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    Debt Ceiling Showdown, the 14th Amendment, plus a Beer Company Goes Woke & Markets to Kids?!?

    enMay 22, 2023

    Podcast Summary

    • CCP's Influence on Hollywood and US Debt Ceiling StandoffThe CCP allegedly wields power in Hollywood, while Biden refuses to negotiate spending cuts for the debt ceiling, potentially leading to a financial crisis.

      The Chinese Communist Party (CCP) is reportedly exerting significant influence over major Hollywood studios, as revealed in the documentary "Hollywood Takeover" by investigative reporter Tiffany Meyer. Meanwhile, in political news, there's a standoff between Joe Biden and Republicans over the debt ceiling, which is a cap on how much money the federal government can borrow. The treasury department estimates that the US will hit the debt ceiling around June 1st, but Biden has refused to negotiate any spending cuts and instead demands a blank check to borrow unlimited money. The debate over the debt ceiling is a recurring issue in US politics, with the federal government's deficit spending causing the debt to continually grow. In other news, a Republican leader passed away, and there are discussions about Barack Obama's comments regarding the 14th amendment and the debt ceiling. Additionally, Bud Light could be in trouble for marketing to children.

    • White House and House Republicans at odds over debt ceiling and budgetThe U.S. risks a debt default, negatively impacting the economy, if an agreement isn't reached on the debt ceiling and budget. Both sides should compromise to prevent this and maintain a strong credit rating.

      The ongoing debate between the White House and House Republicans over raising the debt ceiling and budget issues has reached an impasse, with work requirements for welfare being a major point of contention. If an agreement isn't reached, there's a risk of a U.S. debt default, which could negatively impact the economy by causing a downgrade of the U.S. credit rating and leading to higher borrowing costs. It's crucial that the U.S. doesn't default on its debt, and President Biden could prevent this by prioritizing debt payments. However, Biden is using the threat of a default to scare people and blame Republicans. A responsible stance would be for both sides to come to a compromise, such as reducing spending, to prevent a default and maintain the U.S.'s strong credit rating. Additionally, a majority of Americans, including Democrats, support reducing spending as part of any debt ceiling agreement.

    • Protecting Wealth with Gold IRAs and Fiscal ResponsibilityAugusta Precious Metals advocates for wealth protection via gold IRAs and education, while House Republicans' fiscal plan focuses on reducing spending and debt through responsible measures, contradicting extreme labels.

      Augusta Precious Metals emphasizes the importance of protecting hard-earned dollars through diversification and education about gold IRAs. Meanwhile, House Republicans' fiscal plan, which aims to reduce the deficit and spending, is being mislabeled as extreme or destructive by some media and Democrats. However, when looking at the numbers, federal spending has increased by over 50% since 2017, while revenues have also risen significantly due to the Trump tax cuts. The recent Republican bill, which aims to save 4.8 trillion over 10 years, focuses on reducing discretionary spending to levels from December 2022 and allowing it to grow at 1% per year going forward. This budget also rescinds unspent COVID money. These actions are not extreme but rather responsible steps towards addressing the growing federal debt.

    • Debate over government spending and welfare work requirementsDemocrats oppose cutting pandemic relief spending, while Republicans prioritize reducing new IRS agents and maintaining welfare work requirements. The 14th Amendment's Section 4 is a potential solution to bypass the debt ceiling, but opinions are divided.

      The ongoing debate around government spending revolves around the perceived end of the COVID-19 pandemic and the proposed implementation of work requirements for welfare. Democrats argue against cutting spending on pandemic relief, while Republicans emphasize the importance of reducing the number of new IRS agents and maintaining work requirements for welfare. The speaker also advocated for the dignity and self-respect gained through work and shared success stories from the 1990s welfare reform. The 14th Amendment, specifically Section 4, has emerged as a contentious issue, with Democrats considering it as a potential solution to bypass the debt ceiling, despite conflicting opinions from administration officials.

    • The 14th Amendment and US DebtThe 14th Amendment's Section 4 does not give Biden free rein to bypass the debt ceiling, despite some far-left interpretations.

      The 14th Amendment, passed after the Civil War, was foundational in protecting civil rights, including the equal protection clause and due process. Section 4 of the amendment dealt with the payment of war debts, stating that the validity of the US public debt would not be questioned, but debts incurred for rebellion or insurrection against the US would be considered illegal and void. The far left has misconstrued this to mean that the debt ceiling is unconstitutional and that Biden can borrow freely, but this interpretation is incorrect. Both Obama and Biden have previously stated that this is not a winning argument. Biden, like Obama before him, has consistently given in to progressive demands, but in this case, he acknowledged the challenge of using the 14th Amendment to bypass the debt ceiling.

