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Speaker 1: I think at this point you got to really start

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Speaker 1: start just saying the motivation of these people on the left.

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Speaker 1: Ninety three WIBC, it's Kennelly Casey Show. I'm Rob Casey's

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Speaker 1: out today. Look all of this stuff that's unfolding in Minnesota,

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Speaker 1: and it's sort of becoming ground zero of the left

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Speaker 1: putting themselves once again as it did during twenty twenty,

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Speaker 1: on full display. And I think one of the lessons

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Speaker 1: learned out of twenty twenty, both by the American public

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Speaker 1: and by the Trump administration who was in charge back

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Speaker 1: then as they are now, is that you can't show

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Speaker 1: an inch of weakness with these lunatics, like you can't

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Speaker 1: think that you're going to somehow appease them, or that

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Speaker 1: you're somehow going to curry favor with them, or that

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Speaker 1: you were worried about what their response is going to be,

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Speaker 1: because they're going to do what they're going to do,

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Speaker 1: which is an chaos because in many cases that's what

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Speaker 1: they're paid to do. Don't kid yourself. It's came out

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Speaker 1: during COVID in twenty twenty, and it's gonna probably come

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Speaker 1: out again that many of these people that are there,

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Speaker 1: not just in Minnesota, but in these major cities across

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Speaker 1: the country are paid disruptors. You cannot talk to these people.

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Speaker 1: They're insane lunatics who hate this country. Now I'm not

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Speaker 1: talking about like just liberals. I'm not like there are

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Speaker 1: people who I disagree with politically who I get along

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Speaker 1: great with. This is far beyond like some political ideology

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Speaker 1: about how big the government should be or whatever. Right,

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Speaker 1: We're not talking about that. We're talking about these people

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Speaker 1: who hate this country and they are dead set on

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Speaker 1: the destruction. Now, there are elected officials who are in

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Speaker 1: that camp. Many of these elected people in Minnesota that

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Speaker 1: are part of this. I put them in that camp

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Speaker 1: because they are facilitating the actions. They are facilitating the behavior.

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Speaker 1: They are facilitating the destruction and inciting violence against federal

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Speaker 1: law enforcement officers by their actions or inactions. You know,

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Speaker 1: like I come back to prove this point. Let's come

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Speaker 1: back to Indiana because we always try to bring the

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Speaker 1: show back back locally when we can. Remember in twenty twenty,

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Speaker 1: when Malik Muhammad led a large and angry mob as

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Speaker 1: we called it at the time, to the governor's mansion

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Speaker 1: on live TV. He took the people essentially from downtown

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Speaker 1: and he led this large group of people to the

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Speaker 1: Governor's mansion. This was in the days after the riots

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Speaker 1: of downtown and on live TV, threatened to seize the

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Speaker 1: governor's mansion. It was and this was all and folding

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Speaker 1: in real time, like he would move the group forward,

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Speaker 1: the state police would push them back to state police

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Speaker 1: are guarding the governor's mansion. This guy's threatening to seize

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Speaker 1: the governor's mansion on live TV. And finally, the perception

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Speaker 1: is that the police talk him down and then he's

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Speaker 1: like hugging it out with the cops. And he does

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Speaker 1: this press con or this media availability afterwards, which is

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Speaker 1: totally bizarre. And he goes there saying I went here

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Speaker 1: prepared to die and blah blah blah, and I'm watching

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Speaker 1: this as time going. Why is this guy not being arrested.

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Speaker 1: If Rob Kendall led an angry mob up Meridian Street

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Speaker 1: to the governor's mansion and threatened to seize it on

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Speaker 1: live TV, you think Rob Kendall will get to hug

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Speaker 1: it out with the cops. So not only does the

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Speaker 1: guy not get arrested, but then in the days that

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Speaker 1: follow he gets a VIP meet and greet with the

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Speaker 1: governor himself, which multiple eyewitnesses who were there for that

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Speaker 1: meeting or were aware what took place in that meeting

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Speaker 1: told me that Malik Mohammad got to have input on

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Speaker 1: what later became the police Reform bula, of which our

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Speaker 1: law enforcement in this state is still bound by. And

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Speaker 1: then what happened to Malik Muhammad is he was left

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Speaker 1: to go on his merry way. So the guy who

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Speaker 1: is a known agitator leads an angry mob to the

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Speaker 1: Governor's mansion, threatens to seize it on live TV, gets

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Speaker 1: a hug it out with the cops. It's a VIP

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Speaker 1: meet and greet with the governor, gets to buy multiple

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Speaker 1: accounts right part of our have input on the police

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Speaker 1: reform bill, telling our law enforcement officers what they can

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Speaker 1: or can't do. And then what's he do. He goes

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Speaker 1: to Portland and is arrested for trying to kill cops.

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Speaker 1: That's exactly what he did. There was just an article

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Speaker 1: written about him the other day. Somebody gave an update.

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Speaker 1: I believe he's still behind bars in Portland for attempting

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Speaker 1: to kill cops. That guy got everything he wanted. He

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Speaker 1: got to hug it out with the police. He got

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Speaker 1: to be on TV, he got a VIP meet and

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Speaker 1: greet with the governor, he got to have input on

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Speaker 1: public policy by multiple accounts, And what do you do.

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Speaker 1: He went to a city on the other side of

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Speaker 1: the country and with his now in prison for trying

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Speaker 1: to kill cops. You can't negotiate with this people. You

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Speaker 1: can't listen to them, you can't work with them. What

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Speaker 1: they want is chaos and destruction. What they want is

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Speaker 1: to upend society, to overturn society. And I think the

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Speaker 1: American people and certainly the Trump administration has finally figured

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Speaker 1: that out. Christy Nome, head of Homeland Security, was on

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Speaker 1: with Jake Tapper on CNN and I love this. She

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Speaker 1: got no time for his bull crap. Take a listen.

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Speaker 2: Doing a disservice to the officer by reaching a conclusion

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Speaker 2: before the investigation.

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Speaker 3: EXPA heard you say once, what a disservice it's done

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Speaker 3: for Mayor Fry to get up into real I used

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Speaker 3: to get the f out of his city. Anoc to

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Speaker 3: stand up before she had any of the facts and

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Speaker 3: call this officer a murderer. Your individuals, well call them out.

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Speaker 3: Jake spend as much time calling them out. I have

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Speaker 3: provided you with facts and information to back up every

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Speaker 3: single word that we have said and every single part

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Speaker 3: of this investigation. And if you don't like it, that's fine,

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Speaker 3: but we're going to continue to do the right thing

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Speaker 3: to keep the American people safe.

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Speaker 1: I know she's spot on. You cannot come to any

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Speaker 1: sort of middle ground with these people. People. They are

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Speaker 1: not interested in being members of decent society. They're not

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Speaker 1: interested in a better America or a better Minnesota. They

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Speaker 1: are interested because oftentimes they are financially incentivized to cause

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Speaker 1: as much destruction and chaos as they possibly can. More

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Speaker 1: from Christy Nome, But Jake Tapper says exactly what it

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Speaker 1: is that it is an act of terrorism what that

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Speaker 1: lady did with her car trying to run that ice

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Speaker 1: officer over.

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Speaker 3: Acts of the situation are that the vehicle was weaponized

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Speaker 3: and it attacked the law enforcement officer. He defended himself

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Speaker 3: and he defended those individuals around him. That is the

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Speaker 3: definition when there is something that is weaponized to use

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Speaker 3: against the public and law enforcement, that is an act

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Speaker 3: of domestic terrorism. Happened in our shores, It happened here

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Speaker 3: in our country. You don't get to change the facts

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Speaker 3: just because you don't like them. We will continue to

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Speaker 3: look at this individual and what her motivations were. We

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Speaker 3: know that there was throughout that morning she had harassed

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Speaker 3: and impeded law enforcement operations. That raises the suspicion level

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Speaker 3: with all of these law enforcement officers as far as

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Speaker 3: paying attention to what her capacity is. And as you

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Speaker 3: see on the videos, and they've proven out that this

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Speaker 3: law enforcement officer took the action that his training prepared

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Speaker 3: him for and he worked to make sure that he

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Speaker 3: could save his own life and those around him.

