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The Sean Hannity Show

There Go Interest Rates - September 21st, Hour 3

The Sean Hannity Show

Sean Hannity

News, News Commentary, Daily News, Politics

4.09.9K Ratings

🗓️ 22 September 2022

⏱️ 35 minutes

🧾️ Download transcript

Summary

David Sokol author of America in Perspective: Defending the American Dream for the Next Generation, and Steve Moore, a member of President Trump’s Economic Recovery Task Force, and author of “Trumponomics: Inside the America First Plan to Revive Our Economy” discuss the release by the Fed today.

See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

Have you ever wondered what the media and Big Tech is hiding from you?

0:03.8

Like massive stories that actually affect you in your life that they don't want you to see

0:08.0

because they make the left and the Biden administration look bad.

0:11.2

Well now there's a podcast dedicated to exposing all of that each and every day.

0:15.6

So download the fastest growing podcast in the conservative movement,

0:19.4

the Ben Ferguson Show podcast right now.

0:22.4

That's right, you can listen to Ben Ferguson Show podcast on iHeartRadio app, Apple Podcasts or wherever you get your podcast.

0:29.0

Download it right now.

0:31.0

All right, news round up and information overload hour,

0:33.8

80941 Sean, if you want to be a part of the program well as we've been predicting.

0:39.0

This is now the third month in a row.

0:41.8

The Fed raising interest rate dramatically, another 75 basis points.

0:48.0

What does this mean?

0:49.0

It means that the cost of borrowing money is now out of reach for many Americans.

0:54.0

What does that mean for the housing market?

0:56.0

I've been predicting this.

0:57.0

Now occurring new home construction has come to a scree a screeching halt.

1:01.6

Salah pre existing homes is now ending except for certain areas of the country geographically.

1:07.6

The it's so funny.

1:08.6

The month of August alone, 5,838 New Yorkers switched their driver's licenses to Florida in one month

1:18.0

because people are escaping high taxation and they're going to a better economy and they're going to better weather on top of everything else.

1:25.6

So and then that means home values will plummet as well and that means that you're getting killed in your IRA.

...

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