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Economy

China’s Hypersonic Missiles, Is Germany Abandoning Taiwan? Dems Keep FTX Money

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Listen to “China’s Hypersonic Missiles, Is Germany Abandoning Taiwan? Dems Keep FTX Money” on Spreaker.

Join Jim and Greg as they mix two ominous martinis on China along with some broken political promises here at home. First, they shudder as the recently leaked national security documents confirm that China has developed hypersonic missiles that our carriers and missile defense systems are not able to stop. They also groan as China seems very confident that Germany will not defend Taiwan when Beijing moves towards “reunification” and they break down how U.S. foreign policy towards China over the past 50 years has largely failed. Finally, several months after promising to return or donate campaign donations from disgraced crypto figure Sam Bankman-Fried, two Democrats in the Senate are still hanging on to a lot of the money.
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Criminal or Hero? The New IRS Intrusion, Pence’s ‘Implicit’ Trump Criticism

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Listen to “Criminal or Hero? The New IRS Intrusion, Pence’s ‘Implicit’ Trump Criticism” on Spreaker.

Join Jim and Greg as they serve up two bad martinis and a crazy one. First, they react to how some on the right are characterizing the National Guardsman accused of leaking top secret documents as a hero. They also vent about the IRS imposing a far lower standard for requiring a 1099 form when you are paid for work over apps like Venmo, Zelle, or PayPal. And they scratch their heads as former Vice President Mike Pence is expected to draw “implicit” contrasts with Donald Trump over the Second Amendment at this week’s NRA annual leadership meeting. Pence’s road to the nomination is virtually impossible to see as it is. Will allusions to policy differences really change anything?
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Dems Choose Chicago, Ukraine’s Gloomy Forecast, Worsening Drug Shortages

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Listen to “Dems Choose Chicago, Ukraine’s Gloomy Forecast, Worsening Drug Shortages” on Spreaker.

Join Jim and Greg as they serve up two crazy martinis along with a bad one today. They begin by scratching their heads over why the Democrats would choose to hold their 2024 national convention in the crime-ridden city of Chicago. They also dig into the bleak forecast the recently leaked intelligence documents are painting for Ukraine in the coming months. Finally, they discuss the worsening shortage of medications – from antibiotics to chemotherapy drugs – and why the supply chain still hasn’t markedly improved for these critical products.
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Major Intel Breach, Lefties Ignoring Courts, War on Natural Gas

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Listen to “Major Intel Breach, Lefties Ignoring Courts, War on Natural Gas” on Spreaker.

Jim Geraghty is back just in time to serve up three lousy martinis to start the week! First, Jim and Greg dig into what may be the worst breach of of top secret information since the Edward Snowden episode ten years ago and discuss what the damage might be to our national security. They also roll their eyes as the left, which constantly preens about norms and institutions, has several prominent figures urging the Biden administration to ignore a federal court ruling rejecting the FDA’s approval of the abortion pill mifepristone. Finally, they break down how the government’s unofficial war on natural gas has utilities looking to unload or repurpose pipelines and potentially setting up customers to have fewer and/or much more expensive energy options.
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DeSantis Calls Out GOP Leaders, Kirby’s Afghanistan Lies, Tennessee Dems Expelled

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Listen to “DeSantis Calls Out GOP Leaders, Kirby’s Afghanistan Lies, Tennessee Dems vs. the Truth” on Spreaker.

Ricochet Editor-in-Chief Jon Gabriel is in for Jim on this Good Friday edition of the podcast. Join Jon and Greg as they cheer Ron DeSantis for calling out GOP leaders over many years for making conservative promises to voters and then failing to follow through on them. They also unload on White House spokesman John Kirby for trying to blame President Trump for the Afghanistan withdrawal debacle and for claiming he didn’t see any chaos during the withdrawal operation. Finally, they react to the expulsion of two Democrats in the Tennessee legislature for leading an extended disruption on the floor of the chamber earlier this week and they address the dubious explanations from Democrats about what really happened.
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GOP vs. Biden on Energy, Trump Indicted, CBS Silences Reporters

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Listen to “Biden vs. Reality on Energy, Trump Indicted, CBS Silences Reporters” on Spreaker.

