American Sunrise Early Edition - November 12th, 2025

Summary

American Sunrise Early Edition - November 12, 2025

Podcast: Real America’s Voice (iHeartPodcasts)
Host: Jake Novak
Guests/Contributors: Jennifer Kelly (nationally syndicated radio host), David Brody (political commentator), Erie Trout (former Trump 47 Women’s Coalition chair)
Air Date: November 12, 2025

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Episode Overview

This edition of American Sunrise Early Edition is packed with pointed analysis and unfiltered commentary on current political events and cultural matters. Jake Novak, joined by guests Jennifer Kelly, David Brody, and Erie Trout, runs through breaking news on the government shutdown, corporate and government hypocrisy, the state of the American economy, threats of rising antisemitism in New York, and the escalation of political violence—always with a sharp, unapologetic tone. The show critiques political leadership, exposes what it sees as media and corporate double standards, and calls out emerging threats to American values and freedoms.

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Key Topics & Highlights

1. Government Shutdown – Political Fallout & Messaging

[02:02, 05:14–06:26]

• Shutdown Ends, Democrats Lose Momentum:
  Novak summarizes that the House is set to vote to end the government shutdown—blaming its cause and persistence on Democratic leadership. He criticizes the anticipated drawn-out C-SPAN coverage:
  • “They lost this shutdown thing and lost all their momentum from winning the elections those three elections last week.” (37:05, Jake Novak)
• Trump’s Strategy:
  Both Novak and Kelly commend Trump’s response, pointing to his decision to allocate tariff revenue to social programs as a decisive, positive move.
  • “Look what he did within the first few days of the shutdown. He took the money from the tariffs...and he took that and fed Women, Infants and children with that. As soon as that happened, I thought, this is going to be a different kind of shutdown...Democrats showing up with egg on their face.” (05:21, Jennifer Kelly)
• Impact on Leadership:
  Chuck Schumer’s handling of the situation is sharply criticized, with Novak calling out the effect of long-term political careers on cognitive ability:
  • “I think it melts your brain...He just isn’t smart. I think he was at one time, but he is not smart. And he didn’t handle this properly.” (06:26, Jake Novak)

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2. Economic Data – Private Sector Disruption

[07:10–09:33]

• Distrust of Government Statistics:
  Repeated skepticism of official economic reports:
  • “It's no secret...that I loathe, LOATHE government economic reports.” (07:10, Jake Novak)
• Private Sector as Data Alternatives:
  Discussion of DoorDash’s new consumer spending report and suggestion that private companies like ADT should also independently report on crime and other issues, rather than relying on politicized government data.
  • “Doordash says prices are getting under control and that people have more spending money than people think they have. This is very interesting. I would love to see more companies do this.” (07:43, Jake Novak)
  • “If you look at how Joe Biden tinkered with the crime numbers by no longer including violent crime...ADT ought to get into this game, too.” (08:18, Jennifer Kelly)

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3. Banking, ‘Debanking,’ and Corporate Dependence on Government

[09:33–12:08]

• Chase Bank & Debanking of Trump:
  Ongoing investigation in Florida into alleged politically motivated ‘debanking’ of Trump’s businesses by major banks; praise for alternatives like Old Glory Bank.
  • “Banks like Old Glory bank are a better alternative than some of these big banks that clearly will march in line with whatever the government tells them, including breaking the law.” (09:33, Jake Novak)
  • “...they tried to de-bank Donald Trump, a guy with, you know, millions and tens of millions of dollars in those bank accounts, and think of what this could do to cripple regular, everyday Americans.” (10:22, Jennifer Kelly)

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4. Treasury Secretary Scott Bessant & Public Economic Illiteracy

[12:47–15:20]

• Scott Bessant Schooling MSNBC Host:
  Clip played and dissected wherein Treasury Secretary Scott Bessant rebuffs a poorly informed MSNBC interviewer’s questions about a $20 billion “bailout” for Argentina.
  • Bessant on the importance of swap lines and asserting U.S. economic strength:
    • “That is how in most bailouts, you don't make money. The US Government made money. We used our financial balance sheet to stabilize...And I would rather use peace through economic strength than have to be shooting at narco boats coming offshore.” (12:55–13:26, Scott Bessant)
  • Novak on public/media ignorance:
    • “I'd like to report a murder. Scott Bessant destroyed that moron who doesn't know what he was talking about, didn't know what a credit swap was.” (13:30, Jake Novak)
  • Kelly commends Bessant’s humor and laments media incompetence:
    • “These reporters, they have about a fifth grade reading, you know, scholastic ability. And Scott Bessant there...just really called him on the carpet.” (14:04, Jennifer Kelly)

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5. Corporate Hypocrisy: Apple and China

[18:33–19:58, 37:05–38:29]

• Apple’s Compliance with China:
  Apple’s quick removal of gay dating apps from its store in China upon government request, contrasting with its public moralizing in the U.S.
  • “...as soon as China tells them to be not inclusive, they're fine with it. But here's another thing, folks. I was reliably informed, weren't you? That it's religion and Christianity and Islam and Judaism that are not fair enough to gay people...China doesn't have any religion.” (18:33, Jake Novak)
  • Calls out “corporate responsibility” as a facade and highlights Chinese government persecution.
• Wider Point:
  “Corporate America” is denounced for dictating ‘morality’ to the public while readily submitting to illiberal foreign governments.

