Latest / The Ben Ferguson Podcast / Comrade Kamala Proposes She Be in Charge of Price Fixing for Food plus Open Borders Attract Terrorists & Endanger Children
Transcript
- 0:01Speaker 1: Welcome.
- 0:01Speaker 2: It is verdict with Senator Ted Cruz Ben Ferguson with you, Senator,
- 0:06Speaker 2: It's like one in the morning, and I can't believe
- 0:09Speaker 2: I'm actually saying this to you, But is it fair
- 0:13Speaker 2: to say that Kamala Harris is stealing campaign ideas from
- 0:17Speaker 2: socialists and communists, you know, people like Stalin and I
- 0:21Speaker 2: don't know Maduro with her new plan on food prices.
- 0:26Speaker 3: Well, we're twenty five days in to Kamala Harris being
- 0:29Speaker 3: the presumptive Democrat nominee. For twenty three of the days,
- 0:33Speaker 3: she had a total of zero policy proposals.
- 0:36Speaker 1: Her website still.
- 0:37Speaker 3: Has no policy positions listed on it. Then, twenty four
- 0:41Speaker 3: days into it, she discovered her first policy proposal and
- 0:44Speaker 3: it was a good one. It was no taxes on tips,
- 0:47Speaker 3: something Donald Trump proposed, something that I introduced and authored
- 0:52Speaker 3: the legislation.
- 0:52Speaker 1: And so that was a good sign.
- 0:54Speaker 3: She had found one position that she liked and it
- 0:57Speaker 3: was actually a tax cutting position. Well, that moment, that
- 1:01Speaker 3: moment of clarity lasted about twenty four hours. She's now
- 1:05Speaker 3: come out with her second policy position. And mind you,
- 1:08Speaker 3: this is the second out of two, because in twenty
- 1:11Speaker 3: five days she has not had any other policy positions whatsoever. Unfortunately,
- 1:17Speaker 3: position number two was not nearly as good as position
- 1:20Speaker 3: number one. Position number two is she Queen Kamala the
- 1:26Speaker 3: federal government czar is going to set prices, well, not
- 1:31Speaker 3: on anything that matters, just food, just groceries, just what
- 1:36Speaker 3: you feed your children and your family. That the federal
- 1:39Speaker 3: government is now going to be in the business that
- 1:41Speaker 3: the Soviet Union, their government was in for a long time,
- 1:45Speaker 3: deciding the prices of goods that people need and want.
- 1:49Speaker 3: The only problem is history has shown that is absolutely disastrous.
- 1:53Speaker 3: We're gonna break that down, We're gonna explain it to you.
- 1:56Speaker 3: And then secondly, Kamala Harris desperately, desperately won want you
- 2:00Speaker 3: to forget that. She has been the borders are for
- 2:02Speaker 3: four years. There's a reason for that. The border is
- 2:06Speaker 3: the single greatest disaster under Joe Biden and her administration.
- 2:11Speaker 3: Just this week, we've seen a potential terrorist, a Palestinian, apprehended.
- 2:17Speaker 3: We've also seen a criminal, a mass murderer, who had
- 2:22Speaker 3: been apprehended at the border. These are inconvenient facts, as
- 2:25Speaker 3: of the facts that she and Joe Biden have lost
- 2:29Speaker 3: over eighty thousand illegal immigrant children they've just lost them.
- 2:33Speaker 3: They handed them over to adults. They didn't vet, they
- 2:36Speaker 3: don't know who they are. They don't know if the
- 2:37Speaker 3: adults are abusing the kids. They don't know if the
- 2:39Speaker 3: adults are putting the kids in slave labor, they don't
- 2:41Speaker 3: know if the adults are engaging in sexual abuse of
- 2:44Speaker 3: the kids. They've just lost them. Because it's all politics
- 2:47Speaker 3: and if children have to suffer, well, they're willing to
- 2:50Speaker 3: accept that price. We're gonna explain that as well.
- 2:52Speaker 2: I want to remind you about what's going on in Israel.
- 2:56Speaker 2: The people in Israel right now still very much desperately
- 2:59Speaker 2: need your help. They are absolutely under attack, this time
- 3:04Speaker 2: with a massive rocket attack that just came in from Hesbla.
- 3:07Speaker 2: Since October the seventh, attacks on Israel have increased, with
- 3:10Speaker 2: a Ran and its proxies launching attack after attack, hundreds
- 3:14Speaker 2: and hundreds of drones and missiles. Israel and the Israeli
- 3:19Speaker 2: people are living with the harsh reality of terror every day,
- 3:22Speaker 2: and the need right now is bomb shelters. The International
- 3:25Speaker 2: Fellowship of Christians and Jews is on the ground right
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- 4:35Speaker 2: with the people in Israel Center. When this came out,
- 4:40Speaker 2: I was actually kind of laughing, and then I realized
- 4:44Speaker 2: how close we are to turning into a Soviet style
- 4:50Speaker 2: food market, grocery stores. And if you go back and
- 4:53Speaker 2: look what Soviet style markets look like, they didn't actually
- 4:57Speaker 2: even have shelving in the majority of them.
- 4:59Speaker 1: They had pallets and boxes.
- 5:02Speaker 2: And then you open the box and whatever they had
- 5:05Speaker 2: for you there that day is what you went home with.
- 5:09Speaker 2: You didn't go shopping, you went and found whatever they
- 5:12Speaker 2: brought you. There are lots of videos of this that
- 5:14Speaker 2: you can see online of just how bad it is
- 5:18Speaker 2: when the government takes over. But what Kamala Harris is
- 5:20Speaker 2: doing is she's trying to appease to voters, saying, Hey,
- 5:23Speaker 2: I'm going to put price controls on food. The issue
- 5:28Speaker 2: is and I want you to take a moment to
- 5:29Speaker 2: explain this to people. If the government does that and
- 5:33Speaker 2: the farmer's prices go up and the price of grain
- 5:37Speaker 2: or the price of fuel or the price of transportation,
- 5:39Speaker 2: they start losing money, they go under instantly, leaving no
- 5:44Speaker 2: one but the government to basically feed you.
- 5:48Speaker 3: Well, I want to break down a couple of pieces
- 5:50Speaker 3: of this. I want to break down the politics of it,
- 5:52Speaker 3: and then I want to break down the substance of it.
- 5:54Speaker 3: Let's start with the politics of it. Kamala Harris and
- 5:57Speaker 3: her team have been on a sugar high for twenty
- 6:00Speaker 3: five days. The press has been engaged in a relentless
- 6:04Speaker 3: campaign of lionization and canonization. They've been turning her into
- 6:07Speaker 3: Saint Kamala. But it has been utterly substance free her team.
- 6:12Speaker 3: They're not stupid. They understand as we get closer to
- 6:15Speaker 3: election day, people are actually going to care about substance.
- 6:19Speaker 3: The top two issues in the country, and this is
- 6:22Speaker 3: true in pretty much every single opinion poll that is done.
- 6:26Speaker 3: They are number one the chaos at the open border
- 6:29Speaker 3: eleven and a half million people crossing to this country illegally,
- 6:32Speaker 3: and number two jobs in the economy, and in particular
- 6:35Speaker 3: inflation and inflation is hurting people all across the country.
