Latest / The Ben Ferguson Podcast / Defining A Recession
Transcript
- 0:00Speaker 1: We seem to be redefining everything these days. People just
- 0:03Speaker 1: don't know what words mean. We don't know what a
- 0:07Speaker 1: baby is, We certainly don't know what a woman is,
- 0:11Speaker 1: and now we don't even know what a recession is.
- 0:15Speaker 1: This is Verdict with Ted Cruz. This episode of Verdict
- 0:25Speaker 1: with Ted Cruz is sponsored by American Hartford Gold. If
- 0:28Speaker 1: you're like me, then you are growing more and more
- 0:30Speaker 1: concerned about the state of our country and about your
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- 0:36Speaker 1: seen in forty years, and interest rates are skyrocketing. In fact,
- 0:40Speaker 1: market experts like Jamie Diamond, who is the CEO of
- 0:44Speaker 1: JP Morgan, are not only predicting that we will face
- 0:47Speaker 1: an economic recession, they're using phrases like economic hurricane and unprecedented.
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- 1:57Speaker 1: three two. You'll be glad you did. Come back to
- 2:00Speaker 1: verdicts of Ted Cruz. I'm Michael Knowles. I was watching
- 2:04Speaker 1: the White House today. The Director of the National Economic
- 2:08Speaker 1: Council made the claim, in anticipation of Thursday's economic numbers,
- 2:14Speaker 1: which will show a recession to consecutive quarters of economic
- 2:19Speaker 1: falling down GDP going down, that we are not in
- 2:24Speaker 1: a recession, because that is not the definition of a recession. Senator,
- 2:31Speaker 1: I am no economist. I have not studied these things
- 2:34Speaker 1: in a very long time. But last time I checked,
- 2:37Speaker 1: that is literally the definition of a recession. Am I wrong?
- 2:42Speaker 1: You're not wrong. That is the textbook definition of a recession.
- 2:46Speaker 1: And this White House believes that if they redefine words,
- 2:49Speaker 1: so instead of a recession, instead of the economy going
- 2:52Speaker 1: to crap, if they define it as Joe Biden's happy
- 2:56Speaker 1: go lucky time with things going great, that they're client
- 3:00Speaker 1: lapdogs in the corporate media will echo that message and
- 3:03Speaker 1: say the economy is booming. A recession is defined as
- 3:09Speaker 1: two consecutive quarters of GDP growth going down. That's what
- 3:13Speaker 1: it means. They really don't want the headline that we're
- 3:16Speaker 1: in a recession going into the election because they recognize
- 3:20Speaker 1: the voters are going to pound the heck out of
- 3:22Speaker 1: Democrats and throw them out of office for putting us
- 3:24Speaker 1: into a recession. So the level of I mean, this
- 3:29Speaker 1: is ob one Kenobe, These are not the droids we're
- 3:31Speaker 1: looking for. This is George Orwell two plus two equals five.
- 3:36Speaker 1: They just say this is not a recession. Why cause
- 3:38Speaker 1: we say it's not a recession. Never mind, words have
- 3:41Speaker 1: no meaning, Ignore them everything's great. It wasn't just the
- 3:46Speaker 1: director of the National Economic Council, it was also then
- 3:49Speaker 1: Karine Jampierre, the president's spokesman the press sectory at the
- 3:53Speaker 1: White House, who simply refused to answer the question. She
- 3:56Speaker 1: was asked by a reporter, if you're not going to
- 3:59Speaker 1: use the traditional definition of a recession because you don't
- 4:02Speaker 1: want to admit that you've brought us into one, then
- 4:05Speaker 1: how do you all define recession? She wouldn't even give
- 4:09Speaker 1: an alternative explanation. Well, their answer is they define recession
- 4:13Speaker 1: as anything that happens under a republican president, and they
- 4:17Speaker 1: define great economic success is anything that happens under a democrat.
- 4:21Speaker 1: And it's just it's propaganda, like substance truth. Facts have
- 4:26Speaker 1: nothing to do with it. And so actually this week
- 4:29Speaker 1: I'm introducing a resolution in the Senate, and the resolution
- 4:33Speaker 1: is very simple. I'm going to read you the entirety
- 4:35Speaker 1: of it because it's because it's only just over a
- 4:37Speaker 1: page resolution expressing the sense of the Senate that the
- 4:41Speaker 1: historic definition of a recession is two negative quarters of
- 4:44Speaker 1: gross domestic product growth, whereas globally, the most commonly used
- 4:50Speaker 1: and widely accepted definition of recession is two negative quarters
- 4:54Speaker 1: of gross domestic product growth, whereas most of the recessions
- 4:58Speaker 1: in the United States identified by the National Bureau of
- 5:00Speaker 1: Economic Research have consisted of two negative quarters of gross
- 5:04Speaker 1: domestic product growth, and in each of the last ten
- 5:07Speaker 1: instances in which there have been two or more such quarters,
- 5:11Speaker 1: a recession was officially declared ten times in a row.
- 5:15Speaker 1: Whereas the use of the historic definition of a recession
- 5:19Speaker 1: by the federal government has been important for purposes of
- 5:22Speaker 1: economic study and analysis, historical comparisons, and policymaking. Now therefore
- 5:29Speaker 1: be it resolved that it is the sense of the
- 5:32Speaker 1: Senate that the federal government should continue to use the
- 5:36Speaker 1: historic definition of a recession. These guys are trying to
- 5:40Speaker 1: define us out of a recession. We are, I think
- 5:45Speaker 1: it's extremely likely we're about to enter a recession, and
- 5:48Speaker 1: they're trying to play word games to get out of
- 5:51Speaker 1: that problem. What is the motivation here for them other
- 5:55Speaker 1: than they don't want to admit that their economic policies
- 5:57Speaker 1: are no good. But presumably that's true of other administrations
- 6:01Speaker 1: in the past. And yet this is the first administration
- 6:04Speaker 1: we've seen that actually is denying the definition of the
- 6:08Speaker 1: word recession and it's not as though this is the
- 6:10Speaker 1: first time we've seen the left use the redefinition of
- 6:13Speaker 1: words to try to change the culture. Just last week,
- 6:16Speaker 1: we were all arguing over the definition of marriage. Before that,
- 6:20Speaker 1: we were arguing over the definition of what a woman is.
