The Dan Bongino Show - Why is the Media Hiding This Bombshell? (Ep 1313)
Episode Date: August 4, 2020In this episode, I address the Democrats’ growing fears that Joe Biden is losing his grasp on the election, and reality. I also address the explosive evidence that the plot to take out the Trump tea...m began as far back as 2007. News Picks: The Democrats are terrified of a Trump-Biden debate. CNN host argues with renowned MD over the use of hydroxychloroquine. Yes, Trump was the target of the FBI’s illicit spying operation during the campaign. This article does a solid job explaining how the NSA database was abused in the spying operation on the Trump team. The policing crisis in New York City. More connections between George Soros and the dossier. Christopher Steele’s Alfa Bank story was always suspicious. The polls are tightening up, and the Democrats are nervous. How is the Bill Clinton Jeffrey Epstein story not exploding right now. Copyright Bongino Inc All Rights Reserved. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Transcript
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get ready to hear the truth about america on a show that's not immune to the facts with your host
dan bongino so they're really doubling down on trying to hide joe biden they're not just
sticking them in the basement now i think they want to stick them in like a cave underneath the
basement behind a locked door with like bolts and dead bolts to make sure he can't get out
um the evidence is growing every day the media is in a panic here which you would think that behind a locked door with like bolts and dead bolts to make sure he can't get out.
The evidence is growing every day. The media is in a panic here, which you would think the disinterested media would be interested in getting more information vis-a-vis a debate, right? No,
no, no. That's what actual media people do. I got that. I've got an interesting behind the scenes
kind of take from some of my police officer friends about what's really going on on the
streets of New York and why there's been this explosion
and shootings.
Interesting.
I think you're going to enjoy that one
or not enjoy that one,
if you know what I mean.
The information is really terrible.
And I want,
there's this argument breaking out
of where the Steele dossier came from.
I think it's misguided.
I want to show you something interesting.
I talked about a long time ago,
the one viral,
a speech I made.
And this is going to be interesting.
Don't go anywhere.
The movie script.
Some of you are like, I remember the movie script.
I know Joe does, but we'll get to that.
Today's show brought to you by ExpressVPN.
Go get yourself a VPN today and protect your online data from prying eyes.
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Go to expressvpn.com slash Bongino.
Don't wait.
Welcome to the Dan Bongino Show.
Producer Joe, how are you today?
Well, as usual, I'm doing very well in the middle of a huge rainstorm.
Yeah, here in Pasadena, Maryland.
I know.
If we lose Joe during the show, Joe's going through a monsoon up there in Maryland.
We'll just pretend he's there.
Well, I'll do a grunt for him.
There you go.
It's Joe grunting.
I don't know what's going on back here.
So if you hear a grunt that doesn't sound like Joe, it probably isn't.
It's probably me doing a fake Joe grunt.
All right, let's get right to it.
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All right, Joe, let's go.
Ding, ding.
So just quickly to follow up on a story we did yesterday
before I get into meat and potatoes of the show.
Ladies and gentlemen, again, my sources are spot on.
I have never let you down on sources, whether it was Spygate or the Clinton-Epstein debacle.
The sources have been solid.
Their information has been vigorous, robust, tested, and has proven time and time again to be legit.
My sources are telling me Joe Biden'siden's losing it i said that yesterday the show performed exceptionally well because i titled it what you
really need to know about joe biden folks i can't tell you who to vote for it's a secret ballot and
a free society thank the lord and i'm not using his name in vain for that thank the lord we're
a free society i'm just telling, if you're casting your vote
for Joe Biden, you're about to vote for a man who is losing his attachment to reality by the moment.
I'm not kidding. I say that with no ill will. I say that with no celebratory tone that would
be sick and deranged. I say that because people, sources are telling me he's not there.
He's not there.
And it's getting worse on an increasingly, it's not reaching an asymptote.
It's getting worse fast.
He's not attached to reality.
Here's what's worse about this story.
Like it gets worse.
It always gets worse.
What's worse about this story, ladies and gentlemen, is the media knows this and absolutely
refuses to report on it.
Not only are they refusing to report on his increasingly worsening cognitive decline and
his lessening attachment to reality, they're covering up for it.
And this is the worst part about this whole story.
They're not only covering it up.
They don't want you to see it.
Yep.
That's the worst part, Joe.
And where would you see it?
Where would the largest number of people, where would they see firsthand the rapidly, sadly, I mean that.
I don't wish ill will on anybody.
Politics is politics.
I'm not going to lose my moral spine to win an election.
I don't wish ill will on anybody.
But where would the most number of people, the largest group of people,
see Joe Biden's rapidly deteriorating situation?
The answer is obvious.
The verdict is in the debates.
Debate, yeah yeah which will be watched
by tens of millions i said to you yesterday the democrats are ducking the debates now
and their media activists liberal allies inside the mainstream media which is no longer mainstream
they're all radicals now we're now covering hat tip the reagan battalion account on social media
here's what they put out yesterday here's a montage of media people trying to cover up for
the fact that they don't want Biden on the debate stage now because you're all going to see what I
just told you. New York Times, let's scrap the presidential debates. CNN, political analyst
makes plea for Biden not to debate Trump. Here's another one by Peter Lucas. Biden better walk back
any offers to debate Trump. Newsweek supporters urged Joe Biden not
to debate Trump. Applaud hosts for canceling
over COVID-19 returns.
Folks, again,
the media is a disgrace in this
country. They're a disgrace. I'm
all about the free press, all about
period, full stop, no caveats.
As long as you don't break the law
and threaten someone free. You are free
to write what you want. As I say often, with that freedom freedom i respect you are free to be stupid you take us up on that
opportunity every single time pitching us the pp hoax and all that other stuff you're just a bunch
of discredited losers like nobody really tried you understand that right i showed you that axios
harold harris poll last week remember that one one, Joe? The media during the COVID-19 crisis,
the coronavirus crisis,
the media is only one of two entities
that has lost more trust in the coronavirus crisis.
The media and the airlines.
Nobody trusts you.
You have one job, one, just one.
Get people the facts so they can make informed decisions.
You can't even do that right.
These are literally some of the dumbest people on the planet. You have one job. If you're a
gavel maker, this thing has really stood the test of time. Is it not, Joe? We get a lot of things
people send us. This sucker's been around forever from gavel person who sent us this. I'm sorry,
I forget. Was it Karen or something? I don't know. But this thing said, if your one job is to make
gavels and you hit the gavel and the
gavel falls apart, you failed.
Your gavel sucks.
Your one job in the media is to tell people the facts.
And you can't even do that right.
Nobody believes you.
They don't believe you.
You're a joke.
That's why shows like this have exploded in popularity.
Exploded in popularity.
Because people know they're not being lied to.
And if we get
something wrong, we actually correct it. Unlike the collusion hoaxers who have yet to apologize
for lying to America. Now showing you again, how this situation, ladies and gentlemen,
is getting dramatically worse by the minute. Speaking again about Joe Biden and his cognitive
decline. Again, nobody should get
any enjoyment out of that. I know you don't, but you need to see this. You're about to vote for a
man who's going to take hold of the nuclear codes, who has no grasp on reality at all.