- 6:38Speaker 3: And it varies poll to poll whether illegal immigration is
- 6:42Speaker 3: one and economy inflation is two, or whether economy inflation
- 6:46Speaker 3: is one and illegal immigration is two, but those are
- 6:49Speaker 3: consistently one and two. They're both at about thirty percent,
- 6:52Speaker 3: by the way, in a typical poll in terms of
- 6:54Speaker 3: how many of the voters say this is my top concern,
- 6:57Speaker 3: so the two together are about sixty percent, and Kamala's
- 7:01Speaker 3: record on them, on both of them is terrible. Now
- 7:04Speaker 3: on the border, her strategy is simple. She's just trying
- 7:07Speaker 3: to gaslight the American people and claim she wasn't the
- 7:09Speaker 3: borders are, it's not her fault, pay no attention to
- 7:12Speaker 3: what's going on here. So it's just denial. Because she
- 7:14Speaker 3: has no other answer on inflation. This is her effort
- 7:18Speaker 3: to provide an answer. Now, I want to explain where
- 7:22Speaker 3: inflation comes from first, and then what's wrong with her
- 7:25Speaker 3: bogus political solution. What has caused the inflation of the
- 7:30Speaker 3: last four years, And it's been two things. Principally, Number one,
- 7:34Speaker 3: it has been the federal government spending trillions of dollars
- 7:40Speaker 3: we don't have, borrowing trillions of dollars we don't have
- 7:43Speaker 3: from foreign countries, including China, and printing trillions of dollars
- 7:47Speaker 3: we don't have. And this is where it's important to understand. Listen, Democrats,
- 7:53Speaker 3: unfortunately in Washington, are economically illiterate. That's a real problem
- 8:00Speaker 3: because one of the major jobs of serving in the
- 8:04Speaker 3: federal government is to understand the economy. My number one
- 8:07Speaker 3: priority in the Senate is jobs. You have to know
- 8:09Speaker 3: something about the economy to be able to fight for
- 8:12Speaker 3: jobs for thirty million Texans. Now, what is the role
- 8:16Speaker 3: of prices. And let's go back to first principles. All right,
- 8:19Speaker 3: if you go to ancient agrarian societies, maybe Ben, you
- 8:24Speaker 3: might be a fisherman and I might be a farmer.
- 8:28Speaker 3: And let's say I grow apples, and maybe it's the
- 8:32Speaker 3: case that initially exchanges were done by barter. So let's
- 8:38Speaker 3: say I wanted a fish, and you were a fisherman,
- 8:40Speaker 3: and I could come and I could give you three apples,
- 8:44Speaker 3: and you could give me a fish, and you and
- 8:46Speaker 3: I could agree. I guess I had a lot of apples.
- 8:48Speaker 3: Fish were harder to come by, they took more effort,
- 8:51Speaker 3: they took more labor, they took more capital. You needed
- 8:53Speaker 3: a boat to be able to get your fish. So
- 8:55Speaker 3: we would agree on a price of three apples for
- 8:58Speaker 3: one fish. And so that's how we set the relative
- 9:00Speaker 3: value of the two things we were producing. The problem
- 9:03Speaker 3: is it was really inconvenient to carry around apples in
- 9:07Speaker 3: your pocket all day long or fish in your pocket
- 9:09Speaker 3: all day long, aside from the fact that it kind
- 9:11Speaker 3: of stinks and they go rotten. And so what arose
- 9:16Speaker 3: is the growth of money. Now the value of money
- 9:20Speaker 3: is prices serve as a signaling effect. Now they serve
- 9:24Speaker 3: as a signaling effect. Number one, the relative value of
- 9:27Speaker 3: goods and services visa each other. They also have a
- 9:31Speaker 3: different signaling effect, which I'll discuss in a minute, but
- 9:34Speaker 3: let's just focus on the relative value. So if we
- 9:37Speaker 3: come up with let's say a dollar, that's going to
- 9:39Speaker 3: be our medium of currency. And if the ratio was
- 9:44Speaker 3: three apples to every fish, it would be very simple.
- 9:47Speaker 3: We would agree that the price of a fish is
- 9:50Speaker 3: three dollars and the price of an apple is one dollar.
- 9:53Speaker 3: Now that's that same ratio. It's the identical thing you
- 9:56Speaker 3: and I have agreed. That's the relative value of the two.
- 9:59Speaker 3: But the beauty of it is we could both carry dollars,
- 10:01Speaker 3: and we knew if I wanted a fish, I gave
- 10:03Speaker 3: you three bucks. If you wanted an apple, you gave
- 10:05Speaker 3: me a dollar. By the way, you didn't have to
- 10:07Speaker 3: give me a third of a fish, like giving me
- 10:08Speaker 3: the fish head is kind of lousy. You could just
- 10:10Speaker 3: give me a dollar and that was a third of
- 10:11Speaker 3: the value of the fish. So it was also divisible
- 10:14Speaker 3: to smaller units, and it enabled exchange and trade. Now,
- 10:19Speaker 3: to understand inflation at the very simplest level, let's the
- 10:23Speaker 3: entire purpose of money, or one of the central purposes
- 10:26Speaker 3: entires a bit much. But one of the central purposes
- 10:29Speaker 3: is providing a relative valuation of one good in service
- 10:33Speaker 3: versus another. In a simple hypothetical, let's assume we double
- 10:38Speaker 3: the number of dollars that exists in our land, our country,
- 10:42Speaker 3: wherever we're living.
- 10:43Speaker 1: Let's say there are.
- 10:44Speaker 3: A million dollars in circulation on day one, and then
- 10:47Speaker 3: on day two there are two million dollars. Now, if
- 10:51Speaker 3: you double the number of dollars in circulation, look, the
- 10:54Speaker 3: relative value of a fish to an apple didn't change.
- 10:58Speaker 3: You and I still agree a fish is worth three
- 11:01Speaker 3: times as much as an apple, Which means if there
- 11:04Speaker 3: are twice as many dollars, and the dollars are serving
- 11:07Speaker 3: a signaling function to let me know how valuable a
- 11:10Speaker 3: fish is compared to how valuable an apple is. It
- 11:13Speaker 3: means when you double the money supply and you go
- 11:15Speaker 3: from a million dollars in circulation to two million dollars
- 11:17Speaker 3: in circulation, you know what the price of a fish
- 11:20Speaker 3: is the next day six dollars. You know what the
- 11:23Speaker 3: price of an apple is two dollars. Why because the
- 11:26Speaker 3: ratio of six dollars to two dollars is still three
- 11:29Speaker 3: to one. And we also want to be able to
- 11:33Speaker 3: value the price of a fish and an apple, visa
- 11:37Speaker 3: viv a banana, visa v an F one to fifty
- 11:40Speaker 3: pickup truck, and so you need pricing gives relative values.
- 11:46Speaker 3: Why do we have inflation? There were two major drivers.
- 11:48Speaker 3: Number One, the Democrats spend a crap ton of money
- 11:52Speaker 3: they didn't have, and they grew the money supply. There
- 11:54Speaker 3: are a lot more dollars. If there are a lot
- 11:56Speaker 3: more dollars, the price of everything goes up. But secondly,
- 11:59Speaker 3: there is a second component of inflation, which is for
- 12:03Speaker 3: four years, Kamala Harris and Joe Biden have waged a
- 12:06Speaker 3: war on energy and in particular oil and gas. And
- 12:10Speaker 3: understand oil and gas. The United States is the world's
- 12:15Speaker 3: biggest producer of oil and gas. We are the world's
- 12:20Speaker 3: greatest superpower when it comes to oil and gas. This administration,
- 12:25Speaker 3: because they've given in to the Green New Deal lunatics,
- 12:28Speaker 3: and in fact not just give it in, they've embraced them,
- 12:30Speaker 3: and that's who they are. They have launched regulatory effort
- 12:35Speaker 3: after regulatory effort trying to hammer US oil and gas production.
- 12:39Speaker 3: The result has been the price of gasoline has risen,
- 12:43Speaker 3: the price of energy has risen. The price of oil
- 12:46Speaker 3: and gas across the board has risen. That is their
- 12:49Speaker 3: intended effect. Why because Kamala Harris and Joe Biden want
- 12:54Speaker 3: to make it really expensive when you fill up your
- 12:56Speaker 3: pickup truck, when you fill up your minivan, when you
- 12:59Speaker 3: fill up your suburban. They want it to be painful
- 13:02Speaker 3: because they want you to sell your suburban and go
- 13:05Speaker 3: buy a little electric vehicle. And they figure if they
- 13:08Speaker 3: make enough American families hurt, then you will change your
- 13:12Speaker 3: behavior and you will comply with their woke political demands.
