
Loading summary
Ben Ferguson
Welcome in his verdict with Senator Ted Cruz. Ben Ferguson with you on this day after Thanksgiving. Senator, a lot of people driving home today seeing gas prices hit these numbers that they're not liking, even though the administration wants you to believe this is really low right now. And then there's another question, and that is, when do we start putting oil back into our strategic petroleum reserves? The Biden energy advisor was asked about this and his answer was pretty shocking. Take a listen.
Senator Ted Cruz
Well, okay, so a couple of things. Number one, China lockdowns and, and the Fed raising rates and trying to orchestrate maybe a slowdown at least whether it's a recession or not. Those aren't the greatest ways to lower the price of oil. Plus, we've been, you know, tapping the spr, which a lot of people criticize, especially if we're down below $80. We're not today we're back up. But definitely time to end that. Would you start buying, when would you start buying back the oil to try to replenish that? What kind of price would we be talking about now?
Ben Ferguson
Before the White House responds, Senator, let's just set the stage here on the strategic oil reserves so people understand the abuse here. The president decided he's got a problem. Democrats are screaming about the problem. If the price was too high on election day, they thought they would lose, obviously the House and Senate, and it would be a red wave. They decided to take the strategic oil reserves and dump million, then 2 million barrels a day into the marketplace to artificially lower the price. You heard CNBC say a lot of people think this was not how the strategic oil reserves supposed to be used. This is a terrible decision, that this was playing politics. But not only that. Now to replenish that oil, it's going to be a very high price.
Senator Ted Cruz
Well, as you're driving home from Thanksgiving today, I will say there's good news and bad news. The good news is that gas prices went down a little bit over the last few months. The bad news is gas prices are going way, way up over the next two years. In fact, it may be that, that the price you paid to fill up your tank today, it might end up being the lowest price you pay for the next couple of years. Why is that? Because the policies of the Biden administration have waged a relentless war on US Oil and gas production. They want gas prices to go up. They want gas prices not just to be five, six, seven dollars a gallon, which is how high it got on the West Coast. They want it to be 8, 9, $10 a gallon. Because what they want to do is they want to make it so painful for you to fill your tank that you sell your suv, you sell your minivan, you sell your truck and you buy a little Prius and zip along. And their view is the more burden they put on you, they'll force you to comply. Now, the Strategic Petroleum Reserve was established to protect our national security interest so that if we're at a time of war and our supply of oil gets cut off, and it was also established at a time when we were very energy dependent and needed import oil, that our enemies couldn't cut off oil and cripple our economy. So it's there for national security to protect us. Now, the SPR Strategic Petroleum Reserve in some way should be renamed the Strategic Political Reserve because Joe Biden has used it simply as a political fund. So moving into the election, despite the fact that they want higher gas prices, there's one time that they don't want higher gas prices and that is election day. And so Biden has released millions and millions of barrels of oil from the Strategic Petroleum Reserve in order to try to lower gasoline prices. It was purely election day campaigning. By the way. We know it's election day campaigning because we know that when Biden was talking to the Saudis and asking them to delay restricting output, his request was could you just delay it till after election day. So we're past election day. Now, he's perfectly fine with gas prices going up and the degree to which they politically manipulated this is stunning. Now here's something. On top of all of this, Biden is now talking about refilling the SPR when oil hits $75 a barrel.
Ben Ferguson
Yeah, let's play that for people so they can hear the White House's energy advisor telling the world what price he needs to start buying oil again to replenish what we just put out in the market to artificially decrease the price of a gallon of gas, the pump, so they could get reelected on election day in the midterms.
Biden Energy Advisor
So we agree with you. Look, we, we've been tapping the SPRO and I don't think there's much criticism today for what we've done. We, that was a critical part. The releases from the SBIR are a critical part of bringing prices down. When we did them, just imagine if we had not increased supply by a million barrels a day. But today we have to be, we have to be really opportunistic and look at the market and where it is to see if it makes sense to do continued SPRO releases. The President would like to replenish the spider in full of what we released an additional 180 to 200 million barrels. And I think when prices start reaching towards that $70 mark, that's when we're probably going to be looking at some, somewhere around that range of 70, 70 to 73 or maybe a little bit below that. We'll look to immediately begin to increase and to repurchase oil into the spro. And that's because we need to have an SPIDER that is full than it is today for national security and economic emergencies in the future. We still have 400 million barrels. That's a lot of barrels. We still can manage any emergency. But looking into the future, when prices come down into that $70 range, we're going to look to be buyers in the market.