Here is Joe Biden again, clip number 6,426, losing his attachment whatsoever with reality
during an interview. And I want you to listen for the trick here here's what biden does biden frequently loses his attachment to what he's thinking about his train of thought he loses
it and when he forgets what he's talking about did you notice this show he always calls it the thing
remember that clip before he's talking about the Constitution and the Bill of Rights? And he's like, you know, the thing, the thing.
He forgets mid-sentence, mid-sentence, mid-sentence, sentence, mid-sentence.
He forgets what he's talking about mid-sentence and he calls it the thing.
Watch him do it again here.
Listen for the thing.
Check this out.
You know, there's a during World War II, you know, Roosevelt came up with a thing that, you know, was totally different than a than the call.
He called the, you know, the World War Two. He had the world, the war production board.
My guess is someone's either talking in his ear. has some kind of like signs behind i'm not kidding
to remind he clearly doesn't know what he's talking about the war production he loses it
and it's mid-sentence he introduces what he's going to talk about roosevelt did this thing
he forgets the name of it mid-sentence my guess is someone's either talking in his ear folks
or somebody's reminding him
on a cue card or something what the name of it is, and he calls it the thing until they can come up
with it. Folks, again, this isn't just one thing. Every candidate, Trump included me when I was on
the campaign. Everybody makes faux pas. You say things you want to take back. You're tired.
Campaigns are really exhausting. They are, even from your basement. Even if you're doing
20, 30 interviews a day from your basement. If you're doing 20, 30 interviews
a day from your basement, which he's not, but I'm not trying to make excuses for the man. I'm just
trying to give you an honest assessment, unlike the media will of what's actually going on.
People make mistakes. It's not that Biden makes mistakes. It's that he makes them.
There's not an, not an interview. I've seen literally not figuratively, not an interview I've seen, literally, not figuratively, not an interview I've seen with Biden of any substance where he doesn't say something so ridiculous or lose his grasp on reality where you should all be wondering right now what the heck is going on.
I just want to highlight quick is my election block here because it's important.
We do have an election coming up.
You know, Red State's got an article up, too.
These polls are tightening up, folks.
I think people are becoming increasingly uncomfortable
with Joe Biden as a presidential candidate right now.
I think they're really starting to understand
that some of them who don't like,
you have the pro-Trump crowd
who are obviously going to vote for Trump,
me included, we get that.
My wife, you know, Joe, everybody gets that, right?
Then you have the people in the middle
who I think are starting to realize
Biden's just not there.
He's just not there. Then you have the anti-Trump crowd who are going to vote for Biden no matter what. But I think the people in the middle who I think are starting to realize Biden's just not there. He's just not there. Then you have the anti-Trump crowd who are going to vote for Biden no matter
what. But I think the people in the middle are starting to realize, and you can see it in Trump's
approval ratings going up, that even if they don't like Trump's personality, the bravado,
the persona, the machismo kind of thing, you see in the red state piece, his approval ratings going
up anyway because Biden, they just can't trust him. This piece is up in the show notes today by Nick, what's his last name?
Adams?
Trump approval soaring, voter enthusiasm outstripping that of Biden supporters.
You're seeing that now.
And interestingly enough, Trump's approval by Rasmussen right now is 51%, which is good.
Obama's at the same time, Joe, is 44%.
So if you're going to tell me like, oh, Trump, it's over.
It's all, folks, hard pass. I'm not predicting anything at this point. I'm staying out 44%. So if you're going to tell me like, oh, Trump, it's over. It's all folks, hard pass.
I'm not predicting anything at this point.
I'm staying out of the prediction scheme.
I'm simply telling you
any of these apocalyptic predictions
that Trump is doomed,
he has no chance of winning
are just absurd.
You can sideline all those.
All right, let me move on
because I've got a lot of material to cover today,
including some stuff from yesterday
I didn't get to.
So as you know,
I maintain a pretty good network of sources
in law enforcement, federal, local, state, and elsewhere. And some people who I met as a
byproduct of doing the show, they show up at book signings, whatever they may be. I mean,
I met 279. 279, I met through correspondences, let's say. And having a show and having an
audience, people reach out to me. I get a lot of emails.
So we vet them, of course, make sure they're for real,
from police officers and otherwise.
And some of my contacts have been giving me the inside scoop
about what's happening on the street.
I mentioned this on Hannity last night.
I do Sean Hannity's show at Night on Fox.
By the way, Sean Hannity will be a guest on the show.
We will have an interview show this week.
It will be Sean Hannity.
He teased it last night.
Don't miss it.
We're either going to launch it Friday or Saturday.
Thanks for listening to the Gutfeld interview, too.
We're going to talk about his new book, Sean.
Live Free or Die.
Really good.
Reading it now.
Got to get through that, so don't miss that.
But I mentioned last night the real street situation.
Why are shootings and homicides exploding?
And paradoxically, why are they exploding, shootings and homicides exploding? And paradoxically, why are they exploding,
shootings and homicides? But why are other crime categories, even some violent crimes, down?
Down? That doesn't make sense, Dan. We've heard liberal cities are exploding with crime. They are
the worst crime of all, Joe, shootings and homicides. Can't come back from that one. No. You're dead.
That's the end of it.
But other categories of crimes, even violent crimes, have been going down.
That doesn't seem to make a lot of sense.
Let's go through this one by one.
First, what's really going on and why are shootings and homicides up?
And to be crystal clear, because we do facts here, up dramatically in liberal run cities.
And so we're defining our variables correctly, unlike mainstream media loons who love to lie to
you. When I say liberal cities, I'm discussing cities here, Chicago, New York, that are
monopolistically run by liberals. Their city councils, their city governance boards, their city commissions,
their mayors are all liberals, supermajority. Chicago, New York, you understand? Republicans
have almost no power. Almost none. They can't filibuster things. They have no majorities.
You get what I'm saying? So when we talk about the explosion in shootings and homicides in
liberal-run cities, I'm defining the variable precisely.
Unlike media lunatics who never give you precise definitions.
And when I say exploding,
I'm talking specifically about Chicago and New York.
What's going on?
Well,
here's what my contacts are telling me.
It's,
it's what I called last night,
the two G's don't forget this.
It's gangs.
And kids are on the street with grievances
that have had these grievances for a long time.
Now, when I say kids and adults on the street, too,
who have grievances, I'm talking about sociopathy.
I'm not talking about like Joe and I have a grievance
over a show where Joe made an edit.
I'm like, yeah, Joe, what are you, a bad edit?
That stinks. Joe and I are
civil, civilized folks who
we're not going to, Joe, I'd like to challenge
you to a Hamilton-Byrd duel
in New Jersey on a cliff.
Joe and I aren't going to do that.
We're grown adults. We're going to talk it out.
Paula was mad at me last Friday.
Do you think we worked things out?