- 13:16Speaker 3: Now that war on energy is a major, major driver
- 13:22Speaker 3: of inflation. Let's take food. So when it comes to food,
- 13:26Speaker 3: a big driver of the cost of food is the
- 13:28Speaker 3: cost of fertilizer, and fertilizer natural gas is a major
- 13:32Speaker 3: ingredient energy costs or a major ingredient in the cost
- 13:35Speaker 3: of fertilizer. And so by driving up the cost of energy,
- 13:38Speaker 3: they're driving up the cost of growing food. But not
- 13:41Speaker 3: just growing food. Look, if you want to plow your
- 13:44Speaker 3: field right now, a farmer uses a tractor. A tractor
- 13:47Speaker 3: runs on diesel. If the cost of diesel is a
- 13:50Speaker 3: lot more. It's a lot more expensive to plow your field.
- 13:52Speaker 3: Once you plow your field, you've got to harvest your field.
- 13:55Speaker 3: That again takes diesel. That becomes a lot more expensive.
- 13:58Speaker 3: Then after you harvest it, you've got to take it
- 14:00Speaker 3: to the wholesaler. The wholesaler has to take it ultimately
- 14:03Speaker 3: to the grocery store. Every one of those trucks runs
- 14:05Speaker 3: on diesel as well, and so by waging a war
- 14:08Speaker 3: on oil and gas, Kamala Harris is directly responsible for
- 14:12Speaker 3: causing a massive increase in the cost of food at
- 14:17Speaker 3: the grocery store. Now she's got a political problem. This thing,
- 14:22Speaker 3: which millions of Americans hate because it's hurting their families
- 14:25Speaker 3: is her fault. It is her fault because of bad
- 14:28Speaker 3: policies that she is championed day in and day out
- 14:31Speaker 3: for four years. She can't admit any of that. So instead,
- 14:34Speaker 3: what is their solution. The government will magically decree prices
- 14:40Speaker 3: will be lower. You must lower prices politically. This is
- 14:45Speaker 3: driven by a mandate to have some answer to inflation,
- 14:49Speaker 3: and she can't give the answer. I'm going to stop
- 14:52Speaker 3: my terrible policies that cause this inflation. So instead wave
- 14:56Speaker 3: a magic amount wand the government will fix it out.
- 15:01Speaker 3: In a minute, we'll get to the substance. But her
- 15:02Speaker 3: solution is an absolute train wreck. It is a disaster.
- 15:07Speaker 3: It would hurt the American people badly. But understand, she
- 15:11Speaker 3: doesn't know this far. Too few Democrats in Washington have
- 15:16Speaker 3: even a basic understanding of economics, and so their answer is,
- 15:20Speaker 3: we will just decree no longer will fish, and my
- 15:24Speaker 3: hypothetical will be three dollars. Now, mister Ferguson, you must
- 15:28Speaker 3: sell fish for a dollar because people like fish, and
- 15:33Speaker 3: three dollars is too much for a fish, so you
- 15:36Speaker 3: must sell fish for a dollar.
- 15:38Speaker 1: That is her answer.
- 15:40Speaker 3: History teaches us in every society that has tried this,
- 15:46Speaker 3: from the Soviet Union to Venezuela, it is a disaster.
- 15:52Speaker 3: It doesn't work, It results in massive shortages, it results
- 15:57Speaker 3: in consumers getting royally screwed. And yet Kamala Harris and
- 16:02Speaker 3: the people around her have no idea about this.
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- 17:41Speaker 2: Let's talk about how this how quickly this can unravel
- 17:45Speaker 2: the idea and look, I understand this is another way
- 17:48Speaker 2: of in essence Biden and Harris. All right, I should
- 17:51Speaker 2: now just say Harris is trying to buy votes. Hey,
- 17:54Speaker 2: vote for me. I'll give you cheaper food with guaranteed pricing.
- 17:58Speaker 2: But the collapse apps of the private sector can literally
- 18:02Speaker 2: happen overnight. I go back to COVID is a great
- 18:05Speaker 2: example of this. The entire system would have fallen instantly
- 18:10Speaker 2: if you had price mandates. That meant that the people
- 18:13Speaker 2: that were producing, whether it's whether it's dealing with cattle
- 18:17Speaker 2: or chicken, or eggs or milk, dairy, whatever, grain, everything,
- 18:22Speaker 2: we saw the prices go up. And if you have
- 18:26Speaker 2: a set price at hey, farmer, you have to sell
- 18:30Speaker 2: a pound of ground beefit a dollar ninety nine, and
- 18:33Speaker 2: then it's costing you three point fifty four five dollars produce.
- 18:38Speaker 2: You're out of business instantly. It all shuts down instantly.
- 18:41Speaker 2: You can't you can't run in deficits like that on
- 18:45Speaker 2: end because the government tells you must sell your dozen
- 18:48Speaker 2: eggs for a buck fifty when it's cost you three
- 18:50Speaker 2: twenty five because of grain prices.
- 18:53Speaker 1: That is exactly right.
- 18:55Speaker 3: And what you're touching on now is a second very
- 18:58Speaker 3: important function of prices. So when I was first laying
- 19:01Speaker 3: this out, and let me just say as it aside,
- 19:03Speaker 3: this is one of the reasons I like doing this
- 19:04Speaker 3: podcast is we actually get into substance. Like like if
- 19:08Speaker 3: you're watching the news on CNN, they don't cover substance
- 19:11Speaker 3: that they just engage in political propaganda.
- 19:14Speaker 1: And this podcast.
- 19:16Speaker 3: One of the things I love about our listeners is
- 19:18Speaker 3: our listeners run the gamut in terms of age, in
- 19:21Speaker 3: terms of experience. So we've got some people that listen
- 19:23Speaker 3: to this who are PhD economists and university professors. That's great,
- 19:28Speaker 3: they understand everything I'm saying. We've got other people. We
- 19:30Speaker 3: have We have high school kids and even junior high
- 19:32Speaker 3: kids who listened to the We we have college students,
- 19:35Speaker 3: we have young professionals. We have people some who study economics,
- 19:38Speaker 3: others who who are lawyers, others who are doctors, others
- 19:42Speaker 3: who are who are working mowing lawns. I mean, we
- 19:46Speaker 3: have the entire array of listeners. What unifies verdict listeners
- 19:52Speaker 3: is they actually care about the truth and they want
- 19:54Speaker 3: to know the truth and they're interested. You and I
- 19:57Speaker 3: have talked about the fact that my wife, Heidi, listens
- 19:59Speaker 3: regular to this podcast. Now I've been married now twenty
- 20:03Speaker 3: three years. It's not easy to get your wife to
- 20:05Speaker 3: listen to anything you do. But the reason she tells
- 20:09Speaker 3: me she listens to it.
- 20:10Speaker 1: Yeah, I mean, I know, you know, you just hope
- 20:13Speaker 1: me up. Trust me. I'm on the same We're on
- 20:15Speaker 1: the same boat on this one, my friend.
- 20:17Speaker 3: But you know why Heidi says she listens to it.
- 20:19Speaker 3: She says she learns things. It's actually useful and helpful
- 20:22Speaker 3: to her on a topic.
- 20:24Speaker 2: And so.
- 20:26Speaker 3: Let's talk about the second function of prices. One is
- 20:30Speaker 3: the relative value of one good or service visa of
- 20:32Speaker 3: the another. But another function, how is a price determined?
