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

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  Speaker 1: De Mark Simone Show on SEVENR. Well, Lizpeak, the brilliant columns,
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  Speaker 1: your reader at the Foxnews dot com, the Hill dot com.
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  Speaker 1: You see her all over television, and make sure you
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  Speaker 1: go to a website. It's great news and analysis every day.
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  Speaker 1: It's lizpeak dot com. And sign up for the It'll
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  Speaker 1: come to your free every day. To your email lizpeak
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  Speaker 1: dot com, Lizpeak. How you doing.
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  Speaker 2: I'm terrific. Thank you for having me.
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  Speaker 1: On Mark Hey, great to have you. The FED decision
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  Speaker 1: later today. They'll do nothing right, no change.
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  Speaker 2: Probably do nothing. And you know, I've been thinking about
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  Speaker 2: this a lot, of course everyone has. So what is
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  Speaker 2: the biggest issue right now? What? You know, you just
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  Speaker 2: had Congress come together in a bipartisan fashion to pass
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  Speaker 2: a housing bill. Congress almost never does anything in a
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  Speaker 2: bipartisan fashion, and as Steve Forbes said to me yesterday
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  Speaker 2: on set, you know, it's a problem if it's bipartisan.
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  Speaker 2: And I kind of agree with him. I mean, I
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  Speaker 2: think this is a little bit of a bone headed bill.
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  Speaker 2: Some of it's good, some of the releasing and removing
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  Speaker 2: of permitting and so forth is very important. But what's
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  Speaker 2: the biggest issue it's affordability. What's that all about. It's
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  Speaker 2: mortgage rates. Mortgage rates are too high. The Fed needs
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  Speaker 2: to lower rates. And Mark just ask yourself what impact
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  Speaker 2: does raising or lowering the FED rate have on oil prices?
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  Speaker 2: The answer is zero. So oil prices are high obviously
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  Speaker 2: because of the war. They've gone up a fair amount
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  Speaker 2: thirty percent or more. And yes, that's going to feed
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  Speaker 2: into all kinds of products, petrochemicals, plastics, fertilizers, et cetera.
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  Speaker 2: Does it have anything to do with interest rates that
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  Speaker 2: the Feder setting, No, it has none. So you know,
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  Speaker 2: usually the Canesiine approach is the raise interest rates to
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  Speaker 2: damp and demand. No one's going to drive less or
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  Speaker 2: consume less plastics because the FED lowers interest rates. That
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  Speaker 2: is a fact. So you know, I think the two
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  Speaker 2: issues are totally separate. I think the Fed should acknowledge that.
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  Speaker 2: I hope they do, and they set the stage for
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  Speaker 2: lower interest rates as the year goes on, because we
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  Speaker 2: do have a pretty sluggish employment market right now. There
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  Speaker 2: is their dual mandate. As you well know, they're supposed
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  Speaker 2: to be watching the jobs market and inflation. And you know,
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  Speaker 2: what we really need to do is to get Kevin
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  Speaker 2: worsh in there as head of the FED. It's not
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  Speaker 2: a guarantee that he's going to lead the FED and
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  Speaker 2: lowering rates, but it's sure a pretty good bet that
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  Speaker 2: Jay Powell isn't going to do that. And we have
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  Speaker 2: this absurd to me situation where Janine Piro, who I
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  Speaker 2: like and admire very much, is hanging on to what
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  Speaker 2: I think is a completely flimsy and inconsequential pursuit of J.
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  Speaker 2: Powell is supposedly having mismanaged or possibly even crookedly managed
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  Speaker 2: the building of the FED headquarters. For heaven's sakes, get
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  Speaker 2: rid of this, get rid of it, get rid of
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  Speaker 2: Tom Tillis's objection to getting the Kevin worst nomination through,
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  Speaker 2: and let's start over with a new, better, more efficient,
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  Speaker 2: and more up to date Federal Reserve, which is what
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  Speaker 2: has to happen. Well, J Powell, long Rune, Yeah, apologies.
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  Speaker 1: J Powell. Building a new FED building for what should
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  Speaker 1: have cost six hundred million ended up costing three billions
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  Speaker 1: of definite definite mismanagement there. But you're right, Yeah, court
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  Speaker 1: case is.
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  Speaker 2: Going to go a criminal. No, he's not a criminal.
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  Speaker 2: I mean I think he's an ineffectual FED chair and
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  Speaker 2: obviously a very ineffectual overseer of a construction project. But
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  Speaker 2: if every construction manager in Washington, DC who oversaw a
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  Speaker 2: cost overrun went to jail, you know, the streets would
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  Speaker 2: be a lot lighter. Let's just say that.
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  Speaker 1: Yeah, but you know, you can't manage the construction of
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  Speaker 1: a building if you're that unaware, if you're that bumbling,
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  Speaker 1: why should you manage the American economy?
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  Speaker 2: Yeah? Okay, so let's get rid of him. And the
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  Speaker 2: only way we're going to get rid of him is
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  Speaker 2: by replacing him. And we can't replace him now because
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  Speaker 2: we have, you know, a Republican supposedly Republican senator who's
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  Speaker 2: saying he won't further the nomination unless they drop these charges.
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  Speaker 2: So this is sort of easy in my head. We
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  Speaker 2: want Jay Powell out, get rid of this.
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  Speaker 1: Yeah, when would we get a new FED chairman? As
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  Speaker 1: it may that federman? And yes, we get a new
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  Speaker 1: FED chairman. J Powell can stay on the FED board, correct.
