Navigated to BONUS: Daily Review with Clay and Buck - Jul 31 2025 - Transcript

BONUS: Daily Review with Clay and Buck - Jul 31 2025

Episode Transcript

Speaker 1

Welcome in appreciate all of you hanging out with us as we are rolling through the Thursday edition of the program, and we have got a loaded program for all of you.

Nancy Pelosi flustered when she's confronted with insider trading allegations.

Mom Donnie the Democrat nominee on in the New York City mayor's race, we will break down his sudden change of heart when it comes to defunding the police.

Certainly interesting timing there.

But we begin with our good friend Kamala Harris.

Yesterday afternoon, shortly after we finished the program, Kamala announced that she will not run for governor in twenty twenty six.

Since then, she has announced that she has a new book out called one hundred and seven Days that will be out sometime next month or sorry, in September for those of you, I guess it's the last day of July.

For those of you want to make sure that that is on your calendar so that you do not miss the opportunity to buy that on the release day.

It will be coming out in September.

She also just announced, or it was just reported, that she will be Stephen Colbert's guest tonight on his late show.

This is the very first interview Kamala will have done since her epic defeat in the twenty twenty four campaign.

She has to a large extent, stayed out of public view for the last six months or so in the wake of that election defeat and the obvious inauguration day that followed.

But I thought that we should first let's start with this.

Let's go on the record, Buck if you want to, I don't even know what your answer is going to be on this.

Do you believe that she will run in twenty two, twenty eight or do you think this is effectively Kamala Harris waiving the proverbial white flag and letting it be known that she is no longer going to be involved in serious politics.

Speaker 2

You know what I've said all along, Clay, I am a firm believer in Kamala Harris is on her way to a chancellorship or some other quasi ceremonial overpaid role at a UC school, university, California school, or something like that.

Maybe she is, you know, a senior something or other, you know, a chancellor emeritus or something at the Brookings Foundation, you know, like, but she's out of the political game.

Is my point here, the fact that she's written a book about the one hundred days.

The only way this book could be worth reading and could be interesting in the least is if Kamala Harris was going score work yeah, and just lighting up every Democrat who crossed her, every idiot who gave her some of the worst advice I've ever seen.

It was clear that she was advised, for example, not to do media.

That was and she started doing media when the public outcry was, Hey, you're running for president.

It's been a few weeks since you became the nominee.

Effectively, you have to actually talk to people.

You can't just have the machine do all this for you.

But now we get to clay, was it actually better for her to not do any of the media here is for example, Kamala Harris.

Speaker 1

Well, hold on before before we get the Kamala I actually disagree.

I think she's gonna run.

I think she will run in twenty twenty.

Bet stake best steak.

Bet Let me let me yes steak bet on Kamala's future.

Let me lay out why I think she will run because I understand market down, team market down.

I understand your argument of she can get a multimillion dollar relaxed job.

She isn't actually a very talented politician.

It's rare for Democrats to renominate a candidate who lost.

Speaker 3

I can run through all of those different things.

Speaker 1

I don't think she has anything else in her life.

This is me getting into the psychoanalysis of Kamala Harris one.

Speaker 3

She's sixty.

Speaker 1

That is relatively young as these things go in the political process.

Hillary, somebody can look up the exact age Hillary was.

But actually, I think Hillary had a I can't believe.

I'm gonna say Hillary has a life outside of politics in some way.

She's got a daughter, she's got grandkids, She's got a husband that at least she has been with for a long time and has some sort of relationship with.

I don't think Kamala actually likes Doug him Hoff.

I think he's a loser.

I think deep down she knows that he's a loser, not a particularly likable or charismatic guy.

Speaker 4

Her.

Speaker 1

She doesn't have any kids, she doesn't have any pre existing life.

She's I can't believe that.

I'm not trying to just utterly destroy her, but I think she's an empty soul.

And politics feels the void in her life that otherwise doesn't exist.

There are other people out there that and you all know.

Speaker 2

I would argue with you that Hillary Clinton actually has an even bigger hole in her soul and doesn't care that she has a husband who she obviously does not have any real uh you know.

Speaker 1

Maybe, but she has a daughter, she has grandkids like Hillary.

Speaker 3

I think either.

Speaker 1

I think Hillary has a life that is more filling in its way than Kamala does.

I mean, I can understand the argument, and but I just look at this and I say, hey, she was.

Speaker 3

Utterly humiliated in this election, utterly coo.

She lost.

Yes, she lost every swing state.

Speaker 2

She looked like at the same she's a disaster.

But she can at least say it wasn't why didn't she hear?

With this book, it's trying to reframe the narrative of the disaster.

Now, I know you're saying, well, maybe that's to reframe it so she can run again in a few years, Clay, the Democrats are going to want to move on everything Biden related entirely, and at least Kamala Harris can go out now on the speaking tour and take that Chancellor's job at you know, you see San Diego or whatever, making a million dollars a year to go to cocktail parties and sound like an imbecile.

If she runs again, she has to put herself out there for other Democrats to further destroy her brand.

Now she's a former vice president who was pushed into the slot.

That's obviously part.

I haven't read the book, but I could tell you what the book's about.

Speaker 3

It was I did my.

