Latest / The Ben Ferguson Podcast / Federal prosecutors weighing charges on two fronts in Hunter Biden investigation, PLUS TED CRUZ joins me for a BIG ANNOUNCEMENT!

Transcript

Federal prosecutors weighing charges on two fronts in Hunter Biden investigation, PLUS TED CRUZ joins me for a BIG ANNOUNCEMENT! · The Ben Ferguson Podcast

0:00
Speaker 1: Well, you can't make it up. Right before the election,
0:03
Speaker 1: you've got Joe Biden trying to scare the living hell
0:06
Speaker 1: out of everyone, not just in America, been the world
0:09
Speaker 1: by saying it's arm again in World War three. And
0:11
Speaker 1: there's nuclear war that you know, probably going to happen
0:14
Speaker 1: between Russia at some point. Now, before I get into that,
0:19
Speaker 1: I have some very big news that I'm going to
0:22
Speaker 1: break tonight, and some of it you may have already
0:24
Speaker 1: seen it on social media. I am going to get
0:27
Speaker 1: to do something that I cannot tell you how excited
0:30
Speaker 1: I am, and that is get to host a podcast
0:33
Speaker 1: on top of the show. In my podcast, I'll keep
0:36
Speaker 1: doing that, don't worry. But I'm going to get to
0:39
Speaker 1: do at least three days a week, co hosting with
0:44
Speaker 1: a good friend of mine, the Senator from Texas, Ted Cruz,
0:47
Speaker 1: his podcast Verdict. So if you have not downloaded Verdict,
0:52
Speaker 1: do it right now. And it is an amazing podcast
0:56
Speaker 1: he's been doing for several years. We are going to
0:58
Speaker 1: get to expand it to three days a week and
1:01
Speaker 1: when big news is breaking, I wouldn't meet surprised if
1:04
Speaker 1: you see four or five episodes in a week. This
1:07
Speaker 1: is gonna be an incredible show for you to get
1:10
Speaker 1: information from one of the most brilliant minds and politics,
1:14
Speaker 1: but certainly in the conservative movement and especially before the
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Speaker 1: him my good friend from Texas US centor Tech Cruise. Senator,
2:44
Speaker 1: I appreciate you coming on my show and I'm so
2:47
Speaker 1: excited about doing this new podcast with you, Verdict three
2:50
Speaker 1: days a week. Well, Ben, it is great to be
2:54
Speaker 1: on your show right now, and I'm really looking forward
2:57
Speaker 1: to our joining together in Verdict. We've been doing it
3:02
Speaker 1: now just about three years and it's been great. Fund
3:05
Speaker 1: The podcast was the number one ranked podcast in the world,
3:09
Speaker 1: and it has been a tremendous experience of really trying
3:14
Speaker 1: to take people behind closed doors, behind the curtain and
3:19
Speaker 1: to understand what's really going on. What's going on in
3:21
Speaker 1: the United States Senate, what's going on in the Capitol,
3:24
Speaker 1: what's going on in the White House, what's going on
3:26
Speaker 1: with foreign policy, what's going on with the economy, What
3:29
Speaker 1: does all this stuff mean, and it's been you know.
3:32
Speaker 1: We launched the podcast January three years ago, and it
3:38
Speaker 1: was the very first night of the first impeachment trial,
3:43
Speaker 1: and I spent the whole day on the Senate floor
3:46
Speaker 1: as one of one hundred jurors in the impeachment trial.
3:50
Speaker 1: And the trial wrapped up about midnight one in the morning,
3:53
Speaker 1: and so I jumped at a truck and headed over
3:55
Speaker 1: to the studio and recorded the very first episode of
3:58
Speaker 1: Verdict that night. We put it out immediately, and we
4:03
Speaker 1: did that every single night of the impeachment trial, and
4:06
Speaker 1: it became real time commentary analysis explaining what's going on,
4:12
Speaker 1: what is this all about? And you know, part of
4:15
Speaker 1: the vision of the podcast was to have real substance.
4:19
Speaker 1: I remember early on discussions and Verdict, some of the
4:22
Speaker 1: team it was helping produce produce it said, well, dumb
4:25
Speaker 1: it down a little more, it's too complex. And I
4:29
Speaker 1: pressed back on that. I said, look, people don't want dumb.
4:32
Speaker 1: They do want understandable. They want to know what you're
4:35
Speaker 1: talking about. And the analogy I use is if you
4:38
Speaker 1: go to the doctor and you've got some horrible disease,
4:41
Speaker 1: you don't want the doctor to say, well, then you
4:43
Speaker 1: got a boo boo. I mean, you want the doctor
4:45
Speaker 1: to tell you, Okay, what's going on, tell me what
4:48
Speaker 1: it is, but you don't want the answer to have
4:49
Speaker 1: a bunch of medical jargon that you have to have
4:52
Speaker 1: a medical degree to understand. So what we've tried to
4:54
Speaker 1: do with Verdict is do the same thing. Take complex
4:57
Speaker 1: issues and explain their real substance, but in a way
5:01
Speaker 1: that you don't have to be an expert on any
5:03
Speaker 1: of it to get it and know that's what's going on.
5:06
Speaker 1: And I'm really excited you and I are going to
5:08
Speaker 1: be doing that now three times a week for people
5:10
Speaker 1: that may not have listened to your podcasts. This is
5:13
Speaker 1: one of the best things about your your communications team
5:16
Speaker 1: and your staff. You've made it easy. I was honored
5:19
Speaker 1: and blessed to be with you in Vegas and got
5:21
Speaker 1: to speak at your rally in Vegas on this bus
5:23
Speaker 1: tour that you're doing, and I want to get into
5:25
Speaker 1: that in a second, but we've made it easy for
5:27
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5:32
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5:34
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Speaker 1: link to the podcast and then you can subscribe for free,
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5:51
Speaker 1: put an episode out. So it's easy to do. You
5:55
Speaker 1: can text the word Verdict to the number two four
6:00
Speaker 1: zero zero five. Again, that's just the word Verdict to
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Speaker 1: two four zero zero five and what you get back
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Speaker 1: how you want to download the podcast. It just makes
6:14
Speaker 1: it very easy for you to do it. It's the
6:17
Speaker 1: easiest way to grab it, and again you can do it.
