1 00:00:00,160 --> 00:00:02,679 Speaker 1: All right, second hour, Clay and Buck kicks off now, 2 00:00:02,880 --> 00:00:08,799 Speaker 1: and we've got answers for you on the drones. I'm 3 00:00:08,800 --> 00:00:12,080 Speaker 1: not saying we have correct answers, but we got an 4 00:00:12,080 --> 00:00:16,639 Speaker 1: answer from Biden and also one from Representative McCall. So 5 00:00:16,960 --> 00:00:20,320 Speaker 1: let's go into this, shall we, Because it's been a 6 00:00:20,320 --> 00:00:22,200 Speaker 1: big story for last. 7 00:00:21,920 --> 00:00:22,640 Speaker 2: Week or so. 8 00:00:23,280 --> 00:00:26,960 Speaker 1: People are seeing these drones all over the sky, particularly 9 00:00:27,000 --> 00:00:30,920 Speaker 1: in the New Jersey area, and there have been some 10 00:00:31,040 --> 00:00:36,360 Speaker 1: fantastic sopranos UFO memes as a result of this. But nonetheless, 11 00:00:36,760 --> 00:00:38,519 Speaker 1: here's a real issue here. We'd like to know what 12 00:00:38,600 --> 00:00:40,720 Speaker 1: is going on. It's very straightforward. We should just be 13 00:00:40,720 --> 00:00:45,600 Speaker 1: able to get an answer. Clay, our commander in chief, 14 00:00:45,760 --> 00:00:48,000 Speaker 1: it is still technically Joe Biden. I just like to 15 00:00:48,000 --> 00:00:51,120 Speaker 1: remind everybody of that, the guy whose dementia was too 16 00:00:51,159 --> 00:00:54,120 Speaker 1: extreme for him to run again because he's way too old, 17 00:00:55,240 --> 00:00:57,760 Speaker 1: is still technically the most powerful man in the world, 18 00:00:57,800 --> 00:00:59,560 Speaker 1: the leader of the free world, the commander in chief 19 00:00:59,560 --> 00:01:03,240 Speaker 1: of the United States Armed Forces, which is pretty shocking 20 00:01:03,520 --> 00:01:05,840 Speaker 1: when you actually let that tumble around in your head 21 00:01:05,840 --> 00:01:09,320 Speaker 1: a little bit. But he addressed the drone issue, and 22 00:01:09,959 --> 00:01:12,920 Speaker 1: here's what he said. This is four nothing ne farious apparently, 23 00:01:13,720 --> 00:01:15,040 Speaker 1: but they're checking it all out there. 24 00:01:15,840 --> 00:01:19,600 Speaker 2: They get just one week because a lot of drones. 25 00:01:19,240 --> 00:01:22,640 Speaker 3: Authorized needs to be cut there, I think, once started 26 00:01:22,680 --> 00:01:24,920 Speaker 3: and they all guys, everybody's want to get in the deal. 27 00:01:26,280 --> 00:01:29,800 Speaker 1: Nothing nefarious, he says, Clay. A lot of drones, a 28 00:01:29,800 --> 00:01:34,520 Speaker 1: lot of drones authorized, nothing nefarious. Meanwhile, down in Texas, 29 00:01:34,600 --> 00:01:38,040 Speaker 1: or rather from the Great State of Texas, Congressman McCall, 30 00:01:38,600 --> 00:01:41,880 Speaker 1: who was on the House Intelligence Committee, he waited on 31 00:01:41,959 --> 00:01:45,600 Speaker 1: this and he went in the totally opposite. So Biden's 32 00:01:45,640 --> 00:01:48,280 Speaker 1: telling you nothing to see here. Finds a lot of 33 00:01:48,360 --> 00:01:51,880 Speaker 1: drones in the you know, the usual, right, and yet 34 00:01:52,040 --> 00:01:54,400 Speaker 1: Congress and McCall had this to say, this is cut five. 35 00:01:54,600 --> 00:01:59,480 Speaker 3: When need to identify who's behind these morones. My judgment, 36 00:01:59,720 --> 00:02:03,120 Speaker 3: based on my experience, is that those that are over 37 00:02:03,120 --> 00:02:08,120 Speaker 3: our military sites are adversarial and most likely are coming 38 00:02:08,680 --> 00:02:11,959 Speaker 3: from the People's Republic of China. The ones flying over 39 00:02:12,040 --> 00:02:16,760 Speaker 3: our military bases, by definition, I would say, or adversarial. 40 00:02:17,320 --> 00:02:20,440 Speaker 3: We need to know who is behind that because it 41 00:02:21,040 --> 00:02:27,360 Speaker 3: I believe there's spy drones and the PRC Chinese comedge. 42 00:02:27,440 --> 00:02:29,760 Speaker 3: China is very good at this stuff, and we know 43 00:02:29,800 --> 00:02:32,880 Speaker 3: they bought land around military bases. This would be very 44 00:02:32,880 --> 00:02:36,120 Speaker 3: consistent with their policy over the last couple of years. 45 00:02:37,200 --> 00:02:38,320 Speaker 2: Clay. 46 00:02:38,520 --> 00:02:41,360 Speaker 1: Okay, So on the one hand, you of Biden saying, 47 00:02:41,880 --> 00:02:44,120 Speaker 1: nothing to see here, move along, move along, nothing to 48 00:02:44,120 --> 00:02:46,560 Speaker 1: see here, and he's the president, which I just have 49 00:02:46,560 --> 00:02:48,360 Speaker 1: to keep reminding you because I think you forget, because 50 00:02:48,360 --> 00:02:50,480 Speaker 1: we all forget, because how the heck is that guy 51 00:02:50,520 --> 00:02:52,480 Speaker 1: still the president? But he is for now a few 52 00:02:52,480 --> 00:02:55,160 Speaker 1: more weeks. On the other side, you have a guy 53 00:02:55,280 --> 00:02:58,840 Speaker 1: who has been getting classified briefings for a long time saying, 54 00:02:59,320 --> 00:03:04,120 Speaker 1: I think that this is a Chinese spying operation. And 55 00:03:04,240 --> 00:03:07,440 Speaker 1: here's how now. I'm not sure who's right, but I 56 00:03:07,520 --> 00:03:11,000 Speaker 1: know that Biden saying it's nothing, and McCall saying it's 57 00:03:11,360 --> 00:03:14,519 Speaker 1: short of it being little green men from outer space 58 00:03:14,520 --> 00:03:16,799 Speaker 1: who are about to start firing lasers at the White 59 00:03:16,840 --> 00:03:19,800 Speaker 1: House or something. I think the worst possible option in 60 00:03:19,800 --> 00:03:22,520 Speaker 1: some ways, maybe that this is a Chinese spying operation. 61 00:03:23,360 --> 00:03:25,400 Speaker 2: So what are we to make of this? They're like, 62 00:03:25,440 --> 00:03:27,160 Speaker 2: who's right? 63 00:03:27,280 --> 00:03:30,800 Speaker 1: So let's start with your point, which I think is important. 64 00:03:30,840 --> 00:03:33,600 Speaker 1: We did the first hour of the show, like, hey, 65 00:03:33,720 --> 00:03:37,440 Speaker 1: let's stack some wins, let's talk about positive things. I 66 00:03:37,600 --> 00:03:44,120 Speaker 1: remain incredibly afraid that someone is going to take advantage 67 00:03:44,360 --> 00:03:49,000 Speaker 1: of Biden as the on his way out chief executive 68 00:03:49,240 --> 00:03:53,040 Speaker 1: of the United States between now and January twenty and 69 00:03:53,320 --> 00:03:57,280 Speaker 1: I would submit that one of the weaknesses of our 70 00:03:57,360 --> 00:04:01,400 Speaker 1: government transition is the link of time that occurs between 71 00:04:01,440 --> 00:04:03,600 Speaker 1: November fifth and January twentieth. 72 00:04:04,280 --> 00:04:05,760 Speaker 2: In fact, if I were. 73 00:04:06,320 --> 00:04:09,120 Speaker 1: If you gave me a magic wand, I would set 74 00:04:09,160 --> 00:04:12,520 Speaker 1: it so, Hey, the election happens on November fifth, We've 75 00:04:12,560 --> 00:04:15,520 Speaker 1: got to get a new president and administration in as 76 00:04:15,600 --> 00:04:16,640 Speaker 1: rapidly as possible. 