A Record Number of Americans Say They Are Worse Off Financially Since Joe Biden Took Office


Posted originally on the CTH on February 5, 2023 | Sundance

According to the latest ABC/WaPo polling [Full pdf Here], 41% of Americans say they are worse off financially under Joe Biden.  That is the highest negative response to the question in the 37-year history of ABC polling.

Yet we are supposed to believe voters suffering under the worst financial outlooks in 40-years rewarded Joe Biden just two months ago with support for his Democrat Party and candidates?   Something is just not adding up.

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[Full Poll Data Here]

Interest Rates & the Fed


Armstrong Economics Blog/Interest Rates Re-Posted Feb 2, 2023 by Martin Armstrong

The Federal Reserve raised the benchmark by 25 bps, as expected. The Fed fully understands that the manipulation of the CPI is a necessary aspect both for containing government benefits and understating inflation also results in high tax revenues. The market loves hope, and as a result, they focused on the warning that we’ll be in restrictive territory for just a bit longer. Most still believe that there will be a slowdown in inflation just ahead.

The Fed’s cautionary commentary saying that the “disinflation process” has started triggered shares to jump ending up 1%. This shows how insane the analysis had become that they cheer a recession and think that lower interest rates are bullish for the stock market. Obviously, they just listen to the talking heads on TV and have never bothered to look at reality. When interest rates decline, so has the stock market. Interest rates rose for the entire Trump Rally, and they crashed during the Great Recession of 2007-2009. For the life of me, I just shake my head when the talking heads cheer lower rates and spread doom and gloom with higher rates.

Russiagate: A New Deep Dive into the Media’s Stunning Lies, Corruption, & Complicity | SYSTEM UPDATE #32


Posted originally on Rumble by Genn Greenwald Streamed on: Jan 31, 7:00 pm EST

Glenn Greenwald always has good stuff to read

Gallup Poll – Gov’t is Our Greatest Problem


Armstrong Economics Blog/Uncategorized Re-Posted Feb 1, 2023 by Martin Armstrong

Gallup has just confirmed what our computer has been forecasting especially since 2011. The majority of Americans now say that a lack of leadership from President Biden and Congress is the country’s biggest problem and that means the entire world. Perhaps aliens should have a right to vote for the decisions of the Biden Administration are destroying lives around the world.

The Gallup Poll shows that it is the collapse of confidence in a government that is now viewed as the greatest threat even more so than inflation, ​the immigration crisis, and the state of the economy. Despite Americans suffering economically with higher taxes and inflation reducing the standard of living, they have cited that “the government/poor leadership” is now in the No. 1 spot taking that place from inflation over the past year. Gallup has reported that 21% of Americans name our incompetent government as the “most important problem facing this country today​” compared to the 15% who said so last year, a Gallup Poll found.

​Inflation and the economy ​came in last year as the top two issues — tied at 16% each — followed by the government (15%), immigration (8%), and unifying the country (6%). ​However, over the past year, Americans’ concerns with the economy fell 6% to 10%, with ​inflation falling one point to 15%, and immigration rose 3 points to 11%.

Just wait until they realize that the Biden Administration is so incompetent, it has allowed the Neocons to wage World War III on two fronts – China and Russia. These people will destroy Western Civilization and that is what 2032 is all about.

Fox News – “ominous Great Depression warning”


Armstrong Economics Blog/Economics Re-Posted Feb 1, 2023 by Martin Armstrong

Fox Business is reporting that economic conditions are much worse than you are being told.  Unfortunately, this is the conclusion when you have ZERO understanding of the historical trends and economic conditions. It is true that the shortages of COVID have caused prices to rise faster than economic growth and most incomes.  Therefore, they conclude that our standard of living has been rapidly declining.  The number reveals that more than one-third of all U.S. young adults are being supported in part by their parents. Thanks to COVID, this disrupted society far greater than anyone is reporting. In addition to the shortages because of the lockdowns, by the end of 2020, more than half of young adults in America were living with one or both parents. That statistic actually exceeded the record high of the Great Depression.

Here is the worst part of this analysis. Many are jumping on the bandwagon claiming that the decline in real disposable income has been the largest since 1932 and therefore, this is a warning sign of a Great Depression is coming. They seem to be focused on the fact that the GDP report showed a significant decline in real disposable income, which fell over $1 trillion in 2022. Now let’s look closer!

