This Morning Wire episode covers a shock Democratic endorsement of Republican Mike Rogers in the Michigan Senate race, with former Democratic strategist Julian Epstein arguing the party is losing ground and that such controversies will hurt its chances. It also reports on a record crypto theft from Binance, a tech stock selloff, and new polling on personal finances.
Victoria Coates discusses the Halloween riots in Europe and a constitutional dispute in Poland. Listeners will get a summary of the main stories and the arguments each guest makes, with opinions attributed to the speakers who make them.
In this episode Georgia Howe, John Bickley, Julian Epstein, Megan Basham, Victoria Coates
The transcript of this Morning Wire episode on the Michigan Senate race and Poland's court crisis was made with HappyScribe's technology to turn videos into text.
Ads in this audio differ from the text. Tap the sentence you're hearing to follow along.
Synced: the text now follows the audio.
This holiday all plans, even unlimited, are just $15 a month. A holiday deal this good obviously deserves an enormously expensive holiday song, like "All I Want." Right. Okay, we can afford that. You know what, forget the music budget. We're going to stick with whatever's in the public domain. Give it a try at mintmobile.com/switch.
Upfront payment of $45 for 3 months, $90 for 6 months, or $180 for a 12-month plan required, $15 per month equivalent. Taxes and fees extra. New customer offer for initial plan term only. Greater than 50 gigabytes may slow when network is busy. See terms.
The Democrats' attempts to hold on to the Senate seat in Michigan takes a massive 11th-hour hit with a shock Democrat endorsement of Republican Mike Rogers.
I am endorsing Mike Rogers for the United States Senate. I don't belong in Abdul's campaign. I do not stand with Hassan Piker.
We talked to a Democrat strategist about how much damage a string of October surprises will do to his party's chances in the state.
I'm Daily Wire executive editor John Wickley with Georgia Howe. It's Monday, November 2. This is Morning Wire.
The biggest bank heist in history targets crypto investors, while the stock market is shaken by a punishing tech selloff. What does it mean for Americans' 401(k)s?
And an attempted high court coup in Poland sees its conservative president take dramatic action. Meanwhile, Halloween riots flare up in Germany and France.
Thanks for waking up with Morning Wire. Stay tuned. We have the news you need to know.
October is Cybersecurity Awareness Month, which sounds like a holiday invented by the IT department. But personal cybersecurity usually comes down to ordinary moments: an email that looks legitimate, a call from a number you don't recognize, or a link you click without thinking. I've received messages that look completely real until I checked the sender's full domain and noticed something that was slightly off. That tiny detail is exactly what scammers count on. Americans lost more than $3.5 billion to scams last year, so those small precautions matter. That's also why I use DeleteMe. They monitor data broker sites that sell your personal information, work to get it removed, and help make sure it stays removed throughout the year.
Wire cutter named DeleteMe is top pick for data removal services, and individual plans start at just over $8 a month. Take control of your data and keep your private life private by signing up for DeleteMe. Now at a special discount for our listeners: get 20% off your DeleteMe plan when you go to joindeleteme.com/wire and use promo code WIRE at checkout. The only way to get 20% off is go to joindeleteme.com/wire and enter code WIRE at checkout. That's joindeleteme.com/wire, code WIRE.
A shocking 11th-hour development in the Michigan Senate race as Democratic Congresswoman Haley Stevens has now come out in support of the Republican candidate Mike Rogers.
Joining us now is former Democratic House Judiciary Committee Chief Counsel Julian Epstein, who's urging Michigan voters to do the same. Julian, thank you so much for coming on.
Thank you for having me. It's a pleasure to be with you this morning.
So first, fill us in on what happened with Haley Stevens over the weekend. A lot of buzz about this, a lot of shock about it, actually. What's your take on it as a Democrat strategist, and do you think it's going to have an impact?
