Latest / The 47 Morning Update with Ben Ferguson / Mamdani Disgraces himself on Anniversary of October 7, Trump Accounts Opened for 70 Million Kids & Campaigning with Trump in Texas

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Mamdani Disgraces himself on Anniversary of October 7, Trump Accounts Opened for 70 Million Kids & Campaigning with Trump in Texas · The 47 Morning Update with Ben Ferguson

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  Speaker 1: Welcome. It is Vertical Center, Ted Cruz, Ben Ferguson with you.
• 0:03
  Speaker 1: It's so nice to have you with us wherever you
• 0:04
  Speaker 1: are around the country, listening on radio stations. Also, a reminder,
• 0:08
  Speaker 1: if you're listening on radio, we do the show as
• 0:10
  Speaker 1: a podcast three days a week, so make sure you
• 0:12
  Speaker 1: download Vertical Tech Cruise wherever you get your podcast. Senator,
• 0:15
  Speaker 1: we've got a lot to talk about. in this show
• 0:18
  Speaker 1: that we're doing right now. And also, you joined a
• 0:22
  Speaker 1: very fun club this week as well. I'll tease that
• 0:25
  Speaker 1: up more in a moment, but we've got a lot
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  Speaker 1: to chat about and what's happening ahead of these midterms.
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  Speaker 2: Well, that's right. This week, the world remembered and mourned
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  Speaker 2: the third anniversary of the October 7th massacre, one of
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  Speaker 2: the most horrific terror attacks the world has ever seen.
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  Speaker 2: And while people across the globe were grieving, the rising
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  Speaker 2: Islamists who were taking over the Democrat Party were not. Instead,
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  Speaker 2: Zoran Mondavi, Abdul Al-Sayed, were, if anything, cheering on the
• 1:02
  Speaker 2: terrorists and the murderers. Mondavi's statement that he put out
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  Speaker 2: was shameful. We're going to break it down for you.
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  Speaker 2: And Al-Sayed simply refused to acknowledge that anything had happened
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  Speaker 2: at all. It underscores the radicalism that is taking over
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  Speaker 2: today's Democrat Party, and it underscores the threat our nation
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  Speaker 2: faces in this upcoming election.
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  Speaker 1: Yeah, we're going to talk about that and dive into
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  Speaker 1: a lot of the details in just a moment. But
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  Speaker 1: before we get to that, I do want to talk
• 1:35
  Speaker 1: to you real quick about Compassion International. And I got
• 1:39
  Speaker 1: to tell you, this is one of the coolest organizations
• 1:42
  Speaker 1: I've ever worked with personally. Right now, somewhere in the world,
• 1:46
  Speaker 1: there's a child that's waiting, not waiting for a birthday,
• 1:48
  Speaker 1: not waiting for Christmas, waiting for someone to choose them.
• 1:52
  Speaker 1: And that's what Compassion International does every single day. They
• 1:55
  Speaker 1: connect children living in poverty, extreme poverty, with someone who
• 1:59
  Speaker 1: will know their name, who will pray for them, who
• 2:02
  Speaker 1: will encourage them and help provide the food, the medical care,
• 2:06
  Speaker 1: the education, and the hope they need through a local church.
• 2:10
  Speaker 1: That's key, through a local church. Now, this year, Compassion
• 2:13
  Speaker 1: is expanding into four new countries that are in desperate need. Malawi, Zambia, Cambodia,
• 2:19
  Speaker 1: and Myanmar, meaning there are thousands of children that are
• 2:22
  Speaker 1: being reached for the very first time ever. Now, I
• 2:25
  Speaker 1: want you to do what I do, and for just
• 2:28
  Speaker 1: $ 43 a month, you can be the reason one child
• 2:31
  Speaker 1: stops waiting. You can sponsor a child today at Compassion.com.
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  Speaker 1: That's Compassion.com. It's a great moment for your family, whether
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  Speaker 1: it's for your children to learn about helping others or
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  Speaker 1: your grandchildren, and use that as part of this tool.
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  Speaker 1: So again, sponsor child today at Compassion.com. That's Compassion.com. All right, Senator,
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  Speaker 1: I want to start with something that really raised a
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  Speaker 1: lot of eyebrows, and that was Mondami's statement that he
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  Speaker 1: made on the third anniversary of the horrific October 7th attacks.
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  Speaker 1: And there were a lot of people that were taken
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  Speaker 1: aback by what he said, because it wasn't just a
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  Speaker 1: day where he stood in solidarity for those that were
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  Speaker 1: brutally murdered and kidnapped and raped. He also threw out
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  Speaker 1: that there was, in essence, genocide that happened on the
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  Speaker 1: other side, going after the terrorists in the West Bank,
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  Speaker 1: as he described it, in Gaza. That was the part
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  Speaker 1: that I think shocked so many.
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  Speaker 2: Well, Mondami's statement was truly shameful, and it was released
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  Speaker 2: as an official public statement from the office of the mayor,
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  Speaker 2: and so I'm going to read you what exactly he
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  Speaker 2: put out.
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  Speaker 1: Today.
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  Speaker 2: Mayor Zoran Kwame Mandami, by the way, I didn't know
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  Speaker 2: his middle name was Kwame, but they put it out
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  Speaker 2: every time they refer to him, they refer to him
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  Speaker 2: as Mayor Zoran Kwame Mandami, released the following statement on
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  Speaker 2: the third anniversary of the October 7th attacks. Quote, this
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  Speaker 2: day is profoundly painful for so many New Yorkers. It
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  Speaker 2: marks three years since the horrific war crimes of October 7th.
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  Speaker 2: On that day, Hamas killed more than 1,100 Israelis, and
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  Speaker 2: abducted 251 others. We grieve alongside our many friends and
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  Speaker 2: neighbors who still carry that unthinkable loss. Now, Ben, frankly,
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  Speaker 2: if the statement had ended there, it would have been fine.
