The Dan Bongino Show - They Can’t Keep Track of Their Own Lies # 979 (Ep 979)

Episode Date: May 14, 2019

In this episode I address the revealing comments last night by former congressman Trey Gowdy on Hannity. I also address the appointment of John Durham to investigate Spygate. Finally, I address the Ch...ina tariffs and the positive effects of the Trump tax cuts.  News Picks:AG Bill Barr has appointed a US Attorney to investigate the origins of the Spygate case. Jim Comey’s pal, and former FBI lawyer, Jim Baker is getting anxious now that the truth is coming out. Trey Gowdy lets loose last night on Hannity. Marco Rubio calls for an investigation into John Kerry and potential Logan Act violations. Government spending is entirely out of control. Copyright Dan Bongino All Rights Reserved. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript
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Starting point is 00:00:00 get ready to hear the truth about america on a show that's not immune to the facts with your host dan bongino all right welcome to the dan bongino show producer joe how are you yesterday after that incredible show thanks to you and paul what a great show and you brother i was getting ready to say i haven't recovered yet man i mean, that thing was berserk. It was great. Yeah, yesterday's show, number 977, episode 977, is going to be by far most listened to show ever. I got to tell you, though, folks, I'm a little surprised that the story we broke yesterday,
Starting point is 00:00:38 me being in the news business now for, I guess, what, eight years? Yeah, 2011, I started doing media stuff and when i ran for office i'm actually stunned that joe and i and paul yesterday broke a major story about the one source everybody used to spy on trump we entirely completely discredited him yesterday right and i'm i'm not kidding i'm seriously astonished that nobody picked it up it was not a speculative story it It was not some conspiracy theory. We provided hard evidence yesterday by Christopher Steele's own words
Starting point is 00:01:09 that their own source, the FBI and the Central Intelligence Agency, Christopher Steele, for their entire basis to spy on Trump, couldn't even get his own story right, got the biggest detail or the biggest story of the century wrong within eight days,
Starting point is 00:01:24 and he blew it. I'm going to get into more of that. I want to cover a little bit of the China stuff today with the tariffs. Ladies and gentlemen, the Chinese are destroying their own population here. I am not a fan of tariffs. I've been clear about that from the start. I am a free trader. The problem is the Chinese are not engaging in free trade.
Starting point is 00:01:39 They're engaging in mercenary trade. But what they're doing now, Trump has them in a corner because they're actually destroying their own population. I'll explain that. I've got a couple other things about Brennan, too. Today's going to be a great show. Here we go, baby. Let's get right to it.
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Starting point is 00:03:51 Okay, so yesterday, not to relitigate yesterday's show. There's no need to do that. You can listen to it yourself. But I am, I'm disappointed because we showed these two screenshots yesterday. The first, which is the circling of the Cohen-Prague information. Here it notes, on October 11th, a State Department official interviewing Christopher Steele, who is the source of the information used to spy on Trump. Christopher Steele tells the State Department official on October 11th something about Cohen-Prague.
Starting point is 00:04:19 How do we know that? Because you can see her notes right there. You don't have to see it if you're listening on audio. She has written notes that say Cohen slash Prague. It's not complicated. If you want to watch it, go to youtube.com slash Bongino. There's no need to, though. Now, exactly eight days later,
Starting point is 00:04:35 Christopher Steele's own dossier, there it is, highlighted, October 19, 2016. For those who can't do math on the liberal side, October 19 is eight days after October 11th, 2016. The same guy, Christopher Steele, is saying that his source was unsure of the location of the meeting he just told the State Department happened in Prague. Either Steele's lying or Steele didn't write the dossier.
Starting point is 00:04:58 I'm serious when I say this. We don't break a lot of news on this show, even though we could. Believe me, we could. Paul a lot of news on this show, even though we could. Believe me, we could. Paula, am I lying about that? Paula's mad at me today. She's not deliberately not answering. Some people email me. They're like, you know, we can't hear Paula on the mic. I know. I know. It's like Mr. Producer on the Levin Show. Rich doesn't get on the mic either sometimes. Either there's Bo Snerdley over at Limbaugh. So, folks, we broke this huge story. We could break more news, and we don't because I prefer this show to be more analysis
Starting point is 00:05:32 after it breaks. We're not trying to be investigative reporters here. But yesterday's story was critical, and I'm stunned nobody picked this up. There's only two logical conclusions from this, that Christopher Steele was a liar who couldn't remember the biggest detail of his biggest story yet the fbi used him in court or he didn't write
Starting point is 00:05:49 the dossier i'm gonna leave it there you guys figure it out but one more note on this look at this redaction there's a red line around it here i'm i'm requesting some crowdsourcing help from the brilliant investigative journalists out there in the audience. I mean that. I get emails every day that are phenomenal. Judy, 279, all of you. In the typed version of those same written notes I'm talking about, that Kavalec, the State Department official, Kathleen Kavalec, who's interviewing Steele on October 11th, in the typed version of the notes, the memorialization of that interview, there is a redaction here about travel histories. I suggested yesterday that what's underneath that redaction has to be critical.
Starting point is 00:06:30 I'm going to ask my audience. The redaction is labeled very suspiciously INA, and it's due to, they're citing an Immigration and Naturalization Act, Section 222, about visas into the United States. If anyone in the audience has an idea about why the FBI would cite the Immigration and Nationalization Act and the issuance of a visa to redact a key piece of information and what Steele told Kavlik, I have my ideas, but I'd like to hear your thoughts.
Starting point is 00:07:01 Email them info at Bongino.com. I'd love to hear what you. Email them, info at Bongino.com. I'd love to hear what you think. Okay, moving on. So I titled this section of the show, the next section, you guys verified this, right? I got some information yesterday from a trusted source.
Starting point is 00:07:16 I'm not going to say who, why, where, how. I'm not even going to say the details of what it is specifically, but confirming my Friday show conclusions that John Brennan was the puppet master here. Ladies and gentlemen, John Brennan is going to go down. I'm sure of it.
Starting point is 00:07:33 I've insisted from the start that the three-letter agency people were in a world of trouble. I'm not sure the politicians are going to get in as much trouble for this because there's the political, I don't think the Republicans up on the Hill have the guts to go after them. But the three letter agency people are in a world of trouble.