Well, I think this is an epochal moment for the Democratic Party. And the fact that you only have Stevens denouncing and repudiating Syed now, I think, tells you everything you need to know about the Democratic Party. But basically, what happened was an affiliated PAC, which is run by Cenk Unger, Hassan Piker's uncle, created an ad that basically is blaming Jews and the Israeli state for high prices of groceries.
And this is sort of one of the oldest, most virulently antisemitic tropes that goes back into Europe for centuries, essentially saying that everything that you might be unhappy with is the fault of Jews and this sort of global conspiracy. And a generation ago, you know, when I was working very actively inside the Democratic Party, this would have been an easy call for the leaders. This would have been an easy call to say, this is racist, this is bigoted, this is antisemitic, there is no place for this in our party.
But what you see happening with the Democrats right now is it is a shrinking party. Its traditional constituencies are abandoning it, most importantly, the working class. And so what they are doing in an attempt to rebuild the party is they are capitulating to the worst forces on the global scene, which have seeped into the American political scene, this sort of red-green alliance that is virulently antisemitic, virulently racist. They have decided they're going to swallow antisemitism in the name of trying to capture votes.
There is a story today, I don't know if you saw this in the New York Post, that reports that Syed's supporters in various mosques in Michigan are calling for, quote, "the final solution" for Jews. And so what you're seeing with the Democratic Party is their normalization, including through the leaders. And yes, I'm talking about Barack Obama. I'm talking about Chuck Schumer, who I worked with for years. I'm talking about basically the Democratic Party establishment using this fig leaf euphemism of Big Ten to normalize what is basically a 1939 hate wing, Nazi wing part of the Democratic left.
Now, Stevens lost very narrowly to El-Sayed. Do you think that her followers are going to follow her to vote, or at least some portion of them, to vote for Mike Rogers? And if so, do you think that that could actually upset this race?
I think Rogers is going to win. And I think if you are a Jewish American living in Michigan, or if you're a patriotic American and you vote for Syed, you need to have your head examined. I spent a lot of time in Michigan politics. I used to be the chief counsel for the guy who was the dean of the Michigan delegation. He was the senior most and longest serving African-American member of Congress that ever served in Michigan. And I can tell you from spending a lot of time in Michigan politics that it is not just Jews that I think are going to abandon the party.
I suspect you're going to see what has traditionally been a 70-30 split on behalf of Democrats. I think you're going to see those numbers reversed. I think you're going to see 70-30 on behalf of Republicans. But I also think you're going to see a siphoning towards the GOP of centrist, sort of patriotic voters who may have leaned left in the past. And I know his support inside the black community is very, very weak. That's why you had to have James Clyburn come in today, Angela Osso-Brooks, and others. His support inside the black community is very, very weak.
And that's because I think the Democrats have failed to recognize, as they go very far left on these cultural issues and sort of this red-green alliance, that black voters, for the most part in Michigan and around the country, tend to be very moderate. They tend to be very moderate on cultural issues, and they also tend to be very entrepreneurial-minded. They are not down with this sort of, you know, this sort of socialism that's let's spend 70% of GDP on government programs, the way France is going. I don't think Syed will win. I think Rogers will win.
I'm not only urging people, Democrats, to vote for him. I'm raising money for him. I maxed out for Rogers. And I think it's one of the most important races in the country. I think the most important thing you can see with this kind of radicalism, anti-Americanism, antisemitism, is a direct repudiation. And if the Republicans hold on to the Senate as a result of that, I think that will be a good thing.
Well, an absolutely crucial seat, like you said, for Democrats to keep if they want to gain control of the Senate. Voters will decide it tomorrow. Julian, thank you so much for joining us.
Thank you so much for having me.
Truth is under attack in our culture. People are embracing lies about gender. They're rejecting the sanctity of every human life. And the government is even punishing people for saying what is true and right. But the biblical principles on which our country was founded still matter, and they must be defended. Alliance Defending Freedom is on the front lines of this fight. They're standing in courtrooms across the country, upholding truth and your right to speak it. But they rely on help from friends like you to do this work. Your gift to ADF will be matched by a special grant while funds last.
