The Dan Bongino Show - Finally, Some Positive News (Ep 1208)
Episode Date: March 19, 2020In this episode, I address the likely path ahead for your job and the economy in the midst of the Coronavirus threat. I also address the hapless media and their awful efforts to sell us propaganda fro...m China. I discuss a piece of troubling video about your child’s education and I debunk another liberal myth about the election. News Picks: Are we making big decision based on unreliable data? Is this the treatment we’ve been waiting for, for the Coronavirus? More positive developments as a home test for the Coronavirus appears set to launch. More unbearable stupidity from the hapless media. Jobless claims spike.  The Senate passed second coronavirus relief package. Big GOP victories in Pennsylvania are good news for 2020 optimists. Copyright Bongino Inc All Rights Reserved. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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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 finally some positive developments yes we all could use some positive news in these
troubling times i've got a lot for you today ladies and gentlemen don't go anywhere today
show sponsored by express vp. Protect your online data today.
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Bongino. Welcome to the Dan Bongino Show. Producer
Joe, how are you today? Fine, sir.
Well, man, I'm just hanging in there trying to
fight the good fight and doing well.
I know you are.
And I will put a smile on your face today. I have not
briefed Joe before the show about the good news. I want him
to hear it first, too. But there is some positive developments out there.
There are, excuse me, positive developments out there.
I got that.
I've got some economic news as well.
Again, I'm not going to do 24-hour Corona.
You can go to a lot of cable news stations.
For that, we're going to cover some different stuff.
I also got an interesting piece of video.
Don't go anywhere at the end.
This totally out of touch elitist snob on school choice you're
like damn what all this going on school choice right now no no it's a short video but i promise
you the way this woman talks about poor people is epidemic of the liberal ethos about how stupid you
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There's that confounded bell.
There you go.
I know.
We are not giving up our bell even in these times of crisis here.
Ladies and gentlemen, there is some good news out there.
Please spread the word so we can start to stem some of the volume and tidal wave of bad news
that's getting everybody super depressed, starting to take a dramatic toll on our mental, physical health,
our economy, and elsewhere.
We're in a crisis time, no doubt.
Serious situations being dealt with.
But there are some positive developments.
Let's get right to it.
Washington Examiner piece.
I'm going to play a video in a second describing this better.
But please read this.
Go to our show notes, bongino.com slash newsletter.
If you want to subscribe to the show notes, I'll send you these articles every morning.
I heard about this a long time ago. I'll tell you why in a minute.
Can I talk about that, Paula? Without getting, okay. You'll understand why I had to ask my wife's
permission there, my co-producer here in a minute. Washington is having her headline,
malaria drug sees promising signs as future coronavirus treatment. Now, you don't need to
hear it from me what this malaria drug is and how it works. I'm going to play some video from Tucker Carlson's show last night with the actual
MD, medical doctor, who was involved in this research, talks about it himself. It's a short
cup, but I'll explain to you. But before we get to this drug, hydroxychloroquine,
chloroquine, chloroquine, sorry, hydroxychloroquine.
We had heard about this a little bit ago.
And the reason is, for those of you who want to know a little bit more about my life here,
my wife has a manageable condition and takes that drug now.
And is all over the research about corona.
She is.
She just, my wife is a natural preparedness person.
Hurricane season, she's reading about her.
She knows more about hurricanes than almost anybody else I know.
Same thing with Corona.
She had read about this weeks ago.
I was hesitant to put it out there
because I'm obviously not a medical professional.
I'm not here to give people medical advice.
But this drug, it appears from the early, and I want to emphasize
early results, hydroxychloroquine seems to be working effectively in the early results.
Listen to this doctor. This is some very, very good news. Check this out.
Hydroxychloroquine has been on the market for over 50 years with a quality safety profile.
Hydroxychloroquine has been on the market for over 50 years with a quality safety profile. And I'm here to report that as of this morning, about five o'clock this morning, a well-controlled, peer-reviewed study carried out by the most eminent infectious disease specialist in the world, Didier Raoult, MD, PhD, out of the the south of France in which he enrolled 40 patients.
Again, a well-controlled peer reviewed study that showed a 100 percent cure rate against coronavirus.
Huge. Huge. Huge news.
The news gets even better. Again, these are early results,
but that's a involved active medical professional
on the Tucker Carlson show last night
talking about dramatic results.
What's the even better news?
Ladies and gentlemen, this drug has been around forever.
And it, relatively speaking, compared to other therapies,
is super cheap and apparently easy to produce.
It's been around for malaria, for, in my wife's case,
immune disorders of the immune system.
I don't need to go into any specifics, but she's fine.
It's a mad, but I've mentioned it kind of before on the show.
Amazing.
There is some positive,
or some positive developments out there, folks.
We don't need to be doom and gloom 24-7.
It's not helping.
Let's just get the facts.
Let's digest the facts.
Let's appropriately gauge our risk
based on that fact,
the facts and the data out there,
and let's get on with our lives. But to get on with our lives in a reasonable fashion, we have to know the risk
and adjust our behavior accordingly. There are some positive developments. We don't need 24-hour
doom and gloom. Please, more good news. This is the good news segment. Time, which I rarely put on Time magazine.
The first U.S. company has announced an upcoming home COVID-19
test for the Wuhan virus
from China.
This is great news.
Apparently,
if this is legitimate, gets all
the necessary approvals and can bump
up production in time, you could be able to test
yourself at home.
Again, there are some positive developments for people's own psychological and mental health.
We don't need 24-hour doom and gloom. We need facts and data to appropriately gauge our risk.
Oh boy, more good news. Apparently plasma treatments are having some effect plasma from recovered patients given to people infected with the wuhan virus
more good news apparently there's a japanese antiviral again let me emphasize early stage
research a japanese antiviral drug is apparently having,
oh, we can't say Japanese.
Gosh, that could be racist too.
