President Trump's Middle East tour is underway, and has been kicked off with a multibillion dollar deal with the Kingdom of Saudi Arabia. Charlie plays the highlights, talks with Brian Gerstner about what could be the best idea to come out of the first four months of the new administration: Giving $1,000 to every American newborn to make them a part of America's ownership class. Watch every episode ad-free on members.charliekirk.com! Get new merch at charliekirkstore.com!Support the show: http://www.charliekirk.com/supportSee omnystudio.com/listener for privacy information.
Chapter 1: What is the new $1,000 investment account idea for every American newborn?
Hey, everybody. Charlie Kirk here, live from the Bitcoin.com studio. An action-packed episode here. We have Senator Rand Paul talking about the Middle East and foreign aid, and then a phenomenal idea. You have to listen to this very carefully. What if I told you every new baby in America will get a $1,000 tax-free investment account to their name? Is it a good idea, a bad idea?
Listen to it carefully. Brad Gerstner, the brainchild behind all this, joins the program, and I want to hear from you on The Charlie Kirk Show. Email us as always, freedom at charliekirk.com. Subscribe to our podcast. Open up your podcast application and type in Charlie Kirk Show. Become a member today, members.charliekirk.com. That is members.charliekirk.com. Buckle up, everybody. Here we go.
Charlie, what you've done is incredible here.
Maybe Charlie Kirk is on the college campus.
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Charlie Kirk's running the White House, folks. I want to thank Charlie. He's an incredible guy. His spirit, his love of this country. He's done an amazing job building one of the most powerful youth organizations ever created, Turning Point USA.
We will not embrace the ideas that have destroyed countries, destroyed lives, and we are going to fight for freedom on campuses across the country. That's why we are here. Noble Gold Investments is the official gold sponsor of The Charlie Kirk Show, a company that specializes in gold IRAs and physical delivery of precious metals.
Learn how you could protect your wealth with Noble Gold Investments at noblegoldinvestments.com. That is noblegoldinvestments.com. It's where I buy all of my gold. Go to noblegoldinvestments.com. Right out of the gate here, we have a wonderful fighter for liberty, someone who I really respect, I've known for quite a while, Senator Rand Paul from the great state of Kentucky.
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Chapter 2: What is Senator Rand Paul's view on Middle East diplomacy and preventing war with Iran?
Senator, great to see you. Thank you for taking the time. The breaking news today is that President Donald Trump is in Saudi Arabia announcing a closer partnership with many Gulf states, something I know that you and I both care about, is trying to prevent a war with Iran. It seems as if some of the neocons in D.C. have been talking about more and more military engagement
in Yemen and against Iran. How do you think we should balance an alliance with some Gulf states, all the while trying to prevent another no-win, endless war in the Middle East?
You know, I commend the president for going to the Middle East. Some of the Democrats are up in arms, you know, criticizing it. But part of diplomacy is showing up, being in the areas, talking to the leaders, and then ultimately trying to, you know, resolve differences with diplomacy rather than war.
I do think that the wars in the Middle East and the tension in the Middle East, sometimes we don't pay enough attention to the conflict that is between Iran and Saudi Arabia and the Gulf states.
So there's a considerable amount of tension, and it goes into the thinking of Iran as well, not just their animosity or relationship with the U.S., but also their relationship with Israel, which is pretty obvious, but then also their relationship with the Gulf states as well.
And ultimately, to get to some sort of peace agreement with Iran, I'm proud of President Trump for actually opening dialogue and discussion. But to get to peace, ultimately, it has to, I think, sort of include some of the Gulf states as well, including Saudi Arabia. So Saudi Arabia could be a more constructive player here. And hopefully that's part of the discussions.
Yeah. And so let's broaden this a little bit more. There are some in D.C. that seem so insistent on trying to escalate military tensions with Iran. You are, without a doubt, one of the most morally clear and principled members of the Republican conference against war and actually want to see us invest money and in our own country and to defend liberty. What is the status of this?
It seems like there has been an increase in the amount of chatter about potential military strikes against Iran. Let me ask it this way. Why would an American military strike against Iran be a bad idea? Some people in our audience who I really respect say, Charlie, they can't have a nuclear weapon. It's just military strikes. It's just airstrikes against an airfield.
I think nobody wants them, including myself, to have nuclear weapons. But strictly from a military point of view of how we prevent that, once they get to enrichment of say 95 to 98%, you can probably have a cup full of uranium that is enriched that much and that can be enough for a bomb. So once you have about 10 cup fulls, you've got enough for 10 bombs.
