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Speaker 1: Ahead on an American Sunrise early edition. Not knock, Who's there?

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Speaker 1: President Trump and his fifty years of big time construction

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Speaker 1: project experience. The President paid a personal visit to the

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Speaker 1: site of the big and expensive Federal Reserve renovation project,

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Speaker 1: but it's not really remodeling that's at the top of

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Speaker 1: his mind. Two top Senate Republicans are calling for a

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Speaker 1: special counsel to be named to look into unfolding revelations

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Speaker 1: about the Russia collusion hoax. Those two Senators, Lindsey Graham

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Speaker 1: and John Cornyn, are both facing tough primary challenges next year,

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Speaker 1: so you can see just how important they believe this

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Speaker 1: case is to the Republican base. The Justice Department interviews

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Speaker 1: longtime Jeffrey Epstein girlfriend is Lane Maxwell, but it seems

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Speaker 1: like everyone from House Speaker Mike Johnson to plenty of

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Speaker 1: folks on the left are asking whether anything.

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Speaker 2: She says can be trusted.

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Speaker 1: A major book pub is paying Joe Biden ten million

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Speaker 1: dollars for his memoirs. That's a lot less than the

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Speaker 1: deals Barack Obama and Bill Clinton made, but then again,

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Speaker 1: they actually had things they remembered. And wrestling star and

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Speaker 1: cultural icon Hulk Hogan has died. The Holkster made pro

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Speaker 1: wrestling a national fad, but he also created a lot

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Speaker 1: of controversy. He was seventy one years old. American Sunrise

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Speaker 1: Early Edition starts now.

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Speaker 3: Welcome to American Sunrise Early Edition. The show where faith,

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Speaker 3: freedom and the values that built this nation takes centers.

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Speaker 2: To your good thieves and bad deaths. That's how we're

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Speaker 2: gonna judge you.

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Speaker 3: Join host Jake Novak is he breaks down the stories

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Speaker 3: that met.

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Speaker 2: He will be letting the public know regularly what we

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Speaker 2: have found.

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Speaker 3: American Sunrise Early Edition with your host Jake Novak starts now.

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Speaker 2: Welcome to American Sunrise Early Edition. I'm Jake Novec.

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Speaker 1: It is a no Taie Friday, and for gen X

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Speaker 1: people like me, somebody was telling me it was a

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Speaker 1: very very rough week for us. Three of our major

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Speaker 1: cultural icons, celebrities of our childhood and adolescents, Michael Jamal Warner,

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Speaker 1: the Theo from The Cosby Show, hul Cogan and Ozzy

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Speaker 1: Osbourne all passing this week. A big wake up call

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Speaker 1: for those of us who still think we're little kids

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Speaker 1: because we're not joining me. Right now is Jared Setman

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Speaker 1: to talk about all the harder news this week and

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Speaker 1: today especially, Jared, I want to start with that little

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Speaker 1: visit that had so had a big impact on Washington yesterday,

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Speaker 1: President Trump showing up at the Ecchos building. By the way,

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Speaker 1: that's the name of the building of the Federal Reserve,

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Speaker 1: that's their headquarters and of course the site of this

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Speaker 1: big renovation project.

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Speaker 2: Look.

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Speaker 1: Of course, the real reason why President Trump was there

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Speaker 1: was to continue his pressure campaign on FED Shair J.

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Speaker 2: Powell to lower interest rates.

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Speaker 1: But in this clearly unrehearsed moment that you're about to see,

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Speaker 1: Chairman Powell was caught basically unprepared for what President's Trump

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Speaker 1: had to see.

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Speaker 2: You check it out.

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Speaker 1: They didn't exist or expanding them and a lot of

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Speaker 1: very expensive work, there's no question about it. And Tim

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Speaker 1: has been.

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Speaker 4: With me for a long time, and you're in charge

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Speaker 4: of the committee.

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Speaker 2: Indeed, one of the reason why I wanted to see

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Speaker 2: it was the overruns of the expenses. Wanted to figure

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Speaker 2: out why.

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Speaker 5: Yeah, so we're.

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Speaker 2: Taking a look and it looks like it's about three

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Speaker 2: point one billion, went up a little bit or a lot,

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Speaker 2: so the two point seven is now three point one.

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Speaker 5: Yeah, it just came out.

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Speaker 2: Yeah, I haven't heard that from anybody. Just said it

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Speaker 2: just came.

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Speaker 6: I noted about three point one as well.

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Speaker 2: It came from us.

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Speaker 4: Yes, I don't know who does that. You're including the

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Speaker 4: Martin renovation.

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Speaker 2: You just added the tire capital. You just said you

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Speaker 2: just added in a third build.

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Speaker 7: Is what that is.

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Speaker 2: That's a third building. It's a building that's being built.

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Speaker 2: I know it's been. It was built five years ago.

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Speaker 6: We finished Martin five years part of the old rule

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Speaker 6: so new.

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Speaker 5: So we're going to take a look.

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Speaker 4: We're going to see what's happening, and it's got a

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Speaker 4: long way.

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Speaker 2: Do you expect any more additional COURSEO.

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Speaker 6: Bones don't expect them. We're ready for him, but we

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Speaker 6: have a little bit of a reserve that we may use.

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Speaker 4: But no, we don't expect to be finished in twenty

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Speaker 4: twenty seven.

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Speaker 2: We're well along as you can.

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Speaker 5: Seek.

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Speaker 4: Nice to take these off every once in a while

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Speaker 4: when we're not under too much danger.

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Speaker 1: Jared, that's a moment that only happens with President Trump.

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Speaker 1: I mean, I really don't think that was rehearsed. I mean,

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Speaker 1: obviously President Trump was prepared with that piece of paper.

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Speaker 1: Jerome Powell wasn't I have to ask you, there are

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Speaker 1: a lot of people out there who are going to

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Speaker 1: respond to something like this Jared and say this isn't fair.

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Speaker 1: People who are working in government shouldn't have any of

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Speaker 1: these kinds of extra pressures.

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Speaker 2: Why not.

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Speaker 1: I've been working in the private sector my whole life,

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Speaker 1: and I have pressure from my employers and from the

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Speaker 1: people I'm trying to serve as their customers all the time.

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Speaker 1: If that's the worst pressure jrum Pale ever gets, considering

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Speaker 1: the prestige of his position, then he really should not complain.

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Speaker 5: No, he shouldn't. I mean, that's the problem with this

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Speaker 5: idea of this independent agency that's fully independent. I mean

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Speaker 5: nothing in the federal government should be fully independent. I mean,

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Speaker 5: after all, they work at the behest of the American

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Speaker 5: people and are elected representatives, so I think that they

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Speaker 5: have to answer questions too. They don't get to simply

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Speaker 5: be above everything in politics. The reality is the federal

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Speaker 5: reserve policies have enormous impact on the every day lives

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Speaker 5: of Americans. It's very funny that President Trump is using

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Speaker 5: this message against federal reserves, very much like his hero

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Speaker 5: Andrew Jackson, who was very critical of the Second Bank

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Speaker 5: of the United States, which acted sort of as a

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Speaker 5: sort of precursor to the Federal Reserve. So history sort

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Speaker 5: of repeats itself. But the serious issue at stake here

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Speaker 5: is that President Trump thinks that without lowering interest rates,

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Speaker 5: he can't have the booming economy that he wants, that

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Speaker 5: he can't encourage more home buying in the United States,

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Speaker 5: and so there are very serious policies at stake here. Obviously,

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Speaker 5: President the President actually going to the Federal Reserve and

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Speaker 5: patting the chairman on the back is a little bit

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Speaker 5: of an unusual tactic to do so, but he's making

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Speaker 5: a political point to the American people that he wants

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Speaker 5: to change he thinks is important for the American economy,

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Speaker 5: and I think he has every right to do that.

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Speaker 1: Yeah, I mean, look, the President of the United States

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Speaker 1: is the only person in the federal government where the

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Speaker 1: people have directly elected him. Again, I know there's the

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Speaker 1: electoral college. We can get into the aspects of that

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Speaker 1: in another discussion.

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Speaker 2: But the idea that that.

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Speaker 1: Person who is really the one who's mostly directly accountable

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Speaker 1: to the people, of all the people in the federal government,

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Speaker 1: isn't checking up on some of the people who are

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Speaker 1: indemnified via different appointments and other things like that is

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Speaker 1: ludicrous to me. I also think the President United States

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Speaker 1: should be getting and I know that they do. But

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Speaker 1: I'm talking about a real serious discussion once in a

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Speaker 1: while with the Chief Justice of the United States, not

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Speaker 1: to pressure them to make a certain decision that he

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Speaker 1: particularly wants, but to ask them if they are considering

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Speaker 1: what the American people understand to be the law and

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Speaker 1: the Constitution and things like that. That isn't undue pressure.

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Speaker 1: That's basically having the kind of transparency and some form

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Speaker 1: of accountability for all of our government. This is not

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Speaker 1: an aristocracy that gets to run around like they're the

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Speaker 1: Dukes of Norfolk.

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Speaker 2: Jarrett.

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Speaker 1: We had another interesting development yesterday. Senators Lindsey Graham and

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Speaker 1: John Cornyan, who I note here are both facing serious

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Speaker 1: challenges in their hopes to be re elected next year,

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Speaker 1: are the first two Senators to call for a special

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Speaker 1: prosecutor in this whole Russia collusion hoax and all the

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Speaker 1: information that's coming out from it.

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Speaker 2: This tells me two things. One is, listen the Republican base,

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Speaker 2: these people who they.

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Speaker 1: Believe may not be supporting them right now for their

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Speaker 1: upcoming Republican primaries might really like the fact that they

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Speaker 1: might take the lead on getting some account ability for this.

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Speaker 1: But also I think that there's a legitimate concern by

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Speaker 1: Republicans or people who are upset about this whole Russia

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Speaker 1: collusion oaks and the huge damage it did on this country,

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Speaker 1: are worried that people are going to get away with it.

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Speaker 1: I mean it really feels that way.

