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June 15, 2022 - Sean Hannity Show
30:42
Energy Independence Is Key - June 14th, Hour 1

All of America's problems come down to energy independence....which we had just a few short years ago! We can get back there... Sean shares his ideas on what needs to happen next.See omnystudio.com/listener for privacy information.

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Day number 3.
All right, day 304.
You can do the math and add 13 to that, and that's how many days Joey uh promised he would not abandon Americans, and yes, he did.
Uh we're gonna get news tomorrow about what the Fed is gonna do with interest rates.
Now there's predictions out there all over Wall Street and banks are making their predictions that you know we might go up a half a point, but basis points, in other words, a half a point uh if interest rates are 4%, which are not or 5%, it'll be five and a half, or three quarters of a point rate increase to again cool the economy.
The impact on this economy is going to be deep.
It is going to be dramatic.
And the saddest part of this is you would think, okay, they already had two half-point increases, and now we're gonna have a third one.
And no, people like Goldman Sachs are predicting in the next two years 10, 11 rate increases.
So you might think interest rates are high because they were historically low.
Uh, these rates today are gonna look like uh uh fantastic rates probably a year or two years from now.
And the thing is what the what the experts are telling us is this is going to be a long, long haul.
You know, I saw a sad story today.
I think it was Fox 26 in Houston put out this report.
Ted Cruz was was quoted in it, and it talked about their consumer reporter, and with skyrocketing inflation, tanking stock market, uh, many retirees that thought that they thought they were good.
They thought they were safe.
You know, we've watched what happened to the stock market the last three days.
It's even down a couple of hundred today.
Not as bad as bleeding.
My prediction is wait till tomorrow.
I can only imagine what it's gonna be like tomorrow.
Uh the highest inflation in 41 years.
Gas prices now, what is it, five dollars and twelve cents a gallon, 18 consecutive days up, record high gas price after record high gas prices.
And now people, you know, I always talk about the who's getting hurt the most here?
Our fellow Americans, poor Americans, middle class Americans, people on fixed incomes, they're getting crushed.
Now you look at this story that I I picked up, Fox 26, skyrocketing inflation, tanking stock market, robust job market, which by the way, the job market's about to cool very quickly.
If you're looking for a job, do it now.
Humble advice from your friendly talk show host.
Anyway, the uh the labor department points out one and a half million retirees have gone back to work.
It's being called the unretirement trend.
And now, these are people that thought, okay, I've worked my whole life, I'm retiring, I'm 67, I'm 70 years old, whatever it is.
And I've got my social security, I got my life savings, I got my IRA, I got my retirement account, all most of which are tied to the stock market, which is now tanking.
And uh, I got all this, and and I'm good.
I you know what?
I can live a comfortable lifestyle, you know, uh as long as I live within my means.
Now they they're they have to now revisit and Recalculate every part of this.
And this is what is infuriating me.
Is you know, this is the party, the Democratic Party that that says that they care about working people.
They have a monopoly of compassion on the poor and the middle class and minorities.
No, because they don't.
Their policies are killing them.
Look, I played these tapes yesterday.
I'm going to play them again now.
And I'm telling you why.
Because if you care about the high cost of gasoline and the high cost of diesel, which you know, trucking companies have to pass the costs on to consumers.
The cost of production of goods, companies are getting creative.
So they don't want to raise prices.
So instead of getting 32 ounces of whatever drink you love, you're getting 28 or 27.
They're shrinking the size of their packages just so you they don't have to charge you more money.
I mean, and you can't blame them.
They're trying to make they have you've got to understand the position they are in.
They're not in business as a charity.
They're in business to make money to provide goods and services that we consumers want, need, and desire.
And they're doing their job.
They're happy with normal profit margins.
They want to they want a price point that makes it affordable so they can sell as much as possible.
So they want to be competitive.
And most of the businesses, most products have competitors out there.
But if you really want to, if you want to take a bite out of this 41-year high of inflation, if you really want to fix it, you gotta look at the energy part of this equation because that is at the heart of it, the single biggest blunder, and they've had a lot of them.
Afghanistan, the borders, I can go on and on.
It is the single biggest driver of high inflation in the country.
And Donald Trump knew it, and Biden doesn't care because he cares more about the climate alarmists in the religious cult that is the modern new Green Deal Democratic Socialist Party.
He doesn't care.
They see the pain that every American is going through.
The obvious answer would be to produce more energy...
Increase the world supply.
This is simple, basic, fundamental economics here.
You don't need an MIT degree, you don't need to go to Harvard Business School, Yale Business School.
