WEBVTT - I'm Feeling Pretty Thrivey 0:00:01.950 --> 0:00:05.780 Broadcasting live from the Abraham Lincoln Radio Studio at the 0:00:05.820 --> 0:00:07.800 George Washington Broadcast Center. 0:00:07.880 --> 0:00:12.140 Jack Armstrong and Joe Getty. Armstrong and Getty. And now, 0:00:12.520 --> 0:00:17.329 here's Armstrong and Getty. 0:00:23.440 --> 0:00:28.420 So in light of the Shane Gillis controversial Saturday Night 0:00:28.480 --> 0:00:32.339 Live monologue in which he hatefully attacked women and did 0:00:32.510 --> 0:00:35.550 so much damage across the country to the fairer sex, 0:00:35.990 --> 0:00:39.790 here's Jimmy Kimmel commenting on Trump's new White House press secretary. 0:00:40.159 --> 0:00:42.729 I want to introduce you to the new kid in 0:00:42.780 --> 0:00:45.530 Trump land. It was the first day of kindergarten for 0:00:45.550 --> 0:00:49.830 the new White House press secretary, Katie Zachariah. In order 0:00:49.870 --> 0:00:52.170 to keep him awake and interested, every six months they 0:00:52.190 --> 0:00:55.150 bring in a new fawning blonde adult to. 0:00:55.190 --> 0:00:56.230 Add to the rotation. 0:00:57.160 --> 0:00:59.300 Things did not get off to a great start for 0:00:59.520 --> 0:01:03.080 Malibu Katie today. Her first briefing was brief. It was 0:01:03.140 --> 0:01:05.500 only 14 minutes long. But even in that short time, 0:01:05.520 --> 0:01:08.140 she accomplished exactly what she was brought in to do, 0:01:08.400 --> 0:01:11.180 which is slobber a whole tube of lip gloss all 0:01:11.250 --> 0:01:13.010 over the president's behind. 0:01:13.550 --> 0:01:15.370 And really, that's all it takes nowadays. 0:01:16.090 --> 0:01:18.309 All it takes is that and dressing like you're about 0:01:18.370 --> 0:01:21.430 to announce pre-boarding on a Delta Airlines flight. 0:01:22.590 --> 0:01:23.910 Commenting on a woman's appearance? 0:01:25.040 --> 0:01:27.520 Making assumptions about your intelligence over and over again. 0:01:27.560 --> 0:01:27.820 Yes. 0:01:28.020 --> 0:01:31.310 Oh my God. Calling her a prostitute for the president. 0:01:31.410 --> 0:01:36.010 Yes, man. I, um, so since Saturday, which I watched 0:01:36.110 --> 0:01:39.990 the Shane Gillis thing live and then played it for 0:01:40.030 --> 0:01:43.870 my kids. And I didn't even consider that this would 0:01:43.890 --> 0:01:44.990 turn into a controversy. 0:01:46.510 --> 0:01:48.930 Has it really? That's how it landed with me. 0:01:48.950 --> 0:01:55.290 Um, But since it has become a controversy and the hateful, misogynistic, well, 0:01:55.330 --> 0:01:56.290 they talked about it on. 0:01:56.250 --> 0:01:57.870 The View for an hour yesterday. It's the number one 0:01:57.910 --> 0:01:59.810 daytime TV show. Oh, my God. 0:02:00.690 --> 0:02:02.330 But how awful it was and how hurtful it was. 0:02:03.540 --> 0:02:06.180 So many people have brought up the various Saturday Night 0:02:06.240 --> 0:02:11.800 Live bits where they insult every white male in America 0:02:12.000 --> 0:02:14.460 or every Republican voter or everyone in the South or 0:02:14.480 --> 0:02:16.490 whatever and are perfectly comfortable calling you a. 0:02:16.889 --> 0:02:21.070 Nazi, a racist, whatever. Mm-hmm. 0:02:22.060 --> 0:02:23.910 And that's just funny because the crowd laughs like crazy. 0:02:25.130 --> 0:02:27.490 But the saying women dress like whores at the gym, 0:02:27.590 --> 0:02:31.209 which many women do, is somehow out of bounds, which, 0:02:31.389 --> 0:02:31.570 you know. 0:02:32.570 --> 0:02:36.870 Well, look, it's the permanently aggrieved set. It's the always 0:02:36.970 --> 0:02:37.850 offended set. 0:02:37.960 --> 0:02:38.900 Shut up. I don't care. 0:02:38.960 --> 0:02:41.260 That's the only proper response to these people. 