Speaker 2

Best under difficult circumstances, and like, you know, please don't hate me.

That's her book, it's not I'm amazing.

I'm the leader of the Democrat Party going forward.

And Gavin Newsom, by the way, he is going to work all the donors.

He's gonna work the entire system in California.

So there's not even a.

Speaker 3

Hint of a lane for Kamala to run.

We got a stake on this one.

I get the argument.

Your argument is not a bad one.

Speaker 1

I just think she has to do this because I don't think she has anything else in her life, and I think there are a lot of people that advise her that also are incentivized to build her back up and convince her that she needs to run.

Speaker 3

Here's the other.

Speaker 2

I think politics was the easiest way for her to get a job that paid her and gave her prominence and access.

And if that now is offered to her outside of politics, she would far.

She's never had to run a real campaign, obviously, look at the campaign she ran.

She is the dee, the pinnacle of Dei and it all collapsed.

Speaker 1

But look at the like I can't believe that I'm now going to be made making the commed showtrageous.

It is that I'm now if I'm Kamala's chief commissar, her chief of staff, whoever her conflict consigliari is, they don't pounce the g consolieri consiliary, whoever the person is that can put her in a position that then elevates his or her position.

Look at the rest of the Democrat field of minority candidates, and we know black voters are a huge part of the overall electorate.

Look, Stacy Abrams is dead in the water, Karen Bass is dead in the water.

There is no black female candidate unless Oprah runs or somebody like that that can go into the Kamala arena right to get the nomination.

This is the way I'm sketching it out in her mind.

Wes Moore is unchallenged.

Corey Booker is is just lighting himself on fire.

She is the number one my norready candidate in a field buck that may start in South Carolina because remember there's now a battle over what is the overall flow chart of the Democrat Party.

If James Clyburn says as he did when Kamala got elevated, it's Kamala, She'll be the nominee.

There's going to be a bunch of white guys.

Gavin Newsom, I hope you're right.

I hope you're right, But you're you're saying, you're saying why she's going to be the nominee or why she's going to run.

Well, I think guy's going to be the nominee.

We gotta go more than a stake.

I need like a trip to Saint Barbe.

That's that's where.

That's where they're going to pitch her.

So I'm just sketching out why she's going to run because they're going to say, you're the only black candidate that can get black support.

If James Clyburn is still live in South Carolina and he says you're the pick, much like Joe Biden became the nominee.

Look Mayor, Pete, Gavin Newsom, Josh Shapiro, They're all kind of running for the same lane.

Speaker 3

Who is the just put it to.

Speaker 2

The lost everywhere she could possibly lose as badly as she could lose.

It would be almost unthinkable for a Democrat to underperform Kamala's numbers in this last election.

You're going to get me.

I hope what you're saying is true.

I just think the Democrats aren't that insane, Okay.

Speaker 3

I mean, here's what I'm saying.

Speaker 1

They're going to pitch to her, who is the minority candidate that is going to get the black vote instead of her?

Speaker 2

I don't think Democrats think that.

I don't think Democrats are necessarily going to run a minority.

Joe Biden, by the way, had phenomenal support among the black community of Democrat voters.

Speaker 3

I don't think you need to run a mind.

I think you're artificially limiting the field.

Speaker 1

But Joe Biden didn't have to overcome a minority candidate because Kamala was so bad she had already dropped out.

It was Joe Biden when by the time Cliburn.

Speaker 2

Made sure there was Corey Booker, there was Kamala Harris, there was that guy from those guys as the congressman who's Latin Latin America.

Speaker 1

Those guys were gone by the time Cliburn had to make the decision.

Remember, if they start in South Carolina, and I don't know that they are.

If they start in South Carolina, then the black vote is going to matter.

The black vote doesn't matter in Iowa and New Hampshire because it doesn't exist, which is why Democrats have said, hey, we should start with South Carolina.

You start with South Carolina again, that will be a signe of whether Kamala is gonna run.

I think she's gonna run.

Speaker 3

So do you disagree with.

Speaker 2

This statement if they run Kamala in well, see, no, we're conflating a little bit here because you're saying she's going to run.

Maybe she runs, but if she does, she's doing it for the book sales and the attention.

Speaker 3

I would I would we agree?

Speaker 4

Chance?

Speaker 3

Zero ero chance.

Speaker 1

I don't even agree with that because if they start with South Carolina, I think it will be a minority voter, a minority candidate that gets the South Carolina primary win.

Speaker 3

Now maybe it's West running for governor of California.

Why wouldn't she do it?

No, why isn't she doing it?

Speaker 4

Oh?

Speaker 1

Because I think she doesn't think that it gains her any standing.

If she runs in twenty twenty eight, Like.

Speaker 2

Clai, twenty twenty eight is a long time away.

People are going to forget who Kamala Harris is.

What might be might be good for her, That's what I'm saying.

It might be good, though, but I think her name recognition is going to fade along with it.

I think she's in a far better position running for president if she was the governor of California.

I just I actually think if she's governor, she exposes herself because she does far more public events.

She's an empty suit.

She's an awful candidate.

But I think you have to get into her peanut brain and think as she lays this all out, I think she is going to run.

Speaker 1

Let's put in a pole question.

I'm curious, like what people think.