6:19
Speaker 1: You can also tell Serial Alexa play Verdict with Ted
6:22
Speaker 1: Cruz and it will do it automatically. One of the
6:25
Speaker 1: things that I'm really excited about Center with us getting
6:28
Speaker 1: to work together and do this is it's going to
6:30
Speaker 1: give you an unfiltered place to go and respond to
6:36
Speaker 1: some news when it whether it be foreign policy domestic policy,
6:42
Speaker 1: are also issues that a lot of people I think
6:45
Speaker 1: have been confused about. And I bring that up because
6:48
Speaker 1: there was a hit piece and that's the only thing
6:50
Speaker 1: I know to call It is a hit piece that
6:54
Speaker 1: was put out by a conservative website where they said
6:59
Speaker 1: that you had basically abandoned your values. This was I
7:04
Speaker 1: think about a week ago, and my phone blew up
7:07
Speaker 1: from people that knew that we knew each other, and
7:10
Speaker 1: also it just blew up from people that were saying,
7:13
Speaker 1: why did he sell us out on this quote? You
7:16
Speaker 1: know liberal bill that was gonna not it was gonna
7:19
Speaker 1: protect big tech and not actually hold them accountable for
7:22
Speaker 1: censoring and silencing conservatives. And it was actually the complete
7:27
Speaker 1: opposite of that. The reality was You're amendment that you
7:30
Speaker 1: put in was backed by some of the most conservative organizations,
7:34
Speaker 1: including The Washington Times, Newsmax. The list genuinely goes on
7:38
Speaker 1: and on. But I want to talk about why did
7:41
Speaker 1: Breitbart come after you that way and try to hit
7:44
Speaker 1: you this way and explain that for listeners because it's
7:47
Speaker 1: important I think they hear from you that their attack
7:50
Speaker 1: on you was a flat out just in my opinion,
7:52
Speaker 1: both faced lie. Yeah, Look, I'm happy to and and
7:56
Speaker 1: it's a good example of some of the substance of
7:58
Speaker 1: battles that are going on day in the Senate. So
8:01
Speaker 1: this all started about a month ago in the Senate
8:04
Speaker 1: Judiciary Committee, and we were marking up a bill that
8:08
Speaker 1: Amy Klobuchar had introduced along with John Kenny. Kennedy Amy
8:12
Speaker 1: as a Democrat from Minnesota, John as you know, as
8:14
Speaker 1: a Republican from Louisiana. The bill they introduced is called
8:18
Speaker 1: the Journalism Competition Protection Act, and what it's designed to
8:22
Speaker 1: do is help smaller media outlets, small local TV stations,
8:28
Speaker 1: local newspapers, help them fight back against big tech. So
8:33
Speaker 1: what big tech does right now is it takes their content.
8:36
Speaker 1: It takes a story your hometown paper rights, it takes
8:39
Speaker 1: a story your hometown TV station puts up, and big
8:43
Speaker 1: Tech puts it out there, doesn't pay them a penny.
8:46
Speaker 1: So the local paper, the local TV station spent lots
8:50
Speaker 1: of money producing that story. They don't get a penny.
8:52
Speaker 1: Big Tech puts it out there on the Internet, and
8:55
Speaker 1: then big Tech runs lots of ads and they make
8:57
Speaker 1: all the money advertising on the content the small local
9:02
Speaker 1: journalists produced. And so the little guys are really ticked
9:06
Speaker 1: off about it. And what this bill does is it
9:09
Speaker 1: allows smaller media outlets to join together and bargain collectively,
9:15
Speaker 1: and it gives them an exemption from the antitrust laws
9:18
Speaker 1: to bargain correct collectively with Big Tech. Australia passed a
9:24
Speaker 1: very similar law and the effect of it. Big Tech
9:26
Speaker 1: hated it. They screamed, they said it was terrible. And
9:29
Speaker 1: after it passed, Big Tech started paying these smaller local
9:32
Speaker 1: journalists outlets money for their stories and so it had
9:36
Speaker 1: a real success record in Australia. Now, when it came
9:41
Speaker 1: up for the market Markup, I was genuinely conflicted on it.
9:45
Speaker 1: I think Big Tech is one of the most malevolent
9:48
Speaker 1: evil forces on the planet. I think they abuse their power,
9:51
Speaker 1: and I'm just about always interested in any effort to
9:55
Speaker 1: weaken or strip away power from Big Tech. What I
9:58
Speaker 1: said at the Markup, however, is that my number one
10:01
Speaker 1: concerned with Big Tech his censorship. I think they blatantly
10:04
Speaker 1: censor conservatives. I think they abused their power, and they're
10:07
Speaker 1: getting worse and worse and worse. And at the Markup
10:10
Speaker 1: I offered an amendment, and it was an amendment that
10:13
Speaker 1: prohibited big Tech from colluding with local media to censor anybody,
10:19
Speaker 1: to censor conservatives, to silence conservatives, to shadow band conservatives,
10:23
Speaker 1: to throttle conservatives, and it created an exception. Well what
10:27
Speaker 1: happened is My amendment passed at the markup because all
10:32
Speaker 1: the Republicans voted for it, even John Kennedy, who was
10:35
Speaker 1: a sponsor to the bill. John is a good friend.
