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Democrats trail Republicans in cash by nine figures. The DNC reported $16 million on hand against $17.9 million in debt. The RNC reported $130 million. Peter Schweizer and Eric Eggers follow the money filling the gap, and most of it comes from senior citizens. A Stanford researcher spent eight months preparing an investigation for The New York Times. Fact checkers cleared it. Lawyers cleared it. Then the Elias Law Group sent cease and desist letters on behalf of Democratic committees, and the paper walked away. What the research found: a spam text pipeline built to squeeze a captive pool of elderly donors. An 85 year old man in Oxford, Ohio gave 7,800 times, nearly $650,000, more than double the value of his house. A 90 year old woman in an Indiana senior living facility gave more than 25,000 times, $250,000 in total. Fewer than 1% of Democrat donors account for almost half of the $1.4 billion these PACs have raised since 2017. One network alone pulled in $390 million. Most of the money never reaches a candidate. It recycles back into the fundraising operation. Hakeem Jeffries shows the shift in one chart. In 2018, his average donor was 54 and 21% were 65 or older. This cycle, his average donor is 73 and 86% are senior citizens. Then the midterm ledger. Ripple and Coinbase sit at the top of $230 million in special interest spending, ahead of Big Tech and Wall Street. FanDuel and DraftKings make the top six. George Soros has given more than $102 million this year. AIPAC drew headlines for $30 million behind Haley Stevens in Michigan, while the money moving against her opponent's opponent stays far harder to trace: a $200,000 super PAC check from Abdul El-Sayed's father-in-law, an Islamic Society of North America figure; $25,000 from an Egyptian American activist sentenced to life in absentia; $115,000 tied to people affiliated with the Council on American-Islamic Relations. Saudi Arabia spent $92 million on Washington lobbying last year with roughly 148 registered foreign agents. Peter and Eric close on Sharia law, Jesse Watters' interview with El-Sayed, and whether the red-green alliance holds long enough to make Michigan competitive. (00:00) Cold open (00:31) Votes from the poor, money from the rich (02:33) The DNC has $16 million and $17.9 million in debt (04:43) Granny's Social Security check funds the campaign (06:34) The New York Times kills the story after legal threats (07:33) One donor, 7,800 gifts, $650,000 (09:30) Hakeem Jeffries' donor base ages 20 years in eight (12:27) Crypto, gambling and AIPAC lead the midterm spending (15:25) The influence money nobody tracks (20:14) CAIR cash, Jesse Watters, and the Sharia law question
Peter Schweizer and Eric Eggers track three fronts in China's campaign against American immigration controls, and the officials in Washington who look away. Trump signed two executive orders on August 6, narrowing his birthright citizenship push to birth tourism and surrogacy. Five days later the same coalition from Barbara v. Trump went back to the same judge for a restraining order. Brett Kavanaugh already signaled a pathway for limiting 14th Amendment abuse, so the left should not assume a win at the Supreme Court. The Justice Department charged a network selling green cards through fake weddings. Chinese nationals paid facilitators up to $100,000. Facilitators paid American citizens up to $30,000 to stand at the altar. One prenuptial agreement instructed the bride never to speak to the groom again. Then there is Mexico. Former Mexican tourism official Simón Levy published a report on how Mexicans are manufactured in Mexico. Civil registry employees took $4,000 per migrant to forge birth certificates for Cuban, Haitian and Chinese nationals. Mexico deleted the database field recording when a passport was issued in 2021, so the forgeries are untraceable. A Mexican passport drops your US visa refusal rate by 49.5 points. A Chinese national in Beijing becomes a Mexican citizen, then walks into the United States under a new name. The declassified Swalwell file closes the loop. Eric Swalwell admitted a physical relationship with Chinese intelligence asset Fang Fang. She placed interns in his office and laundered money into his campaign. He joked to friends his girlfriend worked for the Chinese CIA. He stayed on the House Permanent Select Committee on Intelligence, and Nancy Pelosi kept him there. The FBI, which the committee oversees, kept trying to recruit Fang Fang and never moved on Swalwell. (00:00) China thinks in dynasties, not decades (01:13) Trump's August 6 executive orders on birth tourism (03:23) The ACLU coalition sues again, and Rob Bonta calls it a tantrum (05:35) Birth tourism is an industry term, not a slur (07:03) DOJ charges the $100,000 sham marriage ring (08:46) Staged attacks and weaponized immigration (11:58) Simón Levy's report: Mexicans manufactured in Mexico (15:17) The passport database field Mexico deleted in 2021 (17:56) Eric Swalwell, Fang Fang, and the warning signs he ignored (24:13) The FBI knew, kept recruiting her, and never touched him
California pays 270 people to investigate Medicaid fraud. In 2024 they returned 32 indictments. Arizona pays 33 people and returned 82. PeterSchweizer and Eric Eggers break down 'the summer of fraud' on ep. 281 of The Drill Down. Federal Medicaid recoveries went from 1.4B to 2B. CMS withheld 351M from Minnesota and 1.3B from California. Alabama employs seven fraud investigators. Minnesota employs 28. Chapters: (02:33) The federal numbers (07:58) California's 32 indictments (10:37) Alabama has seven (15:01) 1.9B to the Virgin Islands, zero homes (19:09) Minnesota and Feeding Our Future (26:13) What happens when the money stops
Louisiana's refineries process vast amounts of domestic crude oil — much of it from the offshore U.S. Gulf — and imported oil from Canada and other countries. The refineries also play a critically important role in supplying refined product to the Southeastern U.S and the Mid-Atlantic states.
