0:03

Matt Gaetz, the biggest fire brand inside

0:05

of the House of Representatives. You're not

0:07

taking Matt Gaetz off the board, okay?

0:10

Because Matt Gaetz is an American patriot

0:12

and Matt Gaetz is an American hero.

0:15

We will not continue to allow

0:17

the Uniparty to run this town

0:19

without a fight. I want to

0:21

thank you, Matt Gaetz, for holding

0:23

the line. Matt Gaetz

0:25

is a courageous man. If we had

0:27

hundreds of Matt Gaetz in D.C., the

0:29

country turns around. It's that simple. He's

0:32

so tough. He's so strong. He's

0:34

smart and he loves this country. Matt

0:36

Gaetz. It

0:38

is the honor of my life to

0:40

fight alongside each and every one

0:43

of you. We will save America.

0:45

It's choose your fighter time. Send

0:47

in the firebrains. What

0:55

is being done to get

0:57

the public to really

1:00

rise up in various states to

1:02

say to their senators that they

1:04

want to see the border issue

1:07

resolved? I mean,

1:09

you're getting migrants beating up policemen

1:11

in the streets in New York.

1:14

You're seeing an influx of migrants

1:16

all over the country that, frankly,

1:18

have people outraged. Couldn't

1:21

there be some kind of public pressure

1:23

put in the next couple of days

1:26

in some of these senator states saying,

1:28

why are you allowing this to continue?

1:30

Because at the end of the day,

1:32

senators have to deal with their voters.

1:35

And at the same time in

1:37

the bill, you give money

1:40

to Gaza, to the civilians in

1:42

Gaza and Israel. But the border,

1:44

I mean, we're looking every day

1:46

at the invasion of migrants and

1:49

they're playing a time game with

1:51

politics on this. Couldn't that pressure put

1:53

the bear in their home states? the

2:00

invasion what it is asking for people

2:02

to rise up and let their senators

2:04

know that they've got to

2:08

have changes on border policy i could not

2:10

believe that was al sharpton uh...

2:12

but now we've got my work is

2:14

impeachment vote in just moments we've got

2:17

this government funding coming

2:19

to do in march and the senate

2:21

border deal has been blown up because

2:23

of great house conservatives like my guest

2:25

for this episode andy ogles of tennessee

2:27

uh... cars but ogles is in his

2:29

first term but he has been in

2:31

a lot of the major fights to

2:33

change washington a fiscal hawks kinda came

2:35

up really as an activist as a

2:37

frontline activist in the conservative movement and

2:39

uh... now represents some of the great

2:41

areas kind of outside around the nashville

2:43

areas and do so all right well

2:45

it is uh... lovely to have you

2:47

here first let's just

2:49

talk about where we are in the

2:51

my work is impeachment it's being debated right now and

2:54

uh... we've been hearing the discussions

2:57

in conference some folks saying oh

2:59

well this is just maladministration it's

3:01

not actually an impeachable offense uh...

3:03

we've heard others lay out the

3:05

human trafficking uh... the smuggling the

3:09

obstruction uh... the mistrust

3:11

abuse of the public trust so how

3:14

would you characterize how that's going on

3:16

within the republican conference well i mean

3:18

you heard al sharpton me calling it

3:20

an invasion i don't know that i've

3:22

ever heard sharpton say anything that i

3:24

agreed with uh... into the fact

3:27

that you have al sharpton saying that we're being

3:29

evaded is that arrest my case

3:31

right and then so you look at the

3:33

southern border so let's say matt you and

3:35

i we take one of your uh... your

3:37

amazing listeners in the three of us would

3:39

go down the southern border and

3:41

the three of us aid twelve people to come

3:43

into this country illegally you know what happens next

3:45

all three of our asses go to jail that's

3:48

right but my orchids aids

3:50

and abeds eight million people coming into

3:52

this country and nothing's happened it's not

3:55

only criminal uh... or impeachable it's

3:57

criminal and i would argue it's treasonous we

3:59

have tears operating in this

4:01

country. We have Iranian assassins

4:04

with a hit list that was testified

4:06

to before Congress operating in this country.