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6. Markets & Industry – Boeing, Nvidia, & The Auto Market

[24:57–32:36]

• Stock Market & Economic Indicators:
  Dow hits an all-time high while Nasdaq lags due to an Nvidia sell-off. Novak: Nvidia, not AI as a whole, is driving the market.
• Boeing’s Rebound:
  Boeing sales up after Trump administration lifts restrictions; host blames prior crashes on pilot error in other countries.
• Turning Point in Car Market:
  Surplus in vehicle inventories leads to more consumer bargaining power; pickup trucks highlighted as a lifestyle choice, not necessity.
  • “A new survey by Strategic Vision, this is one of my favorite stories, says that 90% of the folks who buy pickup trucks in America actually never use their pickups for any business or serious hauling jobs...because they're cool.” (32:36, Jake Novak)

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7. New York Politics: Election of Zoran Mamdani and Rising Antisemitism

[38:29–48:37]

• Mamdani’s Election & Policy Focus:
  Jake Novak claims Mamdani’s real agenda is antisemitism:
  • "He hates Jews. All he cares about is bashing Israel...he knows it hurts the Jewish population. ...The first thing he's going to do is try to boycott any business that is coming out of Israel. Basically, any Jewish business." (40:53, Jake Novak)
• ADL Critique:
  Blames the Anti-Defamation League, now led by former Obama administration member Jonathan Greenblatt, for politicizing antisemitism issues.
• Guest – Erie Trout’s Response:
  Trout calls for bipartisan support to elect Elise Stefanik as NY Governor to check radical city politics and protect Jewish Americans.
  • "Elise Stefanik is one of the most bipartisan members of Congress. ...She wants to make New York more affordable. She wants to make it safer."(46:01, Erie Trout)

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8. Political Violence and Turning Point USA Event

[51:40–53:46]

• Discussion of Turning Point USA/UC Berkeley Attacks:
  Reports that evidence points to coordinated left-wing attacks by “Antifa and other militant leftist groups.”
  • Novak: “We are in a period now of armed civil unrest, civil war in this country. Of course, it's not much of a war because only one side is really doing all the violence.” (51:40)
• Left and “Anarchist Right” Critique:
  David Brody calls out Candace Owens as an “anarchist right” figure, equating some of her rhetoric to that of Antifa, and emphasizes that MAGA should be differentiated from anarchist or extreme elements.
  • “It's people like Candace Owens and...millions of others that are a danger on the anarchist right. Not the far right, not the conservative right, the anarchist right.” (53:46, David Brody)
• Violence as a “Clarion Call”:
  “The assassination of Charlie Kirk...is a clarion call to them. ...They figure, oh, we're killing people now. Where do I sign up?” (53:46, Jake Novak)

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Notable Quotes (with Timestamps & Attribution)

• On Government Shutdown Politics:
  • “The Democrats lost this thing, Jennifer.” (05:14, David Brody)
  • “I think this actually could be the end of Chuck Schumer...” (05:21, Jennifer Kelly)
• On Private Economic Reporting:
  • “Doordash says prices are getting under control and that people have more spending money than people think they have.” (07:43, Jake Novak)
• On Media Ignorance:
  • “I'd like to report a murder. Scott Bessant destroyed that moron who doesn't know what he was talking about.” (13:30, Jake Novak)
• Apple & China Hypocrisy:
  • “As soon as China tells them to be not inclusive, they're fine with it...so stop blaming religion for your problems.” (19:58, Jake Novak)
• On Antisemitism in NY Politics:
  • “He hates Jews. All he cares about is bashing Israel.” (40:53, Jake Novak)
  • “Elise Stefanik is one of the most bipartisan members of Congress. ...Her coalition is getting larger. Democrats for Elise...” (46:01, Erie Trout)
• On Political Violence/TPUSA:
  • “We are in a period now of armed civil unrest, civil war in this country… only one side is really doing all the violence.” (51:40, Jake Novak)
  • “It's people like Candace Owens…that are a danger on the anarchist right. ...They are definitely not MAGA, FYI.” (53:46, David Brody)

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Timestamps for Major Segments

• Government Shutdown, Trump’s Strategy & Dems’ Loss: 02:02–06:26
• Private Companies Reporting Economic Data: 07:10–09:33
• Chase/Trump Debanking Allegations: 09:33–12:08
• Scott Bessant’s MSNBC Exchange: 12:47–15:20
• Corporate Hypocrisy – Apple & China: 18:33–19:58, 37:05–38:29
• Markets Update (Boeing, Nvidia, Autos): 24:57–32:36
• NYC Mayoral Race, Antisemitism, Stefanik Push: 38:29–48:37
• Turning Point USA Event Violence/Political Radicalism: 51:40–53:46

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Episode Tone & Takeaways

• Tone: Combative, unapologetically conservative, sarcastic, and conversational.
• Takeaway:
  The hosts and guests present an unwaveringly critical view of Democratic politicians, big tech, and mainstream media, while championing alternative conservative leaders and private sector solutions. The episode repeatedly questions the legitimacy and motivations of establishment actors—across government, banking, technology, and media—while expressing growing alarm about political violence and antisemitism spreading within U.S. cities and institutions.

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This summary provides a comprehensive walkthrough of the episode’s content, key arguments, and main voices—valuable for listeners wanting a factual, timestamped overview of Real America’s Voice’s take on the day’s top stories.

Transcript

[Erie Trout]

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[Jake Novak]

