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FULL SUMMARY: Republican Debate #3 SHOCKERS [Vivek, Desantis, Haley, Scott, Christie] Reaction

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FULL TRANSCRIPT

0:00

well the third Republican debate just

0:02

happened here's a breakdown of what was

0:04

said by each of the candidates we're

0:06

going to start with vake I'll provide

0:07

some factchecking and I'll provide a

0:09

little bit of commentary as well first

0:11

VI starts off really aggressive which

0:14

good for him because that's what gets

0:15

him attention especially on social media

0:17

probably doesn't help him get more

0:19

airtime on the show maybe some of those

0:21

attacks could be saved for later but his

0:23

attacks were popular 75% of the people

0:25

that I uh pulled were in support of what

0:27

he did and in the first night minutes of

0:30

the debate VI starts off hot goes in to

0:34

call Republicans and the existing

0:36

Republican party a party of losers that

0:38

ever since ra took over the Republican

0:41

National Convention they we have been a

0:43

or Republicans have been a an unhappy

0:46

party of losers is what he's arguing

0:48

he's saying there wasn't a red wave

0:49

there should have been and really

0:52

Republicans are covering for fraud

0:54

essentially and his argument is that hey

0:58

you know what we need a new generation

1:00

so that's his take he believes uh that

1:03

by being aggressive he can may be that

1:06

change that America needs problem with

1:08

that is is he potentially going too far

1:11

that's what some are saying for example

1:13

tonight Viv proposed cutting

1:17

75% of the American government's staff

1:21

not including the military this would be

1:23

the federal government well you've got

1:25

over 2 million workers at the federal

1:26

government which represents a little

1:28

over one .3% of all of our American

1:32

Workforce given the velocity of money if

1:34

we just use a velocity of two we would

1:36

basically instantaneously be in a

1:39

recession so I'm not sure if that's the

1:41

best move to maybe cutting fat out of

1:44

the government but it's clearly a

1:46

position this is along the lines of Viv

1:49

suggesting that he would basically

1:51

eliminate the Department of Education

1:53

and the FBI these actually some things

1:56

we're starting to hear other politicians

1:57

talk about now as well though so it is

2:00

something that is gaining Traction in

2:01

the Republican Party Republican party

2:03

has regularly been for smaller

2:05

government whereas the Democratic party

2:07

has been more for larger government I

2:09

think those that's pretty obvious to say

2:11

uh now on Israel Viv argued that we

2:14

should smoke the terrorists on their own

2:17

uh smoke the terrorists in the uh

2:19

Southern border of Israel however we

2:21

should also do the same thing here in

2:23

America and that's the same argument

2:25

that many of the Republicans on stage

2:27

tonight had uh it sounds a lot like he's

2:30

picking up a lot of the sort of the

2:31

trumpian uh attacks to really gain

2:34

popularity and quite frankly it worked

2:36

very well for Donald Trump will it

2:38

actually move VI up in the polls we'll

2:40

see but he makes very clear and very

2:42

poignant arguments he was the only one

2:44

to bring up nuclear I wish we had more

2:46

of a discussion on nuclear energy had

2:47

more discussion about oil Futures than

2:49

we did about nuclear which is

2:50

unfortunate for the debate we'll say the

2:52

third debate was much more organized

2:54

than the fox debates were so shout out

2:56

to NBC for that one uh he does talk

2:59

about this cancer in our society and he

3:01

believes one way to solve this cancer in

3:03

our society is to limit the size of

3:05

government and then help basically

3:07

people make more money that if people

3:08

make more money and there's more supply

3:10

of stuff we could reduce inflation

3:12

people are happier because they're they

3:13

make more money one other downside

3:16

though to consider is if you just

3:17

instantly start shutting down

3:18

departments especially ones that

3:20

businesses rely on whether that's the

3:21

SEC the FTC uh or or other departments

3:25

you potentially do slow down Business

3:27

Development so there there definitely

3:28

some considerations here at one point

3:30

Viv suggested that and I'm not sure if

3:32

these are just sound bites of his but at

3:34

one point he suggested we should

3:35

immediately declare independence from

3:37

China and basically not import goods

3:41

from China now obviously this is

