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Speaker 1: Lie from Hart and the Crossroads of America. It's Tony

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Speaker 1: Katz today.

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Speaker 2: Donald Trump, in the wake of the tragic murder.

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Speaker 3: If Charlie Kirk has decided to exploit that tragedy to

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Speaker 3: try to silence his political opponents, I think Kimmel is

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Speaker 3: just the beginning. I think you're going to see a

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Speaker 3: potential dizzy campaign of political repression against anyone who opposes

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Speaker 3: this president.

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Speaker 4: Was it political repression?

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Speaker 5: When The New York Post had the Hunter Biden laptop

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Speaker 5: story cold and social media networks, under pressure from the

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Speaker 5: Biden Whitehouse, refused to allow it to be shared. That's

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Speaker 5: the question for Senator Chris Murphy, who on one day

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Speaker 5: is telling us where it war and then the next

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Speaker 5: day said, no one's ever said where it wore. Tomy,

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Speaker 5: you can't make that up, Tony Katz, Tony Katz today,

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Speaker 5: good to be with you. But to the point he's

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Speaker 5: pretending to make there we said it on this show

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Speaker 5: that you better believe that there are gonna be a

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Speaker 5: lot of people who are going to walk the line

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Speaker 5: regarding Charlie Kirk, invoking his name, invoking his memory, engaging

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Speaker 5: in well.

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Speaker 4: We were friends, and you'll never be able to know

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Speaker 4: whether they were or they weren't. I'm thinking the person's

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Speaker 4: gonna tell you.

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Speaker 5: I met Charlie Kirk once in my life, and I

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Speaker 5: doubt he would have remembered it.

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Speaker 4: We were at we were at Seapac and I saw

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Speaker 4: him standing there.

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Speaker 5: He was just standing there and I had I don't

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Speaker 5: know if I had just spoken or I was going

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Speaker 5: to speak at an event at a turning Point chapter

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Speaker 5: here in Central Indiana. I said, Hey, Tony Katzen will

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Speaker 5: be speaking at one of your chapters.

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Speaker 4: Good to meet you all. The best toy it was.

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Speaker 5: It was literally that, and he was like, oh, hey,

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Speaker 5: pleasure and that was that was it.

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Speaker 4: That was it.

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Speaker 5: Near the check in of the Gaylord Hotel at National

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Speaker 5: Harbor in Maryland.

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Speaker 4: That was the only time we've ever spoken.

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Speaker 5: I don't claim to have relationships that I don't have.

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Speaker 5: I think it's weird when people do that. I do

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Speaker 5: think some people are going to do that because sometimes people.

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Speaker 4: Are what they are.

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Speaker 5: But is there no doubt there's going to be conversations

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Speaker 5: about Charlie Kirk in a way of invoking to then

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Speaker 5: engage another subjectly, Oh, by the way, he was assassinated.

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Speaker 5: A guy planned to kill him, took to a rooftop,

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Speaker 5: made sure he had the right firearm from his father,

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Speaker 5: which belonged to his grandfather, killed him, and then made

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Speaker 5: sure he had a change of clothes so he could

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Speaker 5: try to escape.

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Speaker 4: I think a lot of people are going to talk

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Speaker 4: about it.

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Speaker 5: I think it's going to be in a lot of

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Speaker 5: people's heads for a long time because we saw this

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Speaker 5: guy at the age of thirty one get executed live.

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Speaker 5: I mean, you tend not to forget those things, you

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Speaker 5: tend to recall them, and it tends to in a

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Speaker 5: lot of.

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Speaker 4: People shape what comes next. By the way, you have.

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Speaker 5: Turning Point announcing that Kak Kirk will be the new

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Speaker 5: CEO and chairman of the board, I'm not surprised by

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Speaker 5: this at all. If we go back to her video

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Speaker 5: standing next to Charlie Kirk's radio chair in the studio

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Speaker 5: making that that statement, I mean, I was stunned.

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Speaker 2: I was a maze.

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Speaker 5: She was standing upright, her husband was executed two days earlier,

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Speaker 5: and she's making a video. I mean, that's something else.

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Speaker 5: But I absolutely would say that that video was about

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Speaker 5: letting Turning Point know. I mean, there's a there's an

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Speaker 5: organization there and there's donors there, and there's a future there.

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Speaker 4: There are people employed there.

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Speaker 5: They may have said to themselves that time in their grief,

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Speaker 5: what what's gonna happen next?

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Speaker 4: It was about settling those people down.

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Speaker 5: We're here, We've got this, and this move is about

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Speaker 5: a level of continuity. Turning Point says that this was

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Speaker 5: always the plan, that Charlie had made his wishes known,

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Speaker 5: that he wanted Erica to be the one to take

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Speaker 5: over in the event something had happened. I have no

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Speaker 5: reason not to take their word on that ten thousand percent.

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Speaker 4: Why would I even question it.

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Speaker 5: I have no one understanding of the inner workings of

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Speaker 5: Turning Points. I don't believe I know any of the

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Speaker 5: board members. I've never looked up the board members of

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Speaker 5: Turning Point USA. Erica will be the one in charge?

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Speaker 5: Will she be a public face?

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Speaker 6: Privately?

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Speaker 4: I did. I don't have an answer for Burry your husband.

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Speaker 5: Engage your mourning as you see fit, and I wish

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Speaker 5: you well, that's the most I can do. But Trump's

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Speaker 5: going to exploit the murder of Charlie Kirk, Is that right?

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Speaker 5: That's what's going to happen. Sure mentioning it, discussing it

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Speaker 5: saying look at what this person did, look at how

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Speaker 5: he was radicalized, Look at the people radicalizing him.

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Speaker 4: Same people radicalized the.

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Speaker 5: Assassin of Charlie Kirk, radicalized, the guy who tried to

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Speaker 5: shoot me in Butler pencil mania, kill me, hit me.

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Speaker 5: It's not exploitation when it's part of a larger debate

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Speaker 5: about violence and the desire to destroy your political enemy

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Speaker 5: by dehumanizing.

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Speaker 4: Them, it isn't.

