Schaftlein Report

Mark Schaftlein host with Special Guest - Tom Amenta Today in the News 1) Only 12% say the USA is going in the right direction. 2) Biden approval at 36% in Monmouth poll. 58% Disapprove. A 22 point gap. 3) Radical liberal Democrats are frustrated with Biden on abortion even though he has very limited options on this subject. 4) Likewise, even after signing a bipartisan gun bill, they are still not happy in the aftermath of Highland Park which had very tough gun laws. 5) Biden administration sues Arizona over law requiring proof of citizenship to vote? This perfectly illustrates the gap between ordinary Americans who favor such laws and the political elite. 6) Germany is on track to shut down 3 fully operating nuclear plants while Europe is having an energy crisis. The EU has requested they keep them open. Again the radical greens are in control in Germany. How stupid can they be? 7) Oil prices fall below $100 as fears of recession take hold. 8) Biden administration is considering raising ozone standards in Permian basin where we get 40% of our oil. He is either brain dead or deliberately committing political suicide. 8) Suspect admits to mass killing in Chicago

Schaftlein Report | Supreme Court Crushes EPA in 6-3 Ruling Guest - Jeffrey Dunetz - LidBlog Author ( LidBlog.com ) Topics: 1) West Virginia versus EPA: Ruling reverses 1973 law that empowered the EPA's regulatory authority over Coal, Power Plants and the Fossil fuel industry. EPA does not have unheralded regulated authority to dictate policy. Congress should dictate rules and not the EPA. This is a HUGE loss for Climate Activists. Victory for energy!! 2) This year the EPA has denied 69 requests from oil companies to make cheaper gasoline under "small refinery exceptions" for ethanol to meet renewable fuel standards. While there are food shortages in the world, radical democrats and climate activists force higher prices on consumers by requiring corm based ethanol in some gasoline products thus increasing the price. 2B) Court rules 5-4 for Biden against Trump's Remain in Mexico policy for people coming from other countries 3) 73% of Americans believe the country is going in the wrong direction in one poll and 85% in a second poll. 4) In Real Clear Politics Polling Average, Biden hit s new Low of 38% approval and 57.5% Disapproval. 19.5% deficit. On the Economy. he is upside down by 30 points. 5) Small businesses and larger corporations are leaving Chicago as violent crime is up 35%. Once again a liberal democrat is in charge. 20 year old woman shot at point blank range in back of head in Upper East side of NYC strolling her baby 6) Inflation and crime are way more important to Americans than Abortion 7) Recession fears grow as food inflation is at a 42 year high. Biden rules out asking Saudi Arabia to produce more oil. 8) Biden reaffirms commitment to back Ukraine to defeat Russia as more weapons to be sent by NATO countries to Ukraine 9) 1-6 hearings resemble Soviet show trials. Secret Service refutes witness claims of Trump in The Beast.

Credibility in Question At 1-6 Hearing | Schaftlein Report - Guest : Gary Demar - American Vision President ( Americanvision.org ) Topics : 1) Cook Political Report moves 6 House races toward GOP. 38 Democratic seats considered toss up or worse 10 Republican seats considered toss up or worse Current projection is GOP pick up of 20-35 seats 2) Supreme Court rules voting map crafted by Republicans in Louisiana is correct by 6-3 vote overruling Obama appointed District Judge who tried to draw a district demographically more favorable to Democrats 3) Biden deflects responsibility for human trafficking deaths in Texas. 2 Mexican citizens arrested. 4) Sweden and Norway approved to join NATO. U.S. send additional troops (now 100K) in Europe plus additional ships and fighter jets. Russia calls the move "Destabilizing" 5) While we have high oil and gas prices, the fossil fuel industry has lost 67K jobs since Biden took over due to restrictions on domestic oil and gas production as the administration goes green at consumers expense. 5A) Fed Chairman Powell vows to tackle inflation which has been high for a year. Why did they wait so long to address. We have been talking about this for over a year. 6) AOC and other radical Democrats call for Abortion clinics on Federal Land shot down by Biden, Harris and "other Democrats". Pelosi takes communion at Vatican even though her bishop prohibits it 7) As crime escalates in LA county, West Hollywood votes to reduce "Defund" the police budget and reduce the number of officers even though crime is up 137%. This is an ultra liberal area. 8) Former White House aide testifies before 1-06 committee. Democrats claim bombshell testimony, Republicans yawn as the information revealed is mainly old news and some of it is already discredited. The ratings for the hearings have been a disappointment to Democrats. Liz Cheney suggests criminal prosecution for Trump. 9) Lee Zeldin wins GOP Governor primary in NY and will face Gov. Hochul in the fall.

