Markets, Mandates and Media Spin

The episode opens with a sharp critique of mainstream media narratives, particularly the New York Times and MSNBC, which the hosts argue falsely portray the U.S. economy as collapsing while China is supposedly surging. Economist Steve Moore counters this with data showing America’s stock market dominance, stronger business investment, and lower gas prices before the Iran conflict—claims he says the media will ignore when oil prices drop. He argues that Trump’s recent China summit, backed by a powerful entourage of American CEOs like Elon Musk and Tim Cook, signaled a decisive shift in global economic power. Moore predicts a major U.S. economic boom once Middle East tensions ease, and he celebrates the potential collapse of OPEC’s oil cartel, which he calls a decades-long stranglehold on American prosperity. He also highlights the massive wealth migration from high-tax blue states like New York and California to low-tax red states like Texas and Florida, where services are better and costs are lower. The conversation then pivots to the absurdity of the U.S. Postal Service’s $120 billion loss over 11 years, with calls to privatize mail delivery. Later, Miranda Devine delivers a blistering indictment of the Biden administration’s legacy, focusing on Hunter Biden’s financial hypocrisy—living lavishly despite claiming bankruptcy—while his father’s administration allegedly enriched him through corrupt deals. She also warns of a coordinated left-wing violence narrative being pushed by the mainstream media, contrasting it with the actual scale of left-wing riots in 2020. Finally, she recounts the terrifying White House Correspondents’ Dinner assassination attempt, emphasizing Trump’s calm demeanor under fire and the ongoing threat to his life from both domestic extremists and foreign actors like Iran’s IRGC.