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Aug. 5, 2022 - Jimmy Dore Show
56:50
20220805_TJDS_20220804_Podcast_-_8422_11.42_AM
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Here we're doing live stand-up comedy coming to your town, Indianapolis, Louisville, Cincinnati, Tulsa, Oklahoma City, Detroit, Rochester.
Go to jimmydoorcomme.com for a link for all the tickets for all our dates.
See you in Denver, too.
People used to like to make fun of Donald Trump for the stupid stuff he said, but they all say stupid stuff.
Kamala Harris is the new heavyweight champion.
But now Nancy Pelosi is going to give her a run for the money.
You ready for this?
Watch this.
Source of the strength is democracy.
I said at a meeting earlier with the parliamentarians, in our earliest days of our founding of our country, Benjamin Franklin presidency said freedom and democracy.
Freedom and democracy and one thing.
Security here.
If we don't have, we can't have either if we don't have both.
That is.
Security, economics, security economy.
Again, they're all and governance.
They're all related.
And we want Taiwan to always have freedom with security.
And we're not backing away from that.
Thank you.
Whoa.
Okay.
So what the actual quote is, those who would give up essential liberty to purchase a little temporary safety deserve neither liberty nor safety.
That's what she was going for?
That's the quote.
Here's what she said.
Freedom and democracy, security here.
If we don't have, we can't have either.
If we don't have both, so security, economic, security, economy, again, they're all, and governance.
They're all related.
Ha ha ha ha ha ha ha ha ha.
Ha ha ha ha ha ha ha.
I That really happened Should actually I don't know.
Should I play it here?
Listen.
We should punish all of Asia by forcing Taiwan to keep Nancy Pelosi.
Yes.
And if they mess with us next, we'll send Dianne Feinstein to Korea.
We will continue offloading elderly and confused American leaders onto foreign soils until foreign powers negotiate or fund their retirements.
That's the man who sold the world.
That's a nice tweet.
So let's hear it again.
One of the sources of strength is democracy.
I said at a meeting earlier with the parliamentarians, in our earliest days of our founding of our country, Benjamin Franklin, president, Presidency said, freedom and democracy.
Freedom and democracy.
And one thing.
Security here.
If we don't have, we can't have either if we don't have both.
Okay.
Security, economics, security economy.
And again, they're all and governance.
They're all related.
And we want Taiwan to always have freedom with security.
And we're not backing away from that.
Thank you.
Thank you.
Wow.
Benjamin Franklin presidency said that.
Yes.
Wow.
So again, I don't particularly enjoy making fun of the elderly when they lose their mental faculties.
But if they're going to be thrust down my throat by corporate America and called my leader, I'm going to make fun of them.
And she's losing her faculties like a fox.
So that was fun, I guess.
I don't know.
So they're still going to make, they're still going to say Trump is dumb, though.
That's the thing.
They're going to still pretend that Trump was more corrupt than her.
No one's more corrupt than Nancy Pelosi.
She became a hundred millionaire while she's in Congress.
And you know who becomes rich while in government?
Crooks.
And you know who said that?
Harry Truman.
There's only one kind of person who becomes rich in government, a crook.
And so Nancy Pelosi became 100 millionaire while she was in Congress.
She is a crook.
And she's also getting to the age where she's going to be demented.
And she's not.
Do you think that's sharp?
Holy shit.
And look at her wearing the mask.
Jesus, HF.
She's at the Pelosi stage.
Feinstein stage is next.
Yes.
Yes.
So I just want you to know we're in a recession, but nobody wants to admit it.
The official declaration of a recession is made by the National Bureau of Economic Research, which defines it as a significant decline in economic activity that is spread across the economy and that lasts for more than a few months.
Boy, that couldn't be more specific, huh?
A few.
You mean two months?
A few is two.
So did you mean two?
Or did you mean three?
I think you mean two.
But the NBER, that's the National Bureau of Economic Research, didn't even know that was a thing.
Until just now.
Till just now.
The NBR often doesn't make the, they're the ones who decide if it's a recession or not, but they don't tell you if it's a recession until after we've been in the recession for a while.
And then they'll tell you months later, hey, you know what?
This recession probably started in March.
That they'll pull that shit.
Go ahead, Kurt.
And then months later, I find out what the NBER is.
Is that the process?
That's the process.
So what is a recession?
It's like pornography.
I know it when I see it.
That's what I think.
The latest data from the Commerce Department revealed that the GDP declined again this year at a 0.9% annualized pace for April through June.
So it did it already.
And then it did it again from April through April.
So that's so that's two quarters.
The first quarter's decline was 1.6%.
So that's two quarters.
That's six months.
That's half a year.
We've been going the other way.
So that's our, we're in a recession.
So that's how you know we're in a recession.
Not every recession follows two full quarters of negative growth.
Not everyone, just everyone ever.
Still the consecutive, like they go back to 1949 to show you when it didn't.
There was one time in 1949 or 1939 when we had two quarters of negative growth that didn't lead to a recession.
Maybe because we started the Korean War or some.
Oh, I thought as if Janet Yellen sees her shadow.