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Speaker 5: Meanwhile, President Trump was in London. He was there for

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Speaker 5: a state visit with King Charles, and then he had

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Speaker 5: the press conference with a Cure Starmer. It was very interesting,

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Speaker 5: very very interesting. It seemed that the press really loved

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Speaker 5: that Trump.

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Speaker 4: Was there and they were using that as a.

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Speaker 5: Way to get at Kre Starmer. I don't think there's

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Speaker 5: a lot of respect or love for Starmer in the UK,

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Speaker 5: that is my overarching take.

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Speaker 4: But there is Trump there.

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Speaker 5: They're announcing a tech deal, is what they're announcing, A

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Speaker 5: two hundred billion dollar technical deal that is taking place,

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Speaker 5: what they called a tech Prosperity deal that's going to

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Speaker 5: bring thousands of jobs and billions in investments in artificial intelligence,

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Speaker 5: quantum computing, and nuclear energy. The deal might be worth

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Speaker 5: two hundred billion dollars. So they were discussing this and

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Speaker 5: other questions got asked, including questions regarding Vladimir Putin.

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Speaker 7: The one that I thought would be easiest would be

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Speaker 7: because of my relationship with President Putin. But he's let

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Speaker 7: me down. He's really let me down. Who's going to

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Speaker 7: be uh in Ukraine. But we'll see how that turns out.

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Speaker 7: But that turned out to be I thought it might

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Speaker 7: be among the easiest of the group. But we had

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Speaker 7: settled just about every conflict, and as you know, we're

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Speaker 7: working very hard on Israel and Gusha.

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Speaker 6: Oh that's happening over there.

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Speaker 4: To admit, that's a rare thing to do. It's a

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Speaker 4: rare thing to.

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Speaker 5: Do, or maybe it's a rare thing for Trump to do.

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Speaker 5: I thought it'd be easier, but I don't know if

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Speaker 5: that's going to get any play. Well, that's a statement.

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Speaker 5: I thought we were going to be able to do X,

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Speaker 5: Y and Z. I thought we were going to able

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Speaker 5: to be able to make things happen. Putin has not

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Speaker 5: been forthcoming, And he continued.

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Speaker 8: Mister President, you say that President Putin has let you down,

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Speaker 8: having Nego stations run out of road, and what are

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Speaker 8: your next steps to compel and end to this war.

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Speaker 6: He has let me down.

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Speaker 7: I mean, he's killing many people, and he's losing more

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Speaker 7: people than he's you know, than he's killing. I mean, frankly,

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Speaker 7: the Russian soldiers are being killed at a higher rate

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Speaker 7: than the Ukrainian soldiers. But yeah, he said, let me down.

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Speaker 7: I don't like to see it's death. You know, it

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Speaker 7: doesn't affect the United States. We have other than unless

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Speaker 7: you end up in a world war over this thing.

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Speaker 6: You could.

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Speaker 7: This was a thing that would have never happened had

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Speaker 7: I been president. If I were president, would have never happened.

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Speaker 7: And it didn't happen for four years people most people

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Speaker 7: agree it didn't happen, nor was it close to happen.

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Speaker 7: And I spoke to President Putin about Ukraine. It was

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Speaker 7: the apple of his eye. I've said that many times.

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Speaker 6: It was.

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Speaker 7: But he would have never done what he did except

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Speaker 7: that he didn't respect the leadership of the United.

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Speaker 4: States, which is undoubtedly true.

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Speaker 5: He saw an opportunity and took it, and I, as

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Speaker 5: I have argued.

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Speaker 4: He's going to keep taking it until he gets what

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Speaker 4: he wants.

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Speaker 5: The president, and it did bring up as the conversation

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Speaker 5: led to and questions were asked about the assassination of

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Speaker 5: Charlie Kirk.

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Speaker 7: Just last week, a great American, Charlie Kirk, was heteously

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Speaker 7: assassinated for speaking his mind. He was a great young man,

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Speaker 7: incredible future. Some people said he might be president some day.

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Speaker 7: I told him, I said, Charlie, I think you have

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Speaker 7: a good shot some day at being president.

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Speaker 6: And he just wanted to take care of youth. He

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Speaker 6: loved youth.

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Speaker 7: He was I've never seen anybody relate to youths like Charlie,

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Speaker 7: and they related to him, and they're devastated. But I

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Speaker 7: appreciate the many British citizens who have offered their condolences,

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Speaker 7: and again, Charlie was a great person.

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Speaker 6: We'll be going out to a service on Sunday. I'll

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Speaker 6: be leaving with some.

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Speaker 7: Of the people in this room just to celebrate Charlie

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Speaker 7: and all that he's done is so incredible.

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Speaker 6: Never seen anything like it.

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Speaker 7: But I hope that together our nations can lead a

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Speaker 7: movement to defend that Gloria's to do and freedom on

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Speaker 7: both sides of the Atlantic. There could be no greater

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Speaker 7: tribute to the immortal bonds of affection and loyalty that

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Speaker 7: unite the British and the American people for all of time.

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Speaker 7: We have a relationship like no other. It will always

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Speaker 7: be that way. We will always be united, we will

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Speaker 7: always be together. And I just want to thank you,

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Speaker 7: mister Prime Minister, for the great job I think you're doing.

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Speaker 6: Thank you very much.

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Speaker 5: It was a very There was a couple of times

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Speaker 5: in this presser and with King Charles where he was

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Speaker 5: very focused on the connectivity.

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Speaker 4: Now, some of that language is always State.

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Speaker 5: Department language, and of course Secretary of State Rubio is there,

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Speaker 5: and these things are important.

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Speaker 4: As a matter of fact. There are certain phrases that.

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Speaker 5: Are utilized based on the country, our strong relationship, our

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Speaker 5: warm relationship, our respectively.

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Speaker 4: Like there's these terminologies that are agreed to friend or

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Speaker 4: a very good friend, like things like that. But this

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Speaker 4: was that line.

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Speaker 2: That he used.

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Speaker 5: I hope together that our nations can lead a movement

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Speaker 5: to defend the Gloriou tradition of freedom on both sides

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Speaker 5: of the Atlantic.