Ben Ferguson
It's weird to tell people your price, isn't it? I mean, if this is about national security, as you just mentioned, and not politics, doesn't that seem odd for the White House to just throw this out there of like, here's our price.
Senator Ted Cruz
So it is weird. But. But you need to understand Democrats don't care about national security. It's not a priority for them. This is purely politics. I have to admit my favorite part of his answer is he says, well, no one's criticizing us now. No, that's, that's not accurate. Everyone knows you're obviously playing politics, trying to engage in electioneering to lower gas prices, not on an ongoing basis, but for a brief moment in time, right? When people go to the polls, you know, they're ready to stop now because election day is over. So let's get those gas prices up. That's what Democrats want. They want you to pay more. And, you know, it's interesting. So the price he gave was 70, 72, 73. He's gone a little cheaper than Biden was with the Saudis. When, when Biden was desperately negotiating with the Saudis several months ago, he told the Saudis, if you don't announce that you're restricting output, I will promise to fill the SPR at $75. That was the price he promised them because they claimed, well, we're going to do this because we're concerned that the price will fall too low. And he said, well, I'll give you a price floor at 75. I promise to buy. And the Saudis told him to go pound sand because what Democrats have done on foreign policy is alienated all of our friends and allies and empowered our enemies. And so Saudi Arabia is a very important ally to America. But the Biden administration hates the Saudis because they're in bed with Iran. Iran is led by a theocratic lunatic who regularly chants death to America and death to Israel. And the Biden administration's response to that is they want to send him hundreds of billions of dollars and facilitate the Ayatollah getting nuclear weapons. And the chief counterpoint to Iran is Saudi Arabia. And so the Biden administration has undermined and insulted the Saudis at every turn. So when they asked him, they said they'd set a price floor. The Saudi said, pound sand. Now, here's the interesting thing, Ben, that shows that Democrats don't really care about national security and they don't care about the taxpayers, either. So you just heard Biden's energy adviser admit that the 200 million barrels of oil that they've released in order to try to buy gas prices down right before election day, that it makes us more vulnerable. He said, we need to fill it. Under Biden, we're at the lowest level in day decades. But here's the amazing thing that, that Democrats almost never address. In 2020, which was just two years ago, oil was a lot cheaper. It was $24 a barrel, $24 a barrel. So Donald Trump issued an order to fill the SPR to full capacity. Now, that order made a lot of sense at $24 a barrel. That made a ton of sense. And you know what happened? Democrats in Congress blocked it. They said, no, do not fill the SPR at $24 a barrel. So now Democrats are saying, fill it at 70 or $75 a barrel. They don't care about the taxpayers. It is all politics for the Democrats.
Ben Ferguson
And it would have been three to one. Just to put it in perspective, I mean, it literally, the price that they're saying is a good price now to fill the strategic oil reserves. So let's just round it 75 at $24 a barrel. You could have bought three barrels of oil for the same price as one at their, quote, ideal price now. And the only reason why they blocked Donald Trump back then is because of politics. There was no other reason to block them, except they said, Donald Trump wants it. So we say no. The White House press secretary was asked about this, why replenishing the reserves at that price is a good deal, $75 a barrel. Now, when buying it at $24 a barrel was a bad deal just two years ago. And she said, well, back in 2020, when Congress was debating funding for replenishing the SPR, Democrats blocked it, saying it was a bailout for, quote, big Oil. Why is it good for taxpayers now? She says, look, it was a different time. It was not the same situation that we're in currently. The reserve was close to full capacity at the time, so there is no reason to make that type of repurchase. That's a response, Ben.
Senator Ted Cruz
That's just stunning. And look, she's right. It was a different time. It was a time when Democrats were playing politics to oppose Trump and Republicans. Now Democrats are playing politics to try to manipulate elections. But, you know, I just did some. Some quick math on, on the calculator on my iPhone. So the difference between $75 and $24 a barrel, that's $51 a barrel. $51 a barrel times 200 million barrels is $1.2 billion. What the Democrats did is blocked filling the SPR at a time when we could have had it at record low prices. And as a consequence, now they want to spend 10.2 billion taxpayer dollars to fill it at three times as high a price because, A, their horrible energy policies have driven the price of oil and the price of gas to record highs, but B, because they've also manipulated the SPR for politics. And it. There have been few more revealing moments than when Biden asked the Saudis, delay your actions until right after election day. He didn't even say the end of the year. He said right after election day. So Joe Biden, right now, green light, raise it sky high. Because the green New Deal radicals, they want gasoline sky high. That is their intended outcome.
