The Dan Bongino Show - Ep. 777 The Footnote That Could Blow the Lid Off of Spygate
Episode Date: August 3, 2018Summary: In this episode I address a footnote in the warrant application to spy on a former member of the Trump team that could blow this case wide open. I also address the latest economic numbers. Fi...nally, I cover the latest Russian spying scandal. News Picks: The media isn’t telling you these things about the Russia probe. This Margot Cleveland piece addresses some stunning new information about Mifsud’s role in the Spygate scandal. We should all push to abolish tax withholding; here’s why. Is economic growth in the next quarter going to be even better than this quarter? Here are some of the details in the new Russian spy scandal. Copyright CRTV. All rights reserved. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Transcript
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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 and oh boy do i got a show for you today
again a big thank you to everyone um who picked up my book spy gate the attempted sabotage of
donald trump we are still thanks to, in the top 100 on Amazon.
It's available for pre-order now.
You all are the best.
I appreciate it.
Hey, I've got some, Joe, I didn't tell you this before the show because he even asked
me, he goes, what are we going to talk about today?
I said, I'm going to tell you.
Great piece in the Federalist by Margot Cleveland who found a footnote in this Pfizer thing
that's going to blow your mind.
And it fits right in with what we've been talking about, Joe, for months.
The push, right?
Yeah, the push. That was a big thing.
It's not just that the Trump team was spied on.
It's that they were probably, based on the information we've compiled
in the book and everywhere else, that they were framed,
that they were set up.
That's been, right?
Has that not been like the $64 million question here?
That has, yeah.
So, folks, this is going to get really, really good.
Margot Cleveland found a footnote in there
that I think is going to blow a lot of this wide open
and it's going to really kind of,
hold on a sec, let me see what I,
there's an okay button on my screen.
It's driving me crazy.
Okay, great.
That's going to really blow your mind.
You can leave that at Joe.
Usually Joe cuts it out,
but we're doing a bit of a road show
today.
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Okay.
So, the Mifsud story, folks, I know this case as it drags on,
a lot of you are wondering, okay, where's it going to end and what's going to be
the breaking point? I think the breaking point is what the FBI is still hiding. And I believe
what the FBI is still hiding is the potential use of an additional asset that was pushing information into this campaign.
Now, I want to tell you, I know Sean Hannity.
I'm not a name dropper.
I'm not trying to impress you.
But he said something last night in the show,
at the end of the show, with the TikTok,
that something big's about to break.
I'm being 100% honest with you.
I did not.
I was supposed to do the show last night.
I'm in New York City, but they had Eric Trump in.
So we're going to go back to the regular schedule next week. I didn't do it last night. I'm in new york city but they had eric trump in so we're gonna go back to the
you know the regular schedule next week i didn't do it last night i didn't see sean but i have a
pretty good guess what that thing may be so just to re-establish where we are so you understand
the spy gates whether you just tuned in today for the first time or you've been tuning in for six
months the government spied on trump we know that now we know they used FBI FBI assets and Central
Intelligence Agency assets to try and spy and pull information out of the Trump team about Russian
collusion it would be no different analogy wise if I thought Joe was you know guilty of robbing a
bank he wasn't and I kept throwing FBI spies at Joe Joe did you rob a bank Joe did you rob a bank
Joe did you rob a bank that's what we know rob a bank? Joe, did you rob a bank?
That's what we know so far.
I've told you,
if you've been listening for the last six months,
that I believe the real scandal here,
which I believe we're going to be vindicated,
has been the push.
It's not that they tried to pull the information out of Joe about robbing a bank
or pull the information out of the Trump team
about Russian collusion.
It's who pushed it in who pushed it in so margo cleveland in a please i know i say it's a lot read the show
notes please read this at the show notes at pangino.com if you're on my email list or if
you subscribe to it i'll send these right to you margo cleveland picked out two gems now let me go to two takeaways the takeaways
are about mifsud now if you know how this case started against trump or how the fbi alleges it
started the fbi keeps sticking by this story loosely through leaks and otherwise that the
case started with a low-level trump surrogate by the name of
george papadopoulos who met up with alexander downer an australian diplomat in a bar in london
right right and said something about dirt on hillary right now why would they so vocally and
strongly and vigorously stick to that story despite the fact that that story
seems highly unlikely now joe why does that story seem highly unlikely because ladies and gentlemen
if we're having a conversation about politics and we're in the political space and i'm talking to
someone a diplomat or otherwise and i go hey listen i'm running against joe armacost for
congress man the russians may have dirt on him. Can you imagine?
Ladies and gentlemen,
we'd all be under federal investigation.
There's no probable cause there.
No PC, no PC.
There's nothing there.
There's no there there.
But the FBI has been
just passionately sticking to this story
that it's an inconsequential,
nearly nonsensical conversation
had in a bar when nobody even knew yet that the DNC was hacked
that opened up this entire investigation
where George Papadopoulos talks to Downer and says,
oh, they may have had dirt on Hillary.
Even Downer seems to think,
based on some of the interviews he gave in the public,
that this wasn't much of a revealing situation at all.
Why do they keep sticking to this story?
Because the predicate event to that is the bombshell.
The predicate event to that,
because remember, this happens in May.
The Papadopoulos-Downer meeting happens in May.
The predicate event to that,
where Papadopoulos gets the information,
remember, the push, who pushes it in.
That happens in April. That's a meeting with this Maltese professor, Joseph Mifsud, who had been all
over on this show because the circumstances surrounding Mifsud are highly suspicious.
The Democrat liberal media swamp rat narrative they want you to believe is that George Papadopoulos,
this dirt comment, he got this from
this maltese professor in april in april this maltese professor mifsud meets with him and the
allegations according to the democrat story is that just joseph mifsud was some kind of a russian
agent so then joe the case would be at least somewhat plausible yeah a russian agent meets
with a trump advisor tells him about dirt on hillary that trump advisor a
month later meets with an australian diplomat in london says hey the russians have dirt on hillary
that would make sense that maybe that may be not a full-blown counterintelligence investigation
but it's certainly something maybe worthy of inquiry right yeah yeah that assumes one thing
though joe that assumes miss suit was a russian agent yes what if missud was a Russian agent. Yes. What if Mifsud was a Western intelligence asset?