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Speaker 4: And this goes along with the line he's said in

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Speaker 4: front of.

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Speaker 5: King Charles about protecting and supporting and defending the values

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Speaker 5: of the English speaking world. Now that's a statement and

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Speaker 5: I will get into it if you haven't heard me

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Speaker 5: do this, because I argue that what he's.

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Speaker 4: Saying there is he's saying to the United Kingdom.

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Speaker 5: It is up to us to ensure that the Islamists

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Speaker 5: don't win, that the people who want to destroy Western

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Speaker 5: civilization and Toto don't win. And of course the UK

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Speaker 5: has a massive immigration issue and a massive violence issue

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Speaker 5: because of it, they have of course an issue with

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Speaker 5: their entire future.

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Speaker 4: And so I think this wording was.

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Speaker 5: Very, very purposeful. But the one that got me was

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Speaker 5: does this involve the actual question.

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Speaker 6: We have to remember?

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Speaker 4: It doesn't.

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Speaker 5: Okay, I don't know which clip I had, so this

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Speaker 5: this reporter gets up and I'm telling you, I don't

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Speaker 5: think they're fans of Starmer in the UK. And this

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Speaker 5: reporter gets up and says, mister President here in the UK,

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Speaker 5: Prime Minister Starmer, I don't do a British accent because

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Speaker 5: if I do, it sounds like Monty Python and that's

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Speaker 5: not what you want. On the subject of Israel and

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Speaker 5: Gaza has agreed to recognize a Palestinian state. You think

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Speaker 5: he's wrong about this, explain, I mean the reporters a

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Speaker 5: couple of times were like, Hey, can we get these

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Speaker 5: two to fist fight. That's how it appeared to me.

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Speaker 5: But Trump was asked about Israel and the stance of

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Speaker 5: Prime Minister Starmer regarding a Kalistonian state.

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Speaker 7: We have to remember October seventh one of the worst

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Speaker 7: most violent days in the history of the world, not

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Speaker 7: just there, in the history of the world. And I

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Speaker 7: got to see the tapes, and I wish I didn't

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Speaker 7: see them, actually, but I got to see them. And

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Speaker 7: I want an end. I want the hostages released, and

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Speaker 7: I think it's going to be okay. But it has

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Speaker 7: been a brutal period of time. But this has been

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Speaker 7: going on for a long time. This is not something

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Speaker 7: that's over the last year two years, but this has

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Speaker 7: been for decades and decades. But we wanted to end.

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Speaker 7: We have to have the hostages back immediately. That's what

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Speaker 7: the people of Israel want. They want them back, and

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Speaker 7: we want the fighting to stop.

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Speaker 6: And it's going to stop. But a lot of bad things.

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Speaker 9: You know.

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Speaker 7: Hamas said that they're going to put the hostages up

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Speaker 7: as debit. They're going to put the hostages in front

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Speaker 7: of any attack, and that's pretty brutal.

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Speaker 6: We haven't heard that one in a long time, so

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Speaker 6: we have to remember that.

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Speaker 7: So I have a disagreement with the Prime Minister on

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Speaker 7: that score, okay, one of our few disagreements.

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Speaker 5: Actually outrageously diplomatic answer. But Hamas has been utilizing hostages

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Speaker 5: and others as human shields since the beginning of Hamas,

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Speaker 5: So this is nothing new, actually, mister President. And we

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Speaker 5: should be clear that the UK is completely wrong, Canada

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Speaker 5: is completely wrong. It is despicable to recognize the idea

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Speaker 5: of Palestine, which is to say we recognize hamas a

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Speaker 5: terrorist organization, which is to say they won murder twelve

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Speaker 5: hundred people and you get recognized as a state. That's gross.

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Speaker 5: And Kir Starmer is wrong. And while I can appreciate

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Speaker 5: Trump being very very political and politically correct, there, I

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Speaker 5: would have rathered the Kir Starmer's wrong and shame on him.

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Speaker 4: I'm Tony Katz. This is Tony Katz today.

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Speaker 5: Now there are statements, and there are statements, and then

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Speaker 5: there is whatever is that. Jamie Raskin says. Jamie Raskin

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Speaker 5: so outraged by the firing, if you will, of Jimmy

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Speaker 5: Kimmel by ABC.

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Speaker 2: So outraged.

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Speaker 4: PUK Show hosts tour like that.

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Speaker 5: He took to sorry, I didn't want to play that

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Speaker 5: too early, took to the airwaves of MSNBC to ensure

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Speaker 5: nobody heard him, except of course me sharing what he said,

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Speaker 5: and wants you to know how valuable the television talk

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Speaker 5: show host is.

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Speaker 1: UK show hosts wur like modern Tom Paynes, Commerson, Jamie Raskin,

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Speaker 1: thank you so much shows.

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Speaker 5: My sorry got myself a little tongue tied there because

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Speaker 5: what I heard is so insane talk show hosts or

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Speaker 5: what talk show hosts who are like modern Tom Payns,

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Speaker 5: Thomas Pain, ladies and gentlemen.

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Speaker 4: Common sense No wrote the pamphlet Common Sense.

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Speaker 5: If that's the argument you want to make that somehow

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Speaker 5: Thomas Paine or that Jimmy Kimmels like Thomas Pain, you

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Speaker 5: can make that argument, but you sound insane. You sound crazed.

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Speaker 5: And if you're going to speak that way about the

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Speaker 5: people who really speak freely, who really engage every way,

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Speaker 5: who really connect with the people, they ain't on TV.

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Speaker 5: They're right here. It's the radio host. I wonder if

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Speaker 5: he was gonna call me a Thomas Paine. Somebody asked

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Speaker 5: Jamie Raskin, would you consider radio hosts to be like

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Speaker 5: Thomas pain or only the like minded television host. When

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Speaker 5: you say that the TV hosts are like Thomas Payin,

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Speaker 5: do you mean gutfeldt. I think we need to dig

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Speaker 5: into this. We need to dig into this crazy. No

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Speaker 5: one owes Jimmy Kimmel a platform, No one ABC owes him.

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Speaker 4: Nothing, zero less than zero he owes them.

