The Dan Bongino Show - Ep. 917 The Down and Dirty on the Budget Deal
Episode Date: February 15, 2019In this episode I address the good, the bad, and the ugly in the budget deal and the emergency declaration for the wall. I also address Joe Biden’s role in the Spygate debacle. Finally I address Ama...zon leaving New York. News Picks: Here’s the latest on the budget deal.  This piece addresses the emergency declaration for the wall and the likely ramifications.  Senator Graham demands that Andrew McCabe appears before the Senate to explain his role in the coup attempt against Trump.  Alexandria Ocasio-Cortez is celebrating a major economic loss for New York.  This Ukrainian official is knee-deep in the scheme to take down the Trump team.  Big government is the problem, regardless of the political party involved. This McGurn piece addresses this point.  Copyright Dan Bongino 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 producer joe how are you today
it's friday the famous joe armacost friday intro a little road show for me i'm up in the trump
international hotel in dc which uh listen i get it i'm not
like an unbiased observer here when it comes to uh the trump but what a place man gosh this
is ridiculous i'm used to staying in new york city hotels i was telling joe before the show
and uh you know they're they're small they're all small even the expensive ones are like the size of
your bathroom in your house but But this place is amazing.
So, yeah, there's a little bit of a roadshow today.
Got an important meeting today.
Probably figure it out.
I ran into one of our listeners in the hotel lobby.
I think his name was Chris yesterday.
He's like, dude, what are you doing here?
So we'll talk a little bit about that on Monday.
Pretty cool stuff.
But I got a lot to get to with the deal last night.
I also have something I haven't addressed in a long time with the audience, Joe.
The Joe Biden connection to this whole Spygate, Manafort, Russiagate collusion thing.
Joe Biden, you notice Joe has managed to escape any scrutiny on this?
No, no, that all ends now.
We've hit this before, Joe and I. Yes, we have.
To save you from having to dig through our entire
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All right, first.
The border deal.
I like that. We need to incorporate that more.
Let's go through it this way because we've given you now three, four days of commentary
on it. You're going to see it all day on the news
and I don't want to waste your time. So I want to break
it down very simply this way. Let's do
rather than the old movie, The Good, The Bad, and The Ugly, which Joe is very familiar with,
let's go from The Ugly, The Bad, and The Good of the Deal.
Listen, it's a bad deal, okay?
I said that last night on Hannity's show.
Hannity said it.
Trump said it.
Everybody knows that.
People are emailing me like crazy.
Dan, it's a bad deal.
Yes.
Joe, I don't know what...
Folks, I can't respond to all...
Yes, you are correct.
Let me just...
Can I do a blanket reply all
to everybody who emailed me
how bad this deal is?
You are right.
Let me get that second to sink in.
You're not supposed to have silence on the radio.
Let's give it a three count.
Two, three.
You're all correct.
Am I making this clear? it is a bad deal it's a bad deal it's a bad deal yes my only point to you in return is given the advantage the significant advantage politically and tactically the Democrats have in the House, given that they run the House.
What are the other options?
I've given you them.
The other options are to fight in the sequester when it comes to December.
And the options are an emergency declaration, which I don't like.
I've been candid about.
But it appears Trump is going to go.
So let's start with the ugly first. Here's the ugly part of this that I really think is going
to be very troublesome. I discussed this last night on the Hannity Show. Ladies and gentlemen,
Section 224 of the deal is deeply disturbing. Section 224 of this budget deal last night
appears to be some form of a backdoor amnesty. What does it do? I'll read to you the portions
that matter here. Section 224.
Then I'll translate it for you, Joe. None of the funds provided by this act, in other words,
the budget DLS line, or provided by any accounts in the treasury of the U.S. derived by the collection of fees may be used by the Secretary of Homeland Security to place in detention,
to place in detention, remove, or refer, or initiate removal proceedings against a sponsor,
potential sponsor, or member of a household of a sponsor, or potential sponsor of an unaccompanied alien child.
Okay, let me translate that from, you know, appropriator ease and government ease into
what that means in common sense terms.
What that means, ladies and gentlemen, is if you come across the border with an unaccompanied child and claim to be that person's
sponsor which has a very loose definition in this that no funds can be spent to deport remove or
even refer you for removal that's a big big thumbs down in this it is unquestionably a poison pill
the democrats threw that in there um i think though they're now it's
ugly listen i just put it in there we're doing it in reverse the ugly the bad and the good not the
good the bad and the ugly this is the ugliest portion of the whole thing now the trump administration
and some dhs officials are stating uh and i'm getting this from some folks some pretty solid
sources on this that the dhs is very clear this, that this sponsor thing is not going to be some open-ended way,
basically, Joe, to say, grab a kid and say, hey, come with me to the border.
I'm going to claim your sponsor.
And now we have an amnesty.
Now, is that going to get tied up in court too?
Probably.
But it's bad.
It's ugly.
I don't agree with it.
It should have been stripped out.
But this is the bag of garbage the swamp gave Trump. This is the deal the Republicans
and the Congress agreed to. It's not Trump's deal. You may say, well, then just don't sign it. Okay.
Well, what do we do then? The Republic, he has no, you understand, ladies and gentlemen,
let me hold off on that because that's going to be the good. I don't want to get too far ahead of myself. Let's just leave it at this.
Section 224 of the bill creates an avenue to basically bring an unaccompanied kid with you,
say, hey, I'm a sponsor, and you can't be deported.
Okay?
Pack up the babies and grab the old ladies and everyone goes.