The liberals may jump on us there.
A Japanese antiviral drug may be having
some extremely positive effects
on decreasing the progression of the disease
and the viral load.
Folks, what we need to do now is get the word out there
that we're in the process now due to this global effort to bridge the use of a vaccine with treatments, we may be effectively able to get our arms around this and stop what has been
one of the biggest global crises of our time.
I'm not talking about the risk level of the virus or anything else.
I'm not gauging your health.
I'm saying the crisis now is real.
Regardless of what the data shows later on about the fatality rate
and the contagiousness level,
the R0 of the virus or not.
It is now bled over into the job market,
the financial market,
international relations.
It's now real.
We now need to stem the flow
of negative information
with some positive stuff
so we again,
we can get back to some sense
of risk assessment here
and normalcy in our lives before the domino effect gets even worse.
We needed that.
Showing you again why, again, the response hasn't been perfect.
Everybody will acknowledge that it never is in a crisis.
If it was, we wouldn't have a crisis.
Of course.
The essence of emergencies that are unexpected and information flow in the beginning is typically
poor, not helped at all, Joe, by the fact that China hid some of the information, as
I discussed yesterday on the show and the WHO, the World Health Organization, which
I'll show you in a little bit to.
Tweeted out some information that was inaccurate as well.
So, you know, putting this all in the lap of Donald Trump and go,
oh my gosh, the early stage response wasn't perfect,
despite the fact that the information was not only imperfect,
but in fact wrong from a lot of these global, quote, experts is asinine.
But showing you again what Trump has had to deal with, President Trump,
in the fight against this virus, here's an article in the Wall Street Journal.
Something I have talked about for years. If you go back and listen to early campaign speeches I did when I was running
for Senate in Maryland, this is not new. I'm not a Johnny come lately on this. Thomas Burton,
Wall Street Journal, Trump sought to expand virus drug testing over FDA objections is a real piece.
Plan would have expanded the use of investigational drugs for coronavirus, FDA officials said,
but FDA officials said the plan would pose a risk to patients.
Folks, the FDA is an out-of-control bureaucracy.
They do two things now and they should be doing one.
Right now, they're in charge of the safety of a drug
and the efficacy of a drug.
I get it.
We should have some national consensus on the safe use of drugs. and the efficacy of a drug. I get it. We should have some national
consensus on the safe use of drugs. We don't want another disaster like we had with thalidomide.
But efficacy, we'll leave that up to doctors. In other words, Joe, once the FDA has determined
a drug is generally safe, why is it up to them to determine the efficacy? Let the doctors determine that.
And they see it firsthand.
Yeah.
No, I'm serious, right?
I mean, pretty common sense.
If a doctor thinks an off-label use for a drug is going to work and it's having positive
results, then why are the FDA bureaucrats getting involved?
Trump has said, and this article is terrific.
He's made a simple point.
Listen, if this drug is safe and some doctor or intelligent researcher working with a medical
staff thinks some drug, a malaria drug like hydroxychloroquine will have an effect on
corona and it's safe, then let them do their thing.
The patient has to consent.
This isn't, you know, we're not going to be doing medical experiments on people without their permission.
But again, Trump is dealing, President Trump is dealing with an entrenched bureaucracy.
The media, of course, wants to cover for all that.
Why, Joe?
Because they love the entrenched bureaucracy because they're liberals.
That's what they do.
They love the state, state power.
They hate individualism and individual choice.
That's why the media outside of the
journal and others will generally avoid these types of stories. Oh, you didn't hear about that?
Trump's been fighting with the FDA to get drugs out there? No, of course you didn't hear about
that, but you'll hear about it here. All right. I want to cover other news. There's other stuff
going on. We'll get back to, of course, we have our daily fake news propaganda alert update.
stuff going i will get back to of course we have our daily fake news propaganda alert update always today's uh portion of the show what'll it be the the d block if we're in tv terms
they go by letters the d block of today's show yes it's extensive uh extensively populated with
media stupidity talking heads humiliating themselves on the air before we get to that
i want to get to some other stuff because there are other things going on. The left, of course, Joe, never let a crisis go to waste.
You know how they are.
Eric Holder and others,
former Obama administration attorney general,
in the midst of the primary season,
is out there advancing with Stacey Abrams,
losing gubernatorial candidate from Georgia,
is out there advancing this perpetual liberal myth
that Republicans are engaged in active voter suppression.
Don't let you, listen, they never, ever.
Crises, whatever they say, you know,
the beatings will continue until morale improves.
They don't care.
Yes.
Doesn't matter.
Call Rove as a piece up in the Wall Street Journal.
It's a good one.
It's worth your time if you're a subscriber there.
Talking about how, yes,
they are now trying again
to raise money on the fantasy
that Democrats are suppressing the vote.
Quote, Karl Rove, headline,
the voter suppression smear is back,
but local Democratic Party officials
are to blame for long rates
in recent primaries.
What happened?
What's the story?
The Texas primary, folks,
there was a gentleman apparently in Texas
who had to wait upwards of five to six hours to vote.
So of course, Eric Holder and Stacey Abrams
taking advantage of a situation
and stupid people who don't do their research.
Oh my gosh.
This man happened to be a minority.
This was definitely voter suppression.
Definitely.
And look, Texas is run by Republicans.
You ever notice that when you ask someone from Texas where they're from?
They say, Texas.
Oh, yeah.
Texas.
I love that.
Texas is run by Republicans.
So, of course, Eric Holder, noted political hack.
Destroyer of common sense everywhere he goes. Definitely voter suppression. Little bit of a problem as Karl Rove indicates in
the piece. Of course, when you actually do your homework on it, which Eric Holder expects you
won't do because if you're a liberal, homework isn't really your thing. You just accept liberal
talking points, even though all of them are false because you like being lied to if you're a liberal, homework isn't really your thing. You just accept liberal talking points, even though all of them are false because you like being lied to or
you're a liar yourself. When we dig into the story, we find that this happened in Harris County.
