Ep. 589 Why Silly Liberal Boycotts Are Actually a Good Thing
In this episode - Another liberal boycott is about to blow up in their faces. https://twitchy.com/gregp-3534/2017/11/12/did-you-nuke-your-keurig-you-may-be-in-luck-sean-hannity-will-give-away-500-coffee-makers/ This piece debunks another silly liberal myth about the “rich” and taxes. https://t.co/ryFoq3PbSv The Obamacare tax penalty is the real problem in the tax code. https://t.co/UditBWRQj4 Liberals keep lying about what happened in Kansas to argue against tax reform. http://www.washingtonexaminer.com/as-congress-debates-tax-reform-dont-be-deceived-by-tax-myths-about-kansas/article/2640397 Did the Trump dossier trigger an FBI investigation? http://www.washingtonexaminer.com/byron-york-did-dossier-trigger-the-trump-russia-probe/article/2640470?utm_medium=email&utm_campaign=Examiner%20Today&utm_source=StructureCMS
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Get ready to hear the truth about America on a show that's not immune to the facts with your host, Dan Bongino.
All right, welcome to the Dan Bongino Show.
Producer Joe, how are you today?
I'm doing well, Fearless Leader.
How you doing, man?
Yes, good.
Another busy weekend.
Hey, funny story for you all, folks.
A little behind the scenes stuff.
I know it's always interesting.
Yeah, behind the scenes stuff.
Those books always sell well, behind the scenes stuff, you know?
Yeah.
Like that airline attendant who wrote a book about what it was like to be a flight attendant.
That book sold bonkers numbers.
People always like behind the scenes stuff.
So I do these Fox Hits from my house.
I have a home studio here, thankfully, which is great.
It's where I do my podcast too.
And this weekend, we were doing it from the home studio.
We're doing Fox & Friends, and some of you may have seen the hit, and if you did, you may have noticed something unusual.
You know Florida is prone to massive thunderstorms down here.
I mean, they come out of nowhere.
It's rained like seven or eight.
I didn't tell you, about the seven or eight inches I think in the last couple days or so.
But I'm doing a Fox & Friends hit on Sunday morning, and it is like booming in the background.
The thunder, the lightning, it was just, and I'm like praying, because we have all of our studio stuff here on UPI, uninterrupted power sources here, all of it, but, here's the but, over the weekend, my wife and I had moved some stuff around, and we were kind of consolidating, you've seen my office, Joe, so we were trying to consolidate some cables and stuff, so I made the mistake of plugging the monitor, when you see me on Fox, you're basically seeing a 70 inch TV screen in the background, that's what that is, I made the mistake, Joe, of plugging the monitor not into the UPI, the uninterrupted power.
In other words, the battery.
So it runs off battery no matter what.
All the plug does is recharge the battery.
So if the power goes out, it doesn't matter.
It's running off battery.
I plugged it into the surge protector instead.
Now, some of you listening may not know what that means.
Many of you do.
It means I had no battery backup at all.
I only had surge protection.
So sure enough, big booming lightning strike by my house.
If you're watching the clip, all of a sudden behind me goes completely black.
And I'm like, Pete's funny, Pete Hanks.
It's like, all right, a little technical.
To Fox's credit, they just kept rolling with it.
But it was funny.
You see this nice Palm Beach skyline in the background and all of a sudden black, completely black, nothing there.
And Florida was gone.
Yeah.
Florida disappeared.
It was just me and a black TV screen in the background.
And we were like, me and Kurt, the studio guy, we're looking at each other.
We're like, oh my gosh.
And I looked and I'm like, totally my fault, man.
I plugged it into the surge protector, but we're all set in the future.
All right.
Yeah.
Funny stuff.
Some of you may have seen that.
A lot going on.
I'm finding it kind of funny, this is just kind of the off-topic what I want to get to today about the bifurcated economy and Hannity protests, but I'm seeing these commercials now by these liberal groups trying to defeat the Republican tax plan.
Yeah, I've seen them too.
Yeah, you've seen these commercials and they're like, are you concerned about the growing national debt?
Libs, just stop.
Really, just stop.
You're embarrassing yourselves, okay?
You never ever cared about the national debt when Barack Obama added nine trillion to the economy.
Never.
You loved, you're only concerned about, now listen, unlike you, see here's the difference, I am an actual conservative and a principled one at that, and libertarian in some respects, I don't like the easy labels, but I have some tendencies both ways.
I've been concerned about the national debt when, yes, Republicans have added dramatically to it, as we're doing now, as we did under George W. Bush, as happened under the Reagan years.
I've been concerned about the national debt regardless of the person in power because that's a principle that matters to me, which is not spending money as a government that the citizens of said government do not have.
That principle matters to me and I don't care who's in office and I've been consistent on this as most good solid conservatives have for decades.
You're phonies!
You're total fraud!
So just shut your mouths!
Seriously, just shut up!
You're embarrassing yourselves!
You have no say in this at all!
Because you're not principled!
You're only doing this as a silly political argument.
You don't care about the debt!
You never cared about the debt when Barack Obama ran up more debt than any president in United States history!