Yes.
Yeah.
Very good.
There never has been more inappropriate time for that song.
Yes.
That's exactly what's going to happen.
And it's going to create incentive to track kids through this very dangerous journey across the desert to our border.
So that's the ugliest portion of it.
Here's the bad portion of it.
Again, that's the worst, the ugly part.
But the bad portion of it is there's also a stipulation that you have to consult with local officials before you build a border wall in any specific area.
Excuse me. Had to drink some coffee
there now these road shows are always a little different what is of course what's that going to
do that's going to tie up in either some form of litigation or bureaucratic morass the construction
of walls and areas where politicians who don't like donald trump are going to use it as some
kind of a cudgel uh to say look i'm going to fight this wall. And then the budget deal opens up for consultation.
My avenue to talk about it first.
And I'm going to tell them no wall, not here at no time at all.
And Trump can go pound sand.
Bad, bad stuff.
Also bad.
The fact that it's only one point three seven five billion dollars, which is way short of the $5.7 billion Trump needs to construct that 230 plus miles of border wall that he needs to secure the areas that the border security experts have told him he needs to secure to make the border adequate, the safety somewhat adequate.
Okay.
The good.
Okay.
The good.
Ladies and gentlemen, I don't mean to sound hyperbolic or ridiculous here, but I don't know any other easy way to say it.
Trump is all you have left.
He is.
He's all you have left.
You know, I've tried to be an impartial observer of this.
And listen, I know it's true because I get nasty grams from really, really pro-Trump people and moderate Republicans who like the show.
They like the economic stuff, who object sometimes when they think, you know, they think I'm going overboard for Trump.
I don't think I am.
But like I said, I give my email out for you all to read. It's info at Bongino.com.
Send it to us.
We read it.
We listen to it all.
Having said that, I mean this.
Trump is all you have right now.
He's been clear how many politicians do you know at that level the president united states the most powerful man in
the world that signs a deal he acknowledges two days ago is terrible you may say what does that
mean he's weak no who does that everybody gives you the focus group tested talking points about
oh this is not a this is a wonderful deal.
He's telling you straight out.
In other words, he's acknowledging to you that the bag of horse manure
that the Republican rhinos in Congress
and the swamp rat Democrats in Congress sent them is a terrible deal.
There are some good Republicans left, but very few.
Folks, the good part of this is it's going to avoid what's
going to be an unquestioned political disaster if this continues. He doesn't have leverage right
now. I don't know an easier way to get this out. He doesn't have leverage. What do you do? I mean, when you look
at a war scenario, right? Look at some kind of a combat scenario. I'm trying to think of when we
used to do, maybe you'll say use of force scenario. I don't like war because war is a unique stain on
humankind. But when you look at, say, a use of force scenario, we used to do AOP as assault on
principle in the Secret Service. There were times in the
Secret Service we would harden up, right?
In other words, we would pick a
pre-designated hard room for
our protectee. No windows,
cinder block walls, and we would
reinforce that room and we would
fight to the death at that room.
There are other times we would have
an escape route and we would
take the escape route, which we would clearly mark. There are other times we would have an escape route and we would take the escape route, which we would clearly mark.
There are scenarios that dictate hardening up and there are scenarios that dictate you flee and live to fight another day.
Folks, there is no leverage for him right now.
I don't know.
I'm not going to lie to you.
Let's just screw it and give him up.
There is no leverage.
Do you understand he's all you have?
That's how I opened up the good part of it.
You may say, what's good about this?
Because there is another fight here.
The fight's not over.
Everybody's like ready to throw in the towel.
Oh, it's over.
Capitulated.
It's done.
Capitulated.
We just got a report today that medical, Joe,
healthcare costs are rising at the lowest rate they've risen in years now
due to Trump's ridding of the individual mandate
and the expansion of plans outside of Obamacare.
We just found out prescription drug costs are rising at the lowest rate.
The economy added 304,000 jobs last month.
Even though he took a massive political beating on the House side in the midterms, we still have the Senate and there are elections coming up.
And this bill, however sucky it is, and believe me, the suck level is high on this.
It only lasts till December.
And there is some border construction money.
And he's all you have.
He doesn't have warriors right now on the Republican side, outside of very few principled people.
The Mike Lees of the world.
You know, I like Massey on the House side.
These guys, outside of these guys who are actually willing to stand on principle, there are very few guys up there in the Congress.
You know, maybe you got the Jim Jordans and others, the good guys, Mark Meadows, who are willing to do anything about this.
What do you want him to do?
He has no leverage.
I'm genuinely curious.
I'm not saying this to be, I don't like to insult my audience.
It's not like, oh, you guys are no better.
You guys are, I don't, you guys are, you guys and ladies are very smart.
Your emails are great.
I'm just asking you, what do you want him to do?
He's in an executive position, the most powerful executive position in the world
they lost a midterm election they cannot get a budget bill with everything they want
through the house they can't they simply do not have the votes if he had a republican a coalesced
republican group behind him that would be willing to stand fast
in the event of a government shutdown,
I would say, all right,
let's at least test the waters again
on this and shut this down, okay?
He doesn't have that.
What am I trying to tell you?
Folks, if the government shuts down again,
the Republicans and the Congress and the House
are going to override his veto
and sign an even worse bill than they have now.
Think about how that looks.
You think this is some kind of a loss?
Wait until you see that loss later.
This guy's all you have right now.
The president.
He's all you got.
He's not putting lipstick on this.
He's not out there trying to gloss around.
