Joe Biden threatens the saudis after begging them to pump more oil in advance of the midterms, and it looks a lot like a quid pro quo. The new inflation numbers come in hot and the january six committee votes to subpoena donald trump and ben shapiro. This is the Ben shapiro show the the should be russia sponsor my expressive. Bbn protect your honor privacy today express bbn, dot com, slash Ben speaking of protecting your online at privacy. You know binds infrastructure broken with passed last. Well. Here's something you probably know about it. In a few years, every car might be required to come with a safety device that actually allows the government too under you? That is scary, stuff? But here's? The thing government is kind of monitoring you now, because big tech monitors everything you do and then they can hand that data over to the government at any time. This is why you should protect your internet data. The same way that I do. I use express vpn your no provider can keep logs of your internet activity like the site you visited and how much time you spent on them when you use expressly plan your internet. activity shielded there

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thirdly threatened ukraine with removal of military aid, if ukraine didn't come up with some sort of dirt on hunter and Joe Biden and the there there is actual criminal charge named in the impeachment, proceeding that there is a suggestion that there been bribery or that the use of american power in order to facilitate your electoral demands and to hold up defense aid for an ally on that basis could be impeachable and remember. President trump was in fact impeached in the house before he was acquitted in the senate on those grounds, and you will remember that the new york times was a big backer of that impeachment effort. In fact, they put out an editorial in november of twenty nineteen talking about why Donald trump should be impeached, and here is what they said. They said quote: americans agree to give their elected officials power over them and those officials, to exercise their power on americans behalf if the donations leaders breach the ideal lining their own pockets and borrowing their interests of their citizens. They break the trusted. Self government and democracy depend upon the testament

of our indicates its even worse. In this case, it suggested mister from and simply soliciting a bribe, but doing so to try to read the next election, it should go without saying: center of democracy cannot work if its leaders are cheating You keep themselves in power and the idea was donald trump had engaged. A quid pro quo with ukrainian get essentially threatened, remove from them the weaponry that they needed in order to stave off a possible rush invasion, which of course, didn't happen, while tromp was present, happen, Biden was present and that he was leaving them with. That said, they would go and dig something up on hunter and Joe Biden for purposes with twenty twenty election and firms. was one though I really I care about rooting out corruption in ukraine really. I am worried about all this, because ukraine has had serious corruption issues breeze, Missouri corruption issue and his opponents was ended and that's all bunch of crap the reason that you're doing this is for electoral purposes. The one thing that we were all supposed to agree on left and right is that quid pro quos for purposes of domestic political gain are bad, but these are bad. These are according to democrats.

In Portugal. The only question was whether donald trump had actually done this or not, but certainly it was unimpeachable offence to, for example, demand that an american ally do a thing for you specifically for you for your life, we'll efforts and in return you would give them something that american taxpayers for paying, for that would be a quid pro quo. Well. This brings us forward to today because ass it turns out It looks very much like this administration. The bottom insurrection has been participating in a quid pro quo. With this out is unfair Well, while ukraine denied there was a quid pro quo arrangement with donald trump during that impeachment preceding you remember this once he came out, and he said none at all. Well that that's not how I read the phone call. The salaries are saying up that there was an attempted broke. Well, here job: was pressuring us to essentially pump oil for one additional month to get him pass them.

Elections to keep those oil prices a little bit lower than they otherwise would be, and then he would presumably step off the gas himself, figuratively speaking with regard to his persecution of the saudi government has cracked down, on this year government, according to the uk daily mail, the binding ministration waiting with saudi Arabia and other opec plus members urging them to hold off another month before announcing oil production. Cut move that would have delayed the stunning announcement until after the midterm election the ministry in framed its objections that production costs as boosting russian president Vladimir Putin's brutal war in ukraine, but according to the walls region, The sound is rejected. The admonitions viewing the administrations objections as a quote political gambit by the bind administration to avoid bad news, so you'll mode. The divine administration did not ask for say a six month increase in oil pumping. They did not ask for flexibility over the course of the coming year. With regard to pumping that oil in order to quash russian effort in ukraine

