Welcome to today's edition of the Clay Travis and Boxe Extenshow podcast.

Third hour of playing Boxe starts right now everybody thanks for being with us from all across the country.

The stock market down 300 points today just watching that more closely than we normally would because

well there has been a whole lot of action from the banks and from the regulators from the FDIC

from the Treasury the Fed banks borrowed $164 billion to backstop possible liquidity concerns

and as I've been saying to everybody the first phase here is just to make sure there aren't

more runs on more banks that got on the wrong side of the interest rates and you have a cascading

effect you have counter-party risk where banks have money with other banks or have instruments

have financial products that they've sold with their banks and one goes down you have contagion

and so they're trying to stop that but even beyond that we're going to find out here I think in

just a matter of days what the Fed plans to do with interest rates and remember the Democrats know

that the single most important thing for them politically between now and election day is

avoid a crushing recession and whatever you have to do whatever you have to do to mortgage

your mortgage the future is fine as long as you stay in power in the present so that's going to be

driving a lot of the thinking and then in the in the Ukraine war side of things Putin's fury this

and Delhi mail as international criminal court issues warned for his arrest for war crimes and

abducting Ukrainian children the Kremlin has responded says that this is outrageous but says

but Kiev meanwhile the Ukrainian government says the wheels of justice are

turning very curious to know how exactly the ICC would plan to do this even if you could get Putin to go

let's say the war were to end there was some kind of a ceasefire what are you going to have

you're going to have some kind of a team arrest Putin somewhere if he goes to Paris for a meeting

you're going to grab him be interesting stuff high stakes that's for sure so just keeping an eye on that as

...