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June 16, 2022 - Sean Hannity Show
33:48
Newt on 2024 - June 15th, Hour 3
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We'll talk to former Speaker of the House, Newt Gingrich, in just a second.
He's got an incredible idea for Republicans for the midterms.
We've been reading now all these Democratic outlets.
They finally have caught up with us.
I played earlier in the program, fake news, CNN's liberal host, Don Lemon.
Even he is questioning the White House press secretary, Karine Jean-Pierre, about the physical and mental health of Joe Biden.
I've told you we've been right the whole time.
I've told you they know, but they just have been unwilling to get there.
The New York Times big piece saying, citing, what, 50-plus Democrats not wanting Joe to run in 2024.
Joe Biden responds by saying his plan is to run for re-election in 2024.
Listen.
Then on a related note, have you decided whether you are going to run for re-election in 2024?
You haven't set up a re-election campaign yet, as your predecessor had by this time.
My predecessor need to.
My predecessor.
Oh, God, I miss him.
Have you?
Oh, an answer is yes.
My plan is to run for re-election.
That's my expectation.
All right.
So there's Joey.
He's making his plans.
Anyway, former Speaker of the House, Newt Gingrich, is with us.
Maybe it's we're not as smart as Joe.
Maybe, maybe these high gas prices are really, really good.
We just don't appreciate the goodness of them.
And paying more for everything we buy, we don't appreciate all of the hard work that goes in behind the scenes to bring those products to market.
And we should be appreciative to pay high prices.
Look, I think if you're a left-winger, if you're part of the big government socialist crowd, you like all these high prices because you're going to bankrupt people and you're going to force them into dependence on the government.
And you're going to get the kind of government-run bureaucratic world you believe in.
If you look into John Kerry and others, they have no concern about how much pain they're causing the American people because it fits their grand vision of the kind of government-dominated society they want to build.
You know, I've said we should have called it Build Back Poorer, and for the whole country, Build Back Broke, because that's what they're doing.
Now, I mean, Biden, I think, one, has to say something.
So you have to understand, in his position, he's not allowed to change his policies.
He probably doesn't want to change his policies.
And yet, you know, people are now coming in and telling him, this is a disaster.
So he goes and he yells about it.
But the fact is, we, as you know, at AmericanMajorityProject.com, we list all of our polling data.
Everybody can see what we're doing.
And we went out and asked the American people, do you think that we have to restore the America that works?
87% of the country said yes.
Now, that means 87% is stipulating that it ain't working.
You know, if you can't find an infant formula, it ain't working.
If you can't afford to pay for the gasoline or diesel fuel or heating oil, it ain't working.
If you're starting to get blackouts in places like California, remember, you can't have electric cars if you don't have any electricity, so it ain't working.
If you're concerned about getting murdered, raped, mugged, carjacked, or robbed, it ain't working.
And I think that this is a huge problem for the Democratic Party.
There was a 38-point swing away from the Democrats towards the Republicans in one county in South Texas in the special election yesterday.
38 points.
I mean, if I were the Democrats and I was looking at those kind of numbers, and that's in almost entirely Hispanic county, I'd begin to think that they may be seeing the greatest catastrophe for their party since 1920.
You know, you share with me a lot of your newsletter and your writings, and you wrote something that really stuck with me.
And I think something, a window of opportunity is happening where we could have a reconfiguration of the two main parties in this country.
There's an opportunity.
Now, we see Joe Biden's poll numbers, you know, in the low 30s in many cases.
Real clear politics had him at, what, 38% as an average, and that included very high outlier polls that favor him, which are total BS.
But I mean, 38%, real clear politics average is not good for any president.
And what you're talking about is a new American majority.
Now, when you look at the demographics and you look at Hispanic Americans, you mentioned the 34th District of Texas and what happened last night.
When you talk about African Americans, and Joe has lost a significant percentage of the vote with African Americans, and you look at young people, they're leaving Biden in droves, and you look at women and their voting patterns, they're getting angry every time they go to any store they go to and every time they fill up their gas tank.
There seems to be an opportunity for the emergence of a common sense party.
And forget that R, forget the D stuff, that one that will actually implement policies that work for the American people.
And that would have to include lower taxes and energy independence and secure borders, you know, just the basic fundamentals.
It would have to include law and order and safety and security so people pursue happiness.
It would have to include getting rid of this unholy alliance with teachers, unions, and Democrats and offer school choice to parents that are in school districts that are not doing a very good job educating their kids.
I think there's a huge window of opportunity here for a new coalition to be built.
I think that's right.
And part of what I've been emphasizing, and all of this is available, if people want to go to Gingrich 360, where as you know, I do three free newsletters every week and I do three free audios or audio tapes every week.
