1
00:00:00,720 --> 00:00:04,520
Speaker 1: Welcome in everybody to the Wednesday edition of The Clay

2
00:00:04,559 --> 00:00:08,239
Speaker 1: Travis and Buck Sexton Show. I'm just gonna start with

3
00:00:08,240 --> 00:00:11,559
Speaker 1: some good news today, player Trump sharing this one out.

4
00:00:11,880 --> 00:00:15,600
Speaker 1: S and P five hundred just hit seven thousand for

5
00:00:15,720 --> 00:00:20,160
Speaker 1: the first time ever. Y all Caps America is back.

6
00:00:21,000 --> 00:00:23,840
Speaker 1: So it's a good thing. Some of you might say, well,

7
00:00:24,040 --> 00:00:26,480
Speaker 1: I don't have stocks that I'm invested in, you have

8
00:00:26,520 --> 00:00:29,520
Speaker 1: a retirement account, you work for a company that has

9
00:00:29,560 --> 00:00:32,559
Speaker 1: public shares. I mean this actually is an indicator of

10
00:00:33,280 --> 00:00:37,680
Speaker 1: pretty broad sentiment, and at least in some sectors economic health.

11
00:00:37,760 --> 00:00:40,040
Speaker 1: Price is still too high. Yes, I know the prices

12
00:00:40,040 --> 00:00:43,400
Speaker 1: would be even worse. It's stock market was down twenty percent.

13
00:00:43,440 --> 00:00:45,839
Speaker 1: I can say that as well, meaning you'd have a

14
00:00:45,960 --> 00:00:49,120
Speaker 1: much harder time affording the prices if the economy was

15
00:00:49,120 --> 00:00:51,800
Speaker 1: in a tailspin from a dropping market.

16
00:00:51,840 --> 00:00:53,880
Speaker 2: So it is good news. I like to start with

17
00:00:53,920 --> 00:00:54,400
Speaker 2: the good.

18
00:00:54,240 --> 00:00:57,360
Speaker 1: News, which is that we've got the first time ever

19
00:00:57,400 --> 00:01:00,920
Speaker 1: seven thousand on the S and P five hundred. We've

20
00:01:00,960 --> 00:01:05,959
Speaker 1: got the White House weighing in, and now other places,

21
00:01:06,280 --> 00:01:09,800
Speaker 1: as exactly promised to you on this show, other places

22
00:01:09,840 --> 00:01:13,600
Speaker 1: starting to get involved and see the early stages of

23
00:01:13,680 --> 00:01:19,840
Speaker 1: these anti ice operations, these sabotage operations. White House have

24
00:01:19,920 --> 00:01:24,280
Speaker 1: spoken about this one. We shall get into that. Also,

25
00:01:25,000 --> 00:01:31,440
Speaker 1: Trump talking pretty tough game about Iran, and we've got

26
00:01:31,800 --> 00:01:35,840
Speaker 1: some updates on that situation, plus Venezuela, so we will.

27
00:01:35,680 --> 00:01:37,640
Speaker 2: Get into all all of that.

28
00:01:37,720 --> 00:01:40,240
Speaker 1: We've also got some great guests joining today, Mark Halpern,

29
00:01:40,640 --> 00:01:43,040
Speaker 1: who's the editor in chief of two Way and he's

30
00:01:43,360 --> 00:01:45,960
Speaker 1: a host in his own right. You guys all, I'm

31
00:01:46,000 --> 00:01:49,760
Speaker 1: sure have seen his political analysis. What was his book play?

32
00:01:49,800 --> 00:01:51,360
Speaker 1: The most famous one that he did was he the

33
00:01:51,440 --> 00:01:53,600
Speaker 1: game Change? He was Game Change?

34
00:01:53,640 --> 00:01:57,080
Speaker 3: Really well, I think I'm gonna make sure that that's

35
00:01:57,080 --> 00:01:58,880
Speaker 3: correct because I don't want him by the time we

36
00:01:58,880 --> 00:02:00,200
Speaker 3: have him on. We got to make sure we get

37
00:02:00,240 --> 00:02:03,520
Speaker 3: that right. But I believe that he was one of

38
00:02:03,520 --> 00:02:06,800
Speaker 3: the co authors. Yeah, he was a co author with Hilman. Okay, yes, yes,

39
00:02:06,880 --> 00:02:07,680
Speaker 3: so that's right.

40
00:02:08,480 --> 00:02:12,160
Speaker 1: And then we've got two thirty Joela Orna, who is

41
00:02:12,200 --> 00:02:14,520
Speaker 1: a counselor to the Treasury Sector. Look, there's a big

42
00:02:14,560 --> 00:02:16,480
Speaker 1: summit going on to DC Klan now are gonna be there,

43
00:02:16,480 --> 00:02:19,359
Speaker 1: but there's some travel issues with you know, the snow

44
00:02:19,400 --> 00:02:22,720
Speaker 1: apocalypse that is hitting Clay. It's even getting a little

45
00:02:22,800 --> 00:02:25,079
Speaker 1: chili down here in South Florida. Some of you will

46
00:02:25,080 --> 00:02:28,160
Speaker 1: note I am wearing a sweatshirt, not just because it

47
00:02:28,240 --> 00:02:31,040
Speaker 1: is indeed Cozy Earth, one of our fabulous sponsors, and

48
00:02:31,080 --> 00:02:34,840
Speaker 1: it is the most comfortable sweatshirt imaginable, but because it

49
00:02:34,880 --> 00:02:36,680
Speaker 1: is a little chili here and it's gonna get chillier.

50
00:02:36,919 --> 00:02:39,800
Speaker 1: So I understand that places are going through a bit

51
00:02:39,840 --> 00:02:42,239
Speaker 1: of a deep freeze right now. It is dropping into

52
00:02:42,280 --> 00:02:45,480
Speaker 1: the sixties. It might even hit the fifties in South Florida.

53
00:02:45,480 --> 00:02:45,919
Speaker 2: It's rough.

54
00:02:46,520 --> 00:02:49,520
Speaker 3: I will say this, by the way, on the weather thing,

55
00:02:51,280 --> 00:02:56,640
Speaker 3: it is actually far worse than I realized in Nashville

56
00:02:56,720 --> 00:02:58,239
Speaker 3: all the way down to Mississippi.

57
00:02:58,360 --> 00:02:59,680
Speaker 2: I don't know if you've seen the footage.

58
00:02:59,720 --> 00:03:04,480
Speaker 3: Buck they basically have shut down several interstates and they

59
00:03:04,480 --> 00:03:08,920
Speaker 3: are impassable in Mississippi right now. And last night I

60
00:03:09,000 --> 00:03:13,200
Speaker 3: went to the Kentucky Vanderbilt basketball game. Vanderbilt University is

61
00:03:13,200 --> 00:03:16,880
Speaker 3: shut down, which never happens, and I was blown away

62
00:03:16,919 --> 00:03:18,959
Speaker 3: by how awful. This was the first time I've left

63
00:03:19,000 --> 00:03:22,400
Speaker 3: my house since the storm hit. I was blown away

64
00:03:22,440 --> 00:03:26,240
Speaker 3: by how awful the roads are and how significant the

65
00:03:26,320 --> 00:03:29,280
Speaker 3: damage is from this winter storm that came through the

66
00:03:29,320 --> 00:03:33,040
Speaker 3: ice in particular, So Nashville is hammered all the way

67
00:03:33,080 --> 00:03:36,000
Speaker 3: down into Mississippi. There's about a two hundred mile stretch,

68
00:03:36,040 --> 00:03:40,480
Speaker 3: I would say, Buck where it is utterly devastating in

69
00:03:40,600 --> 00:03:43,160
Speaker 3: terms of the number of people without power, the number

70
00:03:43,200 --> 00:03:46,440
Speaker 3: of trees down, the amount of significant damage. So we're

71
00:03:46,440 --> 00:03:50,080
Speaker 3: thinking about all you guys out there that are from

72
00:03:50,160 --> 00:03:54,560
Speaker 3: Nashville basically south in this stretch dealing with a truly

73
00:03:54,680 --> 00:03:58,320
Speaker 3: awful scenario. And yes, Buck pointed out, we were going

74
00:03:58,360 --> 00:04:01,640
Speaker 3: to be in Washington, d C. With the President and

75
00:04:01,680 --> 00:04:05,760
Speaker 3: with the Treasury Secretary today at these Trumpet Account announcements,

76
00:04:05,960 --> 00:04:08,440
Speaker 3: but we couldn't get up there, and so we had

77
00:04:08,480 --> 00:04:12,240
Speaker 3: all sorts of issues with travel, and so we're going

78
00:04:12,320 --> 00:04:14,320
Speaker 3: to have we'll talk about what was going to happen there.

79
00:04:14,320 --> 00:04:16,919
Speaker 3: I'm sure we'll be up in DC again soon. But

80
00:04:17,080 --> 00:04:19,919
Speaker 3: that is taking place right now, and Marco Rubio is

81
00:04:19,960 --> 00:04:25,400
Speaker 3: testifying under oath on Capitol Hill about Venezuela, Cuba, Iran

82
00:04:25,520 --> 00:04:28,279
Speaker 3: and everything else he's dealing with as Secretary of State.

83
00:04:29,360 --> 00:04:33,000
Speaker 1: Now let's take things back into the center of the

84
00:04:33,000 --> 00:04:38,280
Speaker 1: political storm, and that is the situation in Minneapolis ice.

85
00:04:38,520 --> 00:04:43,840
Speaker 1: What's going on there, and our friend Will Caine, who

86
00:04:43,920 --> 00:04:48,279
Speaker 1: had Trump on yesterday, asked the President about this, because

87
00:04:48,320 --> 00:04:51,040
Speaker 1: what's happened now is there's been a switch up in

88
00:04:51,120 --> 00:04:56,320
Speaker 1: some of the personnel. Tom Holman has been sent to Minnesota,

89
00:04:56,560 --> 00:05:00,799
Speaker 1: and Christine Nome is coming under a lot of criticism,

90
00:05:00,880 --> 00:05:02,760
Speaker 1: a lot of pressure. As I said, she said the

91
00:05:02,800 --> 00:05:08,039
Speaker 1: wrong stuff after the shooting of pretty So that was

92
00:05:08,080 --> 00:05:10,719
Speaker 1: not a good it was not a good moment in messaging.

93
00:05:10,800 --> 00:05:13,400
Speaker 1: She just she messed that up. President still says he

94
00:05:13,400 --> 00:05:17,360
Speaker 1: has confidence in her, though, uh the anyway, I won't

95
00:05:17,360 --> 00:05:19,120
Speaker 1: get into more of that for now. I'll just say

96
00:05:19,240 --> 00:05:21,720
Speaker 1: Tom Holman, I think, is the guy who should have

97
00:05:21,720 --> 00:05:23,960
Speaker 1: been running this op and should be running all these

98
00:05:24,000 --> 00:05:26,680
Speaker 1: ice ops the whole time. And I don't know why

99
00:05:26,720 --> 00:05:30,400
Speaker 1: anybody would think otherwise. But here we are. Uh so

100
00:05:30,520 --> 00:05:34,000
Speaker 1: Tom is going there, and here is Trump speaking specifically

101
00:05:34,160 --> 00:05:36,160
Speaker 1: about this. This is cut twelve hit it.

102
00:05:39,360 --> 00:05:41,679
Speaker 4: The message is out that Tom Homan is in, Commander

103
00:05:41,720 --> 00:05:45,320
Speaker 4: Bovino is supposedly leaving Minneapolis along with some CBP Agentcy

104
00:05:45,480 --> 00:05:46,279
Speaker 4: is this a pullback.

105
00:05:46,520 --> 00:05:48,240
Speaker 5: I don't think it's a pullback. It's a little bit

106
00:05:48,240 --> 00:05:50,599
Speaker 5: of a change. Everybody in this room that has a business.

107
00:05:50,600 --> 00:05:51,919
Speaker 5: You know, you make little changes.

108
00:05:52,080 --> 00:05:52,279
Speaker 4: You know.

109
00:05:52,279 --> 00:05:54,960
Speaker 5: Bavino's very good, but he's a pretty out there kind

110
00:05:54,960 --> 00:05:56,920
Speaker 5: of a guy. And in some cases it's good. Maybe

111
00:05:56,960 --> 00:05:59,080
Speaker 5: it wasn't good here. But you have to understand when

112
00:05:59,160 --> 00:06:01,160
Speaker 5: I watched some of the people that I've been watching

113
00:06:01,200 --> 00:06:04,000
Speaker 5: over the last few weeks, these are paid insurrectionist, These

114
00:06:04,040 --> 00:06:07,920
Speaker 5: are paid agitators. These people aren't normal like og that

115
00:06:08,080 --> 00:06:10,760
Speaker 5: you know, they're incensed about anything. How do you get

116
00:06:10,760 --> 00:06:13,040
Speaker 5: incensed when you go into a state and you're taking

117
00:06:13,040 --> 00:06:13,760
Speaker 5: criminals out?

118
00:06:15,400 --> 00:06:21,279
Speaker 1: Now, Clay, I am still I am still hopeful, and

119
00:06:21,360 --> 00:06:25,360
Speaker 1: I think it is probably the case that this is

120
00:06:25,640 --> 00:06:28,800
Speaker 1: a shift in tactics, but not an abandonment of enforcement.

121
00:06:29,440 --> 00:06:32,080
Speaker 1: But I will get into what we're already seeing. And

122
00:06:32,160 --> 00:06:36,000
Speaker 1: I've been saying this ever since this incident happened. You're

123
00:06:36,040 --> 00:06:39,720
Speaker 1: seeing more noise in New York, more of the organized

124
00:06:39,920 --> 00:06:44,480
Speaker 1: sabotage operation stuff popping up. You're seeing other places like Philadelphia,

125
00:06:44,520 --> 00:06:49,159
Speaker 1: they're da threatening to arrest ice officers. The madness can

126
00:06:49,279 --> 00:06:52,120
Speaker 1: spread if it is not contained in Minneapolis.

127
00:06:52,120 --> 00:06:54,560
Speaker 2: What do you see? That's the concern.

