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Speaker 1: Ahead an American Sunrise early edition. Russia is reportedly unfazed

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Speaker 1: by President Trump's new weapons deal for Ukraine and some

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Speaker 1: tariff deadlines. Putin is ready to fight on in the war.

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Speaker 1: So now what The move to cut about one billion

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Speaker 1: dollars in funding for PBSMPR and other public broadcasting plus

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Speaker 1: about eight billion and other cuts is advancing to the

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Speaker 1: full Senate floor. The acts could fall in just a

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Speaker 1: couple of days now. The cuts are already underway at

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Speaker 1: the Department of Education, where the Supreme Court has finally

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Speaker 1: cleared the way for President Trump to significantly gut the department.

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Speaker 1: Now the question is, will anyone see the difference in

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Speaker 1: the classroom. President Trump continues to stand strongly behind Attorney

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Speaker 1: General Pam Bondi and her handling of the Jeffrey Epstein case,

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Speaker 1: but other Republicans, including House Speaker Mike Johnson, are now

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Speaker 1: demanding a full relief of the Epstein files. And just

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Speaker 1: how important is that rare earth mining investment by the

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Speaker 1: Pentagon to save our country and our businesses from Chinese domination.

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Speaker 1: We'll just ask Apple, and it's already thrown about half

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Speaker 1: a billion dollars into the effort on Day one, American

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Speaker 1: Sunrise Early Edition begins.

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Speaker 2: Now, Welcome to American Sunrise Early Edition, the show where faith, freedom,

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Speaker 2: and the values that built this nation takes centers to.

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Speaker 1: Your good deeds and bad deeds. That's how we're gonna

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Speaker 1: judge you.

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Speaker 2: Join host Jake Novak because he breaks down the stories

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Speaker 2: that matter.

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Speaker 1: He will be letting the public know regularly what we

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Speaker 1: have found.

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Speaker 2: American Sunrise Early Edition with your host Jake Novak starts.

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Speaker 1: Now, Welcome to American Sunrise Early Edition. I'm Jake Novak,

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Speaker 1: Yes i am. I'm wearing a pink shirt and Molly

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Speaker 1: Ringwold has called to tell me that I do look

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Speaker 1: better in pink than she does. She's absolutely right. All

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Speaker 1: kidding aside, though, we have yet another very very busy

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Speaker 1: day of news, a very busy overnight of news, and

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Speaker 1: we've got to get you updated on all of it.

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Speaker 1: But we also need to take an assessment of where

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Speaker 1: we are over the last few days. So helping me

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Speaker 1: do that is retired US Air Force Colonel Rob Manis

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Speaker 1: and Colonel I guess you could say that our policy

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Speaker 1: announcements in the last few days regarding the Ukraine Russia

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Speaker 1: War are like the Shakespearean sound and the fury signifying nothing,

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Speaker 1: because Ladimir Putin doesn't seem to be the slightest bit

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Speaker 1: interested in changing course, and that includes caring one bit

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Speaker 1: about the fact that President Trump doesn't want Ukraine to

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Speaker 1: have missiles, or at least use those missiles that could

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Speaker 1: hit Moscow. Colonel this is like, you know that old

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Speaker 1: joke about country music having no effect on plants growing.

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Speaker 1: I don't really see where this is going for us

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Speaker 1: right now.

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Speaker 3: Well, I'm sure from mister Putin's perspective it almost looks

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Speaker 3: like more of the same from the Biden administration. But

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Speaker 3: there's some nuances there that I'm sure he's looking very

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Speaker 3: closely at. You know, the President laid out a fifty

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Speaker 3: day timeline yesterday. The President's made some interesting comments about

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Speaker 3: long range missiles, as we know was reported in the

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Speaker 3: Financial Times, and although he walked back striking Moscow last

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Speaker 3: night late, those comments were made. And mister Trump doesn't

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Speaker 3: do anything without a reason, Jake, as you and I

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Speaker 3: both know, and he's the master of the art of

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Speaker 3: the deal. But I wouldn't expect that if I were

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Speaker 3: mister Putin, that the things were going to go the

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Speaker 3: exact same way that you might have seen in a

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Speaker 3: place like Iran very recently, where the president's coming off

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Speaker 3: of what he sees as a really big win and

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Speaker 3: ninety nine percent of the other people in the world

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Speaker 3: also see it as a big win. So mister Putin's

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Speaker 3: paying attention, I'm sure, even though he's publicly kind of

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Speaker 3: just going, now, we're chill, it's okay. But because the

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Speaker 3: table has changed ever so slightly, and the biggest change

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Speaker 3: is Crump's now fully engaged and he wants a piece deal,

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Speaker 3: I don't think he's changed on.

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Speaker 1: That one iota. Yeah, I don't think so either. And also,

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Speaker 1: of course there's a lot of other games being played

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Speaker 1: on this same playing field, not to mention the trade

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Speaker 1: issue with Europe. I mean, President Trump has very adeptly

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Speaker 1: used this conflict with Russia and Ukraine to get the

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Speaker 1: NATO country the EU countries in NATO to spend more

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Speaker 1: on their own defense, which is helping to pave the

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Speaker 1: way for a better trade deal, because of course, a

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Speaker 1: lot of the stuff that they're spending their money on

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Speaker 1: is American made weapons. So there's just a lot of

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Speaker 1: play pieces on a chessboard in motion right now. I'm

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Speaker 1: not saying we should all just sit back and trust

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Speaker 1: the process. That's why we have news programs. We're going

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Speaker 1: to report it, we're going to talk about it, We're

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Speaker 1: going to try to get some expert analysis and people

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Speaker 1: like Colonel Maynis, but we all have to come into

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Speaker 1: this thing with the humility and the understanding we may

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Speaker 1: not know every little move that's going on right now.

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Speaker 1: I know that helps me sleep at night, but I'll

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Speaker 1: tell you something that I don't like sleeping over, because

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Speaker 1: it's hard to sleep when you remember something. I still say,

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Speaker 1: Colonel that the Biden teams mismanagement of the situation in

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Speaker 1: that region is a big reason why this war is

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Speaker 1: still going on, and of course started in the first place.

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Speaker 1: But that leads me, Colonel, to ask you about what

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Speaker 1: I still believe is the biggest scandal, and it's still

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Speaker 1: developing because we're learning more about it. The biggest political

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Speaker 1: scandal in American history. This is the fact that we

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Speaker 1: had a president previous to President Trump and Joe Biden,

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Speaker 1: who was really not in charge. And we got another

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Speaker 1: example of how little in charge he really was when

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Speaker 1: we learned that he in this autopen scandal that he

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Speaker 1: didn't even know who he was pardoning or granting clemency to.

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Speaker 1: You know, look, we can talk about all these political moves,

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Speaker 1: but you were in the military for all those years.

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Speaker 1: What's it like when you are in a position like

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Speaker 1: that and you know you're commit and in chief is

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Speaker 1: out to lunch. I mean, that can't be good for

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Speaker 1: our national security.

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Speaker 3: What's never happened before to my knowledge in modern times. Now,

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Speaker 3: in the early nineteen hundreds, we saw some things with

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Speaker 3: one presidency, but not like this, not in the age

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Speaker 3: where presidents have nuclear weapons, in the age where we

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Speaker 3: have a nuclear power like Russia that we're facing down,

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Speaker 3: and the globalist and the neo conservatives have basically taken

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Speaker 3: control over the foreign policy.

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Speaker 1: That's why we're where we're at in Ukraine.

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Speaker 3: In my opinion, and one of my questions that I've

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Speaker 3: been asking I get roaring silence from it, Jake, is

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Speaker 3: where were the military aids carrying the nuclear football on

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Speaker 3: this The military aids are commissioned officers. Our whole ethos

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Speaker 3: is one of honor, integrity, loyalty to the Constitution, not

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Speaker 3: to a human being or set of human beings that

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Speaker 3: might be in the offices at the time. We heard

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Speaker 3: not one sound from any military aid or any general

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Speaker 3: officer or admiral supervising those military aids, which are the

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Speaker 3: highest in the land, during this entire process. That should

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Speaker 3: really scare the hell out of every American because that

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Speaker 3: tells me that we could have easily had a silent

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Speaker 3: military coup and nobody would have been the wiser because

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Speaker 3: not one American had the audacity or the moral courage

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Speaker 3: to step out and say this is wrong. We're the

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Speaker 3: United States of America, and you know, we even have

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Speaker 3: a process in the twenty fifth Amendment that the vice

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Speaker 3: president is supposed to lead and the cabinet secretaries are

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Speaker 3: supposed to lead, and those people are supposed to be

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Speaker 3: the best in the land when the president selects them

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Speaker 3: for those jobs. And not one of them broke ranks

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Speaker 3: to come out and say this is not right. We

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Speaker 3: don't have a president. We need to change it. And

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Speaker 3: I don't care who the vice president was. That process

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Speaker 3: should have been being exercised. Those military officers should have

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Speaker 3: been speaking up and raising this alarm, and they didn't,

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Speaker 3: and that's a problem. We need to demand accountability from

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Speaker 3: that entire structure.

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Speaker 1: Yeah, you know, it'd be nice to have some I mean,

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Speaker 1: I guess they need some special training. Those people who

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Speaker 1: are working that closely with the president carrying the nuclear football.

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Speaker 1: I'm sure they've had that training, but maybe they need

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Speaker 1: a refresher. Everyone who does that needs to see what's

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Speaker 1: the chain of command. If you see something that's that's disturbing,

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Speaker 1: how do you go about it? I'm you know, I'm

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Speaker 1: sure you're not saying they should have gotten on the

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Speaker 1: phone and called Fox News. I think the question there

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Speaker 1: was obviously another way to go about this, and they

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Speaker 1: didn't do that either. Let's go to the Middle East now,

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Speaker 1: because we have something brewing here. Israel very bluntly warned

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Speaker 1: the new regime in Syria yesterday that if it doesn't

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Speaker 1: stop massacring the Drews in Syria and Christians too. By

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Speaker 1: the way, it isn't just the Drews. And for those

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Speaker 1: of you who don't know who the Jews are, the

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Speaker 1: Jews are a breakoff group from mainstream Islam, and the Jews,

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Speaker 1: especially in Israel, ever loyal to Israel. They fight in

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Speaker 1: the Israeli Army and in parts of Syria. They live

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Speaker 1: in eleven and two, where they live under a lot

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Speaker 1: of persecution, but it's never been as bad as this.

