1 00:00:00,080 --> 00:00:03,519 Speaker 1: Third hour, Clay and Buck kicks off right now. Thanks 2 00:00:03,520 --> 00:00:07,040 Speaker 1: for being here with us, everybody, and I got some 3 00:00:07,120 --> 00:00:10,239 Speaker 1: breaking news for you. This was a question that was 4 00:00:10,320 --> 00:00:12,600 Speaker 1: just asked before. I think it was actually well as 5 00:00:12,640 --> 00:00:18,119 Speaker 1: a talkback question from one of our esteemed listeners. What 6 00:00:18,280 --> 00:00:25,239 Speaker 1: about the family of the Boulder terror terrorists. Where's their 7 00:00:25,280 --> 00:00:28,960 Speaker 1: immigration status or what's going on with them? And ICE 8 00:00:29,040 --> 00:00:32,000 Speaker 1: agents have arrested the wife and taken into custody of 9 00:00:32,000 --> 00:00:35,479 Speaker 1: the children. I don't know their ages of the Boulder 10 00:00:35,560 --> 00:00:38,720 Speaker 1: terrorists as well. I would assume that we'll find out 11 00:00:38,760 --> 00:00:41,640 Speaker 1: more here on. Are they also in the country illegally? 12 00:00:41,800 --> 00:00:44,200 Speaker 1: This would be so interesting, wouldn't it. You'd have somebody 13 00:00:44,240 --> 00:00:48,320 Speaker 1: who comes here overstays his visa, maybe the family overstayed 14 00:00:48,440 --> 00:00:50,879 Speaker 1: the visa as well, the same game, and then and 15 00:00:50,920 --> 00:00:54,200 Speaker 1: then he applies for asylum, and then if he gets asylum, 16 00:00:54,800 --> 00:00:58,520 Speaker 1: he manages to keep the rest of his family here 17 00:00:58,640 --> 00:01:02,520 Speaker 1: as well. Perhaps he has a child while he's waiting 18 00:01:02,600 --> 00:01:06,160 Speaker 1: for his waiting for his asylum case to be heard. 19 00:01:06,160 --> 00:01:10,000 Speaker 1: So think about this. Even if your asylum case as 20 00:01:10,040 --> 00:01:13,240 Speaker 1: something like eighty or ninety percent of the ones that 21 00:01:13,319 --> 00:01:15,920 Speaker 1: have been heard are dismissed and then there's a then 22 00:01:15,959 --> 00:01:19,640 Speaker 1: there's a detainer order put out or rather, then there's 23 00:01:19,680 --> 00:01:24,400 Speaker 1: a a what do you call it, an expulsion hearing, 24 00:01:25,360 --> 00:01:29,720 Speaker 1: A deportation sorry, deportation hearing, not a detainer, a deportation hearing. 25 00:01:30,080 --> 00:01:33,240 Speaker 1: That's separate from this. So they have all these chances 26 00:01:33,240 --> 00:01:35,120 Speaker 1: to stay in the country. But if you're in the 27 00:01:35,120 --> 00:01:37,800 Speaker 1: country for a few years and if your wife meets 28 00:01:37,840 --> 00:01:40,959 Speaker 1: you here, or you know, you just meet some lady, 29 00:01:41,440 --> 00:01:43,840 Speaker 1: I mean, you know this, this is these things happen, right, 30 00:01:44,400 --> 00:01:47,280 Speaker 1: you have a kid here. Well, now you're separating families. 31 00:01:47,319 --> 00:01:49,480 Speaker 1: Now now you can't be sent home, right because now 32 00:01:49,480 --> 00:01:53,920 Speaker 1: you're sent you're breaking up a family. The whole system 33 00:01:54,680 --> 00:01:59,320 Speaker 1: was not set up to deal with the systematic h 34 00:02:00,600 --> 00:02:04,880 Speaker 1: violation that we saw under Biden, and honestly before that 35 00:02:05,120 --> 00:02:08,600 Speaker 1: it occurred as well. Trump was cleaning it up. Trump 36 00:02:08,639 --> 00:02:12,800 Speaker 1: inherited a terrible border from Obama, and then there was 37 00:02:12,880 --> 00:02:17,560 Speaker 1: this exploitation of the asylum loophole, and then Trump tries 38 00:02:17,600 --> 00:02:20,440 Speaker 1: to clean that up and starts locking that down. Then 39 00:02:20,440 --> 00:02:23,720 Speaker 1: we hit COVID and then COVID crew does create actually 40 00:02:23,720 --> 00:02:26,160 Speaker 1: a lockdown on the border for a while, and then 41 00:02:26,360 --> 00:02:30,080 Speaker 1: Biden just kicks the whole thing wide open, and we 42 00:02:30,120 --> 00:02:34,400 Speaker 1: are still very much dealing with the consequences of that 43 00:02:34,880 --> 00:02:39,080 Speaker 1: to this day. So that's something that we are going 44 00:02:39,160 --> 00:02:41,799 Speaker 1: to continue to talk about here. But also just the 45 00:02:42,080 --> 00:02:45,640 Speaker 1: ICE agents arresting that Boulder terror suspect. That's breaking news 46 00:02:45,720 --> 00:02:48,400 Speaker 1: right now as I talk to you. They've taken that 47 00:02:48,480 --> 00:02:54,160 Speaker 1: family into custody, and we'll see. I'd be curious to 48 00:02:54,200 --> 00:02:55,919 Speaker 1: know more details that really the wife didn't know the 49 00:02:55,919 --> 00:03:01,239 Speaker 1: guy was building a homemade flamethrower. No idea maybe, but 50 00:03:02,320 --> 00:03:09,200 Speaker 1: no idea. Hmm. Now something else. We've got those Caroline 51 00:03:09,280 --> 00:03:13,360 Speaker 1: Levitt White House Press briefing soundbites for you. We'll get 52 00:03:13,400 --> 00:03:16,160 Speaker 1: to that here in just in just a moment. But 53 00:03:16,280 --> 00:03:20,760 Speaker 1: something that has come up on the radar two and 54 00:03:20,840 --> 00:03:25,280 Speaker 1: that is this is from Elon. I'm just gonna say, 55 00:03:25,280 --> 00:03:27,600 Speaker 1: I'm making sure it's two hundred and twenty million subscribers, 56 00:03:27,639 --> 00:03:30,760 Speaker 1: a lot of fake Elon accounts out there. Elon is 57 00:03:30,800 --> 00:03:33,720 Speaker 1: saying this about the big beautiful bill. I am quoting 58 00:03:33,760 --> 00:03:38,560 Speaker 1: to you now from the founder of doge himself and 59 00:03:38,600 --> 00:03:42,000 Speaker 1: the owner of the x platform, which is where I 60 00:03:42,080 --> 00:03:45,720 Speaker 1: am right reading this from. I'm sorry, but I just 61 00:03:45,800 --> 00:03:52,040 Speaker 1: can't stand it anymore. This massive, outrageous, pork filled congressional 62 00:03:52,080 --> 00:03:57,720 Speaker 1: spending bill is a disgusting abomination. Shame on those who 63 00:03:57,840 --> 00:04:05,000 Speaker 1: voted for it. You know you did wrong, you know it. Yikes. 64 00:04:05,880 --> 00:04:12,600 Speaker 1: Elon continues it will massively increase the already gigantic budget 65 00:04:12,600 --> 00:04:17,560 Speaker 1: deficit to two point five trillion and burden American citizens 66 00:04:17,920 --> 00:04:23,120 Speaker 1: with crushingly unsustainable debt. That's from Elon Musk everybody. That's 67 00:04:23,160 --> 00:04:26,400 Speaker 1: the dog guy. So I think we know where he 68 00:04:26,560 --> 00:04:29,760 Speaker 1: stands on the big beautiful bill. And I think we 69 00:04:29,839 --> 00:04:34,640 Speaker 1: also know that all along there was a there was 70 00:04:34,680 --> 00:04:38,360 Speaker 1: a time limit, yes, by custom and law. I think 71 00:04:38,360 --> 00:04:40,479 Speaker 1: for a temporary government employee, there was a time limit 72 00:04:40,560 --> 00:04:44,599 Speaker 1: on what could be what could be accomplished, what could 73 00:04:44,600 --> 00:04:48,279 Speaker 1: be done here by Elon. But also I had worried 74 00:04:48,320 --> 00:04:52,080 Speaker 1: all along that somebody who has operated in a private sector, 75 00:04:52,200 --> 00:04:55,479 Speaker 1: where you have the ability to do the things you 76 00:04:55,560 --> 00:05:00,760 Speaker 1: want to do, would quickly become incredibly frustrated by a 77 00:05:00,880 --> 00:05:06,359 Speaker 1: government sector where there is it is deeply entrenched that 78 00:05:06,400 --> 00:05:12,000 Speaker 1: there is no accountability and that the system is perpetuated. 