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    This Should Frighten All of Us # 998 (Ep 998)

    Expect minimal stock market gains, verify news, treat Biden's tweets as humor, and prioritize pet nutrition

    enJune 10, 2019

    About this Episode

    In this episode I address this little-discussed surveillance rule and why it should frighten all of us. I also address the latest fake news about Trump’s big immigration win. Finally, I discuss big tech’s gross miscalculation in their continued attacks on conservatives. News Picks: The infamous “two-hop rule” explained. This is a brutal takedown of the Steele dossier. Democrats’ views on abortion are deeply unpopular. Media activists are poking fun at another one of Trump’s tweets, ignoring what he really meant.  The tech companies made a mistake by alienating conservatives. Now liberals want to break them up. Socialist China cracks down on liberal media outlets. Copyright Dan Bongino All Rights Reserved. Learn more about your ad choices. Visit podcastchoices.com/adchoices

    🔑 Key Takeaways

    • Dan expresses gratitude to listeners, announces Fox News gig, addresses spying questions, and thanks audience for support
    • Democrats using impeachment to conceal weaponization of IRS, NSA, CIA, FBI against political opponents, involving discredited Steele dossier and Carter Page warrant
    • FISA warrants allow investigators to mine data from past communications of targeted individuals, expanding the scope of investigations beyond the specific individuals.
    • The FISA warrant targeting Carter Page potentially covered communications of many individuals within the Trump campaign, raising concerns about Fourth Amendment protections.
    • During Obama's tenure, extensive surveillance on Russians led to unmasking of Americans in contact with them, and the 'two hop' rule allowed for further surveillance. The Carter Page FISA warrant enabled retroactive and proactive spying on Page and his contacts.
    • The podcast discussed an unusual Harry Potter encounter, raised concerns about Pfizer surveillance and big tech targeting conservatives, and promoted Harry's razors for their quality, affordability, and convenience.
    • The speaker advocates for revising Section 230 to make tech companies accountable for their actions as publishers, not shielding them as platforms, while emphasizing the importance of economic freedom and avoiding government regulation as a potential source of problems.
    • Aligning too closely with a political ideology can lead to risks and potential loss of market position
    • The 10-year, 3-month yield curve inversion, which has lasted for 12 days, is a reliable predictor of an economic recession, but the 10-year, 2-year yield curve inversion, which has not yet occurred, is historically a stronger indicator.
    • An inverted yield curve, where short-term bonds have higher yields than long-term bonds, can predict economic recessions due to investor behavior and economic uncertainty
    • Expect minimal stock market gains, verify news, treat Biden's tweets as humor, and prioritize pet nutrition
    • Authenticity resonates in both products and politics. Personalized, high-quality pet food builds trust with consumers, while staying true to principles and values is crucial for political figures.
    • Joe Biden's support for the Hyde Amendment flipped after being questioned by radical progressives during the Democratic primary. The reason for his change is unclear, but it's important to note his long history of advocating for women's reproductive rights.
    • Consistency and authenticity are crucial in maintaining public trust. Social media and activism can bring change and hold individuals accountable. Awareness of impact and consequences is important for public figures.

    📝 Podcast Summary

    Dan Bongino thanks listeners for making 'The Bongino Show' the top conservative podcast

    Dan Bongino expresses his gratitude to his audience for making his podcast, "The Bongino Show," the number one conservative podcast according to a survey conducted by Liberty Nation. He also shares his upcoming guest hosting gig on Fox News Channel's "The Five." Additionally, he addresses questions about the "spying" or "two-hopper" situation and promises to clarify how it worked. Dan also thanks his audience for their support and shares his appreciation for them, expressing that their love and support have made his life a rewarding experience. The show is sponsored by Helix Sleep, a mattress company.

    Democrats trying to hide government spying scandal

    The ongoing impeachment proceedings are not just about President Trump, but rather an attempt by the Democrats to conceal the biggest government spying scandal in American history. This scandal involved the weaponization of various government agencies, including the IRS, NSA, CIA, and FBI, to target political opponents of the Obama administration. A critical piece by Tablet Mag explains how the Pfizer warrant on Carter Page was actually a warrant to spy on the Trump team. Despite the Democrats' attempts to downplay the significance of the warrant, the fact remains that it was based on the discredited Steele dossier and was used to surveil a member of the Trump campaign even after he had been fired. Helix Sleep, on a lighter note, offers customized mattresses for individual sleep preferences, with no compromise, and a risk-free trial period. Listeners can get up to $125 off their mattress order by visiting helixsleep.com/Dan.