First of all, the entire reason why unemployment rise to 25% during the latter part of the Great Depression was the Dust Bowl. Why? At that time, about 40% of the civil workforce was still agrarian. The Dust Bowl meant job loss. If you could not even plant crops, there was no need for people to pick crops.

Service during the Great Depression accounted for 17% of the workforce compared to 44%+ today. Government, federal, state, and local, was 22% of the civil workforce during the Great Depression compared to 33% by 1980. Things have continued to evolve and by 2019, services represent 79.41%. Agriculture is now a tiny fraction of what it once was – 1.41%.

In the USA, at the state level, their share of the civil workforce varies greatly. Florida is at about 11.3% compared to New Mexico which is 22.5% – a government employee’s paradise. The lowest is Michigan at 10.1%.

During the Great Depression, the entire reason for the collapse in disposable income was the collapse in agriculture which created a collapse in income due to massive unemployment. That is totally different from the crisis we have today.

Here we have rising prices due to shortages and then central banks raising interest rates in a fool’s quest to stop inflation when it is not based on speculation. Moreover, the biggest borrower is the government, and rising interest rates will only increase their exposure to keep rolling over the debt. Therefore, governments have been borrowing year after year. What happens when the public no longer buys their debt? Real disposable income has been collapsing for completely different reasons since 1932. Here we have the costs of everything rising and then these people want war with Russia and China. Every war since the start of recorded history has resulted in inflation. Add to this, the total insanity of trying to end climate change by outlawing fossil fuels at a time when the climate is prone to getting colder.

We are already witnessing riots around the world BECAUSE of inflation. During the Great Depression, people were suffering from DEFLATION. So comparing just that statistic of a decline in personal income and projecting we now face a Great Depression, does not even qualify to be classified as analysis. That is no different from someone warning that carrots must be lethal because everyone who has ever eaten a carrot has obviously died.

Sunday Talks, Speaker Kevin McCarthy -vs- Margaret Brennan


Posted originally on the CTH on January 29, 2023 | Sundance

With talking points in hand CBS’s Margaret Brennan drops all pretenses and goes straight into her role as defender of the Biden regime in the White House.

House Speaker Kevin McCarthy appears on Face the Nation for a dueling narrative contest with Ms. Brennan.  WATCH (transcript below):

[Transcript] -Mr. Speaker, good morning to you.

REPRESENTATIVE KEVIN MCCARTHY (R-California): Good morning. Thanks for having me back in studio.

MARGARET BRENNAN: It must be sobering to hear that reminder.

REPRESENTATIVE KEVIN MCCARTHY: Well, it took me a little while to get there, but it feels good.

(LAUGHTER)

MARGARET BRENNAN: Well, you are here now at this key moment in time. And I want to get to some of the top agenda items.

You have accepted an invitation to meet with President Biden. When will that happen, and what offer will you put on the table?

REPRESENTATIVE KEVIN MCCARTHY: Well, we’re going to meet this Wednesday.

I know the president said he didn’t want to have any discussions, but I think it’s very important that our whole government is designed to find compromise. I want to find a reasonable and a responsible way that we can lift the debt ceiling, but take control of this runaway spending.

I mean, if you look at the last four years, the Democrats have increased spending by 30 percent, $400 billion. We’re at a 120 percent of GDP. We haven’t been in this place to debt since World War 2. So we can’t continue down this path.

And I don’t think there’s anyone in America who doesn’t agree that there’s some wasteful Washington spending that we can eliminate.

MARGARET BRENNAN: Mm-hmm.

REPRESENTATIVE KEVIN MCCARTHY: So, I want to sit down together, work out an agreement that we can move forward to put us on a path to balance, at the same time, not put any — any of our debt in jeopardy at the same time.

MARGARET BRENNAN: But avoid a default, in other words?

REPRESENTATIVE KEVIN MCCARTHY: Yes.

MARGARET BRENNAN: But do you have any indication that the president is willing to discuss both lifting the debt ceiling and the issue of future spending?