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Speaker 1: Yeah, that more footage has come out and clean the

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Speaker 1: one from the ice officer. There is zero doubt in

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Speaker 1: my mind, not that there wasn't before anyway that that

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Speaker 1: woman was trying to run that guy over or if

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Speaker 1: he got run over, she was going to go, or

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Speaker 1: she was going to go and if he got run over,

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Speaker 1: well then that's too bad. I don't out know anybody

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Speaker 1: could watch the especially the footage from the ice officer's phone,

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Speaker 1: I think that there was anything going on other than

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Speaker 1: that she was going to do what she wanted to do.

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Speaker 1: She was there to obstruct, she was there to cause chaos.

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Speaker 1: And she has so little regard for anything other than

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Speaker 1: what she wanted that she was okay with running that

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Speaker 1: guy over. There's not a doubt in my mind, having

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Speaker 1: seen the cell phone footage from that from that other

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Speaker 1: ice officer, there's no doubt. I'm sorry, I don't have

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Speaker 1: any sympathy for some person who can't obey basic instructions,

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Speaker 1: who goes out of their way to defy law enforcement

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Speaker 1: and then puts them in danger to the point where

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Speaker 1: they could get run over. What would you do if

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Speaker 1: someone was coming at you with their automobile. Would you go, well, sure,

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Speaker 1: hope they turn. Oh this person's it's a noble cause,

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Speaker 1: it'll be fine. No, no person would do that. That

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Speaker 1: officer responded the way the overwhelming majority of people would.

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Speaker 1: He defended himself. We are in this position now or

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Speaker 1: she That woman is no longer with us now because

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Speaker 1: she wanted to cause chaos. She was dead set thinking

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Speaker 1: the rules didn't apply to her, that she could do

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Speaker 1: whatever she wanted to do, and if she had just

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Speaker 1: followed basic commands, basic instructions, basic orders, she wouldn't be

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Speaker 1: in that position. I don't have any sympathy for that

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Speaker 1: woman because I've seen it into the video enough times, and

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Speaker 1: I've seen multiple angles of it to believe that she

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Speaker 1: was fine. If that guy got run over, she was fine.

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Speaker 1: If that guy died, she did not care because she

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Speaker 1: believed she was bigger than everybody else and everything around her.

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Speaker 1: Tom Holman, the borders are. He was on Meet the

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Speaker 1: Press and he wasn't taking the bait on the cute

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Speaker 1: word games. He says, it could be terrorism. It doesn't

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Speaker 1: matter what you call it. Don't drive a car in

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Speaker 1: a law enforcement officer, and don't interfere with what they're

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Speaker 1: trying to do.

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Speaker 4: You know, if you look up definition of terrorism, is

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Speaker 4: there violence? Is there threat of violence based on an

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Speaker 4: ideology that wants to change the way the government does

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Speaker 4: what we do. Look on the definition terrorism.

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Speaker 5: With Secretary Nome correct to label her a domestic terrorist.

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Speaker 6: Mister Homan, look, we don't know what.

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Speaker 4: I don't know if Secretary Nome knows, And what I

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Speaker 4: know I can tell you is what they did is illegal.

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Speaker 4: And if you look up as a definition of terrorism,

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Speaker 4: and certainly it could fall within that definition. If you

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Speaker 4: look at definition.

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Speaker 1: Your evidence you don't have evidence that she's a domestic terrorist.

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Speaker 1: I don't know.

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Speaker 4: What secretary has that. I don't. I'm not going to

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Speaker 4: judge what the secretary says, but if you look up

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Speaker 4: the definition of terrorism, I certainly can fall within that.

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Speaker 4: But I think we all got agreed there's no reason

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Speaker 4: for this lady to do it she did. There's no

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Speaker 4: reason to be there. If you want to protest, protest,

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Speaker 4: but don't actively impede and interfere, and certainly don't drive

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Speaker 4: a four thousand pounds vehicle toward an officer.

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Speaker 1: Christen Welker, who is the host to meet the press,

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Speaker 1: she is ridiculous. So you don't have any evidence she's

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Speaker 1: a domestic terrorist. She was trying to run a guy over.

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Speaker 1: She was trying to kill a federal law enforcement officer,

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Speaker 1: or at the very least, was fine if the guy died,

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Speaker 1: if he got in the way of where she wanted

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Speaker 1: to go. She was causing chaos. It wasn't like they

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Speaker 1: she was just walking down the sidewalk, minding her own

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Speaker 1: business and they snatched her up. She went there to

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Speaker 1: do damage. She went there to cause chaos. She went

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Speaker 1: there to obstruck. She went there to disrupt, and she

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Speaker 1: was willing. If you're moving an automobile at someone you're

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Speaker 1: willing to kill them. That to me probably terrorize that

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Speaker 1: law enforcement officer. That's an act of terrorism. All right,

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Speaker 1: let's take a break when we come back. The US

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Speaker 1: has allegedly drawn up plans to invade Greenland, and one

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Speaker 1: senator says Congress is going to stop the Trump administration

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Speaker 1: naety three WIBC. It's Kenel and Casey Show. Is there

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Speaker 1: something really fascinating going on in the country right now?

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Speaker 1: And that is, can you actually to some extent run

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Speaker 1: the government in the way you ran a business? Ninety

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Speaker 1: three WIBC. It's Kennel and Casey Show. And Rob Casey's

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Speaker 1: out today. keV is here. So the Daily Mail has

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Speaker 1: a big expose essentially saying that the US has drawn

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Speaker 1: up plans to invade Greenland, and Donald Trump has made

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Speaker 1: very clear that he would like Greenland, is currently controlled

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Speaker 1: by Denmark, to come under US control for a variety

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Speaker 1: of reasons, most of them relating not only to the

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Speaker 1: safety of our country, but also the safety of Europe

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Speaker 1: because of its location and the ability to do certain

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Speaker 1: things militarily. Whoever controls Greenland, it's very important. And then

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Speaker 1: let's not kid ourselves. There's also the stuff in Greenland

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Speaker 1: that could potentially be very valuable to the United States,

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Speaker 1: and he has said we should buy Greenland. My question

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Speaker 1: would be, how would we do that. We have no money.

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Speaker 1: We're thirty eight trillion dollars in debt going on thirty

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Speaker 1: nine trillion. So the next logical thing is if someone

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Speaker 1: won't give you something, and if they won't let you

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Speaker 1: buy it, then if you want it bad enough, you

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Speaker 1: have to take it. And the Daily Mail is alleging

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Speaker 1: that the US has drawn up plans. Does I mean

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Speaker 1: it's imminent, doesn't mean it's going to happen, But they

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Speaker 1: have drawn up plans, according to Daily Mail, to invade Greenland.

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Speaker 1: And what that would look like now the question is,

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Speaker 1: and we'll get into this a little bit next segment.

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Speaker 1: Doctor Michael Munger do economists on how Trump's handling the economy.

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Speaker 1: Is that Trump, with Greenland and many other things, is

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Speaker 1: trying to run the government or dictate public policy the

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Speaker 1: way he did his businesses, which is put out a

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Speaker 1: big threat. And we're seeing this with Jerome Powell, by

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Speaker 1: the way, with the threats of indictment coming in the

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Speaker 1: Grand Jury investigation. With Jerome Powell, the head of the

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Speaker 1: Federal Reserve. I tell you what I want, you don't

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Speaker 1: do what I want. I make a big threat to

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Speaker 1: you in hopes that you will cave and do most

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Speaker 1: of what I want in order to avoid the big threat.

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Speaker 1: That's how Trump ran his business, and that made him

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Speaker 1: a great business guy. I'm not saying it's a negative

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Speaker 1: right that he's a billionaire. He made a gajillion dollars.

