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- [00:04]
A
My name is Charlie Kirk. I run the largest pro American student organization in the country, fighting for the future of our republic. My call is to fight evil and to proclaim truth. If the most important thing for you is just feeling good, you're gonna end up miserable. But if the most important thing is doing good, you will end up purposeful. College is a scam, everybody. You gotta stop sending your kids to college. You should get married as young as possible and have as many kids as possible. Go start a Turning Point USA College chapter. Go start a Turning Point USA High School chapter. Go find out how your church can get involved. Sign up and become an activist. I gave my life to the Lord in fifth grade. Most important decision I ever made in my life. And I encourage you to do the same. Here I am, Lord.
- [00:47]
B
Use me.
- [00:48]
A
Buckle up, everybody. Here we go. The Charlie Kirk show is proudly sponsored by Preserve Gold, the the leading gold and silver experts and the only precious metals company I recommend to my family, friends and viewers.
- [01:10]
C
All right, welcome to the Charlie Kirk Show. Happy Monday to you all. I am Andrew Colvitt, executive producer of this fine show, joined by Blake Neff, another producer on this fine show and our not so secret weapon. I saw you wondering if I was going to say it. I couldn't help it. Lots of news this morning. We are now at the precipice of ending one of. I guess it's the longest shutdown in American history of our government. And the Dems are in the middle of a crash out. The progressive wing, at least of the party is freaking out. They think that they're being sold out by Chuck Schumer and the establishment moderate wing. And I think there's actually. It's a bit more of a mixed bag than that, if we're being honest. We got Mark Wayne Mullen, Senator Mark Wayne Mullen from the great state of Oklahoma joining us momentarily to discuss the finer points, the negotiation, what's going on behind the scenes inside baseball. So we're going to get to that in probably about halfway through the hour. We're going to go in depth on the shutdown where we're at now before the news broke last night, however, about this show shutdown potentially coming to an end. And we'll say potentially because the base energy from the Democrat party is raging against the Angus kings of the world and the Tim Kaines. Dick Durbin actually broke ranks. Fetterman, not a surprise there. Cortez Masto, Jackie Rosen from Nevada, both those senators. But the base energy's raging against them. So I think it's a tenuous hold. I'm not gonna like spike any footballs just yet, but it does seem that it's gonna happen. So in the meantime, before that happened, what everybody was talking about, Blake, was this 50 year Mort idea and why that hit very close to home is housing was something Charlie talked a lot about. Gen Z getting skin in the game, buying into the American dream, not becoming a bunch of raging socialists. And we see home ownership as a very key component of the American dream of getting into the economic ladder. So this 50 year mortgage idea hits it really was gonna be the lead story unless the government shutdown news broke last night. And why this is key is because it's wreaking of debt slavery to a lot of people.
- [03:26]
D
15%.
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B
We should set this up. And you know what Trump said about it.
- [03:29]
C
Well, let's set it up, let's set it up. So basically, just so you know, we've been talking about this independently. I think it's been getting into the ether, this Gen Z economic moonshot. How do we get Gen Z to buy into the American dream? Was one of Charlie's biggest messaging components in the last couple months of his life. And then Blake, go ahead and tell us. So Trump.
- [03:52]
B
So do we have. Sorry if we don't have this cause I'm dropping it on the show team right away. But if we have that. Because this, I think this basically started with Trump just posting this on Truth where it might have been. I'm not sure what generated this, but it was great American presidents And it showed 30 year mortgage. President FDR because that, I don't know if he invented it, but it was like standardized under a lot of his New Deal programs. Yep, there we have it, there's. And then it has 50 year mortgage. President Trump. And so. And then that same day on Saturday, this is when it happened. The admin confirmed the. Yeah, the FH FA director, Bill Pulte kind of said we're working on this and other big changes to mortgages. And yeah, it created a lot of reaction because the 30 year mortgage as it currently is is you pay well, you pay for your house for 30 years. So let's say you bought it when you were 25 or 30. You're probably fully paying it off around the time that you're reaching your late middle age or early retirement period. 50 year mortgage, as you said, it makes you raise an eyebrow a bit because like, let's say you're a 35 year old, you know, kind of millennial and you don't own A house yet you maybe finally got married, you finally had a kid, you want to buy a home, a 50 year mortgage that goes from you are paying this off around the time you retire to you will likely not pay this off before you die.
- [05:12]
C
So yeah, if you do the math here, so a medium home price in America is $500,000. I'm going to use round terms just to say it's approximately $500,000. If you, at the prevailing interest rates of about 6% right now, if you have a $500,000 home and a 30 year mortgage, you're going to pay about a half million dollars more in interest over those 30 years. So a $500,000 home is actually a million dollar home. If you add 20 years to the mortgage. So it becomes a 50 year loan, it triples it. Correct. Well, a $500,000 home then will cost you more than 1.5 million over the price over the time of that loan.
