(DCNF)—Republican strategist Scott Jennings said during a panel discussion on CNN’s “State of the Union” on Sunday that one potential 2028 Democratic candidate would not be the party’s future.
Democratic Govs. Tim Walz of Minnesota and Wes Moore of Maryland spoke Friday at an event hosted by Democratic South Carolina Rep. James Clyburn, according to the New York Times. Jennings, speaking on CNN, expressed doubt about the chances of Walz, who was the Democratic nominee for Vice President in 2024, to lead the party.
“The other person who spoke in South Carolina, Tim Walz, is a special mixture of extreme buffoonery and a mean spirit, which is a toxic brew,” Jennings said. “He is not the future of the Democratic Party.”
“I’ll defend the Democrats. They are for things,” the strategist added. “Illegal aliens, you’re for boys in girls sports. I mean, you are for things and that’s why you have such struggles right now in your party, because you‘re not for anything that‘s on the right side of any of the 8020 issues that are driving this cultural divide in America.”
Jennings also said that he thinks Moore “is actually a pretty talented communicator.”
“Moore is interesting. Moore is interesting,” Jennings continued. “Probably more interesting than some of the radicals you have out there. [Democratic Rep. Jasmine] Crockett [of Texas], AOC [Democratic Rep. Alexandria Ocasio-Cortez of New York], I mean, these are the true leaders of your party right now, but it might be better off replacing them.”
During his speech at the Clyburn fish fry Friday, Walz called on Democrats to “bully the shit” out of President Donald Trump and that Democrats needed to be “a little meaner.”
“Maybe it’s time for us to be a little meaner. Maybe it’s time for us to be a little more fierce, because we have to ferociously push back on this,” Walz said. “And again, I’ll speak to my teacher colleagues in here. The thing that bothers a teacher more than anything is to watch a bully, to watch this bully and to stop it. And when it’s a child, you talk to them and you tell them why bullying is wrong. But when it’s [an] adult like Donald Trump, you bully the shit out of him.”
Walz previously joked he was tracking Tesla stock and that its decline gave him “a little boost” during an event in March. Walz was also widely credited with starting the trend of labeling then-Republican Sen. JD Vance of Ohio, Trump’s running mate in the 2024 election and now his Vice President, as “weird” during a July 23 appearance on “Morning Joe,” according to multiple reports.
All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact licensing@dailycallernewsfoundation.org.
Take Control of Your Future: Why Thousands of Americans Are Embracing Self-Directed IRAs
Millions of Americans “trust” their retirement savings to one of the various companies who control their IRA, 401(k), or other retirement account. Oftentimes this “trust” is based solely on the common misconception that Americans have no other options beyond what their employers offer.
These default retirement accounts are suitable for many. Those with under $100,000 in their retirement would likely not see much of a difference if they took control of their savings. But for those with more at stake, the option of a self-directed IRA is becoming increasingly popular, especially for those who want to diversify outside of the de facto market investments favored by bulk retirement companies.
Recent data shows that over 33% of investors are now fully self-directed, a significant jump from just 21% in 2019, as people turn to alternative investments to safeguard their futures. But what exactly is a self-directed IRA, and why are thousands flocking to versions backed by gold and silver? Let’s dive in and explore how this strategy, especially when partnered with trusted providers, can empower you to build a more resilient retirement portfolio.
At its core, a self-directed IRA is a type of individual retirement account that gives you the freedom to invest in a wider array of assets beyond the traditional stocks, bonds, and mutual funds offered by conventional IRAs. While standard IRAs are typically managed by brokerage firms with limited options, an SDIRA puts you in the driver’s seat. It’s held by a specialized custodian that allows alternative investments, such as real estate, cryptocurrencies, private equity, and—most notably—precious metals like gold and silver.