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Speaker 5: Yeah, it does feel a way, especially given the scope

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Speaker 5: of what the scandal means for the country. I mean, honestly,

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Speaker 5: looking into the details as far as the reports have

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Speaker 5: been released by the Director of National Intelligence, I mean,

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Speaker 5: this would be this is bigger than Watergate. I mean, really,

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Speaker 5: when you look at the accusations at stake here, where

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Speaker 5: you have a potentially a president who basically work with

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Speaker 5: intelligence services to damage the next presidency of the United States,

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Speaker 5: I mean, that's a very terrible thing. That's a destruction

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Speaker 5: of the trust that Americans have in institutions. I think

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Speaker 5: President Obama is one of the reasons why there's a

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Speaker 5: lack of now trust in American institutions. Mister so called clean,

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Speaker 5: mister you know, no drama, Obama had no scandals. Well,

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Speaker 5: this is a huge scandal, and I think it's directly

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Speaker 5: tied to the second scal is the Biden presidency and

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Speaker 5: using the deep state against political enemies. So whether or

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Speaker 5: not this special prosecutor is the way to go about this, now,

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Speaker 5: that's I think an important question because I think many

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Speaker 5: people are concerned that they appoint a special prosecutor and

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Speaker 5: this case just it takes years and years and we

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Speaker 5: don't see anything from that. And I think that many people,

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Speaker 5: certainly in the conservative base, are very concerned that there've

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Speaker 5: been a lot of investigations, but there's been very few

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Speaker 5: people actually held to account through them. So if this

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Speaker 5: is going to continue and go forward, I think that

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Speaker 5: has to be the end goal here, because if there

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Speaker 5: was this kind of abuse of trust and power, people

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Speaker 5: are going to expect some kind of repercussion from that.

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Speaker 1: Yeah, And I like your point about the years and years.

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Speaker 1: You know, I hear the word special prosecutor, and that's

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Speaker 1: what I think of. I think it's like the big

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Speaker 1: dig of American legal juris pudents. It's going to take

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Speaker 1: ten times the amount of time and ten times the money,

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Speaker 1: and we may not get any result.

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Speaker 2: That's the way I feel speaking of a lot of money.

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Speaker 1: Jareded the Joe Biden book deal Hashet publishing the to

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Speaker 1: give him ten million dollars for his memoirs. You know,

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Speaker 1: I could do a whole segment about what does he

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Speaker 1: actually remember and what doesn't he and that could be

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Speaker 1: you know, maybe even for laughs. But in all seriousness, Jared,

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Speaker 1: this is a long running political scam which by the way,

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Speaker 1: a lot of Republicans have taken advantage of it as well.

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Speaker 1: This is a way for your supporters to put money

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Speaker 1: in your pocket. The publishers are used as basically a conduit.

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Speaker 1: I call it a money laundering operation. This is the

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Speaker 1: way it's done. I mean, honestly, one of the things

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Speaker 1: I say all the time is it's one of the

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Speaker 1: biggest falsehoods to say that political bribery is against the

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Speaker 1: law in America.

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Speaker 2: It's actually that law on the books has.

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Speaker 1: Made it very very interesting, a lot of creative ways

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Speaker 1: to actually get around it. People work very hard to

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Speaker 1: get this done. I mean, this to me is infuriating

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Speaker 1: that this can happen. But you know, no one is

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Speaker 1: going to actually buy this book. Who wants to read it.

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Speaker 1: It's going to be just easily schools will be forced

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Speaker 1: to buy at something like that, or they won't get

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Speaker 1: any buyers at all. But the publisher, I promise you,

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Speaker 1: has been given the money, in other words, to hand

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Speaker 1: over to Joe Biden, either by his donors or by

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Speaker 1: private act.

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Speaker 2: Basically, this is the way they do it.

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Speaker 1: And again a lot of Republicans did this all it

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Speaker 1: had done this in the past as well. You know,

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Speaker 1: do the American people are they aware of this? Do

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Speaker 1: they realize that this is just a scam?

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Speaker 5: I think maybe this is people who, especially those who

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Speaker 5: work in Washington, know how this works. I mean, frankly,

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Speaker 5: these memoirs, they I don't think they actually end up

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Speaker 5: selling very well at all. I mean, most of them

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Speaker 5: are terrible. I mean, if you've ever even tried to

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Speaker 5: read some of these, they're mostly parentous.

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Speaker 6: So it's very different.

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Speaker 5: I mean a lot of times when a statesman in

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Speaker 5: the nineteenth century would write a book, it would be

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Speaker 5: a very big deal, be very very excellent. But nobody

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Speaker 5: actually thinks that they actually write these books. So it

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Speaker 5: really does seem like a scam to a fund, of course,

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Speaker 5: the president and his family to maybe pay some ghostwriters,

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Speaker 5: which obviously in the case of Biden. One couldn't possibly

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Speaker 5: imagine even him dictating a book to a potential writer.

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Speaker 5: So this is going to be written by ghostwriters. And

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Speaker 5: it does feel very much like a scam. It's part

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Speaker 5: of the kind of corruption in American politics. And then frankly,

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Speaker 5: in President Joe Biden, who's spent his entire career politics

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Speaker 5: really did nothing else, is very much a part of

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Speaker 5: that game that politicians have used for a very long time.

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Speaker 5: It's very much like the lobbying kind of scam that

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Speaker 5: goes on in Washington too. So for somebody who's been

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Speaker 5: in Washington for a long time, who spent a long

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Speaker 5: time around Washington, it doesn't surprise me. This seems like

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Speaker 5: sadly business as usual.

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Speaker 2: It really is.

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Speaker 1: Jared, we run out of time, but I want everyone

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Speaker 1: to go to the Daily Signal and look up Jared

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Speaker 1: Stepman s ste P m An. He's got a great

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Speaker 1: article about how San Diego State University is getting around

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Speaker 1: some affirmative action rules and DEI rules. Check that out

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Speaker 1: because that's another scam, kind of a money laundering thing,

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Speaker 1: it really actually is.

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Speaker 2: So check that out and Jared Stepman have a great week,

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Speaker 2: and thank you so much for joining me. Thank you too, Jake.

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Speaker 1: All right, coming up, I'm going to focus on something

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Speaker 1: you may not know about, the just passed legend of

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Speaker 1: American wrestling, Pulk Hogan and a fascinating discovery that would

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Speaker 1: make even Indiana Jones excited. Archaeology have found the graves

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Speaker 1: and bodies of humans who lived one hundred thousand years ago.

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Speaker 1: They are believed to be the oldest intact graves and

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Speaker 1: bodies ever discovered. I'll have more details on that story.

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Speaker 1: An American Sunrise Early Edition.

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Speaker 8: Returns fight for the right of every man.

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Speaker 2: Welcome back to American Sunrise Early Edition.

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Speaker 1: You're listening to the Hull Cogan theme song they used

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Speaker 1: to play when he came out head to the ring.

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Speaker 1: That's a live look at the White House where President

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Speaker 1: Trump we're expecting to lead right at the end of

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Speaker 1: this program about eight am, on his way to Scotland

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Speaker 1: and stick with the real America's voice.

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Speaker 2: The next show, the American Sunrise Show.

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Speaker 1: After that, we'll certainly cover that as he leaves, and

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Speaker 1: we'll give you all that information. Welcome back, and again

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Speaker 1: it's no time Friday, and thank you again for those

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Speaker 1: of you watching and commenting on Getter and Rumble, including

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Speaker 1: the folks on Getter who reminded me that Chuck Mangioni

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Speaker 1: also died this week, the great trumpet player. If you

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Speaker 1: were listening to the radio in nineteen eighty you could

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Speaker 1: not avoid that song and his trumpet playing still just

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Speaker 1: beautiful to listen to.

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Speaker 2: Sorry that he passed away as well.

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Speaker 1: We're still looking for some definitive answers about hul Cogan's death.

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Speaker 1: By the way, yesterday morning at age seventy one. Now,

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Speaker 1: he had reportedly been suffering from complications from a recent surgery.

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Speaker 1: We know that an ambulance was called to his home

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Speaker 1: in Clearwater, Florida. They tried to resuscitate him. He was

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Speaker 1: pronounced dead officially at the hospital not a long time

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Speaker 1: after that. But it's also a good time to remember

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Speaker 1: that this was someone who absolutely was the face of

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Speaker 1: and the personality behind the explosion of pro wrestling in America.

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Speaker 1: For those of you who are a little bit older

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Speaker 1: than I am, or maybe my age, remember that pro

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Speaker 1: wrestling used to be a local enterprise. He used to

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Speaker 1: be a different a group of matches that you to

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Speaker 1: go on all over the country in the nineteen seventies,

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Speaker 1: early nineteen seventies, every local television news station, almost ever,

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Speaker 1: everyone would have upstairs from their newsroom a little ring

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Speaker 1: and pro wrestling with maybe fifty people watching in the room.

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Speaker 1: And I know a lot of people who did television

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Speaker 1: news in the early seventies and they would hear the

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Speaker 1: booms and the crashes on top of them while they

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Speaker 1: were doing.

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Speaker 2: The morning or the evening news.

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Speaker 1: So hul Cogan was a big reason why this became

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Speaker 1: a national thing, an international obsession, and of course he

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Speaker 1: ended up becoming much more in the spotlight over it.

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Speaker 1: His cameo in Rocky three was a huge springboard for him,

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Speaker 1: but he.

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Speaker 2: Also got himself into trouble.

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Speaker 1: Sometimes made some racist comments that were leaked once and

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Speaker 1: he very much apologized for them. I want to make

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Speaker 1: sure everyone knows he very much apologized for them. And

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Speaker 1: of course he ended up suing Gawker for publishing a

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Speaker 1: sex tape that included him in and he won quite

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Speaker 1: a bit of money in that lawsuit, and it ended

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Speaker 1: up killing a big part of the gossip industry online.

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Speaker 1: Of course, it still exists, but they have to be

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Speaker 1: a lot more careful now because of hul Cogan.

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Speaker 2: Speaking of gossipy and salacious things.

