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Charlie Kirk Today

Mark Halperin: February 23, 2026 | Charlie Kirk Today

February 23, 2026 | 23:29

Mark Halperin: February 23, 2026 | Charlie Kirk Today
Join Mark Halperin as he breaks down the biggest news, challenges the mainstream narrative, and delivers fearless commentary on faith, culture, and politics. No spin. No censorship. Just the TRUTH.
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Charlie Kirk Today | Mark Halperin: February 23, 2026 | Charlie Kirk Today | February 23, 2026
  • Today's lead is sometimes you
  • 00:00:09.165 --> 00:00:10.867
  • Have to come up with a lead and sometimes a lead.
  • 00:00:10.867 --> 00:00:13.103
  • Sometimes it is thrust upon you with great anticipation.
  • 00:00:13.103 --> 00:00:16.806
  • And that is, of course,
  • 00:00:16.806 --> 00:00:17.874
  • The tariff decision
  • 00:00:17.874 --> 00:00:19.476
  • That has come down from the supreme court.
  • 00:00:19.476 --> 00:00:21.711
  • Now, we spent the morning pouring over this.
  • 00:00:21.711 --> 00:00:24.814
  • We've got jonathan carney from breitbart,
  • 00:00:24.814 --> 00:00:27.817
  • Who's kind of the resident tariff expert.
  • 00:00:27.817 --> 00:00:29.986
  • He's going to be joining us any moment now, so i'm told.
  • 00:00:29.986 --> 00:00:33.423
  • But this was a blockbuster decision
  • 00:00:33.423 --> 00:00:36.359
  • That we had been waiting for now, just to set the terms.
  • 00:00:36.359 --> 00:00:39.429
  • This was any tariff that had been established
  • 00:00:39.429 --> 00:00:42.632
  • By president trump under what's called the epa,
  • 00:00:42.632 --> 00:00:45.902
  • Which is essentially an emergency power
  • 00:00:45.902 --> 00:00:48.371
  • That the president has been given by the congress.
  • 00:00:48.371 --> 00:00:52.909
  • And but it's never really been used to do tariffs.
  • 00:00:52.909 --> 00:00:55.345
  • Now, its predecessor, what was it called?
  • 00:00:55.345 --> 00:00:57.647
  • It was like trading with the enemy,
  • 00:00:57.647 --> 00:00:59.115
  • Trading with the enemy act was used one time in a limited
  • 00:00:59.115 --> 00:01:02.952
  • Fashion, 10% tariffs by president nixon.
  • 00:01:02.952 --> 00:01:06.156
  • So it's not completely without precedent.
  • 00:01:06.156 --> 00:01:08.691
  • But it the that law had been replaced by the epa
  • 00:01:08.691 --> 00:01:13.663
  • And it had never been used by president
  • 00:01:13.663 --> 00:01:15.165
  • In the way that president trump was using.
  • 00:01:15.165 --> 00:01:16.566
  • They have struck down president trump's ability to do it.
  • 00:01:16.566 --> 00:01:20.136
  • But there's so many wrinkles.
  • 00:01:20.136 --> 00:01:21.404
  • So this is we should just just to set the stage here.
  • 00:01:21.404 --> 00:01:23.606
  • This is mainly the this is the liberation day
  • 00:01:23.606 --> 00:01:26.075
  • Tariffs that were announced with great fanfare.
  • 00:01:26.075 --> 00:01:28.578
  • And some of the reciprocal tariffs.
  • 00:01:28.578 --> 00:01:30.213
  • Yeah, about ten months ago as well as other
  • 00:01:30.213 --> 00:01:33.683
  • The reciprocal tariffs.
  • 00:01:34.184 --> 00:01:35.151
  • He did also a lot of what he was doing
  • 00:01:35.151 --> 00:01:37.387
  • Where you know you'd see
  • 00:01:37.387 --> 00:01:38.588
  • The president goes on truth social and reacts to something
  • 00:01:38.588 --> 00:01:42.125
  • And says there will be a 100% tariff on canada or china
  • 00:01:42.125 --> 00:01:45.695
  • Until this is changed.
  • 00:01:45.695 --> 00:01:47.063
  • A lot of those
  • 00:01:47.063 --> 00:01:48.331
  • Really aggressive tariffs that he would announce
  • 00:01:48.331 --> 00:01:50.934
  • On short notice
  • 00:01:50.934 --> 00:01:51.968
  • That's coming through this bill, the epa,
  • 00:01:51.968 --> 00:01:54.871
  • The international emergency economic powers act. yes.
  • 00:01:54.871 --> 00:01:57.974
  • And it is a 6 to 3 ruling.
  • 00:01:57.974 --> 00:01:59.876
  • So that involved of the justices
  • 00:01:59.876 --> 00:02:02.779
  • Who would be considered more on the right that we lost
  • 00:02:02.779 --> 00:02:05.682
  • Roberts, we lost gorsuch, we lost amy coney barrett.
  • 00:02:05.682 --> 00:02:08.484
  • So that's two of president trump's three picks.
  • 00:02:08.484 --> 00:02:11.888
  • In fact, and they said, in essence, that
  • 00:02:11.888 --> 00:02:15.925
  • The basically that the president's
  • 00:02:16.693 --> 00:02:18.194
  • Claim of power was too large that he that the bill
  • 00:02:18.194 --> 00:02:22.498
  • Is not intended by congress to allow the president
  • 00:02:22.498 --> 00:02:25.501
  • To declare any emergency and thereby impose any tariff.
  • 00:02:25.501 --> 00:02:30.106
  • So they imply, even in the ruling,
  • 00:02:30.106 --> 00:02:32.208
  • That if it had been,
  • 00:02:32.208 --> 00:02:33.743
  • If it had been more concrete, if he'd said these tariffs are
  • 00:02:33.743 --> 00:02:36.546
  • Maybe lower or for a more limited duration, temporary
  • 00:02:36.546 --> 00:02:39.482
  • Probably would have held up stronger.
  • 00:02:39.482 --> 00:02:42.518
  • They seem to take issue with what they say
  • 00:02:42.518 --> 00:02:45.221
  • Is the president claiming almost total
  • 00:02:45.221 --> 00:02:48.324
  • Unlimited authority, you might say, over the ability
  • 00:02:48.324 --> 00:02:50.960
  • To regulate international trade.
  • 00:02:50.960 --> 00:02:52.495
  • And i think we have john carney.
  • 00:02:52.495 --> 00:02:56.399
  • Yes, we do. we have. and, john, welcome to the show.
  • 00:02:56.399 --> 00:02:58.835
  • I know you got a busy morning.
  • 00:02:58.835 --> 00:03:00.370
  • You're in hot demand this morning with the tariff ruling.
  • 00:03:00.370 --> 00:03:03.506
  • We've kind of set the stage here
  • 00:03:04.207 --> 00:03:05.842
  • While we're waiting for you.
  • 00:03:05.842 --> 00:03:07.143
  • The question then becomes, what happens next?
