June 7, 2025 • 24 mins
-
U.S. Economic Performance (May Jobs Report):
- The U.S. added 139,000 jobs in May, surpassing expectations.
- Unemployment remained steady at 4.2%.
- Wages rose by 0.4% month-over-month and 3.9% year-over-year.
- Sectors with notable job growth: healthcare, leisure and hospitality, and social assistance.
- Federal government jobs declined by 22,000, which the speaker frames as a positive sign of shrinking government.
-
Criticism of Media and Political Opponents:
- The speaker argues that mainstream media and left-leaning commentators were wrong about the economic impact of Trump-era tariffs and policies.
- Claims that the media was rooting against economic success under Trump.
-
Autopen Scandal Allegations:
- Donald Trump is quoted criticizing the use of an autopen by President Biden, suggesting it was used to sign documents without his knowledge.
- The speaker calls for investigations and potential jail time if wrongdoing is confirmed.
-
Fauci and COVID-19 Investigations:
- Claims that Fauci’s devices from the COVID era were recently found.
- Suggests potential revelations about misinformation or misconduct during the pandemic.
-
Jeffrey Epstein Case:
- Discussion of surveillance footage from Epstein’s jail cell.
- Suggests that new footage has been found and will be released for public scrutiny.
-
Deep State and FBI Allegations:
- Claims that former FBI Director James Comey hid documents and hard drives in a secret room.
- Suggests that these materials are now being reviewed for evidence of misconduct.
-
Hillary Clinton Email Investigation:
- Alleges that the Obama DOJ instructed the FBI not to charge Clinton with gross negligence.
- Claims this was part of a broader effort to protect Clinton and other political elites.
-
Call to Action:
- The speaker urges listeners to share the podcast and raise awareness of the alleged corruption and cover-ups.
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:01):
So the media, yet again was wrong. The left was wrong.
Speaker 2 (00:04):
The hysteria that was around Donald Trump's fighting over American jobs,
they were also all wrong. And now Wall Street is
accepting the fact that Donald Trump was right, and you're
four oh one k, Well, it's probably up a lot.
Speaker 1 (00:20):
The US added one.
Speaker 2 (00:22):
Hundred and thirty nine thousand jobs in May, as hiring
remained steadied despite tariff uncertainty, and as the size of
our federal government is shrinking, meaning not as many jobs there.
Hiring remained steady in May, and the unemployment rate was
unchanged in a crucial economic report. As many had worried
(00:43):
and the media had played it up that height and
uncertainty over President Trump's tariffs would start to hit the
job market. That didn't happen. US employers at one hundred
and thirty nine thousand jobs last month, above the expected
one hundred and twenty five thousand, the Labor Department had
said on Friday. The unemployment rate held steady at four
point two percent, even as some economists had cautioned that
(01:06):
all this uncertainty could really make unemployment rates go up.
That also didn't happen. Now I want you to hear
how they talked about this on CNBC as the announcement
came in, because not only were they talking about it,
but they were shocked by it.
Speaker 1 (01:26):
And then you can decide if you think.
Speaker 2 (01:28):
They're excited or if they were rooting against the American
people to have success in the job market.
Speaker 3 (01:34):
One hundred and thirty nine thousand jobs created on non
farm payrolls for the month of May, a smidge higher
than we were expecting. And in the rearview mirror, well,
there are some revisions. We lose ninety five thousand over
the last two months. All right, let's proceed now with
(01:54):
the unemployment rate, which remains at four point two percent.
If we look at the earnings from a month over
month perspective, it comes in up four tenths, up four tenths,
much better than expected. We were looking for up three tenths.
Speaker 1 (02:09):
In the rearview mirror.
Speaker 3 (02:10):
At least up to this point, I don't see revisions
up four tenths. That would equal January of this year,
which was the best read to find a higher ead.
You're back in August of last year. Now, let's look
at average hourly earnings on a year over year basis,
hotter than expected. Three point nine. That's a couple of
tenths better. We're looking for one tenth higher than the
(02:30):
three point eight in the rearview mirror. That equals the
first two months of the year, which were the highest.
To find a higher number, you're going to DCE of
last year when it was four percent average weekly hours work.
Do we want to always pay close attention to this.
Thirty four point three is wild. It's the rearview mirror,
it's the wind shield.
Speaker 1 (02:49):
It's what we arrived at this.
Speaker 3 (02:51):
Time around this month, and that means we have three
thirty four point threes in a row, which is building.
It was thirty four point one and thirty four point
two and jan nfeb respectively. Labor force participation rate always
a welcoming event. We want to bring more people in.
It comes in at sixty two point four. This is
a miss. This is the first real miss. That's a
(03:13):
couple tenths light both in the rearview mirror and against expectations.
It equals the lightest freet of the year, which was
in February.
Speaker 1 (03:22):
To find a lower number, you're.
Speaker 3 (03:23):
Going all the way back to the last month of
twenty twenty two, and finally, drum roll please, We're going
to look at what I call U six, the underemployment rate,
because the actual employment rate I already gave you a
four point two is considered the U three. So U
six comes in at seven point eight. That means that
we have back to back seven point eights. The lowest
(03:44):
FREET was seven point five. That was January of this year.
Interest rates are moving up.
Speaker 1 (03:49):
Listen.
Speaker 3 (03:50):
One hundred and thirty nine thousand isn't off the chart strong,
but it's stronger than the market was looking for. And
even though you can say that we're losing it's been
a bit of steam on job creation, what you can
say is that you cannot say that it's happening quickly,
and you cannot say it isn't accompanied by a mixed
(04:10):
bag of other economic fundamentals some point two slower glide path,
some point two better glide path. Interest rates on the week,
and this is important, A two year close to three
ninety last week, so we're basically up close to six
basis points, a tenure close to four forty one last week.
It's basically up two basis points.
Speaker 1 (04:31):
Pre opening equities. They like this number.
Speaker 2 (04:34):
Back to you now, I love how they're always kind
of like, well, there's some there are some issues here.