128
00:06:55,720 --> 00:07:00,520
Speaker 3: And I you know this, but I think think everybody

129
00:07:00,520 --> 00:07:05,000
Speaker 3: out there is becoming aware if resistance works in Minneapolis,

130
00:07:05,040 --> 00:07:08,520
Speaker 3: then they will copy it everywhere else. And the ultimate

131
00:07:08,600 --> 00:07:11,480
Speaker 3: challenge that we're going to get into here, and it

132
00:07:11,560 --> 00:07:14,600
Speaker 3: is a challenge of wills to a large extent, is

133
00:07:15,080 --> 00:07:18,600
Speaker 3: it's very easy to start, as the Trump administration did,

134
00:07:18,840 --> 00:07:22,720
Speaker 3: with deporting people who have violent criminal records and people

135
00:07:22,760 --> 00:07:25,000
Speaker 3: who have broken our law. It's a no brainer that

136
00:07:25,040 --> 00:07:27,800
Speaker 3: they should be out of the country. But at some point,

137
00:07:28,000 --> 00:07:31,680
Speaker 3: if there are twenty million illegals, there are not twenty

138
00:07:31,720 --> 00:07:35,120
Speaker 3: million people who have committed violent crimes. So if you

139
00:07:35,280 --> 00:07:38,600
Speaker 3: want to try to return the nation to some semblance

140
00:07:38,800 --> 00:07:42,960
Speaker 3: of lawfulness when it comes to our immigration policy, then

141
00:07:43,000 --> 00:07:46,640
Speaker 3: you're going to have to start to deport people who

142
00:07:46,840 --> 00:07:52,800
Speaker 3: are not necessarily violent criminals, and that becomes a political

143
00:07:52,920 --> 00:07:58,320
Speaker 3: challenge now, I think buck in general, the number of

144
00:07:58,320 --> 00:08:02,000
Speaker 3: people that have decided to leave is fairly substantial, and

145
00:08:02,040 --> 00:08:04,200
Speaker 3: it may well be the case that the best part

146
00:08:04,400 --> 00:08:08,800
Speaker 3: of the ice deportation policies is just letting people know, hey,

147
00:08:08,880 --> 00:08:11,760
Speaker 3: the salad days are over. You can't rely on the

148
00:08:11,760 --> 00:08:14,520
Speaker 3: American taxpayer to be giving you free hotel rooms in

149
00:08:14,560 --> 00:08:18,840
Speaker 3: New York City, free Wi Fi, free meals like that

150
00:08:19,000 --> 00:08:22,080
Speaker 3: is utterly absurd and ridiculous. And I like to think

151
00:08:22,080 --> 00:08:23,880
Speaker 3: that we've turned a page at least a little bit

152
00:08:23,880 --> 00:08:26,600
Speaker 3: on that. And the data reflects that as many people

153
00:08:26,600 --> 00:08:29,400
Speaker 3: as we have been able to deport, that there are

154
00:08:29,480 --> 00:08:33,720
Speaker 3: millions more that are voluntarily leaving because they're recognizing that

155
00:08:34,240 --> 00:08:39,720
Speaker 3: the situation's back home or not necessarily better or getting

156
00:08:39,720 --> 00:08:42,400
Speaker 3: better relative to what they have here. The challenge is,

157
00:08:43,480 --> 00:08:45,520
Speaker 3: I think Democrats are playing the long game here, and

158
00:08:45,520 --> 00:08:47,520
Speaker 3: this is what we told you. Once you let the

159
00:08:47,559 --> 00:08:50,360
Speaker 3: twenty million in, it becomes almost impossible to get the

160
00:08:50,360 --> 00:08:51,680
Speaker 3: twenty million out, and.

161
00:08:51,600 --> 00:08:53,480
Speaker 2: You would take sustained.

162
00:08:55,120 --> 00:09:01,640
Speaker 3: Multi numbers of presidential Republicans to this for years and

163
00:09:01,720 --> 00:09:04,320
Speaker 3: years to come, and I think they know it's not

164
00:09:04,400 --> 00:09:06,720
Speaker 3: going to happen there.

165
00:09:07,200 --> 00:09:09,000
Speaker 2: There is some precedent for this.

166
00:09:09,120 --> 00:09:13,480
Speaker 1: The Eisenhower administration got over a million illegals deported back

167
00:09:13,600 --> 00:09:18,040
Speaker 1: in I forget what year of Eisenhower's term, but you're

168
00:09:18,080 --> 00:09:22,359
Speaker 1: going back seventy years, okay, and you have massive deportation

169
00:09:22,480 --> 00:09:26,200
Speaker 1: operation that occurred. Then there's also clay, the self deportations

170
00:09:26,200 --> 00:09:29,520
Speaker 1: that occurs. A big part of this needs to become

171
00:09:29,960 --> 00:09:33,360
Speaker 1: a workplace enforcement too, which that's then you get all

172
00:09:33,400 --> 00:09:37,040
Speaker 1: of a sudden, Republicans get a little a little weak

173
00:09:37,080 --> 00:09:40,440
Speaker 1: in the knees, or a lot of Republican leadership starts.

174
00:09:40,080 --> 00:09:41,760
Speaker 6: To go, well, you know, we don't want to punish

175
00:09:41,800 --> 00:09:45,880
Speaker 6: the job creators, like well, you are if you're employing

176
00:09:45,920 --> 00:09:49,000
Speaker 6: a large number of illegals who are going to be

177
00:09:49,800 --> 00:09:50,840
Speaker 6: reliant on.

178
00:09:50,760 --> 00:09:55,119
Speaker 1: Welfare and social services provided by the taxpayer. And also,

179
00:09:55,600 --> 00:09:59,400
Speaker 1: there is something about being American and American ness that

180
00:09:59,440 --> 00:10:02,440
Speaker 1: should not just be conferred upon people by virtue of

181
00:10:02,480 --> 00:10:05,680
Speaker 1: a physical status that is illegal in the first place.

182
00:10:06,240 --> 00:10:08,679
Speaker 1: There is a principle at work here, but you need

183
00:10:08,679 --> 00:10:11,800
Speaker 1: to do workplace enforcement. Trump also, though I wanted to

184
00:10:11,840 --> 00:10:14,439
Speaker 1: note this because we do get your calls and emails

185
00:10:14,440 --> 00:10:18,400
Speaker 1: about this or your talkbacks on how this seems to

186
00:10:18,440 --> 00:10:24,840
Speaker 1: be detracting or distracting from the fraud in Minneapolis. Trump

187
00:10:24,880 --> 00:10:27,240
Speaker 1: is saying, I promise you we're still on that. If

188
00:10:27,240 --> 00:10:29,960
Speaker 1: this is the game they're playing at some level, it's

189
00:10:30,000 --> 00:10:31,840
Speaker 1: not going to work. This is from that Will Caine

190
00:10:31,840 --> 00:10:33,880
Speaker 1: interview on Fox Again. This is fourteen hit.

191
00:10:33,960 --> 00:10:34,080
Speaker 7: It.

192
00:10:37,200 --> 00:10:41,040
Speaker 4: This whole Minnesota thing, it started because of a focus

193
00:10:41,120 --> 00:10:45,439
Speaker 4: on fraud. It started because of illegal immigration and welfare fraud.

194
00:10:45,800 --> 00:10:46,600
Speaker 2: The question is.

195
00:10:46,720 --> 00:10:51,200
Speaker 4: Will there be accountability in Minnesota and beyond other states Californa.

196
00:10:51,240 --> 00:10:53,920
Speaker 5: Minnesota is one state if you look at California, but

197
00:10:54,520 --> 00:10:57,600
Speaker 5: so in Minnesota. I think it's nineteen billion dollars. If

198
00:10:57,600 --> 00:11:01,200
Speaker 5: they think it's nineteen billion, triple it or quadruplein. And

199
00:11:01,240 --> 00:11:03,280
Speaker 5: if we catch a lot of this fraud and I

200
00:11:03,400 --> 00:11:05,640
Speaker 5: felt it for a long time, but now we know

201
00:11:05,840 --> 00:11:09,760
Speaker 5: what's happening and the entries. Yet there will be accountability.

202
00:11:10,920 --> 00:11:15,160
Speaker 1: Clay, there will be accountability. I hope that is in

203
00:11:15,200 --> 00:11:15,960
Speaker 1: fact the case.

204
00:11:17,600 --> 00:11:20,600
Speaker 3: The best tweet I've seen on this is have you

205
00:11:20,679 --> 00:11:24,560
Speaker 3: heard anybody complaining that their kids have lost childcare since

206
00:11:24,840 --> 00:11:28,800
Speaker 3: the money was frozen for Minneapolis childcare? I mean, all

207
00:11:28,840 --> 00:11:31,000
Speaker 3: of you out there that are parents and have your

208
00:11:31,080 --> 00:11:34,640
Speaker 3: kids in daycare in any way, I bet that's a

209
00:11:34,720 --> 00:11:36,960
Speaker 3: huge percentage of people that listen to us on a

210
00:11:37,000 --> 00:11:40,360
Speaker 3: regular basis. If your childcare was interrupted, it would be

211
00:11:40,400 --> 00:11:43,840
Speaker 3: a major issue. Isn't it really interesting that none of

212
00:11:43,880 --> 00:11:48,040
Speaker 3: these Somali parents have been up in arms over the

213
00:11:48,040 --> 00:11:51,040
Speaker 3: fact that their kids. They're not able to get their

214
00:11:51,120 --> 00:11:54,840
Speaker 3: kids into childcare and these subsidies are not working for them.

215
00:11:55,160 --> 00:11:58,680
Speaker 3: It shows you how much fraud was going on. These

216
00:11:58,720 --> 00:12:01,400
Speaker 3: people were never in role in schools. They were all

217
00:12:01,440 --> 00:12:04,720
Speaker 3: getting kickbacks. They created one of the largest frauds related

218
00:12:04,720 --> 00:12:08,640
Speaker 3: to childcare that we've ever seen. And when it's actually stopped,

219
00:12:08,720 --> 00:12:12,320
Speaker 3: there is zero pushback from people saying, wait a minute,

220
00:12:12,400 --> 00:12:15,400
Speaker 3: my kids were legitimately enrolled. I've got jobs, I need

221
00:12:15,440 --> 00:12:17,360
Speaker 3: help with the kids and the childcare. Now we can

222
00:12:17,400 --> 00:12:20,800
Speaker 3: get into what the role of the federal government or

223
00:12:20,840 --> 00:12:24,640
Speaker 3: state government should be when it comes to childcare in general.

224
00:12:25,480 --> 00:12:30,200
Speaker 3: That is I think a really significant situation there buck

225
00:12:30,280 --> 00:12:33,679
Speaker 3: because people don't get to count if you're a mom,

226
00:12:34,080 --> 00:12:36,160
Speaker 3: or you're a dad, or your grandma or you're a

227
00:12:36,240 --> 00:12:40,560
Speaker 3: grandpa and you're providing childcare for your family, you don't

228
00:12:40,559 --> 00:12:45,240
Speaker 3: get to huge, massive discounts in earnings, right like you

229
00:12:45,240 --> 00:12:47,520
Speaker 3: don't get to count that as a fifty thousand dollars

230
00:12:47,520 --> 00:12:49,439
Speaker 3: a year job. I think there's a lot of different

231
00:12:49,440 --> 00:12:53,800
Speaker 3: ways that tax code could support parents and grandparents and

232
00:12:53,880 --> 00:12:58,520
Speaker 3: family members actually providing childcare for family, which happens all

233
00:12:58,559 --> 00:13:00,600
Speaker 3: over the country and as a huge, huge part of

234
00:13:00,640 --> 00:13:04,400
Speaker 3: the safety net for families. But yeah, again, just have

235
00:13:04,440 --> 00:13:07,400
Speaker 3: you seen anybody complaining in Minneapolis about this? It's just

236
00:13:07,559 --> 00:13:10,400
Speaker 3: indicative of to what extent it is a fraud. And

237
00:13:10,440 --> 00:13:12,319
Speaker 3: by the way, this event that's going on right now,

238
00:13:12,320 --> 00:13:16,560
Speaker 3: which we'll get into the so called Trump accounts. I

239
00:13:16,640 --> 00:13:20,319
Speaker 3: actually think this is a great idea, Buck, And we

240
00:13:20,360 --> 00:13:23,640
Speaker 3: talk a lot about financial literacy on this program, and

241
00:13:23,679 --> 00:13:25,840
Speaker 3: we can get into this somewhat during the course of

242
00:13:25,880 --> 00:13:30,520
Speaker 3: the program. So few kids out there have financial knowledge

243
00:13:30,679 --> 00:13:34,120
Speaker 3: or understand the concept of compound interest. That is, if

244
00:13:34,200 --> 00:13:37,360
Speaker 3: you start with one thousand dollars invested when you're really young,

245
00:13:37,520 --> 00:13:39,920
Speaker 3: and you just allow that money to continue to grow,

246
00:13:40,760 --> 00:13:43,160
Speaker 3: it is transformative by the time you get to twenty

247
00:13:43,400 --> 00:13:44,280
Speaker 3: or thirty years old.

248
00:13:44,679 --> 00:13:47,000
Speaker 1: I'm glad you're admitting this, because I believe you were

249
00:13:47,040 --> 00:13:49,120
Speaker 1: giving me a ba humbug and making fun of me

250
00:13:49,240 --> 00:13:52,079
Speaker 1: for being the uncle who gives his nieces and nephews

251
00:13:52,480 --> 00:13:57,360
Speaker 1: who are toddlers or babies instead of useless you know,

252
00:13:58,800 --> 00:14:03,080
Speaker 1: like butterfly side or something. I give them money in

253
00:14:03,400 --> 00:14:08,000
Speaker 1: long term, either you know, stock accounts or for the

254
00:14:08,200 --> 00:14:09,600
Speaker 1: purposes of college.

255
00:14:10,040 --> 00:14:15,360
Speaker 2: Because that is that is very very good of you.

256
00:14:15,480 --> 00:14:18,200
Speaker 3: I would suggest maybe Uncle Buck could also give a

257
00:14:18,240 --> 00:14:21,640
Speaker 3: toy to a kid in addition to a I don't

258
00:14:21,680 --> 00:14:25,000
Speaker 3: think that's one or the other. I think I think

259
00:14:25,000 --> 00:14:27,880
Speaker 3: you probably could get a you know, Tonka truck for

260
00:14:27,920 --> 00:14:30,200
Speaker 3: a kid and also give him some some help on

261
00:14:30,240 --> 00:14:32,920
Speaker 3: his future college. But I do think this compound interest

262
00:14:32,960 --> 00:14:36,360
Speaker 3: idea is one of the least understood aspects and what

263
00:14:36,400 --> 00:14:38,160
Speaker 3: it does is and we'll have some fun with this,

264
00:14:38,480 --> 00:14:41,560
Speaker 3: because I do think it's important. But it teaches you

265
00:14:41,880 --> 00:14:47,560
Speaker 3: the values and power of individual responsibility from a financial perspective,

266
00:14:47,920 --> 00:14:51,080
Speaker 3: and playing the long game as opposed to constantly trying

267
00:14:51,120 --> 00:14:54,160
Speaker 3: to scramble in the short game. We'll get into that

268
00:14:54,240 --> 00:14:56,760
Speaker 3: in the meantime, two gifts are better than one when

269
00:14:56,800 --> 00:14:58,520
Speaker 3: it comes to Valentine's Day, And it's going to be

270
00:14:58,560 --> 00:15:00,960
Speaker 3: here before you know it, so don't mess this up.

271
00:15:01,080 --> 00:15:03,680
Speaker 3: Right now, Cozy Earth has a buy one, get one

272
00:15:03,760 --> 00:15:08,760
Speaker 3: free deal on their bamboo fabric pajama set. This pajama

273
00:15:08,800 --> 00:15:14,080
Speaker 3: set classic Cozy Earth favorite, lightweight, unbelievably soft. You won't

274
00:15:14,120 --> 00:15:17,000
Speaker 3: see the deer the deal any other time of year

275
00:15:17,040 --> 00:15:21,080
Speaker 3: from Cozy Earth. Purchase totally risk free one hundred night

276
00:15:21,240 --> 00:15:24,680
Speaker 3: sleep trial. It's a great one for your spouse, for

277
00:15:24,840 --> 00:15:29,240
Speaker 3: your girlfriend, for your mom. Get hooked up now if

278
00:15:29,280 --> 00:15:31,440
Speaker 3: you are out there right now and you want to

279
00:15:31,480 --> 00:15:34,960
Speaker 3: give a great gift, go to Cozyerth dot com, use

280
00:15:35,120 --> 00:15:39,440
Speaker 3: my name and Bogo to get these pjs for someone

281
00:15:39,600 --> 00:15:43,440
Speaker 3: you love. That is Clay Bogo, and if you get

282
00:15:43,440 --> 00:15:45,560
Speaker 3: a post purchase survey, you can say you heard about

283
00:15:45,600 --> 00:15:51,000
Speaker 3: Cozy Earth. Here again cozyearth dot com. Clay Bogo, that

284
00:15:51,160 --> 00:15:54,840
Speaker 3: is Clay Bogo. Get hooked up right now for a

285
00:15:54,880 --> 00:15:58,800
Speaker 3: phenomenal offer. Buy one, get one free deal on the

286
00:15:58,800 --> 00:16:01,280
Speaker 3: pajama set, Clay a Bogo.