This is the greatest thing ever.
He's been acknowledged this is a crap bill.
Sean Hannity, friend of mine, friend of the president's as well,
was on TV last night
on the same hit I was on, Joe.
I was on the same show.
We both said the same thing.
I called it a steaming pile of horse crap.
He called it a terrible bad bill.
Well put.
Very eloquent.
I don't know what other way to say it.
The only good news here
is Trump understands it
and he understands the political tactics here
are sometimes you harden up and sometimes you have to get out of dodge and live to fight another day
he has no strategic tactical path out of you I know that bothers you I admire the fact that my
my listeners and his supporters are so passionate but don't give up on the guy now, folks.
We've still got the December fight.
We've still got the economy booming.
We finally got the control on some health care costs.
And we've got the chance in December through the sequester to make significant cuts in government spending.
One more thing on this and I'll move on because there'll be a lot of analysis today and I got a lot to get to. There is no question that Trump has the power to declare
this national emergency he's declaring actually right now as we speak. There's no question. The
1976 National Emergencies Act, he can declare a national emergency. That will not be fought in
court. Are we clear on that? Just because this is bifurcated. And I have a piece up. I'm not a huge
fan of roll call, but they have a very, very well done piece i have in the show notes today upon gino.com
and again subscribe to my email list i'll email this stuff right to you it's a very good article
about a thousand words take you about maybe seven eight minutes to get through but it's very well
done and it's not overly partisan about where this is going to go in the courts now that trump's
going to declare a national emergency for the border funding.
His ability to declare the national emergency
will not be challenged.
Bill Clinton declared 17 of them.
George W. Bush, I think it was like five or six.
Obama declared multiple national emergencies.
It's bifurcated.
That part's fine.
The second part of it is the money,
the moving the money around
to finance the construction of the wall, Joe, under the national emergency.
That's where we're going to have a problem because the president is not an appropriator.
That's why I'm not crazy about this.
It has a strong potential to get tied up in court, but they have left the president with no other options.
And remember, this only lasts until December. Having said that, if he gets started on the 1.375 as a, you know, quote, down payment on the wall and gets that wall moving, Joe, I said last night on the Hannity Show, and I'll say again, how bad do you think it's going to look, optically speaking?
Remember, snapshots and soundbites, folks.
That's all politics is, are pictures and soundbites.
That's projection of power is getting the best pictures and the best soundbites you can get. How do you think it's going to look in court right through the election
season, Joe, as presidential candidates are declaring the Democrats in court fighting the
construction of a wall that's already being built as caravans keep coming in, not going to look good.
Now, again, is this some big victory yesterday? No. The ugly and the bad
parts of this deal far outweigh the even minor goods we have. The minor good, again, a little
bit of construction here. The Democrats have now put themselves firmly on the side of open borders,
and now we've got people on the record. Listen, Trump is all we have left. I'm just asking you
not to bail on this guy now, folks. It's the right fight. He is all you have left. I'm just asking you not to bail on this guy now, folks. It's the right fight.
He is all you have left. He understands this is a terrible deal. It's not a mystery. Okay,
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Okay.
So yesterday, another hilarious meltdown on the far left.
And by hilarious, I mean tragically hilarious.
I mean that it's one of those sad clown hilarious things.
You know the sad clown, Joe?
It's not like the clown at the four-year-old's birthday party who's having a good time and
everybody's laughing and all the kids are watching him do his thing and make the balloons.
This is like the sad clown.
You're all like, you feel bad for him.
So, Amazon pulled out of New York yesterday.
They were going to put a second headquarters up in New York in an area I know well near Long Island City.
It was estimated to bring anywhere from probably 20,000 to 30,000 jobs, possibly more, into New York City. It was estimated to bring anywhere from probably 20,000 to 30,000 jobs, possibly
more, into New York City. It was going to be about a $5 billion investment. Listen,
am I a big fan of taxpayer subsidies? No. I wish every state would just level the playing field
and have a low-tax environment, not just offer carve-outs for specific companies.
Having said that, though, the question about Amazon and its role in New York, that it was going to be some kind of a
net positive was an easy one. To bring $5 billion in investment and 25,000 to 30,000 jobs to an
area, there's no question even the externalities themselves would probably pay for these carve-outs
in the tax code, which again, I i don't agree with but this was a net
good 70 of new yorkers approved of this deal so amazon uh in response to some comments by
alexandria ocasio-cortez and yeah to some union pressure i'm glad we're not on video today for
that one after um so joe's having a pretty negative response to this too amazon decided
to pull out apparently i'm getting from some uh a friend of mine, you know who you are, who sends me information on what happens in
the workplace all the time. There's a hint if you follow me on Twitter. He's very familiar with this
stuff. Said that the real story behind Amazon pulling their headquarters project out of New
York was pressure to unionize Amazon from union interests who were stunned that Amazon
pulled out, Joe. In other words, they thought this was a done deal. They were going to come in,
come to the table, force Amazon to unionize, pressure them over time. And at Amazon,
once they built the place or committed to it, would be forced to stay. They were shocked when
Amazon came in and basically gave them the double-barreled middle finger and said, okay, we're out.
See you later.
That's what I'm hearing.
It was AOC had a little bit to do with it, but it really wasn't all her.
It was a union stuff, and you're trying to push them into unions.
Now, having said that, ladies and gentlemen, I got emails yesterday and texts from friends of mine who were in unions in New York.
Remember, I grew up in New York.
I grew up in Queens.