Well, why does that matter? Well, because the Harris County clerk and their election officer,
Diane Troutman, are Democrats and they were in charge of Super Tuesday's vote. Wait, wait, wait.
Hold on.
Keep that up for a second.
So you're telling me where this guy was kept from voting allegedly for six hours that it
was run by two Democrats?
That was kind of left out of Eric Holder's email, which is more hysterical because this
lady, this Democrat ran for office promising to consolidate voting locations so people
could cast ballots at, quote, countywide voting centers
rather than at their precincts. So the Democrat lady caused the chaos. Again, left that at Eric
Holder's email. Democrat Ms. Troutman's staff, this is unbelievable. She gave Republicans and
Democrats the same number of machines at Texas Southern, though any rookie would know that that
site would have a much larger Democrat primary than Republicans.
I'm going to add Democrat.
Ms. Troutman could also have listened to GOP officials who urged her that machines be allocated to locations based on historical turnout.
Kind of common sense.
No, Joe.
Maybe we should put the voting machines show where people vote.
Instead, she overruled them.
Again, Democrat.
Ms. Troutman conveniently left out of lying Eric
Holder's email. Oh, one more. It turns out that Mr. Rogers, the voter who had to wait six hours,
was ineligible to vote. He's a felon on parole. And under Texas law, he was not allowed to register
until he completes his sentence in mid-June. Apparently, the Democratic tax assessor and collector and voter registrar didn't check the county's records
while he was trying to vote when he signed up. Again, don't let these facts and data,
ladies and gentlemen, if you're a liberal, get in the way of your litany of stupid,
dopey narratives you expect us all to believe like we're suckers, like your liberal base who
falls for this crap all the time.
He's forced to wait for six hours.
He wasn't eligible to vote.
Doesn't matter.
Doesn't matter.
Voter suppression by Republicans.
The counties run by Democrats who made the voter booth allocation decision.
Doesn't matter.
Doesn't matter.
Definitely GOP voter suppression.
No doubt.
Do you realize how dumb you have to be to be a liberal?
You are on the wrong side of every single, I'm not kidding.
Every single issue.
I cannot think of a single issue.
Anything you say makes sense on anything.
Anything.
We need socialist medicine, man.
Look at this Corona.
This is great. It started in a
communist country. You morons. This epidemic is out of control right now in a country that has
nationalized healthcare. Are you not following the news or are you following it? And too stupid
to process the bits coming your way. There's no option C here.
Oh my gosh.
Again, they're hoping in the midst of this crisis,
Eric Holder and Stacey Abrams
and other liars,
they're hoping that they can
get these myths out there
and nobody will fact check them
because there's a lot going on
with Corona.
No, no, not on this show.
We're not doing 24-hour Corona here.
We're not doing it
because there's other things going on.
Economic repercussions. I got a school choice. I'm telling you, this video i'm going to show you later it's going to blow your
mind it's so unbelievable i don't even want to tease anymore because i don't want to oversell
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All right, getting back to our fake news.
I have to add a section.
Fake news slash media propagandaler.
Ladies and gentlemen, let me just,
before we get to our fake news segment of the day,
let me reiterate something I've said often on the show.
I am an avid, firm supporter of our First Amendment
and the freedom of the press.
I mean, outside of criminality, obviously.
Right, right.
Can't threaten people. No exceptions, full of criminality, obviously. Right, right. Can't threaten people.
No exceptions, full stop, period.
There's no but there.
Having said that, freedom of the press, as I always say,
gives them the freedom to be stupid.
And do they have to take us up on the offer every single time?
The answer is yes, they do.
Our media in this country, I'm sorry, is totally useless.
It's not just that they engage again in misfeasance. They
engage in malfeasance. Misfeasance, lady trips on the sidewalk, you walk past her, you don't help
her out. Misfeasance, you didn't do the right thing when you could have. Malfeasance, she goes
to get up and you deck her. That's malfeasance. You're actively hurting this person as they're
trying to get up. The media is actively hurting us right now, some of them, by promoting propaganda and literally fake news.
News that's fake.
We're going to cover this every day
because you're being inundated
with inanities
and bull you can figure out the rest.
Let's go to number one.
NBC News' hilariously stupid Richard Engel
who wants this to be called now.
I know this is not fun.
I can't help it.
He wants it to be called the bat virus.
The dark knight returns, the bat virus.
He wants it to be called the bat virus.
Like it's like the George Clooney version of Batman.
Bat virus.
Bat virus.
Remember that? Remember the batman show with adam west he wants it to be called bat fire this is folks this is not i'm not manipulating this because this is real
of course as i said to you yesterday china is desperate for us not to get they're hiding
something they're hiding that they destroyed evidence on the virus and they hid from the
world how contagious it was
when they unleashed this plague on us.
So despite the fact that many viruses,
West Nile, Lyme, Ebola, Ebola Zaire,
many of these viruses are named Zika
from the regions they came from.
China wants to change hundreds of years of convention,
or maybe decades, I should say, to be fair,
of convention on virus naming,
because they don't want you to know
this virus came from Wuhan, China.
I'll explain why this is important,
because let me just, one thing I brought up yesterday,
I want to bring up today, before I get to Engel,
I don't mean to be overly verbose about this,
but it's important.
I'm getting a lot of tweets and stuff.
Some people are like,
should we really be concentrating on this right now?
This is what we call it.
Yes.
I will explain to you why at the end of this segment.
It is important.
This is not some secondary tertiary argument, unrelated.
Ladies and gentlemen, I'll get to more of it.
It's important.
But this is important.
It's a huge fight.
Huge.
First, let's play NBC's resident toolbox, Richard Engel, who wants it called the bat virus.
Check this out.
It's easy to scapegoat people.
