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Charlie Kirk Today | Sean Davis & Kelly Loeffler: July 13, 2026 | Charlie Kirk Today | July 13, 2026
- So we have a normal show,
- 00:00:08.698 --> 00:00:10.733
- Which is actually kind of nice in the middle of the week,
- 00:00:10.733 --> 00:00:12.902
- Because there's a ton of a lot going on, is going on.
- 00:00:12.902 --> 00:00:15.405
- The world has not stopped up, to say the least,
- 00:00:15.405 --> 00:00:18.441
- Even though it feels like that
- 00:00:18.441 --> 00:00:19.609
- A little bit for me personally. because what do we do?
- 00:00:19.609 --> 00:00:22.045
- We do the show about the
- 00:00:22.045 --> 00:00:23.246
- The preliminary preliminary hearing, and then we get done
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- With the show in the post-soviet area.
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- And then we do a post show.
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- So but it is but actually, in fact,
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- More news than normal is happening.
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- And it's even occurred to me.
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- It's a lot of stories that
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- I think a mix of ones charlie
- 00:00:37.494 --> 00:00:38.828
- Would have found
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- Very important, like with iran, and also ones
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- He would have found pretty entertaining.
- 00:00:41.231 --> 00:00:43.133
- You know, charlie would really love
- 00:00:43.133 --> 00:00:44.367
- Laying into graham plattner.
- 00:00:44.367 --> 00:00:46.035
- Let's here it is.
- 00:00:46.035 --> 00:00:47.737
- Mitch mcconnell dead. yeah, we'd get all over that.
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- We have a great series of guests today.
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- By the way.
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- We got going to start out the gate strong
- 00:00:53.309 --> 00:00:54.477
- With sean davis. one of our absolute favorites.
- 00:00:54.477 --> 00:00:56.579
- So just a total amazing run a show today.
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- Sean, welcome back to the show, my friend.
- 00:00:59.582 --> 00:01:02.852
- Good to be back.
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- Thank you for having me.
- 00:01:03.987 --> 00:01:05.088
- So, listen, you know, you're welcome back.
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- You you are one of those people.
- 00:01:07.457 --> 00:01:08.858
- If you say i want to come on. which you never do.
- 00:01:08.858 --> 00:01:10.627
- I'm always the one asking. but, you know, you would.
- 00:01:10.627 --> 00:01:13.029
- I would just find a place for you.
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- So it's great to have you.
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- I want to start kind of with the biggie on the
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- I chart here, which is the preliminary hearing.
- 00:01:18.468 --> 00:01:20.970
- I've seen you active on social media.
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- Explain to me how you think that's going,
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- And then i want to get into the around stuff.
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- Get the.
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- The whole hearing thing is a little weird
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- Because i guess they don't do the grand jury thing in utah.
- 00:01:31.614 --> 00:01:34.517
- So, it's kind of, wrap your head around it
- 00:01:34.517 --> 00:01:38.688
- When you're used to someone being indicted,
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- And then they just end up being tried on the case.
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- You know, it's a little quirky.
- 00:01:42.192 --> 00:01:43.626
- So we're seeing a lot of very preliminary stuff.
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- They're having to clear this bar of.
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- Is there enough evidence to charge this guy?
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- And you know, from what i've seen so far,
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- I thought it was a
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- Pretty strong case
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- Before all the proceedings started this week.
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- And i've moved from yeah, it's a pretty strong case
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- To kind of it's like it's
- 00:02:01.578 --> 00:02:03.046
- Not just open and shut, it's a slam dunk case.
- 00:02:03.046 --> 00:02:05.949
- They know exactly what tyler robinson was doing.
- 00:02:05.949 --> 00:02:08.451
- They know where he was.
- 00:02:08.451 --> 00:02:09.552
- They know when he was.
- 00:02:09.552 --> 00:02:10.687
- They've got his dna on everything.
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- I don't expect it's going to be a long trial once
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- The actual trial begins, but
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- I've actually been surprised by how overwhelming
- 00:02:17.594 --> 00:02:20.797
- The evidence is against tyler robinson.
- 00:02:20.797 --> 00:02:23.700
- All right.
- 00:02:23.700 --> 00:02:24.701
- Sean, one of the stories that is now, happening
- 00:02:24.701 --> 00:02:28.271
- As we speak, president trump is in turkey for a nato
- 00:02:28.271 --> 00:02:31.207
- Summit, and we're bombing iran again.
- 00:02:31.207 --> 00:02:34.410
- So that's fun.
- 00:02:34.744 --> 00:02:35.745
- He's now saying, you know, straight up to him.
- 00:02:35.745 --> 00:02:39.482
- He says to me, the mlu is done.
- 00:02:39.482 --> 00:02:43.253
- I don't want to deal with these scumbags anymore.
- 00:02:43.253 --> 00:02:45.989
- What do we make of this?
- 00:02:46.522 --> 00:02:47.824
- Because i know you and i, blake included, we are skeptical
- 00:02:47.824 --> 00:02:50.727
- About this war, but we excited about the prospect of peace.
- 00:02:50.727 --> 00:02:54.297
- Is peace achievable?
- 00:02:54.297 --> 00:02:57.066
- Oh, i think peace is always achievable.
- 00:02:57.066 --> 00:02:59.035
- And, you know, with trump, it's
- 00:02:59.035 --> 00:03:00.570
- Hard to know when he uses that rhetoric.
- 00:03:00.570 --> 00:03:04.007
- Is he trying to scare them?
- 00:03:04.007 --> 00:03:05.808
- We know he's not bluffing because he's more than happy
- 00:03:05.808 --> 00:03:08.077
- To just bomb the crap out of them.
- 00:03:08.077 --> 00:03:09.912
- Back into good behavior.
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- Is he bluffing?
- 00:03:11.748 --> 00:03:12.815
- Is he trying to get them to come to their senses?
- 00:03:12.815 --> 00:03:15.618
- And you also have the question of, like,
- 00:03:15.618 --> 00:03:17.153
- What is actually going on in iran?
- 00:03:17.153 --> 00:03:19.622
- Who is in charge there? who's making the decisions?
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- Was this a deliberate government
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- Effort to go and try and blow up the mou?
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- Is there a faction in there that wants
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- To keep the war going that doesn't like,
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- The prospect of peace?
- 00:03:30.366 --> 00:03:31.734
- And so they thought, oh, he trump is in turkey.