Laundry at an American Sunrise Early Edition it still looks like today will be the day the House votes to end the government shutdown. But House Democrat leader Hakeem Jeffries will likely drag out the vote as long as possible, even as Americans feel the pain of this Democrat caused and maintained shutdown across the country, there's more evidence proving the attacks on people attending a Turning Point USA event at UC Berkeley this week. They were all a part of a coordinated plan by Antifa and other militant leftist groups. But will blue states like California do anything about it? President Trump isn't backing down from his call to protect the American homeland from the scourge of narco terrorism, but the power of the drug cartels and their Chinese backers is still making weaker leaders around the globe cower in fear. And now includes Great Britain. Are you still relying on government economic reports to get a real handle on how America is doing? Don't bother. A new contender in the data wars from the private sector just got into the game and it says things are going in the right direction economically. And it's one thing to report on the economy, but when corporate America tries to dictate morality to us, forget about it. And when you hear what Apple is doing in China right now, you'll really want to forget the big tech lefty scolding machine forever. American SUNRISE EARLY EDITION starts now. Welcome to AMERICAN Sunrise EARLY edition, the show where faith, freedom and the values that built this nation take center. State your good deeds and bad deeds. That's how we're going to judge you. Join host Jake Novak as he breaks down the stories that matter. We will be letting the public know regularly what we have found. American Sunrise EARLY EDITION with your host Jake Novak starts now. Welcome, everyone, to this Wednesday here on American Sunrise EARLY edition. I'm Jake Novak. Yeah, it looks like we're gonna end the shutdown today. But you know what? Don't just keep watching Real America's Voice all day. Don't watch C Span or anything else like that because they're gonna drag this vote out all day with a bunch of crazy speeches and everyone going nuts just like they did before. If you remember, the big beautiful bill before it passed, all the Democrats got up and just basically said this was the end of the world. By the way, that bill is doing really some great things. We'll have to do an entire show about that at some point. But I have something special to share with you today. Joining us, rejoining us after a long, long hiatus from this program, nationally syndicated radio host Jennifer Kelly. Jennifer, it has been too long. We should get that. Speaking of things that dragged on too long, we should get that vote in the House today to end the government shutdown. I have to say one thing has pleasantly surprised me because when you get truth, maybe you learn a lesson. It really seems like everyone agrees, right? Left, middle, mainstream media, regular media, whatever. They all agree. The Democrats lost this thing, Jennifer.

[David Brody]

They lost.

[Jake Novak]

And hopefully that means we won't have another stunt like this for the next couple of years.

[Jennifer Kelly]

They did lose and they lost badly. I mean, you have to be so impressed, right, with President Trump and his messaging here. I mean, look what he did within the first few days of the shutdown. He took the money from the tariffs the most controversial part of his administration so far. And he took that and fed Women, Infants and children with that. As soon as that happened, I thought, this is going to be a different kind of shutdown, not the George W. Bush kind of shutdown where, you know, Paul Ryan and others get accused of, you know, pushing granny off the cliff. I knew then that we were off to. To a much better start. And look, I think the result of this has been, you know, Democrats showing up with egg on their face. I think this actually could be the end of Chuck Schumer, because if you listen in to what's happening at the dinner table in big Democrat cities, you know, like, new people are frustrated, and there's a lot of infighting in the Democrat Party. So major, major points on the board for Donald Trump and the gop.

[Jake Novak]

You know, someone should study Chuck Schumer's brain, or what's left of it. This was a brilliant young man. He went to Harvard. I think this is. If you spend too long as a career politician or as a career celebrity in Hollywood, I think, really, someone should study this. I think it melts your brain. The guy sat next to me at my high school graduation. He was a congressman at the time. I was in his district. My. My high school was, at least. And he was sitting there on the dais, and he was just. The man is just not smart. He just isn't. I think he was at one time, but he is not smart. And he didn't handle this properly. And I'm not surprised. He's also not a serious person. Some of the stuff he does privately is like that of a child. Again, another entire program we can do on that. Hey, Jennifer. It's no secret to the viewer, really, it's no secret to the viewers of this program that I loathe, Loathe government economic reports. And that doesn't matter who the president is. This is not about a Trump or an Obama thing or a deep state thing. I just think they're all bad. And sometimes it's not even on purpose. They're just not done right because they're done by a bunch of government workers who don't understand real business. So maybe I'm biased, but I really, really like the idea that Doordash, of all companies, but it actually makes sense. Doordash is now doing its own national economic report. It came out for the first time this week. Now it makes sense that Doordash is doing this because they don't just deliver food from restaurants. People buy everything from them. So they kind of have a good handle on what the prices of things are, what people are able to pay. And guess what, Jennifer, they're saying what they see. And again, Doordash isn't friends with any president or any party. Doordash says prices are getting under control and that people have more spending money than people think they have. So this is very interesting. I would love to see more companies do this. And of course, now I'm hungry for something that Doordash can deliver to my, you know, I want a data report and I want like, you know, like an egg and cheese sandwich. How about you?

[Jennifer Kelly]

Well, this is so interesting. You know, I think one of the criminal things that happens in Washington, D.C. is when bureaucrats who have never had a job, have never run a business, have never signed the other side of a paycheck, when they are in charge of telling the American people exactly what's going on with our pocketbooks. And it is, you're right, it's garbage in, garbage out for a lot of these economic reports. And we knew that right 10 years ago when Barack Obama started taking, what was it, food and energy, the two biggest, costliest things out of the economic report, the cost of living report. I mean, that told you everything you needed to know about how they were manipulating the numbers. I agree with you, Jake. I think more private companies should start doing this. In fact, if you look at how Joe Biden tinkered with the crime numbers by no longer including violent crime in the crime statistics, which is, you know, laughable. I think ADT ought to get into this game, too. Tell us how crime's going out there. How, how are burglaries going out there and, and response times of police. You know, I agree. Sometimes the private sector can just do things better.

[Jake Novak]

Yeah. And, and Tinder can tell us what the real divorce rate is. That's really going to be. I seriously wait. We have to find all these things out from the companies that really work with us. All right, Jennifer, you and I have a friend named Mike Ring. He's the founder and CEO of Old Glory Bank. And I know he's going to be interested in this story. The Florida attorney general looking into Chase bank and whether or not they deliberately and broke the, broke the law by debanking and stopping one of President Trump's businesses during the Biden administration. Been doing business with them. This is another reason talk about how Doordash is a good alternative to government reports. Banks like Old Glory bank are a better alternative than some of these big banks that clearly will march in line with whatever the government tells them, including breaking the law. I'm watching this story very closely. I know you are, too.

