Latest / The Ben Ferguson Podcast / Illinois Judge Throws Trump OFF THE BALLOT, Just Hours Before Supreme Court Ruling, plus BlackRock ADMITS that ESG is Costing It Billions & Hunter Admits That He Got Millions from China

Transcript

Illinois Judge Throws Trump OFF THE BALLOT, Just Hours Before Supreme Court Ruling, plus BlackRock ADMITS that ESG is Costing It Billions & Hunter Admits That He Got Millions from China · The Ben Ferguson Podcast

• 0:01
  Speaker 1: Welcome.
• 0:01
  Speaker 2: It is Vernict with Senator Ted Cruz, Ben Ferguson with
• 0:04
  Speaker 2: you and Senator Today could be a very big day
• 0:07
  Speaker 2: when it comes to news coming from the Supreme Court.
• 0:09
  Speaker 1: Well, that's exactly right.
• 0:11
  Speaker 3: Later this morning, the Supreme Court is expected to hand
• 0:13
  Speaker 3: down its decision in the Colorado decision. The Colorado Supreme
• 0:17
  Speaker 3: Court had thrown President Trump off of the ballot, and
• 0:20
  Speaker 3: of course Maine had done so as well, and just
• 0:23
  Speaker 3: last week Illinois jumped into the mix. We'll discuss all
• 0:27
  Speaker 3: of that and explain what to expect beyond that. Blackrock,
• 0:31
  Speaker 3: the massive, massive financial company that really has been one
• 0:36
  Speaker 3: of the critical, if not the critical driver of ESG
• 0:39
  Speaker 3: the environmental and social justice movement, just made a filing
• 0:45
  Speaker 3: with the SEC where they admitted that this has been
• 0:48
  Speaker 3: an economic disaster, that they're losing billions. We'll get into
• 0:52
  Speaker 3: that as well. And then finally we're going to get
• 0:54
  Speaker 3: into some of the really major testimony that the Biden
• 0:58
  Speaker 3: family has been giving in Congress behind closed doors. Both
• 1:02
  Speaker 3: Hunter Biden and James Biden, Joe's brother, have admitted that
• 1:08
  Speaker 3: multiple things Joe said, we're just flat out lies. We'll
• 1:11
  Speaker 3: get into all of that in today's verdict.
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• 3:03
  Speaker 2: is a huge day when it comes to Supreme Court.
• 3:06
  Speaker 2: You mentioned at the beginning, we're expecting this ruling to
• 3:09
  Speaker 2: come down and this also will put into perspective the
• 3:13
  Speaker 2: absurdity of this new judge that inserted herself in Colorado
• 3:19
  Speaker 2: in essence taking Trump off the ballot yes again yet again,
• 3:22
  Speaker 2: or at least trying to.
• 3:24
  Speaker 3: Well, that's exactly right, And let me tell you why
• 3:26
  Speaker 3: we're expecting the Supreme Court decision today. Yesterday, on Sunday,
• 3:32
  Speaker 3: the Court put online a statement that at least one
• 3:38
  Speaker 3: opinion would be handed down today and that happens at
• 3:42
  Speaker 3: ten am. The Supreme Court typically hands down its opinions
• 3:45
  Speaker 3: at ten am. And the Court also put online quote
• 3:49
  Speaker 3: the Court will not take the bench. Now that's a
• 3:52
  Speaker 3: very unusual public statement. I can't recall the Court.
• 3:55
  Speaker 1: Ever doing so.
• 3:57
  Speaker 3: Typically, when the Court decides decisions, it will come in
• 4:00
  Speaker 3: usually at ten am on argument handdown days, and you
• 4:03
  Speaker 3: know when they are they put out a calendar, we're
• 4:06
  Speaker 3: going to hand down an opinion on this day. They
• 4:08
  Speaker 3: don't tell you what opinion it's going to be, but
• 4:09
  Speaker 3: they tell you that opinion is coming down. Well, they
• 4:12
  Speaker 3: did that on Sunday. They added a brand new argument
• 4:15
  Speaker 3: handdown day. And it is today, Monday, and the justices
• 4:21
  Speaker 3: had not been scheduled to come back to the court
• 4:23
  Speaker 3: room until March fifteenth, and so this statement is unusual.
• 4:28
  Speaker 3: And the timing of it is Tomorrow is super Tuesday.
• 4:34
  Speaker 3: Tomorrow is when Colorado is voting, and so I think
• 4:41
  Speaker 3: there is a high likelihood that the Justice has made
• 4:43
  Speaker 3: the decision. We need to hand this opinion down before
• 4:47
  Speaker 3: Colorado election day to resolve it. And so I think
• 4:50
  Speaker 3: by ten am today we will have the opinion. If
• 4:52
  Speaker 3: we have the opinion on the next verdict, Ben and
• 4:56
  Speaker 3: I will get into it and we will discuss exactly
• 4:58
  Speaker 3: what is coming. I will everyone that when Colorado issued
• 5:02
  Speaker 3: its decision the Colorado Supreme Court a divided four three decision.
• 5:07
  Speaker 3: My immediate reaction then is this, this opinion is dramatically
• 5:11
  Speaker 3: wrong and it is a usurpation of democracy, and it
• 5:15
  Speaker 3: will be reversed. It will be reversed by the Supreme Court.
• 5:18
  Speaker 3: And I said that very next day. Not only will
• 5:20
  Speaker 3: it be reversed, but I think there's a very real
• 5:23
  Speaker 3: likelihood that the decision will be unanimous. Now, hopefully the
• 5:27
  Speaker 3: next podcast we do will know whether or not that
• 5:29
  Speaker 3: that proved true. I hope it is unanimous. I think
• 5:32
  Speaker 3: it being unanimous would be really good for the country,
• 5:35
  Speaker 3: really good for the court. But we'll find out. I
• 5:39
  Speaker 3: am one hundred percent certain that Colorado will be reversed. Now,
• 5:45
  Speaker 3: what happened with Illinois. Illinois was one individual district judge
• 5:53
  Speaker 3: in Illinois, and if you look at at actually we
• 5:57
  Speaker 3: had Colorado Supreme Court, and then shortly thereafter that you
• 5:59
  Speaker 3: had the main Secretary of State. So Maine was the
• 6:02
  Speaker 3: second state to order Trump off the ballot, and then
• 6:05
  Speaker 3: Illinois just became the third. And it was one judge,
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  Speaker 3: a judge named Tracy Porter of the State Circuit Court
• 6:14
  Speaker 3: in Cook County, and she issued a ruling that said,
• 6:17
  Speaker 3: the State Board of Elections quote, shall remove Donald J.