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- Let's go harass some some ships on the strait
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- Of hormuz and, you know, show him who's boss.
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- I think what's probably likely going
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- Forward is just a very, very low level
- 00:03:42.312 --> 00:03:45.548
- Simmer, you know, pot shots here and there,
- 00:03:45.548 --> 00:03:49.118
- I read doesn't really have
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- The capability to do much beyond that.
- 00:03:50.720 --> 00:03:52.922
- They've they've been bombed back to the stone age.
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- They have no, they have no navy.
- 00:03:55.325 --> 00:03:58.695
- They have no ability to really mount war against us.
- 00:03:58.695 --> 00:04:01.964
- So it's kind of just like these little pot
- 00:04:01.964 --> 00:04:03.666
- Shots from the woods that they have.
- 00:04:03.666 --> 00:04:05.501
- And when you take that into account,
- 00:04:05.501 --> 00:04:07.003
- Of course, peace is possible as long as you have a president
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- Who is willing to have peace, as long as you have people
- 00:04:09.706 --> 00:04:12.408
- Over there who are willing to have it, it's possible.
- 00:04:12.408 --> 00:04:14.977
- And so i think
- 00:04:15.311 --> 00:04:16.512
- You have to understand that it's possible going forward,
- 00:04:16.512 --> 00:04:18.381
- If you just throw up, your hands are like,
- 00:04:18.381 --> 00:04:19.782
- Oh, it's all over, everything's done.
- 00:04:19.782 --> 00:04:21.984
- It's going to be war forever.
- 00:04:21.984 --> 00:04:23.619
- I think that's probably a self-defeating thought,
- 00:04:23.619 --> 00:04:26.923
- Probably a self-fulfilling prophecy.
- 00:04:26.923 --> 00:04:28.825
- So we'll see what happens.
- 00:04:28.825 --> 00:04:30.393
- I think they can probably be bombed back into good behavior,
- 00:04:30.393 --> 00:04:33.496
- But who knows. we'll see.
- 00:04:33.496 --> 00:04:34.864
- So we'll just play a little cut here from,
- 00:04:34.864 --> 00:04:37.467
- President trump because he like i said, he's
- 00:04:37.467 --> 00:04:39.469
- Meeting with all these world leaders.
- 00:04:39.469 --> 00:04:41.537
- Nato summit turkey.
- 00:04:41.537 --> 00:04:43.473
- You know, how about this?
- 00:04:43.473 --> 00:04:45.708
- Sat six.
- 00:04:45.708 --> 00:04:47.310
- How do you plan to get the nuclear material
- 00:04:47.310 --> 00:04:49.278
- And the nuclear assurances that you want?
- 00:04:49.278 --> 00:04:51.180
- Well, we've already got the nuclear major
- 00:04:51.180 --> 00:04:52.782
- Because it's so far underground.
- 00:04:52.782 --> 00:04:54.417
- Nobody's going to be able to get it except us,
- 00:04:54.417 --> 00:04:56.819
- Because we have the equipment that can get it.
- 00:04:56.819 --> 00:04:58.588
- But the i call it the nuclear test, the
- 00:04:58.588 --> 00:05:01.691
- The nuclear material
- 00:05:01.691 --> 00:05:04.160
- Is so far down underneath the mountain.
- 00:05:04.160 --> 00:05:06.929
- And now it has been determined we're the only ones
- 00:05:06.929 --> 00:05:09.232
- Who can get the nuclear dust anyway.
- 00:05:09.232 --> 00:05:10.566
- So so it's a nice it's a nice to have not a need to have.
- 00:05:10.566 --> 00:05:13.202
- Yeah.
- 00:05:13.202 --> 00:05:14.370
- Yeah i agree it does sort of seem like you're dealing.
- 00:05:14.370 --> 00:05:17.273
- You mentioned this though.
- 00:05:17.273 --> 00:05:18.174
- The command and control
- 00:05:18.174 --> 00:05:20.209
- Apparatus within iran, it's difficult to know
- 00:05:20.209 --> 00:05:22.678
- When there are these little strikes against these vessels.
- 00:05:22.678 --> 00:05:24.947
- Like is that coming from one,
- 00:05:24.947 --> 00:05:26.783
- You know, kind of rogue element within the,
- 00:05:26.783 --> 00:05:30.553
- You know, decentralized command structure within iran?
- 00:05:30.553 --> 00:05:33.222
- Now, it's hard to understand.
- 00:05:33.222 --> 00:05:35.358
- Is peace a peace deal, even doable?
- 00:05:35.358 --> 00:05:37.827
- Do you even need one at this point?
- 00:05:37.827 --> 00:05:39.295
- That's the question.
- 00:05:39.295 --> 00:05:41.130
- Obviously,
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- You want the
- 00:05:41.697 --> 00:05:42.598
- Strait of hormuz open and you want the
- 00:05:42.598 --> 00:05:43.766
- The energy flowing freely to the world.
- 00:05:43.766 --> 00:05:45.802
- But there is this other thing where our production
- 00:05:45.802 --> 00:05:48.304
- Has ramped up the other regional partners in that area
- 00:05:48.304 --> 00:05:52.375
- Have been rerouting oil and gas around iran. and,
- 00:05:52.375 --> 00:05:56.979
- You know, they're currently constructing pipelines.
- 00:05:56.979 --> 00:05:59.782
- Do we is this something we could just sort of
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- Outlast them on?
- 00:06:02.718 --> 00:06:05.087
- Yeah, i that's a great question, does
- 00:06:05.087 --> 00:06:07.223
- The us need the strait of hormuz?
- 00:06:07.223 --> 00:06:08.891
- And the answer is not really.
- 00:06:08.891 --> 00:06:10.426
- That's not where we get the bulk of our oil from.
- 00:06:10.426 --> 00:06:13.129
- And so the next question is
- 00:06:13.129 --> 00:06:14.163
- Who needs the strait of hormuz open?
- 00:06:14.163 --> 00:06:16.632
- It's europe.
- 00:06:16.632 --> 00:06:17.633
- They're the ones who need it open.
- 00:06:17.633 --> 00:06:19.035
- They're the ones who are getting hurt the most.
- 00:06:19.035 --> 00:06:20.503
- Now, obviously
- 00:06:20.503 --> 00:06:21.504
- Their spot price impacts that that affect the
- 00:06:21.504 --> 00:06:24.106
- The overall global price of oil there.
