The Young Turks - Alex Jones, Jeff Sessions, Solar Industry, and Steel Tariffs

Episode Date: March 2, 2018

A portion of our Young Turks Main Show from March 1, 2018. For more go to http://www.tytnetwork.com/join. Hour 1:  Cenk & Ana. Alex Jones lists reasons he’s not anti-semitic siting his wife’s big... nose as proof. Trump's rebukes of Attorney General Jeff Sessions have included referring to him behind the scenes as "Mr. Magoo," The Washington Post reported Wednesday evening.  Hour 2:  President Trump’s decision to impose tariffs on imported solar materials is already taking its toll on U.S. jobs. After putting plans on hold last month to expand its factories in the United States, SunPower Corp., one of the nation’s largest solar panel manufacturers, now intends to lay off between 150 and 250 workers from its U.S. operations, or 3 percent of its global workforce, as part of a plan to cut operating expenses by 10 percent. Dow closes more than 400 points lower after Trump says steel and aluminum tariffs coming. A Virginia immigration court on Monday could decide to deport the wife of an Army 7th Special Forces Group veteran, despite provisions in the law that allow her to remain in the United States. Hosted on Acast. See acast.com/privacy for more information. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript
Discussion (0)
Starting point is 00:00:00 You're listening to The Young Turks, the online news show. Make sure to follow and rate our show with not one, not two, not three, not four, but five stars. You're awesome. Thank you. Colgate Total is more than just your favorite toothpaste. It's dedicated to advancing oral health. The new Colgate Total Active Prevention System features a reformulated toothpaste, innovative toothbrush, and a refreshing anti-bacterial mouthwash. All designed to work together to fight the root cause of common oral health issues, such as gingivitis, plaque and tartar. Use the full routine twice daily and be dentist ready. Shop the Colgate total
Starting point is 00:00:35 active prevention system now at walmart.ca. Thank you for watching or listening to this free podcast of the Young Turks. We want to make sure that you get some portion of the show every day. But if you want the full show, which is actually five segments, come become a member and support independent media as well. TYT Network.com slash join. Meanwhile, enjoy the free podcast. All right, well, welcome to the Young Turks, huge show ahead for you guys. I need you to buckle up. I need Trump and others to brace for impact.
Starting point is 00:01:09 So a little bit later in the program, Donald Trump with his back pedal on the NRA, it's hilarious. You're going to love it. And the Mr. Magoo controversy. Too good. Furthermore, later later in the program, we're going to try to deport Malanya Trump. I'm starting that movement. She is an illegal alien. I'll explain, and I'll explain why it's relevant in today's news, okay?
Starting point is 00:01:38 So I'm not playing around today. By the way, speaking of not playing around. After the Young Turks today, Rebel headquarters, where we will have a guest on who has tried to ban male masturbation. Interesting. Okay, she is a progressive, and even though she introduced that bill, you're actually going to love her. Okay, I'll explain later. Let's go over here. Now, Alex Jones has received considerable criticism for, first of all, everything, as he should.
Starting point is 00:02:10 He's a lunatic. Makes a wild conspiracy theories about pig, bear, human hybrids. And on top of that, he's deeply anti-Semitic. Now, why do I say that? For a number of reasons, he has attacked George Soros over and over again with references to his background. He attacked Michael Wolf, who wrote the book about Donald Trump. They both happen to be Jewish. He, you'll see it in a second as well, says that Soros worked with the Nazis.
Starting point is 00:02:39 It's just like, say someone who, I don't know if you know the Soros survived the Holocaust. Like, so Alex Jones is the worst guy on Earth. Anyway, we're going to get to what happened today in a second. But in his midst of his lunatic attacks against Americans of Jewish descent, he started with Michael Wolf. This is a little while back. And just give you give some context. And he said, oh, Michael Wolfe, he looks bad. And then he put up a picture of Brian Stelter and started railing on him in saying that he looks like Michael Wolf and they're all the same.
