The Dan Bongino Show - We Need an Immediate Exit Strategy (Ep 1217)

Episode Date: March 31, 2020

In this episode, I address the brewing plot by Nancy Pelosi to attack the Trump administration in the middle of a crisis. I also address the exit strategy from this economic shutdown that must be impl...emented immediately. Finally, I address the latest Moscow Maddow meltdown.  News Picks: The US death rate from the Wuhan virus remains low. George Soros is back! President Trump mentions the potential theft of masks and the media loses their minds. Except for the fact that they already spoke about it themselves.  The DOJ is investigating the stock trades of this US Senator, before the pandemic. Freed inmates are being given cell phones, cab fare and hotel rooms.  Moscow Maddow face plants again while promoting fake news.  Nancy Pelosi is an embarrassment to the country. The left, and their media allies, are on the wrong side of the fight for a coronavirus treatment.  Is the North Korean tyrant getting ideas from the pandemic? Nancy Pelosi is already preparing for a political battle. Copyright Bongino Inc 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 pelosi strikes again incredibly i don't mean that strikes again like roger clemens throws a strike or something like that i mean strikes again um putting out there just pure idiocy for all of us to lap up. It's just ridiculous. I've got that. I've got some other stories on some suspicious stock trades. There's been a development on that by some insiders and an exit strategy for all of us to get our economy back as soon as possible. Today's show is sponsored by ExpressVPN.com. We love ExpressVPN. Your online data is your business, nobody else's. Keep it safe from prying eyes. Go topn.com we love expressvpn your online data is your business nobody else's keep it safe from prying eyes go to expressvpn.com slash bongino welcome to the damn bongino show producer
Starting point is 00:00:52 joe how are you today fine sir oh doing pretty good man doing pretty good ready good ready to go tongue-tied as usual yes thank you for all the uh listeners and viewers on yesterday's show we appreciate it it's going to be a stacked show so let's get right to to it. Today's show brought to you by Buddy's at Helix Sleep. Ladies and gentlemen, Helix Sleep has a sleep quiz that takes just two minutes to complete, just two, and matches your body type and sleep preferences to the perfect mattress for you. Are you a side sleeper, a hot sleeper? I am both. You like a plush or a firm bed?
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Starting point is 00:02:17 Go today. Thank you, Helix Sleep. All right, Joe, let's go. Up and away. Yes, sir. Now, we're going to do, as we do every day kind of good news bad news because i'm not doing 24 hour hysteria and panic if you want that you're gonna have to go somewhere else listen our business took a hit we're all taking a hit we're gonna try to get through this together we're gonna work our butts off this is america in the end we always come out on the right
Starting point is 00:02:43 side of these things we're gonna come out of this one. I'm not minimizing anything. This is going to be a struggle, but I'm not doing 24-hour panic and hysteria. I'm not. But there is some bad news here, and the bad news continues to get worse on this just atrocious, awful stimulus bill. It's not a stimulus. It may have been a bandaid. It is not going to stimulate anything. And ladies and gentlemen, I have some numbers in a Wall Street Journal piece. Now that it's all kind of come out that are going to start to really tick you off. And why do we bring this up? You may say, well, Dan, why bring it up now? Yeah, because ladies and gentlemen, they're talking about phase four of the stimulus bill. We haven't even determined what phase three,
Starting point is 00:03:26 now that we have the numbers, is going to do or not do. And the numbers are troubling. And now you want phase four. And the rumor I'm hearing from the inside baseball folks is this, and this will not surprise you one bit if you're a regular listener to this program. Nancy Pelosi and her radical Democrat loons are already loading up phase four with all of their Green New Deal, radical leftist social welfare policies that are going to change and alter the U.S. economy for decades. Sure. Joe is totally unsurprised. I'm just warning you. Phase three, which was the air quote stimulus bill, we're already having trouble with. But now they already want phase four. Remember the Democrats motto as per Rahm Emanuel, Barack Obama's former chief of staff and mayor of Chicago. Never let a crisis go to waste.
Starting point is 00:04:19 Let's go to the Wall Street Journal today, which has some pretty damning numbers on the Wuhan virus from China stimulus bill. Headline, save capitalism from the CARES Act. It was called the CARES Act. I love how they call it that. The stimulus is the largest step towards a centrally planned economy that America has ever taken. By the way, the researchers who wrote this piece are serious people. It's in Gallus and Saru. I've seen some of their stuff before. I listen to an economics podcast often, and they've done some significant work on this. Folks, centrally planned economy.
Starting point is 00:05:01 Those words were not chosen in the sub-headline of that piece randomly understood central planning is code word not code word it's it's equal to socialism that's what central planning is the government control the means of production now that's their sub-headline Now, that's their sub-headline. Let's go to some of the numbers here. Take one on this. So they make the point that, keep this up for a moment. If you want to watch along at home, youtube.com slash Bongino, if the visuals help.
Starting point is 00:05:41 There were $377 billion in loans guaranteed to small firms on this. Well, that's interesting, Joe, because as the piece states, the $377 billion of the $2 trillion package is directly targeted to these goals, these small business loans. These are loans to small firms, fewer than 500 employees. They're forgivable if the funds are spent on payroll, rent, mortgage, interest, and utilities. Okay, as I've said frequently,
Starting point is 00:05:58 I don't think a bad idea, given that the government shut these businesses down, they didn't shut themselves down. But let's get into the numbers. By using the census data, the most recent data, Joe, these researchers calculated the total expenditures in payroll, interest, and rents of all the U.S. small firms in America,
Starting point is 00:06:16 which amounts to $258 billion a month. So unless the Trump administration and these radical Democrats, which I'm throwing in there, by the way, in Congress, start introducing criteria for selective targeting,
Starting point is 00:06:30 the money allocated in the CARES Act will run out in a month and a half. Designing conditions for targeting isn't easy. It may slow it down and speed is of the essence,
Starting point is 00:06:41 but we fear the administration will soon come back to Congress with a new request for money. What's the problem here, ladies and gentlemen? Folks, if there's $377 billion in loans and the entire outstanding small business load of expenses for payroll, interest, and rents is $258 billion, then the simple math indicates that in a month and a half, the money will be gone. What's the issue with this folks? The issue is 258 billion is every small business in America's month. Ours included.
