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Aug. 5, 2024 - Sean Hannity Show
34:58
Blame Trump - August 5th, Hour 1

The economy is failing and the market is crashing.  Harris wants to blame President Trump but this is, without a doubt, the Biden/Harris crash.  See omnystudio.com/listener for privacy information.

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All right.
Thank you, Scott Shannon, and thanks to all of you for being with us.
Write down our toll-free telephone number.
We'd love to hear from you today.
It is 800-941 Sean.
If you want to be a part of the program, we are only 92 days away until election day.
That's three months.
We are 42 days away from early voting beginning in Pennsylvania and then rolling around, rolling out around the country.
And we find ourselves where the world has never been this dangerous.
And we have a Democratic presidential candidate as bad as Biden has been, that is extremely radical, more radical than him, more extreme than him, and her policies are far more dangerous to the country and to the world than his.
And this is where we now find ourselves.
As Nancy Pelosi's promoting Joe Biden, be it on Mount Rushmore.
For the third consecutive day, we have seen a massive decline in our stock market.
And I've said many times on this program, I don't feel comfortable.
I don't I've never felt comfortable giving out medical advice.
I don't know anything about your your medical condition currently.
I don't know anything about your pre-existing conditions, comorbidities.
And I resisted all the pressure that everyone was trying to put on me to tell everyone what to do with COVID.
I just said talk to your doctor, you know, study on your own.
We put on a lot of people with a wide variety of views to help you make informed decisions on your own.
And I've been saying about the economy that now for a while, uh, once I saw treasuries go up to five percent for two years, I just said, uh, I think I am risk-averse, and any monies that I could pull out of the stock market to reduce my exposure, I did it.
I didn't feel comfortable telling all of you what to do, but um I was I was just telling you what I was doing.
I'm not an economic advisor or expert.
However, this was predictable as the days long because of the policies that they have adopted and the belief systems that they have and the amount of debt they've been incurring.
And in spite of all the claims that this inflation would be transitory, it's been anything but transitory.
We're watching you know, the stock market now is down nearly 1,100 points.
It's been, you know, vacillating between down 800 and 50 and 1,000 all day long.
And you know, the stock market tumbling yet for the third day in a row.
It is part of a global market sell-off.
It is all centered around Joe and Kamala's U.S. recession fears that because of the policies that they've instituted that have never been good.
Uh, we saw in out of the Japanese market plunge a whopping 225, 12%, their worst day since the 1987 Black Monday crash for Wall Street.
You see now fears of this U.S. recession, the main culprit for the global market meltdown today.
And this, you know, all began on Thursday.
That was the first bad, bad number economic numbers we had rolling out.
Then we got the bad jobs report on Friday, and that that ended up with a major decline.
Three days and running now, three consecutive days.
And, you know, actually, you know, uh Donald Trump called the Kamala's crash.
And and the thing about what he's saying being so true, is he's more radical than Joe.
This is the person that promised to even invoke the filibuster to pass the radical Green New Deal, which may be the total the biggest redistribution of wealth, you know, move this country has ever seen.
And she'd invoke the filibuster for it.
I mean, this is guaranteed government jobs, government, you know, paid lead, good government uh health care, government uh retirement, government, government, government, pretty much everything.
And said AOC's innovative 70 to 80% tax proposals.
Fantastic ideas.
These are great ideas.
And she also promised, you know, she'd been out there bragging about Bidenomics and Bidenomics and Bidenomics.
She was part of the group of people lying to us saying that the that inflation would be transitory, just like she lied and covered up Joe's cognitive decline, just like she lied about the border being secure.
But she'd never been to the border.
Well, I've never been to Europe.
I mean, this is the person that people want to be the next president of our country.
I mean, these are scary times.
Uh she wants to raise taxes on corporations.
She wants to raise taxes on the rich.
Okay, all that will do.
Corporations don't pay taxes, and if you think things are bad now, they're only going to get worse.
We're also following today, and we'll have uh uh Yusuf I'm sorry, Mossab Yussev.
He is coming out with a new book.
It couldn't be any more clear.
I mean, we're now pretty much awaiting a showdown, and we expect that Iran is about to fire upon Israel yet again.
This was the first time that Biden and Harris surrendered in the war on terrorism.
Yeah, they might have helped Israel defend itself, but they didn't lift a finger and they said, take this as a win.
Don't retaliate.
What do you mean don't retaliate?
What Israel's been able to do on their own is unbelievable.
Out of Hezbollah of the North, they were able to target the person, the architect responsible for the attack on that soccer field that killed those young Israeli children.