We did!
And we were likewise concerned when Bush ran up about $4 trillion, $5 trillion in debt as well.
We cared.
We thought that was a big deal and inexcusable.
There are conservatives now where I work at Conservative Review.
Me as well.
Very concerned about the debt we're running up now.
There's a Republican in charge and Republicans in charge of the House.
They've written pieces about it.
You, on the other hand, are a phony.
You're a total fake and you're a total fraud.
You never said a word about government spending when Obama set government spending records.
So just be quiet!
If you have nothing constructive to say based on a principled argument, just shut your mouths.
I'm sorry.
I don't mean to be rude, but shut up.
And you know what?
I do mean to be rude.
Just shut your mouth.
Yeah.
You're not principled.
You have no say in this fight at all.
None.
You've entirely discredited yourselves.
I get it.
Swamp rat Republicans have as well.
I'm not interested in hearing from them either.
But there is one group of people, and actually two groups, the conservatives and the libertarians, and in that I'll include principled Republicans as well because they'll have those tendencies, that are the only ones with a credible voice.
Your commercials are a joke and laughable.
Go away!
You have no seat at this table at all!
The national debt.
You're worried about the national debt now?
Where were you when we needed you during Obama and during the Bush years?
And where were you then?
Jokers.
I mean, I didn't really want to get into that, but I saw that commercial before I came on here.
I'm like, is this a comedy act?
The Democrats care about the national debt.
Give me a break.
Go away.
Beat it.
All right.
You know, over the... which really ruined my weekend this weekend.
I was in a particularly good mood because I had a light weekend and it's good for me once in a while because I got a lot of traveling coming up ahead.
We're going to be doing the big roadshows from this...
The Dan Bongino podcast traveling studio.
So I got a lot ahead and this weekend was kind of slow.
So I was looking forward to a calm, kind of relaxing weekend that was up in Maryland at a fundraising event for friends of mine.
And I got back and I see this story break and I'm like, gosh, this is going to ruin my whole weekend because very few stories upset me, like the tendency for liberals to want to boycott everything they disagree with.
And the liberal imbecile brigade is always led, always when it comes to boycotting.
By Angelo Corazon and the George Soros crowd at Media Matters.
I'm telling you, I'm just a word to corporate America, small business America, anyone involved in business.
The quickest way to bankruptcy.
Just ask the companies that have followed this guy, is to follow a Media Matters boycott.
Now, that companies, and I'll get to what I'm talking about in a second, but that companies in America are still, are still taking advice from media, I call them media doesn't matter, Media Matters doesn't matter, because they call themselves Media Matters, but they don't matter.
Because the quickest way to bankrupt your company is to follow these idiots over there.
They never ever learn.
A few dopey idiots like Angelo Corazon of all the people, folks, I, I, you know, I rarely say I, I, I don't want to use the H word.
Let's say I strongly dislike very few people, even including people you would think I would strongly dislike.
But I really, I'm a big teddy bear.
But Angelo Corazon is a loser of, I mean, literally epic proportions.
Epic!
Like you could write a book about what a loser this guy is.
He runs Media Matters, he's been going after Sean Hannity forever.
So Sean Hannity does an interview with Roy Moore, and because he interviewed Roy Moore and they didn't like the interview, Angelo Corazon and Media Matters start tweeting again to Keurig and some other sponsors of the Hannity Show.
We need to boycott the Hannity Show.
And the idiots at Keurig, Joe, this is, I mean, you want to rank this among the top five dumbest business decisions in human history.
The idiots at Keurig tweet back the, you know, the coffee, the self, the coffee company with the self contained containers there.
And you make one cup.
The idiots at Keurig tweet back.
Yes, we're on this and we're going to look at pulling our ads.
We're going to pull our ads from the Hannity Show.
This is great.
This is great.
This is like peak stupid.
So you have a company right now, they didn't learn from USAA apparently, that now openly tweets on social media they're going to pull their ads from a show that is, if not directly watched, but supported by, you know, what, 40% of America who support Donald Trump strongly at this point?
Who are now engaging in a let's trash our koreg and throw our koregs out the window thing.
So a company's convinced by a group of nutty liberals who nobody cares about but social media.
Angelo Corazon and the Media Matters idiots funded by George Soros's dirt money.
They follow these guys and say, we're going to pull our ads right before the Christmas season where you think a Keurig may be a hot item.
Now, of course, I will never, ever, ever drink, buy, purchase, patronize anything.
I will never, ever touch a Keurig product again.
Neither will probably, I don't know, you figure 40%, maybe even if only 10% of those are engaged in the boycott, and I'm being generous, that's 4% of America.
So you're talking about millions of people right now.
Potentially millions, who will now no longer touch your product.
You people are so stupid.
How you fell prey to this is just unbelievable.
When do liberal boycotts work?
Do you realize, Joe?
Now, Joe, how long have you been involved in the talk radio industry?
Over close to 30 years.
How long have they been, roughly, how long do you think they've been boycotting or trying to boycott Rush Limbaugh?
Since the beginning.
Yeah, maybe 25 years or so, right?