So visit joindadf.com/wire or text WIRE to 83848 to make twice the impact. That's joindadf.com/wire or text WIRE to 83848.
November is when the calendar starts filling up fast. Thanksgiving plans, holiday travel, family coming into town, and suddenly all those little things you've been meaning to take care of get pushed into next year, including that doctor's appointment you've been putting off since, well, who knows when? Maybe it's a dental cleaning, an annual checkup, or finding a new doctor after changing insurance. And honestly, the hardest part is sometimes just getting around to making the appointment. That's why this episode is sponsored by Zocdoc. Zocdoc lets you search and compare high-quality, in-network doctors.
You can read real reviews from real patients, see actual appointment openings, and book a visit right there online. Appointments usually happen within 24 to 72 hours, and you can even find same-day availability. Plus, Zocdoc is completely free to use. So before the holidays take over your calendar, why not check something important off your to-do list? Your health matters, and taking care of yourself shouldn't be complicated. Find and book the right doctor with Zocdoc. Head to zocdoc.com/wire to get started and check that appointment off your to-do list. That's zocdoc.com/wire.
A sharp selloff in tech stocks and a record cryptocurrency theft is spooking investors, leading to the Nasdaq's sharpest decline in months. Meanwhile, on the eve of the election, a new poll finds Americans are increasingly unhappy with their personal finances.
Daily Wire culture reporter Megan Basham joins us now with the latest. So Megan, let's start with Wall Street. What triggered those losses?
Yeah, Georgia. So a lot of this comes back to the enormous bet that technology companies have made on AI. And there's a lot of questions now about whether or not they're going to pay off. So just to kind of review the parade of horribles from the last week, the Nasdaq fell nearly 3% on Friday, which was its worst day since early June. The S&P 500 dropped nearly 2%, and the Dow lost more than 570 points. Now, what's driving all of this is disappointing earning reports from some of those big tech companies like Amazon, Intel, Google.
And that's being driven by the massive AI race and just how much it's going to cost all of these companies to build out that AI infrastructure. Basically, investors are questioning whether the profits from AI are going to justify the money that's being currently poured into it. And some investors who have some long memories here are remembering the dot-com crash of 2000, when all of these investors kind of experienced a bit of a gold rush running into those companies, and then the hangover that they had after the fact when everybody realized that these companies were actually overvalued.
So Chris Vermeulen, who is the chief market strategist for the Technical Traders, told tech journalist David Lynn that there's really just a little bit of a panic happening right now.
We're just seeing a lot of fear in the market. Investors are, they don't know what to do. They're selling today, and they're running for safety. And we're just in an emotional time. I mean, it feels like you can cut the air with a butter knife today with the emotions surging through it, the fear, because we've got broad selling.
So essentially just fears that the tech sector is unstable.
Yeah, and that brings us to this crypto heist, like we said, the biggest one in history. How large was it, and who was behind it?
Yeah, John, just an absolutely crazy story with this record theft.
Yeah.
Hackers stole roughly $6.3 billion in digital assets from Binance, which is the world's largest cryptocurrency exchange. Binance says that all of this started on Thursday when hackers managed to compromise an engineer's computer, and within 20 minutes, all of that money was gone. And what's even more disturbing is that the FBI is pointing the finger at North Korea. And in fact, President Trump was asked about all of this at his Halloween party at Mar-a-Lago on Saturday, and this is what he said.
We're learning about it. You all concerned or you're learning? I'm not concerned. We're learning about it. We don't know if it's North Korea, but if it is, we'll talk to North Korea about it.
Binance's CEO, meanwhile, said that the exchange is going to cover these losses, but given that analysts are saying that AI could have played a role in this massive theft and the speed and scale with which it was carried off, this kind of security breach is exactly the kind of thing that is causing some panic around AI generally.
Right. Now, are there any bright signs on the financial horizon for people, Megan?
