April 25, 2020 - The Political Cesspool - James Edwards
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You're listening to the Liberty News Radio Network, and this is the Political Cesspool.
The Political Cesspool, known across the South and worldwide as the South's foremost populist conservative radio program.
And here to guide you through the murky waters of the Political Cesspool is your host, James Edwards.
You know, Keith, I don't think we have had a chance to catch our breath on this show since February.
I mean, we have been broadcasting at a breakneck speed as far as I'm concerned, and it has been a busy year of broadcasting, what, with two special series back-to-back, TPC's World Tour in March, and, of course, Confederate History Month in April.
And typically, our typical setup is Keith and I cover the headline news of the week in the first hour.
Then we transition into a guest in the second hour.
And then the third hour is sort of like a utility hour.
Maybe we have a guest.
Maybe we go back and circle back and cover some things.
And, you know, we just have a nice exhaustive.
And we probably have a theme that we are going to explore in depth.
Right.
So that's how we do it.
But, I mean, the whole schedule has just been, it's been a free-for-all.
Very rarely or less than half the time, we might have two guests on a show.
Normally just one featured guest per week.
Sometimes two.
But in the last couple of months, there have been a handful of shows where we have had three guests on a single broadcast.
Now, that might not be a lot for a lot of shows, but we have our standard template that we're creatures of habit here at TPC.
But I tell you what, it has been fantastic guests, fantastic radio.
I want to thank everyone who has appeared on Confederate History Month going back to the first week of this month with Paul Angel and Gene Andrews, Pastor Brett McAtee, John Friend, Mike Gaddy, Mark Weber, Dissident Mama last week, Adrian Davis, obviously tonight with Dr. Michael Hill and David Duke still to come in the third hour.
That is just one month.
And a lot of the people that we've been having on, people like Mike Gaddy, Mark Weber, Dissident Mama, Michael Hill, also Gene Andrews, a lot of these guests that have been on this month have written pro-Southern articles that we have featured throughout the month at our website, thepoliticalspool.org.
So you can go there and really compliment what we're covering here on the show.
And we're going to continue to celebrate Confederate History Month on the blog throughout next week and even the first week of May.
But my goodness, Keith, another thing we haven't done, you know what we haven't done?
We haven't given a proper thank you to everyone who sent in contributions and support in March.
You know, we normally do a roll call where we shout out the cities from which we've received support.
We didn't have a chance to do that in March, and that's always a lot of fun just to hear all of these different towns that support comes in from.
But we have gotten a lot of correspondence too that we haven't gotten to.
I want to thank Alan down in Florida for mentioning his Confederate ancestors and how this is his favorite month of the year on TPC.
And he mentioned his Confederate ancestors.
So we'd like to honor them by mentioning their names.
Private John Davis, Private Henry Raggan, Corporal Larkin Colbreth, Private William Driggers, Private Robert Fort, all ancestors of one of our listeners in Florida.
He said, in anticipation of Confederate History Month, I make a contribution in honor of a few of my ancestors who helped to invent it.
I like that.
So we salute you, Alan.
I want to also thank Keith.
You'll like this.
Tommy down in Georgia sent us one of his CDs that he and his 80-year-old father recorded called Picking and Grinning and Dixie.
And this is just incredible stuff.
We have such a talented audience.
And I want to thank you, Tommy, for sending us that complimentary copy of your CD with all the great music.
Here's Chuck in Georgia.
Hope all is well with you and your family.
Sorry I haven't been able to donate more often.
However, there are many liabilities competing for interests.
And Chuck, you know, we've gotten a lot of letters like this with, you know, the coronavirus and people struggling and having hard times, but they still find a way to contribute.
And folks, I mean, that just means so much.
And we talked last week about a listener here in the Memphis area who's had some health setbacks and then, you know, coronavirus complicating things even further.
But he said he had to make a donation because of Confederate History Month.
Dear James and Keith, writes one of our listeners in Virginia.
I'm writing this early to make good of my pledge to support your vital program each quarter.
I am not in the healthcare profession, but the hysteria surrounding the coronavirus has greatly impacted my line of work too, causing some late nights and creativity in figuring out alternative plans.