Yeah, on and off since the beginning I've heard about it, yeah.
Now your station has Limbaugh and has Hannity, right?
You have Hannity still?
Okay.
So Joe is involved in it.
He works for WCBM in the morning.
Yeah.
You can listen to his show there once in a while, if you choose.
And they have Limbaugh and Hannity.
Right.
Now, let's just be generous.
Let's say they've been after him for 20 years.
You and I both know it's longer.
Okay.
Are Rush Limbaugh and Hannity still on the air?
Yes, they are.
So your boycott, and by the way, Sean Hannity makes a lot of money.
I'm not gonna say how much, I don't know exactly.
I might have an idea.
Russell Limbaugh makes a lot of money.
So your boycott's been an epic failure.
You've done nothing to get rid of him.
Yet...
When you've tried, when the liberals go after a company they lose, they've done nothing to get rid of these companies or talk radio at all.
Just Angelo Corazon's a loser.
He's got nothing else to do.
He's a loser.
Listen to me, someone who knows this guy and talks to Angelo, you are a loser.
I'm not, you don't frighten me.
You're a, you're a little pajama boy, man child.
You don't scare anybody out there.
Matter of fact, boycott my show.
It'll, it'll be great for ratings.
Yeah.
Now, look at the other boycotts.
When conservatives boycott, we do real damage.
Target, closing stores, sales down.
Remember Target?
Yes, we're going to allow men in our women's room.
Well, great idea, Target.
That was the end of that.
The NFL, ratings way down, half-empty stadiums.
I mean, you guys keep losing, and yet companies keep following these liberal idiots off a cliff.
Every single time.
Now, why am I bringing this up?
I've discussed on the show before the idea that, and this is where I think we're, I think this is, I haven't really seen any mainstream articles about this.
If you see him, send him my way, danielatbongino.com.
But this may not be a bad thing.
You may say, well, how is, you know, liberals boycotting and threatening to boycott, not a bad thing.
But well, number one, I just explained because it's never going to work.
There will always be company.
The companies that sponsor our show are very happy because we have a large audience that's very loyal and they spend money and none of our audience gives a damn.
They give exactly zero blanks about what liberals think about their product.
They don't care.
You want to buy the product?
Buy the product.
The sponsors here, by the way, they don't endorse our politics.
They may.
I don't know.
I don't ask them.
You know what they do?
They want our listeners.
That's what they want.
I mean, this was the way advertising worked forever, right Joe?
Yeah.
I mean, don't you have that, what do you call them, runner or that sounder at WCBM that says, the views and opinions of the host of this station are not the views of the sponsors?
Yeah, disclaimer, yeah.
That's been the way advertising's been forever!
Like, if you advertise on a show about serial killers, what was it, Dexter?
I mean, I get it, it was a Showtime show, whatever, but say it was a show on normal television.
Does that mean you endorse serial killing?
Don't be an idiot!
Like, liberals, because you advertise on the Dan Bongino show, does not mean you share any of his politics at all!
It means you're looking to reach the vast audience we've been blessed by God to have.
But liberals have chosen to change the market and associate sponsors with the content.
Now, why do I think this is not a bad thing?
Again, number one, it's been totally completely ineffective.
Fox is the largest cable station out there, the largest cable news station out there.
Hannity and Limbaugh have gone nowhere.
They have never successfully boycotted a large conservative talk radio host off the air.
It's not going to happen, ever, because the audience is too big and people are willing to pay for big audiences.
So you lose, number one.
Number two, These dopey, stupid, loser pajama boy boycotts by Angelo Corazon and his Media Matters losers over there crowd are actually creating a bifurcated economy.
You remember when I brought this up in the past, Joe?
I recall something about it, yeah.
I'm seeing this now.
How conservative companies are starting to make a move into arenas previously dominated By other first entrants, Porter's Five Forces for you MBA students, you know, the first mover effects out there, right?
First movers and stuff have dominated these fields.
The fact that liberals have introduced politics, let me explain this right, wherever liberals have, whatever arena liberals have introduced politics into advertising, like boycotts show, conservatives are winning.
You're not winning!
What do I mean?
Well, this weekend, in a response to the Koerig's unbelievably stupid decision to boycott the Sean Hannity Show, which I promise you is going to be a disaster, regardless of what your loony liberal friends tell you.
This will be an absolute disaster.
Now I see this weekend, I had never heard of this company before in my life, but I've heard of them now.
Why?
Because everybody out there said, boycott Koerig, here's a conservative company.
And you ever hear of this company, Black Rifle Coffee?
No, no.
I've never heard of them.
Joe, look these guys up.
They're not a sponsor of my show.
I get nothing for telling you this.
I don't know.
I've never had their coffee.
Joe, their ads are the funniest thing I've ever seen.
Is that Black Rifle Coffee, Dan?
Black Rifle Coffee.
You gotta look it up.
They have an ad out.
It's hysterical.
And the ad ends with the owner, who I think is a military veteran.
He definitely supports him.
And he says, some people say patriotism is racism.
This is the actual ad.
He goes, let me tell you something.
At Black Rifle Coffee, We give exactly zero F's and he uses the word about what you think.
