The Trish Regan Show - 🚨BREAKING: Trump ORDERS TROOP EXIT — Italy CUT OFF After Meloni REFUSAL
Aired: 2026-05-01
Duration: 01:10:20


=== Italy Getting Under His Skin (06:27) ===

[00:00:01]  Well, the day has come.
[00:00:02]  For sure, the day has come.
[00:00:04]  The president has now laid down the law in a pretty massive way.
[00:00:07]  Just moments ago, moments ago, you guys, telling a bunch of reporters in the White House, you know what?
[00:00:13]  I've had it.
[00:00:14]  I've really had it with Italy, Spain as well.
[00:00:18]  But Italy is getting under his skin.
[00:00:20]  Perhaps because Italy had pretended to be something, or one Georgia Maloney had pretended to be something.
[00:00:28]  She is not.
[00:00:30]  She seemed like Italy's salvation.
[00:00:32]  She seemed like she had a good relationship.
[00:00:34]  With the president of the United States, but a few things happened on the way to the forum, including a messed up budget deficit.
[00:00:41]  She's bringing in 500,000 new migrants into Italy and can't seem to pay for all their benefits.
[00:00:47]  And gosh darn it, their deficit to GDP is out of control to the point where she actually risks getting her country kicked out of the EU.
[00:00:55]  Maybe that's why she's suddenly singing their tune.
[00:00:58]  Well, this president's not having it.
[00:01:01]  Welcome to the show.
[00:01:02]  Make sure you share, like, subscribe, make a comment.
[00:01:04]  I see it all.
[00:01:06]  I want to tell you, he's had it with these two.
[00:01:08]  Italy and Spain, watch out.
[00:01:11]  Italy has not been of any help to us.
[00:01:15]  And Spain has been horrible.
[00:01:19]  Yeah, okay.
[00:01:21]  Georgia Maloney, not the best picture of her.
[00:01:25]  I didn't pick it.
[00:01:25]  That's like her official portrait.
[00:01:28]  I think she needs to talk to Melania and get a few lessons in photography.
[00:01:32]  Anyway, Georgia Maloney, you know the drill.
[00:01:36]  I mean, she was great.
[00:01:38]  She was great.
[00:01:39]  And then all of a sudden, she wasn't.
[00:01:41]  And it's like, what happened?
[00:01:43]  The president was quoted in Corriere della Sera, which is their version of the New York Times in Italy.
[00:01:52]  And he was quoted just a few days ago saying he's shocked, absolutely shocked by one Georgia Maloney.
[00:02:00]  Like, what has happened?
[00:02:01]  She's done this complete 180 unbelievable stuff.
[00:02:05]  She wouldn't allow us access to that base in Sicily, the Sigonella base.
[00:02:10]  We built it.
[00:02:11]  Okay, just to be really, really clear, it's sort of our base.
[00:02:15]  Like, we built it.
[00:02:16]  And it's the only show in town, if you would, in Sicilia.
[00:02:19]  It's driving their whole economy, on top of which we built a whole lot of other bases there.
[00:02:23]  In fact, I was looking this number up estimated annual U.S. costs in Italy, guess what?
[00:02:30]  $2 to $5 billion a year.
[00:02:33]  That is how much money we are spending.
[00:02:36]  Okay, that's direct U.S. costs.
[00:02:39]  So we're talking about the personnel, the roughly 13,000 people that we have there, the operations that we have, the maintenance costs.
[00:02:46]  We are spending.
[00:02:47]  Per congressional records and some Pentagon records, dod.
[00:02:51]  Actually, they don't actually lay this out so clearly, so you have to do a little bit of research to piece this one together.
[00:02:56]  But it's somewhere between two and five billion dollars that we spend on Italy alone.
[00:03:03]  I mean, we're spending tens of billions of dollars in Europe overall and we're spending it to keep up all of these bases.
[00:03:10]  You see them all on screen.
[00:03:11]  I realize it's a little hard.
[00:03:12]  Maybe I can make this a little bit bigger for those of you uh, watching on a television screen, you might be able to see it a little bit more.
[00:03:17]  I'm actually making it bigger on my end as well, so I can see it with you.
[00:03:21]  But basically, these are the U.S. Bases that we've got in Italy, and we've got a ton of Them.
[00:03:26]  These are just the five big ones.
[00:03:28]  So you've got one near Venice, Vicenza.
[00:03:31]  You've got one, Aviano, the air base there.
[00:03:34]  You get the naval support there in Napoli, in Naples, the Sicilia one, Sigonella.
[00:03:39]  We just talked about they wanted to use that to refuel before going on to Israel.
[00:03:43]  And she said, nope, nope, nope, and made up some excuse about how the Italian parliament had to okay it.
[00:03:48]  Well, his answer was this.
[00:03:51]  Italy wasn't there for us.
[00:03:52]  We won't be there for them.
[00:03:56]  And he said a little bit more forcefully this afternoon.
[00:03:59]  Don't forget Spain as well.
[00:04:00]  We got a couple of bases there that we built and we support.
[00:04:03]  We spent hundreds of millions of dollars on just in the last year.
[00:04:06]  I believe it was in Rota that we spent all this money, but you got Rota, you got Moron.
[00:04:11]  You like my Spanish accent?
[00:04:14]  Moron.
[00:04:15]  I really like rolling the R's.
[00:04:17]  I learned to do that.
[00:04:17]  It took me forever, believe it or not, as a singer, right?
[00:04:20]  Like I learned Italian and German and Spanish and French and all these languages because I studied classical voice and you needed to be able to sing in these languages and not have an accent.
[00:04:30]  You know, when they sing in English, it's perfectly fine.
[00:04:32]  But the American girl singing in their languages had to sound really, really authentic.
[00:04:36]  So I was having a devil of a time because I couldn't roll my R's.
[00:04:39]  And my voice teacher gave me this exercise.
[00:04:41]  She said, just say butter, but butter, butter, butter over and over and over and over again.
[00:04:48]  And if you keep doing that, you'll be able to roll your R's.
[00:04:50]  So I learned and I've never stopped.
[00:04:53]  So occasionally I like to flaunt it.
[00:04:56]  Yeah.
[00:04:57]  Rota.
[00:04:58]  Moron.
[00:05:00]  Moron.
[00:05:01]  It sounds like in English.
[00:05:03]  Anyway, two big bases and they're not actually allowing us access.
[00:05:10]  I mean, they've gone so far as to just call the war illegal.
[00:05:13]  It's like, guys, I mean, you're supposed to be our friends.
[00:05:17]  Oh, and then you have like the sanctions being put on Israel, who's obviously our ally in this war by Italy.
[00:05:26]  George Maloney did that one the other day.
[00:05:28]  I mean, come on.
[00:05:29]  Enough is enough is enough.
[00:05:31]  And President Trump will tell you that.
[00:05:32]  Here he is just a couple hours ago today.
[00:05:35]  Watch.
[00:05:36]  You talked about possibly pulling out some troops of Germany.
[00:05:41]  Would you be considering the same thing for Spain and Italy?
[00:05:44]  I mean, they haven't been exactly on board.
[00:05:47]  Yeah, probably.
[00:05:47]  Yeah, probably will.
[00:05:48]  Why should I?
[00:05:49]  You know, look, why shouldn't I?
[00:05:54]  Italy has not been of any help to us.
[00:05:57]  And Spain has been horrible, absolutely horrible.
[00:06:02]  You know, it's NATO.
[00:06:04]  It's not even the fact that they've been, it's one thing they said nicely.
[00:06:08]  Or if they said, okay, we'll help, but the help's a little slow.
[00:06:13]  But the level, and we helped them with Ukraine.
[00:06:17]  You know, they made a mess out of Ukraine, a total mess.
[00:06:21]  And we helped them with Ukraine.
[00:06:23]  Ukraine has nothing to do, you know, we're an ocean apart.
[00:06:26]  It has to do with them.