And they they were able to take that individual out since this war began that was started by Hamas, the equivalent of losing 40,000 Americans in a day.
They have taken out the number four leader of Hamas, the number three leader in Hamas, the number two leader in Hamas, and now the number one leader in Hamas.
And that's the one when they struck inside of Iran and took him out.
And that's what they should do.
And the message that Kamala Harris and Joe Biden have been giving Israel the entire time has been restraint, restraint, restraint, rather than the very clear, unambiguous message of moral clarity, which is you have every right to for defend yourself against the terrorist organization that attacked you.
What part of rape, what part of murder, what part of kidnapping and torture and beheading don't these people on the left seem to understand?
And so once again, Israel now is going to be on its own.
And I predict this time it might be worse.
I think that the missiles that Iran ends up firing is not just going to be coming from Iran into Israel.
It's going to be Hezbollah out of the North.
It's probably going to be Hamas out of the South, and it's going to be the Houthi rebels, and the head of the snake for fighting all of this weaponry is Iran.
And yet we've watched this administration kiss their ass again and again and again.
And they have allowed them, they've turned a blind eye to them, selling billions and billions and hundreds of billions of dollars of oil on world markets.
Donald Trump was r running them into bankruptcy by enforcing the sanctions.
Biden and Harris were willing to pay six billion in a ransom payment.
They they allowed sanctioned waivers, so countries like Iraq could play pay Iran ten billion dollars.
All that has done is foment terror in the region, which is about to get a lot worse.
And we're in the middle of this election, and the media mob, they won't vet Kamala Harris.
They won't tell you anything about what she has said in her own words.
They won't tell you about her radicalism or extremism, and nor would they have the intellectual capability of detailing why this is all dangerous to all of you.
Now back to the economy, since Joe and Kamala have been in office, we have seen what they inherited basically zero inflation.
Inflation almost non existent.
Now, just in the last year, we've averaged the last five months, a 3.4% increase from last year alone on inflation.
I mean, it's like a 30% increase overall during their presidency and vice presidency.
And now we then you then you see the impact on the home building business and the sale of pre-existing homes, and you see, you know, the resulting cost of a mortgage for crying out loud.
We've told you statistics.
Food inflation is dramatic.
25% of Americans recently said they had to forego meals because of Biden policies.
Two-thirds of the country are living paycheck to paycheck.
They're gasping for air.
How many Americans are putting bare necessities on high interest credit cards?
You know, Donald Trump never once, you know, his during his presidency.
I'll get into the exact numbers in a minute.
His gas prices per gallon never reached $3 a gallon.
He handed off it was about $2.40 a gallon.
Remember you were paying two, two twenty, two twenty-five a gallon?
Well, those days are long gone.
If you want real income, it increased four grand under Donald Trump.
It's decreased by two thousand under Biden and Harris.
I mean, these statistics are what they are.
The media won't talk about them.
Consumer confidence was extremely high under Donald Trump.
It has sunk in the sewer under Biden and Harris.
Inflation, three times higher under Biden and Harris.
Does the any of that surprise you?
If you look at what it costs to buy essentials, it's three to five times more expensive under Biden and Harris.
You want to buy eggs, you pay an 85% more.
You want to buy whole milk from four years ago, it's up 14%.
You want you want to buy ground beef, it's up 39 38%.
You want to buy buy a loaf of bread, it's up 27%.
You want to buy chicken breast by the pound, it's up 24.2%.
Butter is up 24.1%.
You like soft drinks, they're up twenty percent.
You like flour?
You want to bake something?
26.7%.
You want sugar, it's up 47.1%.
Bacon up 20%.
Uncooked white rice, that's up 30% for crying out loud.
You know, people would think, all right, well, you can eat fairly cheaply.
I did when I was poor.
Beans and rice, well, it's not so cheap anymore.
God forbid if you want steak, it's up 30%.
You want coffee, God forbid you want a cup of coffee in the morning, that's up 36%.
And I can go on and on and on.
Essentials, bottom line, are up three to five times more.
It's more expensive under Biden and Harris.
And if you think Biden's proposed tax rate increases are high, his increases would be higher than China and Russia in terms of their corporate rate.
He wanted to go to 44%.
Kamala Harris wants to go higher.
She wants to raise the estate taxes.
I have all of this on tape.
I'll play it as the show unfolds today.
Trump tax cuts increased tax payments, quote, by the rich.
Dramatically.
Payments by the top 1% under Donald Trump went up a whopping 19%.
So much for tax cuts, you know, benefiting the rich.
America's, you know, economy was stronger under Donald Trump by nearly two-thirds of Americans approved of the economic conditions.
