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Ben Ferguson
Welcome. It is verdict with Senator Ted Cruz. Ben Ferguson with you. Senator, we have got a lot to talk about, including some shocking economic numbers that are telling a large percentage of Americans that home ownership may not be attainable for you under the Biden administration's bidenomics.
Senator Ted Cruz
Well, the reality of bidenomics is coming home to roost for a lot of people. And the latest stats are showing that more than half of Americans are no longer in a position to afford a median priced home. It is stunning and it is imposing real harms on real Americans. We also have the latest stats of what's happening at the border and in particular a Chinese invasion under Joe Biden. The number of Chinese nationals crossing the border is skyrocketing under Joe Biden going up and up and up. We're going to break all that down. And finally we're going to talk about Robert F. Kennedy, Jr. And in particular he went on CNN. CNN threw him what they thought would be a just softball to say Trump is horrible at a threat to democracy. And Robert F. Kennedy, Jr. Shocked CNN by saying no. Actually he thought there was a very serious argument that Joe Biden was a much greater threat to democracy than Donald Trump. We're gonna break that down as well.
Ben Ferguson
Before we get to all that, I want to talk to you about what you can do to help people in Israel right now. We all know about the atrocities that were committed by Hamas last October, which kicked off a vicious war as Israel is defending herself from terrorists. Now on every side, the toll on the Israeli people is real. It is staggering and it's massive. Hundreds of thousands of Israelis have been forced from their homes, entire communities torn apart. Lives have been devastated by death and destruction and war. The International Fellowship of Christian and Jews, known as IFCJ is right there in the middle of it. Each and every day they are distributing right now critical essentials like food, medicine and emergency supplies for hundreds of thousands of suffering Jews that have been displaced. The need is great and that's why I am partnering with IFCJ today. And I want you to get involved in help. I want you to visit supportifcj.org to help. Every donation is urgently needed to help the people of Israel. A lot of people have said, how can I help? This is how you can help to give the International Fellowship of Christian and Jews. All you have to do is go to supportifcj.org and give as generously as you can because your gift will be matched to double in impact and help provide twice the support. Right now. Again, that's supportifcj.org supportifcj.org thank you and God bless. Senator, let's talk about this shocking new data that's come out. Fox News kind of broke it. And they said Americans now need an annual salary of at least 110,000 to afford a medium price home. That is up from about 74,000 in 2020. That is staggering.
Senator Ted Cruz
Yeah, it's a dramatic shift. And this is Bidenomics is hurting Americans across this country and it's hurting virtually everyone. It's hurting seniors. Seniors are getting hammered by bidenomics because inflation is driving up the cost of living, the cost of everything they're spending, and yet they're on a fixed income. But bidenomics is also really hammering young people, young couples that are buying their first home. They're facing the simple reality. You come out to get your first home, you're all excited, you want to have a home, you want to raise a family. And they're discovering both home prices have risen dramatically under Joe Biden, but also interest rates. Young people, many young people, look, people in their 20s, even people in their 30s, have never known inflation. They've never known what it was because we've been living in a little bit of a holiday from history where inflation hasn't existed. And suddenly people buying their first home, or for that matter, their second or third or fourth home, as they progress in life, are discovering that the home they used to be able to get at a 2.5% interest rate, now they can get half as much home at a 7% interest rate. And that is meaning a lot of people are not able to buy homes. They're locked into whatever home they're at because they need the interest rates low. And those rates are locked in. Although if they have an adjustable rate mortgage, a number of those are headed towards expiring, which is putting people at a fiscal cliff. But they're also finding if it's your first home, a whole lot of people just home ownership is beyond their reach. And the median price home, look, it's worth refreshing some basic math. There are a number of different ways to think of averages. There's the mean, which is the average. You take all the different prices and you average them together. And the average price is if there's one that's 100 million and a bunch that are lower, the average will rise higher because of the 1. The median is a very different measure. It's not the average price, but it's rather the middle price, the midpoint price. The median price means half the prices are higher and half the prices are lower. So it's identifying the highest point on the bell curve and what is striking. And we're going to play right now what Fox News said about this. The median priced home is now significantly above the median salary. And that is meaning for many Americans, homeownership, particularly if you don't have a home already, is being priced out of reach by Joe Biden.
