1 00:00:05,160 --> 00:00:10,760 Speaker 1: Line from dall Hartbland and the Crossroads of America. It's 2 00:00:10,840 --> 00:00:33,120 Speaker 1: Tony Katz today. Well, the raid on John Bolton's house 3 00:00:33,159 --> 00:00:37,720 Speaker 1: I did not expect. But I don't think that that's, 4 00:00:38,000 --> 00:00:43,880 Speaker 1: you know, surprising. How could anybody have expected such a thing. 5 00:00:46,760 --> 00:00:48,400 Speaker 1: This would be a good time to have my Spanish 6 00:00:48,400 --> 00:00:49,280 Speaker 1: inquisition stuff. 7 00:00:50,280 --> 00:00:54,080 Speaker 2: Nope, I don't have it. I'll get it later, Tony Kats, 8 00:00:54,160 --> 00:00:56,080 Speaker 2: Tony Kats today, good to be with you. For what 9 00:00:56,280 --> 00:00:59,920 Speaker 2: reason are we now doing this? For what reason are 10 00:01:00,080 --> 00:01:02,640 Speaker 2: we rating the home of the former National Security Advisor. 11 00:01:03,400 --> 00:01:08,200 Speaker 2: Bolton was not detained. Bolton has not been charged. This 12 00:01:08,280 --> 00:01:13,680 Speaker 2: began about seven am Eastern Time Friday, ordered by the 13 00:01:13,720 --> 00:01:16,360 Speaker 2: director of the FBI cast would tell this all. According 14 00:01:16,880 --> 00:01:21,520 Speaker 2: to The New York Post, they had the story from 15 00:01:21,520 --> 00:01:26,039 Speaker 2: the beginning. Others have confirmed it that this involves the 16 00:01:26,160 --> 00:01:31,280 Speaker 2: handling of classified documents. Now, before we do anything, when 17 00:01:31,280 --> 00:01:40,039 Speaker 2: it comes to classified documents, we overclassify freaking everything in 18 00:01:40,080 --> 00:01:45,560 Speaker 2: the United States. Anybody could be handling classified documents, know it, 19 00:01:45,720 --> 00:01:50,200 Speaker 2: not know it. Who knows that said? It drives me 20 00:01:50,320 --> 00:01:53,640 Speaker 2: crazy when people have classified documents things that they're not 21 00:01:53,680 --> 00:01:55,520 Speaker 2: supposed to have. It bothered me with Trump at mar 22 00:01:55,520 --> 00:01:57,320 Speaker 2: A Lago. It bothered me with Joe Biden and his 23 00:01:57,400 --> 00:01:59,520 Speaker 2: garage and wherever else he had stuff, it bothered me 24 00:01:59,560 --> 00:02:06,040 Speaker 2: with for Vice President Mike Pence. It's crazy, but two 25 00:02:06,080 --> 00:02:10,239 Speaker 2: things can be true at the same time. That people 26 00:02:10,280 --> 00:02:13,080 Speaker 2: are not paying attention and think that they're entitled to things, 27 00:02:13,280 --> 00:02:19,960 Speaker 2: and we have an overclassifying issue. We classify too much 28 00:02:20,520 --> 00:02:26,840 Speaker 2: stuff and when it has to stop. Is that what 29 00:02:26,960 --> 00:02:30,480 Speaker 2: happened was Bolton sharing the stuff? Was Bolton asked to 30 00:02:30,520 --> 00:02:38,200 Speaker 2: return the stuff and didn't. That's a question. Did he 31 00:02:38,600 --> 00:02:44,280 Speaker 2: was he asked to return everything and didn't. I don't know. 32 00:02:44,520 --> 00:02:48,320 Speaker 2: I know that Trump doesn't like him. I know that 33 00:02:48,360 --> 00:02:52,840 Speaker 2: Trump is convinced that he's just terrible, said as much. 34 00:02:52,919 --> 00:02:56,239 Speaker 2: I'll get to that. The Attorney General, Pam Bondi is 35 00:02:56,240 --> 00:02:59,680 Speaker 2: sharing a post saying America safety isn't negotiable. Justice will 36 00:02:59,720 --> 00:03:05,600 Speaker 2: be sued always. Well, what does that mean? Cash Ptel 37 00:03:07,280 --> 00:03:10,080 Speaker 2: saying no one is above the law? A FBI Agents 38 00:03:10,120 --> 00:03:13,760 Speaker 2: on mission that was written before the raid was known 39 00:03:13,800 --> 00:03:20,200 Speaker 2: about innocentence will proven guilty. I know that there are 40 00:03:20,240 --> 00:03:26,640 Speaker 2: people in Magaville who hate John Bolton. I do not 41 00:03:28,040 --> 00:03:34,079 Speaker 2: hate John Bolton. I could clearly see where Bolton's worldview 42 00:03:34,520 --> 00:03:39,400 Speaker 2: does not align with Trump's worldview. I always thought it 43 00:03:39,480 --> 00:03:44,480 Speaker 2: was wrong that Donald Trump, the President of the United States, 44 00:03:45,000 --> 00:03:48,400 Speaker 2: took away the security from Bolton and from former Secretary 45 00:03:48,400 --> 00:03:51,920 Speaker 2: of Saint Mike Pompeo regarding Oran and basically the fatoas 46 00:03:51,960 --> 00:03:56,960 Speaker 2: on their heads. That was wrong, wrong. I think that 47 00:03:57,600 --> 00:04:01,160 Speaker 2: people doing interviews with Bolton just so he'll punch Trump 48 00:04:01,160 --> 00:04:05,720 Speaker 2: in the face is also super weird. All that said, 49 00:04:07,120 --> 00:04:11,200 Speaker 2: I'm only interested in knowing whether or not the argument 50 00:04:11,280 --> 00:04:16,680 Speaker 2: here is. The investigation here is involving John Bolton and 51 00:04:16,720 --> 00:04:19,839 Speaker 2: providing information to those he shouldn't be providing information to. 52 00:04:20,680 --> 00:04:27,400 Speaker 2: If he had documents that he shouldn't have, well that's wrong. 53 00:04:28,920 --> 00:04:32,520 Speaker 2: If he is sharing those documents with people, I do 54 00:04:32,680 --> 00:04:38,680 Speaker 2: not care how deep the hole is you throw them. 55 00:04:38,760 --> 00:04:41,520 Speaker 2: Considering I'll go to jail if I don't follow my 56 00:04:41,640 --> 00:04:45,599 Speaker 2: taxes properly, I would think that sharing classified information should 57 00:04:45,600 --> 00:04:50,080 Speaker 2: involve a whole bunch of jail and then some. But 58 00:04:50,240 --> 00:04:59,080 Speaker 2: what this is about, I have absolutely no idea none, 59 00:04:59,279 --> 00:05:03,320 Speaker 2: And right now, with all of the investigatory work, all 60 00:05:03,360 --> 00:05:08,360 Speaker 2: of the questions being asked, we don't have an answer. Meanwhile, 61 00:05:08,440 --> 00:05:11,200 Speaker 2: John Bolton. While this is happening, he's tweeting out about 62 00:05:11,240 --> 00:05:16,880 Speaker 2: other things, like he could not care at all what 63 00:05:17,120 --> 00:05:22,640 Speaker 2: was going on. Meanwhile, Trump is like, listen, the guy 64 00:05:23,240 --> 00:05:28,320 