0:02:41.680 --> 0:02:44.359 Please, it's a power grab. I'd like to. 0:02:44.760 --> 0:02:46.560 You're a bad person. You have to be quiet now. 0:02:46.639 --> 0:02:49.860 That's what every single message is. Shane Gillis is on 0:02:49.900 --> 0:02:51.720 podcasts all the time. I don't know if he's done 0:02:51.820 --> 0:02:54.160 one since Saturday. I'd like to know what he thinks 0:02:54.220 --> 0:02:54.520 of this. 0:02:55.200 --> 0:02:57.660 I would guess he's not digging it, really, just because 0:02:58.020 --> 0:03:01.019 he tries to be not really political. He doesn't want 0:03:01.040 --> 0:03:05.060 to be... And why would you want to be coded 0:03:05.660 --> 0:03:07.280 one way or the other? But he certainly doesn't want 0:03:07.310 --> 0:03:10.170 to get coded Republican. And then all of a sudden, oh, 0:03:10.190 --> 0:03:11.870 you're going to see the Trump comic, you know, that 0:03:11.910 --> 0:03:14.330 sort of thing, how everybody puts you in a camp. 0:03:14.490 --> 0:03:16.230 And then that's where you are for the rest of 0:03:16.250 --> 0:03:16.609 your life. 0:03:17.270 --> 0:03:19.530 Yeah, well, I would counsel Mr. Gillis as if he 0:03:19.630 --> 0:03:23.079 needs my counsel. You can't win with these people, so 0:03:23.139 --> 0:03:25.919 don't adjust what you're doing one iota. They're going to 0:03:26.000 --> 0:03:28.940 label you no matter what you do. Again, it's an 0:03:29.060 --> 0:03:30.260 effort to silence. 0:03:30.340 --> 0:03:32.739 That's what all of it is. I like one of 0:03:32.800 --> 0:03:34.740 his jokes where he says, I know what I look like. 0:03:35.030 --> 0:03:36.410 I know what I look like. I know my body 0:03:36.530 --> 0:03:39.690 type screams. Let's wait until the body cam video comes out. 0:03:42.940 --> 0:03:43.580 See, that's the thing. 0:03:43.620 --> 0:03:45.180 That's the brilliant part of a lot of those jokes 0:03:45.220 --> 0:03:47.570 was he always ended up being the butt of the joke. 0:03:47.730 --> 0:03:47.850 Yeah. 0:03:48.850 --> 0:03:51.780 You know, I'm a fool, I'm flabby, I am actually 0:03:52.060 --> 0:03:54.900 gaping at the women at the gym, whatever. He was always, 0:03:55.020 --> 0:03:58.080 but see, that proves that you can't win with these people. 0:03:58.360 --> 0:04:02.650 They're professional scolds. They're 24-7 scolds. 0:04:02.810 --> 0:04:05.270 Screw them. Just because you're offended doesn't mean you're right. 0:04:05.290 --> 0:04:07.300 And in this case, they're not. They're idiots. Shut up. 0:04:07.490 --> 0:04:10.970 I don't care. Shut up. I don't care. That's the response. 0:04:11.210 --> 0:04:13.590 I wonder if a lot of the podcasts who have 0:04:13.610 --> 0:04:15.730 them on all the time are all of a sudden going. 0:04:15.660 --> 0:04:17.419 To think, ah, we better not have Shane Gillis on. 0:04:20.339 --> 0:04:25.810 A lot of our crowd thinks he's a right-winger misogynist. Yeah, 0:04:25.900 --> 0:04:27.169 I wonder. I wonder. 0:04:27.460 --> 0:04:32.430 I'm so not in that world that the so-called controversy 0:04:32.470 --> 0:04:34.860 to me sounds like, please, where is it? 0:04:35.850 --> 0:04:40.110 Stop it. I don't know. I'm just tired of these people. 0:04:40.210 --> 0:04:43.020 I know their game. As I've said multiple times. 0:04:43.060 --> 0:04:45.339 But you know how these things get coded, like masks 0:04:45.400 --> 0:04:47.700 or vaccines or people or sports or whatever. 0:04:47.720 --> 0:04:48.300 Sure, but there's. 0:04:48.320 --> 0:04:52.940 Nothing you can do about it. Because the scolds will scold. 0:04:53.000 --> 0:04:53.960 Scold is going to scold. 0:04:54.020 --> 0:04:55.740 That's what I say. Oh, speaking of scolding. 