1 00:00:05,160 --> 00:00:09,520 Speaker 1: Why from the heartland in the crossroads of America. 2 00:00:10,560 --> 00:00:17,360 Speaker 2: It's Tony Kats today. 3 00:00:26,760 --> 00:00:31,080 Speaker 3: This morning I chaired another COBRA meeting as we continue 4 00:00:31,080 --> 00:00:35,400 Speaker 3: to coordinate our response to the situation in Iran and 5 00:00:35,440 --> 00:00:39,320 Speaker 3: the Middle East. I know that people are worried, sick 6 00:00:40,200 --> 00:00:43,120 Speaker 3: about their family and friends who are caught up in this, 7 00:00:44,240 --> 00:00:48,800 Speaker 3: about the impact on our lives and our economy, and 8 00:00:48,880 --> 00:00:55,360 Speaker 3: about the potential for even greater escalation. Believe that yet 9 00:00:55,400 --> 00:01:01,440 Speaker 3: again we're seeing missiles and drones falling civilians in the 10 00:01:01,480 --> 00:01:03,560 Speaker 3: firing line across the region. 11 00:01:05,319 --> 00:01:09,160 Speaker 2: You can always depend on Cure Starmer to come across 12 00:01:09,200 --> 00:01:13,920 Speaker 2: as a scared, scared little boy. Tony Kats, Tony Katz today, 13 00:01:14,040 --> 00:01:16,920 Speaker 2: good to be with you. I don't mind that the 14 00:01:17,000 --> 00:01:22,600 Speaker 2: Prime Minister of the United Kingdom has concerns. I mind 15 00:01:22,640 --> 00:01:25,200 Speaker 2: that he is outrageously weak in his own nation and 16 00:01:25,240 --> 00:01:28,000 Speaker 2: has the audacity to think he can be outrageously strong 17 00:01:28,040 --> 00:01:31,680 Speaker 2: on the world stage. Until you do something about the 18 00:01:31,760 --> 00:01:35,520 Speaker 2: Islamist threat and takeover of your own country, it's kind 19 00:01:35,520 --> 00:01:37,559 Speaker 2: of hard to think that you're gonna have a strong 20 00:01:37,600 --> 00:01:42,959 Speaker 2: position on stopping Islamists in another country. As someone pointed 21 00:01:43,000 --> 00:01:46,520 Speaker 2: out on social media, I'm only angry. I didn't think 22 00:01:46,560 --> 00:01:49,040 Speaker 2: of this first. They're like, look at all the Muslim 23 00:01:49,080 --> 00:01:52,000 Speaker 2: and Arab nations supporting the United States and this hit 24 00:01:52,080 --> 00:01:55,240 Speaker 2: on Iran and taking out the iatole. There's Kuwait, and 25 00:01:55,280 --> 00:01:57,960 Speaker 2: there's the Emirates, and then then there's Jordan. And then 26 00:01:58,000 --> 00:01:59,960 Speaker 2: you take a look at the Muslim nations that don't 27 00:02:00,080 --> 00:02:07,160 Speaker 2: support this, and it's England's, France and Spain. I wasn't 28 00:02:07,240 --> 00:02:08,960 Speaker 2: kidding when I said I'm angry. I didn't think of 29 00:02:08,960 --> 00:02:13,400 Speaker 2: that myself. That's a very very very good line right there, 30 00:02:14,280 --> 00:02:18,960 Speaker 2: and it's true. So when Starmer speaks, the Prime Minister 31 00:02:19,040 --> 00:02:22,280 Speaker 2: Kiris Starmer, you have to wonder from what position he 32 00:02:22,360 --> 00:02:26,040 Speaker 2: is coming from, because this is a man who very 33 00:02:26,080 --> 00:02:29,000 Speaker 2: obviously in his first of all, he always looks scared. 34 00:02:30,480 --> 00:02:34,000 Speaker 2: He always has a look on his face. And if 35 00:02:34,000 --> 00:02:35,800 Speaker 2: you're watching the Live Shame, you see this look on 36 00:02:35,840 --> 00:02:39,359 Speaker 2: his face right now. He always has this look on 37 00:02:39,400 --> 00:02:42,320 Speaker 2: his face that someone is going to recognize that his 38 00:02:42,440 --> 00:02:47,160 Speaker 2: diaper smells. It's this. I hope no one is paying 39 00:02:47,280 --> 00:02:51,000 Speaker 2: too much attention. There's no strength, there's no vigor that 40 00:02:51,400 --> 00:02:56,000 Speaker 2: comes from the man at all. But when you're unwilling 41 00:02:56,000 --> 00:02:58,920 Speaker 2: to deal with the threat in your own backyard and 42 00:02:59,000 --> 00:03:03,200 Speaker 2: you're scared of it, you're speaking out about it on 43 00:03:03,280 --> 00:03:09,240 Speaker 2: the world stage becomes well near impossible. Rather though, you 44 00:03:09,320 --> 00:03:13,440 Speaker 2: feel inboldened, if not threatened, into speaking negatively about the 45 00:03:13,520 --> 00:03:14,240 Speaker 2: United States. 46 00:03:14,639 --> 00:03:17,960 Speaker 3: So I want to reassure the British public about the 47 00:03:18,000 --> 00:03:22,959 Speaker 3: action that we're taking while the region has been plunged 48 00:03:23,040 --> 00:03:29,240 Speaker 3: into chaos. My focus is providing calm, level headed leadership 49 00:03:30,040 --> 00:03:35,160 Speaker 3: in the national interest. That means deploying our military and 50 00:03:35,280 --> 00:03:40,720 Speaker 3: diplomatic strength to protect our people, and it means having 51 00:03:40,760 --> 00:03:45,560 Speaker 3: the strength to stand firm by our values and our principles, 52 00:03:46,440 --> 00:03:49,640 Speaker 3: no matter the pressure to do otherwise. 53 00:03:50,360 --> 00:03:56,960 Speaker 2: So what you're telling me, kir Starmer is great Britain first, Okay, 54 00:03:57,720 --> 00:04:02,120 Speaker 2: I can I can live with that. I think that. 55 00:04:02,240 --> 00:04:06,880 Speaker 2: I think that's just fine for the Prime Minister to say. 56 00:04:07,080 --> 00:04:15,480 Speaker 2: I think it's fine for other nations to say as well. 57 00:04:15,640 --> 00:04:20,560 Speaker 2: The reporting on how the Ayatola was taken out is 58 00:04:20,920 --> 00:04:25,359 Speaker 2: that a ballistic missile that flew to the edge of 59 00:04:25,400 --> 00:04:29,960 Speaker 2: space is what hit him and took out a dozen, 60 00:04:30,480 --> 00:04:35,760 Speaker 2: if not dozens of his people. It's called the Blue Sparrow. 61 00:04:37,240 --> 00:04:46,960 Speaker 2: The Blue Sparrow has a Sparrow target missile, and this 62 00:04:47,040 --> 00:04:52,400 Speaker 2: goes back to twenty thirteen, and there are multiple missile 63 00:04:52,800 --> 00:04:56,360 Speaker 2: versions of this, the black, the blue, and the silver. 