1
00:00:00,040 --> 00:00:00,480
Speaker 1: Stay tired.

2
00:00:00,560 --> 00:00:02,240
Speaker 2: Richard Arnold, good Monday morning to you.

3
00:00:02,279 --> 00:00:03,920
Speaker 1: Good morning, my tensions and Lucknik.

4
00:00:03,920 --> 00:00:04,560
Speaker 3: Where are we at?

5
00:00:05,080 --> 00:00:07,760
Speaker 1: Yeah, the system of old age pensions here is very

6
00:00:07,800 --> 00:00:10,440
Speaker 1: much in the spotlight right now. This is money that

7
00:00:10,560 --> 00:00:12,959
Speaker 1: is taken from everyone's wages and put into a separate

8
00:00:13,000 --> 00:00:16,200
Speaker 1: fund to pay Social Security checks, as they call them.

9
00:00:16,600 --> 00:00:20,080
Speaker 1: It was put into effect by Roosevelt in the nineteen thirties,

10
00:00:20,239 --> 00:00:22,120
Speaker 1: so I've been around for a long long while. Sort

11
00:00:22,160 --> 00:00:26,880
Speaker 1: of a fundamental aspect of US governance. The role of

12
00:00:26,960 --> 00:00:29,200
Speaker 1: the administration was to bank the money and send out

13
00:00:29,400 --> 00:00:33,199
Speaker 1: pension payments. Sadly, governments from both parties took some of

14
00:00:33,240 --> 00:00:35,519
Speaker 1: the money and spent it on other things. So the

15
00:00:35,560 --> 00:00:39,120
Speaker 1: fund has some issues now into Elon Musk, who calls

16
00:00:39,120 --> 00:00:41,479
Speaker 1: the system a Ponzi scheme, which it certainly is not.

17
00:00:41,560 --> 00:00:43,840
Speaker 1: It's taxed by our money. Nothing to do with Musk

18
00:00:43,920 --> 00:00:45,800
Speaker 1: and whatever he might want to spend it on. And

19
00:00:45,840 --> 00:00:48,760
Speaker 1: now Trump's Commerce secretary how it, Lutnek says, what does

20
00:00:48,800 --> 00:00:52,200
Speaker 1: it matter if old folks don't get their checks on time?

21
00:00:52,440 --> 00:00:57,360
Speaker 2: Let's say sold Security didn't send out their checks this month.

22
00:00:58,440 --> 00:01:02,200
Speaker 2: My mother in law whose name four, she wouldn't call

23
00:01:02,280 --> 00:01:05,520
Speaker 2: and complain. She just wouldn't. She thinks something got messed

24
00:01:05,600 --> 00:01:09,119
Speaker 2: up and she'll get it next one h A fraudster

25
00:01:10,600 --> 00:01:15,240
Speaker 2: always makes the loudest noise, screaming, yelling and complain.

26
00:01:15,400 --> 00:01:18,240
Speaker 1: What the hell is wrong with this guy in the

27
00:01:18,319 --> 00:01:21,320
Speaker 1: idiot interview? You didn't get a promise pension payment? Well,

28
00:01:21,400 --> 00:01:23,880
Speaker 1: you know, get some cash from you x woll Street

29
00:01:23,920 --> 00:01:26,360
Speaker 1: to invest the son because anyone who complains would be

30
00:01:26,360 --> 00:01:29,760
Speaker 1: a criminal, right Fumer. Commissioner of Social Security Martin Imelli

31
00:01:29,840 --> 00:01:33,640
Speaker 1: says this is despicable because she says.

32
00:01:33,400 --> 00:01:37,200
Speaker 3: Forty percent of all seniors living alone depend entirely upon

33
00:01:37,319 --> 00:01:38,200
Speaker 3: Social Security.

34
00:01:38,280 --> 00:01:42,840
Speaker 1: Yeah, we're talking about forty million people. Amelie, a Democrat.

35
00:01:42,360 --> 00:01:46,200
Speaker 3: Says people should be rightly outraged. They have worked their

36
00:01:46,200 --> 00:01:49,960
Speaker 3: whole lives for these benefits. They have worked over generations

37
00:01:50,000 --> 00:01:52,040
Speaker 3: to make sure that they could be there for their

38
00:01:52,080 --> 00:01:55,080
Speaker 3: own kids and grandkids. And what's going on right now

39
00:01:55,080 --> 00:01:57,800
Speaker 3: at Social Security is absolutely appalled.

