Justice Stephen Breyer heads for the exits before the midterm elections; Joe Biden considers which black woman to pick; and the Federal Reserve announces it will raise interest rates soon.
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This is an unofficial transcript meant for reference. Accuracy is not guaranteed.
Justice, Stephen Briar heads for the exits before the mid term elections. Joe Biden considers which black woman to pick and the Federalist
nerve announces a will, raise interest rates soon, I'm bench purposes. The bench Barroso
the nation
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learning more already so yesterday. Justice still
in Briar, announced that he would be leaving.
the Supreme Court at the end of the current term, but
he really didn't announce it there's just sort of an
for him, and apparently he was kind of ticked about all of this. There are multiple report yesterday that he had plans on announcing this, but it sort of leaked before he was ready, for it
according to Shannon Bream, according to bright bards, icon menu
words indicated the briar was surprised and caught off guard about the announcement
Now the briar nor the Supreme Court has issued a public announcement about his suppose. It retirement the White House in President Biden have refused to comment on the news, which was first reported by CNBC guidance.
There's been no announcement from justice prior. Let him make whatever Satan he's. Gonna make I'll be happy to talk about it later upon rumor
by May nominate Vice President Kabila Harris to the white until the Supreme Court White has press secretary, gents argues that you would not comment on any potential.
Nominees. Yours Jen Saki, yesterday's statement that you wouldn't answer. If, if Kamel Harris might be content,
killing her giant ride up were based on failure. I've never seen someone fail up as much as come layers
he's a veiled attorney general. She felt upward into this energy field upward from descended into the vice presidency and others talk. She may fail upward from the vice presidency into the Supreme Court. Just they can get rid of her, but she so bad.
Phoebe. Only Democrats can
However, as the nominees should Joe Biden go down the like, but just stick TAT lady over
Supreme Court shall be reliable, both for anything that we need in tertiary sucks it everything. But who cares about that? Here is genzaburo, refusing to answer the question yesterday when, throughout the
President, possibly being selected as a Supreme Court nominee, not speak to any considerations,
he is being considered again, Peter I'm not going to speak to the reports of a Supreme Court justice for it.
Ireland that hasn't been announced. Theoretically,
word, someone Lear radically I'll do like they practice, and I appreciate your just wondering where the rightly what someone who was attorney general of a large state and who served with many key Senate both be unattractive candidate to the present opens of reinforcing. I see it
did their Peter, but the president has every intention, as he said before, a running free reelection and for
for reelection with Vice President Harris on the ticket as his partner,
ok. So of course, that's probably right there
Economic Kamel Harris there. There are few complicating factor. First of all, a couple years is the Thai breaking vote should have to presumably risk
I'm from her seat, as vice president of the United States, in order to be considered for the Supreme Court, you'd have to select a nearby
President in adapting tapirs will be the typewriter because you'd have to not vote on her own nomination. So, that's really
ridiculous, an insane so it'll come. Let us not going be denominate. It is hilarious,
the left was so nervous about the twenty twenty two elections that they basically just bodily through Stephen Briar off the Supreme Court. So remember them.
With better Ginsburg,
The notorious army G heroines, the that than the
in that the left worshipped. I mean they may documentaries about her and they had vote of candles of her and she was the most important justice on the Supreme Court's by the fact that you really,
since all that important injustice in the grand scheme of things, you are very few
extraordinarily
important decisions over a ten year at the Supreme Court. You just reliable vote for left justice roof better Ginsburg made the
Shall error of thinking that Hillary Clinton is going to win the twenty sixteen election, and so she didn't stepped down. Despite some pressure to do so and then down.
on one and then route. Better Ginsburg seat was filled by Donald Trump, which meant that the court shifted
basically even to now a six three Supreme Court, because from got three peck
he was president of the United States and at least
Two of them were swings right. One was one was Ginsburg seat and one was
the disease reform for Justice Kennedy, so
you remember that route better Ginsburg died in September, twenty twenty, while Trump was president, she thought Hilary was going to be president and Hilary wasn't so that method
got your place. Her Democrats want to avoid that
time. Democrats also want to the situation they had when just
Scalia died because just Scalia died. Well, there was democratic.
But there was republican Senate and what they were afraid of here is that Briar would pass away.
or would leave while the Republicans control the Senate, Republicans could just prevent a democratic pick from taking the sea savings. Glitch denounced at foreign he's sitting
were there in the corner. He's like yeah I'll, probably know go whenever you shut your face, you're leaving now, which is why he's gonna pissed off
according to NBC News President Biden.