[Jennifer Kelly]

Oh, absolutely. And look, I've been watching this for 10, 15 years since campaigns have made all of a sudden, 30 days before election Day, suddenly a campaign's credit card processing no longer works because it just so happened to be a Second Amendment campaign. And some credit card vendor in New York City that was maybe friends with Mike Bloomberg or others decided to debank them. So this has been going on for a while. This really started in the Obama administration and when Eric Holder was Attorney General. But this is one of just the most disabled, disgusting, disgraceful things that, you know, they tried to debate Donald Trump, a guy with, you know, millions and tens of millions of dollars in those bank accounts, and think of what this could do to cripple regular, everyday Americans. And this is why, you know, people should look to places like Old Glory bank, should look to other places now you can bank with like PayPal and, you know, all these other, you know, tech tech companies. But look, it just goes to show that big banks are not on the people'. I mean, if they could do that to President Trump, a former president of the United States who has tens of millions, probably hundreds of millions in accounts, think of what they could do to the little guy and how they could cripple the little guy's life. And the fact that all of these guys, by the way, have now been proven by Congress to have been snooping for keywords in our purchases. If you purchased a gun at a gun shop, they were going to deplant from you at some of these big banks. Look, it's nobody's business what I spend my money on. And, you know, I'm glad that they've been exposed for what they've been exposed for.

[Jake Novak]

Yeah, there's definitely a bank out there that can shame me for some of the Little Debbie oatmeal pie snacks that I bought, that I continue to buy. That's probably what they're going back to. Doordash. Yeah, I know. I'm clearly hungry this morning. Finally, Jennifer, I want you to check out what it looks like when someone challenges Treasury Secretary Scott Bess into a war of wits, but they come to that war unarmed. Check it out. How does a $20 billion bailout of Argentina help Americans? You're the President's point person on that. Can you explain to those here who are feeling the pinch, including America's farmers, why the United States is helping out Argentina?

[Scott Bessant]

Well, can you. Do you know what a Swap line is currency swap. Yes, yes, but what, what is that?

[Jake Novak]

That's near the Treasury Secretary.

[Scott Bessant]

Yes, but why would you call it a bailout? That is how in most bailouts, you don't make money. The US Government made money. We used our financial. We use our financial balance sheet to stabilize. The government are one of our great allies in Latin America during an election, the president there won in a landslide. The government's going to make the money. And I would rather use peace through economic strength than have to be shooting at narco boats coming offshore. If the government collapsed.

[Jake Novak]

I'd like to. I'd like to report a murder. Scott Bessant destroyed. That moron who doesn't know what he was talking about, didn't know what a credit swap was. I love how he tried to get out of it. You're the Treasury Secretary, Jennifer. I tell conservatives who go on TV all the time, don't get into a partisan debate before you establish that the person debating you even has a basic grasp of the facts. There's really only a Yiddish word for those kinds of people. It's called amaras, which is ignoramus. These people are ignoramuses. And it's really good that Scott Bessant called them out. I loved it.

[Jennifer Kelly]

Yeah, you know, it's interesting. I'm a body language expert. I've done, you know, hundreds of focus groups over the years. And you saw Scott Bessant kind of clicked there for just a second before he started to talk. You knew he was just locked and loaded and ready to go. Look, Scott Bessant, when he was appointed, I asked a friend of mine who knew him through the Log Cabin Republican community, and he said he is one of the funniest people you will ever meet. And I think, you know, we need more people with senses of humor like Scott Besson in Washington. And look, you know, that might be his last time on msnbc, but, you know, he's right. Look, these reporters, they have about a fifth grade reading, you know, scholastic ability. And Scott Bessant there, you know, just really called him on the carpet. And look, this is why msnbc, this is why the ratings are failing. They would be wise to follow the CNN model. You know, CNN's moderating. They just gave Alex Michelson from Los Angeles, a former Fox reporter, his show. So, you know, one of those things that MSNBC could actually take a lesson from some of their colleagues on this to be more fair and balanced.

[Jake Novak]

Yeah, I have another thing to advise them. Try reading a book. I mean, it's just Again, we keep giving, we keep giving the other side too much credit and say, well, they're just evil or they're, they're, they're misguided. No, they're, they're, they're ignoramuses. They really are. They just really are. And that is always, almost always the case. All right, Jennifer Kelly, thank you so much for joining us. It's been too long. Have a great rest of your week.

[Jennifer Kelly]

You too. Hope you get some doordash.

[Jake Novak]

Yeah. Now I'm super hungry now I shouldn't have this. I got to remember not to do these stories about food before I eat. All right, coming up, we have some new numbers that indicate that after what seems like years, the car buying market has flipped. Flip to what you ask. I'll explain in a few minutes. But first, in case you still think corporate America has any right to lecture us about right and wrong, I'll have a story for you that will end that delusion once and for all. American Sunrise early edition will be right back.

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[Jake Novak]

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[Jake Novak]