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  Speaker 2: Not terrific, but fine. He at least acknowledged that more
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  Speaker 2: than 1,100 Israelis were killed, that that More than 200
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  Speaker 2: were abducted. He did not acknowledge that women and girls
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  Speaker 2: were raped. He did not acknowledge that dozens of Americans
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  Speaker 2: were murdered and dozens more were kidnapped. He somehow left
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  Speaker 2: the Americans victims of that atrocity out of his statement.
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  Speaker 2: But if it had ended there, it would have been acceptable.
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  Speaker 2: But it didn't end there. Then what Mondami really thought continues.
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  Speaker 2: I'm going to return to the statement. Quote, the suffering
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  Speaker 2: did not begin nor end that day. It instead continued
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  Speaker 2: through the Israeli government's devastating, ongoing genocide in Gaza, in
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  Speaker 2: which it has killed more than 74,000 Palestinians, including more
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  Speaker 2: than 21,000 children. Even since the so-called ceasefire, more than
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  Speaker 2: 1,400 Palestinians have been killed. That suffering has intensified with
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  Speaker 2: every Israeli bomb dropped on ambulances waiting outside hospitals, every
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  Speaker 2: drone strike targeting a residential building or journalist, and every
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  Speaker 2: shipment of food aid turned away at the border crossing.
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  Speaker 2: Many New Yorkers are reckoning with this unbearable grief and
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  Speaker 2: we mourn alongside them, all while knowing that our tax
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  Speaker 2: dollars fund these war crimes. Three years later, we must
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  Speaker 2: refuse to accept a world in which occupation and apartheid continue,
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  Speaker 2: where war crimes are met with impunity, and our federal
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  Speaker 2: government continues its complicity with every arms shipment. To honor
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  Speaker 2: the dead, we must fight for a world in which
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  Speaker 2: every person can live with freedom, safety, and dignity. And
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  Speaker 2: let me say, this man is a vicious, America-hating, propagandist liar.
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  Speaker 2: Understand that virtually every word that he said in the
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  Speaker 2: remainder of the statement, and three-fourths of his statement, on
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  Speaker 2: October 7th, is blasting Israel and the Jews. Almost every
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  Speaker 2: word of it is a lie. Number one, the death
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  Speaker 2: tolls that he puts out are simply recycled from Hamas's propaganda,
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  Speaker 2: which he accepts with no hesitation at all. His claim
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  Speaker 2: that there is a genocide in Gaza is an utter
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  Speaker 2: and complete lie.
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  Speaker 3: It is false.
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  Speaker 2: There is not a genocide. That is not happening. And
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  Speaker 2: in fact, the Palestinian population continues to grow and grow
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  Speaker 2: and grow in Gaza and in the West Bank. genocides
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  Speaker 2: do not result in populations growing dramatically. Who is it
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  Speaker 2: that wants to do a genocide? It is Hamas. When
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  Speaker 2: they chant, from the river to the sea, what they
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  Speaker 2: mean is from the Jordan River to the sea, they
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  Speaker 2: want to eradicate Israel and kill every Jew in Israel.
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  Speaker 2: It is Hamas who is advocating a genocide. It is
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  Speaker 2: not Israel. Mondami's statement talks about every drone strike targeting
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  Speaker 2: a residential building. By the way, they are focused on,
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  Speaker 2: among others, taking out Nasrallah, the head of Hezbollah, which
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  Speaker 2: that is how they took him out. And Mondami was
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  Speaker 2: mourning that an America-hating, bigoted terrorist was taken out by
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  Speaker 2: the Israeli military in a defensive attack. This statement, you know, look,
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  Speaker 2: it's one thing if he wants to put out his
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  Speaker 2: vicious attack of Israel. Comrade Mondami, we get it.
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  Speaker 1: You hate Israel.
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  Speaker 2: You hate Jews. You also hate Americans and Christians, but
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  Speaker 2: we get that. That's no surprise. But to do it
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  Speaker 2: on October 7th is grotesque. October 7th was the single
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  Speaker 2: worst one-day massacre of Jews since the Holocaust. Did Mondami
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  Speaker 2: acknowledge the rapes?
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  Speaker 3: No.
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  Speaker 2: By the way, rapes on October 7th, which to be clear,
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  Speaker 2: Hamas was so proud of that they videotaped and put out.
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  Speaker 2: They didn't hide them. I've watched video of Hamas terrorists
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  Speaker 2: carving the breasts off of women, playing soccer with the
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  Speaker 2: heads of Jews they murdered. And by the way, murdered
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  Speaker 2: Americans as well. And Mondami takes that anniversary to instead say,
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  Speaker 2: I mourn for the Hamas terrorists who lost their life.
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  Speaker 2: It was disgraceful. And it's who Mondani is.
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  Speaker 1: Senator, I want to go back into what we were
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  Speaker 1: talking about with Mondani. And we were talking about not
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  Speaker 1: only his statement, but then his actions in New York
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  Speaker 1: and the crowds as well. They had a reaction to
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  Speaker 1: Mondani and the anti-Israel protesters as well. Mondani's hands are red.
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  Speaker 1: That's what they chanted.
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  Speaker 2: Well, Mondami's statement was shameful. On the anniversary of October 7th,
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  Speaker 2: he attacked Israel. He accused them falsely of genocide. Three-fourths
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  Speaker 2: of his statement was simply blasting Israel and blasting America,
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  Speaker 2: to be clear, for supporting Israel. And yet, nonetheless, his
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  Speaker 2: radical base, that wasn't enough. Give a listen to this
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  Speaker 2: coverage of Mondami's behavior on Fox News. Give a listen.
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  Speaker 3: The mayor of New York, Mandami, has just finished answering
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  Speaker 3: questions about his response to the October 7th events, and
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  Speaker 3: he took the opportunity to double down on his suggestion
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  Speaker 3: that Israel is a genocidal state. He used that word again, genocide.
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  Speaker 3: He insisted on doing that. Well, last night, Mandami was
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  Speaker 3: booed at a vigil, an October 7th vigil. Alexis McCallum
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  Speaker 3: joins me now. Tell me all about it, please, Alexis.