=== Spain And Italy Not Helping (15:36) ===

[00:06:28]  It's like for them, it's their front door.
[00:06:30]  We helped them.
[00:06:31]  And Biden gave them $350 billion, which was insane.
[00:06:34]  It's one of the reasons the war went on.
[00:06:40]  When we needed them, they were not there.
[00:06:42]  We have to remember that.
[00:06:44]  And so, if we ever have a big one, because we didn't need any help with Iran, we had Iran right from the first day it was over.
[00:06:52]  It was over.
[00:06:53]  And now it's even more so.
[00:06:55]  We're so locked and loaded if we want to do it.
[00:06:58]  But we didn't need the help.
[00:07:00]  And to a certain extent, I asked them, I didn't need the help, but I said, Yeah, we'd love to have your help because I wanted to see if they'd do it.
[00:07:07]  And they, in all cases, they said, We don't want to get involved.
[00:07:12]  And you know, the amazing thing is they use the straight of hormones.
[00:07:15]  We don't.
[00:07:16]  We don't use it.
[00:07:16]  We don't need it.
[00:07:18]  We have a lot of oil.
[00:07:19]  We do.
[00:07:20]  Well, wait a minute.
[00:07:21]  And they use it.
[00:07:21]  We don't.
[00:07:23]  And you would have thought they would have said, we would love to help you.
[00:07:26]  But they didn't.
[00:07:28]  Yeah, so it's a little bit the principle of it, right?
[00:07:33]  You know, he was kind of giving them a little test.
[00:07:35]  Hey, you know, let me just see.
[00:07:37]  Because if we're going to stay in this relationship and we're going to continue to give them tens of billions of dollars a year, then maybe we ought to be certain about it.
[00:07:48]  And when they're not there for you, I think that teaches you something pretty darn important.
[00:07:53]  And that is lesson learned.
[00:07:56]  So in this new moment in time, and you've heard me talk about this being the sort of Bretton Woods 2.0.
[00:08:01]  It is.
[00:08:01]  It's Bretton Woods 2.0.
[00:08:03]  Bretton Woods was the agreement.
[00:08:04]  It was in 1945 where you had all of the winners of World War II get together in Bretton Woods, New Hampshire at the Mount Washington Hotel.
[00:08:12]  I know it well.
[00:08:13]  I got to show you a picture.
[00:08:14]  I was actually looking at them yesterday because my daughter was studying this, believe it or not, in history.
[00:08:19]  I'm like, great.
[00:08:20]  So she's studying it in history.
[00:08:21]  And she said, mom, don't we have pictures of me in the gold room?
[00:08:26]  With you and oh, do we have pictures?
[00:08:28]  So I was looking through these, I got to show you guys some pictures maybe tomorrow.
[00:08:31]  But this is Bretton Woods 2.0.
[00:08:33]  Okay, so after World War II, all the winning powers, the allies got together in New Hampshire up in this little tiny town and they signed an agreement and they made the U.S. the world's hegemonic power.
[00:08:45]  But we agreed to take on effectively the defense, if you would, of Europe.
[00:08:51]  And we didn't want Germany rearming, no matter what, right?
[00:08:54]  Don't forget about that.
[00:08:55]  So Germany's finally rearming actually for the first time.
[00:08:59]  Since 1945, first time since World War II.
[00:09:04]  It just put out a 35 page defense paper on it, most of which was classified, but some of which came out.
[00:09:10]  And I got to tell you, the defense minister of Germany must be like, whoa, hallelujah.
[00:09:14]  You know, finally I get to do my thing.
[00:09:16]  Anyway, we've sort of pushed them to this point because it's been a lot of years and we're not really in need of a Europe that needs to be taken care of by the United States of America.
[00:09:26]  In other words, they are at this point very mature countries.
[00:09:33]  Very mature countries, somewhat irresponsible countries, right?
[00:09:36]  So there's a little immaturity thread going through.
[00:09:39]  But maybe this is what they need, right?
[00:09:42]  To start to actually take action for themselves.
[00:09:45]  And as we look around the world and we look at new opportunities and new alliances, I'm not saying we ditch them all together.
[00:09:51]  Okay, don't get me wrong.
[00:09:52]  I mean, as much as that would be really nice, we'll still always be there for them when push comes to shove.
[00:09:58]  One would hope that they would be there for us when push comes to shove.
[00:10:02]  Prince Charles tried to remind us of that.
[00:10:04]  Article 5 being invoked after 9 11.
[00:10:06]  Yes, thank you very much, Europe.
[00:10:08]  You did do that.
[00:10:08]  But again, we shouldered the majority of the burden.
[00:10:11]  And right now, when we really need them on the world stage, just symbolically to nod their head in agreement with us and to support us, what do they do?
[00:10:18]  Exactly the opposite.
[00:10:20]  They actually, in Spain, called the war illegal.
[00:10:23]  Georgia Maloney is making it very clear she's not supportive of any of this.
[00:10:27]  And as a result, the president is like, okay, well, who are you, lady?
[00:10:31]  Because, you know, I really liked you and I might have had a hand a little bit in your.
[00:10:35]  In your popularity.
[00:10:37]  I said yesterday, you know, maybe you kiss Macrone too many times, you turn into a frog.
[00:10:45]  I I didn't even realize the humor of that entirely until after, when you guys all cited it and I was like, oh yeah, the French frogs right well, she's kissed him so many times.
[00:10:55]  Um, not in that way platonically, I mean that I, you know, it makes you wonder, is they're getting to her?
[00:11:05]  They might be getting to her because When I look at everything that she has done up until this point, like it was very different.
[00:11:13]  And now all of a sudden, I'm like, who is this lady?
[00:11:16]  She was conservative.
[00:11:18]  She was conservative like a year ago.
[00:11:20]  And then a few months ago, everything changed.
[00:11:25]  And I think I have some insight that I want to share with you today on why that may have changed.
[00:11:30]  And it's really too bad.
[00:11:31]  But it's in part because the economy is in such shambles in Italy that they are able to get to her because she's actually being threatened with possibly being kicked out.
[00:11:43]  Of the EU.
[00:11:45]  I know that sounds drastic.
[00:11:46]  I know it sounds extreme, but listen, they went through this with Greece, and they have no intention of going through any kind of economic challenges again with certain countries.
[00:11:54]  And certain countries, let's just say, are not extended the same benefits and graciousness as others, like Germany.
[00:12:02]  Germany's not too much better on the economic front than Italy, but you know what?
[00:12:07]  They're willing to give Germany a pass because, hey, they got the 35 page paper.
[00:12:10]  The defense minister has been working hard on it.
[00:12:12]  And so, because of that, they're on different footing.
[00:12:16]  So, think about that.
[00:12:18]  And I'm going to get to that.
[00:12:19]  I'm going to show you some numbers.
[00:12:19]  It'll just shock you.
[00:12:21]  But think about that as we listen to Giorgio Maloney this week talk about immigration and say how it's so critical for Europe to bring in more and more migrants and it's so critical for Italy to do the same.
[00:12:33]  And you're sitting there going, wait a second, this is not the lady that we heard from eight months ago.
[00:12:40]  Watch.
[00:12:42]  L'Italia and l'Europa have bisogno di immigrazione.
[00:12:45]  Per questo noi non possiamo continuare a dare il segnale che verrà premiato chi entra illegalmente a discapito di chi vorrebbe farlo.
[00:12:54]  I'm sorry.
[00:12:55]  So basically, she's saying there, see, I like to roll my R's and practice my Italian.
[00:13:00]  You guys are getting a full show tonight.
[00:13:02]  Anyway, she's saying, listen, you know, we're not going to make it if we don't have more people coming in.
[00:13:08]  And immigrants are going to be a critical part of our country and our economy.
[00:13:13]  And so she's affording them all these opportunities, 500,000 of them coming into Italy.
[00:13:18]  I mean, that's a big deal.
[00:13:18]  You only got a country of like, what, 56, 57 million people.
[00:13:22]  You got 1% of your population nearly coming in as migrants.
[00:13:28]  And that's concerning because they just don't have the money.
[00:13:31]  Again, they don't have the money.
[00:13:33]  They're talking about 164,850 migrants in the year 2026.
[00:13:38]  They say this is her reason they are indispensable, indispensible.
[00:13:43]  I'm sure that's an Italian word for the Italian economy.
[00:13:48]  And thus, they're allowing for all these work permits.
[00:13:52]  And this is what's going on throughout all of Europe.
[00:13:54]  Don't forget.
[00:13:55]  And all of Europe is very, very generous with all of their benefits.
[00:13:58]  I mean, heck, you get all kinds of stuff.
[00:14:01]  You thought you had a good getting a hotel room and a cell phone and a Snap card in the U.S.
[00:14:08]  I mean, they got national health care, unemployment benefits.
[00:14:12]  They've got family allowances and they've got pension contributions.