Starting point is 00:03:08 Now, as it turns out, Brian Stelter is not Jewish. But of course, Alex Jones, once he gets worked out, he doesn't know. He's like, look at him. So in fact, here, let's show you the video. But just look at Stelter again. Put him on screen. I think all the broadcast should be is just a photo of Skelter smiling. Oh, my gosh.
Starting point is 00:03:29 Oh, hell on earth. Seems like a perfectly fine picture to me. Why? Michael Wolf and Brian Stelter and look at them and how long? Why? Okay, but we're just getting warmed up. Remember this? He wants to run your life.
Starting point is 00:03:46 He wants to control every aspect of your life because he knows he is a cowardly degenerate sack of anti-human trash. I pledge before my heavenly father that I will resist them every way I can. These people are the literal demon spawn of the pit of hell. Look at him. And you know what? He is better than you if you keep letting him run your life. He runs your kids.
Starting point is 00:04:13 He runs the schools. He runs the banks. This guy, this spirit, this smiling, leering devil that thinks you can't see what he is. He is your enemy, period. All the narcissistic devil-worshipping filth. I see you enemy. I see you enemy. Enemy, enemy, you are my enemy.
Starting point is 00:04:41 And I swear total resistance to you with everything I've got. So look, it's hard not to be amused by this literal lunatic on air, ranting and raving when he should be in a straight jacket. But the things he's saying are not funny. They're the most anti-Semitic things I have ever heard in American media. He ticked off almost every single trope used to attack Jews in history across the world. Anti-human trash dehumanize them. Demon spawn references to devil worship, filth.
Starting point is 00:05:18 I mean, this is fascism. He controls your kids, a reference to kids, which he's going to make worse in a second with blood libel. And he runs the banks. Brian Seltre, it works in media, why would he run the banks? Because that is the most classic trope against Jews in history. So he's going off on Soros and Wolf and Stelter and these people, their filth, they're trash, and he promises his heavenly father that he's going to route out the enemy. I've seen this movie before, except the guy had a little mustache right here when he was saying it. So now, today, he is going to defend himself.
Starting point is 00:06:00 And he says, no, no, it's okay. I'm not anti-Semitic. Well, I am very curious to see what this defense is going to be. Buckle up. Soros is a Nazi collaborator that helped round up thousands of his fellow Jews. And then he has groups saying, I'm a Nazi collaborator when he's a Nazi. I mean, it just shows how reprobate and bankrupt the leftist are. And Soros is a Nazi collaborator that helped round up thousands of his fellow Jews.
Starting point is 00:06:28 And then he has groups saying, I'm a Nazi collaborator when he's a Nazi. I mean, it just shows how reprobate and bankrupt the leftistar. And she's my ex-wife now. And, you know, it's my new wife, her pedigrees German, three-quarters German, from Omaha. and a quarter Irish, and I'm proud of that background. And any Semites call her Jewish and everything else. And if she was, I'd be proud of it. But no, she's got a noble nose, but she's not Jewish.
Starting point is 00:07:01 So, you know, that's what all this comes down to, ladies and gentlemen. And it just is insane. Oh, double face palm. Your defense of why you're not anti-Semitic is my wife has a big nose. but she's not Jewish. You just said the Jews have big noses and it is not a defense to, like he couldn't even say
Starting point is 00:07:28 some of my best friends are Jewish. He couldn't say my wife is, he couldn't say any of that. He couldn't, he had no defense. He said, my wife's not Jewish, but she has a big nose like the Jews. Oh my God, that's the worst defense I have ever heard in my life. But he thinks, nailed it.
Starting point is 00:07:46 Look, if you weren't clear, about the tropes. I'm going to give you one more from the Brian Stelter rant. I mean, again, it's the worst thing I've ever seen. This guy, and by the way, if you notice in the beginning there, he called George Soros a Nazi collaborator. Of course that's not true. Of course he's and Soros was a kid at the time. The guy survives the Holocaust. And this, this clown, and I'm trying not to use worse words against him, but he has more than earned it, then turns around and calls a Holocaust survivor and Nazi collaborator. And then he says this about stelter.