And that's why I played that extended cut because I
wanted you to hear they're they're like sort of rooting
against it, but having to tell you that it's pretty
darn good. So you just spreak it down. One hundred
and thirty one thousand jobs or created May. Unemployment stays
at four point two percent, earnings are op zero point
(04:57):
four percent, all of those categories better than expected, the
average hourly earning up three point nine percent in the
last year, an underemployment rate at seven point eight So
even as they're trying to act like, well, maybe there's
some bad news here, they're saying everything is actually better
(05:18):
than we expected it to be.
Speaker 1 (05:20):
You look at just the highlights.
Speaker 2 (05:23):
The media said Donald Trump was going to destroy the economy,
throw us into an intense recession, that prices at the
store were going to skyrocket, and the shelves were going
to be empty due to the tariff war and his
Liberation Day. They said people were going to let people go,
that people were going to be just laid off at
(05:43):
record numbers. Didn't happen. They said the unempoint rate was
going to skyrocket. Didn't happen. They said it was going
to destroy wage growth also didn't happen. And then they
said the labor force participation numbers would be terrible. They
declined by zero two percent to sixty two point four percent,
with the labor force contracting again zero point two percent.
(06:07):
They also got that wrong. We also know that we've
been cutting jobs of federal government, so this is even
more impressive because of that. And then if you look
at sector performance, all right, healthcare led job creation with
sixty two thousand new positions, particularly in hospitals and ambulance services.
That is showing growth at home, leisure and hospitality, all right,
(06:29):
So if the economy's terrible, leiser and hospitality should be shrinking.
What happened in that sector thirty thousand jobs, significant gains,
and food services and drinking establishments, meaning people are spending
money with some confidence, because that is the first thing
to go when people start pulling back. Social assistance contribute
(06:52):
to sixteen thousand new jobs, primarily in individual and family services.
Speaker 1 (06:56):
Manufacturing, even with the tear.
Speaker 2 (06:59):
Fight, right which they said it was going to make
it a disaster, Nope, Manufacturing they said was going to
be decimated because of this, We only experience an eight
thousand job decline. Reflecting that it was, yes, a challenge
in the sector. I'm not going to tell you it wasn't,
but it wasn't near as bad as the doom and
gloom that they had painted. Now you put all this
(07:21):
in a perspective with a large employer, well, who was
the largest employer in the Unit States of America. Unfortunately
it's the US government. We saw a significant reduction with
all these numbers still being up higher than expectations and
unemployment staying at four point two percent. We saw a
(07:42):
reduction of government jobs by twenty two thousand, a tribute
to ongoing cost cutting measures. So we cut the size
of government, and the private sector still expanded, and overall
job numbers went up, not down. In May. This is
what make America great again.
Speaker 1 (08:00):
Looks like I want to get.
Speaker 2 (08:03):
Also to these numbers of the US trade deficit in
a moment. But there's something that just happened with Donald Trump,
and I want you to hear what.
Speaker 1 (08:10):
Donald Trump had to say.
Speaker 2 (08:12):
He was sitting at the White House and he has
asked yet again about the auto pin scandal. With Joe Biden,
and the present is leaning and heavy on this. Now
take a listen.
Speaker 4 (08:23):
So it's a terrible, terrible thing, greg One. I use
somebody said photo Ben, do I need to word auto
bed just suious? Because I think it's the biggest scandal
maybe in the last one hundred years in this country.
So when I hear that word, I think it has
to be discussed because the fake news will try and
you hide it, and we can't do that. Now.
Speaker 2 (08:42):
I agree with Donald Trump here that this is the
biggest scandal that we've ever seen. The cover up in
the autopen and it should all be looked at. And
what was being signed that he didn't even know he
was signing, including pardons. I think this is extremely important.
I think there should be an investigation and I think
people should go to jail if we find out that,
in fact, they were using the auto pen to do
(09:03):
things without.
Speaker 1 (09:03):
The President's knowledge.
Speaker 2 (09:06):
This is, by the way, not the only thing that
has just broken when it comes to investigations. The new
FBI director Cash Patel just went on Joe Rogan's show,
and I want you to also hear what Cash Patel
just had to say. And this is going to blow
some of you away. It deals with Fauci and COVID.
(09:27):
Listen carefully to the words he uses.
Speaker 5 (09:30):
We just had a great breakthrough this week on Fauci,
So Senator ran Paul, Senator Kennedy, and I hate name names,
so I was forget. People are doing a great job
with us on COVID origins, and we've got multiple investigations
open on that. But they had always been looking for
Fauci's original phone, or not original, but phones and devices
(09:51):
he used while he was Fauci back in Trump one
during COVID, and nobody had found it till two days ago. Really, yeah, Now, look,
your audience and everybody listening to it is not I
should jump to the conclusion everything's in there. We'll look
at it, we'll pull it, will rip it, as we say,
and maybe it's deleted, maybe it's not. But at least
we found it, and at least now we can tell
(10:12):
the American people we've been looking because it is of
public importance to figure out did that guy lie? Did
he intentionally mislead the world and cost countless? That's we
owe those.
Speaker 6 (10:19):
Answers to the American people.
Speaker 5 (10:21):
And the best evidence ever is always the people's evidence
who created it, and so now we're going to go
and exploit those hard dress But I think a victory
for the American people that we broke with Congress is
that we did find it.
Speaker 6 (10:31):
We're not done, We're still looking, and we're on the case.
Speaker 2 (10:35):
Right, by the way, this is insane that nobody had
found it until two days ago. If you want to
know how corrupt our government is and how corrupt the
deep state is, this is proof that all of this
stuff from years ago, nobody had found it until two
days ago. And what Patel just said is, quote, now
we're going to go and explore those hard drives. We're
(10:58):
not done, We're still looking, and were on the case.
They're going to uncover god knows what because they found
Fauci's phone and devices he used from the COVID era.
