#Markets: Denver in disrepair. Liz Peek The Hill. Fox News and Fox Business
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 4 December 2024
⏱️ 5 minutes
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| 0:00.0 | I'm Tom Batchel with my colleague Elizabeth Peek of The Hill, a columnist, of Fox News, a columnist, |
| 0:10.0 | and Liz has a new column up that was a revelation to me about Doom Loop. |
| 0:15.2 | Doom Loop was the metaphor used by Financial Times for the first time, to my knowledge, |
| 0:20.6 | on San Francisco because of its |
| 0:22.6 | plague of the so-called homeless who are deeply troubled human beings, mostly associated with |
| 0:29.8 | dangerous, poisonous drugs and childhoods that are no, nothing to ignore. However, San Francisco was pulled into a doom loop |
| 0:41.3 | and the abandonment of downtown San Francisco by major firms is obvious and the reluctance of people |
| 0:48.1 | to travel there for tourism is obvious. Well, there are other cities that are in danger that are |
| 0:53.6 | teetering in the same fashion. |
| 0:55.7 | And I knew about Chicago. I knew about San Francisco. I knew something about the trouble in New York, |
| 1:03.7 | because I have spent many decades in New York, but I did not know about Denver, the Mile High |
| 1:10.7 | City, which is always presented to me |
| 1:13.0 | at first as an airport hub to change planes from Montana, and then as an upbeat and extremely |
| 1:19.7 | well-educated elite in Denver. But I learned there's a mayor there, Johnston, who is taking money from services, vital services, |
| 1:30.9 | in order to pay for the needs of the migrants who are without documentation, some of whom |
| 1:38.2 | are gangsters. And it is a revelation to me that this mayor believes he's being celebrated because of this. |
| 1:46.9 | Is that correct, Liz? |
| 1:49.2 | Well, you know, you become a darling of the left. |
| 1:53.9 | Yes, if you open your city or your state to people in the country illegally with no restrictions whatsoever until voters begin to realize |
| 2:04.5 | that their city is in financial trouble, needs to raise taxes, not because they're adding |
| 2:11.5 | more benefits for citizens, but because they are underwriting the very great needs of people who arrive in this country |
| 2:18.9 | with no education, no financial background, no ability to get a job, et cetera. |
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