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Speaker 1: Jeffrey Epstein's longtime girlfriend, Justlene Maxwell, spent six hours answering

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Speaker 1: Deputy Attorney General Todd Blanche's questions at a courthouse in

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Speaker 1: Tallahassee yesterday. Just Maxwell has been in prison since twenty

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Speaker 1: twenty two in Florida. Now at the same time, House

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Speaker 1: Oversight Committee Chairman James Comer has issued a subpoena for

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Speaker 1: Maxwell to give her to for her to give a

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Speaker 1: deposition at the prison for the House Committee, So she

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Speaker 1: won't leave prison for that that I guess would be

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Speaker 1: done by video. Remember, Maxwell was convicted of sex trafficking

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Speaker 1: and other charges and she was sent us to twenty

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Speaker 1: years in prison again in twenty twenty two. Don't know

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Speaker 1: how much we can trust what she says one way

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Speaker 1: or the other, but according to her lawyers, as of yesterday,

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Speaker 1: she had never really been interviewed to or asked for

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Speaker 1: a lot of information about Epstein before, which is really

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Speaker 1: really strange. I understand they didn't feel like they needed

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Speaker 1: that information to convict her, but why not get it

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Speaker 1: to at least find out the extent of the criminal enterprise.

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Speaker 1: So maybe they have it now. Six hours is a

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Speaker 1: long time. You can cover a lot of ground in

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Speaker 1: that amount of time. All Right, here's an interesting I

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Speaker 1: call this a g whiz story. A cave in central

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Speaker 1: Israel is the focal point of the entire archaeological and

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Speaker 1: maybe the historical world right now, as perhaps the oldest

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Speaker 1: burial site in the world has been found. It's a

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Speaker 1: a cave where the well preserved remains of early humans

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Speaker 1: dating back more than one hundred thousand years ago were

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Speaker 1: carefully arranged in pits in particular burial positions. They also

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Speaker 1: had some items on them that basically the archaeologists believe

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Speaker 1: had no value financially, so they believe these were probably

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Speaker 1: the first signs of organized religious symbols and icons. Now,

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Speaker 1: this has been an excavation that's been going on since

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Speaker 1: twenty sixteen, but this is absolutely in the last few days,

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Speaker 1: last few weeks, the biggest discoveries that they've made. It's

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Speaker 1: going to take a very long time for them continue

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Speaker 1: to excavate it. I understand from all the reading and

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Speaker 1: the videos that I've seen that there are actually literally

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Speaker 1: screaming bats all over that cave. So count me out

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Speaker 1: of that excavation. I don't want to go to that excavation.

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Speaker 1: I admired the courage of the people who are doing it.

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Speaker 1: But this is really fascinating that we have human beings

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Speaker 1: over one hundred thousand years old being found for the

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Speaker 1: first time, and all that we can learn from it.

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Speaker 2: Hopefully we'll learn something that will help us today.

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Speaker 7: All right.

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Speaker 1: Well, since President Trump was sworn in more than six

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Speaker 1: months ago now, his administration has made so many enormous

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Speaker 1: changes to our economy and our economic laws, and that

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Speaker 1: has really been putting us, mostly especially to look at

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Speaker 1: the stock markets and.

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Speaker 2: Our job market and the economy the GDP.

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Speaker 1: Most of it has been in the positive direction, but

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Speaker 1: that isn't anything that you can actually do for yourself

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Speaker 1: to change your personal finances. If you don't do anything yourself,

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Speaker 1: youve got to take advantage of all these things that

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Speaker 1: are changing.

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Speaker 2: You have to do that.

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Speaker 1: One of the best ways to do that is to

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Speaker 1: look after your savings through diversification, particularly with gold. From

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00:18:50,000 --> 00:18:51,840
Speaker 1: my trusted friends at the Birch Gold Group. In the

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00:18:51,880 --> 00:18:54,880
Speaker 1: past twelve months, the value of gold has increased by

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00:18:54,920 --> 00:18:58,520
Speaker 1: forty percent. Central banks continue to bolster demand for gold

401
00:18:58,800 --> 00:19:03,960
Speaker 1: by buying in recordities. Global instability intension is the highest

402
00:19:04,160 --> 00:19:08,600
Speaker 1: in decades. Birch Gold makes owning physical gold extremely easy

403
00:19:09,400 --> 00:19:12,200
Speaker 1: and easily convertible in an existing IRA and four to

404
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Speaker 1: one k into attack sheltered IRA in physical gold, or

405
00:19:16,000 --> 00:19:18,399
Speaker 1: you can even buy some to store in your home safe.

406
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Speaker 1: Just text America to the number ninety eight ninety eight

407
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Speaker 1: ninety eight and Birch Gold will send you a free

408
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Speaker 1: infoKit on gold. There's no obligation, only useful information with

409
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Speaker 1: an A plus rating with the Better Business Bureau and

410
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Speaker 1: tens of thousands of happy customers. Take control of your

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00:19:34,280 --> 00:19:37,480
Speaker 1: savings today. Text the word America to ninety eight ninety

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00:19:37,560 --> 00:19:42,000
Speaker 1: eight ninety eight three times. All right, The new Corvette

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00:19:42,119 --> 00:19:45,119
Speaker 1: z R one took on a Tesla plaid in a

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Speaker 1: drag race.

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Speaker 2: Guess who won. No, this is not a joke.

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Speaker 1: Place your bets and I'll have the real results when

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Speaker 1: American Sunrise Early Edition zooms right back.

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Speaker 7: Once again.

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Speaker 1: That's a live shot of the White House, where President

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Speaker 1: Trump is expected to be leaving at about eight a m.

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Speaker 1: Eastern time this morning on his way to Scotland. Stay

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00:20:29,840 --> 00:20:31,919
Speaker 1: tuned to Real America's Voice. We'll have that for you

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Speaker 1: when he comes out and is on his way. You know,

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00:20:34,920 --> 00:20:37,000
Speaker 1: never a dull moment. Sometimes he's got some really great

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Speaker 1: things to say. As he's on his way to Andrews

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Speaker 1: Air Force Joint Bass Andrews. They call it Welcome back

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Speaker 1: to American Sunrise Early Edition.

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Speaker 2: I'm Jake Noveck. It's a no tie Friday.

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Speaker 1: Looking at the markets right here, and also reading the

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Speaker 1: ghetter and the rumble chats. People reminded me also Connie

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Speaker 1: Francis passed away this week. Man, angel of death, give

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Speaker 1: us a break. Please look at the markets so you

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Speaker 1: can see very modest positive open still positive. Markets were

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Speaker 1: mixed yesterday, mostly higher, but the Dow was down a lot,

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00:21:05,359 --> 00:21:07,480
Speaker 1: but the Nasdaq and the S ANDB five hundred will

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00:21:07,480 --> 00:21:10,720
Speaker 1: open again at all time highs. You see gold still

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00:21:10,760 --> 00:21:14,840
Speaker 1: at the thirty three hundred dollars per barrel mark, oil

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Speaker 1: very tame at the sixty six dollar valve. And I

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00:21:16,920 --> 00:21:18,760
Speaker 1: want you to take a look at st sixty six

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Speaker 1: barrel gold. Why did I say gold a barrel gold

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Speaker 1: per ounce? All right, I'm the angel of Death has

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Speaker 1: got me all mixed up too. Now let's take a

443
00:21:24,960 --> 00:21:27,399
Speaker 1: look at bitcoin because of an interesting development there. I

444
00:21:27,440 --> 00:21:29,480
Speaker 1: want you all to look at We had been for

445
00:21:29,520 --> 00:21:31,600
Speaker 1: a couple of weeks in the one hundred and seventeen

446
00:21:31,640 --> 00:21:34,119
Speaker 1: thousand to one hundred and twenty one thousand window. We

447
00:21:34,240 --> 00:21:36,120
Speaker 1: broke below it this morning. As you can see, we're

448
00:21:36,119 --> 00:21:39,040
Speaker 1: at one hundred and sixteen. Not too far off, but

449
00:21:39,119 --> 00:21:41,359
Speaker 1: it's possible. There's some selling going on in bitcoin right

450
00:21:41,400 --> 00:21:43,760
Speaker 1: now as they break below that window, so keep a

451
00:21:43,800 --> 00:21:47,800
Speaker 1: close eye on that. No, this is not eighteen ninety,

452
00:21:47,880 --> 00:21:52,159
Speaker 1: my friends, but there's actually railroad news and railroad merger news.

453
00:21:52,640 --> 00:21:53,919
Speaker 2: That's big news. Again.

454
00:21:54,280 --> 00:21:56,159
Speaker 1: Again, this is also not an episode of the Gilded

455
00:21:56,200 --> 00:21:59,199
Speaker 1: Age on HBO. It's really true. Railroads are still a

456
00:21:59,240 --> 00:22:01,360
Speaker 1: major part of our economy. I know they're not sexy,

457
00:22:01,760 --> 00:22:03,560
Speaker 1: but they are still a big part of our economy.

458
00:22:04,240 --> 00:22:08,440
Speaker 1: Union Pacific is in talks with Norfolk Southern to merge

459
00:22:08,480 --> 00:22:10,840
Speaker 1: the two companies that would create a two hundred billion

460
00:22:10,920 --> 00:22:14,080
Speaker 1: dollar coast to coast rail freight company.

461
00:22:15,000 --> 00:22:16,800
Speaker 2: Now a lot of people are looking.

462
00:22:16,600 --> 00:22:19,240
Speaker 1: At this very closely because this could really trigger more

463
00:22:19,280 --> 00:22:24,040
Speaker 1: consolidation in the industry, which would possibly drive up prices,

464
00:22:24,080 --> 00:22:27,400
Speaker 1: possibly put jobs in jeopardy. I wonder if you all

465
00:22:27,440 --> 00:22:29,760
Speaker 1: remember this feels like years ago, but it was just.

466
00:22:29,760 --> 00:22:30,520
Speaker 2: Twenty twenty two.