59 Migrants Dead as a Result of Disastrous Biden Border Policy | Schaftlein Report --------------------------- Guest: Drew Allen - Conservative Political Analyst, Author, and Speaker ( DrewThomasAllen.com ) Topics: 1) Tractor trailer full of migrants left abandoned in Texas summer heat cause widespread death and injury a. Officials looking for truck owner and driver. b. 7K a day try crossing the border - Biden press secretary "The border is closed" - NO IT IS NOT 2) Russian terrorist attack on shopping mall in central Ukraine - Many dead and wounded a. Air Defense Systems being sent b. NATO to increase troop strength from 40K to 300K c. Is Jake Sullivan the National Security Adviser on the outs with Biden? 3) NY court will not allow Non-citizens to vote 4) Blue city crime - Atlanta man shoots Subway employee over too much mayonnaise on sandwich - Black-on-black murder a. 1 dead (26 year old woman) and 1 in critical condition (24 year old woman) - Both employees had been on the job for a month b. Man arrested age 36 - Southwest part of the city - Owner considers closing the store due to crime c. Buckhead residents want to secede from Atlanta as crime surges 5) Consumer Confidence hits 16-month low *Half of Americans live paycheck to paycheck with virtually no savings *Half believe we are already in a recession 6) Biden Disapproval Ratings Soar a. Economy 66% b. Inflation 71% c. Ukraine 57% d. Immigration 59% e. Abortion 60% f. Guns 62%

The Left Melts Down | Schaftlein Report --------------------- Topics: 1) States will now decide: a. What happened to the Leftists Rage - Most protests were peaceful however some violence in Portland and Phoenix where tear gas used to disburse crowd b. Warren wants to pack the court - Biden says No c. Hollywood crushed d. Media Liberals employ scorched earth plan e. Trump blamed and credited f. Ginsburg blamed by leftists g. Radical Democrats like Waters and AOC openly suggest to defy the court, want judges impeached h. Companies to pay for travel of employees? 2) From Abortion to guns to January 6th commission, it was a bad week for liberals - People are not changing how they vote *Supreme Court rules a coach who lead his team in prayer cannot be fired and is protected by the 1st amendment in 6-3 decision 3) Democrats try doing everything in their power to distract from the economy, inflation and gas prices 4) Biden accidentally reveals Note cards detailing instructions to him *It's obvious he is in way over his head - His approval hovers in the upper 30's **1.0M voters have changed their registration to Republican since Biden took office 5) DeFacto Amnesty - Federal Prosecutors are dismissing stacks of cases - 70K cases closed - The goal is to pardon 1.0M by 2024 *Over 2.75M Illegal Immigrants have tried crossing since Biden took office 6) NATO meetings in Europe as Ukraine withdraws from the East to regroup - Without more weapons, Ukraine cannot handle Russia alone *Russian missile hits Kiev building 7) Potential global food shortages could effect 50m people in 435 countries *Russia blocking Ukraine ports needed to ship the grain - 60M tons per year **Grain elevators attacked and grain stolen

Americans Tune Out the President | Schaftlein Report --------------------- Guest: Jeffrey Dunetz - LidBlog Author ( LidBlog.com ) Topics: 1) Biden asks Gas Station owners to lower prices and continues his criticism of oil companies a. Americans have "Tuned Out" Biden - His gun speech was viewed by only 5% of focus group participants b. Germany may have to ration gas 2) Secretary Granholm to meet with oil and refinery companies to discuss the issues - Claims she has no idea how to resolve the problem but at lest it is a step in right direction 3) Tax holiday is dead on arrival in congress - Democrats say Biden was too slow to react to rising inflation and gas prices 4) Fed Chairman Jay Powell "Soft landing is very challenging and a recession is possible" 5) President heads to Europe Saturday for meeting with NATO on Ukraine war and G7 Economic summit 6) France, Germany, Italy and Romania did not promise heavy weapons to Ukraine a. It is likely to have to cede property to get the war to end and achieve a peace deal b. Leadership of Biden and NATO comes into question c. NATO and Ukraine has gone from trying to achieve a military victory to a Survival mode 7) Supreme Court strikes down NY gun restriction law - Establishes the right to carry 8) DeSantis leads Trump by 2 in New Hampshire poll for 2024 39-37% - A statistical tie