That's a live look at Washington D.C. they're gonna drag this thing out all day before they finally vote in the House to end the shutdown. I really think that as definite they're gonna get the vote done. But Hakeem Jeffries, who's the Democrat leader, the minority leader in the House, is going to drag this sucker out all day probably as long as he possibly can. Just bad leadership from them. They lost this shutdown thing and lost all their momentum from winning the elections those three elections last week. Welcome back to American Sunrise early edition. It's a Wednesday. I'm Jake Novak. Special welcome to those of you on all the platforms where you can watch and comment live on this program. Getter Rumble Substack X And I read as those comments as quickly as I can and I appreciate them. Hey, it's amazing how even to this day big tech companies and all kinds of major corporations still think they have the right to tell the rest of us about right and wrong. They all talk about corporate responsibility. You know, they're out in front on climate change. They're out in front on also they say on LGBTQ issues, they're the ones who are moralized. You know, we're not inclusive enough, you and me, we're not diversifying enough in our lives. Well, Apple just proved that lie. Apple just came to the Chinese government which told Apple to get rid of the gay dating apps on the App Store that is available to all the Chinese customers. They didn't. Wait a second. Apple got rid of them like that. Gone, no problem. You know, there's a couple of things about this story that really are interesting, aren't they? First of all, this is the same Apple that along with other big tech companies and other woke companies tells us that you and I aren't inclusive enough. As soon as China tells them to be not inclusive, they're fine with it. But here's another thing, folks. I was reliably informed, weren't you? That it's religion and Christianity and Islam and Judaism that are not fair enough to gay people, that we're the reason why there's discrimination against them. It's Religion. And religion is the root of that hate. Well, here's a news alert. China doesn't have any religion. In fact, they crack down real hard on religion. Ask people in the Falun Gong. Ask the Uyghurs. Ask Christians in China who try to live openly as Christians if you can ask them. They don't really get to talk to anyone. They are basically a lot of them in prison or getting persecuted in other ways. So what's the Chinese government have against gay people? It's not religious. I was told only religious people hate gay people. Well, again, that's a lie, as usual. China is not the friend of the United States, but it's also not the friend of these corporations who think that cowering to them will somehow make them more money in the long run. In the short run, it might. But in the long run, China is just hosting these American companies as long as they can steal their technology. Once they steal their technology, they'll kick them out. It's a tried and true M.O. that they've been using for many, many years. But this story really should be a bigger story in America because again, not only does it prove the hypocrisy and the lie of so called corporate responsibility and the corporate moralizing to you and me, but it also proves that religion is not the reason why gay people are persecuted in the world. It's just jerky people acting not very nice to other folks. We don't have to accept your life and still be nice to you and still treat you like a decent human being. China, which has no religion, doesn't agree with that. So stop blaming religion for your problems. Anyway, let's get to something a little bit more important right now. The government needs your money. Unfortunately, your money. If you owe the IRS back taxes, they can garnish your wages and levy your bank accounts. They can even seize your retirement or take your home. Oh my goodness. Don't let the IRS target you. Call the professionals at Tax Network usa. Their tax lawyers and enrolled agents are experts in powerful programs that may even help you along eliminate your tax debt. Tax Network USA is an A rated company and has saved over $1 billion for their clients. Whether you owe a few thousand or a few million, they can help you. And in just one phone call, you can start the process of stopping the threatening demand letters, stopping the aggressive collections, and resolving your tax matters once and for all. But you have to act now while you still have options. For a free consultation, call Tax Network USA at 1-800-905-8000 or visit tnusa.com rad don't let the IRS be the first to act. Coming up, it has been a seller's market for cars really ever since the COVID lockdowns. But the worm, or should I say the ignition may finally be turning over. American Sunrise Early Edition and Moving America. We'll be right back.

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[Jake Novak]

