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Mark interviews Fox News contributor Liz Peek. · The Mark Simone Show

• 0:00
  Speaker 1: Talking about everything you care about, Marks the Moones.
• 0:03
  Speaker 2: On wor.
• 0:07
  Speaker 1: Well, Lizpeak, the brilliant columns. You can read her at
• 0:10
  Speaker 1: the Fox News and lots of other great places. But
• 0:14
  Speaker 1: the best thing is go to our website. In fact,
• 0:16
  Speaker 1: if you go there, you get the best news in
• 0:19
  Speaker 1: analysis and you can sign up for the daily email
• 0:22
  Speaker 1: come right to you giving you great stories news analysis.
• 0:25
  Speaker 1: Just go to lizpeak dot com. Lizpeak dot com, make
• 0:29
  Speaker 1: sure you sign up there, Liz Peak. How you doing well.
• 0:33
  Speaker 2: I'm terrific and I'm happy to join you. Like everyone else,
• 0:37
  Speaker 2: I'm on Iran Watch, so you know, minute by minute
• 0:41
  Speaker 2: mark we're kind of trying to figure out what's going on. Uh,
• 0:44
  Speaker 2: and you know, investors are very optimistic that this alt
• 0:48
  Speaker 2: this war is going to come to a close.
• 0:50
  Speaker 3: Oil prices are going to come down. I hope that's right.
• 0:53
  Speaker 1: Well. Uh, when we started that blockade the strait up
• 0:57
  Speaker 1: her moose, it was brilliant because yeah, it basically affects
• 1:01
  Speaker 1: Europe and China and everywhere else. We got plenty of oil.
• 1:03
  Speaker 1: In fact, we might make money off it because now
• 1:06
  Speaker 1: people have to start buying from us. We're the biggest
• 1:08
  Speaker 1: oil supplier then and in the end, don't you think
• 1:12
  Speaker 1: this will all work out? In fact, they'll also they'll
• 1:14
  Speaker 1: start building these pipelines, so we won't depend on that
• 1:16
  Speaker 1: straight anymore. A year from now, we're going to be
• 1:19
  Speaker 1: very happy with the way it turned out, aren't we.
• 1:22
  Speaker 2: I think so. I mean, I think yes. I'm optimistic
• 1:25
  Speaker 2: that we'll have a decent peace agreement with Iran. I'm
• 1:31
  Speaker 2: really tired of going on social media and saying and
• 1:34
  Speaker 2: seeing people talking about how great the deal was that
• 1:38
  Speaker 2: Obama struck with Iran, because I actually remember that deal,
• 1:42
  Speaker 2: and the reason he never submitted it to Congress for
• 1:45
  Speaker 2: approval is that everyone understood that it was incredibly as
• 1:48
  Speaker 2: Neat and Yahu said, it was not something an agreement
• 1:53
  Speaker 2: that would prohibit the development of a nuclear weapon. It
• 1:56
  Speaker 2: was a pathway to a nuclear weapon for i Ran.
• 1:59
  Speaker 3: And it was true.
• 2:01
  Speaker 2: You know, the idea that Iran was going to comply
• 2:05
  Speaker 2: with the requirements of an open inspection and so forth
• 2:09
  Speaker 2: of their nuclear sites where repeatedly, leading up to that
• 2:15
  Speaker 2: negotiation they had refused entry to international inspections of their
• 2:20
  Speaker 2: commercial size, not to mention, they had hidden all their
• 2:24
  Speaker 2: military nuclear sites from the public. You know, at the
• 2:28
  Speaker 2: time and the signing of the agreement, nobody even knew
• 2:31
  Speaker 2: what they were doing in terms of military preparedness for
• 2:35
  Speaker 2: a nuclear bomb. And you know, recent the reporting by
• 2:39
  Speaker 2: CBS and others have confirmed they went right ahead creating
• 2:45
  Speaker 2: enriching uranium. There was never any intention to stop doing that.