    FISA warrants expand investigation scope

    The use of FISA warrants during the 2016 presidential election allowed investigators to not only spy on specific individuals but also retroactively mine data from their communications, going back several years. This means that even if a person, like Carter Page, was no longer associated with the Trump campaign when the warrant was issued, their past communications could still be accessed and used to investigate the team. This is significant because it expands the scope of what was being investigated beyond just the targeted individuals and allows for a wider net to be cast. Additionally, this data mining process, which is inherent in these types of warrants, can be used to hop from one contact to another, potentially implicating more individuals in the investigation. It's important to note that this information was already collected and stored under legal requirements, making it accessible to the Intel community on demand. Therefore, the common argument that Carter Page had already been fired from the Trump campaign when the FISA warrant was issued is not a valid one, as the data mining process allows for the exploration of past communications.

    FISA warrant may have monitored communications of numerous Trump campaign associates

    Under the two-hop rule, anyone who had a text or phone contact with Carter Page during his association with the Trump campaign, as well as their second-hop connections, could have their communications monitored under a single warrant. This means that a significant number of individuals within the Trump campaign may have had their correspondence covered by the FISA warrant targeting Carter Page. The speaker, a libertarian, raises constitutional concerns regarding this practice, especially in light of Fourth Amendment protections against unreasonable searches and seizures. He argues that the Constitution is not toilet paper and should not be disregarded, even if the surveillance involves national security concerns. The speaker also mentions that the use of the Russian angle in the investigation enabled the implementation of surveillance tools, providing a predicate reason for the government to conduct the surveillance. The speaker encourages listeners to read the article in question for a more in-depth understanding of the issue.

    Obama-era Russian surveillance ensnared Americans

    During the Obama administration, there was extensive surveillance on Russians during the election investigation, and the surveillance net also ensnared American citizens who came into contact with Russians, even if their names were masked. The use of unmasking allowed the identification of these Americans, and the two hop rule allowed the surveillance to extend to them as well. This surveillance dragnet was vast, and its disclosure could explain why Democrats continue to push for impeachment despite its unpopularity. The Carter Page FISA warrant allowed for the retroactive and proactive spying on Page, as well as those he contacted and those they contacted. The scope of this surveillance should be concerning to everyone. Additionally, there was a 13-second UFO video that surfaced, which Tucker Carlson had covered and Bongino shared, adding a lighter note to the discussion.

    An Unusual Harry Potter Experience and Controversial Topics

    During the podcast, the host shared an unusual experience involving a Harry Potter character resembling a Martian and a strange video, but also discussed serious concerns about Pfizer surveillance and big tech targeting conservatives. He then promoted Harry's razors, emphasizing their quality, affordability, and convenience. Despite disagreements on various topics, the host values transparency and respects his audience. The most controversial topic in the show's history was the host's stance against the death penalty, which led to extensive feedback.

    Revising Section 230 to hold big tech accountable

    The speaker believes that while there should be limits to free markets, the government should not turn big tech companies into public utilities. Instead, he suggests revising Section 230 of the Communications Decency Act to hold these companies accountable for their actions as publishers, rather than shielding them as platforms. The speaker expresses concern that government regulation could be used against conservatives, and emphasizes the importance of economic freedom and adhering to principles, even when it comes at a financial cost. The speaker's stance is rooted in the belief that the government is not the solution, but rather a potential source of further problems.

    Companies aligning with political ideology may face unintended consequences

    Big tech companies, like Google, Facebook, and Amazon, may have misjudged the loyalty and protection they received from the Obama administration and the liberal political sphere. Elizabeth Warren's plans to break up these companies serve as a reminder that the pursuit of power can lead to unintended consequences. Companies that align themselves with a particular political ideology may find themselves at odds with that ideology when it shifts, potentially leading to restrictions and loss of market position. It's essential for businesses to consider the long-term implications of their actions and the potential risks of aligning too closely with any political or ideological group.

