tv Washington Journal 03172023 CSPAN March 17, 2023 7:00am-10:00am EDT
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house republicans unveiled the first piece of legislation of the new congress. hr one, aimed at lowering energy costs. six environmental groups announced the lawsuit against the oil project in alaska after president biden approved it earlier this week. this morning, we will get your thoughts on which party do you trust on energy and climate issues. if you' a democrat dial in at (202) 748-8000. republicans, (202) 748-8001. independents, (202) 748-8002. you can also text us with your name, city and state that -- at (202) 748-8003. we will read your commts on facebook or in a tweet to the handle @cspanwj.
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the speaker of the house, kevin mccarthy from california early this week announced a bill lowering energy costs, hr one. here's what he had to say. >> most of these numbers are chronological. as speaker, i get to pick which bill are assigned the numbers one through 10 as a way to show how important that legislation is. i just announced hr one, our top priority that has a real shot of becoming law. lower energy costs. first, restore american energy leadership right now by repealing taxes and overregulation on american energy producers. so we could lead the world and providing clean, affordable energy. the second, make it easier to
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build in america. every time we need pipelines, roads, or dams, on average it takes five years and millions of dollars in costs are added to the project to comply with washington. that is way too long if we want to compete against china. we could streamline but still protect the environment. th is a goal worthyf numr one. host: the speaker of the house on the republicans first bill they have introduced in this new congress. we are asking which party do you trust on energy and climate? you heard the speaker saying this bill has a good chance of becoming law. politico's headline reads the senate majority leader, democrat from new york, chuck schumer, slams the house built and says it is a nonstarter in that chamber. here's what he had to say.
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>> no serious energy projects with fossil fuel projects. the forms needed to bring transmission and clean energy projects online,ather than prepare for the future, republicans big oil wishlist would lock america into expensive, erratic, and dirty energy sources. threpublican so-called energy plan would sets back decades in our transition to clean, affordable energy. it shows the influence big oil has on the republican use caucus. it seems the package was writt by big oil. let me be clear, the house republican so-called energy bill is dead on arrival in the sete. dead on arrival.
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i would say to my colleagues, we could still get sething done. fortunately,any democrats and republicans understand we need bipartisship to produce a real energy package. as we speak, there are talks happening in good faith about the possibities of a permanent deal. i strongly, strongly support bothides working together to arrive at a real energy bipartisan package. not the partisan package republicans have introduced. host: t majity leader in the senate, chuck schumer, on the republicans energyill. we are getting your feelings on which party you trust on eney and climate issue. from reporting on this legislation, the bill would lift restrictio on import and expo of liquefied natural gas, eliminating yalties companies pay to extract fossil fuefrom federal land and waternd spe
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the approval of federal permits. this is where you could see some bipartisan work, and the possibility could get through the senate because that is being pushed by senator joe manchin, democrat from west virginia. manchin proposed for spending legislation in the annual defense bill last year but those efforts crumbled. ed in georgia, republican, let's hear from you first. caller: i only trust the republicans. i could never trust the democrats because they have all of these crazy ideas and they have to include them in everything else. our liabilities are bigger now than our assets. in our schools -- host: we are talking about energy and climate. caller: that's where they are
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learning this stuff. i won't bring that part up. if we don't get more energy, the prices of the gasoline will stay like this. the poor people will n be able to drive cars. i don't think that is fair to the people at the bottom. host:eres russ in californi , hands down,emocrats have failed on energy since daone. projects on natural gas, energy, have skyrocketed. do you agree or disagree with russ here? we want to hear from you this morning. emme kratz, republicans, independents -- democrats, republicans, independents, is how we are dividing the lines. biden cking a huge project in
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alaska, want to show you what president biden had to say at a town hall in new hampsre back in 2020. making a cmate pledge to prevent new drilling. >> just a question about how you feel about drilling in the arctic reference? pres. biden: totally against it. remember the great oil spill? i went up there in a helicopter on the north slope and saw what was going on. salma was happening as the glaciers began to melt -- saw what was happening as the glaciers began to melt. no more drilling on federal land, period, period, period. [applause] the arctic circle is a disaster to do that. host: that was president biden
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in 2020 from the "new york times" article it mar a rning int inhe ministration's approho ssil fl devepment. the court and coness he rced m biden to sign off on limite oil andas releases. willow would be one of the few projec mr. biden has approved freely. it comes as the international agen has sd the government mu stop approving new oil and gas projects if the planet is to reverse the most catastrophic impact of climatehange. ultimately they made the internal calculation that it did not want to fight the company behind the willow project. it was approved under the trump administration. phillips has hold leases to the drilling sites for more than two decades. fusing a permit would trigger a lawsuit that would cost the government as much as $5 billion. quantico phillips is looking for
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five permits. the biden that down to three. according to reports it allows quantico phillips to drill for 90% of the oil that they were hoping to get. at the white house yesterday, the press secretary addressed president biden's decision on allowing ts project to go forward. >> the preside kept his word where can, by law. that is important to note. the department said some of the companies leasesre decades-old rented by prior admistrations. the company has a legal right to those leases. options e limited. when there are legal contracts inlace, e solicitor under president clinton and a law professor at usc said they have lease rights and that cannot be ignored.
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i will leave it there. the president is delivering the most aggressive climate agenda in the u.s history. that will be his continued commitment to the american people. host: the president's white house press secretary yesterday. which pty do you trust on energy and climate issues? leo in new hampshire, independent. caller: good morning, thank you for c-span. it was interesting to hear about president biden talk about t spill. the development example because it has been catastrophic for alaska. as for which party i trust, i trust neither of them. i'a huge proponent for nuclear power. ever since the issue with three mile island, the distrust with the american public has brought america to a
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nucleaage where we could be entirely dependent on what i believe is the most efficient source of energy and power the entire country. three mile island was disastrous. it was a trickle-down failure. talking about stopping fracking, which i think has been ok. cutting drilling and cutting out fossil fuels without a contingency plan is suicide at that point. it is like shaving your head bald and waiting for your head to go back. the american people don't deserve it. i'm a truck driver. my boss has to pay five dollars 50 cents for diesel. it pains me. i'm paying $3.50 for gas in my very efficient car era talking about cutting out fossil fuels cold turkey or reducing the back
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for an unprecedented level. it will be catastrophic. we saw the gas tax, i couldn't believe what i was sing. host: hang on the line if you don't mind. want to show and have you listen to steve scalise about how republicans plan to make their case, here he is in a recentnterview. re scalise when republicans see how much it impacts them at the pump, prices are 40% higher. one of the reasons you are paying more at the grocery store. if the public gets engaged on this issue like they are crime we could get this done. it starts with passing in the house and having a debate. you have the energy and commerce committee, natural resources, all volved in putting this
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package together. it will show the country how we could be energy independent. even though a lot of biden administration officials like his own energy secretary have no idea how to do this. we will show the country h it can be done better than anywhere else in the world and let the country get involved. host: steve scalise in a recent interview talking about this low-energy cost act promotes gas exports and some related to critical minerals. it limits the ability of states to block projects and quantifies trump air rules and speed up environmental reviews under the national environmental policy act. you said you don't trust either party because they are not talking about nuclear power. we made this legislation. given your job, are you for it? caller: the keyword said was wering energy costs. that makes my ears tick up.
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we own a house in massachusetts. energy costs have skyrocketed. i'm not doing anything out of the ordinary. we watch a little tv d go to bed. anything to help allevie the cost-of-livi. that's a term iear regularly. i kinda of figured everythg out on my own. once i figured out how expensive things were pretty covid. how unbelievably unaffordable things are,'m interested i -- i lean more to the right. i'm intereed in what either party has to say as for a proposal tt doesn't involve cutting out fossil fuels entirely. also lowering costs for the average joe. they are not drowning or treading water, feels like somehow to get ahead. being able to save money rher
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than giving everything oveto ever source or whatever. i'm surelenty of people out there looking right now are thinking it's ridiculous. host: you are 26, truck driver, when d you start this career? caller: i started this career a couple years back. i had no sense of direction. a buddyf mine works for a local towing company in my hometown, i took a flyer on the job. i very much enjoyed it, doing someing i could be proud of anhelping people. host: you're making a living wage? caller: i'm paid decently. i am paid decently. host: thanks for calling in this morning, appreciate it. zach in texas, democraticaller . which party do trust on energy and climate issues? caller: i appreciate what the
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democrats are trying to do. initially it seems like prices are higr but i think the long-term overall plan is still looking good. i'm going to hang in there with biden. that's about it. host: how old are you? caer: 76. host: have you been a democrat your whole life? caller: i was a republican for a ile when trump first got i. he became a huge disappointment the y his mind works. his arrogance and him not listening to his advisors that
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are more aware with what is going on in the world. he mak his decisions byow they feel that day. host: bring it back to climate change. do you believe that the clate is changing and that it is man-made a we have to do someing about it? do you belve that? caller: partially it is man-made. i think it is a natural occurrence of the world. are using upesources, cutting down forests, that type of thing. i lean more towards man-mad than natural. host: jack in texas. th pties exaggerate, lie about intentions. it is hard to kno which one the average american can trust, john in houston, texas, who do you trust? caller: thank you s much.
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i' been trying to point ou for the longest time that everybody seems to miss the fact that the media, especially networks like oan and programs like the view have us so busy pointing to democrats and republicans. everybody forgets they are all politicians. they are all there to serve themselves. just like the fight over the speaker election. the way mccarthy knuckled under on the bill. host: you have to bring this around to energy and climate. caller: it is everything. that is what we are doing now. i appreciate the time to speak. is is about democrats, republicans, independents.
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nobody is discussing politicians. they are all doing this for money in their pocket. host: ryan in san bernardino, california, energy and climate issues, what do you think? caller: it is interesting. eileen leral -- i ln liberal. i was in the last presintial election with the democrats. the democrats overall, there has to be a ddle ground where we do have a reasonable system of energy. the democrats more treme environmental types, i am one of them. i think it's ki of too late. host: do you agree with the president's decision to approve that willow oil project in alaska?
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caller: yes and no. yes because no matter what they do, even if they have the entire world f leas, there wouldn't be enough. i think it is very bad r the environment. i am very much not for that. he's playing the ga and cutting it down the middle. i thinthat will work for him. host: what do you mean cutting it down the middle? the fact that he approved three of the five? caller: in general. the y we have our systeset up is the company, they have to take a big flyer and really gamble on any of these things. when they want to say talk is talk, he could give them all of the leases for free and everything. it wouldn't matter.
