The Federal Reserve boosts interest rates by 75 basis points for the first time since 1994, even as retail sales “unexpectedly” decline; Joe Biden hosts an LGBTQ+ celebration at the White House while announcing government action to trans the children; and Anthony Fauci has covid.
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This is an unofficial transcript meant for reference. Accuracy is not guaranteed.
The federal reserve boost interest rates by seventy five basis points for the first time since nineteen nine, before, even as we
He also has unexpectedly decline. Joe Biden hosts and g
d, you plus minus via by sign ampere sand till the celebration of the white house, well announced
government action to trans the kids in anthony factory has covered
a bench paralyses. The bench show
yeah
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he's facing down the prospect of a very serious recession on his watch. The federal reserve actually jacked up the benchmark interest rate by zero point. Seventy five percentage points that has the biggest increase since one thousand nine hundred and ninety
or they are doing this because they see that the threat of inflation is really serious.
And over the course of the next decade you could see stagflation if they do not get the inflation under control. Right now is right.
They are attempting to shock the market back into
thing resembling normality
According to CNBC, the federal reserve on wednesday launched its biggest broadside, yet against inflation, raising benchmark interest rates, three quarters of percentage point in a move that equates to the most aggressive hike since ninety ninety four and in weeks of speculation, the rate setting up federal, open market commit
took the level of the benchmark funds rate to arrange one point: five to one point: seven: five, five percent that is the highest since just before the cupboard pandemic began march, twenty twenty, it's uncle
whether that is going to really reset the deck here, especially because again, that is very historically low. The fact is that when public or was jack and up the interest rates in the early nineties eightys, we are nearing twenty percent
on the interest rates. In order to ratchet down the inflation is,
clear to me whether an overall interest rate of one point: five one point: seven five percent is really going to jack down the inflation to the extent necessary, given how hot the economy is running right now how hot inflation is running right now, which is why
I have seen around pal and others suggesting this is just the first of many that the
likelihood is that we are going to have to be around five percent interest rates before we start to see. Inflation really collapse
and us go back to sort of a normal rate of monetary
inflation
jerome. Hell announced the fed boost yesterday very was
from the standpoint of our congressional mandate to promote maximum employment and price stability. The current picture is plain to see the labour,
it is extremely tight and inflation is much too high. Against this backdrop,
today. The federal open market committee raised its policy interest rate by three quarters of a percentage point and anticipate
that ongoing increases in that rate will be appropriate
power continued by saying that their goal is to return inflation to a two percent objective have always thought that this objective is very silly because the theirs
baseline notion was promoted by nelson free minish, cobbler school of economics, and when you create and inflation
of two percentage for greece, the wheels of the economy. The big problem, of course, is that
to a two percent inflation rate for say ten years we have now depreciated the value of money by twenty percent by two percent time said so
the very idea that the government should be in the business of devaluing your asset base to force you to spend is keynesian, and I don't like that,
they got. The government should really be there to basically back
the economy in case things go wildly
wrong in case there is a major shock examined a shock to the system. There's a run on the banks, for example, that the federal deposit insurance corporation was originally supposed to do to make sure that the banking just sees all of your assets and, though backstop that now we get
federal reserve, basically the power to control all of the economy. It there's something deeply wrong with that economy was never supposed to be controlled by a bunch of guys ensues behind closed doors. In fact, that was the accused
in its used make about capitalism, is that was a bunch of fat cats in back rooms.
Milking cigars and deciding the future of the economy, that's not capitalism, that's more akin to socialism a central.
government economy, making decisions top down while the
reserve, which has been tasked with keeping unemployment low and
so keeping inflation low,
normally. Those are the jobs of policymakers,
the jobs, a bunch of central bankers. But this is why
we have become now. Is it
made by mohammed algerian in
one of his recent books. They had a volley of his
before that one of the problems with the global economy right now is that effectively speaking with outside
all policy making
just central banks around the world and all of them have the same sort of concern
issues you see when it came to outsourcing all of our common policies, the bureaucrats when you, when you tell the bureaucrats that they have endless purview to do it,
actually what they want. What you
actually end up with is not a diversity of options. You end up with an echo chamber in which everybody understands that if they are
the outlier they're, the ones you likely to get clock. So what you see
and the world right now is actually an increase in
straight in an attempt to tear down inflation. So that means we are very likely to tap into recession,
drumhead, however, saying that we monitor
inflation, is that you percent objective
the feds monetary policy actions or guided by our mandate to promote maximum employment and price and stable prices for the american people,
my colleagues and I are acutely aware that high inflation imposes significant hardship, especially
those least able to meet the higher costs of essentials like food, housing and transportation
We are highly attentive to the risks high inflation poses to buy, so both sides were mandate and were strong,
we committed to returning inflation to our two percent objective
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come so. As I say, the current interest rates are the ones that are not going to last, for very long
according to CNBC, the feds benchmark rate is supposed to end the year at three point: four percent: according to the mid point of the target range
of individual members expectations that reflects an upper revision of one point. Five percentage points from the march estimate
Committee then sees the right reasons. Three point: eight percent in twenty twenty three. This, of course, is taking a serious toll on the real estate market, or all of the mortgage rates are rising in tandem with the interest rates, because mortgages are becoming more expensive again when the credit system begins to dry up when it turns
that money is not as loose as it once was. What this means is that stocks are going to evaluate lower. I would expect that when it comes to this
market. What you're going to see is another step down for the stock market, because one of the other factors here is that
or actually starting to see the retail sales slipping according to these
press americans trimmed theirs.
ending unexpectedly in may know what unexpected means, MR zalm, superman
but could given the fact that eventually, people gonna run out of the pandemic stimulus made those was in their pockets by both you trump and Biden ministration, and particularly
the federal reserve, and that, when that
and if you look at the presidency, I can't afford a lot of stuff is happening. I mean this is what inflation does when you have a real wage, reject
and thanks to inflation. While you end up with his people, eventually figuring out today,
actually can spend that money. They need that money. Why
what happened last month, according to the associated press, americans,
there's burning unexpectedly and may compared with a month before underscoring how surging inflation, ideally necessities like gas, is causing them to be more cautious about buying discretionary items. Retail sales slipped zero point three percent: last month
from revise your point. Seven percent increase in April the commerce departments that, on Wednesday, a sharp decline in auto sales large,
because of higher prices and shortages of new car inventories, depressed that retail sales figure, excluding autos retail sales rose at zero point five percent last month, but excluding cells from gas stations, retail sales slipped,
zero point: seven percent, showing how higher prices the pump, our accounting for more of shoppers overall spending since actually pretty serious drop in red.
