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Speaker 1: There's not a snowball's chance in hell the Canada will

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Speaker 1: ever be the fifty first.

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Speaker 2: What's that you, mister American Ambassador.

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Speaker 3: Canada going, Well, welcome to the Greater Houston.

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Speaker 4: Actually, I don't think we're in the greater Houston, Texas area.

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Speaker 4: We're in actual Houston, Texas. I'm Jonathan Shuttlesworth. To fake

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Speaker 4: plants behind me to spice things up. We have a

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Speaker 4: lot to get to today, so we're gonna get ready

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Speaker 4: to it. Breaking the Truth on the Trump Tariffs China

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Speaker 4: strikes back victory for Doge. Fifteen Things the Master's Champion

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Speaker 4: gets is that the title that's on there is how

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Speaker 4: it looks on YouTube.

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Speaker 2: Okay, you can make it readable, that would be great.

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Speaker 4: Breaking the Truth on Trump's tariffs China strikes back victory

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Speaker 4: for Doge and fifteen Things the Master Champion gets life,

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Speaker 4: which I found interesting. Unless you live in a cave,

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Speaker 4: which many of you may, you are hearing the Trump

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Speaker 4: tariff stuff that it's going to collapse the economy and

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Speaker 4: we're going into a major recession.

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Speaker 2: What's the truth?

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Speaker 4: There are mixed reviews, but I wanted to cover it

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Speaker 4: from a variety of perspectives and find out the truth.

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Speaker 2: So let's check the news.

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Speaker 4: Legendary hedge fund Managery Daallyo on Trump's tariffs. I agree

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Speaker 4: with the problem, but I'm very concerned about the solution.

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Speaker 4: Longer video. If you don't know who this guy is,

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Speaker 4: I don't either. I just know that he is a

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Speaker 4: major guy in wealth management, and so you know, basically,

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Speaker 4: you're not going to find many anti Trump people or

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Speaker 4: pro Biden people in the finance world.

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Speaker 2: They don't care.

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Speaker 4: They want to they want to make money, so they

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Speaker 4: just read how things are going and react accordingly. So

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Speaker 4: you get pretty you'll get differences of opinion, but they're

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Speaker 4: not necessarily biased opinion roll it.

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Speaker 5: Bridgewater Associates founder Ray Dallio, posting on LinkedIn and weighing

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Speaker 5: in on tariffs, he says it's more important to focus

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Speaker 5: on the idea that quote, we're seeing a classic breakdown

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Speaker 5: of the major monetary, political, and geopolitical orders. Sort of

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Speaker 5: breakdown occurs only about once in a lifetime, but they

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Speaker 5: have happened many times in history when similar unsustainable conditions

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Speaker 5: were in place. Joining us right now first on CNBC's

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Speaker 5: Bridgewater founder Ray dalli and thrilled to have you here.

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Speaker 5: On a morning when we're still trying to make sense

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Speaker 5: of what all these tariffs mean. Ray and frankly, how

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Speaker 5: all of this plays out, So to the extent that

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Speaker 5: you can help us with the history, or at least

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Speaker 5: the history lesson if you think there are parallels, How

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Speaker 5: does this play out?

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Speaker 6: Good to see you, Joe, Andrew, Joe and Becky.

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Speaker 7: I think that we don't understand how the cycle goes

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Speaker 7: because it comes along about once in a lifetime. But

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Speaker 7: there are orders, you know, there are systems, and the

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Speaker 7: systems break down for certain reasons, and a great cycles.

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Speaker 7: For example, there's a monetary system, and then there's a

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Speaker 7: debt cycle, and so as a result, we now have.

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Speaker 4: You know, one man, I know this is not riveting

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Speaker 4: material and there's no show far as involved or prophetic flags.

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Speaker 4: But if you can discipline yourself to listen to this

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Speaker 4: social like this for an hour or so, you'll be

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Speaker 4: less of a moron.

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Speaker 2: At the end, continue.

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Speaker 7: Men's assets, and when you build these up and you

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Speaker 7: get to a point where you can't sustain that, you

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Speaker 7: have a debt issue.

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Speaker 2: We have you're stuck.

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Speaker 7: We can get into that. But there's a monetary cycle,

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Speaker 7: there's an internal political order cycle that takes us from

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Speaker 7: one political order to another political order, in which there's

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Speaker 7: then classically great turbulence between the left and the right.

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Speaker 7: And because of disorder, particularly in democracies, there's a lot

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Speaker 7: of fighting because there needs to be cooperation, compromise, and

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Speaker 7: so on. And we're in the process of changing that order.

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Speaker 7: In addition, we have the international world order. International world

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Speaker 7: order began in nineteen forty five. There's a war, you

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Speaker 7: win a war, the dominant powers get to set the rules.

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Speaker 7: That was a series of multilateral loosing things like the

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Speaker 7: United Nations, World Trade Organization, World bustinances, and the world debts,

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Speaker 7: and that multilateralism is then breaking down for unilateralism for

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Speaker 7: the same reasons. So there are these three orders related

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Speaker 7: to too much debt.

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Speaker 2: Debt is money?

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Speaker 7: Second internal order, how does our system work? Who's going

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Speaker 7: to get control of this problem? And then number three,

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Speaker 7: In addition of the five main forces. Of five main forces,

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Speaker 7: there's also throughout history climate acts of nature, droughts, floods,

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Speaker 7: and pandemics have killed more people and top of more orders.

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Speaker 7: And then there's also throughout history manage the technologies or

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Speaker 7: just creating this transformative result. The interactions of these.

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Speaker 2: Guy's causing a recession in my interest is what going on.

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Speaker 7: So if we look at tariffs, tariffs represent a dealing

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Speaker 7: with the imbalances. The imbalance means we have a tremendous

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Speaker 7: capital imbalance, jumping ahead trade imbalance, and select the whole

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Speaker 7: point of view that manufacturing is very difficult under this

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Speaker 7: sort of circumstances to create within the United States, yet

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Speaker 7: it's needed.

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Speaker 5: So therefore, you agree with the president, you disagree with

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Speaker 5: the president. I'm trying to understand what the conclusion is here.

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Speaker 5: If the president is watching you right now, Scott Besson

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Speaker 5: is watching you right now, you're telling him what it's

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Speaker 5: a good idea.

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Speaker 2: You're telling him abandon this idea.

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Speaker 7: What he said, I agree with the problem, Okay, I

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Speaker 7: am very concerned about the solution.

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Speaker 4: Okay, practical, interesting answer. I agree with Trump's assessment of

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Speaker 4: the problem. I'm very concerned about his solution. Continue of

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Speaker 4: the solution.

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Speaker 7: In other words, I think that this is going to

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Speaker 7: create not only the problem the capital markets problem that

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Speaker 7: I'm talking about related to prices going up, cost going

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Speaker 7: cost going up, prices revenue going down, and capital problem,

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Speaker 7: but I also think that this is going to create

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Speaker 7: great sand in the gears of production worldwide. At the

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Speaker 7: same time, I do agree that this interdependency, this issue

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Speaker 7: of productivity in the world in which we have to

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Speaker 7: be competitive and productive and we're not competitive in producing things,

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Speaker 7: is a longer term problem, not an easy one, and

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Speaker 7: I do expect that it is going to have political consequences.

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Speaker 2: This is the nature of the cycle.

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Speaker 7: It is coming also at the same time as we

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Speaker 7: have a budget issue now. The budget issue is a

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Speaker 7: compro important isssue. So as we look ahead in the

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Speaker 7: months ahead, we have to get the budget deficit down

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Speaker 7: to three percent of GDP. I worry about that. At

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Speaker 7: the same time as this is happening. These are not

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Speaker 7: easy problems to solve. I'm concerned because the bigger problems exist.

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Speaker 2: The debt exists.

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Speaker 7: You can't get around that depemberver spending exists.

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Speaker 2: You scare of that.

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Speaker 7: You still have that competitiveness issue.

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Speaker 2: These have repeated throughout history.

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Speaker 7: We're in a period that's very much like the nineteen thirties.

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Speaker 2: That's Misresspala. Good to see you. I was about to

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Speaker 2: check in on you. Let me know generally how you're doing.

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Speaker 2: In the comments.

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Speaker 4: I love you man, continue, We should have never let

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Speaker 4: it get to this point.

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Speaker 2: Here's the problem. The year two thousand.

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Speaker 4: Those are bluer countries that have a larger trading that

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Speaker 4: the US is their largest trading partner, larger trading partner,

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Speaker 4: red is China is their larger trading partner. So look

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Speaker 4: at two thousand, look at twenty twenty four, and I'm

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Speaker 4: telling you Canada is probably close to flip and rent

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Speaker 4: on there.

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Speaker 2: I mean, I mean, that's it.

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Speaker 4: So yeah, while we were sleeping, China took the world over.

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Speaker 2: Next. Oh, check me tonight.

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Speaker 4: Spring First Church, April seventh through the eleventh, Monday to Friday,

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Speaker 4: seven pm one eight five to one, Spring Cypress Road, Spring, Texas.

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Speaker 4: They've been great meetings. My new book that I'm very

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Speaker 4: proud of, how to Prevail in Every Battle of Life.

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Speaker 4: I got the test copy with the new cover, how

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Speaker 4: to Prevail in Every Battle of Life.

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Speaker 2: That's right.

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Speaker 4: See you tonight, if you're anywhere in Louisiana, East Texas,

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Speaker 4: Central Texas.

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Speaker 2: Come see me. They've been great services. See you tonight. Continue.

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Speaker 2: This man knows the market.