Starting point is 00:07:49 And Brennan's one of them. I have no doubt now. Brennan marshaled this whole thing. Brennan was working with foreign intel figures and people like Christopher Steele to get information, to push the FBI, to open up an investigation into Trump. Understand what I'm telling you here in the lead. This is going to be important because I have some new stuff from yesterday. And I also have
Starting point is 00:08:08 a stunning piece of video by Trey Gowdy, who's usually more reserved, but on Hannity last night, dropped a tactical nuke on this. Oh yeah, it was good. Joe's heard it. I already gave him the clip to record. So he knows what I'm talking about. John Brennan is the head of the CIA
Starting point is 00:08:24 at the time this whole spying thing is going on for with trump right brennan has no law enforcement powers i cannot emphasize this enough there's a lot of confusion amongst some in the audience who still email me about this brennan is an intelligence official he has absolutely zero law enforcement power he needs the fbi to swear out warrants in court to spy on Trump he needs them he cannot swear out a warrant he has no power to do that nor to any of his officers in the CIA there's a CIA police force but they're not that's a totally different thing that police their campuses and things like that but they have no power to swear out warrants he needs a warrant to officially, what Devin Nunes calls the legal
Starting point is 00:09:05 spying. He needs a warrant to legally spy on the Trump team for Obama. Brennan's marshalling this whole thing. I no longer have any doubt. He can't do that without trying to trick the FBI into opening up an investigation. Again, I'm not giving a pass to the FBI. Please don't misconstrue my words. These people hated Trump. The people at the top, McCabe, Comey. Comey, who's the worst? Comey's even worse than Brennan because he has zero, zero. Comey will screw over anybody. At least Brennan's loyal to Obama.
Starting point is 00:09:38 It is maliciousness. Comey's the worst. Comey, McCabe, Stroke, they can't stand Trump. They're eager to be baited into it. So they do no homework at all on the information they get. So on Friday, I put out on the show that, and again, I'm not giving a pass to the FBI. The key FBI officials involved in opening up this case, they get a memo from Harry Reid in August, the Democrat Senate leader at the the time in August of 2016.
Starting point is 00:10:08 They get a memo from him saying, hey, you guys better open up an investigation into Trump. He's colluding with the Russians. Look at this information I have. The information, ladies and gentlemen, is in the dossier. Who does he get it from? It's clear as day. He gets it from John Brennan, who briefs Harry Reid right before he sends the memo in August. Copy? Brennan gives the
Starting point is 00:10:31 information from Steele to Reid, who sends it to the FBI. The FBI is already getting information from Steele. Let's be clear on this. This is important. This is the setup to this. How do we know that? Because an FBI agent by the name of Gaeta,
Starting point is 00:10:48 Mike Gaeta, meets with Steele in London in July, which is before August when Brennan briefs Harry Reid and the Gang of Eight on the Steele information. Joe, are we good? Yeah, we're good. It's important.
Starting point is 00:11:04 Okay. We're good. St's important. Yeah, we're good. Okay. We're good. Steele's giving information to the FBI and the media in the summer, June and July of 2016. He then somehow gets it to Brennan too, Steele. Brennan gives it to Reid. Reid writes the information in a memo he sends to Jim Comey and says, we need you to investigate Trump because of this. It's the Steele information. I had said to you on Friday's show that I believe, though, key people in the FBI, notably Lisa Page, who testifies under oath, didn't understand that the information they were getting from Harry Reid through John Brennan had come from Steele.
Starting point is 00:11:46 I'm sorry. I don't want to over abuse analogies, but it's important. You understand we're talking about here. You know, if one guy you deem kind of shady and not credible, you know, tells you that it's going to rain tomorrow and his accuracy and predicting
Starting point is 00:11:59 rain events is right. You're going to be like, whatever. I don't need an umbrella. He tells me it's going to rain every day. But if another guy comes to your house and knocks on the door and goes, hey, I'm sure it's going to rain tomorrow, and you don't know him, but he seems sincere about it, you're going to bring an umbrella.
Starting point is 00:12:12 But what if the second guy who seems sincere got the information from the first guy you don't trust? It's the same bad information. Right. The point here and the analogy is the FBI and Lisa Page, they were confused. She's a lead lawyer who's having an affair with the lead investigative agent. They thought they were getting information confirming it's going to rain tomorrow when it was from the same shady guy, Steele, who had given it to Brennan.
Starting point is 00:12:38 Good way to put it. Now, I'll get to that in a second. Thank you. Yeah. That's going to set up this whole story here. So take a few minutes and we'll get on to some other stuff i don't want to abuse the stuff to that but remember this title this section is you guys verified this right okay first here's trey gowdy last night on sean hannity show who drops a nuke on this thing with this statement last night and he's talking
Starting point is 00:13:02 about hey you really want to get to the bottom of this you want to look at this specific set of interactions in december of 2016 remember the date and remember the players he's talking about are you convinced that there was a fraud committed against the pfizer court withholding that hillary paid for that dossier and that in fact the bulk of evidence was unverifiable and that they never verified whether anything Steele wrote is true. And did they do it to spy on the Trump campaign, sir? Sean, I can tell you it is even worse than what you described. It is what you described, in addition to the withholding of its culpatory information, which is what has Johnny Ratcliffe
Starting point is 00:13:42 so exercised. And they made no effort to corroborate the dossier until after it had been used in the application and a renewal. No effort. It's not that they failed. They made no effort to last question. So whoever is investigating this, tell them to look for emails between Brennan and Comey in December of 2016. Are you? Oh! Oh! Oh! Wait, what? Wow! Gowdy is... Gowdy's very...
Starting point is 00:14:14 You may say, Gowdy's reserved. He is. He's actually very reserved. He's not the cavalier renegade everybody thinks he is. I don't mean as an insult. I just mean he's just very deliberate. He's a lawyer, and he talks like a lawyer on TV. And again, I don't mean that as an insult.
Starting point is 00:14:29 He thinks like a prosecutor. Matter of fact, I had a significant beef with Gowdy a while ago for saying at one point that the FBI had done things by the numbers. He wasn't exactly, from what I heard later, saying exactly what I thought he said, but whatever. That's a whole other point. So Gowdy just launches this bomb that apparently there's a series of emails
Starting point is 00:14:48 him and others have seen between Jim Comey and John Brennan in December of 2016. Why is this key, ladies and gentlemen? Because the FISA, the first FISA is in October of 2016. The first renewal of the FISA, the process is, remember, there's three months. October, November, December.
Starting point is 00:15:15 So they renew it again in January. The process starts in December. and apparently there's a series of emails between the two that seem to be very bad ugly devastating troubling what do you think they could be talking about do you think maybe the thing i've been telling you for a year and a half that comey and his fbi people had an inkling that the information they were getting from Steele was bogus and they just hated Trump so much they bypassed their own professionalism and verification process and rushed the FISA through the court. And then at the first renewal, they start to figure out, Joe, that maybe this information isn't what we thought it was.
Starting point is 00:16:05 That mosaic's looking kind of screwy. Yeah. That corpus is falling apart, baby. I like that the corpus, those articulable facts are just not working out. You got that one. Nice. See, Joe remembers very well. Now, why are those December emails important?