CNN Host
The average home buyer needs to make over $110,000 to afford the average home. A new bank rate study showing that the required salary to make that purchase has jumped 46% in just four years. Homebuyers only needed to make 76,000 back in 2020. And the issue widespread. You now need a six figure salary to buy the average home in 23 states, including the District of Columbia. Four years ago, that number was just six. Mortgage rates, of course, have played a small role in the bump. But home prices have by and large kept pace with the needed salary to buy them. The average home up 42%, sitting at $412,000. Now, even though the housing market may be pricing people out, people shouldn't be too quick to think that renting is the solution. Since President Biden took office, rents are up nearly 21%.
Ben Ferguson
You look at the rent numbers there and let's just go through some of those data points real quick. Senator. You look at your salary and if you look at your salary, January 2020, they said you need $75,939 to afford the median price home. Now you need 110, $871. That is a 46% increase. Ask the average American if they've received a 46% raise in the last four years. The answer is going to be no.
Senator Ted Cruz
Well, that's exactly right. And you know, 46% is a stunning number because Joe Biden has been president barely a little bit over three years. Three years and three months. That's not very long. Three years and three months to have home prices go up 46%. That is a massive impact on people trying to purchase a home. And, and, and listen, $76,000 is, is a lot of money. That, that is, but, but comparatively, going from 76,000 to $111,000 in three and a half less than three and a half years. That is the very real impact of Joe Biden and the Democrats printing trillions of dollars we don't have. And it is hurting Americans across this country as home ownership is getting less and less affordable.
Ben Ferguson
You also look in there, they were talking about. And just again, it's a perspective issue here. States where you needed six figure salaries or more to afford a home. January 2020, only six states. Now this is spread nationwide. 23 different states plus District of Columbia. You've got to make now more than six figures plus to afford home ownership. That is Bidenomics hitting everybody across this country.
Senator Ted Cruz
Well, and Ben, you know who doesn't care about this? Democrats. So one of the most important political shifts. It used to be conventional wisdom that Republicans of the party of the rich and Democrats of the party of the poor and working class that's been turned on its head. I think the most significant political shift of the last decade is today Democrats are the party of the rich. So if you talk to Democrats, I don't know a Democrat senator who cares about this because frankly, who are they listening to? They're listening to big tech billionaires. They're listening to the super wealthy lawyers and, and Hollywood producers. They are the hedge fund party that is the Democrats today. And you know who they're not the party of anymore? Steel workers, truck drivers, cops, firefighters, teachers, waiters, waitresses, Working men and women the Democrat party has abandoned, they've left behind. And so the people that are getting hammered by this and by the way young people and Democrats want to convince young people, hey, we're all for you because, because we're just gonna focus on social issues. And listen, if you're young, the Democrats tell you the only thing you should care about is transgenderism. Apparently it is the most important issue on planet earth. Not a homicidal ayatollah trying to murder us, not an invasion at our southern border. Not the fentanyl crisis and the drug overdoses. None of those are the problem. Transgenderism is the issue that you as a young person should care about intensely. Well, you know what, there are a lot of young people, like maybe you're in college and you buy that nonsense, but then you get out of school and you're like, wait a second, I gotta pay for an apartment. How much is rent again? Wait, rent? I can't afford rent. And by the way, look, that Fox news story was really striking. If people can't afford to buy a home and they can't afford to rent, well, that's kind of a problem. What are they supposed to do? What's, what's the alternative to those two things? And it is the working men and women who bidenomics is leaving behind in the dust.
Ben Ferguson
Yeah, 20% plus rent rates are up on average nationwide. Well, I've Never said this before, Senator, but the Fox News story that we played was actually the best way of presenting the problem. Yahoo Finance came out and said it's actually worse than the way they reported on Fox. Here is what they said. When it came to homebuyers, they actually said, in reality, home buyers need to earn 80% more than they did in 2020 to afford a home in today's market. If you're looking at overall home prices, Listen to this from Yahoo. Finance. Many Americans homeownership is seeming more and more out of reach. According to to new analysis from Zillow, home prices have jumped 42% since 2020. But the average person needs to earn 80% more than they did at that time in order to comfortably afford a home in today's market. Senator, it's interesting how they looked at this. They're saying there are different ways to look at it. They look at it as the issue of can you comfortably afford a home in today's market? To comfortably afford a home in today's market, they say you need to earn 80% more than you did in 2020 because of the skyrocketing cost of the home, interest rates, inflation, everything else. So they're saying, hey, it's even worse than what the best case scenario data shows you here. And they said, quote, today those shopping for a home need to earn 106,000 annually to afford a median price home. But, but this is the part that you don't understand. The cost of insurance, the cost of heating, the cost of, of everything when you own a home has gone up so much more that you need to earn 80% more than you did in 2020.