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Speaker 4: He predicted the dot com bubble two thousand, Great Recession

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Speaker 4: two thousand and eight.

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Speaker 2: The COVID bubble.

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Speaker 4: Twenty twenty one, Howard Marks just went on Bloomberg and said,

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Speaker 4: tariffs are changing everything. Here's his latest warning. Go oh sorry,

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Speaker 4: this is let me see the tween. This is the

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Speaker 4: biggest change of seasons world War two.

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Speaker 2: Roll it.

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Speaker 8: This is the biggest change in the environment that I've seen,

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Speaker 8: probably in my career. You know, we've gone from free

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Speaker 8: trade or world trade and globalization to this system which

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Speaker 8: implies significant restrictions on trade in every direction.

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Speaker 2: Nice.

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Speaker 4: Global trade was the biggest driver of prosperity in the

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Speaker 4: last eighty years. Marx likens it to a wave that

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Speaker 4: lifted all boats.

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Speaker 2: Roll it.

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Speaker 8: I believe that the last eighty years since World War

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Speaker 8: two have been the best economic period in the history

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Speaker 8: of mankind, and one of the major reasons was the

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Speaker 8: growth of trade. And I think that we have truly

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Speaker 8: had a rising tide that lifted all boats, and trade

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Speaker 8: was a big part of that.

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Speaker 2: And yes, keep it playing.

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Speaker 8: Every country, for example, does some things better and worse,

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Speaker 8: and worldwide welfare is maximized when every country does the

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Speaker 8: things it does.

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Speaker 2: Just the conists and you sells them.

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Speaker 4: If you were worth a hundred million dollars but had

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Speaker 4: to look like that or have your current money and

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Speaker 4: look like you what do you pick continue.

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Speaker 8: Countries that need them, which do other things and sell

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Speaker 8: them to other people. That's how trade works. And well,

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Speaker 8: I don't know if it's politically correct.

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Speaker 2: There's no wrong answer.

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Speaker 8: The good news is that the Italians make the pasta

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Speaker 8: and this watching check the news.

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Speaker 9: We'll be right back after these. Message is.

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Speaker 10: Welcome back to check the News.

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Speaker 4: LUs has long argued that government red tape blocks progress.

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Speaker 11: Roll it kind of a separate but related question, isn't

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Speaker 11: this all mooted by starlink?

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Speaker 6: That can't they just do like?

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Speaker 11: It feels like that they're that product is getting quite good,

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Speaker 11: and it's like, you know what, maybe actually give up

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Speaker 11: on the whole laying broadband everywhere?

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Speaker 6: Look, well, am I wrong about I'm.

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Speaker 12: Not a I think that you know, we did an

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Speaker 12: extensive amount of analysis about the right way of serving

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Speaker 12: these households, and if you look at both a technical

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Speaker 12: analysis and sort of a basic cost benefit analysis, trying

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Speaker 12: to lay fiber optic cable to as many of these

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Speaker 12: households as possible is the right way to go.

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Speaker 6: It saves money in.

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Speaker 2: The you're you're you're a liar.

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Speaker 4: The most cost effective way rather than give everybody what

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Speaker 4: is are like four hundred bucks and then Elon must

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Speaker 4: say he would give like a massive discount if it

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Speaker 4: was to help.

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Speaker 2: Roll or donate it or whatever.

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Speaker 4: So we looked at the cost analysis and we found

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Speaker 4: the best way is to lay wires to every home

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Speaker 4: that doesn't have the Internet.

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Speaker 2: You're lying.

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Speaker 4: And then secondly, if you're worried about the cost, how

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Speaker 4: is it at forty two and a half billion dollars

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Speaker 4: spent and there's nobody that has the Internet?

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Speaker 2: You lying, bastard?

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Speaker 12: Keep going long term. It's basically a future proof product.

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Speaker 12: You do it now, you don't have to come back

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Speaker 12: in five or ten or fifteen years.

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Speaker 2: Plus.

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Speaker 4: Yeah, if you lay broadband now, there'll be no technological

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Speaker 4: upgrades in five or ten years. You're basically set for life.

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Speaker 4: That's how technology works. Who is this guy? Where did

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Speaker 4: they find him? Keep going?

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Speaker 2: He should be driving.

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Speaker 12: Over whatever development's happened in the world of delivering internet

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Speaker 12: to people having fiber optic cable. Going to these houses

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Speaker 12: can do that right now, starlink, Sure it is a

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Speaker 12: pretty effective product.

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Speaker 4: But sure it's pretty effective and could be done right

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Speaker 4: now at no cost. Having said that, I'm interested here

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Speaker 4: the second part.

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Speaker 12: For one, it hasn't been shown to be able to

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Speaker 12: consistently deliver the kinds of speeds that you need.

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Speaker 2: Boss to do.

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Speaker 4: What it can consistently deliver it better than the nose

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Speaker 4: speed they're getting right now when you haven't delivered your

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Speaker 4: product in five years, You shmuck.

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Speaker 2: Keep going, talk.

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Speaker 12: About stream video, do telemedicine, all the stuff that we

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Speaker 12: actually want to do to make sure that rural communities

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Speaker 12: are fully linked into the economy. Second of all, I

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Speaker 12: don't know about you, but.

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Speaker 2: You're so full of crap.

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Speaker 4: I'm sure this guy's sitting up at night hoping the

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Speaker 4: rural communities are linked into the economy. You wanted to

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Speaker 4: make a forty two and a half billion dollar deal

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Speaker 4: so everybody can get paid, and nobody gets the internet,

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Speaker 4: but everybody is swimming in government money.

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Speaker 2: You lying bastard, Keep going.

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Speaker 12: I would have real concerns about putting internet access for

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Speaker 12: ten to fifteen twenty million households completely in the hands

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Speaker 12: of one guy who's already shown but he's willing to

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Speaker 12: take the network on and offline depending on his own

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Speaker 12: personal wins and so I think that that's a concern yet.

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Speaker 11: And also there's there's a limit to how much junk

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Speaker 11: you can have flying.

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Speaker 6: Up there completely.

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Speaker 2: There's that too.

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Speaker 4: Oh shut up those two. They should lock the studio

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Speaker 4: and put in some gas.

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Speaker 7: Uh.

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Speaker 4: I don't know if you can say that on YouTube.

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Speaker 4: They amputated their own legs on this.

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Speaker 6: It immense.

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Speaker 1: Then there's a series of court cases. And so for

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Speaker 1: a roal broadband, for instance, what you end up having

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Speaker 1: is a fourteen stage process, Like there's a period where

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Speaker 1: the Commerce Department needs to drop a map of which

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Speaker 1: parts of the country don't have the right amount of broadband,

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Speaker 1: and then there's a challenge period on the map.

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Speaker 2: And is that at the end of it there? Oh yeah,

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Speaker 2: let's let's let's keep going on.

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Speaker 6: That one immense.

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Speaker 1: Then there's a series of court.

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Speaker 2: Cases like and the next one in the thread.

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Speaker 4: Internet excess isn't just convenience, it's opportunity.

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Speaker 2: Next.

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Speaker 4: What's remarkable is Stuart's willingness to cross political ends.

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Speaker 2: I agree, I like him for that.

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Speaker 4: Typically aligned with progressive causes, he now acknowledges what many dismissed,

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Speaker 4: the truth about government inefficiency transcends partisanship. The evidence became

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Speaker 4: too overwhelming to ignore.

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Speaker 2: So there, Yeah, there's one more.

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Speaker 4: At least, Klein pointed out, this wasn't just a failure

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Speaker 4: of execution.

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Speaker 1: Roll it Okay, at this point, it's forty seven of

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Speaker 1: the fifty six, so we've just lost nine of the applicants.

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Speaker 2: My hair was.

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Speaker 13: Dark when we started this process.

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Speaker 2: I was a young, healthy man.

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Speaker 13: I had the bone density of a sutainless Demi.

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Speaker 14: Vo two max was amazing.

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Speaker 13: I didn't need any supplements. This is and by the way,

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Speaker 13: I want to make sure that everybody understands each one

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Speaker 13: of these steps. I'm sure, and pardon me if I'm

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Speaker 13: being presumptive here or presumptuous. Each one of these steps

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Speaker 13: has an amount of time. Yes, they write into so

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Speaker 13: in other words, it's a ninety day waiting period for

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Speaker 13: these challenges.

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Speaker 2: It's a one.

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Speaker 13: Hundred and twenty day review process. Correct challenge, Like there's

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Speaker 13: already without anybody even submitting anything that they could have

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Speaker 13: seen on a macro level, you're two and a half

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Speaker 13: years of nothingness.

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Speaker 4: Will the government spends years on pay for it? Companies

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Speaker 4: like Starlink deployed solutions in weeks. This raises questions about

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Speaker 4: whether bureaucracy is intentional.

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Speaker 2: Course, it is questions.

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Speaker 4: By keeping access complicated, information flow or men's controlled.

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Speaker 2: That's right, continue.

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Speaker 4: Stewart's realization reflect the growing consciousness.

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Speaker 1: Next, so except for being annoyed, there's construction.

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Speaker 2: You can go to the next this how to keep going.

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Speaker 15: Roull It will refer to ourselves as tech tech support.

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Speaker 15: You know, we're really helping the department get a handle

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Speaker 15: on things. Because what actually happens here is you've got this,

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Speaker 15: this sort of vast federal bureaucracy, and then you've got

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Speaker 15: a very thin layer on top of the of the

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Speaker 15: politically appointed officials. And what has happened democracy, frankly, is

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Speaker 15: eighty or the politically appointed people. I'm sure you must

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Speaker 15: have seen that.

