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Speaker 1: Line from ball Hartbiner and the Crossroads of America. It's

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Speaker 1: Tony Katz today. So these reports come out today about

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Speaker 1: inflation CPI Consumer Price Index, and it says it rows

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Speaker 1: two point four percent annually, and off to the races,

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Speaker 1: everybody wents. Inflation's down, Trump's done it, Inflation is over.

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Speaker 1: Inflation is not over. But why can't we say that

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Speaker 1: point two percent is a really good number? Tony Katz,

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Speaker 1: Tony Katz today. Good to be here, Good to be

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Speaker 1: with you. Doctor Matt Will joins us. He is our

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Speaker 1: economist from the University of Indianapolis. The report states that

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Speaker 1: it is point two percent up on the consumer prices,

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Speaker 1: point three percent, uh, with the core really two and

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Speaker 1: a half percent. Listen to CNBC. So we can annualize

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Speaker 1: it to two point four percent, which is very close

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Speaker 1: to the target of two percent. Shouldn't there be cheering

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Speaker 1: in the streets that inflation is slowly moving in the

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Speaker 1: right direction.

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Speaker 2: No, no, no, no no. And I'm so disappointed that

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Speaker 2: we have become complacent and we accept a higher than

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Speaker 2: elevated inflation. And the core is point three that's three

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Speaker 2: point six percent. It is not under control. It is

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Speaker 2: stalled at an elevated level. And remember the targets one

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Speaker 2: to two, and we always talk about two. No, I

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Speaker 2: refuse to it's one to two. That's the target, and

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Speaker 2: just clipping the top of the target is not good.

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Speaker 2: That's still too high. So we have not controlled inflation.

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Speaker 2: It is not gone. And producer prices are still annualized

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Speaker 2: at six percent. So no, inflation is not gone. And

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Speaker 2: the market, the market agrees with me. The market kind

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Speaker 2: of took a yawn and said, Okay, not bad, not good.

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Speaker 2: I think they're moving on and looking at other things.

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Speaker 1: Moving on and looking at what other things? You mean,

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Speaker 1: other indicators.

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Speaker 2: No, I think they're saying, okay, this is a nothing burger.

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Speaker 2: We're going to go back and look at earnings, how's

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Speaker 2: how our company's doing. We're going to look at how

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Speaker 2: AI specifically anthropic, which is a big play in the

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Speaker 2: market right now. And you know, we're gonna move along

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Speaker 2: and look at other things. I don't think the market's

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Speaker 2: going to pay a lot of attention to this report

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Speaker 2: because this report did not move the needle. Inflation is here,

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Speaker 2: but it's not a killer, but it's also still here.

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Speaker 1: Talking to doctor Matt Will, economist at the University of Indianapolis.

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Speaker 1: I understand how you do it. You take a look

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Speaker 1: at the point too, you multiply by twelve, you get

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Speaker 1: two point four. You take a look at the core,

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Speaker 1: which excludes food and energy pricing, and you get to

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Speaker 1: it's point three, and you get to three point six percent.

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Speaker 1: But I guess if we see these numbers, and we

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Speaker 1: see it rows less than expected, you can still make

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Speaker 1: the argument that there's even if there's more money in

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Speaker 1: the system, there's more spending in the system, and it

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Speaker 1: isn't causing inflation to run away. There is something valuable

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Speaker 1: in that that we can all hang our hats on.

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Speaker 2: Yes, let me tell you whether there's something valuable. Where

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Speaker 2: there's something valuable is that it could be a lot worse,

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Speaker 2: and again it beat expectations. And the reason it's not

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Speaker 2: a lot worse is because of good Trump. Good Trump

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Speaker 2: is growing the economy at almost five percent. The Atlanta

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Speaker 2: set is still over five percent in their forecast for

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Speaker 2: the next quarter, which is phenomenal for an economy of

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Speaker 2: our size. He is doing things like you know, rescinding

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Speaker 2: this insane act that was issued by Obama many years ago,

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Speaker 2: which is causing growth. He's causing what's called we call

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Speaker 2: capital deepening with all these little things that he's doing.

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Speaker 2: We will not increase his capital expenditures. He's doing a

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Speaker 2: lot of things.

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Speaker 1: You brought up something interesting, what doctor Will is talking

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Speaker 1: about is what the EPA put out just yesterday. It

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Speaker 1: was President Trump, it was Lee Zelden, and this is

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Speaker 1: what God SAIDs there right there, doctor, Well, this is

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Speaker 1: what President Trump said.

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Speaker 3: But I'm pleased to be joined today by EPA Administrator

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Speaker 3: leez Elden, who you all know, and to announce the

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Speaker 3: single largest deregulatory action in American history.

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Speaker 1: That's a big statement in American history. And I think

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Speaker 1: we can add the words by far.

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Speaker 3: Under the process just completed by the EPA, we are

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Speaker 3: officially terminating the so called Endangerment Finding, a disastrous Obama

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Speaker 3: era policy that severely damaged the American auto industry and

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Speaker 3: massively drove up prices for American consumers. Prices went up incredibly.

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Speaker 1: For a worse product. Listen, cars aren't rageously expensive fifty

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Speaker 1: thousand dollars average price, people doing thousand dollars a month payments.

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Speaker 1: But the Endangerment Rule, the Endangement Finding from two thousand

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Speaker 1: and nine that discusses that carbon dioxide, methane, nitros oxide,

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Speaker 1: hydrofluora carbons, per flora carbons, at sulfur hexafluoride, they threaten

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Speaker 1: public health and welfare. Now I'm not saying these things

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Speaker 1: are great for you, but what happened in two thousand

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Speaker 1: and nine was to set up for the Green New

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Speaker 1: Deal and the huge progressive agenda. This push that did

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Speaker 1: raise the prices of all sorts of things, including automobiles.