3:42

something that you would have to do over

3:44

time kind of like the B Biden

3:45

Administration is doing via the

3:47

inflation reduction act or the chips act

3:49

which maybe people don't necessarily

3:51

agree with all the provisions of that

3:52

but that is bringing home

3:54

manufacturing problem with just saying

3:56

we don't need China anymore is we kind

3:58

of do we import over $575 billion per

4:01

year from China $145 billion worth of

4:04

electronic equipment $112 billion worth

4:07

of nuclear reactors and Machinery that's

4:09

a big deal people think it's mostly toys

4:12

9% is toys about 7% is plastic and then

4:15

you get into rubbers and paints and

4:17

tools and lubricants and copper we're

4:19

dependent on China I'm not saying that's

4:21

a good thing but I also don't think just

4:23

saying let's end everything right away

4:24

is the right answer uh he also suggests

4:27

that Airbnb gives your data to China I

4:29

think this is a little bit of a Miss

4:30

because that's Airbnb China so if you

4:32

don't do an Airbnb in China they do at

4:35

least as far as we're aware uh now as

4:37

far as uh land use restrictions is a big

4:40

fan of building more in America growing

4:42

America uh American Real Estate

4:44

opportunities big fan of that I think

4:45

that's a great idea he does talk about

4:48

uh one way that you could solve the

4:49

Social Security crisis is by stop

4:51

spending basically as much money on

4:52

Foreign Wars uh like Ukraine and uh uh

4:56

and what's going on with funding Israel

4:58

or arming Taiwan these are things that

5:00

are very different from a disantis or

5:03

Haley who are much for hey let's fund

5:05

military operations in different

5:07

countries so that way we don't have to

5:09

spend essentially American lives we're

5:11

financing Wars essentially leveraging

5:13

other people's militaries to weaken our

5:16

enemies be it Russia be it Iran and

5:19

otherwise unfortunately the Biden

5:20

Administration gets a little bit of egg

5:22

on their face for the $6 billion deal

5:25

with Iran of course those funds have

5:27

been frozen in Qatar so technically get

5:29

these deals but clearly the diplomacy

5:32

method didn't work to restrain groups

5:35

funded by Iran at least in part like

5:37

Hamas Hezbollah or the houthis which

5:40

keep in mind houthi Rebels just shot

5:42

down a United States drone just today

5:45

actually uh and took responsibility

5:48

immediately for striking down this drone

5:49

this is yet another attack uh on

5:52

Americans uh we this is well an American

5:54

device at least this is an mq9 Reaper

5:56

drone in just the past few weeks that

5:58

this war in Israel this conflict has

6:00

been going on we've had about 38 attacks

6:01

in Iraq and Syria on American uh either

6:05

uh facilities bases or uh or or other

6:10

equipment uh okay so this is uh I do

6:13

also one more thing on Viv question some

6:15

of the practicality of him suggesting

6:17

that oh you should have a forget about

6:19

we should not forget about the northern

6:21

border that we have a southern border

6:23

that uh fentanyl flows through which is

6:25

true the DEA suggesting that the vast

6:27

majority of uh and and um Customs and

6:29

Border Protection suggesting that 98.9%

6:32

of fentanyl that comes into America

6:34

flows through the Mexican border that

6:36

does leave maybe up to a percent for

6:38

Canada but then went as far as

6:40

suggesting that we need to build a wall

6:41

of the northern border and that we

6:43

should build both walls I think he's

6:45

going to walk that one back pretty

6:46

quickly but some folks are wondering is

6:49

VI a little too rash is is he willing to

6:52

say something extreme to try to gain

6:55

votes but then is that how he would also

6:58

operate as president uh of course then

7:00

other people say well he wouldn't be

7:01

rash's president but you know when when

7:03

first time around Donald Trump got

7:05

elected people said oh he'll clean up

7:06

his act when he gets on Twitter when

7:07

he's president he didn't change a bit

7:10

right uh so anyway okay so uh that gives

7:13

us a little bit on VI for disantis he

7:16

also talks about the idea of new

7:18

leadership that the elites don't care

7:19

about you and that he will the question

7:22

here is do people trust DeSantis uh the

7:25

you know there DeSantis lost a lot of

7:27

momentum when he really went hard after

7:29

dis and don't get me wrong a lot of

7:30

people are really anti the the the woke

7:33

agenda uh and and some people are for it

7:35

okay everybody has has their choice here