In Briar schedule to appear together at the White House on Thursday, as the Supreme Court Justice is set to announce his retirement briars. What?
the three remaining liberal justices his decision to retire after more than twenty seven years on the court allows by
appointing successor who could serve for decades in the short term, maintain the current six three split between conservative and liberal justices. Now again, this now swings e privacy
filled by somebody and left would just be a left see being filled by somebody on the left and eighty
We Briar is the court's oldest member, liberal activism.
in four months to retire while Democrats hold both the White House in the Senate and he's been pretty annoyed by the by the
pressure that has been getting from the outside,
apparently that pressure has been mounting over the course of months. There is an article
September, two thousand twenty one from a site called balls
and strikes out Org called bullying. Stephen Briar is good. Actually,
throw this old man out of here get him the hell out of here before Rhonda, Santas or Donald Trump becomes president and adapt Lloyd.
can be very, very difficult for us to replace it
rule with another liberal. That's all they care about now
who is it Joe Biden going to replace Stephen Briar with when we know the answer to this one, because Joe Biden setback during the campaign during the campaign, Joe Biden, kept pledging that every open position
was going to violate federal civil rights, while he was just going to select a black woman for everything. First, vice president of the Supreme Court, just as for dog catcher did not matter, was gonna, be a black woman, no matter. What here was Joe by
during the two thousand and
anti campaign, saying that he would pick a black woman to fill the Supreme Court's because, again, by the way, this
I laid federal civil rights law. There is
whether area of american life, or you could say, I want a white male for ex seat. You can say it
its literally a violation of equal protection clause of the constantly,
The United States are not saying as one factor among many. I want a woman who has the experience of a black woman right first. Well, that's ridiculous assertion on its face, because not all black women have the same experiences but put that aside, even if you use the
Type bacterial analysis that the Supreme Court has been fond of with regard to affirmative action,
frenzied universities. We talked about the other day on the show, even if you through that, is binding and say that
you just then I want a black woman. Ok, there is no other area of american legal jurisprudence. Where you could say, I want a person of this specific race.
This specific facts to fill this particular role and that not be a violation of the equal protection clause? Yours Joe Biden, pledging to do it back in two thousand. Twenty are committed through their farmers.
The president have an opportunity to appoint someone to the courts will be our point, the first black woman to the courts.
Wired that they have representation now long,
Where do you get yourself that
is an insane contention right off the top Bremen
and the fact that we all sort accept this is road- is wild that the President of the United States
can I just say things like that that they can just go out there and we like, I want a person of
particular reason. This particular Saxon doesn't matter anything else, but this is the way that the what use the court, by the way, the Lebanese the court as two things one a place
what people at particular racism particular sexes into that person has to reliably both for the left hey. This is nothing new qualifications,
Some of the people who are being considered for the sea have the usual called
patients for a Supreme Court justice, namely an Ivy league school and a clerk ship.
Maybe a few years as a judge that that's all
stuffy is not is
this sort of jeering war for the sea, but democratic
care about that. What they really care about is. We must have black woman, and not only must she be a black woman
you must vote reliably for the lackey here's. The thing,
credit, never miss on their backs. They never ever miss on their backs ever in the region,
democrats. Never miss on their backs is because they just what people were avert leftist the right places,
It is really stupid game where, in their hopes of getting some
He threw the Senate confirmation process. They pick somebody the sort of a safer
The John Robert you did on the Deasey Circuit Court of appeals for a little while has never
controversial decision has never
in the eye of the hurricane and so tends towards the pragmatists in and the political
an initial just pick, somebody who's, overtly conservative right. You never see the the conservative movement.
or the Federalist Society or the President of the United States, selecting somebody who's, the lawyer for the national right to life, and they never do this.
Now, most bitter Ginsburg was the actual warrior for the National Organisation for women. It Democrats do. This
right, Thurgood Marshal was the lawyer for the end of LGBT they will just
go to an organization that is allied with them, and then they will say who is your best lawyer, and then they will pick that person. They will elevate them to the Supreme Court. They don't make this mess.
They find somebody who's been through the wars on behalf of the left, and then they select
a person for the Supreme Court or they do,
openly ask them. Things like WWW uphold
Persuade and the personal feeling sure inertia the right ask somebody: will you over her rovers Wade, which should be a litmus test? The left gets this right and the right gets this wrong. The left's Lex justice is based on what they will do. The right
should select. Justice is based on what they will do, not on the basis of political persuasion per se.