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Speaker 1: When you take a look at this move on the

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Speaker 1: EPA's part, before we get into some of the other

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Speaker 1: things you're talking about regarding capital expenditures, this move celebrated

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Speaker 1: by Wall Street or is a meth.

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Speaker 2: By Wall Oh my gosh, genius. You know. Can I

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Speaker 2: grab some Trump hyperbole and throw it in here? This

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Speaker 2: was It's fantastic. Let me explain why it's a dual thing. Okay.

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Speaker 2: One is getting rid of this ridiculous EPA Endangerment finding,

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Speaker 2: which was basically a political decision, not a scientific decision.

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Speaker 2: But it compares it with this thing called NEPA reform,

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Speaker 2: which Trump did also National Environmental Policy Act. What he

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Speaker 2: did is he said, in injunction with what he did yesterday,

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Speaker 2: is the EPA block things typically between eight and ten years.

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Speaker 2: The EPA just throws it into the black hole of

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Speaker 2: the EPA and you can't get a project approved to

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Speaker 2: grow your business. Well, if Trump said no, no, no,

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Speaker 2: no no, the EPA must make a decision between one

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Speaker 2: and two years, and if they don't make a decision

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Speaker 2: within one to two years, you can go forward with

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Speaker 2: your project. This has accelerated investment in our country, domestic investment,

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Speaker 2: foreign investment. Who would wait eight to ten years to

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Speaker 2: make an investment, put up a factory, to build something.

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Speaker 2: The economy changes in eight to ten years. This is

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Speaker 2: a fantastic Again, lots of hyperbole to get rid of

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Speaker 2: the stupid NEPA issue and get rid of the EPA

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Speaker 2: endangerment finding these two things are growing the economy, which

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Speaker 2: goes back to our conversation. It's growing the economy, which

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Speaker 2: is counterbalancing the bad policies that exist to cause inflation,

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Speaker 2: which is why inflation is moderated. But let's not accept it.

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Speaker 2: I will not accept three point six percent inflation. I

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Speaker 2: refuse to. It's still too high.

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Speaker 1: Talking to doctor Matt Will, economist at the University of Indianapolis.

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Speaker 1: Now that is an interesting take because very often when

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Speaker 1: people hear you on the show, they're like, Tony, he's

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Speaker 1: so negative about Trump. And I make the argument, he's

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Speaker 1: not negative about Trump. He's wondering why there isn't more

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Speaker 1: happening to the positive. He celebrates one hundred positive things,

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Speaker 1: and then he notes where where some reaction are? You

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Speaker 1: don't want to accept three point six percent inflation? We

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Speaker 1: saw that tariffs the calculations calculation show that tariff's added

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Speaker 1: one thousand dollars of cost every household, and that in

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Speaker 1: twenty twenty six the projection could be thirteen hundred dollars

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Speaker 1: worth of cost. Is it taraff malone that is leading

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Speaker 1: to keeping inflation existing?

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Speaker 2: No, it's also government spending. Trump has reduced the size

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Speaker 2: of government relative to its employees, but the amount of

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Speaker 2: government spending continues to be out of control. And you know,

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Speaker 2: Trump is a He's a spender. He just doesn't spend

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Speaker 2: as much as a Democrat. He had that problem in

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Speaker 2: his first term, but he got away with it. There

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Speaker 2: wasn't inflation in this first term because he grew the economy.

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Speaker 2: Will he get away with it this time? I think

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Speaker 2: he can. I really think he can grow this thing.

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Speaker 2: When you talk about his capital deepening, bonus depreciation, capital expenditures,

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Speaker 2: neper reform, his scope of practice reforms, this guy is

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Speaker 2: hitting on sixty to seventy percent cylinders. Except he's still

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Speaker 2: spending too much and he's still doing the tariffs. And

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Speaker 2: I think he might be able to grow hisself out

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Speaker 2: of this inflation. Might. I'm not going to say he can't.

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Speaker 2: But we still have it. It's still at the producer level.

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Speaker 2: We're not seeing it as much in the CPI, but

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Speaker 2: it's still those those The PPI was six percent. That

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Speaker 2: is too much.

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Speaker 1: Now we get back to this number, this, this CPI,

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Speaker 1: what is we've seen and where the markets taken from here?

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Speaker 1: This inflation conversation that we keep discussing has zero effect

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Speaker 1: on the market. To say it, in a very gun

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Speaker 1: with the wind kind of setting, the market has said, Frankly,

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Speaker 1: my dear, I don't give a damn. They could not

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Speaker 1: care less what you scream about regarding inflation or what

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Speaker 1: I say regarding inflation. Notice I called you the scream

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Speaker 1: or not me, And they say we're gonna keep going up.

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Speaker 1: We're down fifty thousand, even though right now we're under

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Speaker 1: fifty thousand. We're gonna keep building, keep growing. Gas prices

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Speaker 1: are down, you got a whole host of other prices

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Speaker 1: are down. It's good enough for us to grow. So

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Speaker 1: you're making the argument of how dare we accept this,

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Speaker 1: and the market is making the argument of, of course,

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Speaker 1: this is just fine. Is there a moment where the

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Speaker 1: market doesn't accept?

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Speaker 2: Okay, I'm gonna disagree with what you said. I think

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Speaker 2: the market is one hundred percent on the same page

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Speaker 2: as me. They see the inflation, they see it's real,

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Speaker 2: but they also see all these great things. The market

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Speaker 2: is not an anti Trump pro Trump. The market is

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Speaker 2: a realist. It's like me. We look at the data.

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Speaker 2: So I believe the market sees a majority of the

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Speaker 2: data that's good. That the tariffs are bad, inflation is

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Speaker 2: not good, but we see the earnings coming out. You

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Speaker 2: can't deny the earnings that have been announced by companies.