Now, sorry for the background, but it's important.
Yeah.
Now we go to the Margot Cleveland piece.
Point number one, take away from the piece.
Mifsud, in February of 2017, comes back into the United States to speak at a Global Ties conference. This Global
Ties conference is a conference held in conjunction with the State Department. The
State Department has some interactivity with them on this. They have some influence on it.
What the heck is Mifsud doing back in the United States in February to speak at this conference. Oh, and at the exact same time he's interviewed by the FBI.
Oh, how about that?
How about that?
How about that?
Joe, wouldn't that be a great cover story to get him back into the United States without
arousing suspicion?
Hey, look, we've got this conference.
This guy would be perfect for this conference.
Oh, oh, oh.
And this State Department's already worked with the FBI on the Trump case.
How do we know that?
Because Jonathan Weiner of the State Department, Hillary Clinton, John Kerry acolyte, already wrote an op-ed in the Washington Post saying that he met with Christopher Steele, that he passed information about Trump onto the FBI.
So the State Department nexus to the FBI, State Department, by the way, a bureaucratic
diplomatic entity.
This is not a law enforcement entity at all.
Now, DSS, their protection passport fraud arm is, but the bureaucrats have no law enforcement
powers at all.
But the bureaucrats have no law enforcement powers at all.
The State Department holds a conference, or I should say, to be precise here, is working with this entity, this Global Ties Conference.
They're getting speakers in.
They get a speaker named Joseph Mifsud, who conveniently meets with the FBI during the same time period this conference is going on.
And then he disappears.
Great cut.
Never to be seen again.
Yeah.
Now, we mentioned this before in a show,
I don't know,
I always get the dates wrong
because they all blend in now.
We're up to lucky seven,
seven triple seven.
Folks, we mentioned this about,
I don't know,
it had to be at least three months ago
about this State Department
Global Ties Conference. I'm not saying that they're like, hey, look, look at, I don't know, it had to be at least three months ago, about this State Department Global Ties Conference.
I'm not saying that like, hey, look, look at me.
Margo Cleveland, she found something really, the second one, this gets better.
What's interesting is Cleveland, in the Federalist piece, goes over the FISA reapplication.
re-application in that period, Joe, that January through March period where the February,
obviously January, February, March, the January through March 2017 FISA period.
She goes through the FISA app and she's looking in there for little tidbits of information.
Now you would think based on the unredacted now public FISA app in that January to March period, if they interviewed Mifsud, Joe, who's this big Russian agent and told Papadopoulos about all this dirt on Hillary, that there would be some explosive new revelations about Papadopoulos and everything and Mifsud and Mifsud's disclosures and all this other stuff. But no, there's almost nothing in there.
other stuff but no there's almost nothing in there maybe because there was nothing new maybe because he was not a russian agent who exactly was mifsud working for
i don't know what sean was hitting at last night but i'm telling telling you right now, people are closing in on Mifsud Fast.
And I'm telling you, if you've been listening to the show, we've been on this for months.
This is the scandal.
The scandal is the push.
Who pushed this information into the Trump team?
Because if it was pushed in, he was framed.
That's what being framed and being set up is.
Pushing a false piece of information
into an enterprise you're targeting
to pull out later to use as evidence of a crime you made up.
Now, the big takeaway.
So again, point number one about Ms. Sood
from this latest piece
was the State Department's working with this
global ties conference to get miss sud in the country in february was that all a front was that
all a front to bring this guy back into the country without arousing suspicion just to get
him in fbi hands to say quiet now joseph you can't reveal what you did for us here, because if you reveal that you tried to set up the Trump team, oh boy, this whole thing, the can of worms will be everywhere.
We'll be cleaning worms off the floor, the table, napkins, our computer, everything.
Was the State Department working with the FBI to get this guy back in here?
Folks, now it is a lot of what Devin Nunes has been talking about lately,
how there were no official channels,
and how he mentions in a lot of his Maria Bartiromo interviews
about the connection to the State Department.
Does this make sense now?
How a bunch of bureaucratic political players,
we know we're coordinating with the fbi that's
already on the record so that that's not in this you can be a liberal and be a denier
uh spygate denier all you want that's that's your call that's already out there weiner's already
admitted to that a state department official in a washington post op-ed an effort to cover his butt
maybe that washington post op-ed show was an effort to preemptively strike at the bigger story later, which was the State Department's efforts to work with the FBI to coordinate the push, to coordinate the actual activities of an FBI intelligence asset working to push information into the Trump team for the purpose of framing them.
Okay.
Listen, number two gets here.
I don't mean to keep teasing you, but if you don't get past number one, number two won't
make a lot of sense.
All right.
Very good.
So again, number one, FBI State Department coordination question mark.
Did they do that?
Is that why Mifsud spoke at this conference?
Why was Mifsud interviewed right after that conference?
Was there some knowledge and coordination?
Why did Mifsud disappear after that?
Mifsud has never been seen again.
Again, it's not me.
It's a conspiracy theory stuff.
I'm not suggesting he's dead
or in some other planet
or in the Twilight Zone.
I'm just telling you,
Mifsud is out of the public space.
That's just a fact.
If you can find him
and interview him, that'd be great.
We'd love to hear from him too.
But nobody can.
Okay, point number two, this is where it gets really good. Let me just read to you from
Margot Cleveland's piece. This was a genius pickup. Okay.
She says, looking through the FISA. Now keep in mind, the FISA she's looking at, this is important,
The FISA she's looking at, this is important, is the renewal in the January to March period where Mifsud, the push, comes back into the country for this State Department-sponsored working with conference global ties.
She's like, if there was anything significant about Mifsud being a Russian agent, shouldn't have it been in that renewal?