Starting point is 00:07:15 We have fewer than 500. I don't think we have any employees. We have contract. Oh yeah. Sorry. What? Paul is like, I say I need to,
Starting point is 00:07:24 she's the business master folks some of these businesses i i i mean i'll just use my we don't need that money we don't need a loan we may we don't now we don't need that we have to be careful about who we're giving these loans to. There are businesses legitimately struggling that need these bridge. They need them. There's no, listen, there's no question. They did not shut down on their own. There's nothing they did wrong. The government has shut them down. But ladies and gentlemen, this money, if the money is distributed to people who don't need it, we'll not only crowd out private loans right now for credit worthy
Starting point is 00:08:10 businesses, but we'll also drain the money from people who do need it to stay alive. And we'll have to come back again in a month and a half for more money, which has to come from us. The government doesn't produce any. There's no slush fund. It's not a business. It's not producing value-added items.
Starting point is 00:08:33 The government is simply taking the money from your future tax receipts for now. Folks, we have to do something immediately before this phase four comes in to better target this. We have to. This is already done and signed. The money's already out there. These bridge loans are going to be available.
Starting point is 00:08:51 No talk of phase four should occur at this point without, delivering it to businesses that aren't struggling in perpetuity in lieu of giving it to businesses that are struggling because of what the government did to them. The numbers aren't adding up, folks. Let's go to part two. Another argument for targeting this relief better. Quote from the journal, the expectation is that the central bank
Starting point is 00:09:29 will leverage this money. This is 454 billion in loans from the treasury given to the Federal Reserve to backstop loans. They're going to leverage these loans, ladies and gentlemen, at 10 to 1, which equals by simple math, 4.54 trillion in loans available from the federal reserve to companies. Remember the bank doesn't loan out dollar for dollar when it gets in,
Starting point is 00:09:51 the bank gets money, loans out money for the future at a, at a certain leverage fraction. If the feds going to leverage this money, it gets from the treasury at 10 to one that makes 4.5 trillion available to companies. But that sum is more than all U.S. commercial and industrial loans outstanding at the end of 2019.
Starting point is 00:10:11 All of it. There's only $2.3 trillion, Joe, in all U.S. commercial and industrial loans outstanding. Plus, if you factor in the new corporate bonds issued, that's $1.41 trillion more, which is still less than $4.54 trillion. Thus, if this capital is all deployed by the Fed and at rates, meaning low interest rates that will crowd out private capital, all capital, listen to this, listen to this line. This is the key
Starting point is 00:10:39 takeaway, the bell ringing ding ding moment. If this happens and all this money is lent out by the fed backstop by the treasury all of the capital allocations in the united states in 2020 the fancy word for loans will be done by the federal reserve system not by the capital market this is the largest step toward a centrally planned economy the U.S. has ever taken. Even worse, ladies and gentlemen, it only socializes the losses, meaning the taxpayers will pay for it. The profits, when they come, remain private. I'm just giving you the numbers, folks. I'm just giving you the numbers, folks.
Starting point is 00:11:27 The United States government, through its central bank and its treasury, will be the single biggest loan portfolio manager in the history of humankind. I'm just giving you the numbers. And you want phase four? Not good, bro. How about we work on phase three three first then start seeing where this money's going so i'm crystal clear on this because i don't want any confusion because we have liberals who listen to this show that candidly i'm serious or not that bright i read their emails if you read them you'd come to the same conclusion i get it the government shut these businesses down. If we destroy, as the article states too, and they're correct, these two researchers.
Starting point is 00:12:11 If we wipe out our productive capacity, remember the tree farm example I gave you? You get a tree farm. You can't start selling trees for five years or so. They have to grow. So for five years, you're not making any money. You're eating up your working capital. And then after five years, you have big trees, small trees, medium trees. You can start selling them
Starting point is 00:12:27 and you just keep replanting the trees. You don't have to start over. If we wipe out and burn down the whole tree farm by not providing bridge loans to struggling businesses because the government shut them down, we'll have no tree farm. You'll have a bunch of dirt. I get it.
Starting point is 00:12:40 But if you have a tree farm down the street that's selling a lot of trees right now because certain areas of the country need trees or whatever it may be, or they're not struggling with the virus. They don't need a bailout. They don't need a loan while others may, maybe it's a good idea right now to start targeting this before the United States government becomes the single biggest loan portfolio manager in the
Starting point is 00:13:02 history of humankind. Just the thought. Don't forget those numbers, ladies and gentlemen. Every single outstanding corporate bond, corporate loan in the United States doesn't equal the amount the Federal Reserve is about to distribute in money. The numbers don't lie. People do.
Starting point is 00:13:30 All right. Now let's get to kind of an optimistic note because we can still fix this. I gave you yesterday my battle plan to get out of this. If anyone had the guts to implement it, it would be absolutely terrific. But I think that battle plan would work in not only getting us out of this crisis, because we've always come out on the other side of this crisis, a better, more prosperous country, always. The civil world, World War I, World War II. I mean, everything that's happened to us, the Spanish flu, we've always come out on the other side more prosperous because it's just written into our gene code. It just is. There's something different about this place and the people who come here always. But we need an exit strategy from this shutdown.
Starting point is 00:14:14 And ladies and gentlemen, I can't propose this in strong enough terms. It has to be announced now. We cannot shut down the American economy past April 30th. I think people have written into the books right now. President Trump announced it. We're going to keep these social distancing guidelines until April 30th. A lot of these decisions to be candid are not up to the president. They're up to the state governors and the localities.
Starting point is 00:14:40 So any liberal looking to blame president Trump for the economic shutdown, Joe's in Maryland. The governor of Maryland's Larry Hogan. He just basically instituted, what was it up there, Joe? Non-essential businesses have to shut down. So you'd be more free. He's up there. I used to live there.
Starting point is 00:14:57 I don't anymore. These are state decisions. You can agree with them or not, but they're not President Trump's decision. But he has made a decision nationally to implement these social distancing guidelines to April 30th. Folks, we need to announce the exit strategy from this now. This is not as ridiculous liberals living in a media bubble in the Amtrak DC Washington corridor who never get out and talk to real people. This is not a blood sacrifice like these morons in the media who don't actually work for a living keep saying. These are real people who need to go to work to live, to feed their families who don't want to be standing on bread lines in six months, who had profitable, hardworking businesses just months ago
Starting point is 00:15:42 who are being left out we need an exit strategy announced now and the journal today has a good piece about this it's worth reading i'm not going to read the whole thing obviously but there are four highlights for the and when i say exit strategy i mean an exit strategy from this de facto national business shutdown and it must be announced today apr April 30th. We've given the statisticians, we've given the medical professionals, and we've given the scientists room to implement their models.