Starting point is 00:16:23 Because here's what I think's going on. Let me just explain it to you. Comey figures out in December when they're getting ready to renew the FISA. Remember, they've already sworn to court this stuff is true. It wasn't. Comey figures out that the information
Starting point is 00:16:34 they got from Harry Reid probably came from Brennan, which came from Steele, and does not corroborate the information they have because it came from Steele too. Steele can't corroborate his own stuff. Other people outside sources would have to verify Steele's stuff.
Starting point is 00:16:53 That's not how any of this works. So Comey's probably emailing Brennan saying, hence the title of the section, you guys verified this information you sent, right? the title of the section you guys verified this information you said right uh now now does it this listen to this clip now i played this this this is up there with the um the evelyn farkas clip for probably the number you know top number of times we've played a cut on the show here is john brennan with chuck todd emphasizing a specific date he claims he first saw the dossier as he says in that overly pretentious voice he's played that cut when did you first learn of the so-called steel dossier and what christopher steel was doing
Starting point is 00:17:39 well it was a not a very well-ke among press circles for several months before it came out. And it was in late summer of 2016 when there were some individuals from the various U.S. news outlets who asked me about my familiarity with it. And I had heard just snippets about it. I did not know what was in there. I did not see it until later in that year i think it was in december oh oh december wow the same time there's this email exchange with comey and brennan yeah you guys verified this information right notice what brennan says there are two takeaways from there don't forget that brennan is a liar this guy is a disgrace to the country a disgrace to humankind he's a total nothing he says there is is true in the sense that he's trying to get
Starting point is 00:18:32 to the bottom of the story point number one he says well the dossier wasn't a secret it was floating around in the media in the summer of 2016 why does he say that, Joe? Brennan is, listen, he's not dumb. He's a liar. He's malicious. This is a malignant character in our national discourse, but he's not stupid. He says that because as Gowdy and Lindsey Graham have pointed out in the interviews I discussed yesterday and in Gowdy's interview last night, I don't have time to get to all that. They make a very specific point and Gowdy says it in that thing, in that clip we just played. You can rewind it and listen again. The FBI made
Starting point is 00:19:10 no effort whatsoever to verify Christopher Steele's information because they hated Trump so much they took it at face value. Graham says in that clip we played yesterday that the only thing the FBI did to verify it, Joee with the dreaded air
Starting point is 00:19:25 quotes is they read media reports media reports where did those media reports come from christopher steel do you understand it's the same guy telling people to go to your house and telling you it's going to rain tomorrow because he sells umbrellas there you go it's the same guy it's the same guy hey i need an umbrella 10 people showed up my house saying it's going to rain tomorrow because he sells umbrellas? There you go. It's the same guy. It's the same guy. Hey, I need an umbrella. Ten people showed up at my house saying it's going to rain. They're all being sent to your house by the umbrella guy. Brennan. Brennan can't put the information from Steele out.
Starting point is 00:19:57 It's garbage. He knows it's garbage. So he probably tells them, hey, get this stuff to the media. Then Brennan uses the media reports to go to Harry Reid and others and say look this is serious information the media is reporting on it I've got confirmation too from Christopher Steele it's the same stuff so what is Brennan doing in that interview point number one he highlights the fact that the media was reporting on it because he's going to throw Comey and the FBI under the bus. Bank on it. Bank on it.
Starting point is 00:20:28 He's going to say, hey, man, it was raw. We saw it in the media. And look, the FBI shamefully didn't do their homework and use these media reports. Get ready. Get ready. He is going to throw the FBI under the bus. Hey, I'm just an intel guy, man. I saw some media reports. I didn't know where they came from. I gave it throw the FBI in the bus. Hey, I'm just an intel guy, man. I saw some media reports.
Starting point is 00:20:46 I didn't know where they came from. I gave it to the FBI. Look, the FBI and the FISA clearly says they verified everything using media reports. I don't know. That's their problem. They're the investigators. You may be thinking to yourself, too, well, that sounds logical, right? Except for the fact that devin newness when
Starting point is 00:21:06 you imply that when you apply the newness translator has said often that there were no official channels used for the intelligence in other words the information brennan's getting himself that he claims is raw there's a process for raw unfiltered intelligence you run it up the chain of the cia through analysts so that by the time it gets to the top the decision makers the president brennan the deputy director of the cia and the intel community you know it's true brennan did none of that brennan handled this thing himself with a small group of people at the top to make sure it wasn't vetted because he probably knew it was bs do you get it he's about to throw the fbi under the bus corpus christy
Starting point is 00:21:56 he's the corpus guy he's the corpus of intelligence he's the corpus guy so point number one he's going to throw them under the bus and go, it's not my fault the FBI screwed it up and used media reports. Secondly, he is going to stick to his story that he didn't see the dossier
Starting point is 00:22:13 until December. He may be right, as I said last week. You may be like, well, now you're really confusing me. Don't conflate the paper dossier which steals information. Right.
Starting point is 00:22:26 Sorry, my nose itches. Remember what I started the show with today. The fact that the dossier story does not marry up with what Christopher Steele told the State Department woman. He tells the State Department woman, Kavalec, on October 11th that Cohen went to Prague. A dossier he allegedly wrote eight days later says, oh, we don't know where the meeting happened. Ladies and gentlemen, I don't think Steele wrote the dossier. He may have written portions of it,
Starting point is 00:22:56 but it's highly likely that other people, Simpson, Glenn Simpson of Fusion GPS, Nellie Orr, and others may have had input into the dossier. Where am I going with this? This gives Brennan an out. Brennan's talking to Steele the whole time, the umbrella salesman. Okie doke. The dossier is written by other people under Steele's name.
Starting point is 00:23:22 So Brennan could say, well, I didn't see that paper dossier until December. I told you someone needs to ask Brennan this question on their own. Forget the dossier for a minute, John. When was the first time you came across the Steele information about Carter Page that appeared in the FISA? That's the question to pin him down on. Gotcha. Gotcha.
Starting point is 00:23:48 I will guarantee you that email exchange in December with Comey and Brennan describes exactly what I'm telling you. Brennan lying to Comey saying, I don't know anything about this information, Jim. I don't know anything about it. I didn't see this until December until you told me about it. When he, you get it? Comey emails.
Starting point is 00:24:07 Gowdy's saying, look at Comey's emails to Brennan. They're suspicious. It's probably Comey emailing Brennan. Hey, John, you guys verified this info, right? It's probably Brennan emailing back saying, I don't know what you're talking about. I didn't see the dossier until December. Now, God forbid, Comey emails him back, well, did you talk to Steele or someone?
Starting point is 00:24:28 Well, yeah, I talked to Steele in August. Oh, Jim, we got a problem. Excuse me, John, we got a problem. We thought the information you guys pitched to us was from a different source and was therefore corroborating Steele. We didn't know it was the same information.