Sales zero point. Seven percent is actually fairly serious and the only thing
that is driving retail sales in anything remotely approaching positive territory, is the fact that gas is so expensive, which again is a very, very bad thing for consumers. Sales online fell, one percent shoppers went back to physical stores. Sales of food stores rose one point two percent, but that's not because people are buying more food is because the prices are higher. Business is business
restaurant was zero point. Seven percent as well get all of that is just reflective of the inflation
It was a real consumption, real consumption.
Actually starting to go down, and what that means is that
you're likely to see is, as I say, another's another slip in the stock market, because right now the need
p ratios. The price to
the ratios of a lot of stocks are way out aware that happens when
for a lot of money into the economy, because people take their money and they
in the market. They say: okay, where's the stock. Where can I put this money that is going to earn money for me and say, look at companies that may not have amazing earnings, but they project out fyi
years. They're gonna have earnings. Just tell you something about stock projections and earnings projections from coming
Can we still know that can be earning in five years coming?
in the early next month in an ocean they come
These have some sort of grand plan and at three
five years from now their produce
Did earnings are gonna, look anything remotely like what they projected, maybe
some cases, that's true in a lotta cases simply is not. If I go back and I
get the earnings plan that we put on the table for our original investors you're a daily, where I can tell you it was wildly wrong and thank god, it was actually extraordinarily low for what the company actually has done means
to take a quick example, when we put our original business plan original,
the plan suggested this podcast was going to be earned
a tiny fraction of what it actually earns
and the annual basis is when it when companies put out their earnings plan and then people jack up the price of this.
right: the price of the stock compared to the earnings plan, as opposed to the actual earnings. Today. What you end up with is a p
ratio. That is wildly at work. What happens when the economies
to sing and those earnings
Your earnings go down
now the price they're coming down, because people have less money to speculate with it. What happened?
it means the peony ratios are starting to come into line right now. The earnings are here and the prices here and the prices
come down back towards earns what happens next month when the earnings going this book when the earnings bumped down well now-
The pity ratios back into actual? What's happened? The price as correct it's going to drop
sell off that stock because they don't see
the earnings potential on the stock, but they are actually buy
and so what you're going to see, I would imagine, is another bumped down in stock market over the course of the next few months.
Which is very bad, for the Joe Biden admit
russian officials significantly cut their allies for twenty twenty two economic growth there. Now
spitting. One point: seven percent gain in gdp. That is a massive caught at his own from two point: eight percent from march inflation projection gay.
my personal consumption expenditures also rose to five
do this year from four point: three percent from core inflation at excludes food and energy costs
the got? Korihor inflation is four point three percent, which is still super duper high. They all of this is is really
really bad. Now the committee is trying to
they're going to give it to avoid a recession by bumping the interest rate by seventy five basis points, but I find that very difficult to believe they put out a statements in overall economic action.
Appears have picked up after edging down in the first quarter, which is
because now we have retail sales. Dropping job
have been robust in recent months. The unemployment rate has made low, inflation remains elevator, reflecting supply and demand, and balance is related to the pandemic, higher energy prices and broader price pressures.
It's also reflecting tremendous business uncertainty about what Joe Biden is going to do in firms regulation. One of the reason that the gas prices eyes will discuss in a moment is because
by Biden. Inspiration continues to restrict production,
of oil and gas.
You know they didn't want to jacket up temporarily. What they really mean is that one year from now, when a crackdown again opera,
is that investments in oil and natural gas resources has a long tail. If you invest today, investment does not actually started. Bear fruit, for several years
of you know that in a year that bind ministrations, gonna
down again when oil prices drop. Why would you invest money in the oil and gas industry and you need that money in order to greece the wheels for the
full oil and gas drilling today. In other words, few
projections, wouldn't industries gonna do effect price point today in the vitamins,
She keeps neglecting this because they don't understand basic economics, horizontal care, about basic economics, the essen
is expressed through the committee summary of economic projections. Inflation moving sharply lower in twenty twenty three down to two points
percent headline in two point: seven percent core those expectations are little changed from march. But again that seems pretty optimistic. Given the
level of increases in the interest rates that they are currently announcing, cost of ever
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larry summers who is right about inflation, and I think, he's going to write about recession. He says stagflation is gonna, be the next step here here he is on CNN. The former treasury secretary under bill Clinton. I'd be very surprised if we didn't,
He'll have inflation era meaningful rage a year from now it may well come down
It was probably likely you come down from the eight plus per cent range that it's been out:
but we're still going to have inflation for quite
time to come and work.
Are we going to have a slowing economy,
as well. So there's
to be an element of what people call stagflation. But all of this is
I'll be predictable, given the policies pursued by divine administration and its undermining americans faith that anybody is actually able to handle the economy which, by the way, might be a good thing in the same way that
undermining of the experts with regard to covet, maybe the thing is it actually allows you to take a look at the evidence and assessed.
Whether you ought to delegate your freedoms out to a bunch of bureaucrats who engage,
effectively single factor analysis, the worst form of all political analysis. We look at what,
thing- and one thing is the thing that matters you ignore all of the other extraneous issues that creates really bad policy.
if you just look at one thing in life and the one thing in life is the prison for which, if you everything you are likely to miss pretty much all the perspective in life,
is what happens when have bureaucrats are dedicated to
name agencies that only focus on this tree. Never let the forest they just look at this street
More americans are focused on the forest because there are many aspects of their lives. The economic aspect of their lives with doing their job, there's how they spend. There's where he's in there
the school. But if you are the person,
in charge of the federal reserve. All you care about is the things you ve been tasked with right, the interest rate and the unemployment rate. That's it
and you're only going to take into account those few factors, that's not enough, which is why
As I said before, the hierarchy and point
you, the f, a high point of view which that the collectivized knowledge of the world is much much larger than
these specific knowledge, even by an expert in a particular industry, it rings true and it's my markets are supposed to be left to their own devices. If you actually, we
to see supply and demand meet their actual level in the real world? Americans faith in these.