Starting point is 00:16:12 Their models have not exactly been accurate. They've been all over the place. The social distancing has clearly worked. There's the slope of some of these curves based on the number of infections per person have leveled out. It's now time to announce a battle plan so businesses can understand and get ready for an April 30th unleashing in this economy so America can get back to work. Media, you know, my friend Greg Gutfeld, who's a good man, said it yesterday. And it was a moment of self-deprecating humor, but it was worth listening to on the five.
Starting point is 00:16:44 yesterday and it was a moment of self-deprecating humor but it was worth listening to on the five gutfeld who gets it because he worked in real places and at actual jobs before being in the media gutfeld said yesterday you know it's easy for us sitting here on the five all of us have jobs we're okay it's easy for us to talk about this. What about the people out there humping for a living, working for a living? What about them? People busting their asses. What about those folks? It's easy for us to do shows like this and write pieces about it.
Starting point is 00:17:17 What about the restaurant owner, the cab driver, the Uber guy who hasn't had a pickup in three weeks? What about them? We need the exit strategy announced now. Let's get to it. Wall Street Journal piece. Very good. Talks about four components to what that would look like. How to get America working again. Any sustainable
Starting point is 00:17:35 strategy against the coronavirus has to balance public health and economics by Kaplan and Levy. Piece number one. We need mass testing. I know it started out slow i get it the testing was not set up for this i'm not apologizing for the president the administration or anyone i'm not interested in doing that i'm simply here to tell you our testing infrastructure for a pandemic was set up for satellite testing and surveillance testing it was not set up for mass testing. They fixed it. They're working on it now. I don't blame whoever you want. I don't care. Phase number one of this expands testing. No return to work strategy is feasible without mass testing of the affected and the asymptomatic. The asymptomatic could be low-level spreaders, could be high-level spreaders. We don't know. The data has been all over on this singapore and south korea deployed
Starting point is 00:18:25 extensive testing contact tracing community surveillance and isolation and quarantine of contacts and contain their outbreaks without massive economic damage the march 29 data shows that incident rates in singapore and south korea were less than 12 percent of italy's and the death rates 150th is large german and israel which likewise acted quickly and decisively, also have far lower death rates than Italy and Spain. Ladies and gentlemen, we get this mass testing, which has been dramatically ramped up by the Trump administration. When we find out who the asymptomatic carriers are, people not showing symptoms who don't
Starting point is 00:19:02 know they're sick, who test positive. It can't be done by testing 330 million people. It can be done by testing random sampling in communities and getting an idea of how prevalent this is. Then we can ramp up to mass testing that by April 30th, we'll know who coming into the office has it, who doesn't. Those people will have to stay home, contact trace them, tell those other people to stay home too. And you will get what happened in South Korea where they had one twelfth of the numbers Italy did. And they didn't have the massive sustained economic damage we're having right now. We can fix this. Don't be the Will Smith character in I Am Legend at the end.
Starting point is 00:19:46 Where he's all skeptical. Watch that movie. I bet that movie and Contagion, I think, are two of the most viewed movies on Netflix or whatever right now. That movie Outbreak, which I don't like that movie. The Mutaba. I wasn't a big fan of the movie.
Starting point is 00:19:58 Dustin Hoffman just was a bad fit for that role. Let's go to exit strategy number two. First, mass testing. Number two, the government should conduct serological testing. In other words, screening the blood for antibodies to see how many in a random sample of Americans have already recovered from COVID-19. This information will give scientists a more accurate estimate of the mortality rate, which, if on the low end of current estimates, may allow for some public health
Starting point is 00:20:25 measures to be relaxed. Folks, I have been arguing this from day one. There is, I can't say this in strong enough terms. There is no question this is a serious public health disaster. Period. Full stop. Nothing else needs to be added to that. The real question is not, is it serious? Disregard that. Asked and answered. The question is, on a gradient,
Starting point is 00:20:54 how serious of a threat to human life is this? Ladies and gentlemen, that question matters. If it had the fatality rate of Hanta, Lassa fever, Ebola, the Ebola virus, yes, this would require draconian measures to keep half the US population alive. Mm-hmm. If we get serological testing and people find out they had the coronavirus and they'd already recovered and didn't know it, thought they had a cold, thought they had a flu and didn't, we will get a better estimate of how fatal this disease is. And if the fatality rate is something resembling the flu
Starting point is 00:21:34 or five or six times the factor of the flu, then we know the public response. We know how to grade it. We don't shut the country down for the flu flu despite the fact it's fatal in many cases it's not serious it's how serious the question is isn't it serious we already asked and answered that yes it's how serious because if it is more serious and more fatal than we think then maybe the public health measures we implement would have to continue. If it's not as fatal as we think, then we have to take into account other factors here as well.
Starting point is 00:22:14 Again, ladies and gentlemen, anybody who gives you the simplistic talking point right now while you're unemployed, losing your job, and at a red line of stress right now. and at a red line of stress right now. Anyone who gives you this simplistic talking point, you know, it's not worth one human life. Ladies and gentlemen, we put a price on our own lives every day. We take risks in our lives because we have to survive. Police officers, like I was,
Starting point is 00:22:42 go out every day to work, candidly for menial, nonsensical salaries. They work for peanuts. Believe me, very few of the cops I know are getting rich out there. They risk their own lives every day because they have to survive and they do a job they appreciate and love. People travel on planes all the time and in cars despite the risk because they have to survive. We as a human race, as a country, have to survive this. We can't bankrupt the whole country if we don't have accurate data. We need that testing for antibodies. Stat. Three, we have to protect the most vulnerable. There's no question right now we know who the most vulnerable are.
Starting point is 00:23:21 We have to protect the most vulnerable. There's no question right now we know who the most vulnerable are. People who are susceptible to hyperinflammation and cytokine storms and an immune response and the elderly. We know that. The piece says, fortunately, screening for hyperinflammation is relatively straightforward and expensive. And targeted therapies for cytokine storm syndrome are already in clinical trials. Let me just translate that for you for a moment.
