"We're All Dead in the Long Run” the Nihilism Behind Democrat Economics
Today on The Charlie Kirk Show, Charlie dives into Keynesian Economics and the consequences the idealistic perspective has had on on the country. While economic theories might not raise too many red flags for parents, he explains why they should, and how economic theories can rock the foundations of a society. Next, he is joined by Officer and radio host Brandon Tatum to hear his take on the Left’s distortion with Juneteenth. They comment on why Juneteenth isn’t “America’s true birthday,” even though the mob media is shouting that it is from the rooftops. Lastly, Charlie comments one of the unspoken rules for a President of the United States: don’t fall off your bike.Support the show: http://www.charliekirk.com/supportSee omnystudio.com/listener for privacy information.
Transcriber: nvidia/parakeet-tdt-0.6b-v2, sat-12l-sm, and large-v3-turbo
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Keynesian Economic Lunacy00:14:38
Hey everybody, today on the Charlie Kirk show, someone I've been wanting to introduce you to for quite a while now, John Maynard Keynes.
We talk about how he has been driving economic lunacy for quite some time and how important it is to know what he believed and why he believed it.
You can email me your thoughts as alwaysfreedom at charliekirk.com.
We're also joined by Brandon Tatum and Joe Biden breaks a very simple rule as president.
We'll tell you about that and you can get involved with Turning PointUSA today at tpusa.com.
That is tpusa.com.
Buckle up everybody here.
We go.
Charlie, what you've done is incredible here.
Maybe Charlie Kirk is on the college campuses.
I want you to know we are lucky to have Charlie Kirk.
Charlie Kirk's running the White House, folks.
I want to thank Charlie.
He's an incredible guy.
His spirit, his love of this country.
He's done an amazing job building one of the most powerful youth organizations ever created.
Turning point USA.
We will not embrace the ideas that have destroyed countries, destroyed lives, and we are going to fight for freedom on campuses across the country.
That's why we are here.
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Last week, I was talking to some people that are in the political space.
They were here visiting Turning Point USA, and we were talking about the economy, and we were talking about what's happening in our country.
And I kind of made a remark.
I said, yeah, you know, Keynesian economics is really a poor way to structure our public policy decision making.
They said, Keynesia, what?
I said, Keynesian economics.
And these are some pretty informed people.
And they'd never heard of the term Keynesian economics before.
And I actually asked our team, I said, have we gone through with our audience, John Maynard Keynes?
Have we talked about Keynesian economics?
Have we talked about the differences in economic theory?
And they said a little bit.
They said, Charlie, during the bailout fights when you came out against the COVID stimulus and everyone else was for it, including almost every Republican, I think it was passed by unanimous consent.
You mentioned a little bit, but you haven't done it in a while.
And so this is a really important conversation that we're about to have.
That if you are trying to make sense of the economic calamity, if you're trying to make sense of the chaos around you, then this conversation we're about to have is incredibly important.
So in the 20th century, there was a roster of people that were in all sorts of different practices and in different, let's say, buckets.
But they all tried to accomplish similar things.
And actually, as I was reflecting on it over the weekend, I believe that this roster of 20th century thought leaders transformed and challenged what I would consider to be adherence to the natural law and the anchoring of wisdom that built Western civilization.
Now, these people would be in any sort of decent or normal conversation, their ideas would be considered pathologically insane.
But of course, it's John Dewey, Darwin, Michelle Foucault, Jacques Derrida, Kinsey, Money, Alinsky, amongst many others.
That's an exhaustive list.
I could add Gramsci and many others.
But every one of them had their own area of expertise where they felt it was necessary to try to deconstruct, realign, or transform a belief or a system of thinking to usher in something different.
So John Dewey, his focus was on government schools and public education.
Charles Darwin, we got the survival of the fittest and this idea, eugenicist, eugenics, actually grew out of Darwinism.
Michelle Foucault and Jacques Derrida, as well as Herbert Marcuse, those three, were very focused on postmodernism, deconstructionism, post-structuralism.
Kinsey, very focused on childhood sexuality, that believed that children were sexual beings.
Same with John Money, Saul Linsky, a community organizer, a community operative, inspired Barack Obama and Hillary Clinton.