• 6:22
  Speaker 3: Trump from the ballot for the general primary election on
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  Speaker 3: March nineteenth, twenty twenty four, or cause any votes cast
• 6:29
  Speaker 3: for him to be suppressed. So look, let's be clear.
• 6:33
  Speaker 3: On the face of the order, Democrats are not quite explicit.
• 6:37
  Speaker 3: This is voter suppression. And let me read that again.
• 6:41
  Speaker 3: Her order is, shall remove Donald J. Trump from the
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  Speaker 3: ballot for the general primary election on March nineteenth, twenty
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  Speaker 3: twenty four, or cause any votes cast for him to
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  Speaker 3: be suppressed. Ben this collective effort Colorado, Maine, Illinois, added
• 7:01
  Speaker 3: to the Department of Justice, relentless persecution of Trump, added
• 7:06
  Speaker 3: to Georgia and New York state courts, relentless persecution of Trump.
• 7:13
  Speaker 3: All of this is in total the greatest assault on
• 7:17
  Speaker 3: democracy in the history of our country. I do not
• 7:20
  Speaker 3: believe that is hyperbole, because what they are trying to
• 7:24
  Speaker 3: do is tell the American people, we will not let
• 7:29
  Speaker 3: you vote for the candidate you want to vote for
• 7:32
  Speaker 3: for president, even though right now he's likely to win.
• 7:35
  Speaker 3: We hate him so much we are ordering, as the
• 7:39
  Speaker 3: judge in Illinois said, quote any votes cast for him
• 7:43
  Speaker 3: to be suppressed.
• 7:45
  Speaker 2: You have this idea of copycats, and I think it's
• 7:48
  Speaker 2: pretty clear that whether it's activist DA's, it was like
• 7:51
  Speaker 2: once Donald Trump, for example, got taken a court, it
• 7:56
  Speaker 2: emboldened copycats to come forward Fanny Willis's and others to
• 8:00
  Speaker 2: jump all in in New York City, to jump all
• 8:02
  Speaker 2: in there and to go after Trump and find ways
• 8:06
  Speaker 2: to do it. But there also seems to be and
• 8:08
  Speaker 2: this is really concerning to me, Sentator, the copycats that
• 8:12
  Speaker 2: happen with Colorado, and then you mentioned the other states
• 8:15
  Speaker 2: as a country, are we and specifically as conservatives and
• 8:21
  Speaker 2: I'm guilty of this. I think most people listening are
• 8:23
  Speaker 2: probably going to agree. You don't pay a lot of
• 8:26
  Speaker 2: attention to who's running for judge. You may pay more
• 8:31
  Speaker 2: attention based on crime in your area to DA's and
• 8:34
  Speaker 2: things like that, But a lot of times most people
• 8:37
  Speaker 2: don't know who their judges are. Are Are we way
• 8:41
  Speaker 2: more vulnerable than we realized with activist judges?
• 8:45
  Speaker 4: I mean you look at this judge in Illinois.
• 8:47
  Speaker 2: I mean, this is a judge that if you look
• 8:48
  Speaker 2: at the background we're talking about some of that's basically
• 8:50
  Speaker 2: a traffic court judge. How does a judge in that
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  Speaker 2: position have enough power to take a presidential candidate off
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  Speaker 2: the ballot? Do we need to wake up his conservatives
• 9:02
  Speaker 2: and say, okay, it is time for us to get
• 9:04
  Speaker 2: hyper focused on picking good judges again.
• 9:08
  Speaker 3: Well, there's no doubt judges have enormous power and judges,
• 9:12
  Speaker 3: any judge can issue any order here she likes. Now,
• 9:17
  Speaker 3: whether it is enforced depends on a number of things.
• 9:20
  Speaker 3: One is simply whether the executive branches will comply. You know,
• 9:25
  Speaker 3: there was a famous early battle with the Supreme Court
• 9:29
  Speaker 3: in eighteen thirty two where John Marshall was the Chief
• 9:32
  Speaker 3: Justice of the Supreme Court and he authored an opinion
• 9:35
  Speaker 3: for the Supreme Court concerning Indian tribes that Andrew Jackson
• 9:39
  Speaker 3: didn't like. And Jackson is widely quoted as saying, John
• 9:43
  Speaker 3: Marshall has made his decision, Now let him enforce it. Now,
• 9:48
  Speaker 3: whether he actually said that or not. It may be apocryphal.
• 9:52
  Speaker 3: It's believed that the actual words that he said to
• 9:56
  Speaker 3: Brigadier General John Coffee were, the decision of the Supreme
• 9:59
  Speaker 3: Court has fell stillborn, and they cannot and they find
• 10:04
  Speaker 3: that it cannot course Georgia to yield to its mandate.
• 10:08
  Speaker 3: So that's whichever way it was. The principle if a
• 10:12
  Speaker 3: decision is so wildly out of touch, people are not
• 10:16
  Speaker 3: going to comply. That that is a reality. But beyond that,
• 10:20
  Speaker 3: just within the judicial system, there's the simple reality that
• 10:24
  Speaker 3: decisions that are lawless will not be carried out because
• 10:30
  Speaker 3: if the appellate system operates, they will be stopped and
• 10:33
  Speaker 3: they will be forced to comply with the rule of law.
• 10:36
  Speaker 3: And so what will happen here if we are right
• 10:41
  Speaker 3: that later today the Supreme Court will reverse the Colorado
• 10:45
  Speaker 3: Supreme Court decision and will make clear that Colorado courts
• 10:50
  Speaker 3: cannot throw Donald Trump off the ballot because individual judges
• 10:55
  Speaker 3: or justices or courts, or individual democrats state officials conclude
• 10:59
  Speaker 3: that they think January sixth was an insurrection and they
• 11:02
  Speaker 3: think under the fourteenth Amendment, that means Trump can't appear
• 11:06
  Speaker 3: in the ballot. Once that order is issued, Maine and
• 11:10
  Speaker 3: Illinois will resolve themselves.
