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3 Martini Lunch

Biden's Money Problems, Census Errors Boost Dems, More Pre-Emptive Pardons?

3 Martini Lunch

Radio America

Politics, Daily News, News Commentary, News

4.61.4K Ratings

🗓️ 6 December 2024

⏱️ 24 minutes

🧾️ Download transcript

Summary

Join Jim and Greg on 3 Martini Lunch as they wrap up the week with three crazy martinis: Biden’s pardon of Hunter hurting his library funding, the 2020 census unfairly aiding Democrats, and reports of Biden being urged to consider more pre-emptive pardons.

First, they discuss Democratic donors expressing outrage over President Biden pardoning his son, warning it could drastically impact contributions to Biden’s future presidential library. These same Democrats suggest Biden should temper his expectations for the size and scope of the library project. Meanwhile, Jim wonders what achievements Biden could even highlight from his presidency.

Next, they shake their heads as a new congressional report concludes the 2020 U.S. Census overcounted in several mostly blue states and undercounted in several mostly red states, meaning the Democrats have a slightly unfair advantage in the congressional map and the Electoral College. The numbers are further impacted because the Trump administration was barred from asking whether residents were citizens.

Finally, Jim and Greg are alarmed by reports that Biden aides are urging him to issue additional pre-emptive pardons for figures like Dr. Anthony Fauci, Liz Cheney, and Adam Schiff. They debate the potential fallout and Jim even suggests a constitutional amendment might be necessary to prevent abuse of presidential pardon powers.


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Transcript

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0:00.0

Explore the issues driving the future of our planet with the 2050 investor podcasts.

0:05.0

What role do the oceans play in the carbonization?

0:08.0

How can support influence planet decisions?

0:11.0

Is nuclear power the key to a carbon-neutral future?

0:14.0

My name is Koku Agbublo, global head of economics, cross-asset and quant research at Societegenerale.

0:19.0

Each month, I bring a survey of the macroeconomic trends impacting the market

0:23.6

and invite you to join me in deciphering today's trends

0:26.6

in order to better face the challenges of tomorrow.

0:32.6

Welcome to the three-martini lunch.

0:34.6

Grab a stool next to Greg Carumbus of Radio America and Jim Garrity of National

0:38.9

Review.

0:40.6

Three martini's coming up.

0:43.2

Hey, happy Friday.

0:44.4

Glad you're with us for the three martini lunch.

0:46.8

All crazy martinis to close out the week, but there's certainly a fun element of good

0:52.3

in the first one.

0:53.8

I'd say in the second two,

0:56.1

it's more frustrating than fun. But we'll get to all of it. And Jim, when you're thinking

1:01.0

about the Biden pardons, I mean, this started Sunday. We're doing two more stories on it today

1:06.8

because it just won't go away. The Republicans are furious. The Democrats are furious.

1:11.3

And then in the middle, you've got major, major questions about the 2020 census and how it's

1:17.6

apparently benefited Democrats, which is interesting since it was run during a Republican administration.

...

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