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host: the new york times reporting senator lisa murkowski, one of the chief advocates for willow, which is projected to create 2500 jobs and millions inevenue in her state and the president was inclined to fuse it and i needed to be brought around, en quote. environmental activists have waed mr. biden's clate record, which includes making landmarknvestments in clean energy would be undermined if h approved willow. young voters in particular could turn again him. this morning we want to hear from those young voters. what do you think abo the president's decision on the willow oil project? there has been a lot of discussion on social media about his approval of this. this morning, young people, we want to hear from you. republicans, (202) 748-8000.
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democrats, (202) 748-8001. independents, (202) 748-8002. if you'd like to text, (202) 748-8003, just include your city and state. patricia, democratic caller. caller: thank you for taking my call. the democrats are for the people, republicans are for the money. host: explain that a little more. give us a little more. amples, maybe. call: i've been a democratll my life, i grew up in chicago. i was a democrat and they were always helping the peopl the republicans were more money to gain r businesses. they didn't give to the lower-class people. host: is that what you think this is about, the hr one legislation? caller: part of it, yes. ho: john in new jersey,
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republican, you are next. caller good rning. i'm ways ainst democrats becae they go too far. their intentions may be good but when biden came in and killed keystone, that was a crazy thing to do. i'm glad he's coming around on the alaskan thing. climate change always changes. could agree on that. the question is what we need to loosen. when you go too far and you want to shut down every pipeline based on some crazy notion about burial lands, it is just not science. it is not right. we need energy, oil until we
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can get something better. i think we should do much more nuclear. it got a bad rap after three mile island and chernobyl. that has to come around. if you want clean energy, it is nuclear, clearly. host: what do you thing about the republicans hr one bill we have been discussing this morning? caller: tell me what that is, i'm sorry, i'm not up-to-date. host: it promotes natural gas exports, eases some things with critic minerals and limits the ability to block projects. it would increase the trump air rules to speed up environmental rules under the national environmental policy act for drilling for oil and gas. it was in the intent to increase that and speed up the clock for it. they call the bill the lower
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energy cost act. they say it will lower your energy costs. caller: you never know about that. energy is supply and demand. the point is, i say drill baby drill, go as far as you can. be involved in conscience about the extreme environmental issues. i would go all out on energy independence, period, end of story. host: john in bridgewater, new jersey, a republican. many of you know there has been a drought out wes year after year in recent years. the desert sun has this headline abou a on capitol hill. $4 billion for the colorado
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rir drought into t inflation act. the hearing this week on capitol hill, here's a moment twn california senator alex padilla and the president director talking about the 2024 budget and the importance of funds from the inflation reduction act for this project along the colorado river to mitigate and deal with the drought damage they have seen out west the past few years. >> they're working with the department of interior, agriculture, and other agencies to leverage inflation reduction act and other funding as part of the whole of government with the challenges facing the colorado river? >> we understand the problem. the colorado river basin impacts 40 milli americans in seven states. it is a complex problem.
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it will take a whole government approach. it is situated to be able to bring the various agencies together and make sure we are putting our bestinds and creativeness to this problem. this needs to be reimagined for the long-term. we appreciate the infrastructure in the ira funds. they are helping get us started. without those, ion't know where we would be. this has to be a long, specific change in how the government views the colorado river basin. we are commied to doing that with your partnership. >> without these investments, we uld be in dire straits. that's exactly where we would be. another point to underscore t 40 million america who rely on the colorado river are in california. host: california senator an
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democrat, alex padilla highliting the efforts to deal with drought out west. some blaming climate change for that. do you agree with the administration's efforts on that and other climate energy issues? we are asking which party do you trust this morng. bob in new york, democtic caller. good morni to you. caller: good morning. i actually don't trust either side. either side is taking such an extreme position in propaganda that it's -- there's just no meeting in the middle. there is no solution. can i mention two other things that are very important. we never consider the hundreds of thousands of gallons they e using to import goods around the
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world. it neverven comes up. that is hundreds of thousands of gallons ver mentioned. another thing never mentioned, particularly because the media doesn't look at it at all, there is footage on youtube even that in the north, in yukon, alaska, siberia, high-pressure minors, gold a ivory minors are destroying 100 50,000 years worth of glaciers -- 150,000 years of glaciers every day. i'm not theedia but you can't destroy 150,000 years every day without exposing that soil to solar radiation. it is never coming back. i don't know why that is being can -- not even being considered.
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host: mary kansas, republican. caller: that previous person said the democrats are good people and biden has increased the cost of energy. it is the republican bill to lowering the cost of energy, it is actuay good. i would like for there to be an increase in gas and oil. i do regret, i feel bad about biden trying to balloon the gas and oil industry, it hurt a lot of people. under trump, even people that don't like him, the cost of energy was good. we had a better economy before the pandemic hit. that is my two cents, thank you. host: joe in colorado,
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independent. caller: good morning. i would like to point out that there is no such thing as a part republican or democrat. what we need to do is take the model from some of the other countries and look at a green party. ho: is that who y trust the green party on energy and climate. caller: correct. go in and put in a hot water or solar system on the white house. we have been going back and forth for decade one institution wants to go in and put in the keystone pipeline , the other says wait a minute, this is a pipeline going straight to china. it is going to the gulf to get put on supertankers and be se right to china. the alaskan pipeline, look at where that oil goes to.
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i spent the last 10 years in the balkans. oil is everywhere. it is great to have it in reserve in case we get hit with a natural or man-made disaster where we will not get solar or wind. fire up our plants in case of emergency. we need to come up with a long-term, global, agreed upon policy. they won't have the same perspective. yohave to go global. thank you. host: here is a viewer in a text, in the last few weeks we have seen the results of republicans taking regulations off of banks, railroads, and the epa disaster. only one party helps the working people, that is democrats.
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oil prices went down $10 on the market, gas prices went up $.40. in maryland, democratic caller, will hear from you. caller: good morning and thank you. i'm basically a very conservative democrat. i think it is very iortant and needs to be said that most people don't understand how the perks energy works with respect to oil it is not about the democratic or republican policy. the oil companies charge whatever they want. they have the power. not the democrats, not the republicans until somebody has a government imposed price at the pump, which probably never happened. until it does, it will not have any impact no matter how much you drill. it will never have an impact on
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the price on t pump. the companies determine that. not the republican policies or democratic policies. most of the oil that is produced here, it goes tchina or wherever. it goes down in the open market. it is acquired domestically to be marketed in the united states . that has an impact on the price at the pump. that is the only way it could have an effect. people need to be more aware of how the ergy product is distributed. wind energy that is created in the appalachian mountains, in western maryland and west virginia, it is going into the grid it is going to the market in the southeast. people don't understand how energy works.
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the energy administration, the department of energy, they do a better job, that is what i wanted to say. host: john in michigan, independent, good morning. caller: happy s patrick's day. i am not really trusting either party. grudgingly they nominated howie hawkins. you said you wanted young people to call in, as far as i see on energy, we had terrible outages in theast month in michigan, one hundred 40 out of 146 legislators take money from our energy monopolies. i look at joe bidenhe is totallyn league with that german guy.
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host: how old are you? caller: 28. host: what do you do for a livi? caller: i work for the u.s. postal service. talk about the democrats, you also can't trust them on the environment, how much methane did joe biden use when he bombed -- host: we are going to go to a new caller. caller: how are you doing? host: good morning. caller: i grew up in the 1970's, i remember going to this pce and the electric company, they had nuclear energy displays and stuff. the whole cntry was going to be nuclear by now. i guess thremile island and other things happened, nuclear
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dissipated. nody wants it. it is such a shame. 20 years ago we should been pushing electric cars and other hybrid vehicles. now we are playing catch-up, which is really bad. the oil company, they are just out for themselves. just like when covid came and they were awash with gasoline, nobody was driving. they will not let that happen again. they will do everything in their power to make sure we pay a fat ice. i think americans got greedy with covid after covid, the prices skyrocketed. i don't know the answer. host what do you think about republicans in the house, puing forth this energy bill, lower energy cost at.
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what you think about what we ve talked about? caller: i was devastated when the house changed. mccarthy is not a oduy. that is just messed up. that is politics. we have to go through it. i d't know if the young people didn't come out and vote as muc as i had hoped. thank god the senate stayed democratic. it is a check on the republicans the house. host: i'm going to pick up at that point. here is the speaker of the house this week unveilingh.r. 1, the first bill in the house of representatives. speaker mccarthy: most of these numbers are chronological.
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as speaker, i get to pick which bills get assigned the numbers 1-10 as a way to show how important that legislation is. h.r. 1 is our top priority that has a real shot of becoming law. it is called the lower energy cost -- it is going to lower energy costs. first it will restore american energy leadership by repealing taxes and overregulation on american energy producers. so we can lead the world and providing clean, affordable energy. second, make it easier to build. every time we need a pipeline, road, or dam, it takes five years and millions of dollars in costs get added to the project. that is way too long if we want to compete against china.
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we could streamlined permitting and protect the environment. that is a goal worthy of numbe on host: that is the speaker of the house. the reaction from the senate chamber led by democrats senator chk schumer of new york was calling the bill a nonstarter. here is the leader on the floor. sen. schumer: it is not difficult to see the republican proposal is nothing more than a wish list masquerading as an energy package. no send -- serious energy package would remove safeguards on fossil fuels. rath than prepare for the future, republicans, big oil which lists would lock americ into expensive, erratic, and dirty energy sources. the republican energy plan would set us back decades in our trsition to clean, affordable
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energy. it shows what big oil has on t republican house caucus, it was almost written by them. house republicans so-called energy bill is dead on arrival in the senate. dead on arrival. i would say to my colleagues, we could still get somethg done. fortunately, many democrats and republicans undetand we need bipartisanship to produce a real energy package. as we speak, there are talks happening igood faith about the psibilities of a permitting deal. i strongly suort both sides working together to aive at a real energy bipartisan package. not the partisan wish list republicans have introduced. host: that is the leader in the senate, chuck schumer, saying this proposal by house republicans is a nonstarter but
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there are some bipartisan talks on permitting for oil and gas. we a asking which party do yo trust on the issues of energy and climate. raymond in florida, replican, thanks for waiting. caller: no problem. itounds like 75%-80% of the callers don't trust either one. you have the extremes on the democratic side with the progressives that think we will die in nine years. the other side basically doesn't want to have much regulations at all. people seem to skew or confuse the difference between climate and weather. if you look at the weather in the 1920's and 1930's, the largest storms were not even named. those much stronger than the ones recently. the last point, i feel bad for the kids of this generatn. i grew up like one of the people were saying with the nuclear.
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i grew up in massachusetts. i had a beautiful house i grew up in across the water. i could look at the nuclear power plant in the 1970's when everybody said you were going to die. it used to bother me. kids are going through the same thing right now. you heard kamalaarris talk about climate change. we have to give these people the true sense of what is going on. the earth has been here 6 billion years, we have been around 10,000 years, it is not ending in nine years. let's drop that. you are hurting the kids. that is all i have to say. host: here is harry pennsylvania, i trust the green party even though they have no hope of being realized. we couldn't convincehe majority. carbon burning animals is what we are, that is the crux of the situation.