And that is what has always happened when there have been pandemics or epidemics that foreigners are are attacked.
Foreigners sometimes physically attacked. If you look at what happened during the Middle Ages, there was lots and lots
of scapegoating against an ethnic group or a religious group whenever there were pandemics
that affected the society and frightened a lot of people. And China certainly feels that is what
happened, what is happening now with people calling it the Wuhan flu or the Wuhan virus or the China
virus. This is a virus that came from the territory of China,
but came from bats.
This is a bat virus, not a China virus.
It doesn't speak Chinese.
It doesn't target Chinese people.
It targets human beings who happen to touch their eyes, nose, or mouth.
We need a camera on you.
Even Paul is like, you believe this?
This is actual commentary on nbc
news well number one ladies and gentlemen people have been attacked throughout human history
because of racism and stereotyping for all kinds of stupid reasons i don't recall residents of
lyme connecticut named the you know lyme disease spread by. I don't recall a mass violence episode in Lyme, Connecticut
against the residents of Lyme, Connecticut after Lyme was named Lyme disease.
I don't recall that.
I'm not sure either that he says, you know, calling it the Wuhan China virus.
It doesn't speak Chinese.
What?
The virus doesn't speak, you tool bag. Are you unaware of this? Do you think it has
vocal cords? Did the Spanish flu speak Spanish? This is real commentary. Do you understand?
China's behind all of this? Yeah. Folks, I'm not kidding when I say this.
I don't know Richard Engel, and I don't know his situation.
Remove him from this for a moment.
Are journalists out there being paid under the table?
I'm not kidding. I don't have any other explanation as to why a concentration camp running regime like communist China that just unleashed a plague on the world
would be the subject of praise almost by media figures advancing their propaganda.
I have no reasonable explanation for you. Is it to dunk on Trump? Is it because they hate us so
much they prefer the Chinese over? I'm not kidding.
I don't have a reasonable explanation. Are they being paid? Is it a money thing?
I don't know. I don't know. Is it the sponsorship deals they have? I don't know what it is.
I don't know what it is.
Again, propaganda fake news segment.
Here's the WHO, who has also kind of suggested,
don't call the China Wuhan coronavirus the Wuhan coronavirus, God forbid.
Here's the WHO.
They're a bevy of great information, Joe.
You know, the WHO, International Bureaucracy, they're terrific.
They tweeted this gem out a little while ago. Please, ladies and gentlemen, do not take
the WHO's advice here.
This was January 14th of 2020.
Preliminary
investigations conducted by Chinese
authorities. We can stop right there, folks.
Sheesh. But moving
on, they have found no clear evidence
of human-to-human transmission
of the novel coronavirus
identified in wuhan china
what folks that is entirely inaccurate please understand that i was i'm not kidding i was a
little hesitant to even put up the who stupid tweet on the show afraid people would stop the
show here and think that's accurate now you're wondering why the Chinese don't want us calling it
the Wuhan China coronavirus?
Maybe because China was ground zero for a disinformation propaganda campaign,
including stupid information like it can't be transmitted human to human.
No, it can.
That is 100% certain.
And now do you get why these media tool bags,
because they have to dunk on Trump all the time. They don't care about Zika, West Nile,
Rocky mountain spotted fever, Lyme disease, Spanish flu that never bothered them until Trump was president ever. They are desperate to hide the fact that this came from China for the Chinese because the Chinese are hiding devastating information.
Here's a good news.
I'm trying to do good news, bad news.
Here is the great Kellyanne Conway.
We just really enjoy her commentary here.
Kellyanne Conway.
We just really enjoy her commentary here.
Here is Kellyanne on the, looks like she's near East Executive Avenue in the White House complex.
She's asked by a reporter about some alleged comments in the White House where someone called it the Kung Flu or something like that.
Some dopey name or something. But the reporter's unwilling to say who said it.
And is unwilling to produce evidence that someone said that to her.
So Kellyanne is like, okay, it's kind of dumb to say that.
Granted, that doesn't help.
Chinese coronavirus helps because then we know it came from China.
Kung flu, this is dumb.
We shouldn't be saying stuff like that. It's just stupid.
Seriously.
It's not helpful.
Here's the problem.
This lady's totally unwilling this reporter to
tell kellyanne who said it or to produce any evidence anybody said it so kellyanne's like
okay we're really focusing this over let's tell us who said it we'll take care of it right now
watch this exchange this is priceless they are but hold on you can't just say that and not name
them tell us who it was come up here and tell us who it was i'd like to know because i'll go inside
what is your message though staff no i like to know rather than excuse me excuse me that's been alleged no you mean
excuse me is that wrong is it yamish i'm not dealing in hypotheticals of course it's wrong
but you can't just make an accusation and not tell us who it is who is it come and tell us
it's wrong yamish if you want to argue i'm going to argue about standing away from each other and
washing our hands and everything but just tell us it is. You're telling those staffers, of course it's wrong to use the word.
Tell us.
I think we are.
I think you understand how these conversations go.
No, I don't know.
I don't know how these conversations go.
And that's highly offensive.
So you should tell us all who it is.
I'd like to know who it is.
I'm not going to engage in hypotheticals.
Simple question.
Kellyanne's giving her the solution right there, Joe.
It's offensive.
Kellyanne Conway's husband happens to be Asian, by the way.
She's like, we'll go in there right now and take care of it.
Yeah.
Joe, sound fair?
Sounds fair.
Someone said something stupid?
It is.
It's dumb.
Let's go in and take care of it.
No, no.
You know how these conversations go.
I don't want to name it.
That's a problem.
We know how these conversations go. Yeah. Yeah. Yeah. We's a problem we know how these conversations go yeah yeah yeah but yeah we know too we know how they don't go to did you say it or not let's fix it right now everybody wants to handle it
tell us who it is out this person and we'll take care of it granted not helpful she doesn't want
to do it just wants to argue on right off the exact avenue of kelly and conway because and
yamisha whatever her, the one who asked
another, she was one of the ones yesterday, why are
we calling it the China coronavirus?