You see where she's going with this, right, Joe? If Joseph Mifsud was the Russian agent who told George Papadopoulos that there was dirt
on Hillary and he's the nexus and the connection to this whole thing, then why, when they interviewed
him in February, is there almost no information about it at all in the FISA warrant?
Maybe because he was working with the FBI, not the Russians.
Isn't that crazy?
So she looks at the footnotes in the renewal.
She says of particular note, the footnote included a new Freedom of Information Act exemption notation.
Which allows the government to withhold information that could be reasonably expected to disclose the identity of a confidential
source yes margo cleveland nice work on that one oh yes yes wow a new footnote
a new footnote which appears in the re-up for the fISA application in January, in the period of January to March of 2017
when the FBI interviews the guy who's allegedly a Russian agent who told Papadopoulos about emails.
His friends deny he's a Russian agent. They say he's a Western intelligence source. The Bureau
brings him in. They interviews this guy who's supposed to have the keys to the kingdom about
the Russians. They mention almost nothing about his interview why maybe because they'd already known him and
in there there's a new footnote at asking for an exemption from the freedom of information act
because we need to protect the identity of a confidential source yep folks again i i can't tell you i i know sean is very well connected
but is this what they're hiding now again if you're a listener to the show you're not surprised
by this but i did not catch that footnote i didn didn't catch it. We've been exhaustively researching the book
and one of the problems you have
when you're doing the book
is we have so much detail in there
about other things that are, like I said,
really going to blow your mind,
especially the British motivation,
you're going to be floored.
And there are so many angles to this perverse case.
The Brennan stuff we have, it stuff we, it just never ends.
We have it laid out by characters too.
Now, we hit on all this Mifsud stuff, and you'll come to the same conclusion from reading
the book, but the footnote, which just came out, we went to publication, but the footnote
really seals what we've been saying the entire time.
The likelihood that Mifsud was in fact a
western intelligence asset working with us and friendly intelligence the entire time is probably
the deepest darkest secret of this entire scandal why the heck now i know i can be a little confusing
my wife sometimes because it's such a complicated case after the show it is yeah yeah she'll say like she said to
me the other day you know when i did the show about is the cia with the cia hiding an overseas
op potentially is that what they're worried about too she didn't get it and i had to say it very
simply to her we have handshake agreements with intelligence partners that are friendlies to us
the uk canada new zealand that we're not going to conduct uh cia
intelligence ops on their soil what i was trying to bring up in the show is did we do that is that
what this whole case is a cia op against trump on foreign soil and how much did the british know
about it read the book you'll figure it out quick. But this case here, the biggest scandal of the entire operation, I've been saying in public speeches and anyone who will listen, has been not was the Trump team spied on.
We already know that.
We know Stefan Halper, a central intelligence agency asset, was contacting members of the Trump team for information.
Ladies and gentlemen, none of that's in dispute.
That's scary enough. The Trump team was's in dispute. That's scary enough.
The Trump team was spied on.
That is scary enough.
The most frightening part of this whole thing, though, is the information he was trying to pull out.
This asset working for the U.S. government.
Was it put in by the U.S. government, too?
Now the story becomes. understand why this is so devastating
folks the story becomes then not just was the trump team spied on but was the trump team set up
why is this a problem for democrats they can justify six different when i'm using justify
loosely the democrats and the liberal media six different ways from Sunday, a reason to spy on anyone, Joe. Think about this, Joe. I'm not
trying to set you up here, but if I'm a corrupt intelligence official or an FBI manager, and I
want to spy on you as a political candidate to ruin your career, what can I always hide behind?
I can always hide behind sources and methods sources and methods in other
words you know what I can't disclose while I was meanwhile keep in mind the whole thing is bs I'm
spying on Joe strictly because he's a political candidate I don't like you tracking me yeah man
but as a bureau agent who's potentially corrupted or an IC agent an intelligence community operator
I can always hide behind the fact with the spying narrative that we did it
because sources and methods gave it but we can't disclose who those sources sources and methods are
and a brick wall will go up every time that's what the democrats are doing do you understand
this is what they're doing every time they they go okay we didn't spy on trump that was narrative
number one then it's we spied on trump but we had a reason but then it was we spied on trump and it
was a pfizer warrant then it was when we saw the pfizer warrant well it was a pfizer
warrant but then it's the information you don't see in the pfizer warrant that's devastating then
it was well let's see the information we don't see well no no there were other reasons outside
of that and they will always raise the bar yeah joe please tell me you get this because if audience
i love you to death this is from 628 on This is the capstone right here. This is it.
They are they are uncomfortable enough with the spy narrative, but they can run enough
interference to hopefully drag this thing out, win back the House, change the chairmanships
on the Democrats and make this whole thing go away.
They cannot possibly.
There is no way they can cover up, none, a scandal to frame him. None.
There is no law enforcement framing guidelines to framing a suspect. There is none of that.
to framing a suspect.
There is none of that.
This thing will be devastating when it comes out
that this guy was potentially
a Western intelligence asset
used to set up and frame a political team.
You understand there is no way
to explain that away.
Are you tracking this, folks?
This is critical information
and it's why for months on this show,
I have been pushing this and pushing this and pushing this.
That it's the Mifsud story that is the devastating part of this.
Was the FBI coordinating with the State Department
to get one of their assets back into the country
so they could interview him to shut him up?
He has since disappeared. We have not seen him. We have not heard a public statement from him, nothing.
And secondly, did they disclose to the FISA court after they interviewed him that the reason they
were spying on Papadopoulos is because Mifsud was one of their assets. And if Mifsud was one of their assets,
was Mifsud responsible for setting them up?
Papadopoulos and the Trump team, that is.
With the dirt narrative.
Remember, the time Mifsud meets with Papadopoulos
and says the Russians have dirt on Hillary?
Nobody knew about the DNC hack, Joe.
Do you guys understand why, how critical that is?
The whole Russian collusion narrative to take down the Trump team,
the entire thing, ladies and gentlemen,
is that the Russians hacked the DNC.