40
00:01:57,840 --> 00:02:00,600
Speaker 1: Well, what's going on? Here's the Dalon Mosque. Minions have

41
00:02:00,640 --> 00:02:02,880
Speaker 1: announced plans to fire thousands of people who work at

42
00:02:02,920 --> 00:02:06,720
Speaker 1: Social Security and also to close field offices where elderly

43
00:02:06,760 --> 00:02:09,160
Speaker 1: people might have been taking their concerns so you know,

44
00:02:09,200 --> 00:02:11,240
Speaker 1: they might have to travel a bit further, lot further.

45
00:02:11,320 --> 00:02:13,680
Speaker 1: Who knows all this? While Trump's acting head of Social

46
00:02:13,680 --> 00:02:16,040
Speaker 1: Security threatened the other day to shut down the entire

47
00:02:16,080 --> 00:02:18,959
Speaker 1: Social Security administration, then a couple of days on said, ah,

48
00:02:19,120 --> 00:02:21,679
Speaker 1: didn't mean it, folks, because after all, if you don't

49
00:02:21,680 --> 00:02:24,480
Speaker 1: get a pension check, Mike, what's the worry? What's it matter?

50
00:02:24,840 --> 00:02:26,959
Speaker 2: Where are we at with the Dems? Yeah?

51
00:02:27,120 --> 00:02:29,640
Speaker 1: Better late than ever. The top Democrat in the Senate,

52
00:02:30,120 --> 00:02:32,519
Speaker 1: Chuck Schumer, is trying to hit back against complaints within

53
00:02:32,560 --> 00:02:35,320
Speaker 1: his own party, mostly that Democrats are weak in responding

54
00:02:35,360 --> 00:02:37,440
Speaker 1: to the Trump administration. That have been calls for human

55
00:02:37,480 --> 00:02:39,960
Speaker 1: to quit, he says today, not quitting. He is also

56
00:02:40,040 --> 00:02:42,840
Speaker 1: responding belatedly to those who slammed him for signing on

57
00:02:42,880 --> 00:02:46,399
Speaker 1: to that temporary debt increase which prevented the government shut down.

58
00:02:46,440 --> 00:02:48,840
Speaker 1: The other day. A number of Dems said they should

59
00:02:48,840 --> 00:02:51,680
Speaker 1: not have cooperated with Republicans and keeping the government open

60
00:02:51,720 --> 00:02:55,200
Speaker 1: with a Continuing Resolution CR in which the Dems had

61
00:02:55,240 --> 00:02:57,640
Speaker 1: no input but their votes were needed to get it pass. Well,

62
00:02:57,639 --> 00:03:00,160
Speaker 1: Schumer now is explaining his worries a bit more or

63
00:03:00,360 --> 00:03:02,480
Speaker 1: the Trump and Musk would have taken charge completely and

64
00:03:02,520 --> 00:03:05,400
Speaker 1: could have kept the government closed for months.

65
00:03:05,560 --> 00:03:09,440
Speaker 2: Who determines how long the shutdown would last. Only those

66
00:03:09,560 --> 00:03:12,800
Speaker 2: evil people at the top of the executive branch in

67
00:03:12,840 --> 00:03:17,400
Speaker 2: the Trump administration. And one Senator Republican told a Democratic

68
00:03:17,440 --> 00:03:19,920
Speaker 2: senator colleague of mine, and this guy is close. This

69
00:03:19,960 --> 00:03:24,280
Speaker 2: Republican senator is close to the dojemask people. They would

70
00:03:24,360 --> 00:03:27,040
Speaker 2: keep the government shutdown for six months, nine months a

71
00:03:27,120 --> 00:03:29,040
Speaker 2: year till everyone was furloughed.

72
00:03:29,400 --> 00:03:34,480
Speaker 1: So that's his take. Meantime, left wing lives Senator Bernie

73
00:03:34,480 --> 00:03:37,800
Speaker 1: Sanders and Alexandria Casio Cootis have been out on the

74
00:03:37,840 --> 00:03:40,880
Speaker 1: campaign trial doing rallies in Republican red states and drawing

75
00:03:41,240 --> 00:03:43,720
Speaker 1: just big numbers. Bernie Sanders just had some thirty thousand

76
00:03:43,720 --> 00:03:46,520
Speaker 1: people attending an event in Denver, thirty thousand. That is

77
00:03:46,560 --> 00:03:48,920
Speaker 1: more than he ever drew when he was actually running

78
00:03:49,080 --> 00:03:52,600
Speaker 1: for president. Well, right, might catch up Winsday Richard Donald slitside.

79
00:03:52,480 --> 00:03:55,400
Speaker 2: For more from the Mic Hosking Breakfast Listen live to

80
00:03:55,520 --> 00:03:58,560
Speaker 2: news talks. It'd be from six am weekdays, or follow

81
00:03:58,600 --> 00:04:00,320
Speaker 2: the podcast on iheartrad Out