I spent most of my adult life there before I moved to Maryland and Florida.
I still have a lot of friends who are, you know, local three,
who are carpenters, steamfitters, tin knockers, you know, bricklayers,
you name it, all the way up and down the line.
Plumbers.
And they are furious.
Furious. Now, is Donald Trump going to win the of new york in the next election because of this nah let's let's not be ridiculous it's uh that's that's
probably uh uh it's probably a difficult road to hoe right there given the population of new york
is lurched far left having said that though it's decisions like this that get middle class union workers even non-union
workers who are laborers get them on the record now i don't care what the top levels of the union
brass are telling you the guys on the ground doing the jobs there are two groups of people
that are furious the laborers i got text yesterday you know what i'm going to read to you one this is
not a joke this is an actual text i'm not going to tell you who it's from obviously but this is a text yeah this is real yesterday 5 36 p.m eastern time text comes this is one of like 20
i got can you believe these moron dems killed the amazon deal lost a ton of construction jobs
so i wrote back idiots they cost the city billions. He writes back, unbelievable in capital letters.
I'm so pissed.
Folks, that was one of many.
So again, for 2020, I know the deal yesterday wasn't great.
This is not a great day in the Trump presidency.
He understands it.
But ladies and gentlemen, sometimes you harden up.
You take the president under attack into the hard room and you
defend that hard room to the death because your avenues out have been closed off. Sometimes you
head to the motorcade and you live to fight another day. I don't know any other way to tell
you that. Yeah, the new rules are we win, you lose. Those are the new rules. But the new rules
are not engaged in a nihilistic, self-destructive political exercise that will result in massive electoral losses in 2020 and the rapid demise of the republic.
That's not the way you fight these fights.
His avenues here to harden up, to get to the hard room have been closed off because he doesn't have
a secret service protective political team around him that has his back. He just doesn't.
Most of the Republicans up on the Hill, on the Congress and the Senate side,
are ready to stick it to Trump and override his veto of a budget bill
and pass the worst deal humanly possible.
This Amazon thing is another black eye for them.
Now let's get the Democrats on the record for open borders.
Let's get them on the record with this awful deal.
Let's not try to cover up what it is.
Trump should come out and do what his press conference,
what he's doing, call it what it is.
It's a terrible deal.
It's the deal that Democrats want for America
because they don't want it for America.
This is a self-destructive party. You can't play chicken with a suicidal political party.
Call them out for what they are. But this AOC thing at Amazon, I think it's going to really
ding her up as well. I think the fact that she was celebrating the loss of all these jobs
yesterday is ridiculous. Now, hat tip to the listener who sent me this. Thank you very much. You know who you are. Yesterday I had mentioned, in light of Ocasio-Cortez
and now the Democrat Party celebrating the loss of jobs
and the investment of capital in New York City,
yesterday I had cited...
Yeah, you can get...
Say hello, babe.
This is my little daughter.
She's in the room.
Say hello to the audience.
Hi.
What are you doing here in Washington?
I'm going to see Donald Trump. audience hi what are you doing here in in in washington i'm gonna see donald trump my daughter she's in the hotel room with me yeah do you hear that yes she talks really well
she's the best i love my girl but a hat tip to the listener yesterday i had i'd cited this
milton friedman thing we're talking about amazon the investment just to be clear we're going with this so you don't think i'm you know segwaying it to
some unrelated topic milton friedman the great economist uh god rest the man's soul one a man
capitalism and freedom is one of the greatest books you can ever read by milton friedman
it's hard to be a conservative without reading that book it's that good
friedman was great at debating he was him and thomas saul
would just annihilate liberals at every opportunity now this is from either the early 80s or the 70s
speaking about there are a couple different things friedman won on the phil donahue show
phil donahue was a noted liberal and in light of what happened with amazon and liberals confusion
about basic economics capital investment and jobs this is phil donahue asking milton
friedman about
greed the same thing alexandria casey o'court has is accusing amazon of
corporate greed play that cut when you see around the globe the maldistribution
of wealth
the the desperate
plight of millions of people in underdeveloped countries
uh... when you see so few haves and so many have-nots,
when you see the greed and the concentration of power within,
did you ever have a moment of doubt about capitalism
and whether greed's a good idea to run on?
Well, first of all, tell me,
is there some society you know that doesn't run on greed?
You think Russia doesn't run on greed?
You think China doesn't run on greed? You think Russia doesn't run on greed?
You think China doesn't run on greed?
What is greed?
Of course, none of us are greedy.
It's only the other fellow who's greedy.
The world runs on individuals pursuing their separate interests. The great achievements of civilization have not come from government bureaus.
Einstein didn't construct his theory under order from a bureaucrat.
Henry Ford didn't revolutionize the automobile industry that way.
In the only cases in which the masses have escaped from the kind of grinding poverty
you're talking about, the only cases in recorded history are where they have had capitalism
and largely free
trade. If you want to know where the masses are worse off, it's exactly in the kinds of societies
that depart from that. So that the record of history is absolutely crystal clear that there
is no alternative way so far discovered of improving the lot of the ordinary people that can hold a
candle to the productive activities that are unleashed by a free enterprise system.
But it seems to reward, not virtue, as much as ability to manipulate the system.
And what does reward virtue? You think the communist commissar rewards virtue?
You think a Hitler rewards virtue? You think, excuse me, if you'll pardon me, do you think American presidents reward virtue? Do you think a Hitler rewards virtue? Do you think, excuse me, if you'll pardon
me, do you think American presidents reward virtue? Do they choose their appointees on the
basis of the virtue of the people appointed or on the basis of their political clout?
