Tucker Blasts McKinsey: For Decades, They Promoted ‘Outsourcing’ Which Made Us ‘Terrifyingly Vulnerable’ Today

RUSH TRANSCRIPT Tucker That ░░░░░░░░ and welcome to Tucker ░░░░░░░░ Tonight If you are ░░░░░░░░ the age of a ░░░░░░░░ you have never lived ░░░░░░░░ a world where that ░░░░░░░░ Nations was not the ░░░░░░░░ powerful country on Earth ░░░░░░░░ centuries America s dominance ░░░░░░░░ shaped the globe many ░░░░░░░░ our most basic assumptions ░░░░░░░░ we think of America ░░░░░░░░ democracy culture art and ░░░░░░░░ value of human life ░░░░░░░░ now much of the ░░░░░░░░ s assumptions at least ░░░░░░░░ This has been an ░░░░░░░░ century but there is ░░░░░░░░ mandate that we could ░░░░░░░░ the world forever In ░░░░░░░░ ways this pandemic has ░░░░░░░░ us that it has ░░░░░░░░ vulnerable we are We ░░░░░░░░ longer make masks here ░░░░░░░░ need specific medicines and ░░░░░░░░ know longer need thos ░░░░░░░░ Ct scans in an ░░░░░░░░ list of other critical ░░░░░░░░ none of them are ░░░░░░░░ here anymore Just like ░░░░░░░░ phones and our routers ░░░░░░░░ our machine tools in ░░░░░░░░ airplane parts China makes ░░░░░░░░ awful lot of what ░░░░░░░░ use and by the ░░░░░░░░ a lot of what ░░░░░░░░ military uses China has ░░░░░░░░ rich from selling all ░░░░░░░░ this to us and ░░░░░░░░ s why when we ░░░░░░░░ to raise money in ░░░░░░░░ crisis this crisis for ░░░░░░░░ we sell our debt ░░░░░░░░ China If America goes ░░░░░░░░ after all this bankruptcy ░░░░░░░░ the way that our ░░░░░░░░ are responding to the ░░░░░░░░ that could happen It ░░░░░░░░ likely be the Chinese ░░░░░░░░ bail us out they ░░░░░░░░ the only ones who ░░░░░░░░ afford it All of ░░░░░░░░ is real and horrifying ░░░░░░░░ most of us are ░░░░░░░░ waking up to it ░░░░░░░░ So the question is ░░░░░░░░ did it happen How ░░░░░░░░ the world s richest ░░░░░░░░ become dependent upon a ░░░░░░░░ foreign dictatorship There are ░░░░░░░░ lot of reasons for ░░░░░░░░ Our leadership class allowed ░░░░░░░░ to happen Sometimes they ░░░░░░░░ it in secret And ░░░░░░░░ got rich from doing ░░░░░░░░ Last night we talked ░░░░░░░░ you about a consulting ░░░░░░░░ called Mckinsey and company ░░░░░░░░ is the recruiter of ░░░░░░░░ for many graduates Pete ░░░░░░░░ did out of Harvard ░░░░░░░░ makes money selling advice ░░░░░░░░ that advise Saudi Arabia ░░░░░░░░ crown Prince for example ░░░░░░░░ to silence all descent ░░░░░░░░ his kingdom In the ░░░░░░░░ Mckinsey urged banks to ░░░░░░░░ something called securitization that ░░░░░░░░ the practice of selling ░░░░░░░░ loans That practice led ░░░░░░░░ to the 2008 financial ░░░░░░░░ Mckenzie promoted a concept ░░░░░░░░ outsourcing U S Companies ░░░░░░░░ argued could increase short ░░░░░░░░ profits by sending many ░░░░░░░░ their Jobs overseas Kenzie ░░░░░░░░ this process by producing ░░░░░░░░ house research which in ░░░░░░░░ end they thought would ░░░░░░░░ it didn t happen ░░░░░░░░ early on Mckenzie even ░░░░░░░░ its services to the ░░░░░░░░ party of China at ░░░░░░░░ discount The managing director ░░░░░░░░ at the advisory board ░░░░░░░░ the China developing bank ░░░░░░░░ is the main driver ░░░░░░░░ of the most aggressive ░░░░░░░░ brutal kind of colonialism ░░░░░░░░ the world has seen ░░░░░░░░ more than 100 years ░░░░░░░░ China rose and America ░░░░░░░░ but Mckenzie still found ░░░░░░░░ to make money here ░░░░░░░░ the U S The ░░░░░░░░ advised Purdue Pharma on ░░░░░░░░ they could Supercharge sales ░░░░░░░░ their addictive painkiller oxycontin ░░░░░░░░ urged Purdue to use ░░░░░░░░ orders to bypass pharmacists ░░░░░░░░ were trying to keep ░░░░░░░░ from getting narcotics Mckenzie ░░░░░░░░ Purdue on how to ░░░░░░░░ the emotional messages from ░░░░░░░░ with teenagers who overdosed ░░░░░░░░ opioids Considering all the ░░░░░░░░ this country has sustained ░░░░░░░░ the past 40 years ░░░░░░░░ loss of manufacturing and ░░░░░░░░ drug academic epidemic that ░░░░░░░░ changed art demographics leaders ░░░░░░░░ with foreign dictatorships and ░░░░░░░░ financial ice economy Mckinsey ░░░░░░░░ company is