• 2:50
  Speaker 2: So it was just there was basically built in a
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  Speaker 2: sort of tenure moratorium, and then Iran.
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  Speaker 3: Was basically permitted to get a nuclear weapon.
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  Speaker 2: And by the way, this idea that our allies had
• 3:02
  Speaker 2: signed onto it, well they did because Germany and France
• 3:05
  Speaker 2: and others had big commercial interests in Iran, and they
• 3:08
  Speaker 2: had no interest at all in putting their economies on
• 3:12
  Speaker 2: the line or even dinging their economies by withdrawing from
• 3:16
  Speaker 2: what was then a pretty active buyer of their industrial goods.
• 3:19
  Speaker 3: So I don't know.
• 3:21
  Speaker 2: Revisionism in this case is pretty sickening, honestly. If we
• 3:25
  Speaker 2: can end up not only removing the enrichment capabilities from
• 3:30
  Speaker 2: Iran and the enriched uranium, and also determining that they
• 3:37
  Speaker 2: cannot have such a huge inventory thousands of missiles that
• 3:41
  Speaker 2: are capable of hitting Europe, and if we somehow can
• 3:44
  Speaker 2: guarantee that the Strait of removes will never again be
• 3:47
  Speaker 2: closed by speedboats with machine guns. That will be an
• 3:50
  Speaker 2: unbelievable victory Mark, and I don't think it's impossible.
• 3:54
  Speaker 1: Yeah, there's also another thing, you know, we were always
• 3:56
  Speaker 1: terrified of. We're so afraid of Iran, you know, Well,
• 4:00
  Speaker 1: you can never tangle with them. Even during the Iraq Wars,
• 4:03
  Speaker 1: the thought of getting a Ran involved, that was a
• 4:05
  Speaker 1: frightening trying to tangle this. Yeah, well, now that we've
• 4:08
  Speaker 1: gone after them all out war, we see they've got nothing.
• 4:11
  Speaker 1: They're just totally ineffective against us. And I think kind
• 4:15
  Speaker 1: of we learned the same thing about this Russian army
• 4:18
  Speaker 1: watching Ukraine hold them off for five years. So the
• 4:22
  Speaker 1: psychological effect isn't that great to really change things for us?
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  Speaker 2: Well, And I would say the flip side of that
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  Speaker 2: is that the United States military, over several activities in
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  Speaker 2: the last couple of years, has proved themselves probably way
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  Speaker 2: beyond expectation.
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  Speaker 3: I mean, if the Chinese were not alarmed.
• 4:41
  Speaker 2: By the ability of the US military to go into
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  Speaker 2: Venezuela and snatch Maduro from a very heavily armed fortress
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  Speaker 2: basically without any problem whatsoever, if they were not concerned
• 4:57
  Speaker 2: about the combined forces of the US and Israel taking
• 5:03
  Speaker 2: out the nuclear sites in Iran a year ago.
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  Speaker 3: They sure heck have to be pretty terrified to see.
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  Speaker 2: The utter obliteration of Iran's military capabilities in the Latin
• 5:18
  Speaker 2: what forty days.
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  Speaker 3: I mean, it's an unbelievable achievement.
• 5:22
  Speaker 2: And I would think President she who, by the way,
• 5:24
  Speaker 2: finally piped up yesterday and said enough, let's open the
• 5:27
  Speaker 2: Strait of Hormuz.
• 5:28
  Speaker 3: Thank you.
• 5:30
  Speaker 2: Yes, where's he been? I think he's got to be
• 5:32
  Speaker 2: reassessing whatever he thought about American willingness to go into Taiwan.
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  Speaker 2: Now he knows if we do decide to counter some
• 5:42
  Speaker 2: aggressive aggression on his part, boyle boy.
• 5:45
  Speaker 3: Can we do it?
• 5:47
  Speaker 1: Liz Peak today is officially beat up Kevin Warshday in Washington. Yeah, sure,
• 5:53
  Speaker 1: he's I think a good choice for the FED chairman.