It's it's simple supply and demand, crisscross and dictate the price.
Joe Biden, as president, made decisions about energy that are now it uh have put us all in a position economically where two-thirds of the country are barely making ends meet and living paycheck to paycheck.
Now, the thing that most people don't know, if you would lower the price, if you'd increase the supply, he artificially reduced the supply of energy because of climate alarmist religion, his cult.
So by redu well, you reduce the supply, and the net result of that is demand remains the same or or goes up.
Well, what's gonna happen to the price?
You don't need an economics degree to know the price is going to increase dramatically.
Now we're all feeling it.
Five dollars twelve cents on average a gallon of gasoline today.
Diesel is more.
Why is diesel important?
Because every truck that delivers all the goods to every store we shop at, they're now they're now paying twice what they were paying to fill up their their rigs and get these products to the store, so they've got to charge more for delivery, just like airlines have to charge more for flights because jet fuel is more expensive than ever.
That's why you see, you know, airline prices going sky high.
All of this is preventable.
But Joe Biden promised he would do this.
Listen to Joe Biden.
We don't stop fuel.
We're all dead.
Doing it with any subsidies for fossil fuels, number one.
Number two, holding them a liable for what they have done, particularly in those cases where your underserved neighborhoods and you you know the deal.
Okay.
And by the way, when they don't or in the deliberate, we'll put them in jail.
I want you to just take a look, okay?
You don't have to agree.
But I want you to look in my eyes.
I guarantee you, I guarantee you, we're going to end fossil fuel, and I am not going to cooperate around.
Okay.
Would there be any place for fossil fuels, including coal and fracking in a Biden administration?
No, we would we would work it out.
We would make sure it's eliminated.
Eliminate it.
Now, this came up in one of the debates, and Donald Trump called out Biden for saying the world's going to transition away from oil, the oil industry.
Listen to this exchange.
In other words, he told you everything he was going to do.
We should have listened.
Would he close down the oil industry?
Would you close down the oil?
Oh, transition.
It is a big statement.
I would stop.
Why would you do that?
Because the oil industry pollutes significantly.
I said here's the deal.
But it's a big statement.
Well, if you let me finish the statement, because it has to be replaced by renewable energy over time.
Over time.
And I'd stop giving to the oil industry.
I'd stop giving them federal subsidies.
You won't give federal subsidies to the to the gas, excuse me, to the to uh solar and wind.
Yeah.
Why are we giving it to oil industry?
We actually do give it to solar and wind.
That's maybe the biggest statement in terms of business.
That's the biggest statement.
Okay.
Because basically what he's saying is he is going to destroy the oil industry.
Will you remember that, Texas?
Okay.
Remember that Pennsylvania, Oklahoma.
He said it, they did it, and this is the position we're in.
And it gets worse.
Because now he's begging Iran and he's begging that murdering dictator thug in Venezuela, and he's going to meet with the Saudis and beg them so much for the principals over the Koshogi murder, right?
And he's begging OPEC.
OPEC finally decided to increase production because at 120 plus uh dollars a barrel of oil, they're making so much damn money, and they think we're idiots, and they're not they're not wrong.
Our leadership is full of idiots, and we're all paying the price for this.
Now, one last thing.
I want to play it again.
Because Donald Trump predicted exactly what would happen to the price of gasoline, just in case you forgot.
We have more oil than anybody, okay?
And it's uh an incredible thing that if it's happened over the last few years, a lot of great things, and you're paying what, two dollars a gallon for your gasoline?
That's okay.
You know what that's like?
That's like a tax cut.
That's bigger than a tax cut.
If Biden got in, you'd be paying $7, $8, $9, didn't they say, get rid of your car?
Yeah.
What did Joe Biden do when he got elected?
Exactly what he said he would do.
Killed off the Keystone XL pipeline.
The Alberta premier said it would be done by now.
And we every day would be importing $100,000 barrels of Canadian oil every day.
That would lower the price of gasoline.
That would help lower inflation.
That would prevent us maybe from begging Iran and Venezuela and OPEC to produce more.
He banned drilling in Anwar.
It's a vast wilderness.
We have so much in terms of oil natural resources there.
We can supply this country for hundreds, a hundred plus years.
Natural gas hundreds of years.
He restricted fracking.
He slowed down production with a slew of new regulations.
He curbed domestic production.
He's more than happy to beg all these other well, why is he want to make Iran rich again?
Why?
So they can continue the nuclear program and threaten us with real nuclear weapons?
Why are you helping Venezuela?
Why are you helping Saudi Arabia?
Why are you helping the OPEC nations when we have all the resources we'd ever need?