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  Speaker 4: Well, it's interesting to see New York City's mayor under
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  Speaker 4: fire now from both sides, including people who went to
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  Speaker 4: bat for him to get him elected just last year.
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  Speaker 4: He's now accused. of not being anti-Israel enough, while fellow
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  Speaker 4: Democrats say, Mamdani, you've gone way too far. So on
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  Speaker 4: the third anniversary of the October 7th Hamas massacre, Mamdani
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  Speaker 4: is accusing Israel of genocide, saying in part, many New
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  Speaker 4: Yorkers are reckoning with this unbearable grief and we mourn
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  Speaker 4: alongside them. all while knowing that our tax dollars fund
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  Speaker 4: these war crimes. He had to get a little dig
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  Speaker 4: there at the end. Even though Mamdani is called for
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  Speaker 4: the arrest of Israeli Prime Minister Benjamin Netanyahu, it's really
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  Speaker 4: just not good enough for some of these pro-Palestinian protesters
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  Speaker 4: who showed up at a peace vigil and confronted the mayor.
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  Speaker 4: You can see people yelling and fighting here. We see
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  Speaker 4: this in New York often, but usually Mamdani is not
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  Speaker 4: being yelled at, too. He was holding a candle stew
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  Speaker 4: surrounded by Jewish New Yorkers when he got called out.
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  Speaker 2: Watch.
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  Speaker 4: Hamas chants and Hamas flags in New York City again.
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  Speaker 4: And some of those activists helped the Democratic Socialists win
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  Speaker 4: the mayor's election last year, now accusing him of turning
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  Speaker 4: his back on the Palestinian people, calling him a traitor.
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  Speaker 1: I want to.
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  Speaker 4: End with a message for Zoran Mamdani.
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  Speaker 1: You have a chance to stand with the people of Palestine.
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  Speaker 3: Do not leave behind the cause that you campaigned on.
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  Speaker 4: And Mamdani was asked about this just a short time ago.
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  Speaker 4: He doubled down on calling it a genocide, as you said,
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  Speaker 4: and says he's not bothered by the protests.
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  Speaker 2: Watch.
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  Speaker 5: And when we're speaking of that genocide, we're speaking of
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  Speaker 5: one that has killed more than 74,000 Palestinians in the
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  Speaker 5: last three years. As for those protesting me, I am
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  Speaker 5: the mayor of New York City, and this is what
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  Speaker 5: I signed up for.
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  Speaker 4: The mayor of New York City and also the mayor
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  Speaker 4: of a city that has the largest Jewish population outside
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  Speaker 4: of Israel. Ahead of the midterms, this exposes a big
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  Speaker 4: divide in the Democratic Party about Israel. Even one of
• 12:04
  Speaker 4: the harshest critics, Mamdani, is just not accused, accused now
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  Speaker 4: of not going far enough. So how do you win?
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  Speaker 4: I don't think you can win.
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  Speaker 1: Senator, you listen to that, and he really likes using
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  Speaker 1: this word, accusing Israel over and over and over again.
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  Speaker 1: The people, by the way, that were attacked on October
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  Speaker 1: 7th and were massacred on October 7th and are surrounded
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  Speaker 1: by terrorists all around them and people that chant from
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  Speaker 1: the river to the sea. And he says, no, no, no,
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  Speaker 1: you should hate the Jewish people. They're the ones committing genocide.
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  Speaker 1: That is a key word he keeps saying.
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  Speaker 2: Well, and you could hear the chanters yelling, long live
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  Speaker 2: Hamas and waving Hamas flags. That is Mondami's base. Those
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  Speaker 2: are the activists who elected Mondami. Those are the people
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  Speaker 2: who put him in power, and that is right now
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  Speaker 2: the base of today's Democrat Party. Understand, Comrade Mondami is,
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  Speaker 2: I believe, the most powerful Democrat in the country. We
• 13:01
  Speaker 2: are seeing a green-red alliance. We are seeing the Islamists
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  Speaker 2: and the communists coming together and taking over the Democrat Party.
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  Speaker 2: And look, the Islamists and Communists, they don't agree on everything,
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  Speaker 2: but they agree on who they hate. They hate Jews,
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  Speaker 2: and they hate Christians. They hate Israel, and they hate America.
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  Speaker 2: They hate the Constitution. They hate the rule of law.
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  Speaker 2: And at the end of the day, the Islamists and
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  Speaker 2: Communists will turn on each other. Once they have eradicated
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  Speaker 2: the Jews and the Christians, once they have eradicated their enemies, Ultimately,
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  Speaker 2: the Islamists plan to kill the communists too. At the
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  Speaker 2: end of the day, they intend to prevail, but in
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  Speaker 2: the short term, they'll make common cause with the communists.
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  Speaker 2: And that is their chant, long live Hamas, is revealing.
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  Speaker 2: There are some people who say, oh, no, no, no, no,
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  Speaker 2: they're not supporting terrorism. They're just, they're advocating for a
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  Speaker 2: two-state solution. No, no, they are not. They are saying
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  Speaker 2: long live Hamas. Hamas are terrorists who targeted civilians. They
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  Speaker 2: didn't attack military targets. They went house to house in
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  Speaker 2: Israel on October 7th, murdering civilians for one reason, because
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  Speaker 2: they are Jewish. Kicking in doors, murdering elderly people, murdering children,
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  Speaker 2: murdering infants, raping women and girls. It was the systematic
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  Speaker 2: target of civilians on racist grounds. And by the way,
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  Speaker 2: you know what else Mondami did on October 7th?
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  Speaker 1: What was that?
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  Speaker 2: He went out and ostentatiously had dinner at a New
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  Speaker 2: York City Palestinian restaurant that has an openly genocidal menu.