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Speaker 1: And of course the IDF sent the Israeli sent a

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Speaker 1: message to the Syrian regime yesterday that they don't stop

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Speaker 1: massacring the DRUS and the Christians in Syria, that regime

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Speaker 1: is gonna end in the matter of hours. It is

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Speaker 1: a very dramatic message. And as we speak right now,

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Speaker 1: Israel is using drones to attack that Syrian regime, those

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Speaker 1: Syrian basically terrorists killing the DRUS right now, and hopefully

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Speaker 1: that will stop the massacre. Look, I gotta say this is,

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Speaker 1: you know, as bad as this is and as sad,

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Speaker 1: this is harm a humanitarian standpoint, You know what I

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Speaker 1: like about this, Colonel Manus, We're not doing anything. The

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Speaker 1: United States is watching this. This is Israel's got this,

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Speaker 1: and you know, I think they've got this. We don't

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Speaker 1: have to get involved in this. And I don't think

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Speaker 1: that there are American troops I don't think you can

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Speaker 1: correct me if I'm wrong, that are in harm's way

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Speaker 1: right now over this.

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Speaker 3: Yeah, I don't think there are American troops in harm's way.

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Speaker 3: And don't forget Hesbolo killed a bunch of DRUS kids

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Speaker 3: on a soccer field.

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Speaker 1: If I remember correctly, not that long ago.

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Speaker 3: And that's why Israel has this really strong relationship with

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Speaker 3: the Jerus community, both inside Israel itself and inside southern

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Speaker 3: Syria there and why I wasn't surprised when they laid

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Speaker 3: out the stakes of essentially putting a demilitarized zone self

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Speaker 3: declared by the Israeli government when the a Soid regime fell,

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Speaker 3: and it was the right thing for them to do

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Speaker 3: to protect these people, because as you can see, the

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Speaker 3: Islamists in charge of the Syrian army now have a

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Speaker 3: penchant for going after their enemies. They've been going after

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Speaker 3: the Alla Whites. They've killed hundreds of them. Christian Church

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Speaker 3: was invaded not too long ago and killed a whole

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Speaker 3: bunch of Christians, and the media didn't even hardly report

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Speaker 3: on it. And I think the Israeli government's doing the

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Speaker 3: right thing, and the United States is doing the right

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Speaker 3: thing by staying out of it at this point. But

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Speaker 3: I got to tell you, Jake, this was we predicted this.

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Speaker 3: You and I both know that when the Asad regime fell,

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Speaker 3: that was one of the risks was that the Islamis

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Speaker 3: would be able to take over this country too, and

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Speaker 3: we'd end up with a fractured state that was centrally

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Speaker 3: controlled by an Islamish regime, and it looks like we're

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Speaker 3: headed in that direction.

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Speaker 1: Unfortunate. Yeah, what is unusual is I don't think there's

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Speaker 1: ever been an Islamist group that has had that immediate

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Speaker 1: pushback as soon as they started to try to do

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Speaker 1: this kind of massacre stuff. I mean, it's interesting. Usually

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Speaker 1: it takes years for anyone to respond to it, and

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Speaker 1: we're entering a FATA complee. Very interesting that the Israelis

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Speaker 1: are pushing back on it, trying to stop it before

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Speaker 1: it gets any worse. Finally, Colonel, we both know there

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Speaker 1: are still a lot of things going on in the

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Speaker 1: Defense Department. Old policies, although they're not that old, but

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Speaker 1: certainly pre Trump woke policies, all kinds of stuff that

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Speaker 1: are just really not part of our defense mission. We

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Speaker 1: can have a cultural discussion at another time in another venue.

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Speaker 1: So you pointed out that there's a good social media

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Speaker 1: account that's monitoring this. I think it's called d D Watch.

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Speaker 1: Can you tell me a little bit about that. Yeah.

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Speaker 3: D D Watch has been around for a couple of

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Speaker 3: years now, and they basically are tracking the activities. It

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Speaker 3: started out inside the Biden administration, obviously, of the woke

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Speaker 3: activities going on in the Department of Defense. And the

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Speaker 3: really good thing about them is they haven't stopped just

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Speaker 3: because the administration changed, even though you know, we've all

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Speaker 3: seen the wonderful moves by Secretary Hegseth and President Trump

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Speaker 3: through executive orders, and it's even been declared that woke

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Speaker 3: is dead in the military. We know, and you know, Jake,

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Speaker 3: it's the biggest bureaucracy in the world. And bureaucracies tend

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Speaker 3: to have policies that live on forever and ever. And

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Speaker 3: DoD Watch still has eyes on there. That's why I'm

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Speaker 3: supporting them, and I want everybody to go follow that

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Speaker 3: account because we've got to know. If we know, then

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Speaker 3: we can raise the alarm. And President Trump and Secretary

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Speaker 3: hegsas team will know because they can't see everything and

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Speaker 3: it's still out there.

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Speaker 1: Yeah, and I was looking at this group. The DOODD

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Speaker 1: Watch deserves a lot more followers than it has right now.

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Speaker 1: I love when we give someone a positive shot in

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Speaker 1: the arm on this program. And by the way, I

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Speaker 1: got two words for anyone, especially you, colonel who talks

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Speaker 1: about defense department mismanagement and bureaucracy. My low mindbender. Those

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Speaker 1: of you who know that reference, tell me about it

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Speaker 1: on Get Her and Rumble. You can read the book

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Speaker 1: or watch it you'll I'll tell you the title when

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Speaker 1: we come back. Colonel Rob Manas. He's also the host

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Speaker 1: of the Rob Manas Show. You can watch it Monday

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Speaker 1: through Friday. Thank you so much for joining us. I

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Speaker 1: know it's only Wednesday, but have a good weekend. Thanks

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Speaker 1: shake all right, coming up, the President isn't backing down

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Speaker 1: from defending Attorney General Pam Bondi's handling of the Jeffrey

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Speaker 1: Epstein's case, but she's going to need to change course

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Speaker 1: pretty soon no matter what. I'll explain why. And I

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Speaker 1: just feel dirty all that reporting I've been doing about

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Speaker 1: some of that new tech. It hurts where you, you know,

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Speaker 1: go through a little drive through with AI. I was

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Speaker 1: talking about how great it was, and I was talking

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Speaker 1: about how not great it was. Both of those things.

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Speaker 1: I feel like I was part and accessory to a crime.

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Speaker 1: I'm going to fix all that in a few minutes

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Speaker 1: when American Sunrise Early Edition continues. All right, we have

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Speaker 1: a live shot of somewhere in America right now. Who

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Speaker 1: can guess what city that is? We'll find out in

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Speaker 1: just a minute. Welcome back to American Sunrise early edition.

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Speaker 1: This is a Wednesday. I'm Jake Novak. Thank you to everyone,

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Speaker 1: and get her and rumble. You guys are often running

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Speaker 1: with your comments, jokes, a few arguments. That's the way

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Speaker 1: it works in AM because that's okay. Uh. When I

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Speaker 1: say that President Trump is still backing Attorney General Pam

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Speaker 1: Bondi on this Epstein thing, I mean it. Listen to this.

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Speaker 4: The President, your going, mister President, your daughter in law

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Speaker 4: stand that there that there should be transparency in the

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Speaker 4: Epstein case.

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Speaker 5: You agree with her, sir. The Attorney General's handled that

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Speaker 5: very well. She is. She's really done a very good job.

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Speaker 5: And I think that.

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Speaker 6: When you look at it, you'll understand that I would

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Speaker 6: like to see that also, But.

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Speaker 5: I think the Attorney general the.

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Speaker 6: Credibility is very important and you want credible evidence or

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Speaker 6: something like that, and I think the Attorney General has

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Speaker 6: handled it very well.

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Speaker 5: The attorney.

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Speaker 4: On the DJ and FBI review, the findings of that review,

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Speaker 4: the Attorney General.

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Speaker 6: What on the what but what subject?

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Speaker 5: The review of the file, very very quick briefing and

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Speaker 5: can you tell you what did she tell you about specifically?

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Speaker 5: Did she tell you and all that your name appeared?

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Speaker 6: And no, she's she's given us just a very quick briefing.

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Speaker 6: And in terms of the credibility of the different things

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Speaker 6: that they've seen, and I would say that, you know,

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Speaker 6: these files were made up by Komi, they were made

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Speaker 6: up by Obama, they were made up by the Biden

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Speaker 6: from you know, uh we and we went through years

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Speaker 6: of that with the Russia Russia Russia hoax, with all

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Speaker 6: of the different things that we had to go through.

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Speaker 6: We've gone through years of it. But she's handled it

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Speaker 6: very well and it's going to be up to her.

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Speaker 6: Whatever she thinks is credible, she should release.

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Speaker 1: Yeah, all right, I don't think it takes a genius

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Speaker 1: to guess. This position will not last, folks. And now

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Speaker 1: even House Speaker Mike Johnson is demanding Bonnie turnover those

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Speaker 1: Epstein files to the public. Stay tuned. We'll have a

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Speaker 1: lot more on this throughout the morning. Now, another thing

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Speaker 1: going on in Capitol Hill right now, the move to

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Speaker 1: cut one billion dollars in funding from PBS and NPR

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Speaker 1: is moving ahead. It's about nine billion in funding overall.

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Speaker 1: A couple of points. I'm going to talk a little

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Speaker 1: bit more about this with David Brody at the end

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Speaker 1: of the hour, but I want everyone to understand a

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Speaker 1: couple of things. First of all, the popular shows on

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Speaker 1: PBS and NPR have an economic power that goes beyond

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Speaker 1: government funding. Talking about Sesame Streets, maybe you don't like

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Speaker 1: that show, but it is popular. A few other shows

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Speaker 1: on MPR they have backing that they have an audience.