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Speaker 1: He's lived an incredible life of luxury, and part of

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Speaker 1: that was because his cult to personality, his ability to

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Speaker 1: will things across the finish line, his ability to get

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Speaker 1: things done in A lot of that was centered around

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Speaker 1: the threat, the idea of if you don't do whatever,

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Speaker 1: then I'm going to do this, and you're not going

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Speaker 1: to like that. I don't know if you can run

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Speaker 1: the federal government that way. There's too many players involved

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Speaker 1: in business. It's like corporation v. Corporation, it's person v.

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Speaker 1: Person it's personality v. Personality. Here you got to deal

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Speaker 1: with that. Won this big giant bureaucracy, but also four

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Speaker 1: hundred and thirty five members of the House and one

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Speaker 1: hundred members of the Senate, and they all have a

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Speaker 1: lot of power in their own ways and so Tim Kaine,

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Speaker 1: he was Hillary Clinton's nominee for vice president. You may

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Speaker 1: remember him, Senator from Virginia. He said, the Congress will

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Speaker 1: absolutely stop Trump if he tries to invade Greenland.

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Speaker 2: Margaret, I think Congress will stop in both Democrats and Republicans.

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Speaker 2: This would be disastrous. It wouldn't just be America first.

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Speaker 2: It wouldn't just be the end of NATO. It would

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Speaker 2: be America alone. If we take our best allies, and

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Speaker 2: Denmark has been an ally for a very long time,

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Speaker 2: and we decide that we have the military ability to

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Speaker 2: seize territory for them, you will see the United States,

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Speaker 2: instead of being the world's chief diplomat and a leader

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Speaker 2: in the world, You'll see the United States isolated as

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Speaker 2: a pariah. And I've talked to my Republican colleagues. They

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Speaker 2: watch what the President has done isel in Venezuela. They

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Speaker 2: hear the threats against other nations.

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Speaker 1: I can tell you this.

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Speaker 2: We will force a vote in the Senate about no

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Speaker 2: US military action in Greenland or Denmark if we need to.

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Speaker 2: We will get overwhelming bipartisan support that this president is

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Speaker 2: foolish to even suggest this. We're not going to do it.

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Speaker 2: The hard way, and we're not going to do it

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Speaker 2: the easy way either. We're going to continue to work

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Speaker 2: with Denmark as a sovereign nation that we are allied with,

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Speaker 2: and we're not going to treat them as an adversary

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Speaker 2: or as an enemy.

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Speaker 1: Yeah, Ultimately it's going to come down to is the

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Speaker 1: juice worth the squeeze? Right? I mean that would take

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Speaker 1: a massive amount of political capital. It would probably be

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Speaker 1: seen as widely unpopular. I don't know if Trump would

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Speaker 1: be willing to go forward that, but it's Trump, so

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Speaker 1: you never know, you never know, you never know. It's

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Speaker 1: kind of a Casey show, keV producer, Kevin, I'm going

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Speaker 1: to bring you in for this if you can, if

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Speaker 1: you can hear me and participate, because you are a

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Speaker 1: musician and you have a profound love of music, classic

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Speaker 1: rock music. I saw this the Daily Star, which is

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Speaker 1: a British publication. They had ai put together what Elvis

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Speaker 1: might look like today. January eighth was Elvis's birthday. He

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Speaker 1: would have been ninety one years old, and they came

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Speaker 1: up with what Elvis would have looked like today. He

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Speaker 1: is not nearly as beautiful as Army or movie Elvis.

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Speaker 1: We will say that, But it got me thinking, keV,

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Speaker 1: because Elvis obviously was forty two years old when he passedway, look,

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Speaker 1: he had been in very serious health decline, but we

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Speaker 1: always remember him sort of as a young guy because

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Speaker 1: he never grew old. Same thing with Jimmy Hendrix, same

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Speaker 1: thing with Janis Joplin, same thing with Jim Morrison. There's

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Speaker 1: what was of these people, James Dean, isn't part of

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Speaker 1: why we remember them so fondly is they never really

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Speaker 1: had a chance to burn out. We always remember them

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Speaker 1: as being great.

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Speaker 7: Yeah, I feel like they're immortalized that way. But then

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Speaker 7: you look at people like Paul McCartney or Ringo Star.

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Speaker 7: At least with Paul McCartney, I feel like people still

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Speaker 7: see him as the same accomplished musician or artist.

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Speaker 1: Yeah, you're you're right, And so I do wonder, like,

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Speaker 1: let's say you had seen Elvis grow old and the

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Speaker 1: condition elbows was in that that might have not been great, right, Like,

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Speaker 1: do you really want to remember a five hundred pound

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Speaker 1: Elvis who's you know, on some bad reality show or whatever,

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Speaker 1: or with Jimmy Hendrix, you know what might have been?

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Speaker 1: I don't know. I just think a big part of

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Speaker 1: this is the idea that they will forever be in

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Speaker 1: our minds. I mean, Elvis wasn't obviously at the top

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Speaker 1: of his game when he went down, but he was

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Speaker 1: still young by life expectancy standards. He was still Elvis.

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Speaker 1: And I saw this and it was like, whoo, maybe

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Speaker 1: I'm kind of glad I didn't see him at ninety one.

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Speaker 1: All right, we'll take a break. When we come back,

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Speaker 1: doctor Michael Munger, Duke economist, will be with us. We'll

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Speaker 1: talk about this this big news that came out last

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Speaker 1: night that the Federal Reserve chair is under grand jury investigation,

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Speaker 1: and what that could do for the economy. How is

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Speaker 1: our economy actually doing? Does debt actually matter? Does the

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Speaker 1: national debt actually matter? We' get to all that in

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Speaker 1: more ninety three WIBC. So, just how is the US

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Speaker 1: economy doing? The Trump administration says, look at that stock market,

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Speaker 1: and then main Street says, maybe not so great. Let's

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Speaker 1: find out where it's really at. I had to do that.

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Speaker 1: We bring in one of the best of the business.

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Speaker 1: He is a renowned economist from Duke University. His name

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Speaker 1: is doctor Michael Munger. Doctor Munger, Hello, good morning. All right,

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Speaker 1: So before we get into the condition of the economy.

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Speaker 1: We talked about this earlier in the program. Jerome Palell,

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Speaker 1: the head of the Federal Reserve, has come out and

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Speaker 1: said I am under some sort of criminal investigation over

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Speaker 1: testimony to the Senate. This sounds very dangerous to me.

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Speaker 1: But you are the economics expert, what say you.

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Speaker 6: Well, this is a legal question. Announcing an investigation is

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Speaker 6: a big threat to a public official. And even if

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Speaker 6: you then dropped the investigation, that means that you have

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Speaker 6: shown the club behind the door that the administration possesses.

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Speaker 6: This is almost unprecedented to have a member because I

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Speaker 6: think he Trump would have preferred that Powell will resign.

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Speaker 6: He replaced someone else more compliant, and presidents always want that,

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Speaker 6: But no one else has dared to do this, So

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Speaker 6: I think this. I don't see any content to what

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Speaker 6: he's being investigated for. It's the announcement of the investigation

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Speaker 6: that is designed and to send him a message.

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Speaker 1: Doctor Bunger, how damaging could this be to the US economy?

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Speaker 1: Even if nothing comes of this. The Federal Reserve chair,

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Speaker 1: the head guy over there, he's a pretty important dude.

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Speaker 6: Well, there's two systems. One is you have an independent

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Speaker 6: federal Reserve and you've got some bureaucrat in charge of

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Speaker 6: the money supply, and that's bad. The other system is

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Speaker 6: you have politicians in charge of the money supply, and

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Speaker 6: that's way worse. That's far worse, because that means that

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Speaker 6: then the money supply is going to be determined by

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Speaker 6: your desire to be able to run a gigantic deficit

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Speaker 6: and using money to supply a deficit. That's what Argentina did,

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Speaker 6: That's what Zimbabwe did. So the reason we have a

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Speaker 6: bad system with the bureaucrat in charge of the money

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Speaker 6: supply is it's better than an even worse system, and

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Speaker 6: that is having a FED chair who is appointed just

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Speaker 6: to be a yes man to the president.