Still, even in this article, still the consecutive quarter contraction, meaning two quarters in a row with negative economic activity, is a typical telltale sign that a recession is coming and is often used to define one.
So, this is the normal definition of a recession, and now they're saying no.
So, the normal, if you had two, so if you had six months in a row of negative, that's usually means we're in a recession.
Now, they're all, well, watch.
Here's the press secretary.
Now, watch, we have a, she's an immigrant, she's gay, she's of color, and she's a female.
She checks four boxes.
Now, watch her lie to you.
I mean, it's not, it's not our definition, right?
We're talking about a definition from NBER.
And what is exactly the White House's definition of a recession?
Again, we don't, we don't, I'm not going to define it from here.
Why not?
Why would you define it from here?
Why would the person who speaks for the White House tell you what a recession is?
Why would you do that?
Why would you do that?
Why would you, why wouldn't you, I don't know, crack a dictionary before you went to that thing and see what is recession?
It's because they don't want to say what a recession is.
In fact, they're even lying.
Here's Janet Yellen telling us that we're not in one.
This is not an economy that's in recession.
No.
But we're in a period of transition in which growth is slowing and that's necessary and appropriate.
And we need to be growing at a steady and sustainable pace.
Yes.
But we're not.
We're actually, we've gone backwards for the last six months.
So she says this is necessary for to slow growth.
Anyway, I don't, I don't get it.
But here is, so if you know who she is, she's the Secretary of the Treasury.
And that's why that's important because she's lying.
Oh, by the way, she lied about inflation.
She lies about everything.
And then she goes, oh, we got it wrong.
You know, when everybody in the world knew inflation was coming and happening?
Okay.
So now here's Brian, my favorite, Brian Stelter.
He brings on Paul Krugman.
Now, Paul Krugman is a Nobel Prize winning economist who has become the biggest partisan lying hack I've ever seen in my life.
He's worthless, worthless as an economist.
And he also lied about inflation.
And now he said, so here's how Brian Steltzer introduces this segment.
Watch how he teases it.
And this is caught by this guy, Tom Elliott.
Are you tired of hearing talking heads speculate about the economy?
Us too.
So we booked a real expert instead.
Paul Krugman is up next.
Plus, a single tweet that set off a right-wing ruckus.
We're going to get into the lesson in directing the gate coverage to what actually happens.
Are you tired of hearing talking heads speculate about the economy?
Us too.
So we booked a real expert instead.
Paul Krugman is up next.
Plus, a single tweet that set off a right-wing.
Are you tired of hearing talking heads speculate about the economy?
Us too.
So we booked a real expert instead.
Paul Krugman is up next.
Paul Krugman is a guy who just the other day had to write this in the New York Times.
I was wrong about inflation.
And who is that?
That's him.
He's a real expert.
We're going to bring him on.
And who is this guy?
I'm a real egghead.
My head looks like an egg.
Does you have jokes?
Oh, I think I do.
And by the way, here we go.
So here's a quote from that article, by the way.
You want to see it?
Here's a quote from this article.
He says, I know it sounds lame to say that team inflation was right for the wrong reasons, but it's also arguably true.
So he's saying that the people who predicted that inflation was a thing and it was coming, they were right, but they were right, but for they were still wrong.
And he was wrong, but he's still right.
That's a real quote.
Yes.
I've looked up.
I used up one of my free New York Times articles because I wanted to see what the hell.
Boy.
Team inflation.
Listen to this expertise, you guys.
That is that kind of expertise.
It sounds so much better than some talking head.
They cut right to his dumb head, too, right after he said, are you tired of talking heads?
You're tired of talking heads?
Here's a dumb talking head.
So a survey conducted last month also found that the majority of Americans believe the U.S. has already entered a recession.
The majority of Americans already think we're in a recession.
And why?
Because there's a New York Times conducted a poll, and they found out that more than half of Americans say they are worse off financially than they were a year ago.
Wow, that's disloyal of them.
Very, very, very disloyal of them.
How did the peasants get that idea that they're worse off than they were a year ago?
Quick, quickly send word to the king's men to send for Humpty Dumpty to fetch the Krugman to calm this rabble down.
So they bring on this guy, Krugman.
This is the whole point.
I buried the lead.
I should have showed this right away.
I don't know how to set up a segment.
But this is the funny part.
This is these two fucking geniuses.
This is unbelievable.
Watch these guys.
All right.
So watch this.
Can we dispense with the recession debate real quick?
Are we in a recession?
And does the term matter?
No, we aren't.
And no, it doesn't.
I mean, the one sentence.
That was it, huh?
First of all, why is he giggling like a schoolgirl getting to meet their idol?
It is so weird.
Isn't it?
To me, it's weird.
Okay.
It's the same weird giggle they did when Tapper was interviewing Bolton and Bolton was like talking about how he had led coups.
They just know they're lying.
My money don't wiggle.
It folds.
You like that song, huh?
Yes.
Because it's nice rap.
It's rap for white guys.
That's what I like.
That's why I like it.
It's very polite rap.