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Speaker 1: They don't need government funding. It's like you and me

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Speaker 1: giving tax money to Apple. They don't need it. Okay,

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Speaker 1: they have a strong audience. Second of all, hey, elon Musk.

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Speaker 1: A lot of these cuts the Senate is voting on

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Speaker 1: right now, and President Trump and jd Vance and John

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Speaker 1: thun are busting their butts to get through that has

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Speaker 1: a lot to do with the work you and Doge did,

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Speaker 1: and you're not even sending any encouragement to it. I

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Speaker 1: don't know if you're so interested in cutting the budget.

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Speaker 1: After all, if I were you, i'd be cheerleading this effort.

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Speaker 1: I know it's not all the money you want cut,

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Speaker 1: but a lot of these cuts that they're dealing with

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Speaker 1: right now are because of the work that you guys

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Speaker 1: put out there, come on elon musk time to be

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Speaker 1: a cheerleader. I guess he's not interested, Okay. Joining us

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Speaker 1: now is one of the co founders of the company

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Speaker 1: that sponsors Moving America, which is coming up in a

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Speaker 1: few minutes every day here on Real America's Voice American

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Speaker 1: Sunrise Our Leadership. His name is Michael Britton. He's from

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Speaker 1: Artillery Tea Company. Michael, our viewers may still be a

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Speaker 1: little bit unaware of how special your company is, even

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Speaker 1: though they see that little ad from you every day

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Speaker 1: that I talk about. So go for it. Tell them

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Speaker 1: what got you to start this company and what it's

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Speaker 1: all about.

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Speaker 7: Yeah, thanks, Jake. So what got me to start this

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Speaker 7: company was I was a big coffee fan, but as

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Speaker 7: a patriot too, I want to support certain brands, right,

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Speaker 7: Coffee started to keep me up at night. I started

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Speaker 7: looking at alternatives, particularly tea, something that can still get

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Speaker 7: me be caffeinated. But there is just no patriotic, mission

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Speaker 7: driven brands out there at all, and so that kind

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Speaker 7: of gave us the jump start to start this company,

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Speaker 7: Artillery Tico. What we offer is Sachet's Tea bags, but

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Speaker 7: we're using the full leaves we're using the premium top

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Speaker 7: graded leaves, and the tea bags themselves are free from chemicals,

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Speaker 7: free from plastic, bleach, paper, glue, all that sort of

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Speaker 7: thing that's in regular tea bags, and so we also

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Speaker 7: have them to be reusable. You can get two bags

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Speaker 7: out of each cup, and we partner with nonprofit veteran

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Speaker 7: and first responder organizations to give a portion of each

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Speaker 7: sale to one of those causes.

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Speaker 1: So, I know, let's talk about that. I know that

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Speaker 1: Artillery T teams up with some amazing charities and foundations

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Speaker 1: and groups like that. So tell us AB, that's some

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Speaker 1: of your partners right now who you're giving back to.

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Speaker 7: Yeah, We' working with two main ones right now. One

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Speaker 7: is called Fifth Squad. They help veterans with emergency expenses

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Speaker 7: like groceries and utilities, rent gas and things like that.

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Speaker 7: We've been able to sponsor a few veterans through that program.

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Speaker 7: And another one is called Working Dogs for Vets. They

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Speaker 7: supply trained service animals to disabled veterans too, and so

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Speaker 7: we were able to actually sponsor a whole dog, like

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Speaker 7: the purchase of the dog and then the funding of

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Speaker 7: the full amount of his training before they're given to

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Speaker 7: a veteran. We've been able to do that as well.

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Speaker 1: You know, is this something I mean, you guys are

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Speaker 1: all veterans, right man. I think the three brothers who

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Speaker 1: found in the country, some of you are. Tell me

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Speaker 1: a little bit about, you know, your personal background and

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Speaker 1: your brothers.

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Speaker 7: Yeah, one of us is a veteran. There's three of

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Speaker 7: us brothers that founded it. My younger brother is a

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Speaker 7: ten year Army veteran, and this is there's a lot

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Speaker 7: of him behind this brand too. I mean, this is

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Speaker 7: a lot of his idea, a lot of the branding,

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Speaker 7: and a lot of the nonprofits that we choose to

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Speaker 7: partner with. He has a lot of influence in that,

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Speaker 7: and a lot of influence through the design and the

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Speaker 7: packaging and those sorts of things. He comes down to

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Speaker 7: the shop all the time and is personally shipping everybody's order.

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Speaker 7: I mean he probably ships eighty ninety percent of the

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Speaker 7: orders that come in. And so he's his hands are

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Speaker 7: all over this thing and they're going to continue to

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Speaker 7: be as we grow as well.

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Speaker 1: Yeah. I mean, it's it's amazing that there's still a

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Speaker 1: little spot in America, in our business world for these

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Speaker 1: kinds of efforts. I think a lot of people think

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Speaker 1: everything's automated, even if it's a quote unquote small company,

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Speaker 1: and you know, you're talking about real human hands, the

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Speaker 1: actual founders, touching this product and putting it in the

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Speaker 1: box to send it to people. I just like that idea.

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Speaker 1: I think that that really changes the game. Michael. You've

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Speaker 1: also chosen to set things up in your hometown of Bellefont, Pennsylvania.

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Speaker 1: Tell me a little bit more about this town, where

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Speaker 1: it is in the state, what it's like there, and

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Speaker 1: why you decided to set up there. I mean, you

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Speaker 1: could have gone somewhere else, I'm sure. I mean, I

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Speaker 1: think it's kind of a little bit part of your

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Speaker 1: give back a little bit, but I like to hear

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Speaker 1: a little bit more about the town that this comes from,

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Speaker 1: because you know, so many of our products are made

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Speaker 1: somewhere in China we've never heard of, so this is

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Speaker 1: a different, different story altogether.

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Speaker 7: Yeah, Bellefont, Pennsylvania is in about the exact center of

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Speaker 7: the state of Pennsylvania. It's in Center County, near Penn

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Speaker 7: State University. What it's like here is you have the

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Speaker 7: kind of liberal hub of Penn State's university town. It's

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Speaker 7: pretty it gets fairly blue, but all the surrounding areas

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Speaker 7: are red. And I'm sure a lot of people can

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Speaker 7: relate to that. All these big cities that are that

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Speaker 7: are super blue. Everybody else in the state seems to

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Speaker 7: be read. In this state, it's it's Pittsburgh, it's Philly,

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Speaker 7: it's state college. On a smaller level, that's where Penn

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Speaker 7: State University is. But we really wanted to get involved locally,

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Speaker 7: be involved in local community, local politics, and so we

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Speaker 7: wanted to set everything up in our in our hometown

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Speaker 7: where we're still a little small like us three co

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Speaker 7: founders do most of the work for the company still,

434
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Speaker 7: but we still we do have one guy that we

435
00:22:16,359 --> 00:22:18,280
Speaker 7: that we hired part time to help us out in

436
00:22:18,400 --> 00:22:20,800
Speaker 7: packaging and things. So we did want to supply jobs

437
00:22:20,800 --> 00:22:22,560
Speaker 7: to the local area as well.

438
00:22:23,680 --> 00:22:25,840
Speaker 1: I love that you local, local guys are making good

439
00:22:25,840 --> 00:22:29,000
Speaker 1: and really working hard. Michael Britain, Artillery Tea Company, Thanks

440
00:22:29,040 --> 00:22:31,119
Speaker 1: so much for joining us in stay tuned for the

441
00:22:31,160 --> 00:22:33,760
Speaker 1: Moving America segment you sponsor every day coming up in

442
00:22:33,840 --> 00:22:36,680
Speaker 1: just a few minutes, and also coming up, it's what

443
00:22:36,720 --> 00:22:40,200
Speaker 1: does the latest inflation report really tell us about prices

444
00:22:40,240 --> 00:22:42,560
Speaker 1: at the stores and in the showrooms in America. I'll

445
00:22:42,560 --> 00:22:55,040
Speaker 1: have some answers when American Sunrise early edition comes right back. Okay,

446
00:22:55,080 --> 00:22:57,440
Speaker 1: so did you guess that it was Boston, Massachusetts? The

447
00:22:57,440 --> 00:23:00,000
Speaker 1: reason why I guess I kind of. I kind of

448
00:23:00,160 --> 00:23:01,719
Speaker 1: thought so because of that bridge, and I was going

449
00:23:01,760 --> 00:23:04,560
Speaker 1: to guess Boston with then it I saw that WBZ

450
00:23:04,640 --> 00:23:06,679
Speaker 1: if you can look really closely at the screen, and

451
00:23:06,720 --> 00:23:09,760
Speaker 1: that's a Boston station. I saw that little bug in there.

452
00:23:09,840 --> 00:23:11,960
Speaker 1: So that's how I guessed it. I cheated a little bit.

453
00:23:12,080 --> 00:23:13,439
Speaker 1: Let's take a look at where the markets are going

454
00:23:13,440 --> 00:23:15,040
Speaker 1: to begin today. We had a big sell off on

455
00:23:15,080 --> 00:23:18,359
Speaker 1: the Dow, but again on the Nasdaq yesterday. Looks like

456
00:23:18,400 --> 00:23:20,320
Speaker 1: we're going to be flat as we open today. It's

457
00:23:20,359 --> 00:23:22,600
Speaker 1: earning season, and I'll talk a little bit about that

458
00:23:22,640 --> 00:23:25,840
Speaker 1: in a second. Gold is up and crude oil down.

459
00:23:25,920 --> 00:23:27,879
Speaker 1: Now I see a sixty five hand on crude oil.

460
00:23:27,920 --> 00:23:30,560
Speaker 1: Let's take a look at bitcoin, because bitcoin's been wild

461
00:23:30,600 --> 00:23:33,000
Speaker 1: the last couple of hours. It got open, you know,

462
00:23:33,040 --> 00:23:34,919
Speaker 1: as you know, it got over one hundred and one

463
00:23:35,000 --> 00:23:39,120
Speaker 1: twenty one the other day, went down below one seventeen overnight.