64 00:04:56,680 --> 00:05:00,400 Speaker 2: It could fly for twelve hundred and forty miles leaves 65 00:05:00,400 --> 00:05:07,640 Speaker 2: the atmosphere used by Israel during Operation Epic Fury. Now 66 00:05:07,720 --> 00:05:12,880 Speaker 2: this is we would almost consider this standard in missile 67 00:05:12,880 --> 00:05:15,599 Speaker 2: capability as opposed to the hypersonics. It's always important, just 68 00:05:15,600 --> 00:05:21,560 Speaker 2: at this moment to understand the difference. The blue sparrow 69 00:05:22,800 --> 00:05:27,520 Speaker 2: launches from a fighter jet out of the atmosphere down 70 00:05:27,560 --> 00:05:31,919 Speaker 2: to the target. Hypersonics follow the curvature of the Earth, 71 00:05:33,760 --> 00:05:37,880 Speaker 2: and what makes hypersonics so dangerous is certainly the speed 72 00:05:37,880 --> 00:05:41,680 Speaker 2: in which they travel, but also detection. If you're not 73 00:05:41,960 --> 00:05:47,080 Speaker 2: up in the atmosphere there right, the detection is much 74 00:05:47,080 --> 00:05:50,200 Speaker 2: more difficult for radar and other things when you're just 75 00:05:50,240 --> 00:05:52,680 Speaker 2: following the curvature of the Earth, if you're not cutting up. 76 00:05:53,360 --> 00:05:55,960 Speaker 2: So this is one of the reasons, for example, we 77 00:05:56,000 --> 00:05:58,960 Speaker 2: want Greenland because if Russia or China want to shoot 78 00:05:59,000 --> 00:06:02,279 Speaker 2: hypersonics at the United States, you would be able to 79 00:06:03,560 --> 00:06:07,599 Speaker 2: recognize what's happening in engage in defense. Thus Greenland's importance 80 00:06:07,839 --> 00:06:10,159 Speaker 2: and of course Greenland being part of what President Trump 81 00:06:10,200 --> 00:06:12,719 Speaker 2: refers to is the Golden Dome, which is a fine idea, 82 00:06:12,880 --> 00:06:16,799 Speaker 2: and it would also protect what Europe, including the lowly 83 00:06:16,960 --> 00:06:21,520 Speaker 2: Ireland and the lowly Spain. And they are lowly recognizing 84 00:06:21,680 --> 00:06:26,440 Speaker 2: Palestine as a state, thinking that somehow the Ayatola is 85 00:06:26,480 --> 00:06:29,479 Speaker 2: worthy of your respect and somehow he should still be 86 00:06:29,520 --> 00:06:32,960 Speaker 2: in power. These are despicable leaders and despicable nations. And 87 00:06:33,000 --> 00:06:34,800 Speaker 2: it's a shame that I'm never going to get to Ireland. 88 00:06:34,880 --> 00:06:37,560 Speaker 2: I'm never going to get to Spain, and it stinks. 89 00:06:39,320 --> 00:06:45,960 Speaker 2: Would I feel safe, No, of course not. I would 90 00:06:46,040 --> 00:06:50,039 Speaker 2: love to, but it doesn't seem to be the way 91 00:06:50,400 --> 00:06:58,960 Speaker 2: things are going to go. We have been outrageously successful 92 00:07:01,040 --> 00:07:03,600 Speaker 2: in the utilization of technology, and the Israelis have as 93 00:07:03,600 --> 00:07:08,360 Speaker 2: well so far in this fight. But it does lead 94 00:07:08,440 --> 00:07:11,000 Speaker 2: us to wonder whether or not Iran is going to 95 00:07:11,080 --> 00:07:15,760 Speaker 2: engage some level of quick collapse. I don't see that. 96 00:07:17,840 --> 00:07:28,440 Speaker 2: I want that strikes against Iran from Israel continue and 97 00:07:28,520 --> 00:07:34,960 Speaker 2: Iran continues to hit Israel. I can't believe that anybody 98 00:07:35,160 --> 00:07:37,680 Speaker 2: is surprised by this. Well, what do you think the 99 00:07:37,680 --> 00:07:39,880 Speaker 2: Iranians are going to do? One of the things that's 100 00:07:39,920 --> 00:07:46,040 Speaker 2: so important here is the recognition that we're in a war. Well, 101 00:07:46,040 --> 00:07:47,160 Speaker 2: we don't have to call it a war. You want 102 00:07:47,160 --> 00:07:48,600 Speaker 2: to call it a conflict, you want to call it 103 00:07:48,640 --> 00:07:52,160 Speaker 2: an impasse. I don't know what is the other term 104 00:07:52,200 --> 00:07:56,080 Speaker 2: you want to use. And the idea that the other side, 105 00:07:57,160 --> 00:08:00,360 Speaker 2: the people we consider the enemy, because they are the enemy, 106 00:08:00,440 --> 00:08:04,160 Speaker 2: the people who need the regine that needs to be destroyed. 107 00:08:04,840 --> 00:08:06,880 Speaker 2: It's even to think that somehow they're not going to 108 00:08:07,080 --> 00:08:10,760 Speaker 2: respond is always so weird. It's like when Trump takes 109 00:08:10,800 --> 00:08:16,440 Speaker 2: on and goes after the Canadians and the Canadians get angry, 110 00:08:16,480 --> 00:08:18,240 Speaker 2: people like, how dare you? What do you mean? How 111 00:08:18,320 --> 00:08:22,560 Speaker 2: dare you? They're gonna do what they do? You don't 112 00:08:22,600 --> 00:08:28,800 Speaker 2: know that this is coming? Super weird. The Israelis know 113 00:08:28,880 --> 00:08:32,480 Speaker 2: this is coming. There was an article about how those 114 00:08:32,880 --> 00:08:36,520 Speaker 2: in in in the north right near near Lebanon, where 115 00:08:37,000 --> 00:08:40,360 Speaker 2: Israel has been engaging a tax against Hesbla, which is 116 00:08:40,520 --> 00:08:47,880 Speaker 2: an Iranian proxy right funded by the Iranian regime. The 117 00:08:47,880 --> 00:08:52,640 Speaker 2: the idea that though they're they have to uh take 118 00:08:52,720 --> 00:08:56,320 Speaker 2: shelter in their in their bomb shelters in their safe rooms. Yeah, 119 00:08:56,559 --> 00:08:59,040 Speaker 2: you're bombing Hasbel and Hesbel is bombing back. This is 120 00:08:59,080 --> 00:09:04,160 Speaker 2: not surprising, and so I started with this a little 121 00:09:04,160 --> 00:09:06,839 Speaker 2: bit of this conversation yesterday, and it really came to 122 00:09:06,920 --> 00:09:12,280 Speaker 2: a head when we saw this marine protesting inside a 123 00:09:12,760 --> 00:09:17,120 Speaker 2: Senate subcommittee, hearing screaming and yelling and refusing to leave. 124 00:09:17,600 --> 00:09:19,800 Speaker 2: And I'm going to get into that because it really 125 00:09:19,880 --> 00:09:22,080 Speaker 2: shows that the Left does not understand how any of 126 00:09:22,120 --> 00:09:29,480 Speaker 2: this works. The Left is purposeful in their ignorance and 127 00:09:29,679 --> 00:09:34,679 Speaker 2: in their childlike quest to think that they're making moves. 128 00:09:37,880 --> 00:09:39,679 Speaker 2: But I want to be clear that the Iranians are 129 00:09:39,720 --> 00:09:42,640 Speaker 2: not done. And the idea that somehow we're going to 130 00:09:42,760 --> 00:09:46,880 Speaker 2: have imminent Iranian collapse of the regime I haven't seen 131 00:09:46,920 --> 00:09:49,640 Speaker 2: proof of yet. I want it. I won't be upset 132 00:09:49,720 --> 00:09:53,280 Speaker 2: when it happens, but this is going to take some 133 00:09:53,360 --> 00:09:56,479 Speaker 2: time because they do have missiles, they do have weapons, 134 00:09:57,040 --> 00:10:01,040 Speaker 2: They were prepared, and they have plans for even if 135 00:10:01,040 --> 00:10:02,920 Speaker 2: this one's dead, that one's dead, the other's dead. Now, 136 00:10:02,960 --> 00:10:07,720 Speaker 2: those plans don't last for forever. And I do favor 137 00:10:07,720 --> 00:10:10,920 Speaker 2: the methodology of taking out leadership every time new leadership 138 00:10:10,920 --> 00:10:16,320 Speaker 2: gets announced, because what I favor, maybe different than other people, 139 00:10:18,040 --> 00:10:23,679 Speaker 2: is I favor nothing left of the regime at all 140 00:10:23,880 --> 00:10:31,439 Speaker 2: or in any way no connection at all to the Ayatola. 