Starting point is 00:08:28 Dysingenuous, fake, false, broke back, twisted, a defiler, a betrayer, a backstabber, a devil! You will pay. Yeah, you think I don't see your face. scum you don't think i don't see you stelter i see you you understand me i know what you think of me and my family i see you right back you understand that you understand that delta stilter you will fall you will not bring humanity down god is going to destroy you God, they're so evil. Just please, God, free us from them.
Starting point is 00:09:22 They're drunk on our children's blood for God's sake. Okay, I'm going to stop right now. Wow. Just in case he hadn't finished a complete list of anti-Semitic tropes broke back. You know, that's a reference to them leading a deviant lifestyle. Again, exactly what the Germans said back in the 19. 30s, a defiler, a betrayer, backstabber, classic anti-Semitic trope. God will destroy you, as they said back then as well.
Starting point is 00:09:53 And then finally, he almost forgot blood libel. So they're going to drink your kid's blood. Who's they? Gee, I can't, I wonder who they is. Can't quite tell. But it's okay because his wife has a big nose like Jews. We need to talk about a relatively new show called Un-Fitting the Republic. or UNFTR.
Starting point is 00:10:16 As a young Turks fan, you already know that the government, the media, and corporations are constantly peddling lies that serve the interests of the rich and powerful. But now there's a podcast dedicated to unraveling those lies, debunking the conventional wisdom. In each episode of Un-B-The-Republic or UNFTR, the host delves into a different historical episode or topic that's generally misunderstood or purposely obfuscated by the so-called powers that be. featuring in-depth research, razor-sharp commentary, and just the right amount of vulgarity, the UNFTR podcast takes a sledgehammer to what you thought you knew about some of the nation's most sacred historical cows. But don't just take my word for it. The New York Times described UNFTR as consistently compelling and educational, aiming to challenge conventional wisdom and upend the historical narratives that were taught in school.
Starting point is 00:11:11 For as the great philosopher Yoda once put it, You must unlearn what you have learned. And that's true whether you're in Jedi training or you're uprooting and exposing all the propaganda and disinformation you've been fed over the course of your lifetime. So search for UNFDR in your podcast app today and get ready to get informed, angered, and entertained all at the same time. did obviously speaks for itself and is the worst of the worst. But if you did a Hitler speech and that speech, are you sure Hitler's was worse? Just speeches. Because I don't know that Hitler hit every single trope in a matter of 60 seconds. I don't know that he looked as crazy as that. He looked pretty crazy. And obviously he was crazy and did the worst things imaginable.
Starting point is 00:12:10 But the fascists are here. And so I know we kid around about it because he's such. a lunatic. But the president listens to this fascist. So, it's, it's not, it's not funny anymore. Okay. Now, let's go to something, let's go to the president. And look, I mean, pick him, right? That guy's a lunatic in a different way. This president's a lunatic in a different way. Now, this is a lighter story, but it does get to a very heavy issue, a serious issue as well. Okay, so the president is on a war path against his own attorney general, Jeff Sessions, already maniacal, and then he's going to take it to a different level today, at least in stories that were broken today. I'm going to get to that in a second. But first, I'll give you
Starting point is 00:12:59 some background. As you might have seen this week, Donald Trump tweeted, why is Attorney General Jeff Sessions asking the Inspector General to investigate potentially massive FISA abuse? Because that's what the inspector general, if there is abuse, is supposed to investigate it. And in fact, Sessions is trying to help you investigate something that is not necessarily an actual scandal at all. And he says at the end of the tweet, isn't the inspector general and Obama guy, why not use just department lawyers? And he says, in big capital letters, Trump says about Sessions, disgraceful. I have never seen a president call his own attorney general graceful. No one has because it's a crazy thing to do. If you think your attorney general
Starting point is 00:13:40 is disgraceful, you should fire him instead of tweeting publicly. Okay, and they ask Jeff Sessions about it. Normally he doesn't strike back, but this time he had to answer, because this is so unreal over the top. He said, as long as I am the Attorney General, I will continue to discharge my duties with integrity and honor, and this department will continue to do its work in a fair and impartial manner, according to the law and the Constitution.