Starting point is 00:24:49 Now, to show you the lengths that Brennan's going to go to to hide where he got his information from play this cut again this is an older cut of Brennan answering Trey Gowdy's question was Trey Gowdy was still in Congress when Gowdy tries to pin him down when exactly he got this information. Check this out. I encountered and I'm aware of information and intelligence that revealed contacts and interactions between Russian officials and U.S. persons involved in the Trump campaign. Trump campaign that I was concerned about because of known Russian efforts to suborn such individuals. And it raised questions in my mind, again, whether or not the Russians were able to gain the cooperation of those individuals. I don't know whether or not such collusion, that's your term, such collusion existed. I don't know. But I know that there was a sufficient basis of information and intelligence that required further investigation
Starting point is 00:25:53 by the Bureau to determine whether or not U.S. persons were actively conspiring, colluding with Russian officials. Do you know the basis of that information that you share with the Bureau? I mean, what was the nature of the evidence? I think, Mr. Gowdy, this committee has now been provided information that relates to that issue in terms of information that the agency shared with the Bureau. And that is something that is appropriately classified. Notice in that cut, again, Brennannan's deception his effort to hide where he got the information what does he cite he cites well the information's classified this is fascinating joe i can't tell you because it's classified can you tell us what here can we go in a classified
Starting point is 00:26:36 setting and can you tell us brennan will do anything anything to hide where he got this information from because he misled people into believing the information he was getting was separate. You may say, come on, Dan. How do you know that? Let's put up the Washington Times piece. Listen, Bob Woodard, who is absolutely no fan of the president.
Starting point is 00:27:01 Here's a piece by Rowan Scarborough written September 11th of 2018. Title, then CIA director John Brennan endorsed Trump dossier. Bob Woodward said, excuse me, I call him Woodward. Bob Woodward is no friend to Donald Trump. In his book, Fear, he writes this. This is fascinating stuff. Then CIA director John O. Brennan endorsed the Christopher Steele dossier when he acquired a copy in December of 2016.
Starting point is 00:27:28 Listen to this. Saying it matched the Russia collusion charges from his sources, according to Bob Woodward. Ladies and gentlemen, it's the same source, Steele. Or it's not the same source, Steele. Or it's not the same source. Simpson writes the dossier and Nellie Orr and the FBI went into court and lied and said that Steele wrote it
Starting point is 00:27:56 because he was their verified source they'd used before. You understand how no scenario works out for them. None. There is no avenue of escape. I'm trying to be a little calmer today. I was very excited yesterday. And my sincere apologies for cussing.
Starting point is 00:28:12 I mean it. I try not to do. It causes everybody around here a lot of headaches for a number of reasons. And it's just morally not right. But I was very upset. I'm trying to stay a little calmer today. Because I was so miffed yesterday.
Starting point is 00:28:22 But do you understand how neither avenue works out for them? There are only two stories going forward now that are plausible. Steele is the source of information and Steele wrote the dossier. And Steele can't remember his own story because in the dossier, he doesn't even remember Cohen and Prague, even though he said Cohen Prague eight days earlier. That's story number one. It steals the source of all of this. doesn't even remember Cohen and Prague, even though he said Cohen Prague eight days earlier. That's story number one.
Starting point is 00:28:47 It steals the source of all of this. And Brennan is wrong. Because Brennan's saying in the Washington Times that the dossier confirms his sources. How does it confirm his source? If it's the same, you get what I'm saying, Joel? If the dossier was written by Steele, it doesn't confirm your source. It's just the same information.
Starting point is 00:29:03 It's like saying, my name is Dan. My name is Dan. Confirmed. I, my name is Dan. My name is Dan. Confirmed. I said my name is Dan twice. What if I said my name was Andrew? My name is, it's not. It doesn't matter if I say it 20 times. Or story number two, where Brennan's not lying.
Starting point is 00:29:17 And Brennan says, hey, the dossier confirmed the story I heard from my source. His source is obviously Steele. And yet the dossier was written by others. And in that case, the FBI went into court in front of a FISA judge and said, Christopher Steele gave us this information. Put up their right hand. And they are, in fact, lying.
Starting point is 00:29:39 Now, I want to end this segment with this one thing. If you could put up that Lisa Page testimony that's redacted. What if I told you under those redactions was likely some very suspicious information well now here's lisa pages lisa page just so you know what this is lisa page fbi lawyer working on this trump case is being questioned by fantastic congressman mark meadows from north carolina a while ago she's under oath and brennan is asking her if she's aware that John Brennan at the CIA had the same information from Steele. The FBI apparently thinks it's from a different source and is corroborating their information from Steele.
Starting point is 00:30:17 So there's a lot of redactions in it. But Ms. Page says, well, yes, sir, because with all due honesty, if Director Brennan. So we got that information and it's all redacted. Meadows then says, well, we know there are multiple sources. Page says, I do know that. I know the information ultimately found its way to a lot of different places, certainly in October of 2016. Wow. You mean when Steele spoke to Kavalec and told him about Cohen-Prague and told you guys he didn't know?
Starting point is 00:30:45 Is that what you're talking about? She goes on. But if the CIA, as early as August, in fact, had those same reports, I'm not aware of that. And it's redacted. What if I told you under those redactions? Say it said something like, well, if they provided him to us that would be really unusual in other words if the cia provided us information from steel and claimed it was verified intelligence that would be very unusual
Starting point is 00:31:21 you think they may be redacting the fact that the FBI fell for this scam? Willingly? That they were fed intelligence from Brennan thinking it was verified up-the-chain CIA information when it was a fact Brennan gossiping about Christopher Steele. What a scam.