Starting point is 00:23:45 Ladies and gentlemen, sometimes it's not necessarily the virus that's killing people. It's the immune response within the lungs causing pneumonia and causing basically a suffocation effect. Some people are more prone to an exaggerated immune response than others. That's what they're referring to with this hyperinflammation cytokine storm. We also know the elderly. If we can test and figure out if you're prone to that, we already know if you're elderly, you don't need a test for that. We know your age, you know your age. Then we can focus our assets, our isolation efforts, our social distancing efforts on
Starting point is 00:24:20 those vulnerable crowds to protect them. We can then let the young go back to work. Four. Ladies and gentlemen, we got to open businesses where close contact's not an issue. Quote, many of the 7.6 million jobs in construction can be performed by physically separated workers, allowing construction to restart, restore millions of jobs
Starting point is 00:24:45 and reactivate the sector's extensive supply chains of building materials and products, plus the services that support them. I see no reason, if you're on a job site where social distancing is the norm, not the exception, you're laying brick here, someone's pouring concrete there, if we can do it, then why not do it? Why are we shutting down these sites? I don't understand. It doesn't make any sense. Folks, combine this with yesterday's
Starting point is 00:25:15 show. We implement those four mechanisms right now. We implement some serious financial house ordering tomorrow. And I'm telling you, we could come out of this on the other side with decades, decades of growth and prosperity once we get through the hard part, the down part, the bottom of that V. But we got to get serious. All right, I got some more about Pelosi. Some of you were a little confused about the tweet yesterday about pelosi it's my fault i i've run the gamut from over explaining things and under explaining things sometimes um so so i was hesitant to explain all that but i'll get to
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Starting point is 00:27:58 She's like, I just went inside the bedroom, and next thing you know, you were snoring. That's what was going on. All right. Nancy Pelosi's an embarrassment to the country at the congress we already knew that embarrassment to her caucus she's a liar she's really of all the awful swamp you know creatures i've ever seen in my life pelosi is basically the lord of the rings on that one it's really uh really getting bad ladies and gentlemen if you think for a second, Pelosi's primary focus right now is getting us through this health, financial, and economic crisis that it's morphed into, I'm sorry,
Starting point is 00:28:34 you are out of your mind. Nancy Pelosi's priority number one, as I discussed before, is going to be to dramatically expand the welfare state through a bunch of inefficient, ineffective government spending mechanisms that will do nothing to help small businesses recover from this. And priority number two is she's already starting the investigation and likely second impeachment of Donald Trump. Ah, you don't believe me? Hmm. Let's take it from Nancy Pelosi and her pal, Lawrence Tribe, themselves.
Starting point is 00:29:03 Don't take my word for it. Just listen to them. First, let's go to The Daily Caller because Nancy Pelosi is now her new line of attack where she's going with this because remember, she's not interested in solving
Starting point is 00:29:13 this crisis right now. I'm sorry if you felt that way. Your mistake, not mine. Nancy Pelosi is already involved in an investigation of Donald Trump and the headline to that investigation of Donald Trump is going to be what did Trump know
Starting point is 00:29:24 and when did he know it, Joe? Because he underreacted. He missed the ball and people died. It's going to be Trump lied, people died. Mark it. Mark the time, mark the date. I discussed this yesterday. Now, I put out her tweet yesterday and a couple of people said, well, Dan, Nancy Pelosi's objection to the travel bans while the Wuhan virus crisis was exploding around the world. She mentioned the African countries. Yet that's the point. I'm sorry.
Starting point is 00:29:55 And forgive me for not explaining. It's not me trying to like reverse cover. That was the whole point. She was using identity politics. And in order to avoid having to cover our tracks later about what's going on in China, because she figured that wasn't a palpably good talking point. She's like,
Starting point is 00:30:10 we need a no ban act. And look at these African countries. Trump's a racist. Basically. That was the point. She knew what was going on around the world and saw an opportunity to nail Trump with identity politics and introduce this act to ban travel bans. And she tweets about the African countries.
Starting point is 00:30:27 That's what she was doing. Yet she's now claiming Trump underreacted and missed the ball with a travel ban that unquestionably helped us keep a larger percentage of people who may have been infected with the Wuhan virus from entering the country. Or as Joe Biden calls it, the Luhan virus. Don't forget Pelosi's line of attack. Trump underreacted. Not us.
Starting point is 00:30:56 We saw the threat here, Joe. Despite her trying to introduce a measure to repeal travel bans. This is real. This is Nancy Pelosi in live time with the assistance of a complying, bootlicking, ass-kissing media. Trying to literally rewrite history. From the Daily Caller piece. This is a good one in the show notes. William Davis.
Starting point is 00:31:22 Flashback. February 24th, Joe. The Wuhan virus is raging all over the globe right now. Mm-hmm. February 24th. The red alarms and sirens are going off everywhere.
Starting point is 00:31:36 February 24th. Pelosi stands in San Francisco's Chinatown and urges people to come out. Yeah. Here's a local news report. I'm not kidding. A video of Pelosi who's claiming Trump missed the ball. urges people to come out. Yeah. Here's a local news report. I'm not kidding. A video of Pelosi was claiming Trump missed the ball.
Starting point is 00:31:50 He didn't see the threat. Here's Pelosi walking around, no social distancing at all, urging people to come out and join her in Chinatown in San Francisco. Mentions nothing about social distancing, the danger or anything, because, you know, businesses are struggling. Here's Pelosi. It's exciting to be here, especially at this time, to be able to be unified with our community.
Starting point is 00:32:17 We want to be vigilant about what might be on, what is out there in other places. We want to be careful about how we deal with it. But we do want to say to people, come to Chinatown. Here we are. We're, again, careful, safe, and come join us. That's KPIX out in the West Coast. Pelosi, for those of you not watching on our YouTube, again, youtube.com slash Bungie if you want to see the visuals.
Starting point is 00:32:43 Pelosi is in a gaggle. Joe, is there any social distancing there? None. Packed together like sardines, youtube.com slash Bungie if you want to see the visuals. Pelosi is in a gaggle. Joe, is there any social distancing there? None. Packed together like sardines, man. Thank you. You're right, they are. Packed in like this with inches between them. Telling people to come on out. Come on out.