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  Speaker 2: He ate at a place called Ayat Heinz Hall on
• 14:48
  Speaker 2: the Upper West Side, and it is a restaurant whose
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  Speaker 2: sister restaurant in Brooklyn has a menu section entitled, quote,
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  Speaker 2: From the River to the Sea. And This restaurant, the
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  Speaker 2: menu for Heinz Hall, features a map of what it
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  Speaker 2: calls Palestine. And that map is the entirety of Israel.
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  Speaker 2: It's not a two-state solution. It is showing what they want,
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  Speaker 2: which is to utterly obliterate Israel, to wipe it from
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  Speaker 2: the map, and to be clear, to murder every Jew
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  Speaker 2: living in Israel so that it is only Hamas Palestinians
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  Speaker 2: who remain. This is what he chose to do, not
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  Speaker 2: on any given day, but on October 7th to make
• 15:35
  Speaker 2: clear that if given a choice between civilians, children, or
• 15:42
  Speaker 2: Hamas terrorists who murder civilians and rape children, he stands
• 15:47
  Speaker 2: with Hamas and his base, no matter how much he
• 15:50
  Speaker 2: does that, no matter how much he lies, no matter
• 15:52
  Speaker 2: how much he slanders and attacks Israel and Jews, it's
• 15:57
  Speaker 2: not enough for the radical base that is taking over
• 16:01
  Speaker 2: the Democrat Party.
• 16:02
  Speaker 1: All right, let me pause just for a second. I
• 16:04
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  Speaker 1: something you worked really hard on that has now become
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  Speaker 1: a reality. That would be the Trump accounts. But now
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• 17:34
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• 17:43
  Speaker 1: moment where everyone, by the way, should be celebrating. This
• 17:46
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• 17:48
  Speaker 2: Well, that's exactly right. Wednesday was a remarkable day. I
• 17:52
  Speaker 2: spent all day on Wednesday with President Trump. I started
• 17:57
  Speaker 2: in the Oval Office with the President for a major
• 17:59
  Speaker 2: policy announcement, and it was a policy announcement on the
• 18:02
  Speaker 2: Trump accounts. The Trump accounts is legislation that I wrote
• 18:05
  Speaker 2: that we passed into law last year that will be
• 18:10
  Speaker 2: one of, if not the single most consequential element of
• 18:13
  Speaker 2: President Trump's legacy. And this week on Wednesday, the President
• 18:17
  Speaker 2: announced That the federal government is auto-enrolling every child in
• 18:22
  Speaker 2: America for the Trump accounts. More than 70 million kids
• 18:25
  Speaker 2: are having personal investment accounts open for them. This is
• 18:29
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• 18:32
  Speaker 2: administration to make happen. And we celebrated it happening this week.
• 18:37
  Speaker 2: I want you to listen to, this is from the
• 18:39
  Speaker 2: Oval Office. I'm standing next to the president, next to
• 18:43
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• 18:51
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• 19:00
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• 19:04
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• 19:07
  Speaker 2: this was his brainchild. Give a listen to the press
• 19:11
  Speaker 2: conference we had in the Oval Office. Ted, please.
• 19:16
  Speaker 4: Mr.
• 19:16
  Speaker 2: President, congratulations. This is unquestionably going to be one of
• 19:21
  Speaker 2: the biggest parts of your legacy as president. And on
• 19:25
  Speaker 2: July 4th, the Trump accounts were launched, our nation's 250th birthday.
• 19:30
  Speaker 2: It's a big, big deal, and today is a massive
• 19:34
  Speaker 2: day that your administration is opening a personal investment account
• 19:38
  Speaker 2: for every single kid in America. Over 70 million kids,
• 19:42
  Speaker 2: every mom and dad out there, your child now has
• 19:45
  Speaker 2: a personal investment account the Treasury Department has set up
• 19:48
  Speaker 2: for you. And that personal investment account, if you have
• 19:51
  Speaker 2: a newborn baby, $ 1, 000 has already been invested in that
• 19:55
  Speaker 2: account that goes straight to the stock market. And we
• 19:59
  Speaker 2: also have incredibly generous philanthropists, Michael and Susan, $ 6. 25 billion
• 20:06
  Speaker 2: They've given $ 250 to 25 million kids across America. We
• 20:12
  Speaker 2: have these kids here, 6th and 7th graders. You guys now,
• 20:17
  Speaker 2: each of you has an investment account. And you're going
• 20:20
  Speaker 2: to be owners. You guys now own part of Apple.
• 20:23
  Speaker 2: You own part of Dell Computers. You own part of McDonald's.
• 20:26
  Speaker 2: Next time you go order a Big Mac, you should
• 20:29
  Speaker 2: walk in and say, look, I own the place. That
• 20:31
  Speaker 2: is powerful. And what's amazing is that you start investing.
• 20:36
  Speaker 2: And if you keep investing, and it grows, and you
• 20:39
  Speaker 2: leave it in there and keep investing, and your family
• 20:41
  Speaker 2: keeps investing, as you get older, you will get hundreds
• 20:44
  Speaker 2: of thousands. And if you keep investing literally millions of
• 20:47
  Speaker 2: dollars in these accounts, you are owners, which is a big,
• 20:52
  Speaker 2: big deal. And I'll tell you what's cool. Your administration
• 20:55
  Speaker 2: designed the app. It's a beautiful app you can download
• 20:59
  Speaker 2: from the Trump account store. But it makes it really
• 21:02
  Speaker 2: easy for anyone to contribute to your account. You have
• 21:05
  Speaker 2: a little QR code that you can send your next
• 21:08
  Speaker 2: birthday party. You know, your Aunt Susie might get you
• 21:11
  Speaker 2: an ugly sweater. And you might say to Aunt Susie,
• 21:15
  Speaker 2: instead of the ugly sweater, how about put 50 bucks
• 21:18
  Speaker 2: in my Trump account? And you can pull it up
• 21:20
  Speaker 2: on your phone and look at it and see it growing.
• 21:24
  Speaker 2: And we are creating a whole new generation of capitalists.