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Speaker 6: I've lived with this twice.

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Speaker 16: I've worked for many years ago, and I worked for

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Speaker 16: Trump in the first term.

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Speaker 17: It's like a permanent bureaucracy, I might add, it's a

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Speaker 17: permanently liberal bureaucracy.

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Speaker 2: Yes, very much so.

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Speaker 8: And it doesn't it's it's not a bureaucracy that necessarily

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Speaker 8: enforces or implements presidential policy.

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Speaker 6: They don't.

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Speaker 15: In fact, they tried their best to thwart to president policy.

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Speaker 15: So the president is the elected representative of the people.

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Speaker 15: And if the president cannot get things implemented as a

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Speaker 15: reflection of the well of the people, then what we

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Speaker 15: have is not a democracy. We have a bureaucracy. We

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Speaker 15: have rule of the bureau, not rule of the people.

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Speaker 15: And that's what we're trying to defeat. Here is the bureaucracy,

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Speaker 15: and have rule of the people.

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Speaker 4: And I just want to say, if you're going to

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Speaker 4: go back to me, I'm done with this threat. If

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Speaker 4: you're a liberal, you have some explaining to do because

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Speaker 4: you went from occupy Wall Street, pro electric car to

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Speaker 4: now just because you hate Trump. You're burning electric cars

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Speaker 4: with gasoline and you're pro Wall Street.

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Speaker 2: You're upset that the stock market's crashing. I don't get you.

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Speaker 4: I guarantee if Biden was in office or Kamala Harris

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Speaker 4: and Wall Street was crashing, you guys would all be

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Speaker 4: popping champagne. You hate those people, so pick aside. Next,

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Speaker 4: this is Kevin O'Leary. This This by Kevin O'Leary is

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Speaker 4: on point. This is my friend Yoseeka Sttinger. I love

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Speaker 4: this guy.

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Speaker 2: Roll it.

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Speaker 18: One hundred and four percent. Tariffs in China are not enough.

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Speaker 18: I'm advocating four hundred percent.

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Speaker 2: I do business in China positive.

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Speaker 4: If you watch this with me, this show, you'll know

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Speaker 4: what's going on with tariff's. I'm giving you every side

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Speaker 4: I'm not. This is not a Trump apologist show or

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Speaker 4: Trump attack show. I'm showing you a bunch of top

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Speaker 4: billionaires and hedge fund managers and what their take is

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Speaker 4: on what's going on and what's going to happen in

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Speaker 4: the future. So you'll at least know rather than just

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Speaker 4: knowing what cat Turn said.

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Speaker 2: Keep going the rules.

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Speaker 18: They've been in the WHO for decades. They have never

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Speaker 18: abided by any of the rules they agreed to when

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Speaker 18: they came in for decades. They cheat, they steal, they

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Speaker 18: steal ip I can't litigate in their courts. They take product, technology,

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Speaker 18: they steal it, they manufacture it and sell it back.

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Speaker 18: Here never has an administrator. I want Chi on an

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Speaker 18: airplane to Washington to level the playing field. It is

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00:21:06,040 --> 00:21:10,200
Speaker 18: not about tariffs anymore. Nobody has taken on China yet,

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Speaker 18: not the Europeans, no administration for decades.

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Speaker 2: US as someone.

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Speaker 4: You hear what he's saying, and those are serious charges

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Speaker 4: to Levy on television China steals people's products and resells.

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Speaker 2: Them to the US.

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Speaker 4: And if you can't sue them for Chinese courts. Everybody

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Speaker 4: knows that, continue one who.

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Speaker 18: Actually does business there. I've had enough. I speak for

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Speaker 18: millions of Americans who have ip that have been stolen

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Speaker 18: by the Chinese.

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Speaker 2: I have nothing to intellectual bronx people.

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Speaker 18: They brought great literacy, art, and tech to the world.

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Speaker 18: The government cheats and steals, and finally, an administration. You

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Speaker 18: may not like Trump, you may not like his style

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Speaker 18: or his rhetoric. Finally an administration that puts up and

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Speaker 18: says enough for one hundred percent tariffs. Tomorrow morning, he'll

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Speaker 18: tell you why. She can only stay the Supreme leader

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Speaker 18: if people are employed, if we wipe out any business there.

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Speaker 18: Because we are still thirty nine percent of all consumables

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Speaker 18: on Earth and twenty five percent of the world's GDP,

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Speaker 18: America is the number one economy on Earth with all

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Speaker 18: the cards. We will not have that forever. It's time

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Speaker 18: to squeeze Chinese heads into the wall.

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Speaker 19: Now, okay, I hear you, but hold on.

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Speaker 4: If we're quite a way to phrase it, I'm to

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Speaker 4: squeeze Chinese heads into the wall. And even me would

410
00:22:35,119 --> 00:22:38,000
Speaker 4: have gone with different terminology. Keep going talking.

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Speaker 19: About people, the average consumer, not necessarily the head honchos

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Speaker 19: of businesses all across the globe. Can they withstand the

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Speaker 19: pressure of that sort of tax.

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Speaker 13: On the goods lived?

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Speaker 2: There will be?

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Speaker 18: But yeah, but.

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Speaker 19: What's your timeline compared to You don't know the average

418
00:22:54,520 --> 00:22:56,639
Speaker 19: Americans timeline what they can actually survive.

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Speaker 20: There's people right now.

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Speaker 10: Who can't survive one hundred percent.

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Speaker 18: Tomorrow morning, she's on an airplane to Washington to cut

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Speaker 18: a deal.

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Speaker 2: Next victory for Doge.

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00:23:05,520 --> 00:23:10,600
Speaker 4: An appeals court reinstates access to personal data. So Trump

425
00:23:10,720 --> 00:23:13,400
Speaker 4: won a victory in the Supreme Court two days ago,

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00:23:13,560 --> 00:23:17,960
Speaker 4: and now Doge gets access back to personal data. Next

427
00:23:20,920 --> 00:23:25,320
Speaker 4: all the way. Next, Oh, there's my wife. If you're

428
00:23:25,320 --> 00:23:27,840
Speaker 4: a lady and you'd like to get mentored by who

429
00:23:27,960 --> 00:23:30,240
Speaker 4: I consider the greatest lady in the history of the world,

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00:23:30,400 --> 00:23:34,520
Speaker 4: rtcregister dot com. It's free. There's not tears where it's free.

431
00:23:34,560 --> 00:23:35,880
Speaker 4: And then if you really want to talk to her,

432
00:23:35,880 --> 00:23:37,480
Speaker 4: you have to pay a monthly fee.

433
00:23:37,520 --> 00:23:38,000
Speaker 2: It's free.

434
00:23:38,119 --> 00:23:42,800
Speaker 4: Next Jamie Kennedy, The fifteen Things a Master's Champion Gets.

435
00:23:43,200 --> 00:23:45,960
Speaker 4: I was curious about exactly what comes with winning at Augustus.

436
00:23:46,000 --> 00:23:47,919
Speaker 4: I researched it and came up with a list of

437
00:23:47,960 --> 00:23:50,320
Speaker 4: everything that comes with a master's victory in twenty twenty five.

438
00:23:52,359 --> 00:23:54,760
Speaker 4: The Green Jacket, a tradition started in nineteen forty nine

439
00:23:54,800 --> 00:23:56,840
Speaker 4: inspired by members of Royal Liverpool the.

440
00:23:56,840 --> 00:23:59,960
Speaker 9: Color watching check the news. Well, be right back after

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00:24:00,200 --> 00:24:00,960
Speaker 9: these messages.

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00:24:03,680 --> 00:24:05,280
Speaker 10: Welcome back to check the news.

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00:24:08,359 --> 00:24:11,400
Speaker 4: Okay, this was on a morning show in Africa. This

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00:24:11,440 --> 00:24:13,040
Speaker 4: is a pastor roll it.

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00:24:14,600 --> 00:24:16,399
Speaker 21: I am one of the women of God who thinks

446
00:24:16,440 --> 00:24:19,440
Speaker 21: that before you marry a man you must see his finish.

447
00:24:21,760 --> 00:24:24,119
Speaker 2: You must see it, you must hold it, you must

448
00:24:24,119 --> 00:24:29,720
Speaker 2: feel it. And this show is working. Why are you

449
00:24:29,760 --> 00:24:31,199
Speaker 2: being like uncomfortable that? No?

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00:24:31,240 --> 00:24:34,239
Speaker 4: I have you know in that Ladies defense a lot

451
00:24:34,240 --> 00:24:35,960
Speaker 4: of times, So if you say that at eight in

452
00:24:36,000 --> 00:24:39,159
Speaker 4: the morning, it will kind of like cause people to

453
00:24:39,280 --> 00:24:40,120
Speaker 4: just be quiet.

454
00:24:41,480 --> 00:24:42,840
Speaker 2: I would say it anytime of day.

455
00:24:42,840 --> 00:24:46,560
Speaker 4: If you just blurt that out, it's gonna generally get quiet,

456
00:24:46,760 --> 00:24:48,960
Speaker 4: unless you're on the set of the Howard Stern Show

457
00:24:49,080 --> 00:24:52,360
Speaker 4: or I don't know, why are you being uncomfortable?

458
00:24:52,800 --> 00:24:56,240
Speaker 2: I don't know that's a pastor giving the device.

459
00:24:56,280 --> 00:24:59,720
Speaker 5: Continue, Yes you do, let me drink water.

460
00:25:05,400 --> 00:25:11,800
Speaker 2: Memanhaus means best to look with your ministry.

