The David Pakman Show - 11/24/23: Judge orders Trump's business dissolved for fraud, Biden joins picket line (CLASSIC EPISODE FROM 9/27/23)
Episode Date: November 24, 2023THANKSGIVING WEEKEND / CLASSIC EPISODE FROM SEPTEMBER 27, 2023 -- On the Show: -- President Joe Biden joins striking UAW workers on the picket line and delivers encouraging remarks to them -- Californ...ia doubles taxes on guns and ammunition to pay for school security -- A judge rules that Donald Trump committed fraud in his business dealings and orders the dissolution of the Trump Organization -- Failed former President Donald Trump absolutely loses his mind over a judge's ruling that his business has to close -- Liberal Fox News host Jessica Tarlov brings up Donald Trump's cognitive glitches from the last two weeks and her right-wing co-hosts are not happy -- 2024 Republican presidential candidate Vivek Ramaswamy's campaign is collapsing as he has now fallen behind Nikki Haley in recent polling -- Fox News slashes ad prices for tonight's second Republican presidential debate as advertisers and viewers both seem increasingly uninterested -- Donald Trump melts down, slamming Fox News as the friendship crumbles -- Voicemail caller says David is deaf, dumb and blind, and that it is "obvious" that President Joe Biden "sold us out" to China -- On the Bonus Show: Hunter Biden sues Rudy Giuliani, FTC and 17 states sue Amazon on antitrust charges, Kevin McCarthy wanted Bob Menendez to resign until he was confronted with George Santos, much more... 🔊 Babbel: Get 55% off your subscription at https://babbel.com/pakman 🎁 Uncommon Goods: Get 15% off at https://uncommongoods.com/david 🍜 Use code PAKMAN5 for $5 off immi ramen noodles at https://immieats.com/pakman5 💻 Get Private Internet Access for 83% OFF + 4 months free at https://www.piavpn.com/David 🧠 Mindbloom: Use code PAKMAN for $100 off at https://mindbloom.com/pakman 💻 Stay protected! Try Aura FREE for 2 weeks: https://aura.com/pakman ☕ Beam melatonin hot cocoa: Get up to 50% OFF at https://shopbeam.com/pakman 🖼️ Aura Frames: Use code PAKMAN for $40 off at https://auraframes.com/pakman -- Become a Supporter: http://www.davidpakman.com/membership -- Subscribe on YouTube: http://www.youtube.com/thedavidpakmanshow -- Subscribe to Pakman Live: https://www.youtube.com/pakmanlive -- Follow us on Twitter: http://twitter.com/davidpakmanshow -- Like us on Facebook: http://www.facebook.com/davidpakmanshow -- Leave us a message at The David Pakman Show Voicemail Line (219)-2DAVIDP
Transcript
Discussion (0)
Hey, this is David Pakman inviting you to enjoy a classic episode of The David Pakman
Show.
Today, we will return with new shows before you know it. Speaker 1 President Joe Biden yesterday became the first sitting president in history as
far as anybody's been able to dig up to join striking workers on a picket line.
Certainly at least from an optics perspective, one of the most pro labor actions of any sitting
president. We'll discuss the record in a moment.
Obviously, we can talk about words and we can talk about actions.
We can talk about optics versus legislation and we will.
But a very interesting moment, of course, in contrast with Donald Trump not being welcomed
by the U.A.W. workers because Trump is not actually pro union. Trump will
still go to Michigan today. Listen to this. Trump's going to Michigan to try to associate
himself with the union fight by visiting a non union shop. It's completely bonkers. Cuckoo
for Cocoa Puffs stuff. But Joe Biden showing up and telling the workers, you guys save the automobile industry.
The fact of the matter is that you guys, UAW, you saved the automobile industry back in 2008 and
before. Made a lot of sacrifice, gave up a lot and the companies were in trouble. But now they're
doing incredibly well. And guess what? You should be doing incredibly well, too. Wall Street didn't build the country. The middle class built the country.
Built the middle class. That's a fact. So let's keep going. You deserve what you've earned and
you've earned a hell of a lot more than you get paid now. And listen, the Biden straight up saying you deserve what you earn and you deserve
more.
This is a decidedly I'm on the side of the workers move by Joe Biden.
And the contrast with someone like Trump hanging out at gold plated Mar-a-Lago with people
who can afford to spend ten grand to sit at Trump's table or even at
the next table over.
The contrast really could not be more stark.
The president of the UAW United Auto Workers, Sean Fain, also, as far as he knows, a historic
moment with Biden being the first sitting president ever to do what Biden did yesterday,
joining strikers on the picket line.
Oh, no.
And this clip is glitching.
We've had trouble with this clip all day.
It's just I think Antifa might be running the clips.
Let's see.
The first time in our country's history that a sitting U.S. president has came out and
stood on the picket line. And more from Joe Biden about the importance of labor and workers and the
idea that despite the fact that the workers often don't get the credit, it's the workers who
actually built the country through their work. Here is Joe Biden once again. Speaker 4 And let's get back to winning solidarity for all of our members and economic and social
justice for all of our members.
Speaker 5 We say many times Wall Street didn't build
the country.
The middle class built the middle class.
So let's keep going.
You deserve what you've earned and you've earned a hell of a lot more than you get paid
now.
All right.
So this is not nothing.
It's notable, but it is not policy.
That's a fair criticism.