464
00:23:39,160 --> 00:23:41,800
Speaker 1: Now it's back closer to one nineteen. Okay, let's talk

465
00:23:41,840 --> 00:23:44,159
Speaker 1: a little bit more about that June inflation report that

466
00:23:44,200 --> 00:23:47,000
Speaker 1: I previewed here on this program for you yesterday. Remember

467
00:23:47,040 --> 00:23:49,679
Speaker 1: I told you that economists were looking for an annual

468
00:23:49,720 --> 00:23:52,199
Speaker 1: inflation rate of two point six percent, and they were

469
00:23:52,240 --> 00:23:54,520
Speaker 1: looking for a monthly gain of zero point three percent.

470
00:23:54,560 --> 00:23:56,880
Speaker 1: They were half right. We did get a zero point

471
00:23:56,880 --> 00:23:59,040
Speaker 1: three percent increase in inflation in June. That was as

472
00:23:59,080 --> 00:24:01,920
Speaker 1: expected if you strip out food and energy the core

473
00:24:02,040 --> 00:24:03,359
Speaker 1: rate is what they call it for those of you

474
00:24:03,359 --> 00:24:06,160
Speaker 1: who want to be wonky. That came in cooler than expected,

475
00:24:06,240 --> 00:24:08,400
Speaker 1: so that was the good news. But the annual rate

476
00:24:08,440 --> 00:24:10,760
Speaker 1: came in at two point seven a little hotter than expected.

477
00:24:10,920 --> 00:24:14,560
Speaker 1: It's basically a wash. It's what was expected what wasn't

478
00:24:14,600 --> 00:24:17,120
Speaker 1: expected by the people who have been doomed sayers about

479
00:24:17,119 --> 00:24:19,200
Speaker 1: the tariffs. They were saying that we were going to

480
00:24:19,240 --> 00:24:22,120
Speaker 1: have an inflation rate that's going to blow up any day. Now.

481
00:24:22,200 --> 00:24:24,280
Speaker 1: They've been saying that for three months in counting. Hey,

482
00:24:24,280 --> 00:24:26,360
Speaker 1: it may still happen, but they've been wrong so far.

483
00:24:26,840 --> 00:24:29,680
Speaker 1: All right, now for more of that sexy, sexy topic.

484
00:24:30,040 --> 00:24:32,879
Speaker 1: You know I'm going to talk about it rare earth. Okay,

485
00:24:32,920 --> 00:24:35,320
Speaker 1: I know it's not that sexy. But how about five

486
00:24:35,400 --> 00:24:38,080
Speaker 1: hundred million dollars? Is that sexy enough for you? That's

487
00:24:38,119 --> 00:24:41,720
Speaker 1: what Apple is spending on day one for a contract,

488
00:24:41,800 --> 00:24:44,200
Speaker 1: a rare earth contract for some magnets that they need

489
00:24:44,240 --> 00:24:47,960
Speaker 1: for all their technology with MP Materials. That's the company

490
00:24:48,200 --> 00:24:50,800
Speaker 1: that the Pentagon announced on Monday they're going to be

491
00:24:50,800 --> 00:24:54,080
Speaker 1: the number one shareholder of. Because rare earths are dominated

492
00:24:54,080 --> 00:24:56,760
Speaker 1: mostly by China. That is a threat to our economy,

493
00:24:56,840 --> 00:25:00,000
Speaker 1: a threat to our national security. And Apple is immediately

494
00:25:00,160 --> 00:25:03,159
Speaker 1: putting out some serious money knowing that they want to

495
00:25:03,200 --> 00:25:05,960
Speaker 1: be an American company and not dominated by the Chinese.

496
00:25:06,160 --> 00:25:09,359
Speaker 1: MP Materials, By the way, that company gained twenty percent.

497
00:25:09,400 --> 00:25:11,919
Speaker 1: Their share is gained twenty percent yesterday and are up

498
00:25:11,960 --> 00:25:14,600
Speaker 1: another four percent in the pre market today. Over the

499
00:25:14,640 --> 00:25:18,080
Speaker 1: last five days. Get this, MP material shares are up

500
00:25:18,200 --> 00:25:22,159
Speaker 1: ninety percent. Okay, good, that's sexy. That's sexy all right.

501
00:25:22,200 --> 00:25:25,680
Speaker 1: Speaking of vital US interests and protecting them from the Chinese,

502
00:25:25,920 --> 00:25:28,879
Speaker 1: there is more evidence that the Trump administration will be

503
00:25:28,960 --> 00:25:32,880
Speaker 1: slapping total total bands or at least big big tariffs

504
00:25:33,160 --> 00:25:37,040
Speaker 1: on Chinese solar panels and Chinese made drones. Now, this

505
00:25:37,160 --> 00:25:40,880
Speaker 1: is obviously not just an economic situation. It's also national security.

506
00:25:40,880 --> 00:25:43,640
Speaker 1: There's people who believe that there is some data collecting

507
00:25:43,760 --> 00:25:47,440
Speaker 1: surveillance technology in some of these solar panels. Certainly they're

508
00:25:47,480 --> 00:25:50,760
Speaker 1: in the drones. This is not a joke, but this

509
00:25:50,880 --> 00:25:53,040
Speaker 1: is great news for some of these American companies that

510
00:25:53,160 --> 00:25:55,920
Speaker 1: are ready to make all these products here in the

511
00:25:56,000 --> 00:25:58,160
Speaker 1: United States. So for those of you who think Donald

512
00:25:58,200 --> 00:26:00,000
Speaker 1: Trump is not a friend of the solar companies, well

513
00:26:00,000 --> 00:26:02,200
Speaker 1: well he's a friend of the American solar companies because

514
00:26:02,240 --> 00:26:06,280
Speaker 1: First Solar shares close seven percent higher yesterday. Yeah, it's

515
00:26:06,280 --> 00:26:08,280
Speaker 1: going to be more expensive and everything else like that,

516
00:26:08,320 --> 00:26:10,480
Speaker 1: But I'm sorry. You can't have China spying on us

517
00:26:10,600 --> 00:26:13,520
Speaker 1: and taking over a vital part of our economy. All right,

518
00:26:13,560 --> 00:26:27,879
Speaker 1: ladies and gentlemen, start your engines moving America. Sponsored by

519
00:26:28,000 --> 00:26:32,040
Speaker 1: Artilleryteacompany dot com. Use promo code rab for ten percent

520
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Speaker 1: off your first order. We were just talking to one

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Speaker 1: the tea bags are chemical free, and each tea bag

523
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527
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Speaker 1: first order. The customer is always right, and right now,

528
00:26:56,080 --> 00:26:59,920
Speaker 1: most American customers don't want to buy evs, and that's

529
00:27:00,080 --> 00:27:03,400
Speaker 1: even before the special tax credit to buy them expires

530
00:27:03,400 --> 00:27:05,960
Speaker 1: at the end of September. We have seen EV demand

531
00:27:06,040 --> 00:27:09,399
Speaker 1: going down for a good year. Now all right, GM

532
00:27:09,520 --> 00:27:11,840
Speaker 1: is getting the message and it is now preparing to

533
00:27:11,880 --> 00:27:14,520
Speaker 1: convert what was supposed to be an EV only plant

534
00:27:14,960 --> 00:27:18,320
Speaker 1: in Orion Township, Michigan, to a factory that will now

535
00:27:18,359 --> 00:27:24,520
Speaker 1: manufacture gas powered Silverado trucks, GMC Sierras and the Cadillac Escalade.

536
00:27:25,000 --> 00:27:27,440
Speaker 1: I love the smell of petroleum in the morning. It

537
00:27:27,560 --> 00:27:31,639
Speaker 1: smells like victory. Thank you, Robert Duvall. Okay, here's some

538
00:27:31,680 --> 00:27:35,960
Speaker 1: more victory. Volvo's very popular crossover SUVs, the X sixty

539
00:27:36,320 --> 00:27:39,000
Speaker 1: and the XC ninety, are now about to be made

540
00:27:39,000 --> 00:27:42,679
Speaker 1: in South Carolina. That's at Volvo's relatively new plant not

541
00:27:42,720 --> 00:27:45,240
Speaker 1: far from Charleston. This is all because of the tarifs,

542
00:27:45,800 --> 00:27:47,879
Speaker 1: and this is all what any sane company would do

543
00:27:47,920 --> 00:27:50,920
Speaker 1: even without tariffs. Call me crazy, but you should make

544
00:27:50,960 --> 00:27:54,879
Speaker 1: the products closest to the people who actually buy the products.

545
00:27:55,200 --> 00:27:58,560
Speaker 1: Tarifs are no tariffs. Thank you, Volvo for coming to

546
00:27:58,960 --> 00:28:01,960
Speaker 1: your sane reality. Now back to evs. Whant I talked

547
00:28:01,960 --> 00:28:03,959
Speaker 1: about them for a second, because we are in a

548
00:28:04,080 --> 00:28:09,359
Speaker 1: full blown financial and political scandal growing in China right now.

549
00:28:09,440 --> 00:28:11,879
Speaker 1: That's because a number of this sounds like an American story,

550
00:28:11,880 --> 00:28:14,200
Speaker 1: but it isn't. There's because of a number of ev

551
00:28:14,400 --> 00:28:17,920
Speaker 1: companies in China have been taking massive subsidies from the

552
00:28:18,000 --> 00:28:21,639
Speaker 1: Chinese government but not really producing anywhere near enough cars

553
00:28:21,680 --> 00:28:26,920
Speaker 1: to justify those subsidies. Hmmm, that's not good. Any sayan

554
00:28:27,000 --> 00:28:29,159
Speaker 1: economists would have predicted that that's what happens when the

555
00:28:29,160 --> 00:28:32,199
Speaker 1: governments give out free money. You don't really get as

556
00:28:32,280 --> 00:28:34,280
Speaker 1: much product as you think you're going to get. But

557
00:28:34,359 --> 00:28:36,960
Speaker 1: this is communist China with the Communist Chinese Party, so

558
00:28:37,040 --> 00:28:39,880
Speaker 1: let me tell you something. All kidding aside, the managers

559
00:28:39,880 --> 00:28:42,840
Speaker 1: of those companies could be hit with brutal prison sentences.