Comcast touching off merger speculation after announcing it will separate NBCUniversal and Sky, its European media arm, from its broadband business. A new report warning the AI spending spree risks ending in a damaging, lengthy investment bust. Plus, DA Davidson sees a split in the tech trade. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
With important mid-term elections coming in November, “the latest rage in politics is cracking and packing,” says Peter Schweizer. “Gerrymandering is in the news right now,” says co-host Eric Eggers on the most recent episode of The Drill Down. “Cracking is when you spread out your opposition's voters into different districts. Packing is the reverse of that – when you pack your opponent's voters into a single district.” They discuss the long history of politicians trying to choose their own voters.
With important mid-term elections coming in November, “the latest rage in politics is cracking and packing,” says Peter Schweizer. “Gerrymandering is in the news right now,” says co-host Eric Eggers on the most recent episode of The Drill Down. “Cracking is when you spread out your opposition's voters into different districts. Packing is the reverse of that – when you pack your opponent's voters into a single district.” They discuss the long history of politicians trying to choose their own voters.
Whether it is interfering with airline mergers, off-shoring a state's oil refineries to Asia, or placing bets on chip makers, the nine scariest words in English are, in President Ronald Reagan's immortal phrase, “I'm from the government, and I'm here to help.” The fall of Spirit Airlines “is the classic Democratic problem,” says author and investigative journalist Peter Schweizer. “They don't understand the implications of their decisions, the costs and repercussions that affect real people's lives.” On the most recent episode of The Drill Down podcast, Schweizer and co-host Eric Eggers tie a neat bow around Spirit Airlines, California oil refineries, and chip-maker Intel Corp.
Whether it is interfering with airline mergers, off-shoring a state's oil refineries to Asia, or placing bets on chip makers, the nine scariest words in English are, in President Ronald Reagan's immortal phrase, “I'm from the government, and I'm here to help.” The fall of Spirit Airlines “is the classic Democratic problem,” says author and investigative journalist Peter Schweizer. “They don't understand the implications of their decisions, the costs and repercussions that affect real people's lives.” On the most recent episode of The Drill Down podcast, Schweizer and co-host Eric Eggers tie a neat bow around Spirit Airlines, California oil refineries, and chip-maker Intel Corp.
Rep. Eric Swalwell's sudden political death was no accident, but a strategic hit job by an unethical California Democratic Party and its media enablers. “Swalwell was pushed out for strategic purposes,” says investigative journalist Peter Schweizer. Call it the law of the jungle. On the Drill Down podcast, Schweizer and co-host Eric Eggers review the body count and identify which ethically challenged members will be next to go.
Foreign interference in our elections is the broad theme on today's episode of The Drill Down, as hosts Peter Schweizer and Eric Eggers discuss birthright citizenship at the Supreme Court, ActBlue's foreign donor problem, and a lawsuit in Virginia over allowing the foreign-born children of people who once lived in Virginia to vote in the state's elections.
The Supreme Court looks ready to overturn a Mississippi law that allows absentee ballots to be collected as late as five days after the election. Meanwhile, Congress is struggling to consider a bill called the SAVE Act that would require proof of citizenship to register to vote in all states and require voters to show a photo ID to vote. On the most recent episode of The Drill Down podcast, host Peter Schweizer asks “will either of these issues determine the outcome of November's elections?”