One can look at this and say, all right, well, no sitting president has ever done this before.
And Joe Biden did.
And that's very nice.
And Joe Biden is praising the workers and saying, we built the country on your labor
and saying you've earned what you've been paid and you deserve to be paid even more.
That's fine.
But this is not actually policy.
That's fair.
What has Joe Biden actually
done when it comes to policy to support labor? Well, first of all, we shouldn't diminish the
platform that a president has. So the idea that words are nothing when you're the president,
we have to get away from that. When Trump used his words to attack workers, it was something,
even if it wasn't policy.
And when Joe Biden uses his words and the bully pulpit to support workers, that's also
something.
So using the platform to advocate for labor rights and encouraging state and local governments
and private companies to adopt pro labor practices coming down on the side of striking workers,
that is actually not nothing when a president does it. But look at
some of the policy from the Biden administration. None of it's perfect, but the bipartisan
infrastructure law expected to create hundreds of thousands of what are often known as blue collar
jobs. That's a big deal. The Inflation Reduction Act and what it does to foment and create
renewable energy jobs, which, quite frankly, if we look
10 to 12 years down the line, are going to be even more widespread than they are today,
probably better paid and arguably will better prepare workers for jobs in other industries
going forward.
That's a really big deal.
Executive order requiring federal contractors to pay at least
15 bucks an hour. Unfortunately, this week, that's now being held up that it may get taken out by
by courts, unfortunately. But Joe Biden tried it. He did put that executive order in place,
appointing pro-labor officials to key positions. A great example
is a former Boston mayor, Marty Walsh, as
secretary of labor. Biden supported the Protecting the Right to Organize Act, also known as the
Pro Act, which was passed by the House in twenty twenty two twenty twenty one, ultimately
stalled in the Senate. The Pro Act would strengthen labor laws, make it easier for workers to
form unions and bargain
collectively. This is real stuff. There's a White House task force on worker organizing
and empowerment, which is working on how can we encourage while also protecting workers from
blowback if they try to organize or bargain collectively. So I don't know that I'm yet ready to say Biden is the most pro-labor
president, at least in the modern political era. I don't know that I'm ready to say that to you
today with peace and love, but it's certainly getting very close and it's getting more and
more difficult to find a more pro-labor president than Joe Biden. Is it enough? It's never enough. Could he do more? You can always do more
by the standards and expectations set over the recent 40, 50 years. Is this pretty good? Pretty,
pretty, pretty good overall. Yeah, it's pretty good. And Joe Biden showing up the picket line
is the latest. And you really do love to see it. California has doubled taxes on
guns and ammunition to pay for school security. I don't know if people are expecting what I'm
going to say to you today, but I am not that big on this being the way in which we try to curb gun violence, limit access to dangerous guns for
dangerous people, etc.
We'll talk about what was done in California.
I'll tell you sort of like the good and the bad.
The Guardian reports California doubles taxes on guns and ammunition to pay for school security.
Gavin Newsom, the governor, signed a law that adds an 11 percent state fee to the existing
federal taxes for arms sales.
The federal government already taxes guns and ammo at either 10 or 11 percent, depending
on the type of gun.
What Newsom is doing is adding another 11 percent at the state level.
This makes California the only state with its own tax on guns and
ammunition, according to the gun control advocacy advocacy group Brady. OK, so let's talk a little
bit about this. First of all, it is terrible and depressing and dystopian that we need so much
money to keep schools safe. The idea here of, well,
schools are a place where kids are in danger. So let's put an 11 percent tax on guns and ammo
in order to make schools safer. The fact that we need to do so much to keep students safe
is extraordinarily depressing. It's not today's conversation, but it's a reality that should not
be ignored. Now, let's talk about some of the counterpoints to doing this. Counterpoint
number one that I've seen floating around is this is a plain old money grab. It's politicians saying,
hey, here's a way we can get some more money and do it in a way that's politically advantageous.
All right. I'm not super compelled by that. I mean, it you could say it's a money grab to do
something specific, useful and which just about everybody, I think, it you could say it's a money grab to do something specific, useful and
which just about everybody, I think, agrees with, which is keeping students in school safe. They may
disagree about how to do it. Is it reducing access to guns or is it locking the doors? As Ted Cruz
said, well, we may disagree about how to do it, but I think everybody agrees that keeping kids in
school safe is valuable. So money grab to do something we all think should be
done. Another counterpoint is this is something that will disproportionately affect low income
people because it is the low income folks who will be less able to afford guns and ammo with
an additional 11 percent tax. The wealthy, the elites, whatever, they'll just keep buying the
guns and ammo and pay another 11 percent. It's not going to affect them. I think that that is
absolutely the case. And that is often the case when you look at this sort of legislation,
the big soda tax from Bloomberg in New York City. Well, now the poor people will just spend more
per ounce by buying two medium sodas instead of what it'll disproportionately
hit them. Not shocking. That is often the case. Another counterpoint is this is going to be
appealed and ruled unconstitutional. And that's quite possible. I would not at all be surprised.
You know, we we've seen when Joe Biden, one of the iterations of Joe Biden's student loan debt
relief, Pat and I both saw it. And based on what legal experts were also saying at the time, we said,
I don't know that this is actually going to stand up. And it didn't. And likewise,
there are legal experts saying it's not really clear that this is going to stand up. And this
gets me to the real issue. Does this disproportionately affect the poor, low,
middle income people much more than it
affects wealthy people who just are going to keep doing the exact same thing because
the 11 percent doesn't affect them?
