♪.
LARRY: JOINING ME NOW SENATOR
KEVIN CRAMER FROM THE GREAT
STATE OF NORTH DAKOTA.
WE’RE GOING TO TALK ABOUT THE
BAD NEWS WHICH IS INFLATION.
WE’LL GET TO THE GOOD NEWS WHICH
IS THE UKRAINE STORY WHICH SEEMS
TO BE IMPROVING.
MR. CRAMER, WELCOME BACK, SIR.
FIRST OF ALL, WHAT DID YOU MAKE
OF THE INFLATION NUMBERS?
APPARENTLY THEY’RE HOLDING A
CELEBRATORY PARTY, JAMES TAYLOR,
WHO KNOWS WHAT, IN THE
WHITE HOUSE WHICH I THINK IS A
SLAP IN THE FACE TO AMERICA’S
GREAT MIDDLE CLASS WORKING FOLKS
BUT WHAT DO YOU THINK AFTER
TODAY’S NUMBER?
>> WELL, FIRST OF ALL WITH
REGARD TO THE PARTY OVER AT THE
WHITE HOUSE THE ONLY THING I CAN
SAY IS, THE ONE THING THAT’S
MORE INCOMPETENT THAN THEIR
POLICIES IS THEIR POLITICS.
HOW YOU CAN BE SO TONE DEAF AS
TO CELEBRATE ON THIS DAY A BILL
THAT THEY DUBBED THE INFLATION
REDUCTION ACT IS BEYOND TONE
DEAFNESS.
IT IS SO DISGUSTING.
IT IS OFFENSIVE.
I THINK IT WILL BLOW UP IN THEIR
FACES.
WITH REGARD TO THE NUMBER, I
WASN’T AT ALL SURPRISED.
IN FACT THE FACT THAT IT CAME IN
WORSE THAN WHAT WAS EXPECTED, IT
DIDN’T SURPRISE ME AT ALL, FOR
ALL THE REASONS YOU’VE BEEN
TALKING ABOUT.
WE SHOULD, I THINK BE CRYSTAL
CLEAR, LARRY, THIS IS THE BIDEN
ADMINISTRATION’S FAULT.
IT IS NOT ANYBODY ELSE’S.
NO ONE SHARES THIS WITH THEM
EXCEPT THE ADMINISTRATION AND
DEMOCRATS IN CONGRESS BECAUSE
WHEN YOU LOOK AT NUMBERS
YEAR-OVER-YEAR, THEY’RE
OBVIOUSLY BAD.
FOOD INFLATION IS THE HIGHEST IT
HAS BEEN SINCE JIMMY CARTER WAS
PRESIDENT.
SHELTER INFLATION FOR HOUSING,
HIGHEST IT HAS BEEN SINCE 1982,
LARRY.
THIS IS ALL BECAUSE OF THE
AMERICAN RESCUE PLAN, TWO
TRILLION DOLLARS POURED ON TO
THE ECONOMY.
NOW RECENTLY 3/4 OF A TRILLION
DOLLARS THEY POURED ON THAT CAME
IN THE FORM OF THIS INFLATION
REDUCTION ACT WHICH IS REALLY
THE GREEN NEW DEAL.
THEN YOU THROW ON THIS CRAZY
STUDENT LOAN FORGIVENESS THING.
IT IS NO WONDER THAT INFLATION
IS RAMPANT.
IT IS GOING TO GO ON FOR A LONG
TIME.
I AGREE WITH YOU.
I DO NOT SEE AN END IN SIGHT
CERTAINLY FOR THE NEXT SEVERAL
QUARTERS.
LARRY: THAT IS THE PROBLEM WITH
THIS STORY IS, AND THE ECONOMY
IS GOING TO KEEP SINKING BECAUSE
OF THE INFLATION PROBLEM AND
REAL WAGES FALLING THIS IS GOING
TO BE, IT WILL TAKE A WHILE IF
WE CAN EVER SOLVE IT.
JUST THINKING AS YOU WERE
TALKING ABOUT THESE MOST RECENT
INFLATION REDUCTION ACT AND
CANCELING OF STUDENT LOANS.
SENATOR CRAMER, IF THE GOP TAKES
BOTH HOUSES, CAN YOU REPEAL THE
INFLATION REDUCTION ACT, AND CAN
YOU OVERTURN THE CANCELLATION OF
THE STUDENT DEBT WHICH A LOT OF
US INCLUDING MYSELF THINK WAS
UNCONSTITUTIONAL IN THE FIRST
PLACE?
CAN YOU GET RID OF THAT STUFF IF
YOU TAKE BACK CONGRESS?
