Speaker 1: Broadcasting live from the Abraham Lincoln Radio Studio, the George
Speaker 1: Washington Broadcast Center, Jack Armstrong and Joe Katty.
Speaker 2: Armstrong and Peck and Key Arms from the studio c Season.
Speaker 3: Uh, we're one week for them from Thanksgiving.
Speaker 4: Today might be a uh, you know about time, Prio
Speaker 4: sum you to take some days off. Welcome to another
Speaker 4: live presentation of the Armstrong and Giddy Program before we
Speaker 4: take a little vacation. And today we're under the tutelage
Speaker 4: of our general manager. Nvidia, the company, the stock that
Speaker 4: cannot be.
Speaker 1: Stopped, or more importantly, maybe the AI boom that can't
Speaker 1: be stocked can't be stopped, and it is not a bubble,
Speaker 1: at least not yet. Maybe wait a minute, what does
Speaker 1: that mean? Well, nobody knows, but the bubble has not burst.
Speaker 1: So and then we've got the job's numbers just came
Speaker 1: out a half an hour ago.
Speaker 3: Bad news. It was good news as I understand it.
Speaker 3: I was afraid that would happen. It was really good news,
Speaker 3: which is bad news.
Speaker 1: Came in twice the number they were expecting, double the
Speaker 1: projected numbers. I'll never understand what that means. Why doesn't
Speaker 1: that just mean they were bad at projecting what they
Speaker 1: were going to do.
Speaker 3: Oh right, yeah, maybe you just made a mistake.
Speaker 1: Maybe the question here isn't the jobs, it's you, you
Speaker 1: acust what are you thinking?
Speaker 2: All right?
Speaker 1: If actually I did see a guy in news Nation
Speaker 1: talking about you know, the way they do this. They
Speaker 1: actually send stuff out in the mail, the US mail,
Speaker 1: and then people facts back their That's how they do this.
Speaker 1: That's what Trump was complaining about with a couple of
Speaker 1: bad jobs reports, like the system is so antiquated. Of course,
Speaker 1: these are good numbers, so it'll probably not complain about
Speaker 1: the system today. But double the numbers they were expecting,
Speaker 1: which means they're not going to lower the interest rates
Speaker 1: in December, so good news means bad news. Whereas if
Speaker 1: it had been like half what they were expecting, they
Speaker 1: probably would have lowered interest rates here in the next month,
Speaker 1: which we all would have liked. Keeping in mind that
Speaker 1: all of these numbers will be revised completely in there
Speaker 1: therefore meaningless and only two people understand the global economy,
Speaker 1: and unfortunately.
Speaker 3: They disagree, as the old joke.
Speaker 1: Goes, I was actually reading about this this morning, and
Speaker 1: they pointed out that there was a great deal of
Speaker 1: trouble collecting some of the data during the shutdown, and
Speaker 1: so we won't have numbers for October. But the one
Speaker 1: hundred and nineteen thousand jobs created in September was surprise
Speaker 1: given the net four thousand lost in August. So for
Speaker 1: some reason we' that was the revised number from Augrass.
Speaker 3: So for some reason, we're supposed.
Speaker 1: To believe it went from minus four thousand to plus
Speaker 1: one hundred and twenty thousand in a month, and that
Speaker 1: won't be completely revised again.
Speaker 3: My attitude was, I'm through here. This is silly.
Speaker 1: Oh yeah, I don't make any decisions in my life
Speaker 1: based on this stuff. The only thing that is meaningful
Speaker 1: is this almost certainly means they are not going to
Speaker 1: lower the interest rates again this year. And if it
Speaker 1: had been a bad number, they probably would have.
Speaker 3: So there you go.
Speaker 1: Just accordingly, Trump angry at Jerome Powell, cussing him out
Speaker 1: to public.
Speaker 3: Too late, too stupid, like talking to a chair. Jerome Powell.
Speaker 3: All right, Oh god, that's funny. Oh, speaking of people.