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Speaker 5: Did he ever think in all his commentaries whether or

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Speaker 5: not he was hurting the business? Listen, I say what

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Speaker 5: I want to say. I discuss the subjects I want

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Speaker 5: to discuss.

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Speaker 4: I get no notes. But am I aware of sponsors?

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Speaker 5: And am I aware of the business and not utilizing

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Speaker 5: words that I'm not allowed to use? And not engaging

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Speaker 5: in phrasing that can bring a problem to these people?

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Speaker 4: Of course?

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Speaker 5: And I'm still able to more than well engage.

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Speaker 4: He didn't.

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Speaker 5: Don't you think there should be some some personal responsibility

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Speaker 5: for that? Thomas Payne ask him about Gottfeld to ask

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Speaker 5: him about radio hosts. Let's see if the answer is

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Speaker 5: the same way. This is Tony Katz. Today, you've got

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Speaker 5: the rates lowered a quarter point, gonna make the markets happy.

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Speaker 5: One would assume they were up yesterday. They're up over

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Speaker 5: two hundred in the pre market, on the down on

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Speaker 5: the NASDAK.

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Speaker 4: But if you're lowering the rate a quarter.

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Speaker 5: Point the federal funds rate, you're saying the inflation is done,

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Speaker 5: it's complete, it's settled in.

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Speaker 4: Well, that's not true. This economy is weird. Tony Katz.

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Speaker 5: Doctor mattwill joins as economist at the UNI University of Indianapolis.

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Speaker 5: The pressure to cut was absolutely massive. The three point

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Speaker 5: three percent a GDP, the retail sales of being up,

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Speaker 5: what we saw just for some more recent information about

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Speaker 5: producer price index stuff.

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Speaker 4: But the inflation still exists.

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Speaker 5: So talk to me about the rationale and the reasoning

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Speaker 5: behind this quarter point cut.

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Speaker 10: Well, well, the rationale was pretty simple. It was one

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Speaker 10: hundred percent politics. There was so much pressure on him

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Speaker 10: to do this. I mean even the new FED chairman,

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Speaker 10: you know, Stephen Meron, he was pushing for even a

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Speaker 10: bigger cut. The other FED representatives, they were pushing for cuts.

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Speaker 10: The president was you know, people on Wall Street, they

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Speaker 10: loved their low rate drug.

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Speaker 2: And he had no choice.

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Speaker 10: This was really a political you know, he had some

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Speaker 10: backbone for a couple of months, and now he's caved

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Speaker 10: and he's not even lost his backbone. Now he's making

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Speaker 10: bad decisions across the board. So this was just an

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Speaker 10: embarrassing decision. He could have done a bigger rate cut

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Speaker 10: with some combined with some other decisions, or he could

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Speaker 10: have done no rate cut to fight inflation. This guy

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Speaker 10: doesn't know what he's doing. Jerome Pal needs to go.

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Speaker 5: Well, I don't think you're gonna get disagreement from people

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Speaker 5: like say President Trump. But the quarter point conversation doesn't

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Speaker 5: seem like it's anything that makes anybody happy. It's not

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Speaker 5: making markets happy, doesn't make main street happy, is certainly

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Speaker 5: not politically is it going to make anybody happy? The

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Speaker 5: new FED chair, not the FED chair, new member of

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Speaker 5: the Federal Reserve Miron wanted the half point. Everybody else

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Speaker 5: was agreed on the quarter point as we saw the

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Speaker 5: results of the vote. So why not go the step

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Speaker 5: to the half point and say, all right, you want

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Speaker 5: to let it ride.

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Speaker 2: Let it ride.

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Speaker 10: Well, he made a very specific statement in the statement.

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Speaker 10: Jerome Pal said he called it risk management because he

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Speaker 10: was nervous about Okay, jobs stack at the.

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Speaker 2: Moment, and we've seen the job data.

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Speaker 10: I mean, it's just it's embarrassing how bad the job

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Speaker 10: numbers are at the moment, and then we still have

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Speaker 10: this is very high inflation, four point eight percent. Remember

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Speaker 10: I'm the take the current month, multiply by twelve guy,

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Speaker 10: and last month zero point four percent. That's four point

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Speaker 10: eight per the year. This is a massive increase in inflation.

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Speaker 10: So he is in a no win situation. He wants

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Speaker 10: to create jobs and he wants to control inflation, so

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Speaker 10: he would he'd had nothing. He didn't know what to do.

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Speaker 10: But that's part of the problem here. They have two

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Speaker 10: mandates to create jobs and reduce inflation. Those are contradictory mandates.

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Speaker 10: They can the government can't create jobs. This has got

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Speaker 10: to stop and they need to focus only on inflation.

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Speaker 2: The job part of it is bogus.

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Speaker 5: Talking with doctor Matt Will, economists at the University of Indianapolis,

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Speaker 5: this brings us to the idea of inflation. I have

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Speaker 5: not seen anything that proves to me that inflation is

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Speaker 5: down and any way enough to cut rates. I know

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Speaker 5: people want it, and I get their point. I get

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Speaker 5: their argument. I'm willing to see what happens. But the

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Speaker 5: mask tells me that if the inflation is not down,

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Speaker 5: that cutting rates puts more cash into a system and

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Speaker 5: the inflation persists. Are we about to see an upgrade

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Speaker 5: in inflation?

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Speaker 10: Yes, you know, I'm You always ask me to predict

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Speaker 10: and I refuse, but I'm predicting on this and it's

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Speaker 10: not just a prediction. The CPI was outrageous, The ism

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Speaker 10: inflation was outrage just the core PCE was outrageous. No

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Speaker 10: inflation is here and it's very strong. The economy is

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Speaker 10: still growing though. You know, this is where Trump deserved

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Speaker 10: a lot of credit. And the economy is three point

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Speaker 10: three percent up. But it's starting to be AI driven again.

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Speaker 10: You know you mentioned the market is up this morning.

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Speaker 10: It is up this morning, but it has nothing to

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Speaker 10: do with the rate cuts. When the rate cuts were announced,

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Speaker 10: the market state exactly flat. In fact, it was the

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Speaker 10: S and P went down and the Dow jones way up.