- [05:51]
B
I should say doubles the interest.
- [05:52]
C
Yeah. So Even though it's 20 more years, it doubles it. Yeah. So the interest, the way that they calculate interest. Yeah, it more than doubles it. So you're essentially tripling the cost that you would have to pay as opposed to paying cash.
- [06:05]
B
Now I should caveat that it is over 20 years, which if you have an interest spike, which we've had a big interest spike the last five years, that can, if you're in at like a lower interest rate, that can radically reduce the effective amount that you are paying. So it's double the amount of interest. But you can kind of bake in that there will be continued inflation in the US currency over that time span.
- [06:26]
C
Yeah. So here's my basic point and I want to put this up. This is from Bill Pulte, you mentioned it before, image 92. I think the admin got the message pretty quickly that this was not the type of solution that we were looking for. Now my glass is a little half full on this and I'll explain in just a second. He says, we hear you. We are laser focused on ensuring the American dream for young people. All caps. And that can only happen on the economic level of home buying. A 50 year mortgage is simply a potential weapon in a wide arsenal of solutions that we're developing right away. Stay tuned. So I want everybody that was blackpilling on this because there is this growing sense that a lot of this economic populism is phony, it's fake, it's a paper tiger, it's a pr, it's an optics thing. Where's the actual conservative economic populist idea. Right. But to this point, I was talking with some very well known conservative influencers over the, and thought leaders really over the weekend, and one of them is really into business. Got a lot of businesses, got a lot of. He understands the way to leverage interest, to leverage debt, all these things. His point was like, listen, man, if I could have got a 50 year mortgage at 3% interest rates and I could have got much more house for my money, I would have taken that any day. Wait till my income shot up a little bit, refinance back to a 30 and then I'm locked in. I will say that potentially this addresses like, let's say 5% of the problem.
- [07:56]
B
It's an idea out there. It's probably not what I would have led with.
- [07:59]
C
Exactly. I mean, that's the key.
- [08:00]
B
That's the key, yeah. If it's an option that is better than a 30 year for you, you should take it. But that is, I don't think we can say, oh, we rolled out a new type of mortgage where you won't pay it off till you die and say that that is the ideal thing. And this is an issue. As we mentioned, Charlie was very passionate about it. So let's loop in one of Charlie's clips on this and let's get why this is important. This is Charlie explaining why not owning creates so much political radicalism in America. Clip 49.
- [08:28]
A
If you have a generation that does that does not own stuff, then all of a sudden political radicalization starts to seep in. I have a question for all of you in the audience and this should hammer it home. It's from my friend Frank Turek. And I told him, as soon as he said it, I said, I'm going to steal this one. Frank, when was the last time you washed a rental car? When you rent a car from Hertz or from Avis, do you wash it? Do you go get the oil checked on that rental car? Of course not. It's not yours and you know it. You're borrowing it. And it's no different than how people are living in apartments endlessly till they're 32, 33, they have two kids and they have to rent because the access to the housing market is so impossible. You have an entire population generation that is on the outside looking in. And that is a prerequisite for a political revolution. If we don't turn renters into owners.
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B
One more clip and then we'll go to ads and we'll ask for emails. Let's do 52.
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A
It's the first time since George Washington that this generation has it worse off than their parents at the same age. It has not happened, not even during the Great Depression. It's about the same. They are. This generation is significantly worse off. And the problem this is, this is what no one mentions. We're not poorer. You would think that the country's gone through like an economic tailspin the last 15 years. Like, okay, your young people can't afford homes and they're putting groceries on credit and they're killing themselves. They're socially isolated and they're addicted to benzodiazepines and Zoloft. It's obvious you guys went through like a terrible economic catastrophe. Like you lost a war.
- [09:59]
B
Yeah.
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A
If you look at the economic conditions, you would think the other conditions surrounding it are like abject poverty. These are the problems that like third world nations have. I know our young people can't afford stuff and they have to finance their basic necessities. And yet we're the wealthiest nation in the history of the world on the planet.
- [10:15]
C
Yeah. This is people in the audience. This is the key issue of our time. This is the what's giving rise to mamdanism and magionism. We must address it. Legacy Box has been a proud sponsor of this show since 2021. And we here at the Charlie Kirk show are grateful to continue supporting a community that values family and tradition. And you know how we talk about protecting what really matters? That's not just finances or politics. It's your family memories too. We all have those old VHS tapes, film reels, maybe boxes of photos sitting in a closet. But time isn't on our side. Tapes wear out, films fade. And before long, the stories of your childhood, your parents, and even your grandparents can be lost. That's where Legacy Box comes in. They make it simple. Order their kit, fill it with your old media and send it back. Their team of experts carefully digitizes everything and returns both your originals and a secure digital version. You can stream, share and keep safe forever with confidence. Honor the moments that matter. And now, in Charlie's own words, go.