Why are you begging?
How is it different to the planet Earth if you if you drove for oil here or anywhere else in the world?
You keep high-paying career energy jobs.
It's good for national security not to beg others for the lifeblood of our economy.
Similarly, it will drive inflation down dramatically.
You increase the supply, it lowers the price.
That takes uh uh the uh that relieves all of us when we go to fill up our cars at the gas station.
You know, we pay less for diesel, that lowers the price of the products that are delivered to every store we go to.
It's simple, basic American common sense that I guess isn't so common anymore.
What's the definition of insanity?
Because that's what we're living through.
And so it compromises national security, eliminates high-paying career jobs.
It does nothing to increase the world's supply, except we're making every other country that hates us rich again.
I mean, it we could lower inflation, the greatest opportunity to lower inflation.
The greatest, the biggest hardship on American, the American people is inflation and the high cost of energy.
You can't heat and cool your home the way you want.
I mean, it is devastating.
The poor, the middle class, people on fixed incomes.
And the saddest part is not one of these idiots has had an enlightened moment to say, oh, maybe we should do it here.
Because the wind, the solar, you know, the clean energy that he wants to replace oil and gas with.
They don't have that technology yet.
So he's gonna import it.
We're still drilling for oil.
Mother Earth is still impacted.
And that's how dumb Democrats are.
And that's why this will be a wave election in November.
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Holding them accountable.
Sean gets the answers no longer.
No one else does.
America deserves to know the truth about Congress.
I had 25 to the top of the hour, 800-941-SHAWN, our number if you want to be a part of the program.
So Linda has been, let's say, gently reminding me by the hour, pretty much, that today is flag day, and she's a big fan.
I don't know the group myself.
I've only learned about it in the last day or two.
Uh it's flagpole of freedom.com as a website.
And it's I'll give you a minute.
Go ahead, talk about it.
You're obsessed with it.
Um, I love the idea that people have their flags up.
Um, you know, I don't know if I told you this, but sweet baby James and my sister uh for my house gave me a huge, big, beautiful flagpole with a light on it.
Let me tell you.
I mean, it's I should take a picture of it and tweet it out.
But I don't know.
It's beautiful.
It's it's well, you can send it to me and I'll tweet it out because you don't have access to your Twitter.
I don't have access to it.
That's true.
I'm happy I'm happy to do that for you if you send me a few.
But you know what?
I don't want to do it because you know I'm trying to be in undisclosed locations at all times because so many people want to kill me today.
But go ahead.
It's actually really sad.
So yeah, I I'm full full disclosure.
Um, these guys are fantastic.
I'm obsessed with what they're doing.
It's a project like none other.
It's the fly pole of Freedom Park.
It's in Columbia Falls, Maine.
Um, the plan is to have this amazing project up and running for the 250th birthday of our nation uh in 2026, July 4th.
It will fly.
This park will fly the world's largest flag.
It's bigger than a football field.
Um, it will be the world's largest, tallest flagpole.
It would stand higher than the Empire State Building.
And it has these remembrance walls that honor all 24 million U.S. veterans.
It's going to give thousands and thousands of jobs to a very impoverished area of Maine.
There'll be restaurants, shops, museums.
There's a hotel at the park, amazing cabins.
It's a place where you can go with your kids.
Um, and it's in a beautiful job.
Are you planning on going?
Oh, I'm gonna go.
I'm gonna be what's called a park founder.
So they have this awesome program where you contribute $11 a month, which is two cups of coffee for those of you who love it as much as I do.
Uh, and you pay $11 a month and you become a park founder.
And it's a limited availability.
There's not going to be a ton of openings to be a park founder, but we're trying to get this entire park built by Americans.
You know, something that we can be a part of history and look at our flag as something that is unifying us as a nation as opposed to the divisive way that many are trying to look at it.
You know, this has been something that has been, you know, the guys who stormed the beaches of Normandy, who's who put their flag down in Vietnam, you know, on the remains of those who perished in 911, you know, the flag has always been a symbol of hope.
Iwasima.
The flag on 9-11.
I mean, yeah, and what does it mean to you?
You know, I mean, what does it mean to so many people?
You know, it stands for the civil rights movement.
It stands for women's suffrage.
It stands for Oak Glory, it stands for all of the men and women who give their lives, you know, and and and pay that sacrifice by not being with their family, serving overseas, serving here at home, but also just illuminating our freedoms here that I think we take for granted every single day.
And for those of us right now who can't get baby formula, who can't get feminine hygiene products, who can't fill up their gas, who can't pay for their mortgage, you realize how scary it is.
