CEOs Aren't Ready for The Swamp - June 11th, Hour 1
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Paid for by Public Investing, Inc., member FINRA, and SIPC. Full disclosures at public.com slash disclosures. All right, thank you, Scott Shannon, and thanks to all of you for being with us. Write down our toll-free telephone number if you want to be a part of the program. It's 800-941-SHAWN. If you want to join us for the news and information and a little bit of entertainment, hopefully, that you will never get from the state-run legacy media mob,

Before we get to some of our top stories, there is other news today. I want to start with inflation. Oh, let's see. In May, coming in lower than expected. Let's see. As a matter of fact, we now have consumer prices, the annual inflation rate, literally now, according to data released by the Bureau of Labor Statistics, it turns out, oh, wow, no, this can't possibly be true.

uh that it is what a four-year low no way i can't be reading that right anyway reduced to a four-year low of 2.3 percent notched in april you know what that means jerome powell lower interest rates

And by the way, his term is coming up. Thank goodness he can't get out of there soon enough. He is holding back economic growth in this country single handedly. And he's not helping. You know, you lower interest rates now that inflation is clearly under control and at their target rate. You're holding up. You're keeping interest rates artificially high. That just stymies inflation.

the ability of people to go out and invest and build manufacturing centers, and we have $10 trillion in which to spend it.

By the way, one more than one million foreign workers have left the U.S. workforce since March, according to the president's effort. Now, the St. Louis Fed now reports more than a million foreign born workers have left the workforce. You know what that means? More opportunity for Americans. Other economic news. President Trump on Truth Social. Our deal with China is done, subject to final approval of President Xi and me. Full magnets.

and any necessary rare earths will be supplied up front by China. Likewise, we will provide to China what was agreed to, including, by the way, the main thing is access to our markets, including Chinese students using our colleges and universities, which has always been good with me, and getting a total of 55% tariffs, China getting 10. Excellent relationship. Thank you for your attention to this matter.

The World Bank, of all places, not exactly friendly Trump territory, agreeing with Trump and his trade complaints, urging countries to lower their tariffs on the U.S. Yeah, that would be in everybody's best interest. That's to stop ripping us off, abusing us and taking advantage of us. Anyway, Treasury Secretary Besant.

testifying on Capitol Hill hours after returning from a trip from London in talks with China and saying, yeah, the U.S. and Beijing agreeing to implement last month's Geneva consensus, which had both countries lowering tariffs as long as President Trump and President Xi sign off on the deal. I've always said they're going to need access to our markets. We see what's happening to their economy just like we see what's happening in Russia's economy.

And hopefully they have final approval on that, which is a good first step. And I think that will lead to probably a final resolution in the end. On the world stage, we are watching some very, very scary situations unfold. For example, President Trump.

Now losing any hope that Iran will agree to end uranium enrichment. There's no need for them to enrich any uranium. If they want a nuclear power, they can do what the UAE does and other countries do. And they can get those nuclear rods that can't be further enriched to weapons grade enrichment for any nuclear power. But they don't need it because they're an oil rich country.

uh, unlike, you know, the lunatic left in this country, they don't have all the regulations and restrictions so they could actually use it. And that is the lifeblood of, of any country in the world's economy. Uh,

And the president literally telling Miranda Devine that, you know, he doesn't know at this point if he thought he could get Iran to agree to shut down the nuclear program. I don't know. I did think so. I'm getting more and more less. I'm getting less confident about it. They seem to be delaying. And I think that's a shame.

And we know what he was saying. And I was there in the room multiple times on that trip to the Gulf states. And that's Riyadh, Saudi Arabia and Qatar and the UAE and Abu Dhabi. And, you know, as a result of this, President Trump said they can't enrich uranium. He said it again. He said it one more time. They're not going to be able to enrich uranium.