Oh, I mean, sure. It's important to remember here, Georgia, that even with last week's bad news, the Nasdaq hasn't been falling all year. And in fact, it hit a record high earlier in October. And the New York Stock Exchange, which relies much more heavily on traditional industries, less on tech, still managed to eke out a positive return last week on the whole. But that doesn't mean that Americans are experiencing some of this more moderated financial news. In fact, NBC's latest national poll found that just over half of registered voters say that they're not happy with their financial situation.
And that's the first time that dissatisfaction has outweighed satisfaction in the 30 years that NBC has been asking this question. So, you know, these recent negative financial stories, I think, are just one more piece of the puzzle that tell us why so many political prognosticators are saying that, along with the polling, they're expecting Republicans to have a pretty rough night on Tuesday.
Well, you never know until the votes are tallied. And by the way, people can tune in to dailywire.com to track the election results with us. Megan, thanks for reporting.
Absolutely. My pleasure.
Violent riots erupted on Halloween in several European countries, including Germany, France, Spain, and Italy. Meanwhile, in Poland, a constitutional crisis is unfolding in a dramatic fashion.
Joining us now to discuss all this is Victoria Coates, national security expert at the Heritage Foundation. So a lot to get to here. But let's start with the so-called Halloween riots that swept through Europe. Germany now being hit. What did we see over the weekend?
What we're seeing is this broader network, John, of these very far-left organizations starting to make their presence known across the continent. And so this was not something isolated to France regarding education issues. This is a much broader situation. And they really are going after the basis of Western civilization. They want to fundamentally change all of these countries. And it's the result of unfettered migration over the course of the last 20, 25 years. This is not a new problem. It's something that the EU has largely permitted to happen.
And it's only going to get worse. I think we have another scheduled pan-European day of protest on November 20th. So that will happen. And we're just going to see these things become more destructive and more violent.
Now, we have seen some action to kind of rein in some of these protests. For example, France announced they were going to revoke residence permits for foreign nationals who were arrested for rioting. In Italy, Giorgia Meloni has rolled out the anti-riot doctrine. Are we seeing Europe starting to crack down on this?
Well, Prime Minister Meloni, I think, has been quite heroic in this effort. And what she's done is said that we are not only going to hold the protesters responsible, their families are going to be financially on the hook for the destruction they cause. And so I think the Italians are not going to stand for their cultural patrimony being attacked by these people. You know, they were up on that Pisa Tower recently, an incredibly fragile monument. The Colosseum, also fragile. I mean, these things can be destroyed. That is a massive loss for Italy. They're not going to stand for it.
Hopefully, France is growing a backbone in this sort of thing as well. They were awfully passive to begin with, but I think they've seen what's happening to them tourism-wise. So very, very important that these governments stand up.
We'll see if France ends up following through on their threats. Now, we also have this almost, you know, surreal situation in Poland. Some are describing what took place over the weekend as a coup d'état. For our listeners who have not been following this, what exactly is going on there?
This should be a headline story. I think with the U.S. midterms, you know, a lot of things are hitting the cutting room floor, but this is going to come back. And what it is has been going on since about 2015 in Poland with the sort of center-left represented by Prime Minister now Donald Tusk trying very hard to force Poland into a more what you might call globalist European EU mindset. And Poland's been very selective about their membership in the EU. They've kept their currency, the zloty, for example.
They haven't been on the euro. And Brussels is trying to force them to go on the euro because they're a well-run country. They're fiscally sound. They want that in the EU. And so what you've seen is Donald Tusk trying to force some very liberal judges onto their constitutional tribunal so that they can start to make those constitutional changes. They can't go on the euro without that constitutional change. And President Norwoski has come back to the country. They chose to do this while he was on foreign travel.
He's back now protesting against it. And unfortunately, he doesn't have any of the security forces behind him. He has to provide his own security. He doesn't have any way to impose his will. All he has is persuasion. And that's what he's using. And, you know, Donald Tusk tried to block him from coming back into Warsaw. And the military refused Donald Tusk's instructions. So fascinating to see what happens in Poland going forward. They don't want what's happening in France and Italy to happen in their country.