I really enjoyed your interview with General Zelchko Glasnovich.
That was, of course, last month.
He struck me as smart, tough, and plain spoken.
Definitely going to add his point that we're not in a suffering Olympics to my verbal arsenal for the future.
It brought a big smile to my face to hear that your wife is expecting another child.
Well, thank you, Mike, for that.
And anyway, just a lot of stuff here on the desk that we haven't had time to get to.
But believe me, whether we mention it on the air or not, and it's impossible to mention everything, we do read everything and we value it and we love you.
And we especially love you during Confederate History Month.
Do we not, Keith?
We're a family.
You know, there's no better word for it.
We consider ourselves to have familial ties with our listening audience.
We love you and we want all the best for you.
And I know you reciprocate towards us.
Well, speaking of family, I read to my children each night before bed.
My wife bought me the entire collection of Aesop's fables.
Now, some of you may be out there laughing, but they actually do have very good life lessons.
I mean, there's nothing funny about that.
I mean, it's historic.
It's a beautiful collection.
I mean, it's just the irony here, of course, is that I didn't know that it informed the decision of judges to the extent that it did until I went into court.
But anyway, we're reading that.
So we're doing stuff at home.
And we're doing stuff at home and we're doing stuff here and here and there.
Like Keith said, we are a family.
And Keith, like I said, we haven't had a segment just to ourselves since February.
What do you think about last month's series, this month's series, all the work we've been doing in the last few weeks, the support of the audience, and how it's all been executed?
Well, we do the same things, but we always give a fresh perspective to things.
We're always open to changing our point of view and to learning, really learning from our experiences.
That's why we had our round-the-world tour.
And I've been doing that in Confederate history, too.
I've really come up with what I think are interesting alternative takes on characters like David Wilmot, for example, the author of the Wilmot Proviso, and even Abraham Lincoln that I'd like to get into a little bit later in this hour of radio if time allows.
But, you know, David Wilmot, for example, let me just get into him.
He was a, I think, freshman representative from Pennsylvania after the Mexican war had been won by that notable Tennessean, James K. Polk, the most successful president in the history of the United States.
In one term, he settled the boundaries advantageously for the United States with both the northern boundary with Canada and Britain and the southern boundary with Mexico and doubled the size of the United States and was instrumental in ending the central bank of the United States.
Too bad that we had to come back even worse than it had been before with the Federal Reserve in the 20th century.
But Wilmot wanted to make sure that there would not be slavery in the Mexican session, the new lands from Mexico.
But he did it for an interesting reason.
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Why don't we say to the government, writ large, that they have to spend a little bit less?
Anybody ever had less money this year than you had last?
Anybody better have a 1% pay cut?
You deal with it.
That's what government needs, a 1% pay cut.
If you take a 1% pay cut across the board, you have more than enough money to actually pay for the disaster relief.
But nobody's going to do that because they're fiscally irresponsible.
Who are they?
Republicans.
Who are they?
Democrats.
Who are they?
Virtually the whole body is careless and reckless with your money.
So the money will not be offset by cuts anywhere.
The money will be added to the debt, and there will be a day of reckoning.
What's the day of reckoning?
The day of reckoning may well be the collapse of the stock market.
The day of reckoning may be the collapse of the dollar.
When it comes, I can't tell you exactly, but I can tell you it has happened repeatedly in history when countries ruin their currency.
Hey, listen up.
This is a deep state alert.
Former Texas Congressman Steve Stockman, who moved to arrest Lois Lerner for contempt of Congress, has been imprisoned by the very office that Lerner led.
You heard right.
Stockman hit the Obama administration hard and they hit back with the full force of the federal government.
The guy who said he wanted Mark Levin as Speaker of the House was the first to threaten Obama's impeachment, exposed Hillary's selling steel to the Iranians, and blocked both Obama's immigration and gun bills from even reaching the House.
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To get on the show and speak with James and the gang, call us toll-free at 1-866-986-6397.
And now back to tonight's show.
Keith Alexander and I are offering some parting shots on Confederate History Month 2020.
I want to thank again all of our great guests, all the great correspondents.