Starting point is 00:14:05 In other words, no, I'm not going to cover for you when we're going to follow the law here. I can't believe he's got me defending Jeff Sessions, but in this contest of two lonesome people, Trump is not only worse, but Sessions is right on the law. If you think there's an abuse, you ask the inspector general. You don't do a political hatchet job because your boss asks you to. Okay. Now, Washington Post has a new story out today.
Starting point is 00:14:31 Trump has apparently told associates that he has hired the best lawyers for his entire life, but has stuck with Sessions, who is not defending him. is not sufficiently loyal. For the 18th time, can someone educate the president? The attorney general is the chief law enforcement officer in the country. He is not your lawyer. He's not the president's personal lawyer. He's the chief law enforcement officer in the country.
Starting point is 00:14:59 So if you have broken the law, Donald Trump, he is supposed to investigate you. In this case, he didn't. He recuse himself and he let the deputy attorney general, make the case or not make the case. Do the investigation or not do the investigation. He recuse himself. So he's not part of this, right? But he's like, why did you recuse yourself? You're supposed to defend me if somebody's doing a valid investigation of me. No, he's not. He's not supposed to do that. By the way, even if you thought that Donald Trump, you're not supposed to be so stupid as to say it publicly, because then you're admitting in front of the whole
Starting point is 00:15:35 country that you are trying to obstruct justice. But it gets, I mean, both worse and funnier, I guess, in a sense. The Post continues. Behind the scenes, Trump has derisively referred to sessions as Mr. Magoo, a cartoon character who is elderly, myopic, and bumbling according to people with whom he has spoken. He's calling his own Attorney General Mr. Magoo. I imagine if Obama was making fun of Hillary Clinton when she was Secretary of State behind the scenes and giving her stupid nicknames. Hey, look a daffy duck over there.
Starting point is 00:16:18 Is he mentally stable? And of course, that's the point here. The president is not anywhere near mentally stable. And he is in a panic to cover up whatever he did with the Russians. because he has got to end that investigation. In fact, now the investigation, of course, is looking at why he's in a panic, why he's obstructing justice in plain view in front of all of us. So in recent months, Mueller's team has questioned witnesses in detail
Starting point is 00:16:42 about Trump's private comments and state of mind in late July and early August of last year around the time he issued a series of tweets belittling his beleaguered attorney general. These people said, the thrust of the questions was to determine whether the president's goal was to oust sessions in order to pick a replacement who would exercise control over the investigation into possible coordination between Russia and Trump associates during the 2016 election, these people said. Now, there's your obstruction of justice. Now, look, it's not easy to prove.
Starting point is 00:17:14 If Mueller wants to prove that, he's going to have to show two things. One, he wanted that Trump wanted sessions to leave so he can get someone to do his political dirty work and kill the investigation. One is he wants sessions to leave for that reason. Well, Trump has basically admitted that in public and apparently in private. So that part's easy. That part's already done. And Trump did it for Mueller. The second part is still really hard.
Starting point is 00:17:41 You'd have to show specifically with intent that Trump wanted to remove sessions so that he could end the investigation because he thinks the investigation is going to uncover something about him. Look, I don't know that Mueller can prove that, but it would have been much harder to prove if he had to prove both parts. But Trump proved the first part for him. Yeah, I definitely want to get rid of Sessions. And it's definitely about this investigation. Okay. One last thing there.