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Speaker 1: Doukee economist, doctor Michael Munger is our guest. Okay, so

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Speaker 1: what do you like? You're right, this is unprecedented territory.

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Speaker 1: Here is there an exit ramp with this? I mean

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Speaker 1: they've kind of opened the door now where I don't

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Speaker 1: understand how they're going to get out of this without

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Speaker 1: going forward.

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Speaker 6: Well, they will continue the investigation. This is pretty standard

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Speaker 6: Trump a negotiating technique. He describes it in his book,

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Speaker 6: and he always did it. He puts pressure on the

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Speaker 6: person he's negotiating with until they give him what he wants,

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Speaker 6: and if they don't give him what he wants, he

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Speaker 6: does something else. He'll change up the game, and so

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Speaker 6: in a week they might drop this and never mention

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Speaker 6: it again. He's trying to see if it works. He's

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Speaker 6: always probing to try to find weakness. And one of

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Speaker 6: the reasons that so for us that works fine in

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Speaker 6: one off real estate deal or in politics, it doesn't

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Speaker 6: work well in the economy because none of the business

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Speaker 6: community knows what the heck he's trying to do.

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Speaker 1: Yeah, I heard years ago somebody told me this. With

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Speaker 1: the stock market, you can say this is the most

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Speaker 1: accurate thing I've ever heard, or that you can say

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Speaker 1: that's the dumbest thing I've ever heard. With the business world,

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Speaker 1: there's good news and there's bad news, and they know

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Speaker 1: how to deal with. What they don't deal well with

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Speaker 1: is uncertainty.

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Speaker 6: I wish I'd said it. Milton Friedman famously said he

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Speaker 6: was asked once, Milton Friedman, the Chicago economist, Professor Friedman,

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Speaker 6: what would be the best tax system, and he says,

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Speaker 6: whatever tax system we have now, the worst thing would

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Speaker 6: be to not know what taxes I'm going to owe

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Speaker 6: a year from now. If I'm a business, I can't

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Speaker 6: invest if I don't know what the taxes are going

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Speaker 6: to be a year from now. Or say it with me,

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Speaker 6: the tariffs, if I don't know what the tariffs are

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Speaker 6: going to be a year from now. So if Trump

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Speaker 6: would pick a trade policy and stick with it, we'd

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Speaker 6: be okay, even if it's one that has really high tariffs.

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Speaker 6: But they're up there down did some girl smile at

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Speaker 6: me today? There's no telling what he is trying to do,

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Speaker 6: and that means the business community is confused. And you

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Speaker 6: said it, well, what I can't deal with is not knowing.

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Speaker 1: Yeah, Doctor Michael mungerdok economist is our guest. Okay, So

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Speaker 1: half of this radio show is stuff fifteen years ago

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Speaker 1: I stole from you. And one of the phrases that

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Speaker 1: you have used over the years that I think is

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Speaker 1: great as DAFT deficits our future taxes. And we talk

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Speaker 1: about this a lot as it relates to the out

433
00:23:13,200 --> 00:23:16,320
Speaker 1: of control spending. Can you talk about I mean we're

434
00:23:16,400 --> 00:23:18,919
Speaker 1: thirty eight going on thirty nine trillion in debt, the

435
00:23:19,119 --> 00:23:23,600
Speaker 1: long term ramifications that will have to not only future generations,

436
00:23:23,640 --> 00:23:25,359
Speaker 1: but people now potentially.

437
00:23:26,840 --> 00:23:30,440
Speaker 6: The big difficulty that we have is that the United

438
00:23:30,480 --> 00:23:34,720
Speaker 6: States is pretty sound financially, and that is people will

439
00:23:34,720 --> 00:23:36,960
Speaker 6: still loan US money. So suppose you were a business

440
00:23:37,080 --> 00:23:40,040
Speaker 6: and you were worried about going bankrupt, As long as

441
00:23:40,040 --> 00:23:43,359
Speaker 6: you have lines of credit where their banks will say sure, yeah,

442
00:23:43,680 --> 00:23:45,600
Speaker 6: we will open up a new line of credit, you

443
00:23:45,640 --> 00:23:48,320
Speaker 6: could borrow another million dollars next year. That's a position

444
00:23:48,400 --> 00:23:51,560
Speaker 6: the US is in. Everyone will loan US money, and

445
00:23:51,680 --> 00:23:54,800
Speaker 6: it's like a little kid who has a key to

446
00:23:55,160 --> 00:23:58,160
Speaker 6: the cookie cabinet. We keep going back and say, well,

447
00:23:58,640 --> 00:24:01,040
Speaker 6: we don't need to actually do anything, we can just

448
00:24:01,160 --> 00:24:05,120
Speaker 6: borrow more. And so the difficulty that the US has

449
00:24:05,200 --> 00:24:08,440
Speaker 6: is precisely that it is so powerful financially that other

450
00:24:08,520 --> 00:24:11,720
Speaker 6: people will still loan US money. The result is, and

451
00:24:11,760 --> 00:24:15,480
Speaker 6: I've been saying this, as you said, for fifteen years,

452
00:24:15,600 --> 00:24:18,680
Speaker 6: let's admit I've been consistently wrong. I thought we would

453
00:24:18,680 --> 00:24:22,160
Speaker 6: not be able to borrow this amount of money. Wrong. Wrong.

454
00:24:22,560 --> 00:24:25,880
Speaker 6: In case nobody heard that I was wrong, I did

455
00:24:25,920 --> 00:24:27,960
Speaker 6: not think we would be able to borrow this much.

456
00:24:28,040 --> 00:24:30,439
Speaker 6: I don't know why people are still loaning US money,

457
00:24:30,840 --> 00:24:34,520
Speaker 6: but I do know that twenty five percent of the

458
00:24:34,520 --> 00:24:39,680
Speaker 6: federal budget is interest on the deficit. Another forty five

459
00:24:39,720 --> 00:24:44,800
Speaker 6: percent is Social Security and Medicare, which we also borrowed,

460
00:24:44,800 --> 00:24:46,760
Speaker 6: and we spent all the money that we took.

461
00:24:47,119 --> 00:24:47,320
Speaker 1: Rob.

462
00:24:47,359 --> 00:24:50,639
Speaker 6: I don't know if you know. I'm old. I get

463
00:24:50,680 --> 00:24:54,240
Speaker 6: four thousand dollars a month from you and the listeners.

464
00:24:54,280 --> 00:24:56,160
Speaker 6: I want to thank all of you young people because

465
00:24:56,160 --> 00:24:58,840
Speaker 6: it is really great. I'm rich as hell, but I

466
00:24:58,920 --> 00:25:01,919
Speaker 6: get four thousand dollars here's a month from you, young people.

467
00:25:02,440 --> 00:25:05,240
Speaker 6: And you know it's true that over my whole life,

468
00:25:05,320 --> 00:25:07,920
Speaker 6: I looked it up, I put five hundred thousand dollars

469
00:25:08,000 --> 00:25:11,480
Speaker 6: into the Social Security system. It's gone, it's all spent.

470
00:25:12,080 --> 00:25:15,480
Speaker 6: So it's not just the deficit, it's the overhang of

471
00:25:15,920 --> 00:25:18,480
Speaker 6: social Security in medicare. If you add up interest on

472
00:25:18,560 --> 00:25:21,600
Speaker 6: the debt, social Security and Medicare, that's sixty percent of

473
00:25:21,600 --> 00:25:24,800
Speaker 6: the federal budget. What are we doing? What is it

474
00:25:24,800 --> 00:25:26,439
Speaker 6: where you would say, you know, what we'd really like

475
00:25:26,560 --> 00:25:29,240
Speaker 6: is to have a government pay interest to other people

476
00:25:29,600 --> 00:25:31,399
Speaker 6: and to give money to rich old people.

477
00:25:32,119 --> 00:25:34,080
Speaker 1: Here's the thing, though you look great for eighty seven

478
00:25:34,200 --> 00:25:34,640
Speaker 1: years old.