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what do you say? caller: good morning. during the corona, the reduced traffic was proved to me that humans have an impact on the climate and the environment. the channels in ita got nice and clean. any politician that denies the impact and says it is a hoax, it does not matter if they are republicans, democrats, or go to the extreme, that is just as bad. basically i agree with many of the calls so far. thank you. host: karl in georgia, demoatic caller. caller: good morning.
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we just had something happen in georgia this week. our electric bill came out. my electric bill went down. i don't know how the rest of the country is doing. i know georgia is doinvery well with the rates. host: you don't know why? caller: i know they put new reactors online this year. they went down on our rates. i am really grateful for that. host: how much was it lowered? caller: i believe it was about $20. host: do you have any natural gas in your home or is it electric? caller: all electric. host: you are saving $20 a month? caller: i'm saving $20 a month,
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the gas is down in our area. host: do you think it is because of the president or who do you give credit to? caller: i give credit to the democratic party. i'm a mocrat. i give them all of the credit. biden cannot control the oil compans. they do what they wanted to do. they subdize him. they should be helping us out. host: let's hear fropatrice in south carolina, republicans. caller: thank you for taking my call. when you talk about democrat and republican, it is at the point we are right now with everything , i don't thinkhat -- i think that is a formal decision trying
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to separate the two parties. right now, anybody with eyes and the brain could see 80% or 90% need to be removed. host: what about energy and climate? caller: i believe climate control is a hoax. i have done a lot of research. that is what is going on. anytime they want to create reform, it creates a problem. host: vince in idaho, falls. caller: thanks for the call -- thanks for taking my call. it is pretty early for me. i'm one of your young callers, i'm 63. [laughter] i actually have faith in both
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parties. i think we will get our act together here. it can get serious. we could be fiting wars and you are not going to operate tanks on solar panels. you will not operate solar pip -- battleships. we will do what we can get. like a lot of your callers had the astuteness to talk about nuclear. i worked in that field, they are absolutely right. we have to build these things more quicker then we have been building. we are going to have another plant going right next to it or
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close byhat one. we have to bld these things like we did in the 1970's. we have to get them up online. with american ingenuity, we could use nuclear to provide not only electricity, to provide a seat we will need. if we could turn all of our coal into gas, it is a clean fuel. we have an abundance in this country. we know we have the american way, look at the way we behaved in world war ii mobilizing forces. host: which party do you think could carry out your vision? caller: if you look at history with that, both republicans and democrats could work together to do that. host: you think this could be bipartisan? caller: it has to be bipartisan.
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we are heading toward some moments here, we could be. we are going to need that energy. climate change is not a hoax. host: when you say we could be in a war are you talking about the situation in ukraine? caller: ukraine, china, russia, wh knows. we are going to need energy. host: i'm just going to leave it there because i will follow up on your point with this headline. u may be interested in this. china's preside set to visit putin amid beijing's boulder global role happening this week. let's hear from frank, delaware, republican, good morning to you. go ahead. caller: i believe the republicans are on the right track here. the democrats, all they are
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about is spending your money. they don't care how they spend it. that is how they get by. back in the 1960's when kennedy was president. all these people used to do was sneak and live. now they lie to your face. i'm going to tell you, you have some really dumb people as democrats. look at that guy they elected in pennsylvania, federman, he's not smarter than a fifth grader. host: bob, jacksonvle, texas, democratic caller. good morning to you. caller: good morning, thank you very much last guy was talki about how dumb democrats were. let me tell you this, i started out way back there, when i was
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eight or 10 years old we finally got electricity in our house. the light company wn roosevelt and truman was in office, the light company every year would throw a big barbecue for everyone in the county. the democrats started out on the right foot. that is a little thing i wanted to throw out. host: thas. cedric i illinois, independent, we will hear from you. which party do tst on energy and climate? caller: i am independent. i feel in regards to energy and climate issues that neither
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party contributes as they should because anytime they are doing things as of n, it is hurting not only the world, it is going each and every day. host: it is hurting the world? caller: it is hurting the world and everybody from those who are disabled to the high class. host: "washingt post" with the headline, the house was out is week. the sena advanced a bill to repeal authorizations for the iraq and gulf wars. it has been in place for 20
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years. it is the decades-old authorization for use of military force from the persian gulf wars and an ovwhelming show of bipartisan support. the senate voting 68-27 yesterday, clearing the way for a final vote next week. if signed into law, they repeal the 2000 two iraq war authorization. a bipartisan group of lawmakers support the legislation argue it is necessary to prevent abuse. presidtial administrations that have and still could use the d authorizations to lamp -- launch combat authozations without combat approval. this debate has gone on and on on capol hill. tune into next week's deba on c-span2 on the senate floor when
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they debate amendments and have a final vote on this legislation. joe, tennessee, republican. caller: how are you? you aren't wearing green but happy st. patrick's day. host: i forgot. caller: i live in an area where we have nuclear plants and hybrid plants. our electricills are still pretty expensive. as far as biden goes with the green new deal, they withdrew that in afghanistan so the way i feel about it, nancy pelosi goes to taiwan and takes her son so he could broker a deal where he could have his business for chips. one last thing i would like
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say is the gentleman from georgia, i want to inform him it has been 75-80 degrees. just a possibility he wouldn't be using as much power. host: a story of the "washington times" this morning, this coming from the house oversight committee that is investigating possible biden family ties to china. from page of the "washington times," has the story. quotes in it from the chair of that committee. gil in rally, north carolina -- raleigh, north carolina. which party? caller: it was democrat but what
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they are doing does not make any sense. they are out here trying to take us down from within, turn us into venezuela. it is crazy what is happening. host: mike in gettysburg, pennsylvania, independent. your thoughts? caller: it is hard, i will be honest, i was democrat early in my life. i turned republican. i called in on the independent line because of two issues. american people demonstrated largely when the gas prices go down. it is part of something you want to change in life. you will have energy change in the country running and everything. it will save us money over
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decades and decades. it is a slow churning thing, just like democracy. on climate control, when they talk about bipartisan stuff, you have one or two people from the other party. i don't care what it is on that vote in on something and they call it bipartisan, it is not bipartisan when they do that. it is more or less we had somebody who has that one vote, they favor a vote. what i'm trying to say is that is two different debates. that is the way i think it should be. thank you for your time. i hope i came across ok. host: thanks for calling in. thanks to all of you who called in on this conversation on our first hour of the washington journal. coming up, our weeklong china
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series. after the break a focus on china's human rights record, that conversation with yaqiu wang, senior researcher for the human rights watch. later we get a status report on america's housing sector from the chief economist for the national association of realtors. >> since 19 79 in partnership with t cable district c-span has provided coverage of the congress. from house and senate floors to congreional hearings, and commtee meetings. c-sp gives you a front row seat to how things are debated and decided. with no commentary, no interruption and completely unfiltered. c-span, your unfiltered view of government.
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jourl we been taking a closer look at china and its growing military, economic, and geopitical influences in the world. closing t today we talk about china's hun rights record. with yaqiu wang. thank you for being here. how would you describe the current situation in china? guest: i would say very bad and it has been getting worse and worse since president xi came to power in 2012. host: why? and who do you think this is happening to? guest: i think it isappening to people in china and outside of chi as well. president xi gain power in 2012 and he tighten the grip over the society in all aspects.
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more censorship on the intert, the trading of journalists human lawyers activists rights. and master surveillance. it is the control of the class. th is the kind of oppression against the chinese whi is the majority of the ethnic group in china. and the tibetan region and hers are -- you see one gets most the -- th most attention because of the region. there's 13 million people there and most of themre minities. and the government has carri what we call a crisis against humanity in the region. many people are estimated to be in prison in theamps.
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and many are subject to civilians. d not to mention hong kong. and be is to conan -there is national security over this population. there is all kinds of control over the population. host: last year it was said that china is responsible for serious human rights violations in the regionhat you were talking about area explaiwhat the population is, who these people are, and why the focus on them. why ishina's ship focusing on them -- china's leadership focusing othem? guest: it's very big area in northwest china. there's probably 30 million people there. why, is the government cracking
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downn them? because they are not chinese. they sak a different kind of went and practice a different culture. they have a different religion and the cnese gernment does not li that. the chinese governmt wants them to talk and actike the chinespeople. and traditional they've been a group that joined some to honor me. 10 practiced their own religion. they have their own language. and the government does not like it. in order to change that they have to institute massive control as massive human rights violations in order to tnsform the population into more hunt chinese. -- chinese. ke me. host: this is getting enough attention? guest: i do not think it is enough attention because of the
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scale of the violation and the degree of the violation. but you kw, the words getting -- if you pay more attention and also it i bringing more china addressing the issue. in a way, i'm happy to see this change. because of the scale of this according to the ohchr, the crime and abuses include crisis against humanity, forced labor , forced medication, and forced sexual abuse. has china let outside observers into the area. guest: no, not at all. not in any way. journalist from any international media were t allowed. you kn, you can go there and en the government follows you. so when you try to you a person
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on the street, then there will be the government agent tryg to stop you. it is very hard to do any kind of investigation by journalists or by scholars. there's noenuine access to the region at all. host: were talking about china and human rights abuses all week this morning. been looking at china and the increasing ill and terry and economic geopolitical influence in the world. we went to take your questions and comments on the human rights part of a conversation this morning. democrats,(202) 748-8000 , republicans, (202) 748-8001 , and independent (202) 748-8002 . and you can also text us at text
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(202) 748-8003. or you can tweet at us at c-span wj --@cspanwj. -- take a look at this. >> 1993 begin assisting and appropriating for this. leading this event who has been released as part of the bid for the 2000 summer olympic games. he was early in the u.s. to condition them on china's human rights performance. i interpreted for his meeting with senator john kerry, congressman chris, and the secretary of state. art meeting with the secretary of state allowed the regime as
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we were arrested soon afterward. in the detention center in beijing in the wee hours of many consecutive mornings police interrogated me about what they had said to be u.s. dignitary. they were truly afraid that the u.s. might listen. you can image my disappointment when i heard on allowed speaker inside my detention cell that president clinton had decided to delink the issues of human rights and trade. i was handed a 2.5 year sentence with disturbing social order and sent to a forced labor camp. in the labor camp, the food was poor and we worked2 hours a day. technically, illegal under chinese law. and it is protected. and for that the camp authorities organi other inmates to beat me up.