10:37
Speaker 1: He voted for it, said he thought it was a
10:38
Speaker 1: great idea, and the Democrats screwed up. One of the
10:42
Speaker 1: Democrats was missing that day, John oss Off from Georgia,
10:45
Speaker 1: was in India and he had gotten COVID so he
10:48
Speaker 1: wasn't physically there and he had not left a proxy
10:52
Speaker 1: to vote. You can tell your staff how you want
10:54
Speaker 1: to vote on a bill, but he hadn't done that,
10:56
Speaker 1: so we voted on it. They're eleven Republicans, eleven Democrats
11:00
Speaker 1: on the committee. Because Ausoff was missing, My amendment passed
11:04
Speaker 1: eleven to ten. And people were shocked. They were stunned.
11:08
Speaker 1: And Amy Klobuchar said, after hearing will of this amendments
11:12
Speaker 1: in here, I can't support my own bill and I
11:14
Speaker 1: withdraw it and listen, I've been serving ten years in
11:17
Speaker 1: the Senate. I've never seen that happen. Yeah, I won't
11:20
Speaker 1: vote from my own I won't vote from my own bill.
11:23
Speaker 1: That's something you don't hear every day. It was. It
11:27
Speaker 1: was an amazing moment. Well, What happened after that as
11:30
Speaker 1: Amy came to me and said, listen, is there a
11:33
Speaker 1: way we could work together on this? And I said, Amy,
11:36
Speaker 1: my view is the same as I said at the
11:37
Speaker 1: mark Up. If you include a prohibition on censorship, I'm
11:42
Speaker 1: for it. If you don't, I'm against it. And Amy
11:45
Speaker 1: and I sat down at a table together and wrote
11:48
Speaker 1: an amendment. We wrote a new amendment, but it contained
11:51
Speaker 1: an explicit carve out, and it says, the antitrust exemption
11:55
Speaker 1: will not apply to any censorship, any efforts to throttle,
11:59
Speaker 1: any effort to shadow band, anything that is restricting a
12:04
Speaker 1: post based on content. It is the first meaningful prohibition
12:10
Speaker 1: on big tech censorship that has ever been drafted. If
12:13
Speaker 1: this becomes law, it will be the first meaningful prohibition
12:16
Speaker 1: that's ever become federal law. At the Markup, Amy accepted
12:20
Speaker 1: my amendment word for word, and so I voted for
12:23
Speaker 1: the bill, and the bill passed with a pretty sizable margin.
12:27
Speaker 1: So I thought it was a great victory. Big tech
12:29
Speaker 1: hated the bill, and it was the first time we
12:31
Speaker 1: were going to do something meaningful to stop censorship. Or
12:34
Speaker 1: what happened is Brightbart wrote a really nasty hit piece
12:38
Speaker 1: of actually a series of hit pieces. And the fascinating
12:42
Speaker 1: thing that was not evident for many of the hit pieces,
12:44
Speaker 1: and they didn't bother to tell their readers the reason
12:47
Speaker 1: Brightbart is mad is Brightbart has a sweetheart deal with
12:51
Speaker 1: big tech where they get a lot of revenue that
12:54
Speaker 1: no other conservative publisher gets. So among the people who
12:58
Speaker 1: were asking us to pass this were Newsmax, The Daily Caller,
13:03
Speaker 1: the Washington Examiner, all of these right wing outlets that
13:07
Speaker 1: very much wanted this to pass because it's critical to
13:12
Speaker 1: their being able to survive. And all of them, by
13:15
Speaker 1: the way, wrote offense and editorial saying what a fantastic
13:19
Speaker 1: victory it was for conservatives. But because Brightbart is making
13:23
Speaker 1: a whole bunch of money on the status quo, and
13:25
Speaker 1: I guess they don't want other conservative outlets to be
13:27
Speaker 1: able to do the same, they decided to write what
13:30
Speaker 1: I thought was an incredibly dishonest hit piece, and it
13:34
Speaker 1: confused a lot of people, and it went viral. And
13:36
Speaker 1: I think that's one of the things that's scary about
13:38
Speaker 1: social media is how quickly things can go viral. And
13:42
Speaker 1: I said this even before you and I talked, I said,
13:44
Speaker 1: you got to realize there's only one place that in
13:46
Speaker 1: the conservative movement right now that's attacking Ted Cruz, and
13:49
Speaker 1: it's Brightbart. Think about that. All the others right are
13:53
Speaker 1: actually lobbying for this bill that you guys put together
13:58
Speaker 1: that Big Tech genuinely did not like. And I do
14:02
Speaker 1: think there were some and you mentioned it, Democrats understood, Hey,
14:05
Speaker 1: this can work both ways. Right, you get out of
14:07
Speaker 1: line and things can go the wrong way very quickly.
14:10
Speaker 1: And this is one of the things I think it's
14:12
Speaker 1: so important about your podcast what you just did. Giving
14:16
Speaker 1: a deep dive into the actual bill, how it's being made,
14:20
Speaker 1: where this, how this got from point A to point B,
14:22
Speaker 1: is maybe one of the most important things that you
14:25
Speaker 1: get to do with Verdict this podcast, and I say
14:28
Speaker 1: it again to everybody listening, make sure you download it
14:31
Speaker 1: auto subscribe to it because it's gonna it's an amazing
14:34
Speaker 1: podcast that we're expanding to to three days a week.
14:37
Speaker 1: All right. I want to get to the Hunter Biden
14:39
Speaker 1: story and get your take on this center. But before
14:41
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16:18
Speaker 1: I want to get into the other big story about
16:20
Speaker 1: Hunter Biden and some of the breaking news with Hunter Biden.
16:24
Speaker 1: It specifically deals with the FEDS that are now saying,
16:27
Speaker 1: all right, we might charge him with some crimes. I
16:29
Speaker 1: am worried now that they're going to charge him, which
16:34
Speaker 1: is basically the equivalent of a slap on the risk,
16:37
Speaker 1: hoping they don't have to deal with all the other
16:39
Speaker 1: crimes that he may have committed from his own words,
16:43
Speaker 1: from his own emails, from his own laptop, from Tony
16:45
Speaker 1: bob Olinsky, and even more the information that he devoltes
16:48
Speaker 1: this week on Fox News Channel, we keep seeing more
16:52
Speaker 1: and more come out, and now it's almost like we
16:54
Speaker 1: see this weird last minute adjustment where it's like a
16:58
Speaker 1: rush to charge him with the bare minimum crimes and
17:02
Speaker 1: maybe not all of the things he's been involved with.