This is a piece of correspondence that I'm holding in my hand now included a quote from Robert E. Lee.
What a quote.
One to live by for sure.
Robert E. Lee stated, I am opposed to the theory of doing wrong, that good may come of it.
I hold to the belief that you must act right, whatever the consequences.
And one more thing, folks, in terms of announcements, as regular listeners of TPC know our program aided the restoration efforts.
We've talked about this several times over the years of the Jefferson Davis home in Biloxi, Mississippi, after it was partially destroyed by Hurricane Katrina in 2005.
Now, we were given several hundred fragments of the original slate roof, which had been imported from Wales during the construction of the home, the original construction.
Now, over the years, we have twice used these pieces as fundraising incentives to help keep our work on the air and help keep bringing these Confederate History Month series to you each year.
And listeners around the world have sent me pictures of how they have them showcased and framed and all of that in their homes.
Really, really great work you've done with the pieces.
But out of all of those pieces that we were originally given, only now a couple remain.
Literally two remain.
And what better time to offer them one last time than tonight as we wrap up Confederate History Month?
So if you or a member of your family would like to claim one of these last two pieces of the original slate roof of President Jefferson Davis's home, email me right now, james at thepoliticals, org.
We have two pieces of this roof left, James at thepoliticals, org.
It's going to come with a certificate of authenticity.
Once they're gone, they are gone forever.
This is your last chance to own this unique piece of Confederate history, a piece of the roof that sheltered the head of our president when he wrote the rise and fall of the Confederate government.
And we've got a great article about that that we're going to be putting up on the blog soon.
It's called A Yankee Apology.
Keith, you read that tonight, I know.
Very thought-provoking.
Let me say that that's something that you ought to be anticipating with bated breath.
It's going to be published this week on our blog roll.
That's exactly right.
So anyway, if you want one of these last two pieces of the slate roof of Jefferson Davis's home in Mississippi, email me right now.
This is it.
Last chance ever.
We're out, and this isn't something you can make more of.
Keith?
Well, I said before the break that I was going to discuss a little bit of historical revisionism, not that I necessarily ascribe to it, but it's interesting to consider all sides of every subject.
One is David Wilmot, the Pennsylvania congressman who was the author of the Wilmot Proviso.
Roger Devlin, writing for the American Renaissance website, had a very good article on David Wilmot in which he points out that Wilmot's proviso, which was that the only way that America would accept the land that was gained from Mexico in the Mexican War would be if there was a proviso to that admission saying there would be no slavery in those lands.
And of course, southern state governments of the time reacted against that as being anti-Southern.
But looking at it from today's perspective, you need to realize that David Wilmot thought that black people and white people could not coexist under the same government, and he didn't want that to happen.
And, you know, that is a very interesting proposition for us to consider nowadays.
David Wilmot may have been on the side of white advocacy back then.
And that's an interesting sidelight, I think, to things like this.
You know, we need to look back and see what was going on.
The thing about slavery is less than 5% of white southerners owned slaves.
Slavery was somewhat like illegal immigration or third world immigration to the United States today.
It was something that the moneyed elite wanted for their short-term benefit.
They wanted to make money now.
And they didn't calculate the cost or didn't consider the cost to society later on of their actions.
That's the same thing with immigration today.
And what that did basically was mess up America in a lot of ways.
It would have been much better, I think we could all say now, if there had never been slavery in the United States or in the American colonies.
By the end of the 20th century, slavery had been legislatively abolished in all of the Western hemisphere.
And it wasn't because of some great moral reawakening.
It was because of practicalities.
With the increased mechanization of farm work, there was no need for armies of slaves to tend large agricultural production facilities known as plantations.
We had the McCormick Reaper, Combines, cotton pickers, things like that.
In fact, I remember hearing at one time that some old Southerner said that the American economy has not known what to do with the black male ever since the advent of the five-row cotton picker.
You know, they're really, you know, you need to consider things like this and think that David Wilmot's thinking may have been ahead of his time in some way.
And it would have been better if, you know, all things considered, slavery, which is an evil, was not going to be part of our legacy, but it was.
Now, the other thing was reading the Barnes Review Defending Dixie.