Because it's me and Paula. I even said it on the
Gutfeld show. It became kind of a long topic. The interview show went totally off the rails at one point. So
hilarious. But we're adults. That's not what some of these criminal, this criminal element in the
street, when they have grievances, Joe, a lot of times it turns deadly. So I'll get to the gangs
thing in a minute. But you may say, well, if they've had these grievances for a long time
why are shootings and homicides spiking right now you just said they've had these grievances for a
while well let's dig a little deeper this is for my law enforcement friends these sociopaths in
the street drug lords whatever they are hate other, who would have whacked each other sooner, weren't doing so years ago in many cases.
Number one, because a lot of them were already in jail.
Deep analysis, right, Joe?
Incredible.
I'm being sarcastic here because one, what I just told you is true.
But two, it doesn't require a deep analysis.
When Rudy Giuliani and even Mike Bloomberg, who was the mayor of New York City, both two mayors of New York City, and even Bloomberg, who continued some of Rudy Giuliani's policing broken windows policies, they aggressively were hunting people down. I mean aggressive in that they enforced the law.
If you were a drug dealer on the corner and you got caught with an open container,
an open container of liquor, you're not allowed to drink in the streets. And you're like,
I'm not debating whether that's a good or bad. I'm just telling you what is okay.
Unlike the media, you would probably get a C summons. And if the cop was going to write a
summons, he would give you a pat down around your waist to make sure you didn't have a gun.
You wouldn't shoot him while he was writing a summons. You're allowed to do that. Well, when we started doing that in New York City, people was going to be arrested for an open container was now arrested for what?
A criminal possession of a firearm.
The Giuliani era doubled down by giving, you know, there were basically mandatory sentences for a lot of these people as well.
So the word got out in the street with these sociopaths with grievances and fights with their other drug dealers and other people in the neighborhood.
The word got out.
Don't carry a gun in the street.
These guys will toss you, frisk you for open containers or disorderly conduct.
You're going to go to jail for a year.
Ladies and gentlemen, criminals talk.
They're not stupid.
They have criminal enterprises they have to run to.
They're not dumb.
They're not.
They know what they're doing.
Some of them would actually be pretty good business people
if they get out of the criminal business.
Word got around in New York, don't carry a gun.
So what did they do?
I remember this when I was a cop.
They'd sit in groups and, you know, they still wanted protection.
So they'd keep the gun and they they put it like in a paper bag and store it on a bench next to them so we learned as cops again
to go and look at the scene too now everyone would say that's not my gun you couldn't arrest
anyone for it but at least you got the gun off the street if you saw it you get what i'm saying
oh it's not yours okay we're just gonna vouch going to voucher this. We're going to inventory it. Right, right.
You see what I'm saying?
Word got around.
Criminals are not stupid, folks.
They're maintaining their enterprises too.
They're illegal, but they're doing it.
Nobody's doing that anymore.
They're not tossing people.
They're not frisking people.
That's a cop term for frisking. They're not frisking people for disorderly conduct.
They're not frisking people for drug possession. They're not doing any of that. So guys are like, hey,
might as well just carry our guns again. And then when the guy who had the grievance against the guy,
I don't mean to get too complicated here, finds out his buddy's carrying a gun,
he don't want to get whacked. So he carries his gun too. And then they see each other and it's
the wild west. Boom, boom, boom, boom, boom, boom, boom, boom.
This is what it is.
It's a Wild West.
It's an old Clint Eastwood movie.
And then the other guy hears the other guy got shot.
He's like, I'm not getting shot.
I'm going to get my gun too.
This is what, folks, none of this is complicated to understand.
You have people with longstanding street grievances, drug fights, turf wars, whatever they may be,
combine that with rival gangs who've hated each other forever, who now get word amongst the street grievance crowd that, hey, you carry a gun, you're not going to get locked up.
And they're shooting each other up, so we're going to shoot up each other too.
This is not hard to figure out. Criminals talk. So that's element number one.
Why are shootings and homicides up? Because people have no fear of being arrested for carrying guns
anymore. Grievances they've had in the past are now turning into gunfights, not grievances.
And gangs are taking notes. Oh yeah, nobody's getting pinched for gun possession. We might
as well carry ours. We're the toughest gang in town. We'll show you. I want to be like the cowboys
from Tombstone or something. Now, second part, this is a real paradox for people to figure out.
Why are other categories of crime down? In some cases, down dramatically.
Burglaries, many cases, street robberies,
but shootings and violent crimes.
If these liberal cities are becoming violent,
Wild West-like towns, which they are, by the way,
why are other violent crimes down?
I said this on show.
So if you listen, you're probably getting a sneak peek ahead,
but I'll tell you again.
Folks, the economies in these largely liberal-run cities,
Chicago and New York,
to be fair, as a result of coronavirus,
and it's not just simply the liberal positive,
there's a lot to do with it,
but a lot to do with the coronavirus
misinformed dopey lockdowns too.
The economies are so bad,
nobody's coming into the cities.
So what's the problem, Joe?
There's no one to mug.
There's nobody on the streets.
Who are you going to mug?
Are you going to mug the pigeons? There's no one to mug. There's nobody on the streets. Who are you going to mug? Are you going to mug the pigeons?
There's nobody there.
Now, why would burglaries be down?
I asked Paula last night.
Went into bed.
She was almost trying to sleep, whatever.
I said, why do you think?
She figured it out right away.
She's smart.
She's like, because people are home all the time.
They're not going to work.
So burglaries are down too.
Don't get, why am I telling you any of this? Because I watched Marie Harf, I think it was,
on Fox yesterday. And I see a lot of these liberal commentators. They do the same thing.
Ladies and gentlemen, I talked about it yesterday in relationship to unemployment benefit
and this study that's a scam. You have to learn to pick apart liberal narratives piece by piece.
Their new narrative about exploding crimes in largely liberal cities,
shootings and homicides, which is very real.
There are dead bodies to prove it.
Their new narrative is, well, other categories of crimes are down.
Yeah, that's because the economies are so bad that there's nobody there to rob.
That's not a marker of success.
Please, the verdict is in.
Please stop saying that.
That sounds really dumb.
There's nobody to mug and burglaries are down because everybody's home.
There's no empty house to burglarize.
And what are the other arguments they're making?
Which, of course, takes an element of truth, Joe, and fabricates and weaves a
fantastic narrative from it that's not true. You have to learn to parse this too.
There are other narratives I've heard them say, the liberal talking heads on television,
is well, violent crime and shootings, and shootings in many cases, and homicides are
up in some cities with Republican mayors too.
They're not wrong.
There are cities with Republican mayors out there that have seen a blip in shootings,
Tulsa, Jacksonville, with Lenny Curry
and the mayor of Tulsa is a Republican too.
But again, folks, you have to parse it
and see what they're doing.
They're trying to distract you.
Those shootings are up, and in some cases, homicides are up.
But they are up by maybe 10%, 15%.
Cities run by Democrats, they're up 25% or more in many cases.
In New York and Chicago, in some cases, triple digits when it comes to shootings.
So again, your point is what?