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Speaker 2: We talked about the other day. Coca Cola up twenty

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Speaker 2: three percent for the year. Coke doesn't grow that much.

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Speaker 2: There is good news on Wall Street, and Wall Street says, yeah,

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Speaker 2: we got some bad news over here, but man, this

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Speaker 2: is good news. It's pretty impressive.

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Speaker 1: So now, what's next?

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Speaker 2: Right.

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Speaker 1: The moves of the EPA we like quite a bit.

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Speaker 1: The moves of the tariffs we don't like quite a bit.

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Speaker 1: We're seeing that people are talking about investments. You have

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Speaker 1: another trade deal that just got struck with Taiwan. But

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Speaker 1: I haven't seen the dollars hit our shores. I haven't

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Speaker 1: seen shovels into the ground. As an economist views this,

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Speaker 1: what is next, What is the thing that if X well,

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Speaker 1: then that is going to lead to a result that

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Speaker 1: Midwest main Street can feel.

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Speaker 2: Okay, I'm going to again say that you haven't seen

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Speaker 2: the shovels in the ground yet, but I think they're

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Speaker 2: in the planning process. Because when Trump announces these billions

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Speaker 2: of dollars of investing in the country, they're legit. But

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Speaker 2: you don't flip a switch and stick a shovel in

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Speaker 2: the ground. What he's doing with this Kneppa reform, what

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Speaker 2: he's doing with you know, his announcement yesterday, what he's

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Speaker 2: doing with you know, capital deepening. All these things take

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Speaker 2: a little bit of time, and he's put in pieces

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Speaker 2: in place. You know, Trump is an interesting irony because

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Speaker 2: he's so much into the PT barlum Barnum, you know,

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Speaker 2: bragging about everything. But then if you look behind the scenes,

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Speaker 2: the nerdy little things about Capex expenditures and Napper reform

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Speaker 2: and AI, there's all these little things going on that

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Speaker 2: don't make headlines that I believe are even more important

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Speaker 2: than the stuff he announces with a big press conference.

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Speaker 1: So that leads us to what is it that we

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Speaker 1: should be looking for. We have Venezuelan oil sales at

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Speaker 1: a billion dollars. We're now controlling a whole bunch of that.

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Speaker 1: We're we're taking more of the lead in that. We've

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Speaker 1: talked about earnings. You know, we talked about Coca Cola.

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Speaker 1: Instacart had strong results going on. What we see is

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Speaker 1: this is building, This is building, this is growing, this

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Speaker 1: is successful. And yet what I think we also are

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Speaker 1: feeling in our homes are credit card debt is now

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Speaker 1: one point two eight trillion dollars. There's a report from

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Speaker 1: the Wall Street Journal that Americans of higher incomes are

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Speaker 1: starting to fall behind on payments. And we still end

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Speaker 1: up with this dichotomy, this strange bit of we should

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Speaker 1: all be feeling better about this, this should be somehow

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Speaker 1: going better. Yet there are these things that keep tugging

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Speaker 1: at us and pulling back at us. Some of it

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Speaker 1: is indeed political, sir, It is a political left versus

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Speaker 1: Donald Trump, and they can't admit that anything is good.

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Speaker 1: They talked about egg prices until egg prices came down,

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Speaker 1: and then they never heard of an egg. They won't

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Speaker 1: talk about gas prices being down. And these things are happening.

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Speaker 1: So what do these things? Americans with higher incomes falling

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Speaker 1: behind on payments, right, we've got levels between thirty sixty

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Speaker 1: ninety and one hundred days one hundred twenty days late.

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Speaker 1: The idea that credit card debt is one point two

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Speaker 1: eight trillion dollars. Are these just well, that's that's cyclical,

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Speaker 1: or are these the ticking time bomb things that keep

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Speaker 1: everybody else, keep us from saying to everybody else, everything's perfect.

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Speaker 2: They are not ticking time bombs, but they are a problem.

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Speaker 2: And I know this sounds so boring to people to hear,

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Speaker 2: but I'm just going to repeat what even Trump has said,

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Speaker 2: and that is patience. The good things that have been

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Speaker 2: put in place during this administration are still working their

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Speaker 2: way through the system. We just got the announcement yesterday

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Speaker 2: about repealing this ridiculous Obama era issue We've seen the

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Speaker 2: reforms and energy policy. It's not going to happen overnight. Yes,

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Speaker 2: we still have some holdover credit problems. Yes we have

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Speaker 2: some income problems that are held over. But it is

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Speaker 2: moving in the right direction and we just have to

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Speaker 2: sit tight. I hope, and you know, because I'm not

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Speaker 2: going to lie about where I stand on these things.

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Speaker 2: But I hope that the ship turns sufficiently enough by November.

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Speaker 2: But it may take that long. We're in this social media,

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Speaker 2: instant gratification, instant information economy that is working to Trump's

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Speaker 2: disadvantage because he reacts too quickly to news and reports

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Speaker 2: and social media. He's got to take his own advice

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Speaker 2: and just be patient, do the right job, and things

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Speaker 2: will be on the right track.

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Speaker 1: Again.

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Speaker 2: If he could get lower inflation and rid of the tariffs,

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Speaker 2: they're not going to happen. He's going to deal with those,

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Speaker 2: but most of the stuff he does is on the

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Speaker 2: right track. We just need to be patient. That may

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Speaker 2: be a boring answer, but that's the truth.

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Speaker 1: Not only is it the right answers I see, and

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Speaker 1: it's the answer that I've been trying to advise Scott

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Speaker 1: Besson to engage in the answer is we're doing all

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Speaker 1: the right things. We're cleaning up the Biden mess and

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Speaker 1: look at the success. And there was a there was

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Speaker 1: this conversation that's stopped best of the Treasury Secuary has

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Speaker 1: been having about when you see your tax returns because

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Speaker 1: the one big beautiful bill, everything will be better. Look

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Speaker 1: at the refund checks you're getting. Now, I already had

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Speaker 1: to spend it, so I'm getting some money back, great,

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Speaker 1: But can refund checks? Is that? Uh? Solid economic news?