- 20:35Speaker 3: And it's determined? So you learn this when you take
- 20:38Speaker 3: economics one oh one. Typically that's like an introductory college course. Uh.
- 20:45Speaker 3: A price is determined from the intersection of two lines.
- 20:49Speaker 3: One line is supply and one line is demand. Now
- 20:52Speaker 3: what does that mean. Let's explain this in simple terms.
- 20:56Speaker 3: Let's go back to the fish example. In the fish example,
- 20:59Speaker 3: you are Ben Ferguson is providing the supply of fish.
- 21:03Speaker 3: You're out there fishing every day. Now a price the
- 21:08Speaker 3: supply line is sloped upwards, which means the higher the price,
- 21:15Speaker 3: the more fish you're going to supply. Why is that
- 21:20Speaker 3: If fish are suddenly ten bucks apiece, Ben, you're gonna say, hot,
- 21:25Speaker 3: diggity damn, people like them some fish. Maybe sushi became popular.
- 21:29Speaker 3: I don't know what it is. They want fish. I
- 21:32Speaker 3: sell a fish, I get ten bucks. That means I
- 21:34Speaker 3: get to buy all sorts of other stuff I really
- 21:36Speaker 3: care about. And so maybe Ben, you had one fishing boat,
- 21:40Speaker 3: but fish went up to ten dollars, You're like, we're
- 21:43Speaker 3: going to expl expand supply because this price is really
- 21:47Speaker 3: attractive to me. I'm going to go buy me two
- 21:49Speaker 3: other boats because I want to make more fish. Because
- 21:51Speaker 3: at ten bucks of fish, it's really profitable. So supply
- 21:54Speaker 3: will increase if the price goes up. On the other hand,
- 21:58Speaker 3: if the price goes down down, if suddenly instead of
- 22:01Speaker 3: three bucks for fish, fish is a dollar at a minimum,
- 22:05Speaker 3: you're going to say, you know, I'm not interested in
- 22:07Speaker 3: investing any more capital in this business. I'm definitely not
- 22:09Speaker 3: buying another vote, and I might not even be able
- 22:12Speaker 3: to survive in this business because the price has gotten
- 22:15Speaker 3: so low. So the price gives a signaling effect to
- 22:18Speaker 3: the producers of how much to invest in producing the product.
- 22:23Speaker 3: In any business, in any product, there are two and
- 22:26Speaker 3: only two inputs, labor and capital. Labor is maybe you
- 22:32Speaker 3: hire three other fishermen. That's one way of increasing your production.
- 22:35Speaker 3: If you had one fisherman and you hired two more,
- 22:38Speaker 3: you're going to produce more fish. Another way of increasing
- 22:41Speaker 3: your production is more capital. You get two more boats.
- 22:46Speaker 3: That's another way of producing more capital. It is the
- 22:50Speaker 3: price that gives you the instantaneous signaling effect to know
- 22:54Speaker 3: do I need to invest more or less in my
- 22:57Speaker 3: fishing business. By the way, if the price stays at
- 22:59Speaker 3: ten minus fish, I might decide screw it with these apples.
- 23:03Speaker 3: I'm getting me a boat. I'm getting into the fishing business.
- 23:06Speaker 3: I'm tired of a dollar an apple for apples.
- 23:08Speaker 1: Now.
- 23:09Speaker 3: The other line on the graph is the demand curve,
- 23:14Speaker 3: and the demand curve slopes downward, And what that means
- 23:18Speaker 3: is the higher the price, the less demand. So if
- 23:23Speaker 3: fish or a hundred bucks of fish, I may love
- 23:27Speaker 3: me some fish like, Oh, it's delicious stuff.
- 23:29Speaker 1: I love it.
- 23:30Speaker 3: But at a hundred bucks, you know what, I'm eating
- 23:32Speaker 3: the apples. I don't want any fish at a hundred bucks.
- 23:35Speaker 3: I can't afford it. Nope, I am not in the
- 23:37Speaker 3: fish business if it's a hundred bucks. So in my hypothetical,
- 23:40Speaker 3: let's assume at a hundred bucks, demand for fish is zero
- 23:44Speaker 3: because no one can afford it, or it's so high
- 23:46Speaker 3: they don't want it. Now, as the price of fish
- 23:48Speaker 3: gets cheaper and cheaper and cheaper, if fish is three bucks,
- 23:51Speaker 3: I may say, all right, I like fish. Maybe I
- 23:53Speaker 3: go have fish once a week or twice a week.
- 23:55Speaker 3: That's what I feed my family. It's a good choice.
- 23:57Speaker 3: And a fish get even cheaper than that fish dropped
- 23:59Speaker 3: to a do I might say, you know what, even
- 24:02Speaker 3: though I like beef, if I can't afford beef anymore
- 24:06Speaker 3: and fish has suddenly become really expensive, I'm going to
- 24:08Speaker 3: have fish five days a week. And so demand responds
- 24:13Speaker 3: to price. The lower price gets typically the more demand increases.
- 24:18Speaker 3: And if you look at it as an economic and
- 24:20Speaker 3: mathematical matter, the price is the intersection between those two
- 24:24Speaker 3: lines between supply and demand. Now, why is Kamala Harris's
- 24:30Speaker 3: Soviet price fixing such a bad idea because history has
- 24:35Speaker 3: told us that government bureaucrats, all government bureaucrats are absolutely
- 24:43Speaker 3: terrible at fixing prices. And there's a reason, frankly, nobody
- 24:48Speaker 3: is smart enough to do this, right, You're not, I'm not.
- 24:51Speaker 3: Nobody is if you look at free enterprise, you look
- 24:55Speaker 3: at capitalism, you look at the market, Supply and demand
- 24:58Speaker 3: are responding to milli millions of factors simultaneously to set
- 25:03Speaker 3: the price, and those prices change the behavior. So if
- 25:08Speaker 3: you're a fisherman and the cost of your inputs go up,
- 25:11Speaker 3: suppose you use fishing nets and the cost of fishing
- 25:15Speaker 3: nets go from ten dollars to twenty dollars. That's an input,
- 25:20Speaker 3: you know, and you're like, okay, I got to buy
- 25:22Speaker 3: fishing nets. My nets are more expensive, so I have
- 25:25Speaker 3: to raise the price. You respond instantaneously to that, you
- 25:28Speaker 3: know what. Nobody in government is smart enough to know that,
- 25:34Speaker 3: and Kamala Harris most certainly is not smart enough to
- 25:36Speaker 3: know that. So what happens. What the Soviet Union did
- 25:38Speaker 3: all the time is they would set a price, and
- 25:41Speaker 3: usually they'd set it too low because by the way.
- 25:43Speaker 3: Government's incentive is always to give away free stuff. So
- 25:46Speaker 3: if a normal free market price for a fish was
- 25:49Speaker 3: three bucks, a politician that wants to be popular is
- 25:52Speaker 3: going to say a dollar fish for everyone. Look how
- 25:55Speaker 3: generous I am. And what will happen is what you
- 25:58Speaker 3: started by saying. Ben in this hypothetical. If it's a
- 26:01Speaker 3: dollar fish and you discover you can't afford the cost
- 26:04Speaker 3: to your boat, you can't afford to pay your fishermen,
- 26:06Speaker 3: you can't afford to buy nets, you know what you're
- 26:08Speaker 3: gonna do. You're gonna go out of business. And the
- 26:10Speaker 3: result is no fish. And we saw that the Soviet
- 26:14Speaker 3: Union in their stores where people would go and they'd
- 26:17Speaker 3: want rice, they'd want food, they want beans, they'd want fish,
- 26:20Speaker 3: they'd want apples, and it wasn't there because the government
- 26:23Speaker 3: that set the price so low that it put people
- 26:26Speaker 3: out of business.