We bring this up, by the way, because, of course, kicking off our parade of guests during Confederate History Month was Paul Angel.
He was the first guest we had on this month to talk about issues pertaining to Confederate history.
Keith's going to get into the tall grass just a little bit here, but this is in that Barnes Review special edition defending Dixie, which Paul Angel was talking about.
Well, the Barnes Review is a very scholarly group that does the Lord's work and does the work of the angels in going into Confederate history.
But we got two minutes to break down this article.
But here's what it is.
On page 40, there is an article that I found very interesting called The Southerner, The Real Story of Abraham Lincoln.
Did Abraham Lincoln have other things in mind for the racial integrity of America?
Have we misinterpreted Lincoln's intention in regard to the freeing of slaves?
Well, what this is based on is the idea that somehow Lincoln's intention was to repatriate slaves to, or former slaves, to Africa or Central America after the war and that he was assassinated by parties or at the hidden behest of people that didn't want that to happen.
Well, there are several things that we know.
First of all, Thomas Dixon Jr., who wrote a trilogy called The Leopard Spots, The Klansman, and the Traitor, and his middle one, The Klansman, was the basis for D.W. Griffin's monumental masterwork, The Birth of a Nation movie in the 19 teens.
He ascribed to this theory also that, you know, first of all, Lincoln never renounced the idea of repatriating slaves out of the United States.
In fact, in his first State of the Union address in 1861, he asked Congress for a $10 million appropriation to purchase land either in sub-Saharan Africa or Central America for that purpose.
Plus, he had made all sorts of anti-black statements throughout these Douglas-Lincoln debates or Lincoln-Douglas debates and whatnot.
And those are brought up.
Doris Kearns Goodwin, the current historian, wrote a book called Team of Rivals in which he explained this way by saying that he was such an inveterate liar, basically.
He would say anything.
He was kind of like the original Antifa person.
He would say anything to get people on his side about things.
Well, that's why I think, you know, again, with the Runaway Slave Amendment and all of these things he said, we know what he did and that he subjugated the South and that's what their intentions were and that's what they did.
You know, he said all of these things.
But what would have happened if at the end of the war he'd repatriated all the slaves?
I don't think he would have.
I don't think he would have either, but it's very interesting to read this little article.
It's a little, it's called The Southerner, The Real Story of Abraham Lincoln on page 40 of the Barnes Review's Defending Dixie collection that they have.
And let me tell you, it's interesting to consider these things.
Isn't it interesting also that all sorts of people, including radical Republicans, were supposed to be assassinated by John Wilkes Booth's group, but nobody was assassinated except Abraham Lincoln.
All right, we'll be back.
Pursuing Liberty, using the Constitution as our guide.
You're listening to Liberty News Radio, USA Radio News with Wendy King.
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Well, one of the themes tonight has been how we our genetic and our spiritual heritage is transmitted through the generations, going back as far back as you can trace your line.
Well, you all know Gene Andrews, a regular guest.
He liked Michael Hill and so many others.
We have had some first-time guests to join our Confederate History Library.
He has a great article in this Barnes Review defending Dixie.
Gene does, yes.
Gene does on Fort Pillow and Nathan Bedford Forward.
That's right.
But his father, Gene Andrews' father, Charles Andrews, I have a copy in my hand here, thanks to Buddy in Arkansas of an article that he wrote for the Tennessean, which is Nashville's daily newspaper, entitled, Hide the Silverware, the Yankees Are Coming.
And it was published July 28th, 1997.
This is what Charles Andrews, Gene Fathers, writes.
And I think it really helps us put a cap on why we celebrate Confederate History Month.
More historical perspective.
A bright young lady who writes for the Sarasota, Florida Herald Tribune has come up with what has to be the best politically incorrect story of the year.
It seems that when Dwight Eisenhower was campaigning for the presidency in the 1950s, he stopped for an appearance in her Louisiana hometown.
The good ladies of the town planned a big fried chicken picnic for the candidate in his entourage.
A great aunt of the writer was in charge of the event.
When Ike sat down to eat, he looked around for a knife and fork.
Auntie said, quote, you'll just have to pick it up with your fingers, General.
