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March 23, 2023 - The Dan Bongino Show
54:03
Libs Lose It as the Trump Persecution Case Collapses (Ep. 1975) - 03/23/2023
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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.
Do you have any idea how bad this case has to be?
This case against Donald Trump?
If they're having trouble with a grand jury indictment?
I mean, the old adage, you're going to diet a ham sandwich, is not inaccurate.
If you gave me a ham sandwich, not a big fan of ham, or ham sandwiches for that matter, I couldn't diet it.
Oh, I'm sure.
Do you have any idea how bad this case against Donald Trump has to be?
To be having trouble in a grand jury.
It doesn't even have to be unanimous.
It doesn't even have to be close.
Anywhere close to being unanimous.
I got a big show for today.
New information about Hunter Biden and all this stuff.
Economic news out of yesterday.
Hey, that's so good.
We're kind of like a pick-your-poison moment here.
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All right, Joe.
Big show today, so let's get this baby going.
All right, let's go, Daddy-O. Here we go.
You okay?
You got a couple of jobs this morning?
You sound a little down?
You a little depressed?
You were doing something else.
Here's the deal, folks.
Here's what's going on behind the scenes.
We're working on a lot of technical stuff now with the new live chat and everything.
And there's a lot of big developments coming with the Dan Bongino show.
So actually, Joe, I'm glad we started out that way because stay tuned.
You're going to really like it.
We're working on a ton of things.
I'm really excited about the future of the show.
So everybody here is working really hard to...
I'm okay.
I know.
He wants to tell everybody, too.
But we got to hold out.
I just want to make sure.
We're working on the tech stuff.
You never want to go big with an announcement.
And then, boom!
Everything flops.
Bad move.
So, again, you have any idea how bad this case has to be?
That they are having trouble up in New York City, Twinkies, and the Manhattan DA's office.
Getting an indictment on Donald Trump on this Stormy Daniels nonsense, right?
Let's go through a couple things, because there's a lot...
There's a lot of information out there.
I got to tell you, folks, on both sides of this aisle, the pro-Trump side and the lunatic anti-Trump side, there's a lot of information out there that's being sent your way through a partisan lens, but it's not helping people get to the bottom of this whole thing.
All right?
So let's clear this whole thing up first.
Red State article by Nick Aram.
Again, as always, you can read this in the newsletter.
Bongino.com slash newsletter.
Please subscribe.
It's free.
Reason for the Trump grand jury delay.
It was delayed yesterday.
They sent the grand jurors home on Wednesday yesterday, which is very strange.
It said, hold on, time out.
There's a flag on the field.
They know the case could be in big trouble.
Bragg's office, notably, wasn't commenting on the reason for the delay.
Of course, saying we don't want to comment on grand jury matters.
You expect they're going to say that.
But sources familiar with the case told Fox News that the proceedings were canceled amid, quote, listen, major dissension within the district attorney's office.
One source claimed the DA is having trouble convincing the grand jury on potential charges due to the weakness of the case.
Holy Moses, folks.
Do you understand how bad this is?
Let's go through the rules of the grand jury fast up in New York State.
You've got 16 to 23 grand jurors.
They literally sit in a room.
I've testified in front of grand juries before.
16 to 23 because people get sick and they sit for a long time.
Grand juries don't hear one case.
They hear a ton of cases.
They'll sit for a long time.
Weeks, maybe months.
16 to 23 people.
You have to have at least 16, no more than 23. And like I said, it varies.
People don't show up one day, the kid got sick, whatever it may be.
Now, you may say, what's the process for bringing what they call a true bill?
A true bill is an indictment.
You just need 12 of them.
So think about this.
If 23 are seated, which I'm telling you, in a case like this, Listen to me here.
I've done this before.
Involving Donald Trump, a former president, with major, major implications.
Every one of those grand jurors is there.
I would venture to say there are 21 to 23 seated every single day.
Why does this matter?
Again, there's a lot of misinformation and confusion out there about what's happening.
If there's 21 to 23 of them out there, and you can't get 12...
Which is barely 55-60%, about half of them.
Do you have any idea the suck level on your case?
Do you know how almost unprecedented this is in a case like this?
To waltz it in in front of a grand jury in a liberal city like New York.
And you can't get 12 out of 23 people to say, not even that he's guilty.
That's not what the grand jury, all they're there for is to say, is there probable cause evidence of a crime?
That's it.
They don't need beyond a reasonable doubt anything.
You don't even need unanimity.
And they can't even get that?
Now, if you listen to the show and the radio show, Joe, remember we brought this up the other day.
I said to you folks, Joe heard it.
I said it is not a guarantee that he is going to be indicted.
I said this case is so bad.
Now, again, this isn't some Stygian witches moment where I was like, give me the eye and I can predict the future.
