TRANSCRIPTEnglish

BREAKING: Biden "Receptive" to Quitting | TRANSITION BEGINS

17m 33s2,922 words418 segmentsEnglish

FULL TRANSCRIPT

0:00

holy smokes I was just exporting this

0:01

video and then another headline comes

0:04

across this is now breaking Biden is now

0:09

being deemed a quote and this is per CNN

0:11

so so I know a lot of you don't like CNN

0:14

but it's slamming Biden okay that's rare

0:17

he's being receptive oh my gosh he's

0:20

been stubborn all weekend in fact in

0:22

this video we'll talk more about how

0:23

freaking stubborn this guy is and I

0:26

understand he's been that way his whole

0:27

career

0:28

but look

0:30

okay sorry I had to do that no no no

0:32

listen listen uh let's take a look at

0:33

this the private conversations with the

0:35

Hiller continuing a senior Democratic

0:37

adviser told CNN speaking on a condition

0:39

of anonity anonymity gosh I'm so bad at

0:42

that word to avoid alienating the

0:44

campaign in the white house he's being

0:46

receptive not as defiant as he is

0:49

publicly duh cuz you got to keep the try

0:50

to get the Biden bucks coming in he's

0:53

gone from saying kamla can't win to do

0:56

you think kamla can win the advisor said

1:00

it's still unclear where he's going to

1:02

land but uh he seems to be listening

1:06

this is a huge a flip and I'm so

1:09

grateful that right before exporting

1:11

this video actually I had to cancel the

1:13

export to add this in but that's okay it

1:15

takes a couple extra minutes but it's

1:16

it's worth it because this this just

1:18

came out minutes ago and it is it just

1:20

reiterates everything else that you're

1:22

about to hear let's go the calls for Joe

1:24

Biden to drop out are increasing and now

1:27

with Adam Schiff Nancy Pelosi and and

1:29

apparently Chuck Schumer getting

1:32

together and is trying to figure out how

1:35

to pressure Joe Biden out this is a

1:38

story we've heard before in fact we've

1:40

been hearing it probably for well since

1:42

debate night now that oh Joe Biden's

1:45

going to step down any day now but Joe

1:47

Biden keeps kicking the can down the

1:49

road mostly because he says absent an

1:52

act of God he is not stepping out which

1:55

is fine but he's later come out to

1:58

suggest well you know if somebody showed

2:00

me polling that suggested I was losing

2:03

and another candidate would do better I

2:06

might consider stepping out well Joe

2:09

Biden maybe and probably not but maybe I

2:13

could be the first one to suggest that

2:16

your polling isn't doing so hot right

2:19

now the real clear politics poll average

2:22

which averages together all the polls

2:25

puts Donald Trump at a 2.7%

2:30

point lead over Biden this is one of the

2:32

largest leads we've seen uh since about

2:35

December of 2023 you could see that

2:38

spread here and how it really spread uh

2:41

following the debate so the polling data

2:43

is starting to reflect changes in

2:46

sentiment now according to axios

2:50

65% of Democrats want Joe Biden to step

2:54

down I'll show you that screenshot right

2:57

here among Democrats black and older

3:00

adults are more likely to support Biden

3:03

however out of Democrats overall 65% say

3:07

Joe Biden quote should withdraw and

3:09

allow his party to select a different

3:11

candidate 35% say he should continue

3:15

running for president and I would argue

3:17

that nearly 100% of Republicans argue

3:20

that Joe Biden should continue to run

3:24

mostly because they believe Joe Biden

3:26

will be a slam dunk to beat if he days

3:30

in the race and they're probably not

3:33

wrong though today we have had the odds

3:37

of comma Harris being the Democratic

3:40

nominee on predicted once again flip to

3:44

top Joe Biden as you can see here

3:48

Biden's aunts have collapsed and

3:50

Harris's onds have really started to

3:52

pick up and it's all really started

3:54

thanks to the information we've gotten

3:56

this weekend including Adam shift call

4:00

for Joe Biden to step down and pass the

4:04

torch Adam Schiff is of course the

4:07

Democratic senator from California who

4:09

actually promoted his Republican

4:12

opponent he used campaign money to

4:15

promote his Republican opponent to

4:18

prevent Katie Porter another Democrat

4:21

from being able to pull on the ticket so

4:23

he could face off against the Republican

4:25

and beat the Republican in California

4:28

kind of a little bit of a sleazy tactic

4:31

there but obviously it ended up working

4:33

for Adam Schiff now Adam Schiff has

4:35

stated the following quote the choice to

4:38

withdraw from the campaign is President

4:41

Biden's alone a second Trump presidency

4:43

will undermine the very Foundation of

4:45

our democracy and I have serious

4:47