Hillary Clinton wrote her senior thesis on Saul Linsky.
So we've talked about a lot of these thinkers as well as Derek Bell, and we've talked about many of these people, but we haven't talked a lot about John Maynard Keynes.
So John Maynard Keynes wrote his most famous book, The General Theory of Employment, Interest, and Money.
Keynes really was the leader of what could be called a revolution in economic theory, the very same way that Freud was a revolutionary in psychological thinking, or Foucault and Derrida was a revolutionary in philosophy of sexual norms.
Same with Keynesian money.
John Money, that is.
John Maynard Keynes was the pioneer of getting people to think differently about economics.
Because prior to John Maynard Keynes, there was an anchoring towards the laws of nature, of gravity, of thermodynamics, that things matter and they can't be made up out of thin air.
Now, John Maynard Keynes, his most famous quote that I think best summarizes his economic philosophy, his moral philosophy or lack thereof is: well, we're all dead in the long run.
Where basically, it doesn't matter what you borrow, it doesn't matter what you do today.
We're all dead anyway.
So, what difference does it make?
All of the economic thoughts of John Maynard Keynes that we're going to go through can be best summarized by an incredibly cynical and dark phrase of, we're all dead in the long run.
Might as well get as drunk as we can, maximize our pleasure, because we're all dead in the long run.
It's at direct odds with the conservative promise of, yes, delayed gratification, intergenerational growth, the protection of the beautiful, the good, and the true.
It's incredibly nihilistic at its core, actually.
Believe it or not, this economic school of thought was a rebranding of 19th-century nihilism into fantasyland economics.
Now, John Maynard Keynes was incredibly successful.
Now, this is a school of thought.
You know, people rail against critical race theory and they rail against postmodernism and transgenderism, but I have not heard one parent show up at a school board meeting and say, stop teaching Keynesian economics to my eighth grader.
It doesn't exactly get the moms out of their seats, but it should.
Keynesian economics is poison.
It is fantasy.
It is arsenic for a society.
Now, I used to be super outspoken against this because back in 2012, 13, and 14, as I got my start and I read Mises and I read Hayek and I read Rothbard, I got my start.
We used to always just have economic discussions.
The entire conservative versus liberal, let's say, divide back in 12, 13, and 14 was around high taxes, low taxes, deficits, no deficits.
And so I just happened to become really passionate about Keynesian economics.
This is one of the reasons why on this program, not to endlessly toot our own horn, but we should be very, we'll just be honest with you.
We've been right about every single major, every major economic prediction we've been right, largely because I know the literature.
I know the laws of economics.
You don't have to overcomplicate or overthink it.
You're not able to create money out of thin air.
Wealth is not created by a printing press.
You don't have to overthink this.
If you read the right books, you understand modern monetary theory.
It's fantasyland, utopianism, it's garbage.
There's the laws of gravity, the laws of thermodynamics, and there's the laws of economics.
Now, we must understand that John Maynard Keynes, who is the archbishop of fantasyland economics, that he was no different than the deconstructionist who deconstructed social norms, a la the sexual revolution in the 1960s.
Deconstructionism was not isolated to one practice.
It hit every single thought arena, including economics.
Keynesianism is directly at odds with the humility of the natural law and delayed gratification.
Now, if this is the first time you've ever heard of Keynesian economics, that's okay.
It's not talked about a lot in mainstream media.
In fact, almost all of Wall Street engages in Keynesian economics, and they're not even aware of the Austrian school or the monetarist school.
And I think there could be a fine balance between some of the observations Keynes had and some of the observations that the Austrians had.
But there is some fundamental questions that we must ask to debunk what Keynesian economics is, but first we must define what Keynesian economics is.
You see, Keynesians look at the government solely as a way to artificially fix the demand problem by printing money, by creating problem, by creating money, I should say.
They believe that demand must be stimulated by lowering interest rates and by artificially intervening into the economy or the market.
They believe that a heavy hand of government coming into the market is necessary to be able to re-stimulate the government when recessions hit.
The Austrian school has a completely different thought, though, has a completely different approach.
The Austrian school of economics, they ask the question, why do recessions happen in the first place?
What are the chances that 20 to 30 million entrepreneurs would all simultaneously be making mistakes?