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the beatings were terrible for tonight and been tapered off. eventually, i was able, with the help of a llow inmate to smuggle a note about my condition of how my mother was affected. to a human rights organization in new york. and america broadcast the story and other media's picked it up. i was asked for on the next trip in beijing. and afte all that my tatment in theamp improved dramatically. host: seen in china -- a senior china rearcher is joing us to discuss this. how common is that? guest: it's very common. if you speak against the chinese government you can be detained. and when you are in prison, you
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are often tortured. but some othe compositions from ts stament you can see that if the inmates speak up or if anyone in the west has heard of their storiesthey check -- prep for change. at least change can happen in the pris. short-term and for her the condition change the message is, i wish the u.s. government would speak up for the political activists that are in prison in china. host: it was almost my luck that she was able to get her story out. sneaking a note out. if you are not able to do that -- how many people are able to do that and get their story told? guest: especially now in the west when you commit a crime you can have your lawyer say you choose and the lawyer can speak on your half in the lawyer can bring your messa into the world.
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but in china the government has pressured inmate prisoners to have lawyers that are chosen. so the government is a buy-in lawyer to you. and the lawyer doesn't speak for your interest it speaks for the government. it is hard for any message that could be brought out by the imprisoned activists. host: let's hear from andrew i houston, texas. democratic caller. we are talki about china human rights abuses. what is your question or comment? caller: thank you for having me. i have two questions. the first is about the people. i used to live in china. i know that there are around 56 or 57 different ethnic minorities. that group is one of them and another one is most -- both muslim. do you think the religion has to
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do with china's persecution of the people? my second question is, as a foreigner who lived in china, i felt durg my time there i was treated well, but i had heard things. how are foreigners treated with regards to human rights by the chinese governme? thank you very much. guest: the first question of whether religion played a role in this absolutely. no doubt. china is nominally communist country. it is controlled by the communist party. in order to join a party, and then the driver -- government tries to control anybody who clashes. i believe in a religion and it plays a huge role. that group and others -- the persecution is not just against
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them it is also the tibetan. they believe input -- tibetan buddhism. it is also catholics, christians, the government tries to control the catholic church and tries to control the christian church and so many believers who chose to have their own independent church that is not controlled by the chinese government they were in jail and detained and sit in -- stenced to prison time. so absolutely religion plays a huge role. and the second question is whether foreigners are treated better, i definitely think if you are from a western country and you are generally treated badly, by the population and the government, and racm played a role. people think the white people are from rich countries. and they, in a way, if you operate in chinese society you
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e a rich person and you are treated bad. and another issue is western governments speak up for their citizens. if you are mistreated in china detained for crimes, the embassy cares about your case. they would bring your case in a communication with the chinese government. that plays a huge role in terms of how you are treated by china. host: with the weaker population thhuman reported that there is serious human rights abuses. the human rights council voted to not hold a debate on the china's alleged human rights violation of the peoe following the release of their own report. can you tell us why? what does it say about the u.n. role? guest: well. the vote is 197. so people outside of china human
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rights issues feel like it is such a disappointment. but because they human rights council was supposed to have a discussion and they huge human rights violation that is happening. that is why a discussion cannot happen. for the people that worked in the field we see this as a victory. becaus theote is so close it is 19 know and 17 yes. it is already a huge change in achievent. because in the past, two decades, thehinese government really, really invested so much. tried to me the un's voice on ina. the chine govement has done so much to align with countrs that share same interestsith china.
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and they try to make the u.n. less critical onhe chise government. i think in the past five years this h been changing. more and more countries ar willing to speak up not just western countries but also countries thatre kd of in the mile. let's say turkey, it is somewhat authoritarian that at e same time the violation carried out is huge -- the huge pulation in china. they have been changing in the u.n. and i am glad to see the change. i hope there will be more and more critical voi arriving from the u.n. that people and countries are more willing to speak up about human rigs violations in china. host: are there a handful of countries that can hold china acuntable? how could they do that? gut: the wtern countries
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have been critical but we need other countries. we need to work with the states and make them come together. if more and more states rallied together it would be more powerful. i think a lot of state that are not willing to criticize china is because of their econom ties with china. china in pistan, thailand, malaysia, nigeria, was ill, all dierent -- brazil, all diffent kinds of countries. and that is a reason that countries are not willing to speak up against china. but we know the chinese economy is not doing that well. china has been retractinfrom other investments in other countrie and so we see it in power countries needing to speak up ainst han rights violations the u.n. or other states like
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this. host: let's get back tohe calls hernan from virginia. independent. caller: good morning. i want to make sure. [indiscernible] how they've been towards a bigger popation. -- which is peaceful. another thing ty practice a colts th advocates violence. the chinese governmen is inking way ahead. so it is a country of system development. [indiscernible] please do not blame all human rights violations all on chinese. in the last 200 years there were human rights violations right in the united date right outside -- united states and right outside my house. host: all right what do you make of his comments their calling the uighur religion occult.
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guest: absolutely not. there was no violence a vast majority of 30 million people live there and they are persecuted for naming their children withhat name. for women wearing a scarf or men having a beard. you can be sentencedo jail for having an app about the koran on your phone. you can be sentenced to jail for 10 years for having whatsapp on your phone. those acts are not violent or in any way that are against the chinese -- china's own constitution and law and they are in jail for basicay being themselves. i mean, in the past, there were violent actions by very local
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groups of people. chinese authorities and chinese people. those are vy small sporadic and not organized crimes of groups at all. and the punishment against uighur -- every uighur living in that rion. host: gemma from missouri independent. caller: good morning. i was wondering we got recently in the past 20 years there's been a big influx of chine students that have come into our universities in this area. i imagine that is going on all around the country. what i was wondering is, is there some sort of a education or outreach program your organization has to me these peop aware of what is going on in the uighur region. because i suspect ey do not
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even know about it. guest: a very good question i am ad you asked. for me, i came to the u.s. in 2009 as an exchange stent. i grew up in china and i cannot get the information i wanted about the uighur region. dhe oer massacre. i came to the united stateto learn about my own country because here you have the freedom of information. and a lot of the chinese they came here had the same perience you are exposed to a brief society and you can get the information that is banned in china. so i think people are tting more information and when i was in the u.s., the people they came from china earlier tried to reach out to me, especially when i was here a tibetan group tried -- they got in tou with me because they wanted to sh me what was going on in tibet. for me, currently, my job is to empower the chinese students to
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make them feel comfortable. you know, you can talk about china. you can get your own group and rm discussions about china. i think, i uld definitely say there are more chinese students who are aware of what is going on in the uighur region. but they are very afraid of spking up because chinese government has its own agents o u. soil to survey and harass chinese students. a lot of people are worried that if you, if i, in the u.s. talk about human rights violations whether my parents in china would be harassed by authorities. at when i go back to china i would be harassed by authorities. peop have all kinds of fears
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and they are unwillg to speak up. i would say, how, in the u.s., a society we are forced in an environment that the chinese people feel less afraid and they can talk about the human rights violation. they feel less afraid learning about the terrible stuff happening in the country. so how do we encourage them? d for the american government i would say, yomake sure the chinese agents are not here -- w you make sure they are not here harassing and intimidating the chinese people here. host: did that happen to you personally? is it happening now? did yourarents, family, friends experience harassment in china? guest: absolutely. i do not want to get into too much details because that es not do well for them. but it is not happening to me but it is happening to a lot of
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people -- it is not happening just to me it is happening to a lot of people that are speaking out about china. they try to take a picture or record a video of you. i said it is only usef if everybody can watch it wireou focusing on me and trying to take a video of me what is the video for? and i think it happens to a a lot of people. host: how do you -- have you reported that to u.s. authorities? why are they -- is there any sort of tracking of these people from china who are here? are they here illegally? guest: i think for a lot of people do not know how to report it to authorities. human rights h been talking to universities. you see them create a mechanism decision message to your studentsn campus. let's say u go to an event about china on the campus
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george washington university and you e somebody is trying to harass you area nobody is trying to take a video of you or take a cture of you area you feel uncomfortable that should be a mechanism by the university that you can report to them and be university should report that kind of incident and send a report to the u.s. government. so there needs to be more that needs to be donby universities and by american government to make sure that chinese students feel comfortable living here. and feel that they can speak up. host: we turn the camera around on them. guest: mean yes. you can take out your own phone and start to videotape them. st: on twitter, is it possie to have freedom ofeligion wiin a cmunist doctrine? guest: i thi it is less about the government itself being a
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communist government, it is about how the government doesn't allow the practice of religions of any kind religion. you can have a communist government you can have a muslim government, you can have a christianovernment, but if the government allows the practice of your own religion by the pele that is fine. but the government and china does not allow this. host: ray from colorado text us to say how can we be sure the criticism of china's record is not directed toward chinese americans? guest: that's a very good question and it is very important right now. i am a chinese person i live in america. i have been called witness to slurs on the street. i do not like this to happen. and i want the u.s. government to make it very clear that the written schi towards china is
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on the chinese -- the criticism towards the chinese -- government. it is not for the chinese people it is about china carrying out its own violations against the chinese people. and making it clear that any kind of racist action ainst americans or chinese nationals leaving america cannot be tolerated. they just need to make clear criticisms and actions taken against china are to the chinese government. and also to make it clear that anti-chinese racism and anti-asian racism in america should not be tolerated. host: dave in minnesota. democratic caller. ller: i he a question for you today. she keeps taing about human rights abuses in china but i want to get her take on the human rits abuses going on i the u.s. with people who have nobeen found guilty of a crime
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are stuck in our psons and subject to abuses. and then she also said that people are arrested for no reason in china. did she watch any of the otests in 2020 where peopl were literly being wrapped up by border patrolgents and police for existing and trying toxercise the first amendment right in the u.s.? host:k, wt do you think of that comparison? gues that is aalid criticism of the u.s. government human rights violation. but china research on human rights watch we also have a progra document of human rights violations in the u.s.. go to our website and we have a a lot of reports covering the criminal justice system in t u.s.. violations with the immigration system. soe do ve a department covering human rights violations the u.s.. it is just that is not my job
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for talking about the u.s. violations. i am not an expert, but we absolutely also criticize human rights violations in the u.s.. host: for our viewers you can go toheir website at hrw.org or you can follow them on twitter at hrw. here is another text. is awful what is going on in china. they go on to write due to china's strict control how does one find out about the abuses? i am soon -- assuming how the chinese in china find out about the abuses. guest: let's first talk about the uiur region. why they canno access the region. they are afraid to talk about and how do we find out what is going on there? there are uighurs who were imprisoned and in detainment
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camps and then they were released and able to flee the country. they are telling their stories and there are hundreds of ousands of them talking about their sries. and then human rights watch a other organizations and media outlets have found that chinese government official documents that arelearly set that we will carry o this crackdown on the people in th region. those with -- doing a, cx, y, z, things. we will do. some of those are the chinese government and they were put on the intern and people are able to pick them out. and then there are satellite images looking numb the sky down on this region -- looking from the sky down on this region and you can see the camps. the use of technologys how we
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utilize to finout what is going on in the region. the rest of chi -- there are still a degree of -- the degree of pressure is bad in china but still those that are able to be on the country and to interview people people can be punished by talking to western journalists. and there is some space to operate. and also, a big venue for how people find out what is gng on in china is the chinese inrnet. it is very centered if you try toalk about human square massacre you cannot find it. but still people try to find a way and use euphemisms to talk about what happened to them and what happened to others. then, sometimes the discussion is so overwlming that they are not up to since her the
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information so they kind of get the information. so it there are some ways a little bit of base people are able to find information. host: on the uighur population youentioned 13 million in that population -- in that region. would you describehat is going on by china as jim aside? guest: we use the term crimes against humanity. -- describe what is gog on by china genocide. guest: we use the term crimes against humani. -- this is forced labor and people that are not in theamp. people have experience force abortions and forced sterilization. there are all kinds of crimes
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taken out against the uighur people and we call it the crimes against humanity. host: what is the distinction? guest: genocide requires an intent to reduce the population. so it is a very technical issue that the legal community is discussing whether there is a crisis against humanity or whether it is genocide. and so our determination is that it is a current crisis against humanity. we just have not done detailed assessment to say whether it is genocide or not. we have not done that kind of analysis yet. host: new jersey independent. caller: good morning. thank you for taking my call. i have a question. this is an article i saw during covid from the new york times.