- 6:23Speaker 1: Before that, We've been arguing over these politically correct changes
- 6:27Speaker 1: to language for a very long time. So that does
- 6:31Speaker 1: this tactic from seemingly everybody at the White House speak
- 6:35Speaker 1: to a larger, deeper problems that's particular to our moment
- 6:40Speaker 1: in time. Well, there's a cynicism, So so democrats believe
- 6:45Speaker 1: that they can. It's propaganda. There you asked, what's their motivation?
- 6:48Speaker 1: Is propaganda? But the propaganda only works because the corporate
- 6:52Speaker 1: media is compliant. So the corporate media will echo whatever
- 6:56Speaker 1: absurd lies they say, and it is designed to obscure
- 7:01Speaker 1: the truth from the American people. Look, I'll show you
- 7:03Speaker 1: a couple of charts that are that are pretty compelling.
- 7:06Speaker 1: This chart, this is the University of Michigan Consumer Sentiment Index.
- 7:12Speaker 1: And so it goes back all the way to nineteen
- 7:15Speaker 1: seventy eight. You see it's been down and up it
- 7:18Speaker 1: went up, up, up, up. You look that it went
- 7:21Speaker 1: up here all right, here's twenty twenty. It is up
- 7:28Speaker 1: around one hundred. And here's what the consumer sentiment index does.
- 7:31Speaker 1: It plummets. It goes straight down with like the vertical
- 7:36Speaker 1: descent of a cliff, down to what is this fifty,
- 7:41Speaker 1: So it went from one hundred to fifty. That is
- 7:45Speaker 1: an ominous chart in terms of recession consumer sentiment. I'll
- 7:48Speaker 1: give you another chart that is really quite similar. So
- 7:52Speaker 1: this is the NFIB National Federation of Small Business Outlook
- 7:56Speaker 1: for General Business Conditions. So they ask small businesses what
- 8:00Speaker 1: do you think business conditions are? And you can see
- 8:04Speaker 1: going back to seventy four, it's going up, down, up, down.
- 8:06Speaker 1: It's been all over the place. But here in twenty
- 8:10Speaker 1: twenty it was up here. What was it at It
- 8:13Speaker 1: was up at forty and then it's same exact like
- 8:17Speaker 1: precipitous plummet It is down now at negative sixty. That
- 8:24Speaker 1: ain't good. That means small businesses think the economy's and
- 8:29Speaker 1: the crapper. That means consumers think the economy is in
- 8:32Speaker 1: the crapper. And so the Biden politicos are saying, well,
- 8:37Speaker 1: let's just define it. We don't want every headline in
- 8:41Speaker 1: every newspaper in America to say the economy is in
- 8:44Speaker 1: a recession because people think that's bad. So let's just
- 8:48Speaker 1: magically claim recession no longer means what you think it means.
- 8:52Speaker 1: It means, well, we don't know what it means, but
- 8:54Speaker 1: it means anything other than what's happening right now, because
- 8:57Speaker 1: we really don't want the headline that this is a recession.
- 9:01Speaker 1: Do you think this is fooling anybody? Because I'm still
- 9:04Speaker 1: trying to wrap my head around how the Biden administration
- 9:08Speaker 1: thinks that this is a workable solution in the long term.
- 9:11Speaker 1: If we could all just deny our failures by changing
- 9:14Speaker 1: the meaning of words, I'm sure we would all be
- 9:16Speaker 1: tempted to do it. But the problem with that is
- 9:19Speaker 1: people aren't stupid. Most people aren't stupid most of the time.
- 9:23Speaker 1: And so you point out that the establishment media are
- 9:26Speaker 1: carrying water for the White House. Of course they are,
- 9:29Speaker 1: But is that fooling anybody. You've got cynicism from the
- 9:32Speaker 1: Biden administration, cynicism and loyalty to the Democrats from the media.
- 9:38Speaker 1: But you're a small business owner, your regular old employee,
- 9:43Speaker 1: your person on the street who realizes that his dollar
- 9:46Speaker 1: is not going as far as it used to. We're
- 9:48Speaker 1: headed into a mid term election in November. Are any
- 9:52Speaker 1: of these people going to buy it? No matter what
- 9:54Speaker 1: definition the White House uses? So unfortunately, I think they
- 9:58Speaker 1: will succeed in fooling some people because there are some
- 10:01Speaker 1: people who are not necessarily paying all that close attention,
- 10:04Speaker 1: and who literally given two worlds, one world in which
- 10:07Speaker 1: every newspaper in America has the banner headline America in
- 10:11Speaker 1: a recession, and one world in which they don't have
- 10:14Speaker 1: the headline in a recession, there's going to be a chunk,
- 10:18Speaker 1: and it's millions of people who won't realize America's in
- 10:22Speaker 1: a recession like that, Actually, I think will be somewhat
- 10:26Speaker 1: successful political propaganda. Why because the media, the corporate media's dishonest.
- 10:31Speaker 1: If you didn't have a dishonest corporate media wouldn't work.
- 10:34Speaker 1: They'd laugh at him and call them out. But they're
- 10:36Speaker 1: enough just absolute prostitutes in the media who will lie
- 10:43Speaker 1: and lie eagerly and happily and lay back and think
- 10:46Speaker 1: of England. That is who they are, that is what
- 10:50Speaker 1: they do, and so I do think it will have
- 10:54Speaker 1: some effect. But at the same time, I think what
- 10:58Speaker 1: is consequential for economic data is people feel in their lives.
- 11:04Speaker 1: So inflation, you don't have all the inflation numbers you want.