141 00:10:33,360 --> 00:10:39,800 Speaker 2: President Trump is now making his statements that he must 142 00:10:39,800 --> 00:10:43,080 Speaker 2: be personally involved in deciding who will lead Iran now 143 00:10:43,120 --> 00:10:48,839 Speaker 2: that the Iatola commanee is dead. This was an interview 144 00:10:49,520 --> 00:10:58,240 Speaker 2: that was put on there or done by Axios where 145 00:10:58,280 --> 00:11:02,000 Speaker 2: he says he had an eight minute phone call with 146 00:11:02,240 --> 00:11:07,040 Speaker 2: Axios his second conversation with the outfit to discuss his 147 00:11:07,160 --> 00:11:14,240 Speaker 2: war planning, and he said that even though it might 148 00:11:14,320 --> 00:11:16,880 Speaker 2: be the Eye told his son who is the most 149 00:11:16,920 --> 00:11:21,800 Speaker 2: likely successor, he finds that outcome unacceptable. This is the 150 00:11:21,920 --> 00:11:30,880 Speaker 2: first I have heard of President Trump discussing what comes 151 00:11:30,960 --> 00:11:34,240 Speaker 2: next in a way that says to me he is 152 00:11:34,320 --> 00:11:38,720 Speaker 2: not willing to allow the regime that it currently exists 153 00:11:38,760 --> 00:11:42,160 Speaker 2: to have any play in the future. This I'm very 154 00:11:42,160 --> 00:11:45,320 Speaker 2: happy to see, because before the show started, before I 155 00:11:45,360 --> 00:11:50,240 Speaker 2: saw this, as this is now just coming out, I 156 00:11:50,760 --> 00:11:56,680 Speaker 2: would tell you that I absolutely oppose any ending to 157 00:11:56,800 --> 00:12:00,880 Speaker 2: this conflict that leaves any bit of the region in control. 158 00:12:01,160 --> 00:12:04,800 Speaker 2: I also felt that way about Nicholas Maduro. Don't tell 159 00:12:04,840 --> 00:12:07,800 Speaker 2: me how Dlcea Rodriguez is doing a great job. Dalcea 160 00:12:07,920 --> 00:12:10,200 Speaker 2: Rodriguez and the rest of the Maduro regime, which is 161 00:12:10,200 --> 00:12:12,920 Speaker 2: the job as regime has to go. It's the only 162 00:12:12,960 --> 00:12:17,240 Speaker 2: way the people of Venezuela have a better tomorrow. Tony, 163 00:12:17,280 --> 00:12:20,040 Speaker 2: you really aren'to this regime change is You're such a neocon. 164 00:12:23,960 --> 00:12:26,880 Speaker 2: If we are going to do a thing, let us 165 00:12:26,920 --> 00:12:33,520 Speaker 2: do the thing completely and the removal of Maduro. And 166 00:12:33,559 --> 00:12:40,000 Speaker 2: you can argue that this was really about the drug 167 00:12:40,080 --> 00:12:44,400 Speaker 2: running and the criminal activity. This was about regime change 168 00:12:44,400 --> 00:12:49,040 Speaker 2: and oil. I'm okay with the arguments I just wanted discussed. Honestly, 169 00:12:50,400 --> 00:12:52,680 Speaker 2: we can agree or disagree on that part, but this 170 00:12:52,800 --> 00:12:54,920 Speaker 2: is whether or not we should do it. But what 171 00:12:54,960 --> 00:12:58,000 Speaker 2: it was was, it is what it is. I'm saying, 172 00:12:58,040 --> 00:13:01,040 Speaker 2: I'm not bothered by it. Would you be upset with 173 00:13:01,120 --> 00:13:03,560 Speaker 2: regime change in the United States? I think if an 174 00:13:03,640 --> 00:13:05,920 Speaker 2: army wanted to invade the United States, we should slaughter 175 00:13:05,960 --> 00:13:08,280 Speaker 2: every last one of those bastards until quite literally no 176 00:13:08,360 --> 00:13:15,640 Speaker 2: part of their body exists. Feel that way about terrorst 177 00:13:15,640 --> 00:13:18,439 Speaker 2: cells and a whole bunch of others. I'm not a 178 00:13:18,480 --> 00:13:21,160 Speaker 2: queasy guy. Oh sure, you're not a queasy guy, Tony. 179 00:13:21,200 --> 00:13:23,920 Speaker 2: It's somebody else's kid going to war. It's always somebody 180 00:13:23,920 --> 00:13:27,760 Speaker 2: else's kid going to war, and when that doesn't work, 181 00:13:27,800 --> 00:13:31,520 Speaker 2: we have the Second Amendment. Can I help you? Can 182 00:13:31,559 --> 00:13:35,080 Speaker 2: I stop the maddening people from being ridiculous little children? 183 00:13:35,559 --> 00:13:37,600 Speaker 2: Can I ask them to grow up and be men 184 00:13:37,640 --> 00:13:40,880 Speaker 2: and women who can handle a situation? Here we are 185 00:13:42,080 --> 00:13:46,480 Speaker 2: My serving or not serving doesn't change reality. Everyone needs 186 00:13:46,520 --> 00:13:54,120 Speaker 2: to grow up. We took out Ladureau. Finish the regime change. 187 00:13:54,360 --> 00:13:56,319 Speaker 2: You want to control the oil, you got control of 188 00:13:56,320 --> 00:14:01,439 Speaker 2: the oil. Finish the regime change. He took out the Ayahtola. 189 00:14:02,559 --> 00:14:05,199 Speaker 2: He was a threat to the United States going back 190 00:14:05,240 --> 00:14:07,920 Speaker 2: to nineteen seventy nine, the taking of hostages when we 191 00:14:07,960 --> 00:14:10,760 Speaker 2: should have slaughtered the bastards then, and we should have 192 00:14:10,760 --> 00:14:14,200 Speaker 2: slaughtered the bastards after nineteen eighty three. And I don't 193 00:14:14,200 --> 00:14:17,440 Speaker 2: care if Tucker or Megan Kelly or Dave Smith or 194 00:14:17,480 --> 00:14:19,960 Speaker 2: any of that loser jew hating bigot the crowd is 195 00:14:20,000 --> 00:14:22,240 Speaker 2: happy or not. And they are what they are. I 196 00:14:22,280 --> 00:14:23,960 Speaker 2: don't know why they are the way they are, but 197 00:14:24,000 --> 00:14:27,520 Speaker 2: they are the way they are. I'm not interested in 198 00:14:27,600 --> 00:14:32,680 Speaker 2: this conversation of somehow thinking that this is all somehow new. 199 00:14:32,880 --> 00:14:38,760 Speaker 2: This isn't new, Dear Lord, people read a book. None 200 00:14:38,800 --> 00:14:44,440 Speaker 2: of it's new. We're going to take the moment to 201 00:14:44,560 --> 00:14:47,920 Speaker 2: take out the Ayahtola. You have to take out the 202 00:14:48,080 --> 00:14:52,840 Speaker 2: entire regime, every last bit of it, and they cannot 203 00:14:52,840 --> 00:14:55,800 Speaker 2: be allowed to have power. And this is not a 204 00:14:55,880 --> 00:14:59,160 Speaker 2: Muslim country, it is not an Islamis country. It should 205 00:14:59,200 --> 00:15:03,920 Speaker 2: not have leadership. And while we are there protecting American interests, 206 00:15:03,920 --> 00:15:06,560 Speaker 2: in American lives that have been lost over the last 207 00:15:06,600 --> 00:15:10,400 Speaker 2: decades and avenging that which I'm also not necessarily opposed to, 208 00:15:12,520 --> 00:15:16,560 Speaker 2: let's make sure that the right people are in charge 209 00:15:16,760 --> 00:15:19,080 Speaker 2: and no one associated with the Ietola or being an 210 00:15:19,160 --> 00:15:24,160 Speaker 2: Islamist is the right people. How about that as a standard. 211 00:15:24,480 --> 00:15:27,400 Speaker 2: It's not an Islamist nation. Let's make sure it's not 212 00:15:27,560 --> 00:15:35,800 Speaker 2: going forward. I think I might be the last honest 213 00:15:35,800 --> 00:15:38,200 Speaker 2: guy out there, but you're out there, so we're the 214 00:15:38,280 --> 00:15:40,760 Speaker 2: last honest people out there. I don't want to pretend 215 00:15:41,040 --> 00:15:44,680 Speaker 2: that somehow what's happening isn't happening. It is regime change. 