This is a podcast from wr Jesse Kelly Show, Final Hour of The Jesse Kelly Show, which means, I'm not sure why we opened the final hour with that particular song, Chris, but it's fine. I'm sure nobody noticed. All right, back to what we were talking about. The Pope is kind of a piece of crap. We have some news. Doug Bergham is saying some smart things. We'll get to emails.
Hunter Biden says he lost millions in artwork. Ah, that and so much more coming up the final hour ooh ooh, and Carol Roth is coming up like thirty minutes from now. The Scott percent said a lot of smart things today, a lot of smart things today. But kill Roth is a bit of a cynic like I am about things. What does she think about the incoming Treasury secretary? Because when I hear things like this, my year's person.
We do not have a revenue problem in the United States of America. We have a spending problem today, as you stated, And to be clear, this is one of the things that got me out from behind my desk and my quiet life in this campaign was the thought that this spending is out of control. We are spending about twenty four or twenty five percent of GDP. So, as you said, six point eight to seven percent sounds good.
Sign me up for that noise. Now I'm going to talk about the Pope really quickly. None of my Catholic friends seem to like this Pope. I'm not a Catholic, so I can't. I generally don't speak on Catholic issues because it's not my business. But I think like most of my friends are Catholics, and they all hate the Pope. Every one of them hates this Pope. And I saw this was from PBS. He came out and said that it's not Christian to want to build a border wall
between the US Mexico border. Isn't it funny? Though, you can rise to the religious position of Pope the head, the de facto head of the Catholic Church worldwide, and even then it's not your chief religion. Your chief religion is communism. Cannot serve both gods, you simply cannot. And it just struck me how often this Pope runs his mouth from some ridiculous and you don't bother pointing out the hypocrisy of all that. Oh. I was just in Vatican City. We went to Italy and I one told me,
you have to go see the Vatican. You have to go see the Vatican. And it was impressive, to put it, mildly impressive. And there were armed guards all over the place, no crime, no rifraff. Oh. When we were outside waiting to get into the Vatican, it was cold. It was well cold enough. It was I would say, thirty degrees. We're outside waiting to get into the Vatican, and in the freezing cold weather, there was a homeless man laying on the sidewalk begging for money with no shoes on.
I had my sorrel boots on and my toes got a little nippy if I wasn't moving around. Here was a homeless man right outside of the Vatican with no shoes on. But you walk into the Vatican and gosh, there's so much security. It was like going into the airport. All these security guards, all this tsa keeping that riff raff out. You got to keep the homeless out, you see.
But why then, would why does any want America to put up a border wall, Because in the end, he's just a communist in a white in a white robe, that's all, and call himself whatever he wants, he serves Communism always has always with us, something about that demonic religion. Once it gets in you, it's hard to get it out of you. Doug Bergham is going to be the head of the Interior, which is actually a more important thing than you think. He said some sharp stuff.
And particularly with this AI the AI battle. People don't understand that what's coming right now with AI revolution is going to happen during President Trump's term. China is and this is they're already the world's largest emitter. So we're competing against someone who's going to create more electricity, produce more AI, and this could be how we lose the Cold War with them if we don't get it on.
We have to do it here, and we're a country that believes in reclamation, we believe in following labor laws. China child labor, no reclamation, no care about the environment. They're a tough competitor right now and in terms of their ability to produce electricity. So we've got to get going and we got to cut red tape, and we've got to realize that if you shut down US energy production here, it doesn't help the global environment.
That's a false trade off.
You don't help because somebody else produces it someplace else, less cleaner than we do.
That's right, and you know what's going to be fascinating. Trump was great when it came to energy first time. It's one of the things he did really, really well. He really cut the red tape out of that and he really opened it up. He sounds ten times is committed this time to making sure America has an energy explosion. He's not even doing the weenie gop thing that you hear almost all of them do. Now well, I also like wind and soul or two. Trump's out there saying
get the freaking windmills out of everything. I'm so tired of seeing the dumb windmills. The whales are dying. The windmills are ugly, they don't work, they go to crap. You can't dispose of them. Have you ever looked at one of these windmill graveyards? Do yourself a favor. Go look that up windmill graveyard, I believe is what I looked up last time I saw them. You see, when the windmills go could put, and they go could put relatively quickly. People don't know what to do with all
that stuff, so they just have to stack them up somewhere. Yes, yes, really and viro friendly. Anyway, Trump's done with the whole Wow. I mean, I love winning and solar and we need more clean cole. I'll shut up, just give us some cheap energy.
