1 00:00:05,200 --> 00:00:10,280 Speaker 1: Live from vall Hartbyer and the Crossroads of America. 2 00:00:10,560 --> 00:00:12,000 Speaker 2: It's Tony Katz today. 3 00:00:12,760 --> 00:00:16,600 Speaker 3: The form of the resolution is as follows, centering Representative 4 00:00:16,680 --> 00:00:19,400 Speaker 3: Corey Mills of Florida and removing him from the Committee 5 00:00:19,400 --> 00:00:23,320 Speaker 3: on Armed Services and the Committee on Foreign Affairs. Whereas, 6 00:00:23,360 --> 00:00:26,720 Speaker 3: prior to serving in the House of Representatives, Representative Corey 7 00:00:26,760 --> 00:00:31,400 Speaker 3: Mills founded pay Some Solutions International LLC and pay Some 8 00:00:31,520 --> 00:00:38,880 Speaker 3: Defense LLC and acquired Amtech Corporation now renamed as ALS Inc, 9 00:00:39,880 --> 00:00:43,199 Speaker 3: companies which engage in security and military contracting with the 10 00:00:43,280 --> 00:00:46,760 Speaker 3: United States government as well as foreign nations. 11 00:00:47,680 --> 00:00:52,680 Speaker 4: That's Representative Mace bringing the hammer down on Corey Mills. 12 00:00:52,800 --> 00:00:56,280 Speaker 4: As we said, this was coming, and I get the frustration. 13 00:00:57,160 --> 00:00:59,760 Speaker 4: So when a Republican does something wrong, well then he 14 00:00:59,800 --> 00:01:00,640 Speaker 4: asked to be censured. 15 00:01:00,640 --> 00:01:02,440 Speaker 2: You got to get rid of them, can't be on committees. 16 00:01:02,960 --> 00:01:07,160 Speaker 4: But there's Stacy Plaskett, the Democrat delegate from the US 17 00:01:07,240 --> 00:01:12,360 Speaker 4: Virgin Islands, texting with pedophile Jeffrey Epstein, sex trafficker Jeffrey Epstein, 18 00:01:12,840 --> 00:01:16,480 Speaker 4: and nothing happens. What she did is fine. What Corey 19 00:01:16,480 --> 00:01:20,560 Speaker 4: Mills did. Republicans go after Republicans never learned. That's the 20 00:01:20,760 --> 00:01:23,800 Speaker 4: argument Tony Katz, Tony Katz today, good to be with you, 21 00:01:23,880 --> 00:01:26,199 Speaker 4: good to be here. Thank you for being here. Find 22 00:01:26,200 --> 00:01:29,800 Speaker 4: everything at Tony Katz dot com. The congressman from Florida 23 00:01:31,400 --> 00:01:38,039 Speaker 4: is alleged to not only have been involved in domestic abuse, 24 00:01:39,120 --> 00:01:44,240 Speaker 4: but is also alleged to have been involved in stolen 25 00:01:44,360 --> 00:01:50,680 Speaker 4: valor and in a whole bunch of ethical mishandlings of 26 00:01:50,680 --> 00:01:55,040 Speaker 4: his business. Nancy Mace has had enough of Mills, because 27 00:01:55,080 --> 00:01:59,160 Speaker 4: the argument has been the reason Plasket. 28 00:02:00,240 --> 00:02:04,480 Speaker 2: Was not censured was because. 29 00:02:05,720 --> 00:02:10,720 Speaker 4: If you censured Plasket then Democrats would go after Corey Mills. 30 00:02:10,720 --> 00:02:14,280 Speaker 4: So there was some I don't know detante that was 31 00:02:14,320 --> 00:02:19,560 Speaker 4: agreed to. Nobody should want this, Nobody should want that 32 00:02:19,639 --> 00:02:23,280 Speaker 4: at all. Plasket should have been censured. Plasket should be 33 00:02:23,280 --> 00:02:25,600 Speaker 4: thrown out of the house as far as I'm concerned. 34 00:02:25,880 --> 00:02:28,919 Speaker 2: So by the way, should ilhan Omar. But neither here 35 00:02:29,000 --> 00:02:29,519 Speaker 2: nor there. 36 00:02:31,280 --> 00:02:36,639 Speaker 4: Mace and Bobert and Anapaulina Luna. 37 00:02:37,360 --> 00:02:39,160 Speaker 2: Oh, they have had enough of this. 38 00:02:39,360 --> 00:02:43,639 Speaker 4: And Mace went to the floor yesterday and just started laying. 39 00:02:43,440 --> 00:02:44,480 Speaker 2: It out on the line. 40 00:02:45,120 --> 00:02:48,079 Speaker 3: Where As in August twenty twenty four, the Office of 41 00:02:48,120 --> 00:02:51,680 Speaker 3: Congressional Conduct found from January twenty twenty three to present, 42 00:02:52,160 --> 00:02:55,960 Speaker 3: pay some defense als has been actively contracting with the 43 00:02:55,960 --> 00:02:59,880 Speaker 3: federal government, securing close to one million in federal contracts 44 00:03:00,120 --> 00:03:05,919 Speaker 3: for munitions and weapons distributed to prisons across the country. Specifically, 45 00:03:05,960 --> 00:03:09,600 Speaker 3: since January ninth, twenty twenty four, ninety four contracts have 46 00:03:09,639 --> 00:03:13,399 Speaker 3: been awarded to entities owned by Representative Mills, and went 47 00:03:13,440 --> 00:03:17,200 Speaker 3: on to conclude, quote, there is substantial reason to believe 48 00:03:17,240 --> 00:03:21,600 Speaker 3: that Reppresentative Mills may have entered into, held, or enjoyed 49 00:03:21,639 --> 00:03:25,400 Speaker 3: contracts with federal agencies while he was a member of Congress. 50 00:03:26,480 --> 00:03:30,280 Speaker 4: Not just a member of Congress, but a member of 51 00:03:30,480 --> 00:03:32,960 Speaker 4: specific committees. 52 00:03:33,960 --> 00:03:35,160 Speaker 2: That well. 53 00:03:36,520 --> 00:03:42,160 Speaker 4: Are involved in deciding these contracts, like armed services. We 54 00:03:42,200 --> 00:03:46,240 Speaker 4: would agree that this is Nancy Pelosi kind of stuff, 55 00:03:46,240 --> 00:03:47,600 Speaker 4: and we don't want any part of it. 56 00:03:47,880 --> 00:03:50,080 Speaker 2: I hear you. You don't have to yell at me. 57 00:03:50,600 --> 00:03:52,240 Speaker 2: I hear you. 58 00:03:52,320 --> 00:03:56,160 Speaker 4: So when it's a Republican again, Tony, they do this, 59 00:03:56,400 --> 00:03:59,320 Speaker 4: but as a Democrat they always nothing ever happens. 60 00:03:59,520 --> 00:04:01,400 Speaker 2: Why why is it. 61 00:04:01,320 --> 00:04:04,600 Speaker 4: That we must police ourselves when they don't police themselves, 62 00:04:05,520 --> 00:04:08,960 Speaker 4: and when they say you can't police them either. I 63 00:04:09,040 --> 00:04:14,680 Speaker 4: get the frustration. I get every bit of the frustration. 64 00:04:15,760 --> 00:04:18,320 Speaker 4: That doesn't excuse Corey Mills and the problem that we 65 00:04:18,440 --> 00:04:19,000 Speaker 4: have here. 66 00:04:19,560 --> 00:04:22,039 Speaker 3: Where As in August twenty twenty four, the Office of 67 00:04:22,080 --> 00:04:26,200 Speaker 3: Congressional Conduct noted, according to its website, pay Some Solutions 68 00:04:26,240 --> 00:04:30,120 Speaker 3: is currently registered and or partnered with trusted local firms 69 00:04:30,120 --> 00:04:41,080 Speaker 3: to work in the following countries United States, Iraq, Afghanistan, Pakistan, UAE, Australia, Kenya, Malaysia, 70 00:04:41,120 --> 00:04:45,400 Speaker 3: and Kuwait. Public reports indicate companies owned by Representative Mills 71 00:04:45,440 --> 00:04:49,359 Speaker 3: sought or entered into contracts to sell munitions to foreign 72 00:04:49,480 --> 00:04:53,040 Speaker 3: nations while serving as a member of the Committee on 73 00:04:53,080 --> 00:04:56,479 Speaker 3: Foreign Affairs and on the Committee on Armed Services. 