  • 00:03:07.143 --> 00:03:09.879
  • I've seen rumors that president trump has a backup plan.
  • 00:03:09.879 --> 00:03:13.483
  • Okay, so he can't do tariffs under epa.
  • 00:03:13.483 --> 00:03:16.619
  • We could disagree with that. we could agree with that.
  • 00:03:16.619 --> 00:03:19.188
  • What happens next.
  • 00:03:19.188 --> 00:03:21.157
  • So there are a number of plans.
  • 00:03:21.157 --> 00:03:23.760
  • There's there's actually about six statutes
  • 00:03:23.760 --> 00:03:27.463
  • That just on the face of themselves,
  • 00:03:27.463 --> 00:03:29.499
  • Allow the president to impose tariffs.
  • 00:03:29.499 --> 00:03:33.069
  • The reason why they wanted to do under aep, though, is
  • 00:03:33.069 --> 00:03:35.738
  • There's a lot more,
  • 00:03:35.738 --> 00:03:38.608
  • Procedural hurdles to this one.
  • 00:03:38.608 --> 00:03:41.311
  • So a lot of them you have to do multi-month studies,
  • 00:03:41.311 --> 00:03:45.248
  • But usually by the commerce department,
  • 00:03:45.248 --> 00:03:48.017
  • Sometimes they have time limits.
  • 00:03:48.017 --> 00:03:49.719
  • They can only be imposed for a little bit.
  • 00:03:49.719 --> 00:03:52.622
  • So it'll be more complex.
  • 00:03:52.622 --> 00:03:54.991
  • I've proposed, something i call iea,
  • 00:03:54.991 --> 00:03:58.161
  • Which is a licensing regime that would actually link
  • 00:03:58.161 --> 00:04:02.198
  • The ability of other countries to to export to the us,
  • 00:04:02.198 --> 00:04:06.502
  • To a license fee that would totally be allowed under it.
  • 00:04:06.502 --> 00:04:10.073
  • But so this is another thing that they can do under ipr
  • 00:04:10.073 --> 00:04:14.077
  • That the administration hasn't yet fully considered.
  • 00:04:14.077 --> 00:04:17.347
  • A big question to me is what are the other countries do
  • 00:04:17.347 --> 00:04:22.719
  • Remember, a lot of them have lowered their own trade
  • 00:04:22.719 --> 00:04:25.388
  • Barriers, lowered their own tariffs
  • 00:04:25.388 --> 00:04:28.224
  • In in response to are threatening to raise tariffs.
  • 00:04:28.224 --> 00:04:32.261
  • So the question is do they go back on this.
  • 00:04:32.261 --> 00:04:34.831
  • If they do i think that actually will provide some some
  • 00:04:34.831 --> 00:04:39.702
  • A reason for congress to actually give this authority
  • 00:04:39.702 --> 00:04:42.605
  • To the us president.
  • 00:04:42.605 --> 00:04:44.006
  • That's the way to resolve all this.
  • 00:04:44.006 --> 00:04:46.542
  • Congress needs to enact presidential
  • 00:04:46.542 --> 00:04:49.245
  • Tariff authority tomorrow, frankly.
  • 00:04:49.245 --> 00:04:52.148
  • Yeah. i think that's interesting.
  • 00:04:52.148 --> 00:04:53.383
  • So you're saying you could enact an a license
  • 00:04:53.383 --> 00:04:56.986
  • Fee, which would essentially accomplish the exact same
  • 00:04:56.986 --> 00:05:00.189
  • Goal here?
  • 00:05:00.490 --> 00:05:01.391
  • It would just be, under a different name.
  • 00:05:01.391 --> 00:05:04.293
  • And that's kind of one of the
  • 00:05:04.293 --> 00:05:05.962
  • Pushbacks that kavanaugh, who wrote the dissent here,
  • 00:05:05.962 --> 00:05:09.132
  • Which is really fascinating.
  • 00:05:09.732 --> 00:05:11.100
  • He basically says,
  • 00:05:11.100 --> 00:05:12.969
  • Although i firmly disagree with the court's holdings
  • 00:05:12.969 --> 00:05:15.104
  • Because he was the dissenter, the decision
  • 00:05:15.104 --> 00:05:16.906
  • Might not substantially constrain
  • 00:05:16.906 --> 00:05:18.341
  • A president's ability to order tariffs going forward.
  • 00:05:18.341 --> 00:05:21.144
  • That is because numerous other federal statutes
  • 00:05:21.144 --> 00:05:23.246
  • Authorize the president to impose tariffs
  • 00:05:23.246 --> 00:05:25.481
  • And might justify most,
  • 00:05:25.481 --> 00:05:26.983
  • If not all, of the tariffs at issue in this case.
  • 00:05:26.983 --> 00:05:30.119
  • And then he goes on to list, which i found interesting
  • 00:05:30.119 --> 00:05:34.123
  • Because he's basically giving a roadmap here.
  • 00:05:34.123 --> 00:05:35.892
  • Those statues include, for example,
  • 00:05:35.892 --> 00:05:37.527
  • The trade expansion act of 1962, section 232,
  • 00:05:37.527 --> 00:05:41.297
  • The trade act of 1974, sections 122 and 201,
  • 00:05:41.297 --> 00:05:45.301
  • And the tariff act of 1930, section 338.
  • 00:05:45.301 --> 00:05:48.671
  • In essence, the court today concludes, the president
  • 00:05:48.671 --> 00:05:50.807
  • Checked the wrong statutory box by relying on epa
  • 00:05:50.807 --> 00:05:54.777
  • Rather than another statute to impose these tariffs.
  • 00:05:54.777 --> 00:05:57.480
  • I it's so it okay, i guess if we're going to go
  • 00:05:57.480 --> 00:06:00.917
  • By the letter of the law,
  • 00:06:00.917 --> 00:06:01.918
  • Not by the spirit of it,
  • 00:06:01.918 --> 00:06:02.985
  • This is probably in some ways you could consider
  • 00:06:02.985 --> 00:06:05.321
  • The correct decision, but it's also bizarre
  • 00:06:05.321 --> 00:06:08.958
  • And sort of insane.
  • 00:06:08.958 --> 00:06:10.059
  • John, because there's other reasons
  • 00:06:10.059 --> 00:06:12.762
  • To believe that he could ban all imports
  • 00:06:12.762 --> 00:06:15.665
  • The court has, concluding he could just go to china.
  • 00:06:15.665 --> 00:06:17.700
  • He could do that. yeah.
  • 00:06:17.700 --> 00:06:18.634
  • We're going to ban all imports from china,
  • 00:06:18.634 --> 00:06:20.303
  • But we can't tariff you a penny.
  • 00:06:20.303 --> 00:06:21.871
  • In fact, he seems to have more authority to do that.
  • 00:06:21.871 --> 00:06:24.240
  • If he was just saying i'm banning entire industries
  • 00:06:24.240 --> 00:06:27.176
  • From coming into america, he could write.