She wasted her question at the press conference, because it's
coronavirus from China. Are you too stupid
to figure that out?
Unbelievable. Now again, the left
wing media's new talking point.
Again, I'm going to end this as to why
is it, because you may say to yourself now too, fairly
enough, why are we wasting time on this?
No, no, no, no, no.
You're making a big mistake if you just think this is some naming issue in the middle of
a crisis.
No, I'm going to get to that.
Don't go anywhere.
Showing you what frauds these people are.
Here is the left-leaning Vox with a V, not Fox with an F, Vox.
Vox has been out there, too.
You're a racist if you call this the Wuhan coronavirus.
Oh, really?
Here are three headlines.
Three from Vox with a V.
I get they must be racist, Joe.
Here's headline number one.
China's unprecedented quarantine to control the Wuhan coronavirus.
Racist.
Okay.
Definitely.
100% racist. Absolutely racist. Okay. Definitely. 100%. Racist.
Absolutely racist. Here's another one.
A tweet. People searching for information about
the Wuhan coronavirus outbreak.
Racist. Oh my God. Double
racist. Number three.
An estimated one million Muslims
are being held in camps for forced indoctrination
in China's northwestern province
of Xinjiang. Experts say
if the Wuhan coronavirus
ends up there, it could spread from person
to person all too easily.
Definitely, definitely racist
on that one. That's a triple
racist trifecta. Someone
needs to be fired at Vox. Clearly.
Today. Yeah.
Yeah, bro. You don't want racists on your staff.
Vox is a far-left liberal rag full
of radicals. How can you have these racists on your staff?
Fire them today for such poor judgment.
They won't, of course.
This is all stupid.
They're making this up.
It's a dunk on Trump episode.
That's all it is.
Trump's having none of it, however.
Again, good news, bad news.
I tweeted at him yesterday, Mr. President,
don't stop calling it the Chinese coronavirus. We stop now. I'm telling you right now, free speech,
throw it right out the window. I am not kidding. Here is the President of the United States
yesterday, right next to the Oval Office, talking to the press. I want you to pay particular
attention to how he refers to this deadly plague unleashed upon us.
Check this out.
We're using the full power of government in response to the Chinese virus.
I declare the state of national emergency that will make up to $50 billion in disaster relief funds available.
He gets it.
You know, it's not always peaches and cream with me and politicians.
Anyone. President or anyone
else. It's not.
A lot of times
I have ups and downs or things I agree with. Sometimes
I don't.
I was talking to Paula last night and I'm like,
it's moments like that where I realize this is
the right guy in charge.
It is.
It is. I mean, really,
I don't worship any politician.
It's not my thing.
I don't golden calf anyone.
But I'm telling you,
I can't think of another
Republican politician right now
in that position
off the top of my head
who probably wouldn't have folded
under the pressure by China
and liberal media propagandist Pravda artists over
here to fold and to not call it the Chinese virus. Now, one last video is some good news too. Here's
the hero we all needed today. There's a guy on CNBC I've never heard of in my life, but he is
today's hero of the day. You have a little trophy we can put up? Hero of the day. He's on CNBC and talking about stocks
and finances and stuff.
And the Pravda-like, again,
host of the show,
in an effort to spread
Chinese propaganda,
he goes,
ah, we're not going to call it
the Chinese coronavirus,
although it's a coronavirus
from China.
We're not going to do that here.
This guy, whoever he is,
I'm sorry,
this guy's having none of this stuff.
Check this out.
I think the one that we do need to do, too, though, is just let's just call it COVID-19,
not Wuhan or China or coronavirus. Let's call it the COVID-19, Kyle. I think that'll bring us all
together. Can we do that? Come up with a common name? You know what, Brian, I'll agree with you
on a lot of things, but changing the naming convention for viruses that's gone on for the last 100 years,
the point of origin has always helped people understand which virus it is.
And the Chinese Communist Party has asked the world or actually really propagandized the world with this COVID-19.
If we start naming diseases after numbers, we're never going to remember what kind of disease it is.
I understand. I just I want to make sure we don't make it.
We don't take it to a country level. You know what I mean?
Because this is a global fight. You would agree with that, right?
You know, we call things
West Nile virus. Why don't we call it the
Wuhan flu? You know, we can call it
whatever we want to call it. I'm not going to call it what
the Chinese government wants me to call it.
Direct hit. Yeah, direct hit.
Kyle Bass, whoever you are, I've never met met you you are the hero we all needed today i'm not for you hear him i'm not playing this chinese propaganda game forget it you call it
whatever you want it's the chinese coronavirus i'm not playing your games good job takes a lot
of cajones to do that now i, I said I'd explain to you why this
is important, because fair enough, a lot of people are getting it, but some
I don't mean that as a knock, because there's a lot of things going. It is a crisis. And some people, fairly enough,
a couple emails, a couple tweets said, you know, why are we wasting time on this? Let's
just let it go. No, no, no, no, no, no, no, no.
Folks, I'm being dead serious. I know we interject
the show with sarcasm and humor sometimes to kind of break the dour mood these days.
We'll recover from this virus. I opened up the show by telling you we already have potential
treatments early, but potential treatments that could be life-changing for people infected with
this. Literally life-changing.
There are already vaccines in development.
We will get through this.
The world has been through pandemics before.
This is not the first time, and sadly, it's certainly not the last.
We've learned a lot about ourselves here.
Folks, not all of it good.
We're human beings.
We're all sinners.
We were not as resilient, not you in my audience, but collectively, as I thought we'd be during this.
We can do better.
But we always do better.
We always learn from these things.
Always.
We've come out of world wars, regional wars.