74 00:04:57,360 --> 00:05:00,480 Speaker 4: I think it's acceptable to say this, ain't you run 75 00:05:00,800 --> 00:05:03,800 Speaker 4: of the mill stuff. It's acceptable to say no matter 76 00:05:03,839 --> 00:05:07,120 Speaker 4: who you are, Oh, okay, this is an issue. I'm 77 00:05:07,120 --> 00:05:10,880 Speaker 4: not excusing Stacy Plaskin. I think she's despicable. I'm not 78 00:05:10,960 --> 00:05:13,599 Speaker 4: excusing Ilhan O Mar. I've said enough there. I'm not 79 00:05:13,680 --> 00:05:19,440 Speaker 4: excusing any of it. I'm saying that this is a recognizable, 80 00:05:19,920 --> 00:05:23,520 Speaker 4: serious issue, and it's not just this issue of the 81 00:05:23,560 --> 00:05:25,880 Speaker 4: business and who he was selling to while he was 82 00:05:25,880 --> 00:05:28,000 Speaker 4: a member and is a member of Armed Services Committee, 83 00:05:28,040 --> 00:05:31,520 Speaker 4: and what insider knowledge he got. But that's only part 84 00:05:31,560 --> 00:05:35,640 Speaker 4: of this. Another part of this deals with the concept 85 00:05:35,680 --> 00:05:40,000 Speaker 4: of stolen valor, which is making a claim of military 86 00:05:40,040 --> 00:05:43,240 Speaker 4: service or recognition that you never got. 87 00:05:44,440 --> 00:05:47,960 Speaker 3: Whereas individuals who served in the military with Representative Corey 88 00:05:48,000 --> 00:05:51,000 Speaker 3: Mills have called into question the veracity of the account 89 00:05:51,080 --> 00:05:55,359 Speaker 3: of events which formed the basis of a recommendation that 90 00:05:55,880 --> 00:06:01,359 Speaker 3: Representative Corey Mills received the award of a Bronze Star 91 00:06:02,480 --> 00:06:05,760 Speaker 3: bestowede in twenty twenty one or afterwards for his service 92 00:06:05,839 --> 00:06:09,560 Speaker 3: under enemy fire in Iraq in two thousand and three, 93 00:06:10,040 --> 00:06:13,680 Speaker 3: Whereas in August twenty twenty four, Representative Corey Mills provided 94 00:06:13,720 --> 00:06:17,440 Speaker 3: the Daytona Beach News with documents purporting to prove that 95 00:06:17,520 --> 00:06:21,440 Speaker 3: he earned a Bronze Star with heroism, including a Department 96 00:06:21,440 --> 00:06:24,800 Speaker 3: of the Army Form six' three to eight Recommending Representative 97 00:06:24,839 --> 00:06:27,560 Speaker 3: Corey mills for A Bronze, star which includes his signature 98 00:06:27,800 --> 00:06:30,480 Speaker 3: from Then Army Brigade Commander ARNOLD. 99 00:06:30,680 --> 00:06:31,480 Speaker 2: N Gordon. 100 00:06:31,800 --> 00:06:38,800 Speaker 3: Bray braz Retired Brigadier General ARNOLD. N Gordon bray has 101 00:06:38,839 --> 00:06:44,560 Speaker 3: stated he did not personally, write, read or signed The 102 00:06:44,640 --> 00:06:48,919 Speaker 3: department of The Army form six thirty eight Recommending Representative 103 00:06:48,920 --> 00:06:51,160 Speaker 3: Corey mills for a bronze. 104 00:06:51,200 --> 00:06:55,720 Speaker 4: Star oh damn, right even if on the other one 105 00:06:55,839 --> 00:06:59,720 Speaker 4: somehow you want to excuse. IT i don't think anybody 106 00:06:59,720 --> 00:07:03,960 Speaker 4: who who is on the political right excuses stolen. 107 00:07:04,040 --> 00:07:07,679 Speaker 2: Valor, Now i'm gonna say innocent until proven. 108 00:07:07,680 --> 00:07:10,280 Speaker 4: GUILTY i have lived long enough to know that there 109 00:07:10,320 --> 00:07:13,480 Speaker 4: are paperworksna foods all the, time and this, happened and 110 00:07:13,520 --> 00:07:15,480 Speaker 4: this person forgot, this and this went in, there but 111 00:07:15,520 --> 00:07:17,280 Speaker 4: it never went through, here and it didn't get through this. 112 00:07:17,320 --> 00:07:20,400 Speaker 2: Committee a general SAYING i think it was a. 113 00:07:20,440 --> 00:07:23,560 Speaker 4: General, YEAH i DIDN'T i didn't do. THAT i didn't recommend. 114 00:07:23,560 --> 00:07:25,920 Speaker 4: THAT i did not say he should get. That that never. 115 00:07:26,000 --> 00:07:27,920 Speaker 2: Happens that's pretty damning. 116 00:07:27,920 --> 00:07:31,679 Speaker 4: Stuff and making the claim that you did something you, didn't, 117 00:07:31,720 --> 00:07:36,000 Speaker 4: well that's That's Tim, walls the governor Of, minnesota claiming 118 00:07:36,080 --> 00:07:40,320 Speaker 4: he did something regarding how he served and where. 119 00:07:40,080 --> 00:07:45,320 Speaker 2: He was that he didn't do this is really. Ugly 120 00:07:46,040 --> 00:07:49,559 Speaker 2: never mind where you are on the. Left, AGAIN i hear, 121 00:07:49,640 --> 00:07:52,000 Speaker 2: you just as a matter. 122 00:07:51,800 --> 00:07:56,760 Speaker 4: Of, course this is ugly, stuff the conversation of stolen. 123 00:07:56,840 --> 00:07:59,040 Speaker 4: Valor and as a guy who wore the uniform AND 124 00:07:59,080 --> 00:08:02,119 Speaker 4: i said, this, Yes i'm not one hundred percent sure 125 00:08:03,160 --> 00:08:06,440 Speaker 4: how people who have worn the uniform feel about this, stuff. 126 00:08:07,680 --> 00:08:11,000 Speaker 2: BUT i can take a guess that it's not. 127 00:08:11,200 --> 00:08:14,480 Speaker 3: Good Where as five people who served As Representative Corey, 128 00:08:14,520 --> 00:08:17,440 Speaker 3: mills including two men who were reported as having been 129 00:08:17,480 --> 00:08:20,520 Speaker 3: personally saved By Representative Corey mills at great risk to 130 00:08:20,560 --> 00:08:22,960 Speaker 3: his own life as a basis for the recommendation for 131 00:08:23,040 --> 00:08:25,480 Speaker 3: His Bronze, star and The department of The Army form 132 00:08:25,560 --> 00:08:31,280 Speaker 3: six thirty eight disputed What Representative Corey mills That Representative 133 00:08:31,280 --> 00:08:35,880 Speaker 3: Corey mills was involved in their rescue or provided life saving. 134 00:08:36,200 --> 00:08:42,920 Speaker 4: Care, okay it's getting, worse right like even before and 135 00:08:43,200 --> 00:08:44,320 Speaker 4: then then you heard the first. 136 00:08:44,360 --> 00:08:46,680 Speaker 2: Time now you're, like, oh oh this is this is 137 00:08:46,720 --> 00:08:47,600 Speaker 2: all very very. 138 00:08:47,679 --> 00:08:50,280 Speaker 4: Ugly AND i Get i'm with you in that we 139 00:08:50,320 --> 00:08:53,000 Speaker 4: don't get this kind of basis on things That democrats have. 140 00:08:53,040 --> 00:08:54,960 Speaker 4: Done we don't lay this. Out the answer is things 141 00:08:55,000 --> 00:08:57,760 Speaker 4: like that have been laid out, before yet they don't 142 00:08:57,760 --> 00:08:58,319 Speaker 4: police their. 143 00:08:58,360 --> 00:09:03,120 Speaker 3: Own whereas one private first class cited as having been 144 00:09:03,160 --> 00:09:06,680 Speaker 3: involved in one of the listed achievements On Representative Corey 145 00:09:06,679 --> 00:09:10,480 Speaker 3: Mills Army form six three eight recommending him for A Bronze, 146 00:09:10,480 --> 00:09:15,520 Speaker 3: star denied That Representative Corey mills provided him any aid 147 00:09:16,160 --> 00:09:22,880 Speaker 3: and also denied that his injuries were life, Threatening whereas 148 00:09:22,920 --> 00:09:25,360 Speaker 3: one sergeant cited as having been involved in one of 149 00:09:25,400 --> 00:09:29,520 Speaker 3: the listed achievements On Representative Corey Mills army forms six 150 00:09:29,679 --> 00:09:32,840 Speaker 3: thirty eight recommending him for A Bronze, star called the 151 00:09:33,080 --> 00:09:38,560 Speaker 3: count a fabrication and claimed that he was quote not 152 00:09:38,880 --> 00:09:43,320 Speaker 3: involved in any claims That Corey mills makes about, Me 153 00:09:44,640 --> 00:09:50,160 Speaker 3: Whereas Representative Corey mills employment application to Dine Core international 154 00:09:50,280 --> 00:09:52,960 Speaker 3: stated he served in The United States army seventy Fifth 155 00:09:53,040 --> 00:09:59,679 Speaker 3: Ranger regiments and Attended United States Army Sniper, school claims 156 00:09:59,720 --> 00:10:04,360 Speaker 3: which are not corroborated in his military. 