Team,
Giving the AI-generated transcript another shot. In the last poll, 2/3rd’s gave it two thumbs up but 1/3rd panned it. See what you think this time:
TRANSCRIPT
Hey, Peter Navarro here with a little bonus podcast.
I love Johnny Catz, the WABC giant.
Talking a little bit now with Johnny and the group, great group by the way, about the UAW strike and more.
Take a listen.
Now here's John Katz and Rita Cosby on 77 WABC.
And joining us now is Peter Navarro.
He served in the Trump administration.
He was assistant director, assistant to the president, director of trade and manufacturing.
And of course, right there on the front lines of so many issues with trade.
Peter, we want to get your take.
First off, you wrote a really powerful article about the UAW and how the strike that's going on now that could cripple the Country Economically.
How it would have been handled a lot different if it was a different president.
Explain.
Just about four years ago to the day of the UAW strike against GM was going on more than 30 days.
I was working at the White House, as you know.
The boss, President Trump, was very concerned about the economic impacts.
He gave me the green light to see what I could do.
And within 48 hours, I was able to act as a mediator and get that strike solved to the benefit of both parties.
Both sides were very happy with that.
Now, the reason why I mentioned that is that is that if Trump were in office, this wouldn't be happening.
But the reason is more complex.
Right now, Biden economics is going to make it almost impossible for the UAW and the autoworkers to come to a deal.
And for the following reason: Biden, with his Green New Deal and all that stuff, has basically shipped off much of our electric vehicle production to China.
And the biggest enemy over there is Tesla, by the way.
Elon Musk's biggest Tesla factory in the world in Shanghai is going to inundate us with exports into the U.S. that's going to devastate Ford and GM.
So the point is that from the automaker’s viewpoint, even though they've been making good profits going forward, they're going to get crushed.
So they don't have a lot of money to go around.
And then for the auto workers themselves, hey, they can ask for 36 percent wage hike over four years. But if there's 40 percent inflation, they're going to lose.
So what they're demanding, watch this very carefully.
And by the way, Peter, Peter, also, I want to bring up a point.
John brought this up, John Katsimatidis.
You made a great point, John. If the auto workers and the industry weren’t being imposed on with all these green energy deals and EVs and all that [they could compete profitably, but]. Ford is losing four and a half billion dollars every 13 weeks just on EVs.
General Motors is not reporting the exact numbers, but they think it's between three and four billion dollars.
If the White House didn't force these cars to go into electric vehicles, maybe they'd have some extra money to pay these United Auto Workers.
This is gonna cost people jobs, too. Understand that.
EVs are gonna cost United Auto Workers jobs.
How do they reconcile themselves with that?
If I may, guys, it's a subtle point, but please understand an EV is not a combustion engine car. And a lot of the good jobs come through the UAW from making engines and the things that go along with the combustion engine.
And those are gone.
We basically sent that to Communist China.
They've got the competitive advantage with their slave labor.
By the way, today I understand that the government gave a Chinese battery company $10 billion to the Chinese as a gift.
Wait, who did that?
Who did that, John?
Our government.
The White House.
Oh my God.
Yeah, I mean, you read the not-so-fine print and these friggin' mega bills that are crushing this country that Biden signed on the Green New Deal.
And it's just, it's a lot of taxpayer subsidies that's they're siphoned off to Communist China.
It's crazy.
It's crazy.
I mean, this is the last stand of the auto industry.
And it's just, I mean, this debt limit thing's coming up.
If we don't make a stand there and get some rollbacks on some of this insanity, this is just the beginning of what's going to be a long kind of 70s style era of pain.
And everybody, we're talking to Peter Navarro, who is, of course, assistant to President Trump.
What do you feel about the justice system, Peter Navarro?
I understand, I understand you're getting screwed, too.
One of the finest working railroad in D.C., is that the comment?
Look, I got another piece out just hot off the press in the Washington Times right now and on my Substack, PeterNavarro.Substack.com.
It's basically lessons that I learned having just gotten convicted.
Check this out.
I was charged for a crime, alleged crime, that no senior White House advisor in the entire history of our republic has ever been charged with.
And for good reason.
The Department of Justice, or Injustice as the president and I like to call it, has had a more than 50 year policy that senior White House advisors and alter egos of presidents like me absolutely cannot be compelled to Testify Before Congress and Therefore Can't Be Held in Contempt.
And, you know, look, they're coming after me, Trump, Giuliani, Clark, Eastman, everybody I served with in the White House.
And you and I and the American people know what this is about.
It's about election interference.
It's about keeping Trump off the ballot or out of the White House, off the ballot in 2024, out of the White House in 2025.
Keeping people like me, senior advisors, who, by the way, created hundreds of thousands of jobs with the boss and saved millions of lives during the pandemic and solved an auto strike, keeping us on the sidelines and maybe in prison.
I'm facing a prison term for a crime that isn't a crime, according to the Department of Justice policy.
So am I happy about that?
Do I think we've got a good system of justice?
No, we don't.
CATZ: I understand there was another article that things are starting to cool in between the Attorney General's office and the White House.
Have you heard that?
PETER: Well, sure. I mean, but that's all about the DOJ going after the prodigal son there.
But by the way, I would be remiss in not asking the people of WABC, DefendPeter.com, DefendPeter.com,
This case has already cost me over a half a million dollars.
That's the other thing. It's lawfare.
Wow.
Over half a million dollars and this is going to appeal.
I've got a beautiful chance for an appeal and it's a historic case.
The question, here's the question, the constitutional separation of powers question.
Can a partisan legislative branch compel senior White House advisors and alter egos of the president to testify before Congress.
Bonus Podcast: Peter on New York's WABC With the Great Johnny Catz and Rita Cosby