1 00:00:05,160 --> 00:00:09,120 Speaker 1: Line from Vaal Heartbland and the Crossroads of America. 2 00:00:10,560 --> 00:00:12,000 Speaker 2: It's Tony Katz today. 3 00:00:13,880 --> 00:00:16,720 Speaker 3: When this support is taken away, the constitution of a 4 00:00:16,760 --> 00:00:21,520 Speaker 3: pre society is dissolved, and tyranny is erected on its ruins. 5 00:00:22,280 --> 00:00:26,240 Speaker 3: An evil magistrate, entrusted with power to punish for words, 6 00:00:26,280 --> 00:00:29,840 Speaker 3: would be armed with a weapon the most destructive and terrible. 7 00:00:30,400 --> 00:00:33,800 Speaker 3: Under pretense of pruning off the exuberant branches, he would 8 00:00:33,800 --> 00:00:35,960 Speaker 3: be apt to destroy the tree. 9 00:00:36,560 --> 00:00:39,640 Speaker 4: It's a conversation about free speech happening right now. 10 00:00:41,280 --> 00:00:43,479 Speaker 2: That's Harriet Hegman speaking. 11 00:00:43,600 --> 00:00:47,640 Speaker 4: She is the congresswoman from Wyoming who took over for 12 00:00:48,080 --> 00:00:50,080 Speaker 4: Liz Cheney when Liz Chaney. 13 00:00:50,240 --> 00:00:56,240 Speaker 2: What's the word I'm looking for imploded became a Democrat? 14 00:00:57,520 --> 00:00:58,640 Speaker 2: Lost your damn mind. 15 00:00:59,360 --> 00:01:03,840 Speaker 4: Well, it's one of those. It's one of those. Tony Katz, 16 00:01:03,880 --> 00:01:05,920 Speaker 4: Tony Katz today, Good to. 17 00:01:05,880 --> 00:01:06,399 Speaker 2: Be with you. 18 00:01:06,440 --> 00:01:08,920 Speaker 4: Find everything going on over at Tony Katz dot com. 19 00:01:08,920 --> 00:01:11,120 Speaker 4: The phone number eight three three got Tony. That's how 20 00:01:11,120 --> 00:01:12,600 Speaker 4: you get to be a part of the show. Eight 21 00:01:12,640 --> 00:01:15,080 Speaker 4: three three four six eight eight six six 's nine 22 00:01:15,120 --> 00:01:18,360 Speaker 4: of course live streaming on the YouTube's Tony kats. 23 00:01:18,400 --> 00:01:20,720 Speaker 2: Just search for Tony Katz it's their Twitter ex to Tony. 24 00:01:20,560 --> 00:01:25,640 Speaker 4: Katz, happy to take the commentaries from there as well. 25 00:01:25,800 --> 00:01:29,320 Speaker 4: I I was watching part of this and listening to 26 00:01:29,360 --> 00:01:34,480 Speaker 4: a part of this, and it was Representative Dan Goldman, 27 00:01:34,560 --> 00:01:36,840 Speaker 4: the Democrat from New York, the guy who anytime he's 28 00:01:36,840 --> 00:01:40,240 Speaker 4: talking he looks like he's in a hostage video, talking 29 00:01:40,240 --> 00:01:44,880 Speaker 4: about how Republicans don't value free speech because the Trump 30 00:01:45,040 --> 00:01:49,280 Speaker 4: raids John Bolton's home, the former ambassador, former National security advisor, 31 00:01:49,360 --> 00:01:50,640 Speaker 4: John Bolton's home, and. 32 00:01:50,560 --> 00:01:53,440 Speaker 2: The left doesn't say the right doesn't say anything about it. 33 00:01:54,160 --> 00:01:56,520 Speaker 4: And this is all because John Bolton says negative things 34 00:01:56,520 --> 00:01:57,800 Speaker 4: about Donald Trump. 35 00:01:59,600 --> 00:02:02,120 Speaker 2: That's That's not what happened. 36 00:02:03,960 --> 00:02:08,680 Speaker 4: The John Bolton raid starts from the Biden Department of 37 00:02:08,880 --> 00:02:14,320 Speaker 4: Justice regarding classified documents and possibly their misuse in writing 38 00:02:14,360 --> 00:02:16,880 Speaker 4: a book being emailed to people about. 39 00:02:16,639 --> 00:02:18,000 Speaker 2: Hey, I'm gonna write about this, and hey, what do 40 00:02:18,040 --> 00:02:18,600 Speaker 2: you think about that? 41 00:02:18,720 --> 00:02:26,280 Speaker 4: The other That's what the raid was about. We know 42 00:02:26,480 --> 00:02:30,560 Speaker 4: that for a fact. And yet there is Congressman Dan Goldman, 43 00:02:30,800 --> 00:02:34,720 Speaker 4: a liar and a fraud of a human being, pushing 44 00:02:34,760 --> 00:02:38,720 Speaker 4: the lies and pushing the fraud. There are so many things, 45 00:02:40,880 --> 00:02:43,320 Speaker 4: so many things, so many ways, so many places. We 46 00:02:43,360 --> 00:02:46,839 Speaker 4: can engage an honest conversation about what's happening in disagreement 47 00:02:47,160 --> 00:02:50,320 Speaker 4: and places where the political left could say, look at 48 00:02:50,320 --> 00:02:56,639 Speaker 4: what the political right is doing and be accurate. Why lie? 49 00:02:56,880 --> 00:03:04,880 Speaker 4: Why lie? Well, sometimes you lie when that's all you've got. 50 00:03:06,720 --> 00:03:10,680 Speaker 4: And this conversation about how the Democratic Party is moving 51 00:03:10,680 --> 00:03:12,880 Speaker 4: and maneuvering because. 52 00:03:12,520 --> 00:03:14,160 Speaker 2: This is all they have. 53 00:03:16,520 --> 00:03:21,360 Speaker 4: All they can do is this engage the manipulation of this. 54 00:03:23,320 --> 00:03:26,160 Speaker 2: I mean that is unbelievable. 55 00:03:28,040 --> 00:03:35,200 Speaker 4: There are things that Democrats can talk about that absolutely 56 00:03:35,960 --> 00:03:41,720 Speaker 4: could get people to their side. This is one of 57 00:03:41,760 --> 00:03:44,600 Speaker 4: those things. 58 00:03:45,120 --> 00:03:45,560 Speaker 1: Right now. 59 00:03:46,040 --> 00:03:49,840 Speaker 5: There have been survivors and Jeffrey seeing at a press 60 00:03:49,880 --> 00:03:53,680 Speaker 5: conference Capital Hill or Holling for these case styles, his 61 00:03:53,800 --> 00:03:57,400 Speaker 5: dials to the real East and Thomas Nassey, who is father, 62 00:03:57,440 --> 00:04:00,680 Speaker 5: who is sensory discarded position should get the House Voice 63 00:04:00,760 --> 00:04:04,520 Speaker 5: of the Documents says, here'sn't me. You're implicated in these files, 64 00:04:04,600 --> 00:04:07,240 Speaker 5: but many of your friends and donors maybe, And he 65 00:04:07,320 --> 00:04:11,160 Speaker 5: says that's why justice promptness predapting them as slow walking. 66 00:04:11,520 --> 00:04:15,120 Speaker 2: The release parties the justice for protecting any friends or donors. 67 00:04:15,600 --> 00:04:19,479 Speaker 5: So this is a Democrat hoax that never ends. 68 00:04:20,080 --> 00:04:23,600 Speaker 2: You know. It reminds me a little of the Kennedy situation. 69 00:04:23,680 --> 00:04:26,160 Speaker 5: We gave him everything over and over again, more and 70 00:04:26,200 --> 00:04:30,640 Speaker 5: more and more, and nobody's ever satisfied. From what I understand, 71 00:04:30,760 --> 00:04:33,880 Speaker 5: I could check, but from what I understand, thousands of 72 00:04:33,880 --> 00:04:36,240 Speaker 5: pages of documents have been given. 73 00:04:36,600 --> 00:04:39,080 Speaker 2: But it's really a Democrat hoax because. 74 00:04:38,760 --> 00:04:41,840 Speaker 5: They're trying to get people to talk about something that's 75 00:04:41,960 --> 00:04:45,039 Speaker 5: totally irrelevant to the success that we've had as a 76 00:04:45,120 --> 00:04:46,600 Speaker 5: nation since I've been president. 77 00:04:47,920 --> 00:04:51,440 Speaker 4: Now, if the argument is the Democrats are trying to 78 00:04:51,560 --> 00:04:57,680 Speaker 4: change the story wholeheartedly, mister President, absolutely agree. The problem 79 00:04:57,680 --> 00:05:00,920 Speaker 4: with the statement of Democrat hoax is that it would 80 00:05:01,120 --> 00:05:04,640 Speaker 4: put it would put in in the totality the idea 81 00:05:04,760 --> 00:05:07,760 Speaker 4: that we don't want this information, or somehow we don't 82 00:05:07,760 --> 00:05:11,000 Speaker 4: deserve this information, somehow we shouldn't get this information. 