- 26:28Speaker 2: The other part that is, and I encourage people show
- 26:31Speaker 2: this to your kids and your grandkids. You can go
- 26:34Speaker 2: back and just google supermarkets in Russia or in the
- 26:38Speaker 2: USSR and you can see extremely long lines and zero selection.
- 26:43Speaker 2: You got whatever they had, and food that you and
- 26:48Speaker 2: I would never purchase in the United States of America.
- 26:51Speaker 2: In fact, it would never be allowed to be sold
- 26:55Speaker 2: in America with our standards that we have, and that
- 26:58Speaker 2: became their almost day to day life and reality. That's
- 27:04Speaker 2: point number one. But there's also a very interesting part
- 27:08Speaker 2: of history here, and it involves, i think, in such
- 27:11Speaker 2: a cool way, Houston and NASA, with the USSR leader
- 27:17Speaker 2: Yeltsin coming to America and he went to NASA and
- 27:22Speaker 2: then he went to a supermarket. It was an unplanned
- 27:25Speaker 2: visit to go to this supermarket. It was not far
- 27:29Speaker 2: from NASA, and he was in total amazement at what
- 27:33Speaker 2: he saw.
- 27:34Speaker 3: Well, that's exactly right. And so this was bors Yeltsen
- 27:38Speaker 3: was the president of Russia. It was nineteen eighty nine,
- 27:40Speaker 3: and he came to Texas. He came to NASA, and
- 27:42Speaker 3: then he stopped by a supermarket and he was utterly
- 27:47Speaker 3: flabbergasted because he looked at the supermarket and he saw
- 27:51Speaker 3: this incredible array of choices. Houston Chronicle reported Yeltsin, then
- 27:58Speaker 3: fifty eight years old quote roamed the aisles of Randalls.
- 28:02Speaker 3: Randall's was popular supermarket chain in Texas, and Houston nodding
- 28:07Speaker 3: his head in amazement, he told his fellow Russians at
- 28:11Speaker 3: his entourage that if they're people who must often wait
- 28:15Speaker 3: in line for most goods, saw the conditions of US supermarkets, quote,
- 28:21Speaker 3: there would be a revolution, and he was utterly flabbergasted.
- 28:28Speaker 3: He was used to and so it describes how Yelton
- 28:32Speaker 3: asked customers about what they were buying and how much
- 28:36Speaker 3: it cost, later asking the store manager if one needed
- 28:40Speaker 3: a special education to manage a store. And in the
- 28:43Speaker 3: photos in the Houston Chronicle, you can see him marveling
- 28:46Speaker 3: at the produce selection the fresh fish market. We were
- 28:50Speaker 3: talking about fish. It was literally the price of fish.
- 28:52Speaker 3: He's looking at it, going wow, wait, you've got salmon,
- 28:54Speaker 3: You've got tuda, You've got all these different kinds of fish.
- 28:56Speaker 3: And the checkout counter and he looked especially excited about
- 29:00Speaker 3: frozen pudding pops. And and here's what he says. He says,
- 29:04Speaker 3: quote even the Pollit Bureau doesn't have this choice, not
- 29:11Speaker 3: even mister Gorbachev. And the fact that there were stores
- 29:17Speaker 3: like this on virtually every street quarter in America amazed him.
- 29:21Speaker 3: They offered him at Randall's, they offered him free cheese samples,
- 29:25Speaker 3: and he was shocked. And it played a real role
- 29:32Speaker 3: in America winning the Cold War, and in convincing him
- 29:37Speaker 3: that Soviet style price controls doesn't work. And and and
- 29:41Speaker 3: here let me read what what What What? Yeltson wrote
- 29:46Speaker 3: in his book that he later wrote, quote, when I
- 29:50Speaker 3: saw those shelves crammed with hundreds, thousands of cans, cartons,
- 29:56Speaker 3: and goods of every possible sort, for the first time,
- 29:59Speaker 3: I felt quite frankly sick with despair for the Soviet people.
- 30:05Speaker 3: That such a potentially super rich country as ours had
- 30:09Speaker 3: been brought to a state of such poverty. It is
- 30:13Speaker 3: terrible to think about it.
- 30:16Speaker 1: And yet.
- 30:18Speaker 3: That lesson Kamala Harris hasn't learned, None of her left
- 30:23Speaker 3: wing little Marxist around her have learned. They just want
- 30:28Speaker 3: to promise people one dollar fish. And if it doesn't
- 30:32Speaker 3: work out and suddenly there's no fish, that's not their problem.
- 30:36Speaker 3: You know what they'll do. They'll blame the greedy fisherman.
- 30:40Speaker 3: Ben when you shut down your shop because you can't
- 30:42Speaker 3: afford to sell one dollar fish, They'll say, you're a greedy,
- 30:45Speaker 3: voracious capitalist, and why are you trying to deny the
- 30:49Speaker 3: hungry people they're fish? That, sadly is the same thing
- 30:52Speaker 3: Stalin said, and you know what, if if Kamala were Stalin,
- 30:55Speaker 3: maybe she'd send you to the Gulac.
- 30:58Speaker 2: You look at the fact that in twenty twenty four
- 31:00Speaker 2: we are here at this point where it just seems
- 31:03Speaker 2: that the new strategy of the left. And I keep
- 31:06Speaker 2: saying it because I believe it. I think the Democratic
- 31:08Speaker 2: Party's dead. I think they're filled with communists and Marxists
- 31:11Speaker 2: and socialists masquerading as Democrats.
- 31:13Speaker 1: I think that's another data point to that.
- 31:15Speaker 2: But when you look at this, it just seems like
- 31:18Speaker 2: their new game plan is, Okay, if we're down in
- 31:21Speaker 2: the polls, we got to buy bote votes from a sector.
- 31:25Speaker 1: How do we do it?
- 31:27Speaker 2: Last time it was all right, we'll just buy votes
- 31:29Speaker 2: from people that have student loans, right, And that worked
- 31:32Speaker 2: pretty well for them.
- 31:33Speaker 3: Yeah, it was successful. They gave away a trillion dollars
- 31:36Speaker 3: they didn't have. It was illegal for them to give
- 31:38Speaker 3: They were lying about it, but they were counting on
- 31:41Speaker 3: young people being foolish and gullible and believing it, and
- 31:44Speaker 3: at least some did. And by the way, they're trying
- 31:46Speaker 3: to repeat that same scam again. They're counting on people
- 31:48Speaker 3: being even more gullible. You know, as the old saying goes,
- 31:52Speaker 3: there's no learning from the second kick of a mule.
- 31:55Speaker 3: Joe Biden and Kamala Harris kicked young people once and
- 31:58Speaker 3: they discovered they were lying with the t a dollar
- 32:00Speaker 3: student loan giveaway. They're trying to kick them a second time,
- 32:03Speaker 3: and they're hoping young voters are foolish enough to be
- 32:07Speaker 3: deceived yet again.
- 32:08Speaker 1: And if they do go through with this.
- 32:10Speaker 2: I go back to Obamacare and when it was pretty
- 32:14Speaker 2: clear that you know, they weren't joking when they said
- 32:16Speaker 2: we won't know what's in the bill until we passed
- 32:18Speaker 2: the bill, right, and then they did, and then we
- 32:21Speaker 2: saw our entire healthcare system up ended overnight. My worry
- 32:25Speaker 2: is this could happen that quickly as well, except with
- 32:28Speaker 2: even I think more catastrophic consequences. Because you look at
- 32:33Speaker 2: the big, big grocery stores. They're in business to make
- 32:37Speaker 2: money for their shareholders or private equity or families. Right,
- 32:41Speaker 2: We've already seen the squeezing out of the mom and
- 32:43Speaker 2: pop grocery stores because they couldn't compete with the prices
- 32:45Speaker 2: of the big dog. So now we have, you know,
- 32:48Speaker 2: very few grocers nationwide that have the mass majority of
- 32:52Speaker 2: the marketplace. But if Harris gets elected and really implements
- 32:56Speaker 2: this idea, you could see these grocery stores being shit
- 33:00Speaker 2: down left and right.