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Speaker 2: You know, it's not solid economic news, but it's solid

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Speaker 2: pr news because the people who generally get those checks

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Speaker 2: are usually people in the lower income brackets. So that's

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Speaker 2: who Trump is trying to appeal to because those are

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Speaker 2: the folks being hurt most by the inflation. So I

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Speaker 2: actually think there's a good political play on the refund

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Speaker 2: check angle for that segment of the population. So I

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Speaker 2: don't I don't begrudge him for hyping that up. But

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Speaker 2: he's also you know, like you and I say, he

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Speaker 2: can't be lying about the inflation and the tariff thing.

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Speaker 2: That's that's still real.

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Speaker 1: Doctor Matt Well, economists at the University of Indianapolis. I

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Speaker 1: appreciate you taking the time to be with us more

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Speaker 1: to get to keep it here. Guys, I'm Tony Kats.

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Speaker 1: This is Tony Kats today. So just when you thought

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Speaker 1: everything was safe and getting back to normal and fine,

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Speaker 1: you realize, oh my gosh, there are wolves. Tony Kats,

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Speaker 1: Tony Katz today. Good to be here and good to

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Speaker 1: be with you. Find it all Tony Katz dot com. Yeah,

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Speaker 1: pjmdia with the story the first gray wolf sighting in

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Speaker 1: Los Angeles County in over a century. Now, I must

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Speaker 1: admit I don't know much about the gray wolf. It's beautiful,

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Speaker 1: and I am also pretty sure that it could eat you.

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Speaker 1: These are the two things that I know about the

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Speaker 1: gray wolf. Beautiful, really enjoyed their acting, working Game of Thrones,

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Speaker 1: can eat you? These are the three things I know.

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Speaker 1: Spotted near Santa Clarita. Oh, I used to live near

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Speaker 1: Santa Clarita. I mean I was still in San Fernando Valley,

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Speaker 1: but I used to live near Santa Clarita. Spotted over

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Speaker 1: the weekend the first known wild wolf in the region

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Speaker 1: since the nineteen twenties, and then was seen again across

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Speaker 1: the La County line in a place called Kern County.

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Speaker 1: So is that moving north? I think that's moving north.

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Speaker 1: I don't know what I'm supposed to take from this,

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Speaker 1: as in, did we just not see them for X

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Speaker 1: number of years and they were always there? They were

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Speaker 1: just much better in the hiding and now they're doing

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Speaker 1: some exploring. Is this a wolf that got separated from

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Speaker 1: a level of a pack and is now just out

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Speaker 1: on its own trying to do its own thing? And well,

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Speaker 1: I don't know, find a mate for just fine food

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Speaker 1: or do it. I don't know what it's supposed to

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Speaker 1: tell us. It is mating season for gray wolves, so

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Speaker 1: it's expected to see them on the move. And yes,

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Speaker 1: they do travel hundreds, possibly thousands of miles in order

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Speaker 1: to find a mate. And young men today won't even

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Speaker 1: go out to a bar. The wolves still have that

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Speaker 1: prime directive. We need to put that back in our kids,

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Speaker 1: we really do. No, you can't make that kind of

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Speaker 1: connection in stories. I think you can. I think I

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Speaker 1: did interesting about the wolves. But I'll tell you I

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Speaker 1: went to dump out the cigar ass tray two nights

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Speaker 1: ago and I heard something in the backyard that made

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Speaker 1: me think it was a wolf d right back inside.

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Speaker 1: So they're nice, but maybe we'll just keep them in

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Speaker 1: all say. This is Tony Katz Today. Americans are crystal

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Speaker 1: clear about how they feel about ICE. The status quo

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Speaker 1: cannot continue. Every time Chuck Schumer speaks, I'm pretty sure

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Speaker 1: an angel loses its wings. Tony Katz, Tony Katz Today,

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Speaker 1: Good to be here, Good to be with You find

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Speaker 1: everything at Tony Katz dot com. Americans don't think that

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Speaker 1: ICE should be eliminated. They don't. If anything, They've made

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Speaker 1: crystal clear that they want illegal immigrants out of the country.

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Speaker 1: But when you're Chuck Schumer and you're playing to a

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Speaker 1: base which has already told him they don't give a

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Speaker 1: damn about him, you have to keep doing this. ICE

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Speaker 1: should remain, I should keep doing the job. You want

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Speaker 1: to change a tactic, go right ahead. But I'm not

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Speaker 1: about to forget that Renee Good didn't listen to law enforcement,

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Speaker 1: and Alex pretty was known to law enforcement that was

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Speaker 1: already violent towards law enforcement. We're not going to forget

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Speaker 1: these things. And I still favor the investigation. And guys,

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Speaker 1: that's the difference between US and Chuck Schumer. That's a

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Speaker 1: difference between us and progressives. The problem before us is

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Speaker 1: that the progressive doesn't care for rationality. They believe they

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Speaker 1: can continue to gin up emotionally, and every time they

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Speaker 1: bring up some subjects, some madness, some total crap. Everything

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Speaker 1: about Chuck Schumer is wrong. Every single one of his

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Speaker 1: policies is wrong. He lacks every leadership skill that there is.

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Speaker 1: He's an indecent man on every level, and he doesn't

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Speaker 1: know how to make a cheeseburger. So we're covered on

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Speaker 1: Chuck Schumer. The problem is we are always put into

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Speaker 1: these positions where we have to be like, you can't

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Speaker 1: actually believe what he's saying here. He doesn't believe what

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Speaker 1: he's saying here. And the part that I find amazing

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Speaker 1: is he's still trying to connect with the hard and

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Speaker 1: progressive left, which is already said we don't like you.