But based on the reality that the Supreme Court has,
been a political body and has made political decisions that are while the unconstitutional, it seems to me a legal litmus test, whether a justice will
to overturn rallied. You will not vote to overturn wrote. You should not be sitting on the Supreme Court. Certainly
is appointed by republican president of the United States Rovers, his wages wildly unconstitutional it's insane rovers. His weight is a ridiculous decision on its face and any justice who so
is unwilling to see that openly should not be nominated to the Supreme Court of the United States by Republicans Republicans
he's going for consensus. There is looking for. We need sixty votes, we need several. Who cares? Who cares? First of all, Democrats dont give you
the authority to do that. Anyway. Democrats will
never again allow Europe
we can, president, you select to justice and they just as gets through with seventy about it's not going to happen anymore, every single republican appointee,
is going to be selected with all republican vote, and maybe one or two democratic, but that's it may so. This region
It was notion by Republicans that when these
somebody for the Supreme Court have to pick
but he was wide support. It's ridiculous Democrats to make the same mistake. Democrats just assume the Republicans. Will it will it
their people to the Supreme Court. So long as Democrats have the majority in the Senate, many of them are just vote. For
and we'll go along yet along and then they should be
we're overtly levelling left wing Democrats
When Joe Biden has wants a black woman for the Supreme Court, it does not matter to Denmark
whether that black woman
as Khatami Brown, Jackson or whether it is cardi, be it does not make any difference. One of those people has the normal.
To make qualifications one of those people
So what we did not, but it does not matter so long as Cardy the voted the way the right way. First of all, they would say that the Cardiff use a genius right
I would say that if you had questions about her qualifications, this made your racist, because this is again left loves to play.
But but in reality they don't care so long,
at their results, oriented jurisprudence there done that finnish. Now, here's the differences,
but the right would do on this and what the left would do. You could ask it potential rightwing justice, Clarence homicide.
ask should Rovers way be overturn. They say yes
and then you say well
what should we do with regard to, for example,
the federal Civil Rights ACT. Nineteen sixty four and violation of freedom of Association, and you might get
two different answers, because
are a bunch of different answers on the right to these questions. There is no variation unless there's lockstep adherence to basic rules on interpretation and left in those rules of interpretation are what would it
What Democrat do we will do that thing there is.
differentiation on the left between what the Supreme
Where does, and what a legislature does
differentiation whatsoever. What were the let's sit? All they can
How is that he Supreme Court justice? Does what they want that justice to do? It does not matter whether
that justice is being asked to wildly exceed their own authority so that
Why Joe Biden can say things like. I want a black lady weather
That's that's why they can see. That is what they really mean is, and we all know this, they don't mean. I am looking for a person with the black female experience or a black female to fulfil the disk. The two to rectify this growing,
In the past they mean we want. Somebody fulfils all of our people,
GO. Priors in happens to please a particular political constituency. So they know
Lee discriminate against people, which is really an amazing shift by the way
it's an amazing total shift in american politics. You know her.
But in doing this and Ninetys you just wouldn't of
Here's that here's demoralising thing if Joe Biden ones
the black woman, he doesn't even have to say it here
I've seen two thousand twenty. He couldn't you selected a black woman. You gotta go!
same credit, but here's the thing
politician, like Joe Biden, you know that, in order to please
political constituencies. You have two overtly pledge to be a racist in advance. You have to say in advance. I also like a black woman, so black people supposedly is the widow
things about black voters that they can be bought with something
like that. If you say that then you'll win their vote and then you have to hold
bludgeon this is how Kamel Harrison's up his vice president of the United States, despite being just a gas bag of terribleness,
you'll, get some more on this injustice one second. First it somebody
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all of this and the people that they draw by
is considering, he has a few people on the table and some of them, as I say, I just overtly left wing tax that that the most likely person is this.
In Qatar, Angie Brown Jackson, who is fifty one
is all too should be on the court for the next forty years. She has
Willie credentials. She went to Harvard LAW, she clerk for the
went to the horrid larvae she's. Never there, she court for three federal.
just including justice prior himself from nine united, two thousand, if nominated
confirmed according to the Washington Post, Joshua, followed
same trackers break Havana, who also called for the justice he ultimately replaced, and also
action, is coming directly from the Dc Circuit Court of Appeals, which is typically seen as these sort of feed or circuit for the support of the Un
It states right the dizzy circles where you get appointed before they put. You
to the Supreme Court of the United States and the
Their picks there are being considered. One of them is show Eiffel. Who is the head of the end?
way, CP legal defence on regardless.
the Democrats will do. Democrats will actively go to to
different groups, and then it will be like Hooja S lawyer, but the person on the court. Imagine if eight conservative president
went to Cato institutions like we need Alia Shapiro, just good or imagine if they want to daily wire. There are like we need Ben right like this would never happen on the right, because right now
the stones for this. But the left absolutely has the zones for this because for the left again, the Supreme Court is just another political branch, so they can do whatever
how they want. That is all they care about getting what
What is all they care about?
again. This is why Republicans miss fifty percent of the time, and so here's the thing if the left is going to treat the Supreme Court like a political body, the right should overtly treats the Supreme Court like the political body than it is
That does not mean that they should treated exactly the same way, because the supervisor that the Supreme Court to be treated like a political body. What I mean is that the left has decided rules and constitutional interpretation do not apply. This means
right can no longer afford to play footsie in future judicial.