Probably pretty low.
It's more likely that the central bank was artificially playing with the interest rate, therefore creating bad behavior, incentivizing malinvestment, and subsidizing entrepreneurs to go in the wrong direction against their impulses or their self-interest.
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So Keynesianism is actually very hedonistic at its core.
Keynesianisms are proponents of a more short-term outlook.
In fact, Keynesianism devalues saving, literally.
When inflation occurs, saving becomes irrelevant.
You see, our side, the constitutionalist side, we will look a little bit longer term because our mission statement is to care about our legacy and leaving the next generation better off.
You see, every single species on the planet has two major goals, protect the young and make more of itself.
The left is trying to prevent both those things from happening by protecting the young and making more of yourself.
They're literally at war against natural impulses, whether it be bears or fish, snakes or snails.
Every species on the planet has an instinct, I believe, given to them by God to protect the youth and the young and to make more of themselves, to make future generations be able to prosper and to grow and to flourish.
Keynesianism is at direct odds against that.
You see, so Keynesians look at the government as an instrument to artificially fix demand.
So how do you lower interest rates?
I don't have to spend too much time on this, but basically it's by utilizing our fractional banking system.
And if the Fed gets too impatient there, they'll just straight up start buying bonds and they'll just trade dollar bills for bonds.
Where does the Fed get their dollar bills from?
They make them.
They create them.
The Federal Reserve is a private-public partnership by putting quotes that is able to create money out of thin air and insert it into the economy.
So we as people who live on team reality, and the Austrians were the first people to articulate this, and I have plenty of problems with the Austrians on separate issues, but they were right on this, is that demand is always high.
People always want everything.
You don't have to stimulate demand.
The question is, rather, do people have the ability, the freedom, and the liberty to create?
It is the supply that matters.
The Austrian school or team reality believes that supply creates demand, and you cannot demand something that has not yet been produced.
The supply chain issue that we're seeing right now with baby formula and food and that we're seeing with clothes and critical infrastructure is a perfect example of the downside or the faulty philosophical implications of cheap money infusion into our economy.
Supply Creates Demand00:02:38
And it does come back down to the question of how is wealth created.
The Keynesianisms are much more likely to turn on the printing mill, fantasy land thinking, and hope that will stimulate economic activity.
We believe that recessions are largely caused because of faulty government intervention, dumbheaded subsidies, and godlike impulses playing games with the interest rate.
Wealth is created not by pressing go on the printing press.
Wealth is created when people who know how to create wealth are free to do so.
If you want to ask a leftist a question that will hopefully stump them and get them closer towards the red pill, ask them this question.
How is wealth created?
And there's only one answer.
Wealth is created when people who know how to create wealth are free to do so.
It's that simple.
Free from government regulation, free from excessive intervention, free from interest rates going up and down artificially that directly impacts entrepreneurs' behavior.
Big economic crashes, which is what we're living through right now, are only possible with big government.
It is impossible for 20, 30, 40 million entrepreneurs to be simultaneously wrong unless they were all playing off a centralized, faulty premise brought to you by the central bank.
Every single one of the designers of our society right now, Klaus Schwab to Jerome Powell to Janet Yellen, they're all Keynesians.
The great reset runs counter to how we're designed because it's very short term and only those at the very top enjoy the benefits of great wealth.
Keynesianism, the great reset, is very hedonistic because elites will then benefit at the cost of future generations.
Remember, every species has two main goals and the left is trying to destroy both of them.
Protect the young and create more of yourself.
Self-replication and the protection of the innocence of the young.
In a twisted way that is not just confined to school policy or curriculum, but now it's literally embedded in who and how and why they are making our monetary and fiscal decisions in our society.
Race Hustling and Juneteenth00:11:00
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There is a new addition to the Salem radio network family.
I've known him for a while.
We've done college campus stops together, and he's a terrific American.
And now Salem has two people in their lineup in the great state of Arizona in their national lineup.
And that is Brandon Tatum, who's a great American and a great patriot.
Brandon, welcome to the program.
Hey, how are you doing, Charlie?
Can you hear me?
I can, yes.
How are you doing?
Perfect, perfect.
Thanks for having me on.
So, Brandon, Juneteenth, what should we make of this?