That yes, there's shootings and homicides that have spiked in Republican cases, triple digits when it comes to shootings. So again, your point is what? That yes, there's shootings and homicides
that have spiked in Republican cities,
but far more in Democrats.
That's your point to defend the Democrats?
I'm unsure where you're going with this.
I'm missing your point here.
Of course I'm missing because you don't have one.
You have to learn to parse through their nonsense.
And ladies and gentlemen,
it's always, always nonsense.
All right, let me get to my second sponsor.
I want to get to the,
Joe, remember the movie script?
It's back.
Yeah, yeah.
Oh, good.
The movie script is back.
What's the movie script?
Why does it relate to Spygate?
I'll just tease it
before I get to our second sponsor,
but ladies and gentlemen,
the plot to take down Trump started in 2007. 2007? That's not even possible. Now hear me out. We'll get tease it before I get to our second sponsor, but ladies and gentlemen, the plot to take down Trump started in 2007.
2007?
That's not even possible.
Don't hear me out.
We'll get to it.
All right.
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All right.
So some of my older listeners,
I mean, older chronologically in your age,
I mean, older than that,
you've been here a long time,
know that I love the Spyg gate story, but I only talk about
it when I feel like I have something to say, because then I feel like I'm trying to sell
you too much on something and I don't want to do that. But the spying scandal on president Trump
is the biggest political scandal of our time. There is not even a close second. It's very simple.
Obama, Hillary, and a bunch of political operatives they paid, spied on the president, and got
the FBI to basically open criminal cases against their political opponents.
It's no more complicated than that.
But I want to bring this up today because some of the high-quality sources I rely on
and who were cited in my next book coming out, Follow the Money, where I address, by
the way, extensively some of the things you're going to see here, especially the George Soros
connection, which I haven't even mentioned yet. It's like the whole first two chapters of my book.
One of the arguments breaking out is, okay, if all this stuff was fake, the dossier was fake,
and they used it to spy on Trump, well, where did it come from? It's a great argument to have,
don't get me wrong, and I'm not downplaying the terrific social media researchers and really important people
who've used social media to investigate that question.
I'm simply suggesting to you that in the end, for the bigger story, it doesn't really matter.
What matters is the information was fake.
The Obama administration knew it.
The FBI knew it.
Hillary Clinton knew it. And they knew it. Hillary Clinton knew it.
And they used it to spy on Trump anyway. But if we're going to get into that debate about who exactly made up the PP tape stuff and where exactly did this Russian collusion hoax originate,
I want to make sure I can go back to this because this is covered in my second book on this topic,
Exonerated, and my next book, Follow the Money, where I talk about the Soros connection. I'm going to get to it in a minute.
I want to go back to this 2007, 2007 article by Glenn Simpson. Glenn Simpson's company,
Fusion GPS, is the company that put its stamp on the dossier. They were paid to produce the dossier.
They paid a British spy to write this dossier. Glenn Simpson, as we can see here, used to be a reporter.
Really?
Yes, with his wife, Mary Jacoby, for the Wall Street Journal.
Here's this article from 2007 I call the movie script.
How lobbyists help ex-Soviet's woo Washington.
Back in 2007, the guy Hillary paid to grab the dossier and get it out there was writing
articles about how Russians are trying to woo people in Washington. Yes. Yes.
Ladies and gentlemen, if you compare Christopher Steele's dossier, who worked with Simpson on it,
the PP tape stuff, the fake stuff, if you compare it to this article in 2007 that Glenn Simpson and his wife wrote,
you're going to be like, my gosh, it sounds like it's almost the same thing.
That's why I call this 2007 article from the Wall Street Journal by Simpson, the movie script.
The movie script to take down Trump, ladies and gentlemen, was already written.
Matter of fact, they tried the same tactic on John McCain when he ran for president. Oh, you didn't know that? Yeah, yeah, that's in
my book too. You don't remember the John McCain Russian collusion scandal? Yeah, nobody else does
either. It happened. Nobody else remembers it because George Bush was president when John
McCain was running against Obama and Bush's team didn't allow it to go anywhere. The Obama team allowed the FBI to be used. You get it? You dig? Here's where this whole dossier, pee-pee tape, Russian collusion thing
starts. It starts right back in 2007. Let me lay out for you bit by bit. I'm going to show you.
I'm going to show you how the same exact cast of characters appear in 2007 by Glenn Simpson.
Remember, he's the one paid to produce the dossier,
but Simpson has always said,
no, no, Christopher Steele did it.
We paid him and he had this network of sources,
blah, blah, blah.
That's all garbage.
It's all garbage.
This was Simpson's story from the start.
Look, let's go to screenshot one from the movie script,
the Wall Street Journal piece.
Again, this is from 2007.
They're talking about in this piece,
this guy, Leonid Riemann. Riemann is under federal investigation in the US over money laundering
and is locked in a high stakes battle with Moscow conglomerate Alpha for control of a
Russian telecommunications empire. Alpha, blah, blah, blah. Why does this matter? So in 2007,
Glenn Simpson, same guy who's running this whole dossier operation. Back in 2007, he's talking about this Alpha Financial Bank place.
Alpha, Alpha, where do they appear again?
Totally weird.
They appear in Christopher Steele's dossier.
Alpha, 2007, back in the PP dossier.
Here's an article by National Review by Tobias.
I can never pronounce his last name, but that's okay.
He does good stuff.
These articles, by the way, will be in the show notes today. Bongino.com slash newsletter. Read them. They're older, but they're worth your
time. Bongino.com slash newsletter. Subscribe to the newsletter that is the show notes. Here,
Mr. Tobias, Steele claims Clinton lawyer provided a tip about Trump campaign contacts with a Russian
bank. So Christopher Steele, who's working with Simpson, the same guy who wrote about Alpha
Bank in 2007, got a tip about a bank. No way that bank would be Alpha. From the Democrats at the DNC
and the lawyers they hired who were working with Simpson? No way. Well, let's go to the National
Review piece. Yes way. So St so steel claimed in a deposition that
his infamous dossier that the founders of alpha bank oh my gosh same alpha from that 2007 article
had illicit ties to putin and acted as an undercover messaging channel between quick
guard the kremlin and the trump organization he said under questioning from the lawyer of the
bank owners who sued him for defamation that he revealed on july 29 2016 this is christopher steel that he was told of the story by perkins cooey lawyer these
are the democrat lawyers there and former doj official michael sussman who we know is meeting
with the fbi don't get too lost in the deets here folks because the deets don't matter they don't in
this case what really matters is back in 2007 christopher Glenn Simpson, excuse me, was writing about Alpha Bank. Alpha Bank magically appears in a dossier years later to target Trump. And Steele says he heard the information from lawyers working with Simpson.
Look at this second screenshot from National Review where Simpson gives Steele instructions. He gives him very specific instructions and says, I want you to absolutely link it to this server issue, the guy who wrote the Wall Street Journal piece in 2007 about Alpha, asked him after the meeting, the meeting about Alpha with the Democrat lawyers, to write
up a memo that was, quote, absolutely and definitely linked to the Alpha, the server
issue involving Alpha.
This is hilarious.