- 00:06:24.106 --> 00:06:26.209
- But it's europe that needs that oil.
- 00:06:26.209 --> 00:06:28.478
- And so with trump
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- Being there with nato,
- 00:06:29.378 --> 00:06:30.913
- I think he's going to go in and make the case like,
- 00:06:30.913 --> 00:06:33.149
- Hey europe, hey nato, remember, you exist to protect nato.
- 00:06:33.149 --> 00:06:37.487
- To protect europe.
- 00:06:37.487 --> 00:06:38.754
- That was the whole purpose of nato is to protect europe from,
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- The soviet union.
- 00:06:42.091 --> 00:06:43.559
- So this seems to be like maybe
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- Your problem to solve europe in nato.
- 00:06:46.562 --> 00:06:49.298
- You know, we went in there, we removed the the bomb.
- 00:06:49.298 --> 00:06:52.101
- The crap out of the regime
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- Made it impossible for them to go after their neighbors.
- 00:06:53.503 --> 00:06:56.339
- And now
- 00:06:56.339 --> 00:06:57.473
- That the only thing left that's the is the really major
- 00:06:57.473 --> 00:07:00.409
- Point of leverage. it's the strait of hormuz.
- 00:07:00.409 --> 00:07:02.278
- It's probably
- 00:07:02.278 --> 00:07:03.446
- A good idea for you, nato and you turkey and you europe.
- 00:07:03.446 --> 00:07:06.916
- To take some ownership and accountability here.
- 00:07:06.916 --> 00:07:09.485
- And maybe you go and work on fixing this problem
- 00:07:09.485 --> 00:07:12.388
- Because it's actually not a big deal from the us.
- 00:07:12.388 --> 00:07:14.390
- We can go and bomb iran whenever
- 00:07:14.390 --> 00:07:15.658
- We feel like it with impunity.
- 00:07:15.658 --> 00:07:17.393
- But until that street is totally open,
- 00:07:17.393 --> 00:07:19.529
- It doesn't impact us all that much.
- 00:07:19.529 --> 00:07:21.464
- It impacts europe.
- 00:07:21.464 --> 00:07:22.698
- So the fact that all of this is happening in this escalation
- 00:07:22.698 --> 00:07:25.468
- Is kind of occurring as trump is in turkey.
- 00:07:25.468 --> 00:07:27.436
- Dealing with nato, i think is a really, really fascinating
- 00:07:27.436 --> 00:07:30.373
- Aspect, of the the ongoing hostility over in iran.
- 00:07:30.373 --> 00:07:34.410
- Sean davis, thanks for fitness in here, man.
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- God bless you.
- 00:07:37.046 --> 00:07:38.214
- And we'll we'll definitely have you on again soon.
- 00:07:38.214 --> 00:07:40.483
- So awesome. thank you for having me.
- 00:07:40.483 --> 00:07:46.000
- So awesome. thank you for having me.
- 00:07:46.000 --> 00:07:51.593
- Well welcome back
- 00:07:52.027 --> 00:07:52.928
- To the studio administrator leffler.
- 00:07:52.928 --> 00:07:55.897
- And you are, of course,
- 00:07:55.897 --> 00:07:57.198
- In charge of the small business, administration,
- 00:07:57.198 --> 00:08:00.268
- Which is a huge, huge project that people do not
- 00:08:00.268 --> 00:08:03.838
- Fully appreciate.
- 00:08:03.838 --> 00:08:05.106
- But welcome back. we're so glad to have you.
- 00:08:05.106 --> 00:08:06.708
- Well, andrew blake, it's great to be back with y'all,
- 00:08:06.708 --> 00:08:09.277
- A great honor. please call me kelly.
- 00:08:09.277 --> 00:08:11.179
- Kelly, administrator leffler, i think so.
- 00:08:11.179 --> 00:08:13.715
- I got a whole pitch.
- 00:08:13.715 --> 00:08:15.216
- I want the president to hear this.
- 00:08:15.216 --> 00:08:16.551
- It should be secretary
- 00:08:16.551 --> 00:08:17.786
- Across the board, but, i mean, it's a big deal.
- 00:08:17.786 --> 00:08:20.789
- You are in the president's cabinet,
- 00:08:20.789 --> 00:08:22.624
- So i figured we should start there
- 00:08:22.624 --> 00:08:24.259
- Because you had this big, cabinet meeting last week,
- 00:08:24.259 --> 00:08:27.128
- And you were dropping numbers that, made my eyes water
- 00:08:27.128 --> 00:08:31.399
- And i.
- 00:08:31.600 --> 00:08:32.233
- And it's one of those things
- 00:08:32.233 --> 00:08:33.201
- Where we hear them again and again and again.
- 00:08:33.201 --> 00:08:34.970
- They start.
- 00:08:34.970 --> 00:08:35.770
- They start losing their impact.
- 00:08:35.770 --> 00:08:37.238
- And i really want to drive home a few points here.
- 00:08:37.238 --> 00:08:40.442
- So let's go ahead and play. cut 50.
- 00:08:40.442 --> 00:08:42.677
- Think about at the sba, we found $200
- 00:08:42.677 --> 00:08:45.680
- Billion in fraudulent ppe loans that the biden administration
- 00:08:45.680 --> 00:08:50.085
- Tried to hide and forgive and sweep under the rug.
- 00:08:50.085 --> 00:08:52.954
- We've turned the first $22 billion of that over
- 00:08:52.954 --> 00:08:56.391
- To treasury for collections and to doj for prosecution.
- 00:08:56.391 --> 00:08:59.761
- Our inspector general is already announcing
- 00:08:59.761 --> 00:09:02.831
- That people are going to jail.
- 00:09:02.831 --> 00:09:04.399
- There are jail sentences now being served.
- 00:09:04.399 --> 00:09:06.635
- We've announced that 140,000 people
- 00:09:06.635 --> 00:09:10.505
- Have been, barred from ever getting sba loans again
- 00:09:10.505 --> 00:09:13.842
- To, defrauding the government for about $9 billion.
- 00:09:13.842 --> 00:09:17.178
- So we are going to continue our work
- 00:09:17.178 --> 00:09:19.280
- Under the great leadership and vice president vance and
- 00:09:19.280 --> 00:09:21.683
- I appreciate the partnership
- 00:09:21.683 --> 00:09:23.151
- Because it's really accelerated
- 00:09:23.151 --> 00:09:24.753
- Our ability to get the job done.