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Chapter 3: Why does Senator Rand Paul oppose a military strike against Iran?
And there have been discussions of them not enriching or anything they've enriched above a certain amount, trading that out. and not enriching above a certain percentage. And I think that's something we ought to explore. I think Trump is exploring it. And I'm excited, at least optimistic, that these discussions are ongoing.
So the one big, beautiful bill is working its way through Congress. I would like to see a lot more spending cuts. I wish that we would have a much more serious intent on trying to trim the federal deficit and, of course, eventually the federal debt, the national debt. What is your take on the early drafts of this big, beautiful bill? I'm sure there are some things that you would support.
And are you thinking of voting for it? Where are you standing on this reconciliation bill?
So in 2017, I voted for the Trump tax cuts and they became the Republican tax cuts. And this was done through reconciliation. I was all in. I think they did a great job. I think they created that economy that Trump was always bragging about with the lowest historic unemployment before we got into the pandemic. I'm still for all of that and I'm for making it permanent.
That's one big aspect of the bill. The second aspect is spending cuts. I'm always for more rather than less. I think they'll end up being wimpy, but I would still support the bill even with wimpy spending cuts and permanent tax cuts if we weren't going to increase the debt ceiling by $5 trillion.
And the reason why the debt ceiling is so important to me and used to be important to most conservatives is that the debt ceiling is adding everything up and gives you a simple number that represents really what's going to happen. So when they tell you they're going to cut $800 billion or $1.5 trillion, the numbers are confusing and you don't know exactly what that means. What does it add up to?
What I can tell you for certain is that if you raise the debt ceiling 5 trillion, you're going to raise the debt 5 trillion. 5 trillion over two years is just something I can't support. So come September 30th, there will be a deficit of 2.2 trillion. We will spend 2.2 trillion, or Congress will, more than comes in. And you say, well, whose responsibility is that?
Well, the first half of the year was Biden and the Republicans who supported the Biden levels. But then we got to March, and almost every Republican, myself and a few others opposed this, almost every Republican voted for the Biden spending levels in March. That's what we're living under now.
So it's no longer any blame on the deficit on Biden, all the blame's on Republicans, not just the president. Every Republican who voted for the March spending levels is responsible now for a $2.2 trillion deficit this year, in one year. Historic. But what's going to be even more historic is voting on a raise of the debt ceiling $5 trillion.
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Chapter 4: What are the concerns and proposals regarding the US debt ceiling and federal spending?
Well, $9 billion is a lot to you and I, but to the government, it's a rounding error. So the deficit this year is going to be $2.2 trillion. If you cut it $9 billion, it's going to be $2.191 billion. It's a rounding error, and yet it still hasn't come to us because... I think they're worried that there are too many weak-kneed Republicans that we can't even cut $9 billion.
This is the $9 billion that was like sex change surgeries in Guatemala, trans comic book in Peru, trans opera in Colombia. This is the low-hanging fruit. If Congress can't vote this, you need to get rid of the people who vote against this. So we should force the vote. But it has to come from the president. $9 billion. It's not enough. But I'll vote for it. And let's see who won't.
And the people who won't really either know to go to the Democrat Party or be reelected by real Republicans. Because if we can't cut $9 billion, the future of the republic is hopeless. We are going to be devoured by debt if we can't even cut $9 billion.
Senator, I want to just compliment you and encourage you to get your colleagues serious about cutting spending simultaneously. I hope that when the chips are down, if we can get a good deal, not a wonderful deal that you'll consider voting for. But right now we need we need to get back to penny plan. We got to get to pre-COVID baseline spending.
because we are a nation on the verge of a fiscal and financial apocalypse. And you've been principled about this since the very start of you in politics. And final thoughts, 45 seconds, Senator.
Well, I've said I will vote for the bill if they remove the debt ceiling from it. So I'll take imperfect spending cuts. I'll take an imperfect tax bill. I'm not asking for perfection. I'm for the tax cuts. I'm for making them permanent. I'm for spending cuts, but if I don't get everything I want, I'll still vote for that.
The only thing I won't vote for, and the line in the sand I've drawn is over raising the debt ceiling $5 trillion, because there has to be someone left in Washington. There may only be a handful of us, but there has to be someone left who cares about the debt. But once conservatives are hoodwinked into voting to raise it $4 or $5 trillion, there is no high moral ground.