Ladies and gentlemen, Simpson had this movie script in his hand the whole time.
They just erased the names and put Trump in there. Alpha Bank. Oh, I've been working on them since 2007. Hey, I think we can
connect them to the Trump team and a server in the Trump tower and Alpha Bank. Is there any real
connection? No, no, it's all made up. But Steele, go talk to the Democrats. They'll tell you more
about it and then write a memo absolutely linking them to Alpha. Again, Simpson made this up.
I thought it was called the Steele dossier.
No, it's the Simpson-Steele-Halper dossier.
They all had a role in it.
You don't think this story started in 2007?
All right, Dan, Alpha Bank,
peers in Glenn's article, Glenn Simpson's article,
peers in the dossier stuff.
There's got to be, that's weak.
Oh, no, no, no, there's more. No, there's more. Stand down. Stand easy, as they said in the dossier stuff. There's got to be. That's weak. Oh, no, no, no.
There's more.
No, there's more.
Stand down.
Stand easy, as they said in the Academy.
Stand easy.
Here's a movie script,
Wall Street Journal 2007 screenshot number two.
Crazy, Joe.
Who appears here?
Paul Manafort back in 2007.
2007?
No way.
Yes way.
Yes way-ski.
Paul Manafort, a former advisor to mr doll's presidential campaign has advised the ukrainian metals billionaire and close political ally
victor yanukovych who favors closer ties with the putin administration so just to be clear
back in 2007 13 years ago glenn simpson of fusion gps who pays christopher steel
is writing an article.
He's really concerned about Paul Manafort's ties to Russia.
This is 2007.
Manafort then magically appears in the Trump campaign.
Weird.
And then what happens?
happens. Manafort all of a sudden becomes a target of an FBI investigation based on a fake black ledger of payments allegedly made to Manafort. Oh, you know, believe me, check out
this article by John Solomon when he was over at the Hill before the Hill went crazy. John Solomon,
the Hill. FBI warned early and often that the Manafort file might be a fake. It used it anyway.
might be a fake and used it anyway.
So just to be clear, for everyone,
and listen, debate away.
I read all your stuff.
You guys are all great.
For everyone debating,
did the information start with Steele,
Danchenko, Olga, all these people,
all good questions.
I'm going to throw out to you that the large majority of the fake PP dossier was a story Christopher Simpson wrote in 2007.
All of the players who reappear in the dossier against Trump. And if they reappear, they are targeted based on fake information like Manafort, where they produced magically a fake dossier called the Black Ledger that appeared out of Ukraine.
Look, we got to investigate Manafort.
We've got this ledger of payments he was made.
He didn't pay taxes on it.
It was all fake.
It was all fake.
It was all fake.
Just like the Alpha Bank Trump Tower connection.
Fake.
But they needed fake information because they needed to go back to Christopher Simpson,
Glenn Simpson, excuse me, his movie script to make it a scene that it was real.
Say, all right, Dan, Alpha appears in 2007, Manafort. You got anything else? I always do.
Of course. This is a fascinating one. So back in 2007, Glenn Simpson writes in the Wall Street
Journal about Oleg Deripaska,
who has close ties to the Kremlin and emerged from the aluminum wars of the 90s with a virtual
monopoly on the nation's aluminum production. Deripaska has long been dogged by allegations
from rivals that he uses bribery, intimidation, and violence to amass his fortune. Oleg Deripaska.
and violence to amass his fortune.
Oleg Deripaska.
So we know back in 2007,
Glenn Simpson's really interested in Alpha Bank.
Alpha Bank appears in the dossier against Trump.
Wow, crazy.
Interested in Paul Manafort.
Manafort appears in the dossier with Trump.
Crazy, using fake information to target him.
Now we know Deripaska's in that 2007 article.
There's no way he reappears in the scheme to take down Trump and spy on him, right?
Of course he reappears.
Let's go to this Fox News article.
Yeah, every single time.
Fox News.
Democrat Senator Mark Warner,
who conveniently was on
the Intelligence Committee
targeting Trump,
texted with a Russian
oligarch lobbyist
in an effort to contact
the dossier author
Christopher Steele.
Who's the Russian oligarch? No in an effort to contact the dossier author, Christopher Steele. Who's the Russian oligarch?
No way, ladies and gentlemen.
Yes way.
It's Oleg Deripaska,
who appears back
in the 2007 movie script article
by Glenn Simpson,
paid by Hillary Clinton
to gin up fake information
on Donald Trump.
Now you may say,
gosh, this can't get any worse.
Ladies and gentlemen, as I say every every day it always gets worse always everyone glenn simpson seems to be interested in his journalism career if you want
to call it that back in 2007 seems to magically reappear in this fantastic p pee tape story he writes again. To target Donald Trump, he took the movie script, Simpson attached fake information to real names, Christopher Steele, Danchenko and others, and just had them rewrite a dossier.
Steele tells you he was instructed by Simpson to put this stuff in there.
Simpson wrote this stuff.
Here's the last one from the movie script.
There's actually more in there.
But in the interest of time, I want to keep this short and sweet this segment because it's a last one from the movie script. There's actually more in there, but in the interest of time,
I want to keep this short and sweet, this segment,
because it's a good one.
I want it to punch.
So he also writes about this guy, Dmitry Ofertash.
He says, he talks about his company, High Rock Holdings,
controlled by Dmitry Ofertash,
a Ukrainian businessman who acknowledges
the company's major shareholders,
once included Mr. Moglen Vech's wife.
So back in 2007, again, Glenn Simpson has an unusual interest in this guy, Demetrio Furtash. Here's where the case gets interesting
and where the George Soros angle just kicks you right in the gut. So who is Demetrio Furtash?
Well, in short, Furtash is a business rival of the infamous George Soros. You know, liberal billionaire mega donor who's got his tentacles and all kinds of things.
Races in the United States, political action committees, liberal causes everywhere.
Far left, anti-law and order, district attorneys races.
Soros' money is everywhere.
Firtash is an enemy of Soros.
And it's interesting that Glenn Simpson has a real interest in Firtash and
trying to take Firtash down.
Soros have anything to do with that?
You may say, well, that's an interesting angle.
How does it relate to the dossier that appeared in all the
anti-trump conspiracy theories that appeared later on let's go to another article at the
formerly excellent hill now a pile of trash when john solomon was still there it was great the hill
u.s embassy pressed ukraine to drop probe of george soros during the 2016 election you remember
this story this This is fascinating.
So Firtash, who Simpson writes about in a movie script,
is an enemy of George Soros,
a business rival of George Soros.
Soros has a real interest in Firtash.
It's not a good one.
From that Hill piece, this gets really interesting.
So there's a memo that was circulating,
including a chart of the Ukrainians the soros team wanted to have pursued including some with ties to manafort who magically appears in a movie script
too senior law enforcement officials confirmed to solomon that the early kleptocracy collaborations
inside ukraine listen to this led to highly visible u.s actions against the oligarch, Demetrio Firtash,
a major target of the Soros group. Oh boy. So just to be clear, back in 2007, Glenn Simpson,
who was working on a dossier that I'm going to show you in a second, later on is funded by a
Soros related group. Glenn Simpson years ago had an interest in a second, later on is funded by a Soros-related group.