- 00:09:24.753 --> 00:09:26.855
- Hold the hold the phone here?
- 00:09:26.855 --> 00:09:28.690
- These numbers you're you're mentioning,
- 00:09:28.690 --> 00:09:30.692
- Just like herds of thousands of people permanently barred.
- 00:09:30.692 --> 00:09:33.695
- Yeah, but the population of tempe, 562,000 people,
- 00:09:33.695 --> 00:09:38.133
- In that 22 billion.
- 00:09:38.133 --> 00:09:40.935
- Okay, okay.
- 00:09:40.935 --> 00:09:41.603
- But i. okay, okay.
- 00:09:41.603 --> 00:09:44.639
- That's a state that many people.
- 00:09:44.639 --> 00:09:46.908
- $200 billion in fraudulent peop loans.
- 00:09:46.908 --> 00:09:51.079
- 200 billion.
- 00:09:51.079 --> 00:09:53.048
- That's like the gdp of, like,
- 00:09:53.048 --> 00:09:56.084
- Bigger than the gdp of just about every country on earth.
- 00:09:56.084 --> 00:09:59.888
- And it's just like $200 billion.
- 00:09:59.888 --> 00:10:02.323
- And so you said you've turned over
- 00:10:02.323 --> 00:10:04.225
- The first 22 billion of that over to treasury
- 00:10:04.225 --> 00:10:07.328
- And doj for prosecutions.
- 00:10:07.328 --> 00:10:08.997
- And you're saying of that 22 billion, which is just
- 00:10:08.997 --> 00:10:12.233
- A small little sliver of the 200 billion
- 00:10:12.233 --> 00:10:15.170
- That is associated with over 500,000 criminals?
- 00:10:15.170 --> 00:10:18.540
- That's exactly right.
- 00:10:19.040 --> 00:10:20.475
- And it is eye watering.
- 00:10:20.475 --> 00:10:22.177
- And here's what the biden administration did once
- 00:10:22.177 --> 00:10:25.180
- They discovered that there was their own
- 00:10:25.180 --> 00:10:27.148
- Inspector general said of the $1.2 trillion
- 00:10:27.148 --> 00:10:31.453
- That went out in three tranches of ppe,
- 00:10:31.453 --> 00:10:34.589
- Of that 200 billion was fraudulent.
- 00:10:35.356 --> 00:10:38.159
- Well, then the biden administration
- 00:10:38.159 --> 00:10:39.627
- Immediately proceeded to give de facto amnesty
- 00:10:39.627 --> 00:10:42.697
- To everyone who committed fraud and said, you know what?
- 00:10:42.697 --> 00:10:45.667
- No harm, no foul.
- 00:10:45.667 --> 00:10:46.868
- Hardworking americans were deprived of funding,
- 00:10:46.868 --> 00:10:49.404
- Particularly our small businesses.
- 00:10:49.404 --> 00:10:50.739
- I mean, no one harder working than small businesses.
- 00:10:50.739 --> 00:10:53.208
- I been in arizona meeting with small businesses all day.
- 00:10:53.208 --> 00:10:56.611
- You know, they work seven days a week.
- 00:10:56.611 --> 00:10:58.947
- Meanwhile, there's criminals just saying,
- 00:10:58.947 --> 00:11:00.515
- Well, i'm just going to do this the easy way.
- 00:11:00.515 --> 00:11:01.916
- Rip off the government.
- 00:11:01.916 --> 00:11:02.784
- Well,
- 00:11:02.784 --> 00:11:03.752
- You know, as i said in the fraud
- 00:11:03.752 --> 00:11:04.953
- Taskforce meeting, this isn't the beginning of the end.
- 00:11:04.953 --> 00:11:07.155
- This is the beginning of the beginning of prosecutions
- 00:11:07.155 --> 00:11:10.959
- And holding people accountable
- 00:11:10.959 --> 00:11:12.393
- And then making sure it never happens again.
- 00:11:12.393 --> 00:11:14.262
- 500 how many?
- 00:11:14.262 --> 00:11:15.563
- How many thousand 562,000 in the $22 billion tranche,
- 00:11:15.563 --> 00:11:20.835
- What's the population of south dakota?
- 00:11:20.835 --> 00:11:22.504
- Oh, it's about like 850,000.
- 00:11:22.504 --> 00:11:24.773
- Yeah.
- 00:11:24.773 --> 00:11:26.007
- No, but that's about that's wyoming right there or vermont.
- 00:11:26.007 --> 00:11:27.776
- This is obscene.
- 00:11:27.776 --> 00:11:28.576
- $200 billion.
- 00:11:28.576 --> 00:11:29.744
- That's the that's the gdp of, qatar.
- 00:11:29.744 --> 00:11:32.313
- If you want to pick a country. okay.
- 00:11:32.313 --> 00:11:35.784
- Okay.
- 00:11:36.017 --> 00:11:37.085
- So the criminals are walking amongst amongst us.
- 00:11:37.085 --> 00:11:39.721
- This is the way it makes me feel.
- 00:11:39.721 --> 00:11:41.289
- And this is something that blake and
- 00:11:41.289 --> 00:11:42.423
- I talk a lot about on the show is that
- 00:11:42.423 --> 00:11:44.959
- You cannot run a country if basically everybody knows
- 00:11:44.959 --> 00:11:48.830
- That you can get away with highway crime like this,
- 00:11:48.830 --> 00:11:51.966
- Because
- 00:11:52.200 --> 00:11:53.735
- It just starts breaking down, the social compact breaks down.
- 00:11:53.735 --> 00:11:56.871
- And even the likes of money, it's blake.
- 00:11:56.871 --> 00:11:58.173
- Well, it's that's what makes people jaded.
- 00:11:58.173 --> 00:11:59.808
- That's why the young people say everything is terrible.
- 00:11:59.808 --> 00:12:01.876
- The government doesn't care what people are suggesting.
- 00:12:01.876 --> 00:12:03.778
- They shouldn't play credit cards back.
- 00:12:03.778 --> 00:12:05.380
- This is why people are saying
- 00:12:05.380 --> 00:12:06.447
- We shouldn't pay taxes anymore because you're okay.
- 00:12:06.447 --> 00:12:08.650
- The lifetime contribution of one american is about $500,000.