The control room probably doesn't even know this, but that is the city of my birth. Oklahoma City, Oklahoma. Beautiful morning there, as you can see. It's still dark, but looks like it's going to be a nice morning there. Oklahoma City. Born there in 1970. Please don't steal my identity. I just gave you too much information. But there you go. Hey, let's take a look at where the markets are going to begin today because the markets had a mixed day yesterday. I'm going to talk about why in just a moment. But it was not a mixed day for the Dow. The Dow surged yesterday to a new all time high. And as you can see in the Futures page right there, it's going to be a new all time high when it opens. And the Nasdaq, which was down yesterday having a nice bounce back up about more than a half of a percentage point. Crude oil down still at the $60 a barrel level. Got over 61 yesterday. Gold really close to that all time high as well, 4100. Now let's take a look at bitcoin. Trying to slowly make a little bit of a comeback here and there. It's at the $105,000 level. So still solidly below 110 and obviously below that 125 area which was the all time high. Hey, the shutdown is going to end today. That's really not a prediction. We know that's almost definite. Again, it's just going to be a dragged out situation in the House today. Don't watch C Span, watch Real America's Voice because if you watch all the speeches on C Span you're going to get nauseous after a while as the Democrats turn. Try to make it sound like 9 11, Pearl harbor and the end of all civilization all day long because they're ending a shutdown. Just incredible. But the airport hell is going to continue for a few more days at least, maybe weeks. The major airlines say it's going to take a while for them to get everything back to normal. You know, the airline schedules are so tightly made that one little change in them, let alone thousands of changes, takes a long time for it to get through the system completely. Of course, the focus for everyone, and I'm sure this includes a lot of you watching right now, is the Thanksgiving travel week that's coming up. And the way it looks like now, there's probably still going to be some effects of the shutdown going, but the airlines are going to work hard to try to avoid that. They want to make money, of course, so that's their incentive and that's a pretty good incentive. I'm hoping that the Thanksgiving week will go pretty well. And by the way, if we don't get a major weather event on the Thanksgiving week, then it actually will probably be pretty much normal because there's always some cancellations for that. So there's no major weather event. Then maybe we won't notice and hopefully Thanksgiving will go easily at the airport. Now while the airlines are trying to save Thanksgiving, Boeing is probably thinking of celebrating Christmas right now. Why do they want to celebrate early? Because it's delivery numbers for October we just found them out were fantastic. They are picking up the pace. They delivered 39 of their best selling 737 Max jets in October alone. And you know, each one of those jets folks isn't exactly cheap. So when they sell 39 of them in one month, it's just One of them, just one of their models. That's pretty good. They also, of course, sold some of their other jets as well. The big sell, the big buyers on the 737 Max were Southwest Airlines right here in the United States and the Irish budget airline Ryanair. That is a real cheap airline, by the way. It's an experience flying on that, on that line. Anyway, that's their big customers from last week and last month. And this is all because the Trump administration, or big reason for it is the Trump administration lifted those extra restrictions on Boeing. Their 737 Max jets were getting all these extra inspections that were enforced upon them by the Biden administration. Now that that's gone, these jets are safe. By the way, those 737 Max jet crashes back in 2018 were pilot error. They should never have been sold to those countries where they know they have morons who fly their jets. A lot of jet pilots in a lot of countries that are dictatorships and other types of corrupt countries have nepotism and other reasons for why people get hired to fly their national airlines. And the 737 Max jet is a little harder to fly. Boeing should never have let those people buy those jets with the knowledge that their pilots aren't really as trained as other countries. Anyway, that's the reason there wasn't a defect in the jet. It was a defect in the pilots. Anyway, the Trump administration understood that. And Boeing is making a lot of sales. Hey, maybe you thought the stock market rally that we've been having really for a couple of years now is all about AI, that's not exactly true. And we found that out yesterday. Now, yesterday, Nvidia shares went down. Why? Because Japanese investment bank SoftBank sold off all of their shares of Nvidia. They took a $5.8 billion profit from that and put it all into open air. So if you're looking at the markets and saying, okay, well, this is just one AI investment because Nvidia makes the AI chips to another form of the AI sector, everything's hunky dory. Well, no, actually, everything isn't. The markets, nasdaq, the nasdaq. While Dow was surging to new highs, the NASDAQ sold off yesterday on this news. For a while, it almost came back, but not quite. Because the markets really like Nvidia more than any other AI investment. They like some other AI investments, but not as much as Nvidia. This is Nvidia's market. I wish it weren't. Because as good a company as it is There appears to be. It's kind of boring. I'd rather talk about Chad GPT. I'd rather talk about something that actually saves lives, like some kind of new medical device and Nvidia. Every time I talk about it on the show, I have to show you a computer chip, which is a boring thing to look at, but that's how it goes. All right. Anyway, that is something you need to know if you want to understand where the markets are going. It's an Nvidia market, not quite an AI market. Okay, ladies and gentlemen, start your engines. This is Moving America. Sponsored by ArtilleryTea Company ArtilleryTeaCo.com Use promo code LIBERTY for 20% off your order. Artillery Tea is all natural whole leaf. The tea bags are chemical free and each tea bag can be used twice. Artillery Tea company is family and veteran owned and operated and a portion of your purchase goes to help veteran and first responder charities. Artilleryteaco.com promo code LIBERTY for 20% off your order. Hey folks, when you talk about the price of anything, it's always about supply and demand. If anyone is talking to you about the price of health care or any other item and they talk about politics and they talk about culture, don't listen to them. It's about supply and demand. And we've had a change in the supply side situation for cars and trucks in America. A number of experts in the auto industry and a number of reports have come out showing that that issue has finally turned around. New vehicle inventory in the US rose to 3.14 million to start this month, the month of November. That's a big jump over previous months. Also, the number of cars that are sitting on lots for 100 days or more has also increased. By the way, the company with the most 100 day cars just sitting there is Stellantis, the owner of Jeep, Chrysler and Dodge. I know you're not surprised, that is a very struggling company, but still, look, there are a lot of good sales going on. It's not like the car industry is crashing. They're doing fine, but there is decent supply now. And hopefully this means that when you go to a dealer, especially for a new car, you're going to have a little bit more leverage, especially for some of those cars have been waiting around there for a long time. I hope that you all get a great deal on a new car. That's my hope for you. Especially around Christmas time. Maybe you can get one of those big bows and tie it around the car. Just remember, take it off the car. When you start driving, do you know that on Christmas Day there are accidents all over America because people drive the car. It still has the bow on it. I'm not kidding. Check it out. You can look it up on Bing or DuckDuckGo. Okay. Another turn in the market is we could see people going back to buying smaller sedans. That's what Nissan is betting on. They believe that because EVs are going off the market, a lot of them are going off the market. People are still going to want to save money on gas somehow and they might buy smaller sedan. So Nissan, as you can see there, they're spending a lot of money sprucing up the Nissan Sentra again. This could, I think this is something to do with EV demand going away. People aren't going to want to, you know, people aren't buying EVs without that government subsidy. But that doesn't mean people want to spend a lot of money on gas, on a gas guzzling SUV. Some SUV's are not too bad on gas, but some are. So this is interesting. The Nissan Sentra could be one of the hotter cars around the world or even here in the United States next year. We, we shall see. As you know, Nissan is struggling to stay alive and they're making some bold bets. They're not going to go out quietly, that's for sure. A new survey by Strategic Vision, this is one of my favorite stories, says that 90% of the folks who buy pickup trucks in America actually never use their pickups for any business or serious hauling jobs. They could, you know, basically they could do the same thing with that, with their truck based on what they, how they live their lives, that they could do with an SUV or even a sedan. So why do they buy these trucks? Because they're cool and in some parts of the country you got to have a truck if they want you to be seen as a real man. I guess all I can tell you is a lot of people, especially women, don't like to buy minivans. They feel like it makes them seem like they're some kind of a boring housewife or something. You buy a truck and suddenly you're a lot cooler. But you may Never actually put one 2x4 in the bed of that truck or ever use anything for serious hauling. Boy, the truck companies, gm, Ford must love the fact that they're selling a huge amount of trucks to people who don't actually need a truck. Now that is a hot product. If you like a Ford Mustang. Speaking of Ford, you're going to love this new traveling Ford Mustang Experience show. It's kicking off right now. It's called American Icon, A Mustang Immersive Experience. It's currently at the Peterson Automotive Museum in Los Angeles. That's where the show is kicking off, but it's going to travel across the country. The experience, by the way, is produced by Imagine Studios. That's the company that also brought you the Titanic or Jurassic World. Hopefully you won't hit an iceberg or get eaten by a dinosaur at this exhibit, but it seems like a lot of fun. Or if you really just want to have a Mustang Immersive Experience, you can buy one and drive it to the grocery store. Although that isn't very cool. Anyway, that's what's going on with the Ford Mustang Experience coming up. How are New Yorkers, I mean sane New Yorkers, preparing for the imminent takeover of the city by Mayor Elect Zoran Mamdani? We'll talk strategy about that just ahead. And later, what does the violence at that Turning Point USA event at UC Berkeley Monday night teach us? I'll tell you one thing. I've seen this kind of stuff before and it's a very bad omen. American Sunrise Early Edition we'll be right back.