REPRESENTATIVE KEVIN MCCARTHY: Well, if he’s changed his mind from his whole time in the Senate and vice president before — I mean, he literally led the talks in 2011 and he praised having those talks. This is what he’s always done in the past.

And if he listens to the American public, more than 74 percent believe we need to sit down and find ways to eliminate this wasteful spending in Washington. So, I don’t believe he would change his behavior from before, and I know there’s a willingness on our side to find a way that we can find a reasonable and responsible way to get this done.

MARGARET BRENNAN: But, right, I mean, you know why I’m asking that…

REPRESENTATIVE KEVIN MCCARTHY: Yes.

MARGARET BRENNAN: … in terms of not linking one as leverage for the other.

REPRESENTATIVE KEVIN MCCARTHY: Yes.

Well, in my first conversation — and, to be fair, the president, when he called me to congratulate winning speaker, this is one of the first things I brought up to him. And he said we’d sit down together.

Now, I know his staff tries to say something different, but I think the president is going to be willing to make an agreement together.

MARGARET BRENNAN: Well, we’ll watch for that on Wednesday.

REPRESENTATIVE KEVIN MCCARTHY: I’m hopeful, yes.

MARGARET BRENNAN: I want to dig into what you are willing to put on the table because Republicans campaigned on fiscal responsibility.

You promised you won’t spend more next year than you did last year. Are you willing to consider any reductions to Social Security and Medicare?

REPRESENTATIVE KEVIN MCCARTHY: No. Let’s take those off the table. We want to…

MARGARET BRENNAN: Completely?

REPRESENTATIVE KEVIN MCCARTHY: Yes.

I mean, if you read our commitment to America, all we talk about is strengthening Medicare and Social Security. So — and I know the president says he doesn’t want to look at it, but we’ve got to make sure we strengthen those. I think…

MARGARET BRENNAN: What do you mean by strengthen them? You mean lift the retirement age, for example?

REPRESENTATIVE KEVIN MCCARTHY: No, no, no.

What I’m talking about, Social Security and Medicare, you keep that to the side. What I want to look at is, they’ve increased spending by 30 percent, $400 billion, in four years. When you look at what they have done, adding $10 trillion of debt for the next 10 years in the short time period, if you just look a month ago, they went through and they never even passed a bill through appropriations in the Senate.

While Mr. Schumer has been leader, he’s never passed a budget. He’s never passed the appropriation bill. He simply waits to the — to the end of the year and allowed two senators who are no longer here to write a $1.7 trillion omnibus bill. I think we…

MARGARET BRENNAN: You want to work with Democrats to come to agreement on a budget?

REPRESENTATIVE KEVIN MCCARTHY: Yes.

MARGARET BRENNAN: Is that what you’re saying?

REPRESENTATIVE KEVIN MCCARTHY: Yes, I — I first think our very first responsibility, we both should have to pass a budget. We both should have to pass the appropriations bill, so the country can see the direction we’re going.

But you cannot continue the spending that has brought this inflation, that has brought our economic problems. We’ve got to get our spending under control.

MARGARET BRENNAN: OK, just fact-check, though, 25 percent of the debt was incurred during the last four years of the Trump presidency. I mean, this is cumulative debt over many, many years.

REPRESENTATIVE KEVIN MCCARTHY: Yes, well, over the short — this time period.

MARGARET BRENNAN: Yes.

REPRESENTATIVE KEVIN MCCARTHY: But you’ve also found that you had a pandemic.

MARGARET BRENNAN: Right.

REPRESENTATIVE KEVIN MCCARTHY: And, as that pandemic comes down, those programs leave. I have watched the president say he cut it.

No, it is spending $500 billion more than what was projected. They have spent more. And we’ve got to stop the waste.

MARGARET BRENNAN: Is defense spending on the table?

REPRESENTATIVE KEVIN MCCARTHY: Well, look, I — I want to make sure we’re protected in our defense spending, but I want to make sure it’s effective and efficient.

I want to look at every single dollar we’re spending, no matter where it’s being spent. I want to eliminate waste wherever it is.

MARGARET BRENNAN: But when you became speaker, you did come to that agreement I have referenced of capping ’24 spending at ’22 levels.

REPRESENTATIVE KEVIN MCCARTHY: Well, look, listen…

MARGARET BRENNAN: So that would call for reductions.

