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The David Pakman Show

5/16/24: Stocks hit new record, Trump PANICS about RFK at debates

The David Pakman Show

David Pakman

News, Politics

4.86.3K Ratings

🗓️ 16 May 2024

⏱️ 62 minutes

🧾️ Download transcript

Summary

-- On the Show: -- Federico Finchelstein, world-renowned expert on fascism, populism, and dictatorship and Professor of History at the New School for Social Research, joins David to discuss his new book, "The Wannabe Fascists: A Guide to Understanding the Greatest Threat to Democracy." Get the book: https://amzn.to/3wJL5TW -- The stock market hits yet another all time high under President Joe Biden, acutely panicking the MAGA right wing -- Debunking the false notion held by some that Joe Biden and Donald Trump are effectively the same -- President Joe Biden's challenge of Donald Trump to multiple presidential debates appears to have broken the brains of right wing commentators -- Debating Joe Biden could massively backfire for Donald Trump -- Hugh Hewitt's softball interview of Donald Trump goes horribly wrong as Trump is unable to behave coherently -- Donald Trump appears terrified at the possibility that Robert F. Kennedy Jr. could make the debate stage alongside Trump and Biden, but a review of the facts makes this seem very unlikely -- Voicemail caller's mom is descending into a conspiracy theory spiral -- On the Bonus Show: Target scales back LGBTQ+ merchandise ahead of Pride month, more Americans falling behind on credit card bills, crew trapped on Baltimore ship seven weeks after bridge collapse, much more... 🧦 Strideline: Use code PAKMAN for 20% off at https://strideline.com 💪 Athletic Greens is offering FREE year-supply of Vitamin D at https://athleticgreens.com/pakman -- Become a Supporter: https://davidpakman.com/membership/ -- Subscribe on YouTube: https://www.youtube.com/thedavidpakmanshow -- Subscribe to Pakman Live: https://www.youtube.com/pakmanlive -- Follow us on Twitter: https://twitter.com/davidpakmanshow -- Like us on Facebook: https://www.facebook.com/davidpakmanshow Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Well, how about that stock market, ladies and gentlemen, MAGA in shambles as stocks yet again hit an all-time high this is a new

0:18.3

episode unless it's a rerun it's just that once again under the stewardship of President Joe Biden stocks have hit an all time forever high.

0:30.6

Here is Fox News, on Fox Business, reluctantly acknowledging what it is that is taking place

0:39.6

here and it is remarkable, I have to say.

0:42.1

The new record closed for the Dow the Dow up 342 record closed for the S&P and the

0:48.6

NASDAQ my goodness all sorts of records are records of breaking today.

0:53.0

It must be that because they know Trump is coming back.

0:58.0

They are buying stocks and that's what's driving up the value of stocks right no matter how much you or

1:06.0

I credit a president with the stock market numbers we were told by Trump that under Biden it would crash like the 1929 depression and it didn't

1:19.5

they are the liars and so we're going to have a conversation in a moment about how much do presidents have to do with the stock market

1:27.8

You all know me. You know I don't play politics with debt and deficit. You know I don't play politics with

1:34.6

gas prices. You know I don't play politics with the stock market. Presidents have

1:38.9

some influence over these things but not massive, but importantly, they, the Maga Right, are the ones who told us.

1:49.0

It will all collapse under Biden, and it didn't.

1:52.3

Now, I do want to remind you Trump when he was

1:55.4

president and the stock market did well he gleefully took credit for it gleefully

2:01.4

now of course he doesn't give Biden any credit. Now it's

2:04.4

well. Stock market is doing well, but it's because voters believe I'll be

2:08.5

back and therefore they are confident. There's no evidence of that whatsoever.

2:12.2

But here is Trump

2:14.0

gleefully taking credit for stock market performance when he was president of the

2:18.5

United States for the last long period of days the stock market meaning companies have been hitting new

...

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