216 00:15:44,880 --> 00:15:48,960 Speaker 2: I'm okay with it. I'm saying the words because that's 217 00:15:49,000 --> 00:15:52,840 Speaker 2: what it took to protect American lives and American interests, 218 00:15:54,920 --> 00:15:57,800 Speaker 2: and all of those other nations are thrilled because they 219 00:15:57,800 --> 00:16:02,400 Speaker 2: have interests they want protected to people don't want to 220 00:16:02,440 --> 00:16:06,120 Speaker 2: admit that Trump is engaged in a full recreation of 221 00:16:06,160 --> 00:16:09,480 Speaker 2: the Middle East and of alliances and relationships. Well, they 222 00:16:09,520 --> 00:16:11,960 Speaker 2: can be as upset about it and in denial about 223 00:16:11,960 --> 00:16:15,600 Speaker 2: it as they want. It's not us, but Trump now 224 00:16:15,680 --> 00:16:18,040 Speaker 2: saying that he wants to pick Aram's next leader or 225 00:16:18,080 --> 00:16:21,800 Speaker 2: be involved. That has to mean and it has to 226 00:16:21,880 --> 00:16:25,320 Speaker 2: include no one associated with the commanding or being in 227 00:16:25,400 --> 00:16:30,280 Speaker 2: Islamist I can get behind that, and I'm happy to 228 00:16:30,280 --> 00:16:33,000 Speaker 2: discuss my position with you. We'll get deeper into it. 229 00:16:33,240 --> 00:16:35,920 Speaker 2: I'm Tony Katz, and this is Tony Katz Today. 230 00:16:36,680 --> 00:16:40,120 Speaker 4: About a week ago, I attended President Clinton's deposition in 231 00:16:40,200 --> 00:16:45,040 Speaker 4: New York last Friday. This deposition raised even more questions 232 00:16:45,440 --> 00:16:48,400 Speaker 4: about President Trump's relationship with Jeffrey Epstein. 233 00:16:48,480 --> 00:16:53,480 Speaker 2: Let me explain why, Yes, explain why Representative Frost when 234 00:16:53,560 --> 00:16:57,480 Speaker 2: he said, quite clearly, I never saw Trump associate with 235 00:16:57,600 --> 00:17:00,680 Speaker 2: any of this. I never saw Trump connected in any way, 236 00:17:00,720 --> 00:17:04,240 Speaker 2: shape or form. He literally said the words in between 237 00:17:04,280 --> 00:17:06,560 Speaker 2: looking at old photos of himself with some of these 238 00:17:06,600 --> 00:17:12,520 Speaker 2: young women and smiling like a freak. Tony Katz. Tony 239 00:17:12,600 --> 00:17:18,440 Speaker 2: Katz today, the left can't stop, as I have said before, 240 00:17:18,960 --> 00:17:22,320 Speaker 2: running on Epstein is part of their plan to win 241 00:17:22,359 --> 00:17:28,600 Speaker 2: the midterms. No policy conversation. They're running on Epstein ten 242 00:17:28,800 --> 00:17:31,800 Speaker 2: thousands percent. Do we have to listen to this guy? 243 00:17:32,840 --> 00:17:36,200 Speaker 2: Do we have to? We don't have to. We don't 244 00:17:36,240 --> 00:17:40,240 Speaker 2: have to. For the record, release everything. If not everything 245 00:17:40,280 --> 00:17:44,560 Speaker 2: is released, release everything, Arrest anybody involved with the abuse 246 00:17:44,600 --> 00:17:49,159 Speaker 2: of children. The end. I mean, I've been singing the 247 00:17:49,200 --> 00:17:54,200 Speaker 2: same tune now for how many years on this subject, 248 00:17:55,520 --> 00:17:58,480 Speaker 2: same exact conversation, Release everything. I haven't changed a bit. 249 00:18:00,280 --> 00:18:06,080 Speaker 2: Bill Barr for Jeffrey Epstein's death, you didn't have twelve guards, 250 00:18:06,119 --> 00:18:13,920 Speaker 2: you didn't have fourteen cameras. William Barr was the Attorney 251 00:18:14,000 --> 00:18:21,400 Speaker 2: General at the time. I blame him so silly started 252 00:18:21,400 --> 00:18:24,960 Speaker 2: a war because of Epstein files. We're still here, still 253 00:18:24,960 --> 00:18:27,359 Speaker 2: talking about the Epstein files. I guess that didn't work. 254 00:18:30,280 --> 00:18:33,280 Speaker 2: Bill Clinton is the one who bombed an aspirin factory 255 00:18:33,440 --> 00:18:36,480 Speaker 2: to get you to not think about Monica Lewinsky. We're 256 00:18:36,480 --> 00:18:41,320 Speaker 2: still talking about Monica Lewinsky. It doesn't work. But bombing 257 00:18:41,359 --> 00:18:48,560 Speaker 2: an aspirin factory doesn't do anything. Killing the Ayatolin, destroying 258 00:18:48,560 --> 00:18:54,120 Speaker 2: the regime saves countless lives and frees millions of people 259 00:18:54,480 --> 00:18:58,520 Speaker 2: in Iran from an Islamist despot, no good bastard. So 260 00:18:58,560 --> 00:19:01,800 Speaker 2: what are we discussing. I didn't mean to get it 261 00:19:01,880 --> 00:19:04,520 Speaker 2: back into it. I've got plenty other things to talk about. 262 00:19:04,640 --> 00:19:07,760 Speaker 2: Doctor Matt Will going to join us next. What are 263 00:19:07,800 --> 00:19:11,240 Speaker 2: these latest numbers? Tell us? I'm not talking about Wall Street. 264 00:19:12,440 --> 00:19:17,080 Speaker 2: I'm talking about indicators. And will this war change supply 265 00:19:17,160 --> 00:19:20,639 Speaker 2: chains and make life more difficult? I've got that coming up. 266 00:19:20,720 --> 00:19:27,360 Speaker 2: Keep it here. I'm Tony Katz. This is Tony Katz today, 267 00:19:28,320 --> 00:19:31,000 Speaker 2: or has an effect on the economy, We'd be fools 268 00:19:31,040 --> 00:19:34,640 Speaker 2: if we said otherwise. Tony Katz, Tony Katz today, Good 269 00:19:34,680 --> 00:19:37,080 Speaker 2: to be here, Good to be with you. And we're 270 00:19:37,119 --> 00:19:40,360 Speaker 2: seeing a lot of economic indicators that are coming out. 271 00:19:40,400 --> 00:19:42,760 Speaker 2: But some of these things are trailing indicators. Means it 272 00:19:42,840 --> 00:19:44,600 Speaker 2: happened a month ago, or two months ago or three 273 00:19:44,600 --> 00:19:47,120 Speaker 2: months ago. It has nothing to do with what's happening 274 00:19:47,280 --> 00:19:50,360 Speaker 2: with dropping bombs on Tehran right now. And again, full 275 00:19:50,400 --> 00:19:53,040 Speaker 2: disclosure in case you needed it. I'm totally fine with 276 00:19:53,080 --> 00:19:56,040 Speaker 2: taking out the Ayatola, and I'm okay with the ripples 277 00:19:56,080 --> 00:19:59,480 Speaker 2: that take place for keeping Americans safe long term. If 278 00:19:59,480 --> 00:20:03,879 Speaker 2: the regime is completely annihilated and destroyed. But there have 279 00:20:04,080 --> 00:20:07,800 Speaker 2: been some good data points, very helpful data points to 280 00:20:07,880 --> 00:20:11,600 Speaker 2: a guy running for reelection Nope, not Trump, Republicans running 281 00:20:11,600 --> 00:20:14,800 Speaker 2: for reelection, and Trump trying very hard not to be 282 00:20:14,960 --> 00:20:19,159 Speaker 2: impeached for a third time. Doctor Matt Will joins me 283 00:20:19,240 --> 00:20:23,920 Speaker 2: right now, economists at the University of Indianapolis. Sir, there's 284 00:20:23,960 --> 00:20:27,640 Speaker 2: a host of things that are happening, and I want 285 00:20:27,640 --> 00:20:30,240 Speaker 2: to get into it, especially with this whole rate payer 286 00:20:30,280 --> 00:20:35,080 Speaker 2: protection pledge, which you are very excited about, how manufacturing 287 00:20:35,320 --> 00:20:38,480 Speaker 2: is ticking up for the second month in a row. 288 00:20:38,880 --> 00:20:43,679 Speaker 2: But let's start with wars and the economy. One can 289 00:20:43,840 --> 00:20:47,040 Speaker 2: argue that historically war has been very good for the economy. 