concerns about whether the president can

4:49

defeat Donald Trump in November now

4:53

these serious concerns were underscored

4:56

by the following statement which was

4:58

reported by the New York times take a

5:00

look at this paragraph I think if he is

5:04

our nominee this is referring to Joe

5:06

Biden so this is a kind of a let's just

5:09

say a little bit of a a Slammy dud La I

5:12

think if he is our nominee I think we

5:15

lose shiff said during a meeting and we

5:18

may very well lose the Senate and our

5:21

and lose our chance to take back the

5:23

House of Representatives so you've

5:26

really got this undercurrent now this by

5:28

the way came from a fundraiser that uh

5:32

Adam Schiff was holding in the Hamptons

5:34

and these fundraisers are really

5:36

important because this is where you're

5:37

going to be able to hear the concerns of

5:40

donors and donors really matter

5:42

fundraising really matters it's how you

5:45

drive a candidate out of office consider

5:48

the latest feec report that's the

5:51

federal elections commission report as

5:53

reported by Politico they reported that

5:55

in the second quarter of the Year ending

5:57

June 30th the Biden Victory fund raised

6:00

$176 million which is great $40 million

6:04

of that came from small donors and they

6:07

spent about 48 million on fundraising

6:09

efforts so they basically spent their

6:11

small donor money on setting up the

6:13

fundraisers and then they could use the

6:15

rest for ads or

6:16

whatever however now they're reporting

6:19

that Grassroots campaigns are faltering

6:23

and projections are now showing quote

6:26

massive revisions downward for the month

6:28

after the debate and donations for $2200

6:32

and under have quote slowed

6:35

significantly after the debate this is

6:38

really bad for Joe Biden so now you're

6:41

getting Adam Schiff of California deemed

6:43

to be a pretty popular voice in the

6:45

Democratic party slamming Biden to step

6:48

out suggesting he's basically going to

6:50

give us a trump presidency which is

6:52

again why Republicans want Biden to stay

6:54

in because they want a trump presidency

6:57

uh and there are also a lot of Democrats

6:58

mind you who are like anybody but Biden

7:01

please now I I know a lot of people

7:03

think like okay here's just Kevin

7:05

bagging on Joe Biden again but I'd like

7:08

to give you an example of what makes me

7:10

very nervous when it comes to Joe Biden

7:13

uh and and it's it's not you know a clip

7:16

out of context or whatever you know

7:18

that's always that's always what you

7:19

know people say like oh well they're

7:21

just clipping Biden out of context you

7:23

know yeah you can clip Trump out of

7:25

context too no no no no Joe Biden has

7:29

himself self out of his own mouth

7:31

mentioned before that the Nationwide

7:34

rent control policy that the White House

7:36

wants to adopt will be a 5% rent limit

7:40

from corporate landlords 5% rent

7:42

increases per year presumably you know

7:45

adjusted for CPI so this would have

7:47

helped tenants during covid but it

7:49

really does nothing today in fact the

7:52

odds of somebody actually needing to

7:54

raise rents over 5% per year I think are

7:57

very very low unless a landlord just

7:58

didn't raise r for 10 years and and then

8:00

quite frankly that's on them so first of

8:02

all just on a policy side I don't

8:04

actually think that 5% limit really does

8:06

anything but Biden's been cheering that

8:08

and he's mentioned it himself he's

8:09

cheered it himself and so this is why I

8:12

thought it was really weird when uh

8:14

Biden spoke at the

8:16

NAACP which he mispronounced at least

8:19

once and mispronounced some other things

8:21

as well but whatever we don't have to go

8:22

there it's okay I guess uh Joe Biden

8:26

mentioned the following about his rent

8:28

control policy and what I want you to

8:30

pay attention to is him squinting to

8:32

read the teleprompter and if you already

8:35

know that the rent control policy is a

8:38

5% rent cap limit uh for increases then

8:42

you should be able to correct the

8:44

teleprompter if it's wrong because you

8:46

use logic you can use your memory and

8:49

your brain power to correct that issue

8:52

this isn't like you you you didn't have

8:54

any time to think about it because you

8:57

can clearly see Joe Biden squinting

9:01

trying to understand what the

9:02

teleprompter says so you know he's

9:05

reaching into the faculties of his brain

9:07

to get an answer his his memory and

9:09

logic should serve him that answer to

9:12

help solve what the teleprompter says

9:14

but it once again fails and this is what

9:17

concerns me about having Joe Biden as a

9:19