No, they asked for a one month pause one month which would kind of suspicious brings you just past the election and in fact the saudis have now put out an actual statement confirming effectively speaking that Joe Biden was pressuring them for electoral purposes, their statements, as quote the kingdom of firms The outcomes of the opec plus meetings are adopted through consensus among member states. There based on the unilateral decision by a single country. These outcomes are based beyond economic considerations that take into account maintaining balance of supply and demand in the oil markets as well. its aim to women volatility that does not serve the interests of consumers and producers, as has always been the case within opec plus the government of Kingdom of Saudi arabia affirms that any attempts to distort the. You're. Not the kingdoms. Position regarding the crisis in ukraine are unfortunate and will not change the kingdoms. Principled position, including its votes, were you, resolutions regarding the russian ukraine crisis based on the can its position on the importance for all countries to adhere to the, u n charter principles of international law, the kingdoms, rejection of any infringement on the sovereignty of territories of countries over their territories

in other words out, he sank. Listen, we voted with you guys against what russia is doing in ukraine are trying to say that we are sort of in the russian pocket, Just not true we're doing this. Our own economic reasons, but this is fascinating, quote the government of of the kingdom of god, here. I would also like to clarify that, based on its belief in the importance of dialogue and exchange of views with its allies in partners outside the opec plus group regarding the situation in all markets, the government of the kingdom clarified through its continuous consultation with the. U S, administration, that all economic analyses indicate that postponing the opec plus decision for a month according to what has been suggestion, would have had negative economic consequences, and so that is the very not suddenly said, you asked us for a one month away and we notice- and that is now good economics and is not good for our business, but the most. One thing is that Saudi is confirming that bind didn't ask for an indefinite delay on production cuts. His very one month, delay on production. Cut and as soon as it became clear that the saudis we're not actually going to do that. The white house then make they want to re, evaluate ties with the shouted

words tells very much like they are threatening an american ally with everything on the table. Up to putting the possible removal of military aid in the face of iranian production the yemen in the who these or iran directly their threatening that in order to get saudi to jack up its oil supply, just for an election. That's what it sounds very much like, according to the west imposed. President Biden is kicking off a process of re evaluating and potentially altering. U s. Relation saudi arabia, following the announcement by saudi led coalition, would slash oil production. The white house said on tuesday officials. tuesday Biden is doing so they offered no details on how the relation to my shift or what policies, the president is considering my house, Has been john Kirby told reporters got in light of recent developments and the upload pus decision about oil production. The present believes we should review the bilateral relationship with saudi arabia and take a look to see if that relationship is where it needs to be he said this something the president's been thing about. Certainly in light of opec's decision I mean they're, saying the quiet part out loud they're, not saying

This is the combination of a gradual breakdown in our relations with the saudi they're saying: listen. If you guys had pumped the oil, we would not be reevaluating our decision. You didn't pump the well until we're reevaluating our decision and what were we asking for a one month delay I mean they're, saying broken broke all out. It's unbelievable! Actually, now there's nobody. media who sees this apparently as a serious problem, is totally ok when democratically this kind of stuff, it is totally ok when brow about obama says to Dmitri Medvedev in advance of the twenty twond election that he doesn't Some flexibility from Vladimir Putin, and then he will be able to get past the election and you'll give him the flexibility he needs to treat with russia in a more silly a tory fashion, but that was totally fineness over and apparently it is totally find when Joe Biden openly like in front of your face, asks a foreign why you do a thing for him for electoral purposes, because again, a one month, delay in oil cuts does not really but but the american public, especially if that is going to be balanced out by morning,

the oil costs which are going to raise the price even further doing this for electoral purposes, and he saying he's doing this basically for electoral purposes, with timeline and anything Well, maybe will remove the military aid me. Joe Biden was literally asked yesterday about the passive. would of have a military aid or didn't answer the question. Green jobs, all the wildly the untenanted, why has per secretary? She was out there saying sure you're gonna, be consequences for society. Doing what we want them to do? I can't

I speak for their intentions. That is, you know over their timing. That's not something that I can speak from, but what I can speak about is their decision and in the time of global challenges, economic challenges that we're seeing this was a decision. That was a mistake, and we can speak to that because it was actually something that we saw them do and it's going to hurt again. You know economies across across the globe that are middle lower income, and so this is a bad decision, and so they will have consequences. As the president said last night, and it was again a mistake, it was a mistake. A mistake and they're trying to yeah spin is a little bit like. Well, you know is really for those low income. I notice something that those low income countries as the world countries there proportionately siding with saudi arabian russia. You know we could be too and we could be providing them the energy