I'm like this is the greatest ad I've ever heard.
What happened?
Hannity with his what three million Twitter followers of course retweeted the ad.
I retweeted it and he's saying today on his show he's got some special announcement about buying coffee or something.
So I'm gonna listen in.
The point is Joe, this company, I don't know about their coffee.
It may be great.
It may be awful.
I have no idea.
I've never heard of them before.
The point is, now I'm certainly going to look at picking up a few bags of it.
Why?
Not because I know anything about them.
Strictly because Angelo Corazon and his imbecile crowd at Media Matters chose to boycott the Hannity Show and a stupid coffee company by the name of Keurig thought it would be a good idea during the holiday buying season, Joe, to join in a boycott.
That's a great idea, you colossal morons at Keurig.
Now you introduced me to the alternative, who, by the way, Given the way Hannity tweeted them yesterday and other people retweeted them like me, I have 160,000 something followers on Twitter too.
200,000 on Facebook.
Joe, you cannot pay for that kind of publicity.
Right, right.
So again...
The reason these liberal boycotts, in the long run, I don't think are a bad thing is, number one, they've been entirely ineffective.
They've blown up in liberals' faces.
The NFL, Target, but they don't blow up in our face.
Yeah, they cost you a few sponsors here and there, but trust me, Hannity and Rush Limbaugh and back and a lot of these people, they're not living in the poorhouse, okay?
In the end, you're going to lose.
Secondly, you are actually bifurcating, creating a fork in the road with the economy.
Everywhere you introduce politics, you are actually hurting the standard first mover players in the field, like Koerig, who join in with you, and you're actually publicizing conservative companies, creating a conservative economy that would have never existed if you would have just shut up.
You get what I'm saying, Joe?
Sure.
If Couric would have just shut up and said, we're not boycotting the Hannity show, we don't endorse or condemn opinions, we're just an advertiser.
If they just would have shut up, no one would have ever heard of Black Rifle Coffee.
Well, not no one, but I wouldn't have.
I wouldn't have.
You wouldn't have been, now we're our, what, 25,000 listeners in 24 hours that we have?
Now we're our 25,000 listeners plus more because it's obviously a taped podcast and people who join later on download the show.
You may be hearing this six months from now.
It's in November.
You may be hearing this in March of next year.
Now you're like Black Rifle Coffee.
You would have never heard of him if it wasn't for the idiots at Media Matters who now, one, are completely unsuccessful and secondly have now provided free advertising for a conservative alternative.
Folks, these stories infuriate me because they go to show you how... I'm always engaged in this ongoing debate with my liberal friends.
I say that term loosely, friends.
Sometimes things liberals do are very smart.
We may not agree with them, but they're very smart.
They're very tactical about things, like how they designed Obamacare and that kind of stuff.
You know what I'm saying, Joe?
Yes.
But some of the things they do are just really dumb and they do it out of pure rage and anger, even when it blows up in their face.
Like, Angelo Corazon is a pajama boy loser.
He just doesn't like Sean Hannity.
So he thinks he's hurting Sean Hannity when he's doing nothing.
Sean Hannity's like, he could buy Angelo Corazon's entire family, okay?
He has more wealth than Corazon and maybe he doesn't have any more than George Soros, but he could probably buy Media Matters if he wanted to.
You're not hurting Hannity!
You're only introducing conservatives who go, oh wait, Keurig associates with Suros?
Okay, not buying that again.
Hey, what's the alternative?
Oh, black rifle coffee?
I'm all over that.
We, folks, we charge a lot, well, not a lot, but we charge a decent amount of money to sponsor our show.
Our sponsors pay a lot.
And we're always grateful because we have a loyal audience.
I get tons of email about Filter Buy, Patriot Supply, everything, Brick House.
We have a really loyal audience.
You realize, I run my own show, my own content, nobody tells me what to do.
You realize Black Rifle Coffee, Joe, you know what we charge per ad.
Yeah.
It's a lot, right?
Pretty good.
Pretty good.
They just got a free 10-minute commercial on my show, strictly because of Pajama Boy Curacao at Media Matters.
Nice job, moron!
All right, that's, so, wait, in case you think I'm just, oh, you're just coughing, you said, You know, wherever politics, liberal politics gets introduced, there's a bifurcated economy and conservative alternatives emerge.
You just mentioned coffee.
No, no, no!
What about Hollywood?
So liberals decided to enter the coffee business.
Keurig accommodated them.
Now we see their alternative.
Liberals decided to enter Hollywood, what, 30, 40 years ago, where they became the mainstream presence in Hollywood?
What are we seeing now?
The emergence of Christian film alternatives that, by the way, conveniently tied to Sean Hannity as well.
Hannity just released that movie a couple of, what, three weeks ago?
Yeah.
And the per screen average, that's all that really matters, folks.
The amount of money the movie made per screen it was on, its opening week was like number two in the country.
Why?
Because conservatives are not going to go see your stupid liberal movies when you open your yaps and insult us.
This is not a news flash.
However, they will go see Kevin Sorbo.
What is it?
