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Speaker 1: Now here's a highlight. From coast to coast AM on iHeartRadio,

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Speaker 1: Joe Biden was sworn in as President of the United States,

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Speaker 1: offering a message of unity and restoration to a deeply

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Speaker 1: divided country reeling from a battered economy and arranging coronavirus

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Speaker 1: pandemic that has so far killed more than four hundred

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Speaker 1: thousand Americans. Meanwhile, President Trump arrived in Florida after departing Washington, DC,

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Speaker 1: hours before Joe Biden's inauguration. The President did not attend

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Speaker 1: first president never to do that. However, according to Joe Biden,

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Speaker 1: Donald Trump did leave behind a very gracious letter in

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Speaker 1: the Oval office that he picked up. He said that's

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Speaker 1: he's not going to give out the details unless President

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Speaker 1: Trump gives him the okay, But he did say he

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Speaker 1: left a very gracious, gracious letter, which was a class

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Speaker 1: gesture to make. What's it like though, to be President

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Speaker 1: of the United States and then you leave office? What

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Speaker 1: do you do with your lifestyle? I thought we'd check

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Speaker 1: in with Howard Bloom, the author of The Global Brain,

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Speaker 1: and Howard, it's got to be pretty difficult to adjust

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Speaker 1: after that, don't you think it's really difficult? Now? You

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Speaker 1: and I might feel dejected and empty, but the question

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Speaker 1: is what does Donald Trump feel? And Lawrence of Arabia

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Speaker 1: te Lawrence was the best articulator of what Donald Trump

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Speaker 1: may be feeling after leaving Washington this morning. Lawrence was

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Speaker 1: a hero in the Middle East during World War One.

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Speaker 1: His ability leap eight feet onto the back of a

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Speaker 1: camel earned him the awe of the Arabs. So did

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Speaker 1: his ability to distribute vast amounts of gold to tribal

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Speaker 1: chiefs and to lead those tribal chiefs to victory in battle.

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Speaker 1: But when World War One was over, Lawrence went back

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Speaker 1: to England. He continued to be a celebrity, courted by

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Speaker 1: the superstars of his day. But he said about being

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Speaker 1: removed from his equivalent of the White House, about being

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Speaker 1: removed from his Middle Eastern battleground quote, you wonder what

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Speaker 1: I am doing? Well? So do I? In truth, days

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Speaker 1: seemed to on, suns to shine, evenings to follow, and

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Speaker 1: then I sleep. What I have done, what I am doing,

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Speaker 1: what I am going to do? Puzzle me and bewilder me.

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Speaker 1: Have you ever been a leaf and fallen from your

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Speaker 1: tree in autumn and been really puzzled about it? That's

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Speaker 1: the feeling. Not long after this, Lawrence died in a

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Speaker 1: motorcycle accident. So, like Lawrence of Arabia, Donald Trump has

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Speaker 1: not yet formulated a plan for what he will do next.

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Speaker 1: In his farewell address, all he could say was we

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Speaker 1: will be back in some form. There are biological basics

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Speaker 1: behind what Lawrence was talking about and what Trump may

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Speaker 1: be feeling. We humans desperately need three things social connection,

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Speaker 1: a sense of purpose, and attention. Without those three things,

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Speaker 1: we go into depression. Are thinking gets sluggish, and our

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Speaker 1: immune system and our ability to fight off illness nosedive.

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Speaker 1: Attention is the oxygen of the human soul, and with

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Speaker 1: it we flourish. Without it, we wither away. Donald Trump

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Speaker 1: has been fighting for media attention since nineteen seventy three,

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Speaker 1: when he first appeared in a headline on the front

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Speaker 1: page of the New York Times. For the forty eight

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Speaker 1: years since then, mister Trump has been making headlines as

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Speaker 1: a president. In possession of a Twitter account, he was

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Speaker 1: able to make headlines three times a day all over

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Speaker 1: the world. Without Twitter and the Oval Office, Donald Trump's

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Speaker 1: avenues to attention are severely diminished. But Donald Trump does

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Speaker 1: have passed to a new sense of purpose and passed

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Speaker 1: to social connection. Some of those paths are good, some

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Speaker 1: of them are not. Donald Trump's base of followers is

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Speaker 1: still strong. According to Rasmussen, Republicans who identify as traditional

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Speaker 1: Republicans are fifty six percent, but Republicans who identify as

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Speaker 1: Trump Republicans are thirty six percent, and thirty six percent

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Speaker 1: is roughly twelve point five million people, which is a lot.