79 00:05:12,520 --> 00:05:16,200 Speaker 1: That is the whole thing, the giant self licking ice 80 00:05:16,240 --> 00:05:18,760 Speaker 1: cream cone in DC, That is the whole thing. It 81 00:05:19,000 --> 00:05:22,520 Speaker 1: just keeps doing what it does. It doesn't need anything else, 82 00:05:22,600 --> 00:05:27,159 Speaker 1: It just keeps pushing along. So Elon making it very 83 00:05:27,200 --> 00:05:31,360 Speaker 1: clear that he thinks that this bill is not at 84 00:05:31,360 --> 00:05:34,280 Speaker 1: all what it should be, that it does not take 85 00:05:34,320 --> 00:05:37,840 Speaker 1: into account. And look, he doesn't care. Right, he's no 86 00:05:37,880 --> 00:05:40,360 Speaker 1: longer he's no longer running doughs. He's back to his companies. 87 00:05:40,960 --> 00:05:43,080 Speaker 1: He told us what was going on. He told us 88 00:05:43,120 --> 00:05:48,839 Speaker 1: about the spending problems. And this is the spending problems 89 00:05:48,839 --> 00:05:52,920 Speaker 1: are not getting better. We're still spending too much money. Everybody, 90 00:05:52,920 --> 00:05:56,119 Speaker 1: I did, you know, I sit here and does anyone 91 00:05:56,240 --> 00:05:58,640 Speaker 1: to hear it? Does anyone care we're going to do 92 00:05:58,680 --> 00:06:01,800 Speaker 1: anything about this? And the truth is we're spending too 93 00:06:01,880 --> 00:06:04,240 Speaker 1: much money, and we're spending too much money because we 94 00:06:04,279 --> 00:06:06,560 Speaker 1: can't afford to pay for everybody's health care for the 95 00:06:06,640 --> 00:06:10,560 Speaker 1: last thirty years of their life more or less, even 96 00:06:10,600 --> 00:06:13,200 Speaker 1: though I know we're told we pay into it. But 97 00:06:14,760 --> 00:06:17,680 Speaker 1: if you won't touch entitlements, we're spending ourselves into oblivion. 98 00:06:17,720 --> 00:06:20,240 Speaker 1: That's just the truth, that's just the math. And that's 99 00:06:20,240 --> 00:06:24,320 Speaker 1: why it's unpopular. If we could fix the debt by 100 00:06:24,360 --> 00:06:28,160 Speaker 1: cutting back on windmills, spending or something a green New 101 00:06:28,200 --> 00:06:30,040 Speaker 1: deal scam. If we could fix the debt, not help 102 00:06:30,080 --> 00:06:31,839 Speaker 1: it a tiny, tiny, tiny bit, we could fix it. 103 00:06:31,880 --> 00:06:36,120 Speaker 1: Of course we would do that. The reason our Congress 104 00:06:36,279 --> 00:06:42,600 Speaker 1: does not address the problem of our increasingly unsustainable, mathematically 105 00:06:42,680 --> 00:06:46,599 Speaker 1: unsustainable debt is that we don't want it to. So 106 00:06:46,680 --> 00:06:49,720 Speaker 1: I don't know how energized or exercise I can get 107 00:06:49,720 --> 00:06:52,000 Speaker 1: about this because I can tell you what the numbers are. 108 00:06:52,839 --> 00:06:54,680 Speaker 1: You know, if I sat down, if we were doing 109 00:06:54,680 --> 00:06:57,520 Speaker 1: a household budget, and I sat down with you, and 110 00:06:57,560 --> 00:07:03,560 Speaker 1: I said, look, here's the problem. Where we have one 111 00:07:03,560 --> 00:07:08,120 Speaker 1: thousand dollars a month that we can spend on food, 112 00:07:08,720 --> 00:07:11,480 Speaker 1: and we're spending two thousand dollars a month on food. 113 00:07:12,560 --> 00:07:15,840 Speaker 1: And all we have to do is we have to 114 00:07:15,880 --> 00:07:19,840 Speaker 1: get rid of you know, sorry, we can't eat red 115 00:07:19,880 --> 00:07:23,040 Speaker 1: meat anymore. We cut back on the red meat, you know, 116 00:07:23,040 --> 00:07:25,240 Speaker 1: we can actually hit our budget. And you say, well, no, 117 00:07:25,320 --> 00:07:27,680 Speaker 1: we can't do that. I need my red meat. You go, okay, 118 00:07:28,680 --> 00:07:32,040 Speaker 1: but then we're spending too much money. So just understand 119 00:07:32,040 --> 00:07:34,360 Speaker 1: that there's a push pull here. There's no if we 120 00:07:34,360 --> 00:07:37,480 Speaker 1: don't reform entitlements, we don't change this. And that's just it. 121 00:07:37,840 --> 00:07:39,640 Speaker 1: And I don't want to argue with anybody about it. 122 00:07:39,640 --> 00:07:42,240 Speaker 1: That's just reality, that's math. And I know that people 123 00:07:42,480 --> 00:07:44,360 Speaker 1: be told or they've been told, oh but I paid 124 00:07:44,360 --> 00:07:46,360 Speaker 1: for this. You actually end up taking out the average 125 00:07:46,400 --> 00:07:49,440 Speaker 1: person over two times which you pay into, for example, 126 00:07:49,480 --> 00:07:53,840 Speaker 1: Medicare over the course of the program. So you know 127 00:07:53,880 --> 00:07:56,040 Speaker 1: you can't and Trump won't touch Medicare, and no one's 128 00:07:56,040 --> 00:07:58,440 Speaker 1: going to touch those security or Medicare. Medicaid is just 129 00:07:58,880 --> 00:08:03,960 Speaker 1: this massive slush and nationally that has vertal accountability mechanisms 130 00:08:03,960 --> 00:08:06,160 Speaker 1: in place. The big beautiful Bill actually tries to do 131 00:08:06,200 --> 00:08:09,640 Speaker 1: some of that, but we're just gonna keep spending too 132 00:08:09,720 --> 00:08:12,280 Speaker 1: much money. It's tough for It's a little bit like 133 00:08:12,280 --> 00:08:15,040 Speaker 1: the debt ceiling fight for me. Now, how am I 134 00:08:15,080 --> 00:08:17,360 Speaker 1: supposed to go through history onics and tell you that 135 00:08:17,680 --> 00:08:20,080 Speaker 1: this is going to become a bigger and bigger problem. 136 00:08:20,200 --> 00:08:22,080 Speaker 1: It will become a problem that is so big that 137 00:08:22,120 --> 00:08:24,280 Speaker 1: by the time everyone agrees it's a problem that must 138 00:08:24,320 --> 00:08:25,840 Speaker 1: be fixed, it will be too late to fix the 139 00:08:25,880 --> 00:08:33,000 Speaker 1: problem without tremendous pain financially and as a society. But 140 00:08:33,640 --> 00:08:36,840 Speaker 1: smoke him if you got him, because it's not changing. 141 00:08:37,920 --> 00:08:39,800 Speaker 1: And you know, for Elon to come out and say this. 142 00:08:40,760 --> 00:08:42,800 Speaker 1: I wonder, I wonder is Trump or Anyone's gonna it's 143 00:08:42,840 --> 00:08:45,640 Speaker 1: gonna have harsh words to say about I mean, Elon, 144 00:08:45,760 --> 00:08:49,560 Speaker 1: he saw all the books. He knows. Elon knows that 145 00:08:49,600 --> 00:08:54,240 Speaker 1: if the United States government was a company, the company 146 00:08:54,360 --> 00:08:59,280 Speaker 1: is headed to bankruptcy. He knows that. And we know that. 147 00:09:00,280 --> 00:09:03,120 Speaker 1: And this is what the numbers are telling us. And 148 00:09:03,120 --> 00:09:07,640 Speaker 1: this is what Elon is telling us. But now we're told, oh, 149 00:09:07,920 --> 00:09:11,400 Speaker 1: we will handle this, but not yet. There's a bit 150 00:09:11,440 --> 00:09:17,160 Speaker 1: of a procrastination explanation here. We will tackle this national debt, 151 00:09:17,200 --> 00:09:18,839 Speaker 1: but we will do it in the future at some 152 00:09:19,000 --> 00:09:24,840 Speaker 1: other point. Guys, I told you I've lost now, I'd 153 00:09:24,880 --> 00:09:27,440 Speaker 1: say forty pounds. Really, I mean when I got sick 154 00:09:27,520 --> 00:09:29,480 Speaker 1: last week, it got down to like another ten pounds, 155 00:09:29,520 --> 00:09:32,040 Speaker 1: because you don't want to lose weight that way. But 156 00:09:32,120 --> 00:09:34,680 Speaker 1: I'm down at least forty pounds, and you know what 157 00:09:34,679 --> 00:09:36,760 Speaker 1: I end up. It's funny. I remember my guy, my 158 00:09:37,160 --> 00:09:43,160 Speaker 1: online training coach, Dan Anderson. He's a great guy and 159 00:09:43,240 --> 00:09:45,240 Speaker 1: just he lives this stuff and he's a really unique 160 00:09:45,320 --> 00:09:48,760 Speaker 1: character and just lives fitness and health and everything. And 161 00:09:48,800 --> 00:09:50,839 Speaker 1: I remember he kind of gave me my first meal planned, 162 00:09:51,480 --> 00:09:54,439 Speaker 1: and there was just a lot of like lean protein. 