I've just sat on grand juries.
And eventually you have to produce some amount of evidence.
The problem is it's leading to a lot of kind of misinformation from the left, but some confusion on our side, too, from people who are having some trouble with the process, which I understand.
I mean, if you've never sat at a grand jury or been a lawyer or a law enforcement officer, why would you?
You know, it's not your thing.
You're an engineer, a pilot.
You do your thing.
I don't know anything about piloting a plane.
Here's where the confusion's starting on our side.
So the confusion on the left is they thought this thing was lock, stock, and two smoke and barrels.
Like, Trump's finished.
Grand jury, New York, liberal New York City's done.
He's totally done.
Well, maybe, maybe, maybe indicted.
He may be.
But that doesn't seem to be the case right now.
Sent the grand jury home.
But on our side, there's been some confusion, too.
There is a letter that emerged from the FCC to Trump's lawyer, Michael Cohen.
Just quickly, the essence of the charge is this.
The allegation is that Donald Trump marshaled this deal to pay off this porn star, Stormy Daniels, to not talk about the thing they had, the liaison, let's say.
Is that a crime?
No.
What Alvin Bragg is alleging is that Trump lied about the payment.
That his lawyer, Michael Cohen, paid Stormy Daniels, which he did.
But that Trump reimbursed him for legal expenses, which were really hush money expenses.
You get it?
And the Bragg allegation is it's a felony because it was effectively a campaign donation.
Campaign donation?
How the hell is that?
Exactly.
Exactly.
That's the point.
Bragg's saying, well, he was trying to further his political campaign by silencing someone who would make him look bad.
Folks, it's the dumbest definition of a campaign donation I've ever seen.
Hence, why the grand jury is having a real problem right now with a true bill.
The problem on our side is a letter emerged yesterday.
You can see it here.
It's an FCC letter from Michael Cohen to the FCC. Now, Cohen and Bragg are alleging that there was a payoff from Trump to Cohen, you following the gravy train here, to reimburse the porn star to shut up in this NDA deal.
Well, here's the problem.
As you can see from this letter from Michael Cohen's lawyer that emerged yesterday, He says, quote, Cohen's lawyer said in this letter to the FCC a while ago that neither the Trump organization nor the Trump campaign was a party to the transaction with Ms. Clifford.
I think Stephanie Clifford's her name, Stormy Daniels, obviously her screen name, if you know what I mean.
And neither reimbursed Mr. Cohen for the payment directly or indirectly.
If there was ever a time...
Here it comes.
Here it comes.
Did we lose the bird well?
What's that?
Is it behind me?
We missed the bird well.
Oh, it is behind me.
This is time for the bird well.
The bird well comes out.
It's been a while.
I gotta keep this close.
Folks, if there was ever in the history of exculpatory evidence, in other words, evidence of your innocence, if there was ever exculpatory evidence in the history of legal cases, this is it.
This is the equivalent of me accusing Guy of a murder, and then the guy who I accused Guy of murdering shows up in court to say I wasn't murdered.
Kind of causes a problem for a murder case, no?
Hey, I was not murdered by Guy.
Well, how do you know that, sir?
Because I'm here.
The whole...
You guys follow me?
The gist of the case is that Trump hid the payment to Cohen.
He paid him, Cohen, to shut this woman up.
Rowan's lawyer literally signed a letter saying that that didn't happen.
So like Trump wasn't even a party.
He said that!
Now, there's a possibility.
Hold your horses here, I'm a costume maker.
Hold your horses.
There's a possibility, fairly enough, that Cohen, who was Trump's lawyer at the time, was lying to cover for Trump and wrote the letter to the FCC to cover for Trump.
But the problem then is Cohen's a liar.
How do you trust anything this guy said?
You get the point?
So he's either a totally not credible witness who will lie to the SEC and to his lawyer, or the letter's accurate and Trump had nothing to do with it.
There's this case.
Listen, I love Donald Trump.
He's my guy.
I get it.
But I'm telling you in the most objective way humanly possible, this case is a freaking dog.
It's a dog.
It is probably one of the worst cases I have ever seen brought against, forget a politician, against anyone.
This is a murder trial where the guy who's supposed to be murdered shows up in court to say hello.
Okay, let's get to the part where there's some confusion.
It started making its way around social media yesterday.
Gosh, this is a Brady violation.
We'll get to that later, by the way.
That's another topic.
A Brady violation.
What's Brady violations?
Brady violations are when the government has information of your innocence and hides it.
If the FBI is prosecuting Guy for a bank robbery, and the bank wasn't in fact robbed, and the FBI knows that, and they don't tell Guy's attorney that, that's it.
They're finished.
You may open yourself up to civil litigation if you do that.
Brady material is evidence of a subject's innocence that the government is obligated to turn over.
