 so starts in about 38 seconds right 15 seconds counter down all right here we go second show in the post-trump world we're gonna be spending this show analyzing Trump's appointments he's appointed one two three four five five people we know he's interviewing a lot of people now let me let me start by saying and I think those of you who've listened to the show certainly know this I'm not a fan I'm not a fan of Donald Trump I'm not a fan of his positions I am not and those of you who don't know me might not know this I'm no lefty I am a principled capitalist I believe in free market I believe in the America of the founding fathers and I think Donald Trump is a travesty he goes against the principles of the founders and certainly has no no conception of what a free market looks like at least not based on his statements not based on what he said during the campaign I am very full pro free trade very pro immigration and I know a lot of you are not I know a lot of you resent that a lot of you are really really upset at me I noticed that at the freedom summit when I was there and almost boot off the stage but hopefully you'll listen you know it's about having a debate in this country it's about listening and what I want to do today is talk about what the appointments that Donald Trump has made so far say about him and how we think he's gonna govern are these good appointments bad appointments from my perspective of the perspective of individual rights and the perspective of capitalism from the perspective of freedom and freedom by the way you know my friend Shawn has a show on right after me at 5 o'clock so I hope those of you in Chicago will stay on and listen to him because he'll just add on to everything I to what I say we disagree on some stuff but mostly we agree alright so who was appointed this week the Trump and the transition team have been very busy obviously interviewing lots of people lots of people coming in and out of the Trump Tower I was actually in New York this last week and all the roads surrounding the Trump Tower are blocked off you cannot get there which creates unbelievable traffic hazard everywhere and this is what every president and I like it does they don't care like when Obama comes to LA the city shuts down because the traffic shuts down because they block off all the streets we are inconvenienced by those in power that's part of what it's all about so Trump was a Trump Tower I guess today he's in New Jersey today is is Saturday and he's interviewing people talking to people filling those positions and he so far has has filled five positions so Reese Priebus and I think I'm pronouncing the name right is his chief of staff at the White House and I have to admit I don't know much about Reese Priebus he's a chairman of the National Republican Committee has done a what seems like a pretty good job over the last few years getting Republicans elected the Republicans control the House they control the Senate they control the House and a Senate for quite a while and from all accounts he's considered kind of a mainstream conservative I don't think he's a he's a out there conservative I don't think he's a Donald Trump anti-trade anti-migration conservative necessarily he's been critical of Donald Trump during the campaign so that's good I guess it's good to see Trump appoint somebody in his in the administration who's been critical of him we'll get to some others later I think that's a good sign that he's not just taking people who have been accolades just people who've been following him and and be part of his campaign constantly but we saw so very much supported Donald Trump at the end and and brought to bear the Republican Party infrastructure in support of of Trump's election so I think this is payback for the fact that we stood by Trump and it sounds like he's a good organizer and will be somebody who knows obviously as chairman of the Republican Party he knows everybody in the Republican Party he'll be the guy I think that Trump relies on to bridge to the mainstream to bridge to a lot of people who opposed his candidacy who did not vote for him within the Republican Party and so he's definitely within the context of a Donald Trump seems like I'm a moderate voice now again I don't know much about his positions I I looked him up a little bit and there's not a lot about what Reese actually stands for and so I guess we'll see I guess we'll see what kind of advice he gives Donald Trump and my guess is he's quite involved in selecting the cabinets and and some of these choices are gonna be a reflection on on Reese and certainly on on Trump all right so that's Reese the more interesting one of course is is Bannon is the choice of a Bannon as I guess chief strategist which is kind of a new position but why not I mean it's you know Trump has has a you know right to do new things and he appointed Steve Bannon as his chief strategist within within the administration and I want to talk a little bit about that and now if you want to get into the conversation happy to take your call 312 6425 6 0 0 that's 312 6425 6 0 0 call in if you have any comments on Trump his election you want to argue with me you want to you want to defend his appointments when I'm not too happy whatever give us a call and let us know what you think 312 6425 6 0 0 and you're listening I'll remind you to the Iran book show where we talk about current events from an objective perspective from the perspective of Ayn Rand free markets individual rights and the morality of rational self-interest we're radicals I'm a radical I'm radical you know I think I'm definitely radical and you know I don't think Donald Trump's much of a radical anyway let's let's talk about Steve Bannon now Steve Bannon's interesting right I mean he's a guy I find it interesting a kind of funny I guess that Steve Bannon started his career at Goldman Sachs and a number of the people that that Donald Trump is interviewing come from Goldman Sachs and Goldman Sachs of course come to represent justly or unjustly it has come to represent the ultimate insiders the cronies because every every secretary of the Treasury