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Oct. 19, 2022 - Sean Hannity Show
33:18
Hannity 10182022 4PM Hour
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All right, Hour 2, Sean Hannity Show, 800-941-SEAN.
You want to be a part of the program.
One race a lot of people have not been paying attention to for the U.S. Senate is in the live free or die state of New Hampshire.
We are paying attention to it, and the poll numbers show this race is now becoming a dead heat.
And that is Bolduck is now taking on Senator Hassen.
They had a debate the other night, and oh, finally, Senator Hassan all of a sudden recognizes that the Biden administration needs to do more to combat energy costs.
You think, especially headed into winter, maybe a good idea.
Anyway, listen.
The president over the weekend said the economy is, quote, strong as hell.
Do you agree with that?
I think there is much more the administration needs to do, especially around energy costs.
Oh, okay, especially around energy costs.
It's time for him.
Anyway, General Don Bolduck went out there and slammed the Biden administration's foreign policy.
And this is what he had to say.
Don Balduck, what's America's foreign policy and what should it be?
Well, it's, in one word, react.
There is no policy and strategy.
It's react.
And there's no leadership involved.
Senate candidate, Republican candidate General Don Bolduck is with us.
Terrific debate against Maggie Hassen.
He actually tore her apart on so many different ways.
Anyway, welcome back to the program, sir.
How are you?
Hey, Sean, thank you for having me back.
I'm doing great.
We just finished an event with Nikki Haley, you know, standing room-only event.
It was great here in Rochester, New Hampshire.
You know, coming down from Centerville Conway or Center Conway, excuse me, this morning after the debate.
Yeah, Maggie Hassen clearly not focused on the problems of Granite Staters, has absolutely no solutions for bringing down inflation, stopping out-of-control spending, and owning up to the fact that she has really hurt a lot of Granite Staters who are choosing between heating and eating,
worrying about their children, worrying about their livelihood and retirees having to get second jobs here in the Granite State because of what Biden and Hassan has done to this done to this economy.
Joe Biden has, and the U.S. government now has said that all Americans will pay a lot more for natural gas this winter.
And there's talk today about potential blackouts during the winter this year.
Did you read that?
I did read that, and I've been very concerned about it.
And I've been, you know, raising the awareness of Granite Staters that here in New England, we're only going to get 2 billion cubic feet of natural gas during the wintertime when we are accustomed to 18 billion, 2 billion, a drop, 18 billion, 16 billion less.
And that's all of New England.
So I don't know how it's going to be prioritized, but I will.
Let me help you out here.
Let me read from the Epoch Times today.
A major New England grid operator stated that they're preparing for a possible strain on the power grid amid a surge in demand for natural gas that threatens to reduce supplies.
ISO in New England, the power grid operator for the northeastern United States, that includes your live-free or die state of New Hampshire, stated that an especially cold winter would spark blackouts due to it not having enough natural gas that's designed for power generation.
The Wall Street Journal weighed in as well.
The most challenging aspects of this winter is what's happening around the world, the extreme volatility of the markets.
And they have gone on to say that very specifically that the grid overall is in a much tighter position.
And they're trying the different firms are seeing this in the future.
They're filling backup tanks with oil to produce in case natural gas supplies actually dry up and the grid overall is in this tighter position.
I mean, are we talking about people now having no heat in New England?
Yes, we are.
We're talking about people having no heat.
And the worst thing about it is she just voted in August not to increase our gas and oil and natural gas production.
She voted no to do that.
And I pointed that out today in the debate, which she had no answer for.
But at the end of the day, she thinks that the transition to all-electric, this new Green Deal, is better for Granite Staters and better for Americans.
Well, you know, I don't know.
When you own four homes from Washington, D.C. to New Hampshire and you have all that money you have in the bank, and maybe your worries are a lot different than the worries of the actual Granite Staters you're supposed to serve, which is, you know, I think exactly how she's thinking.
Well, you know what?
It's really not going to really negatively affect me.
And I don't stay in touch with Granite Staters anyways.
And I don't go out and campaign.
And I do my campaigning via Zoom.
And I won't debate Don Baldick with a crowd.
It has to be in a room and it has to be moderated and controlled and all this other stuff.
It's just ridiculous.
And that's how she's been leading, if you want to call it that.