By the way, you could weigh in and we got a long time to think of.

But remember people.

Speaker 3

Are a various fellow.

I think he's wrong top to bottom on this one.

I think he's wrong.

Speaker 1

People are going to announce by January of twenty seven, So it sounds like it's a long time away until November of twenty eight.

But people, the Democrats are going to officially be chopping at the bit and announcing in January February.

Speaker 2

You may be right, I may be right, but we have deprived the audience of the greatest hits of Kamala because of how we will play those.

We would hit those, Yes, we have to hit those, okay, because that I think will also shed some light on the discussion.

Wow, Kamala Harris.

Wow, you know we talk about the The best case maybe for a Kamala resurgence would be the career of Joe Biden, who ran three times.

Was a total loser, but that was contingent upon a once in a century pandemic and a mass delusion that allowed a dementia patient to hide in a basement and have people cheering for him to be hiding in that basement.

You would need clay, something completely world changing for Kama.

They would have to be like the COVID pandemic.

For Kamala.

Harris even be the nominee.

Speaker 1

But remember Biden was the nominee before COVID hit.

He won in South Carolina because Clyburn said vote for and then Super Tuesday happened, all before COVID became an issue, and then they hit him right if he had.

Speaker 3

Had to be I mean how he became president.

Speaker 1

But yeah, but even yeah, but even the nominee, they basically just said it's Biden and to knock out Bernie Well, that was name recognition, tied to him being eight years of Obama's wingman.

That's that was the whole decision, and it was the system just deciding that the guy who was with the guy who won twice can win again.

And it was a very unique moment in time for Joe Biden because obviously he wasn't even leading and they picked him.

Speaker 2

But that's because they thought he could win and they managed to do it.

I know, they cheated whatever.

But Kamala Harris Clay Clay, all right.

Speaker 3

We'll get into this.

Speaker 1

He's gonna say, I deserve to be the full nominee.

I deserve a black woman.

They just threw me in to try to take.

Speaker 2

The your your buddy Cuomo, who you said was gonna be mayor and then president.

He's about to get his ass kicked by Mom, Donnie.

I know he was gonna run.

I said he was gonna run for president.

And that's a mess.

I did not see Mom Donnie.

Speaker 3

Come, I don't.

Speaker 2

I don't think if he gets his ass kicked by Mom Donnie, he's gonna run for president after that.

Speaker 3

I think that's But if you were able to win as an independent, I think you would.

Speaker 2

The thing is, some of these people are insane enough that I can't entirely even if I.

Speaker 3

Have anything else.

Speaker 1

This is where your argument of what do you actually lose by running for president is actually a good one, Like most people, I guess.

I mean, if you're telling me that is Kama gonna run in a few years and she's gonna end up with like five percent or ten percent of the vote or something, I'm like maybe.

Speaker 3

But all right, all right, let's hear from all of you on this.

We got a lot to talk about.

You gotta read.

Speaker 1

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Speaker 5

The Team forty seven podcast Sunday's at noon Eastern in the Clay and Buck podcast feed.

Find it on the iHeartRadio app or wherever you get your podcasts.

Speaker 3

Clay, have you heard of the Rio Reset?

Sounds like a trendy new workout.

Speaker 2

Buck, It does, but it's actually a big summit going on in Brazil.

The formal name is BRICKS, which stands for Brazil, Russia, India, China and South Africa.

But they've just added five new members.

Speaker 1

Smart move to stick with Bricks.

We know what happens when acronyms don't end.

They confuse everyone.

Speaker 3

Well that's an understatement.

Speaker 2

Bricks is a group of emerging economies hoping to increase their sway in the global financial order.

Speaker 3

Now that sounds like the plot line of a movie.

I'm listening.

Speaker 2

Philip Patrick is our Bruce Wayne.

He's a precious metal specialist and a spokesman for the Birch Gold Group.

He's on the ground in Rio getting the whole low down on what's going on there.

Speaker 3

Can he give us some inside intel?

Speaker 2

Absolutely, He's been there since day one.

In fact, a major theme at the summit is how bricks nations aim to reduce reliance on the US dollar in global trade.

Speaker 3

Yikes, that doesn't sound good.

We got to get Philip on the line.

Speaker 2

Stat already did and he left the Clay and Buck audience this message.

Speaker 6

The world is moving on from the dollar quietly but steadily.

These nations are making real progress towards reshaping global trade, and the US dollar is no longer the centerpiece.

That shift doesn't happen overnight, but make no mistake, it's already begun.

Speaker 2

Thank you, Philip.

Protect the value of your savings account, your four oh one k r ira, all of them, by purchasing gold and placing it into those accounts and reducing your exposure to a declining dollar value.

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Some new data has come out on the New York City mayor's race.

And if anyone's wondering, why should you care you live in the Midwest, or the South, or the West Coast, or the sun Belt or the Ohio River Valley or wherever, well, because this is going to be I think a test case for the Democrat Party nationwide.

Can they win in the biggest city in America with really the furthest left wing candidate that we've seen at this level at least of a mayor's race in New York for a very long time.

This guy is more radical than to Blasio, certainly more a left wing than Mayor Eric Adams.

Speaker 3

And this is.

Speaker 2

A moment in time where the Democrats are going to have to start to choose.

