Sean Hannity Show - Sara Carter - March 10th, Hour 2

All Episodes

Previous Next

March 10, 2023 - Sean Hannity Show

39:35

Sara Carter - March 10th, Hour 2

Large

Audio Only |

Scroll

Time	Text
	This isn't iHeart Podcast.
	You want smart political talk without the meltdowns?
	We got you.
	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.
	What I told people, I was making a podcast about Benghazi.
	Nine times out of ten, they called me a masochist, rolled their eyes, or just asked why.
	Benghazi, the truth became a web of lies.
	From Prologue Projects and Pushkin Industries, this is Fiasco Benghazi.
	What difference at this point does it make?
	Listen to Fiasco, Benghazi 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 download Verdict with Ted Cruz now, wherever you get your podcasts.
	All right.
	Happy Friday.
	Hour two.
	Sean Hannity show toll free.
	It's 800-941-SEAN.
	If you want to be a part of the program, I will tell you, I'm getting sick and tired of being lied to.
	I am tired of the border is secure.
	The border is secure.
	No, January numbers show.
	Well, first we had a record number of illegal immigrants in 2021.
	Then we beat that record in 2022.
	We're on track now to beat the 22 record this year.
	And that's on top of the human trafficking, the over five and a half million people that Joe Biden basically uh allows in and violates the law and aids in a bet and is aiding and abetting in the law breaking.
	And I'm just sick and tired of getting lied.
	I mean, all these officials telling us again and again and again and again and again that the border is secure.
	Sounds to most folks like a crisis.
	Well, look, it's way down now.
	We've now gotten control.
	Precisely that.
	The border is closed, nor could I have been clearer and continued to be so, which is the border is closed.
	The United States will continue to enforce our laws and secure our border.
	The border, um, we are working to make the border more secure.
	You're confident this border's secure.
	We have a secure border, and that that is a priority for any nation, including ours and our administration.
	We agree that uh the border is secure.
	They just flat out lie.
	Washington Free Beacon has a story out.
	White House is literally claiming, Corinne Jean-Pierre, the White House press secretary, that because of the work that this president has done, because of what we've done specifically on fentanyl at the border, it's had a historic lows.
	No, it's a lie.
	The border's never been this wide open.
	It's never been this insecure.
	Uh we've never had a president aid and a bet in in criminal activity and law breaking.
	If any one of you listening to my voice right now drove down to the border and and picked up somebody that was not allowed legally to come into this country, you would be charged with human trafficking.
	What is Joe do?
	Uh, well, it puts kids in cages that he builds, and nobody in the media seems to care.
	Uh, then of course, it's it's catch and and process and gives preferential treatment to people.
	And of course, let's let illegal immigrants vote on top of everything else that we hear.
	It's just they just lie repeatedly.
	Um, and it is beyond frustrating to me.
	And even Christopher Ray admitted, the FBI director, that they can't keep tabs on every illegal immigrant.
	How could they?
	But they're lying and saying, oh no, no, fentanyl smuggling at the border has fallen to historic lows.
	They make it up.
	They're lying.
	Listen.
	This is not just an issue of push-pull factors in the Western Hemisphere.
	The openness of our borders also facilitating individuals that I would assume the FBI is not able to be able to keep tabs on the Chinese nationals and Russian nationals and others that are coming into our country that are quote unquote seeking asylum, but we don't know where they are in the country.
	Is that true or false on that?
	Dr. Ray, are you all are you able to keep tabs on these individuals that are coming in?
	We're not able to keep tabs on every single person who comes in, certainly.
	We have all sorts of investigations into certain people uh who get in, and we try to work very hard on both sides of the border to prevent to support uh DHS's efforts and and to some extent our neighbors south of the border from preventing them from coming in.
	Why is President Biden so comfortable with cartels operating so close to the US?
	Well, let's be very clear.
	Let me take on the drug part here, because since you brought this up.
	Um because of the work that this president has done, because of what we've done specifically on fentanyl at the border, it's at historic lows, historic levels uh that we have been able to uh record a number of personnel working to secure the border because of what we've been able to do, seizing that fentanyl.
	Uh we've done it in a historic way.
	Mexican president is out there saying yesterday that uh the fentanyl problem is your problem.
	In other words, not our problem, it's your problem.