You're like a nice polite rap.
It's like a polite rap.
He talks about his money, but he talks about that it doesn't jiggle and folds.
I forget the next line, but so here, let's listen to what this guy says.
Can we dispense with the recession debate real quick?
Are we in a recession?
And does the term matter?
No, we aren't, And no, it doesn't.
I mean, the one sentence.
That was it, huh?
Yeah, that was it.
It's none of the usual criteria that real experts use says that we're in a recession right now.
And what does matter?
The state of the economy is what it is.
So let me just say, Brian Seltzer, you are not in a recession.
Paul Krugman, you are not in a recession.
That's true for you.
But I want to see his giggling one more time.
Can we dispense with the recession debate real quick?
Are we in a recession?
And does the term matter?
Why does he giggle?
Am I being too nitpicky?
He's giggling about fucking recession that people are in.
Maybe somebody poked his little belly under the.
Oh, you think that's what happened?
Can we dispense with the recession debate real quick?
Are we in a recession?
And does the term matter?
No, we aren't.
The moment it doesn't.
I mean, the one sentence.
That was it, huh?
Yeah.
That was it.
Why is he acting like they're doing a comedy sketch?
He can't stop laughing.
That's it.
One sentence.
What in the what is going on?
Because here's what's going on.
Here's the psychology.
He knows he's doing a bullshit propaganda segment, and he's embarrassed in his own unconscious.
He knows that's what they're doing.
And so they all have to play again.
They're talking about fucking recession, and people are in pain right now, and they can't stop giggling.
And that's their guilty conscience.
That's what that is.
I just figured it out.
I just figured it out.
Here we go.
I'll give a little Brian Seltzer giggle to it.
You know, his tummy looks like a cinnamon.
None of the usual criteria that real experts use says that we're in a recession right now.
No, that's a lie.
He said none of the criteria that real experts use say we're in a recession right now.
No, we always know that the thing they use is if the GDP is contracting, and it has for the last two quarters, the last six months in a row, we've had a contraction in our general, a gross domestic product.
And so that's the, so that's just a straight up lie, right?
I'm not, am I overstating it?
He's saying it like he wasn't wrong about inflation.
Here we go.
And what does matter?
What, you know, the state of the economy is what it is.
Jobs are abundant, although maybe the job market is weakening.
Inflation is high, though maybe inflation.
The job market is abundant.
That's why most people have three of them.
Come on, I was expecting something from them.
That's pretty good.
That's pretty good.
It's coming down.
What does it matter whether you use the R word or not?
What does it matter whether you use the R word or not?
Norm McDonald got in a little trouble.
Oh, he means recession.
I got it.
Okay.
Maybe the job market is weakening.
I don't know.
Suck my D word.
How about that?
I'm Paul Krugman.
The White House was trying to encourage reporters to use the technical definition, but certainly many are using a broader definition.
So this is going to go on for a while.
Yeah, the technical definition.
You mean the definition?
A broader definition.
The technical definition.
Go ahead.
I still can't get over it.
At the beginning of the segment, he asked, does the term recession really matter anymore?
And he said, no, it doesn't.
But now you're having a full debate as to whether or not recession is technically defined or broadly defined.
I'm sick of it.
So that's how you know.
I mean, this is one big propaganda segment.
They're not telling you the truth about anything.
They're just doing this to make you feel better about Joe Biden and the Democrats and pretend I don't know why they're doing this.
Like, that's it.
That's the only thing I can think of.
But they both know they're lying.
Go ahead.
It's a major campaign.
Did you see what Wikipedia did and what Facebook and Instagram are doing?
So I saw, go ahead, tell people what they're doing.
Well, Wikipedia changed the definition of recession on the recession webpage for Wikipedia, and they took out the part where it says two consecutive negative quarters of economic decline, GDP decline.
And then they locked the page to protect it from quote-unquote vandalism from anyone who would change it back to the original definition.
And Instagram and Facebook, which are owned by Meta, are putting flagged warnings on anyone's posts that claim that Joe Biden is trying to redefine the term recession.
They're flagging people's posts on their platform.
So I mean, this is, it's unbelievable, the establishment, what they'll do to censor and pretend like they're protecting us from misinformation.
You're protecting the politicians.
You're protecting the establishment.
You're protecting the oligarchy.
You're not protecting marginalized people.
You're protecting the powerful.
Of course you are.
Let's go.
Look, we have to compete with communist China, okay?
Kurt, it froze your joke.
You started and it froze you.
It's like we have to compete with communist China.
Yeah.
Now it kind of wrecked it, right?
Yeah.
I know.
I know.
It's like everybody's playing their roles the way you would expect them to play their roles.
What should I immediately go?
Yeah, I would say that this is especially vitriolic.
I mean, I get, you know, I've been in this business for a couple of decades.
So what he's saying right now is that people who are saying that there's a recession, that they're being vitriolic and they should shut up.
That's what he's saying.
Listen.
Go ahead, Kurt.
He's saying, let them shut up about cake.
That's right.
That's right.
He's going to get lots of hate mail and see stuff.