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Speaker 1: If he should run for Senate again, he's going to

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Speaker 1: lose the primary. He's going to lose because he didn't

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Speaker 1: allow for the shutdown the first time around. There is

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Speaker 1: no conversation about how we make things better. There's only

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Speaker 1: a conversation about how we destroy our enemy. That's where

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Speaker 1: the political left is, and the political right has not

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Speaker 1: learned the lesson. They have not learned how to fight.

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Speaker 1: They don't know how to attack back. I've been saying

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Speaker 1: this for days now, something that you've been saying for

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Speaker 1: forever as well, but lately, especially with this Ice conversation. Man,

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Speaker 1: it's embarrassing. It is embarrassing. Now not everything is embarrassing,

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Speaker 1: and not everyone is like that. This was Senator Lindsey

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Speaker 1: Graham talking about Greenland. So what is your message for

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Speaker 1: your friends from Europe here who are obviously nervous.

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Speaker 4: Yeah, well, if you're nervous, have a beer, go see

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Speaker 4: a doctor. Stop being nervous.

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Speaker 1: They'll be nervous. Yeah.

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Speaker 4: The point is everybody loves NATO. Well, I love it

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Speaker 4: more because people are doing moretler Mertz NATO. Good. How

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Speaker 4: many of you believe NATO would be contributing this much

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Speaker 4: money if it weren't for Trump. You know, I have

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Speaker 4: to raise your hand. He's making them do it. He's

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Speaker 4: given them a reason to do it, and they're doing it.

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Speaker 4: So let's celebrate.

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Speaker 1: Yeah, you think Vladimir Putin Donald Trump were the ones

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Speaker 1: that finally got Europe to start It's yeah. I think.

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Speaker 4: Trump has put infrastructure in place. It's going to make Putins.

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Speaker 4: I have to think a lot. What is that infrastructure?

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Speaker 4: The strongest Ukrainian. The strongest army in Europe is Ukraine,

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Speaker 4: not even close. How did that happen?

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Speaker 1: In Europe?

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Speaker 4: The United States, working together gave them what they need

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Speaker 4: slowly at first, better now, and they've shown a willingness

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Speaker 4: to fight second to none. Really, it's kind of like

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Speaker 4: a fight for survival. It's good that it's heartwarming to

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Speaker 4: see people willing to die for their freedom.

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Speaker 1: It's sad that they have to.

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Speaker 4: So here's what I tell my European friends. Greenland is

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Speaker 4: behind us, but the goal is to get outcomes. Who

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Speaker 4: gives a shit who owns Greenland? I don't. So the

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Speaker 4: point is Greenland is gonna be more fortified, be ghost

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Speaker 4: Donald Trump once he feels like is his brand or

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Speaker 4: his some buying is gonna go big.

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Speaker 1: And the Europeans are going to be the beneficiaries of that.

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Speaker 1: But I love that it was stop being ridiculous, have

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Speaker 1: a beer. He had to collect his thoughts because he

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Speaker 1: didn't want to give putin any credit, which was the

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Speaker 1: right thing to do. Europeans, get over yourself, stop being silly.

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Speaker 1: Oh and stop thinking about Greenland because you don't care

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Speaker 1: who owns Greenland. You care that the Golden Dome is coming,

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Speaker 1: and that you're gonna be protected from Russian and aggression

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Speaker 1: even still after all these years, you're welcome. What I

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Speaker 1: liked about this was that it was a very direct

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Speaker 1: kind of pushback. And there are some Republicans out there,

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Speaker 1: and sometimes it really does depend on subject who are

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Speaker 1: still able to engage a fight. Then there's every single

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Speaker 1: Republican out there who doesn't, and those are overwhelming us

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Speaker 1: at the moment we are taking a look. Talk about

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Speaker 1: Chuck Schumer talking about ICE at a shutdown in the

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Speaker 1: Department of Homeland Security. This is happening, This is coming.

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Speaker 1: It's coming ten thousand percent. It's coming. We don't have

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Speaker 1: to question it. We don't have to doubt it, we

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Speaker 1: don't have to debate it. Now, if while I'm talking

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Speaker 1: to you, they come to some kind of deal to

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Speaker 1: keep it open for another couple weeks, maybe maybe they

431
00:25:48,400 --> 00:25:51,640
Speaker 1: piece meal it and they do continuing resolution after continuing resolution.

432
00:25:53,320 --> 00:25:55,600
Speaker 1: But there is a way this has to be handled.

433
00:25:56,359 --> 00:26:00,320
Speaker 1: This was Senator John Fetterman talking about the Partment of

434
00:26:00,320 --> 00:26:01,120
Speaker 1: Homeland Security.

435
00:26:01,520 --> 00:26:04,680
Speaker 5: Hi, as a committed Democrat, I want the same changes

436
00:26:04,720 --> 00:26:07,919
Speaker 5: that every other Democrat wants to make on ICE. But

437
00:26:08,040 --> 00:26:12,119
Speaker 5: ICE already has seventy five million dollars in funding from

438
00:26:12,160 --> 00:26:14,760
Speaker 5: the big beautiful bill that I did not vote for.

439
00:26:15,040 --> 00:26:17,960
Speaker 5: So what it will impact is that we'll shut down

440
00:26:18,280 --> 00:26:24,399
Speaker 5: important parts of DHS. Whether that's FEMA, whether that's the Coastguard,

441
00:26:24,720 --> 00:26:29,680
Speaker 5: whether that is also about the SISA, the cyber security

442
00:26:29,880 --> 00:26:32,760
Speaker 5: agency on our nation. All of these are shut down.