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Speaker 10: There was nothing that impacted the market from the rate

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Speaker 10: cuts because it was as expected. What's driving the market

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Speaker 10: now is AI Micron capital expenditures, Broadcom ten billion in

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Speaker 10: new orders, and Vidia announcer investing in Intel.

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Speaker 4: So don't steal on my thunder in video.

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Speaker 5: The chip maker is investing five billion in Intel after

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Speaker 5: the United States takes a ten percent stake in Intel,

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Speaker 5: which I vehemently oppose. But there's a real interesting question

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Speaker 5: about Invidia because that's been one of the stocks. You know,

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Speaker 5: we talked about last year and how the market did,

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Speaker 5: and there are basically these seven stocks AI stocks that

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Speaker 5: lifted the rest of the market. In Video was one

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Speaker 5: of those, as you discussed on Tony kats today very

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Speaker 5: often talking to doctor Matt Wyll, economist at the University

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Speaker 5: of Indianapolis, Dr Matt will on the Twitter X find

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Speaker 5: him there.

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Speaker 4: Then do we hear that China.

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Speaker 5: Is saying, don't buy in Vidia chips, don't engage within Vidia.

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Speaker 5: We don't want Chinese companies doing anything within Vidia.

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Speaker 4: But you already had the allowance from.

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Speaker 5: The Trump administration for Nvidia assault hips in China, so

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Speaker 5: which China would reverse engineer the chips, steal the intellectual property,

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Speaker 5: and then screwing Vidio by putting out a lower cost chip.

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Speaker 4: Now China is saying, don't even use it. What is

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Speaker 4: happening here?

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Speaker 10: What's happening in his politics? This is where you know,

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Speaker 10: I'm one hundred percent on board with your analysis. Is

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Speaker 10: Trump shouldn't be investing in Intel. I think, and I

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Speaker 10: think Nvidia is investing Intel for two reasons. One is

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Speaker 10: there's excess capacity. It's a loser company. They can't make

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Speaker 10: any chips. Nobody's buying their chips. So they're saying, hey,

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Speaker 10: there's excess capacity, we need capacity, we're short of capacity.

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Speaker 10: We'll just buy some factories. We'll invest in factories.

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Speaker 2: And they'll make our chips. The other part is politics.

444
00:25:43,440 --> 00:25:46,120
Speaker 10: You know now that Trump is invested in Nvidia, he's

445
00:25:46,160 --> 00:25:49,520
Speaker 10: an owner. Well, hey, I'm Invidia, I mean in Intel.

446
00:25:49,640 --> 00:25:52,080
Speaker 10: He's investing in Intel. So Nvidia is going to jump

447
00:25:52,080 --> 00:25:54,760
Speaker 10: in and be happy with Trump. Isn't that what everybody

448
00:25:54,800 --> 00:25:56,840
Speaker 10: wants to do. They want to make Trump their best friend.

449
00:25:57,000 --> 00:25:59,040
Speaker 10: The King of England wants to make him his best friend.

450
00:25:59,440 --> 00:26:03,000
Speaker 10: So it's just politics being involved here. And you're right,

451
00:26:03,680 --> 00:26:07,399
Speaker 10: you're right. China has n video chips. They now have

452
00:26:07,680 --> 00:26:09,440
Speaker 10: you bought a whole bunch of them, and they're saying,

453
00:26:09,480 --> 00:26:12,160
Speaker 10: get lost, We're going to invent these ourselves. We'll reverse engineering,

454
00:26:12,200 --> 00:26:12,879
Speaker 10: we'll do it ourselves.

455
00:26:12,920 --> 00:26:13,479
Speaker 2: Bye bye.

456
00:26:14,280 --> 00:26:17,040
Speaker 4: I mean, that's that's exactly what they're going to do.

457
00:26:17,480 --> 00:26:21,480
Speaker 5: The investment of five billion into Intel does it change

458
00:26:21,520 --> 00:26:23,720
Speaker 5: the fact that Intel has been a pretty lousy company.

459
00:26:25,359 --> 00:26:27,520
Speaker 10: Does it change Do you mean, does it make them

460
00:26:27,520 --> 00:26:30,920
Speaker 10: into a good company. Yeah, no, it doesn't make them

461
00:26:30,920 --> 00:26:34,440
Speaker 10: into a good company. But they're just buying capacity. En

462
00:26:34,560 --> 00:26:38,080
Speaker 10: Videos just buying capacity. There's such a demand for their chips.

463
00:26:38,200 --> 00:26:42,040
Speaker 10: So a good example, Broadcom got a ten billion dollar

464
00:26:42,200 --> 00:26:45,280
Speaker 10: order for AI chips. That's one of their competitors, a

465
00:26:45,359 --> 00:26:48,159
Speaker 10: ten billion dollar order. En Video sitting around thinking we

466
00:26:48,200 --> 00:26:50,360
Speaker 10: should have that order. Why didn't we get that order?

467
00:26:50,560 --> 00:26:53,640
Speaker 10: We need more factories. So they're just buying Intel because

468
00:26:53,680 --> 00:26:55,639
Speaker 10: Intel's got lots of excess capacity.

469
00:26:56,000 --> 00:26:57,440
Speaker 2: It's just a good business decision.

470
00:26:58,080 --> 00:27:01,840
Speaker 5: Talking to doctor Matt Well, economist the University of Indianapolis.

471
00:27:03,200 --> 00:27:06,880
Speaker 5: One other question here, and this is one about American Express.

472
00:27:06,920 --> 00:27:09,959
Speaker 5: It was a story on CNBC. It's a very interesting story.