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  Speaker 2: He can for I think it's two and a half
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  Speaker 2: more years after that. Oh okay, well, I mean the
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  Speaker 2: question is will he do that. I'm not sure that
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  Speaker 2: he will. It is not very I mean this is
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  Speaker 2: true in corporate world too. It's not very much fun
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  Speaker 2: to see the top role and then hang around to
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  Speaker 2: sort of see what happens next. That, generally speaking, is
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  Speaker 2: not a recipe for success.
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  Speaker 1: Yeah, the Save Act, it makes perfect sense to everybody
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  Speaker 1: in America. You got to show your driver's license, your
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  Speaker 1: photo ID to vote. You got to do that to
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  Speaker 1: enter any building in Manhattan. You got to show that
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  Speaker 1: to buy prescriptions for a million things. So what do
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  Speaker 1: you think will it ever you have to do it.
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  Speaker 2: To shovel snow under mayor Mom, Donnie? I have two
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  Speaker 2: means of identification mark no.
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  Speaker 1: One.
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  Speaker 2: I also think very few people are challenging. Certainly nobody
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  Speaker 2: on the right is challenging the need for voter ID.
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  Speaker 2: The problem now is they sort of gunked up this
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  Speaker 2: bill with issues that they knew that Democrats were going
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  Speaker 2: to have a hard time voting for, like transgender you know,
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  Speaker 2: letting boys play in girls' sports and all these things.
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  Speaker 2: I agree with everything in the bill, but my view
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  Speaker 2: is that they should have I think they should jump
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  Speaker 2: the whole thing and have a one issue bill on
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  Speaker 2: the floor. The one issue is voter ID make Democrats
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  Speaker 2: vote against something that eighty plus percent of the country applauds.
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  Speaker 2: And I really think that is the way to pass
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  Speaker 2: this And frankly, the Republicans in Congress need a few
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  Speaker 2: wins right now. They need to actually pass some things
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  Speaker 2: to have the President sign it. And let's have voter
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  Speaker 2: ID and if you want to complicate it a little
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  Speaker 2: bit by having the registration a proof of citizenship, I
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  Speaker 2: applaud that as well. I know Democrats have all kinds
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  Speaker 2: of objections to that. Dick Blumenthal just came out and
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  Speaker 2: said he didn't know where his birth certificate was, and
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  Speaker 2: I tweeted back that if he doesn't know where his
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  Speaker 2: passport is, then he's really got a cognitive problem. But
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  Speaker 2: you know, I think there we could have this bill simpler,
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  Speaker 2: better and again make it clear to the American public
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  Speaker 2: what's in it. Now you've got all this other stuff,
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  Speaker 2: and I think that was a huge mistake.
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  Speaker 1: Yeah, you know, a while back, I wasn't sure where
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  Speaker 1: my birth certificate was and I went online and there's
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  Speaker 1: about ten thousand sites that you can go to that
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  Speaker 1: will get you over you get a copy, get a
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  Speaker 1: replacement birth certificate in two weeks. It's easy to do so, Hey,
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  Speaker 1: this Joe Kent, this counter terrorism whatever he is, who
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  Speaker 1: quit and protest? How long before we see him as
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  Speaker 1: a host on MSNBC or CNN.
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  Speaker 2: Ah, probably that could happen, although he is I think
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  Speaker 2: emerging as a bit of a wing nut. And what
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  Speaker 2: I mean by that is he's really on the far
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  Speaker 2: reaches of this sort of Israeli conspiracy plus anti Semitism,
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  Speaker 2: right in league with people like Tucker Carlson, Megan Kelly
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  Speaker 2: and so forth who think this whole war is about Israel.
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  Speaker 2: And I have to say, Mark, of all the presidents
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  Speaker 2: we've had in recent times, or even political leaders, the
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  Speaker 2: idea that Donald Trump is being led by the nose
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  Speaker 2: by a foreign ally Benjamin Netanyahu, is so ludicrous to me.
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  Speaker 2: I don't know anybody who is more self determined, let
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  Speaker 2: us say, than Donald Trump, right, I mean, and completely
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  Speaker 2: does what he wants to do when he wants to
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  Speaker 2: do it, et cetera. Joe Kent, yes, is now a
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  Speaker 2: darling of the left because he's come out critical of
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  Speaker 2: the war. But you know, look at what he said
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  Speaker 2: in interviews just two years ago about Iran being a
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  Speaker 2: major threat to this country. It's really almost impossible for
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  Speaker 2: me to believe. By the way, a couple of years
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  Speaker 2: ago he was talking about maybe running for office. I
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  Speaker 2: have to think some of this is maybe in preparation
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  Speaker 2: for some attempt to run for office. I don't know, obviously,
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  Speaker 2: I don't know, but I think it's incredibly phony baloney.
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  Speaker 2: And you know that's the kind of heroes the left
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  Speaker 2: have right now.
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  Speaker 1: Yeah, very interesting. Well, everybody read Liz Peak's columns, watch
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  Speaker 1: her on TV, and go to her website and make
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  Speaker 1: sure you sign up get the daily news briefings every
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  Speaker 1: it's very good stuff. You go to lizpeak dot com,
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  Speaker 1: lizpeak dot com, This Peak. Thanks for being with us.
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  Speaker 2: Thank you for having me. Mark, take care.
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  Speaker 1: All right, talk to you soon. Hey, don't forget Buck
• 9:07
  Speaker 1: and Clay Noon Today, boy. They do a great show
• 9:09
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• 9:12
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• 9:14
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• 9:18
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• 9:22
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