You know, prior to COVID.
America's approval of economic conditions has dropped to nearly an all-time low under Biden and Harris.
They've added $7 trillion to the debt.
They're adding another trillion every six months.
Credit card debt has exploded under Biden and Harris.
You know, the net change, for example, uh Trump, you know, was down all the way to $60 billion, a little over $60 billion.
Kamala Harris, Joe Biden up to $300 billion.
You know, if you look at Trump's deregulation, that saved families tens of thousands of dollars.
Re-regulation has cost you tens of thousands of dollars annually as a family for crying out loud.
Never mind the impact of you paying for food and housing and medical care and education for Joe Biden's 11 million unvetted illegal immigrants.
Never mind the national security risk associated with it.
Because now we have people, 11 million unvetted illegal immigrants coming from enemy countries and countries with terror ties.
I talk about it all the time.
Illegal immigrants, immigration is out of control and costing you a fortune.
If you had a 3% 30-year fixed rate mortgage under Trump, well, now you're paying about 7% or more under Biden and Harris.
You want to talk about the rise of home ownership?
Okay, when Donald Trump left office, it was 1,746 a monthly payment, monthly mortgage payment.
Now it's 3,322.
Good luck buying a home.
You want to talk about another risk to national security?
Well, if you look at the strategic petroleum reserves, Biden slashed oil production by three million barrels a day.
That's how much we lost under Joe Biden, in spite of them claiming otherwise.
Then they want, of course, to force EVs into your driveway and U.S. consumption of energy.
Look at the cost of electricity.
It's through the roof.
Biden and Harris have drained our strategic petroleum reserves to the lowest level in 40 years.
They did that in the lead up to the 2022 election.
Under Donald Trump when he left office, it was about $2.25 a gallon for gasoline.
You know, and now it's over $3.50 a gallon for gasoline.
It's like a dollar and a half more under them.
Under Biden and Harris, coal production has fallen, and Chinese production is surging.
You know, you want to talk about a rise in the stock market?
If you have inflation adjusted returns during the Trump presidency, up 54%.
I'm not even including the last three days crash, down 15% under Biden and Harris.
Stock market return, Nasdaq up 116% under Trump, 7.3% Biden and Harris.
Overall stock market, Dow Jones, 43% increase under Trump, 6.4% under Harris.
You know, Donald Trump cut taxes as Biden has been raising taxes.
Trump cut the corporate tax, small business tax, capital gains tax.
Now they want to tax unrealized capital gains.
Do you realize she wants to double the capital gains tax or more and wants to tax you know what an unrealized capital gains tax is?
They would have taxed you if your taxes were up, you know, in this last tax year on money that you made.
You just lost it all in the last three days.
You lost all of it.
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 SAS.
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.
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 SAS.
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 Dow, verdict with Ted Cruz now, wherever you get your podcasts.
By the way, Linda, we need to get this cut.
On Tuesday of last week, Joe Biden said, and this is two days before the Dow and the stock market came crashing.
I cured the economy.
Then we were down 500 whatever points on Thursday, over 600 points on Friday, and now we're down about eleven hundred points today, and world markets are beginning to crash, all as a result of fear of a Biden Harris recession.
Yeah, I I mean, last Friday.
Oh, we have it.
You guys are great.
Did I ever tell you you're great?
Listen.
Listen.
Mr. President, what do you want your life to do with any disease?
Yes.
It's true to the economy.
What are you going to talk?
Any environment.
If you have a small thing.
small things.
I cured the case.
Okay, so I'm gonna play a little tongue-in-cheek here.
Can you play that cut again, Jason?
Now, just if you didn't have the verbi, what does it sound like he's saying?
I have to listen.
Mr. President, what do you want to get right to do with any piece of paper?
Yeah, it's true to your Congress.
What are you gonna do?
What did it sound like?
I can't figure him out.
To me, it sounds like he's saying I screwed the economy and the environment.
Well, he did, actually.
I mean, I don't know what to do.
That would be the more truthful statement.
No, he did I could hear cure.
I did hear it.
And but I've got my headphones blasted up with an amplifier, uh, considering all these years on radio, I can't hear a thing.
Um, you know, now according to a Fox News report, Kamala Harris's campaign, they want to blame Trump, you know, whose last day in office was, you know, what, three and a half years ago for Friday's bad jobs report that helped trigger this, along with the economic reports on Thursday, and we're not expecting other good reports either.
Two-thirds of Americans are saying soaring costs are keeping them awake at night.
I'll tell you what's keeping me awake at night is this election.
Uh Donald Trump labels this the Kamala crash.