Ben Ferguson
Senator, I want to go into the media and how they're covering this, but before we get to that, I want to tell everybody about our amazing sponsor, Patriot Mobile. If you've got a cell phone, and 99% of Americans do, how would you like to know that with every phone call you make, you're supporting conservative causes? Well, that's what Patriot Mobile does. And they use the same cell towers that you're on right now, meaning you get the same exact coverage that you're getting right now. Patriot Mobile is America's only Christian conservative mobile phone provider. They are a force for conservative values. Why? Because they take a portion of every bill that you pay, and they fund conservative causes, candidates and organizations that believe in the sanctity of life, freedom of speech, and the Second Amendment. And they're winning. If you're ready to have your dollars matter when you're paying a bill, switch to Patriot Mobile. They can save you money over what you're paying right now. They can save you and your family money. And they even can save your business or small business money because they have an entire section of the business that's just dedicated to to businesses. They offer the same nationwide coverage as all the other major carriers. But the difference is you actually get to stand up for what you believe in every time you pay that bill. So go online to patriot mobile.com verdict patriot mobile.com verdict. You'll get free activation and other major offers and you can call them 972-Tournament. That's 972-Tournament. Use the promo code. Verdict. You mentioned the prices and this administration obviously saying wait until right after the election to reduce your production. There's also that lingering question out there. Yes. We don't have control of the Senate. Will there be any type of investigation, though, into our strategic oil reserves filling that tanker, going to this company that Hunter Biden based on their at least on the company sheets show that he still has ownership in. But even if he doesn't have ownership, how is it that when our strategic oil reserves were released, some of that oil was going to a company that the Biden family had a vested interest in when it was supposed to be lowering the price in this country? Is that something that Republicans can still look into when we have this new Congress?
Senator Ted Cruz
Well, it is. And it's something that I've got a high level of confidence the House will look into. If you look at what Comer said in his press conference and Jim Jordan, they are appropriately focusing on evidence of corruption of Joe Biden. They're not getting distracted by DOJ trying to trying to focus on Hunter Biden's drug use. They're instead focused on was there corruption at the highest level of government? And this is obviously part of it, that if you have official decisions, selling millions of barrels of oil to a company that directly profits Biden's family, that raises very serious issues of corruption. I'm confident the House will examine that closely.
Ben Ferguson
I want to move to another issue and this is one of those when I love doing verdict because we get to go really deep into a story that is, I think, very important and it comes from the legal field. You're obviously a lawyer. I want to get your opinion on this new piece of news that we just got this week that the American Bar association has now voted to end law school's LSAT requirements in the year 2025. This doesn't just apply to the LSAT but to all potential admissions testing. It wasn't long ago when they tried to do this in November 2021 that they started accepting the GRE alongside the LSAT. And now it looks like they are eradicating all entrance testing altogether. This is a rule change that doesn't make any sense to me.