Remember it was sly of Biden during the whole Blm anti cop mess in twenty twenty.

Biden never said defund police.

I do think he knew enough.

He'd been in the game long enough to know that was going to be a big problem for him in the general election if he did it, which he didn't do.

So whenever people talk about the Democrats defund police, that that became a oh, it's AOC and it's it's the squad and it was not associated with Biden specifically, even though Kamala Harris, I know, you know, wanted to.

Speaker 3

Did she put out a tweet.

Speaker 2

About the raising money for people in Minneapolis or something or the bail fund?

Speaker 3

Right, I mean, it's still Kamala.

Speaker 2

Yeah, Kamala was more defund police by for sure than Joe Biden was.

But Mamdannie has had to show up and speak in the aftermath of an NYPD officer gave his life in the line of duty trying to defend innocent people in that building, that office building on Park Avan during that mass shooting a few days ago, and he's being asked, He's like, hold on, you are a disband police guy.

Speaker 3

You want to be the mayor.

Speaker 2

Now you're showing up after a cop died in a line of duty trying to stop a deranged gunman where do you really stand on disbanding, for example, an elite NYPD unit that would respond to shootings just like this.

This is what Mom Donnie said, Play fifteen.

Speaker 7

Over the course of this race, I've been very clear about my view of public safety and the critical rule that police have in creating that public safety that officers are tasked with delivering while we ask them to respond to nearly every failure of the social safety net, and the vision that we've put forward in this campaign, despite what others may say, is not to defund the police.

It is, in fact, to allow those officers to respond to these serious crimes that many of them signed up to address, and to do so by ensuring that we ask them to focus on those crimes, and we ask mental health professionals to respond to calls of mental health crisis.

Speaker 2

Great mental health professionals.

How many mental health professionals are they going to have on speed dial to deal with with the NYPD terms an EDP, emotionally disturbed person, a lunatic, like if we're running around the streets at three am naked, barking like a dog and this stuff.

Speaker 3

That stuff happens in New York.

Speaker 2

Okay, this is reality for the cops there, they say, oh, we got an e VP we gotta do.

They will eventually take you to a mental health facility.

But even this idea that you're going to have mental health people respond, what does that even mean?

All they're going to try to do is get somebody to that facility.

And by the way, if they don't have cops there, they may be attacked, bludgeons stabbed.

Speaker 3

Does anyone want like.

Speaker 2

A psychiatrist with the uh, you know, the tweed jacket with the elbow to show up when some maniac is waving a machete saying he wants to kill everybody?

Speaker 3

What?

Speaker 2

What world does Mom Dani and the people who support him?

What world do they live in?

Speaker 7

Not?

Speaker 1

The real one is the answer and the scary thing.

And then look, this is the argument I made a couple of weeks ago on the show.

I think at some point democrats have to have to deal with the choices that they are going to make.

It's almost like being a parent, and a lot of you out there know what I'm talking about.

If your kid keeps making the wrong decisions and you do your best to steer them away from it, you steer them away from it, You steer them away from it.

Sooner or later, experience becomes the best teacher.

Where you do something that is moronic and your parents or your grandparents told you not to do it, you do it, and then you're like, boy, that was really dumb.

And part of parenting is trying to keep kids from doing things that are so stupid that they ruin their future lifer unfortunately, even lose it.

And I feel like for Democrats they have to wear it.

They picked mom DOMI and I get it.

People out there of wr many of you are listening in the Manhattan area and you're looking around.

You're saying, Clay, you're just gonna throw us to the wolves.

This guy's a moron.

Why should Republicans have to save Democrats from the awful choices that they're trying to make.

If you want to put a communist in charge of New York City, deal with it, New York deal with it.

Why should all of us have to cobble together votes from Andrew Cuomo, who's awful, or Eric Adams, who's mediocre, or Curtis Sliwa, who's otherwise not going to be able to win because the idiots of New York City are otherwise going to endorse a guy who was sharing videos and tweets saying defund the police.

I saw a new clip that he shared where it's like somebody, a police officer, was crying in a car and he's celebrating it.

Speaker 3

I just I find this guy to be.

Speaker 1

Utterly false in a way that is even staggering for politicians.

And I'm my concern, Buck, is you heard that answer right there.

My concern is he's just gonna try to glide because he is glib and he is good at talking.

He's just going to glide away from all the crazy opinions he had and say, well, that's not what I really meant.

That's not really her way that I wanted applied.

Here's a perfect example.

This has cut sixteen.

Speaker 2

He has asked straight up if he wished that he hadn't said he wanted to defund the police play sixteen.

Speaker 3

Do I wish you hadn't said some of those things a few years back?

Speaker 7

My statements in twenty twenty were ones made amidst a frustration that many New Yorkers held at the murder of George Floyd and the inability to deliver on what Eric adoms of all people described as the right for all of us to be able to enjoy safety and justice.

That we need not choose between the two.

Speaker 3

It's just a non answer.

Which is what this which is what he's going to do.

Speaker 1

And you're right about Joe Biden wasn't crazy enough to go fully down the defund the police BLM train, because I think at that point in time he had enough sanity to recognize that that was a poor decision.