Inflation and Gas Prices Dominate Powell testimony before Senate | Schaftlein Report ------------------- Guest: Andrew Crapuchettes - CEO of RedBalloon.work, a company that connects employers who value freedom with employees who value it too Topics: 1) Crude Oil prices fall to $103 per barrel as recession fears hit market - But for how long? 2) Fed chairman Powell: "higher rates will moderate asset prices" *"Price stability is the bedrock for the economy" - We do not have that right now **Inflation is a supply demand imbalance and a policy error of the Biden administration and the Federal Reserve 3) The current Fed funds rate is 1.6% - Powell says it will be 3-3.5% by year end 4) Biden and some Democratic Senators blame oil companies - Chevron fires back at the criticism 5) Biden to support a 3-month Federal gas tax holiday (18 CENTS ON GAS AND 24 CENTS ON DIESEL) Pelosi once called it "showbiz" - Will it pass congress and to what effect? We say minimal to no effect 6) Russian Ruble is the strongest performing currency this year up 40% versus the dollar a. Strong commodity prices and $20B per month in export revenue of oil and gas are contributing factors b. Paying for oil in Rubles pushes demand in addition to capital controls 7) Russia is rerouting trade through Brazil, India, China and South Africa 8) Demand for mortgages is plunging and house price gains stall as this part of the market desperately needs a cool down 9) Press secretary says Biden will "ELEVATE" pain at the pump - She meant to say alleviate

All Pain, No Gain | Schaftlein Report ------------------------ Guest: Joe Visconti - Emmy Award Winning Producer Topics: 1) Basklash - Biden says what we all knew - Higher gas prices has a silver lining of shifting to renewal energy sources a. This has been their plan all along - They WANT high gas prices b. The problem is that high gas prices have had virtually no effect on climate change as drivers continue to drive and pay the higher cost c. We have not seen demand destruction d. Biden considers Gas Tax Holiday - Even Obama opposes that 2) Inflation figures price increases over the past year a. Gasoline up 49% b. Energy cost up 35% c. Rents up 15% d. Cars up 13% e. Utilities up 12% f. Groceries up 12% 3) Survey results show 64% of Americans blame Biden for Inflation being so high including 53% of Democrats 4) Economists say the Unemployment rate must go above 5% for inflation to ease 5) The average price of a new house is $435K *The median price of all houses sold is $408K meaning half sold for more and half for less **This is up 15% over last year and up 60% over 5 years 6) Goldman Sachs warns the odds of a Recession are 30% over the next year and 48% over the next two years 7) China is buying 8.4M metric tons of oil from Russia = $5.7B per month (discounted price due to sanctions) *China is buying 7.8M metric tons of oil from Saudi Arabia = $6.3B per month 8) Due to higher oil prices, this allows the Russians to finance the war - Sanctions hurt the Russian people, but not the Kremlin 9) Anti-Trump hearings continue - Americans are generally not paying attention as so much focus is on Inflation, Gas and Food prices 10) Voters go to the polls today in Alabama and Virginia for Senate and Congressional Primaries

Democrats Question Biden 2024 Run | Schaftlein Report ------------------------- Topics: 1) Some even say he will not make it through his current term a. Biden was shielded during the 2020 campaign and that same strategy is being used in the White House - Very few interviews b. "Take the car keys away from Grandpa" approach c. Biden is NOT a moderate but a highly partisan liberal d. His polling numbers are terrible and the progressive left dominates the party for now 2) Biden hit New Low at 32% approval with 57% Disapproval - A 25 point gap *He is under water in 48 states 3) Democrats are losing Hispanics whose values include being Conservative on Education, social issues, pro life and pro gun, lower taxes and freedom of religion and school choice 4) On the economic front, Bitcoin fell below $18,000 and Etherium below $1,000 a. India is buying Russian coal at a 30% discount to market b. The threat of a Recession is growing and pundits are jumping aboard including Larry Summers who adjusts his story every day c. Housing is really slowing in number of units being built as rising interest rates take a toll - Much more slow down to come 5) Treasury Secretary Yellin says the only way out of the current energy crisis is through renewables a. Can someone please teach the Treasury Secretary about drilling and fracking? b. The energy Secretary Jennifer Granholm say we are in for high gas prices for the extended future 6) Did anyone try to fly over the weekend? 3,000 flights cancelled and over 6,300 were delayed *Staffing shortages, lack of pilots and weather to blame? 7) Global swimming board rules no more transgender guys can compete in women's events (after reaching puberty) 8) European Union and British intelligence warn the war in Ukraine could go on for years as Russia wages a war of attrition *Ukraine losing 200 soldiers a day as Russia advances in Donbas region 9) Matthew Fitzpatrick wins the U.S. Open Golf tournament by one shot over Will Zalatoris and Scottie Scheffler in an outstanding day for golf 10) In politics, Katie Britt leads Mo Brooks by 19 in Ala. Senate Republican primary and Dr. Oz is behind in PA senate race by 9