Senator Ted Cruz
Well, it does make sense, but not in a way that will make you remotely happy or encouraged, which is the modern left are racists. They are dedicated, passionately dedicated to discriminating based on race. They believe in racial discrimination. My, my latest book, Justice Corrupted how the Left has Weaponized the Legal System. There's an entire chapter on critical race theory. There's an entire chapter on affirmative action. It, it, it lays out the history of how Democrats believe there is virtue in discriminating against oppressors, by which they mean white people, although they also mean, oddly enough, embrace discriminating against Asian Americans who are not, in their taxonomy, oppressors. But they've done too well. And if you've done too well, you know, it's like Harrison, Harrison Bergeron. They're going to put weights on you and they're going to discriminate against you. And so what is this about? And I'll tell you that the announcement that the ABA Committee recommended eliminating the requirement of the LSAT is connected to another story that broke at the same time, which is Yale Law School announced that it was going to stop participating in the US News and World Report rankings of law schools. Now that was an odd announcement. Why? Because Yale Law School has been number one in the US News and World Reports rankings for years. It's consistently number one over and over and over again. Shortly thereafter, Harvard Law School, which is often number two in those rankings, announced it was going to stop participating as well. Now why are these all connected? Because all of these flow from the Supreme Court's case that is currently pending challenging affirmative action in law schools. And there's a case against Harvard Law School and there's a case against University of North Carolina Chapel Hill. One is a private institution, one is a government institution. It's challenging their explicit racial discrimination. And Harvard and Yale and lots of schools actively discriminate against Asian Americans because Asian Americans, in their determination, are too successful. They do too well academically. And so just like Harvard in the 1950s had Jewish quotas because without the quotas, from their racist perspective, you'd have too many Jews. Well now from their left wing racist perspective, without the racial quotas, you'd have too many Asians. So let's discriminate against them. Most observers, myself included, believe the Supreme Court is going to rule against the universities and is going to rule that is illegal, to discriminate based on race, which is going to mean their affirmative action policies where they're eagerly and aggressively discriminating are going to be illegal. This decision on the LSAT is a direct response to that. Why is that? Because part of the reason you can make this case that they're discriminating against Asian Americans is you look at the LSAT scores and the GPAs of Asian American applicants and they are substantially higher than many of the individuals, in particular Hispanics and African Americans that they admit who have lower LSATs and lower GPAs, but they admit them based on affirmative action. So here's what the law schools are trying to do. Get rid of the LSAT so you don't have an objective score because the entire reason. And what does US News and World Report have to do with it? Well, in the rankings on U.S. news and World Report, they put significant weighting, I think it's about 20%, if I remember correctly, on the average LSAT score of your students. Which means if, let's say Yale suddenly started saying we're not taking the LSAT and the average LSAT score so they did badly on that, Yale's ranking would drop. And you got to understand, these racist leftists are not actually willing to diminish their, their self declared prestige. So they're pulling out of the rankings so that they don't have to pay a price for then eliminating the lsat. And all of this is designed so they can say our admissions process. No, no, no, no. We don't look at objective numbers. We just look at a holistic assessment of the total student. And wonder of wonder, we end up rejecting the same Asian Americans because we don't want too many of them. That's their racist view. And we end up admitting the other students who we want. This is all about affirmative action. And they're running away from any objective indicia of merit or academic success.
Ben Ferguson
Who are the biggest losers here and the biggest winners? Because you mentioned obviously Asian Americans and they're going to basically straight up be racist against them. But who else does this hurt in the admissions process if they continue to move down this path?
Senator Ted Cruz
Well, it hurts people based on merit. So one of the things, interestingly enough, these schools are not moving away from is legacy preferences. So. So you have a leg up on getting into these schools. If daddy went there, if mom went there, but if not, listen, I'm an Hispanic guy who went to Princeton and Harvard and mommy and daddy didn't go there. I not a legacy. I Didn't come from money. In fact, when, when I went to college, my parents had just gone bankrupt. They were in the oil and gas business. We were talking oil and gas. It was the 80s. Oil cratered and we lost our home. We lost everything. And so I'm a 17 year old kid, the son of a Cuban immigrant, doesn't know anybody, has no connections. But I got in. I got into school because I had really good grades in high school and I did really well in the sat, which by the way, is a terrible thing to admit. Ben, you're a much cooler guy who played varsity. Tenet said Ole Miss. I can promise you, you go to a bar and as a college kid, the worst pickup line on planet Earth is, hey, want to see my SAT score?
Ben Ferguson
Yeah. That's not, that's just not going to work. Even at Harvard and Yale. I'm not sure that gives you much.
