Sean Hannity Show - US Can't Wait Until November - September 13th, Hour 1

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Sept. 14, 2022 - Sean Hannity Show

26:08

US Can't Wait Until November - September 13th, Hour 1

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	This is an iHeart Podcast.
	I glad you're with us.
	Yeah, I'm watching all the news coverage.
	The Queen's coffin has arrived at Buckingham Palace.
	Do you realize, Linda, do you know this?
	The funeral is not until next Monday.
	I mean, at what point?
	I mean, God rest our soul, nothing bad to say about the woman.
	But this is the longest process.
	And I I just when it's over, it's over.
	Have a party, celebrate an undeserved life, and and tell funny stories about the person, play their favorite music, and go home.
	But we need to give the left-wing media enough time to bash her while she's dead and can't defend herself.
	And then all that.
	Yeah, that's true.
	You know, we gotta make sure we fit all that in.
	You know, they need a lot of time.
	They want to fill up their, you know, B and C blocks of TV, bashing someone from a time and place and a monarchy they don't understand.
	But hey, you know, it's nuts.
	All right, let me get to the news of the day.
	Uh bad news on the economy.
	It's not a shock.
	Inflation for August, quote, worse than expected.
	Well, you know, let's go back to last month when the inflation numbers again at another 40 year high.
	It went up from last month again, and even with the price of gasoline going down.
	And but Joe and Kamlo were saying zero inflation.
	Zero.
	They lied.
	Listen.
	The president, in my vision for the future, also means lowering costs for Americans.
	Today we learned that last month our economy had zero percent inflation.
	I just want to say a number.
	Zero.
	Today we received news that our economy had zero percent inflation in the month of July.
	Zero percent?
	What are they talking about?
	It was eight point one percent.
	Inflation rose this month, uh, even as the cost of gas fell.
	By the way, that's all artificial, too.
	They're releasing today eight point four million barrels of oil from our strategic petroleum reserves, and they're doing this purposefully, 56 days out of an election to increase the world supply of oil uh to create a false perception that gas prices are really, really coming down and and this is gonna fix it.
	Well, here's the problem with Joe's plan is he's compromising our national security.
	It's at a th our strategic petroleum reserves are now at a 38-year low.
	I'll get into that in a minute.
	Anyway, labor department points out that the consumer price index, the broad measure of the price of everyday goods, including gas, groceries rents, uh up to 8.3%.
	Uh figure higher from uh the headline that they had expected.
	They thought it was going to be 8.1%.
	As a result, the stock market has been down.
	Well, now it's down about 1,100 points as we speak, uh, acting negatively.
	Uh so it's higher than the the figures that they had thought.
	So-called core prices, which strip out more volatile measurements like food and energy climbed 6.3% from the previous year above the 6.1% forecast from economists, and also core prices rose more than expected on a monthly basis, and we have scorching hot inflation in spite of all of these rate hikes by the Fed.
	We expect another 75 basis point increase in interest rates.
	Some of you don't know what high interest rates are like.
	I I'm I'm old enough to remember double-digit, you know, interest rates and these these kind of inflation numbers.
	Um, and as of now, with today's 8.3% rise in the consumer price index, inflation now has been above eight percent since March of this year.
	That's six straight months.
	It's only transitory, transitory, transitory, transitory, transitory.
	Uh, to reduce inflation down to the benchmark target of two percent, the Federal Reserve has now already implemented four interest rate hikes this year alone.
	I told you at the beginning of the year, we can expect as many as eight interest rate hikes, uh including two consecutive uh 75 basis point hikes in June and July.
	I expect another one for August.
	Nothing that they're doing is working.
	Inflation topped 8% for the first time this year in March, and when it went from 7.9% in February to 8.5%.
	In April, it ticked down to 8.3%, back to 8.6%.
	June was 9.1%, and here we are uh at 8.3%.
	In other words, the Fed has hiked interest rates over two full percentage points.
	It's now about to be three percentage points in the last six months, and the impact has been negligible.
	Even CNBC said this this month's inflation report serves as a gut punch to anyone who's been hoping that inflation would come down substantially, according to a senior analyst Mark Hamrick.
	The implication is the Federal Reserve has to remain aggressive with interest rate hikes.
	It's widely expected the Fed will implement another rate hike of 0.75%.
	Now it's also impacting the housing market as I told you it would, and new home construction is coming to a streaky uh screeching halt.
	Sales of pre-existing homes will stop.
	Home values will now plummet.
	We already now have lost in the second quarter in terms of American wealth, money that people thought they had in the stock market in their 401ks and their IRAs in their homes in terms of equity over six what?
	Billion dollars they've lost thanks to Joe's horrific policies.
	And just as a side note, when you hear the 8.3% inflation number, most of us put that in the context of the nightmare of double digit inflation in the 80s, which at one point hit 13%.