461
00:25:11,880 --> 00:25:15,879
Speaker 4: Next, if tariffs are so bad, why are Chinese stocks

462
00:25:15,960 --> 00:25:16,639
Speaker 4: rallying today?

463
00:25:17,280 --> 00:25:23,600
Speaker 2: Next? Scott Bascent issues new declaration roll it.

464
00:25:24,400 --> 00:25:28,760
Speaker 20: For too long, financial policy has served large financial institutions

465
00:25:29,160 --> 00:25:30,919
Speaker 20: at the expense of smaller ones.

466
00:25:31,359 --> 00:25:33,000
Speaker 12: No more, No more.

467
00:25:36,960 --> 00:25:40,920
Speaker 20: This administration aims to give all banks the chance to succeed,

468
00:25:41,400 --> 00:25:45,000
Speaker 20: whether it's JP Morgan or your local mortgage and loan.

469
00:25:45,720 --> 00:25:46,800
Speaker 6: It aims to get.

470
00:25:46,640 --> 00:25:50,560
Speaker 20: Capital to Americans who need it by getting bureaucracy out

471
00:25:50,640 --> 00:25:54,640
Speaker 20: of the way. For the last four decades, basically since

472
00:25:54,640 --> 00:25:57,680
Speaker 20: I began my career in Wall Street, Wall Street has

473
00:25:57,680 --> 00:26:01,439
Speaker 20: grown wealthier than ever before, and it can continue to

474
00:26:01,520 --> 00:26:04,479
Speaker 20: grow and do well. But for the next four years,

475
00:26:04,960 --> 00:26:08,280
Speaker 20: the Trump agenda is focused on main Street. It's main

476
00:26:08,320 --> 00:26:10,920
Speaker 20: Street's turn, It's main st turn.

477
00:26:11,440 --> 00:26:14,639
Speaker 4: So this is all the stuff Obama people said, So

478
00:26:14,720 --> 00:26:15,720
Speaker 4: what's the problem.

479
00:26:16,240 --> 00:26:17,640
Speaker 2: Do you remember that? I remember?

480
00:26:17,760 --> 00:26:21,760
Speaker 4: Do you remember crushed Wall Street? Occupy Wall Street? Bring

481
00:26:21,800 --> 00:26:25,320
Speaker 4: down Wall Street? And That's what Trump's policy actually is.

482
00:26:25,359 --> 00:26:25,600
Speaker 2: Now.

483
00:26:26,200 --> 00:26:28,000
Speaker 4: I don't actually care what's happened to Wall Street. I'm

484
00:26:28,040 --> 00:26:31,280
Speaker 4: focused on main Street consumers. Somebody wrote in the comments

485
00:26:31,640 --> 00:26:36,040
Speaker 4: ten percent of people own ninety three percent of stocks.

486
00:26:38,240 --> 00:26:41,040
Speaker 4: So why are you rallying against Trump if you're a liberal.

487
00:26:41,080 --> 00:26:45,720
Speaker 4: I don't get it. That's that's Obama's stated policy. Next,

488
00:26:45,800 --> 00:26:47,760
Speaker 4: I mean, keep going to hire workers.

489
00:26:48,280 --> 00:26:51,920
Speaker 20: It's main street's turn to drive investment, and it's main

490
00:26:51,960 --> 00:26:54,359
Speaker 20: street's turn to restore the American dream.

491
00:26:54,960 --> 00:26:55,240
Speaker 2: Next.

492
00:26:56,280 --> 00:26:58,679
Speaker 4: Today we're at eight one hundred and eighteen percent tariff

493
00:26:59,720 --> 00:27:03,040
Speaker 4: China vers one hundred and four percent tariff USA. Global

494
00:27:03,080 --> 00:27:06,440
Speaker 4: growth will collapse with two largest economies not buying or

495
00:27:06,480 --> 00:27:09,080
Speaker 4: selling anything to each other. It's an epic disaster for

496
00:27:09,119 --> 00:27:13,000
Speaker 4: countless number of companies, domestic and international. That's a stock

497
00:27:13,040 --> 00:27:16,960
Speaker 4: analyst that I listened to, Jaguarre Analytics, East versus West

498
00:27:17,040 --> 00:27:20,240
Speaker 4: economic war. I agree with that East versus West economic war.

499
00:27:20,440 --> 00:27:22,800
Speaker 4: I don't think that that people are going to stop

500
00:27:23,080 --> 00:27:26,040
Speaker 4: producing the and global economy is going to slow down.

501
00:27:26,119 --> 00:27:27,720
Speaker 2: No chance. Next.

502
00:27:29,680 --> 00:27:33,440
Speaker 4: On October nineteenth, nineteen eighty seven, the Dow fell over

503
00:27:33,480 --> 00:27:36,960
Speaker 4: twenty percent in one day. Financial markets did not seize up.

504
00:27:37,240 --> 00:27:40,359
Speaker 4: No lingering crisis. My gosh, everyone, what are you so

505
00:27:40,480 --> 00:27:42,800
Speaker 4: freaked out about? I think it's because everyone was a

506
00:27:42,840 --> 00:27:45,639
Speaker 4: dip buyer, put all their assets in seven stocks and

507
00:27:45,680 --> 00:27:47,160
Speaker 4: think markets only go one way.

508
00:27:47,359 --> 00:27:49,480
Speaker 2: Brian Westbury.

509
00:27:49,720 --> 00:27:54,840
Speaker 4: Next, JP Morgan's Jamie Diamond predicts that a US recession

510
00:27:54,960 --> 00:28:01,399
Speaker 4: is likely. Disagree. Next, it defends depends that you define it.

511
00:28:01,840 --> 00:28:04,840
Speaker 4: Do you personally expect the recession? Jamie Diamond roll it?

512
00:28:05,720 --> 00:28:05,840
Speaker 9: So?

513
00:28:06,000 --> 00:28:08,920
Speaker 17: Are you hearing that from CEOs as well? In terms

514
00:28:08,960 --> 00:28:12,280
Speaker 17: of business managers? Are they now going to start pulling

515
00:28:12,320 --> 00:28:14,800
Speaker 17: it in and cutting back on various expenses?

516
00:28:14,800 --> 00:28:16,680
Speaker 6: I think you can see a little bit of that, yes, yeah.

517
00:28:17,280 --> 00:28:20,240
Speaker 17: But how significant would you expect that? Do you personally

518
00:28:20,280 --> 00:28:21,200
Speaker 17: expect the recession?

519
00:28:21,880 --> 00:28:24,359
Speaker 22: I am going to defer to my accounts to this point,

520
00:28:24,400 --> 00:28:26,359
Speaker 22: but I think probably that's a likely.

521
00:28:26,240 --> 00:28:30,520
Speaker 17: Outcome because markets, I mean, when you see a two

522
00:28:30,560 --> 00:28:33,680
Speaker 17: thousand declined, two thousand point decline, it sort of feeds

523
00:28:33,720 --> 00:28:36,439
Speaker 17: on itself, doesn't it, Because it makes you feel like

524
00:28:36,600 --> 00:28:38,320
Speaker 17: you're losing money in your for own k, you're losing

525
00:28:38,360 --> 00:28:39,160
Speaker 17: money in your pension.

526
00:28:39,440 --> 00:28:40,280
Speaker 21: You got to cut back?

527
00:28:40,400 --> 00:28:40,600
Speaker 2: Yeah?

528
00:28:40,760 --> 00:28:43,360
Speaker 22: Why always remind you know, markets aren't always right, but

529
00:28:43,440 --> 00:28:45,160
Speaker 22: sometimes they are right, and I think this time they

530
00:28:45,200 --> 00:28:48,480
Speaker 22: are right because they're just pricing uncertainty the macro level

531
00:28:48,520 --> 00:28:51,680
Speaker 22: and uncertainty of the micro level at the actual company level,

532
00:28:51,960 --> 00:28:55,400
Speaker 22: and then how it affects consumer sentiment. It's hard to tell.

533
00:28:55,680 --> 00:28:58,360
Speaker 22: You know, consumers still have jobs, wages are going up to.

534
00:28:58,320 --> 00:28:59,720
Speaker 6: The low end, which I think is a good thing.

535
00:29:00,080 --> 00:29:02,480
Speaker 22: But if companies start cutting back, yeah, the consumer sentiment

536
00:29:02,600 --> 00:29:05,520
Speaker 22: changes and business sentiment changes. I think you've already seen

537
00:29:05,560 --> 00:29:06,640
Speaker 22: business centiment change.

538
00:29:06,480 --> 00:29:06,920
Speaker 6: A little bit.

539
00:29:07,240 --> 00:29:10,080
Speaker 22: Hopefully you know, no one's wishing for that, but you know,

540
00:29:10,080 --> 00:29:13,240
Speaker 22: hopefully if there is one, they'll be short. But but

541
00:29:13,240 --> 00:29:16,960
Speaker 22: I do think fixing these tariff issues and traders would

542
00:29:16,960 --> 00:29:19,120
Speaker 22: be a good thing to do. That will get one

543
00:29:19,160 --> 00:29:21,720
Speaker 22: major unserty behind us. We have the strongest cime in

544
00:29:21,720 --> 00:29:23,640
Speaker 22: the world. It'd be good not to add to the

545
00:29:23,720 --> 00:29:24,560
Speaker 22: uncertainty out there.

546
00:29:25,360 --> 00:29:29,360
Speaker 2: Nice. Oh join me on YouTube. Well that's one of a

547
00:29:29,400 --> 00:29:30,360
Speaker 2: nice graphic you made.