Of course it does.
That's true.
Is this also potentially going to be ruled unconstitutional, struck down?
Yes, that is certainly possible.
And so my view in general on this is whatever you believe about gun ownership, constitutionality,
whether you should be allowed to have semi automatic automatic weapons, shoulder mounted
RPGs, grenades, Apache helicopters, tactical field nukes, whatever your opinion is about
what people should be allowed to have.
I don't fundamentally believe that the way to control
access to these firearms is through the artificial barrier of attacks to make something artificially
more expensive. If people can own guns, your right to do so shouldn't be primarily dictated
by the amount of tax that's placed on it. Now I know that we can look at cigarettes and say, hey, you know, with cigarettes, you
you raise the taxes more and more and more.
It just gets unaffordable.
And at a certain point, people are going to stop smoking.
And I don't deny that whatsoever.
The gun conversation is a little bit different, in part because of the Second Amendment argument. My preference would be
if it's going to be tax based, make it based on a percentage of your income. The problem is,
how do we define income? Is it just wages? Because the very wealthy don't earn money through wages.
They earn money through dividends. So is it then adjusted gross income? Well, based on which year
and it's sort of a minefield. But at least if you want to go the tax route, it would be worth exploring. It's a percentage of income versus just an 11 percent.
But I believe there are far better options, including options that governors can take
unilaterally, maybe with less legal controversy and risk, whether it's background checks, waiting periods requiring liability insurance.
OK, I am worried that this is the wrong approach because it does disproportionately hit the
poor.
And at the end of the day, you're not really dealing with what is and should be legal.
Should it be legal to have bump stocks or certain types of weapons?
Should people under age 25 or 21 have all the
same access to weapons that a 35 year old has? Those are really the most material and germane
questions to the debate and saying, let's just dissuade the poorest people by putting an 11% tax
on. Not only may it not stand up to legal scrutiny and we will see, I don't think it's the right
philosophy. Is this an OK idea in the interim? I don't know. I don't know. It's not super exciting
to me, but at least he's doing something. Most most states are doing absolutely nothing.
Let me know your thoughts. Let me know what you think. Do you think this is the right approach,
the wrong approach? Will it stand up legally? We will certainly have an opportunity to do a follow up. We're going to take a very quick break. We will
talk after the break of the directive from a judge that Trump's business be dissolved
for fraud, as we often hear it called. It's an incredible story. Trump's wildly triggered
by it. And we'll discuss it in just a moment.
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four years for indictments. All one word, no spaces. And it's the number four, not spelled
out, but the number four, four years for indictments at join pacman.com. A judge has ruled that Trump
committed fraud and has ordered Trump's business dissolved like ethereal steam disappearing into
the atmosphere. I don't know. This is extraordinarily incredible stuff and it just
continues to go wrong. The Associated Press
reports Judge rules Donald Trump defrauded banks and insurers while building his real estate empire.
What a surprise. What? It's so shocking that Trump would do this. A judge ruled Tuesday that Donald
Trump committed fraud for years while building the real estate empire that catapulted him to fame and the White House.
And he ordered some of the former president's companies removed from his control and dissolved.
Couldn't happen to a nicer guy, huh?
Judge Arthur Anger on ruling in a civil suit brought by New York Attorney General Letitia
James found that Trump and his company deceived banks, insurers and others by massively overvaluing his
assets and exaggerating his net worth on paperwork used in making deals and securing loans.
And Garan ordered that some of Trump's business licenses be rescinded as punishment,
making it difficult or impossible for them to do business in New York and said he would have an
independent monitor oversee Trump organization operations.
If not successfully appealed, this would strip Trump of his authority to make strategic and
financial decisions over some of his own properties in New York.
Trump is having his own biz decision making ability taken away for his own companies.
Isn't this just an absolute pleasure?
Further reporting from the Daily Beast, Trump basically just lost the New York bank fraud case
before it even started. Former President Trump had talked top executives and heirs were declared
completely liable of persistent and repeated fraud. And the real estate empire was unceremoniously The judge also ordered little detail from this. It always seems to go wrong for lawyers who represent Trump or his
businesses. The judge also ordered seventy five hundred dollars per lawyer sanctions on Trump's
lawyers because they made frivolous arguments in court filings. We've been saying that for Trump's
criminal trials, if his lawyers try to make the arguments that
they're making in public, that Trump is making in public, I had every right because it's
under the Presidential Records Act.
That's not true.
If they try to make that legal argument in court, it's not going to go well at all.
They're indicting me because of speech violating my First Amendment rights.
No, it's in the first page of the indictments.
You can say whatever you want.
You can even lie about winning.
But you engaged in an actual criminal conspiracy, allegedly criminal conspiracy to disenfranchise
voters.
That's why you're being indicted.
We are going to see very quickly.
Whether other lawyers will also be sanctioned for making the bogus legal arguments
in court that they've been making in public. Now, let's talk about what else is going to
happen here. Trump may now be sued by every single bank and insurance company that he
ever presented with the inflated or incorrect data or numbers for which he
was found to have acted fraudulently. Every place that he used the financial documents that were
deemed fraudulent in this case by the judge yesterday are now going to come back to haunt him
as every single one of those creditors and potential creditors is going to be out for blood.
