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The Bill Walton Show
BWS RECENT EPISODES
The Bill Walton Show
Episode 80: China Rx: America’s Dependence on China for Medicine w/Rosemary Gibson and Frank Gaffney
“Millions of Americans are taking prescription and over-the-counter drugs made in China and don’t know it and neither do their doctors. These are prescription drugs in the legal supply chain that are distributed to U.S. hospitals, sold in corner drug stores and grocery store pharmacies, and distributed to military hospitals and clinics around the world,” explains Rosemary Gibson. We cannot make aspirin in the United States. We cannot make penicillin in the United States. Nor can we make generic antibiotics. China’s aim is to become the pharmacy to the world, and it is on track to achieve it. Join me as I talk with Rosemary Gibson, author of “China Rx: Exposing the Risks of America’s Dependence on China for Medicine” and Frank Gaffney Vice Chairman of the Committee for the Present Danger: China about the existential risks posed by the United States’ dependence on China for drugs and essential healthcare supplies. “And I'm sure you may have seen the statement from the Chinese government media actually threatening to withhold drugs and to throw the United States into the ocean of hell of coronavirus. And there were threats before, but this the most brazen.” “So, here we have a situation where you have a global pandemic and the whole world depends on a single country for those core chemicals to make critical drugs.” If China shut the door on exports of medicines and their key ingredients and raw materials, U.S. hospitals and military hospitals and clinics would cease to function within months, if not days. China produces 10% of our generic drugs but more critically, almost 90% of the core chemicals and drug ingredients are controlled by China. The Global Pandemic is bringing home many unpleasant truths and this is one of the harshest. Learn more here. (We had some technical issues with the Zoom app, I occasionally couldn’t hear Rosemary or Frank. But the subject matter is so timely and vital we’re going ahead with publishing our conversation.) #China #Coronavirus #COVID-19
The Bill Walton Show
Episode 79: How Masks and Scarves and Overdraft Protection Can Help Get Us Through This Crisis
This week I sought out Arnold Kling to learn more about some of his innovative ideas to deal with the health, economic and social fallout from the Covid-19 crisis. Arnold, who blogs at arnoldkling.com/blog, author of “Specialization and Trade” and “The Three Languages of Politics” and with a PhD in Economics from MIT is one of America’s more original and penetrating thinkers. Some of what we talk about: “Masks and Scarves” How do we know that we are getting the right data and smart science from our health authorities? We’re relying on computer models, not real world experiments. The best evidence we have of what slows/halts the virus spread, is what’s happened in Hong Kong and Taiwan. Rather than lockdowns, they have limited the disease’s spread by allowing people to go to work and school wearing surgical masks that help prevent sick people from infecting others. If the purpose of social distancing is to keep sick people from infecting others, you could accomplish the same thing by mandating that everyone wear a mask and stop killing the economy with the blunt instrument of lockdowns. “Less Fiscal Stimulus, Instead Overdraft Protection” Mandated stay at home lockdowns have shuttered the U.S. economy creating personal and business liquidity problems. We’re not in a typical business-cycle recession that requires fiscal or monetary stimulus. The solution: every bank account in the U.S., personal or business, would have added to it a line of credit, at low interest, backed by the federal government. “It would work like government-backed overdraft protection. It’s administratively about as simple as you could get and gets relief directly to those who most need it.” “Normal is not an option” “We have to resist the temptation to benchmark the future economic outlook against “normal,” where normal means what would have happened had the virus never appeared. Pre-crisis, our patterns of specialization and trade were optimized for efficiency at the expense of fragility. Expect supply chains, especially in our trade with China, to have a lot more redundancy and to be less driven by cost minimization. So do we end up with a smaller new “normal” economy or a different economy? “I think a different economy. I like to use the analogy of the Second World War as an example of what's the economic precedent for this? So the Second World War we had to reallocate a lot of resources very quickly, both getting into the war and then at the end of the war as these millions of troops, the GIs come home and the factories no longer need to produce tanks. It was amazing how rapid and how relatively painless that readjustment was. That aspect makes me fairly optimistic.”
The Bill Walton Show
Episode 78: The health and economic crisis created by COVID-19 with Steve Moore and Jay Richards.