We've learned a lot about ourselves, too too we've seen incredible heroism in those wars
there have been some mistakes financial mistakes hopefully we learn from them too
hopefully we learn from this one but i think what's different about the united states
and the people who were born here and who come here is there's a different fighting spirit.
There's a reason you want to be here and escape from countries where there's big nanny states.
You don't want to be taken care of. You want to take care of yourself. We've had that,
quote, rugged individualism. We'll get through this.
We will definitely kick this virus's ass long term if it had one,
but we can never recover, ever.
This country, as you know, will be permanently scarred and changed if we allow a foreign,
tyrannical, communist government that through massive amounts of misinformation and malfeasance
inflicted a plague upon the world to change the way all of us freely speak, as we always had for decades,
about pathogens, because they want it done. It will change the media. It will change free speech.
It will change it. Free speech, ladies and gentlemen, is not free. If it's coerced by
people with money and interest, it doesn't matter if the First Amendment changes or not. The Constitution, ladies and gentlemen,
and the First Amendment, I'm sorry, it's a piece of parchment that only matters if we believe it
matters. You can say we have the right to free speech all you want, but if we allow Chinese
propaganda and moneyed influence in China and worldwide tyrannical influence in China to
change the way we speak permanently because they wanted to avoid any accountability for the plague
they unleashed upon the world. It is over. The First Amendment is meaningless. It is worthless.
It is not a right if we don't believe it's a right.
I don't waste my time on social media, on Twitter, Parler, Facebook.
I don't.
When I tweet about, so you'll see if you follow me on Twitter and Parler, you'll see it comes in clusters.
I'm at D. Bongino.
I have not stopped tweeting about this for three days. Because there's a bigger fight out there.
We will get through this.
We're doing everything we can.
We will not get through this if we allow our media to be bribed or bought off by a foreign government that is clearly not our friend.
There will be no other side to this.
It's a huge fight.
It's not about a name.
It's about are we a free country now or not?
Or are we stuck in China's back pocket forever?
That's what this is about.
And that's why I spent the last three days tweeting about the Wuhan coronavirus.
Don't even answer racism.
It's racist.
China's not a race.
It's a country, you morons.
These liberal idiots.
This has nothing to do with the Chinese people.
They were the biggest victims in Wuhan.
It's their tyrannical government and everybody knows it.
It's a bigger fight. It's not about a name.
It is about what this country stands for. And is free speech just a line in our founding documents or does it actually matter and is it worth defending? We will not be silenced on this show.
Had a conversation with a guy from the gym
yesterday. I told him the same thing. I don't care. Listen, you have my word. We will not be
silenced here, no matter what. All right. I've got some more to get through. Some economic news.
It's important because this should have been a wake-up call to big government spenders. I want
to talk about some things that could happen here, some good news, bad news.
It's going to require some guts in D.C.,
but this is going to be an important segment.
Stay tuned.
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stuff it's terrific all right so the economy yeah we're not going to do corona 24 7 get that
hysteria on cnn or msnbc if you're into fake news but the economy has become a
significant fallout factor from what's happened with this pathogen.
A couple of things here.
There will be economic papers written about the response to this pandemic for probably 10 years.
All you economists out there know that.
all you economists out there know that after the financial crisis of 2008 books and papers were written in mounds as high as i mean miles high you're going to see that about this we are
going to test a lot of things ladies and gentlemen what i'm worried about is we may be at the red
line into a very dangerous spot when it comes to government debt and we may not even know it
and like any other emergency health or financial it's only an emergency, Joe, because it kicks you in the
cajones when you didn't see it coming. If you saw it coming, it wouldn't be an emergency.
Kind of like the housing crisis where everybody one day was whistling Dixie,
and the next day Bear Stearns was going under. If everybody would have saw that coming,
they would have sold their stocks, but they didn't. That's why it was an emergency.
Unfortunately, that's what's going to happen with our debt crisis if we don't do something fast.
Interesting piece by the Wall Street Journal.
It's written, it's in the news section.
It's not in the opinion section, but it's written with kind of a leftist slant, but it's all right.
It's still worth reading.
Wall Street Journal, coronavirus pandemic to test the limits of how much debt the United States can bear.
Ladies and gentlemen, this is a key question.
Federal Reserve has a capacity to buy a massive amount of bonds if investors balk.
What they're basically saying is, folks, when does it stop? I don't know any other way to, when does it stop?
And when does the United States spending money it doesn't have, what debt is.
If you spend money you don't have, it has to be lent to you.
People are buying US bonds, giving the United States government money, both domestically
and foreign governments.
The United States is spending it.
It owes those people money.
How much can you spend that you don't have
before your entire house collapses? Again, it's not difficult to understand on the micro level.
There comes a point where individuals who've taken on so much debt declare bankruptcy. Why?
What typically happens? They lose the ability to pay it back. When they lose the ability to
pay it back, interest charges starting adding up. Sooner or later, the interest is more than you can pay every month. So what happens? The
interest you don't pay gets piled into the principal, which leads to more interest you
can't pay, which leads to a spiraling out of control of your debt. And remember, don't ever
forget, all debts are paid. Don't be a liberal here like some of our liberalists who don't
understand that. All debts are paid. As Milton Friedman would say, either by the debtor or the creditor.
Either the person taking the loan pays the debt back and pays it, or the person who lent you money and never gets it back paid the loan.
They gave you the money.
It's gone.
They never got it back.
All debts are paid.
All.
No debt is canceled.
Ever.
The question now, how much debt can we take on? And if we are reaching the red zone and we don't know it, like we didn't know we were reaching the housing crisis
red zone either, when does that day come? From that piece, I've warned you about interest rates,
how interest rates will be that sign. The problem is interest rates jump quickly,
and once they jump, it's hard to get them under control again.