supplies they need. Considering that america is, in fact the world's number one producer of energy, but we're not doing that stable ripping on the salaries. Begging, the saudis these in an election two makes where the oil prices are just low enough. So maybe the Democrats, our her tibet, Bloomberg jonathan actually asked the white house budget director o brien geese about whether the white house pressured opec plus to delay cuts for purposes of the election and is essentially attempted to avoid the question. Did you want to sell days to delay the decision for a month? They tell them the truth or not. Look I'm not gonna. Do I'm not going to do on unerring disclose private conversations that member not arrive and salaries are fed up with. It was kind of oil for china to size. True or not, is it true or not? What I will say what I will say? What I will say clearly is that the communications that we ve had with opec members and continuing have been based on our assessment of the economic circumstances of

supply and demand and global oil market, that that's an amazing statement where he he's just refusing to say outright whether they ask one month delay or the six months now we know he he's not rebutting salaries. Calling the wires. So does that tell me quid pro quo. Does that sound, like the president of the united states, is effectively demanding that this please just do thing. He wants for electoral purposes and he's going to threaten them with everything up to and including the removal of military aid in the most volatile region on planet earth. If the he doesn't want it's absolutely astonishing. It's absolutely astonishing gay, but meanwhile The media are focused in like a laser beam, not on that. You think that is happening in real time right now. What the president of the united states, threatening to effectually increase conflict in the Middle east, in fact, is that, if this administration at any level of of either understanding or decency with regard to the middle east, but they would be doing is attempting to facilitate the addition of saudi arabia, to the abraham accord, they were handed a legacy in

east, nor sitting in Jerusalem right now in one of the amazing things that have happened in the middle east over the core: last. Four years has been the abraham accord, which has brought to the peace table. real, the united arab emirates, sudan, morocco, a bunch of countries and shout It is perfectly willing to enter those abraham records all they require, a couple of fairly minor can guarantee the by demonstrations been not only completely unwilling to do that. They been fostering negotiations with Saudi arabia's mortal enemies, in IRAN, the ayatollahs were busily cracking the skulls who refused where he job Their negotiate with iranian europeans, meanwhile, are spreading their terror tentacles from syria to Iraq, to Lebanon, to the Gaza strip. and then this administration is threatening the salaries This administration is actually making relations worse with the salaries determined. We could be building a burgeoning american alliance. Opera america alliance in this region.

This reference pursuing precisely the optical and attempting to blackmail saudi arabia for Joe Biden political benefit but fairly. Well, that's what We will pay no attention that that is inoffensive its toll, not a problem that the president of the united states is effectually, engaging in a quid pro quo with saudi arabia an american ally again facing down from the worst people on earth overrun. This does not mean that this house, wonderful humans. It does not mean that this house Don't engage in human, they do so. It is pretty much ray american ally that we deal with outside the west, but is fairly astonishing dmitri? Just don't care about this. What do they carry out? They care about generous ex they care about general. Six of the generous IX committee held its last hearing on thursdays last one before the election and dumb and supposedly had a bunch of revelations two percent. They declared themselves victoria's by the way I ve benny thompson, whose a democrat member of the committee from maryland he he we proved our case. We prove the donald trump fulfilled.

stated and made happen the riot of january six in an attempt to overthrow him up and even prove that I'm sorry you did that the thing you did proven that we already knew because we sought in real time. Yes, you didn't have to prove it is. The Donald trump was attempting to put pressure. election officials in places like georgia in arizona in order returned the results of those elections and not have the electors certified no state like we knew that use publicly doing it. It was terrible, is bad in, but did no trump actively tell people go right at the capital? Was organizing behind the scenes with the proud boys actually riot at the capital, which is the charges? making of him mean they haven't proved that so what exactly they take ways from last year in washington. Post has a bit of a run down that the big take ways, of course, are that donald trump do not properly bond to the riots on generous eggs, which I think again we knew because we have a clock. Again like there's a thing called the clock, there's think I'll twitter and we had availability of both during january. Sex donald trump did not

bond with alacrity to what was happening in the capital building? Yes, true is a worthy revelations yesterday, while they brought forth some tape of Nancy blowsy, being nancy policies and anti policy apparently camera and she was watching down from speak and then choose Things like she's, gonna, punch, trump of trumpets, gonna come to the actual capital building with the crowd or whenever I have serious doubts that eight year old woman was about to start jumping on donald trump and pummeling her with her with her bony fest, but none we're supposed to pretend that this is inactive. Great heroism, financing, Nancy, fine, whatever here is nancy policy the said they have waited to handle them. They told him, they don't have the resources. Protecting year, seven he is not coming back. Council pensionary, waiting lists for trespassing one to tackle I turn now to go to jail, be happy again.