17:05
Speaker 1: How concerned are you over this? Because this has been
17:07
Speaker 1: several years they've been sitting on this, and now we're
17:10
Speaker 1: starting to hear this. Okay, let's run to the finish line.
17:14
Speaker 1: We might charge him with tax crimes. We might fall
17:17
Speaker 1: him with a false gun statement, a false statement. That's it.
17:20
Speaker 1: I mean that if you look at his emails, that
17:23
Speaker 1: is like the best case scenario if you're Hunter Biden.
17:26
Speaker 1: Am I wrong? Yeah? You're not wrong. As I look
17:30
Speaker 1: at it, I think it is good news and bad
17:32
Speaker 1: news and good news and baddos. So what does that mean?
17:35
Speaker 1: It's good news because look, at least if the reports
17:38
Speaker 1: are true, they're gonna hold Hunter Biden accountable for something.
17:41
Speaker 1: And at this point, the list of crimes he's committed,
17:44
Speaker 1: it committed is pretty incredible. I'm glad to see him
17:47
Speaker 1: if he is in fact indicted and prosecuted, and I'm
17:49
Speaker 1: glad to see the law holding him to account. That's
17:53
Speaker 1: that's that's worthwhile. The bad news is exactly what you
17:57
Speaker 1: said that it sure looks like they're trying to pick
18:00
Speaker 1: a couple of minor crimes to avoid prosecuting him for
18:05
Speaker 1: the much more serious corruption. Look the stuff, they're the
18:08
Speaker 1: videos that we've all seen of him with crack cocaine,
18:11
Speaker 1: waiting around a god with prostitutes. I mean, on the
18:14
Speaker 1: face of it, you've got multiple felony that this rocket
18:17
Speaker 1: sciences videos and self committing. If you and I had
18:20
Speaker 1: done that, the popo come knock on the door and
18:23
Speaker 1: take us away. But you know if your Biden's son,
18:27
Speaker 1: apparently that didn't apply. It does sure feel like these
18:34
Speaker 1: are the charges they're looking at, because they don't want
18:36
Speaker 1: to look at the corruption of Barisma, the Ukrainian natural
18:40
Speaker 1: gas company paying him eighty three thousand dollars a month
18:45
Speaker 1: despite the fact that he didn't speak the language, you
18:47
Speaker 1: knew nothing about oil or gas, and it was it
18:50
Speaker 1: seemed pretty obviously a payoff because his father was vice president.
18:54
Speaker 1: They don't want to look at the Chinese corruption of
18:56
Speaker 1: the Chinese investing billions in his venture, is paying him millions.
19:01
Speaker 1: They certainly don't want to look in into ten percent
19:04
Speaker 1: for the big guy and the stuff that really goes
19:07
Speaker 1: to the heart of the corruption. That's bad news. If
19:09
Speaker 1: that's a cover up, I will say, I told you
19:13
Speaker 1: good news, bad news, good news, and bad news. The
19:15
Speaker 1: good news also the fact that they're leaking this and
19:19
Speaker 1: are expected to do the indictment now shows that DOJ
19:23
Speaker 1: and Biden are worried that they are perceived as too
19:27
Speaker 1: political and abusing DJ and the FBI. Now, they are,
19:31
Speaker 1: of course too political, and they're brazenly abusing DOJ and
19:35
Speaker 1: the FBI. But usually the Department of Justice has a
19:38
Speaker 1: protocol in place that they don't bring a high profile
19:42
Speaker 1: political indictment the month before an election, and so the
19:46
Speaker 1: fact that they're proceeding now I think shows that they're
19:49
Speaker 1: really scared. The voters in November are kicked off at
19:52
Speaker 1: a bunch of politicized, weaponized federal agents being turned into
19:57
Speaker 1: the stormtroopers for the DMC. That's good news that they're scared,
20:01
Speaker 1: But here's the real bad news. I think the reason
20:05
Speaker 1: why they are contemplating and they may well go through
20:08
Speaker 1: with indicting Hunter Biden on something is they want to
20:12
Speaker 1: use that to say, on the one hand, we in
20:14
Speaker 1: Hunter Biden. Now, on the other hand, left invite Donald Trump.
20:18
Speaker 1: And I see this as foreshadowing that these wild eyed
20:23
Speaker 1: partisans are are getting ready to try to bring an
20:26
Speaker 1: indictment against Donald Trump, and I think that would be
20:28
Speaker 1: a wild abuse of power if they do. So. Let
20:32
Speaker 1: me ask you, there are so many people that say,
20:35
Speaker 1: all right, if Republicans get back the House and Senate,
20:39
Speaker 1: you're on your bus tour right now. And I want
20:42
Speaker 1: you to talk a little bit about the bus tour
20:44
Speaker 1: and why you're doing it, But I want to connect
20:45
Speaker 1: it to the payoff. And the payoff is if Republicans
20:49
Speaker 1: get back control of the House and Senate, are we
20:51
Speaker 1: going to whuss out or were we going to actually
20:54
Speaker 1: look at this laptop? Are we going to actually look
20:56
Speaker 1: at the abuse of power? Are we going to actually
20:58
Speaker 1: look at the the I call it the Biden crime
21:01
Speaker 1: family for a reason, James Biden, Joe Biden, Hunter Biden.