And we've said on this program, probably the only thing Joe Biden got right in his whole career was the nineteen ninety four Crime Bill, which helped to put violent criminals behind bars, kept them off the streets, and has led to at that point a decline in the overall rate of violence.

Mamdanie is just he's an inauthentic yet articulate politician, and that means that he is going to be able to avoid consequences for anything that that he has said.

I think, and I think unfortunately he's going to be elected the next mayor of New York City.

The latest, the latest polling on this, the latest polling does not look good for anyone who's hoping Mom Donnie does not win because however you split it.

Even if Cuomo drops, he wins, If Adams drops, he wins, If a combination drops, he's it's not looking good.

Uh, and it's it's I think disproportionately the well, I know it is disproportionately the under forty vote in New York that he is counting on.

And there are people who live in New York City, and I understand this one of the great frustrations.

And this is true in a lot of cities in America right now.

It's certainly true in San Francisco, it's true in La I'm sure people complain even about the price of housing in downtown Nashville now right.

I mean, you know, people say it's expensive or it's got a lot more expensive not compared to New York.

But prices can run in these areas pretty rapidly.

But in New York the housing supply is artificially constrained in a number of ways by the regulations, by the super tenant friendly and landlord hostile laws that are in place, the massive welfare programs for housing that you know, I think it's a ny h AA or whatever is in the New York City Housing Authority.

Speaker 3

There's a lot, and.

Speaker 2

There's rent control, there's all these things that the government has done.

Oh, and there's all the illegals.

I mean, you go through this whole list.

There's all these things that are government decisions that have made housing substantially more expensive than it would otherwise be in New York.

And here comes a guy whose entire ideology is in line with all of those decisions, who's saying, oh, but I'm going to make things cheaper for you, and it's not going to work.

The people who are sitting around saying, oh, but I'll be able to afford to live here if Mom Donnie is the mayor are guaranteed to be very disappointed, but they're still gonna vote for him.

And you know, this is like real communism has never been tried, you know, real mom donniism.

You're gonna see, they're gonna they're gonna come up with some reason why someone else stopped and whatever.

The things that he is saying he's going to do are guaranteed to fail.

Bringing social workers instead, not even in addition to police, instead of police to mostly disturbed calls.

Imagine if that cop in Virginia, Clay who responded it was a wellness check on somebody who was having a mental breakdown.

Speaker 3

Imagine it was the cop as a social worker.

Speaker 2

That social worker by the former Georgetown player would have been stabbed to death with a butcher knife in that hallway in that building we all saw on the body camp.

Speaker 3

So what the heck is going on here?

Speaker 1

It's not even you can every he's wrong on everything, but the one that I look at, and I really it's not even blm because that was such a defund the police.

Any moron that you knew on social media in twenty twenty, oftentimes highly educated, was making that argument in twenty twenty.

That one doesn't even surprise me as much.

The fact that he's arguing that we should have city owned grocery stores is so dumb, Like that by itself is so profoundly dumb.

And he's making that argument right now.

He's not even trying to backtrack on that.

He's saying, oh, grocery stores are making too much money.

The profit margin on a grocery store is two percent at best.

It is one of the most difficult businesses to do well in all of American commerce.

And if you just look at all these socialist countries that decide, Hey, we're going to have government funded grocery store.

You can't go buy anything.

People stand in line for hours, there's never any food there, you can't price control.

And suddenly he thinks in New York City, where it's hard to bring things into anyway, right, the expensive for trucks and frigeration and everything else that's required, and he's arguing, Hey, I'm going to save people money on groceries by taking it over and doing city funding grocery stores.

Is so transparently unable to understand basic economics that that by itself is disqualifying to me.

Speaker 2

Well, this is what I mean is it's not like there's a trade off here.

And this is I think also exactly what you're getting at.

It's not that there's a trade off here of Oh, well, people want the following things from Mamdani, and even if he's bad on some things that you and I and others care about, he will deliver on things that they want.

He's going to fail on the things that they think they're getting as well.

Yes, it's just going to be a disaster across the board.

Speaker 1

And he doesn't even have he's articulate what has he ever done that is any level of success.

One rule that I wish was in place is in order to be running for politics, you have to have been profoundly successful in some other aspect of your life.

Right, Hey, I had success here and now I'm going to try politics.

What has mom Donnie ever done that he's been successful at.

I mean, look, he's very artic.

Speaker 2

He wasn't even successful at faking being black so he could get into Columbia University, which is that's right, quite a feat.

Speaker 1

I mean, he's good at communication, I guess, but he's never been successful to my knowledge in the communication fields anyway.

I just I think New York City is going to make this choice.

I think he's going to be elected mayor, and maybe he's just going to completely change all of his opinions.

There's that possibility, But if he actually tries to implement the things that he's arguing for, it's going to be one of the biggest disasters the city has seen in any of our lives in terms of elected political officials.

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Speaker 5

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Speaker 1

We are joined now by doctor Oz, who does a fabulous job inside of the Trump administration, working on so many different issues out there.

He is the administrator of the Centers for Medicare and Medicaid Services and working to make health technology great again.

There's a lot going on when it comes to the cost of healthcare, for sure, doctor Oz, you've been dealing with it for your entire life.