Starting point is 00:18:10 At the time, the White House advisor told the Washington Post reported that Trump was stunned that Sessions had not yet quit when he was calling him weak and beleaguered. The president said the advisor added, had been hoping the attorney's judge. General would be so embarrassed by Trump's scathing comments that he would leave. Trump in this period also ordered his then chief of staff, Ryan's previous, to get a resignation letter from Sessions. Again, if they have all that on the record in the investigation, now they're two-thirds of the way through proving that he was trying to obstruct justice.
Starting point is 00:18:44 I want Sessions to leave. I want him to leave because of the investigation. Make him resign. I don't know that there's much left there in order to prove that he's trying to get to get out of there because he wants to end the investigation of himself, which is obviously illegal, obviously. It's obvious to everyone except the president, and of course, ironically, his myopic followers. So, speaking of which, let's go to irony.
Starting point is 00:19:11 Now let's have a little bit of fun. That's the serious part. So if you didn't grow up watching Mr. Magoo, you might want some background on him, and this is good. The original Magoo, Washington Post reports in a different article. was rich, resentful of the youth, pro-business, and functionally blind. And it was a riff on the myopic conservatism of 1950s America. Hmm, that kind of sounds like the conservatism of today.
Starting point is 00:19:40 So Mr. McGoo was actually a character making fun of conservatives back then. And I get that Trump's attacks against sessions are not that complicated, and they're not not too cerebral and not based on necessarily the history of the actual cartoon of Mr. Magoo. It's probably more because of looks. So let's take a look here. So that's Jeff Sessions. This is Mr. Magoo.
Starting point is 00:20:10 This is Jeff Sessions and Mr. Magoo. That is a rare point I will concede to Donald Trump. Okay. Now, back to the original Mr. Magoo. Here's some descriptions of him in a book about him. He was an irascible millionaire. Huh. Who does that sound like?
Starting point is 00:20:29 Not Jeff Sessions, but perhaps a certain president that we know. Hold on. He had, quote, absolute self-confidence. Uh-oh. And he wreaked havoc upon others. I'm pretty sure I know who that is. That's that guy. That also kind of fits.
Starting point is 00:20:52 And finally, just a fun little fact for you guys to end this segment, having nothing to do with politics, the original voice of Mr. Magoo was Jim Backus, Thurston Howell from Gilligan's Island. Apparently he had a little niche in doing rich people's voices. So God bless Jim Backus. That was a fun part of my youth. Okay, and what's going to be really fun is seeing Donald Trump in handcuffs. Okay, we're moving forward. Now, we're going to take a little bit of a break here. When we come back, Bernie Sanders attacked by Howard Dean in the establishment. I will attack back. And that'll be fun. You're right in the middle of this podcast. We've got another great segment coming up for you. If you'd like the full show, which is actually five
Starting point is 00:21:37 segments, go to t-y-tnetwork.com slash join. You become a member, you support the show, you support independent media, and you get the whole two-hour show ad-free every day. Let's go do it now. All right, back on the Young Turks. Jen can Anna with you guys. Two tweets for you. Chris Allen says, so speakers complain when they don't get free speech, but it's okay to stop free speech of the students. Jeremy Varner says, I was a door-to-door vacuum salesman once.
Starting point is 00:22:08 No one I worked with had been paid in months because the contract said you had to hit a quota. By the time I left, a month later, there had been a 70% turnover rate. This administration reminds me of those days. Yeah. Yeah. Sounds about right. So Hope Hicks was supposed to be the person who reels Trump in. No.
Starting point is 00:22:32 Which, by the way, like, if that's reeling Trump in, I'm very curious to see what he's like when he's not being constrained in it. You actually have seen him in the last 24 hours. So Hope Hicks is now, in essence, gone. Oh, that's true. And he calls Jeff Sessions Despicable, right? And Mr. McHoo. Yeah, well, Mr. Ragu was earlier, to be fair. It got reported now, but he said it earlier.
Starting point is 00:22:54 He calls Sessions Dispicable and fires McMaster. Within 24 hours, already the place is devolving. And it was already not in good shape to begin with. So we'll see. All right, what's next? All right. Apparently hope has left the building. Hope and change?