77 00:04:16,880 --> 00:04:18,480 Speaker 2: And historically, and this. 78 00:04:18,360 --> 00:04:21,360 Speaker 1: Is important, historically, it used to be you didn't inaugurate 79 00:04:21,400 --> 00:04:24,640 Speaker 1: a new president till March. This is me being history nerd, 80 00:04:25,000 --> 00:04:27,640 Speaker 1: but historically, the reason why we have such a gap 81 00:04:27,680 --> 00:04:31,560 Speaker 1: between elections and new administrations is it used to take 82 00:04:31,640 --> 00:04:34,680 Speaker 1: months to travel to the capital. Back in the day 83 00:04:34,720 --> 00:04:37,640 Speaker 1: Andrew Jackson, it would take him a month by stage 84 00:04:37,680 --> 00:04:40,000 Speaker 1: coach to go from Washington, d C. To the Hermit 85 00:04:40,000 --> 00:04:43,159 Speaker 1: Engineer where I live in the Nashville area. And there 86 00:04:43,160 --> 00:04:46,080 Speaker 1: weren't railroads and it wasn't easy to get around. And 87 00:04:46,200 --> 00:04:48,760 Speaker 1: so that's why we had such a huge gap between 88 00:04:49,040 --> 00:04:51,320 Speaker 1: when our elections take place. And when a new administration 89 00:04:51,400 --> 00:04:54,599 Speaker 1: comes into power. If I were trying to exploit the 90 00:04:54,800 --> 00:04:58,080 Speaker 1: United States, the absence of power when you have a 91 00:04:58,160 --> 00:05:00,960 Speaker 1: lame duck president and a new adminis stration coming in. 92 00:05:01,920 --> 00:05:04,120 Speaker 1: If Taiwan were ever going to get invaded, when I 93 00:05:04,120 --> 00:05:06,920 Speaker 1: would do it. If I were China is while something 94 00:05:07,000 --> 00:05:09,279 Speaker 1: like this exists, so or if I were a terrorist, 95 00:05:09,360 --> 00:05:11,440 Speaker 1: this is when I would attack. So let's the fact 96 00:05:11,480 --> 00:05:15,440 Speaker 1: that Biden, and it's particularly exacerbated because Biden is clearly 97 00:05:15,520 --> 00:05:17,960 Speaker 1: not capable. And let's just take a moment here, Buck 98 00:05:18,000 --> 00:05:22,120 Speaker 1: to reinforce all these people told you that Biden was 99 00:05:22,160 --> 00:05:24,279 Speaker 1: sharpest attack and he could do four more years. 100 00:05:25,279 --> 00:05:26,800 Speaker 2: Can you imagine and Biden. 101 00:05:26,600 --> 00:05:29,320 Speaker 1: Until they did four more years, until suddenly did it, 102 00:05:29,440 --> 00:05:33,240 Speaker 1: until they didn't. But can you even imagine if he 103 00:05:33,440 --> 00:05:35,480 Speaker 1: were going to try to do four more years? I mean, 104 00:05:35,560 --> 00:05:41,640 Speaker 1: the recklessness of that argument is maybe I'm not exaggerating this, 105 00:05:42,160 --> 00:05:46,160 Speaker 1: it may be the most dishonest and reckless and dangerous 106 00:05:46,360 --> 00:05:50,240 Speaker 1: argument that has been made of a president in any 107 00:05:50,520 --> 00:05:53,880 Speaker 1: of our lives. Right that you could say with a 108 00:05:53,960 --> 00:05:56,920 Speaker 1: straight face, Biden's sharp as attack behind closed doors, he 109 00:05:57,000 --> 00:05:59,760 Speaker 1: can do four more years. I mean, it's it's outrageous 110 00:05:59,800 --> 00:06:02,680 Speaker 1: that ever occurred. But to your point, Buck, I think 111 00:06:02,680 --> 00:06:03,560 Speaker 1: they're lying to us. 112 00:06:04,560 --> 00:06:05,000 Speaker 2: I'm sorry. 113 00:06:05,040 --> 00:06:07,920 Speaker 1: I have zero faith in the United States government to 114 00:06:08,000 --> 00:06:10,520 Speaker 1: be honest with the people of this country based on 115 00:06:10,640 --> 00:06:13,720 Speaker 1: what they did to us during COVID and based on 116 00:06:13,880 --> 00:06:17,120 Speaker 1: the continued lies basically that have been spread by Democrats 117 00:06:17,400 --> 00:06:20,680 Speaker 1: since Trump came into office. And people say, oh, Trump lies, 118 00:06:20,760 --> 00:06:24,280 Speaker 1: and I think this is important too. Trump lies, like 119 00:06:24,520 --> 00:06:29,000 Speaker 1: real estate developers lie. Yes, when you're trying you ever 120 00:06:29,080 --> 00:06:32,560 Speaker 1: go try to buy a house? Y dss, Yes, you 121 00:06:32,640 --> 00:06:35,200 Speaker 1: ever go try to buy a house. Somebody's like, this 122 00:06:35,400 --> 00:06:39,039 Speaker 1: is the greatest view that exists in whatever community. 123 00:06:38,640 --> 00:06:39,120 Speaker 2: You live in. 124 00:06:39,720 --> 00:06:44,480 Speaker 1: Look this property is I mean, he is a salesman 125 00:06:45,400 --> 00:06:48,000 Speaker 1: and so yes, Like I get it when people are like, 126 00:06:48,200 --> 00:06:50,240 Speaker 1: you know, Trump said that the United States is the 127 00:06:50,279 --> 00:06:53,240 Speaker 1: greatest country that's ever existed. But actually, if you go 128 00:06:53,360 --> 00:06:56,080 Speaker 1: look at the gross domestic product produced by Rome in 129 00:06:56,320 --> 00:07:00,880 Speaker 1: eighty or BC forty eight or whatever, they actually had 130 00:07:00,920 --> 00:07:04,120 Speaker 1: the greatest economy that's existed. Like, right, that's the kind 131 00:07:04,160 --> 00:07:09,120 Speaker 1: of fact checks that happen when Trump talks. The lies 132 00:07:09,240 --> 00:07:13,440 Speaker 1: that Trump is accused of spreading are almost all, Hey, 133 00:07:13,560 --> 00:07:16,640 Speaker 1: this is the greatest building that's ever existed. This is 134 00:07:17,160 --> 00:07:20,880 Speaker 1: the biggest crowd that's ever existed. They are hyper ballistic 135 00:07:21,000 --> 00:07:23,800 Speaker 1: in nature, and they buy and large have almost no 136 00:07:23,960 --> 00:07:29,320 Speaker 1: impact on larger country decisions, whereas the lies from Democrats 137 00:07:29,760 --> 00:07:34,480 Speaker 1: go to the very essence of our sanctity as a republic. 138 00:07:34,720 --> 00:07:36,640 Speaker 2: That's how I typically see it. 139 00:07:37,640 --> 00:07:40,360 Speaker 1: You know, Donald Trump will say, I just gave the 140 00:07:40,400 --> 00:07:43,440 Speaker 1: greatest speech in the history of speeches. No other speech 141 00:07:43,600 --> 00:07:45,760 Speaker 1: was as good as my speech. And by the way, 142 00:07:45,800 --> 00:07:47,440 Speaker 1: maybe he did. You know, it's in the eye of 143 00:07:47,520 --> 00:07:49,920 Speaker 1: the ear of the bar. Or he'll say, but I'm 144 00:07:49,960 --> 00:07:53,200 Speaker 1: the best president since Abraham Lincoln for black people, right Like, 145 00:07:54,080 --> 00:07:55,840 Speaker 1: I don't know that I buy that, but I don't 146 00:07:56,200 --> 00:07:59,640 Speaker 1: begrudge him saying it, right Like, that's hyper ballistic in nature. 147 00:08:00,560 --> 00:08:03,760 Speaker 1: Barack Obama, for example, as president, said if you like 148 00:08:03,840 --> 00:08:06,520 Speaker 1: your doctor, you can keep your doctor, which he knew 149 00:08:06,640 --> 00:08:09,280 Speaker 1: and everyone involved in that new was always going to 150 00:08:09,320 --> 00:08:13,000 Speaker 1: be a lie. That's a lie that matters, right, That's 151 00:08:13,040 --> 00:08:19,280 Speaker 1: a lie of consequence. And Biden is up for doing 152 00:08:19,400 --> 00:08:22,720 Speaker 1: this job and does not have cognitive decline that is 153 00:08:22,840 --> 00:08:26,960 Speaker 1: severe is also an obvious lie. But back here to 154 00:08:27,080 --> 00:08:31,120 Speaker 1: the drone issue, because I'm with Clay. I feel like, 155 00:08:32,000 --> 00:08:33,959 Speaker 1: first of all, that when Biden speaks about it, he 156 00:08:33,960 --> 00:08:35,520 Speaker 1: speaks about it like he just heard about it for 157 00:08:35,559 --> 00:08:36,040 Speaker 1: the first time. 158 00:08:36,080 --> 00:08:37,839 Speaker 2: He's like, I don't know, there's stuff a lot of 159 00:08:37,920 --> 00:08:40,080 Speaker 2: drones in the sky, Like what, it's. 160 00:08:40,000 --> 00:08:43,560 Speaker 1: Weird, you know, shouldn't shouldn't you be saying I've spoken 161 00:08:43,559 --> 00:08:45,360 Speaker 1: to the head of our intelligence agencies, and I'm the 162 00:08:45,400 --> 00:08:47,839 Speaker 1: head of the federal government, and I assure you this 163 00:08:48,000 --> 00:08:50,959 Speaker 1: is not a US government program, or just say US 164 00:08:51,040 --> 00:08:53,080 Speaker 1: government has us in hand, nothing to be alarmed about. 