Is it really true that political self-interest is nobler somehow than economic self-interest?
You know, I think you're taking a
lot of things for granted and just tell me where in the world you find these angels
who are going to organize society for us well i don't even trust you to do that
that is one of the greatest clips i we've played it before probably two years ago plus yeah uh but folks i know it's
long joe has a general policy of trying not to run clips more than a minute minute and a half
but that's worth it that is worth every second of it two quickies from there uh first greed what
society is a run on greed what person is not born with an inherent sense of greed? I mean, you talk about the seven deadly sins, you know, gluttony, all these, they were all
bedrocked in this human greed.
And secondly, at the end, he references, you know, maybe Federalist 51, if men were angels,
right?
We're not angels.
We are naturally, sadly, you know, we're sinners.
We're all sinners.
And when you give people power, it tends to magnify our worst assets.
What capitalism does rather than socialism is it puts an emergency brake on the worst instincts of human beings.
You have a legal system where you can sue.
And secondly, if you don't like a product, you are not in fact forced to buy it,
which has forced many quote greedy companies
out of business over the years
who tried at the expense of a long-term business plan
to maximize profit the short term
and were rapidly put out of business.
Virtue.
And then he brings up the fact that,
oh, you think politicians reward virtue?
Like what kind of an idiot was this guy, Donnie?
You were like, virtue. You think we should reward virtue like what kind of an idiot was this guy donnie you were like virtue like we should reward virtue like that and he goes you think the soviet communists
rewarded virtue like are you an imbecile they they they killed hundreds of millions of people
between china and the soviet union okay one more clip from friedman because this relates specifically
to the amazon debacle in New York, pulling
their headquarters out and Ocasio-Cortez ridiculously celebrating this epic disaster in New York.
Ladies and gentlemen, capital matters, money matters, factories matter, the investment
in factories via money and wealthy people who have that money matters.
But this lady who then goes on to question Milton Friedman in this segment
seems to be confused and she equates somehow income inequality,
income inequality with capitalism.
And Friedman has to set her straight.
Play that cut.
Why is it we have so many millionaires and everything in the United States
and we still have so many impoverished people who try to get up into
the world. Why is it we
have this lack of money where people
who can't support themselves
decently and get a decent job
where all these big men are up on top
making oodles and oodles of money. They don't
need it. They can only eat that much.
Eat in a sleep in a bed. And what do you suppose they do?
If they don't eat it and don't
use it, what do you suppose they do? They hoard it. And what do you hoard it they what do you mean they put it under their pillows that's right no they
keep investing it investing it and that's right yeah what are they invested in well in oil and
everything where i mean all these other people what are they invested in don't get off the subject
what are they invested in well they invested in a lot of uh different things that the little people
need well do they invest
in factories? Yes. Do some of that money
end up in machines? Yes. Do those factories
and machines provide ordinary
working people with jobs or not?
What do you suppose the productivity of this country
would be and of the wage rate would
be if the total
amount of capital in this country today
was what it was a hundred years ago?
Where do you suppose the improvements in productivity come from except from the investment by people of their
savings? But let me go to your fundamental question. First place, nirvana is not for
this world. There is no paradise. Of course we've got a lot of people who are poorly off. But if you look at it
over time, if you get a sense of proportion, the well-being of ordinary people has been
the main thing that has been improved by economic progress and economic growth and development.
And most residual hard cases of poverty today are the result, again, of a failure of government.
Why do we have a black teenage unemployment rate in 30 to 40 percent?
Because of two failures of government.
One, a failure to provide decent schooling, which is a governmental responsibility.
Has been, whether it should be or not, it has been.
And second, because of a minimum wage rate, which prevents those kids who haven't had decent schooling from getting jobs at low pay
at which they can earn the skills on the jobs that would enable them to rise to higher pay if you look
at the sources of poverty you will find a very lot most of them are derived from that what i regard as wrongheaded government policies
so two takeaways from that and again just utter brilliance by friedman one of the a guy i uh
i mean i can't there's not enough accolades out there but two takeaways from that
number one there's always going to be income inequality. There is no paradise, as he adequately states.
Accurately states, excuse me.
There's no paradise.
There's always going to be people who are less, relatively speaking, less well-off than
people who are wealthy or even middle class.
Always, no matter what, in any society.
Because there's no perfect way to organize society to equally distribute assets without
creating incentives for others not to produce those
assets as you take them away to redistribute them.
But the point he tries to make is that even though there are going to be people always
who are less well-off than others, the people who are less well-off in economically free
countries are far better off than people who are at even the highest levels of the income
structure in socialist countries.
In other words, our poor are richer than socialist countries wealthy.
Now, if you look at the piece I wrote at FoxNews.com in yesterday's show notes, Matt Palumbo even
put some data in there to back that up.
The poorest states in our union are richer than some of the middle class.
The poorest states in the union, the average incomes in those poorest states are higher than some of the wealthier enclaves
in European countries,
some of the wealthiest European countries.
So capitalism produces so much wealth
that yes, there are people, relatively speaking,
who are going to be poorer than others,
but those poor are still better off
than people in socialist countries
who are largely starving to death.