How much stuff was deleted? I don't know. I just
don't know, Okay, I don't. But what I do know
(11:21):
is that this is what a proper investigation actually looks like.
He was also, by the way, asked about the Epstein
sell footage, and the FBI director said this to Joe
Rogan as well, take a listen.
Speaker 7 (11:37):
Epstein, a convicted sex offender first tried to kill himself
in July last year and hanged himself in jail.
Speaker 6 (11:43):
Reread that line that he first tried to kill himself
in July last year. How much of the American public
do you think knows that.
Speaker 7 (11:49):
I didn't know that until right now.
Speaker 6 (11:51):
Maybe I heard it and forgot.
Speaker 1 (11:52):
Did you ever hear Jim thought that's why he's on
suicide Watch?
Speaker 6 (11:54):
I think, Oh, okay.
Speaker 7 (11:56):
So a guy himself in jail in August Well serving
trial on federal sex trafficking charge, pleaded not guilty to
abusing dozens of girls, someone as young as fourteen. Soon
after Epstein's death in August, two of the CCTV cameras
outside to sell malfunction and we're being examined by the
FBI found semi conscious in his prison cell with injuries
on his neck on twenty five of July, after the
Cincine's placed on suicide Watch.
Speaker 6 (12:16):
I'm not saying every single camera in the place was working.
Speaker 5 (12:19):
I'm saying we've got footage, and you're getting it and
it then you can make up your own mind and
the theories can continue.
Speaker 7 (12:26):
But my job, so you became aware of this footage
recently the ones that we're looking at.
Speaker 6 (12:30):
Yeah right, yeah, and.
Speaker 7 (12:31):
So but this is like an article from quite a
while ago that was saying that the footage was mistakenly erased.
Speaker 5 (12:36):
Look, I mean goes back to the same ask the
people that were in't powered then? I mean I get
it that you want to hold me to account for
their actions. And no, you're not saying that, not you,
that just the public in general.
Speaker 6 (12:46):
And that's okay.
Speaker 7 (12:47):
What's confusing to everybody today. First of all, it's very
confusing because AI can kind of make anything, you know,
which has got to be a bizarre position for you
to be in when you're looking at videos. I mean
I've watched Viking videos. It looked real, you know, they
just make Viking towns. I mean, it's really quite incredible
what they're doing now. And it accelerates every month. I
mean I talk to Elon about and he said, we're
blown away. Literally every week. Every week there's some new breakthrough.
(13:08):
We're like, wow, we didn't expect that.
Speaker 5 (13:10):
Well, I can tell you after having looked at it,
this ain't gonna be AI. You don't think so you're
going to it's it's just not great, you know, It's
like if it were AI, like someone wanted to come
in and make it, they'd make it better.
Speaker 7 (13:19):
But why would you make it better when people could?
You know, you could have ambiguous footage that is, you know,
totally generated by AI. I mean, AI can generate blurry images,
AI can generate night vision. AI can generate essentially anything
that's already existed, like nineteen eighty four VHS tapes. They
can do that.
Speaker 6 (13:36):
They can.
Speaker 5 (13:36):
But I'm telling you, I'm giving you the tape from
the tape. You know, there's just like I'm giving you
the documents from the vault, just like I'm giving you
information to Congress on COVID origins or what have you.
What we find is what you're getting.
Speaker 2 (13:50):
This level of transparency that you're going to see what
we see, and we're gonna give you what we see
and you're gonna get what we get. That is something
that did not ex exist in our deep state under
the Bidenhirrish regime.
Speaker 1 (14:03):
I'll give you another example.
Speaker 2 (14:04):
The FBI director Bettel also says team is actively going
through the documents locked away by James Comy at the
FBI as well.
Speaker 5 (14:12):
Just think about this me at the director of the FBI,
the former Rush of Gate guy. When I first got
to the bureau, found a room that Comy and others
hid from the world in the Hoover Building, full of
documents and computer hard drives that no one had ever
seen or heard of. Locked the key and hid access
(14:36):
and just said.
Speaker 6 (14:37):
No one's ever going to find this place.
Speaker 1 (14:39):
What.
Speaker 6 (14:40):
Yeah, So my guys are going through that right now.
What's in there? A lot of stuff? I mean, that's
the thing.
Speaker 5 (14:47):
People are like, well, okay, go arrest them, and I'm like, okay, well,
how about you let me run a methodical investigation while
I give over information. One of the things we gave
over before this the room deal was I don't know
if you remember who Nelly Or is.
Speaker 6 (15:00):
It doesn't really matter.
Speaker 5 (15:00):
Nelli Or's husband, Bruce Or, was like the number four
at the Department of Justice, and he was the one
who introduced the world of Christopher Steele, the guy that
started Russia Gate. Well, the entire time her husband was
doing that at DOJ, she Nelly Or was working on
an outside contract to dig up barret on Donald Trump.
So she goes to the Hill and testifies as a
(15:21):
result of our investigation right under oath. She said, I
never worked and I'm paraphrasing, I never worked with my
husband on any of that.
Speaker 6 (15:27):
I would never do that.
Speaker 5 (15:29):
What a Grassley put out just yesterday two days ago,
the nelli Or documentation that the FBI hid to the
world that we gave them, where nelli Or is caught
red handed providing information to her husband thumb drives related
to Trump Russia collusion, directly proving that Nellior lied to Congress.
(15:49):
Felony camp prosecutor statute of limitations has gone.
Speaker 6 (15:53):
It's just one example.
Speaker 7 (15:54):
Wow, what a dirty business.
Speaker 1 (16:01):
What a dirty business.