287
00:16:01,880 --> 00:16:06,600
Speaker 8: Clay Travis and Buck Sexton Mike drops that never sounded

288
00:16:06,760 --> 00:16:10,720
Speaker 8: so good. Find them on the free iHeartRadio app or

289
00:16:10,760 --> 00:16:12,800
Speaker 8: wherever you get your podcasts.

290
00:16:13,240 --> 00:16:18,080
Speaker 1: Welcome back into Clay and Bob and we are joined

291
00:16:18,080 --> 00:16:22,520
Speaker 1: now by a very special guest, Joe Lavorgnia, counselor to

292
00:16:22,640 --> 00:16:26,280
Speaker 1: the US Treasury Secretary Scott Bessant. A lot of you

293
00:16:26,320 --> 00:16:28,960
Speaker 1: will know him from his time as a senior economist

294
00:16:29,040 --> 00:16:31,840
Speaker 1: for a big Wall Street bank on CNBC and other places.

295
00:16:31,920 --> 00:16:34,200
Speaker 2: Joe, Welcome to the program.

296
00:16:34,600 --> 00:16:36,200
Speaker 9: Thank you, very happy to be on with you.

297
00:16:37,160 --> 00:16:40,120
Speaker 1: All Right, we're talking Trump accounts. Big event today in DC.

298
00:16:40,600 --> 00:16:43,480
Speaker 1: Lot of talk about economy stuff from the President and

299
00:16:43,560 --> 00:16:48,920
Speaker 1: from Secretary Besant. Let's start with Trump accounts. Though, what's

300
00:16:48,960 --> 00:16:51,640
Speaker 1: the idea here? Why does it matter so much to

301
00:16:51,680 --> 00:16:53,680
Speaker 1: this administration and to the American people.

302
00:16:55,000 --> 00:16:56,160
Speaker 10: Well, it's a It.

303
00:16:56,200 --> 00:16:58,320
Speaker 9: Is a down payment on the future. It is a

304
00:16:58,360 --> 00:17:04,280
Speaker 9: way to encourage newborns and those children that will be

305
00:17:04,280 --> 00:17:06,639
Speaker 9: born over the next several years under the Trump administration

306
00:17:06,760 --> 00:17:11,080
Speaker 9: to be able to partake in the capitalist system where

307
00:17:11,119 --> 00:17:14,480
Speaker 9: the US has been an engine of growth and prosperity.

308
00:17:14,920 --> 00:17:18,080
Speaker 9: And this is a way, a very novel approach to

309
00:17:18,320 --> 00:17:23,440
Speaker 9: get families in the game of investing, building a next day,

310
00:17:23,600 --> 00:17:28,239
Speaker 9: creating wealth, creating financial stability. And the Trump administration is

311
00:17:28,240 --> 00:17:30,760
Speaker 9: going to start that with seed capital of a thousand

312
00:17:30,800 --> 00:17:35,080
Speaker 9: dollars which then can go upwards of another five thousand

313
00:17:35,119 --> 00:17:37,639
Speaker 9: that could come through a combination of either an employer,

314
00:17:37,800 --> 00:17:42,560
Speaker 9: a family member, a guardian parent to really build wealth

315
00:17:42,800 --> 00:17:48,440
Speaker 9: and to get over time, young boys and girls understanding

316
00:17:48,520 --> 00:17:51,919
Speaker 9: the powers of compound interest and how an investment today

317
00:17:51,960 --> 00:17:54,080
Speaker 9: can pay huge dividends longer term.

318
00:17:54,440 --> 00:17:56,040
Speaker 2: Okay, this is so important.

319
00:17:56,160 --> 00:17:59,520
Speaker 3: I think compound interest basic financial literacy, and this is

320
00:17:59,600 --> 00:18:03,760
Speaker 3: claypreciate you coming on the program is something that kids

321
00:18:03,840 --> 00:18:07,240
Speaker 3: really desperately need to understand. And by the way, I

322
00:18:07,240 --> 00:18:09,840
Speaker 3: think also a lot of adults when you talk about

323
00:18:09,920 --> 00:18:13,440
Speaker 3: compound interest. So let's say that someone has an account

324
00:18:13,480 --> 00:18:17,200
Speaker 3: starting at birth and they basically or just let's say

325
00:18:17,200 --> 00:18:20,280
Speaker 3: it's S and P five hundred index funds on average,

326
00:18:20,600 --> 00:18:23,560
Speaker 3: what is the compound value of that look like?

327
00:18:23,920 --> 00:18:25,080
Speaker 2: And over time?

328
00:18:25,240 --> 00:18:28,640
Speaker 3: What kind of dollars are we discussing for people out

329
00:18:28,640 --> 00:18:32,480
Speaker 3: there who don't really comprehend this, And Clay, I want.

330
00:18:32,359 --> 00:18:34,960
Speaker 9: To also I should add that Secretary best And highlighted

331
00:18:34,960 --> 00:18:38,359
Speaker 9: that nearly forty percent of US households have no direct

332
00:18:38,400 --> 00:18:42,200
Speaker 9: equity exposure. Right, this is a way really to make

333
00:18:42,960 --> 00:18:46,120
Speaker 9: Americans part of the capitalist system. It's an inclusive way

334
00:18:46,160 --> 00:18:50,919
Speaker 9: to build wealth and to create financial security. Regarding the

335
00:18:51,000 --> 00:18:53,720
Speaker 9: compound question, if you put a thout the government gives

336
00:18:53,760 --> 00:18:57,920
Speaker 9: one thousand dollars in twenty twenty six, well, then let's

337
00:18:57,960 --> 00:19:01,480
Speaker 9: say that through a combination of either employment or somebody

338
00:19:01,720 --> 00:19:06,080
Speaker 9: making the maximum contribution after the thousand, you contribute five

339
00:19:06,119 --> 00:19:12,440
Speaker 9: thousand additional every year for the next eighteen years. Based

340
00:19:12,480 --> 00:19:16,840
Speaker 9: on historical equity returns of roughly ten percent, that money,

341
00:19:17,119 --> 00:19:20,439
Speaker 9: when you do the math, could be worth slightly more

342
00:19:20,520 --> 00:19:24,280
Speaker 9: than three hundred thousand dollars leave it in another ten years,

343
00:19:24,880 --> 00:19:28,480
Speaker 9: the historical returns again. With a maximum contribution of five

344
00:19:28,520 --> 00:19:32,640
Speaker 9: thousand per year, that money could be worth almost one

345
00:19:32,640 --> 00:19:36,640
Speaker 9: point one million. So the power of compounding is remarkable,

346
00:19:37,119 --> 00:19:42,760
Speaker 9: and people are going to intuitively innately understand financial literacy

347
00:19:42,800 --> 00:19:45,520
Speaker 9: when they go to their Trump account and they see, Wow,

348
00:19:45,680 --> 00:19:47,919
Speaker 9: look at how this thing is increasing in value and

349
00:19:48,000 --> 00:19:50,520
Speaker 9: I add more, I could make more. I mean, it's

350
00:19:50,520 --> 00:19:53,320
Speaker 9: savings in real time, and I think it's going to

351
00:19:53,320 --> 00:19:55,000
Speaker 9: be a great tool of people are going to realize

352
00:19:55,040 --> 00:19:57,560
Speaker 9: we need to invest in the future, and they're going

353
00:19:57,600 --> 00:19:59,280
Speaker 9: to probably leave their money in there, and they're going

354
00:19:59,280 --> 00:20:02,199
Speaker 9: to then reap the be benefits from being invested in

355
00:20:02,240 --> 00:20:05,160
Speaker 9: all these wonderful companies that create a lot of high

356
00:20:05,200 --> 00:20:08,720
Speaker 9: paying jobs and investing in and helping make the US

357
00:20:08,800 --> 00:20:11,080
Speaker 9: economy and continue to keep the US economy the best

358
00:20:11,080 --> 00:20:12,080
Speaker 9: and brightest in the world.

359
00:20:12,440 --> 00:20:14,800
Speaker 3: The easiest way to understand this that I always try

360
00:20:14,840 --> 00:20:16,960
Speaker 3: to explain to my kids and everybody out there, I

361
00:20:16,960 --> 00:20:20,840
Speaker 3: would encourage to do your research on this. Basically, if

362
00:20:20,880 --> 00:20:23,600
Speaker 3: you just buy s and P five hundred index funds

363
00:20:23,720 --> 00:20:27,400
Speaker 3: historically and leave them in there, every ten years, your

364
00:20:27,440 --> 00:20:30,919
Speaker 3: money doubles, so you start thinking about every ten years

365
00:20:30,920 --> 00:20:34,199
Speaker 3: a doubling, and you start looking at twenty thirty, forty

366
00:20:34,359 --> 00:20:37,240
Speaker 3: fifty years of that. That's not even talking about putting

367
00:20:37,240 --> 00:20:39,600
Speaker 3: more money in as you are, which obviously makes it

368
00:20:39,640 --> 00:20:42,920
Speaker 3: even better. But every ten years doubling. I just don't

369
00:20:42,920 --> 00:20:47,040
Speaker 3: think most Americans really understand the value of starting early

370
00:20:47,240 --> 00:20:48,640
Speaker 3: and continuing to pile in.

371
00:20:49,520 --> 00:20:49,800
Speaker 10: Yeah.

372
00:20:49,880 --> 00:20:52,080
Speaker 9: No, that's right, and in fact, Cla I'd say it's

373
00:20:52,080 --> 00:20:54,840
Speaker 9: even better than that. It's the simple rule is your

374
00:20:54,840 --> 00:20:58,800
Speaker 9: listeners is the rule of seventy two. You know, if

375
00:20:59,600 --> 00:21:02,479
Speaker 9: it stually, if you have a ten percent equity return,

376
00:21:03,280 --> 00:21:07,720
Speaker 9: your money actually doubles every seven years. If it's a

377
00:21:07,760 --> 00:21:10,600
Speaker 9: seven percent return, then it's ten years. So the numbers

378
00:21:10,600 --> 00:21:14,000
Speaker 9: are even better. If you have a historical returns approaching ten percent,

379
00:21:14,000 --> 00:21:17,240
Speaker 9: then we even suggest but you're exactly right, that's just

380
00:21:17,560 --> 00:21:21,040
Speaker 9: an initial investment. You get those wonders of compounding. But

381
00:21:21,119 --> 00:21:23,640
Speaker 9: that's why we're hopeful, Clay. You know, today President Trump

382
00:21:23,640 --> 00:21:28,359
Speaker 9: announced all these wonderful US companies across all different sorts

383
00:21:28,359 --> 00:21:32,320
Speaker 9: of industries. Now we're going to partake in the Trump accounts.

384
00:21:32,520 --> 00:21:36,199
Speaker 9: And because the thing is that employers can contribute up

385
00:21:36,200 --> 00:21:40,440
Speaker 9: to twenty five hundred per annum into a Trump account,

386
00:21:40,720 --> 00:21:45,040
Speaker 9: and that's not going to count as employee income. So

387
00:21:45,119 --> 00:21:47,320
Speaker 9: the ability to actually to add to it to get

388
00:21:47,359 --> 00:21:50,080
Speaker 9: those big, big returns is there. I think that's just

389
00:21:50,119 --> 00:21:51,920
Speaker 9: a great way the program was designed.

390
00:21:53,119 --> 00:21:55,800
Speaker 1: Speaking to you, Joel of Worney, accountcilor to US Treasury

391
00:21:55,840 --> 00:21:59,680
Speaker 1: Secretary Scott invest In, a guy with decades as a

392
00:21:59,760 --> 00:22:04,880
Speaker 1: very well known Wall Street economist, and Joe. To that end,

393
00:22:04,960 --> 00:22:07,120
Speaker 1: I want to ask you about something that's gonna matter

394
00:22:07,160 --> 00:22:10,000
Speaker 1: a lot to everybody listening day to day. It's also

395
00:22:10,040 --> 00:22:12,560
Speaker 1: gonna matter a lot to this administration and in the

396
00:22:12,600 --> 00:22:15,920
Speaker 1: upcoming midterm elections. Has to do with affordability. Trump spoke

397
00:22:15,960 --> 00:22:19,439
Speaker 1: about this recently in Iowa. This has cut eight. I

398
00:22:19,440 --> 00:22:21,360
Speaker 1: wanted to have you dive into this, but first wanted

399
00:22:21,359 --> 00:22:23,760
Speaker 1: to hear from the president play eight guys they came up.

400
00:22:23,840 --> 00:22:26,520
Speaker 7: You know, it's a word that they came up with, affordability.

401
00:22:26,560 --> 00:22:29,080
Speaker 7: Every time you hear the word, remember they're the ones

402
00:22:29,119 --> 00:22:32,800
Speaker 7: that caused the problem. And the first time you heard

403
00:22:32,800 --> 00:22:35,360
Speaker 7: about it was like a few months ago. This lection's

404
00:22:35,400 --> 00:22:39,440
Speaker 7: all about affordability. Well, they're the ones that caused the problem.

405
00:22:39,800 --> 00:22:42,000
Speaker 7: But nobody knows that you know, people forget.

406
00:22:43,040 --> 00:22:46,439
Speaker 1: So now, Joe, how can this administration? Clay and I

407
00:22:46,480 --> 00:22:48,920
Speaker 1: have talked many times about, Yes, you look at inflation,

408
00:22:49,480 --> 00:22:54,480
Speaker 1: previous administration, worst inflation forty years, that's established. How do

409
00:22:54,520 --> 00:22:59,679
Speaker 1: we bring this situation to a best possible outcome this

410
00:22:59,800 --> 00:23:02,680
Speaker 1: year for the American people and certainly for the administration

411
00:23:03,160 --> 00:23:05,960
Speaker 1: for the purposes of the referendum that's coming up in

412
00:23:06,000 --> 00:23:06,960
Speaker 1: the midterm elections.

413
00:23:08,200 --> 00:23:11,440
Speaker 9: Much of it has been done through the One Big

414
00:23:11,480 --> 00:23:14,160
Speaker 9: Beautiful Bill, or the Working Families Tax Act, which it's

415
00:23:14,200 --> 00:23:16,479
Speaker 9: also known as And what I mean by that is

416
00:23:16,840 --> 00:23:21,280
Speaker 9: that bill is encouraging significant business investment in building factories

417
00:23:21,640 --> 00:23:24,960
Speaker 9: and expensing capex. We've already seen the capex come back

418
00:23:25,280 --> 00:23:28,920
Speaker 9: in full force. This is helping lift productivity growth, which

419
00:23:28,960 --> 00:23:32,960
Speaker 9: is output per hour, and that has also been galvanized

420
00:23:32,960 --> 00:23:36,520
Speaker 9: through a lot of business friendly deregulation where companies can

421
00:23:36,560 --> 00:23:39,720
Speaker 9: operate more officially. So you're seeing these big productivity gains.

422
00:23:40,040 --> 00:23:40,880
Speaker 10: Why does that matter?

423
00:23:41,080 --> 00:23:45,000
Speaker 9: Productivity gains matter because rising productivity is the lifeblood of

424
00:23:45,080 --> 00:23:48,040
Speaker 9: rising living standards. When companies can produce more with their

425
00:23:48,080 --> 00:23:51,639
Speaker 9: existing workforce, they can pay those workers more. So what

426
00:23:51,680 --> 00:23:54,719
Speaker 9: the Trump Administration's policies are going to do, is they

427
00:23:54,720 --> 00:23:57,800
Speaker 9: are going to allow people to take home more pay

428
00:23:58,720 --> 00:24:01,560
Speaker 9: after tax take on pay will be going up. And

429
00:24:01,640 --> 00:24:04,520
Speaker 9: because the economy is investing in the future, it could

430
00:24:04,600 --> 00:24:07,960
Speaker 9: produce more, which means prices could come down. So what

431
00:24:08,040 --> 00:24:11,800
Speaker 9: you have is a disinflationary boom, strong growth led by

432
00:24:11,800 --> 00:24:16,440
Speaker 9: productivity and prices falling because the economy's productive capacity is increasing.

