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March 14, 2023 - Sean Hannity Show
40:56
Rep. Jim Jordan - March 13th, Hour 2
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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.
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Thanks, Scott Shannon.
And thanks to all of you for being with us.
Hour two, Sean Hannity show, 800-941-SEAN.
You want to be a part of the program.
It's always an honor, privilege, and pleasure to welcome back to the program uh Ohio Congressman, uh Jim Jordan, the chairman of the all-important House Judiciary Committee.
How are you, sir?
I'm fine, Sean.
Good to be with you.
Uh before we get to the important investigations that you're you're leading up, and they are important.
Um, what is your reaction to what's happening with these banks and this proposed bailout of of Biden?
Uh it sounds like he doesn't want to even ask Congress for the money.
Uh, what's your take?
Well, we should we shouldn't be bailing people out who are above the FDIC, you know, guaranteed what the rules are now for 250,000 for FDIT uh insured.
Uh and I think second, this is driven by the the Biden inflation.
I mean, this this record inflation.
My understanding is, and I'm not I'm not pretend to be an expert in finance here, but my understanding is that they had a number of treasuries.
Uh people started to uh the treasury's had a low low low interest rate yield, and um the uh you know, people came to there was people wanting to get their money out of the bank that they're come come to take their deposits out, and so they had to cash in a number of these treasuries at a loss because of interest rates are now so much higher than they were when they purchased them.
They didn't have the money to cover everything, and so it was sort of like a run on the bank dip driven by the interest rate inflation that um that caused this situation, and of course, as we all know, the federal government came in and and uh they're in receivership uh uh what as a Friday afternoon.
So uh the people who have something 250 or left, they should get covered, of course, because that's the rule.
But you started covering other folks above that.
Uh I think that's that's that's scary to go down that road, which sounds like where President Biden's gonna go.
You absolutely nailed it, uh certainly Biden's economic and his energy policies cause this rapid increase in inflation, which resulted in the Fed raising interest rates somewhat 1700 percent in a very short period of time in about a year.
Um, and you're right, this bank had invested very heavily in in 10-year treasuries and and mortgage-backed securities, and they had to sell them uh at a at a significant loss of money.
Now, there were people like, you know, in j at JP Morgan and other financial institutions that saw this coming because they were reading the bottom line.
They understood that this they had made a terrible investment here and that this was this was gonna, you know, their chickens were gonna come home to roost.
What what concerns me more than that is like the business uh insider's headline, Silicon Valley bank implosion in a single day could be just the tip of the iceberg, and the Fed's prolonged period of low interest rates created many financial dislocations that are now beginning to start flaring up.
Uh well, we have two other banks now that are in trouble as well.
Uh So I've got to imagine that there's got to be grave concern in Washington.
And the question I have is does Joe Biden have the ability unilaterally to make that decision and spend money?
Because I always thought any money that is spent has to go through and get the approval of the legislative branch.
That's Congress.
Well, it sure does.
And I was here my very first term in Congress is back when we had the last banking crisis, uh, the mortgage backed securities back in 2007, eight, along and through there.
And I didn't support that bank bailout, the you know, the TARP program.
Um I thought I thought that was a mistake, and and certainly that, but that at least went through Congress.
It had to get approval from Congress.
I remember Hank Paulin coming and talking to Congress all the time.
So yeah, the the way our constitutional system works is you gotta the the House in particular has to start these spending measures.
That's where the founders wanted it, because it was designed to protect we the people, we the taxpayers across this great country.
So yeah, he can't do that.
Um, but this this administration doesn't seem to care a whole lot about the Constitution.
And frankly, we saw that we've seen that in a number of ways over the last uh last several months, and of course we saw it in the big way last week in a hearing we had.
So I'm watching the new Republican majority move at record speed in terms of investigations that were long overdue, uh, the origins of COVID 19, the disastrous withdrawal from Afghanistan, uh certainly James Comer's looking into the the Biden family syndicate and their financial dealings with some of our you know biggest geopolitical foes.