83 00:05:11,920 --> 00:05:13,520 Speaker 2: Absolutely we should. 84 00:05:14,360 --> 00:05:19,880 Speaker 4: So Democrats pushing for the Epstein stuff is within a 85 00:05:21,279 --> 00:05:26,720 Speaker 4: smart purview, and we should be clear that this lane 86 00:05:26,960 --> 00:05:31,720 Speaker 4: was gifted to them. Oh I'm gonna get yelled at. 87 00:05:32,040 --> 00:05:36,200 Speaker 4: It was gifted to them by President Trump and Pambondy. 88 00:05:36,360 --> 00:05:36,880 Speaker 2: Oh I'm not. 89 00:05:37,360 --> 00:05:42,440 Speaker 4: Don't tell me. Pambondy is great. I am outrageously disappointed. 90 00:05:42,520 --> 00:05:45,240 Speaker 4: I had high hopes it was Matt Gates, and I 91 00:05:45,320 --> 00:05:47,400 Speaker 4: was like, why why Mack Gates? And I was like, 92 00:05:47,440 --> 00:05:49,919 Speaker 4: all right, Matt Gates is out, Pambondi is in. It 93 00:05:49,960 --> 00:05:53,360 Speaker 4: was like, oh, this is good for me. Regia Florida 94 00:05:53,560 --> 00:05:57,520 Speaker 4: has a great story, tough as can be, and has 95 00:05:57,600 --> 00:06:01,359 Speaker 4: been no question. And then she invites a bunch of 96 00:06:01,520 --> 00:06:04,359 Speaker 4: bunch of influencers. Oh do I hate that term? A 97 00:06:04,360 --> 00:06:06,320 Speaker 4: bunch of influencers over to the White House and they're 98 00:06:06,320 --> 00:06:08,280 Speaker 4: all waving around these white binders. We've got it, the 99 00:06:08,360 --> 00:06:10,920 Speaker 4: Epstein files. You didn't have anything. What was this? 100 00:06:12,360 --> 00:06:15,560 Speaker 2: Then President Trump decides to say, well, the whole thing 101 00:06:15,600 --> 00:06:17,080 Speaker 2: is ridiculous. Why does anybody care? 102 00:06:17,360 --> 00:06:19,479 Speaker 4: And there are people on the political right who want 103 00:06:19,480 --> 00:06:20,920 Speaker 4: to say, yeah, we shouldn't be caring about this. 104 00:06:21,000 --> 00:06:23,800 Speaker 2: Trump says, don't pay attention to this. I don't. 105 00:06:24,320 --> 00:06:26,960 Speaker 4: He doesn't tell me what I pay attention to. I 106 00:06:27,120 --> 00:06:29,760 Speaker 4: voted for the man three times. He works for me. 107 00:06:30,120 --> 00:06:32,280 Speaker 4: He doesn't tell me what I get to pay attention to. 108 00:06:32,760 --> 00:06:35,160 Speaker 4: Who was on the island with Jeffrey Epstein, who was 109 00:06:35,200 --> 00:06:38,640 Speaker 4: abusing children. I want the sons of guns thrown into jail. 110 00:06:39,960 --> 00:06:44,880 Speaker 4: That's what I want. I'm not gonna somehow say, oh, well, 111 00:06:45,000 --> 00:06:47,440 Speaker 4: Donald Trump doesn't want it. So I guess that's not 112 00:06:47,520 --> 00:06:51,479 Speaker 4: how any of this works. And I really you take 113 00:06:51,480 --> 00:06:53,440 Speaker 4: a look at those people on the political right did this, 114 00:06:53,560 --> 00:06:56,640 Speaker 4: and I don't know how I'm supposed to trust anything 115 00:06:56,680 --> 00:07:02,040 Speaker 4: you say when you engage clearly to curry favor and 116 00:07:02,160 --> 00:07:07,159 Speaker 4: not on the conviction. So Cada disagree the President was 117 00:07:07,200 --> 00:07:08,000 Speaker 4: wrong about this. 118 00:07:08,240 --> 00:07:16,400 Speaker 6: He's right about the border, he's right about crime, he's 119 00:07:16,520 --> 00:07:18,840 Speaker 6: right about the audacity of the criminal activity, and the 120 00:07:18,880 --> 00:07:20,920 Speaker 6: political left, he's right. 121 00:07:22,240 --> 00:07:23,360 Speaker 2: On this one. He was wrong. 122 00:07:24,680 --> 00:07:29,400 Speaker 4: Meanwhile, there were Epstein victims who were speaking out today. 123 00:07:31,040 --> 00:07:32,600 Speaker 2: Near the Capitol. 124 00:07:32,600 --> 00:07:36,840 Speaker 7: Transparency is justice, release the files and the secrecy and 125 00:07:36,960 --> 00:07:40,480 Speaker 7: stand with us and declaring that no one, no billionaires, 126 00:07:40,600 --> 00:07:44,880 Speaker 7: no politicians, not world leaders, is above the law. 127 00:07:51,280 --> 00:07:52,600 Speaker 2: And let me announce now. 128 00:07:53,440 --> 00:07:56,960 Speaker 7: Several of us Chetine survivors have been discussing creating. 129 00:07:56,600 --> 00:08:01,440 Speaker 8: Our own list of names. 130 00:07:58,040 --> 00:08:09,120 Speaker 4: Well, you can, man, those lawsuits are going to be fierce. 131 00:08:11,520 --> 00:08:15,000 Speaker 4: You name someone as an abuser and it wasn't them, 132 00:08:16,080 --> 00:08:20,360 Speaker 4: You're you'll spend the rest of your life working at 133 00:08:20,360 --> 00:08:24,400 Speaker 4: Walmart to pay them off. Now that's a whole unique 134 00:08:24,400 --> 00:08:29,800 Speaker 4: conversation and Edmarrissey off hot air dot Com breaks this 135 00:08:29,960 --> 00:08:35,040 Speaker 4: down pretty well. I'm somebody who wants the information, and 136 00:08:35,280 --> 00:08:39,400 Speaker 4: I think that President Trump made a I don't think 137 00:08:39,480 --> 00:08:42,040 Speaker 4: I know for fact he made a mistake when he 138 00:08:42,080 --> 00:08:44,840 Speaker 4: said hoax nonsense doesn't matter. 139 00:08:44,840 --> 00:08:46,120 Speaker 2: Why is anybody paying attention? 140 00:08:46,480 --> 00:08:50,439 Speaker 4: He gave the Democrats an opening, he did, and so 141 00:08:50,600 --> 00:08:56,240 Speaker 4: I favor the release of the materials. House Oversight released 142 00:08:56,240 --> 00:09:03,120 Speaker 4: over thirty thousand pages of documents. One of the things 143 00:09:03,120 --> 00:09:06,240 Speaker 4: they released was a bit of video. The bit of 144 00:09:06,320 --> 00:09:13,160 Speaker 4: video they released shows the missing minute, amongst other things, 145 00:09:13,200 --> 00:09:15,959 Speaker 4: of the Epstein videos of look, we've got the care, 146 00:09:16,000 --> 00:09:18,000 Speaker 4: We've got the camera from the door to a cell. 147 00:09:18,200 --> 00:09:23,600 Speaker 4: He clearly killed himself and nothing changed. Well the online sleuths, 148 00:09:24,559 --> 00:09:28,480 Speaker 4: to which there are online sleuths. Also, I should not, 149 00:09:28,559 --> 00:09:31,960 Speaker 4: as a radio host use the word sleuth. It's very difficult, 150 00:09:32,280 --> 00:09:32,920 Speaker 4: very difficult. 151 00:09:35,240 --> 00:09:35,959 Speaker 2: They noticed that. 152 00:09:35,960 --> 00:09:39,680 Speaker 4: Time was missing out of these videos. There's time missing, 153 00:09:40,480 --> 00:09:46,040 Speaker 4: and the ag the Department of Justice, Pambondy said, well, 154 00:09:46,120 --> 00:09:48,559 Speaker 4: that's because the tape has to reset itself, so it 155 00:09:48,559 --> 00:09:52,360 Speaker 4: always misses a minute. They found the minute. In the 156 00:09:52,360 --> 00:09:55,240 Speaker 4: thirty thousand plus pages of documents. 157 00:09:54,840 --> 00:09:57,440 Speaker 2: That were released. They found the minute. 