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[Jake Novak]

Attention shoppers.

[Erie Trout]

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[Jake Novak]

It's Wednesday, November 12th. Here are this morning's top stories. It still looks like today will be the day the House votes to end the government shutdown. But House Democrat leader Hakeem Jeffries will likely drag out the vote as long as possible. Even as Americans feel the pain of this Democrat cause and Democrat maintained shutdown across the country, they have more evidence that proves the attacks on people attending a Turning Point USA event at UC Berkeley this week that they were a part of a coordinated plan by Antifa and other military leftist groups. But will blue states like California do anything about it or are they actually encouraging it? President Trump isn't backing down from his call to protect the American homeland from the scourge of narco terrorism. But the power of the drug cartels and their Chinese backers is still making weaker leaders around the globe cower in fear. That includes Great Britain. Sad, sad development there. And it's one thing to report on the economy, but when corporate America tries to dictate morality to us, forget about it. And when you hear what Apple is doing in China right now, you'll really want to forget the big tech lefty scolding machine forever. American SUNRISE EARLY EDITION continues.

[Scott Bessant]

Now.

[Jake Novak]

Welcome back to AMERICAN Sunrise EARLY edition. It's a Wednesday morning. Yeah. Even as the United States continues to hit really hard on the situation in coming out of Venezuela and the Caribbean with those drug boats, we just learned in some exclusive reporting from some other outlets that Great Britain is not going to cooperate with intelligence and tell the United States about what they know about some of those drug cartels and what they're doing because they're upset that the United States is standing up for itself. Something that you need to know. Sometimes when one person acts like an adult, or in this case a man, a president, a real leader, it makes the people who don't feel inadequate, rightfully so. But instead of copying them and maybe getting inspired by them, they try to undermine them. That's what this, these reports are true, that Great Britain is not going to help the United States identify drug cartels and the drug boats coming to this country. And they're just going to do that because America's basically embarrassed them because we're acting like we really want to protect our people and they don't, then that is just another, another pathetic thing going on. It's also because China owns so many other countries in this world and China is behind the drug trade in this country. Anyway, that's the real deal. You know what? Zoran Mamdani fooled a lot of people in that election last week. He made his election according to his own ad campaigns on all about freezing the rent, all about the affordability of New York City. Hey, news alert. New York City has been really, really inexpensive place forever. The idea that it's getting unaffordable and something has to be done about it now is really a joke. It's been that way for a really, really long time. Here's what Zoran Mamdani is really all about. This is what he's been about his entire career and what he's probably all about in his leisure time as well. I'm just going to say it really bluntly because you deserve to hear it. He hates Jews. All he cares about is bashing Israel. He actually doesn't really care about Israel or the Palestinians. He just likes bashing it because he knows it hurts the Jewish population. He's just been elected the mayor of the city with the largest Jewish population in this country. He's now going to be a kid in a candy store. And as was revealed by the New York Post in a story earlier this week, he already has his charted plans for mayor. Was the first thing he was going to do, try to freeze the rent? No. Was the first thing he was going to try to do, try to get grocery prices lower? No. The first thing he's going to do is try to boycott any business that is coming out of Israel. Basically, any Jewish business, any business that supports Israel. That's the first thing he's going to do. It's like Kristallnacht at a Gracie Mansion. This is what we're getting now here in New York City. Again, for those of you who think this is just a socialist, a communist, yes, he's all those things, at least on paper. But that's not what really wakes him up in the morning. That's not what really gets him going. What gets him going is bigotry and hate. And he's excited about all that. And the very first thing he's going to do is act on that. So there you go. Our guest right now, I believe. Do we have our guest is. We do. Okay, I'm sorry. Had a little bit of technical difficulties there with her audio. Oh, we don't. We don't have it. Okay. We were gonna. Hopefully we'll be joined soon by Erie Trout. She's a former chairwoman of the Trump 47 Women's Coalition. So I wanna talk a little bit more about this because again, I don't wanna make it make you think that, oh, this is just all I care about, the ethnic hatred coming out of this man. Because I do think it isn't just the folks who supported him's fault. The Anti Defamation League is very much responsible for a lot of the antisemitism that we're seeing coming out openly in this country. The ADL is led by a guy named Jonathan Greenblatt. He worked in the Obama administration. It was incredibly irresponsible for the ADL to make him the director of that organization. They need to be bipartisan at best. The fact that they took someone out of the Obama administration was just insane. And sure enough, he ended up becoming basically a flag waiver for Democrat left wing causes, many of which encourage antisemitism. The obsession over people who are rich versus people who are poor, people who have succeeded in academia or in the academic world, in college, and people who haven't DEI programs. Basically it's spelled dei, but it should be spelled for Jewish people and for Asian Americans and for a lot of white Americans it should be spelled die. Because when you create a society that's not based on meritocracy, that's not based on the effort that you put into something, eventually the good people will, and I mean this very literally will get killed. You end up having a justice system that looks at people who don't really aren't looking at it from the justice standpoint, but whether or not they're white, black, rich or poor. All right, I think we have eretrant now. Eret. Sorry, we had a little bit of a technical difficulty there. What can America do, not just New Yorkers do, to respond to this bigot being elected mayor. He's not interested in communism or socialism and he sort of is, but he's basically interested in hating on Jewish people. That's job one for him, isn't it?

[Erie Trout]

You're absolutely right. That's what drove him to get involved with politics. Give him credit. He's been completely transparent about his hatred for Jews. He was arrested less than a week after October 7th at a pro Hamas rally. And it's what wakes him up in the morning. And you saw that in the speech he gave after winning the election. Gone was that dimpled smile. He was combative. He was in the fighting spirit. And Jews woke up the next morning very, very scared. And it's just, it's. You know, there are students on Columbia University's campuses, New York campuses, remember Jewish universities have their flagship universities in New York. These students are scared, residents are scared. The best thing we can do, and I'll tell you, is elect Elise Stefanik as New York's next, next governor. She is our last best hope and it's a blue state candidate. Quality matters. And boy oh boy is Elise Stefanik the best of the best. She will save New York because the City council in New York City is as radical as it gets. Eric Adams was a stopgap. He pushed back against the city Council. Now that's gone. You are going to have Zoran Mamdani working arm in arm with the city Council. And it's very scary times in New York City.