560
00:28:42,840 --> 00:28:44,640
Speaker 1: We've seen this in the past from some of the

561
00:28:44,640 --> 00:28:46,680
Speaker 1: business leaders there who run a foul of the government,

562
00:28:46,840 --> 00:28:48,920
Speaker 1: and going to prison maybe actually the best they can

563
00:28:48,960 --> 00:28:51,480
Speaker 1: hope for. There have been people in China managers of

564
00:28:51,480 --> 00:28:55,640
Speaker 1: companies who put together, for example, faulty products who got executed.

565
00:28:56,080 --> 00:28:58,080
Speaker 1: I don't know if anyone's going to get executed over this,

566
00:28:58,400 --> 00:29:00,680
Speaker 1: but there's going to be some prison. That's the way

567
00:29:00,680 --> 00:29:03,280
Speaker 1: they work in China. Now. It's not often that I

568
00:29:03,280 --> 00:29:05,840
Speaker 1: feel like I've been an accessory to a crime, But

569
00:29:05,920 --> 00:29:08,920
Speaker 1: after learning all the details about that AI drive through,

570
00:29:08,960 --> 00:29:10,760
Speaker 1: it hurts that I told you about And remember I

571
00:29:10,800 --> 00:29:12,720
Speaker 1: first reported it. I think I'm pretty sure on the

572
00:29:12,720 --> 00:29:15,120
Speaker 1: first TV news program to report this to you, I

573
00:29:15,200 --> 00:29:16,880
Speaker 1: first reported it as a way for people to save

574
00:29:16,960 --> 00:29:19,200
Speaker 1: time when you drop your car off. Well that isn't

575
00:29:19,200 --> 00:29:21,800
Speaker 1: so true. I found that out. Then I reported and said, hey,

576
00:29:21,800 --> 00:29:24,480
Speaker 1: wait a minute, this AI machine is finding little itty

577
00:29:24,520 --> 00:29:28,160
Speaker 1: bitty scratches and smudges and charging people for them. So

578
00:29:28,200 --> 00:29:31,120
Speaker 1: I warned you about that, But now I have found

579
00:29:31,160 --> 00:29:33,120
Speaker 1: out that when you go to Hurtz and rent a car,

580
00:29:33,240 --> 00:29:35,280
Speaker 1: they tell you about this. I say, hey, we have

581
00:29:35,360 --> 00:29:38,000
Speaker 1: this new AI thing that catches every little smudge. Do

582
00:29:38,080 --> 00:29:41,600
Speaker 1: you want to buy insurance, a special extra insurance for

583
00:29:41,720 --> 00:29:45,200
Speaker 1: damage at fifty dollars a day? So you see where

584
00:29:45,240 --> 00:29:47,520
Speaker 1: I'm going here. This whole thing has been a racket.

585
00:29:47,960 --> 00:29:49,840
Speaker 1: They've been getting people like me to report on the

586
00:29:49,880 --> 00:29:52,600
Speaker 1: little on the sensitivities of this machine to get you

587
00:29:52,640 --> 00:29:54,720
Speaker 1: to go and buy that extra insurance hurts if you

588
00:29:54,760 --> 00:29:58,160
Speaker 1: are listening, stop this scam right now. It's just not nice.

589
00:29:58,920 --> 00:30:01,200
Speaker 1: And hey, if you're gonna listen, let me let me

590
00:30:01,200 --> 00:30:04,800
Speaker 1: tell my viewers rent somewhere else. This is crazy AI

591
00:30:04,960 --> 00:30:08,120
Speaker 1: versus humans. That's terminator stuff. It shouldn't happen at my

592
00:30:08,160 --> 00:30:10,240
Speaker 1: rent a car store. All right. Coming up, one of

593
00:30:10,280 --> 00:30:13,600
Speaker 1: America's longest running experts on real inflation is about to

594
00:30:13,680 --> 00:30:15,480
Speaker 1: join us. I've known him for a long time. He's

595
00:30:15,480 --> 00:30:17,040
Speaker 1: gonna help us get to the bottom of what the

596
00:30:17,040 --> 00:30:20,920
Speaker 1: real prices are and whether tariffs are responsible. And let's

597
00:30:20,960 --> 00:30:24,200
Speaker 1: talk more about those big tech companies and how they

598
00:30:24,200 --> 00:30:27,120
Speaker 1: are starting to understand that they can't rely on China

599
00:30:27,600 --> 00:30:30,560
Speaker 1: or trust the CCP. Will they learn this lesson the

600
00:30:30,600 --> 00:30:33,840
Speaker 1: hard way or the easier way? American Sunrise Early edition

601
00:30:34,160 --> 00:30:56,240
Speaker 1: will be right back. It's Wednesday, July sixteenth. Here this

602
00:30:56,280 --> 00:31:01,000
Speaker 1: morning's top stories. Russia is reportedly unphased by President Trump's

603
00:31:01,000 --> 00:31:04,840
Speaker 1: new weapons deal for Ukraine and those tariff deadlines. Putin

604
00:31:04,920 --> 00:31:07,040
Speaker 1: is ready to fight on in the war. So now

605
00:31:07,080 --> 00:31:11,840
Speaker 1: what President Trump continues to stand strongly behind Attorney General

606
00:31:11,880 --> 00:31:14,760
Speaker 1: Pam Bondi and her handling of the Jeffrey Epstein case,

607
00:31:15,320 --> 00:31:18,280
Speaker 1: but other Republicans, including House Speaker Mike Johnson, are now

608
00:31:18,320 --> 00:31:23,280
Speaker 1: demanding a full release of the Epstein files. The move

609
00:31:23,360 --> 00:31:26,960
Speaker 1: to cut about one billion dollars in funding for PBSMPR

610
00:31:27,080 --> 00:31:30,960
Speaker 1: and other public broadcasting oh on about eight billion dollars

611
00:31:30,960 --> 00:31:33,920
Speaker 1: of other funding is advancing to the full Senate floor.

612
00:31:33,960 --> 00:31:36,200
Speaker 1: The acts could fall in just a couple of days now.

613
00:31:37,840 --> 00:31:41,320
Speaker 1: And just how important is that rare earth mining investment

614
00:31:41,360 --> 00:31:43,960
Speaker 1: by the Pentagon. It's meant to save our country and

615
00:31:43,960 --> 00:31:47,960
Speaker 1: our businesses from Chinese domination. Well, Apple thinks it's important,

616
00:31:48,160 --> 00:31:50,200
Speaker 1: through a half a billion dollars into the effort. On

617
00:31:50,280 --> 00:31:59,600
Speaker 1: day one, American Sunrise Early Edition continues. Now, welcome back

618
00:31:59,600 --> 00:32:02,200
Speaker 1: to America Sunrise Early Edition. I'm Jake Novak. It is

619
00:32:02,200 --> 00:32:05,000
Speaker 1: a Wednesday, and I'm excited about bringing our next guest

620
00:32:05,400 --> 00:32:08,840
Speaker 1: to you. He's a financial advisor, a wealth advisor, and

621
00:32:08,880 --> 00:32:11,480
Speaker 1: someone I've known for a long time, Ed Boutowski. And

622
00:32:11,520 --> 00:32:14,880
Speaker 1: the reason why your name popped into my head, especially

623
00:32:14,920 --> 00:32:17,480
Speaker 1: these days, is because man, I don't know how long

624
00:32:17,480 --> 00:32:20,160
Speaker 1: ago I don't want a data sed but fifteen years ago.

625
00:32:20,280 --> 00:32:22,920
Speaker 1: You've been talking for many, many years about the real

626
00:32:23,080 --> 00:32:25,880
Speaker 1: inflation rate in America and how we really have to

627
00:32:25,920 --> 00:32:28,800
Speaker 1: calculate it. So I have to ask you, what do

628
00:32:28,840 --> 00:32:31,680
Speaker 1: you think the real inflation situation is in America? And

629
00:32:32,560 --> 00:32:35,720
Speaker 1: our tarrists really pushing inflation right now, because hey, we

630
00:32:35,800 --> 00:32:38,000
Speaker 1: all know inflation was on the rise well before this

631
00:32:38,040 --> 00:32:39,120
Speaker 1: whole tariff thing started.

632
00:32:39,400 --> 00:32:42,120
Speaker 8: Good morning, Ed, Good morning. Thanks for having me, Jake,

633
00:32:42,200 --> 00:32:46,000
Speaker 8: It's great to be here. So the idea behind my numbers,

634
00:32:46,040 --> 00:32:50,640
Speaker 8: which is the Chapwood Index, is I take actual products

635
00:32:50,680 --> 00:32:53,200
Speaker 8: and look at them on a quarter by quarter basis

636
00:32:53,360 --> 00:32:56,280
Speaker 8: and what the actual price rise is. If anybody was

637
00:32:56,320 --> 00:33:00,400
Speaker 8: really to dissect how the CPI was calculated, you would

638
00:33:00,440 --> 00:33:03,280
Speaker 8: be blown away to see all the manipulation that goes

639
00:33:03,280 --> 00:33:06,800
Speaker 8: into it. So the real cost of living increase is

640
00:33:06,840 --> 00:33:09,080
Speaker 8: going to blow people away. But it's about seven and

641
00:33:09,120 --> 00:33:12,560
Speaker 8: a half to nine percent a year when you factor

642
00:33:12,600 --> 00:33:16,160
Speaker 8: in every single thing that you spend money on, so

643
00:33:16,200 --> 00:33:18,880
Speaker 8: that's insurance, taxes.

644
00:33:18,720 --> 00:33:20,520
Speaker 1: Food, gas, and so on.

645
00:33:20,800 --> 00:33:23,960
Speaker 8: When you factor everything in, you take away the manipulation

646
00:33:24,080 --> 00:33:27,240
Speaker 8: that the CPI is under, and you get to about

647
00:33:27,240 --> 00:33:30,160
Speaker 8: seven and a half to nine percent. But the idea

648
00:33:30,240 --> 00:33:33,800
Speaker 8: behind the tariffs right now pushing inflation higher. First of all,

649
00:33:33,840 --> 00:33:36,680
Speaker 8: it was kind of a rounding error, so inflation really

650
00:33:36,760 --> 00:33:37,160
Speaker 8: didn't go.