Are you optimistic about changes that you guys are going to be able to implement inside of the Trump administration?

Part one and Part two?

What should we expect to see?

Thanks for coming on with us.

Speaker 4

God bless you.

I am optimistic.

I'll as a doctor often has to.

There's some news I should get out of the way first, and then We've moved to the growth.

But we are spending twice as much per capita as any other country in the planet on our people left expectancy despite that investment is now five years shorter than Europe.

We're sicker.

It's one of the reasons that we don't live as long and that we do have to pay more because of our chronic illness.

This is why the MAHA movement has gained such traction, because moms know that it's gotten really hard to be healthy in America.

But the good news is that ninety percent of all the expenses, ninety percent of all the problems that I think we're facing both is paying for health care, but also being healthy is around chronic disease, which we have some control over, and mental illness.

They work together, and I could say the number one driver of all this is probably loneliness because if you're by yourself, there's no one to crutch on.

We are social creatures, you know.

A good part of our brain powers reading the face and listening to the voice of people around us, and people right now making sense to play what you're saying just because they can hear subtle little intonations in your tone.

That all becomes hugely valuable.

And when you lose that, you tend to become adamized, separate from everybody else.

So part of the challenge in the Trump administration, and President's very very clear on this is break the silos down, break down the barriers, and then use the power to convene.

And by that he means, you know, allow people to know that you're serious, that you have a stick you'll use if you have to, but you'd rather use carrots to get them to work together on their own voluntarily.

And that's what happened yesterday at the White House.

President hosted a wonderful event.

It was a sixtieth anniversary by the way of the Forum Foundation of Medicare and Medicaid, the agencies that I run, and the President had sixty of the biggest technology companies, the healthcare companies in America pledge promise they were going to do business differently.

They're going to give the American people their medical records back.

You own them, they're yours, You paid for them, You got the care that you needed, and there's information about that you should have access to.

And so we are getting all these companies together, and together are going to make possible.

We'll use it on your phone, the ability to get information and advice about your well being, to get your doctor bill to message you directly that may in fact make doctor's appointments, which is hard for a lot of Americans, and get the whole process to move forward in the twenty first century.

Like so many other sectors of the American economy have with great productivity and success.

Speaker 2

Doctor Oz.

One of the things you're hearing a lot out there, or we're hearing a lot out there.

I'm sure you do too from people who are critical of Trump well on everything, but particularly of the Big Beautiful Bill has to do with throwing millions of people off of Medicaid.

We are told, right this is the talking point from the Democrats.

Can you just break down what did the Big Beautiful Bill do with respect to Medicaid and health care funding so that everyone can hear it from somebody who's living with these spreadsheets right in front of him.

Speaker 4

The one, big beautiful Bill saved Medicaid, this beautiful program that was described by Hubant Humphrey as fulfilling our moral and government obligation to take care of those at the dawn of life, the children, those at the toilet of life, the seniors, and those living in the shadows.

Think about that metaphor that's who was designed for.

Back then, it never crossed anybody's mind that you would let an able bodied person live forever on Medicaid without having to at least tried to participate in the community, and every Democratic President.

Every Republican president has said the foundation of a social state net is work.

You're not supposed to just give people money and insurance.

You're supposed to say, here, this is something for you to get you back on your feet again, so that together we can row the oars and get society to be productive and get America to thrive.

And that's what this bill did.

It creates a work requirement.

President Clinton in the nineties with Well for Reform did this and it worked beautifully.

Edyone applause.

It is a huge success story.

This time the president, our President Trump does that.

Everyone criticizes the village wrong.

This was an opportunity to give the American people who are trapped in medicaid and the belief that they matter, that they have autonomy on their life, they have agency, give them a chance to get a job, to volunteer, to get educated, to participate as God gave them the right to do.

We're all put on this plan to do something.

And if you're going to watch six point one hours of television a day or just hang out, which is what that's the number.

By the way, for people who are able by on medicaid or aren't working.

That's not a life.

That's not what you're here for.

And so I think this will be judged very and wisely as a wonderful contribution to getting America back on the street again.

We've got twice as many jobs in this country.

Is people willing to do them.

Let's help people connect with the workforce.

This makes that easy, doctor Os.

Speaker 1

I think one of the things that's incredibly frustrating to so many people out there who spend so much money on their healthcare is we pay way more and we don't get the results that would suggest we should get based on what we're paying.

In other words, when you look at life expectancy, our numbers are not rate.

Why are we getting gouged and other wealthy countries.

I understand why they don't charge as much in countries where people are vastly inferior in wealth, But Europe pays, for instance, way less than we do for many of the same drugs.

Certainly Canada and Mexico.

People go across the border to buy the same drugs for a fraction of the cost.

I think that's one of the things that gets people the most fired up.

I know you saw it when you ran for Senate.

I'm sure you still hear it now.

Speaker 4

Well as always, what makes you so successful is your timely questions.

Within the hour, the White House announced a most Favored Nation prescription price, a letter from the President going out to all the major companies addressing exactly what you just described, the gouging of the American people, and the original executive order that some may remember for a few months ago asked that this global freeloading stop.

So here's what the President is saying to all the manufacturers, and it's our job to go out there and now negotiate these prices.