president listen in further look folks

9:22

the idea the idea that corporate owned

9:25

housing is able to raise your rent 3 400

9:29

bucks a month or something under what

9:31

I'm about to announce they can't raise

9:33

it more

9:35

than

9:41

$505 that debate is taking

9:46

place it you like I played enough before

9:50

I played enough after to show you

9:51

there's no there's no correcting here

9:54

it's 3 hours 28 minutes and 29 seconds

9:57

in if you want to see yourself live from

9:59

the 115th NAACP National

10:02

Convention and it just really shows you

10:05

that he's not fit to be a leader look we

10:08

know he's old like I don't want to be

10:10

the person that just puts Biden on

10:12

screen and complains about how slowly

10:15

he's walking up the stairs he he's an

10:18

old guy okay like that's understandable

10:21

that's fine but when it comes to the

10:23

mental capacities I really get

10:26

nervous about the capability of a

10:29

president to lead in the face of

10:31

aggressive leaders around the world it

10:35

makes me very scared anyway this is Joe

10:37

Biden who cancelled his event in Vegas

10:40

because he now has covid again which is

10:43

really kind of interesting timing

10:45

because it was just a few hours ago that

10:47

Joe Biden said that he would drop out uh

10:51

if uh uh there was a medical condition

10:54

that made that necessary and then it's

10:57

sort of just like magically 2 hours

10:58

later he has Co no we don't actually

11:01

think he's going to drop out because he

11:02

has Co but uh this was just something

11:04

that he said in an interview released

11:06

today the New York Times reported this

11:08

this this uh quote today on an interview

11:11

released today they do mention that Dr

11:14

Kevin OK Conor has said that Biden is

11:15

fit uh to be president however it's

11:18

worth remembering that Dr ok' Conor has

11:20

been associated with business ventures

11:21

of the Biden family so a lot of folks go

11:24

and say Hey Kevin oconor is like totally

11:27

biased you you can't can't rely on him

11:29

he wants to keep his job in the white

11:31

house he's been politically intertwin or

11:33

uh business intertwined with businesses

11:35

and the Biden family previously so how

11:37

could you rely on that Dr Kevin oconor

11:40

has even been called on by uh Congress

11:42

uh and subpoena by Congress to to

11:45

essentially speak to how he could

11:47

possibly judge the fitness of Biden if

11:50

he has business connections to

11:53

Biden so uh Joe Biden himself says uh

11:57

you know unless people come back and say

11:59

there's no way you can win and prove it

12:01

with polling Biden wants to stay in so

12:03

we know he's being defiant but he's also

12:06

being kind of mean now uh per the puck

12:10

via Zero Hedge there was a zoom call

12:13

before the Trump shooting this Saturday

12:16

and the feedback that was given was the

12:18

following quote the call was even worse

12:20

than the debate one of the participants

12:22

told me this is to the reporter at Puck

12:24

he was rambling he'd start an answer and

12:27

then lose his train of thought we've

12:28

seen that before then would just say

12:34

whatever he couldn't really complete an

12:36

answer I lost a ton of respect for him

12:39

Joe Biden also slammed Jason Crow who's

12:41

a representative uh in Congress in the

12:44

house and uh he mentions to Crow who's

12:48

an army veteran served three tours tell

12:51

me something you've never done with your

12:55

bronze star like my son and this is a

12:58

reference to uh Biden bow who died uh

13:02

due to a brain tumor which some have

13:05

Associated to his exposure uh on

13:09

Military deployments in Kosovo so it's

13:12

kind of getting really personal now

13:14

discrediting other people's uh you know

13:17

efforts in the

13:19

military all right well then you have

13:22

Nancy Pelosi apparently who has been on

13:25

the phone with members of Congress who

13:27

according to and I I Love Actually using

13:29

the New York Times here as a source

13:30

because they hate Trump remember the the

13:32

day after the Trump shooting they had

13:34

already printed the newspapers and they

13:36

had a big OP ED about how Trump is bad

13:39

for the country and shouldn't run anyway

13:42

when the New York Times says something

13:44

bad about Democrats it's probably right

13:47

but anyway Nancy Pelosi has apparently

13:49

been on the phone with members of

13:51

Congress who apparently suggest that

13:54

Nancy Pelosi is giving the impression

13:56

that she believes Biden should exit the

13:58

race she's basically being seen as

14:01

playing 3D chess yeah they said 3D chess

14:03

instead of 4D chess and has been

14:04

considered one of the top proponents uh