This may even get to an issue with the IRS.
Now let me remind you what the sort of scam is that Trump was was perpetrating here.
On the one hand, if Trump needed loans or if he needed credit, he would say, look at
these buildings, they're worth billions. I think he
actually said Mar-a-Lago was worth one point five billion. More reasonable estimate is three hundred
million. So if he wants to use his properties as collateral, he says they're worth so much money.
On the other hand, if he wants to minimize real estate taxes when it comes to local authorities,
he says, oh, look at this terrible building. My bathroom is stacked
to the ceiling with with boxes and we flooded the surveillance room and all these different.
This thing's not worth anything. It's worth a little bit. So then you don't tax me quite as
much. This is the gist of the scam. And I was thinking yesterday, you know, all of these
allegations about the Biden crime family,
the Biden bribery family, all of this stuff. A judge just ruled that Trump's family committed
massive corporate fraud. Number one. Number two, Trump's charity, the Trump Foundation,
was found to be also engaged. I don't even remember what it was using the money as a
personal slush funds. I don't even remember.
Order dissolved as well.
And so for all of the allegations of a Biden crime family, it's the Trump family whose
charitable and business practices continue to end up being fraudulent or in any or in
a number of other ways inappropriate.
Now there are also a couple of other stories here that I think are important to mention. Now that we're getting a lot of the information that this case
is based on being released, it turns out that when Trump was asked about the overvaluation of
his properties on 2014 financial statements, Trump said in the deposition, it's not illegal because I can certainly find
a buyer from Saudi Arabia to pay any price.
I suggest that sort of statement should open up the door to a money laundering investigation
because I don't think Trump is randomly mentioning that he could get a Saudi buyer to pay him
whatever he wants for one of these buildings or properties or condos or whatever the case may be.
This is the sort of thing that Trump does.
He stumbles into more problems.
And so when I see Trump mentioning it, it's probably worth that because I could get a
Saudi buyer to pay it.
If I'm an investigator or a prosecutor, I say to myself, that's an area we really need
to be focusing now to believe Trump is innocent of everything that's going on here. He's not a civilly liable rapist. That was just
nonsense. And his business didn't commit any fraud. This was nonsense. And also all the evidence
against Trump in four different criminal trials in four different jurisdictions. It's all fabricated.
You would have to quite literally believe that every prosecutor, judge, grand jury member and witness in everything
is somehow part of the most incredible conspiracy we've ever heard of. OK, you'd have to believe
that to think that Trump's just getting railroaded or we apply a sort of colloquial version of
Occam's razor. What's the simplest explanation requiring the fewest assumptions? And it's
maybe Trump has a pattern of doing things you're not supposed to do.
And that's why this is all happening.
I don't know.
You tell me which you think it's most likely to be.
Trump, by the way, losing his mind over what happened yesterday.
Let's talk about that next.
Donald Trump took to Truth Social Central with tirade after unhinged tirade after a judge deemed
that Trump and his family and his business committed fraud and ordered the business dissolved
with regard to existing in the state of New York.
Let's start with two troughs in a row from Trump, which were republished after the decision
yesterday from the judge, Donald Trump, saying, quote, I have been unfairly sued by the Trump
hating Democrat attorney general of New York State, Letitia James, over the false fact
that I inflated my financial statements in order to borrow money from banks, etc.
Actually, that's exactly what Trump did. The judge in the case, Arthur Engeron, refused to allow this case
to go to the commercial division where it belongs because he's a Trump hater beyond even A.G. James,
who campaigned against me spewing horrible inflammatory statements, which are false and
defamatory. I am not even allowed a jury.
By the way, there's random capitalization throughout this entire thing, but I'm not even going to bring that up because it's just there's just too much here. The fact of this
case are simple. And then Trump turns on caps lock. Number one, I am worth much more than the
numbers shown on my month on my financial statements. That's almost certainly a lie,
too. I didn't even include my most valuable asset, my brand.
I don't know that you can get a loan using your brand as collateral. Number three,
the banks were paid back in full, sometimes early. There were no defaults. The banks made
money, were represented by the best law firms and were very happy there were no victims.
Four on the front page of the financial statements. There is a strong disclaimer clause telling all not to rely on these financial statements.
The disclaimer clause tells anyone reviewing the data, including financial institutions,
to do their own research and analysis.
It is a non reliance clause and could not have been more clear.
Additionally, to my being worth far more than is shown in the fully disclaimed financial
statements, again, not putting down a value for my biggest asset brand. Additionally to my being worth far more than it's shown in the fully disclaimed financial statements.
Again, not putting down a value for my biggest asset brand.
The company has hundreds of millions of dollars in cash and very little debt to great company,
blah, blah, blah.
This is not America.
That was just Trump republishing what he said before this decision by the judge.
Then Trump puts out maybe the biggest paragraph I've ever seen. This is going to make Tolstoy blush.
This paragraph is so bonkers long.
OK, Trump puts out a statement.
The widespread radical attack against me, my family and my supporters has now devolved
into new un-American depths at the hands of a deranged New York state judge doing the
bidding of a completely biased and corrupt prosecutor,
Letitia James, who ran for office based on a get Trump platform before even knowing anything about
me. That's one sentence and it contains attacks against everybody. Everybody else is doing
everything wrong. I did everything right and they indicted me. Right. Today's action is a refutation
of my status as the leading candidate for president of
the United States, including with a substantial lead over Joe Biden.