waiting for this? Well. If she had really been waiting for this, then maybe she should have staffed up security at the capitol building. Concerning changes to the speaker of the house Save those revealed have a chuck nancy blowsy begging the attorney general to get trumped it to tweet. To help people to leave the capital building so again, we know. All of this I mean this is. This is not big revelations happening right here. Just underscores bad stuff. The we knew trump was already doing. Breakin went out of them going hand ransack on their offices and all the rest were that that's things are concerned. We have about health and safety is to just transcends everything, but the fact is on any given day, their breaking the law in many different ways and then tied frankly much of it at the instigation of the president of the united states now and if he could could at least tell someone why don't you get the president's tell them to leave the capital. Mr thirty german,

and your law enforcement responsibility, a public statement. They should all leave ok and jump eventually did put out of any obviously telling everybody to leave that. What? What is the purpose This was color commentary and stuff that we already knew, but again it's designed to sort of refocus the country from the fact that we have a disastrous economic report which we'll talk about in just a second and failing foreign policy and a president who doesn't appear to be coherent anti, and so, let's focus in on donald trump. So what are the january six committee actually show yesterday and not particularly much they? They showed that trump prematurely. declared victory and that he intended to do so that, of course, we knew already again a lot of this minority that there is a suggestion by former whitehouse aid, Cassidy Hutchinson. That from already knew that he lost and that he was doing this despite the fact that he lost current hutchinson from said something like what I don't want people to know we lost this is embarrassing figure it out. We need to figure it out. I want people to know that we lost hutchinson said this was a verbatim quote, but you said twice:

spoken in terms that indicated he knew he lost. What, unless you have some actual verbatim quote again, can be very hard to prove. All of that So, as I said before, down from his unique capacity to talk himself into positions as we know Actually, it's a lot of things that are quite false. That's me, he's talk themselves into them that they supposed by the evidence from might have approved of the riders began not really anyhow evidence that him might might again No evidence really provided the committee. Leaning on the secret service, according to the washington post, apparently a lot of agents expressing concerns about the january six rally more than a week before, which again raises questions as to why security wasn't up to the actual capitol building will get more on this in just one moment. First, if those high interested you're, making it hard to make a dent in your credit card. Yet it might be time to rethink your and you need to be more money in your pocket. Pay off those credit cards faster with a low, fixed rate loan from leg stream. A credit card consolidation from light can help. You pay off your credit cards and lock in a low, fixed interest rate rate started five point: seven: three percent:

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that's the best offer, yet it won't last long hurry and over two helix sleep tat comes, I spent with helix better sleep starts now and then finally, they got to the big story. Of the night and big story of the night was that there was a unanimous vote pino donald trump Russia is really more a dramatic photo up than anything else. Because, as we'll discuss in moment, there He is no legal basis for compelling the president of the united states to testify in from congress there in bunch of presidents, presidential been subpoenaed in the past. Some testified, some, not he was, he was really more just a dramatic move in advance of the fact that the Democrats are about to lose the house of representatives and all this comes to a screeching halt in approximately three weeks here, and so here was the Jan six committee last night, voting to subpoena donald trump there's no further debate. The quest is on agreeing to the resolution. Those in favour will say those people,

no in your pain, No, the chair the eyes have it. The clerk will report the vote. Mr herman on this vote. There are none and zero knows. The resolution is agreed to king that you're, a committee that has no republicans on it? Other than with training and Adam kindlier shockingly I I believe that they vote in favour of serbian. So what exactly does the subpoena means nothing It means literally nothing because there is no. for them to truly enforce it. In every legal expert understand, there is no way for them to truly enforce it. Instead, Bannon was convicted of failing to do perform in front of a congressional subpoena. We spend zero time in jail, Donald trump him going to jail over this in the autumn, a while they subpoenaed him they're gonna, throw no. They are not going to do that according to the washington boats, not according to me, they pointing the committee, voted unanimously to subpoena transmit documents and provide testimony concerning events of january sex from can refuse to comply with. The sabena