Attention has been undermined by their absolute incompetence. According to the
washington, post, the federal reserve's mishaps and waiting too long to tackle the greatest run up in prices and for decades, has shaken trust across markets and the american public, and it is up to the task of
inflation and the aim behind it.
that policy announcement. Investors, economist, policymakers, we're on edge over how sharply that that would raise interest rates to deal with inflation, which had a new pekin may in some very disturbing to me.
Supposed to sit around and wonder whether we have enough money for a groceries next week based on much rome, Powell and his buddies have to say that's not the way
functional economy should work. Is that
The guys in room somewhere decide whether you get to pay fear groceries next week,
and more concerning only signs that families have lost faith in the feds policies. Consumer sentiments in june, saying to alone not seen since the nineteen eighty recession. According to a university of Michigan survey, appalled by the washington post in george mason universities shower school.
Of policy and governance
the most americans expect inflation to worsen in our adjusting their spending habits. A mindset,
make the surge in prices even worse.
That policy makers were already under enormous pressure to slash inflation without inviting disaster for the recovery or spring a new round of job losses. Now that that is an even more from position, one that goes beyond monetary policy instead targets the feds at most essential tool of all its credible,
you can do not trust the fed to get things under control, then
when the FED announces interest rate increases or false that has been started,
disconnected from how people treat the market
on the environment aspirations. Lack of your foot
as in this area, because again they have an agenda and they're going to ram that agenda through, regardless of whether it actually hurts or harms or or helps americans and matter to them that that
commitment to an ideological agenda, goober alice above all else, is just it's obvious. On its face, so Brian these white house economic advice,
yesterday, for example, using we, don't need a lower corporate tax rates to get people to invest in the united states. So then
what you gonna do to get people to invest in united states, exactly more regulations. Are you so
they want. What are we talking about here? You don't need to
corporate tax rate and lower its already at historically low rates. In fact, what we need to do is reform the corporate tax system to reduce incentives for companies to just take profits in protein
since and move it overseas. What we need to do is we need to have a more stable corporate tax system and incentives to invest here in the united states
ok, so, in other words, he's gonna pay a bunch of green companies, taxpayer cash to come here,
but we're not gonna, lower the corporate tax rates. Instead, we should increase them. All
disconnected from reality and he doesn't stop there. But my favorite
This particular views on Brian. These is ask specifically about predictions.
starting the economy and inflation,
We're we're not can make any connections we should make like some.
It is now a policy is about is trying to foresee the the consequence
of the policy. Here's brandy slave forced wearing operations. We know there's a lot of global uncertainty out there. We know that the price of oil in the price of gas at the pump are being affected by Putin's brutal war in ukraine. But what we also know is: if we take the kinds of steps that we're talking about, we will get to that process quickly. More quickly we will win is precisely to define clear land crisis. Denmark, Rennie
gimme the ball park, like you, know, we're looking at a six month the situation with the kind of numbers we're in right now. Are we looking at two years as larry carlo, just said that he estimates? Look I visit to brussels.
people who are out there were in the predicting business we are in the building. Does this we are in the business of trying to put policies in place
that will actually accelerate that outcome. Well, I mean, if you
If you, internationally in the building business, like I've, worked with contractors before they're, always wrong by releasing an estimate, is when they're gonna finish their work,
they they said you do not want to start this.
We have no idea in finnish no clue what can give me a ride,
Are we talking about like three months? Are we talking about ten years? They love, you know, no protection.
We're on the pension business? We need money. Why promised will do the work? Maybe, but what we'll get back? Are you know here that first,
I am particularly not gonna, hear this administration when they have no clue how to bring the price of gas down and again. This is very easy. You allow
refineries. You come back. I might relieve environmental regulations. You stop
looking at the oil companies. That is how you do this. You stop it
in writing. Oil producers, like the saudis which is like Joe Biden, has done for a year and a half to no effect by the way except us
in the iranian jack up your oil prices, this image
and when it comes to the oil and gas issue, this is a perfect exam.
how ideology dominates. Pragmatism from his administration are really amazing, so green, jean Pierre, the absolutely in company,
Our secretary for the president of the united states, she,
now engaging in the in Joe Biden favour against Joe Biden. Has this game is moving ever years, where, if you don't
do what he wants you to do it, because your unpatriotic emma he's to do this. One hears vice presidency
Big corporations need to pay more tax free.
his man, what the flat
man, it
I urge acts are more patron, like there's been a hallmark of the Joe Biden. Ridiculous stick for decades. At this point, to no green, jean Pierre,
he's going to channel Joe Biden? She says it's unpatriotic for oil and gas companies not to produce more gas it. What are you
but they're doing anything there. They being like. You know what we're sitting in the back room and we're gonna not pump. Gascons were greedy or
did that you have restricted supply, will now be a greater
but I guess you know I'd fraser super high.
you're, not gonna. Be this way again. You imagine in a couple of years and has an excellent time to pick up. All profit on the table is what
applying to ban normally do a cheese.
testing, of course, and it just about lack of patriotism? First,
I'm not gonna hear about lack of patriotism from an administration that is more comfortable, putting a gay pride flag on an american embassy overseas than it is I'm putting american flag on american embassy oversees, whereas anemone, but here's grange on beer. We see it as a patriotic
duty as where, as we are, as we ve talked about, there is war happening right now in ukraine that was caused by good cause by russia, which is why we're seeing these hikes in gas prices, especially when, as since, since russia has amassed, started, amassing troops on the border we saw it. We ve seen it
dollar increase of gas prices. So we know where to put the blame on the war, but I'll company
they have oil refineries. They have responsibility to what they have been doing is taking advantage of the war zone believable
reliable, so they're they're on their importance. I do all companies that name
Well, this sort of stupidity put you in mind of death, which, for many of us it does
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No plan here as green frumpy, are then makes clear at age limit.
people having unpatriotic and blame people,
one important, but they have no blame. So green pierre was specifically asked our
mind? You help subsidizing refineries where you can talking about lack of refinery capacity. You keep telling of the oil companies they need to jack of the amount of
well that they are refining into gas. By this, what you say so
how about it. You know reliever, like regulations on the refineries, has been built into refinery in this country for a couple of decades minimum theirs.