Starting point is 00:31:47 All right, I got a lot more to get to. All right, today's show brought to you by our buddies at Blinkist. Listen, I love Blinkist. There's a list of books I want to read is endless. People email me books all the time. They say, hey, read this, read this book. It's great. I don't have the time to read all these books. You know, I just don't. A lot of you don't. So I go in the car. I listen to Blinkist. It's the best way to do it. You get key insights from books you want to read. Remember, a lot of successful CEOs and business people, they read tons of books each week. Blinkist is the only app that takes thousands of the best-selling nonfiction books
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Starting point is 00:32:26 Plus, you can listen anywhere. They got some great Nassim Taleb books in there that I really enjoy. Blinkist is constantly curating and adding new titles from the best of lists, so you're always getting the most powerful ideas in a made-for-mobile format. How great is that? Five million people are using Blinkist to expand their minds 15 minutes at a time. Get started today. Right now, for a limited time, Blinkist, you know, like blink, blinking your eyes using Blinkist to expand their minds 15 minutes at a time. Get started today. Right now, for a limited time, Blinkist, you know, blink, blinking your eyes, Blinkist has a special
Starting point is 00:32:50 offer just for our audience. Go to Blinkist.com slash Dan to start your free seven-day trial. Check it out. That's Blinkist, spelled B-L-I-N-K-I-S-T.com slash Dan to start your free seven-day trial now. Blinkist.com slash Dan. Listen, 88% of financially successful people read at least 30 minutes a day. Go check it out. Blinkist.com slash Dan. Start your free seven-day trial today. Okay. So moving on a bit, I just want to address one quick thing as well. There is a crowd of people out there, and I want to say this in advance. I have a lot of respect for everybody out there who has alternate theories on what's going on with spy gate rushing it i get it um but there's a lot
Starting point is 00:33:31 of vitriol and it's unnecessary out there i'm not going to attack you all and i would appreciate if you don't attack people who believe as i do back but there's a crowd of people out there who still insist that you know christopher ray head of the f, is like a solid guy. He's getting to the bottom of all this and that Rosenstein was great and that all these people were great and there's like a plan and Sessions was awesome. Listen, fine, I get it. I have a lot of respect for the work you're doing. I'm just saying the evidence is mounting that that theory is not in fact correct.
Starting point is 00:34:04 I mean, I explained to you the redactions yesterday i just showed you at the beginning of the show that odd redaction about a travel thing using the immigration naturalization act for information that wasn't redacted even a couple years ago in 2016 i'm sorry i just don't buy the theory that this you know christopher ray is cleaning house i'm sorry based on evidence his hesitancy to use the word spy. No, no, that's part of the plan too. You can't have it both ways. Some of the same people telling me Wray's such a great guy. We're celebrating Bill Barr, the attorney general for finally talking about the word spying. And then they're ripping me when I call out Wray for running away from the word. No, no,
Starting point is 00:34:44 that's the point. Well, what is it? Is it part of the plan to out the spying or not? Right. I don't get it. So again, I don't knock people. I listen to your stuff. I read it. But it's just, I'd appreciate it if you'd cut us some due deference too,
Starting point is 00:34:56 that the evidence is mounting that you're just not correct. You know, Rosenstein was great. Really? He signed the fourth FISA. The fourth FISA war and the spy on the Trump team. Please explain to me how Rosenstein was great really he signed the fourth FISA the fourth FISA war and a spy on the Trump team please explain to me how Rosenstein some hero here I don't get it well he appointed Mueller Mueller hated Trump he fired Comey yeah and he instantly regretted it I don't get it I'm sorry but uh I'm sorry I didn't mean to get off on a tangent there
Starting point is 00:35:22 all right uh big news yesterday they They have finally, Bill Barr appointed a U.S. attorney from Connecticut, John Durham. You see this story up at Bongino.com in the show notes today. Please go to the show notes. Ladies and gentlemen, if you go to my website, Bongino.com, you click on the menu, you'll see the dropdown menu.
Starting point is 00:35:38 It says podcast. All these stories are there. I really appreciate if you read them. So Bill Barr has appointed a U.S. attorney from Connecticut, John Durham, to investigate the origins of the Trump case ladies and gentlemen as i have insisted from the beginning the three-letter agency people are in a world of trouble they are going to be i think prosecuted some of them for criminal leaks some of them are going to be administratively sanctioned
Starting point is 00:36:00 some of them may be fired some of them who are already fired will have their reputations tarred permanently when what comes out. And again, we talked about Comey and Brennan, what they actually did. Now, why does this matter? Because remember, ladies and gentlemen, only prosecutors, U.S. attorneys have subpoena power. Investigators do not. Investigator Michael Horowitz, who's the inspector general looking into a lot of this FISA abuse process. He doesn't have subpoena power. He doesn't. He can't impanel a grand jury.
Starting point is 00:36:31 A U.S. attorney can. So Horowitz has a lot of power. Don't get me wrong. I mean, he can go to people administratively who still work there and say, hey, you need to speak up about what's happening. But he doesn't have the power to subpoena people. Durham now has that power. So we now have a U.S. attorney, John Huber.
Starting point is 00:36:53 I knew a guy named Mike Huber once. John Huber looking into it. We also have Durham looking into it. I just want you to put a little smile on your face. I know the pace of justice has been glacial. I get it. And I'm not expecting you to be happy about any of this. I just want you to be a little less sad about the destruction of our republic today, knowing that there are people out there. And if there were crimes committed, I'm absolutely sure Durham's going to find him. Bill Barr is not messing around. Okay. And a couple other quick stories I want to get to too.
Starting point is 00:37:22 Rubio yesterday, Marco Rubio, who we've had significant disagreements with in the past, but Rubio did something great. Again, at Bongino.com, he's calling for a Department of Justice investigation into John Kerry over his Iran contacts. Listen, John Kerry is bordering on very serious criminal behavior. I mean that. John Kerry, according to the president, has been back-channeling with Iran. Back-channel. Some people would call that collusion. No, no, it's only collusion when it's Republicans. He's actually back channeling a communication channel. Kerry's a private citizen. He has no government affiliation at all anymore. to America crowd telling them not to talk to Donald Trump.
Starting point is 00:38:08 So he's cavorting and colluding with an enemy of the United States, the world's largest sponsor of terror. That's your John Kerry. I mean, this is potentially criminal behavior. This guy's engaged. There's no question it's anti-American. No question that what Kerry's doing is anti-American. None at all. Among sane people, not the liberal media who worships democrats and john karen i'm
Starting point is 00:38:26 not expecting them to get to the truth but rubio's calling it as it is if michael flynn lieutenant general michael flynn sally yates in the department of justice suggested when he was the national security advisor that his call to kissley act when he was the incoming national security advisor the russian ambassador call, if that was a potential violation of the Logan Act, how is a private citizen, John Kerry, calling the death to America crowd, telling them to screw over the United States, how is that not a violation of the Logan Act?
Starting point is 00:38:56 And just in case you're unclear what the Logan Act is, it prohibits private citizens from conducting diplomatic business in the United States. Now, the Logan Act's a joke. It would never pass constitutional muster. But ladies and gentlemen, it's time to play hardball now. Let's put the kiddie toys and the wiffle balls away and let's get the rock out. Let's get the hardball, not softball, the hardball.