REPRESENTATIVE KEVIN MCCARTHY: Well, I mean, look, you’re going to tell me, inside defense, there’s no waste? Others? I mean…

(CROSSTALK)

MARGARET BRENNAN: So defense spending is up for negotiation?

REPRESENTATIVE KEVIN MCCARTHY: They spend a lot of — I think everything, when you look at discretionary, is sitting there.

It’s like every single household. It’s like every single state. We shouldn’t just print more money. We should balance our budget. So I want to look at every single department. Where can we become more efficient, more effective, and more accountable? That should be…

MARGARET BRENNAN: So, more efficiencies in Social Security and Medicare as well?

REPRESENTATIVE KEVIN MCCARTHY: The one thing I want to say, we take Social Security…

MARGARET BRENNAN: Completely?

REPRESENTATIVE KEVIN MCCARTHY: … and Medicare off the table.

MARGARET BRENNAN: Would you support a short-term debt limit extension until September, buy more time for talks?

REPRESENTATIVE KEVIN MCCARTHY: Look, I don’t want to sit and negotiate here.

I would rather sit down with the president, and let’s have those discussions. The one thing I do know is, we cannot continue the waste that is happening. We cannot continue just to spend more money and leverage the debt of the future of America.

MARGARET BRENNAN: Right.

REPRESENTATIVE KEVIN MCCARTHY: We’ve got to get to a balanced budget.

MARGARET BRENNAN: Well, and I think many people would agree with you on the issue of fiscal responsibility, but there’s that deadline on the calendar in terms of facing potential default.

Are you saying…

REPRESENTATIVE KEVIN MCCARTHY: Well, wait. Wait a minute…

MARGARET BRENNAN: … you will guarantee the United States will not do that?

REPRESENTATIVE KEVIN MCCARTHY: Listen, we’re not going to default.

But let me be very honest with you right now. So we hit the statutory date. But let’s take a pause. We have hundreds of billions of dollars. This won’t come to fruition until sometime in June. So the responsible thing to do is sit down like two adults and start having that discussion.

MARGARET BRENNAN: Mm-hmm.

REPRESENTATIVE KEVIN MCCARTHY: Unfortunately, the White House was saying before, like, they wouldn’t even talk.

MARGARET BRENNAN: Right.

REPRESENTATIVE KEVIN MCCARTHY: I’m — I’m thankful that we’re meeting on Wednesday, but that’s exactly what we should be doing.

And we should be coming to a responsible solution. Every family does this. What is — what has happened with the debt limit is, you reached your credit card limit. Should we just continue to raise the limit? Or should we look at what we’re spending?

MARGARET BRENNAN: Well, it’s paying past commitments.

REPRESENTATIVE KEVIN MCCARTHY: If Chuck Schumer — yes, but if — no, no.

Chuck Schumer never passed a budget since he’s been leading. He’s never passed an appropriation bill. Those are the most basic things that Congress should do. And what — if you’re going to show to the American public where you want to spend your money, and if you’re going to ask the hardworking taxpayer for more of their money, you first should lay out how you’re going to spend it, and you should eliminate any waste, so you don’t have to raise more taxes.

MARGARET BRENNAN: But just to put a fine point on it, because it matters a lot to the markets in particular, you will avoid a default? You will not let that happen on your watch?

REPRESENTATIVE KEVIN MCCARTHY: Look, there will not be a default.

But what is really irresponsible is what the Democrats are doing right now, saying you should just raise the limit.

MARGARET BRENNAN: But would you…

REPRESENTATIVE KEVIN MCCARTHY: I think…

MARGARET BRENNAN: Would you get in the way — if 15 Republicans came to you and said they would be willing to raise the debt limit…

REPRESENTATIVE KEVIN MCCARTHY: The only person — but let me be very clear.

MARGARET BRENNAN: … would you allow them to do so with Democrats?

REPRESENTATIVE KEVIN MCCARTHY: The person — the only person who is getting in the way right now is the president and Schumer. They won’t even pass a budget. They won’t even negotiate. We have now until June.

I want to make sure we have something responsible, something that we can move forward on and something that we can balance our debt with. So I’m looking for sitting down. That’s exactly what I have been asking for. The only one who’s playing with the markets right now is the president to have the idea that he wouldn’t talk.