BEAR Market Bludgeons Stocks | Schaftlein Report ---------------------------- Guest: Jeffrey Dunetz - LidBlog Author ( LidBlog.com ) Topics: 1) Federal Reserve raises rates 75 basis points, highest hike in 28 years *Stocks getting pounded in Bear market 2) Biden approval at 39% and Disapproval at 56% in Reuters/Ipsos Poll *This is consistent with other polling data 3) By 51-31%, Voters prefer Republicans over Democrats on handling Inflation *Biden, Schumer and Pelosi meet to discuss inflation - OH NO, they will make it worse 4) Biden begs oil companies to produce more - Way to go Joe - Your policies caused the problem *John Kerry - Absolutely no drilling more oil and gas 5) In a sign of slowing, housing starts hit a 13-month low 6) Taiwan warns China that it has a missile capable of hitting Beijing 7) Radical liberal PAC claims Representative Lauren Boebert (R) is an escort 8) Representative elect Mayra Flores (R) says Democrats have walked away from Hispanics and no longer share their values *They have gone so far left 9) 222K apprehended at border - A record - Yet no media attention to this 10) French President Macron, Germany's Scholz and Italy's Draghi meet Zelenskyy in Kyiv 11) In Texas governors race - Abbott (R) leads O'rourke by 5 in poll 12) Biden expands Transgender child healthcare as he goes radical left

Republicans Flips Democratic South Texas House Seat | Schaftlein Report ---------------------------- Guest: Drew Allen - Conservative Political Analyst, Author, and Speaker ( DrewThomasAllen.com ) Topics: 1) Mayra Flores flips Democratic district in Texas special house election 51-43% *Hispanics move away from Democrats toward Republicans in growing trend 2) Russell Fry beats Tom Rice on South Carolina House race 51-25% - Rice voted to impeach Trump 3) Nancy Mace survives challenger supported by Trump also in South Carolina *Trump goes 1 win and 1 loss 4) Adam Laxalt wins primary in Nevada and will face Sen. Cortez Mastro in the general election *Good opportunity for GOP pickup 5) In Georgia poll, Gov. Brian Kemp leads Stacey Abrams 50-45% *Herschel Walker and Raphael Warnock tied in Senate race 6) Democratic favorite pollster 538.com has Biden at 39.5% approval and 54% disapproval *Only 5 out of 50 Democratic Senators support Biden to run for re-election 7) Supreme Court Security bill passes House by a huge margin and goes to Biden for his signature *27 radical Democrats voted NO 8) McConnell to support Gun Safety Legislation to strengthen schools, add additional background checks and increased funding for mental health *We still need to see the details of the bill 9) Tom Cotton, Mike Pompeo, Ron DeSantis and Tim Scott are laying the groundwork for a 2024 run for President *Former VP Pence is also a likely candidate 10) More mass graves discovered in Bucha, Ukraine - Possibly up to 12K people *Battles rage in Donbas region - Are reports of Russian troops refusing to go into battle true? 11) Putin rival Navalny moved to maximum security prison with reputation for torture

Energy Costs Taking Huge Toll on Americans | Schaftlein Report ---------------------- Guest: William J. Federer – Historian, TV/Radio Personality ( AmericanMinute.com ), and Best-selling Author of the new book ‘Socialism - The Real History from Plato to the Present: How the Deep State Capitalizes on Crises to Consolidate Control’ Topics: 1) The Producer Price Index is up 10.8% in May, the 6th straight month over 10% 2) Gas is up for a 17th straight day averaging $5.02 nationwide 3) Diesel is up 80% year over year and Gasoline is up 63% - Biden policies are blamed 4) Crypto market blows up as market cap falls below $1T *Crypto banks limit redemption's - they were paying up to 18% interest - Celcius appears to be a Ponzi scheme *Federal regulation likely coming 5) Real estate prices appear to have peaked - In some areas of the country, prices have fallen 5-10% *Mortgage interest rates are around 6% 6) Federal Reserve likely to increase the Federal Funds rate by 75 basis points tomorrow 7) Biden to meet the Saudi's next month - Why not change his policies at home instead of begging the Saudi's? 8) ACA subsidies are a ticking time bomb for Democrats as huge increases are coming in October - Democrats want to extend expiring subsidies 9) Russia now controls 80% of a key Eastern city and three bridges connecting the city have been destroyed *Weapons are slow to get to the fighters - Russia may have the edge in the region 10) Chairman Bennie Thompson (D) of the Jan. 6th committee says no criminal referrals from his group *Trump releases 12-page rebuttal to the first 2 days of testimony 11) Primary day in 5 states today