158 00:09:57,840 --> 00:10:02,640 Speaker 4: So the Justice Department under Pam bond Which said, hey, influencers, 159 00:10:02,679 --> 00:10:05,000 Speaker 4: here's a whole bunch of information about Jeffrey Epstein. And 160 00:10:05,160 --> 00:10:08,360 Speaker 4: just for the sake of clarity, Jeffrey Epstein, the financier 161 00:10:08,840 --> 00:10:13,600 Speaker 4: billionaire really running a Ponzi scheme, was in a Harvard 162 00:10:13,640 --> 00:10:17,000 Speaker 4: guy and all these high falutin circles, and Trump knew 163 00:10:17,040 --> 00:10:18,480 Speaker 4: him back in the day, and this one and that 164 00:10:18,559 --> 00:10:19,520 Speaker 4: one and the other one. 165 00:10:19,960 --> 00:10:20,840 Speaker 2: He had an island. 166 00:10:21,200 --> 00:10:26,439 Speaker 4: He was taking private flights and utilizing this woman, Julane Maxwell, 167 00:10:26,760 --> 00:10:29,080 Speaker 4: to find young girls, had sexually. 168 00:10:28,800 --> 00:10:30,960 Speaker 2: Abused young girls and get these young girls. 169 00:10:30,640 --> 00:10:34,160 Speaker 4: To engage in sexual activity with other men who were 170 00:10:34,200 --> 00:10:37,400 Speaker 4: those men who were on the island engage in sexual 171 00:10:37,440 --> 00:10:41,840 Speaker 4: impropriety with these children. Those so called men have to 172 00:10:42,000 --> 00:10:46,920 Speaker 4: go to jail. This is my argument. That's Jeffrey Epstein. 173 00:10:48,800 --> 00:10:53,400 Speaker 4: So when Pam Bondy tells us here's information about Jeffrey Epstein, 174 00:10:53,960 --> 00:10:57,200 Speaker 4: and it's all the things we already knew, and then 175 00:10:57,520 --> 00:10:59,520 Speaker 4: we hear you're not allowed to have any more about Epstein. 176 00:10:59,559 --> 00:11:00,600 Speaker 2: Something about Epstein. 177 00:11:00,960 --> 00:11:04,600 Speaker 4: Then you release a video, and then we noticed that 178 00:11:04,679 --> 00:11:06,800 Speaker 4: time is missing from the video. Then you give an 179 00:11:06,800 --> 00:11:09,440 Speaker 4: excuse to why time is missing, and then in a 180 00:11:09,480 --> 00:11:10,640 Speaker 4: new release we. 181 00:11:10,559 --> 00:11:11,800 Speaker 2: Find the missing time. 182 00:11:14,559 --> 00:11:17,560 Speaker 4: Oh God, forget did I say I was gonna get 183 00:11:17,600 --> 00:11:22,680 Speaker 4: emails before? Now I'll get emails. Hey, Dan Bongino, it's 184 00:11:22,720 --> 00:11:27,239 Speaker 4: time to leave. It's time to tell us the story. 185 00:11:27,920 --> 00:11:30,720 Speaker 4: The deputy director of the FBI, whom I have had 186 00:11:30,840 --> 00:11:37,480 Speaker 4: I had contact with, he got into the fight with 187 00:11:37,679 --> 00:11:42,480 Speaker 4: Pam Bondi and he stated, according to the stories, this 188 00:11:42,600 --> 00:11:44,719 Speaker 4: is ridiculous, and we're not giving you this information. He 189 00:11:44,800 --> 00:11:48,719 Speaker 4: wanted to leave, and then he decided to stay, and 190 00:11:48,760 --> 00:11:51,920 Speaker 4: then they put somebody else in front. It was the 191 00:11:51,960 --> 00:11:55,240 Speaker 4: age of a Missouri whose name is eluding me. Right 192 00:11:55,280 --> 00:11:57,959 Speaker 4: now find me the Attorney General Missouri who is now 193 00:11:58,000 --> 00:12:02,640 Speaker 4: the deputy director of the FBI. The code deputy director 194 00:12:02,640 --> 00:12:05,000 Speaker 4: of the FBI with Dan Bongino, and I said at 195 00:12:05,000 --> 00:12:07,920 Speaker 4: the time, he'll be back in the radio chair in 196 00:12:07,960 --> 00:12:14,200 Speaker 4: six months. Dan, I'm sorry, Deputy director, use the title. 197 00:12:14,280 --> 00:12:17,600 Speaker 4: Be respectful, Tony, it's time to come home. 198 00:12:17,640 --> 00:12:17,880 Speaker 2: Boo. 199 00:12:19,280 --> 00:12:20,959 Speaker 4: Now, don't do it in my time slot. Go to 200 00:12:21,000 --> 00:12:27,360 Speaker 4: a different time slot. But still, we see this for 201 00:12:27,440 --> 00:12:33,680 Speaker 4: what it is. This is madness, and no part of 202 00:12:33,720 --> 00:12:38,880 Speaker 4: this had to happen. You could have had scheduled, constant 203 00:12:39,080 --> 00:12:44,040 Speaker 4: releases of information that you can release because it's possible, 204 00:12:44,240 --> 00:12:47,240 Speaker 4: whether it be grand jury stuff or other stuff from 205 00:12:47,280 --> 00:12:48,480 Speaker 4: a judge. Hey, you can't release that. 206 00:12:48,559 --> 00:12:49,560 Speaker 2: No, No, that's too private. 207 00:12:49,760 --> 00:12:52,280 Speaker 4: There's still playing that could have been released, and you 208 00:12:52,280 --> 00:12:56,160 Speaker 4: could have just handled this. You could have managed this 209 00:12:56,280 --> 00:13:00,800 Speaker 4: from the beginning, Pam Bondy, mister President, your team could 210 00:13:00,800 --> 00:13:06,559 Speaker 4: have managed this. They didn't. You gave the Democrats the opening. 211 00:13:06,640 --> 00:13:08,800 Speaker 4: I'm actually amazed they haven't taken. 212 00:13:08,600 --> 00:13:09,480 Speaker 2: More of the opening. 213 00:13:14,000 --> 00:13:19,560 Speaker 4: Want the information, not shying away from it, doubling down 214 00:13:19,600 --> 00:13:22,760 Speaker 4: on it. We want the information. 215 00:13:25,920 --> 00:13:26,280 Speaker 1: Now. 216 00:13:26,320 --> 00:13:30,680 Speaker 4: This from that event today on the steps of the 217 00:13:30,720 --> 00:13:34,480 Speaker 4: Capitol with survivors. Allow me to say, I am sharing 218 00:13:34,520 --> 00:13:39,320 Speaker 4: this from CBS News Earlier one was from Real America's Voice. 219 00:13:39,960 --> 00:13:44,800 Speaker 4: I'm sharing this. I cannot corroborate it. I am stating 220 00:13:44,960 --> 00:13:48,880 Speaker 4: for the record for the lawyers that I cannot corroborate this. 221 00:13:49,600 --> 00:13:52,079 Speaker 2: But this was the statement that was made. 222 00:13:52,200 --> 00:13:55,360 Speaker 8: Team and the people who enabled them, and a government 223 00:13:55,440 --> 00:13:59,000 Speaker 8: that for far too long refused to help. In two 224 00:13:59,040 --> 00:14:01,200 Speaker 8: thousand and two, I was living in California, a young 225 00:14:01,240 --> 00:14:03,640 Speaker 8: woman with high aspirations of becoming an actress. I was 226 00:14:03,679 --> 00:14:06,000 Speaker 8: already beginning to make a name for myself in the industry. 227 00:14:06,400 --> 00:14:08,720 Speaker 8: A person I trusted, someone I thought was a friend, 228 00:14:08,800 --> 00:14:11,360 Speaker 8: invited me to meet a powerful woman who could help 229 00:14:11,400 --> 00:14:14,360 Speaker 8: advance my career. That woman happened to be GILLN. 230 00:14:14,400 --> 00:14:14,920 Speaker 1: Maxwell. 231 00:14:15,800 --> 00:14:18,080 Speaker 8: I was asked to give her a massage, though I 232 00:14:18,120 --> 00:14:20,960 Speaker 8: had almost no experience, and when I did, she praised 233 00:14:20,960 --> 00:14:24,640 Speaker 8: me and promised introductions to someone enormously powerful, someone who 234 00:14:24,680 --> 00:14:25,720 Speaker 8: could change the course. 235 00:14:25,480 --> 00:14:26,000 Speaker 1: Of my life. 236 00:14:26,040 --> 00:14:29,320 Speaker 8: And that man was Jeffrey Epstein. At first, I was 237 00:14:29,360 --> 00:14:32,200 Speaker 8: an excited young woman on top of the world. Epstein 238 00:14:32,240 --> 00:14:34,800 Speaker 8: flew me to his private island. He listened to my dreams, 239 00:14:34,840 --> 00:14:37,840 Speaker 8: promised to help. But his promises came with a catch. 240 00:14:38,560 --> 00:14:41,400 Speaker 8: The abuse began. He told me to keep it secret. 