548
00:29:30,600 --> 00:29:32,720
Speaker 4: We're at ninety five to one, heading up to one

549
00:29:32,760 --> 00:29:35,480
Speaker 4: hundred thousand. Thank you if you've not subscribed for doing so,

550
00:29:35,560 --> 00:29:36,600
Speaker 4: right now next.

551
00:29:38,080 --> 00:29:38,440
Speaker 2: Roll it.

552
00:29:38,920 --> 00:29:39,000
Speaker 20: So.

553
00:29:39,080 --> 00:29:41,000
Speaker 22: Yeah, I think you're going to see a slow down.

554
00:29:41,040 --> 00:29:42,880
Speaker 22: I think the economics are probably right to say that

555
00:29:43,120 --> 00:29:43,959
Speaker 22: you should expect that.

556
00:29:44,080 --> 00:29:46,360
Speaker 17: Well, how significant is slow down? I mean, are you

557
00:29:46,440 --> 00:29:47,400
Speaker 17: seeing defaults?

558
00:29:47,880 --> 00:29:49,760
Speaker 6: Not yet, but I expect them.

559
00:29:50,120 --> 00:29:53,120
Speaker 22: And the other thing, which we haven't had any slowdown

560
00:29:53,200 --> 00:29:55,760
Speaker 22: or real recession and COVID is so short I almost

561
00:29:55,760 --> 00:29:58,160
Speaker 22: don't include it, and so long that if you have

562
00:29:58,360 --> 00:30:01,400
Speaker 22: rates going up a little bit, inflation is sticky, and

563
00:30:01,560 --> 00:30:03,720
Speaker 22: credits breads are gapping out, which they're going to. I

564
00:30:03,720 --> 00:30:05,680
Speaker 22: think you've seen more credit problems than people have seen

565
00:30:05,680 --> 00:30:09,120
Speaker 22: it a long time, Yes, Ben Shapiro, roll it.

566
00:30:09,440 --> 00:30:12,240
Speaker 21: The most obvious manifestation of debate inside the administration is

567
00:30:12,240 --> 00:30:13,000
Speaker 21: coming courtesy of you.

568
00:30:13,240 --> 00:30:15,240
Speaker 2: Let me add pro vax.

569
00:30:15,360 --> 00:30:18,680
Speaker 4: You're an idiot if you don't get the vaccine pro lockdown,

570
00:30:18,800 --> 00:30:23,400
Speaker 4: Ben Shapiro. Everybody's conservative friend that would full out COMI

571
00:30:23,640 --> 00:30:25,440
Speaker 4: during the lockdown continue.

572
00:30:25,280 --> 00:30:28,040
Speaker 21: The most obvious manifestation of debate inside the administration is

573
00:30:28,080 --> 00:30:30,280
Speaker 21: coming courtesy of Elon Musk. Elon happens to be one

574
00:30:30,360 --> 00:30:33,480
Speaker 21: hundred percent right I about this. So Elon Musk is

575
00:30:33,520 --> 00:30:36,440
Speaker 21: ripping into trade advisor Peter Navarro. Navarro is a big

576
00:30:36,520 --> 00:30:39,520
Speaker 21: TERRORF advocate. He's been in a big TERRORF advocate for years,

577
00:30:39,720 --> 00:30:42,320
Speaker 21: and the Tesla CEO ripped. Peter Navarro is someone who

578
00:30:42,400 --> 00:30:46,040
Speaker 21: ain't built bleep and then when asked about his Harvard

579
00:30:46,040 --> 00:30:48,160
Speaker 21: phg in economics, he said that's a bad thing, not

580
00:30:48,240 --> 00:30:51,920
Speaker 21: a good thing, and then he posted a quote from

581
00:30:52,320 --> 00:30:55,520
Speaker 21: economist Thomas Soula Narry disaster throughout American history, there always

582
00:30:55,520 --> 00:30:57,360
Speaker 21: seems to be a man from Harvard in the middle

583
00:30:57,400 --> 00:31:00,880
Speaker 21: of it. He then suggested, and Navarro had an access

584
00:31:00,920 --> 00:31:04,080
Speaker 21: of self confidence. Writing quote results in the ego brains

585
00:31:04,360 --> 00:31:09,440
Speaker 21: greater than one problem. Meanwhile, plus Musk himself, you're.

586
00:31:09,240 --> 00:31:11,240
Speaker 4: Not gonna hear me give this advice once as a pastor.

587
00:31:11,400 --> 00:31:14,720
Speaker 4: But Ben Shapiro, to help his career, should start smoking.

588
00:31:16,200 --> 00:31:18,760
Speaker 4: I mean, like like four packs a day, get himself

589
00:31:18,800 --> 00:31:20,040
Speaker 4: a nice Jack.

590
00:31:21,240 --> 00:31:22,080
Speaker 2: Buck voice.

591
00:31:22,680 --> 00:31:25,720
Speaker 4: More of us of the Saint Louis Cardinals, it would.

592
00:31:25,920 --> 00:31:29,520
Speaker 4: I'm telling you his viewership with Skyrocket keep going justin.

593
00:31:29,680 --> 00:31:31,920
Speaker 21: And he wants a zero tariff situation, which again, this

594
00:31:32,080 --> 00:31:34,800
Speaker 21: is the this is the good explanation for why you

595
00:31:34,800 --> 00:31:37,400
Speaker 21: would do the tariff game. I urged the President to

596
00:31:37,520 --> 00:31:40,280
Speaker 21: do precisely what Musk is saying here, go to zero

597
00:31:40,400 --> 00:31:41,160
Speaker 21: with all these countries.

598
00:31:41,160 --> 00:31:41,680
Speaker 12: Go to zero.

599
00:31:41,720 --> 00:31:42,120
Speaker 2: That's a win.

600
00:31:42,240 --> 00:31:42,720
Speaker 21: Take the win.

601
00:31:42,880 --> 00:31:44,240
Speaker 2: Move on, Hey, I'll.

602
00:31:44,080 --> 00:31:45,600
Speaker 4: Be good for the Don't mean to call you dummy,

603
00:31:45,640 --> 00:31:48,680
Speaker 4: Ben Shapiro, to go to zero with the countries. What

604
00:31:48,720 --> 00:31:51,360
Speaker 4: do you have to do? What's he supposed to do?

605
00:31:51,520 --> 00:31:53,800
Speaker 4: Drop it to zero where it's already go. Hey, guys,

606
00:31:53,800 --> 00:31:56,840
Speaker 4: can we also have zero? This is how you would

607
00:31:56,840 --> 00:32:01,400
Speaker 4: get it to zero. We're early in. Take a weed

608
00:32:01,400 --> 00:32:02,680
Speaker 4: whacker to your eyebrows.

609
00:32:03,080 --> 00:32:06,080
Speaker 21: Keep going tonomy, good for you. You flex your muscle. You

610
00:32:06,120 --> 00:32:08,160
Speaker 21: to flex American muscle. That would be good. Here is

611
00:32:08,200 --> 00:32:08,800
Speaker 21: Elon Musk.

612
00:32:09,920 --> 00:32:12,880
Speaker 15: I'm hopeful, for example, with the tariffs that that at

613
00:32:12,920 --> 00:32:13,880
Speaker 15: the end of the day.

614
00:32:14,520 --> 00:32:16,680
Speaker 4: Why do we have a sign language lady? Sometimes and

615
00:32:16,800 --> 00:32:19,360
Speaker 4: sometimes either always have them or don't.

616
00:32:19,200 --> 00:32:23,760
Speaker 15: Have ideally, in my view, to a zero tariff situation effectively, Chris.

617
00:32:23,800 --> 00:32:26,320
Speaker 2: So if you're hearing imparative, you have eagle eyed vision.

618
00:32:26,400 --> 00:32:28,600
Speaker 2: You can watch the.

619
00:32:29,400 --> 00:32:30,040
Speaker 12: Fighting back.

620
00:32:30,240 --> 00:32:32,680
Speaker 21: Here was Peter Navarro on Fox News trying to push

621
00:32:32,720 --> 00:32:33,360
Speaker 21: back against Musk.

622
00:32:34,640 --> 00:32:37,920
Speaker 16: I mean, look Elon, look Elon when he's in his

623
00:32:38,040 --> 00:32:41,760
Speaker 16: doge lying his great But we understand what's going on here?

624
00:32:41,800 --> 00:32:47,360
Speaker 16: Do we just have to understand? Elon sells cars and Texas.

625
00:32:47,040 --> 00:32:51,200
Speaker 4: A little over simplistic. Elon sells cars. What do you

626
00:32:51,360 --> 00:32:54,600
Speaker 4: sell like Bob Barker's alcoholic brother.

627
00:32:54,920 --> 00:33:00,320
Speaker 16: Keep going this assembling cars that have big part of

628
00:33:00,360 --> 00:33:06,080
Speaker 16: that car from Mexico, China. Batteries come from Japan or China.

629
00:33:06,320 --> 00:33:10,760
Speaker 16: The electronics come from Taiwan, and he's simply protecting his

630
00:33:10,840 --> 00:33:13,840
Speaker 16: own interests as no person would do.

631
00:33:14,000 --> 00:33:17,280
Speaker 21: Okay, So open battle between Elon and Navarro. Navarro's wrong,

632
00:33:17,320 --> 00:33:20,480
Speaker 21: Elon is right. It's that simple. The reality is that

633
00:33:20,560 --> 00:33:23,040
Speaker 21: Navarro's trade prescriptions, which is this giant trade war where

634
00:33:23,040 --> 00:33:24,840
Speaker 21: he believes the tariffs are in of themselves good, not

635
00:33:24,960 --> 00:33:27,640
Speaker 21: against zero, they in and of themselves are good. That

636
00:33:27,680 --> 00:33:29,640
Speaker 21: is a That is a bad economic policy.