We cannot have pigs like Justice Robert. We cannot have pigs, light broke avenue. We cannot have pigs or ciphers, ok,
can have picked, not knowing which, where they're going to go, you have to have people. We ve gone through. The wars have gone through the battles and if you have to pass them through with fifty one vote, you pass them through with fifty plus one. That's what
We are going to do right here right now.
The real reason by the way the briar stepped down is, of course, because Democrats are about their asses, kicked and twenty twenty two come November. It's not gonna, be a democratic scented anymore, just like justice, Scalia died and then Merrick Garland was nominated by Barack Obama to fill his seat, but Mitch Mcconnell held up the seed they're, afraid the same.
could happen here. What Stephen Briars? That's? Why Briareus stepping down before November? What people really should read this, as is not any sort of shock or any sort of surprise, because not
It should read it as Stephen Briar isn't an idiot, and so student Briar decided I'm leaving before November, which underscores just how dumber better Ginsburg was not to step down well brought up.
Who was president waiting instead until the age of eighty seven she died in,
G20 and, of course, for seed was then filled by Donald Trump itself.
right now, according to the New York Times, Democrats could confirm a successor to Justice, Stephen Brian, without any republican support under Senate rules that she'll do Supreme Court nomination from filibuster, but would have to hold their bare majority together to do so so basically to have to rely on Kirsten Cinema and romancing in order round this through. I can't imagine the Christians in mind romance and won't go along with the Democrats on this one because Harry broke this thing a long time ago I Harry Red, broke the idea. They could
bus prejudicial now many years ago an and that is what
created the current standard, which is that any sheer majority can just pass through whomever?
What Ramage Mcconnell than use that in order ran through a bunch of trumps judicial nominees.
then you are times the announcement of justice. Briars imminent retirement on Wednesday set off a sprint by top Democrats to prepare for coming confirmation fight over by,
Now many to succeed him and also prompted a collective silently from the party and its progressive allies would worry that
and it take over by Republicans in the coming mid term, elections could block the prison.
From filling vacancies sinner touch him.
course said it binds nominee horsey they hearing, incentive, Judiciary Committee,
considered and confirmed by the full. U S: Senate Withal deliberate speed. Now you
recall? The Democrats made precisely the opposite point in twenty twenty
in twenty twenty. They said after they, Regensburg died. How
here Republicans speed through a nomination. We must wait for an election. There must be an election. We have to have a new president before the army. Gc is fill miracles. I well. I still got time on the calendar, so we're going for this same thing right here:
Democrats, if you help any consistent standard, which, of course, you know,
wait until the midterms
letting you know what angel them in terms these, I think Mcconnell did the right thing. When you have the majority you ran through Democrats, have the power
rather they will remedy through it, but just pointing
the wild inconsistency from the left right here, because the let's inconsistency here is truly amazing right just just a few months ago. Does not that long ago, end of twenty twenty Ruby Regensburg dies of that eight weeks,
we watch an undemocratic. We must wait until the election so that people can speak and who,
want to fill Ruth arrogance proceed and what
we're doing it. It will now
Democratic she's on the other, for Democrats are doing the same thing because, as always when it comes to politics for Democrats, it's just a power game. There is no principle whatsoever like none.
Democrats quickly. Call them bind to follow through on his promise to nominate the first, a black woman to the court centre, a Patty Murray of Washington. The number three Democrats at I trust President Biden to move forward and exceptional mommy who uphold all Americans rights and liberties, including protecting voting rights and reproductive rights. She didn't even bother with the with the legal jargon here there
like you, we need a bush and and- and we want the Voting Rights act back in place, so whoever you can nominated do those things would be great. I'm ready move as quickly as
what she says to consider and confirming highly qualified nominee will break barriers. Make history is the first black woman. Unsupported like avert racism of racism is totally fine. Accordingly,
I think that that really is the astonishing thing. It's more of that in just one. Second, first, let us talk about fact. You are
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I'm here Miss Viner, not play some of the media reactions here. Of course, the media reactions are all about. We
a black lady, that's what we need now, I or not
in about any of the conservative black women that are out there and then that those names will never come up by job
but they really mean, as we need a person who tracks all of our political boxes and also as a black person was female. So therefore, you have really
citizens work out who says I be overjoyed to have. Somebody who looks like me on the court doesn't really.
but you really means is I'd- have IBM
What does he? Someone who looks like me and thinks like me on the core right because is not sufficient to look like you
first of all, I think it's an absurdity that we even talk like this general in american politics is never occur.