241 00:14:41,840 --> 00:14:45,240 Speaker 8: He manipulated me with quid pro quo I did not 242 00:14:45,320 --> 00:14:47,040 Speaker 8: consent to, but I felt I had no one to 243 00:14:47,080 --> 00:14:50,840 Speaker 8: turn to. He was too powerful. I was just one 244 00:14:50,840 --> 00:14:52,760 Speaker 8: of the many young women trapped in his orbit. I 245 00:14:52,840 --> 00:14:55,000 Speaker 8: was even taken on a trip to Africa with former 246 00:14:55,040 --> 00:14:59,040 Speaker 8: President Bill Clinton and other notable figures. In those moments, 247 00:14:59,080 --> 00:15:02,080 Speaker 8: I realized how powerful I was. If I spoke out, 248 00:15:02,080 --> 00:15:06,880 Speaker 8: who would believe me, who would protect me? Epstein himself 249 00:15:07,080 --> 00:15:10,640 Speaker 8: was the most powerful leader of our country. Epstein surrounded himself. 250 00:15:10,640 --> 00:15:12,840 Speaker 8: I'm sorry with the most powerful leaders of our country 251 00:15:12,880 --> 00:15:13,200 Speaker 8: and the. 252 00:15:13,160 --> 00:15:17,560 Speaker 2: World now, I cannot corroborate that. 253 00:15:19,480 --> 00:15:22,800 Speaker 4: I have no idea. Bill Clinton goes about suing about 254 00:15:22,800 --> 00:15:26,800 Speaker 4: that when you start naming names, you got to really 255 00:15:26,800 --> 00:15:32,000 Speaker 4: have it right. But all of this could have all 256 00:15:32,040 --> 00:15:37,080 Speaker 4: been managed, all of it, and I would argue still 257 00:15:37,160 --> 00:15:43,040 Speaker 4: can stop calling it a hoax, release what you can 258 00:15:44,480 --> 00:15:48,840 Speaker 4: do it in a timely manner and eliminate their ability 259 00:15:49,640 --> 00:15:51,720 Speaker 4: to engage this. And oh, by the way, this idea 260 00:15:51,760 --> 00:15:53,560 Speaker 4: of oh, Trump's on the list, and Trump's friends on 261 00:15:53,600 --> 00:15:58,720 Speaker 4: the list, Democrats are on the list, a lot of 262 00:15:58,760 --> 00:16:01,960 Speaker 4: people from a lot of orbit on the list, or 263 00:16:02,120 --> 00:16:03,800 Speaker 4: we're in part of this war. But if there is 264 00:16:03,880 --> 00:16:09,480 Speaker 4: no actual list, none of this had to be. But 265 00:16:09,600 --> 00:16:15,280 Speaker 4: it's here and me, I want to know who is 266 00:16:15,320 --> 00:16:17,600 Speaker 4: abusing children, and I want to know when we throw 267 00:16:17,640 --> 00:16:18,120 Speaker 4: them in jail. 268 00:16:18,840 --> 00:16:22,080 Speaker 2: I'm Tony Kamts. I agree wholeheartedly. 269 00:16:22,880 --> 00:16:27,560 Speaker 4: With this tact that the Trump administration has taken regarding 270 00:16:27,640 --> 00:16:33,480 Speaker 4: Maduro the president. If you will of Venezuela, and you 271 00:16:33,640 --> 00:16:35,920 Speaker 4: have the USS Lake Erie, which is a guiy to 272 00:16:36,000 --> 00:16:39,560 Speaker 4: miss a cruiser crossing the Panama Canal into the Caribbean 273 00:16:39,600 --> 00:16:46,480 Speaker 4: Sea and right there saying, hey, Maduro is a drug runner. 274 00:16:46,720 --> 00:16:48,200 Speaker 2: He's going after our people. 275 00:16:48,680 --> 00:16:54,000 Speaker 4: We're going to treat him like one, the handpicked successor 276 00:16:54,040 --> 00:16:57,160 Speaker 4: of Hugo Chavez. We are going to treat him like one. 277 00:16:57,280 --> 00:17:01,320 Speaker 4: We are going to this guy out of the picture. 278 00:17:04,960 --> 00:17:09,680 Speaker 4: I have zero issue with this, Tony Katz, Tony Katz today, 279 00:17:09,720 --> 00:17:10,800 Speaker 4: it is the right. 280 00:17:11,359 --> 00:17:15,440 Speaker 2: Move in every way, the right move. 281 00:17:15,680 --> 00:17:18,840 Speaker 4: Also, it came out yesterday, it was late yesterday that 282 00:17:19,080 --> 00:17:24,320 Speaker 4: Uspace Command is moving to Alabama. So it was always Alabama, right, 283 00:17:24,400 --> 00:17:28,480 Speaker 4: that was the whole conversation. Then Biden won the election 284 00:17:30,800 --> 00:17:38,719 Speaker 4: and they decided it would be moved into Colorado. It 285 00:17:38,760 --> 00:17:41,000 Speaker 4: was a political decision, as many of these things are. 286 00:17:42,640 --> 00:17:48,440 Speaker 4: President Trump announcing that it's being moved out of Colorado 287 00:17:48,880 --> 00:17:52,360 Speaker 4: and being moved to Alabama, Huntsville forever to be known 288 00:17:52,400 --> 00:17:55,200 Speaker 4: from this point forward as Rocket City. 289 00:17:55,880 --> 00:17:58,639 Speaker 2: All right, you call it what you will. I'm fine 290 00:18:00,240 --> 00:18:00,600 Speaker 2: with that. 291 00:18:02,359 --> 00:18:13,200 Speaker 4: Thirty thousand jobs and billions in investment, that's. 292 00:18:15,520 --> 00:18:20,080 Speaker 2: That's what's going on. It's great for Alabama. 293 00:18:21,359 --> 00:18:23,480 Speaker 4: And you could argue, well, it's just political and he's 294 00:18:23,560 --> 00:18:28,880 Speaker 4: just rewarding a state they voted for him. Yeah, yeah, 295 00:18:28,880 --> 00:18:33,560 Speaker 4: one could argue that. Real Well, I guess that's the 296 00:18:33,560 --> 00:18:34,120 Speaker 4: way it goes. 297 00:18:34,160 --> 00:18:34,680 Speaker 2: Sometimes. 298 00:18:35,800 --> 00:18:38,440 Speaker 4: I do like the idea of more things moving out 299 00:18:38,440 --> 00:18:39,880 Speaker 4: of DC control. 300 00:18:40,280 --> 00:18:42,160 Speaker 2: Like what's going on? Was it was with the USDA 301 00:18:42,720 --> 00:18:46,199 Speaker 2: and they've gotten all these hubs around the country? Is 302 00:18:46,200 --> 00:18:46,960 Speaker 2: it the USDA? 303 00:18:47,160 --> 00:18:47,400 Speaker 1: Yeah? 304 00:18:47,760 --> 00:18:48,679 Speaker 2: I like this idea. 305 00:18:49,760 --> 00:18:52,320 Speaker 4: Why in the world do we house all these things 306 00:18:52,359 --> 00:18:57,240 Speaker 4: in DC away from where things are happening might not 307 00:18:57,280 --> 00:19:01,879 Speaker 4: be closer to the action. So putting things regarding the 308 00:19:01,960 --> 00:19:03,680 Speaker 4: USDA in the Midwest, I love. 309 00:19:04,560 --> 00:19:05,160 Speaker 2: I think it's a. 310 00:19:05,200 --> 00:19:10,199 Speaker 4: Smart move and a smart procedure of smart philosophy. I 311 00:19:10,240 --> 00:19:17,640 Speaker 4: have no problem with Space Command being moved to Huntsville. 312 00:19:18,160 --> 00:19:19,640 Speaker 4: I don't think I had a problem with it being 313 00:19:19,640 --> 00:19:22,200 Speaker 4: in Colorado. I have no problem with it being moved. 