Starting point is 00:33:03 February 24th. There's no secret on February 24th about what's going on. Everybody at this point knows there's a serious problem brewing around the world with the Wuhan virus. She's on tape. She's on tape. And she's already preparing. Pelosi should be impeached for underreacting pelosi she's claiming trump did despite the fact that the travel ban
Starting point is 00:33:33 happened at the end of january now even the wall street journal which is you know they they're right-leaning the wall street journal their which is, you know, they, they, they're right leaning the wall street journal, their opinion column. They do straight news on the other side, but they're not overly conservative. Even the journal is starting to pick up on this. What's going on right now, how Pelosi's already writing the strip script for impeachment round two,
Starting point is 00:34:01 take it from them. The wall street journal editorial board, Pelosi cast the first coronavirus stone. The speaker compares Trump to Nero and blames him for deaths. Oh, really? Look at this little gem halfway down the piece. Don't take it from me. This is the journey. They do this all the time. Why go there, they say? Why go where? In other words, Pelosi saying Trump missed the ball trump lied people died joe he underreacted why go there the journal says well the cynical interpretation is that miss
Starting point is 00:34:32 pelosi and her allies have seen the polls that show a majority of the public approves of mr trump's handling of the pandemic gosh can't have that joe perhaps she wants to undermine that perception she does because that's who she is she's a snake she may also be sending a message listen to this to her left-wing allies that even if mr trump wins re-election she'll be happy to investigate and impeach him again for his virus response bingo here it comes kids sir no interest at all in fixing this problem right now which we will fix because we're america none this awful swamp rat the worst of the worst the worst of the worst the boss of the worst. The worst of the worst. The boss of the bad people. Schiff, Nadler, she's the boss.
Starting point is 00:35:29 You have the evil people and you have the evil supervisor. This is what she's doing right now. She's already trying to establish to her cronies in the media these sycophantic, acolyte lapdogs who will drink this up.
Starting point is 00:35:47 That Trump didn't do anything. I did. I did. Nancy, you're on tape. You're on tape recommending people in a gaggle of reporters. You're on tape recommending people come down, shop, do your thing, man. You're on tape. Do you think we missed this?
Starting point is 00:36:03 You tweeted out that this travel ban, you were going to try to reverse it. Playing identity politics games. Did we, did you miss that? Your tweet wasn't deleted. Here's some more evidence that Pelosi, by the way, ladies and gentlemen, the Democrats run the House.
Starting point is 00:36:22 I know you all understand this. Pelosi is the Speaker of the House. The Democrats have the majority run the House. I know you all understand this. Pelosi is the Speaker of the House. The Democrats have the majority in the House of Representatives. If Pelosi wasn't setting up Trump and didn't understand she had a black eye on her face with this No Travel Ban Act, which a few people email me about. They're like, no, no, she was talking about Africa. No, she knew exactly what she was doing, folks. She was playing identity politics.
Starting point is 00:36:44 Please take it to the bank. But if it didn't have anything to do with the travel ban and didn't have anything to do with the virus, as some of my couple critics said yesterday, Dan, that travel ban she wanted revoked had nothing to do with that. Really? Let's look at this Fox News story. Then why did Pelosi, who was the Speaker of the House with the Democrat majority, headline Fox News' Brie Stimson, House polls bill that would rescind prior Trump travel ban amid coronavirus outbreak? Well, golly, why would she do that? Quote from the piece the bill was pulled after house republicans this week urged speaker pelosi to shelve the legislation due to coronavirus outbreak i thought it had nothing to do with
Starting point is 00:37:32 corona i thought it had nothing to do i thought this rescinding the travel bans had nothing to do with corona so why would pelosi agree well pelosi would agree because she knew she had egg on her face because she knew that travel ban was going to keep the infection rate down so she quietly like pulled that little no ban act thing because you can't have the no ban act out there if you're going to do what Joe if you're going to accuse President Trump of underreacting, and you can't accuse President Trump of underreacting if he has a travel ban, which every single scientist on the planet worth his salt
Starting point is 00:38:12 will tell you clearly prevented a mass infection in the United States. Tell me again how, no, no, Pelosi, she was genuine in that. It was about other stuff. Sure. I'm not, no, I like you. I'm not playing. I don't want to be a sarcastic jerk with that. Forgive me. Your emails are great and you keep me frosty, but that's my fault for
Starting point is 00:38:34 not explaining that better yesterday. Pelosi, bottom line, knew exactly what she was doing with that tweet. And believe me, it had everything to do with coronavirus and what she thought wasn't probably going to be as bad as it was. And now she realizes she screwed up bad. Now, who's Nancy Pelosi's buddy? It's alleged that this is the guy who recommended to her that she hold the impeachment articles. We're not delivering them to the Senate. Remember that disaster? She looked like a fool. Yeah. Yeah, Nancy Pelosi. Again, anyone telling you she's some shrewd political tactician, she's a joke. She's an embarrassment.
Starting point is 00:39:12 She's embarrassed herself, embarrassed her caucus. She has been just wrecked on holding the impeachment articles, the impeachment, which bumped up Donald Trump's approval rating, holding the bill back for this pork-laden stimulus thing. She wanted the number of white people on people's boards as part of the bill, the airplanes to go like run on solar power or some ridiculous Green New Deal stuff. She just keeps face planting left and right. And the reason she keeps face planting left and right is because the rumors out there is that she's listening to this guy. Here's a tweet by Lawrence Tribe, who has given her so much bad advice,
Starting point is 00:39:48 it's astounding anyone takes this seriously. Here we go. He's at Tribe Law on Twitter. Here we go. Again, you don't take it from me that they're setting up round three against Donald Trump. Collusion hoax, Ukraine hoax. Here we go. The Trump didn't respond hoax.
Starting point is 00:40:02 Here we go. Lawrence Tribe, who Nancy Pelosi's buddy, quote, ukraine hoax here we go the trump didn't respond hoax here we go lawrence tribe who nancy pelosi's buddy quote if withholding essential aid from ukraine until it did trump's bidding was impeachable another hoax again and it was he says why isn't doing that to new york michigan washington or other blue states equally impeachable asking for a friend wonder what friend that is Equally impeachable. Asking for a friend. Wonder what friend that is. Oh, gosh.