Senator Ted Cruz
Well, that's right. And it's striking. It makes you ask, why would the Democrats be doing this? Listen, the classic question in any election is are you better off now than you were four years ago? And for the overwhelming majority of Americans, the answer to that is, hell no. That under Joe Biden, people who are, who are working class, people who are seniors, people who are young, people who are struggling, people are getting started, people who want to buy a home, people who want to rent, all of them, their life has gotten much harder. And you know, it reminds me of what we talked about two days ago on Monday's pod, which is California this week on Monday imposed a new $20 minimum wage for fast food restaurants with more than 60 stores. Now, one of the things that's striking, California exempted Panera Breads, which just happens to be owned by a very close friend of the governor, Gavin Newsom. So it's a classic example of Democrats, you know, cronyism that they will give special gifts to their buddies who happen to be big campaign contributors. And everyone else has different rules. But what we saw this week is thousands and thousands and thousands of Californians being laid off because of this new law imposed by the Democrats. Just Pizza Hut. There were over 1,200 people laid off. And you know, last night I was having dinner with a number of friends and they were asking, why would the Democrats do this? Wouldn't they understand? Wouldn't people in California get pissed off? And what I told them then, and this is actually highly relevant to the home ownership question, what I told my friends we were having dinner is I said, listen, they're making a gamble that enough of the voters will not understand who is to blame. So There are over 500,000 fast food employees in California. A bunch of them will get a pay raise. The ones that don't get laid off, the ones whose employers don't go bankrupt and go out of business, the rest of them will get a pay raise. By the way, people that get a pay raise are likely the ones that are more highly skilled. The ones who will lose their jobs are likely more likely to be teenagers. Many of them are low income, Many of them are African American, many of them are Hispanic. They're the ones just getting started in their careers. They're the ones who get devastated by Democrats. But I explained, I said, look, the people getting free stuff, the Democrats are gambling politically, they'll be grateful. Hey, the Democrats gave me free stuff. I like free stuff. That's good. And the people getting screwed, the Democrats are gambling, they will not understand who it is is screwing them. And in fact, the Democrats plan when it comes to California is just demagogue their employers and say your mean old employer just hates you. And that's why they laid you off. Not because I, the Democrat priced you out of the market and made it impossible for them to stay in business and pay you the new wage I mandated. Well, the same is true with, with the higher price of home owner ownership, which is the Democrats plan is they're assuming a lot of the voters will not connect the crazy multi trillion dollar spending spree that Joe Biden and the Democrats went on with the inflation and with the higher interest rates. And in fact, they'll do the same thing they do with fast food. They will demagogue in this case the big bad homemakers, the big bad banks that are making mortgages because you know, it's just a bank being mean that they're charging 7%, they really should charge 2%. Nevermind. The Fed has increased rates over and over and over and over again because the Democrats have printed trillions of dollars in in, in new money. What the Democrats are cynically planning on is, number one, a fair number of voters being economically illiterate, not understanding supply and demand, not understanding who's to blame, and number two, they want to contribute to that by blaming people who did not impose these policies. And that's what we're seeing happening across the country.
Ben Ferguson
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Senator Ted Cruz
No, that's exactly right. And I will say Bill Belugian at Fox is doing an incredible job reporting at the border. He is doing, frankly, the best job of any reporter there is. And most of the rest of the media doesn't report at all. So CNN apparently has no reporters. They don't report at the border crisis. Abc, NBC, cbs, they have no reporters. They don't report on the border crisis. NBC actually hires no Republicans, no one who voted for Donald Trump. So apparently their viewers don't want to know what's happening at the border crisis. But let's just look at the numbers. All right, fiscal year 2021. Do you know how many Chinese nationals were arrested crossing the border illegally?
Ben Ferguson
How many?
Senator Ted Cruz
342. So that's. Look, 342. That's 342 too many. But that sounds like a manageable number. The next year, fiscal year 2022, it goes from 342 to 1,987. Now that's a big jump, 342 to 1,987. Wow. Joe Biden came in office and Suddenly instead of 342, you have nearly 2,000 Chinese nationals. Big jump. But even so, I'm not sure 2000 Chinese nationals is crisis level. Let's go to fiscal year 2023. It goes from 1,987. Do you know where it goes next year 2023?
Ben Ferguson
Where does it go?
Senator Ted Cruz
To 24,125.
