Andrew Yang joins Krystal and Saagar to discuss the challenges faced by third-party candidates and the need for electoral system reform. They also talk about the impact of Federal Reserve actions on the housing market, the denial of disinformation by the head of the governance board, and concerns about Biden's meeting with MBS in Saudi Arabia.
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Quick takeaways
President Biden's prioritization of lower gas prices and the economy undermines his earlier promise to hold Saudi Crown Prince Mohammed bin Salman accountable for the murder of Jamal Khashoggi, raising concerns about accountability and human rights.
The concerning rise in home sale cancellations, driven by soaring gas prices and rising interest rates, reflects the challenges faced by the middle class in affording housing and highlights the difficulties for third-party candidates to succeed.
Deep dives
Biden's Pivot on Saudi Arabia
Despite vowing to hold Saudi Crown Prince Mohammed bin Salman accountable for the murder of Jamal Khashoggi and calling Saudi Arabia a pariah during his campaign, President Biden has distanced himself from the issue, prioritizing lower gas prices and the economy. Experts believe the changes in policy will have minimal impact on gas prices. The tension between Biden's human rights-centered foreign policy and his focus on the middle class has led to a collision of priorities. Critics argue that the abrogation of his earlier stance undermines accountability for Khashoggi's murder.
The Housing Market's Impending Collapse
Recent data indicates a concerning rise in home sale cancellations, reaching the highest level since the start of the pandemic. Approximately 15% of homes that entered into a contract were canceled, a trend mainly attributed to the soaring gas prices and rising interest rates imposed by the Federal Reserve. This situation has raised concerns about the affordability of housing for the middle class, as prices continue to increase, pushing potential buyers into the rental market where prices are also surging. Experts highlight the challenges of the existing political, economic, and market structures that make it difficult for third-party candidates to succeed.
Nina Jankowitz and the Disinformation Governance Board
Nina Jankowitz, the former head of the Disinformation Governance Board, appeared on CNN to deny spreading disinformation. Despite her claims, she had tweeted controversial statements and promoted conspiracy theories, including the idea that the Hunter Biden laptop was a Russian plant. Critics argue that Jankowitz is unfit to be an authoritative figure in determining what is true and false, and that the concept of a disinformation governance board is problematic. Furthermore, her interview lacked thorough questioning and accountability from the host, calling into question the effectiveness and impartiality of such boards.