Does the president really believe and, really, all your viewers, do you believe there’s no waste in government? Do you believe there was no waste in that $1.7 trillion? That’s what we were spending just four weeks ago. So, I think the rational position here is, sit down, eliminate the waste and put us on a path to balance.

MARGARET BRENNAN: We’ll watch for that meeting on Wednesday.

I want to ask you about your vision of leadership. You made a number of deals within your party to win the speakership. Senator Mitch McConnell, your Republican colleague, said: “Hopefully McCarthy was not so weakened by all this that he can’t be an effective speaker.”

How can you effectively govern with a very narrow majority and when your conference is so divided?

REPRESENTATIVE KEVIN MCCARTHY: Well, that may be somebody else’s opinion. So let’s just see what my father always said. It’s not how you start. It’s how you finish.

So, let’s — you see what happened in the first week. So, in the very first week, we have passed what? We repealed the 87,000 IRS agents. We bipartisanly created a new Select Committee on China, where 146 Democrats joined with us.

We bipartisanly passed to stop the Strategic Petroleum Reserve being sold to China, where 113 Democrats joined with us. We have just now, for the first time on the House — it hasn’t happened in seven years, the entire time the Democrats were in the majority, where you had an open rule.

And let me explain what that is. An open rule allows every single member of the House to offer an amendment on a bill. So what I’m trying to do here is let every voice in America have their ability inside the House. We opened the House back up so the public could actually join.

MARGARET BRENNAN: So you’re arguing you haven’t been weakened? But…

REPRESENTATIVE KEVIN MCCARTHY: I — no, it’s only been strengthened.

Maybe people didn’t like what they saw that we didn’t win on the very first vote, but that was democracy. And what you found at the end of the day, we’re actually stronger.

MARGARET BRENNAN: Well, I would…

REPRESENTATIVE KEVIN MCCARTHY: You know what else?

MARGARET BRENNAN: Yes.

REPRESENTATIVE KEVIN MCCARTHY: We changed it where members of Congress now have to show up for work. I know, in the Senate, they don’t come very often.

But if you look what we’ve been able to do, we’re transforming Congress. We’re looking for solutions.

MARGARET BRENNAN: But you also allowed one — just one member now can force a vote to oust you as speaker.

REPRESENTATIVE KEVIN MCCARTHY: OK.

MARGARET BRENNAN: How can you expect to serve in the next two years in this role?

REPRESENTATIVE KEVIN MCCARTHY: Exactly how every other speaker has served with that.

MARGARET BRENNAN: Without those rules like that right now.

REPRESENTATIVE KEVIN MCCARTHY: No.

MARGARET BRENNAN: That’s a risk.

REPRESENTATIVE KEVIN MCCARTHY: OK.

MARGARET BRENNAN: I mean, do you really think you can control the Freedom Caucus and some of those more conservative members who gave you such a hard time?

REPRESENTATIVE KEVIN MCCARTHY: Everybody has a voice.

But let me — let me explain that. That one vote to vacate, that’s not new. That’s been around for 100 years. The only person who took it away when they got a small majority was Nancy Pelosi. So, Nancy felt she did not have the power to stay in office if that was there. I’m very comfortable in where we are.

MARGARET BRENNAN: OK.

REPRESENTATIVE KEVIN MCCARTHY: So I don’t have any fear in that.

MARGARET BRENNAN: You don’t regret any of the concessions you made?

REPRESENTATIVE KEVIN MCCARTHY: The only concession I made was taking it from five to one, where it’s been around for 100 years.

MARGARET BRENNAN: I want to ask you about some of the makeup of your caucus.

REPRESENTATIVE KEVIN MCCARTHY: Yes.

MARGARET BRENNAN: According to CBS records, 70 percent of the House GOP members denied the results of the 2020 election.

You’ve put many of them on very key committees, Intelligence, Homeland Security, Oversight. Why are you elevating people who are denying reality like that?

REPRESENTATIVE KEVIN MCCARTHY: Well, if you look to the Democrats, their ranking member, Raskin, had the same thing, denied Trump when Bush was in there. Bennie Thompson, who was the…

(CROSSTALK)

MARGARET BRENNAN: Did you see those numbers we just put up there?