- 33:02Speaker 3: And by the way, it will not be uniformly distributed.
- 33:05Speaker 3: You know who would be hurt the most by Kamala's
- 33:07Speaker 3: proposal for price fixing a.
- 33:09Speaker 2: Food places where there's already quote food deserts and heavy
- 33:13Speaker 2: highly populated minority communities are those that are poor communities
- 33:17Speaker 2: as well.
- 33:18Speaker 3: My god, Ben, it's almost like you understand basic economics. Yeah,
- 33:21Speaker 3: Kamala doesn't know that.
- 33:23Speaker 1: Listen.
- 33:23Speaker 3: I know Kamala well. I served with her for many
- 33:25Speaker 3: years in the Senate. She has no idea, and you
- 33:28Speaker 3: and I didn't rehearse this. I didn't know you'd know that.
- 33:30Speaker 3: I just know you're a really bright guy who understands
- 33:33Speaker 3: the world, and so I was fairly confident you'd know that.
- 33:35Speaker 3: She doesn't. If I asked her that same question, she'd like,
- 33:39Speaker 3: I don't know, what do you mean? And listen, understand,
- 33:44Speaker 3: even with this price fixing, rich people will be by
- 33:47Speaker 3: and large are right whole foods, and fancy neighborhoods will
- 33:51Speaker 3: still have really expensive wine and cheese. You may remember
- 33:55Speaker 3: when Barack Obama was running for president. At one point
- 33:57Speaker 3: he said, have you seen the price of arugula? Which
- 34:00Speaker 3: which was a fairly amazing level of disconnectedness. All right,
- 34:04Speaker 3: I want to I want to test something. Ben, You
- 34:06Speaker 3: and I are both guys. I'm gonna guess I don't
- 34:09Speaker 3: know this, but I'm gonna guess you're not a huge
- 34:11Speaker 3: grocery shopper in the family. How much is a dozen eggs?
- 34:16Speaker 3: You're gonna laugh. I'm gonna go right now. The ones
- 34:19Speaker 3: that have to be quote cage free. They're about four
- 34:21Speaker 3: bucks at the moment, three seventy eight.
- 34:24Speaker 1: Okay, you look that up.
- 34:25Speaker 3: You didn't know.
- 34:25Speaker 2: No, you're gonna laugh that. This is I love to cook.
- 34:28Speaker 2: That's my I love to cook. That's why I'd start
- 34:31Speaker 2: a barbecue restaurant. So I actually enjoy going to the
- 34:35Speaker 2: grocery store.
- 34:36Speaker 1: All right.
- 34:36Speaker 3: So that's fascinating. So as I was sitting here, we're
- 34:39Speaker 3: getting ready to do this podcast. You may remember George
- 34:43Speaker 3: Herbert Walker Bush was famously lambasted because he didn't know
- 34:46Speaker 3: how much a gallon of milk was and he was
- 34:48Speaker 3: painted as this out of touch wealthy guy. Right before
- 34:52Speaker 3: we started recording this pod, I googled how much for
- 34:56Speaker 3: a dozen eggs, and I think the average price right
- 34:58Speaker 3: now is three dollars an eight sense, but I wasn't
- 35:01Speaker 3: googling the cage free organic, you know, brown funky eggs.
- 35:09Speaker 3: I will say, as a guy, this may shock you,
- 35:12Speaker 3: but I am not typically the grocery shopper in our family.
- 35:16Speaker 3: I will go grocery shopping on occasion, but it's usually
- 35:19Speaker 3: because my daughter is cooking a meal and she's like, Dad,
- 35:23Speaker 3: will you get me some pasta and tomatoes and garlic,
- 35:28Speaker 3: And She'll give me a list and I'll go, I'll
- 35:30Speaker 3: go with my list and get it. I do go
- 35:33Speaker 3: occasionally get fruit. I like going to the produce thing
- 35:35Speaker 3: and getting some nectarines and plums and grapes and cherries,
- 35:38Speaker 3: and so I'll just kind of collect that. I bought
- 35:42Speaker 3: a dozen eggs a number of times before, but I
- 35:44Speaker 3: have no freaking clue how much they are. I mean,
- 35:45Speaker 3: I just I don't buy eggs very often, and so
- 35:48Speaker 3: it's just not it's not front of mine to me.
- 35:53Speaker 3: But I will say the idea that you can just
- 35:59Speaker 3: magic change it. By the way, Joe Biden did this
- 36:03Speaker 3: same thing right before the last election, and the price
- 36:06Speaker 3: of gasoline. So the price of gasoline has risen massively
- 36:11Speaker 3: under Joe Biden Kamala Harris. Now this was an intended effect.
- 36:13Speaker 3: They want the price of gasoline higher, but as they
- 36:16Speaker 3: get closer to an election, they realize, oh crap, this
- 36:18Speaker 3: is a problem because it turns out voters don't like
- 36:21Speaker 3: paying more at the pump or paying more at the
- 36:24Speaker 3: grocery store. So right before election day they need a
- 36:27Speaker 3: short term fix. So what Joe Biden did last time.
- 36:29Speaker 3: Number one, he released a bunch of oil from the
- 36:31Speaker 3: Strategic Petroleum Reserve that is designed to be there for emergencies,
- 36:36Speaker 3: and he did that to increase supply, impacting price because
- 36:40Speaker 3: more supply lowers price. But he also, if you remember,
- 36:45Speaker 3: Joe Biden attacked the greedy gas station owners, which is
- 36:52Speaker 3: an economic matter. Is about as ludicrous as anything you
- 36:56Speaker 3: could come up with. Look, if you're owning a gas station,
- 36:59Speaker 3: most gas day owners or small business owners, they're often
- 37:03Speaker 3: they own maybe one or two gas stations, many of
- 37:06Speaker 3: them in Houston, I suspect across the country. Many of
- 37:09Speaker 3: them are immigrants. Many of them know this is their business.
- 37:13Speaker 3: Their family works, they're often their kids are working at
- 37:15Speaker 3: the gas station too. They are not price makers when
- 37:21Speaker 3: it comes to gasoline. They are price takers. They don't
- 37:24Speaker 3: have sufficient market influence to set the price markedly different
- 37:31Speaker 3: from what the price is being set by global supply
- 37:34Speaker 3: and demand. But yet Joe Biden, and by the way,
- 37:38Speaker 3: the useful idiots in the media, he demagogue those mean,
- 37:43Speaker 3: greedy capitalists that own gas stations. They're just charging you
- 37:47Speaker 3: seven bucks a gallon because they're mean, because they're greedy.
- 37:51Speaker 3: And by the way, the premise of this was that
- 37:54Speaker 3: during Donald Trump, apparently those capitalists were not greedy. They
- 37:58Speaker 3: didn't want money, and it was only when Democrats came
- 38:01Speaker 3: to office that they wanted to make a profit. Look,
- 38:04Speaker 3: every business owner would love to sell their goods for
- 38:06Speaker 3: a higher price, but it is driven by the cost
- 38:08Speaker 3: of their inputs, and it's driven by demand. Those are
- 38:11Speaker 3: the factors they're facing. And what she is doing is
- 38:13Speaker 3: the same thing that when the price of food has
- 38:16Speaker 3: skyrocketed because of her policies, she can't take the blame
- 38:22Speaker 3: for that, so instead she says, the mean mom and
- 38:26Speaker 3: pop that owns the little grocery store, they're just robbing you.
- 38:32Speaker 3: So I'm going to order them to stop robbing you.
