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April 8, 2025 - Sean Hannity Show
34:32
Story of Two Allies - April 7th, Hour 3
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You know, first of all, the Democratic media's predictions of Wall Street Black Monday, a bloodbath seem to have fizzled today.
It doesn't mean there won't be some hiccups because what Donald Trump is doing is out of the box.
It breaks what is decades, 50, 60 years worth of stupidity, which is allowing both friend and foe countries to put these massive tariffs on us.
And it is a shock to the system.
Wall Street doesn't like shocks to the system.
But, you know, I go back to what I said earlier in the program.
Number one, new poll by the Daily Mail completed after the president announced his tariff policy.
Yeah, his approval rating went up four points, 53%.
And most Americans are not impacted by the stock market in major ways.
Most people, a lot of working men and women have IRAs, but it's not something that they're going to be touching in the next five or 10 years.
Otherwise, usually if you're five years out, any good financial advisor is going to tell you, okay, time to put it.
Now it's about wealth preservation, and you got to manage how much risk you are willing to take.
If you go in the stock market, you're willing to take a risk.
I have not been a market person most of my adult life.
I don't like the uncertainty of it.
I don't know.
I just prefer something I could feel and touch, bricks and mortar.
And that's just my own personal, that's just my own personal belief system.
You know, there was not that long ago, you can get a one, two-year treasury for paying five plus percent return, which is not only wealth preservation, but staying ahead of inflation at that point.
Scott Besson pointed out 88% of the stock markets owned by the wealthiest 10% of Americans, and they're the loudest ones.
That's why I'm more confident than ever.
The people that work in Wall Street, you know, remember a lot of these guys that work on Wall Street, they make money when the stock market goes up and they make it when the stock market goes down.
Linda, true statement or false statement?
They do.
Joe Biden liked Trump's 2018 tariffs so much that he not only kept them in place, he increased some of them.
Oh, how come there wasn't a panic then?
And now that China put a 34% increase above their already long-term trading abuse and intellectual property theft and saber rattling, I predict even the Chinese, they're going to want access to American markets.
And that is where the strength of the president's position lies right there.
But they were predicting.
And by the way, why anybody would ever listen to this dope Jim Kramer on CNBC is beyond any comprehension I have.
You ever watched the guy, Linda?
He's like the dumbest guy on Wall Street.
I don't dislike the guy.
I actually think he's reckless and he's dangerous to people because they listen to him and they actually think he knows what he's talking about and he does not.
I'm getting out of crypto.
What was that at like $40,000, $50,000?
Probably less for everybody.
It's ridiculous.
Okay, it's on the downside at $78,000.
Don't worry me about me getting wet when I can look out the window and see it's raining.
Do me a favor, please.
Yeah, exactly.
Anyway, so he was one of the people out there predicting a Black Monday bloodbath.
Okay, so the Dow was down today, 345.
NASDAQ was in positive territory.
And I'm not jumping the gun.
I think things can, you know, will be a little topsy-turvy while people, the market absorbs, what is going to be and what will become a new normal.
It will become a new normal.
That's why, as much as I really do like Bill Ackman, I like him a lot.
I think he's very, very smart.
He wanted a 90-day break from this.
And I'm like, a 90-day timeout to give people without the pressure.
They're not, this is where my area of disagreement with him.
And it's slight.
If you give them a 90-day timeout, they're going to think Trump's caving.
And I don't think that's the whole purpose of this is to make the world know that if that they have a choice, free, fair trade, open markets to the U.S., but it's got to, we've got to have free, fair, reciprocal trade back with them.
If they want to tariff us, we're going to tariff them back.
It really is that simple.
And this is our outlet.
You know, Germany, the car example is the perfect one.
10% tariff.
We only charge them a 2.5% tariff on their cars.
They charge us 10%.
Then they've got a value-added tax, a national sales tax.
That means that any American-made car is 30% higher than what the sticker price would normally be.
That's why they sell nearly 10 cars to our one car.
Germany sells 10 cars in America to our one car being sold in Germany.
It's unsustainable.
Now, one point that Ackman makes that I kind of agree with is, and I know he relies on his advisors, but I think they should acknowledge, maybe make a slight course correction in as much as I think that when we talk about tariffs, we should only talk about tariffs.
There are other calculations in the reciprocal tariff chart, which, by the way, are legitimate, but I would bifurcate it out separately so people can understand it.
People understand free and fair trade versus reciprocal tariffs.
That would be my only, and that's not even really a criticism as much as it is that.
Or you can be of the mindset that, well, we could do nothing and let America continue to get ripped off.
I mean, really, our friends in Japan, 200-plus percent tariff on rice.