165 00:08:53,160 --> 00:08:56,079 Speaker 1: Can't speak about it further. I actually would feel a 166 00:08:56,120 --> 00:08:58,200 Speaker 1: lot better if there was some honesty with that. I mean, 167 00:08:58,240 --> 00:08:59,880 Speaker 1: even if they wouldn't tell us, if they just would 168 00:09:00,080 --> 00:09:02,079 Speaker 1: let us know that they really know. 169 00:09:02,720 --> 00:09:04,560 Speaker 2: I don't believe that he really knows. And the Speaker 170 00:09:04,600 --> 00:09:05,439 Speaker 2: of the House, third. 171 00:09:05,280 --> 00:09:09,199 Speaker 1: Aligned for the Presidency, Mike Johnson cut seven here. He's like, 172 00:09:09,559 --> 00:09:11,599 Speaker 1: people aren't buying this. Sorry play it. 173 00:09:12,160 --> 00:09:15,760 Speaker 4: Yeah, I'm the Speaker of the House. I have the 174 00:09:15,840 --> 00:09:18,480 Speaker 4: exact same frustration that you do, and all of us do. 175 00:09:18,679 --> 00:09:21,360 Speaker 4: We don't have the answers the administration is not providing it. 176 00:09:21,440 --> 00:09:25,200 Speaker 4: I set up a briefing between DoD DHS and FBI 177 00:09:25,520 --> 00:09:28,040 Speaker 4: with members last week, and the answers are not forthcoming. 178 00:09:28,160 --> 00:09:30,800 Speaker 4: They just say, don't worry about it. It's not foreign entities. 179 00:09:30,880 --> 00:09:33,240 Speaker 4: There's not a vessel offshore doing this, and they're not 180 00:09:33,320 --> 00:09:35,719 Speaker 4: collecting data. Okay, then what is it? You know you 181 00:09:35,800 --> 00:09:38,280 Speaker 4: heard may Orcz, who no one believes. We impeached him 182 00:09:38,320 --> 00:09:40,439 Speaker 4: in the House. As you know, the DHS secretary. He 183 00:09:40,480 --> 00:09:42,440 Speaker 4: said in an interview a couple of days ago. Well, 184 00:09:42,559 --> 00:09:44,880 Speaker 4: because they changed the regulation to allow drones to fly 185 00:09:45,000 --> 00:09:47,360 Speaker 4: at night. That's why everybody's seeing them now. They've always 186 00:09:47,400 --> 00:09:49,920 Speaker 4: been there. I mean, look, people are not buying the answers. 187 00:09:50,000 --> 00:09:52,439 Speaker 4: We are digging in further to get the answers, and 188 00:09:52,520 --> 00:09:54,880 Speaker 4: we're demanded that the administration do its job. 189 00:09:56,240 --> 00:09:57,960 Speaker 2: I love that entire statement. 190 00:09:58,200 --> 00:10:01,400 Speaker 1: Let's also give a little bit of praisier when the 191 00:10:01,480 --> 00:10:04,640 Speaker 1: speaker decision was being going through and we told you like, 192 00:10:04,720 --> 00:10:06,160 Speaker 1: this is going to be a mess and all the 193 00:10:06,880 --> 00:10:10,319 Speaker 1: Mike Johnson's actually done a really good job as Speaker. 194 00:10:10,360 --> 00:10:13,080 Speaker 1: I think I think he has grown into the job. 195 00:10:13,920 --> 00:10:16,319 Speaker 1: And I understand some of you are out there, you're like, 196 00:10:16,640 --> 00:10:20,760 Speaker 1: well we still have budget deficits. Yeah, yeah, there's big 197 00:10:20,920 --> 00:10:24,800 Speaker 1: structural issues that aren't going to go away. I don't 198 00:10:24,840 --> 00:10:27,840 Speaker 1: think no matter who is in office right now because 199 00:10:28,040 --> 00:10:29,880 Speaker 1: and I don't want to get on my soapbox, but 200 00:10:30,640 --> 00:10:32,640 Speaker 1: if you actually look at the budget, and I hope 201 00:10:32,679 --> 00:10:35,240 Speaker 1: that Elon and Vivek do a great deal on it, 202 00:10:35,840 --> 00:10:39,600 Speaker 1: but around eighty percent of our budget, basically politicians acknowledge 203 00:10:39,640 --> 00:10:43,559 Speaker 1: they can't touch. Yeah, right, I mean it's it's entitledment. 204 00:10:43,640 --> 00:10:46,679 Speaker 1: We're going to get into defense and interest. Let's talk 205 00:10:46,720 --> 00:10:49,600 Speaker 1: about this, the Continuing Resolution, the CR so called CR 206 00:10:49,760 --> 00:10:52,320 Speaker 1: at the bottom here of the hour because I want 207 00:10:52,360 --> 00:10:54,280 Speaker 1: to get into some of this, because this is the 208 00:10:54,920 --> 00:10:59,199 Speaker 1: this is the swamp distilled, this is exactly what is 209 00:10:59,280 --> 00:11:03,040 Speaker 1: the problem. Fifteen hundred pages. We'll get into all this. 210 00:11:03,080 --> 00:11:06,319 Speaker 1: It's total mess. Nobody knows what's in minutes. But I 211 00:11:06,559 --> 00:11:10,080 Speaker 1: just think that we are at a point where there's 212 00:11:10,360 --> 00:11:14,400 Speaker 1: a greater willingness than we've ever seen for dramatic change 213 00:11:14,480 --> 00:11:19,439 Speaker 1: to be made to this system, broadly speaking of our government, 214 00:11:20,040 --> 00:11:24,640 Speaker 1: of our government agencies really, although also congressional spending, because 215 00:11:24,800 --> 00:11:28,920 Speaker 1: we've seen so much ineptitude, failure, and dishonesty from the system. 216 00:11:29,600 --> 00:11:32,360 Speaker 1: So because of the extent of the failures, I think 217 00:11:32,400 --> 00:11:36,480 Speaker 1: there's greater willingness now for change from the Trump administration, 218 00:11:37,120 --> 00:11:40,920 Speaker 1: and I'm hoping that that translates into big wins. 219 00:11:41,480 --> 00:11:44,240 Speaker 2: And yeah, that's what I want for Christmas this year. 220 00:11:44,320 --> 00:11:44,840 Speaker 2: So we'll see. 221 00:11:44,880 --> 00:11:47,600 Speaker 1: Well, that would be a fantastic Christmas present. But here's 222 00:11:47,679 --> 00:11:50,960 Speaker 1: the major takeaway. Biden's not able to do this job, 223 00:11:51,080 --> 00:11:53,040 Speaker 1: and we still have to deal with him for another month, 224 00:11:53,160 --> 00:11:56,360 Speaker 1: which again I hope doesn't get exploited by foreign adversaries. 225 00:11:57,360 --> 00:12:01,000 Speaker 1: Second part of this, though, Buck, is the government has 226 00:12:01,120 --> 00:12:05,280 Speaker 1: so burned its legitimacy with large majorities of the American public, 227 00:12:05,360 --> 00:12:08,959 Speaker 1: regardless of your politics Democrat, Republican, Independent. The more you 228 00:12:09,160 --> 00:12:11,600 Speaker 1: look into the lies that we have all had pedaled 229 00:12:11,679 --> 00:12:16,640 Speaker 1: to us since I think Trump came down the escalator 230 00:12:16,679 --> 00:12:19,920 Speaker 1: in twenty fifteen, the things that have been said about 231 00:12:19,960 --> 00:12:21,280 Speaker 1: him that are fundamentally untrue. 232 00:12:21,400 --> 00:12:21,920 Speaker 2: I said this. 233 00:12:22,120 --> 00:12:25,880 Speaker 1: Before again, a lot of Trump's so called lies or 234 00:12:26,000 --> 00:12:30,480 Speaker 1: hyperbole that is the real estate salesman aspect of him. 235 00:12:31,200 --> 00:12:33,200 Speaker 1: I think some people would say, well, he lied about 236 00:12:33,240 --> 00:12:36,360 Speaker 1: the election. I do you really think Biden got eighty 237 00:12:36,400 --> 00:12:39,920 Speaker 1: one million votes? Now that we've seen the twenty twenty 238 00:12:39,960 --> 00:12:43,160 Speaker 1: four election results, do you think Biden legally got eighty 239 00:12:43,240 --> 00:12:44,280 Speaker 1: one million votes. 240 00:12:44,400 --> 00:12:47,079 Speaker 2: I don't. I don't. I don't believe he did it legally, 241 00:12:47,200 --> 00:12:50,599 Speaker 2: now can I was funky, There was funky stuff going on. 242 00:12:50,880 --> 00:12:52,360 Speaker 2: There was funky stuff, for sure. 243 00:12:52,760 --> 00:12:55,000 Speaker 1: I mean, how big is the how big is the 244 00:12:55,120 --> 00:13:00,960 Speaker 1: gap between blatant fraud, cheating and using cod to enable 245 00:13:01,520 --> 00:13:06,120 Speaker 1: under some veneer of you know that they basically like 246 00:13:06,240 --> 00:13:09,520 Speaker 1: the gray area for this stuff. The Shenanigans is very large. 