443
00:26:33,119 --> 00:26:35,960
Speaker 5: We want to find a way forward to produce those changes.

444
00:26:36,160 --> 00:26:38,800
Speaker 5: But shutting the government down is the wrong way.

445
00:26:40,960 --> 00:26:43,320
Speaker 1: Now he's one hundred percent right. He is one hundred

446
00:26:43,359 --> 00:26:49,760
Speaker 1: percent correct on this. Republicans are approaching this all wrong.

447
00:26:50,880 --> 00:26:53,680
Speaker 1: Republicans are too interested in making sure their tie is

448
00:26:53,720 --> 00:26:56,800
Speaker 1: straight and they look really good in their suit. The

449
00:26:56,840 --> 00:26:59,480
Speaker 1: biggest problem that Republicans have is that every single one

450
00:26:59,480 --> 00:27:01,560
Speaker 1: of them thinks they're going to run for president one day.

451
00:27:02,119 --> 00:27:06,520
Speaker 1: I need Republicans willing to throw elbows. So here's Senator

452
00:27:06,600 --> 00:27:11,280
Speaker 1: John Fetterman, the Democrat, saying that, well, what we know

453
00:27:11,359 --> 00:27:15,000
Speaker 1: to be true, ICE already has the money, so we're

454
00:27:15,000 --> 00:27:19,080
Speaker 1: not affecting ICE with a homeland security shutdown. This is

455
00:27:19,119 --> 00:27:22,520
Speaker 1: your play to show that you're serious about taking on

456
00:27:22,680 --> 00:27:26,600
Speaker 1: these abuses of Donald Trump, even though America wants to

457
00:27:26,640 --> 00:27:29,360
Speaker 1: see illegal immigrants removed. Oh, they also want voter ID.

458
00:27:31,200 --> 00:27:34,960
Speaker 1: But you can't utilize what John Fetterman said the way

459
00:27:35,000 --> 00:27:38,959
Speaker 1: he did. You have to engage it differently. You have

460
00:27:39,040 --> 00:27:45,000
Speaker 1: to engage it like democrats do when confronting democrats. Now

461
00:27:45,000 --> 00:27:48,760
Speaker 1: you've heard me say this before, that no one interrupts

462
00:27:48,920 --> 00:27:51,560
Speaker 1: Chuck Schumer when he's giving a speech to call him

463
00:27:51,600 --> 00:27:54,679
Speaker 1: a liar and a fraud, That no one interrupts him

464
00:27:54,680 --> 00:27:56,800
Speaker 1: when he's giving a television interview to call him a

465
00:27:56,840 --> 00:27:58,879
Speaker 1: liar and a fraud, That no one goes nose to

466
00:27:58,960 --> 00:28:02,359
Speaker 1: nose with him and say you are despicable and low rent.

467
00:28:02,720 --> 00:28:05,160
Speaker 1: You want is agents to get killed, and you don't

468
00:28:05,200 --> 00:28:09,040
Speaker 1: know how to grill a cheeseburger. It is wrong that

469
00:28:09,160 --> 00:28:13,359
Speaker 1: senators don't do this. When Hakim Jeffries got into the

470
00:28:13,400 --> 00:28:16,840
Speaker 1: face of Representative Mike Lawler and he's pointing at him,

471
00:28:16,840 --> 00:28:19,479
Speaker 1: putting his finger in his chest, Oh no, no, no,

472
00:28:19,760 --> 00:28:22,439
Speaker 1: let's go right back at you. No, it's not that

473
00:28:22,520 --> 00:28:27,680
Speaker 1: I want fistfights between members of Congress. Tough guy Hakim Jeffries.

474
00:28:29,240 --> 00:28:32,320
Speaker 1: Hakim Jeffries, who is out there trying to get money

475
00:28:32,320 --> 00:28:36,840
Speaker 1: from Jeffrey Epstein. Republicans should be pounding the table with that,

476
00:28:37,320 --> 00:28:42,720
Speaker 1: beating him over the head. You wanted his money for

477
00:28:42,840 --> 00:28:46,280
Speaker 1: your campaigns, You and the delegate from the Virgin Islands,

478
00:28:46,320 --> 00:28:50,080
Speaker 1: Stacy Plaskett, You would do anything for that Jeffrey Epstein money.

479
00:28:50,240 --> 00:28:53,400
Speaker 1: How disgusting? What kind of everything were you willing to do?

480
00:28:53,600 --> 00:28:55,640
Speaker 1: You know what last thing I want to do is

481
00:28:55,720 --> 00:28:58,880
Speaker 1: check out Hakim Jeffries search history. I think I'd be

482
00:28:58,920 --> 00:29:02,520
Speaker 1: scarred for life. That's how you do it. Oh gosh, Tony,

483
00:29:02,600 --> 00:29:08,120
Speaker 1: that is so offensive. I'm trying to teach Republicans how

484
00:29:08,160 --> 00:29:13,080
Speaker 1: to fight. So let's say you said that idea was

485
00:29:13,160 --> 00:29:16,320
Speaker 1: over the top. It was beyond the pale. Let me

486
00:29:16,400 --> 00:29:20,400
Speaker 1: give you another one. FEMA gets hit according to Senator

487
00:29:20,480 --> 00:29:24,120
Speaker 1: John Fetterman. Coastguard gets hit according to Senator John Fetterman,

488
00:29:24,320 --> 00:29:30,040
Speaker 1: the TSA gets hit the Cybersecurity Agency. How about this one.

489
00:29:30,160 --> 00:29:33,600
Speaker 1: Democrats are going to shut down the Department of Homeland Security.

490
00:29:34,120 --> 00:29:37,200
Speaker 1: Every child he dies, the blood is on their hands.