157 00:10:04,679 --> 00:10:10,439 Speaker 4: Records, okay Now i've heard. Enough Now i've heard enough 158 00:10:10,440 --> 00:10:13,400 Speaker 4: about that stuff THAT i want them off. Committees what 159 00:10:13,559 --> 00:10:17,240 Speaker 4: in the world is? This this Is George santos kind of. Stuff, 160 00:10:17,559 --> 00:10:20,480 Speaker 4: Now i'm not here to say we're only talking About. 161 00:10:20,520 --> 00:10:26,000 Speaker 4: Republicans this argument or this story About Representative Sheila cheerfullest of, 162 00:10:26,080 --> 00:10:30,000 Speaker 4: McCormick the one who is accused of stealing five million 163 00:10:30,040 --> 00:10:34,560 Speaker 4: dollars IN fema. Funds she has been under investigation by 164 00:10:34,600 --> 00:10:37,560 Speaker 4: The house Of Ethics committee since twenty twenty. Three indicted 165 00:10:37,559 --> 00:10:40,280 Speaker 4: by The Federal Grand jury In. Miami faces up to 166 00:10:40,440 --> 00:10:46,040 Speaker 4: fifty three years in prison if convicted and utilize these 167 00:10:46,080 --> 00:10:51,199 Speaker 4: disaster relief funds in DURING. Covid now we're supposed to 168 00:10:51,400 --> 00:10:54,840 Speaker 4: help people GET covid. Vaccinations and it was an overpayment 169 00:10:54,880 --> 00:10:55,480 Speaker 4: of five million. 170 00:10:55,520 --> 00:10:58,880 Speaker 2: Dollars she just took. It and what got people very 171 00:10:58,880 --> 00:10:59,600 Speaker 2: odd is she. 172 00:10:59,640 --> 00:11:04,760 Speaker 4: Loaned campaign six million dollars and they're, like where did 173 00:11:04,920 --> 00:11:08,199 Speaker 4: you get yourself six million? Dollars then she paid herself 174 00:11:08,240 --> 00:11:11,120 Speaker 4: back to and a half. Million, now NOW i. 175 00:11:11,120 --> 00:11:14,240 Speaker 2: Ask, you all, RIGHT i just brought this up to. 176 00:11:14,280 --> 00:11:15,680 Speaker 2: You we have never discussed it. 177 00:11:15,720 --> 00:11:18,080 Speaker 4: Before we know each other, well BUT i don't know 178 00:11:18,200 --> 00:11:20,319 Speaker 4: everything about. You you don't know everything about. Me we're 179 00:11:20,320 --> 00:11:22,800 Speaker 4: still learning about each. Other it's been some great dating so. 180 00:11:22,880 --> 00:11:24,400 Speaker 4: FAR i think we should take it to the next. 181 00:11:24,480 --> 00:11:30,240 Speaker 2: Level IF i. 182 00:11:28,440 --> 00:11:32,760 Speaker 4: Give, you or put into a business six million dollars 183 00:11:33,960 --> 00:11:37,480 Speaker 4: AND i take back two and a half million, dollars 184 00:11:38,679 --> 00:11:48,439 Speaker 4: what just happened, that, kids. 185 00:11:48,840 --> 00:11:56,040 Speaker 2: Is how you launder the. Money, LOOK i got myself for. 186 00:11:56,200 --> 00:12:01,040 Speaker 2: Good i'm always said, up that's how it. 187 00:12:01,120 --> 00:12:06,880 Speaker 4: Happens she takes six million dollars that wasn't, hers was, 188 00:12:07,120 --> 00:12:10,360 Speaker 4: ours given to her, company to help people GET covid, 189 00:12:10,440 --> 00:12:15,920 Speaker 4: vaccines then takes, that then puts it into a congressional 190 00:12:16,000 --> 00:12:19,840 Speaker 4: campaign as a, loan and then pays herself back. 191 00:12:19,880 --> 00:12:25,760 Speaker 2: With squeaky clean. Dollars what's that's not? 192 00:12:25,920 --> 00:12:28,080 Speaker 4: It, well then you describe to me what it, is 193 00:12:28,400 --> 00:12:32,040 Speaker 4: Because i'm pretty sure that's what it. Is so we 194 00:12:32,080 --> 00:12:34,760 Speaker 4: Shouldn't we need to look at this case Of Corey 195 00:12:34,800 --> 00:12:38,600 Speaker 4: mills not only in its own, silo but we need 196 00:12:38,640 --> 00:12:41,360 Speaker 4: to take a look at it in the greater conversation 197 00:12:42,240 --> 00:12:45,680 Speaker 4: of there's a lot of shenanigans going, on and our 198 00:12:45,840 --> 00:12:47,960 Speaker 4: job is to ensure that the people engage in the 199 00:12:47,960 --> 00:12:49,400 Speaker 4: shenanigans are. 200 00:12:49,600 --> 00:12:56,000 Speaker 3: Gone, whereas On february, nineteenth twenty twenty, Five WASHINGTON Dc 201 00:12:56,200 --> 00:13:01,000 Speaker 3: Metropolitan Police department officers were called to a private Matter 202 00:13:01,120 --> 00:13:05,120 Speaker 3: Representative corey mills, residence where officers were called to the 203 00:13:05,160 --> 00:13:08,880 Speaker 3: thirteen hundred block Of Maryland Avenue southwest around one fifteen 204 00:13:08,960 --> 00:13:14,440 Speaker 3: pm for the report of an. Assault whereas police reports 205 00:13:14,760 --> 00:13:18,640 Speaker 3: attained BY nbc For washington confirmed that The WASHINGTON Dc 206 00:13:18,800 --> 00:13:22,760 Speaker 3: Metropolitan Police department was Investigating Representative Corey mills for an 207 00:13:22,800 --> 00:13:25,400 Speaker 3: alleged assault of a twenty seven year old woman that 208 00:13:25,480 --> 00:13:28,840 Speaker 3: took place On february, nineteenth twenty twenty, five at the 209 00:13:28,960 --> 00:13:35,320 Speaker 3: residence Of Representative Corey, Mills whereas the first police, report 210 00:13:35,360 --> 00:13:39,439 Speaker 3: provided TO nbc For washington by a source and confirmed 211 00:13:39,480 --> 00:13:42,080 Speaker 3: by a second source familiar with the, investigation said that 212 00:13:42,120 --> 00:13:45,440 Speaker 3: the twenty seven year old woman accused her significant other 213 00:13:46,040 --> 00:13:50,800 Speaker 3: for over a year of having grabbed, her shoved, her 214 00:13:51,640 --> 00:13:53,640 Speaker 3: and pushed her out the. 215 00:13:53,720 --> 00:13:58,240 Speaker 4: Door, yeah it doesn't look good For Representative Corey. Mills 216 00:13:59,600 --> 00:14:03,240 Speaker 4: this sure would take him off his, committees And democrats 217 00:14:03,240 --> 00:14:06,160 Speaker 4: are gutting for the. SEAT i, mean they really wanted 218 00:14:06,160 --> 00:14:14,920 Speaker 4: the seat That mills has In. Florida i'm not here 219 00:14:14,960 --> 00:14:18,840 Speaker 4: to Defend Corey mills at. All it is For Corey 220 00:14:18,920 --> 00:14:22,320 Speaker 4: mills to defend, himself and he has said that the 221 00:14:22,840 --> 00:14:25,000 Speaker 4: truth will set us, free, right one of those kinds 222 00:14:25,000 --> 00:14:32,560 Speaker 4: of lines that clearly this is nothing but. NOTHING i 223 00:14:32,560 --> 00:14:34,440 Speaker 4: think there is something, here AND i think he will 224 00:14:34,520 --> 00:14:39,360 Speaker 4: end up getting. Censured but more to the, point you 225 00:14:39,560 --> 00:14:44,560 Speaker 4: cannot engage in a level of horse trading. Here Stacy 226 00:14:44,640 --> 00:14:47,880 Speaker 4: plaskett should have been, censured and that The house may 227 00:14:47,920 --> 00:14:50,920 Speaker 4: have moved in an organized way to keep it from, 228 00:14:51,000 --> 00:14:54,440 Speaker 4: happening so That Corey mills wouldn't be censured is, wrong 229 00:14:54,840 --> 00:14:56,720 Speaker 4: and if the speaker had anything to do with, It 230 00:14:56,760 --> 00:15:00,520 Speaker 4: Speaker Mike johnson is. Wrong he is absolutely, wrong and 231 00:15:00,560 --> 00:15:04,520 Speaker 4: his political instincts were far. Off it is damaging to 232 00:15:04,640 --> 00:15:11,160 Speaker 4: his credibility as a speaker and as a. Man members 233 00:15:11,200 --> 00:15:15,440 Speaker 4: Of congress must stand or fall on their own. Accord, 234 00:15:16,280 --> 00:15:19,600 Speaker 4: true there are witch hunts that, exist and we are. 235 00:15:19,680 --> 00:15:25,160 Speaker 4: Aware but to protect one by not engaging honestly as 236 00:15:25,200 --> 00:15:30,600 Speaker 4: one should with the other. Nonsense Ilhan omar doesn't get. 237 00:15:30,640 --> 00:15:41,920 Speaker 4: Censured Stacey plaskett doesn't get. Censured monica mc, iver who 238 00:15:41,960 --> 00:15:44,560 Speaker 4: attacked ice, agents does not get. 239 00:15:44,640 --> 00:15:51,360 Speaker 2: Censured it's. Wrong it's just. 240 00:15:51,480 --> 00:15:54,760 Speaker 4: Wrong And i'm not interested in protecting one member when 241 00:15:54,840 --> 00:15:57,560 Speaker 4: Three democrats get off as us believe. 