I can confirm that the subtitles are accurate. But I'm less sure about the parts where they're talking over each other. Also I don't know the context that preceded this conversation but I can't imagine how it would justify this.
Pretty sure that's the obligatory "insane representation of the opposite viewpoint" panel member, as this channel isn't usually one to back these viewpoints. The other panel members argue with him for a reason. Channel 14 (propaganda channel) is where you'll hear these kinds of insane things said by the regular hosts.