The 3rd Trump Impeachment | Schaftlein Report -------------------------- Topics: 1) A highly partisan committee and their media allies are at it again this time trying to present a non-evidence-based case to indict Trump and keep him off the ballot in 202 - Focus groups of Independent voters are the Democrats target as they try to divert attention away from all of the other issues facing the country like $5-7 gas prices and 8.6% inflation a. Media throwing around incendiary words like Trump criminal referral - Democracy is at risk stoking fear in their attempt to retain power b. Democrats and Republicans "hate each other"? Merrick Garland will make the decision on Trump? 2) Biden approval in Quinnipiac Poll at 35% with Disapproval at 56% - Independents and Hispanics giving up on Biden 3) Republicans lead Generic Ballot 46-41% and are projected to take control of the House in November 4) Biden 2024 - Many Democrats are saying NO 5) On Gun Control - Democrats say they will accept what comes out of the Senate and come back for more next time 6) Democrats pressure Larry Summers who correctly called out the root causes of the Biden inflation last week *He now ridiculously calls Jan 6th as the root cause - A complete turn around after pressure from Democrats 7) Stock markets taking a beating after large losses on Friday - Possible Fed tightening 75 basis points - Recession fears grow 8) Reports out of Ukraine indicate they may be losing between 100-200 troops per day in heavy fighting a. Biden tells donors Zelenskyy did not listen to intelligence reports prior to the war - Ukraine rebukes the story b. Russia appears headed toward converting conquered Ukraine territories into Russia c. Ukraine needs more artillery 9) Majority believe the Biden Administration is INTENTIONALLY trying to keep gas prices high to appease the Greens and get Americans off fossil fuels 10) Border Agents disgusted by Biden and his policies and outright hostility

Average Gas Price Hits $5.00 | Schaftlein Report ------------------------ Guest: Jeffrey Dunetz - LidBlog Author ( LidBlog.com ) Topics: 1) 13 straight days of increase prices at the pump - YIKES *Jet Fuel prices spike **Biden considering trip to Saudi Arabia - Why not support American oil and gas companies? 2) Morning Consult Poll shows Biden at New All Time Low at 39%, Disapproval at 58% a. In the same poll one month ago, the President was at 42% b. Biden's base of youth, women, minorities and unions are slowly abandoning him c. Only 27% believe the country is going in the right direction - Who are these people? 3) Progressives and their policies were crushed in Tuesdays elections *Rick Caruso lead over Karen Bass is 42-37 in LA mayors race - Both go on to the fall 4) Biden promotes false narrative on Kimmel interview that "democracy is in danger" *The only REAL danger is his and Democrat Party policies 5) Law clerks are lawyering up in Supreme Court leak case 6) Radical Democrats block bill to provide security for Supreme Court Justices after it passed the Senate unanimously *Protestors target Kavanaugh home **Man arrested for plotting to kill Kavanaugh charged with Attempted Murder - Schumer rhetoric blamed for which he later apologized 7) Democrats pass a gun control bill that has no chance of passing the Senate - Why not work with the Senate? *Answer - They would rather debate the issue than solve the problem 8) Ukraine war with Russia rages in Donbas while many more bodies are found in Mariupol 9) Jan 6th committee is all about preventing Trump from running in 2024 - Why? - FEAR 10) Biden in LA for Summit of Americas - Numerous leaders did not attend *Focus is on Economic development, climate change and immigration 11) 85% of Republicans and 65% of Democrats are NOT Happy with crime going up and they blame democratic policies *72% of ALL Americans want more done - Highest level this century!

Election Results - a Warning for Democrats | Schaftlein Report ----------------------- Guest: Dean Reuter - General Counsel of The Federalist Society and Author of the new book: "The Hidden Nazi - The Untold Story of America's Deal with the Devil" Topics: 1) SF District Attorney Boudin removed in recall with 60% voting for the recall a. Rising property crime b. Homelessness c. Drug abuse and lack of mental health 2) Karen Bass and Rick Caruso will square off in the fall for LA Mayor job *Bass spent $3.5M and Caruso $13.5M **Caruso won but did not achieve 50% 3) Gov. Newsom and Senator Padilla easily won 4) Republican House races across the country saw incumbents hold strong 5) Gov. Christi Noem easily won race in South Dakota - Sen. Grassley coasted in Iowa 6) Supreme Court has 30 cases pending to decide including abortion, gun rights, ease funding for religious schools and climate change rules 7) Nationally, the price of gas hits $4.97 rising for 10 straight days - We have a refinery shortage in this country - None built in the last 20 years *Diesel is a huge problem 8) Smear efforts of the January 6 commission begins next week with televised hearings to the delight of the left-wing media a. Prediction - It will not sway voters as that issue barely registers with American voters b. It is a Hail Mary pass to deflect the disastrous poll numbers out of the White House

Election Day in America | Schaftlein Report ------------------- Guest: Joe Visconti - Emmy Award Winning Producer Topics: 1) Crime is the prevailing issue in CA and a possible recall of liberal District Attorney in SF *Republicans are +8 in Generic Ballot, Biden at 41% in Rasmussen poll upside down by 16 points 2 ) Africa warns of food crisis - EU voices concern over mass migration to Europe 3) Gun Control - Sen. John Cornyn seeks more time to work deal with Democrats *NY Republican Chris Jacobs quits after blasting gun laws - He will be easily replaced 4) Gas hits $4.92 and food costs continue their climb 5) Pride propaganda enough is enough - Tampa baseball says "NO" to "pride" patches 6) Border risk escalates 7) Attack and counter attack in Ukraine