You can't say, I wasn't part of the problem. They are the problem. The conservatives assume the problem. Once you vote for Biden's spending levels, which they all did in March, they have assumed the problem. The deficit now belongs to the Republicans and the Democrats. But we're losing the faction of the Republicans who could stand on high moral ground and say, I didn't vote for that.
I'm not raising the debt ceiling. I'm principled for balanced budgets. That's what we're losing.
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Chapter 5: What is the significance of President Trump's Middle East tour and Saudi Arabia visit?
Iran alone is not enough energy to fuel the beast that is becoming the Chinese Communist Party's economy. There's so many other dynamics at play here involving the Russian-Ukrainian war, American investment, trillions of dollars of capital. President Trump making a state visit to Saudi Arabia is brilliant. And in an ironic way, it's actually putting America first.
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Joining us right now is a new friend and someone who has a phenomenal idea that we want to make reality. He's live from Saudi Arabia. And so it is a perfect segue. It is Brad Gerstner. Brad is the CEO of Altimeter Capital. Brad, let's cut right to it. You have a phenomenal idea. I am the number one advocate of this idea. We're going to make this happen. Brad, tell us all about it.
Well, it's great to be here, Charlie. And listen, just listening to Rand Paul, your conversation about Saudi Arabia, it's great to be here. You know, I'm actually flying wingman to David Sachs, helping to spread the AI accelerationist theme in this part of the world, and it's going incredibly well. And so I thought your comments were spot on. But let's talk about Invest America.
You know, the Ways and Means Committee this week included it in the Reconciliation Act And what it is, it's a very simple idea. It's we want to restore and reconnect people to capitalism by giving every child born in America a $1,000 investment account seeded in the S&P 500. It really acts as a 401k from birth. So think about... 3.7 million kids born every year in the United States.
They each get a private account. They own title to that account. Their family can add money to the account, right? It's hard to set up an account when you have a kid. So the family can put in money. The employers can put in money. So companies, Dell Corporation.
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Chapter 6: Who is Brad Gerstner and what is his role in the Invest America initiative?
You're going to see major companies that instead of donating to Black Lives Matter, instead of donating to all this trans stuff, we're going to put pressure on companies like NVIDIA, pressure like Johnson & Johnson. Instead of doing all that nonsense, go give a billion dollars to invest America. You're going to see major philanthropists. We're going to have matching grants. Think about it.
In schools, if they want to encourage good behavior, if they say, hey, if you're on time to school every single day, we'll put $100 into your Invest America account. It's going to become a tally scorecard for future generations to be able to get real money that they can't access. Because we don't want them to access it at 13. They know what they're doing at 13.
But it's an incentive structure where they can aim towards something. And if it's just the $1,000, that money on average will double every seven years if you average a 10% annual return. And you could even be as provocative as saying like, hey, we're going to put 500 bucks if you don't have any truancy, any delinquency, and any crimes that you're committed for 18.
We're going to put 500 bucks a year into your Invest America account. Major charities, instead of saying, hey, we're going to go give money to racial justice, we're going to go to the city of Chicago and tell every young kid in Chicago, primarily black kids, we're going to go put $1,000 a year into your Invest America account if you don't commit crimes in your 14, 15, 16, 17.
All of a sudden, instead of joining a gang, they might be like, man, I kind of want that money. And what it does, we know this in human psychology, is that it then has delayed gratification and they can access it as far as the money. They can see it at any time. As the market goes up, they'll be able to tell their friends, yo, I now have $4,000 waiting for me. I now have $6,000 waiting for me.
They'll start caring more about markets. They'll start caring more about tax policy. They'll start caring more about regulatory policy. And all of a sudden when AOC and Bernie Sanders start saying, let's go confiscate the wealth. These kids that are 10 years old and 13 years old to say, wait a second, I own stocks. I don't want you to confiscate the wealth.
I want my invest America portfolio to do well. It's an investment in the psychology of capitalism. And that's why when Brad told me this idea, I said, this is it. We've been looking for this. More likely to own a home, less likely to commit crimes. And Blake is right in the chat.
3.7 billion bucks a year of all the garbage that we spend money on, you know, Sesame Street in Iraq and transgender surgeries and Just the most insane stuff. We should then pump this up even more. And again, imagine being raised in a country where now you're five, six, or seven years old and your parents can then teach you about economics from an ownership standpoint.
And what's amazing is a lot of these families have actually no money. Half of our country only has debt. Half. And these kids will be wealthier than their parents are. Now, they can't access the money, but they'll be able to say, I have something to live for. Stable countries need lots of small owners. Aristotle famously said that if you do not have a middle class, your country will disintegrate.
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