I'm awfully sorry, but the Yankees stole all of our silverware, end quote.
Flinching silverware was a favorite sport of our northern invaders during the war between the states.
Union General Ben Beast Butler, commander of the troops occupying New Orleans, shipped so many crates of silver back home that his own men nicknamed him Spoons.
When this slick-fingered gent died, a writer on the Nashville banner turned out an editorial that is legendary in newspaper lore.
I've misplaced my copy, but I will never forget the lead.
Quote, the fiends in hell are rejoicing tonight.
One of their own is coming home.
Beast Butler is dead.
A friend of mine recently showed me a copy of a letter written by a young Yankee soldier to his family in Massachusetts, quote, tell the girls I have a quart cup of pins, bracelets, necklaces, earbobs, and such, which I will send as soon as I find a post office.
We always go through the secession houses and take anything we want.
Of course, the officers get the first choice of the best stuff, end quote.
After all the trinkets were pilfered, our dashing adversaries then commandeered all the livestock, set the crops on fire, and left the local populace to starve.
These were soldiers.
Old Union generals Bill Sherman in Georgia and Phil Sheridan in the Shenandoah Valley were quite proud of the statement attributed to them, quote, a crow flying over where we have been would have to bring his own provisions, end quote.
And even after the fighting in the war stopped, waves of human slime called carpetbaggers were unleashed on the South to pick its poor bones clean.
And the people say, why do you guys still fight the war down there?
Well, it's no mystery to me.
We southerners are fairly intelligent.
We know we lost the war.
The South was rural, small town, while the North had factories, manpower, all the factories and facilities for making war.
At the beginning of the conflict, the South's population was 9.4 million, including the slaves.
The North's population was 22 million.
The North could draw on four times as many men as the Confederacy.
The North fielded 44% of its manpower.
The South fielded 75% of its.
Why did the South lose the war?
That shouldn't be the question.
The question should be, how did the South hold on for four long years?
In 1897, at the first convention of the Sons of Confederate veterans, General Fitz Lee charged the delegates to revere and defend the honor of the gallant men who fought and died for their idea of freedom.
And by heaven, that's exactly what we're going to do in spite of constant efforts of northern knee-jerk liberals and New South Scallywags to beat us into the ground.
And Keith, that was Gene Andrews' father.
Again, talk about going back in your line and one man being as strong as the other, or even stronger still.
That's why we continue to fight.
That's right.
It's genetic, and so is that intellectual talent that Gene has.
We see where it came from.
Now, you know, we talked about Robert E. Lee's famous comment about not doing wrong under any circumstances.
It reminds me of Davey Crockett's famous comment.
Davey Crockett's comment was, his famous life motto was, I leave these words for others when I'm dead.
Be always sure you're right, then go ahead.
In other words, don't worry about the political consequences or the fallout.
I think Robert E. Lee would have given a hearty amen to Davy Crockett's life model, too.
Well, it's an honor to, well, you know, that you're talking about one of our favorite Tennesseans.
You know, it's an honor to have that genetic payload.
And, you know, of course, we're not direct descendants of David Crockett, but we are direct descendants.
I mean, he's one of our own, though.
We certainly can claim him.
But we are direct descendants of these fighters.
The Scots-Irish, Scots-Irish, and French-Huguenot genetic background.
So, you know, and what they did, they brought the Celts and the Scots-Irish to America specifically to be a buffer between Indian territory and the civilized coastal areas.
And we served that, our ancestors served that purpose very well.
Keith, one of the most stirring things I've ever read was actually sent to me, even though it was written by a Tennessean.
I didn't come to know it until a young lady in Missouri told me about it.
And we'll wrap up officially our Confederate History Month coverage with this Pledge to the South, written by Edward Ward Carmack, who was a United States representative, born in 1858, died in 1908.
This is what he writes.
The South is a land that has known sorrows.
It is a land that has broken the ashen crust and moistened it with tears, a land scarred and riven by the plowshare of war and billowed with the graves of her dead, but a land of legend, a land of song, a land of hallowed and heroic memories.
To that land, every drop of my blood, every fiber of my being, every pulsation of my heart is consecrated forever.
I was born of her womb.