247 00:13:09,840 --> 00:13:14,640 Speaker 1: Kamala got seven million less votes, guys, seven million less votes. 248 00:13:14,880 --> 00:13:18,880 Speaker 1: That's hard to explain. Trump's numbers are very similar twenty 249 00:13:19,000 --> 00:13:21,360 Speaker 1: twenty to twenty twenty four. Yes, he grew, but he 250 00:13:21,360 --> 00:13:24,199 Speaker 1: added about two and a half million votes. That seems reasonable. 251 00:13:25,200 --> 00:13:26,720 Speaker 1: Kamala dropping seven million. 252 00:13:26,880 --> 00:13:27,240 Speaker 2: I think that. 253 00:13:27,400 --> 00:13:29,320 Speaker 1: Argument's really hard to make. So for people out there 254 00:13:29,440 --> 00:13:32,839 Speaker 1: say Trump wied about the election, I don't think he did. 255 00:13:33,920 --> 00:13:36,959 Speaker 1: I think that they cheated, and the question is how 256 00:13:37,040 --> 00:13:40,319 Speaker 1: exactly did they cheat? I just I don't think that 257 00:13:40,400 --> 00:13:42,480 Speaker 1: eighty one million is real. I mean, you go look 258 00:13:42,480 --> 00:13:45,360 Speaker 1: at the data. I'm a data guy. We're coming to 259 00:13:45,400 --> 00:13:47,319 Speaker 1: the end of the year and Clay is in. 260 00:13:47,760 --> 00:13:48,040 Speaker 2: He's in. 261 00:13:48,240 --> 00:13:50,520 Speaker 1: He's in grinch mode. Here for the Democrats, he's like, 262 00:13:50,640 --> 00:13:56,000 Speaker 1: Merry Christmas, Biden cheated. I'm sorry, the data doesn't data 263 00:13:56,120 --> 00:13:59,480 Speaker 1: for me. When you look at Trump twenty sixteen, twenty 264 00:13:59,559 --> 00:14:02,280 Speaker 1: twenty two, twenty four, there's a pretty through line of 265 00:14:02,400 --> 00:14:05,240 Speaker 1: him growing in support. How in the world did Kamala 266 00:14:05,320 --> 00:14:08,840 Speaker 1: lose seven million votes? That's a good question. A week 267 00:14:08,920 --> 00:14:13,520 Speaker 1: from today, Christmas Day, NFL debuts the new Christmas holiday plans. 268 00:14:13,640 --> 00:14:15,839 Speaker 1: That's gonna be fun, you know, by the way, really 269 00:14:15,920 --> 00:14:20,000 Speaker 1: good NFL matchups on Christmas, and Price Picks has got 270 00:14:20,160 --> 00:14:24,200 Speaker 1: some incredible offers for you. Over ten million members, billions 271 00:14:24,280 --> 00:14:27,840 Speaker 1: of dollars in awarded winnings, prize picks, may daily fantasy 272 00:14:27,920 --> 00:14:31,240 Speaker 1: sports app accessible to all of you. I love how 273 00:14:31,320 --> 00:14:33,120 Speaker 1: you can play this even in states where you may 274 00:14:33,160 --> 00:14:37,800 Speaker 1: be feeling left out California, Texas, Georgia. 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Appreciate all of you hanging out with 294 00:15:30,880 --> 00:15:34,680 Speaker 1: us as we are rolling through the Wednesday edition of 295 00:15:34,720 --> 00:15:37,960 Speaker 1: the program, one week until Christmas. As you hear all 296 00:15:38,240 --> 00:15:42,320 Speaker 1: of the Christmas music they are playing as we're rolling 297 00:15:42,480 --> 00:15:46,760 Speaker 1: back in. There's a bunch of stuff we're gonna get into. 298 00:15:46,800 --> 00:15:49,240 Speaker 1: We're gonna get into this continuing budget resolution. But let 299 00:15:49,280 --> 00:15:52,360 Speaker 1: me just kind of mention it right off the moment here. 300 00:15:53,800 --> 00:15:58,800 Speaker 1: There is no solution that I don't want to be at. 301 00:15:58,840 --> 00:16:00,720 Speaker 1: The Grinch. Buck just called me the grinch because I 302 00:16:01,360 --> 00:16:05,040 Speaker 1: there is no Democrat grinch, the Democrat brinch. Okay, here's 303 00:16:05,080 --> 00:16:10,080 Speaker 1: the real grinch. Here's the reality. There is no solution 304 00:16:10,800 --> 00:16:17,760 Speaker 1: to America's budget deficit that does not involve figuring out 305 00:16:18,000 --> 00:16:21,480 Speaker 1: a solution to social Security and Medicare. 306 00:16:22,600 --> 00:16:24,800 Speaker 2: If you look, it's just a basic math equation. 307 00:16:25,720 --> 00:16:28,920 Speaker 1: If you look at our budget around I think it's 308 00:16:29,040 --> 00:16:33,320 Speaker 1: eighty three percent of our budget now, buck is entitlements, 309 00:16:33,400 --> 00:16:38,800 Speaker 1: that is Social Security and Medicare, defense spending, and interest 310 00:16:38,960 --> 00:16:44,200 Speaker 1: on the debt. That means even if you cut everything 311 00:16:44,400 --> 00:16:48,520 Speaker 1: else the United States government does, you would still have 312 00:16:48,920 --> 00:16:52,920 Speaker 1: eighty three percent of the budget. And the part of 313 00:16:53,000 --> 00:16:56,880 Speaker 1: the budget that is growing the fastest is that eighty 314 00:16:56,960 --> 00:17:01,080 Speaker 1: three percent, leaving out defense spending, which hasn't been growing 315 00:17:01,160 --> 00:17:04,320 Speaker 1: that fast but is still a substantial dollar figure. And Buck, 316 00:17:04,359 --> 00:17:08,399 Speaker 1: I don't know if you've seen the economic law. Supposedly, 317 00:17:08,640 --> 00:17:12,000 Speaker 1: over history, as soon as you start spending more on 318 00:17:12,240 --> 00:17:16,600 Speaker 1: interest than you do on defense, your country has become 319 00:17:16,880 --> 00:17:19,720 Speaker 1: a country that is on decline. That goes all the 320 00:17:19,800 --> 00:17:22,359 Speaker 1: way back. According to a lot of smart history people 321 00:17:22,760 --> 00:17:25,280 Speaker 1: to looking at some of the budgets in ancient Rome. 322 00:17:25,880 --> 00:17:28,800 Speaker 1: As soon as the interest and what you're spending on 323 00:17:28,920 --> 00:17:30,760 Speaker 1: interest exceeds defense spending. 324 00:17:31,400 --> 00:17:35,120 Speaker 2: You have become a declining empire. We are now there. 325 00:17:35,440 --> 00:17:41,720 Speaker 2: That doesn't seem ideal to me. Wompomp, Yeah, that's that's 326 00:17:41,800 --> 00:17:44,280 Speaker 2: actual grinch. I'm sorry, that's the reality. 327 00:17:44,320 --> 00:17:48,200 Speaker 1: We've made a lot of promises through a lot of people, me, you, 328 00:17:48,440 --> 00:17:54,080 Speaker 1: everybody out there. Without reforming Social Security, Medicare and getting 329 00:17:54,119 --> 00:17:56,880 Speaker 1: rid of some of this debt, we can't balance. 