And we're in big trouble in the wintertime, and they're blowing smoke all over the place when it comes to the oil reserves, which they're depleting 15 to 20 million barrels today.
That's just to keep gas prices low through the election process.
But everything is going to double and triple after the election.
And if we don't do the right thing here in New Hampshire and vote her out and vote me in, Granite Staters are going to continue to suffer.
Now, this is a winnable race.
Now that you have closed the gap, it is now a dead heat in New Hampshire.
And I noticed that the only thing she seems to want to talk to you about is abortion.
And meanwhile, as a U.S. Senator, based on the Dobbs decision, you will have no say on that issue at all whatsoever.
But they've tried to drag you into that discussion.
Your personal beliefs are your personal beliefs, but it's going to be the people of every state that will decide through their locally elected representatives, their state representatives, not through you.
That's correct.
And that's the way it should be.
And so, you know, and I've said this time and time again.
And, you know, even the media, you know, I just had a media interview.
All they wanted to do was focus on that.
They wanted to focus on, you know, election integrity issues.
They want they, just like her, distraction, wanting to focus on the things that Granite Staters have not asked me a question.
Yesterday, with Tulsi Gabbard, we ended in Conway at the community center with nearly 500 people in there.
And you know what?
Not one question about any of that.
They want to know, hey, how are we going to eat?
How are we going to heat our homes?
How are we going to take care of our children?
Is it going to triple?
Is it going to double?
What's going to happen?
How are we going to get?
Is it going to triple?
Is it going to double?
Now the question is, is it going to be available?
Is it even going to be available?
You're absolutely right, Sean.
Absolutely right.
And that works.
Well, I think the media needs this answer going forward.
And I'm not suggesting what you say here.
I've answered that question a thousand times.
That's a decision that will be decided by the state.
Next question, please.
Well, no, no, we really like your position on this.
As I said, I've answered it a thousand times.
Next question.
And move on, because that's what the media does.
They do the bidding for the Democrats, and they ask their questions.
And meanwhile, has Hassan done a single interview on her own with anybody in the media where she's ever been pressed?
No, she has not.
And I told him that question.
Why don't you go ask Maggie Hassen her views about this because you never do.
You're only asking me.
I've answered it.
I'm done with it.
We're moving forward on the issues that granite staters find important, eating and eating.
Well, we had your great governor, Sununu, on the program last week, and he was singing your praises, and he thinks, absolutely, you can win this race.
I hope everybody in New Hampshire understands how bad it's going to be.
You're not going to have the natural gas available.
You may be facing blackouts, and it's going to be a dramatic increase in price to heat your home this winter.
And by the way, it gets cold in New Hampshire.
I hope people are paying attention.
Oh, I hope they do, too.
And you know, Sean, most people's backup generators are run off of natural gas.
So they're not even going to have that available either.
So some people thinking, well, I got a generator.
Well, you better think about what powers that generator because it's not going to be available.
So you're definitely going to have blackouts.
And, you know, this is just unacceptable.
And I am grateful for the governor's support.
He's right.
We can win it.
Carolyn Levitt can win it.
Bob Burns can win it.
And if we do that, we are going to go down to Washington, D.C. and serve Granite Staters.
Well, I hope also people know that your 10 tours of duty for your country, your 30-plus years of service from 1981 to 2017, your two Purple Hearts, your Bronze Star 5 with Valor, your Legion of Merit Award, your Service Medal Award, your Defense Superior Service Medal.
I hope people understand all this about your background, and this is just another type of service for the people of New Hampshire.
I hope they understand because Hassan is basically just a rubber stamp for all things Schumer and all things Biden.
Period, end of sentence.
That's all she is.
Anyway, General, we appreciate you being with us.
We're following your campaign closely.
Well, thank you, Sean.
And everyone, go to DonBaldic.com and see how you can help me out.
God bless you, and thank you for having me on, Sean.
Thank you for being with us.
All right, quick break.
We'll hit the phones when we get back.
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This is the Sean Hannity Show.
Let's get to our busy phones.
Barbara is in Baltimore, WCBM.
What's up, Barbara?
How are you?
I'm doing great, Sean.
How are you?
It's been a long time, Barbara.
What's going on?
Well, I tell you what, I'm so excited about Lisa Elden, as I was telling the call screener, because here in Maryland, we've got Larry Hogan trying to destroy a good candidate, a great candidate, today and cop.