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it sort of disappeared from the radar and it has been upsetting me ever since. it was about the chinese health department officials going into residence of china apartments after they were taken away because of covid isolation places and they were murdering their pets. there was a video that showed it with a corgi and it was from new york time so i assume it was real. and then i called the chinese consulate and nobody called me back but this -- i was very disturbed by this because you can tell how people are treated in society and how they treat the animals. and that is how the chinese government treats pets. then that is not a very good sign. and i wanted to know what you thought about the article from the new york times about this
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during covid. st: ok we will leave it there. go ahead and answer. guest: yes us all the videos of the corgi who were killed by the health officers because at the time china was under very zero -- strong zero covid policy people were locked down in their apartments. and somehow even the science community already said that pets cannot infect people with workers they just wanted to make sure zero covid. zero covid which included -- it takes to make sure that there is no covid if it means a pit being killed then we killed a pet -- a pet being killed then we killed a pet. i saw the video with the corgi it is heartbreaking.
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and people in china are angry. i quarantined and pets at home are fine. they should not be killed. and i think the common sting that you saw in the timess that there are more in china. people were talking about their pets getting killed and some of them got published and then exposed in western media. a lot is happening in a country at is really bad but not rerted by the mea. host: following up on that michelle in illinois how much had china used covid to control its population? what was the reasoning for not vaccinating its population? e there any reports by the general public in china for the lock and have's the government messaging changed since they were forced to rollback regulations after they witnessed the world moved on in full display at the world cup? guest: this is such a serious -
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and good question. i think the people were very angry when they were on this kind of a lockdown. at that time that kind of lockdown was completely unscientific and abusive. people did not die from covid at that time. but a lot of people died because they could not get access to hospitals, medical care, and people were starving because the food delivery was not running oothly. so they could not get food. after they were confined in their apartments. there was so much anger and then where do you express that kind of anger or protest? you can't. there is no media reli you cannot call a journalist and say this happened to me can you
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write about it your paper? so you can go to the internet but the internet is very censored. if you criticize the government your post can be removed. if you do it into much time the government will try to detain you and if you repeatedly do it you can be detained. is a lot of anger and people know it is right but they are not able to express themselves or hold the government accountable. then, the government suddenly nixed the zero covid policy. a lot of people died because they were not prepared because the hospitals were not prepared to handle that kind of influx of patients. andhen people can go into the government saying accountability -- saying you had this zero covid policy and without preparation you suddenly opened up and a lot of people died.
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and there is no way you can have -- hold the government accountable. in terms of vaccines, that's a good question. why did the government not do enough to vaccinate people when people were on the lockdown? i do not actually know how to answer your question because to me it was obvious the government should do that when the chinese government has so much control over the population. why it didn't vaccinate enough percentage of its population. host: when it comes to human rights, does this headline concern you? china's presidentonvicted the russian president put in a global role with the two othem getting together next week? guest: absolutely it concerns me. the chinese government -- after the invasion of ukraine was cited with the russian government. and it had a change a little bit
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in trying toay it wanted to play -- claim the role for peace. really it is not it is still in line with the russian government. i uld say that there was one journali and he raised a question about chi's chinese government aligning wi russia and then he got sentence to seven mohs in jail for comments on the chinese social dia. you can see how hard it is to speak up againsthe cnese government policies. not just the human rights violations area host: mike in illinois wants to know is it norm for the chinese government to have secret police stations in the united states? and is there a worldwide problem with that? guest: i think it is a worldwide problem with chinese agents. they are in different countries trying to carry out harassment and intimidation against mostly
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chinese living in their countries. it is a worldwide problem. i am glad to see the authorities in different countri are paying attention to this problem and take actions in the u.s. last year the fbi arrested five people who try to intimidate chinese residents leaving the united states. those arrests send a clear message that there will be punishment against the agents -- five a chinese agents at do that activity on foreign soil. and it is in the u.k., australia, canada, every country. i think the government should have more resources to protect the chinese community. i am a chinese living in america. i really want the u.s. government to do more to find
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ouwho are those people trying to silence other chinese people who wanted to speak up critically over the inese government. host: so, barbara in pesylvania. independent. we turn to y next. caller: good morninc-span, thank u. and thank your gas for enlightening us with what is going on -- your guest for enlightening us on what is going on. at my age i do not know a whole lo of what is happening over there but i am curious as to how your education camebout. at kind of schooling you had and your parents, if they decidethat you cou come the united states or the government keeping you from coming and now i will hang up and listen to your answer. guest: i came to the states and 2009. it was a different time.
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i went to college in china and debating something's happened during the time when i was in college. china was a much freer place and the internet was freer i had access to the new yorkimes and c-span. and then there were a lot of other chinese people on the chinese internet talking about democracy. people were very energized at that time and people wanted to make the country be freer and more justice society. so t goverent at that time there was always censorship in china but was not as bad as it is n. at the time, a young person when they were curious they wou go to the intert and talk about things. and in time the u.s. west had democracy and the u.s. had freedom and i wanted to come to learn about this country and to learn new things. that is why a game to the states
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-- that is why i came to the states and that is lying tens of millio of students come to studhere. host: attacks from charles who wants to know why was th president of china -- a text from someone who wants to know what is the presidentf china -- trying to emulate an surpassed satilla rrien system of [indiscernible] guest: the party came to power in a very vital way. it has always been brutal to its own people. in the past 40 years there's been economic development. but then i think as she's eating --xi jinpi came to power with we were allowed to access the internet a have more freedom mae they would be out of contl.
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maybe they do not want the communist party anymore. and that feels very threatening. that is like the president there started this repression and over time became more and more to coney and. -- because they are ve scared of losing controover the cotry. and with economic development the government has the rise of chinese nati. then, that kind of -- repression has been exported into other countrie and that is what -- how, we are, what, the situation right now is where more repressions in the country and the government tries to export that to outside the country. host: miriam in king george, virginia. republican. caller: thank you for having me. i actually med down to florida but i kept the same phone numb. anyway thank you for your bravy and commitment to bring
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the subject to america's attention. my question is, what kind of human rights violations have he either witnessed or heard about that the communi party in china as wielded against christians in china and what do you think --hy do you think communists arefraid of religions that believe in a god that controls the person spiritual life and personal life? thank you. guest: the chinese government is definitely carrying -- has been carrying out crackdowns on its own christian community inhe past 10 years. i came from a province there are a lot of christian churches. and thgovernment has been tearing down those churches and the buildings you can see from the videos that they just wanted to demolish them. and the architecture. it is very sad. prominent christian churches have been in prison ash pastors
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have been imprisoned. one was an outspoken ptor and an outspoken intellectual and millions in china him and years aghe was sentenced to 12 years in prison r having an independent church china. anwhy is the government cracking down christians and other believers about religions? cause the church wants to run independently. people want to believe something th is no conolled byhe chinese government. and that -- any kindf independent thinking independent activity is very threatening to the chinese gornment because the chinese govement fundamentally wants to control pele's behavior and thinking. so if you are ardent christian believer and you believe in god and you do not believe inhe communist party the communist cannot tolerate that.
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host: gives our viewers want to learn more from yaqiwang you n go to hrw.org or you can go to twitter at hrw. that is the human rights watch. thank you for joining us. we appreciate it. guest: thank you for having me. host: when we come back we get a status report on the housing behavior. fromhe association of altors. ♪ announcer: book tv ery sunday on c-span twfeatures leading authors discussi their latest nonfiction book. at 9:00 eastern lawrence -- this individual shares his book.
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where children are not being taught enough civics iamerican hiin school. and aftwords journalt kathleen looks at how and why selling blood plasma has turned to a billion-dollar business in her book called blood money. shis interviewed by reporter olivia. watch book tv every sunday on c-span2 and find a full schedule on your program guide or watch online anytime at book tv.org. announcer: sunday on q and a. texas a&m professor author of fearless women talks about the history of feminism and feminist in the united states from the american revolution to today. >> i realize the crazy myth that has grown on the last about what feminist is. anwe feel so divided as a country today, yes, i realize those working on the project is
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that i'm of them were born in thamerican revolution and it has driven our history and help define it. it contributed to our economic development, social, and political development. and i said oh my gosh how can w let an important thing we bantered about and not really understand history? announcer: elizabeth thomas with her book called fearless women. sunday on q&a. you can listen to q&a on all of our podcast or on the free c-span now at. -- app. documentariesmart luther king junior middle school in maryland where they learn about data privacy and o watch the grand prize and other documentaries online at studentcam.org.