433
00:24:16,920 --> 00:24:17,760
Speaker 10: Think of it this way.

434
00:24:18,200 --> 00:24:21,719
Speaker 9: Energy the drill, baby drill, the opening of federal lands,

435
00:24:21,720 --> 00:24:24,040
Speaker 9: the easing of permitting, and things of that sort to

436
00:24:24,119 --> 00:24:27,720
Speaker 9: invest in energy production. What's that doing. It's increasing output,

437
00:24:27,760 --> 00:24:29,840
Speaker 9: but at the same time it's lowering the energy costs.

438
00:24:30,119 --> 00:24:33,200
Speaker 9: Take that and multiply it across the economy. That's how

439
00:24:33,240 --> 00:24:37,880
Speaker 9: you basically get affordability to massively improve is you're allowing

440
00:24:37,920 --> 00:24:40,800
Speaker 9: people to keep more of what they have and you're

441
00:24:40,840 --> 00:24:42,959
Speaker 9: giving them the tools to produce more so that they

442
00:24:43,119 --> 00:24:45,560
Speaker 9: get paid more, and that's higher living standards.

443
00:24:46,880 --> 00:24:48,639
Speaker 2: This is a big picture question for you.

444
00:24:48,520 --> 00:24:51,399
Speaker 3: You've been involved in finance for a very long time,

445
00:24:52,119 --> 00:24:53,960
Speaker 3: and we're talking to Joe Lavornia.

446
00:24:54,640 --> 00:24:55,959
Speaker 2: When you look I was reading.

447
00:24:56,040 --> 00:25:01,720
Speaker 3: Recently, Amazon went public with an initial market capitalization of

448
00:25:01,760 --> 00:25:04,760
Speaker 3: around five hundred million dollars, and then it has risen

449
00:25:04,840 --> 00:25:08,560
Speaker 3: up to multiple trillions of dollars, which meant if you bought,

450
00:25:08,600 --> 00:25:10,960
Speaker 3: you know, one thousand dollars in Amazon stock when it

451
00:25:11,040 --> 00:25:14,320
Speaker 3: hit public markets, you've made millions and millions of dollars.

452
00:25:14,600 --> 00:25:17,560
Speaker 3: Now there's talk about SpaceX. I'm sure you've seen potentially

453
00:25:17,600 --> 00:25:21,880
Speaker 3: going public at evaluation of one point five trillion dollars,

454
00:25:22,160 --> 00:25:25,080
Speaker 3: which means a lot of the value created in that

455
00:25:25,240 --> 00:25:29,920
Speaker 3: company will never have been accessible to so called average investors.

456
00:25:30,119 --> 00:25:33,520
Speaker 3: The number of public companies is declining overall. Are you

457
00:25:33,680 --> 00:25:36,600
Speaker 3: concerned at all about the way that the public markets

458
00:25:36,600 --> 00:25:39,200
Speaker 3: are kind of being skipped and all of the value

459
00:25:39,320 --> 00:25:43,840
Speaker 3: is being created now in private marketplaces, which doesn't give

460
00:25:44,119 --> 00:25:48,479
Speaker 3: the average Joe investor the same access to roaring growth

461
00:25:48,520 --> 00:25:52,000
Speaker 3: marketplace companies as might have existed back in the nineties

462
00:25:52,080 --> 00:25:52,560
Speaker 3: or before.

463
00:25:53,960 --> 00:25:57,879
Speaker 9: I understand your point about public versus private markets, and

464
00:25:57,920 --> 00:26:01,080
Speaker 9: I think that reflects the fact that you know, under

465
00:26:01,480 --> 00:26:06,800
Speaker 9: unfortunately many Democrat administrations, at significant overregulation, so capital immediately

466
00:26:06,840 --> 00:26:10,240
Speaker 9: went to the private market instead of the public market.

467
00:26:10,560 --> 00:26:12,880
Speaker 9: But what we know is over the past year, we've

468
00:26:12,880 --> 00:26:17,359
Speaker 9: had tremendous growth in the stock market. The returns have

469
00:26:17,800 --> 00:26:22,160
Speaker 9: beat most money managers. Because US companies, many of which

470
00:26:22,200 --> 00:26:23,679
Speaker 9: I don't need to name the names, but you know

471
00:26:23,720 --> 00:26:26,840
Speaker 9: that have done phenomenally well. They'll continue to do well.

472
00:26:27,320 --> 00:26:30,720
Speaker 9: And as the administration tries to encourage private capital to

473
00:26:30,800 --> 00:26:35,040
Speaker 9: come in and to innovate and create I'm pretty confident,

474
00:26:35,359 --> 00:26:38,600
Speaker 9: Clay that we're going to see the US stock market

475
00:26:38,600 --> 00:26:41,320
Speaker 9: continue to perform well. Is what we call the high

476
00:26:41,400 --> 00:26:44,600
Speaker 9: data on the US economy. And President Trump knows how

477
00:26:44,640 --> 00:26:48,760
Speaker 9: to get growth moving. And you know, I'm an optimist,

478
00:26:48,800 --> 00:26:51,159
Speaker 9: so I'm not particularly worried about that. But as we

479
00:26:51,200 --> 00:26:54,639
Speaker 9: have less regulation, you might see these public markets and

480
00:26:54,720 --> 00:26:56,840
Speaker 9: I think rightly so improved. You're going to see more

481
00:26:56,920 --> 00:27:00,000
Speaker 9: merger activity. You know, business is back, as the President's

482
00:27:00,040 --> 00:27:02,960
Speaker 9: as a tremendous investment coming in the US, and the

483
00:27:03,040 --> 00:27:05,280
Speaker 9: US is inity the hottest economy in the world. I mean,

484
00:27:05,320 --> 00:27:08,560
Speaker 9: we've been growing almost five percent the last three quarters.

485
00:27:08,600 --> 00:27:11,879
Speaker 9: I mean that's incredible. And therefore the public markets are

486
00:27:11,880 --> 00:27:14,359
Speaker 9: going to benefit from that, and by default, the people

487
00:27:14,400 --> 00:27:16,199
Speaker 9: who are investing in these Trump accounts are going to

488
00:27:16,200 --> 00:27:17,000
Speaker 9: benefit as well.

489
00:27:17,400 --> 00:27:20,359
Speaker 1: Hey Joe, it's buck one more for you here, putting

490
00:27:20,359 --> 00:27:23,840
Speaker 1: on your macro economist tat for a second and maybe

491
00:27:23,880 --> 00:27:28,960
Speaker 1: your forecast or you know, no stradamus side of things,

492
00:27:29,280 --> 00:27:31,960
Speaker 1: the AI boom that we're in right now in terms

493
00:27:32,000 --> 00:27:35,040
Speaker 1: of all the money that's going toward this stuff. Are

494
00:27:35,119 --> 00:27:37,680
Speaker 1: you a believer and sort of the elon model of

495
00:27:37,720 --> 00:27:39,560
Speaker 1: this stuff is all real. It's going to change the

496
00:27:39,600 --> 00:27:41,600
Speaker 1: world we live in and the productivity gains are going

497
00:27:41,640 --> 00:27:43,840
Speaker 1: to be stratospheric Or do you have concerns about a

498
00:27:43,840 --> 00:27:46,520
Speaker 1: pullback because we might be a little cart before the

499
00:27:46,560 --> 00:27:47,479
Speaker 1: horse on this stuff.

500
00:27:48,200 --> 00:27:51,160
Speaker 9: I mean, look, you have you have a huge equity boom.

501
00:27:51,280 --> 00:27:54,080
Speaker 9: I mean you've had a forty five percent or forty

502
00:27:54,119 --> 00:27:56,520
Speaker 9: something percent increase off of the April lows is one

503
00:27:56,560 --> 00:27:59,960
Speaker 9: of the biggest recoveries post Liberation Day we've ever had

504
00:28:00,560 --> 00:28:03,360
Speaker 9: following a fifteen percent DOC draw down in the markets

505
00:28:03,400 --> 00:28:06,960
Speaker 9: are understandably optimistic about the future that the President has

506
00:28:07,040 --> 00:28:09,800
Speaker 9: laid forth. That's not to say they won't be corrections

507
00:28:09,840 --> 00:28:11,480
Speaker 9: along the way, but I think we have to look

508
00:28:11,520 --> 00:28:13,960
Speaker 9: at the long term picture and the fact that the

509
00:28:14,080 --> 00:28:18,280
Speaker 9: US market is so innovative, so dynamic, and US companies

510
00:28:18,280 --> 00:28:20,879
Speaker 9: are set to thrive. The President has set the field

511
00:28:21,200 --> 00:28:23,879
Speaker 9: for those companies to thrive and he's got people in

512
00:28:23,960 --> 00:28:26,439
Speaker 9: leadership positions such as the secretary. They're going to make

513
00:28:26,480 --> 00:28:30,560
Speaker 9: sure that private capital is accessed in the most efficient way.

514
00:28:31,200 --> 00:28:33,440
Speaker 9: And the AI story is for real. I think it's

515
00:28:33,520 --> 00:28:37,119
Speaker 9: very important. We're certainly seeing the productivity data and you know,

516
00:28:37,320 --> 00:28:39,760
Speaker 9: as there could there be you know, some spending that

517
00:28:39,840 --> 00:28:41,360
Speaker 9: needs to be cut back here and there, of course,

518
00:28:41,400 --> 00:28:43,520
Speaker 9: but that's you know, that's the nature of the cycle.

519
00:28:43,600 --> 00:28:46,479
Speaker 9: But I think generally speaking, you know, the optimism that

520
00:28:46,480 --> 00:28:49,720
Speaker 9: we're seeing in markets is well placed, buck because you're

521
00:28:49,720 --> 00:28:52,400
Speaker 9: seeing in the GDP data, you're seeing in strong capex.

522
00:28:52,480 --> 00:28:54,600
Speaker 9: You're going to see it more on the investment side,

523
00:28:54,880 --> 00:28:57,680
Speaker 9: especially for factories because that expensing is.

524
00:28:57,640 --> 00:28:59,400
Speaker 10: Only going to last three years.

525
00:28:59,160 --> 00:29:00,600
Speaker 9: So that's going to see you're going to see a

526
00:29:00,600 --> 00:29:02,920
Speaker 9: big boom there. And I do think you are. Because

527
00:29:02,960 --> 00:29:06,120
Speaker 9: inflation we'll continue to move down. You will see interest

528
00:29:06,200 --> 00:29:09,120
Speaker 9: rates come down. That said should be lowering rates further.

529
00:29:09,560 --> 00:29:11,560
Speaker 9: That's going to use affordability. It's going to make home

530
00:29:11,600 --> 00:29:16,160
Speaker 9: buying more accessible to folks. And it's all to me,

531
00:29:16,240 --> 00:29:18,640
Speaker 9: it's all good news. And maybe I'm too optimistic, but

532
00:29:19,280 --> 00:29:23,000
Speaker 9: President Trump has had a powerful influence on that. I

533
00:29:23,040 --> 00:29:25,000
Speaker 9: never want to sell the US economy short.

534
00:29:25,520 --> 00:29:28,080
Speaker 3: Oh, I think the economy is going to be flying

535
00:29:28,160 --> 00:29:31,080
Speaker 3: and firing on all cylinders. And like you just said,

536
00:29:31,120 --> 00:29:34,320
Speaker 3: we're over five percent for the fourth quarter, and man,

537
00:29:34,360 --> 00:29:36,760
Speaker 3: if we could get five percent growth in twenty twenty six,

538
00:29:36,800 --> 00:29:39,360
Speaker 3: it would be transformative on so many different levels.

539
00:29:39,440 --> 00:29:41,840
Speaker 2: Joe, we appreciate the time. Thanks for coming on with us.

540
00:29:42,320 --> 00:29:45,360
Speaker 9: Thanks, guys, appreciate being on look.

541
00:29:45,400 --> 00:29:47,520
Speaker 3: I want to tell you online identity theft is a

542
00:29:47,560 --> 00:29:50,600
Speaker 3: silent crime happens without any alarms going off. The police

543
00:29:50,640 --> 00:29:52,960
Speaker 3: don't show up to arrest a cyber hacker, but it

544
00:29:53,000 --> 00:29:55,800
Speaker 3: can happen to every one out of four of us

545
00:29:55,840 --> 00:29:58,120
Speaker 3: one way or the other. Worst part is you won't

546
00:29:58,160 --> 00:30:01,080
Speaker 3: know when it's coming. That's why you need LifeLock. LifeLock

547
00:30:01,120 --> 00:30:03,959
Speaker 3: will monitor hundreds of millions of data points a second

548
00:30:04,320 --> 00:30:07,320
Speaker 3: for identity threats. If and when they see evidence your

549
00:30:07,400 --> 00:30:10,720
Speaker 3: name and identities being used without your permission, they notify

550
00:30:10,800 --> 00:30:14,040
Speaker 3: you immediately. If you do become a victim of identity theft,

551
00:30:14,080 --> 00:30:17,720
Speaker 3: you get your own restoration specialist at LifeLock who will

552
00:30:17,720 --> 00:30:20,520
Speaker 3: work to fix it guaranteed or your money back. Not

553
00:30:20,600 --> 00:30:25,719
Speaker 3: only that, your protection backed by Lifelock's million dollar protection package.

554
00:30:25,920 --> 00:30:28,840
Speaker 3: Join now and say forty percent off your first year

555
00:30:28,880 --> 00:30:32,239
Speaker 3: with my name Clay. When you sign up online or

556
00:30:32,280 --> 00:30:35,720
Speaker 3: over the phone, whichever is easiest. Call one eight hundred

557
00:30:35,840 --> 00:30:40,000
Speaker 3: LifeLock or go online to LifeLock dot com promo code

558
00:30:40,080 --> 00:30:43,040
Speaker 3: Clay for forty percent off terms apply.

559
00:30:44,800 --> 00:30:48,240
Speaker 11: Cheep up with the biggest political comeback in world history

560
00:30:48,280 --> 00:30:52,160
Speaker 11: on the Team forty seven podcast playin Book Highlight Trump

561
00:30:52,200 --> 00:30:55,400
Speaker 11: free plays from the week Sundays at noon Eastern. Find

562
00:30:55,400 --> 00:30:57,960
Speaker 11: it on the iHeartRadio app or wherever you.

563
00:30:58,000 --> 00:31:00,640
Speaker 2: Get your podcasts. Welcome in.

564
00:31:00,840 --> 00:31:04,080
Speaker 1: Third hour of play and Buck kicks off right now.

565
00:31:04,120 --> 00:31:06,200
Speaker 1: We've got a lot to dive into with all of

566
00:31:06,240 --> 00:31:07,840
Speaker 1: you. You want to get some of your talkbacks and calls

567
00:31:07,920 --> 00:31:11,120
Speaker 1: us hour for sure, so line them up, light them up,

568
00:31:11,200 --> 00:31:13,480
Speaker 1: get them going. You'll know the phone number of the

569
00:31:13,520 --> 00:31:16,800
Speaker 1: talkback is on the iHeart app. Goes to play in

570
00:31:16,840 --> 00:31:19,320
Speaker 1: Buck page, and you should subscribe to the Playing Buck

571
00:31:19,400 --> 00:31:23,800
Speaker 1: podcasting work and also you can press the little microphone

572
00:31:23,840 --> 00:31:28,680
Speaker 1: send us those talkbacks. Play something interesting, some breaking news

573
00:31:28,720 --> 00:31:33,320
Speaker 1: that you have responded to, or do you have brought up.