It's not optional.
So a number of people, fairly enough, said, well, isn't this exculpatory information that should have been presented to the grand jury and it made its way around the Internet?
The answer is, that's a convenient argument, but no.
No, no, it's exculpatory.
I just explained that.
But folks, that is the point.
What do you mean?
The grand jury, these 23 grand jurors that sit, the government prosecutor, in this case the DA's office in Manhattan, has zero obligation whatsoever in there.
To present exculpatory information.
How did I open up the show?
What did I say, guys?
I said you couldn't die to ham sandwich.
That's how it's.
Just put it on the internet.
Put it on the search engine.
Die to ham sandwich.
People have been saying it for decades.
Why?
Because the government prosecutor goes in there and can say basically whatever evidence they want without giving the exculpatory evidence.
Now, that'll come up in discovery and at trial, but not in the grand jury.
Now let's tie it all together.
How freaking bad is this case, folks?
That the government, the DA's office, had no obligation to even disclose this.
Now everybody knows it's out there.
Didn't have to disclose it.
Should have, but didn't.
And they still, they still can't get a true bill and indictment.
Can you process the suck level on this case that they've got information sitting out there that the guy who's supposed to be murdered is still alive.
They withhold it from the grand jury while going in there making this murder case and not telling the grand jury any of the stuff about how bad the case sucks.
And they still don't agree.
Now...
If you're a sane person, unlike Twinkies in New York, right?
Because the guy's clearly been eating too much and it's polluted his frontal lobe, okay?
If you're Twinkies right now and you know this letter's out there, Entirely absolving the defendant in this case, potentially Donald Trump, of guilt in this.
You haven't yet disclosed it to the grand jury.
If you're smart, which Twinkies isn't, one of the dumbest human beings ever to occupy any law enforcement position in the United States.
Oh my gosh.
Monarch of the stupids.
Emperor of the imbeciles.
You go forward with the case.
Push through, keep going back to the grand jury over and over.
That's why I told you, folks, you think this case is going to hurt Donald Trump?
Donald Trump is going to walk out of this.
There is zero chance, zero chance, that whether through the appeals process at the end of the day, that this verdict, say it is guilty, which I'm not even sure it would be, if it even goes to trial, if they even get out a grand jury, there's almost zero chance Donald Trump doesn't come out victorious in this in the end.
You get my point here?
Don't fall for the exculpatory evidence trap here.
It is exculpatory.
However, the DA has no obligation to put that in front of a grand jury.
That starts at discovery and at the trial process, not in a grand jury.
That's why you couldn't diet a ham sandwich.
You don't have to tell the grand jury anything about the subject being, you know, potentially innocent.
That's the whole point.
And they still can't get him.
Now, even the hardcore lefties, some of them are starting to wake up that this is going to be a disaster.
Some of them.
99% of tyrannical left-wing communists are just straight-up imbeciles and want to see Trump in handcuffs, even though they know it's going to blow up in their faces, because they're idiots with no sense of response consequence.
Here's Van Jones yesterday on, I was at CNN. Here's Van Jones starting to, I mean, the guy's liberal bona fides are in question, right?
Here's Van Jones saying, dude, are we really sure we want to go forward with this?
This Manhattan DA better wake up soon.
Because this case probably isn't that great.
Take a listen.
I think that the heat is on this DA. I think he's going to make a very sober decision.
And I would not be surprised if he doesn't step back from the brain.
Now, of course, Jones, who I'm no fan of, he's no fan of mine either, Jones is just saying the truth.
You know, whereas I just told you the truth about the exculpatory evidence thing, don't go on Twitter, oh look, they withheld the exculpatory evidence from the grand jury because I don't want you to get burned.
Because it makes your credibility look bad.
He doesn't have to do that.
The left doesn't care.
They don't want the truth like I'm giving you.
They want to be told one thing and one thing only.
You guys know what it is.
Donald Trump, lock him up, hang him by his toenails.
They don't care.
Shave his head, put him in prison, mugshot.
They don't care.
So Van Jones is stating the obvious.
This case is a dog.
An absolute dog.
They don't want to hear it.
Here's Illy Mistel, that lunatic from MSNBC, another guy with a Twinkies problem.
Maybe him and Alvin Bragg eat at the same place.
Here's another Twinkies guy, the fatty acids clogging up his neurons.
Here he is, he tweets in response to this.
Van Jones is the Tim Scott of Maggie Haberman's.
And then Mueller, she wrote, a hilariously stupid podcast that actually believed the Mueller pro was going to find collusion.
Tweets back, OMG, ha ha.
I remember a Politicon once.
They asked me to be on their podcast.
I was like, ha!
Yeah, sure.
Maybe tomorrow.
It's true.
They know what happened.
I didn't figure out.