• 21:28
  Speaker 2: And I want to say your team... Scott and Frank
• 21:31
  Speaker 2: and Kevin have done an extraordinary job bird-dogging this, and
• 21:35
  Speaker 2: today is an historic moment of legacy for every.
• 21:39
  Speaker 3: Kid in America.
• 21:40
  Speaker 1: Senator, I've got to tell you, not only is it
• 21:42
  Speaker 1: cool for kids to get to go in the Oval Office,
• 21:45
  Speaker 1: but to be in the Oval Office with the President
• 21:47
  Speaker 1: of the United States of America, with these philanthropists, with
• 21:50
  Speaker 1: you there, you getting to talk to them about these
• 21:52
  Speaker 1: Trump accounts, and the QR code is another example of
• 21:56
  Speaker 1: just the brilliance of of using technology to the advantage
• 22:00
  Speaker 1: for kids in their future. This is really, I think,
• 22:03
  Speaker 1: a historic day, and it's going to be, I think,
• 22:05
  Speaker 1: a massive part of not only Donald Trump's legacy, but
• 22:09
  Speaker 1: to be honest with you, I think it's going to
• 22:10
  Speaker 1: be a huge part of your legacy as one of
• 22:13
  Speaker 1: those defining moments in your career in the Senate where
• 22:15
  Speaker 1: you got something done that can have a massive impact
• 22:17
  Speaker 1: on so many Americans' lives.
• 22:21
  Speaker 2: Well, and let me take you behind the scenes, because
• 22:23
  Speaker 2: one of the things we try to do in Verdict
• 22:25
  Speaker 2: is not just cover what's in the headlines, but take
• 22:28
  Speaker 2: you behind the scenes to what's really happening. And this
• 22:32
  Speaker 2: announcement from the Oval Office was the result of a
• 22:36
  Speaker 2: more than year-long battle. So if you go back to
• 22:39
  Speaker 2: last year, we passed the Working Families Tax Cut, the
• 22:43
  Speaker 2: big reconciliation bill, on July 4th of last year. And
• 22:48
  Speaker 2: the Trump accounts provision, I wrote, I fought tooth and
• 22:51
  Speaker 2: nail to get it in. It was a huge battle.
• 22:53
  Speaker 2: I had to fight with the Senate parliamentarian to get
• 22:55
  Speaker 2: it in. had to work to build the support to
• 22:58
  Speaker 2: keep it in. And one of the things that was
• 23:01
  Speaker 2: a big battle is over this question of auto-enroll. And
• 23:05
  Speaker 2: there's a massive difference whether someone opts in or opts out.
• 23:09
  Speaker 2: If you look at things like 401ks at your workplace,
• 23:13
  Speaker 2: if an employee is required to affirmatively opt in to
• 23:16
  Speaker 2: participate in the 401k, the retirement savings, you get much,
• 23:20
  Speaker 2: much lower take-up rates than if you have to opt out,
• 23:24
  Speaker 2: than if the default is you get the 401k unless
• 23:28
  Speaker 2: you affirmatively go in and say, I don't want it.
• 23:32
  Speaker 2: You end up with much smaller opt-in rates than you
• 23:35
  Speaker 2: do if the default is you're in unless you opt out.
• 23:39
  Speaker 2: That same thing is true for these Trump accounts. And
• 23:42
  Speaker 2: so when I was writing it, my vision was always
• 23:45
  Speaker 2: that these would be automatically created for every kid in America. Well,
• 23:49
  Speaker 2: the career lawyers at Treasury, the deep state, they did
• 23:52
  Speaker 2: not want auto enroll. And we were battling back and
• 23:55
  Speaker 2: forth and back and forth. And fortunately, I had the
• 23:58
  Speaker 2: support of the Trump White House. And so I wrote
• 24:01
  Speaker 2: the language specifically to contemplate auto enroll. Well, when it
• 24:05
  Speaker 2: was signed into law and when it was implemented a
• 24:08
  Speaker 2: year later on July 4th of this year, Treasury, the
• 24:12
  Speaker 2: career lawyers, succeeded in stopping auto enroll on July 4th.
• 24:16
  Speaker 2: So when it launched on July 4th of this year,
• 24:19
  Speaker 2: We didn't have auto enroll. And so we had, as
• 24:21
  Speaker 2: of this week, about 7 million Trump accounts that parents
• 24:26
  Speaker 2: had affirmatively gone and opened Trump accounts for their kids. Now,
• 24:30
  Speaker 2: 7 million Trump accounts is great. We already have billions
• 24:33
  Speaker 2: of dollars invested on behalf of those kids in the
• 24:36
  Speaker 2: stock market. But 7 million is a very different number
• 24:40
  Speaker 2: from 70 million. There are nationwide just over 70 million
• 24:44
  Speaker 2: kids under 18 in America. So it's only about 10
• 24:47
  Speaker 2: percent of kids had opted in and created the accounts.
• 24:51
  Speaker 2: And so I spent a year just going round and
• 24:54
  Speaker 2: round with Treasury, battling with Treasury, and the career lawyers
• 24:57
  Speaker 2: did not want to do it, did not want to
• 24:59
  Speaker 2: do it. I went to Treasury and had breakfast with
• 25:01
  Speaker 2: Scott Besant, the Treasury Secretary, and front and center, this
• 25:05
  Speaker 2: was the main topic, is we need to do auto-enroll.
• 25:07
  Speaker 2: And auto-enroll matters for several things. One, because everyone participates. Two,
• 25:13
  Speaker 2: because the thousand dollars, which is for every newborn, there
• 25:17
  Speaker 2: are about 3.7 million newborns each year, you got to
• 25:20
  Speaker 2: have an account for that thousand dollars to go in
• 25:22
  Speaker 2: and to start compounding. And if you wait for people
• 25:25
  Speaker 2: to opt in, many newborns will never get their thousand dollars.
