MSNBC, ALSO KNOWN AS WHEN REESE
ANTOINETTE.
STEP IN HIS HEART, I’M SURE SHE
COMPLETED HER CAUCHY SAVINGS.
CLEARLY WORKING AMERICANS, SHE
WAS KIND ENOUGH SHARE HOW SHE
REALLY FEELS.
>> THE DIRTY LITTLE SECRET HERE
WHILE NOBODY LIKES TO PAY MORE,
ON AVERAGE WE HAVE THE MONEY TO
DO SO.
HOUSEHOLD SAVINGS HIT A RECORD
HIGH FOR THE PANDEMIC, WE DIDN’T
HAVE ANYWHERE TO GO OUT AND
SPEND WHO IS THIS WEEK?
DON’T DRAG THAT INTO AMENITY.
HE JUST RAN A MARATHON.
THE ACTUAL DIRTY LITTLE SECRET
IS LEFTIST ELITISTS, THE WORST
KIND WAS ONLY OUTWEIGHED BY THE
CULTURAL FRIGID TO HORRIBLE AT
KEEPING SECRETS.
IT’S NO SECRET THEY THINK THE
PEOPLE ARE DIRTY AND NOTION THAT
PEOPLE WERE SITTING ON PILES OF
CASH" DURING THE LUXURY OF THE
PANDEMIC, IT’S LAUGHABLE AS IT
IS INSULTING FOR THE FEDERAL
GOVERNMENT TURNED A TRICKLE OF
MONEY INTO A FIREHOSE AND
OVERSATURATED THE ECONOMY WITH
FREE CASH.
NOW PEOPLE ARE AROUND TRYING TO
BUY FEWER THINGS SPENDING PRICES
SKYWARD AND PERMIT OFFER
PANDEMIC, COLLECTIVE PTSD
SPENDING SHOPPERS INTO PORTING
OVERDRIVE.
THIS HAS BEEN COMING FOR A LONG
TIME AND INFLATIONARY NOT
DEAFENING SCREAMS BECAUSE AT
SOME TIME THE TRANSITORY
INFLATIONARY BOOM GO SOUTH AND
WILL TURN INTO A MASSIVE
RECESSION, THE FED WILL HAVE NO
WAY OF CONTROLLING IT AND LOTS
OF THE 70s TO SLOW DOWN THE
ECONOMY JIMMY CARTER CLASSIC, WE
ALL LOVE STAGFLATION AND THAT
WILL BE SIMULTANEOUS WITH THE
DISCO HITS OF HIGH INTEREST
RATES AND UNEMPLOYMENT.
I DON’T LIKE IT.
THE EFFECTS OF BIG GOVERNMENT
GROWING PARTS AS I THINK FROM
OVER OR THE STOMACH FLU.
THIS WILL CONTINUE TO BLAME
EVERYONE BUT THE HAWSER’S IN
CHIEF OF SUCH DIRE TIMES OUT OF
TOUCH PROCLAMATION ONLY SERVES
AS A GIFT TO REPUBLICANS WHO
ONLY HEAVED TO SIT BACK AND LET
CHATTERING CLASS TALK THEMSELVES
OUT OF POWER.
PROBLEM WITH REPORTERS FROM A
PAYPHONE AT THE Q2 BIG SPENDING
TAX AND AS THE PARTY, THEY DON’T
HAVE BERNARDS TO TURN OFF THE
SPIGOT.
MARK MY WORDS, THE ONLY
SALVATION TO CUT SPENDING AND
GET OUT OF THE WAY BEFORE WE
FAST-TRACK THE HEALTH.
I MAY BE CASSONDRA AND NO ONE
LEAVES BUT I’D RATHER HEARD
STEPHANIE MARIE ANTOINETTE WHO’S
LOST HER MIND AND HER HAD
INFESTS THE MEMO.
INFLATION SURGED FOR THE HIGHEST
IN 24 MILLION AMERICANS STILL
VERY MUCH OUT OF WORK.
EVEN IF SOME PEOPLE HAVE ANY
SAVINGS, MANY ARE BURNING
THROUGH IT TOO QUICKLY.
HOW, FORMER BUSINESS REPORTED BE
SO WRONG ABOUT THE ECONOMY WHEN
SO MANY ARE FEELING THE AWFUL.
PARTY PANEL IS BACK.
CHRISTOPHER HAHN AND OLIVIA.
DANIEL, I WILL START WITH YOU.