Today America produces energy cleaner, smarter, and safer than anywhere in the world. And when energy production is restricted in America, it doesn't reduce demand. It just shifts productions to countries like Russia and.
Iran, whose autocratic leaders not only don't care at all about the environment, but they use their revenues from energy sales to fund wars against US and our allies.
I really don't like Merrick Garland. That wasn't Merrick Garland. I bet you're wondering how I made that transition. It's simple. I just decided I wanted to talk about something else. Merrick Garland needs to be in federal prison. Taking the position of attorney general and using it against your political opponents is one of the most evil things any politician has ever done in the history of this country. And yes,
I consider him a politician. To have that kind of power and to use it willingly on your political opponents. That should be serious prison time. That's equivalent to one of these daycare workers abusing kids. To be put into a position of power like that and to use that position of power to abuse Republicans, he's got to go to prison. Yeah, I heard him say this.
We have reaffirmed and strengthened the norms that safeguard the Justice departments independence and integrity. Principle among those norms is that we treat like cases alike. That there is not one set of laws for the powerful and another for the powerless, not one for the rich and another for the poor, not one for democrats and another for Republicans.
Remember what we talked about how the communist lies all the time, big, brazen, in your face lies without end because people believing lies is the only chance he has to get power, to keep power without it. If he was ever forced to be honest about the things he wants and the things he's done, he would be removed from power immediately. So for the Communist, lying isn't something he does, it is a requirement. It is who he is. Lie about everything all the time. Does it matter how
easily verifiable the lie is? Just lie? How much is his stake right now. The existential threat of climate change has never been clear. Just look across the country from California, North Carolina Jesse. In the past, you've expressed interest in conversing with ghostly apparitions that people are seeing. But if you considered, you'd that they might be more afraid of
you than you would be of them. After all, you've mentioned on national radio that if a strange man wearing a wife beat knocked on your front door, you'd have a firearm ready. So with that in mind, I'd have to assume that they might just be a little squeamish about getting shot at. Perhaps that's why you've been left alone for so long. Well, to clarify it, I don't answer the door with a gun just because somebody's wearing a wife beater or looks shady. I answer that a
door my door with a gun all the time. If you come to my front door and you knock or ring it, I have a gun. In fact, if I catch you outside of my house and you're not supposed to be, I will approach you with a firearm. Remember when I scared Remember I told that story about scaring the living daylights out of the Christmas lights guy. We had somebody Finally, OB talk to me and they letting
somebody do Christmas lights. He put them up professionally. He puts them up, takes off, decides he's gonna come back, like nine o'clock at night to take pictures of it for his website advertising. Well, the call didn't get through to Ob to let her know she was coming. I look out the window and someone's parked in front of my car with the camera. Let me tell you what, Jack, that man knows fear now, I'll tell you that much. He knows fear. I came out of there with my
weapon at the ready. He knows fear now. Maybe it's the chalk. Maybe it's all the testosterone. I bet that's what it is. Maybe I wouldn't be like this if I had Mike Johnson levels of testosterone. It's the chalk. When you're full of energy, when you're in a good mood, when you have everything you need to be a man, then you feel better. Life is better, and you chase down Christmas lights people with guns. Do you want to be able to do that? Go to chalk dot com
and get some natural herbal supplements. I take a male vitality stack every single day, three years of it. That's how much I love it. That's how much I believe in it. You want to feel good all the time like I do. C hoq dot com promo code Jesse gets you a huge discount on subscriptions. Go chase down the Christmas lights Guy Chalk dot com promo code Jesse. We'll be back the Jesse Kelly Show. I like it Jessie Kelly Show on Thursday, reminding you that tomorrows and
ask doctor Jesse Friday. I needed to get your questions emailed in now to Jesse at Jesse kellyshow dot com. Ask me anything like this one China tests a one gigawatt microwave weapon with a nuclear bomb like intensity. To have a microwave like that at work, no hear me out. I something broke at the factory with these things, you
know how? What's something? Everybody microwaves Totino's pizza roles. No one takes the time to put those in the oven because you wanted to be a little bit, a little bit squishy like that, so you nukem well, a normal nuke time for a Totino's pizza role. Forty five seconds. I would say maybe a minute. Sometimes I kid you not fifteen seconds. And it's shooting out the sides of the pizza roles, the liquid hot magma that's inside of those things. So look, I know all about what China's
doing right now. I've had a microwave like that in the past. Jesse. With the inauguration coming up, is there any chatter or reports of protests being planned by the lefties? Uh, it's very quot right now, and I anticipated being very quiet right now. Remember, the communist understands what fear and pain. We talk about that, Okay, so let's take that a
little bit further. What they attempted to do for Donald Trump or to Donald Trump over the last four years, it was significant, it was evil, and they took a huge chance. Now communists don't think about that chances, you know, it's a big risk. They don't think in those terms.