• 11:12
  Speaker 1: In Maine, either the.
• 11:14
  Speaker 3: Secretary of State will reverse her decision or the courts
• 11:18
  Speaker 3: will order her to do so. In Chicago, either the
• 11:21
  Speaker 3: judge will reverse her decision, or other courts, either the
• 11:26
  Speaker 3: appellate courts in Chicago or ultimately federal courts will order
• 11:31
  Speaker 3: her to do so or order the Board of Elections
• 11:34
  Speaker 3: not to comply with the order. But let me pause
• 11:37
  Speaker 3: for a second. You know you said we should focus
• 11:39
  Speaker 3: more on who judges are. It's worth spending a little
• 11:43
  Speaker 3: bit of time examining who this judge is. Who is
• 11:49
  Speaker 3: Tracy Porter now? Tracy Porter is a native of Chicago's
• 11:54
  Speaker 3: South Side and she went to college at Cornell College
• 11:59
  Speaker 3: and then got her law degree at Drake University. She
• 12:02
  Speaker 3: spent four years as a litigation attorney in the Office
• 12:07
  Speaker 3: of the Solicitor in the US Department of Labor in
• 12:09
  Speaker 3: the nineteen nineties, and then she worked as a lawyer
• 12:13
  Speaker 3: in private practice and in law school. And then in
• 12:18
  Speaker 3: twenty twenty one she was appointed to a traffic court
• 12:22
  Speaker 3: position that was three years ago. She was resolving traffic tickets,
• 12:27
  Speaker 3: and then in twenty twenty two she won an election
• 12:32
  Speaker 3: for a full term as a judge of the Cook
• 12:35
  Speaker 3: County Circuit Court. So she's a brand new judge. She
• 12:39
  Speaker 3: was a traffic court judge. She just was elected the
• 12:41
  Speaker 3: Cook County Circuit Court. And you know one of the
• 12:45
  Speaker 3: things that she said her quote when she was appointed
• 12:49
  Speaker 3: in twenty twenty one, here's a quote from Judge Porter quote.
• 12:52
  Speaker 3: My motto is impacting lives and changing communities. And that
• 12:59
  Speaker 3: is how I will approach this new position. Understand what
• 13:03
  Speaker 3: she's not talking about following the law, Like the rule
• 13:07
  Speaker 3: of law is nowhere to be found. This is a Democrat,
• 13:11
  Speaker 3: partisan activist, and she, I have no doubt, was thrilled,
• 13:20
  Speaker 3: thrilled to have an opportunity to strike back at Donald Trump.
• 13:24
  Speaker 3: And you know, it reminds me of do you remember
• 13:28
  Speaker 3: the foreman of the Fulton County, Georgia grand jury that
• 13:33
  Speaker 3: that indicted Donald Trump? And it was this, this this
• 13:38
  Speaker 3: young woman who went on a media tour afterwards, one
• 13:41
  Speaker 3: of the most disastrous media tours. Fact, the only media
• 13:44
  Speaker 3: tour I could ever recall a grand jury foreman going
• 13:49
  Speaker 3: on where where she said, you know, something to the
• 13:51
  Speaker 3: effect of, well, just the opportunity to like ask questions
• 13:54
  Speaker 3: of Donald Trump. Wow, that was just great just.
• 13:56
  Speaker 4: To swear him in.
• 13:57
  Speaker 2: Remember she was like fantasizing over the idea of getting
• 13:59
  Speaker 2: to say, you know, do you solemnly swear? I mean
• 14:02
  Speaker 2: it was the craziest exit interview ever. But it also
• 14:05
  Speaker 2: showed how how embarrassing it was that that even the
• 14:08
  Speaker 2: indictment of Trump.
• 14:10
  Speaker 3: Well, and I think that's exactly who Tracy Porter is,
• 14:14
  Speaker 3: an angry left wing partisan who fresh off of of
• 14:19
  Speaker 3: of Traffic Court says I have the power to order
• 14:24
  Speaker 3: Trump off the ballot in Illinois. And the good news
• 14:28
  Speaker 3: is this decision will be reversed, and I think it
• 14:32
  Speaker 3: will be reversed very very quickly. As soon as the
• 14:34
  Speaker 3: Supreme Court decides, both Maine and Illinois will resolve themselves
• 14:39
  Speaker 3: as well.
• 14:39
  Speaker 4: Final question on this.
• 14:41
  Speaker 2: There used to be a fear that you could be
• 14:43
  Speaker 2: rebuked if you went outside the law too much, if
• 14:45
  Speaker 2: you're a lawyer and you kind of went rogue. Judges
• 14:49
  Speaker 2: were held to this higher standard. Is that an essence
• 14:52
  Speaker 2: gone now in our society? It seems like it if
• 14:55
  Speaker 2: you look at this last year.
• 14:57
  Speaker 3: Oh look this this judge, Tracy Porter, sh'll be a
• 15:00
  Speaker 3: hero in democratic circles.
• 15:03
  Speaker 1: She'll go.
• 15:04
  Speaker 3: She will be introduced as the judge who ordered Donald
• 15:07
  Speaker 3: Trump off the ballot, and Democrats will cheer yay, look
• 15:11
  Speaker 3: she's According to the Cook County Democratic Party, she's written
• 15:16
  Speaker 3: law review articles on the quote school to prison pipeline.
• 15:21
  Speaker 3: In other words, she's there to let people out of
• 15:25
  Speaker 3: jail and in particular to not enforce the law in
• 15:29
  Speaker 3: schools so to allow violent criminals to commit crimes in schools.
• 15:33
  Speaker 3: She's also written law review articles on voter rights and
• 15:37
  Speaker 3: mortgage short sales. Well, voter rights apparently the voters have
• 15:41
  Speaker 3: no rights because she just issued an order on its
• 15:44
  Speaker 3: face engaging in voter suppression. And she has also professional
• 15:49
  Speaker 3: associations include the Chicago Bar Association, the American Bar Association,
• 15:54
  Speaker 3: and the Black Woman Lawyers Association of Greater Chicago, where
• 15:57
  Speaker 3: she was.
• 15:57
  Speaker 1: A former member of the board of directors.