  • 00:06:27.176 --> 00:06:30.146
  • Yes, absolutely.
  • 00:06:30.146 --> 00:06:31.581
  • That's a big problem.
  • 00:06:31.581 --> 00:06:33.015
  • Kavanaugh actually points this out that there's that
  • 00:06:33.015 --> 00:06:36.352
  • The majority decision basically says trump is allowed to ban
  • 00:06:36.352 --> 00:06:40.022
  • Whatever he wants, but he can't impose a $1 tariff.
  • 00:06:40.022 --> 00:06:44.193
  • That really doesn't make sense.
  • 00:06:44.193 --> 00:06:45.294
  • I don't think it's correct.
  • 00:06:45.294 --> 00:06:47.029
  • As a matter of law, i think that the kavanaugh,
  • 00:06:47.029 --> 00:06:51.667
  • Alito thomas had the right view of the law on this,
  • 00:06:51.667 --> 00:06:55.905
  • But it is the law.
  • 00:06:55.905 --> 00:06:57.306
  • Now, you know, this is what the supreme court says.
  • 00:06:57.306 --> 00:06:59.475
  • So the administration will look to all of these other powers.
  • 00:06:59.475 --> 00:07:03.746
  • And believe me, they already were.
  • 00:07:03.746 --> 00:07:05.648
  • Everybody heard the way the oral arguments went.
  • 00:07:05.648 --> 00:07:09.018
  • So this decision hasn't come to us as a surprise to anyone.
  • 00:07:09.018 --> 00:07:12.788
  • In fact, a lot of people
  • 00:07:12.788 --> 00:07:14.223
  • I mean, i would say the consensus was that the tariffs,
  • 00:07:14.223 --> 00:07:18.127
  • At least all of the tariffs weren't going to survive.
  • 00:07:18.127 --> 00:07:21.564
  • If there's any surprise, it's just how this is
  • 00:07:21.564 --> 00:07:24.333
  • Pretty, you know,
  • 00:07:24.333 --> 00:07:25.334
  • Just says the president can't do this at all.
  • 00:07:25.334 --> 00:07:27.937
  • It's a pretty blanket slap down of the pipe and tariffs.
  • 00:07:27.937 --> 00:07:30.673
  • But like i said even under a epa they could ban things.
  • 00:07:30.673 --> 00:07:34.176
  • They could put license fees on things.
  • 00:07:34.176 --> 00:07:36.345
  • So you can't use the magic word tariff.
  • 00:07:36.345 --> 00:07:39.115
  • You know, we'll find another way
  • 00:07:39.115 --> 00:07:41.083
  • To protect american industry.
  • 00:07:41.083 --> 00:07:42.385
  • I'm not sure if i can keep you for another segment or not.
  • 00:07:42.385 --> 00:07:45.588
  • But i i'm good to stay on.
  • 00:07:45.588 --> 00:07:48.157
  • Okay.
  • 00:07:48.157 --> 00:07:48.991
  • Because because there's there's more
  • 00:07:48.991 --> 00:07:50.159
  • Questions here about revenue.
  • 00:07:50.159 --> 00:07:52.028
  • What happens with the nearly $300 billion in tariff revenue?
  • 00:07:52.028 --> 00:07:56.232
  • It seems to me like, you know, this is a,
  • 00:07:56.232 --> 00:08:00.002
  • This is a giant mess in that sense.
  • 00:08:00.002 --> 00:08:02.805
  • And so, so i want to keep you on, to just hang right there.
  • 00:08:02.805 --> 00:08:06.642
  • Thank you for staying with us a little bit longer here.
  • 00:08:06.642 --> 00:08:11.010
  • Thank you for staying with us a little bit longer here.
  • 00:08:11.010 --> 00:08:16.596
  • So tell us about the revenue.
  • 00:08:17.229 --> 00:08:18.764
  • Where is it going?
  • 00:08:18.764 --> 00:08:20.266
  • So that remains to be seen.
  • 00:08:20.266 --> 00:08:22.335
  • So we won't get any more revenue from the.
  • 00:08:22.335 --> 00:08:24.503
  • But tariffs. that's done.
  • 00:08:24.503 --> 00:08:26.305
  • Those are coming off the books immediately.
  • 00:08:26.305 --> 00:08:28.341
  • What happens to the say call it some are between 100
  • 00:08:28.341 --> 00:08:32.244
  • And $5200 billion
  • 00:08:32.244 --> 00:08:34.113
  • That have been collected under these tariffs.
  • 00:08:34.113 --> 00:08:36.882
  • So that's only,
  • 00:08:36.882 --> 00:08:37.883
  • By the way part of the revenue we've collected.
  • 00:08:37.883 --> 00:08:39.719
  • Yeah i was gonna say say that number again john,
  • 00:08:39.719 --> 00:08:41.854
  • Because it's about 300 billion all in.
  • 00:08:41.854 --> 00:08:44.256
  • How much was under ebay.
  • 00:08:44.256 --> 00:08:46.392
  • Probably between 170 and 200.
  • 00:08:46.392 --> 00:08:49.061
  • But 170. that's a good estimate. right.
  • 00:08:49.061 --> 00:08:51.163
  • So some of that may have to be refunded,
  • 00:08:51.163 --> 00:08:55.234
  • But we don't know that yet.
  • 00:08:55.234 --> 00:08:57.036
  • The supreme court's decision is actually totally
  • 00:08:57.036 --> 00:09:00.573
  • Silent on what happens next.
  • 00:09:00.573 --> 00:09:03.275
  • Kavanaugh was pretty critical of that.
  • 00:09:03.275 --> 00:09:04.844
  • He's like, this could be a mess.
  • 00:09:04.844 --> 00:09:06.812
  • It could actually take years of litigation
  • 00:09:06.812 --> 00:09:09.315
  • Because you have to prove that you paid the tariff,
  • 00:09:09.315 --> 00:09:11.684
  • That you paid the tariff
  • 00:09:11.684 --> 00:09:12.752
  • That was an epa tariff and not a different tariff.
  • 00:09:12.752 --> 00:09:15.821
  • And there will be other, considerations.
  • 00:09:15.821 --> 00:09:18.524
  • It's not clear, you know, that
  • 00:09:18.524 --> 00:09:21.293
  • The money is going to go away right away.
  • 00:09:21.293 --> 00:09:23.763
  • And so, you know, you know, that money
  • 00:09:23.763 --> 00:09:27.466
  • Won't come out of the u.s.
  • 00:09:27.466 --> 00:09:28.367
  • Treasury, i'd say for quite a while,
  • 00:09:28.367 --> 00:09:31.303
  • If i were a business entitled to the tariffs.
  • 00:09:31.303 --> 00:09:34.674
  • What you what you did
  • 00:09:34.674 --> 00:09:36.208
  • Is you basically made sure
  • 00:09:36.208 --> 00:09:38.010
  • You had records showing exactly which tariffs you paid
  • 00:09:38.010 --> 00:09:41.547
  • So that you could then come to the court
  • 00:09:41.547 --> 00:09:43.282
  • Later and say, please work for me.