REPRESENTATIVE KEVIN MCCARTHY: Did you see the — yes.

MARGARET BRENNAN: Seventy percent.

REPRESENTATIVE KEVIN MCCARTHY: Did you also be fair and equal and where you looked at Raskin did the same thing. Bennie Thompson, who’s a ranking member and was the chair?

These individuals were chair in the Democratic Party.

MARGARET BRENNAN: I’m asking you, as leader of Kevin McCarthy’s House…

REPRESENTATIVE KEVIN MCCARTHY: But I’m also — I’m also…

MARGARET BRENNAN: … why you made these choices. These were your choices.

REPRESENTATIVE KEVIN MCCARTHY: Yes, They’re my choices, but they’re the conference choices.

But I’m also asking you, when you look to see just Republicans, Democrats have done the same thing. So maybe it’s not denying. Maybe it’s the only opportunity they have to have a question about what went on during the election.

So, if you want to hold Republicans to that equation, why don’t you also hold Democrats? Why don’t you hold Jamie Raskin? Why don’t you hold Bennie Thompson, when Democrats had appointed them to be chair? I never once heard you ask Nancy Pelosi or any Democrat that question when they were in power in the majority, when they questioned…

MARGARET BRENNAN: You’re talking about things going back to 2000, which was a time…

REPRESENTATIVE KEVIN MCCARTHY: Well, you’re talking about…

MARGARET BRENNAN: … when I didn’t have this show back then…

REPRESENTATIVE KEVIN MCCARTHY: Yes.

MARGARET BRENNAN: … which is why I’m asking you now about your leadership.

REPRESENTATIVE KEVIN MCCARTHY: No, on, but they were — they were in power last Congress. So, why — why…

MARGARET BRENNAN: But you’re talking about questions from 2000 election.

REPRESENTATIVE KEVIN MCCARTHY: But you’re asking me about that happened to another Congress.

MARGARET BRENNAN: About these choices you just made, you just made.

REPRESENTATIVE KEVIN MCCARTHY: You’re asking about questions for another Congress.

So, the only thing I’m simply…

MARGARET BRENNAN: This is your Congress.

REPRESENTATIVE KEVIN MCCARTHY: These — these are members who just got elected by their constituents, and we put them into committees, and I’m proud to do it.

MARGARET BRENNAN: Let me ask you about some specifics then. Marjorie Taylor Greene, you put her on a new subcommittee to investigate the origins of COVID.

REPRESENTATIVE KEVIN MCCARTHY: Yes.

MARGARET BRENNAN: She compared mask requirements to the type of abuse Jews were subjected to during the Holocaust. She called for Fauci to be arrested and imprisoned, and she spread conspiracy theories.

How is anyone supposed to take that work seriously and find that work credible?

REPRESENTATIVE KEVIN MCCARTHY: Very well. You look at all of it, so you have all the questions out there. I think what the American public…

MARGARET BRENNAN: You think these are legitimate questions?

REPRESENTATIVE KEVIN MCCARTHY: I think what the American public wants to see is an open dialogue in the process. This is a select committee where people can have all the questions they want, and you’ll see the outcome.

MARGARET BRENNAN: You know that there is a lot of doubt about institutions and faith in institutions in this country.

REPRESENTATIVE KEVIN MCCARTHY: Oh, yes, when you saw what happened in Congress where they had proxy voting, where bills didn’t go through committees, and you…

(CROSSTALK)

MARGARET BRENNAN: I don’t think most people know what proxy voting is.

REPRESENTATIVE KEVIN MCCARTHY: Well, let — well let — Well, let’s explain what proxy…

MARGARET BRENNAN: But — but approval…

(CROSSTALK)

REPRESENTATIVE KEVIN MCCARTHY: But I think it would be fair to your viewers…

MARGARET BRENNAN: Approval level, according to Gallup, of Congress is at 22 percent. Approval level of journalists is also not very high, I will give you that.

But doesn’t it further wear down credibility when you put someone who is under state, local, federal, and international investigation as a representative of your party on committees?

REPRESENTATIVE KEVIN MCCARTHY: Are you talking about Swalwell?