Speaker 2: totally unpatriotic. But that's all I know life. 65 00:05:29,279 --> 00:05:31,640 Speaker 3: When I hired him, he served a good purpose because 66 00:05:31,640 --> 00:05:33,200 Speaker 3: as you know, he was one of the people that 67 00:05:33,320 --> 00:05:36,719 Speaker 3: forced Push to do the ridiculous bombings in the Middle East, 68 00:05:37,240 --> 00:05:41,640 Speaker 3: the bolt and he wants always skilled people and he's 69 00:05:41,720 --> 00:05:43,400 Speaker 3: very bad at what he does. But he worked out 70 00:05:43,400 --> 00:05:46,680 Speaker 3: great for me because every time he doesn't talk. He's 71 00:05:46,720 --> 00:05:49,680 Speaker 3: like a very quiet person, except on television and you 72 00:05:49,720 --> 00:05:51,880 Speaker 3: could say something bad about Trump, He'll always do that, 73 00:05:52,000 --> 00:05:55,880 Speaker 3: but he really doesn't talk. He's quiet, and walk into 74 00:05:55,920 --> 00:05:57,600 Speaker 3: a room with him with a foreign country. In the 75 00:05:57,680 --> 00:05:59,520 Speaker 3: foreign country would give me everything because they said, I 76 00:05:59,520 --> 00:06:01,680 Speaker 3: don't know that to get blown up because John Bolton 77 00:06:01,760 --> 00:06:06,960 Speaker 3: is there. He's a not a smart guy, but he 78 00:06:07,000 --> 00:06:08,880 Speaker 3: could be a very unpatriotic I mean, we're going to 79 00:06:08,920 --> 00:06:09,280 Speaker 3: find out. 80 00:06:09,320 --> 00:06:10,360 Speaker 2: I know nothing about it. 81 00:06:10,440 --> 00:06:11,719 Speaker 3: I just saw it this morning. 82 00:06:11,760 --> 00:06:15,120 Speaker 2: They did a ride on this. 83 00:06:15,480 --> 00:06:19,839 Speaker 3: You have Bill Briefman probably today. Sometimes I don't want 84 00:06:19,880 --> 00:06:21,480 Speaker 3: I tell fam and I tell the group. I don't 85 00:06:21,480 --> 00:06:22,880 Speaker 3: want to know about just you have to do what 86 00:06:22,920 --> 00:06:24,520 Speaker 3: you have to do. I don't want to know about it. 87 00:06:24,520 --> 00:06:27,160 Speaker 3: It's not necessary. I could know about it. I could 88 00:06:27,320 --> 00:06:29,600 Speaker 3: be the one starting, and I'm actually the chief law 89 00:06:29,680 --> 00:06:34,240 Speaker 3: enforcement officer. But I feel that it's better this way. 90 00:06:36,080 --> 00:06:38,599 Speaker 2: The best is Trump is wearing a hat that says 91 00:06:38,640 --> 00:06:48,760 Speaker 2: Trump was right about everything. Oh gosh, I should have 92 00:06:48,839 --> 00:06:53,720 Speaker 2: just been in the hat business. I should have just 93 00:06:54,240 --> 00:07:01,600 Speaker 2: my gosh, I don't know what Bolton here, and that's 94 00:07:01,760 --> 00:07:05,960 Speaker 2: just it. Nobody does. We don't know. So everyone take 95 00:07:06,000 --> 00:07:09,000 Speaker 2: a breath and a beat. We have to find out 96 00:07:10,160 --> 00:07:14,160 Speaker 2: now on queue of course, of course, of course, of course, 97 00:07:14,200 --> 00:07:19,560 Speaker 2: of course, of course comes the media saying, well, this 98 00:07:19,720 --> 00:07:20,280 Speaker 2: is all just. 99 00:07:20,320 --> 00:07:24,080 Speaker 4: Political, And of course I'm a SNBC legal analyst, Ken 100 00:07:24,160 --> 00:07:25,120 Speaker 4: I want to start with you. 101 00:07:25,240 --> 00:07:26,040 Speaker 2: I mean, you're out there. 102 00:07:26,080 --> 00:07:28,960 Speaker 4: What do we know about exactly what's happening on the ground. 103 00:07:31,480 --> 00:07:33,600 Speaker 5: Well, Christina, what we know is what we've seen, which 104 00:07:33,640 --> 00:07:37,320 Speaker 5: is FBI agents and FBI windbreakers and FBI polos going 105 00:07:37,320 --> 00:07:40,240 Speaker 5: in and out of the house, bringing boxes inside the house. 106 00:07:40,640 --> 00:07:45,080 Speaker 2: Rearranging windbreakers polos. It's a fashion report from NBC. They're 107 00:07:45,160 --> 00:07:45,960 Speaker 2: unmarked vehicles. 108 00:07:45,960 --> 00:07:49,400 Speaker 5: They see behind me around the four or five unmarked 109 00:07:49,480 --> 00:07:52,720 Speaker 5: FBI vehicles in the driveway. They pulled an suv up 110 00:07:52,720 --> 00:07:56,280 Speaker 5: to the garage. We have not seen anybody that lives there. 111 00:07:56,440 --> 00:07:59,440 Speaker 5: We don't think Ambassador Borlden is not at home. We 112 00:07:59,520 --> 00:08:01,360 Speaker 5: know that the yeah has been here since seven in 113 00:08:01,400 --> 00:08:04,760 Speaker 5: the morning. So they are pouring through material in the house. 114 00:08:05,440 --> 00:08:08,520 Speaker 5: And typically in these kinds of searches, you have FBI agents, 115 00:08:08,520 --> 00:08:11,840 Speaker 5: including perhaps the case agent in charge the investigation, and 116 00:08:11,840 --> 00:08:16,880 Speaker 5: also evidence technicians who are expert in searching and exploiting 117 00:08:17,040 --> 00:08:17,600 Speaker 5: the evidence. 118 00:08:17,640 --> 00:08:20,080 Speaker 2: That why not just say we don't know anything yet 119 00:08:20,200 --> 00:08:28,200 Speaker 2: back to you because you don't we don't know anything yet, 120 00:08:29,080 --> 00:08:33,640 Speaker 2: But that's not going to stop Kendelanian and NBC from 121 00:08:33,640 --> 00:08:35,320 Speaker 2: getting purely political. 122 00:08:34,960 --> 00:08:39,280 Speaker 5: Who normally sees digital devices and also papers, and look, 123 00:08:39,320 --> 00:08:43,319 Speaker 5: the context here is really important. Number One, FBI to 124 00:08:43,520 --> 00:08:45,960 Speaker 5: have gotten sign off on this search. They had to 125 00:08:45,960 --> 00:08:49,079 Speaker 5: convince a magistrate Drudge that there was probable cause to 126 00:08:49,080 --> 00:08:51,760 Speaker 5: believe that there was evidence of a crime in this house. 127 00:08:51,800 --> 00:08:54,120 Speaker 5: And this has to be fresh evidence, not years old 128 00:08:54,120 --> 00:08:57,840 Speaker 5: evidence related to ambassadors Bolden's book, which you know he 129 00:08:57,880 --> 00:09:02,120 Speaker 5: wrote a book that was criticized about the administration. But secondly, 130 00:09:02,120 --> 00:09:04,120 Speaker 5: This is coming in an atmosphere where the FBI has 131 00:09:04,120 --> 00:09:08,120 Speaker 5: been increasingly politicized. John Bolton is an ardent critic of 132 00:09:08,160 --> 00:09:08,840 Speaker 5: Donald Trump. 