So he brings up that point. But he also
brings up another point about capital, how capital and the accumulation of savings through successful
enterprise is not flushed down the toilet. The lady says, well, they hoard it. And he goes,
what do you mean they hoard it? They put it under their pillows? She goes, no, they invest it,
meaning they put it in banks. And what happens with it in banks well then other people use it to start their own businesses and
get rich themselves ladies and gentlemen is this complicated and the answer is of course it isn't
that's what happens with the typical flow of capital one more point at the end a third point
is he she says he brings up another accurate statement there that when you look at the
pockets of hard poverty in the united states do you find it oddly coincidental that those pockets of hard poverty, Joe, are strictly isolated
areas almost exclusively controlled by big government policies?
Notice I didn't say Democrat policies.
I said big government policies.
Right.
William McGurn wrote a piece in the Wall Street Journal a long time ago.
We used to cite often.
It was right after the riots in Baltimore City after the Freddie Gray incident.
McGurn wrote this piece comparing Martin County, Kentucky and Baltimore City.
Martin County, Kentucky is a county that largely voted for Mitt Romney in the presidential election.
Baltimore City voted overwhelmingly for Barack Obama.
They are both pockets of hard poverty in the United States.
McGurn says, you know what I find oddly coincidental about these two places?
They are both dominated by extreme
government intervention in the economy, social entitlement programs, minimum wage programs,
welfare programs, which incentivize people not to work after a certain day, people who are able-bodied
and willing. These are two places that are struggling right now due to big government
policies. This was McGurk. I don't have the piece still around, but it was a really good piece.
Maybe I'll try to find it, stick it in the show notes today.
But it is big government that creates those hard pockets of poverty, but the woman didn't
understand that.
She seemed to think that it was capitalism that was creating these hard pockets of poverty.
That is entirely, entirely inaccurate.
Okay, those are worth addressing today after the Amazon deal.
I like to keep my money in my socks.
Thank you, Saul.
I know Saul does.
Joe, of course, going back to the jerky boys there.
You grew up in New York.
You knew about the jerky boys.
They lived not too far from me, those guys.
They were pretty funny.
Yeah.
All right.
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Go check them out all right let's get to the down and dirty on joey b i'm not talking about my brother
joe biden how is this guy managed to escape any type of scrutiny in the russia gate spy gate
scandal now he has it with
us but we mentioned this a while ago and it's time to bring it up again now because joe biden
uh if as you've probably heard is considering throwing his name into the presidential campaign
sweepstakes uh because he wants to be elected the next president so let's get to joe biden
now for those of you read my book spygate uh I cover this, please pick it up if you haven't.
We had another good week of sales.
I guess the word of mouth is starting to spread.
We actually, Joe, after, what is it, three, four months or something in release?
Yeah.
We had our second best week ever in sales last week.
Do you know that?
All right.
That's cool.
Yeah, the book is really going crazy, so we appreciate that.
going crazy so we appreciate that but we cover this a bit book with Biden and he's got some connection here to this scheme let me read to you a headline first from the Washington Post and kind
of tease where it's going with this Biden arrives in Ukraine to show U.S. support as crisis with
Russia continues April 21st 2014 so just to be clear joe biden takes a trip to ukraine
to discuss u.s support as ukraine's crisis with the with the russians was going on
you know the crimea the invasion we had all that stuff going on which you you're all aware of
what else happens in april of 2014 Now, I bring this up, Joe, because the Republicans are always accused of having, especially Trump, suspicious connections with the Russians.
What about these suspicious connections?
In April 2014, Joe Biden's son, Hunter, joins the board of a company called Burisma.
So let's just be clear.
Biden takes trip to Ukraine, April 2014. A Ukrainian gas company, Burisma. So let's just be clear. Biden takes trip to Ukraine, April 2014, a Ukrainian gas company,
Burisma. Joe Biden's son, probably for a very nice salary, Hunter, gets a spot on Burisma's board.
Now, the owner of this board, the owner of this company, Burisma, where Hunter Biden's son is
appointed, conveniently right around the time he takes a trip to the Ukraine. But let's not worry
about those connections.
Let's just worry about the fact that through someone, through someone, through someone,
a Republican once had a shot of Russian vodka.
The owner of the company, Mikolas Zlochevsky, I always say these names wrong, Zlochevsky,
forgive me if I'm saying his name wrong.
The owner of Burisma has a very strange connection himself, Joe.
So the owner of this company that hires Hunter Biden, a Ukrainian company, right around the time Biden goes to Ukraine, he's pretty well connected to Viktor Yanukovych, the head of the Ukrainian government, who, by the way, is being investigated.
Excuse me, Manafort was being investigated, Trump's former campaign manager, for his connections to some lobbying efforts
done on behalf of Yanukovych.
Now, this guy, Zlochevsky,
is a comrade, let's say, of Yanukovych.
He was one of his government ministers.
This is the guy who owns a company
that hires the vice president's kid
after he takes a trip over there.
So let's be
straight on this now let's be crystal clear about what's going on because again it's the connections
they say they have no direct evidence against donald trump for his collusion with the russians
but they always seem to insinuate show that it's circumstantial stuff why does that is why is that
the only circumstances that matter why don't circumstances that reflect poorly on the Democrats,
why are they almost never brought up?
Why are they never probed and probed and probed?
And why isn't a collusion scandal being alleged here?
Well, because they're Democrats.
Yanukovych is the guy Manafort was lobbying for,
this pro-Russian Ukrainian, the head of government in Ukraine, who Manafort was lobbying with and with the Podesta group as well.
Manafort was locked up and is being charged for failure to register as a foreign agent.
But keep in mind, one of this guy's buddies, the same guy Manafort's lobbying for,
that he's being charged for, this guy's Lucheski, manages to hire Joe Biden's kid
right during the time Biden takes his trip to Ukraine.