I've never seen anything as bad as this.
The determination of a lot of people to say it's a recession is above and beyond anything I've ever seen.
What do you think is driving that?
Just partisanship and polarization?
Maybe the reality that we've had two quarters in a row where we've had negative growth and that's the definition of a recession.
Maybe that's what's driving it.
The facts?
Would it be the facts that's driving it?
So now this guy, his job is to feed him that line.
Is this a partisan thing?
This isn't even real.
We're not in a recession at all.
Everything's going great.
There's jobs everywhere.
People are doing fantastic.
They're there to lie.
They're there to piss in your face and tell you it's raining.
That's what Brian Stelter's job is.
And his big thing is he tells you the truth, not Joe Rogan.
Joe Rogan never lied ever.
And this guy lies all the time.
This guy lies all the time.
Of course, the liars are going to call the truth tellers liars.
And that's what they're doing.
This guy's also a partisan hack.
He was trying to get a spot in Hillary Clinton's cabinet in 2016, why he lied about Everything he was saying back then.
Here we go.
Getting worse and worse every year.
And that's this.
Yeah.
Yeah, it's partisanship.
People want it.
It's the Biden recession.
They want their Biden recession.
They're going to have it.
Never mind the fact that it, in fact, is not a recession in any technical sense.
Except the technical definition that it's always been.
Isn't this amazing to watch them do this with straight faces?
But their faces betray them.
They're lying faces.
You can tell.
That's why they were giggling.
That's why he's saying.
And by the way, are you happy now?
You got your Biden recession.
Enjoy it.
Now go fill your partisan gas tanks.
Yes.
Is it fair to say this is the weirdest economy we've ever lived through?
It's a weird economy.
It's weird.
I mean, what's Joe Biden supposed to do?
It's weird.
Oh, my God.
The economy's being super weird right now.
The economy's super sus.
I guess we all got our wishes.
That was for Biden to suck.
We just wanted to keep using positive language and be positive.
But the old partisan hackery once again ruins a good thing.
Our positive spin on a recession.
So he goes on.
He has more stupid shit to say.
His data points.
So what do you want the press to be doing differently in its day-by-day coverage of the economy?
The press is covering the economy incorrectly.
You know, the press that is owned by the people who own the economy, they're not reporting positively enough about the economy that they own.
And he asks, what should they, what should they be doing?
Here we go.
Well, I think that the big problem has been that the coverage has tended, you know, kind of it bleeds, it leads, but this time in economic data, the negatives get all of the attention.
And there's a lot of polling that indicates that people, you know, it's one thing for people to say, look, the inflation matters to me more than the job gains, but a plurality of voters appear to not be aware that we've been gaining jobs.
You know, people just don't know.
People say they've heard more news items reporting negative news on employment than positive.
And employment is, of course, the economy's good point.
So I think that what's happening now is that there's been a kind of negativity bias in coverage.
Just, you know, the press should be giving people their own personal experience.
And if you ask people, how are you doing?
They're pretty upbeat.
You know, there are signs.
People are complaining, especially.
Listen, Harder.
So he's saying, if you ask people, they're very upbeat.
Half the country, I just read it to you, already says we're in a recession.
Half the country.
And the majority of Americans say they're doing worse off than they were a year ago.
So again, he's just doing the thing he's claiming that the he's saying the media is being biased and he's just straight up lying.
That's what you get at CNN.
As they're lying to you, they're telling you someone else is lying to you.
Things like gas prices, those have come down in the last six weeks.
But if you ask people, how's your financial situation?
He's talking about gas prices.
I'll bet you $1,000 Paul Krugman doesn't know how to drive.
$1,000 he doesn't drive a car.
He lives in New York City.
There's no way he drives a car.
He knows how to drive.
I haven't driven in 20 years from living in New York City.
See?
Can this guy can Paul Krugman even spell Aldi?
I don't think so.
I'll bet he can't drive or swim, that guy is pretty favorable.
If you ask them, how's the economy?
They say, oh, it's terrible.
And that's a media failing.
Somehow, we're failing.
He's saying if you ask people how they're doing personally, they say they're doing great.
If you ask them how their economy is doing, they say it's doing horrible.
And that's a media failing.
I just showed you that he's full of shit because the majority of Americans believe that we've already entered a recession.
And more than half of Americans say they're worse off than they were a year ago.
So he's making that up.
He's just making shit up.
He didn't ask them.
He just said he asked some people.
Paul Krugman is like a nebuchi prison guard.
You know what I mean?
And that's more common than you think, by the way.
A nebuchi prison guard.
So there you go.
There's CNN lying to you about recession.
There's the president secretary lying to you about recession.
There's the secretary of the treasury and also a woman lying to you and a senior lying to you about recession.
And then you have Brian Stelter being the biggest liar of them all.
So isn't that nice?
And he's considered.
Wait.
What?
Oh, I froze before.
Did you get a part that Paul Krugman's the vegan Colonel Sanders?
Like if they had a vegan menu, I can't see.
He'd be the perfect vegan Colonel Sanders.
House why?
He looks like he's beyond like, is there a recession?