It's all because Trump's winning, right?
It is a terrible reminder that the radical left Democrats will stop at nothing and trying
to prevent me and the American people from winning the 2024 presidential election.
Regardless of party, we cannot let this happen in the United States of America. As my lead in the polls over Joe Biden continues to skyrocket, these corrupt and highly political
prosecutors and judges are getting more and more desperate and dangerous.
Remember, there is no evidence that any of these actors are acting in a politically motivated
manner.
There just has been no evidence presented of that.
Trump continues, we are rapidly becoming a communist country. Really? The government is taking over ownership of all of the businesses.
I didn't know that. And my civil rights have been taken away from me. They have not. The New York
state attorney general went before a highly politicized Democrat judge who refused allowing
the case to go to the commercial division where it belonged to simply rule despite all the evidence
to the contrary that I committed fraud, which is both ridiculous and untrue.
All right.
We don't even need to read the rest of it.
It's just complete and total nonsense.
Let me.
Oh, but there is one thing here I think that I do want to mention, which is the last line
of Trump's statement is if they can do this to me, they can do this to you.
That's a really interesting line because it's true.
If I lie about the value of my properties to get loans and then lie in the opposite
direction to pay less in property tax, they are going to do this to me as well.
It's true.
If I were to do what Trump did,
they would almost certainly go after me as well for the exact same things Trump is getting
prosecuted or sued for in these particular cases. And I would deserve it if I did what Donald Trump
did. So not having a good one, Trump skipping the Republican debate tonight, which we will discuss
more of more about after this very short break.
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The link is in the podcast notes. Speaker 1 The lone left wing co-host on Fox News is the five brings up Trump's cognitive
decline and the other hosts are paralyzed.
You'll see them not even moving an inch as they want to blend into the background.
This is so great.
We've talked before about Jessica Tarloff.
She is really good at this sort of thing.
She's one of the co-hosts on Fox News is the five
and she brought up examples because they're just obsessed with Joe Biden. Joe Biden, senile Joe
Biden's demented. He's also the greatest criminal conspirator in history. And he does that while
being completely demented and unaware of how to even tie his shoes. OK, so Jessica Tarloff brings
up examples of Trump's cognitive impairment from just the last 10 days.
This doesn't even go into last month or two months ago or last year or the year before.
These are just examples from the last 10 days. And if you're only listening, the other hosts
are simply not even moving. They're not moving a muscle. As she explained this, listen to this
based on what other world leaders and people in other countries think of America. But you said,
OK, you don't need to watch him. Let's just hear what comes out of his mouth.
And I put together some of Trump's latest cognitive beauties from the last 10 days.
He said you need an I.D. to buy bread. Has anyone shown I.D. to get Wonder Bread lately?
He said that he ran against Obama in 2016. He ran against Hillary Clinton. He warned that Biden will get us into World War II, which I'm pretty sure we already fought and won.
And yesterday he confused Jeb Bush and George W. Bush and said that Jeb got us involved in the Middle East. And then, of course, there are his authoritarian posts on Truth Social calling for the chair of the Joint Chiefs of Staff to be executed.
The thing that is going to investigate media companies that he doesn't like.
And can you imagine if Biden said, you know what, I'm going to look into that Fox News.
This they don't seem to like me over there.
This may be the choice that people have.
Yeah, she's, of course, completely correct.
This is just the last 10 days.
Here is Donald Trump insisting again,
even though he said this so many times and we know it's not true. You need I.D. to buy
bread. I saw on television one of these characters. There shouldn't be voter I.D. You have voter
I.D. to buy a loaf of bread. You have you have I.D. to buy a loaf of bread. You have
everything. You have pictures when they you have pictures. Even what does he mean by you
have pictures? I don't know. But that's true. Trump said you need ID to buy bread. Here's
Trump suggesting he defeated Barack Obama. Obama. This was a bizarre moment from a speech
in Washington, D.C. just a couple of weeks ago. Trump saying he defeated Obama and Clinton
to which year was that? Joe Biden and the radical left have weaponized law enforcement
to arrest their leading political opponent, leading by a lot, including Obama. I'll tell you what,
you take a look at Obama and take a look at some of the things that he's done.
This is the same thing. The country is very divided. And we did with Obama. We won an
election that everyone said couldn't be won.
We beat Hillary Clinton.
You know, I used to.
There you go.
He beat Obama in an election that they said couldn't be won.
And then he also beat Hillary Clinton.
I don't remember that at all.
Maybe my memory is the one that's failing.
Here's Trump saying Biden's going to get us into World War Two.
Listen, Biden's not that old and possible nuclear war.
Just think that we would be in World War Two quickly, super quickly before you know it.
If you don't elect me, Biden's going to stick us into World War Two and it's going to get
really, really ugly.
And then, yes, Donald Trump also said that Jeb Bush is the one who got us involved in the Middle East, meaning invaded Iraq.
That's what Trump is talking about. Speaker 4
The season starts. We start in Iowa. We go to New Hampshire. We come down here. You know,
the beauty was when I came here, everyone thought Bush was going to win. And then they took a poll
and they found out Trump was up by about 50 points. Everyone said, what's going on right here?
They thought Bush because Bush supposedly was a military person.
Great.
You know what?
He was a military.
He got us into the he got us into the Middle East.