I had no idea who they were.
I'm like, Mueller?
What the heck is that?
These people take Mueller seriously?
Folks, the libs are losing it.
They are completely detached right now from legal reality, from political reality, anything else.
They don't realize right now that the reason Donald Trump, I'm telling you, I'm getting this from, listen to me, listen to me quick, please.
I'm getting this from the most reliable of sources.
Trump's not afraid of this case one bit.
You may think he is.
It may make you feel better.
Oh, we got him now.
Joe, the walls are closing in.
Guy, they got him now.
Walls are closing in.
You may think so.
But I'm telling you right now, Trump isn't the least bit afraid of this case.
He knows it's a dog, and he knows he's going to have his moment walking out of the courthouse, shaking his fist in the air, as he's victorious in this case.
He knows it.
And he knows you guys are setting yourselves up for failure.
Folks, the Democrats have been salivating for years, too, over an indictment of Trump.
It's really pathetic.
I got a supercut of that coming up in a second.
And then is the next shoe to drop here in this case, the White House involvement in this?
Was the White House involved in pushing Twinkies to try to charge Donald Trump?
Because then we got a real problem.
Let's get to this first.
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So, the Democrats, this is a hat tip Tom Elliott over at Grabian, have been salivating for years over an indictment of Donald Trump.
It shows you why, tie in this segment up, why what I just said matters.
They are completely detached from any kind of legal or political realities.
Their case is a legal dog.
It's an even worse political one because Trump is going to beat them and they're going to martyr the guy and make him look like a superhero.
Karl Rove wrote a piece yesterday at the Wall Street Journal.
Suggesting otherwise, that this isn't going to politically help Trump.
I entirely, completely disagree.
Sometimes I agree, sometimes I disagree.
Completely disagree.
I think he is totally misreading this situation, and I say it as a guy who really loves a Florida governor, and I like the former president a lot.
I'm being objective as possible.
I think he's totally misreading this.
This is what the Republican base sees when they see Trump fighting the deep state.
And when he wins this, they're going to see it as a victory over these people.
Take a look.
It's clear that Trump is the target and he'll be indicted eventually.
On the day Donald Trump leaves office, the Justice Department may indict him.
Now there is talk of jail time for the president.
That Mueller could indict the president for obstruction of justice.
Donald Trump should be indicted for calling a cooperating witness a rat.
He should have been indicted.
A sitting president can be indicted by the Justice Department.
Why aren't we at the target, Trump, having committed crimes to get the presidency?
So why aren't we at an indictment yet?
I think there's generally consensus that the president has probably committed indictable crimes.
It's very strongly in favor of indicting the president when he is out of office.
That there may be enough evidence to indict Trump.
Is Donald Trump going to be indicted?
Maybe it'll happen.
Maybe he'll go to prison.
You know?
Will he ever see the inside of a prison cell?
DA could get a ham sandwich indicted.
Hey, listen.
Trump's the Big Mac.
Even if Donald Trump himself is not ever indicted, there is another way that prosecutors can actually indict the entire Trump org.
Now, Joe cut that.
That video is three minutes and 30 seconds, three minutes and 30 seconds long.
You can go to Tom Elliott's Twitter feed or Graby and take a look at yourself.
It goes on and on.
From 2018 all the way up till now, Democrats just, you know, blood from their fangs, salivating, foaming at the mouth, rabid-like, begging for a Trump indictment.
Again, back to my point, it has detached them from reality.
They have lost, they have totally lost their bearing.
They're in the matrix now.
They're in this false reality where they think they're going to legally or politically hurt this guy.
They may legally cost them a lot of legal bills, but the cases against them, whether it's Georgia and classified documents or this, are all dogs.
The classified documents case only brings attention back to Joe Biden, who has got a far worse scandal.
The Georgia case keeps bringing attention back to people who have a lot of questions about what happened to Georgia.
And this case just keeps highlighting Trump's war with the deep state.
None of this is working.
Here's the next shoe to drop, by the way.
Read this piece by John Solomon.
The House Judiciary Committee is probing whether D.C. Democrats intervened to pressure Twinkies to charge Trump.
Oh boy.
That could be a problem.
That could be a real problem, especially considering the Department of Justice decided not to prosecute this case against Trump because they knew it was what, fellas?
A dog.
A dog.
Now, as I said to you yesterday, I'm very concerned about our republic, and you should be too.
You need two things.
For social revolution.
And I don't mean this revolution in any kind of a qualitatively positive way.
I'm talking about societies collapsing and violence in the street.
You need two things for that to happen, generally speaking.
I mean, imagine it, the worst possible scenario.
Neighbor against neighbor, no police, civil war in the streets.
Imagine that.
Horrible, right?
You're never going to get there in a prosperous country like the United States without two things.