133 00:09:09,880 --> 00:09:14,200 Speaker 2: Nothing was more politicized than Joe Biden's DOJ And you 134 00:09:14,360 --> 00:09:20,040 Speaker 2: don't know that that's the cause it was so easy. 135 00:09:20,520 --> 00:09:22,640 Speaker 2: I mean, guys, we don't have to do any work 136 00:09:22,679 --> 00:09:25,719 Speaker 2: on this at all. We knew from the word go 137 00:09:26,520 --> 00:09:34,199 Speaker 2: that the ABC's, NBC, CBS's MSNBC, CNNs would immediately engage 138 00:09:34,240 --> 00:09:36,760 Speaker 2: the conversation that this was all political. 139 00:09:37,800 --> 00:09:40,800 Speaker 4: MSNBC isan, we have covered so many first when it 140 00:09:40,840 --> 00:09:43,880 Speaker 4: comes to Donald Trump. But this does feel, as we 141 00:09:43,960 --> 00:09:46,600 Speaker 4: heard Mary McCord talking about what it means to have 142 00:09:46,640 --> 00:09:49,040 Speaker 4: a president who is saying that he's the real law 143 00:09:49,160 --> 00:09:52,760 Speaker 4: enforcement authority, the real chief law enforcement officer in this country. 144 00:09:53,040 --> 00:09:55,520 Speaker 4: It does feel like this is yet another norm broken 145 00:09:55,640 --> 00:09:56,680 Speaker 4: in a real serious way. 146 00:09:57,600 --> 00:10:01,400 Speaker 2: What norm is broken? Was the norm broken when you 147 00:10:01,520 --> 00:10:04,360 Speaker 2: rated Paul Maniford's house. Was the norm broken when you 148 00:10:04,400 --> 00:10:09,760 Speaker 2: threw Roger Stone or Steve Bannon into jail? The norm's broken. 149 00:10:11,480 --> 00:10:15,000 Speaker 2: This is an investigation. The FBI does them all the time. 150 00:10:15,760 --> 00:10:19,079 Speaker 2: The FBI takes their weapons, puts them in your face 151 00:10:19,120 --> 00:10:22,440 Speaker 2: and says, we're looking at your stuff. I've never liked it. 152 00:10:22,520 --> 00:10:24,920 Speaker 2: If FBIA agents don't like what I have to say, 153 00:10:24,920 --> 00:10:28,120 Speaker 2: that's not my concern. Hold on, second, someone's knocking at 154 00:10:28,160 --> 00:10:36,880 Speaker 2: my door right now. No norms were broken here, none, 155 00:10:37,120 --> 00:10:41,640 Speaker 2: But yet this is their constant refrain, over and over 156 00:10:41,679 --> 00:10:48,400 Speaker 2: and over again. You'll note exactly how little they know, 157 00:10:48,679 --> 00:10:51,560 Speaker 2: yet how much they're willing to say. I gave you 158 00:10:51,600 --> 00:10:58,679 Speaker 2: here the details that we have. That's it. And of course, 159 00:10:59,160 --> 00:11:02,280 Speaker 2: well you can't have an expert without a mention of Epstein. 160 00:11:03,200 --> 00:11:04,840 Speaker 2: All right, let me let me follow up on that. 161 00:11:05,120 --> 00:11:09,080 Speaker 2: You think you were questioning the timing of this and 162 00:11:09,200 --> 00:11:12,320 Speaker 2: raising a possible connection to the turning over of some 163 00:11:12,480 --> 00:11:18,240 Speaker 2: documents of Epstein files to your committee today. Yeah, I 164 00:11:18,280 --> 00:11:18,600 Speaker 2: think that. 165 00:11:18,640 --> 00:11:21,560 Speaker 6: Look, I think today is the first day that the 166 00:11:21,640 --> 00:11:29,440 Speaker 6: DOJ has been required to comply with the subpoena. They 167 00:11:29,520 --> 00:11:32,680 Speaker 6: said that they would start producing documents today. I'm concerned 168 00:11:32,679 --> 00:11:35,240 Speaker 6: that they're going to slow walk that as well. But 169 00:11:35,520 --> 00:11:40,560 Speaker 6: there's tremendous clamor for these documents and transparency as to 170 00:11:40,600 --> 00:11:44,080 Speaker 6: these files. And as you know, both Donald Trump as 171 00:11:44,080 --> 00:11:46,160 Speaker 6: well as Mike Johnson, the Speaker of the House, are 172 00:11:46,200 --> 00:11:49,400 Speaker 6: trying to prevent that from happening, and they want to 173 00:11:49,480 --> 00:11:50,319 Speaker 6: change the conversation. 174 00:11:51,280 --> 00:11:56,679 Speaker 2: And that's what you're thinking, all so boring. Wait a second. 175 00:11:57,000 --> 00:12:00,600 Speaker 2: It was earlier this week that Taylor Swift announced her 176 00:12:00,640 --> 00:12:04,400 Speaker 2: new album, and now we have a raid on John 177 00:12:04,480 --> 00:12:13,240 Speaker 2: Bolton's home. I see the connection now. It's embarrassing. They 178 00:12:13,280 --> 00:12:16,120 Speaker 2: don't stop, they don't rest, they don't quit. They don't 179 00:12:16,120 --> 00:12:18,280 Speaker 2: care if they have the data or not. They don't 180 00:12:18,280 --> 00:12:20,160 Speaker 2: care if they have the faction not. They don't care 181 00:12:20,240 --> 00:12:22,360 Speaker 2: that they lie to you. The objective is to gin 182 00:12:22,559 --> 00:12:25,040 Speaker 2: people up because it has to be about hate twenty 183 00:12:25,040 --> 00:12:28,120 Speaker 2: four seven, three sixty five. It can't actually be about 184 00:12:28,160 --> 00:12:31,160 Speaker 2: the thing and waiting to find out what happened. It's 185 00:12:31,240 --> 00:12:34,600 Speaker 2: why these people are terrible. They're terrible. This is the 186 00:12:34,640 --> 00:12:38,760 Speaker 2: representative from I forget where he is from, I forget 187 00:12:38,760 --> 00:12:43,079 Speaker 2: the state that he is from. It is representative. I 188 00:12:43,160 --> 00:12:46,000 Speaker 2: always get it wrong. Krishna Murphy, Well, I think that 189 00:12:46,120 --> 00:12:49,920 Speaker 2: going right. I think I got that one right. Awful. 