637
00:33:29,800 --> 00:33:33,880
Speaker 4: Shut up next, JP Morgan. We have the best economy

638
00:33:33,920 --> 00:33:34,280
Speaker 4: in the world.

639
00:33:34,440 --> 00:33:40,600
Speaker 22: Roll it huge complex geopolitical situation, huge fiscal deficits, but

640
00:33:40,720 --> 00:33:43,920
Speaker 22: around the world sticky inflation which I personally think will

641
00:33:43,960 --> 00:33:46,360
Speaker 22: not go away so quick. And then you have you know,

642
00:33:46,400 --> 00:33:48,400
Speaker 22: what's gonna happen to tarists, what's gotten to trade? What's

643
00:33:48,400 --> 00:33:50,640
Speaker 22: gonna happen? So you know, terrorists and trade are just

644
00:33:50,800 --> 00:33:51,600
Speaker 22: part of that mix.

645
00:33:51,960 --> 00:33:52,200
Speaker 2: They're not.

646
00:33:52,240 --> 00:33:53,880
Speaker 6: They don't completely stand alone.

647
00:33:54,240 --> 00:33:56,800
Speaker 17: Right, So what do you think about the tariff plan?

648
00:33:57,840 --> 00:34:01,040
Speaker 22: I think it is perfectly reasonable for someone to say

649
00:34:01,080 --> 00:34:03,880
Speaker 22: the trade was unfair. There were unfair trade things, and

650
00:34:03,880 --> 00:34:06,720
Speaker 22: remember it's not just tariffs, it's tariffs. I think they

651
00:34:06,720 --> 00:34:08,640
Speaker 22: have the that wrong. How they understand it, and I

652
00:34:08,680 --> 00:34:10,880
Speaker 22: think they should really get a better understanding to make

653
00:34:10,920 --> 00:34:12,040
Speaker 22: it easy to negotiade.

654
00:34:12,280 --> 00:34:13,200
Speaker 6: But there are all these non.

655
00:34:13,080 --> 00:34:16,680
Speaker 22: Tariff barriers around food and energy and then subsidies, which

656
00:34:16,680 --> 00:34:19,240
Speaker 22: you know China's fame is for. So it's totally reasonable

657
00:34:19,280 --> 00:34:20,800
Speaker 22: say I didn't want to make trade.

658
00:34:21,000 --> 00:34:22,440
Speaker 2: Yeah, you know what America is.

659
00:34:22,520 --> 00:34:25,520
Speaker 4: America has so much money because we print it that

660
00:34:25,600 --> 00:34:28,160
Speaker 4: we became like a rich guy getting the bill at

661
00:34:28,160 --> 00:34:30,640
Speaker 4: the restaurant. Remember when you were like nineteen getting a

662
00:34:30,640 --> 00:34:33,000
Speaker 4: bill at a restaurant. Wait a minute, I only got

663
00:34:33,000 --> 00:34:36,200
Speaker 4: one PEPSI take this back. Then you get some money.

664
00:34:36,320 --> 00:34:38,720
Speaker 4: They hand it to you. You don't even look sign

665
00:34:38,760 --> 00:34:41,080
Speaker 4: and tip, sign whatever bill comes.

666
00:34:41,120 --> 00:34:41,880
Speaker 2: That's what everybody's doing.

667
00:34:41,920 --> 00:34:44,680
Speaker 4: So he said, even though they're calculating that every country

668
00:34:44,800 --> 00:34:47,240
Speaker 4: was taking advantage of us, keep going better.

669
00:34:47,480 --> 00:34:49,520
Speaker 22: But I also want to point out to the Americans

670
00:34:49,680 --> 00:34:51,600
Speaker 22: we have the best of cime in the world. Our

671
00:34:51,640 --> 00:34:55,160
Speaker 22: GDP person is eighty five thousand dollars. China's is fifteen

672
00:34:55,200 --> 00:34:57,359
Speaker 22: thousand dollars. So you got to put a little bit

673
00:34:57,360 --> 00:34:59,879
Speaker 22: into context. But you know, and then of course when

674
00:34:59,840 --> 00:35:01,480
Speaker 22: they put the tariffs and there's weighed me on what

675
00:35:01,520 --> 00:35:05,839
Speaker 22: people expected that will causal inflation, slow down growth. But

676
00:35:05,960 --> 00:35:08,560
Speaker 22: I hope what they really do is let Scott Bessen

677
00:35:08,840 --> 00:35:11,880
Speaker 22: when he's a professional negotiating. I know Japan, see I

678
00:35:11,920 --> 00:35:14,480
Speaker 22: gat a creed of Vietnam have called and then eventually

679
00:35:14,520 --> 00:35:16,759
Speaker 22: Europe get those things done quickly. If you want to

680
00:35:16,760 --> 00:35:20,840
Speaker 22: calm down the markets, show progress, no things, Scott take here's.

681
00:35:20,640 --> 00:35:23,880
Speaker 4: A potential outcome that I think is a likely outcome.

682
00:35:24,239 --> 00:35:27,399
Speaker 4: You're going to start having a bunch of countries, tons

683
00:35:27,440 --> 00:35:28,840
Speaker 4: of them. We'll get to it on the show, have

684
00:35:28,880 --> 00:35:33,160
Speaker 4: already scheduled to negotiate. What do you think the market's

685
00:35:33,160 --> 00:35:35,880
Speaker 4: going to do if there's an announcement that twelve countries

686
00:35:35,920 --> 00:35:38,640
Speaker 4: have dropped tariffs against the United States and we've reciprocally

687
00:35:38,719 --> 00:35:40,920
Speaker 4: done so as well, what do you think that's going

688
00:35:40,960 --> 00:35:45,920
Speaker 4: to do? And then the US starts gaining reciprocal trading partners,

689
00:35:46,840 --> 00:35:47,879
Speaker 4: even if China is not.

690
00:35:47,880 --> 00:35:48,680
Speaker 2: One of them.

691
00:35:49,040 --> 00:35:51,320
Speaker 4: I don't know how much more pain can be baked

692
00:35:51,320 --> 00:35:52,720
Speaker 4: into the stock market.

693
00:35:53,200 --> 00:35:56,920
Speaker 2: And I'm sure there is more, but I don't I

694
00:35:56,960 --> 00:35:57,399
Speaker 2: don't see.

695
00:35:57,600 --> 00:36:00,840
Speaker 9: We're watching check the news. Well, be right back after

696
00:36:00,880 --> 00:36:01,640
Speaker 9: these messages.

697
00:36:04,360 --> 00:36:05,960
Speaker 10: Welcome back to check the news.

698
00:36:08,480 --> 00:36:11,240
Speaker 4: My man you'll see get step there. Hey Eric Erickson,

699
00:36:11,320 --> 00:36:14,319
Speaker 4: you claim that Trump's tariffs are attacks on Americans. If

700
00:36:14,320 --> 00:36:17,520
Speaker 4: this is the reality of tariffs, why would a other

701
00:36:17,560 --> 00:36:21,080
Speaker 4: countries retaliate for something Trump is doing to Americans too?

702
00:36:21,400 --> 00:36:24,240
Speaker 4: Why would they punish their own citizens with higher tax

703
00:36:24,520 --> 00:36:35,480
Speaker 4: Something's way off here calling him an idiot. Keep going, understand, beauty,

704
00:36:39,320 --> 00:36:41,879
Speaker 4: they love MS thirteen. They'll do anything in their power

705
00:36:41,960 --> 00:36:43,520
Speaker 4: to get them back in the country. They want them

706
00:36:43,560 --> 00:36:46,800
Speaker 4: flown back in. He wants nothing to do with THEOC,

707
00:36:46,960 --> 00:36:48,120
Speaker 4: but she will not let him go.

708
00:36:49,400 --> 00:36:56,000
Speaker 2: Pelosi, They're gonna, please tell it, They're gonna kiss Bernie Sanders.

709
00:36:56,600 --> 00:37:03,520
Speaker 2: Are you you dinna get cud couple?

710
00:37:08,920 --> 00:37:16,120
Speaker 14: Oh?

711
00:37:16,160 --> 00:37:25,720
Speaker 2: Come on, nobody in the missed thirteen with today next

712
00:37:26,880 --> 00:37:28,319
Speaker 2: suppressed TikTok. Let's set on?

713
00:37:29,320 --> 00:37:32,880
Speaker 4: Am I crying? Barstool founder Dave of Portnoye roll it.

714
00:37:33,280 --> 00:37:35,520
Speaker 23: I went super viral when I said I lost seven

715
00:37:35,600 --> 00:37:39,680
Speaker 23: million dollars. I'd kill to be back to losing seven

716
00:37:39,719 --> 00:37:40,719
Speaker 23: million dollars.

717
00:37:41,120 --> 00:37:42,200
Speaker 2: I haven't even looked.

718
00:37:41,960 --> 00:37:44,359
Speaker 23: If I had to guessing down in these last three

719
00:37:45,360 --> 00:37:46,800
Speaker 23: close to twenty.

720
00:37:47,960 --> 00:37:51,040
Speaker 2: Keep looking like ten fifteen percent of my net worth poof.

721
00:37:51,440 --> 00:37:54,680
Speaker 2: But I'm still here. That's the game. Am I crying?