Senator Ted Cruz
It just does. Does not work. But it meant that, that a kid with no connections with, with no wealth could get in. And the same thing's true when it, when I went to Harvard, that, that I, that between my grades and my LSAT got in. They want to move away from that and they want to move away from merit. What they want to find also are people who are leftists and woke. So. So if you go and organize, you know, a transgender protest to shut down corporate America, Yale Law School, here you come, baby. Like, you know, go find. Actually, we talked about this couple of pods ago when we were talking about Sam Bankman Fried and the direct message he was saying about we do these WOKE shibboleths because people will like us. Eliminating the LSAT removes one objective differentiator. You know, I remember at the time, so when I was in law school, my roommate and best friend in the world, other than Heidi, who is my best. Best friend, but my best friend, to whom I'm not married, is a guy named David Panton. David was my roommate in college, my roommate in law school, and in law school he was the president of the Harvard Law Review. Barack Obama, you may recall, was the first black president of Harvard Law Review. David Panton was the second black president of Harvard Law Review. And David and I were roommates. We were debate partners. And it was interesting at the time. At the time, the LSAT was scored on a 48 point scale. So a perfect score was a 48 at the time. It's kind of a weird scoring, but that's how they did it at the time. I remember reading a stat that nationally there were fewer than 55, 0 African Americans who had scored 40 or above on the LSAT, which, which David had done. And so I joked, I'm like, David, dude, I'm roommates with 2% of the African Americans who scored above that line. Now, let me say, let me be very clear. I think the fact that you don't have more African American and Hispanic kids scoring much, much higher on those tests is a compelling indictment of Our K through 12 education system in this country. That there ought to be. There are a lot of really smart, talented minority kids and many of them are trapped in failing schools. It's one of the reasons I'm so passionate about school choice, because I want to give these kids the chance and opportunities to exceed so that you're seeing hundreds and thousands more African Americans and Hispanics scoring really well on these tests. But. And that stat is also 25 years old too. So the current stats have changed somewhat. That's what the law schools are trying to move away from because rather than address the underlying issues, they embrace discrimination. They believe it is morally virtuous to discriminate. And as you move away from objective indicators of merit, something that people can work hard to achieve, you move instead into subjective, which means you move into the political. This enables also Harvard, Yale and the other schools to go fill their schools with an army of woke leftists who then will go on to all the law firms, will go on to all the investment banks, will go on to corporate America and will continue to populate the commanding heights of our major institutions.
Ben Ferguson
It's going to be interesting to see, Senator, what happens with this because it is, as you said, it's going to have a huge impact on people and it's going to have a huge impact on who gets into these law schools. And like you said, it all comes down an issue of basically racism for them. They always scream everybody else the racist. But look at what they're doing right here. And it's a very important thing to keep an eye on. I want to move to one of the best fails of the week and this deals with CBS News. CBS News that are came out and they announced that they were going to pause their activity on Twitter. It was moral impaired of them for them to do this. They were trying to lead a train, a bandwagon of people that were going to leave with them. It was virtue signaling 101. It was a fail. They announced that they were pausing their activity on Twitter. How big of a screw up was this? CBS returned to Twitter after bravely leaving for one day 16 hours and 31 minutes. And they came crawling back as no one followed them. Here was their big announcement.
CBS News Anchor
And Musk has called for an emergency meeting for all remaining engineers. In light of the uncertainty around Twitter, and out of an abundance of caution, CBS News is pausing its activity on the social media site as it continues to monitor the platform.
Ben Ferguson
Major Jonathan Vigliotti, I mean, I love this. They're like, we're, you know, we're going to. In light of Elon Musk running Twitter like a company, right, Instead of, instead of having and actually trying to figure out a way to make money off of a business that's never made money, we're going to pause because we don't like what they're doing. And then they come crawling back. This on top of the fact that CBS News also came out like they were breaking news more than two years after the New York Post broke the news of the Hunter Biden laptop. CBS News, by the way, reported that the laptop now is authentic. It took them more than two years to do this. Just days after the second election they did. You know, the second election they missed, right? They missed the first one. They missed the second one, the midterms. And now they're like, all right, well, now that we've gotten through the midterms, now that we got through the last presidential, we're going to come out and break news that the Hunter Biden laptop is officially authentic. That's their line.
Senator Ted Cruz
Well, the corporate media is fundamentally corrupt. They are broken. They are damaged and destroyed. So let's focus on the substance of what they said. They said, well, in an abundance of caution, we're going to go off Twitter. Now. They're not being cautious about. There's some engineers that are mad. That's not a reason to go off Twitter. Like, what do they care if engineers are yelling at each other or getting fired? They were not protesting the internal management policies at Twitter. They were protesting one thing and one thing only, which is that Elon Musk has said he's going to stop political censorship. And so, for example, he's allowed Jordan Peterson back on Twitter. He's allowed the Babylon Bee back on Twitter. He's allowed Donald Trump back on Twitter. Although as of now, Trump hasn't gone back on Twitter, but he's allowed back. And the corporate media, they are so fundamentally damaged that their view is if you do not censor anyone who disagrees with us, we can't handle it. We are fragile little snowflakes and we are going to go hide because not only are we Propagandists. Not only do we tell a corporate story decided by the corporate head honchos at our media offices, but we're not even prepared to defend the lies we're telling. And if anyone can point out the lies we're telling, we're going to curl up at a ball and hide in the corner. It truly. Can you imagine Walter Cronkite saying such a thing? Can you imagine Ted Koppel who hosted Nightline for years? Can you imagine Tim Russert? Like. Like there used to be journalists and journalists who were not terrified of someone who disagreed with them because they actually knew some facts and they could. And I'm not saying, by the way, those journalists were not biased. There's been journalistic biased for a long time. But journalists didn't used to be complete and utter wusses. And I'm sorry, the corporate media, their reaction, they're running away from free speech. How does anyone that considers themselves a journalist run screaming away from free speech? Now, you noted their, quote, boycott lasted just over a day because no one followed them. And you know, you're trying to lead a parade and you start marching and swinging your arms wildly, and you look behind you, there ain't no one there. And it's like, oh. And I will say there was a tweet I saw online that I retweeted that just made me laugh. It said, Pete Davidson has had girlfriends that lasted longer than CBS News break from Twitter. And I had a lot of fun with that because that's indisputably true.