242 00:15:57,360 --> 00:15:58,280 Speaker 2: The expression is scot. 243 00:15:58,400 --> 00:16:01,880 Speaker 4: Free where that expression comes, from someone has to tell 244 00:16:01,920 --> 00:16:04,080 Speaker 4: me it's gonna end up being one of those expressions, like, 245 00:16:04,080 --> 00:16:09,040 Speaker 4: oh you don't want to use. That all of that 246 00:16:09,240 --> 00:16:11,680 Speaker 4: said is, true and WHEN i SAID i hear, YOU 247 00:16:11,760 --> 00:16:12,160 Speaker 4: i really. 248 00:16:12,200 --> 00:16:16,040 Speaker 2: Do But Corey mills is up to his. 249 00:16:16,280 --> 00:16:21,520 Speaker 4: Eyeballs and just Because republicans didn't do the job they 250 00:16:21,520 --> 00:16:23,680 Speaker 4: should have doesn't mean that we shouldn't do the job 251 00:16:23,760 --> 00:16:26,440 Speaker 4: that we need To Corey mills may very well need to. 252 00:16:26,480 --> 00:16:29,120 Speaker 4: Go he can defend himself and we may learn something 253 00:16:29,120 --> 00:16:35,080 Speaker 4: on that. Defense but the, evidence i should, say the allegations. 254 00:16:35,640 --> 00:16:38,600 Speaker 2: Really, bad and a lot of it is on the. 255 00:16:38,640 --> 00:16:41,600 Speaker 2: Record I'm Tony. Katz this Is Tony Katz. 256 00:16:41,640 --> 00:16:46,920 Speaker 4: Today do the institutions exist for the sake of helping 257 00:16:46,960 --> 00:16:52,040 Speaker 4: and supporting the citizenry or do the institutions exist to 258 00:16:52,120 --> 00:16:56,400 Speaker 4: support the existence of the. Institution Tony, Katz Tony katz, 259 00:16:56,440 --> 00:16:58,920 Speaker 4: Today good to be with. YOU i asked this question 260 00:16:59,280 --> 00:17:03,200 Speaker 4: often when we were Talking doge and the cuts and 261 00:17:03,400 --> 00:17:06,399 Speaker 4: ENDING usaid and this group and that, group AND i 262 00:17:06,400 --> 00:17:07,679 Speaker 4: do believe in ending The department Of. 263 00:17:07,760 --> 00:17:11,880 Speaker 2: Education what is the purpose of these? 264 00:17:12,040 --> 00:17:14,639 Speaker 4: Entities do they exist because it betters the lives of 265 00:17:14,760 --> 00:17:17,960 Speaker 4: The american? People or does it exist because the powers 266 00:17:17,960 --> 00:17:20,840 Speaker 4: that be wanted to exist so the entity can exist 267 00:17:21,480 --> 00:17:23,919 Speaker 4: and therefore be a safe haven when someone needs a 268 00:17:24,000 --> 00:17:26,200 Speaker 4: job or someone wants to move something, ideologically. 269 00:17:26,280 --> 00:17:30,160 Speaker 2: Etc Joan jacobs does a. 270 00:17:30,200 --> 00:17:34,720 Speaker 4: Blog it's rather well, done and she's got some data 271 00:17:34,760 --> 00:17:39,440 Speaker 4: from The National assessment Of Educational, progress and it shows 272 00:17:39,520 --> 00:17:41,160 Speaker 4: that since twenty. 273 00:17:42,440 --> 00:17:46,359 Speaker 2: We've been in. Decline since twenty, thirteen if. 274 00:17:46,200 --> 00:17:50,400 Speaker 4: We really want to take a look at things. 275 00:17:49,200 --> 00:17:51,640 Speaker 2: In terms of mass scores and reading scores for eighth. 276 00:17:51,640 --> 00:17:57,119 Speaker 4: Graders but, really since twenty, seventeen the decline has been, 277 00:17:57,560 --> 00:18:01,679 Speaker 4: aggressive so much so that we're down nine points in 278 00:18:01,720 --> 00:18:05,240 Speaker 4: math and fourteen points in. Reading and her argument is 279 00:18:05,320 --> 00:18:08,120 Speaker 4: today's students will earn eight percent, less but they won't 280 00:18:08,119 --> 00:18:10,280 Speaker 4: know how much that is because they won't be able 281 00:18:10,280 --> 00:18:10,800 Speaker 4: to do the. 282 00:18:10,800 --> 00:18:13,040 Speaker 2: Math this is the. 283 00:18:13,080 --> 00:18:17,600 Speaker 4: Story so for what purpose is The department Of education 284 00:18:17,760 --> 00:18:20,840 Speaker 4: or teachers unions or anything. Else do they exist so 285 00:18:20,920 --> 00:18:23,320 Speaker 4: the student is well prepared for a, future or do 286 00:18:23,359 --> 00:18:26,360 Speaker 4: they exist to ensure that they have jobs and that they? 287 00:18:26,400 --> 00:18:30,199 Speaker 4: EXIST i put forth to you it's the latter that doesn't, 288 00:18:30,240 --> 00:18:33,440 Speaker 4: work and therefore it has to. End teachers' unions must 289 00:18:33,520 --> 00:18:38,639 Speaker 4: be broken into and that system must be. Ended no collective, 290 00:18:38,720 --> 00:18:43,439 Speaker 4: bargaining no bargaining with the people who pay, them and 291 00:18:43,560 --> 00:18:47,160 Speaker 4: like the, legislators and then they get to donate to those, 292 00:18:47,240 --> 00:18:48,800 Speaker 4: legislators and that vicious cycle. 293 00:18:48,880 --> 00:18:51,679 Speaker 2: Continues none of. That it's over. 294 00:18:52,960 --> 00:18:56,439 Speaker 4: This drop in our student's, ability our kids ability to, 295 00:18:56,560 --> 00:18:59,800 Speaker 4: think to, read to do. Math it means the system does, 296 00:19:00,160 --> 00:19:01,720 Speaker 4: work and it's up to us to take. 297 00:19:01,760 --> 00:19:03,480 Speaker 2: Over we have to put an end to. 298 00:19:03,520 --> 00:19:06,679 Speaker 4: This and you can see how sharp the decline was 299 00:19:06,960 --> 00:19:10,000 Speaker 4: DURING covid as, well but the decline was happening before. 300 00:19:10,080 --> 00:19:13,720 Speaker 4: That we don't teach our. Kids we don't have demands 301 00:19:13,760 --> 00:19:16,159 Speaker 4: of our. Kids we don't push. Them what we have 302 00:19:16,320 --> 00:19:20,560 Speaker 4: our teachers who would rather engage their own emotional incapabilities 303 00:19:20,560 --> 00:19:22,960 Speaker 4: with our, kids who believe they're in control of the. 304 00:19:23,040 --> 00:19:24,399 Speaker 2: Students and we shouldn't have a. 305 00:19:24,440 --> 00:19:27,240 Speaker 4: Say parents should get even more aggressive about having a, 306 00:19:27,280 --> 00:19:29,719 Speaker 4: say more aggressive about pulling their kids out of school 307 00:19:30,000 --> 00:19:33,480 Speaker 4: and breaking this system in half so we can do it, 308 00:19:33,520 --> 00:19:37,240 Speaker 4: better so we can get a better, result because we're 309 00:19:37,280 --> 00:19:40,840 Speaker 4: not getting the. Results I'm Tony. Katz this Is Tony katz. 310 00:19:40,880 --> 00:19:47,720 Speaker 4: Today so the jobs numbers came out and the market went. 311 00:19:47,840 --> 00:19:49,880 Speaker 4: Nuts there was a moment where the market was over six. 312 00:19:49,960 --> 00:19:51,960 Speaker 4: HUNDRED i do not know where it's going to end. 313 00:19:52,640 --> 00:19:54,800 Speaker 4: Today it could end over one, thousand it could end. Down, 314 00:19:54,840 --> 00:19:57,159 Speaker 4: LISTEN i have no crystal. Ball WHAT i know is 315 00:19:57,760 --> 00:20:01,280 Speaker 4: these jobs numbers are From, september and you're, Like, tony It's. November, 316 00:20:01,520 --> 00:20:04,480 Speaker 4: well there was a, shutdown which makes one wonder do 317 00:20:04,600 --> 00:20:08,639 Speaker 4: these job numbers mean anything at? All and is that 318 00:20:08,680 --> 00:20:12,000 Speaker 4: what's moving the? Market Tony, Katz Tony katz, today good 319 00:20:12,000 --> 00:20:13,840 Speaker 4: to be with. You Doctor Matt will joins me right, 320 00:20:13,840 --> 00:20:19,080 Speaker 4: now economist at The university Of. INDIANAPOLIS i sent this to. You, 321 00:20:19,080 --> 00:20:20,960 Speaker 4: ACTUALLY i didn't even get a chance to send this to. 322 00:20:21,000 --> 00:20:23,080 Speaker 2: You you immediately are sending. 