574
00:31:33,240 --> 00:31:35,280
Speaker 2: Here We can get into a little bit more, but it.

575
00:31:35,240 --> 00:31:40,880
Speaker 1: Looks like there's some action going on in Fulton County.

576
00:31:41,480 --> 00:31:43,680
Speaker 3: Yeah, let's get into that here in a sec Buck,

577
00:31:43,720 --> 00:31:46,800
Speaker 3: But first, Fed no change on interest rates. That just

578
00:31:46,880 --> 00:31:49,560
Speaker 3: happened in the last two minutes or so for those

579
00:31:49,600 --> 00:31:53,160
Speaker 3: of you out there, stock market not moving very much.

580
00:31:53,200 --> 00:31:55,200
Speaker 3: You mentioned the SNP five hundred it hit a new

581
00:31:55,280 --> 00:31:56,400
Speaker 3: high today, and it did.

582
00:31:56,480 --> 00:31:58,520
Speaker 2: It's down a little bit, but just.

583
00:31:58,680 --> 00:32:02,480
Speaker 1: Kind of a no news, breaking news situation with that one, Like, yeah,

584
00:32:02,680 --> 00:32:03,480
Speaker 1: status quo.

585
00:32:04,440 --> 00:32:06,560
Speaker 2: Nothing changed, that's the expectation.

586
00:32:06,720 --> 00:32:08,440
Speaker 3: But yes, I just want to put that out there,

587
00:32:08,440 --> 00:32:10,640
Speaker 3: to the extent somebody's sitting around there like, what's gonna

588
00:32:10,640 --> 00:32:12,600
Speaker 3: happen with the FED rates? Why didn't play and Buck

589
00:32:12,640 --> 00:32:16,720
Speaker 3: tell us, well, there you go, all right now Atlanta, Yeah, Clay,

590
00:32:16,880 --> 00:32:19,719
Speaker 3: believe it or not, not everyone on this in this audience.

591
00:32:19,760 --> 00:32:22,960
Speaker 1: Is that a Bloomberg terminal doing the by sell thing

592
00:32:23,160 --> 00:32:27,360
Speaker 1: like Gordon with what interest rates are? Because I think

593
00:32:27,400 --> 00:32:30,240
Speaker 1: it's actually the most important thing when it comes to

594
00:32:30,600 --> 00:32:34,280
Speaker 1: unfreezing our housing market. Uh and until we get back

595
00:32:34,320 --> 00:32:37,400
Speaker 1: down to reasonable five percent rates on mortgages, I don't

596
00:32:37,440 --> 00:32:39,400
Speaker 1: think things are going to change a lot. But we

597
00:32:39,440 --> 00:32:43,800
Speaker 1: do have this major FBI raid going on right now,

598
00:32:44,240 --> 00:32:46,040
Speaker 1: and you've got to think some of you will find

599
00:32:46,040 --> 00:32:49,080
Speaker 1: this more exciting news. But that depends depends on whether

600
00:32:49,160 --> 00:32:52,720
Speaker 1: or not you're you're making making magic happen on Wall Street.

601
00:32:53,000 --> 00:32:53,720
Speaker 2: Here we have.

602
00:32:55,240 --> 00:32:59,280
Speaker 1: FBI agents seen carrying out a search warrant at an

603
00:32:59,280 --> 00:33:04,400
Speaker 1: election the hub in Fulton County, Georgia. Uh and this

604
00:33:04,680 --> 00:33:11,600
Speaker 1: is obviously related based on the reporting to twenty twenty.

605
00:33:12,000 --> 00:33:15,320
Speaker 1: It is now twenty twenty six, and we're doing some

606
00:33:16,400 --> 00:33:19,560
Speaker 1: going to look into the twenty twenty situation. It is

607
00:33:19,600 --> 00:33:22,440
Speaker 1: not immediately clear for sure what they're looking at, but

608
00:33:22,600 --> 00:33:27,120
Speaker 1: Fox News and others are reporting that it's probably having

609
00:33:27,120 --> 00:33:28,720
Speaker 1: to do with the twenty twenty election. I think that's

610
00:33:28,720 --> 00:33:31,200
Speaker 1: a safe bet. I don't think they're just going into

611
00:33:31,360 --> 00:33:35,040
Speaker 1: a Fulton category. Of all the possible election places to

612
00:33:35,120 --> 00:33:38,560
Speaker 1: be sending the FBI right now, the one that was

613
00:33:38,760 --> 00:33:42,000
Speaker 1: more at the center of the twenty twenty Stop the

614
00:33:42,040 --> 00:33:44,920
Speaker 1: Steal conversations than any other. Oh wow, I guess we're like,

615
00:33:45,000 --> 00:33:46,520
Speaker 1: you're allowed to say these things now. Remember when you

616
00:33:46,520 --> 00:33:47,960
Speaker 1: were actually banned from even talking.

617
00:33:48,080 --> 00:33:48,760
Speaker 2: I truly mean this.

618
00:33:48,880 --> 00:33:52,320
Speaker 1: You were banned on YouTube. I can't even remember all

619
00:33:52,320 --> 00:33:55,800
Speaker 1: the rules Facebook too. If you talked about stolen election.

620
00:33:56,360 --> 00:33:59,320
Speaker 1: You could get kicked off of social media, and that's

621
00:33:59,400 --> 00:34:02,240
Speaker 1: very interesting because they did that for COVID stuff and

622
00:34:02,280 --> 00:34:04,440
Speaker 1: we found out they were wrong. So people like me

623
00:34:04,600 --> 00:34:08,080
Speaker 1: were getting booted and shut down by YouTube and others

624
00:34:08,080 --> 00:34:10,800
Speaker 1: for saying things like masks don't work to stop the spread,

625
00:34:10,800 --> 00:34:14,960
Speaker 1: which of course they don't, and all this stuff. Now

626
00:34:15,000 --> 00:34:17,440
Speaker 1: we may have an interest situation where more facts will

627
00:34:17,440 --> 00:34:19,799
Speaker 1: come out about twenty twenty based on the investigation, and

628
00:34:19,800 --> 00:34:22,719
Speaker 1: we will once again have to revisit what is disinformation

629
00:34:23,160 --> 00:34:26,400
Speaker 1: and just what is the powerful using their power to

630
00:34:26,560 --> 00:34:30,920
Speaker 1: shut down dissent, conversation questions all of that. Clay, we

631
00:34:30,960 --> 00:34:34,000
Speaker 1: don't have anything on this right now. The DOJ did

632
00:34:34,040 --> 00:34:40,319
Speaker 1: not comment on it directly, but stuff's gonna heat up

633
00:34:40,400 --> 00:34:42,680
Speaker 1: in Fulton County, Georgia. I don't think they'd send the

634
00:34:42,760 --> 00:34:45,960
Speaker 1: FBI in there unless they were at least they had

635
00:34:46,000 --> 00:34:47,600
Speaker 1: some idea what they were looking for.

636
00:34:48,440 --> 00:34:54,000
Speaker 3: Yeah, look, I think that increasingly, even for people that

637
00:34:54,800 --> 00:34:58,880
Speaker 3: wanted to pretend nothing happened, the twenty twenty election is

638
00:34:59,000 --> 00:35:03,040
Speaker 3: like a steroid in Baseball era where you look at

639
00:35:03,040 --> 00:35:06,840
Speaker 3: the number and eighty one million votes for Joe Biden

640
00:35:07,360 --> 00:35:10,799
Speaker 3: makes a lot of people say hmm, because you go

641
00:35:10,880 --> 00:35:14,760
Speaker 3: look at what happened with Trump in twenty sixteen, twenty twenty,

642
00:35:14,800 --> 00:35:18,600
Speaker 3: twenty twenty four. Every one of those elections, his support grew.

643
00:35:19,200 --> 00:35:21,000
Speaker 3: And then you go back and you look and you say,

644
00:35:21,040 --> 00:35:23,920
Speaker 3: wait a minute, Joe Biden got way more votes than

645
00:35:24,000 --> 00:35:27,600
Speaker 3: Hillary in twenty sixteen and Kamala in twenty twenty four.

646
00:35:28,160 --> 00:35:32,200
Speaker 2: What's actually going on here? Now? Here is the challenge? Buck.

647
00:35:32,280 --> 00:35:37,120
Speaker 3: We are sitting at what is it over five years

648
00:35:37,160 --> 00:35:40,880
Speaker 3: since the twenty twenty election, and I understand a lot

649
00:35:40,920 --> 00:35:44,080
Speaker 3: of people out there want there to be some consequences

650
00:35:44,120 --> 00:35:50,480
Speaker 3: for this. The statutes of limitation are becoming huge barriers

651
00:35:50,719 --> 00:35:54,839
Speaker 3: to bringing charges in cases such as these, and I

652
00:35:54,880 --> 00:35:57,840
Speaker 3: think as we go forward, that's going to become even

653
00:35:57,920 --> 00:36:01,480
Speaker 3: more and more the case. And so I don't know

654
00:36:01,520 --> 00:36:04,120
Speaker 3: what they're looking at in particular here.

655
00:36:04,480 --> 00:36:05,360
Speaker 2: I would love to know.

656
00:36:06,920 --> 00:36:11,919
Speaker 3: Maybe there's some involvement relating to the Fannie Willis investigation.

657
00:36:12,040 --> 00:36:16,279
Speaker 3: Remember the charges that were brought in Georgia. Trump one

658
00:36:16,400 --> 00:36:21,160
Speaker 3: Georgia in twenty sixteen, Trump won Georgia in twenty twenty four.

659
00:36:21,760 --> 00:36:23,680
Speaker 3: And I think a lot of people look at twenty

660
00:36:23,760 --> 00:36:29,640
Speaker 3: twenty and say, what happened in that election. And so

661
00:36:29,840 --> 00:36:32,000
Speaker 3: we'll see if anything comes out of this. All we

662
00:36:32,120 --> 00:36:35,400
Speaker 3: know is again reports that the FBI is conducting a

663
00:36:35,480 --> 00:36:40,520
Speaker 3: raid in Fulton County, and we don't know anything beyond that.

664
00:36:41,120 --> 00:36:44,640
Speaker 1: I get you the following voter fraud five year statute,

665
00:36:44,719 --> 00:36:48,200
Speaker 1: Campaign finance Violations five year statute.

666
00:36:49,719 --> 00:36:52,120
Speaker 2: You know, there's a mail fraud.

667
00:36:53,520 --> 00:36:55,680
Speaker 1: I think there's a whole bunch of these things that

668
00:36:56,160 --> 00:37:00,000
Speaker 1: would not be eligible based on being timed by.

669
00:37:01,000 --> 00:37:02,879
Speaker 2: But maybe there's you know.

670
00:37:03,239 --> 00:37:04,799
Speaker 1: By the way, there's a whole lot of stuff, and

671
00:37:04,840 --> 00:37:06,880
Speaker 1: we saw this used against Trump. Maybe there's you know,

672
00:37:06,920 --> 00:37:09,400
Speaker 1: a conspiracy to deprive rights and you get into some

673
00:37:09,440 --> 00:37:11,840
Speaker 1: civil rights thing, and you know, there's a lot of ways.

674
00:37:12,880 --> 00:37:15,520
Speaker 1: There's a lot of ways that if the people making

675
00:37:15,560 --> 00:37:17,640
Speaker 1: the decisions about charging want to get.

676
00:37:17,480 --> 00:37:20,919
Speaker 2: You, they can get you. So we'll see where this goes.

677
00:37:22,520 --> 00:37:25,799
Speaker 1: I honestly, I have low I'm just gonna tell you

678
00:37:26,040 --> 00:37:27,320
Speaker 1: I have low expectations.

679
00:37:28,000 --> 00:37:29,840
Speaker 2: And this is also where I get into trouble.

680
00:37:29,840 --> 00:37:32,759
Speaker 1: But I'm right because just like in other things like

681
00:37:32,800 --> 00:37:35,480
Speaker 1: this where I've said, oh, the JFK.

682
00:37:35,160 --> 00:37:37,600
Speaker 6: Files, they're going to release the JFK files and we're

683
00:37:37,600 --> 00:37:39,279
Speaker 6: gonna find out all the truth, all.

684
00:37:39,200 --> 00:37:41,640
Speaker 1: The It's like, guys, I was in the CIA, Okay,

685
00:37:41,800 --> 00:37:43,800
Speaker 1: trust me. If there was really cool stuff in the

686
00:37:43,840 --> 00:37:46,720
Speaker 1: JFK files, someone would have left the CIA and written

687
00:37:46,760 --> 00:37:49,520
Speaker 1: a book about it and gotten rich. Okay, there's nothing.

688
00:37:49,520 --> 00:37:51,680
Speaker 1: There's nothing that fascinating. There might be a little thing here,

689
00:37:51,719 --> 00:37:54,760
Speaker 1: a little thing there, But if it's that juicy a secret,

690
00:37:54,880 --> 00:37:58,359
Speaker 1: it doesn't stay secret that long. It's really hard to do,

691
00:37:59,680 --> 00:38:01,719
Speaker 1: and especially when you get all these different people that

692
00:38:01,760 --> 00:38:03,640
Speaker 1: are like have of these theories and conspiracies. I know,

693
00:38:03,760 --> 00:38:05,640
Speaker 1: people gonnayellopt me for this. I like it, yell at me.

694
00:38:05,640 --> 00:38:07,120
Speaker 1: Clay's not the only one who likes when you yell

695
00:38:07,120 --> 00:38:11,680
Speaker 1: at them. I like it too. But on this one, Clay, oh,

696
00:38:11,719 --> 00:38:15,680
Speaker 1: what they just kept the They kept the microfilm or

697
00:38:16,040 --> 00:38:19,160
Speaker 1: they kept the videotape microfilm spy stuff. They kept the

698
00:38:19,239 --> 00:38:22,960
Speaker 1: videotape that has the poll workers like stuffing the ballots

699
00:38:23,000 --> 00:38:26,120
Speaker 1: and some come on, it's been six years. They have

700
00:38:26,120 --> 00:38:27,640
Speaker 1: had plenty of time to clean this up. This is

701
00:38:27,640 --> 00:38:29,520
Speaker 1: my concern. This is always my concern about the Epstein

702
00:38:29,520 --> 00:38:33,160
Speaker 1: stuff too. By the way, it doesn't just stick around.

703
00:38:33,280 --> 00:38:37,440
Speaker 1: They don't just keep the smoking gun listed and bagged

704
00:38:37,520 --> 00:38:38,840
Speaker 1: up as smoking gun.

705
00:38:39,960 --> 00:38:47,399
Speaker 3: I do think on Atlanta in particular, something something is. Look,

706
00:38:47,440 --> 00:38:49,640
Speaker 3: we've got a big election that's coming up, a Senate

707
00:38:49,719 --> 00:38:53,799
Speaker 3: race that's gonna happen in Georgia and Atlanta is it

708
00:38:53,880 --> 00:38:57,840
Speaker 3: seems to me a place where a lot of untoward

709
00:38:58,200 --> 00:39:01,560
Speaker 3: aspects of elections been allowed to take place. I think

710
00:39:01,560 --> 00:39:05,839
Speaker 3: that's fair to say. And again, I just come back

711
00:39:05,880 --> 00:39:08,920
Speaker 3: to poor Brady Anderson. Maybe he's out there listening.

712
00:39:08,960 --> 00:39:09,200
Speaker 2: Buck.