479
00:25:35,520 --> 00:25:37,720
Speaker 6: I was hoping you'd say that I was fishing for

480
00:25:37,760 --> 00:25:38,320
Speaker 6: a compliment.

481
00:25:39,280 --> 00:25:42,120
Speaker 1: Doctor Michael Mugger, duke economist is our guests. So where

482
00:25:42,119 --> 00:25:44,280
Speaker 1: are we at with the economy? Because the stock market

483
00:25:44,359 --> 00:25:46,720
Speaker 1: seems to keep going up. Trump's telling us how hot

484
00:25:46,760 --> 00:25:49,480
Speaker 1: it is, but Biden said the same thing, and Main

485
00:25:49,480 --> 00:25:52,119
Speaker 1: Street was like, yes, it's not going so great, and

486
00:25:52,160 --> 00:25:54,359
Speaker 1: it seems like people aren't buying the way they used to,

487
00:25:54,720 --> 00:25:57,439
Speaker 1: you know, out in the in the communities, like, how

488
00:25:57,440 --> 00:25:58,880
Speaker 1: do we make sense of this? Where are we at?

489
00:25:59,800 --> 00:26:02,600
Speaker 6: If you want to make sense of it, you shouldn't

490
00:26:02,600 --> 00:26:05,359
Speaker 6: talk to me. We've already established I've been consistently wrong.

491
00:26:05,880 --> 00:26:08,960
Speaker 6: I can't say this A bunch of idiots in Glann

492
00:26:09,000 --> 00:26:11,520
Speaker 6: I'm looking at you. Paul Krugman, a bunch of New

493
00:26:11,600 --> 00:26:15,720
Speaker 6: York Times self appointed god's economy, said, oh, the tariffs

494
00:26:15,760 --> 00:26:19,600
Speaker 6: are going to cause inflation. Tariffs cannot cause inflation. Tariffs

495
00:26:19,600 --> 00:26:23,120
Speaker 6: are a change in relative prices, and so unsurprisingly, inflation

496
00:26:23,200 --> 00:26:26,159
Speaker 6: has not gone up very much. What has happened is

497
00:26:26,200 --> 00:26:29,359
Speaker 6: that the prices of some products have increased, but the

498
00:26:29,359 --> 00:26:33,000
Speaker 6: price of gas has fallen. Our economy is doing okay.

499
00:26:33,600 --> 00:26:38,760
Speaker 6: And the Trump people look at that and they say, well,

500
00:26:38,800 --> 00:26:41,480
Speaker 6: I guess everybody was wrong. Our policy is good. No,

501
00:26:42,119 --> 00:26:45,720
Speaker 6: the US economy would be on fire if Trump had

502
00:26:45,800 --> 00:26:49,480
Speaker 6: chosen sensible economic policies. Many a lot of what he

503
00:26:49,520 --> 00:26:54,359
Speaker 6: did was sensible, but the tariffs, the uncertainty, the threats

504
00:26:54,400 --> 00:26:56,760
Speaker 6: to the FED chair. If he would just stay in

505
00:26:56,800 --> 00:27:00,600
Speaker 6: his damn lane, we could very easily. He could have

506
00:27:00,680 --> 00:27:03,200
Speaker 6: twice the growth rate that it has now, the stock

507
00:27:03,280 --> 00:27:05,760
Speaker 6: market with two thousand points higher than it is now.

508
00:27:05,880 --> 00:27:09,560
Speaker 6: So we're doing okay, and Trump is right. You look

509
00:27:09,560 --> 00:27:12,080
Speaker 6: at the numbers. We're doing all right. I must be

510
00:27:12,160 --> 00:27:14,800
Speaker 6: doing the right thing. He's not. It would be much

511
00:27:14,960 --> 00:27:17,560
Speaker 6: better if he would just behave sensibly.

512
00:27:17,960 --> 00:27:20,560
Speaker 1: Why doesn't he do that? I mean he's a brilliant guy, right,

513
00:27:20,600 --> 00:27:22,399
Speaker 1: I mean he's made all sorts of money. Like he

514
00:27:22,480 --> 00:27:24,560
Speaker 1: has to know that, doesn't he, Like is there some

515
00:27:25,080 --> 00:27:27,600
Speaker 1: super secret strategy here or is he just a guy

516
00:27:27,640 --> 00:27:30,200
Speaker 1: without any self constrain like.

517
00:27:30,280 --> 00:27:34,080
Speaker 6: Most of us, and I would include myself. If you're

518
00:27:34,080 --> 00:27:37,520
Speaker 6: an expert in something, you credit yourself with being an

519
00:27:37,560 --> 00:27:40,520
Speaker 6: expert in everything. Yeah, and you know so often that

520
00:27:40,560 --> 00:27:42,720
Speaker 6: gets thrown back in my face. I've sort of cured

521
00:27:42,760 --> 00:27:46,440
Speaker 6: myself of it. He really has a genius for negotiating

522
00:27:46,840 --> 00:27:50,400
Speaker 6: business deals, and he has an idea in his head

523
00:27:50,880 --> 00:27:53,320
Speaker 6: that if I give you money and you give me

524
00:27:53,359 --> 00:27:57,240
Speaker 6: a thing, I've lost, that hurts me. If I give

525
00:27:57,280 --> 00:27:58,960
Speaker 6: you money and you give me a thing I need,

526
00:27:59,160 --> 00:28:02,200
Speaker 6: that hurts me. So if we buy something from another

527
00:28:02,240 --> 00:28:05,120
Speaker 6: country and our money goes out and goods come in,

528
00:28:05,560 --> 00:28:09,480
Speaker 6: we've lost. He's mistaken about that if you look all

529
00:28:09,560 --> 00:28:14,200
Speaker 6: of his policies derived from that fundamentally flawed premise. Now,

530
00:28:14,640 --> 00:28:16,880
Speaker 6: there's a lot of problems with trade. There are things

531
00:28:16,960 --> 00:28:19,720
Speaker 6: that you might say other countries are behaving unfairly, but

532
00:28:19,760 --> 00:28:22,680
Speaker 6: the argument for free trade is buy and large unilateral.

533
00:28:22,960 --> 00:28:25,320
Speaker 6: We are better off being able to buy things more

534
00:28:25,400 --> 00:28:28,480
Speaker 6: cheaply than we could make them. Any business faces a

535
00:28:28,520 --> 00:28:30,800
Speaker 6: make or buy decision, and if you can buy it

536
00:28:30,880 --> 00:28:33,680
Speaker 6: cheaper than you could make it, you're not losing by

537
00:28:33,720 --> 00:28:36,800
Speaker 6: giving out money and getting the thing, you're gaining because

538
00:28:36,800 --> 00:28:39,120
Speaker 6: then you have more money to spend on other stuff.

539
00:28:39,560 --> 00:28:43,640
Speaker 6: And so there's a fundamental mistake that motivates Donald Trump's

540
00:28:43,680 --> 00:28:46,720
Speaker 6: understanding of the world, and that is trade policy. He

541
00:28:46,800 --> 00:28:51,080
Speaker 6: often confuses the federal deficit and the trade deficit. Well,

542
00:28:51,160 --> 00:28:54,960
Speaker 6: the federal deficits bad. He's right. Trade deficit could be bad,

543
00:28:55,000 --> 00:28:56,959
Speaker 6: but he puts way too much emphasis on it.

544
00:28:57,720 --> 00:28:59,800
Speaker 1: Before I let you go, we always do this disclaimer.

545
00:29:00,000 --> 00:29:02,120
Speaker 1: You are basically the reason I'm here today. You are

546
00:29:02,160 --> 00:29:04,520
Speaker 1: one of the people who inspired me to get involved

547
00:29:04,560 --> 00:29:07,240
Speaker 1: in politics. So everybody who hears this number one rated

548
00:29:07,320 --> 00:29:09,840
Speaker 1: radio program, they can thank you Monger.