And Iran's response publicly, although I can tell you there is a public posture and a private posture, but, you know, those are sources of mine that I will not reveal. They act very differently. They act tough in public and then they are, you know, far more accommodating behind the scenes, but they're not willing to do the deal, which makes me think they're buying time and they're trying to fortify their nuclear facilities, number one, and probably build out other weaponry so that they can further,

their ambition of destroying Israel and wiping it off the earth. But one thing that can happen is they can't get nuclear weapons on Donald Trump's watch, even though it would be Joe Biden's fault because Joe Biden is funding their war machine by turning a blind eye to the sanctions that allowed them to take in tens and tens and hundreds of billions of dollars because he didn't enforce that, which was bankrupting them

under Donald Trump. That's good news. Now, on another front, Elon Musk putting up an ex post. I regret some of my posts about President outreeled Donald Trump last week. They went too far. President Trump responding in a pretty positive way, not ruling out reconciliation with Elon Musk. Elon Musk did a lot of good. You know, the one thing you've got to remember, and I really like unique and interesting people, even though, you know, if you're as smart as Elon Musk,

I don't like to use the term because it sounds like a pejorative and it is not. You're just out of this whole other level of thinking. You think in ways that normal people don't think. So we use a term like, oh, somebody's on the spectrum, meaning they are so far more, they're that much more intelligent than the rest of us that their brain goes to places. He's thinking about going to Mars. Let's put it that way. The average person doesn't think about going to Mars. The average person doesn't think about...

you know, launching satellites into space, doesn't think about landing, you know, and docking and rescuing astronauts. And the rocket that was fired to lift it into orbit lands perfectly in the spot that you wanted it to land in so that you can reuse the rocket again. Most people don't think that way. Now, with certain gifts come certain, you know, a blessing comes sometimes a little bit of a curse. And that means that somebody, you

Somebody that's used to being a CEO is not used to working in the Washington swamp. They're used to saying, do this, this, this, and this, or get the hell out of here. And that's the way CEOs often work. And that's what makes them so successful. But then you put them in an environment like the swamp, it's very different. So, you know, the fact that Elon Musk

had a, you know, a falling out briefly with President Trump. What did I predict on this program? Linda, did I not say, mark my words, they'll get back together. I've seen the two of them together too often and they will be friendly. Now, Elon is now got to focus his attention on his businesses, which he had planned to do from the beginning anyway.

Listen, relationships are difficult. They're very difficult. Oh, I know. I can't. The relationship with you can be difficult. Exactly. 20 years strong here, brother, you know? But they're under a lot of pressure. A lot of pressure. A ton of pressure. Part of me thinks they did it for fun and we're sitting next to each other going, what are you going to say next? By the way, together, when they were together, they're so funny together. Yeah, the two alpha males. No, it's unbelievable.

You know, Matt Towery nailed this in his poll. Fifty nine percent of Americans support Donald Trump calling up the guard for California. It was either he acts proactively or reactively. Reactively means you go back to the summer of 2020. Five hundred and seventy four riots, dozens of dead Americans, thousands of injured cops and billions in property damage. And.

And, you know, I go back to the main point, which is because of sanctuary city and state policies, law enforcement, they're not even allowed to inquire about an individual that they encounter in their immigration status. They are as a matter of California law. This is all law enforcement.

They are not allowed to detain an illegal on a hold request from ICE. As a matter of fact, thousands have been released, tens of over 10,000, over 13,000. They are not allowed to participate in Border Patrol activity. So they're out there, meaning federal agents, because they have jurisdiction because of a constitutional right.

a jurisdictional clause called the supremacy clause. And they're now out there and local law enforcement has handcuffs on them, can't assist them. And Donald Trump, first and foremost, has to protect them.

And nobody else seems to be bringing up that point. That's a big, big point. By the way, New York Post, House Republican panel demanding records from more than 200 nongovernmental organizations that nab billions of dollars in taxpayer money to settle illegal immigrants in the U.S. under Joe Biden, who said the borders are closed, the borders secure. One of the targeted groups among those embroiled in these anti-ice protests in Los Angeles. Remember,

Federal agents came under attack. The local law enforcement, as a matter of California sanctuary state, L.A. sanctuary city law, are not allowed to participate and help ICE or even detain an illegal based on an ICE hold. So they're arresting murderers, rapists, gang members and other other violent criminals. And they don't have the support. The president has an obligation to protect them.

and protect law-abiding citizens in Los Angeles and law enforcement that are out there. By the way, one Biden illegal has now been charged with attempted murder for throwing a Molotov cocktail at ICE agents. The one good thing about the administration is they're getting on this and they're not going to let this thing spiral out of control. Now, we learned in the summer of 2020, the summer of love, what happens when you don't act quickly.

