Podcast Summary: The 47 Morning Update with Ben Ferguson
Episode: BIDEN Attacks Your Good Credit Score w/ New Socialist Rules That Will Cost You Millions! Plus Electric Tanks Stuck In The Mud & Kids Being Sterilized
Release Date: April 28, 2023

Introduction

In this episode of The 47 Morning Update, host Ben Ferguson engages in a compelling discussion with Senator Ted Cruz, tackling a range of pressing issues from the Biden administration's new mortgage regulations to the proposed transition of the U.S. military fleet to electric vehicles, and the controversial indoctrination of gender identity in schools. The conversation provides deep insights into the perceived overreach of current policies and their broader implications on American society.

1. Biden Administration's New Mortgage Rules: Impact on Homeowners with Good Credit

Key Discussion Points:

• Redistribution of Loan Benefits: The Biden administration has introduced rules through Fannie Mae and Freddie Mac that aim to redistribute loan benefits, making mortgages cheaper for individuals with bad credit while increasing costs for those with good credit scores.
• Potential Housing Crisis Repetition: Senator Cruz warns that these policies could mirror the 2008 housing crisis by encouraging high-risk borrowers to take on unaffordable mortgages, potentially leading to widespread defaults.

Notable Quotes:

• Ben Ferguson [00:01]:
  "The Biden new rule that he wants to put on the American people will redistribute high risk loans and that will cost homeowners with good credit more money to get a loan."

• Senator Ted Cruz [00:47]:
  "They benefit you if you have a low credit score... and then the flip side is...they penalize you, they charge you more if you have a good credit score."

• Ben Ferguson [05:51]:
  "They're forcing people that are responsible good credit to pay more for their mortgages so that you can subsidize those who are higher risk borrowers."

2. Critique of Mortgage Policy as Socialism

Key Discussion Points:

• Socialist Labeling: Senator Cruz categorizes the Biden administration's mortgage policies as socialist, arguing that penalizing responsible behavior while subsidizing irresponsible borrowing aligns with socialist principles.
• Historical Context: References to past policies and their impacts highlight concerns about repeating mistakes that led to financial instability.

Notable Quotes:

• Senator Ted Cruz [10:16]:
  "It's exactly what socialism is and it is the pattern of the left wing."

• Ben Ferguson [07:44]:
  "When you penalize people for being fiscally responsible... we know what socialism is."

3. Electric Military Vehicles: National Security Concerns

Key Discussion Points:

• All-Electric Fleet by 2030: The episode delves into Secretary Jennifer Granholm's proposal for the U.S. military to adopt an all-electric vehicle fleet by 2030, raising serious logistical and operational concerns.
• Readiness and Feasibility: Senator Cruz questions the practicality of such a transition, especially in conflict zones where charging infrastructure is limited or non-existent.

Notable Quotes:

• Ben Ferguson [20:38]:
  "She's trying to use that and put it with the US Military adopting an all electric vehicle."

• Senator Ted Cruz [21:48]:
  "If these are electric weapons, what are you going to do? You're in the middle of Afghanistan, go get a 500 mile long extension cord. It's idiotic."

• Ben Ferguson [23:48]:
  "This is not even remotely doable or logistic. How many charging stations are there in Iraq, are in Afghanistan?"

4. Indoctrination and Medicalization of Gender Identity in Schools and Healthcare

Key Discussion Points:

• Gender-Inclusive Language in Schools: The conversation highlights a Vermont elementary school's adoption of gender-inclusive language, replacing terms like "boy" and "girl" with "person who produces sperm" and "person who produces eggs," respectively.
• Medical Industry Practices: Reference to a Project Veritas undercover report reveals that some medical professionals may be promoting transition surgeries for profit rather than addressing underlying mental health issues.
• Impact on Children: Concerns are raised about the long-term effects of such policies and medical practices on children's mental and physical well-being.

Notable Quotes:

• Senator Ted Cruz [27:16]:
  "No child, no 8 year old, no 10 year old, no 12 year old has the maturity... to make a decision to sterilize themselves for the rest of their lives."

• Ben Ferguson [28:35]:
  "We have a lot of high school and college kids that listen to this podcast. Raise it with your classmates. You think this is a good idea?"

• Senator Ted Cruz [39:25]:
  "There's a lot of our folks at our clinic who are on the opposite spectrum as well... these individuals are engaged in the transgender, all this dysphoria stuff, and we'll make money."

Conclusion and Call to Action

The episode concludes with Senator Cruz urging listeners, especially younger audiences and educators, to raise awareness and challenge these policies. He emphasizes the importance of defending responsible financial behavior, ensuring national security, and protecting children from harmful indoctrination.

Final Remarks:

• Senator Ted Cruz [41:25]:
  "Let's start with one."

• Ben Ferguson [41:23]:
  "This is not a Republican Democrat issue and should never be looked at that way."

Listeners are encouraged to subscribe, leave reviews, and stay informed on these critical issues shaping America today.

Note: Advertisements and sponsor messages interspersed within the episode have been omitted to focus on the substantive discussions between Ben Ferguson and Senator Ted Cruz.