467
00:22:30,520 --> 00:22:33,639
Speaker 1: You might remember when then President Joe Biden blocked the

468
00:22:33,760 --> 00:22:36,960
Speaker 1: railroad workers from going on strike. He basically forced them

469
00:22:37,280 --> 00:22:40,199
Speaker 1: off from going on the picket line. That got a

470
00:22:40,200 --> 00:22:42,879
Speaker 1: lot of union members really angry at Joe Biden. And

471
00:22:42,960 --> 00:22:45,800
Speaker 1: now they may have their jobs lost because of this

472
00:22:46,040 --> 00:22:48,760
Speaker 1: potential merger. So keep a good eye on this. Remember

473
00:22:48,840 --> 00:22:51,480
Speaker 1: it's a frail industry. Sometimes they have good news and

474
00:22:51,520 --> 00:22:55,200
Speaker 1: bad news that happens to them. All Right, these last

475
00:22:55,280 --> 00:22:58,160
Speaker 1: eight months, I think it's pretty obvious, have been really

476
00:22:58,200 --> 00:23:01,840
Speaker 1: bad for United Healthcare, the America health insurance giant. Remember

477
00:23:02,040 --> 00:23:05,080
Speaker 1: their CEO was murdered on the sidewalks of New York

478
00:23:05,119 --> 00:23:08,280
Speaker 1: back in December. Then their stocks started to go down

479
00:23:08,280 --> 00:23:10,359
Speaker 1: because people are really looking at the business model of

480
00:23:10,400 --> 00:23:13,399
Speaker 1: health insurance in this country and scratching their heads and

481
00:23:13,440 --> 00:23:15,919
Speaker 1: wondering how it's going to continue to make money. And

482
00:23:16,000 --> 00:23:19,679
Speaker 1: now United Healthcare is acknowledging what had been reported and

483
00:23:19,800 --> 00:23:23,200
Speaker 1: hinted at for months. It is indeed unh is indeed

484
00:23:23,240 --> 00:23:27,560
Speaker 1: the subject of a Justice Department Medicare fraud investigation.

485
00:23:28,400 --> 00:23:30,320
Speaker 2: Now it's all true. Now.

486
00:23:30,359 --> 00:23:35,240
Speaker 1: The crux of the accusations against UNHRS follows doctors reportedly

487
00:23:35,480 --> 00:23:39,600
Speaker 1: were pressured by United Healthcare to submit claims for certain

488
00:23:39,600 --> 00:23:43,520
Speaker 1: conditions and certain treatments that get bigger payments from Medicare

489
00:23:43,560 --> 00:23:46,200
Speaker 1: than others, even though they may not have been justified

490
00:23:46,280 --> 00:23:49,159
Speaker 1: or actually even carried out. A lot of people have

491
00:23:49,200 --> 00:23:51,960
Speaker 1: been alleging this about Medicare for a long time. If

492
00:23:51,960 --> 00:23:54,919
Speaker 1: this is true, and it's true on any wider scale,

493
00:23:55,440 --> 00:23:59,040
Speaker 1: United Healthcare and maybe the entire private health insurance industry

494
00:23:59,040 --> 00:24:00,480
Speaker 1: in this country is going to have to go through

495
00:24:00,480 --> 00:24:03,600
Speaker 1: some major, major reforms. It is not a sector that's

496
00:24:03,640 --> 00:24:05,680
Speaker 1: doing well for investors right now, to say the least.

497
00:24:06,240 --> 00:24:09,040
Speaker 1: All Right, and now for the toughest talk yet from

498
00:24:09,080 --> 00:24:13,320
Speaker 1: the Trump team on TikTok. Commerce Secretary Howard Lutnik now

499
00:24:13,400 --> 00:24:17,960
Speaker 1: says TikTok will go dark for America unless China agrees

500
00:24:18,000 --> 00:24:21,760
Speaker 1: to give us more control over the popular app. Now again,

501
00:24:22,000 --> 00:24:24,800
Speaker 1: last month, President Trump extended the deadline for the third

502
00:24:24,880 --> 00:24:28,200
Speaker 1: time since he took office in January. Now, Byte Dance,

503
00:24:28,240 --> 00:24:31,480
Speaker 1: which is the owner of TikTok, has until September seventeenth

504
00:24:32,040 --> 00:24:35,320
Speaker 1: to divest from Tikstok's US businesses. I thought that when

505
00:24:35,359 --> 00:24:38,560
Speaker 1: President Trump engineered that merger between Nipon Steel and US

506
00:24:38,600 --> 00:24:42,240
Speaker 1: Steel where Nipon Steele's continued to have an ownership stake,

507
00:24:42,640 --> 00:24:46,280
Speaker 1: but US based executives and US based leaders had complete

508
00:24:46,320 --> 00:24:50,040
Speaker 1: control of US Steel would be the apps the model

509
00:24:50,040 --> 00:24:52,560
Speaker 1: that they could follow with TikTok as well. I don't

510
00:24:52,560 --> 00:24:54,400
Speaker 1: know if that's what they're trying to do here as well.

511
00:24:54,440 --> 00:24:57,359
Speaker 1: I assume it is, but I was surprised that that

512
00:24:57,400 --> 00:25:00,920
Speaker 1: wasn't immediately announced after that Nepon Steel US merger was

513
00:25:00,960 --> 00:25:03,879
Speaker 1: approved by President Trump and his administration. But I'll tell

514
00:25:03,920 --> 00:25:05,320
Speaker 1: you this, if they don't get a deal like that

515
00:25:05,400 --> 00:25:08,000
Speaker 1: with TikTok, I'm beginning to believe that TikTok will indeed

516
00:25:08,000 --> 00:25:09,840
Speaker 1: go dark in the US, and for a lot of

517
00:25:09,840 --> 00:25:12,440
Speaker 1: people in this country, that will be a major shock

518
00:25:12,480 --> 00:25:13,040
Speaker 1: to the system.

519
00:25:13,040 --> 00:25:14,480
Speaker 2: It isn't just something that kids look at.

520
00:25:14,600 --> 00:25:17,560
Speaker 1: There are a lot of businesses that are based on TikTok,

521
00:25:17,720 --> 00:25:20,280
Speaker 1: and I know that they're praying that something, some deal

522
00:25:20,280 --> 00:25:21,879
Speaker 1: has worked out here. Otherwise I got to move on

523
00:25:21,920 --> 00:25:24,600
Speaker 1: to another platform, and that may not be so easy.

524
00:25:24,960 --> 00:25:39,679
Speaker 1: All right, ladies and gentlemen, start your engines. This is

525
00:25:39,720 --> 00:25:44,119
Speaker 1: Moving America Sponsored by Artillery tea company artillerytcode dot com

526
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530
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531
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532
00:26:02,560 --> 00:26:09,280
Speaker 1: rab for ten percent off your first order. Attention Porsche employees,

533
00:26:09,880 --> 00:26:12,960
Speaker 1: our business model no longer makes any sense. We hope

534
00:26:12,960 --> 00:26:14,560
Speaker 1: you don't have to fire. You have a nice day.

535
00:26:14,600 --> 00:26:18,280
Speaker 1: That's basically I'm paraphrasing, but that's basically what Porsche CEO

536
00:26:18,359 --> 00:26:22,480
Speaker 1: Oliver Bloom, who also told employees that additional cost counting

537
00:26:22,840 --> 00:26:26,560
Speaker 1: measures are planned for dwindling sales. That's basically what he

538
00:26:26,600 --> 00:26:30,520
Speaker 1: told employees yesterday in a company wide email. That's not

539
00:26:30,560 --> 00:26:32,800
Speaker 1: something I want to open in my inbox if I'm

540
00:26:32,800 --> 00:26:36,800
Speaker 1: working for a private company or anyone else. Now they

541
00:26:36,800 --> 00:26:41,160
Speaker 1: are basically at Porsche blaming mostly sales in China. Sales

542
00:26:41,160 --> 00:26:44,959
Speaker 1: in China have fallen off a cliff, and foreign companies

543
00:26:45,480 --> 00:26:48,000
Speaker 1: are often making huge bets on China because it's just

544
00:26:48,040 --> 00:26:50,960
Speaker 1: that huge population and it's a growing economy still and

545
00:26:51,000 --> 00:26:52,480
Speaker 1: people believe this is where your.

546
00:26:52,320 --> 00:26:53,399
Speaker 2: Money is going to be made.

547
00:26:53,520 --> 00:26:56,440
Speaker 1: Then they find out that the Chinese government really makes

548
00:26:56,480 --> 00:26:58,600
Speaker 1: it hard to continue to do business there after an

549
00:26:58,640 --> 00:27:02,320
Speaker 1: initial burst in the first couple of years. They're also,

550
00:27:02,400 --> 00:27:05,119
Speaker 1: of course blaming tariff stuff. But frankly, they made a

551
00:27:05,119 --> 00:27:07,960
Speaker 1: big bed on China. They're losing and they need to

552
00:27:07,960 --> 00:27:10,119
Speaker 1: figure out how to make this work. Although it's not

553
00:27:10,160 --> 00:27:12,479
Speaker 1: all bad news for Porsche. As I mentioned last week,

554
00:27:12,800 --> 00:27:15,400
Speaker 1: I was very wrong when Porscha went and started making

555
00:27:15,480 --> 00:27:16,800
Speaker 1: SUVs thirteen years ago.

556
00:27:17,040 --> 00:27:19,359
Speaker 2: That has been a very successful business for them. Maybe

557
00:27:19,400 --> 00:27:19,880
Speaker 2: they need to.

558
00:27:19,800 --> 00:27:21,680
Speaker 1: Look into that a little bit more and a little

559
00:27:21,680 --> 00:27:25,560
Speaker 1: bit less into blaming tariffs. Self driving car programs, by

560
00:27:25,600 --> 00:27:27,640
Speaker 1: the way, are moving forward everywhere all over the world,

561
00:27:27,680 --> 00:27:31,600
Speaker 1: not just the United States, especially with these robotaxi. Companies

562
00:27:31,600 --> 00:27:33,680
Speaker 1: that are coming out, like you know, Uber and also

563
00:27:33,720 --> 00:27:36,919
Speaker 1: Tesla are very heavily invested in these things, and so

564
00:27:37,040 --> 00:27:39,840
Speaker 1: that's good news for a company called mobile Eye. You

565
00:27:39,880 --> 00:27:41,800
Speaker 1: might be familiar with Mobile Eye. It is like the

566
00:27:41,840 --> 00:27:44,720
Speaker 1: safety tech leader when it comes to helping whether you're

567
00:27:44,760 --> 00:27:47,639
Speaker 1: driving the car yourself or self driving mobilize. The company

568
00:27:47,680 --> 00:27:51,040
Speaker 1: that's behind those lane departures alerts that you get, or

569
00:27:51,080 --> 00:27:53,000
Speaker 1: when someone's in your blind spot you get a little

570
00:27:53,000 --> 00:27:55,359
Speaker 1: bit of a beep. That's all Mobile eye technology. Some

571
00:27:55,359 --> 00:27:57,879
Speaker 1: people have copied it. I understand that, but Mobile is

572
00:27:57,920 --> 00:28:00,439
Speaker 1: really the innovator there. They're doing very well with that.