Join me as I talk with economist Steve Moore and Dr. Jay Richards about the health and economic crisis created by the coronavirus. And how to respond without all of our freedoms and civil liberties being trampled. Yes we need to move decisively to address the virus. But by focusing too narrowly on just disease control, we risk losing much or most of what makes America great. As always, I learn a lot from Jay and Steve. For example, I had thought the coronavirus death rate comparable to that of the seasonal flu, but Jay explains it’s more complicated than that. And as Steve explains, the tradeoffs are much more complicated than simply “kill your grandma or boost the Dow Jones Industrial Average.” We explore the many policy proposals driven by partisan politics, China’s role, the World Health Organization, the Left’s agenda, and what this crisis mean for President Trump’s re-election prospects. This is a fast moving issue with a lot of moving parts. Steve and Jay do a great job putting this all into perspective. #Economics #COVID-19 #China #Politics
The Bill Walton Show
Episode 77: "Countering the Lethal Narrative of the 1619 Project”.
“The most effective way to destroy a people is to deny and obliterate their own understanding of their history.” George Orwell According to the New York Times, the true founding of the United States of America did not begin with the Declaration of Independence in 1776. Rather, the Times informs us, it occurred in 1619, the year 20 or so African Slaves were brought to Jamestown, Virginia and the American Revolution occurred primarily because of the American's desire to keep their slaves. Consequently, “America is irrevocably and forever rooted in injustice and racism.” My guests Robert Woodson and Kenneth Blackwell emphatically do not agree, and Mr. Woodson has launched the “1776 Project” to refute the Times claims. “I was particularly outraged that the New York Times would exploit America's birth defect of slavery and weaponize race and use the conditions of the black community as a bludgeon against this country's character, almost defining it as if it's a criminal organization,” says Mr. Woodson. “What they are doing is insulting by implying that all blacks are victims and should be pitied.” Ken Blackwell goes on, “the 1619 project is nothing but a group of apologists for the expansion of the welfare state. What we should be doing, and what Bob’s “1776 Project” is about, is the creation of opportunities and individual empowerment in society. As Frederick Douglass said, we all have to be agents of our own well-being." Join me as we dig into the competing narratives of the 1619 vs 1776 projects. As Bob and Ken make clear, the side who wins this debate will likely steer the future course of America. #Culture and Society #Conservative #Politics #Freedom vs. Coercion #Faith and Religion #Progressive #Social Justice #Profile #History
The Bill Walton Show
Episode 76: Steve Moore on the Trump Economy
Last week I interviewed economist Steve Moore at a conference with conservative leaders. While the capital markets selloff and bad coronavirus news had not yet had hit galeforce levels, as it has this week, they were looming. I'm posting this to remind us that even in the face of fierce headwinds, the United States has entered this troubling time riding on top of a booming economy. Steve details the Trump administration’s progress in improving the U.S tax system, regulatory regime, household income, job creation, energy independence and productivity growth. As Steve adds, “The amazing thing is we've been growing at a time when the rest of the world isn't … Europe is growing at less than 1% … Japan is practically in a recession. So is Germany. China's economy has been declining even before this virus erupted.” In my view, the coronavirus is shutting down too much economic activity to avoid a mild recession. But it’s useful to remind ourselves about the strong base from which we have to rebound. And we will. And as always, it’s worth listening to Steve on America’s economic prospects.
The Bill Walton Show
Episode 75: Making "First Lady" and Life in the Screen Trade with Nancy Stafford and Nina May.
Nancy Stafford, known to millions as Andy Griffith’s law partner on TV’s “Matlock” and Nina May, an award winning independent film maker, join me to talk about their new film “First Lady” a romantic comedy feature film premiering Valentine’s Day 2020. Nancy’s been a series regular on many TV shows and as an author, has written two best-selling books. Nina, the founder of Renaissance Women Productions, has also written and directed the awards winning “Daily Bread” and “Life Fine Tuned”. Among the many things we talk about: Nancy’s start in life as Miss Florida, being a Ford model, and as a star in over 300 commercials before starting her career in TV. What life is like for Christian women artists in the TV and film business. How independent films get made. The “Me Too” movement. How their strong Christian faith has helped both Nina and Nancy succeed in life and their careers. Advice for young women venturing into the entertainment business. Join me in learning from these smart and charming women.