Ricochet.com Editor-in-Chief Jon Gabriel is in for Jim. Today, Jon and Greg discuss the House Republicans passing legislation to encourage more domestic energy production. Plus, they note Majority Leader Steve Scalise calling out Biden for throwing up hurdles to domestic exploration while asking for help from nations that hate us. They also react to a Manhattan grand jury indicting President Trump over details concerning his payments to Stormy Daniels back in 2016. With even the Washington Post editorial board suggesting this is a bad idea, what will be the legal and political fallout now and down the road? Finally, they react to reports saying that CBS News is now telling its reporters not to mention that the Nashville killer was transgender.

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Marshals Told Not to Arrest, Should We See the Manifesto? America’s Spending Paradox

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Listen to “Marshals Told Not to Arrest, Should We See the Manifesto? America’s Spending Paradox” on Spreaker.

Join Jim and Greg as they applaud Alabama Sen. Katie Britt and her staff for discovering that U.S. Marshals were told not to arrest demonstrators outside the home of Supreme Court justices over last year’s leaked abortion ruling, even though they were clearly violating federal law. They also dive into the debate over whether the Nashville killer’s manifesto ought to be made public after the police say it will not be released while the investigation is active. What are the considerations for and against making it available? Finally, they sigh at another depressing poll, as Americans overwhelmingly think the federal government spends too much money but also strongly believe it spends too little on several key drivers of spending.
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Biden’s Sinking Polls, Dems Defending TikTok, Sinema’s Curious Strategy

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Listen to “Biden’s Sinking Polls, Dems Defending TikTok, Sinema’s Curious Strategy” on Spreaker.

Join Jim and Greg as they welcome a new Associated Press poll showing Americans can clearly see President Biden’s weak performance on the economy and his overall job performance. They also groan as the CEO of TikTok tries to dodge questions about whether the app is spying on users and TikTok’s connection to the Chinese Communist Party. Plus, they hammer the Democrats for glibly opposing the effort to crack down on TikTok after agreeing to ban it on government devices last year. Finally, they break down Arizona Sen. Kyrsten Sinema’s strategy of cozying up to the right in advance of a likely 2024 re-election bid.

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Stronger Alliances, Moody’s Downgrades U.S. Banks, Trump’s Puzzling Attack

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Listen to “Stronger Alliances, Moody’s Downgrades U.S. Banks, Trump’s Puzzling Attack” on Spreaker.

Join Jim and Greg as they welcome stronger ties among the U.S., UK, and Australia, as the U.S. promises to deliver nuclear-powered submarines to the Aussies made with Rolls Royce engines from Great Britain. How much of a check might it be on Chinese ambitions in the region. They also recoil as Moody’s downgrades confidence in our banking system from “stable” to “negative” while the Democrats try to blame the SVB collapse on GOP policies with a very weak argument. Finally, they shake their heads as President Trump asserts that Florida was already great before Gov. Ron DeSantis took office. But it’s his praise of Republican-turned-Democrat Charlie Crist that is raising the most eyebrows. We’ll examine the progress made by multiple Republican governors there and why DeSantis deserves plenty of credit for his time in office.

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The SVB Collapse, Guess Who’s Gonna Pay for It, China’s Middle East Meddling

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Listen to “The SVB Collapse, Guess Who’s Gonna Pay for It, China’s Middle East Meddling” on Spreaker.

Join Jim and Greg as they break down the collapse of Silicon Valley Bank, and how the financial institution bankrolling many of the nation’s top venture capital-backed firms went into crisis. They also throw a flag on President Biden’s contention that U.S. taxpayers will not be on the hook for bailing out the bank’s depositors. Finally, they shudder at the news of China brokering a restoration of relations between Saudi Arabia and Iran. Why is the restoring of relations a bad thing? In this case, there’s lots of reasons.

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