573
00:28:00,680 --> 00:28:02,760
Speaker 1: And again, you guys all know my position about self

574
00:28:02,800 --> 00:28:05,240
Speaker 1: driving cars. I know a lot of people really don't

575
00:28:05,320 --> 00:28:08,200
Speaker 1: like them. But please don't make your final decision about

576
00:28:08,200 --> 00:28:11,119
Speaker 1: self driving cars until you talk to someone who is

577
00:28:11,160 --> 00:28:14,240
Speaker 1: disabled and has been let down by our government and

578
00:28:14,320 --> 00:28:16,840
Speaker 1: their local states and cities. When they don't get those

579
00:28:16,840 --> 00:28:18,840
Speaker 1: buses and bands that are supposed to help them get around,

580
00:28:18,880 --> 00:28:21,800
Speaker 1: they are very unreliable. They never come. The self driving

581
00:28:21,800 --> 00:28:23,719
Speaker 1: car is a way to unshackle these people. By the way,

582
00:28:23,760 --> 00:28:26,280
Speaker 1: getting back to Mobile I, it may be a bargain

583
00:28:26,320 --> 00:28:29,840
Speaker 1: for you. Stockwise, it is way down from its fifty

584
00:28:29,880 --> 00:28:33,080
Speaker 1: two week high. Again, I don't make stock buying suggestions,

585
00:28:33,080 --> 00:28:34,200
Speaker 1: just letting you know you might want to take a

586
00:28:34,200 --> 00:28:37,359
Speaker 1: look at Mobile I. That stock ticker symbol is mbl Y.

587
00:28:37,840 --> 00:28:41,800
Speaker 1: All right, I want to get back to EV's electric vehicles.

588
00:28:42,080 --> 00:28:45,480
Speaker 1: More and more studies show that electric vehicles spend more

589
00:28:45,520 --> 00:28:49,400
Speaker 1: time in repair shops and incur costlier repair bills than

590
00:28:49,440 --> 00:28:50,360
Speaker 1: gas powered cars.

591
00:28:50,360 --> 00:28:52,800
Speaker 2: Those of you who own evs know this already.

592
00:28:52,840 --> 00:28:56,160
Speaker 1: JD Power and Associates did the study and it blames

593
00:28:56,200 --> 00:28:59,560
Speaker 1: all the added technology in evs. There's added technology that

594
00:28:59,600 --> 00:29:03,480
Speaker 1: breaks down more often, more bells and whistles, more breakage.

595
00:29:03,640 --> 00:29:05,520
Speaker 1: I used to always think about that all the time,

596
00:29:05,680 --> 00:29:07,680
Speaker 1: but it really takes a long time to get them

597
00:29:07,680 --> 00:29:08,640
Speaker 1: out of the shop these days.

598
00:29:08,680 --> 00:29:11,000
Speaker 2: And of course the repairs are much more expensive. So

599
00:29:11,000 --> 00:29:11,640
Speaker 2: if you think you're.

600
00:29:11,480 --> 00:29:12,960
Speaker 1: Saving a lot of money by not having a buy

601
00:29:13,040 --> 00:29:16,120
Speaker 1: gas and just charging your car, remember you need to

602
00:29:16,360 --> 00:29:18,240
Speaker 1: factor in the cost of repairs.

603
00:29:18,720 --> 00:29:20,080
Speaker 2: All right. So who did you guess?

604
00:29:20,160 --> 00:29:23,719
Speaker 1: One the drag race between the Tesla Model S plaid

605
00:29:24,240 --> 00:29:27,240
Speaker 1: and the Corvette ZR one. Well, the smarter motorheads among

606
00:29:27,280 --> 00:29:29,040
Speaker 1: you won't be surprised to.

607
00:29:29,040 --> 00:29:31,120
Speaker 2: Hear that the Tesla one.

608
00:29:32,040 --> 00:29:35,360
Speaker 1: And that's because EV's often can accelerate faster than gas

609
00:29:35,400 --> 00:29:38,520
Speaker 1: powered cars. After a little while, eventually a gas power

610
00:29:38,560 --> 00:29:41,200
Speaker 1: car can overtake them, but evs take less time to

611
00:29:41,320 --> 00:29:43,680
Speaker 1: hit that fast speed, so in a drag race, a

612
00:29:43,760 --> 00:29:46,600
Speaker 1: quarter mile drag race, they have an advantage. Now, and

613
00:29:46,600 --> 00:29:49,080
Speaker 1: the one that you're watching here, the plaid finished in

614
00:29:49,200 --> 00:29:52,360
Speaker 1: nine point two seconds compared to nine point eight seconds

615
00:29:52,360 --> 00:29:54,320
Speaker 1: for the Corvette. Now we just have to wait and

616
00:29:54,400 --> 00:29:58,240
Speaker 1: see what the all wheel drive hybrid ZR one X,

617
00:29:58,240 --> 00:30:01,000
Speaker 1: which is coming out soon, we'll do. Suggesting it can

618
00:30:01,040 --> 00:30:03,640
Speaker 1: do the quarter mile drag race in under nine seconds.

619
00:30:03,680 --> 00:30:05,640
Speaker 1: That'll be a thing to watch. I will keep my

620
00:30:05,720 --> 00:30:06,480
Speaker 1: eyes open for that.

621
00:30:06,800 --> 00:30:08,960
Speaker 2: Okay. Coming up in the Russia Gate.

622
00:30:08,880 --> 00:30:12,240
Speaker 1: Files release, we're learning more and more about President Obama,

623
00:30:12,800 --> 00:30:15,200
Speaker 1: James Clapper, John Brennan.

624
00:30:15,440 --> 00:30:18,680
Speaker 2: But what about Susan Rice. That's one name we haven't heard.

625
00:30:18,480 --> 00:30:21,040
Speaker 1: All that much, and there's one document connected to her

626
00:30:21,240 --> 00:30:24,160
Speaker 1: that may have told us about all of this all along.

627
00:30:25,280 --> 00:30:28,640
Speaker 1: And while Trump supporters are having fun laughing at Hunter Biden,

628
00:30:29,320 --> 00:30:32,600
Speaker 1: was there a more serious method to his recent podcast

629
00:30:32,720 --> 00:30:33,840
Speaker 1: interview Madness?

630
00:30:34,360 --> 00:30:37,400
Speaker 2: An alternative theory on what that's all about? Coming up next.

631
00:30:48,720 --> 00:30:51,800
Speaker 1: It's Friday, July twenty fifth. Here this morning's top stories.

632
00:30:52,280 --> 00:30:55,560
Speaker 1: Not knock, who's there? It's President Trump and his fifty

633
00:30:55,640 --> 00:30:59,160
Speaker 1: years of big time construction project experience. The President paid

634
00:30:59,160 --> 00:31:01,640
Speaker 1: a personal visit a lot with Senator Tim Scott to

635
00:31:01,720 --> 00:31:04,960
Speaker 1: the site of the big and expensive Federal Reserve renovation project.

636
00:31:05,240 --> 00:31:07,080
Speaker 1: Of course, he was there with Jay Powell the chairman

637
00:31:07,120 --> 00:31:10,240
Speaker 1: as well. It's not really about remodeling. Of course, President

638
00:31:10,280 --> 00:31:16,040
Speaker 1: Trump's wants interest rates down. Two top Senate Republicans are

639
00:31:16,040 --> 00:31:19,440
Speaker 1: calling for a special counsel to look into the unfolding

640
00:31:19,480 --> 00:31:23,040
Speaker 1: revelations about the Russia collusion hoax. Those two Senators, Lindsay

641
00:31:23,080 --> 00:31:26,320
Speaker 1: Graham and John Cornyn, not coincidentally, are both facing tough

642
00:31:26,360 --> 00:31:29,200
Speaker 1: primary challenges next year, so you can see just how

643
00:31:29,240 --> 00:31:31,640
Speaker 1: important they believe this case is.

644
00:31:31,560 --> 00:31:32,720
Speaker 2: To the Republican base.

645
00:31:34,840 --> 00:31:39,320
Speaker 1: The Justice Department interviews longtime Jeffrey Epstein girlfriend Jiseline Maxwell

646
00:31:39,840 --> 00:31:42,040
Speaker 1: for about six hours, but it seems like everyone from

647
00:31:42,080 --> 00:31:44,800
Speaker 1: House speaker Mike Johnson to plenty of folks on the

648
00:31:44,880 --> 00:31:47,760
Speaker 1: left are asking the same question, can we trust anything

649
00:31:47,800 --> 00:31:53,280
Speaker 1: she has to say? And wrestling star and cultural icon

650
00:31:53,400 --> 00:31:56,880
Speaker 1: Hulk Hogan has died. The Hulkster made pro wrestling a

651
00:31:57,040 --> 00:32:00,000
Speaker 1: national fad, but he also created a lot of controversy.

652
00:32:00,080 --> 00:32:04,480
Speaker 1: He was seventy one years old. American Sunrise Early Edition continues. Now,

653
00:32:10,240 --> 00:32:12,400
Speaker 1: welcome back to this note time Friday. Here an American

654
00:32:12,400 --> 00:32:14,520
Speaker 1: Sunrise Early Edition. The weekend is so close I can

655
00:32:14,560 --> 00:32:17,400
Speaker 1: almost touch it, but not quite. We've got some work

656
00:32:17,400 --> 00:32:19,560
Speaker 1: to do, and the work, of course is interesting joining

657
00:32:19,560 --> 00:32:22,640
Speaker 1: me now right now after a summer of learning Japanese,

658
00:32:23,000 --> 00:32:25,720
Speaker 1: and he is definitely the man I'm crediting with getting

659
00:32:25,720 --> 00:32:27,200
Speaker 1: that Japanese trade deal done.

660
00:32:27,400 --> 00:32:29,440
Speaker 2: Halfway kidding is doctor jameson Azzo.