21:05
Speaker 1: Are we gonna look at all of these things? Or
21:07
Speaker 1: are they going to get away with it again? Because
21:09
Speaker 1: there's certainly a feeling out their center by so many
21:12
Speaker 1: concerns that feel like every time we get power, we
21:15
Speaker 1: screw it up and we don't actually do our jobs.
21:18
Speaker 1: So what does it look like if you guys get
21:20
Speaker 1: back control of the Senate and Republicans with Jim Jordan
21:23
Speaker 1: and comer get back the House. What actually happens and changes? Well,
21:29
Speaker 1: I think it will change dramatically, and there are lots
21:32
Speaker 1: of ways in which it changes. One of the most
21:34
Speaker 1: important as oversight, the ability to convene hearings, the ability
21:37
Speaker 1: to issue subpoenas, the ability to interview witnesses, the ability
21:42
Speaker 1: to drill down and get the facts right now, the
21:46
Speaker 1: Democrats have the gabbles in both houses. That means they're
21:49
Speaker 1: the only ones that can call a hearing, they're the
21:51
Speaker 1: only ones that can issue a subpoena, and they have
21:53
Speaker 1: no interest in oversight on anything Biden is doing, any
21:57
Speaker 1: of the corruption, any of the terrible policies, one of
22:00
Speaker 1: this they want to look at. I believe it's very
22:03
Speaker 1: likely we're going to win back both the House and
22:05
Speaker 1: the Senate, and if and when we do so, I'll
22:08
Speaker 1: tell you what I'm going to be urging, my colleague,
22:10
Speaker 1: is that we have vigorous oversight and every one of
22:13
Speaker 1: the issues you mentioned that we have vigorous oversight into
22:16
Speaker 1: also big public policy issues like Mike COVID, the origin
22:21
Speaker 1: of COVID, the Wuhan Institute of Barology, the NIH's funding
22:25
Speaker 1: of gain of function research, doctor Fauci's repeated false statements
22:30
Speaker 1: under Owes to Congress that the blatant corruption within this
22:36
Speaker 1: administration with big Pharma on the backs of COVID, I
22:41
Speaker 1: think that needs serious systematic examination. Whether that happens will
22:47
Speaker 1: depend on the chairman of various committees. You mentioned Jim Jordan.
22:51
Speaker 1: If we retake the House, and it is very likely
22:53
Speaker 1: that will retake the House, Jim Jordan will be the
22:56
Speaker 1: Chairman of the House Judiciary Committee. Jim is a close friend,
22:59
Speaker 1: He's a strong conservative. I have every confidence Jim is
23:03
Speaker 1: going to be vigorous on this front. If we retake
23:07
Speaker 1: the Senate, I am next in line to be Chairman
23:10
Speaker 1: of the Commerce Committee. I can promise you from that chairmanship,
23:14
Speaker 1: I intend to be vigorous in oversight of this administration.
23:18
Speaker 1: I think that is a big, big deal, and I
23:20
Speaker 1: hope every chairman in both the House and Senate uses
23:24
Speaker 1: the full force and powered authority of the United States
23:27
Speaker 1: Congress to hold this administration accountable. Let's talk about Commerce
23:31
Speaker 1: for a second, my guests, Tomy is a US center
23:34
Speaker 1: from Texas. Ted Cruz. He is. Now I get to
23:36
Speaker 1: say this. I'm gonna it's gonna be fun to say
23:38
Speaker 1: for hopefully a very long time. My coast on his
23:42
Speaker 1: podcasts Verdict with Ted Cruz. Make sure you download Verdict
23:46
Speaker 1: wherever you get your podcasts. So let's dive deep into
23:49
Speaker 1: the how big of a deal it is if you
23:52
Speaker 1: become the chairman of Commerce Committee. What is the responsibility
23:56
Speaker 1: of Commerce Committee, Why is it so powerful in Washington,
23:59
Speaker 1: and what can be done in that role. So the
24:03
Speaker 1: committee is called the Senate Committee on Commerce, Science, and Transportation,
24:09
Speaker 1: and so it has jurisdiction. I'll just read you what
24:12
Speaker 1: the committee has jurisdiction over. It has jurisdiction over the
24:15
Speaker 1: coast Guard, over coastal zone management. Over all communications, so
24:19
Speaker 1: the SCC, televisions, telephones, the Internet, all communications. It has
24:25
Speaker 1: jurisdiction over highway safety, inland waterways, interstate commerce, marine and
24:31
Speaker 1: ocean navigation, marine fisheries, merchant marine and navigation, non military,
24:37
Speaker 1: aeronautical and space sciences, so all of space, all of
24:40
Speaker 1: NASA oceans, weather, and atmospheric activities, the Panama Canal. Regulation
24:47
Speaker 1: of consumer products and services, including testing relating to toxic substances.
24:53
Speaker 1: Regulation of interstate common carriers and that includes railroads, that
24:57
Speaker 1: includes buses, trucks, vessels, pipeline and civil aviation, all airlines,
25:03
Speaker 1: science engineering, technology research, sports. Regulation of sports squarely within
25:09
Speaker 1: the Committee's jurisdictions. Standards of measurement, transportation, and transportation and
25:14
Speaker 1: commerce on the outer kept Continental Shelf lands. That's the
25:18
Speaker 1: jurisdiction of the committee. It's about fifty percent of the
25:21
Speaker 1: American economy that falls under the jurisdiction of the Commerce Committee.
25:26
Speaker 1: It's obviously very very very important, to say the least,
25:30
Speaker 1: when you look at everything that's on there, and that's
25:32
Speaker 1: what's up for grab in these midterms. Let's go to
25:35
Speaker 1: the bus tour for a minute. Center. You're not up
25:38
Speaker 1: for reelection in this midterm, but what you have done
25:41
Speaker 1: has quickly committed yourself to making sure that other Conservatives
25:46
Speaker 1: are getting elected to Congress. You understand how important it is,
25:50
Speaker 1: I think as a team to make sure you have
25:52
Speaker 1: the majority come November. Are really come January, but win
25:55
Speaker 1: in November in the House and the Senate. And that's
25:58
Speaker 1: why you're busing, barnstorming all over the country to help
26:03
Speaker 1: others get elected. I think it's incredible work that you're doing.