Voters are Not Happy | Schaftlein Report -------------------- Topics: 1) 83% say the economy is very or extremely important for their votes *80% say inflation is important **74% say gas prices are important 2) Biden approval by category: a. Economy - 37% b. Inflation - 28% c. Gas - 27% d. Crime - 38% e. Immigration - 37% f. Guns - 37% g, Abortion - 41% h. War - 46% i. Covid - 56% 3) Treasury Secretary concedes the $1.9T spending bill was too much - $600B too high - Also admitting she was wrong on inflation 4) McCormick concedes PA Republican primary to Oz 5) Trump strongly endorses McCarthy 6) Russia hits Kiev with missile attack - Putin warns against U.S. delivering long range rockets 7) 82M vaccines are waster due to short duration usefulness 8) 50 Christians murdered in Nigerian church by radical Islamists 9) In the U.S., 13 killed and 24 wounded over the weekend in shootings at bars and a graduation 10) In Canada Trudeau announces a freeze on gun imports and sales - In a predictable result, gun sales at many stores sold out 11) Another caravan of 10-15K are headed to the U.S. from Guatemala 12) Mainstream media now recognize the dysfunction in the Biden White House *The Press Secretary Karine Jean-Pierre is a disaster, can't answer basis questions and just reads off talking pints **Biden to have first sit down interview in 118 and it is a clown show with a comedian doing the interview Jimmy Kimmel

Biden Administration Concedes Inflation is a Huge Problem | Schaftlein Report -------------------- Guest: Jeffrey Dunetz - LidBlog Author ( LidBlog.com ) Topics: 1) Biden admits food and gas prices are not going down anytime soon - Crude trade around $118 2) In a ridiculous move panned by even the Washington Post, Biden cancels $5.8B in Student Debt for 560K loans related to Corinthian College which collapsed in 2015 3) In a first look at May payrolls, ADP says the economy added just 128K jobs, lowest in 2 years 4) Gun violence continues as 4 killed in Tulsa Medical Center shooting *Biden to deliver prime time address to the nation this evening 5) In Seattle, the Defund capital of America, police no longer respond to sexual assault threats due to budget cuts *Crime is soaring 6) In the war, Russia pushes forward in Donbas as Ukraine looks to take back lost ground 7) EU decision to wean itself off Russian oil will be a slow process - They were buying $10B per month *India is now the 2nd largest buyer of Russian oil 8) German leader claims Russian economy is collapsing 9) Avenatti gets 4 years in prison for stealing from client Stormy Daniels

Rocket Weapons Better Late Than Never | Schaftlein Report -------------------------- Guest: Tom Amenta - Chief Development Officer of United Valor and Author of the new book "The Twenty Year War" ( TheTwentyYearWar.com ) Topics: 1) Biden changes course and agrees to send mid-range rocket systems to Ukraine after promise by Zelenskyy not to target Russian territory a. Ukraine has pleaded for these weapons - Every day of delay by Biden causes more territory and lives to be lost b. Germany finally relented and also agreed to send more sophisticated weapons c. Meanwhile Russia is leveling cities in Donbas region in a repeat of Mariupol d. Putin fires 5 Generals 2) In a meeting with Federal Reserve chairman Powell and Treasury Secretary Yellin, Biden blames Covid, Tax Cuts, Putin, Meat packers, the poultry industry, credit card companies along with oil and gas companies for Inflation *What about his disastrous policies and Federal reserve miscalculation? At lest Yellin admitted she was wrong - She also said "Inflation is way too high and is hurting Americans" **Gas prices hit $4.67 highest ever 3) Biden's plan is as follows: a. Cool the labor market - Unemployment is at 3.6% and wage inflation is running 6% b. Biden tries to take credit for deficit cuts because the U.S. did not spend another $1.9T in 2022 that was spent in 2021 c. Build Affordable housing - This will have no effect on inflation d. Russia and China problems related to war, oil and supply chain issues e. Recession Fears 4) OPEC+ considers suspending Russia *China suspends some Russian flights because they stole leased planes from European customers 5) Quantitative Tightening Begins $17B for next 3 months then $30B - The Fed balance sheet is at $9T *Jamie Dimon warns of Economic hurricane coming 6) Clinton lawyer Sussman acquitted on charge of lying to FBI 7) Biden administration asks Court to Reinstate Mask Mandates on planes - Don't do this Joe - You'll only make fliers mad 8) Illinois school district will abolish standards for people of color with no penalties for missing assignments and misbehavior - WHAT? 9) While the focus of the country was on the 21 killed in Texas, 50 people were shot in Chicago and 9 killed over the weekend while 250 fire arms were confiscated *In the same period last year, 34 were shot and 3 killed