- 11:09Speaker 1: But when you go and fill up your truck and
- 11:11Speaker 1: it's one hundred and fifty bucks, you don't need a
- 11:15Speaker 1: chart to know that. When it's one hundred bucks to
- 11:17Speaker 1: fill up a minivan, you don't need a chart to
- 11:19Speaker 1: know that. When you go to the grocery store and
- 11:21Speaker 1: the cost of everything has gone up ten, twenty, thirty, forty,
- 11:25Speaker 1: you don't need a chart to know that. You're looking
- 11:27Speaker 1: at the numbers going, wait a second, I can't afford
- 11:30Speaker 1: the stuff I could afford last week. There are people
- 11:32Speaker 1: that are making hard choices between what am I going
- 11:35Speaker 1: to spend? If you're on a fixed income and the
- 11:38Speaker 1: prices of everything have gone up, you're seeing it firsthand.
- 11:42Speaker 1: The two charts I showed small businesses the fact that
- 11:46Speaker 1: their confidence is plummeted. They're seeing it consumers. Their confidence
- 11:50Speaker 1: is plummeted. So even though they won't have the headlines,
- 11:54Speaker 1: they're seeing it every day in the economy. And I'm
- 11:56Speaker 1: reminded of one of the classic things Reagan said. He said,
- 12:00Speaker 1: a recession is when your neighbor loses his job, a
- 12:05Speaker 1: depression is when you lose your job, and a recovery
- 12:11Speaker 1: is when Jimmy Carter loses his job. I think that
- 12:15Speaker 1: was a beautiful and brilliant point, and I think that
- 12:19Speaker 1: is playing out right here today. If you're losing your job,
- 12:22Speaker 1: if you're paying more at the gas pump, if you're
- 12:24Speaker 1: paying more at the grocery store, if you're feeling the
- 12:27Speaker 1: pain of the economic disaster that is the Biden administration.
- 12:32Speaker 1: Whether or not you read a headline that says we're
- 12:34Speaker 1: in a recession, you know it ain't good. It's even
- 12:39Speaker 1: more insidious than all of those inflation numbers that we're
- 12:42Speaker 1: seeing because of something we mentioned on this show several
- 12:45Speaker 1: episodes back. But you're now seeing the fruit of it
- 12:48Speaker 1: because of shrink inflation, which is the other side of it.
- 12:51Speaker 1: So prices are going up. Isn't that what George Costanza
- 12:54Speaker 1: talked about when he got into cold Pool? You think
- 12:57Speaker 1: a related concept, but a little bit different. So we
- 13:01Speaker 1: were so the other night, Sweet Little Lace and I
- 13:04Speaker 1: were going to have fondue with our friends. I don't know.
- 13:07Speaker 1: We felt like we were living in the nineteen seventies
- 13:08Speaker 1: or something. I went out to go buy cheese, I
- 13:11Speaker 1: had to buy twenty four ounces of cheese. I pick
- 13:13Speaker 1: up the various blocks of cheese, and I noticed something
- 13:16Speaker 1: a little weird. The amount of cheese in the block
- 13:20Speaker 1: had gone down. I looked at the one block of
- 13:22Speaker 1: cheese I bought. It was five point nine ounces. Why
- 13:26Speaker 1: was it five point No recipe ever in the history
- 13:29Speaker 1: of cheese has called for five point nine ounces of cheese. Clearly,
- 13:33Speaker 1: what the companies had done is shrunken the amount that
- 13:37Speaker 1: they were giving you, and they were either maintaining the
- 13:39Speaker 1: price or the price was going up. There's a new
- 13:40Speaker 1: report out of The Daily Mail analyzing a number of
- 13:43Speaker 1: major brands to show that major cereal companies are reducing
- 13:47Speaker 1: the amount of cereal in the box only by two
- 13:50Speaker 1: and a half three ounces, but that can be a
- 13:52Speaker 1: seventeen percent reduction in the amount of cereal in the
- 13:55Speaker 1: box because they were just isn't that much cereal in
- 13:57Speaker 1: a box? To begin with? Gatorade docing to an unnoticeable
- 14:03Speaker 1: until you really start to look for a degree the
- 14:05Speaker 1: amount of gatorade in the bottle. You're seeing this with
- 14:08Speaker 1: toilet tissue, You're seeing this with paper towels, You're seeing
- 14:11Speaker 1: this with canned coffee you're sees across the economy. So
- 14:14Speaker 1: the actual inflation that we are all experiencing is even
- 14:18Speaker 1: worse just than the number going up a little bit
- 14:21Speaker 1: at the checkout line when you're in the grocery store.
- 14:24Speaker 1: So I think you're beginning to see this reality reflected
- 14:28Speaker 1: in Joe Biden's polls. Biden now the majority of Democrats
- 14:31Speaker 1: don't want him to run again for re election. There
- 14:34Speaker 1: was a poll out of New Hampshire where Pete Boota
- 14:36Speaker 1: Jedge actually did better among prospective Democrat voters than Joe
- 14:41Speaker 1: Biden did. And by the way, speaking of insidious problems,
- 14:44Speaker 1: you've got this problem now of mass migration, which is
- 14:48Speaker 1: even starting to bother the Democrats in New York. New
- 14:51Speaker 1: York Democrat Mayor Eric Adams just claimed that the illegal
- 14:54Speaker 1: immigrants were being bust from your state senator up to
- 14:58Speaker 1: New York are creating a huge burden on New Yorkers,
- 15:02Speaker 1: which is kind of ironic because the New York Democrats
- 15:05Speaker 1: always tout how wonderful illegal immigration is and how it's
- 15:08Speaker 1: our great strength. Well, if it's a great strength for
- 15:10Speaker 1: Texas and Arizona, why is it all of a sudden
- 15:12Speaker 1: a burden when you Democrats have to deal with the
- 15:15Speaker 1: problem in your state. I know you were just down
- 15:18Speaker 1: there touring the border yourself, seeing at firsthand, so I
- 15:22Speaker 1: was let me say the point you just made a
- 15:24Speaker 1: minute ago, I think is important, which is, the last
- 15:27Speaker 1: week we saw the mayor of New York City and
- 15:29Speaker 1: the mayor of Washington, DC, Eric Adams and Muriel Bowser
- 15:33Speaker 1: both publicly complain about the enormous burden illegal immigration is
- 15:37Speaker 1: putting on DC in New York City. Now, for blue state,
- 15:42Speaker 1: Blue city Democrats to be whining about illegal immigration is
- 15:46Speaker 1: rich with hypocrisy at a level. That is, if they
- 15:49Speaker 1: think it's bad, what do you think South Texas is experiencing?