0:04:56.520 --> 0:05:01.230 Yeah, Katie Zachariah's debut was a little rough. She sounded 0:05:01.250 --> 0:05:04.270 really nervous. She misspoke a couple of times. But number one, 0:05:04.550 --> 0:05:07.390 it's her first day in an incredibly high pressure. 0:05:07.410 --> 0:05:08.230 Where's her law degree? 0:05:09.100 --> 0:05:11.659 Well, and yeah, that's the other thing. She graduated from 0:05:11.720 --> 0:05:14.150 Pepperdine Law but did not pass the bar. She only 0:05:14.170 --> 0:05:16.450 took one hack at it. Then she and her husband 0:05:16.490 --> 0:05:19.100 got married and moved to China and decided not to 0:05:19.130 --> 0:05:23.320 come back. And she's called herself a lawyer at times. 0:05:24.940 --> 0:05:26.039 I don't really care. 0:05:26.480 --> 0:05:31.500 Well, Trump thought she was a lawyer because he was asked. 0:05:32.160 --> 0:05:34.120 So the press got on this fast. We should have 0:05:34.160 --> 0:05:34.779 gotten the clip. 0:05:34.920 --> 0:05:37.240 We got on this fast, like moments after her first 0:05:37.279 --> 0:05:38.200 appearance the other day. 0:05:39.020 --> 0:05:42.099 Trump was asked on the rope line, hey, where did. 0:05:42.020 --> 0:05:43.720 She get her? Where did she pass the bar? What 0:05:43.740 --> 0:05:45.100 state she passed the bar? And Trump turns to her 0:05:45.120 --> 0:05:46.180 and said, where did you pass the bar? 0:05:46.220 --> 0:05:49.810 They want to know. And she said something about China 0:05:49.830 --> 0:05:52.950 that made no sense. After I went to China, yeah. 0:05:53.050 --> 0:05:54.190 Which is not an answer. 0:05:54.750 --> 0:05:56.890 To where did you pass the bar and trump just 0:05:56.930 --> 0:05:59.680 said after she went to china so but then i'll 0:05:59.690 --> 0:06:01.800 bet he was thinking because he knows how these things 0:06:01.810 --> 0:06:04.900 work i bet he thought uh-oh what's going on here 0:06:05.520 --> 0:06:07.500 it's not a good look absolutely not a good you 0:06:07.540 --> 0:06:08.900 don't have to be a lawyer to be a white 0:06:08.920 --> 0:06:12.540 house press secretary i'm thinking probably most of them not 0:06:12.960 --> 0:06:14.599 hardly any of them ever have been i don't know 0:06:14.620 --> 0:06:16.580 if any of them have ever been a lawyer you 0:06:16.620 --> 0:06:17.620 don't need to be a lawyer you. 0:06:17.640 --> 0:06:20.020 Usually come out of the media Has nothing to do 0:06:20.060 --> 0:06:20.479 with the job. 0:06:20.540 --> 0:06:22.340 It's just, again, it's not a great look if you're 0:06:22.360 --> 0:06:24.120 calling yourself a lawyer for years and years and you 0:06:24.140 --> 0:06:24.880 never pass the bar. 0:06:25.230 --> 0:06:27.290 And one of her old professors, just to stand up 0:06:27.370 --> 0:06:29.510 for the lovely, what's her name? 0:06:29.570 --> 0:06:30.830 I haven't even memorized her name yet. 0:06:33.029 --> 0:06:35.210 One of her old professors at Pepperdine said, all I 0:06:35.230 --> 0:06:36.810 remember about her is she was a good student. And 0:06:36.850 --> 0:06:39.330 by the way, many great legal minds never. 0:06:39.430 --> 0:06:42.080 Took the bar. Right, including judges, yeah. 0:06:42.540 --> 0:06:44.200 You don't have to be a great legal mind to 0:06:44.240 --> 0:06:45.900 be the White House press secretary, by the way. 0:06:45.940 --> 0:06:50.300 We're like jumping to some sort of thing that doesn't exist. Right, exactly, yeah. 0:06:50.560 --> 0:06:53.440 And the other thing was she was juggling her family's 0:06:53.540 --> 0:06:56.460 move to Washington, had less than 24 hours to prepare. 