Reaction & Commentary
CONGRESSMAN, YOU’RE CALLING OUT THE DRUG PRICING PROPOSAL IN THE BILL SAYING IT COULD COST PATIENTS THEIR LIVES AND STEVE MOORE DID A WORK, STUDY ON THIS BUT TELL US MORE ABOUT THAT. >> FIRST OF ALL, WHAT DEMOCRATS HAVE DONE HARM. I WAS THE ONE ON THE OTHER SIDE
OF THE COUNTER WHO HAD TO TELL THE PATIENTS HOW MANY THEIR MEDICINES WAS GOING TO BE. I WATCHED SENIOR CITIZENS THAT MADE DECISION PAYING FIR MEDICINE OR GROCERY. I SAW MOTHER IN TEARS WHO COULDN’T AFFORD ANTIBIOTIC FOR A CHILD. I WANT TO BRING PRESCRIPTION PRICES DOWN BUT THIS IS NOT THE
WAY TO DO IT. IT WILL KILL RESEARCHING AND DEVELOPMENT AND OVER 40 YEARS OF PRACTICING MEDICINE I HAVE SEEN NOTHING SHORT OF MIRACLES AS A RESULT OF RESEARCHING AND DEVELOPMENT. WE CANNOT AFFORD TO LOSE THIS HOPE, THAT HOPE OF HAVING CURES FOR ALS, FOR CANCER, FOR ALZHEIMER’S, WE’VE GOT TO HAVE
THAT BUT THIS BILL, IT’S GOING TO RESULT IN FEWER CURES BECAUSE WE ARE NOT GOING TO HAVE THE RESEARCHING AND DEVELOPMENT THAT WE NEED IN ORDER TO HAVE INNOVATION. DAGEN: JP MORGAN, CEO JAMIE DIMON INSISTING THAT BOOSTING NATURAL GAS PRODUCTION IN THE UNITED STATES IS NOT AT ODDS WITH CLIMATE GOALS.
DURING RECENT CLIENT CALL, DIMON SAID THIS, QUOTE, WHY CAN’T WE GET IT THROUGH OUR THICK SKULLS THAT IF YOU WANT TO SOLVE CLIMATE CHANGE IT’S NOT AGAINST CLIMATE CHANGE FOR AMERICA TO BOOST MORE OIL AND GAS, MEANING NATURAL GAS. CONGRESSMAN, IT SEEMS LOGICAL BUT IT FLIES IN THE FACE OF
WHAT, WELL, HE’S A DEMOCRAT BUT WHAT THE LEFT PREACHES. >> HE’S ABSOLUTELY RIGHT, THOUGH, WE’VE GOT TO USE NATURAL GAS. LOOK AT WHAT WE’VE DONE IN THE UNITED STATES OF AMERICA OVER THE LAST DECADE. WE HAVE DECREASED OUR CARBON EMISSIONS MORE THAN THE NEXT 12 COUNTRIES COMBINED WHILE GROWING OUR ECONOMY.
IT CAN BE DONE AND PART OF THE REASON WE’VE BEEN ABLE TO DO THAT HAS BEEN NATURAL GAS AND NATURAL GAS HERE IS 47% CLEANER THAN THAT IN RUSSIA. WE’VE GOT TO BE ABLE TO EXPORT THAT NATURAL GAS, THIS IS WHAT THE DEVELOPING COUNTRIES, THIS IS WHAT THEY SHOULD BE DOING.
WE’VE GOT TO HAVE INNOVATION IN THIS COUNTRY. WITH THE DEMOCRATS, THEY THINK IF IT’S NOT WIND AND SOLAR, IT’S NO GOOD. WELL, THAT’S TOTALLY WRONG. WE HAVE TO UTILIZE NUCLEAR AND WE HAVE TO UTILIZE FOSSIL FUELS AND THEY’VE GOTTEN SO MUCH CLEANER AS A RESULT OF INNOVATION BY THE PRIVATE SECTOR.