• 25:29
  Speaker 2: But not only that, because these accounts can receive charity,
• 25:33
  Speaker 2: you must have the account to be able to receive
• 25:35
  Speaker 2: the charity. Michael and Susan Dell giving 25 million kids $ 250. Well,
• 25:40
  Speaker 2: you know what? There were only 7 million accounts, so
• 25:42
  Speaker 2: a lot of those 25 million couldn't get their $ 250
• 25:46
  Speaker 2: because they didn't have an account to put it in.
• 25:48
  Speaker 2: So it was a huge policy question, and ultimately the
• 25:52
  Speaker 2: reason we won the policy question is because President Trump
• 25:55
  Speaker 2: leaned in and said, I want auto-enroll, and so it happened.
• 25:59
  Speaker 2: And what's amazing is you're now seeing bipartisan support for
• 26:03
  Speaker 2: Trump accounts. Give a listen to this exchange again in
• 26:06
  Speaker 2: the Oval Office with President Trump. says that for babies
• 26:10
  Speaker 2: born in.
• 26:10
  Speaker 4: 2026, if you make the maximum contribution, the baby could have.
• 26:14
  Speaker 2: About $ 1. 1 million by the time they're 2028.
• 26:18
  Speaker 4: You were the ones that got this done for young parents.
• 26:21
  Speaker 5: What message should that send to young parents as they
• 26:24
  Speaker 5: head to the ballot box?
• 26:25
  Speaker 1: Well, very simple.
• 26:26
  Speaker 2: We love your children. We take care of your children
• 26:28
  Speaker 2: like no president has ever done, like no people have
• 26:32
  Speaker 2: ever done. Ted, do you want to address that, please? Look,
• 26:35
  Speaker 2: this is the future for kids, and it is transformational.
• 26:39
  Speaker 2: And to give a sense of the broadness of the impact,
• 26:42
  Speaker 2: a little over a month ago, Gavin Newsom had a
• 26:45
  Speaker 2: press conference celebrating the Trump accounts. And Gavin Newsom praised you.
• 26:51
  Speaker 2: Miracles could happen. Brad Gerstner was standing right next to
• 26:54
  Speaker 2: him when Gavin Newsom said nice things about you and
• 26:56
  Speaker 2: nice things about me, and lightning did not strike anything.
• 27:00
  Speaker 2: That's an indication of just how powerful this is. 10, 20,
• 27:04
  Speaker 2: 30 years ago, the impact for kids, having a stake,
• 27:09
  Speaker 2: an ownership stake in the future.
• 27:12
  Speaker 1: And, Mr.
• 27:12
  Speaker 2: President, you referenced personal investment accounts. This is going to
• 27:16
  Speaker 2: move all of us towards personal investment accounts and having
• 27:20
  Speaker 2: a stake in the future. And that is transformational.
• 27:23
  Speaker 3: We even had Adam Shifty Shift. Have you heard of him?
• 27:27
  Speaker 2: He said phenomenal things. I said, replay that.
• 27:32
  Speaker 3: I don't believe it.
• 27:33
  Speaker 2: But he said incredible things about this.
• 27:35
  Speaker 5: So that's nice.
• 27:36
  Speaker 1: All right, I want to just take a moment real
• 27:39
  Speaker 1: quick and talk about the midterms. Between work, errands, and family,
• 27:43
  Speaker 1: we're all busy. And with elections around the corner, it
• 27:45
  Speaker 1: can be hard to find time to vote. Now, waiting
• 27:49
  Speaker 1: until Election Day is a big risk. A flat tire
• 27:52
  Speaker 1: or a sick child could mean you miss out on
• 27:55
  Speaker 1: making your voice heard. That's why I need you to
• 27:58
  Speaker 1: vote early. And you can go to GOPvotes.org. That's gopvotes.org.
• 28:06
  Speaker 1: And you can find your polling place and bank your
• 28:09
  Speaker 1: vote today. Now, if you live in the critical Senate
• 28:12
  Speaker 1: battleground states of Maine or Ohio, early voting has already
• 28:17
  Speaker 1: started this week. The radical left has won Democratic primaries
• 28:21
  Speaker 1: across the country, and their turnout machine is ready to
• 28:24
  Speaker 1: swarm the polls this fall. That's why you need to
• 28:27
  Speaker 1: plan to vote, too. President Donald Trump is counting on you.
• 28:31
  Speaker 1: Our movement is counting on you. I'm counting on you.
• 28:34
  Speaker 1: So don't wait. Head to GOP votes dot org and
• 28:37
  Speaker 1: make your plan to vote early today. Paid for by
• 28:40
  Speaker 1: the S.L.F. PAC, not authorized by any candidate or candidates
• 28:44
  Speaker 1: committee center. After this incredible day that you had, I
• 28:48
  Speaker 1: should say morning at the Oval Office. You got to
• 28:52
  Speaker 1: join a very exclusive club. Rarely do I get to
• 28:56
  Speaker 1: say you get to join a club that I was
• 28:57
  Speaker 1: in before you were in it, so I'm going to
• 28:59
  Speaker 1: take this moment and just, you know, I'm pretty sure
• 29:02
  Speaker 1: you're in your 50s now, and it only took you
• 29:05
  Speaker 1: 50-something years to join this very exclusive club. I may
• 29:08
  Speaker 1: have done it in my early 20s. You got to
• 29:11
  Speaker 1: go with the president on Marine One to head to
• 29:13
  Speaker 1: Air Force One to then come to Texas for a
• 29:16
  Speaker 1: rally that he was doing for Kim Paxton. But before
• 29:19
  Speaker 1: we get to that, how amazing is Marine One? Well,
• 29:22
  Speaker 1: it's spectacular.
• 29:23
  Speaker 2: And after we did this major policy announcement from the
• 29:26
  Speaker 2: Oval Office, the president had invited me to join him
• 29:30
  Speaker 2: going down to Texas. And we had a big rally
• 29:32
  Speaker 2: in San Antonio Wednesday night. And the rally was for
• 29:36
  Speaker 2: Ken Paxton for the Senate race. And so we left
• 29:39
  Speaker 2: the Oval. We walked out to the South Lawn of
• 29:41
  Speaker 2: the White House and went and boarded Marine One. And
• 29:46
  Speaker 2: I will say I'd never done that before. You're right.