14:07

for replacing Biden or or for basically

14:11

you know advocating for replacing Biden

14:14

but behind the scenes so she's been less

14:16

public although she did mention herself

14:19

publicly that hey you know if if this is

14:21

an episode fine but if this is a

14:23

condition maybe he's got to go so she

14:25

was willing to say that publicly and

14:28

honestly good for Pelosi so anyway it

14:31

seems like right now the pressure

14:34

continues to mount on Joe Biden he's not

14:37

out yet he does have Co right now in

14:40

medical condition has been planted the

14:42

seed has sort of been planted but uh you

14:45

know some are saying he's been lashing

14:47

out on phone calls from people who call

14:49

on him to step down Schumer's office

14:52

responded to uh comments that Schumer

14:55

suggested maybe uh Biden should step

14:57

down and Schumer's office suggest hey

15:00

now we made the forceful case that maybe

15:02

Biden should step down but uh uh you

15:05

know unless you hear uh something from

15:08

us just consider it speculation but we

15:11

did uh Express the concerns that people

15:14

are having and uh we are engaging in an

15:17

ongoing discussion so to me that kind of

15:20

came across as like hey don't listen to

15:22

any speculation only listen to us and

15:25

we're telling you yes we too are

15:27

concerned about Biden

15:29

so the pressure is getting louder and

15:32

heavier as the days go on obviously it's

15:35

taking longer and longer for Joe Biden

15:39

to actually take the hint that he should

15:42

step down but with that said here's your

15:45

complete update B is now going to

15:47

Delaware and cancelling his events uh

15:49

because he has covid we'll see what

15:52

doctors seem to think uh at the same

15:54

time there's also this belief that we

15:56

might end up pushing back the

15:57

nominations the virtual roll call that

16:00

is currently planned for early August uh

16:03

there is an August 7th Ohio deadline

16:05

that they wanted to meet via a virtual

16:07

roll call and Hing Jeff and Chuck

16:11

Schumer are trying to delay that by

16:13

about a week so they have more time to

16:15

pressure Biden to step down and pick a

16:17

replacement nominee which again the

16:20

betting odds expect will be kamla Harris

16:23

anyway thank you so much for watching

16:25

subscribe if you found this helpful and

16:27

we'll see you in the next one goodbye

16:29

and good luck ad these things that you

16:32

told us here I feel like nobody else

16:33

knows about this we'll we'll try a

16:34

little advertising and see how it goes

16:36

congratulations man you have done so

16:38

much people love you people look up to

16:39

you Kevin PA there financial analyst and

16:42

YouTuber meet Kevin always great to get

16:44

your

16:45

take even though I'm a licensed

16:47

financial adviser licensed real estate

16:48

broker and becoming a stock broker this

16:49

video is not personalized advice for you

16:51

it is not tax legal or otherwise

16:53

personalized advice tailored to you this

16:54

video provides generalized perspective

16:56

information and commentary any third

16:57

party content I show shall not be deemed

17:00

endorsed by me this video is not and

17:01

shall never be deemed reasonably

17:03

sufficient information for the purposes

17:04

of evaluating a security or investment

17:06

decision any links or promoted products

17:08

are either paid affiliations or products

17:09

or Services we may benefit from I also

17:11

personally operate an actively managed

17:13

ETF I may personally hold or otherwise

17:15

hold long or short positions in various

17:17

Securities potentially including those

17:19

mentioned in this video however I have

17:21

no relationship to any issuer other than

17:22

house act nor am I presently acting as a

17:24

market maker make sure if you're

17:26

considering investing in house act to

17:27

always read the PPM at house.com

UNLOCK MORE

Sign up free to access premium features

INTERACTIVE VIEWER

Watch the video with synced subtitles, adjustable overlay, and full playback control.

SIGN UP FREE TO UNLOCK

AI SUMMARY

Get an instant AI-generated summary of the video content, key points, and takeaways.

SIGN UP FREE TO UNLOCK

TRANSLATE

Translate the transcript to 100+ languages with one click. Download in any format.

SIGN UP FREE TO UNLOCK

MIND MAP

Visualize the transcript as an interactive mind map. Understand structure at a glance.

SIGN UP FREE TO UNLOCK

CHAT WITH TRANSCRIPT

Ask questions about the video content. Get answers powered by AI directly from the transcript.

SIGN UP FREE TO UNLOCK

GET MORE FROM YOUR TRANSCRIPTS

Sign up for free and unlock interactive viewer, AI summaries, translations, mind maps, and more. No credit card required.