>> WELL ON THE LEGISLATIVE SIDE,
PRETTY DIFFICULT TO DO BECAUSE
THE PRESIDENT WOULD VETO ANY
BILL THAT WOULD UNDO A PREVIOUS
BILL.
WITH REGARD TO STUDENT LOAN
DEBT, I DO BELIEVE IT WAS LIKE
YOU UNCONSTITUTIONAL, GROSSLY
UNFAIR OBVIOUSLY AS WELL AS
BEING INFLATIONARY.
HOPEFULLY LITIGATION WILL TAKE
CARE OF THAT, IF NOTHING ELSE
DOES.
BECAUSE I DON’T SEE AGAIN HOW WE
CAN UNDO SOMETHING WHILE HE,
JOE BIDEN IS STILL IN THE
WHITE HOUSE, UNLESS, UNLESS,
THAT LONG, LOST JOE BIDEN THAT
WAS ONCE A DEAL-MAKER THAT WAS
TRANSACTIONAL, UNLESS WE CAN
FIND THAT JOE BIDEN AGAIN MAYBE
IN DIVIDED GOVERNMENT WE COULD
AT LEAST UNDO SOME OF THE DAMAGE
BUT YOUR PREVIOUS GUESTS MAKE AN
IMPORTANT POINT, EVEN WITH THE
DIVIDED HOUSE AND SENATE, AT
LEAST WE CAN STOP SOME OF THE
BLEEDING BUT IT’S IMPORTANT WE
TAKE THE SENATE.
LARRY LET ME TELL YOU WE’RE
GOING TO.
I KNOW SOME PEOPLE ARE WRINGING
THEIR HANDS AT RECENT TRENDS.
I’M TELLING YOU REPUBLICANS WILL
TAKE THE HOUSE AND WE’LL TAKE
THE SENATE.
WHEN WE DO THE ONE PIECE OF
LEVERAGE WE HAVE SIGNIFICANT AS
YOU KNOW OF COURSE, IS THE
CONFIRMATION OF NOMINEES.
AND THE PROMOTION OF PEOPLE IN
THE PENTAGON AND STATE
DEPARTMENT.
THE SENATE HAS THAT UNIQUE POWER
AND WE OUGHT TO WIELD IT AND USE
IT WITH OVER POSSIBLE AMERICA
SURE THAT WE CAN TO STOP SOME OF
THIS STUFF AND TRY TO CHANGE THE
TRAJECTORY.
BECAUSE YOU’RE RIGHT, WE NEED A
SUPPLY SIDE SOLUTION REALLY,
REALLY QUICKLY.
WE NEED TO GET BIT RIGHT AWAY.
LARRY: YOU KNOW I RIFFED LAST
NIGHT, I’M OPTIMISTIC.
I THINK ALL THIS NEGATIVE AUGUST
TALK, DEMOCRATS ARE COMING BACK,
I DON’T SEE IT.
I THINK WE HAVE FINE CANDIDATES.
THEY COULD REFINE THEIR MESSAGES
SOMEWHAT LIKE TODAY, INFLATION
IS GOING TO BE ON THE FRONT
PAGES OF EVERY NEWSPAPER, EVERY
SINGLE MEDIA OUTLET.
THEY HAVE TO GO FOR IT.
I’M OPTIMISTIC.
KELLYANNE CONWAY WAS ON LAST
NIGHT.
SHE ACTUALLY KNOWS SOMETHING
ABOUT POLITICS UNLIKE MYSELF.
SHE THINKS THEY’RE IN PRETTY
GOOD SHAPE TOO.
SENATOR, GO COUPLE MINUTES, THE
NEWS ON UKRAINE, I BELIEVE
YOU’RE ON THE ARMED SERVICES
COMMITTEE, IS THAT CORRECT?
>> I AM.
LARRY: SO THE NEWS ON UKRAINE IS
IMPROVING, OKAY, QUITE A BIT.
THE COUNTEROFFENSIVE IS TAKING
BACK THE NORTHEAST.
KHARKIV FOR EXAMPLE, AND THEY
GOT THE RUSSIANS ON THE RUN.
THERE IS TALK THAT RUSSIANS ARE
WITHDRAWING TROOPS.
THEY’RE NOT EVEN GOING TO HOLD
ELECTIONS IN THE EASTERN PART OF
UKRAINE.
WHAT DO YOU MAKE OF THAT?
I HATE TO JUMP AROUND WITH A
VICTORY DANCE BUT IT SURE READS
BETTER?
>> WELL, FIRST OF ALL WE AUTO
ENJOY VICTORIES WHEN WE GET
THEM.
CERTAINLY MOMENTUM IN UKRAINE
PROVIDES OPPORTUNITY.