They tried to share the information with the Trump team,
the nasty DNC emails,
that the Trump team then worked with the Russians to get those emails out there.
It is a complete, you understand this is a total fabrication.
There is zero evidence at all that any of that, zero, none.
Making it even worse,
when Papadopoulos meets with Mifsud in April
and meets with Downer in May after that
about the dirt on Hillary,
nobody knew about the DNC emails.
The DNC email story wasn't even public.
You may say, oh, well,
when they were talking about dirt,
that's just because no one knew.
Maybe Mifsud knew about the DNC hack
and that's what he was talking about.
No.
Because that's not what Papadopoulos told downer joe in other words if mifsud had said something about dnc
hacks and dnc emails and papadopoulos was the keys to the kingdom and he was running back to
the trump team oh look they've got dnc emails it's not public yet why didn't he tell downer that
do you hear what downer said downer
in a public statement he gave recently said papadopoulos never even mentioned a word emails
he said dirt what does dirt mean they've got pictures of her doing bad yoga what the hell
does that mean you understand the whole email story is a complete fabrication? It's made up.
Mifsud never mentioned emails to Papadopoulos.
Papadopoulos never mentioned emails to Downer.
Now, I want to tell you my theory on this what this is all after I read this piece yesterday
I'm like oh my gosh now it makes sense folks I you know me you know my prior line of work okay
again everybody gets it I don't mean to beat you over the head with it but it's important
I was a federal agent for a long time I I enjoyed it. It was a great job. But sometimes you get ahead of yourself.
It's a job like anything else.
I mean, Joe's job when, you know, me and Joe wanted to start doing video a couple years ago.
You know, we got ahead of ourselves too.
We're like, let's do that, you know, and we were trying to get all kinds of equipment.
And Joe and I were like, you know what?
Let's dial this back.
Let's focus on the audio product.
You get ahead of yourself in any job. People get excited. As long as you don't breach the bounds of ethics it's okay and it
happened to me as a federal agent i remember i got a call about a guy um you know out of respect
for him he's i'm not going to say his name of course but you know who he is most of you've seen
the movies and i got a call about this guy and a fraud and his name came up and it was going to be
a really what do you call it?
Like a sexy case, Joe.
If we cracked this case, it would have been a big deal.
You know, you would have been in the media and everything.
And listen, you know, you're human like everyone else.
You're like, wow, this is cool.
This would be.
And we got it.
Now, the case was real.
It wasn't.
But the case was not as was as great as it's.
You know what I'm getting at?
When we started to dig into the
details it was kind of a lot of fluff stuff and it really was more of a local case than a federal
case um we had to move on but i wound up losing a friend over it because i got ahead of myself
i called the united states attorney's office and i'm like hey here's what we got and the united
states attorney got all excited and a friend of mine who had given me the case had never given me permission
to do it to call him the ausa the intake ausa now i he didn't say not to right so i'd assumed i and
he got mad at me and needless to say he was a postal inspector we never spoke again he was really
mad at me he's like oh you gotta head now they're gonna be looking for this and it ruined the whole
case and i always to this day obviously i'm still talking I still feel bad about it folks here's what I think happened here Mifsud I have no longer any
doubts based on voluminous again read the book it'll be clear as day Mifsud was clearly working
with western intel whether it was the United Kingdom in conjunction and on orders from the CIA or working with the
CIA I'm not sure Mifsud somehow is instructed based on some information they think they have
about Trump colluding with the Russians I don't know what it is and I want to be clear on this
I am a big supporter of the of the Trump you I mean I wrote a whole book on this. I am a big supporter of the Trump team. I think Trump was done wrong big time.
I'm not sure exactly what happened,
but I'm not going to lie to you and tell you
there was absolutely nothing.
I'm telling you there was nothing criminal.
And there was certainly nothing counterintelligence-wise
worthy of an investigation.
But like the case I had where the postal inspector called me
and it really wasn't as big of a deal as it seems, I can almost guarantee you some foreign
intelligence outlet looking to kiss the butt of Hillary Clinton, whether it was a Baltic state
or the United Kingdom, whatever it was, may have looked to ingratiate themselves to what they
thought was going to be the incoming Hillary Clinton administration. They come up with a tip
that, I don't know, a Trump business associate had some deal in Russia. It's probably not illegal,
but I don't know, maybe it elicited some suspicion. What happened? Like me, FBI guy gets excited.
FBI guy, CIA, maybe, I actually, I should, let me correct that. I'm reasonably confident it was
a central intelligence agency asset at the top, passes it to known
partisan Brennan. Brennan likely meets with them. They activate a source. They say, you know what,
let's feel this out. The source meets with Papadopoulos. The source says something about
dirt with Papadopoulos. Papadopoulos meets with Downer, talks dirt people get excited they're like well this has to
mean the emails look what we've got the emails the dnc hack becomes public they look that's what the
dirt meant meanwhile the dirt didn't mean anything because the dirt was a plant by them in the first
place they get all excited they want to go look what we've got we've got a presidential candidate
spying with the russians oh my god and gentlemen, I think this was a cascade of errors based on hubris, based on political targeting, based on malice by John Brennan, based on malice
by some people in the FBI who could have shut this thing down just going through the Woods
procedure and verify any information. But I think this is a classic case of law enforcement and
intelligence entities getting way ahead of themselves, letting their egos dictate the case, not the facts.
Is this making sense?
Yeah.
They get a tip, Joe.
Hey, you know, Armacost is working with the Russians.
Meanwhile, Joe, I don't want to bring that up.
It wouldn't be fair.
But Joe, I was going to bring up something about little Joe,
but that wouldn't be right.
