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Debt & Deficits

Dem AG vs. Dem Governor, House Impeachment Inquiry, Wall Street & China

September 13, 2023 by GregC

Listen to “Dem AG vs. Dem Governor, House Impeachment Inquiry, Wall Street & China” on Spreaker.

Join Jim and Greg as they welcome the news that New Mexico Attorney General Raul Torrez, a Democrat, is refusing to defend Gov. Michelle Lujan-Grisham’s unconstitutional “health emergency” that forbids carrying guns in public for 30 days. They also react to House Speaker Kevin McCarthy calling for the launch of a formal impeachment inquiry against President Biden. They explain how the effort is warranted given the growing evidence but Jim argues that the current investigations would likely be more impactful than a formal inquiry. And they dive into what this decision and timing say about McCarthy and his grip on power. Finally, they applaud the House Select Committee on the CCP for taking Wall Street entities to task for investing in Chinese firms that present a direct threat to U.S. national security and human rights. The committee is working in strong bipartisan fashion, but will anything concrete and enforceable come out of all this work?

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Filed Under: Banks, Business, China, Communism, congress, Constitution, Debt & Deficits, Elections, Guns, History, Humor, Journalism, law, News & Politics, Spending Tagged With: #WallStreet, 3MartiniLunch, Biden, China, congress, Constitution, guns, impeachment, Lujan-Grisham, McCarthy, Torrez

Geraghty Returns, Personal Debt Delinquency Soars, McConnell Freezes Again

August 31, 2023 by GregC

Listen to “Geraghty Returns, Personal Debt Delinquency Soars, McConnell Freezes Again” on Spreaker.

Jim Geraghty is back! Today, Jim and Greg spend the good martini giving a short overview of Jim’s trip to Ukraine and what he learned there. Don’t miss Monday’s 3 Martini Lunch, when they devote their Labor Day episode to the good, bad, and crazy things that Jim observed in Ukraine. They also recoil as the percentages of Americans delinquent on credit card debt, auto loan debt, and and personal loan debt are at their highest levels in more than a decade. Finally, they react to another moment where Senate Republican Leader Mitch McConnell seems to freeze during a press conference, and Jim says McConnell’s team owes the American people a full, honest explanation of the senator’s health.

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Filed Under: congress, Debt & Deficits, Economy, Elections, Foreign Policy, History, Humor, Inflation, Journalism, News & Politics, Russia, Spending, Ukraine Tagged With: 3MartiniLunch, Biden, debt, delinquency, Geraghty, inflation, McConnell, Progozhin, Senate, Ukraine

The Truth of Bidenomics, DOJ’s Pro-Biden Corruption, Trump’s Clever Strategy

August 22, 2023 by GregC

Listen to “The Truth of Bidenomics, DOJ’s Pro-Biden Corruption, Trump’s Clever Strategy” on Spreaker.

Former Chief Assistant U.S. Attorney and National Review Contributing Editor Andy McCarthy is in for Jim. After Andy and Greg explain where Jim is this week, they highlight the cold hard facts of the impact “Bidenomics” is having on American families – everything is much more expensive and the president wants you to grateful for it. Andy also breaks down the latest revelations in pathetic prosecution of Hunter Biden after emails from Biden defense lawyers show Biden was going to avoid prosecution altogether until the IRS whistleblowers went public. Oh, and they want the whistleblowers prosecuted. Finally, they marvel at how Donald Trump will totally overshadow the Wednesday debate he is skipping because his booking on Thursday will smother coverage of any big moments on the debate stage.

Timestamps:

0:18 – Explaining where Jim Geraghty is

1:54 – Rep. Burgess explains just how expensive “Bidenomics” is for American families

9:07 – Emails from Hunter Biden’s legal team show federal prosecutors had no intention of filing any charges until the IRS whistleblowers came forward.

20:16 – Trump will completely overshadow Wednesday’s debate with his booking on Thursday and likely increase his lead in the primaries.

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Filed Under: Business, congress, COVID-19, Debt & Deficits, Economy, Elections, History, Humor, Inflation, Journalism, Justice Department, law, News & Politics, Ukraine Tagged With: #HunterBiden, 2024, 3MartiniLunch, Atlanta, Biden, Bidenomics, booking, debate, DOJ, Garland, inflation, Trump, Weiss

‘Manufactured’ Climate Crisis, Another Massive Deficit, Deutsch’s Trump Delusion

August 11, 2023 by GregC

Listen to “‘Manufactured’ Climate Crisis, Another Massive Deficit, Deutsch’s Trump Delusion” on Spreaker.