473
00:27:10,080 --> 00:27:14,440
Speaker 5: This is the headline. American Express unveils refreshed Platinum card

474
00:27:14,760 --> 00:27:17,879
Speaker 5: with eight hundred and ninety five dollars annual fee, upping

475
00:27:17,920 --> 00:27:21,199
Speaker 5: the anti in luxury cards. Now full disclosure, I have

476
00:27:21,240 --> 00:27:23,600
Speaker 5: a Platinum card. It is a six hundred ninety five

477
00:27:23,600 --> 00:27:26,960
Speaker 5: dollars annual fee. This has now been raised. But they're

478
00:27:26,960 --> 00:27:30,159
Speaker 5: going to give you all sorts of benefits. There's an

479
00:27:30,240 --> 00:27:33,880
Speaker 5: argument that's often made that in this economy, the richer

480
00:27:34,000 --> 00:27:38,600
Speaker 5: getting richer and the poor getting poorer. Is that this

481
00:27:39,920 --> 00:27:43,040
Speaker 5: is AMEX saying, well, you are already part of the

482
00:27:43,160 --> 00:27:45,920
Speaker 5: luxury brand. Let us make it even more luxury by

483
00:27:45,920 --> 00:27:49,359
Speaker 5: costing even more, so you'll feel more excitement about your

484
00:27:49,440 --> 00:27:50,280
Speaker 5: luxury card.

485
00:27:50,920 --> 00:27:53,280
Speaker 4: Is this what we're seeing? Is this an.

486
00:27:53,160 --> 00:27:56,399
Speaker 5: Example of Hey, if the richer getting richer, might as

487
00:27:56,400 --> 00:27:57,560
Speaker 5: well get a couple extra bucks.

488
00:27:58,160 --> 00:27:59,960
Speaker 10: Okay, first of all, it's not the rich getting rich.

489
00:28:00,119 --> 00:28:03,200
Speaker 10: The wealth gap is a fake phenomenon. It's fake news,

490
00:28:03,200 --> 00:28:07,399
Speaker 10: as we say. But what is happening is an a

491
00:28:07,560 --> 00:28:10,240
Speaker 10: full disclosure. I have the high end AMEX cards also.

492
00:28:10,320 --> 00:28:11,480
Speaker 10: I got two of them, and.

493
00:28:11,440 --> 00:28:13,000
Speaker 4: I got to asell you.

494
00:28:13,080 --> 00:28:17,879
Speaker 10: What they've learned is that that market when you and I, Tony,

495
00:28:17,920 --> 00:28:20,399
Speaker 10: when I add up the benefits I get. I mean,

496
00:28:20,440 --> 00:28:21,960
Speaker 10: I showed someone the other day who wants to get a.

497
00:28:21,960 --> 00:28:22,560
Speaker 2: New credit card.

498
00:28:22,600 --> 00:28:24,280
Speaker 10: I said, look at the benefits I'm getting. And this

499
00:28:24,320 --> 00:28:25,600
Speaker 10: is not a commercial for AMX.

500
00:28:25,640 --> 00:28:27,920
Speaker 2: Please. I showed them I was getting.

501
00:28:27,720 --> 00:28:30,600
Speaker 10: About six thousand dollars a year in AMEX benefits.

502
00:28:31,200 --> 00:28:32,560
Speaker 4: You know what, they could probably.

503
00:28:32,320 --> 00:28:33,840
Speaker 10: Afford to charge me a little bit more, and I'll

504
00:28:33,840 --> 00:28:35,239
Speaker 10: probably suck it up and pay for it.

505
00:28:37,040 --> 00:28:39,360
Speaker 5: Also, I am not doing an ad for AMEX, but

506
00:28:39,360 --> 00:28:41,560
Speaker 5: if they want to be advertisers, this will be the

507
00:28:41,640 --> 00:28:46,080
Speaker 5: right place to do it. I'd be a fantastic MX spokesperson.

508
00:28:47,600 --> 00:28:50,080
Speaker 5: Really nothing, no, no, no backing me up.

509
00:28:50,040 --> 00:28:50,720
Speaker 4: There, doctor Will.

510
00:28:52,480 --> 00:28:55,520
Speaker 10: I am one hundred percent on board. I mean, it's embarrassing.

511
00:28:55,520 --> 00:28:57,160
Speaker 10: I don't want to be a shill. But I love

512
00:28:57,240 --> 00:28:59,720
Speaker 10: my AMEX card. I get so many benefits I get.

513
00:28:59,760 --> 00:29:03,080
Speaker 10: I get two free global round trip airfares in first

514
00:29:03,080 --> 00:29:04,480
Speaker 10: class off of my AMX card.

515
00:29:04,840 --> 00:29:06,880
Speaker 2: This is an impressive card. I really like it.

516
00:29:07,600 --> 00:29:11,160
Speaker 5: We will talk more about all of your perks. The

517
00:29:11,280 --> 00:29:13,400
Speaker 5: chatroom wants to know why the wealth gap is fake,

518
00:29:13,480 --> 00:29:15,120
Speaker 5: but we will have to discuss that.

519
00:29:15,360 --> 00:29:16,080
Speaker 4: At another time.

520
00:29:16,200 --> 00:29:20,240
Speaker 5: Doctor Matt Will Economists, University of Indianapolis. Dr Matt will

521
00:29:20,480 --> 00:29:23,880
Speaker 5: Will on the Twitter x more coming up. This is

522
00:29:23,920 --> 00:29:24,920
Speaker 5: Tony Katz today.

523
00:29:25,200 --> 00:29:26,760
Speaker 6: One of the things I've been thinking a lot about

524
00:29:26,840 --> 00:29:27,560
Speaker 6: lately is like.

525
00:29:29,880 --> 00:29:32,840
Speaker 11: This idea that all of these guns just enable us

526
00:29:32,880 --> 00:29:33,440
Speaker 11: to have freedom.

527
00:29:34,040 --> 00:29:35,440
Speaker 4: I don't feel very free right.

528
00:29:35,320 --> 00:29:38,920
Speaker 11: Now, right I don't think when somebody like Charlie Kirk

529
00:29:38,960 --> 00:29:41,480
Speaker 11: is able to be assassinated like that, that that makes

530
00:29:41,520 --> 00:29:44,320
Speaker 11: us a more free country, even if I vehemently agree

531
00:29:44,440 --> 00:29:46,800
Speaker 11: disagree with everything that he's ever said.

532
00:29:47,240 --> 00:29:49,360
Speaker 4: Wow, you really spend a lot of time thinking about that,

533
00:29:49,440 --> 00:29:50,000
Speaker 4: David Hog.