Starting point is 00:40:31 Can't figure that out. Wonder who he's asking for. Don't take it from me. Man, that's a conspiracy theory that they're setting him up for impeachment. It is. And why is Lawrence Tribe talking about it? that they're setting him up for a P. It is, and why is Lawrence Tribe talking about it? Why is Nancy Pelosi floating a clear 100% black and white hoax that the president underreacted
Starting point is 00:40:52 while she knew what was going on when she's on tape with doing the exact opposite, underreacting while Trump instituted a travel ban. Why? Because Nancy Pelosi and the rest of her ilk are garbage people. They're garbage people. That's all they are. Thank you to the lady, by the way, on Twitter, who hashtag garbage people.
Starting point is 00:41:13 They're garbage people. They're not serious people. Again, it's not that Nancy Pelosi is not looking to help in this crisis. She's actively making it worse. She's allocating her workday time and assets toward an impending investigation in Donald Trump for a potential another round of impeachment while we're in the middle of a global health pandemic. She's a garbage person. Hat tip, Congressman Lee Zeldin from New York won, by the way. I saw this on his Twitter feed. You need photo evidence? Let me describe to you some of these photos on his Twitter feed.
Starting point is 00:41:47 Let's show this one. Here's number one. What was going on in January? This is January 29th, ladies and gentlemen. It's a picture of Donald Trump. Looks like the sit room, the situation room at the White House. Gathered around with his coronavirus task force. See Dr. Fauci, the CDC head, head of HHS. You see a bunch of President Trump's
Starting point is 00:42:09 highest level cabinet members around talking to the president on what clearly is a secure teleconference air on January 29th about what's going on in their response to the coronavirus. That's January 29th. Let's look at picture 2 in the middle of January January 15th when Nancy Pelosi was up to oh here we go here's Nancy who was all over the crisis Joe on January 15th with her impeachment
Starting point is 00:42:37 pens there you go yes remember the impeachment pens she signed the article of impeachment with 2,752 pens that are probably on ebay right now for sale for liberal lunatics to buy look at her smiling that's what nance was doing and just a couple weeks later we were in the middle of an impeachment trial on another pelosi schiff nadler sch tribe, hoax.
Starting point is 00:43:07 See all that, Joe? Picture's worth a thousand words. A picture's worth a million words in that case. Yeppers. Trump in the Situation Room. What are we doing about this Wuhan virus from China? Nancy Pelosi, impeachment pens for sale. $22.
Starting point is 00:43:25 Donate them to my website. Tell me again how Pelosi's not a garbage person. Yes, it's Trump that underreacted. That's right. It's Trump. Another listener said to me, you know, Dan, this guy, Alan, he writes some nice stuff. I always appreciate it. He said, you know, you should probably drop that line. You say a lot that, you know, we think liberals are people with bad ideas and they think we're bad people with ideas.
Starting point is 00:43:51 That's the difference. No, no, I'm not dropping that at all. I've tried repeatedly to argue ideas in good faith. You can't do that with people with bad character. Liberals don't even try to argue ideas with us. Maybe it's a better way to frame that. They don't even bother. They just lie from the start. You think Nancy Pelosi has any evidence whatsoever to back up her hoax that President Trump underreacted? Trump lied.
Starting point is 00:44:20 People, she has none. The evidence is against her. There is no argument there. I'm telling you repeatedly, having run for office and having been there, I have tried to argue the facts and data with liberals, but because they think we're bad people, not that we have bad ideas, they're not interested. No matter how much evidence you show the liberals watching my show, and I know you do, I get your nasty emails and your dopey Facebook messages. It doesn't matter. They hate you. No amount of evidence out there is going to convince them that Nancy Pelosi was in the wrong here. I just played for you a video. I showed you a tweet
Starting point is 00:44:56 yesterday. I just showed you photo evidence of what she was doing while Wuhan virus was breaking out. It doesn't matter. They think we suck. They think we're awful people. Evidence is irrelevant to them. It doesn't matter. They've convicted you before the trial. So I appreciate the feedback, Alan, but no, my assertion is 1000% correct. We argue facts with dopey people. They don't argue facts. They offer nothing but hatred back to us. You don't believe me? Did you see Mike Lindell yesterday at the press conference? My pillow guy?
Starting point is 00:45:33 Yeah. Dared to mention the Bible. Oh my gosh. Liberals lost their minds on Twitter. The blue checkmark brigade. Mike Lindell, the my pillow guy, is donating 50, what, 5,000 masks or 50, I don't even know. I'll go on the low end.
Starting point is 00:45:46 It probably was more. 5,000 masks with his factory and mentions at the end, it's probably a good time to read the Bible, and yet you had Ali Velshi from MSNBC and that goofy sleazeball Aaron Rupar, whatever the hell his name is. I don't know what the heck that guy's name is, because his thing
Starting point is 00:46:02 is A Trooper. I don't know if his name is Aaron T. Rupar or Rupar T i have no idea what is this guy insulting this guy what are you doing aaron what are you doing ally you donating mask oh no sorry you're in mommy's basement roasting your s'mores in between bouts of porn sessions insulting people on Twitter. Yeah. Thank God for liberal Twitter. What would we do without them? Ooh, you just said God. You can't say that either.
Starting point is 00:46:32 Idiots. Okay. George Soros is back. He's back. This guy's always back. Yeah. You think I'm messing with you? Check out this story at the show notes today. Bongino.com slash newsletter.
Starting point is 00:46:46 Again, if you go there, subscribe to my show notes. I'll send you these articles every day. Not kidding. Newsbusters. Joseph Vasquez. George Soros funded Priorities USA action, but sees anti-Trump ads, leads all virus TV ads for the week with 1,074.