Quote, talking about all this government debt we're piling on right now. However, there is a
risk. Bond investors could revolt against the sheer scale of bond issuances from the treasury
that's about to hit the market and demand higher yields on those bonds in return. That would mean, I'm going to translate this for you in a minute.
That would mean higher interest costs for the government and for many other kinds of
borrowing benchmarks, the treasury securities, mortgages, car loans, business loans.
Economists call it crowding out when government borrowing hurts the private sector.
Bingo.
You read the term bond vigilantes and things like that ladies and gentlemen people who hold bonds
are the people lending the government money to spend it doesn't have could be you you buy a
government bond you're lending the government money could be foreign investors institutional
investors retail investors you are lending the government money at what point as this article
accurately states do people investing in those bonds,
expecting to get their money back, all debts are paid. At what point do they say,
they're never going to pay this back and start to panic? Then what do they do?
They try to sell their bonds quick, which floods the markets with bonds,
which all of a sudden you see prices and yields move in different directions, either totally collapses the prices of these bonds.
Yields go through the roof. Why? Because the government now was lending money at say 1%.
Excuse me, it was borrowing money at 1% from people. You're lending it to them. Joe,
stop me if it doesn't make sense. All of a sudden when people start to panic and realize they're not going to get their money back, they're like, no, no, 1% isn people. You're lending it to them. Joe, stop me if it doesn't make sense. All of a sudden, when people start to panic
and realize they're not going
to get their money back,
they're like, no, no,
1% isn't good enough anymore.
This is too risky.
I want 5%.
And then the other guy panics
and goes, 5?
No, no, I want 10.
Right.
And then the other guy goes,
no, that's not, I want 15.
Now, all of a sudden,
the government's borrowing money
at 15%.
It can't possibly pay back
at those interest rates.
Do you have any idea what $23 trillion looks like at 15% interest?
Oh, oh.
Oh, he's right.
Do you have any idea what would happen?
All of this is about to be tested.
Folks, this is real trouble.
What's the secondary problem for you? Not only
will your government go broke, there are benchmark loans that are benchmarked to certain treasury
securities, treasury-denominated assets, mortgages, car loans, business loans, et cetera.
If the federal government's interest rate, forget 15, that's a dramatic example,
say we're to go to 8% to 9% from the one percent it is now on the 10 year 10 year note you want to borrow
a car at uh 10 interest you want to borrow get a mortgage loan at 10 joe remember those days in
the 80s when mortgages were 10 plus no i sure do it wasn't fun what it yeah people are coming in
going what monthly payment can i afford? I can afford $500.
Really?
Because 496 of that's going to be interest.
How does that sound for you?
Those days were real.
So for our younger listeners who I love having on the show in college now, go back and look
at mortgage rates in the 80s.
You grew up in the 3%, 4% mortgage era.
That wasn't the 80s.
My aunt got a mortgage at, what is it the 3%, 4% mortgage era. That wasn't the 80s. My aunt got a mortgage at,
what is it, 14%, 15%? Yeah. Yeah. Sounds about right. Yeah.
Would crush our economy. That's going to happen when investors start to wake up that the government has a certain red line of debt where the investors start to feel they're not going to get paid back. The only question here
is what number is that red line?
And when it hits,
none of us are going to see it coming.
1%, 2%, 5%, 10%.
That's how it happens.
Like that.
In a snap.
Now, you would think
this would be a wake-up call
for big government spenders in both the
Republican and Democrat party, because they're in both parties, sadly.
To say what?
As I tweeted out yesterday, you would think they would say now, listen, we're in real
financial trouble.
This is going to be a massive bailout package for the American economy to offset the debt
load we're going to take on that could lead to catastrophe,
interest rates and elsewhere. If bond investors start to say, no, we're not lending anymore,
we are going to dramatically cut spending and we're going to do it in the next budget.
That would send a signal to those bond investors that the U.S. government is serious about getting
a hand on the debt. Nobody's interested in doing that because they're not serious people,
a lot of them, who don't understand even basic economics.
They won't do it.
They are going to spend you up to the red line,
and the only thing that's going to stop them
is when people stop lending them money demanding 10% interest.
You'd think this would be a wake-up call
to not overspend when good times are happening.
Folks, you know what kind of slush fund
we could have put together
in these past few years of good economic growth?
And under the recoveries in the Bush year,
even under the dreadful recovery in the Obama year,
the worst in American history,
we still recovered.
It was less than 2%, but we did.
Do you know how much money we could have squirreled away
if we would have simply reformed their spending processes?
We didn't.
Now we have nothing.
Interesting article in the journal.
It's a proposal from John Cochran, who does great work.
Talking about how, listen, there are other proposals out that it could make sense.
We can't just keep throwing out money like this
without any sense of what the end result's
going to be.
John Cochran, how to treat the financial symptoms of COVID-19.
Goes on.
Takeaway number one, we need to make a lot of this stuff loans, folks.
We just don't have the money.
It's not going to help these businesses if we start spending trillions of dollars we
don't have and they can't get loans later on.
He says money troubles spread like a virus. When a business can't pay its creditors, employees, investors,
and banks are all in trouble. And if people worry the banks and other institutions are going to fail,
they run to get money out. And then we have a legitimate crisis, a real crisis, financial,
not health. If a wave of businesses fail, those businesses aren't around to turn back on again.
People who are fired need to find new jobs.
Bankrupt businesses need to reorganize and find new owners, managers, and employees.
Businesses that can reopen must find suppliers, and everyone needs credit.
All this takes time and resources and drags down the economy.
I'm not saying any of this is inevitable.
I'm not saying the government has a perfect solution right now.
I'm suggesting to you that whatever we do right now
should be matched by concrete legislation in the future,
put down on paper in a promise to the American people
to cut this spending later.
Government spending.
Here's this part about the loans and liquidity. Right now,
ladies and gentlemen, there's a liquidity crisis, meaning people can't get access to
cash they need in businesses. No question. But he says lending is better than transfers.