But Joe, let's say Joe knows someone in a foreign country yeah it's not illegal
at all but joe's running for president and someone says something to a guy that hates joe
then they're like oh my gosh we got to do something about that do something about what
well joe met with this guy in a foreign country so well it could be well ladies and gentlemen
there's nothing wrong with doing an initial investigation and probing stuff there is something wrong with getting warrants all of a sudden this
you know these people don't like joe they're like well listen we've got a we've got an asset
he can meet with joe and i got an idea have him just like throw something out there you know
like hey joe um you know we have some dirt on hillary then all of a sudden joe a few weeks
later is in a bar whatever in moe's bar from the Simpsons
right and he's talking to Moe and he goes man
I heard the you know that they may have some dirt
on Hillary all of a sudden the information
then gets back to the FBI again like oh my gosh
look what happened the dirt the dirt again
here's the dirt
yeah the dirt came from them
right
this is
crazy stuff yeah yeah easily yeah we're good we're good yeah
and and i just i'll leave it with this because i do have a couple other stories to get to but this
is just that footnote that footnote is the key to this why would the fbi right after interviewing mifsud in that fisa reapplication in that same
time period why would they insert a footnote asking for an exemption from the freedom of
information i can lose we're not going to disclose this because we don't want to disclose the identity
of a confidential source this also explains by the way this also explains why the democrats keep saying no no
sources and methods we can't disclose that sources and methods you notice again shift he's been awful
quiet adam shift shift a he's been awfully quiet about unredacting the blacked out portions of
that fisa application if those blacked out portions describe the operation to work with
mifsud or someone else to set up Papadopoulos
in the first place. This whole thing collapses, ladies and gentlemen, because you can cover up
for spying. Sources and methods, we've got other information. You cannot cover up for framing a
presidential campaign. I'm telling you, you read the book, it is clear as day. The footnote will
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Okay.
I have to tell you, folks, that was one of the most enjoyable 30 minutes of the show I've done.
I hope, I don't know know maybe it's because i like
putting this puzzle together and i've really enjoyed it and i know a lot of you've come on
this journey with me since episode 628 on and our show has gone up by what about a factor of 10
the audience i mean we're now the number two conservative podcast in the country thanks to you
but i enjoy putting the pieces together and i hope you do too, because I think now you can be reasonably
confident that you have not wasted your time. You know, there were a lot of sites out there
claiming they have information on stuff. I don't get into it a lot. But when you go back and you
look back, you look at the predictions and you look at what's happened, you'll see a history of
getting things wrong. One of the things on this show is,
you know, we don't want to be first.
We want to be right.
And Joe and I are always apt to say,
hey, Margo Cleveland picked this out.
Conservative Treehouse guys picked this out.
Jeff Carlson, Markets Work picked it. We have no problem with that.
This is too important a case
for anybody to be concerned about.
While I was further, it doesn't matter.
What matters is we as a country get this right.
And I don't want you to think you're wasting your time.
We have been telling you for a long time, based on high quality information, that the real scandal is Mifsud.
Read that piece. It'll make sense.
All right, moving on.
Some great news.
I have a couple other stories in the show notes today about the economy.
I know a lot of you, too, are probably thinking right now, well, what about that other story?
And hold on.
Just stand by.
Even the one I talked to you about before the show, Joe.
I'm debating how to handle this.
Okay.
I know why.
Yeah.
Yeah.
So give me a minute on this.
So, Hank, don't go anywhere. I was going to say something. Yeah, I know why, yeah. Yeah, so give me a minute on this, because I'm, yeah, so Hank, don't go anywhere.
I was going to say something.
Yeah, I know you were.
I want to get to this first, though,
because it's important.
So there have been some rumblings out there
amongst left-leaning economists
that the 4.1% GDP growth number
we had in the last quarter,
which is outstanding, outstanding,
not unprecedented, quarterly speaking,
in quarters, measured not annually, quarterly,
not to be a wise guy, but some liberals keep confusing the two. Quarterly speaking, Obama
hit 4% a couple of times as well. I think four times to be exact. Again, we're interested in
facts and fairness here. Now, Obama was an awful economic president. There's no doubt about that.
There's no doubt about that. There's no doubt about that
because Obama never hit 3% annually.
A lot of those were quarterly blips.
So having said that,
the leftists have been saying,
well, the number hit last quarter,
the 4.1%,
one is not unprecedented
because it's been done before.
And secondly,
it could be a blip
just like it was under Obama,
which is kind of an interesting analogy.
Like Obama sucks and Trump is going to suck as much as Obama.
Like that's your defense?
I mean, isn't that kind of whack?
Are you guys serious?
Like that's your defense?
Is that some kind of academic survey data you put together?
I mean, it's just pure idiocy.
But I want to – obviously, I don't know what's going to happen in the future.
But I have an interesting piece in the show notes from a business insider, how the next
quarter GDP numbers, folks, may be even better.
The Atlanta Fed, which does a metric called GDP Now, it's a prognostication tool for measuring
future output to guide people in the future what the economy may look like.
They put out a GDP Now number, which regularly engages in predictions
for the next quarter,
the GDP that's going to come next.
They're not always right,
but they're rarely off by more than a few points.
They're predicting the next quarter, folks,
will be high fours, even five.
Now, ladies and gentlemen,
I'm going to give you a couple things right here.
I think the next quarter could be 4.8, 4.6.
But I think annually we have the chance to get well over three, which will be that never happened under the Obama years.
Obama, statistically speaking, from a growth perspective, is the worst post-recession president.
Matter of fact, one of the top five worst economic
presidents of all time based on cumulative gdp growth that's how we measure economic growth
i'm telling you i think the leftist predictions that this 4.1 percent growth was a blip and that
the economy is going to slow down or nonsense here's why kim strassel has a good piece in the
wall in the wall street journal that lays out some of the really good stuff going on it's it's she's
kind of saying how trump's tweets are interfering with this good message.
I love Kim Strasser.
She does great work.
And I get it.
I totally respect her point.
But I'm going to focus on the good stuff because I just get tired of the media.
And that story gets old sometimes for me.
Here's what's coming up.
The Chinese are panicking, folks.
They're panicking.
Trump imposes 25%
tariff. I addressed this the other day. The Chinese now are saying, we're going to impose
60 billion more tariffs. Listen to me. I hate tariff wars. I hate tariffs in general, but the
Chinese cannot win this. You understand? They cannot win this. They absolutely cannot win.