Uh you inside the judiciary have a number of investigations you're involved in, uh, including whether the FBI has been politicized and the DOJ weaponized.
I've interviewed FBI agents that are whistleblowers, and my understanding is there's a lot more to come.
What are the status of your investigations?
Well, yeah, I thought we had a great hearing last week uh in the in the select committee part of the judiciary where we had in two of the uh journalists who had written about the Twitter files.
And um, I mean just to step back and think about this for a second, Sean.
Last week, in a 48-hour time period, we had Tuck Schumer on the Senate floor talk and and and and say this, and then also send a letter to Rupert Murdoch saying Fox shouldn't air any of the footage from January 6th.
The very next day our committee releases a Republicans release a report from the Judiciary Committee that says the FTC was was going after a private company, asking private company, Twitter, who were the journalists they had contact with.
In that in that uh correspondence in that communication from the FTC to Twitter, they listed four journalists personally.
Two of them testified the very next day in our committee last week, and in that committee hearing Democrats asked them who their sources were.
All that happened in a 48-hour time period.
By the way, I have two questions regarding this.
Number one, does Elon Musk not have a right to privacy?
A, and B, Matt Taibi, who is no fan of mine, even wrote a book uh, you know, crushing me.
Uh, you know, he was being hammered left and right.
Yeah, two Democrats.
Matt Taibbi and Michael Schellenberger, but two democrats who actually value the first amendment and have now seen firsthand personally what the left really wants to do, which is forget the First Amendment and simply go after their political enemies.
I mean, this is frightening stuff.
All that happened in a 48-hour time frame.
And simply because these two reporters working with Twitter to to expose the FBI and other federal agencies pressuring big tech to limit the information that American people got to see, and maybe most importantly, the information they got to see in the run-up to the 2020 presidential race.
So here's what I'd like an answer to.
So we know that the FBI had a copy of Hunter Biden's laptop in December of 2019.
Certainly plenty of time to corroborate whether it was genuine, whether it was his or not his.
Uh, but the FBI also was aware that Rudy Giuliani, the president's attorney at the time, also had a copy.
So I would assume they they knew at some point that this was likely going to be released publicly, or at least parts of it.
And so we have the FBI set up, you know, a group of agents, and their job is to warn people uh at these big tech companies about the possibility of them being victimized by foreign agents, foreign governments, uh of disinformation campaigns in the lead up to the 2020 election.
Now, if you go to the case, you brought this up, and I played it on radio and TV.
You brought up the point that in Missouri, the the Twitter site integrity chief Yoel Roth admitted, in fact, that they they were told specifically that some of the disinformation might involve Joe Biden, it might involve Hunter Biden.
Isn't that true?
Yeah.
Yel Roth in his sworn declaration says I met weekly with these folks from from the federal government, these different agencies, DHS, FBI, different agencies.
We met weekly.
They told me for a year in those weekly meetings that there was likely to be a a hack and dump operation.
It was likely to come B in October, and C, it was likely to involve Hunter Biden.
And I'm like, now how did they know?
I mean, because they got the time, the the method, and the and the person, they got them all right.
Now maybe they get the time right, because as I said in committee last week, every four years we expect some October surprise.
But they had the method and the person.
They knew it was going to be a hack and dump.
It was going to happen in October of 2020.
It was going to involve Hunter Biden.
How were they clairvoyant?
I mean, how did they know?
Well, the reason they know is what you just pointed out, Sean, is because they had the laptop, which they knew was authentic, and that so they know it's out there, and it's likely that some point that's going to get public.
So they could set this all up to make sure it got depressed, it got it got uh the circulation was was was pushed back on, and it didn't get out there, and then big media followed what the what happened with big tech, and big media didn't cover the story, and we know we know just as sure as we're talking, that had an impact on the 2020 presidential rate.
Now they've had the laptop from of Hunter for nearly three and a half years, and there's been no action taken.