323 00:20:22,800 --> 00:20:24,960 Speaker 4: Me a text and you're, like, yeah, yeah this Ain't 324 00:20:25,600 --> 00:20:28,840 Speaker 4: this ain't, Nothing, tony this is not even a. 325 00:20:28,920 --> 00:20:33,120 Speaker 2: Thing you've seen the job's, numbers, right you. 326 00:20:33,119 --> 00:20:36,200 Speaker 4: Took a look at what it is that, happened adding 327 00:20:36,200 --> 00:20:39,240 Speaker 4: one hundred and nineteen thousand jobs In. 328 00:20:39,280 --> 00:20:41,800 Speaker 2: September that's well over the. 329 00:20:41,920 --> 00:20:46,280 Speaker 4: Estimate but your argument, Is, tony it doesn't mean. Anything 330 00:20:46,680 --> 00:20:48,520 Speaker 4: talk to me about the job's numbers and what you're. 331 00:20:48,560 --> 00:20:52,560 Speaker 1: Seeing, well the reason it's meaningless is because there's lots 332 00:20:52,600 --> 00:20:55,520 Speaker 1: of weeks. Missing the government shutdown, occurred so we have 333 00:20:55,560 --> 00:20:57,960 Speaker 1: all this data that's not even, Reported so there may 334 00:20:58,000 --> 00:21:00,720 Speaker 1: have been negative weeks in there we don't even know 335 00:21:00,760 --> 00:21:03,280 Speaker 1: about that could have pulled that one hundred and nineteen thousand. 336 00:21:03,359 --> 00:21:07,640 Speaker 1: Down so it's. Unreliable plus it's, old It's. September the 337 00:21:07,680 --> 00:21:10,920 Speaker 1: market has moved. On we've got other sources of, Information 338 00:21:11,000 --> 00:21:13,960 Speaker 1: so the market really doesn't care about, this and because 339 00:21:13,960 --> 00:21:16,600 Speaker 1: of the government. Shutdown what's interesting is we're not going 340 00:21:16,640 --> 00:21:19,359 Speaker 1: to have a report for The october. Data there's not 341 00:21:19,400 --> 00:21:22,920 Speaker 1: even going to be another report Until december on The november, 342 00:21:23,040 --> 00:21:26,160 Speaker 1: data and then that report will come out after THE fed. 343 00:21:26,200 --> 00:21:30,240 Speaker 1: Meeting so it's a very convoluted. Thing but even inside the, 344 00:21:30,240 --> 00:21:33,000 Speaker 1: report there's some good news and there's some bad. News 345 00:21:33,400 --> 00:21:36,680 Speaker 1: unreliable on both, sides but it's a mixture of news 346 00:21:36,680 --> 00:21:38,560 Speaker 1: in this. Report so let's go let's throw it. 347 00:21:38,600 --> 00:21:41,919 Speaker 4: Away, well let's talk about at least what's in. It 348 00:21:42,240 --> 00:21:44,879 Speaker 4: one hundred and nineteen thousand jobs added instead of the 349 00:21:44,920 --> 00:21:48,480 Speaker 4: fifty thousand that was. Expected unemployment rate ticks up to 350 00:21:48,560 --> 00:21:53,080 Speaker 4: four point four. Percent you still toss both those numbers 351 00:21:53,119 --> 00:21:55,879 Speaker 4: and say there's a, good there's a. Bad it's like 352 00:21:55,960 --> 00:21:59,800 Speaker 4: offsetting penalties in THE. Nfl just let's rehike the, balts 353 00:22:00,040 --> 00:22:00,640 Speaker 4: repeat second. 354 00:22:00,720 --> 00:22:03,600 Speaker 1: Down, YEAH i, mean that's exactly what the case. Is 355 00:22:03,640 --> 00:22:05,879 Speaker 1: because while the non farm payrolls are up and The 356 00:22:05,920 --> 00:22:08,880 Speaker 1: september hourly wages are up year over, year and the 357 00:22:08,960 --> 00:22:12,800 Speaker 1: revisions From august were, improving and the participation rates, up 358 00:22:12,800 --> 00:22:15,720 Speaker 1: so there's all these good. Things but then The september 359 00:22:16,000 --> 00:22:19,800 Speaker 1: monthly wages are, down the unemployment rate is, up the 360 00:22:19,920 --> 00:22:23,720 Speaker 1: continuing jobless claims are at the highest level since twenty twenty. 361 00:22:23,760 --> 00:22:27,920 Speaker 1: One so even if we, say, hey it's reliable, data 362 00:22:28,480 --> 00:22:31,760 Speaker 1: it's a do. Over it's a total draw on the 363 00:22:31,800 --> 00:22:34,840 Speaker 1: good and the. Bad so BUT i got to tell, You, 364 00:22:34,880 --> 00:22:37,600 Speaker 1: Tony i'm actually glad the government shut down from the 365 00:22:37,640 --> 00:22:41,840 Speaker 1: perspective of government, reports because we focus you AND i 366 00:22:41,920 --> 00:22:44,280 Speaker 1: even we're guilty of. This we focus so much on 367 00:22:44,320 --> 00:22:47,280 Speaker 1: the government data when we should be looking At Wall 368 00:22:47,320 --> 00:22:49,760 Speaker 1: street and how our business is, doing and are they, 369 00:22:49,800 --> 00:22:52,320 Speaker 1: profitable and are they growing and are they laying people? 370 00:22:52,320 --> 00:22:55,240 Speaker 1: Off that is much more, important and that's where we 371 00:22:55,240 --> 00:22:58,080 Speaker 1: should pay our attention rather than at every government report 372 00:22:58,080 --> 00:22:58,440 Speaker 1: that comes. 373 00:22:58,440 --> 00:22:59,679 Speaker 2: Out, well then let us do. 374 00:22:59,760 --> 00:23:02,560 Speaker 4: That talking to Doctor Matt, will economist at The university 375 00:23:02,560 --> 00:23:08,040 Speaker 4: Of indianapolis earlier this, week markets went. DOWN i mean 376 00:23:08,080 --> 00:23:11,600 Speaker 4: they went down in this market, considerably if you, will 377 00:23:11,640 --> 00:23:14,560 Speaker 4: not not multi thousand, points not oh my, gosh it's 378 00:23:14,560 --> 00:23:17,160 Speaker 4: the end of. Days but they went, down and part 379 00:23:17,160 --> 00:23:19,679 Speaker 4: of it is because there was a real question of 380 00:23:20,160 --> 00:23:22,480 Speaker 4: is THIS ai bubble really a? Bubble are we all 381 00:23:22,560 --> 00:23:25,080 Speaker 4: just buying into a bunch of nonsense. Here if it 382 00:23:25,160 --> 00:23:27,520 Speaker 4: wasn't FOR ai, investing there'd be no investing at. All 383 00:23:27,640 --> 00:23:30,880 Speaker 4: is you've discussed on this show many many. Times then 384 00:23:31,040 --> 00:23:34,040 Speaker 4: in video which makes the chips came out and, said 385 00:23:34,080 --> 00:23:36,840 Speaker 4: you know what we're. Doing, fine we're investing, here we're doing. 