♪.
CHARLES: SO THE JULY SUPPLY
CHAIN REPORT FROM THE
INTERNATIONAL ENERGY AGENCY,
UNDERSCORES WHY THIS MAD RUSH TO
FORCE AMERICANS INTO ELECTRIC
VEHICLES IS ECONOMIC SUICIDE IT
IS ALSO AN ASSAULT ON THE PLANET
BECAUSE OF THE AMOUNT OF RAW
MATERIALS THAT WILL BE NEEDED TO
SATISFY EMISSIONS.
IT IS ABSOLUTELY STAGGERING.
ESSENTIALLY ALL OF THESE RICH
NATIONS IN THE ORANGE ARE GOING
TO POISON BODIES OF WATER, THEY
WILL STRIP MINE AND DEVELOP AND
UNDERDEVELOPED NATIONS TO DO
THIS.
THIS IS WHAT WE NEED HERE,
FOLKS.
BY 2030 IF THEY MEET THE
EMISSION PLEDGES WE NEED 50 MORE
LITHIUM MINES, WE NEED 60 MORE
NICKEL MINES.
WE NEED 70 MORE COBALT MINES.
BY THE WAY YOU LOOK AT THE
STAGES HOW ALL OF THIS IS DONE,
CHECK IT OUT, AMERICA IS HARDLY
ANYWHERE ON THIS.
FROM THE VERY BEGINNING MINING,
YELLOW, ARE THE KIDS DIRTY WATER
IN CONGO LONGING FOR COBALT.
INDONESIA, RUSSIA IS WITH
GRAPHITE.
AS THE PROCESS GOES ON THIS LINE
GETS MORE BOLD.
CHINA IS PROCESSING PART,
BATTERY CELLS.
WHEN THE WHITE HOUSE TALKS ABOUT
ENERGY INDEPENDENCE, BATTERY
CELLS, WHO DOMINATES THAT?
WE’RE NOWHERE ON THERE.
WE HAVE A SMALL SLIVER.
THIS IS CHINA, RIGHT?
WE’LL BE DRIVING EVS AND OF
COURSE PRESIDENT BIDEN WILL
TAKE, WILL BRAG ABOUT IT,
TALKING ABOUT ENERGY SECURITY
BUT IT IS DEMONSTRABLY FALSE.
LOOK AT THE THING HERE.
HERE IS WHAT IS HAPPENING, THE
MOST PROMINENT ROLE AMERICA HAS
IN THIS WHOLE THING AT THE VERY
END.
AS THE BUYER.
THIS BILL JUST SUBSIDIZES
WEALTHY COLLEGE GRADS IN URBAN
SETTINGS WITH TAXPAYER MONEY SO
THEY CAN BUY EVs.
WITH ME NOW TENNESSEE SENATOR
MARSHA BLACKBURN.
YOU KNOW, SENATOR, WE’RE LOOKING
AT A CLIMATE BILL THAT DOES
NOTHING FOR CLIMB MAST AND
INFLATION REDUCTION ACT THAT
DOES NOT REDUCE INFLATION AND IT
IS DRIVING ME CRAZY.
I WANTED YOUR THOUGHTS ON THIS.
>> YOU’RE VERY ACCURATE IN THAT.
THEIR CLIMATE BILL, WHAT IT WILL
DO IS JUST TRANSFER WEALTH TO
CHINA BECAUSE CHINA IS THE, WHO
DOES 80% OF THESE LITHIUM-ION
BATTERIES.
WHEN THEY TALK ABOUT SOLAR FOR
ENERGY OR WHEN THEY’RE TALKING
ABOUT WIND FOR ENERGY, WHO
BENEFITS FROM THAT?
CHINA.
AGAIN WITH THE SOLAR PANELS,
THEY’RE THE ONES THAT ARE
DUMPING THOSE ON THE MARKET.
WHEN YOU LOOK AT THE WINDMILLS
WHERE ARE THEY BEING PROCESSED?
IN CHINA.