So go to flagpole of freedom.com and check it out.
It's flagpole of freedom.com, okay?
And we'll put it up on Hannity.com.
I'll put a link up.
Yes.
Well, I think there already is one, as a matter of fact.
Yes.
Um, all right.
Um, I like the And you'll see it tonight on Hannity because you're gonna I can't guarantee I'm gonna visit, but I mean Oh, you're gonna visit.
We're gonna do shows there.
It's big enough.
I mean Oh, it's gonna be fantastic.
This is what I'm here for.
I'm here to make plans with you, Sean.
It's gonna be great.
We're gonna do it at the flagpole of freedom.
Everyone has control over my life with me.
Um, by the way, did just pass the Senate bill providing finally, and it took Nancy Pelosi Pelosi a month uh to uh security for Supreme Court Justice families.
Maybe now they should walk back their approval of doxing Supreme Court Justices homes, especially in light of the assassination plot to kill Justice Kavanaugh in light of the doxing of the School of Justice Amy Coney Barrett and the doxing of the church, quote, we're told she goes to every day, uh, which is like, okay, what do you want to tell somebody that's unhinged to go uh you know take out a Supreme Court justice?
It's really sick, and it's sick that it took so long for this to get passed, but pressure finally paid off.
Uh so the Dow Jones down again today.
I I don't have the number in front of me right now, but it's been down a couple of hundred points, you know, down nearly three thousand points in the past five days.
All the gains that came, remember Joe Biden was brave.
Well, look at the stock market under me.
Okay, well, the stock market under you is now right back to where you inherited it from Donald Trump.
And by the way, the stock market, the last guy's measure of everything.
Yeah, it's about 20% higher than it was when my predecessor was there.
Record after record after record on my watch.
Record after record after record, high gas prices.
18 days in a row.
And Joe's answer, he's gonna go to Saudi Arabia.
That's so embarrassing.
Uh I mean, you you can't screw up an economy more than this.
Now back to the, you know, now we have these retirees.
They thought they could retire.
And, you know, it's this woman they talk about this woman that works, her name is Karen Cooper.
She returned to work, she was retired.
And anyway, she's pointing out how all these retirees are facing life changes, challenges, because they're usually on a fixed income.
All right, now if you're paying on average six thousand dollars more per family because of Biden inflation, and if you drive your car, you know, an extra two grand plus uh a year in in gas prices.
Um, that's a lot of money.
She points out I I pay 80 bucks to fill up my tank.
The job now is supplemented my income.
My husband just passed away.
It's helped me in in a lot of different ways.
And she actually works helping other retirees find jobs as well as they're now, you know, in droves beginning to return to the workplace.
By the way, not where they want to be.
They retired for a reason.
They've already put in their 50 years of hard work.
You know, now they have to go get back into work.
And maybe they're gonna like it some of them, but a lot of them are not liking it because of the horrific economic and energy policies of Joe Biden.
You know, you got the Democrats, their media co-conspirators, you know, silent as you know, pregnancy centers, pro-life groups suffered, you know, repeated violent attacks.
This was in the Federals over the weekend.
I didn't see this.
A pregnancy center in Gresham, Oregon was set ablaze in an incendiary device thrown through a window.
That's a third case that I know of.
On Mother's Day, the Oregon Right to Life Office was set on fire with two Molotov cocktails.
The same day a pro-life group in Madison, Wisconsin also was targeted with a Molotov cocktail and vandalism reading.
If abortions aren't safe, then you aren't either.
Like, wow.
They're just a few of the 23 attacks carried out so far on pregnancy centers, churches, pro-life groups.
Since the draft of the Supreme Court Dobbs decision was leaked on May 2nd.
And then, of course, the approval of Democrats, okay.
No, no, no, no problem doxing the homes of Supreme Court justices.
In other bad news, Caterpillar, which is out of Illinois, they're now going to move their corporate headquarters from Illinois to Texas.
Why do you think they're leaving?
Why do you think Californians now for the first time in 170 years have had a net decrease in population?
Why is it 59% of people that live in New Jersey want to leave New Jersey?
59%.
Why is this why is there a mass exodus out of New York for the Carolinas and Tennessee and Florida?
The answers are obvious.
You know, Caterpillar announced that they're going to relocate from Deerfield, Illinois to an existing operation in Irvine, Texas.
Separately, Boeing announced in May that they're going to relocate headquarters from Chicago to Arlington, Virginia, though it will maintain some presence in the Wendy City.
They're leaving because they can't afford to stay there anymore.
It's a hostile environment for businesses.