Glenn Simpson years ago had an interest in a Soros business rival,
who it's alleged by law enforcement contacts Solomon has. Soros wanted prosecuted?
Wanted the same guy Furtash prosecuted? Simpson, Furtash, Soros, Furtash, Furtash,
Manafort. Ladies and gentlemen, it's a movie script. The whole thing was written in 2007.
It was tried against McCain.
It didn't work.
It was just recycled garbage used to prosecute Trump later.
The origin of these stories is clear.
How much did Soros have to do with this?
Again, the first two chapters of my book, it's coming out in October.
You can pre-order it now.
Follow the money. It's coming out in October. You can pre-order it now. Follow the money.
It's my best one yet.
Are about this Soros angle that no one wants to talk about
because they're afraid of the lunatics
at Media Matters.
We don't care at all.
As a matter of fact,
when they bring it up,
it only encourages me
to talk about it more
and write more books.
I can't talk about Soros.
I'll talk about whatever I want.
So George Soros' business opponent was a target of Glenn
Simpson too as far back as 2007 and appeared on some not do not prosecute list but a go and
prosecute list go get this guy Firtash Soros's group wanted that was that to take out a business
rival that have anything to do with Glenn Simpson's interest in Firtash I'm just checking
I'm just asking the question is that is that okay we allowed we allowed to do with Glenn Simpson's interest in Firtash? I'm just checking. I'm just asking the question. Is that okay?
We allowed to do that?
You know, they have on the five one more thing.
Let's start one more thing in here.
So let's go to this Federalist article about George Soros,
because this is fascinating too, by Paul Sperry from a while ago.
Again, be up in the show notes.
Soros funded PR shop constructing media echo chamber to push impeachment.
Fascinating. Let's look at this little takeaway from the piece about how George Soros seems to have the exact same enemies as Glenn Simpson, who wrote about these people.
So the Democracy Integrity Project is led by Dan Jones.
The Democracy Integrity Project, which takes money from Soros, by the way, who worked for Dianne Feinstein.
It employs the key opposition
research figures behind the salacious and
unverified dossier. Fusion GPS
co-founder Glenn Simpson and
ex-British intelligence officer Christopher
Steele. Its financial
backers include actor-director
Rob Reiner and billionaire activist
George Soros.
So Simpson writes back in 2007
in Glenn Simpson
about Dmitry Firtash.
Soros doesn't like Firtash.
Allegations surface that Soros
wants Firtash prosecuted in Ukraine
conveniently to hide Ukraine
and impeachment hoax develops
against Trump who's looking
into what happened in Ukraine. We then find out that Soros, one of his groups,
is financing a Democrat staffer who's then paying Simpson and Steele and others to continue to look
into the dossier. The same people had an interest in George Soros' business opponent and taking him
down a while back. I don't know, Firtash. I'm not vouching for Firtash. I'm just saying, you don't find that a little unusual that George Soros, whose money is
clearly filtering down into the dossier project funded by Hillary Clinton, the Soros team
and others, that the same enemies of Soros are the enemies of this guy, Glenn Simpson,
who put together the whole dossier with Steele?
You don't find that even a little bit unusual?
Crazy. Crazy how they're
missing only the biggest story of our time. It was a movie script, folks. It was always a movie
script. The old names were scratched out. Haley Barber, Bob Dole, those were the names in the
2007 article. Republicans, by the way. And they were replaced with Donald Trump and John McCain.
It's really no more complicated than that. Outside of Manafort, none of these people had
any attachment to the Trump campaign at all. It was all made up. Alpha Bank, the Manafort
black ledger, it's all garbage. All right, let me get on to my last sponsor. And I want to talk
about this video here
and this article about the teachers unions.
This is getting, and an email I got.
I'm not going to mention the teacher's name,
but an email I got that's very important.
So don't go anywhere.
It's going to be an important segment.
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I'm enjoying today's show. I love the Spygate stuff and it only comes up once in a while.
And today's a good opportunity. All right. So I read this article in the wall street journal.
Listen, ladies and gentlemen, this, again, I can't say this enough.
I don't want to keep repeating content, but I'm just as a friendly reminder.
To the teachers unions out there, you are making a catastrophically awful decision,
trying to extort parents into making bad decisions by keeping their kids out of school.
Terrible worst decision ever. Here's the journal of school. Terrible. Worst decision ever.
Here's the journal article I'm talking about.
School opening extortion.
Teachers unions are using COVID-19 as a political weapon.
Again, I can't think of a more disgusting thing to do.
Now, before I get into this segment, I just want to be crystal clear.
The teachers unions are totally disgracing themselves.
Totally.
It's beyond, it's disgusting.
It's so gross right
now that whoever's telling you this is a long-term strategy to get parents onto your side by extorting
them and threatening to not teach their kids is so bad that you should have the political
consultant who told you to do this arrested for political malpractice. Seriously. I don't know
who you're, I told you the example of
blue, deep blue Montgomery County in my former home state of Maryland, where liberal parents
are losing their marbles over what's going on right now. Having said that, I can't be clearer.
I can't be any clearer. This is not about the teachers. I get volumes of emails from teachers.
One, she asked to remain nameless. I'm obviously not going to say her name, but sent me a very nice email.
You know who you are saying, Dan, 80% of the teachers I talk to, I'm just citing her email.
80% are dying to go back to school.
They know how terrible this is.
Some of them are afraid of losing their jobs and they are disgusted by what the teachers
unions are doing.
I say that because I'll still get an email once in a while thinking this is an attack on teachers it is not
it's like joe perfect example for you right joe was in the radio business for a long time there
is a broadcasters union and some people have to join i know people who had to join who hate being
a part of that union i'm just saying they've told me that i don't know anything about them i'm not
in i'm not bad mouthing i'm just saying. They've told me that. I don't know anything about them. I'm not in it. I'm not bad-mouthing.
I'm just saying.
I remember this conversation.
I'm tired of paying these dudes.
I don't like these people.
They're two different things.
The broadcaster, the union.
They're two separate things here.
The teachers, Joe knows exactly what I'm talking about.
The teachers and the teachers' union.
This is not about the teachers.
Not.
The unions are a disgrace.
From the journal piece. This is a great line line like whoever told them this was a good idea the unions we're not going to teach your kids and you're going to
pay us more good strategy there folks quote wall street journal the teachers unions have a cynical
interest in forcing their competitors to shut down too what a humiliation it would be if charter and
private schools reopen and demonstrate that
in-person education can be done with the right misc mitigation. Or if parents unsatisfied with
the public school's response to the coronavirus decide a private school would be better for their
child. Can this get any worse? Can you imagine a worse scenario where the teachers now, the
teachers unions don't want their teachers educating your kids in public schools, but they don't want their competitors in non-union charter schools open either
because they don't want to be humiliated when the teachers open up and do it safely.
That's right.
