Washington Correspondent Neil W. McCabe Weighs in on Democratic Spending and the 2022 Red Wave

Washington Correspondent Neil W. McCabe Weighs in on Democratic Spending and the 2022 Red Wave

 

Live from Music Row Wednesday morning on The Tennessee Star Report with Michael Patrick Leahy – broadcast on Nashville’s Talk Radio 98.3 and 1510 WLAC weekdays from 5:00 a.m. to 8:00 a.m. – host Leahy welcomed the Tennessee Star National Correspondent Neil McCabe to the newsmakers line to discuss where the irresponsible Democratic spending stands on both infrastructure and tax bills and the upcoming red wave of 2022.

Leahy: We are joined now on our newsmaker line by our Washington Correspondent for the Star News Network, Neil McCabe. Good morning, Neil.

McCabe: Michael, very good to be with you, sir.

Leahy: Is there anything in the Democratic dictionary when you go look up infrastructure, is there anything that’s not included in that definition?

McCabe: Yes. Highways, roads, and bridges. (Laughter)

Carmichael: Now that’s funny.

Leahy: That is very good.

Carmichael: Very quick. (Laughter)

Leahy: You just made our day here, Neil. (Laughs) So, Neil, let me ask you this.

McCabe: This is why you bring me on board here. I’m good at my job. This is my function. I deliver the mail.

Leahy: So where is that boondoggle? How many trillion dollars is this infrastructure bill that’s basically a bunch of Democratic slush fund monies for liberal groups. Where does that stand now?

McCabe: I think it’s in really big trouble right now because three big reasons. Number one, the Republican moderates, especially those 10 moderate senators who are going to the White House and meeting with the President they have now come forward and say we’re sick of being used. The president uses us as props, and we were embarrassed and we’ve had no input. And we’re tired of being props. And that took two months.

So that didn’t take long for these guys to figure that out. The second problem is that they’re running out of runway on their calendar. Remember, the Biden administration went with the soft opening. They haven’t had a joint address to Congress yet. Now comes word that Nancy Pelosi the Speaker has invited Biden to speak to a joint session of Congress on April 28. We talked a while ago when I said the earliest it was going to be like this week.

So I wasn’t that far off. The problem is after July 4 nothing gets done until people get back from Labor Day. And then you’ve got the budget crisis because it’s the end of the fiscal year. They don’t have the runway to get done what they needed to do. And one of your clues about that is that at the press conference, Biden said that he was going to put forward his gun legislation after he got infrastructure done because he wanted to do everything at the right time.

And he wanted to schedule everything. He said that the part of presidential leadership is doing everything step by step. And then they panicked and then released their gun agenda and infrastructure isn’t in the bank yet. The third thing that’s going to really hurt that infrastructure bill is the fact that people in Washington are now very much aware that there is severe inflation on the horizon. We’re seeing it in home prices.

We’re seeing it in commodity prices. We’re seeing it in gas prices. There is price inflation. A lot of this rise in the stock market is not attributed to increases in productivity, innovation or future earnings it’s just sheer inflation. And one of the problems that you’re going to run into is that the more you spend like crazy, you’re going to continue to feed that inflation with that big COVID bill that they pushed through.

There was an argument that Trump’s government spending was responsible for that inflation. When Biden pushed through that COVID bill and then now talking about this infrastructure bill and his other spending bill, he is going to own the inflation that is going to come from all of this spending.

Carmichael: Neil, add to that their proposed tax bill, which essentially when you get to the fundamental understanding of the way the Democrats are thinking is they want to spend trillions of dollars from Washington, and they want to suck trillions of dollars from the private sector. So they’re essentially becoming for lack of a better term a kind of a fascist of government where Washington is in league with certain industries in the private sector. And I think the tax bill is also in tremendous trouble. And it should be. What do you think about that?

McCabe: What’s going to kill the tax bill is that everyone knows that there’s a red wave coming. Everyone knows that the polls severely undercounted or underrepresented the strength of Trump, especially with the irregular voters. And they’re sort of the unlikely voters who all showed up. So people are very scared of what Trump is going to be able to do.

Leahy: You mean Biden.

McCabe: I mean, Trump is going to be able to deliver.

Leahy: In the 2022 midterm. Thanks.

McCabe: Everyone everyone knows that Trump is out there. He’s not being treated like an ex-President. Believe me, I’m old enough to remember. Nobody was afraid of ex-President Jimmy Carter. No one was afraid of ex-President George H.W. Bush. Nobody was impeaching George H.W. Bush because they were afraid he was going to run again. Okay, that was clear very quickly. He was never running again. But Trump is active and he is there.

And the Democrats know they have one shot at smash and grab. The problem is if they do a smash and grab tax bill, the thing they have to fix is the limit on the deductibility of property taxes in these states, especially in the Northeast, where the property in California, where the property taxes are so high and that’s capped, I think the cap is what $10,000 from the 2017 tax bill? And that is really hurting the Democratic machines in New Jersey and New York and Massachusetts and Connecticut.

And people, can’t deduct their property taxes anymore. So what you have is what was happening before is the rest of the country was subsidizing the high taxes in the Northeast and these blue states, and they’re desperate to fix that. No Democrat in Colorado or Arizona or New Mexico or Missouri is going to defend cutting the taxes of rich people in New York.

Leahy: Last question for you, Neil from Crom.

Carmichael: I think Neil hit it right on the head on that because that’s called the salt. The state and local taxes. And they’re only about six states that get pounded by state and local taxes. But that’s because the Democrats in those states tax their citizens at such high rates, and especially the rich. And so I’m with you.