713
00:39:09,239 --> 00:39:12,600
Speaker 3: Brady Anderson was a guy who hit fifty home runs

714
00:39:12,640 --> 00:39:15,480
Speaker 3: out of nowhere and suddenly, you know, he looked like

715
00:39:15,560 --> 00:39:20,319
Speaker 3: Popeye when he was in the batter's box, and everybody said, yeah,

716
00:39:20,480 --> 00:39:22,920
Speaker 3: you know, maybe something's going on here. I think the

717
00:39:22,960 --> 00:39:27,080
Speaker 3: eighty one million is increasingly difficult to justify, even for

718
00:39:27,600 --> 00:39:31,640
Speaker 3: reasonable rational people. Will there be consequences?

719
00:39:31,680 --> 00:39:31,879
Speaker 9: Though?

720
00:39:31,920 --> 00:39:34,839
Speaker 3: This is where you and I agree. I think we're

721
00:39:34,880 --> 00:39:38,640
Speaker 3: over five years from that election. I think the consequences,

722
00:39:38,680 --> 00:39:42,000
Speaker 3: frankly were Trump came back in, won the popular vote,

723
00:39:42,040 --> 00:39:45,400
Speaker 3: swept to a commanding victory in twenty twenty four. I

724
00:39:45,440 --> 00:39:49,680
Speaker 3: think you have to accept that as the ultimate consequence,

725
00:39:49,760 --> 00:39:53,920
Speaker 3: because everything that he's been able to implement since is

726
00:39:54,440 --> 00:39:58,200
Speaker 3: far more impactful and I will say Trump in twenty

727
00:39:58,239 --> 00:40:01,879
Speaker 3: twenty four winning that e election is more powerful than

728
00:40:01,920 --> 00:40:05,040
Speaker 3: Trump would have been if Trump had won in twenty twenty.

729
00:40:05,080 --> 00:40:06,560
Speaker 2: Now, the border.

730
00:40:06,239 --> 00:40:08,560
Speaker 3: Wouldn't have been wide open, they wouldn't have gotten ten

731
00:40:08,600 --> 00:40:10,680
Speaker 3: million illegals. I don't think we ever would have hit

732
00:40:10,760 --> 00:40:14,840
Speaker 3: nine percent inflation, all those things. But I think Trump

733
00:40:15,000 --> 00:40:17,640
Speaker 3: this term is far more powerful than he would have

734
00:40:17,640 --> 00:40:20,120
Speaker 3: been if he had won in twenty twenty. And so

735
00:40:20,320 --> 00:40:23,200
Speaker 3: ultimately that's the revenge that I think is the most

736
00:40:23,239 --> 00:40:28,080
Speaker 3: satisfying is that victory. And we'll see how that goes.

737
00:40:28,960 --> 00:40:31,279
Speaker 1: I mean, to me, the biggest thing when you're talking

738
00:40:31,320 --> 00:40:35,120
Speaker 1: about elections and election and integrity is making sure that

739
00:40:35,160 --> 00:40:39,400
Speaker 1: they're secure going forward, and I haven't seen a lot

740
00:40:39,440 --> 00:40:43,359
Speaker 1: of action on that. One of the challenges, of course,

741
00:40:43,400 --> 00:40:46,120
Speaker 1: is that a Democrat controlled states, they don't want voter

742
00:40:46,239 --> 00:40:48,560
Speaker 1: idea and they don't want any accountability, and they want

743
00:40:48,560 --> 00:40:50,840
Speaker 1: to make it as wide open and easy as you know.

744
00:40:50,840 --> 00:40:52,680
Speaker 1: They want to treat voting like they treated the border,

745
00:40:52,719 --> 00:40:55,359
Speaker 1: a total mess of lawlessness, where there's no accountability and

746
00:40:55,400 --> 00:40:57,839
Speaker 1: no one can know what's going on, or except they

747
00:40:57,840 --> 00:40:59,879
Speaker 1: know what's going on, which is the destruction of the whole.

748
00:41:00,680 --> 00:41:04,680
Speaker 1: So I think on this one, like I said, I wouldn't.

749
00:41:04,680 --> 00:41:09,040
Speaker 1: I wouldn't hold your hopes, hold your hopes outer up?

750
00:41:09,080 --> 00:41:10,080
Speaker 2: Do you hold them outer up?

751
00:41:11,760 --> 00:41:14,479
Speaker 1: I would your hopes hopes up up? All right, yeah,

752
00:41:14,560 --> 00:41:16,239
Speaker 1: I hold out your hopes do what do you do

753
00:41:16,280 --> 00:41:18,560
Speaker 1: with your hopes? Point is I wouldn't get too excited

754
00:41:18,560 --> 00:41:22,200
Speaker 1: about this one base one I've seen so far. They

755
00:41:22,280 --> 00:41:24,279
Speaker 1: have some reason for this. They're gonna look and see

756
00:41:24,280 --> 00:41:27,640
Speaker 1: what they might find some interesting information. But I'll tell

757
00:41:27,640 --> 00:41:30,640
Speaker 1: you this doesn't matter what they find. They could have

758
00:41:30,680 --> 00:41:35,920
Speaker 1: a video that they find of Democrat operatives sitting around,

759
00:41:35,960 --> 00:41:38,480
Speaker 1: laughing as they twirl their mustaches about how they stole

760
00:41:38,560 --> 00:41:42,360
Speaker 1: the election in Georgia for Joe Biden. Not a single

761
00:41:42,360 --> 00:41:45,000
Speaker 1: Democrat will believe it as it happens under this administration.

762
00:41:45,040 --> 00:41:45,359
Speaker 2: Not one.

763
00:41:46,280 --> 00:41:48,640
Speaker 1: So just just get ready for that. Doesn't matter what

764
00:41:48,880 --> 00:41:51,239
Speaker 1: you want to talk smoking gun. They could find an

765
00:41:51,280 --> 00:41:55,400
Speaker 1: actual smoking gun, and they could find video that says

766
00:41:55,520 --> 00:41:58,399
Speaker 1: like this is exactly what happened, and they still Clay,

767
00:41:58,480 --> 00:42:02,080
Speaker 1: do you disagree that the Democrat with savs forty percent

768
00:42:02,080 --> 00:42:05,640
Speaker 1: of Democrats thought that Trump actually hacked voting machines with.

769
00:42:05,640 --> 00:42:09,480
Speaker 3: Russia's help in twenty sixteen. Yeah, I actually think what

770
00:42:09,600 --> 00:42:13,759
Speaker 3: it might create is maybe we'll get more honest reporting

771
00:42:14,200 --> 00:42:17,439
Speaker 3: from a variety of sources, because in order to get

772
00:42:17,480 --> 00:42:20,120
Speaker 3: the warrant, you have to have provided some form of

773
00:42:20,200 --> 00:42:23,560
Speaker 3: probable cause that a crime might have occurred. I would

774
00:42:23,600 --> 00:42:27,520
Speaker 3: like to everything gets leaked all the time, Buck, I

775
00:42:27,520 --> 00:42:30,719
Speaker 3: would like to know what the warrant says and what

776
00:42:30,800 --> 00:42:32,879
Speaker 3: they're searching for. Let me give you a positive news

777
00:42:32,960 --> 00:42:35,200
Speaker 3: story that doesn't have anything to do with the FED.

778
00:42:35,800 --> 00:42:40,320
Speaker 3: Pambondi just posted that we have arrested sixteen Minnesota rioters

779
00:42:40,680 --> 00:42:45,359
Speaker 3: for allegedly assaulting federal law enforcement. They're posting all the

780
00:42:45,360 --> 00:42:50,239
Speaker 3: photos of those arrests, and she says there's more to come.

781
00:42:50,320 --> 00:42:51,719
Speaker 3: I mean, I think a lot of you are with

782
00:42:51,800 --> 00:42:53,759
Speaker 3: me and saying it seems like there's a lot more

783
00:42:53,840 --> 00:42:57,440
Speaker 3: than sixteen people that have been rioting. But that is

784
00:42:57,480 --> 00:43:01,840
Speaker 3: at least a positive story. She says, we expect more riot,

785
00:43:02,200 --> 00:43:05,399
Speaker 3: more riot arrests to come, and they are posting all

786
00:43:05,480 --> 00:43:09,960
Speaker 3: of the mug shots of people in Minneapolis. Maybe possibly

787
00:43:10,280 --> 00:43:12,560
Speaker 3: this is part of the compromise that was put in

788
00:43:12,640 --> 00:43:16,320
Speaker 3: place since Tom Holman is there, that they are able

789
00:43:16,400 --> 00:43:19,440
Speaker 3: to now go and arrest people who are violating and

790
00:43:19,560 --> 00:43:21,800
Speaker 3: rioting surrounding these incidents.

791
00:43:22,120 --> 00:43:23,680
Speaker 1: It is, it is a step in the right direction.

792
00:43:23,760 --> 00:43:25,320
Speaker 1: Do you want me to hit the wampwomp button or

793
00:43:25,360 --> 00:43:26,200
Speaker 1: you want me to hold off?

794
00:43:26,400 --> 00:43:27,960
Speaker 2: Oh, poor wamp wamp.

795
00:43:29,000 --> 00:43:32,960
Speaker 1: I mean the wampwomp that happens, my friends, is they're

796
00:43:33,000 --> 00:43:36,600
Speaker 1: going to be prosecuted. Guess where in Minnesota They're going.

797
00:43:36,600 --> 00:43:38,319
Speaker 3: To be released and there's not going to be any

798
00:43:38,320 --> 00:43:41,719
Speaker 3: serious consequences for them. I feel confident that you are correct.

799
00:43:41,440 --> 00:43:47,359
Speaker 1: There, wom But still the right move, Still the right move.

800
00:43:47,760 --> 00:43:50,640
Speaker 1: Gotta do what you gotta do. All look, speaking of

801
00:43:50,719 --> 00:43:52,759
Speaker 1: right moves, owning gold is a right move. That's a

802
00:43:52,760 --> 00:43:56,120
Speaker 1: smart one. It's no longer reserved for wealthy bankers twirling

803
00:43:56,160 --> 00:44:00,480
Speaker 1: their mustaches, business owners, foreign governments. It's available to you

804
00:44:00,520 --> 00:44:02,439
Speaker 1: and me. I just got some gold last few days.

805
00:44:02,440 --> 00:44:05,640
Speaker 1: It arrived courtesy of my friends at the Birch Gold Group.

806
00:44:05,840 --> 00:44:07,440
Speaker 1: I mean I bought it, but they sent it to me.

807
00:44:07,920 --> 00:44:10,080
Speaker 1: And I'm a big believer in gold. I'm a big

808
00:44:10,120 --> 00:44:12,800
Speaker 1: believer in having gold. I have had it for many years.

809
00:44:12,840 --> 00:44:15,440
Speaker 1: And guess what, the money that I spent on gold

810
00:44:16,480 --> 00:44:18,400
Speaker 1: was well spent because it's a whole lot more valuable

811
00:44:18,400 --> 00:44:21,000
Speaker 1: now than when I bought it, and that continues to

812
00:44:21,000 --> 00:44:22,840
Speaker 1: be true for the long term gold over the last

813
00:44:22,840 --> 00:44:26,160
Speaker 1: twenty years a up seven hundred percent. That's a seven

814
00:44:26,480 --> 00:44:29,520
Speaker 1: x return for just taking some cash and converting it

815
00:44:29,560 --> 00:44:31,520
Speaker 1: into gold. You can also take, by the way, at

816
00:44:31,520 --> 00:44:34,160
Speaker 1: old four oh one k or ira and transition that

817
00:44:34,560 --> 00:44:37,279
Speaker 1: into a gold iray or four oh one k, and

818
00:44:37,360 --> 00:44:39,359
Speaker 1: Birch Gold can help you roll that iray or four

819
00:44:39,400 --> 00:44:42,520
Speaker 1: oh one k and you'll be eligible for a rebate

820
00:44:42,560 --> 00:44:45,839
Speaker 1: of a ten thousand dollars. So your turn to buy

821
00:44:45,840 --> 00:44:48,959
Speaker 1: some gold until February first, this Sunday, your first time

822
00:44:48,960 --> 00:44:51,160
Speaker 1: gold buyer. Birch Gold is offering that rebate of up

823
00:44:51,160 --> 00:44:54,640
Speaker 1: to ten thousand dollars on qualifying purchases. To claim eligibility

824
00:44:54,680 --> 00:44:57,439
Speaker 1: and start the process. Text by name Buck Do ninety

825
00:44:57,480 --> 00:45:00,359
Speaker 1: eight ninety eight ninety eight. Make right now your time

826
00:45:00,400 --> 00:45:03,200
Speaker 1: to buy gold. Take advantage of that rebate. Text my

827
00:45:03,320 --> 00:45:05,640
Speaker 1: name b U c K to ninety eight ninety eight

828
00:45:05,719 --> 00:45:08,520
Speaker 1: ninety eight. Text Buck to ninety eight ninety eight ninety eight.

829
00:45:09,320 --> 00:45:12,879
Speaker 8: You know him as conservative radio hosts, Now just get

830
00:45:12,920 --> 00:45:16,799
Speaker 8: to know them as guys on this Sunday Hang podcast

831
00:45:16,880 --> 00:45:17,840
Speaker 8: with Clay and Fuck.

832
00:45:18,080 --> 00:45:21,160
Speaker 3: Find it in their podcast feed, on the iHeartRadio app

833
00:45:21,239 --> 00:45:24,239
Speaker 3: or wherever you get your podcasts. We are joined now

834
00:45:24,400 --> 00:45:27,879
Speaker 3: by Mark Halpern, who's got a great show Two Way

835
00:45:27,920 --> 00:45:30,160
Speaker 3: that he debates a lot of different issues on. And

836
00:45:30,239 --> 00:45:33,440
Speaker 3: we were on Buck and I were with him earlier

837
00:45:33,560 --> 00:45:37,840
Speaker 3: this week. And we'll get into Buck's knowledge of sports

838
00:45:37,960 --> 00:45:42,560
Speaker 3: or lack thereof, in a bit. But Mark, you've covered

839
00:45:42,560 --> 00:45:45,000
Speaker 3: politics for a long time. He wrote the best selling

840
00:45:45,040 --> 00:45:48,799
Speaker 3: book Game Change, which turned into an entire movie and

841
00:45:48,840 --> 00:45:51,520
Speaker 3: sold I don't know, probably hundreds of thousands, if not

842
00:45:51,560 --> 00:45:55,359
Speaker 3: a million copies or more. How would you assess the

843
00:45:55,400 --> 00:45:58,640
Speaker 3: first year of Trump two point zero and what do

844
00:45:58,719 --> 00:46:02,240
Speaker 3: you see as the challenge as we move into Trump

845
00:46:02,640 --> 00:46:04,680
Speaker 3: twenty twenty six the second year?

846
00:46:06,400 --> 00:46:09,239
Speaker 10: Well, that's like a doctoral dissertation. Yeah, but I'll do

847
00:46:09,320 --> 00:46:12,520
Speaker 10: my best. I think that you know, there's no denying

848
00:46:12,560 --> 00:46:14,880
Speaker 10: would like the president or not. He's been very active

849
00:46:14,960 --> 00:46:17,239
Speaker 10: and I think history is going to record and no

850
00:46:17,239 --> 00:46:19,640
Speaker 10: one's really captured this. If I had time, I'd do

851
00:46:19,680 --> 00:46:22,600
Speaker 10: a book on it. The four years off was an

852
00:46:22,600 --> 00:46:26,680
Speaker 10: extraordinary blessing for the president to get stuff done. He

853
00:46:26,760 --> 00:46:28,880
Speaker 10: was a little busy being indicted, but he had time

854
00:46:28,920 --> 00:46:31,799
Speaker 10: to put a team together. He named his cabinet much

855
00:46:31,840 --> 00:46:34,640
Speaker 10: earlier than most presidents do. Think about what he wanted

856
00:46:34,680 --> 00:46:36,720
Speaker 10: to do, think about the mistakes from the first term,

857
00:46:37,120 --> 00:46:39,400
Speaker 10: and to be rested and to have people around him rested.