- 15:52Speaker 1: What do you think Laredo and McCallan, an Eagle Pass
- 15:54Speaker 1: del Rio are experiencing. And by the way, if they
- 15:58Speaker 1: want to solve it, both of them are enthusiastic supporters
- 16:02Speaker 1: of Joe Biden and all the Democrats. It's the Democrats
- 16:05Speaker 1: who have caused this. So you mentioned I just got
- 16:08Speaker 1: back from the border. So two weeks ago, I took
- 16:10Speaker 1: a trip to the southern border. I brought seven senators
- 16:12Speaker 1: with me. I've been to the border a lot, and
- 16:16Speaker 1: the ten years I've been in the Senate, I've gone
- 16:18Speaker 1: dozens of times down to the border. It is the
- 16:22Speaker 1: worst right now that I have ever seen it. We
- 16:24Speaker 1: got down there Thursday night. First thing we did is
- 16:27Speaker 1: we went out on midnight patrol with the border patrol.
- 16:30Speaker 1: Now you go out on midnight patrol, you might think, Okay,
- 16:32Speaker 1: you're gonna go hunt free legal aliens to see if
- 16:34Speaker 1: you can find them. You don't hunt for him. Within
- 16:37Speaker 1: minutes you encounter them. You just go down to the
- 16:39Speaker 1: border and you find them. And we were there three
- 16:42Speaker 1: four minutes. First group we saw was three teenagers, two
- 16:46Speaker 1: girls and a boy. They all said they were sixteen
- 16:49Speaker 1: or seventeen years old. Night. I don't know if they're
- 16:51Speaker 1: sixteen or seventeen, because if they say they're under eighteen,
- 16:54Speaker 1: they definitely stay. If they're eighteen, there's a chance the
- 16:58Speaker 1: law might be enforced against them, So every one of
- 17:00Speaker 1: them claims to be under eighteen. The second group was
- 17:04Speaker 1: a group of women and children, about a dozen people.
- 17:08Speaker 1: In that group were two seven year old girls. We
- 17:12Speaker 1: talked to them. Both of the seven year old girls
- 17:16Speaker 1: were unaccompanied minors, so they didn't have a parent with them.
- 17:19Speaker 1: They didn't have a family member with them. They weren't sisters,
- 17:22Speaker 1: they weren't related to each other. So both of them
- 17:24Speaker 1: were seven year old girls that their families had handed
- 17:28Speaker 1: over to criminal drug cartels. They were with strangers in
- 17:32Speaker 1: this group. I got to say, as the father of daughters,
- 17:35Speaker 1: I cannot imagine handing us your seven year old daughter
- 17:39Speaker 1: over to drug cartels. The border patrol we were down
- 17:42Speaker 1: on the border. They pointed us to a patch of grass.
- 17:45Speaker 1: It was a couple hundred yards away from where we were.
- 17:49Speaker 1: They said, a couple of weeks earlier they had found
- 17:52Speaker 1: two little girls, aged five and six, both of whom
- 17:57Speaker 1: had been violently raped by the chaos, and the border
- 18:02Speaker 1: patrol had to perform emergency medical care on these little
- 18:05Speaker 1: girls that had been badly violated. The thing that is
- 18:09Speaker 1: infuriating is this is happening literally every hour of every day.
- 18:15Speaker 1: This was within five or ten minutes of being down
- 18:18Speaker 1: on the border, and then we encountered another group, and
- 18:19Speaker 1: another group, and another group. It's a constant stream of humanity,
- 18:24Speaker 1: a people being brutalized, people being abused, people being assaulted,
- 18:28Speaker 1: people being sexually assaulted. The Democrats pitched their open border
- 18:33Speaker 1: policies as humane and compassionate. It's not humane, it's not compassionate.
- 18:40Speaker 1: It is horrific and indefensible. Do you think there is
- 18:44Speaker 1: any hope of anything being done about it before we
- 18:48Speaker 1: get a Republican in the White House? Ordinarily I would
- 18:50Speaker 1: say no, there's no hope that Democrats want to keep
- 18:53Speaker 1: going because they think it gives them a political benefit.
- 18:56Speaker 1: But when you see New York, when you see DC,
- 19:00Speaker 1: when you see liberal mayors complaining about this because red states,
- 19:05Speaker 1: finally Greg Abbott down in Texas are shipping some of
- 19:08Speaker 1: the illegal aliens up to those blue places so they
- 19:12Speaker 1: can deal with it, do you think there is any
- 19:14Speaker 1: chance that that pressure from the Dems will encourage the
- 19:18Speaker 1: Biden administration to in any way start enforcing the law.
- 19:23Speaker 1: So I do think there's hope, And let me flesh
- 19:26Speaker 1: out because it's important to understand how completely indefensible it
- 19:31Speaker 1: is what's going on down in the southern border. Nobody
- 19:33Speaker 1: who's there is defending it, like if you see it.