	Uh, how would that go over if Donald Trump were president?
	Um Mexican cartel actually apologized in a letter for kidnapping and the murder of two Americans, and they turned in members that were responsible.
	Then, of course, Reuters is raising the question that Mexico is suggesting that this might be part of a a drug deal.
	I don't know.
	Daily Mail saying the same thing.
	Uh but the what, the good what you're sorry, the the you know, the drug cartels apologizing and turning over, you know, five members tied to Americans deadly kidnapping.
	Uh anyway, the person that knows more about this than anyone else in the country that actually tells the truth is our investigative reporter, Fox News colleague and friend, uh Sarah Carter is with us.
	Uh you're down there, you've been down there, you've been uh with the migrants, you've been with the illegal immigrants, you've been at the processing centers, you've been everywhere.
	Uh do we know more on what really happened with the shootout?
	Well, yeah, what we do know is that there is an intensification, Sean, of fighting between the cartels at the border.
	We have roughly about two thousand miles, little less than two thousand miles of poorest border with Mexico, and for decades, and you really laid it out perfectly, Sean.
	Uh, there has been an ongoing problem with our border, a national security issue, a humanitarian issue, but it has never been as bad as we are seeing right now under President Biden.
	And the lies are so overt.
	Uh, there is no security at the border.
	This is coming from sources, and also from my own experience being at the border.
	Uh, the Gulf Cartel, which was involved in this incident, um, and it offshoot groups and strong arms called the ciclones, which are on the ground.
	Those are operators inside the cities like Matamoros that actually have checkpoints.
	I want I want to just so everybody out there, so you all understand how this works.
	The city is controlled, and for that matter, Mexico itself is a pseudo-narco state.
	And the city itself, like Matamoros and all the border towns are literally controlled by the drug traffickers.
	So they're able to set up checkpoints, and that's what happened here with these Americans.
	They were able to set up a checkpoint.
	They obviously thought that these Americans, according to sources and according to people that I was talking with, they believed that they were Haitian smugglers.
	Um, they immediately took action against the Americans, began to fire on them because of course the group in the car in the van, the Americans were scared.
	Um, they tried to move through that checkpoint.
	There was open fire.
	They took the two um that were dead.
	They obviously put them in the back of the truck along with the two that survived.
	But this is life every day in Mexico, and it's getting far worse.
	I mean, Sean, there are over a hundred, let me just put it this way over a hundred thousand that we know of, over a hundred thousand people that have been killed in Mexico.
	And rarely is a crime solved in any of those cases.
	How many Americans have been killed that maybe we didn't hear about?
	Well, I could tell you this.
	We know and we've seen that.
	We saw that with the Mormon compound in in Mexico.
	That was last year when there was that shootout there, and and the women and the children that were involved in that shooting with all over the news.
	We've seen it before where border patrol agents were fired upon or rocks thrown at them from the smugglers or the dangers that they're facing on that side.
	But let's just talk about America.
	We had over 107,000 Americans die of fentanyl and opioid poisoning in 2021.
	And I think those numbers are quite low.
	A good majority of them died from counterfeit pills and fentanyl exclusively, which is coming from Mexico.
	Right now, President Obrador, um, he is angry because our lawmakers, Republican lawmakers, are standing up and saying, look, we've got to get something done here.
	We have to put a stop to this.
	Right.
	He did.
	He came after him, said it's your problem, not our problem.
	He lied, just like our government lies about the fact that they're not producing.
	He says, We're not producing fentanyl.
	Yes, of course you are.
	And you're doing so with the knowledge of the Chinese communist party that is moving in loads of fentanyl precursors so that the drug cartels can mix up those batches and then flood our nation.
	Flood our nation with counterfeit pills.
	And children are dying and people are dying because they take a pill that they think is a per cassette, they take a pill that they think is Motron, and we've actually seen that in Mexico now.
	And one of the issues that we're seeing, there's a actually a lady that I'm speaking with, she lives in Texas.
	She obviously wants her story to be public, and I'm I'm I'm planning on doing that with you.
	Um her son is uh was an American.
	He went to Mexico, he went to a pharmacy as a football player here in Texas.
	He took a prescription, what he thought was a prescription muscle relaxer or per cassette, and he died.
	He died, he got home.
	A lot of people go to Mexico, they think they're gonna buy something cheaper there.