Number one, faith in institutions collapsing.
People don't do this stuff because they're afraid of the police and being arrested.
They're afraid of a military crackdown or the FBI investigating them.
That's a good thing.
We don't want civil war in the streets.
You want people killing their neighbors.
Obviously.
I mean, does that even require us saying that?
But you have faith in institutions.
And you believe, like, your neighbor's not going to come after you either, even if they're a Democrat and you're a Republican, because we have laws.
And we have what?
Faith in institutions.
When you see societal upheavals, people lose faith in institutions.
Oh, the FBI's not going to protect me.
Matter of fact, not only are they not going to protect me, they're going to target me because I'm a MAGA supporter.
That's happening now.
I just described to you how nobody has any faith in this justice system anymore.
New York City, you're a sitting duck if you're a conservative.
Why you'd stay there is beyond me.
The second part you need is not just faith in institutions collapsing.
You need economic collapse because you need to make people desperate.
Once they're desperate, only four missed meals away from chaos, right?
That's the old line.
Civilization's a thin crust on a volcano, right?
It's been said before.
Once you get to economic collapse, you've got this witch's brew for dangerous societal upheaval.
Folks, it's happening right now.
You've got this perfect storm going on right now.
As the Fed raised rates again yesterday, 25 basis points.
The economy is teetering on an edge.
That broke after the podcast yesterday.
We have a lot of trouble.
But back to the faith and institutions part in a second.
This has been a multi-day part.
I've been covering these over the last couple of days and I'm very worried about this.
You want to see why faith in institutions is collapsing?
Well, you're probably saying to yourself, oh, well, you know what?
Even if Twinkies indicts them, our institutions will hold, Joe.
You know, we got courts.
We got judges.
I mean, judges are just, you know, guys and ladies in black robes, and they're not partisan at all, and they know the law, and they understand the law, and they'll back us up.
Of course, that got thrown out of the way with January 6th, where guys have been sitting in gulags for two years, despite habeas corpus.
Oh yeah, they've had initial appearances, but they've been kept in prison for absolutely absurd, absurd reasons.
Nobody has faith in the judicial system anymore.
People are losing him.
How do you expect to get a fair trial as a conservative in front of this guy?
Let me introduce you to a man named Cato Cruz, who is being nominated for a court seat by Joe Biden.
He is a federal magistrate now.
He's asked a pretty simple question about Brady material.
Brady material.
You know, like we've been discussing for the last three weeks and everyone else has been discussing in the media.
It's evidence of a defendant's innocence that's not presented to him.
I.e.
the FCC letter from Michael Cohen's lawyer to the FCC about the payment Donald Trump didn't make according to the letter.
Brady material is a concept.
Taught to a law enforcement officer and a 101 law student in college.
This is not a complicated thing.
So a federal magistrate, you guys think they know a little bit about Brady material?
It's like asking Joe, Joe, you know anything about processing sound?
No, no, nothing.
You want to be the sound engineer?
I'll figure it out.
No, we're actually looking for someone with some skills.
Listen to this.
Here's Cato Cruz responding to Senator John Kennedy, Republican from Louisiana, who asked him a simple question.
What's Brady material?
Check this out.
Show me how you analyze a Brady motion.
How I analyze a Brady motion?
Yes.
Senator, in my four and a half years on the bench, I don't believe I've had the occasion to address a Brady motion in my career.
Do you know what a Brady motion is?
Senator, in my time on the bench, I've not had occasion to address that, and so it's not coming to mind at the moment what a Brady motion is.
Do you recall the U.S. Supreme Court case, Brady v.
Maryland?
I do recall the name of the case, the senator, yes.
And what did it hold?
I believe that the Brady case involves something regarding the Second Amendment.
I have not had occasion to address that.
If that issue were to come before me, I would certainly analyze that Supreme Court precedent and apply it as I would need to to the facts in front of me.
Thank you, Mr. Chairman.
You're a federal magistrate?
Thank you.
Who confuses the Brady v.
Maryland case?
Again, a case taught to a first-day Fletzy student training to become a TIGTA agent for the IRS. Federal Law Enforcement Training Center, Fletzy.
That's what they call it.
You're confusing one of the most important cases in American history, Brady v.
Maryland, with the Brady bill?
He told you Brady v.
Maryland.
You don't even know what it is?
That's like not understanding the significance of Marbury versus Madison.
Folks, this is embarrassing.
And I'm just putting it out there.
I'm not a Biden supporter.
I mean, does anyone need...
Obviously, you don't need an explanation there.
But like I would expect to get a fair trial in front of a judge, even if they were a Biden or Obama appointee, I would give these guys a fair shake too.
Maybe they are good guys, maybe they're not.
I'm sorry, that's automatically disqualifying.
Automatically disqualifying.