- 19:37Speaker 1: We met with landowners, with ranchers and farmers. They showed
- 19:40Speaker 1: us photograph after photograph of dead bodies they find on
- 19:43Speaker 1: the ranches. They find pregnant women that the coyotes abandoned
- 19:47Speaker 1: in the hot desert. They die that they find elderly people,
- 19:50Speaker 1: they find children, just over and over again who die
- 19:54Speaker 1: because these human traffickers, they are vicious, inhumane criminals. They
- 20:01Speaker 1: do not care about the people they're trafficking in. As
- 20:04Speaker 1: you know, a few weeks ago, we had attracted trailer
- 20:07Speaker 1: just outside of San Antonio. Fifty three people died in
- 20:10Speaker 1: that tractor trailer. They died of heat exposure. They were
- 20:14Speaker 1: basically cooked in an oven that included children as young
- 20:17Speaker 1: as thirteen years old. You want to talk about mass murders,
- 20:20Speaker 1: fifty three people killed. Last year, we had over one
- 20:25Speaker 1: hundred thousand drug overdoses from fennol. The Biden body bags
- 20:32Speaker 1: keep piling up because these are the human cost and tragedy.
- 20:37Speaker 1: And you know, there's a reason Joe Biden has not
- 20:39Speaker 1: been to the border once. There's a reason Kamala Harris,
- 20:42Speaker 1: who's ostensibly the borders are for Biden, has not been
- 20:46Speaker 1: to the Rio Grand Valley once because if they came,
- 20:50Speaker 1: the TV cameras have followed them and you cannot defend
- 20:54Speaker 1: what's happening. Their only hope, and it actually goes back
- 20:58Speaker 1: to the recession. It's the point where are making before
- 21:01Speaker 1: about redefining recession. They're counting on the corrupt corporate media
- 21:05Speaker 1: lying and just ignoring it. So if you watch CNN,
- 21:09Speaker 1: if you're one of the six people on planet Earth
- 21:11Speaker 1: who watch a CNN, you have no idea there's a
- 21:15Speaker 1: border crisis because they don't cover it. CNN had you know.
- 21:19Speaker 1: I watched the other day. I got a haircut in
- 21:21Speaker 1: the barbershop. They were playing CNN, which I was kind
- 21:24Speaker 1: of irritated about, but I watched for thirty minutes. They
- 21:26Speaker 1: talked about how it's really hot. It's hot in New
- 21:29Speaker 1: York City and people are going out and they're dancing
- 21:31Speaker 1: in fountains because it's really hot. And I'm like, okay, fine,
- 21:34Speaker 1: I get it, it's summertime, it's hot, but could you
- 21:37Speaker 1: possibly cover the humanitarian crisis that is unfolding on our
- 21:44Speaker 1: southern border. So Michael I stood at midnight on the
- 21:49Speaker 1: northern bunk of the Rio Grand and on the ground
- 21:54Speaker 1: you saw hundreds of colored wristbands. The wristbands are worn
- 21:59Speaker 1: by the illegal limit prints. So every illegal immigrant who
- 22:03Speaker 1: comes to America must pay the Mexican drug cartels, and
- 22:06Speaker 1: they pay them anywhere typically from three thousand to twelve
- 22:10Speaker 1: thousand dollars. Some of the immigrants from China in particular
- 22:14Speaker 1: pay as much as fifty to seventy thousand dollars. The
- 22:18Speaker 1: only way you cross is to pay a cartel. If
- 22:20Speaker 1: you try to cross on your own, if you get
- 22:22Speaker 1: an a raft and swim, the cartels will kill you.
- 22:25Speaker 1: Like there is one hundred percent operational control on the
- 22:28Speaker 1: southern border on the south from the cartels. So when
- 22:33Speaker 1: people cross, the armbands they're wearing, the color corresponds to
- 22:38Speaker 1: how many thousands of dollars they owe the cartels. So
- 22:41Speaker 1: depending on how many thousands of dollars they owe, because
- 22:43Speaker 1: many of these people don't have three, four, five, ten,
- 22:46Speaker 1: twelve thousand dollars, so they come in and they're in
- 22:49Speaker 1: hack five to six seven thousand dollars. So what happens
- 22:53Speaker 1: when they get here, The border patrol doesn't catch them.
- 22:58Speaker 1: It's not a chase, it's not an apprehension. They come
- 23:01Speaker 1: and affirmatively look for the border patrol. They come and
- 23:04Speaker 1: turn themselves in. The Biden administration has actually put arrows,
- 23:08Speaker 1: like from the river bank up to where the border
- 23:11Speaker 1: patrol is to guide the guide the people. Just a
- 23:13Speaker 1: steady stream of people. They come carrying a plastic baggie.
- 23:18Speaker 1: Within the baggie they have a typically a card with
- 23:22Speaker 1: a name of somebody in the United States, a phone number,
- 23:24Speaker 1: and an address. And Joe Biden, Kamala Harris are the
- 23:27Speaker 1: last mile of the human trafficking network. Now you might think,
- 23:32Speaker 1: if you don't live in Texas or Arizona, you know,
- 23:36Speaker 1: live in a border state, you might think, well, this
- 23:38Speaker 1: is bad, but it's not my problem. Well, you know
- 23:40Speaker 1: what you do live in a border state, Michael, You
- 23:43Speaker 1: live in Nashville. Nashville is not on our southern border.