And my new report on a new American majority and on the 87% who want to restore the America that works, that's going to be a podcast, I think, this coming week.
And the fact is, if Republicans will, in a sense, do what Reagan used to do.
Reagan always said to my fellow Republicans and those independents and Democrats who share our values.
Well, if you're saying, I want America to work again, You have potentially almost nine out of every 10 Americans nodding yes.
Now, that is so much bigger.
I mean, this could be the end of the Rooseveltian domination of American politics because it could lead to a profound focus on changing the bureaucracies until it works, as you point out with the teachers.
I just did a podcast that was very, very encouraging with Betsy DeVos, the former Secretary of Education.
And she's come up with a term which I really found fascinating, which is talking about education freedom, not school choice, but all the different ways from homeschooling to online learning to apprenticeships, the freedom to learn the most effective way for you.
And I just thought she's really on to a huge idea.
And the fight's going to come down to the left-wing teachers' union desire to do two things, indoctrinate your children into weird ideas and protect the most mediocre and incompetent teachers.
And those two things are killing the ability to educate young people.
You're dead on accurate, and I think you played a big part in the gubernatorial race in the Commonwealth of Virginia.
You were, Speaker, you were elected, and I was your MC.
I was very honored to do it in 1994, the night you became Speaker, and it was a wave election year.
The Federal Reserve raised their benchmark interest rate points three-quarters of a percentage point, its most aggressive hike since the year you became Speaker, 1994.
Now, when you break it down even further, it gets, in my mind, even more interesting.
And that is that, for example, if you look at the interest rates yesterday for a 30-year fixed loan was 6.35%, something to that effect.
If you purchased a home at $400,000 and your interest rate was 3 and 3 quarters percent over 30 years, you'd be paying $3,200 a month, okay?
And if you do it now under this rate, you're going to be paying a hell of a lot more.
And I'm sorry, I got it wrong.
Your monthly payment under the 3.75 interest rate would be $1,981.
Now it's $6.75, it's $2,537.
After today's rate hike, we're going to be above 7% for a 30-year loan.
So that's probably now almost double what people were paying.
So that, to me, will result in a new home construction ending.
That will result in sales of existing homes declining.
Home values will decline.
That's people's biggest investment usually.
The contracting business is going to dry up, and it's going to be an unmitigated disaster.
I don't see any soft landing here.
Do you?
No, because they're going to follow exactly the wrong policies.
I was very encouraged, by the way, that the Republican Study Committee, I'm going to write a newsletter about this.
They just issued a report calling for balancing the budget in seven years, which is exactly what we did when I was Speaker, as you know, because you were there.
The only four consecutive balanced budgets for the federal government, literally in your lifetime, were the four that we did.
And I think that we've got to get back to that.
When you get to that, interest rates come down, the economy starts growing.
And of course, if you balance the budget the right way, you cut out so much of the bureaucracy and so much of the regulation and so much of the red tape.
You have an explosion of entrepreneurial energy.
You create new wealth.
This is why the supply side, which is let's grow a bigger economy, let's grow more goods and services, that mops up the inflation without pain.
The demand side, which is I'm going to crush you.
And then when you can't afford to do anything, the inflation will go away because you can't buy anything.
That is so painful.
And that's exactly where Biden is going, just as that's exactly where Jimmy Carter went.
And the country's just going to rebel over it.
I mean, that's why the Democrats are, as it sinks in for the next few months, the number of different things that aren't working in a Republican Party.
I agree with you entirely.
The Republican Party just has to do two simple things.
Commit itself to a common sense, making sure everything's working.
And I think Kevin McCarthy's seven working groups are a big step in the right direction.
I've worked with a number of them.
I think they get it.
And I think McCarthy is going to be the next speaker.
At the same time, you've got to reach out to everybody.
We just saw this in South Texas.
I mean, when you have a county which has a 38-point swing from the Democrats and Republicans, don't tell me that you can define who's going to win and lose this fall.
Because you get that kind of swing across the country.
You're going to have people losing who have no idea they're in trouble until the day after the election.
But wasn't the canary in the coal mine?
Wasn't it Glenn Yunken?
Wasn't it the near upset New Jersey?
Nobody was paying attention to it.
Had people paid attention to it, it probably would have switched hands, the governor's race there.
And yeah, we would have won the governor's race with just a tiny bit of belief.
But I'll tell you, the real canary to me that election is Ed Dunn Jr., who, as you know, is an independent trucker, filed to get a concealed carry permit, got pinned down, even though he's perfectly okay, runs against a state Senate president who had won four years ago a $17 million campaign, the most expensive in the country.