• 16:01
  Speaker 3: When she goes to Chicago lawyer's gatherings, the angry partisan
• 16:09
  Speaker 3: Democrats will cheer her voter suppression because they have convinced
• 16:16
  Speaker 3: themselves that number one, the judiciary is just a means
• 16:21
  Speaker 3: of imposing their policy and exercising power. But number two,
• 16:27
  Speaker 3: they've convinced themselves that Donald Trump is the devil, and
• 16:30
  Speaker 3: so everything, everything, everything is justifying, fighting justified, fighting back. Fortunately,
• 16:36
  Speaker 3: at least we still have some modicum of the rule
• 16:39
  Speaker 3: of law in America.
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• 19:00
  Speaker 2: or some people may not exactly know what ESG stands for,
• 19:04
  Speaker 2: but it is a radical agenda that was put together
• 19:09
  Speaker 2: by a lot of companies that said, we're going to
• 19:12
  Speaker 2: change the way that we do things in the name
• 19:15
  Speaker 2: of basically climate and how we invest in the name
• 19:19
  Speaker 2: of climate. Blackrock is a is a multi billion dollar
• 19:24
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• 19:29
  Speaker 2: was which ESG, has not just been a little failure.
• 19:33
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• 19:36
  Speaker 2: insane amounts of money.
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  Speaker 4: And they're not the only ones.
• 19:39
  Speaker 1: Well, that's exactly right.
• 19:41
  Speaker 3: And let me say this is a topic that I
• 19:44
  Speaker 3: discussed at great length in my latest book. My latest
• 19:47
  Speaker 3: book is as longtime Verdict listeners will know, is called Unwoke,
• 19:52
  Speaker 3: How to Defeat Cultural Marxism in America. And if you
• 19:56
  Speaker 3: haven't read the book, i'd encourage you go online and
• 19:58
  Speaker 3: buy the book because there's a entire chapter on on
• 20:02
  Speaker 3: how big business went woke. And and you know, if
• 20:05
  Speaker 3: you wake up and wonder what the hell happened that
• 20:09
  Speaker 3: bud Light has suddenly decided it hates its customers. What
• 20:13
  Speaker 3: the hell happened that that that that target stores are
• 20:16
  Speaker 3: are trying to advertise to two year old's tuck friendly
• 20:20
  Speaker 3: baby bathing suits. What the hell happened that Disney thinks
• 20:24
  Speaker 3: that princesses should have mustaches?
• 20:26
  Speaker 1: Well, all of.
• 20:27
  Speaker 3: These are are interrelated and and and they are in
• 20:30
  Speaker 3: significant part driven by.
• 20:32
  Speaker 1: The ESG movement. The ESG movement is.
• 20:35
  Speaker 3: Environmental, social and governance And and it was a bunch
• 20:39
  Speaker 3: of left wing activists that decided to use money to
• 20:43
  Speaker 3: enforce their left wing objective. We just talked about left
• 20:47
  Speaker 3: wing activists on the courts using the courts to enforce
• 20:50
  Speaker 3: their objective. What the book on Woke talks about is
• 20:53
  Speaker 3: how the left is seized every major institution of our
• 20:56
  Speaker 3: society and is using them to force a culture Marxist
• 21:01
  Speaker 3: agenda when it comes to ESG. Blackrock is the most
• 21:05
  Speaker 3: important player in the world. Now, who is Blackrock? You know,
• 21:08
  Speaker 3: most people, if you're living your life, you may not
• 21:10
  Speaker 3: know who Blackrock is. Or or at least you may
• 21:13
  Speaker 3: have some general sense there's some big company, but you
• 21:15
  Speaker 3: may not know exactly what they do. Blackrock is the
• 21:19
  Speaker 3: world's largest asset manager. Blackrock has ten trillion dollars in
• 21:27
  Speaker 3: assets under management. Ten trillion. It's interesting you said they're
• 21:31
  Speaker 3: a multi billion dollar company. Actually, no, they're not trillions.
• 21:35
  Speaker 3: And to put that in perspective, ten trillion dollars that
• 21:39
  Speaker 3: is nearly a third of the entire US national debt.
• 21:44
  Speaker 3: That is a crap ton of money, and crap ton
• 21:48
  Speaker 3: is a technical term used with investment. By the way,
• 21:52
  Speaker 3: Blackrock is part of what is called the Big Three
• 21:56
  Speaker 3: of the index fund managers. The other two are the
• 21:59
  Speaker 3: Vanguard Group and State Street. And in the book Unwoke,
• 22:02
  Speaker 3: I talk about all three because with the trillions of
• 22:06
  Speaker 3: dollars they control, they have begun voting their shares, so
• 22:11
  Speaker 3: they invest in companies. And let's say, you know, Ben,
• 22:14
  Speaker 3: do you on any mutual funds? I dare yes, Yeah,
• 22:17
  Speaker 3: so do I most most people do. Many people own
• 22:19
  Speaker 3: mutual funds. Well, if you buy a mutual fund, what
• 22:21
  Speaker 3: what black Rock and State Street, Vanguard has started doing
• 22:25
  Speaker 3: is they put these mutual funds together. The mutual fund
• 22:29
  Speaker 3: then goes and buys a ton of shares and all
• 22:31
  Speaker 3: sorts of companies, and they've decided that they are voting
• 22:37
  Speaker 3: essentially your shares in support of their politics. It used
• 22:41
  Speaker 3: to be that mutual funds didn't vote on political issues.
• 22:45
  Speaker 3: And these, these these giant index funds, said, wait a second,
• 22:48
  Speaker 3: we are the biggest stockholders in virtually every major American company.
• 22:54
  Speaker 3: If we vote as radical leftists, the companies will have
• 22:57
  Speaker 3: to obey us. Now, the leader of all of this
• 23:00
  Speaker 3: is a guy named Larry Fink. Larry Fink is the
• 23:02
  Speaker 3: CEO of Blackrock, and he's been driving this and just
• 23:05
  Speaker 3: a few years ago he proudly would would preen about
• 23:10
  Speaker 3: ESG and how he was going to force the world
• 23:12
  Speaker 3: to change. Well, just recently, Blackrock had a filing with
• 23:18
  Speaker 3: the SEC. The Security is in Exchange Commission and Blackrocks filing.