And this is now a big deal. Now, one of the biggest problems we have

And I'll read from the New York Post. Left wing nonprofit groups are helping to fuel these anti ice riots, handing out F ice packs with protective equipment as protesters continue to take over downtown every night and engage in enrolling battles with cops and federal agents and National Guard troops. And a lot of the footage revealed is showing these unidentified groups handing out truckloads

of face shields, other riot gear to protesters. And they get these packages that include that and goggles and face masks and gloves and a phone number for jail support are being assembled and distributed by this one nonprofit. According to the New York Post, Operation Healthy Hearts, it's one of several organizations

They report that started as grassroots community aid agencies and have waded into politics behind left wing protesters. At least one group received federal funding before the Trump administration, you know, turned off the spigot there. And the federal government now cut off the funding for other reasons. And so we have, you know, nothing left to lose, according to L.A. Poverty Department CEO Pamela Miller telling the New York Post.

And the group and an arts nonprofit that operates the Skid Row History Museum and Archive allowed another group to use their building to distribute these PPE packages to those people that are going out there and protesting. So it's all being organized. I mean, so you have left wing nonprofit mobs handing out F ice riot kits to L.A. mobs.

You know, only two Democrats that I have picked up so far have spoken out against this. Joe Manchin calling his fellow Democrats open borders policies disgusting, urging them to admit that they made an awful mistake. He said it's a shame. He said it's disgusting. He said the bottom line is Americans want a secure border. Democrats just ought to say we made a mistake. Well, it's bigger than a mistake. It's the biggest preventable national security disaster in our lifetime.

And thankfully, the New York Post did remind Democrats about Joe Biden's outrageous authoritarian abuses. You know, maybe Gavin Newsom should pay attention to this. By the way, I thought he was going to cry last night and he looked exhausted. All the work he's had to do doing all these extra podcasts, getting in Twitter fights or X fights with me and with Mark Wayne Mullen doing, you know, MSDNC and all these important left wing legacy media mob interviews.

Anyway, as the New York Post explained today, when it comes to authoritarian abuses of powers, it was Biden illegally ordered the private sector to make all of its workers get vaccines during COVID when he openly defied the Supreme Court.

to extend the federal eviction moratorium. And by the way, the student loan program, you can add to that. When Team Biden was caught using strong-arm tactics to censor speech they didn't like and civil libertarians were, you know, quiet as church mice.

So no fascism in prosecutors using the courts to try and bankrupt and jail Trump. When Democrats sought to remove his name from the ballot, radio silence when the Biden Justice Department said FBI agents to raid Mar-a-Lago. They didn't raid Biden's house or Hillary's house or the bureau targeting traditional Catholics.

or moms like Linda, you know, speaking out at, you know, school board meetings. Pure Talk, my wireless company, a veteran-owned company, believes every man, every woman who has faithfully served this country deserves to proudly fly an American flag that was made in America. And that's why Pure Talk is on a mission to give an allegiance flag, the highest quality American flag made in Charleston, South Carolina, to 1,000 veterans in time for these patriotic holidays.

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Jimmy Fallon, we'll get into this later in the show. I have a lot of news to get to, but he calls me today and every day or night or both and he's working out new material for the show. This show is the opposite of every other comedian. It's not politically correct. It is not left wing.

Reverend no holds barred and everybody's a target. And and trust me, you're going to enjoy the show. But today he I think he did it on purpose. He hits me with a routine. I'm not going to lie. It is funny as hell.

brought tears to my eyes. I'm like, Jimmy, you can't you can't say that on stage. You just can't. If I could describe it to you, I promise all of you, you would you probably would wet your pants laughing. It's that funny. And I'm like, but you can't do that. I said, I'm that's the next, you know, the next week, months of my life. I'm going to have to be dealing with the aftermath and the fallout from your comments. I'm not doing it.

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First, ABC News. All right. Does anyone think after the debate with David Muir that they are fair and balanced and objective journalists? No, nobody believes that because they're not. Does anybody think Georgie Stephanopoulos is a journalist? No, he's not.