Since loans must be paid back, larger amounts can go where they're needed.
Small business administration loans are a good start, but most businesses and most employment
is large business.
Large firms are often even more cash poor and it hocked to nervous creditors and they're harder to replace or revive if they fail.
Lend with the head, not with the heart.
People might seem more worthy than corporations, but we need corporations to hire people when it's over.
We need to protect your job.
We can work on programs for the individuals as well.
Payroll taxes, tax credits in advance.
I have no issue with that.
It may be a good idea right now.
This is not a crisis we imposed upon ourselves.
It was imposed upon us.
I have no issue with that.
But falling into partisan talking points
based on stupid economics.
Liberals are pumping out.
They're like, this isn't a bailout for corporations.
Where do you think these people work?
You liberal knuckleheads.
You want everybody to lose their jobs?
I have my own corporation.
We work for a business corporation.
So evil.
You want to lay off all the Ford employees?
We got Ford a a corporation we really
stuck it to them what are you an idiot those gas companies get to get them out of business
pharmaceutical they're all evil you want to fire you know half the american workforce
because of your stupid talking points
oh my gosh the insanity out there is crazy all right i'm running out of time
i gotta move on here i am i know i had some other stuff but i'll have to get to it tomorrow uh
quick tds update trump derangement syndrome level six i may have to add a level seven
here is the um i don't even know how to describe this guy. Ever ridiculous Rick Wilson, you know,
probably the worst political commentator in the history of Max Headroom,
like talking heads on cable news.
Rick Wilson thought it was real funny to tweet out yesterday.
Check this little gem out from the dreadful body odor carrying Rick Wilson.
Picture Melania Trump on CNN uh he tweets hashtag be infected um yeah okay rick uh that's geez now again i i yeah but that's who rick is
you know i told you the story a couple times i i just i'm sorry it's like one of those
transformative moments you know when i was in graduate school for psychology,
you know, one trial learning
is almost unheard of in human beings.
You know, one trial learning is like,
if you learn to hit a baseball, Joe,
can you learn how to hit a baseball
like a major leaguer in one swing?
No, one trial learning is almost unheard of.
You don't learn a math problem in one swing.
You don't get one trial.
There's one thing in nature that is really bizarre um taste aversion
we can learn that in one trial it's a defensive mechanism to stay alive in other words if you
taste something that gets you sick this happened to me when i was a kid i ate a piece of awful bad
cheese i might be i never ate cheddar cheese again not a joke your brain learns in one trial
in many cases of eating food that poisons you, to never touch that food again.
It's a natural selection mechanism.
Right.
But that doesn't happen anywhere else.
You don't learn to do a podcast in one episode.
Why do I bring that up in reference to Rick Wilson?
Because I learned to avoid Rick Wilson in one trial.
When I ran into him in the Delta terminal in LaGuardia about four or five months ago, and his body odor was so bad.
I'm not messing.
It's not a joke.
This guy had a cloud of BO around him that I couldn't.
It was really tough to take.
I'm just throwing that out there.
Rick thinks I'm obsessed with it.
It was.
It was so bad.
I can't get the corpse-like stench out of him.
I learned it in one trial.
I will be avoiding Rick and his bubble anytime I see him in the future
because it really was dreadful.
But that's who, it's not a joke.
That's who Rick Wilson is.
He's like that character from the Peanuts.
What was that?
What was the smelly guy?
Pigpen.
Yeah.
There you go, that dude.
That's right.
All right, last story.
I told you I'd get to this video.
It's important.
Where is it?
We have, oh, here we go.
So folks, you know, school choice is a big deal for me.
Always.
It's always been a big deal.
Why?
Because I'm a de facto product of it.
My family didn't have a lot of money.
Local Catholic school took us on.
We didn't pay all the time.
Sometimes we did.
Sometimes we didn't.
But really, I can speak the English language.
And I believe I've been a success, relatively
speaking, I guess.
I don't want to gauge itself praise, but because of teachers, great teachers and people who
taught me in good schools, because I had a choice.
And I wish that on others as well.
It's been a big issue for me in a long time.
But I have never seen a short piece of video so sum up biased identity politics laden class
warfare liberals.
Yeah, let's not, that's liberals.
Liberals fight against school choice better than this 10, 15 seconds of video where this
woman who apparently doesn't like school choice, listen to what she says about poor people.
This is really hard to believe.
This is, by the way, a hat tip.
Who is it?
Corey? I'm sorry. I forgot. I'll really hard to believe. This is, by the way, a hat tip. Who is it? Corey?
I'm sorry. I forgot. I'll put it out tomorrow. I saw it on Twitter and this is just worth your
time. I don't know this woman and I'm not impugning her character or anything. I'm just
suggesting that this is really endemic of a real problem if you actually believe this. Check this
out. I'm troubled by the lack of oversight. I'm trying to figure out how the outcomes will be
measured and what controls are in place for spending public money.
I think everybody knows, everybody in this room knows what happens when poor people are given a choice.
And I think that this bill is, I think it's a bad idea.
Listen, she may be a very nice woman.
I'm serious.
I'm not looking to, like, make someone an infamous viral star, nor should anybody do that or target anyone.
She may have just said something dumb.
But folks, I've heard commentary like that when I was hosting a terrestrial radio show
and school choice came up over and over.
Well, we can't give them, well, them, who's them?
It's us.
It's not them.
What do you mean them?
Like it's an alien species?
Can't give them school choice.
We all know what's going to happen to poor people if you give them a choice.
No, we don't.
Please explain.
We were poor.
Worked out pretty good for me.
Really bad.
I mean, unfortunately, that's how liberals think.
Hey, thanks for everyone who watched my YouTube yesterday.
YouTube did really well.
I think you liked the ending.
Me and Paula playing up on Joe Biden's failure to get off the stage.
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