0:06:56.760 --> 0:07:00.090 She got her briefing materials that morning, according to a 0:07:00.150 --> 0:07:05.010 senior administration official, and several former press secretaries have come 0:07:05.089 --> 0:07:07.850 out and said, Why did they throw her out there 0:07:07.910 --> 0:07:10.520 on her first day? You got to ease into that job. 0:07:10.560 --> 0:07:14.660 That's a hard job. Well, but here's here's my here's 0:07:14.700 --> 0:07:16.140 my go ahead. 0:07:16.380 --> 0:07:19.770 You've got a well. I'm not looking for scandal around this. 0:07:19.970 --> 0:07:21.070 I don't really care. 0:07:21.170 --> 0:07:24.410 But according to the Wall Street Journal, the bigger story is, 0:07:24.690 --> 0:07:27.800 did she pass herself off as an attorney in China? 0:07:28.180 --> 0:07:31.300 It would seem that the Chinese thought she was an attorney. 0:07:31.500 --> 0:07:34.880 You don't need to have a U.S. pass the bar 0:07:34.960 --> 0:07:38.120 to do this in China or whatever. But she may 0:07:38.140 --> 0:07:42.020 have been portraying herself. So Mark Halpern wrote today, the whole. 0:07:43.670 --> 0:07:46.050 Did she pass the bar at Pepperdine is not a story. 0:07:46.150 --> 0:07:48.230 Some of this other stuff might turn into a story. 0:07:49.090 --> 0:07:51.120 So keep your eye on that, I guess, if you 0:07:51.130 --> 0:07:53.280 get it at all. I didn't really take that from 0:07:53.300 --> 0:07:54.160 the journal article. 0:07:55.340 --> 0:07:58.420 But anyway, what I was going to say is this 0:07:58.540 --> 0:08:03.760 just illustrates the the obsession, the self-obsession, Washington, D.C. 0:08:04.140 --> 0:08:05.450 Why are we all talking about this? 0:08:06.240 --> 0:08:09.580 The person who walks out says, yeah, the president's new 0:08:09.660 --> 0:08:12.660 agriculture policy is expected to bring more soybeans to. 0:08:12.820 --> 0:08:15.280 Blah, blah, blah. What does that have to do? 0:08:15.500 --> 0:08:17.760 I mean, you had to be such a politics junkie 0:08:18.160 --> 0:08:21.500 not terribly long ago to have any clue who Ari 0:08:21.600 --> 0:08:25.230 Fleischer was or any of the many folks whose names 0:08:25.270 --> 0:08:27.630 don't leap to mind for the reasons I'm describing. 0:08:27.730 --> 0:08:30.870 You're 100% right, and I retract everything I said and 0:08:30.890 --> 0:08:33.270 wish I hadn't brought it up because who freaking cares? 0:08:34.050 --> 0:08:36.330 Yeah, okay. Well, that was a very long segment that 0:08:36.350 --> 0:08:40.220 was intended to be who cares about this story. And 0:08:40.300 --> 0:08:43.480 I ruined it. And I take full responsibility. No, no, no. 0:08:43.740 --> 0:08:46.819 I take 85% responsibility. Wow. 0:08:47.380 --> 0:08:50.339 Only 15% of responsibility on the table for anybody who 0:08:50.360 --> 0:08:51.020 wants to grab it. 0:08:51.720 --> 0:08:54.660 Michael, if you could transcribe that, print that out. Michael 0:08:54.679 --> 0:08:56.460 took the 15%. And Mr. 0:08:56.500 --> 0:09:01.449 Armstrong signed that statement at the next break. Talked about 0:09:01.470 --> 0:09:07.599 this briefly last hour. San Francisco Playground. There's probably human 0:09:07.660 --> 0:09:10.760 feces all over the place. That's gotten worse in the Tenderloin, 0:09:11.059 --> 0:09:13.440 according to a new report. But we're not here to 0:09:13.460 --> 0:09:13.760 talk about poop. 0:09:13.780 --> 0:09:17.040 It's not possible. It is possible. To get worse? Where 0:09:17.080 --> 0:09:18.980 there's a will, there's a way, Jack. You're a quitter. 0:09:19.020 --> 0:09:20.160 How could it be worse? 0:09:22.720 --> 0:09:25.090 At the Bums and Junkies meeting, they said, look, folks, 0:09:25.120 --> 0:09:27.650 we're doing a good job of pooping in the streets. 0:09:28.490 --> 0:09:34.170 But not good enough. Right? So, San Francisco Playground. Stranger... 