So I need someplace to come back to.
Listen, even if Lee Zeldon is governor and he'll do a great job, I mean, he would save the state economically if he becomes the governor.
He'll save the state from the record numbers of murders and violent crimes that are being committed in the state.
He'll lend the insanity of no bail.
He'll refund the police.
He'll lower the tax rates in New York.
He'll open up fracking.
I mean, it'll be a brand new state by the time he gets done with four years.
And I think he would get re-election.
I've examined this race closely.
He absolutely can win.
It's not an easy lift for him, though, at all.
It's a very blue state.
I know it is.
I know.
I have family members who, even though they're on lockdown, they're afraid to come out of their house.
They live in Queens.
You know, that's where I'm from, Queens.
And as I look at what's happening on the subway, you know, I think as a kid, we used to, you know, during the summer, as teenagers, we'd ride the subway.
That's where we go and, you know, laugh at people, laugh at this, that, you know, go in different places on the subway.
It was so safe.
Listen, I mean, New York City got into a very bad spot.
Rudy Giuliani had to come in and clean it up.
He did, and he showed that there's a way to drop the murder rate from nearly 3,000 to 300.
So we know how to fix things.
Now you have to go fix them.
And right now, we're almost, we're in a worse spot than we were before Giuliani became mayor of New York City, where a majority of that crime is happening.
Although, you know, look at what happened to Lee Zeldon in front of his own house for crying out loud.
There's a gang shooting in front of his house.
All right, Barbara, we miss you, darling.
Thank you so much.
God bless you.
You're always great to have on the program.
Thank you, Mark.
Bye.
Bye.
Talk soon.
Mark in Florida, how are you?
Glad you called.
I'm doing pretty good, Sean.
Good afternoon.
It's a pleasure to speak with you.
Pleasure, Zoma.
Well, I work in the oil and gas industry as an inspector, and I travel across the country inspecting the pipeline jobs, whether it's transmission or distribution.
And something that I've been observing over the years that when I hear about the Pennsylvania stopping the fracking and not being able to issue the permits, looking behind the scenes of what's going on.
And there was a period of time from 2007 to 2018 where Blackstone Group was investing in a company called Chesapeake Energy.
And Chesapeake Energy were pioneers in fracking and getting the natural gas from Shell Rock.
And so they had that technology of how to do that.
Well, Blackstone had one of their investors was the CIC.
That's the Chinese Investment Corporation.
And so when I look at Pennsylvania and West Virginia and Ohio being restricted on the permits, I can't help but wonder if with China now having the technology of knowing how to frack,
if Biden is holding us back as a country to give China the jump on building the infrastructure of the compressor stations of the pipelines of the drilling of getting the natural gas out of their trust of the air.
You just got to remember one thing is that, of course, Joe's compromised when it comes to all these deals.
Look at what we learned about the Biden crime family crime syndicate today.
Hunter Biden's real estate company got $40 million in an investment from Moscow's one-time first lady, an oligarch, according to new emails, the relationship between the president's son and the billionaire widow of a corrupt Moscow mayor.
We already knew that she sent him $3.5 million, a company linked to Hunter.
And then we find out that the brother told the Daily Mail the money was a payment to enter the American market.
But now we can reveal, Daily Mail revealed this.
They wrote this story that Hunter's financial relationship was far more extensive with her firm investing $40 million in a real estate venture by Hunter's company, Rosemont Realty.
And in 2012, Hunter's firm had $69.7 million plan to invest in 2.15 million square feet of office space in seven U.S. cities.
And then documents outlining the plan said the money came from a mix of investors, including $40 million from Inteco Management, a Swiss company owned by the Russian oligarch.
I mean, you just can't make this up.
It's insane.
But, you know, so we're compromised.
Yeah, the Biden's a compromise by China, Russia, and they're compromised by Kazakhstan and Ukraine and others that we can't even begin to talk about.
Anyway, appreciate you being with us.
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25 to the top of the hour.
In, well, three weeks from today is the day that you get to change the trajectory of this country and where we're headed.
One of the biggest issues on the ballot, of course, for everybody is the economy, 41-year high of inflation, record high gas prices, and predictions that it's going to get much worse.
If you look at, for example, Bloomberg, I told you about this yesterday.