Ben Ferguson
Our friend Jesse Waters over at Waters World had some fun with CBS News finally admitting the Hunter Biden laptop story is real. I just want to play this because the way that he described it for me was like, yep, spot on.
Senator Ted Cruz
Guy is shorthand for 10% held by.
CBS News Anchor
Hunter for his father. Wait, CBS. You're telling me Hunter's laptop's real now and Joe Biden's the big guy? I thought this was just one big conspiracy theory. Well, primetime reached out to Leslie Stahl at CBS and asked her if she'd be apologizing to the former president for insisting the laptop couldn't be verified. And we haven't heard back. I'm starting to realize Democrat October surprises are all hoaxes and Republican October surprises are all true. You just have to wait until after the election to find out. And to have a free and fair election, you kind of need to know the truth before the election. That way, voters can make an honest assessment and not have any regrets. But let's look at the bright side, if the media didn't bury the laptop, Joe Biden would have never been able to give his granddaughter the wedding of her dreams.
Ben Ferguson
That's true, right, Senator? I mean, at least they got to have a great wedding at the White House this week. I love how Waters reminds people that it was CBS News that. That attacked Donald Trump in the lead up to the presidential election when he brought up the laptop and they actually said, oh, you can't verify this. Laptop is. We can't verify this. We can't bear. You can't say that. You know, and he was like, it is real. And like, no, it's not. You're. We're not going to allow you to say that here.
Senator Ted Cruz
Yeah. Leslie Stahl repeatedly said, it can't be verified. It can't be verified. It can't be verified. Why? Because she didn't want to verify it. She didn't want it to be true. It was politically inconvenient. She was a propagandist and it was contrary to her propaganda. By the way, this is the same Leslie Stahl that interviewed the head of Iran as he spouted Holocaust denial. And she sat there and didn't challenge him because I guess in their mind, that can't be verified either. I mean, they literally, their propaganda is such that they're willing to sit there with blatantly dishonest anti Semitism and broadcast it because the Democrat Party supports giving Iran hundreds of billions of dollars and allowing them to get nukes. And so therefore the corrupt corporate media does. And if you have to have a racist murderer torture anti Semite and give them global coverage, well, that's just a cost of doing business. The Hunter Biden laptop story is a lot of things, but. But one of the things it illustrates is the confluence between all of the corrupt institutions that are coming together to deceive the American people and to steal elections. So Hunter Biden's story breaks evidence clothes clear evidence of corruption by Joe Biden on behalf of enemies of America, the Chinese Communist on behalf of Burisma, the. The Ukrainian natural gas company. It's an incredibly inconvenient story because it breaks right before the election. So several things happen. Number one, the FBI picks up the phone and calls Facebook and says, please suppress this story because it's Russian disinformation. It has all the hallmarks of Russian disinformation. Now, we now know the FBI was lying. That was a lie. So the FBI corrupted from within the partisans there. They didn't want Joe Biden to lose. So they call their buddies at Big Tech. What does Big Tech do? Big Tech, Facebook and Twitter together acting in concert say to the New York Post that dared write a story about the Hunter Biden laptop. We are going to de platform. Not just your story. We're going to take the entire New York Post down. You're no longer allowed on social media. You are de platformed. They involuntarily did to the New York Post what CBS just did in its little fit for a day and a few hours.
Ben Ferguson
Yeah. And I will remind people CBS News still not apologize for this moment with Donald Trump.