MARGARET BRENNAN: I’m talking about George Santos…

REPRESENTATIVE KEVIN MCCARTHY: No, I…

MARGARET BRENNAN: … representative from New York.

REPRESENTATIVE KEVIN MCCARTHY: Well, we should have that discussion. So let’s have that discussion.

You want to bring up Santos, and let’s talk about the institution itself, because I agree wholeheartedly that Congress is broken. And I think your — I think your listeners or viewers should understand what proxy voting was, because it never took place in Congress before.

MARGARET BRENNAN: But I’m asking you about George Santos.

REPRESENTATIVE KEVIN MCCARTHY: I know you asked me a question. Let me ask you.

MARGARET BRENNAN: Because you could put it to a vote to try to oust him.

REPRESENTATIVE KEVIN MCCARTHY: You asked me a question. I would appreciate if you let me answer.

So let’s go through this, because it’s not one simple answer. Congress is broken, based upon what has transpired in the last Congress. The American public wasn’t able to come in to see us. People voted by proxy, meaning you didn’t have to show up for work, Bills didn’t go — have to go through committee.

So what I’m trying to do is open the people’s house back for the people so their voice is there, so people are held accountable.

So, now, as I just had in the last week, for the first time in seven years…

MARGARET BRENNAN: Yes.

REPRESENTATIVE KEVIN MCCARTHY: … every member got to vote.

MARGARET BRENNAN: If you got a third of your caucus to vote to oust him, you could do so.

(CROSSTALK)

MARGARET BRENNAN: Do you — you don’t think you could get your Republicans to do that?

REPRESENTATIVE KEVIN MCCARTHY: I wasn’t finished answering the question.

So, if every single new person brought into Congress was elected by their constituents, what their constituents have done is lend their voice to the American public. So those members can all serve on committee.

Now, what I’m trying to do is change some of these committees as well, like the Intel Committee is different than any other committee.

MARGARET BRENNAN: So, you’re just not going to answer the question I asked?

REPRESENTATIVE KEVIN MCCARTHY: Well, no, I — no, you don’t get a question whether I answer it. You asked a question. I’m trying to get you through that.

MARGARET BRENNAN: I don’t think you’ve said the name George Santos, like, once.

(LAUGHTER)

MARGARET BRENNAN: I have asked you a few times.

REPRESENTATIVE KEVIN MCCARTHY: But you know what? I just — but — but…

MARGARET BRENNAN: You’re talking about proxy voting and other things.

REPRESENTATIVE KEVIN MCCARTHY: No, no, no, but — no, you started the question with Congress was broken, and I agreed with you.

MARGARET BRENNAN: No. Congress…

REPRESENTATIVE KEVIN MCCARTHY: But I was answering the question of how Congress is broken and how we’re changing it.

So, if I can finish the question that you asked me, how Congress is broken, I equated every single member…

MARGARET BRENNAN: Yes.

REPRESENTATIVE KEVIN MCCARTHY: … that just got elected by their — by their constituents. They have a right to serve.

MARGARET BRENNAN: OK.

REPRESENTATIVE KEVIN MCCARTHY: So that means that Santos can serve on a committee…

MARGARET BRENNAN: OK.

REPRESENTATIVE KEVIN MCCARTHY: … the same way Swalwell, who had a relationship with a Chinese spy.

MARGARET BRENNAN: Speaker…

REPRESENTATIVE KEVIN MCCARTHY: But they will not serve on Intel, because I think…

(CROSSTALK)

MARGARET BRENNAN: They’re wrapping me in the control room, because we have a break.

REPRESENTATIVE KEVIN MCCARTHY: Well that’s unfortunate. I wish I could answer the question.

MARGARET BRENNAN: I have to leave it there. I would love to have you back.

REPRESENTATIVE KEVIN MCCARTHY: I would love to be able to come back and have time to answer the questions.

MARGARET BRENNAN: OK. We’ve spent a lot of time here, and I have more questions for you.

But I got to go.

Revealed: Mass Media Complicity in “Russian Disinformation” Fraud, w/ Matt Taibbi | SYSTEM UPDATE #30


Glenn Greenwald Posted originally on Rumble on: Jan 27, 7:00 pm EST

More information on the Russian Trump collusion hoax scam