Ben Ferguson
Wow.
Senator Ted Cruz
So it goes from less than 2,000 to 24,125. And how about fiscal year 2024? We're halfway through fiscal year 2024. So if we were on the same pace as fiscal year 2023, which is 24,000, you'd expect halfway through about 12,000. Right?
Ben Ferguson
Sure.
Senator Ted Cruz
You know how much, how many have Chinese nationals have been apprehended at the border in the first six months of fiscal year 2024?
Ben Ferguson
I'm genuinely afraid just because I've seen the other numbers, and I'm assuming it's going to probably be even double what it's going to end up looking like from last year.
Senator Ted Cruz
22,000, 233. By the way, since this is halfway through the fiscal year. If you double that, that means we're on pace for 44, almost 45,000 Chinese nationals now since fiscal year 2021. That is a 6,300% increase. Now, last I checked, Ben, and I don't have a globe in front of me, so maybe I'm wrong, but China is not immediately to our south, is it?
Ben Ferguson
No, it is not.
Senator Ted Cruz
It is really far away across the Pacific Ocean, nowhere near our southern border. And yet we've got a massive invasion. And by the way, I've been down at the border. I've seen at the border. I was down in Brownsville last year when I was down in Brownsville. And at the time we were seeing a massive Chinese influx coming across there. And most of the Chinese nationals that were coming were military age men. They were young men, mostly in their 20s, some in their 30s, young, single men. They didn't have wives, they didn't have kids. They were just there. Now, the last I checked, having 50,000 military age men from communist China should be a big damn deal.
Ben Ferguson
And yet, and the reason why you say that so people understand is the intelligence is overwhelming that China does a really good job of getting spies in this country. They also get a really good, they do a really good job of bringing in people that are going to come in and steal our technologies. And still, I mean, countless. China is the masters of stealing everything that we do. And they do this all over the world. But if you have that many coming across, the question is, what are they offloading from this country? What are they stealing? When it comes just to trades and secrets and manufacturing, the list could go on and on.
Senator Ted Cruz
Well, that's right. And those are the numbers just of the arrests you put on top of that, the gotaways. So the vast majority of people at the southern border come and turn themselves in. They go look for a border patrol agent. They turn themselves in because they know Joe Biden and Kamala Harris and the Democrats will let them stay. But there's also a different group that are called gotaways. And they're the ones that don't turn themselves in. They're the ones that we're aware of. We see footprints, we see them moving, but they get away. The gotaways are the most dangerous group. They are much more likely to be criminals. They're much more likely to be murderers and rapists and child molesters. They're much more likely to be gang members. Ms. 13 and they're much, much, much more likely to be terrorists. If you're a Hamas terrorist, if you're a Hezbollah terrorist, if you're coming to try to commit mass murder in the United States and you're on the terror watch list, you're not likely to turn yourself into the border patrol. You're going to be or you're going to try to be a gotaway. Now, you know what Bill Malugian reported on April 1? How many got aways do you think were recorded at the border the previous day on March 31st?
Ben Ferguson
Give it to me, I gotta know.
Senator Ted Cruz
919 in one day, in one single day. Now those are gotaways we know of, by the way, there are additional gotaways we don't know of. The gotaway measure is we're aware of them, we have some indication they were there, but they got away. So the real number of people who crossed illegally got away is going to be substantially higher than 919. But those are the known gotaways. Do you know what the seven day average of known got aways and known as important, what is it? 761 per day, every day, day after day after day. The seven day.
Ben Ferguson
They know these numbers. They know these numbers.
Senator Ted Cruz
These are from the Biden administration. This is from Border Patrol. These are their numbers. It's just the media doesn't report on them. And so I want you to think Hamas has called for jihad against the United States. Palestinian Islamic Jihad has called for jihad against the United States. Hezbollah has called for jihad against the United States. The Iranian Ayatollah has called for jihad against the United States. Does it give you comfort that in the last week, 761 known got aways got away day after day after day? And how many of those were terrorists seeking to commit mass murder in this country that Joe Biden the Democrats do not care about and are doing nothing to stop?
Ben Ferguson
And the question I have for you, Senator, is is this because illegal immigrants are understanding that hey, this window may close if Joe Biden doesn't win reelection. And so they're saying, hey, hurry up and get your tail here. Because it seems to be the numbers as you just described them are increasing.