Joe, I mean, Joe, I'm not kidding. Can you imagine a worse strategy?
I mean, I'm trying to think of like analogies here to make sense. How bizarre this is.
It'd be like in Joe's old business.
Listen, we don't like our radio audience.
So what we're going to do is we're going to keep the show off the air for a month until advertisers start paying a higher rate.
You'd be like, is that right?
We're not broadcasting anything until you come up with higher CPMs for ads.
You'd be like, who told you this was a good idea?
Who told you this?
We're not teaching your kids until you pay us more.
And by the way, if you try to send your kid to a competitor,
we're going to shut them down too.
They're making it even worse.
We're not running a radio show to the
advertisers. We're going to be nothing but white noise on the air. And by the way, we're boycotting
our competitor. We're going to shut them down too. You can't even listen to them too. We're
going to make sure they're off the air. Who told you this was a good strategy? Where did you get
this? On what planet do you think this is going to work? I'm doing this fighting for the teacher.
I'm not kidding.
I love teachers.
I always say, Ms. Shortino.
I don't even know if Ms. Shortino is still alive.
I love Ms. Shortino.
St. Pancras, my fourth grade teacher, she was great.
She used to give me books I'd pretend to read.
It was terrific.
Poor lady, War of the Worlds.
She gave me, what's it, Call of the Wild with Buck and everything.
And I tell her I read them.
I don't think she knew.
She probably knew I didn't read them, but I just liked the free books.
Swiss Family Robinson.
But they were around.
And eventually I picked them up and looked at them.
I think.
I actually read the Call of the Wild probably seven years later.
But I loved Miss Shortino.
She was great.
Ms.
Gilfeather.
I know she's passed.
God rest her soul.
She used to say,
Dan,
life's a bowl of cherries.
Don't fall in the pits.
It was genius.
Maybe not Plato like material,
but it was genius when you're whatever,
five years old,
who the hell knows how I forget what year.
No,
that was fifth grade.
So I was older.
They were great teachers.
Sister Ellen.
Sister Ellen was a little mean in third grade.
She wouldn't hesitate to give me the old her on the hand button.
Listen, I learned a lot.
I love teachers.
I'm doing this in your best interest.
I'm not kidding.
You all are great.
I read your emails.
Your unions are failing you.
They are destroying your brand. You have a brand. I read your emails. Your unions are failing you. They are destroying your brand.
You have a brand. Everybody has a brand. I don't mean that in a mercenary capitalism sense.
I mean, you need parents and you to be on the same team. And to be on the same team,
your brand is selling the parents on the idea that you're producing value for their kids. Is it not? That's what it is, right?
We have a brand on this show.
Joe said it, ironically,
of all the marketing people I've ever paid,
I swear on my life,
we paid a lot of dough for marketing.
Joe said it best to me one time.
He goes, Dan, our show is everything
you need to know in an hour.
That was it.
I loved it.
I've never, it's it.
Joe, that was Joe, not me.
I didn't make that up.
Joe did.
He got no bonus for that either.
It's a damn shit. This year, we'll have to give you a bonus end of the year okay but that was a good
that's our brand facts and the stuff you need in an hour little over an hour for your ride home
that's always been our brand teachers have a brand send your kids to us we're going to teach
them the skills they need to succeed in life your brand isn't don't dare send your kids to us as we extort you for more
money. That's not your brand. Who's telling you that? That's not your brand. It's not good.
Paula's laughing. She was mad at me after my jingle. It was a great jingle. Now she's back
on Team Bongino. This is great. Showing you how this is based on nothing, by the way.
We're going to keep your kids out of school until you pay us more.
Here's the CDC director.
This is a different clip from the one I played.
It's the same guy, but different clip.
This is Dr. Robert Redfield testifying in front of a committee saying,
listen, I actually have a person in my family who's high risk,
and I want them back in school too.
There is no science to back up your assertions that you should be extorting parents for more money, keeping their kids out of school.
Listen to the CDC director himself. Check this out. I just want to reemphasize because I don't
think I can emphasize it enough. As the director of the Centers for Disease Control, the leading
public health agency in the world, it is in the public health interest of these K through 12
students to get these schools back open for face-to-face learning.
Mental health service, 7.1 million kids get it in school.
Nutrition, we talked about.
Reporting of child abuse, sexual abuse, mandatory in schools.
The isolation that these adolescents are feeling that now is associated with increased, as you mentioned, increased drug overdose deaths and now over increased suicides. I think it is really important as a grandfather, 11 grandkids.
I want these kids back in school. I have one grandchild with cystic fibrosis. I want it done
smartly. All right. But I think we have to be honest that the public health interest of the
students in this nation right now is to get a quality education and face to face learning.
And we need to get on with it. Folks, you just heard it right there.
It's really time for the liberal hack media,
you know, the PP tape hoaxers.
I know they're all about gaslighting and hiding Joe Biden
and everything like that, but you're really,
you're sacrificing an entire generation of kids
on the altar of liberal activism.
It's time for you to start reporting on this
and the disgrace that has become the teachers' unions, the total disgrace. It's time for you to start reporting on this and the disgrace that has become the teachers unions,
the total disgrace.
It's time for you to tell the American people
the scam that's really going.
This is an extortion racket right now
based on no science whatsoever.
All right, I teased this yesterday.
I want to get to this tax article.
It's important.
I got about 10 minutes left in the show.
This is a critical, important piece.
Folks, you have an election coming up,
obviously Joe Biden.
It's a binary choice at this point. Biden's a disaster. We know that. We know he doesn't know where he is. He
doesn't know he's running for president. But I wanted to focus on, for this election 2020 kind
of part de section B block, how is he actually going to affect your wallet? Because there's
some confusion. And here's where the story originates. My mother-in-law comes over a lot.
We love her to death.
And she's really a big Trump supporter.
MAGA to the core, you know?
And when I was explaining to her the things Biden and his Democrat allies have promised
to do if he's elected, she was genuinely stunned to the point where we had to talk her out
of like not emptying her retirement account.
She was, I mean, I'm not trying.
And then Paula was like mad at me.
She's like, you're freaking out my mom.
She's going to spend all night where I wasn't trying to worry your mom.
I'm just trying to give you the facts.
So you understand what decision you're making,
how critical this is.
If you're still up in the air, my mother-in-law is going to vote for Trump.
It's not even a mystery,
but there are some people out there who really believe that Biden is somehow
going to be good for their wallets.
And my question to you is why do you believe that? What has he told you? That's going to be good for you wallets. And my question to you is, why do you believe that?
What has he told you that's going to be good for you, your wallet, and your business?
Let me go to this Wall Street Journal article.
And they lay out a whole bunch of taxes called, read Joe Biden's lips.
New taxes.
More than $3 trillion in new levies on incomes, payrolls, and more.
You are going to pay more if you're cool with that.
And you want to pay more, a lot more.
Vote for Biden.
That's your guy.
I'm not messing with you.
I'm not.
I'm not trying to scam you.
It's not a trick.
If you like higher taxes and that's what you want for you and everyone else, vote for Joe Biden.
Here they are.