0:09:34.910 --> 0:09:35.939 wanders up and. 0:09:36.160 --> 0:09:39.280 Chatting with an open AI employee who is there with 0:09:39.300 --> 0:09:42.800 their child. Stranger regularly shows up with the child and 0:09:42.900 --> 0:09:45.840 makes small talk. And one thing leads to another, starts 0:09:45.920 --> 0:09:48.760 asking the open AI employee about their work. 0:09:48.840 --> 0:09:50.710 And turns out Stranger was a spy. 0:09:51.330 --> 0:09:55.309 One of several scenarios, employees of AI companies have been 0:09:55.370 --> 0:09:58.910 presented with in attempts to raise their vigilance against attempts 0:09:58.970 --> 0:10:03.320 to steal corporate secrets. In training sessions, OpenAI has warned 0:10:03.380 --> 0:10:06.020 employees that outsiders, including competitors. 0:10:05.540 --> 0:10:07.140 And state-sponsored actors. 0:10:07.550 --> 0:10:10.570 You could try to get access to company information, and 0:10:10.610 --> 0:10:13.310 company leaders are teaching them. It might be people offering money, 0:10:13.770 --> 0:10:17.290 people overhearing you in cafes listening in, or even trying 0:10:17.330 --> 0:10:21.210 to seduce open AI employees, the old fang-fang treatment. 0:10:21.230 --> 0:10:21.850 Computer geeks. 0:10:23.080 --> 0:10:23.360 Yeah. 0:10:23.720 --> 0:10:25.800 Yeah. Some hottie comes on to a computer geek. You 0:10:25.840 --> 0:10:28.819 got him right where you want him. Probably not super 0:10:28.880 --> 0:10:31.800 sexually experienced. Anyway. 0:10:32.500 --> 0:10:32.800 Anyway. 0:10:33.450 --> 0:10:35.449 Although you can get a fair number of chicks if 0:10:35.490 --> 0:10:39.010 you're worth $ 150 million, like a lot of them are. 0:10:39.910 --> 0:10:40.630 Wow, wow. 0:10:40.670 --> 0:10:43.870 It sounds to me like you're just suggesting that women 0:10:44.809 --> 0:10:49.370 will alter their standards based on a man's finances. That's shocking. 0:10:50.230 --> 0:10:53.610 Here's a financial story worth taking a look at. The 0:10:53.630 --> 0:10:57.820 housing market, the crazy kind of constipated housing market. 0:10:59.280 --> 0:11:03.720 Is about to loosen up. Ew. I so regret that metaphor. 0:11:03.760 --> 0:11:05.640 Why did you need to? I really do. Why did 0:11:05.660 --> 0:11:07.960 you need to turn? Yeah, Katie, I agree. Hey, wipe 0:11:08.020 --> 0:11:09.480 that look on your face, sister. 0:11:10.559 --> 0:11:14.260 I miss who I was before you said that. Why 0:11:14.300 --> 0:11:16.840 take an economic story and turn it toilet related? I 0:11:16.860 --> 0:11:18.020 don't understand it. 0:11:18.080 --> 0:11:21.230 It was stopped up. The housing market's not moving better. 0:11:21.250 --> 0:11:22.790 It's not going to keep going. Off the top of 0:11:22.830 --> 0:11:28.540 my head, I just big shovel digging hole. But will 0:11:28.580 --> 0:11:35.130 the laxative of lower rates... Stop him! All right, all right. 0:11:35.170 --> 0:11:39.240 Here's the actual story. All right. I feel like.... 0:11:41.070 --> 0:11:44.180 I feel like perhaps the other side of the break 0:11:44.240 --> 0:11:47.400 is the time to actually talk about this very interesting 0:11:47.420 --> 0:11:48.599 story about the housing markets. 0:11:48.860 --> 0:11:51.380 We are all homed, are we not? The housing market 0:11:51.460 --> 0:11:53.780 matters to all of us. We'll have that for you momentarily. 0:11:55.610 --> 0:11:55.910 All right. 