Starting point is 00:39:20 And let's start playing the big boy games right now. If the Department of Justice under Sally Yates thought the Logan Act was for real, then the Logan Act's for real. But Dan, you said it's a joke. It is a joke. It's not a serious crime. It's never been successfully prosecuted in the history of the United States. But if it's only a crime for Republicans and Republican appointees like Flynn,
Starting point is 00:39:42 then we live with not blind justice, but justice like this. One eye closed, one eye open. Justice only sees apparently Democrats. Justice doesn't see Republicans. You want to prosecute the Logan Act? Send it to court. Let's get John Kerry in handcuffs
Starting point is 00:39:59 and see how the Democrats feel about the Logan Act all of a sudden. New rules, folks. We win, you lose. It's on the books. It's not an abuse of power. It's an actual law. The Democrats thought it was real
Starting point is 00:40:13 when they prosecuted Mike Flynn, so good for Rubio. Let's test it out in court, right, Joe? Let's see if the Democrats' theory about the veracity of the Logan Act is true. Let's go, babe. Let's get John Kerry in cuffs. Let's get him in court.
Starting point is 00:40:27 Let's see what he has to say about talking to the mullers and the death to America crowd, telling them to screw us over. Unreal. Really is. It's so disappointing. All right. I had an economic story. You know what?
Starting point is 00:40:44 Let's do this, because I'm going to motor through. I've got a couple other things I want to get to, including that. If I can, I want to... I rushed through that Papa D thing yesterday. I had a quick angle on the PC thing. I want to be sure you guys all get. Finally today, our show brought to you by our good buddies at My Patriot Supply. Hey, there
Starting point is 00:41:00 are some headlines out there the mainstream media is ignoring. California's big three utilities remind the public of plans to cut power during fire, bad weather. Gosh, what would you do for food? No power, no grocery shelves, no refrigeration, big trouble. Experts assess damage after first cyber attack in the U.S. grid. These are real stories.
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Starting point is 00:41:33 went out for weeks, credit cards wouldn't work. You're running out of cash. What are you going to do to get food? Are you going to barter? Are we going to go to a barter economy? The answer is you should have the food in your house with our friends at MyPatriotSupply. I'm prepared. I have boxes of this stuff. I use My Patriot Supply for an emergency food supply and you should too. Start with a two-week emergency food kit. Order a few at a limited time, low price and save $62 when you go to preparewithdan.com. That's preparewithdan.com. Preparewithdan.com for your two-week emergency food kit at a great price. These kits include breakfast, lunches and dinners that last up to 25 years. Come on, you can't beat that.
Starting point is 00:42:07 That's a lot of food security. You know when it's breaking news, it's already too late to prepare. Do it now. Get emergency food from my Patriot Supply at PrepareWithDan.com. That's PrepareWithDan.com. PrepareWithDan.com. Check it out today. Okay, I wanted to cover this story yesterday.
Starting point is 00:42:21 This is just another one of those debunking liberal nonsense stories because almost nothing liberals tell you is true ever. You know, liberals will tell you, oh, voter suppression happened in Georgia in the election. That's why Stacey Abrams should have been a governor. And then you tell them that the law that she's referencing was passed by Democrats in the 1990s. They're like, you're a racist. This is what they do all the time.
Starting point is 00:42:42 So before the, right? That's their answer to just about every question because they don't have an actual argument so what did liberals tell us joe about the tax cuts tax cuts they're gonna drive the deficit the trump tax cuts are gonna drive the deficit they're gonna cost the government money keep my tax cuts don't cost the government anything tax tax money comes from you as we say it's like you get a tax cut it's like a thief decides not to rob someone and you're claiming like the thief was it cost him money what do you mean it cost him money he didn't rob me what are you kidding folks the tax cuts historically have not cost the government revenue there is no
Starting point is 00:43:17 evidence of this at all the calvin coolidge tax cuts yes we're going back that far to show you that historically over time, when taxes get cut, people have more money in their wallet, which they spend at businesses, which grow their businesses, which employ more people who pay more taxes. I'm not suggesting they pay for themselves.
Starting point is 00:43:36 I'm simply suggesting the correlation between tax cuts and government revenue going up, not down, is strong. You call that whatever you want paying for the i don't care i'm just telling you what the evidence says calvin coolidge tax cuts the john f kennedy tax cuts the reagan tax cuts the george w bush tax cuts all of these tax cuts were followed up by an immediate gusher of revenue into the federal government more so what were we told after the
Starting point is 00:44:05 trump tax cuts the same stupid canard was rolled out again by democrats who don't know what they're talking about it's gonna cost the government money well did that happen well thanks to the good congressman rod bloom uh rod is a good guy rod's been following the story he put up this tweet the other day again this is not news to anyone listening to this show, but to some liberals who may have mistakenly tuned in, this is news to them. At Rep Rod Blum, B-L-U-M. Go check him out on Twitter. He's a verified account. From the AP report today on the federal budget, two takeaways. Number one, the reason for the increased deficit is increased spending, not decreased revenues. How is that possible, Joe? we were told the tax cuts were going to cost the government money yeah takeaway number two revenues have in all caps increased to
Starting point is 00:44:51 the government i was correct when i said the tax cuts won't cost the government cost in quotes and he has a little piece there you go there you go making a remotely making a return and he has a little snippet from the ap piece at the bottom, which says, so far this year, ladies, this is from AP, the Associated Press, which usually act as propagandists for the Democrats. From AP. So far this year, receipts, tax receipts, are up 1.8% to $2 trillion, while spending is up 7.6% to 2.57 trillion wall street journal
Starting point is 00:45:30 covered this story as well i i oh my gosh ladies and gentlemen i can't believe i've got to discuss this stuff but liberals will lie to you so fluidly and effortlessly if you didn't have this show you would believe they were telling the truth wall street journal yesterday tax revenue keeps rising the federal deficit is increasing and the reason is spending listen the journal's a right-leaning outlet but they're not conservatives they are at best moderate republicans why would they lie tax revenue is up almost two percent it's not down. It is not down. Taxes were cut. You want to know the reason the tax revenue,
Starting point is 00:46:10 because some of you may still have a difficult time processing this. I'm not talking about the conservatives. You guys get this. I don't mean as an insult. Not everybody has time to study marginal tax rates and revenue functions and how they work. When you cut taxes, people put more money in their wallets, okay?
Starting point is 00:46:27 That's seemingly tautological to most. There you go. The money doesn't get burned. They don't go throw it in a fireplace. The money circulates and gets spent in businesses that then make more money. We've seen corporate profits go up. We've seen GDP growth go up.
Starting point is 00:46:43 Those companies then pay more corporate taxes on bigger profits and they then hire more workers to keep up with the increased demand workers which pay income taxes which far offset the lost amount from the lower corporate tax and the personal income tax cuts folks it's not hard to figure out no No. But I'll be candid. It is very frustrating to constantly have to talk about because it seems so basic to people who are just willing to follow simple data. Tax cuts cost the government money. Have they ever cost the government money?