To me that I need somebody who looks like me on the gourd need somebody with a Yokohama court. Why should I care, if there's some of the young
on the core and perfectly
It was someone who does the job, not according
left, however, because they have ditched.
and these are King Longbill for early Malcolm X, here's Neuro codes. I would be over Joyed and thrilled to know that somebody who looks like me and has the men
oh prowess at each of these women, have and the credibility the capability, the distinction of
having served as judges, and
extraordinary lawyers over their time. When, finally- and I emphasise
the word finally finally begin
opportunity to sit on the highest court in the land
I mean that the important thing is that you have somebody who looks like you: what children, her nation of children, arrest, a look.
You, in order for them to be considered a good Supreme Court back my favorite,
This is how we have now decided to group together all of the
justice is right. Did ideological diversity matters not for these people so earlier, and is the exact same thing as Byron White who's? The exact same thing is just a Scalia. According to left there all white man right, Eli, Mister, Oliver MSNBC he's like a hundred and eight of the hundred and fifteen justices have been white men. Yes, NATO
wide variety of dispositions towards the wall. You may have noticed. I care what care I really care. What goes on more? In the gray matter than in the melanin level,
The skin also, I do like how you lumped together. All of the jewish justices were considered minority justice when they are appointed at those Brandeis of the world.
If none of that matters according accordingly, meanwhile badly
for the Biden administration, because there's no good news on the economic front for the Bite administration, the FED his signal,
that is about to wildly increase the interest rates,
the course of the year,
According to the Wall Street Journal, the Federal Reserve Signal do would begin steadily, raising interest rates in MID March, its latest step for removing stimulus to bring down inflation, venture
Jerome Palace and on Wednesday and Central Bank was ready to raise rates at its March fifteen to sixteen meeting and could continue to leave them faster than it did during the past decade? He said a news
in principle, this is going to be a year in which moves steadily away from the very highly accommodative monetary policy
put in place to deal with the economic effects of the pandemic.
here, was drawn. How announcing all of this yesterday supplier,
nay and imbalances related to the pandemic and the reopening of the economy have continued to contribute to elevated levels of inflation. In particular, bottlenecks
supply constraints or limiting how quickly production were can respond to higher demand. In the near term. These
Homes have been larger and longer lasting than anticipated. Example,
by waves of the virus. Well, now means,
They're about you radically ramp up,
tapering and their about two radically ramp down the inflation or their means.
Joe Biden is probably a slight spike in unemployment.
it also means less investment, just as there is less cash floating around you're gonna see some stock market dip. That's exactly what happened immediately. Stocks sold off well,
impel was speaking, reversing begins from earlier and that by the way, the other theirs
areas. American life in many areas of american life, where we are
too reliant on political experts, administrative experts to run things and when it comes
our daily lives, were now reliant on nine justices in Supreme Court. Robes reg people in black robes telling us what to do so. We have to determine whether
keep employing our employees based on whether.
justice. Even Briar has about a movement that I read that that is not good stuff. We should
be relying on Supreme Court of the United States to determine our liberties in our freedoms and the founders actually never conceived of of that sort of thing that the Supreme Court was going to be the ultimate garden,
of all freedoms, and everybody else would abdicate the responsibility on this level. She'd have unelected justices, determining our freedoms and then
Sort of state does the same thing where we have entire administrative bureaucracy that are specifically designed to control all aspects of life. Thousands.
pages regulations every single year, tens of thousands of pages written by fear
less nameless bureaucrats with essentially lifetime
appointments which nearly impossible to fire, and then you have the Federal Reserve and we all react in the sky
market based on what's wrong. Powell decides to do today whether his fingers in the window day. This is
Our economies should work
and this is why the idea
instead. It was a good thing because it took out of the control of the federal government, the monetary supply.
We should not have the government determining whether we
inflation or not. We should not have the government determining whether the taxpayer,
is going to be buying assets from the market
a large
sort of thing is absurd on his face the fact that the Zionist,
Market realities sit around waiting for Jerome Power to make an announcement in the new trade stocks based on it. It's really it's really unpleasant.
whereas the unpleasant I mean that it is, it is corrupt. It is corrupting it is. It is ugly
It is not a is not relying on the job.
use knowledge of the market is relying on centralized bureaucrats to figure out what is best for you.
It is that it is the death panels of american politics, and then these exist all over the place.
faceless, nameless bureaucrats, you ve never heard of words determining every aspect of life from the financial to your rights. To hide it.