661
00:32:29,520 --> 00:32:33,720
Speaker 1: He is also our official American Sunrise Early Edition political

662
00:32:33,800 --> 00:32:37,960
Speaker 1: and legal contributor. Jim, A lot of I can't go

663
00:32:38,000 --> 00:32:40,760
Speaker 1: through all the things that have happened since you went,

664
00:32:40,840 --> 00:32:43,520
Speaker 1: but we both agreed because we spoke yesterday that this

665
00:32:43,600 --> 00:32:47,719
Speaker 1: Russia collusion hoax unfolding, unraveling for people who had n't

666
00:32:47,760 --> 00:32:49,640
Speaker 1: paying attention. You and I kind of knew a lot

667
00:32:49,680 --> 00:32:51,400
Speaker 1: of these details for years, and I think most of

668
00:32:51,440 --> 00:32:53,480
Speaker 1: the viewers knew a lot of the details, but now

669
00:32:53,480 --> 00:32:55,000
Speaker 1: more of America's learning about it.

670
00:32:55,960 --> 00:32:57,880
Speaker 2: And you told me something that was interesting.

671
00:32:58,040 --> 00:33:00,000
Speaker 1: We've heard a lot about John Brannan the last few

672
00:33:00,040 --> 00:33:02,000
Speaker 1: day as a former director of the FBI. We've heard

673
00:33:02,000 --> 00:33:04,280
Speaker 1: about James Clapper. Of course, we've had a huge focus

674
00:33:04,280 --> 00:33:07,840
Speaker 1: on President Obama, but you'd think that something that Susan Rice,

675
00:33:07,840 --> 00:33:11,040
Speaker 1: who was his National security advisor, You think something that

676
00:33:11,080 --> 00:33:13,520
Speaker 1: she wrote towards the end of his presidency is something

677
00:33:13,520 --> 00:33:15,240
Speaker 1: we should also focus on, tell me a little bit

678
00:33:15,240 --> 00:33:15,840
Speaker 1: more about.

679
00:33:15,640 --> 00:33:25,800
Speaker 6: That, ohios, Jakeson, that's where this past summer and anyway, yes,

680
00:33:27,600 --> 00:33:30,000
Speaker 6: right at the very very end, and I mean the

681
00:33:30,080 --> 00:33:32,240
Speaker 6: very end. I'm talking the last hour and a half

682
00:33:33,160 --> 00:33:40,600
Speaker 6: of the Obama administration, so January twentieth, twenty sixteen. At

683
00:33:40,640 --> 00:33:42,880
Speaker 6: that point, having worked in the White House, I can

684
00:33:42,960 --> 00:33:47,000
Speaker 6: tell you that the Secret Service is scurrying everyone out.

685
00:33:47,440 --> 00:33:51,920
Speaker 6: Even though your power doesn't end until noon. They want

686
00:33:51,960 --> 00:33:55,080
Speaker 6: you out of that building. But at ten thirty, Susan

687
00:33:55,160 --> 00:33:58,400
Speaker 6: Rice in the West Wing is pounding away on her

688
00:33:58,480 --> 00:34:03,760
Speaker 6: computer's screen to write a memo to file, a memo

689
00:34:03,800 --> 00:34:05,719
Speaker 6: to file, because she's got an hour and a half

690
00:34:05,960 --> 00:34:08,959
Speaker 6: to basically say, you know that, meaning that we had

691
00:34:09,400 --> 00:34:12,480
Speaker 6: nothing happened, you know that, meaning that we had the

692
00:34:12,520 --> 00:34:16,680
Speaker 6: President said do things by the book. Now, no one

693
00:34:16,760 --> 00:34:19,839
Speaker 6: writes a memo to file like that unless you want

694
00:34:19,840 --> 00:34:22,400
Speaker 6: to do a little bit of cya for yourself and

695
00:34:22,440 --> 00:34:26,920
Speaker 6: your boss. I looked at that. I remember talking to you,

696
00:34:27,080 --> 00:34:30,160
Speaker 6: Jake at the time, and I said, it has to

697
00:34:30,200 --> 00:34:33,279
Speaker 6: do with Obama. Obama is the person who set this

698
00:34:33,360 --> 00:34:37,400
Speaker 6: in motion. Susan Rice writing that memo is to my

699
00:34:37,600 --> 00:34:41,840
Speaker 6: mind a smoking gun. You don't write a memo like

700
00:34:41,920 --> 00:34:45,040
Speaker 6: that unless there was some there was a little there there.

701
00:34:45,480 --> 00:34:49,040
Speaker 6: It's the opposite of Oakland. There is there there.

702
00:34:50,800 --> 00:34:51,600
Speaker 2: Yeah.

703
00:34:51,719 --> 00:34:53,719
Speaker 1: It reminds me a lot of one of the Watergate

704
00:34:53,760 --> 00:34:56,560
Speaker 1: tapes where President Nixon is talking about how he knows

705
00:34:56,560 --> 00:34:58,280
Speaker 1: how a way that he can get a million dollars

706
00:34:58,320 --> 00:35:01,040
Speaker 1: to pay off the Watergate burglars, and then he suddenly says,

707
00:35:01,320 --> 00:35:03,480
Speaker 1: but that would be wrong because of course President Nixon

708
00:35:03,560 --> 00:35:05,720
Speaker 1: knew that there was there was an you know, recording

709
00:35:05,719 --> 00:35:07,799
Speaker 1: device devices in the Oval.

710
00:35:07,480 --> 00:35:10,120
Speaker 2: Office and knew that would go. So it's the same thing.

711
00:35:10,320 --> 00:35:13,000
Speaker 6: You made me old enough to remember that. That became

712
00:35:13,160 --> 00:35:17,000
Speaker 6: sort of a joke meme with everyone for about a year. Yeah,

713
00:35:17,040 --> 00:35:18,960
Speaker 6: you'd say something and then you would go, like to

714
00:35:19,040 --> 00:35:22,560
Speaker 6: a plant or to a lamp ago, but that would

715
00:35:22,640 --> 00:35:23,120
Speaker 6: be wrong.

716
00:35:24,080 --> 00:35:25,920
Speaker 2: Yeah, it was a Kentucky Fried movie. By the way.

717
00:35:25,920 --> 00:35:27,560
Speaker 1: That was a joke in Kentucky Fried movie as well, which,

718
00:35:27,600 --> 00:35:29,759
Speaker 1: by the way, I highly recommend. All right, let's talk

719
00:35:29,800 --> 00:35:32,960
Speaker 1: about another big story of the last twelve hours eighteen hours.

720
00:35:33,040 --> 00:35:37,200
Speaker 1: President Trump's trip to the FED yesterday. It was definitely unique.

721
00:35:37,280 --> 00:35:39,200
Speaker 1: I mean, I wonder if the moral of the story

722
00:35:39,320 --> 00:35:42,239
Speaker 1: is this that if you are a public official, the

723
00:35:42,320 --> 00:35:44,319
Speaker 1: whole quote, I should be able to do my job

724
00:35:44,360 --> 00:35:46,640
Speaker 1: with any outside pressure. I wonder if that whole myth

725
00:35:47,120 --> 00:35:49,719
Speaker 1: has been broken. Look, of course we want the FED

726
00:35:49,760 --> 00:35:51,840
Speaker 1: to do it. It believes is right, the chairman believes

727
00:35:51,880 --> 00:35:53,520
Speaker 1: to be the best thing for America.

728
00:35:53,600 --> 00:35:55,839
Speaker 2: But the idea that bureaucrats.

729
00:35:55,280 --> 00:35:58,560
Speaker 1: In Washington, even though they're not directly elected, don't have

730
00:35:58,600 --> 00:36:01,240
Speaker 1: any accountability and seemed to be very very offended.

731
00:36:01,400 --> 00:36:03,520
Speaker 2: How dare you put pressure on me? I'm just so

732
00:36:03,600 --> 00:36:05,319
Speaker 2: tired of this. They're not the Dukes of Norfolk. This

733
00:36:05,360 --> 00:36:08,279
Speaker 2: is enough is enough already, and I can't meet people.

734
00:36:08,360 --> 00:36:10,200
Speaker 1: May not like the way President Trump does it, but

735
00:36:10,280 --> 00:36:12,920
Speaker 1: I would be happy if any president put these people

736
00:36:13,239 --> 00:36:15,279
Speaker 1: in a little bit more of a spotlight, no more

737
00:36:15,320 --> 00:36:18,160
Speaker 1: on accountability, especially for a job that affects so many people,

738
00:36:18,360 --> 00:36:19,080
Speaker 1: like FED chairman.

739
00:36:20,640 --> 00:36:25,760
Speaker 6: The whole notion behind sort of all of these bureaucrats

740
00:36:25,840 --> 00:36:29,759
Speaker 6: having independence is based on something that goes back all

741
00:36:29,800 --> 00:36:34,200
Speaker 6: the way to President Wilson, that there could be a

742
00:36:34,239 --> 00:36:41,240
Speaker 6: group of technocrats who would make great decisions without regard

743
00:36:41,560 --> 00:36:45,040
Speaker 6: to political pressure. Well, guess what one they are regarded?