• 5:56
  Speaker 1: I think you'd agree. And what should he do to
• 5:58
  Speaker 1: get through these hearings today?
• 6:00
  Speaker 2: Just keep his mouth shut and just don't rise to
• 6:03
  Speaker 2: the bait with Elizabeth Warren hectoring him about being Trump's puppet, etc.
• 6:09
  Speaker 2: As she did in the last couple of days, Just
• 6:11
  Speaker 2: to let it roll off his back. He knows who
• 6:13
  Speaker 2: he is he knows, and they know that. Democrats on
• 6:17
  Speaker 2: the committee know that he has a long fine reputation
• 6:20
  Speaker 2: as an inflation hawk.
• 6:22
  Speaker 3: What does he want to do.
• 6:23
  Speaker 2: He wants to bring in the rain in the balance
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  Speaker 2: sheet of the Fed.
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  Speaker 3: That's obviously hawkish, not dubbish. We'll see what happens here.
• 6:33
  Speaker 2: I think President Trump did a foolish thing and going
• 6:36
  Speaker 2: after J. Powell legally, and now Tom Tillis is refusing
• 6:40
  Speaker 2: to vote for Kevin Worsh until that issue is resolved.
• 6:44
  Speaker 2: Trump should resolve it and back away. There's just a
• 6:47
  Speaker 2: foolish undertaking. But I think Kevin Worsh will be a
• 6:50
  Speaker 2: good a good change agent.
• 6:54
  Speaker 3: At the FED.
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  Speaker 2: He's not just interested in interest rates, obviously, he wants
• 6:58
  Speaker 2: to reform the FED and he wants to reform how
• 7:00
  Speaker 2: we go about their business, what kind of approach they
• 7:03
  Speaker 2: take to monetary policy. You know, he had sort of
• 7:07
  Speaker 2: revived the idea of setting rules in place for sort
• 7:10
  Speaker 2: of automatic adjustments in our interest rate policy based on
• 7:15
  Speaker 2: not the winds of the chair or the members of
• 7:18
  Speaker 2: the board, but actual you know, data, sort of rule
• 7:24
  Speaker 2: associated with the growth of the economy.
• 7:27
  Speaker 3: In other words, put in.
• 7:28
  Speaker 2: Place measures that will get away from the sort of
• 7:31
  Speaker 2: stop start behavior and often wrong footed behavior of fed's
• 7:36
  Speaker 2: chairs and bodies over the last thirty years. I remember
• 7:40
  Speaker 2: going to an Economics Club meeting years and years ago
• 7:43
  Speaker 2: and Henry Paulson stood up and said, the Fed's been
• 7:45
  Speaker 2: wrong for thirty five years. And I kind of thought
• 7:48
  Speaker 2: at the time, God, can that really be true? And
• 7:50
  Speaker 2: then I went back and looked a lot of the history.
• 7:52
  Speaker 3: Guess what, it's true.
• 7:53
  Speaker 2: So something needs to change, And I think Kevin Worris
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  Speaker 2: could be a very very bright light in terms of
• 8:01
  Speaker 2: exposing the inadequacy of the FED, the wrong the fact
• 8:04
  Speaker 2: that they're chasing rainbows and DEI and climate issues as
• 8:09
  Speaker 2: opposed to really kind of paying attention to what they
• 8:11
  Speaker 2: need to watch.
• 8:13
  Speaker 1: Hey, as far as that investigation, what I would do,
• 8:16
  Speaker 1: take your own poal's name out of it. Just take
• 8:17
  Speaker 1: his name off. That the new FED building should have
• 8:20
  Speaker 1: been about eight hundred nine hundred million, they spent like
• 8:22
  Speaker 1: two to three billion. Just run an investigation into the project.
• 8:26
  Speaker 1: It's because it would be a good start to go
• 8:28
  Speaker 1: and after government waste, what happened to the extra two billion.