4:09

And what is this administration doing about

4:11

it? Nothing. Biden keeps getting

4:13

lost in the Rose Garden. I mean

4:16

it's not by accident. That is if

4:18

if my orcas were just an incompetent

4:20

dude and the border were open like

4:22

that would justify the Holman rule taking

4:24

his salary to zero, constraining his authorities,

4:27

but this is a highly competent individual

4:29

who is executing a tragic and illegal

4:31

plan against the United States. Now

4:34

the Senate had their approach to the

4:36

border legislation and like what was so

4:38

funny is there were a lot of

4:40

discussions with House leadership and more senior

4:42

members saying oh well we're gonna get

4:44

jammed by the Senate bill. The Senate

4:46

bill is gonna be just so overwhelmingly

4:48

popular that we'll be forced to take

4:50

things we don't want on maybe Ukraine

4:52

or deficit spending but we'll just have

4:54

to take these border provisions and when

4:56

the public found out it doesn't end

4:58

catch and release, it doesn't end

5:01

the unrestricted abuse of parole from the

5:03

Biden administration, it has this 5,000 person

5:05

a day trigger which by

5:07

the way Joe Biden can wave at any point

5:09

for 45 days. It gives

5:11

him all this additional emergency authority 1.4 billion

5:15

in grants to the open border

5:17

NGOs so you'll be funding the

5:19

invasion too while it's happening according

5:22

to those numbers and you know

5:24

typically the Senate rolls us man

5:27

I mean I know you're in your freshman

5:29

term but I've been here so many years

5:31

where Mitch will stitch together one

5:33

of these omnibus bills and we're just forced to

5:35

take it and in no time we

5:37

blew this thing out of the water. What

5:39

do you think contributed to that reversal of

5:41

fortune? Well I mean the name of your

5:43

show fire brands right you know conservatives

5:45

we stood up and said no

5:48

hell no we called it what it was

5:50

it was total garbage and then the American

5:52

people I mean when you've got Al Sharpton

5:55

talking about an invasion we've got the mayor

5:57

of Chicago or the mayor of New York

5:59

saying please close the border. I mean, I

6:01

don't understand what the Senate was thinking. They

6:04

totally misread the tea leaves on this

6:06

one. Not to mention the $60 billion

6:08

for Ukraine. I mean, that's more

6:11

money than we gave our Marine Corps last

6:13

year. I mean, this is absurd. You

6:16

know, the Marine Corps's budget is like $53.8 billion, and

6:19

we're going to give Ukraine another $60 billion. So

6:21

we're funding their military, but not our own. I

6:23

mean, this is absurd. And so

6:25

to all of you listening, this is why

6:27

you matter. This is why your voice matters.

6:29

And it's important for you to engage. And

6:31

I thank you for that. So

6:33

we're moments away from the MyOrcus impeachment

6:35

vote. I don't know how that

6:37

vote's going to go. I'm not going to make

6:40

any prediction. What I can tell you is there

6:42

has been debate within the Republican conference and absent

6:44

unanimity, you always can count on the Democrats to

6:46

line up behind their guy. Now, maybe there are

6:48

a few Democrats in some swing seats who want

6:50

to vote to impeach MyOrcus. We'll see

6:52

if they have to turn up their head. But

6:55

here's what I know. However the vote goes, this

6:57

needed to happen. It should have happened long

6:59

ago. And if people don't think that MyOrcus

7:01

has committed impeachable offenses on the border,

7:04

then that's between them and their district. And

7:06

I'll let them explain that and deal with

7:08

that, whether they're Republican or Democrats. But you

7:10

have a specific proposal that

7:12

you're going to announce on the

7:14

program, a kind of

7:16

concept on how to think about the people who

7:19

are here illegally, lay it out for us. Well,

7:21

you know, it's called the Send Them Back Act.

7:23

And I think you and I can agree that,

7:25

you know, there's 8 million people that have to

7:27

be deported. And so you

7:29

have to pick a date. So we picked

7:31

the beginning of the Biden administration. So that

7:33

goes back to January 20th, 21. And

7:36

I would also argue that you've got to

7:38

go back further in time and begin processing

7:40

people out of this country. But you've got

7:42

to start somewhere. You've got to, you know,

7:44

how do you eat an elephant one bite

7:46

at a time? So this is an approach

7:48

where we're going to start deporting people. So

7:50

it's a fast-track approach that if you came

7:52

into this country illegally under the Biden administration,

7:54

you would be, quite frankly,

7:57

eligible, if you will, for expedited

7:59

removal. This would be

8:01

the biggest deportation in American

8:03

history, ever contemplated. That's right.

8:05

This is the legislative exoskeleton

8:08

for what President Trump is

8:10

talking about in how to

8:12

remediate what has occurred, because that's kind of the

8:14

difference between where we are now in 2016, right?