Okay, why?
Why do we have 200-plus percent after we sell X small amount of dairy products to Canada?
Why are they whacking us with tariffs?
You know, why are European Union countries hitting us with all these tariffs?
When in each instance, we provide for the national defense and the security that they need as they all battle their various enemies.
So let's be real here.
You know, and the president made a couple of points today that nobody's paying attention to.
Wholesale eggs.
Remember, he came into office day one.
You said on day one, egg prices are coming down.
Yeah, egg prices have declined 43% since Donald Trump became president.
Oh, why would we give that?
We have cattle ranchers.
You know, they're very, very happy about this because they don't have access to some of the markets around the world.
And there's basically a boycott on that.
And the same thing with our dairy and our farmers and our produce and our dairy and our poultry in this country.
And so if you look at the people, if you work in the auto industry, if you work in manufacturing, if you're a rancher, if you're a farmer, if you are basically if you work for a living, you're going to do better.
Vietnam, Taiwan already capitulate, offer to remove all U.S. tariffs.
Israel has done the same thing.
The president mentioned today 50, 60 other countries are begging.
Over the weekend, it was 50.
Now, I believe the numbers up to 60 countries coming to the U.S.
The Agricultural Secretary Brooke Rollins said it.
U.S. Commerce Secretary Howard Luttnick said it.
Elon Musk, he's right.
He hopes, and they tried to create a wedge between Elon and President Trump.
What Elon is saying, he hopes for zero tariffs free of the trade zone between the U.S. and Europe.
Well, I hope for the same thing, too, but the decision is going to be Europe's.
It's not going to be ours.
You know, and Politico had an interesting piece today.
You know, how Trump may get away with it.
And many countries are sifting through the details, but I can't be the last one to reach a deal with Trump because if I'm the last one, then I'm the one who's going to get screwed.
One foreign diplomat said, like others, the diplomat was granted anonymity to be candid about the sensitive issue.
If I'm the first one to reach the deal, then it might be the most advantageous possible thing compared to other countries.
It'll pay off.
They're taking him seriously.
For four years, they've basically run roughshod over this country and over the president of the United States.
So literally for decades and decades, this has been the policy.
Okay, a little shock to the system.
I can understand.
Little shock to the system.
I know the institutionalists and those that live in Washington, they're not used to it.
We're actually going to hit something else.
I'm so tired of kind of talking about tariffs, to be very honest with you, because I think this is going to play out naturally.
And I just say you got to give this a little bit of time to kind of penetrate into the consciousness of people, not only here at home, but abroad.
And people are going to understand pretty soon this is a new normal.
And meanwhile, the radical left, their support of domestic terrorism, their silence against domestic terrorism keeps getting louder and louder.
I mean, they're bringing out old hippies like Joan Baez and Neil Young joining Bernie Sanders and AOC for their anti-oligarchy rally in LA.
What is an anti-oligarchy rally?
They had these protests all over the weekend.
We've got some great tape we're going to show you on Hannity tonight.
And on the other hand, as domestic violence continues around the country, a pregnant female Tesla driver was seriously injured after an unknown attacker shattered the windshield with a rock.
And these people are nuts.
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But the left has just gone absolutely nuts.
James Carville, with all due respect for the guy that accused, I think Trump has syphilis.
I'm like, okay, whatever, James.
He's lost his mind.
He's the guy.
Here's why Kamala Harris can't lose.
So his prognostications are not particularly where they once were.
This is a guy that was part of an administration that understood triangulation and understood the era of big governments over and the end of welfare as we know it.
So take that for what it's worth.
He's now, he says, Trump collaborators, you know, saying, well, let me just play it for it and I'll explain it.
Do you know what's going to happen?
Do you know how this ends?
Do you know what these collaborators with the country is going to feel toward collaborators with this regime?
Maybe you need to go in history and see what happened in August of 1944 after Paris was liberated.
They didn't take very kindly to the collaborators.
No.
It was not a very pretty sight in the streets of Paris.
I'm not saying that these people should be placed in pajamas and have their heads shaved, march down Pennsylvania Avenue and spin up.
I'm not saying that.
But I'm saying that that did happen.
And I'm saying that these people betrayed the French nation in the same way that I think that these law firms and these giant corporate conglomerates are betraying the United States.
And we're going to continue talking about collaborators.
I think I'm going to start here as we go forward and give it a little bit of time, but we should have a collaborators hall of fame.
There's some people that just stick out.
I can't take it.
If you're like Trump or if you were involved in some of the lawfare against Trump and you're coming to a settlement, you're a collaborator or else you're going to be treated like a Nazi.