0:11:55.970 --> 0:11:57.850 Speaking of finances, we got something to tell you about 0:11:57.870 --> 0:12:01.370 with Blue Collar Dollar. This is for anybody out there 0:12:01.390 --> 0:12:04.490 who's making a living doing regular work, regular guy stuff, 0:12:04.550 --> 0:12:07.130 and doesn't like fancy stuff. And a lot of the 0:12:07.200 --> 0:12:10.140 investment stuff you hear about, it just doesn't seem like 0:12:10.179 --> 0:12:12.920 they understand your crowd. Well, Blue Collar Dollar does. 0:12:13.840 --> 0:12:18.480 Yeah, we're talking down-to-earth talk from folks who value your 0:12:18.559 --> 0:12:21.760 time about your retirement and your financial plans. They want 0:12:21.780 --> 0:12:24.380 to do a free consultation with you. It's complimentary if 0:12:24.400 --> 0:12:26.000 you've saved $ 250, 000 or more. 0:12:26.370 --> 0:12:27.790 No obligation at all. 0:12:27.850 --> 0:12:29.210 Yeah, it just takes a couple of minutes, and they 0:12:29.250 --> 0:12:31.550 make it super easy. Dial pound 250 on your cell phone, 0:12:31.570 --> 0:12:34.650 and at the prompt, say blue-collar dollar. It's pound 250. 0:12:34.650 --> 0:12:37.290 It didn't say blue-collar dollar. Yeah, take control of your 0:12:37.350 --> 0:12:38.319 financial future. 0:12:38.500 --> 0:12:42.239 Call Blue Collar Dollar, pound 250, and get ready to 0:12:42.280 --> 0:12:43.620 say Blue Collar Dollar. 0:12:43.940 --> 0:12:45.740 Armstrong and Getty are not clients of Talon. They are 0:12:45.760 --> 0:12:48.439 paid endorsers and receive compensation for this endorsement, which creates 0:12:48.480 --> 0:12:52.260 financial incentive to promote Talon. Advisory services are offered through Talon, LLC, 0:12:52.300 --> 0:12:55.760 and SEC-registered investment advisor. Learn more at bluecollardollar.com. 0:12:57.580 --> 0:12:58.640 Armstrong and Getty. 0:13:01.990 --> 0:13:06.470 President Trump is expressing doubts about live streaming the execution 0:13:06.510 --> 0:13:09.630 of the Fort Hood shooter, who is, after all, in 0:13:09.670 --> 0:13:10.459 a wheelchair. 0:13:10.480 --> 0:13:12.550 I mean, the least they can do is give him 0:13:12.600 --> 0:13:18.699 a head start. Oh, there you go. We have an 0:13:18.760 --> 0:13:19.559 update on that story. 0:13:19.580 --> 0:13:21.800 I was listening to a podcast yesterday where they're talking 0:13:21.820 --> 0:13:25.840 about this is the televising the execution. The guy is 0:13:25.880 --> 0:13:29.000 in a wheelchair paralyzed because of the did he get shot? 0:13:29.870 --> 0:13:30.070 Yeah. 0:13:30.210 --> 0:13:31.570 Too bad he didn't die at the time would have 0:13:31.590 --> 0:13:34.810 saved us all this trouble. But anyway, how do you 0:13:34.870 --> 0:13:37.530 do that in a way that doesn't look extra gruesome? 0:13:38.050 --> 0:13:40.449 Do you leave him in a wheelchair and execute a 0:13:40.490 --> 0:13:42.770 guy sitting in a wheelchair? Do some people come out 0:13:42.809 --> 0:13:44.690 and lift him out of the wheelchair since he can't 0:13:44.770 --> 0:13:47.449 walk on his own and like set him in a chair? 0:13:47.510 --> 0:13:50.030 That doesn't look good either. Anyway, none of that matters. 0:13:50.410 --> 0:13:52.670 As Donald Trump has just announced, this is breaking news. 0:13:53.010 --> 0:13:56.260 The execution of the Fort Hood terrorist Nadal Hassan will 0:13:56.300 --> 0:13:57.920 not be live streamed. 0:13:58.140 --> 0:14:02.110 Will not. Be watchable. Right, right. Well, it was a 0:14:02.450 --> 0:14:04.650 ridiculous idea, and it was never going to happen. So 0:14:04.690 --> 0:14:05.130 now it's official. 0:14:05.150 --> 0:14:08.790 But that is, you've got to admit, that is a 0:14:08.830 --> 0:14:11.710 visual nightmare, kind of thing. No, it could be stage managed. 0:14:11.730 --> 0:14:13.170 You don't think so? How would you do it? FDR 0:14:13.210 --> 0:14:15.770 got away with it for an entire administration or two. 0:14:17.450 --> 0:14:18.150 Stage managed. 0:14:18.170 --> 0:14:19.410 You lift him out of it, put him in the 0:14:19.430 --> 0:14:21.010 chair before you go to the live stream? 