163 00:09:54,800 --> 00:09:56,720 Speaker 1: Now I love protein, but like a lot of you 164 00:09:57,800 --> 00:10:00,400 Speaker 1: I'm sure you know what kind of lean pro rather? 165 00:10:00,400 --> 00:10:01,240 Speaker 1: You know what kind of protein? 166 00:10:01,280 --> 00:10:01,560 Speaker 2: I like? 167 00:10:02,520 --> 00:10:09,640 Speaker 1: Hamburger meat, ribbi New York strip, that's a bacon. That's 168 00:10:09,679 --> 00:10:14,080 Speaker 1: the protein that I like. You know what lean protein is, eh, 169 00:10:15,200 --> 00:10:20,520 Speaker 1: ninety nine percent lean ground turkey, you know, whitefish, you 170 00:10:20,559 --> 00:10:23,079 Speaker 1: know things like things like that. You know it's like, oh, 171 00:10:23,080 --> 00:10:24,880 Speaker 1: that's not as exciting. But I remember we put on there. 172 00:10:25,240 --> 00:10:27,680 Speaker 1: I had to eat ground now eat ground turkey pretty 173 00:10:27,760 --> 00:10:30,080 Speaker 1: much every day. I've really developed a taste for it. 174 00:10:30,120 --> 00:10:33,960 Speaker 1: I season it. I Is it as exciting as cutting 175 00:10:34,000 --> 00:10:37,880 Speaker 1: into a delicious piece of short rib? Definitely not. But 176 00:10:38,000 --> 00:10:41,960 Speaker 1: what I'm saying is initially it was, well, I'll do this, 177 00:10:42,040 --> 00:10:44,280 Speaker 1: but I don't really want to start eating like, come on, 178 00:10:44,400 --> 00:10:48,000 Speaker 1: ninety nine percent lean turkey, ground turkey. That sounds that 179 00:10:48,080 --> 00:10:52,120 Speaker 1: sounds not fun. It's never gonna be fun. But I 180 00:10:52,160 --> 00:10:54,640 Speaker 1: had reached a point where I was like, Okay, time 181 00:10:54,679 --> 00:10:59,320 Speaker 1: to do it. The nation needs to go on a diet. 182 00:11:00,000 --> 00:11:01,839 Speaker 1: We don't want to do it. We don't want to 183 00:11:01,840 --> 00:11:05,360 Speaker 1: eat ground turkey. We want bacon. Cheeseburgers, and I get it, 184 00:11:06,120 --> 00:11:07,880 Speaker 1: But don't tell me that you want to eat bacon 185 00:11:07,960 --> 00:11:11,800 Speaker 1: cheeseburgers every day and you want to lose weight. Don't 186 00:11:11,840 --> 00:11:13,920 Speaker 1: tell me that you want to tackle the debt. But 187 00:11:14,000 --> 00:11:16,199 Speaker 1: we can't touch in title. But like I said, I'm 188 00:11:16,240 --> 00:11:18,000 Speaker 1: not going to fight with anybody over it because it's 189 00:11:18,040 --> 00:11:20,520 Speaker 1: not worth it. Because people feel so passionately about this, 190 00:11:20,600 --> 00:11:23,520 Speaker 1: but that is the truth. That is the problem. We 191 00:11:23,640 --> 00:11:26,960 Speaker 1: have set up a system that is financially unsustainable, and 192 00:11:27,000 --> 00:11:29,120 Speaker 1: we've made promises to people that are based in things 193 00:11:29,160 --> 00:11:32,520 Speaker 1: that are unfortunately mathematically not true, Like you're paying in 194 00:11:32,679 --> 00:11:35,199 Speaker 1: more than you're getting out. That's not true. It's a 195 00:11:35,200 --> 00:11:39,080 Speaker 1: little bit like a palmsy scheme. And this is where 196 00:11:39,120 --> 00:11:41,240 Speaker 1: we are, and I don't think anybody wants to handle it, 197 00:11:41,280 --> 00:11:43,200 Speaker 1: so it's not going to get handled. Elon saying this, 198 00:11:43,880 --> 00:11:45,520 Speaker 1: I think that the Trump economy is going to be 199 00:11:45,840 --> 00:11:48,079 Speaker 1: is going to be booming, and it's going to be fantastic. 200 00:11:48,320 --> 00:11:50,120 Speaker 1: I still believe that. I think there's stuff in this big, 201 00:11:50,120 --> 00:11:53,000 Speaker 1: beautiful bill that is awesome, and I'm very excited about it. 202 00:11:53,920 --> 00:11:56,600 Speaker 1: But we shouldn't kill ourselves. We're not tackling the problem 203 00:11:56,600 --> 00:12:02,120 Speaker 1: of the debt. We are not dealing with debt. So 204 00:12:02,200 --> 00:12:04,480 Speaker 1: now's probably a good time to tell you about gold, 205 00:12:05,400 --> 00:12:09,160 Speaker 1: because you know what, they can't print gold. Gold has 206 00:12:09,200 --> 00:12:12,960 Speaker 1: been a store of value for as long as there's 207 00:12:12,960 --> 00:12:16,040 Speaker 1: been human civilization. You know, you think about this, Gold 208 00:12:16,280 --> 00:12:17,040 Speaker 1: has a lot of value. 209 00:12:17,080 --> 00:12:17,280 Speaker 2: Today. 210 00:12:17,320 --> 00:12:19,120 Speaker 1: You got some gold coins in your hand. Gold coins 211 00:12:19,200 --> 00:12:22,200 Speaker 1: go back to like ancient Babylon. Would anyone laugh at 212 00:12:22,240 --> 00:12:23,600 Speaker 1: you if you're like, hey, all I've got are these 213 00:12:23,640 --> 00:12:27,760 Speaker 1: measly gold coins? Hmmm, that's thousands of years ago gold, 214 00:12:27,880 --> 00:12:31,959 Speaker 1: My friends, it makes sense. Gold was two thousand dollars 215 00:12:31,960 --> 00:12:34,319 Speaker 1: anounced back in twenty nineteen to twenty twenty. Today it's 216 00:12:34,320 --> 00:12:37,800 Speaker 1: hovering around thirty four hundred dollars. I've owned gold for 217 00:12:37,880 --> 00:12:40,360 Speaker 1: over a decade. Like I said, this Trump economy is 218 00:12:40,400 --> 00:12:43,079 Speaker 1: gonna kick ass. But where is your where your saving 219 00:12:43,120 --> 00:12:44,599 Speaker 1: is gonna be in ten years? Trump's not gonna be 220 00:12:44,640 --> 00:12:47,840 Speaker 1: president in ten years. Why don't you put yourself on 221 00:12:47,880 --> 00:12:50,680 Speaker 1: a pathway now to store value for the long term 222 00:12:50,720 --> 00:12:54,400 Speaker 1: and hedge against the inflation that is inevitable. We're not 223 00:12:54,520 --> 00:12:57,840 Speaker 1: touching the debt. It is going to happen. Elon's saying it. 224 00:12:57,920 --> 00:13:00,600 Speaker 1: He's the best CEO on the planet. He's telling you 225 00:13:01,040 --> 00:13:04,400 Speaker 1: this debt is going to get worse, which means they're 226 00:13:04,440 --> 00:13:07,720 Speaker 1: going to inflate away some portion of that debt with 227 00:13:07,880 --> 00:13:12,080 Speaker 1: money printing. This is where gold comes in and why 228 00:13:12,120 --> 00:13:16,080 Speaker 1: gold continues to hold and grow in value. It doesn't 229 00:13:16,080 --> 00:13:19,199 Speaker 1: all it grows in value. Look at gold over the 230 00:13:19,280 --> 00:13:21,640 Speaker 1: last five years, look at gold over the last twenty years. 231 00:13:21,720 --> 00:13:23,719 Speaker 1: You know, conservative talk radio a lot of us, me 232 00:13:23,840 --> 00:13:25,480 Speaker 1: and Glenn and people have been talking about gold for 233 00:13:25,480 --> 00:13:29,320 Speaker 1: a while. It's been a great investment. Birch Gold Group 234 00:13:29,360 --> 00:13:31,840 Speaker 1: is who I trust for you to get some gold today. 235 00:13:32,320 --> 00:13:35,720 Speaker 1: They're the best informed, customer friendly company in this space. 