858
00:46:39,440 --> 00:46:41,640
Speaker 10: Most second term presidents, I have a bunch of people

859
00:46:41,800 --> 00:46:44,960
Speaker 10: who stay on after the election, but they're exhausted. This

860
00:46:45,000 --> 00:46:48,239
Speaker 10: is a refreshed, energetic group we talked yesterday. Next up,

861
00:46:48,239 --> 00:46:50,600
Speaker 10: if you guys about Scott Besson and the view you

862
00:46:50,600 --> 00:46:53,399
Speaker 10: guys have shared universally that he's just a rock star

863
00:46:53,440 --> 00:46:56,000
Speaker 10: of this administration. He didn't serve in the last term.

864
00:46:56,040 --> 00:46:59,040
Speaker 10: He's not tired after four years of Treasure secretary. He's

865
00:46:59,080 --> 00:47:02,799
Speaker 10: reaped up. So I think the energy and the thoughtfulness

866
00:47:02,800 --> 00:47:05,440
Speaker 10: and the planning and not all words you always associate

867
00:47:05,480 --> 00:47:09,200
Speaker 10: with a Trump operation are right there as a main

868
00:47:09,280 --> 00:47:12,319
Speaker 10: driver of how much he's gotten done. I think there's

869
00:47:12,360 --> 00:47:16,000
Speaker 10: three big challenges in twenty twenty six for them to

870
00:47:16,040 --> 00:47:20,320
Speaker 10: continue to try to get things done. Separate from whether

871
00:47:20,520 --> 00:47:22,279
Speaker 10: he makes the real lives of real people better, The

872
00:47:22,280 --> 00:47:25,520
Speaker 10: biggest challenge is particularly on the economy. Number one is

873
00:47:25,600 --> 00:47:27,840
Speaker 10: how's he going to pass anything. How's he going to

874
00:47:27,840 --> 00:47:30,080
Speaker 10: get sixty votes in the Senate for anything because he's

875
00:47:30,120 --> 00:47:33,080
Speaker 10: so alienated the Democrats and the way the Senate rules work.

876
00:47:33,120 --> 00:47:37,000
Speaker 10: That's got to happen too is China and the trouble

877
00:47:37,120 --> 00:47:40,440
Speaker 10: of getting leverage over China. It's just a perennial problem

878
00:47:40,480 --> 00:47:42,640
Speaker 10: for every president and I don't think they figured that

879
00:47:42,680 --> 00:47:44,959
Speaker 10: out yet. And then lastly, the midterms, they just loom

880
00:47:45,000 --> 00:47:47,040
Speaker 10: over everything. As much as they don't want to have

881
00:47:47,040 --> 00:47:49,560
Speaker 10: to spend every day thinking about that, they do. So

882
00:47:49,600 --> 00:47:51,920
Speaker 10: those are I think sort of the orientation of as

883
00:47:51,960 --> 00:47:53,920
Speaker 10: you think about has the president going to continue to

884
00:47:53,960 --> 00:48:00,200
Speaker 10: try to get the stuff on his to do list done?

885
00:48:00,480 --> 00:48:04,239
Speaker 3: When you actually break down everything that is going forward,

886
00:48:05,239 --> 00:48:09,440
Speaker 3: you laid out the challenge is there. Trump basically decided

887
00:48:09,480 --> 00:48:14,320
Speaker 3: that he didn't want to, you know, fire anybody, largely

888
00:48:14,360 --> 00:48:16,279
Speaker 3: in two point zero because I think he thought that

889
00:48:16,400 --> 00:48:19,279
Speaker 3: he overdid it in one point Oh. How does that

890
00:48:19,360 --> 00:48:21,680
Speaker 3: play going forward? With Christy Nome? Do you think he's

891
00:48:21,680 --> 00:48:23,920
Speaker 3: going to make any moves? How would you assess when

892
00:48:23,960 --> 00:48:26,200
Speaker 3: the pressure gets ratcheted up. We've kind of seen the

893
00:48:26,239 --> 00:48:30,319
Speaker 3: media bounce from one to another in the year so far.

894
00:48:30,520 --> 00:48:31,760
Speaker 3: What happens going forward.

895
00:48:32,760 --> 00:48:36,640
Speaker 10: I mean, I reported last night that he's not gonna

896
00:48:37,040 --> 00:48:40,080
Speaker 10: she's that she's going to stay. The first lady likes her,

897
00:48:40,239 --> 00:48:44,080
Speaker 10: I was told, and the dynamic, you side, the President's

898
00:48:44,120 --> 00:48:47,040
Speaker 10: just not inclined to get rid of people. But he

899
00:48:47,080 --> 00:48:51,600
Speaker 10: publicly also said, you know she was staying on. Now

900
00:48:51,600 --> 00:48:54,280
Speaker 10: he could fire her during this conversation because it's Donald Trump,

901
00:48:54,320 --> 00:48:58,040
Speaker 10: so anything could happen. But my inclination is to say

902
00:48:58,040 --> 00:49:00,719
Speaker 10: that she's going to be less visible as far at

903
00:49:00,760 --> 00:49:02,640
Speaker 10: this hour as we speak, I don't believe she's done

904
00:49:02,680 --> 00:49:05,120
Speaker 10: any TV since the home and announcement that he was

905
00:49:05,160 --> 00:49:07,279
Speaker 10: going to have a takeover, be the face of this

906
00:49:07,320 --> 00:49:09,680
Speaker 10: and go to Minneapolis. And I think, you know, she's

907
00:49:09,719 --> 00:49:12,239
Speaker 10: got a big job. She's got all of DHS that's

908
00:49:12,280 --> 00:49:15,080
Speaker 10: more than just border patrol, and I so I think

909
00:49:15,120 --> 00:49:18,000
Speaker 10: she'll primarily focus elsewhere. I don't think she'll be out

910
00:49:18,040 --> 00:49:21,160
Speaker 10: front on this stuff. But she has said now and

911
00:49:21,239 --> 00:49:24,480
Speaker 10: I reported last night she was told to say all

912
00:49:24,480 --> 00:49:26,359
Speaker 10: these things, all these things, and members of Congress are

913
00:49:26,400 --> 00:49:28,799
Speaker 10: pissed about her saying over the weekend, the White has

914
00:49:28,840 --> 00:49:31,120
Speaker 10: told her to say not just approved it, but told

915
00:49:31,120 --> 00:49:32,640
Speaker 10: her to say it, and told her afterwards she did

916
00:49:32,680 --> 00:49:34,560
Speaker 10: a great job. So I don't think she's interested in

917
00:49:34,600 --> 00:49:37,040
Speaker 10: being a fall guy or gal for this stuff. And

918
00:49:37,360 --> 00:49:39,680
Speaker 10: if I were betting, I'd bet she'll be around for

919
00:49:39,680 --> 00:49:43,399
Speaker 10: a while. She likes her job, and it's a big job,

920
00:49:43,400 --> 00:49:46,279
Speaker 10: and there's plenty to do besides be the spokesperson.

921
00:49:46,440 --> 00:49:46,840
Speaker 2: Mark.

922
00:49:46,880 --> 00:49:51,319
Speaker 1: I gotta say, I think it's it's definitely telling that

923
00:49:51,680 --> 00:49:54,960
Speaker 1: her defense involves I said the not true things that

924
00:49:55,000 --> 00:49:57,279
Speaker 1: have caused a huge problem because I was told to

925
00:49:57,280 --> 00:50:00,200
Speaker 1: say them as if there's not the option for or

926
00:50:00,640 --> 00:50:03,120
Speaker 1: I'm just not going to say them right like that.

927
00:50:04,200 --> 00:50:08,480
Speaker 10: Hundred. If there's a lesson they need to learn, it's

928
00:50:08,520 --> 00:50:10,920
Speaker 10: that there's just no mileage in going out and and

929
00:50:10,960 --> 00:50:14,319
Speaker 10: trying to win the momentary fight on X about to

930
00:50:14,320 --> 00:50:17,120
Speaker 10: define that what happened, just just say what Homan said.

931
00:50:17,200 --> 00:50:20,399
Speaker 10: We need an investigation. This is unfortunate. Let's have an

932
00:50:20,400 --> 00:50:23,440
Speaker 10: investigation and the and the suspension of the officers who

933
00:50:23,440 --> 00:50:27,239
Speaker 10: were involved. Putting them on leave is the right thing

934
00:50:27,280 --> 00:50:29,640
Speaker 10: to do. It's a standard and and and that's how

935
00:50:29,640 --> 00:50:31,600
Speaker 10: they should have handled it. So she needs to learn

936
00:50:31,600 --> 00:50:34,080
Speaker 10: that lesson, for sure, But so does Pleny of Soda.

937
00:50:34,160 --> 00:50:36,719
Speaker 10: Stephen Miller in the White House, so does the president.

938
00:50:37,440 --> 00:50:40,480
Speaker 1: It was it was pretty remarkable that they messed this

939
00:50:40,560 --> 00:50:42,600
Speaker 1: one up in that way. But I got to say,

940
00:50:42,640 --> 00:50:46,160
Speaker 1: I'm still very much of the mind that they can't.

941
00:50:46,200 --> 00:50:48,040
Speaker 1: We haven't even gotten into this really yet on the show.

942
00:50:48,040 --> 00:50:49,719
Speaker 1: We'll get into the third hour. But Mark, this is

943
00:50:49,719 --> 00:50:53,160
Speaker 1: an opportunity to bring up that you've got. In New

944
00:50:53,239 --> 00:50:57,600
Speaker 1: York City, a bunch of these maniacs, sixty five anti

945
00:50:57,680 --> 00:51:01,400
Speaker 1: ice protesters were arrested. They occupying the lobby of a

946
00:51:01,480 --> 00:51:04,960
Speaker 1: Hilton hotel, reportedly housing ICE agent. So, I mean, this

947
00:51:05,360 --> 00:51:09,080
Speaker 1: madness in Minneapolis I think is possibly going to spread.

948
00:51:09,160 --> 00:51:11,600
Speaker 1: If there's a sense that Trumps backed off, how do

949
00:51:11,680 --> 00:51:17,200
Speaker 1: you think the administration should or will balance the optics

950
00:51:17,200 --> 00:51:20,560
Speaker 1: of Minneapolis with They're going into a mid term election cycle,

951
00:51:20,800 --> 00:51:23,600
Speaker 1: and if Trump doesn't continue to deliver on the deportations

952
00:51:23,600 --> 00:51:26,160
Speaker 1: that in a large part I think help get them elected.

953
00:51:26,480 --> 00:51:28,799
Speaker 1: The base is going to be pretty unhappy one.

954
00:51:28,760 --> 00:51:31,560
Speaker 10: Hundred percent, And I know the president's political advisors are

955
00:51:31,560 --> 00:51:34,040
Speaker 10: talking about this. You can't win the election in the

956
00:51:34,040 --> 00:51:37,839
Speaker 10: midterms that the base is unhappy and the independents are

957
00:51:37,840 --> 00:51:40,520
Speaker 10: turned off your immigration policy. Right, They've got to solve

958
00:51:40,520 --> 00:51:43,319
Speaker 10: both of those simultaneously. There are many pieces to how

959
00:51:43,320 --> 00:51:45,839
Speaker 10: to fix it. One is, you've seen this even even

960
00:51:45,880 --> 00:51:49,640
Speaker 10: if the President has de escalated in his word, and

961
00:51:49,800 --> 00:51:54,640
Speaker 10: they're still emphasizing the fundamentals of the immigration policies that

962
00:51:54,719 --> 00:51:57,479
Speaker 10: are popular that help the president win. I think there's

963
00:51:57,520 --> 00:51:59,800
Speaker 10: one thing, and Steven Miller High did this yesterday, and

964
00:52:00,000 --> 00:52:03,120
Speaker 10: I think anybody who's ever covered a protest as a

965
00:52:03,160 --> 00:52:06,520
Speaker 10: reporter or been to one or more than protests activists

966
00:52:06,680 --> 00:52:09,920
Speaker 10: who want to interfere, they need some combination of federal

967
00:52:09,960 --> 00:52:14,920
Speaker 10: force and state and local to create free speech zones

968
00:52:15,320 --> 00:52:18,000
Speaker 10: and to keep people who want to interfere with their

969
00:52:18,000 --> 00:52:22,640
Speaker 10: investigations and their operations from interfering. Every time I watch

970
00:52:22,719 --> 00:52:25,880
Speaker 10: these videos of the two people who did same thing

971
00:52:25,920 --> 00:52:27,800
Speaker 10: as it comes into my head from the very first time,

972
00:52:27,960 --> 00:52:30,520
Speaker 10: why are they allowed to get so close? They shouldn't

973
00:52:30,520 --> 00:52:32,840
Speaker 10: be allowed to get so close. But the men and

974
00:52:32,880 --> 00:52:36,240
Speaker 10: women who are doing the actual operations of seizing people

975
00:52:36,640 --> 00:52:40,000
Speaker 10: for purposes of deportation, they can't also do crowd control.

976
00:52:40,239 --> 00:52:43,120
Speaker 10: That's what's caused this, right, They're trying to both be

977
00:52:43,239 --> 00:52:46,239
Speaker 10: operators and crowd controllers, and so they either need to

978
00:52:46,239 --> 00:52:48,360
Speaker 10: get the governor and the mayor and the county to

979
00:52:48,480 --> 00:52:51,040
Speaker 10: do these things, whether it's in Minneapolis or any place else,

980
00:52:51,480 --> 00:52:55,279
Speaker 10: or as Steven Miller says, the policy some of these

981
00:52:55,320 --> 00:52:58,080
Speaker 10: colleagues need to be broken off and just say you're

982
00:52:58,160 --> 00:53:01,279
Speaker 10: crowd control. You're creating the parim If I go as

983
00:53:01,280 --> 00:53:03,879
Speaker 10: a journalist to cover something like that, I can't walk

984
00:53:04,000 --> 00:53:07,080
Speaker 10: right up to the ice officers who are interredicting. Somebody

985
00:53:07,080 --> 00:53:09,279
Speaker 10: are border control. Somebody's going to stop me, somebody's going

986
00:53:09,360 --> 00:53:11,520
Speaker 10: to set up a perimeter. They just need to do that.

987
00:53:11,600 --> 00:53:13,920
Speaker 10: I think that'll go a long way towards not only

988
00:53:14,200 --> 00:53:18,960
Speaker 10: keeping bad things from happening, both to agents and to civilians,

989
00:53:19,520 --> 00:53:23,160
Speaker 10: but also trade less of a copycat, right, because why

990
00:53:23,200 --> 00:53:25,560
Speaker 10: are there copycats? Because all this stuff's getting on the

991
00:53:25,600 --> 00:53:27,360
Speaker 10: news and they want to be part of that.

992
00:53:29,000 --> 00:53:30,240
Speaker 2: All right, let's play.

993
00:53:31,600 --> 00:53:35,960
Speaker 3: You asked us famous duos, and we had a fun discussion,

994
00:53:36,480 --> 00:53:39,400
Speaker 3: and we don't need to play the full discussion of this,

995
00:53:39,600 --> 00:53:41,000
Speaker 3: but I just want to play.

996
00:53:41,080 --> 00:53:43,040
Speaker 2: Guys. We can cut it off. We've got it.

997
00:53:43,520 --> 00:53:47,439
Speaker 3: Mark Halprin asked Buck a question about which is the

998
00:53:47,480 --> 00:53:50,239
Speaker 3: better duo Listen Madden in.

999
00:53:50,320 --> 00:53:52,440
Speaker 10: Somemmer all or Salt and Peppa.

