This is something the president predicted was right was never a legal basis for this, correct . President trump won the legal argument today. And the Supreme Court came out on his side and lifted the stay that the Appeals Court put in place. But the legal argument was never the strongest argument against the ban. Its the policy argument. Really bad policy. Tucker will you concede that there was a legal argument against it, that the left as a group made and it was that a single judge in hawaii had more power over americas Foreign Policy and control of americas borders than the president did and the Supreme Court today said thats absurd. It wasnt just hawaii, tucker. There were a number of court cases in a number of courts that stayed this travel order. And it was a close call legally. It was a close call for the Appeals Court that upheld the stay. It was also a close call for the Supreme Court. Tucker the president has got a right to make judgments like this and enforce them with law. T
Thats why we have a president. You will concede that. I think thats a valid argument and thats the argument that was made. Thats one of the arguments that persuaded the Supreme Court today. Although, keep in mind, that the court only lifted the stay. It will hear the merits of the case in october. But, yes, you are right. But, as i said, the stronger argument against this travel ban is its really bad policy. It doesnt accomplish the goal which is notomake america safer. Tucker it doesnt. You would argue the counter case that the more immigrants that we have from say somali coming into the country the safer we are . What point are you making. What i would argue on Policy Grounds this ban is both too broad and not broad enough. Let me explain. Heres why its too broad. It denies muslims from six predominantly muslim countries. Tucker let me stop and correct you. It makes no reference to religion at all. It doesnt badge muslims. It bans people who live in six countries the Obama Administra
have the same access to the profit structures of our branded suppliers, but we do challenge them as hard as we possibly can. ok, so let s start with the raw ingredients. take wheat, for example. before the pandemic, about four years ago, a bushel of wheat was trading on the market at $4.70. that spiked when russia invaded ukraine one year ago. the same amount of wheat went up to almost 13 bucks a bushel. but at the end of march this year, it was sitting at around $7, much less than the peak, but still 47% higher than before the pandemic. it s a similar story with cooking oil. before the pandemic, a pound of soybean oil was trading at around $0.29. after the war began, that shot up to nearly $0.76, so more than doubled. and now it s settled somewhere in between at around $0.55 a pound. still, 90% more than before the pandemic.
and, you know, we don t have the same access to the profit structures of our branded suppliers, but we do challenge them as hard as we possibly can. ok, so let s start with the raw ingredients. take wheat, for example. before the pandemic, about four years ago, a bushel of wheat was trading on the market at $4.70. that spiked when russia invaded ukraine one year ago. the same amount of wheat went up to almost 13 bucks a bushel. but at the end of march this year, it was sitting at around $7, much less than the peak, but still 47% higher than before the pandemic. it s a similar story with cooking oil. before the pandemic, a pound of soybean oil was trading at around $0.29. after the war began, that shot up to nearly $0.76, so more than doubled. and now it s settled somewhere in between at around $0.55 a pound. still, 90% more than before the pandemic. much of those costs follow the same
and we have an agreed kind of profit margin for them on top of their raw material costs and their operating costs. so we know exactly what s going on there. and, you know, we don t have the same access to the profit structures of our branded suppliers, but we do challenge them as hard as we possibly can. ok, so let s start with the raw ingredients. take wheat, for example. before the pandemic, about four years ago, a bushel of wheat was trading on the market at $4.70. that spiked when russia invaded ukraine one year ago. the same amount of wheat went up to almost 13 bucks a bushel. but at the end of march this year, it was sitting at around $7, much less than the peak, but still 47% higher than before the pandemic. it s a similar story with cooking oil. before the pandemic, a pound of soybean oil was trading at around $0.29. after the war began, that shot up to nearly $0.76,