314 00:19:24,600 --> 00:19:29,920 Speaker 4: Elections have consequences, said Barack Obama. Well, yes, they certainly do, 315 00:19:30,960 --> 00:19:34,679 Speaker 4: said south Park. Find everything at tonycats dot com. So 316 00:19:34,760 --> 00:19:36,679 Speaker 4: much more has happened, and keep it here. This is 317 00:19:36,720 --> 00:19:44,760 Speaker 4: Tony Kats today. I am trying my best to make 318 00:19:44,800 --> 00:19:47,720 Speaker 4: sense of this economy and I can't do it. Listen, 319 00:19:47,800 --> 00:19:50,960 Speaker 4: I don't claim any level of economic expertise What I 320 00:19:51,000 --> 00:19:52,080 Speaker 4: do claim is that I look. 321 00:19:51,960 --> 00:19:52,960 Speaker 2: At this stuff every day. 322 00:19:53,400 --> 00:19:55,119 Speaker 4: And I could take a look at a GDP of 323 00:19:55,119 --> 00:19:57,480 Speaker 4: three point three percent, and I can look at retail 324 00:19:57,560 --> 00:20:01,320 Speaker 4: sales up point nine percent was it. I could take 325 00:20:01,359 --> 00:20:05,320 Speaker 4: a look at real wages up zero point seven percent 326 00:20:05,440 --> 00:20:10,800 Speaker 4: and annualized out basically five percent growth, and say, dear lord, 327 00:20:11,240 --> 00:20:14,840 Speaker 4: that's really really good. And if everything is so good, 328 00:20:15,280 --> 00:20:18,400 Speaker 4: why is everything so damn expensive? Because the inflation has 329 00:20:18,520 --> 00:20:22,560 Speaker 4: not gone anywhere? Tony Katz, Tony Katz today, good to 330 00:20:22,600 --> 00:20:24,880 Speaker 4: be with you. I can take a look at Salesforce 331 00:20:25,560 --> 00:20:28,199 Speaker 4: bragging about the fact that AI has allowed them to 332 00:20:28,240 --> 00:20:31,000 Speaker 4: shed four thousand employees, and no one's talking about the 333 00:20:31,000 --> 00:20:32,280 Speaker 4: fact that we're losing jobs. 334 00:20:32,880 --> 00:20:33,800 Speaker 2: And then I. 335 00:20:33,720 --> 00:20:36,959 Speaker 4: Could take a look at job opening data, which is 336 00:20:37,000 --> 00:20:38,240 Speaker 4: at an outrageous low. 337 00:20:38,400 --> 00:20:40,280 Speaker 2: Charles Pain joins me right now. 338 00:20:40,320 --> 00:20:43,480 Speaker 4: You know him from Fox Business making money with Charles 339 00:20:43,560 --> 00:20:47,240 Speaker 4: Pain every single Monday through Friday at Fox Business. You 340 00:20:47,280 --> 00:20:50,159 Speaker 4: should be getting that on your cable channel or subscribing 341 00:20:50,160 --> 00:20:52,639 Speaker 4: to it. He is also the man behind w Street 342 00:20:52,640 --> 00:20:58,280 Speaker 4: like Wall Street Letter, wwstreet dot com. I want to 343 00:20:58,280 --> 00:21:00,480 Speaker 4: discuss inflation. I want to discuss what going to see 344 00:21:00,480 --> 00:21:03,440 Speaker 4: with interest rates, but first things first, is this economy greater? 345 00:21:03,520 --> 00:21:06,720 Speaker 4: Is this economy terrible? Because I have no idea it's. 346 00:21:06,520 --> 00:21:08,800 Speaker 1: Somewhere in the middle, because you know what, it's so 347 00:21:09,080 --> 00:21:11,840 Speaker 1: likely you hear on TV and people say the consumer 348 00:21:12,119 --> 00:21:14,800 Speaker 1: there's no such thing, and there's no such thing as 349 00:21:14,840 --> 00:21:18,440 Speaker 1: the economy, and I think, listen, I don't. I haven't 350 00:21:18,680 --> 00:21:21,600 Speaker 1: gone through everything, you know, throughout the history of time, 351 00:21:21,640 --> 00:21:25,400 Speaker 1: but I certainly feel like my time working on Wall 352 00:21:25,400 --> 00:21:27,359 Speaker 1: Street and being involved in the stock market, this is 353 00:21:27,359 --> 00:21:31,879 Speaker 1: one of the most bifurcated situations we've ever seen, where 354 00:21:32,119 --> 00:21:35,080 Speaker 1: just the folks at the top have so much tony, 355 00:21:35,920 --> 00:21:39,640 Speaker 1: they're doing so well, they are carrying the aggregated numbers. 356 00:21:39,640 --> 00:21:42,920 Speaker 1: So like you know when you mentioned retail sales, retail 357 00:21:43,000 --> 00:21:45,520 Speaker 1: sales are up, but if you adjust for inflation or 358 00:21:45,760 --> 00:21:48,399 Speaker 1: you know, they're they're flat for the almost five years, 359 00:21:49,440 --> 00:21:51,520 Speaker 1: you know, way just the same sort of thing. You 360 00:21:51,600 --> 00:21:53,359 Speaker 1: go down the line and you had the CEO of 361 00:21:53,440 --> 00:21:57,240 Speaker 1: McDonald just are they saying lark swapped to the customers 362 00:21:57,240 --> 00:22:01,840 Speaker 1: skipping a meal? So you know, it's it's just so bifrecated. 363 00:22:01,880 --> 00:22:04,120 Speaker 1: Where you know, the stock markets at all time high, 364 00:22:04,200 --> 00:22:06,800 Speaker 1: bitcoins at all time high, goals at all time high, 365 00:22:07,200 --> 00:22:09,280 Speaker 1: houses are at all time highs. And if your own 366 00:22:09,280 --> 00:22:12,520 Speaker 1: assets are doing extraordinarily well, if you don't, you are struggling. 367 00:22:12,520 --> 00:22:15,560 Speaker 1: And both of those come through periodically in the data. 368 00:22:15,640 --> 00:22:17,080 Speaker 1: But that's the reality. 369 00:22:18,880 --> 00:22:22,679 Speaker 4: So the reality says that it's it's a mix. What 370 00:22:22,800 --> 00:22:24,919 Speaker 4: I hear from the Trump administration, of course, is that 371 00:22:24,960 --> 00:22:27,440 Speaker 4: everything is great, and everything is perfect, and everything is wonderful. 372 00:22:27,840 --> 00:22:31,640 Speaker 4: And yet I'm left with, I don't think everything is wonderful. 373 00:22:31,680 --> 00:22:34,720 Speaker 4: So let's start with at least a couple of these numbers. 374 00:22:35,200 --> 00:22:38,159 Speaker 4: The real wages being up as you see it, is 375 00:22:38,520 --> 00:22:42,760 Speaker 4: that accurate? And where does that come from? 376 00:22:42,880 --> 00:22:46,040 Speaker 1: I think what we're seeing is blue collar wages are 377 00:22:46,080 --> 00:22:49,199 Speaker 1: improved or have improved. And you know, it's sort of 378 00:22:49,200 --> 00:22:52,679 Speaker 1: byronic for everyone who's spent the last ten twelve years 379 00:22:52,880 --> 00:22:56,119 Speaker 1: telling your daughters to learn how to code, and that 380 00:22:56,920 --> 00:22:59,720 Speaker 1: it's sort of coming. You know that those folks aren't 381 00:22:59,720 --> 00:23:02,959 Speaker 1: getting jobs, whereas blue collar workers are are getting raises. 382 00:23:03,080 --> 00:23:07,879 Speaker 1: But and again you know, it's it's and none of 383 00:23:07,880 --> 00:23:10,159 Speaker 1: that stuff you've got to be really careful with on 384 00:23:10,200 --> 00:23:12,520 Speaker 1: a month to month basis. This year we've come out 385 00:23:12,560 --> 00:23:15,160 Speaker 1: to get pretty good blue collar wages are doing well, 386 00:23:15,200 --> 00:23:17,200 Speaker 1: but you already mentioned how many people are being laid 387 00:23:17,200 --> 00:23:20,119 Speaker 1: off at salesforce dot com. Lots of people have been 388 00:23:20,200 --> 00:23:23,040 Speaker 1: laid off in the high paying tech area, and that's 389 00:23:23,080 --> 00:23:26,439 Speaker 1: not necessarily reflected. They're really the jobs and wages. There 390 00:23:26,440 --> 00:23:30,960 Speaker 1: are two things right the front. The one end where 391 00:23:31,000 --> 00:23:34,879 Speaker 1: you have layoffs today, I mean tomorrow will be initial 392 00:23:34,920 --> 00:23:36,800 Speaker 1: job was claims, and everyone kind of looks at that. 393 00:23:36,840 --> 00:23:38,720 Speaker 1: But I think the real pain and agony is on 394 00:23:38,760 --> 00:23:41,600 Speaker 1: the other side of it, the attrition side, when people 395 00:23:41,760 --> 00:23:43,560 Speaker 1: have been laid off and they can't find a job 396 00:23:43,640 --> 00:23:47,680 Speaker 1: that continuing claims almost two million. You know, the job 397 00:23:47,720 --> 00:23:51,000 Speaker 1: support this morning, the JILT support the lowest jobs opening 398 00:23:51,119 --> 00:23:55,000 Speaker 1: numbers since December of twenty twenty, So you know, it's 399 00:23:55,040 --> 00:23:59,440 Speaker 1: again it's a bifurcated situation where some people are doing well. 400 00:23:59,560 --> 00:24:02,960 Speaker 1: And I had a plumber, two plumbers come over on 401 00:24:03,080 --> 00:24:05,520 