Chuck Schumer claims, well, Trump may not be an anti-Semite, but he certainly tolerates it because somebody called him Schumer Fuhrer.
I don't even know who's up.
Bernie Moreno said it.
And I'm like, is this the same Chuck Schumer that has been sitting idly by and doing nothing while leaders in his party are so openly pro-Hamas and anti-Semitic?
We don't need lectures from him.
But that's the radical left today.
Anyway, I think he's worried anyway because AOC is now ahead of Chuck Schumer by double digits, 19 points, 55.
What was it?
I think it was 55.36 in a poll that came out last week.
I think AOC is going to primary Chucky.
I really do.
I think that's coming.
And the left is just full of rage.
We're actually going to delve into this very deeply tonight, and that is the rise of the radical left in this country.
They are now, I mean, with their protests, and this does not represent the mainstream, they are now accepting violence from Hamas.
They are sympathetic towards those that have murdered, raped, been responsible for kidnapping, beheadings, and torture.
The radical left sits idly by while Tesla dealerships are being shot at, while Tesla cars are being firebombed, while Tesla charging stations are being firebombed.
These are the ones that are calling for violence, and yet they're the very people that for five years lectured the country about January 6th.
They're the same people that said the riots in the summer of 2020, 574 of them were mostly peaceful.
And we're supposed to take them for, you know, for their word that they're against violence.
No, they're just, they're only peaceful when it works for them.
They're only peaceful.
Let's be blunt about this.
They're only peaceful when it works in their benefit.
And they win elections.
And all of a sudden, they can be peaceful.
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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.
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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.
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?
Yes, that's right.
Lock her up.
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All right, 25 now to the top of the hour, 800-941 Sean, if you want to be a part of the program, Prime Minister Netanyahu back in the White House today.
Why does my gut tell me that he's there for a very specific reason that we probably won't know about in the short term, meaning the next week or two?
Anyway, Israel's been under attack.
It's been going on over 18 months.
Tens and tens of thousands of Israelis are in desperate need, dire need of humanitarian assistance.
They're taking missile fire.
They're fighting for their very existence against radical Islamists that attacked them October 7th, 2023.
On top of that, this threat never seems to end.
And thankfully, there are groups like the ones we have partnered with, the International Fellowship of Christians and Jews.
Not only do they provide that life-saving humanitarian aid and security essentials, but your gift is providing bomb shelters, black jackets, bulletproof vests, first responders, armored security vehicles, ambulances.
I mean, their need is so great because this battle, this war, is real and that reality exists for every Israeli.
Anyway, whatever you can do to help our friends in Israel, please give them a call right now.
It's 888-488-IFCJ, 888-488-IFCJ.
Or on the web, it's one word, supportifcj.org, supportifcj.org.
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And you get to pick the Tesla of your choice, which is the greatest driving vehicle of all time.
So I took my kids this weekend, Linda, and I took them.
Well, first we played a little golf, which is weird because I never have time to play golf anymore.
I didn't play bad for somebody who doesn't play much, hardly ever, as a matter of fact.
But anyway, so we were playing a little golf.
And anyway, then we got something to eat, which was pretty cool.
And then I'm getting my car.
And I said, like, watch this.
It was in a parking lot.
I don't know, pretty far away.
And I summoned the car to drive to me like a valet, except nobody's in the car.
And then I put it, then I drove my kids, and this thing goes from zero to 60 in 1.99 seconds.
And this thing's got over a thousand horsepower.
And they were like, freak it out.
Then I put it in self-drive mode and I just, you know, take my hands off the steering wheel.
I don't know.
I'm not touching the brake.
I'm not touching the accelerator.
Nothing.
And it's making right turns and left turns and changing lanes and putting the blinker on.
I mean, they were just blown away.
My daughter goes, wow, the future's coming.
I said, honey, the future is here, right here in front of you.
They like it.
They were blown away by this technology.
It is the roominess like in the car, though.
How is it?
It's awesome.
It really is.
You could easily fit four people in the back.
It's very comfortable.
And I got the S-plaid, but whoever wins the contest can get whatever they want.
I'm going to be buying one lucky winner a Tesla.
So I'm pretty excited.
I love to give stuff away.
Do you want to hear something funny?
Our friend.
Your car broke down and you need a new car?
That piece of job keeping driving for 50 years?
No, no, no.
Our friend Tim Stewart, who's the president of the U.S. Oil and Gas Association, obviously pretty friendly on guest cars and so on and so forth.
And this weekend, he texted me, sent me his tweet, and he was like, we went out and bought a Tesla because we want to buy an American-made car.