• 23:22
  Speaker 3: This is reminiscent. We did a podcast several months ago
• 23:25
  Speaker 3: about how Disney had a filing at the SEC where
• 23:29
  Speaker 3: Disney acknowledged to shareholders our radical politics are costing us
• 23:37
  Speaker 3: billions of dollars. And Disney's disclosure said, our political agenda
• 23:42
  Speaker 3: is out of step with our customers. It is causing
• 23:45
  Speaker 3: our customers not to want to buy our product, and
• 23:47
  Speaker 3: we are losing a ton of money. And we did
• 23:50
  Speaker 3: a whole podcast talking about what a remarkable disclaimer to
• 23:54
  Speaker 3: the shareholders. Hey, hey, shareholder, we don't give a damn
• 23:56
  Speaker 3: about shareholder value. Our politics is all we care about,
• 23:59
  Speaker 3: and so we're losing you money. Well, what's interesting Blackrock
• 24:03
  Speaker 3: just did essentially the same thing.
• 24:05
  Speaker 1: Let me quote from what.
• 24:06
  Speaker 3: Blackrock filed at the SEC. Quote, Blackrock faces increasing focus
• 24:11
  Speaker 3: from regulators, officials, clients, and other stakeholders regarding ESG matters,
• 24:20
  Speaker 3: and the company said in its filing that it is
• 24:23
  Speaker 3: quote subject to competing demands from different stakeholder groups with
• 24:30
  Speaker 3: divergent views on ESG related matters, including in countries in
• 24:35
  Speaker 3: which Blackrock operates and invests, as well as in states
• 24:39
  Speaker 3: and localities where Blackrock serves public sector clients. This is
• 24:45
  Speaker 3: a big, big deal.
• 24:49
  Speaker 4: When you talk about this activism.
• 24:51
  Speaker 2: You're supposed to have a I guess a fiduciary duty
• 24:54
  Speaker 2: to your shareholders right to do what's best for them.
• 24:59
  Speaker 2: It seems like this and outside the scope of that
• 25:01
  Speaker 2: as well, which is part of the controversy that you're
• 25:03
  Speaker 2: based saying, Hey, I may not be doing what's best
• 25:05
  Speaker 2: to protect your money. I'm pushing an agenda here that
• 25:09
  Speaker 2: is not how it's supposed to work when you're investing.
• 25:13
  Speaker 3: Well, that's right, and it's interesting their reference to other stakeholders. Look,
• 25:17
  Speaker 3: look that the stakeholder is supposed to be the shareholder,
• 25:20
  Speaker 3: and you're supposed to have an obligation under the law
• 25:23
  Speaker 3: to maximize shareholder value. And the other stakeholders. What they
• 25:28
  Speaker 3: mean is, oh, are political objectives that that we're going
• 25:31
  Speaker 3: to violate the law. We're going to violate our fiduciary
• 25:34
  Speaker 3: duty and and and listen, all right, so so listen
• 25:37
  Speaker 3: to this clip. This is Blackrock CEO Larry Fink, where
• 25:41
  Speaker 3: he says that ESG, he admits ESG is driving energy
• 25:46
  Speaker 3: prices higher, and he says that's actually a good thing
• 25:48
  Speaker 3: because it it shrinks the quote green premium. Here, give
• 25:52
  Speaker 3: a listen.
• 25:53
  Speaker 5: Because of the rising energy prices, we are certainly seeing
• 25:56
  Speaker 5: the green premium shrink quite considerably. And so the amount
• 26:01
  Speaker 5: of investment dollars that are going into new decarbonization technology
• 26:05
  Speaker 5: is accelerating and accelerating very rapidly.
• 26:08
  Speaker 3: So he's quite happy. When you fill up your tank
• 26:13
  Speaker 3: and it pisss you off that it's one hundred bucks
• 26:17
  Speaker 3: to fill up your truck or your minivan.
• 26:19
  Speaker 1: You know what Blackrock.
• 26:22
  Speaker 3: You may not know Larry Fink's name, but he played
• 26:25
  Speaker 3: a pivotal role in it. And listen here again in
• 26:28
  Speaker 3: twenty twenty two where he says esg is all about
• 26:32
  Speaker 3: enabling him to quote force behaviors, give a listen.
• 26:37
  Speaker 5: Well, behaviors are going to have to change, and this
• 26:39
  Speaker 5: is one thing we're asking companies.
• 26:42
  Speaker 4: You have to force behaviors.
• 26:44
  Speaker 5: And at Blackrock we are forcing behaviors.
• 26:47
  Speaker 2: I mean we are forcing behaviors. This is the mentality
• 26:50
  Speaker 2: of we're too big to fail. We have so much
• 26:53
  Speaker 2: money we can dictate and you're just lucky that you
• 26:56
  Speaker 2: have your cash basically with Blackrock.
• 26:59
  Speaker 4: So therefore we got to do these things.
• 27:01
  Speaker 3: And understand, these bastards are flying giant, giant private jets.
• 27:05
  Speaker 3: Larry Fink's carbon footprint is larger than a small town
• 27:10
  Speaker 3: in whatever state you live in. Like this is there's
• 27:14
  Speaker 3: an arrogance. This is like John Kerry who flies private
• 27:17
  Speaker 3: jets all over the place while trying to shut down
• 27:20
  Speaker 3: your ability to get in your suv. The utter hypocrites
• 27:25
  Speaker 3: as they live in their gilded castles, and they say,
• 27:28
  Speaker 3: we are going to force behaviors from the little people
• 27:31
  Speaker 3: with the beauty of it is. It's now coming to
• 27:34
  Speaker 3: bite them. And this is what I discussed in the
• 27:37
  Speaker 3: book Unwoke, because the book is all about strategies to
• 27:40
  Speaker 3: fight back, and I talk about in Texas. So in
• 27:45
  Speaker 3: Texas there was a bill called Senate Bill thirteen and
• 27:49
  Speaker 3: Senate Bill thirteen. Look, I usually stay out of fights
• 27:52
  Speaker 3: in the Texas state legislature. I mean, lord knows, I
• 27:54
  Speaker 3: have enough fights in Washington, D C. With Chuck Schumer
• 27:57
  Speaker 3: and Joe Biden fat and so what happens in Austin, I.
• 28:01
  Speaker 1: Usually leave that to the state legislators.
• 28:04
  Speaker 2: It's like Vega's for you. What happens in Austin stays
• 28:06
  Speaker 2: in Austin.
• 28:07
  Speaker 1: There you go.