- [11:19]
A
To legacybox.com kirk to save 50% and take care of it today. You'll be glad you did. That is legacybox.com Kirk legacybox.com Kirk.
- [11:31]
C
Let'S read some of these emails on the 50 year mortgage.
- [11:34]
B
Yeah, yeah. So email us freedomarliekirk and also tell us if you are a zoomer or a boomer. There's only two generations anymore.
- [11:41]
C
Or a millennial or A boomer.
- [11:42]
B
Whatever, whatever. It'd be interesting.
- [11:43]
C
Zoomer or boomer.
- [11:44]
B
I'd like to see different generational takes on this if possible. But we had Linda said on a 50 year, you would actually just be renting your home. Now, technically not true. Of course, you would very slowly be building equity in it. But I think that sentiment, that at 50 years you are really, it will feel like you are renting because you never kind of really get to anticipate the actual experience.
- [12:09]
C
I want to, I want to, I want to. And well, I want to react to that just really quick. Really quick. So, yes, it does have. And we admitted this, we conceded this point actually before the break or before the show. Blake and I were talking about this, that, yeah, it does, it does reek of debt slavery. But let me tell you this. If you have rented a property in every year, the landlord increases your rent, then locking into a 50 year mortgage, if it's fixed, at least you would have the stability to know what your payment's going to be. That's just one pushback to that potentially.
- [12:39]
B
But still, I very much understand where that one's coming from.
- [12:42]
C
I do too.
- [12:43]
B
I guess if it's fixed, it just does gradually go down with inflation. Then we have. Michelle said, I thought you all were smarter. No one says you have to take a 50 year mortgage. It's just an option to just like a 15 year mortgage at 25 years old. Just like I did with a 15 year mortgage at 25 years Old balloon payment and guess what? I paid it off. I understand that. But at the same time, like, yes, it's just an option, but I think people can sense that it's sort of the, oh, the option everyone used to have has gotten worse. So here's this option that might be better, but it's sort of just perpetuating a system that's in decline. It's sort of like if, you know, if suddenly you're getting kicked in the nuts and they're like, oh, well, we can kick you in the shins instead, that'll hurt less.
- [13:31]
C
So what it does, optically, I think it does send the signal like, hey, we understand, nobody can afford this. So instead of making things more affordable or addressing underlying affordability issues, we're just gonna make it so that you could pay the debt off longer.
- [13:43]
B
Yes, exactly.
- [13:44]
C
And that feels really disingenuous when you actually realize there's a structural supply and demand problem. We're letting in 1.2 million foreigners into this country every year when Americans can't even buy their own homes. So like, you know, there is a. The social compact is breaking down. We can all feel it. So let's address that. But no, we're just gonna.
- [14:02]
B
And then we have Patricia and she says it's bad as far as accumulated interest payments. But how many people actually keep their original 30 year mortgage? I actually don't know. That'd be an interesting stat.
- [14:12]
C
How many people. You should grab that graphic of the price of homes over the years.
- [14:16]
B
Yeah, I'll grab that in a sec here. Yeah. And she just points out, I, I think people generally refinance or sell their houses and obtain new mortgages. So the interest rate for a full 30 year mortgage is not necessarily relevant in the long term. People are always trading up or refinancing. Also, interest is tax deductible. That is true. One thing I would flag as an issue potentially, you know how amortization works.
- [14:39]
C
On amortization.
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B
Yeah. I can't pronounce things right. And what that means is early on you're paying a lot more in interest than you are in principal. And so you aren't racking up that much equity in the early years. Even of a 30 year mortgage with a 50 year. I have to imagine that's really bad where at 10 years in, you don't have 20% of the house. You might have 10% of the house or something. Yeah, Less. Yeah, yeah. And so I think that would be a concern with the ability to sell it off. Like you'll have surprisingly little equity on that 50 year mortgage. Let me get that chart.
- [15:14]
C
Yeah, so, so let me, let me. Who was the one that talked about how whoever that caller was or emailer that said you usually end up rolling over or you refinance, you sell the home. That is the argument in favor of this. Right? So the argument in favor is that at least you're getting owners. So it does address part of the problem. I do not think it should be the end all, be all. This is not a silver bullet. But it does address part of the problem. Because if you are a 30 year old and you're buying a home on a 50 year old mortgage, at least you're getting that sense of ownership. You probably are going to end up trading up or selling that home or using the equity that you build into it or that it just accrues because you build equity as the asset appreciates, then you would use that to leverage other home purchases in the future. I agree with that. I think it's important what we need to also be doing this is why I highlighted the Bill Pulte tweet is that you know what, and this is what Charlie advocated for, this is people like Benny Johnson are working on right now is we have a supply and demand problem issue as well where we need to buy more or build more homes. We need to build a lot of them and we need to make that easier for first time home buyers to be prioritized. No foreign buyers, no institutional money, no blackstones or private equity groups buying up massive swaths of the inventory. And so that's key. But also I think we should get creative about, hey, do young people under the age of 35, do they get to write off $50,000? Do they get to write off their entire mortgage altogether? These are questions. Yeah, go ahead and read some of the emails.