• 29:48
  Speaker 2: You got to fly on Marine One during the George W.
• 29:51
  Speaker 2: Bush presidency. And I will have to admit a little
• 29:54
  Speaker 2: background for our listeners. Ben has been giving me grief
• 29:57
  Speaker 2: about that for years, has been lording.
• 30:00
  Speaker 1: It over to me.
• 30:01
  Speaker 2: And I have to admit, I had helicopter envy. I'm
• 30:06
  Speaker 2: not going to dispute it. I'd never been on Marine One.
• 30:08
  Speaker 2: I've been on Air Force One a bunch of times,
• 30:10
  Speaker 2: but I'd never been on Marine One. Usually you drive
• 30:13
  Speaker 2: to Andrews Air Force Base if you're riding on Air
• 30:15
  Speaker 2: Force One and you board the plane and you wait
• 30:17
  Speaker 2: for the president to come and the president takes Marine
• 30:20
  Speaker 2: One from the White House. and meet you there. Well,
• 30:23
  Speaker 2: this time, since I was in the Oval and we
• 30:25
  Speaker 2: were going straight, he invited me to join him, so
• 30:28
  Speaker 2: I walked out. And by the way, there are two
• 30:30
  Speaker 2: things that are new. Number one, this is a new
• 30:31
  Speaker 2: Marine One. It's not the old one. It's a bigger,
• 30:34
  Speaker 2: more powerful helicopter, so it was very cool. The inside,
• 30:37
  Speaker 2: I tweeted out some pictures of the inside, but it's
• 30:40
  Speaker 2: quite spacious. and it's very fast. It flies over 300
• 30:45
  Speaker 2: miles an hour, and so it's a very cool helicopter,
• 30:49
  Speaker 2: and it actually is one of the first flights also
• 30:51
  Speaker 2: from the new helipad. So President Trump had described how
• 30:54
  Speaker 2: when the new Marine One is a bigger helicopter with
• 30:57
  Speaker 2: a lot more power, and it used to land just
• 31:00
  Speaker 2: on the grass in the South Lawn. We're all familiar
• 31:02
  Speaker 2: with the images of the President walking out to Marine One,
• 31:04
  Speaker 2: just walking across the grass, and the problem was the
• 31:08
  Speaker 2: new helicopter was so powerful that it would rip up
• 31:10
  Speaker 2: the grass. It was like turning it up and turning
• 31:13
  Speaker 2: it into mud. And so the president said, well, let's
• 31:15
  Speaker 2: build a helipad. And he built a really big helipad
• 31:18
  Speaker 2: with a giant symbol, the presidential seal on it. And
• 31:23
  Speaker 2: it's really cool. And he also built a walkway. So
• 31:26
  Speaker 2: it always used to be that the president, and if
• 31:28
  Speaker 2: he was flying with the first lady, the president and
• 31:29
  Speaker 2: first lady would walk out over the grass. If it
• 31:32
  Speaker 2: had rained, if it was bad weather, you'd get mud
• 31:35
  Speaker 2: all over your shoes. If the first lady was wearing
• 31:37
  Speaker 2: high heels, she would like get her heels sinking into
• 31:40
  Speaker 2: the grass. You now have a walkway. So we got
• 31:43
  Speaker 2: to board Marine One, and it was actually very cool.
• 31:46
  Speaker 2: The president had Marine One circle around the White House
• 31:49
  Speaker 2: to show me the ballroom. The ballroom is building, you know,
• 31:52
  Speaker 2: for a long time they'd been building underground because the
• 31:54
  Speaker 2: ballroom goes really deep with a lot of security apparatus
• 31:57
  Speaker 2: down there. And so it had been below ground. It's
• 32:00
  Speaker 2: now a lot has been done building the new ballroom.
• 32:03
  Speaker 2: So we did a loop around And then also the
• 32:07
  Speaker 2: president had the helicopter take a detour. He's building a
• 32:11
  Speaker 2: new golf course that is going to be an incredible
• 32:14
  Speaker 2: golf course that is surrounded by water on three sides.
• 32:17
  Speaker 2: So he had Marine One do a loop around the
• 32:19
  Speaker 2: golf course, and then we went to Air Force One. Now,
• 32:22
  Speaker 2: I will say Air Force One is also this is
• 32:25
  Speaker 2: the first time that I've flown on the new Air
• 32:27
  Speaker 2: Force One that the president got from the Qataris. I've
• 32:32
  Speaker 2: said before I'm not particularly keen on the fact that
• 32:35
  Speaker 2: we got Air Force One from the Qataris. That being said,
• 32:38
  Speaker 2: it is a ridiculously nice plane. It is a plane
• 32:44
  Speaker 2: that cost billions of dollars to build. It's a 747,
• 32:48
  Speaker 2: and it is the most luxurious plane. Trump was saying
• 32:54
  Speaker 2: he gave me a tour of the whole plane when
• 32:55
  Speaker 2: we got on board, and it's got three bedrooms on it.
• 32:59
  Speaker 2: And he was saying it's the most luxurious plane on
• 33:02
  Speaker 2: the planet, and I believe that, just having seen it.
• 33:05
  Speaker 2: It looks like a super high-end yacht inside, like it's
• 33:09
  Speaker 2: just gorgeous woodwork and leather. And his office is a
• 33:14
  Speaker 2: big office where he's got a very cool desk, and
• 33:17
  Speaker 2: the old Air Force One— look, the old Air Force One
• 33:20
  Speaker 2: is amazing, although I will tell you, the first time
• 33:22
  Speaker 2: I joined Donald Trump on Air Force One was early
• 33:26
  Speaker 2: in his first term. It was March of 2017. And
• 33:29
  Speaker 2: I walked onto the plane, and he greeted me, and
• 33:32
  Speaker 2: I said, nice plane, Mr. President. And he laughed and said, yeah,
• 33:36
  Speaker 2: my old one was nicer. And my immediate response was, yeah.