I don't know.
Impossible nuggets are seven bucks.
It is what it is.
It is what it is.
KFC.
You want to see him giggle again?
Because I do.
Let's watch him giggle again.
Oh, by the way, look how he let's watch this again.
Are you tired of hearing talking heads speculate about the economy?
Us two.
So we booked a real expert instead.
Paul Krugman is up next.
That's your real expert.
Your real expert.
And here is.
Can we dispense with the recession debate real quick?
Are we in a recession?
And does the term matter?
No, we aren't, and no, it doesn't.
I mean, the one sentence.
That was it, huh?
You see how Hardy pretended laughed?
Why would you pretend laugh that hard?
Is this interesting to anyone else?
Can we dispense with the recession debate real quick?
Are we in a recession?
And does the term laugh?
Watch how hard he laughs when he responds.
No, we aren't, and no, it doesn't.
I mean, why, why, what's oh, it's like an egg talking to a glass of milk.
And the reason why he's laughing is because they're lying.
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Hey, profit slump at CNN as ratings plummet.
I tried to warn him.
I told him if you lose Chris Cuomer, you're going to lose the whole thing.
And here we are.
He's a News Nation now.
It's too late.
Too late.
He's found a new home.
So here's the thing that's interesting about this story.
And I don't know if other people are going to report it this way.
But projections from SP Global Market Intelligence say CNN's profitability is on a pace to decline.
Two, $956 million this year.
So CNN is going to make in profit almost a billion dollars this year in profit.
CNN.
Who the fuck?
No one's watching it.
And somehow they're going to make a billion dollars.
Profit.
Profit.
That would mark the first time since 2016 that the network had dipped below $1 billion in profit.
According to three people familiar, I'm shocked that it made that much money.
I can't believe this.
Who does it?
And by the way, so now it declined from a billion to $956 million.
That's considered a crisis if you're a capitalist.
You'd be most people, if you had a business that was making a billion dollars selling shit, you'd be like, wow, we're doing pretty good.
We could do this forever.
We could make a billion dollars a year forever, or $900 million or somewhere around.
This is great.
You wouldn't see it, $956 million in profit as a failure, but that's how capitalism works.
They see that as a failure.
They project the winnings, and then you start spending and buying based on your future winning.
So, two people familiar with CNN's operations said the network's initial 2022 profitability target was $1.1 billion, which Mr. Licht is on track to miss by more than $100 million.
That's the new guy in charge of CNN.
But another person familiar with the matter said that by the, so they were projected to hit $1.1 billion.
They're only going to make nine profit.
Again, this is not gross.
That's profit.
And it's seen as a failure.
Another person familiar with the matter said that by the accounting of company executives, Mr. Lick was on track to meet a profitability target of roughly $950 million for the year, since the network's initial budget didn't account for losses associated with launching the CNN Plus streaming service.
But get this to help, so they need to find more money.
So he needs to, so that guy is in trouble if he can't get the profitability or the net profits up to $1.1 billion.
He's got to figure out a way to do that, or he's going to be seen as a failure.
And so to help solve this financial puzzle, that's what they're calling this: $950 million in profit is a puzzle.
It's a head scratcher to me.
Whoa!
On a network no one's watching, and they're still making a billion dollars.
This is nuts.
But listen how they tried to fix it.
Listen to this.
To help solve the financial puzzle, Mr. Licht has tapped Chris Marlin, a longtime friend who was recently an executive at the Florida home builder, Lennar.
They brought that guy in to run a TV network.
He's never run a TV network.
He's never worked at a TV network, but he's going to run it.
Mr. Marlin had no experience operating a cable news network, having worked at the law firms of Foley and Laudner and Holland and Knight.
But he had cable.
So literally, any idiot can do a better job than Jeff Zucker.
So I'm sure he has cable.
I'm sure he's watched CNN, and that's all the qualifications you need.
I mean, at this point, probably.
Mr. Licht, who took over CNN in May after a corporate merger made Warner Brothers Discovery, its parent company, has tried to sell its staff on a vision for the network that isn't tethered to traditional TV ratings.
No punch I needed.
No punch I needed.
It's already funny.
So it's already funny.
A vision of it's not tethered to ratings.
You mean you guys are going to start doing journalism?
I don't think so.
Careful.
That might get so much ratings that they'll have to suppress it.
He has to sell the journalists and staff on journalism.
That's what he's doing.
He's trying to sell the staff at CNN, a news company on the vision of just doing news.
Don't worry about if it's profitable or not.
Just tell the don't worry about it.
That's what he's trying to sell journalists on at the company.
Journalists are like, fuck you.
Let's do what if it bleeds, it leads, baby.
What are you?
What are you from a home builder?
So during a meeting with employees, his first week, Mr. Licht said CNN would generate revenue by pitching advertisers on the network's pristine brand.
That's right.
The number one news network at the airport.
Pristine.
So he, this is really what he's trying to do.
He's going to try and generate revenue, not by telling company or advertisers how many viewers they have.
He's going to brag about their pristine brand, not just sheer audience size.