190 00:12:50,840 --> 00:12:53,320 Speaker 2: Nothing he said is true. He has no idea this 191 00:12:53,360 --> 00:12:56,680 Speaker 2: is connected to anything. As as if the FBI doesn't 192 00:12:56,720 --> 00:13:01,120 Speaker 2: do things all the time. For what reason was John 193 00:13:01,160 --> 00:13:05,240 Speaker 2: Bolton's home investigated. We don't know. Could we wait to 194 00:13:05,240 --> 00:13:09,800 Speaker 2: find out? Could we just wait to find out? These 195 00:13:09,840 --> 00:13:15,280 Speaker 2: people suck, They're awful. They deserve every bit of derision 196 00:13:15,320 --> 00:13:18,640 Speaker 2: they get. They don't care about the country. They don't 197 00:13:18,640 --> 00:13:21,040 Speaker 2: care about the truth, they don't care about data, they 198 00:13:21,040 --> 00:13:23,880 Speaker 2: don't care about facts, they care about Look at me. 199 00:13:24,120 --> 00:13:26,760 Speaker 2: I'm the first on TV to say this. My gosh, 200 00:13:26,920 --> 00:13:32,360 Speaker 2: I'm gonna get five more likes on Twitter. Well, if 201 00:13:32,360 --> 00:13:34,200 Speaker 2: that's the way you want to live your life, it's fine, 202 00:13:34,280 --> 00:13:36,160 Speaker 2: but I'm telling you that's a terrible way to live 203 00:13:36,200 --> 00:13:40,920 Speaker 2: your life. Count me out. I'm Tony Katz giving you 204 00:13:41,040 --> 00:13:44,760 Speaker 2: actual information. This is Tony Katz Today. Some people have 205 00:13:44,960 --> 00:13:53,520 Speaker 2: noticed that the markets are just exceptional. Right now, Tony Katz, 206 00:13:53,600 --> 00:13:56,080 Speaker 2: Tony kats Today. Good to be with you. Right some 207 00:13:56,160 --> 00:13:58,959 Speaker 2: people get the podcast of this. So we're talking about 208 00:13:59,559 --> 00:14:07,840 Speaker 2: Friday at around twelve pm Eastern time, and the markets 209 00:14:07,880 --> 00:14:11,920 Speaker 2: were up over nine hundred points. Why in the world 210 00:14:12,160 --> 00:14:17,640 Speaker 2: would the markets be up over nine hundred points? My gosh, 211 00:14:17,720 --> 00:14:22,920 Speaker 2: This economy is on fire and it's all because of Trump. 212 00:14:24,080 --> 00:14:28,320 Speaker 2: The economy is not on fire. Let's start there. The 213 00:14:28,400 --> 00:14:33,240 Speaker 2: Walmart story is really important for people paying attention and 214 00:14:33,320 --> 00:14:36,120 Speaker 2: for people not paying attention. The story is is that 215 00:14:36,200 --> 00:14:40,520 Speaker 2: Walmart missed expectations, which is the first time since May 216 00:14:40,560 --> 00:14:43,920 Speaker 2: of twenty twenty two. They don't miss. They have a 217 00:14:43,920 --> 00:14:46,080 Speaker 2: pretty good understanding of their customer, They have a pretty 218 00:14:46,080 --> 00:14:50,120 Speaker 2: good understanding of their pricing. They don't miss. But Tariff's 219 00:14:50,360 --> 00:14:55,840 Speaker 2: messes up everybody. And while they missed, they still took 220 00:14:55,840 --> 00:14:58,760 Speaker 2: a look at their forecast and they're like, we're revising up. 221 00:14:58,960 --> 00:15:03,320 Speaker 2: This is gonna work. And what they're seeing is an 222 00:15:03,400 --> 00:15:11,120 Speaker 2: increase in sales. Sales are up four point six percent. 223 00:15:12,720 --> 00:15:18,000 Speaker 2: Why in the world are sales up? Well, sales are 224 00:15:18,080 --> 00:15:19,960 Speaker 2: up for two reasons. And we brought this up a 225 00:15:19,960 --> 00:15:22,200 Speaker 2: little bit yesterday. Let's dig in a little bit. Why 226 00:15:22,200 --> 00:15:27,200 Speaker 2: would sales be up at Walmart? Walmart is a place 227 00:15:27,240 --> 00:15:34,120 Speaker 2: of lower prices, actual and perceived. I don't think that 228 00:15:34,320 --> 00:15:37,120 Speaker 2: if you were to take a look at pencils at 229 00:15:37,120 --> 00:15:39,680 Speaker 2: Walmart and said, well, there are a penny less than 230 00:15:39,720 --> 00:15:43,800 Speaker 2: pencils at Target, you would see that as anything close 231 00:15:43,840 --> 00:15:47,920 Speaker 2: to a discount, a lower price that you would search out. 232 00:15:50,320 --> 00:15:54,040 Speaker 2: But there is absolutely the feel that if you're in Walmart, 233 00:15:54,080 --> 00:15:57,560 Speaker 2: you're getting a better price. So there is a perceived 234 00:15:57,680 --> 00:16:01,640 Speaker 2: value and then there is an actual. If sales are 235 00:16:01,760 --> 00:16:05,120 Speaker 2: up four point six percent, it means that more people 236 00:16:05,160 --> 00:16:08,680 Speaker 2: are coming to Walmart because they are looking for better deals. 237 00:16:10,000 --> 00:16:13,680 Speaker 2: That is good for Walmart, but it is a signal 238 00:16:13,720 --> 00:16:17,600 Speaker 2: across the board that the economy is not great and 239 00:16:17,640 --> 00:16:20,400 Speaker 2: people are looking for ways to save money. And I 240 00:16:20,480 --> 00:16:23,240 Speaker 2: want to say, for the record, the economy is not great. 241 00:16:23,800 --> 00:16:29,200 Speaker 2: I think that there is certainly more motivation, more opportunity 242 00:16:29,200 --> 00:16:32,520 Speaker 2: for people, more belief that it can be good because 243 00:16:32,520 --> 00:16:35,280 Speaker 2: it's Trump instead of Biden or Kamala Harris or any 244 00:16:35,280 --> 00:16:39,280 Speaker 2: other left that you can think of. But the costs 245 00:16:39,280 --> 00:16:42,000 Speaker 2: are still high. Companies are eating the tariffs and that's 246 00:16:42,000 --> 00:16:45,640 Speaker 2: not going to last long. They're not going to eat 247 00:16:45,640 --> 00:16:50,160 Speaker 2: the tariffs for forever. They are going to pass it along. 248 00:16:53,040 --> 00:16:58,840 Speaker 2: Dusty in the chat Room one of my favorite non 249 00:16:58,880 --> 00:17:02,200 Speaker 2: troll trolls, Fresh Time sales are up too. First of all, 250 00:17:02,200 --> 00:17:04,199 Speaker 2: send me the link. Let's take a look at their 251 00:17:04,240 --> 00:17:08,800 Speaker 2: sales and what is actually up. And if you want 252 00:17:08,840 --> 00:17:12,520 Speaker 2: to argue that food is up, we want to argue 253 00:17:12,560 --> 00:17:15,399 Speaker 2: that food is more expensive. I'm going to say this 254 00:17:15,440 --> 00:17:17,600 Speaker 2: again for the people in the cheap seats, the economy 255 00:17:17,680 --> 00:17:22,400 Speaker 2: is not great. Why are we denying fact? You want 256 00:17:22,400 --> 00:17:24,080 Speaker 2: to fight about it, let's fight. I mean you want 257 00:17:24,080 --> 00:17:25,879 Speaker 2: to pick a street corner, that's fine. I don't think 258 00:17:25,920 --> 00:17:29,600 Speaker 2: it's going to come to that. It's not great. Perceived 259 00:17:29,720 --> 00:17:33,479 Speaker 2: value matters, and people certainly can be spending more at 260 00:17:33,480 --> 00:17:35,760 Speaker 2: grocery stores if they're going out less to supermarkets, I 261 00:17:35,760 --> 00:17:37,760 Speaker 2: mean in less to restaurants. But i'd have to see 262 00:17:37,760 --> 00:17:45,400 Speaker 2: that data. The reason that the market is up nine 263 00:17:45,520 --> 00:17:50,680 Speaker 2: hundred right now is because Jerome Powell indicated that conditions 264 00:17:50,920 --> 00:17:54,880 Speaker 2: may warrant interest rate cuts. He did this in Jackson, ol, Wyoming, 265 00:17:55,160 --> 00:18:01,600 Speaker 2: at the symposium it's going on there regarding the economy. 