  • 00:09:43.282 --> 00:09:45.284
  • But it is going to be a mess.
  • 00:09:45.284 --> 00:09:47.153
  • So we've got that.
  • 00:09:47.586 --> 00:09:48.888
  • What number is that?
  • 00:09:48.888 --> 00:09:49.922
  • Guys, i want that that that's the, the refund
  • 00:09:49.922 --> 00:09:52.992
  • Quote from kavanaugh.
  • 00:09:53.492 --> 00:09:54.393
  • Yeah, give me that. get me that.
  • 00:09:54.393 --> 00:09:56.195
  • Well, this is so by the way, there's,
  • 00:09:56.195 --> 00:09:57.530
  • I believe this is wharton school has done this.
  • 00:09:57.530 --> 00:10:00.433
  • Yeah, wharton upenn has done that.
  • 00:10:00.433 --> 00:10:02.401
  • This graph is an estimate of epa revenue,
  • 00:10:02.401 --> 00:10:06.672
  • And it has it at about 164,
  • 00:10:06.672 --> 00:10:10.509
  • 0.7 billion, a monthly revenue of $20.8 billion.
  • 00:10:10.509 --> 00:10:15.281
  • And they have it cumulative through january.
  • 00:10:15.281 --> 00:10:18.117
  • So it's about, it maybe is about a month delayed.
  • 00:10:18.117 --> 00:10:20.753
  • So you're probably right about one 7175 on the
  • 00:10:20.753 --> 00:10:24.156
  • I want to say i just did that off the top of my head.
  • 00:10:24.156 --> 00:10:26.892
  • So, the fact that the wharton school came in
  • 00:10:26.892 --> 00:10:29.628
  • Almost had the same number. i feel pretty good about that.
  • 00:10:29.628 --> 00:10:32.231
  • That's pretty good, john.
  • 00:10:32.231 --> 00:10:33.532
  • So you think this is going to be litigated?
  • 00:10:33.532 --> 00:10:35.434
  • And apparently wharton school school is saying that import
  • 00:10:35.434 --> 00:10:40.239
  • Generally have 180 days after goods are liquidated to protest
  • 00:10:40.239 --> 00:10:44.009
  • And request refunds from u.s.
  • 00:10:44.009 --> 00:10:45.778
  • Customs and border protection.
  • 00:10:45.778 --> 00:10:48.447
  • So this is a mess, right?
  • 00:10:48.447 --> 00:10:50.816
  • So the process is people paid the tariffs.
  • 00:10:50.816 --> 00:10:53.819
  • They had to have submitted, a basically
  • 00:10:53.819 --> 00:10:57.857
  • A piece of paper saying,
  • 00:10:57.857 --> 00:10:59.391
  • I don't think i should have paid that tariff.
  • 00:10:59.391 --> 00:11:01.560
  • One unfortunate thing about that is, look,
  • 00:11:01.560 --> 00:11:04.263
  • The really big importers, big companies, walmart
  • 00:11:04.263 --> 00:11:07.767
  • That the international companies
  • 00:11:07.767 --> 00:11:09.535
  • That import stuff into the earth,
  • 00:11:09.535 --> 00:11:11.303
  • They've already filed that paperwork.
  • 00:11:11.303 --> 00:11:13.572
  • It's really actually going to be the small guys
  • 00:11:13.572 --> 00:11:16.242
  • Who really get kind of
  • 00:11:16.242 --> 00:11:17.710
  • Messed around with here because they
  • 00:11:18.477 --> 00:11:21.147
  • They probably didn't file the paperwork and,
  • 00:11:21.147 --> 00:11:24.016
  • Or some of them didn't, luckily.
  • 00:11:24.016 --> 00:11:25.985
  • Look, you get 180 days.
  • 00:11:25.985 --> 00:11:27.887
  • So some of the tariffs that have been paid
  • 00:11:27.887 --> 00:11:30.289
  • Will still be eligible for refunds.
  • 00:11:30.289 --> 00:11:32.424
  • But we again,
  • 00:11:32.424 --> 00:11:33.526
  • We don't know what the refund process will look like
  • 00:11:33.526 --> 00:11:36.629
  • As far as i know, we've never had anything
  • 00:11:36.629 --> 00:11:39.131
  • This big where you know,
  • 00:11:39.131 --> 00:11:42.334
  • You know, $150 billion, hundred and $70 billion,
  • 00:11:42.334 --> 00:11:46.105
  • Is potentially being refunded to the people who,
  • 00:11:46.105 --> 00:11:49.441
  • You know, who paid the tariffs in the first place?
  • 00:11:49.441 --> 00:11:52.077
  • Yeah, it's it's, it's
  • 00:11:52.077 --> 00:11:54.113
  • I think kavanaugh refers to it as a mess.
  • 00:11:54.113 --> 00:11:56.515
  • Just he does.
  • 00:11:56.515 --> 00:11:57.683
  • He does. yeah. and he even flags.
  • 00:11:57.683 --> 00:11:59.718
  • You know, there's issues
  • 00:11:59.718 --> 00:12:01.086
  • A lot of import has probably already
  • 00:12:01.086 --> 00:12:02.488
  • Passed costs on to consumers at some point here.
  • 00:12:02.488 --> 00:12:05.224
  • But now they, you know, they can double dip from that.
  • 00:12:05.224 --> 00:12:07.993
  • What does it do to all of our trade
  • 00:12:07.993 --> 00:12:09.461
  • Deals with other countries
  • 00:12:09.461 --> 00:12:10.596
  • That were premised on these tariffs.
  • 00:12:10.596 --> 00:12:11.964
  • Do those stick around?
  • 00:12:11.964 --> 00:12:13.499
  • He, he really just
  • 00:12:13.499 --> 00:12:15.701
  • The truth is it seems we don't know
  • 00:12:15.701 --> 00:12:17.203
  • What is going to be unleashed by this.
  • 00:12:17.203 --> 00:12:18.604
  • This is i will say that if other countries
  • 00:12:18.604 --> 00:12:20.840
  • Start to start to say no, no, now we're taking back,
  • 00:12:20.840 --> 00:12:24.643
  • We're going to raise our tariffs again,
  • 00:12:24.643 --> 00:12:26.212
  • We're going to raise our trade barriers.
  • 00:12:26.212 --> 00:12:28.514
  • That will at least be a moral victory
  • 00:12:28.514 --> 00:12:30.549
  • For donald trump, because he'll be able to say,
  • 00:12:30.549 --> 00:12:32.751
  • They did this because i imposed the tariffs.
  • 00:12:32.751 --> 00:12:35.221
  • Now they're taking it away because the supreme court
  • 00:12:35.221 --> 00:12:37.923
  • Took away the tariffs.