- 00:12:08.650 --> 00:12:11.953
- How many americans lifetime contribution
- 00:12:12.821 --> 00:12:15.590
- To their country in taxes?
- 00:12:15.590 --> 00:12:17.258
- It's just being wiped out in 560.
- 00:12:17.258 --> 00:12:20.128
- Okay.
- 00:12:20.128 --> 00:12:21.963
- You say we're getting prosecutions.
- 00:12:21.129 --> 00:12:23.898
- I don't think that that's physically possible
- 00:12:23.898 --> 00:12:26.401
- To prosecute 560,000 people. like.
- 00:12:26.401 --> 00:12:28.803
- So how are you approaching that?
- 00:12:28.803 --> 00:12:30.338
- I know it's the doj's purview, but how do you go about that?
- 00:12:30.338 --> 00:12:33.741
- Okay.
- 00:12:33.741 --> 00:12:34.943
- So now we come in in 2025 from day one zero tolerance policy.
- 00:12:34.943 --> 00:12:38.713
- We got to work on this on day one.
- 00:12:38.713 --> 00:12:40.882
- The fraud task force, the vice president vance is really
- 00:12:40.882 --> 00:12:44.452
- Leading and helping us accelerate has delivered in 51
- 00:12:44.452 --> 00:12:48.623
- Days about 450, law enforcement actions,
- 00:12:48.623 --> 00:12:52.360
- Whether it's arrest
- 00:12:52.360 --> 00:12:53.461
- Warrants or arrests or prosecutions, indictments.
- 00:12:53.461 --> 00:12:55.964
- That's just the start.
- 00:12:55.964 --> 00:12:57.532
- Now, how are we doing it?
- 00:12:57.532 --> 00:12:58.600
- You can see things already
- 00:12:58.600 --> 00:12:59.934
- Working through the system at the sba.
- 00:12:59.934 --> 00:13:01.569
- We've already announced some banks have returned
- 00:13:01.569 --> 00:13:03.905
- Millions and millions of dollars.
- 00:13:03.905 --> 00:13:05.306
- People are serving jail time, prison sentences, multiyear.
- 00:13:05.306 --> 00:13:10.245
- They just announced feeding our future.
- 00:13:10.245 --> 00:13:11.913
- The ringleader of that is 42.5 years sentence in jail.
- 00:13:11.913 --> 00:13:15.950
- Good. it's.
- 00:13:15.950 --> 00:13:16.918
- The dam is starting to break, and there's
- 00:13:16.918 --> 00:13:18.353
- Going to be some high profile prosecutions that.
- 00:13:18.353 --> 00:13:21.089
- Oh, there will be.
- 00:13:21.089 --> 00:13:22.557
- There will be, because there's
- 00:13:22.557 --> 00:13:24.492
- I mean, i don't think you i don't want to get you out of.
- 00:13:24.492 --> 00:13:26.494
- Well, i'm not going to get over my skis,
- 00:13:26.494 --> 00:13:28.196
- But you know, you think about in one state.
- 00:13:28.196 --> 00:13:30.131
- So my good friend brooke rollins
- 00:13:30.131 --> 00:13:31.599
- And i were together in arizona and we were talking about
- 00:13:31.599 --> 00:13:34.502
- The fraud.
- 00:13:34.502 --> 00:13:35.470
- In usda, for example, one state had 14,000
- 00:13:35.470 --> 00:13:40.041
- People on snap on food stamps that drove luxury cars.
- 00:13:40.041 --> 00:13:43.878
- You know, teslas should all be arrested.
- 00:13:43.878 --> 00:13:46.547
- They should all be arrested.
- 00:13:46.547 --> 00:13:48.016
- I mean, i understand we got to follow the law
- 00:13:48.016 --> 00:13:50.585
- And we've got to do things by the book and all this stuff.
- 00:13:50.585 --> 00:13:52.720
- But that's my big concern, is that we simply, as a country,
- 00:13:52.720 --> 00:13:56.624
- Allowed the the problem to grow so exponentially.
- 00:13:56.624 --> 00:14:00.328
- And certainly during covid, it was like just no holds barred.
- 00:14:00.328 --> 00:14:04.098
- It's a lifestyle. how do you fix?
- 00:14:04.098 --> 00:14:05.934
- You might have entire towns, entire neighborhoods
- 00:14:05.934 --> 00:14:08.503
- Where once people are aware, oh, it gets out.
- 00:14:08.503 --> 00:14:11.172
- This is how you scam the system.
- 00:14:11.172 --> 00:14:12.607
- So you do this to get all you can.
- 00:14:12.607 --> 00:14:14.108
- I mean, you get your ppe, they're not checking it.
- 00:14:14.108 --> 00:14:17.111
- Here's how you get all this. they were mocking us.
- 00:14:17.111 --> 00:14:19.180
- You was like it was like whole wrapper communities in like.
- 00:14:19.180 --> 00:14:23.418
- So they were all like, look at my new my new whip
- 00:14:23.418 --> 00:14:27.555
- And, my, my vacation in the caribbean
- 00:14:27.555 --> 00:14:31.426
- And suckers, you know, joe biden just let's let's do it.
- 00:14:31.426 --> 00:14:35.229
- Yeah.
- 00:14:35.229 --> 00:14:36.397
- I mean, while the joke on twitter was hellcat llc and,
- 00:14:36.397 --> 00:14:39.400
- You know, just transportation company.
- 00:14:39.400 --> 00:14:41.869
- Yeah.
- 00:14:41.869 --> 00:14:43.104
- So look, this is where, you know, the buck stops with us.
- 00:14:43.104 --> 00:14:45.239
- We know that we need prosecutions, accountability.
- 00:14:45.239 --> 00:14:47.275
- And then we also have
- 00:14:47.275 --> 00:14:48.276
- To put the guardrails up so that this stops.
- 00:14:48.276 --> 00:14:49.777
- The joe has said it's about a half billion a year in fraud.
- 00:14:49.777 --> 00:14:52.947
- The o the government's own account half billion
- 00:14:52.947 --> 00:14:56.184
- I'm sorry a half trillion half trillion gs.
- 00:14:56.184 --> 00:14:58.886
- Yeah a billion a year,
- 00:14:58.886 --> 00:15:00.421
- Half a trillion a year. that's is the lifetime
- 00:15:00.421 --> 00:15:02.457
- Tax contributions of a million people.