Senator Ted Cruz
Significantly in any country on earth. If you send 50,000 of your nationals to invade that country, that is an invasion and it's a military invasion. Well, you know what we just described how on fiscal year 2024, that's the pace China is on to have sent 50 thousands of their nationals to invade this country illegally. And they are aided and abetted by Joe Biden and the Democrats who not only are doing Nothing to stop them, but are doing everything they can to facilitate their coming. When they show up, what does Biden do? He lets them go. He lets them stay. And so, you know what you do if you're Communist China, you send even more.
Ben Ferguson
It's incredible. And this is the threat, as you described it, national security. That's the thing that keeps me up. And my final question for you on this is, my biggest concern is not. Is no longer the numbers that are coming in. My biggest concern, Senator, is the number of people that are coming in that are. That are wanting to do harm to this country. And I'm talking about terrorists. Terrorists coming into this country. We have no idea who's getting into this country right now.
Senator Ted Cruz
Ben, I've said this many times, and it makes me sad to say it, but I think we have the greatest risk of a major terrorist attack right now that we have had at any point since September 11, 2001. And sadly, I believe we are living on borrowed time, that it's only a matter of time when you have feckless Democrats open up our border to this invasion. Day after day after day, week after week, month after month, year after year, the volumes are getting so great that it is inevitable that Americans are gonna lose their lives. We've already seen the victims of crimes because Joe Biden released murderers, released rapists, released child molesters, released vicious criminals into this country and is releasing them every day. We've already seen those body bags tragically piling up. And. And. And. And I tremble to think about when terrorism kicks in. And. And those body bags, I. I hope and pray this is not the case, but they could well increase dramatically. And every day that goes by that you let more and more potential terrorists in this country, the odds of those attacks go up.
Ben Ferguson
Yeah. And we know for a fact we're letting terrorists in because we're catching some of them and many of them that are on the terrorist watch list, a record number in the last three months of the fiscal year. We're proof of that that we just witnessed, and that's coming from the Biden administration. I want to ask you a question real quick. If you're listening right now. How mad would you be if I told you that you were making donations Planned Parenthood every month? How mad would you be if I told you you were giving donations to Democratic causes and candidates nationwide? Well, if you're with Big Mobile, that's exactly what you are doing. You may not realize it, but they take your bill when you pay that bill, and they are giving Huge donations to hardcore leftist causes, organizations, candidates, including Planned Parenthood. That is why I want you to know about Patriot Mobile. Patriot Mobile is the only conservative Christian cell phone provider in the nation. They've been doing it for over 10 years and they got started because they were sick and tired of what Big mobile was doing. Now look, I switched to Patriot Mobile and I can tell you the coverage is amazing. Now that's the number one reason why people actually don't make the switch. They're afraid their coverage isn't going to be good. Well guess what? Patriot Mobile uses the same three networks that the big guys use and that means you get the same coverage that you're used to right now without funding the woke left agenda. I want you to take a look at Patriot Mobile because when you pay your bill every month at no extra cost to you, they actually take about 5% of that bill and give it back to conservative causes that support the sanctity of life, support freedom of speech or second amendment, that support conservative causes and organizations. That is why I love Patriot Mobile. It's why I'm proud to be partnering with them and it's why I have Patriot Mobile as my provider. So check them out. 972-patriot is the number. That's 972-patriot.972patriot or patriotmobile.com verdict call them, use the promo code verdict and you're going to get free activation and the best pricing of the year. 972 Patriot or patriotmobile.com verdict make a switch and make a difference with every phone call you make. Senator, finally I want to talk about our RFK Jr. CNN decided to have him on and they thought they were giving him a softball question that was going to be easy and he's going to rip on Donald Trump. Tee it up from there because it didn't go the way they thought it was going to go at all.
Senator Ted Cruz
Well, that's exactly right. CNN tossed RFK Jr. A question that they thought RFK would say, oh yes, Trump is clearly the manifest threat to democracy and so you really should vote for Joe Biden instead. Well, RFK did not play along and listen to this exchange because CNN was astonished at what RFK had to say.
CNN Host
Eyes on too many issues. While I admire his high minded ideals, his suggestion that there is no difference between Mr. Gore and Mr. Bush is irresponsible. A moment ago you said you, you essentially see Trump and Biden as the same, different, different issues. But do you really believe that when people talk about the threat to democracy that Trump poses, do you really think that that is. Is an equal evil to Biden?
Robert F. Kennedy Jr.