8:17

In 2016, it was build the wall,

8:20

then you've got to figure out how to get the

8:22

criminals out. Now, it's like,

8:24

no, no, no, there are millions of

8:26

people here, even people who have committed

8:28

the crime of unlawful entry, but haven't

8:30

re-offended. Those people have to go,

8:32

according to this. Yeah, I mean, look, I

8:35

think we can both agree that our

8:38

immigration process is broken, it needs to

8:40

be fixed. But that's a separate conversation.

8:43

That's a separate problem that has its

8:45

own solution. We have people coming

8:47

into this country illegally. We are a country

8:50

of laws. They have to be enforced. And

8:52

the moment that we give up on the

8:54

rule of law, then we are lost as

8:56

a republic. We've got to enforce this. And

8:58

it's going to be painful. It's going to

9:00

be ugly. But there is, you talk about

9:02

Mallorca as being an intelligent individual, I

9:05

personally believe that he is

9:07

trying to flood Texas, New Mexico,

9:09

and Arizona with this new class

9:11

of voter that the Democrats can

9:13

get hooked on cell phones and food stamps

9:15

and welfare, whatever else, so that those three

9:18

states are forever blue. This is a methodical.

9:20

This is about stealing our country, and I'm

9:22

not going to stand for it. And it's

9:24

also reapportionment. People think, well, maybe

9:26

I have a really good supervisor of elections,

9:28

or I've got a really good attorney general

9:30

that would never let the illegal aliens vote.

9:32

At the end of the day, if they're

9:34

getting counted in the census, which by the

9:36

way they are, then you start to see

9:39

states like Ohio losing congressional seats. And those

9:41

congressional seats can reappear in blue states where

9:43

they've chosen to be sanctuaries and allow all

9:45

these people to come. So that is a

9:47

shift in political power that they are trying

9:49

to achieve through illegal immigration. And

9:53

it brings us to thinking

9:55

about this upcoming budget

9:58

fight that we have in March. All

10:02

the talk about the need for

10:04

a border bill has resulted in

10:06

House Speaker Johnson and many others

10:08

concluding that actually Joe Biden could close

10:10

the border anytime he wanted. All

10:13

you have to do is reinstitute the Trump policies

10:15

and don't abuse the parole authority and

10:17

the asylum authority, and this is like

10:19

an eight-point plan to solve the problem.

10:22

Do you think the Republican majority

10:25

needs a bill in the House? Because I worry

10:27

if we think we have to have

10:29

an immigration bill, then we're willing to

10:31

trade something that the America Last crowd

10:33

wants for it. And at

10:35

the end of the day, what we actually just

10:37

need is Joe Biden to secure the border. Well,

10:39

you and I both know, your audience knows, he has

10:41

the power today. You didn't have this problem under Trump.

10:44

Quite frankly, we didn't have these numbers under Obama. So

10:46

this isn't an issue of laws. This

10:48

isn't an issue of a wall. This isn't an issue of offense.

10:51

This is a Biden administration that is willfully

10:53

letting our country be invaded. It's treasonous. I'm

10:56

sick and tired of this administration. They're screwing

10:58

the American people, and we've got to continue

11:00

to fight. And so, yes, he can close

11:02

the border. And we passed House Bill 2.

11:04

We had a border security bill.

11:07

We've done our job roughly eight months ago, right?

11:09

And so why do we need to pass something

11:11

else? Why would we want to

11:13

trade to get screwed by the Senate?

11:15

So you think the position of the House should be

11:18

H.R. 2? That's our position. That's right. There's

11:20

not some retreat off of that that you

11:23

think achieves it. And what I think reinforces

11:25

that theory is what our colleague Andy Biggs

11:27

often says is that even if H.R. 2

11:29

were a law, like that will be great

11:32

when Donald Trump is president, because then a

11:34

Republican president would have the tools

11:36

to have expanded removal authority. Basically,

11:39

what you're proposing, and to send

11:41

them back, act, is this expedited

11:43

removal authority. Give a Republican administration

11:45

the extra tools to do that.

11:47

But when you're dealing with the

11:49

lawless Biden administration, what's to

11:51

stop them from just memoing over H.R. 2? We've

11:54

got a new interpretation of economic

11:57

duress that creates this whole new asylum. Well,

11:59

I mean, it's kind of like, you know,

12:01

talking about the tools that we're trying to

12:03

equip Trump to have the right tools to

12:05

do the job that needs to be done.