236 00:13:35,840 --> 00:13:38,080 Speaker 1: You should give them a try. I recently bought some 237 00:13:38,120 --> 00:13:41,200 Speaker 1: gold myself from the Birch Gold Group. I hold physical gold, 238 00:13:41,440 --> 00:13:42,800 Speaker 1: but if you've got a four oh one k or 239 00:13:42,800 --> 00:13:46,040 Speaker 1: an ira that you want to have transitioned into a 240 00:13:46,120 --> 00:13:48,840 Speaker 1: gold ira or four o one k, Birch Gold is 241 00:13:48,880 --> 00:13:51,240 Speaker 1: the best in the business. They specialize in doing that. 242 00:13:51,840 --> 00:13:53,640 Speaker 1: Think about it. You know, maybe you've got you know, 243 00:13:53,720 --> 00:13:55,840 Speaker 1: thirty or forty grand that's in some old four oh 244 00:13:55,880 --> 00:13:58,280 Speaker 1: one k or some number like that. You're like, well, 245 00:13:58,400 --> 00:13:59,480 Speaker 1: what am I even going to do this, you can 246 00:13:59,520 --> 00:14:02,680 Speaker 1: transition into gold and then in ten years and twenty 247 00:14:02,720 --> 00:14:05,840 Speaker 1: years and thirty years, just see what that gold value is. 248 00:14:06,840 --> 00:14:09,760 Speaker 1: My friends, Birch Gold Group, text my name Buck to 249 00:14:09,920 --> 00:14:12,760 Speaker 1: ninety eight ninety eight ninety eight. Receive you are free, 250 00:14:12,960 --> 00:14:16,080 Speaker 1: no obligation infocated on gold. Again Text my name Buck 251 00:14:16,400 --> 00:14:19,000 Speaker 1: to ninety eight ninety eight ninety eight. Learn how to 252 00:14:19,040 --> 00:14:21,960 Speaker 1: hold gold and silver in a tax sheltered account, and 253 00:14:22,040 --> 00:14:24,840 Speaker 1: Birch Gold can help you convert that existing IRA or 254 00:14:24,880 --> 00:14:28,240 Speaker 1: four to oh one k into a gold IRA for 255 00:14:28,400 --> 00:14:30,720 Speaker 1: no money out of pocket. If you want to just 256 00:14:30,760 --> 00:14:32,920 Speaker 1: go online too, you go to Birch Gold dot com 257 00:14:32,920 --> 00:14:45,000 Speaker 1: slash buck. That's Birch Gold dot com slash buck. Just 258 00:14:45,040 --> 00:14:47,400 Speaker 1: to note, I do think that the big beautiful bill 259 00:14:47,480 --> 00:14:49,440 Speaker 1: is going to be great for the economy. Right, There's 260 00:14:49,520 --> 00:14:53,680 Speaker 1: two different things to handle here. There's what this will 261 00:14:53,680 --> 00:14:59,000 Speaker 1: do this year and for perhaps the rest of the administration. 262 00:14:59,080 --> 00:15:00,960 Speaker 1: This is the footing it will put. And then there's 263 00:15:01,040 --> 00:15:05,960 Speaker 1: the debt that we have been piling up for particularly 264 00:15:06,000 --> 00:15:09,280 Speaker 1: the last call it, you know, thirty years or so, 265 00:15:10,240 --> 00:15:13,200 Speaker 1: and what that is. Right, So that's that's a very 266 00:15:13,240 --> 00:15:17,440 Speaker 1: long term structural problem that is going to stay with 267 00:15:17,520 --> 00:15:20,440 Speaker 1: us post Trump administration no matter what Trump does. And 268 00:15:20,520 --> 00:15:22,640 Speaker 1: I have no illusions. There's no world in which Trump 269 00:15:22,680 --> 00:15:25,040 Speaker 1: can just be like, all right, thirty trillion dollars, it's 270 00:15:25,080 --> 00:15:27,040 Speaker 1: all good, We've paid it all. You know, that's not 271 00:15:27,080 --> 00:15:30,720 Speaker 1: going to happen. But to begin to pay it down 272 00:15:31,640 --> 00:15:33,240 Speaker 1: would be the best that we could hope for. And 273 00:15:33,240 --> 00:15:34,880 Speaker 1: if we could say we're going to pay a trillion 274 00:15:34,920 --> 00:15:39,760 Speaker 1: dollars toward the debt next year, so the number actually 275 00:15:39,800 --> 00:15:43,160 Speaker 1: meaningfully goes down, or maybe even if we could just 276 00:15:43,160 --> 00:15:46,000 Speaker 1: have a balance budget for the year, even take a 277 00:15:46,000 --> 00:15:49,040 Speaker 1: step back from that, that would show what is possible, 278 00:15:49,360 --> 00:15:51,280 Speaker 1: and it would show us that we can do this. 279 00:15:52,080 --> 00:15:54,600 Speaker 1: And that's not what's going on right now with this bill. 280 00:15:54,680 --> 00:15:56,760 Speaker 1: But I do think the short term impact on the 281 00:15:56,800 --> 00:15:59,800 Speaker 1: economy is going to be particularly strong. And here is 282 00:16:00,440 --> 00:16:04,120 Speaker 1: Caroline Levitt who is just telling everybody and doing it 283 00:16:04,160 --> 00:16:07,480 Speaker 1: based on the numbers. This has cut twenty five. Look, 284 00:16:07,520 --> 00:16:10,480 Speaker 1: inflation is down. The economy's good play twenty five. 285 00:16:10,680 --> 00:16:14,160 Speaker 3: Positive economic reports continue to flood. In Inflation dropped to 286 00:16:14,200 --> 00:16:17,760 Speaker 3: two point one percent in April. Personal income increased point 287 00:16:17,840 --> 00:16:20,840 Speaker 3: eight percent in April, So inflation is down and wages 288 00:16:20,880 --> 00:16:24,400 Speaker 3: are up. That's almost triple the expectations and against the 289 00:16:24,440 --> 00:16:27,080 Speaker 3: doubts of nearly everyone in this room. And we also 290 00:16:27,160 --> 00:16:29,680 Speaker 3: saw the largest monthly decline in the trade deficit on 291 00:16:29,800 --> 00:16:34,000 Speaker 3: record as a result of President Chump's very powerful tariffs. Lastly, 292 00:16:34,080 --> 00:16:36,360 Speaker 3: the price of eggs has dropped more than sixty one 293 00:16:36,400 --> 00:16:40,200 Speaker 3: percent since President Trump took office in January. I remember 294 00:16:40,240 --> 00:16:42,400 Speaker 3: my very first briefing. I was asked about the cost 295 00:16:42,440 --> 00:16:45,000 Speaker 3: of eggs. The reporter tried to insinuate it was this 296 00:16:45,040 --> 00:16:47,520 Speaker 3: administration's a fault, even though he had only been here 297 00:16:47,840 --> 00:16:50,440 Speaker 3: for a few days or weeks. It was a result 298 00:16:50,480 --> 00:16:53,720 Speaker 3: of the previous administration's terrible policies. And in record time, 299 00:16:53,800 --> 00:16:56,800 Speaker 3: this president has fixed that problem that he inherited from 300 00:16:56,880 --> 00:16:59,760 Speaker 3: Joe Biden. And now egg prices have dropped sixty one 301 00:16:59,760 --> 00:17:02,200 Speaker 3: percent since this president took office. 302 00:17:03,800 --> 00:17:05,840 Speaker 1: Right, so I was right with the egg prices. Guys. 303 00:17:06,320 --> 00:17:08,800 Speaker 1: Remember yesterday I said egg price is down sixty percent. 304 00:17:08,840 --> 00:17:11,439 Speaker 1: She just said sixty one percent. So what was this 305 00:17:11,760 --> 00:17:15,639 Speaker 1: twenty percent yesterday? Yeah, making me look like I'm buying 306 00:17:15,880 --> 00:17:19,520 Speaker 1: the most expensive eggs anywhere. You know, the egg price 307 00:17:19,600 --> 00:17:22,719 Speaker 1: is way down. All these prices way down. None of 308 00:17:22,760 --> 00:17:26,879 Speaker 1: this should be surprising at all, though, because the adults, 309 00:17:27,119 --> 00:17:30,359 Speaker 1: when it comes to the economy and actually comes to everything, 310 00:17:30,760 --> 00:17:33,000 Speaker 1: it is everything. Now there's nothing, there's no area where 311 00:17:33,000 --> 00:17:34,920 Speaker 1: you go. Oh, the Democrats have some good points. No, 312 00:17:35,000 --> 00:17:38,840 Speaker 1: they're insane. The adults are in charge, and that is 313 00:17:38,880 --> 00:17:43,680 Speaker 1: being reflected in the business climate and what's happening across 314 00:17:43,760 --> 00:17:47,520 Speaker 1: the economic sphirit in really important ways. Great week for 315 00:17:47,560 --> 00:17:51,440 Speaker 1: sports fans. You know what's coming tomorrow. The NHL's Florida Panthers, 316 00:17:51,680 --> 00:17:55,240 Speaker 1: my favorite, my beloved Florida Panthers and the Edmonton Oilers 317 00:17:55,640 --> 00:17:58,280 Speaker 1: face off in a repeat of last year's Stanley Cup Final. 