- 38:35Speaker 3: And as you noted, the people who are going to
- 38:38Speaker 3: pay the most are people in low income neighborhoods where
- 38:41Speaker 3: the stores there are often barely scraping by, and if
- 38:46Speaker 3: you force them to sell things at below cost, you're
- 38:49Speaker 3: going to drive them out of business, and you're gonna
- 38:51Speaker 3: end up having people having much fewer choices and real
- 38:58Speaker 3: shortages and scarcity because and you end up in the
- 39:00Speaker 3: scenario where you mandate, let's go back to my fish
- 39:03Speaker 3: hypothetical one dollar fish when the cost of producing a
- 39:06Speaker 3: fish is let's say two dollars, you end up with
- 39:09Speaker 3: no fish because you bankrupt the producers or people decide
- 39:13Speaker 3: to do something else. And it's why in the Soviet
- 39:15Speaker 3: Union are in Venezuela. Look Venezuela. Venezuela used to be
- 39:19Speaker 3: the third wealthiest country in the world per capita in
- 39:24Speaker 3: nineteen fifty. The United States was number one, New Zealand
- 39:26Speaker 3: was number two. Venezuela was number three. You look at
- 39:31Speaker 3: what Maduro has done, you look at what socialism has done.
- 39:33Speaker 3: And by the way, Maduro in Venezuela promised we're going
- 39:36Speaker 3: to put in place price controls to stop inflation. He
- 39:39Speaker 3: had the same proposal. Kamala Harris had inflation skyrocket and
- 39:44Speaker 3: I think it's something like three hundred percent in Venezuela,
- 39:48Speaker 3: and people are starving now in Venezuela because the food disappeared.
- 39:54Speaker 3: That's how economically illiterate and disastrous.
- 39:57Speaker 1: Her proposal is.
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- 41:51Speaker 2: to switch to another topic Senat that we mentioned earlier,
- 41:54Speaker 2: and this is another cautionary tel A warning and the
- 41:59Speaker 2: border doesn't seem to give a crap. A Palestinian on
- 42:04Speaker 2: the terror watch list was arrested on the southern US border.
- 42:09Speaker 3: That's exactly right. It's an individual named Omar Shaheda who
- 42:15Speaker 3: is accused of explosives and arms use and was caught
- 42:18Speaker 3: in Santa Theresa, New Mexico. Omar Shaheda is a Palestinian
- 42:23Speaker 3: from Juday and Samaria, and he is on the terror
- 42:26Speaker 3: watch list for alleged prior use of explosives at arms.
- 42:31Speaker 3: He was arrested. The New York Post reported, and let
- 42:35Speaker 3: me read from the memo that has been leaked showing
- 42:38Speaker 3: the arrest notification of the suspected Palestinian terrorist. The arrest
- 42:43Speaker 3: notification says, on August twelfth, twenty twenty four, Border Patrol
- 42:47Speaker 3: agents assigned to the Sanatresa Border Patrol Station encountered a
- 42:51Speaker 3: person with a terror screening data sent record. At approximately
- 42:55Speaker 3: one ten am, agents apprehended a group of seven individuals
- 42:59Speaker 3: who legally entered the United States from Mexico near Santa Theresa,
- 43:03Speaker 3: New Mexico. During processing, research revealed that Omar nawaf Issa
- 43:08Speaker 3: Shaheda was a possible match to a terror watch list record.
- 43:14Speaker 3: Border Patrol agents at the National Targeting Center generated an
- 43:17Speaker 3: NTC event. Shejeda was confirmed to be a positive match
- 43:23Speaker 3: and is watch listed as a Category fifteen used explosives
- 43:28Speaker 3: slash arms. Global Appis revealed that Scheheda traveled from Madrid,
- 43:38Speaker 3: Spain to Bogoa, Columbia on a flight with a connecting
- 43:42Speaker 3: flight to Panama City, and that Scheheda arrived in San Salvador,
- 43:48Speaker 3: El Salvador on a flight and Sjeda is currently being held.
- 43:54Speaker 3: He was encountered as a single adult. Now this is
- 43:58Speaker 3: a pattern. Weeks earlier, three other suspected Palestinian terrorists were
- 44:04Speaker 3: caught at the California border. Those and we talked about
- 44:07Speaker 3: those three on this podcast previously. One of them had
- 44:11Speaker 3: a photo on their phone including pictures of a masked
- 44:14Speaker 3: man holding an AK forty seven rifle Kamala Harris. The
- 44:18Speaker 3: borders are is responsible for an open border that continues
- 44:22Speaker 3: to be a magnet inviting terrorists to come into this country,
- 44:28Speaker 3: and in fact, an alert that was issued by the
- 44:33Speaker 3: Border Patrol said quote individuals inspired by or reacting to
- 44:39Speaker 3: the current Israel Hamas conflict may attempt to travel to
- 44:43Speaker 3: or from the area of hostilities in the Middle east
- 44:47Speaker 3: via circuitous transit across the southwest border. This is what
- 44:52Speaker 3: Kamala Harris's open border is doing to us.
- 44:56Speaker 2: You look at this and you put it together with
- 45:00Speaker 2: the fact that they say she's not the borders are,
- 45:03Speaker 2: and then she says, oh, I'm doing everything I can
- 45:06Speaker 2: to protect you at the border. It doesn't match up.
- 45:11Speaker 2: It's just lie after lie after lie after lie. And
- 45:15Speaker 2: you look at these gang leaders that are arrested, You
- 45:18Speaker 2: look at the children that are being assaulted. Unfortunately, now
- 45:21Speaker 2: it's on a weekly basis. We also know, and I
- 45:24Speaker 2: think we should just remind people that the system is
- 45:27Speaker 2: so broken now that the administration has just been busted
- 45:31Speaker 2: handing kids over to non family members, okay, non family
- 45:37Speaker 2: members a lost track. Within a month, a third of
- 45:40Speaker 2: the kids are hand over to their quote sponsors who
- 45:43Speaker 2: are non family members, with no response and no follow
- 45:47Speaker 2: up from the federal government. So, in other words, a
- 45:49Speaker 2: handed child over to a non family member, they call
- 45:52Speaker 2: thirty days later to check in, No one answers, no
- 45:55Speaker 2: one's talking to them, and they can't find the kid.
- 45:57Speaker 2: And that's apparently happening with at least a third of
- 46:00Speaker 2: the kids that they're bringing into this country.
- 46:02Speaker 1: That is pure evil. It is pure evil.
- 46:05Speaker 3: And I'll tell you that the New York Times is
- 46:07Speaker 3: even reporting on this, and they're reporting Javier Bessera, who
- 46:12Speaker 3: is the Secretary of Health and Human Services. He has
- 46:15Speaker 3: no background in healthcare, He has no background. He's not
- 46:18Speaker 3: a physician, he doesn't know anything about healthcare. But what
- 46:21Speaker 3: he is is a radical left wing lawyer who was
- 46:23Speaker 3: the Attorney General of California. And that's who Joe Biden
- 46:26Speaker 3: Kamala Harris wanted in charge of HHS, and AHHS is
- 46:30Speaker 3: the one that deals with unaccompanied miners. And we've seen
- 46:35Speaker 3: an explosion of unaccompanied miners coming into this country because
- 46:38Speaker 3: Joe Biden Kamala Harris opened up the border and it
- 46:41Speaker 3: ended up with a lot of little boys and a
- 46:42Speaker 3: lot of little girls being trafficked in by human traffickers,
- 46:46Speaker 3: being abused, many of them physically, many of them sexually.