330 00:17:56,600 --> 00:17:58,160 Speaker 2: The budget in any significant way. 331 00:17:59,359 --> 00:18:03,880 Speaker 1: Thanks for all the Christmas cheer, Clay, get the benefit 332 00:18:04,280 --> 00:18:07,160 Speaker 1: of great Wall Street advice. It gives you a positive 333 00:18:07,200 --> 00:18:09,640 Speaker 1: advantage that it is harder to come by than you'd 334 00:18:09,680 --> 00:18:13,840 Speaker 1: think at first glance. And that's where my friend Brad 335 00:18:13,920 --> 00:18:16,560 Speaker 1: Thomas comes in. Brad's a Wall Street veteran and he 336 00:18:16,640 --> 00:18:18,520 Speaker 1: wants to share his advice with you. He's an expert 337 00:18:18,560 --> 00:18:21,359 Speaker 1: in the world's largest asset, an asset that is bigger 338 00:18:21,800 --> 00:18:25,639 Speaker 1: than stocks and bonds combined. And you know what, you 339 00:18:25,760 --> 00:18:28,960 Speaker 1: got to go check it out for yourself. Bradlert dot com. 340 00:18:29,520 --> 00:18:33,040 Speaker 1: That's Bradlert dot com. He's got an investment idea for 341 00:18:33,160 --> 00:18:36,640 Speaker 1: you that is huge and you have to get into 342 00:18:36,680 --> 00:18:38,520 Speaker 1: it before the end of the year. This is a 343 00:18:38,600 --> 00:18:42,040 Speaker 1: guy who has worked at the high levels of finance, 344 00:18:42,240 --> 00:18:46,359 Speaker 1: understands this asset class very well. And you just got 345 00:18:46,440 --> 00:18:49,160 Speaker 1: to see his presentation for yourself. Go to brad alert 346 00:18:49,240 --> 00:18:52,160 Speaker 1: dot com again. That website is brad alert dot com 347 00:18:52,320 --> 00:18:55,360 Speaker 1: paid for by wide Mote Research. We've got PoCA Bell 348 00:18:55,480 --> 00:18:56,399 Speaker 1: cannon going on here? 349 00:18:56,560 --> 00:18:59,560 Speaker 2: Is that a Is that a Christmas tune? 350 00:18:59,640 --> 00:19:04,119 Speaker 1: That this was just from weddings? That's what I'm I'm 351 00:19:04,320 --> 00:19:06,080 Speaker 1: that's what I usually think of. I was like, Clay, 352 00:19:06,359 --> 00:19:07,280 Speaker 1: what's going on over here? 353 00:19:07,400 --> 00:19:11,000 Speaker 2: Is this Christmas? And twenty years? I don't know? 354 00:19:11,119 --> 00:19:14,359 Speaker 1: It's Laura Laura bailing. Yeah, that's that's really interesting. I've 355 00:19:14,359 --> 00:19:17,400 Speaker 1: never I wasn't expecting us to come into a wedding march. 356 00:19:18,840 --> 00:19:21,480 Speaker 1: So yeah, anyway, I'm pretty sure that was PoCA Bell's 357 00:19:21,640 --> 00:19:24,200 Speaker 1: cat in and uh interesting tunes. Be like, look, we 358 00:19:24,280 --> 00:19:27,960 Speaker 1: love our Christmas, our Christmas cheer, we love our Mannheim 359 00:19:28,240 --> 00:19:32,600 Speaker 1: steamroller and uh, getting into all the holiday spirit. So 360 00:19:33,160 --> 00:19:35,960 Speaker 1: indeed a lot of that going on. Let's we're going 361 00:19:36,040 --> 00:19:37,920 Speaker 1: back into Grinch mode here. I just had to say 362 00:19:37,960 --> 00:19:39,800 Speaker 1: that to make sure everyone feels like we're getting in 363 00:19:39,840 --> 00:19:41,439 Speaker 1: the Christmas spirit. But now I'm gonna take us out 364 00:19:41,440 --> 00:19:45,240 Speaker 1: of it by getting into Grinch mode and talking bottom 365 00:19:45,320 --> 00:19:50,040 Speaker 1: dollar brass tax about the debt, the deficit, government spending 366 00:19:50,280 --> 00:19:53,280 Speaker 1: and all the rest of it. Let's just let's just 367 00:19:53,320 --> 00:19:55,240 Speaker 1: set the table before we dive into this. And I 368 00:19:55,600 --> 00:20:00,800 Speaker 1: texted our our, our buddy Vivek Ramaswami. We busy him 369 00:20:00,840 --> 00:20:02,280 Speaker 1: and Elon trying to save the country. 370 00:20:02,359 --> 00:20:02,680 Speaker 2: I get it. 371 00:20:02,840 --> 00:20:04,280 Speaker 1: I told him anytime he wants to come on to 372 00:20:04,320 --> 00:20:06,560 Speaker 1: talk about this, you know, we'll we'll make it happen. 373 00:20:08,200 --> 00:20:09,600 Speaker 1: You know, I think a lot of people right now 374 00:20:09,680 --> 00:20:11,360 Speaker 1: are kind of gearing up to take some time off 375 00:20:11,480 --> 00:20:14,320 Speaker 1: before because once we hit in January, I mean that's 376 00:20:14,359 --> 00:20:17,440 Speaker 1: when it's you know, everything is imminent, full steam ahead. 377 00:20:17,440 --> 00:20:19,639 Speaker 1: There a little bit of a lull right now, but 378 00:20:19,760 --> 00:20:21,960 Speaker 1: not for Congress because they're trying to ram this thing through. 379 00:20:23,119 --> 00:20:25,879 Speaker 1: You know, it's very classic Congress move. Let's lay out 380 00:20:25,920 --> 00:20:28,280 Speaker 1: clay what this is, and we can we get into 381 00:20:28,280 --> 00:20:30,560 Speaker 1: the details a little bit. The Wall Street Journal has 382 00:20:30,600 --> 00:20:34,800 Speaker 1: this deal to avert government shut down includes one hundred 383 00:20:34,800 --> 00:20:39,680 Speaker 1: and ten billion dollars in disaster and farm aid. It 384 00:20:39,840 --> 00:20:46,920 Speaker 1: is a sprawling package. It is fifteen hundred pages. The 385 00:20:47,040 --> 00:20:52,359 Speaker 1: proposal would extend current government funding until March fourteenth, which 386 00:20:52,440 --> 00:20:55,719 Speaker 1: is moving this down the line until the next Congress 387 00:20:55,800 --> 00:20:59,000 Speaker 1: would would decide how much money to allocate the federal 388 00:20:59,040 --> 00:21:04,840 Speaker 1: agencies until September thirtieth, the remainder for the remainder of 389 00:21:04,880 --> 00:21:08,560 Speaker 1: the fiscal year. So there's one hundred and ten billion. 390 00:21:08,640 --> 00:21:11,399 Speaker 1: Like I said, disaster and Farm Relieve fifteen hundred and 391 00:21:11,480 --> 00:21:14,000 Speaker 1: forty seven pages. Don't want leave out those forty seven pages. 392 00:21:15,560 --> 00:21:19,480 Speaker 1: It is a terrible night for the taxpayer. Congressman Burchett 393 00:21:19,840 --> 00:21:23,959 Speaker 1: of tennessee your homesteak Clay seventy saw this. People are 394 00:21:24,000 --> 00:21:27,960 Speaker 1: not reading this. Vivik I saw was tweeting about this. 395 00:21:28,240 --> 00:21:30,720 Speaker 1: I can never you know, posting on X. I still 396 00:21:31,000 --> 00:21:32,880 Speaker 1: I wish we could use some of the tweet language, 397 00:21:32,880 --> 00:21:34,960 Speaker 1: even though I know X is a far better platform. 398 00:21:36,200 --> 00:21:38,320 Speaker 1: Viveke was on this and he's saying, look, he's actually 399 00:21:38,359 --> 00:21:41,520 Speaker 1: reading it, which is Isn't that funny? First, Let's start 400 00:21:41,560 --> 00:21:45,200 Speaker 1: with that the bill to spend hundreds of billions of 401 00:21:45,320 --> 00:21:49,920 Speaker 1: dollars of your money to actually read that thing. 402 00:21:50,119 --> 00:21:52,120 Speaker 2: For the people who are. 403 00:21:52,280 --> 00:21:57,280 Speaker 1: Doing it is like a revolutionary idea, right or for 404 00:21:57,400 --> 00:21:59,680 Speaker 1: anyone to do that is no one expects that they're 405 00:21:59,680 --> 00:22:03,080 Speaker 1: actually eating this whole thing. Why is that clay? This 406 00:22:03,240 --> 00:22:08,679 Speaker 1: should be twenty pages long. This should be a clean 407 00:22:10,520 --> 00:22:13,320 Speaker 1: spending proposal. Shouldn't be all this stuff they do, the 408 00:22:13,440 --> 00:22:17,960 Speaker 1: cr It just becomes an excuse. Everybody throws their goodies 409 00:22:18,040 --> 00:22:19,400 Speaker 1: in there, their pork in there. 410 00:22:19,760 --> 00:22:20,760 Speaker 2: This is the mess. 411 00:22:21,359 --> 00:22:24,800 Speaker 1: This is why there's no accountability, there's no stopping this 412 00:22:24,960 --> 00:22:29,240 Speaker 1: runaway spending. And Republicans are they going to go along 413 00:22:29,320 --> 00:22:31,480 Speaker 1: with this? Is this what we're heading for? Once again, 414 00:22:32,000 --> 00:22:37,640 Speaker 1: it's disconcerting all of the time these arguments happen. And again, 415 00:22:37,720 --> 00:22:42,959 Speaker 1: I'm gonna be super grinch here. There is no magic bullet. 416 00:22:44,880 --> 00:22:48,080 Speaker 1: The only way for the government to balance its budget 417 00:22:48,760 --> 00:22:57,080 Speaker 1: is to address Social Security, Medicare, and our massive federal deficit, 418 00:22:57,400 --> 00:22:59,959 Speaker 1: which is eating more and more of the budget every year. 419 00:23:01,160 --> 00:23:07,119 Speaker 1: If you cut everything from the budget except Social Security, Medicare, 420 00:23:08,400 --> 00:23:12,440 Speaker 1: the interest on the debt, and defense, we would still 421 00:23:13,000 --> 00:23:17,119 Speaker 1: have a massive federal deficit. And people anytime you mentioned 422 00:23:17,160 --> 00:23:20,280 Speaker 1: social security, people get fired up. I'm sure that we 423 00:23:20,400 --> 00:23:24,200 Speaker 1: are deluged in emails from people talking about social security. 