Speaker 1: Monday and they were there for less than an hour 402 00:24:05,520 --> 00:24:08,239 Speaker 1: when it was six hundred and fifty bucks. So you know, 403 00:24:08,320 --> 00:24:11,080 Speaker 1: some people are doing well, but the masses are really 404 00:24:11,160 --> 00:24:16,080 Speaker 1: really struggling. And it's and you know, when you mentioned wages, 405 00:24:16,080 --> 00:24:17,880 Speaker 1: I also want to bring up the FED because one 406 00:24:17,880 --> 00:24:20,879 Speaker 1: of the things that's always bugged me, and I posted 407 00:24:20,920 --> 00:24:23,800 Speaker 1: it on X the other day. On Labor Day is 408 00:24:24,760 --> 00:24:31,120 Speaker 1: when we look at the share of GDP, wages have tumbled, 409 00:24:31,160 --> 00:24:35,560 Speaker 1: have crashed since really since two thousand and nine, dramatically, 410 00:24:37,000 --> 00:24:39,960 Speaker 1: and so the average person out there is not keeping 411 00:24:40,040 --> 00:24:43,200 Speaker 1: up with the overall prosperity of the country. And so 412 00:24:43,359 --> 00:24:46,600 Speaker 1: when I see people finally getting a raised and the 413 00:24:46,640 --> 00:24:49,720 Speaker 1: Fed wants to tamp down on that, it drives me nuts. 414 00:24:50,280 --> 00:24:52,439 Speaker 1: You know, Americans should get a raised and should be 415 00:24:52,440 --> 00:24:54,439 Speaker 1: getting raises for a long time, just to sort of 416 00:24:54,480 --> 00:24:57,840 Speaker 1: catch up with the natural curve of prosperity that the 417 00:24:57,880 --> 00:25:01,000 Speaker 1: overall nation is enjoying. But it's things like AI and 418 00:25:01,080 --> 00:25:02,159 Speaker 1: data centers. 419 00:25:03,480 --> 00:25:06,760 Speaker 4: Talking to Charles pain a Fox Business catch them every 420 00:25:06,760 --> 00:25:10,760 Speaker 4: Monday through Friday over there on Fox businesses show Making Money, 421 00:25:10,800 --> 00:25:14,800 Speaker 4: and the website w street dot com. Checking out your 422 00:25:15,080 --> 00:25:18,480 Speaker 4: Twitter feed, x feed, CV pain p A y n E. 423 00:25:19,000 --> 00:25:21,720 Speaker 4: Time to rebuild the labor force and allow wages to grow. 424 00:25:22,280 --> 00:25:23,679 Speaker 4: You have been one of the peoples you bring up 425 00:25:23,720 --> 00:25:27,639 Speaker 4: the Fed discussing how interest rates should come down, that 426 00:25:27,760 --> 00:25:30,639 Speaker 4: this has been nutty, this has been unnecessary, and what 427 00:25:30,720 --> 00:25:33,639 Speaker 4: is Jerome Powell doing do you still feel that way. 428 00:25:34,160 --> 00:25:37,760 Speaker 1: I do. I do because I think that we people 429 00:25:37,800 --> 00:25:40,200 Speaker 1: are looking at the FED through the same lens, and 430 00:25:40,320 --> 00:25:43,440 Speaker 1: it's the lens at Wall Street sold to America, and 431 00:25:43,480 --> 00:25:46,520 Speaker 1: that's like, you know, well, the stock market's up, you know, 432 00:25:46,640 --> 00:25:52,200 Speaker 1: prosperity is nice. The FED shouldn't intervene. But again, there's 433 00:25:52,240 --> 00:25:54,560 Speaker 1: a certain group of people who've made money. Think about 434 00:25:54,600 --> 00:25:57,960 Speaker 1: where money market phones were about five years ago. You know, 435 00:25:58,000 --> 00:26:00,359 Speaker 1: there was a time where I never even heard the 436 00:26:00,720 --> 00:26:02,840 Speaker 1: term faded, like you know, I'm going to open a 437 00:26:02,840 --> 00:26:04,920 Speaker 1: CD or a money market, right, I just no one 438 00:26:04,960 --> 00:26:08,280 Speaker 1: talked about it. And then you had this abrupt, strong 439 00:26:08,400 --> 00:26:10,920 Speaker 1: hiking of rates. All of a sudden, you can get 440 00:26:10,960 --> 00:26:14,800 Speaker 1: four and a half five percent in the money market, 441 00:26:15,119 --> 00:26:17,400 Speaker 1: and so it went from zero to seven trillion dollars. 442 00:26:17,840 --> 00:26:19,640 Speaker 1: So yeah, you know, people who could afford to put 443 00:26:19,680 --> 00:26:22,920 Speaker 1: money in, those that doing extraordinarily well, they're there billions, 444 00:26:22,920 --> 00:26:25,080 Speaker 1: one hundreds of billions. Think about warm buffets sitting on 445 00:26:25,119 --> 00:26:27,520 Speaker 1: a record amount of four undred billion dollars in cash. 446 00:26:27,800 --> 00:26:31,080 Speaker 1: But then think about the folks who's you know, credit 447 00:26:31,080 --> 00:26:33,760 Speaker 1: card bill was sixteen percent and now it's twenty two percent. 448 00:26:34,520 --> 00:26:36,240 Speaker 1: And the same thing for an auto loan and forget 449 00:26:36,280 --> 00:26:38,439 Speaker 1: about how many people have been shut out a housing market. 450 00:26:38,560 --> 00:26:41,520 Speaker 1: So you know, tomorrow I think they begin a confirmation 451 00:26:41,640 --> 00:26:44,439 Speaker 1: process for Steve Myron and I really hope that he 452 00:26:44,480 --> 00:26:46,199 Speaker 1: can get in there and some other folks, and they 453 00:26:46,240 --> 00:26:49,600 Speaker 1: really retool the FED so that it's not just you know, 454 00:26:49,640 --> 00:26:52,679 Speaker 1: it's just not a tool of keeping it wealthy wealthy, 455 00:26:52,760 --> 00:26:54,440 Speaker 1: and I just I hate to say it, but that's 456 00:26:54,480 --> 00:26:59,480 Speaker 1: all it is. And you know, if you tell Pole, hey, 457 00:27:00,119 --> 00:27:02,280 Speaker 1: you know, or Bostic who spoke today, you know that 458 00:27:02,359 --> 00:27:05,120 Speaker 1: the CEO McDonald's is saying a LARTs want of Americans 459 00:27:05,119 --> 00:27:07,520 Speaker 1: are skipping meals. They're going to look at the aggregate 460 00:27:07,560 --> 00:27:08,720 Speaker 1: data and say we don't see it. 461 00:27:08,760 --> 00:27:12,080 Speaker 4: While McDonald's now adds the extra value meal because they're 462 00:27:12,080 --> 00:27:14,840 Speaker 4: trying to get even more people through the door. 463 00:27:14,920 --> 00:27:16,720 Speaker 2: Talking to Charles pain a Fox. 464 00:27:16,440 --> 00:27:19,720 Speaker 4: Business CV pain p A y n E on the Twitter, 465 00:27:19,720 --> 00:27:22,600 Speaker 4: actually should follow him there. This is not the first 466 00:27:22,600 --> 00:27:25,000 Speaker 4: time I've heard you discuss and we've had plenty of conversations, 467 00:27:25,040 --> 00:27:28,040 Speaker 4: and I always appreciate it and appreciate you taking the time. 468 00:27:29,520 --> 00:27:31,240 Speaker 2: This is not the first time. 469 00:27:31,200 --> 00:27:34,480 Speaker 4: You've really gotten into and it seems to very much 470 00:27:34,520 --> 00:27:40,639 Speaker 4: bother you in a visceral way. What I would describe 471 00:27:40,720 --> 00:27:43,199 Speaker 4: is if I was hearing it from a progressive, this 472 00:27:43,359 --> 00:27:47,359 Speaker 4: idea of classist that the rich are and here's how 473 00:27:47,400 --> 00:27:50,880 Speaker 4: it affecting the rest of us. It's odd to hear 474 00:27:50,920 --> 00:27:55,480 Speaker 4: you playing almost in a proletariat bourgeoisie conversation. I'd like 475 00:27:55,520 --> 00:27:57,639 Speaker 4: for you to get a little more detailed. What is 476 00:27:57,640 --> 00:27:59,720 Speaker 4: it that you're seeing as the issue. 