They're predicting and now forecasting the odds 100% that we will have a recession in the next 12 months, that we just had a recession.
If you define recession historically the same way as everyone else used to, which is two consecutive quarters of negative growth, but that's neither here nor there.
We have lost, in terms of wealth in this country, $10 trillion.
Bloomberg also pointed out the average American is losing $34,000 in terms of their 401k retirement accounts.
And it's all bad news.
There's nothing good to tell you.
Average family, according to the Heritage Foundation, is spending $7,200 annually because of Biden inflation.
Double the price of gasoline.
Top of that, you're going to have millions of illegal immigrants without money that the American people will have to provide food, water, shelter, housing, you name it, education, health care for.
That's also coming.
I mean, get a reality.
But Joe Biden, he's out there saying, no, no, no, no.
The economy is strong as hell.
Listen.
Just one more economic one.
Are you concerned about the strength of the dollar right now?
I'm not concerned about the strength of the dollar.
I'm concerned about the rest of the world.
That makes sense.
Our economy is strong as hell.
Inflation is worldwide.
It's worse off everyone else than it is in the United States.
So the problem is the lack of economic growth, sound policy in other countries, not so much much.
It's worldwide inflation.
Blame the other countries.
Worldwide inflation.
It's Putin that caused it.
It's transitory.
We have 0% inflation.
Zero.
It's zero when it came out at a 41-year high the very same day.
I mean, you just, you can't make any of this stuff up.
Now, Biden, by the way, he's now cut our strategic petroleum reserves.
Now we're at a 50-year low, and they're about to announce this week that they're going to release another 10 or 15 million barrels just before the election to artificially try and reduce one more time the price of gasoline at the pump.
On top of that, you know, Biden is out there telling people that California has always been at $7 a gallon.
That is not true.
He says all Americans will pay much more for natural gas this winter, but it's his policies that caused it.
We're now having the Epic Times today projecting that, in fact, they may have blackouts this winter in all of New England as a result of these idiotic energy policies.
On top of that, we just heard from General Don Bullduck, who's running for Senate in New Hampshire.
They don't have enough natural gas.
They have maybe one eighth of what they need in terms of supply for this winter.
They don't have the supply because of Biden energy policies.
Anyway, so the forecast is a recession within a year hits 100%.
White House now, press secretary, is mocked for linking the inflation rise to the spending bill saying relief starts early next year.
Okay, nobody else is saying that, not even the liberal media.
And then Biden, of course, is bragging about all the people that are going to get free student loan relief.
And it gets worse from there.
There's not anything better.
There's no better news to tell you.
The U.S. government says all Americans will pay much more for natural gas this winter.
Thank you very much.
We really appreciate the tax increase.
BlackRock's stock is no longer a buy, according to analysts, because of their focus on environmental, social, and governance principles has become increasingly risky.
Here to weigh in on all of this is Steve Moore.
You know, the average American now has lost $34,000 and it's growing every day in terms of their 401k.
On top of that, they're paying $7,200 now more per year for the exact same items they were purchasing under Donald Trump.
We're now paying double a gallon of gasoline in many places, much more than that.
My question is, if you're going to stick with the same dumb policies, why would you expect a different result?
Well, hey, Sean, great to be with you again.
And by the way, you inspired E.J. Antonio and I to do that study on what impact Biden has had on the 401k plans because you've been citing that number about how much wages and salary people have lost.
And you're right, depending on various estimates, anywhere from $4,000 to $7,000 per year.
And we thought, well, what about savings?
You know, savings gets crushed by inflation.
And then you have the bad stock markets.
You combine the high inflation and the bear market in stocks.
The last couple of days have been better, but it's been a bear market season for sure.
And so we came up with that $35,000,000.
Now, that's the average, Sean.
If you're somebody over the age of 60, I'm 62.
So I've spent 35 years building up my retirement nest day, as someone like you have.
And if you're somewhere around 60 to 70 years old, you're getting crushed.
Your losses aren't $34,000.
Your losses could be over $100,000 in terms of the business.
Your study showed more than 25% losses in a single year.
Those are gigantic losses.
And that means people won't be able to afford a retirement home.
And my point is, I don't understand why any senior citizen would vote for the Democrats because of what they've done to their retirement nest.
I got a laugh.
Did you see the other day, Sean, that Biden was boasting when the bad inflation numbers came out?