Let There Be Light was the name of the movie.
Who, by the way, gets now a free commercial on my show again to show you how stupid the pajama boy liberals and their dopey boycott means are.
So he was a producer on this movie, Let There Be Light, with Kevin and Sam Sorbo in it.
The movie made more per screen than big-budget Hollywood blockbusters.
The movie's gonna wind up making everybody involved a whole ton of money because the economy is going in two directions.
The liberal economy is failing and the conservative alternatives are taking over precisely because the liberals think they can boycott us out of the economy, not realizing we're the ones that spend the money.
You think that's it?
So you said, okay, coffee.
The conservative coffee market, conservative Hollywood, it's taking over now.
The media.
Who's the number one player, Joe, in cable news right now?
Fox.
Fox News!
Fox News!
Who's the number one?
Where did that come from?
I remember as a Secret Service agent, being an instructor, we had, was it Roger Ailes came down or something?
I think it was Roger Ailes.
Someone from Fox came down.
I'm pretty sure it was Ailes at the time.
And he gave a speech to the graduating students.
And someone asked him during the speech or he just brought it up maybe without being asked in the speech about no no he said he's frequently asked what made them think of Fox News and he said it was simple like we just figured out that 50% of America didn't have a conservative alternative so we gave them one.
It's now the biggest cable news monster in the world.
They dominate cable news Fox News.
You know, MSNBC has a couple blips here and there where they do okay.
CNN's a mess.
Fox News dominates the cable news market.
So here's your choices.
You want to advertise on cable news?
You can go to the channel people watch, Fox, or you can advertise where nobody sees it.
Nice job.
Good job, folks.
Really well done.
So again, liberals entered into the media industry.
And created a bifurcated economy and a conservative alternative, just like they did in Hollywood with the emergence of Christian film, and just like they just did this weekend in the coffee industry with a company I had never even heard of.
Here's number four.
Academia.
You may say, oh gosh, there's not a conservative alternative to academia.
Really?
You sure about that?
We've seen Liberty University, we've seen Hillsdale, now are these the big players in the field?
Are they taking over like Fox News was?
No!
The point is the alternatives are being created now and will be created in the future as you see these uh the emergence of MOOCs.
MOOCs?
The heck are MOOCs?
Massive Open Online Courses.
It's an acronym.
You're gonna see these massive open online courses, computer-generated courses, certification courses, everything in the future, that are going to be the dominant players in the field.
Are they necessarily conservative alternatives?
Not really.
The point is, they're going to open up as alternatives to liberal academia now, where parents won't send their kids.
Folks, you're already seeing it.
You're already seeing parents saying, I'm not donating to endowments, and I'm not sending my kids to this crap institution anymore because it's a bunch of liberal maniacs.
You're already seeing it.
The alternatives are already there.
So again, just to sum up, I know liberals think they're, this is such a resounding, but they're angry.
They think there's such a success with these boycotts.
You're just angry pajama boy losers.
Your anger is actually creating a stronger, more viable economy for conservatives in the future that now have alternatives they would have never had or have never have been aware of before your stupid boycotts.
Idiots.
That's why Hannity tweeted last night.
He thinks this is hysterical.
You think they're gonna have a tough time finding sponsors?
I'll tell you who's gonna have a tough time, Joe, and I'll leave it at this.
Keurig.
Finding customers for its crap coffee.
Good luck, imbeciles.
Idiots.
Your coffee sucks anyway.
You ever see that report in the Huffington Post that Hannity tweeted out?
Read it.
About the disgusting crap in those machines?
Read that report.
In the Huffington Post, of all places.
Corig.
You have one of those, throw it right in the garbage.
I'll never support these people again.
No, I don't.
Teach him a lesson.
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Okay, there's a really terrific piece in the journal, unfortunately it's a sponsor only, but I'll sum up for you what's going on with it because it's really, really interesting, folks.
It talks about how, listen, we're debating tax cuts right now, right?
Supposedly the House is going to vote on the tax cut package this week, but really, and Dan Horowitz at Conservative Review has been all over this as well, and I'll put one of those links in the show notes at bongino.com, and if you subscribe to my email list, I will send you these articles, they're really terrific.
Talks about how the worst tax of all, Joe, is...
The individual mandate tax on Obama and Obamacare.
The tax you pay that you will pay if you don't have an Obamacare compliant plan.
They need to get rid of this.
The Republicans need, and I discussed this a little bit last week, but just quickly to sum up again, this thing is going to save $338 billion over 10 years if we repeal it because the government won't have to pay subsidies then for people who join Obamacare and won't have to pay for the expanded Medicaid as well.
That gives the government the ability to take that $338 billion in savings, Joe, And apply it to what?
To tax cuts.
So you don't lose.
People saying, oh my gosh, well, we won't be paying for, you know, subsidies for people to get Obamacare.
Yeah, but we'll be giving them our own money back so they can buy their own insurance.
You don't lose when the government doesn't take money from you.
Don't be an idiot, you know?
So this would save $338 billion.
Worst of all, though, the reason some, and Tom Cotton's been pushing this heavy in the Senate.