477 00:28:00,440 --> 00:28:05,000 Speaker 1: It's not the blame game per se. You know, I'm 478 00:28:05,040 --> 00:28:08,560 Speaker 1: just saying that we have to retool the way that 479 00:28:08,760 --> 00:28:13,800 Speaker 1: that right now. Sadly, we all live for the stock market, 480 00:28:14,600 --> 00:28:16,880 Speaker 1: and most people don't realize that, but that's what they're 481 00:28:16,920 --> 00:28:20,199 Speaker 1: doing when they walk outside. They have been retoold to 482 00:28:20,240 --> 00:28:22,919 Speaker 1: live for the stock market. And listen, I'm a champion 483 00:28:23,000 --> 00:28:25,400 Speaker 1: of the summer stock market. I want people to invest 484 00:28:25,520 --> 00:28:28,439 Speaker 1: and I've urged people to invest, and I started when 485 00:28:28,440 --> 00:28:32,600 Speaker 1: I was seventeen. But the scales have tipped too far 486 00:28:33,080 --> 00:28:35,840 Speaker 1: and it's going to end up where not just New 487 00:28:35,920 --> 00:28:40,160 Speaker 1: York City election socialists, but you know, the moin may 488 00:28:40,240 --> 00:28:43,320 Speaker 1: elect the socialists at some point. So you know, I'm 489 00:28:43,320 --> 00:28:45,440 Speaker 1: just saying that the people who pull the power, who 490 00:28:45,480 --> 00:28:49,400 Speaker 1: have the levers need to understand that when when when 491 00:28:49,520 --> 00:28:55,680 Speaker 1: gains from wages collapse, but asset holders are living their 492 00:28:55,680 --> 00:28:59,800 Speaker 1: best life. People watch now. The thing is, the top 493 00:28:59,840 --> 00:29:02,920 Speaker 1: ten percent only get one vote, and so while the 494 00:29:02,960 --> 00:29:05,400 Speaker 1: top ten percent maybe doing fifty per cent of the purchases, 495 00:29:05,440 --> 00:29:06,920 Speaker 1: and that's fine with Wall Street as long as the 496 00:29:06,920 --> 00:29:09,760 Speaker 1: bottom line looks juicy. They don't care how it got there. 497 00:29:10,680 --> 00:29:13,000 Speaker 1: Those other ninety percent will have a vote in essay, 498 00:29:13,040 --> 00:29:15,160 Speaker 1: and at some point they may give up on the system. 499 00:29:15,920 --> 00:29:18,320 Speaker 1: And you know, one of the most brilliant politicians in 500 00:29:18,400 --> 00:29:22,000 Speaker 1: history was Auto von Bismarck. And one of the things 501 00:29:22,000 --> 00:29:24,640 Speaker 1: he did when he saw on the spread of socialism 502 00:29:24,640 --> 00:29:26,920 Speaker 1: in Europe, he said, listen, I'm not going to fight it. 503 00:29:26,960 --> 00:29:29,640 Speaker 1: I'm going to use judo. I'm going to persuade, you know, 504 00:29:29,720 --> 00:29:33,240 Speaker 1: the emperor to implement social security, you know, as a 505 00:29:33,440 --> 00:29:36,760 Speaker 1: as a socialist kind of thing, an offering. And of 506 00:29:36,760 --> 00:29:39,440 Speaker 1: course it was brilliant because at the time, you know, 507 00:29:39,800 --> 00:29:42,200 Speaker 1: again sixty five years old. Back then, the average person 508 00:29:42,240 --> 00:29:44,680 Speaker 1: was living like forty five to fifty so it was 509 00:29:44,720 --> 00:29:47,000 Speaker 1: sort of it was a promise. It was an empty promise, 510 00:29:47,280 --> 00:29:50,200 Speaker 1: but it was something to sort of feed the masses 511 00:29:50,760 --> 00:29:55,000 Speaker 1: so that they wouldn't completely absorb or embrace socialism. And 512 00:29:55,080 --> 00:29:57,800 Speaker 1: so what I'm saying is that you have a system 513 00:29:57,840 --> 00:30:01,840 Speaker 1: where I read an article today Oracle is gonna lay 514 00:30:01,840 --> 00:30:04,959 Speaker 1: off a bunch of people that's good and fine and dandy. Uh, 515 00:30:05,760 --> 00:30:07,760 Speaker 1: you know, it's it's they've had a hell of a year. 516 00:30:08,280 --> 00:30:11,200 Speaker 1: This talk is up huge. Larry Ellison's not a second 517 00:30:11,280 --> 00:30:13,800 Speaker 1: richest person in the world, and I'm really happy for him. 518 00:30:13,840 --> 00:30:15,960 Speaker 1: One of his things was, you know, he always wanted 519 00:30:16,000 --> 00:30:19,520 Speaker 1: to take down Bill Gates. You know, it's just that 520 00:30:19,600 --> 00:30:23,000 Speaker 1: we're not careful as a nation. Uh, you know, it's 521 00:30:23,000 --> 00:30:25,040 Speaker 1: it's it's it's gonna tilt over in the wrong way. 522 00:30:25,120 --> 00:30:29,240 Speaker 1: So I I love I'm a big believer in hard work. 523 00:30:29,440 --> 00:30:32,000 Speaker 1: I urge people to work hard. I'm a I'm a 524 00:30:32,040 --> 00:30:34,800 Speaker 1: big believer that, you know, don't give people think so 525 00:30:34,920 --> 00:30:37,959 Speaker 1: they can earn it themselves. And by the same token, 526 00:30:38,640 --> 00:30:40,120 Speaker 1: make sure that there's something they can earn. 527 00:30:42,000 --> 00:30:46,720 Speaker 4: Talking to Charles Pain of Fox Business dot Com before 528 00:30:47,000 --> 00:30:49,800 Speaker 4: I let you go, as we we engage these conversations 529 00:30:49,840 --> 00:30:53,520 Speaker 4: about the economy and and maybe it's it is a 530 00:30:53,520 --> 00:30:57,560 Speaker 4: little bit as a concept in the ether. We continue 531 00:30:57,600 --> 00:31:00,840 Speaker 4: to see something in reality which is terriff's and I 532 00:31:00,880 --> 00:31:03,560 Speaker 4: have never been a big tariff guy. If I'm going 533 00:31:03,600 --> 00:31:06,040 Speaker 4: to see deals, I want to actually see the effect 534 00:31:06,120 --> 00:31:08,680 Speaker 4: of the deal, not just the announcement of the deal. 535 00:31:08,720 --> 00:31:11,000 Speaker 4: If a market's going to open up to US in 536 00:31:11,040 --> 00:31:13,400 Speaker 4: agriculture and they're going to buy five billion dollars, let's 537 00:31:13,400 --> 00:31:17,760 Speaker 4: say the UK is of agriculture or meat products, livestock products, 538 00:31:17,760 --> 00:31:19,520 Speaker 4: I want to see the actual buying, not just the 539 00:31:19,520 --> 00:31:24,800 Speaker 4: conversation of it happening. But the White House talks clearly 540 00:31:25,360 --> 00:31:28,520 Speaker 4: about how this is working. And President Trump the other's 541 00:31:28,600 --> 00:31:32,760 Speaker 4: day said without tariffs, the country would fall apart. That 542 00:31:32,920 --> 00:31:35,440 Speaker 4: seems to be a bit of hyperbole that we would 543 00:31:35,480 --> 00:31:37,200 Speaker 4: fall apart without tariffs. 544 00:31:37,600 --> 00:31:39,560 Speaker 2: Do you feel that the US is winning. 545 00:31:39,360 --> 00:31:43,560 Speaker 4: Any level of trade war or maybe evening the playing field. 