- [16:48]
B
Yeah, Freedom at Charlie Kirk. We asked people and we got a ton. I love it when people get really into a topic. And so I'm just going to click on a few random ones here. How about we look at. Let's look at Jill. She says I just wanted to throw out that most people I know who are retirement age 60 still have a mortgage because they have upgraded. You know, I want to. What I'll say to that is that's true and what there's a fascinating chart I saw over the weekend which was the median age of a home buyer in America. Not first time, just median. Any purchase of a home. And it was about 39 years old 20 years ago and it is about 59 years old today. The exact same people are buying home.
- [17:29]
C
So 39 year olds are now 59 year olds and that they have basically over 20 years. That's the media now.
- [17:35]
B
That's not a linear growth. What it really was is it grew a little bit about 2008 to 2019 and especially since COVID we saw a really bad inflationary spike.
- [17:44]
C
Did you find that graph, by the way?
- [17:46]
B
Oh, yeah. Let's also, let's put up the real. Let's. Do you want the real price of homes? Yeah, let's put up the real home prices chart that we just sent. That's 94. So you can see there how the process has gotten wacky over time. And that's 1890 to 2023. That's real home prices. So that's after inflation. And what you can see there is from About World War II to the 80s, home prices are actually about flat. So they were not this perpetual growth asset. I think one thing that's led us astray is you have that arc of rise and crash and then even sharper rise that kicks off in the 80s. And what that also built in is it kind of built in the expectation. And your home should be this great investment vehicle that will accrue all of this value. And that matters a lot to existing homers. It matters a lot to older homeowners where that might be their chief asset. And yet that's also making it so inaccessible for young people.
- [18:41]
C
Well, and I just can't escape the.
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B
Feeling that's a disastrous pattern to have.
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C
Well, and so that first spike on the right there and then you see the 2008 crisis where it dropped way back down. That first spike was they were getting very creative where you didn't even have to prove your income levels. They were doing seven year ARMs.
- [19:00]
B
They were getting creative again though.
- [19:01]
C
Seven year ARMs, ten year ARMs, which is adjustable rate mortgages. And then when those ARMs came due, when they locked in or they had a locked in for a short period of time and then the interest rate adjusted back or people just simply couldn't make non interest only loans. Right. So that's what a lot of people were doing that and they weren't having to prove their income and then they were levering house after house after house on interest only loans. And then you had the big kerplop. Right. You had the big short. So that was that. But then they were supposed to make reforms leading to that second spike on the right where you had to actually prove your income. Right. And you're suggesting that it's getting too creative again.
- [19:48]
B
I've seen stuff where the no money down mortgages have come back again where that was really vilified after. I want to read a couple more emails here. Joy pointed out, citing Consumer Reports. Apparently the average length of home ownership, I guess the time you're in a specific home doubled in 2006. It was only six and a half years and it went up to. It's gone up to 11.9 years. I wonder how if those numbers might fluctuate a bit. But that would also be interesting. I think that would capture the sense that a lot of people, they feel a little trapped in their homes because maybe their mortgage, especially now their mortgage is so good if they got it during the low interest rates era. So it's like.
- [20:26]
C
But it's also the price of the next home that you're going to try and buy is extraordinarily expensive and the.
- [20:31]
B
Interest rates are higher, but especially the interest rates. It's that you get almost trapped in.
- [20:35]
C
A good mortgage and that's that's happening in markets all over the place.
- [20:40]
B
Some people are very excited about this. Let's see. I want a millennial. Here we got. Sarah is a millennial who bought her first house at 33 in 22. We're in Houston where the property taxes are stupid. She says, I'm all for a 50 year mortgage if there are strict requirements, must be a first time homeowner, cannot be an investment company, the owner cannot use the home as an investment property. A 50 year mortgage is actually extremely appealing, but. But you're also a slave to the lender for 20 plus more years than a 30 year mortgage.
- [21:07]
C
Well, think about this. If you're 40, which is the average first time home buyer in this country is now 40, and you get a 50 year mortgage, you're probably not going to live to see the end of that mortgage unless you refinance. Unless you, you know, you can do other things. But to her point, I actually kind of like that. If you only make it available to first time home buyers, that's not bad.
- [21:27]
B
This really good one here, take. Doesn't this sound like what commies need for billboards at election time? This is from Robert. He says the feds and states possess unlimited amounts of prime real estate. We know Charlie cared about that. And he says there is growing tech to build homes on a large scale and assemble on site in less than a day. I've seen some of this.
- [21:42]
C
It's like 3D printers.
