Back to episode — Episode 3015 CWSA 11/11/25
Context —
versus Democrats in general, I think Republicans are a little more likely to talk about the policy, whereas Democrats are a little more likely to talk about bad character. Did Van do that? Did he treat the Republicans as if they have bad character? Yes, he treated them like they don't care if babies die. How about imaginary problems? Have you heard me talk about that a million times? That Democra…
← Previous segment →, right? I saw this in a post by the Patriot Oasis and Bessent answered that. He said, "Do you know what a swap line is?" Boom. And we're done. He could have stopped there. So they, MSNBC, characterized it as a bailout. And Bessent just looks at him and goes, "Do you know what a swap line is?" Now, I just told you that I have an MBA from a top school. I've got a degree in economics. I didn't know what a swap line was. How many of you know what a swap line is? Is there even one person here who could say, "Oh, a swap line." Yeah, a swap line is different from a bailout. Let me tell you the ways. I don't know. All I know is if somebody said that to me, I would stop the conversation immediately because I would recognize that they know a lot more than I do about whatever this is.
So after he goes, "Do you know what a swap line is?" The MSNBC host said, "It's a currency swap." Yes. And then Bessent doesn't let him or her off the hook. I don't know who it was. He goes, "But what is that? Why would you call it a bailout?" So instead of answering the question, he just puts it back. Why would you call that a bailout if you know what it is? That's a pretty good answer. If you know what it is, why would you call it a bailout? Ooh. Stick it in and turn it.
Then Bessent explains. He says, "In most bailouts, you don't make money. The US government made money. Apparently, we've already made money. The government's going to make money." That's a lot we could have been doing for America farmers if the Democrats hadn't closed the government. So then Bessent throws in the government closing just to get a little extra zing. Anyway, a swap line. Let me tell you what it is. It's basically I think what we do is swap some currency. So they get some dollars and we get some of their sketchy stuff. And there's something about the temporary swap that gives support to their currency. But because we're the ones who gave support to the currency, we can have some confidence that it will be supported because we just gave it some support. And that makes its value go up. And then when the country is sufficiently stabilized, the currency that we swapped for may have gone up in value, which I think is what happened or will happen. I don't know if that's a good description, but there's something about just temporarily trading currency, not all of it, just some of it that seems to stabilize the less stable country. Does that work? Well, I wouldn't have done it on my own, but if Scott Bessent tells me that's a good idea and it works, I'm going to believe it. He's pretty credible.
Speaking of credible, Mike Benz is educating us about how the university system is part of this big international network of people who are trying to behind our backs find clever ways to censor essentially right-wing, you know, conservatives. And so because it's illegal to censor people and stop their free speech in the United States, apparently the universities are a vital part of this big system which has evolved in which the schools are propagandizing people and working with international entities to coordinate global censorship. Now I wouldn't know any of that without Mike Benz. And I keep saying this, but I feel like I'm not saying it right. And I'm going to take another run at it. So if you've heard me say this, I'm just trying to say it better because if I say it better, it just becomes more powerful.
So here's what I want to say. I'm going to give you a little mental test or like a thought experiment. Are you ready? Somebody tells you that you're going to compete in some kind of an IQ test, but it could be an SAT or just some general intelligence test. And you walk into the room and you say to yourself, "Yeah, I'm pretty smart. I bet I could do all right in this IQ test." And you sit down to take the test and you look to your left and it's Victor Davis Hanson. He's also taking the test and you go, "Oh it's Victor Davis Hanson." Okay, I'm not going to beat him on the IQ test. But then you look to your right and it's Ben Shapiro. You're like, "God, I don't always agree with Ben Shapiro, but he's way smarter than me and he's taking the test. Well, maybe I could come in third." And then you look in front of you and there's Scott Bessent. You're like, "Oh, come on. Come on. How's this fair?" And you look behind you and it's Jordan Peterson when he's in full health. And you go, "Come on. Come on. How in the world did I get in this room?" And then you look over there and it's Thomas Massie. Oh come on. He went to MIT. Come on. Then you look over there and it's Mike Benz. And then you look over there and it's David Sacks. Do you feel that?
I have to give you a confession. When I was a young man, I was not conservative. I didn't identify as conservative. And the reason was it seemed embarrassing because I thought maybe the dumb people were all on one side. Has anybody had that feeling? Like a long time ago. It felt like the dumb people were the conservatives and all the really bright Ivy League people tended to be on the left and I didn't really want to be associated with the dumb people. Now I may have been right. I may have been wrong. I'm just telling you how I was thinking at that time. But when I put you in that room and I made you sit at that desk or imagine it and then I made you wonder how you would do if you were surrounded by some of the most notable conservatives. Now you may have also noted that I could have gone on for a long time. I could have continued mentioning people who were the most notable ones, the ones you see all the time. And I didn't even mention
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Elon Musk. Put Elon in the room, right? He gets to be in the room too. So we've got the smartest room that civilization has ever assembled. But at least the Democrats have a good set of people running against them, right? All right. I'm going to put you in another room. You ready? Room number two. Room number two. You go in for your IQ test. You sit down and you look to your left and there's AOC.…
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