I was nurtured at her breast.
And when my last hour shall come, I pray God that I may be pillowed upon her bosom and rock to sleep within her tender and encircling arms.
Our pledge to the South.
And I hope, ladies and gentlemen, you have enjoyed TPC's coverage of Confederate History Month this year.
Well, and it'll be back next year if you didn't get enough this year, because we're going to do this as Lord willing until life ebbs from our veins.
We're going to continue to honor the South and our Southern heritage.
There's nothing to be ashamed of.
And the more that the left obviously understands the power of these thoughts, that's why they're so intent upon taking down Confederate monuments and statues.
But the more they do that, the more they're going to rekindle the embers in our hearts.
Ladies and gentlemen, if you have enjoyed our Confederate History Month coverage, remember, we are like PBS, but without the budget.
We are listener supported, and we don't have any sponsors, you know, per se.
So if you've enjoyed what we've been able to do, if it has touched you in any way, remember that we do need your support to keep the lights on and the wheels on the wagon, so to speak.
So please remember us.
Please remember us.
We need your help.
Funding a nationally syndicated talk radio program still on the AM airwaves is not free and it is not cheap.
And so if you could remember us, that would be fantastic.
We would certainly appreciate it.
And man, I do love.
We get emails all the time like this one in Brandon.
And Brandon, I'm going to email you.
Perhaps you can come on next week.
Brandon in Colorado writes, I have been enjoying, as always, your Confederate History Month series.
It's my favorite part of the year on TPC outside of your December shows with the Christmas music.
And he writes a great job with hosting Dissident Mama last week.
Well, this is a listener in Colorado, Keith, that really, he says his favorite month of the year is when we do this.
And he's been a longtime listener, several years now.
There are kindred spirits all over the globe.
We get people everywhere from Finland to Brazil who listen to our show and give us similar comments.
Thank you very much, Brandon.
We appreciate your listenership.
You're part of the family, my friend.
It's impossible to cover all the heroes, all the battles, all the deeds.
And I hope, you know, we're just stabbing at it as best we can, just to sort of put our finger on the pulse of what made those people so memorable and so special and why they inspire us and why we should continue to honor them and all that we do and our efforts and the way that we conduct ourselves as men and as leaders and heads of households, all of that.
But I have to say, after tonight, with Dr. Hill and what we talked about and, you know, our best efforts this hour, we're going to transition into some contemporary issues in the next hour.
Then David Duke's going to be on in the third hour to break down his take on this pandemic hysteria.
But I feel pretty good.
If I do say so myself, and I'm not just saying that because I feel satisfied with our efforts this year.
The reason I bring that up is I feel a lot of pressure each year to do well for this particular series because it is so near and dear to my heart.
And I'm trying to honor our ancestors isn't something we take lightly, but I feel like we did a decent job of doing that.
We'll be right back.
Right after these messages, here on the Liberty News Radio Network.
You know where the solution can be found, Mr. President?
In churches, in wedding chapels, in maternity wards across the country and around the world.
More babies will mean forward-looking adults, the sort we need to tackle long-term, large-scale problems.
American babies in particular are likely going to be wealthier, better educated, and more conservation-minded than children raised in still industrializing countries.
As economist Tyler Cowan recently wrote, quote, by having more children, you're making your nation more populous, thus boosting its capacity to solve climate change.
The planet does not need for us to think globally and act locally so much as it needs us to think family and act personally.
The solution to so many of our problems at all times and in all places is to fall in love, get married, and have some kids.
Have we realized the assault against our lives, our liberties, our faith?
To defeat this assault, Christians and all people of goodwill should have strategies to prevail in our faith and principles, which are simple.
No need for a complex formula.
One goal, one aim.
A strategy like the heroic Christians of the past.
We win, they lose.
Nothing less.
Big Q Little Q, The Calm Before the Storm.
By a friend of Medjagoria.
The strategy of heaven revealed.
Big Q Little Q, The Calm Before the Storm.
Available on Amazon.com or by calling Caritas in the U.S. at 205-672-2000.
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Welcome back.
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Well, Keith, I can tell you for sure, without exaggeration, that it's been well over a month since we tackled any topic not related to the South or not related to coronavirus.