Starting point is 00:23:11 Okay. A major U.S. solar company is cutting jobs following Trump's decision to impose large or high tariffs on products necessary to build solar panels here in the United States. So Sun Power Corp, which is the company that I'm talking about here, was one of the nation's largest solar panel manufacturers, but now it intends to lay off about 10% of its U.S. workforce. Now, the reason why that they're doing that is because of the fact that it's incredibly expensive to import the necessary materials in order to manufacture and install these solar panels. And keep in mind, before the tariffs were announced, they were
Starting point is 00:23:57 planning on expanding their U.S.-based factory. They were going to add jobs, and now they're unfortunately cutting jobs. Now, this attributed to job cuts to the 30 percent, they attributed the job cuts, so the 30 percent tariffs imposed by the Trump administration on imported solar cells and panels. Chief Executive Tom Werner estimates the new tariffs will cause the company to lose $50 million in 2018 and as much as $100 million in 2019. Now, the industry currently employs more than 260,000 people primarily in the installation business. By the way, though, those are numbers from the Department of Energy in April of 2017. So the number could have actually increased a little bit since then, but it doesn't matter. They're laying people off as a result of these tariffs.
Starting point is 00:24:49 So, first of all, some context here. They are worried that the industry as a whole is going to lose 23,000 jobs. That's a lot of jobs to lose. Now, you know, Trump was obsessed with coal. And if you watch a Republican convention, as we were forced to do, it wasn't just Trump. One speech after another after another. It was literally, we talked about it during convention. It was the number one topic at the convention. It was bizarre. It was coal, coal, coal, we're going to bring coal back. There's only 160,000 jobs in coal nationwide. There's 260,000 jobs in solar nationwide. 100,000 more. The solar industry is way larger than the coal industry. But A, almost no one ever talks about them. And B, now, even if you were to bring coal with jobs back, which he hasn't, coal mines are
Starting point is 00:25:40 closing all over the country and I've talked about it and some Republicans are not disillusioned and like, oh, we thought he was going to bring it back. Why are you going out of your way to cost solar jobs? Now, you can say it's bizarre and counterproductive, but it could also be that it's not counterproductive for their interest. The fossil fuel industry supports Donald Trump and the Republican Party with a ton of donations. Can I give you the number? Because I I think it's pretty relevant. Now, this isn't necessarily donations toward Trump, but it's donations toward lawmakers who are likely to support tariffs like the one that Trump imposed. So utilities had spent $50 million, $50 million between 2011 and 2016 to block clean energy in just seven states.
Starting point is 00:26:32 So that includes Alaska, California, Florida, Michigan, Ohio, Oregon, and Washington. And so luckily, California, was not persuaded by that money because the solar industry did expand considerably in California. But these tariffs are having an impact. And so it's not looking good for renewable energy in the U.S. And this is not a clear-cut liberal versus conservative issue. On trade, the boundaries are blurred. So I know that some folks want more protectionism. What I always say is, well, it depends.
Starting point is 00:27:07 So what's in the, and then a free trade guy is like, if you're for free trade, you're for all these agreements. No, it depends. What's in the agreement? So in this case, for the solar panel manufacturers in America, it helps them a little bit to do this tariff. But for the people putting the solar panels in, which is the heart of the industry, which is much larger, it really hurts them. So you've actually done more damage in this case. Now, in the deals like TPP, the problem was that it hands over our sovereignty to companies. It lets them set the rules not to the advantage of U.S. citizens or even the citizens of the other countries that we're dealing with, but to the advantage of solely the corporations, which makes no sense.