[00:14:16]  So it's a party in Italia and in France and in Germany and everywhere.
[00:14:22]  And so they're saying, okay, we're going to bring everybody here.
[00:14:25]  This is a whole open borders thing.
[00:14:27]  I mean, sorry, guys.
[00:14:27]  Didn't we just kind of come to the conclusion that those days are over?
[00:14:32]  Like, didn't Davos kind of figure that one out?
[00:14:35]  Not to mention the guy who runs the IMF and, forgive me, not the IMF, runs Davos and that whole World Economic Forum, WEF.
[00:14:44]  He kind of went up in smoke in a pretty spectacular way.
[00:14:48]  I thought we were over it.
[00:14:49]  No, no, no, we're not, apparently.
[00:14:51]  And apparently they got Georgia on a string.
[00:14:56]  Yeah, Georgia Maloney doesn't have a lot of wiggle room all of a sudden.
[00:15:00]  And when you start to figure this out, It looks pretty darn ugly.
[00:15:04]  You see, she's bringing in 500,000 migrants because they told her to.
[00:15:10]  She's going all out against Trump, I think, because they told her to.
[00:15:15]  And she's saying, no, can do.
[00:15:17]  You cannot come near the Sigonella base that you guys effectively own and built because they told her to.
[00:15:27]  You see, she doesn't have a lot of status within the EU circle because her economy is not so hot.
[00:15:36]  You'd say, hey, you know, you get an unemployment rate of 6%.
[00:15:39]  Why are you bringing in 500,000 more people that are going to be competing with Italians for those jobs?
[00:15:45]  That would be logical, right?
[00:15:47]  Like we don't need to talk logic here because she's got Macron and others in her ear saying, hey, you got to do this.
[00:15:56]  You got to do this.
[00:15:57]  You got to do this.
[00:15:58]  And they've got her basically over a barrel because she's been spending, spending, spending, spending.
[00:16:06]  And as a result of all this spending, she's not meeting the EU standards, which means Europe could say, Bye-bye, Italy.
[00:16:14]  We're too concerned you're going to turn into the next Greece and we don't want another European debt crisis on our hands.
[00:16:19]  So because you cannot manage any kind of fiscal discipline, we don't want you in the club.
[00:16:26]  And if that happens, well, Italy's economy is really screwed.
[00:16:30]  Okay.
[00:16:30]  Sorry.
[00:16:30]  Excuse my French.
[00:16:34]  It's really screwed.
[00:16:34]  So Italy at risk.
[00:16:36]  I mean, they've gotten this fiscal warning.
[00:16:37]  By the way, it's her own government, I should point out.
[00:16:39]  Her own government is now giving her this warning.
[00:16:42]  So that's like, that's like Jerome Powell.
[00:16:45]  And Scott Besant, I'm sure Powell would love it right about now.
[00:16:48]  But anyway, let's say Jerome Powell of yesteryear back in the first Trump administration coming to Donald Trump and Besant and saying, hey, you know, you guys, we're just spending too much money and we're not taking enough in and we're in danger here.
[00:17:04]  We're in danger of the world just saying F you.
[00:17:07]  Well, they're basically saying, you know, Senora, we're in danger here of getting kicked out of the EU.
[00:17:16]  She's getting a big warning because, again, she's spending too much.
[00:17:19]  And I don't think this new immigration policy is going to help her.
[00:17:22]  I think she's going to wind up spending even more.
[00:17:23]  So this is what you call a fiscal alert.
[00:17:26]  There are certain rules that you have to have and follow to be part of the club, you see.
[00:17:31]  And, you know, they're not really following it.
[00:17:33]  It's like 3%.
[00:17:34]  Okay.
[00:17:35]  You've got to have a deficit that is 3% of GDP.
[00:17:39]  So you can't spend more than 3% of GDP.
[00:17:42]  If you do, they start getting freaked out and they put you on a very special watch list.
[00:17:47]  Effectively put in the penalty box because, don't forget, Greece was spending something like 15% deficit spending of GDP and ran up a debt to GDP ratio well over 150% it might have even been more and so consequently, there had to be a whole big restructuring.
[00:18:01]  One of my very good friends, who's been on this show, actually numerous times, Hans Humes, and he was actually the only American on the Greek steering committee, so I was privy to a lot of this.
[00:18:11]  I was back at Bloomberg, so we were really into the Greek and European debt crisis.
[00:18:17]  It was, it was a big deal okay, but this they don't want to repeat it.
[00:18:19]  Okay, they don't want to repeat it.
[00:18:21]  But I look at this, I'm like, okay, Italy's not great.
[00:18:23]  But France, 5.1% deficit.
[00:18:27]  So I guess they're a little bit on the watch list.
[00:18:30]  Germany should also be on the watch list because it's skating by thin ice.
[00:18:34]  It's at 3%.
[00:18:35]  And the prediction is it's going to go to 6% next year.
[00:18:37]  But guess what?
[00:18:38]  Brussels is giving Germany a pass.
[00:18:39]  You know why?
[00:18:40]  Germany said it's going to take over the responsibility from the US of protecting all of Europe.
[00:18:45]  So woohoo!
[00:18:46]  You go for it, Germany.
[00:18:48]  You go.
[00:18:49]  And yeah, I guess they'll give you a special pass.
[00:18:52]  Portugal, Ireland, they're doing really well.
[00:18:54]  Isn't that impressive?
[00:18:55]  Very, very.
[00:18:56]  I mean, I'm always proud of my homeland, okay?
[00:18:59]  The original homeland from 400 years ago.
[00:19:02]  Actually, my ancestors came here during the potato famine and then thereafter.
[00:19:06]  But I went by all the graves, one of the things in Ireland that they're very fond of.
[00:19:11]  It's actually oddly, weirdly comforting, I got to tell you.
[00:19:15]  You know, when you go and see your ancestors there, the Regans, in the tombs that were for 400 years ago, like you're like, okay, I feel really connected right now.
[00:19:26]  Anyway, I'm so proud of Ireland.
[00:19:28]  Look at them.
[00:19:29]  They're hardly spending a thing.
[00:19:30]  That's because they were smart.
[00:19:32]  They were smart.
[00:19:33]  They got really good economic policy in.
[00:19:35]  I mean, to our detriment, right?
[00:19:37]  Because you had all these, I called them shotgun marriages.
[00:19:39]  You had all these tech companies saying, well, let's go buy some teeny little company in Ireland just so that we can go and headquarter ourselves there because they got 12% as a corporate tax rate, which is a heck of a lot better than they had in the U.S. until Donald Trump came along and Donald Trump started fixing that stuff because, you know, he didn't want everybody moving to Ireland.
[00:19:56]  Anyway, you look at all this excessive deficit that they're running under.
[00:20:01]  And this is the problem here with so many of them.
[00:20:04]  And so many of them are really in bad economic straits.
[00:20:08]  I look at.
[00:20:10]  France, Belgium, for goodness sakes, Belgium, where, what is it?
[00:20:14]  I mean, you go to Brussels and it's 70% migrant population.
[00:20:18]  I mean, they get some real problems there.
[00:20:21]  Malta, Hungary, Austria, Romania, really struggling.
[00:20:24]  So they're all on the naughty list.
[00:20:26]  But right now, Italy's kind of tops on that.
[00:20:29]  And don't forget, Italy is the only country that was being led by somebody on the right.
[00:20:35]  So what did they do?
[00:20:36]  I told you, I told you yesterday, they got to her.
[00:20:38]  I just didn't know how.
[00:20:40]  And now I think I figured it out.
[00:20:42]  They got to her because she's now worried about maybe not being able to stay in the EU anymore.
[00:20:47]  And so now she's cutting back on everything.
[00:20:50]  She said she's not even going to be able to give her 5% to NATO.
[00:20:53]  I mean, she's really embracing the European thing, right?
[00:20:56]  Yeah.
[00:20:58]  F you, Trump, middle finger to America.
[00:21:00]  And hey, we're not even going to pay our NATO dues.
[00:21:03]  You said you wanted 5%.
[00:21:04]  She was actually for that way back when, just like a short time ago, just like she was very much against.
[00:21:11]  immigration into Italy and now 500,000 coming in in the next three years.
[00:21:17]  It's very fascinating how they're able to, you know, it's kind of like they got something on her, right?
[00:21:27]  And that's what we were all talking about.
[00:21:28]  I was looking at your comments yesterday and you're like, what do they have on her?
[00:21:31]  Like, is there videotape?
[00:21:32]  Like, what is it?
[00:21:34]  And you know what it is?
[00:21:37]  It's the threat of getting kicked out of the EU.
[00:21:39]  I got to tell you, this is why I never thought this whole thing would work from the very beginning.
[00:21:42]  I really didn't.
[00:21:43]  I don't think you can have that many different countries together.
[00:21:46]  Under one fiscal dominance, under one fiscal structure, when all of them are issuing their own debt.
[00:21:53]  I mean, granted, we do that here in the United States because you can buy New York munis, municipal bonds, and you can buy U.S. treasuries.
[00:22:01]  You can buy German bonds and Italian bonds.