386 00:23:36,880 --> 00:23:39,199 Speaker 4: This trust, me your money's in a good. Spot and 387 00:23:39,240 --> 00:23:44,199 Speaker 4: the market has jumped back. Up so did the market 388 00:23:44,280 --> 00:23:46,680 Speaker 4: see the jobs report and, say finally we have a jobs, 389 00:23:46,680 --> 00:23:49,960 Speaker 4: report or did the market See nvidian say finally we 390 00:23:50,000 --> 00:23:51,840 Speaker 4: have someone telling us it's all going to be, okay 391 00:23:52,080 --> 00:23:54,440 Speaker 4: stroking our hair as we've had a night of heavy, 392 00:23:54,480 --> 00:23:56,359 Speaker 4: drinking saying don't, worry you'll feel better in the. 393 00:23:56,400 --> 00:23:59,479 Speaker 2: Morning, well, Okay i'm not gonna you can stick with your. 394 00:23:59,520 --> 00:24:03,320 Speaker 1: Analogy i'm not gonna a pretty good, one But i'm 395 00:24:03,320 --> 00:24:03,960 Speaker 1: not gonna deny. 396 00:24:04,040 --> 00:24:04,159 Speaker 3: That. 397 00:24:04,560 --> 00:24:08,679 Speaker 1: Ah but it's back to WHAT i. Said the market 398 00:24:08,720 --> 00:24:12,280 Speaker 1: is looking to businesses, Now thank, goodness they're doing. That 399 00:24:12,800 --> 00:24:17,520 Speaker 1: And nvidia, said, look, people everything is. Fine THESE ai 400 00:24:17,600 --> 00:24:22,680 Speaker 1: profits are. Real walmart came. Out walmart even said earnings. 401 00:24:22,920 --> 00:24:25,720 Speaker 1: Solid so we have solid earnings from one of the 402 00:24:25,760 --> 00:24:29,520 Speaker 1: biggest retailers in the. World we have solid earnings reports 403 00:24:29,720 --> 00:24:34,280 Speaker 1: from the BIGGEST ai company in the. World everything is looking. Good, well, 404 00:24:34,320 --> 00:24:37,800 Speaker 1: okay not everything's looking. Good verizon laid off thirteen thousand. 405 00:24:37,840 --> 00:24:42,720 Speaker 1: People so there's THE ai, rub the, rub especially in 406 00:24:42,760 --> 00:24:46,640 Speaker 1: companies that are heavily can use technology Like verizon can use. 407 00:24:46,680 --> 00:24:50,120 Speaker 1: Technology then we're going to see those layoffs, continue which 408 00:24:50,160 --> 00:24:52,600 Speaker 1: we saw in this corrupted unemployment. 409 00:24:52,640 --> 00:24:55,359 Speaker 4: Report and this is not the only layoffs we've, seen 410 00:24:55,480 --> 00:24:58,359 Speaker 4: right the layoffs from, ups the layoffs From, amazon and 411 00:24:58,359 --> 00:25:01,960 Speaker 4: they've been more on a corporate. Side talking to Doctor Matt, 412 00:25:01,960 --> 00:25:05,840 Speaker 4: will economist at The university Of, indianapolis this is gonna 413 00:25:05,840 --> 00:25:08,359 Speaker 4: BE i, mean we can play this politically for a, moment, 414 00:25:08,400 --> 00:25:10,160 Speaker 4: sir this is going to Be oh my, gosh look 415 00:25:10,200 --> 00:25:12,640 Speaker 4: At trump's. Economy look how charibud. Is look at all 416 00:25:12,640 --> 00:25:16,560 Speaker 4: the jobs are being laid. Off this is exactly what 417 00:25:16,600 --> 00:25:21,040 Speaker 4: one would, expect if they're rational from the multi trillion 418 00:25:21,160 --> 00:25:25,400 Speaker 4: dollar investment that has gone INTO, ai that people are 419 00:25:25,400 --> 00:25:28,240 Speaker 4: going to now utilize these tools as a way of 420 00:25:28,280 --> 00:25:31,960 Speaker 4: seeing if they can replace. Workforce there's really this huge 421 00:25:31,960 --> 00:25:35,560 Speaker 4: experiment going on right now in The american. ECONOMY i 422 00:25:35,560 --> 00:25:37,360 Speaker 4: don't think it's gonna pay off the way others. 423 00:25:37,600 --> 00:25:39,360 Speaker 2: Do but that is what we're. 424 00:25:39,400 --> 00:25:41,960 Speaker 4: Seeing the layoffs are not a result of The trump 425 00:25:42,040 --> 00:25:44,000 Speaker 4: economy as they are of The trump. 426 00:25:44,000 --> 00:25:49,760 Speaker 2: Investment true or, FALSE i don't know the answer to that. 427 00:25:49,840 --> 00:25:53,160 Speaker 1: Question But i'm gonna take exception with you said this great. 428 00:25:53,200 --> 00:25:56,320 Speaker 1: Experiment this isn't an, Experiment. Tony we've done it. Before 429 00:25:57,080 --> 00:25:59,439 Speaker 1: we did it when we replaced the horse and buggy 430 00:25:59,440 --> 00:26:02,040 Speaker 1: with the. Car we did it when we replaced the 431 00:26:02,640 --> 00:26:06,320 Speaker 1: typewriter with the. Computer this is not an. Experiment this 432 00:26:06,359 --> 00:26:08,920 Speaker 1: is transitional. Unemployment and you AND, i you know we're 433 00:26:08,960 --> 00:26:10,520 Speaker 1: gonna have to have a fight on this one BECAUSE 434 00:26:10,560 --> 00:26:12,840 Speaker 1: i THINK ai is. LEGIT i think it's here to 435 00:26:12,880 --> 00:26:15,199 Speaker 1: stay and it's going to produce all the great. Things 436 00:26:15,600 --> 00:26:19,600 Speaker 1: but it does cause what we call transitional. Unemployment there 437 00:26:19,680 --> 00:26:21,680 Speaker 1: is going to be a moment when the people taking 438 00:26:21,680 --> 00:26:24,440 Speaker 1: care of the, horses, shoes and the buggies are out 439 00:26:24,440 --> 00:26:27,720 Speaker 1: of jobs until we build up that other, industry which was. 440 00:26:27,800 --> 00:26:31,439 Speaker 1: Cars this is the same. THING i can really sincerely believe. 441 00:26:31,440 --> 00:26:33,600 Speaker 4: That so let's first say that we agree on that 442 00:26:33,640 --> 00:26:36,080 Speaker 4: basic point that's not actually a moment of. Disagreement calling 443 00:26:36,160 --> 00:26:38,119 Speaker 4: a transitional what'd you call it transitional. 444 00:26:38,160 --> 00:26:41,399 Speaker 2: Employment, yes transitional. Unemployment that's is that actually is that a? 445 00:26:41,480 --> 00:26:43,440 Speaker 2: Term is that a term of arts for? ECONOMISTS. 446 00:26:43,600 --> 00:26:46,360 Speaker 4: Yep SO i agree with you, there AND i think 447 00:26:46,400 --> 00:26:48,840 Speaker 4: that people are politically going to, say look What trump's 448 00:26:48,840 --> 00:26:50,960 Speaker 4: done to the, economy look at all these, jobs and 449 00:26:50,960 --> 00:26:53,639 Speaker 4: not notice that a lot of this has to do 450 00:26:53,680 --> 00:26:55,960 Speaker 4: with the investment IN, ai and then it's it's it's. 451 00:26:56,040 --> 00:26:59,520 Speaker 4: Utilization What i'm saying is is that absolutely it's an 452 00:26:59,520 --> 00:27:01,879 Speaker 4: experiment to find out whether or NOT ai can actually 453 00:27:01,880 --> 00:27:02,800 Speaker 4: replace these. 454 00:27:02,680 --> 00:27:04,800 Speaker 2: Jobs or whether or not people are going to realize 455 00:27:04,840 --> 00:27:05,720 Speaker 2: we need some of them. 456 00:27:05,800 --> 00:27:10,320 Speaker 4: Back there's also the greater conversation of how much bloat 457 00:27:10,320 --> 00:27:12,840 Speaker 4: did we have as a company with all of these 458 00:27:13,440 --> 00:27:16,480 Speaker 4: corporate folk or all these other. Folk companies do, this 459 00:27:16,880 --> 00:27:21,080 Speaker 4: they take a, look they, reorg they engage some, shedding et. 460 00:27:21,119 --> 00:27:24,840 Speaker 4: Cetera but as we take a look at The trump economy, 461 00:27:24,880 --> 00:27:28,680 Speaker 4: overall you Heard President trump with The Crown prince Of Saudi, 462 00:27:28,720 --> 00:27:30,360 Speaker 4: Arabia Mohammed Ben, solomon. 