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announcer: c-spanshop.org is c-span's online store browse through our latest collection of c-span products with books, decorah, and accessories. there is something for every c-span fan and every purchase supports our nonprofit operation. shop now or many time -anytime at c-spanshop.org. announcer: washington journal continues. >> lawrence eunice back this morninand he is the chief economist at the national sociation of realtors. he is here to talk about markets and interest rates. good morning, the last time you are on you talked about there being a housing shortage in this country. what is th state of the u.s. housing industry? guest: good morning. thank you for having me. it is less of the case now given
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that buyers have receivethis from high mortgage rates and the fastest rise in mortgage rates in 40 years has led to fewer buying activity. but we still have the ientory. the inveory of homes are still bew 2019. 2019 pre-covid days. so we still do not have enoug inventory even though when one looks at a specific market in austin, denver, nashville, they would say it has doubledut it is doubling from very low levels and that is technically correct but in reality the inventory is still short. ho: are builders building the right type of house? when are homeowners -- looking for and is it the right type of home othe market? guest: the inventory situation is that the builders are active on building apartments. apartment buildings are the highest ranking since the 19
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80's. and thearket is still reay strong but given the robust activity the rent will diminish when this is coming off the rket. single-family home construction i found there was a revival last year before the rise in mortge rates. builders became cautious about single-family home construction and consequently singlfamily home construction currently in the recent months areelow normal ain. right nowit is a mixed picture. more apartment building but less of single-family construction. host: do you predict a glut of apartments? guest: the overall housing unit whether renting or owning i would still classify it as we are still short onousing. but of course there is a desire for people wanting to buy homes. and if they have a chance they want to exit the rental market. but the rental market i think it
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could get a little oversupplied. it takes time to build. once they start building an apartment it takes about two years to complete. right now it is active housing most of them have started so all thcompletion will be in 18 months or two years. host: banking, thanks across the uned stas andther countries do noneed t headlines in the recent days. are there troubles to the mortgage-backed securiti? guest: absolutely not mortgage-backed securities have government guarantee as the u.s. treasury is the biggest asset in theor the nexlevelafest is the government guarantee the federal mortgages. and most mortgages that are eventually sold and consequently government guaranteed. the troub with silicon lley bank and other regional banks is that the risk management. they purche treasuries but
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they were of long duration while when the interest rate ireased they h to pay their depositors 4% by getting a retn on 3% and treasury. that is a mismatch in interest rate risk and it is not a sustainable is this model. host: what are you watching for as the story continues to unfold? guest: belve it or not mortgage res have come down because of the debacle related to some of the rional banks. signature: going under and others. anytime the is a financial market panic people seek out they -- safe assets like j.p. morgan securities and consequently mortgage rates are literallyt 7% and today it is at 6.5%. host: this is the federal reserve they have raised interest rates and they have said that they will continue to do so. what h been the impact on the market, the availability, price, etc.?
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guest: with the fed reserve raising rates they were a little late in controlling inflation. but once he got out of control 9% inflation last year they were forced to raise rates aggressively and mortgage rates shot up from 3% up to 7% by the middle of november. that will kill off the buying market. people wanted to buy and people said $2000 per month mortgage i can handle about 3500 i simply cannot. so people were forced to drop out of the market based on the market and they are beginning to link them. but again we have a shortage of listing in the marketplace compared to pre-covid. host: it went to a high of 7% and now it is at 5%? guest: 6.5%. because othe regional ban
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debacle situation. and i would pdict mortgage rates could go a little lower for the reason that apartment building is robust and rent cannot increase at such a strong rate that it has been. with the increase of supply in rental units, the rent will come down and when the rent comes down, the overall price inflatn will come down. we are all frustrated about egg prices but that is 1% of the budget. 30% of the budget goes into housing and rent. so in ripped calls host: what happens with the homebuyers? call: with flation coming down, would not have to raise interest rates or maybe there is room to cut interest rates. with interest rates declining, yers who want to return to the market. are we going to have adequate supply to meet potential buyers? host: you say no? caller: the supply is not there.
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we run into a problem of prices rising fast. but the rent due toversupply, for ordinary consumer say high prices to buy rent then they say, renting is a better option but om america's perspective, do we want a winter society or an ownership society? maybe we need to consider some of the government spending. ere is a government spending across. including infrastrucre spending to say, weeed to fix bridges but also build affordable housingo people can dedicate some of the government inceive or funding or tax venue to buildore housing including affordable housing. host: ray going to divide lines differently. homeowners, 202-748-8000. were you looking to buy?
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are you no lonr looking to buy it? and why? renters, 202-748-8001. we want to hear from you. what is it like for you to rent? what is the cause? how much of your budget does it take? all othe you can dial in 202-748-8002. what do you expect from the fed chair thnext meeting with a decide wheer or t to keep going on interest rates? caller: it will be teresting giving the regional banks, large banks and regular stress tests to do what happens to the balt sheet if their interest rate rises. due to that many of the rge banks were able to manage better on the interest rate changes. if the regional banks, which are getting suffered, while that's at the balance sheet and tgh call for the fed to raise interest rates which will cause
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additional stress regional banks. host: i want to show our viewers and you with the federal reserve chair how to say earlier this month testifying before the house financial services committee. i spice -- ask about challenges facing first-time minority homebuyers. [video clip] >> i would like to follow up on questions from representative normand because i have a concern about housing costs related to equity and negative impact on minority communities. i think you said in your paper activity in the housing sector continued to weaken, largely reflecting higher mortgage rates. as she mentioned, the rates are higher not only impacting housing, but multifamily house a, and also becoming -- housing and also becoming more difficult for people in my district, 70%
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latino, to buy their first home. the workforce entry-level housing as financing homes get harder and mortgage rates rise the population of homebuyers are skewing towards older, weahier and broader communities and in many cases it is our suburbs. equity firms are buyg out the housing. do you speak about the relationship between federal reserve interest rate hikes and housing equity and what needs to change here? >> we need to get inflation under control so that interest rates can come back down. in the meantime, they are high because inflation is a hurting all american constituents. it is our job under the law to get to restore price stability and keep maximum employment.
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>> is anything else congress can be doing? >> the are a lot of ways in which congress can support people in various ways. that is really in your hands. host: can you answer that question? whatan congress do? caller: one think it's a look at some of the mortgage procts. you want to be sustaining meaning you collect premium from the homebuyers, put it on the reserve so that there is a default very will be able toay off the default. the reserve fund has rose so much because of the exceptionally low default on mortgage holders and one of the think -- what other thing they reduce mortgage is storage premium -- mortgage insurance premiums. popular for first-time buyers
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but that will begin to fade roughly 1000 dear -- save roughly 1000 a year. they can evaluate is there room to go lower given the massive buildup in the reserve fund. the second example is we need more supply. supplies and tax credits for the builders they're trying to hire construction workers by returning lumber. it is hard to build affordable housing. only way to make the numbers work is through tax credit or dedicating snding bill to a dedicate to say we need to build bridges and housing. host: don in massachusetts, independent. caller: thank you for taking my call. this is history repeating itself again. a bunch of globalists, bill gates buying up all of the
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property. you got bureaucrats that are not building by the american people. the world organization who is saying you will not own property and you will be happy. excuse me? host: we are listening to you. caller: in the famousords, you will own nothing and he will be happy. while wall strt is not regulated, which have a new glass-steagall serving regulating international bankers that hide their money in offshore accounts and basically are buying back their stocks, that is why there is no free trade because the corporations are marketing wall street were other companies cannot come in
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and participate. what you got is a bunch of globalists who are dictating policy over vaccines. host: ok. i will leave ithere. guest: what we sawas if the investors, these a hedge funds investors i think ngle-family homes, not to live in. they wanted to buy so they could rent it t which means first-time buyers have to compete wi wall street investors. it is not possible. first-ti buyers trying to qualify for a mortgage ve to go through various processes. some of the institutiol investors have been much me active with rising rent. there's a housing shortage. either prices are risk will be pricg. atlanta is a good example. a ceain neighborhoodn
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atnta get single-family homes but they are all renters. is that the y we want to go? the reason why wall street investors are responding is because of housing shortage. providing more supply just means wall seet investors will not have incentive going to real estate and collecting to other areas. the housing shortage provides incentive for wall street investors to consider gobbling up properties. host: david in wyoming, democratic caller and homeowner there. caller: good morning. thank you for this subject. i recently bought and sold a home in denver, colorado area. my comments are about what i have learned first time homeowner buying and selling the house and how much the realtor fees are and what are the
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asons for realtor to charge 2.9% of the sale which in my case as up to $20,000, all the fees that came about when i sold my house and bought my house. for the same amount of work the house was on the market for one weekend. i made $20,000 for weekend work. when they have a scale that is 2.9%, if they sold the house for 700,000, twice as much as mind, they would've made $40,000 for the same amount of paperwork, which everybody knows the paperwork is about a foot tall. they take advantagof the homeowner, i was a first time home buyer, they took advantag of this and go sign these papers and paying whatever.
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it seems to be cricket a business the way the money. if they sell a million-dollar dollar house, they're going to make $100,000 for the same amount of work. host: heard that point. guest: one great thing about america's competition. the commission rate the caller referred to as negotiable and people were buying higher property homes say in san francisco people say the commission is much more competitive in expssive market compared to an affordable market. it is all that negotiable due to the competition in the marketace. it is fiercely competitive. any given year you have so many new businesses trying to enter real estate brokerage and others leave because they cannot survive. the caller alluded to, during
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that time multiple offer situations, maybe there is still offers. one winner and play night losers. what do other 29 clients and realtors do, start the process all over again. some realtors may work with her client, offers on a dozen homes, not getting paid and the deal is assessed. the good thing about america is competition. that option is always available but america's have said i did not want to do it myself. if i do it myself i do not make as much money. therefore the consumers are 90% choosing to work with professionals. commissions are negotiable. we work with -- host: joining in california. you rent. what is it like? caller: just yesterday i got a notice tapedo my door saying i
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have to me. people have come in, i believe it is wall street, have come in an purchase this building and they are moving low income pele out to renovate the building and move people in with money. i live near the college. saa barba university. were all being put out. host: where will you go? caller: i have no idea. host: how long have you liv there? caller: 2020. i moved in during covid crisis when people could not be evicted. host: all right. guest: eviction process is one of the saddest events some americans go through. not only that, it disrupts the potential for regaining employment. so manissueshat come from
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eviction. for people who are consistently taking advantage and not trying to make rental payments, there is a way -- many families go throug evictions because hardships, to pray setbacks and the government considers what we need to do for the comnity so they have various programs. onof the programs is maybe they need to start building up eviction prevention. if somebody is facing potentl eviction, there is the alternative licy wonk can provide and provide rental suidies to it. one thing we should never consider is to say somehow landlords cannot collect rent because it is not make sense. if we were to say, sohow grocery stores can lower -- can no longer collect fees from were
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-- what they are selling, we can no longer have grocery stores. we need to assure housing is adequate returned but for the government to build up rental bsidies money and look at individual cases, the person on the face of evictio provide rental subsidies so they do not have to be evicted. or in a case where they have to be relocated, we will provide the funds for alternative housing. we still have housing shortage and that is why corporate buyers coming in, bottom line due to housing supply shortage. we need to assure theuilders are n hindered success fully providing housg supp. more homes mean 20 -- principal homes for everyone. host: gary in kentucky, homeowner. caller: gd morning.