The Bill Walton Show
Episode 74 : "The Big Lie" - Part Two of my conversation with Diana West and Frank Gaffney
Join me on The Bill Walton Show as Diana West and Frank Gaffney tell a vivid and chilling story about the machinations to end the Trump Presidency. It’s quite a story, a work of fiction, if it weren’t playing out in real life. Shakespeare's Henry VIII, his most crowded play, had a cast of 71 characters. This story has 100s in the headlines, with 1,000s of other actors behind the scenes and more emerging every day. Although the U.S. Senate voted to acquit President Trump against impeachment charges, expect this drama to continue, a story whose end has yet to be written. And as Diana says, “the plot is very thick.” “There's a timeline here, a narrative that starts about the time the Democrats became aware the Democratic National Committee servers were compromised, and that launched a whole series of coverups.” And then came the Big Lie: Russia hacked the DNC to help Donald Trump into the White House. “Let's see if we can get people thinking that not only is Russia involved, but that Donald Trump colluded with the Russians, and then subsequently with the Ukrainians, to try to somehow influence our elections ” (The “big lie” technique goes back a long way to Soviet Russia in the 1930s. Robert Conquest, the great historian, coined the term “big lie” for Stalin’s claim that he was not starving millions of people to death in the Ukraine. Ukraine, again!) The cast of characters and plots include Debbie Wasserman Schulz, Pakistanis nationals working for the DNC, Glenn Simpson, Hillary Clinton, Carter Page, James Comey, Fusion GPS, Christopher Steele and his Dossier, Julian Assange, the murder of Seth Rich, John Brennan, the FBI’s Crossfire Hurricane investigation, CrowdStrike and on and on and on… “I mean, this, the connections here are so braided. It's like they're all walking around linked, and no one notices. They’ve all got their arms linked.” Diana says. Now that FBI Director Christopher Wray has admitted that the FISA Warrants and the surveillance of the Trump campaign were illegal, everyone should be asking: what's really happening in this country, who are behind these events, and what are the drivers? How deeply is the American intelligence community involved? And especially, who benefits? We have had “Russia.” “Mueller.” “Ukraine.” Now with impeachment temporarily over, what is the next “Big Lie” going to be? As Diana says, “when you start realizing that domestic political opposition is now coming under surveillance by these powerful, powerful entities, and, given what we know about every American coming under surveillance in terms of our electronic communications being preserved, logged, it's horrifying.” Join me as Diana and Frank tell the story.
The Bill Walton Show
Episode 72: “The Red Thread: Inside the Anti-Trump Conspiracy”
“The anti-Trump conspiracy is not about Democrats versus Republicans. It's not about the ebb and flow of political power lawfully and peacefully transferred. It is about globalists versus nationalists, and they're locked in the old and continuous Communist versus anti-Communist struggle, and fighting to the end whether we, the anti-Communists, recognize it or not.” So writes, Diana West, the award-winning author of “The Red Thread: A Search for Ideological Drivers Inside the Anti-Trump Conspiracy” one of my guests on this week’s show. It’s a stark claim. And it demands that we look at the Trump impeachment in a whole new light, as part of a century long conflict to take America away from its constitutional roots, and towards globalism. Donald Trump is an enormous threat to this agenda. In this sense, he’s a counter-revolutionary, seeking to protect the American nation from its globalist enemies, enemies not just from without, but from within. As Frank Gaffney, founder of the Center for Security Policy, and my other guest explains, “What I'm basically saying is that whichever of the isms we decide to label to this particular phase, we're dealing with basically totalitarianism, and the totalitarians have as part of their trade craft operating subversively.” What’s astonishing today is that this agenda is now operating right out in the open with Alexandria Ocasio Cortez, the “squad”, and most of the Democratic Party’s Presidential candidates. This war didn’t start with Donald Trump. Diana and Frank share incredible stories of a century long struggle with our “enemy within.” Some samples: How William Wirt was the first American to be essentially destroyed by the media, for trying to tell the country about the revolutionary nature of the New Dealers. What was behind the recognition of the USSR in 1933. How the culture wars began in Hollywood in the 30s where stories of Soviet atrocities were kept off the silver screen. How Harry Hopkins engineered the covert sale of uranium to the Soviets Why Joe McCarthy had to be destroyed. How “two foundations of globalism, the United Nations and the IMF, these were actually brought into existence by two Soviet agents working inside, covertly, the United States government, Harry Dexter White and Alger Hiss.” Bringing this all up to today (starting at minute 38:45 through 45:30), is the influence of Reinhold Niebuhr, the man that James Comey, “to this day, honors as his deepest influence on his own theory of justice.” We learn that Niebuhr’s notion of justice included “no right and no wrong. There are no moral absolutes.” Comey has written, paraphrasing Niebuhr, that “the Christian in politics must be willing to transgress any purely Christian ethic. He must be willing to sin in the name of justice.” These are chilling stories. What we’re seeing now is not about “the ebb and flow of political power lawfully and peacefully transferred.” Instead, it’s about a coup, a coup being staged all around Washington in various venues, and now in the Congress. Our century long struggle continues.