463 00:27:30,400 --> 00:27:32,280 Speaker 2: Saying that be a billion dollars worth of. 464 00:27:32,320 --> 00:27:36,000 Speaker 4: Investment you Saw trump at THE Us Saudi Investment forum 465 00:27:36,440 --> 00:27:39,120 Speaker 4: cheering this. On and the trillions that have come into 466 00:27:39,160 --> 00:27:41,720 Speaker 4: THE us. Economy i've made the argument that he needs 467 00:27:41,760 --> 00:27:43,840 Speaker 4: to turn that into a conversation about how it helps 468 00:27:43,840 --> 00:27:46,080 Speaker 4: people in The midwest in order to get them to 469 00:27:46,160 --> 00:27:49,520 Speaker 4: understand how this big investment actually helps people when they're 470 00:27:49,560 --> 00:27:56,159 Speaker 4: seeing job, Losses verizon, Ups, amazon. Etc, so as you 471 00:27:56,440 --> 00:28:00,600 Speaker 4: see the investment, happening the investment going, on and you 472 00:28:00,720 --> 00:28:03,480 Speaker 4: see still higher costs and groceries and other things in 473 00:28:03,520 --> 00:28:07,160 Speaker 4: a bunch of, places is The trump economy working in your? 474 00:28:07,240 --> 00:28:10,960 Speaker 1: View, well those are two different. Things first of, All 475 00:28:11,320 --> 00:28:14,840 Speaker 1: i've seen the investments, announced BUT i haven't seen the 476 00:28:14,840 --> 00:28:17,320 Speaker 1: investments in the. GROUND i haven't seen the shovels in the. 477 00:28:17,320 --> 00:28:20,080 Speaker 1: Ground And trump is very good at, talking AND i 478 00:28:20,080 --> 00:28:22,520 Speaker 1: think he's announced a lot of investments in a trillion 479 00:28:22,560 --> 00:28:25,040 Speaker 1: dollars is of course a big, deal BUT i haven't 480 00:28:25,119 --> 00:28:28,640 Speaker 1: seen it physically occur. Yet AND i think he needs 481 00:28:28,640 --> 00:28:31,040 Speaker 1: to get somebody in his administration to roll up their 482 00:28:31,080 --> 00:28:34,160 Speaker 1: sleeves and get the shovels in the. Ground so that's 483 00:28:34,160 --> 00:28:36,639 Speaker 1: the first. Part and SO i think he's doing a 484 00:28:36,680 --> 00:28:39,920 Speaker 1: good job if he can deliver on the. Promises and 485 00:28:40,000 --> 00:28:42,880 Speaker 1: the promises are, legit but have they actually resulted in? 486 00:28:42,960 --> 00:28:45,520 Speaker 1: Jobs as far as the inflation. GOES i think that 487 00:28:45,520 --> 00:28:47,800 Speaker 1: there's still a big, problem and that is the inflation 488 00:28:48,160 --> 00:28:51,160 Speaker 1: is caused by government, spending and the government spending is still. 489 00:28:51,160 --> 00:28:54,960 Speaker 1: Happening The republicans are, spending just not quite as exuberantly 490 00:28:55,000 --> 00:28:57,520 Speaker 1: as The, democrats and so the inflation is not going. 491 00:28:57,560 --> 00:29:01,480 Speaker 1: Away but one of the ways he can is my economic. 492 00:29:01,560 --> 00:29:04,040 Speaker 1: Growth and he's hurting. Himself i'm going to say it 493 00:29:04,080 --> 00:29:06,719 Speaker 1: again with the. Tariffs if it weren't for the, tariffs 494 00:29:06,720 --> 00:29:09,040 Speaker 1: he could grow himself out of this. Inflation he's his 495 00:29:09,080 --> 00:29:09,480 Speaker 1: own worst. 496 00:29:09,600 --> 00:29:15,720 Speaker 4: Enemy talking to Doctor Matt, will economist at The university Of, Indianapolis, 497 00:29:16,000 --> 00:29:21,000 Speaker 4: yes you actually have to see the dollars flow. 498 00:29:21,120 --> 00:29:23,440 Speaker 2: In that has to. Happen you. 499 00:29:23,640 --> 00:29:28,800 Speaker 4: Have, however the administration starting, to in my, view finally 500 00:29:30,080 --> 00:29:35,520 Speaker 4: talk about how, listen we know that things aren't happening right, 501 00:29:35,560 --> 00:29:38,160 Speaker 4: away but they will and here's what we're setting up 502 00:29:38,400 --> 00:29:40,920 Speaker 4: for the, future WHICH i think is a smart way 503 00:29:40,960 --> 00:29:43,920 Speaker 4: to be talking about this and something that should have 504 00:29:44,040 --> 00:29:45,680 Speaker 4: happened months. 505 00:29:45,680 --> 00:29:52,000 Speaker 2: Ago in my, view. 506 00:29:49,880 --> 00:29:55,720 Speaker 4: Does the promise of the investment Move Wall street or 507 00:29:55,840 --> 00:30:01,320 Speaker 4: will we see real, excitement real changes when the dollars 508 00:30:01,520 --> 00:30:02,960 Speaker 4: actually means shovels in the. 509 00:30:02,960 --> 00:30:07,520 Speaker 1: Ground it's like the boy that cries. Wolf Wall street 510 00:30:07,640 --> 00:30:11,320 Speaker 1: sees the, announcements they're, happy they react, positively but guess 511 00:30:11,360 --> 00:30:14,720 Speaker 1: what they keep seeing. Announcements they don't see shovels. Yet 512 00:30:15,680 --> 00:30:18,040 Speaker 1: AND i think that's What Wall street is now. Skeptical 513 00:30:18,240 --> 00:30:20,960 Speaker 1: they now see this administration as crying wolf because they 514 00:30:21,040 --> 00:30:24,080 Speaker 1: keep announcing big, numbers and they're bigger and bigger at trillion, 515 00:30:24,160 --> 00:30:26,320 Speaker 1: dollars but they don't see the shovels in the. GROUND 516 00:30:26,800 --> 00:30:28,400 Speaker 1: i think we got to go back to The Ronald 517 00:30:28,480 --> 00:30:31,480 Speaker 1: reagan playbook of the. Eighties Ronald reagan did not go 518 00:30:31,600 --> 00:30:33,920 Speaker 1: around bragging about how great the economy was when he 519 00:30:33,960 --> 00:30:36,200 Speaker 1: took it over From Jimmy. Carter he just rolled up his, 520 00:30:36,240 --> 00:30:39,200 Speaker 1: sleeves did the. Things we paid the, price you, know 521 00:30:39,240 --> 00:30:42,400 Speaker 1: with higher interest rates to kill. Inflation and then when 522 00:30:42,440 --> 00:30:45,840 Speaker 1: the elections came, around he swept through him again because 523 00:30:45,880 --> 00:30:48,760 Speaker 1: he had. EVIDENCE i Think trump needs to focus less 524 00:30:48,800 --> 00:30:51,160 Speaker 1: on the pr AND i know this is where you. 525 00:30:51,160 --> 00:30:52,800 Speaker 1: KNOW i hear you saying that he's got a message. 526 00:30:52,800 --> 00:30:55,480 Speaker 1: BETTER i think he needs results. BETTER i always like 527 00:30:55,560 --> 00:30:57,080 Speaker 1: to have this saying THAT i can't hear what you're 528 00:30:57,080 --> 00:30:58,280 Speaker 1: saying because your actions are so. 529 00:30:58,400 --> 00:31:01,040 Speaker 4: Loud oh Do, god let's NOT i disagree with each 530 00:31:01,040 --> 00:31:03,320 Speaker 4: other here on a point that is very very well 531 00:31:03,320 --> 00:31:06,160 Speaker 4: made by you talking to Doctor Matt, will economist at 532 00:31:06,200 --> 00:31:09,680 Speaker 4: The university Of. Indianapolis results. Matter results are the only 533 00:31:09,800 --> 00:31:15,240 Speaker 4: things that. Matter for, SURE i wholeheartedly. Agree but while 534 00:31:15,280 --> 00:31:17,200 Speaker 4: you're waiting for the, results you got to explain what 535 00:31:17,240 --> 00:31:18,719 Speaker 4: it is that you're doing and why it is that, 536 00:31:18,760 --> 00:31:22,600 Speaker 4: matters and all these conversations of huge. Investments here's how 537 00:31:22,640 --> 00:31:24,240 Speaker 4: it's going to affect you in The, midwest in The. 538 00:31:24,320 --> 00:31:26,200 Speaker 4: South you can't worry about the coastal people on that 539 00:31:26,320 --> 00:31:29,400 Speaker 4: subject at, all though you can also talk to. Them 540 00:31:29,840 --> 00:31:32,320 Speaker 4: we're also hearing that because of you, know as we 541 00:31:32,360 --> 00:31:35,040 Speaker 4: started with the jobs numbers one hundred nineteen thousand jobs 542 00:31:35,040 --> 00:31:38,680 Speaker 4: In september that coming out today unemployment to four point four, 543 00:31:38,720 --> 00:31:42,160 Speaker 4: percent that maybe The fed doesn't feel as great about 544 00:31:42,320 --> 00:31:45,200 Speaker 4: lowering interest rates as they, have promising a full point 545 00:31:45,280 --> 00:31:49,120 Speaker 4: cut over this, year and maybe the leap things where they. 546 00:31:49,240 --> 00:31:52,440 Speaker 2: ARE i don't believe inflation is down enough to cut. 547 00:31:52,480 --> 00:31:54,920 Speaker 4: RATES i don't think inflation has been tamed THAT i 548 00:31:54,960 --> 00:31:58,040 Speaker 4: have stayed with that now for well years. 