651
00:33:37,200 --> 00:33:37,840
Speaker 5: Up that much.

652
00:33:38,160 --> 00:33:41,440
Speaker 8: But at the same time, the tariffs haven't really played

653
00:33:41,520 --> 00:33:46,160
Speaker 8: into any kind of real life price increases because a

654
00:33:46,200 --> 00:33:48,480
Speaker 8: lot of them haven't even taken effect yet. So you

655
00:33:48,520 --> 00:33:51,000
Speaker 8: have a liberal media out there trying to push a

656
00:33:51,120 --> 00:33:55,800
Speaker 8: narrative that Trump's tariff game is pushing prices higher. First

657
00:33:55,800 --> 00:33:58,640
Speaker 8: of all, prices haven't gone higher, and second, tariffs can't

658
00:33:58,680 --> 00:34:01,280
Speaker 8: possibly be to blame for it because they haven't been

659
00:34:01,400 --> 00:34:02,040
Speaker 8: enacted yet.

660
00:34:03,240 --> 00:34:06,160
Speaker 1: Yeah, a small problem with that with that theory. All right,

661
00:34:06,200 --> 00:34:09,120
Speaker 1: Speaking of theories, ed, I'm gonna run by something run

662
00:34:09,160 --> 00:34:11,279
Speaker 1: by you. Something I started last week. I called it

663
00:34:11,640 --> 00:34:16,000
Speaker 1: the Delta decoy theory. This is my theory. Companies like Delta.

664
00:34:16,040 --> 00:34:19,880
Speaker 1: When the tariffs were announced, they put out hysterical comments

665
00:34:20,160 --> 00:34:22,360
Speaker 1: and warnings about how not only did they think this

666
00:34:22,480 --> 00:34:25,080
Speaker 1: was gonna hurt their bottom line, but they were saying,

667
00:34:25,280 --> 00:34:28,000
Speaker 1: we can't even guess how much money we're gonna make

668
00:34:28,040 --> 00:34:30,400
Speaker 1: now or lose. We don't even know. And then, of course,

669
00:34:30,719 --> 00:34:33,120
Speaker 1: when earning when they started to report their earnings. Delta

670
00:34:33,160 --> 00:34:36,560
Speaker 1: was the first last week they easily cleared that lowered bar,

671
00:34:36,920 --> 00:34:39,040
Speaker 1: and their shares went up like thirteen percent on the day.

672
00:34:39,080 --> 00:34:41,040
Speaker 1: I don't think Wall Street's gonna fall for it with

673
00:34:41,200 --> 00:34:43,120
Speaker 1: every company, but this is what I think a lot

674
00:34:43,160 --> 00:34:45,919
Speaker 1: of companies are doing. They're playing this chicken little game

675
00:34:46,280 --> 00:34:49,239
Speaker 1: in the hopes of lowering expectations so when their real

676
00:34:49,320 --> 00:34:52,319
Speaker 1: numbers come out, they can say, Wow, we cleared this

677
00:34:52,440 --> 00:34:56,680
Speaker 1: huge hurdle that called the Delta decoy. What do you think, Eh, well.

678
00:34:56,600 --> 00:34:59,120
Speaker 8: I'll tell you the companies these days have to be

679
00:34:59,680 --> 00:35:04,399
Speaker 8: very strong in terms of what they say. They're being scrutinized,

680
00:35:04,520 --> 00:35:07,480
Speaker 8: you know, tremendously from the SEC, so they can't really

681
00:35:07,480 --> 00:35:09,920
Speaker 8: play those games that much. But they can come out

682
00:35:09,960 --> 00:35:12,239
Speaker 8: and say, we have no idea, but that's really gonna

683
00:35:12,280 --> 00:35:15,600
Speaker 8: be geared more towards the third and fourth quarter if

684
00:35:15,640 --> 00:35:19,520
Speaker 8: the tariffs do take effect. But right now, you know,

685
00:35:19,560 --> 00:35:22,120
Speaker 8: the second quarter shouldn't really have a big impact because

686
00:35:22,160 --> 00:35:25,359
Speaker 8: tariffs haven't played a big role into it. I think

687
00:35:25,400 --> 00:35:28,160
Speaker 8: it's a really good catch on Delta, and you'll probably

688
00:35:28,160 --> 00:35:30,640
Speaker 8: find that with a bunch of other companies that really

689
00:35:30,719 --> 00:35:33,839
Speaker 8: don't have a strong understanding of what their earnings are

690
00:35:33,840 --> 00:35:36,320
Speaker 8: going to be, and they're gonna blame it on the

691
00:35:36,880 --> 00:35:41,800
Speaker 8: tariffs and Trump, but it's just not an accurate analysis.

692
00:35:42,760 --> 00:35:44,919
Speaker 1: Yeah, well, let me just warn the New York Jets

693
00:35:45,000 --> 00:35:48,040
Speaker 1: right now. If you blame another losing season on the tariffs,

694
00:35:48,040 --> 00:35:51,640
Speaker 1: I'm not buying it, all right, And you long ago warned.

695
00:35:51,680 --> 00:35:53,680
Speaker 1: Another thing you've been doing for years is warning us

696
00:35:53,719 --> 00:35:57,160
Speaker 1: about the Chinese threat to America's businesses. So I suppose

697
00:35:57,520 --> 00:36:00,480
Speaker 1: you must be pleased by this rare Earth deal. You know,

698
00:36:00,520 --> 00:36:02,480
Speaker 1: this is this thing that happened earlier this week, the

699
00:36:02,560 --> 00:36:05,960
Speaker 1: Pentagon putting in a huge investment in MP Materials, this

700
00:36:06,080 --> 00:36:08,239
Speaker 1: rare Earth company. I know it's not sexy to talk

701
00:36:08,239 --> 00:36:10,680
Speaker 1: about tractors in the dirt and the rare earth mining,

702
00:36:10,800 --> 00:36:14,440
Speaker 1: but you know it is sexy. Five hundred million dollars

703
00:36:14,640 --> 00:36:16,920
Speaker 1: that Apple threw at this venture on day one, I

704
00:36:16,920 --> 00:36:19,239
Speaker 1: mean literally the first minute they could possibly invest in it,

705
00:36:19,400 --> 00:36:21,480
Speaker 1: they threw that money into it. What's your take on

706
00:36:21,520 --> 00:36:23,240
Speaker 1: all this, Well.

707
00:36:23,160 --> 00:36:25,640
Speaker 8: Rare earths are are going to be, you know, what

708
00:36:25,680 --> 00:36:28,279
Speaker 8: everyone is looking for these days, and the mining of

709
00:36:28,320 --> 00:36:30,600
Speaker 8: them and doing them safely is going to also be

710
00:36:31,000 --> 00:36:33,880
Speaker 8: You know, a real you know test. You know, Ukraine

711
00:36:33,920 --> 00:36:36,600
Speaker 8: has a bunch of rare earth minerals that we are

712
00:36:36,640 --> 00:36:40,160
Speaker 8: going to try to extract. So Apple has so much money.

713
00:36:40,280 --> 00:36:43,440
Speaker 8: Five hundred million is a small, you know, fraction of

714
00:36:43,480 --> 00:36:46,120
Speaker 8: what they have in terms of cash, and this makes

715
00:36:46,160 --> 00:36:48,840
Speaker 8: a lot of sense. But also, you know, underscores the

716
00:36:48,880 --> 00:36:51,200
Speaker 8: fact that Apple is not going to be bringing back

717
00:36:51,320 --> 00:36:54,840
Speaker 8: their manufacturing to the United States. They decided that, you know,

718
00:36:54,840 --> 00:36:57,800
Speaker 8: with all the tax codes and where they're getting cheap labor,

719
00:36:57,880 --> 00:37:00,960
Speaker 8: that they're better off, you know, packaging and producing their

720
00:37:01,000 --> 00:37:03,920
Speaker 8: products outside the United States, which is completely against what

721
00:37:03,960 --> 00:37:04,600
Speaker 8: Trump wants.

722
00:37:05,960 --> 00:37:08,359
Speaker 1: Yeah, they're still going to try to do that. I

723
00:37:08,400 --> 00:37:12,759
Speaker 1: know that people like Peter Navarro have been slamming Tim Cook,

724
00:37:12,800 --> 00:37:15,239
Speaker 1: the CEO of Apple, for not moving things out of

725
00:37:15,320 --> 00:37:17,880
Speaker 1: China fast enough. But as you point out, they're not

726
00:37:17,880 --> 00:37:19,279
Speaker 1: going to bring it back to the States. They're going

727
00:37:19,320 --> 00:37:22,799
Speaker 1: to put it in India, maybe Vietnam, places like that. I

728
00:37:22,800 --> 00:37:25,160
Speaker 1: guess I prefer that, but remember, we would really like

729
00:37:25,200 --> 00:37:27,320
Speaker 1: to see more of these jobs here in the United States.

730
00:37:28,280 --> 00:37:29,839
Speaker 1: But at least they're going to get their rare earths

731
00:37:29,880 --> 00:37:31,560
Speaker 1: from the US. I man, we're going to get something

732
00:37:31,600 --> 00:37:35,160
Speaker 1: out of this, and that to me is something. Finally,

733
00:37:35,320 --> 00:37:38,759
Speaker 1: I know you've been watching the NATO defense spending situation.

734
00:37:38,880 --> 00:37:41,280
Speaker 1: You posted something yesterday that I thought was really interesting.

735
00:37:41,440 --> 00:37:44,759
Speaker 1: It was a graphic about how all the NATO countries

736
00:37:45,040 --> 00:37:48,600
Speaker 1: basically what they spend on certain items, and if they

737
00:37:48,640 --> 00:37:51,120
Speaker 1: get up to five percent each, how much of a

738
00:37:51,239 --> 00:37:53,400
Speaker 1: change that would would make. One of the things I

739
00:37:53,440 --> 00:37:56,360
Speaker 1: think that is really interesting ed about all this discussion

740
00:37:56,440 --> 00:37:59,560
Speaker 1: about NATO defense spending the rush of Ukraine war, is

741
00:37:59,560 --> 00:38:02,520
Speaker 1: that it's a trade issue too. I mean, you can

742
00:38:02,520 --> 00:38:05,439
Speaker 1: see what President Trump is doing. He's basically telling Europe, hey,

743
00:38:05,640 --> 00:38:08,759
Speaker 1: we'll probably get a good trade deal going if you

744
00:38:08,800 --> 00:38:11,359
Speaker 1: get your defense spending up, because your defense spending going

745
00:38:11,440 --> 00:38:14,120
Speaker 1: up means that you'll be buying more American weapons systems

746
00:38:14,239 --> 00:38:18,880
Speaker 1: like the Patriot missile system and probably some other defense items.