I'm here, billy, not so much the country's fires or agent
a major reform has been done since the late night in seventy. If one were to be proposed with presents forth
fortunately refinery or oppose that what I have not seen any of that reporting- and that is not something that I can confirm from the podium at this time of go. Of course you can
Of course you can buy the way, then choose asked: ok what happens if a hurricane hits a golf considering their bunch of our finery are in the gulf of mexico area, while we already have a plan for that I mean it's not like like who could predict such a thing,
everyone in the questions being asked right now
oil analyst sixty the one thing we all want to be concerned about is the prospect of a hurricane
Finally, something where many steps in this very gets that I don't have anything on
hurricane at this moment like what we're going to do to take steps on on hurricane and all wheel refinery, I'm happy to check in with the team and get back to you. I just see if there is a plan, a plan in place, but I don't have anything for you at this time.
Interesting, so there's no plan, unlike anything that would actually protect our current production or expand our oil production. The region,
that by the way, because they don't want to expand our own production, I did
ideological, jennifer gran home.
The energy secretary was asked about all this and she's got loved alternate.
America will be most secure when we can rely upon
our own clean domestic production of energy. That is,
priorities guard when he learned these companies or say you're you're, asking
Do more now, invest more now when in fact, five or ten
years from now, we don't think that demand will be there in the administration doesn't even necessarily wanted to be there and tat. We were. We really want to see us move to clean energy, but we also need to see this increase right now and we are asking the oil and gas companies as well to diversify.
this is crazy. So she saying we want to crack down on the production of oil and natural gas, but please produce more of it right now and then of course, or final solution, and she tells him this embassy, of course, of course,
is more green energy. The present
ass renault is. Five bucks, a gallon. That's the national average right now, you're talking about
rapid, windmills tapioca. Tiresome, though, for lady all
Firstly, does the solution to make us energy secure to make the baltic states energy secure to make the entire tire world energy security to move to clean energy? You no country has ever been held hostage to access to the sun or two
access to the wind. Ultimately, those are the price
volatility continues.
At least on clean energy there's no volatility, continues to drop we're not under the thumb of petrol dictators and ultimately that is the solution, begin
those hostage. If we're getting our energy from the sun or from the wind, I have
news for jennifer grand home there, many nations on earth and are still dependent on the sun and the wind for energy? We call those
world undeveloped nations. It's bad who live there. Carbon based fossil fuels are by far more of it
and then the current green forms of energy that she is talking about. The supposed clean forms of energy that she is talk,
that way more efficient. It's just it's amazing. It's amazing, but
administration is fully committed to its own ideology and not actually helping most men
which is why you by demonstrations responds to inflation
is approaching double digit and
serbian recession
warranty grain. The now seems to be turning their only their responses. Let's trends, the kids, I'm
getting as they announced yesterday.
This is going to be there big cultural responses. We can't win on the economy. We tried
controlled and go anywhere. We ve got a bunch of stuff, so we
We're gonna, put all run, you gonna, take all of our chips and this poker game and take off
flight, I'm in the middle on trends. The kid.
Which is one. How will the move by the minister?
we truly amazing when you got a twenty year old, woke stories from twitter running your administration, things are likely to go wrong for electoral is being according to the original
France press the fbi Biden, fires
culture, worse apple with big algae, bt, q plus management of our time in celebration. But apparently I'm not the only person who has trouble with the
spending acronym Joe Biden? Yes,
he was having a celebration of the white house and he was completely unable to get through the acronym, and this is the first
I ve been sympathetic. Do Joe Biden brain not working properly
proud, have executive order. My first day in office to combat discrimination against elegy bt q eyes, usually plus americans in housing and healthcare and education, employment, financial,
and the criminal justice system worse, proud assignments, governor diamonds are to be see tee chip
the I do- have a good sandwich- beltway delicious
By the way, Joe Biden also celebrated this out.
Beating you thing by on that business, this giant event at the white house
by wandering around stand out,
urging as well. This was Joe Biden. Megan
easily packing up every speech and once again,
old man wanders around somebody- needs to help him. Somebody direct him come on guys, where's the support staff,
areas looking vaguely into the distance. No one.
What's going on, I was just wondering
going to find him on a street corner somewhere in washington dc after
sanctions amber alert for his whereabouts. The press,
of the united states sales renounces the pride is back at the white house. You know
A black and white has anything resembling decent policy or the protection of innocent children. Here,
President of the united states
Last year, we hope that this event and the messages simple pride is back at the wheel.
One of the most pro quality boost industry, led by guys like people
I think we have more diabetes, coopers people than any administration or every administration.
by me- but that is an accomplishment they have the most people or not
heterosexual any administration over a really cool
in relation to the united states. This is what what a place
we know that the future of the united states is success, rests on how many people of alternative sexual identities, workin
not now whether you can actually pretty good policy, but how many of you wish to sleep with people or not of the opposite sex exclusively now
That would be. I think, that the most important credential here really really important stuff from the
Finally, but it wasn't just an event. Celebrating tolerance and diverse
over the white house, it was actually the issue of an executive order or, as the white house puts it, has
executive order, advancing.
She beat you can plus I plus minus,
otherwise, I, u s, m, m, imprisoned, commands and equality during pregnancy, and now this is fairly incredible. What this administration is now doing,
because the policies they are now undertaken amount.