- 23:48Speaker 1: Every city in America. Joe Biden is flying illegal immigrants
- 23:52Speaker 1: to those cities. So you have them in Nashville, and
- 23:55Speaker 1: the teenage boys arrive and most of them owe the
- 23:58Speaker 1: cartels still thousands of dollars. They have to pay it
- 24:01Speaker 1: back because if they don't pay it back, the cartels
- 24:04Speaker 1: will murder their families. And so in Nashville, Tennessee, you
- 24:08Speaker 1: have teenage boys who are illegal immigrants who are paying
- 24:11Speaker 1: back the thousands of dollars they owe the cartels by
- 24:15Speaker 1: working for Mexican drug cartels. So you have criminals who
- 24:18Speaker 1: are being and these are involuntary criminals. They came seeking freedom,
- 24:23Speaker 1: but now they're in hawk to a drug cartel. So
- 24:25Speaker 1: they got to work off their debt. And I got
- 24:27Speaker 1: to tell you, as bad as it is for the boys,
- 24:31Speaker 1: the girls have it much much worse the girls. There
- 24:35Speaker 1: are thousands upon thousands of teenage girls who end up
- 24:40Speaker 1: getting trapped in sex slavery where they owe thousands of
- 24:44Speaker 1: dollars to the cartels. Cartels said, great, we'll help you
- 24:46Speaker 1: pay it off. We'll put shit a brothel. And the
- 24:49Speaker 1: brothels are run like modern day plantation. So they keep
- 24:53Speaker 1: a ledger and they charge the girls and the brothels
- 24:57Speaker 1: for everything. They charge them for food, for room for
- 25:00Speaker 1: or they charge them for air conditioning, they charge them
- 25:02Speaker 1: for their sheets, they charge them. I'm told the going
- 25:05Speaker 1: rate to cut off an ankle bracelet, if you have
- 25:07Speaker 1: an ankle monitoring bracelet is thirty dollars. So they keep
- 25:10Speaker 1: a ledger and it's like the old plantations where the
- 25:12Speaker 1: debt keeps piling up and then they work in the
- 25:15Speaker 1: brothel to try to pay the debt off and they're trapped.
- 25:18Speaker 1: And if you think for a minute, let's say you're
- 25:20Speaker 1: a Honduran fifteen year old girl, and you look north
- 25:24Speaker 1: and you dream of freedom. You want to be in America,
- 25:28Speaker 1: you want to be free, and six months later you're
- 25:31Speaker 1: trapped in sex slavery in hell. That's why Biden and
- 25:38Speaker 1: the Democrats don't want to defend this because when you
- 25:40Speaker 1: talk about those facts, Look, those colored wrist bands are
- 25:46Speaker 1: like the leg irons of modern day slavery. This is
- 25:50Speaker 1: the slave trade. These cartels are slave traders, and Joe
- 25:55Speaker 1: Biden and Kamala Harris are facilitating today's our cost slavery.
- 26:01Speaker 1: It is horrific, it is evil, it is wrong, and
- 26:06Speaker 1: your question is can we do anything about it? Here's
- 26:09Speaker 1: one thing we can do about it. When in November,
- 26:12Speaker 1: when a huge margin in November, I think we're going
- 26:14Speaker 1: to turn South Texas read because the people in South
- 26:17Speaker 1: Texas are seeing this and they're horrified. And then I
- 26:20Speaker 1: think one of the very first priorities of the new
- 26:24Speaker 1: Republican Congress should be to impeach Alejandra may Orchis, who
- 26:28Speaker 1: is the Secretary of Homeland Security. He is responsible for
- 26:32Speaker 1: this tobaccle. I recently saw a video of him at
- 26:36Speaker 1: the Aspen Security Conference where he was asked is the
- 26:40Speaker 1: border secure and like the whole crowd of leftist sipping chardonnay,
- 26:45Speaker 1: they all laughed, Oh that's so funny. Ha ha. You know,
- 26:48Speaker 1: I'm sorry. I don't think little girls being raped on
- 26:51Speaker 1: our southern border is funny. You jackasses like like like,
- 26:55Speaker 1: it is infuriating to watch these liberals laughed and he
- 26:59Speaker 1: says the is secure. It's a flat out lie. The
- 27:04Speaker 1: reason I believe the House should impeach Mayorcas early next
- 27:08Speaker 1: year is the Senate should conduct an impeachment trial, and
- 27:13Speaker 1: it should be a detailed, extensive impeachment trial. We need
- 27:17Speaker 1: to put the evidence of the horrors of the southern
- 27:20Speaker 1: border before the American people because the corporate media doesn't
- 27:24Speaker 1: want people to know, and I think we have a responsibility. Now, look,
- 27:27Speaker 1: do I think Senate Democrats are going to vote to
- 27:29Speaker 1: convict No. I think they're political cowards. But I think
- 27:36Speaker 1: laying out the facts before the American people in a
- 27:38Speaker 1: trial early next year is incredibly important. Do you think
- 27:44Speaker 1: that the House can do it politically? I suppose they
- 27:47Speaker 1: can do it if they get the numbers. But does
- 27:51Speaker 1: what may Orcus has done or failed to do meet
- 27:55Speaker 1: the legal threshold to impeach them? I think not only
- 27:59Speaker 1: can they do, I think they will do it. And
- 28:02Speaker 1: it's listen, I've been When I was on this border trip,
- 28:05Speaker 1: I publicly called in the House to impeach Mayorcus. I
- 28:08Speaker 1: think the momentum is growing for that. I think the
- 28:11Speaker 1: pressure will be there. I will be surprised if they
- 28:13Speaker 1: don't impeach may Orcus. They may well impeach Biden as well,
- 28:16Speaker 1: and we've talked about that before on the podcast. But
- 28:19Speaker 1: Mayorcas is as close to a no brainer. He'll be
- 28:23Speaker 1: the first, and he'll be the first because it is
- 28:27Speaker 1: such an abject dereliction of duty. It is a refusal
- 28:31Speaker 1: to follow the law. It is a refusal. It is
- 28:35Speaker 1: an open scoffing at the national security of the United
- 28:38Speaker 1: States is endangering Americans. I think the House will impeach him,
- 28:42Speaker 1: and I think the trial, I hope, will be an
- 28:46Speaker 1: incredibly important Even as corrupt as the media is, I
- 28:49Speaker 1: think that the impeachment trial will be very difficult for
- 28:54Speaker 1: the media to ignore. I know a great impeachment trial
- 28:56Speaker 1: podcast that can just relocate to DC for it. I
- 28:59Speaker 1: think it'll be a lot of fun. Speaking of this
- 29:02Speaker 1: red wave that a lot of people are anticipating, Senator,
- 29:05Speaker 1: I have to confess I've had a little bit of
- 29:08Speaker 1: fomo the past week because I was very excited. I
- 29:12Speaker 1: was invited to go to the Young America's Foundation Conference,
- 29:15Speaker 1: their big annual conference, and I was invited to go
- 29:18Speaker 1: to the TPUSA Annual Conference. And these are two really big,
- 29:22Speaker 1: really exciting gatherings of young conservatives, and I go pretty
- 29:25Speaker 1: much every year every certainly every year I can go.