Producer price inflation is now hit double digits, new numbers out for the third month in a row.
Just when you thought economic news couldn't get any worse, producer price inflation for May came out as of today, that it's producer price index.
It measures inflation at the wholesale level before it reaches you, the consumer.
Or before it even reaches you, it climbed 10.8%.
The reading, which is you know, near record high of 11.5% that we had in March, suggesting inflationary pressures uh on the economy.
Yep, they remain strong.
Overall, prices of goods jumped dramatically.
And again, last month, the fifth consecutive rise, the biggest contributor uh to the headline inflation figure.
We're all feeling it.
Mortgage applications fall to a 22-year low.
What does that mean?
Now we're gonna get a rate increase tomorrow, 0.5%, 0.75% basis points, whatever you want to call it.
But what does that mean?
Okay, new home building is gonna stop.
It's gonna come to a screeching halt because people are not going to be able to afford the home they otherwise would have been able to afford when interest rates were lower.
And whatever rate increase we get tomorrow, if you believe Goldman Sachs, there's still seven more, eight more that they're predicting is gonna come in the next two years.
But a 22-year low.
Now, what's gonna happen when interest rates go up?
Home sales, they're gonna stop dead in its tracks, except for probably states like Texas and uh Florida and Tennessee and the Carolinas, maybe not as they won't get hit as bad.
But when that happens, what's gonna happen?
Demand is gonna shrink.
People can't afford the the increase in price because of the rising interest rates.
That means existing home sales are gonna drop dramatically.
The Dow, you know, plunges, you know, nearly 3,000 points in a week.
Biden has lost total control of inflation, and he's also rightly lost the trust of the American people.
Doesn't know what the hell he's doing.
The announcement that they they're doubling down on dumb and dumber and stupid, which is let's go beg other countries to produce the oil that we have in abundance.
It's incredible.
And so more and more, you know, White House says Americans are well positioned to face these challenges because of economic historic gains.
All the gains that you made are gone, Joe.
People can't afford what they're even what they were used to paying at the grocery store.
They can't afford the same items.
What part of this are you guys not getting?
But no, climate alarmism.
Their religious cult comes first.
Biden used to brag about how well the stock stock market's doing under him.
Yep, all the gains gone.
Triple A, gas prices keep creeping up.
You know, Biden to meet with the crown prince.
Now, is he gonna is he gonna bring up the Koshogi issue?
How much do you want to bet that big tough guy, I'll take you behind the barn and beat the crap out of you or garage and beat the crap out of you, Biden, is not going to bring up Koshoge, which he brought up in the campaign.
He's gonna be on his hands and knees basically pleading and begging for help because God forbid we produce our own oil and gas here.
That will only piss off his radical climate alarmist religious cult base, new Green Deal base.
Even Larry Summers, he is warning the risk of recession next year.
So far, he's been right in every prediction, in case you're taking notes.
And that's Obama's economic advisor.
Uh the thing that they should do is immediately start production, go back to the Trump energy independence policies.
In other words, you got to go backwards.
And everything Joe did when he got into office, he needs to re do a reversal.
In other words, bring back the Keystone XL pipeline.
Uh, stop the ban on drilling in Anwar, lift that ban.
You need to stop the pause on all new gas and oil permits on federal lands.
Uh, you need to stop your restrictions on fracking, and you need to stop the slowdown of production of with all these regulations you put in place.
That's what they need to do, but that's what they're not going to do.
Because their religious cult, their indoctrination tells them we're gonna get green new energy, you know, uh, efficiency and energy independence with renewables.
Well, what are they?
Where are they?
So in the short term, we're all gonna suffer.
You want smart political talk without the meltdowns?
We got you.
Now I'm Carol Markovich.
And I'm Mary Catherine Hamm.
We've been around the block in media and we're doing things differently.
Normally is about real conversations, thoughtful, try to be funny, grounded, and no panic.
We'll keep you informed and entertained without ruining your day.
Join us every Tuesday and Thursday, normally on the iHeartRadio app Apple Podcasts, or wherever you get your podcasts.
I'm Ben Ferguson.
And I'm Ted Cruz.
Three times a week, we do our podcast, Verdict with Ted Cruz.
Nationwide, we have millions of listeners.
Every Monday, Wednesday, and Friday, we break down the news and bring you behind the scenes inside the White House, inside the Senate, inside the United States Supreme Court.
And we cover the stories that you're not getting anywhere else.
We arm you with the facts to be able to know and advocate for the truth with your friends and family.
So down a verdict with Ted Cruz now, wherever you get your podcasts.
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