Charlie Hurt: The history of communism is always the same
By Fox Business
Here's a detailed summary of the YouTube video transcript, maintaining the original language and technical precision:
Key Concepts
- New York Mayoral Race: Discussion of a poll showing a socialist candidate, Mamdani, leading significantly, and concerns about his policies.
- Government Shutdown: Analysis of the ongoing government shutdown, its impact on federal workers and social programs, and the political motivations behind it.
- Economic Impact of Shutdown: Examination of how the stock market is performing positively despite the shutdown, and the contrasting pain experienced by small businesses and individuals.
- International Sanctions on Russia: Discussion of President Trump's tough sanctions on Russian oil and their potential impact on global energy prices and international trade.
- US-China Relations: Concerns about China's broken promises regarding trade deals and the US's vulnerability to China's control over rare earth minerals and pharmaceuticals.
- Off-Year Elections: Predictions and analysis of the New Jersey and Virginia gubernatorial races and their potential implications for the upcoming midterm elections.
- Gambling and Sports: A brief discussion on a scandal involving NBA players and potential implications for legalized gambling.
New York Mayoral Race and Socialist Policies
The discussion begins with a poll for the New York mayoral race, indicating that the socialist candidate, Mamdani, is significantly ahead of other candidates, including Cuomo. Charlie Hurt notes that it will be "very difficult to close the gap" and that Mamdani is "still doesn't seem able to break the 50% mark," which is considered "not a good situation." He suggests this situation will be "good for Republicans everywhere else" but "really bad for New Yorkers."
Sandra Smith expresses concern about the level of support for a socialist candidate in America today, stating that Mamdani's proposed policies "historically speaking, cannot work. And can destroy the city that we all love today." She questions why Cuomo didn't prepare better for the debate and whether Sliwa should be out of the race, though she acknowledges Sliwa "runs better than Cuomo head to head against Mamdani."
Senator James Lankford humorously notes that "they're all in New York" when asked about Maoists in Oklahoma, implying that such ideologies are concentrated in the city. He contrasts this with the "conservatives in New York have come to Oklahoma and Florida," and expresses his love for Oklahoma.
A poll is cited indicating that 25% of New York likely voters are considering moving, which is estimated to be "a couple million people." Larry expresses surprise that Jamie Dimon, CEO of JPMorgan Chase, isn't more involved, given his significant investment in a new headquarters in New York. Dimon's expectation is to fill the building with workers who will have families and "worry about crime and a city under Mamdani, a socialist."
Lankford warns about the history of communism, stating that "promises, they're false promises, they're all lies," and it takes years for people to learn the lessons, during which time it will be "devastating" for workers. He argues that "poor people are going to be hurt the worst" because they "can't move out." He sarcastically notes that it "worked out great for Cuba" and "worked out great for Venezuela right now."
Government Shutdown and Political Stalemate
The conversation shifts to the ongoing government shutdown. Senator Lankford expresses frustration with Democrats, stating their "whole goal was just to be able to protest against President Trump." He highlights the immediate consequences: federal workers not receiving paychecks, and SNAP (food stamps) not being available nationwide by the following Saturday, affecting "tens of millions of Americans that are in poverty."
Lankford believes the shutdown will end when "a group of Democrats say, enough is enough, I'm hurting so many families." He quotes the Democratic whip saying, "families have got to suffer so we can have leverage."
Charlie Hurt suggests the shutdown won't end until President Trump negotiates a deal, but notes Trump is on an international trip. He also points out that Trump's actions during the shutdown, like his international trip, demonstrate that "there is at least somebody who is tackling serious problems and getting things done." He worries that if no resolution is reached by early next week, it could extend past Thanksgiving, and the election outcomes might influence the situation. He notes that in Virginia, where many federal workers are Democrats, their potential upset could help Democrats in that state.
Larry mentions that Congress's approval rating "really can't get any lower." He cites a Rasmussen poll indicating that "51% of respondents want the government shutdown to continue to shut down."