318 00:17:58,320 --> 00:18:01,520 Speaker 1: I've been waiting for this one for so long, right, sure. 319 00:18:02,040 --> 00:18:04,880 Speaker 1: But also you've got Oklahoma City Thunder against the Indiana 320 00:18:04,920 --> 00:18:07,679 Speaker 1: Pacers that I am going to be watching, and you 321 00:18:07,720 --> 00:18:09,240 Speaker 1: know I'm gonna have to make a pick here, you 322 00:18:09,240 --> 00:18:12,000 Speaker 1: know what, guys, Oh no, that's Thursday. That tomorrow. I'll 323 00:18:12,040 --> 00:18:15,120 Speaker 1: give you my pick tomorrow for the Pacers versus the Thunder, 324 00:18:15,359 --> 00:18:17,280 Speaker 1: and we'll see if Buck can make it happen with 325 00:18:17,320 --> 00:18:19,440 Speaker 1: that one. Prize picks is what you want to make 326 00:18:19,480 --> 00:18:21,800 Speaker 1: your picks though, all about the players, not about the teams, 327 00:18:22,160 --> 00:18:26,320 Speaker 1: best place for hockey, basketball, baseball. Millions of people have 328 00:18:26,440 --> 00:18:28,760 Speaker 1: used Prize Picks a lot of fun and all you 329 00:18:28,800 --> 00:18:30,800 Speaker 1: do is pick more or less based on the projection 330 00:18:30,880 --> 00:18:33,520 Speaker 1: for the player. Download the Prize Picks app today. Use 331 00:18:33,560 --> 00:18:35,960 Speaker 1: my name Buck as your promo code. Get fifty dollars 332 00:18:35,960 --> 00:18:38,919 Speaker 1: instantly when you play five dollars. That's code Buck on 333 00:18:39,040 --> 00:18:41,320 Speaker 1: Prize Picks to get the fifty dollars instantly when you 334 00:18:41,320 --> 00:18:44,080 Speaker 1: play five dollars. And I'm going to pick my beloved 335 00:18:44,119 --> 00:18:46,200 Speaker 1: Panthers because it's Florida lines. 336 00:18:46,359 --> 00:18:46,600 Speaker 2: Yay. 337 00:18:54,720 --> 00:18:56,879 Speaker 1: Got a ton of calls. I knew that last segment 338 00:18:56,920 --> 00:18:59,760 Speaker 1: would get some of you fired up, so you know, 339 00:19:00,000 --> 00:19:03,199 Speaker 1: sometimes I gotta poke you a little bit. Sometimes the 340 00:19:03,240 --> 00:19:05,879 Speaker 1: Buckster just has to be like, you know what, we're 341 00:19:05,920 --> 00:19:07,800 Speaker 1: getting a little too chummy around here. I want to fight. 342 00:19:08,240 --> 00:19:11,280 Speaker 1: That's what happens with Ginger. Sometimes she's so cute. I 343 00:19:11,320 --> 00:19:13,680 Speaker 1: miss her. She's with She's at a doggy camp today 344 00:19:13,680 --> 00:19:16,240 Speaker 1: because we're traveling, but it's a lovely camp. She's like 345 00:19:16,240 --> 00:19:19,000 Speaker 1: playing with golden retrievers and pugs. It's very nice. She 346 00:19:19,040 --> 00:19:20,639 Speaker 1: has a good time. When we go to pick her up, 347 00:19:20,640 --> 00:19:22,040 Speaker 1: she's like, I don't even know who you are anymore. 348 00:19:22,960 --> 00:19:25,560 Speaker 1: But she comes over and she gets all like nice 349 00:19:25,560 --> 00:19:28,240 Speaker 1: and snugly, and then she kind of looks at me 350 00:19:28,280 --> 00:19:30,040 Speaker 1: and I'm like, oh, oh, it's on. And then she 351 00:19:30,080 --> 00:19:32,199 Speaker 1: wants to go and she wants to like jump all 352 00:19:32,200 --> 00:19:34,560 Speaker 1: over me and like that. So sometimes you know, you 353 00:19:34,600 --> 00:19:35,960 Speaker 1: get a little chummy. You got to throw it down 354 00:19:35,960 --> 00:19:38,440 Speaker 1: a little bit. So some of your are a little 355 00:19:38,480 --> 00:19:41,040 Speaker 1: frustrated over the comments on how to fix the debt. 356 00:19:41,840 --> 00:19:43,440 Speaker 1: I'm just I'm just telling you the numbers. I don't 357 00:19:43,440 --> 00:19:45,600 Speaker 1: even have a munch of a dog in this fight, 358 00:19:45,680 --> 00:19:47,879 Speaker 1: so to speak. Well, I do because America and I 359 00:19:47,880 --> 00:19:49,480 Speaker 1: don't want it to collapse. But it's going to be 360 00:19:49,480 --> 00:19:54,720 Speaker 1: a while before I'm getting Medicare or Social Security. And 361 00:19:54,880 --> 00:19:56,240 Speaker 1: I know we're gonna have to go over some of 362 00:19:56,280 --> 00:19:58,840 Speaker 1: these things. Like, No, it doesn't mean people don't get 363 00:19:58,880 --> 00:20:01,120 Speaker 1: Medicare who are in Medicare now. No, it doesn't mean 364 00:20:01,119 --> 00:20:03,560 Speaker 1: that if you're supposed to get Social Security, you know, 365 00:20:03,640 --> 00:20:05,479 Speaker 1: starting in five years that all of a sudden you're 366 00:20:05,480 --> 00:20:07,600 Speaker 1: going to get like a fraction of it means that, 367 00:20:08,000 --> 00:20:11,199 Speaker 1: you know, if you're a prime working age now, we 368 00:20:11,240 --> 00:20:14,040 Speaker 1: could start to set up different programs, and we could 369 00:20:14,080 --> 00:20:17,439 Speaker 1: start to prepare people for means testing and you know, 370 00:20:18,240 --> 00:20:21,800 Speaker 1: and change, Like, there are ways to fix this thing 371 00:20:22,400 --> 00:20:26,639 Speaker 1: that don't hurt people who were promised and paid in 372 00:20:26,720 --> 00:20:28,840 Speaker 1: good faith and are on it or about to be 373 00:20:29,000 --> 00:20:32,240 Speaker 1: on it. But if you're twenty five, it's not going 374 00:20:32,280 --> 00:20:35,320 Speaker 1: to work for you to say, oh, well, from age 375 00:20:35,440 --> 00:20:38,640 Speaker 1: sixty five to one hundred, because that's how long people 376 00:20:38,680 --> 00:20:41,160 Speaker 1: are going to start to live by the way. I'm 377 00:20:41,200 --> 00:20:42,800 Speaker 1: just going to get paid this or I'm going to 378 00:20:42,840 --> 00:20:44,760 Speaker 1: have everything paid by the card. It's going to have 379 00:20:44,800 --> 00:20:47,040 Speaker 1: to change at some point. So I just I want 380 00:20:47,040 --> 00:20:49,879 Speaker 1: to be clear. You know, my dad's you know, he 381 00:20:49,920 --> 00:20:53,520 Speaker 1: gets social Security, right I he deserves it. No one's 382 00:20:53,560 --> 00:20:55,920 Speaker 1: touching anyone's Social Security that's getting it now. No one's 383 00:20:55,920 --> 00:20:58,760 Speaker 1: touching anyone's Medicare is getting it now. The change would 384 00:20:58,800 --> 00:21:02,520 Speaker 1: come over a ten year horizon, a budget set in 385 00:21:02,600 --> 00:21:07,240 Speaker 1: place now that makes some of the switches necessary to 386 00:21:08,080 --> 00:21:10,399 Speaker 1: allow us to be on a sound fiscal foot, or 387 00:21:10,440 --> 00:21:12,720 Speaker 1: just don't we just let's just you know, Thelmon Louise baby, 388 00:21:12,760 --> 00:21:15,359 Speaker 1: let's hit the accelerator and let's just take this guy 389 00:21:15,400 --> 00:21:17,440 Speaker 1: off a cliff. Let's just go you know what I mean. 390 00:21:17,720 --> 00:21:20,080 Speaker 1: We'll hold each other's hands, we'll look at each other, 391 00:21:20,119 --> 00:21:22,040 Speaker 1: and we'll just take this thing off the cliff together. 392 00:21:22,480 --> 00:21:26,280 Speaker 1: It was fun while it lasted America, Jay, and Ohio, 393 00:21:26,480 --> 00:21:29,160 Speaker 1: here we go, six months from turning sixty five. What's 394 00:21:29,160 --> 00:21:29,800 Speaker 1: going on? Jay? 395 00:21:31,000 --> 00:21:31,160 Speaker 4: Well? 396 00:21:31,240 --> 00:21:32,920 Speaker 2: Yeah, you don't have to poke meny of the governments 397 00:21:32,960 --> 00:21:36,560 Speaker 2: doing that? Well enough already. Yes, I'm months away from 398 00:21:37,160 --> 00:21:41,480 Speaker 2: being forced onto Medicare and I don't want to. I 399 00:21:41,520 --> 00:21:43,680 Speaker 2: want to take care of it myself, but I am 400 00:21:43,720 --> 00:21:47,320 Speaker 2: not allowed. If I don't, you know, a role for Medicare, 401 00:21:47,560 --> 00:21:51,000 Speaker 2: they'll penalize me anyway. What kind of a perverse system 402 00:21:51,119 --> 00:21:54,320 Speaker 2: is that? So you know, mister President, mister Vice president, 403 00:21:54,320 --> 00:21:58,040 Speaker 2: if you're listening, this grow our way out of out 404 00:21:58,080 --> 00:22:00,879 Speaker 2: of the debt isn't going to happen. It's about force. 405 00:22:00,960 --> 00:22:04,120 Speaker 2: And the other thing is the insurance industry. And I'm 406 00:22:04,160 --> 00:22:07,159 Speaker 2: wired about this. The insurance industry loves the concept of 407 00:22:07,200 --> 00:22:10,280 Speaker 2: Medicare because they can offload all the old schmucks like me, 408 00:22:10,680 --> 00:22:13,399 Speaker 2: and the government will take care of us quote unquote. 