- 46:49Speaker 3: But then when they get here, the Biden administration had
- 46:54Speaker 3: a problem, and they had a problem because they wanted
- 46:59Speaker 3: to avoid kids in cages. They had made a huge
- 47:01Speaker 3: deal of it under Donald Trump. Never mind that the
- 47:05Speaker 3: actual cages were built by Barack Obama, but they wanted
- 47:11Speaker 3: to avoid the bad optics of having kids in cages
- 47:14Speaker 3: under Joe Biden. So what they did is they began
- 47:19Speaker 3: releasing young people and releasing them to adults who who
- 47:25Speaker 3: couldn't pass basic background checks. And when people in the
- 47:29Speaker 3: system said, wait, we don't know who these adults are.
- 47:31Speaker 3: We don't know if they're bad people. We don't know
- 47:33Speaker 3: if they're looking for kids to work in child labor
- 47:36Speaker 3: and slave labor. We don't know if they're violent. We
- 47:39Speaker 3: don't know if they want to abuse the kids.
- 47:40Speaker 1: You know, what have you hear?
- 47:41Speaker 3: Bessera said, shut up and release them faster. And so
- 47:44Speaker 3: let me read from the Wall Street Journal. This is
- 47:46Speaker 3: an article on July eighth and the Wall Street Journal.
- 47:48Speaker 3: In twenty twenty one, when the new Biden administration was
- 47:51Speaker 3: struggling to cope with a sudden influx of unaccompanied migrant
- 47:54Speaker 3: children at the US Mexico border, the government repeatedly overrode
- 47:58Speaker 3: the concerns of lower lefele workers who warned about placing
- 48:02Speaker 3: them in certain households. Documents and interviews show quote, it
- 48:06Speaker 3: does not appear safe for the minor to be released
- 48:09Speaker 3: to a home environment that was not fully assessed. A
- 48:11Speaker 3: caseworker road about a child slated to live in a
- 48:15Speaker 3: hostile like home in Florida with at least three adults.
- 48:18Speaker 3: A few days later, unofficial dismissed the recommendation to reject
- 48:23Speaker 3: the proposed guardian. According to internal government memos, at another
- 48:27Speaker 3: facility in Pomona, California, about thirty miles east of Los Angeles,
- 48:32Speaker 3: more than one hundred children that summer were sent to
- 48:37Speaker 3: temporary guardians who were issued denials early in the process
- 48:41Speaker 3: by case coordinators. According to a review of internal government
- 48:44Speaker 3: data that tracks on accompanied children, emails and other communications
- 48:48Speaker 3: and interviews with caseworkers, about two dozen more denials were
- 48:53Speaker 3: overturned because of clerical errors or issues such as missing
- 48:57Speaker 3: fingerprints that were resolved, record show, but many of the
- 49:01Speaker 3: others were approved with scant details explaining why, and stunningly,
- 49:08Speaker 3: the Wall Street Journal couldn't determine what happened to the
- 49:12Speaker 3: children after they left the facility. Joe Biden and Kamala
- 49:17Speaker 3: Harris have lost over eighty thousand children that came as
- 49:24Speaker 3: unaccompanied miters to this country. They don't know where they are,
- 49:26Speaker 3: they don't know who has them, they don't know what
- 49:28Speaker 3: has happened to the kids. And you know what Kamala
- 49:32Speaker 3: Harris has zero interest in finding the answer to that.
- 49:35Speaker 3: She will never talk about it. Mind you, she was
- 49:37Speaker 3: the borders are, she still is, and yet losing eighty
- 49:41Speaker 3: thousand children apparently doesn't concern her at all.
- 49:45Speaker 2: Yeah, and there doesn't seem to be accountability for this either.
- 49:48Speaker 2: Is there anything that Congress can do now, knowing what
- 49:52Speaker 2: we just learned in that report.
- 49:54Speaker 3: There's a lot Congress can do, but in the Senate,
- 49:57Speaker 3: the Senate will do none of it. And the reason
- 49:59Speaker 3: is the Democrats, who are in the majority of the
- 50:01Speaker 3: Senate do not care. I've raised this issue repeatedly in
- 50:05Speaker 3: the Judiciary Committee. You know what, Democrats in charge Judiciary.
- 50:09Speaker 3: We have not had a single hearing in four years
- 50:13Speaker 3: on the crisis at our southern border. We've had multiple
- 50:15Speaker 3: hearings on the Democrats desired to grant amnesty to illegal aliens.
- 50:19Speaker 3: We have not had a hearing in Judiciary on the
- 50:22Speaker 3: eighty thousand kids that Joe Biden Kamala Harris has lost
- 50:26Speaker 3: because the Democrats want to cover it up. And listen,
- 50:29Speaker 3: we know that some significant number of those individuals are
- 50:36Speaker 3: in child labor work sites, are being abused, are being
- 50:40Speaker 3: physically abused, are being sexually abused. If you look for example,
- 50:46Speaker 3: I'm gonna go back to the Wall Street Journal article
- 50:49Speaker 3: that says following an internal investigation, the Inspector General for
- 50:52Speaker 3: the US Department of Health and Human Services, which oversaw
- 50:55Speaker 3: a network of shelters caring for ant accompanied minors, found
- 50:59Speaker 3: gaps in the process to screen temporary guardians. It said
- 51:03Speaker 3: in February that sixteen percent sixteen percent of records for
- 51:08Speaker 3: children who were released to sponsors in March and April
- 51:10Speaker 3: twenty twenty one lacked evidence that a required safety check
- 51:15Speaker 3: was conducted.
- 51:16Speaker 1: Quote.
- 51:17Speaker 3: Although well intentioned, these sites were unregulated and unsafed, said
- 51:22Speaker 3: Niha Desai, the senior director of Immigration at the National
- 51:26Speaker 3: Center for Youth Law. There was enormous pressure placed on
- 51:30Speaker 3: the sites to rapidly release children from custody, and the
- 51:34Speaker 3: Biden Harris administration pressed them to release. At these emergency shelters,
- 51:39Speaker 3: case workers were told to discharge children within ten to
- 51:44Speaker 3: fourteen days, and so they released kids without knowing if
- 51:50Speaker 3: the people they were giving them too were dangerous, without
- 51:53Speaker 3: knowing what was happening, and yet tragically the result is
- 51:59Speaker 3: many kids suffered horrific mistreatment.
- 52:03Speaker 1: It is an election your issue.
- 52:05Speaker 2: And this is what I hope the Trump administration, the
- 52:08Speaker 2: Trump team, i should say, is going to do, is
- 52:10Speaker 2: to lay out much of what we have laid out
- 52:12Speaker 2: here for the American people to hear because it is
- 52:15Speaker 2: such shocking news when you listen to the reports, and
- 52:19Speaker 2: this is reports from our own government that are stating this.
- 52:21Speaker 2: People are losing their jobs because they're trying to protect
- 52:25Speaker 2: the kids. And they said, if you don't move them
- 52:27Speaker 2: through the system fast enough for us, then you can
- 52:31Speaker 2: find another job.
- 52:32Speaker 3: You're done here. I'll find some politics over people. And
- 52:36Speaker 3: that is the consistent pattern of Joe Biden, Kamala Harris.
- 52:39Speaker 3: It's always, always always politics. And if people have to die,
- 52:43Speaker 3: if women have to be sexually assaulted, if children have
- 52:47Speaker 3: to be brutalized, they're willing to look the other way
- 52:50Speaker 3: if they believe there's a political benefit for the Democrats.
- 52:53Speaker 1: Don't forget. We do this show Monday, Wednesday, and Friday.
- 52:55Speaker 2: We do a week in review of what you may
- 52:58Speaker 2: have missed during the week on Saturdays as well, so
- 53:00Speaker 2: make sure you hit that subscribe or auto download button
- 53:03Speaker 2: and those in between days grab my podcast, The Ben
- 53:06Speaker 2: Ferguson Podcasts. I'll keep you up to date on the
- 53:08Speaker 2: latest breaking news. The Senator and I will see you
- 53:11Speaker 2: back here Saturday morning for the week in review.