290 00:20:47,280 --> 00:20:49,600 Speaker 2: I don't think we look at what's happening with Iran 291 00:20:49,920 --> 00:20:53,639 Speaker 2: in that same kind of way. Talk to me about 292 00:20:53,640 --> 00:20:56,800 Speaker 2: what it is you think America should expect or other 293 00:20:56,880 --> 00:20:59,639 Speaker 2: nations should expect. And is this a one month, is 294 00:20:59,680 --> 00:21:01,640 Speaker 2: this a six months? Does it depend on how long 295 00:21:01,680 --> 00:21:04,680 Speaker 2: the bombing goes on? What say you? 296 00:21:04,680 --> 00:21:07,399 Speaker 1: You know, it's interesting because wars are not positive for 297 00:21:07,480 --> 00:21:08,200 Speaker 1: the economy. 298 00:21:08,320 --> 00:21:10,119 Speaker 2: What they do is they shift the economy. 299 00:21:10,200 --> 00:21:12,760 Speaker 1: So Trump deserves a lot of credit for actually doing 300 00:21:12,800 --> 00:21:15,040 Speaker 1: something that will cause some harm to the economy and 301 00:21:15,080 --> 00:21:18,199 Speaker 1: thus may potentially hurt him in the midterms, because what 302 00:21:18,280 --> 00:21:20,560 Speaker 1: you do is you shift your manufacturing, so you go 303 00:21:20,640 --> 00:21:23,600 Speaker 1: away from you know, it's like guns versus butter. 304 00:21:23,760 --> 00:21:26,240 Speaker 2: You go away from the butter back into the guns. 305 00:21:26,440 --> 00:21:28,879 Speaker 1: So right now, in fact today they're meeting with people 306 00:21:28,880 --> 00:21:31,760 Speaker 1: in the defense industry. They're encouraging them to do more 307 00:21:31,880 --> 00:21:34,320 Speaker 1: munitions production because that's going to be the big issue, 308 00:21:34,480 --> 00:21:38,080 Speaker 1: expanding their production facilities. In order to produce more product, 309 00:21:38,600 --> 00:21:41,720 Speaker 1: they've got to change their distribution and logistics on how 310 00:21:41,800 --> 00:21:46,760 Speaker 1: they distribute all these munitions and materials for the war effort, 311 00:21:46,960 --> 00:21:49,720 Speaker 1: and so that takes away from your private economy. 312 00:21:50,119 --> 00:21:51,159 Speaker 2: It happens we saw. 313 00:21:51,119 --> 00:21:54,080 Speaker 1: During COVID when we started taking GM to make masks 314 00:21:54,119 --> 00:21:57,200 Speaker 1: and ventilators. So it's not positive for the economy, it 315 00:21:57,320 --> 00:22:00,960 Speaker 1: shifts it. And Trump deserves credit for doing biting the 316 00:22:00,960 --> 00:22:03,240 Speaker 1: bullet and making a tough decision that's not going to 317 00:22:03,280 --> 00:22:05,639 Speaker 1: be the best economic decision, and I. 318 00:22:06,160 --> 00:22:10,920 Speaker 2: Do agree with that wholeheartedly. The thing that we're hearing 319 00:22:10,920 --> 00:22:15,400 Speaker 2: most about is supply line issues. If you're getting pharmaceuticals 320 00:22:15,400 --> 00:22:18,480 Speaker 2: from India, if you're getting other products from from Southeast Asia. 321 00:22:18,560 --> 00:22:24,320 Speaker 2: If you're getting materials like fertilizers from the Middle East, 322 00:22:24,800 --> 00:22:26,920 Speaker 2: you now have issues with the straits of our moods, 323 00:22:27,000 --> 00:22:29,960 Speaker 2: with with ships and how they're going to travel and 324 00:22:30,040 --> 00:22:33,600 Speaker 2: avoiding certain areas that create supply line issues. Is this 325 00:22:33,720 --> 00:22:36,280 Speaker 2: already being seen? Is this something that we should expect 326 00:22:36,280 --> 00:22:39,040 Speaker 2: to see in the markets in our pocketbooks in the 327 00:22:39,160 --> 00:22:42,160 Speaker 2: months ahead, or can this be easily stabilized. 328 00:22:42,560 --> 00:22:46,919 Speaker 1: It's it'll be easily stabilized as we get the shipping 329 00:22:47,000 --> 00:22:49,439 Speaker 1: lanes under control because some of the ships have already 330 00:22:49,440 --> 00:22:52,080 Speaker 1: been diverted down, you know, down through South Africa. 331 00:22:52,480 --> 00:22:54,320 Speaker 2: That's a much longer route. 332 00:22:53,960 --> 00:22:55,919 Speaker 1: But it's going to be more you know, it's going 333 00:22:56,000 --> 00:22:58,080 Speaker 1: to get the goods there, so it causes just a delay. 334 00:22:58,480 --> 00:23:02,000 Speaker 1: We are very efficient in adapting our supply chains to 335 00:23:02,160 --> 00:23:04,720 Speaker 1: the current environment. And I got to tell you long 336 00:23:04,800 --> 00:23:06,960 Speaker 1: term this is also good because it's going to create 337 00:23:07,000 --> 00:23:09,280 Speaker 1: more safety. You know that ship that was sunk in 338 00:23:09,280 --> 00:23:12,399 Speaker 1: the Indian Ocean. Have an Iranian ship out there trying 339 00:23:12,400 --> 00:23:15,359 Speaker 1: to disrupt things is not good. You need escorts to 340 00:23:15,400 --> 00:23:18,480 Speaker 1: take your ships through these various lanes. Well, that ship 341 00:23:18,520 --> 00:23:21,639 Speaker 1: is now gone, So again it's a short term pain 342 00:23:21,800 --> 00:23:24,040 Speaker 1: for long term gain, And I think Trump is doing 343 00:23:24,080 --> 00:23:27,159 Speaker 1: the right thing because it's going to long term protect 344 00:23:27,200 --> 00:23:31,360 Speaker 1: shipping lanes, distribution channels, the supply chain will be safer, 345 00:23:32,000 --> 00:23:34,160 Speaker 1: But in the short term there will be disruption. 346 00:23:34,240 --> 00:23:38,440 Speaker 2: That is absolutely happening. Does is the market as you're 347 00:23:38,440 --> 00:23:41,879 Speaker 2: seeing it right? Sometimes it's it was down twelve hundred, 348 00:23:41,920 --> 00:23:43,480 Speaker 2: but it only closed four in down. Then it was 349 00:23:43,600 --> 00:23:46,760 Speaker 2: up the next day, and then as I last checked 350 00:23:46,760 --> 00:23:49,000 Speaker 2: at midday today, it was like down six hundred, and 351 00:23:49,000 --> 00:23:51,280 Speaker 2: that could be more at this stage. Who knows where 352 00:23:51,320 --> 00:23:54,159 Speaker 2: it's going to end? Does is the market trying to 353 00:23:54,160 --> 00:23:56,280 Speaker 2: figure out how to bake this in, how to figure 354 00:23:56,320 --> 00:24:00,919 Speaker 2: out where where it's at, or is this of gesticulation 355 00:24:01,760 --> 00:24:02,960 Speaker 2: based on something else? 356 00:24:03,960 --> 00:24:06,600 Speaker 1: It is the market is trying to bake in everything. 