- 00:15:02.457 --> 00:15:05.460
- Yeah.
- 00:15:05.693 --> 00:15:06.961
- Yeah i okay, well wait, is it 1 million or 10 million people?
- 00:15:06.961 --> 00:15:09.797
- You do the math, but it's we gotta,
- 00:15:09.797 --> 00:15:11.466
- We gotta we gotta worry about it.
- 00:15:11.466 --> 00:15:12.667
- Yeah, but we gotta take a quick break
- 00:15:12.667 --> 00:15:14.135
- Here with kelly leffler,
- 00:15:14.135 --> 00:15:15.436
- Administrator kelly lafleur's, future secretary.
- 00:15:15.436 --> 00:15:18.339
- That's why i'm set. no, i'm just kidding.
- 00:15:18.339 --> 00:15:19.874
- Whatever it is,
- 00:15:19.874 --> 00:15:21.175
- Whatever the salutation is, she's doing amazing work,
- 00:15:21.175 --> 00:15:24.879
- And we look forward to continuing this conversation.
- 00:15:24.879 --> 00:15:26.647
- We're going to talk about how to keep the money
- 00:15:26.647 --> 00:15:28.449
- Going out the door in the first place.
- 00:15:28.449 --> 00:15:30.685
- We'll be right back.
- 00:15:30.685 --> 00:15:35.005
- We'll be right back.
- 00:15:35.005 --> 00:15:41.427
- All right.
- 00:15:41.727 --> 00:15:42.628
- We're back with administrator leffler.
- 00:15:42.628 --> 00:15:44.597
- Kelly, it's so good to hear you talk this way.
- 00:15:44.597 --> 00:15:47.099
- Actually, so i just.
- 00:15:47.099 --> 00:15:50.036
- I just have to ask just one more time.
- 00:15:50.036 --> 00:15:52.038
- I know you can't get ahead of yourself
- 00:15:52.038 --> 00:15:53.439
- And ahead of prosecutions because some of these things
- 00:15:53.439 --> 00:15:55.641
- Moving target.
- 00:15:55.641 --> 00:15:56.609
- But you hinted at high profile prosecutions.
- 00:15:56.609 --> 00:15:59.712
- Could you hint a little bit more.
- 00:16:00.479 --> 00:16:01.947
- Could you tell kind of what you're looking at.
- 00:16:01.947 --> 00:16:03.883
- Yeah.
- 00:16:03.883 --> 00:16:04.950
- I mean, there are many, many programs that the sba
- 00:16:04.950 --> 00:16:06.919
- Ran during covid, not just
- 00:16:06.919 --> 00:16:09.622
- But eidl the economic injury disaster loan,
- 00:16:09.622 --> 00:16:12.391
- Where people had really never they borrowed money,
- 00:16:12.391 --> 00:16:15.027
- They never intended to pay it back.
- 00:16:15.027 --> 00:16:16.862
- There's that program, there's
- 00:16:16.862 --> 00:16:17.997
- The shuttered venue, operators grant.
- 00:16:17.997 --> 00:16:20.966
- That was a grant.
- 00:16:20.966 --> 00:16:22.101
- Now that was billions of
- 00:16:22.101 --> 00:16:23.235
- Dollars in grant money that never had to be paid back,
- 00:16:23.235 --> 00:16:27.006
- That there are high profile rock stars, musicians, rappers,
- 00:16:27.006 --> 00:16:31.143
- Hollywood agents that got millions
- 00:16:31.143 --> 00:16:33.045
- And millions of dollars to buy themselves
- 00:16:33.045 --> 00:16:35.181
- Cars and throw themselves birthday parties.
- 00:16:35.181 --> 00:16:37.249
- Those are well known cases.
- 00:16:37.249 --> 00:16:38.851
- So we're looking at every single program, because
- 00:16:38.851 --> 00:16:43.122
- Setting the deterrents is as important
- 00:16:43.122 --> 00:16:46.092
- As getting the money back,
- 00:16:46.092 --> 00:16:47.426
- Because we have to make sure the money doesn't
- 00:16:47.426 --> 00:16:48.928
- Go out the door in the first place.
- 00:16:48.928 --> 00:16:50.629
- And people need to see there will be consequences
- 00:16:50.629 --> 00:16:53.566
- For your actions.
- 00:16:53.566 --> 00:16:54.500
- There was basically no checks and balances
- 00:16:54.500 --> 00:16:57.269
- During covid right?
- 00:16:57.269 --> 00:16:58.471
- It was just like, how fast can we get the money out the door?
- 00:16:58.471 --> 00:17:00.573
- It got worse and there were three tranches of ppe
- 00:17:00.573 --> 00:17:04.443
- In the covid pandemic era loans that by the end.
- 00:17:04.443 --> 00:17:09.181
- So the biden administration did the last two.
- 00:17:09.181 --> 00:17:12.118
- By the end, it was helicopter money.
- 00:17:12.118 --> 00:17:14.353
- You mentioned not letting the money out the door.
- 00:17:14.353 --> 00:17:17.790
- And i know this has been a focus of the task
- 00:17:17.790 --> 00:17:19.525
- Force is stopping it before the leaves the account
- 00:17:19.525 --> 00:17:22.761
- Because it's hard to get it back.
- 00:17:22.761 --> 00:17:24.196
- It's hard to claw it back because the money just,
- 00:17:24.196 --> 00:17:25.898
- You know, it ends up in al-shabab
- 00:17:25.898 --> 00:17:27.733
- And somalia, for all we know. that's right.
- 00:17:27.733 --> 00:17:29.301
- So how are you effectively
- 00:17:29.301 --> 00:17:32.171
- Keeping it from leaving before the fraudsters can get it?
- 00:17:32.171 --> 00:17:35.107
- Well, there was shockingly a lot of low hanging fruit
- 00:17:35.107 --> 00:17:37.977
- Around that.
- 00:17:37.977 --> 00:17:39.011
- At the sba, for example, we had never required
- 00:17:39.011 --> 00:17:41.247
- A birth date to be on your sba documentation,
- 00:17:41.247 --> 00:17:45.384
- Which is why about 600 million went out the door
- 00:17:45.384 --> 00:17:48.354
- To people over the age of 115
- 00:17:48.354 --> 00:17:50.856
- And under the age of 11, citizenship.