- [21:44]
B
And he says we modernize everything else. Why are we treating housing like it belongs in a museum? Food for thought, Rob.
- [21:52]
C
Even with a ceasefire now in place, the people of Israel continue to pray for healing from the deep wounds of terrorism and war. Pain that touches each and every person in the Holy Land. But the journey to healing and restoration has only just begun and it's far from over. Sadly. Never has the bridge between Christians and Jews been tested as it has since October 7th. But after two years of prayer and tangible acts of love, that bridge stands stronger than ever before. God is miraculously fulfilling his plan to unite Christians and Jews for his divine purpose. These are prophetic times. And together with the international fellowship of Christ, Christians and Jews, we can take part. United, we can do the holy work of providing food for the hungry, care for the elderly and healing for the wounded. Your prayers and your support help restore hope and strength throughout Israel. Let us answer this call together and be a light in the darkness. To learn more, visit IFCJ.org that's IFCJ.org IFCJ.org we are joined by Senator Mark Wayne Mullen, Senator from the great state of Oklahoma. Senator, welcome back to the show.
- [22:58]
D
Thanks, brother. Thanks for having me.
- [23:00]
C
Yeah, absolutely. Werp. Thank you for making the time. I know you guys are in the middle of it in the Senate. The negotiations are ongoing. We had that big vote last night where it was a procedural vote, a test vote to see if we could get to 60 and get to cloture. Where are we at now? Jackie Rosen was that 60th vote. Well, Cornyn ended up being the 60th vote after a little bit of a flight delay, I'm told. Where are we at now, Senator?
- [23:24]
D
So let me explain the process. Last night we had a motion to proceed to get on the bill which invoked 30 hours of debate. Once we finish that 30 hours, which by the way, the House can or the Democrats can give back that time anytime they want to. Once they give back the time or the clock expires, we have to have a motion to amend the House CR because we're changing the date from November 21st to December to January 30th. And then we're taking out three CR bills because we CR'd all 12 CR continue resolution on all 12 bills. We're replacing them with three of Trump priority bills, which is Milcon, Military, Ag and Ledge. And so we're going to CR three bills, put in three funding bills for President Trump. And then once we do the amendment, we have another 30 hour debate which could technically take us into Wednesday. I think they will yield back all their time and we'll wrap it up tonight. The House will have to come back and vote on it probably sometime on Wednesday and we'll reopen the government.
- [24:30]
C
So break down the basics of the deal, Senator. So I know riffs were involved. I know a guarantee vote on the ACA subsidies. Who's getting what in this exchange, in this bargain?
- [24:44]
D
Well, there really wasn't a deal that we struck. What we offered them was a guaranteed vote on aca. But we offered them which is affordable health care, which is unaffordable. We can break that down anytime we want to, Andrew. But what we offer, we offer them a guaranteed vote. Not an outcome, just a vote back in October 16th. So we could have opened the government weeks ago. The RIF was really the White House. We didn't offer that. What happened with the rif, which these are all the employees that were fired since October 1st. So basically since the shutdown, President Trump in the White House offered Tim Kaine to put these people back on payroll, but only until January 30th. So that doesn't mean they can't be refired. That just means they're going to get their back pay and then make it through the holidays, and then they can still be deemed unessential and let go and shrink the size of government, which will probably be what happens.
- [25:41]
C
So, yeah, I was gonna say, so what happens at January 30? Is it an automatic go back to what Russ Vogt and others had accomplished with these rifts, which are reductions in force, just in case the audience is wondering what RIFs are that's culling the herd in the federal bureaucracy. So what happens on January 30th?
- [26:03]
D
Well, January 30th, we could find ourselves right back in the same boat we are right now. But what we're trying to do is do four more appropriation bills. So that'll put us to seven total appropriation bills, remember, because as long as we do a CR continued resolution, we're actually still working underneath Trump policy, or not Trump policy, Biden policy, priorities and funding levels. What we want to do is get underneath, get away from that as much as possible and work with underneath Trump's policy in his appropriation levels, which is significantly less than what the Biden administration was. So January 30th, we're going to try to do four more appropriation bills. That'll give us a total of seven appropriation bills. Because of the size of those seven, it's about 87% of the government funding. And then we'll probably go ahead and see our continued resolution. The rest of it. All the way, our plan is, is to get it instead of it it running out October 1st, we're gonna try to push it until December so we can get it past the midterm so the Democrats can't use it as a leverage point once again, October 1st.
- [27:08]
C
Okay, so it looks like we're gonna have probably a deal. Although I just saw a clip come by. I think we're trying to cut it right now. Hakeem Jeffries is vowing to keep the fight going in the House. I'm not sure what his options are there.
- [27:22]
D
Yeah, that's exactly how he doesn't have the votes.
- [27:26]
C
Yeah, well, I mean, we could play the clip here. It's loaded. Okay, we'll play it. I haven't seen it yet, Senator. We'll play it 99.