But we're going to do our best to see if we can remember how to do that this segment.
I want to say very quickly, though, Gene Andrews' father, Charlie Andrews, we were reading that great article about the Yankees stealing the silverware and why we still fight, was an editorial cartoonist for the conservative newspaper, the Nashville Banner, for years and years.
I want to thank Rich Hamblin for telling me that, and for Buddy in Arkansas for sending me the article, and for Gene Andrews for being who he is, and for his dad for being who he is.
And we got another great article that Buddy sent me, a Yankee Apology, written by, I believe it was James Perloff.
What was his name?
Yes, James Perloff.
This is one of the greatest articles I've read about this.
We've got to publish that on the blog.
It's going to go up to thepoliticalsuppestpool.org this week.
Well, anyway, contemporary topics.
Keith, you and me can afford to buy every drop of oil in the world right now.
Oil has is priced at below $0 a barrel.
I know earlier this week, it was negative $36 a barrel for oil.
I went and filled up my car.
It was sitting on empty.
I filled up my car for $9.
I had a couple of, I had like a 50-cent discount for my reward points at my gas station.
But that taken off the dollar and 10-cent or $1.20 price tag that it was at brought it down to about 70 cents a gallon.
I filled my car up for $9 in 2020.
What's going on with the oil, Keith?
Well, what's going on is basically a price war between the Saudis and the Russians.
The key concept.
Oh, don't tear that up.
Man, that's mine.
Man.
All right.
Well, we'll give you anything.
I tear up my notes when I'm done.
Keith wanted to salvage that note.
All right, keep going.
Well, anyway, cost of extraction are the pertinent concept here.
America has about 30 billion barrels of reserve, and we also have among the highest costs of extraction because of the shale industry.
The shale industry is a way of getting oil out of formerly played out oil wells for the most part.
And it's an expensive process, but it has helped America rediscover that they actually have a reserve of oil.
They wouldn't have it otherwise because it had all been pumped out in past generations and past decades.
Now, Saudi Arabia has a lot.
Russia has a lot.
What country in the world has the most reserves?
Venezuela.
Therefore, why is all this interest between the Russians and America over Venezuelan politics now?
Could it be control of their oil reserves?
Well, basically, Saudi Arabia has very low costs of extraction.
So does Russia.
But Saudi Arabia has an economy that depends entirely on the sale of petroleum products in order to get receipts, to get money in trade.
Most of the people of Saudi Arabia are on some type of welfare, basically.
They get money just for being Saudi Arabian citizens, and they therefore have a lot of costs that have to be met out of their profits from oil extraction.
And oil per barrel has been going down steadily because the Russians will not agree with other OPEC members to restrict their production of oil.
They say they can get by because they don't have an economy that relies totally on petroleum like the Saudis.
They say they can live with $25 a barrel oil for an indefinite period of time, maybe 10 years.
Saudi Arabia doesn't want to do that.
But on the other hand, they don't want to cede a large part of the petroleum industry selling oil to the Russians.
So they continue to produce.
Russia is producing.
Other countries are because OPEC hasn't come to an agreement.
And the United States has been selling more oil to Europe than anyone else, even the Russians.
Well, America is going to be hit the hardest by these low costs because we have the highest cost of extraction, which would mean that we either have to shut down and make nothing or we have to produce at a loss.
And there are an awful lot of people in the shale oil industry, West Texas, all the way to Pennsylvania and whatnot, that are making money from this.
That's why the oil is going down, because there's such a glut of oil that now you basically, if you buy it, you're just going to have to store it because you can't selling it.
The futures of this zero or minus zero per barrel of oil is basically for futures deliverable in the month of May.
And that's why that is happening.
Now, the solution to this was a solution I had recommended long ago, which was America ought to consider its oil reserves a national treasure, and we ought to limit the use of American oil totally for the United States of America.
And we ought to probably set a cap and tell people in America, we will agree that your oil will never cost you more or your gas will never cost more than $2 a gallon and have a captive market for it rather than trying to sell it on the world market.
The way that the Trump administration has been selling our oil, like it's a bargain baseman commodity, is going to deplete even the oil we get from shale much sooner than necessary.