- 00:17:50.856 --> 00:17:54.326
- There were no citizenship checks on this.
- 00:17:54.326 --> 00:17:56.996
- So there's look, this is this is all upside.
- 00:17:56.996 --> 00:17:59.865
- So these are things that we're doing,
- 00:17:59.865 --> 00:18:01.901
- We no longer make loans to non-citizens.
- 00:18:01.901 --> 00:18:04.403
- That's the first. another first.
- 00:18:04.403 --> 00:18:06.539
- And it's so upsetting because this is all obvious.
- 00:18:06.539 --> 00:18:08.874
- And you know, that that stuff wasn't in place
- 00:18:08.874 --> 00:18:10.976
- Specifically because someone thought,
- 00:18:10.976 --> 00:18:12.645
- Well, if we did that, that would stop
- 00:18:12.645 --> 00:18:14.380
- Someone from that would be racist routing it.
- 00:18:14.380 --> 00:18:16.682
- Yeah. giving it to illegal immigrants.
- 00:18:16.682 --> 00:18:18.817
- But here's the good news.
- 00:18:18.817 --> 00:18:20.119
- This administration
- 00:18:20.119 --> 00:18:21.120
- Now is on the case in every single program.
- 00:18:21.120 --> 00:18:24.356
- And the gao just put another
- 00:18:24.356 --> 00:18:25.891
- Report out about overpayments, mis misspent money
- 00:18:25.891 --> 00:18:29.395
- Across 64 programs.
- 00:18:29.395 --> 00:18:31.030
- It's $186 billion.
- 00:18:31.030 --> 00:18:33.699
- I mean, this is why
- 00:18:33.699 --> 00:18:35.000
- Because there's there's shoddy recordkeeping.
- 00:18:35.000 --> 00:18:37.403
- There's bad technology.
- 00:18:37.403 --> 00:18:38.871
- There's a lack there's a
- 00:18:38.871 --> 00:18:40.139
- There's apathy about where the money goes.
- 00:18:40.139 --> 00:18:42.341
- This administration's very different.
- 00:18:42.341 --> 00:18:44.376
- So what is your annual budget at the sba?
- 00:18:45.211 --> 00:18:48.681
- Well, it's about 1.6 billion.
- 00:18:48.681 --> 00:18:51.250
- But currently what we've proposed back
- 00:18:51.250 --> 00:18:53.519
- Is to cut the budget by two thirds.
- 00:18:53.519 --> 00:18:56.188
- I've already cut headcount by 53%.
- 00:18:56.188 --> 00:18:59.325
- Do you feel like you've noticed any decrease in service or.
- 00:18:59.325 --> 00:19:03.195
- We've we've done more sba lending
- 00:19:03.195 --> 00:19:05.264
- Than we've ever done in the how much is how much in loans
- 00:19:05.264 --> 00:19:08.801
- Are you guys doing every year?
- 00:19:08.801 --> 00:19:09.935
- We did 45 billion last year,
- 00:19:09.935 --> 00:19:11.937
- Fiscal 25 to 85,000 small businesses.
- 00:19:11.937 --> 00:19:15.741
- That was a record. wow okay.
- 00:19:15.741 --> 00:19:17.443
- So let's talk about you know, we've talked about the fraud
- 00:19:17.443 --> 00:19:20.479
- And rightly so because it's so rife and it's so offensive.
- 00:19:20.479 --> 00:19:24.183
- And i can't think of anything more america first
- 00:19:24.183 --> 00:19:26.919
- Than like, making sure that you spend your taxpaying
- 00:19:26.919 --> 00:19:29.989
- Taxpayers dollars on
- 00:19:29.989 --> 00:19:31.824
- The right things and like, and if you don't need it,
- 00:19:31.824 --> 00:19:34.893
- Stop charging the people so much in tax anyway.
- 00:19:34.893 --> 00:19:38.264
- So let's talk about what what you guys are doing
- 00:19:38.264 --> 00:19:41.267
- The positive.
- 00:19:41.267 --> 00:19:42.201
- Yeah.
- 00:19:42.201 --> 00:19:43.335
- Where you're taking this program or this this agency
- 00:19:43.335 --> 00:19:45.571
- And where where you're seeing gains.
- 00:19:45.571 --> 00:19:47.706
- Well, we're putting the guardrails back on the program.
- 00:19:47.706 --> 00:19:49.975
- The the most important thing isn't how much lending
- 00:19:49.975 --> 00:19:52.645
- We can do, it's how much we can create free enterprise.
- 00:19:52.645 --> 00:19:56.215
- We are the most free enterprise
- 00:19:56.215 --> 00:19:57.750
- Agency in the federal government.
- 00:19:57.750 --> 00:19:59.218
- And i say that
- 00:19:59.218 --> 00:20:00.419
- Because the federal government isn't lending small businesses
- 00:20:00.419 --> 00:20:02.821
- Money, we're providing a government
- 00:20:02.821 --> 00:20:04.290
- Guarantee on community lender loans to make them more likely
- 00:20:04.290 --> 00:20:07.893
- To help that small business
- 00:20:07.893 --> 00:20:09.061
- Start up to live the american dream.
- 00:20:09.061 --> 00:20:10.763
- And right now, thanks to president trump's pro-growth,
- 00:20:10.763 --> 00:20:14.566
- Low tax, low regulatory fair trade policies,
- 00:20:14.566 --> 00:20:18.170
- We have record small business formation in this country.
- 00:20:18.170 --> 00:20:21.907
- About a half million a month so far this year.
- 00:20:21.907 --> 00:20:24.877
- Something in the media, one half a million new businesses
- 00:20:24.877 --> 00:20:27.313
- Started every or loan to or started every started. wow.
- 00:20:27.313 --> 00:20:31.717
- Every month this year for the first time ever.
- 00:20:31.717 --> 00:20:34.453
- And the media
- 00:20:34.453 --> 00:20:35.387
- Is not talking about a lot of the positives
- 00:20:35.387 --> 00:20:36.755
- That are coming out of this
- 00:20:36.755 --> 00:20:37.723
- Agenda, whether it's record export
- 00:20:37.723 --> 00:20:39.591
- Or four months of factory expansion.