Can you explain that to me?
I can't.
I cannot.
No action from you you see nothing from DOJ, FBI, you see, frankly, nothing from Treasury, because you know, as uh as you pointed out, uh Chairman Comer is trying to get a hold of the suspicious activity reports, which he believes there are there are around 150 of those uh about the banking transactions that were going on with the Biden family business operation.
So um I I do not know.
Um again, I I think in some ways it just it just underscores what we've talked about for so many years now, this double standard.
You you know, we saw it with the classified documents where 91 days before the election, the midterm election, they raid President Trump's home, and then they have the same situation with Joe Biden before the election, we don't hear anything about it until after the election.
So um and yet they knew they did it all before, they knew all about it before the election, which would have been fair.
Yeah, and and the person apparently heading up the FBI effort to be in touch with big tech companies.
Did that person write and a thesis that argued that Donald Trump colluded with Russia uh to win the 2016 election?
Is that the guy that was in charge of this whole operation?
Elvis Chan is his uh his graduate degree thesis is on this very subject matter.
Uh of course he was he was uh interviewed in the in the case of uh Missouri versus Biden, where now Senator then Attorney General Eric Schmidt um was uh that case along with for our former colleague Jeff Landry, attorney general from the state of Louisiana.
And uh you go through that deposition, you learn some you learn the pressure.
Now, they always say the FBI says, well, we didn't we didn't tell Twitter they had to do this and these other social media companies had to take things down.
We just told them what was going on, and ultimately it was their decision.
But that is BS.
The idea that they're meeting with them weekly, we have emails where they said, we think these these accounts, these tweets violate your terms of service.
I mean, that those are the kind of things they were sending to these big tech, and the idea that they had to make that that they got to make the final decision just doesn't square with what the the pressure and the frequency with which they were meeting and asking big tech to do things.
So let me ask this.
We saw what happened in 2020 with Hillary Clinton, and no prosecutor would prosecute and deleted emails, nothing happens to Hillary Clinton.
Uh we have the laptop from hell, they've had it for three and a half years.
And yet I read almost on a daily basis that it is imminent that Donald Trump will be indicted in New York, uh, likely in Georgia, and and maybe somewhere else on some other issue involving, I guess, the special prosecutor.
Um my question is is you believe that's the reality?
Is that where we're now headed in an area we've never been to before?
Where they're gonna indict a former president and a presidential candidate?
Boy, I hope not.
Um you know, but I I tell you this, I never thought we'd see him raid the president's home like they did uh in, you know, back 91 days before the midterm elections, back in August of last year.
So it it's it's unbelievable what President Trump and his family have had to endure this nonstop just attack on them from from clear back in 2016 when you know when he was first running.
So um, you know, all the way through Mueller and everything else, the impeachment, the impeachment on the crazy phone call, which is ridiculous.
Um, but this is today's left.
And if you have a uh a left that thinks that you shouldn't follow the First Amendment, that it's okay for Democrat members of Congress to go up to to ask two members of uh in the journalism world to accomplish numbers, frankly, award winning uh uh uh journalists to pressure them while they're under oath to give away their sources.
I mean, uh I guess I don't know what what what we shouldn't be uh, you know, surprised at now uh from what we see from these folks.
So let's hope not.
Uh but this is today's world.
That's why it seems like a fate of complete to me.
Do you read it the same way?
I hope not.
Um, but it it it looks like that that may be the case, particularly in New York, as I I I saw some things last week with the with the grand jury and all uh with that that state case in New York.
Maybe that's gonna happen there, but again, um let's hope not.
I don't even know what the charges would be about it.
It has to do with I guess a non-disclosure agreement payment to Stormy Daniels.
I think that's the case, yeah.
Do you think that this is on on purpose to prevent Donald Trump or maybe to force him out of the race?
Oh, I think he's running.
I don't I I don't think it matters what I mean, it it matters, but I don't think it matters in the context of whether he decides to run or not.