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Speaker 1: What's more, according to the Washington Post poll, over seventy

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Speaker 1: percent of Republican voters believe that Joe Biden's win was

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Speaker 1: fraudient the idea is false, but over seventy percent believe

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Speaker 1: in what Donald Trump calls the Steel. What's more, there's

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Speaker 1: a contingent of followers in both the evangelical movement and

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Speaker 1: in the Quanon movement who believe Donald Trump has been

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Speaker 1: sent by God to save America. Some even believe that

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Speaker 1: he will usher in the storm that will lead to

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Speaker 1: the paradise they call the Great Awakening. Trump lost many

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Speaker 1: of his Quanon supporters earlier today, when Joe Biden was

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Speaker 1: inaugurated and when Trump failed to produce a miracle that

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Speaker 1: would keep Moon power. But among those remaining, some say

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Speaker 1: that we are at war and want to fight with bullets,

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Speaker 1: and Trumps promised yesterday quote that the movement we started

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Speaker 1: is only just beginning. So Donald Trump will not be

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Speaker 1: alone for very long. But some of those who may

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Speaker 1: give him a reason for living are armed and dangerous,

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Speaker 1: and let us hope he rejects them. Howard, the fact

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Speaker 1: that he left a letter for Joe Biden touch a class.

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Speaker 1: What do you think it's not only class? My friend?

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Speaker 1: The former governor of New York State, David Patterson says

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Speaker 1: that when he going through difficulties, Donald Trump would call

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Speaker 1: him and give him moral support. So there is an

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Speaker 1: element of class or kindness in Donald Trump. Well that's

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Speaker 1: a great way to do it. Thanks, Howard, Bloom Wall Street.

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Speaker 1: When crazy today just out of the site. Now, you

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Speaker 1: can't blame Joe Biden for that, But you know, what's

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Speaker 1: what's the economy going to face? There's miss Shedlocke, our

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Speaker 1: registered investment advisor. Miss what's going on a lot of

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Speaker 1: things here. Wall three is reacting to the physical stimulus

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Speaker 1: that it thinks is going to come under the Biden administration,

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Speaker 1: And certainly Biden got off to a start here. He

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Speaker 1: undid fifteen things that Trump did, and of course Trump

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Speaker 1: undid oh about fifteen things that Obama did, And you

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Speaker 1: start wondering if everybody's just going to keep undoing by

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Speaker 1: executive order, maybe we shouldn't have so many executive orders

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Speaker 1: in the first place. But back to legislation, Biden's pushing

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Speaker 1: for two trillion. He's got Janet Young and that's the

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Speaker 1: former FED chair is now going to be Secretary of

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Speaker 1: Treasury coming out in praise of more free stuff. And

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Speaker 1: she says that the borrowing is affordable because rates are low.

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Speaker 1: But rates are low, We've got twenty seven trillion in

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Speaker 1: national debts, so we can't really hike so but it's affordable,

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Speaker 1: so we keep the rates low. Meanwhile, you know, I

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Speaker 1: went through the plan and the problem that I have

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Speaker 1: with it is I don't think it's targeted enough. We

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Speaker 1: should not reward just give money to people, you know,

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Speaker 1: for nothing that are employed and haven't lost a dime.

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Speaker 1: And we should not reward unemployment in a way that

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Speaker 1: doesn't encourage people to go out and get jobs. So

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Speaker 1: we've gone from one extreme here nothing and you know,

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Speaker 1: in the months from September to the end of the

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Speaker 1: year to going reward the other way. George is why

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Speaker 1: does it always have to be one extreme or another. Meanwhile,

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Speaker 1: I guess I can say and I believe you would

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Speaker 1: say two. We all wish Biden's success here, and I'm

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Speaker 1: certainly rooting for a big success on the vaccine front.

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Speaker 1: Perhaps he makes his first big difference right there. We

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Speaker 1: all hope that everything works out. Miss That's the important thing,

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Speaker 1: Miss Sedlock, our registered investment advisor. Listen to more Coast

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Speaker 1: to Coast AM every weeknight at one am Eastern and

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Speaker 1: go to Coast to Coast am dot com for more