If we go to zero tariffs or close to it on a number of products with the EU, the Chinese that
export far more to west of the United States cannot win this they will have to come hat in hand or they
will starve they bought a boatload of soybeans from us in the last quarter because if they tariff
our soybeans and make them expensive their people will starve folks i'm not kidding oh well they'll
find replacement but yeah they will they may find find replacement products, but not in the scale we can produce them.
We are the world's biggest economy.
The Chinese are going to have to.
We will break them on trade if Trump sticks to this.
I'd rather see it go.
Listen to me.
I'm not a tariff guy.
I'm not changing my position at all.
Make no mistake.
But if the weapon to get to zero tariffs
is the threat of tariffs as trump shown can work in the past with the eu i'll take it right now
secondly lefties are freaking out trump just uh introduced through his uh administration a new
car emission standards the cafe standards the fuel efficiency standards, corporate average fuel economy standards. This is great, folks.
This is huge. This could be a billion, multi-billion, tens of billions, if not hundreds of billions of dollars boost to the economy. Why? The fuel standards Obama imposed were draconian.
They were forcing car companies to make cars people don't want. A lot of crappy little
boxes nobody wanted to buy.
People want their F-150s.
They want their Raptors.
They want their Expeditions.
They want their Explorers, their Tahos, their Suburbans.
They don't want little crap boxes.
They don't want microwave ovens with wheels.
Unfortunately, American car companies,
which honestly don't make those cars very well,
they don't.
We just don't.
Nobody likes them. They have to make them, Joe, because they have to get an average fuel economy of their
fleet that's like 72,000 miles a gallon or some ridiculous number. It's high and it's going up.
So basically, American car companies have to make cars nobody wants and take massive losses.
Trump finally, his administration came in yesterday, announced that they're going to give a good hard look at these corporate average fuel economy standards.
And they may scrap some of those numbers and targets and let car companies actually build what they want.
Ladies and gentlemen, this is huge.
This is huge.
It's huge for a couple of reasons.
Joe, what's your biggest expense after your house?
Your car, right?
Yeah, man.
My fuel.
Or if you've got a kid in college, maybe your kid in college.
But Joe's driving.
Yeah, driving.
Ladies and gentlemen, if these cars that if we're now building cars where you're looking at $2,500 or $3,000 more.
By the way, these are not unrealistic assumptions.
Built into the price of the car in order to offset losses from crappy cars.
Nobody's buying. And those numbers are scrapped now.
And Ford can get competitive and Chevy can get competitive and start to build cars two and three thousand dollars cheaper.
Magnify that across all the drivers and the new car purchases in the United States economy.
Ladies and gentlemen, this economy, combine it with the tax cuts and the deregulatory push, and if we can get some control on spending, oh boy, we are looking at
astronomical levels of growth we have not seen since the Reagan years.
Thousands of Americans would die.
Of course, Bernie. That's inevitable. That's always, of course, as with everything.
Knew that was coming.
I missed that one. We haven't heard that in a long time. Thousands of Americans.
We need that after each one.
So Joe,
cue that one up, okay?
So we're going to zero tariffs
potentially with China
when we break them on trade.
Thousands of Americans would die.
We're going to dump
a lot of these car fuel economy standards
and get American cars cheaper
for American consumers.
Thousands of Americans would die.
Trump's looking at scrapping
a lot of these garbage payday lending rules,
which are preventing lower income Americans who don't make a lot of money
from getting access to payday loans.
Thousands of Americans would die.
The Endangered Species Act, which is preventing a lot of American
farmers and folks who deal with the land outside from accessing the land
from a higher economic purpose purpose
but for conservation too thousands of americans would die he's banning the irs trump from
accumulating non-profit taxpayer information that they would use in the past under liberal
administrations to target innocent americans who did nothing wrong thousands of americans would die
he is preventing obamacare from preventing people from buying short-term
cheaper plans more conducive to their family's health care needs show thousands of americans
we haven't done that in a while that was good i didn't see that coming joe is uh completely
taken over he's he's pirated the soundboard he's prevented me any access from the soundboard from this point on.
Folks, you see how all of this stuff, the IRS rules now,
Obamacare being scrapped, the Endangered Species Act.
Now, finally, we're getting a more realistic conservation policies,
payday lending, preventing lower income Americans who can't access loans,
who's putting them out of business, cars will be cheaper. Chinese breaking them on trade finally. This is all coming together at the same time,
folks. All of it. Don't think for a second this GDP thing is just a blip. Now, the final piece of the puzzle is we have got to get control of this government spending. I'm begging anyone in the Trump administration,
I'm on bended knee here. Please, the country's going bankrupt. If we can finish off this final
piece of the puzzle and get two terms, and at a minimum, Joseph, at a minimum,
get a hard lid on nominal government spending.
Just put a cut.
Listen, I would love to see cuts, folks.
But if at a minimum,
we can just put a lid on it for now and let the economy grow out of this a little bit.
Folks, we could be looking at,
smile a little bit, smile.
We could be looking at eight years.
Just levels of prosperity you never ever expected in
your lifetime. Regular rates of four and five and six percent growth over six and seven. Even
Reagan didn't do that over six and seven years. Reagan had a great economy, don't get me wrong.
He had four or five solid years in a row. If we could hit 4% and 5% for six, seven years, oh gosh, folks, the compounded
economic effects of that over time, the average income in America, average would be close to $70,000.
Dano, I don't want to put you on the spot, but I think a lot of people are probably
going to want to know the answer to this. What does this mean to the regular guy in the regular
family? No, no, that's a good point ladies and gentlemen
here's what it means to you interest compounds like anything else um interest compounds on a
loan so if you take a loan for a hundred thousand dollars and the interest rate's ten percent
every year that interest rate compounds and if you fail to pay the interest
on that loan so let's say the first year it's $10,000.
And the payments you make on the loan, Joe, only accumulate to $9,000.
I got news for you.