• 8:31
  Speaker 3: I agree with you. I think that's a really good idea.
• 8:34
  Speaker 2: And because it is kind of a classic example of
• 8:40
  Speaker 2: a government project just getting out of control. And my
• 8:42
  Speaker 2: guess is no oversight, I mean, no mark. When I
• 8:45
  Speaker 2: drove to Kennedy Airport last week, there's a construction project
• 8:50
  Speaker 2: along that road that's been underway for at least twelve years.
• 8:53
  Speaker 3: I talked to my driver about it.
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  Speaker 2: Twelve years, and I'm sure it has cost a fortune.
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  Speaker 2: Who's watching it, who's taking care of the taxpayer interest here,
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  Speaker 2: not to mention the tens of thousands of poor schlumps
• 9:05
  Speaker 2: who drive that road every day on their way to work.
• 9:08
  Speaker 3: It's a horror show.
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  Speaker 2: And the same thing with the FED building. You know,
• 9:12
  Speaker 2: Americans are far too patient. We put up with far
• 9:15
  Speaker 2: too much and do not demand accountability. If there's one
• 9:19
  Speaker 2: thing that Trump could bring in the next three years
• 9:22
  Speaker 2: of his administration and leave it is a sense of accountability.
• 9:26
  Speaker 2: I gotta say, I love what they're doing about going
• 9:28
  Speaker 2: after waste and fraud.
• 9:30
  Speaker 3: It should have been done years ago.
• 9:32
  Speaker 2: But you know, let's turn a spotlight on places where
• 9:35
  Speaker 2: people are really stealing government money.
• 9:38
  Speaker 3: Or just wasting it.
• 9:39
  Speaker 2: Because that's my money, and it's your money, it's everybody's money,
• 9:42
  Speaker 2: and it should be it should be a matter of
• 9:45
  Speaker 2: greater focus.
• 9:46
  Speaker 1: Yeah. You know, Andrew Cuomo loves to brag about that
• 9:48
  Speaker 1: new LaGuardia terminal. It costs twenty billion. Everybody says it's
• 9:53
  Speaker 1: a one billion dollar terminal. We spend an extra nineteen
• 9:56
  Speaker 1: billion on it. But you're right, investigate all this stuff.
• 10:00
  Speaker 2: If you remember, Mark, when President Trump started running for
• 10:04
  Speaker 2: office back in fifteen or whatever, he talked about I
• 10:07
  Speaker 2: think it was the embassy in Israel or the embassy
• 10:10
  Speaker 2: in London. I forget which one, where they were going
• 10:13
  Speaker 2: to spend you.
• 10:14
  Speaker 3: Know, hundreds of millions of dollars.
• 10:17
  Speaker 2: And he said, you know, I went in and there
• 10:19
  Speaker 2: was a building and we kind of figured out what
• 10:20
  Speaker 2: we could do, and it was, I don't know, it
• 10:22
  Speaker 2: was like a fraction of what his predecessor.
• 10:25
  Speaker 3: Had wanted to spend.
• 10:26
  Speaker 2: That's the kind of common sense language that Americans are
• 10:31
  Speaker 2: very very happy to hear, because we do not hear
• 10:34
  Speaker 2: it nearly enough.
• 10:35
  Speaker 1: Yeah. Well, Liz Peak, great work. As always. Everybody, go
• 10:39
  Speaker 1: to lizpeak dot com. Sign up there for the daily emails.
• 10:42
  Speaker 1: You'll get the best news, analysis, stories, columns. Lizpeak dot com.
• 10:48
  Speaker 1: Keep up the good work and we'll talk about it.
• 10:50
  Speaker 2: Thank you right, thanks for having me Mark, take care.
• 10:53
  Speaker 2: You keep up the good work too.
• 10:54
  Speaker 1: Thanks take care, Hey, don't forget bye. Coming up at
• 10:58
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