	They think they're going to get better medical attention according to my sources.
	The four Americans, and it's been widely reported, went there in support of one of their friends who was going there for a medical procedure, uh, plastic surgery.
	That's quite common.
	But what they don't realize is that they're going into a war zone.
	A war zone that is controlled by the narco traffickers, not the police.
	The police in Mexico in these border towns, Sean, are on the payroll, the majority of them of the drug cartels.
	They are owned by the cartels who amass hundreds of billions of dollars in trafficking human beings and children, as we've shown on your show so many times on Fox News, and we've talked about it on the radio.
	Trafficking children to monsters to be used by sexual predators, to be lost inside our country.
	Right now, estimated 40% of the children that have been trafficked in this country have just disappeared.
	The Biden administration can't even locate them.
	And this is what the Biden administration is funding.
	The Biden administration, by its open border policy, which is absolutely purposeful, is literally funding our enemies to work against us, to kill our own children, and to create havoc in our nation.
	And it's not only bad for us, but imagine what it is like for the people in Mexico that live under this tyranny every single day.
	And now imagine the national security implications that that presents for the American public, Sean.
	I don't think there's any way to describe this, but I absolutely believe that this is an you know, and I've spoken to friends about this.
	Some of them you know well.
	Um I've talked to Linda about this, and we have said this is the biggest story of our time.
	What is happening at the border, because we are literally putting our nation in jeopardy because of this.
	And I I really think that we have to address this as a nation.
	We have to hold our government and our lawmakers accountable, and these are no longer Just criminal gangs.
	These are narco-terrorists.
	They function as narco-terrorists and they're being used against our country.
	And this is just an eye-opener.
	Quick break more with Fox News colleague and friend, investigative reporter Sarah Carter.
	When I told people I was making a podcast about Benghazi, nine times out of ten, they called me a masochist, rolled their eyes, or just asked, why?
	Benghazi, the truth became a web of lies.
	It's almost a dirty word.
	One that connotes conspiracy theory.
	Will we ever get the truth about the Benghazi massacre?
	Bad faith, political warfare, and frankly, bullshit.
	We kill the ambassador just to cover something up.
	You put two and two together.
	Was it an overblown distraction or a sinister conspiracy?
	Benghazi is a rosetta stone for everything that's been going on for the last 20 years.
	I'm Leon Nayock from Prologue Projects and Pushkin Industries.
	This is Fiasco Benghazi.
	What difference at this point does it make?
	Yeah, that's right.
	Locker up.
	Listen to Fiasco Benghazi on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.
	Hey there, I'm Mary Catherine Hamm.
	And I'm Carol Markowitz.
	We've been in political media for a long time.
	Long enough to know that it's gotten, well, a little insane.
	That's why we started Normally, a podcast for people who are over the hysteria and just want clarity.
	We talk about the issues that actually matter to the country without panic, without yelling, and with a healthy dose of humor.
	We don't take ourselves too seriously, but we do take the truth seriously.
	So if you're into common sense, sanity, and some occasional sass.
	You're our kind of people.
	Catch new episodes of Normally every Tuesday and Thursday on the iHeartRadio app, Apple Podcasts, or wherever you listen.
	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.
	What I told people I was making a podcast about Benghazi.
	Nine times out of ten, they called me a masochist, rolled their eyes, or just asked, why?
	Benghazi, the truth became a web of lies.
	It's almost a dirty word.
	One that connotes conspiracy theory.
	Will we ever get the truth about the Benghazi massacre?
	Bad faith, political warfare, and frankly, bullshit.
	We kill the ambassador just to cover something up.
	You put two and two together.
	Was it an overblown distraction or a sinister conspiracy?
	Benghazi is a rosetta stone for everything that's been going on for the last 20 years.
	I'm Leon Nafok from Prologue Projects and Pushkin Industries.
	This is Fiasco Benghazi.
	What difference at this point does it make?
	Yeah, that's right.
	Locker up!
	Listen to Fiasco Benghazi on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.
	Hey there, I'm Mary Catherine Hamm.
	And I'm Carol Markowitz.
	We've been in political media for a long time.
	Long enough to know that it's gotten, well, a little insane.
	That's why we started Normally, a podcast for people who are over the hysteria and just want clarity.
	We talk about the issues that actually matter to the country without panic, without yelling, and with a healthy dose of humor.