There is no way anyone should vote to put this guy through if he has no idea what exculpatory evidence is.
It's not like we just had this conversation about the QAnon shaman and about Michael Cohen.
I mean, all the guy had to do, Joe, is turn the news on where the idea of exculpatory evidence and Brady material comes up every day.
The January 6th videos of Jacob Chansley, the QAnon shaman, being escorted around by police.
Brady came up.
All you have to do is put the news on.
You think you're going to get a fair trial in front of this guy.
Are you crazy?
Zero chance.
This guy was clearly chosen for ideological reasons and not his knowledge of the judicial process.
And I loved watching lefties defend this stupidity.
If that was a conservative nominee, forget it.
They would have went crazy.
They don't care.
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All right.
So the craziest thing is, again, Brady material is all over the place.
The January 6th cases, the Mike Flynn case, the Michael Cohen, Donald Trump case.
If this guy, Cato Cruz, his judicial nominee, just turned the news on, Joe, hit the power button on the remote, he would have learned what Brady material is.
Now, this is coming up again.
Because one of the defendants in the January 6th case, who was charged with all kinds of things, you know, felonious mopery and the umpteenth degree and all these other charges and everything else, one of the defendants, his legal counsel, just filed a motion, and he makes a suggestion in here that, I gotta tell you, I was communicating with Former FBI friend of mine yesterday about this, and he said to me, I have never heard anything like this.
It reminds me of that scene in that movie Seven with Morgan Freeman and Brad Pitt.
They're investigating the serial killer, and he whispers in his ear, have you ever seen anything like this?
The answer is no.
The lawyer for one of the defendants in the January 6th case Is implying that an FBI confidential source?
Doesn't mean it was an FBI agent.
It could have meant it was someone who had infiltrated their group or someone they flipped.
Quote, participated in prayer meetings with members of one or more of the defendant's families?
The CHS, Confidential Human Source, also engaged in discussions with one of the defendant's family members about replacing one of their lawyers?
The above may not include all the communications that were initiated by or engaged by the CHS. Folks, listen, again, please, I promise you objectivity in this matter.
I am not subjective.
I am a conservative.
I believe in conservative principles.
I promise you objectivity in this matter.
I am putting all of that aside to tell you as a former federal agent myself, I have never heard of anything like this.
Let me just sum up.
First, you know what?
Let's play Christopher Wray first.
Maybe it explains this.
Here's a video.
He's being questioned by a Republican congressman.
This is months ago.
FBI Director Christopher Wray has asked specifically about this.
Did you or did you not have FBI sources inside the January 6th crowd, the Proud Boys and other entities that were there that day?
Listen to the shady, slimy answer he gives, which should have sounded the alarm early.
Check this out.
That there's a suggestion, for example, that the FBI's confidential human sources or FBI employees in some way instigated or orchestrated January 6th, that's categorically false.
Did you have confidential human sources dressed as Trump supporters inside the Capitol on January 6th prior to the doors being opened?
Again, I had to be very careful.
It should be a no.
Pretty much a yes or no answer, right?
Julie Kelly, Darren Beattie, that was from the Laura Ingraham Show.
They've been on this story for a long time.
Now, the liberals out there who listen to my show and want to send me death threats and everything, I know how you are.
Just for a minute, you know, take the cotton out of your ears and stick it in your mouth.
Do you understand how devastating this is?
How if you continue to support this, this situation could degenerate quickly and turn around and ensnare you?
It's really amazing.
Joe, remember the whole infiltration of the Black Panthers thing in the late 60s and 70s?
They weren't crazy.
COINTELPRO. Oh my gosh, how awful.
It's amazing how when it's a left-leaning group, like the Black Panthers that ascribes to these socialist principles, the left loses their mind with what they declare the FBI heavy hand.
Now that it's pretty clear the FBI had a source inside of some of these January 6th defendants' groups, the left loves it.
They think it's the greatest thing ever.
Now, let's be clear.
There's nothing wrong legally.
Morally, it's up to you.
You judge it however you see fit.
There's nothing wrong legally with the FBI using sources to get information, as long as it's not obtained illegally.
However, there is something administratively, unquestionably wrong.
And they are going to have a real problem if these allegations are true.
That the FBI developed a source inside this Proud Boys network?
And was giving somehow legal advice to the families?
Keep supporting it.
Where's the ACLU on this one?
Where are you guys?
You understand how bad that is?
Imagine it, right?
Joe's got a group of people that robbed the bank, right?
So he robbed the bank.
And the FBI's had a source in there and are paying off one of the guys to give them information the whole time about the bank robbery.
Joe's then in prison.
And then the same guy who the FBI's using as a source is showing up with the family and getting the legal strategy from the lawyer that's going to defend Joe in court?
Wait, what?
Are you crazy?