Sure toilet and
we bad and drove one of those people, the Federalist,
was never meant to have the sort of power, the Federal Reserve was meant to be back stopping case of runs on banks. It was not meant to be able to control unemployment and inflation
policy, as a general rule is to become of the Federal Reserve. Does righted supposed control unemployment anytime, like that? That's that in itself is
Z whenever centralized bureaucracy that is sending to control unemployment, why? That is not
the economy is supposed to work, and it
It really is a mask for failures of the underlying economy is the case. The David Byrne
and is making the investment guru. What he's been saying is world worried about inflation out here we should be because inflation is a bad thing, but inflation is not that you threats the american economy
these threats. The american economy is lack of real growth. Lack of real innovation
regulatory disincentives tax disincentives
the Federal Reserve deciding whether or not people investing your business based on how much money they blow in the economy or take out of the economy. These headwinds are faced by action.
Business people every single day when the government gets control of every.
effect of the economy. This way, then, what you are left with is a bunch,
people. Attempting to read tea leaves and then trade, your stocks based on him, the start so
off well Jerome. How was speaking, reversing big gains from earlier in the day, the ESA? Ninety five hundred closed down zero point: one percent, the DOW Jones Industrial Average Finnish down zero point: four percent: the NASDAQ inched up slightly
on ten year Treasury securities climbed as investors anticipated a more aggressive path of rate rises
hell of doping in sport, raising interest rates and consecutive policy meetings which are held roughly every six weeks. The FED hasn't done that since two thousand sex he
things possible z, exactly how this gonna go. I think there's quite
of room to raise interest rates without threatening the labour market power
marks let investors and interest rate futures markets to fully anticipate a march rate increase of at least one quarter percentage point annually. Seventy percent chance of a second rate increased by the feds meeting after that
early May palaces
that wasn't likely to offer any forward guidance. The term used for the central bank's statements describing its intentions with interest rate over the next few years forward
This has been a central feature of our policies. Are now they're not even going to give you any sort of guideposts for them
several years, Sofia and investor. One of the things that you search for is a salad investment that is going to give you return for the next several
yours and in order to know that you have to know,
what the fuck is going to do now the parasite where we can change on a dime where we can be fast moving boom.
vast act and to act in the financial financial market that that is not a good thing that there is
in often and George Guilder, who write on economic grounds,
What when he has described the idea of what
information theory, the basic idea is that when you are investing, you should think of
thing as adding new information to a phone line is theirs.
Static on the phone line. The new information may not get through so the guy
all of these financial regulators should be to have a static free phone line. In other words, the conditions
don't change on the ground very fast. Yet you have a lot of notice
things are going to change and that we
a lot of sort of garbled interference from the top level.
and yet now the Federal Reserve is overtly announcing, there's going to be a lot of garbled nonsense from the top levels you're going to get
Gaddafi, interference on that line on a regular
It is now and you
in fifteen. According to the Wall Street Journal, the FED prepared markets for mild path of no more than one rate rise, every quarter by sing increases would be only gradual press twice Wednesday and whether the FED would follow that approach. Powerpoint today,
The economy is much different now, with high inflation in maritime labour markets that take away said, Christina Hooper Chief
global market strategy instead in basque hope, is that this is not the last tightening cycle. We need to be prepared for it to be faster and for more substantial moves to be made over the course of the
here. Relying less unforgotten means that you risk unhinged market expectations. That interest rates said Vincent Reinhardt, former FED economist, who is now that you,
economist in Melon
what this means is that
You can rely on what the fuck is going to do next, which means uncertainty, which means people take money out of the market when people are scared, they take money
market certain investing in things like bonds, but they don't
Just as much in stocks they dont, invest as much in mortgages
did. You start investing as many things you're about to see a tightening because of the FED getting involved this way, and that was brought about by the insane spending badge embarked upon by both parties, but especially the Democratic Party over the course of the last year and then over the course of last year's right during the pen.
Make the site you we could payable to stay home, there might have been a
and idea in the first couple of months beyond
At once, we knew the data it made no sense whatsoever. We kept doing it, we blew trillion,
and feelings of dollars into the economy. There are people who ended
you're with more assets than they had at the begin.
The pandemic and I hadn't been back to work, because we
so much money in the economy and now the fat is forced to tighten interest rates and do so unpredictably. Meanwhile, the fair
these separate one page statement that spell out high level principles to guide a process.
For significantly reducing its holdings. The central banks
when you, twenty cut short term interest rates near zero and started buying bonds to lower long term rates, as the coroner virus pandemic hit the US economy triggering financial market volatility in a deep it short recession, officials pledged
interest rates near zero until inflation was forecast, immoderately exceed two percent Pell indicated that he and his collar
leave those goals have now been met as you now they have to do.