	We don't take ourselves too seriously, but we do take the truth seriously.
	So if you're into common sense, sanity, and some occasional sass.
	You're our kind of people.
	Catch new episodes of Normally every Tuesday and Thursday on the iHeartRadio app, Apple Podcasts, or wherever you listen.
	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 verdict with Ted Cruz now, wherever you get your podcasts.
	Broadcasting coast to coast, border to border.
	And all over America.
	This is the Sean Hannity Show.
	All right, we continue with Sarah Carter, investigative reporter, Fox News colleague, on the issue of what a disaster it is at the border.
	It's even worse than last year.
	I had a conversation that went on a long time with a very dear friend who lost a child because of fentanyl.
	And the child apparently had anxiety issues and bought a anti-anxiety medication.
	I don't know which one.
	And it was laced with fentanyl.
	And that child is dead.
	The person, my friend, I spoke to for a long time.
	We talked a lot about it.
	And this person will never be the same again.
	When I say the word inconsolable, this is happening to parents all across this country.
	And you know, the these kids, I I know these kids are stupid and they do stupid things.
	We when I was young, I did some stupid things, but it didn't lead to my death.
	And this is happening.
	We're losing our national treasure.
	Our children.
	It is murder.
	And it is and by the way, for what?
	For five dollars, ten dollars a pop, and they're making billions.
	I mean, and we're and we're not stopping this.
	This is insanity.
	You know, and we did have we don't know, we do know how to control the border.
	Donald Trump, the mean guy with the tweets, you know, the mean tweeter, that guy, Donald Trump had the border secure.
	Uh I doubt China would be pulling this crap without repercussions if Donald Trump were president.
	You know, and this is the this is the problem when America has a weak president and America is, you know, got a president that doesn't know today's Friday and doesn't do much work.
	Uh I'll give you the last word.
	We have 20 seconds.
	Sean, I totally agree with you.
	I absolutely, there has never been a president since I've been covering the border under Bush all the way through now to Biden that ever did more than President Donald Trump.
	I mean, he was the one that did that.
	We've got to get back to the basics.
	We need to follow the law.
	We need to put our nation first.
	We need to protect our borders, and then and only then can we make a difference for the rest of the people that are trying to get to this great nation.
	I get it, but we can't have children being abused, and we can't have murders anymore.
	British government announces a major crackdown on the illegal immigration there.
	Eric Adams in New York, the mayor, he wants to send illegal uh immigrants to college and let New Yorkers pay for it.
	You can't even make up how insane they all are.
	They're insane.
	Uh and the danger is real, and we we've got to protect our kids.
	We owe it to them.
	Sarah Carter, great report, as always.
	Thank you for being with us, 800-941 Sean.
	If you want to be a part of the program, we've got horrific economic news on and some of it is downright so chilling that I I just fear what the potential repercussions will be on this.
	We'll get to that.
	Uh, and also we'll have the latest on the the battle in Congress uh over Twitter and how stupid Democrats are.
	We'll hit that today.
	We'll continue.
	More Hannity.
	Last big government.
	This is the Sean Hannity Show.
	All right, 25 to the top of the hour.
	Thank you for being with us.
	800 941 Sean, if you want to be a part of the program.
	Uh very scary headlines on Drudge today about the tech bank bust and how regulators are shutting things down, uh, and fear of a run uh and a contagion alarm.
	I'm gonna explain what all of that means in a second.
	Uh, but first I want to remind you that you know, all over the country and all over the world, you have these cyber thieves out there, and they're out looking to steal your home.
	And the way they do it is it's called home title theft.
	And what they do is they forge your signature on a transfer document, and they say that they bought your home from you.
	And uh then they take out loans on your home.
	And then all of a sudden, one day you find out uh wait a minute, I'm getting these these lay payment notices or foreclosure notices.
	What are they talking about?
	And then you gotta, you know, do catch-up work.
	And sometimes it's not easy to get done.
	Uh you may think your homeowner's insurance policy will protect you.
	A lot of programs do not.
	Uh, you may think your identity theft program protects you, many do not.
	That's why I protect my home, my equity in my home with home title lock, and it puts a virtual shield around your home's title.
	Now, the instant they detect activity or tampering around your home's title, they they just shut it down fast.