26:06
Speaker 1: Talk a little bit about the bus tour and how
26:08
Speaker 1: people can find out more. Well. The bus tour has
26:11
Speaker 1: been phenomenal. We are nine days into the bus tour.
26:14
Speaker 1: We launched it just over a week ago, and my
26:17
Speaker 1: objective is twofold number one retake the House and Senate,
26:20
Speaker 1: which I think we have an historic opportunity to do
26:23
Speaker 1: this election. But number two, I want to see strong
26:26
Speaker 1: principal conservatives elected so that once we have majorities, we
26:30
Speaker 1: do something with it. We follow through on our promises.
26:33
Speaker 1: So the bus tour is a month long and it's
26:37
Speaker 1: a seventeen state tour. We're doing thirty five stops all
26:41
Speaker 1: over the country. So we started in tom Ball, Texas,
26:44
Speaker 1: which is just north of Houston. Did a big rally there.
26:47
Speaker 1: We went down to the Rio Grand Valley. We did
26:49
Speaker 1: rallies in McCallan, Texas, and Harlingen, Texas, and Laredo, Texas.
26:53
Speaker 1: From there, we went to New Mexico, did a big
26:56
Speaker 1: rally into Mexico. Then we went to Arizona. Two rallies
26:59
Speaker 1: in Area Zona one and Tucson one just outside of Phoenix.
27:02
Speaker 1: Then we went to Nevada. Did a rally in Vegas
27:05
Speaker 1: for two congressional candidates. You joined us for that, a
27:08
Speaker 1: great opportunity to retake both the Senate and to win
27:13
Speaker 1: three House seats in Nevada. From there, went to Utah,
27:17
Speaker 1: did a big rally for Mike Lee. He'd got a
27:20
Speaker 1: very important Senate race in Utah, and after Utah in
27:24
Speaker 1: Utah right now. After that, we're headed to Kansas, Missouri, Iowa, Ohio, Pennsylvania, Virginia,
27:35
Speaker 1: North Carolina, Tennessee, Georgia, Florida, and then back up to Michigan,
27:42
Speaker 1: to Wisconsin and back down to Texas the day before
27:45
Speaker 1: election day to close out the tour. It's so important
27:49
Speaker 1: that we get the right people elected. And I do
27:51
Speaker 1: think Senator one of the problems we've seen is there's
27:54
Speaker 1: been a lot of distractions going into this midterms. People
27:58
Speaker 1: trying to talk about January where six people trying to
28:01
Speaker 1: talk about Donald Trump Tree. We're trying to make this
28:03
Speaker 1: election about Donald Trump. And I think one of the
28:06
Speaker 1: things that is that the reason why you've kind of
28:09
Speaker 1: seen the numbers go back in favor of Republicans over
28:14
Speaker 1: the last week week and a half is it seems
28:16
Speaker 1: like a lot of conservatives are going back to the basics,
28:20
Speaker 1: which is exactly what they should be talking about. They
28:22
Speaker 1: should be talking about the economy, they should be talking
28:25
Speaker 1: about energy independence, they should be talking about foreign policy.
28:30
Speaker 1: And that brings me to this foreign policy I call
28:33
Speaker 1: it a blunder, and I want to get your reaction
28:35
Speaker 1: to Scott Kirby today try to go on TV and
28:38
Speaker 1: clean up Joe Biden warning the world, warning America of
28:43
Speaker 1: a nuclear armageddon amid Putin's threats. And this is what
28:46
Speaker 1: he said on ABC this week, Folksman, John Kirby, Good morning, John.
28:51
Speaker 1: Let's start with President Biden's comments saying we are facing
28:54
Speaker 1: the potential of a nuclear armageddon. I know the White
28:57
Speaker 1: House has said these are consistent with comments it's used
29:00
Speaker 1: in the past, but he's never said anything quite as
29:03
Speaker 1: stark as this. So as the president, right, are we
29:06
Speaker 1: facing a potential nuclear armageddon? The President was reflecting the
29:12
Speaker 1: very high stakes that they're in play right now, Martha,
29:15
Speaker 1: when you have a modern nuclear power and the leader
29:18
Speaker 1: of that modern nuclear power willing to use irresponsible rhetoric
29:22
Speaker 1: the way that mister Putin has several times in just
29:25
Speaker 1: the last week or two, as well as the high
29:29
Speaker 1: tensions in Ukraine over just of course of the last
29:32
Speaker 1: few days. So the President, I think was accurately reflecting
29:35
Speaker 1: the fact that the stakes are very high right now. Senator,
29:38
Speaker 1: you've been briefed, You get national security issues across your desk,
29:41
Speaker 1: you get i'm sure classified briefings along the way, as well,
29:45
Speaker 1: you hear the White House now saying in Biden warning
29:47
Speaker 1: we got a nuclear armageddon amid these putin threats, and
29:50
Speaker 1: then you got Kirby going out there trying to somewhat
29:52
Speaker 1: clean it up without saying the President spoke out of line.
29:55
Speaker 1: This is absurd. Let's go back to reality. What is
29:58
Speaker 1: your reaction having the president it's America. I clearly think
30:01
Speaker 1: that's a political ploy right before the election saying hey,
30:04
Speaker 1: I'm saving you, I'm protecting you. The Democrats are great,
30:07
Speaker 1: and there's armageddon. You don't want to switch and a
30:09
Speaker 1: Republican's in charge. Now, how shocked are you by this,
30:13
Speaker 1: these statements in the White House? You know, sadly, I'm
30:17
Speaker 1: not not shocked at all. There are a couple of
30:20
Speaker 1: things going on. Number one, everybody knows now that this
30:23
Speaker 1: president is wildly diminished in terms of his mental capacity.