Speaker 2 (16:03):
And as he describes it, me as the FBI director,
the former Russia Gate guy, when I first got the Bureau,
found a room that Combing others hid from the world
in the Hoover Building right there on Pennsylvania Avenue, full
of documents and computer hard drives that no one had
ever seen or heard of. Locked the key and hit
access and just said, no one's ever going to find
(16:25):
this place. And so Petel says, yeah, my guys are
going through it right now. We've got people that should
have gone to jail for a felony and instead the
statute of limitations has run out. Thank goodness, we've got
somebody that actually cares about this country, that actually is
asking questions. There are shocking new allegations that the FBI
(16:51):
and the Department of Justice were ordered by Barack Obama
not to arrest Hillary Clinton for espionage and violation of
eighteen US Code seven to ninety three.
Speaker 1 (17:05):
In fact, Barack Obama.
Speaker 2 (17:07):
Effectively served as Hillary Clinton's personal lawyer. And there's a
reason why this story I'm telling you right now is
not going viral. In fact, there's silence in the media
on this issue, and that's exactly why I want you
to share this podcast wherever you can so that we
can get these details out.
Speaker 1 (17:28):
Here's what we know.
Speaker 2 (17:30):
Former FBI lawyer at least a Page testified before Congress
that the DOJ advised the FBI not to pursue charges
against Clinton for gross negligence in handling classified information. Page
stated that the DOJ considered the term quote gross negligent
(17:50):
to be constitutionally vague, influencing the decision not to proceed
with a specific charge. The FBI Director James Homie, in
a twenty sixteen press conference, described Clinton's actions as quote
extremely careless, but concluded that quote no reasonable prosecutor would
(18:11):
bring such a case, recommending that no charges be filed.
Why did he say that? Because he was also protecting
the Clinton family. President Barack Obama publicly stated that he
guaranteed there would be no political influence in the FBI
investigation of the Clinton emails, emphasizing that evidence, not politics,
(18:35):
would dictate the outcome. But behind closed doors, he did
the complete opposite of that with the new allegations that
are coming forward. In fact, I want you to hear
this report from Fox News and Brett Baer.
Speaker 8 (18:50):
Ight about what the Obama Justice Department ordered federal lawyers
to do and not to do concerning the Hillary Clinton
email investigation. Chief Intelligence Course Ronni Katherine Harris tells us
in sworn testimony on Capitol Hill. One of the insiders
told lawmakers what she was told.
Speaker 9 (19:09):
During closed door testimony last summer. Former FBI lawyer Lisa
Page said the Obama administration's Justice Department advised the FBI
not to pursue the gross negligent statute for Hillary Clinton
in the mishandling of classified information. Former US attorney and
House Republican John Radcliffe led the line of questioning about
the statute known as eighteen USC seven ninety three. Ratcliffe,
(19:32):
you're making it sound like it was the department that
told you you're not going to charge gross negligence, because
we're the prosecutors. Paige interrupted, that is correct. Page's testimony
appears to conflict with then FBI Director James Comey's recommendation
in July twenty sixteen against criminal charges for Clinton.
Speaker 10 (19:49):
What I can assure the American people is that this
investigation was done honestly, competently, and independently. No outside influence
of any kind was brought to bear.
Speaker 9 (20:00):
The Republican Ledhouse Oversight and Judiciary Committee investigation ended in January,
with Democrats now in control. The committee's new ranking Republican
made the Page transcript public.
Speaker 11 (20:11):
The transcript releases show an inherent two tier system, one
in which Hillary Clinton gets the treatment that she got,
where they was actually at first concern that they were
going to charge her, and then with Loretta Lynch in
charge before she chused her sale, made it very clear
that that was not going to happen.
Speaker 9 (20:26):
The tip off came from a chart drawn up by
federal investigators assigned to the Clinton case, known as Meteor Exam.
Fox News has confirmed that the chart listed possible federal
statutes for prosecution. Next to gross negligence was a notation
quote DOJ not willing.
Speaker 1 (20:41):
To charge this.
Speaker 9 (20:42):
Only known cases are military cases when accused lost the information.
In response to the Page revelations, the President tweeted the
transcripts quote make the Obama Justice Department look exactly like
it was a broken and corrupt machine. The page transcript
also confirms Fox's earlier The Page testified Russia collusion was
(21:02):
still unproven when Special Counsel Robert Muller was appointed.
Speaker 2 (21:06):
So let's just recap the facts as we know them now.
Number One, the FBI and the DOJ were ordered by
Barack Obama to not arrest Hillary Clinton. Why because they
were protecting her at all costs. Number two, James Comey
deliberately lied to the American people days before the election
(21:26):
in twenty sixteen. And yes, he was also protecting the
Clinton family at Barack Obama's orders. The CIA, John Radcliffe
Saang quote. Lisa Page confirmed to me under oath that
the FBI was ordered by the Obama DOJ not to
(21:47):
consider charging Hillary Clinton. In other words, no matter what
crime she committed, no matter what she did with her emails,
no matter what she didn't destroying them, no matter what
servers they were on, and no matter how much classified
information she had inner possession that she was not supposed
to have in a laptop or in emails or on
(22:10):
a private server, it didn't matter. The FBI, under Barack
Obama's orders, was never going to charge Hillary Clinton with anything,
whether it was gross negligence or the mishandling of classified information.
All of this goes back to the single issue how
(22:32):
much were we lied to in this country by a
corrupt deep state that was led by Barack Obama. Well,
now we know just how bad it actually was. Now
there's also the politics of this. There's going to be
many that are going to say, you just need to
let it go. Hillary Clinton didn't win the election, so
(22:52):
let's move on. This is old news. It's twenty fifteen
and twenty sixteen. Why do we even care. I'll say this,
It is important that we know just how corrupt the
FBI and the DOJ were under Barack Obama and under
James Comy. And if this is what they were doing
to protect Hillary Clinton, the other question is who else
(23:13):
were they protecting? What other high ranking officials went off
the reservation. What about the I don't know Biden crime
family as well. There are so many questions that need
to be asked.
Speaker 1 (23:24):
And the other issue is who should do it.
Speaker 2 (23:27):
Well, Congress should obviously, and the FBI and the DOJ
under Cashpertel's leadership. The CIA director sounding the alarm on this,
John Radcliffe, I think, making it very clear that he
believes this is something that needs to be investigated.