WE HAVE TO BE CAREFUL NOT TO
SPIKE THE FOOTBALL BEFORE WE
CROSS THE GOAL LINE, THAT SAID,
I PREVIOUSLY WAS TALKING WITH
YOU FORMER MEMBERS OF PARLIAMENT
FROM UKRAINE WHO ARE HERE
ADVOCATES FOR THEIR COUNTRY AND
GIVING US THE LOWDOWN.
THEY’RE FEELING PRETTY GOOD,
OBVIOUSLY QUITE OPTIMISTIC.
WAR, I HATE TO KEEP USING SPORTS
ILLUSTRATIONING, WAR IS LIKE
SPORTS, MOMENTUM MEANS AS MUCH
AS ANYTHING.
MOMENTUM SUGGESTS SUCCESS AND
ATTRACTS MORE SUCCESS.
ONE OF THE CHALLENGES THAT WILL
BE FUN TO WATCH, INTERESTING TO
WATCH FROM A DISTANCE HOW DOES
THIS AFFECT VLADMIR PUTIN AT
HOME?
THE RESOLVE OF THE RUSSIAN
PEOPLE, MANY OF WHOM DIDN’T HAVE
THEIR HEARTS IN THIS IN THE
FIRST PLACE.
I THINK AS LIFE GETS MORE
CHALLENGING FOR VLADMIR PUTIN,
YOU KNOW, I THINK THE MOMENTUM
CONTINUES WITH THE PEOPLE OF
UKRAINE AND THERE WAS VERY BRAVE
WARRIORS THAT ARE FIGHTING A
FIGHT WITH NOT NEARLY AS GOOD OF
A WEAPONS SYSTEMS BUT A LOT MORE
HEART.
QUITE FRANKLY A LOT FEWER OF
THEM.
BUT REMEMBER, WHAT THEY’RE
FIGHTING FOR, LARRY.
THEY’RE FIGHTING FOR THEIR
FREEDOM.
LARRY: YEP.
>> THEIR COUNTRY.
THAT IS A GREAT MOTIVATOR AS
WE’RE REMINDED WHEN WE THINK
ABOUT OUR OWN START TO OUR OWN
GREAT COUNTRY.
LARRY: YOU FIGHT LIKE HELL FOR
YOUR OWN HOMELAND.
THAT’S RIGHT.
THE FREEDOM, THE MORALE.
I MEAN THERE IS A LOT OF RUSSIAN
BODY BAGS GOING HOME.
YOU READ THESE NEWS ACCOUNTS.
THE RUSSIAN ARMY, THEIR KIDS ARE
FLEEING.
THEY DON’T WANT ANY PART OF IT.
THEY’RE LEAVING THEIR KNAPSACKS
BEHIND, THEY’RE RUNNING.
THERE IS A LOT OF CRITICISM OF
PUTIN.
I JUST WONDER WHETHER THERE WILL
BE SOME CHANGES IN THE KREMLIN.
GIVE YOU THE LAST WORD ON THAT
ONE?
>> CERTAINLY WOULD BE
INTERESTING TO SEE THAT HAPPEN.
OF COURSE YOU DON’T GO INTO THAT
LIGHTLY, WHEN YOU’RE DEALING
WITH A THUG LIKE HIM.
HE ALWAYS GOT HIS HAND ON THE
RED BUTTON THAT SCARES A LOT OF
PEOPLE, RIGHTFULLY SO, TO BE
TAKEN SERIOUSLY.
AT THE SAME TIME EVEN
DICTATORIAL THUG LIKE VLADMIR
PUTIN CAN’T CONTROL MILLIONS OF
PEOPLE WHEN THEY TURN ON HIM.
SO WE NEED TO CONTINUE TO
SUPPORT UKRAINE OBVIOUSLY.
WE NEED TO HAVE UKRAINE KEEP
THIS MOMENTUM.
I WOULD LIKE TO SEE EVEN MORE
SUPPORT FROM OTHER EUROPEAN
ALLIES, UNITED STATES IS
CARRYING A PRETTY BIG PART OF
THIS BURDEN.
WE NEED TO SEE THIS CONTINUE.
BUT AT THE SAME TIME, LARRY WE
NEED TO COME TO THE RESCUE OF
EUROPE WITH CLEAN, AMERICAN,
PRODUCED OIL AND NATURAL GAS AND
FILL THAT VOID AS WELL.
THAT WILL HELP OUR ECONOMY.
THAT HELPS THEIR SECURITY.
IT IS GOOD FOR THE WORLD.
LARRY: YEAH.
TURN ON THE SPIGOTS.
DON’T MAKE THIS ANY HARDER THAN