He's running, he said he's running, and if and if there's some kind of crazy indictment that happens, I think he's still running.
Uh, and I think uh the American people understand what's going on here and they appreciate what he was able to do while president.
As as you and I've talked about many times, Sean.
I think he accomplished more what he said he was going to get done than any president, certainly in our lifetimes, but that maybe ever.
And that's what so many people appreciate.
I was in I was in West Virginia the other night talking and talking about President Trump, and people all across this great country get what he did for our country and how you know the line I like so much because it's so true is he says they come after me, talking that President Trump says he's at the rally, they come after me because I'm fighting for you.
And the country understands that and appreciates that uh that attitude that uh we had with uh that we have with President Trump.
Scary times if we politicize our justice system and weaponize it, and we have two standards of justice in this country.
Pretty scary, and I and I'm I know your committee will get to the bottom of it, uh, in spite of uh opposition to and and little cooperation.
Uh Jim Jordan of uh Ohio, we always appreciate you being with us.
Thank you, sir.
You too, Sean.
Take care, brother.
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What I told people, I was making a podcast about Benghazi.
Nine times out of 10, 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 Mayfock from Prologue Projects and Pushkin Industries.
This is Fiasco Benghazi.
What difference at this point does it make?
Yes, that's right.
Locker up.
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 down a verdict with Ted Cruz now, 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.
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.
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.
All right, as we roll along 800 941 Sean, our number, we'll get to your calls at the uh after the news at the bottom of the hour.
You know, add to this, you know, the these issues involving these banks, and this promise now to pay it all back.
Which it even the FDIC doesn't even have, they have less about half of the money to pay back.
And then Joe Biden declaring, uh the taxpayers won't be on the hook for a single penny.
Oh, great.
And then on top of that, the the $7 trillion budget, the 5% increase in income taxes, the taxes now we propose for small business, you know, nearly doubling capital gains tax, dramatic increase in corporate taxes, taxes on unrealized capital gains.
I mean, this is a prescription for an economic disaster.
Straight ahead.
Straight ahead.
Holding them accountable.
Sean gets the answers.
No one else does.
America deserves to know the truth about Congress.
All right, 25 now until the top of the hour.
Thanks for being with us.
800-941 Sean, our number if you want to be a part of the program.
We'll get to your calls.
Coming up momentarily here, but these really are tough economic times.
Um, this this banking collapse is far deeper than the average person is telling you.
And it should concern everybody on so many levels.
And in spite of, oh, blame Trump, blame Trump, blame Trump.
It's it's not blame Trump.
Uh had they had they wanted to change the system, they had every opportunity to.
And uh Barney Frank sits on the board of the bank and lobbied to get the exact change that they're blaming Trump for.
You can't make that up.
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Uh all right, let's get to our phones.
Uh Drew is in Ohio.
Drew, how are you?
Glad you called, sir.
What's on your mind today?
Hey, Sean, good afternoon.
Hey, I just wanted to give you a quick shout.
Uh, you're a great American.
Thank you for all that you do, and may the Lord continue to bless you and your show.
I just real quick shout out to uh Jim Jordan.
I mean, I'm from Ohio.
I think he's doing a great job.
Uh all the stuff that he's doing with uh weaponizing uh the federal government, he's telling a great story for uh America to to wake up and to everything he said about the hack and leak and and everything he's doing.
He's just he's just opening up our eyes uh and he's just doing a great job, and he's making the Democrats like Miss Claskett and Miss Garcia, I believe is her name, and and Jerry Conley, they're just making them look angry and bitter.
Uh, I think he's been doing a phenomenal job.
He's been with us every step of the way.
He comes on radio as we just had uh and TV as often as we ask him.
Um he's just he's just laying it all out there.
Um now tonight we have Joe Tacopino on the program.
He's the president's attorney, and you know, shockingly, it looks like uh it's very real that there will be indictments and an indictment handed down to Donald Trump on what would always be a simple misdemeanor case.