Starting point is 00:47:02 Never leave George Soros out of a crisis either. Always there to take advantage of it. So his priorities USA in the middle of a crisis, Joe is funding this Democrat pact, which just pumped $6 million into Trump ads claiming Trump called the Trump virus, the, the coronavirus,
Starting point is 00:47:18 excuse me, a hoax. Oh, geez. I have a chapter on my upcoming book about George Soros that's going to be fascinating. Never let a crisis go to waste, especially when you're George Soros
Starting point is 00:47:37 and you can run millions of dollars in political ads attacking the president in the midst of one of the biggest crises we've suffered in decades. Nice work, George. Always there when we need you, aren't you? Speaking of people always there when we need them, we needed some comic relief today. You know, I don't like the dour note of some of these shows. Again, we'll get out of this. I just gave you the battle plan. I gave you the financial plan yesterday. We can fix it. Hopefully, we'll get some leaders with guts and we will. But we do need a little bit of comic relief and who's always there to provide it. Moscow Maddow, Roswell Rachel,
Starting point is 00:48:15 always there at a time of crisis to promote a debunked conspiracy or make us all laugh with her show on Trump's tax returns. Remember that one? I've got his tax returns. That was hilarious. And it showed he donated more to charity than any of the people on MSNBC. That was great. That was great. Remember her two and a half years in the collusion hoax until her audience collapsed and they realized they'd been lied to? They were like, I wasted two years of my life on a hoax. Maddow told me it was real. Yeah, you did. This one's hilarious. This is Moscow Maddow. Now, President Trump, as our commander in chief, dispatched the USS Comfort, a hospital ship, up to New York to assist the New York City with its outbreak of Wuhan virus patients. Moscow Maddow, she didn't like that good news, Joe. Moscow Maddow, she didn't like that good news, Joe. And she said, this is nonsense. President Trump faking this good news, saying that the comfort's going to be up there in weeks. What a liar. Watch her meltdown on the air. God forbid there was any good news because
Starting point is 00:49:15 Moscow Maddow loves conspiracy theories. Check this out. In terms of the happy talk we've had on this front from the federal government, there is no sign that the Navy hospital ships that the president made such a big deal of, the comfort and the mercy, there's no sign that they'll be anywhere on site helping out anywhere in the country for weeks yet. The president said when he announced that those ships would be put into action against the COVID-19 epidemic, he said one of those ships would be operational in New York Harbor by next week. That's nonsense. It will not be there next week. Really? Moscow, Maddox? Joe, Joe, Joe, Joe. Hold on. Don't laugh at her. Come on. That's rude.
Starting point is 00:49:58 She's a Rhodes Scholar, Joe. What do you know? What? Dopey audio engineer. Road? Oh, look at this. I mean, two idiots, you and I, Joe. Cop and an audio guy. What do we know, Joe? Look at this. Here's a Twitter. Here's Twitter's Twitter feed of the New York GOP. Help is on the way.
Starting point is 00:50:17 Here's the USNS Comfort arriving in New York against the backdrop of Lady Liberty. Hashtag New York strong. Big boat. Mm-hmm. Big boat. There it is. Yeah, big boat. There it is. What do we know? What do we know?
Starting point is 00:50:29 Really? Dopey audio guy? Stupid former cop I am? What do we know? What do we know? We need a Rhodes Scholar like Roswell Rach. Dude. Moscow Matto.
Starting point is 00:50:39 That show, that ship, Joe, that's not going to arrive for weeks. There's no sign of that. Go listen again. Rewind the YouTube. Rewind the audio. If you're listening on terrestrial radio on some of our stations, go home and listen to the podcast and listen again. There's no, Joe, no sign. No sign.
Starting point is 00:50:58 Bad call, Rach. Bad call. Hold on. Here we go. Sometimes we need because liberals really are not that bright. Here comes the yes i'm gonna yes yes that was clever i didn't even think it yeah we're gonna make us a here we go there is no sign no sign of the ship no sign except for the actual ship arriving in the harbor. I'm sure the New York GOP faked that. That's all a joke. It's a movie.
Starting point is 00:51:30 It's a David Copperfield. Remember David Copperfield made the Statue of Liberty disappear? That's an illusion. The comfort's not actually in New York City right now. It's all an illusion. They're all making it up. There's your gal on the left. I'm sure you're very proud.well ray she's a road scholar joe
Starting point is 00:51:48 roads no r-o-a-d-s you beat me to the punch i saw you going that way she's not r-h-o-d-e-s it's road scholar yeah like hit the road please get off the air. What an embarrassment. There you go. I mean, just total rage that President Trump had a potential solution for the overcrowding in the New York City hospital problem. Total rage that he suggested that exactly one week
Starting point is 00:52:17 and six days later the comfort would be up in New York. There's no sign of that. No sign. You're right. There's no sign of that. No sign. You're right. There's no sign of it. It's the actual ship. You don't need a sign for this.
Starting point is 00:52:28 It's just the actual ship itself. Road Scull. Thank God for Road Sculls. As we said, moving on about this stock story, this story should candidly piss a lot of you off. I know it did me. Daily Caller. I told them we'd give them time because of the Bongino rule,
Starting point is 00:52:45 but I have not seen an adequate explanation yet from Senator Richard Burr. Chuck Ross, Daily Caller. Report, the Department of Justice is probing Senator Richard Burr's stock trades. Good. Ladies and gentlemen, I don't give a damn if this guy's a Republican, independent,
Starting point is 00:53:00 communist, liberal, Democrat, whatever. He is a Republican senator from North Carolina, but I have not seen yet a satisfactory explanation for richard burr listen the man is innocent or proven guilty i don't pile on people unnecessarily but richard burr made between 628 000 and 1.72 million dollars in stock trades after receiving some kind of a briefing about the Wuhan virus from China. And then went out and gave some kind of a public, it's not a secret speech, like some are saying, let's not be dramatic for effect, but gave a speech to a small group of people. It was not private.
Starting point is 00:53:36 It was something they do often, but seemed to hint at that briefing that this was going to be serious, resembling the 1918 Spanish flu outbreak. that briefing that this was going to be serious resembling the 1918 Spanish flu outbreak. I still have yet to see a satisfactory answer from Senator Burr. What I find interesting about Senator Burr too is, again, who still has not given a satisfactory answer to this. His explanation has been, well, I relied on a lot of public information. Oh, really? Okay. Still seems kind of shady, no? What's fascinating is Senator Burr is still giving, there's a number of adequate explanations to why the FBI and others were spying on Donald Trump during spy game while he was on the Intel committee. And he still keeps
Starting point is 00:54:20 downplaying that scandal. Nah, Senator Burr is no friend of ours on this show. Let me just be crystal clear. The man's innocent until proven guilty. But let me tell you something. I don't care what you have in front of your name. An R, a D, a C, an L, A, B, C, D, E, F, G. I don't care one bit. If you are using
Starting point is 00:54:39 your position to short the market, make money off the market, whatever you may be doing, what you're doing is unethical and immoral. If that happened and he did something illegal, I don't care who you are. So now the DOJ is investigating. Good. Now we'll see how he likes it being under investigation because he didn't seem to mind much when it was happening to President Trump.