He's right.
Because I I I will tell you, so Hannity, it's the Biden Kamala crash.
If you're gonna be fair, I am being fair.
Okay, it's the Biden Kamala crash, but it's the sense that this is so the race has tightened as as I predicted and I told everybody would happen.
When I wrote my article right after the debate, going into July 4th week, I could barely relax, and I didn't want to be on vacation, but I promised too many people the vacation, paid too much for the vacation, and I would have been killed by my family and and my kids and my friends.
So I'm on vacation, but every chance I got a way to escape from everybody, I was on my phone and I was typing away.
And Linda, you can attest to the fact that I not annoyed the crap out of you and Blair and Tiffany TV and everybody in between.
You can say I don't think I would say that you annoyed us.
I think you were just unfortunately the news was really intense, and it just always comes at the wrong time.
And so I'm I I decided to write this piece for Hannity.com and Fox News.com also.
And anyway, I was what did I say?
I said, whoever, if Joe gets replaced, the next person is gonna be viewed as the second coming of Jesus.
I actually said it.
It's down nearly eleven hundred still.
It's it's been hovering anywhere between 800, 850, and 1100 all day long.
Um but you know, when the Dow Futures came out today, I mean in the SP, I mean, we're we're talking about just go back to other markets.
Go back to the Japanese stock market.
It literally lost 12% of its value in a day.
The worst day since Black Monday in 1987.
You know, that was the Black Monday crash for Wall Street.
And it's all based on fear of a U.S. recession.
You know, Fox Business has a piece out today.
The parents are putting off paying their bills, buying groceries for back to school expenses, families and children in elementary school through high school plan to spend 874 bucks.
You gotta buy your Kids' supplies and clothes and sneakers and all this crap.
You know, just typical typical costs of you know life.
Goldman Sachs economists raise limited risk to U.S. recession fairly dramatically.
Elon Musk is saying the Fed is foolish for not cutting interest rates yet.
Well, you're paying more than twice what you were paying under Donald Trump for interest rates.
I told you it was slow.
I kept saying it'd come to a screeching halt.
It's come to a screeching halt.
And then I said sale of pre-existing homes would also come to a screeching halt.
Nobody's going to want to give up a 2.9%, 3%, 3.5% 30-year fixed rate mortgage for a 7% one is not going to happen.
Nancy Pelosi's out there saying that the presidential failure of Joe Biden deserves to be on Mount Rushmore.
Even Leslie Stahl of 60 Minutes had to check when she said that.
So he was in a good place to make whatever decision, the top of his game.
such a consequential president of the United States, a Mount Rushmore kind of president of the United States.
Want to know what comes next.
Are you really saying that he belongs up there on Mount Rushmore?
Lincoln and Joe Biden.
But you got Teddy Roosevelt up there, and he's wonderful.
I don't say take him down, but you can add Biden.
I don't say take him down, but you can add Biden.
We'll get right on that.
I'm sure the American taxpayers would love to pay for that.
Anyway, these these are consequential times that we're living in, and they're actually scary.
This is the most radical extreme and dangerous presidential candidate that we've ever had in our lifetime.
Ever.
And I will tell you, we better pay attention.
And now we're also on the brink of war, which I'll get to in a second.
By the way, there was this moon, you know, this Rachel Scott moment that took place trying to just go after Trump right out of the box.
And anyway, apparently does anyone ever ask Kamala Harris, close friend with with somebody that was spouting, you know, racial comments herself.
I don't know.
You ever hear of Cora Masters Barry, an appointee of Muriel Bowser, longtime civil rights activist, and Melanie Campbell leads the National Coalition of Black Civic Participation.
They visited the White House more than 50 times combined during the Biden years, including nearly a dozen visits with Harris and her staff, according to Fox News Digital.
This is on Fox News.com.
Weeks before Biden and Harris were sworn into office, Barry and Campbell participated in a public Zoom call in which they made, well, rather controversial statements about Donald Trump supporters, used an expletive against white voters.
And uh we have to change our strategy.
We got to get our people.
They've got to get, they got their people.
They got all the trailer parks all covered.
And we're sitting here talking about the white women.
F the white women.
Listen.
We have to get up.
They got their people.
They got all of trailer parks all covered.
All of the people of an out uh uh up in the uh in West Virginia in the hills.
They covered.
They got him all the way down to Wall Street.
He did that.
And we shouldn't have lucky.
White women, excuse me.
Forget the white women.
They're gonna do what they would white men tell them to do.
Anyone gonna ask Harris that question or other extreme radical positions that we keep playing of her in her own words?
