Stay updated with breaking news from Spigots. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
coming on . you watch congress a long time. why would republicans why would mitch mcconnell, for example, go along with something like this? where your point that your word is right? i mean, because mcconnell's going along and this senate leadership is going along with the democrats, it is a betrayal of the house, the new house, the republican house, kevin mccarthy, leadership, presumably. and if this arenado bill is passed in the senate in a pride pass the house with democratic votes, what it needs is it won't give mccarthy and co. a chance to rewrite the budget ,to have different priorities, to cut spending where it's necessary to refund areas like the border, for example, which needs some additional funds for various things to cut taxes, to open up the spigots for oil and gas. it shuts all that off for almost a year. and why mcconnell is part of
shovel and shoveling coal, forin heaven's sakes. and here's a weirdg co thing.al for heaven sakes. here's a weird thingjamie dimonh on the economy? i think. jamie dimon is bearish on the economy. he's i'llno be right.ne o f thnoneis h ofad to ha thispp . okay, none of this had t noneo ha ofpd to happen if we had kept. if we had kept the spigots ope the spigots open forn, oil oi and gas productionl and gas pro the permitting and the fracking permitting an fracking and pipelining and the and the new refineries and the lng terminals new refineries. if we had kept, if we that op hy open the way trump kept trump kept it open, we'd open, bwe'd be producing 14,e 15 million barrels a day. producing 14, 15 million barrels a day, natural gasnatural gas w. woulngld exports be soaring. wouldlng be soaringex. perts l d bethe price of soari oilng. would be 40 the price of oil would be 40 do sean, vladimir putin cannoto $50-barrel. operate his crazy warsvladim atir putin c 40 toae his crazy wars at 40 to $50 a barrel. 50 dollars a barrel. whwhenen t they gethe to ay ge , that'st to 100, that's different for the future and th but if turnsp the spigots off, then youig gotots to oneof hundredf, then you go to 100 or 1, 25.
xi is reducing political freedom, and he's reducing market freedom. i think that's a big negative. i think that's one of the reasons that the oil markets are soft, at least temporarily. i also think oil and gas prices are soft because we've cut down so much of our strategic petroleum reserves, compromising both economic and national security going forward. i don't think that was a good move. and look, right now, you know, steve forbes talks about the fed trying to kill the economy. one thing we ought to do -- i will bet you 90% of the people in this country agree -- we should be opening up the spigots for oil and gas production right now. we should have an hr1, and an s1, that gives permitting, gives pipelining, gives refining, that would be a job creator. that would increase supplies of scarce food, energy shortages around the country, create more jobs. it would lower the inflation
things into your life. there is one on worship. they each have a topic that i chose. they are short. >> martha: bring it to your family thanksgiving and read it to everyone. >> bill: i will need a few more copies. >> harris: tell everybody i say hi. thank you so much for doing this. >> bill: thank you. >> martha: great to see you. there are growing fears of escalation in vladimir putin's war after a missile strike hits poland. how should nato respond? the spigots are set to open at the order. a judge blocks a trump-era policy. how can the biden administration claim it is fixing or addressing this situation? >> we have removed or expelled more individuals from the united states than ever before.
you know, with this run-off coming, it will be interesting to see how much resources some of these parties are going to put into it considering control of the senate has been kind of decided. so really how much do they want to invest in this at this point. >> charles: no doubt the spigots will dry up a little bit. samantha, phil, thank you both very much. president biden's talks with china are over. but what about the threat of a new cold war? and biden's border chief now officially out. will that do anything to stop mass numbers of migrants who keep streaming in? >> we're not talking about the men and women of cdp that took and oath and dedicated to securing the boarder. now we're being distracted by rearranging the deck chairs on the titanic. estry i dug and dug until i found some information. i was able to find out more than just a name.
inflation that it's bad, we have to take a hard look at ourselves we. are contributing to. it >> david jolly don't agree with that? >> no i create the stuffy nose us and that there are two americas. i agree the other thing. >> the last point i make the, example prices, gas prices, so the been a financial hardship for them, according to example. 34% said it has not. the single theory that his best protected presidents parading are gas prices, and they just opened the spigots on the special reserve and drove those prices down 50 election. there's a person said that president biden is the most successful oil trader that i've ever met. and honestly stephanie, can't overlook that. ron klain has been stressing
we heard our credit card debt 1.1 trillion. that is up 19% since the free money went into effect. with this election, what it's about, is behind the scenes you have two ideologies. one that believes that america can pull itself up by the bootstraps and one that has given up on america. that one is losing. >> with regard to what larry said and turning on the spigots, it's a very -- that's a hard turn for the president who just two days ago was up on a stage saying that we're going to end all the drilling in this country. so, you know, i can't imagine politically how you sort of turn that corner and suddenly say, you know, this obviously isn't working. we're going to give it a shot. it could come through legislation. i know kevin mccarthy wants to make that a priority. how would that work? >> that's the point of the night. i think he's not going to to that without a fight. but if you do see the leadership coming from the republicans,
now in terms of how the bidens play this out we'll have to say. he made it very clear he doesn't want to drill. he wants to end coal. he does not have the authority to end coal plants, want to put that in there. there will be a battle. the house will put up bills, okay? whether deals can be made or what the senate composition will look like, i don't know. it is hard to say this morning. but again, we have a problem here. we have a recessionary economy, we have an inflationary economy. one of the key points to solving that would be to turn the spigots back on and end the war against fossil fuels. there is other stuff. stop the spending, which the house will do. no tax hikes, which the republican house will do. so those are good things. stop the bad stuff. getting good stuff, i don't know? you guys tell me. dana, what do you think? bill, what do you think? it will be divided government?
you would think the president would want to work with the house and senate to produce pro-growth legislation. unfortunately we haven't seen that yet. that would be the optimal. part of that pro-growth legislation would surely be to turn on the spigots, get supplies out there. >> bill: you make sense but i don't know if you'll get your wish under the administration. thanks for getting up with us today. >> dana: thanks for being on last night. >> the platoon is coming. [laughter] >> dana: you might be the first one to have said that. republican congressman lee zeldin fell short in unseat governor kathy hochul. a live report ahead. pennsylvania senate debate appears not to have hurt democrat john fetterman's chances of winning. he defeated dr. oz flipping the
on their pocketbook, most of the people, if there is a change at least in the house, maybe in the senate, is anything going to change for them in the next year? >> i think things will change. and first of all cutting off the spigots because again that 1.9 trillion they wanted it to be 3 or 4 or 5 trillion. it could have been a lot worse. the most recent credit card data came in yesterday. 1.1 trillion, all-time record. the low after the pandemic we started not using our credit cards was march of 2021. why that is such an important date. everything goes back to march of 2021 when the 1.9 trillion was passed. ever since that moment credit card debt went through the roof. inflation has gone up. ever since that day. they understand this. that when you give people money, i get a check of $1400 and go to