They're just demons, always eating, always moving forward. But it went well beyond normal politics here in America when you have multiple Communists in different jurisdictions around the country trying to throw the Republican nominee in prison all and by the way, they tried to blow his head off twice. The FBI is rifling through your wife's underwear drawer. You have crossed the boundaries of anything remotely normal at all. You have gone down a dark, dark path. And that's
what Democrats did the last four years. Now, what's that resulted in a completely different Donald Trump? The happy, go lucky I just want to get along with everybody Donald Trump. That Trump is not the Trump I'm seeing anymore. The Trump I'm seeing now has a hard edge to him. Did you see his new presidential I don't want to say portrait, his new presidential picture. He looks like he's
ready to headbutt somebody's teeth out. He's talked a lot. Normally, politicians, including Trump, will soften a lot of the rhetoric, especially after a primary or even after the general election. Wow wow, Wow, we're all gonna get along. You've heard none of that, not much of that from don Donald Trump at all. What has taken place with the street animals in this country has always been organized and funded from Saint George
Floyd's look you pick it. It's always organized and funded by billionaires, by these big left wing organizations, Sorrows, this Sorostad. They've organized and fund all the street animal activity. You see, the incoming administration is sending signals out there they intend
to dig into this stuff. I have said before, just a prediction, but you will not see another significant and of course there are going to be the animals dancing in the streets now and then you won't see another significant street protest activity until they try to rev one up during mass deportation. That's when they're gonna wait for
an opportunity. And then as soon as Loupe starts crying on camera about getting deported with their eighty seven kids, then they're gonna start handing out the checks, start organizing on social media, and the street animals will be out in the streets. Ah no, we won't go you know, all the stupid chance and things like that. As far as for the inauguration goes, don't you get the impression
they're all keeping their head down right now? The FBI announced two hours ago, well like three hours ago, that they're shutting the DEI office corporations across America. We're done with this DEI stuff. Hey, We're finished up on all this stuff. You are going to see them keeping their heads down for the foreseeable future. I don't know how long. It won't last forever. They're all the same evil people who want all the same evil things, but a lot of power has been ripped away from them. And this
Donald Trump doesn't look like the last. The last one staffed his entire administration with swamp creature after swamp creature, and the system knew it had good friends still in high places. This Donald Trump's putting RFK in charge of the FDA. This Donald Trump is taking the most one of the loudest anti FBI crusaders on our side, Cash Patel, and putting him in charge of the FBI. The last guy is gone. Maybe he disappeared when he got shot in the ear. Maybe he disappeared when they were taking
mugshot pictures of him in Georgia. But whatever that last Trump was, he's gone, and I'm glad. We're all gonna be a lot better for it, all Right, Carol Ross, that's gonna talk to us about this, This Scott descent guy Treasury secretary. I was pretty impressed, but I'm not familiar with him. She is, what's she think about him? Carol doesn't like anybody. Well, we'll talk to kirol Roth about that. Before we talk to Carol Roth, let's talk
about just some basics. Safety, something we all want. We want to be safe, we want our loved ones to be safe. It's pretty universal. Everyone should own a Burna pistol launcher. Everybody, swat teams carry them. Security private security firms carry them. Burna is over five hundred government agencies and police departments, fourteen thousand, four and a half star reviews. It's non lethal. It's legal in all fifty states. I'd love to jesse. I'm in New York. It's legal, no
permit needed, no background check. It'll stop a bad man in his tracks. These pepper balls are brutal. Get one for yourself and the person you love the most. All right, b y Rna Burna dot com slash Jesse. Oh and I almost forgot to mention through the twenty five So five more days. They're donating ten percent of all proceeds to those affected by the wildfires in California. Pretty freaking cool, right, Bernad dot com slash Jesse. We'll be back with Carol Roth.