I don't want to produce, I don't want producers making decisions based on what they think will rate, he said.
This is fun because this is complete bullshit.
And if that isn't, say, Mr. Lick will be going back to the home building business pretty soon because your shareholders are not going to put up with that shit.
This is real.
Ratings are down from their Trump era heights across cable news, but declines at CNN are particularly pronounced.
The network has drawn an average of 639,000 people in prime time this quarter.
What?
Are you shitting me?
We get 100,000 people on our own fucking live stream, and that's during the day.
That's not even in prime time.
Are you shitting me?
Wow, NewsNation doesn't sound so bad now, does it?
No.
Because Cormo.
So that's a 27% decrease from a year ago.
So a year ago, they had almost 30% more viewers.
It trails MSNBC does CNN, which is down 23% in prime time during the same period.
And Fox News, where viewership is up about 1%.
The network is trying to defray.
Listen to this.
The story.
Honest to God.
I can't believe I sent this to Kurt for jokes because it's so funny by itself.
The network is trying to defray costs associated with CNN Plus.
You know, that big failure?
And how are they trying to defray the costs of CNN Plus by selling some of the programming created for CNN Plus?
You know, the thing nobody wanted to see?
Now they're going to try to sell it.
They're going to sell it to HBO Max and Warner Brothers and other providers.
They're going to sell CNN Plus content.
What content is that?
Is that Don Lemon cooking or Jeffrey Toobin jerking off?
Which is it?
What's that content you think people want to see?
Tubin After Hours is the one I would.
Oh, I would go for that.
He's, well, I mean, what a I think it would.
I think his show is called Tubin After Hours.
It's called Stroke and Tubin.
Stroke and the Tube.
That's it.
Stroke and the Tube.
Tube stroking on the pristine network.
And the Pristine Network.
Here's another way they're going to try and save money.
You ready for this?
Executives at CNN's corporate parent are examining the media empire, which includes the Turner cable networks and channels like Food Network to find roughly $3 billion in cost savings.
So it sounds like they're going to be cutting a lot of jobs over at Turner Cable.
My friend Ben Mankowitz works for Turner Classics.
That's a pretty sweet job he's got over there.
I would hate to see something happen to it.
Plus, food and the food network.
Food network sucks so bad.
It was once a good network.
They would actually have people on and they would cook shit.
What is it now?
It's just one contest after another.
Cupcake wars and bucket hoojo who can make the shittiest thing out of truck and you're going to drive you around and put a blindfold on you and then have you cook.
And it's like, what in the fuck?
Just cook.
Just have people come on and cook.
It's always got to be a contest.
I mean, even the Iron Chef, Nihil, I like watching Iron Chef.
Yeah, that was around first.
But does everything have to be a contest?
And that's all they do now.
Oh, by the way, they got new people at Iron Chef.
They get rid of the funny guy.
What?
The guy who was supposed to be funny, right?
Yeah.
They get rid of that guy.
And who they replace him with?
A woman.
A woman.
Remember that video I have of Brian Stelter saying ratings don't matter?
He goes, if our ratings go down 50%, it doesn't matter.
And then the whole room laughed in his face.
Remember that?
I should have had that.
I should have remembered that.
The bulk of CNN's revenue comes.
Now, where do they get their money if no one's watching?
So the bulk of CNN's revenue comes from long-term subscription deals with cable companies.
And that's how Tucker Carlson makes his money.
Because Tucker Carlson doesn't really have a lot of advertisers that he's been so boycotted.
It's just, it's this catheter commercials and the pillow guy.
That's who our advertising on his show.
Yeah.
So I'm like, so I asked him, I go, how are you, where does the revenue come from?
And he, because I said, how do the average, because it was all about him telling the truth about Syria.
And I go, why are you allowed to tell the truth about Syria?
I thought advertisers.
And he said, I don't have that many advertisers.
And he said, I said, well, how do you make money?
You're the number one show on Fox.
And he said that the cable companies have to pay Fox News and every they have to pay them for every viewer.
So people pay.
You have to pay your cable company to provide you cable.
And so part of that goes to Fox News.
And the part that, and they figure out how many people are watching, and then they have to pay you a certain percentage of the subscription rate of the subscriber.
I think you get it.
So if it costs me $100 for cable, my cable company, Spectrum, will take a couple of bucks from that and give it to Fox News.
And if I'm watching Fox News, they know how many people are watching and they know how much to charge them.
Isn't that wild?
So that's the bulk of CNN's revenue.
And they also get traditional TV advertising revenue.
When those advertisers make spending decisions, they are concerned primarily with total audience size.
Yeah, they don't care about your pristineness.
Hey, you know what?
I don't care how big that audience is.
How pristine, though, is the reporting.
It's very complex.
So it sounds like CNN is going to try to be right down the middle politically instead of left or right.
I like how just telling the truth never comes up once as an idea.
Not one time.
That's already off the table.
What slant will be more popular than our current slant?
So if the strategy delivers more reach, that is more ratings, then it's probably a better business.
But if it delivers less reach, if it turns out that the middle is a narrow place to be these days in America, then it's a less good business strategy.