How did that work out?
Right.
Right.
But they all thought that Bush might win.
Jeb.
Remember Jeb?
He used he used the word Jeb.
He didn't use the word Bush.
I said, you mean he's ashamed of the last name?
And then they immediately started using the name Bush. If Joe Biden said these things, it would be a week
of coverage for each one on Fox News and on right wing media. And Trump does it every few days. And
we're supposed to pretend everything is normal and he has an idea what's going on. It is wild stuff.
And Jessica Tarlow doing a good job. I mean,
she's up against that's a hostile environment there on the five on Fox News. And she is
genuinely good at this. I as I've said before, I don't know her broader politics. I don't know
if she's a progressive or a standard center left Democrat, or I don't know a thing about her other
than she's really good in these situations. And you can see the palpable discomfort on the faces of her co-hosts.
We're not supposed to be talking about Trump's cognitive issues.
We're not supposed to be talking about the fact that Trump is referencing events from
70 years ago as potentially being in the future.
If Biden did that, it would be off the wall.
And that's what's going on with Trump.
Vivek Ramaswamy's campaign is collapsing.
He has now fallen behind Nikki Haley.
Vivek is no longer in third place in an average of recent polls, and it really couldn't happen
to a nicer guy.
I don't know if I mean that.
As we talked about over the last week or two, Vivek Ramaswamy's
incredible collapse happening before our very eyes. It turns out that he got birthright citizenship
that he opposes being legal. It turns out that he got a minority or identity based scholarship from the Soros family, the type of scholarship he opposes.
It turns out that he Vivek Ramaswamy's company used the H1B visa that he opposes
29 times to hire people from other countries. So it's an insane level of hypocrisy that basically
comes down to if it's convenient for me, then it's fine. And if it's not, then it's bad.
And now the polling has really taken a turn for the worst for Vivek Ramaswamy.
Let's take a look at it.
Vivek Ramaswamy now polling an average of five point one.
Now you might maybe you're not remembering exactly where these numbers were not long
ago.
Vivek Ramaswamy actually got to almost eight,
eight point one. He actually surpassed eight. He has has now lost about thirty five percent
of the support he once had and has fallen behind Nikki Haley. Haley is interesting because there
are some Republicans, I would concede that they are the slightly less crazy Republicans
who believe that it is Nikki Haley, not Ron DeSantis, not Vivek Ramaswamy or anyone else.
There are some Republicans who believe it is Nikki Haley who has the best shot not only
at defeating Trump, but at defeating Joe Biden in a general election.
I don't know that they're wrong.
They actually may be right about that. But Nikki Haley is now in third
place. And if Ron DeSantis is decline continues, he may fall behind Nikki Haley before too too long.
Few other little things to notice. Trump peaking at fifty nine. He's now down to fifty six,
but still doing better than ever. Overall, DeSantis bottomed out at twelve point four.
He's gained a couple points
back up to forty fourteen point four, but really in this same range where they've both been since
about the middle to late August. But the real change here is a notable decline for Vivek Ramaswamy
and a notable climb for Nikki Haley now in third place. Now, let's ask a historical question.
It is September 27th of the year before the election.
If we go back in history and say what was going on in primaries on September 27th of
2015 of 2007 of other years, how often does the primary polling on September 27th tell you who ultimately becomes the nominee?
It's a great question because it's a fact based question.
Well, if we look at September 27th of 2015, Trump was winning the primary and he ultimately became the nominee.
So for the 2016 election on this day, the polling did tell us who would ultimately win in September 2011 in the Republican
primary. Rick Perry was a front runner in many polls out, admittedly with a smaller lead than
he once had. But it was Mitt Romney who ultimately became the nominee in the 2012 primary. So in
2012, the polling on this day did not tell us who would ultimately
be the nominee. We go back to 2008 in September of oh seven. Rudy Giuliani was leading the
Republican primary polling. But as we know, ultimately it was the late Senator John McCain
who became the nominee. So that's two out of three were on the Republican side. September 27th, the polling
did not indicate who would eventually be the nominee. Looking at the Democratic side,
if we look at September 27th of 2007, Hillary Clinton was leading and ultimately Barack Obama
became the nominee. So the Democratic polling September 27th for the 08 election did not
predict. And then we go back
to the 92 election where Bill Clinton was ultimately the Democratic nominee in September of
91. Bill Clinton was not leading the polling. So two important takeaways. Number one, polling on
September 27th of the year before the election often does not correctly predict who is ultimately the nominee.
The difference is Trump's lead is so massive right now and he's a former president and the
electorate does not seem very interested in really coalescing around anybody else.
I don't see anything right now that is likely to deny Donald Trump
the nomination. After the break, we will talk about the lack of interest in the Republican
presidential debates, the second of which is tonight. But that's another factor. The fact
that the debates are not getting strong ratings further suggests there is very little appetite here in anything
other than crowning Trump as the Republican nominee from the Republican Party.
Big picture.
So we're going to jump into what's going on with tonight's debate after the break.
I'll be streaming it.
And remember that you should be considering, OK, considering subscribing for free to the
YouTube channel.
We have surpassed
one point nine million subscribers.
We are approaching two million subscribers, a number reached by only two other left wing
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We want to be number three.
Three is not bad, right?
Right.
OK, we'll take a quick break and
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The info is in the podcast notes. Fox News is slashing ad prices for tonight's second presidential debate.