Now they're members of the press, just like I'm a member of the press. Uh, and they're just not honest about who they are and what they do. They claim to be journalists. They're not journalists. They're talk show hosts, radical left talk show hosts. Now, if you remember, Terry Moran is the guy that got the interview with president Trump for ABC because he said no to David Muir and no to Georgie and said, well, I don't even know who you are, but you're pretty rude. And, uh,

Obviously, he had an agenda in the interview. Trump picked up on it very quickly. And lo and behold, it all came out. And he landed the interview with the president in April. And then he comes out and he blasting Stephen Miller, the White House deputy chief of staff for policy, as a man richly endowed with the capacity for hatred.

Quote, Miller is a man richly endowed with the capacity for hatred. He's a world class hater. You can see this just by looking at him. As you can see, his hatred, his hatreds are his spiritual nourishment. He eats his hate. Trump is a world class hater, but his hatred only is a means to an end. And that end is his own glorification. That's his spiritual nourishment.

Well, now ABC News first announced they were suspending him. Well, now Terry Moran has, in fact, been fired. Anyway, he was again, Disney ABC owned network.

And, well, we are at the end of our agreement with Terry Moran. And based on his recent post, which was a clear violation of ABC News policies, we have made the decision not to renew, according to an ABC spokesperson.

The decision to boot Moran comes after the Post on Monday reported that ABC News staffers were pissed off at him at the damage his outburst did to the network's already battered reputation. Well, I mean, he's no different than the women of The View. I mean, maybe they should allow one man on there and hire him for that. Anyway, his moronic tirade just got him fired.

By the way, Humpty Dumpty, fake news CNN. Don't believe the riot videos on social media. They might be hours old. Don't believe them because they might be hours old. I mean, does he need a cognitive test? That's a pretty dumb statement even coming from him.

networks doubling down on their support of illegals you know what none of these people do and this this shows their how abusively biased they all are and what an agenda they have and how they're corrupt left-wingers none of them did what we did last night now i tried to take gavin newsom text me during the show last night linda did you catch that last night

He texts me with four minutes before he's scheduled to go and do. I figured it was just a normal press conference. No, it was online on like X. And he asked me.

If I'm going to carry his press conference, I'm live on the air. I have my phone in front of me at all times and I can be on the air and I can text people. I'm getting information from producers and there's just certain things you have to do behind the scenes, certain things I'm calling for that I want on the screen. And so I wrote him back. Sure, we'll cover it, you know. And anyway, so we go to the feed and there's no audio. And then that feed turns to blue because they screwed it up technically.

And then it comes back up. And for a second or two or for a few seconds, we have audio and video. And then the audio cuts out again. And I'm asking my team, is this on our end or their end? It was on their end, not our end. And then we bring it back a third time. And this time we decided to go with the Reuters feed, I believe. And then all of a sudden we're hearing it in echo. And I give up.

But for the time that I put them up there, Linda, did you notice what I did? I did. Something the rest of the state-run legacy media mob will never do. I put up and scrolled the names of victims of violent crime, murder, and rape incidents.

but committed by illegal immigrants that are now protected under sanctuary status in the sanctuary state of California. And in this specific case, the sanctuary city of Los Angeles. And that is the one thing Gavin won't address. He wants to call Trump every name in the book and Trump fan the flames. And it's Trump's fault. Is it Donald Trump's fault? Really?

And these are the same people, the same guy that voted for Kamala Harris, praise Kamala Harris, you know, 574 riots, dozens of dead Americans, billions in property damage, cops hit with bricks, rocks, bottles, Molotov cocktails. Never once criticized her. And she goes on Colbert and says they're not going to stop writing, shouldn't stop writing. They're not going to stop. And everyone believes.

beware because they're not going to stop it is going to they're not going to stop before election day in november and they're not going to stop after election day and that should be everyone should take note of that on both levels that this isn't they're not going to let up and they should not not going to let up and they should not

By the way, if they're going to fire Terry Moran, what do you make of the comment of that hard-hitting news show member Sonny Houston insisting that it's not illegal to be undocumented during a discussion on immigration on The View? I mean, do you know how dumb that sounds? She's an attorney. That's why it sounds so dumb. She is an attorney. Yes. Oh, come on. I don't believe that. You're just, that's fake news. Let me get you her exact title. Hang on a minute.

All right, give me the exact title while you're looking. These people are talk show hosts. Now, they're allowed to be members of the press.