744
00:36:45,120 --> 00:36:48,040
Speaker 6: They do have political pressure placed on them. Take a

745
00:36:48,080 --> 00:36:50,920
Speaker 6: look as to what Powell did prior to the election,

746
00:36:51,760 --> 00:36:55,200
Speaker 6: in which he lowered interest rates twice when there was

747
00:36:55,320 --> 00:36:59,200
Speaker 6: really no justification necessarily to do so, and how he

748
00:36:59,320 --> 00:37:02,760
Speaker 6: is holding off and even though the data is demonstrating

749
00:37:03,239 --> 00:37:06,799
Speaker 6: that tariffs are not inflationary, he said, yeah, but I

750
00:37:06,840 --> 00:37:08,640
Speaker 6: have to wait a little bit longer. Yeah, but I

751
00:37:08,680 --> 00:37:10,759
Speaker 6: have to wait a little bit longer. No, he's doing

752
00:37:10,800 --> 00:37:13,840
Speaker 6: it because he doesn't like TIFFs, he doesn't like Trump,

753
00:37:14,239 --> 00:37:17,080
Speaker 6: and he's not going to lower interest rates. There was

754
00:37:17,080 --> 00:37:20,800
Speaker 6: a comparison chart. I took a look just yesterday preparing

755
00:37:20,840 --> 00:37:24,200
Speaker 6: for our show, and if you look at interest rates

756
00:37:24,239 --> 00:37:28,840
Speaker 6: in the United States versus Europe, versus Japan versus China,

757
00:37:29,880 --> 00:37:33,359
Speaker 6: all of our major trading partners, the UK, we are

758
00:37:33,400 --> 00:37:37,239
Speaker 6: by far the highest. Now explain that given the fact

759
00:37:37,280 --> 00:37:40,400
Speaker 6: that what we've seen in inflation numbers, it has to

760
00:37:40,440 --> 00:37:43,840
Speaker 6: do with Powell. If I was Trump, I think it

761
00:37:43,960 --> 00:37:46,360
Speaker 6: was a great photo op yesterday. But if I was Trump,

762
00:37:47,440 --> 00:37:50,200
Speaker 6: there is no limitation as to when you can name

763
00:37:50,280 --> 00:37:53,480
Speaker 6: the person who you're going to use as a successor

764
00:37:53,520 --> 00:37:57,200
Speaker 6: to Powell. I'd name him now. I let it be

765
00:37:57,320 --> 00:38:01,600
Speaker 6: well known he's going to be my my FED person,

766
00:38:02,000 --> 00:38:05,200
Speaker 6: and I will be nominating him. So you don't start

767
00:38:05,239 --> 00:38:07,520
Speaker 6: the clock, because you can't start the clock just yet.

768
00:38:07,960 --> 00:38:12,000
Speaker 6: But once that happens, people like you, people like a

769
00:38:12,040 --> 00:38:16,719
Speaker 6: show on another cable network that has four letters, will

770
00:38:16,760 --> 00:38:21,080
Speaker 6: be rushing to get this person on TV. In a sense,

771
00:38:21,120 --> 00:38:24,080
Speaker 6: you're going to have You're gonna make Powell immediately a

772
00:38:24,200 --> 00:38:26,960
Speaker 6: lame duck, and everyone's going to be looking. Let's just

773
00:38:27,000 --> 00:38:30,600
Speaker 6: say I'm just choosing a name, Kevin Hassard. Let's say

774
00:38:30,640 --> 00:38:33,759
Speaker 6: they choose Kevin Hassard, and Kevin Hazard is on and

775
00:38:33,800 --> 00:38:38,120
Speaker 6: saying I'd reduce interest rates by twenty five points a

776
00:38:38,200 --> 00:38:41,800
Speaker 6: point twenty five right, twenty five BIPs. At that point,

777
00:38:41,960 --> 00:38:45,000
Speaker 6: the market is going to be listening to Kevin Hassard.

778
00:38:45,719 --> 00:38:49,000
Speaker 6: The market will be responding to Kevin Hassard. They're not

779
00:38:49,160 --> 00:38:52,480
Speaker 6: going to be responding to Powell because Powell basically will

780
00:38:52,480 --> 00:38:55,440
Speaker 6: have been lame duck if I was Trump. I know

781
00:38:55,920 --> 00:38:58,919
Speaker 6: Bessett yesterday to the Secretary said that he was looking

782
00:38:58,960 --> 00:39:03,040
Speaker 6: at December for an naming the replacement. I'd move that

783
00:39:04,040 --> 00:39:07,520
Speaker 6: they've got a shortlist, I'd move that date up. I'd

784
00:39:07,560 --> 00:39:11,560
Speaker 6: move it up to September. Wait, for the August craziness

785
00:39:11,560 --> 00:39:15,360
Speaker 6: to go away, and in September name him, and you

786
00:39:15,520 --> 00:39:18,359
Speaker 6: know that the news media will be all over this

787
00:39:18,520 --> 00:39:20,200
Speaker 6: presumptive chairman.

788
00:39:21,840 --> 00:39:25,200
Speaker 2: Yeah. I again, it's it's it's it's the thing.

789
00:39:25,239 --> 00:39:28,040
Speaker 1: I've been hitting so much on this program, particularly with

790
00:39:28,120 --> 00:39:30,400
Speaker 1: mortgage rates, but I don't talk enough about the interest

791
00:39:30,480 --> 00:39:32,920
Speaker 1: rates and the impact of businesses and they're borrowing. But

792
00:39:33,080 --> 00:39:36,480
Speaker 1: unless we get our home buying situation improved in this country,

793
00:39:36,760 --> 00:39:38,839
Speaker 1: we won't be able to have the strong that kind

794
00:39:38,880 --> 00:39:40,560
Speaker 1: of strong community you don't really want.

795
00:39:41,080 --> 00:39:43,880
Speaker 6: If I can segue for just a second, ye, something

796
00:39:43,920 --> 00:39:48,600
Speaker 6: that was said by the President this week. If if

797
00:39:48,600 --> 00:39:52,480
Speaker 6: it comes to pass, well, unleash the sort of the

798
00:39:53,400 --> 00:39:57,040
Speaker 6: all of this desire to sell people homes, which is

799
00:39:57,400 --> 00:39:59,560
Speaker 6: I mean, if you talk to real estate agents, the

800
00:39:59,640 --> 00:40:03,600
Speaker 6: issue isn't necessarily there aren't any buyers, There aren't any sellers.

801
00:40:03,920 --> 00:40:07,200
Speaker 6: No one can get properties listed. Well. The President this

802
00:40:07,280 --> 00:40:09,720
Speaker 6: week said one of the things that he's thinking about

803
00:40:09,760 --> 00:40:11,920
Speaker 6: putting in the next sort of set of bills that

804
00:40:11,920 --> 00:40:14,719
Speaker 6: he puts out is that if you're a senior citizen,

805
00:40:14,800 --> 00:40:18,160
Speaker 6: which there is a huge number of boomers who happen

806
00:40:18,200 --> 00:40:22,120
Speaker 6: to own homes and we're going to make it having

807
00:40:22,239 --> 00:40:26,760
Speaker 6: no capital gains whatsoever in the sale of your primary residence. Now,

808
00:40:27,080 --> 00:40:29,360
Speaker 6: if you're a senator, shift you've got a real problem

809
00:40:29,400 --> 00:40:34,160
Speaker 6: because you have multiple primary residences. But aside from senatorship,

810
00:40:35,239 --> 00:40:38,359
Speaker 6: for the rest of us, if you're an older if

811
00:40:38,400 --> 00:40:43,040
Speaker 6: you're an older person, this unleashes your desire to sell

812
00:40:43,080 --> 00:40:48,359
Speaker 6: your house. You don't have the capital gains. Frankly, I

813
00:40:48,400 --> 00:40:53,239
Speaker 6: don't know the cost numbers for that. I don't think

814
00:40:53,280 --> 00:40:57,440
Speaker 6: it's particularly huge, but it's one of the things that

815
00:40:57,760 --> 00:41:00,359
Speaker 6: the president can do, and if he does that, I

816
00:41:00,440 --> 00:41:04,440
Speaker 6: agree with you, it will unleash a transfer of wealth

817
00:41:04,760 --> 00:41:08,719
Speaker 6: and a transfer of assets from an older generation which

818
00:41:08,760 --> 00:41:12,759
Speaker 6: is over because over protective of all their assets to

819
00:41:12,960 --> 00:41:17,840
Speaker 6: younger generations. The housing stock would radically go up. So, yeah,

820
00:41:17,880 --> 00:41:21,160
Speaker 6: he can't control Powell just now, but there are other

821
00:41:21,239 --> 00:41:23,239
Speaker 6: things that he can do, and if he does them,

822
00:41:24,040 --> 00:41:25,120
Speaker 6: it'll be a huge win.

823
00:41:26,800 --> 00:41:27,439
Speaker 2: Yeah, I think.

824
00:41:27,920 --> 00:41:29,960
Speaker 1: I think one of the nicknames for President Trump, if

825
00:41:29,960 --> 00:41:32,120
Speaker 1: we had honest historians in this country, will be President

826
00:41:32,239 --> 00:41:32,640
Speaker 1: work Around.

827
00:41:32,680 --> 00:41:34,359
Speaker 2: He comes up with a lot of workarounds.

828
00:41:34,680 --> 00:41:37,680
Speaker 1: The biggest one, I think was his cutting in half

829
00:41:37,719 --> 00:41:40,480
Speaker 1: of the standard deduction for people who don't itemize their taxes.

830
00:41:40,600 --> 00:41:42,919
Speaker 1: In twenty seventeen, those tax breaks were saved by.

831
00:41:42,800 --> 00:41:43,680
Speaker 2: The big beautiful Bill.

832
00:41:43,880 --> 00:41:46,040
Speaker 1: But you make a lot of good points, Jim, Thank

833
00:41:46,080 --> 00:41:48,080
Speaker 1: you so much for joining us as doctor James Nezzo.

834
00:41:48,920 --> 00:41:50,720
Speaker 2: Glad you're back with us. Have a great weekend.

835
00:41:50,840 --> 00:41:52,920
Speaker 1: And thanks for bringing up that great point about that

836
00:41:53,040 --> 00:41:57,800
Speaker 1: protect potential workaround for our mortgage and housing problem right now, Jim, thank.

837
00:41:57,640 --> 00:42:02,640
Speaker 2: You so much. Russia Monday, he learned Japanese folks. Let's

838
00:42:02,680 --> 00:42:03,799
Speaker 2: give him a quiz next time.

839
00:42:03,920 --> 00:42:07,239
Speaker 1: All right, coming up, a brand new and unexpected executive

840
00:42:07,320 --> 00:42:09,479
Speaker 1: order from President Trump. I haven't talked about yet this hour,

841
00:42:09,840 --> 00:42:12,200
Speaker 1: and it takes aim at one of America's most enduring

842
00:42:12,600 --> 00:42:16,280
Speaker 1: and most misunderstood problems of the last forty years.

843
00:42:16,280 --> 00:42:18,680
Speaker 2: Can you guess what it is? David Brody and I will.

844
00:42:18,520 --> 00:42:22,000
Speaker 1: Discuss an American Sunrise Early Edition comes right back.

845
00:42:43,200 --> 00:42:43,799
Speaker 2: Welcome back to.

846
00:42:43,800 --> 00:42:46,680
Speaker 1: American Sunrise Early Edition. Where As I like to call

847
00:42:46,719 --> 00:42:50,440
Speaker 1: it the Abnormal Show inside joke. Hey, this is the

848
00:42:50,520 --> 00:42:52,400
Speaker 1: shot that we call the statue of liberty.

