CHARGES HAVE BEEN FILED.
MORNINGS WITH MARIA LIVE RIGHT
NOW.
NEW POLL SHOWS 4 AND 10
AMERICANS ARE STRUGGLING TO KEEP
UP WITH RISING COSTS AND SOARING
GASOLINE PRICES, 54% BELIEVE
THAT THE MIDDLE CLASS HAVE NOT
BENEFITED AT ALL FROM PRESIDENT
BIDEN’S POLICY AND HIS AGENDA.
TAKE A LOOK AT THE NUMBERS, 10%
OF THE ADULTS SAY THE COUNTRY IS
HEADED IN THE RIGHT DIRECTION. 88% SAY THE COUNTRY IS HEADED IN
88% SAY THE COUNTRY IS HEADED IN
THE WRONG DIRECTION IN THE POLL.
CHIEF INVESTMENT OFFICER NANCY
TENGLER AND INCOMPETENT WOMEN’S
DIRECTOR PATRICE LEE IS HERE,
GREAT TO SEE YOU, LADIES, THANK
YOU FOR JOINING US.
NANCY, YOUR REACTION TO THIS
POLL?
WE CONTINUE TO SEE THE
PRESIDENT’S APPROVAL RATING AND
NOW IN THIS POLL WE ARE GETTING
MORE CLARITY OF WHAT INVESTORS
AND AMERICAN HOUSEHOLDS ARE
DOING AND THEY ARE FEELING HURT.
>> YEAH, OF COURSE, THEY ARE.
IT’S REMARKABLE HOW QUICKLY WE
WENT TO SUPER LOW LEVELS OF
UNEMPLOYMENT AND POVERTY.
I THINK THE LOWEST LEVEL IN THE
HISTORY OF THE STATISTIC BEING
CALCULATED AND NOW WE ARE IN AN
ENVIRONMENT WHERE INDIVIDUALS
ARE STRUGGLING JUST TO PUT GAS
IN THE TANK, PUT FOOD ON THE
TABLE AND THE GREAT IRONY IN ALL
OF THIS, WE COULD SOLVE IT VERY
QUICKLY WITH AN IMPROVEMENT IN
OUR ENERGY POLICY, BUT THE THING
THAT STRIKES ME THE MOST IS NOT
ONLY IS ENERGY FUTURES UP BUT
COAL FUTURES ARE UP WHICH TELLS
YOU THIS THE POLICIES THAT THE
PRESIDENT IS PURSUING EVEN FROM
GREEN ENERGY AND CLIMATE
PERSPECTIVE ARE FAILING
CATASTROPHICALLY.
MARIA: YEAH, I THINK THAT’S SUCH
A GREAT POINT THAT YOU BRING UP
THE ELECTRIC VEHICLE SPACE
BECAUSE THE OTHER DAY I WAS
REALLY STRUCK BY NOTING TESLA IS
NO LONGER THE LARGEST PRODUCER
OF ELETRIC VEHICLES.
THAT ACTUALLY IS NOW A HONG KONG
BASED COMPANY, NANCY, AND YOU
SEE ONCE AGAIN THIS POLICY OUT
OF THIS ADMINISTRATION PUSHING
THE BUSINESS TO CHINA EVEN ON
ELECTRIC VEHICLES WHICH IS THEIR
MASSIVE PRIORITY.
>> YEAH, I THINK YOU CAN JUST
LOOK ACROSS THE BOARD AND SEE AN
ADMINISTRATION THAT HAS DONE
ALMOST EVERYTHING WRONG, NOT
JUST FROM A A NATIONAL SECURITY
STANDPOINT BUT FROM AN ECONOMIC
STANDPOINT.
WE HAVE SO MUCH OIL AND WE ARE
NUMBERING INDEPENDENT JUST A
YEAR AND A HALF AGO BUT THE
WORST PART IN ALL OF THIS AS WE
GO TO OTHER COUNTRIES AND ASK TO
PRODUCE MORE, WE PRODUCE THE
CLEANEST ENERGY HERE IN THE
UNITED STATES.
WE SHOULD BE ENCOURAGING OUR
DOMESTIC PRODUCERS AND NOT
DEMONIZING THEM BECAUSE IT’S
BETTER FOR THE ENVIRONMENT, IT’S
BETTER FOR AMERICANS AND IT’S
BETTER FOR THE GLOBE.
>> IT’S A GREAT POINT.
INFLATION COP CONCERN, PATRICE.
ONE THING THAT REALLY STRUCK ME
IN THE PIECE IN THE JOURNAL THIS
MORNING ABOUT THE SAVING RATE IT
HAS PLUMMETED DOWN TO 5.4%.
IN THE MIDDLE OF THE PANDEMIC WE
WERE TALKING ABOUT DOUBLE-DIGIT
RATES OR SAVINGS RATES.
>> NOT SURPRISING.
AMERICANS WERE GETTING STIMULUS
CHECKS, CHILD TAX CREDITS FOR
SIX MONTHS TO MANY FAMILIES,EN
EMPLOYMENT BENEFITS FROM THE
FEDERAL GOVERNMENT.
IT’S NOT SURPRISES THAT AMERICAN
FAMILIES BOUNCE BACK QUICKLY AND
THE ECONOMY REOPENED OVER A YEAR
AGO AND START TODAY REOPEN AND
SO THE FLOOD OF EXTRA STIMULUS
INTO AMERICAN HOUSEHOLDS ALLOWED
AMERICANS TO SIT ON THE CASH AND
YOU HAD RENTERS WHO DIDN’T HAVE
TO PAY RENT SO YOU HAD A LOT OF
BENEFIT TO THE AMERICAN FAMILY
BUT INFLATION THAT HAS
ACCELERATED PARTICULARLY FROM
THE PAST YEAR HAS ERODED ALL OF
THOSE SAVINGS AND WHEN YOU READ
THE STORIES OF FAMILIES WHO ARE
SAYING YOU KNOW THE EXTRA
STIMULUS PAYMENTS AND SAVINGS
ARE DIPPING IN BECAUSE THEY
CAN’T MAKE ENDS MEET OUTSIDE OF
THAT IT TELLS YOU THE FINANCIAL
BUDGET FOR MOST FAMILIES ARE
RIGHT NOW.
THAT’S CONCERNING FOR THE
EVERYDAY LIFE BUT WHEN WE LOOK
TO NOVEMBER AND THE POLITICAL
RAMIFICATIONS, PRESIDENT BIDEN
IS IN TROUBLE.
AMERICANS RECOGNIZE THAT HIS
POLICIES HAVE NOT -- ARE NOT
JUST NOT WORKING BUT WORKING
AGAINST HIM AND THEY WILL HOLD
HIM ACCOUNTABLE AND HIS PARTY IN
NOVEMBER.
MARIA: IT FEELS LIKE RECESSION,
WEWE WILL GET WORD ON END OF JUL