7:36

but I think his aggressiveness in anti-

7:39

Disney when the I mean the company's at

7:41

least if you look at the stock has felt

7:43

like it's almost been self-destructing

7:44

uh but you know they're trying I I I

7:47

don't know that that aggressiveness the

7:49

weaponization almost of the Floridian

7:51

government was the right answer there

7:52

and that's what a lot of folks criticize

7:54

Dan santis for uh Dan santis did come

7:56

out swinging though he did suggest that

7:57

hey Donald Trump didn't pay for any of

7:59

the

8:00

wall and that instead Dan santis is now

8:04

going to finish building the wall and

8:05

he's going to make Mexico pay for it he

8:08

said he would do that through

8:09

remittances so when people send money to

8:11

Mexico back home to family after working

8:13

here he's going to somehow tax that uh I

8:15

don't I don't know if our farmers are

8:17

big fans of that but uh okay it's it's a

8:20

way to borrow from Donald Trump a Donald

8:22

trumpy in line and try to use it for

8:25

yourself I guess anyway he talks about

8:27

finishing the job once and for all

8:28

definitely slammed Nikki Haley for her

8:30

2014 letter to the ambassador of China

8:34

some detail on that Nikki Haley's

8:36

Administration did uh apparently Reach

8:38

Out according to the LA Times and KCCI

8:41

both of them suggested that Nikki Haley

8:43

reached out to uh the Chinese government

8:45

essentially to build a fiberglass

8:47

facility in uh her state which they

8:50

ended up doing in 2016 the 2014 letter

8:53

was looking for an economic partnership

8:55

with China to try to bring jobs to the

8:57

area and yes that did happen uh of

9:01

course Nikki Haley tries to distance

9:02

herself from China now argues that China

9:05

and Russia are the biggest threats that

9:06

we have to fight she's a big fan of this

9:09

idea or or sorry disantis is a big fan

9:11

of this idea of ripping up the green New

9:13

Deal there technically isn't a green New

9:15

Deal that was a proposal but what he's

9:17

talking about is is undoing the Biden

9:20

nomics executive orders for example we

9:22

just had an executive order from the

9:23

Biden Administration within the last

9:25

four weeks that uh basically funds

9:27

employing 20 ,000 young adults to build

9:30

Trails plant trees and install solar

9:33

panels uh now uh Dan santis got hit a

9:35

little bit again for his executive order

9:37

on uh opposing offshore drilling off the

9:39

coast of Florida and also Banning

9:41

fracking in the Everglades this didn't

9:43

get a lot of airtime just a small note

9:45

uh we uh can now move on to Nikki Haley

9:48

Nikki Haley suggests 50% of Americans

9:50

live paycheck to paycheck fact check on

9:52

that it's actually about 61% uh she says

9:54

our kids won't forgive us for our debt

9:57

um personally quick little side note on

10:00

that I think my 8-year-old and

10:03

5-year-old if the economy recovers

10:07

through all this inflation probably

10:09

won't be thinking about this debt much

10:11

like we don't think about the debt that

10:13

was spent 20 years ago thanks to the

10:15

fact that the number will probably look

10:16

a whole lot bigger in 10 to 20 years so

10:20

I'm a big fan of fiscal responsibility

10:22

but $3 trillion sounds like a lot now

10:24

but I have a feeling in 10 or 20 years

10:26

it's going to be a drop in the bucket uh

10:28

that's not a good thing okay it's not

10:29

something to laugh at I'm just like

10:31

relatively the rate we're on it is

10:34

unsustainable and today's numbers like

10:36

we we're probably not going to forgive

10:38

our kids for what they're going to print

10:41

it's going to be the other way around

10:42

it's like hey we printed 30 you guys

10:43

printed

10:45

200 yeah anyway uh anyway so uh Nikki

10:49

Haley argued that China saves money

10:51

buying oil from Iran she's not incorrect

10:53

about this this is actually true uh

10:55

you've got China according to reuter

10:57

saving about $10 billion

10:59

per year buying oil from uh Iran that's

11:02

China saves that money because uh you

11:04

know they're they're not following us or

11:06

or Western sanctions because they're not

11:09

part of them and uh therefore they get

11:11

discounted Iranian oil which is

11:12

basically the same stuff it's just got a

11:15

little label on it that says it's

11:16

Iranian theoretically they could just

11:18

arbit I mean they could just take the

11:19

barrels and take the Iranian flag off

11:21

and put the Chinese flag on it and sell

11:23

it to America

11:27

Arbitrage uh okay uh Nikki Haley goes on