Starting point is 00:27:54 But that doesn't mean that every protectionist measure makes sense, because it certainly doesn't, and this one doesn't. And neither does the steel and aluminum tariffs he just announced today, which then immediately tanked the market. Right. And we're going to talk about that in more detail in just a minute. But I also want to draw some attention to a woman named Debbie Dooley. Debbie Dooley is a gun-toting Trump supporter. She is as conservative as can be. However, the one thing she disagrees with Trump and conservatives on is the issue of renewable energy. In fact, she is fighting rather aggressively to support renewable energy in the United States,
Starting point is 00:28:33 specifically solar energy. And she even created something known as the Green Tea Coalition, she's part of the Tea Party, Green Tea Coalition to start convincing other conservatives that renewable energy is the way to go. So I want to give her some credit for that. Because even though she appears to be an anomaly at the moment, she could have some very positive impact on the conservatives when it comes to these issues. Doubt it.
Starting point is 00:28:59 Okay, I'm going to be a humbug, but it's going to be a coalition of one. And what happens with conservatives is it's, by the way, somewhat true of progressives, too, it becomes an identity thing. And I'm a conservative because that's how I grew up and that's how I hate the libs and stuff. And, well, do you actually disagree with their policies? Like, for example, no, that creates jobs. I kind of agree with them.
Starting point is 00:29:19 Right. And if I asked her about Social Security, she'd agree with us. Medicare, she'd agree with us on probably eight out of ten issues. But I'm a conservative, unless it affects you. Okay, it doesn't matter. Nobody's going to join her coalition. Unless it's their job on the line. Okay, let's talk about the other tariffs.
Starting point is 00:29:37 At TYT, we frequently talk about all the ways that big tech companies are taking control of our online lives, constantly monitoring us and storing and selling our data. But that doesn't mean we have to let them. It's possible to stay anonymous online and hide your data from the prying eyes of big tech. And one of the best ways is with ExpressVPN. ExpressVPN hides your IP address, making your active ID more difficult to trace and sell the advertisers. ExpressVPN also encrypts 100% of your network data to protect you from eavesdroppers and cybercriminals. And it's also easy to install. A single mouse click protects all your devices.
Starting point is 00:30:11 But listen, guys, this is important. ExpressVPN is rated number one by CNET and Wired magazine. So take back control of your life online and secure your data with a top VPN solution available, ExpressVPN. And if you go to expressvpn.com slash t-y-t, you can get three extra months for free with this exclusive link just for T-Y-T fans. That's E-X-P-R-E-S-S-V-N dot com slash T-YT. Check it out today. Donald Trump just announced additional tariffs that he will use for aluminum and steel.
Starting point is 00:30:49 Now, the whole point is to create tariffs. that are so expensive that there will be manufacturers who produce aluminum and steel here in the United States as opposed to importing it from other countries. Now, the tariff will basically be 25% for steel, 10% for aluminum. And as soon as he announced that, the stock market did experience a little bit of a downgrade. So for instance, the Dow dropped 500 points. The Dow Industrial average traded 488 points lower after rising more than 100 points earlier in the day. And also the S&P 500 declined 1.6 percent, erasing its year-to-date gains. So the stock market immediately responded and reacted to it.
Starting point is 00:31:37 Now, for those who might think that China is going to be hit the hardest by these tariffs, that is not the case. When it comes to steel, for instance, we're actually going to. to probably anger some of our biggest allies Canada, Brazil,
Starting point is 00:31:54 South Korea, Mexico's on that list, although I don't know if Mexico's really our biggest ally at this point.
Starting point is 00:32:01 Through no fault of their own. Right. Okay, so this is another complicated issue. Yes.
Starting point is 00:32:06 So there's different ways to protect our industries and a lot of the other countries do things that are unfair.
Starting point is 00:32:15 And so, whether it's China manipulating their see other governments propping up their companies in a way that creates so much. It's not that it creates competition that's natural. It creates unnatural competition and drives prices down until it bankrupts our companies. And then they drive the prices up.
Starting point is 00:32:35 So you can take, I think, smart action on it, although it is not easy. These are nuanced issues. So what does Trump do instead? No nuance. tariffs, okay? And when you do tariffs, it also drive prices up here in America. So it might have some positive ramifications for people who work in the steel industry, although I'm not positive about that either.