I mean, listen, I can make the argument President Biden is a much worse threat to democracy. And the reason for that is President Biden is the first candidate in history, the first president in history that has used the federal agencies to censor political speech. So to censor his opponent. I can say that because I just won a case in the federal court of Appeals and now before the Supreme Court that shows that he started censoring, not just me, 37 hours after he took the oath of office, he was censoring me. No president in the country has ever done that. The greatest threat democracy is not somebody who questions election returns. But a president of the United States will use the power of his office to force the social media companies, Facebook, Instagram, Twitter, to open a portal and give access to that portal to the FBI, to the CIA, to the irs, the cisa, the nih, to censor his political critics. President Biden for the first, first president history to use the secret. His power over the Secret Service, to deny Secret Service protection to one of his political opponents for political reasons. He's weaponizing the federal agencies. Those are really critical threats.
CNN Host
Donald Trump, of course, tried to overturn a free and fair election. He tried to overturn one. Right. Is he still fighting for. How is that not a threat to democracy?
Robert F. Kennedy Jr.
Well, I think that is a threat to democracy. If him overthrow. Trying to overthrow the election, clearly a threat to democracy. But the question was, who is the worst threat to democracy? And what I would say is, I, you know, I'm not going to answer that question, but I can argue that President Biden is, because the First Amendment, Aaron, is the most important. Adams and Hamilton and Madison said we put the guarantee of freedom of expression in the First Amendment because all of our other constitutional rights depend on it. If you have a government that can silence its opponent, it has license for any atrocity.
CNN Host
So just to be clear, you're saying you could make an argument that President Biden is a worse threat to democracy than.
Ben Ferguson
You listen to that, Senator. And it's like, they're like, well, hold on. This is not what you're supposed to say. This is not this. You were supposed to say, Donald Trump, Orange Man's bad and a threat to democracy. Obviously you weren't supposed to say Joe Biden's actually a bigger threat. And by the way, explain exactly how he is.
Senator Ted Cruz
Warning Will Robinson. Warning Will Robinson. Danger, Danger, danger. Abort. Run away. Run away. That's what CNN is saying. They're losing Their minds. No, no, that's not the message. The only message we allow on CNN is trump bad. Trump bad. Trump bad. You're RFK Jr. Your dad was RFK, your uncle was JFK. You're supposed to echo our message. Trump Orange man bad. Orange man bad. Look, I gotta say, listening to that, I agree with every single word Robert F. Kennedy Jr. Said right there. When it comes to a threat to democracy, number one, Joe Biden, and for that matter, Congressional Democrats are perfectly happy to use government power and big tech to censor you, to silence you, to prevent you from engaging in political speech, to prevent you from disagreeing with them. They want to use force to silence you. Secondly, he pointed out Joe Biden is disgracefully denying Robert F. Kennedy, Jr. Secret Service Protection, that despite the fact that he is clearly polling at the thresholds that would merit that protection, that he is facing significant threats of political violence against him and the tragic family history. His father was assassinated when he was running for president. His uncle was assassinated when he was president. And Joe Biden and the Democrats are cynical enough that they're willing to risk, well, okay, if RFK Jr gets assassinated, that's a risk Joe Biden's willing to take. It is disgraceful. And we've. We've called that out on this po, on this podcast before, that, of course, Joe Biden should give RFK Secret Service protection. That's following the law. That. That is consistent with the law. It's consistent with precedent. And the only reason not to is pure partisan politics. Let me say something else. Look, I have conversations with people all the time. I have conversations with people today where they make comments about, gosh, I'm worried if Trump wins, he's an authoritarian, he's a dictator. I'm worried what he will do. And, you know, my standard response is, listen, I understand that. And sometimes Trump has rhetoric that can be used to suggest that. That being said, we don't have to hypothesize what Trump will do as president. He was president for four years. And if you look at the time he was president, he didn't abuse his power. He followed the law. If you look at the policies he implemented, and I worked hand in hand with Donald Trump, the policies he implemented worked. We saw the lowest unemployment rate in 50 years. We saw the lowest African American unemployment ever recorded. We saw the lowest Hispanic unemployment ever recorded. We saw peace and prosperity. We saw the border secured. We saw peace breaking out in the Middle east and the Abraham Accords. All of that played out. And if you look at What Trump did, he didn't defy the law. He didn't ignore the law. He didn't issue lawless executive orders. He followed the law. Now, he demonstrated courage. He made decisions that were bold, but they were within the law. Contrast