AND CHARLES, YOU MENTIONED THE
STRIP MINING THAT IS TAKING
PLACE, IN AFGHANISTAN, IN
SOMALIA, IN SOME OF THESE
COUNTRIES, IT IS THE CHINESE
COMMUNIST PARTY THAT IS DOING
THIS STRIP MINING AND THEN, AS
THEY ARE TANKERRING OR FLYING
THESE RARE EARTH MINERALS BACK
TO BEIJING AND TURNING IT INTO
THE BATTERIES AND THE PROCESSERS
THAT THEY NEED.
CHARLES: I WILL POINT.
YOU CAN’T SEE THIS.
THE BATTERY CELLS IS PART OF
THIS WHAT YOU’RE TALKING ABOUT,
SO-CALLED ENERGY INDEPENDENCE
PART THAT THE WHITE HOUSE KEEPS
BRAGGING ABOUT THAT IS ALL ABOUT
CHINA AND WE’RE GOING TO BE THE
ONES SUBSIDIZING THIS.
NOW ON THIS WHOLE ENERGY THING,
THERE WAS SOME NEWS OUT TODAY,
OPEC PLUS.
THEY JUST ANNOUNCED THEIR
SMALLEST PRODUCTION HIKE IN
HISTORY.
PRESIDENT BIDEN, HE WENT OVER TO
SAUDI ARABIA, HE MET
FACE-TO-FACE WITH MBS.
HE INSINUATED THAT WHEN HE CAME
BACK WE’LL GET A LOT OUT OF THAT
DEAL.
INSTEAD IT FEELS LIKE WE GOT
NOTHING BUT EMBARASSMENT?
>> YOU’RE RIGHT ABOUT THAT.
THINK ABOUT IT, THEY PRODUCE
10 MILLION BARRELS PER DAY.
BIDEN GOES OVER THERE HAT IN
HAND, DOES THE FIST BUMP, SAYS,
HEY WE NEED TO YOU PRODUCE MORE.
SO WHAT DID THEY DO?
THEY SENT HIM A MESSAGE SAYING
WE WILL INCREASE OUR PRODUCTION
BY 100,000 BARRELS.
SO THAT IS ALL THEY ARE DOING.
CHARLES: YEAH.
>> WHAT THEY’RE SAYING TO HIM,
LOOK, WE’RE IN CHARGE, WE KNOW
WE’RE IN CHARGE AND DON’T
FORGET, THE LARGEST HOLDERS OF
U.S. DEBT IS CHINA, JAPAN, AND
THE THIRD IS OPEC PRODUCING
NATIONS.
THEY ARE SENDING A MESSAGE, THAT
THEY KNOW THEY’RE IN CHARGE.
THEY GOT HIM OVER THAT BARREL OF
OIL AND EVERY DAY, EVERY DAY
WE’RE IMPORTING 670,000 BARRELS
OF OIL.
CHARLES: IT’S NUTS.
>> IT IS.
CHARLES: LET ME JUMP IN HERE
SENATOR, I HAVE RUN OUT OF TIME
BUT I HAVE TO GO OVER, IF
REPUBLICANS TAKE THE HOUSE AND
SENATE, WHAT WOULD BE DIFFERENT?
IT IS ONE THING TO COMPLAIN BUT
ANOTHER THING TO MAKE A CHANGE,
WHAT WOULD BE DIFFERENT?
>> WHAT YOU WILL SEE US MOVE
LEGISLATION THAT WOULD RESTART
THE KEYSTONE PIPELINE.
YOU WOULD SEE US TAKE STEPS TO
OPEN UP ANWR.
TO GO BACK TO OFFSHORE DRILLING
AND THEN IF BIDEN VETOES THAT
LEGISLATION, WE WOULD PUSH TO
OVERRIDE IT.
THE AMERICAN PEOPLE ARE TIRED OF
BEING BROKE.
CHARLES: YES.
>> THEY KNOW THAT BUILD BACK
SUPPOSEDLY BETTER IS NOTHING BUT
BUILD BACK BROKE.
CHARLES: MBS SAID GO POUND SAND
TODAY.
WE ALL HEARD IT LOUD AND CLEAR.