722
00:37:54,800 --> 00:37:57,080
Speaker 23: Am I like, Oh, whoa is me? I wish I

723
00:37:57,200 --> 00:37:59,400
Speaker 23: voted for Kamala? No?

724
00:37:59,520 --> 00:38:02,040
Speaker 2: Do I wish this didn't go down like this? Yes?

725
00:38:02,120 --> 00:38:03,720
Speaker 2: Am I in this to make money? Yes?

726
00:38:04,080 --> 00:38:06,879
Speaker 4: But it had to go down like this otherwise it's

727
00:38:06,920 --> 00:38:09,240
Speaker 4: gonna go down permanently.

728
00:38:09,000 --> 00:38:12,040
Speaker 2: In the future. Next, we're gonna be learning Mandarin.

729
00:38:12,160 --> 00:38:15,239
Speaker 4: Two cities, one event, Revival Taley International Camp Meeting.

730
00:38:15,239 --> 00:38:16,759
Speaker 2: What no I've seen twenty twenty five.

731
00:38:16,960 --> 00:38:20,080
Speaker 4: It's gonna be in Fort Worth and Pittsburgh this year simultaneously,

732
00:38:20,120 --> 00:38:22,040
Speaker 4: some speakers in one city some of the other. You

733
00:38:22,040 --> 00:38:24,880
Speaker 4: should register right now rtcregister dot com.

734
00:38:24,880 --> 00:38:28,799
Speaker 2: Next, I'm sure that I love this take.

735
00:38:29,239 --> 00:38:32,880
Speaker 4: I'm sure that a twice billionaire president with two long

736
00:38:33,000 --> 00:38:37,319
Speaker 4: time successful market players now treasure in commerce talking about

737
00:38:37,360 --> 00:38:42,240
Speaker 4: Bassent and Lutnik have absolutely no idea how the markets

738
00:38:42,239 --> 00:38:47,240
Speaker 4: and economy works, which is basically anybody's take that's afraid

739
00:38:47,280 --> 00:38:50,440
Speaker 4: about the future. He doesn't know what they know what

740
00:38:50,480 --> 00:38:54,720
Speaker 4: they're doing. These are expert market people. They do. Only

741
00:38:54,800 --> 00:38:58,440
Speaker 4: question is will they get undercut by idiots or Republicans?

742
00:38:58,480 --> 00:39:00,000
Speaker 2: Suckers are conservatives?

743
00:38:59,800 --> 00:39:02,000
Speaker 4: That is the you know where you're gonna have a

744
00:39:02,000 --> 00:39:08,480
Speaker 4: Republican dominated House and Senate. Say, you know, we're hearing

745
00:39:08,560 --> 00:39:10,719
Speaker 4: bad calls about our poll numbers, so we need to

746
00:39:11,000 --> 00:39:14,160
Speaker 4: we need to ruin Trump's plan. That's his only China

747
00:39:14,239 --> 00:39:19,319
Speaker 4: is not the threat. The Republican Party's the threat. Next, Peter,

748
00:39:19,960 --> 00:39:20,839
Speaker 4: I agree with you.

749
00:39:21,560 --> 00:39:24,440
Speaker 2: This is a very funny tweet. Peter.

750
00:39:24,520 --> 00:39:26,560
Speaker 4: I agree with you that the situation now is much

751
00:39:26,600 --> 00:39:29,080
Speaker 4: worse than what most people realize, and there is more

752
00:39:29,080 --> 00:39:32,880
Speaker 4: market economic pain around the corner. The problem, however, is

753
00:39:32,920 --> 00:39:35,319
Speaker 4: that you have called all twelve of the last two

754
00:39:35,360 --> 00:39:38,120
Speaker 4: market crashes. In other words, you got all these people. Now,

755
00:39:38,440 --> 00:39:40,439
Speaker 4: I told you the market was going to crash, Yes,

756
00:39:40,800 --> 00:39:42,839
Speaker 4: and you've been saying that every year for the last

757
00:39:42,840 --> 00:39:43,480
Speaker 4: twenty years.

758
00:39:43,560 --> 00:39:50,080
Speaker 2: So you know you're just a Debbie downer. Next, for

759
00:39:50,160 --> 00:39:52,160
Speaker 2: the past okay, so we'll sum it up with this.

760
00:39:53,120 --> 00:39:56,680
Speaker 4: For the past twenty years, the US has followed Kensian

761
00:39:56,840 --> 00:40:03,320
Speaker 4: policies Keenes Keynesian can I should know how to pronounce

762
00:40:03,320 --> 00:40:05,320
Speaker 4: that it's an economist, but I can't remember how to

763
00:40:05,320 --> 00:40:10,640
Speaker 4: say it. Kenesian policies designed to boost consumption and reduce saving.

764
00:40:11,040 --> 00:40:14,360
Speaker 4: We've also followed a low tariff policy. Other countries have

765
00:40:14,440 --> 00:40:17,440
Speaker 4: followed US subsidized to export high tariff and VAT policy

766
00:40:17,719 --> 00:40:20,600
Speaker 4: to produce their consumption and boost exports. In other words,

767
00:40:20,840 --> 00:40:23,640
Speaker 4: these countries have sold goods into the US and used

768
00:40:23,640 --> 00:40:27,040
Speaker 4: our Kinesian redistribution to do it. When the US taxes

769
00:40:27,600 --> 00:40:31,319
Speaker 4: producers and gives to consumers, consumption of imports goes up.

770
00:40:31,760 --> 00:40:34,360
Speaker 4: To end this craziness, why they need to find a

771
00:40:34,360 --> 00:40:37,239
Speaker 4: way to massively shrink the size of government, which they're

772
00:40:37,239 --> 00:40:40,239
Speaker 4: trying with DOGE. But it's very difficult or attack the

773
00:40:40,280 --> 00:40:44,240
Speaker 4: problem from a different angle. The Trump tariffs are an option. Yes,

774
00:40:44,560 --> 00:40:47,480
Speaker 4: they aren't free market, they aren't what America is believed in.

775
00:40:47,800 --> 00:40:50,560
Speaker 4: But they may bring down tariffs around the world. They

776
00:40:50,600 --> 00:40:52,759
Speaker 4: may force our Congress to stop doing the same thing

777
00:40:52,800 --> 00:40:56,160
Speaker 4: over and over again. They may just help fix the problems.

778
00:40:56,760 --> 00:41:00,239
Speaker 4: And that is a great way to close out our

779
00:41:00,320 --> 00:41:04,200
Speaker 4: understanding of what's going on right now. With tariffs, clear

780
00:41:04,280 --> 00:41:06,120
Speaker 4: our pallets, our mental palettes.

781
00:41:06,160 --> 00:41:31,560
Speaker 14: Britt Gustmas, life moves really fast, and you can get

782
00:41:31,600 --> 00:41:38,040
Speaker 14: overwhelmed quickly with the expectations you have for yourself, the expectations.

783
00:41:37,239 --> 00:41:42,360
Speaker 24: That others have for you, your inability to perform, your

784
00:41:42,960 --> 00:41:49,320
Speaker 24: belief in yourself, suffering. It creates anxiety, and it creates distraction,

785
00:41:49,719 --> 00:41:53,960
Speaker 24: and that's where the enemy wants us. What's the answer.

786
00:41:54,440 --> 00:41:56,560
Speaker 24: I tell the students I work with all the time

787
00:41:56,960 --> 00:42:01,520
Speaker 24: to do the next right thing. What is the next

788
00:42:01,600 --> 00:42:02,000
Speaker 24: right thing?

789
00:42:02,880 --> 00:42:07,000
Speaker 25: Call out to Jesus, Pray to Jesus, read his word,

790
00:42:07,520 --> 00:42:11,359
Speaker 25: have a conversation with him. Wherever you are, peace will

791
00:42:11,440 --> 00:42:14,640
Speaker 25: start to creep into your life and you won't be

792
00:42:14,719 --> 00:42:16,399
Speaker 25: so overwhelmed.

793
00:42:17,080 --> 00:42:20,839
Speaker 24: Do the next right thing, and then you can rejoice

794
00:42:20,840 --> 00:42:23,640
Speaker 24: in this day, be glad in it because.

795
00:42:23,360 --> 00:42:24,040
Speaker 6: Of good God.

796
00:42:24,239 --> 00:42:24,520
Speaker 7: Meet it.

797
00:42:24,760 --> 00:42:25,040
Speaker 2: Father.

798
00:42:25,080 --> 00:42:26,759
Speaker 4: Thank you for your hand that's on our life. Thank

799
00:42:26,800 --> 00:42:28,920
Speaker 4: you for lifting every issue of concern. Thank you for

800
00:42:28,960 --> 00:42:32,200
Speaker 4: your hand that's on this country. Thank you for a

801
00:42:32,239 --> 00:42:35,839
Speaker 4: supernatural twenty twenty five and a supernatural day today. Thank

802
00:42:35,880 --> 00:42:38,040
Speaker 4: you for your word that declares surely goodness and mercy

803
00:42:38,080 --> 00:42:39,600
Speaker 4: will follow us all the days of our life. We

804
00:42:39,680 --> 00:42:43,120
Speaker 4: receive that today in Jesus' name. Amen, if you've never

805
00:42:43,160 --> 00:42:45,239
Speaker 4: received Jesus Christ as your savior, I want you to

806
00:42:45,239 --> 00:42:46,239
Speaker 4: do that with me right now.

807
00:42:46,280 --> 00:42:46,959
Speaker 2: Pray this prayer.

808
00:42:47,000 --> 00:42:50,160
Speaker 4: Wherever you're watching me, say this out loud, Heavenly Father,

809
00:42:51,200 --> 00:42:52,320
Speaker 4: I admit that I've sinned.