Starting point is 00:47:17 No. Okay, then why are you saying that? Because it's a good talking point. That's why. Also, CNS News story I'll have up in the show notes today by Terrence Jeffrey who does a lot of work on this stuff. Federal spending sets a
Starting point is 00:47:31 record through April. Folks, I don't care who's in office. The government spending's out of control. But the evidence that the deficit right now in our debt is being driven by government spending not tax cuts is right in front of your face. It's not complicated. Tax revenue is up, and spending
Starting point is 00:47:48 is up more. To make a microeconomic analogy, Joe Armacost is making more money, but he's spending more money than he ever did outpacing his raise. Not hard to figure out. Mm-mm. Yeah, here you go. Okay. Quick video here. Look, I don't do a lot not hard to figure out I yeah okay quick video
Starting point is 00:48:08 here look I don't do a lot of funny stuff on the show but hat tip to Mr. Producer from the Mark Levin show Rich Cementa who said this is really funny oh yeah this is gotta be the most awkward hug of all time so AOC
Starting point is 00:48:24 and Bernie Sanders are out with this ridiculous bill to cap interest rates, which is so economically silly. Maybe I'll explain that in a second, too. But watch this. I'm going to take it a note. Price controls never work. But, you know, of course, liberals' facts don't really mesh. But watch these two hug at the end of this proposal to cap interest rate. It is the most awkward
Starting point is 00:48:48 thing I've ever seen. I'll describe it to the audio people. Let's go pull it together on it. Alright? See ya. Thank you. Bye. Bye. Oh my gosh. So, Bernie touches her
Starting point is 00:49:04 on the left elbow. She grabs him back on the shoulder. He's like unsure, like with the Joe Biden stuff. Do I hug her? She then seems to be like, well, I don't know. Is he unsure? I'm unsure. He's unsure.
Starting point is 00:49:16 And they like, it's just the most uncomfortable hug I have ever seen in my life. Hat tip, Mr. Producer, the Mark Levin Show. Just a quick note. I wasn't going to go going to go into this silly proposal to cap interest rates they're putting out a plan hey credit cards shouldn't be able to charge people more than 15 oh there you go nice um we have a story for the wall street journal bernie and aoc are a credit risk they would cap interest rates at 15 while letting the post office write loans. That's a great idea. Good work there. Folks, this is a price control, plain and simple. It is an effort.
Starting point is 00:49:50 What is an interest rate? It is a price for money, right? If I need a loan from the bank, that loan has a price to me. That price is the interest rate. If it costs me 6%, that's the price of capital. 6% to get my hands on some money. Now, a price control or controlling the price of money will do what price controls do everywhere they're tried, everywhere. There is no instance of price controls in human history where these things haven't happened.
Starting point is 00:50:17 The first thing you get is increased demand for the product. Well, why? for the product. Well, why? Well, if I haven't paid a loan off, Joe, in 50 years, and my risk for a credit card is probably closer to 25 or 30% interest because I never pay any money back, and then I can get a loan from the
Starting point is 00:50:33 credit card at 15%, then everybody and their mother is going to want a loan because it's below the price. Said easier because sometimes the price of money rather than tangible goods confuses people. If Bernie Sanders and AOC put a price control on Corvettes and said you can't charge more than $30,000 for a Corvette, everybody and their mother is going to want to go buy a Corvette
Starting point is 00:50:53 because they know the Corvette's worth $70,000 to $80,000 and they can get it for $30,000. Make sense? Yeah. Increased demand. What comes next in the price controls? Every single instance in human history. Decreased supply. Think of the Corvette analogy.
Starting point is 00:51:07 The Corvette population of the United States is going to dry up really quick because people are going to run to the dealer to get a $70,000 Corvette for $30,000. So why does decreased supply happen? Because the Chevy dealer is not going to continue to sell the Corvettes at a loss. He bought the car from Chevy for 50. He's got to sell it to you now because of the government for 30. What do you think he's going to do? Buy more?
Starting point is 00:51:32 There's not going to be any more Corvettes left. No. In the instance of the credit card price control, what's going to happen? People who are high risk, Joe, are just not going to get credit. You know who you're going to have to go to? You're going to have to go to the loan shark from Rocky. Remember Rocky one? He works for the,
Starting point is 00:51:48 I was told to break your thumbs. Remember? Rocky's the enforcer. I forget the guy's name. The loan shark. We'll get a thousand emails. But it was named Tony or something, whatever.
Starting point is 00:51:56 He's the loan shark in the neighborhood. He charges 90% interest or whatever. And Rocky breaks your thumbs if you don't pay him back. So good job, AOC, Tony to loan shark and Rocky to thumb breaker if you don't pay him back so good job AOC Tony to Loan Shark and Rocky to Thumb Breaker are back because of you finally you get black markets
Starting point is 00:52:10 which is what a Loan Shark is it's an unofficial money lending thing which you'll have, you'll have the Loan Shark and you get quality problems, why? because if you have to sell a Corvette at $30,000 and it's really worth $70,000 you're going to build the crappiest Corvette known to man
Starting point is 00:52:25 because you're losing money. You're not going to put any work into it. And either is the credit cards going to put any money into customer service because they don't care. They can't charge you what your risk is worth. Silly stuff. Silly. But this is what AOC and Bernie do.
Starting point is 00:52:39 Silly, nonsensical, ridiculous, absurd stuff. It's just, it's so easy to debunk. You don't even have to do a lot of homework. It's just, it's so easy to debunk. You don't even have to do a lot of homework. It's like, it's not even Econ 101. It's like Econ 0001. Like my daughter in first grade can figure this stuff out. Seriously, she's smart
Starting point is 00:52:56 enough. These two aren't, apparently. But that hog was awkward, wasn't it? Oh my gosh. He didn't even wait for the cameras to turn off. Oh my god, he's like, I don't know what to do. He's like, I know, they don't know what to do. It's so funny.
Starting point is 00:53:09 All right. This China story. I wanted to hit this because these were all stories I was supposed to cover yesterday, but man, we really got into that story. So here's what's going on with China.
Starting point is 00:53:21 I am a free trader. I've always been. I know it causes a lot of controversy on the show. But listen, I'm here to tell you the truth. And you don't always have to agree. As I emailed a gentleman this morning, my show is not for everybody. And that's okay. But I'm here to be honest with you.
Starting point is 00:53:35 And I'm not going to just fall in line with the political talking points today. I never agreed with tariffs. The problem is tariffs, which are taxes at our border. Let's not make any mistake about what they are. I don't know what else to do. And I don't think Trump does either right now to get the Chinese to engage in free trade. What they're doing now is not free trade. It's costing us a fortune.
Starting point is 00:53:58 Now, there are a number of problems beyond the scope of this show. Maybe I'll do a show on China one day specifically. But they have very shady government procurement methods other where their government buys stuff subject to rules that that other you know foreign companies aren't restricted to um obviously the way they're engaging in a surveillance state activities is troubling but what's most troubling to me is the fact that in order to do joint projects in china and their economy, American companies going over there have to forfeit their intellectual capital.