- [27:35]
E
And so as House Democrats, we know we're on the right side of this fight, the right side of the American people. And we're not going to support partisan Republican spending bill that continues to gut the health care of the American people. And we're going to continue the fight to extend the Affordable Care act tax credits. And if it doesn't happen this week, next week, this month, next month, then it's the fault of Donald Trump House and Senate Republicans who continue to make life more expensive for the American people.
- [28:18]
C
All right, so I have. I have like a thousand. I have a thousand issues.
- [28:21]
D
There's so much unpack there.
- [28:22]
C
Yeah, there's. So go. Senator, you're the guest. Go ahead and do it.
- [28:25]
D
Okay, let's. First of all, he called it affordable health care. Affordable health care is absolutely a joke. President Obama promised that health care premiums are going to go down 25%. They're up 221%. All the premium tax credit did was trying to extend an increase that the health insurance. Health insurance company said they were going to have to increase premiums. And during COVID the Democrats voted unanimously. Not one single Republican voted for this in 21. Democrats did it completely by themselves because Nancy Pelosi was Speaker, Chuck Schumer was leader in the, in the Senate, and Biden was in the White House. They purposely made it expire in four years so they could have made it permanent if they wanted to. For them to say that Republicans own the high costs of affordable, affordable health care, it's completely unaffordable. They know it's a mess. It's a complete talking point. He wants to talk about. They're not going to support these funding bills. Well, what about the military? See, a lot of his members have military bases in their districts, which, by the way, also have federal employees, federal contractors that work there, too. And not just to mention the men and women that are serving the great nation. He's not going to be able to hold his team together. But really, what's happening here is Hakeem Jeffries was to run for president in 2028. And the guy knows that he has an opportunity here, so his base demands him to do this. But the guy's in a mess because why? He went out and endorsed a communist madame as New York mayor. It's absurd when you hear how weak the leadership is. What's so weak about this is Chuck Schumer's the weakest leader we got, period. And his party broke from him. Hakeem Jeffries party is gonna break from him, too. And that's just gonna show you how big of a mess this Democrat Party is.
- [30:09]
C
Well, so let's get into. I'm gonna play two clips. They're really short ones here, Senator. So you talked about Chuck Schumer being weak. I think you were absolutely spot on. The left. The progressive wing of the party is raging against Schumer. Even though Schumer was a no on reaching cloture, the left is blaming him for failing to control his people in the Senate. His caucus, 87.
- [30:33]
D
I think Chuck Schumer, his days are over. If he cannot put that. If he cannot keep his caucus together. If he cannot keep his caucus together, he needs to go. He needs to be behind him.
- [30:44]
C
All right, so the view is now, hey, Chuck, Schumer's out. We want AOC or whatever the heck they're gonna say next. But then listen to Morning Joe here, Senator. He's basically saying, like, this was a success, actually, even though, you know, this thing is about to go and we're about to reopen the government without getting all the things we want on the ACA subsidies. But it was a success because guess what? Nobody's talking about crime anymore. Play cut 86.
- [31:10]
A
The Democrats is. They took crime off the front page of every newspaper. That was the story, and they turned.
- [31:19]
D
It into health care.
- [31:21]
C
So you get these two competing visions of what or opinions of what has just taken place with the record longest government shutdown in our history. And so was this all a game of optics? Because at the end of the day, nobody was gonna have the votes. If you're the Democrats, they weren't gonna have the votes to win this game of chicken. It was a political game of chicken. All for optics, all for nothing. They knew they weren't gonna get the ACA subsidies. So what's the takeaway here? What did we just put the country through? And for what?
- [31:54]
D
It was all about politics for them. Republicans were trying to use policy. We're trying to have sound policy moving forward. Politics was all the Democrats were doing here. This was never about the $1.4 trillion to. For illegals. If you remember, that conversation went away weeks ago. What this was is about making sure their base was ginned up for the no King rally. They were planning on reopening the government when they realized they couldn't reopen the government because they knew November elections were coming. They, quote, they said this to me because I was part of the negotiations. We can't reopen. Chuck Schumer said that he'll release the handcuffs. That is a quote, release the handcuffs once the Tuesday election is over. Because they were afraid their base wouldn't show up to vote if they did it before that. There was 13 Democrats that agreed to vote to reopen the government. Now, what's really interesting, what the View said there is the View said that Chuck Schumer's days are numbered. Well, he's not up for reelection in 28, I think, because, Madame, remember, he's not a natural born citizen. He was just. He just became a citizen in 2018, I think. They run him against Chuck Schumer. He doesn't stay in New York four years. He runs for Chuck Schumer's seat and wins in 28. In 2028. And AOC is trying to get on the presidential ticket as either as a VP or as a presidential nominee moving forward. Talking about Joe, here's how ridiculous Joe is now. Joe is not wanting to actually talk about facts. He didn't say crime was down. He said they took it off the front page.