going back quite a while almost everyone has been connected in some way to Goldman Sachs so it's come to be this insider crony type thing which Donald Trump was all against and then and then number of these Goldman Sachs guys being interviewed now of course Bannon is no insider so I won't let's not count the fact that he was once at Goldman Sachs against him before him I actually like Goldman Sachs so to me it counts for him Bannon is the is the CEO or was the the CEO of of Breitbart the kind of white sensationalistic news website that likes to be sensational that likes to you know poke that likes to you know be right there at the forefront and likes to get people get people's attention even even at the expense of facts even at the expense of the truth he is definitely a rabble rouser he's definitely out to poke people he's definitely considers himself to the right I guess on the spectrum and I don't even know what to the right of Donald Trump on a lot of issues on a lot of issues many people consider by but and and Bannon kind of the spokesman the mouthpiece of the alt-right I don't know I have to admit I'm not sure of this now the alt-right as I see the alt-right is the alt-right the real alt-right a nationalist anti immigration many of them are racists many of them anti-semites Bannon is agrees with some of that he's what he himself is called a economic nationalist so I don't want to buy into the leftist stuff I don't know if he's an anti-semite I don't know if he's a racist he's suddenly a nationalist because he calls himself a nationalist and he suddenly this economic nationalist with what is economic nationalism means it's basically code word for anti-trade code word for bringing the jobs home and we will talk about whether you can bring the jobs home and what that even means definitely about you know PLS companies that leave the country about stopping immigration so he is part of the alt-right to the extent that there's overlap between his ideas and their ideas the the hardcore alt-right are neo-nazis but he sympathizes with some of their ideas I don't think he's a neo-nazi but you know this is the fuzziness the the the unspecificity of this whole alt-right thing but suddenly he again defines himself as a nationalist like what is a nationalist what does nationalism mean and I am not a nationalist I'm anti-nationalism because nationalism means placing the state placing the nation above the individual that the standard for good is what's good for the country and if you as an individual need to be sacrificed for the country that's okay because the standard is what's good for the country I am anti-nationalism the founding fathers were anti-nationalism we are individualists the individuals first government is there to serve us the state is our servant not our master we'll be right back sound okay so those of you in Facebook live there's like a three-minute commercial break now so you're just gonna have to wait drinking coffee all right today we're talking about Donald Trump's appointments the appointments in the White House and to the Cabinet we've got five appointments we've covered one we're in the middle I've talked about Steve Bannon and remember the context for me is always free markets the context for me is always freedom it's individual rights it's a limited role for government how does Steve Bannon how does Donald Trump fit into that context that's what we're talking about if you want in on the conversation 312642 5600 312642 5600 now as I said Bannon was was at the head of right but he considers himself a nationalist an economic nationalist which it's clearly he's anti-trade and he's very explicit about being anti- immigration not just and I know you guys are gonna jump on me illegal immigration illegal immigration that's that's what you guys that's what you guys like you know it's as if the whole immigration thing is about illegal immigration it's not Bannon is opposed to much more than just illegal immigration he is opposed to immigration he is opposed and this is where I suspect he really is a racist he is opposed to all these people from all these other cultures coming in even when it's not illegally and I want to I want to read to you a conversation that Steve Bannon had with Donald Trump when Donald Trump was running for in the campaign Steve Bannon has I guess a podcast a radio show and he was interviewed he was interviewed on this radio show and Donald Trump was actually taking the very reasonable position that if somebody gets an education in the United States a father gets an education and you know science or whatever then you want him to stay in the country and he says this to Bannon he says a recording Donald Trump here when someone is going to Harvard Yale Princeton Penn Stanford all the greats and then they graduate we throw them out of the country and they can't get back in Trump said I think that's terrible at a Trump who's a regular on the show right we have to be careful of that Steve you know we have to keep our talented people in this country wow I didn't believe Donald Trump thought that that's that's good news about Trump but Bannon is not having any of this he's like humming and highing and he's you know he doesn't really respond and then he says then this is what he says when two thirds of three quarters of the CEOs in Silicon Valley are from South Asia or from Asia I think and then he stops and he hesitates because he knows he's on delicate ice here right he just called these you just complained about CEOs being from South Asia Asia and he wants to back away from the racism but then he says a country's more than economy we're a civil society now what does that suggest to you that suggests that he's implying that having having CEOs three quarters to two thirds which is a false number but anyway having those CEOs from South Asia and from Asia in Silicon Valley somehow undercuts civil society I mean that's nuts that's insane but that's crazy and it's racist so who cares if the CEOs from Silicon Valley are from South Asia or from Asia if they're Chinese or Indians they're producing all the good stuff that we have in this