So just to sum up what I'm talking about, getting rid of the individual mandate tax.
Cotton's been pushing for this and a number of Republicans.
Because if we get rid of the individual mandate tax, again, we can just give the money back to the people.
It's their money.
Because you wouldn't be taxing them for not having Obamacare.
Make sense, Joe?
Oh yeah, yeah.
So, here's the worst part about this.
Now, I kind of gave away the store, but...
Let me just do a pop quiz with you.
You guys ready for the quiz?
Let's see who gets this right.
Here we go.
If you get this wrong, by the way, really, seriously, you haven't been listening to me.
You're either out there mowing your lawn and you just tuned in, but let's do a little test.
Let's say you just tuned in, you're mowing your lawn and you just started paying attention.
If you had to design a tax, right?
That was the worst possible tax, right?
It skewed income consumption decisions, excuse me.
It distorted the economy.
If you had to design it, here's what I would do.
First, I would enact a tax show that had so many exemptions to it that only 5% of the taxpayers actually paid the tax.
So in other words, this is a tax on the economy, but there are so many loopholes to it that only 5 out of 100 people actually pay the tax.
That'd be pretty bad, wouldn't you say, Joe?
Yeah, pretty bad.
If the goal of a tax, right, you and I could both agree, is to raise money to fund the government, right?
And you wanted to design a piss-poor tax, what would you do?
You'd create so many exemptions that only 5% of people pay it.
Now, if those 5% of people, Joe, if you wanted 5% of people to pay a tax, Do you want... Now, this is not a trick question, right?
If you're a liberal, and you only had five out of a hundred people paying the tax, you're a lib now, Joe.
They try to think it's... I know it's hard for you to try to be stupid.
You know what?
This may be an opportunity for caveman Joe.
Let's resort to caveman mode because you're gonna need to drop your IQ at least a hundred points.
So Joe, very simple question.
You're now liberal caveman Joe.
If you want five out of a hundred people to pay a tax, and you're a liberal so you're a class warrior, do you want rich people to pay the tax or poor people to pay the tax?
Rich people.
Ah, there you go!
Caveman Joe bringing the pain again.
This guy, Caveman Joe is smarter than most liberals.
That's a funny thing.
Yes, this is correct.
You're going to design a tax.
For Joe to think like a liberal, he's got to resort to caveman mode because you really have to be an idiot.
So Joe is correct.
If you are a liberal and only 5% of people are going to pay the tax, you want the rich people to pay it, not the poor people.
Whoa, wow, wow, wow, wow.
You know, we do this crazy thing, Joe, facts and data in this show.
I know it's nuts.
I know liberals have a tough time with that.
But who is actually paying this tax?
You guys are probably in on the gag.
Obviously, this is the individual mandate tax.
Only 5% of people pay it.
And here's who pays it.
It's costing Americans between $695 and $13,380 a year.
It's paid by 6.5 million households and here's the kicker for all you liberals out there have a tough time with this.
It's paid largely by low-income individuals.
79% of households that paid the tax had annual incomes of $50,000 a year and 90% of the people who paid the individual mandate tax the penalty for not having Obamacare made less than $75,000 a year.
Oh, you think I'm making that up?
Where's that from?
Oh, it's from the IRS.
Thank you very much.
Have a nice day.
Okay, so we're designing the dumbest tax in human history.
The tax now only affects 5% of taxpayers.
It's paid for largely by people who are poor or middle income at best.
Now, even better, it hits people... Let's design a tax show because again, we're trying to design the dumbest tax in American history.
Let's design a tax that only hits people when they're at their most vulnerable, like when they lose their job and lose their health care.
Oh, that's a great...
Great job, Libs!
Very well done again!
Let's not only design a tax that hammers a limited number of people, let's make sure that limited number of people are really poor, and then let's make sure we hit said poor people when they lose their jobs and don't have healthcare.
You guys are great.
You guys are awesome.
You are, let me be fair, let me be gender neutral in this one.
Ze, he, and she, let's use gender neutral pronouns, and they.
You are just wonderful on the liberal side of designing really peak stupid procedures and policies.
This is amazing!
And finally, here's the other doozy here.
By the way, it inflates the cost of products and services too because it forces people to buy into entitlement programs like Medicaid and stuff that they don't want to because they're paying the taxes anyway.
So, liberal bad.
Even Caveman Joe gets it!
Even Caveman Joe with his IQ of negative 67 is capable of understanding how stupid these people are.
This is, I mean, I read, I know, I know, I know, every time in every show I say, I'm not going to mention Obamacare again, but it is just, folks, it's It's such a cornucopia of liberal stupidity.
I mean, like I said last week, liberals are like the chicken in the stupid soup and it like it floats there all day and it's like you just have to talk about it because it's so obvious.
They are so bass-ackwards, right, every single time that I feel like if I don't highlight this to you I'm losing a golden opportunity even if I'm discussing some of the same topics repeatedly.
This is the worst tax in human history, and now, just to sum up and go back to the beginning, the reason I brought up how bad it was, and I discussed all those negative components, paid for by poor people at their most vulnerable time, paid for by a limited number of folks, is because Republicans... Joe, this is a ground ball.