30:29
Speaker 1: He's seriously unable to stay engaged, and so he says
30:34
Speaker 1: things every single day the White House has to send
30:37
Speaker 1: out staff to clean up something Biden said, you know,
30:41
Speaker 1: it's the old clean up on Aisle six. That that's
30:43
Speaker 1: what what Biden is doing. He just shoots off his mouth.
30:46
Speaker 1: He doesn't you know, this is a guy that shakes
30:48
Speaker 1: hands with the empty air. He's not. I've known Joe
30:51
Speaker 1: Biden a long time. He was vice president when I
30:53
Speaker 1: was first elected. Joe swore me in ten years ago.
30:57
Speaker 1: He wasn't a rocket scientist, but he didn't have full
31:01
Speaker 1: on dementia. What we see now is really dangerous because
31:06
Speaker 1: nobody knows what he's going to say today or tomorrow
31:09
Speaker 1: or the next day. And that is not a good
31:11
Speaker 1: thing for the commander in chief. Now, put on top
31:13
Speaker 1: of that the reality that this administration on foreign policy
31:19
Speaker 1: has managed to get every single decision wrong for two years.
31:24
Speaker 1: They've made such a mess of it. The disturbing thing is, look,
31:29
Speaker 1: Biden is not crazily wrong. He is risky, nuclear armored
31:35
Speaker 1: to get and he's messed up foreign policy to the
31:38
Speaker 1: greatest extent since the Cuban missile crisis under JFK. And
31:44
Speaker 1: this is Biden's fault. He's causing the crisis. You know,
31:48
Speaker 1: before the election, Biden and all the Democrats said we
31:51
Speaker 1: need to put the adults back in charge of foreign policy. Well,
31:55
Speaker 1: I've got to say, these numbskull adults, they've surrendered to
31:57
Speaker 1: the Taliban. Every region of the earth on Earth is worse.
32:01
Speaker 1: Every enemy of America is stronger. They've abandoned and undermind
32:05
Speaker 1: our friends and allies. And what's utterly bizarre, the Biden
32:09
Speaker 1: policy is in many ways very simple on foreign policy.
32:13
Speaker 1: All of our friends, nations like Israel, nations like the
32:17
Speaker 1: United Kingdom, nations like Guatemala, nations like India. This administration
32:23
Speaker 1: goes out of their way to undermine, to ridicule, to
32:27
Speaker 1: attack Saudi Arabia. He said, We're gonna make Saudi Arabia pariah,
32:31
Speaker 1: despite the fact that the Saudis have been longtime allies
32:35
Speaker 1: of US. And on the flip side, the enemies of America,
32:39
Speaker 1: nations like China, Russia, Iran, North Korea, Venezuela, they bend
32:45
Speaker 1: over backwards to surrender, to to send billions of dollars
32:49
Speaker 1: to and the result is the chaos we have. You know,
32:54
Speaker 1: I hear Biden saying that my reaction is boy, that's
32:56
Speaker 1: the heck of an advertisement for the foreign polo See
33:00
Speaker 1: under Democrats brings you to the break of nuclear armageddon.
33:04
Speaker 1: That's really encouraging. My guest with me is a US
33:07
Speaker 1: Senator from Texas, Ted Cruise. I am now co hosting
33:12
Speaker 1: his podcasts with him Verdict with Ted Cruz in addition
33:16
Speaker 1: to this show. So if you've not download a Verdict,
33:18
Speaker 1: make sure you do it. And Senator, I want to
33:20
Speaker 1: ask you about the economy in just a moment. Before
33:23
Speaker 1: I get to that, I need to tell you about
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33:39
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34:39
Speaker 1: com center. Let's talk real quick about the economy. You
34:42
Speaker 1: look at the foreign policy blenders, you bring it back home.
34:46
Speaker 1: Even Larry Summers now from Harvard Kennedy School today he said,
34:52
Speaker 1: and this made me laugh a little bit. I believe
34:55
Speaker 1: if you look at the actual definition of recession, we're
34:58
Speaker 1: in it right now. Larry's Summers is letting you know
35:01
Speaker 1: how bad it's going to get by saying, well, it's
35:03
Speaker 1: not a recession yet. But listen, I think it's more
35:07
Speaker 1: likely than not that sometime in the next year or
35:10
Speaker 1: eighteen months we will have a recession. I think that's
35:14
Speaker 1: a that's a consequence of the excesses that the economy
35:19
Speaker 1: has been through, and historical experience suggests that the kind
35:26
Speaker 1: of inflation we have rarely returns to normal levels, to
35:32
Speaker 1: target levels of around two percent without some kind of recession. Now,
35:37
Speaker 1: I don't think that means we're going to have something
35:39
Speaker 1: like we had after COVID or something like we had
35:43
Speaker 1: during the financial crisis. But I do think that we
35:48
Speaker 1: had a period of very substantial stimulus, and I think
35:52
Speaker 1: the other side of that is likely to be a downturn.
35:56
Speaker 1: I love how it gives us explanation and says it's
35:59
Speaker 1: based of the people's fault when it's clearly the government's
36:02
Speaker 1: fault in the leadership of Joe Biden, the policies of
36:05
Speaker 1: Joe Biden that have gotten it's where we are. And
36:06
Speaker 1: the scary part is he's basically saying, all right, for
36:09
Speaker 1: the next two years, we're gonna be in a recession.
36:12
Speaker 1: I think that's not going to come out of it,
36:15
Speaker 1: probably anytime in the next eighteen months. But he refuses
36:19
Speaker 1: to put this at the doorstep of the Biden administration.
36:23
Speaker 1: And it's like he's not willing to tell you it's bad.
36:26
Speaker 1: He's gonna say it's gonna be bad in the future,
36:28
Speaker 1: but not right now because we've got to get through
36:29
Speaker 1: the election before I can tell you the truth. Well, look,
36:34
Speaker 1: I gotta say what Larry Summers has been saying is extraordinary.