But he's saying, from now on, we don't want brand prices in American costing three times the exact same product in the same box, made the same factory as it costs in Europe.

And the metaphor for me is the NATO deal.

So with NATO, there's an external threat, the President said.

Because it's an external threat, we all have to chip in.

But we don't pay the whole bill in America.

You guys got to chip into.

That happened, as you know, with the exception of one country, all the European countries now are paying their fair share, he argues.

As an internal threat, as well illness.

Why is it that America cuts the bill for one hundred and thirty billion dollars of research and development in pharmaceutical product and then on top of that doing all the homework, we get the drugs out, then we pay most of the of the money that makes farmer profits.

Seventy percent of farmer profits are made in this country.

This is not the right thing for the American people.

Pharmaceutical industry knows that they know this is coming, and the letter just went out literally being mailed as we speak.

And our belief is that within several years we can get most drugs, the vast majority of these drugs to be most favored nation pricing.

It's going to be a huge asset to the American people, to governors trying to balance their state budgets, but it's also the right thing to do.

It shows that America will carry its the right mode.

But don't put it on us to cure all the cancer in the world.

Chip in help us out a little bit, just like with NATA, will do the same thing with this most favored nation prescription drug pricing.

Speaker 2

Doctor Oz, how do you foresee technology?

We're in this age of rapidly advancing capabilities with AI and robotics, and a whole range of tools that are already doing pretty marvelous things or showing marvelous possibility.

How is technology going to be leveraged under this Trump administration, which obviously you're a part of it, on the health side, to improve Americans health, to find cures to get us healthier.

Speaker 4

The American people have been waiting too long.

We've been waiting for to get the right information in the doctor's office, days and days when it should have been immediately delivered.

Speaker 5

We've waited for.

Speaker 4

The surprise bills from hospitals, to wait for access to our medical directords just to see stuff that we paid for.

And we've been waiting for Washington to take action.

The commitments that the President made yesterday with all these companies pledging puts an end to this waiting.

Technology is going to allow us to message you when you want to hear it about things going on in your life.

It's going to allow doctors to look at you in the eyes and talk to you instead of having a chart the whole time, because they've got a code so they can bill for the encounter.

It's going to make it much easier for us to fast track things like prior authorization, where you're trying to see if an insurance company's going to pay for something you thought you paid for.

All that's going to become automated much faster.

But the real benefit here, and this is a critical point, is we're going to be able to cut the fraud, waste, and abuse out of the system that's destroying it, maybe one hundred billion dollars of administrative costs unnecessarily.

You may have read last month we with a Department of Justice, we announced the fifty billion dollars down because we're at one point eight trillion dollar entity.

We're double the size of the defense budget.

And in order to get into our walls, they are security walls.

You can use the numbers that all Medicare beneficiaries have.

They're there, they're there, their their membership number, and so foreign companies and countries.

Literally the fifteen billion was a multinational criminal organization that's believed, I believe is based in Russia.

I mean, these are massive operations trying to take us down.

Technology is going to allow us to protect ourselves, but at its very core, the goal is not just to keep people alive.

It's to get them be vital, to get them to flourish.

The value of of an American who's help enough to work is much much greater than what it costs to treat them.

But we have to actually get at those wonderful folks who are making mistakes about their lifestyle in a timely fashion.

And technology, especially AI will let us talk to people in ways that we couldn't have before, to literally baby sit them through a process that they may be going through which a doctor just won't do on their own just they don't have the time.

And it also allows us to get to rural America which has been left behind, and let that part of the country thrive.

You should not have folks falling behind.

Every American ought to be cared for with the DIGNITATETD deserve.

It doesn't matter what gift go direct.

Speaker 3

Doctor Oz, appreciate you being with us, sir.

Speaker 4

God bless you, my friends.

Stay well.

Speaker 2

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Speaker 5

And politics, but also a little comic relief.

Clay Travis and Buck Sexton.

Find them on the free iHeartRadio app or wherever you get your podcasts.

Speaker 1

Welcome back in Clay Travis Buck Sexton Show.

Appreciate all of you hanging out with us.

We are joined now by Melissa Holyoke, Commissioner of the United States Federal Trade Commission.

A lot going on in uh in that world as we break down all of the different I would say, uh, just insanity that seems to be going on a day to day basis.

A lot of different mergers underway, a lot of different moving parts associated with the tariffs and everything else.

Speaker 3

You're new in the job.

How has that been for you so far?

Speaker 4

Oh?

Speaker 8

Well, thank you, thank you for having me on.

I'm super excited to be here.

Thanks Clay.

The job has been wonderful, it's been amazing.

We had a change in administration in January, so it's nice to finally have a positive agenda that we can implement.

But like you said, things are changing every day, lots of big things in our world.

I think what's interesting is we get a lot of questions about tariffs, and I will get a lot of questions about tariffs, but we don't even though the word trade is in our name, we don't necessarily do anything with tariffs other than see maybe some of the consequences of that.

So we don't negotiate those or enforce those.

So what we're looking at what the Federal Trade Commission does is protect America consumers United States mostly from fraud, theres and scammers, and like you said, from anti competitive behavior.

And we look at mergers in the world and see what's happening with companies, and we want to protect Americans from monopolists as well.