Now, here's what's even more suspicious about this, folks.
So follow me here.
All right.
Biden goes to Ukraine.
Biden's son, Hunter, gets hired,
a Ukrainian gas company.
He gets hired for a nice position on the board.
The guy who owns the company
was a minister for this head of the Ukraine government that's being investigated
for connections to Manafort, where Manafort's being investigated for connections to him.
What happens right after this? Zlochevsky's Burisma and the Atlantic Council sign a
cooperative agreement. This is a headline from Burisma
Group published January 19, 2017.
The largest gas
producer in Ukraine, Burisma, forges
relationship with the new U.S.
administration. The Atlanta Council of the United States
and the Burisma Group
have signed a cooperative
agreement. You think they're trying to make good?
You think they sense something's wrong?
What does that tell you, folks? now follow me zlachevsky hires biden's kid right after this
trip and right during the time uh biden takes joe biden takes his trip to ukraine zlachevsky has
this natural gas group in ukraine zlachevsky's group conveniently signs this cooperative
agreement with the atlantic council
why does the atlantic council ring a bell folks think think this through the atlantic council
the chief technology offer officer denitri dimitri alperovitch these were people uh excuse me uh the
chief technology officer for the crowd strike dimitri alperovitch sits on the atlantic council
crowd strike was the company that looked at the d DNC servers and indicated that it was a Russian hack that did it.
Folks, again, I'm making connections for you that the liberal media and others won't make.
Now, is there any direct evidence that there was a quid pro quo in here?
Not yet.
But if we're going to play fair is fair, we're going to play by the same set of principle rules with an unbiased referee.
And the referee is saying that suspicious meetings in context with the Russians should matter.
Then why doesn't specific meetings and connections with foreign officials in the Ukraine in Ukraine?
Excuse me. Why doesn't why aren't why do none of those connections matter?
The answer is because they're Democrats and it's a protected class.
Now this gets better. Biden goes to Ukraine.
Biden's son gets a board seat on a Ukrainian gas company. The head of the Ukrainian gas company
is a friend of a former head of government in Ukraine that was working with Manafort.
Manafort gets charged. Biden seems to have gotten a pass. Hunter Biden seems to get a pass.
This same gas company that Biden's kid is working for then signs in a cooperation agreement with the Atlantic Council.
Sitting on the Atlantic Council is one of the guys who runs the company that analyzed the DNC servers and said it was the Russians that did it.
All very suspicious connections.
These people all appear to know each other.
It gets even better, folks.
Chuck Ross piece in the Daily Caller. Nellie Orr, this is recent, told Nellie Orr, Bruce Orr's wife,
Bruce Orr is a DOJ official. Nellie Orr is his wife working for Fusion GPS. Nellie Orr told
lawmakers in October that one of Fusion GPS's sources was a Ukrainian parliamentarian,
Sergey Leshenko, whose government had accused him of illegally meddling in the 2016 election.
Folks, this Ukraine connection is deep.
It's in my book.
It's very detailed.
It's footnoted extensively in my book.
The Ukrainians clearly had an interest, some,
in making sure that Donald Trump was not elected president.
The Ukrainians were working with Alexandra Chalupa, a former DNC official, to get negative
information out through the press, through people like Isikoff and others, to get negative
information out into the press about Donald Trump.
Read the book.
It's documented extensively.
The Ukrainians did not want Donald Trump elected.
But again, foreign collusion, Joe, doesn't matter when all the connections go to democrats so let me just
sum this up because i want to cover another thing too before we're done with the show today
let's divorce ourselves from the russian collusion hoax for a minute let's talk about the ukrainians
biden takes a trip to ukraine a former head of government's buddy then hires Biden's kid
to sit on a board of a gas company.
That gas company later partners up after they find out
that the Democrats lost the election with the Atlantic Council.
On the Atlantic Council sit a number of former Obama administration officials.
On the Atlantic Council sits Alperovitch, the CTO of CrowdStrike, the company that told
everybody that the DNC, her service was hacked by the Russians.
We then have the wife of a number four DOJ official, Bruce Orr, who's working with Fusion
GPS and others to get the dossier.
The wife admits that a Ukrainian lawmaker, Sergei Leshenko, was a leading force, quote, behind the release of the so-called Black Ledger, which accused Paul Manafort of receiving illicit payments from the Ukrainian government.
By the way, this Black Ledger has never been verified at all.
The ledger led to Manafort's firing from the Trump campaign, but its validity remains in dispute.
Folks, one of the real scandals here
is the Ukrainians' involvement in this.
Ukrainian officials like Leshenko and others.
That's the bell for the hotel room.
Ukrainian, that's another bell for the hotel room.
There you go.
We're ringing like crazy.
Ukrainian involvement through DNC officials.
One of the real scandals here is their effort to get the Trump team dirtied up as much as possible while suppressing their connections to the Biden team.
So here's the takeaway.
We'll move on.
Some entrepreneurial reporter out there should be asking themselves immediately, how did Hunter Biden get that seat on Burisma, this Ukrainian gas company? How did he do that? And if the people
connected with that company are connected with Yanukovych, who's considered a dangerous person
to be involved with, at least according to the Manafort indictment, why isn't Biden's connections
there? Why aren't those being looked at? I think we know the reason, because Biden was
Obama's vice president, is a protected class. Check that out, folks. Chew on them apples.
