SHE HAS SAID IF THEY DON’T GET
THIS RESOLVED AND SOON, WE COULD
BE FACING A RECESSION.
MY COLLEAGUE AND FRIEND KENNEDY
ON ALL OF THIS.
YOU KNOW, KENNEDY, I’M THINKING
IF FEAR WERE A MOTIVATOR, WE’D
HAVE HAD THIS SOLVED.
APPARENTLY, IT IS NOT.
MAYBE JOHN BARREN HAD IT RIGHT
THAT WE NEED -- JOHN BOEHNER HAD
IT RIGHT THAT WE NEED TO BE MUCH
CLOSER THAT THIS DEADLINE.
>> THEY’RE TALKING ABOUT GETTING
IT DONE SO THEY CAN RAISE THE
DEBT CEILING, BUT WE BORROW MORE
MONEY TO PAY FOR THAT ATROCIOUS
SPENDING THAT IS ONLY GOING TO
RAISE TAXES AND FORCE THE
GOVERNMENT TO COMMIT
GENERATIONAL THEFT BECAUSEST THE
YOUNGER GENERATIONS’, IT’S YOUR
CHILDREN AND YOUR GRANDCHILDREN
WHO ARE STILL GOING TO BE
FOOTING THE BILL FOR THIS --
NEIL: WELL, MAYBE THERE IS NO
BILL.
WON’T ADD ONE PENNY TO THE
DEFICIT AND THE DEBT.
>> WELL, THERE IS A COST.
THERE’S ALWAYS A COST WHEN
YOU’RE TALKING ABOUT $3.5
TRILLION.
THEY WOULDN’T BE TALKING ABOUT
THE DEBT CEILING SO WE COULD
BORROW MORE MONEY.
WHAT THEY COULD DO, WHAT WOULD
BE THE RESPONSIBLE THING
ESPECIALLY WHEN YOU’RE TALKING
ABOUT MEDICARE REACHING
INSOLVENCY IN FIVE YEARS IS THEY
COULD CUT SPENDING.
BUT NO ONE IS TALKING ABOUT
DOING THAT FROM EITHER PARTY.
THEY JUST WANT TO KEEP ADDING
THESE MASSIVE BILLS ONE ON TOP
OF ANOTHER TO THE POINT WHERE
THE NUMBERS DON’T EVEN MAKE
SENSE ANYMORE.
AND I THINK PEOPLE LIKE BERNIE
SANDERS JUST WANT TO CONFUSE
PEOPLE WITH UTTER NONSENSE SO
THEY STOP PAYING ATTENTION.
BUT, YES, PEOPLE ARE NOT
RESPONDING TO FEAR.
THAT’S BECAUSE WE’VE COME OFF
THE A PANDEMIC WHERE PEOPLE’S
LIVES HAVE BEEN CONTROLLED,
WOMEN HAVE NOT BEEN ABLE TO
ENTER INTO THE WORK FORCE
BECAUSE THEIR KIDS WERE KEPT
HOME FROM SCHOOL FOR A YEAR AND
A HALF, AND THAT SORT OF CONTROL
HAS GOTTEN THEM NO WHERE.
KIDS ARE MISERABLE.
BUSINESSES ARE STILL AND SPUTTER
AND THE GOVERNMENT IS ASKING TO
TAKE MORE MONEY SO, YES, THERE’S
A GREAT DEAL OF MISTRUST THERE.
NEIL: GETTING BACK TO WHETHER
WE’RE GOING TO DEFAULT OR NOT,
THEY’VE ALREADY GOT A NUMBER OF
CONTINGENCY PLANS.
FEDERAL GOVERNMENT IS CREATIVE
WITH COMING UP WITH PLANS TO
KEEP THINGS GOING, BUT THE WEIRD
ONE I’VE HEARD IS A TRILLION
DOLLAR COIN --
>> YES.
NEIL: -- THAT, YOU KNOW, THE
TREASURY COULD MINT VERY, VERY
QUICKLY, AND IT IMMEDIATELY GOT
THE WORLD RANSOME FOR $1
MILLION.
NEIL: HOW ABOUT $1 TRILLION?
IN ONE COIN.
>> THAT’S MORE LIKE IT.
NEIL: I DON’T GET IT.
>> IT’S SUCH A STUPID IDEA, IT
DOESN’T MAKE ANY SENSE.
IT IS THE THEORETICAL MONEY
BECAUSE WHAT THEY’RE SAYING IS
WE’RE GOING TO MINT A TRILLION
DOLLAR COIN OUT OF PLATINUM,
BECAUSE YOU CAN’T DO IT OUT OF
SILVER, GOLD, AND THERE’S ONLY
SO MUCH PAPER YOU CAN PUT INTO
THE MONEY SUPPLY, BUT NOBODY
SAID ANYTHING ABOUT PLATINUM.