  • 00:12:37.923 --> 00:12:39.158
  • And that should be persuasive to congress
  • 00:12:39.158 --> 00:12:41.894
  • To actually absolutely come back
  • 00:12:41.894 --> 00:12:44.496
  • Because this remember, the court here did not say
  • 00:12:44.496 --> 00:12:47.600
  • The president could not do this under the constitution.
  • 00:12:47.600 --> 00:12:51.036
  • They said that the statute didn't authorize it.
  • 00:12:51.036 --> 00:12:54.006
  • So congress could, with one word, insert
  • 00:12:54.006 --> 00:12:56.709
  • Tariffs into epa, just one word
  • 00:12:56.709 --> 00:12:59.411
  • Amendment, and trump would have the power to do it.
  • 00:12:59.411 --> 00:13:02.314
  • John, i know you got to go.
  • 00:13:02.314 --> 00:13:03.916
  • You've got, you got marlow, probably screaming
  • 00:13:03.916 --> 00:13:06.719
  • At you already. so tell him hi for us.
  • 00:13:06.719 --> 00:13:08.621
  • Thank you for making it here. we know you got a busy morning.
  • 00:13:08.621 --> 00:13:11.023
  • Jonathan carney, breitbart economics editor.
  • 00:13:11.023 --> 00:13:13.392
  • There you go. all right,
  • 00:13:13.392 --> 00:13:15.861
  • So we got an email.
  • 00:13:16.328 --> 00:13:18.030
  • Kathy asked, is the possibility of refunding tariffs
  • 00:13:18.030 --> 00:13:20.799
  • To the importers?
  • 00:13:20.799 --> 00:13:21.834
  • A lot of them have passed costs on to consumers.
  • 00:13:21.834 --> 00:13:23.702
  • Do the consumers get a refund? also?
  • 00:13:23.702 --> 00:13:26.105
  • The answer is no, no, no, no.
  • 00:13:26.105 --> 00:13:29.675
  • It's consumers will then get screwed again.
  • 00:13:29.675 --> 00:13:31.777
  • This is this is here's the thing.
  • 00:13:31.777 --> 00:13:33.946
  • Kavanaugh went through trial by fire.
  • 00:13:33.946 --> 00:13:36.749
  • The whole what was her name?
  • 00:13:36.749 --> 00:13:39.251
  • Betsy. oh. ford.
  • 00:13:39.251 --> 00:13:41.353
  • What was, christine blasey ford?
  • 00:13:41.353 --> 00:13:43.188
  • Christine blau, two front doors.
  • 00:13:43.188 --> 00:13:45.157
  • She the whole thing.
  • 00:13:45.157 --> 00:13:46.525
  • You know, that
  • 00:13:46.525 --> 00:13:47.359
  • Where he went through trial by fire,
  • 00:13:47.359 --> 00:13:49.128
  • The guy's got steel down his spine.
  • 00:13:49.128 --> 00:13:51.397
  • Now, everybody doubted him at first.
  • 00:13:51.397 --> 00:13:52.965
  • Meanwhile, gorsuch and acb,
  • 00:13:52.965 --> 00:13:56.302
  • Two other trump appointees going against the president.
  • 00:13:57.403 --> 00:13:59.772
  • Listen, you could make the argument
  • 00:13:59.772 --> 00:14:02.007
  • That perhaps this was textually
  • 00:14:02.007 --> 00:14:04.410
  • Just the right decision by the letter of the law.
  • 00:14:04.410 --> 00:14:07.446
  • But it's there's a
  • 00:14:07.446 --> 00:14:08.414
  • There's a let a measure of insanity to it
  • 00:14:08.414 --> 00:14:10.316
  • Because you could just ban all the imports,
  • 00:14:10.316 --> 00:14:11.951
  • Get tariff from a single penny.
  • 00:14:11.951 --> 00:14:13.686
  • So anyways, we'll be right back.
  • 00:14:13.686 --> 00:14:15.054
  • Mark halperin joins us next.
  • 00:14:15.054 --> 00:14:20.009
  • Mark halperin joins us next.
  • 00:14:20.009 --> 00:14:25.222
  • Joining us now is mark halperin,
  • 00:14:25.923 --> 00:14:29.794
  • A great, great political analyst
  • 00:14:29.794 --> 00:14:32.496
  • And commentator and a friend of the show.
  • 00:14:32.496 --> 00:14:34.298
  • Mark, welcome back to the show.
  • 00:14:34.298 --> 00:14:36.367
  • Lots to discuss this morning with the, you know, the supreme
  • 00:14:36.367 --> 00:14:40.938
  • Court's ruling on president trump's use of tariffs.
  • 00:14:40.938 --> 00:14:45.009
  • I have all this other stuff
  • 00:14:45.009 --> 00:14:46.010
  • I was planning on talking to you about.
  • 00:14:46.010 --> 00:14:47.578
  • And then this came across the wire.
  • 00:14:47.578 --> 00:14:50.414
  • Give us the political implications.
  • 00:14:50.414 --> 00:14:53.084
  • I know there's questions about can he still do tariffs?
  • 00:14:53.084 --> 00:14:55.353
  • Can you use other mechanisms.
  • 00:14:55.353 --> 00:14:56.654
  • What do we do with the revenue that came in.
  • 00:14:56.654 --> 00:14:58.656
  • What happens with that?
  • 00:14:58.656 --> 00:14:59.557
  • Is it go to a lower court, etc., etc..
  • 00:14:59.557 --> 00:15:01.792
  • Politically, what does it mean?
  • 00:15:01.792 --> 00:15:04.228
  • Well, first of all, let me just stipulate i miss you guys.
  • 00:15:04.228 --> 00:15:06.731
  • Haven't heard from it or haven't
  • 00:15:06.731 --> 00:15:08.299
  • Heard from you in a while.
  • 00:15:08.299 --> 00:15:09.300
  • Good to hear from you.
  • 00:15:09.300 --> 00:15:10.301
  • Well, listen, i'll call you every week, mark.
  • 00:15:10.301 --> 00:15:11.869
  • I'll call you.
  • 00:15:11.869 --> 00:15:12.336
  • We'll have you.
  • 00:15:12.336 --> 00:15:13.137
  • Let's just make a standing invite.
  • 00:15:13.137 --> 00:15:14.839
  • Yeah. good. i'd like that.
  • 00:15:14.839 --> 00:15:16.540
  • So my first thought, just trying to be in
  • 00:15:16.540 --> 00:15:19.443
  • The mind of the president is he's going to be super
  • 00:15:19.443 --> 00:15:21.379
  • Annoyed at the chief justice, but he didn't pick
  • 00:15:21.379 --> 00:15:24.115
  • The chief justice. he inherited him.
  • 00:15:24.115 --> 00:15:26.150
  • But two of the three justices the president put on the court
  • 00:15:26.150 --> 00:15:28.886
  • Voted against him.
  • 00:15:28.886 --> 00:15:30.254
  • Gorsuch and, coney barrett.
  • 00:15:30.254 --> 00:15:32.256
  • So my suspicion is the president,
  • 00:15:32.256 --> 00:15:34.525
  • Probably will dent that on truth social.