Speaker 1 (23:45):
Is this revenge?
Speaker 2 (23:46):
No, this is about holding people accountable that abuse their
power in egregious ways. And let's also never forget what
they did to Donald Trump. They rated his home in
mar Lago over may be one one thousandth of what
Hillary Clinton destroyed. Yes, she destroyed evidence that was going
(24:07):
to be or could be used against her. And she
knew she could do it because Barack Obama said, do
not arrest Hillary Clinton for espionage or any other crime
she may have committed.
Speaker 1 (24:23):
That is what you call cooking the books.
Speaker 2 (24:25):
And for this country's future, we need to know everyone
that was involved.
Speaker 1 (24:30):
Don't forget.
Speaker 2 (24:31):
Please share this podcast wherever you can on social media,
write us a five star review, and I'll see you
back here tomorrow morning.
So the media, yet again was wrong. The left was wrong.
Speaker 2 (00:04):
The hysteria that was around Donald Trump's fighting over American jobs,
they were also all wrong. And now Wall Street is
accepting the fact that Donald Trump was right, and you're
four oh one k, Well, it's probably up a lot.
Speaker 1 (00:20):
The US added one.
Speaker 2 (00:22):
Hundred and thirty nine thousand jobs in May, as hiring
remained steadied despite tariff uncertainty, and as the size of
our federal government is shrinking, meaning not as many jobs there.
Hiring remained steady in May, and the unemployment rate was
unchanged in a crucial economic report. As many had worried
(00:43):
and the media had played it up that height and
uncertainty over President Trump's tariffs would start to hit the
job market. That didn't happen. US employers at one hundred
and thirty nine thousand jobs last month, above the expected
one hundred and twenty five thousand, the Labor Department had
said on Friday. The unemployment rate held steady at four
point two percent, even as some economists had cautioned that
(01:06):
all this uncertainty could really make unemployment rates go up.
That also didn't happen. Now I want you to hear
how they talked about this on CNBC as the announcement
came in, because not only were they talking about it,
but they were shocked by it.
Speaker 1 (01:26):
And then you can decide if you think.
Speaker 2 (01:28):
They're excited or if they were rooting against the American
people to have success in the job market.
Speaker 3 (01:34):
One hundred and thirty nine thousand jobs created on non
farm payrolls for the month of May, a smidge higher
than we were expecting. And in the rearview mirror, well,
there are some revisions. We lose ninety five thousand over
the last two months. All right, let's proceed now with
(01:54):
the unemployment rate, which remains at four point two percent.
If we look at the earnings from a month over
month perspective, it comes in up four tenths, up four tenths,
much better than expected. We were looking for up three tenths.
Speaker 1 (02:09):
In the rearview mirror.
Speaker 3 (02:10):
At least up to this point, I don't see revisions
up four tenths. That would equal January of this year,
which was the best read to find a higher ead.
You're back in August of last year. Now, let's look
at average hourly earnings on a year over year basis,
hotter than expected. Three point nine. That's a couple of
tenths better. We're looking for one tenth higher than the
(02:30):
three point eight in the rearview mirror. That equals the
first two months of the year, which were the highest.
To find a higher number, you're going to DCE of
last year when it was four percent average weekly hours work.
Do we want to always pay close attention to this.
Thirty four point three is wild. It's the rearview mirror,
it's the wind shield.
Speaker 1 (02:49):
It's what we arrived at this.
Speaker 3 (02:51):
Time around this month, and that means we have three
thirty four point threes in a row, which is building.
It was thirty four point one and thirty four point
two and jan nfeb respectively. Labor force participation rate always
a welcoming event. We want to bring more people in.
It comes in at sixty two point four. This is
a miss. This is the first real miss. That's a
(03:13):
couple tenths light both in the rearview mirror and against expectations.
It equals the lightest freet of the year, which was
in February.
Speaker 1 (03:22):
To find a lower number, you're.
Speaker 3 (03:23):
Going all the way back to the last month of
twenty twenty two, and finally, drum roll please, We're going
to look at what I call U six, the underemployment rate,
because the actual employment rate I already gave you a
four point two is considered the U three. So U
six comes in at seven point eight. That means that
we have back to back seven point eights. The lowest
(03:44):
FREET was seven point five. That was January of this year.
Interest rates are moving up.
Speaker 1 (03:49):
Listen.
Speaker 3 (03:50):
One hundred and thirty nine thousand isn't off the chart strong,
but it's stronger than the market was looking for. And
even though you can say that we're losing it's been
a bit of steam on job creation, what you can
say is that you cannot say that it's happening quickly,
and you cannot say it isn't accompanied by a mixed
(04:10):
bag of other economic fundamentals some point two slower glide path,
some point two better glide path. Interest rates on the week,
and this is important, A two year close to three
ninety last week, so we're basically up close to six
basis points, a tenure close to four forty one last week.
It's basically up two basis points.
Speaker 1 (04:31):
Pre opening equities. They like this number.
Speaker 2 (04:34):
Back to you now, I love how they're always kind
of like, well, there's some there are some issues here.
And that's why I played that extended cut because I
wanted you to hear they're they're like sort of rooting
against it, but having to tell you that it's pretty
darn good. So you just spreak it down. One hundred
and thirty one thousand jobs or created May. Unemployment stays
at four point two percent, earnings are op zero point
(04:57):
four percent, all of those categories better than expected, the
average hourly earning up three point nine percent in the
last year, an underemployment rate at seven point eight So
even as they're trying to act like, well, maybe there's
some bad news here, they're saying everything is actually better
(05:18):
than we expected it to be.
Speaker 1 (05:20):
You look at just the highlights.