lawmakers could ask the deal J d charge trump, with contempt of congress, seeming killers, a professor of constitutional law, and why you noted federal prosecutors may refuse such a request. Alternatively, the department could attack and add contempt to later charges if, in fact, they indict him for it for other stuff. They could add, on top of, for example, document mishandling we'll get to in just one. Second, Contempt of congress is the washington post point out. Is it really criminal criminals to ensure people comply with congressional subpoenas banning was convicted of contempt of congress in July, his sentencing is scheduled for october twenty. First, each two misdemeanor charges punishable by at least thirty days and up to one year in jail. Nobody has been incarcerated for contempt of congress in half a century so yeah you're, even you think they're going like who, who I get it giving Joe Biden deal J is one could throw donald trump in jail for thirty days or sixty days for contempt of congress. How exactly that can work? Stanley brand former to the house of representatives.

presented. Some of the generous witnesses took what theirs All probability will ever see that happen. How do you make a case for needing to do this when you're a legislative body, not even a grand jury that you've been acting like? What is one of the other point is that congress, typically, when you have a hearing, there are only a couple of purposes for the hearing. One is a legislative purpose for the hearing right we are going to investigate what went wrong. Sweden create legislation for the future and there's an investigative purpose. Hearing which, as we fear, the of abuse the taxpayer dollars to do something right, it's an oversight hearing. What is that? is this sharing meant to do. As I have said this beginning. What exactly are they discovering here that they want to do something about where's that where's the supposed misuse of taxpayer dollars that they're going to that they're going to clean up why legislation are they going to pursue. The answer is no that stuff wretched. It's it's grandstanding show it listen that that's what a lot of congressional committees are. This is not unique to Democrats and republicans who have run grandstanding congressional committees before that is nothing new, but to protect this is some sort of law enforcement agency. Its law enforcement body is, of course, incredibly silly

Sabena has pretty much no teeth, according to that and why you, professor, to subpoena be the committee's way of giving from a formal opportunity to respond to its work, even if it does not expect from to show up. Instead, I suspect the committee will not try to enforce the sabena what it is and what the subpoena is. Here's your chance down from sure he's he's, gonna, show up and he's gonna what do battle of bennie thompson very unlikely by the way they're. A bunch of presidential in the past have been subpoenaed and some then have testified. Lincoln testified, generally, for example, when he was repeated, but a bunch of presidents have not an ex president. So nineteen, fifty three, for example, from the present harry truman refused to comply with a house subpoena after he was accused of knowingly appointing a russian spy to a position, while in office that has Amir and activities committee, subpoenaed, roman, you refuse to Why, instead of a national broadcasting, ninety accusation and the house, let it go

two decades later Nixon cited from, and when your future refused to appear before a rational committee investigating Watergate successor gerald ford, of course ended up pardoning richard Nixon and that ended the subpoena other presidents gooding thomas jefferson, James Monroe, endocrine, have all been sabena, not before congress, but in civil criminal and military proceedings. There. There there's a bunch of people have testified there, some hope not the bottom line here. Is it there's no way for them to actually compelled from two to testify here? It's all A grandstanding move. Now this me There is no indictment on the way for dollar from that increasingly unlikely. It seems as though the g o j under pressure I'm the generous ask me to do something about drop. It seems as though they are probably going to jordan indictment of him based on the mishandling of classified materials over admiral logo. According to the wash

impose. The trump employee has now told federal agents by moving box of documents in mar a lago at the specific direction of the former president. According to people familiar with the investigation who said that the witness account, combined with security, camera footage of risky evidence of Donald trump's behavior as investigators, return of, classified matures against one of the things that is so irritating about this particular stories. We still have no idea. What exactly are the materials? The trump was hiding in. Why why Was this really just donald trumping, like I really like that love letter from Kim jung hoon and I want to keep it and I don't care if it goes to the national has to get it bell get up put in the other room had undermine address like if so Is that something you send the president, the former president of the united states to jail for, and the possible nominee for president of the opposing party in twenty one, like that's what you're gonna go after him for c stunned january sex and you impeached- implies, but don't get him committed either time- and this is your backup when this description and footage describes. The Washington post offer the most direct accounts data from its actions and instructions. Up to the fbi august eighth search.