534
00:29:50,840 --> 00:29:54,880
Speaker 5: That was a real deep thought to have to come

535
00:29:54,920 --> 00:29:59,280
Speaker 5: to that political assassinations is not the way to being

536
00:29:59,280 --> 00:29:59,880
Speaker 5: a more free kin.

537
00:30:01,080 --> 00:30:01,360
Speaker 4: You know what.

538
00:30:02,720 --> 00:30:05,520
Speaker 5: Good on you for at least coming to the right

539
00:30:05,600 --> 00:30:10,240
Speaker 5: place that you actually had to think on that. Well, okay,

540
00:30:10,360 --> 00:30:13,480
Speaker 5: you know what, you know what. That's that's me being cynical.

541
00:30:13,880 --> 00:30:20,440
Speaker 5: Shan't be cynical. Let us just say well done, Tony Katz,

542
00:30:20,520 --> 00:30:23,920
Speaker 5: Tony Katz today, good to be with you. I think

543
00:30:23,960 --> 00:30:26,479
Speaker 5: it's still amazing that people interviewed David Hogg as if

544
00:30:26,520 --> 00:30:29,640
Speaker 5: he has anything at all to offer.

545
00:30:30,520 --> 00:30:32,960
Speaker 4: But this is about this very.

546
00:30:32,880 --> 00:30:37,479
Speaker 5: Concept of toning down the rhetoric. All we are told

547
00:30:37,960 --> 00:30:40,520
Speaker 5: is that we have to tone down the rhetoric. Trump

548
00:30:40,640 --> 00:30:43,840
Speaker 5: needs to tone down the rhetoric. Where has the left

549
00:30:43,880 --> 00:30:45,600
Speaker 5: toned down the rhetoric? And I want to share with

550
00:30:45,640 --> 00:30:50,400
Speaker 5: you two things to prove my point. The first is

551
00:30:50,440 --> 00:30:54,040
Speaker 5: Governor J. B. Pritzker on with Jensaki, who has done

552
00:30:54,080 --> 00:30:56,760
Speaker 5: nothing to tone down the rhetoric from her days in

553
00:30:56,800 --> 00:30:58,760
Speaker 5: the Obama team, from her days of the Biden team

554
00:30:58,800 --> 00:31:01,280
Speaker 5: to her Days on MSNBC, which is really all the

555
00:31:01,320 --> 00:31:01,840
Speaker 5: same team.

556
00:31:02,680 --> 00:31:06,320
Speaker 4: Nothing. This is just a piece of their interview.

557
00:31:07,400 --> 00:31:09,440
Speaker 12: It's interesting you run up the government Michigan. There are

558
00:31:09,480 --> 00:31:12,920
Speaker 12: others who have decided in Congress too that they need

559
00:31:12,960 --> 00:31:14,680
Speaker 12: to kind of lay low, they need to make deals.

560
00:31:14,720 --> 00:31:16,920
Speaker 12: There's questions about keeping the government open or not keeping

561
00:31:16,920 --> 00:31:19,480
Speaker 12: the government open. It sounds like what you're saying is

562
00:31:19,680 --> 00:31:22,120
Speaker 12: that that's just not going to work. Appeasing is not

563
00:31:22,160 --> 00:31:25,560
Speaker 12: going to work. And that's a lesson to other states

564
00:31:25,640 --> 00:31:28,480
Speaker 12: where they want to send national Guard or send ice

565
00:31:28,760 --> 00:31:32,720
Speaker 12: or play nice, but then still has plans to come

566
00:31:32,760 --> 00:31:33,200
Speaker 12: after you.

567
00:31:33,680 --> 00:31:38,120
Speaker 13: Authoritarians want control and every time they get someone to

568
00:31:39,040 --> 00:31:44,560
Speaker 13: act in appeasing fashion, right, they make one step toward

569
00:31:44,920 --> 00:31:48,800
Speaker 13: control and they will silence that group move on to

570
00:31:48,880 --> 00:31:49,560
Speaker 13: the next one.

571
00:31:49,720 --> 00:31:50,320
Speaker 2: And this is.

572
00:31:50,320 --> 00:31:52,080
Speaker 6: Actually it's the playbook.

573
00:31:52,120 --> 00:31:54,760
Speaker 13: You know, read on tyranny, read so many books about

574
00:31:55,000 --> 00:31:58,440
Speaker 13: how authoritarian regimes come about. That is what Donald Trump's

575
00:31:58,440 --> 00:31:59,680
Speaker 13: trying to effectuate here.

576
00:32:00,120 --> 00:32:03,720
Speaker 5: The president has judges all the time telling him he

577
00:32:03,720 --> 00:32:06,480
Speaker 5: can't do this, he can't do that because of lawfare

578
00:32:06,520 --> 00:32:09,600
Speaker 5: from progressives like JB. Pritzker, The governor of Illinois and others.

579
00:32:10,040 --> 00:32:12,920
Speaker 5: And he doesn't say we're doing it anyway. He goes

580
00:32:12,960 --> 00:32:16,600
Speaker 5: about obliging the courts. Hey, we want to be able

581
00:32:16,880 --> 00:32:20,280
Speaker 5: to surge resources into Chicago and save these people.

582
00:32:20,760 --> 00:32:21,280
Speaker 4: It's JB.

583
00:32:21,360 --> 00:32:24,080
Speaker 5: Pritzker who's opposed to it. And here's Trump. I mean,

584
00:32:24,200 --> 00:32:28,400
Speaker 5: what's really happens nothing. It wasn't authoritarian to do so

585
00:32:28,440 --> 00:32:30,360
Speaker 5: in DC, he had every right in the world to

586
00:32:30,400 --> 00:32:34,120
Speaker 5: do so. And the result is clear. And we discussed

587
00:32:34,200 --> 00:32:36,920
Speaker 5: yesterday that Steve Cohen the Congress room from Tennessee. A

588
00:32:37,000 --> 00:32:41,640
Speaker 5: progressive is progressive. He's a lefty telling Cash Patel, really

589
00:32:41,680 --> 00:32:44,440
Speaker 5: like what the FBI has been doing in Memphis. Glad

590
00:32:44,480 --> 00:32:46,840
Speaker 5: to see them in Memphis. The surgeon Memphis. I don't

591
00:32:46,840 --> 00:32:48,719
Speaker 5: think we need the National Guard. But this group, this

592
00:32:48,760 --> 00:32:51,480
Speaker 5: group of this group, this is good stuff. It's really helpful.