	Get a free title scan with sign up, and they'll give you 30 days of free protection when you go to Home Title Lock.com, use the promo code Sean S E A N. That's Home Title Lock.com, uh promo code Sean.
	So Joe Biden uh is out there.
	Uh we talked a lot about this yesterday, six point eight trillion dollar budget proposal.
	If it was passed, it would be the largest budget in the history of this country by far, and including the largest tax increase in American history.
	In ten years, Biden would wants to spend eighty plus trillion dollars on a variety of social welfare programs along with billions to the uh cult of climate change in order to pay for this outrageous spending spree.
	Joe Biden is prepared to bring the pain.
	Now he's gonna include the twenty-five percent wealth tax, almost double the capital gains taxes.
	Well, a capital gains tax, you've already paid taxes on that money.
	So then people want to make more money, so they invest it.
	They put their money at risk.
	Now they're gonna double the tax on capital gains, and then they're even going after unrealized capital gains.
	In other words, let's say at the end of the year, you you bought McDonald's at $800 for a share and and it's up to a thousand, they want to tax the money that you made at another rate increase.
	So it's like a sixty percent uh capital gains tax raise, but you haven't even realized that gain.
	And maybe by the time you sell the stock, maybe it's only worth five hundred dollars.
	That's that's part and parcel of why I don't love the stock market.
	It goes up, it goes down, and I don't have the stomach for half of it.
	Um but that's what he's proposing, then the wealth tax, uh, and then of course, you know, money people already pay taxes on.
	Uh now they want to take twenty-five percent more.
	And then by the way, when those people die, they want another 40% cut.
	How many times do they bite the apple until what?
	There's nothing left.
	It's unbelievable.
	And uh, by the way, along the way, you have a hundred percent increase in capital gains.
	Nobody's going to risk their money in businesses that create jobs if this is what the plan ever, if this plan ever gets implemented, it would be a disaster.
	And it doesn't stop there.
	He wants to raise taxes on everyone making over 400,000 a year, he says, and he wants to hike the corporation tax, another seven percent.
	We just raise taxes on oil and gas and coal and pensions and uh corporations.
	Corporations don't pay taxes.
	They pass the costs on to you.
	They end up paying the bill, but they pay it with your money because you pay more for whatever product or service you get.
	You know, it's it's just absolute insanity.
	I got a text message from my friend Steve Moore uh just yesterday when this this idiotic plan came out, and you know, he couldn't be more honest with me, and he said uh this could cause a 1929 style depression in this country.
	Steve Moore joins us now.
	How are you, sir?
	Hey, Sean, uh, good to be with you.
	And by the way, I uh thank you for that shout out last night on your uh TV show on this, and I got a lot of response from it, and I want to be clear to people um what I meant.
	I mean, if this uh atrocious budget and tax increase were to pass.
	Now, there's no way in hell that's gonna happen in the next year and a half, as long as we have Republicans running a house.
	But what the Democrats have done, and what Biden has done is basically said, This is our vision for America for the future.
	And so the reason people should pay attention to this, Sean, even though it's not gonna pass right now, is that if they get take back the power of 2024, if they get uh you know a Democrat in the White House and then the Democratic House, they already have a Democratic Senate.
	This is what they're going to do to America, Sean.
	And you know, I'm a little older than people might think.
	I go back when I first started working on fiscal budget issues in 1984.
	So I've been doing this a long time.
	I followed the budget of Clinton.
	I followed the bunch of the budget of Obama, the Bushes, all of these presidents.
	I've got to tell you, Sean, this is the most reckless, dangerous um anti-economic growth budget that I've seen from any president in the last thirty-five years.
	Oh, that's saying a lot because we've had a lot of bad presidents, Jimmy Carter among among them.
	Uh but Biden literally wants, you know, 4.7 trillion, $6.8 trillion budget, but $4.7 trillion more of your money.
	Uh it will still grow the federal debt by $17 trillion.
	This was in the Wall Street Journal today.
	Um and and these numbers are real.
	Uh and you said it's, as you said, it's the worst budget you've ever seen, but this is his priority, by the way, his budget mentions fentanyl twice.
	Uh the pejorative word for a gay and lesbian that begins with a Q, I refuse to use that word, even though, quote, it's acceptable.
	Uh and we heard from uh Jerome Powell he's going to be raising interest rates more.
	People think, oh, good thing.
	Well, the job numbers are are good today.