Now, if that's not politicizing justice in America, I don't know what is.
Going after one man, one company, one family, uh, and campaigning on it, as has happened in New York, uh, with people that have enormous amounts of powers is very chilling to me.
Uh I would not be surprised if if Fulton County had the same results as well.
God forbid if your last name's Trump or if you like Trump, you're in trouble.
Scary.
Yeah, yeah.
Uh Sean, did he say that that the FBI paid Twitter 3.4 million dollars?
3.5, I believe is the number.
We don't know if other big tech companies were paid.
The timeline is very revealing.
The FBI had Hunter's laptop in December of 2019.
They were very aware that that the president's lawyer Rudy Giuliani had a copy.
They were very aware that it was likely going to leak before the 2020 election.
Uh this this task force set up by the FBI to have weekly conversations with big tech warning them about uh them possibly being victims of disinformation, that that really did take place.
And specifically, when you look at the Missouri case when Eric Schmidt was the uh AG in Missouri and he's now a senator from Missouri, uh, in that case it's very revealing.
Because even the Twitter uh site integrity head, uh a guy by the name of Yoel Roth said, yeah, they specifically mentioned uh these disinformation campaigns maybe about Joe Biden or Hunter Biden.
Well, that sounds like they were priming big tech, what they knew would likely come out, and that is Hunter's laptop, and that led to the censorship campaign in the weeks leading up to the uh presidential election.
Now, if that's not putting your finger on the scale of an election, I don't know what is.
And where does that three point four million come from?
No, from you, the taxpayers.
They don't they don't make money out of thin air.
I mean, it I was laughable today to hear that this is not gonna uh the taxpayers are not gonna be bailing out the bank, but we're bailing out the bank.
Oh, you guys gonna all reach into your own pocket and pay the billions of dollars to bail out these banks?
Are you kidding?
We're paying for that.
It's getting old.
It's getting old.
It's it's getting old.
Listen, on China, Russia, Iran, you know, it's um I I'm I'm getting very worried.
On the economy, I'm getting very worried.
And uh if we don't we don't change the the course we're on, the predictable result is right there in front of us.
You don't have to you don't have to be a political scientist or an economic uh an economist or foreign policy leader uh to figure it out.
Uh all right, my friend, God bless you.
You do have a good man in Jim Jordan, that we agree on for sure.
Uh Thomas in New York, Thomas, how are you?
Glad you called, sir.
Hey, hey, Sean, a couple points.
First on Joe Biden proposing to raise taxes on the rich.
You never see Democrats raise taxes when they control the House, the Senate, or the presidency.
It's only when they control two-thirds of the of the government.
Here are two examples.
Go back to 2008.
Obama on the campaign prom promised to raise taxes on the rich.
When he gets elected, he has the House, the Senate doesn't raise taxes, actually extends the Bush tax cuts.
President Obama uh uh President Biden for two years had control.
The House, the Senate doesn't propose to raise taxes only when the Republicans take over.
The Republicans need to stop saying, hey, this is gonna hurt the country, it's gonna hurt a middle America, you know, the rich pay more than the uh people that don't pay more.
What they need to do is they need to say to the Democrats, okay.
Why is it when you guys are controlled, you don't raise taxes?
The Democrats don't want to raise taxes.
They want to use it as a talking point during the election that the Republicans are for the rich, because when they're in control, they never raise taxes, and the Republicans fall for it.
They need to call them out on it.
I don't see this Republican House falling for it.
I don't see it at all.
That is dead on arrival, these massive tax increases and this insane six point nine trillion dollar budget.
I think it's dead on arrival.
It's not gonna happen.
But Sean, but my point is when the Democrats are in control, the House, the Senate, and the presidency, they never propose to raise taxes.
But that's not true because that they did in the last Congress, and and that's where the taxes went up on on oil, gas, coal, pensions, and corporations, so they successfully but not on individuals.