• 28:07
  Speaker 3: Now, there have been really two significant exceptions. One has
• 28:12
  Speaker 3: been school choice, and I get very involved in school choice,
• 28:15
  Speaker 3: and we've got an historic opportunity in school choice. And
• 28:18
  Speaker 3: by the way, I will say, if you are running
• 28:20
  Speaker 3: in the state of if you're a Texas voter, get
• 28:22
  Speaker 3: out and vote in the primaries. Election day is tomorrow,
• 28:26
  Speaker 3: Super Tuesday. Get out and vote in the primaries. In
• 28:29
  Speaker 3: particular in the state legislature. I've endorsed a whole bunch
• 28:33
  Speaker 3: of state legislative candidates who are pro school choice because
• 28:37
  Speaker 3: we have a bunch of Republicans who skilled killed school
• 28:39
  Speaker 3: choice in the legislature, and so we need to elect
• 28:43
  Speaker 3: Republicans that actually will do what the voters want and
• 28:48
  Speaker 3: do what's right. But that's one example. The second example
• 28:53
  Speaker 3: concerns ESG and woke big business, and Senate Bill thirteen
• 28:58
  Speaker 3: was a very simple bill. It said, if you boycott
• 29:01
  Speaker 3: oil and gas, Texas will boycott you. And listen, oil
• 29:07
  Speaker 3: and gas produces millions of jobs in the state of Texas.
• 29:11
  Speaker 3: It produces enormous amounts of revenue and benefits for Texas.
• 29:15
  Speaker 3: And these woke Wall Street firms have been boycotting oil
• 29:19
  Speaker 3: and gas and imposing massive costs on oil and gas
• 29:22
  Speaker 3: production and by the way, benefiting Russia and Iran and
• 29:25
  Speaker 3: Venezuela and our enemies in the process, and ironically hurting
• 29:30
  Speaker 3: the environment in the process. But their woke politics cannot
• 29:36
  Speaker 3: Facts and data and reason cannot interfere with their woke politics.
• 29:40
  Speaker 3: And what Senate Bill thirteen said is okay. If a
• 29:44
  Speaker 3: company is boycotting oil and gas, the state of Texas
• 29:47
  Speaker 3: will not invest in you know, Texas has massive amounts
• 29:50
  Speaker 3: of cash that we invest We have pension funds, we
• 29:53
  Speaker 3: have endowments, massive university endowments. And so what I did
• 29:57
  Speaker 3: with Senate Bill thirteen, I called the Senate sponsor, I
• 29:59
  Speaker 3: call the House sponsor, and I said, listen, how can
• 30:02
  Speaker 3: I help? What can I do to get this to pass?
• 30:04
  Speaker 3: I wrote an op ed urging every state legislator to
• 30:08
  Speaker 3: vote for Senate Bill thirteen, and then I sent that
• 30:10
  Speaker 3: op ed to every single member of the state House
• 30:13
  Speaker 3: and every single member of the state Senate.
• 30:15
  Speaker 1: It passed. Well.
• 30:16
  Speaker 3: Senate Bill thirteen has had an enormous impact, and you
• 30:20
  Speaker 3: were seeing the consequences of it. And by the way,
• 30:24
  Speaker 3: Texas also passed another bill that said, if you attack
• 30:27
  Speaker 3: the Second Amendment, Texas will not invest in you. If
• 30:30
  Speaker 3: you try to take away the constitutional rights of Texans,
• 30:33
  Speaker 3: We're not putting our money with you. And that has
• 30:34
  Speaker 3: had enormous impact as well. But what I urged in
• 30:39
  Speaker 3: the book Unwoke is other red states to do the
• 30:44
  Speaker 3: same thing. Use our leverage, to make it expensive, to
• 30:49
  Speaker 3: make it hurt, to give power to the phrase, go woke,
• 30:52
  Speaker 3: go broke, and in particular black Rocket. It's filing. It complains,
• 30:59
  Speaker 3: quote some US states and state officials have adopted or
• 31:03
  Speaker 3: proposed legislation or otherwise have taken official positions restricting or
• 31:08
  Speaker 3: prohibiting state government entities from doing certain business with entities
• 31:13
  Speaker 3: identified by the state as quote boycotting or quote discriminating
• 31:17
  Speaker 3: against particular industries or considering ESG in their investment processes
• 31:23
  Speaker 3: and proxy votings. And it goes on to say soon,
• 31:27
  Speaker 3: quote other states and localities may adopt similar legislation or
• 31:31
  Speaker 3: other ESG related laws and positions that adversely impact BlackRock's business.
• 31:38
  Speaker 3: This is what winning looks like.
• 31:41
  Speaker 1: This is.
• 31:43
  Speaker 3: This is and in fact, let me read a little
• 31:45
  Speaker 3: bit more from the filing. And this is an official
• 31:47
  Speaker 3: SEC filing from Blackrock, and it says the divergence between
• 31:54
  Speaker 3: their politics and the financial interests of their shareholders.
• 31:58
  Speaker 1: Here's what it says.
• 31:59
  Speaker 3: Quote divergence has and continues to increase the risk that
• 32:04
  Speaker 3: any perceived or actual action or lack thereof by Blackrock
• 32:09
  Speaker 3: on such matters on behalf of its clients will be
• 32:13
  Speaker 3: viewed differently by various stakeholders and adversely impact BlackRock's reputation
• 32:19
  Speaker 3: and business, including through withdrawals, redemptions, terminations or decisions not
• 32:26
  Speaker 3: to commit or invest new capital by clients, as well
• 32:30
  Speaker 3: as legal and governmental action and scrutiny.
• 32:35
  Speaker 2: That's incredible and welcome to what happens when the WOTE
• 32:39
  Speaker 2: gets in charge and they try to dictate to all
• 32:41
  Speaker 2: of us exactly what's going to happen. Let me tell
• 32:43
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• 32:45
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• 34:19
  Speaker 4: Senator.