Speaker 1: That Trump has turned on angrily, I was just reading
Speaker 1: that at Marjorie Taylor Green's district, they're sticking with her hardcore.
Speaker 1: She's their gal. They're like, yeah, Trump needs to cut
Speaker 1: it out. He's wrong, she's our gal.
Speaker 3: Be built. Buts body that's her, that's her.
Speaker 1: Isn't that going to be interesting to watch as uh
Speaker 1: Trump heads out the door of history whether people whether
Speaker 1: he's maga or the people that were maga or maga,
Speaker 1: that that remains to be seen. I guess she's maga. Yeah,
Speaker 1: I would agree, and that I think kind of answers
Speaker 1: the question. And it's funny his presumption that because he
Speaker 1: was the engine of a movement, he will always be
Speaker 1: the engine of that movement, as opposed to the movement
Speaker 1: growing up and moving out and getting its own place,
Speaker 1: which happens with movements, especially if they feel like their
Speaker 1: current leadership has not done them right. The Epstein thing
Speaker 1: for one, speaking for another, speaking a head and out
Speaker 1: the door. They're having a memorial service for Dick Cheney today,
Speaker 1: former Vice president, and a whole bunch of your former
Speaker 1: heavyweights are going to be there, including at George W.
Speaker 3: Bush and Joe Biden.
Speaker 1: And I you know, every time there's a memorial service
Speaker 1: in Joe Biden's there, I think let's get a two
Speaker 1: for one dealho go on, huh, you just crawl in
Speaker 1: the box. Oh, say everybody a little time, Sada, You're
Speaker 1: almost there, You're almost that's insensitive, right, there, is it?
Speaker 1: I disavow, I disavow. Okay, then I apologize for I
Speaker 1: take what do you? I take full responsibility.
Speaker 3: That's oh okay, then all right.
Speaker 1: I started to watch the and I only watched fifteen minutes,
Speaker 1: the new Ken Burns documentary about the American Revolution. I
Speaker 1: only got fifteen minutes in. I want to watch it
Speaker 1: with my son, and he was busy doing homework last night.
Speaker 1: And it's I don't know how many episodes. Can you
Speaker 1: look that up? Somebody looked at up.
Speaker 3: I don't know.
Speaker 1: It's four episodes, two hours long, eight hours long, something
Speaker 1: like that, or ten hours or twelve hours or twenty
Speaker 1: years long.
Speaker 3: I have no idea. Check your localistics. But it's very
Speaker 3: long and I've only started it.
Speaker 1: But it was a different wrinkle than anything I've ever seen,
Speaker 1: in which in the first ten minutes they talk about
Speaker 1: the Indian tribes that I'd been here for a very
Speaker 1: very long time when the columists show up, and the
Speaker 1: way they ran their government and the way we were
Speaker 1: running our government, and everything like that. And I'm going
Speaker 1: to be interested to see as I get into it.
Speaker 1: As ken Burns, the documentary maker, if you ever see
Speaker 1: him in interviews, he's like practically woke. I mean, he's not
Speaker 1: just a lefty, he's way out there. But his documentaries
Speaker 1: have not been And I'm really interested to see if
Speaker 1: this I think is fair and you know that is
Speaker 1: perfectly fair.
Speaker 3: To at least bring that in. I'll be interested to
Speaker 3: see how they treat it.
Speaker 1: Like I said, there could very easily be a tipping
Speaker 1: point where I think, Okay, now I'm not doing this,
Speaker 1: but right the way we've portrayed it, that's why Columbus
Speaker 1: Day has been so stupid. It's like I was basically
Speaker 1: Todd Columbus showed up to an empty country with like
Speaker 1: six Indians here, and they were all super happy he
Speaker 1: showed up.
Speaker 3: And that's pretty much the way I was taught. And
Speaker 3: the American Revolution the same thing.
Speaker 1: And as the Americans expanded westward in the Monroe Doctrine,
Speaker 1: and you know, not a mention of the the ten
Speaker 1: thousand year history and hundreds of thousands of millions of
Speaker 1: people that already lived here, and how that whole thing
Speaker 1: was going to work out and that's perfectly reasonable to
Speaker 1: have that be part of the story.