Not only did you not touch the principal, you're now paying interest on an extra $1,000 in the loan.
You know, this is not good.
That works in reverse, too. If we can start growing the economy at a higher rate than we grow the budget and at a higher rate of inflation, what will happen is the debt, even though it's catastrophic now at almost $20 trillion, the debt as a percentage of what we owe starts going down.
Folks, think of this.
It gets complicated when it's done on a national scale.
It's a good question, Joe.
But think about it in terms of your own wallet.
Right.
If Joe makes 80 grand a year and grows his income at 5% a year, right?
So at 5% a year, Joe's going to start growing significant amounts of money.
Joe will be at 84, and then you take 5% of 84 the next year.
Joe will be at almost 90.
And then a year after that, Joe's at 96, and then 100, and then you take 5% of 84 the next year, Joe would be at almost 90. And then a year after that, Joe's at 96 and then 100 and then 110. And all of a sudden, Joe's income, just like the
country's income, that's what GDP is, a general measure of the country's productivity. There's a
general national income too, the gross national income as well. But Joe's salary, say in six,
seven years, is now $150,000. Now he's growing
at 5%. 5% of $150,000 is a whole lot more than 5% of what it was at 80. This stuff compounds
over time. Just like interest compounds on a loan, it compounds on growth too.
Folks, if the national debt grows, the spending levels of the United States, if we were to cap
them and grow them nominally
at nothing, we're going to hold it right here. We'll still be accumulating a lot of debt.
But finally, what will happen is we'll grow our national income at a faster rate than we'll grow
our debt and the debt becomes less and less significant over time. Because the entire
economy now is worth $20 trillion. We owe $20 trillion.
If we can grow the economy to $30 trillion or $40 trillion,
all of a sudden the national debt, folks, is only half of what it was before,
and we did nothing.
Nothing.
All we did was grow the economy.
This is critical.
Does that make sense?
Yeah.
This is important stuff.
Yeah.
Good question.
Thanks, man.
Because that's why growth, growth, growth.
Ladies and gentlemen, that's why these GDP numbers matter so much.
They compound on top of each other.
It's not a quarter or a year that matters.
It's compounding on top of itself.
It's geometric growth.
This is why Trump has mattered so much.
This is why, by the way, the Obama administration is,
has averaged 2% growth each year was so devastating.
Ladies and gentlemen, the historical average of the United States is well over three.
Do you know what one percentage point of a trillion dollars is that we lost every year under Obama?
Do you know how much money that is?
We, this is how much money was lost because Obama couldn't even meet our 200 plus year average.
Pathetic.
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Okay.
So I was talking to Joe about this before the show, and given the sensitivity of the matter, the matter.
Sound like Loretta Lynch.
The matter.
Call it the matter.
I've been thinking the whole show how to address it because I don't want to unnecessarily
inflame people.
But there's a big story that
broke yesterday. I've been getting a lot of comment. I'm going to
address it on my show because I don't want to address it anywhere
else where I can't control the conversation
because you don't know. Because a lot of people aren't familiar
with the details of it. Right. So
check it out in the show notes. It's actually a pretty fascinating
piece. Joe hadn't heard the story either.
Story in the Washington Examiner. I think the guardian actually broke it to give
them uh credit but the story is about a russian asset that was working in the russian embassy
in moscow basically someone who was involved with spying type operations
who was working in the russian embassy in mosc, who was working in the Russian embassy in Moscow.
She was working for the Secret Service.
The story has ballooned into various degrees of hyperbolic nonsense.
Some of it,
was she involved in the collusion scandal?
No, I'm not even kidding, Joe.
There are some people who,
this is why,
guys and ladies, by the way, this is important.
This is why I, if you follow me on Twitter, I so strongly and vigorously fight against
press people who put out false narratives.
The people commenting, ladies and gentlemen, understand, have zero expertise in these matters
at all.
Zero.
Now, they know almost nothing about how the program works.
I know it because I can tell about the commentary.
Now, this is going to surprise a lot of you.
I know this person.
Joe was like, what'd you do?
Yeah, I do.
I was on an investigative assignment to Russia.
Trying to get the date.
I don't know.
It was around 2004, maybe.
I don't know.
2004.
I was assigned to the Secret Service Training Center at the time.
Long story short, when you're in a foreign embassy, this is going to blow your mind, folks.
But I want you to hear it on my show. My wife and I debated talking about it because we're not – I'm telling you right now I'm not trying to throw anybody under the bus.
I'm not.
And I just – my hesitancy is because I'm trying to be careful in telling you the truth and getting away from the media narrative, but I'm really not trying to throw anybody under the bus here.
But here's how it went down.
So we had an office,
the Secret Service has an office,
and had an office in Moscow,
it was fully staffed.
We have them all over Paris,
it wasn't just Moscow,
we had one in Brazil,
Colombia, all over the place,
not unusual.
And the reason, by the way,
because again, press people are stupid,
and they have no idea,
is we have to interact with foreign intelligence folks
and foreign security forces.
Joe, why do you think that is?
Let me ask you a question, okay?
Joe, you're a secret service agent, right?
We do a lot of trips to Russia.
We do a lot of trips to the region.
Do you think it's important if we go to Russia
that we do some liaison work
with the local Russians on the ground
to find out who may want to kill the president?
Yeah.
No, no, no. Forget it. We'll just make it up ourselves, right? See, the press is stupid.
So they don't. Why did the Secret Service have an office in Russia? Well, idiots, because a lot of
credit card fraud originated from Russia and we need the Russians to get these cases. They're so
dumb. It's hard to believe. Why does the Secret Service have an office in Colombia? Because a
good significant portion of the world's counterfeit comes out of Colombia and the Colombian police help us do it.
And by the way, we travel to South America and when we do, we need the local law enforcement
and intelligence assets to keep the president alive.
You know, little stuff like you idiots in the media have no familiarity with.
I know you're in your offices and your rinky dink little stand up desks and you're right.
You speak.
Why is the secret service?
I know you hate the voice, folks.