border residents in private club, the people familiar with investigations had agents have gathered. Witness accounts indicating that effort from advisers received to subpoena in may for any classified documents for many of our logo from told people to move back whose residents of the property that description of events was corroborated security. Camera footage would show people moving the boxes from spokesperson taylor. Butter watched kind to answer detailed questions for this article which led the bind administration is weapon as law fabricated in document document hopes and desperate attempt to obtain political power, if the president has been given time in deference regarding the administration of documents, as the president has ultimate authority to categorize records and what materials should be classified again, that seems like a spree. Just peace, legal reasoning, but as always, several things can meet for once irresponsibility with documents, given the Hillary Clinton standard of intent to distribute to nefarious sources being required for actual prosecution, very difficult to get to the point where you think the donald trump ought to be,

jail for something like this. According to washington examiner, however, this is exactly the direction of the deal jays moving. Apparently, government investigators are working to determine whether trump committed a host of crimes, including those engaged. destruction of government documents mishandling of classified information and obstruction from denied any wrongdoing. His dubiously plenty declassified all of the records. According to former Mahler prosecutor, Andrew weissmann, quote between vision. The testimony of alex cannon, trumps, email goose, is cooked as marilla though, as I have after the issue is no longer the proof but deal jays will from socrates. Let me about moving my lad. The boxes on trumps orders, so looks as though, according to form a pensioner and special council. My good man quite astonishing levels of evidence that we can ensure, as witnesses, have told, federal investigators effort subpoena for federal, classified documents from told people to move the boxes to his residence, corroborated by security, camera footage, so There are people who are attempting to defend trump, including former federal prosecutor. Not a merry ADI hinder score habit.

Employee who has not been identified, reported changed his story across multiple interviews, the federal investigators to admit that he handled sensitive material, moving the boxes at mar a lago, Mary ADI, also emphasised that the subpoena against from came in may, before from purportedly, gave the directions reposition the boxes, mary said the employee is unlikely to be charged if he continues to cooperate. His testimony suggest from trying to keep documents from the g o J. But again, if you change the story, a lot that's going to lead to some holes in the story where this goes can. It seems highly likely this point that there will be some sort of charges brought by the g o j here. The fact that the general six committee, basically stirred up incentive for a trump indictment on the document matters. somewhat telling it It also happens to be telling, as I said before, that the double and when it comes to document mishandling, is so and so clear. Hillary Clinton is allowed to wildly mishandle classified

documents, according to the fbi ice along, she didn't have intention, essentially distribute them to america's enemies, even if the enemies got a hold of them, because she was keeping them on the internet. That apparently, is not profitable offense. What trump did is a prosecutable offense. Meanwhile, trump can be impeached for a quid pro quo. with ukraine. When Joe Biden engages in open quid pro quo with the full view The american public in the world, public and saudi governments effectively confirming the asked for the quid pro quo. That apparently, is now any sort of serious scandal in the media or or on the left. Meanwhile, all of this all of it is a distraction from the new economic. Ports. Inflation can changed, come an extraordinarily hot, with more than just one. Second first, as you may know, the economy is in a shambles, and it's going to get worse in the near future. Pretty much every economist is now predicting a recession is coming a worse recession. Well, if you own a business, the past few years have been a pretty bumpy ride, which means that if you overpaid, Taxes. You probably should try to get some of that money back if your business has

I've or more employees and managed to survive covered, you could be able won't to receive a payroll tax rebate of up to twenty six grand per employee. This is not alone, and there is no payback is refund on taxes you probably should have paid in the first place. The challenge is: how do you get your hands on it? How do you cut through the red tape? get your business threefold money you hadn't over to get refunds, dot com there too much. To turn? These are highly trained in this little peril tax reform programme in already return, one billion dollars to businesses, and they can help you to bid you all. The work no charge up front simply share a percentage of the cash they get for use a really. There is no risk involved bids. Is of all types can qualify, including those who took ppp nonprofits, even those who had increases in sales head on over to get refunds, dot. Com click on qualify me answer a few quick questions: this payroll tax refund is only available for available limited amount of time. Do not miss out, go to get refunds at dot com again, that is get refunds. Dotcom also, a few weeks the show. I read your email. We were copied out of my harry's razors customer, whose cancelling subscription in switching over to journeys razors you so ticked off with harry's, Jus signalling nonsense, he's going to pay extra money just to have his germans ketchup,