546 00:31:44,680 --> 00:31:47,360 Speaker 1: I feel like we're We've won about eighty five percent 547 00:31:47,400 --> 00:31:50,600 Speaker 1: of it, with just a couple more to win. You know. 548 00:31:51,640 --> 00:31:53,320 Speaker 1: I thought it was interesting. I had ed Yard Denny 549 00:31:53,320 --> 00:31:56,320 Speaker 1: as one of the most respected guys in the street yesterday, 550 00:31:56,320 --> 00:31:59,480 Speaker 1: and he pointed to yesterday's market turmoil as a street 551 00:31:59,480 --> 00:32:02,400 Speaker 1: being word that the tariffs will go away. You know, 552 00:32:02,480 --> 00:32:05,320 Speaker 1: because Wall Street and it's infinite wisdom always at some 553 00:32:05,400 --> 00:32:08,840 Speaker 1: point figures it out, digest it, and then actually starts 554 00:32:08,840 --> 00:32:11,280 Speaker 1: to model around it. Right, And you know, I think 555 00:32:11,320 --> 00:32:13,720 Speaker 1: we just brought it thirty one billion dollars in August, 556 00:32:14,480 --> 00:32:16,320 Speaker 1: So if you had like three hundred billion a year, 557 00:32:16,880 --> 00:32:20,600 Speaker 1: three trillion dollars in a decade, you know, that's that's 558 00:32:20,400 --> 00:32:24,680 Speaker 1: that's pretty good, pretty good money right there. So no, 559 00:32:24,760 --> 00:32:27,960 Speaker 1: we wouldn't fall apart. Per se. I'm with you in 560 00:32:27,960 --> 00:32:32,160 Speaker 1: the sense that you know it serves many purposes, and 561 00:32:32,280 --> 00:32:34,680 Speaker 1: you know, one could be revenue for the economy, for 562 00:32:34,760 --> 00:32:36,880 Speaker 1: the government. But I'd like the other idea of of 563 00:32:36,920 --> 00:32:40,160 Speaker 1: bringing jobs back, bringing manufacturing back. But I think you 564 00:32:40,240 --> 00:32:42,320 Speaker 1: can't think. We've got to give it time to work. 565 00:32:43,400 --> 00:32:45,240 Speaker 1: I really think this is one of these policies. If 566 00:32:45,240 --> 00:32:47,680 Speaker 1: it goes through, and it's allowed to go through, we 567 00:32:47,760 --> 00:32:50,040 Speaker 1: need to judge it in like two years from now. 568 00:32:50,600 --> 00:32:52,640 Speaker 1: You know, the myopic need to say, oh, well, there 569 00:32:52,640 --> 00:32:54,680 Speaker 1: wasn't a factory when I woke up this morning. It's 570 00:32:54,720 --> 00:32:57,560 Speaker 1: you know, or you know, they didn't buy the UK 571 00:32:57,640 --> 00:33:00,360 Speaker 1: didn't buy any cattle last night. It's got to work. 572 00:33:00,440 --> 00:33:02,320 Speaker 1: The paperwork's got to be done. All this stuff has 573 00:33:02,320 --> 00:33:04,080 Speaker 1: got to be done, all the all the dots and 574 00:33:04,280 --> 00:33:07,280 Speaker 1: x's and o's and all that other stuff behind the scenes. 575 00:33:07,480 --> 00:33:10,600 Speaker 1: But I say, give it a chance to work. Allowed 576 00:33:10,680 --> 00:33:13,280 Speaker 1: to work, because we have seen the opposite effect. We 577 00:33:13,320 --> 00:33:15,720 Speaker 1: have seen a hollowing out of our nation. We've seen 578 00:33:15,760 --> 00:33:19,680 Speaker 1: the hollowing out of our industrial base. And it's so 579 00:33:20,040 --> 00:33:21,920 Speaker 1: amazing to me. Every day I wake up and there's 580 00:33:22,200 --> 00:33:24,960 Speaker 1: these amazing stories about how great China is, whether it's 581 00:33:24,960 --> 00:33:27,880 Speaker 1: the Wall Street Journal or anybody else. And yet this 582 00:33:28,040 --> 00:33:32,160 Speaker 1: was their model, right, They gargantua and tariffs. You know, 583 00:33:32,200 --> 00:33:34,720 Speaker 1: no one could buy do anything in their business. They 584 00:33:34,760 --> 00:33:37,520 Speaker 1: took every industry from US gladly and Europe by the way, 585 00:33:38,120 --> 00:33:41,560 Speaker 1: and you know, and and and now they have the momentum, 586 00:33:41,560 --> 00:33:44,920 Speaker 1: the win in their sales, and so trying to reverse 587 00:33:44,920 --> 00:33:48,320 Speaker 1: that is a noble gesture for me. It's a necessary gesture. 588 00:33:48,360 --> 00:33:53,760 Speaker 4: Also necessary. I'm down with Charles payin Fox Business. Go 589 00:33:53,800 --> 00:33:56,960 Speaker 4: to W Street dot com and get all the information. 590 00:33:57,120 --> 00:34:00,400 Speaker 4: Be a part of what he's building over there. I's paying. 591 00:34:00,400 --> 00:34:02,240 Speaker 2: Appreciate you taking the time more to get im. 592 00:34:02,120 --> 00:34:04,720 Speaker 1: Man every time. Love the conversation every time. 593 00:34:04,760 --> 00:34:05,360 Speaker 2: Man, Thank you. 594 00:34:05,560 --> 00:34:08,879 Speaker 4: I'm Tony Karras on the subject of that extra value meal. 595 00:34:10,000 --> 00:34:15,320 Speaker 4: They are bringing it. McDonald's is bringing the extra value meal. 596 00:34:16,040 --> 00:34:19,520 Speaker 4: They're gonna do a bundle and give people fifteen percent 597 00:34:19,640 --> 00:34:22,759 Speaker 4: off when you get the value meal. And this is 598 00:34:22,760 --> 00:34:26,360 Speaker 4: how I know that everything isn't great. I think Charles's 599 00:34:26,440 --> 00:34:29,600 Speaker 4: argument is very, very interesting, and it isn't That's why 600 00:34:29,640 --> 00:34:32,200 Speaker 4: I asked him about it in specific, because it's not 601 00:34:32,200 --> 00:34:33,919 Speaker 4: the first time I've heard him talk about the people 602 00:34:33,920 --> 00:34:35,080 Speaker 4: who have and the people who don't. 603 00:34:35,440 --> 00:34:38,960 Speaker 2: And he's really getting like I thought he was almost 604 00:34:39,000 --> 00:34:40,120 Speaker 2: a bit somber there. 605 00:34:40,680 --> 00:34:43,440 Speaker 4: He's really bothered at least that's my take from his 606 00:34:43,800 --> 00:34:47,799 Speaker 4: times here on the show about how Wall Street is 607 00:34:47,880 --> 00:34:51,319 Speaker 4: treating the average investor, which is to say, not the 608 00:34:51,360 --> 00:34:54,719 Speaker 4: super rich person, and actually how Wallstreet is treating the 609 00:34:54,719 --> 00:34:57,640 Speaker 4: average person, and how this government is treating the average person, 610 00:34:57,680 --> 00:35:00,759 Speaker 4: specifically the FED. This is the part that bothering him. 611 00:35:01,160 --> 00:35:04,600 Speaker 4: The extra value meal is a signal to me that 612 00:35:04,680 --> 00:35:07,920 Speaker 4: people are still looking for the lowest common denominator. Why 613 00:35:07,960 --> 00:35:10,080 Speaker 4: does it bother me when Walmart sales are up or 614 00:35:10,160 --> 00:35:13,320 Speaker 4: coal sales are up. It means that people are reducing 615 00:35:13,320 --> 00:35:16,000 Speaker 4: themselves to the perceived value they don't even know if 616 00:35:16,040 --> 00:35:19,760 Speaker 4: necessarily these places are really cheaper by any degree compared 617 00:35:19,800 --> 00:35:22,319 Speaker 4: to other places they were shopping. But in their head 618 00:35:22,320 --> 00:35:24,200 Speaker 4: they're like, I got to reduce my costs, so I 619 00:35:24,239 --> 00:35:26,680 Speaker 4: go to here now, and I spend my money here, 620 00:35:26,719 --> 00:35:30,520 Speaker 4: and in some things, certainly they're less expensive. That is 621 00:35:30,560 --> 00:35:33,719 Speaker 4: not the sign of thriving. It would be the sign 622 00:35:33,719 --> 00:35:36,000 Speaker 4: of thriving if people from lower incomes were able to 623 00:35:36,040 --> 00:35:38,239 Speaker 4: move themselves up, had more expendable income and this. 624 00:35:38,200 --> 00:35:40,760 Speaker 2: Is where they were spending it. That's not the case. 625 00:35:40,960 --> 00:35:42,600 Speaker 2: The extra value meal is not the case. 626 00:35:42,800 --> 00:35:46,000 Speaker 4: It's about fighting for the slice of the pie. 627 00:35:46,200 --> 00:35:51,400 Speaker 2: And I mean, go fight. We all are. But yeah, 628 00:35:50,840 --> 00:35:53,040 Speaker 2: his conversation. 629 00:35:52,560 --> 00:35:55,120 Speaker 4: And me and the talking about this extra value meal, 630 00:35:55,239 --> 00:35:57,080 Speaker 4: like it rings horribly true. 631 00:35:57,520 --> 00:36:01,000 Speaker 2: I'm not saying I want government intervention. I'm saying it 632 00:36:01,040 --> 00:36:04,160 Speaker 2: brings up an interesting point. Keep it here. I'm Tony Kats. 633 00:36:04,200 --> 00:36:06,040 Speaker 2: This is Tony Goats today.