world they're producing the wonderful technology that we use the CEO of Microsoft the CEO of Google right now are Indians Indian from India wow these are talented smart productive engaged people we should be celebrating them not complaining about them but you see Bannon doesn't want a to a B visas he doesn't want legal immigrants he doesn't want legal immigrants who are incredibly talented that is very very dangerous very very bad very bad for freedom in this country very bad for economy we want talent we want hard-working people we want people who produce and create and build that's the kind of people we want in this country to start excluding them and this is to those of you who thought this was just about illegal immigration this is not just about illegal immigration this is about immigration period alright Benjamin here wants to talk about immigration now go ahead Benjamin he's calling from Arkansas yes we are but Bannon is Steve Bannon is Steve Bannon is I just quoted you a quote from Bannon where it's not about legally these people are all in the country legally and he doesn't like them what's that yeah we're repeating it doesn't make it doesn't make you smarter I'm all for legal immigration I just believe that the immigration laws today are stupid a bad and the fact is that Steve Bannon is against legal immigration so is Jeff Sessions by the way Jeff Sessions wants to do away with h1b's h1b visas are legal ways to get into the country and yet these people want to ban h1b's legal legal legal legal ways to get into the country that is a bad thing this you watch right watch what happens all right thanks Benjamin I'm here you wanted to say something we don't have too much labor that's completely not a nonsense we have a massive shortage of people listen to me a second we have a massive shortage of people to pick apples in Oregon nobody's picking apples because they won't allow cheap labor to come in and we have a massive massive shortage of engineers in this country you know there's a massive shortage of labor in this country well we have too much of a regulations and taxes and government controls and government restrictions that's what we have too much of and you see you too are anti-immigrant you're not only anti illegal immigrant you're anti-immigrant and this is what I suspect of most of you Trump fans it's not just about the legality you don't want more people to come to this country even if they're productive even if they get a job even if they work hard you just don't want them and that is not a good thing that is anti-american it's anti what this country is about and I appreciate that but I'm taking somebody's job there's a shortage of jobs I came illegally I came legally and so do so do so do all the guys in Silicon Valley that Bannon is complaining about right Benjamin I just read your direct quote from Bannon now I didn't make it up good if you were if you were the president's strategic advisor then I would be a little bit more calm but it's Steve Bannon and he doesn't agree with you thanks Benjamin really appreciate the call keep on listening and I appreciate the fact that you want me to stay in this country because at the Freedom Summit a number of people wanted to deport me as soon as possible luckily I'm not an American citizen and they can't do that all right we got Kevin on the line from Scottsdale Arizona man we've got a very we've got a listenership all over the country now Kevin you're in the Iran book show what's up you're gonna you're gonna you're gonna miss Bush by the time Trump is done you're gonna miss Bush okay I get I'm running out of time we've got a commercial break hitting so let me just say this I get it I get what you're saying I get the hatred of Hillary Clinton I really do I hate Hillary Clinton maybe not as much as you got as you do and many others do but I hate Hillary Clinton I hate Obama but I hate Bush as much as I hate Obama and and I know that's shocking to many of you but I do I know what how much damage a Republican like Bush can do and and what kind of damage you did in 2008 and what kind of damage you did in Iraq in Afghanistan and what kind of damage you did to young men like you went into the military but I I think Trump is actually going to be worse but more importantly I think that I think we don't know what he's gonna be and that's what's scary now you voted for him primarily because you voted against Hillary I'm worried about not you I'm worried about the voters who voted for Trump because they love Trump that scares me that really really scares me okay you're listening to your own book show Kevin really appreciate your calling and I'm gonna talk about national defense in a minute we'll be right back say hi to Sean for me tell him I gave him a show of plug all right this break is actually long it's another four minutes now Kevin's a good guy two and a half two and a half minutes one more minute guys minute eight all right we're back and we're talking about Donald Trump's appointments and just thought it kind of tried to talk about Steven Bannon but you know got caught up in the whole immigration thing let me be clear Steven Bannon is against wants to shrink dramatically legal immigration into this country that it would be a disaster a disaster now I'm gonna get Nathaniel's on the line and I'm gonna get to Nathaniel just want to cover some more points on Bannon otherwise I'm not gonna cover anything this show right you guys are getting very excited but it's good keep on calling 312 6425600 I love it when you call 312 6425600 so Bannon is based on everything I can see he's an economic nationalist is anti-trade I've already talked on the show many times about trade I talked about trade to Nathaniel in a little bit he's anti immigration legal as well as illegal he's borderline racist that what he said about Asian you know Silicon Valley CEOs horrible stuff he is very religious at least the way he talks all about the Judeo-Christian Judeo-Christian Judeo-Christian he's very anti-Iran he actually talks about I ran he's familiar with I ran so he would be very opposed to everything I say and everything I believe