0:14:21.710 --> 0:14:25.390 Exactly. Okay. Yeah. Mm-hmm. All right. 0:14:25.950 --> 0:14:30.950 So back to the housing market. It's so interesting right now. 0:14:32.130 --> 0:14:34.560 The constipated housing market? That's it. 0:14:34.630 --> 0:14:34.770 Yep. 0:14:34.870 --> 0:14:35.270 That's the one. 0:14:36.430 --> 0:14:38.290 Meaning the interest rates are going to loosen things up 0:14:38.310 --> 0:14:39.390 so much I'm going to need a diaper. 0:14:40.420 --> 0:14:43.120 Oh, okay. Wow. Wow, Katie. 0:14:43.220 --> 0:14:45.380 Now who's the bad guy? I think he's out of 0:14:45.420 --> 0:14:46.280 control today. 0:14:46.600 --> 0:14:47.780 Are you all right? 0:14:49.420 --> 0:14:49.580 Hmm. 0:14:49.600 --> 0:14:51.420 I thought we got past that. 0:14:54.530 --> 0:14:58.640 You're a maniac. So the housing market's weird. It's long 0:14:58.660 --> 0:15:00.860 been a hobby of mine to follow real estate. I've 0:15:00.880 --> 0:15:02.220 bought and sold a bunch of houses. I'm just really 0:15:02.260 --> 0:15:07.410 interested in it. I've never seen anything like this. There 0:15:07.510 --> 0:15:10.930 is a wide gap between the number of sellers and 0:15:11.030 --> 0:15:13.600 buyers in the housing market right now. You got a 0:15:13.740 --> 0:15:15.780 million and a half Americans trying to sell their homes 0:15:16.420 --> 0:15:20.340 and only about 929 who are buying. So that should 0:15:20.440 --> 0:15:24.820 mean housing prices would drop, especially because higher interest rates 0:15:25.120 --> 0:15:27.040 put pressure downward. 0:15:26.660 --> 0:15:27.540 On housing prices. 0:15:27.960 --> 0:15:29.780 Because look, if all I can afford is $ 3, 000 a month, 0:15:31.350 --> 0:15:33.090 It doesn't really matter to me how much of that 0:15:33.170 --> 0:15:34.830 is the price and how much of that is the 0:15:34.890 --> 0:15:35.430 interest rate. 0:15:35.470 --> 0:15:36.510 That's all the money I. 0:15:36.450 --> 0:15:38.910 Got, for instance. So it puts downward pressure on houses. 0:15:39.690 --> 0:15:44.430 And so housing prices should be tumbling, but they're not. 0:15:45.450 --> 0:15:49.530 They're starting to show weakness as about a third of 0:15:49.690 --> 0:15:55.390 folks who had the old ultra-cheap mortgages don't have the— 0:15:55.500 --> 0:15:57.940 I'm sorry, but today more than a third of outstanding 0:15:58.000 --> 0:16:03.020 home loans have a rate above 5%. So at least 0:16:03.100 --> 0:16:08.640 a third of them aren't the ultra-cheapos, and those are 0:16:08.680 --> 0:16:11.730 more likely to be sold. But here's the really, really 0:16:11.810 --> 0:16:16.270 weird part. The number of people who put their house 0:16:16.350 --> 0:16:19.109 on the market then say, never mind, is at an 0:16:19.350 --> 0:16:22.860 all-time high. If they can't get the price they want, 0:16:22.900 --> 0:16:26.500 they just say, yeah, we'll stay, I guess. 0:16:26.680 --> 0:16:28.840 That's an interesting situation to be in. 0:16:29.460 --> 0:16:33.520 Yeah, other than divorces and job transfers and death and 0:16:33.560 --> 0:16:36.580 that sort of thing, people are just not selling in. 0:16:36.540 --> 0:16:39.160 The normal ways and in the normal intervals, at least 0:16:39.250 --> 0:16:39.750 for now. 0:16:39.850 --> 0:16:41.850 Isn't people just wanting to see what they could get 0:16:41.910 --> 0:16:43.550 for it? And if they got enough money, they'd go 0:16:43.570 --> 0:16:46.310 ahead and move? Because I've never moved just for the 0:16:46.330 --> 0:16:49.910 hell of it. So I don't know what that is. 0:16:50.490 --> 0:16:53.730 Well, I think people do have a certain expectation what 0:16:53.750 --> 0:16:56.970 their house