- [33:24]
C
Bingo.
- [33:24]
D
So he's playing politics, too. Here's a reporter that's supposed to be reporting the facts, and he's praising the Democrats for using this gimmick by holding the American people hostage or as the leverage points for over 40 days, crashing our economy. Our GDP was at 4%. It's down to 1%. We have more flight cancellations today than we ever had in the history of the United States, with the exception of 9, 11. And he's praising it as a success because they took crime off the front page. This is absurd.
- [33:55]
C
Yeah, that's a really. I mean, nothing boils this down or distills the essence of what just happened more than that. It is all for optics. It doesn't matter, like you said, that crime is actually down. It just matters. What are people talking about? It's all about political leverage and optics. And I actually tweeted this out this morning that there is no moral high ground here. The tell is in the reaction to what just took place. They didn't get their ACA subsidies. They knew they were never going to. We have the votes, they don't. So as long as we keep our caucus together, there was never gonna be a situation where we sort of bent the knee. And you're like, oh, sure, let's spend another $1.5 trillion that we don't have. And yeah, of course there's gonna be some illegals and some people that Joe Biden let in that should not be getting that taxpayer money. We all know that's the case. You proved it last time you were on the show. And so it's really infuriating to see that these folks basically held the country hostage for 40 days when they knew they weren't gonna get anything because they simply thought they were getting political momentum and leverage out of it. Senator, final word.
- [34:59]
D
Well, you just summed it up. You summed up everything. And fortunately, every one of the Republicans stayed strong because we had a strong leadership in President Trump with the exception of Rand Paul. I don't. I can't. Rand Paul's Rand Paul. But other than that, the American people saw that Republican parties were standing strong behind President Trump because he had a clear vision with a clear leadership mentality. Thank you, sir.
- [35:19]
C
Thank you, Senator. We'll have you back on again soon. Thank you so much.
- [35:25]
F
This is Lane Schoenberger, chief investment officer and founding partner of Y Refi. It has been an honor and a privilege to partner with Turning Point and for Charlie to endorse us. His endorsement means the world to us. And we look forward to continuing our partnership with Turning Point for years to come. Now hear Charlie, in his own words, tell you about why Refi.
- [35:45]
A
I'm going to tell you guys about why refi.com that is yrefy.com why refi is incredible. Private student loan debt in America totals about $300 billion. Why refi is refinancing distress or defaulted private student loans. You can finally take control of your student loan situation with a plan that works for your monthly budget. Go to yrefi.com that is whyrefi.com do you have a co borrower? Why refi can get them released from the loan. You can skip a payment up to 12 times without penalty. It may not be available in all 50 states. Go to yrefi.com that is yrefy.com let's face it, if you have distress or default to student loans, it can be overwhelming because of privacy loan debt. So many people feel stuck. Go to yrefi.com that is yrefy.com Private student loan debt relief. Why refi.com.
- [36:34]
C
Looks like Senator Schumer is speaking from the House floor. He looks defeated, I think it's fair to say.
- [36:40]
B
I feel like he should always look defeated.
- [36:43]
C
He's got a look, doesn't he? He's got a real look. He's a real looker. I mean, he almost looks like a cartoon character for real. Let's go ahead and play. Cut 100.
- [36:54]
G
Donald Trump cannot take 42 million hungry people as hostages. He cannot withhold the benefits they need for food for their families. Even now, Donald Trump isn't satisfied today. Even more cruel, he appealed to the Supreme Court yet again to try and get out of paying full SNAP benefits. The President's done a lot of cruel, nasty, mean things over the years.
- [37:23]
C
So he's looking very depressed. Stolen from the Senate floor. I mean that guy, he voted no on it. And they are, they don't care because he's the one who couldn't keep his people.
- [37:33]
B
I'm really, the whole vibe worries me because in the end I think we should acknowledge it is not good for the country to just have a government shut down. If even if you think, oh, the government's so bad, I like it being shut down. That itself is a giant, you know, flashing red warning light.
- [37:51]
C
Yeah, that should be like a big alert.
- [37:54]
B
And I'm worried that the Democrats and you know, potentially Republicans too are reaching this idea where they just regard it as politically good to have the government shut down whenever they're not in charge of it.
- [38:04]
C
Well, and that's what's so cynical about this whole thing is that you have eight people that caucus with senators, that caucus with the Democrats that finally broke ranked and you've got Tim Kaine saying, listen, I got all these government workers that aren't getting paid in my home state. I got basically a million people in Virginia that are on the government payroll. So I have to worry about that. Angus King is coming out and saying there's no end game. We're about to see all the flights shut down. Like what's the end game here? We don't have the votes so we gotta try a different strategy. So you finally had eight people that came to their senses after they used it as political leverage to help them gin up support in these off year elections. So we got inundated tons.