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i am a homeoer. i bought my house back in 2020 and i got 3%. anybody thinking about buying a house, 6.5% is not that bad. of course you have to have the credit rating to do that, but i remembery first house i bought back in the late 70's, early 80's, i paid -- i saw interest rates go up to 16.5%. i bought my house. do not buy the house i wanted to -- i did not buy the house i wanted to what i got 7.5% which was not that bad. st: you say 6.5, 7% is not thatad but you are at 3%. uld you move? caller: no. it is an investment property
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now. 6.5% to y another house. no, i would not. 6.5% is not that bad if i needed to. guest: tt is a gd history of rtgageate moment i america. 1970's, 1980's people took out mortgages at double digits. in someases, 16%. strictly high but if you are to ask homeowners -- we talk to their parents or grandparents as a we bought the home at that double-digit re, how do you feel? they would say was one of the best disionsf my life. that was their housing wealth. over time they have built and great thing in ameca, not necessarily available in other countries, when the mortgage rate goes down, one can aays refinance.
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i refinance multiple times. historically speaking, 6% would be slightly bow the historical average. host: do you think we'll ever see 3% again? guest: not in the remainder of my lifetime. even 4% is a long shot for the simple fact we had a covid, emergency stimulus measure coming in, massive monetary policy expansion. if we get to 5%, that is something -- 6% today by year end, 6% is possible. not 3% or 4%. host: betty, alabama. democric caller. homeowner. caller: what is the six right? i am an evacuee cro alabama
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and are supposed to be a house r one dollar 1%. was here before the end of t agreemt. they told us it was overweigh but i bought my house at 6.89% in anger upset -- and i'm verypset because mhouse i boht in new orleans i bought that for 12.9%. en i ce to alabama they told me 6.8% my house is the same d i'm saying how could th be? 12.9% in 1980's and now i come here, did not get what i was omised from the federal government but i am ping a 89% anmy hou note the same. i look at the apr and theaily
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intere rate. st: you're wondering how that could be? guest: four hurricane katrina related disaster that america encountered, i do not know what a special u.s. government program was implemented in transferring mortgages. the mortgages when we refer to the average mortgage rate of 3.5%, those is what most people -- most people take out 30 year mortgage so for 30 years the interest rate would not change unless one refinance. in other countries, they have variable mortgages. in canada, monthly payment may be fixed for the first three years and then it changes depending on the central bk. the central bank raises interest rates, next month august paymen rises. as keys -- and some americans
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have variable interest rate but 90% of americans have fixed rate mortgage, fix payments unless one gives up that mortgage. host: what about paying the principal? if you pay more than you owe each month, do mortgages say you can pay down the principal? does it go to the interest? guest: if one pa more than the monthly required, it is reducing the loan balance a i would encourage pple, pay down the mortgage faster. the mortgas coulbe paid off not in 30 years but in 22 years. whatever excess amount it is directly reducing thmortgage amount. we see some people use that strategy to pay extra compared to what is required. host: mark in staten island.
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good morning to you. homeowner dared. caller: i am 64 years old. i am planning on retiring next year. i own my own house here. realty is good here on the island. the thing i am concerned about the people that i've been selling the houses around me, lots of chinese people have been buying them. i'm concerned about if i do wind up sling my house next year, i do not want to accept money from chinese communist party. i've affiliate that is where this money is coming from -- i have a feeling that is where this money is coming from. guest: in canada because of the hoing shortage and they have many people of chinese ancestry say from hong kong, a
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pro-america, taiwan, pro-america, and melenchon island -- mainland china. the canadian government put a huge tax to say if you are not a domestic buyer, you will pay an additional 15% so one way to deter foreigners from purchasing and how about the local counity with tax revenue is to put that tax on foreigners. in florida, there are beginning to consider whether or not they want to do that but in other states, like new jersey, they say we welcome anyone who can purchase whether domestic or international purchase. how one feels about it maybe one wants to talk to lal elected officials or member of congress on this . but in the u.s. the foreigners
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who go to the legal process will be able to purchase rental properties or maybe their kid in u.s. universities and ey want to buy condominiums. host: it is not just canada. it is england. other countries have attacks if you are a foreigner a what the purchase in their country. -- other countries have a tax if you are a foreigner and you want to purchase in their country. guest: because of the housing shortage, in vancouver, there artrying to limit but if they had excessive housing, it would not be an issue. becomes an issue when there is a lack of supply. alice, in florida. caller: hi. st: go ahead. caller: i'm a retired person that got hit by the hurricane recently and we have considered building.
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if i had a propertyvailab, i have enough money becse they had to sell my house at a loss but i have money from it, would you be a bad time to build? guest: we have a housing shortage but one thing to consider as you mentioned the hurricane, what is the cost of insurance? insunce rates are rising and more hazardous regions say huicane or floodg. we want to have a sound system. tient be -- people should believe in areas without the risk of flooding or hurricanes. we do not know when tornadoes or hate or wildfire. in ranm events we have normal property iurance but if you're consideringuildin one factor you should consider is the insurance cost. but overall we have a housing
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shortage. any building wod alleviate some of the shortages that is currently in place or continue to be place. host: what about the situation in florida with homeowners insurance and people not being ab to get it in that state? how is that pacting housing? guest: the florida market is the one that is most robust whether it has people not feeling the natural disaster risk but people are continuing to move into florida. the job market is strong. fortis real estate market is strong even though the property -- florida's real estate market is strong even though the property rate is rising. some people are have a difficult time. host: we go to connecticut. cham. caller: good morning america. i am a home owner, renter, and investor. my question is when is the
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federal government and congress going to put the power -- give the power to the public for ownership of the property? but i have notice is that -- what i have noticed is the power is being given to the banks to make more money on higher interest rat and what they are doing is ready mortgages and selling them off at a higher so they can make more money. it is a vicious cycle that is not ending and homeownership is dying in our country. host: let's talk about that. guest: in america, becae we live in a democracy, we mentned the issues of our elected officialsnd americans said, middle-class americans, hard-working said we should have
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a decent shot at buying a median priced home, not an aspects of home -- not an excessive home. one way to go about is so short run edges readily available. government guaranteed. because of the government guaranteed when government at a certain percent, three point 5% on 10 year treasuries, mortgage rates will be a little bit above that because of the government guaranteed. it is much larger spad than normal and high. if we had the normal spread because a government guarant, mortgage rates will be at 5.5% and we would have more at in america. is it due to lack of competition among big banks? what are some the marketplace?
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mortgage-bked security invests do i buy hha mortgages you begito thi you have governme guarantees so the borwers cnot repay,he govnment ll pay so i am safe thcompetition shodn't lead to nmal spread buthere i exceptionally large becau the higherortgage rates for coumerslargerrofits for large banks. there is the abnormal spread currently. host: what are your concerns are predictions to what banks will do with mortgag in the coming weeks, mons and years? guest: they would doheir normal thing which is they will hold in their and others selling to the investors and the vestorcould be wall street firm. he said it all to the investors and that provis liquidity -- you sell it to the investors and
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thatrovides liquidity. liquidity is not as steep on the mortgages even with government guarantee in rect months. historically -- host: why? guest: the government borrows at 3.5%. we notice historically that middle-class americans should be able to borrow, buy a home at 5.5%. the spread is a two 2% difference. the spread today is a 3% different. the consumer is suffering. why? like a competition among the big banks. some people say federal reserve being aggressive rising interest rates to pass. there is a shock to the market leaving friction in the marketplace. i expect the abnormal spread disappear over time maybe within six months d if that is the case mortgage rates will be much
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more favorable to consumers. st: grand in savannah, illinois. rater. what is it like -- a renter. but is it like for you there? caller: where i live the market seems to favor the homeowners. in my case i live in a place own by a slum lord. i notice after returning here from being gone for 20 something years that you have more airbnb's and you have little choice for renters. your only choicif you want to rent as rent from some of someone who does not take care of the home.
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that is one pattern i have notice. looking around the area in midwest where live and see economically really depressed areas. then there's other social problems along with that. it is a complicated situation. i'm in at layperson this point in my life and i don't know if it makes sense to try to buy something here when i'm 72 years old. guest: is he the industrial midwest with a tough job market condition, you have -- we remember the great recession of 2008 all the weight to 2010 period. it was a great depression for 10 years. some spit town that jobs are
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gone -- jobs were gone and it was a difficult environment. burst out of the seat job revival in the midwest. -- we are starting to seat job revival in the midwest. we are starting to see jobs recovering create maybe because homes are so affordable in the midwest, some of the office workers who have the possibility to work remote may say i don't want to pay haven in new york or san francisco, i'm going to buy a mansion in michigan. maybe seeing a trend towards the affordable market across the country from increasing pattern of the remote work possibilities. host: kathy in california, democratic caller and homeowner. caller: good morning. i recently repaired my room for 5,000 in the house next door to meet with up for sale and it
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took them a couple of months to fix up the house. could you make a comment about what it takes to fix houses up that he's fixing? guest: everyone makes an evaluation on remodeling. some people want to remodel because they think the extra space or have a better condition. one of the most satisfying aspects after completing the do it themselves remodeling projects is they have the extra roof but the work involved is so satisfying. once it is completed, it is fun and so satisfying. there is that intrinsic value that comes from doing the remodeling work. related to the market, many of the remodeling activity, say $10,000 to do the kitchen marble table, in selling the home, they
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may be able to get most of that value back. he invested $10,000, homes can be sold for $8,000 more. most of that to be returned to the homeowners. host: if you cannot get it all back, why do it? guest: for the enjoynt. host: anthony in minneapolis. caller good mornin i was cling,'m not sure if you toucon thi issuer not but nvolvedeliberate discrimination. i notice a cafornia bank fac a lawsuit for 31 million for discrinating against black poteial homwners.