	What most people don't realize is the Bureau of Labor Labor Statistics, they have now changed twice the way they uh calculate inflation over the years.
	If we use the same methodology that they used in the Carter years and post Carter years in the early 80s, uh, and if we use those calculations today, today's 8.3% inflation rate would actually be over 16%.
	The labor department made major changes to their inflation methodology twice, and both times they lowered the actual inflation number.
	After the 80s inflation shock, the first major tick change took place in 1987.
	If you apply the post-1987 methodology to today's 8.3% inflation rate, it would be a staggering 12%.
	Either way, record highs.
	Great job, Joey.
	The Bureau of Labor Statistics now made another change to how they calculated CPI in 1998, and that's how we got from what would be a 16% inflation rate under the 1980s methodology to today's much less scary sounding 8.3%.
	But if the government used the numbers that they used in, you know, in the eighties, well, today would be twice as bad.
	Everyone have that?
	You'll be quizzed after the show.
	But look, the real threat to the the to our, you know, well, you want to talk about a threat to democracy?
	Joe Biden's taking a wrecking ball and destroying the American dream.
	You know who gets hurt the most by inflation?
	Biden's inflation?
	The poor, the middle class, people on fixed incomes.
	You know, it's costing the average couple that in a two-family household, if they have kids, on average six thousand eight hundred dollars more this year because of Biden inflation.
	If you drive a car, you're paying anywhere between eighteen hundred and two thousand dollars more a year just to put gas in your car.
	You want to talk about an existential threat to our survival?
	Yeah, it's these horrific, stupid, idiotic economic and energy policies.
	You know, Joe says America's facing the threat to its very survival.
	Okay, two-thirds of Americans now living paycheck to paycheck.
	Many can't make it.
	And, you know, the Democrats claim they have this monopoly on the middle class and the poor people, the minorities in America, they're all getting hurt the most because of these policies.
	They did the best under Donald Trump pre-COVID.
	But it's unbelievable.
	You know, look at what's happened to this country.
	This is only 19 months of this wrecking crew, this climate alarmist cultism.
	We abandon energy independence, the lifeblood of the world's economy, and we start begging Iran, Venezuela, Saudi Arabia, and OPEC to increase their production when we have more natural resources Than all of them combined.
	We don't need their energy.
	We'd create high paying jobs.
	We'd increase the world supply of energy, which would mean prices would automatically go down.
	It would also be lower for Americans.
	We could do it cleaner.
	We'd do it faster, and we do it cheaper.
	And then we could even become energy dominant, become rich like they're becoming rich, and supply our Western European allies that are now going to be spending 30% of their household income just to heat their homes this winter.
	They expect people are going to be dying in Europe this winter because they can't heat their home.
	Now our standard of living is crumbling right before our eyes.
	It's now been above 8%, as I said, for at least what, six months in a row.
	Our Federal Reserve, 6.1 trillion of America's household wealth disappearing in the last quarter.
	Tens of millions of Americans now dramatically poorer than they were two years ago.
	Biden single-handedly has destroyed energy independence.
	We're pumping the least amount of oil on federal lands since the days of Harry Truman.
	You know, it's uh meanwhile, our enemies around the world are getting rich by charging outrageous record prices for the lifeblood of the world's economy.
	Add to that crime is out of control in every town and city across America due to this D fund dismantle no bail madness.
	National homicide rate is up 30% in big cities and blue states, it's up as high as like 60% in cities like Philadelphia.
	Rape, smash and grab robberies, assaults, carjackings, kidnappings, all manners of violence up across the board.
	Great job, Joey.
	And while Democrats throw billions of our tax dollars at their green energy boondoggles and lecture us that we've got to get, like Pete Buda judge, we we've we've got to be getting uh electric vehicles sooner to the market.
	Um, you know, for climate change purposes, we've got to do it fast.
	That's 20 grand more.
	You rape and pillage Mother Earth for the minerals of manganese and nickel and you know, cobalt and all these other minerals, and you use big heavy equipment that uses fossil fuels uh to get these minerals from the earth.
	And then, of course, the electric grid is 88, 90 percent fossil fuels anyway.
	That's how you charge your electric vehicle.
	A lot of sense that makes.
	After 20 years of sacrifice in American blood and treasure, we get chased out of Afghanistan, add that to the mix.
	Thousands of Americans abandoned behind enemy lines, thirteen American heroes killed at Kabul Airport.
	You know, once Vladimir Putin saw America refuse to lift a finger and rescue its own citizens.
	Yeah, look what we get as a result war in Ukraine.
	It's unbelievable.
	Now we're gonna the next thing probably that will come up is the reunification of China and Taiwan, meaning China taking over Taiwan.