IT’S UP TO PEOPLE HOW THEY SPEND
THEIR OWN MONEY, ISN’T IT?
>> IT REALLY IS WHILE STEPHANIE
SAID, IT’S NOT DIRTY AND IT’S
NOT A SECRET, IT’S PEOPLE’S
PRIVATE PROPERTY AND THE FACT
THAT SHE THINKS THEY WANT TO USE
THEIR SAVINGS TO BUY BREAD AND
PAY THEIR ELECTRIC BILLS SO YOU
SHOULD BE OKAY WITH THAT, IT’S
BEYOND INSULTING.
NONSENSE POLICIES CREATED BY A
CLUELESS ADMINISTRATION.
THEY ARE THE CATALYST TO DRIVING
THIS.
REPUBLICANS LOVE THEIR BIG
SPENDING SO I WISH THERE WAS
HELP ON THE OTHER SIDE OF THE
AISLE BUT THIS INFLATION PROBLEM
IS CAUSED BY JOE BIDEN AND DOING
NOTHING TO PREVENT IT BECAUSE
THEY DON’T KNOW WHAT TO DO TO
PREVENT IT AND THE MEDIA ARE
SAYING IT’S ACTUALLY OKAY, IN
FACT, IT’S A GOOD THING.
KENNEDY: I HOPE PEOPLE STOP
SAYING THAT AND STOP TRYING TO
SELL THIS INFLATIONARY
ENVIRONMENT AS SOME SORT OF A
BOOM TO WORKING PEOPLE BECAUSE
IT’S NOT.
IT SUCKS.
WHEN YOUR HEATING COSTS GO UP
60%, THE COST DOUBLES, YOU CAN’T
AFFORD TO BUY HOTDOGS, IT REALLY
BLOWS AND FOR SOMEONE LIKE
STEPHANIE SAYING WE CAN ALL HAVE
EXPENSIVE THINGS, JUST DON’T BUY
THEM, THAT A WOMAN WHO WORKED
FOR GEORGIA BANK AND DOESN’T
HAVE TO CHOOSE BETWEEN PAYING
THE HEATING BILL OR PAYING FOR
KIDS TO GO ON MINOR WINTER
VACATION.
>> I AGREE.
IT’S A BONEHEADED THING TO SAY.
BRAVO ON THE CASSANDRA
REFERENCE, LOVE THAT.
LET ME ABOUT WHAT WE SAID ABOUT
THE PRESIDENT DON’T.
THE SAME PEOPLE CALLING HIM A
SOCIALIST WANT THE PRESIDENT TO
CONTROL THE MARKET.
THE REASON WE HAVE INFLATION
RIGHT NOW IS BECAUSE THERE WERE
SUPPLY CHAIN ISSUES CAUSED BY
THE PANDEMIC LAST YEAR AND NOW
FOR SUPPLY CHAIN IS WORKING UP
TO MEET THE DEMANDS AND THINGS
COST MORE.
AND SHOULD LEVEL OUT, IT’S THE
PRESIDENT’S POLITICAL PROBLEM
BUT HE DIDN’T CAUSE THE PROBLEM
IT WILL NOT GO AWAY ON ITS OWN,
IT HAS TO BE WORKED OUT WITH IN
THE MARKET AND I AM DUMBFOUNDED
EVERY TIME THESE FREE-MARKET
CAPITALISTS ARE BLAMING
PRESIDENT BIDEN BECAUSE HE WON’T
INTERVENE IN THE FREE MARKET BUT
HE SHOULDN’T.
KENNEDY: I THINK THAT MUCH THE
OPPOSITE OF WHAT THEY ARE SAYING
BUT THANK YOU FOR THAT.
OLIVIA.
>> I WAS LISTENING.
KENNEDY: YOU WERE LISTENING TO
WHAT? WHAT WERE YOU LISTENING TO,
WHAT WERE YOU LISTENING TO,
HOTSHOT? ECONOMY, YOU’RE
GOING TO CREATE AN INFLATIONARY
SPACE.
WHEN YOU HAVE WAGES GOING UP,
THAT’S GOING TO MAKE INFLATION
WORSE AND WHAT’S GOING TO HAPPEN
HAPPEN?
PEOPLE ARE GOING TO START FIRING
PEOPLE BECAUSE THEY CAN’T AFFORD
TO PAY THOSE WAGES.
THEN YOU GO INTO RECESSION SO
WHAT HAPPENS WHEN YOU HAVE --
>> WELL DOCUMENTED SUPPLY CHAIN
MATTERS CAUSING INFLATION,
NOTHING TO DO -- WITH THE
AMERICAN RESCUE OR THE MONEY
HASN’T EVEN --.