266 00:18:02,320 --> 00:18:08,639 Speaker 2: The Fed meets in Jackson Hall every year. So he 267 00:18:08,840 --> 00:18:13,399 Speaker 2: said we might see this, and the market went pooh. 268 00:18:14,640 --> 00:18:18,400 Speaker 2: And that's what happened. If you want to pretend that 269 00:18:18,440 --> 00:18:21,240 Speaker 2: the economy is doing great, you can. I think it's crazy. 270 00:18:21,400 --> 00:18:23,359 Speaker 2: Why we don't have to do that to ourselves. We 271 00:18:23,400 --> 00:18:26,720 Speaker 2: don't have to somehow signal love for Trump by saying, oh, 272 00:18:26,800 --> 00:18:29,359 Speaker 2: everything's great, everything's perfect. Look what he did. He fixed it. 273 00:18:29,359 --> 00:18:34,680 Speaker 2: It's not fixed. Insurance is more, autos are more, auto 274 00:18:34,720 --> 00:18:38,760 Speaker 2: of the parts are more. This is real. So let's 275 00:18:38,800 --> 00:18:41,600 Speaker 2: talk about why it's happening. Is this short term? Is 276 00:18:41,600 --> 00:18:44,560 Speaker 2: this long term? Will we be able to get deals 277 00:18:44,680 --> 00:18:48,280 Speaker 2: out of this and that create better benefit and this 278 00:18:48,320 --> 00:18:51,840 Speaker 2: will be worth it? And we haven't even really pushed 279 00:18:51,880 --> 00:18:58,400 Speaker 2: everything on China yet that needs to happen. It's okay 280 00:18:59,600 --> 00:19:02,800 Speaker 2: to know is that it ain't great. And my take 281 00:19:03,200 --> 00:19:08,320 Speaker 2: on Walmart is that people are going for perceived value 282 00:19:08,320 --> 00:19:12,160 Speaker 2: and actual value because they see the prices as too 283 00:19:12,240 --> 00:19:15,879 Speaker 2: high and they're looking for a way to make things better. 284 00:19:18,440 --> 00:19:22,800 Speaker 2: That's it. That's my take. Show me the data that 285 00:19:22,800 --> 00:19:25,920 Speaker 2: that that challenges that. We could talk about it. Maybe 286 00:19:25,920 --> 00:19:30,360 Speaker 2: you'll be right, but please do not get it twisted. 287 00:19:31,240 --> 00:19:35,280 Speaker 2: What we're seeing, what we are seeing right now in 288 00:19:35,320 --> 00:19:39,280 Speaker 2: the market is because Trump, because drum Powell gave a tease. 289 00:19:40,160 --> 00:19:42,000 Speaker 2: Now let's see if I'll live up to it. I'm 290 00:19:42,040 --> 00:19:48,000 Speaker 2: Tony Kats c Span with the notification that President Trump 291 00:19:48,200 --> 00:19:51,800 Speaker 2: is set to speak any moment. Tony Katz, Tony Kats today, 292 00:19:51,840 --> 00:19:53,720 Speaker 2: good to be with you. I'm telling you right now, 293 00:19:54,080 --> 00:20:00,360 Speaker 2: this was not on the schedule today. There was there 294 00:20:00,440 --> 00:20:06,200 Speaker 2: was nothing from the President on the schedule, no speeches, 295 00:20:06,880 --> 00:20:09,320 Speaker 2: no anything. There might have been events going on at 296 00:20:09,320 --> 00:20:11,000 Speaker 2: the White House and events that he was going to do. 297 00:20:11,040 --> 00:20:13,920 Speaker 2: In terms of very public stuff, I always follow the 298 00:20:15,000 --> 00:20:23,040 Speaker 2: c SPAN schedule. There was nothing but right now watching this, 299 00:20:23,640 --> 00:20:28,320 Speaker 2: President Trump makes an announcement two reporters in the Oval 300 00:20:28,359 --> 00:20:35,280 Speaker 2: Office that has not happened yet. It simply says the 301 00:20:35,320 --> 00:20:38,560 Speaker 2: program will begin shortly, so if the President start speaking, 302 00:20:39,800 --> 00:20:42,600 Speaker 2: I will bring that to you, Producer Land and stay 303 00:20:42,960 --> 00:20:47,359 Speaker 2: on top of that. It's a good opportunity for me 304 00:20:47,440 --> 00:20:51,280 Speaker 2: to discuss why everybody talking about Cracker Barrel is completely 305 00:20:51,320 --> 00:21:00,359 Speaker 2: insane and ridiculous. Cracker Barrel changed its logo. That's the 306 00:21:00,400 --> 00:21:06,040 Speaker 2: story now. Admittedly the older logo was a little more homespun. 307 00:21:06,480 --> 00:21:09,280 Speaker 2: It's got the guy and the overalls on the chair 308 00:21:09,359 --> 00:21:11,480 Speaker 2: and it's got a barrel because it is Cracker Barrel. 309 00:21:11,640 --> 00:21:13,440 Speaker 2: Hey right, he's on the rocking chair. They've got the 310 00:21:13,520 --> 00:21:16,040 Speaker 2: rocking chairs. And then it says old country store. It 311 00:21:16,040 --> 00:21:22,000 Speaker 2: says Cracker Barrel. Now it just says Cracker Barrel. And 312 00:21:22,040 --> 00:21:24,080 Speaker 2: the guy has gone, the chair has gone, the barrel's gone. 313 00:21:24,080 --> 00:21:30,200 Speaker 2: Old Country Store is gone. Everyone on social media has 314 00:21:30,240 --> 00:21:34,000 Speaker 2: decided to have an opinion about this, because everyone on 315 00:21:34,040 --> 00:21:39,840 Speaker 2: social media has way too much freaking free time. Everybody's left. 316 00:21:39,920 --> 00:21:42,600 Speaker 2: They got nothing to do. They don't have jobs, they 317 00:21:42,600 --> 00:21:45,600 Speaker 2: don't have families, they don't have to walk the dog. 318 00:21:46,359 --> 00:21:49,320 Speaker 2: They don't. They don't have time to just go out 319 00:21:49,320 --> 00:21:52,480 Speaker 2: there and and and dig a hole in the ground 320 00:21:52,600 --> 00:21:55,320 Speaker 2: in the dirt with a stick. No, no, no, they 321 00:21:55,359 --> 00:21:58,680 Speaker 2: got hey, they got time to be out there. Social 322 00:21:58,760 --> 00:22:03,240 Speaker 2: media outraging all over the place. There's no outrage. Everyone's 323 00:22:03,280 --> 00:22:11,160 Speaker 2: crazy in the barlance. Come at me, bro. I mean, 324 00:22:11,240 --> 00:22:14,200 Speaker 2: it's funny when Steak and Shaik is going after them 325 00:22:14,200 --> 00:22:17,240 Speaker 2: and you're like, oh my gosh, and Denny's went after them, like, hey, 326 00:22:17,240 --> 00:22:19,919 Speaker 2: you basically stole our logo because it's the name Cracker 327 00:22:19,960 --> 00:22:23,240 Speaker 2: Barrel inside of hexagon, which is basically the Denny's logo, 328 00:22:25,720 --> 00:22:29,280 Speaker 2: and like, okay, that's kind of funny. I'll go with 329 00:22:29,359 --> 00:22:33,480 Speaker 2: that company on company. I'll appreciate it. People are upset. 