Hang on what it is the Jesse Kelly Show and rap music can only mean one thing. That means Carol Roth is joining us now to put us all on a deep state of depression about the sorry state of the economy. Carol, Why is inflation getting hotter? What can we expect from this next Treasury secretary? Tell me something good or bad?
Well, the bad news is that our fiscal foundation is on very shaky ground. We've been hurling in that direction for quite a while, but the Biden administration has accelerated that to the point of no return. I called we have four horsemen of the financial apocalypse, which I'll tell you about. Second, the good news is that Trump has a fabulous nominee for Treasury Secretary that understands all of these challenges and will be sophisticated enough to try to
navigate that. The bad news, again is it's going to be very challenging to try to navigate it. So that's kind of the lay of the land. I call this this four horsemen of the financial apocalypse. If you look at the amount of debt we have as it relates to GDP, we have exceeded the entire output of the country one hundred percent plus another twenty percent, so one hundred and twenty percent debt to GDP. If we were
trying to run the Reagan playbook. You have to remember that in nineteen eighty our debt to GDP was like at thirty percent, So we're four times more and at about double you know, where it becomes sort of unwielding. Then we have deficits to GDP that are at wartime levels when we're are during an economic expansion, which is insane. Again during when Reagan came to office, that was it like two point seven percent. Then we have all of
these foreign holders of assets. They own a lot of treasuries, they own stock, they own real estate, which means anytime they need to raise dollars that puts pressure on whatever asset class it is that they own. And we have a very strong dollar. So with those things together, anything that a rational person would try to do that Reagan era playbook is going to be met with a set of constraints that could potentially send us into a massive debt spiral and crash of the global economy. And that's
why this is so challenging. But at least we have somebody in there that is going to recognize those challenges.
Okay, so what does a debt death spiral for the planet? What does that look like? Carol because I mean, everyone knows about the Great Depression, or at least they know if the headlines are the Great Depression, but most people don't realize that led over into Europe. As America goes, so goes the world. So talk about that.
Yeah, I mean, we're the world's reserve currency. Still, we're still the trading currency. There are a lot of entities that have their debt that is denominated in dollars, including emerging market economies. We have, you know, commodities around the world, whether it be oil or food, things that people need to survive that are denominated in dollars. So you know, the question becomes for me. I don't think that when you have somebody that's savvy, they're going to let this happen.
The question is are they going to come in and do something prescriptively upfront, or are we going to see the treasury markets start to break, there be some kind of initial panic, and then quickly you know, there are measures taken. The challenge Jesse is that obviously there needs to be a release valve somewhere you can you know, plug the dam and not expect that there's going to
be something else that breaks somewhere else. So the release valve that probably happens, which you could come in a bunch of different flavors, ultimately probably leads to more inflation. And that is why you have seen the Democrats for
more than six months now setting that stage. Inflation is starting to repercolate, and they see the direction it's going because of the fiscal situation, because of the fiscal dominance, based on the deficits and the debts and all those things I talked about, and so they have been prepping to say, oh see, we told you that Trump's policies are going to create inflation, when it's very much the fact that Trump's policies are hamstrung by the fiscal foundation
and all of these things that happened under the Biden administration.
Okay, so Trump's plan, obviously Pcent talked about this a bit today, but Trump has been talking about it a lot, is to grow out of it as much as humanly possible, to take the shackles off the economy, the energy sector, and hopefully we can grow our way out of it. Does that sound I'm thrilled about that, But does that sound realistic? Or is that pie in the sky to think you can grow your way out of a debth hole. This deep.