KENNEDY: NO ONE IN THIS
ADMINISTRATION UNDERSTANDS
INFLATION AND SUPPLY CHAIN.
HOW THEY WORK TOGETHER AND WORK
SEPARATELY.
IF YOU RECONCILE ONE, YOU WILL
STILL HAVE PROBLEMS WITH THE
OTHER AND THIS ADMINISTRATION
HOPING LIKE HELL THE SUPPLY
CHAIN ISSUES, THEY EVEN
THEMSELVES OUT NEXT YEAR END
THAT’S WHY THEY CALL INFLATION
TRANSITORY.
THE PROBLEM IS, THE OTHER ISSUES
I LISTED, THEY ARE NOT GOING
AWAY.
NOW WE ARE GOING TO OLIVIA.
>> WHY ARE WE NOT TALKING ABOUT
THE ACTUAL REASON BEHIND THE
ISSUE OF THE SUPPLY CHAIN?
I AM NOT TALKING ABOUT BIDEN
COMING INTO OFFICE, THEN
SUDDENLY THE OIL PIPELINE, GAS
IS $74 IN D.C., I’VE NEVER SEEN
THIS HIGH.
WHY ARE WE NOT TALKING ABOUT
COVID LOCKDOWN STOPPING TRUCKERS
AND BASICALLY CUTTING FOR SUPPLY
CHAIN AND HALF?
WE HAVE SO MANY PEOPLE NOT BEING
USED RIGHT NOW, RESOURCES NOT
USED BECAUSE OF SUCH AND SUCH AND EIGHT OR RULE BECAUSE OF
AND EIGHT OR RULE BECAUSE OF
OSHA SO I AM CURIOUS TO KNOW IF
IT’S NOT BIDEN’S FAULT, THE
SUPPLY CHAIN ISSUES THAN WHAT IS
IT?
THE PEOPLE DO NOT DECIDE --
>> THE GLOBAL MARKET IS CAUSING
GAS PRICES.
GAS IS A GLOBAL COMMODITY, RATE
INTERNATIONALLY.
THE UNITED STATES DOES NOT
CONTROL THAT.
ALL OVER THE WORLD RIGHT NOW.
KENNEDY: TAKE A DEEP BREATH,
CHRIS, TAKE A DEEP BREATH.
DANIEL.
>> AS SOMEBODY WHO WORKS IN THE
ENERGY SPACE, HE’S A LAWYER, I’M
AN ENERGY EXPERT.
THIS ADMINISTRATION PUNISHED THE
ENERGY INDUSTRY FROM ITS FIRST
DAY IN OFFICE.
WE PRODUCE 2 MILLION FEWER
BARRELS OF OIL A DAY THAN A YEAR
AGO.
THAT’S CAUSING THE SUPPLY TO
DWINDLE AND PRICES SKYROCKET.
EVERYTHING NEEDS ENERGY.
EVERYTHING MANUFACTURED,
PRODUCED REQUIRES ENERGY.
ALL PRICES ARE GOING UP AND BACK
TO DRIVING INFLATION.
WHY IS THERE AN ENERGY CRISIS?
JOE BIDEN TO JUST SAY IT’S A
GLOBAL PROBLEM IS A LACK OF
VISION AND LEADERSHIP.
>> IT IS A GLOBAL PROBLEM.
OIL WAS BEING GIVEN AWAY LAST
YEAR.
KENNEDY: SO WHY --
>> OPEC CUT SUPPLY -- THAT’S WHY
IT COSTS .
KENNEDY: OH, CHRIS.
>> YOU DON’T REALIZE THAT AS AN
ENERGY EXPERT?
YOU ARE A BUSINESS NETWORK.
[LAUGHTER]
KENNEDY: I THINK DANIEL DID A
SATISFACTORY JOB EXPLAINING THAT
AND OLIVIA DID A GREAT JOB
EXPLAINING WHY THERE ARE SO MANY
ISSUES CREATED BY AND COMPOUNDED
BY GOVERNMENT INCLUDING THE
VACCINE MANDATE SO YOU HAVE A
TRICKY LABOR MARKET BUT YOU ARE
TELLING EMPLOYERS TO FIRE
EMPLOYEES WHOLESALE BECAUSE OF
VACCINE MANDATES THAT’S GOING TO
MAKE EVERYTHING BETTER.