  • 00:15:34.525 --> 00:15:36.894
  • But the larger issue, more than that,
  • 00:15:36.894 --> 00:15:39.563
  • As you point out, all the mechanical things
  • 00:15:39.563 --> 00:15:41.165
  • Involving tariffs, which are super important, is
  • 00:15:41.165 --> 00:15:44.068
  • This is the first time the courts really weighed
  • 00:15:44.068 --> 00:15:45.870
  • In substantively on the president's powers?
  • 00:15:45.870 --> 00:15:49.573
  • They've done some procedural things,
  • 00:15:49.573 --> 00:15:51.542
  • But they've ruled against him.
  • 00:15:51.542 --> 00:15:52.910
  • And there's a ton of pending cases in other areas,
  • 00:15:52.910 --> 00:15:55.646
  • Not about tariffs, where if the same justices
  • 00:15:55.646 --> 00:15:59.183
  • Or even a54 vote against him decide they're not afraid
  • 00:15:59.183 --> 00:16:02.920
  • To vote against donald trump. right?
  • 00:16:02.920 --> 00:16:05.156
  • Everybody likes to pretend these are legal decisions.
  • 00:16:05.156 --> 00:16:07.425
  • They're political. almost always.
  • 00:16:07.425 --> 00:16:08.793
  • It's really disheartening because they should be legal.
  • 00:16:08.793 --> 00:16:11.362
  • But justices are pretty political.
  • 00:16:11.362 --> 00:16:13.297
  • Not just
  • 00:16:13.297 --> 00:16:13.764
  • They're not just
  • 00:16:13.764 --> 00:16:14.298
  • The current ones,
  • 00:16:14.298 --> 00:16:15.232
  • Not just the ones picked by republicans
  • 00:16:15.232 --> 00:16:16.834
  • Or the ones picked by democrats.
  • 00:16:16.834 --> 00:16:18.169
  • So if i were the president's
  • 00:16:18.169 --> 00:16:19.804
  • Political team, i'd be worried that they're in the future
  • 00:16:19.804 --> 00:16:22.606
  • When some of these other cases come up, that they may be
  • 00:16:22.606 --> 00:16:25.376
  • On the short end of 5 to 4 or 6 to 3 decisions,
  • 00:16:25.376 --> 00:16:28.512
  • That will really be impactful for what the president can do.
  • 00:16:28.512 --> 00:16:31.749
  • Yeah, i agree with that.
  • 00:16:32.283 --> 00:16:33.417
  • And it also, one of the thoughts
  • 00:16:33.417 --> 00:16:34.819
  • I had this morning was, you know,
  • 00:16:34.819 --> 00:16:36.520
  • We hear about democrats wanting to pack the courts,
  • 00:16:36.520 --> 00:16:38.622
  • Wanting to call it a lawless court.
  • 00:16:38.622 --> 00:16:40.391
  • And here you go.
  • 00:16:40.391 --> 00:16:41.158
  • Them doing
  • 00:16:41.158 --> 00:16:42.393
  • Exactly the opposite of what the president was lobbying for.
  • 00:16:42.393 --> 00:16:45.229
  • Will that inspire antitrust?
  • 00:16:45.229 --> 00:16:46.697
  • I don't think so. they'll still pack the court.
  • 00:16:46.697 --> 00:16:48.399
  • Go ahead. blake.
  • 00:16:48.399 --> 00:16:49.600
  • Well, i just real quickly, i would concern the other way
  • 00:16:49.600 --> 00:16:52.736
  • That we know
  • 00:16:52.736 --> 00:16:54.238
  • The president was very invested in this tariff case.
  • 00:16:54.238 --> 00:16:56.974
  • I don't know that it would be an exaggeration to say
  • 00:16:56.974 --> 00:16:58.709
  • It was his top personal brand, his top priority.
  • 00:16:58.709 --> 00:17:02.246
  • He's really fulminated on truth and in other venues
  • 00:17:02.246 --> 00:17:05.416
  • About the importance of this case.
  • 00:17:05.416 --> 00:17:08.619
  • Yeah.
  • 00:17:08.853 --> 00:17:09.787
  • Should there be any concern among people
  • 00:17:09.787 --> 00:17:11.322
  • That the president might up rhetoric on?
  • 00:17:11.322 --> 00:17:14.391
  • Actually, i don't need to listen
  • 00:17:14.391 --> 00:17:16.193
  • To the supreme court on this sort of thing.
  • 00:17:16.193 --> 00:17:17.895
  • Would do you think there's any hazard of that?
  • 00:17:17.895 --> 00:17:20.331
  • I mean, i know that's talked about
  • 00:17:20.331 --> 00:17:22.466
  • A lot, particularly on the left and amongst those.
  • 00:17:22.466 --> 00:17:25.202
  • I just don't think so.
  • 00:17:25.202 --> 00:17:26.170
  • I just don't see any indication.
  • 00:17:26.170 --> 00:17:28.172
  • There have been a few things, like some of the immigration
  • 00:17:28.172 --> 00:17:30.307
  • Orders, like the planes
  • 00:17:30.307 --> 00:17:31.342
  • That were in the air on the way to venezuela,
  • 00:17:31.342 --> 00:17:32.877
  • Where people have sort of tried to suggest that
  • 00:17:32.877 --> 00:17:35.045
  • That was lawless and violation of the court order.
  • 00:17:35.045 --> 00:17:36.947
  • It's a quote that's a close call.
  • 00:17:36.947 --> 00:17:38.082
  • But i don't think so.
  • 00:17:38.082 --> 00:17:39.583
  • I'll tell you, though, the other political thing
  • 00:17:39.583 --> 00:17:41.719
  • That's that's
  • 00:17:41.719 --> 00:17:42.887
  • Where this this decision is in the president's interest.
  • 00:17:42.887 --> 00:17:45.890
  • And i don't mean by gave short shrift to your question, but
  • 00:17:45.890 --> 00:17:48.292
  • But i hope i sufficiently answered it.
  • 00:17:48.292 --> 00:17:50.194
  • But, you know, before the supreme court decision,
  • 00:17:50.194 --> 00:17:53.564
  • There were three big pieces of economic news
  • 00:17:53.564 --> 00:17:55.766
  • That were going to, i think, really do,
  • 00:17:55.766 --> 00:17:57.201
  • Harm to the markets.
  • 00:17:57.201 --> 00:17:58.402
  • And for if you count
  • 00:17:58.402 --> 00:18:00.070
  • What was happening in the last day
  • 00:18:00.070 --> 00:18:01.372
  • With oil markets because of worries about iran.
  • 00:18:01.372 --> 00:18:03.741
  • First was, yesterday this firm blew our capital.
  • 00:18:03.741 --> 00:18:08.679
  • It made some decision about about investors and money
  • 00:18:08.679 --> 00:18:12.950
  • That really were spooking people and
  • 00:18:12.950 --> 00:18:14.552
  • Getting people to talk about.