This is the only time it's appropriate.
Why is there a secret service?
I don't understand in Russia
because you're idiots
because you guys write stories
about us for a living
and you don't understand
what the real world is like,
you dopes.
So stupid, man.
They are.
They're so dumb.
There's a reason.
The FBI has an office in Russia.
They have a league out over
a legal attache.
Our guy got kicked out years ago,
a long time ago. I think it was 2002. Forgive me if I'm off by a year or so. I've been out a long time, but 2002, 2003, the Secret Service supervisor over there. We may go a few minutes over here,
so just bear with me. But this is an important story, and I don't want you hearing this from
anybody else, especially media idiots who have no idea how this works.
Our guy got kicked out.
It's called getting PNG, persona non grata, meaning get out of the country now or this is going to end well for you.
They kicked our guy out for a multitude of reasons having nothing specifically to do with him, by the way.
They kicked out a bunch of people in the U.S. and he was one of them.
him, by the way. They kicked out a bunch of people in the US and he was one of them.
In order to maintain an investigative and protective presence in that region,
they rotated agents in, Joe. So there was no supervisor. There was no permanent presence because the guy we had got kicked out. You've tracking me? This is super important. I need you
to really focus, Joe, on this because if my audience loses me, I'll have done you a huge
disservice. They rotated agents in.
The agents were taken from the field.
I was in the training center at the time as an instructor, and I remember seeing the email saying, hey, we're looking for people to do a three-week temp to the Moscow resident office, RO they called it.
I was like, yeah, sure, I'll go over.
So I went over with another agent friend of mine, and we were there for three weeks.
agent friend of mine and we were there for three weeks the first night we were there the guy i went over with who is an experienced he worked for another law enforcement agency i'm not going to
say what but he was very experienced in detecting activities let's say joe the first night we were we smelled the rat you picking up what i'm putting down that quickly yeah okay and
immediately took action i'm not going to say what it was but it's all thankfully on the record
we right away because him and i were not dopes we're like um yeah not on my watch but thank you
we suspected right away um what was going on now i say all that because
due to how the program was run this woman stayed for a little while. Now, we had left. We were only there for three weeks.
Thankfully, we did everything we could at the time.
But the woman stayed for a while.
And now, the service, you know, listen,
I don't think they're trying, the Secret Service head is,
I think they're pretty clear that a mistake was made.
No one's sitting here going, hey, we did this all right.
The people who were involved in it, by the way, are long gone,
who I don't think followed
up like they could have. But the program, ladies and gentlemen, the backgrounds were not run by
the Secret Service. The FSN program, the Foreign Service National Program, is run by the State
Department. Again, I'm not saying this to throw anybody under the bus. I'm just giving you the
facts because the media people, again, who never had real jobs for a living,
don't seem to understand any of this.
Foreign service nationals,
they're called FSNs,
work in embassies all over the world.
You know who they are, Joe?
They're foreigners who work in the embassy.
That would be correct.
The Russian embassy in the United,
the United States embassy in Russia,
as I should say,
that's the more precise way to say it.
The United States embassy in Russia
has Russians working everywhere.
If you've been there, like I have, you know what I mean.
They're all over the place.
You may say, well, that's kind of dumb.
Yep, I agree.
You're not going to get any argument from me.
But this happens all over the world.
Some of it's for a good reason.
Some of it isn't.
some of it's for a good reason.
Some of it isn't.
But a lot of these FSNs are employed in embassies because we have embassies around the world
to conduct protection operations,
sometimes joint intelligence operations, anti-terror.
It's not an invaluable, excuse me,
it's not a totally not valuable program,
triple, double, quadruple, negative.
There is value to it.
I think the program, though, has expanded too much.
And we said as much when we were there.
And we thought so.
But our opinions, you know, we were at the time GS13s.
I mean, we didn't, you know, our say didn't matter much.
But the program does have some value.
And what's upsetting me is the stories being written like this was exclusively
the Secret Service show.
The Secret Service,
what I'm trying to tell you,
did not background check
and vet this woman.
That program is run
by the State Department.
It is not the Secret Service.
What I'm trying to tell you, folks,
is if you say,
hey, Joe Armacost is legit.
He's not a foreign spy.
We did the background.
Who is the Secret Service to challenge that?
They're not an intelligence outfit.
It's a protection law enforcement outlet.
But I'm telling you,
I know this person.
And maybe one day we'll talk a little more,
but we did what we could.
You tracking, Joe?
And it means a lot to me because I, you know, I, my wife yesterday, when someone sent me
this email, I'm a little banged up about this.
I'm sorry.
And this is why I spent so long because we spent the whole night.
I'm trying to take a break and get away from this all folks.
Not from you. That's why I never take a break and get away from this all, folks. Not from you.
That's why I never take a break from my show, because I love it.
But I've been really stressed out lately.
I'm not a snowflake.
I'll deal with it, okay?
My skin is pretty thick.
But there's a lot going on behind the scenes I don't talk about on the show,
because I don't want to waste your time.
But I really was just trying for a weekend to get away from it.
And this hit last night.
And my wife is like, oh, my my god you told me about this what 14 years
ago i said yep and all night do we tell you know what do we say to the audience because i really i
didn't want this to come off like we're trying to throw anybody into the bus. But I owe you the truth.
You're my audience.
And I'm not going to, you know,
all I can do is tell you what really happened.
And that's what happened.
And I just wish someone would have listened a little sooner.
This is kind of a sad story
because I think a lot of people are going to go down a bit
on this. So Russians are smart folks. They know exactly what they're doing and we tried. All right
thanks again for listening. I'm sorry but I just wanted you to hear that from me. I didn't want to
you know I know a lot of you have emailed me for the take on it. So there you go.
All right, folks, thanks again for tuning in.
Please, I'm sorry, I sound so lost right now.
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So thanks a lot.
I'll see you all on Monday. You just heard the Dan Bongino Show.
Get more of Dan online anytime at conservativereview.com. Thanks a lot. I'll see you all on Monday.