in he's an anti-individualist this is why he hates I ran he's a collectivist a collectivist a tribalist so as an anti-individualist he has to hate random he did he talks about I ran style capitalism and I ran style capitalism is horrible and it's destructive and it destroys and all this other stuff so he has these very negative comments on I ran more than that and this is this was surprising he's a Keynesian you know Keynesian Keynes the the statist economist he wants like Trump this massive infrastructure spending he wants a lot of government spending on infrastructure and he says this is the time to do it because rates are negative now we should take on massive debt because rates are negative how long they'd stay negative I don't know how long they'd stay negative if if the government started barring these huge quantities of money in order to rebuild the roads and the bridges and his whole vision of capitalism is a soft capitalism it's a status capitalism it's capitalism with lots of government intervention regulations controls manipulations Steve Bannon is no friend of liberty he's no friend of capitalism he's no friend of the individual he is in his own words an economic nationalist and that puts him on my anti-list he's a lefty he is a lefty when it comes to economics and a righty when it comes to culture and that combination is the most scary by the way and then I'm gonna go to the Daniel I think this is going to be the most anti-abortion administration ever I think they're gonna make it a priority to try to stop abortions in America and and if that scares me I know it doesn't scare a lot of you guys but this is probably gonna be a very religious administration even though Trump himself I don't think cares about abortion and Trump himself is not religious based on the people he's appointing there's gonna be a religious administration all right Nathaniel you want to talk trade go ahead that's not true let me just stop there Nathaniel wait a minute that's just not true I mean I chose not to make a lot of money I chose to become a teacher I chose to I chose to do this which I don't make a lot of money yet I don't mean because I love because I love what I do for objectivists for I ran it's all about doing what you love doing it's all about pursuing your passion it's all about living the best life you can live money is just one feature of that it is never in iron man's novels or in iron man's philosophy money is never an end in itself and it's never primary go ahead but I don't know what globalist means I I mean this become a term suddenly that everybody uses this term globalist what does it mean does it mean global trade global trade is wonderful global trade has made America rich global trade has made it possible for people to rise up from poverty everywhere in the world including America globalist in the sense of global trade has made this world an exciting thrilling fun place to live in I love the fact that I can get on a plane go anywhere in the world I love the fact that I can buy stuff from China from Japan they can buy the best the best that there is in the world global global trade has created more jobs in the United States many many many more jobs in the United States then then if you limited trade trade creates jobs so there are more jobs in the US today because of global trade then if you get away with global trade you see a collapse of the entire US economy if you limited global trade now globalism means world government you know some government that's set up to tell us what to do then of course I'm against that but trade trade is good international trade is good it's a value added it's win-win both parties benefit America is far richer far better and has many many many more jobs because of trade with China and Japan and Korea and Mexico trade is a win-win it is a benefit to Americans or by the way America doesn't trade it's individual Americans who trade and they're much better off from being from doing so you're listening to the radical Iran Brooke will be right back one more minute all right here we go and you know so we're talking about Trump's Trump's nomination but really we're talking about Trump's agenda and there's a lot to talk about it's about trade and it shocks me that people don't get trade trade is one of the most fundamental fundamental of issues in economics it is no economist really no serious economist in the world today who is anti-global trade who is anti-trade between people in different countries between individuals in different countries Adam Smith and the wealth of nations 240 years ago showed that protectionism doesn't work the protectionism is bad that trade free trade zero tariff like trade is what allows for wealth creation on both sides both parties it's a win-win situation a win-win relationship now Sean has been waiting on the line well almost nine minutes I've been keeping Sean online now Sean has a I think this is the Sean Sean has a show on and 560 in Chicago right after the show so listen Sean's Sean is terrific and an exciting and passionate so pitchforks guys pitchforks they're out with the pitchforks what is it economic nationalist economic nationalist yeah he's a fascist absolute but also imagine but Sean imagine if he really got the credit imagine if he got the credit imagine if the president of the United States now is making decisions for companies where to move where to produce which cars to produce how to produce them I mean that is fascism if indeed Donald Trump impacted the decision of Ford motors that is fascism that's not the kind of president I want yeah yeah that'll be a blast that'll be a blast I love it I love it in no way are you winning I'm gonna rip your shreds thanks Sean all right we got we do want to talk about trade hey Reed do you have any doubt that I'm gonna win there's gonna be a lot of yelling I can guarantee that okay well let's let's go through let's go through the motion let's go through the through the exercise right so we don't have a textile industry in the United States anymore because basically textiles are made in in Bangladesh and in China and in other places and much