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Roger Stone Political Strategist & Consultant

The Greatest gift for this holiday to Americans would be a cut in interest rates.

Aired on 77 WABC 11:21 More with Stone

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Transcript

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Speaker 1 Sunday morning, Independence Day weekend. What the heck is going on? Well, there’s nobody better but his ears to the ground in Washington than Roger Stone. Roger, there’s so many things going on Independence Day weekend. This year’s two hundred and forty nine.

Next year is two hundred and fifty. It looks like our country has been saved by President Trump. Tell us what you’re feeling this weekend and tell us what the major items going forward.

Speaker 2 Well, John, I think the greatest single gift that could be given to the American people to celebrate the fourth of July would be an interest rate cut by the Federal Reserve. I mean, right now, Chairman Jerome Powell is refusing to cut interest rates despite the fact that the inflation rate is actually lower pardon me, higher than it

was when they last cut rates in order to try to facilitate the election of Joe Biden. Now you add to the fact that Chairman Powell got caught lying under oath to Congress about the two point five billion dollar renovation to the palatial Federal Reserve headquarters in Washington. Told Congress, no, there’s no private dining room for the governors. There’s no

private elevator. There are no lavish roof gardens. One in fact, all of those, all.

Speaker 1 Of those Roger, let me swallow slowly. Two and a half billion dollar renovation.

Speaker 2 Yes, it’s absolutely extraordinary. And you know, the American people are struggling to pay rent and to buy groceries. So a shot in the arm for the American people here would be would be an interest rate cut. If you cut rates for Joe Biden when the affliction was actually lower than it is today, why not cut rates on

the American people other than political bias. He doesn’t want the Trump boom economy. Now you compare that with the possibility of the election of a mayor, ma’am Donnie freezing rents. Landlords won’t be able to upgrade or maintain their properties.

There’ll be no new construction, there’ll be no new housing in New York. It’s potentially a disaster.

Speaker 1 And he has politicized the FED right now, and it’s hurting the real estate industry, it’s hurting the smaller banks. Wire is tragic.

Speaker 2 I just don’t know how they continue to justify a cut that would help Americans across the board. Whether you’re trying to rent a new apartment, where you’re trying to buy a new home, whether you’re trying to buy a car.

It’s time for this guy to either cut rates or resign. I don’t think the President has the power to fire him, unless, of course, there is cause. If the Congress, which I think is now going to investigate, determines that he lied under oath about these renovations to the FED headquarters, that would give the President the excuse he needed to fire him.

Speaker 1 Absolutely. I mean, if he liked the Congress, and I’m sure everything is recorded, then that he’s very serious. I mean, one of the problems Roger and me and you have been around forever, is nobody in Washington goes to jail.

Speaker 2 That is a true statement. I’m still trying to figure out why no one has been prosecuted in the so called Russian collusion hoax. Special Consul John Durham and his final report definitely concluded that not only was there not any Russian collusion, but there was an active plot within the Biden administration perhaps the greatest single abuse of power

in American history, certainly the greatest dirty political trick in history, in which they used the full authority of the United States government and the extraordinary capability of our intelligence agencies in an illegal and illicit effort to remove a duly elected president. Donald Trump and Vice President Joe Biden was in on it. Barack Obama was in on it. The

Supreme Court decision on immunity might protect him, but not Biden. Susan Rice, the National Security Advisor, was in on it. James Comey, the FBI director, was in on it. John Brennan, the CIA director, was one of the major orchestrators. Andrew McCabe, the number two guy at the FBI. Yet none of these people have been prosecuted. And Roger on the sidewalk,

you know.

Speaker 1 They are all the rest. They’ll put you to jail and solitary confinement. I mean, Roger, I mean, we still don’t know yet. And the American people should know who in the White House was calling the shots, because who allowed a million criminals to come into the United States.