I'm talking to this FBI guy yesterday, Joe, on Signal.
And he's like, this is by far the craziest thing I've ever heard, and I've heard a lot of crazy lately.
This is nuts!
Now you see why I'm worried about the witch's brew of the economy collapsing at the same time faith in institutions is totally eviscerated?
You're going to trust the FBI after this debacle?
You're going to trust the court system with a guy who doesn't even know what a freaking Brady case is?
Now combine that with this, the economy going down in flames at the same time, we now have two choices, folks, with the economy moving forward.
Fed met yesterday.
Bumped up the rates, 25 basis points.
You can see at the Washington Times, Fed raises rates, declares sound banking system.
Oh, yeah.
They declared inflation was transitory, too.
I don't know about that.
I'm going to take that and stick that right in the toilet bowl.
Fed's got an interesting problem right now.
I summed it up for people yesterday.
I see it made its way around Twitter.
A lot of people are saying, hey, listen to Dan Schoey.
He sums it up.
Here's the choice right now we have in the economy.
There's a third choice, but it's not an option because Joe Biden's in charge.
I'll get to that in a second.
But we have two choices right now in the economy.
And only two with the Democrats in charge.
You're going to have hyperinflation or a bank collapse.
Or both.
There's a third option to fix this right now, but the Democrats won't take it.
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So, pick your poison right now.
The Fed's got to raise interest rates because they've got to dry up the money supply.
Interest rates go up.
It makes money more expensive, right?
Everything has a price.
Bagels, cars, money has a price, too.
For you to get money at a bank, you've got to pay an interest rate, right?
The higher the interest rate, the harder the money is to get.
I can't afford a 9% loan, but I can afford a 5% loan.
Think of an interest rate as a price of money.
Kind of the price of capital, but for the sake of argument here.
In order to dry up the money supply and make money harder to get, the Fed raises interest rates in inflationary periods.
Okay, that's a great idea.
We're in inflation.
What's the problem, Dan?
The problem, as I've said for the last week, is as the interest rates go up, the banks all have a bunch of bonds on the books that lose money when interest rates go up.
No one wants a bond paying 2% if I can get a 5% bond because interest rates go up.
Very simply stated.
So what you're saying, Dan, is as the Feds keep raising rates, banks are going to continue to lose money?
Isn't that going to cause a banking crisis?
Yes!
That's the point, man.
So there's a third answer here.
The third answer is to do what Reagan did.
And to juice the economy by cutting government spending and massively cutting taxes.
Letting the economy grow, which would produce more products, which, like a sponge, would suck up all the money.
Because it'd be chasing more products and prices would come down.
That's out of the question.
Biden's a communist, doesn't want to do that.
So what's going to happen, folks?
Well, I'm telling you, either hyperinflation is going to happen or you're going to see more banks going down.
Here was a guest, Eddie Gabor on Fox yesterday, explaining exactly the problem we're in now.
Check this out.
Eddie, does backing up the banks make any difference to your bearish outlook for stocks?
It does not.
Look, the fact that Yellen has to even come out and say that there's a potential to need to backstop more banks, in my opinion, gives people less confidence in these smaller banks.
And so we have a banking crisis, unfortunately.
And look, this goes well beyond the banks, right?
Think about the financial institutions that aren't backed by FDIC, the shadow banking that have these same types of high-risk loans that are out there.
They're going to start to see defaults there, and there won't be any government backing.
Look, at the end of the day, the government can't backstop every business and every bank and every depositor.
This is a function of poor monetary policy and loose and zero interest rates for over a decade.
And we just started this banking crisis a couple of weeks ago.
Just because Yellen comes up and speaks about it doesn't mean it's going to reverse itself overnight.
This guy just absolutely nails it.
He absolutely nails it.
It's not just the banking system that's in trouble.
It's a shadow banking system.
What's the shadow banking system?
A lot of these companies that aren't going to be able to get loans from standard banks, Joe, because they got a product that may or may not work and they're new and they have no reputation in the space.
They go to this venture capital angel investor space who lend them money too.
A lot of them are going to have problems as interest rates go up too and money starts to dry up.
This entire shadow banking system that's interest rate sensitive has the same issue the banking system does.
A lot of these companies that were going to go public are not.
A lot of these companies that are public and have been borrowing money at low rates and have bonds on their books.
Their bonds are going to be worthless.
Now you see why I'm a little worried?
I'm worried very simply because the witch's brew for social revolution and this economic trouble at the same time faith in institutions collapses.
Sounds like something is happening right now.
Speaking of faith in institutions collapsing, you see this email?
The America First Legal Foundation?
They got this email from Kate Benningfield when she was working at the VP office, Biden.
Look at the date, 2015. Biden's the vice president.
This is hilarious.