357 00:24:06,960 --> 00:24:09,879 Speaker 1: You know, we haven't talked about yet, productivity and you know, 358 00:24:10,000 --> 00:24:13,080 Speaker 1: the rate payer protection pledge, the data centers, and the 359 00:24:13,119 --> 00:24:17,400 Speaker 1: war and the distribution champs. The market is just having 360 00:24:17,400 --> 00:24:20,600 Speaker 1: a challenge right now getting all this information and putting 361 00:24:20,680 --> 00:24:21,640 Speaker 1: it into the prices. 362 00:24:21,920 --> 00:24:25,120 Speaker 2: But it's trying. It's trying very hard. Well, let's get 363 00:24:25,119 --> 00:24:27,880 Speaker 2: more into it, because you're making the argument that it's 364 00:24:27,960 --> 00:24:31,600 Speaker 2: not just war related talking to doctor Matt Will, economists 365 00:24:31,600 --> 00:24:36,800 Speaker 2: at the University of Indianapolis data centers and this rate 366 00:24:36,880 --> 00:24:40,119 Speaker 2: payer protection pledge that the President spoke about in the 367 00:24:40,119 --> 00:24:43,960 Speaker 2: State of the Union, and you saw him signing this 368 00:24:44,119 --> 00:24:49,880 Speaker 2: executive order yesterday, which has you all sorts of happy. 369 00:24:49,920 --> 00:24:52,879 Speaker 2: This is a giddy. This is not a doctor doom, 370 00:24:53,000 --> 00:24:57,359 Speaker 2: Matt Will. This is a doctor giddy. Matt Will. What 371 00:24:57,680 --> 00:25:01,800 Speaker 2: is it that you saw data centers and on this 372 00:25:01,920 --> 00:25:02,760 Speaker 2: Trump pledge? 373 00:25:03,000 --> 00:25:05,399 Speaker 1: Well, I think I was the only person in the 374 00:25:05,440 --> 00:25:08,320 Speaker 1: world that stood up on that particular line when you 375 00:25:08,359 --> 00:25:11,240 Speaker 1: talked about, you know, data centers and making their own energy. 376 00:25:11,240 --> 00:25:14,320 Speaker 1: I think everybody else was sitting at that moment. I 377 00:25:14,400 --> 00:25:17,200 Speaker 1: love this because the problem we're having with data centers 378 00:25:17,240 --> 00:25:21,040 Speaker 1: is local utilities have a monopoly on selling energy. If 379 00:25:21,080 --> 00:25:23,879 Speaker 1: you're a data center in your city, you can't produce 380 00:25:23,920 --> 00:25:26,120 Speaker 1: your own energy. You have an agreement with the local 381 00:25:26,200 --> 00:25:29,760 Speaker 1: utility that bans you from doing that. And so this 382 00:25:30,040 --> 00:25:33,000 Speaker 1: sign this rate payer protection Pledge, which by the way, 383 00:25:33,720 --> 00:25:37,159 Speaker 1: that's the marquee, that's the pr But the thing behind 384 00:25:37,240 --> 00:25:40,040 Speaker 1: it is it allows the utility the data centers to 385 00:25:40,160 --> 00:25:43,080 Speaker 1: make their own energy. And after they make their own energy, 386 00:25:43,080 --> 00:25:45,800 Speaker 1: they can then sell it back to the local utility. 387 00:25:46,000 --> 00:25:48,480 Speaker 1: This is this is revolutionary because we're going to have 388 00:25:48,520 --> 00:25:50,960 Speaker 1: a three to four hundred percent increase in demand for 389 00:25:51,040 --> 00:25:54,199 Speaker 1: electricity and there is no way the grid can handle it. 390 00:25:54,320 --> 00:25:57,000 Speaker 1: There's no way the local utilities can handle it. In fact, 391 00:25:57,600 --> 00:26:00,879 Speaker 1: Blackrock was so excited about the demand they bought a 392 00:26:00,920 --> 00:26:03,680 Speaker 1: company called AES. But let me tell you, black Rock 393 00:26:03,800 --> 00:26:07,439 Speaker 1: is no you know, you know, quiet person in the corner. 394 00:26:07,480 --> 00:26:11,520 Speaker 1: They go after aggressive returns because they thought they could 395 00:26:11,600 --> 00:26:15,520 Speaker 1: squeeze you know, the industry for more money. And Trump 396 00:26:15,600 --> 00:26:16,959 Speaker 1: just put the brakes on that a little bit. 397 00:26:17,760 --> 00:26:21,280 Speaker 2: Well, the AES story is big where you and I 398 00:26:21,359 --> 00:26:23,959 Speaker 2: live in Indianapolis, because that is the power company here, 399 00:26:23,960 --> 00:26:26,080 Speaker 2: which used to be known as Indianapolis Power and Light. 400 00:26:26,280 --> 00:26:29,280 Speaker 2: And there's a real question about are the kataris involved 401 00:26:29,320 --> 00:26:32,560 Speaker 2: in this? Is helpers, which is the California pension system 402 00:26:32,840 --> 00:26:35,800 Speaker 2: involved in this? Maybe you don't want these groups having 403 00:26:35,840 --> 00:26:39,440 Speaker 2: any connection California pension system, for there are just incredible 404 00:26:39,480 --> 00:26:42,320 Speaker 2: levels of failures and problems and KATAR because I don't 405 00:26:42,320 --> 00:26:46,040 Speaker 2: want foreign nations connected to the power grid. But this 406 00:26:46,240 --> 00:26:51,200 Speaker 2: is really about the concept of SMRs small modular reactors 407 00:26:51,520 --> 00:26:54,920 Speaker 2: This is about the fact that data centers are here now. 408 00:26:55,000 --> 00:26:57,320 Speaker 2: Cities and states can ask whether or not they want 409 00:26:57,359 --> 00:27:00,240 Speaker 2: to be data center city or states, but they're coming 410 00:27:00,680 --> 00:27:03,720 Speaker 2: and they take power and they take water. And the SMR, 411 00:27:03,840 --> 00:27:08,960 Speaker 2: the small modular reactor, is about this ability to create 412 00:27:09,040 --> 00:27:12,199 Speaker 2: power on a small level its own generation. And I 413 00:27:12,320 --> 00:27:14,639 Speaker 2: believe and I've talked about how they should give it 414 00:27:14,680 --> 00:27:17,080 Speaker 2: back to the city and that's the incentive that that 415 00:27:17,280 --> 00:27:20,840 Speaker 2: states should demand in order to bring in the data center. 416 00:27:21,520 --> 00:27:26,880 Speaker 2: Is Did this come because cities and towns have been 417 00:27:26,880 --> 00:27:30,960 Speaker 2: pushing back against them? Did this come because it's the 418 00:27:31,000 --> 00:27:34,920 Speaker 2: smarter play because the data center is a better investment overall. 419 00:27:35,560 --> 00:27:37,720 Speaker 2: What I didn't even know there would be an issue 420 00:27:37,760 --> 00:27:41,160 Speaker 2: with the power going back to a city or a town. 421 00:27:41,320 --> 00:27:43,760 Speaker 2: So what is the real impetus here for bringing this 422 00:27:43,800 --> 00:27:44,919 Speaker 2: protection pledge about? 