330 00:22:34,160 --> 00:22:37,800 Speaker 2: Oh they went whoke. Oh they went awful. First, they 331 00:22:37,880 --> 00:22:43,760 Speaker 2: changed the logo. They didn't go jaguar. Jaguar went from hey, 332 00:22:43,840 --> 00:22:49,000 Speaker 2: we make really serious, fine crafted automobiles too, Oh my god, 333 00:22:49,040 --> 00:22:54,680 Speaker 2: our cars are amaulting. That's what they did, and that 334 00:22:54,680 --> 00:23:01,960 Speaker 2: that was a terrible rebrand. They lost the plot. I'm 335 00:23:02,040 --> 00:23:08,679 Speaker 2: telling you right now that if you had not seen 336 00:23:08,760 --> 00:23:12,520 Speaker 2: the old Cracker Barrel logo, half of America would not 337 00:23:12,520 --> 00:23:17,720 Speaker 2: have realized the logo had changed. If they could have 338 00:23:17,760 --> 00:23:20,320 Speaker 2: made a logo change six months ago, they would not 339 00:23:20,359 --> 00:23:24,800 Speaker 2: have realized it changed. The idea that people are talking 340 00:23:24,800 --> 00:23:28,280 Speaker 2: about this, angry about this, upset about this, it's just 341 00:23:28,640 --> 00:23:35,040 Speaker 2: too ridiculous for words. It's made up. It's not real. 342 00:23:37,000 --> 00:23:44,119 Speaker 2: You cannot spend this much time on a subject this ridiculous, 343 00:23:44,600 --> 00:23:50,959 Speaker 2: and it is a ridiculous, ridiculous subject. Now people are 344 00:23:51,000 --> 00:23:54,159 Speaker 2: now meming and they're recreating the cracker Barrel logo. And 345 00:23:54,280 --> 00:23:56,760 Speaker 2: someone said the only person who can save us and 346 00:23:56,800 --> 00:23:59,480 Speaker 2: it was a picture of Sidney Sweeney and a cracker 347 00:23:59,520 --> 00:24:00,920 Speaker 2: barrel teach. I don't know if it was a real 348 00:24:00,960 --> 00:24:03,159 Speaker 2: picture or not, but I approved of it. It was. 349 00:24:03,480 --> 00:24:07,879 Speaker 2: I mean, some people are having fun. But one of 350 00:24:07,920 --> 00:24:15,080 Speaker 2: the big mistakes here is this idea that Cracker Barrel woke. 351 00:24:15,280 --> 00:24:15,320 Speaker 3: No. 352 00:24:15,800 --> 00:24:19,120 Speaker 2: Did they change the interior, right, there's a you know, 353 00:24:19,160 --> 00:24:21,320 Speaker 2: a country home equality to the thing, and I think 354 00:24:21,320 --> 00:24:23,679 Speaker 2: that was supposed to be the stick. If you're changing that, 355 00:24:23,680 --> 00:24:25,720 Speaker 2: that's a little awkward because it's kind of like a 356 00:24:25,840 --> 00:24:30,320 Speaker 2: changing brand, but you're more than welcome to it. Is 357 00:24:30,800 --> 00:24:33,280 Speaker 2: it is fine. Oh that was one of the other things. 358 00:24:33,440 --> 00:24:36,479 Speaker 2: Thank you, Mark right there talking about it. He's up 359 00:24:36,520 --> 00:24:39,160 Speaker 2: five and a half percent on cracker barrel stock. Don't 360 00:24:39,200 --> 00:24:41,160 Speaker 2: take stock advice from Mark. I don't know what Mark 361 00:24:41,160 --> 00:24:43,800 Speaker 2: knowser doesn't know. I'm just saying I don't give stock 362 00:24:43,840 --> 00:24:46,480 Speaker 2: advice on the show. I own no cracker barrel stock 363 00:24:46,520 --> 00:24:49,000 Speaker 2: that I know of. I have no financial relationship with 364 00:24:49,119 --> 00:24:51,879 Speaker 2: anybody who's part of Cracker brow. I like to be 365 00:24:51,920 --> 00:24:54,639 Speaker 2: clear about those things. Everybody was talking about how the 366 00:24:54,680 --> 00:24:59,520 Speaker 2: cracker barrel stock it tanked yesterday, it closed down like 367 00:24:59,560 --> 00:25:02,119 Speaker 2: three or four four bucks. What's wrong with everybody? It 368 00:25:02,240 --> 00:25:06,480 Speaker 2: didn't tank. Everyone just made it up so they could 369 00:25:06,520 --> 00:25:13,080 Speaker 2: be like, yeah, we're right, and they're terrible. I forgot 370 00:25:13,119 --> 00:25:16,640 Speaker 2: who wrote it. I will find it, Sarretz couldn't see 371 00:25:16,680 --> 00:25:18,480 Speaker 2: you back. If you could figure out who wrote it, 372 00:25:18,520 --> 00:25:23,160 Speaker 2: I'll give you a nickel. Someone was writing about woke, 373 00:25:24,200 --> 00:25:26,720 Speaker 2: and right now you hear a lot of people discussing woke, 374 00:25:26,760 --> 00:25:30,080 Speaker 2: which is this idea of political correctness. It's the idea 375 00:25:30,080 --> 00:25:32,720 Speaker 2: of you can't say this. It's the idea of you 376 00:25:32,840 --> 00:25:37,879 Speaker 2: gotta be you know, inclusive and trans this and gay that, 377 00:25:38,320 --> 00:25:44,320 Speaker 2: and name your subject, and that it's dead and it's over. 378 00:25:45,240 --> 00:25:47,920 Speaker 2: And South Park did the whole thing about Woke being dead, 379 00:25:47,960 --> 00:25:51,840 Speaker 2: and Cartman is lamenting it. I forget who it was 380 00:25:51,880 --> 00:25:55,680 Speaker 2: who who wrote it, and they said, you're all wrong. 381 00:25:57,359 --> 00:26:02,920 Speaker 2: Woke is not dead. All it's doing is sharpening its skills, 382 00:26:03,880 --> 00:26:09,040 Speaker 2: sharpening its edge, and it's going to come back even stronger. 