This flexibility is a game-changer for savvy investors. Unlike traditional IRAs, where your choices are confined to Wall Street’s offerings, an SDIRA lets you diversify into tangible assets that can weather economic storms. The setup process is similar to rolling over funds from an existing 401(k) or IRA, but with the added benefit of personalized control. However, it’s crucial to work with a reputable custodian to ensure compliance with IRS rules, avoiding penalties for prohibited transactions.
The Rising Popularity of Self-Directed IRAs
Why the surge in interest? Economic factors are driving the shift. With inflation eroding purchasing power and market fluctuations making headlines, Americans are looking for stability. Ownership of gold alone stands at about 10.8% among Americans, and U.S. retail demand for physical gold has spiked 15% in the last year. Self-directed IRAs, particularly those focused on precious metals, have become increasingly popular since the 2008 financial crisis, as investors seek hedges against volatility and recession.
Thousands are embracing SDIRAs because they offer:
- Greater Diversification: Spread risk across assets that don’t correlate with the stock market.
- Tax Advantages: Like traditional IRAs, contributions may be tax-deductible, and growth is tax-deferred (or tax-free in Roth versions).
- Control and Customization: Tailor your portfolio to your expertise and risk tolerance.
- Protection Against Inflation: Alternative assets often hold value when paper currencies falter.
But among the options, gold and silver-backed SDIRAs stand out as a favorite for their timeless appeal and proven track record. According to Augusta Precious Metals, a gold IRA is a self-directed retirement account that provides a way to invest in physical gold — not just paper assets. It’s a powerful way to diversify, hedge and add a stabilizing factor to retirement savings.
Why Choose a Gold and Silver-Backed Self-Directed IRA?
Precious metals have been a store of value for centuries, and in today’s uncertain world, they’re more relevant than ever. A gold or silver IRA allows you to hold physical precious metals in your retirement account, providing a tangible hedge against economic downturns.
Here’s why thousands are favoring this approach:
- Hedge Against Inflation and Dollar Weakness: Gold and silver often rise in value when fiat currencies lose ground, preserving your wealth’s purchasing power.
- Portfolio Stability: These metals can reduce overall volatility, acting as a counterbalance to stock-heavy portfolios during market crashes.
- Geopolitical Safeguard: In times of global instability, precious metals offer security that digital or paper assets can’t match.
- Long-Term Growth Potential: Historical data shows gold’s value has appreciated over time, with increasing demand from investors and industries alike.
Unlike other alternatives like real estate, which can involve management hassles, gold and silver are easy to store and liquidate. Plus, with IRS-approved depositories handling secure storage, you get peace of mind without the headaches.
Augusta Precious Metals: Your Partner in Gold and Silver IRAs
When it comes to setting up a gold or silver-backed self-directed IRA, not all providers are created equal. Augusta Precious Metals has emerged as a leader, earning top ratings for transparency, service, and customer satisfaction. Founded in 2012, Augusta specializes in helping Americans diversify their retirement with physical precious metals, boasting thousands of 5-star reviews and numerous industry awards.
What sets Augusta apart?
- Personalized Guidance: From the start, you’ll work with a dedicated representative who educates you on gold and silver investing, providing insights not found elsewhere.
- Streamlined Process: Augusta handles up to 95% of the paperwork, making rollovers simple and stress-free.
- Lifetime Support: Enjoy ongoing education through their Knowledge Hub, with articles, market news, and expert analysis to keep you informed.
- Commitment to Integrity: Transparency is key—Augusta ensures no hidden fees and honest transactions every step of the way.
Customers rave about Augusta’s approach. One reviewer noted, “Their team made the entire process effortless, and I feel confident in my diversified portfolio.” With a focus on protecting your legacy, Augusta treats every client like family.
Join the Thousands Taking Control Today
As economic challenges persist, self-directed IRAs backed by gold and silver offer a smart path to financial independence. Don’t leave your retirement to chance—embrace the control and security that thousands of Americans are discovering.
Contact Augusta Precious Metals today for a free Gold IRA guide and start building a brighter future. They will schedule a one-on-one educational session to discuss your personal retirement needs.