I keep telling everybody what my job is. I've been saying it for years. I am a member of the press. We do straight news. I can produce thousands of hours of straight news coverage. This is going to blow your mind, so just get ready. Honey Houston, The View. Go ahead. Okay. Houston began her career as a law clerk to retired chief judge of the Maryland Court of Appeals, Robert M. Bell. Law clerk. Wait.

and later became a trial attorney in the United States Department of Justice Antitrust Division. Then she left that to become a federal prosecutor specializing in child sex crimes. She doesn't know the law.

Don't know the law. None of the law. She chooses not to because this doesn't fit her, you know, her agenda or whatever. I mean, the difference between Terry Moran and Sonny Houston and Joyless Behar and Whoopi and whoever else is on that show at this time, I don't even know. I can't. I only run the clips that you guys have to watch the show for me because I'm not watching that show.

I don't need to get my blood pressure up that high for no reason at all. And nobody really watches the show, but it is good entertainment to show Trump derangement syndrome and psychosis. An illegal alien has been charged with attempted murder for throwing Molotov cocktails at officers during these L.A. riots. The previously deported Mexican national charged with attempted murder. Now, we showed all the people last night on Hannity.

the people that they've been arresting. Now, one other thing to note here, ICE is saying they're not going to stop. Gavin is not stopping them. And I don't really care what Gavin does or doesn't do. And I'm not getting into the whole thing that he wants to be a martyr and that he thinks this is his moment. Matt Towery nailed this. The country is watching this like they watched the Pacific Palisades where hydrants didn't have water in them and reservoirs were empty.

And they're seeing nothing but utter complete incompetence and blame shifting. In the case of the Pacific Palisades, oh, you're going to have to ask local authorities about why there's no water. In this particular case, let me blame Donald Trump calling for rebellion against Trump. You know, the moment we have feared is upon us. I thought he was going to cry at one point watching that video, watching it back later. I'm like, this is ridiculous.

I did try to run it, tried to be fair, but I was going to run it. And I even said to him pretty good. I mean, you know, him quiet is nice. It was nice. But it was very now we have lefty nonprofits fueled fueling these L.A. riots with F ice packages. Let's see. Goggles, face mask, gloves. I mean, this is getting out of control. And I urge people that's happening in your neighborhood. Be careful.

I mean, what we have is, you know, it all started with an operation in Los Angeles to get the worst of the worst murderers, molesters, rapists.

Gang members, they've been arresting them all. And I showed you all of them, every one of them. I mentioned them all on the radio. They would be on the street if Karen Bass and Gavin Newsom had their way. Gavin Newsom has been protecting these criminals, not lifting a finger to protect the law-abiding citizens in his state or law enforcement in his state. And now he's trying to push the blame on Donald Trump.

And he's the one that is voting. Went with the big lie. Did Gavin ever say that the border isn't secure? The border is not closed. No, he's not. And I honestly can't emphasize this enough. Let me take you back to Bill Clinton. This is Bill Clinton in 1995. All Americans, not only in the states most heavily affected, but in every place in this country are rightly disturbed by the large numbers of illegal aliens entering our country.

The jobs they hold might otherwise be held by citizens or legal immigrants. The public service they use impose burdens on our taxpayers. That's why our administration has moved aggressively to secure our borders more by hiring a record number of new border guards, by deporting twice as many criminal aliens as ever before, by cracking down on illegal hiring.

by barring welfare benefits to illegal aliens. In the budget I will present to you, we will try to do more to speed the deportation of illegal aliens who are arrested for crimes, to better identify illegal aliens in the workplace, as recommended by the commission headed by former Congresswoman Barbara Jordan.

We are a nation of immigrants, but we are also a nation of laws. It is wrong and ultimately self-defeating for a nation of immigrants to permit the kind of abuse of our immigration laws we have seen in recent years, and we must do more to stop it.

Now, this is why the Democratic Party is now the party of extremist, radical, woke elite. And Republicans are now the party of the lowest, the largest tax cuts in history. No tax on tips, no tax on overtime, securing the borders, safety and security, law and order.

better schools, energy dominance. And we're not going to force you to put a car you don't want in your driveway, take away your plastic straws, your air conditioner, your gas stove, your refrigerator. And there is a transformation before our eyes. Fifty fifty nine thirty nine Americans support Donald Trump's decision. Gavin is just playing to his base. That's it. And that's all he'll get.

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