Ed Dunn Jr.
spends $2,300, most of it at Duncan Donuts, taking care of his volunteers.
$2,300.
What happened, of course, is people walked in.
They didn't have a clue who Ed Dunn Jr.
was, but they knew who the state Senate president was.
And they said, not him.
And he got beaten.
I think that's the real example of the kind of canary in the coal mine we're going to see.
I think Texas was another.
I think Glenn Young was another.
And by the way, Yunkin has done all the right things.
You look at the number of companies, including Boeing, that are moving into Virginia.
You look at the number of new jobs that are being created.
You look at the tax cuts he's fighting for.
You look at the reform of the school system he's undertaking.
I mean, Yunkin's the real deal.
All right, quick break.
More with former Speaker of the House, Newt Gingrich.
If you want to join us on the other side of this, we'll get to your calls, 800-941-Sean.
Our number as we continue.
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Forward, Speaker of the House, Newt Gingrich, as we continue.
Mr. Speaker, we always appreciate your insight, your help, and this is going to be a fascinating midterm election.
I'll tell you that.
It is.
And I should, I have to say on the way out, remember that in about another week we have Defeating Big Government Socialism, maybe in some ways the most important book I ever wrote because it relates exactly to what this campaign is all about.
Well, Mr. Speaker, don't forget about our friend in your old district running, and I am totally, completely on board with his runoff.
When is the runoff?
Runoff, I think, is next week, and Jake Evans is a wonderful candidate, would be a great congressman, and I've done everything I can, and I know you feel the same way that this is the kind of courageous young man who can make a big, big difference.
It's going to be a very low turnout election, so I hope everybody who's for Jake Evans will get up and vote that day.
I second your motion.
Mr. Speaker, thank you for being with us.
Newt Gingrich, by the way, he has a new book coming out very soon, and when he does, we're going to bring it to you.
It's called Defeating Big Government Socialism and Saving America's Future.
It's coming out in July, and we'll have the speaker on when it's released.
All right, by the way, Newt will be on Talk Shop Live.
That's going to be Monday, June the 20th, 6 p.m. Eastern, and we'll be offering autographed copies of his brand new book, Defeating Big Government Socialism, Saving America's Future.
All you have to do is go to talkshoplive.com.
Go to their homepage right now and find his book there, or just search Newt, and you can get the book, and he'll be live Monday on Talk Shop Live at 6 p.m. Eastern on the homepage.
You don't want to miss it.
Quick break right back.
Your calls on the other side.
Straight ahead.
Old inspired
solutions for America.
This is the Sean Hannity Show.
25 to the top of the hour.
We'll get to your calls in a second here.
You know, I keep thinking back about Biden yesterday, and he's out there, and he's literally so delusional.
We're changing people's lives.
He's screaming.
I guess that's his new method of not having all the brain farts that he's always having.
But anyway, well, he is changing lives for the worse.
His policies are impacting every single solitary American.
Disproportionately, it's just crushing poor middle-class Americans, people on fixed incomes.
So as Biden, delusional as he is, we're changing lives.
Oh, you're changing lives for the worst.
Listen.
I don't want to hear any more of these lies about reckless spending.
We're changing people's lives.
Put this inflation in context.
How bad is the surge in prices?
It's awful.
I mean, it's awful.
And how people feel about it is even worse.
Inflation nation.
Americans are paying significantly more for basics such as food, fuel, and rent.
I basically just got struggle, food, and some popsicles.
The consumer price index rose 8.6% in May to a new 40-year high.
Brand new inflation numbers just in.
Senior Chief Business Correspondent Christine Rome is here.
What do they say?
Cruel summer, record high gas prices at play in these numbers, 8.6% year-over-year inflation.
That is, again, the highest since 1981.
When you look at the core rate or the month over month, it's 1% there.
But 8.6%, that's really a tough number to swallow here.
And in terms of why are consumers feeling this bad?
Well, it's pretty clear why they're feeling this bad.
And that is because the Consumer Price Index is the worst it's ever been in a midterm cycle since 74.
It's the worst it's been in any presidential cycle or midterm cycle since 1980.
So it's not much of a surprise.
You can see it.
It's literally off the charts.
I don't want to hear any more of these lies about reckless spending.
We're changing people's lives.
How can you be that out of touch with reality?
Anyway, Tony's in Texas.
Tony, how are you?
Thanks for your patience.
Glad you called, sir.
Oh, Mr. Hannity, I'm sorry.
I was outside for just a moment.
I'm back in my life.
No worries.
Let not your heart be troubled.
What's on your mind today?
I know that's one of your catchphrases, and that's why I'm calling.