491
00:29:37,400 --> 00:29:41,800
Speaker 1: When a kid dies from fentanyl, when a business has

492
00:29:41,840 --> 00:29:45,160
Speaker 1: an outage because we don't have the cybersecurity fight to

493
00:29:45,240 --> 00:29:48,440
Speaker 1: take on the intruders from Russia or China or anywhere else.

494
00:29:48,560 --> 00:29:52,040
Speaker 1: When our military gets compromised. That will all be on

495
00:29:52,360 --> 00:29:55,520
Speaker 1: Chuck Schumer. He is going to get your children in

496
00:29:55,600 --> 00:29:57,920
Speaker 1: uniform killed. He's going to get your babies on the

497
00:29:57,920 --> 00:30:00,840
Speaker 1: playgrounds killed because the Coast Card won't be able to

498
00:30:00,880 --> 00:30:03,719
Speaker 1: keep the fentoel out. I don't know why Chuck Schumer

499
00:30:03,760 --> 00:30:06,840
Speaker 1: hates your kids so damn much, but he does. All

500
00:30:06,920 --> 00:30:11,560
Speaker 1: these freaking democrats want your kids to die. Yet somehow

501
00:30:11,760 --> 00:30:19,280
Speaker 1: illegal immigrant kids should get all your money. Disgusting, despicable, evil, hateful, shameful,

502
00:30:19,520 --> 00:30:21,960
Speaker 1: and worst of all, he doesn't know how to make

503
00:30:22,000 --> 00:30:26,000
Speaker 1: a cheeseburger. Now, for anyone who doesn't know the story,

504
00:30:27,320 --> 00:30:32,440
Speaker 1: Chuck Schumer put out an Independence Day photo and he's

505
00:30:32,800 --> 00:30:35,560
Speaker 1: there by the grill. Oh, and he's grilling up all

506
00:30:35,600 --> 00:30:39,480
Speaker 1: the goods, and he's got he's got the hamburger's on

507
00:30:39,520 --> 00:30:41,479
Speaker 1: the grill and something else, and he's got the cheese

508
00:30:41,520 --> 00:30:46,480
Speaker 1: on the burger. The burger is raw, it's raw. It

509
00:30:46,600 --> 00:30:50,600
Speaker 1: was a patty. It's got the cheese on it. No

510
00:30:50,640 --> 00:30:53,360
Speaker 1: one would do that. It would have to be the

511
00:30:53,480 --> 00:30:56,760
Speaker 1: cheese on a grilled side. Now, if you were doing

512
00:30:56,760 --> 00:30:59,280
Speaker 1: something in a cast iron skillet, and somehow you want

513
00:30:59,320 --> 00:31:01,640
Speaker 1: to get a real done, the cheese. I guess you

514
00:31:01,680 --> 00:31:04,400
Speaker 1: could do it on top of the raw side of

515
00:31:04,400 --> 00:31:07,360
Speaker 1: the burger. I would still think that that's a bit awkward,

516
00:31:08,120 --> 00:31:11,480
Speaker 1: And I think that I'm enough of an expert to

517
00:31:11,600 --> 00:31:15,000
Speaker 1: say no, one would do that in their right mind,

518
00:31:16,200 --> 00:31:18,640
Speaker 1: because the cheese might prevent the crust from happening on

519
00:31:18,680 --> 00:31:20,320
Speaker 1: the burger. What you want because you want the crunch,

520
00:31:20,360 --> 00:31:21,880
Speaker 1: and then you want the meat, and then you want

521
00:31:21,880 --> 00:31:24,440
Speaker 1: the melty cheese on top. And if you're doing it

522
00:31:24,480 --> 00:31:26,320
Speaker 1: in a cast iron skillet, do you just let it

523
00:31:26,360 --> 00:31:28,120
Speaker 1: melt or do you add a little bit of water

524
00:31:28,160 --> 00:31:30,040
Speaker 1: to the cast iron skillet, put the top on, and

525
00:31:30,040 --> 00:31:32,600
Speaker 1: now you're utilizing steam to melt the cheese so it

526
00:31:32,640 --> 00:31:38,000
Speaker 1: becomes uniform and drippy and delicious. All questions Chuck Schumer

527
00:31:38,000 --> 00:31:41,280
Speaker 1: has never asked himself, because whenever he's talking about something drippy,

528
00:31:41,400 --> 00:31:43,920
Speaker 1: he ends up having to go to a urologist. That

529
00:31:44,080 --> 00:31:48,560
Speaker 1: was too much, That was too much. I apologize guys, guys,

530
00:31:48,760 --> 00:31:51,360
Speaker 1: that was a bridge too far. I owe you an apology.

531
00:31:51,560 --> 00:31:54,440
Speaker 1: That was wrong. Tony Katsch was wrong. I'll say to

532
00:31:54,520 --> 00:31:57,800
Speaker 1: all my stations that clearly was an apology. If you

533
00:31:57,840 --> 00:32:01,240
Speaker 1: need me to talk to sponsors, I'll do it. I apologize.

534
00:32:01,600 --> 00:32:06,360
Speaker 1: My gosh, what a vidual. I have ruined Valentine's Day.

535
00:32:06,720 --> 00:32:11,240
Speaker 1: Ruined Valentine's Day. I have never I've never felt so bad.

536
00:32:13,880 --> 00:32:19,400
Speaker 1: There are gonna be so many emails. Why can't Republicans fight?

537
00:32:20,840 --> 00:32:25,320
Speaker 1: Why can't they put Democrats on defense? Also, everything I

538
00:32:25,440 --> 00:32:28,280
Speaker 1: just said about FEMA and the Coastguard and drugs and

539
00:32:28,320 --> 00:32:31,840
Speaker 1: cybersecurity in the military, it's all possible, it's all true.