383 00:26:11,600 --> 00:26:13,040 Speaker 2: I put forth to you that I think that that 384 00:26:13,160 --> 00:26:20,719 Speaker 2: is accurate. That to see people fighting back against the nonsense, 385 00:26:21,200 --> 00:26:24,439 Speaker 2: against the bigotry of this woke culture, of really this 386 00:26:24,600 --> 00:26:27,440 Speaker 2: hateful culture of trying to put an end to standards 387 00:26:27,440 --> 00:26:32,159 Speaker 2: and boundaries and basic concepts like men are men and 388 00:26:32,200 --> 00:26:35,600 Speaker 2: women are women. I'm thrilled to see that. I'm overjoyed 389 00:26:35,600 --> 00:26:40,919 Speaker 2: to see that that is valuable. But I say to 390 00:26:41,000 --> 00:26:48,320 Speaker 2: you with all clarity, the idea that the left is done, 391 00:26:48,520 --> 00:26:52,239 Speaker 2: the idea that the progressive stops, the idea that the 392 00:26:52,280 --> 00:26:54,760 Speaker 2: Marxist all of a sudden gives up the concept of 393 00:26:54,800 --> 00:27:01,720 Speaker 2: the permanent revolution, does that make sense to you. I'm 394 00:27:01,760 --> 00:27:04,040 Speaker 2: not trying to bring you down. I'm trying to let 395 00:27:04,080 --> 00:27:08,960 Speaker 2: you know that the minute I read it, I was like, yeah, 396 00:27:08,960 --> 00:27:17,760 Speaker 2: that's isn't that right? Isn't that right? Michael Walsh, the screenwriter, 397 00:27:18,280 --> 00:27:21,960 Speaker 2: the author, right, The Devil's Pleasure Palace, Fiery Angel, these 398 00:27:21,960 --> 00:27:26,760 Speaker 2: conversations about Western civilization, these must read books, talks about 399 00:27:26,800 --> 00:27:30,240 Speaker 2: how the Democrats they never sleep, they never rest, right, 400 00:27:30,520 --> 00:27:34,440 Speaker 2: they never stop, they never rest, they never sleep. And 401 00:27:35,320 --> 00:27:38,359 Speaker 2: because of that, and we know that to be true, 402 00:27:38,920 --> 00:27:42,760 Speaker 2: why would we now think that something that is so 403 00:27:45,280 --> 00:27:49,320 Speaker 2: part of them is gone? Now this is going to 404 00:27:49,359 --> 00:27:52,480 Speaker 2: relate to a very interesting story about how Democrats are 405 00:27:52,520 --> 00:27:55,760 Speaker 2: now they can't talk. I will get to that story. 406 00:27:55,800 --> 00:27:59,760 Speaker 2: It was over there at Politico fascinating, a little bit fascinating, 407 00:28:00,840 --> 00:28:04,320 Speaker 2: and it's true in the short term. This long term 408 00:28:04,359 --> 00:28:07,160 Speaker 2: thing is bigger. The President is set to make an announcement. 409 00:28:07,240 --> 00:28:09,360 Speaker 2: When he does, I will bring it to you. We'll 410 00:28:09,359 --> 00:28:12,000 Speaker 2: take the break right now, keep it here. This is 411 00:28:12,040 --> 00:28:18,479 Speaker 2: Tony Kats today, So the president not speaking yet. They 412 00:28:18,560 --> 00:28:22,720 Speaker 2: might have moved the time on this. It is still 413 00:28:22,800 --> 00:28:27,439 Speaker 2: scheduled to happen now being moved to well really right now. 414 00:28:28,320 --> 00:28:32,119 Speaker 2: If he hasn't started already, No he hasn't. That should 415 00:28:32,160 --> 00:28:33,879 Speaker 2: be coming up. What he's going to talk about. I 416 00:28:33,960 --> 00:28:38,520 Speaker 2: don't know. This was not on the schedule. It was 417 00:28:38,560 --> 00:28:41,280 Speaker 2: not on the schedule for him to speak. But one 418 00:28:41,280 --> 00:28:43,600 Speaker 2: of the things that we know happened was that the 419 00:28:43,680 --> 00:28:49,560 Speaker 2: Russians hit a US owned company in the very western 420 00:28:49,600 --> 00:28:53,040 Speaker 2: part of Ukraine, right next to the border of Slovakia 421 00:28:53,000 --> 00:28:58,680 Speaker 2: and not too far from Poland. What I'm telling you 422 00:28:58,800 --> 00:29:02,560 Speaker 2: is is that it is clear and obvious that everything 423 00:29:02,600 --> 00:29:04,560 Speaker 2: that took place in the meeting between President Trump and 424 00:29:04,640 --> 00:29:09,040 Speaker 2: Vladimir Putin is out the window. That Trump may still 425 00:29:09,080 --> 00:29:13,880 Speaker 2: believe that a deal can be made, he may want 426 00:29:13,920 --> 00:29:18,200 Speaker 2: to make a deal, but this is of Vladimir Putin 427 00:29:18,320 --> 00:29:24,920 Speaker 2: saying I'm not interested. It's very obvious and very clear. 428 00:29:28,520 --> 00:29:33,680 Speaker 2: So could this be a response to that? Trump engaging 429 00:29:33,880 --> 00:29:36,640 Speaker 2: in any level of military response would be a story, 430 00:29:37,640 --> 00:29:43,400 Speaker 2: and a very large one. I don't know if that's 431 00:29:43,560 --> 00:29:47,920 Speaker 2: what this is. How does that affect how one creates 432 00:29:47,960 --> 00:29:52,520 Speaker 2: a deal? How do you engage a piece? Does it mean, Okay, 433 00:29:53,160 --> 00:29:56,479 Speaker 2: We're now going to give a lot more support to Ukraine, 434 00:29:56,600 --> 00:30:02,080 Speaker 2: have a nice day. Remember believes and we said this 435 00:30:02,120 --> 00:30:05,560 Speaker 2: before the summit. He doesn't have to stop. He can 436 00:30:05,560 --> 00:30:09,200 Speaker 2: outlast Ukraine. And yes, the Russians can out last Ukraine, 437 00:30:09,800 --> 00:30:12,000 Speaker 2: and he could take the whole of Ukraine. He can't. 438 00:30:12,080 --> 00:30:15,280 Speaker 2: He can outlast these people. You would need a level 439 00:30:15,280 --> 00:30:18,320 Speaker 2: of a force to keep at bay. You would need 440 00:30:18,360 --> 00:30:22,480 Speaker 2: a peacekeeping force willing to fire at Russian skulls east 441 00:30:22,520 --> 00:30:26,200 Speaker 2: of Kiev. Are the Europeans in for this well, I 442 00:30:26,240 --> 00:30:34,400 Speaker 2: would argue that they are recognizing that the buffer is necessary. Now. 443 00:30:34,440 --> 00:30:36,640 Speaker 2: They still have some issues in terms of dependence of 444 00:30:36,800 --> 00:30:43,400 Speaker 2: from European nations on Russia for energy, etc. And then 445 00:30:43,480 --> 00:30:45,960 Speaker 2: you have Russia and the alliance with China, and of 446 00:30:46,000 --> 00:30:50,040 Speaker 2: course we discussed the issues regarding India yesterday. As China 447 00:30:50,120 --> 00:30:55,160 Speaker 2: moves aggressively in the Pacific, trying to further their hegemonic hold, 448 00:30:55,840 --> 00:31:00,400 Speaker 2: putting the Philippines at risk, putting Taiwan at risk, as 449 00:31:00,400 --> 00:31:04,160 Speaker 2: we already know, signaling as they did earlier this week 450 00:31:04,360 --> 00:31:07,720 Speaker 2: in the Wall Street Journal reporting it that they look 451 00:31:07,760 --> 00:31:11,720 Speaker 2: forward to reunifying with Taiwan. Taiwan does not look forward 452 00:31:11,760 --> 00:31:15,720 Speaker 2: to reunifying with China, because reunifying comes via the barrel 453 00:31:15,720 --> 00:31:19,720 Speaker 2: of a gun. So where does one keep one's time 454 00:31:19,960 --> 00:31:22,239 Speaker 2: is certainly a question? Do you keep it in this 455 00:31:22,320 --> 00:31:24,239 Speaker 2: eastern part of Europe? And to Russia. Do you keep 456 00:31:24,240 --> 00:31:26,840 Speaker 2: it in the Pacific keeping an eye on what China's doing? 