=== Tariffs Pivoting To Canada (10:09) ===

[00:22:04]  And right now, even though we just looked at the deficit spending that Germany has, like I said, it's just afforded a different sort of cachet because those German bonds are trading at a much better sort of spread.
[00:22:19]  The spread is significant between.
[00:22:21]  I would say the Italian bonds and the German bonds, and they've been getting wider and wider, meaning Italy's getting riskier and riskier and riskier.
[00:22:30]  And so she's looking at this saying, I got to fix it.
[00:22:33]  And perhaps her answer for fixing it, or maybe Macron's answer for fixing it, is, well, you got to play ball with us.
[00:22:40]  So that means we don't like Trump.
[00:22:43]  We don't like this war.
[00:22:45]  We're not going to allow the use of any bases.
[00:22:47]  Heck, France wouldn't even allow us the use of the airspace, for goodness sakes.
[00:22:50]  And that's that.
[00:22:52]  I mean, not great, right?
[00:22:53]  Not great, but that's where we are.
[00:22:55]  And Trump says he's shocked.
[00:22:57]  What was the word?
[00:22:58]  I learned it in Italian the other day.
[00:23:00]  You guys, I said, oh, I've learned a new word.
[00:23:04]  Shocked.
[00:23:05]  Shocked was what he said he was.
[00:23:07]  Look, I've forgotten it already, but I'll get it for tomorrow.
[00:23:13]  Scotas?
[00:23:14]  I don't want to dare try.
[00:23:15]  But anyway, it was a new word for me.
[00:23:18]  And I read it in the Italian press.
[00:23:20]  I actually looked it up and then saw the translation.
[00:23:23]  Here is the translation.
[00:23:24]  I'm shocked at her.
[00:23:25]  And then he went off on her talking about Pope Leo as well because she's defending the Pope against Donald Trump.
[00:23:32]  And he's like, Pope Leo doesn't know what he's talking about as far as saving lives, et cetera.
[00:23:36]  You know how many lives we're saving by interfering in Iran.
[00:23:40]  It's a big deal.
[00:23:41]  Quick reminder, we did a lot on this in both our newsletter and on the show at 76 Research.
[00:23:47]  We've got a brand new episode coming out tomorrow.
[00:23:49]  You can find that at 76 Research or go to 76research.com, take a look at our investment portfolios.
[00:23:54]  Really good, good, good stocks in there, about 10 to 15 in each one.
[00:24:00]  NATO's desperate, though.
[00:24:01]  I mean, NATO's really desperate.
[00:24:02]  Reminder to subscribe right there.
[00:24:04]  It's so desperate.
[00:24:06]  I mean, think about this.
[00:24:07]  They're getting scared, right?
[00:24:09]  You know, we spend billions and billions and billions of dollars over there.
[00:24:13]  At least two to five billion in Italy alone, for goodness sake.
[00:24:16]  So we're the big spender, okay?
[00:24:19]  Captain America effectively is footing the bill for all of Europe.
[00:24:23]  And so they're freaking out, realizing that we might go bye bye.
[00:24:27]  And so today they came out with this as a little, I don't know, consolation prize.
[00:24:32]  I don't think it's going to do a whole lot of good, but I got a kick out of it because they're pivoting to Canada.
[00:24:37]  Oh, Canada.
[00:24:39]  They actually are going to.
[00:24:43]  Their new financial office, their financial headquarters for all of NATO are going to be in Canada.
[00:24:52]  Uh huh.
[00:24:53]  And so I'm trying to figure out is this like, okay, we want to try and make nice with Trump?
[00:24:57]  I kind of see this as like a begging move.
[00:24:58]  Like, hey, you know what?
[00:25:00]  We're going to have more of a focus on North America.
[00:25:03]  We're going to be on your continent.
[00:25:06]  We're going to really show you that we're committed to helping you.
[00:25:10]  And so we're going to link our financial institution to.
[00:25:13]  Canada, and we're going to put it right smack dab near you.
[00:25:17]  So, this is a little bit of an effort.
[00:25:19]  You see in the picture there, again, this came through AP earlier today.
[00:25:23]  Canada will be headquarters for the future NATO linked financial institution.
[00:25:28]  I guess so we can audit them anytime we want, right?
[00:25:31]  Just go right over the border and check them out.
[00:25:34]  So, Carney's in the picture here.
[00:25:35]  He's got his Minister of Finance in the background.
[00:25:39]  And I would just say, I think it's a nice gesture.
[00:25:45]  But I don't think it's going to get you what you want, especially right now with Canada.
[00:25:49]  Because if you guys have been following this and we haven't reported on this a lot, we should.
[00:25:53]  And perhaps maybe tomorrow we can get into it a little bit more.
[00:25:56]  But Canada has actually been trying to make nice with China of all people, including those EVs.
[00:26:02]  They're importing EVs into China and they think that this is going to be the new future.
[00:26:07]  I love how China goes all in on EVs at a time when we're striking Iran, Iran, which is its ally.
[00:26:16]  Thanks so much, Kevin, for the generosity.
[00:26:19]  And he's talking about the three C's alliance, Poland, Slovakia, Hungary, and Romania.
[00:26:24]  He's saying they should leave the EU, make their own trade and defense treaty, and make peace with Russia, reopen oil and gas pipelines.
[00:26:32]  It's an interesting idea.
[00:26:33]  I mean, in all fairness, I don't think that Russia is the same kind of threat that maybe the rest of Europe thinks.
[00:26:41]  Don't forget, you've got some history there.
[00:26:44]  You've got some historical bias in that what did we do for many, many years?
[00:26:49]  Following World War II up until Reagan tearing down the Berlin Wall, we fought the Cold War.
[00:26:56]  Okay.
[00:26:56]  And that was what consumed all the energy, brain power, and money for years and years and years and years.
[00:27:03]  And so I'm not saying that you shouldn't take Putin seriously, that you shouldn't take maybe some of his territorial aspirations seriously.
[00:27:11]  But what I would actually say is you've got to think about it within the context of this is a new world.
[00:27:17]  This is not Cold War anymore.
[00:27:19]  Okay.
[00:27:19]  We're out of that.
[00:27:20]  And yet NATO has gotten bigger and bigger and bigger and bigger.
[00:27:23]  We're now 32 countries in NATO.
[00:27:25]  I mean, it's just multiplied and multiplied and multiplied.
[00:27:28]  And if you look at some of the commentary from the original ambassador to the USSR during the NATO years, forgive me, during the cold years, what did he say about NATO?
[00:27:41]  And he actually warned about this, I mean, as recently as, you know, within the last decade, before he died, saying that we can't just keep expanding this because at some point Russia's going to feel kind of threatened, right?
[00:27:55]  It makes sense.
[00:27:58]  Okay, the Chinese decide to have an alliance in Latin America, which by the way, they were kind of close to doing.
[00:28:03]  But guess what?
[00:28:04]  We got down there in Venezuela now, didn't we?
[00:28:06]  We got down there in Argentina now, didn't we?
[00:28:08]  And guess what?
[00:28:08]  As of today, literally today, I saw the tape.
[00:28:11]  Hallelujah.
[00:28:12]  They just started flights back and forth to Caracas, Venezuela again from the U.S., a direct flight.
[00:28:18]  That's great.
[00:28:18]  I actually took one of those flights back to attend an OPEC meeting back in 2006, I think it was, right down to Caracas back when Chavez was still in power.
[00:28:30]  Things have changed.
[00:28:32]  OPEC's falling apart as we speak as well.
[00:28:33]  We did that story yesterday.
[00:28:34]  If you didn't see it, we actually published a chapter on it.
[00:28:36]  I encourage you to look at that because Trump is breaking up OPEC.
[00:28:40]  He's got the UAE hightailing it out of there.
[00:28:43]  It's first the UAE.
[00:28:44]  It's going to be more.
[00:28:45]  And heck, we produce more energy than anyone right now.
[00:28:47]  So especially right now, that's all changing.
[00:28:50]  So this is a very fluid situation.
[00:28:53]  And again, I would just say that NATO was designed to fight the Cold War.
[00:28:57]  Well, what do you do when you don't have a Cold War anymore?
[00:29:00]  I think you start kind of creating things in your head.
[00:29:02]  And that's sort of where we've gone and what has happened.
[00:29:05]  And so I just say this, you know what, Europe?
[00:29:09]  You've grown up.
[00:29:10]  Put the big boy pants on.
[00:29:12]  Tackle it yourselves.
[00:29:14]  If it really gets crazy, I'm sure we'll be there for you.
[00:29:17]  But we have other big, pressing, important issues to deal with right now.
[00:29:22]  So as they struggle with the U.S. saying, gee, you know, this is not the be-all, end-all anymore, they're trying to win favor.
[00:29:32]  They don't have the best way of going about it.
[00:29:35]  I mean, they do things like sending king Charles to the White House, which was a spectacular dinner that they had there last night.
[00:29:43]  And there were some jokes told, and, you know, all fine and well.
[00:29:47]  But he came with a message.
[00:29:49]  And one of the messages that he delivered to Congress was that, King Charles, that is, was that we've always been there as allies for you.
[00:29:59]  And NATO's a good thing.
[00:30:00]  And you should stay in NATO.
[00:30:02]  And he remembered, you know, 9 11 and Article 5 and it was really pushing that.
[00:30:07]  So they sent King Charles.
[00:30:09]  And now they're sending.
[00:30:12]  Their financial institution.
[00:30:13]  They've started a financial institution.
[00:30:15]  By the way, this is new too.
[00:30:17]  And it's not going to be in Brussels.
[00:30:18]  It's going to be in Canada.
[00:30:22]  So Canada is not necessarily our most favorite nation right now.
[00:30:28]  If you've been following this, Canada has been through Carney trying to cozy up to the Chinese.
[00:30:32]  Maybe he thinks it'll make Trump jealous.
[00:30:36]  This is like junior high or something, right?
[00:30:39]  I didn't date in junior high, but there was a lot of this back and forth between those that did.
[00:30:46]  And this kind of feels like a junior high move.
[00:30:48]  Well, let me go talk to China.
[00:30:50]  Let me see if China's interested.
[00:30:52]  China might be taking me to the eighth grade spring formal.
[00:30:59]  I took my cousin, who is like my brother, my friend.
[00:31:04]  You couldn't go without a date.
[00:31:06]  I had to have someone.
[00:31:07]  And I asked this one kid.
[00:31:10]  And he turned me down because he said Martha might be asking him, one of our friends, one of my best friends.
[00:31:17]  Yeah.
[00:31:17]  That was the last time I ever asked a boy out on anything, live and learn.
[00:31:22]  I became very traditional after that.
[00:31:24]  Anyway, I digress.
[00:31:25]  The point is this is like seventh or eighth grade.
[00:31:27]  And Canada is like, hey, China, what do you think?
[00:31:31]  And China's like, I love it.
[00:31:33]  Let me send you some EVs.
[00:31:35]  And now the U.S. is like, well, we don't want all those EVs from China going into Canada because they could very easily come down into the U.S. Not only that, not only do we not want EVs.
[00:31:43]  We don't want all your Chinese goods coming into Canada because what is that going to mean?
[00:31:49]  Donald Trump is now threatening that he will put an entire tariff onto Canada of 100%.
[00:31:57]  If you guys decide to do trade with China, free trade with China, whatever that means, because China really never has free trade, then we are going to go forward and have a 100% tariff on you.
[00:32:09]  So Canada, you can host.