Speaker 2 (05:23):
The media said Donald Trump was going to destroy the economy,
throw us into an intense recession, that prices at the
store were going to skyrocket, and the shelves were going
to be empty due to the tariff war and his
Liberation Day. They said people were going to let people go,
that people were going to be just laid off at
(05:43):
record numbers. Didn't happen. They said the unempoint rate was
going to skyrocket. Didn't happen. They said it was going
to destroy wage growth also didn't happen. And then they
said the labor force participation numbers would be terrible. They
declined by zero two percent to sixty two point four percent,
with the labor force contracting again zero point two percent.
(06:07):
They also got that wrong. We also know that we've
been cutting jobs of federal government, so this is even
more impressive because of that. And then if you look
at sector performance, all right, healthcare led job creation with
sixty two thousand new positions, particularly in hospitals and ambulance services.
That is showing growth at home, leisure and hospitality, all right,
(06:29):
So if the economy's terrible, leiser and hospitality should be shrinking.
What happened in that sector thirty thousand jobs, significant gains,
and food services and drinking establishments, meaning people are spending
money with some confidence, because that is the first thing
to go when people start pulling back. Social assistance contribute
(06:52):
to sixteen thousand new jobs, primarily in individual and family services.
Speaker 1 (06:56):
Manufacturing, even with the tear.
Speaker 2 (06:59):
Fight, right which they said it was going to make
it a disaster, Nope, Manufacturing they said was going to
be decimated because of this, We only experience an eight
thousand job decline. Reflecting that it was, yes, a challenge
in the sector. I'm not going to tell you it wasn't,
but it wasn't near as bad as the doom and
gloom that they had painted. Now you put all this
(07:21):
in a perspective with a large employer, well, who was
the largest employer in the Unit States of America. Unfortunately
it's the US government. We saw a significant reduction with
all these numbers still being up higher than expectations and
unemployment staying at four point two percent. We saw a
(07:42):
reduction of government jobs by twenty two thousand, a tribute
to ongoing cost cutting measures. So we cut the size
of government, and the private sector still expanded, and overall
job numbers went up, not down. In May. This is
what make America great again.
Speaker 1 (08:00):
Looks like I want to get.
Speaker 2 (08:03):
Also to these numbers of the US trade deficit in
a moment. But there's something that just happened with Donald Trump,
and I want you to hear what.
Speaker 1 (08:10):
Donald Trump had to say.
Speaker 2 (08:12):
He was sitting at the White House and he has
asked yet again about the auto pin scandal. With Joe Biden,
and the present is leaning and heavy on this. Now
take a listen.
Speaker 4 (08:23):
So it's a terrible, terrible thing, greg One. I use
somebody said photo Ben, do I need to word auto
bed just suious? Because I think it's the biggest scandal
maybe in the last one hundred years in this country.
So when I hear that word, I think it has
to be discussed because the fake news will try and
you hide it, and we can't do that. Now.
Speaker 2 (08:42):
I agree with Donald Trump here that this is the
biggest scandal that we've ever seen. The cover up in
the autopen and it should all be looked at. And
what was being signed that he didn't even know he
was signing, including pardons. I think this is extremely important.
I think there should be an investigation and I think
people should go to jail if we find out that,
in fact, they were using the auto pen to do
(09:03):
things without.
Speaker 1 (09:03):
The President's knowledge.
Speaker 2 (09:06):
This is, by the way, not the only thing that
has just broken when it comes to investigations. The new
FBI director Cash Patel just went on Joe Rogan's show,
and I want you to also hear what Cash Patel
just had to say. And this is going to blow
some of you away. It deals with Fauci and COVID.
(09:27):
Listen carefully to the words he uses.
Speaker 5 (09:30):
We just had a great breakthrough this week on Fauci,
So Senator ran Paul, Senator Kennedy, and I hate name names,
so I was forget. People are doing a great job
with us on COVID origins, and we've got multiple investigations
open on that. But they had always been looking for
Fauci's original phone, or not original, but phones and devices
(09:51):
he used while he was Fauci back in Trump one
during COVID, and nobody had found it till two days ago. Really, yeah, Now, look,
your audience and everybody listening to it is not I
should jump to the conclusion everything's in there. We'll look
at it, we'll pull it, will rip it, as we say,
and maybe it's deleted, maybe it's not. But at least
we found it, and at least now we can tell
(10:12):
the American people we've been looking because it is of
public importance to figure out did that guy lie? Did
he intentionally mislead the world and cost countless? That's we
owe those.
Speaker 6 (10:19):
Answers to the American people.
Speaker 5 (10:21):
And the best evidence ever is always the people's evidence
who created it, and so now we're going to go
and exploit those hard dress But I think a victory
for the American people that we broke with Congress is
that we did find it.
Speaker 6 (10:31):
We're not done, We're still looking, and we're on the case.
Speaker 2 (10:35):
Right, by the way, this is insane that nobody had
found it until two days ago. If you want to
know how corrupt our government is and how corrupt the
deep state is, this is proof that all of this
stuff from years ago, nobody had found it until two
days ago. And what Patel just said is, quote, now
we're going to go and explore those hard drives. We're
(10:58):
not done, We're still looking, and were on the case.
They're going to uncover god knows what because they found
Fauci's phone and devices he used from the COVID era.
How much stuff was deleted? I don't know. I just
don't know, Okay, I don't. But what I do know
(11:21):
is that this is what a proper investigation actually looks like.
He was also, by the way, asked about the Epstein
sell footage, and the FBI director said this to Joe
Rogan as well, take a listen.
Speaker 7 (11:37):
Epstein, a convicted sex offender first tried to kill himself
in July last year and hanged himself in jail.
Speaker 6 (11:43):
Reread that line that he first tried to kill himself
in July last year. How much of the American public
do you think knows that.
Speaker 7 (11:49):
I didn't know that until right now.
Speaker 6 (11:51):
Maybe I heard it and forgot.
Speaker 1 (11:52):
Did you ever hear Jim thought that's why he's on
suicide Watch?
Speaker 6 (11:54):
I think, Oh, okay.