549
00:29:10,720 --> 00:29:13,880
Speaker 6: It's a terrible responsibility. I wake up at night screaming

550
00:29:13,960 --> 00:29:14,920
Speaker 6: just thinking about that.

551
00:29:15,320 --> 00:29:18,800
Speaker 1: No where could people find you on the internet if

552
00:29:18,800 --> 00:29:21,040
Speaker 1: they'd like to read more or hear more about you.

553
00:29:22,000 --> 00:29:25,360
Speaker 6: My Twitter account is at Mungowitz mu n g o

554
00:29:25,960 --> 00:29:32,640
Speaker 6: Wiz at mungowitz and you can also read you can

555
00:29:32,680 --> 00:29:35,960
Speaker 6: listen to my podcast, which is the answer is transaction

556
00:29:36,080 --> 00:29:38,520
Speaker 6: cost The answer is transaction costs.

557
00:29:38,840 --> 00:29:40,880
Speaker 1: Doctor Michael Bonger, one of the best in the game.

558
00:29:40,880 --> 00:29:41,600
Speaker 1: Thank you, my friend.

559
00:29:42,400 --> 00:29:44,320
Speaker 6: Thanks very much. It was a pleasure as always.

560
00:29:44,400 --> 00:29:50,960
Speaker 1: Yeah ninety three WIBC It's Kenvill and Casey Show. Oh

561
00:29:51,040 --> 00:29:54,040
Speaker 1: my goodness, there was so much football over the past

562
00:29:55,000 --> 00:29:58,280
Speaker 1: what four days, we got to give it its own segment.

563
00:29:58,320 --> 00:30:00,600
Speaker 1: It's Kennel and Casey. Sean Rob Let's go to the

564
00:30:00,720 --> 00:30:04,880
Speaker 1: WIBC hotline. A man who knows this football almost as

565
00:30:04,880 --> 00:30:07,680
Speaker 1: well as he knows his betting. Jason Hammer, one half

566
00:30:07,680 --> 00:30:11,760
Speaker 1: of the Hammer of Nigel Show, joins us now Hammer, Hello, why.

567
00:30:11,680 --> 00:30:14,680
Speaker 5: Does producer Kevin hate me? Why do you bring me

568
00:30:14,720 --> 00:30:16,520
Speaker 5: in with sweet Home Alabama?

569
00:30:16,880 --> 00:30:18,600
Speaker 6: That's just such a middle finger to me.

570
00:30:18,920 --> 00:30:20,880
Speaker 1: Yeah, I didn't even think about that, but that's maybe

571
00:30:20,920 --> 00:30:22,640
Speaker 1: what you deserve. According to a lot of people, is

572
00:30:22,640 --> 00:30:25,320
Speaker 1: a big giant middle finger. All right, So let's talk

573
00:30:25,360 --> 00:30:27,400
Speaker 1: about IU first, because I think that is the story

574
00:30:27,440 --> 00:30:30,880
Speaker 1: not only captivating the state but also the nation. If

575
00:30:30,960 --> 00:30:34,560
Speaker 1: these guys win the national Championship a week from today

576
00:30:34,880 --> 00:30:38,240
Speaker 1: in Miami, is that the greatest story in the history

577
00:30:38,240 --> 00:30:39,120
Speaker 1: of college sports?

578
00:30:40,960 --> 00:30:43,080
Speaker 6: Man, it's up there. It really is.

579
00:30:43,280 --> 00:30:44,680
Speaker 1: The two year turnaround.

580
00:30:44,880 --> 00:30:47,200
Speaker 5: Now what I think people are forgetting because I see

581
00:30:47,200 --> 00:30:49,840
Speaker 5: a lot of the national media jumping on this thing up.

582
00:30:50,160 --> 00:30:51,600
Speaker 6: It's a Cinderella story.

583
00:30:52,160 --> 00:30:54,440
Speaker 5: They were pretty good a year ago. They made it

584
00:30:54,480 --> 00:30:56,959
Speaker 5: to the College Football Playoff, and the only games they

585
00:30:57,120 --> 00:30:59,680
Speaker 5: lost a year ago were the two teams that played

586
00:30:59,680 --> 00:31:01,959
Speaker 5: in the New Championship. So it's kind of been a

587
00:31:01,960 --> 00:31:06,120
Speaker 5: two year run here under coach Sigg. But the story's

588
00:31:06,200 --> 00:31:08,800
Speaker 5: going to be pretty strong, and the way they've been

589
00:31:08,800 --> 00:31:12,160
Speaker 5: doing it, lob I said this on Friday when I

590
00:31:12,160 --> 00:31:16,000
Speaker 5: did the News Nation thing. They're just bullying some of

591
00:31:16,040 --> 00:31:18,840
Speaker 5: the biggest names in the sport. They're not just beating them,

592
00:31:18,960 --> 00:31:23,400
Speaker 5: they're out muscling Ohio State, Alabama and now Oregon.

593
00:31:23,560 --> 00:31:25,760
Speaker 1: Yeah. I mean I think about like on our degenerates

594
00:31:25,760 --> 00:31:27,800
Speaker 1: next to our sports betting podcast, you and I made

595
00:31:27,840 --> 00:31:29,920
Speaker 1: a at the start of the year, Hey, pick some

596
00:31:30,080 --> 00:31:33,200
Speaker 1: outlier to make the college football playoff and I picked

597
00:31:33,200 --> 00:31:36,280
Speaker 1: them at five to one to just make the playoff, right,

598
00:31:36,360 --> 00:31:39,280
Speaker 1: just simply make the playoff. And they're the best team

599
00:31:39,280 --> 00:31:41,800
Speaker 1: in the country and it's not even close. Everybody totally

600
00:31:41,840 --> 00:31:45,600
Speaker 1: missed it with these guys this year, and Signetti, I

601
00:31:45,640 --> 00:31:47,840
Speaker 1: think has I'll turn over to you on this. One

602
00:31:47,880 --> 00:31:49,560
Speaker 1: of the things that I think Signetti has done very

603
00:31:49,560 --> 00:31:51,560
Speaker 1: well is you got a bunch of men out there,

604
00:31:51,720 --> 00:31:54,000
Speaker 1: like you got twenty three and twenty four year old guys,

605
00:31:54,280 --> 00:31:56,680
Speaker 1: and when they're competing against nineteen year old guys, look,

606
00:31:56,720 --> 00:31:58,440
Speaker 1: give me the twenty three twenty four year old guys

607
00:31:58,480 --> 00:32:00,920
Speaker 1: every single time, but they've.

608
00:32:00,760 --> 00:32:03,280
Speaker 5: Got to be the right twenty three year old guys.

609
00:32:03,520 --> 00:32:07,120
Speaker 5: Because take the IU basketball program the last three to

610
00:32:07,200 --> 00:32:09,440
Speaker 5: four years for an example, they spent a lot of

611
00:32:09,480 --> 00:32:12,560
Speaker 5: money on nil and it was the wrong dudes. They

612
00:32:12,560 --> 00:32:14,080
Speaker 5: were the type of dudes that would go out to

613
00:32:14,120 --> 00:32:16,720
Speaker 5: the bars and flash their money at people and then

614
00:32:16,760 --> 00:32:19,360
Speaker 5: go out in the court and you lose. Like, that's

615
00:32:19,480 --> 00:32:21,800
Speaker 5: not the type of dudes you want to bring in.

616
00:32:22,080 --> 00:32:24,440
Speaker 5: It's got to be a group of guys that want

617
00:32:24,480 --> 00:32:26,920
Speaker 5: to play as a team. And I know that's such

618
00:32:26,920 --> 00:32:32,000
Speaker 5: a cliche, cheesy thing to say, but again, IU doesn't

619
00:32:32,000 --> 00:32:35,240
Speaker 5: have any five star recruits on that last year. One

620
00:32:35,680 --> 00:32:38,720
Speaker 5: that shows you that the people doing the reviews of

621
00:32:38,800 --> 00:32:40,720
Speaker 5: some of the athletes don't know their anus from a

622
00:32:40,760 --> 00:32:43,680
Speaker 5: hole in the ground. But two, when you get that

623
00:32:44,000 --> 00:32:47,640
Speaker 5: on your shoulder, help Tom Brady use that his entire career.