	And I'm like, well, even Lawrence Summers is smart enough to know that if you want to uh deal with your inflation problem, you actually need higher unemployment.
	Isn't that true?
	Well, I I I don't want to see the people lose their jobs.
	I think we what you need is more economic growth and and the uh bigger supply of goods and services, which will lower prices.
	How are you gonna do that, Sean, if you're just shocking it to businesses?
	And by the way, when uh Biden keeps saying, Oh, we're just gonna make the rich pay all these taxes.
	What he's really talking about is American businesses.
	Businesses are started by people, you know why, Sean?
	Because they want to make a profit.
	I know that the the Democrats think that that's a dirty word.
	Somehow uh, you know, um pursuing and then achieving the American dream has become a vice in this country, and it's all over the Biden budget.
	You mentioned that he mentioned he uh that he mentioned Biden in his budget, fentanyl twice.
	You know how many times he mentions climate change?
	Probably three hundred times.
	Fentanyl is killing our kids right now.
	Nobody is dying of climate change.
	Well, that's the you know, you you would think that that was the main thing.
	I mean, you talk about priorities, uh, he does his new budget that mentions equity sixty-three times, chan transgender uh eight times, the Q word seven times, fentanyl is only used uh twice.
	Uh opioid only appears four times, um, but sixty-three times transgender.
	All this is is a roadmap to this, you know, new Green Deal radical, you know, extreme socialism.
	Let me let me ask you this question.
	I I gotta get into this.
	I don't know if you've seen the screeching headlines and screaming headlines on Drudge today, but uh it talks about Silicon Valley's bank melting down, sparking quote contagion fears.
	Uh one other quote from the New York Post, we found our Enron.
	Uh regulators now have ordered Silicon Valley Bank to shut down uh in the biggest bank collapse in years.
	Uh I'm not sure what to make of all of this.
	Uh you're a lot smarter on these issues than I am.
	Uh how do you interpret this?
	Well, let me just say one last thing about the uh Biden budget, because it ties into this bank story.
	You know, under the and you touched on this in your comments, under the Biden plan where he wants to double the capital gains tax, and you have the tax on the inflation of the of you know the the stock, you could have situations in the next few years if you pass this budget.
	I'm not making this up, Sean, where you could actually pay a tax on your capital gain of more than a hundred percent.
	So that's how crazy this is.
	You didn't even make a profit and you have to pay tax on it.
	Now, what's going on with these banks is clearly related to this potential financial crisis this country will face if we continue on this path of borrowing two trillion dollars a year.
	It it I gear I don't know when it's gonna happen, Sean.
	I can't think of it.
	Well, this is what we know.
	Silicon Valley Bank, one of the tech sector's favorite lenders has shut down, and the California Department of Financial Protection and quote innovation announced that they are taking the bank over.
	They're closing the distressed bank to protect deposits, uh, naming the uh FDIC as its receiver.
	Uh the FDIC in turn formed a separate entity where all the insured deposits would be transferred.
	Uh, but there's talk about a run on these banks.
	Venture capitalists now uh are urging startups to withdraw all their funds from this bank.
	Yeah.
	Uh Silicon Valley is melting down.
	They say this is sparking a contagion.
	They're comparing it to Enron.
	I mean, uh look, I'm just reading uh these stories put out by credible sources that mainstream media mobs, CMBC and MBC and the New York Post and and business news, that's where this information's coming from.
	Yeah, so the way these uh the they determine the financial solvency of banks is they do something called stress tests.
	And what's happening is these banks, and I don't know the particulars about this particular Silicon Valley bank.
	I haven't looked at their balance sheet, but I do know this.
	It's more and more difficult every day for these banks to f to pass a stress test.
	Why?
	Because we have out of control inflation and then interest rates rising, and that's a killer for our banks.
	Don't forget how fast it happened in 2008, where over almost just one weekend you saw major banks like um you know Bear Stearns and Lehman Brothers essentially go out of business in three days.
	So what I'm saying is if we don't start taking seriously our financial situation in this country, which starts with that, what did you say the debt is uh scheduled to go up to like over fifty trillion dollars?
	W we're gonna fa face a financial panic.
	And that's why I said what I said on your show last night, I mean last night that this would be a 1929 style collapse if we don't start changing the direction of our government.