424 00:23:24,680 --> 00:23:29,439 Speaker 1: It's a broken system. Okay, people who are bucking mind's 425 00:23:29,520 --> 00:23:33,640 Speaker 1: age and I pay in a massive amount of social 426 00:23:33,680 --> 00:23:37,639 Speaker 1: Security the math doesn't add up for us to be 427 00:23:37,720 --> 00:23:43,040 Speaker 1: able to get back what we put in. The only 428 00:23:43,160 --> 00:23:46,600 Speaker 1: way social Security worked for as long as it did again, 429 00:23:46,680 --> 00:23:49,920 Speaker 1: these are cold, hard truths that most politicians won't tell 430 00:23:49,960 --> 00:23:52,240 Speaker 1: you because they're worried about getting re elected. 431 00:23:52,880 --> 00:23:54,399 Speaker 2: And the easy thing to say is. 432 00:23:54,440 --> 00:23:57,760 Speaker 1: I'll never touch your social Security, I'll never touch your Medicare. 433 00:23:57,880 --> 00:24:00,879 Speaker 1: That's what they all say, because they just push it 434 00:24:01,040 --> 00:24:07,760 Speaker 1: down the line. The reason it worked is because when 435 00:24:07,840 --> 00:24:11,640 Speaker 1: they started it, the America was a very very young 436 00:24:11,760 --> 00:24:16,600 Speaker 1: country and most people didn't live to the ages where 437 00:24:16,680 --> 00:24:21,040 Speaker 1: they would be able to catch social Security checks. Now 438 00:24:21,440 --> 00:24:24,800 Speaker 1: America is very much of an aging country, and we 439 00:24:25,000 --> 00:24:29,600 Speaker 1: have far fewer workers relative to retirees, and as the 440 00:24:29,680 --> 00:24:34,280 Speaker 1: baby boomers are all retiring, the number of younger people 441 00:24:34,400 --> 00:24:38,880 Speaker 1: in this country doesn't exist to make social Security work. 442 00:24:40,440 --> 00:24:41,120 Speaker 2: That's the truth. 443 00:24:41,800 --> 00:24:45,280 Speaker 1: Most politicians will not tell you that. They all run 444 00:24:45,320 --> 00:24:47,639 Speaker 1: around and say, I'm going to balance the budget. It's 445 00:24:47,720 --> 00:24:52,480 Speaker 1: impossible to balance the budget without addressing Social Security and Medicare, 446 00:24:53,720 --> 00:24:58,400 Speaker 1: and look that deserves and should be a huge part 447 00:24:58,440 --> 00:25:03,119 Speaker 1: of our national discussion. Nobody will touch it because every 448 00:25:03,520 --> 00:25:06,240 Speaker 1: president only gets eight years and then it's on to 449 00:25:06,320 --> 00:25:08,720 Speaker 1: the next guy, and the reality is this is a 450 00:25:08,760 --> 00:25:11,560 Speaker 1: ticking time bomb that's going to explode in like twenty years. 451 00:25:12,960 --> 00:25:15,680 Speaker 2: I am, by the way, Merry Christmas, everybody. I was 452 00:25:15,720 --> 00:25:18,840 Speaker 2: gonna say, you are growing green fur in real time, 453 00:25:19,000 --> 00:25:19,679 Speaker 2: mister Grinch. 454 00:25:20,560 --> 00:25:23,720 Speaker 1: But every time we have this happens every time Buck, 455 00:25:24,080 --> 00:25:27,280 Speaker 1: every time one of these continuing resolutions comes up, people 456 00:25:27,400 --> 00:25:30,440 Speaker 1: get mad and they're like, what are we doing it? 457 00:25:31,240 --> 00:25:35,080 Speaker 1: It's gonna get solved. And the solving is we're gonna 458 00:25:35,119 --> 00:25:37,359 Speaker 1: take on more debt and it's gonna be greater than 459 00:25:37,440 --> 00:25:39,960 Speaker 1: thirty six trillion dollars and most people are not gonna 460 00:25:39,960 --> 00:25:42,840 Speaker 1: pay attention again until there's a continuing resolution in a year. 461 00:25:44,000 --> 00:25:47,200 Speaker 2: We are the problem, yes, that's what. Not me and 462 00:25:47,320 --> 00:25:51,000 Speaker 2: Clay or Clay and I or Clay and me. No, 463 00:25:51,240 --> 00:25:52,800 Speaker 2: Clay and I. I am not the problem. Clay is 464 00:25:52,840 --> 00:25:55,560 Speaker 2: not the problem. Okay, we are not. Some people would 465 00:25:55,600 --> 00:25:56,560 Speaker 2: say we are the problem. 466 00:25:56,680 --> 00:25:58,560 Speaker 1: So but that's why I would agree with you that 467 00:25:58,640 --> 00:26:01,240 Speaker 1: we yes, right, yeah, yeah, But I mean we, the 468 00:26:01,359 --> 00:26:05,280 Speaker 1: American people when it comes to this, are the problem. 469 00:26:05,720 --> 00:26:08,000 Speaker 1: And we go through this exercise because we all say, 470 00:26:08,040 --> 00:26:10,560 Speaker 1: oh my gosh, the dead team, check me on this 471 00:26:11,000 --> 00:26:17,560 Speaker 1: Tea Party is a peaceful political revolution in America in 472 00:26:17,720 --> 00:26:21,119 Speaker 1: circa what twenty ten? Not the original tea Party, different, 473 00:26:21,160 --> 00:26:24,000 Speaker 1: different kind of tea party, but the Tea Party comes 474 00:26:24,040 --> 00:26:24,679 Speaker 1: out twenty ten. 475 00:26:24,840 --> 00:26:28,400 Speaker 2: I think that the deficit is twelve trillion or something. 476 00:26:28,480 --> 00:26:31,240 Speaker 1: I think it was ten trillion, ten trillion number that 477 00:26:31,440 --> 00:26:35,760 Speaker 1: finally people panicked on ten trillion. We are at thirty 478 00:26:35,840 --> 00:26:39,920 Speaker 1: six trillion dollars right now, everybody. So if at ten trillion, 479 00:26:40,520 --> 00:26:43,119 Speaker 1: you know, my dear friend Glenn Beck can get one 480 00:26:43,160 --> 00:26:45,480 Speaker 1: hundred thousand people out on the mall and try to 481 00:26:45,880 --> 00:26:49,760 Speaker 1: bring people into Congress who are prepared to handle the problem. 482 00:26:49,960 --> 00:26:51,880 Speaker 2: What do we do at thirty six trillion? 483 00:26:52,400 --> 00:26:54,879 Speaker 1: Not that much longer, you know, a decade and change 484 00:26:55,080 --> 00:26:58,200 Speaker 1: after that thirty six trillion dollars. And it's because every 485 00:26:58,240 --> 00:27:00,879 Speaker 1: time we talk about it, everyone agrees as a problem, 486 00:27:00,920 --> 00:27:02,719 Speaker 1: and then we say, well, how do we fix the problem, 487 00:27:03,240 --> 00:27:07,439 Speaker 1: and we would get one hundred angry calls from people saying, 488 00:27:07,920 --> 00:27:10,359 Speaker 1: but I've paid into Medicare my whole life, and you 489 00:27:10,440 --> 00:27:14,199 Speaker 1: can't touch it now. No one's obviously people shouldn't get medicare. 490 00:27:14,320 --> 00:27:16,640 Speaker 1: That's a horrible bait and switch, and that shouldn't. That's 491 00:27:16,680 --> 00:27:19,360 Speaker 1: not what anyone's suggesting, zom when anyone's talking about it's 492 00:27:19,400 --> 00:27:21,240 Speaker 1: not necessary, that's not what you need to do. 493 00:27:21,800 --> 00:27:23,359 Speaker 2: But there are reforms, there. 494 00:27:23,240 --> 00:27:26,280 Speaker 1: Are changes to some of these programs that could be 495 00:27:26,480 --> 00:27:30,000 Speaker 1: made without leaving people who have paid into them high 496 00:27:30,040 --> 00:27:33,200 Speaker 1: and dry. That would change for the future, that would 497 00:27:33,200 --> 00:27:35,920 Speaker 1: have a dramatic impact on the budget. And the question 498 00:27:36,160 --> 00:27:37,879 Speaker 1: is do we have the political will to do it? 499 00:27:38,400 --> 00:27:40,879 Speaker 1: And Clay this time around, I think the answer is 500 00:27:40,920 --> 00:27:44,119 Speaker 1: still Unfortunately, if this resolution goes through, this r goes through, 501 00:27:44,160 --> 00:27:46,800 Speaker 1: the answer is no, we don't have the political will. 502 00:27:47,040 --> 00:27:50,680 Speaker 1: And then what we're on is a conveyor belt to 503 00:27:50,800 --> 00:27:53,520 Speaker 1: the edge of a cliff, and by the time we 504 00:27:53,680 --> 00:27:56,040 Speaker 1: all agree it has to be fixed, it will be 505 00:27:56,119 --> 00:27:57,640 Speaker 1: too late to fix it in a way that does 506 00:27:57,720 --> 00:28:04,080 Speaker 1: not result in massive economic devastation and tremendous loss of 507 00:28:04,359 --> 00:28:06,919 Speaker 1: financial stability and prosperity for the future. 