Speaker 2

What are some of the thank you for being with this Commissioner's buck, What are some of the primary frauds?

You know, one thing that we have a great sponsor on the show that deals with identity theft.

And one thing that I've seen is just how sophisticated some of these efforts are to do that.

It's really it used to be somebody would send you an email saying, you know, I'll give you a million dollars if you give me ten thousand, and unfortunately that would work far too often.

But it's a little bit, a little bit on the obvious side.

Now they're getting really good at pretending to be from a bank or I mean, what are the kind of scams or the kind of things the FTC is focused in on policing these days.

Speaker 8

That's such a great question, I mean, because that is a majority of our work, and what we want to focus on is just growing and growing lest It was ten billion dollars a couple of years ago and now it's grown twenty five percent over twelve billion, and it's what we want to focus on every day.

So, and what we're seeing, like you said, is we're seeing lots of sophisticated frauds and the use of different technologies.

So one of those examples is they use voice cloning technology.

So you'll have a grandma in the middle of the night get a call from what sounds exactly like her grandson saying I'm in jail, I need money, send this to me here, and it sounds just like them.

And those are the kinds of really concerning types of fraud where folks, everyone can would get you from it, not just it does.

It's a lot more sophisticated than some of the things that we've seen in the past, and we're trying to go out and educate consumers on some of these these more sophisticated frauds.

Speaker 2

What are the enforcement mechanisms, like what can you when you find something that's going on.

I mean, you're not the FBI, right, so what what enforcement mechanisms does the FTC have access to?

And how does that process work when you find the fraudsters.

Speaker 3

Then what.

Speaker 8

Great question.

So what we do is a lot of the times we're looking at trends of frauds.

So we have a really large database that we have that many many states have access to, and we look at complaints that are coming in.

I think one thing that I want to if I could get a message out, one thing is to make sure to report the fraud.

We have a website that says that where you can report the frauds and we take those complaints and we start from there and able to in order to do like you said, investigations we can.

We will issue civil investigative demands.

If we think there's a criminal component to it, we work with our criminal partners.

We will go reach out to the Department of Justice or others state partners, US attorneys and districts across the country and work with them if those are those of criminal components are applicable to.

Speaker 2

So basically you can flag something for DOJ, and then DJ can actually make it a criminal matter if that's the kind of fraud you're.

Speaker 8

Talking about exactly.

But we don't have to stop just because there might be a criminal component.

A lot of times we can move really fast in terms of freezing assets and going in and making sure like to stop the bleeding and basically have those assets available if it's and when we can get some money back to consumers.

Speaker 1

One of the biggest challenges I would imagine in the merger space is technology and the fact that this thing is moving so rapidly, whether it's AI or elsewhere, that we typically think of monopoly power as something that leads to higher prices.

But in the universe that we're in now, some of these huge tech companies are arguing that when they are merging, when they are buying new assets, it's actually leading to lower prices.

How do you balance all this out?

Because the tech universe has definitely maybe upset the Apple card of what monopolistic power truly looks like.

Speaker 8

I think that's so important that we're actually analyzing what the harms are.

Like you said, we have mergers that we look at.

So many mergers that get filed and we get notification of them, but in the vast majority of them, like literally ninety eight percent of cases, there's no real problems there in terms of the merger, and in fact, a lot of mergers provide benefits for consumers, and so what we want to do is make sure we're getting out of the way if there are our mergers out there that can really provide benefits, because the faster that they can move, the better and quicker that those benefits can go to consumers.

And then in the smaller amount of cases, yes, we'll take a second look in those two percent of cases to see what's happening.

But like you said, in these in tech and in big tech, these are extremely dynamic markets.

Things are changing all the time, and we want to be analyzing them correctly.

So we're not providing or we're not preventing any benefits that consumers could couldn't enjoy.

Speaker 3

Outstanding stuff.

Well, look, we need you back.

Speaker 1

I know you got a lot to get on involved in because we've got what the big rail merger that they're talking about right now.

I'm sure you're going to be diving into so many of these different cases, so many of these different decisions.

Speaker 3

Just keep us on speed dial.

Speaker 1

We want you on to be able to bring us up to speed on so many of these different issues going forward to congratulations on hopefully being able to get a lot more done now with the new administration.

Speaker 8

Well, I appreciate that so much.

I love the work that I'm doing.

It's it's very important.

I will say one thing that is that if I can just leave with a few last moments thoughts related to the terriffs, I think there's just been this real reinvigoration of American manufacturing, American exceptionalism.

And the one thing that the FTC has been focusing on in the month of July is the Made in the USA and label rule and oh are enforcement efforts there?

And if folks are looking and they're seeing problems made in the USA labels that they just don't that are suspect to them, they can email us at MUSA at a FTC dot org.

But we also work with businesses, So if businesses are trying to comply with the law and want to make sure that they are advertising truthfully and really working with consumers on that, they can also email.

Speaker 3

Us because lots of people plug for that.

Speaker 1

Yeah, lots of people sadly do try and lie about them Made in the USA.

We've done reading and studies on that, so I'm glad that you can be on top of it, because obviously is something that many people want to be able to spend their money on Yes, absolutely, thank you so much.

That's Melissa Hollyoak with the FTC.

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