12:08

So it's the new year, you made a resolution,

12:10

you've got all this great workout equipment in your

12:12

garage, you've got all the tools necessary to be

12:14

fit and in shape. But if you don't use

12:16

those tools, if all you're doing is sitting on

12:19

the couch and eating Doritos, you're not

12:21

going to make a change. And that's the problem with this administration.

12:23

They've got the tools they need already on the books

12:26

and they're not doing their job. So what will people

12:28

think of us if we don't force them to use

12:30

them? Well, we got to keep trying. Right. And

12:33

what do you think is the best leverage point? Because

12:35

to me, it's the government funding fight. Yeah,

12:37

absolutely. I mean, this supplemental, the power of

12:39

the purse. Mitch McConnell just went and executed

12:41

his own supplemental. He walked Senator

12:43

Langford off the plank. We've talked extensively

12:45

about how bad that deal was. But

12:48

like when Mitch McConnell is

12:50

putting the slug in the back of

12:52

the head of the bill, I mean,

12:54

that showed that we can win

12:56

if we force these things to be

12:58

evaluated separately and sanely. But

13:01

I don't think that we have to pin

13:03

our hopes for a secure border on some

13:05

supplemental. We should say, no, we have a

13:07

budgeting process. We want to use whatever leverage

13:09

we have as one half of one third

13:11

of the government to get them to do

13:14

what we know and they know would actually

13:16

achieve the problem. I'll give you the last

13:18

word on the send them back act or

13:20

any other border matter. Well, I mean, again,

13:22

I just underscore, you know, this is why

13:24

your governor's matters who leads. Right.

13:27

It matters who your governor is. And so kudos

13:29

to Abbott for taking a stand for Texas. And

13:31

keep in mind, you know, the Supreme Court ruling

13:33

said the federal government can take down the wire,

13:35

but but Abbott can keep putting it up. And

13:37

so we need the states to engage. Look, let's

13:40

face it. The Congress is a big ship. It

13:42

turns slowly. Our states are

13:44

more nimble and they can help lead the fight. But

13:46

we need governors like Abbott or Lee or DeSantis or

13:48

some of these other governors to say, look, enough is

13:51

enough. We're going to take charge. We're going to stand

13:53

with that. We're going to send the National Guard. And

13:55

meanwhile, you and I and Others can put

13:57

forward good pieces of legislation like Send.

14:00

Them back to start a dialogue in our

14:02

conversation that this is our country. We get

14:04

to pick who comes here, it's and we

14:06

get to choose who has to leave. And

14:08

it seems as though you've selected the order

14:10

and it's gonna last in first out which.

14:13

Not. Only I think is practically best.

14:15

It's what's most. They're a threat. Great

14:17

any odors. The great state of Tennessee

14:19

an awesome firebrand. Thanks for joining me!

14:21

I want to give you guys have

14:23

a quick look into what went down

14:25

in the House Weaponization Subcommittee earlier. There

14:27

was this discussion of the use of

14:29

a I for censorship so all the

14:31

you feared about the pressure that government

14:33

was putting on big tech to censor.

14:35

Now they're using a I to achieve

14:37

it at scale. Tickle as. Soon.

14:41

As you're just seen as I

14:43

understand the National Science Foundation, they

14:46

take government money and then the

14:48

dole out in the form of

14:50

grants to colleges. Universities have been

14:52

billed censorship tools that Big Tax

14:54

than relies on so that Big

14:56

Tech has an arm's length away

14:59

from the censorship that shaping viewpoint

15:01

is that since lose your reporting

15:03

includes. Essentially this track as

15:05

program which was through the Convergence Accelerator

15:07

Program where did these seven hundred and

15:09

fifty thousand. And.

15:13

Six of these continued to add

15:15

an additional five million dollars in

15:17

funding and they cities are at

15:19

university, Amazon, or had a company's

15:21

while developing these tools. They

15:24

are all out. With.

15:27

At yeah, I'm working. On

15:30

texting of would be like is

15:33

that okay with you. Would.

15:35

Nsf is done. That

15:38

to my company. As.