It's a fire sale. If you're looking to advertise tonight, I'll give you the pricing in a moment.
This is actually as much of a political story as it is a media story. And I will explain why
in a moment. Semaphore reporting Fox slashes ad prices for second debate as primary turns into snoozer.
The article explains advertisers paid a premium for airtime during the first presidential
debate on Fox News, but it looks like they'll be getting a major discount for round two
tonight.
Some of four reviewed the rates the network shared with a prospective ad buyer for both
the first and second Republican primary debates. For the first debate, the cost of a single 30 second spot topped four hundred and ninety
five thousand dollars.
But the same 30 second spot during tonight's debate would cost just over two hundred thousand
dollars.
That is a dramatic decline in prices.
Another ad buyer did not share the rates for ads during the
first debate, but confirmed Fox was charging 225,000 for ads during the broadcast immediately
after the event and $125,000 for 30 seconds spots during the broadcast before it. Uh,
the max says max from semaphore says the drop in debate ad rates reflects the drop off in drama during the primary.
There was incentive for advertisers to buy ads for the first one, which drove record prices, reports some historical prices.
It was the first time audiences would see many of the candidates.
And until days before, Trump was still publicly toying with the idea of showing up as non-Trump Republican candidates fail to gain traction.
There's less incentive for advertisers to pay those same record rates.
Sons Trump.
These debates just aren't big time TV because the GOP primary race has become a snoozer.
One ad buyer told Semaphore.
So let's discuss this.
Is this as simple as no Trump, no care?
Uh, well it's possible.
Or is it more like the polling is so lopsided that the guy who is obviously winning won't
even be there.
So why does this even matter?
And who is even going to watch?
And the answer is it's sort of
a bunch of these things together. If we look at the polling, again, we just looked at this before
the commercial break. Trump is just dominating Republican polling. He is now leading by an
average of 42 points ahead of Ron DeSantis, who can't even get his campaign going. Nikki Haley
has now surpassed Vivek Ramaswamy. Ramaswamy has lost about 35
percent of his support. So this is an insanely lopsided primary. But there's also a political
interpretation here. Yeah. So the debate will be boring because Trump won't be there or I don't
really care about these other candidates. So I'm not going to watch or I already know who I'm
voting for, maybe. So I'm not going to watch all of those things or possibilities.
But there's another aspect to this.
There isn't an appetite among enough of the Republican Party to seriously consider going
in a different direction than Trump.
That what does it matter what happens at the debate?
Why?
What difference does it make?
Fifty eight, nearly 60 percent of the Republican electorate seems to steadily be committed to Donald Trump
at this point.
You know, we're past Labor Day, which is one sort of milestone that some political folks
like political forecasters like Rachel Biddecoffer say until Labor Day, the polling really means
nothing.
Well, since Labor Day, Trump's lead has only grown.
So now it's starting to mean something.
Well, you've got to get into November, December for the polling to really mean something. That's fine. But what you have to understand
mathematically is the closer we get to the first votes being cast, which I actually don't remember
when that is first 2024 Republican primary votes. What is the date of that? It looks like the first
one is going to be.
Well, it's harder to find this information than you might imagine.
When is the first one?
It must be January, right?
Iowa caucus January 15th and the New Hampshire primary, I guess some at some point in January.
In order for this to go a different direction, the number of points per day that Trump needs to lose grows. If Trump's
winning by 40 and there's 80 days till the first vote, that means someone needs to close on Trump
by one point every two days. That's already a lot. Once we get to 40 days out, if Trump's winning by 40. Now someone needs to close in on Trump by one point a day.
So with every passing day that Trump's lead doesn't shrink or in fact it's actually growing,
it becomes mathematically less and less likely that something different is going to happen.
Now what's the counterpoint to this?
The counterpoint is I'm looking at it to sort of linearly.
And what can happen is that in just one early primary, maybe it's New Hampshire, maybe it's
Nevada.
I don't know.
Trump doesn't do as well as expected and that there's a momentum shift overnight that isn't
reflected in my sort of linear analysis of the polling.
Yes, of course, that can happen, but it becomes less and less likely as we see very few signs
of life from a Republican electorate that seems to already be checking out of the debates,
either because they've made up their mind or they don't plan to vote or they don't care
or they're supporting Donald Trump and Trump's not going to be there.
So something could change with every passing day. It becomes less and less likely. The other back story to what's going
on with Trump and these Fox debates, which, by the way, I will cover live tonight to the
extent that Fox News doesn't shut me down, is Trump increasingly attacking Fox News as
an entity. Let's talk about that next. Trump used to like Fox News to the extent
that Fox News treated Trump the way he wanted to be treated. Trump now feels that Fox News
is disloyal, that they want someone else rather than Trump to be the nominee, that they're
not praising Trump enough, whatever. And he is now increasingly furious with Fox sending out a three troth screed yesterday. Central, right,
where he attacks all sorts of things on Fox News. Let's take a look at this latest shot across the
bow against right wing media from Trump. Quote, Did Stuart Varney of Fox Business, who's hosting
the upcoming job application? That's the way Trump refers to the debate, a job application.
Did Stewart ever apologize for probably purposely mixing up my poll numbers with Ron DeSanctimonious
making it look like he was winning when in fact he is being crushed?
Varney took a lot of heat, but I still haven't heard the word.