409 00:22:13,560 --> 00:22:16,119 Speaker 2: It's all about force. I don't have any freedom. I 410 00:22:16,160 --> 00:22:18,919 Speaker 2: want the freedom to not enroll in Medicare and I 411 00:22:18,960 --> 00:22:21,080 Speaker 2: don't have that at this point, and it's infuriating. 412 00:22:21,480 --> 00:22:24,920 Speaker 1: Jay, you're spot on in an excellent call, and you're 413 00:22:24,920 --> 00:22:27,960 Speaker 1: seeing this with clear eyes, full hearts. Can't lose, and 414 00:22:28,320 --> 00:22:29,960 Speaker 1: thank you for thank you for the call, Thanks for 415 00:22:29,960 --> 00:22:32,320 Speaker 1: being Look, it's a mess, everybody, it's a mess. Elon 416 00:22:32,440 --> 00:22:35,120 Speaker 1: knows it's a mess. All he does is look at 417 00:22:35,119 --> 00:22:38,560 Speaker 1: balance sheets and look at you know, projections based on 418 00:22:38,720 --> 00:22:42,160 Speaker 1: numbers into the future and figure out how to fix things. 419 00:22:42,640 --> 00:22:44,359 Speaker 1: And he told us we got to fix this, and 420 00:22:44,400 --> 00:22:47,159 Speaker 1: we're not fixing it. And he just said that, and 421 00:22:47,200 --> 00:22:48,640 Speaker 1: he said, the people that are voting for this should 422 00:22:48,640 --> 00:22:52,320 Speaker 1: be ashamed. Ashamed on the Republican side. This is what 423 00:22:52,359 --> 00:22:57,560 Speaker 1: Elon's saying. So he's a smart guy. I think that's 424 00:22:57,560 --> 00:23:01,440 Speaker 1: putting it mildly. Michael in Osway we go, New York. 425 00:23:01,480 --> 00:23:05,680 Speaker 4: What's going on, Mike, I about second time. 426 00:23:05,520 --> 00:23:09,879 Speaker 1: Caller apparently found the first time. So that's good news. 427 00:23:10,080 --> 00:23:11,280 Speaker 2: I sure did. 428 00:23:11,520 --> 00:23:12,840 Speaker 4: I listened to you guys every day. 429 00:23:13,080 --> 00:23:13,479 Speaker 1: Thank you. 430 00:23:13,560 --> 00:23:16,800 Speaker 4: Anyway, I was calling to jump back to the segment 431 00:23:16,840 --> 00:23:21,119 Speaker 4: about income taxes, and I told the guy that I 432 00:23:21,160 --> 00:23:24,040 Speaker 4: first talked to. I said, you know, well, anyway, my 433 00:23:24,200 --> 00:23:28,960 Speaker 4: mother and father were both teachers, you know, high school 434 00:23:29,119 --> 00:23:34,600 Speaker 4: and junior high. So I mean when I needed help 435 00:23:34,680 --> 00:23:37,919 Speaker 4: with my homework and that. You know, my mother was 436 00:23:37,960 --> 00:23:41,439 Speaker 4: a specialist in history. She's still after she retired, so 437 00:23:41,480 --> 00:23:44,560 Speaker 4: I got a lot of that. But to my memory, 438 00:23:46,040 --> 00:23:51,919 Speaker 4: didn't FDR institute income taxes at the time that World 439 00:23:51,960 --> 00:23:56,000 Speaker 4: War two with the US was imminent or we had 440 00:23:56,040 --> 00:23:59,000 Speaker 4: already gone into the war, and they and to get 441 00:23:59,080 --> 00:24:02,840 Speaker 4: more money to hire people and build the bombs and 442 00:24:02,880 --> 00:24:06,000 Speaker 4: all that and the planes, and it was never supposed 443 00:24:06,040 --> 00:24:10,080 Speaker 4: to be a permanent thing. Now that's what I remember 444 00:24:10,119 --> 00:24:13,000 Speaker 4: reading in history. Now I don't know if that's true. 445 00:24:13,080 --> 00:24:13,800 Speaker 4: I mean, you're making that. 446 00:24:13,920 --> 00:24:17,080 Speaker 1: Well, the first income tax was actually back in It 447 00:24:17,119 --> 00:24:19,320 Speaker 1: was the Revenue Act of eighteen sixty one to fund 448 00:24:19,320 --> 00:24:21,920 Speaker 1: the Civil War. So it is wars. So if you're 449 00:24:21,920 --> 00:24:24,679 Speaker 1: thinking about it in this context, it was wars that 450 00:24:24,760 --> 00:24:27,159 Speaker 1: got us to or a major war that got us 451 00:24:27,200 --> 00:24:30,439 Speaker 1: to a tax in the first place. But the federal 452 00:24:30,440 --> 00:24:33,760 Speaker 1: income tax then kind of disappeared. It comes back in 453 00:24:33,840 --> 00:24:37,480 Speaker 1: eighteen ninety four with the Wilson Tariff Act two percent 454 00:24:37,520 --> 00:24:40,560 Speaker 1: tax on incomes over four thousand dollars. But the modern 455 00:24:40,600 --> 00:24:44,280 Speaker 1: federal income tax is the sixteenth Amendment nineteen thirteen. So 456 00:24:44,960 --> 00:24:46,920 Speaker 1: the history of taxation, I mean, I think what you're 457 00:24:46,960 --> 00:24:49,200 Speaker 1: raising here is interesting, Michael, thank you for calling in. 458 00:24:49,480 --> 00:24:55,080 Speaker 1: The history of taxation is one of fits and starts, 459 00:24:55,200 --> 00:24:59,119 Speaker 1: or you know, two steps forward, one step back. But 460 00:24:59,320 --> 00:25:02,960 Speaker 1: once they got with the sixteenth Amendment, then that was rough. 461 00:25:03,880 --> 00:25:06,560 Speaker 1: That was rough. That was when the bad things started. 462 00:25:06,560 --> 00:25:08,800 Speaker 1: That was when the bad stuff with the taxes started 463 00:25:08,840 --> 00:25:11,119 Speaker 1: to happen. I mean, you know, it bums me out. 464 00:25:11,160 --> 00:25:12,520 Speaker 1: I'll tell you this. Now that I live in a 465 00:25:12,600 --> 00:25:16,960 Speaker 1: zero state income tax place, it's just unthinkable to go 466 00:25:17,040 --> 00:25:18,879 Speaker 1: back to one of these super high tax states like 467 00:25:18,960 --> 00:25:23,280 Speaker 1: New York or California, because you're just you're paying so 468 00:25:23,400 --> 00:25:25,480 Speaker 1: much more of the money you work for and getting 469 00:25:25,480 --> 00:25:28,240 Speaker 1: nothing additional, You're you're getting nothing. In fact, I would 470 00:25:28,320 --> 00:25:30,800 Speaker 1: argue that the services that I get in South Florida 471 00:25:32,280 --> 00:25:36,960 Speaker 1: from you know, on a whole range of things, is 472 00:25:37,000 --> 00:25:38,639 Speaker 1: better than what I was getting in New York City. 473 00:25:39,359 --> 00:25:42,240 Speaker 1: And so with that, you say, well, why am I 474 00:25:42,280 --> 00:25:44,760 Speaker 1: paying more just because Democrats have bad ideas and they're 475 00:25:44,800 --> 00:25:47,399 Speaker 1: in charge, and so they just take more of your money. 476 00:25:48,119 --> 00:25:50,640 Speaker 1: I wish that wei the notion that we have all 477 00:25:50,640 --> 00:25:53,760 Speaker 1: these states where you have state income tax, some of 478 00:25:53,840 --> 00:25:57,479 Speaker 1: which tax you by the day. I always have this 479 00:25:57,720 --> 00:25:59,719 Speaker 1: thing where I tell people this. I think Utah's one 480 00:25:59,720 --> 00:26:02,560 Speaker 1: of them. Utah, What is going on with you? Utah? 481 00:26:02,960 --> 00:26:06,360 Speaker 1: A lot of great stuff about Utah, beautiful state, lovely people. 482 00:26:06,800 --> 00:26:09,199 Speaker 1: But I think you get taxed by the day you 483 00:26:09,280 --> 00:26:11,679 Speaker 1: work there because I think I had to pay, like, 484 00:26:11,800 --> 00:26:14,000 Speaker 1: you know, fifty dollars to the state of Utah once 485 00:26:14,040 --> 00:26:16,440 Speaker 1: and I had to have like a little you guys, 486 00:26:16,440 --> 00:26:18,040 Speaker 1: would we have a huge auditing in the Salt Lake City, 487 00:26:18,080 --> 00:26:22,960 Speaker 1: you know what I'm talking about. I think that definitely 488 00:26:23,000 --> 00:26:26,240 Speaker 1: New York per day you are taxed in New York 489 00:26:26,240 --> 00:26:28,320 Speaker 1: City if you work, right, if you're there with your 490 00:26:28,320 --> 00:26:30,119 Speaker 1: family over a week and on vacation, of course you 491 00:26:30,119 --> 00:26:33,280 Speaker 1: don't know. But if you're there and you know, you 492 00:26:33,359 --> 00:26:35,480 Speaker 1: flying to New York and you do work out of 493 00:26:35,480 --> 00:26:37,960 Speaker 1: your New York office or something, they can tax you 494 00:26:38,000 --> 00:26:41,040 Speaker 1: for that day and every day that you're there. So 495 00:26:41,760 --> 00:26:44,800 Speaker 1: you just feel like, all right, well that's pretty annoying. 