Speaker 3: Yeah, I'd say so.
Speaker 1: It sounds like my education may have been in that department,
Speaker 1: a little more nuanced anyway than years, a little more balanced.
Speaker 1: But I'm reminded of the Jerry Seinfeld bit which was
Speaker 1: so good about if you're watching a nature documentary, you
Speaker 1: always root for the animal that they're doing the documentary about.
Speaker 1: And if you're watching a documentary about lions, you're saying,
Speaker 1: you know, catch that, impalla.
Speaker 2: Catch it, eat it. You gotta feed your cubs.
Speaker 1: And then you know, if you're watching an Impala documentary,
Speaker 1: it's run in palla, get.
Speaker 3: Away from the lion, run so you can take care
Speaker 3: of your kids.
Speaker 1: And the problem with a lot of modern Howard Zinn
Speaker 1: Marxist woke American history is that they're not telling the
Speaker 1: history of the United States. They're telling the history of
Speaker 1: everyone else who may have been bruised by the United
Speaker 1: States or even perhaps killed.
Speaker 3: So you know, you can include that.
Speaker 1: But are we watching a lion documentary or are we
Speaker 1: watching an Impala documentary? If that's what I'll be watching
Speaker 1: out for, I guess I can't wait to get further
Speaker 1: into it.
Speaker 3: Yes, we're all six episodes that are two hours apiece.
Speaker 1: So twelve hours of it, which you know good I
Speaker 1: want to in depth. They got a little Ben Franklin
Speaker 1: going last night. Really enjoyed that. I always like, you know, Ben,
Speaker 1: old doctor Ben good Man. Oh I heard I heard
Speaker 1: of Thomas Jefferson quote the other day. This just popped
Speaker 1: on him.
Speaker 3: The Ladies too, Doctor Ben. Did he know Epstein?
Speaker 1: That may not be. That may not be true. I
Speaker 1: understand that whole He loved the Ladies thing. It was
Speaker 1: a story that somebody started that just may not be
Speaker 1: true whatsoever.
Speaker 3: But no time for that.
Speaker 5: Now.
Speaker 1: We got to start the show officially because this is
Speaker 1: an interesting angle also.
Speaker 3: And then holy.
Speaker 1: Freaking crap, there's some Epstein stuff.
Speaker 3: Oh how could that possibly be?
Speaker 6: Boy?
Speaker 1: Larry Summers stepped down now from his teaching job at
Speaker 1: Harvard as more people looked at the emails and thought, you.
Speaker 3: Know, I I don't know, I don't know. I don't
Speaker 3: know if I have a problem with Harvard or whoever
Speaker 3: putting pressure on him.
Speaker 1: Come on, you're like an old man trying to sex
Speaker 1: up one of your people. You're mentoring. I don't think
Speaker 1: we need you around here. Oh, yeah, it's not like
Speaker 1: he was looking for you know, he's a single guy
Speaker 1: and said, Hey, I met a really great lady and
Speaker 1: I want to impress her.
Speaker 3: Where's a great restaurant.
Speaker 1: No, He's like, hey, I get this a student here,
Speaker 1: she's pretty hot. How do I command her from sex?
Speaker 1: Pick specifically talking about how do I get her in bed?
Speaker 1: And I asked her for drinks and she said no,
Speaker 1: what should I do next? I mean going back and
Speaker 1: forth to Epstein for advice on that. He don't need
Speaker 1: that guy in your campus.
Speaker 3: Epstein replied, what great is she in?
Speaker 1: Oh, Laurie Summers has to sepside and he has. He's
Speaker 1: pretty much done with public life completely. Man, his life
Speaker 1: changed in the last two weeks. Yeah, anyway, I'm Jack Armstrong.
Speaker 1: He's Joe Getty on this. It is a Thursday, November twentieth,
Speaker 1: week before Thanksgiving, the year twenty twenty five, Armstrong and
Speaker 1: getting we approved of this program. Okay, let's begin then officially,
Speaker 1: according the FCC rules and regulations, here we go at mark.