Sorry, Megan knew anyway anyway they didn't have to
look at a fake Fox post. Trump continuing to weaponize his anger against Fox News, saying,
quote, I watched Fox and Friends this morning and it is totally unrecognizable. All they do is gush
over job seeking candidates that are 50 points plus down to your favorite president
or speak endlessly about people that will never run and without cheating could never win.
And whatever happened to Steve? No wonder their ratings are way down.
MAGA and then Trump with a coda to this three tr truth screed against Fox saying, quote, Fox News was our voice.
But sadly, that voice has developed a serious case of laryngitis.
So here's the bottom line. Here's what's going on in right wing media right now.
If you aren't unflinchingly, unanimously, belligerently pro-Trump 24-7 about everything all the time.
The man can do no wrong in your eyes unless that's your perspective on Trump over the
airwaves.
You are disloyal and you are a traitor and you're not worthy and you're supporting losers
like the Sanctus.
OK, and that's the way it is for much of MAGA and certainly for Trump
at this point in time. This isn't unique when it comes to media, when it comes to people.
If you as Kayleigh McEnany, Trump's former press secretary, she has made some I don't even want
to call them anti-Trump statements. She's opined that Trump made some mistakes.
She opined that when Trump what was it? Trump did something. I don't remember what it was
before. After one of the arrests, she said, I think this is bad strategy. It's not even
I don't like Trump. It's I think this is bad strategy. And Trump turned on her. So with Trump, any departure from a cult like adulation is disloyalty. And you're on his mean
list or whatever the case may be. One thing you can count on from Trump is that he will always
end up throwing people that were loyal to him under the bus as soon as they express even maybe
like, oh, Trump might be
approaching this the wrong way. Now, along these same lines, Trump is going to skip the second
Republican debate tonight. This one is on Fox Business. The first one was on Fox News.
I will still cover it. And what I'm looking for in tonight's debate is, number one,
what is the relationship of the other candidates to Nikki Haley, not because Nikki Haley's polling has
surged so much.
It's gone up, but it's modest.
She's still polling only about 6%.
But she is being discussed by Republican elites, for lack of a better term, as the one candidate
that really could take down Trump.
Is this going to place her as is this going to place a bull's eye on Nikki Haley for the other
people on the stage?
Secondly, what do other people on the stage tonight do in terms of how they relate to
Vivek Ramaswamy?
Vivek Ramaswamy came out firing in the first debate since then.
His unfavorables have gone way up.
People find him annoying in many polls.
That's the number one term applied to Vivek Ramaswamy. His polling is down about 35 percent. So I'm curious, are the other
candidates tonight, rather than engaging with Vivek Ramaswamy, are they going to mostly
ignore Vivek Ramaswamy and treat him sort of like as an annoyance, treat him like that
annoying fly that landed on Pence back in 2020, 2016.
I don't remember what it was rather than giving Vivek the attention that he wants.
And in addition to that, does Ron DeSantis come up with any way to seem like anything
other than the most uncharismatic man, certainly on that stage, if not in American politics
today?
Is there anything he can do?
Remember, personnel, personality transplants still aren't a thing, as Donald Trump said
a few weeks ago.
So can Ron DeSantis do anything to stop the complete and total hemorrhage of his polling
support?
I will be live starting at 8 p.m. Eastern debates at 9 YouTube, Twitch and Facebook.
Join me because otherwise it'll just be me with a microphone watching the debate and
that'll be really bad and humiliating.
Okay, so join me tonight.
We have a voicemail number.
That number is two one nine two.
David P. Here's a guy who doesn't like me.
That's the way I will introduce this.
Mr. Pacman.
Yes.
Obviously you have been living under a rock.
You're deaf, dumb and blind.
OK.
And you're totally biased to claim there's not a shred of evidence against Joe Biden.
Oh, well, I'm sure then you'll present the evidence, right?
For improper use of his influence.
He is treasonous. He has sold us out to China. Evidence.
It's obvious to who. And there's testimony that he was lying about knowing nothing about his son's
quote unquote business dealings, which really that's a euphemism for influence, criminal
influence peddling. Speaker 1
The term testimony may be a little strong. There's conjecture and innuendo.
Speaker 2 I recommend. You straighten up and get rid of your ridiculous bias.
Thank you. My name's David Castle. I'm 80 years old and I know how to think for myself.
I know how to observe.
Good.
Well, I find it funny when people say something is obvious and then present absolutely no
evidence whatsoever.
It's so obvious to anyone that Joe Biden is running a corrupt crime family. He's also totally demented and doesn't know where he is, but also a criminal mastermind.
All right, we'll present a little evidence. Is it is it rude for me to ask? Open your
eyes. You know, it's like when Trump was asked. What is Obamagate? Can you explain what what
Obamagate is? And Trump looked at the reporter in the press room and said, you know what it is.
Don't give me that.
You know what it is.
Asking for evidence.
Give me a break.
Sad, very sad.
We have a great bonus show for you today.
We will talk about Hunter Biden suing Rudy Giuliani.
We will talk about Amazon being sued for antitrust. And we will talk about
how Kevin McCarthy wanted Bob Menendez to resign until someone mentioned, well, then
shouldn't George Santos resign as well? At which point McCarthy said, oh, actually, everybody
should have their day in court first. All of those stories and more on today's bonus
show. We will see you then. Sign up at join pacman.com. It's a great day to do.