Well, there is a path forward, and it's a very narrow tight rope because anything that you do on the growth front needs to add to the GDP without subtracting. So if they try to doge and do all these deficit reductions and grow the GDP when we know that the government spending has been propping up the GDP, that is going to be a challenge. They've talked about the
fact that maybe produce more oil will create growth. Well, we know that oil is mut constrained by pricing that our WTI producers need I think around sixty five dollars a barrel in order just to be able to break even, and then to create investments it needs to be much higher. And then you have the dollar strength piece, so you have to do this all in a way that doesn't over strengthen the dollar, and then have people trying to raise more dollars by selling their treasury security. So everything
is very much interconnected. Again, we have really smart people, so hopefully he can find a way to do that, but it's going to take some different, different out of
the box thinking. One of the things that he did say Scott Vessant, the Treasury Secretary nominee, in a discussion he had with the Manhattan Institute over the summer, is that he could see something like a revisited Plaza accord, the Marra Lago Accord, I think they called it, where they sit down much like happened, you know, in the past, and try to kind of renegotiate what the currency looks like views of the other currencies in the world to give them some space in order to be able to
make some of these changes. So that's something we could see happen overnight. You could see a gold revaluation overnight.
One of the other things that I've heard floated most recently by Bank of America is that, you know, maybe they let people tap the equity in their house to buy treasuries and you give them some great value on that, so that you know, homeowners can be the loner to the Treasury and we at least have somebody for some period of time to be able to finance our debt because they're thirty five trillion dollars in equity in home So there is some kind of odd out of the
box things that are going to happen. The question is again does that happen proactively or do we see things go crazy first and then quickly they come in and have to change path. And knowing politics, my guess is things have to break first, at least a little bit before they come in. But when you say, you know, hey, I thought we're worried about inflation, you know, why is the said now intervening like this? It's going to be because we have no other choice. That's the choice we're
left with. And so everybody here should buckle up for things in their life to be more expensive on an ongoing basis. It's not because of Trump policy. It's because of this this you know, situation that we're in.
Okay, well that was all pretty much horrific. But you are impressed with Scott Biscent though that You sound like you think highly this guy, which is impressive because you don't think highly of very many people.
Yeah.
I don't think higha of anyone other than other than you and Scott Passend obviously. Yeah, he is.
He is.
He's a really sharp guy. He is not only an economic historian, but he has Wall Street expertise, He has expertise in advising central banks. He understands the currency machinations. So there are other smart people who are in the Trump administration who are going to understand a piece of the puzzle. But in terms of the depth and breadth, like we dodged a huge bullet here. This is a really really savvy smart person who is you know, in
this role. You know, whether or not between Treasury, the Fed, Trump Doge, all of these different folks at the table Congress, you know this is going to go cleanly. That's you know, another thing. But at least you know we're not relying on, you know, somebody like Janet Yellen who tells us there's not going to be any inflation. It's going to be transitory and it's going to be good for you. And breadlines are a great way to meet your neighbor and
all that kind of stuff. So we have a really good, savvy, smart person. The other thing I will tell you, Jesse, that made me very happy, and I should make your listeners very happy, is you know, in prior re marks as well as during his confirmation hearing testimony today, he talked a lot about main Street meaning to win. He said, Wall Street's done well, well, we need a main Street
lead recovery. We need main street for growth. So to have somebody in that position that isn't just a Wall Street suck up, who understands that small business is a life blood and backbone of this economy is a very exciting thing. And again hopefully the policies will end up reflecting it, because there's a lot of people at the table, but to have somebody at the table who really gets that is very refreshing.
Fingers crossed, Carol Roff, you are the.
Best back, great to talk to you.
All right, we only have one more segment left until tomorrow, so don't cry, but it'll be great. Hang on, you're listening to the Jesse Kelly Show. Final segment of The Jesse Kelly Show on a Thursday. Remember if you missed any part of the show, you can download the whole thing on iHeart, Spotify, iTunes. I cannot wait until tomorrow. I can't wait until Monday. Inauguration days coming. Let's clear out a couple of these emails before we do headlines
and some other things. Bendido Jessey. What is the code of radio talk show hosts when it comes to using nicknames that originated from other talk show hosts. I've been disappointed that you've never used Rush Limbaugh's name for Flimsy Lindsey Graham. Lindsey Grahamnesty. I don't think it would be plagiarism. I think Rush would be honored, says his name is Dave Well. I like Flimsy Graham. I like Lindsey Grahamnesty as well. I would have no problem. I don't think
I would have any problem copying something Rush did. I mean, he's the freaking greatest, right but it it feels maybe a little bit gross. What Chris what? That's a good Yeah, that's kind of Chris said. I want to do my own thing though. Yet That's really why I don't listen to anyone else. I don't consume right wing media really in any way anymore now that I do it, I don't watch it. I don't listen to it. If I listen to things, it's almost always history related of some kind.