Starting point is 00:54:27 The Chinese say, okay, Apple, whatever, you want to come over and engage in the Chinese market, you have to give us your sensitive technology. Ladies and gentlemen, that's not free trade. It's not free. It's not free to American companies who have to forfeit their most valuable thing. Folks, a ransom.
Starting point is 00:54:42 This is my iPhone, right? What was that? What was blinking on there? What was that? That was really... I don't know. Folks, a ransom. This is my iPhone, right? What was that? What was blinking on there? What? That was really. Oh, that's the. Yeah, that's funny. It's not on my actual screen.
Starting point is 00:54:52 It's something blinking. It's a reflection. That's hysterical. Yeah, yeah. It's a reflection. That's my iPhone with a picture of my family on it right there. The valuable part of this iPhone is not the plastic or the glass. Frankly, it's not even the chip.
Starting point is 00:55:05 Tons of phones. Smartphones are not even, they're like commodities now. What's valuable about the iPhone is their apps, the intellectual property that went behind it, their iOS operating system, and the people who developed it. This is what's valuable. If you have to forfeit that, how your your product works not what your product is physically that's not the value how it works is the value and how it works was created in someone's head if you have to forfeit that we're not going to have an economy
Starting point is 00:55:38 again i'm not a supporter of tariffs but but in this case, I think the president is correct. There is no other way to get China to come to the table and say, we will stop stealing your stuff, other than to say, well, then we're going to price your stuff. Now, the tariff stories yesterday, literally yesterday's news, came out yesterday and on Friday, right? What's the problem China is going to have now? what's the problem China's going to have now? If they want to fight a war of attrition on trade, make no mistake, it is going to impact our economy. It is.
Starting point is 00:56:13 Let's not pretend it won't. But the impact to the Chinese economy is going to be catastrophic because now we have two problems. Well, I should say the Chinese have two problems. Problem number one is they export to us a whole lot more than we send over to them. And what they export as a percentage of their economy is enormous. Really, what we buy from China is a small sliver of our overall economy. It's not an insignificant one.
Starting point is 00:56:40 Don't mistake what I'm saying. But it is not enough to crash our economy. But what we buy from them, if we can slow that down, is enough to crash their economy. Secondly, Joe, put up that Investopedia story. The Chinese have responded by doing something interesting. This is a story from Up update in the 19th. They have been recently devaluing their currency again.
Starting point is 00:57:13 This is important, right before a lot of these tariffs. Now, why does devaluing their currency matter? Devaluing their currency just decimates and destroys their population. Devaluing their currency just decimates and destroys their population. Devaluing their currency makes their products cheaper again. Now, I don't want to hit you and hammer you to death with a bunch of useless facts and tidbits, but this is critical. Taxes at the border of the United States, what we call tariffs on Chinese goods, make those products, those Chinese goods, more expensive. Simple as that.
Starting point is 00:57:46 If a Chinese good coming into the United States costs 100 US dollars and we put a 25% tax, it now costs $125. Bingo. Which makes people more likely to buy another product that's $100. Right. Right?
Starting point is 00:57:58 If there's a Chinese widget, an American widget, they'll buy the American widget for 100. The problem is with tariffs, a lot of American widgets will then raise their price to $125 because they know the Chinese product is $125 too. What the Chinese are doing is they're making their currency less valuable to make those exports to the United States cheaper despite the tariffs. You may say, wow, well, that's a win for China. We impose a 25% tariff but now that $100 widget is now only $75 coming in
Starting point is 00:58:27 so effectively it's the same price it was before. Does that make sense Joe? It offsets the tariff. Tariffs make the price go up. Devaluing your currency makes the price go down.
Starting point is 00:58:36 Yeah. You may say to yourself wow that's a win-win for China. No, no, no it's not ladies and gentlemen because it makes Chinese workers work a whole lot harder to produce products for us at less money than they were compensated for them
Starting point is 00:58:54 before. Remember, they were selling the same widget before the tariffs for $100. If they devalue their currency, it's the same widget. Nothing happens to the widget, just the paper behind it's worth less. So now the same widget they worked their butts off to produce is now being sold for $75 to compensate for the tariff, which means their wages go down in China and their workers have to work harder to give us the same amount of stuff.
Starting point is 00:59:23 What I'm telling you, ladies and gentlemen, is the Chinese have no way out here. They either can stop stealing our stuff, go to zero tariffs on our goods as we reciprocate, and if we're finally back to free trade, or they can watch their economy suffer, and they can watch their people, their own people, work twice as hard to produce for us
Starting point is 00:59:43 the same amount of stuff we bought in the past. Either way, we win. They are in a world of trouble, and the Chinese know it. You know what? Tomorrow, I'm just going to get to this today, but I want to get to a New York Times story tomorrow about what was left out of the Mueller report. There's a key part of that, so I'll get to that tomorrow. Just one sentence. Even the New York Times started to acknowledge what a disgrace it was.
Starting point is 01:00:07 But just to end the show, I said i'd hit this with the pc thing the pc arrest the poppinopolis at dulles airport i can't listen to yesterday's show at the end i can't emphasize enough how unusual this is the fact that they arrested muller's team a key figure what they thought george poppinopolis to this whole russian collusion thing remember he's told by allegedly miss sootod about the Russian derby. With a PC warrant, meaning, excuse me, with probable cause, not a warrant. They didn't show up with any warrant at all. That is highly unusual
Starting point is 01:00:34 amongst federal agents. It's not uncommon amongst Border Patrol, FBI, police, CIA police, State Department police, but amongst 1811s, the suit-wearing federal agent crowd. I cannot emphasize to you enough how unusual a probable cause arrest is. It says to me, again, if you listen to the ND Yesterday show, that they panicked about Papadopoulos. And as I saw Maria Bartiromo tweet this morning, I think everybody's starting to get around to the fact that Papadopoulos was set up with that $10,000 coming back into the airport.
Starting point is 01:01:03 They got him at the border because they knew they could search him without a warrant. He didn't have the money and they panicked and they had to arrest him on probable cause because a warrant they thought they were going to swear out about this money charge in the United States didn't happen because Papadopoulos didn't have the money. Very, very important. We'll hear more about that soon. I'm sure of it. I got more for you coming up this week too.
Starting point is 01:01:24 I'm working some stuff, shaking some trees. So have no fear folks. Hey, thanks a lot for tuning in. I really appreciate it. Please subscribe to the show, youtube.com slash Bongino and our audio show available on the Apple podcast app. Also available at SoundCloud and iHeartRadio. The subscriptions are all free, but we really appreciate you doing that. Thanks a lot. I'll see you tomorrow.

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