11:30

to say that Hamas would kill you as well

11:32

uh and that uh you know we need to be

11:36

very strong in being anti Hamas disantis

11:40

did shut down a a a group at local

11:44

colleges in Florida that He suggests

11:47

were posting Pro Hamas messages they're

11:50

a uh Palestinian group however

11:53

apparently were applauding the uh Hamas

11:56

attack and were therefore shut down VI

11:59

attack this and suggested there's no

12:01

place for censorship in America Putin

12:04

and China are salivating at VI becoming

12:07

President says Nikki Haley uh this is uh

12:09

this was a sort of an attack a slam that

12:12

she was able to provide after uh Viv

12:15

suggesting that we should stop funding

12:17

as much as we do in Ukraine and Taiwan

12:21

uh Haley very Pro arming Taiwan more

12:23

weapons prevent China's growth and limit

12:26

their capabilities big fan of attacking

12:29

Mexico with strategic strikes VI and

12:33

disantis a little bit more aggressive

12:36

with DeSantis going as far as suggesting

12:38

we would just deploy the military to the

12:40

border and uh authorize essentially

12:43

deadly force to finish the job in uh in

12:46

in Mexico Nikki Haley suggesting

12:49

deploying 25,000 additional border

12:51

patrol and troops moving on to Scott He

12:55

argues that appeasement leads to war and

12:57

He suggests the wars and conflicts we

12:59

face now are due to Obama and Biden

13:02

being weak against China and Russia a

13:05

lot of folks on the Republican side

13:06

argue that Donald Trump is the best way

13:09

to limit war and because of the way

13:11

either Trump negotiates

13:14

or whatever it might be his strength in

13:16

foreign policy however uh do keep in

13:18

mind we had a substantial trade War

13:20

throughout

13:22

201817 uh mostly 2018 uh with Donald

13:25

Trump and uh China however there was no

13:28

physical War at that point although keep

13:30

in mind we did have a much more

13:32

substantial presence in the Middle East

13:33

then than we do now although that might

13:35

be changing with Israel any who uh as

13:38

far as uh chrisy not too much by the way

13:42

new from chrisy and Scott the relatively

13:46

similar things that we've heard I mean

13:47

Scott he talks about investing in

13:48

Innovation energy and disconnecting from

13:51

China it sounded very bides I hate to

13:54

say it for his purposes but it sounded

13:55

very bides Christie talked about Israel

13:58

potentially having an intelligence

14:00

failure but we promised 31 years ago to

14:03

support Israel in the trilateral

14:05

agreement we made between the United

14:07

States uh uh Israel sorry the trilateral

14:12

agreement my my fault let me correct

14:15

that here uh we promised we'd support

14:17

Israel and Israel's intelligence

14:20

failed keep supporting Israel that's one

14:22

item that he says second item that he

14:24

talks about is we need to keep

14:26

supporting Ukraine because back 31 years

14:30

ago we had a trilateral negotiation

14:33

United States Ukraine Russia and if

14:35

Ukraine agreed to give up their nuclear

14:37

warheads to Russia we would support them

14:40

if Russia ever attacked them and so here

14:43

we are 31 years later sort of the chrisy

14:45

argument Christie did suggest ban Tik

14:47

Tok although Tik Tok ran like three to

14:49

four ads every single break we had a Tik

14:53

Tok ad during the debate so the debate

14:55

was clearly brought to you by Tik Tok

14:58

unlike like this YouTube video which is

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with a coupon code expiring this Friday

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uh go to meetkevin.com to learn more

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about those and so that wraps up a

15:35

summary of everything that we just heard

15:37

for the Republican debate now that it's

15:40

over I'm going to turn my grumpy mug

15:42

around and say thank you very much for

15:45

being here I'm also going to quickly

15:48

read this so I don't get in trouble even

15:49

though I'm a licensed financial adviser

15:51

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a stock broker this video is neither a

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personalized Financial advice nor real

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16:00

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16:04

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am I presently acting as a market maker

16:11

boom it's that's simple

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take

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