- 29:28Speaker 1: And this year I've been waiting on another young American,
- 29:31Speaker 1: my own second son, young American, who is not as
- 29:35Speaker 1: of recording, this has not yet come out of mominols.
- 29:38Speaker 1: So we're just waiting here. You, however, got to go
- 29:42Speaker 1: to both of those conferences and a whole bunch of
- 29:45Speaker 1: other places as well. Well, that's right. And let me say,
- 29:49Speaker 1: first of all, I'm really excited to welcome the youngest American,
- 29:53Speaker 1: and the instant he is born, he will be the
- 29:55Speaker 1: youngest American alive. Now, someone will pass them very shortly thereafter,
- 29:58Speaker 1: but there will be a brief instant where your son
- 30:01Speaker 1: is the youngest American and the entire planet. So that's
- 30:04Speaker 1: really cool. Um and and and I am praying that
- 30:10Speaker 1: he gets his mother's good looks. Yes, So Luckily our
- 30:14Speaker 1: first child did, so we're hoping number two lucks out
- 30:19Speaker 1: as well. Otherwise he's going to have to, I don't know,
- 30:21Speaker 1: become a conservative podcast host someday. Hey that that that's
- 30:25Speaker 1: a booming career. Uh so you know he can aspire
- 30:29Speaker 1: to be a conservative podcaster. I will say, it's interesting.
- 30:33Speaker 1: So you and I are in a very very small
- 30:36Speaker 1: and select group that that goeach heered to both Turning
- 30:40Speaker 1: Point USA and a Young Americans Foundation. Now they're both
- 30:44Speaker 1: fantastic groups. I think the world of both of them. Uh.
- 30:48Speaker 1: They both focus on young people, on college kids, but
- 30:51Speaker 1: they get a different crowd. The Turning Point crew is rowtier.
- 30:55Speaker 1: They're they're a little raunchier there. They're fun crowd. The
- 30:59Speaker 1: the YF crowd is probably a more cerebral and academic crowd.
- 31:07Speaker 1: They're a little more buttoned up, more bow tie, more
- 31:10Speaker 1: bow tie it ya. But they're both awesome, and I
- 31:12Speaker 1: gotta say, almost nobody goes to both. They tend to
- 31:16Speaker 1: have like if you look at the speaker list, YAF
- 31:19Speaker 1: has one group, Turning Point as another, and there's almost
- 31:21Speaker 1: zero overlap. And you and I are in the incredibly
- 31:25Speaker 1: small intersection of the venn diagram that is at both
- 31:29Speaker 1: and I've done both of them in the last few days,
- 31:32Speaker 1: and I got to say, the energy and enthusiasm, I
- 31:36Speaker 1: think there are a bunch of young people. By the way,
- 31:39Speaker 1: thousands of the people at both conferences are subsubscribers to Verdict,
- 31:44Speaker 1: and a bunch of them are new subscribers. So let
- 31:46Speaker 1: me say, welcome to the turning Point, new subscribers, Welcome
- 31:49Speaker 1: to the YAFF new subscribers. But it is encouraging to
- 31:53Speaker 1: see young people who love liberty and are fed up
- 31:59Speaker 1: with the sanity we're seeing, and I think that is
- 32:02Speaker 1: a really really good sign. It is. And you've been
- 32:05Speaker 1: traveling to other places as well. Last I checked. Every
- 32:08Speaker 1: time you know, we text or we do a podcast,
- 32:11Speaker 1: you seem to be in a new place. Because obviously
- 32:14Speaker 1: the midterm elections are coming up, You're going around, you're
- 32:16Speaker 1: helping some other conservative candidates, rallying the troops. And I
- 32:21Speaker 1: think what's especially helpful, at least from my understanding of things,
- 32:25Speaker 1: is getting a sense of where the American people are
- 32:28Speaker 1: at right now heading into November. So to give you
- 32:32Speaker 1: a sense, the last week or so, I've been in Texas, DC, Georgia, Florida, Missouri, Texas, DC.
- 32:44Speaker 1: And that's in I guess nine days. It has been
- 32:49Speaker 1: a lot of time and a lot of airplanes. But
- 32:52Speaker 1: between now an election day, I'm going to be on
- 32:54Speaker 1: the road NonStop. I'm going to spend most of August,
- 32:57Speaker 1: most of October on the road campaigning for Senate candidates,
- 33:01Speaker 1: for House candidates. We have an historic opportunity. And you know,
- 33:06Speaker 1: I'm not on the ballot this year, which is a
- 33:08Speaker 1: nice thing about a six year Senate term, so I
- 33:10Speaker 1: don't have to worry about my reelection this year. So
- 33:13Speaker 1: I'm devoting all my time to helping other people, to
- 33:15Speaker 1: going and doing rallies for other candidates. And so in George,
- 33:20Speaker 1: I spoke at a gathering of Alliance Defending Freedom, which
- 33:23Speaker 1: does incredible work defending religious liberties, group I've long supported.
- 33:27Speaker 1: In Florida. I was a turning point. I was supposed
- 33:31Speaker 1: to go to the ADF conference as well. You're just
- 33:33Speaker 1: giving me even more fomo. I forgot. I was supposed
- 33:36Speaker 1: to go to that one, and baby shut that one down.
- 33:38Speaker 1: To your senator, you're having all the fun this summer.