Who's this profit?
That guy's a regular Warren Buffett over here, huh?
Holy shit.
Is that Jeffrey Katzenberg?
Oh, my God.
Well, if it works, then it was a good idea.
Then it's a less good idea.
That's right.
That's an Ivy League educated guy.
Okay, so there you go.
CNN, even though no one watched this or goddamn show, they still make a billion dollars a year.
To me, that's the headline.
Yeah.
To me, that's the headline.
CNN, no one's watching, and we still make a billion fucking dollars a year.
Unbelievable.
This is what Joe Biden used to say about crime.
We must take back the streets.
It doesn't matter whether or not the person that is accosting your son or daughter or my son or daughter, my wife, your husband, my mother, your parents.
It doesn't matter whether or not they were deprived as a youth.
It doesn't matter whether or not they had no background that enabled them to become social, become socialize into the fabric of society.
It doesn't matter whether or not they're the victims of society.
The end result is they're about to knock my mother on the head with a lead pipe, shoot my sister, beat up my wife, take on my sons.
So I don't want to ask, what made them do this?
They must be taken off the street.
And Madam President, we have predators on our streets that society has, in fact, in part because of its neglect, created.
Again, it does not mean because we created them that we somehow forgive Them or do not take them out of society to protect my family and yours from them.
They are beyond the pale, many of those people.
Beyond the pale.
And it's a sad commentary on society.
Now, Hunter Biden wouldn't be one of those guys, right?
It's not beyond the pale to do corrupt deals with energy boards in a country that we're giving billions of dollars to.
And then, no, right?
Oh, by the way, if it was up to Joe Biden, Hunter Biden would be in prison right now for life because he smoked crack.
But of course, you're supposed to feel sorry for Hunter Biden, but you're supposed to throw black people in jail for the same crime.
Hang on, he's got more to say.
We have no choice but to take them out of society.
And the truth is, we don't very well know how to rehabilitate them at that point.
That's the sad truth.
It's a shame, but we don't know how to rehabilitate.
But there is a consensus, and I will cease.
A, we must make the streets safer.
I don't care why someone is a malfactor in society.
I don't care why someone is antisocial.
I don't care why they become a sociopath.
We have an obligation to cordon them off from the rest of society, try to help them, try to change their behavior.
That's why we do in this bill.
We have drug treatment and we have other treatments to try to deal with it, but they are in jail.
Away from my mother, your husband, our families.
They're in jail.
And what happened?
Well, they exploded the prison population, him and Bill Clinton, and they went and exploded it.
And as they, at the same time, they cut welfare, exploded the prison population, called black kids super predators, and then deregulated Wall Street, which crushed black and brown people within a decade.
And here's one more.
I got one more.
Let me tell you what is in the bill.
And I'll let you all decide whether or not this is weak.
Let me get down here a compendium of the things that are in the bill.
One, the death penalty.
It provides 53 death penalty offenses.
Weak as can be, you know?
We do everything but hang people for jaywalking.
He's bragging.
And so that led to the prison industrial complex that we have today.
And he was a big part of that.
And now we incarcerate more people than China.
And we try to say that they're the dictatorship, and they're the communists, the dictator.
And we're the land of the free, the home of the brave.
We're liberty baby.
We lock up more people in China, even though we have a fraction of their population.
We're the world's largest penal colony.
And that's why.
Because that guy is a piece of shit who did that to lock up poor people.
That's what that is.
He's not talking about rich people like his kid.
He's talking about locking up poor people.
And that's why we have what we have today.
So now he says this.
Before I play this, Dan, you want to say anything about that?
Yeah, sure.
Jim Crow Joe Biden.
Yep.
He, you know, he wrote the crime bill, as you said.
You know, he wrote the crime bill, which exploded the prison population.
And Joe Biden also, little do people know, he also wrote the bill in 1986, the Anti-Drug Abuse Act, the famous Reagan-era Act that created the mandatory minimums that helped explode the prison population, the mandatory minimums on crack and cocaine possession, which created this hundred to one ratio between the sentencing for crack possession versus cocaine possession.
And Joe Biden was also a key part of that.
So Joe Biden, when you think about the prison industrial complex, when you think about mass incarceration, you think about the fact that Hunter Biden gets off doing whatever the fuck he's doing, drugs, all of that.
People like him, the rich, they can do whatever they want.
And poor black people are locked away in prison, nearly a million of them, 2 million people overall.
It's because of number one, Joe Biden.
And Joe Biden continues to call for more police funding.
And I know that I'm sure that's what we're doing.
He is calling for $37 billion more in police funding.
After a whole year of Black Lives Matter protests, they elect Joe Biden and they immediately give $2 billion to create a new police force in the United States to investigate everybody.
And now Joe Biden's going to give $37 billion.
He could have ended homelessness instead, but he decided to fund the police with more money.
Instead of ending all, could have.
But so here's what he's saying now.
Tell me if you can even understand what he's saying, Danny.
Watch this.
That leads it right back under the bridge that I found them when they got arrested.