By the way, I'm just going to go through four or five screenshots here.
There's like 10 of them in that article.
I'm just going through the, there's others taxes out there.
In other words,
he wants to hike that I'm not even including in the interest of time.
Let's go to number one.
I told you I'd talk about this yesterday.
It's important.
Individual income taxes.
He's already promised to repeal the Trump taxes,
the Trump tax cuts.
So if you're a middle-class person,
your income taxes are going to go up from 24 to 28%.
Or if you're in the lower middle class,
it's going to go up from 22 to 25.
And the top marginal rate's going to go to 39.6 from 37.
They're also going to repeal the $10,000 SALT deduction,
so a lot of rich folks are going to get a nice little benefit.
You want to pay more in taxes than the middle class?
Vote for Biden.
Your rate will go up.
If you're paying 24%, you'll now pay 28. 3%
more of your income. If you're paying 22,
you'll pay 25. That's 3.
3% more. 1,
2, 3. If it was Joe Biden, 1,
2, 3.
If you're watching the YouTube, you'll get it.
Counting toes next.
You want to
pay more? Vote for Biden. He's your
guy. He said it. He's already said it. I'm going to repeal them. They're going to have a majority if biden he's your guy it's he said it he's already i'm gonna repeal them
they're gonna have a majority if they win they'll do it lickety split number two payroll taxes you
know social security the other stuff he wants to apply the 12.4 social security tax to all incomes
over 400 000 with no cap the current payroll tax comes off after $137,000 of income.
Come back to me.
This is important.
People understand this.
That Social Security tax isn't levied after a certain amount of income, $137,000.
There's a reason for that.
There's an old adage in Washington, D.C.
You should memorize.
You may not like it.
It may not be cute, but everyone in DC knows what it is.
And you know what that is?
A program for the poor is a poor program.
Yeah, I remember that one.
Yeah.
Remember that?
I know.
I knew you.
I was going to kind of say like,
because I've said this before.
I've heard this from many people.
Why is a program designed for the poor,
a poor program in Washington, DC parlance?
Because to get mass consensus on an issue, Social Security, Medicare, whatever you need to pass a program, people want to feel like, yes, it's helping people who are poor, but you have to earn it.
You may not like that.
You may be a liberal and you may feel like nobody should have to earn anything.
I don't care.
I'm telling you to get the United States in mass to back a program, Social Security, they want to feel like should have to earn anything. I don't care. I'm telling you to get the United States en masse
to back a program, Social Security,
they want to feel like people have to earn it.
The idea with Social Security is after $137,000,
the rest is just redistributed money
and you're just paying for other people's retirement income.
So in order to make Social Security feel like an earned benefit,
because you're not going to get that much from it,'re the earnings you could be taxed on were capped because anything taxed above that you
weren't getting back and it would be redistributed redistributed you get it no one wants to pay for
a retirement fund for someone else that's why they capped it they're blowing that cap out
which will make it a poor program because it'll be a program for the poor.
Believe me, once rich liberals catch on to the fact that they're paying to finance other
people's retirements, I don't care what they tell you about compassion in it for the little
guy dreaded air quotes.
That's going to go away tomorrow.
A program for the poor is a poor program.
You want to destroy Social Security?
Take out the cap tomorrow.
Watch all the rich liberals panic.
Tax number three, which is about to go up.
So your Social Security tax is going to go through the roof.
Your income taxes are going to get high dramatically.
Capital gains.
If you're earning more than a million,
they're going to tax capital gains and dividends as regular income
at a new top rate of 39.6%.
That's double the current rate.
Capital gains haven't been taxed as bad since the 1970s.
You may say, ah, Dan, that doesn't matter to me.
I'm middle class.
I don't care if rich people get taxed on their stock earnings
at double the rates they are now.
You don't.
Well, that's really dumb
because you clearly haven't thought any of this through.
You have a pension.
You have a 401k.
Why are those stocks
worth something?
They're worth what they're worth
because other people
are willing to buy them
for their amount, right?
You can't tell me
you have a baseball card
worth a million dollars
when you only have one buyer
who's willing to pay 10, right?
The baseball card's worth
what your only buyer
is willing to pay for.
My house is worth $600,000.
You have no offers
for seven years.
The only offer you have is $200,000. You know what your house is worth? $600,000. You have no offers for seven years. The only offer you have is $200,000.
You know what your house is worth?
$200,000.
Now you've got a bunch of rich folks who are now paying double the tax on their stocks
they paid before, meaning their earnings on those stocks are going to go down, meaning
those stocks to them are worth less.
So when your pension tries to cash those stocks out, all those rich people who are going to buy them up are only going to buy that
many fewer stocks because they don't have as much money.
Meaning you don't either.
Oh, it's not going to affect me.
That's the rich idiots.
Good luck with that one.
You clearly haven't taken an economics class.
Those air quotes,
rich idiots are the ones buying the stocks from you keeping the valuations high
yeah number four this one's a doozy i told you about this the other day
so ron wyden the ranking democrats suggesting taxing unrealized gains before the investor
sells using a mark to market scheme folks i talked this. This freaked my mother-in-law out.
Ron Wyden is a prominent Democrat in the Senate
that is actually talking,
if they get in charge and take power,
about taxing stocks you haven't even sold.
By the way, no refunds if you lose money on the stocks.
You haven't even sold them.
You understand what I'm saying, right?
You bought a stock 15 years ago on IBM.
It's up 100%.
You bought it at whatever, at 50, it's worth 100.
You haven't sold it.
You're going to have to pay taxes on the gains you don't even have.
You haven't sold the stock.
Unrealized gains.
It's right there in the Wall Street Journal.
That's a real doozy coming down the pipeline.
Good job, Joe.
Well done.
Anyone got Biden on the record about that? You're going to start taxing unreal. You want to crash
the stock market tomorrow? One last one and we'll rock and roll for the day here. You want a business?
There you go. Your corporate tax is going back up again. Your business is going to be taxed at the
new rate of 28% from 21%. To see how this compares globally,
add America's state taxes on corporate income,
8.8% in California, 9.5% in Illinois.
Last year, the European Union's average top rate
for businesses was 21.8%.
Don't be surprised if U.S. companies
all return to the pre-Trump pattern
of moving their headquarters overseas.
You like that?
So your income taxes are going up. Your payroll taxes are going up. Your taxes on your stock gains are going to go up. Your taxes on
your stock gains you don't even have are going to go up. And if you own a business, it's about
to go overseas where the tax rates are going to become dramatically more competitive as your
business taxes go up too. Sounds like a real winner. Can't wait to vote in 2020.
If you love the sound of that, Joey B is definitely your guy.
100%.
You can only hope he will forget these tax plans when he gets into office and not remember.
That's your only hope right now.
That he won't remember actually discussing the stuff I just told you about.
That's your only hope to save your wallet.
I'm very sorry.
All right, folks.
Thanks again for tuning in.
I really appreciate it.
Please subscribe to the show on Apple Podcasts
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That's a bold goal.
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Let's get to a million.
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See you all tomorrow.