• 33:41
  Speaker 2: But it didn't have missiles on it. which he enjoyed.
• 33:45
  Speaker 2: You've been on Air Force One as well. It's an
• 33:47
  Speaker 2: amazing experience. This new one is orders of magnitude nicer.
• 33:51
  Speaker 2: So we flew to Texas and went to a rally
• 33:54
  Speaker 2: in San Antonio, and it was in the Coliseum there.
• 33:57
  Speaker 2: It was about 7,000 people. It was a packed house,
• 34:00
  Speaker 2: and it was a rally for the election, for the midterms,
• 34:03
  Speaker 2: and it was supporting all of the candidates running in Texas,
• 34:07
  Speaker 2: but especially Ken Paxton. We've got a very close competitive
• 34:10
  Speaker 2: Senate race. It's basically tied. I think we're going to
• 34:13
  Speaker 2: win in November. I think Ken Paxton is going to
• 34:16
  Speaker 2: be the next senator from Texas, and I have spent
• 34:19
  Speaker 2: a ton of time. I've raised millions of dollars for
• 34:22
  Speaker 2: Ken Paxton. My political apparatus has spent millions of dollars
• 34:26
  Speaker 2: directly supporting Ken Paxton. But, Ben, this race comes down
• 34:31
  Speaker 2: entirely to one thing, and that is turnout. The left
• 34:34
  Speaker 2: is going to show up.
• 34:35
  Speaker 1: They're mad.
• 34:35
  Speaker 2: They're angry. They hate Donald Trump. We got to make
• 34:38
  Speaker 2: sure conservatives show up. We got to make sure the
• 34:41
  Speaker 2: MAGA base shows up. We got to make sure just
• 34:43
  Speaker 2: common sense Texans show up. And this is true all
• 34:46
  Speaker 2: over the country that just common sense Americans show up.
• 34:48
  Speaker 2: And so I'm really grateful. I joined President Trump last
• 34:51
  Speaker 2: week at a big event he did in North Texas.
• 34:54
  Speaker 2: And I joined him this week at a big event
• 34:56
  Speaker 2: he did in San Antonio. And I'm very thankful that
• 34:59
  Speaker 2: he's coming to Texas because it's really helpful for rallying
• 35:03
  Speaker 2: the MAGA base to come out. And he gave a
• 35:06
  Speaker 2: two hour speech. I don't know how this guy, he's
• 35:09
  Speaker 2: 80 years old and the energy he's got. Look, I
• 35:12
  Speaker 2: got to tell you, a bunch of us, two hours
• 35:15
  Speaker 2: on our feet, our feet were hurting. I was in,
• 35:17
  Speaker 2: you know, I was wearing black cowboy boots, two hours
• 35:19
  Speaker 2: on your feet in black cowboy boots and your calves
• 35:22
  Speaker 2: are throbbing. And Trump at age 80 just didn't pause
• 35:26
  Speaker 2: at all. He kept going. He was praising Ken Paxton
• 35:29
  Speaker 2: as the most conservative attorney general in the country, which
• 35:32
  Speaker 2: I think is accurate. And he lit into James Tallarico
• 35:36
  Speaker 2: in a way that was just, I mean, the guy
• 35:38
  Speaker 2: is radical and extreme. And President Trump did a really
• 35:42
  Speaker 2: good job of detailing his extreme record, whether it's saying
• 35:45
  Speaker 2: God is non-binary or saying there's six different genders. or
• 35:49
  Speaker 2: saying that he wants to dismantle capitalism. But he also unloaded.
• 35:54
  Speaker 2: So James Tallarico has been missing for 12 days from
• 35:56
  Speaker 2: the campaign trail. He has disappeared. That is weird. We're
• 36:00
  Speaker 2: less than 30 days away from Election Day, and Tallarico
• 36:02
  Speaker 2: is just nowhere. He's doing no public events. He has
• 36:05
  Speaker 2: not been seen in public. Last time he was seen
• 36:07
  Speaker 2: in public was with Robert De Niro at a fundraiser
• 36:10
  Speaker 2: in New York two weeks ago. Listen to what Donald
• 36:13
  Speaker 2: Trump said about Tallarico being absent. I got that right, vegan.
• 36:17
  Speaker 1: He's a vegan. He wants to eat a piece of lettuce,
• 36:19
  Speaker 1: a little piece of lettuce, please. But he's been seen.
• 36:23
  Speaker 2: You know, you haven't seen him in a couple of weeks.
• 36:24
  Speaker 2: I hear the guy's disappeared.
• 36:25
  Speaker 1: Nobody knows.
• 36:26
  Speaker 2: You know where he is? He's sick because.
• 36:29
  Speaker 3: He's been forced to eat meat for political reasons, and
• 36:32
  Speaker 3: he's throwing up.
• 36:33
  Speaker 1: All over the place. He's sick.
• 36:37
  Speaker 2: So, Ben, I got to say, you've been involved in
• 36:39
  Speaker 2: politics your whole life. Have you ever seen a candidate
• 36:42
  Speaker 2: in the closing 30 days of a very closely contested race,
• 36:47
  Speaker 2: disappear for two weeks. That's what James Tallarico has done,
• 36:50
  Speaker 2: and frankly.
• 36:50
  Speaker 1: It's weird. Yeah, it's beyond weird, and it's a big question.
• 36:54
  Speaker 1: I'm sure donors are asking the same thing. If I'm
• 36:56
  Speaker 1: putting all this money in your account, buddy, where the
• 36:58
  Speaker 1: heck are you in the closing days of your campaign?
• 37:00
  Speaker 1: We'll keep covering this. I can promise that. Don't forget,
• 37:03
  Speaker 1: we do this show as a podcast, so download Verdict
• 37:05
  Speaker 1: with Ted Cruz wherever you get your podcasts, and the
• 37:08
  Speaker 1: Senator and I will see you back here on this
• 37:09
  Speaker 1: radio station as well next week. Have a good one.