	Quick break right back more with Steve Moore, our friend or economist, and at the top of the hour, we'll go back to these tech hearings that took place yesterday and the attacks against Matt Taibbi and and Jim Jordan was phenomenal.
	And the FBI, of course, uh putting their thumb in a concrete block on the scales of an election, yet once again, uh by dissuading big tech companies uh into reporting real truthful stories like the Hunter Biden laptop story.
	We'll get to that straight ahead.
	and your calls 800-941-SEAN.
	Music Music The final hour of the Sean Hannity show is up next.
	Hang on for Sean's conservative solutions.
	All right, we continue with economists uh Steve Moore is with us.
	The one good piece of news is Biden's bill is not gonna pass.
	And it's not gonna pass for one reason.
	Republicans have control of the House.
	That's the only reason that it's not gonna pass.
	However, um down the line in the future, I mean, we're we're getting a preview of coming attractions if, in fact, the American people continue down this road and believe the lies of the climate alarmist cult,
	Green New Deal socialists, that in fact uh pre-K can be free, and uh college is gonna be free, and and student loan forgiveness is gonna be free and a guaranteed government job and guaranteed wage and guaranteed health care and guaranteed government healthy food and guaranteed retirement.
	Uh it's this uh it ends the same way.
	It's called socialism, redistributionism, communism, whatever you want to call it.
	It always ends up with unfulfilled promises, way more poverty than you had at the beginning, and it ends with a loss of freedom that you calculate after all the damage is done that you gave up in the name of false security.
	I couldn't say it better.
	I mean, this is the I call it the Venezuela Argentina Bolivia model of economic development.
	Uh it is a scary situation.
	You're right that this is not going to pass with this Congress.
	What I watch, Sean, I I I met with Steve Scalise, who's the majority leader of the House, and I told him, you know what?
	Why don't you bring this bill, this budget, up to a vote in the House of Representatives on the House for Monday morning, and let's see how these Democrats vote on this.
	Because I I I think they're running as far away from this as they possibly can.
	They're terrified of of the you know impact that this would have on families.
	But let's bring let's bring it to a vote.
	Let's see how these Democrats vote.
	Well, I think we know how they're going to vote.
	Democrats are going to vote with Joe Biden.
	They're going to vote for socialism.
	The only exception that I saw in my I get volumes of news every day was Joe Manchin.
	And the only person to speak out on the Democratic side was Joe Manchin.
	And, you know, and how can you blame him?
	I mean, he comes from a state.
	Right, an energy state.
	is dependent on energy.
	His actual quote was picking and choosing on energy is not going to work.
	We can't be energy secure without fossil fuels.
	We have more natural resources than anyone else.
	And yet Joe Biden made the decision to make Venezuela rich again.
	Probably he'll be doing more business with the Saudis, and they're getting richer and richer.
	At some point, I would assume the Iranians are next.
	It doesn't, he doesn't seem to care.
	And by the way, when they decide to turn off the spigot or limit supply and to raise prices, is that a damn thing we can do?
	Yeah.
	I mean, you want to if you want to bring more economic development and more jobs, more high-paying jobs to America.
	I've been to the oil patch in places like Midland, Texas.
	Those guys are making $120,000 a year.
	We have got to turn I love that term.
	Turn the spigots on, because I don't know if you saw the report that came out just this week.
	The level of uh CO2 emissions in the atmosphere are higher than they've ever been before, even though we spent a hundred billion dollars on these worthless climate change programs, and you know the reason for that.
	It's a one-word answer, and it's a country, and that country is China, which is they're laughing behind our back.
	They don't care about climate change.
	They care about taking over the world while we dismantle our energy industry.
	Unbelievable.
	Steve Moore, we always appreciate you being with us.
	Thank you so much.
	Uh, what you're laying out here is extremely chilling and extremely frightening.
	Uh, I hope people are listening.
	You want smart political talk without the meltdowns?
	We got you.
	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.
	What I told people, I was making a podcast about Benghazi.
	Nine times out of ten, they called me a masochist, rolled their eyes, or just asked why.
	Benghazi, the truth became a web of lies.
	From prologue projects and pushkin industries.
	This is Fiasco Benghazi.
	What difference at this point does it make?
	Listen to Fiasco Benghazi 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 Dell, a verdict with Ted Cruz now, wherever you get your podcasts.

▲