15:41

A veteran of committee staff, I shouldn't

15:43

have no better or Mr. Gates I

15:45

have not had the opportunity to a

15:48

study the report in. Okay okay let

15:50

me go through some of the great

15:52

request and so the am I might

15:54

I finish my sentence. Love! Even in

15:56

Iowa I've got I got going. I

15:58

can just finished that one. No,

16:00

you are finishing your text earlier. I'm going

16:02

to finish the questions so minimize the as

16:04

for the record and I was asking for

16:07

a little longer. These governments are you going

16:09

to susceptible to or as my time your

16:11

swords If Miss Rice it mister as the

16:13

question is. The. Mit grants that

16:16

said that people in rural communities

16:18

were particularly susceptible to misinformation. You

16:20

have an opinion on that. I

16:24

do have an opinion, Mister Gates. As

16:26

you know, there are two texts that

16:29

are wholly to me because Mr. Gates

16:31

and I have talked before. One is

16:33

our Torah. Or Bible.

16:36

Said. I live by. A

16:39

I'm an observant person that is a

16:41

Holy Texts to me and I have

16:44

the deepest respect and I've traveled to

16:46

those places I guess as strong I

16:48

guess the province arising I am can

16:50

I please finish my answers? The other

16:52

texts that is holy to me is

16:54

the Constitution. In my quick review of

16:56

this report, those are my two holy

16:58

texts and I share that with the

17:00

Chairman and others on this. I know

17:02

that. Ah, In my

17:05

quick review of the report, it appeared to

17:07

me. That. A great deal of

17:09

the evidence. At related

17:11

to legitimate sponsorship of scientific

17:13

and technological research. Okay, let

17:16

me sorry them Streisand, because

17:18

here's the problem. While. You

17:20

indicate that the tour on the constitution

17:22

or your sacred texts. If.

17:25

Americans, Indicate online.

17:28

That. The Bible. And. The constitution

17:30

or sacred to them. Very.

17:33

Grants. That. Are

17:35

being issued by the Nss. With.

17:37

The most people in a

17:39

separate in diminished class. Where.

17:41

They where is your it? It indeed it.

17:43

It is precisely in. The. am

17:46

i have the materials here now sir

17:48

i was required said that committee release

17:50

the testimony of kate starboards the university

17:52

of washington scientists the former job that

17:54

wasn't me a grandma that you're you're

17:56

talking about a different grant mr ice

17:58

and snow my team She

18:00

explained that if you're rural, if

18:02

you're part of a military family,

18:05

if you view the Bible

18:07

and the Constitution as sacred, then you're

18:09

going to be, and you know why

18:11

they said you're uniquely susceptible to misinformation?

18:13

Because if you think the Bible and

18:15

the Constitution are sacred, you might not

18:17

rely on the expert class, right? You

18:19

might not rely on all the folks

18:21

in DC and at all the think

18:23

tanks, and that's really what people have

18:25

to rely on. And so when we're

18:27

taking government money to go and

18:30

try to harm people

18:32

who have a particular religious view or

18:34

a particular view on the Constitution, I

18:37

would think that in that type of

18:39

a circumstance, we aren't crying wolf when

18:41

there's none at the door. Mr. Gates,

18:43

if we can talk about that material

18:46

in context, if we can have the

18:48

full context of the committee's investigation, the

18:50

ranking member has said there are 29

18:52

depositions that the committee has taken. This

18:54

isn't about any of those. This is

18:57

about when MIT wanted the grant that

18:59

Ms. Richardson was just talking about, right?

19:01

They went and made a presentation to NSF

19:03

and they said, here's why you ought to

19:06

pick MIT in order to do it. And

19:08

it was to target military families, people in

19:10

rural communities, people who believed in the Bible

19:12

and the Constitution. And then guess what? With

19:15

these AI tools, if you stack that up,

19:18

maybe you're a person in a rural

19:20

community who loves both the Bible and

19:22

the Constitution, well, then you're really susceptible

19:24

to misinformation. Because the expert class thinks

19:27

better. You look at the full document.

19:29

Have you seen the movie Minority Report? Have

19:32

you seen the movie Minority Report, Tom Cruise? Yes,

19:34

I have seen that. Doesn't this kind of feel

19:36

like that? You're trying to do

19:38

that. That it's coming to life before our

19:40

very eyes. May I answer? You've got the

19:42

government funding these predictive analytics to go after

19:44

Americans. And here's what I think is actually

19:47

true. It's not that military families and rural

19:49

Americans and people who love the Bible and

19:51

Constitution are dumber or uniquely susceptible to anything.

19:53

It's just they don't think like how the

19:56

expert class and the National Science Foundation wants

19:58

them to think. to program

20:00

what they see so they can control what they

20:02

behave and that is the true weaponization this committee

20:04

will stand against. I yield back. We

20:09

are back live and I still

20:11

got that problem, Sasha. I'm going to take this off.