- [38:45]
B
Dozens of emails@freedomarlikerk. Just different thoughts on the mortgage question. A good amount of enthusiasm for it, I've got to say across the spectrum surprised me a little bit, but I want to read some of those. So for example, we have Shelley. Shelley says I am a millennial. I went to a good high school, the same school as boys 2 men. I have not seen that. But I grew up in the city to a single mom. I didn't know what I was in for at 18 and I wound up going to community college. Then 9, 11 happened, that happened and my testimony beyond that I could write a book one day. I remember the first time home buyer craze under Obama and I remember the mass foreclosures. I remember homes going from 50,000 to 350,000. I am now looking forward to buying a home and living with my 85 year old mother, rebuilding my credit and saving to buy my first home now that My youngest is 8 and my oldest will be 20. A 50 year mortgage would help me. My first home will be in my children's names. It will be a family home that will be available to them as they need it and they can sell it when they agree. The work I do at 44 is for them. Love you guys. Shelley, that's a very interesting one. And I like that mentality. Charlie would love that mentality of like what you are doing is so you can bequeath it to your children and your descendants from there. I do worry that is a mentality not enough people in America have. So, so they would think like, oh, I'm I only buy a home for my children to one day own it.
- [40:15]
C
Yeah. This is actually an interesting question I'd love to ask the audience because I can't tell you how many people I have heard from that make the joke. I'm gonna spend all my inheritance before I die. You know, the kids, you know. But no, but it's like a common boomerism.
- [40:29]
B
It's bad.
- [40:29]
C
But it's not just boomers. I've heard Xers. I've heard people say, I'm just gonna spend it all. It's the, it's the can't take it with you to use it.
- [40:36]
B
Well, to use a slightly thing, you know, it's the f you got mine mentality that a lot of people.
- [40:40]
C
But it also is kind of like a funny joke. I'd love to hear from the boomers in the audience if, like, if you guys kind of understand that or if you disagree with it. I think so here's a boom. Oh, go ahead.
- [40:49]
B
Well, I think, I think what I would critique with the sort of, you know, that attitude is it's sort of this attitude of wealth as just like a consumption good. And you know, oh, well, I can use it. I worked for it, so I can use it to buy cruises or whatever. But really, like, what wealth above everything else, it's security and it's time. Like you can buy the ability to like save time on things and to not care about bequeathing that to your descendants to like make their lives like not as difficult as yours is very misguided in my opinion. It's not that you have to leave them everything. It's not that they own what you worked for, but it's a mentality I have a hard time with. And I want to flag this one quick where just real quick, RC says, I am a longtime loan officer and you Guys, no offense, are a little green, a little naive. And RC says I never sold refinances. They say that the reason, it's a pretty long one. They said they would just Recommend On a 50 year mortgage that people save excess money and they make early payments on their mortgage, which you can do under a lot of loan agreements. And if you're making, RC says if you're making two and a half extra payments a year, so kind of two and a half worth of monthly payments a year, you can shave a 30 year mortgage down to 11 years, which sounds wild to me. And so I imagine that could have an even bigger effect on a 50 year. That would be interesting. But I would also note the reason we have these 50 year proposals is people can't afford the 30 year mortgage. And so how much are they gonna be able to save on a 50 year?
- [42:20]
C
We got a Mike from Ohio, says he's a boomer. He's born in 1946, he's a veteran, father of eight, grandfather to 22 and a great, yeah, great grandfather to three great grandchildren. This is fantastic. He says he listens to Rav four to six hours a day. And he loved Charlie. So he says, here's my suggestion to young people. Seek first the kingdom. Get married in your 20s, have a big family, tithe your income first, then live within your means with what's left over. If you are able to buy a home, that's swell. If not, trust in God's word to take care of you and your family. Raise your children in the Lord so they can have a good foundation to change the world for good. When, when they become adults, tell them to follow Jesus no matter what circumstances they may find themselves. Christ will take it from there and he will raise up a world of Charlies. Mike from Oliver.
- [43:09]
B
That is what Charlie. He would talk about this too. Like if you do follow sometimes with Rob Henderson, he called it the success sequence. Get married, don't have kids until you're married, finish high school and I can't remember what's the third part of the success sequence. But basically if you follow good practices, in the end we face a tough world. It is a tough reality. Yet at the same time, if you follow the very good basic moral principles, you will likely be able to save money and eventually even afford these inflated home prices that we have. Or if you can't, you'll be able to afford renting.
- [43:46]
C
Live within your means is a, is a tried and true old school approach. And it's not it's basics. Just live with.
- [43:55]
B
We want homes to be cheaper. We're fighting for that. But you have to recognize sometimes the world is not as accommodating as we'd like, and you have to work for that. For more on many of these stories and news you can trust, go to charliekirk.
- [44:11]
C
Com.