IF WE WOULD GET OUT OF THE WAY AND LET THEM DO WHAT THE MARKET DICTATES, THEN I CAN ASSURE YOU, WE WOULD BE ABLE TO EXPORT CLEAN ENERGY. DAGEN: LIZ PEEK, JUMP IN HERE. WE WOULD PROBABLY BE PRODUCING BASED ON SOME ESTIMATES 3 MILLION MORE BARRELS A DAY AS
A NATION IF NOT FOR JOE BIDEN’S POLICY OR HOSTILITY TOWARD OUR ENERGY SECTOR PARTICULARLY OIL PRODUCING-COMPANIES IN THAT PART OF THE COUNTRY BUT ALSO AND NOW YOU’VE GOT BILLIONS UPON BILLIONS UPON BILLIONS GOING TO BUY ELETRIC GARBAGE TRUCKS IN THIS COUNTRY. >> YEAH, I THINK IT’S A LITTLE BIT LIKE THE IMMIGRATION
SCANDAL, DAGEN, IN THE SENSE THAT THE REAL COST OF ALL OF THIS IS BEING HIDDEN FROM AMERICAN CONSUMERS. CONGRESSMAN, I THINK THE REAL CHALLENGE FOR THE REPUBLICAN PARTY IS TO GET OUT AND EXPLAIN TO PEOPLE THAT RENEWABLE ENERGY MANDATES LIKE IN CALIFORNIA AND THOSE LED TO 80% HIGHER ELECTRICITY CHARGE IN CALIFORNIA
THAN THE REST OF THE NATION, THAT IS WHAT BIDEN WANTS TO SPREAD NATIONWIDE. WHEN YOU BRING IT DOWN TO POCKET-BOOK ISSUES AND TALK ABOUT SUBSIDIES AND HOW TAXPAYER WILLS HAVE TO BAIL OUT THIS PUSH TO RENEWABLE ENERGY, THAT’S WHAT’S GOING TO MAKE A DIFFERENCE TO VOTERS AND WE NEED
TO HAVE THE FACTS, THE FACTS ARE ON OUR SIDE BUT WE HAVE TO COUNTER THIS INCREDIBLE PROPAGANDA FROM THE GREEN LOBBY AND I HOPE YOU CAN DO THAT. >> WELL, I CERTAINLY WE CAN TOO BUT WE NEED TO BUT YOU’RE RIGHT, IT’S A MATTER OF ARTICULATING THAT WE PRODUCE CLEAN ENERGY
HERE IN AMERICA. LOOK, IF AMERICA AND EUROPE WERE TO GO TO NET ZERO EMISSIONS, WE STILL WOULDN’T SOLVE THE GLOBAL PROBLEM, THAT’S WHAT THE DEMOCRATS DON’T REALIZE, IT’S CHINA AND INDIA AND THE DEVELOPING COUNTRIES THAT HAVE — THAT ARE ADDING THE MOST TO CARBON EMISSIONS AND THEY HAVE
ADMITTED THAT THEY ARE GOING TO CONTINUE TO USE THE CHEAPEST, THE MOST RELIABLE ENERGY OUT THERE WHETHER IT’D BE COAL OR WHATEVER. THEY DON’T CARE, THEY JUST WANT TO GROW. WELL, IF WE CAN HELP THEM IN THE UNITED STATES BY EXPORTING INNOVATION THAT WILL HELP THEM GROW WHILE STILL BEING CLEANER
THEN WE WILL SOLVE THIS PROBLEM. DAGEN: I WAS WATCHING, THERE WAS A SEGMENT IN RECENT DAYS OF CBS THIS MORNING, OR CBS MORNING AND IT WAS INVOLVING WHY CHILDREN ARE HEAVIER AND ARE NOT OUTSIDE AND IN AS PART OF THE SEGMENT, THEY BLAMED CLIMATE CHANGE FOR CHILDREN NOT BEING ACTIVE IN
PART THEY DID MENTION THE VIDEO GAMES AND TELEVISION, SMARTPHONES AND TABLETS BUT CLIMATE CHANGE BECAUSE IT’S HOT? WELL, IT’S AUGUST. >> YOU KNOW, THEY BLAME CLIMATE CHANGE FOR EVERYTHING. IF YOU’VE GOT A PROBLEM, IT’S BECAUSE OF CLIMATE CHANGE. THAT’S RIDICULOUS. LOOK, I BELIEVE IN CLIMATE CHANGE AND I BELIEVE WE NEED TO
ADDRESS IT AND, YES, DOES HAVE SOME OF AN IMPACT ON IT AND I BELIEVE IT’S CYCLICAL BUT WE NEED TO BE RESPONSIBLE AND WE HAVE BEEN RESPONSIBLE IN THE UNITED STATES AND WE WILL CONTINUE TO BE RESPONSIBLE BUT WE’VE GOT TO HAVE AN ALL OF THE ABOVE TYPE STRATEGY WHERE WE
UTILIZE AND UNLEASH OUR AMERICAN ENERGY POTENTIAL HERE. IT’S IMPORTANT TO OUR NATIONAL SECURITY. IT’S IMPORTANT TO THE WORLD. DAGEN: INDEED, INSTEAD WE ARE BEGGING SAUDI ARABIA AND NOW ESSENTIALLY IRAN TO PUMP MORE OIL WHEN WE ARE GOING TO WAR WITH — WE ARE AT WAR WITH OURSELVES RATHER THAN, YOU KNOW,
STANDING UP TO A TERRORIST NATION.