The federal subsidization of the transit of your job. That is what these policies now amount to cancel the economy. They can't figure our gas prices
it can make clear that use. Parents should have no say
when your five year old decides that he is a she
School decides to start giving hormone treatment that
and, if you bring your kid to a therapist,
If the therapist says you know what we might want to wait for watching and see if this disaster on it's own, which happens for the vast majority, because well maybe that therapist is
criminal level and not getting something new administration is trying to do. They are now
conversion therapy, if you say that a girl is a girl, is now conversion therapy, whereas it is gender affirming therapy. If you say that a girl who believes that she is a boy is a boy, this is full
verses of the english language scene
you might think it was gender affirming therapy to say that a girl is a girl. You are affirming the gender of the girl in front of you, but according to this institution, that is conversion therapy, because you are converting a girl who thinks she's a boy back into a girl, whereas gender
affirming therapy would be to tell the girl that she actually is a boy. That's a forming for gender. Now of all
is very confusing a nonsensical, that's because it's completely illogical, propagandistic garbage that harms children, but this administration
four square behind it. So here's what the white house released well
President bind leaves. No one should face discrimination because of who they are or whom they love. This kind of complicity,
slogan hearing is so
unbelievably reductive personal Joe Biden clearly believes that
who should face discrimination because of quantum called who they are depends on who they are, and then everyone in america
believes that some people, if their actions, are roughly
about who they are. There are some people who we are not
golly tolerant of in this runs, the government is what
we'll laws all about that does not mean we should discriminate against gay people, for example, but that stephen is just far too broad or
they want. Will that allow people who love people they should not love
I'm not talking here about gay and lesbian people and nuts, I'm out adults. But there are certain activities
erica that we still consider colonel with regard to commit these are,
arguments there, just too broad they're, just bumpersticker slogans since President Biden,
office has championed the rights of algae beating you plasma is divided by sign americans and people around them.
Accelerating the march toward full equality as president,
inside your area today by the way present
said during its first trying to dress congress. The president has the best
of algae bt. You, I plus people around this country. That is why you
taking these bore the actions today to mark pride month
the greatest most holy month. It's like advent american advent pride month
president vinyl, will sign an executive order, advancing equality. So what exactly is he going to do? He's going to
addressed discriminatory legislative attacks against algae bt, q plus I minus device on children and families directing key agencies to protect families and children. Preventing so called
ocean therapy with a historic initiative to protect
children from the harmful practice safeguarding health.
In programmes designed to prevent you sure supporting algae
You keep children and launching new initiatives to protect foster. Youth is what exactly is he proposing?
from directly from a white house now making it up. Is there were
over three hundred anti algae, bt, q, plus minus device and laws have been introduced in
legislatures over the past year. Many of them specifically
get transgendered children and their parents by banning access to medical care or support at school. Ok, what those laws
those are actually do is before you start feeding hormones. To my kid you have to get my permission also. You should not be teaching about gender fluidity two three year olds in five year olds in seven year old. Also, you should not be carving up teenagers, you shouldn't be cutting the healthy breasts off of young girls or having a mental breakdown.
You should not do. This is a bad policy. It that's what those laws a job. I oppose it. Those laws president
an escort addressing these harmful hateful and discriminatory tax had on not only by speeding up the americas families by taking action to stand up to
please targeting l, gb, jijiu, plus or minus people it. First of all, you have to admire the goal of people who suggest that the complete destruction of gender, the the
heading of absolute radical gender theory wise
children somehow about protecting, gets the abbe
unmitigated arrogance
and goal of these people to wreck the lives of tens of thousands of
hundreds of thousands of kids across the country in pursuit
of their gender widget garbage
it truly. An amazing thing. They're out there
arm kids net, but no, but we're had, we had hoped the kids, it's not helping bull. That is, that is untrue.
To help support, impacted families presented by
is charging the de ages
They held the human services department with protecting all of these
brennan families from attacks on their access to healthcare and hasn't
What did hs released new sample policies for states on how
spend access to comprehensive health care for energy bt q plus I'm on his patients,
The presidency is also directing the department of education with addressing the impacts of state. Was the target these unions and his charge that apartment with releasing a sample school policy for achieving full inclusion for EL gb cheek you, I plus students? What does that
actually mean in practice. It means there are going to try to withdraw federal funding from any school. That does not allow a boy to go into the girls bathroom that they are going to try to connect federal funding too
calls not telling parents about children.
attempting to be socially transitioned at school? That is what this
illustration is going to do and it doesn't stop there there's much much more to come. So you you're, worried about you know whether you can put food on the table tonight.
The president is also laser focused on what
five year old boys actually grow and what he can do to make sure that you have no say in the matter of all. This makes you think man I just want to crawl in a hole and die, because this administrations esther before you do that
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yeah.
But don't worry Joe Biden agenda for this pride month. It goes,
even further again leaves are focused on the things that matter to american families like whether we can cut the healthy breath after fifteen euro growth quote addressing conversion therapy as a candidate.
Been pledged to help, and so called conversion therapy, discredited and dangerous practice that seeks to suppress or
things you, sexual orientation or gender identity
EL gb t I plus people,
so, first of all, when you think conversion therapy this, what the left loves do, let's take terms and actually have a meeting,
broaden that meeting too good a bunch of things that are not the original term, and then they try to go after it, ok, so conversion,
be original imagines. What you're? Thinking of when I say the words conversion therapy, somebody strapping electrodes, two kids, who they who might begin
and then trying to essentially creed pavlovian response that is antigay. That is why, when
and you'll. Think conversion therapy that so they think they think electroshock is being applied to gay goods. That is not what this minute,
Just talking about they're talking about a kid comes in and sexually confused and the pastor or the psychologist psychiatrist talks too
about that without saying clearly your day, and we should just celebrate or
clearly remember the opposite. Gender in Dublin is totally insane.