423 00:27:45,280 --> 00:27:47,840 Speaker 1: You know, I'm a conservative, I'm not a populist, but 424 00:27:47,880 --> 00:27:50,879 Speaker 1: it was populis and that cause this because Trump saw 425 00:27:51,119 --> 00:27:53,760 Speaker 1: and we've seen in the area that we live, utility 426 00:27:53,840 --> 00:27:58,240 Speaker 1: rates doubling. The individual's utility bills are soaring, and this 427 00:27:58,280 --> 00:28:02,000 Speaker 1: is an attempt to address that problem. Because the utility 428 00:28:02,000 --> 00:28:04,880 Speaker 1: company loves that there's a demand They love that there's 429 00:28:04,880 --> 00:28:08,120 Speaker 1: a shortage. This is how they make money. The utility 430 00:28:08,119 --> 00:28:10,399 Speaker 1: company is guaranteed a profit. It's actually about nine and 431 00:28:10,400 --> 00:28:13,320 Speaker 1: a half percent. So if they have an you know, 432 00:28:13,560 --> 00:28:16,399 Speaker 1: one hundred dollars of cost, they're allowed to charge one 433 00:28:16,440 --> 00:28:19,840 Speaker 1: hundred and nine. Well, guess what they want more cost? 434 00:28:20,040 --> 00:28:21,960 Speaker 1: They want the cost to go up because if their 435 00:28:21,960 --> 00:28:24,400 Speaker 1: cost go up to two hundred, they can then charge 436 00:28:24,760 --> 00:28:28,240 Speaker 1: two hundred and eighteen. That's doubling their profits. So the 437 00:28:28,320 --> 00:28:31,800 Speaker 1: local energy companies love this. That's why Blackrock is in 438 00:28:31,840 --> 00:28:34,000 Speaker 1: this market now. That's why the Kataris want to buy 439 00:28:34,000 --> 00:28:37,879 Speaker 1: our energy and colpers. They know that their demand is huge. 440 00:28:38,680 --> 00:28:40,880 Speaker 1: So what did Trump do? Trump says, no, I'm going 441 00:28:40,920 --> 00:28:43,360 Speaker 1: to try to prevent it. So let me say everything 442 00:28:43,400 --> 00:28:45,320 Speaker 1: Trump did on this, his promise in the State of 443 00:28:45,320 --> 00:28:48,880 Speaker 1: the Union, trying to you know, control what Blackrock is doing, 444 00:28:49,120 --> 00:28:51,440 Speaker 1: the fix that he put in place yesterday. 445 00:28:51,040 --> 00:28:54,160 Speaker 2: These are phenomenal. But he's going to have a problem. 446 00:28:54,440 --> 00:28:56,640 Speaker 1: The utilities are going to fight back, and they're going 447 00:28:56,680 --> 00:28:59,080 Speaker 1: to fight back hard because this was an executive order, 448 00:28:59,520 --> 00:29:02,040 Speaker 1: it wasn't a law. And I can tell you Blackrock 449 00:29:02,080 --> 00:29:03,760 Speaker 1: spends a lot of money on congressman. 450 00:29:04,560 --> 00:29:07,720 Speaker 2: Yes, and I don't say no to that. But Blackrock 451 00:29:07,880 --> 00:29:11,080 Speaker 2: is going to lose when Bernie Sanders and Elizabeth Warren 452 00:29:11,200 --> 00:29:13,520 Speaker 2: rally the Democrats to be in favor of these kinds 453 00:29:13,520 --> 00:29:16,520 Speaker 2: of things. And that's the part that gives me a 454 00:29:16,520 --> 00:29:20,880 Speaker 2: lot of pause in that I don't know if I 455 00:29:21,080 --> 00:29:25,520 Speaker 2: want to be from a populist look telling people what 456 00:29:25,600 --> 00:29:29,120 Speaker 2: they can or cannot make. I do believe you could 457 00:29:29,200 --> 00:29:31,960 Speaker 2: say certain nations can't be involved in businesses in the 458 00:29:32,040 --> 00:29:35,480 Speaker 2: United States, you can't own any utility, you cannot own 459 00:29:35,560 --> 00:29:38,480 Speaker 2: land near military basis. I would allow the communist Chinese 460 00:29:38,520 --> 00:29:41,680 Speaker 2: to own anything in the United States. I believe that 461 00:29:41,840 --> 00:29:45,440 Speaker 2: is a national security conversation can be engaged. But if 462 00:29:45,440 --> 00:29:47,960 Speaker 2: we're saying that this is populism and not conservatism, I 463 00:29:48,080 --> 00:29:50,520 Speaker 2: go back and look at this and say, this is 464 00:29:50,560 --> 00:29:53,600 Speaker 2: the kind of price fixing that an Elizabeth Warren and 465 00:29:53,600 --> 00:29:55,040 Speaker 2: a Bernie Sanders are going to love. 466 00:29:55,640 --> 00:29:58,680 Speaker 1: Don't ask me to love that. It's not price fixing. 467 00:29:58,960 --> 00:30:01,600 Speaker 1: It's the opposite. What Trump is trying to do is 468 00:30:01,640 --> 00:30:05,080 Speaker 1: stop the price fixing because right now the utility companies 469 00:30:05,120 --> 00:30:06,560 Speaker 1: are allowed to fix prices. 470 00:30:06,640 --> 00:30:07,760 Speaker 2: They have a monopoly. 471 00:30:08,160 --> 00:30:11,000 Speaker 1: The only reason zin Bernie and Warren are on board 472 00:30:11,040 --> 00:30:13,960 Speaker 1: here is because they just hate anything business. So they 473 00:30:14,000 --> 00:30:16,480 Speaker 1: hate Blackrock, they hate the utility companies. I don't hate 474 00:30:16,520 --> 00:30:18,520 Speaker 1: either one of them. I can tell you I personally 475 00:30:18,560 --> 00:30:22,719 Speaker 1: have investments through Blackrock. I'm not against Blackrock. What I 476 00:30:22,760 --> 00:30:27,120 Speaker 1: am in favor of is more competition, taking the handcuffs 477 00:30:27,160 --> 00:30:29,479 Speaker 1: off the local data center and saying you can produce 478 00:30:29,520 --> 00:30:33,360 Speaker 1: your own energy. That's not government controlling prices. That's more 479 00:30:33,440 --> 00:30:37,560 Speaker 1: free market, that's more capitalism. Huge fan let them produce 480 00:30:37,600 --> 00:30:41,200 Speaker 1: their own energy. Stop these regulations that ban them from 481 00:30:41,280 --> 00:30:43,680 Speaker 1: producing their own energy, and that's what Trump is doing. 482 00:30:44,120 --> 00:30:45,720 Speaker 1: I don't know that those two folks are going to 483 00:30:45,760 --> 00:30:48,520 Speaker 1: be on board though. Remember it's Trump's idea. So if 484 00:30:48,520 --> 00:30:51,480 Speaker 1: it's Trump's idea, they may be totally against it. 485 00:30:51,480 --> 00:30:55,120 Speaker 2: It'd be interesting to see them say we're opposed to 486 00:30:55,480 --> 00:30:59,600 Speaker 2: lower energy rates when they complain about energy rates. But 487 00:30:59,680 --> 00:31:02,320 Speaker 2: if it plays out as you're discussing it and it 488 00:31:02,400 --> 00:31:05,719 Speaker 2: is a capitalist response, they'll absolutely be opposed to it. 489 00:31:05,760 --> 00:31:09,440 Speaker 2: Talking to doctor Matt Well, economist at the University of Indianapolis, 490 00:31:09,480 --> 00:31:13,920 Speaker 2: you brought up productivity a couple of times. Productivity is up. 491 00:31:13,960 --> 00:31:14,720 Speaker 2: You're a happy man. 492 00:31:15,160 --> 00:31:18,040 Speaker 1: Oh my gosh, this is where Trump needs to go 493 00:31:18,120 --> 00:31:20,880 Speaker 1: get a megaphone, which I know he has plenty of those, 494 00:31:21,000 --> 00:31:23,400 Speaker 1: and he should brag about this. So it was up 495 00:31:23,400 --> 00:31:25,800 Speaker 1: two point eight last quarter. Now you're thinking, oh, okay, 496 00:31:25,880 --> 00:31:29,360 Speaker 1: that's good. That's not great. That's despite the government's shutdown. 