They’re not going to be the Democrat senators from the states with relatively low taxes. If they do vote to repeal taxes, give billionaires in high tax states tax breaks then they’ll be facing a rough midterm. Do you know how the Republicans are doing in recruiting candidates for the House and Senate?

McCabe: This is going to be a great recruiting year for Senate races and House races for the Republicans going into these midterms. And remember that with Trump, he wasn’t personally popular, but his policies were. Biden is personally popular, but his program and agenda are not. And if the Republicans focus on the agenda, they will crush the Democrats.

Listen to the third hour here:

– – –

Tune in weekdays from 5:00 – 8:00 a.m. to the Tennessee Star Report with Michael Patrick Leahy on Talk Radio 98.3 FM WLAC 1510. Listen online at iHeart Radio.

 

 

 

 

 

Crom Carmichael Examines Foreign Economic Development with Dictators and Lobbyist Cronies and Predicts a Republican 2022 Candidate

Crom Carmichael Examines Foreign Economic Development with Dictators and Lobbyist Cronies and Predicts a Republican 2022 Candidate

 

Live from Music Row Wednesday morning on The Tennessee Star Report with Michael Patrick Leahy – broadcast on Nashville’s Talk Radio 98.3 and 1510 WLAC weekdays from 5:00 a.m. to 8:00 a.m. – host Leahy welcomed the original all-star panelist Crom Carmichael to the studio to weigh in on economic foreign development cronyism and lobbyists while speculating who the Republican presidential candidate for 2022 will be.

Leahy: We are joined in studio by the original All-Star panelist, Crom Carmichael. Crom, former Secretary State Mike Pompeo was a featured speaker, a surprise speaker, actually at Liberty University’s Equity for Africa Conference. And The Star News Network had a reporter there who provided an exclusive report from Lynchburg, Virginia. He was introduced by former Congressman Dave Brat, a friend of ours.

And he was very very warmly welcomed. And here’s what he had to say about Africa. Pompeo said, greater business development improves security for all of us. It’s a collective set of security issues that are threatening not only Africa but the Northern part of Africa through the Middle East. We always knew that if we got the business development right and did so in an atmosphere that allows all the people of Africa to reap the benefits of that development through greater freedom that America would be a better place too. This is sort of his pushback against the Chinese incursions into Africa.

Carmichael: Well, the Chinese are clearly aggressive in many areas of the world. Especially Africa. And most of it is for mining its raw materials and natural resources and especially targeted to what are called rare earth minerals. And rare earth metals are needed for electric cars. They’re needed for chips, they’re needed for high technology.

And the Chinese want to corner that market. And so they’re going after that very very aggressively. The Trump administration tried to build bridges with other countries through economic deals that, as Pompeo says, our business relationships create wealth and are spread because of the value of the work that’s being done.

Democrats tend to give money away rather than focus on building business interests. They’re more interested in giving money away. You see where Kamala Harris is now apparently trying to give money to Guatemala so that Guatemala can then offer money to people to not come to the United States.

Leahy: Here’s how that works. When the United States “gives money” to foreign governments, it does not go to any economic development.

Carmichael: No it doesn’t.

Leahy: It goes to the dictators and the cronies. And so they become richer. It’s a transfer of wealth from American taxpayers to dictators in foreign countries.

Carmichael: Well, not just that. It emboldens and empowers the dictators that allow them to continue to be tyrants. And so it’s a sad thing to watch. And much of it is kickbacks to cronies within the United States.

Leahy: Cronies that are doing business with the dictators.

Carmichael: Make no mistake that these dictators have lobbyists. Those lobbyists get lots of money. And so if the lobbyists can get $50 million to be given to a dictator in some small country, that lobbyist charges perhaps three to $5 million for the work they do over a period of two or three years. So it’s not designed to create wealth for the society in question. It is designed to circulate money to the cronies. And that has been going on, especially with the Democrat Party for generations.

Leahy: Let me pose this question to you, Crom. I look at it and we’ve got a very dangerous year and a half ahead with Democrats in control of the executive branch.

Carmichael: We hope only a year and a half.

Leahy: Yeah, we hope only a year and a half. But the answer is going to have to be that the Republicans take back either the United States House of Representatives or the U.S. Senate and or both. Now my question to you is a lot of people and politicos look at the horse race, who’s going to be the Republican nominee.

That’s, like three and a half years from now. It’s too far even to imagine, right? Let me pose this. Of these three people, which one is going to likely be more effective at helping Republicans win back the House of Representatives in November ’22? Would it be Donald Trump, B, Governor Ron DeSantis of Florida, or C, former Secretary of State Mike Pompeo?

Carmichael: I think depending on the race. First of all, I can’t imagine any Republican running for a House seat or a Senate seat, even as an incumbent who wouldn’t want any of those three to come campaign for them. Because as time passes, a lot of the public is looking saying, maybe I screwed up when I voted for Biden over Trump.

Leahy: Asterisk.

Carmichael: I don’t think so. Let me say this. I don’t think there are any people. I’d say there are virtually no people who voted for Trump who said, boy, I made a mistake. Biden is doing a great job. And so when you get into the midterms, as more time passes, and we see more of this just having money in wheel barrels towards special interests out of Washington. And then we see the tax bill when it comes through. And we see all of the stuff that the Democrats are doing. I think that Trump will be able to speak very clearly and DeSantis and Pompeo will be very strong.

Leahy: Part of that team.

Listen to the full third hour here:

– – –

Tune in weekdays from 5:00 – 8:00 a.m. to the Tennessee Star Report with Michael Patrick Leahy on Talk Radio 98.3 FM WLAC 1510. Listen online at iHeart Radio.
Photo “Xi Jinping” by Narendra Modi. CC BY 2.0.