My heart is troubled, sir.
I listen to you and Mr. Gingrich.
I listen to you and Mr. O'Reilly.
And their talk about the wave election that's coming.
There's going to be a change.
You know, elections have consequences, all of this and that.
I am at a point in my life where I am convinced that it's not going to make one bit of difference who's in power anymore, even after this coming election, because the fourth branch of government that is not in the Constitution has taken control of our lives, our economy, and our future.
And for the first time in my 61 years, I'm worried about our country's future.
I'm grateful.
I have hope in a God who's just and faithful, but I'm telling you, I don't have faith that our country isn't lost already.
And I guess I'm asking you, you know, I had the honor of talking to Rush Limbaugh one time, and I was grateful for that.
I miss him to listen on the radio, but I look to you and people look to you for encouragement that, hey, there may actually be some hope out there.
But Sean, I don't know.
Let me give you some hope, okay?
And I can't do it as well as Rush.
And you're right.
We miss him.
You know, he was the goat of our business, no doubt about it.
Greatest of all time.
And nobody can replace him.
I said that at the time.
I believe that.
I believed it then.
I believe it now.
And we could certainly use his positive voice.
Here is the upside.
Now, put aside the personality issues that the media mob, the lies, the conspiracy theories, the drama when Donald Trump was president, a lot of it based on outright lies.
And we played a very big part on this program of exposing those lies.
Everything we reported turned out to be right in terms of Trump, Russia, collusion, et cetera.
All right, put that aside too.
But if you look at the Trump years, look at where we were.
Look at we had prior to COVID.
What did we have?
Record low after record low after record low unemployment for every demographic group in this country.
Donald Trump literally, in the course of four years, brought this country and for the first time in 75 years, made us energy independent.
Donald Trump forced Mexico to adopt the stay of Mexico policy.
He built 500 miles of wall.
He secured our border, was almost done.
We can still finish that job.
He set out to have free and fair trade deals.
He got it with Canada.
He got it with Mexico.
He got it with Japan.
He even got it with China and put tariffs on certain products because the communist Chinese were not playing fair and Joe wants to lift them.
We also know that on national security issues, he took out Baghdadi and associates.
He took out Soleimani.
He took out the al-Qaeda leader in Yemen.
And he made every step to properly get out of Afghanistan.
And it wouldn't have been a disaster if he had been reelected.
I'm not so sure that he made NATO pay their fair share.
He made Western European countries and allies.
He challenged them on the stupidity of being reliant on Russia for the lifeblood of their economy.
He was right on so many things.
He predicted this would all happen in these debates, which is why I've been going back and playing the exchanges between him and Biden and the comments of Biden on energy that he promised he was going to get rid of domestic oil production.
And here we are at $5 plus a gallon.
My point to you is all of these problems that we're facing, every one of them, I argue, was preventable.
If you want to fix the border problem, go back to the Trump policies.
You want to drive down the price of gasoline, become energy independent again.
And I'd take it a step further.
We have 200 years plus of natural gas.
I would figure out a way that we become the main supplier of our Western European allies so they're not relying on Vladimir Putin and Russia.
We could make a fortune.
It would be good for our national security.
We don't have to worry so much about the Straits of Hormuz or do deals with Venezuela or the Saudis or OPEC nations or Iran.
So all of these things happen, and we were respected on the world stage.
There was a genuine fear of Donald Trump that he meant what he said and that it kept all of these bad actors in check.
So if we did it, and it was only a year and a half ago, wasn't that long ago, if we did it once, we can do it again.
Reagan did it in his presidency.
Donald Trump did it in his presidency.
And what do I always say, Tony?
I say conservatism is pretty simple.
I can explain it in a minute.
I won't repeat it here.
I said it earlier in the program.
But every time we apply those principles, it's not about being a Republican.
I'm not a Republican.
I'm a conservative.
We live in the greatest country on earth.
Will it take a year or two to get things back in shape?
Yeah.
But it all starts in November.
If the Republicans take the House and Senate, they can now lay the foundation and pass every bill that would reverse all of the damaging policies of Joe Biden and the climate alarmist cult, new Green Deal socialists.
We can do that.
And then if we elect a Republican president, Trump, I don't know if he's running, if he runs, if he wins again, he'll just implement every policy he had.
I would assume the frontrunners like DeSantis or Pompeo or whoever it happens to be, if they implement those policies, they'll work.
So in the short term, I really don't have a lot of hope.
If you really want my honest opinion, I think things are going to get dramatically worse.
I don't think this rate hike is going to be the panacea to the inflation problem we have.
I think the fundamentals of the economy are rooted in such ignorant stupidity that unless they're willing to change course and return to Trump's policies, well, we're going to get the same result.