A Morgan Report One Year Market Call is Spot On | Schaftlein Report --------------------------- Guest: David Morgan – Chief Editor of The Morgan Report ( TheMorganReport.com ) and Co-author of Second Chance: How to Make and Keep Big Money from the Coming Gold and Silver Shock-Wave Topics: 1) 2021 Gas was $3.00 - Today it is $4.62 - Oil is trading above $120 today 2) Yellen said Inflation would be 3% this year and both Biden and Powell said it would be "Transitory" 3) Commodity price remain elevated 4) UK turns to coal after Russian gas cut off a. EU bans most Russian Oil and Gas imports attempting to cut 90% within 6 months b. EU gets 25% of its oil and 40% of its gas from Russia 5) Americans savings rate is at the lowest level since 2008 6) Robot orders are up 40% as wages escalate at an alarming rate 7) Housing prices rose 20% year over year - Are we peaking and is slowdown coming? 8) Recession? 9) Biden approval 34-39%

Politicizing Murder? | Schaftlein Report -------------------------- Guest: Jeffrey Dunetz - LidBlog Author ( LidBlog.com ) Topics: 1) Shooting fallout: a. Red Flag Legislation b. By 54-35% Americans support arming teachers and school staff c. Robert Francis O'rourke is an ass**** - The "Beto" political stunt will backfire 2) Election fallout - Mainstream Republicans who challenged Trump's endorsements and took the other side feel pretty good - The fear is gone 3) Oz leads McCormick by 902 votes *Cuellar leads Cisneros by 177 votes in key Texas race - A potential loss for radical progressives 4) Democrats are beginning to question the Federal Reserve as inflation is sticky 5) Grain out of Ukraine? 6) England blinks implementing a windfall profit tax on BP and Shell - A policy error we just discussed yesterday not to do 7) The economy tops all issues and concerns for Americans as the Biden administration flails 8) Did the stock market bottom? 9) What happened to Mike Rowe?

Mass Murder in Texas | Schaftlein Report ------------------------ Guest: Andrew Crapuchettes - CEO of RedBalloon.work, a company that connects employers who value freedom with employees who value it too Topics: 1) 20 young children killed in school shooting in Uvalde, Texas - Killer Salvatore Ramos wearing body armor is dead - Feds looking for answers *His grandmother killed earlier - Border Patrol Agent killed the shooter **70% of school shooters are under the age of 18 2) Biden delivers terrible and divisive speech from White House - Democrats politicize the murders - Demand gun control while killer likely had serious mental issues *NYT blames NRA and left wing idiots blame Republicans, Manchin and Sinema for no filibuster reform to allow federal gun control a. NYC subway killer turns himself in - He had a rap sheet a mile long - "Why was he on the streets" - Eric Adams NYC Mayor b. ISIS plot to kill former President George Bush thwarted - Shihab Ahmed Shihab an Iraqi living in Columbus, OH wanted to have assailants come across the southern border 3) Gov. Brain Kemp and Hershel Walker win Republican primaries in Georgia - Record turnout as another Democrat lie implodes - There was no voter suppression as we have said for a long time - This complete quashes the Voter suppression narrative - Voting Rights a big lie *Brad Raffensperger wins Secretary of State defeating Trump back Jodi Hice 4) Majority of American believe Biden is "Incompetent" Democrats blame the Voters for being stupid *Meanwhile, Biden approval in Reuters poll falls to 36% 5) Biden "celebrated" high gas prices saying the cost to consumers was part of an "Incredible Transition" away from fossil fuels 6) The Consumer is in TROUBLE 7) How do we slow Inflation? a. Slow or reduce government spending b. Deregulation to increase supply of goods c. Slow the money supply or reduce it d. Avoid wage and price controls, rationing and windfall profits 8) Senator Roger Marshal (R.) Kansas visited the border and called it a "War Zone" 9) Liberals threaten to set fire to the Supreme Court over anticipated Roe v Wade case 10) War update - Cities in the Donbas region are starting to resemble Mariupol - Russians are advancing in all directions in that region *Cities are being destroyed and reduced to rubble by relentless bombing - 200 bodies are found in a bombed out apartment basement in Mariupol