593
00:32:51,760 --> 00:32:55,040
Speaker 5: Really appreciate the hard work being done, which is how

594
00:32:55,120 --> 00:32:57,000
Speaker 5: normal people should approach this.

595
00:32:57,840 --> 00:32:59,960
Speaker 4: But no, can't approach it like that.

596
00:33:00,280 --> 00:33:03,680
Speaker 5: Can only say, well, it's Trump being an authoritarian when

597
00:33:03,760 --> 00:33:06,920
Speaker 5: no part of this is true. Does that tone down

598
00:33:06,960 --> 00:33:11,080
Speaker 5: the rhetoric? The answer is, of course not. It doesn't

599
00:33:11,080 --> 00:33:15,200
Speaker 5: do anything to tone down the rhetoric. It brings it up,

600
00:33:15,480 --> 00:33:18,840
Speaker 5: It ratchets it up. It is the continued maneuver by

601
00:33:18,880 --> 00:33:22,040
Speaker 5: the political left to search for a lone wolf.

602
00:33:23,040 --> 00:33:23,800
Speaker 4: Then you have.

603
00:33:23,760 --> 00:33:28,080
Speaker 5: Randy Wingarten, who runs the American Federation of Teachers, and

604
00:33:28,200 --> 00:33:33,520
Speaker 5: Randy Weingarten has a new book. Oh good Lord, she

605
00:33:33,600 --> 00:33:37,680
Speaker 5: wrote a book, Why Fascists Fear Teachers.

606
00:33:38,040 --> 00:33:40,360
Speaker 4: I swear to you it is.

607
00:33:41,560 --> 00:33:44,479
Speaker 5: It is a book that she has written and she

608
00:33:44,760 --> 00:33:49,840
Speaker 5: wants you to know that Republicans and Conservatives are fascists.

609
00:33:49,880 --> 00:33:52,680
Speaker 5: And she goes on this podcast and here's the podcaster

610
00:33:53,400 --> 00:33:57,960
Speaker 5: bringing forth basically her theory of where we are today

611
00:33:58,400 --> 00:34:00,560
Speaker 5: and how fascist somehow we are.

612
00:34:00,640 --> 00:34:01,960
Speaker 4: For not agreeing with her.

613
00:34:02,680 --> 00:34:05,280
Speaker 9: Getting to the book, I think it helps to define

614
00:34:06,080 --> 00:34:09,799
Speaker 9: fascism as as well as we can. And man, I

615
00:34:09,840 --> 00:34:13,239
Speaker 9: had no idea about some of the history that you

616
00:34:13,320 --> 00:34:17,160
Speaker 9: talk about in the book, specifically with Norway's teachers and fascism.

617
00:34:17,480 --> 00:34:21,640
Speaker 9: American fascism isn't the same as German fascism or is

618
00:34:21,680 --> 00:34:22,760
Speaker 9: even Italian fascism.

619
00:34:22,800 --> 00:34:24,520
Speaker 4: At the same time, I think it's important.

620
00:34:24,080 --> 00:34:27,480
Speaker 9: To, you know, have some discernment there.

621
00:34:27,280 --> 00:34:30,080
Speaker 4: Obviously, but make no mistake, that is a.

622
00:34:30,000 --> 00:34:32,720
Speaker 9: Pretty good definition of where we're at. According to fascism experts,

623
00:34:32,719 --> 00:34:34,600
Speaker 9: How do you define what we are seeing in America

624
00:34:34,640 --> 00:34:36,200
Speaker 9: in twenty twenty five as fascism?

625
00:34:37,160 --> 00:34:37,879
Speaker 4: Well, let me.

626
00:34:39,360 --> 00:34:42,480
Speaker 14: Part of what I wanted to do. And look, Rachel

627
00:34:42,520 --> 00:34:45,160
Speaker 14: Mattow did this as well. I thought she did this

628
00:34:45,360 --> 00:34:49,759
Speaker 14: brilliantly in her books talking about the story of American

629
00:34:49,800 --> 00:34:53,920
Speaker 14: fascism in the thirties, you know, in the thirties and

630
00:34:53,960 --> 00:34:55,000
Speaker 14: forties in particular.

631
00:34:55,600 --> 00:34:58,719
Speaker 5: You think she's trying to tone down the rhetoric. The

632
00:34:58,800 --> 00:35:02,560
Speaker 5: same talk that was you used to radicalize the guy

633
00:35:02,600 --> 00:35:05,799
Speaker 5: who tried to kill President Trump and Butler Pennsylvania. The

634
00:35:05,920 --> 00:35:10,920
Speaker 5: same talk, the bullet from this guy who assassinated Charlie

635
00:35:11,000 --> 00:35:14,480
Speaker 5: kirk Hey fascist catch. It's all part of the same.

636
00:35:14,719 --> 00:35:19,200
Speaker 5: You think they're toning down the rhetoric. Guys, that's what

637
00:35:19,239 --> 00:35:22,040
Speaker 5: they say because they don't want you to speak about

638
00:35:22,080 --> 00:35:26,319
Speaker 5: anything that is not what they do. It is not

639
00:35:26,560 --> 00:35:31,000
Speaker 5: what they believe. They will keep the rhetoric going and

640
00:35:31,040 --> 00:35:35,719
Speaker 5: going strong. And they want power, and we want a

641
00:35:35,719 --> 00:35:40,120
Speaker 5: normal society where our kids aren't indoctrinated but educated. Break

642
00:35:40,160 --> 00:35:44,120
Speaker 5: the Teachers' Union in two. Randy Weingarten can't have any power.

643
00:35:44,719 --> 00:35:52,279
Speaker 4: Keep it here. It's Tony Katz Today,