This is a bunt.
Get rid of it!
Get rid of the tax, the penalty for not buying Obamacare.
Right, Joe?
Is this hard?
Just get rid of it!
Easy enough, right?
Now why are the Republicans balking on it?
Because supposedly, according to the Journal, I've not heard anybody tell me this, this is just second-hand by me, but it was in the Wall Street Journal editorial page.
Apparently a lot of Republicans are a little bit shell-shocked still over their failure to repeal Obamacare and the negative publicity they got.
So of course they have no guts.
And I say, BALK UP!
You big frauds!
Sheesh!
I mean, you're in Congress right now or the Senate.
Yeah, remember the Valley Forge generation where people actually had some balls?
I mean, what is wrong with you people?
You went up there to do something, you cowards!
Do something!
I'm serious!
Now, I'm not talking about all of them.
There's some good guys up there.
There are.
I know we're generally disappointed in politicians, but I know some of them that are principled people.
What, do you have no gut?
This is the biggest ground ball ever!
Get rid of the tax for people who can't afford healthcare, and then just give them a tax cut!
This is a bunt!
For those of you not baseball fans, you know what a bunt is?
They throw the pitch, you like, catch the ball with the bat.
You don't even have to swing!
Nobody misses a bunt!
Hey, this is a bunt!
Just do it!
But they're afraid, Joe.
Will you grow a set, please?
My gosh!
Thank God you people weren't alive during the Revolutionary War.
I'm serious.
That war would have been lost.
Someone said to me once, we don't be speaking English right now, huh?
Come again?
That line doesn't work when you talk about the Revolution.
It's a joke, by the way.
Some people got that, some didn't.
But someone said that to me once.
It was a very intellectual joke that if you understand the real joke, you'll get it.
All right, I just really bothered by that because you know Republican futility drives me crazy and this show is an equal opportunity offender.
That's why it used to be called The Renegade Republican.
Some of you, by the way, have asked me why we changed the name.
Honestly, folks, it started as a joke, The Renegade Republican, because that was Obama's name.
It was his military code name in the Secret Service, which is not classified anymore.
It's all over the internet.
It started as a joke, and really it was getting hard for people to find us as the show has grown in popularity.
So it's the Dan Bongino Show, just for the sake of simplicity.
So I should have, you know, I may have mentioned it before, but mention it now, what the heck.
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Oh, all right.
Let's see.
What else we got?
Oh, oh, oh, this is a doozy.
Hey, I got a great piece in the show notes today.
I need you to read, but in a national review by a guy I really like who does great pieces, Kevin Williamson.
He wrote a book.
It's Guide to Socialism or something.
It's one of my favorite--
Hold on a sec.
Joe, don't go anywhere.
All right.
Should I sing?
No, I just wanna...
I can't find it.
All right, well, you can leave that in there.
I'm gonna find it.
He wrote a really cool book.
I think it's called The Idiot's Guide to Socialism or something like that.
But I love the book.
But he writes at National Review and he always does a good job.
And he did a piece today.
Again, we're good.
Libs, get ready.
There's actual facts and data here.
I know this are hard.
You know, facts and data are difficult for you.
I know you've been vaccinated against that kind of stuff.
But He fillets this Washington Post writer, Katherine Rampell, who is really a horror show.
Her writing is frankly embarrassing, and she is one of the most arrogant people.
I mean, just watch her on Twitter.
She really believes she's super smart, despite the fact that she took the fax vaccine a long time ago.
And Rampell writes a hit piece against the Republican tax plan, which, by the way, I have my own beefs with.
I've already been clear on those in prior shows, if you've listened to them.
But she writes a hit piece on the Republican tax plan, and she basically uses every Republican stereotype in the book, and she said, well, it favors, quote, Joe, passive income.
In other words, like, income earned by the people who are out yachting and golfing all day, and these rich people, and they're just making money off investments, and they're not actually working.
Oh, Rampell is an economic buffoon who knows nothing, and Williamson absolutely fillets her in what is an awesome piece.
Again, it'll always be available at the show notes when I talk about this stuff, so go give it a look.
But here's the gist of it.
Rampel's premise from 30,000 Feet is that what she calls passive income, which is almost a joke, in other words investment income, Joe, not income for actual labor, that that income reduces the incentive to work.
Because why would you work if you could invest and make the same amount of money?
Okay, now that one, that is one of the dumbest explanations of capital income and things I've ever heard in my life, but that's what liberals do.
They're economic idiots like Rampel.
So they just say stupid things and they expect everybody to go along.
Now, obviously, Joe, why is that explanation wrong?
Well, it's wrong because there's significant risk in capital income from invested capital, while there's very little risk at all from income from labor.
In other words, Joe, you have a job at WCBM, right?
You get paid weekly or bi-weekly?
Bi-weekly.
Bi-weekly.
So, the money shows up every two weeks, right?
Yeah.
They don't stiff you?
No.
Now, let me ask you a question.
It's not a trick.
If the stock market goes down in two weeks, do you still get paid?
Yes.