all the way to the uk, which is where he lives. Since then I been copied on a flood of break up emails. moralizers all telling harry's undulate what they can do with their woke razors in their dislike of you, will gladly take the lead in holding wool companies like recent gillette disney and all the rest accountable. Somebody has to do it right so right now, when you go to germany, razors dont come and get forty percent off your founders kit head on Jeremy's, razors, dot com, start shaving, woke free and don't forget to copy us on your break up email using reviews at Jeremy's razors dot com. Meanwhile, everything that is happening with regard to the January sixth committee or with the guard to Joe Biden convey. All of it is an attempt to detract from the simple fact, which is Joe Biden. Economic record is abysmal. I mean truly abysmal according to our region. U s: consumer inflation, excluding energy and food accelerate we knew for decade high in september, a sign it Strong and broad price pressures are persisting the labour government, Thursday said it so called the consumer price index which excludes energy and food prices rose six point six percent of september from a year earlier, simple,

increase since August nineteen. Eighty two that measure increasing point three percent in august, actually rising faster than it rose last month. So, overall, by the way the inflation report came in at eight two percent, what when they say that it rose six point six percent looting, energy and food people have a lot of money on energy and food as it turns out. The inflation report like keeps the federal reserve on track to increase interest rates by point seven five percentage points at its meeting next month. It also is the risk officials will delay an anticipated slowdown in the pace of rate increases after that or signal they are likely to raise rates to even higher levels early next year than previously anticipated by policymakers and investors again, have slammed on the brakes, because there is so much easy money that was dumped into the system. stocks, tumbled, nerli training before reversing to close much higher on the day on prices fell while yield which move in the opposite direction rose again. People are not my american bonds, because they can see that we're have to pay off all of our debts using these inflated dollars, prices rose at last

for housing. Medical care, airlines there's another serves, is threatening to keep inflation high for the foreseeable future. Investors and policymakers file core inflation closely as reflection of abroad, underlying inflation and as a predictor of future inflation on a monthly basis. The course api was zero point six percent in september. That was the same zog issues up from zero point three percent in July. the items chief, economist america bank. He said inflation I built up a lot of momentum over the last year. That's going to keep inflation higher than the federal reserve wanted for at least a couple more months, if not a couple more quarters. Now, it's going to it's gonna be a couple more quarters. This is not coming down in the next couple of months, core services prices, which tend to just once they start rising, because that obviously means increased wages benefits rose at a one month, annualized rate of nine point nine percent who so the services that you are paying for the dry cleaners, whenever the sharpest rate Since nineteen. Eighty two has now been seen here in terms of the increase in price prices for motor vehicle repair services rose two point: two percent in September month,

a month doesnt euro per year this month over a month, veterinary services and dig hearing preschool increase two percent last month alone. These are price shocks that are their ripley through the american economy? Unsurprising, Bond yields ended higher with due by the inflation data bond those are the gap between the price of a bond and the poor value of the bonds. What that means fewer people are buying bonds, bees, they very little faith in the american government. At this point, bonds rally with stocks later in the session, eroding some climate. Unlike socks, they failed to recoup their price declines yields role. Most sharply on short term bonds, which are particularly so if you near term interest rate outlook council climbed on from fresh worries which tend to have a larger impact on the financial markets and the economy taken together, thursdays moves and stops. Bonds in currencies were difficult to understand, said jack, griffiths senior strategist at the recent. from credit sites. They provided more evidence of just how volatile markets are in a difficult. They are navigate, but treasure yields did technical hearin story said griffiths with rights.

In the short term yields driven by bets on higher rates and the less rapid increase in longer term yields reflecting a recognition that recession risks are rising. So basically, the short term rate you're you're you're not going to invest in a bond that is paying you off. It's a three percent or five percent over the short term, because inflation's going to outpace the actual increase you get from the bond you're instead gonna hold on to the cash where're you going to use that cash to invest in something else going to try to buy it? Like you, don't even know what to do with your money is the reality here, and anyone comes a longer term bonds. The question is going to be: if there is a recession, do you really want your money locked up in those from bad to worse This disaster area for the united states, We are starting to see the same sort of squeeze on our bond markets that the uk has been seen, meanwhile, just you re Enshrine inflation to make sure that it becomes a permanent feature of american life. Are cost of living. Adjustments that are built into social security came in at eight point: seven percent social security checks are going to be about nine percent bigger than they were last year. That is