Not on not on the not on the on their rich friends, not on the individuals.
Not on not on the millionaires and billionaires they're talking about taxing.
On individual million of people, well, I I hate to tell you, but uh you only have 50% of the country that even pays income tax.
The other 50% pays next to nothing.
And if you look at the top one percent, they pay over 70% of the bill, uh the top 10% over 90%.
Anyway, appreciate the call.
Uh 800-941 Sean, our number if you want to be a part of the program, Randy in Arkansas, you're on the Sean Hannity show.
Glad you called.
Hey, Sean, great to have a chance to talk to you from the free state of Arkansas.
Thank you, my friend.
What's going on?
Uh I I just got a quick question for you.
Uh I'm I want to know who was the judge's name or were there more than one judge for the Pfizer court.
Yes, the answer is the Pfizer court judges are picked directly by the Chief Justice, in this case John Roberts, and there is a term in in which they serve in that capacity, and then they move on to other judges.
Um how many uh was there more than one with the four?
I believe there actually was, yes.
Well, the reason being is the guys got uh the the people that presented this were basically getting away with uh stealing lying to a judge, yeah.
You know, but the judge has got the ability to pull their butts back out on the carpet and say, Hey, you lied to me.
You know, they he's the one person that could uh hold these people accountable.
If it look listen, uh actually part of the law even goes further than that.
If remember the top of a FISA application says verified, and if you if you find out later, remember like people like Comey and Rod Rosenstein and and all these people that signed these FISA applications, you know, were asked by Lindsey Graham, all of them.
Knowing what you know now, would you sign that FISA application?
They all said no.
But if you discover part of what you used as information or evidence uh turns out not to be true, you have an obligation to immediately inform the Pfizer court.
Deputy FBI director Andrew McCabe was the one that said uh without the dirty Russian disinformation dossier paid for by Hillary, they never would have had those FISA applications approved.
But remember in early October they offered Christopher Steele a million dollars if he could verify his own dossier.
He they he never collected because he could couldn't verify it.
By the end of October, they used it as the bulk of information to get the Pfizer warrant approved.
So they knew that that that to me shows intent uh that they knew damn well that what that what they were presenting was not true or not ver certainly not verified.
Now we know it's unverifiable.
Right.
That's that's correct.
Uh but I've done a kind of a little search.
But you gotta understand the Democrats, then they have nothing to worry about.
Well, I want to know who the judge was.
And if you do a search, there I don't think this is common knowledge.
Who who the who was presiding over this FISA court?
At some point I remember looking and talking about it.
I just don't remember the specifics of it.
I mean, we got really deep into the weeds in this, and uh certainly that was one thing.
Those judges that were lied to uh had every ability to bring them back in court and challenge them.
Right.
And uh by the way, you see, but it's if it's uh you or me or Donald Trump or somebody with the last name Trump, they would have gotten called back in.
Right.
Right.
Hey, well, Sean, come to Arkansas, I'll take your fishing, we'll forget about all this politics stuff.
Yeah, listen, there's plenty of days I wish I was in Arkansas fishing with you, my friend.
Thank you.
All right, quick break, right back for our phones 800-941 Sean, our number if you want to be a part of the uh program, Steve Moore, uh our economic guru at the top of the hour as we continue.
Three hours a day is all we ask on the Sean Hannity Show.
So please join us.
But just don't be late.
Sean Hannity is on.
All right, as we continue, let's get right back to our busy phones.
Denny is in Iowa.
Denny, how are you?
Thanks for taking I've listened to you for about 20 years, and I record you every night, so I appreciate what you do.
You're a real venture in our country.
I appreciate your vote of confidence.
I can't do it without you, and I never forget that.
Thank you, sir.
I'd like to uh talk about the unrealized tax that they're that they brought up again.
And I think unrealized capital gains tax, yes.
Yes, and Steve Moore is a real expert on this, so I wish you would verify it with him.