Ricochet.com Editor-in-Chief Jon Gabriel is in for Jim. Today, Jon and Greg welcome the story of climate scientist Judith Curry, who confirms that the scientific “consensus” on climate change is a “manufactured consensus.” They also get a good laugh out of the proposal from Pacific Gas & Electric to stabilize California’s energy grid. Then they blast both parties as the annual deficit is already more than $1.6 trillion with two more months to go. Finally, they document the hysteria on MSNBC’s “Morning Joe” as Donny Deutsch contends that “everything will end” and freedom will end” if Donald Trump wins in 2024.
Timestamps:
2:15 – Climate scientist Judith Curry explains how she discovered the scientific “consensus” on climate science was a “manufactured crisis.”
8:29 – The U.S. deficit for Fiscal Year 2024 is already more than $1.6 trillion with two more months to go.
14:39 – Donny Deutsch tells “Morning Joe” that “everything will end” and “freedom will end” if Trump wins in 2024.
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Filed Under: 9/11, Border Security, Climate, congress, Conservatism, COVID-19, Debt & Deficits, Economy, Elections, Energy, Entitlements, Environment, History, Humor, Immigration, Inflation, Journalism, News & Politics, Spending, Taxes Tagged With: 2024, 3MartiniLunch, climate, Curry, debt, deficit, democrats, Deutsch, GOP, MSNBC, spending, Trump

Latest Trump Indictment, U.S. Debt Downgraded, Empty Federal Offices

August 2, 2023 by GregC

Listen to “Latest Trump Indictment, U.S. Debt Downgraded, Empty Federal Offices” on Spreaker.

Join Jim and Greg as they react to the four-count indictment of Donald Trump alleging he defrauded the nation and conspired against rights and official government proceedings. They also cringe as Fitch downgrades U.S. debt from a AAA rating to AA+ due to our growing debt, the lack of a plan to deal with it, and intense political infighting. Finally, they throw up their hands as a new government report shows the vast majority of agency headquarters in D.C. remain empty – but you pay for them anyway.
Timestamps:
0:06 – Trump indicted again – this time they are connected to January 6th and efforts to overturn the 2020 election results.
7:23 – Fitch downgrades U.S. debt from AAA to AA+.
12:29 – Massive amounts of government office space in D.C. remains unused.
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Filed Under: Banks, Climate, congress, Constitution, Crime, Debt & Deficits, Economy, Elections, Entitlements, History, Humor, Journalism, Justice Department, News & Politics, Spending Tagged With: #Januarr6, 3MartiniLunch, debt, empty, Fitch, GAO, government, indictment, J6, offices, Smith, Trump

GOP’s Economic Opportunity, Gutter Politics, Burgum’s Smart Bet

July 25, 2023 by GregC

Listen to “GOP’s Economic Opportunity, Gutter Politics, Burgum’s Smart Bet” on Spreaker.

Join Jim and Greg for another full round of martinis! After noting the White House changing its explanation of Joe’s relationship to Hunter’s business ventures, they’re excited to see polling that shows Americans are far more concerned with the economy than anything else. Does any GOP hopeful have a plan to deal effectively with the inflation brought on by rampant government spending? They also shudder as many on social media express their disappointment that Gov. Ron DeSantis was not injured during a motorcade accident this morning in Tennessee. Finally, they note North Dakota Gov. Doug Burgum qualified for the first GOP presidential debate and the unique way in which he accomplished it.

Timestamps:

0:19 – White House no longer says Pres. Biden & Hunter never talked business. Now they state they were never in business together.
2:03 – Biden wants to own this economy and Americans are overwhelmingly concerned about the economy. Can the GOP take advantage of this golden opportunity?
7:34 – People upset that DeSantis was not injured in motorcade accident
12:58 – Burgum qualifies for the GOP debate after a creative fundraising strategy.

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Filed Under: Business, congress, Conservatism, COVID-19, Debt & Deficits, Economy, Elections, History, Humor, Journalism, News & Politics, polls, Social Media, Spending Tagged With: 2024, 3MartiniLunch, accident, Biden, Burgum, business, debate, DeSantis, Economy, Fundraising, GOP, Hunter, injury, Jean-Pierre

Affirmative Action Struck Down, Airline Nightmare, Biden Student Loan Can-Kicking

June 29, 2023 by GregC

Listen to “Affirmative Action Struck Down, Airline Nightmare, Biden Student Loan Can-Kicking” on Spreaker.