20:14

Came back. So we're back live and

20:16

the live chat very fired up on the exchange

20:19

with Norm Eisen and you

20:21

know it is something when these

20:23

folks come before our committee and then they

20:25

try to have this grand performance

20:28

when you just want them to answer

20:30

the question as to whether or not

20:32

they believe in grants that are used

20:34

for that type of targeting and then

20:36

are they able to defend that. So

20:39

we'll continue to follow up on the use

20:41

of AI for this particular censorship goal

20:44

and I think we need to legislate to stop it. We

20:47

also want to bring you of course the

20:49

latest updates from our friends at Quiver Quantitative

20:52

on Stock Trading in the United States Congress.

20:55

This one was one that caught

20:57

my interest. Senator

21:00

Tom Carper, here we

21:02

go, here's the tweet from Quiver

21:05

Quantitative, just spotted a couple new

21:07

trades that will be worth keeping

21:10

an eye on. Senator Thomas Carper

21:12

just disclosed purchases of stock in

21:14

Valero Energy and

21:16

Equestrians Midstream. Carper

21:18

sits on the Senate Subcommittee on

21:20

Energy, Natural Resources and Infrastructure. Isn't

21:22

it something that the trading in

21:25

a lot of these cases, not all but

21:27

in a lot of these cases seems to

21:29

align with some sort of committee assignment. Either

21:31

it's illegal or just an amazing

21:34

coincidence. But the

21:36

winning stock trade, I think

21:38

this trade netter over $100,000. Nancy

21:42

Pelosi, the unusual whale that she

21:44

is but Quiver Quantitative gives us this, Lydia

21:48

has now risen 35% since

21:51

Nancy Pelosi bought call options. She

21:54

has made hundreds of thousands

21:56

of dollars in weeks And

21:58

then Quiver Quantitative shows this. screenshots as

22:01

the when those are. Those. Call

22:03

options were placed and then

22:05

when they were executed on

22:07

hundreds of thousands and weeks

22:09

of for Nancy Pelosi Very

22:11

very impressive stock trader. Certainly.

22:14

Did. I mention of the we should pass the Stock

22:16

act. You. I create new.

22:18

Cosponsor. Of the stock act we get more

22:20

and more so signing on so. I'm. Excited about

22:23

that! We need to continue to get. Or

22:25

pressure on lawmakers to sign on these bills

22:27

and congressional stock trading. So.

22:30

Ah, this was a clip that

22:32

I saw about financial markets that

22:34

I wanted to share with everybody

22:36

it comes from. Barry.

22:39

As stern let. He's.

22:41

The Ceo of Star Word

22:43

Capital. And. He's talking about

22:46

the major marketplace, the major asset

22:48

class of office space, and what

22:50

it says about people returning to

22:52

work. And how folks who

22:55

have retirement accounts were four o?

22:57

One case could see an asset

22:59

class collapse douglas. I

23:03

heard it. how to the balance sheet issue

23:05

and we know that closer trillion dollars have

23:07

offices coming. Do you set a nice little

23:09

recessive gonna bring people back to the study's

23:11

authors. Husband is it as exactly idea that if

23:13

you go back to work. So for this

23:15

this is a uniquely us how long

23:18

you say. We would have a

23:20

problem and in real say in

23:22

every sector, real estate not office

23:24

because of the five hundred business

23:26

when increasing rates that was vertical,

23:28

the fact that one asset class

23:30

never recovered, people never went back

23:32

to work in the United States

23:34

in the office. The office market

23:36

has an existential crisis right now,

23:38

and so you know there's is

23:40

a three trillion are asset classes,

23:42

probably worth one point. Eight trillion

23:44

is one point two trillion of

23:46

losses spread somewhere and nobody knows.

23:48

exactly where it all is and i saw

23:50

a signature bank was sold and we bid

23:52

on a farm in our buildings in new

23:54

york thera hundred mine are the guy bought a

23:56

for two hundred loans one hundred we thought was

23:58

was thirty million dollars There's a building for

24:01

sale right now in San Francisco. It was bought

24:03

for $850 a foot. The loan was $450 a foot. They'll

24:05

sell it for $250 a foot. I mean, that's

24:07

$0.25 on the dollar. That would mean we lost 3 quarters

24:10

of the total asset class. Now, this

24:12

asset class is not just owned by

24:14

rich people. It's owned by pension plans

24:16

and other people, small investors. We're not

24:19

just talking about towers. We're talking about

24:21

the buildings that surround towns and municipalities.