496 00:26:45,359 --> 00:26:47,760 Speaker 1: You don't want more of that. Jack in Ohio wants 497 00:26:47,840 --> 00:26:48,679 Speaker 1: away and what's going on? 498 00:26:48,760 --> 00:26:53,920 Speaker 5: Jack? Hey, happy anniversary A week ahead of time? Real quick? 499 00:26:54,119 --> 00:26:57,159 Speaker 1: Just want to talk about like what them you mean 500 00:26:57,200 --> 00:26:59,600 Speaker 1: to Clay and buck anniversary, right, because like the carry 501 00:26:59,600 --> 00:27:02,080 Speaker 1: and Bucket anniversary of getting married was back in February. 502 00:27:02,760 --> 00:27:04,320 Speaker 1: Just making sure, I'm like, I have to get my 503 00:27:04,359 --> 00:27:04,920 Speaker 1: wife a gift. 504 00:27:05,080 --> 00:27:09,080 Speaker 5: Oh no, not again, if you want to stay in 505 00:27:09,080 --> 00:27:13,399 Speaker 5: good graces. Yeah, my major concern okay, And Carolyn Lovett 506 00:27:13,480 --> 00:27:15,600 Speaker 5: just even announced it, you know, on a clip that 507 00:27:15,720 --> 00:27:19,960 Speaker 5: you just played where she was talking about what Trump 508 00:27:20,000 --> 00:27:25,080 Speaker 5: inherited okay from the Biden Harris regime. Okay. My point 509 00:27:25,240 --> 00:27:29,320 Speaker 5: is Biden and Harris and Majorca okay, who caused a 510 00:27:29,359 --> 00:27:34,000 Speaker 5: great problem with the immigration okay, are not running for office. Yes, 511 00:27:34,200 --> 00:27:37,600 Speaker 5: we need to hang this on them. Okay. However, there 512 00:27:37,640 --> 00:27:41,840 Speaker 5: are two hundred and sixty Democrats okay in Congress right now, 513 00:27:42,200 --> 00:27:44,960 Speaker 5: and I can't remember hearing any one of them, maybe 514 00:27:44,960 --> 00:27:51,040 Speaker 5: except Federman talking about the problem okay, immigration. And I'm 515 00:27:51,080 --> 00:27:54,159 Speaker 5: looking at the midterms, okay, that's right around the corner, 516 00:27:54,480 --> 00:27:57,440 Speaker 5: and I would like to hear the media talk about 517 00:27:57,800 --> 00:28:00,720 Speaker 5: all of the Democrats who've been sitting on their hands 518 00:28:01,000 --> 00:28:03,720 Speaker 5: and they're going to be up for reelection, and let's 519 00:28:03,760 --> 00:28:07,000 Speaker 5: not forget them. Biden and Herris they're not running again. 520 00:28:07,880 --> 00:28:11,200 Speaker 5: So and you even have the down ticket, okay, which 521 00:28:11,200 --> 00:28:14,479 Speaker 5: goes to state and local. So I would like to 522 00:28:14,520 --> 00:28:17,720 Speaker 5: hear more about all the Democrats. We have somebody here 523 00:28:18,359 --> 00:28:22,159 Speaker 5: in our office, okay, in Ohio or she's been in 524 00:28:22,240 --> 00:28:28,119 Speaker 5: office forty years as a congresswoman and she votes ninety 525 00:28:28,160 --> 00:28:30,520 Speaker 5: five percent of the time right along with the ticket. 526 00:28:30,880 --> 00:28:32,800 Speaker 1: Okay. A few things, thank you, Jack, Thank you Jack, 527 00:28:32,800 --> 00:28:34,600 Speaker 1: and Ohio. A couple of things on what you're saying. 528 00:28:34,640 --> 00:28:36,639 Speaker 1: One is you'll be a lot more talk about this 529 00:28:36,680 --> 00:28:38,600 Speaker 1: as we get closer to the midterm. So this is 530 00:28:38,920 --> 00:28:44,360 Speaker 1: you're right now calling in at the absolute low point 531 00:28:44,440 --> 00:28:49,800 Speaker 1: I think of political midterm conversation. June after a presidential 532 00:28:49,840 --> 00:28:55,120 Speaker 1: election is when you're going to hear probably the least well, 533 00:28:55,160 --> 00:28:57,200 Speaker 1: I mean, right after an election maybe, but I'm just 534 00:28:57,520 --> 00:28:59,520 Speaker 1: there's so much talk about politics in general that'll be 535 00:28:59,560 --> 00:29:02,160 Speaker 1: going on, and all the thinking about the last election. 536 00:29:02,760 --> 00:29:06,000 Speaker 1: But as we get into certainly the beginning of next 537 00:29:06,080 --> 00:29:08,000 Speaker 1: year and then into next summer, you're going to have 538 00:29:08,040 --> 00:29:09,400 Speaker 1: a lot of talk about all and we're going to 539 00:29:09,400 --> 00:29:11,720 Speaker 1: be talking about them on this show. So that's part one. 540 00:29:11,800 --> 00:29:17,280 Speaker 1: Part two is the reason the Biden revelations matter is 541 00:29:17,360 --> 00:29:21,600 Speaker 1: that it goes to one the fact that more more 542 00:29:21,720 --> 00:29:24,640 Speaker 1: people than ever should wake up to the fact that 543 00:29:24,680 --> 00:29:29,120 Speaker 1: the media is the corporate Democrat media lies and has 544 00:29:29,160 --> 00:29:34,080 Speaker 1: no integrity whatsoever. That CNN as an entity has no integrity. 545 00:29:34,320 --> 00:29:38,640 Speaker 1: The people who call themselves journalists are not journalists. They 546 00:29:38,680 --> 00:29:41,800 Speaker 1: are propagandists. And I know that you all know that, 547 00:29:42,560 --> 00:29:46,040 Speaker 1: but we need not fifty one percent, but fifty four 548 00:29:46,160 --> 00:29:48,360 Speaker 1: percent of the country to know that, and maybe fifty 549 00:29:48,440 --> 00:29:50,880 Speaker 1: seven percent of the country now you know this is 550 00:29:51,400 --> 00:29:54,400 Speaker 1: This is why I think it does matter. Because they've 551 00:29:54,440 --> 00:29:58,440 Speaker 1: relied on a media industrial complex for a long time 552 00:29:59,120 --> 00:30:01,600 Speaker 1: to do their heavy lift for them as Democrats, and 553 00:30:01,760 --> 00:30:03,880 Speaker 1: we want to make that harder. And they all lied 554 00:30:03,920 --> 00:30:06,239 Speaker 1: about Biden and we caught them and we know and 555 00:30:06,280 --> 00:30:09,200 Speaker 1: now they're trying to wriggle out of any kind of accountability. 556 00:30:09,240 --> 00:30:12,600 Speaker 1: So I don't think it's just a kind of like 557 00:30:12,600 --> 00:30:14,760 Speaker 1: a parlor game here that we on the right are playing. 558 00:30:14,880 --> 00:30:17,400 Speaker 1: I think there is real meaning to it, and also 559 00:30:17,480 --> 00:30:20,440 Speaker 1: just shows you that how ruthless the Democrats are. You 560 00:30:20,480 --> 00:30:23,440 Speaker 1: should all know every day there was there was a 561 00:30:23,520 --> 00:30:25,920 Speaker 1: right choice in a wrong choice in this last election. 562 00:30:26,240 --> 00:30:28,160 Speaker 1: And if you voted for Trump. You made the right choice. 563 00:30:28,200 --> 00:30:32,040 Speaker 1: That's it. That's it. You know, there's no there's no 564 00:30:32,080 --> 00:30:35,000 Speaker 1: other way around it. You know, I view that as 565 00:30:35,120 --> 00:30:39,560 Speaker 1: as clear as day. Let's take here we go. Gg 566 00:30:39,760 --> 00:30:43,240 Speaker 1: Day from North Carolina listens on WPTI play it. 567 00:30:45,400 --> 00:30:50,280 Speaker 5: Please well, but Day from North Carolina, retired Navy on 568 00:30:50,640 --> 00:30:54,800 Speaker 5: tournament seventy limited income. You guys get rid. 569 00:30:54,720 --> 00:30:57,720 Speaker 4: Of Medicare, Social Security thing. 570 00:30:57,600 --> 00:31:00,719 Speaker 5: That I have to support me from my last ten years. 571 00:31:00,920 --> 00:31:02,600 Speaker 5: What the hell am I supposed to do if you 572 00:31:02,760 --> 00:31:06,000 Speaker 5: change the system? No money has an answer? 