A vintage clip features former Senator Al Franken discussing a Trump campaign ad with Jake Tapper, which Franken characterizes as a "German shepherd whistle." Franken argues that the ad's focus on George Soros, Janet Yellen, and Lloyd Blankfein invokes anti-Semitic tropes related to the "Protocols of the Elders of Zion." The hosts analyze how globalist critiques are often dismissed as conspiracy theories by labeling them as dog whistles.