624
00:32:47,880 --> 00:32:51,160
Speaker 5: He was drafted late. When you find motivated dudes like

625
00:32:51,240 --> 00:32:53,720
Speaker 5: that Dad, that want to play and want to get better,

626
00:32:54,080 --> 00:32:55,160
Speaker 5: you can go on a run.

627
00:32:55,800 --> 00:32:59,720
Speaker 1: Hammer joins us. Let's turn our attention to the NFL

628
00:33:00,160 --> 00:33:03,200
Speaker 1: best fifty bucks I ever lost the Bears, they beat

629
00:33:03,200 --> 00:33:05,680
Speaker 1: the Packers. What all comeback? If we're going to say

630
00:33:05,720 --> 00:33:08,400
Speaker 1: I use the greatest story maybe in the history of

631
00:33:08,440 --> 00:33:11,440
Speaker 1: college sports, that's one of the greatest wins ever. Right,

632
00:33:11,480 --> 00:33:13,400
Speaker 1: hammered down eighteen and a half and the way they

633
00:33:13,400 --> 00:33:15,120
Speaker 1: did it. How about those Bears.

634
00:33:16,560 --> 00:33:20,080
Speaker 5: Listen, I am so angry that you did not take

635
00:33:20,120 --> 00:33:24,680
Speaker 5: our advice of hedging your bets, cause fifty bucks for

636
00:33:24,720 --> 00:33:27,680
Speaker 5: you is like one thousand bucks to anybody else. You

637
00:33:27,840 --> 00:33:30,680
Speaker 5: bet fifty bucks in the packers because you are guaranteeing

638
00:33:30,760 --> 00:33:33,680
Speaker 5: yourself some sort of satisfaction at the end of the game.

639
00:33:33,920 --> 00:33:37,400
Speaker 5: And at halftime, when Green Bay was just rolling the Bears,

640
00:33:37,800 --> 00:33:40,360
Speaker 5: we all jumped on the gambling thread and said it'd

641
00:33:40,360 --> 00:33:43,920
Speaker 5: be worth just betting five bucks on the Bears right now.

642
00:33:44,080 --> 00:33:47,960
Speaker 5: Why not? Five bucks would have paid you seventy five, Bob, But.

643
00:33:47,960 --> 00:33:48,600
Speaker 6: You didn't do it.

644
00:33:48,960 --> 00:33:52,120
Speaker 5: You didn't do it, and now you're down fifty heading

645
00:33:52,160 --> 00:33:52,800
Speaker 5: into this week.

646
00:33:52,920 --> 00:33:54,120
Speaker 6: So America wants to know.

647
00:33:54,680 --> 00:33:57,520
Speaker 5: Indiana wants to know. Are you going to double down?

648
00:33:57,680 --> 00:33:57,760
Speaker 7: Oh?

649
00:33:57,800 --> 00:34:00,800
Speaker 1: One hundred percent? Absolutely now. And I told you this

650
00:34:00,880 --> 00:34:03,120
Speaker 1: in the thread. If I'd have put that five dollars

651
00:34:03,160 --> 00:34:05,000
Speaker 1: on them, they'd have lost by thirty five points. I

652
00:34:05,000 --> 00:34:06,840
Speaker 1: would have just like I just would have lost. I

653
00:34:06,880 --> 00:34:08,759
Speaker 1: would have lost five dollars and then I would have

654
00:34:08,760 --> 00:34:10,960
Speaker 1: been pissed off. Here's the thing, and this is what

655
00:34:11,000 --> 00:34:13,360
Speaker 1: I keep telling people. All the Bears have to do

656
00:34:13,440 --> 00:34:15,960
Speaker 1: is win four games to win the Super Bowl at

657
00:34:16,000 --> 00:34:19,800
Speaker 1: fifty dollars a game. That's two hundred dollars. You're telling

658
00:34:19,840 --> 00:34:22,239
Speaker 1: me any person that's any sort of avid sports fan

659
00:34:22,280 --> 00:34:24,640
Speaker 1: in this country that that if I said, you have

660
00:34:24,680 --> 00:34:26,480
Speaker 1: to pay two hundred dollars and your team will win

661
00:34:26,520 --> 00:34:29,680
Speaker 1: the championship. Look, I am such a betting poison hammer

662
00:34:29,760 --> 00:34:31,560
Speaker 1: that the best thing I can do for the Bears

663
00:34:31,760 --> 00:34:33,719
Speaker 1: is to bet against them. I got to spend two

664
00:34:33,760 --> 00:34:36,040
Speaker 1: hundred dollars to help the Bears win the championship.

665
00:34:37,200 --> 00:34:39,960
Speaker 5: And if you think about it this way, like tickets,

666
00:34:40,040 --> 00:34:42,600
Speaker 5: if you wanted to go to a game, way more

667
00:34:42,680 --> 00:34:43,880
Speaker 5: than two hundred dollars.

668
00:34:44,120 --> 00:34:46,399
Speaker 6: If you go to some sort of viewing party, you're

669
00:34:46,440 --> 00:34:47,480
Speaker 6: gonna spend money on.

670
00:34:47,480 --> 00:34:50,719
Speaker 5: Food and drinks, probably gonna end up being over two

671
00:34:50,760 --> 00:34:54,879
Speaker 5: hundred dollars. You can ride in theory the entire postseason

672
00:34:55,120 --> 00:34:57,920
Speaker 5: out and pay two hundred bucks for your team to

673
00:34:57,920 --> 00:35:00,640
Speaker 5: win a championship. I like it. I'm here for that

674
00:35:00,840 --> 00:35:02,840
Speaker 5: because I'm that level of superstitious.

675
00:35:02,960 --> 00:35:04,759
Speaker 1: All Right, tell us what's coming up this afternoon on

676
00:35:04,800 --> 00:35:06,000
Speaker 1: The Hammer and Nigel Show.

677
00:35:07,480 --> 00:35:10,520
Speaker 5: Week have the biggest stories of the weekend. Guy Relford

678
00:35:10,520 --> 00:35:14,080
Speaker 5: comes by from Monday gun Day, and don't forget. I

679
00:35:14,080 --> 00:35:17,600
Speaker 5: believe there's still just a few tickets left for our

680
00:35:17,680 --> 00:35:21,520
Speaker 5: charity bowling event this Friday at Woodland Bowl, Red White

681
00:35:21,520 --> 00:35:25,600
Speaker 5: and Bowl, presented by Jack Daniels. They just added some

682
00:35:25,640 --> 00:35:29,640
Speaker 5: tickets late last week. They might be sold out, but please,

683
00:35:29,680 --> 00:35:31,799
Speaker 5: if you want to go, it's a good time. Buy

684
00:35:31,840 --> 00:35:33,759
Speaker 5: him right now at WIBC dot com.

685
00:35:33,840 --> 00:35:37,360
Speaker 1: Jason Hammer, thank you, thank you. All Right, it's Ketley

686
00:35:37,440 --> 00:35:40,720
Speaker 1: Casey Show. I saw this bo I'm Rob Casey's out today.

687
00:35:40,960 --> 00:35:43,799
Speaker 1: I saw this story on the Indianapolis Star website and

688
00:35:43,800 --> 00:35:46,600
Speaker 1: I thought, oh my gosh, this is actually happening. So

689
00:35:46,680 --> 00:35:49,000
Speaker 1: obviously we are in an election year, right, it is

690
00:35:49,040 --> 00:35:50,560
Speaker 1: twenty twenty six.

691
00:35:51,239 --> 00:35:51,520
Speaker 5: We are.