• 34:19
  Speaker 2: Finally, I want to mention real quick, there's an impeachment
• 34:22
  Speaker 2: inquiry that's happening of the President of the United States of America,
• 34:25
  Speaker 2: Joe Biden. The media is acting like it's not happening
• 34:29
  Speaker 2: at all. Most people that listening to the show. If
• 34:31
  Speaker 2: you're not listening to this show, you may not even
• 34:33
  Speaker 2: know this is even happening. There was really some shocking
• 34:38
  Speaker 2: testimony that happened last week in the House and info
• 34:43
  Speaker 2: that was coming out from people that were having to
• 34:45
  Speaker 2: sit in front of this committee, including the president's son,
• 34:50
  Speaker 2: Hunter Biden. He had some admissions, and the media refused
• 34:53
  Speaker 2: to touch his story altogether. You wouldn't even know what
• 34:56
  Speaker 2: was happening if you watched the nightly news.
• 34:58
  Speaker 3: Well, that's exactly right. So Joe Biden in the twenty
• 35:01
  Speaker 3: twenty presidential election, he insisted Hunter had not made money
• 35:06
  Speaker 3: from China. Well, Hunter has now admitted that was a lie.
• 35:11
  Speaker 3: Now he tried hard not to, but he admitted it anyway.
• 35:14
  Speaker 3: And so deposition testimony was released, and let me read
• 35:17
  Speaker 3: some of it. Question, your father went while he was
• 35:21
  Speaker 3: running for president, said his family never received any money
• 35:24
  Speaker 3: from China. Your father answer yes, has also said answer,
• 35:28
  Speaker 3: you're right, he's never received He's never interacted with any
• 35:33
  Speaker 3: of your business associates.
• 35:35
  Speaker 1: Is that correct? Yes, But if you.
• 35:38
  Speaker 3: Introduced him to Yi Jaming, that would be untrue. No,
• 35:43
  Speaker 3: that is not untrue. I'm telling you this. The question
• 35:46
  Speaker 3: being asked that you're stating is that my father said
• 35:50
  Speaker 3: that I never received any money from China, the government
• 35:53
  Speaker 3: of China, unlike Jerry Kushner, I've never received any money
• 35:57
  Speaker 3: from a foreign government.
• 35:58
  Speaker 1: He question.
• 36:00
  Speaker 3: He didn't say government of China, by the way, he
• 36:03
  Speaker 3: said China from China. Well, so understand, okay, this is
• 36:08
  Speaker 3: the sleight of hand he's trying to do. He's claiming, now, well,
• 36:15
  Speaker 3: he didn't get money technically from the government of China.
• 36:18
  Speaker 3: It wasn't signed government of China. But here's what he did.
• 36:23
  Speaker 3: Here's what he did admit. He shifted it to well, yeah,
• 36:25
  Speaker 3: of course I got money from China. It was just
• 36:27
  Speaker 3: a Chinese company controlled by the Chinese government and funded
• 36:31
  Speaker 3: by the Chinese government. But what from the government of China.
• 36:33
  Speaker 3: It was from a Chinese company. And here's so the
• 36:36
  Speaker 3: questioning continued, how many millions have you received from Chinese companies?
• 36:44
  Speaker 3: Because he admitted, and this is the bombshell, admissions, I
• 36:46
  Speaker 3: have received money from a Chinese company. How many millions
• 36:50
  Speaker 3: have you received? And he said, well, he didn't know
• 36:53
  Speaker 3: the exact amount, but let me read this exchange quote.
• 36:57
  Speaker 3: Did you receive money from China or not? Answer quote,
• 37:03
  Speaker 3: I received money from a Chinese company. Question how many
• 37:09
  Speaker 3: millions have you received from Chinese companies?
• 37:13
  Speaker 1: Answer?
• 37:14
  Speaker 3: I don't know the exact amount, but I know that
• 37:17
  Speaker 3: it was all completely legal and it was incredibly ethical.
• 37:21
  Speaker 1: This lie, right?
• 37:22
  Speaker 4: I mean, I'm sorry.
• 37:23
  Speaker 2: I'm taken it back by the quote because it's just
• 37:25
  Speaker 2: so funny.
• 37:26
  Speaker 4: It was it was. I never did it, I never
• 37:28
  Speaker 4: did never did well.
• 37:29
  Speaker 2: I did it, but it was all legal and ethical
• 37:31
  Speaker 2: and everything was fine. So stop asking questions. How dare
• 37:35
  Speaker 2: you act like we did anything wrong?
• 37:37
  Speaker 3: Incredibly ethical? And this is a guy who photographs himself
• 37:40
  Speaker 3: smoking crack while while being with multiple prostitutes, and who's
• 37:44
  Speaker 3: made tens of millions of dollars selling favors from his
• 37:48
  Speaker 3: father who was abusing a position of public trust. But understand,
• 37:53
  Speaker 3: I received money from a Chinese company. This is an admission.
• 37:58
  Speaker 3: And I want us to play what Joe Biden's I
• 38:00
  Speaker 3: want because you need to hear how this is directly
• 38:04
  Speaker 3: contrary to what Joe Biden said.
• 38:06
  Speaker 5: My son has not made money in terms of this
• 38:09
  Speaker 5: thing about what are you talking about China?
• 38:12
  Speaker 4: I love that this thing about what about this thing?
• 38:15
  Speaker 4: Oh yeah, China.
• 38:16
  Speaker 2: Like, I mean, what a brilliant move by him during
• 38:18
  Speaker 2: the president of debates back then, where it's.
• 38:20
  Speaker 4: Like, China, I don't even know what you're talking about.
• 38:23
  Speaker 4: It's absurd.
• 38:24
  Speaker 1: Look, it's a flat out lie.
• 38:27
  Speaker 3: My son has not made money from what is it
• 38:30
  Speaker 3: this thing you're talking about China.
• 38:31
  Speaker 1: That's what he said.
• 38:32
  Speaker 3: Now here's what Hunter said under oath quote I received
• 38:36
  Speaker 3: money from a Chinese company. Those two statements are categorically inconsistent.
• 38:43
  Speaker 3: Joe Biden lied, and he lied in the presidential debate
• 38:47
  Speaker 3: with Donald Trump, and he lied about the corruption of
• 38:50
  Speaker 3: his son. That's what the testimony is. And by the way,
• 38:53
  Speaker 3: did you see that in the six o'clock news this week?
• 38:56
  Speaker 4: Nope?
• 38:57
  Speaker 1: Wonder why?
• 38:58
  Speaker 4: Yeah?