	For our European allies, energy prices are up 1,500% because that hostile actor, Vladimir Putin, has turned off the spigot.
	I've warned about this for years.
	We should go back years in this program and talk about the many times I warned that this is a bad idea for Western Europe to do it.
	Now, it would be an opportunity if we had a president that understood the amount of resources we have.
	America would become the most energy dominant country in the world.
	And we could literally help our allies out dramatically and make a fortune doing it and create high-paying jobs, and that would eliminate your inflation problem.
	But for whatever reason, no, well, we're gonna we're just gonna leave it as it is.
	It's okay to import oil from countries that hate us, but we can't produce it domestically.
	Nobody's ever given me an answer of why that makes any sense.
	Because it doesn't.
	All right, all these data breaches keep coming.
	This one is regional, but it includes social security numbers.
	I'm talking about Nell Net servicing.
	It's a technology service company used by Oklahoma Student Loan Authority and Ed Financial, a breach affecting and impacting 2.5 million student borrowers, and breached information includes social security numbers, emails, phone numbers, and addresses.
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	John Kerry, making America green one Learjet liberal flight at a time.
	You just can't make this stuff up.
	Sean Hannity is on right now.
	All right, for August Energy through the roof, as we now know, uh, in spite of the artificial decline in it's another band-aid solution, is all it is.
	Tap in the strategic petroleum reserves, and you're compromising national security.
	It's at a 38-year low.
	But energy, fuel, electricity, natural gas, utilities, food, uh, rent, vehicles, used vehicles, new vehicles, everything's up.
	This is why Americans are suffering.
	And the saddest part of all of this is all of it is preventable.
	He didn't have to wreck the economy.
	There were this simple, basic, fundamental things that could have been done.
	Just starting with being energy independent, that would prevent a lot of this from happening.
	You know, if you look at inflation adjusted earnings, it's been negative for 90% of Biden's presidency.
	Real earnings now down for 17 consecutive months, the longest stretch on record surpassing global the global financial crisis.
	I mean, these are real people's lives that are being destroyed here.
	Biden claims today's sky high inflation number shows he's making progress.
	Like, what the hell are you talking about?
	Like last month, him and Kamala Harris, zero.
	That's the number zero.
	We're only paying zero, we had zero inflation.
	I'm like, what world is this man living in?
	The numbers just came out.
	Another 40-year record.
	Great job, Joey.
	And you know, if you go through what the real inflation number is, as I just went through, it's it's 16% if we use the old methodology.
	Bank of America's CEO is pushing back on criticisms for zero-down mortgages.
	If we go back to the community investment act of that Bill Clinton started, you're gonna have another housing disaster and crash like we saw in what, 2007 and 8.
	U.S. national debt is 31 trillion dollars.
	Most people don't even know that or seem to care.
	Anyway, so inflation is up yet another month despite the drop in in gas prices artificially because of the release of the strategic petroleum reserves.
	Um, you know, this is America's literally we are at the lowest level we've been at in terms of the strategic petroleum reserves, the lowest level uh in 38 years.
	U.S. emergency oil reserves tumble to the lowest they've been since 1984.
	I mean, this is unbelievable.
	And Biden's new energy czar said he has the highest regard for the CCP, the communist Chinese.
	Great.
	Be sure to check in as soon as you get to your car after work for breaking information you need to know about.
	This is the Sean Hannity Show.
	All right, 25 now to the top of the hour or so.
	Mortgage rates now, average 30-year fixed rate mortgage is 6.2%.
	We expect another 75 basis point increase.
	That'll bring us right to 7% mortgage rates.
	What were they when Donald Trump left office?
	Let's see.
	Oh, average 30-year fixed rate mortgage was 2.7%.
	It's more than doubled under Biden.
	How many times have I been telling you before interest rates keep going up?
	Contact American Financing.net.
	By the way, we're expecting four more rate increases this year alone.
	Four more.
	So if you haven't done debt consolidation, just get a free mortgage debt consolidation financial review from American Financing.net because it will help you.
	Maybe you don't do anything, but it doesn't cost you anything.
	Just five minutes, ten minutes of your time.
	Average fixed rate mortgage is now six point two eight percent.
	So that's now headed to seven percent.
	What are you going to do when it's eight percent?
	Then this is why the housing market is it's it's got to come to a screeching halt.
	We're now going to hit a housing recession probably as bad as 2008 and nine.
	That's the next shoe to drop.
	That's what's going to happen next.
	And that means that all the money that you lost in your IRA and 401ks, that'll be nothing compared to the equity you lost in your home.
	Although I will tell you there are going to be states that fare much better than other states.
	You know, with with the influx of new people to Florida, I think it's 800 around 800 plus a day new residents moving to Florida.
	Florida's going to be fine because demand is going to stay high and steady and people are going to need the place to live when they get down there.