that to Joe Biden. Joe Biden, number one, is responsible for profoundly politicizing the Department of Justice and the FBI. Number two, is responsible for the greatest assault on democracy we've ever seen, which is the four indictments of Donald Trump. The abuse of the legal process designed, mind you, Trump is not the target. The voters are the target. They're terrified the voters will vote for Trump and they're trying to prosecute, for the first time in history and the second time in history and the third time in history and the fourth time in history, a former president and a leading presidential candidate, because they want to stop democracy from playing out. To be clear, also, these are the same Democrats that in Colorado, in Illinois and Maine threw Donald Trump off the ballot. Because, you know, nothing says defending democracy like stopping the damn voters from voting for the person you don't want them to. This is Democrats. And let's be clear, also Joe Biden, when it comes to being a dictator, to being lawless, look at what he's doing on the southern border. He's utterly ignoring federal immigration law. He's releasing people into this country. He's releasing criminals into this country. He's endangering this country. 10.4 million illegal immigrants. It is lawless. No president has ever done this. Barack Obama didn't do this. Bill Clinton didn't do this. Jimmy Carter didn't do this. Only Joe Biden is brazenly lawless. Let's be clear. Also, when it came to student loans, Joe Biden, trying to buy votes, tried to give away a trillion dollars, a trillion dollars, just in an effort to buy votes and win elections. Now, a president can't give away a trillion dollars without Congress passing legislation to do so. Joe Biden knows that. The lawyers at his administration know that. They didn't care. They wanted to lawlessly be political. And so of course, what happened? The Supreme Court struck it down and said, no, the president doesn't have the ability to give away a trillion dollars just to buy votes. By the way, same thing happened with COVID vaccine mandates. Utterly lawless, abusive, trying to force people to get Covid vaccines. The president had no authority to do it. Biden administration did. So anyway, what happened, The Supreme Court struck it down, said, this is lawless. This is not the federal law. You look at who actually has been lawless and dictatorial. And I agree with rfk. There's a powerful argument the answer to that is Joe Biden and not Donald, Donald J. Trump. And that makes CNN and every other corporate media entity their heads explode.
Ben Ferguson
Yeah, it was quite hysterical to listen to that audio. Don't forget Senator Cruz and I do the show Monday, Wednesday and Fridays. And on those in between days, you can also grab my podcast, the Ben Ferguson Podcast. I'll keep you updated on the latest breaking news. Make sure you hit that subscribe Follow auto download button. Depending on where you are listening right now and the center, I will see you back here on Friday morning.
The 47 Morning Update with Ben Ferguson Episode: Bidenomics Makes Home Ownership Unaffordable, Chinese Nationals Invade Our Southern Border & RFK Jr. Identifies Biden as the Biggest Threat to Democracy Release Date: April 3, 2024
In this compelling episode of The 47 Morning Update, host Ben Ferguson engages in a deep and insightful conversation with Senator Ted Cruz. Together, they dissect pressing issues affecting America today, including the ramifications of Bidenomics on homeownership, the surge of Chinese nationals crossing the southern border, and Robert F. Kennedy Jr.'s provocative stance on President Biden's threat to democracy. Below is a detailed summary of their discussion, enriched with notable quotes and timestamps for reference.
Economic Strain on Americans: The episode opens with Senator Ted Cruz addressing alarming economic statistics that reveal a significant decrease in Americans' ability to afford median-priced homes under the Biden administration's economic policies, dubbed "Bidenomics."
"The reality of bidenomics is coming home to roost for a lot of people. And the latest stats are showing that more than half of Americans are no longer in a position to afford a median priced home. It is stunning and it is imposing real harms on real Americans."
Impact on Different Demographics: Cruz elaborates on how Bidenomics disproportionately affects seniors on fixed incomes and young couples aspiring to purchase their first homes. The surge in home prices and interest rates has created an insurmountable barrier for many.
"Young people, many young people, look, people in their 20s, even people in their 30s, have never known inflation. They've never known what it was because we've been living in a little bit of a holiday from history where inflation hasn't existed."
Median Salary vs. Home Prices: Cruz explains the difference between mean and median home prices, emphasizing that the median price has risen sharply, making homeownership unattainable for many without significant salary increases.
"The median priced home is now significantly above the median salary. And that is meaning for many Americans, homeownership, particularly if you don't have a home already, is being priced out of reach by Joe Biden."
Rising Rents: Ben Ferguson highlights that alongside soaring home prices, rents have also increased by nearly 21% since President Biden took office, compounding the financial strain on Americans.