cheaper so Walmart can sell very cheap clothing in the United States which we all benefit from because we spend less money in clothes now what does that make possible that makes possible more money in our pockets so when we have more money in our pockets we have two choices in terms of what to do with that money we could either take that money and invest it or we could take that money and spend it now if we invest that money then that becomes basically capital for businesses who then expand and expand product lines not in textiles textile jobs are finished they're gone they're not gonna be in the United States anymore but they might expand jobs in Silicon Valley so a lot of our investments go into Silicon Valley where we build new plants we hire new engineers we hire we hire more software people now if we were spending more money in clothes because clothes were still expensive because we had high tariffs we'd have less money to invest in creating jobs in Silicon Valley now we also have more money in our pocket so we spend more now what do we tend to spend more on on higher value goods on things like I don't know entertainment like Hollywood well most of the entertainment we consume is produced in the United States there are huge numbers of entertainment jobs in the United States didn't exist in the past and they pay very well if you can get one of the jobs they pay very very well we also consume more electronics most of those electronics even if they're not assembled in the US a products of companies and ideas that do come from the US you get a lot of engineers you get a lot of software people who have now jobs that wouldn't have had before we produce SUVs better than anybody in the world we don't produce little cars very well but so we have more money now to buy SUVs now that's just a simple example you can run that you can simulate that you can run it any way you want but the net result of trade is win-win and all you do when you have nations trade is you're multiplying that win-win by millions and millions of people and therefore our standard of living is higher because we're paying less money for the goods we consume and we have more money to invest and consume other stuff and their standards of living is higher because they have new jobs and new industries and so on that makes sense yep and and and again you could you could multiply this in so many different ways and think about how much iPhone would cost if Apple really built it in the United States with American labor union labor right that got paid I don't know 30 40 50 60 bucks an hour imagine what an iPhone would cost in those cases and imagine if it was cost how your productivity would go down because you wouldn't have an iPhone if your productivity went down you would be creating less value you might be fired you might not have a job jobs as productivity goes up more jobs ultimately are created all right you're listening to your own book show we'll be right back after this break right this is a two-minute break well guys I thought I'd have the whole show to cover all of Trump's appointments and I've gotten through what a couple of them haven't got the sessions haven't got a Flynn and Mike Pompeo and and by next week there'll be all new appointments and I won't you know so I'm so behind I need Sean's hour can you guys in Chicago give me Sean's hour I need another hour to cover just just barely cover what I wanted to cover so what I want to do is next show I'm gonna cover national security I'll talk about Flynn I'll talk about Pompeo and I'll cover national security and and other issues relating to national security Donald Trump and because I know there's a lot of questions about that and do I support Donald Trump Trump's more aggressive stance vis-a-vis Islamic terrorists okay but in the meantime this might be a good way to end a jack wants to ask me about what an objectivist presidency would look like go ahead Jack I'm good good good sure well I have almost no time so I'm gonna I'm gonna put you I'm gonna take you offline Jack thanks for calling it thanks for reading the virtue of selfishness and giving you have a plug here on the on the on the show absolutely we are we are being destroyed by an orgy of altruism an orgy of you know it's other people's responsibility to take care of me and it's other people of responsibility to protect me and this is what causes the trade barriers this is what causes the immigration barriers we live in it we live in a culture of fear and we live in a culture that resents success and this is not America anymore I mean I really fear for the America that I immigrated to right I think it's disappearing quickly what would an objective is present what would an objective presidency look like it would be a presidency focused on liberating Americans they would be focused on protecting the individual rights of Americans so the whole orientation would be around how do we reduce government's burden on you so I would you know you would cut subsidies to business dramatically dramatically cut regulations and start wiping them out wiping out regulations over the next you know a couple of decades so that they really for the next few years to really free up business it would mean cutting taxes dramatically it would mean getting government out of our bedrooms and out of our boardrooms and freeing up the American people would mean making immigration legal having rational legal immigration into this country you can find a job you should be able to come here to work it means lowering tariffs to zero yeah I would get rid of NAFTA would get rid of NAFTA and replace it with real free trade not with high tariffs and restrictions and barriers and all this kind of stuff it would mean freedom an objective presidency would mean acting to promote and encourage and build a free country a country that is respect individual rights that is focused on respecting individual rights that's what objectivism is about that's what I ran is about that's what the Iran book show is about it's about protecting individual rights government is our servant not our master just squeezed it in there thanks a lot