We'll see if they succeed.
Now, related to all this, we have the midterm, you know, looming 24 hours away. President Trump has been drawing a connection to what's happening in Europe, to what could happen here in the U.S. Is that, you know, overblown, or does that kind of warning have merit?
No, it's absolutely legitimate. And so, you know, when the Democrats talk about packing the Supreme Court so that they can do whatever they want, they want to do what's happening, attempt to be happening in Poland. When you have, you know, pro-Hamas, pro-Palestinian candidates like in Michigan, for example, that's what they are trying to impose on us. They want to open up those borders again. They want to make sure that we have unfettered immigration. So we'll have scenes like we're seeing on Paris in the streets of America.
So it's a very clear question to voters on Tuesday. Look at what's happening in Europe. Do you want it to happen here?
As we said, dramatic things happening overseas. We always appreciate you keeping us up to speed. Victoria, thank you so much for coming on.
Thank you, guys.
Thanks for waking up with us. Plus, Confession is hitting theaters across the country on November 11th at 7:00 p.m. The only place to get tickets is dailywire.com. So check it out and find a theater today.
And make sure to tune in to the Daily Wire's live election coverage and check out our election map at dailywire.com. We'll be back this evening with more news you need to know.
Father, I used to feel Christ. I cannot feel anything here.
They take me out of my bed, and they brought me here, and they tell me nothing. What have I done?
Article 58, counterrevolutionary activity.
That is all I know.
They have to deal with so many enemies of the state, all of whom claim their innocence, who protest, who cry.
There are no answers here other than the ones they put in your mouth.
You'll break. Today is your opportunity to demonstrate your loyalty to the people.
I'd like to know why I'm here.
Of course. But you already know, don't you?
You must believe in something greater than the party.
You will remember your duty.
I've told you I know nothing.
They ground like a feral animal.
You stink of failure.
You want me to lie.
Still a drunk.
Damn you. They'll break.
Maybe.
Big banks don't want to fund your business, but Cardiff does. My name is William Stern. In 2004, I founded Cardiff to make funding faster and easier for small businesses. In less than five minutes, your business could qualify for up to $500,000 deposited same day, and there's zero impact to your personal credit. Get started by going to cardiff.co/dailywire. Again, that's cardiff.co/dailywire. Cardiff, borrow better.
The Democrats’ attempts to hold on to the Senate seat in Michigan takes a massive eleventh-hour hit – with a shock Democrat-endorsement of Republican Mike Rogers. The biggest bank heist in history targets crypto investors – while the stock market is shaken by a punishing tech selloff. And, an attempted high court “coup” in Poland sees its conservative president take dramatic action – meanwhile Halloween riots flare up in Germany and France. Reporting from Megan Basham. Plus, we speak with Julian Epstein, Former Democratic Strategist, and Victoria Coates, National Security Expert at the Heritage Foundation. Get the facts first with Morning Wire.- - -Ep. 3174- - -Wake up with new Morning Wire merch: https://bit.ly/4lIubt3- - -Today's Sponsors:DeleteMe - Take control of your data and keep your private life private with DeleteMe. DeleteMe monitors data broker sites that sell your personal information, works to remove it, and helps keep it removed throughout the year. Get 20% off your DeleteMe plan at https://joindeleteme.com/WIRE and use promo code WIRE at checkout.Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text WIRE to 83848 to make TWICE the impact for freedom today. ZocDoc - Find and book high-quality, in-network doctors without the phone tag. Visit https://Zocdoc.com/WIRE to get started and check that appointment off your to-do list.- - -Privacy Policy: https://www.dailywire.com/privacymorning wire,morning wire podcast,the morning wire podcast,Georgia Howe,John Bickley,daily wire podcast,podcast,news podcast
Learn more about your ad choices. Visit podcastchoices.com/adchoices