24:24

But there is a bright spot. The

24:28

office situation is a completely US phenomenon. I

24:30

just was in Munich last week and rents in

24:32

Munich are up 15%. The

24:34

vacancy rate in Munich is 2% for class

24:37

A. In Seoul, Korea, it's 1%. In

24:40

Tokyo, it's 4%. Everyone's back to

24:42

work, except for Americans. We've gone off the deep end.

24:45

We don't show up for work. We don't apply for jobs. And we don't

24:47

feel like we have to go back to the office. We

24:52

are back live. And Debbie on X

24:54

says that she basically lost her 401k

24:57

under this administration. And this particular asset

24:59

class, it's interesting. Because if you think

25:01

about it futuristically, you're

25:03

going to have a ton

25:05

of these office complexes and

25:07

office spaces go into economic

25:10

distress categories. They're going to fall into

25:12

various types of bankruptcy, depending

25:15

on whether or not they're spitting off any

25:17

meaningful cash flow to be preserved and how

25:19

they're organized. But a lot of them are

25:21

like singly owned LLCs. And then even the

25:23

land underneath is a separate LLC. So you're

25:25

going to have massive collapses in

25:28

those. And people are going to be

25:30

able to go buy those distressed assets

25:32

for pennies on the dollar. And

25:35

they already have this built

25:37

in density, right? Because they're

25:39

all zoned commercial. And what's

25:41

happening right now is that rural America is

25:44

resisting some of the urban sprawl.

25:47

You're getting some protection of urban

25:49

spaces. We're under the most massive

25:51

of some rural spaces. What are

25:53

some of the most massive challenges

25:56

in terms of need for inventory

25:58

and housing? People are paying

26:01

enormous sums for housing, and

26:03

then you have this distressed asset class with

26:05

a ton of inventory. So, some smart developer

26:07

is gonna figure out how to go buy

26:09

up these old office buildings where no one's

26:11

coming back to work, and they're gonna turn

26:13

them into these like, you know, food

26:16

hall, living space, urban living areas,

26:18

and probably make a killing off

26:20

of it, but we'll be here

26:22

trying to save America and America's economy

26:24

while that's happening. Today, I

26:27

introduced legislation to declare that Donald

26:29

Trump did not participate in an

26:32

insurrection. I had a number

26:34

of co-sponsors to that. We had a big press

26:36

conference. I wanna bring you a couple of the

26:38

big moments. Take a listen. We

26:42

are here today to authoritatively express

26:44

that President Trump did not commit

26:47

an insurrection, and we believe

26:49

Congress has a unique role in making that

26:51

declaration. It's not the job of

26:53

the states, and especially not the job

26:55

of some bureaucrats in Colorado, to make

26:57

this assessment and interfere with the rights of

26:59

voters to cast their vote for the

27:01

candidate of their choice. The

27:04

very experts who often get on

27:06

television and talk about securing democracy

27:08

seem to be the first to

27:10

wanna then remove a candidate from the

27:12

ballot because they are afraid that he is too

27:14

popular. We have 63 co-sponsors

27:17

to the resolution that Mr. Fonnick

27:19

and I will be filing today

27:21

to express the sense of Congress

27:23

that President Trump did not commit

27:26

an insurrection. I wanna express my gratitude

27:28

to Senator Vance for filing the companion

27:30

legislation over in the Senate, and now

27:33

it's time for members of the House

27:35

and Senate to show where they stand

27:37

on this question. We and

27:39

the former president welcome and expect many more

27:41

co-sponsors in the coming days and look forward

27:44

to a floor vote. I

27:48

spoke with President Trump. He was

27:50

thrilled at the amount of support

27:52

from the House of Representatives for

27:54

this legislation expressing authoritatively

27:57

that he did not participate in any sort of insurrection.