    10-year, 3-month yield curve inversion as a recession indicator

    The inversion of the 10-year, three-month yield curve, which has been negative for 12 consecutive days, is a reliable indicator of an upcoming economic recession. This yield curve inversion has not been accompanied by the inversion of the 10-year, two-year yield curve yet, but historically, the 10-year, two-year yield curve inversion has always occurred before a recession. The speaker also mentioned the ongoing censorship of Western media and social media platforms in China, a self-proclaimed socialist country, and expressed confusion as to why tech companies are aligning with far-left radicals who may not ultimately support their interests.

    Inverted yield curve signals economic downturn

    An inverted yield curve, where the interest rate on a short-term bond is higher than that of a long-term bond, can be a reliable predictor of an upcoming economic recession. This occurs because investors, anticipating economic downturns, rush to buy long-term bonds, driving up their prices and lowering their yields. The speaker warns that the current unsustainable government spending levels and the recent inversion of the yield curve should serve as red flags for policymakers, indicating the need for immediate action to prevent potential economic instability. In essence, the inversion of the yield curve is a significant indicator of investor sentiment and economic uncertainty.

    Stock market returns may be low, fact-check news sources, consider Biden's tweets as jokes, and prioritize pet health

    The stock market may not yield significant returns in the next decade, and investors might consider locking in current yields instead. Additionally, the media's portrayal of recent political events, such as the border deal with Mexico, can be misleading, and it's essential to fact-check news sources. In the case of the New York Times, they acknowledged in their own story that the deal's terms were not agreed upon months ago as they claimed. Furthermore, former Vice President Joe Biden's tweets should be taken with a grain of salt, as some of them may be jokes. Lastly, taking care of pets, particularly dogs, involves providing them with healthy food, and companies like Ollie offer fresh, human-quality meals for dogs that are delivered regularly.

    Authenticity in Politics and Life: Pet Food vs. Political Gestures

    Authenticity matters in politics and in life. The discussion highlighted the contrast between a customized, high-quality pet food brand and a seemingly inauthentic political gesture. The pet food brand, MyOlly, creates personalized, vet-formulated recipes using all natural ingredients and sources them from U.S. family farms. This approach sets them apart from store-bought dog food, resulting in a significant improvement in palatability. In contrast, Joe Biden's tweet featuring friendship bracelets with Barack Obama was criticized for its inauthenticity and desperation to appeal to the Obama legacy. Authenticity resonates with people, whether it's in the form of a product or a political figure. In politics, candidates who flip-flop on their positions risk losing the trust and support of the public. The discussion also showcased the importance of staying true to one's principles and values.

    Joe Biden's Change of Position on Hyde Amendment

    During the Democratic primary, Joe Biden was criticized for his seemingly sudden change of position on the Hyde Amendment, which bans federal funding for abortions. For over 30 years, Biden had supported the amendment, but after being questioned by radical progressives, he announced his opposition. The explanation for this flip-flop is unclear, with some suggesting it was a personal decision or a response to the current political climate. However, it's important to note that Biden has a long history of advocating for women's reproductive rights, having led the fight against the nomination of Robert Bork, who was opposed to Roe v. Wade. Despite this, the media and political opponents have seized on the issue to attack Biden's character and consistency. If Biden becomes the nominee, it's likely that this line of questioning will disappear.

    Political figure's sudden change in stance damages reputation

    The sudden change in stance by a public figure on an issue, especially after a long time, can lead to significant damage to their reputation. This was evident in the recent case of a political figure who had to deal with public backlash after being called out by activists, leading to a destruction of his image almost overnight. This political miscalculation serves as a reminder that consistency and authenticity are crucial in maintaining public trust. Furthermore, the power of social media and activism was highlighted in this situation, as it was able to bring about change and hold individuals accountable for their actions. It's important for individuals in the public eye to be aware of the impact of their words and actions, and to be prepared for the consequences that come with them. Lastly, the importance of audience support was emphasized, as it can provide validation and encouragement to individuals, especially during challenging times. Whether it's through watching a show, listening to a podcast, or engaging on social media, every bit of support counts and can make a difference.

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