=== China EVs Facing US Barriers (10:00) ===

[00:32:14]  The NATO Finance Committee.
[00:32:20]  We're proud of you.
[00:32:21]  And we wish you all the luck.
[00:32:23]  We really do.
[00:32:24]  But, you know, I'll tell you this the U.S. is the dominant currency in the world and it's going to continue to be the dominant currency in the world.
[00:32:29]  And we're going to make sure of it.
[00:32:30]  And there's been a variety of things that have happened.
[00:32:32]  If you've been paying attention, think about the tariffs that first went in.
[00:32:36]  I'm going to say more on that in just a moment.
[00:32:38]  The president sees those as a kind of financial weapon that he's able to use to kind of, you know, Throws weight around, sharp elbows.
[00:32:47]  You've got what happened in Venezuela as, you know, kind of a big deal.
[00:32:50]  The Panama Canal.
[00:32:51]  Remember, we were down there hanging out in the Panama Canal trying to get rid of the Chinese?
[00:32:55]  That was, it's all because we're moving towards something.
[00:32:58]  Why do you think we cared so much about Malay getting reelected in Argentina?
[00:33:03]  And why do we offer them a credit swap line?
[00:33:06]  By the way, we're going to be offering more swap lines to a lot of those Persian Gulf nations, including the UAE, which specifically asked us for one.
[00:33:14]  And we want everybody trading in dollars and using dollars because what does that do?
[00:33:19]  It makes sure that we are indeed the world's hegemonic power and in control of everything.
[00:33:26]  I had a great chart on this.
[00:33:27]  Let me see if I still have it.
[00:33:28]  Oh, you know what?
[00:33:29]  I didn't actually show it to you.
[00:33:30]  So I'm going to pull it up if I can in real time because I just thought this was so fascinating.
[00:33:35]  You know, we were talking about deficits and GDP and sort of the relationship there that you see between them, perhaps in Europe.
[00:33:45]  And they say, okay, you cannot have more than 3% of GDP.
[00:33:50]  And it's something called the.
[00:33:52]  Maastricht.
[00:33:54]  Oh, I mutilated that one.
[00:33:56]  Like I told you, my German was good at one time.
[00:33:59]  Not anymore.
[00:34:01]  Maastricht.
[00:34:03]  I like the.
[00:34:04]  It's like rolling my R's.
[00:34:06]  Okay, so here, take a look at this.
[00:34:08]  These are the EU fiscal rules, okay?
[00:34:10]  And I think this is very important to notice.
[00:34:13]  So the EU limit, okay, 3%.
[00:34:16]  So you cannot have a deficit that's more than 3% of your economy unless you're Germany.
[00:34:21]  And, you know, then you get away with all kinds of stuff.
[00:34:25]  And, uh, In the US, we're looking at like 6% deficit to GDP.
[00:34:30]  But here's the reality no one cares.
[00:34:34]  No one cares.
[00:34:35]  And when push comes to shove, they all come running back to mom and dad, the US of A or Uncle Sam, saying, hey, can we buy some more treasury bonds?
[00:34:43]  Like when they're scared, where do they go?
[00:34:45]  They're not investing in China.
[00:34:47]  They're not investing in Europe.
[00:34:48]  They're investing in the US of A.
[00:34:51]  Now, that's great because it actually affords us a lot more wiggle room and we can kind of weather the storm better than anyone else.
[00:34:59]  We have very trusted, very loved bond markets, the sovereign debt market, okay?
[00:35:06]  That is the underpinning of everything we do.
[00:35:08]  I'm going to wonk out on you.
[00:35:09]  You.
[00:35:10]  Why not?
[00:35:12]  My background was actually in sovereign debt trading in emerging market countries that don't have the luxury, right, of being, say, the world's most trusted player.
[00:35:23]  And the U.S. is.
[00:35:24]  But the question is, how do you keep that going for another 250 years?
[00:35:28]  You do that by shoring up the entire world.
[00:35:30]  We're going to look back on this and say Scott Besant was the most brilliant Treasury Secretary since Hamilton.
[00:35:37]  I promise you, because he's doing things right now that are so critical.
[00:35:41]  And you're going to say, Donald Trump, Was one smart guy for hiring Besant.
[00:35:47]  So here's the reality we get away with a whole lot more, and we want to exercise our power, our economic power, while we can, which is what Liberation Day was about.
[00:35:59]  Remember this?
[00:36:00]  It was about a year ago this week, or maybe the last week.
[00:36:03]  European Union, they're very tough, very, very tough traders.
[00:36:07]  You know, you think of the European Union, very friendly, they rip us off.
[00:36:12]  It's so sad to see.
[00:36:14]  It's so pathetic.
[00:36:16]  39%.
[00:36:16]  We're going to charge them 20 percent, so we charge them essentially half.
[00:36:21]  Vietnam, great negotiators, great people.
[00:36:24]  They like me, I like them.
[00:36:26]  The problem is they charge us 90 percent.
[00:36:28]  We're going to charge them 46 percent tariff.
[00:36:31]  The United States military began major combat operations in Iran.
[00:36:39]  Our objective is to defend the American people by eliminating imminent threats from the Iranian regime, a vicious group of very hard terrible people.
[00:36:54]  Its menacing activities directly endanger the United States, our troops, our bases overseas, and our allies throughout the world.
[00:37:04]  Okay, so I wanted to play you those two sound bites because I think it's important to think about where we are vis-a-vis where we were, okay?
[00:37:13]  We're up a lot, like 27% since Liberation Day.
[00:37:16]  You think about the strikes, you know, we went down again, and now we're up about nearly 10% from those days.
[00:37:23]  There's a lot to celebrate.
[00:37:24]  The markets want to go higher.
[00:37:25]  They really, really do.
[00:37:27]  And, you know, I was, one of our team members was talking with Dr. Kirk, as we like to call him, from Kirk Elliott Precious Metals, the founder of Kirk Elliott Precious Metals.
[00:37:37]  And no, don't worry.
[00:37:38]  I'm not going to give you my gold thing right now, although I'm happy to talk about gold anytime.
[00:37:43]  But we asked him really, you know, what was his impression of where we were, where we are right now.
[00:37:49]  Take a listen to what he said.
[00:37:50]  Interesting.
[00:37:52]  Deliberation Day.
[00:37:54]  With the tariffs that Trump brought to the table, you have to look at who Trump is as a person, right?
[00:37:59]  The art of the deal.
[00:38:00]  He's a master negotiator.
[00:38:02]  Yes.
[00:38:02]  Now, what is he also?
[00:38:04]  He's got America's best interest in mind, unlike other presidents that we may have had in the past.
[00:38:09]  So you could look at it from numerous angles.
[00:38:13]  Number one, you could say, okay, putting these tariffs on other countries is going to basically have them pay the tax for our lifestyle here in America.
[00:38:22]  You know, rather than, you know, taxing the living daylights out of us, why not have another country say, If we want to sell to the rich American consumers, we're going to have to pay to play, right?
[00:38:34]  So that's point number one.
[00:38:36]  Point number two fantastic negotiating tool to get other nefarious governments that may not like the United States to comply for what?
[00:38:48]  The best interest of America, right?
[00:38:51]  But when you have tariff shocks, everything's going to be more expensive.
[00:38:57]  You're going to have financial media.
[00:38:59]  And mainstream media say, what?
[00:39:02]  Oh, this is bad on the U.S. consumer.
[00:39:05]  They're going to ultimately pay for it in higher prices.
[00:39:08]  Not necessarily.
[00:39:10]  Roll this forward just a little bit.
[00:39:13]  Ultimately, if foreign goods are more expensive than American goods, the manufacturer is going to come back here because people are going to buy Americans.
[00:39:19]  So you can't just look at an immediate shock in an immediate news story and think this is the end game.
[00:39:27]  No, the end game, in Trump's words, would be to make America great again.
[00:39:32]  How do you make America great again?
[00:39:34]  Bring manufacturing back to America.
[00:39:36]  How do you do that?
[00:39:37]  Make American goods more attractive than foreign goods.
[00:39:40]  That's what the tariff is doing, in my opinion.
[00:39:43]  Yeah, he's a fun guy to talk to.
[00:39:45]  I encourage you, actually, if you're interested in investing in gold, and I mean the real stuff, real, real stuff, the bullion, or silver.
[00:39:54]  And look, for me, you've heard me say before, and you can read my research at 76 Research.
[00:40:00]  I'm a big believer in that diversification.
[00:40:04]  And gold is part of my portfolio.
[00:40:06]  No matter where it is, I want to know I have a certain amount of gold.
[00:40:09]  It's one of those hedges, I guess I would refer to it as.
[00:40:12]  I mean, silver has some different reasons for being.
[00:40:14]  And you've heard me.
[00:40:15]  And my colleague at 76 Research, Rob, talked about that as well, silver being pretty utilitarian.
[00:40:20]  But anyway, I encourage you to think about it.
[00:40:23]  And they got a great team working under Kirk there, Dr. Kirk, at KirkElliottPreciousMetals, KEPM.com forward slash Trish.
[00:40:31]  Go check that.
[00:40:32]  We had the markets ending higher today, which is pretty interesting to see.
[00:40:36]  And this is all coming as we're looking at a new Fed sheet.
[00:40:39]  I mean, if Powell will ever leave, I guess he's going to stay on as a governor.
[00:40:43]  The president was tweeting today.
[00:40:44]  Did you see this saying?
[00:40:46]  or truthing, I guess you could say.
[00:40:48]  So, you know, he can't get a job anywhere else.
[00:40:50]  That's why he's staying.
[00:40:51]  Listen, I think he could get a job.
[00:40:52]  And by the way, he doesn't really need a job because he worked at Carlisle, a really famous private equity group, and he's worth like 20 million plus dollars.
[00:41:00]  So I don't think he really needs a job.
[00:41:01]  But for whatever reason, he wants his viewpoint being heard.
[00:41:04]  I don't agree with his viewpoint right now.
[00:41:06]  I actually think that Warsh is going to be fresh and a fresh set of eyes.
[00:41:10]  And because we're going into this AI-driven economy, you got to be thinking about this very differently.
[00:41:14]  And you need to be active.
[00:41:16]  We actually saw some dissent on the Fed.
[00:41:18]  With its meeting this week, some dissent.
[00:41:21]  And that was unusual to see.
[00:41:22]  We hadn't really seen that much before.
[00:41:24]  It's because a lot of people are coming to the realization that given what we've got going on in the tech sector, you're going to have basically deflation if you do not confront this sooner rather than later.
[00:41:38]  And so I think it's really important that Kevin Warsh get in there and that, you know, Powell, if he wants to stay on as a governor, I don't know if they can get him out.
[00:41:45]  They're going to need to bring Jeanine Pirro back with her lawsuit.
[00:41:48]  I don't know if they're going to be able to get him out.
[00:41:49]  But I would say this, it's important to have different opinions.
[00:41:54]  And I think that Powell's got to start to recognize what's real.
[00:41:58]  I don't have a lot of respect.
[00:41:59]  I'm just going to be honest for Powell because he screwed up so badly in 2020, so enormously badly.
[00:42:05]  And I remember pounding this table, talking to you in August 2020, as I first came on the air with the show, what are they doing?