"CNN Host: The average home buyer needs to make over $110,000 to afford the average home... Even though the housing market may be pricing people out, people shouldn't be too quick to think that renting is the solution. Since President Biden took office, rents are up nearly 21%."
Senator Cruz on Economic Policies: Cruz underscores how inflation and government spending under Biden have eroded purchasing power, making both homeownership and renting increasingly unaffordable.
"46% is a stunning number because Joe Biden has been president barely a little bit over three years. Three years and three months to have home prices go up 46%. That is a massive impact on people trying to purchase a home."
Changing Party Dynamics: Cruz argues that the traditional political alignment has shifted, with Democrats now representing the interests of the wealthy rather than the working class.
"One of the most important political shifts. It used to be conventional wisdom that Republicans are the party of the rich and Democrats of the party of the poor and working class that's been turned on its head."
Impact on Working Americans: He criticizes the Democratic Party for abandoning blue-collar workers, highlighting policies that benefit the wealthy while neglecting essential working-class jobs.
"Democrats are the hedge fund party that is the Democrats today... They are abandoning steel workers, truck drivers, cops, firefighters, teachers, waiters, waitresses, working men and women."
Data Overview: The discussion shifts to national security, focusing on the unprecedented increase in Chinese nationals attempting to cross the U.S. southern border illegally under the Biden administration.
"Fiscal year 2021, do you know how many Chinese nationals were arrested crossing the border illegally? 342."
Exponential Growth: Cruz presents a startling escalation in numbers, from 342 arrests in FY2021 to an anticipated 44,000 by FY2024, marking a 6,300% increase.
"Biden administration... are sending 50,000 of their nationals to invade that country. That is an invasion and it's a military invasion."
National Security Concerns: They delve into the potential threats posed by these individuals, including espionage and terrorism, emphasizing the lack of effective measures by the current administration to halt this influx.
"I think we have the greatest risk of a major terrorist attack right now that we have had at any point since September 11, 2001."
Unexpected Interview Outcome: Senator Cruz recounts an interview between RFK Jr. and CNN, where RFK Jr. unexpectedly identified President Biden as a more significant threat to democracy than former President Trump.
"RFK did not play along and listen to this exchange because CNN was astonished at what RFK had to say."
RFK Jr.'s Arguments: RFK Jr. criticized Biden for using federal agencies to censor political speech and for denying Secret Service protection to political opponents for partisan reasons.
"I can make the argument President Biden is a much worse threat to democracy... President Biden is the first candidate in history that has used the federal agencies to censor political speech."
Cruz's Agreement: Cruz wholeheartedly agrees with RFK Jr.'s assessment, contrasting Biden's alleged authoritarian actions with Trump's record during his presidency.
"Joe Biden and the Democrats are perfectly happy to use government power and big tech to censor you... They want to use force to silence you."
Economic and Security Crises: Ben Ferguson and Senator Cruz conclude by reiterating the intertwined crises of economic hardship due to Bidenomics and the national security threats from the border influx.
"Don't forget Senator Cruz and I do the show Monday, Wednesday and Fridays. And on those in between days, you can also grab my podcast, the Ben Ferguson Podcast."
Call to Action: Ferguson encourages listeners to stay informed and engaged by subscribing to the podcast and following for more updates on these critical issues.
Notable Quotes:
Senator Ted Cruz (00:20):
"More than half of Americans are no longer in a position to afford a median priced home. It is stunning and it is imposing real harms on real Americans."
Senator Ted Cruz (03:14):
"Young people... have never known inflation... they're discovering that the home they used to be able to get at a 2.5% interest rate, now they can get half as much home at a 7% interest rate."
Senator Ted Cruz (08:35):
"I think the most significant political shift of the last decade is today Democrats are the party of the rich."
Senator Ted Cruz (20:07):
"Fiscal year 2021... 342 Chinese nationals... fiscal year 2024... 44,000... a 6,300% increase."
Senator Ted Cruz (27:15):
"I think we have the greatest risk of a major terrorist attack right now that we have had at any point since September 11, 2001."
Senator Ted Cruz (34:10):
"Joe Biden and the Democrats are perfectly happy to use government power and big tech to censor you... They want to use force to silence you."
Conclusion: This episode of The 47 Morning Update delivers a potent critique of the Biden administration's policies, highlighting significant economic challenges and national security concerns. Through a candid dialogue with Senator Ted Cruz, Ben Ferguson provides listeners with a thorough analysis of how current policies are impacting everyday Americans and the broader implications for democracy and national safety.