WHY NOT GO BIGGER?
WHY NOT RODE YUM?
OR CALIFORNIA YUM?
OR ANTIMATTER, THE MOST
EXPENSIVE STUB STANCE ON -- IS
SUBSTANCE ON THE PLANET.
NEIL: IS THE ARGUMENT YOU CAN
BYPASS WHAT ARE YOUR
ELIMINATIONS ARE BY JUST HAVING
TREASURY MINT A COIN, WHY NOT
MINT $30 TRILLION TO DEAL WITH
THE WHOLE THING?
>> YEAH.
THAT’S WHY PEOPLE HATE THE FED,
BECAUSE THEY DO IS TIPGER THE
AROUND -- TICKER THE WITH THE --
NEIL: SAID SOMETHING EARLIER,
NOT THAT WE WEREN’T IN RAPT
ANTICIPATION, BUT THIS NOTION
THAT WE CAN BE VERY CREATIVE AT
FINDING WAYS TO GET MONEY,
RIGHT?
BUT NOT VERY CREATIVE IN HOW WE
SPEND IT.
>> NO.
NEIL: AND I’M WONDERING WHETHER
THAT’S THE ARGUMENT LOST HERE.
WE KEEP BUMPING UP AGAINST THESE
CEILINGS BECAUSE WE KEEP SPEND
ISING.
AND WE’RE GOING TO KEEP DOING
IT.
IN FACT, TEN YEARS AGO WE HAD
OUR DOWNGRADED BECAUSE RATINGS
AGENCY SAID ENOUGH OF THIS
NONSENSE IS.
IT’S KABOOKY THEATER ON
STEROIDS, AND YET IT KEEPS
HAPPENING.
>> YES, AND IT’S A SHELL GAME.
I OVER THE PANDEMIC BECAME
EXPRESSED WITH MARIE CONDO WHO
GOES INTO PEOPLE’S HOME AND
HELPS THEM DECLUTTER.
IN TERM OF WHAT WE SPEND MONEY
ON, WE’VE GOT WAY TOO MUCH
CLUTTER.
FEDERAL GOVERNMENT HAS WAY TOO
MUCH CLUTTER.
WE NEED TO GET RID OF STUFF.
BUT INSTEAD, YOU KNOW, WE’RE
THOSE PEOPLE WHO GO TO GARAGE
SALES AND WALMART AND JUST GET
MORE STUFF, AND I SOMEHOW
SHOVING MORE STUFF INTO OUR
CLOSET IS GOING TO MAKE US
HAPPIER AND SOLVE THE PROBLEM?
NO, IT COMPOUNDS THE PROBLEM.
SO THAT’S WHERE THEY’RE AT.
YES, THEY HAVE TO PRUNE SOME OF
THIS AND THE REDUNDANCY, THINGS
THEY SPEND MONEY ON, THEY SPEND
MONEY ON THE EXACT SAME THING
WITH SO MANY DIFFERENT PROGRAMS,
SO IF YOU ACTUALLY HAD A
COMMISSION OF DIFFERENT PARTIES
AND PEOPLE WHO WERE SERIOUS
ABOUT GETTING RID OF SOME OF THE
REDUNDANCIES --
NEIL:
[INAUDIBLE]
>> MARIE CONDO, SHE WOULD FIX
THE WORLD IF THEY WOULD LET HER.
NEIL: WOW.
>> SHE’S A TINY WOMAN, AND SHE
GOES --
[LAUGHTER]
IF SOMETHING BRINGS JOY TO YOUR
HEART, YOU MAKE THAT NOISE.
THE GOVERNMENT IS NOT MAKING
THAT NOISE.
NEIL: THAT IS BRILLIANT.
THIS IS THE KIND OF INSIGHT YOU
GET 7 P.M --
[LAUGHTER]
FOX BUSINESS NETWORK, MONDAY
THROUGH THURSDAY, KENNEDY.
I CAN TELL YOU BECAUSE HOW MANY
YEARS HAVE YOU BEEN HERE?
>> NINE YEARS.
NEIL: 25.
>> HAPPY 25TH BIRTHDAY, BY THE
WAY.
WHOO!
IT’S YOUR SHOW.
>> YOUR A GREAT -- YOU’RE A
GREAT TALENT, BUT, YOU KNOW,
YOU’RE A GREAT PERSON.
>> TELL MY DAUGHTER.
[LAUGHTER]