Donald Trump
Wish you would interview Joe Biden like you interview me. It would be so good. You know what?
Senator Ted Cruz
You like this. I thought, I thought you.
Ben Ferguson
I don't mind it.
Donald Trump
I don't mind it. But when I watch him walk out of his store and he's walking with ice cream and the question the media asks him, what kind of ice cream? What flavor ice cream do you have? And he's in the midst of a scandal.
Ben Ferguson
He's not.
Donald Trump
And he's taking.
Senator Ted Cruz
On. Come on.
Donald Trump
Of course he is.
Ben Ferguson
There it is, Senator. He's not in the midst of a scandal. He's not. He's not in a scandal. Come on. That was October 26th with a laptop story. CBS News. And it only took him two plus years to now finally admit that the story is real after she laughed in the face of Donald Trump, the President of America on 60 Minutes. And no comment coming from 60 Minutes and no comment coming from Leslie Stahl. That should tell you everything you need to know about the woke corporate media.
Senator Ted Cruz
So question, what changed?
Ben Ferguson
We had an election. We had a midterm election. Right. And I think this is my prediction, Senator. I think the media is starting to turn on Joe Biden because they're useful idiots. No longer useful to them. They realize they don't want him to run for president in 2024. I think they needed to get through the midterms. This is only my opinion, but I think now you're watching CBS News and others are starting to realize they got to take their hands off protecting Joe Biden a little bit here and maybe let all this come out so they can move on to their next candidate. That's my gut. I could be wrong, but that's my prediction.
Senator Ted Cruz
So that's, I think that's a significant piece of it. Number one, CBS News didn't do this till after the midterms elections. Do it two weeks ago. They did it now. Number two, you're right. They're done. With Joe Biden, he's not running in 24, and if he even thinks he is, they want to push him out because he clearly can't run. But number three, you've got a House majority that's getting ready to have hearings on these things. And the fact that they've been utter complicit liars does kind of look bad for them. So they want to get out and report on all this stuff. So when the House has hearings, they say, oh, this isn't news. This is old news. We reported on this. We reported on this a long time ago, like a whole week ago, in fact.
Ben Ferguson
We took out the trash, as we call it in politics. We report on the story the week of Thanksgiving when a lot of people have tuned out, checked out and gone to see their family and have kind of walked away from politics after the exhaustion of covering it all through the election. That's why they're doing it right now during the week of Thanksgiving, because this is when the fewest number of people are watching them.
Senator Ted Cruz
Well, and it's worth explaining that phrase, taking out the trash, because people who haven't worked in politics or haven't worked in media may not understand what it means. Often if you have bad news, what people in politics do is they'll release it on a Friday afternoon and even better, a Friday afternoon when something else big is going on. So it's out there, it's in the public. It just no one sees it because it gets buried. And that's the phrase, take it out the trash. If you look at, you know, it would be a funny thing for someone to go compile, you know, the top 50 Friday afternoon press releases because I guarantee you there's some doozies in there on both sides. Both D's and ours do this. This is not an exclusive Democrat failing. But when the media does it, when they release it at a time, no one's paying attention. They're engaged in cya. They're trying to cover their own rear ends by saying, oh, we've covered it. And part of the reason you do that is, is so then when the world does focus on whatever the bad news is, whatever the scandal is, you say, oh, it's old news. That's been out there forever. Oh, come on. Everyone knows that. Nothing to talk about here. That's what they're trying to do.
Ben Ferguson
It's amazing. Senator, we're going to keep covering this story. We're going to keep watching it, and we'll keep exposing it as it comes out for everybody on the road today. Be safe out there. Make sure you subscribe to Verdict. It's free. You'll get three episodes every week automatically. Tell your family and friends about Verdict, share this podcast and don't forget, write us a five star review as well and we will see you back here on Monday morning.
Podcast Summary: "Oil, Racism & CBS Discovers Hunter Biden's Laptop"
Episode Release Date: November 25, 2022
Podcast: The 47 Morning Update with Ben Ferguson
Host: Ben Ferguson
Guest: Senator Ted Cruz
Description: In this episode, Ben Ferguson engages with Senator Ted Cruz to discuss pressing political and economic issues, including gas prices, the Strategic Petroleum Reserve (SPR), changes in law school admissions, and media coverage of Hunter Biden's laptop. The conversation delves into the intersection of politics, policy decisions, and media integrity, providing listeners with in-depth analysis and commentary.