Speaker 7 (11:56):
So a guy himself in jail in August Well serving
trial on federal sex trafficking charge, pleaded not guilty to
abusing dozens of girls, someone as young as fourteen. Soon
after Epstein's death in August, two of the CCTV cameras
outside to sell malfunction and we're being examined by the
FBI found semi conscious in his prison cell with injuries
on his neck on twenty five of July, after the
Cincine's placed on suicide Watch.
Speaker 6 (12:16):
I'm not saying every single camera in the place was working.
Speaker 5 (12:19):
I'm saying we've got footage, and you're getting it and
it then you can make up your own mind and
the theories can continue.
Speaker 7 (12:26):
But my job, so you became aware of this footage
recently the ones that we're looking at.
Speaker 6 (12:30):
Yeah right, yeah, and.
Speaker 7 (12:31):
So but this is like an article from quite a
while ago that was saying that the footage was mistakenly erased.
Speaker 5 (12:36):
Look, I mean goes back to the same ask the
people that were in't powered then? I mean I get
it that you want to hold me to account for
their actions. And no, you're not saying that, not you,
that just the public in general.
Speaker 6 (12:46):
And that's okay.
Speaker 7 (12:47):
What's confusing to everybody today. First of all, it's very
confusing because AI can kind of make anything, you know,
which has got to be a bizarre position for you
to be in when you're looking at videos. I mean
I've watched Viking videos. It looked real, you know, they
just make Viking towns. I mean, it's really quite incredible
what they're doing now. And it accelerates every month. I
mean I talk to Elon about and he said, we're
blown away. Literally every week. Every week there's some new breakthrough.
(13:08):
We're like, wow, we didn't expect that.
Speaker 5 (13:10):
Well, I can tell you after having looked at it,
this ain't gonna be AI. You don't think so you're
going to it's it's just not great, you know, It's
like if it were AI, like someone wanted to come
in and make it, they'd make it better.
Speaker 7 (13:19):
But why would you make it better when people could?
You know, you could have ambiguous footage that is, you know,
totally generated by AI. I mean, AI can generate blurry images,
AI can generate night vision. AI can generate essentially anything
that's already existed, like nineteen eighty four VHS tapes. They
can do that.
Speaker 6 (13:36):
They can.
Speaker 5 (13:36):
But I'm telling you, I'm giving you the tape from
the tape. You know, there's just like I'm giving you
the documents from the vault, just like I'm giving you
information to Congress on COVID origins or what have you.
What we find is what you're getting.
Speaker 2 (13:50):
This level of transparency that you're going to see what
we see, and we're gonna give you what we see
and you're gonna get what we get. That is something
that did not ex exist in our deep state under
the Bidenhirrish regime.
Speaker 1 (14:03):
I'll give you another example.
Speaker 2 (14:04):
The FBI director Bettel also says team is actively going
through the documents locked away by James Comy at the
FBI as well.
Speaker 5 (14:12):
Just think about this me at the director of the FBI,
the former Rush of Gate guy. When I first got
to the bureau, found a room that Comy and others
hid from the world in the Hoover Building, full of
documents and computer hard drives that no one had ever
seen or heard of. Locked the key and hid access
(14:36):
and just said.
Speaker 6 (14:37):
No one's ever going to find this place.
Speaker 1 (14:39):
What.
Speaker 6 (14:40):
Yeah, So my guys are going through that right now.
What's in there? A lot of stuff? I mean, that's
the thing.
Speaker 5 (14:47):
People are like, well, okay, go arrest them, and I'm like, okay, well,
how about you let me run a methodical investigation while
I give over information. One of the things we gave
over before this the room deal was I don't know
if you remember who Nelly Or is.
Speaker 6 (15:00):
It doesn't really matter.
Speaker 5 (15:00):
Nelli Or's husband, Bruce Or, was like the number four
at the Department of Justice, and he was the one
who introduced the world of Christopher Steele, the guy that
started Russia Gate. Well, the entire time her husband was
doing that at DOJ, she Nelly Or was working on
an outside contract to dig up barret on Donald Trump.
So she goes to the Hill and testifies as a
(15:21):
result of our investigation right under oath. She said, I
never worked and I'm paraphrasing, I never worked with my
husband on any of that.
Speaker 6 (15:27):
I would never do that.
Speaker 5 (15:29):
What a Grassley put out just yesterday two days ago,
the nelli Or documentation that the FBI hid to the
world that we gave them, where nelli Or is caught
red handed providing information to her husband thumb drives related
to Trump Russia collusion, directly proving that Nellior lied to Congress.
(15:49):
Felony camp prosecutor statute of limitations has gone.
Speaker 6 (15:53):
It's just one example.
Speaker 7 (15:54):
Wow, what a dirty business.
Speaker 1 (16:01):
What a dirty business.
Speaker 2 (16:03):
And as he describes it, me as the FBI director,
the former Russia Gate guy, when I first got the Bureau,
found a room that Combing others hid from the world
in the Hoover Building right there on Pennsylvania Avenue, full
of documents and computer hard drives that no one had
ever seen or heard of. Locked the key and hit
access and just said, no one's ever going to find
(16:25):
this place. And so Petel says, yeah, my guys are
going through it right now. We've got people that should
have gone to jail for a felony and instead the
statute of limitations has run out. Thank goodness, we've got
somebody that actually cares about this country, that actually is
asking questions. There are shocking new allegations that the FBI
(16:51):
and the Department of Justice were ordered by Barack Obama
not to arrest Hillary Clinton for espionage and violation of
eighteen US Code seven to ninety three.
Speaker 1 (17:05):
In fact, Barack Obama.
Speaker 2 (17:07):
Effectively served as Hillary Clinton's personal lawyer. And there's a
reason why this story I'm telling you right now is
not going viral. In fact, there's silence in the media
on this issue, and that's exactly why I want you
to share this podcast wherever you can so that we
can get these details out.
Speaker 1 (17:28):
Here's what we know.