He said, well, you know, we're going to increase because of the COVID.
The seniors are going to get a 9% increase in their social security.
Social Security.
Yeah, but that's because everything they buy is 9% more expensive.
So that's probably a reason.
And it only means, by the way, Sean, that now Social Security is going to go bankrupt even sooner.
Thanks a lot, Joe Biden.
So it's hard to point to just about anything that Biden has done right.
And the Democrats are so desperate.
I don't know if you saw, Sean, that great debate that Herschel Walker had against Warnock a few days ago.
It was amazing.
Just crushed him.
But Warnock was like a prize fighter against the ropes because Herschel really hit him hard on the inflation.
He said, oh, why are you talking about inflation?
You know, this is the best Warnock.
He said, look what we're doing with insulin prices.
It's like, what are you talking about?
Have you been to the grocery store?
Have you been to the gas station?
Have you tried to rent a car?
I mean, everything is going up so much in price.
The Democrats, have you noticed that they don't have any response to why inflation is out of control?
Look at all the, look now what's happening to the housing market.
So people have lost a lot in terms of their retirement funds.
And to be blunt, a lot of Americans, they're pretty conservative in terms of their investing strategies.
They're not buying risky stocks.
You know, they're buying the basics.
And you look at, for example, the NASDAQ is, well, I'm sorry, the S ⁇ P 500 is down 5%.
The Dow Jones down 4%.
And I mean, this is a dramatic amount of money.
You point out the trillions, all told when you count everything together in every category.
It's estimated to be around $9 or $10 trillion of wealth that is lost.
New home construction has stopped, Steve.
Sale of pre-existing homes has stopped.
Sellers now are cutting their prices, slashing it if they're trying to get out of a particular home that they're in.
But most people don't even want to sell because they don't want to give up their 2.7% 30-year fixed-rate mortgage in exchange for a 7%, soon-to-be 8% 30-year fixed-rate mortgage.
You're exactly right.
A new report just came out this morning on new home construction.
It's falling off a cliff, Sean.
By the way, to my audience, I wonder where you heard that first because I was telling people months and months and months ago, this is the next shooter drop.
But you were right.
It's happening right now as we speak.
I want to make sure that your listeners understand that, by the way, there are nine other major countries in the world, according to Fox News, reported yesterday, nine other major countries that have lower inflation rates than the United States does.
So what is Biden talking about when he says this is a worldwide phenomenon?
I mean, yeah, you got some countries like Venezuela and countries like that that have high inflation.
But we have one of the worst inflation problems in the world.
And I want to make sure that people understand that the match that lit this forest fire of higher inflation, I said this on your show 18 months ago, was if you're going to put $4 trillion of spending into the economy and you're going to borrow that and print money, I mean, Sean, you don't have to be a PhD economist to understand that that's going to cause inflation.
In fact, the only people who got this wrong were the 14 Nobel Prize-winning economists who wrote in the New York Times that Biden's agenda will not cause inflation.
Remember that?
I do.
I do.
Geniuses that they were when it was so obvious and transparent to all of us that, in fact, that would happen.
All right, quick break more with economist Steve Moore, 800-941.
Sean, our number, you want to be a part of the program.
Your call is coming up, as well as Sarah Carter, John Solomon, as the Danchenko trial is now in the hands of the jury and much more as we continue.
Up next, our final roundup and information overload hours.
All right, we continue more.
Bad economic news.
Wish we had better.
Anyway, Steve Moore Economist is with us.
Let me ask you advice for the average person listening to this show right now.
They're seeing your analysis now that they've lost 25% on average in terms of, in less than a year, in terms of their retirement accounts.
Now they're losing the equity that they thought that they had in their homes.
Maybe it's a lot of this audience, maybe there are some people thinking of retiring.
That's not going to happen probably on the timetable that they had previously set.
How do we get ourselves out of this?
Even though we technically hit a recession with two negative quarters of two consecutive quarters of negative growth, now they're predicting yet another longer recession going deep into next year.
What do you tell the average person?
How do they, you know, if it's costing $7,200 a year on average of household to keep up with the cost of Biden's inflation, what can you tell people short of buy less and find other ways to bring income in?
I don't know any other way to fight back against it.
The first thing I recommend to people, you know, we've got eight to 10 million people who should be working, who are not working.