I don't do any politics now because I'm worried. I'm worried about being someone else's voice. It's human nature to copy the things you hear someone else say. And I want this show to be different. We always wanted it to be different. We didn't want it to sound like everyone else's show. And that's why I don't use the other nicknames. I don't even know what they're saying. I I have no idea. They could all be trashing me all day long for all I know. I don't care.
Like I said, I consume history stuff. Now. Have you have you heard anything about the Hillsdale College rise and fall of the Roman Republic lecture series? Have you heard this? You want to nerd out on some fascinating history. How many times have we talked about that? Hillsdale has that free You realize that the in fact, they've got more than forty free courses. But that's the one I am. I think I'm halfway through it right now. It's so good, it is so well done. Go sign up in enroll
Hillsdale's free stuff. Hillsdale Education at least some of it for free, no cost. Hillsdale dot edu slash jesse is where you enroll. Go enroll. Look, they've got all kinds of stuff. I don't want to. Roman Republic is my fascination. As you know, we talked about it a bunch, But there's all kinds of stuff. Whatever you're looking for, Go go sign up Free education Hillsdale dot Edu slash Jesse.
All right, dear makeup whisper. You know that's not nice. Okay, I'm a huge fan of be listening to your show daily for the last few years. I even't got to meet you at your books signing and shook your small hand. Not nice. You mentioned how the FBI has been cooking the books relating to crime stats. I can assure you that this is happening throughout the country. I retired from one of the top ten largest law enforcement agencies in
the US after thirty years. Our agency counted auto burglaries as one case, even if dozens of cars in the same neighborhood were broken into. This has happened in my entire career, amongst other crimes. The government is lying to us. All keep up the good fight, devil dog well. Police agencies always always travel down river, downstream from the politics
of whatever area they're in. We want to imagine, because we respect people who put their lives on the line, lives on the line, cops and things like that, we want to imagine that they can keep that filth out of it. Like NYPD is a great example of this.
Who doesn't admire the NYPD. NYPD's admired around the world, and because it has been so admired, and especially in the wake of nine to eleven, we all liked to imagine that all the left wing wacko craziness of New York City surely wouldn't bleed into the Boys and Blue.
Of course it did. It's a disaster down there now, and that takes place everywhere, and when it comes to federal law enforcement, that gets even worse because all these people get to these appointed positions because this president or
this senator or this guy wants them there. So if you're some filthy communist and you want you want the border open, and yeah, you know there's a bunch of rapists and murderers who are going to come across the border, but still you're a dirt communists, so you want the border open. Well, what do you do about that? If the crime stats are gonna go up because your border gets open, that makes you look bad. So what do
you do? You simply get someone into place at the FBI who's gonna cook the books and go out there and say things like, wow, i' mean crime's definitely down. We're the FBI. We did in an analysis of this, and crime is definitely down. Of course, crime is not down at all. Crime is way way, way up. The highest crime areas in the country simply stopped reporting to the FBI. The FBI knows this, but because they're filthy communists who only work for Democrats, they ran to the
podium and told you crime is down. Look at our statistics. We want to imagine things like the military and the fire department and the police department, because these are professions we admire. We want to imagine they can remain insulated from communist filth no matter where they are, and that is simply naive. It is one of the most important positions you should consider running for, or at least take an interest in. Is sheriff. We don't talk I don't
talk about that enough. Sheriff. Sheriff is a critically important position, really, honestly, probably the most important position on a long enough timeline. Do you want somebody who's going to, instead of working with the FBI, to kick in your door and gun you down in the middle of the night. Do you want somebody who will maybe say, no, you can't come into my county and if you do, well, arrest you. Well that happens at the sheriff's office. Consider running for sheriff.
All right, This has been a podcast from wor