Ben Ferguson initiates the discussion by addressing the surge in gas prices experienced by commuters after Thanksgiving. He criticizes the Biden administration's portrayal of current gas prices as "really low" despite public dissatisfaction. Ferguson raises concerns about the administration's stance on replenishing the SPR, questioning the timing and rationale behind such decisions.
Senator Ted Cruz responds by highlighting global economic factors affecting oil prices, such as China's lockdowns and the Federal Reserve's interest rate hikes. He argues that these factors are not effective in reducing oil prices and criticizes the Biden administration for its energy policies, which he claims are intentionally driving gas prices upward to discourage American oil and gas production.
Ferguson accuses President Biden of using the SPR for political gain, especially during election periods. He references the administration's decision to release millions of barrels of oil to lower gas prices artificially, framing it as a move to secure electoral advantage rather than a strategic economic decision.
Senator Cruz echoes these sentiments, asserting that the Biden administration prioritizes political maneuvers over national security. He emphasizes that the SPR was established to safeguard the nation during emergencies, not to be used as a political tool.
Ferguson plays a statement from the Biden administration's energy advisor, revealing the administration's plans to replenish the SPR when oil prices reach $70 per barrel. He criticizes the transparency of declaring price points for strategic purchases, suggesting it undermines the SPR's role in national security.
Senator Cruz argues that setting such price thresholds is unusual and indicative of political strategy rather than genuine national security concerns. He calculates the financial implications, highlighting the administration's increased expenditure to replenish the SPR at higher prices compared to previous administrations.
Transitioning to media criticism, Ferguson critiques CBS News for its handling of the Hunter Biden laptop story. He accuses the network of initial dismissal and delayed acknowledgment, suggesting bias and political motivations behind their reporting practices.
Senator Cruz lambastes the corporate media for what he perceives as fundamental corruption and a departure from journalistic integrity. He underscores the media's reluctance to engage with dissenting voices and accuses them of fleeing from free speech debates.
Ferguson highlights the delayed recognition of the laptop's authenticity by CBS News, framing it as an example of media obstruction and bias, particularly against revelations that could harm President Biden.
Ferguson shifts focus to educational policy, discussing the American Bar Association's (ABA) decision to eliminate the Law School Admission Test (LSAT) requirement by 2025. He seeks Senator Cruz's perspective on this move, questioning its rationale and implications for merit-based admissions.
Senator Cruz critiques the decision as a step away from objective measures of merit, attributing it to leftist ideologies that prioritize political over academic qualifications. He connects this change to broader trends in higher education aimed at increasing political conformity rather than academic excellence.
Cruz further elaborates on the historical context of affirmative action and its impact on admissions, arguing that eliminating the LSAT will disadvantage high-achieving minority applicants and undermine the meritocratic foundation of legal education.
Ferguson inquires about the broader consequences of removing standardized testing from law school admissions. He seeks insight into who stands to benefit or suffer from such policy changes.
Senator Cruz argues that the policy disproportionately harms minority applicants who excel in standardized testing, thereby reducing opportunities for deserving candidates based on merit. He emphasizes that legacy preferences remain, which advantage applicants with established connections, further entrenching inequality.
The episode concludes with Ferguson and Cruz reiterating their concerns about political manipulation in both economic policies and educational admissions. They emphasize the need for transparency, meritocracy, and integrity in governmental and institutional decisions. Ferguson encourages listeners to stay informed and engaged, highlighting the importance of accountability in public discourse.
Ben Ferguson wraps up by urging listeners to subscribe to the podcast, share it with others, and remain vigilant in holding institutions accountable.
Key Takeaways:
Economic Policy Critique: The Biden administration's handling of gas prices and the SPR is portrayed as politically motivated rather than strategically sound, with long-term economic repercussions.
Educational Policy Concerns: The ABA's move to eliminate the LSAT is criticized as undermining meritocracy and perpetuating racial discrimination under the guise of progressive policies.
Media Integrity Issues: CBS News' delayed acknowledgment of Hunter Biden's laptop is highlighted as evidence of media bias and complicity in political agendas, raising questions about journalistic integrity.
Political Accountability: Throughout the episode, Senator Cruz and Ben Ferguson call for greater transparency and accountability in political and institutional actions, emphasizing the importance of merit-based systems and unbiased media reporting.
This summary encapsulates the main themes and discussions from the podcast episode, providing a comprehensive overview for those who have not listened to the full episode.