I could swallow migrants, I could swallow. I could swallow migrants that are coming in undocumented that want to work seventy hours a week, but I cannot. I cannot swallow allowing drug dealers to come in, murderers to come in, and criminals to come in. What say you, I.

Speaker 2 Think that I’m against the legal immigration across the board. Obviously people lose Siten. It’s not just the criminals and the gang bangers and the gang members, it’s also the drugs and the weapons. John an extraordinary amount of sophisticated weaponry coming over our southern border. I think the real number overall is closer to thirty million than it is

twenty million. Relying on some experts that I confer with and public officials like, for example, you know mister mam Donnie who says that he will stop ICE from making arrests in New York City. Well, that’s a crime, and if he interferes in an arrest, he too would be arrested.

Speaker 1 Absolutely, What else do you want to get off your chest? On Sunday morning? And I know you’re preparing for your show Sunday afternoon at between three o’clock and five o’clock on the entire network of Red Apple Media and on w a BC. What’s on your mind?

Speaker 2 Well, interest rates are really going to be a centerpiece of it. And I show POULTI, the head of the Federal Housing Finance Administration, joins us to talk about these charges against Powell, as well as making the case that the atmospherics, the optics, and the statistics for an interest rate cut are better now than they were the last

time the FED cut. And then frankly, we’re going to focus on the mayor’s race, where I don’t think things are broken down between Republicans and Democrats. I think the breakdown is between people who are literally insane, people who want to defund the police, open the prisons, open government owned grocery stores, and the sane people who want you know,

law and order and who want stable neighborhoods and who support the police. And my fear is if the if the vote of sane people meaning non insane people is divided in three ways, that well we may elect our first socialist, if not communist mayor.

Speaker 1 You know what the definition the definition of socialist is he’s a communist that doesn’t have a gun.

Speaker 2 Well, ma’am Damie’s case, I think he’s a communist, but he’s just chating the party out of their dues.

Speaker 1 And I think he read the Fidel Castro manifesto and I think that’s what he’s doing because you know what happened in Cuba, me and you were close to that situation. You know what happened in Venezuela, I mean Hugo Charez and Fidel Castro lied to the people and Cuba went broke.

Venezuela went broke. Well, better to talk about better things on foot of July. What are you doing forth of July weekend?

Speaker 2 Oh? Of course, we’re going to barbecue a few burgers. You got to have a few burgers, maybe a few hot dogs, little potato salad, all of the standards. Look, I think overall, President Trump is doing an amazing job. The courts have now I think, cleared the way so that he can continue and even step up with the deportation

of dangerous illegals. They told us that there were no trade negotiations going on with Chinese. Now suddenly we have a deal. I think the big beautiful bill, which I will make this case later this afternoon, does have eighty eight percent of social Security recipients will get a break.

We’ll have no taxes eighty eight percent out of disinformation about that, So I think we have much to be thankful for on this.

Speaker 1 Quest and between us, I’m I’m really annoyed at some of our US senators that did not did not go with the president on the bill in the Senate.

Speaker 2 Well, it’s not the mail’s not perfect. We both recognize that. But there’s still time and conference to fix some of those parts of it. I think, for example, the states should be able to relay to regulate artificial intelligence. I say that as a guy. You can go online on social media and find fifty videos of me saying things

that John I never said.

Speaker 1 That’s a crime. That’s a crime. I agree with you one hundred ten percent, you know. I mean, I’ve seen stupid videos too in the name of fun with the President Trump singing and things like that, but that’s artificial intelligence should not be used for that.

Speaker 2 Well, I think there can be. Some states are beginning to restrict this. There is a Fake is a Fake Video Act that’s passed in a number of states. People shouldn’t be able to put words in your mouth. It’s dangerous and I think you’re right, it’s criminal.

Speaker 1 Roger Stone will be listening this afternoon between three and five. God bless you, God Bless America.

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Roger Stone The Greatest gift for this holiday to Americans would be a cut in interest rates.