Best themselves of the
I believe stumbling nine trillion dollars and assets that are being held by the faded, something insane they all
This is is is bad news for the immediate future of the county, but Spain that has to be gone through, because once you go on a spending, did you wake up the next morning with a hangover and that's? Why
where we are at this point: ok,
in just one second we'll get to the continuing panic
over covered. That is completely unjustified by the available data. First, let's try
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already we'll get some more in just one moment. First, the latest up
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joined. My silicon Valley and deadbolt strategic Miller DJ has
thoughts about basic health considerations and opposed to covered world check it out
please velvet comedian, turn friend, T J Miller. I was just jogging. I was trying to find my John,
This is because the errand evens out as you jog the way
He wanted me to go through. It is true
but you're serious. The sky really tat is too high
Thank you for having me thanks for coming out
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You are listening to the largest fastest growing conservative Pakistan radio show in the nation
yeah
Meanwhile, the FED is basically treating the pandemic as over I mean that's really what's happening or the fetid saying the pandemic is over. We need to stop with all this nonsense. The federal government refused
to do that, so you
I've Anthony algae dodging on what it would look like for the pandemic be over because again, your bureaucrats bureaucrats rely on uncertainty because then they
to provide certainty in a world of uncertainty that they have helped create. So they were,
who is to tell you you can live a free life. They will be dictating
whether you will be free or not free, and they will never offered you any sort of time line or actual metric to follow. This happens by the way
all the time. On a personal level, I mean it's crazy,
I remember fairly recently. I was dealing with an organization where there are some common rules that were being
I'd at this organisation and all we kept asking for is when
The covered rules change with the actual metrics from the actual date, and I can say what we can give it to you if we give that you made homeless accountable for it that's Anthony foundry here is the second greatest of all doctors. After Joe Biden explore.
Being that there really know metrics to determine when the pandemic is over, where we want to be. Is that sufficient,
roll and control we mean not eradication like we did with smallpox, that's unreasonable manner.
several elimination, like we ve done with polio and with measles by man,
vaccination campaigns, but a level of control that does not disrupt
thus in society. Ok, what that does not matter.
I've noticed there not giving illiterate by the way Americans are picking up on
According to the Associated Press,
early in the pandemic. Wine Wilson was careful to take precautions wearing them. Ass, now, really socializing doing more of shopping online, the thirty eight
father and seafood butcher from Castle very Florida says you relax debate after getting vaccinated last year, get a few friends oversized parents, more still making sure to mask up in places like the grocery store. The region by research has caused them to change its behaviour. Much because he's vaccine is rather the various causes less if your illness and like many well
has come to believe cover. Nineteen is probably never going fully away now becoming
make. What we stuck with it forever is frustrating. But what can you do about it? Many more
agree there going to be stuck with it forever, at least for a long time. A pole from the Abbe shows that few just fifteen percent say
we consider the pandemic over only when cover nineteen as large a little eliminated by contrast
three percent say they will feel the pandemic is over. One is largely a mild illness which, by the way, is correct. However, what is not correct
is how many Americans believe that
it's not a mild illness. The poll shows
nine percent of americans- think its essential- they personally vaccinated against cover nineteen feel safe
disappointing in public activities. Ok, that is, that is fair enough, but underscoring
authorities call alarmingly low carbon nineteen vaccination raged in the United States children. Eighty five to eleven, just thirty seven,
Parents consider essential that their kids are vaccinated before they returned to normal, which, of course, is true,
and only forty seven percent of americans- think they need to get a booster. All of this happens to be correct, but the kids do not need to be done.
the candour they can't be, but it is not
This is not necessary. A huge number
I can still need to be boosted. If you're older,
We need to get boosted if you're in
a compromise, you definitely need get boosting if your younger, if your, if you are thirty eight,
I am in your in good health. You don't need to be boosted. You're, probably better off getting COMECON frankly is then you'll have natural immunity and backs immunity, but still
thirty, four percent of Americans now say there always are often of wording. Large groups sixty five percent say they are wearing face mass ground, others both are up from fifty's.
percent in December. To this is the part that totally crazy. There is
It's crazy is because our public health officials are saying stupid, garbage over and over and over to scare people. Meanwhile, Denmark's, like we're done according to Newsweek DEN,
Prime Minister Mattie Fredricksen announced on February on January? Twenty six that Denmark will be thrown
most cover nineteen pandemic restrictions, including mass mandates, research
since currently in place for the public's wear, masks and public transportation in restaurants, shops and people entering
care facilities and retirement homes. However, following the February first, a change of restrictions.
mass will only be required in hospitals, healthcare facilities in homes for the elderly, Frederick, said Fredricksen
we say goodbye to the restrictions and welcome the life we knew before as in February. First, Denmark will be open accordingly.
Minister Magnus Unity,
Denmark's recent cases of cover more than forty six thousand daily on average. However, only
the people are an icy use
Says we can continue with strong epidemic surveillance and we can react quickly if necessary,
there could be arising, infections, and somebody who I need to get boosted, but Denmark is done.