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alsoin minneapolis here,he realto- for thessociation me out publicly it issd a huge apolo in a ess conference abouthe deliberate discrimination tt wereaken place. also, wells fargo said it they ll come out in support more diversity in their lending practices th minorities homeowners or potential homeowrs, however a lawsuit was fired shortly after that by areholders of wellsargo due to their discrimination. also, the apaisal values centlyade hdlines where black homeowners camand had peop come out and eate their house as he ters of renancin they received que- intests of
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refinaing, ty receive a quote anthey h a whi colleae tendo be the hoowner andhen the appraiser showed back up the valuef the home nearly doubled. i'm wondering if y can touch on that and how i n be encouraged to potentially purchang a homor is this something i am going to have to experience long with my future and i'm gointo have to share that with my grandchilen, just be discoured when you go to the situations? thank you so much for taking the time ve a great wkend and safe holiy. est: very great question. my parents were born in korea. ma asian americans immigrants came to united states after the passage of the civil rights act. we have to recognize the true facts. they were redling. to s one cnot sell homes to minority hseholds in this
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neighborhood. those existed in arica,ut thanks to the rk by martin luthering in order to provide a fair housing ac was passed. for example, ages were living in asian towns, chinatown and others because of discrimination that existed but since the passage of the fair housing act, the agents can live i communities all in the suburbs. even itoday's environment there are still some implicit bias to say, no it should not go to that neighborhood. one of the things we do with our ability members as we have a training program to assess not only about the past discrimination but some of the today's issues, implicit bias where people may not intentionally discriminate but
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somehow out of habit. as consumers, 1.5 million realtors o there, if your brother is doing something wrong, say goodbye. due to the competition, pick out a realr that will provide the best service for your need. there is competition in the rketplace for they will estate service. host: blender -- georgia. hi, doris. caller: i'm an advocate of the usda loans. i hope you will touch on that. explain to people that are not that well educated in the real estate market the opportunities usda has saved myeck. right now 'm in a house getting
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3% loan on. i was able to get a grant to rehab the house. it is raised the value of my hoe almost three times what it was when i fir bough it 22 years ago. i'm a little bit worried now these unstable interest rates i i should try to refinance with my income, would that be a wise decision or stay put? host: what is your interest rate? caller: 3%. guest: with 3%, you do not want to give that up but somehow if you do need the cash whether you want to help out other family members and you need that extra money, maybe someone is facing hardship and you need to get some cash out, refinancing even a higher interestate so people
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do because they need the extra housing wealth tied up with their housing. regarding the power of agricultural overall, most americans live in midmarket to say in the surrounding suburbs but in the role communities, these are very stable. very little movement in home prices. a steady gain not a wild fluctuation. consequently due to thmarket steadiness, the rural homeowner say zero down payment product. many of homebuyers in rural communities become homeowners and steadily build wealth prices do not fluctuate wildly and steady gains.
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host: thank you veryuch. we always appreciate the conversation with u. guest: i enjoyed it. thank you. caller: when we come back open forum. any public policy issue on your mind. you can dial in or text us or post on facebook or send us a tweet. we will be right back. ♪ >> the name of america, which belongs to you and your national capacity. >> fourscore and seven years ago. >> asked not what you can do -- which are because you n do for you. >> president delivered speeches and all saturday watch our 10
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part series speeches that defined a presidency on american history tv. the words ofashington and abraham lcoln and barack obama . this week ronald reagan 1981 inaugural address declaring the government is not the solution our problems. government is the problem. in 1984 on the 40th anniversary of d-day president reagan spoke recognizing the veterans. >> behind me is a memorial that symbolizes the dagrs thrust into the top of these cliffs and before me the man who put them there. these are the boys. >> watch our 10 part series, speeches that defined presidency saturday at 9:30 a.m. and 9:30 p.m. eastern on american history tv on c-span two. >> who killed jane?
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she was a wife of former railroad magnet, governor of california, and a u.s. senator. junior died at age 15 in 1884 of typhoid. in his honor, stanford university was born in 1891. why all these years later is there a book about who kled the staffing family? severed university press are chasing this mess -- mystery for several years. author and professor richard wright on thispisode of book notes plus. book notes plus is available on the c-span 3 mobile app wherever you did your podcast.
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>> "washington journal" continues. host: we are back in open forum for the remainder of "washington journal" and any public policy issue or polits you can talk about this morning. the divided lines democrats, republicans, and dependenc let's begin with the testimony from secretary yellen on capitol hill. janet yellen declares bank system is sound as new rescues are ordere that last bit making the front pages of the newspapers across the country. bigger banks moved to rescue first republic. that bank rescued by j.p. morgan chase citibank america wells fargo and others yesterday. that followed janet yellen testimony on capital hill. here is what she told lawmakers. [videolip] >> with the deposit in evy community bank in oklahoma, gardless of their size be
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fully insured now? are they fully recovered, every mentee bank in a oklahoma get the same treatment that svb just got or signature nk? >> the bank only gets about treatment if the majority of the fbi seaboa, -- fdic board, super majority of the fed, and i in consultation with the president determines theailure to protectninsured depositors would create systemic risk and siificant economic and financial consuences. >> what is your plan to keep large depositors from moving their funds out of community banks into the big banks? we have seen the emergence of banks over the past decade.
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i'm concerned you're about to celebrate that by encouraging anyone who is a large depositing community bank to say were not going to make you whole, but if you go to our preferred banks, we will make you whole. >> we are not encouraging. >>hat is happening right now. >> that is happening because depositors a concerned about the bank failures that have happened and whether or not other banks but also failed. >> it is happening becau if you are fuy insud no matter the amount if you are in a big bank. you're not in a counity bank. >> you were signature if you barely met the threshold. >> we thoughthere was a
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serious risk of contagion that could have bught down and triggered runs on many banks. that is something given our judgment is the banking system overall is safe and sound depositors should have confidence in the system and we took these actions. host: from capitol hill yesterda treasury secretary testifng befe lawmakers. banking dominated the discussion. you can talk about that this morning. if you missed yesterday's hearing go to our website c-span.org and you will see gold stars that denote key moments from yesterday's aring. you can follow us on twitter as well at @cspanwj. reeated out many of those moments. in other news, usa tod house
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gop sa hunter biden and others got 1.3 million dollars from buness associate link to china. the house republicans announced thursday president joe biden relative received a combined 1.3 million from business associate with links to china. that is in the investigation by the administration has the biden administration has them is as politicay motivated. hunter biden, the president's son, james biden, the president brother, haley biden, daughter in law, and a fourth unnamed relative. the money was paid out after walker received a $3 million wire transfer from a chinese company, according to the panel. this tour is also on the front page of the washington times. we'll show you that with the breakdown of how much each of the bite is the names in this report -- biden's name in the
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report of how much received in the wire transfer. related this story in the washington post, hunter biden sues laptop repaiowners citing invasion of privacy. open forum scott in indiana. what ion your mind? caller: i read the introduction of banking of the federal reserve. evythingeposited as the -- is dupliced in the federal depository. y do we need to bail out banks and there's alrdy a dosit i thfederal bk on tir sets? host: the washington post advance a bill to repeal the military authorization for the rocking golfars, tse deces
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old military authorizations have been used for other litary operations and the senate yesterday made the move toay, no more. the bill is going to come up for the date on amendments and final bows next week. tune in to c-span two for gavel-to-gavel coverage of that. scott, we tked to you. we are taking your calls in open form this morning. keep calli in this morning. will wait for more calls or any public policy issue or politics. while we wait a washington post editorial page of this morning. social security is bken. fixing it does notave to hurt they say. e longer the nationays to stabilize this program, the more it is going to cost. they say social security spent one point 2 trillion in fiscal 2022.
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21% of the total t washington spent for all purposes. 1.2 trillion very the washington spent was on the social security. the congressional budget office estimates social security price tag will nearly double between now and 2033. tent years. 224% of federal spending -- 24% of federal spending. editorial board recommending changes. here are some of them. the changes below would reduce the total schedule benefitby 5%. but increase payable benefits by 13%. they would increase taxes by 13% and reduce the overall social security age by 87%.
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-- the social security gap 87%. to do that, to close the gap, they say slow the benefit grove for the top have owners closing the gap by 36% per year gradually increase the retirement age closing the gap of what it calls veus what it brings in by 20%. and another big chunk would me from subjecting 90% of wages to payroll taxation. another 24% would go to closing the gap. randy in texas, independent. what is on your mind this morning? caller: i notice you ran a couple of newspaper headlines that had 1.3 million to the biden family, but i did not seem like you guys are too concerned about the 2 trillion given to
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jared kushner for absolutely nothing. that is my comment. thank you. host: peter in brooklyn. hi. caller: good morning. i want to make a comment. we saw what happened on the hill yesterday with republicans speaking out against the bailout, how it is going to cause problems down the road. host:id y watch the hearing? are you rerring to janet yellen's testimony? caller: absolutely. when we had the great financial crash i worked for citibank and what see is we have a problem that is going to boil over where people moving capital from small banks the big banks because now they are afraid of a slight deposit coming out. it igoing to cau a ripple effect where people are unsure where to bank. host: mike in louisiana.
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what is on your mi? caller: good morning. i would like to talk about the fentanyl crisis. watching on c-span on public affairs, you had a nikki haley on recently and i think she was doing a town hall in iowa. sh charactized, she came out using the military to fight the fentanyl crisis in mheart goes out to 40,000 people have died. really got me to thinking was she charterized the fentanyl crisis when she said these are not drug addicts with needles in their arms, sheaid these are charactering a person who es from a fentanyl, high hool students who may he adhd and its getting a pill for my
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friend so they can concentrate on their stues better. i got me this thinking in other words people who are dying from fentanyl overdoses, we are not using the term drug addicts. were not using the term drug abuse. i'm 75 years old. it made me think as the 60's an 70's we had heroin overdoses and i lost some relatives. we called them junkies. in the 80's we had the cocaine idemic, same cartelupplying the drugsnd we called them coke has and thewere snorting -- coke heads and in the 90's we had the epidemic and we increase the penalties ended mandatory sentencing's and we called them crackheads. inhe 21st century, same
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cartel, different product, and the same carteln the 21st century and the product is now fentanyl. people are not shooting, snorting, smoking, they are poppina pill. now all of a sudden we are using the military -- we are wanting to use the military. the same cartel that has been around for 60 yrs. theyre terroris. it speaks to me the way our country looks at how we are handling things. fentanyl abusers are not drug addicts. they are victims. ho: richard in arkansas. republic. caller: i am here. host: we are listening. caller: have a thing on my mind. it i slowly increase what we have today. 30 years ago my children in high
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school would go to the flagpole every morning is a grace and pledge allegiance. the school stopped that. they stop everything. i need to go to the basics. reading, writing, arithmetic. screw all the other crap. host: related to social security editorial in the washington post this morning, front page of the new york times, the cree alters pension as rates build create mail macron worried that france parliament would not improve raising the retirement age to 64 from 62 years old. he opted to rammed legislation through on thursday without a full parliamentaan vote. a decision starting to inflame a tense decisn over the measure. host: in maryland. good morning to you. caller: thank you for accepting
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my call. you had an expert this morning about climate change. whether or not trust the democrats or republicans and who should you trust. my answer is nther pty. pele areot undstandi sothing. believe in scis. i believe in tse people who are going to graduate school, getting dr. degrees, researchers that are doing the science after what is going owith our climate. i understand people are saying maybe it is how things are. it is a natul process. but to be onis i'm gog to believe in the science. i'm notoing to believe in politians that do not have any experience and/or research on the subject.
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i would rather go with what our environmentalists, researchers, what a doctorates doi t determine the information that is needed to do what weeed to do with the planet. it has nothing tdo with politicians but it has everhing to do with people hang the host: thank you all for watching is morning on this fray. we will be back tomorrow morning 7 a.m. eastern time. [captions copyright national cable satellite corp. 2023] [captioning performed by the national captioning institute, which is responsible for its caption contt and accuracy. visit ncicap.org]
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