Is it worthy of a federal holiday?
What's going on here?
Well, my opinion is this.
You know, it depends on how people are perceiving Juneteenth, right?
And I see where people are coming from when they say, we want to celebrate a day in which every American was free, including the slaves.
If they want to isolate it and understand it's a different event from 1776, when everybody was free, allegedly, then I'm okay with that.
The problem with Juneteenth in the United States of America today is that they want to make this the new 4th of July.
They want to make this the new 1776 as if our freedom didn't start.
It wasn't originated in 1776.
So, I'm totally firm with people wanting to celebrate it if they can understand that there's two different events there and they do not have to conflict with each other.
But once you go beyond that and you start polarizing people and want to make it the real true Independence Day, that's when I have a tremendous problem.
Yeah, and let's not be naive.
It's unfortunately the left is never doing what they say they're going to do.
I mean, if you read Juneteenth as it is, I totally agree.
It's fine.
It probably is more appropriate as a regional Texas holiday than a national one, but okay.
But let's really look at what's going on here: a summertime competitor to July 4th, a nonstop propaganda arm focusing on race, not focusing on national unity or the beauty of July 4th, a new summertime competitor to July 4th.
And I mean, I could go one after the other here, Brandon, which is Juneteenth.
Are reparations next is what it says on Time magazine.
CNN, Juneteenth is America's true birthday.
I mean, and you're seeing this nonstop on social media.
And I think a lot of Republicans are afraid to push back against it because they don't want to be called racist.
But we're already seeing it's not what they said it was.
It's not about talking about the emancipation of slaves, but it's something deeper.
It's almost this racial disharmony.
Black people get an Independence Day and white people get an Independence Day.
How awful for the country?
It's terrible, in my opinion, that they want to mix sauces like that.
It does not have to be this way.
But the left is convinced that they want to make every single thing that they talk about about race and they can find barriers to place in between us so they can pitch those every election season.
There is no reason in the world that I, in my personal opinion, that Juneteenth should be a federal holiday.
How is Juneteenth any different than July the 4th?
Unless you want to make it about black people's separate, unique freedom from the freedoms that we were afforded in this country in 1776.
You know, the funny thing is, is that I wish that people would understand history, understand it very vividly.
And 1776 was the ball that began to roll that allowed all of us to be free.
The Constitution, you know, the Constitution of the United States of America, a declaration of independence, all of these things spun from that moment all the way through to Juneteenth or whatever else they want to say.
I mean, there's always this growth potential.
The problem is, and another additional problem is that what's next as a milestone?
Because we have Juneteenth, and then what about the Civil Rights Act?
And then, you know, it's going to go on and on and on to where they are going to argue as if black people in America were never free, right?
I mean, they still are going back in time to make a point that's not there.
Well, and that's what's so just comical about the whole thing.
They'll simultaneously say, this is Black Freedom Day, by the way.
We're actually still in chains and it's Jim Crow 2.0.
So which one is it exactly?
Or is it that you just guys want a federal holiday to talk about race the entire day, which is totally not helpful at all in any way, shape, or form?
And you're exactly right.
The Declaration inspired the abolition of slavery in 1777 that was done by Vermont.
The Declaration was the great leap forward that inspired nine out of 13 of the colonies by the time the Constitution was ratified to independently abolish slavery.
It inspired Thomas Jefferson to sign the moratorium of new slaves coming into America.
This all happened thanks to the founding fathers recognizing self-government on July 4th, 1776.
And the next is reparations.
Brandon, talk about how if we do not stop some of these movements early, they get wildly out of control.
And according to Time magazine, Juneteenth is not enough.
Now we need reparations.
Your thoughts?
Charlie, I think you're on to something, and I wish people can follow this logic here.
You give them an inch, they take a mouse.
If you're doing something in good faith, that's okay.
They're not doing any of this.
That's exactly right.
That's exactly right.
Reparations is nowhere near a logical conclusion that we should be even talking about in the United States of America for black people because there's actually no way that we would be able to roll it out.
Who's going to pay for it?
The United States government?
Well, last time I checked, black people pay taxes.
So are black people going to pay for other black people's reparations?
I mean, it really doesn't make sense.