And we're so disgusted by what they're doing to Elon.
He said, I don't care if I'm the president of the U.S. Oil, Petroleum, and Gas Association.
He's like, I'm going to go out there and support what they're doing for America, which I thought was very cool.
It's the most American-made car in our country, meaning more parts.
It made in America.
It's not 100%.
It's about 86%.
I think Ford is about 80%.
I'm not sure GM's in the 70s.
And in fairness to even some companies like Honda and Toyota, they do have plants here that create high-paying career jobs for Americans and they build their cars here.
But there is a profit center that goes back to another country.
I'm all about buying American, and I have been my whole career.
And I remember early in my career taking guff from people saying, yeah, but those cars aren't, you know, our cars aren't as good.
American manufacturers have caught up.
But Tesla's in a whole league of its own.
This is an entire different experience.
It's the coolest thing I've ever driven in my life.
It is the best muscle car I've ever driven.
And, you know, my friends are all muscle heads that I've driven all their cars because they're obsessed with it.
And when I tell them that my car will beat them zero to 60, you know, and I, and on a drag race or in a real, a longer race, and I show them videos of Tesla, the S-Plaid, beating Bugatti and even my beloved Corvette Z06 with the Z07 package and Ferraris, they can't, and Porsche's, they can't believe it.
Anyway, to our phones we go.
Diane in Florida.
Diane, how are you?
Glad you called.
Thank you for your patience.
Oh, thank you so much.
I appreciate it, Sean.
I just wanted to share some thoughts on the stock market impacts due to the tariffs predominantly.
And I want to first say thank you for allowing dissenting opinions to come onto your show because I'm probably in a different position than many others maybe who have called in and maybe even your position.
I am 67 years old.
I recently retired.
I have mowed grass for a living.
I have waited on tables for a living, retired as an officer with a large company because I worked very, very hard.
I never asked for a penny from the federal government.
I've been a Republican as long as I can remember.
I've never been anything else.
And I have been a steadfast supporter of Trump.
And I'm trying to maintain, as best that I can, that level of support.
I know I'm speaking for, well, I'm not speaking for others.
I'm speaking for myself.
But I do know of multiple others who are in the same position that I'm in.
And I just wanted to share my view because I do think Republicans are in trouble.
So I have invested in the stock market pretty heavily.
I live off the proceeds.
That's how I've been able to afford the lifestyle that I have, which I don't go on a lot of vacations.
And I have, as I mentioned, lived below my means for many, many years so that I could do this.
Now, this issue with tariffs, in my opinion, it's not the what that I disagree with, it's the how.
In my opinion, what Trump has done, it's been, in my opinion, sloppy, taking the tariffs, the percentage rates of all these companies, having it, and then implementing it.
The night before he was announcing it, he did let all of us know that it was going to be great news for us.
It was going to create a lot of wealth for all of us.
He was going to be nicer than what he initially had planned.
And then all of a sudden, this happens and completely wiped out a very large portion of our investments.
Enough, frankly, and I feel fortunate in a way, but enough to I could pay cash with what I lost for a brand new Lakefront home.
And I'm not happy about that.
I'm not happy, not because of the what, but the how, to let Americans know this is going to be great news, that it's going to create wealth for you as Americans.
I'm going to be nicer than planned.
So I'm thinking, fat, dumb, and happy, that I'm not going to lose my shirt the next day and then continue to lose other clothing items through the week, because that's exactly what happened.
I think that Trump has been unfortunately disingenuous.
He's not going to stay on the campaign trail, vote for me and you're going to lose your shirt.
I would never expect him to say that.
But frankly, the way the tariff process was implemented and how he communicated it, what it did is it took people like me off guard where I could not effectively plan so that I could manage through the implications of the tariffs.
That's my concern.
Had he been more, had he been honest with us, had he that night before he announced it said, listen, this is going to be a shock to this country.
It's necessary.
Long run, it's going to be good for you.
But he did say that.
He said all of that part.
No, he wasn't clear enough, Sean.
He really wasn't.
He minimized.
He's used the words, it would be short-term pain.
And at one point, even said Americans will have to withstand that.
And then the growth part would come on the other side of it.
Listen, I don't want to be unsympathetic towards where you are with your investments.
Hannah, can I just ask you a couple of questions?
Sure.
And I did want to say one other thing, if you don't mind, too.
Go right ahead.
Of course.
In my opinion, and I've been a steadfast supporter of Trump.
I voted for everyone that he suggested in my jurisdiction.