508 00:28:07,000 --> 00:28:09,200 Speaker 2: So, you know, we we can pick, we can pick 509 00:28:09,240 --> 00:28:10,760 Speaker 2: our poison. And I think we know what we're doing 510 00:28:10,840 --> 00:28:11,119 Speaker 2: right now. 511 00:28:11,560 --> 00:28:13,880 Speaker 1: You know, we're we're drinking the eggnog and worrying about 512 00:28:13,880 --> 00:28:18,159 Speaker 1: the calories tomorrow totally, and we're going to be one 513 00:28:18,240 --> 00:28:24,560 Speaker 1: hundred trillion dollars in debt, and most politicians will not 514 00:28:24,800 --> 00:28:29,720 Speaker 1: tell you any of this because if they do and 515 00:28:29,840 --> 00:28:33,720 Speaker 1: they try to address it, to Buck's point, the American 516 00:28:33,840 --> 00:28:38,120 Speaker 1: public overwhelmingly rejects the idea that you should even talk 517 00:28:38,160 --> 00:28:42,000 Speaker 1: about the problem. It's like, to your point, on the 518 00:28:42,280 --> 00:28:44,600 Speaker 1: on the drink the eggnog, we're about the calories tomorrow. 519 00:28:45,560 --> 00:28:50,680 Speaker 1: It's like being wildly obese and getting mad when somebody says, 520 00:28:50,720 --> 00:28:52,080 Speaker 1: maybe you should eat a little bit less. 521 00:28:53,680 --> 00:28:56,200 Speaker 2: And that's that's the unfortunate reality. 522 00:28:56,200 --> 00:28:59,920 Speaker 1: Whether you're a Democrat, republican, independent, nobody talks about the 523 00:29:00,080 --> 00:29:03,280 Speaker 1: ticking time bomb of the entitlements and the fact that 524 00:29:03,680 --> 00:29:07,120 Speaker 1: in the next twenty to forty years this is going 525 00:29:07,200 --> 00:29:10,440 Speaker 1: to blow up into an even larger issue. Now, that 526 00:29:10,520 --> 00:29:15,920 Speaker 1: doesn't mean that there isn't incredible amounts of graft inside 527 00:29:15,960 --> 00:29:20,959 Speaker 1: of our government, that we shouldn't have far fewer federal 528 00:29:21,040 --> 00:29:22,120 Speaker 1: employees than we do. 529 00:29:22,560 --> 00:29:25,160 Speaker 2: It's just that you can't. The analogy I used to 530 00:29:25,280 --> 00:29:28,400 Speaker 2: use is, yeah, no, I don't want to interrupt. 531 00:29:28,480 --> 00:29:29,880 Speaker 1: Tell me the analogy, and then I'll tell you the 532 00:29:29,960 --> 00:29:31,840 Speaker 1: feedback we're getting right now from this conversation. 533 00:29:31,960 --> 00:29:33,720 Speaker 2: In real time. I'm sure people are mad at us 534 00:29:33,760 --> 00:29:36,400 Speaker 2: for even bringing it up. But here it's like saying 535 00:29:37,120 --> 00:29:37,560 Speaker 2: we've got. 536 00:29:37,520 --> 00:29:40,920 Speaker 1: To go on a diet, but you can only lose 537 00:29:41,040 --> 00:29:45,480 Speaker 1: weight in your right arm, Like you can't fix your 538 00:29:45,640 --> 00:29:48,720 Speaker 1: body by only addressing issues in the right arm. The 539 00:29:48,800 --> 00:29:51,560 Speaker 1: whole body has to be addressed. That's the reality of 540 00:29:51,640 --> 00:29:53,880 Speaker 1: our budget depths. That are we getting deluged with people 541 00:29:53,920 --> 00:29:56,680 Speaker 1: who are mad about like anytime you mention it, yeah, 542 00:29:56,720 --> 00:30:00,560 Speaker 1: of course, yeah the IP Cynthia quit calling so security 543 00:30:00,600 --> 00:30:03,719 Speaker 1: and entitlement. It is not welfare. We paid in all 544 00:30:03,760 --> 00:30:05,760 Speaker 1: our working lives and are just getting your money out back. 545 00:30:06,600 --> 00:30:08,320 Speaker 1: I did, I didn't even think I did, I even did? 546 00:30:08,360 --> 00:30:10,720 Speaker 1: We says social securities entitlement. I don't even I was 547 00:30:10,760 --> 00:30:13,360 Speaker 1: talking about Medicare, which is a I think again the 548 00:30:13,440 --> 00:30:17,000 Speaker 1: way that you classify this, it's an entitlement, meaning the 549 00:30:17,160 --> 00:30:20,400 Speaker 1: money has to be spent out. In other words, every 550 00:30:20,520 --> 00:30:24,600 Speaker 1: year they don't vote on Hey, what are social security 551 00:30:25,040 --> 00:30:27,000 Speaker 1: and medicare going to be? 552 00:30:27,280 --> 00:30:27,400 Speaker 2: Right? 553 00:30:27,520 --> 00:30:30,720 Speaker 1: It's an automatic entitlement inside of the government. That's an 554 00:30:30,760 --> 00:30:33,120 Speaker 1: accurate phrase. I don't I don't know why she's upset 555 00:30:33,160 --> 00:30:36,080 Speaker 1: about that, But in other words, it has to be 556 00:30:36,200 --> 00:30:39,720 Speaker 1: spent it isn't a line item. Every year, social Security 557 00:30:39,760 --> 00:30:42,959 Speaker 1: grows at a certain rate every year, Medicare grows at 558 00:30:43,000 --> 00:30:46,840 Speaker 1: a certain rate adjusted for inflation, and it isn't addressed. 559 00:30:46,880 --> 00:30:49,720 Speaker 1: It's not like it's a part of the larger budget resolutions. 560 00:30:50,080 --> 00:30:54,960 Speaker 1: It's an entitlement that's accurate. I don't know what that 561 00:30:55,160 --> 00:30:58,840 Speaker 1: that quibble with term, Well, it's very it's very straightforward. 562 00:30:58,920 --> 00:31:00,200 Speaker 2: I mean, you either. 563 00:31:01,960 --> 00:31:05,280 Speaker 1: Address I mean, Medicare is the big one that will 564 00:31:05,320 --> 00:31:07,760 Speaker 1: actually just that just continues to blow a massive hole 565 00:31:07,920 --> 00:31:09,440 Speaker 1: through the budget every year. 566 00:31:09,960 --> 00:31:11,040 Speaker 2: So you can address. 567 00:31:10,720 --> 00:31:14,840 Speaker 1: Medicare, and you can address some ways social Security, and 568 00:31:14,920 --> 00:31:16,840 Speaker 1: a little bit of defense spending too, you could probably 569 00:31:16,840 --> 00:31:17,600 Speaker 1: throw in there as well. 570 00:31:17,640 --> 00:31:19,600 Speaker 2: That's the one that Republicans generally don't want to talk about, 571 00:31:19,600 --> 00:31:20,880 Speaker 2: although there are Republicans who love. 572 00:31:20,800 --> 00:31:22,800 Speaker 1: Defense spending and then they go work for Lockheed or 573 00:31:22,840 --> 00:31:25,640 Speaker 1: sit on the board there, or become lobbyists for it. 574 00:31:26,240 --> 00:31:28,960 Speaker 1: But you know, we either care about this or we don't. 575 00:31:29,520 --> 00:31:31,520 Speaker 1: And I kind of think that a lot of Republicans 576 00:31:31,600 --> 00:31:35,400 Speaker 1: ever reached the point where they say everyone everyone wants 577 00:31:35,400 --> 00:31:38,040 Speaker 1: to say they care about the debt, nobody wants to 578 00:31:38,120 --> 00:31:40,480 Speaker 1: actually deal with it. Everyone wants to spend. Everyone wants 579 00:31:40,520 --> 00:31:44,640 Speaker 1: to say Santa Claus is real. It's just he's the 580 00:31:44,720 --> 00:31:47,400 Speaker 1: guy who's paying all the bills for the government that 581 00:31:47,840 --> 00:31:49,160 Speaker 1: we don't actually have the money for us. So we 582 00:31:49,240 --> 00:31:51,560 Speaker 1: print the money, which debases the currency, which means everything 583 00:31:51,600 --> 00:31:54,920 Speaker 1: gets more expensive, which