- 33:40Speaker 1: It was phenomenal, and but you know, every one of
- 33:44Speaker 1: the gatherings was the worst off because we will we
- 33:48Speaker 1: were Knowles free, which is a terrible condition to be
- 33:51Speaker 1: in naturally naturally, But then all of these other places, Missouri,
- 33:56Speaker 1: all around the country, and so I hope and I
- 34:00Speaker 1: take it that these visits are making you feel more
- 34:03Speaker 1: encouraged about November. So Missouri, I was campaigning for Eric Schmid.
- 34:07Speaker 1: Eric Schmid is running for senator in Missouri. He is
- 34:11Speaker 1: the sitting Attorney general. Eric as a friend. He's a
- 34:13Speaker 1: strong conservative. I think he's by far the best candidate
- 34:16Speaker 1: in the race. So I did three rallies, started off
- 34:19Speaker 1: in the Saint Louis area, then went to Kansas City,
- 34:21Speaker 1: and then ended in Springfield. So did a morning rally
- 34:24Speaker 1: and afternoon rally and evening rally. And by the way,
- 34:27Speaker 1: Eric decided to work me. So I did three fundraisers
- 34:29Speaker 1: in addition to three rallies. So raised him a bunch
- 34:32Speaker 1: of money and did big rallies, had huge crowds. And
- 34:35Speaker 1: I gotta say, I think Eric's gonna win. The election
- 34:38Speaker 1: is next week. He is leading the primary. I think
- 34:42Speaker 1: we're seeing conservatives uniting behind his campaign. And I think
- 34:46Speaker 1: if and when Eric wins, I think he will basically
- 34:49Speaker 1: take Missouri off the game board. That I don't even
- 34:51Speaker 1: think the Democrats will contest Missouri because he's a strong
- 34:56Speaker 1: enough candidate, but that they don't think they can beat him.
- 34:59Speaker 1: And so it was in Springfield. I also campaigned for
- 35:03Speaker 1: Eric Burleson, who's running for the House, who's a strong conservative,
- 35:07Speaker 1: was a great guy. He was at the rally as well.
- 35:10Speaker 1: So I will say it was a little complicated to
- 35:12Speaker 1: do a rally for Eric Schmidt and Rik Burlison. You
- 35:14Speaker 1: had to be like Eric Wander and Eric two. That
- 35:17Speaker 1: that was mildly complicated, But but I was encouraged the energy.
- 35:23Speaker 1: Every single rally we did was standing room only, like
- 35:26Speaker 1: packed houses, and people energized. And I think I've said
- 35:31Speaker 1: more than once I want to nominate Joseph Robadette Biden
- 35:35Speaker 1: to be Republican of the Year because he will have
- 35:38Speaker 1: elected more Republicans than any human being who's ever lived. Well,
- 35:44Speaker 1: someone get him a trophy. You're actually I can't believe
- 35:47Speaker 1: this is every time you mentioned one of these things,
- 35:49Speaker 1: I'm reminded. I also was supposed to go at to
- 35:52Speaker 1: Eric Burlison's event, who is He's a great guy, But
- 35:55Speaker 1: you know, it's gonna be okay. Even though I missed
- 35:57Speaker 1: all of the fun, extremely enthusiastic conservative events this summer,
- 36:03Speaker 1: we will have some very fun live events coming up
- 36:06Speaker 1: this fall. You mentioned YAF. We have gone on the
- 36:10Speaker 1: road with YAF the Verdict Live Tour before. We're planning
- 36:13Speaker 1: to do it again this fall. We're gonna have some
- 36:15Speaker 1: more information about that coming up. But that's always fun
- 36:19Speaker 1: because we love talking to the conservative students. In some ways,
- 36:23Speaker 1: you get even more of a kick out of talking
- 36:25Speaker 1: to the wild left wing students, and we plan to
- 36:28Speaker 1: be doing all of that come the fall, especially as
- 36:31Speaker 1: we look ahead to mid term elections. But that's for
- 36:35Speaker 1: then this right now, we've got to take a break.
- 36:38Speaker 1: I've got to take a break. You, Senator, are going
- 36:40Speaker 1: to stay on and talk with our friend Liz Wheeler,
- 36:43Speaker 1: isn't that right, Liz? Hi? Michael High, Senator. Actually, before
- 36:46Speaker 1: we talk about the topic, I just want to announce
- 36:48Speaker 1: this is the first episode of the Cloak Room that
- 36:50Speaker 1: we're doing in person. In fact, you can see I'm
- 36:52Speaker 1: sitting right here in the Verdict chair, so please join us.
- 36:55Speaker 1: We're gonna have a great time. Our topic tonight is
- 36:59Speaker 1: what Rebublicans can do once we retake the House, and
- 37:02Speaker 1: retake the Senate and retake the presidency, what Republicans can
- 37:05Speaker 1: do to actually combat the deep state, which is of
- 37:08Speaker 1: course another name for the administrative state. The deep state
- 37:11Speaker 1: is waging an Oakland war on Republicans, particularly Republican presidents.
- 37:15Speaker 1: So what are the legal remedies to this. Join us
- 37:18Speaker 1: at Verdict with Ted Cruise dot com slash plus. If
- 37:22Speaker 1: you use my promo code, which is Cloakroom, you can
- 37:24Speaker 1: get your first month free on an annual subscription Verdict
- 37:27Speaker 1: with Ted Cruz dot com slash Plus. I very much
- 37:30Speaker 1: look forward to that Cloakroom episode, but in the meantime,
- 37:33Speaker 1: that's enough for me. I'm Michael Knowles. This is Verdict
- 37:36Speaker 1: with Ted Cruz. This episode of Verdict with Ted Cruz
- 37:48Speaker 1: is being brought to you by Jobs, Freedom and Security Pack,
- 37:51Speaker 1: a political action committee dedicated to supporting conservative causes, organizations,
- 37:56Speaker 1: and candidates across the country. In twenty twenty two, Jobs
- 38:00Speaker 1: Freedom and Security Pack plans to donate to conservative candidates
- 38:03Speaker 1: running for Congress and help the Republican Party across the nation.