- 00:20:39.591 --> 00:20:42.194
- All the things that are the result of this president's
- 00:20:42.194 --> 00:20:45.464
- Agenda is if you had a profile, an average,
- 00:20:45.464 --> 00:20:49.368
- You know, small business that gets a loan
- 00:20:49.368 --> 00:20:51.203
- That's backed by the sba, like, what were we talking like
- 00:20:51.203 --> 00:20:55.140
- A five person shop,
- 00:20:55.140 --> 00:20:56.742
- A sole profit, or are we talking a factory?
- 00:20:56.742 --> 00:20:59.545
- Yes. so 60% of our loans last year
- 00:20:59.545 --> 00:21:02.081
- Went to businesses with fewer than six employees.
- 00:21:02.081 --> 00:21:05.351
- But we can lend up to now ten, $10 million
- 00:21:05.351 --> 00:21:08.954
- Per small business.
- 00:21:08.954 --> 00:21:10.122
- If you stack two of our loan types,
- 00:21:10.122 --> 00:21:12.157
- The seven a and the 500 for a loan,
- 00:21:12.157 --> 00:21:13.992
- Why is that important?
- 00:21:13.992 --> 00:21:15.194
- Because we're increasingly lending to small manufacturers,
- 00:21:15.194 --> 00:21:18.263
- Which make up 98% of all of america's manufacturers.
- 00:21:18.263 --> 00:21:22.334
- So they're the components
- 00:21:22.334 --> 00:21:23.402
- Suppliers to our large defense industrial complex.
- 00:21:23.402 --> 00:21:26.238
- Sure.
- 00:21:26.238 --> 00:21:27.139
- There are they make like a small piece
- 00:21:27.139 --> 00:21:28.607
- Of a larger critical piece, a specialist piece.
- 00:21:28.607 --> 00:21:31.543
- A lot of them are veteran owned.
- 00:21:31.543 --> 00:21:32.945
- On the automotive side, we know that ford
- 00:21:32.945 --> 00:21:34.646
- And gm rely on thousands of small businesses.
- 00:21:34.646 --> 00:21:37.449
- I just came from one here in arizona, a 50 person company,
- 00:21:37.449 --> 00:21:41.420
- A metal fabrication company that's building things
- 00:21:41.420 --> 00:21:44.189
- For our defense industry aerospace, automotive,
- 00:21:44.189 --> 00:21:47.426
- Hospitals and so data centers.
- 00:21:47.426 --> 00:21:50.429
- We cannot build this nation without small business.
- 00:21:50.429 --> 00:21:53.665
- And thanks to president trump, we are a nation of builders.
- 00:21:53.665 --> 00:21:55.801
- Again.
- 00:21:55.801 --> 00:21:56.468
- What what'd you think about?
- 00:21:56.468 --> 00:21:57.469
- Like all the the going back to the fraud again?
- 00:21:57.469 --> 00:22:00.572
- It's kind of reminds me of these, you know, we
- 00:22:00.572 --> 00:22:03.776
- We talk about these programs.
- 00:22:03.776 --> 00:22:04.977
- Jd vance does a great job articulating this that when the
- 00:22:04.977 --> 00:22:09.448
- Fraudsters in the schemers rip off
- 00:22:09.448 --> 00:22:12.184
- Money from the system, people that need it don't get it.
- 00:22:12.184 --> 00:22:15.053
- But now if you're getting rid of the fraud in the system,
- 00:22:15.053 --> 00:22:17.189
- You're actually going to get the the loans
- 00:22:17.189 --> 00:22:19.124
- To the right companies that can actually expand.
- 00:22:19.124 --> 00:22:21.193
- And maybe they're
- 00:22:21.193 --> 00:22:21.827
- A five person team now,
- 00:22:21.827 --> 00:22:23.295
- But they're going to be a 50 or a 500 person team
- 00:22:23.295 --> 00:22:25.798
- Because of the loans that are provided.
- 00:22:25.798 --> 00:22:27.466
- That's right.
- 00:22:27.466 --> 00:22:28.267
- And there's nothing more america
- 00:22:28.267 --> 00:22:29.368
- First than making sure that the americans that pay
- 00:22:29.368 --> 00:22:32.438
- The taxes are the beneficiaries of the programs.
- 00:22:32.438 --> 00:22:35.007
- It's just common sense.
- 00:22:35.007 --> 00:22:36.108
- That's what i think
- 00:22:36.108 --> 00:22:37.142
- This administration is bringing is common sense.
- 00:22:37.142 --> 00:22:38.577
- Of course we're going to prosecute crime. it's wrong.
- 00:22:38.577 --> 00:22:40.679
- And we need deterrence and we need accountability.
- 00:22:40.679 --> 00:22:42.448
- Bigger doj is what we need.
- 00:22:42.448 --> 00:22:43.949
- Honestly,
- 00:22:43.949 --> 00:22:44.650
- We should
- 00:22:44.650 --> 00:22:45.818
- I think i think we would behoove us, well, if we hired
- 00:22:45.818 --> 00:22:47.820
- Several thousand additional prosecutors
- 00:22:48.620 --> 00:22:50.856
- Just to go to these, you
- 00:22:50.856 --> 00:22:52.558
- And the judges needed you churn through this
- 00:22:52.558 --> 00:22:54.993
- And if that if it is a manpower issue
- 00:22:54.993 --> 00:22:57.396
- To get every fraudster you can you solve that manpower issue.
- 00:22:57.396 --> 00:23:01.033
- We have a lot of underemployed lawyers in this country.
- 00:23:01.033 --> 00:23:02.968
- And this fraud task force
- 00:23:02.968 --> 00:23:04.136
- Is going to make sure that the resources are there.
- 00:23:04.136 --> 00:23:06.805
- Well, god bless you.
- 00:23:06.805 --> 00:23:08.040
- Like genuinely, as a taxpayer in this country who feels like
- 00:23:08.040 --> 00:23:11.276
- I pay too much in tax, thank you for your hard work
- 00:23:11.276 --> 00:23:14.379
- And, for putting americans first.
- 00:23:14.379 --> 00:23:17.449
- It's easy to say,
- 00:23:17.449 --> 00:23:18.317
- But it's much harder to do sometimes
- 00:23:18.317 --> 00:23:19.852
- When you get into the bureaucracy.
- 00:23:19.852 --> 00:23:21.553
- So god bless you. thank you. god bless you. lovely.
- 00:23:21.553 --> 00:23:24.122
- Thank you so much. so much.
- 00:23:24.122 --> 00:23:24.122