largest cost of living adjustments benefits in four decades. According to the social security administration,. Now that the administration is championing this actually tweeted out, and then your times was treating up while this is going to be a really help, boon for older americans. They well That's really weird way of of reading in permanent inflation into the economy is a good thing according young people who are receiving social scourge acts, of course, any the extra money. The problem is: that also is an inflationary pressure. It's an increasing inflationary pressure now cole increase, likely to hasten the date of insolvency for social security, trust one according to the non if a committee for responsible federal budget, which predicts Insolvency for social security is going to occur in twenty thirty. Four are not all that far distant at that time, socialist. Ready income, would be sufficient to pay for that. Eighty percent of schedule benefits, which means right, increasing taxes or cutting it benefits or delay of of old age retirement. Those are the three options that are available when, when social security goes bust,

again we're gonna see the federal reserve increase the interest rates more radically. They're gonna have to continue escalating. This thing. Mortgage rates who are jumping tremendously. According to market watch, the rate only populism hormone increase this week to its highest level in twenty years, according to data released on thursday, the average and a thirty or fix loan to six point. Ninety percent, as a thursday, according the result of Freddy matt primary mortgage I could survey that is the highest rate since April of two thousand and two, which means that we are about to see a tremendous cratering in the real estate market when those mortgage rates are hitting seven percent who can afford it. ten percent mortgage in economy it is the shaky mortgage rates more than doubled this year, The federal reserve has moved to combat inflation. Sam cater freddy. Chief economist and what we continue to see a tale of two economies in the data strong job. In way, growth are keeping consumers balance sheet positive, but link inflation, recession, fears and housing, affordability, I've, riving housing demand down precipitously. Basically, people are taking the money out of marking the waiting around on it because it they're afraid you gonna lose their job over the course of the next couple. Of course, and many more

will lose their jobs over the course of the next couple of quarters. All of this coming all these bills, coming you just before the mid term elections is present, Firstly, why Joe Biden was begging the salaries to pump oil a month before the election, the by economic advisers, have no strategy here. They're, just gonna. Try to whistle pass the graveyard here so yeah, brian dese, whitehouse economic advisor suggesting that inflation is really not about americans. Global challenge is the american. The leading factor in the global economy. Inflation is a challenge to global challenge. I think the first and most important point is that the united states. Is in a better and stronger position to take this challenge head on the virtually any country in the world that in no small part because of the policies that we put in place andy strong and resilient economic recovery that we have here in the united states.

Well, is it a worn grid position are weak cause, it seems like you're, the ones who created the inflationary spiral with your vast bevy of spending. I thought by the way the inflation reduction act was supposed to reduce. Inflation was like right in the name of the inflation reduction act and that that is not DE says our policy are making all the different to whom and how explain. Prices are too high, message. The present is delivering is that you have a present administration. That's waking up every day trying to address that problem. head on and we are making progress. We are making progress on energy prices. We are making progress we just have to. We just have to stay at it and so the vienna we we have policies that are going to make a difference. We have pulse, that have already made a difference. We just have to stay the course, and so I have a few quibbles that one I disagree with the presidency's waking up every day and number two. Obviously your policies are not actually moving us in the right direction, but again it it who's. Who, who are you gonna, believe your pocket park, your bank account or your or your

or your administration, and this is the question Yes, it was in Joe Biden. If it wasn't it, burning the ecb, MC adviser due to the chief adviser to you, president Biden on How is that everything is moving in the right direction, which is weird everything seems to be moving in the wrong direction, and I think the question is are Let's makers doing what they need to do. The present released oil from the strategic reserve that contributed to almost a hundred times. gas declines. I mentioned our work on the supply side, the inflation reduction at lowering medical care costs, lowing, prescription drug class, lowering the cost of clean energy so all of these are moving in the right direction. They take time to factor into these price indices and we'd like to we'd like we're going to have a lot of quick up. I know the answer to all this: No areas in the answer to all this is no by the way is not purely because of Joe Biden be manageable at his largely because of Joe Biden being at a job is not purely because drumheller held in bad at his job.

Well, durham hell was bad at his job in JANET yellen. All these people are bad at their jobs. You are, the expert class it turns out is not particularly expert. It has to do more with the simple fact that the west has sided they're gonna blow out the spending, and they will never never actually receive the consequences of that other then in these vast. Recessionary ways in which they blame the private sector. That's the real The main problem in all of this already guys, the rest of the show, is continuing now you're not going to want to miss, wouldn't get into the underlying problems in the world economy, plus we're going to get you ate opposed want in virginia that would affect We criminalize you not trends in your kids, if you're, not a member click. The link, description and join us.