=== FCC Trouble With Jimmy Fallon (03:01) ===

[00:42:14]  Why are they doing this?
[00:42:16]  They are going to have such massive inflation.
[00:42:18]  It's going to take forever to get out from under.
[00:42:20]  And sure enough, it has.
[00:42:22]  Good news.
[00:42:23]  GDP growing 2%.
[00:42:24]  We saw consumer confidence come in really strong.
[00:42:27]  Who would have thought?
[00:42:28]  We got a Dow that's up 1.62% today, an SP up 1%, and a NASDAQ up nearly 1%.
[00:42:35]  Again, go check them out at KEPM.com forward slash Trish or give them a ring.
[00:42:41]  Tell them I sent you.
[00:42:42]  Oh, did you see the gerrymandering ruling that came out of the court?
[00:42:46]  We didn't even get a chance to cover that.
[00:42:48]  Now, did we yesterday?
[00:42:50]  This is a very, very, very big deal, okay?
[00:42:53]  So, don't forget, like for years, you had all kinds of gerrymandering based on race from 1965 really through, well, yesterday, because the Supreme Court ruled and you can't redistrict based on race anymore.
[00:43:08]  The thinking was way back when with the Voting Rights Act, you needed it because of the historic overhang there.
[00:43:14]  And we needed to kind of make sure that minorities had a bigger voice.
[00:43:19]  And so they did all this crazy.
[00:43:20]  I mean, you look at these maps, right?
[00:43:22]  And they'd be totally bizarre.
[00:43:24]  Well, those days are over.
[00:43:26]  They're over.
[00:43:28]  Thank you to the Supreme Court justices.
[00:43:32]  But the view can't take it.
[00:43:34]  Like, I don't know what these poor ladies are going to do.
[00:43:37]  I mean, Whoopi Goldberg, who's all over the map, by the way, when she speaks, I don't know how, how any producer manages her because she's got these random thoughts.
[00:43:50]  And it's not like Trump who does the, what do you call it?
[00:43:54]  The swerve or the, he had some special name for it.
[00:43:56]  You know, it's like a boomerang.
[00:43:58]  He'll take you on a little tour of this and that, an excursion, shall we say.
[00:44:02]  And then he brings you right back home to center.
[00:44:04]  So he always answers the question.
[00:44:06]  Whoopi, not so much, but she's all fired up, if you would, about this ruling from the Supreme Court.
[00:44:14]  And she says all kinds of things that aren't true, which is kind of funny right now because need I remind them that ABC's in a little bit of trouble with the FCC?
[00:44:24]  Big trouble with the FCC, courtesy of one Jimmy Fallon.
[00:44:28]  Why do I keep saying Jimmy Fallon?
[00:44:29]  I don't like him either.
[00:44:30]  Jimmy Kimmel.
[00:44:31]  And.
[00:44:33]  The View.
[00:44:34]  Take it away, Whoopi, for all it's worth.
[00:44:37]  Here's the other problem.
[00:44:39]  You know, we make laws to fix problems.
[00:44:43]  We put the Voting Rights Act together because there was an issue.
[00:44:48]  Because they were keeping people from voting.
[00:44:51]  They were literally shooting people, they were running them down with dogs to keep them from voting.
[00:45:03]  Okay, let's start with that.
[00:45:05]  So when they say that problem is gone, it's not gone because you're still doing it.
[00:45:11]  You're still doing it.
[00:45:12]  And what I don't understand is what is everybody so afraid of?

=== Voting Rights Still Gutted (07:49) ===

[00:45:16]  Because I always thought, I was raised to believe that you and I don't have to agree.
[00:45:22]  That's all right.
[00:45:24]  But now suddenly, your argument doesn't hold water, so you're cheating.
[00:45:30]  See, we're a two-party system.
[00:45:33]  We're not just Democrats.
[00:45:34]  We're not just Republicans.
[00:45:35]  We're a two-party system.
[00:45:38]  Ruth Bader Ginsburg said throwing out the preclearance when it worked and is continuing to work to stop discriminatory changes is like throwing away your umbrella in a rainstorm because you're not getting wet.
[00:45:52]  Yeah.
[00:45:53]  The other thing I want to say is voting in local elections matters more now than ever before.
[00:45:59]  Think nationally, work locally.
[00:46:07]  Think nationally, work locally.
[00:46:09]  One more time.
[00:46:10]  Think nationally, work locally.
[00:46:11]  Okay, I got you.
[00:46:12]  I got you.
[00:46:12]  I got you.
[00:46:13]  So she's really worked up because you see, yesterday the Supreme Court announced that Louisiana, and this is a decision that was six to three, that the Louisiana congressional map was unconstitutional because it was racial gerrymandering.
[00:46:30]  And you know what?
[00:46:31]  It's kind of like Europe.
[00:46:32]  We're like, hey, Europe, you know, you're big kids now.
[00:46:34]  You can go out on your own, NATO.
[00:46:37]  And Louisiana, enough of that.
[00:46:41]  Maybe it was relevant in 1965.
[00:46:43]  I'm not going to disagree with her.
[00:46:44]  You know, like we've been through some tough times as a nation.
[00:46:47]  I'm not going to sit here and tell you that there aren't places and people or pockets and areas where you still have racism, but I'm going to tell you it's not as bad as you think, or maybe as the SPLC wants you to think.
[00:47:02]  Charlottesville, right?
[00:47:03]  Being apparently staged because they paid someone to the tune of $240,000 to make that one go down.
[00:47:09]  I mean, and then, of course, Biden ran on it, for goodness sakes.
[00:47:11]  No, you know what?
[00:47:12]  We've come a long way, baby, and we're a very different kind of country.
[00:47:16]  And it's so much a different kind of country that now the FCC might be taking affiliate licenses away from some of the ABC owned and operated stations because they went the other way.
[00:47:28]  They had like reverse, you can't call it reverse discrimination, but they were discriminating against, well, I don't know, people that look like me because I wasn't going to get a job on one of their shows or not that I want one on The View.
[00:47:44]  Gosh, no.
[00:47:45]  Or in one of their movies because they were casting.
[00:47:48]  And they were actually hiring people based on race, and they were trying to basically fill a bunch of quotas as opposed to actually do what was the right thing with the most talented person.
[00:47:58]  And so that's just wrong, right?
[00:48:00]  So again, I'm just pointing out that we've come a long way, baby, and we don't need these racially charged maps anymore.
[00:48:09]  And Karl Rove, I know, I know, cut him some slack.
[00:48:12]  A lot of people here don't like him.
[00:48:13]  I get it.
[00:48:14]  But occasionally he makes a point or two.
[00:48:15]  Karl Rove was on Fox this morning and said something that I thought was important.
[00:48:22]  Quite true.
[00:48:23]  And I want you to hear it.
[00:48:24]  Here we go.
[00:48:25]  Mr. Carl Rove on the Louisiana case.
[00:48:28]  It increases the influence of black voters because no longer are they grouped together under the notion of the only way that you can elect somebody who can represent blacks is to have a majority of blacks in that district.
[00:48:39]  Now you're going to have blacks that are in a district that has a community of interest and is more compact, in which both parties are going to say, we need to get inroads in that community or dominate that community.
[00:48:52]  In order to elect one of our own to the U.S. Congress.
[00:48:55]  So I see it just the opposite.
[00:48:56]  Black voters are no longer being sort of segregated and put into a black district.
[00:49:01]  They're now going to be part of a larger community of interest.
[00:49:04]  This is, you know, southwestern Alabama.
[00:49:07]  This is northwestern Louisiana.
[00:49:10]  And as a result, the smart political candidates and the smart political parties are going to be going after their vote.
[00:49:17]  Yeah, exactly.
[00:49:20]  So, in other words, you know, you can have candidates there that are representing the views.
[00:49:26]  Literally, the people of the community that they're supposed to represent, as opposed to some weird gerrymandered district where we're just trying to get only black people.
[00:49:36]  I mean, it's kind of just fundamentally wrong in and of itself.
[00:49:38]  You're going to only black and only white.
[00:49:40]  I mean, enough, enough, enough, enough.
[00:49:43]  Oh, but don't tell Sonny.
[00:49:44]  Don't tell Sonny Houston.
[00:49:46]  Or again, you know, Whoopi Goldberg.
[00:49:47]  I mean, they're like hyperventilating over this.
[00:49:51]  Chill, guys.
[00:49:52]  Chill.
[00:49:55]  I think it's a huge setback.
[00:49:57]  I mean, the 1965. Voting Rights Act was the most important piece of legislation in the United States.
[00:50:04]  People died.
[00:50:05]  Okay, it's not 1965 anymore.
[00:50:08]  We've moved on.
[00:50:09]  History.
[00:50:09]  Yes.
[00:50:10]  Actually, Justice Kagan, in her 48 page dissent, said that it was the most important piece because it was born of the literal blood of Union soldiers and civil rights marchers.
[00:50:21]  Yeah.
[00:50:21]  She wrote that.
[00:50:23]  And it has been gutted.
[00:50:24]  People are saying, well, it hasn't really been gutted.
[00:50:27]  It has been.
[00:50:29]  The majority opinion was written by Samuel Leto, the same judge that wrote the decision that took away a lot of women's rights.
[00:50:38]  Two key points.
[00:50:39]  He stated that states can no longer use race as a factor in redistricting, but states can use party politics.
[00:50:47]  They can use party politics in redistricting.
[00:50:49]  What does that mean?
[00:50:49]  Meaning, it's okay.
[00:50:52]  They can draw the line based on Republican and Democrat.
[00:50:54]  It's okay to discriminate in that case.
[00:50:56]  Yeah, it's okay to discriminate there.
[00:50:58]  And number two, the Voting Rights Act only protects against intentional discrimination.
[00:51:02]  The problem with that is, I don't know about you, but there aren't that many races that say, hi, I'm a racist.
[00:51:08]  There aren't that many legislatures.
[00:51:10]  Legislators that write in legislation, we are going to discriminate against black people.
[00:51:15]  So it's almost impossible to prove intentional discrimination.
[00:51:18]  And that is why, in my view, this is gutted.
[00:51:20]  What is most troubling to me, and I think you and I have discussed this Alito argued that the vast social change has occurred throughout the country, and particularly in the South, indicating that racism no longer exists in this country.
[00:51:36]  I can tell you, as a black woman, that my father was born in 1949.
[00:51:42]  He remembers segregated schools.
[00:51:44]  He remembers segregated water fountains.
[00:51:46]  He remembers that he couldn't, that he did not have full civil rights.
[00:51:50]  And he told me when I turned 40 years old that I was the first person in his family to enjoy full civil rights.
[00:51:58]  And he is still alive today, and I am still alive today, and I have been discriminated against.
[00:52:03]  And now I have to tell my children that they have less civil rights than I did when I was born.
[00:52:09]  That's true.
[00:52:09]  That is disgusting, despicable, and I am devastated by this.
[00:52:14]  Particular Supreme Court decision, even though we did know this was.
[00:52:20]  Is she gonna cry?
[00:52:22]  Oh my gosh.
[00:52:23]  All right, you know what?
[00:52:27]  The country's changed.
[00:52:28]  All right, Sonny, I hate to try and cheer you up, but it's not like it was.
[00:52:38]  And thus, we need to make sure that everybody in the community is represented.
[00:52:45]  Not just one specific narrow set of interests, which, by the way, you know what?
[00:52:49]  I'll just tell you this.
[00:52:54]  Hear me out for a second.
[00:52:55]  And I could catch some flack for saying this because I'm not black.
[00:53:00]  But black America, yeah, yeah, you noticed.