And we need it, not only for economic reasons, we need it for military and geopolitical reasons to have a reserve of oil so that we're not dependent on foreigners for the necessities of modern life.
Okay, so that covers oil.
We're jamming in a couple of contemporary topics just to give us a little training camp before we get back into next month where things will return to a state of normalcy here for TPC.
The executive order Trump issued this week with regards to immigration.
So it came out at first.
It looked like, well, I mean, there may be something here to keep an eye on.
It could be good.
I mean, we know to be very cautiously optimistic at best with Trump.
And then sure enough, by the time it got through the meat grinder, I think we would have been better off had he not done anything.
I think we'd have been better off if nothing had happened.
I illustrated it with Lucy pulling the football from Charlie Brown with Trump playing Lucy and Charlie Brown being the people who believe we're going to get something good from this president on immigration.
But what happened this week with that executive order?
Well, basically, he trots out a tiger.
He says to us, this is your dream come true.
We're going to end all immigration during this coronavirus period.
But after Jared and Ivanka and all the donor advisors they have, that tiger has turned into a pussycat and a pretty emaciated pussycat at that.
Basically, H-1B visas aren't going to be affected.
All sorts of other guest worker programs aren't going to be affected.
He's just not going to buck, at least at this point, with an election coming up in November, his donor class.
So when all is said and done, more will be said than done, as they say.
This should be the motto of the Trump administration on immigration so far.
So we don't know if there was any sincerity when he first announced it, or if it was just a bait and switch to begin with, where people see, oh, this is great red meat.
He's going to sign this executive order on immigration.
Well, that's enough for most people because they're never going to follow up to see exactly how it played out.
And it didn't take long for it to play out.
I mean, it basically played out within about 24 hours.
Well, Trump ought to learn that the proper sequence is ready, aim, fire, not ready, fire, aim.
But what he does is his instincts are good.
He really did want to end this, in my opinion.
But after Jared and Ivanka and these other moneyed advisors got through with him, they basically talked him down off the ledge.
And what we have is something that is an apparent victory, but in practical terms, is a victory for the other side.
We don't want H-1B visas.
That is basically telling us that the jobs that we want for our children and grandchildren, high-paying jobs as engineers, as computer technicians and things like this, are going to go to foreigners because the money class can get them a little bit cheaper than they can get our own people.
The American government ought to be run for the benefit of the citizens of the United States.
I think Trump understands that, but maybe things will change once he's elected and he doesn't have to worry about re-election.
I hope so.
Well, that's a Hope Springs eternal statement, if I've ever heard one.
He hadn't given us anything since the transition team, you know, immediately.
You would think that he'd given away the candy store the way the adversaries have reacted.
You would think that he was the populist of George Wallace for president.
William Jennings Bryan or something.
Well, Keith, I look forward to getting back to normal.
Not taking a break.
We'll still have a busy show every week.
But, man, these two special series, back-to-back, March and April, have been a lot of fun for us to do.
And the fun will continue next week.
And actually, we've already got a full slate of guests booked for the month of May.
And they're going to be coming out.
We're going to have a couple of special hours.
Going to have some of the ladies back on one of those nights.
And we might do a roundtable with some.
You talked about having a roundtable, but you'd had the one on the label.
Well, see, we were going to do another one, but I was supposed to also go out of town when I told you that.
And, you know, of course, everything got canceled.
I had a trip on the street.
You can no longer complain about the price of gas as a reason not to go out of town, all right?
Yeah, you can make it to California on about 20 bucks.
Anyway.
Okay, Keith, one minute to go.
You got a parting shot tonight before we get David Duke on to the third hour.
He's going to be talking about his take on the pandemic.
We haven't waited.
Let me just say this.
The oil industry is key to the United States, but it's also a key resource for the petrodollar for a reason, they do.
Yeah, right.
They call it the petrodollar for a reason.
We really need to watch this carefully, and we don't need to let Trump or anyone else deplete our reserves recklessly.
And I think that's what's been going on.
So, in some ways, this is good, but on the other hand, the people out in the oil patch need some relief.
We need to get some price supports in there for them.