747
00:38:19,080 --> 00:38:21,759
Speaker 1: It's all part of a big basket. It's one of

748
00:38:21,800 --> 00:38:23,719
Speaker 1: those reasons why I always tell people that on this

749
00:38:23,760 --> 00:38:26,200
Speaker 1: program Skin in the Game, you got to look at

750
00:38:26,200 --> 00:38:28,239
Speaker 1: the people who are putting money into something or not

751
00:38:28,280 --> 00:38:30,920
Speaker 1: putting money into something to find out sometimes what the

752
00:38:30,960 --> 00:38:34,080
Speaker 1: politics are. So your thoughts on this, I mean, what's

753
00:38:34,120 --> 00:38:38,640
Speaker 1: the defense industry mean? To the American economy in addition

754
00:38:38,680 --> 00:38:40,120
Speaker 1: to our political safety.

755
00:38:41,000 --> 00:38:45,560
Speaker 8: Well, the defense industry depends on where you're located. You know,

756
00:38:45,560 --> 00:38:48,960
Speaker 8: Boeing moved its headquarters to Chicago a number of years

757
00:38:49,000 --> 00:38:52,240
Speaker 8: ago from Seattle, but they still have a huge presence

758
00:38:52,280 --> 00:38:56,120
Speaker 8: in Seattle, and more business done through Boeing is a

759
00:38:56,239 --> 00:39:00,800
Speaker 8: huge thing for this Seattle economy. I don't think it really

760
00:39:00,920 --> 00:39:02,759
Speaker 8: moves the needle in Chicago at all. I don't think

761
00:39:02,760 --> 00:39:06,920
Speaker 8: anything moves the needle in Chicago anymore. But at the

762
00:39:06,960 --> 00:39:10,400
Speaker 8: same time, the amount of spending being done by NATO,

763
00:39:10,840 --> 00:39:13,760
Speaker 8: no country is up to five percent of its spending

764
00:39:14,040 --> 00:39:17,000
Speaker 8: and that's a minor thing when you start thinking about

765
00:39:17,040 --> 00:39:20,640
Speaker 8: the war in Ukraine and how much trade could possibly

766
00:39:20,640 --> 00:39:22,759
Speaker 8: go through them. I mean, Spain came out and had

767
00:39:22,760 --> 00:39:24,799
Speaker 8: the hookspa to say, we're not going to increase it

768
00:39:24,840 --> 00:39:27,200
Speaker 8: at all. I mean, you know, let's see if Spain

769
00:39:27,239 --> 00:39:30,160
Speaker 8: ever needs protection from NATO and then we'll you know,

770
00:39:30,200 --> 00:39:32,920
Speaker 8: we'll see you know what kind of uh hooks you

771
00:39:32,960 --> 00:39:35,160
Speaker 8: know what what what where they stand on this at

772
00:39:35,160 --> 00:39:39,400
Speaker 8: that point. But the NATO spending is a huge deal,

773
00:39:39,680 --> 00:39:42,200
Speaker 8: and it also shows you know, the skin in the game.

774
00:39:42,520 --> 00:39:45,480
Speaker 8: You know, showing that you're a team member versus somebody

775
00:39:45,520 --> 00:39:48,000
Speaker 8: who's just kind of a tag along. So I think

776
00:39:48,040 --> 00:39:50,920
Speaker 8: that the spending, you know, will find its way into

777
00:39:51,000 --> 00:39:54,759
Speaker 8: the trade negotiations on everything, including defense spending, but it's

778
00:39:54,800 --> 00:39:57,520
Speaker 8: also going to find its way into consumer products. I mean,

779
00:39:57,560 --> 00:40:00,680
Speaker 8: the United States is not going to forget that Spain

780
00:40:01,160 --> 00:40:04,720
Speaker 8: did not up their amount that they're spending on NATO,

781
00:40:05,200 --> 00:40:07,239
Speaker 8: so when it comes to trade, you know, I think

782
00:40:07,280 --> 00:40:09,200
Speaker 8: Spain is in a bad position at this point.

783
00:40:10,320 --> 00:40:13,759
Speaker 1: Yeah, I mean, I just these European countries are so

784
00:40:13,880 --> 00:40:16,680
Speaker 1: mixed up, and as some people have been pointing out,

785
00:40:16,840 --> 00:40:19,440
Speaker 1: the size of the EU economy used to be the

786
00:40:19,440 --> 00:40:21,359
Speaker 1: same as the United States just a few years ago.

787
00:40:21,440 --> 00:40:23,719
Speaker 1: Now it's half the size. There's a reason for that.

788
00:40:23,960 --> 00:40:26,240
Speaker 1: It isn't just about the fact that they aren't spending

789
00:40:26,320 --> 00:40:28,520
Speaker 1: enough on defense. There's a lot of other things going on.

790
00:40:28,760 --> 00:40:31,000
Speaker 1: And I only have about twenty seconds left, but there

791
00:40:31,000 --> 00:40:32,720
Speaker 1: are a lot of people who think this big, beautiful

792
00:40:32,760 --> 00:40:34,719
Speaker 1: bill being passed and signed is really going to be

793
00:40:34,760 --> 00:40:37,399
Speaker 1: a major kickstarter for the economy. I heard Ken lang Going,

794
00:40:37,800 --> 00:40:39,920
Speaker 1: the co founder of home Depot, go crazy about it

795
00:40:39,960 --> 00:40:42,000
Speaker 1: yesterday in a positive way. Are you in that camp

796
00:40:42,040 --> 00:40:43,680
Speaker 1: as well. You think that this bill could really get

797
00:40:43,719 --> 00:40:44,600
Speaker 1: our economy growing.

798
00:40:45,920 --> 00:40:46,319
Speaker 2: I do.

799
00:40:46,520 --> 00:40:48,520
Speaker 8: I mean, you know, if you think about what we're

800
00:40:48,600 --> 00:40:52,040
Speaker 8: facing with the tax increases, if we didn't get the big,

801
00:40:52,080 --> 00:40:54,520
Speaker 8: beautiful bill, then we would have been in a really

802
00:40:54,600 --> 00:40:59,080
Speaker 8: bad position. But less constraints on the economy. You know,

803
00:40:59,120 --> 00:41:01,880
Speaker 8: it has a multiply effects. So a dollar then becomes

804
00:41:01,920 --> 00:41:04,880
Speaker 8: three dollars over time. So the more money people have

805
00:41:04,960 --> 00:41:07,040
Speaker 8: in their pockets, the better off the economy is going

806
00:41:07,080 --> 00:41:08,840
Speaker 8: to be. It's going to take a little while, and

807
00:41:08,880 --> 00:41:11,920
Speaker 8: a lot of people will say that that when you

808
00:41:11,960 --> 00:41:15,759
Speaker 8: cut taxes you do not get more revenue, but you do.

809
00:41:15,840 --> 00:41:18,000
Speaker 8: You always get more revenue. I remember talking to Art

810
00:41:18,040 --> 00:41:21,160
Speaker 8: Laugher about this, and you always get more revenue. The

811
00:41:21,239 --> 00:41:25,040
Speaker 8: question is about spending, and then we have to cut spending,

812
00:41:25,200 --> 00:41:28,480
Speaker 8: which is a really tough thing to do. But cutting taxes,

813
00:41:28,600 --> 00:41:31,480
Speaker 8: we will always get more revenue as a result of that.

814
00:41:31,520 --> 00:41:33,480
Speaker 8: But it's going to take about a year for to

815
00:41:33,680 --> 00:41:36,239
Speaker 8: take an impact on the economy.

816
00:41:36,680 --> 00:41:38,879
Speaker 1: Right it. It takes a little while, but not that long.

817
00:41:39,120 --> 00:41:41,239
Speaker 1: Edbutawski thanks so much for joining us. Check them out

818
00:41:41,239 --> 00:41:44,239
Speaker 1: on social media. Ed one of the great commenters on

819
00:41:44,280 --> 00:41:46,840
Speaker 1: our economy and our political situation. As always, ed, have

820
00:41:46,880 --> 00:41:48,759
Speaker 1: a great weekend. I know it's only Wednesday, but I'm

821
00:41:48,760 --> 00:41:53,200
Speaker 1: looking ahead. Thanks Jack. All right, coming up, it's time

822
00:41:53,200 --> 00:41:55,919
Speaker 1: to give an economics lesson speaking of money to those

823
00:41:55,960 --> 00:41:59,920
Speaker 1: folks who think cutting taxpayer funding for PBS and MP

824
00:42:00,920 --> 00:42:03,279
Speaker 1: means the popular shows on those networks, the few that

825
00:42:03,320 --> 00:42:07,200
Speaker 1: they have will suddenly disappear. David Brody and I will

826
00:42:07,320 --> 00:42:10,640
Speaker 1: enlighten those folks and you when American Sunrise Early Edition

827
00:42:10,680 --> 00:42:37,200
Speaker 1: comes right back. That's a live look at the mall. No,

828
00:42:37,239 --> 00:42:40,520
Speaker 1: not the Roosevelt Field Mall. It's the mall in DC.