is worth, and often it's unrealistic. But especially 0:16:57.070 --> 0:16:59.310 since housing prices have been pretty high for a pretty 0:16:59.350 --> 0:17:04.469 long time, if you bought three, four years ago and 0:17:04.930 --> 0:17:07.830 you realize nobody can give you anything close to what 0:17:07.869 --> 0:17:09.030 you thought you might be able to. 0:17:08.990 --> 0:17:10.300 Get, you just stay put. 0:17:10.580 --> 0:17:13.080 Every move I've ever made in my life, though, is job, 0:17:14.119 --> 0:17:18.179 school district, something. There was a reason, wasn't there? If 0:17:18.220 --> 0:17:19.320 it doesn't sell, we'll just stay here. 0:17:19.359 --> 0:17:20.300 I guess. Right. 0:17:20.340 --> 0:17:23.659 So you've got this huge oversupply of houses for sale 0:17:23.740 --> 0:17:24.899 and an undersupply of buyers. 0:17:24.920 --> 0:17:27.510 I mean, come on, supply and demand, Econ 101, right? 0:17:27.550 --> 0:17:28.469 Except it's not happening. 0:17:29.050 --> 0:17:32.129 In September, 6% of sellers pulled a property off the 0:17:32.170 --> 0:17:34.290 market after failing to get an acceptable offer. 0:17:34.820 --> 0:17:40.129 In Chicago, it was 18% of homes. Every state's different. 0:17:40.150 --> 0:17:40.869 Every town's different. 0:17:40.890 --> 0:17:42.639 And then even within a town, you can have different 0:17:42.760 --> 0:17:44.940 markets going on within the same town. So it's all 0:17:45.040 --> 0:17:48.040 anecdotal evidence, you know, for individuals. But, man, there's a 0:17:48.060 --> 0:17:50.260 lot of signs in my town. And there weren't any 0:17:50.280 --> 0:17:52.740 a couple of years ago when I was looking. It'd 0:17:52.770 --> 0:17:54.750 be like one every couple of weeks, and it would 0:17:54.770 --> 0:17:57.050 last three days. Now they're all– there was one corner 0:17:57.070 --> 0:17:58.409 I drove by the other day. There must have been 0:17:58.590 --> 0:18:00.590 eight signs there competing to try to get you to 0:18:00.630 --> 0:18:02.450 go that way and go look. 0:18:02.350 --> 0:18:02.760 At the house. 0:18:02.780 --> 0:18:03.080 Right. 0:18:03.300 --> 0:18:06.820 Yeah, so check your local numbers, obviously. In Austin, for instance, 0:18:07.080 --> 0:18:10.700 home values are down 27% from their peak in 2022. 0:18:10.700 --> 0:18:14.859 Whoa. Yeah. That's what I've been waiting for. I don't 0:18:14.880 --> 0:18:16.780 live in Austin. We've got a lot more on the way. 0:18:16.800 --> 0:18:19.700 Armstrong and Getty. 0:18:21.320 --> 0:18:25.350 He posted AI-generated video that shows him chasing and hugging 0:18:25.380 --> 0:18:28.210 a tiger, a video that appears to be a reference 0:18:28.290 --> 0:18:30.109 to an incident this weekend where a man in the 0:18:30.230 --> 0:18:33.570 UK was killed by a tiger after entering its enclosure 0:18:33.970 --> 0:18:34.770 at a wildlife park. 0:18:35.230 --> 0:18:37.490 Really? It appears to be a reference to that? Hmm, 0:18:37.560 --> 0:18:40.199 it does appear that way. Is that a report on 0:18:40.240 --> 0:18:43.419 a meme? Yes, that was a news report on a meme. 0:18:44.080 --> 0:18:46.020 I would say, you talked the other day that you 0:18:46.040 --> 0:18:50.040 feel like we're in a September 10th moment, people regularly... 0:18:50.869 --> 0:18:53.130 Quote how we were into shark attacks was the big 0:18:53.170 --> 0:18:55.780 story right before September 11th. We weren't paying attention to 0:18:55.800 --> 0:19:00.879 the world. Our news, our mainstream news. which few people 0:19:00.920 --> 0:19:03.320 watch anymore, so maybe it's not an indication of anything. 0:19:03.740 --> 0:19:06.730 But our mainstream news, our big evening newscasts, are dumber 0:19:06.770 --> 0:19:09.150