  • 00:18:14.552 --> 00:18:15.853
  • Is this the first sign like we saw in 2007,
  • 00:18:15.853 --> 00:18:18.489
  • Leading into the economic crash of 2008?
  • 00:18:18.489 --> 00:18:20.824
  • Then this morning we had two horrible
  • 00:18:20.824 --> 00:18:22.760
  • Economic numbers for the country
  • 00:18:22.760 --> 00:18:24.228
  • And for the president politically,
  • 00:18:24.228 --> 00:18:25.963
  • A lower than expected gdp number by a lot
  • 00:18:25.963 --> 00:18:29.066
  • A higher than expected inflation number.
  • 00:18:29.066 --> 00:18:32.036
  • The i will never know what the
  • 00:18:32.036 --> 00:18:34.038
  • Stock market would have done today had that had
  • 00:18:34.038 --> 00:18:36.640
  • We not had the supreme court decision on tariffs.
  • 00:18:36.640 --> 00:18:38.475
  • But as i look down now,
  • 00:18:38.475 --> 00:18:39.910
  • The dow is up and the dow is likely to end really far up.
  • 00:18:39.910 --> 00:18:42.646
  • Because while this is bad news politically for the president,
  • 00:18:42.646 --> 00:18:45.649
  • The markets love this decision.
  • 00:18:45.649 --> 00:18:47.718
  • And so if you talk about the implications
  • 00:18:47.718 --> 00:18:49.453
  • Politically for the president,
  • 00:18:49.453 --> 00:18:50.988
  • If he if if he hadn't had this decision,
  • 00:18:50.988 --> 00:18:53.457
  • He'd be going into the, state of the union
  • 00:18:53.457 --> 00:18:56.160
  • With a lot of negative negativity about the economy.
  • 00:18:56.160 --> 00:18:59.630
  • Now, a lot of people, at least in the markets,
  • 00:18:59.630 --> 00:19:02.199
  • Are going to be positive
  • 00:19:02.199 --> 00:19:03.000
  • About the economy
  • 00:19:03.000 --> 00:19:03.834
  • Into the weekend and into next week
  • 00:19:03.834 --> 00:19:05.636
  • Because they don't want the tariffs.
  • 00:19:05.636 --> 00:19:07.137
  • And a lot of republican
  • 00:19:07.137 --> 00:19:08.372
  • Politicians are going to be happy, too,
  • 00:19:08.372 --> 00:19:10.074
  • Because they don't want the tariffs.
  • 00:19:10.074 --> 00:19:11.108
  • Well, and that's a good point, mark,
  • 00:19:11.108 --> 00:19:12.376
  • One of the things that i wanted to get to you,
  • 00:19:12.376 --> 00:19:14.511
  • Was this incredible tweet that you had earlier.
  • 00:19:14.511 --> 00:19:16.814
  • We covered it on the show, but i'm so glad you get to put
  • 00:19:16.814 --> 00:19:19.817
  • Added layers to this.
  • 00:19:19.817 --> 00:19:22.386
  • You were talking about, sort of you
  • 00:19:22.386 --> 00:19:25.422
  • Get you get a scalp issue right.
  • 00:19:25.422 --> 00:19:28.259
  • You said messages that break through
  • 00:19:28.259 --> 00:19:30.261
  • Banning stock trading for congress.
  • 00:19:30.261 --> 00:19:32.129
  • Transparency on health insurance data,
  • 00:19:32.129 --> 00:19:34.732
  • Including the pricing and claims reimbursement,
  • 00:19:34.732 --> 00:19:36.667
  • Lowering prescription drug costs in the trump tax cuts.
  • 00:19:36.667 --> 00:19:39.903
  • These are all issues where you get to go,
  • 00:19:39.903 --> 00:19:42.172
  • We got the bad guy and that is very populist.
  • 00:19:42.172 --> 00:19:46.143
  • And it's a conservative tinged populist
  • 00:19:46.143 --> 00:19:48.012
  • Where we're not anti-business, we're anti fat cat.
  • 00:19:48.012 --> 00:19:51.148
  • We're into oligarchy.
  • 00:19:51.148 --> 00:19:52.216
  • We're anti corruption. right.
  • 00:19:52.216 --> 00:19:54.585
  • And so i thought that
  • 00:19:54.585 --> 00:19:55.653
  • This was a very interesting through line.
  • 00:19:55.653 --> 00:19:58.656
  • That is a way for you to sort of bridge
  • 00:19:58.656 --> 00:20:00.858
  • This conservative populist divide.
  • 00:20:00.858 --> 00:20:03.494
  • Your take.
  • 00:20:03.494 --> 00:20:04.795
  • Well i like the way you framed it.
  • 00:20:05.529 --> 00:20:06.864
  • I think it's just right.
  • 00:20:06.864 --> 00:20:08.732
  • History as i said at this meeting.
  • 00:20:08.732 --> 00:20:10.234
  • And again, this is the president's
  • 00:20:10.234 --> 00:20:11.235
  • Sort of political high command briefing.
  • 00:20:11.235 --> 00:20:12.903
  • The chiefs,
  • 00:20:12.903 --> 00:20:13.704
  • The chiefs of staff, the cabinet
  • 00:20:13.704 --> 00:20:15.172
  • Members, their chiefs of staff, their other senior aides.
  • 00:20:15.172 --> 00:20:17.741
  • They have history against them.
  • 00:20:17.741 --> 00:20:19.710
  • History would suggest that, that it's
  • 00:20:19.710 --> 00:20:22.146
  • Going to be difficult to not lose
  • 00:20:22.146 --> 00:20:23.781
  • Control of the house and maybe the senate.
  • 00:20:23.781 --> 00:20:25.549
  • And the president's poll numbers currently are horrible.
  • 00:20:25.549 --> 00:20:28.152
  • And so this is a group of, of political advisers
  • 00:20:28.152 --> 00:20:31.922
  • Who are battle tested.
  • 00:20:31.922 --> 00:20:32.990
  • They're not
  • 00:20:32.990 --> 00:20:34.191
  • They're not a bunch of chickens with their heads cut off,
  • 00:20:34.191 --> 00:20:35.893
  • And they're coming in there
  • 00:20:35.893 --> 00:20:36.727
  • To make the best case to this team
  • 00:20:36.727 --> 00:20:38.262
  • About what to talk about, where they can have a comeback.
  • 00:20:38.262 --> 00:20:41.265
  • There's some tactical things.
  • 00:20:41.265 --> 00:20:42.333
  • They could raise more money than the democrats.
  • 00:20:42.333 --> 00:20:44.201
  • They can try to make mischief in democratic primaries
  • 00:20:44.201 --> 00:20:46.503
  • To nominate people who are less electable.
  • 00:20:46.503 --> 00:20:48.572
  • They can do opposition research
  • 00:20:48.572 --> 00:20:50.341
  • On some of these democratic candidates,
  • 00:20:50.341 --> 00:20:51.842
  • But in the end, they're swimming against
  • 00:20:51.842 --> 00:20:53.544
  • Two big tides history and the president's
  • 00:20:53.544 --> 00:20:55.679
  • Approval rating at the same time.