573 00:31:06,800 --> 00:31:11,120 Speaker 1: Well, well, Dave, the way the answer is you don't 574 00:31:11,200 --> 00:31:13,760 Speaker 1: change it for people who are on it right now. 575 00:31:14,160 --> 00:31:17,840 Speaker 1: That would be wrong, that would be unfair. You made 576 00:31:18,000 --> 00:31:21,120 Speaker 1: your plans, and you paid your taxes, and you did 577 00:31:21,160 --> 00:31:24,160 Speaker 1: your planning with the belief that it would be there 578 00:31:24,240 --> 00:31:28,560 Speaker 1: for you. That is a covenant that the state, so 579 00:31:28,640 --> 00:31:31,600 Speaker 1: to the big s state right that the government has 580 00:31:31,640 --> 00:31:35,080 Speaker 1: made with you. You're not gonna you know, that's not 581 00:31:35,320 --> 00:31:38,800 Speaker 1: what anybody who talks about reforming the system in a 582 00:31:38,880 --> 00:31:41,200 Speaker 1: serious way. But see what they hope, and this is 583 00:31:41,200 --> 00:31:43,800 Speaker 1: what democrats will do, is that they want they want 584 00:31:43,800 --> 00:31:45,800 Speaker 1: the reaction from Dave Oh they're gonna take away your 585 00:31:45,800 --> 00:31:48,480 Speaker 1: Social Security. Oh, they're gonna take away your Medicare. Now 586 00:31:48,560 --> 00:31:53,680 Speaker 1: vote in the communists, you know. No, it's not about 587 00:31:53,840 --> 00:31:56,080 Speaker 1: taking it away from people who have it now. It's 588 00:31:56,120 --> 00:32:00,160 Speaker 1: about looking back, with the numbers in front of you, 589 00:32:01,000 --> 00:32:04,760 Speaker 1: where can we begin to create changes here in off 590 00:32:04,840 --> 00:32:07,719 Speaker 1: ramps so that people have plenty of time and plenty 591 00:32:07,760 --> 00:32:11,000 Speaker 1: of notice for their financial future. That you know, there's 592 00:32:11,040 --> 00:32:14,280 Speaker 1: going to be means testing for Medicare. If you're you know, 593 00:32:14,320 --> 00:32:17,040 Speaker 1: a very wealthy person, you're not going to get Medicare, 594 00:32:17,080 --> 00:32:19,320 Speaker 1: or you'll get some you know, different level of Medicare. 595 00:32:19,360 --> 00:32:21,840 Speaker 1: There's going to be a raise in the retirement age. 596 00:32:22,400 --> 00:32:25,400 Speaker 1: That's not fair if you're sixty four. But if you're 597 00:32:25,640 --> 00:32:27,760 Speaker 1: my age and you're told, you know what you're gonna 598 00:32:27,800 --> 00:32:30,200 Speaker 1: You're not gonna retire sixty five, We're gonna retire sixty seven. 599 00:32:30,800 --> 00:32:30,960 Speaker 2: Uh. 600 00:32:31,200 --> 00:32:34,400 Speaker 1: You know, that's something that's something that I think my 601 00:32:34,520 --> 00:32:37,440 Speaker 1: generation should just say, you know what, We're going to 602 00:32:37,520 --> 00:32:40,480 Speaker 1: live longer than the generation before us on average, So 603 00:32:40,880 --> 00:32:43,080 Speaker 1: I think it's fair that we actually start a little 604 00:32:43,120 --> 00:32:45,440 Speaker 1: later in retirement, you know, a year or two. These 605 00:32:45,640 --> 00:32:48,240 Speaker 1: are the things that we're talking about but see it 606 00:32:48,360 --> 00:32:50,400 Speaker 1: upsets people and they don't want to hear it, and 607 00:32:50,440 --> 00:32:52,880 Speaker 1: they get told the fear mongering, And so all right, 608 00:32:52,920 --> 00:32:56,400 Speaker 1: look we go full thumb on, Louise. We're into convertible. 609 00:32:56,600 --> 00:32:59,360 Speaker 1: Let's take it off the cliff. Let's spend ourselves into 610 00:32:59,400 --> 00:33:02,600 Speaker 1: a big five fire ball at the bottom, you know, 611 00:33:02,800 --> 00:33:06,200 Speaker 1: and let aoc and Bernie Sanders stare at us over 612 00:33:06,200 --> 00:33:08,920 Speaker 1: the cliff. Look, now we're in charge. What are you 613 00:33:08,960 --> 00:33:12,959 Speaker 1: gonna do about that? It's not gonna be good. Father's 614 00:33:13,040 --> 00:33:16,120 Speaker 1: Day is just a couple of weeks away. 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So go to Cardia k A R 635 00:34:17,200 --> 00:34:20,680 Speaker 1: D i A dot com and use code ten six 636 00:34:20,960 --> 00:34:23,960 Speaker 1: L Clay. Check it out today, get a great gift 637 00:34:24,000 --> 00:34:34,359 Speaker 1: for Father's Day. I can't believe we're actually closing up 638 00:34:34,480 --> 00:34:39,600 Speaker 1: shop on play in Bought today for the day out 639 00:34:39,640 --> 00:34:42,280 Speaker 1: here in West Palm Beach, spen some rough weather unfortunately 640 00:34:42,320 --> 00:34:44,279 Speaker 1: a lot of rain, but looking forward to seeing some 641 00:34:44,320 --> 00:34:47,320 Speaker 1: of my friends later on over here. We'll be seeing 642 00:34:47,360 --> 00:34:51,920 Speaker 1: our buddies Clay, Jesse, Kelly, Glenn Beck and others. We're 643 00:34:51,920 --> 00:34:54,640 Speaker 1: all gathering, so it'll be fun to see the crew. 644 00:34:55,200 --> 00:34:57,880 Speaker 1: It's like the it's like the talk radio Avengers. You know, 645 00:34:58,000 --> 00:35:01,560 Speaker 1: we're all getting together ultron style. Or isn't that one 646 00:35:01,600 --> 00:35:04,360 Speaker 1: of those movies. I never really saw those things. I know, 647 00:35:04,440 --> 00:35:07,279 Speaker 1: it's like the big, multi billion dollar Avengers franchise. I 648 00:35:07,280 --> 00:35:10,480 Speaker 1: think I saw one of those movies. I still have 649 00:35:10,520 --> 00:35:12,360 Speaker 1: to work on my idea of writing a screenplay and 650 00:35:12,400 --> 00:35:16,319 Speaker 1: trying to help make cool content that's just about traditional, 651 00:35:16,520 --> 00:35:22,120 Speaker 1: traditional human values and not the constant propaganda. I tried 652 00:35:22,160 --> 00:35:26,160 Speaker 1: to watch The Last of Us, yeah, because I played 653 00:35:26,160 --> 00:35:29,000 Speaker 1: the video game during the pandemic. I gave up video 654 00:35:29,040 --> 00:35:31,719 Speaker 1: games for all my sort of post college life, and 655 00:35:31,719 --> 00:35:33,680 Speaker 1: then the pandemic I started playing them again a little bit, 656 00:35:33,680 --> 00:35:35,399 Speaker 1: and I kind of like video games. I'm not gonna lie. 657 00:35:36,120 --> 00:35:38,759 Speaker 1: Sometimes they're fun, nice way to distress your mind. But 658 00:35:38,880 --> 00:35:40,719 Speaker 1: Last of Us video game was great. And then I 659 00:35:40,760 --> 00:35:43,120 Speaker 1: tried to watch the show on HBO, and I just 660 00:35:44,280 --> 00:35:46,799 Speaker 1: so much wokeness, you know, and it's like not even 661 00:35:46,800 --> 00:35:49,279 Speaker 1: there wasn't even much zombie content. I'm like, I want 662 00:35:49,280 --> 00:35:54,640 Speaker 1: to see these fungus zombies getting all crazy and you know, 663 00:35:54,680 --> 00:35:57,840 Speaker 1: people running around with shotguns and chainsaws, and no. Instead, 664 00:35:57,920 --> 00:36:02,319 Speaker 1: it's woke non sense, so disappointing. But I'm gonna do 665 00:36:02,320 --> 00:36:04,239 Speaker 1: something about that. And I'm gonna do something about the 666 00:36:04,239 --> 00:36:06,960 Speaker 1: show tomorrow. I'll be a here Solo plays on vacation 667 00:36:07,040 --> 00:36:09,120 Speaker 1: with the family. Like I've been telling you so, just 668 00:36:09,160 --> 00:36:12,520 Speaker 1: be me, but send a bunch of talkbacks. Let's start 669 00:36:12,520 --> 00:36:14,359 Speaker 1: the show tomorrow. What do you want me to talk 670 00:36:14,400 --> 00:36:17,680 Speaker 1: about tomorrow? That's a talkback request that you could put 671 00:36:17,719 --> 00:36:22,000 Speaker 1: on the talkback machine anytime between now and tomorrow show. 672 00:36:22,000 --> 00:36:25,080 Speaker 1: What's a topic you want more of or you want 673 00:36:25,080 --> 00:36:28,320 Speaker 1: me to hit that I haven't hit. I'll take talkback 674 00:36:28,360 --> 00:36:32,080 Speaker 1: suggestions for for tomorrow's show. Till then, Shields High talk 675 00:36:32,120 --> 00:36:32,600 Speaker 1: to you soon.