What about people who are interracial, interracial couples?
My wife is white.
So is she going to pay me reparations?
You know, who's going to pay my son reparations?
He's biracial.
Pays himself.
It has passed.
We are free in this country.
If you work hard, you dedicate yourself, you know, you dress the part, you act the part, you educate yourself, you can be whatever you want to be in the United States of America.
We are not living in the past.
And that's one thing I thought about the past, Charlie.
Just recently, I was driving and I thought about it.
I said, you know what?
There's no connection to the past other than in your mind.
You know, it's no tangible way you can go back and change anything in the past.
It's all here.
And once we get past what's in between our two ears, I mean, our two eyes, you know, we will be able to functionally move forward together.
That's the only problem I have with Juneteenth.
The only problem I have with reparations is because it's not in the best interest of America.
It's in the best interest of race hustling.
And it's just psychologically harmful.
I mean, anyone who knows anything about the very basics of psychology will say that fixating on things you can't change will literally drive you insane.
And it also makes you a lot less likely to have autonomy and liberty and to be happy and less likely to be able to succeed and to flourish.
All these things are kind of put in perpetual jeopardy if all of a sudden you focus on things you cannot change.
So, Brandon, I want to ask a question then.
What is it about the kind of center right, if you will, that is unwilling to talk about this?
And it seems that we just continually surrender to whatever the Democrats and the left want.
Well, it's emotionalism, right?
I mean, I think a lot of us have a, like I use the word acting in good faith.
We tend to act in good faith.
We don't want to offend people.
We want to give everybody a fair opportunity in this country.
And, you know, we, you know, the thing is, and let me just put it this way: white people in America are afraid to offend black people.
Yes, that's just what it is.
It just comes to that point.
So, majority of the center-right conservative people, a majority of them, are white.
And when the Democrats throw race in your face and throw slavery in your face and throw the fact that you guys don't care about black people because you won't celebrate Juneteenth, you guys don't care about the Oklahoma's, they had the Black Wall Street.
You guys don't want to celebrate Black Wall Street.
You want to isolate Black people.
You hate us.
The police are killing Black people.
They use that in the fervent or genuine emotion from white people in this country who are conservatives.
They do not want to come against that or come across as being a racist.
This is my prescription to conservative, center-right people: quit worrying about what they think of you because they're going to think you're a racist no matter what you do.
It's a ploy for political leverage.
You need to do what you think is best.
Everything that I do in my life, everything I do professionally, I'm acting in the best interest of America.
I don't have a loyalty to nobody but Jesus Christ.
Black people, I don't owe a loyalty to.
White people, I don't owe a loyalty to.
I owe a loyalty to my Lord and Savior, and I owe a loyalty to my country.
We are all Americans.
And I don't believe in pushing us and dividing us, you know, to get political leverage.
I don't believe in it.
It's well said, Brandon, in closing here, tell us about your show.
Congratulations.
You're on radio stations all across the country taking over the great Larry Elder.
We're thrilled for you.
I listen to it at night when I'm driving around on AM 960.
You come on right after us, I think.
You come on at 8 o'clock Arizona time, which is awesome.
Tell us about how it's going and tell us about how people can get in touch with you and the hours you're on in the markets that you know of.
Well, Charlie, I have to first of all tell you thank you and Andrew as well, because I feel like you guys put in a good word for me.
And I think that's, you know, a little bit has something to do with the reason why they chose me to replace Larry Elder.
So I thank you guys for that.
And to the people that are out there, that's why you have to have integrity.
Integrity Pays Off Later00:02:50
That's why you have to always take advantage of opportunities and do your best because you never know when that's going to pay off later on.
But the show is going great.
I love it.
I have call-ins every day.
I mean, we have an incredible time.
We talk about politics.
We talk about the hard things that people don't want to get into, especially when it comes to race.
But we do it all on the Officer Tatum show.
So you guys can catch us there.
Our website, theoffsotatum.com, is where you can download the podcast.
You can watch it live.
If you're not in your car, you can still catch it live.
The radio piece from 3 to 6 p.m. Pacific Standard Time.
So thank you, Charlie, for having me on, man.
It is a pleasure to be a part of the Salem family, to join the great minds of our society like you, Charlie.