  • 00:20:55.679 --> 00:20:57.414
  • There's a long time to go,
  • 00:20:57.414 --> 00:20:58.682
  • And they're going to look to to see,
  • 00:20:58.682 --> 00:21:00.084
  • To see what they can do again, particularly raising money,
  • 00:21:00.084 --> 00:21:02.920
  • That the one thing they said at the meeting
  • 00:21:02.920 --> 00:21:04.621
  • That i think has not gotten as much attention as i thought
  • 00:21:04.621 --> 00:21:07.291
  • It would, is they said in the meeting,
  • 00:21:07.291 --> 00:21:10.194
  • These are the right issues to talk about.
  • 00:21:10.194 --> 00:21:11.628
  • The ones you listed, about health insurance
  • 00:21:11.628 --> 00:21:13.831
  • And about the trump tax cuts, etc.
  • 00:21:13.831 --> 00:21:15.666
  • They said that's what the data shows.
  • 00:21:15.666 --> 00:21:17.634
  • That's what you all should talk about
  • 00:21:17.634 --> 00:21:18.902
  • When you're out campaigning, when you're on media,
  • 00:21:18.902 --> 00:21:21.372
  • When you're on programs like this.
  • 00:21:21.372 --> 00:21:22.740
  • They said there's going to be a whole other campaign
  • 00:21:22.740 --> 00:21:24.641
  • That's run by our best athlete, donald john trump.
  • 00:21:24.641 --> 00:21:27.211
  • He'll talk about whatever he wants.
  • 00:21:27.211 --> 00:21:28.879
  • Yeah, don't don't think, don't think.
  • 00:21:28.879 --> 00:21:30.848
  • There's one campaign where the president's leading.
  • 00:21:30.848 --> 00:21:32.750
  • There's one campaign he does.
  • 00:21:32.750 --> 00:21:34.251
  • And then there's the parallel campaign
  • 00:21:34.251 --> 00:21:35.719
  • That that the all the folks in the room say we need to do.
  • 00:21:35.719 --> 00:21:39.189
  • And the president's going to talk about the 2020 election.
  • 00:21:39.189 --> 00:21:42.159
  • He's going to talk about joe biden.
  • 00:21:42.159 --> 00:21:43.360
  • He's going to talk about, you know, liberace's hair.
  • 00:21:43.360 --> 00:21:47.464
  • He's going to talk about
  • 00:21:47.464 --> 00:21:48.732
  • Where he likes to eat when he's in, dayton, ohio.
  • 00:21:48.732 --> 00:21:51.902
  • They said, you just can't worry about that.
  • 00:21:51.902 --> 00:21:53.704
  • Don't, don't that's not the role model
  • 00:21:53.704 --> 00:21:55.773
  • The way the president does it. he told do his thing.
  • 00:21:55.773 --> 00:21:57.941
  • But they're hoping that these issues,
  • 00:21:57.941 --> 00:21:59.743
  • Which test very well, very popular
  • 00:21:59.743 --> 00:22:01.578
  • With voters, as you said, they're populist.
  • 00:22:01.578 --> 00:22:03.614
  • They play well with maga, but they play well with the center.
  • 00:22:03.614 --> 00:22:06.150
  • Voter two,
  • 00:22:06.150 --> 00:22:07.184
  • They're hoping that that's the message
  • 00:22:07.184 --> 00:22:08.619
  • That they can drive through their advertising
  • 00:22:08.619 --> 00:22:10.687
  • And through the surrogate,
  • 00:22:10.687 --> 00:22:12.089
  • Activity during, during the fall.
  • 00:22:12.089 --> 00:22:14.391
  • Do you think, mark, that we might actually see action
  • 00:22:14.391 --> 00:22:17.461
  • On some of those items, that one of those ones
  • 00:22:17.461 --> 00:22:19.196
  • That sell out, banning stock trading for congress?
  • 00:22:19.196 --> 00:22:21.365
  • I've been hearing about proposals along those lines.
  • 00:22:21.365 --> 00:22:24.468
  • Since the big crash in oh eight,
  • 00:22:24.468 --> 00:22:26.103
  • People have been talking about members of congress
  • 00:22:26.103 --> 00:22:28.205
  • Getting rich off that sort of thing.
  • 00:22:28.205 --> 00:22:30.274
  • I guess the problem is the
  • 00:22:30.274 --> 00:22:31.842
  • People getting rich off of this are the members of congress.
  • 00:22:31.842 --> 00:22:34.545
  • But is that a serious proposal
  • 00:22:34.545 --> 00:22:36.246
  • To take out against their self-interest?
  • 00:22:36.246 --> 00:22:37.981
  • There is, and as you suggest, it's been around forever.
  • 00:22:37.981 --> 00:22:41.185
  • Maybe it'll pass this year.
  • 00:22:41.185 --> 00:22:42.386
  • One of the big questions
  • 00:22:42.386 --> 00:22:43.754
  • It's going to come out of the state of
  • 00:22:43.754 --> 00:22:44.955
  • The union on tuesday is are democrats
  • 00:22:44.955 --> 00:22:47.624
  • Willing to vote for stuff that they believe
  • 00:22:47.624 --> 00:22:49.726
  • In, that they think be good for their constituents?
  • 00:22:49.726 --> 00:22:52.062
  • But it will give the president a political win,
  • 00:22:52.062 --> 00:22:54.598
  • Things like on housing, there's a big housing
  • 00:22:54.598 --> 00:22:56.733
  • Bill in the house and the senate, both passed
  • 00:22:56.733 --> 00:22:58.502
  • Separate bills are different, but there's some overlap.
  • 00:22:58.502 --> 00:23:01.004
  • Are democrats going to vote for one final passage
  • 00:23:01.004 --> 00:23:03.774
  • So donald trump
  • 00:23:03.774 --> 00:23:04.908
  • Can have a signing ceremony and say he did something
  • 00:23:04.908 --> 00:23:06.810
  • To make housing more affordable?
  • 00:23:06.810 --> 00:23:08.145
  • Would they vote for the stock ban and the president sign it
  • 00:23:08.145 --> 00:23:11.715
  • Where he gets the front of the parade and gets credit?
  • 00:23:11.715 --> 00:23:13.784
  • We're happy to see.
  • 00:23:13.784 --> 00:23:15.085
  • And on that, on the stock trade thing.
  • 00:23:15.085 --> 00:23:16.453
  • We'll have to see if republicans
  • 00:23:16.453 --> 00:23:17.488
  • Want to vote for it, because
  • 00:23:17.488 --> 00:23:18.956
  • Plenty of republicans have opposed that as well.
  • 00:23:18.956 --> 00:23:21.325
  • Mark halperin, two atv.
  • 00:23:21.325 --> 00:23:23.160
  • Thank you, sir. excellent analysis
  • 00:23:23.160 --> 00:23:23.160