Join Jim and Greg for good, bad, and crazy martinis. First they applaud the Supreme Court’s decision to deem Affirmative Action unconstitutional in college admissions. They then blast the FAA, the airlines, and Transportation Secretary Pete Buttigieg for air travel turning into a miserable experience this summer. Finally, they discuss the recent Biden administration decision to provide a “safety net” for borrowers as student loan payments resume for the first time since the COVID pandemic hit.

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Filed Under: Business, Conservatism, Constitution, COVID-19, Debt & Deficits, Economy, Education, History, Humor, Journalism, law, News & Politics, Podcasts, Regulations, Supreme Court Tagged With: #AffirmativeAction, #studentloanforgiveness, #UnitedAirlines, 3MartiniLunch, Airlines, Biden, Buttigieg, FAA, Harvard, SCOTUS, Supreme Court, UNC

Massive COVID Fraud, Gas Stove Doublespeak, High-Speed Rail Delusion

June 19, 2023 by GregC

Listen to “Massive COVID Fraud, Gas Stove Doublespeak, High-Speed Rail Delusion” on Spreaker.

Hillsdale College Radio General Manager and Radio Free Hillsdale Hour Host Scot Bertram is in for Jim today. Join Scott and Greg for one bad and two crazy martinis. After Scott shares his story of an All-American weekend, they are frustrated and unsurprised at the $403 billion in taxpayer-funded COVID relief that was lost to fraud and government waste. They then react to the mixed messages on gas stove bans, where the left continues to reassure Americans they will not be banned, while many municipalities have already begun their restrictions. Finally, they roll their eyes at the left’s obsession with high-speed rail, pointing out that the projects constantly cost much more than expected, and deliver lackluster results.

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Filed Under: Business, Climate, COVID-19, Crime, Debt & Deficits, Economy, Energy, Health Care, Journalism, News & Politics, Podcasts, Regulations, Taxes Tagged With: #FathersDay, #gasstoves, #HighSpeedRail, 3MartiniLunch, bans, COVID-19, fraud, government, Railroads, taxes

Kerry’s D-Day Cringe, GOP Gas Stove Drama, Burgum for President?

June 7, 2023 by GregC

Listen to “Kerry’s D-Day Cringe, GOP Gas Stove Drama, Burgum for President?” on Spreaker.

Join Jim and Greg for a full course of crazy martinis. They start off shocked at Biden climate envoy John Kerry contending the climate change crisis is our generation’s D-Day during a speech in Norway. Then they mull over the recent debt ceiling fight among House Republicans and the Freedom Caucus disrupting a bill that would protect gas stoves from the Biden administration’regulations. They conclude by discussing the longshot presidential bid by North Dakota Gov. Doug Burgum, and what it may mean for the Republican primary field.

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Filed Under: Climate, congress, Conservatism, Debt & Deficits, Economy, Elections, Energy, History, Humor, Inflation, Journalism, Military, News & Politics Tagged With: #debtceiling, #freedomcaucus, #gasstoves, 2024, 3MartiniLunch, Burgum, climate, D-Day, Kerry, McCarthy

Debt Ceiling Deal, EU vs. Twitter, Neuralink’s Promise vs. Peril

May 30, 2023 by GregC

Listen to “Debt Ceiling Deal, EU vs. Twitter, Neuralink’s Promise vs. Peril” on Spreaker.

Join Jim and Greg as they sort through the agreement between House Republicans and the Biden administration to avoid default. Jim explains why he sees the deal as about as good as the GOP could do with the limited leverage it has. And they address complaints from many conservatives that the plan allows too much baseline spending and didn’t accomplish some major goals. They also react to the European Union’s demands that Twitter abide by its “disinformation” policies or risk getting banned from Europe later this summer. Finally, they discuss the FDA approval of human trials for Elon Musk’s Neuralink brain implants and highlight the potential for amazing breakthroughs and disastrous unforeseen consequences.
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Filed Under: Big Tech, Business, congress, Conservatism, Constitution, Cyber Terrorism, Debt & Deficits, Economy, Elections, Energy, Entitlements, Foreign Policy, History, Humor, Inflation, Journalism, Military, News & Politics, Podcasts, Regulations, Social Media, Spending Tagged With: #debtceiling, #EuropeanUnion, #Neuralink, 3MartiniLunch, Biden, congress, Elon Musk, EU, FDA, McCarthy, Twitter

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