36:37
Speaker 1: I mean, Larry Summers is someone who's been a Democrat
36:39
Speaker 1: his entire life. He was the Treasury Secretary under Bill Clinton,
36:44
Speaker 1: He was the director of the National Economic Council under
36:47
Speaker 1: Barack Obama. He was president at Harvard University. I mean,
36:50
Speaker 1: this guy is as much a Democrat as anyone on
36:54
Speaker 1: the planet, and yet he's one of the few Democrats
36:57
Speaker 1: who hasn't gone insane. There used to be rational Democrats.
37:02
Speaker 1: They used to exist in Washington. What's happened in the
37:04
Speaker 1: last two years is the Democrat Party has handed their
37:08
Speaker 1: agenda over to the cuckoo birds, to the radical left.
37:12
Speaker 1: And what Larry Summons has pointed out is said, look,
37:14
Speaker 1: you can't spend fourteen trillion dollars and not have runaway
37:19
Speaker 1: inflation when the government printing presses run twenty four hours
37:23
Speaker 1: a day printing trillions and trillions of dollars. Every dollar
37:27
Speaker 1: they print makes the dollar and your wallet or your
37:30
Speaker 1: bank account worth less because they're more dollars chasing the
37:33
Speaker 1: same goods. That has been basic economics one oh one
37:37
Speaker 1: for a long long time. And these socialists who are
37:42
Speaker 1: controlling the Democrat Party in Congress, in the Biden White House,
37:46
Speaker 1: they want to ignore that reality. You look at a recession,
37:49
Speaker 1: a long time definition of a recession is two consecutive
37:54
Speaker 1: quarters of negative GDP growth. Now, it is a fact, indisputable.
37:59
Speaker 1: At the last two quarters we have had negative GDP growth.
38:05
Speaker 1: This White House is so craved and cynical they sent
38:08
Speaker 1: out their mouthpieces to say, we're changing the definition of
38:12
Speaker 1: recession so it's no longer two negative quarters of economic growth.
38:17
Speaker 1: It's whatever this committee of expert says it is, as
38:20
Speaker 1: long as it's not right now. And really what they're
38:23
Speaker 1: saying is we're just not going to call it a
38:24
Speaker 1: recession because we got an election coming up. Recession, in
38:28
Speaker 1: their book, is only something that happens when Republicans are
38:31
Speaker 1: in charge. I gotta say it's ridiculous. I'm glad Larry
38:34
Speaker 1: Summers is one of the few people with the guts
38:37
Speaker 1: to say, of course, the high cost you're paying at
38:41
Speaker 1: the grocery store and the gas pump and everywhere else
38:45
Speaker 1: is the result of this wild spending spree from the Democrats.
38:49
Speaker 1: It is nice at least see some sort of reality
38:52
Speaker 1: check their Senator. This is going to be really fun
38:55
Speaker 1: for people that are listening right now. Make sure you
38:58
Speaker 1: download the Senator podcast Verdict with Ted Cruz wherever you
39:02
Speaker 1: get your podcasts. We're going to be doing this three
39:05
Speaker 1: days a week. I'm honored to be co hosting it
39:07
Speaker 1: with you. We're going to give you breaking news, deep
39:10
Speaker 1: in depth analysis so you understand what's really going on
39:13
Speaker 1: behind the scenes, not just the headlines and center. Will
39:17
Speaker 1: you tell people again, if they want to get that
39:19
Speaker 1: text message, they can easily download the show and get
39:23
Speaker 1: that link. How do they do that? You text the
39:27
Speaker 1: word verdict to the number two four zero zero five. Again,
39:32
Speaker 1: the number is two four zero zero five, and you
39:36
Speaker 1: text the word verdict and you'll get a link right
39:38
Speaker 1: back that lets you subscribe right there from your phone.
39:41
Speaker 1: And if you want to see the center out on
39:43
Speaker 1: the bus tour do an amazing work getting conservatives elected,
39:47
Speaker 1: you can go to the website see what other places
39:50
Speaker 1: are on there, other towns and cities. We got a
39:53
Speaker 1: lot more still left on that last center. How do
39:55
Speaker 1: they find out where you're going to be next? So
39:58
Speaker 1: the website is piece see bustour dot com again, that's
40:03
Speaker 1: tcbustour dot com and it's really cool. It has an
40:07
Speaker 1: interactive map where it shows you all of the stops
40:11
Speaker 1: that we've got coming up for the next months traveling.
40:13
Speaker 1: So if you're in any of those seventeen states, you
40:16
Speaker 1: can go there find out when we're there, and we're
40:18
Speaker 1: doing rallies and every one of those states with Senate candidates,
40:21
Speaker 1: with House candidates. The rallies have been incredible. We're seeing
40:25
Speaker 1: packed houses, lots of energy, people just really energized to
40:29
Speaker 1: show up and take our country back. And you can
40:32
Speaker 1: sign up on the website and get free tickets right
40:35
Speaker 1: there and have a lot of fun. See some incredible
40:37
Speaker 1: candidates would love for you to come out, come out
40:39
Speaker 1: on the road with us. Senator I appreciate it as
40:42
Speaker 1: always going to be a lot of fun. Download Verdict,
40:45
Speaker 1: grab it, and it's gonna be three days a week.
40:48
Speaker 1: We'll be doing this at least three days a week,
40:50
Speaker 1: and it's gonna be a lot of fun. So thanks
40:52
Speaker 1: for coming on my show helping break this news and
40:55
Speaker 1: uh and for everybody listening. Grab the podcast Verdict with
40:59
Speaker 1: Ted CRUs right now, wherever you get your podcasts and
41:01
Speaker 1: center is always pleasure and I have a feeling we'll
41:03
Speaker 1: be doing this a lot more often