Anyone ever gonna play any of this?
I know we're on the verge of waiting for her big announcement who she's gonna pick for VP VP.
Josh Shapiro is on defense after his old uh anti-Palestinian editorial surfaced.
All of this op research on Josh Shapiro, you need to know is coming from the left in this country.
Now we're told that she interviewed Josh Shapiro and the governor of Minnesota Waltz, and I guess Mark Kelly in Arizona.
But they are making the announcement for they're having their first rally together tomorrow in in Philly.
So we'll be covering that, which makes you think it's it's in all likelihood Josh Shapiro.
But anyway, he's now defending just the news.com had this his Israel-Palestin conflict op-ed that he wrote in college that has resurfaced and the op-ed expressed skepticism about the prospects for peace in the Middle East, placing blame on the feet of the Palestinian people.
Remember Michael Moore said whatever you do, don't pick don't pick Josh Shapiro.
He he claimed that Josh Shapiro compared the protesters on college campuses with the KKK.
He's against the BDS movement.
One interesting side note that you know Kamala Harris makes this comment about is a balance between being tough and being well the B word.
Listen.
And as a woman there's a balance to be struck between being tough and being a it's only worth playing because of the giggling vice president.
Somebody's had a turnover rate higher than 90% and we told you the report last week about a staffer that said they were not allowed to look Kamala Harris in the eye when she was attorney general out in California.
By the way what is uh for Chicago for 10 for the Harris presidency Heather McDonald wrote a piece today I preview the DNC convention let's see 19 fatally shot 100 wounded over the July 4th weekend.
Wow they've done so much to stop crime there.
But we see with Joe Biden he should be on Mount Rushmore.
Okay.
Gorsich had an interesting and stern message when asked about Biden's radical Supreme Court proposal supported by Kamala Harris and he said be careful and he said you know if they're for the moments that when you spotlights on you and the government's coming after you and you don't want a ferociously independent judge and a jury of your peers to make these decisions isn't that your right as an American I just say be careful.
In other words they didn't like the Supreme Court immunity decision so now they want to take out if they can the Supreme Court justices and term limit them and put restrictions on them.
Biden Harris administration has now moved to make it easier for illegals to jump the border yes you heard me correctly this was a headline in the AP yesterday in a win for Mexico the U.S. will expand areas for they say migrants I say illegal immigrants to apply online for entry at the southern border if you go and flash back March 2021 MBC CBS report Joe Biden appointed Kamala Harris to stem the migrant migration tide
at the southern border and we have montage after montage of the mob in the media state run media referring to as the border czar they also have I mean what else do you want what else do we need to do here?
Now team Biden did stop the program that flies illegal immigrants from Cuba, Haiti, Nicaragua, Venezuela to the U.S. after the Department of Homeland Security uncovered massive fraud by the program's applicants uh did anyone really doubt they'd be fraud when everybody says the same thing that they're being told to say that allows them to get quote this this consideration to come into this country illegally is unbelievable the times we're living
fantastical that's one way to put it this is the most radical extreme dangerous president vice president we've ever had and the democratic party nominee is by far the most dangerous radical and extreme candidate we've ever had in american history and if you think the news is bad about today's stock market sell-off and collapse of the market if you think you know bring on the brink of
Middle East with Iran and Israel, which I'm sure will include Hamas and Hezbollah and the Hooti Rebels.
If you don't think any of this matters, you better pay very close attention.
Kamala Harris, there's a balance between being tough and being what?
You know, she wants to raise taxes for corporations, raise taxes on the rich.
She's willing to get rid of the filibuster to pass the Green New Deal.
She supported AOC's 70 to 80% tax rate.
Joe Biden just, you know, lied to America by saying, you know, I saved the economy.
You know, you didn't save the economy, you killed the economy.
If you don't believe it, look at the except for maybe Palm Beach, Florida.
I think the price of Mar-a-Lago is a little higher than $18 million.
That lie that was told repeatedly.
Jared Bernstein was saying late last week on Friday, he's the White House economic advisor regarding the July horrific jobs report.
Oh, I don't see any recessionary signals.
Just like they told us that inflation was transitory.
Just like they said the border was closed and secure.
The acting labor secretary's reaction, Julie Sue, to the jobs report.
Oh, we're definitely not in a recession.
Well, and then, of course, all the lies.
It's transitory.
It's not transitory.
800, 941 Sean is a number as we continue.
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Now I'm Carol Markovich.
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We've been around the block in media and we're doing things differently.
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We'll keep you informed and entertained without ruining your day.
Join us every Tuesday and Thursday.
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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.
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