	So that that I Florida won't will fare better.
	Tennessee will fare much better.
	Alabama will probably do much better.
	Texas will do much better.
	Oklahoma will do much better.
	The Carolinas will do much better.
	But for a lot of the country you know watch all that equity you thought you had in your home just disintegrate before your eyes you know um we talked about what's happening and the you know look at all these things that we're talking about today.
	These are not the issues Democrats and the media mob want to talk about Biden's economic failures, energy failures, border failure, his Afghanistan failure, his every failure they don't want to talk about that part.
	You know, in 2016 they made up a lie that they perpetrated on this country for over three years based on Hillary Clinton's bought and paid for Russian disinformation dossier.
	Three long years none of it was true totally debunked.
	2016 the mainstream media three weeks before the election Hunter Biden's laptop comes out and in one voice the media mob the Democratic party even high ranking former Intel officials that knew nothing absolutely nothing on it looks like Russian disinformation.
	How effective was the FBI media big tech and their collusion because remember big tech wouldn't even allow you to post a story about the New York Post breaking that story.
	Anyway well 41% Tom Bevin of Real Clear Politics tweeted out still believe Hunter's laptop is Russian disinformation.
	Well first of all you have half of the Democrats think it is genuine and half think it's Russian disinformation.
	73% of Republicans believe it's real and it is real and 27% of even Republicans still believe the lie.
	Independence 53% see it as genuine 47% still believe it's Russian disinformation.
	That's how powerful the media mob and big tech and the Intel community are on public thinking and public opinion.
	There was a report out by the way that people close to Hunter Biden suspect there might be another laptop according to one reporter guy by the name of Andrew Rice contributing editor for New York magazine wrote about the laptop saga made the assertion during appearance on fake news CNN after being shown a clip of the younger Biden telling CBS that he had discarded the device often associated with him and could be at and could be as you know while he didn't know for sure.
	I think that you know I think that if you accept the fact that Hunter was a person who was addicted to drugs, alcohol and other substances who was going on a sort of journey of self-destruction during this time period you know it's fully plausible to think they might have misplaced an object and not necessarily know what happened to it.
	Well they forgot that he brought it to the John Paul Mac Isaac.
	And then this poor guy's entire life gets thrown into utter chaos and ruined.
	Get this.
	You want to talk about dual justice under the law?
	You'll love this in the Epic Times.
	So you have the dual standard of justice in America.
	If you're a Biden or a Clinton, nothing happens to you.
	You get you can literally bleach bit away 33,000 subpoenaed emails on your servers.
	You can destroy your devices with hammers.
	You can remove SIM cards, nothing happens.
	You can even have the FBI conclude that criminal statutes were broken, that you had top secret classified information on the emails that they did find, but no prosecutor would prosecute.
	We know in Hunter's laptop, there's evidence of crimes committed.
	Illegal drug use.
	We know he lied on a gun application.
	We know that Hunter was frolicking around all over the place with hookers.
	We know all of this.
	But he also, more importantly, implicates Joe, his dad.
	We have pictures of Joe and Hunter and foreign business partners, and now have chronicled at least 14 examples of these business partners meeting with Joe Biden, buying influence.
	We have evidence, Joe Biden in his own words, bragging how he leveraged a billion taxpayer dollars to get a prosecutor in Ukraine fired for investigating his son being paid millions for no experience.
	Every day there's like a new Trump allegation.
	Now it's the super PAC.
	What's today's new allegation?
	Now they're investigating something else.
	I went through all of this last night on TV.
	I won't do it again.
	30 separate examples.
	And the media gets all jacked up, hyped up.
	That's all they want to talk about for the next 56 days.
	Chuck Grassley now wants to grill the FBI official, who you believe was fired from the Bureau and their Washington field office after whistleblowers.
	There's over 20 of them, I'm told, claiming that the official, you know, had deep six the Hunter Biden laptop investigation.
	Now he's denied that through his attorney.
	Time will tell, but the top official who left the bureau should be asked to testify before the Senate.
	Truck Grassley is pushing for that.
	Now, if Republicans get the power to subpoena, if they win this midterm election, things will change and trade change rather dramatically.
	Looks like the violent wing of the Democratic Party is at it again, so that won't be news for anybody, but just the news.com is talking about a Texas woman charged for allegedly making violent threats against the federal judge in Florida overseeing the president's that President Trump's request to appoint a special master to review the documents seized last month by the FBI at his home,
	mar-a-lago later on in the program we have an investigation why would the nih Why would the Department of Veterans Affairs?
	Why would um the IRS, why are they buying hundreds of millions of dollars in weapons?
	In other words, there's a report out about the militarization of America and 1.48 billion on guns for agencies that don't need them.
	But when we come back, Blake Masters, Republican Senate candidate in Arizona's next.

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