My plan supports a basic idea.
Those who have served their time should qualify not only for Pell Grants to earn a degree, but get access to good jobs and training, affordable housing, food and medical benefits.
All these steps will reduce crime and prevent crime from happening in the first place.
And my Safer American plan is part of my administration's relentless efforts to invest and empower black communities to be architects of their own future.
So he's singing a little bit of a different tune now, isn't he, Danny?
Yeah, he's squinting really hard as well to try to read that teleprompter.
Now he wants to empower black communities.
Before, he wanted to decimate them by ripping families apart and putting fathers in prison for the same stuff that his kids doing on camera every day.
But now he says he wants to empower them.
He doesn't want to empower them.
He's going to give $37 billion more to the cops.
That's what he's going to do.
Do you think he wants to...
What's the feeling about Joe Biden and how he's treating criminal justice over there?
Well, it's a real nothing burger, to be honest.
He has not done really anything except for do exactly what you said.
Call for more funding of the police and then do it.
What do police do?
Well, they harass homeless people.
They also target and brutalize black people.
And he is giving more money to them and doing nothing to reduce a prison population that he helped explode and which has, as you said, decimated.
It's really decimated the black community in the United States.
I mean, black wealth over this period has been trending toward zero.
And mass incarceration, what does it do?
It ruins jobs prospects.
It prevents people from building up enough credit to be able to own homes.
It is an economic catastrophe as well as a violent tool of suppression.
So Joe Biden does not care about the economic health of black communities when he has built this very Jim Crow-like mass incarceration system from the very beginning.
And doesn't it kind of blow your mind, Danny, that I get why you want to give $37 billion to the cops?
Because he thinks it's going to play well in the midterms for the Democrats and for his reelection.
Politicians are always going law and order to get votes.
And that's what those videos were that I showed you.
That's him trying to get votes being, I'm going to be tougher on crime than anybody, right?
And what you end up doing is creating a bigger problem.
And now we realize that.
But oh no, I forget what I was going to say.
God damn it.
Oh, I can't remember what I was saying.
I lost my train of thought.
Not pulling a Joe Biden right in the middle, right in the middle of trying to put somebody in prison right now, ridicule him.
So, all right, well, that's all he's going to do.
So, oh, I know what the question was.
Why wouldn't so?
I get he's going to spend a 37 billion on cops.
I get the political ramifications of that, and that's why he's doing it.
Not because he thinks it's going to make America safer because it's not.
More cops doesn't, that doesn't lower crime.
You know what lowers crime?
Give people jobs, get better jobs, better economic, give people education.
That's what helps.
All right.
I fucking did it again.
I did it again.
I lost it.
I lost my trade.
Oh, so why wouldn't he then take that another 37 billion?
Because it's not his money and just end homelessness.
Like, why couldn't you do, like, why won't they fix a problem at home?
Well, there is trillions that are being thrown around for banks and bank bailouts and for the military industrial complex, the military budget.
He just increased it to what, 813 billion.
And then Congress said, oh, no, let's throw some 27 billion more onto that.
And Joe Biden's like, cool, very nice.
So, I mean, why?
I mean, Joe Biden is beholden.
He has never stopped being beholden to the same interests that produced his political career.
The creditors, the cop, the police unions, the prison industrial complex, these big corporations that have built these private prisons, as well as pressured and lobbied for the huge state and federal budgets for prisons.
So Joe Biden never stopped being beholden to these forces.
And he tells us so.
The thing about Joe Biden is that he is not subtle or astute.
He is not, he's not Barack Obama, who will talk about smart wars and dumb wars.
And I'm for this, but maybe for that.
And he can play, he can really do a dance around people's heads and they get confused.
And a lot of Democrats especially got confused with Joe Biden.
He just tells you in the Democratic Party base, especially, just accepts it.
So Joe Biden, right, is still being beholden, tough on crime, tough on China.
It all feeds the same machine, feeds the same violent police and military state.
The police now are also another boon for the military industrial complex.
The 1033 program transfers billions of dollars worth of military weaponry right to the cops.
So you give more money to the police.
The military industrial complex also really likes that because that means more cops, more activity, more ability to sell those weapons.
And so Joe Biden is doing exactly what he was selected to do.
And he was selected.
He was selected.
Your presidents are selected.
Barack Obama was selected by Wall Street.
Everybody in his cabinet, he got more money from Wall Street than his Republican opponent.
What does that tell you?
So anyway, Danny High Fong, I appreciate it.
Hey, Danny, where can people find your work?
Sure.
So you can find me on Twitter at Spirit of HO.
I may not last long there.
So follow me on Telegram at the High Fong Press.
And then you can also support my work at patreon.com/slash Danny High Fong and make sure you also follow blackagendareport.com and subscribe to my YouTube at the Leftlens.
Hey, become a premium member.
Go to JimmyDorkomedy.com.
Sign up.
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Freak out.
Freak out.
Don't freak out.
All the voices performed today are by the one and only the inimitable Mike McRae.
He can be found at mikemcray.com.
That's it for this week.
You be the best you can be and I'll keep being me.
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