If we refuse to be energy independent, we're going to continue to pay around $5 a gallon more, maybe a little less, but a little more.
I don't know.
You know, prices, inflation, it's not going away anytime soon.
And it's going to have a ripple effect on the economy.
Look, this rate hike today, you've asked a very serious and very important question.
So I want to give you a comprehensive answer.
This rate hike today, this is now the third rate hike.
We had two half-point increases or 0.50 basis points.
We had 0.75 today.
We had one quarter 0.1.
All right, so now we're looking at two full basis points increase, and we're expecting six to eight more interest rate hikes.
Yesterday, before this recent increase by the Fed in interest rates, a 30-year mortgage is 6.3, what, 5%?
Now we're going to be over 7%.
Okay, that's going to stop new home construction right in its tracks.
That's going to crush contractors all across the country.
I worked 10 years in the contracting business.
It's not going to be easy for them.
Then we're going to have sales of existing homes are going to stop as well because you're not going to have as many customers because the higher interest rates, you know, may mean $1,000 more dollars a month so less people will be able to afford these homes.
And that means the price of your home, you know, people have probably been bragging, oh, my house is worth X much more than what I paid for it.
Well, watch that price valuation go down dramatically.
That's going to happen as well.
When does it end?
How does it end?
I don't know.
I think it ends with a reversal of policy.
And I don't see it happening with them.
So the short-term answer is unless they change, and I don't think they will, we're stuck with them.
And even with the Republican House and Senate, which is very vital, then we can set forth the path that if we get a Republican president, we can fix it all.
Is that some hope?
I understand everything you're saying, but we're looking at two and a half more years of the Biden administration being in the executive branch, which runs all of these bureaucracies.
And every day they're putting in new regulations that are socialist and anti-American.
And I don't see that being able to be fixed unless there's some people in Congress and in the Senate and some people in leadership who are willing to say and have the cojones to go ahead and say we're cutting these programs.
I hope our next president will go ahead and not only cut slash programs, but eliminate some of these departments.
I Google searched trying to find out how many agencies there are in the federal government.
No one really knows.
It's anywhere from 400 to 4,000.
It's out of control.
They run our lives.
They were never elected.
They were never appointed.
And they are not accountable to anyone.
Well, they got to be held accountable.
You're right.
You're talking about unelected bureaucrats.
They're not held accountable.
But I will tell you, Congress is going to change.
Every indicator out there tells me every gut instinct I've had doing this 35 years, if you can believe it, radio.
That's how long my radio journey has been and 26 and a half years on Fox.
And by the way, I've got a lot more to go.
You know what?
These are historical times we're living in.
And I really am focused on one thing, and that's where you're focused.
I want this country to be the greatest it can be.
We can be a great country.
We're not a perfect country.
We are a great people.
The people of this country are amazing.
Farmers should not have to pay exorbitant prices for seeds and for fertilizer.
Truckers ought not have to struggle to put diesel in their trucks and then unfortunately pass the cost increase on to their consumers, wholesale, wherever they're dropping their goods off at.
And then that's passed on to us.
They don't want to do that.
But they have to make a living as well.
They've got mortgages to pay, rent to pay, car payments like everybody else, insurance that they have to pay for.
So all of this is fixable.
All of it was preventable.
And now we have to do our part.
Now, that would include getting every state legislature to adopt integrity election measures.
I've said that over and over again.
I won't list them now.
And that would mean to get out in November, in force, and make this a wave election.
And every candidate needs to go to every single person in their district, their state, wherever they're running, and they need to ask people for their vote so that we can turn this ship around before it hits the iceberg completely.
I hope that helps you with a little bit of hope.
In the short term, I can't give you any.
In the long term, I am hopeful.
I do believe that God bless this country.
I believe it with all my heart.
I do believe with all my heart.
It is the greatest country God gave man.
And as Reagan said, freedom is but one generation away from extinction.
And I'm saying, Tony, not on our watch.
I appreciate the call, my friend.
God bless you.
All right, Annity, tonight, 9 Eastern on the Fox News channel.
All right, newly elected congresswoman from Texas's 34th district, Myra Flores, a 38-point swing.
Whoa.
Anyway, Senator Ted Cruz, Piers Morgan tonight, Dr. Roz, Kellyanne Conway, Mark Meadows, news, I promise you won't get from the media mob.
How bad will this interest rate hike impact the economy?
We'll get into that.
News you won't get elsewhere.
9 Eastern, Fox News.
See you tonight.
Back here tomorrow.
Thank you for making this show possible.
You want smart political talk without the meltdowns?
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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.
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