Published Nov 28, 2018

Ep. 860 President Trump Is Holding All the Cards

Dan Bongino delves into the economic implications of rising interest rates and illegal immigration, debunks myths about Trump tax reforms, and exposes Russian influence tactics through figures like Oleg Deripaska affecting both Obama and Trump-era politics, emphasizing Trump's strategic positioning in a politically turbulent landscape.
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Episode Highlights

  • Potential Candidates

    evaluates the potential of rising political figures, drawing historical comparisons and making predictions about upcoming elections. He recalls a moment from his past when he predicted 's rise after hearing a powerful speech, suggesting that might be a similar figure today 1. Dan warns listeners to be cautious of charismatic figures who may lack depth in their policies but can still captivate audiences with aspirational rhetoric.

    There's another Barack Obama out there right now who speaks in similar Hopi Changi type of talk.

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    He also critiques the notion of "free college," arguing that it is misleading and that student debt remains an issue even in countries with free tuition 2.

       

    Rising Interest Rates

    The discussion shifts to the economic implications of political actions, particularly focusing on rising interest rates. Dan highlights the warning signs of increased bond auction sizes and decreased foreign participation, which could lead to higher interest rates 3. He warns that this situation could escalate quickly, affecting mortgage and car loan rates, and emphasizes the need for immediate action to prevent a financial crisis.

    When this hits, it's going to hit fast. And how is this going to show up in the form of interest rates?

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    Dan also addresses the looming "debt apocalypse," stressing the dangers of the national debt and the unsustainable borrowing required to finance government expenditures 4.

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