[Jake Novak]

You know, you made the point there about Elise Stefanik. Just for the viewers who may not know, the governor of New York has great powers over the spending and some of the other policies in the city of New York. You might remember earlier this year, the current very, very inadequate governor of New York, Kathy Hochul, went back and forth on that whole congestion pricing thing. Remember that extra toll that people in New York now have to pay if in the middle of the day they have the gall to want to go and work in the middle of Manhattan? It's by the way, it's a real tax and war on the poor. Rich people can afford that. The ones who are out in the Hamptons want to take an extra day or two to come back to the city after their nice long weekend in East Hampton. But for poorer people who live in Queens and the Bronx and places like that, coming into Manhattan in the middle of the day, you get an extra toll that they can't necessarily afford. She could have pushed back on a lot of things going on and she could for this first year of the Mamdani mayor, you know, the fact that he's going to be mayor, we have to have Elise Stefanik. Elise Stefanik understands the powers. She's also a lot smarter than Kathy Hochul. Have you seen a organization getting ready? I mean, she's officially announced, but are you seeing some groups, not only Jewish groups, but just the same groups in New York getting really ready to do what's necessary here? Because they didn't knock on enough doors for Jack Cittarelli in New Jersey or for winsome Earl Sears in Virginia. Hopefully everyone's learned a lesson from that.

[Erie Trout]

Erie 100%. I mean, Kathy Hochul, the worst governor in America, her coalition continues to shrink and grow small. Her own hand picked lieutenant governor is primaring her. New Yorkers can spot a phony and a weak politician from a mile away. Kathy Hochul embodies both. And at the same time, you've got momentum for Elise Stefanik rising and growing. Her coalition is getting larger Democrats for Elise. I mean, Elise Stefanik is one of the most bipartisan members of Congress. And she wants to. She's determined, she's principled, she's relatable. She's a working mom who comes from a small business family. She understands what rising energy costs, overregulation, high utility bills does to families. She wants to make New York more affordable. She wants to make it safer. And you mentioned Jewish Americans. Jewish Americans. Kathy Hochul has completely thrown Jewish New Yorkers under the bus. And make no mistake, it did not happen with her endorsing Zoran Mandani. It started with years ago. This was the most egregious, I think, development in her career in terms of Jewish Americans. But anti Semitism, New York leads the nation in anti Semitic incidents. It reached a historic high last year. She, you know, she could have used her authority to fire Alvin Bragg. She never did that. She could have reinstated an anti masking law. She never did that. For Kathy Hochul. Protecting the anonymity of pro Hamas protesters was more important than protecting the safety of Jewish students. Who was on the steps at Columbia University? That was Elise Stefanik. Wasn't Kathy Hochul who was visiting the Hillel and showing support for Jewish students. That was Elise Stefanik, not Kathy Hochul. And Jewish New Yorkers, Democrats, they are throwing their support behind Elise Stefanik. They know Kathy Hochul is a phony. And we have only, you know, our security is at risk with her as governor.

[Jake Novak]

Yeah. Also, by the way, on the steps of Columbia University was the speaker of the House, Mike Johnson, an evangelical Christian from Louisiana, standing up for the Jewish students there. I will never forget that. I'm very, very grateful for that. And it's a shame that more people don't talk about that, especially a lot of Jewish voters in New York. A real, real situation there. Irene, I'm sorry, we had a little bit of technical difficulties. I wanted to talk quickly about how Kazakhstan is joining the Abraham Accord as we did have some good news this week. We will get you back on real soon and talk about that, but have a great rest of your week and always great to have you on the program. Thank you.

[Erie Trout]

Thank you. Thanks so much.

[Jake Novak]

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[David Brody]

Well listen, I agree with all of that but I like to add on the DOJ as well. What have we seen exactly how many arrests have we seen, Jake? I think it's two. I think it's two. And had to do with what happened in Texas, I'll have to double check that but I'm pretty sure what happened in Texas. But what about in Portland? What about what we're seeing there? I'm talking about like, like not just local arrests and bringing them down to the police station. I'm talking about charged with terrorist related, terrorism related crimes. Where is Pam Bondi on all of this exactly? Cuz this has been going on for a while now so I have a question about that and also I'm gonna be quite honest, I'm gonna train my words, I'll be careful how I say that. Train my words on Candace Owens and people like that. Listen, Candace Owens we know is not conservative, she's not even far right. She's anarchist. I'm not gon antifa but on the Circle if you will, when you have the anarchist left and the anarchist right, they pretty much kind of meet almost there. And what she's doing when she's blaming in essence the feds for Charlie Kirk's murder, that's antifa talk. I mean, you know, I'm sorry now I'm not saying antifa is blaming the feds for Charlie Kirk's murder, but Antifa is against the feds at every single level. But that's what Candace Owens is saying. And then you throw in the zionism, the anti zionism stuff, which is exactly what these antifa folks believe as well. Look, you know, it's people like Candace Owens and let's be honest, millions of others that are a danger on the anarchist right. Not the far right, not the conservative right, the anarchist right. There's a big difference. And they are definitely not maga, FYI. Let's make that perfectly clear.

[Jake Novak]

Yeah. And understand something. The assassination of Charlie Kirk doesn't make these people cower and hide and think, maybe we should cool off. It's a clarion call to them. They figure, oh, we're killing people now. Where do I sign up? That's what's going on right now. I've seen it before. All right, American Sunrise coming up the next two hours. I'll be joining you around 9. 25American Center. This is an I Heart podcast.