810
00:42:52,680 --> 00:42:53,240
Speaker 2: I repent.

811
00:42:53,920 --> 00:42:57,319
Speaker 4: I believe in my heart you raise Jesus from the dead.

812
00:42:57,520 --> 00:43:01,160
Speaker 4: I confess with my mouth Jesus is Lord and my savior.

813
00:43:01,800 --> 00:43:05,560
Speaker 4: Right now I receive forgiveness by the blood of Jesus.

814
00:43:05,600 --> 00:43:08,719
Speaker 2: I am saved in Jesus name. Amen. If you prayed

815
00:43:08,760 --> 00:43:10,759
Speaker 2: that prayer, Welcome to the Family of God.

816
00:43:11,080 --> 00:43:12,960
Speaker 4: I would love to hear from you. I'm gonna send

817
00:43:13,000 --> 00:43:15,040
Speaker 4: you a Bible and two books to help you live

818
00:43:15,040 --> 00:43:16,759
Speaker 4: the Christian life. I just need to hear from you.

819
00:43:16,800 --> 00:43:19,400
Speaker 4: Do this right now. Revival Today dot com. Click, I

820
00:43:19,480 --> 00:43:22,080
Speaker 4: just got saved. Even if you're watching the replay and

821
00:43:23,239 --> 00:43:26,200
Speaker 4: get let's get it going. You know, you can live

822
00:43:26,200 --> 00:43:28,239
Speaker 4: in a relationship with God. You don't have to be

823
00:43:28,280 --> 00:43:30,440
Speaker 4: out and then. And I'm gonna help you with that.

824
00:43:30,480 --> 00:43:31,759
Speaker 4: I would love for you to join one of my

825
00:43:31,800 --> 00:43:35,280
Speaker 4: three churches, Revival Today Los Angeles Saturday nights at six pm,

826
00:43:35,560 --> 00:43:38,200
Speaker 4: Revival Today Church Fort Worth at nine am, and the

827
00:43:38,239 --> 00:43:41,960
Speaker 4: Mothership Revival Today, Church of Pittsburgh at eight and ten am.

828
00:43:42,280 --> 00:43:44,680
Speaker 4: There's the addresses. You can screenshot it or back it

829
00:43:44,760 --> 00:43:47,440
Speaker 4: up and pose it. But be with us this weekend

830
00:43:47,480 --> 00:43:50,959
Speaker 4: leading up to Easter. It's gonna be awesome. I will

831
00:43:50,960 --> 00:43:54,400
Speaker 4: be in the Houston, Texas area tonight at seven pm,

832
00:43:55,480 --> 00:44:00,239
Speaker 4: Spring Texas, Spring First Assembly of God, and that's tonight

833
00:44:00,320 --> 00:44:02,680
Speaker 4: seven o'clock address incoming.

834
00:44:03,239 --> 00:44:05,520
Speaker 2: Then I want to give you an opper.

835
00:44:05,360 --> 00:44:09,000
Speaker 4: There to Spring First Church eighteen fifty one Spring Cypress Road,

836
00:44:09,080 --> 00:44:11,080
Speaker 4: Spring Texas, seven seven three eight eight.

837
00:44:12,920 --> 00:44:16,200
Speaker 2: And we do do that. Okay.

838
00:44:17,640 --> 00:44:19,600
Speaker 4: Here's the two shirts I'm going to give you to

839
00:44:19,600 --> 00:44:24,319
Speaker 4: help us give like two of the best ever. That

840
00:44:24,360 --> 00:44:33,839
Speaker 4: one's great, that one's arguably better. Can't stand her.

841
00:44:34,719 --> 00:44:35,040
Speaker 2: Thank you.

842
00:44:35,080 --> 00:44:36,879
Speaker 4: That's my way. I think of how nice you're looking

843
00:44:36,880 --> 00:44:40,960
Speaker 4: those shirts. Thank you for giving today. Revival Today dot com.

844
00:44:41,000 --> 00:44:43,279
Speaker 4: I did the haircut Cynthia, the the guy I want

845
00:44:43,320 --> 00:44:45,799
Speaker 4: to commit to it. He only shaved down like a

846
00:44:45,840 --> 00:44:49,480
Speaker 4: little part right there, and my hair's too light to

847
00:44:49,600 --> 00:44:50,000
Speaker 4: show it.

848
00:44:52,160 --> 00:44:55,480
Speaker 2: I tried, he like, wouldn't do it. Revival Today dot com.

849
00:44:55,480 --> 00:44:59,520
Speaker 4: He click give now info Revival Today dot com at

850
00:44:59,600 --> 00:45:03,160
Speaker 4: rt GA at Venmo, Revival Today dot com, slash, PayPal, hashtag,

851
00:45:03,200 --> 00:45:08,360
Speaker 4: donate on Facebook, text give to seven five seven sixty.

852
00:45:08,080 --> 00:45:12,560
Speaker 2: Seven if you want to mail a large check. Thank

853
00:45:12,600 --> 00:45:13,240
Speaker 2: you for your giving.

854
00:45:13,320 --> 00:45:16,840
Speaker 4: Last week it was through the roof online giving was

855
00:45:16,840 --> 00:45:21,040
Speaker 4: was like a record setting Revival Today dot com or

856
00:45:21,080 --> 00:45:23,839
Speaker 4: sorry reval Today po Bucks seven, Prosperity Pennsylvania one five,

857
00:45:23,880 --> 00:45:26,160
Speaker 4: three two nine. And then when you finish, don't forget

858
00:45:26,160 --> 00:45:28,760
Speaker 4: to claim your offer at Revival today dot com. Claim

859
00:45:28,800 --> 00:45:31,440
Speaker 4: my offer. That's how we know where to send it

860
00:45:31,760 --> 00:45:40,960
Speaker 4: and what size shirt you take. Thank you for your giving,

861
00:45:41,880 --> 00:45:44,000
Speaker 4: don't miss tonight, and if you can help me get

862
00:45:44,000 --> 00:45:47,160
Speaker 4: the word out. Thank you for retweeting. Thank you for

863
00:45:47,200 --> 00:45:51,640
Speaker 4: sharing the church stuff on your on your social media.

864
00:45:51,840 --> 00:45:57,200
Speaker 2: Let's pack out La Fort Worth and Pittsburgh for Easter.

865
00:46:02,760 --> 00:46:06,959
Speaker 4: So Saturday night leading into Resurrection Sunday, you can spend

866
00:46:07,000 --> 00:46:09,279
Speaker 4: Easter with us at Arrival Today Church, Los Angeles, same

867
00:46:09,280 --> 00:46:14,359
Speaker 4: place as always at Angels Temple in Los Angeles. Then

868
00:46:14,480 --> 00:46:16,520
Speaker 4: I will be so I'll be in La Saturday night,

869
00:46:16,760 --> 00:46:26,880
Speaker 4: Pittsburgh Sunday. That's is there something Saturday at six pm?

870
00:46:26,960 --> 00:46:28,000
Speaker 4: What was the last graphic?

871
00:46:29,680 --> 00:46:29,839
Speaker 2: Oh?

872
00:46:29,880 --> 00:46:33,399
Speaker 4: I see Angels Temple, So yes, there's there. So there's

873
00:46:33,600 --> 00:46:40,279
Speaker 4: La West Coast. I'm going to some boring Cantata coming up.

874
00:46:40,320 --> 00:46:42,720
Speaker 4: We're gonna have like our best service of the year. Sunday,

875
00:46:42,760 --> 00:46:47,399
Speaker 4: April twentieth, ten am in Pittsburgh, Artcregister dot com that's

876
00:46:47,400 --> 00:46:49,760
Speaker 4: at the Higatt Regency Pittsburgh Airport. And then my father

877
00:46:50,320 --> 00:46:56,160
Speaker 4: making his first appearance since life support and he's back,

878
00:46:56,320 --> 00:46:59,120
Speaker 4: can't tell, I mean supernatural back from the dead Resurrection

879
00:46:59,200 --> 00:47:04,640
Speaker 4: service Friday, April eighteenth. That's Good Friday, six pm. And

880
00:47:04,640 --> 00:47:07,359
Speaker 4: then Sunday, so he's there for Good Friday. And then

881
00:47:07,360 --> 00:47:09,880
Speaker 4: he's there at nine am April twentieth, and that is

882
00:47:09,920 --> 00:47:14,760
Speaker 4: at the AMM and G. Carter Junior Exhibits, Hall thirty

883
00:47:14,760 --> 00:47:17,240
Speaker 4: four hundred, burn It Tandy Drive in Fort Worth, Texas.

884
00:47:17,320 --> 00:47:27,719
Speaker 4: A lot of words. What's our Good Friday in Pittsburgh,

885
00:47:27,800 --> 00:47:33,440
Speaker 4: No problem, just have it for tomorrow, so that'll likely.

886
00:47:33,239 --> 00:47:35,239
Speaker 2: Be at one oh seven. I'm guessing. Thank you for

887
00:47:35,280 --> 00:47:36,000
Speaker 2: being with me today.

888
00:47:36,000 --> 00:47:39,160
Speaker 4: I'll be on with you tomorrow and Friday, and I

889
00:47:39,160 --> 00:47:41,919
Speaker 4: will see you tonight to preach. I love you, Thank

890
00:47:41,960 --> 00:47:44,680
Speaker 4: you for attending, Thank you for giving. Together, we're changing

891
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Speaker 4: the world.

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Speaker 2: I love you. See you soon,