Uh they talked about in the last couple of days how that's gonna affect the stock market and buying stocks and whatnot.
Uh, you know, we've heard the phrase by 2030 you will own nothing and you will like that.
And uh I always wonder how are they gonna do that?
And if they apply this to personal property, this is how they're going to do it, and it's gonna affect Democrats, Republicans, everybody in the country.
Thank you.
Steve Steve was on last week.
He's gonna be on at the top of the hour, more about the banking issue.
And uh just so people understand, an unrealized capital gain is an investment.
Let's say you have a thousand shares of of McDonald's stock and it's worth a hundred thousand dollars, and you bought it at eight hundred thousand dollars, right?
Um I'm sorry, eighty thousand dollars.
So you the government would tax you on what the value is at the end of the tax year, and that would show a two hundred thousand dollar net increase in your wealth.
Again, a capital gains, this is money you've already paid taxes on.
So, but maybe by the time you sell it, it's only worth fifty thousand dollars.
Do you do you get your taxes back that you paid?
And why does the government get to keep it that long?
This is insanity.
Yeah.
Well, let me apply this to our personal property.
Let's say I have a house that's worth uh three hundred thousand dollars, which is probably below the the national average.
And and inflation kicks in, and all of a sudden in one year my house is worth ten percent more.
I have to pay personal property taxes or I have to pay taxes on thirty thousand dollars because my house increased by thirty thousand.
That would be your math would be dead on correct, sir.
So how many people, you you said a little while ago that two thirds of the people are living paycheck to paycheck.
Probably half of those people own homes of some kind or another.
How are we going to kick in another $600 a month to pay that tax?
I'm just, I am guessing for practicality purposes, they'll probably have to remove um, you know, prime residences from that requirement.
But if you owned a second home, it probably would kick in there.
Well, I hope so, and that's what you need to verify.
And to carry this further, if it does apply to everything, thank you.
Well, remember, there's no build to read yet, so I can't I can't give you an answer because I don't know for sure.
Let's say we have a career farmer that's uh uh owns uh 2,000 acres, which in the breadbasket of America is reasonable.
Uh, they may be second generation, and this land is worth $10,000 an acre.
And that's this increases by an inflationary 10%.
And it's their primary residence, they would have to be an exemption for farmers or ranchers, or we won't have any farmers and ranchers.
It's gonna be like Yellowstone.
Uh the series, they'll want to come in and take it, come hell or high water.
Um, I don't want to cut you short, but you're making great points, Denny, and you're thinking, you know, you you're thinking the right way.
You're understanding the the massive impact this is going to have on our economy, and it's scary.
It's just downright scary.
Um, we have Steve War at the top of the hour.
We'll talk to him about this.
Obviously, the banking uh, you know, collapse and and so much more coming up, but uh you raise good points.
Thank you.
Hey, listen, the number one killer uh among infants is still abortion.
If you if you believe in the sanctity of life, if you if you're pro-life, you're gonna love this group, pre-born.
Uh now they have a website, preborn.com slash Sean.
That's their website.
Uh, and what they do is they don't get any government money like Planned Parenthood, but they're using the science of ultrasound, especially new technology ultrasound, and they give free ultrasounds to expecting moms, and they find that people that might be leaning towards abortions when they when they see what's growing inside them and and they see fingers and toes and facial features and hear a heartbeat, uh, that the odds are are much much higher that they're gonna bring that baby to term.
Anyway, um, once people hear that heartbeat and see those fingers and toes, I'm telling you, it's amazing.
And their goal, by the way, is to stop the nearly one million abortions every year in this country alone, and use the science of ultrasound to save these lives.
Anyway, if you'd like to donate to this great cause, it it's only possible because of your generosity.
Uh just dial pound two fifty, say the keyword baby, pound two fifty, keyword baby, or on their wet website, preborn.com slash Sean, and you are going a long way of standing by your belief in the sanctity of life.
We'll be right back.
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