1000
00:53:53,320 --> 00:53:55,239
Speaker 2: I don't even know who Madden in Summer All are.

1001
00:53:55,360 --> 00:53:58,560
Speaker 10: I've never been Be serious, No, be serious, dude, you

1002
00:53:58,600 --> 00:54:00,000
Speaker 10: really don't know who Madden in Someummer all is?

1003
00:54:00,080 --> 00:54:03,560
Speaker 2: I have you know the man video game?

1004
00:54:05,000 --> 00:54:05,200
Speaker 9: Oh?

1005
00:54:05,320 --> 00:54:06,520
Speaker 2: John Matten the coach?

1006
00:54:07,480 --> 00:54:10,520
Speaker 1: Oh my god, I have no idea.

1007
00:54:10,040 --> 00:54:12,840
Speaker 10: How do you host a show with someone who's culturally

1008
00:54:12,920 --> 00:54:15,760
Speaker 10: literate high for for for our age?

1009
00:54:16,120 --> 00:54:24,320
Speaker 3: I actually so, first of all, stop this has gone

1010
00:54:24,440 --> 00:54:27,600
Speaker 3: by the way. A lot of people are reacting to it.

1011
00:54:28,600 --> 00:54:31,600
Speaker 3: So Mark, I'll let you react, uh, and then I'll

1012
00:54:31,680 --> 00:54:33,600
Speaker 3: let Buck defend himself here.

1013
00:54:33,640 --> 00:54:36,439
Speaker 10: But well, we did a serious conversation. We talked about

1014
00:54:36,440 --> 00:54:40,640
Speaker 10: the future of Taiwan. We talked about Treasury Secretary best

1015
00:54:40,640 --> 00:54:43,200
Speaker 10: and high minded topics. But all anybody's talking to me

1016
00:54:43,239 --> 00:54:47,000
Speaker 10: about is the question of what has happened to America's youth?

1017
00:54:47,680 --> 00:54:50,560
Speaker 10: What do we what do we do as a nation?

1018
00:54:50,600 --> 00:54:53,400
Speaker 10: How do we compete with the Chinese? If our people

1019
00:54:53,440 --> 00:54:55,600
Speaker 10: have never heard of Pat summer Ale. Now I am

1020
00:54:55,640 --> 00:54:58,960
Speaker 10: sympathetic to this, because there's there's things that young people

1021
00:54:59,000 --> 00:55:01,160
Speaker 10: know that I don't know about. But but for people

1022
00:55:01,360 --> 00:55:04,759
Speaker 10: our age and who grew up these are it's like

1023
00:55:04,800 --> 00:55:07,319
Speaker 10: being saying, well, I don't know who Thomas Jefferson is

1024
00:55:07,320 --> 00:55:08,760
Speaker 10: because I'm young. I wasn't alive.

1025
00:55:09,360 --> 00:55:11,840
Speaker 2: I mean, I think I think that's a little extreme.

1026
00:55:12,000 --> 00:55:14,279
Speaker 1: Look, we got into this yesterday on the show A

1027
00:55:14,320 --> 00:55:16,160
Speaker 1: Mark Show, which you should all go check out.

1028
00:55:16,760 --> 00:55:19,400
Speaker 2: It was clear that we have a.

1029
00:55:19,360 --> 00:55:23,840
Speaker 1: Little bit of a gen X versus young and spry millennial,

1030
00:55:24,320 --> 00:55:26,000
Speaker 1: which would be me issue here.

1031
00:55:26,680 --> 00:55:28,799
Speaker 10: Sorry interrupt, but have you googled today? Some are all

1032
00:55:28,840 --> 00:55:30,240
Speaker 10: in matt and have you gone on YouTube?

1033
00:55:30,360 --> 00:55:33,400
Speaker 1: He's not even letting me get through the sentence. I

1034
00:55:33,960 --> 00:55:37,200
Speaker 1: want to know that explayed. Let me explain this for

1035
00:55:37,200 --> 00:55:39,319
Speaker 1: a second. Hold on, I know who John Madden is.

1036
00:55:39,320 --> 00:55:40,719
Speaker 1: I just played the Madden video game. But when you

1037
00:55:40,719 --> 00:55:43,360
Speaker 1: said Madden and summer All and then I think the

1038
00:55:43,400 --> 00:55:46,160
Speaker 1: other with the others was like a musician, I immediately

1039
00:55:46,160 --> 00:55:47,760
Speaker 1: have to salt and pepper.

1040
00:55:47,840 --> 00:55:49,600
Speaker 2: Yeah, I just didn't know. I don't know who Summer

1041
00:55:49,640 --> 00:55:50,040
Speaker 2: All is.

1042
00:55:50,040 --> 00:55:53,200
Speaker 1: So I'm thinking, is this some kind of weird like

1043
00:55:53,840 --> 00:55:55,799
Speaker 1: easy listening jazz band.

1044
00:55:55,520 --> 00:55:57,840
Speaker 2: That you old timers like? I just didn't because I

1045
00:55:57,880 --> 00:55:58,839
Speaker 2: don't know Summer All.

1046
00:55:59,040 --> 00:56:01,840
Speaker 1: But then I got so the Madden part of it, obviously,

1047
00:56:01,920 --> 00:56:04,839
Speaker 1: Oh John Madden, Like I know John Madden is from

1048
00:56:04,880 --> 00:56:07,240
Speaker 1: the video game. Not that I actually watched much football,

1049
00:56:07,480 --> 00:56:09,319
Speaker 1: but the Summer All thing. I'm not gonna lie that

1050
00:56:09,320 --> 00:56:11,160
Speaker 1: flew way over. I had no idea. You could have

1051
00:56:11,200 --> 00:56:13,640
Speaker 1: offered me a million dollars on the spot to tell

1052
00:56:13,640 --> 00:56:14,640
Speaker 1: you who Summer All was.

1053
00:56:15,120 --> 00:56:15,919
Speaker 2: I would have gone home.

1054
00:56:15,920 --> 00:56:19,160
Speaker 10: One thing right, But it's like saying, who is Sonny

1055
00:56:19,200 --> 00:56:22,160
Speaker 10: and Sharon? You'd say Sonny and Share never heard of him? Oh, Sonny,

1056
00:56:22,160 --> 00:56:24,359
Speaker 10: Sonny Bono heard of him? Share, never heard of her.

1057
00:56:24,360 --> 00:56:25,719
Speaker 10: I don't know about the Share personal.

1058
00:56:25,760 --> 00:56:27,839
Speaker 2: Everyone's heard of Share and not Sonny. If we're gonna

1059
00:56:27,840 --> 00:56:29,360
Speaker 2: play that game, Share is way.

1060
00:56:29,160 --> 00:56:33,239
Speaker 10: More should My point is My point is again, please

1061
00:56:33,280 --> 00:56:35,240
Speaker 10: spend some time on YouTube. Go look at the body

1062
00:56:35,239 --> 00:56:38,120
Speaker 10: of their work. These are not fringe players. These are

1063
00:56:38,400 --> 00:56:40,440
Speaker 10: keen key cultural iicas.

1064
00:56:40,440 --> 00:56:43,560
Speaker 3: And as we eventually got to, uh, Pat summer Al,

1065
00:56:43,600 --> 00:56:45,160
Speaker 3: this is something that I bet a lot of people

1066
00:56:45,239 --> 00:56:49,799
Speaker 3: don't necessarily know. Is Susie Wiles President Trump's chief of

1067
00:56:49,880 --> 00:56:53,000
Speaker 3: staff Dad, which is pretty crazy.

1068
00:56:53,080 --> 00:56:53,279
Speaker 2: Mark.

1069
00:56:53,400 --> 00:56:57,480
Speaker 3: Last question for you, You've been in media a long time.

1070
00:56:58,080 --> 00:56:58,200
Speaker 7: Uh.

1071
00:56:58,440 --> 00:57:00,840
Speaker 2: The media universe, I would.

1072
00:57:00,680 --> 00:57:05,240
Speaker 3: Argue, is evolving and changing more rapidly than maybe ever

1073
00:57:05,400 --> 00:57:08,759
Speaker 3: in history, where would you want to buy stock and

1074
00:57:08,880 --> 00:57:12,239
Speaker 3: media right now? How do you see it going forward?

1075
00:57:12,440 --> 00:57:14,600
Speaker 3: And I know it's a broad question, but I'm just

1076
00:57:14,680 --> 00:57:16,720
Speaker 3: kind of curious how you would assess where we are

1077
00:57:16,760 --> 00:57:17,520
Speaker 3: and where we're headed.

1078
00:57:18,080 --> 00:57:19,680
Speaker 10: Number one choice would be if you guys take the

1079
00:57:19,680 --> 00:57:23,040
Speaker 10: show public. Number two would be my company two way.

1080
00:57:23,160 --> 00:57:26,720
Speaker 10: Number three would be making Kelly's Company. I think I

1081
00:57:26,720 --> 00:57:29,960
Speaker 10: think it's about trusted brands, and in the olden days

1082
00:57:29,960 --> 00:57:33,280
Speaker 10: trusted brands or corporate brands. That trusted brands are individual brands.

1083
00:57:33,000 --> 00:57:33,400
Speaker 2: Like you too.

1084
00:57:33,640 --> 00:57:36,080
Speaker 10: Right, people listening to your show, they don't really care

1085
00:57:36,480 --> 00:57:39,160
Speaker 10: what the company is. They care about you too. And

1086
00:57:39,200 --> 00:57:42,200
Speaker 10: I think it's pretty clear when people have a connection

1087
00:57:43,040 --> 00:57:45,560
Speaker 10: to their to their fans, to their community. So if

1088
00:57:45,560 --> 00:57:48,240
Speaker 10: you guys go to a diner in Charleston, South Carolina,

1089
00:57:48,440 --> 00:57:50,200
Speaker 10: people will know you, they'll see you, they'll like you,

1090
00:57:50,240 --> 00:57:52,480
Speaker 10: they want to talk to you. That's that's what i'd

1091
00:57:52,520 --> 00:57:52,880
Speaker 10: invest in.

1092
00:57:52,920 --> 00:57:53,520
Speaker 9: I'd invest in.

1093
00:57:53,440 --> 00:57:56,360
Speaker 10: Folks like you guys, Folks who have connection to their

1094
00:57:56,360 --> 00:58:00,000
Speaker 10: community where it's a daily habit, appointment, listening, appointment, viewing.

1095
00:58:00,320 --> 00:58:03,080
Speaker 10: I think those will be the companies that thrive across

1096
00:58:03,200 --> 00:58:05,840
Speaker 10: all platforms. It doesn't matter what the corporate brand is

1097
00:58:05,920 --> 00:58:08,560
Speaker 10: or how it's distributed. I think those are the places

1098
00:58:08,560 --> 00:58:10,800
Speaker 10: where I'd invest and that's what I'm building my career

1099
00:58:10,920 --> 00:58:12,040
Speaker 10: career around now as well.

1100
00:58:12,520 --> 00:58:12,760
Speaker 2: Well.

1101
00:58:12,840 --> 00:58:15,200
Speaker 3: We appreciate the time. We encourage people to go check

1102
00:58:15,200 --> 00:58:17,320
Speaker 3: out the interview that we did with Mark.

1103
00:58:17,640 --> 00:58:20,040
Speaker 2: You can find him. Where's the easiest place to find you? Mark?

1104
00:58:20,400 --> 00:58:23,080
Speaker 10: I basically do two things. I do Two Way, which

1105
00:58:23,120 --> 00:58:25,160
Speaker 10: is my own company. I did two shows a day.

1106
00:58:25,520 --> 00:58:27,360
Speaker 10: You can go to two Way dot tv or on

1107
00:58:27,440 --> 00:58:29,920
Speaker 10: YouTube and then and then next up the show you

1108
00:58:29,920 --> 00:58:32,040
Speaker 10: guys are on the Make and Kelly Network. Find that

1109
00:58:32,160 --> 00:58:34,520
Speaker 10: on YouTube as a podcast. And grateful to you guys

1110
00:58:34,560 --> 00:58:37,160
Speaker 10: for making so much time this week. And I can't

1111
00:58:37,160 --> 00:58:39,160
Speaker 10: wait to get you on two Way for sure.

1112
00:58:39,200 --> 00:58:41,320
Speaker 2: We appreciate the time with you. Encourage people to go

1113
00:58:41,400 --> 00:58:41,880
Speaker 2: check it out.

1114
00:58:41,920 --> 00:58:44,280
Speaker 3: And hopefully Buck's doing research on Pat summer All and

1115
00:58:44,320 --> 00:58:47,760
Speaker 3: the greatest calls of his career. For sure, guys, thank you.

1116
00:58:47,840 --> 00:58:51,960
Speaker 3: That's Mark Alprin. Look back in the day, Madden and

1117
00:58:52,000 --> 00:58:54,680
Speaker 3: summer All had a lot of testosterone. That's one reason

1118
00:58:54,720 --> 00:58:58,120
Speaker 3: they might have been so popular. In fact, aren't they

1119
00:58:58,160 --> 00:59:00,520
Speaker 3: making a Madden movie that's supposed to be out this

1120
00:59:00,600 --> 00:59:04,000
Speaker 3: year with Nicholas Cage playing John Madden. I think they are,

1121
00:59:04,520 --> 00:59:07,120
Speaker 3: uh and I'm sure that summer all we'll have somebody

1122
00:59:07,160 --> 00:59:10,800
Speaker 3: famous playing him as well. But can do his research.

1123
00:59:10,880 --> 00:59:14,840
Speaker 3: But testosterone is the engine that fuels the male body.

1124
00:59:14,920 --> 00:59:17,080
Speaker 3: If you are out there and you're feeling tired or

1125
00:59:17,120 --> 00:59:19,840
Speaker 3: you don't have the energy that you used to get

1126
00:59:19,840 --> 00:59:23,880
Speaker 3: hooked up today with chalk dot com cchoq dot com,

1127
00:59:24,160 --> 00:59:27,160
Speaker 3: you got kids, grandkids that you're out there chasing around,

1128
00:59:27,200 --> 00:59:30,200
Speaker 3: it can make a tremendous difference for you, and you

1129
00:59:30,240 --> 00:59:33,280
Speaker 3: will be glad that you tried it out for your

1130
00:59:33,320 --> 00:59:36,120
Speaker 3: New Year's resolution. Putting some more energy back in your

1131
00:59:36,160 --> 00:59:39,640
Speaker 3: life can make a tremendous difference. And right now you

1132
00:59:39,680 --> 00:59:42,720
Speaker 3: will get a great offer in the meantime, the Male

1133
00:59:42,880 --> 00:59:46,960
Speaker 3: Vitality Stack this month only when you subscribe with my

1134
00:59:47,120 --> 00:59:50,800
Speaker 3: name Clay, that's Clay as the promo code, Chalk will

1135
00:59:50,840 --> 00:59:54,360
Speaker 3: pack a free ninety nine dollars bag of chalk lit

1136
00:59:54,400 --> 00:59:58,240
Speaker 3: powder with your first delivery. You will be glad that

1137
00:59:58,320 --> 01:00:00,800
Speaker 3: you did it. That's chalk dot com, my name Clay,

1138
01:00:00,880 --> 01:00:03,160
Speaker 3: c h o q dot com.

1139
01:00:03,160 --> 01:00:04,960
Speaker 2: My name c l a y.

1140
01:00:06,200 --> 01:00:10,160
Speaker 8: News and politics, but also a little comic relief Clay

1141
01:00:10,240 --> 01:00:14,280
Speaker 8: Travis and Buck Sexton. Find them on the free iHeartRadio

1142
01:00:14,360 --> 01:00:16,840
Speaker 8: app or wherever you get your podcasts.