829
00:42:41,080 --> 00:42:43,520
Speaker 1: It's a different kind of mall. Welcome back to American

830
00:42:43,560 --> 00:42:47,560
Speaker 1: Sunrise Early Edition. I'm Jake Novak. DC is the spot

831
00:42:47,560 --> 00:42:49,640
Speaker 1: that I want to talk about right now because the Senate,

832
00:42:49,719 --> 00:42:51,520
Speaker 1: for those of you who haven't been paying attention, the

833
00:42:51,560 --> 00:42:54,560
Speaker 1: Senate's been working really hard over the last day or

834
00:42:54,640 --> 00:42:57,839
Speaker 1: so on this nine billion dollars worth of cuts. They're

835
00:42:57,840 --> 00:43:00,920
Speaker 1: calling it recision cuts because these were spending items that

836
00:43:00,960 --> 00:43:04,600
Speaker 1: were already approved that the government now wants to the Republicans,

837
00:43:04,640 --> 00:43:07,439
Speaker 1: the Trump administration now want to claw back. Of course,

838
00:43:07,480 --> 00:43:10,359
Speaker 1: it's nine billion dollars in total. But the big part

839
00:43:10,360 --> 00:43:12,640
Speaker 1: of it that everyone's talking about is the one billion

840
00:43:12,680 --> 00:43:15,240
Speaker 1: dollars of it that will be going to help fund

841
00:43:15,280 --> 00:43:18,840
Speaker 1: PBS and MPR. Let's talk economics here for just a second.

842
00:43:19,400 --> 00:43:22,680
Speaker 1: Here's what PBS and NPR do. They use their popular shows,

843
00:43:22,680 --> 00:43:24,839
Speaker 1: and they do have some popular shows. Come on, some

844
00:43:24,880 --> 00:43:27,800
Speaker 1: people like Sesame Street, a lot of people do. MPR

845
00:43:27,880 --> 00:43:29,680
Speaker 1: has a couple of shows that are fun. Wait, wait,

846
00:43:29,719 --> 00:43:31,640
Speaker 1: don't tell me stuff like that. And they say, hey,

847
00:43:31,680 --> 00:43:33,839
Speaker 1: you love those shows, and the government's going to cut

848
00:43:33,840 --> 00:43:35,680
Speaker 1: funding for them. That is a lie. That is what

849
00:43:35,719 --> 00:43:39,120
Speaker 1: I call human shielding. All of those programs that are popular,

850
00:43:39,480 --> 00:43:43,439
Speaker 1: have a popular and strong economic viability to them. They

851
00:43:43,480 --> 00:43:46,480
Speaker 1: will get private funding. They already do. Sesame Street is

852
00:43:46,520 --> 00:43:49,480
Speaker 1: basically an HBO production right now. So there's my proof.

853
00:43:49,719 --> 00:43:51,960
Speaker 1: If something is good and the audience likes it, it

854
00:43:52,000 --> 00:43:55,120
Speaker 1: doesn't need government funding. The economy and the market, as

855
00:43:55,160 --> 00:43:58,200
Speaker 1: we say, will support it. So that's one thing folks

856
00:43:58,239 --> 00:44:01,359
Speaker 1: don't fall for that nonsense. Also, just want to say

857
00:44:01,360 --> 00:44:03,760
Speaker 1: one thing about all these cusses we bring in. David Brody,

858
00:44:04,280 --> 00:44:05,840
Speaker 1: you know a lot of these cuts that the Senate

859
00:44:05,920 --> 00:44:08,480
Speaker 1: is busting it, but really to get passed. Jade Vance's

860
00:44:08,480 --> 00:44:11,600
Speaker 1: had to cast two tie breaking votes already, and he'll

861
00:44:11,640 --> 00:44:14,200
Speaker 1: probably have to cast the final one later today. These

862
00:44:14,320 --> 00:44:16,920
Speaker 1: most of these cuts are things that Elon Muskin, Doge

863
00:44:17,160 --> 00:44:19,760
Speaker 1: Earmark found called for to be cut, to be cut,

864
00:44:19,920 --> 00:44:22,800
Speaker 1: And has he said one word of encouragement or anything

865
00:44:22,840 --> 00:44:23,680
Speaker 1: at all about this?

866
00:44:24,120 --> 00:44:24,200
Speaker 6: No?

867
00:44:24,760 --> 00:44:27,920
Speaker 1: So I'm sorry, I got a doubt Elon's commitment to

868
00:44:27,960 --> 00:44:30,880
Speaker 1: cutting budgets. Why won't he even cheerlead himself and the

869
00:44:30,920 --> 00:44:33,120
Speaker 1: efforts there as people are really trying to get the

870
00:44:33,160 --> 00:44:37,040
Speaker 1: work he did codified, as they say, made permanent. David Brody,

871
00:44:37,400 --> 00:44:40,240
Speaker 1: your thoughts. You're smarter than Elmo, so let's talk.

872
00:44:40,880 --> 00:44:43,400
Speaker 4: Well, And I guess that's saying something to an agree

873
00:44:43,440 --> 00:44:45,360
Speaker 4: that I'm smarter than Elbow. I'm not smarter than a

874
00:44:45,360 --> 00:44:49,000
Speaker 4: fifth grader, but I am smarter than Elmo. So look here,

875
00:44:49,160 --> 00:44:51,160
Speaker 4: here's the thing with Elon Musk. And I've said this

876
00:44:51,160 --> 00:44:53,280
Speaker 4: for a while now, right, I mean, I never trust

877
00:44:53,360 --> 00:44:55,040
Speaker 4: Elon Musk as far as I could throw them. I

878
00:44:55,120 --> 00:44:57,400
Speaker 4: said this way before all the controversy.

879
00:44:57,640 --> 00:44:58,120
Speaker 1: Look it up.

880
00:44:59,520 --> 00:45:01,600
Speaker 4: Look at the three quarter inch tape, so to speak,

881
00:45:01,600 --> 00:45:04,759
Speaker 4: from nineteen seventy five. It's on a track somewhere in

882
00:45:04,800 --> 00:45:08,400
Speaker 4: an audio version. But I said it, and this is

883
00:45:08,480 --> 00:45:11,000
Speaker 4: just another example of it. Look, Elon Musk is in

884
00:45:11,040 --> 00:45:14,360
Speaker 4: it for himself. That's what this is really all about.

885
00:45:14,960 --> 00:45:17,600
Speaker 4: He always wants to make America rich again. He doesn't

886
00:45:17,640 --> 00:45:20,120
Speaker 4: necessarily want to make America great again, though he thinks

887
00:45:20,160 --> 00:45:24,120
Speaker 4: making making America great again is making it rich again.

888
00:45:24,160 --> 00:45:26,000
Speaker 1: But it's much bigger than that.

889
00:45:26,960 --> 00:45:29,960
Speaker 4: But he's been silent here because he's pretty much gone

890
00:45:29,960 --> 00:45:31,960
Speaker 4: not only a wall, he hasn't gone a wall. We

891
00:45:32,000 --> 00:45:33,719
Speaker 4: hear from him often, but we don't hear from him

892
00:45:33,719 --> 00:45:35,759
Speaker 4: on this because he has an axe to grind, and

893
00:45:35,800 --> 00:45:38,120
Speaker 4: this is I think this is a Susie Wiles.

894
00:45:37,880 --> 00:45:39,960
Speaker 1: And Elon Musk thing overall.

895
00:45:40,680 --> 00:45:43,120
Speaker 4: I think this is just something where he's just been

896
00:45:43,160 --> 00:45:46,200
Speaker 4: cut out and he's at sour graves. And let's also

897
00:45:46,239 --> 00:45:49,120
Speaker 4: be honest talking about money. Two hundred and fifty million

898
00:45:49,200 --> 00:45:51,879
Speaker 4: dollars is what Elon Musk spent in the twenty twenty

899
00:45:51,920 --> 00:45:55,520
Speaker 4: four campaign to help get Donald Trump reelected. He wants ROI,

900
00:45:55,840 --> 00:45:59,359
Speaker 4: He's wanted ROI on his investment. He never really got it,

901
00:45:59,520 --> 00:46:00,640
Speaker 4: and he's from strated at that.

902
00:46:00,760 --> 00:46:00,960
Speaker 5: Now.

903
00:46:01,000 --> 00:46:04,600
Speaker 4: Having said that, it's interesting about PBS by the way, they,

904
00:46:05,239 --> 00:46:10,360
Speaker 4: according to certain advertising and media agencies, PBS and NPR,

905
00:46:10,520 --> 00:46:13,160
Speaker 4: just quote skew left, skew left.

906
00:46:13,160 --> 00:46:14,919
Speaker 1: That's all they do. Just skew a little bit left.

907
00:46:15,560 --> 00:46:16,360
Speaker 1: What are they crazy?

908
00:46:16,440 --> 00:46:20,160
Speaker 4: And by the way, anytime folks at NPRS or PBS

909
00:46:20,239 --> 00:46:22,400
Speaker 4: try to defend or the Corporation for Public Broadcasting, you

910
00:46:22,440 --> 00:46:25,000
Speaker 4: try to defend the fact that they have conservatives on

911
00:46:25,040 --> 00:46:26,640
Speaker 4: their air, they'll mention David Brooks.

912
00:46:26,719 --> 00:46:29,080
Speaker 1: Really, David Brooks is who you're going to do? Or

913
00:46:29,080 --> 00:46:30,719
Speaker 1: William F. Buckley back in the day.

914
00:46:30,880 --> 00:46:34,000
Speaker 4: Really that we're going back to William F. Buckley, these

915
00:46:34,040 --> 00:46:36,640
Speaker 4: people so And by the way, one last thing, this

916
00:46:36,800 --> 00:46:38,879
Speaker 4: idea that you're going to you know, they always love

917
00:46:38,920 --> 00:46:39,880
Speaker 4: to do this, the liberals.

918
00:46:40,000 --> 00:46:40,920
Speaker 1: Right, you're gonna.

919
00:46:40,640 --> 00:46:44,640
Speaker 4: Defund Sesame Street no more, Elmo, come on. That's that's

920
00:46:44,680 --> 00:46:47,000
Speaker 4: the PBS version of Troe Granny from the cliff.

921
00:46:47,400 --> 00:46:51,160
Speaker 1: It's insane. Yeah, it's not true. What is true is

922
00:46:51,160 --> 00:46:53,200
Speaker 1: that you got two hours of American Sunrise coming up.

923
00:46:53,239 --> 00:46:54,960
Speaker 1: I'll be joining you in the nine am hour and

924
00:46:55,000 --> 00:46:56,680
Speaker 1: I'll see you also tomorrow.