Sandra Smith observes that the stock market has performed exceptionally well during the shutdown, reaching "record high after record high." She attributes this partly to hopes of "some rate cuts." She acknowledges that "sometimes gridlock is good for Wall Street," but emphasizes that there must be "some hard evidence of record pain the longer this goes on." She points to restaurants and businesses around federal buildings suffering, and individuals cutting back on spending due to uncertainty about paychecks.
Senator Lankford states he wants Democrats to "actually... march [to] a different route." He defends the filibuster, calling breaking it a "terrible idea" and emphasizing the need for a space where "both sides have got to talk like grown-ups." He warns that Democrats would use the elimination of the filibuster to "take away right to work states."
White House Renovations and Political Hypocrisy
The discussion touches on the White House renovations, specifically the banquet ballroom. Larry notes that presidents have historically made changes to the White House, citing Thomas Jefferson, Andrew Jackson, Harry Truman, Jackie Kennedy, and Richard Nixon. He questions why Democrats are "losing their minds over this."
Sandra Smith calls the hypocrisy "quite stunning," recalling how the mainstream media celebrated changes during the Obama years. She points out that Harry Truman "gutted the White House and rebuilt the entire inside," making the current reaction "absurd." She predicts that a future Democratic president will be "happy to use" the new ballroom.
Lankford expresses pleasure in seeing Democrats "looking back on American history longingly and liking it," as they have recently "hated it."
Democratic Party's Sole Focus: Hating Trump
Larry argues that the Democratic Party's "one policy position and only one policy position" is to "hate Trump." He believes this is "not a winning message. That is not a winning strategy. That is not a winning future." He notes that President Trump's focus on "secure border, lowering crime, getting rid of drugs on our streets, growing economy, engagement internationally" sounds like a "pretty American focus," and Democrats seem to "hate everything about that."
Sports Betting Scandal and Gambling Concerns
Sandra Smith discusses a scandal involving NBA players, describing it as a "pretty ugly story" and "like a script for a Hollywood movie." She questions the incentive for NBA players making "tens of millions of dollars" to rig games for smaller amounts, suggesting "there's a lot more here that we don't know about." She believes the story "is going to be way bigger." Larry compares it to "Goodfellas."
Larry asks if this will lead to a backlash against legalized gambling. Smith's question is about the "thrill" versus rigging games, and she believes the financial incentive for rigging a game for $200,000 when earning millions is questionable, suggesting it might be related to "paying off... losing bets."
Sanctions on Russian Oil and US-China Relations
Sandra Smith highlights President Trump's "huge" and "tough" sanctions on Russian oil, stating that any entity involved in purchasing or indemnifying Russian oil will be "out of the dollar system" and "out of the SWIFT payments ledger." Larry asks if this is "100% enforceable," and Smith acknowledges, "We will see."
She notes that about "40% of India's imports are Russian oil," and questions where they will find replacements. The US could potentially fill that gap. While acknowledging the sanctions are a "fantastic thing in the right direction" to cripple Russia's economy, she wonders about the impact on US oil prices, which have been around $60 a barrel. Some predict this could add "$5 to our barrel."
Larry mentions the US is producing "13.6 million barrels a day, which I believe is an all-time high." He also notes that the Saudis are increasing production and "like what we're doing."
The conversation turns to President Trump's upcoming trip to China and the "Phase One deal." Senator Lankford states that China "broke every promise" and that "we cannot trust the Chinese." He emphasizes the need to "be strong against China" and fix US vulnerabilities, such as not having a "communist nation controlling our energy supply with rare earths" or our "pharmaceuticals." He warns that if China can control medicine supply, "we are exposed, and we're exposed right now."
Off-Year Election Predictions
Charlie Hurt predicts a win for Ciattarelli in New Jersey and a "very good shot" for Jason Miyares to beat Jay Jones in Virginia. He acknowledges that in "this environment, who knows?" He finds it "extraordinary" that Republicans are even competitive in these two Democrat states, especially with a Republican in the White House.
Larry agrees that two Republican victories would be "extraordinary" and a "death knell for the midterms next year." He reiterates that the Democrats' sole issue is Donald Trump, and questions what they will talk about when he's gone. He notes that Miyares told Jones he should run for Congress, implying the race had "nothing" to do with national issues.
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