=== Black America Waking Up (02:35) ===

[00:53:05]  Just white with freckles.
[00:53:08]  Black America would be well served to look at new politicians with new ideas that have nothing to do with the Democrat Party.
[00:53:20]  I mean, gosh, it was this administration, Donald Trump's administration, that actually got marijuana, cannabis, whatever, I don't know what the proper term to call it is these days, pot taken off.
[00:53:35]  Schedule one is a drug, right?
[00:53:36]  So it's not the same kind of felony if you go to jail with that.
[00:53:39]  I always predicted this would happen.
[00:53:41]  I actually wrote a book on it maybe 16 years ago called Joint Ventures on the business of it that it would become, get it, joint ventures.
[00:53:52]  Not that I have.
[00:53:56]  I've actually never even tried it, to be perfectly honest.
[00:53:58]  Never, swear to God, never even tried it.
[00:54:01]  But reported two documentaries on it when I was at CNBC on how there was this whole underground business.
[00:54:06]  And my prediction was, and this is what the book was about, eventually it would become far more normalized and it would actually be part of the mainstream economy, whether you like it or not.
[00:54:16]  I tend to be kind of right on these things early, early, but right.
[00:54:22]  And it was Donald Trump that did that.
[00:54:23]  But that was something that was very important to the Black community.
[00:54:26]  And look who delivered.
[00:54:28]  I'm just saying, okay, look who's delivering for them.
[00:54:31]  And you look at the unemployment rate now in Black America, it's far better than it ever was under, say, Biden and Obama.
[00:54:39]  We enjoyed the most prosperity, including for Black Americans, during the first Trump administration that we had seen since the 1950s.
[00:54:50]  And so I'm just saying, you know what?
[00:54:52]  It's not working.
[00:54:53]  I think he actually said that, you know, maybe try something else.
[00:54:56]  And you know what?
[00:54:56]  They are.
[00:54:57]  Black America is responding.
[00:54:59]  I have a lot of viewers, Black Americans out there.
[00:55:02]  I love you, you know, and I saw so many of you in North Carolina.
[00:55:06]  Last weekend.
[00:55:07]  And the reality is, I think people are just waking up because it's not about race anymore.
[00:55:13]  It's about issues.
[00:55:15]  It's about doing the right thing for everyone.
[00:55:17]  Fortunately, fortunately, we've broken through a lot of those barriers and we don't need false racism put up there by the likes of the SPLC trying to like make you think there's something where there is none.
[00:55:30]  So things are changing and it's for the best.
[00:55:33]  Harry Anton, I like him.
[00:55:35]  He's got enthusiasm.
[00:55:36]  You know, I like enthusiasm.
[00:55:38]  Harry Anton on CNN.

=== Diversity Is Not Our Strength (03:55) ===

[00:55:40]  Said it very well today.
[00:55:42]  He said, This is a trend that's a game changer.
[00:55:46]  Democrats, watch out.
[00:55:49]  Take it away, Harry.
[00:55:51]  Yeah, I think what we're seeing right now in the numbers is President Trump and the Republican Party are chipping away at the long term advantage that Democrats have had with black voters with African Americans.
[00:56:02]  You can see it right here.
[00:56:03]  Look, Trump's approval among African Americans at this point in term one, he was at 12%.
[00:56:07]  You know, he's been losing ground with a lot of things.
[00:56:10]  He's gaining.
[00:56:11]  He's gaining ground with African Americans.
[00:56:13]  He's up to 16% at this point.
[00:56:15]  And you say, this isn't that big of a shift, but I will tell you, Republicans absolutely love this shift that's going on because Democrats have had such a long term advantage.
[00:56:24]  The fact that he's actually gaining ground versus where he was in term number one, this has major implications for elections down the line because Democrats, especially in a lot of these tight races, you talk about places like Georgia right down in the South, you see this type of movement for Trump actually gaining ground.
[00:56:40]  This could have major ramifications and could help put Republicans. Over the top in a number of southern places in the midterm elections.
[00:56:47]  But do you see this as part of a bigger trend?
[00:56:49]  I see this as.
[00:56:51]  And he does.
[00:56:51]  He sees it as part of a much bigger, bigger, bigger trend.
[00:56:56]  And so I think that.
[00:57:00]  I think that.
[00:57:01]  Look, we're all American.
[00:57:07]  Defense Secretary Pete Hegseth, another one of my former colleagues back at Fox, He was testifying this morning and he put it quite well.
[00:57:20]  He said, you know what, diversity actually isn't our quote unquote strength.
[00:57:26]  Unity is our strength.
[00:57:28]  And I thought, what a great thing to say.
[00:57:30]  You know what?
[00:57:31]  I know he said it before.
[00:57:32]  It's kind of his line at this point.
[00:57:34]  But our diversity strength is, he said, the dumbest thing that you can possibly come up with because what makes us special is not saying, okay, we're different from each other, but celebrating how we're all brought together.
[00:57:49]  As Americans.
[00:57:54]  And that doesn't matter what color you are, right?
[00:57:56]  You're American first.
[00:58:00]  And this is where the real strength lies.
[00:58:02]  I realize for some politicians that want to cater to certain ideals and certain negativity, it doesn't work for them.
[00:58:11]  But Pete's right.
[00:58:12]  Let me play it for you.
[00:58:15]  I haven't talked about it as much in these hearings because this is a budget hearing about $1.5 trillion that's historic and significant.
[00:58:23]  But underwriting the change that we've seen in our department was a laser focus on getting back to basics.
[00:58:30]  And the key word to that is merit.
[00:58:32]  We had a department that was obsessed with gender, ideology, and race, diversity, equity, and inclusion.
[00:58:40]  In fact, the mantra you would hear dripping from the lips of generals with a serious look on their face was our diversity is our strength, which is the single dumbest phrase in military history.
[00:58:52]  Of course, our diversity is not our strength.
[00:58:54]  Our unity is our strength, our shared purpose, the flag we wear, and the Constitution we serve to defend.
[00:59:01]  And when you clear that debris away, whether it's Marxist ideologies or social engineering or political correctness or quotas based on gender and diversity, you get the best of the best rising up, regardless of gender, regardless of race, motivated by that environment where merit reigns, it's accountability, standards, lethality, readiness, training, all the debris wiped away.
[00:59:27]  That is the secret sauce of the revival of the War Department and why Americans are attracted to serving in it and why those inside it, why morale is.