They travelled comes in and says I am a member of the opposite gender and the therapy says you know what you clearly have
Logical sex: let's talk about why you're feeling missile lines and maybe we'll wait,
does he have maybe these feelings assessed, or maybe we'll talk about what you can do?
live comfortably inside your own body without lopping off body parts? Regan
strutting generals that done properly function and companies
of hormones that may shorten you're lifespan and or give you osteoporosis if you do that
You say that a psychologist, Joe Biden says that you are now in conversion therapy today,
to the white house. President Biden is using his executive authority to launch an initiative to protect children across amerika. It protects kids to prevent them from getting the medical care that they seek and their dependency and crack down on this
for practice which every major medical association in the united states has condemned. Well, actually, that's not true
many medical association and condemn you. Don't traditional conversion therapy because is bad and ineffective and immoral, but that is not the case
conversion there'll, be that you are talking about getting broadened out the term children horns
both you so called conversion therapy face higher rates of attempted suicide and trauma again the data they
is attempting decide here that no footnotes, I've noticed numerous states,
the country of already passed by partisan laws, prevent exposure to so called convergent, thereby within public and aunt governor signing state bans on conversion therapy in law it despite these efforts, many people,
the united states around the world are still subjected to this practice again,
bans have been signed with regard to you know. Electrifying kids, however, bans stupid
we are a bad idea. What you're talking about a kid questioning their sexual orientation or gender identity and someone talking to them about it without a meaning.
Reaffirming everything that the kid believes
bite is now charging atra. Just with leading an initiative to reduce the risk of youth exposure to this dangerous practice, Hs will explore guidance,
provided beverly funded programmes cannot offer so called conversion therapy, but first of all, like were
utterly funding programmes regularly offering traditional electrode de genitals conversion therapy than us.
President Biden is also encouraging the f tc to consider whether the practice constitute
an unfair or deceptive act or practice and weather
consumer warnings or notices, he's directing the secretaries of state treasury and asia, tries to develop an action plan to promote an end, so called conversion therapy around the world and ensure that
worn assistance dollars. You not fund the practice so yes to funding abortion all over the world know to funding psychologists
overseas or dealing with consumer gender confused without Amy
It is clear member of the oxygen or undecided chop off it really rare.
Strong stuff from binding ministration are standing up for the things that matter for for not only children here, but children around the world. A sort of napkin,
nationalist conservative critique of the of the
liberal governance of the united states, is that the amount that big
We used to be that when america drop a bomb on a four nation, have an american flag on it. Now what the left is. Basically
on, as if they stick a gay pride flag on the bomb, we'll drop the same bomb but declare virtuous.
and hard to see what I mean is politically wrong when it comes to Joe Biden at this point. So what else is he doing
cause of discrimination and bullying nearly half of algae bt q, I plus you sure,
we considered suicide lester again a lie here: the idea,
at the high suicidal ideation rate among kids,
Turn of sexual identity engender ideology that this suicide rate is driven primarily by believing discrimination it to lie. The data do not back this up in the most, how
in areas of the country where, by the way, the rates of identification
broader rubric are now extraordinarily high, read their centralized in very specific locations. Women
Eric specific ideologies,
the suicide of migration, which remain incredibly high because it turns out certain types of
invocation in certain types of activity are highly associated with suicidal ideation, regardless of whether mom and dad gimme the thumbs up or the thumbs down. Elm gb teach you
plus people of all ages, says the administration also a significant barriers accessing healthcare and health disparities to safeguard access to health care for
el gb jake, you plus or minus patients, and addressed
the algae beating you, I plus youth health, mental health crisis. President Biden is taking
Is charging Atra just we're taking steps to address the bear
and exclusion policies that encourage
and families face in accessing quality, affordable, comprehensive health care, including mental health care, reproductive healthcare and hiv prevention and treatment? The presidency
or changes charges, age,
just work. What stage to promote expanded access to gender? Affirming hair adds right. Now, the fairy
going to be subsidizing your state to give your kids a bunch,
cross sex hormones excited Joe Biden. Is I mean it lets us
not really about this, doesn't what's going on, he's got a bunch of idiot
in turns from well as we who have figured out how to milton
eyes the american government on behalf of the radical gender ideology and he's asleep in the back room after eating a cream await, and that's what
sure going. I know you think Joe Biden hitting a writing these policies. He ain't here we know. What's going on it
charges H, addressed to help prevent algae. Beating
You, plus I suicide
expanding youth access to suicide prevention resources,
You know one of the reasons why perhaps you have higher suicidal radiation rates across young people in the united states is the promotion of this ideology. Maybe that is
one of the reasons why it's very weird,
as the idea of l, gb, cheeky, plus right
in society look at that suicidal radiation right, it's going up. Well, that's amazing to you would imagine there was going down because there are more people. Kimonos tolerance advance, as you would expect this recital radiation rate to come down and wrong it
now that they are both rising in tandem with. Should
an association does it not, but
Laurie Joe Biden, has even more, he says,
children and families from El Gb July, plus groups deserted,
in dignity and respect as all american families, but they can.
if a significant barriers and discrimination wrong death centres for El Gb, you, I plus people
Young people, family rejection, can lead to disproportionately rates of homelessness and over
and in foster care. It's.
Etc, are just goes on, and on he's doing me
or about making sure that your kids are on a member of
Sexual minority than he is making sure that you are not being five dollars for gasoline. That is for sure, so
he also went after specifically florida and Rhonda santa's. Of course, and this of
It is the most important thing because it
cresting they're gonna win on the basis of this final note here final note: the
oh christ, when they claim that their goal is not mainstream this stuff into the minds of gets just understand along. It absolutely is openly say it is not just about tolerating people will have a genetic predisposition for particular activity. It is not just about making
life easier for those people. It is about promoting an agenda and clearly doing so
which is why it is not the world's most tremendous shocked that the Michigan attorney general is the quote of the day. The Michigan attorney general apparently said, and I am not getting this thing. This person said quote: drag queens, make everything better hurry go her name is
Dana nestle. She was speaking any civil rights conference in lansing, and here is what she had to say.
No
drive
okay
now
ah
being a drag queen for every school, a chicken
in every pot, a car in every garage, the drag queen and every school. Well at least they're, saying the quiet part out loud now. At least we know what the actual agenda is, and that is recruiting your children into a cult.