692
00:35:51,719 --> 00:35:54,080
Speaker 1: The primary season is beginning air in earnest, the filing

693
00:35:54,080 --> 00:35:56,320
Speaker 1: window is open, and the race that is really probably

694
00:35:56,360 --> 00:35:59,040
Speaker 1: going to captivate all the attention coming up this fall

695
00:35:59,200 --> 00:36:01,200
Speaker 1: is going to be the Secretary of States race. I mean,

696
00:36:01,200 --> 00:36:05,560
Speaker 1: this is probably the absolute last chance for the Democrats

697
00:36:05,760 --> 00:36:07,719
Speaker 1: to win a statewide office. If they can't do it

698
00:36:07,719 --> 00:36:10,160
Speaker 1: against Diego Morales, then they might as well just pack

699
00:36:10,200 --> 00:36:11,719
Speaker 1: it up and say we're done as a party. We

700
00:36:12,000 --> 00:36:16,040
Speaker 1: don't even need to exist anymore. And they have, in

701
00:36:16,640 --> 00:36:20,440
Speaker 1: a great, great stroke of luck, they have managed to

702
00:36:20,480 --> 00:36:23,200
Speaker 1: get bo Bai, the son of Evan by former governor

703
00:36:23,239 --> 00:36:26,520
Speaker 1: and senator and a grandson a Birch by former famous

704
00:36:26,600 --> 00:36:29,760
Speaker 1: US senator, to agree to run for Secretary of State.

705
00:36:30,400 --> 00:36:33,799
Speaker 1: And he has announced today Indie Star amongst others, with

706
00:36:33,840 --> 00:36:38,080
Speaker 1: the report that he has raised nearly two million dollars

707
00:36:38,440 --> 00:36:41,840
Speaker 1: in the first three months that he has been running

708
00:36:42,480 --> 00:36:46,040
Speaker 1: for Secretary of State. That is more, according to the Star,

709
00:36:46,680 --> 00:36:50,279
Speaker 1: than every Democrat who's vied for the office in the

710
00:36:50,320 --> 00:36:54,480
Speaker 1: past decade, in their entire election cycle. So in three months,

711
00:36:54,520 --> 00:36:57,160
Speaker 1: this guy has raised more than any person who's ran

712
00:36:57,200 --> 00:37:00,600
Speaker 1: for the holy election cycle in the past decade. Like

713
00:37:00,680 --> 00:37:02,520
Speaker 1: this is an amazing amount of money for a guy

714
00:37:02,520 --> 00:37:07,160
Speaker 1: with no political experience whatsoever. Wasn't even out in politics.

715
00:37:07,160 --> 00:37:11,879
Speaker 1: It wasn't like he's been working for political candidates or officeholders.

716
00:37:12,239 --> 00:37:14,319
Speaker 1: He was a member of the military and then he

717
00:37:14,320 --> 00:37:17,719
Speaker 1: worked for a federal judge. And so that shows you

718
00:37:17,840 --> 00:37:22,680
Speaker 1: the power, at least in the Democrat circles that the

719
00:37:22,840 --> 00:37:27,920
Speaker 1: Bye name still has. Now, will it translate across the board?

720
00:37:27,960 --> 00:37:30,680
Speaker 1: Will it translate in November? I don't know, and we

721
00:37:30,760 --> 00:37:32,480
Speaker 1: told Bo when he was on this show what about

722
00:37:32,520 --> 00:37:34,840
Speaker 1: a month ago, I said, the biggest challenge you're going

723
00:37:34,920 --> 00:37:37,680
Speaker 1: to have is that your party's loudest voices are a

724
00:37:37,680 --> 00:37:40,640
Speaker 1: bunch of insane people, and in people in Indiana. While

725
00:37:40,640 --> 00:37:42,080
Speaker 1: they might like you, and you might be a heck

726
00:37:42,120 --> 00:37:43,640
Speaker 1: of a nice guy, and you might come off as

727
00:37:43,680 --> 00:37:47,120
Speaker 1: normal and mainstream, which he is. So far, he's already

728
00:37:47,120 --> 00:37:49,680
Speaker 1: said things like voter id are going to stay exactly

729
00:37:49,719 --> 00:37:51,040
Speaker 1: as they are. We're not going to mess with that.

730
00:37:52,520 --> 00:37:56,719
Speaker 1: The reality is you are up against other people in

731
00:37:56,760 --> 00:37:59,440
Speaker 1: your party who are very loud, who are very vocal,

732
00:37:59,440 --> 00:38:01,719
Speaker 1: who are very out there, and the average person looks

733
00:38:01,719 --> 00:38:04,120
Speaker 1: at them and goes, that's an insane person and if

734
00:38:04,120 --> 00:38:06,880
Speaker 1: they're the voice of that party, no thank you. So

735
00:38:07,000 --> 00:38:08,640
Speaker 1: this is going to be fascinating because there's a lot

736
00:38:08,640 --> 00:38:10,759
Speaker 1: of people who believe, I think Bobai is one of them,

737
00:38:11,040 --> 00:38:13,839
Speaker 1: that he will be able to raise ten million dollars. Look,

738
00:38:13,880 --> 00:38:15,879
Speaker 1: Diego Morales has handed out a lot of no bid

739
00:38:15,880 --> 00:38:19,520
Speaker 1: contracts the current Republican Secretary of State, and he's conveniently

740
00:38:19,600 --> 00:38:22,080
Speaker 1: gotten some nice donations for those people who got no

741
00:38:22,080 --> 00:38:24,160
Speaker 1: bid contracts. He ain't going to be able to hand

742
00:38:24,160 --> 00:38:26,480
Speaker 1: out enough no bid contracts between now November to get

743
00:38:26,520 --> 00:38:29,279
Speaker 1: ten million dollars in donations. So it's going to be

744
00:38:29,320 --> 00:38:32,839
Speaker 1: one of the super rare times in all likelihood that

745
00:38:32,880 --> 00:38:36,120
Speaker 1: the Democrat is going to end up with the money advantage,

746
00:38:36,680 --> 00:38:39,200
Speaker 1: that the Democrat is going to be able to probably

747
00:38:39,320 --> 00:38:41,960
Speaker 1: run more ads, get more name id out there than

748
00:38:41,960 --> 00:38:45,920
Speaker 1: the Republican. Recent polling has shown Diego Morales way underwater

749
00:38:45,960 --> 00:38:47,920
Speaker 1: from people who know who he is. Most of the

750
00:38:47,960 --> 00:38:49,480
Speaker 1: people in the States still don't know who he is,

751
00:38:49,520 --> 00:38:52,480
Speaker 1: which is in total indictment of Diego and his staff,

752
00:38:53,239 --> 00:38:55,920
Speaker 1: considering he has spent the past year, in the past

753
00:38:55,960 --> 00:38:59,400
Speaker 1: four years rather essentially, including three of those as the

754
00:38:59,440 --> 00:39:03,520
Speaker 1: Secretary of State, he has been using his office as

755
00:39:03,560 --> 00:39:06,759
Speaker 1: a twenty four to seven campaign machine, and yet most

756
00:39:06,760 --> 00:39:08,279
Speaker 1: people still don't know who he is, and those who

757
00:39:08,280 --> 00:39:10,759
Speaker 1: do know who is don't like him. So the Democrats

758
00:39:11,080 --> 00:39:14,920
Speaker 1: are for once going to have every opportunity to actually

759
00:39:14,920 --> 00:39:18,040
Speaker 1: win a statewide election. The question is can they get

760
00:39:18,040 --> 00:39:21,920
Speaker 1: it together, Can they messaging wise, be normal enough not

761
00:39:21,960 --> 00:39:25,080
Speaker 1: to screw this kid over? It's gonna be fascinating. We'll see,

762
00:39:25,120 --> 00:39:27,600
Speaker 1: all right, let's take a break, coming up next hour.

763
00:39:28,480 --> 00:39:33,120
Speaker 1: The government shut down and then reopening potentially had big,

764
00:39:33,160 --> 00:39:35,600
Speaker 1: big ramifications for Indiana. We'll tell you about what that

765
00:39:35,680 --> 00:39:38,200
Speaker 1: industry is and how it could affect you. It's Kenny

766
00:39:38,280 --> 00:39:39,840
Speaker 1: Casey Show ninety three, VERBC