=== Ilhan Omar Stock Questions (09:51) ===

[00:59:36]  Sky high.
[00:59:37]  And any insinuation that it is not are coming from folks who haven't been in our units recently.
[00:59:42]  Go visit the troops at every level, and their morale is at record levels.
[00:59:45]  And I want to talk.
[00:59:47]  It's true, right?
[00:59:49]  Morale is high.
[00:59:50]  It's super high because we're going to get to AOC in a second.
[00:59:56]  It's super high because they know that someone's got their back.
[01:00:01]  We're all in this together as Americans.
[01:00:04]  And that is good.
[01:00:06]  Good, good stuff.
[01:00:08]  Oh, wow.
[01:00:09]  AOC.
[01:00:11]  Ooh, I'm so excited.
[01:00:12]  I'm bumping into my microphone.
[01:00:14]  AOC is getting caught in her own hypocrisy.
[01:00:16]  This was fantastic.
[01:00:17]  You know, I love that reporter, Allison, that works on Mike Lindell's channel.
[01:00:23]  I just love her because somehow they haven't figured out that she's going to ask them a tough question.
[01:00:30]  I mean, Ilhan keeps getting caught by this girl.
[01:00:32]  It's fantastic.
[01:00:33]  And a few others got caught.
[01:00:35]  Now, remember, Ilhan Omar.
[01:00:38]  Said she was worth $30 million, and now she's worth like between $18,000 and $95,000.
[01:00:44]  So there's a few numbers missing in all of that, right?
[01:00:48]  And a lot of people are asking a lot of questions, rightly so.
[01:00:50]  You know, I've been one of them.
[01:00:52]  We've been pounding this story day in and day out.
[01:00:54]  Well, it was just sort of funny yesterday because they're all worked up about affordability, and they all say, you know, these Republicans, they're so corrupt on Capitol Hill and the stock trading and this and that.
[01:01:05]  I don't disagree with the stock trading stuff.
[01:01:07]  I take issue with that, Nancy Pelosi.
[01:01:09]  But I do think that it's sort of funny because Rashida Tlaib, Ilhan Omar, all of them, the squad, AOC, are thinking, you know, we're out here standing for the man of the people.
[01:01:23]  But there's some real questions about whether Ilhan was cooking the books and benefiting like her constituents were from taxpayer dollars.
[01:01:33]  So this came up, and this reporter had a very good way of kind of making an in with one AOC who really can't speak.
[01:01:43]  At all.
[01:01:44]  Anyway, this is great.
[01:01:45]  Watch.
[01:01:47]  Here speaking about affordability today, but many Americans are concerned with members of Congress who have amassed an incredible net worth during their time in Congress on a $174,000 salary.
[01:01:57]  Where are we at with the insider congressional stock trading issue?
[01:02:00]  No, it's an excellent point, and it's something that we certainly need a lot more transparency on.
[01:02:05]  This is something that we've been pushing.
[01:02:07]  There's been stalled progress on this.
[01:02:12]  Right now, there is a I'm trying to remember.
[01:02:16]  There is a compromise bill that I have discussed with Representative Steele, who is the chairman of House Admin, seeking to move this forward.
[01:02:29]  But we need a second push around this.
[01:02:34]  I think right now, what had essentially happened was that between FISA and these funding bills, the Republican caucus has been caught up with that.
[01:02:42]  But we're in a moment where we do need to push this and we need to force the issue because the insider trading in this.
[01:02:48]  Institution is just horrible.
[01:02:50]  To your point, you know, we should not, people should not be coming here to make money.
[01:02:56]  If you want to make money, there are plenty of opportunities to do that in the private sector, but this is a role of public service.
[01:03:04]  And frankly, I think it could also have the potential to serve almost as an informal term limit because once people realize that you can't use this place to become a millionaire, then I think there'll be some natural turnover.
[01:03:17]  Bingo.
[01:03:17]  And the last question on that note there's a lot of news surrounding.
[01:03:20]  Fellow squad member Ilhan Omar and her finances.
[01:03:23]  She claimed she was worth 30 million.
[01:03:25]  Now it's under 100K.
[01:03:26]  Lots of questions surrounding that.
[01:03:27]  Do you have anything you'd like to share on that?
[01:03:30]  Should there be a formal ethics investigation?
[01:03:32]  I know she's going through her process.
[01:03:36]  We all file our paperwork and everyone has a process of filing amendments.
[01:03:41]  She's spoken to her case and yeah, that's all.
[01:03:45]  Bye bye.
[01:03:46]  I'm going to run out of here as fast as I possibly can because you know what?
[01:03:49]  You get no answer.
[01:03:50]  You walked right into that AOC.
[01:03:52]  You just walked right into it because you know she's not very smart.
[01:03:55]  At all.
[01:03:56]  And Allison clearly is a lot smarter.
[01:03:59]  That was a perfect segue, absolutely perfect segue.
[01:04:01]  She's like, oh, well, since you think that nobody should be profiting off of being in Congress, well, then what do you think about Ilhan Omar and those allegations into her?
[01:04:13]  And she just didn't want to bite on that, obviously, at all.
[01:04:17]  It's her friend, right?
[01:04:18]  Just like, oh, Rashida, Rashida, her bestie is Ilhan Omar.
[01:04:23]  Remember Rashida?
[01:04:24]  She was like out there, oh, I recall really trying to.
[01:04:30]  Making sure I have this sound, and indeed I do.
[01:04:32]  She was trying to really take on the president at the State of the Union.
[01:04:36]  We all said she ought to have been censured for that, along with Ilhan Omar.
[01:04:40]  I mean, talking about no class and low IQ, as he called them.
[01:04:44]  Well, Rashida also got caught by the very same reporter, and it's something else.
[01:04:53]  All right, let's watch The Bestie of Ilhan.
[01:05:04]  Hi, Congresswoman.
[01:05:06]  You guys are here talking about affordability today.
[01:05:08]  Just curious to get your thoughts.
[01:05:09]  What's your name?
[01:05:10]  Allison Steinberg, Lindell TV.
[01:05:12]  Oh, hi.
[01:05:12]  Hi.
[01:05:13]  So, we're just curious where we stand on the congressional insider trading because, as you know, we're in this affordability crisis.
[01:05:19]  It's awful.
[01:05:20]  Yeah.
[01:05:20]  It's awful.
[01:05:20]  And then, you know, there's members, fellow squad members like Ilhan Omar, who have this, you know, fraudulent winery and now she's changing her financial disclosure.
[01:05:29]  You guys love picking on her.
[01:05:30]  How about some of the leadership in the House and the Senate, both Republicans and Democrats, that literally own?
[01:05:37]  Stock in war manufacturing, like the defense contractors and all these folks, they literally benefit every time they press a yes button for war, for genocide in Gaza, for the continuations of creating these US made bombs, they benefit personally.
[01:05:51]  Focus on real facts of the fact that literally members of Congress, both Democrat and Republican, own stock off of death and destruction.
[01:06:00]  Like every time they press a button for that Department of War, they make money personally.
[01:06:04]  So I'm with you, and I think Americans are with us, that no member of Congress should be sitting there owning stock.
[01:06:11]  And big pharma and anything that's really hurting Americans.
[01:06:13]  It's a conflict of interest.
[01:06:14]  They shouldn't be voting for wars or anything when they're really making money off of it.
[01:06:18]  Don't disagree.
[01:06:18]  There's corruption everywhere.
[01:06:19]  But I mean, the Ilhan Omar thing is, in fact, get over it.
[01:06:23]  She's a member of Congress and she's not doing anything wrong.
[01:06:25]  I don't know.
[01:06:26]  Focus on the people that actually own stock.
[01:06:31]  Because apparently, if you own stock, that's a bad thing.
[01:06:34]  No, I actually think Congress should deal with that.
[01:06:37]  But you understand, like, this is just kind of not a good look.
[01:06:42]  You're out there.
[01:06:44]  Constantly, constantly saying nobody should benefit from being in Congress.
[01:06:48]  And there are a lot of questions and a lot of speculation that Ilhan Omar, in fact, did benefit quite handsomely.
[01:06:57]  Oh, and this I just have to show you.
[01:06:59]  So Maxine Waters apparently can't cross the street and talk at the same time.
[01:07:06]  Or maybe it's that Maxine Waters can't think and cross the street at the same time.
[01:07:14]  Or maybe it is that.
[01:07:15]  This reporter used words that were just too darn big for one Maxine Waters to possibly comprehend while she was crossing the street.
[01:07:26]  This is good, okay?
[01:07:29]  Let's let Allison take it away.
[01:07:31]  She had a home run here.
[01:07:34]  Saturday's White House Correspondents Association dinner, the third assassination attempt on President Trump, changed the Democrats' calculus at all on getting DHS funded.
[01:07:43]  I'm sorry, I'm focused and I can't respond to you now.
[01:07:48]  I'm thinking about something.
[01:07:50]  That we have to do.
[01:07:51]  Oh, okay.
[01:07:53]  Do you think it's important to get Secret Service paid at this point in time, to get ICE paid, to get DHS funded?
[01:08:00]  I think it's important for me to make sure I get this trillion dollar bill so that we can have something that is meaningful to deal with the housing crisis.
[01:08:10]  So I want everybody to have an affordable job.
[01:08:15]  I want people to live in decent housing.
[01:08:17]  I want people to be able to support their children.
[01:08:21]  And so, yes, I'm a progressive.
[01:08:23]  I was just with the Progressive Caucus, and I'm feeling very good about the leadership that is being taken and the determination that you just witnessed from all of those members of the Progressive Caucus to do what we said we're going to do.
[01:08:39]  Thank you.
[01:08:40]  Thank you, Congresswoman.
[01:08:42]  What was that?
[01:08:45]  Oh my goodness.
[01:08:48]  Oh my goodness gracious.
[01:08:49]  But just when you think Maxine Waters is the most stupid person in Congress, I want to remind you guys of this.
[01:08:59]  The last time the Alien Enemies Act was invoked, it was used to detain and deport German, Japanese, Italian immigrants during World War 11.
[01:09:14]  Welcome to the Quality Learning Center.
[01:09:20]  Oh, they just raided the Learning Center, by the way, there in Minneapolis just yesterday.

=== Follow The Money Trail (00:52) ===

[01:09:27]  So we'll see what they're able to figure out.
[01:09:31]  I mean, they're connecting the dots because, you know, money, it leaves the trail.
[01:09:37]  Follow the money, as they say.
[01:09:40]  Hey, if you haven't subscribed to the channel, please subscribe.
[01:09:43]  Make a comment.
[01:09:44]  What do you think about this NATO stuff?
[01:09:46]  Should we just pull out of Italy and Spain?
[01:09:48]  Enough is enough is enough, right?
[01:09:50]  Should we refocus our efforts?
[01:09:52]  I mean, we got World War 12 on the horizon because you just heard.
[01:09:58]  You just heard Ilhan say, we just went through World War 11.
[01:10:02]  For goodness sakes.
[01:10:03]  I love the comments.
[01:10:03]  You guys are like, oh, wow.
[01:10:05]  Was I sleeping that long?
[01:10:08]  Anyway, great to have you here.
[01:10:10]  Thank you so much for all you do.
[01:10:12]  We're growing and growing and growing and growing.
[01:10:14]  Please spread the word on the Trish Regan Show.
[01:10:17]  And I'll see you back here live, hopefully a little earlier tomorrow.