Oppressive individualism that is going to wreck their life and also ruin the future of america good job. Everyone seriously, a dragon
in every school. This is what we should do.
What we ve got some pretty serious educational issues in america like for the, for example, the fact that we have made
of educational gaps in math and science, between the races and we have schools that are completely
ailing on every score, and we had people who are completely out of school for a full year and are now you're behind and kids can't read competitively with there.
Here's in other countries and I can't write competitively with their peers in other countries,
massive educational problems here in the united states have an entire generation of people who have been in force.
the united states, is congenitally evil and supports your with lot problems, but all of that can be fixed by
drag queen and every school a dry.
Queen in every school. This is what the Democrats are focused on, like a laser beam
According to the federalist, came through twelve,
must allow boys and girls private areas now to obtain federal funds for lunches,
breakfast and snapped
as the bite ministration announced this month. I, u s apparent education, spoke
and told the federalist, binder ministration press releases from several agencies announcing this policy will be followed by formal rulemaking in june, so you want to feed your kids. You gotta make sure the
He goes James, bathroom, really important, John L, sesar,
negative directive, the indiana non public education association said viii, a phone call
Are we playing politics with feeding poor kids, which is really unfortunate because of a school
hills, they cannot participate because it in conflict with our or values. If religion exemption is not granted you're taking away a programme as feeding low income cats and by the way, speaking of taking
educational opportunities for kids. Speaking
destroying religious institutions. I've been proclaiming for while, but the agenda of the left is to completely
Roy educational institutions of religious bent and traditional values in this country, and now it is perfectly clear that this is what the left it seeks to do
the most obvious example of this- is something happening. It usually universities issuing universities. The largest modern orthodox institution education,
situation in the united states. It it is home to tens of thousands of orthodox jewish students is an all
rocks, just as the name might suggest you shiver university is an orthodox jewish institution, which means that it follows basic lack letter, jewish
ah meaning that it is not in favour of homosexual activity, because you know the bible and stuff. Well,
now in your court has ruled that you should
Diversity must host in l a
be jake. You plus club on cap must it is
an openly religious institutions with the name you should buy in the name half of the university.
The slogan of the of the university byways torrent ramada, which means fora and said
we're studies.
He tore a lot, I was meant to be a rubric for a broader issue.
creation of secular knowledge like science and math and literature with Tom you too,
studies is what you should university was dedicated to or Melanie,
the court has said you can.
Be a religious institutions. Does education in the state of new york? You can't.
This is literally what they said: judge win cotton,
ruled on tuesday. According to the Jerusalem post, the why you, as a non religious organisation, is subject to new york city. Human rights are now you might say, there's always a nonreligious organization is called. You should be universally wrong wrong. You see it's an
occasional institution that does what
kind of.
This is what they are saying is what aid this is what a court just rule
de noort county supreme court erected to me,
we grant plaintive? Why you pride alliance befall equal accommodations advantages, facilities and privileges afforded to all other student groups
you shouldn't university. So, presumably, you now have to have a christian alone,
I usually university, and presumably you have to have a
For one orthodox jewish alliance
any sort of muslim and christian university in new york city, because after all the militant they want, the quick they want you to
left alone rebel. All they want. Is you have what national action? What they want is for you to reflect all of their views and destroy your own value system in the process, and if you oppose them, they will
Draw you in the decision. The judge determined
you shouldn't university is not a religious corporation, is
all that you shiver university, a dumb ass in it
since you order that dependence. Why you universe you from university president ARI Berman, be quote permanently, we're still
from continuing their refusal to officially recognized you. Why you pride alliance has issued an organization because of the member sexual orientation or gender.
Or why you predilections status mission, end or activities on behalf of the beating you students in two thousand twenty, while you order paper, titled,
bringing inclusive community on the issue of algae beating you, people in its institution in shipping
these holy committed to and guided by holocaust, which is jewish law into our values. That paper began these direct our every effort in establishing a caring campus community. That is supportive of its members
document why you said that a team of administrators, psychologists and rabbis been foremans meeting with individual students and alumni, and then they announced steps that they would take to address the concerns, and they talked about increased support for
Dunes have raised concerns regarding sexual orientation or gender identity, for ensuring clinician on staff and specific l, gb ciccu, plus experience and the matter
The none of these matters because
religions. Institution is no longer religious institution according to the courts of new york. Why?
who's, your private university. By the way, it is not a public university and as for campuses in new york city, so
This is the idea that the agenda of the left is never tolerance. The agenda of the left is domination is just
and they wish list,
this domination, two younger and younger kids, not just colleges not just
childhood to younger and younger kids, which is widely propaganda.
association, the world professional association for transgender health which w bath, which is a wild propagandistic organization, said that they have now
you recommended minimum aid for starting gender transistors and exciting they're they're moving into ever ever down
so now they say hormones should be started at age. Fourteen fourteen year old, we should,
young forty, no boys cross at hormones. Absolutely why not? They can't consent to sex.
Can't have a cigarette again have a drink, they can buy a gun, but they can start the process of transition. Ways can start the process
Of becoming sterile and cutting off their genitalia and girls can start the process sterilizing themselves and cutting off the breast. It's all
a very exciting and if the
ok, maybe carve a piece of their own body off informant into a penis and sold on them. Well,
the opportunities available to these get our interests. Don't you just feel like
how many opportunities were foreclose from you when you were a kid, my mom and dad we're like not scenes
european as your boy, those bigots
all of human history and all mammalian biology, know so much bigotry and in the real world, so glad
The path is every change, all that so now
here, that some surgeries should be done at age, fifteen, or maybe seventeen
A year, or so earlier than previous guidance, the group acknowledges its potential risk, presented two unethical and harmful to hold early treatment,
which of course makes sense because they believe the biology is an imposition on your support,
incentives, our biology of reality,
is an imposition on. You is perfectly predictable result of what I have called over
or in the words robber, Bela, expressive individualism. When you are
The only thing that matters is your feeling on the inside every thing that, in
your feeling on the inside is opposition to you. That includes the real world include your parents. It includes
society include. Your community includes roles, rules and science. All of those things
completely secondary to what you feel on the inside and that feeling that begins when you're a kid
begins its early because we all have feelings. Don't we and that's the important thing
you sosius and provided the associate. The associate a precedent, advance copy of its up data had a publication in the medical journal I mean. Just me.