She's answering to Eric Schwerwin, who was one of Hunter Biden's business partners at Rosemont Seneca.
They're talking about making the Hunter Biden story go away.
She goes, absolutely.
This is in the VP's office.
She says, absolutely.
We've had two conversations about it.
She's talking about our conversations with someone from the press.
She will only use the press if her editors hold a gun to her head.
She absolutely will not do the second thing.
Talking about covering these past stories about Hunter Biden and his time in the Navy and his corrupt business deals.
You think we're going to get honesty from the fourth estate in the media?
You had someone in the media telling the VP's office they're not going to actually cover the bad news about the VP unless they, quote, have a gun to their heads.
You think you're going to get honesty from the White House?
Here's Kareem Jean-Pierre.
Anyone changing their vote in advance?
He still sucks.
Worst press secretary in the history of the United States by far.
She's asked yesterday by Peter Doocy about this unfolding disaster of the Biden mafia corruption ink racket.
And the new information from bank records about Hunter Biden.
Keep in mind, these are bank records.
No one's disputing the authenticity of them.
And the Kareem Jean-Pierre defense is the Beavis and Butthead defense.
The infamous cartoon from the 90s.
The other kids did it defense.
The wasn't me defense.
Here, listen to this.
Thank you, Karine.
House Oversight says they've got bank records showing a Chinese energy company paying three Biden family members through a third party.
What were they paid for?
Look, I'm just not going to respond to that from here.
Look, we have heard from House Republicans for years and years and years how the inaccuracies and lies when it comes to this issue.
And I don't even where to begin to even answer that question, because again, it's been lies and lies and inaccuracy for the past couple years, and I'm just not going to get into it from here.
This is really stunning defense, how the media lets us go.
They have the bank records, just like they have the laptop.
Nobody's disputing the authenticity of either one.
Nobody.
And they still are going with the wasn't me defense.
And the media obviously doesn't care unless you quote Kate Benningfield's email.
They will not print it unless you put a gun to their heads.
This is just insane.
By the way, I've got to get to these stories.
Questions for tomorrow.
If you want to submit questions for tomorrow, we do Ask Me Anything tomorrow on Friday.
Go to my Locals account.
Download the Locals app.
I'm at D. Bongino.
And I'll put a Questions for Dan post up.
And then you can also go to my True Social account, at D. Bongino.
Say Questions for Dan.
Submit a question for tomorrow.
But I want to get to this.
I've been holding it for a couple days.
First, as I've said, what's old is new again with the left.
Joe, segregation is back with the left.
Now we can take another vote.
Segregation, Joe, good or bad thing?
Bad, Dan.
Gee?
Gee's giving it a thumbs down.
That's a threefer.
Segregation, definitely no good.
As I told you, though, the Libs want to bring it back.
Grand Valley State University lists their graduation ceremonies for black students, Asian students, Latinx students, and Native American students next month.
They'll also have a general commencement for all students when they're done with segregated students.
Segregation!
It's back with the left.
Here's a video too.
I haven't shown you yet.
This is Lydia Glaze.
She's a state representative in Georgia.
Here she is about school choice.
They want, again, segregated schools.
Poor minority students in crappy schools.
She's a Democrat, of course.
They want poor minority students in crappy schools.
And they want white and other students in other schools.
So, this is the Democrats' argument.
And here's Lydia Glaze, state rep in Georgia, arguing against school choice, saying, you parents, you're just too stupid to figure it out.
Kind of similar arguments that are made by racists all the time.
Check this out.
I see access as a problem.
I see parents being able to direct their child's education, and they are already in the lower 25 percentile, meaning a lot of those parents did not finish high school and could not finish their own education.
I am extremely concerned that we would put money in their hands and that entire piece of life in the hands of parents who are not qualified to make those decisions and they don't have the money to put in the difference that their child would need to attend a private school education.
Now, Joe and I and Guy don't hang around with racists, but in our effort to stop them, I've researched a lot of their stupidity.
And one of the arguments is that people of a different race are stupid and dumb and have some genetic limitation.
Doesn't sound that much different from that one right there.
Bunch of idiots.
You can't figure out what to do with your kids.
Here's the hilarious part.
Lydia Glaze, Georgia State Representative, took advantage of school choice by using her money to send their kids to private school.
Check this out.
I am for private schools.
All of my children graduated from private schools.
But I am not for them if we take public school dollars and use them for private schools.
We pay for it.
Hilarious.
Public school dollars, Joe.
As if they come from the money fairy.
It's money taken by force from parents to pay for other kids.
To pay for other kids' public school.
So you're not allowed to take your money and send your kid to a private school like she did.
We'll just confiscate it and give it to other parents instead.
People are so stupid, man.
It's old as new again, folks.
Segregation's back.
The left's loving every second of it.
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