• 38:59
  Speaker 2: Well, and there's also so you and I predicted this
• 39:02
  Speaker 2: months and months and months ago. Your favorite WhatsApp text ever,
• 39:07
  Speaker 2: which is, you know, the shakedown with his dad sitting
• 39:09
  Speaker 2: next to him. He was asked about that, and I
• 39:12
  Speaker 2: have to go back to it because it just it's hysterical.
• 39:15
  Speaker 4: He says.
• 39:16
  Speaker 2: I sent the text, but I was drunk or high
• 39:20
  Speaker 2: when I sent it. My dad wasn't there, which is
• 39:24
  Speaker 2: exactly the amblibi. We said they were going to use right. Oh,
• 39:27
  Speaker 2: he was a drunk kid. He was a high kid.
• 39:29
  Speaker 2: They treated him, Mike, He's a kid, not a grown
• 39:31
  Speaker 2: adult in his fifties, you know, now, No, this is
• 39:34
  Speaker 2: just an addict who was who was desperate for cash
• 39:37
  Speaker 2: and didn't know what he was doing work. He got
• 39:39
  Speaker 2: the cash, He got the cash, and he's like, oh,
• 39:41
  Speaker 2: my dad went there. Let's just remind people we could
• 39:45
  Speaker 2: have found out for a fact using GPS.
• 39:48
  Speaker 1: Data and we still can't get it.
• 39:50
  Speaker 2: We still can't, okay, So so explain for everybody how
• 39:53
  Speaker 2: we could still find that, why and who's blocking it
• 39:56
  Speaker 2: from us? Knowing for the GPS data if Daddy was
• 39:59
  Speaker 2: in fact sitting next to his son.
• 40:00
  Speaker 3: So listen, it's not complicated. We know the exact date
• 40:04
  Speaker 3: and time that WhatsApp text was sent, and the investigators,
• 40:11
  Speaker 3: the investigators wanted to subpoena the GPS data on Hunter's
• 40:16
  Speaker 3: phone and Joe's phone, and if they were both in
• 40:20
  Speaker 3: the same location, then it would turn out Hunter was
• 40:22
  Speaker 3: telling the truth that Daddy was sitting there, and the
• 40:25
  Speaker 3: irs whistleblowers blocked that said, no, you cannot subpoena the
• 40:30
  Speaker 3: GPS location because it would prove that Daddy was there.
• 40:36
  Speaker 3: And their objective, the Biden Justice departments objective from day one,
• 40:40
  Speaker 3: has been to protect Joe Biden. Look, look, I'll give
• 40:44
  Speaker 3: you another example. So Jim Biden provided testimony about Hunter
• 40:50
  Speaker 3: Biden and had an undisclosed meeting with a corrupt Chinese
• 40:54
  Speaker 3: businessman whom Hunter has called and this is Hunter's language
• 40:58
  Speaker 3: quote the thing spy chief of China.
• 41:02
  Speaker 4: Yeah he did.
• 41:03
  Speaker 3: He didn't abbreviate effing. But and this in particular was
• 41:09
  Speaker 3: a meeting that occurred in September twenty seventeen with Patrick Hoe.
• 41:14
  Speaker 3: Patrick Hoe was an executive with Chinese Energy conglomerate CEFC.
• 41:19
  Speaker 3: And by the way, CFC China Energy, paid Hunter and
• 41:22
  Speaker 3: Jim Biden five million dollars. So this wasn't a small amount.
• 41:28
  Speaker 3: Remember Joe Biden saying said Hunter didn't get money from
• 41:31
  Speaker 3: that China thing except for that five million dollars. But
• 41:36
  Speaker 3: they had a meeting. According to Jim Biden, he and
• 41:38
  Speaker 3: Hunter Biden had a quote pleasant lunch in Hong Kong
• 41:41
  Speaker 3: with Hoe, and at the end of the meeting, Hoe
• 41:45
  Speaker 3: asked to meet alone with Hunter Biden. And here's the
• 41:48
  Speaker 3: quote from Jim Biden's deposition. Quote, Hoe said, can I
• 41:53
  Speaker 3: borrow Hunter for you know, a half hour, We're going
• 41:57
  Speaker 3: to go in the next room, And Jim Biden said, well,
• 42:01
  Speaker 3: he didn't know what they discussed in the next room.
• 42:03
  Speaker 3: This is a man that he had a half hour
• 42:06
  Speaker 3: private meeting with a man whom Hunter is described as
• 42:09
  Speaker 3: the effing spy chief of China. And by the way,
• 42:13
  Speaker 3: just two months after Hunter Biden gets pulled aside for
• 42:17
  Speaker 3: this secret half hour meeting, you know what happened. Two
• 42:20
  Speaker 3: months later, federal prosecutors in New York indicted Hoe on
• 42:26
  Speaker 3: charges that he offered bribes to African officials to obtain
• 42:29
  Speaker 3: oil rights for CFC China Energy during a meeting at
• 42:34
  Speaker 3: the UN General Assembly in twenty fourteen. So this is
• 42:38
  Speaker 3: a guy who a couple months later gets indicted for
• 42:41
  Speaker 3: bribing public officials and he wants to have a private
• 42:47
  Speaker 3: meeting with Hunter Biden, and he does have a private
• 42:51
  Speaker 3: meeting with Hunter Biden. We know also that CFC China
• 42:55
  Speaker 3: Energy paid Hunter Biden a one million dollars to represent
• 43:00
  Speaker 3: even though there's no evidence Hunter Biden did any sort
• 43:03
  Speaker 3: of legal work on any of the cases. And you know,
• 43:07
  Speaker 3: one of the things also that that Hoe did is
• 43:10
  Speaker 3: he gave Hunter Biden a diamond ring, because you know, yeah,
• 43:17
  Speaker 3: that's what the spy chief of China should do, is
• 43:20
  Speaker 3: give the son of the Vice president and now the
• 43:22
  Speaker 3: son of the president a diamond ring.
• 43:25
  Speaker 1: You know.
• 43:25
  Speaker 3: Just but remember remember Joe Biden said told the American
• 43:29
  Speaker 3: people that that Hunter hadn't gotten anything from what is
• 43:32
  Speaker 3: that thing, that China thing.
• 43:34
  Speaker 4: Yeah, that's a great point.
• 43:35
  Speaker 2: It's gonna be one heck of a week here on verdict,
• 43:38
  Speaker 2: especially with a Supreme Court ruling we're expecting to come down.
• 43:41
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• 43:49
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• 43:55
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