Starting point is 00:55:02 Let's see how Rich likes it. This is incredible. We may actually get through all this. Great Breitbart story in the show notes today. Again, ladies and gentlemen, showing you how the media has proved themselves during this crisis to be totally useless. John Nolte, reports of mass theft were not controversial
Starting point is 00:55:22 until Trump brought it up. Again, in the show notes, bongino.com slash newsletter. Read this piece because it shows you again Reports of mass theft were not controversial until Trump brought it up. Again, in the show notes, Bongino.com slash newsletter. Read this piece because it shows you again a couple of things. And I tweeted this this morning. I tweeted it after reading this article while preparing for the show. You know, I'm serious when I say this. In this national crisis we're living through right now, it's depressing.
Starting point is 00:55:43 It really is for a lot of us. A lot of us are watching business opportunities and our businesses and people get sick and things just collapse all around us. And it's just awful. We'll get through it. We'll fix it. We're tough. We've always been tough. We are. We're hard folks and we'll get through it. But in this crisis, the indispensable nature of our firemen, EMTs, paramedics, nurses, hospital staff, doctors, farmers, truckers, grocery store folks who stock the shelves, people who get dirt under their fingernails. You have proven again to America how indispensable you are. It's not virtue signaling. It's not, hey, look at me, rah, rah stuff. It is a fact, a fact.
Starting point is 00:56:32 We're three weeks into this crisis. You can go a month without food. Next week, we'd all be dead if it wasn't for you. Not a joke, not a joke, not hyperbole. You, the farmers who grew it, the truckers who trucked it, the grocery store workers there in the stores and the owners out there who put that food on the shelves, we'd be dead without you, dead.
Starting point is 00:56:57 You are indispensable. And I think given our level of prosperity in the United States, we've taken that for granted. I think we have. You just show up at the local Wawa, Publix, Key Food, Finest, Dating Myself, whatever it may be, King Cullen. You just show up, and you expect the food to be there because it has. Now I think we're all realizing that a trucker trucked that.
Starting point is 00:57:29 Someone working at a stock that shelf. Farmer had to grow that. And now we're like, gosh, thank God they exist. Why do I bring that up in light of this article? Because in that time, we've seen a foil effect. We've seen how bright the diamond of our incredible dirt under the fingernails workforce is and we've also seen how dark and horrible and gross in many cases our class of media and political idiots are they are the most useless people among us useless uselessseless. Useless in a crisis.
Starting point is 00:58:06 It's not that they don't help us. It's that they actively are hurting the situation. I already showed you Pelosi, who's already involved in investigation phase 672, not solving the crisis. But this story by Breitbart's fascinating. Because if you go down, Donald Trump had mentioned that a thing, and one of his press, excuse me, precision matters, in one of his press conferences this weekend that just passed,
Starting point is 00:58:33 that, hey, we're shipping all these masks and they're disappearing. He brought up a valid question. Where are they going? The media, Joe, lost their minds. Oh, my gosh. Is he suggesting nurses are stealing masks? That's not what he said. That's not what he said. That's not what he said.
Starting point is 00:58:48 He asked a simple question. Where are the masks going? The numbers aren't marrying up. When Trump asks it though, Joe, are useless, feckless, malfeasant media slobs? Of course it was a controversy. Trump accuses doctors of stealing masks. No, not true. But you know what's kind of hilarious, Joe? When their new golden calf, the Democrat governor of New York, Andrew Cuomo, said the exact same thing, nobody thought anything of it.
Starting point is 00:59:24 It's only when Trump it that it's a big deal quote john nolte's piece in breitbart to begin with and without the media freaking out even a little bit new york's very own governor one andrew cuomo said the exact same thing more than three weeks ago quote cuomo as fears over the new coronavirus in New York, this is from the newspaper. As fears over the new coronavirus in New York spread faster than the outbreak, people have started to steal masks and other medical equipment from New York hospitals, Governor Cuomo told reporters Friday from a news report.
Starting point is 00:59:59 Here's the exact quote. Not just people taking a couple or three. I mean the actual thefts of those products cuomo said at a press conference from the state capitol in albany cuomo again quote i've asked the state police to do an investigation looking at places that are selling masks medical equipment protective wear feeding the anxiety but ladies and gentlemen don't worry the media is all on the up and up where was the uproar over that cuomo statement where was the uproar about that cuomo accuses nurses of stealing masks
Starting point is 01:00:29 there was not why because the media are feckless useless losers who are doing nothing to assist anyone in this crisis i'm going to leave today's show with a quote I've used often. I hate quotes, but once in a while they're illuminating. If you've ever seen the movie Seven Days in Entebbe, great movie, love it. The dance part's a little weird, but the hijackers take the plane. They wind up in Entebbe. They're keeping everybody hostage. The Israelis wind up kicking their butts later. True story, by the way. But the pilot of the plane knows how to fix the plumbing
Starting point is 01:01:10 and the place they're being held because the plumbing doesn't work. And the revolutionary who's holding them all hostage, who's probably a social justice warrior with a gun, he tells them, what is it? Give me a hundred plumbers. Give me a hundred revolutionaries for one plumber. Give me a thousand media blogger losers sitting in their basement for one farmer right now. 10,000, maybe 30,000, probably a fair trade. Thanks again for tuning in. Please subscribe to the show, youtube.com slash Bongino. We really appreciate that. We're almost at 400,000 subscribers. We picked up a couple thousand yesterday alone. So thank you very much. It's all free, youtube.com slash Bongino. And please subscribe on Apple Podcasts as well. If you go to your podcast app on your phone, it's on every phone. It's that little
Starting point is 01:01:57 purple icon. You search Bongino Show and hit subscribe. It's all free. That helps us move up the charts a lot. We were number nine yesterday. Nine. Believe that? That's all due to you. Thank you so much. We appreciate it. Facts here. We're not doing hysteria.
Starting point is 01:02:11 We'll see you all tomorrow. You just heard the Dan Bongino Show. Follow Dan on Twitter 24-7 at DBongino.

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