If the stock market goes up in two weeks, do you still get paid?
Yes, I do.
Okay, so you get paid no matter what, right?
There's no risk in it, right?
Yeah.
Okay, good.
Again, not a trick.
Okay.
Now, if you are a... Again, not a trick question, Joe.
If you are a stockholder, And the stock goes up next week.
Do you make money?
Yeah.
Yes.
If the stock you own and you're a stockholder goes down next week, do you lose money?
Yes.
If the stock goes, if this company goes bankrupt and the stock is worth nothing, what are you worth?
I'm worth nothing, Dan.
Nothing?
Yes!
This is not... I feel bad for you because sometimes I set him up.
These are not tricks, yes!
If you are a, quote, passive income, this is what this rampel was, zero economic knowledge whatsoever.
Passive income involves significant risk.
People have to invest in other companies, which takes a lot of work.
Right, Joe?
Yeah.
People who go out and make money off stocks don't go like this.
Uh, let me see.
Remember the Magic 8 Ball, Joe?
Oh, yeah.
Remember the Magic 8 Ball?
I love them.
Let me shake the Magic 8 Ball.
What am I going to invest in today?
I'm going to invest in... Snapchat!
Yes, there you go!
Let me take 20 million and put it... What are you, an idiot?
You sit there all day.
You go over with your advisors.
This takes work to invest in fruitful, entrepreneurial, productive American companies.
So she doesn't even understand what she's talking about by the term passive income because she's a liberal and they don't get any of that.
But secondly...
She says, well, on the other hand, a lot of these, these rich, evil, rich people, um, she doesn't say evil, but that's what she's insinuating.
They, of course, they inherit a lot of their money, Joe.
And you know, of course that's wrong.
So we got to do something about that.
Stop the inheriting of money, but Oh, Oh, wait, wait, here we go.
We're going to interrupt the, the rampel idiocy brigade by stopping them with a speed bump of facts and data here.
So the top wealth, Quintile, Joe.
The quintile.
The top wealth quintile, right?
Quintile.
15% of their wealth comes from inheritance.
So 15, now we don't need Jay Zabikus now because I'm running out of time, but this would be, I'll be honest with you, this would be a golden opportunity for Jay Zabikus to reappear on the show.
15% of the top wealth quintile, 15% of their wealth is due to inherited assets, gifts, and things like that.
The lowest quintile, Joe, 43% of their wealth is from inheritance.
So now I get it.
Again, to be fair, because we do facts and data unlike Rampel, who's an economic illiterate.
You may say to yourself, well, if you're inheriting a billion dollars, I'll take 15% of a billion over 43% of maybe inheriting $2,000.
Yes, you'd be correct, folks.
But the argument she's making is irrelevant.
The argument she's making is that this is the primary form of income these people are earning, therefore enabling them to do nothing but sit on the golf course and yacht all day, out on their yacht.
But that's not the case.
85% of their wealth is not from the inheritance.
You see where I'm going with this, Joe?
Yeah.
She's saying you sit around on your butts all day, but if you're rich and successful, and it's not true.
Therefore, we should attack generational wealth.
Although, Joe, generational wealth benefits as a percentage of their actual wealth, people who are poor far greater than it does people who are rich.
But don't let that fact get in the way of your stupid argument.
Now, why is that?
If you make $10,000 a year and you're relatively poor, and your parents leave you a home, And you inherit that home and it's worth $200,000, that's life-changing for you.
So Rampell's argument is what?
We should attack generational wealth even though it benefits some of the poorest people among us?
Now you may say, oh, well there's income limits to all that stuff.
That's fine, but that still defeats a lot of your argument.
The whole argument she's making is that passive income is not, it's the large portion of what these people do, they yacht all day.
That's just not true.
The ability, the money's already taxed the first time, and it's, and they're taxing it now, but the death tax is a terrible thing.
But saying that this is like the primary form of income for these people, passive income, and they've never worked for it, is not accurate.
The numbers are completely wrong.
It's only 15% of their wealth, while it's 43% of the wealth of people who are in lower income categories, which makes my point that generational wealth is a net asset for people who are poor.
And attacking it for people who are rich under the guise that they shouldn't inherit it because they won't work is defeated by the numbers.
Because it's not the primary source of their wealth.
But again, don't let any of that get in the way of your stupid arguments, but Williamson explains it really well, lays out some detail in his piece.
It's really terrific.
I strongly encourage you to look at it.
I'll put it in the show notes today.
You get what I was saying, Joe?
Yeah, that's pretty easy.
That her argument is, yeah, rich people don't do anything.
Meanwhile, it's 15% of their wealth, so it's not true.
And that passive income's a bad thing, although passive income largely benefits the poor.
I was afraid I didn't sum that up.
So that's the takeaway from the piece today.
But again, Libs, don't let that get in the way of your stupid arguments.
It's so unbelievable.
All right, folks, thanks again for tuning in.
I really appreciate it.
Go to Bongino.com, subscribe to my email list, and I'll send you those pieces.
I'll see you all tomorrow.
You just heard the Dan Bongino Show.
Get more of Dan online anytime at conservativereview.com.