28:00

or rebellion. We know that to be the case,

28:02

but I think that this is an

28:05

opportunity for all lawmakers to sign

28:07

on to this bill and to show where

28:09

they stand 63 currently, and we

28:13

expect that number to rise. Actually, it probably already has

28:15

risen since we started the

28:18

program because we had a number

28:20

of calls coming in with members

28:22

hearing from their constituents about how

28:24

they wanted them on the Gates

28:26

Resolution, and we welcome everyone to

28:28

that cause. But I would say

28:30

probably the best tongue-lashing delivered to

28:32

the media came from firebrand Eli

28:34

Crane of Arizona. Eli definitely did

28:36

not have decaf this morning. Take

28:38

a listen. You

28:42

know what I love about this, watching where President Trump

28:44

is at in the polls? I

28:47

love it because it shows the American people don't

28:49

trust you guys, and they shouldn't because

28:52

you guys are full of it and everybody knows it. There's

28:54

a few honest journalists in this town, but there are

28:56

very few and far between. You

28:58

know how I know it wasn't an insurrection? Because

29:01

he hasn't been charged with insurrection. And

29:04

we can all see by the lawfare how

29:06

he's facing up over 700 years in

29:09

jail right now, how they've tried to destroy

29:12

this man, destroy his businesses, that if they

29:14

felt they had an inkling

29:16

of a chance of convicting President

29:18

Trump of jaywalking or

29:20

insurrection, they would absolutely charge him. You

29:22

know how else I know it's not

29:24

an insurrection? Because this

29:26

is the first insurrection in the history of the

29:28

world where the people that

29:31

were a part of it were unarmed. It's

29:33

pretty hard to do if you walk around

29:35

and see how many individuals are carrying firearms.

29:38

All right. Last thing I want to say about how

29:40

I know it's not an insurrection is because I actually

29:42

listened to the words of the president. If

29:45

you're trying to stoke an insurrection, you don't tell

29:47

the people listening, hey, I want you to go

29:49

over there peacefully and patriotically. All

29:52

right. This is not an insurrection. What

29:55

it is, is a party that's scared

29:57

to death of this man because he's America.

29:59

first and he's shown time and time again

30:01

he's willing to bust up the swamp and

30:04

he continues to beat you like a

30:06

drum. That's what this is

30:08

really about and for all you

30:10

journalists out there you

30:12

know that are pretty cowardly some

30:15

in this room right now you don't

30:17

have the you don't have the balls to write the

30:19

truth and even if you did your publishers wouldn't publish

30:21

it because you're a part of

30:23

a propaganda outlet probably one of the biggest in

30:25

the history of the world. If you

30:28

had any courage I want I want some you

30:30

to ask some questions about

30:32

that day January 6th that we keep talking

30:34

about. Why is the pipe bomber

30:37

not been caught yet? Huh?

30:40

Why is the pipe bomber not been caught?

30:42

The one individual that could have committed multiple

30:45

mass casualties has not been caught yet. Go

30:49

look at go go follow some of

30:51

Beatty's reporting over of revolver news he's

30:53

got some evidence for you guys. What's

30:55

going on up here with January 6th

30:58

is there's a pretty big cover-up actually

31:00

going on up here in Capitol Hill

31:02

about some of the involvement of our

31:04

government and it's quite

31:06

unsavory and I want to acknowledge rep

31:09

Massey's work on this lately and others who have

31:11

been trying to get to the bottom of it

31:14

but here's some other here's some other questions

31:16

for you journalists to ask. Why

31:19

did it take so long for Ray Epps to be charged? Hmm?

31:23

Go watch videos of Ray Epps on that

31:25

day and how he was stoking the

31:28

entire thing and how long it took him to

31:30

be charged and yet there were so many people

31:32

that were brought in brought into

31:34

the DC jail and

31:37

they're still there to this day. So if

31:39

you guys want to ask some questions those are

31:41

some questions but the bottom line is we all

31:43

know President Trump didn't did not

31:45

commit insurrection and he's

31:48

probably going to be the president of the United

31:50

States once again and so I'm happy to be

31:52

a part of this resolution I'm happy to support

31:54

the president and I'm happy to call out all

31:57

you little cowardly liars in the press.

32:00

Thank you. Congressman

32:03

Eli Crane taking no prisoners there

32:06

at our press conference As

32:08

we released our intention to put our thumb

32:11

on the scale as the United States Congress

32:13

to declare that Donald Trump did not commit

32:15

An insurrection so a quick note

32:17

about how you consume the program We want

32:19

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32:36

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32:39

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a studio here on Capitol Hill So

32:56

while we really enjoy doing this from the

32:58

office We may be able to bring you

33:00

a product with a few less glitches a

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little better lighting if we're not Broadcasting out

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of the office so we may do a

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few over there when we have our guests

33:08

and want to have a more inclusive Conversation,

33:10

but thank you for everything you've done to

33:12

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33:25

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