497 00:31:29,760 --> 00:31:33,000 Speaker 1: This is a government shutdown impacted number. And we always 498 00:31:33,040 --> 00:31:37,640 Speaker 1: ignore the revisions. Let's not the third quarter revision. Productivity 499 00:31:37,680 --> 00:31:41,920 Speaker 1: was up five point two percent Q two, up four 500 00:31:42,000 --> 00:31:45,200 Speaker 1: point two Tony. I look back in history. I couldn't 501 00:31:45,200 --> 00:31:49,480 Speaker 1: find five point two increase percent in productivity going back 502 00:31:49,560 --> 00:31:53,680 Speaker 1: fifty years. The productivity is up because Trump is hitting 503 00:31:53,720 --> 00:31:57,840 Speaker 1: on all cylinders on deregulation, on taxes, on the one 504 00:31:57,840 --> 00:32:01,440 Speaker 1: big beautiful bill. He's doing everything again. It's like this, 505 00:32:01,880 --> 00:32:04,720 Speaker 1: you know, it's like this energy deal. It's not hot 506 00:32:04,760 --> 00:32:07,360 Speaker 1: and sexy, it's not making headlines. But man, is it 507 00:32:07,400 --> 00:32:08,280 Speaker 1: helping the economy. 508 00:32:09,280 --> 00:32:13,480 Speaker 2: And what that productivity? You see? Manufacturing is up as 509 00:32:13,520 --> 00:32:16,320 Speaker 2: well for the second month in a row. Wow. 510 00:32:16,440 --> 00:32:19,000 Speaker 1: Okay, you know me, I've been talking. Everyone says, oh, 511 00:32:19,080 --> 00:32:21,760 Speaker 1: doom and gloom, doctor will doom and gloom. Yeah, because 512 00:32:21,920 --> 00:32:26,520 Speaker 1: our manufacturing base has been shrinking since the Liberation Day 513 00:32:26,560 --> 00:32:30,240 Speaker 1: in April, not the last two months. I'm so happy. 514 00:32:30,280 --> 00:32:32,600 Speaker 1: Remember we talked about this last month. Is it a trend, 515 00:32:33,040 --> 00:32:35,200 Speaker 1: it's a trend. We got two months and these weren't 516 00:32:35,240 --> 00:32:39,600 Speaker 1: a small increase. Manufacturing in the United States expanded at 517 00:32:39,640 --> 00:32:43,560 Speaker 1: a four point eight percent rate last month. Wow, this 518 00:32:43,600 --> 00:32:47,080 Speaker 1: is good news. So the manufacturing is back. I was 519 00:32:47,160 --> 00:32:50,680 Speaker 1: so nervous because we had a multi year decline in 520 00:32:50,760 --> 00:32:54,840 Speaker 1: manufacturing and now we're back. Good for the economy, good 521 00:32:54,840 --> 00:32:57,000 Speaker 1: for Trump and the things he's done to help that happen. 522 00:32:57,200 --> 00:32:59,600 Speaker 2: And you don't think what we're engaged in right now 523 00:32:59,600 --> 00:33:02,880 Speaker 2: in a and takes away from that. Do you think 524 00:33:02,960 --> 00:33:05,720 Speaker 2: that these things can still climb even if it does 525 00:33:05,800 --> 00:33:09,920 Speaker 2: take this five weeks plus that the President has indicated 526 00:33:10,440 --> 00:33:11,080 Speaker 2: it will. 527 00:33:10,880 --> 00:33:13,360 Speaker 1: Cause a decline, No non decline, it's going to cause 528 00:33:13,360 --> 00:33:15,080 Speaker 1: a slowdown. Think of it as a tap on the 529 00:33:15,120 --> 00:33:18,160 Speaker 1: brakes instead of stopping the car. It is definitely going 530 00:33:18,200 --> 00:33:19,800 Speaker 1: to be a tap on the brakes. We're definitely going 531 00:33:19,800 --> 00:33:22,360 Speaker 1: to see some economic pullback from this, but I don't 532 00:33:22,360 --> 00:33:26,000 Speaker 1: think it's going to counterbalance all this positive energy that's happening. 533 00:33:26,840 --> 00:33:30,320 Speaker 2: Doctor Matt Well, economist at the University of Indianapolis. I 534 00:33:30,320 --> 00:33:32,600 Speaker 2: appreciate you taking the time to be with us more 535 00:33:32,640 --> 00:33:34,960 Speaker 2: to get to I'm Tony Katz and this is Tony 536 00:33:35,040 --> 00:33:38,360 Speaker 2: Katz Today. So the latest on James tell Rico. I mean, 537 00:33:39,280 --> 00:33:43,719 Speaker 2: the opposition research hit hard in the last twenty four hours. 538 00:33:43,920 --> 00:33:46,240 Speaker 2: He is the Democrat who is going to be the 539 00:33:46,240 --> 00:33:50,040 Speaker 2: Senate candidate in Texas. Tony Katz, Tony Katz Today, Good 540 00:33:50,120 --> 00:33:53,760 Speaker 2: to be with you. And he's the guy who Stephen 541 00:33:53,760 --> 00:33:56,920 Speaker 2: Colbert acclluded with to keep a black woman from being 542 00:33:56,920 --> 00:33:58,840 Speaker 2: on television to make her case to the people of 543 00:33:58,840 --> 00:34:01,440 Speaker 2: Texas to win a primary. That was Jasmine Crockett. Oh 544 00:34:01,440 --> 00:34:05,000 Speaker 2: that's what happened. So hey, listen, it's not my fault. 545 00:34:05,040 --> 00:34:10,480 Speaker 2: That's Stephen Colbert's a biggot. He's the one who colluded. Oh, 546 00:34:10,600 --> 00:34:14,239 Speaker 2: we're gonna tall Rico on, but we're told we have 547 00:34:14,280 --> 00:34:17,400 Speaker 2: to have equal time, so we'll only play his interview 548 00:34:17,840 --> 00:34:19,600 Speaker 2: online and we won't play it on air, and then 549 00:34:19,600 --> 00:34:22,880 Speaker 2: we'll blame Trump when it's not Trump's fault. And sorry, 550 00:34:22,920 --> 00:34:27,800 Speaker 2: that's an incon contribution. But the social media posts of 551 00:34:27,880 --> 00:34:32,200 Speaker 2: Talla Rico are coming out where he's all about how 552 00:34:32,239 --> 00:34:35,120 Speaker 2: his white skin gives him immunity from the virus of 553 00:34:35,239 --> 00:34:41,960 Speaker 2: racism and it. Oh yeah, you know the trans community. 554 00:34:42,440 --> 00:34:47,319 Speaker 2: They need abortion rights too. Oh, there's so much. And yes, 555 00:34:47,360 --> 00:34:50,719 Speaker 2: he's gonna get positioned like that you did with Abigail Spamberger, 556 00:34:50,800 --> 00:34:54,560 Speaker 2: the gubernatorial candidate in Virginia as a moderate. There's nothing 557 00:34:54,600 --> 00:34:58,240 Speaker 2: moderate about the guy. And they're coming out early. Doesn't 558 00:34:58,280 --> 00:35:01,880 Speaker 2: matter whether it's Corning or Paxton, and we'll get into it. 559 00:35:02,000 --> 00:35:05,480 Speaker 2: I'm still a believer that Cordon has a better chance 560 00:35:05,520 --> 00:35:09,120 Speaker 2: to win a general election than Paxton. Paxton has more baggage. 561 00:35:09,120 --> 00:35:11,880 Speaker 2: I'm not an axist anti Paxton guy in that regard. 562 00:35:12,280 --> 00:35:16,279 Speaker 2: I'm saying that Cordon has more, has less baggage. It's 563 00:35:16,280 --> 00:35:20,160 Speaker 2: an easier victory. They're not even waiting for the Republicans 564 00:35:20,400 --> 00:35:24,359 Speaker 2: for who the nominee is. They are just coming directly 565 00:35:24,440 --> 00:35:27,680 Speaker 2: at Tallarico, and I think it's given a lot for 566 00:35:27,719 --> 00:35:29,600 Speaker 2: a while. This is Tony KATX today.