Denmark has done anything to see more more countries being done, but the United States- and we will one glass countries to be done so one of the great myths about the United States that the United States is highly free.
Oriented on issues like this no half the United States have the haven't. United States is more
Liberal than the most liberal state in Europe have of the United States is
left in Sweden and Denmark like well. What are we
and well well to the left of Denmark as well.
This is based on bad data.
I mean the reasons may somewhere data by the way is because
a huge number of Americans have natural immunity this thing and we just ignored it all the way down.
Marty, macsharry raids in today's Wall Street Journal, our friend from Johns Hopkins University, he says
for most of us here are many of us called for the CDC releases data on re infection rates, but the agent
refused. Finally, last week,
The cities you release. Data from New York in California, which demonstrated natural immunity, was two point eight times as effective in preventing hospitalization and three point three to four point: seven times is effective in preventing covert infection compared with that nation should other words view.
called the first em around you're about
we times as programme as well as unlikely to go
hospital, as if you got fully vaccinated,
The CDC spun the reports, but its narrative bantering. The conclusion vaccination remains at the safest strategy it based this. Can
we can on the binding the hybrid immunity, the combination of price
infection and vaccination was associate with a slightly lower risk of testing positive recovered, but does
Hybrid immunity had a similar low rate of hospitalization to those natural immunity alone.
Words vaccinating people who already had covered did not significantly reduce the risk of hospitalization. Furthermore, that we appreciate
case against boosters pathway, ok from for those
wildly, and you know compromised or old it, because your best option
a blank according to the is to have backed, and they have a very mild kids who called it.
I too have I actually did have macaroni overlay, I'm like good to go
man I gotta go advancing. I'm super their degree because I'm back to Anna had covered some.
only the National Institute of Health repeatedly had his has dismissed natural immunity by arguing
Its duration is unknown and failing to conduct any studies to answer the question,
is it going to Marty Macsharry because of the ages inaction? My Johns Hopkins colleagues and I conducted a study. We found that
John and ninety five on vaccinated people who previously had covered antibodies were present
in ninety nine percent of them. Up to nearly two years after infection
I also found the natural immunity developed from prior variants, reduced the risk of infection with the Amazon variant. Meanwhile, the effectiveness,
to those Madonna vaccine against infection, knots, vertices declines to sixty one percent against delta and sixteen percent against COMECON at six months
general Pfizer's conventions have been less affected than Madonna's.
As we carry says, the CDC study and ours can, from more than a hundred other studies, unnatural immunity and found the immune system works. The largest of these
he's from Israel down the natural immunity was twenty seven times is affected as vaccinate demurely in preventing symptomatic illness.
He says you know miss forever.
and this is why it is so stupid to promote the bank's mandate, as the Vine Administration has done. This light so idiotic to suggest that we need to fire people or throw kids out of school, because there
used where mass is absurd.
Now we have hospital summoning people back in who are covered positive rather than just a well
people who had called two years ago and then get backs to come into the hospital
just wildly raising the rates of covered in the hospitals. This is the
Public health officials- again it is about the control- it is all about the level of control that they can exert its all. They care about control every day of every year, forever boot, stamping human face forever. Does the image
the administrative state and the left us
acknowledgement that wishes small bands of going to court experts to control every area of your life. Ok, final nope!
have to comment on this, because it's hilarious, so Neil Young, who
apparently is some sort of singer
so he had said to Spotify that unless they got rid of Joe Rogan, they should lose his meals.
Great. His music should should go away. Spotify, like ok, bye,
are going to Hollywood reporter. We want
the world's music and audio content, to be available to spot of our users. So to spokesperson with that comes great responsibility and balancing both safety for listeners in freedom for creators, we have detailed
some policies in place we removed
twenty thousand podcast episodes related to covered since the start of the pandemic. Regret nearly
this decision, remove his music respond, Spotify, but hope to welcome him back soon.
Young had set on January twenty. Fourth, I'm doing
That's because Spotify spreading fake information about vaccines, potentially causing death to those who believe that this information spread by them they can have Rogan or young. Not both.
Basically, as soon as Neil Young said Spotify, you can have your
or everybody's, like ok just by
I like it literally picked any other name out of it. You can't young or carrots happens, verifies like what we will catch. You later unions,
and enjoy. I love that people keep running up against the,
expert that is Joe Rogan, show people unlucky, keep saying
over and over that they want to get real
and booted, and then it turns out that Rogan is making too much money for Spotify again the best revenge.
folks, as always, is success,
No one cares. Vanilla, young, but you're Rogan has eleven million listeners to his
guess every episode already we'll be back
later today, with an additional hour of content in the meantime, make sure to go trick
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Transcript generated on 2022-02-04.