849
00:42:52,440 --> 00:42:52,840
Speaker 2: Selfie.

850
00:42:53,600 --> 00:42:57,560
Speaker 1: Everyone's taking selfies nowadays. Why not a one and forty

851
00:42:57,680 --> 00:43:01,000
Speaker 1: year old friend, the statulated liberty. It's a great shot.

852
00:43:01,080 --> 00:43:03,880
Speaker 1: By the way, thank you control room for dialing that

853
00:43:03,960 --> 00:43:05,440
Speaker 1: up every once in a while. Though I understand the

854
00:43:05,520 --> 00:43:08,280
Speaker 1: viewers on Getter and Rumble are asking for more small

855
00:43:08,320 --> 00:43:10,960
Speaker 1: town shots, which we have done on a number of

856
00:43:10,960 --> 00:43:12,880
Speaker 1: occasions here on this program, and we'll do more of

857
00:43:12,880 --> 00:43:14,240
Speaker 1: them in the coming weeks.

858
00:43:14,560 --> 00:43:17,040
Speaker 2: Not always available, there's the control room. Blame those guys.

859
00:43:17,080 --> 00:43:19,239
Speaker 1: No, no, they do a great job, and they are

860
00:43:19,239 --> 00:43:21,760
Speaker 1: a good example of how gen Z is not hopeless.

861
00:43:21,800 --> 00:43:22,120
Speaker 7: Folks.

862
00:43:22,440 --> 00:43:24,839
Speaker 2: Not only do they work, but they wake up early

863
00:43:24,880 --> 00:43:27,200
Speaker 2: in the morning to work. I most young people don't

864
00:43:27,239 --> 00:43:27,600
Speaker 2: ever do that.

865
00:43:27,640 --> 00:43:30,080
Speaker 1: All right, David Brody joins us right now, and in

866
00:43:30,120 --> 00:43:33,120
Speaker 1: all seriousness, this was not an executive order I was

867
00:43:33,160 --> 00:43:37,200
Speaker 1: expecting from President Trump late yesterday, but basically signing an

868
00:43:37,239 --> 00:43:41,360
Speaker 1: executive order giving local municipalities and states the right to

869
00:43:41,440 --> 00:43:46,600
Speaker 1: clear homeless people off of the streets. Now, look, the

870
00:43:46,640 --> 00:43:49,279
Speaker 1: homeless situation is there are so many problems with it,

871
00:43:49,360 --> 00:43:50,279
Speaker 1: starting with the name.

872
00:43:50,840 --> 00:43:52,360
Speaker 2: It's not really about homelessness.

873
00:43:52,400 --> 00:43:54,319
Speaker 1: You say the word homeless and it sounds like, oh,

874
00:43:54,320 --> 00:43:56,560
Speaker 1: there's just no place for this person to live. The

875
00:43:56,600 --> 00:43:59,800
Speaker 1: homeless situation of this country should be called the mental.

876
00:43:59,600 --> 00:44:02,759
Speaker 2: Illness and drug Addiction Program. Almost every person who is

877
00:44:02,800 --> 00:44:05,880
Speaker 2: quote unquote living homeless, living on the street in America

878
00:44:06,239 --> 00:44:09,680
Speaker 2: is dealing with either severe mental illness or drug addiction.

879
00:44:09,719 --> 00:44:12,640
Speaker 2: And they're usually this both, and they're usually going on

880
00:44:12,760 --> 00:44:14,480
Speaker 2: and one often causes the other.

881
00:44:14,760 --> 00:44:17,640
Speaker 1: That's what's going on in America. It's a difficult problem

882
00:44:17,680 --> 00:44:22,600
Speaker 1: to solve because hospitalization is expensive. And it's also difficult, David,

883
00:44:23,040 --> 00:44:26,799
Speaker 1: because legal advocates, which is also a misnomer, have been

884
00:44:26,840 --> 00:44:30,120
Speaker 1: blocking people and blocking cities from trying to get these

885
00:44:30,120 --> 00:44:31,640
Speaker 1: people off the streets for years.

886
00:44:31,960 --> 00:44:34,279
Speaker 2: But as I talk it to you just for a second,

887
00:44:34,320 --> 00:44:35,600
Speaker 2: there is a ray of hope.

888
00:44:35,719 --> 00:44:38,839
Speaker 1: There were cities that got this problem very much under

889
00:44:38,880 --> 00:44:42,400
Speaker 1: control in the mid to late nineties. Rudy Giuliani and

890
00:44:42,440 --> 00:44:45,440
Speaker 1: New York City did a lot to make this problem better.

891
00:44:46,160 --> 00:44:48,960
Speaker 1: And this really needs to If you don't tell these

892
00:44:49,000 --> 00:44:51,000
Speaker 1: people that it's going to be okay for you to

893
00:44:51,040 --> 00:44:53,200
Speaker 1: live outside like they do in San Francisco, in La

894
00:44:53,239 --> 00:44:55,640
Speaker 1: where they literally welcome these people to use drugs in

895
00:44:55,719 --> 00:44:58,320
Speaker 1: open air areas, if you just say that that door

896
00:44:58,400 --> 00:45:01,560
Speaker 1: is closed, you start the process towards making things better,

897
00:45:01,600 --> 00:45:03,200
Speaker 1: so it doesn't have to be all about rounding up.

898
00:45:03,360 --> 00:45:06,040
Speaker 1: It could just be about discouraging people from coming in

899
00:45:06,080 --> 00:45:08,240
Speaker 1: the first place. Right now, the welcome mat is out

900
00:45:08,600 --> 00:45:10,879
Speaker 1: for drug addicts and very mentally ill people to live

901
00:45:10,920 --> 00:45:11,600
Speaker 1: on our streets.

902
00:45:11,760 --> 00:45:13,840
Speaker 2: That's unconscionable in every way whatsoever.

903
00:45:14,600 --> 00:45:16,680
Speaker 4: Oh, there's no doubt about that, Jake. And look, you

904
00:45:16,719 --> 00:45:19,880
Speaker 4: can make the argument easily that this is a compassionate move.

905
00:45:20,000 --> 00:45:22,560
Speaker 4: I mean, if you think about what the Trump administration

906
00:45:22,680 --> 00:45:24,839
Speaker 4: is doing here, if you look inside the executive Order,

907
00:45:24,880 --> 00:45:29,520
Speaker 4: it talks about sobriety treatments, those type of things being

908
00:45:29,560 --> 00:45:33,799
Speaker 4: prioritized for the states too, basically that that federal money

909
00:45:33,840 --> 00:45:36,759
Speaker 4: will be helped in that area rather than just throwing them,

910
00:45:37,040 --> 00:45:38,920
Speaker 4: you know, and giving them shelter for the night or

911
00:45:38,920 --> 00:45:42,080
Speaker 4: for the week or for the month and not having

912
00:45:42,160 --> 00:45:44,880
Speaker 4: anything to do with sobriety and treatment. So it is

913
00:45:44,920 --> 00:45:49,640
Speaker 4: a compassionate move looked at that way. You mentioned Rudy Giuliani.

914
00:45:49,680 --> 00:45:52,160
Speaker 4: It's funny, you know, you and I just channel each other, Jake,

915
00:45:52,200 --> 00:45:54,319
Speaker 4: we just channel each other. You know, you have me

916
00:45:54,360 --> 00:45:57,440
Speaker 4: at hello. Wait, no, hold on, that sounds creepy. But

917
00:45:57,480 --> 00:46:01,279
Speaker 4: the point is is that I was researching Giuliani today.

918
00:46:01,320 --> 00:46:02,800
Speaker 4: I was curious about what he did in the nineties.

919
00:46:02,840 --> 00:46:04,680
Speaker 4: Of course, we you know, we lived through that, we

920
00:46:04,760 --> 00:46:06,719
Speaker 4: know that, we know it was great what he did.

921
00:46:07,400 --> 00:46:09,359
Speaker 4: And this was a quote from Juliani, and I love

922
00:46:09,400 --> 00:46:10,880
Speaker 4: this quote and I just wanted to read it too.

923
00:46:11,200 --> 00:46:13,799
Speaker 4: This is from Giuliani quote in the nineties. Streets do

924
00:46:13,880 --> 00:46:17,320
Speaker 4: not exist in civilized societies for the purpose of people

925
00:46:17,360 --> 00:46:20,040
Speaker 4: sleeping there. Bedrooms are for sleeping. And then he went

926
00:46:20,080 --> 00:46:22,640
Speaker 4: on to add that the right to sleep on the

927
00:46:22,640 --> 00:46:25,920
Speaker 4: streets doesn't exist anywhere. The founding fathers never put that

928
00:46:26,000 --> 00:46:30,120
Speaker 4: in the constitution. And let me think, oh, yeah, he's right.

929
00:46:30,880 --> 00:46:32,680
Speaker 4: So anyhow, it's not to say that we don't have

930
00:46:32,680 --> 00:46:35,200
Speaker 4: compassion for these people. But let's target the money in

931
00:46:35,239 --> 00:46:36,600
Speaker 4: the right way if we're going to spend the money

932
00:46:36,640 --> 00:46:37,200
Speaker 4: to begin with.

933
00:46:38,280 --> 00:46:39,319
Speaker 2: Yeah, and let's make it clear.

934
00:46:39,360 --> 00:46:41,440
Speaker 1: When cities like San Francisco in La tell you that

935
00:46:41,520 --> 00:46:44,440
Speaker 1: you can come and use drugs on their streets, the

936
00:46:44,520 --> 00:46:47,239
Speaker 1: drug prices become lower in those areas. People get the

937
00:46:47,320 --> 00:46:50,400
Speaker 1: drugs and they die. They're always dying on those streets.

938
00:46:50,440 --> 00:46:52,160
Speaker 1: This is not compassion, all right.

939
00:46:52,160 --> 00:46:55,279
Speaker 2: That's American Sunrise Early edition for this week. The Real Show.

940
00:46:55,280 --> 00:46:56,840
Speaker 2: The Big Show's coming up next i'll see you in

941
00:46:56,880 --> 00:46:57,560
Speaker 2: the nine am hour.