Okay. I filled in for Mark Levin the other day, and I'm going to wrap this up with this one. I
got a lot of questions about this. Some of you regular listeners already knew it, but some of
you didn't. I covered Skolkovo, and some of you wanted me to just readdress that quick.
And some of you wanted me to just readdress that quick.
The Skolkovo project is another shady connection.
And the only reason I'm bringing this up, again, is because with the Trump campaign, everything seems to be about connections, not evidence.
But again, when you point out connections between Ukrainian involvement in the election and Biden, nobody seems to be interested.
But what about Clinton's connections to the Russians herself and himself, Bill Clinton, too? Ladies and gentlemen, this Skolkovo project is an absolute disaster. It is all about Skolkovo.
I keep saying that. Skolkovo was a Russian technology product in a technology corridor.
They wanted to emulate Silicon Valley in the United States over in Russia. So what did they
do? They instituted this technology corridor type project where they tried to attract
US tech companies over there.
The problem with Skolkovo, according to our own intelligence officials, is that Skolkovo was being used as a front for Russian intel to steal our deepest, darkest technology secrets to use in dual application technologies and military technologies.
The Russians wanted to steal our tech.
They wanted to steal it to build weapons used to kill us, like the hypersonic missile.
What's the problem with Skolkovo?
It's not necessarily news, Joe, that the Russians have been trying to spy on us.
What is news is that they tried to take it right in front of our faces and under our noses with the help of U.S. officials who just anxiously filled in the void, patted them on the back and said,
you guys go get them. Hillary Clinton supported the Skolkovo project, a Russian technology theft
project used to create military weapons. She spoke openly about it, ladies and gentlemen.
She supported this thing. She advocated for it. Hillary Clinton, the head of the Skolkovo project,
Victor Vekselberg, was a Clinton Foundation donor. Hillary Clinton, 10 head of the Skolkovo project, Victor Vekselberg, was a Clinton Foundation donor.
Hillary Clinton, 10 of the 27 companies that signed on to Skolkovo
were Clinton Foundation donors as well.
Bill Clinton took a trip to Russia for $500,000
paid for by Renaissance Bank,
a company deeply involved in the Uranium One deal.
He took this $500,000 speaking fee.
His team emails the State Department and tries to ask for permission for a meeting while Bill
Clinton is over in Russia, a meeting with someone very, very interesting. That meeting is with
Viktor Vekselberg, again, the head of the Skolkovo project, a project that our own intel people have now acknowledged
was an effort to steal our technology to build weapons against us by the Russians.
They are covering this up, ladies and gentlemen.
The Skolkovo project, this is all out there.
It is available on the internet for any entrepreneurial researcher to go out there and look at.
Again, it's in the book, Skolkovo, Skolkovo, Skolkovo.
So just to sum up this last section, we'll let you rock and roll for the weekend here.
If connections to foreign officials are suspicious, why isn't anyone looking into
how Hunter Biden got his job at Burisma? Conveniently, at the same time, his father
was developing relationships with Ukrainians who later came back and targeted Donald Trump using DNC officials to leak information about the Black Ledger, how Manafort was paid off and Manafort was working with Yanukovych.
Well, Yanukovych's buddy hired Biden's kid.
If Yanukovych was such a bad guy as they claim, listen, I'm not a fan of Yanukovych, but if Yanukovych is a bad guy, why is he only a bad guy when it comes to Manafort?
What about Biden's kid?
And secondly, the connections to Skolkovo were there for anyone to see.
Check them out.
Clinton wanted to meet with Vekselberg, the head of Skolkovo, Bill Clinton, while he was being paid by the Russians to be over in Russia.
Vekselberg donates to the Clinton Foundation.
He's running the Skolkovo project. being paid by the Russians to be over in Russia. Vekselberg donates to the Clinton Foundation.
He's running the Skolkovo project.
You're telling me he doesn't know about Russian intel efforts to use that technology corridor to steal our stuff?
The Clinton, Hillary Clinton openly advocates for the Skolkovo project.
Openly.
Folks, you understand what they're hiding?
They're hiding their involvement, not ours.
It's their involvement with the Russians and the Ukrainians that has created a significant, significant problem for them.
And the whole purpose of the Mueller probe appears to be today to scrap, bury, and sweep underneath the carpet the Democrats' deep, dirty, disgusting connections to foreign officials that unquestionably interfere in our election.
Everybody knows the Ukrainians were deeply involved in our election.
Everybody who's followed this case closely.
And the connections go to the Democrats, not the Republicans.
All right.
One last thing I neglected to mention in the front.
Forgive me.
We were talking about the emergency declaration for the wall.
I just want to take about a minute and just tell you where the money is.
Here's where the money is going to come from according to the latest reports for the wall.
So the 1.375, according to the bill that looks like it's going to be signed today,
the DHS looks like they can get $8 billion from this emergency declaration if the courts don't overthrow it.
Some of the money will come from the Treasury forfeiture fund,
some from DOD counter-drug funds, and some from the Milcon budget,
the military construction budget.
So we'll see what happens with that.
We should probably have some further additional announcements today.
And don't miss the show on Monday.
Today's a big day for me.
So I'm really happy to be up in DC.
And thanks for the...
Sorry, we're not going to have any video clips today.
It's a road show.
But Joe, of course, will always put together a top-notch audio product.
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Have a really wonderful weekend, and I'll talk to you all on Monday on SoundCloud as well. We really appreciate it, folks. Thanks a lot. Have a really wonderful weekend
and I'll talk to you all on Monday.
Good day, sir.
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