    • The 14th Amendment Doesn't Allow Biden to Bypass Congress on Debt CeilingThe Constitution grants spending power to Congress, not the president, and the 14th amendment doesn't authorize the president to fund all government operations without an appropriation in times of debt ceiling impasse.

      There is no credible argument that the 14th amendment allows President Biden to bypass Congress and fund government operations without an appropriation when the debt ceiling is reached. The Constitution gives the power of the purse to Congress, meaning the executive cannot spend money without an appropriation. The left's argument that the 14th amendment would mandate prioritization of debt payments is not valid, as it does not grant the president the ability to fund all government agencies without an appropriation. The best solution to the current debt ceiling impasse is for Congress and the White House to negotiate a reasonable agreement to rein in spending and avoid default. It's crucial for the public to speak out and urge both parties to accept a moderate solution and work towards getting the fiscal house in order.

    • Bud Light under fire for marketing to underage audience through partnership with Dylan MulvaneySenator Cruz calls for investigation into Bud Light's partnership with Dylan Mulvaney for potential marketing to underage individuals, violating industry regulations.

      There are concerns that Bud Light, through its partnership with Dylan Mulvaney, may have intentionally marketed alcohol to underage individuals, which goes against industry regulations. Senator Cruz discussed this issue on Fox and Friends and sent a letter to the CEO of Anheuser Busch, who is also the chairman of the Beer Institute, calling for an investigation into the matter. The Beer Institute is a self-regulatory body that prohibits marketing to minors. Dylan Mulvaney, who is transgender and has a large following on social media, has a significant number of underage followers. Bud Light's marketing efforts, such as Mulvaney's "Days of Girlhood" video and her singing "My Name is Eloise and I am 6," have been criticized for targeting young audiences. The potential violation of marketing regulations raises questions about Bud Light's intentions and the effectiveness of self-regulation in the industry.

    • Bud Light's Marketing Struggles and Cruz's Call for InvestigationBud Light faces declining sales and scrutiny over marketing tactics towards young audiences, while Senator Cruz advocates for an investigation into potential rule violations.

      The Bud Light Vice President of Marketing acknowledged the brand's decline and the importance of attracting young drinkers to secure its future, before the Mulvaney controversy. Senator Cruz has raised concerns about Bud Light's marketing tactics towards young audiences and called for an investigation. Meanwhile, the left has criticized Cruz for his stance, but the issue at hand is the potential violation of rules against marketing to minors. Additionally, the passing of Boyden Gray, a renowned lawyer and former White House counsel, is worth celebrating for his contributions to conservative politics and his work with various presidents.

    • A Prominent Figure in Government, Law, and Disability PolicyRaised in a family of public service, Boyden Gray became a lawyer, White House counsel, and leading architect of the Americans with Disabilities Act, advocating for freedom, economic liberty, and regulatory reform throughout his distinguished career.

      Boyden Gray was an exceptional figure who made significant contributions to government, law, and disability policy throughout his distinguished career. Raised in a family with a tradition of public service, Gray attended Harvard University and served in the Marines before becoming a prominent lawyer. He worked closely with President George H.W. Bush, serving as his White House counsel and playing a pivotal role in the nomination and confirmation of Supreme Court Justice Clarence Thomas. Gray was also a leading architect of the Americans with Disabilities Act, which empowered people with disabilities to work and achieve maximum independence. Gray's passion for freedom and economic liberty made him a relentless advocate for regulatory reform, and he was an early supporter of Senator Ted Cruz. His legacy continues to influence disability policy and the dignity of work for all Americans.

    • Legacy of Boyden Gray, Hollywood's Chinese ties, and saving on medical billsBoyden Gray left a legacy of helping disabled people work independently, Hollywood faces scrutiny for prioritizing CCP interests, and HealthLock saves members over $130 million by correcting medical bill errors

      Boyden Gray, a renowned Republican lawyer, left an incredible legacy in helping people with disabilities achieve maximum independence and engagement in the workforce. Beyond his professional accomplishments, Gray was remembered fondly for his intelligence, sense of humor, and patriotism. Meanwhile, in a different realm, Hollywood faces scrutiny for reportedly prioritizing the Chinese Communist Party's interests over American values. The documentary "Hollywood Takeover" by Tiffany Meyer, available at hollywoodtakeover.com/ben, sheds light on this issue. Lastly, it's crucial to be aware of potential errors in medical bills, which can save you significant money. HealthLock, a technology that securely connects with your insurance, can help identify and rectify such inaccuracies, having already saved its members over $130 million. Don't forget to subscribe to our show, published Mondays, Wednesdays, and Fridays, and write us a 5-star review.

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