And I will tell you, for whatever this is worth, for me anyway, as a voter and my husband and many of my friends, if this market isn't cleaned up very quickly, like within a few months, back on track where it was and moving forward, the midterms are going to be implicated very negatively for Republicans because even if he fixed it today,
there's going to be residual negative sentiment toward Republicans as far as their ability, not their ability to identify what needs to be done, but their ability to execute in the most effective way for Americans.
So I'm one of those people who, if it's not really cleaned up very quickly, and when we face the midterms, if I don't feel that we've made up for lost time, then I've never felt like this, but I know who I am.
I know what I stand for.
I would not bring myself to.
All right.
I've given you a lot of time.
Diane, I got to ask you questions because I hear what you're saying.
Now I want to address it one by one.
How did your stock market, how would your portfolio perform under Biden, especially when you account for inflation?
Actually, under Biden, compared to Trump, I was probably about 3% or 4% off every year.
So it performed better under Trump.
Well, Trump, after Trump went up 60% in four years, the NASDAQ doubled in four years.
You know that, right?
Right.
And 60% is what you're saying.
You did not come anywhere near when you factor in inflation, Biden inflation, you didn't come anywhere near the returns you got on Trump's first term.
Let's start there.
So you already made a lot of money on the stock market in those years.
Well, hang on.
No, no, no.
I've given you a long time to tell your story.
We've got to get some facts on the table here.
Okay, good.
Now, when you invest in money, do you talk to a financial advisor or do you do it by yourself?
I talk to a financial advisor.
Every financial advisor I know, does he not give you this warning that any money that you might need in the next 10 years should not be in the market?
Any money that you might?
No, absolutely not.
No.
Every good financial guy that I know, you have to be very careful in terms of, because stock market, you do know that there is boom and bust, bull and bear, and that there are corrections, correct?
You understand that part.
Of course.
I've been in it a long time.
I'm what I would consider almost an expert at it.
I've been in it that long.
All right.
If you're an expert, then you would know that you have to play longball.
In the end, in spite of the president's, you know, the three-day, you know, the last three days of the markets and the volatility, et cetera.
Now, we have a choice that we have to make as a country here.
Do nothing.
And you see what other countries are charging us in terms of tariffs.
And you see, I use the Germany example.
I can use the Japan example.
Japan, 200% tariffs on our rice for crying out loud.
Japan, 94% of their cars are made in Japan.
Or Canada won't allow seeds to be brought in.
Or after they sell a certain amount of dairy or poultry in Canada, Canada imposes a 250% tariff.
True or false, has friend and foe alike been ripping us off with unfair trade practices?
I'm not complaining about the what, Sean.
I said it's...
Diane, we can't have a conversation if you're not going to answer me.
We are.
Yes, we are.
We've been ripped off really badly, haven't we?
And for the last 50 years, pretty much it's been American policy to institutionalize this.
So the question is, and the choice we have as a country is we do nothing and continue to get ripped off by other countries.
Now, you're thinking about your stock portfolio, but guess what?
Auto manufacturers are thinking about their products and the men and women that work on the line, the UAW guys, they're thinking about their families and their high-paying career jobs.
So farmers and ranchers are thinking about theirs as well.
Here's my prediction, and let's see if I turn out to be right: is that we have over 50 countries, according to Scott Bessant and others in the Trump administration, that now want to negotiate with this country for free and fair trade.
Why don't we let this play out for a couple of months and let's see?
Let's let it play out a year and let's see.
Now, if you don't have the stomach to be in the stock market, I would recommend when it goes back up, and it will, you probably should pull your money out and put it in treasuries because this is what the stock market does.
It goes up and it goes down.
It goes boom, it goes bust, it goes bull, it goes bear.
And I definitely have sympathy for people.
However, it's either that or institutionalized getting ripped off.
And Donald Trump decided to rip off the band-aid and make changes that I think in the end are going to be proven to be well thought out and beneficial for American workers and the American consumer.
But we'll find out.
I'm sorry that some people like you are going through a little bit of pain now, but anybody that puts money in the stock market, know you're taking a risk.
I appreciate your call.
You know, while everyone else wants to talk tariffs endlessly, while the Dow only was down a couple hundred points today, NASDAQ actually in positive range.
I think in the next few days, couple of weeks, things will be back to normal.
The new normal will be, you know, will kind of enter people's consciousness.
We'll have full coverage of this rise of left-wing radicalism.
Joe Conscious, Stephen Miller, Charlie Kirk.
I don't know if you saw what they did to Charlie Kirk's group.
We've got video of it.
Speaker Mike Johnson, Mark Meadows, Horace Cooper, Laura Trump, Seth DVR, Hannity 9 Eastern.
We'll see you tonight back here tomorrow.
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