540
00:32:33,240 --> 00:32:35,400
Speaker 1: Every part of that is a reality from not having

541
00:32:35,400 --> 00:32:38,800
Speaker 1: these organizations funded. Every part of it is what's at

542
00:32:38,880 --> 00:32:44,240
Speaker 1: risk when Democrats are in their play mode of pretending

543
00:32:44,240 --> 00:32:49,160
Speaker 1: they're tough and they get to do this because Republicans

544
00:32:49,200 --> 00:32:53,640
Speaker 1: didn't learn the lesson. I believe. I have said this

545
00:32:53,800 --> 00:32:55,960
Speaker 1: for years, although admittedly I haven't said it in a while.

546
00:32:57,240 --> 00:33:01,080
Speaker 1: If Trump has taught anything, if there's anything that you

547
00:33:01,160 --> 00:33:04,240
Speaker 1: take from Trump, it's this idea of how to fight.

548
00:33:05,400 --> 00:33:08,120
Speaker 1: You do not have to do it Trump's way, but

549
00:33:08,200 --> 00:33:10,200
Speaker 1: you have to do it. You don't have to have

550
00:33:10,240 --> 00:33:13,080
Speaker 1: Trump's personality. You just have to be willing to fight.

551
00:33:14,760 --> 00:33:18,960
Speaker 1: That's everything. And I thought it was learned. I thought

552
00:33:19,080 --> 00:33:24,000
Speaker 1: this lesson was learned, and it turns out nope, it's not.

553
00:33:25,240 --> 00:33:29,680
Speaker 1: These people haven't learned a damn thing. They're more interested

554
00:33:30,040 --> 00:33:32,880
Speaker 1: in being Well, let us take the high road. Well,

555
00:33:33,000 --> 00:33:37,480
Speaker 1: let us explain this again. Oh, those silly democrats. Well

556
00:33:37,600 --> 00:33:40,440
Speaker 1: we want to work with people. Well, we've heard their demands,

557
00:33:40,440 --> 00:33:44,440
Speaker 1: and we should take this into consideration. We should be

558
00:33:44,480 --> 00:33:48,680
Speaker 1: done with the Lisa murkowskis we should be done. John

559
00:33:48,840 --> 00:33:53,600
Speaker 1: Thune needs to rethink the whole approach. We control the

560
00:33:53,640 --> 00:33:59,360
Speaker 1: House and the Senate, and we're playing defense. America wants

561
00:33:59,400 --> 00:34:02,440
Speaker 1: ICE to continue. They want them to continue smartly. They

562
00:34:02,520 --> 00:34:05,040
Speaker 1: want to continue taking out the drug boats coming in.

563
00:34:05,280 --> 00:34:09,440
Speaker 1: They want to continue securing the border. They want these things.

564
00:34:09,480 --> 00:34:13,640
Speaker 1: They're popular things. And you're letting a guy who can't

565
00:34:13,640 --> 00:34:19,879
Speaker 1: make a cheeseburger corner you and beat you. Very disappointed,

566
00:34:21,040 --> 00:34:26,800
Speaker 1: start fighting. I'm Tony Katz as the Tony Cats today.

567
00:34:26,800 --> 00:34:32,880
Speaker 6: But is our confidence did I'm us You've chosen a

568
00:34:32,880 --> 00:34:38,040
Speaker 6: grim motto for this conference. Under destruction his mind for them,

569
00:34:38,120 --> 00:34:41,520
Speaker 6: and it probably means that the international order based on

570
00:34:41,760 --> 00:34:49,799
Speaker 6: rights and rules is currently being destroyed. But I'm afraid

571
00:34:50,400 --> 00:34:53,560
Speaker 6: we have to put it in even harsher terms, known

572
00:34:53,719 --> 00:34:58,960
Speaker 6: disorder common as it has been even in its heyday.

573
00:34:59,719 --> 00:35:05,040
Speaker 1: See get this no longer exists? Is that a bad thing?

574
00:35:05,560 --> 00:35:09,640
Speaker 1: That's the German Chancellor Frederick Murrz speaking at the Munich

575
00:35:09,680 --> 00:35:12,160
Speaker 1: Security Conference. You're going to see a lot of clips

576
00:35:12,200 --> 00:35:14,640
Speaker 1: from the security conference over the next couple of days.

577
00:35:14,680 --> 00:35:20,040
Speaker 1: Tony Katz, Tony Katz today, the international order based on

578
00:35:20,200 --> 00:35:23,560
Speaker 1: rights and rules currently being destroyed. This order, as flaws

579
00:35:23,600 --> 00:35:26,239
Speaker 1: that it has been even in its heyday, no longer exists.

580
00:35:27,280 --> 00:35:30,000
Speaker 1: I don't know if I see that as bad? What

581
00:35:31,560 --> 00:35:34,080
Speaker 1: does it What is it that the Europeans see it as?

582
00:35:34,680 --> 00:35:37,200
Speaker 1: What does Trump see it as? What do we see

583
00:35:37,239 --> 00:35:42,439
Speaker 1: it as? What is the order that we expect to have?

584
00:35:43,520 --> 00:35:46,279
Speaker 1: Does the order mean that Europe gets the benefit of

585
00:35:46,320 --> 00:35:49,880
Speaker 1: American might and American dollars and doesn't contribute. Does the

586
00:35:50,000 --> 00:35:53,040
Speaker 1: order mean that there's no thwarting of China? Does the

587
00:35:53,120 --> 00:35:54,719
Speaker 1: order mean that it always has to be as it

588
00:35:54,719 --> 00:36:00,360
Speaker 1: always was? This is an important conversation, one that sermons

589
00:36:00,360 --> 00:36:04,080
Speaker 1: our future. Find everything at Tonycots dot com. Monday, Everyone,

590
00:36:04,200 --> 00:36:04,600
Speaker 1: take care,