War Rages - Inflation Ravages | Schaftlein Report ---------------------- Guest: Dave Brat – Liberty University Dean, School of Business Topics: 1) Russia appears to signal it is willing to negotiate an end to the war while Ukraine say no until territories are restored - Dean provides a historical perspective a. Henry Kissinger says Ukraine must cede some territory to Russia over the next two months to start peace talks to end the war b. Russia is using food as a weapon by seizing grain and bombing grain storage facilities 2) Plans are in the works for Biden to announce Student Loan Forgiveness up to $10,000 - This is sure to get a court challenge *This is a highly controversial gambit likely to backfire 3) Diesel fuel average cost is now $5.61 up 75% from a year ago adding to inflation anxiety *Under Trump, the U.S. was producing 13M barrels a day - Under Biden, that has dropped to 11.5M **The Biden energy policies are proving to be a disaster for the country 4) Inflation is costing the average American an extra $327 per month - Adjustable rate mortgages are going up adding an average of $400 additional monthly payment - Housing inventory of unsold new homes rose significantly in April *Layoffs are on the rise in technology companies as capital to cover losses dries up 5) Biden walks back his China policy statement 6) Why has the national media completely ignored the Hillary Clinton fake Russia leak?

Inflation Concerns Dominate | Schaftlein Report ----------------------- Topics: 1) 60% of Americans feel uneasy over Inflation, while 69% state the Economy is bad 2) Jason Furman a top Democratic Economist in the Obama administration confirm what we have been saying for months: *"The $1.9T spending package in Jan 2021 was much too large, the Federal Reserve was slow to react on reducing its bond buying program and the Russian invasion" He left out the Biden disastrous energy policies **Biden economic adviser does not rule out a recession later this year of for 2023 3) Biden administration caught flat footed and needed the U.S. military to come tot he rescue by flying in Baby formula from Europe for a problem that was developing for months - Another example of a disorganized White House 4) Fighting intensifies in the Donbas region as both sides make gains and suffer losses a. Congress and military leaders encourage the U.S. and NATO support of Ukraine with more weapons b. Ukraine rules out ceding any territory to Russia c. Top Russian diplomat resigns claiming lies and hatred 5) With Russia sabre rattling its nuclear capability, the military of both Russia and U.S. re-establish contact *Military allows ABC news to film aboard the USS Maine, a nuclear carrying war ship with the capability to launch 240 weapons and strike within 100 yards accuracy anywhere in the world as a deterrent 6) As we have said for months, Ukraine and the region produces about 25-30% of the worlds wheat and 9% of corn a. The world is staring at a food crisis in 10 weeks as Russia is blockading ports to transport the grain b. In a stunning foolish statement, Biden official Samantha Powers says food shortages will push farmers to green energy by replacing fertilizer with natural resources 7) Americans support keeping Title 42 in place at the border by a 55-45 margin - Even many Democrats are relieved a. The border remains a key issue which represent a stunning indictment of how poorly this administration is managing the border crisis b. Deportations have fallen dramatically 8) Crime comes to the front pages again with a senseless random unprovoked killing of a man shot on a subway train in NYC *suspect at large 9) Georgia primary on Tuesday with all eyes on the Republican primary for governor with Kemp leading by a wide margin a. Democrat Stacey Abrams says Georgia is the worst state to live in - She lost last time and hopefully will lose again - Kemp leads by 5 in the polls b. Walker leads Warnock by 4 at this early stage 10) In a Sunday interview, former Defense Secretary Bob Gates who served 6 Presidents discussed the colossal failure in the Afghanistan departure confirming the lack of supplies for troops and failure to leave 6K U.S. troops 11) Biden was in Asia over the weekend - The message to Kim "Hello" was odd at best The message to China was a walk back on Taiwan from the White House - There is no military treaty between the U.S. and Taiwan 12) Biden approval among Independents falls to 34% in CBS poll - A new low

Republican Turnout far Exceeds Democrats | Schaftlein Report ---------------------------- Guest: Jeffrey Dunetz - LidBlog Author ( LidBlog.com ) Topics: 1) Democratic turnout increase by 3% while Republican gains were 38% *GOP is up on the Generic ballot by a range of 4-8% 2) In Georgia where Biden claimed "Jim Crow laws to prevent voting among minorities", there is record turnout - Another Democratic lie exposed for the fraud they portray 3) Oz leads McCormick by 1,240 votes with mail in ballots still being counted - The lead is shrinking 4) Speculation about Biden not running in 2024 grows - Why would he - His presidency has been a total failure *His approval rating is at 36-39% 5) Russian colonel on state TV says the war is lost in a stunning revelation 6) Russian Denazification is total propaganda and hypocrisy 7) China is in discussion with Russia to buy discounted oil 8) Gas prices hit an average of $4.59 today the highest ever a. Mortgage demand plummets as rates on mortgages rise to highest level in 13 years b. Initial jobless claims increase to 218K to touch highest level since January - It is still very low as jobs are plentiful 9) DHS "pauses" the Disinformation Board - For now? 10) Musk claims Democrats are the party of division and hate - We agree