Speaker 2 (17:30):
Former FBI lawyer at least a Page testified before Congress
that the DOJ advised the FBI not to pursue charges
against Clinton for gross negligence in handling classified information. Page
stated that the DOJ considered the term quote gross negligent
(17:50):
to be constitutionally vague, influencing the decision not to proceed
with a specific charge. The FBI Director James Homie, in
a twenty sixteen press conference, described Clinton's actions as quote
extremely careless, but concluded that quote no reasonable prosecutor would
(18:11):
bring such a case, recommending that no charges be filed.
Why did he say that? Because he was also protecting
the Clinton family. President Barack Obama publicly stated that he
guaranteed there would be no political influence in the FBI
investigation of the Clinton emails, emphasizing that evidence, not politics,
(18:35):
would dictate the outcome. But behind closed doors, he did
the complete opposite of that with the new allegations that
are coming forward. In fact, I want you to hear
this report from Fox News and Brett Baer.
Speaker 8 (18:50):
Ight about what the Obama Justice Department ordered federal lawyers
to do and not to do concerning the Hillary Clinton
email investigation. Chief Intelligence Course Ronni Katherine Harris tells us
in sworn testimony on Capitol Hill. One of the insiders
told lawmakers what she was told.
Speaker 9 (19:09):
During closed door testimony last summer. Former FBI lawyer Lisa
Page said the Obama administration's Justice Department advised the FBI
not to pursue the gross negligent statute for Hillary Clinton
in the mishandling of classified information. Former US attorney and
House Republican John Radcliffe led the line of questioning about
the statute known as eighteen USC seven ninety three. Ratcliffe,
(19:32):
you're making it sound like it was the department that
told you you're not going to charge gross negligence, because
we're the prosecutors. Paige interrupted, that is correct. Page's testimony
appears to conflict with then FBI Director James Comey's recommendation
in July twenty sixteen against criminal charges for Clinton.
Speaker 10 (19:49):
What I can assure the American people is that this
investigation was done honestly, competently, and independently. No outside influence
of any kind was brought to bear.
Speaker 9 (20:00):
The Republican Ledhouse Oversight and Judiciary Committee investigation ended in January,
with Democrats now in control. The committee's new ranking Republican
made the Page transcript public.
Speaker 11 (20:11):
The transcript releases show an inherent two tier system, one
in which Hillary Clinton gets the treatment that she got,
where they was actually at first concern that they were
going to charge her, and then with Loretta Lynch in
charge before she chused her sale, made it very clear
that that was not going to happen.
Speaker 9 (20:26):
The tip off came from a chart drawn up by
federal investigators assigned to the Clinton case, known as Meteor Exam.
Fox News has confirmed that the chart listed possible federal
statutes for prosecution. Next to gross negligence was a notation
quote DOJ not willing.
Speaker 1 (20:41):
To charge this.
Speaker 9 (20:42):
Only known cases are military cases when accused lost the information.
In response to the Page revelations, the President tweeted the
transcripts quote make the Obama Justice Department look exactly like
it was a broken and corrupt machine. The page transcript
also confirms Fox's earlier The Page testified Russia collusion was
(21:02):
still unproven when Special Counsel Robert Muller was appointed.
Speaker 2 (21:06):
So let's just recap the facts as we know them now.
Number One, the FBI and the DOJ were ordered by
Barack Obama to not arrest Hillary Clinton. Why because they
were protecting her at all costs. Number two, James Comey
deliberately lied to the American people days before the election
(21:26):
in twenty sixteen. And yes, he was also protecting the
Clinton family at Barack Obama's orders. The CIA, John Radcliffe
Saang quote. Lisa Page confirmed to me under oath that
the FBI was ordered by the Obama DOJ not to
(21:47):
consider charging Hillary Clinton. In other words, no matter what
crime she committed, no matter what she did with her emails,
no matter what she didn't destroying them, no matter what
servers they were on, and no matter how much classified
information she had inner possession that she was not supposed
to have in a laptop or in emails or on
(22:10):
a private server, it didn't matter. The FBI, under Barack
Obama's orders, was never going to charge Hillary Clinton with anything,
whether it was gross negligence or the mishandling of classified information.
All of this goes back to the single issue how
(22:32):
much were we lied to in this country by a
corrupt deep state that was led by Barack Obama. Well,
now we know just how bad it actually was. Now
there's also the politics of this. There's going to be
many that are going to say, you just need to
let it go. Hillary Clinton didn't win the election, so
(22:52):
let's move on. This is old news. It's twenty fifteen
and twenty sixteen. Why do we even care. I'll say this,
It is important that we know just how corrupt the
FBI and the DOJ were under Barack Obama and under
James Comy. And if this is what they were doing
to protect Hillary Clinton, the other question is who else
(23:13):
were they protecting? What other high ranking officials went off
the reservation. What about the I don't know Biden crime
family as well. There are so many questions that need
to be asked.
Speaker 1 (23:24):
And the other issue is who should do it.
Speaker 2 (23:27):
Well, Congress should obviously, and the FBI and the DOJ
under Cashpertel's leadership. The CIA director sounding the alarm on this,
John Radcliffe, I think, making it very clear that he
believes this is something that needs to be investigated.
Speaker 1 (23:45):
Is this revenge?
Speaker 2 (23:46):
No, this is about holding people accountable that abuse their
power in egregious ways. And let's also never forget what
they did to Donald Trump. They rated his home in
mar Lago over may be one one thousandth of what
Hillary Clinton destroyed. Yes, she destroyed evidence that was going
(24:07):
to be or could be used against her. And she
knew she could do it because Barack Obama said, do
not arrest Hillary Clinton for espionage or any other crime
she may have committed.
Speaker 1 (24:23):
That is what you call cooking the books.
Speaker 2 (24:25):
And for this country's future, we need to know everyone
that was involved.
Speaker 1 (24:30):
Don't forget.
Speaker 2 (24:31):
Please share this podcast wherever you can on social media,
write us a five star review, and I'll see you
back here tomorrow morning.
Host
Ben Ferguson
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