549 00:31:58,040 --> 00:31:59,440 Speaker 2: Now i'm now years. 550 00:31:59,200 --> 00:32:02,480 Speaker 4: On that, subject, doctor, well where are you you think 551 00:32:02,520 --> 00:32:03,160 Speaker 4: THE fed should? 552 00:32:03,240 --> 00:32:05,600 Speaker 2: Cut or maybe better, said do you think THE fed will? 553 00:32:05,640 --> 00:32:08,840 Speaker 1: Cut, well first of, all will they? CUT i think. 554 00:32:08,880 --> 00:32:11,760 Speaker 1: NOT i don't think there's strong enough evidence in their 555 00:32:11,800 --> 00:32:14,360 Speaker 1: formula to cut the. Rates BUT i go back to 556 00:32:14,400 --> 00:32:18,240 Speaker 1: What i've said. Before you, Know Kevin, WALSH i agree with. 557 00:32:18,320 --> 00:32:20,200 Speaker 1: HIM i think that the whole solution here is to 558 00:32:20,200 --> 00:32:22,920 Speaker 1: cut rates and shed the balance, sheet and THE fed 559 00:32:23,000 --> 00:32:26,560 Speaker 1: is doing the. Opposite they've they've frozen their balance. Sheet 560 00:32:26,560 --> 00:32:29,680 Speaker 1: they're not getting rid of the assets they, know so 561 00:32:29,720 --> 00:32:32,960 Speaker 1: they're causing. Inflation whether they cut rates or not is 562 00:32:33,000 --> 00:32:36,240 Speaker 1: more a. Signal the most important thing is their open market, 563 00:32:36,280 --> 00:32:39,000 Speaker 1: operations and they have frozen. Those SO i think what 564 00:32:39,040 --> 00:32:41,560 Speaker 1: THE fed is doing is. Wrong whether they cut rates 565 00:32:41,600 --> 00:32:45,000 Speaker 1: or not is. Meaningless they are causing. Inflation inflation is 566 00:32:45,040 --> 00:32:47,320 Speaker 1: here And trump needs to grow the economy to Fight 567 00:32:47,480 --> 00:32:48,400 Speaker 1: Jerome pal's bad. 568 00:32:48,400 --> 00:32:53,720 Speaker 4: Decisions Doctor, mattwell economists at The university Of. INDIANAPOLIS i 569 00:32:53,760 --> 00:32:56,280 Speaker 4: appreciate you taking the time to be with us more 570 00:32:56,320 --> 00:32:58,520 Speaker 4: to get to out On Tony. Katz this Is Tony 571 00:32:58,600 --> 00:33:04,640 Speaker 4: katz today talking about this ridiculous Tariff freebay. Nonsense they're 572 00:33:04,680 --> 00:33:07,240 Speaker 4: still actually thinking that this is a good. Idea this 573 00:33:07,360 --> 00:33:10,320 Speaker 4: is not a good. Idea Tony, Katz Tony Katz, today 574 00:33:10,640 --> 00:33:13,080 Speaker 4: good to be with. You find everything At Tony katz dot. 575 00:33:13,120 --> 00:33:17,840 Speaker 4: Com trump administration wants to distribute these rebate, checks these 576 00:33:17,880 --> 00:33:26,560 Speaker 4: two thousand dollars tariff rebate, checks without requiring congressional. Approval first, things, 577 00:33:26,680 --> 00:33:28,479 Speaker 4: FIRST i don't know how you do any of. That 578 00:33:28,760 --> 00:33:33,600 Speaker 4: you're gonna Need. Congress, secondly, why because they're not gonna 579 00:33:33,600 --> 00:33:35,320 Speaker 4: go to. Everybody they're gonna go to people who make 580 00:33:35,320 --> 00:33:37,800 Speaker 4: a what under one hundred thousand dollars a, year which 581 00:33:37,880 --> 00:33:40,680 Speaker 4: could be seen as the people who pay the tariffs 582 00:33:40,720 --> 00:33:45,160 Speaker 4: the most are gonna end up giving some wealthree distribution to. 583 00:33:45,240 --> 00:33:47,920 Speaker 2: Others it's messed. Up it's. 584 00:33:47,960 --> 00:33:50,640 Speaker 4: Wrong don't ask me to buy into. IT i personally 585 00:33:50,720 --> 00:33:53,400 Speaker 4: want to have no part of. It trump's, Wrong the administration's. 586 00:33:53,440 --> 00:33:56,320 Speaker 4: Wrong this is buying. Votes, ridiculous and this stop. It 587 00:33:56,760 --> 00:34:01,880 Speaker 4: pay down the debt that benefits. EVERYBODY i don't even 588 00:34:01,880 --> 00:34:04,400 Speaker 4: want the, tarriffs but at least paid down the. 589 00:34:04,520 --> 00:34:06,440 Speaker 2: Debt that's a. 590 00:34:06,480 --> 00:34:10,680 Speaker 4: Benefit two thousand dollars rebate. Checks, ah you're just buying. 591 00:34:10,880 --> 00:34:15,000 Speaker 4: Votes that's how we said it With biden when it 592 00:34:15,040 --> 00:34:16,360 Speaker 4: came to, hey we're paying. 593 00:34:16,200 --> 00:34:16,800 Speaker 2: Off their student. 594 00:34:16,840 --> 00:34:20,120 Speaker 4: Loan, decus it's exactly what it. Was it can be 595 00:34:20,160 --> 00:34:23,040 Speaker 4: seen the same. Way don't don't get angry with. Me 596 00:34:23,680 --> 00:34:27,400 Speaker 4: it could be seen the same. Way don't be, silly 597 00:34:27,880 --> 00:34:33,880 Speaker 4: don't be. Ridiculous now there's one other, story the weirdest 598 00:34:33,920 --> 00:34:40,400 Speaker 4: story in the. World the fifth person this month in 599 00:34:40,480 --> 00:34:45,319 Speaker 4: less than a, month a thirty day, span confirmed debt At. 600 00:34:45,320 --> 00:34:48,920 Speaker 4: Disney and you're, like like, me what in the world 601 00:34:48,960 --> 00:34:52,759 Speaker 4: is going? On and the answer, IS i don't, know 602 00:34:53,920 --> 00:34:59,120 Speaker 4: but people are going To disney and committing. Suicide it's, 603 00:34:59,440 --> 00:35:05,480 Speaker 4: CRAZY i tell, you just absolutely nutty that this is taking. 604 00:35:05,520 --> 00:35:10,319 Speaker 4: Place they're staying at resorts where the price tag is 605 00:35:10,320 --> 00:35:14,160 Speaker 4: well over two thousand dollars a, night and they're ending their. 606 00:35:14,280 --> 00:35:18,080 Speaker 4: Lives and it's first Things first nine to eight eight 607 00:35:18,200 --> 00:35:19,200 Speaker 4: is the Suicide prevention. 608 00:35:19,280 --> 00:35:20,440 Speaker 2: Hotline make the. 609 00:35:20,480 --> 00:35:25,160 Speaker 4: Call you deserve to. Survive life gets. Better you, can 610 00:35:25,680 --> 00:35:28,120 Speaker 4: you just Gotta sometimes you gotta go through, it but 611 00:35:28,160 --> 00:35:30,480 Speaker 4: you can get through the other. Side i'm A i'm 612 00:35:30,480 --> 00:35:31,799 Speaker 4: a walking example of. 613 00:35:31,840 --> 00:35:37,239 Speaker 2: It but why are you going To? Disney why is? 614 00:35:37,280 --> 00:35:41,239 Speaker 4: This? Like it's, Weird it's like this weird, destination AND 615 00:35:41,920 --> 00:35:43,319 Speaker 4: i just don't want this to become a. 616 00:35:43,400 --> 00:35:44,200 Speaker 2: Trend this is. 617 00:35:45,840 --> 00:35:48,279 Speaker 4: Really strange, stuff AND i would love if there's some 618 00:35:48,360 --> 00:35:50,680 Speaker 4: kind of if there is some kind of understanding of 619 00:35:50,719 --> 00:35:52,960 Speaker 4: what's going, on if there's some kind of backstory, here 620 00:35:53,320 --> 00:35:55,960 Speaker 4: if someone Knows tony At tony kats dot, com just. 621 00:35:55,880 --> 00:35:59,600 Speaker 2: Send it my. Way very odd. Stuff find EVERYTHING i 622 00:35:59,640 --> 00:36:02,160 Speaker 2: do only cats dot. COM i will catch you tomorrow Every. 623 00:36:02,160 --> 00:36:03,000 Speaker 2: Monday take, care