you know you can find. A medical journal mounted basically prevent anything. The update is based on expert opinion, and
scientific evidence on the benefits and harms transgender medical treatment in teens, whose gender identity doesn't match the sign the sex. They were assigned a part. The groups as such,
and is limited,
ro in the last decade
oh, no, actually it it hasn't. There are no good longitudinal studies that demonstrate a radical reform
and in suicidal ideation among kids, and again that the notion that suit
Reductions, suicidal ideation requires that we produce
The boys can be girls that has
rather large societal costs. Does inopportune indoctrinate all kids with this idea, but after all
There is one thing that we have learned over the past few years: it's that site,
is really what matters to the left. They care deeply about science, which is why there are still telling you that you need to go
covered shots, your baby. This is a new thing, Alex corral
whenever seventy thousand google career certificate graduates to google cursor difficult programme completely change the trajectory. My life I've always been interested in computers, but I never thought I could turn this into a career anytime. I got a little break. I just pop opened the course on my phone that allowed me to have that path into a career that are passionate about train on line
for in demand jobs in eighteen. You ex designed data, analytics project management and more,
is it grew, dark google, slash certificates, they're saying it covered shots.
in their or outside it all the FDA advisors are endorsing first covert. Nineteen shouts for kids under five now, you might say yourself hole up. A second isn't
through at a vanishingly small, ranging on the non existent number of some.
Children, have died from covered alone like without pre existing conditions. It isn't it true that the death rate for children
verge on the non existent. Yes you're right about that, but that is true, but you should still get ashore
it very important that you get the shot you should get the job, because, after all, it's gonna prevent transmission of the disease will lapse. Second, do that and you shouldn't
they should get the shocks will prevent them from that. While they weren't gonna die any way
and also with their some really good long from studies on the effects of these vaccines under what actually not
really, but it was unanimous. The FDA says you have
vice report. These aids all good to go for your six month old pump decade, full of that covered vaccine outside it.
Its voting unanimously, the benefits of the shots outweigh any risks for children under five as roughly
in a million youngsters their last.
group united states without access to cover nineteen dioxins, many pay
I've been anxious to protect their small children because they ve been why'd you by the media.
and one of the things that I think has been so encouraging throughout this entire pandemic is the way that we have followed the science right. We still have doktor anthony
yeah they're saying that it's time to get your sixth and seventh booster. Sadly, doctor voucher tested positive for coven witch, and yet he did all the right things. He did all the right things doctor voucher
doktor algae, not I e was the great proselytize her on behalf of not just the original vaccines. I like the original vaccines or the booster, which again useful for people are particularly at risk. People who are older people have pre existing conditions
but anthony voucher has basically made zero covered his goal, but in his own person
She was unable to prevent the transmission of covered according to the new times doktor anthony algae
president binds tat. Medical advisor for the court of pandemic has said
for the virus is experiencing a mild symptoms in national
sensitive algae and infectious diseases said on Wednesday. He was on fire
he was positive and a rapid antigens ass. He was fully vaccine.
the virus had been boosted twice, which again the vaccine.
And prevent serious illness and death. It does that's what the statute it does not prevent transmission.
it's done and now with regard to I'm across
not really rounded elder is currently taking place.
livid defies antiviral therapy authorized by the fda for treatment of kobe nineteen. This was the first positive
or anthony fauci at age, eighty one but
Has the your time is? Hardly the only big names suffer again: you're gonna get you're gonna get on the ground
just are everyone's because its now effectively like the flu or the comical.
you're you're, going to get it now,
they preventative measures brings of dying modest. But it's just reminder that all of the wise that you were sold over the last couple of years and if you took the vaccine, was going
and transmission? That's why? If you are young and healthy had to take, it was important. You're gonna stop gramophone getting its well that wasn't true. It wasn't drew now,
That doesn't mean nation had taken a vaccine. I took the vaccine, I was doubled, acts, but I'm not boosted. The reason I was
boost. It is because I do not need a booster because
about immunity,
the one I actually got on IRAN, which
fairly certain I had a few months ago is my kids at it
when it. When I got on the grounds that it was pretty mile, it was probably
fifteen? Were I've ever had? Maybe it but again
The idea here is that, when it comes to when it comes to
Besides, these are the experts and, as always,
what your neighbours to the north to see how the have left would be if they had full control of everything. Not only have they abolish the right to self defence in canada. Now
talking about how folder
the nation means three shots not do.
To those who steel still protects,
significantly well again, severe disease and death to those
These are not enough. Now to protect against infection,
and transmission and that
is why we are transitioning now to end up to
Vaccination definition,
It means to be adequately protected against coded ninety fully protected. We two doses doesn't work anymore
ok, well, I'm actually, as it turns out, according
and he found her neither as two doses plus two boosters. If you tried my promotion of transmission began, we should trust the site
because when they say it's time to chop a healthy by parts off of small children, while you know they are, the scientists
just like the federal reserve, they were the experts, the experts, you should always
customs there never wrong, except for apparently all the damn time already women back
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army boring superman.
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A bench bureau show is a daily where production, copyright daily wire, twenty twenty two,
throw them out, while show the by the ministrations celebrates pride month with executive order is meant to ensure that more children are drugged and castrated. Also, protesters interrupted, drag queen story our and are now being investigated for a hate crime because of it. But I hate crime against
and taxes lawmakers sent a letter to the white house asking for an official legal definition of the word woman but question based on my experience. We're not gonna get one now
candy, has a new book out meant to indoctrinate more children into the sea article nine,
Cancellation george wash, are universally changes, its colonials moniker for reasons
make no sense whatsoever, we'll talk about all that and more today, that one show.
Transcript generated on 2022-06-18.