457 00:31:27,200 --> 00:31:30,680 Speaker 2: If you take the listen to people like a deputy 458 00:31:31,000 --> 00:31:34,960 Speaker 2: a secretary. I believe at Deputy Secretary Albert Colby and others, 459 00:31:35,160 --> 00:31:37,920 Speaker 2: the only place to be looking is China. That's said, 460 00:31:37,960 --> 00:31:40,800 Speaker 2: everything else is nonsense. It doesn't even matter, it doesn't count. 461 00:31:41,680 --> 00:31:46,520 Speaker 2: I don't believe that nothing else counts. Certainly you could 462 00:31:46,600 --> 00:31:50,160 Speaker 2: rank things. I don't believe that it just doesn't count. 463 00:31:50,200 --> 00:31:53,400 Speaker 2: It just doesn't matter. I think that's I think that's 464 00:31:53,920 --> 00:32:01,560 Speaker 2: shortsighted in a very very real way. But when you 465 00:32:01,640 --> 00:32:03,720 Speaker 2: are Trump and you're trying to make this deal, and 466 00:32:03,800 --> 00:32:09,480 Speaker 2: it's very obvious that Putin isn't going to make a deal, 467 00:32:09,520 --> 00:32:13,160 Speaker 2: and Putin doesn't care if he makes a deal, and 468 00:32:13,200 --> 00:32:18,200 Speaker 2: he'll lie to your face. We argued here that no 469 00:32:18,400 --> 00:32:23,680 Speaker 2: rational person trusts Putin. You can't do it. Trump, I think, 470 00:32:23,720 --> 00:32:26,680 Speaker 2: believes that Putin wants a deal. But Putin wants a 471 00:32:26,720 --> 00:32:29,440 Speaker 2: deal on his terms, and he's going to keep going 472 00:32:29,520 --> 00:32:33,520 Speaker 2: until he gets it on his terms. This involves, of course, 473 00:32:33,560 --> 00:32:36,680 Speaker 2: the land, and as we stated, Europe is now come 474 00:32:36,720 --> 00:32:39,200 Speaker 2: around to the idea that they're going to tell Ukraine. 475 00:32:39,200 --> 00:32:41,640 Speaker 2: You're gonna have to give up something, and Ukraine might 476 00:32:41,680 --> 00:32:44,480 Speaker 2: be very well aware of this and accepting of this. 477 00:32:45,000 --> 00:32:48,360 Speaker 2: To get the peace keeping force to keep the Russians 478 00:32:48,360 --> 00:32:52,520 Speaker 2: at base, they can live their lives. It's the calculus. 479 00:32:52,600 --> 00:32:57,040 Speaker 2: Change is Wait, you went after a US facility, you 480 00:32:57,080 --> 00:33:00,440 Speaker 2: knew what it was. Okay, Well, now you get nothing. 481 00:33:02,200 --> 00:33:06,200 Speaker 2: We're gonna fortify this peacekeeping force. You're not getting any land. 482 00:33:06,240 --> 00:33:08,640 Speaker 2: We're gonna push it back to owning seventeen percent of 483 00:33:08,640 --> 00:33:12,640 Speaker 2: this land. And that's it. Because we should be clear, 484 00:33:13,080 --> 00:33:16,160 Speaker 2: the United States military could destroy the Russian military in 485 00:33:16,240 --> 00:33:21,560 Speaker 2: forty two seconds, destroy them. Now, I'm one of the 486 00:33:21,600 --> 00:33:23,840 Speaker 2: few people who believes that the US military can do 487 00:33:23,840 --> 00:33:28,000 Speaker 2: the exact same thing to China. I don't know why 488 00:33:28,080 --> 00:33:31,440 Speaker 2: I'm on an island here. Maybe not because maybe it's 489 00:33:31,480 --> 00:33:35,720 Speaker 2: just not an openly discussed subject. I absolutely believe that 490 00:33:35,760 --> 00:33:40,320 Speaker 2: the Chinese military is a paper tiger that when met 491 00:33:40,640 --> 00:33:44,360 Speaker 2: with a direct punch to the nose, they will collapse. 492 00:33:46,560 --> 00:33:50,400 Speaker 2: That everything is play, everything is pretend, nothing is real 493 00:33:51,280 --> 00:33:53,840 Speaker 2: because they've never had a bullet fired at them, and 494 00:33:54,080 --> 00:33:58,240 Speaker 2: they actually think, through dear leader, that somehow they are invincible, 495 00:33:58,400 --> 00:34:04,120 Speaker 2: that they are destiny, your only destiny until the gunfire 496 00:34:04,200 --> 00:34:11,239 Speaker 2: comes back at you. Then you're a target. There's a 497 00:34:11,239 --> 00:34:15,880 Speaker 2: difference between the two things. When your destiny, everybody gets 498 00:34:15,880 --> 00:34:19,480 Speaker 2: to survive into seeing the great tomorrow. When you're the target, 499 00:34:20,760 --> 00:34:24,520 Speaker 2: well let's see if you survive the day. I believe 500 00:34:24,520 --> 00:34:28,560 Speaker 2: that true about the Chinese military. But it could be 501 00:34:28,640 --> 00:34:31,920 Speaker 2: that this is what this address from the Oval is about. 502 00:34:33,040 --> 00:34:36,600 Speaker 2: Maybe not you have the raid on John Bolton's home, 503 00:34:37,040 --> 00:34:40,600 Speaker 2: the former National Security advisor, the former ambassador to the UN. 504 00:34:41,120 --> 00:34:44,799 Speaker 2: Could be about that, could be about something we have 505 00:34:44,880 --> 00:34:48,840 Speaker 2: not thought of. Could be good news, could be bad news. 506 00:34:49,000 --> 00:34:53,200 Speaker 2: Could be an updating of America, a whole host of subjects. 507 00:34:53,440 --> 00:34:56,680 Speaker 2: Maybe he's going to announce a trade deal. We'll have 508 00:34:56,760 --> 00:35:00,640 Speaker 2: it here. But on this story of Russia in Ukraine, 509 00:35:01,960 --> 00:35:06,759 Speaker 2: Putin cannot be trusted. Putin could never be trusted. And 510 00:35:06,960 --> 00:35:09,120 Speaker 2: if Putin is looking for a response, it doesn't mean 511 00:35:09,160 --> 00:35:13,840 Speaker 2: we should necessarily give it to him. Maybe that response 512 00:35:13,880 --> 00:35:16,880 Speaker 2: should come later when Russia is not ready for it. 513 00:35:18,520 --> 00:35:21,120 Speaker 2: We will see find everything at Tony kaks dot com 514 00:35:21,200 --> 00:35:23,520 Speaker 2: much more to get to keep it here. Tony Kats 515 00:35:23,560 --> 00:35:25,279 Speaker 2: Today