And my advice is, you know, if you're out on the sidelines and you've been thinking about getting a job, get it now while the jobs are still there.
Because, look, I'm a bit on the pessimistic side.
I mean, I think this could be a financial crisis.
I really do.
I mean, Sean, you can't borrow $4 trillion and not pay for it and expect that everything's going to be honky-dory.
I mean, this is this absurd, crazy, lunatic.
Remember, have you heard of modern monetary theory?
Have you heard about that, Sean?
I have.
You know, it's crazy.
I mean, when they started coming up with this idea a few years ago, we used to laugh at it.
But this is what the Biden people are doing.
They believe the United States can run up the credit card into the trillions and trillions of dollars, and it's not going to negatively affect the economy.
Of course it is.
That's why we have the inflation.
Now, what can people do?
I would not advise selling your stocks at this point.
I mean, the losses have been, you don't want to sell low.
I do believe stocks in the long run.
So if you've got a retirement account, you just got to grin and bear it.
You've got to stick with your investment.
But I'm in that situation you just talked about.
My wife, I came home the other night.
She said, you know, I hope you weren't thinking about retiring anytime in the next couple of years because, you know, you couldn't retire if you wanted to.
It's not in you.
That's true.
I don't want to.
But in any case, I think a lot of people understand now they're going to have to work longer and harder because of the, and look, what's the most important thing people can do right now to change the direction of the country?
You say it every night, Sean.
Get rid of these people.
And I'm not a vow, wild Republican.
I'm not here to say Republicans are going to solve all our problems.
But these Democrats, remember, every single Democrat in the Senate, Sean, every one of them was the deciding vote on every single one of these $4 trillion spending bills.
Let me play Andrea Mitchell interviewing Nancy Pelosi and get your quick reaction.
So let's talk about rising inflation concerns along with crime, giving momentum, new momentum to Republicans after the Democrats were closing the gap.
After the Supreme Court ruling, there was huge outrage.
That has seemed to subside, at least among overriding concerns, despite all the legislative accomplishments you and the president have done so much in terms of domestic concerns, the economy.
So why is this message, why do you think the president has gotten this message through the voters?
Well, first of all, let me say that I think that much of what you've said, I don't agree with.
That is to say, the New York Times poll, I think, is an outlier poll.
You said one poll, but all the others.
It's also the real clearance.
The politics average is showing similar issues.
No, but they, but that was one that brought down the average, and it was an outlier.
It wasn't even that big a sample.
So I dismiss that.
A quick reaction to that.
Well, I mean, look, good.
I hope she is living in La La Land.
Look, I'm at 30.
I think the Republic is going to pick up 30 seats in the House.
And look, I've lived through 1994 and 2010, and the red wave is coming.
Those numbers that came out of inflation last week could not have come at a worse time for the Democrats.
Look at the polling.
It's basically crime, inflation, the economy, and the border are the four number one issues.
By the way, you know what climate change is?
It's like last.
The Democrats think it's the number one issue.
It's the issue that Americans are almost least concerned about.
They are on the wrong side of every single issue, and they're making everything worse.
Anyway, we have to run.
We appreciate you being with us, as always.
Steve Moore, Economist, 800-941-Sean on number.
If you want to be a part of the program, I want to remind you about our friends at Henry Repeating Arms.
Now, how's this when the owner of a company gives you his personal guarantee, 100% satisfaction guarantee, and says, Henry owners, Henry owners may have, they have my personal guarantee to make certain that they're going to be 100% satisfied with their purchase of our rifles and our shotguns.
Because if you spend your hard-earned money on a Henry, I assure you we will do whatever it takes to make sure that you're happy with your Henry.
I mean, I happen to love this company.
They're now celebrating their 25th anniversary.
They're giving away a million dollars to great charities for their guns for great causes, charitable arm.
They have a broad range of firearms.
You'll love them all.
Rim fire, center fire, calibers, 200 models to choose from.
I love the variety of finishes, their configurations.
They have something for everybody, hunters, collectors, outdoorsmen, farmers.
If you need it for home defense, every Henry's made in America or not made at all.
It's very simple.
You're going to love this company.
Go to their website.
It's henryusa.com.
One word, henryusa.com.
They'll send you a free catalog, free decals, and a list of dealers where you live.
It's that simple.
Henryusa.com.
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