means grandchildren right now of people 584 00:31:54,920 --> 00:31:58,400 Speaker 1: who are receiving these programs are going to be in 585 00:31:58,520 --> 00:32:01,200 Speaker 1: a less well off es than they would have otherwise 586 00:32:01,240 --> 00:32:03,400 Speaker 1: been because paying the interest on the debt is going 587 00:32:03,440 --> 00:32:06,080 Speaker 1: to be massive. But you know, man, this is our 588 00:32:06,280 --> 00:32:09,680 Speaker 1: this was our grinch segment. You know what spend spend like. 589 00:32:09,760 --> 00:32:12,080 Speaker 1: There's no spend, like, there's no tomorrow. Everybody forget about 590 00:32:12,120 --> 00:32:14,400 Speaker 1: what's the difference. Let's go to one hundred trillion. Let's 591 00:32:14,480 --> 00:32:16,800 Speaker 1: ride that train. Let's ride off the end of the cliff, 592 00:32:17,080 --> 00:32:19,560 Speaker 1: because we all are owed it, right, we're all owed it. 593 00:32:19,680 --> 00:32:20,120 Speaker 2: Let's do it. 594 00:32:20,320 --> 00:32:24,040 Speaker 1: I want Medicare and Social Security too, exactly as they are. Yay, 595 00:32:24,280 --> 00:32:26,760 Speaker 1: Mary Christmas. By the way, Mary Christmas, everybody, I'll just 596 00:32:26,800 --> 00:32:29,800 Speaker 1: point this out. Also, I'd prefer the government didn't take 597 00:32:29,840 --> 00:32:33,120 Speaker 1: our money, like let you invest for retirement on your 598 00:32:33,200 --> 00:32:37,640 Speaker 1: own instead of taking I think the social security program 599 00:32:37,720 --> 00:32:42,160 Speaker 1: in general is wildly under disgusted, which has ballooned our 600 00:32:42,200 --> 00:32:47,400 Speaker 1: federal government and oftentimes is not actually what I personally 601 00:32:47,560 --> 00:32:49,360 Speaker 1: would choose. I don't want the government to take my 602 00:32:49,440 --> 00:32:51,760 Speaker 1: money when I'm young and healthy and then give it 603 00:32:51,840 --> 00:32:53,360 Speaker 1: back to me if I happen to live to be 604 00:32:53,440 --> 00:32:55,880 Speaker 1: seventy five, I'd rather keep all my money all the time. 605 00:32:56,080 --> 00:32:58,000 Speaker 2: I think I can use it better than the government. 606 00:32:58,080 --> 00:32:58,680 Speaker 2: Maybe that's just me. 607 00:32:59,520 --> 00:33:02,640 Speaker 1: Look when severe weather reeks havoc on our ability to 608 00:33:02,680 --> 00:33:05,080 Speaker 1: stay in touch with each other, rapid radios has a 609 00:33:05,240 --> 00:33:08,680 Speaker 1: solution for it. 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It 618 00:33:34,360 --> 00:33:36,680 Speaker 1: can be anywhere in the US, so you can talk 619 00:33:36,720 --> 00:33:39,400 Speaker 1: to relatives and friends close by and far away for 620 00:33:39,480 --> 00:33:41,880 Speaker 1: a limited time. Go to rapid Radios Dot com You'll 621 00:33:41,960 --> 00:33:45,440 Speaker 1: be up to sixty percent off on that product, free 622 00:33:45,520 --> 00:33:48,880 Speaker 1: ups shipping for Michigan plus a free protection bag. 623 00:33:49,000 --> 00:33:53,520 Speaker 2: Ad Code Radio get an extra five percent off news 624 00:33:53,640 --> 00:33:56,720 Speaker 2: and politics, but also a little comic relief. 625 00:33:56,920 --> 00:34:01,280 Speaker 1: Clay Travis at buck Sexton find them the free iHeartRadio 626 00:34:01,400 --> 00:34:04,600 Speaker 1: app or wherever you get your podcasts. Welcome back in 627 00:34:04,760 --> 00:34:08,520 Speaker 1: Clay Travis buck Sexton Show. A lot of people want 628 00:34:08,520 --> 00:34:11,440 Speaker 1: a weigh in, as you might imagine, one week from Christmas, 629 00:34:12,200 --> 00:34:15,000 Speaker 1: we are the gritches telling you that the reality is 630 00:34:15,120 --> 00:34:19,560 Speaker 1: you can't just reform and balance the federal budget by 631 00:34:19,800 --> 00:34:23,000 Speaker 1: cutting spending without addressing Social Security Medicare. 632 00:34:23,040 --> 00:34:23,719 Speaker 2: It's impossible. 633 00:34:24,760 --> 00:34:26,840 Speaker 1: But people think, oh, well, if there were just a 634 00:34:26,920 --> 00:34:31,520 Speaker 1: little bit less welfare benefits, then no, it requires addressing 635 00:34:31,640 --> 00:34:32,760 Speaker 1: Social Security and Medicare. 636 00:34:32,880 --> 00:34:37,040 Speaker 2: Terry, what you got for us? Yeah? 637 00:34:37,280 --> 00:34:40,680 Speaker 1: Hi Buck, Yeah, I'm one of those people that don't 638 00:34:40,719 --> 00:34:43,080 Speaker 1: believe in that the craft that they're saying. 639 00:34:43,160 --> 00:34:47,920 Speaker 2: It's entitlement. Okay, I paid it to it from the 640 00:34:47,960 --> 00:34:51,560 Speaker 2: time I yes, So does that seem like a good deal? 641 00:34:51,680 --> 00:34:54,520 Speaker 2: Hold on, Terry four years old. I'm working two part 642 00:34:54,600 --> 00:34:58,000 Speaker 2: time jobs to make ends meet. Well, we appreciate that, 643 00:34:58,120 --> 00:34:58,840 Speaker 2: but let me ask you this. 644 00:34:59,560 --> 00:35:02,280 Speaker 1: Would you you'd rather have had all of the money 645 00:35:02,360 --> 00:35:05,200 Speaker 1: that you made since you were sixteen years old and 646 00:35:05,360 --> 00:35:08,720 Speaker 1: gotten to keep it, or would you rather the government 647 00:35:08,840 --> 00:35:12,360 Speaker 1: take it and then give you back frankly a crappy 648 00:35:12,480 --> 00:35:17,800 Speaker 1: rate of return adjusted for inflation. I'd rather the government 649 00:35:17,960 --> 00:35:20,560 Speaker 1: not stole the money and put it in the general 650 00:35:20,760 --> 00:35:25,120 Speaker 1: fund with an IOU and a supposed lock box. 651 00:35:25,920 --> 00:35:29,000 Speaker 2: Yeah all right, so that sounds so you're with us, Terry. 652 00:35:29,080 --> 00:35:31,680 Speaker 1: First of all, I appreciate the fact that you are 653 00:35:31,840 --> 00:35:34,440 Speaker 1: working your ass off and you got two different jobs 654 00:35:34,600 --> 00:35:37,359 Speaker 1: and you need the money that the government took from 655 00:35:37,440 --> 00:35:37,839 Speaker 1: you back. 656 00:35:38,160 --> 00:35:41,440 Speaker 2: I one billion percent agree with you. Thank you for 657 00:35:41,520 --> 00:35:41,879 Speaker 2: the call. 658 00:35:42,840 --> 00:35:46,800 Speaker 1: My point is just it's not a good deal, and 659 00:35:46,880 --> 00:35:49,640 Speaker 1: almost no one will talk about it because since FDR 660 00:35:49,760 --> 00:35:53,760 Speaker 1: put in place so security, it's this great, unbelievable. It's actually, 661 00:35:54,080 --> 00:35:56,880 Speaker 1: for many people a really crappy deal. And if you 662 00:35:57,120 --> 00:36:01,600 Speaker 1: die young, which many people do, it's like the worst 663 00:36:01,680 --> 00:36:05,960 Speaker 1: deal ever, especially if you and your spouse both die. 664 00:36:06,920 --> 00:36:11,200 Speaker 1: The government just fleeced you completely. I see you keeping 665 00:36:11,280 --> 00:36:16,520 Speaker 1: your money. People immediately think that reform means they're getting screwed. 666 00:36:16,200 --> 00:36:17,240 Speaker 2: Out of what they're owed. 667 00:36:18,080 --> 00:36:20,319 Speaker 1: No one has to change anything about what's being spent 668 00:36:20,640 --> 00:36:23,600 Speaker 1: right now. You can reform the program so that people 669 00:36:23,640 --> 00:36:26,279 Speaker 1: that are going to be eligible in ten years have 670 00:36:26,520 --> 00:36:30,560 Speaker 1: different things going on. And just by way of definition 671 00:36:31,480 --> 00:36:36,400 Speaker 1: Webster's Dictionary, entitlement program quote a government program that guarantees 672 00:36:36,440 --> 00:36:38,400 Speaker 1: benefits to a part of the population.