It is amazing, and I'm very thankful.
Well, you're a monster addition.
It's just so great.
And I love listening to you.
You handle the callers really well.
And it's just great.
The Salem family, the Salem roster is all across the board, ideologically and just personnel.
You got Eric Metaxas, who's, you know, his own circus.
And then you got Dennis Prager, who's just a legend.
And then you got you, and you got Gorka.
It's just phenomenal.
It's just great.
Brandon, congratulations.
Thanks for your wonderful commentary.
And I'll be listening when I'm in the car.
Thanks so much.
All right.
Thank you, Charlie.
God bless you.
Appreciate it.
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Democrat Party Control Issues00:04:33
There are some unspoken rules for the presidency, such as when you go and meet a foreign dictator, you must have the power moves.
You don't bow if it's a foreign adversary, unless you're Barack Hussein Obama.
You always bring them in close, as Trump would do.
He'd do the handshake and he'd bring it in, always with the hand on top.
There are some things that you're supposed to do and that you're not allowed to do.
And there's one thing that you're fundamentally not allowed to do as president, period.
You're just not allowed to do it.
You're not allowed to fall over on your bike.
You just can't do it.
It's like giving the nuclear codes to Xigi Ping.
It's just against everything that we know to be true.
Play cut 29.
Now, to be fair, I was on Sabbath, no phone, not nothing.
And Erica comes over and shows it to me.
And you know what my first reaction was?
This has got to be a deep fake.
There is no way this is real.
And it wasn't like he was going over some obstacle course.
It wasn't like he was trying to avoid something in the middle of the road.
No, he's just stopped and totally fell.
You can't do that as president.
So their excuse is that his foot got caught in the pedal strap.
Not a good excuse.
Play cut 30.
John Kerry's a joke.
No, he's a bicyclist, okay?
We have Kerry that goes on bicycle races.
He's in a bicycle race.
He's 73 years old.
They have no respect for John Kerry, who falls off bicycles at 73.
73 years old.
He goes into a bicycle race at 73 or 74 years old.
He falls, he breaks his leg.
I don't want him on a bicycle during nuclear negotiations.
I swear to you, I will never enter a bicycle race if I'm president.
I swear.
I swear.
No, that was just him on John Kerry.
You're trying to tell me they're going to be running Joe Biden for reelection.
Can't walk upstairs, can't remember who his wife is, get freaked out by the Easter buddy.
Just collapses when he's trying to bike.
And also, just a small note: given the state of the union, why is Biden taking leisurely bike rides along the beach?
Him taking a bike ride seems to be a national security issue in and of itself.
Have we ever had a commander-in-chief who's fallen off his bicycle?
That might be a first.
You're not allowed to do that as president.
You just can't.
Oh, Jared Ford fell once.
Oh, not off a bike.
He just fell.
Slipping down the stairs of Air Force One.
I've done some thinking about this over the weekend.
Bike collapses aside.
I do not think Joe Biden will run in 2024.
We've said that before.
I think that it's going to be an attempted coronation of someone they can control.
But you look, Buda Judge, Newsome.
I think it's going to be a bloody primary.
And I don't think they're going to put up.
I don't think the Democrat Party is going to put up with another cycle of a coronation of Biden.
There's too many hungry, well-funded, ambitious Democrats.
Now, I'm not saying Gavin Newsom is a good leader.
I think he's probably the worst governor in America.
At least he's up there.
He's awful.
But he's a talented politician.
You're starting to see the trial balloon phase of people in the New York Times and in the Atlantic.
They want him gone.
They know that he is a down ballot political liability.
And this is something I've been meaning to talk to our base about.
We're going to do this tomorrow on Real America's Voice.
It's just going to be a short segment.
Stop calling it the Biden administration.
Every time we attack Joe Biden, we can make fun of him, whatever, but we have to be more disciplined.
It's about the Democrat Party.
The Democrat Party has increased gas prices.
The Democrat Party has ruined our schools or regime or whatever.
But if you make it about Biden, then all of a sudden it'll be easier for them to pivot when they bring somebody else in.
Thanks so much for listening, everybody.
Email me your thoughts as always, freedom at charliekirk.com.
Thanks so much for listening.
God bless.
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