Starting point is 00:33:00 Again, there's a lot of nuance here. But it's going to have some negative ramifications for all the other industries which use steel and aluminum, which now all of their costs have gone up, which they will then pass on to us. So, for instance, the car industries, the automobile. industry. So a Ford motor company noticed that its stock prices dipped considerably after this announcement, and it's because they import steel from other countries. And what do you think they're going to do? You think they're just going to absorb those costs? No, they're going to pass it down to you. So yes, I agree. It's an incredibly nuanced issue. And there is the upside of
Starting point is 00:33:36 possibly pushing for the manufacturing of products here in the United States rather than importing it, but there are also people who might lose their jobs because of this, right? If companies need to cut costs in order to absorb some of those tariffs, then they're going to do it. I mean, they're going to look after their bottom line. So we'll see how this plays out. It was just announced, and by the way, he hasn't given any real details yet. So the details are expected to be announced next week. So when they asked him, why did you do it? Mr. Nuance, Are you ready? Bacala. He said, because without steel and aluminum, your country's not the same.
Starting point is 00:34:16 We need it. What does that mean? Well, I think what it means is, look, there have been people in his ear about how this is a national security issue. Because that steel is necessary to build the weapons for our defense department, right? And so the people who support these high tariffs did something incredibly clever. They started running ads during the cable news shows that Trump watches. And it's been working since June, according to the New York Times, Trump has been eager to announce these types of tariffs. And on eight separate occasions, his advisors told him, no, this is, we need to think about this a little more before you do it.
Starting point is 00:35:02 And finally, he became impatient and just decided today, I'm doing this. And to be fair to Trump, he promised it during the campaign. He did, right or wrong, sound policy or not, he promised it during the campaign. And so on this one, he is doing what he promised. On many of the other issues, he didn't. The carrier didn't actually keep the jobs here. He has proposed to cut Medicare and Medicaid, which he said he wouldn't cut. I can go on and on and on.
Starting point is 00:35:29 But he promised tariffs, and he's giving you tariffs. So be careful what you wish for. You just got it. Yeah. All right, we got to do one more story before we end the show. The wife of a special forces veteran is facing deportation. Her name is Elia and she, Elia Crawford, and she resides in Virginia. Elia Crawford is the wife of retired sergeant first class Bob Crawford and could be deported
Starting point is 00:35:57 if a Virginia immigration court rules against her. She fled her own home country of Honduras in 1999 following Hurricane Mitch. She married Bob Crawford in 2001 when she was still on active, when he was still on active duty, the couple has two sons. Now, for vets and active military members, there is something that makes it easier for their spouses to become U.S. citizens. But since there is a deportation order in place, and since the Department of Homeland Security refuses to rescind that deportation order, they're not able to apply for the green card.
Starting point is 00:36:34 This procedure is known as the parole in place that would allow for her to remain in the United States and apply for that green card. They are not allowing it. And so unfortunately, this family could be torn apart as a result of the Department of Homeland Security under the Trump administration being incredibly draconian when it comes to immigration issues. By the way, Melania came in on a tourist visa and then worked that is not legal, she should be deported. If they're deporting this veteran's wife, they should deport Melania Trump. Young Turks, bye, bye. Thanks for watching.
Starting point is 00:37:11 We're listening to this free version of the Young Turks podcast. You know that the full show is at t-y-tnetwork.com slash join. If you become a member, you get the full show ad-free. We love you for watching or listening either way. There's going to be a new free podcast tomorrow. on doing that but if you want to get the full show ad free t yt network dot com slash join thanks for listening to the full episode of the young turks support our work listen ad free access members only bonus content and more by subscribing to apple podcasts at apple dot co slash t yt i'm your
Starting point is 00:37:43 host jank huger and i'll see you soon

There aren't comments yet for this episode. Click on any sentence in the transcript to leave a comment.