Speaker 7: The critical point here is in video is kind of
Speaker 7: the choke point of the entire AI boom. Everything runs
Speaker 7: through or on some type of Nvidia product, which means
Speaker 7: this isn't just about one company, this is about the
Speaker 7: entire space. This would be a leading indicator if demand
Speaker 7: was starting to drop, if the buildout needed to slow
Speaker 7: up a little bit. There is no indication of that
Speaker 7: in this report. And so for the broader markets this
Speaker 7: is very good news.
Speaker 1: Yeah, in Vidia came in what like sixty percent growth
Speaker 1: or something revenue growth, which just yeah, enormous. This was
Speaker 1: after several days of the tech stocks being down, which
Speaker 1: really drive everything now. As they pointed out there, and
Speaker 1: people worried that the air had come out of the
Speaker 1: AI bubble, but that revenue return means that the air
Speaker 1: is still in the bubble. Whether it's a bubble or not.
Speaker 1: Maybe it's right.
Speaker 3: Exactly.
Speaker 1: I think it's If it's not a bubble, it's something
Speaker 1: like a bubble. Because the companies that we're talking about
Speaker 1: buying the Nvidia chips are pledged to spend just incomprehensible
Speaker 1: amounts of money going forward, even more than they've spent
Speaker 1: this year for instance. And the question for the market,
Speaker 1: the stock market, is do we have faith that these
Speaker 1: will be good investments. That's the one question, Because the
Speaker 1: stock market is two things. It's investing in companies, and
Speaker 1: it's also just wild speculation. Will this stock be worth
Speaker 1: as much or more tomorrow? And so everybody's looking at
Speaker 1: everybody else saying, good God, we're spending a lot of money.
Speaker 1: Is this going to be worth it? As soon as
Speaker 1: a bunch of people say maybe not, the stock collapses,
Speaker 1: which might not indicate anything about the wisdom of investing
Speaker 1: money in AI. As I said, it's there are two
Speaker 1: different dynamics going here. I saw the stat yesterday and
Speaker 1: I don't remember it was for twenty three or twenty four,
Speaker 1: But it doesn't make any difference that ninety percent of
Speaker 1: GDP growth in the United States was AI related percent.
Speaker 1: That's amazing and most of that investment and not like
Speaker 1: revenue right well, it's revenue from each other, all chasing
Speaker 1: the same goal, which remains, you know, distant. Got some
Speaker 1: recent quotes from Elon Musk and what he thinks the
Speaker 1: world is going to look like when AGI gets going.
Speaker 3: I take it it wasn't to cheery and inspiring. Well
Speaker 3: it is for him.
Speaker 1: I don't know if human beings can handle that much
Speaker 1: change that fast, because it's going to happen like in
Speaker 1: the next couple of years, but we got Katie's headlines
Speaker 1: on the way. We got lots of news to get
Speaker 1: to today. A new peace plan for Russia and Ukraine
Speaker 1: being floated that sounds like the Russians drew it up
Speaker 1: and Zolensky has no interest in it, among other things
Speaker 1: to talk about.
Speaker 3: Stay here. I didn use the word robust more often.
Speaker 1: It's only used in economic terms robust job numbers today,
Speaker 1: and I don't remember throw that word around at and
Speaker 1: it's a good word, feing pretty robust today. You know
Speaker 1: who did not robust at least in terms of the
Speaker 1: latest Fox poll people's attitudes about Donald Trump. We'll have
Speaker 1: to get into that soon now. Was a pretty rough
Speaker 1: poll that came out yesterday, especially around his what used
Speaker 1: to be his top issue, the economy. So we'll get
Speaker 1: into that. Interesting, all right, So much to talk about today.
Speaker 1: Let's figure out who's reporting what. It's the lead story
Speaker 1: with Katie Green.
Speaker 3: Katie, all right, we got some.
Speaker 6: Of the alphabet reporting on the Epstein thing, and also
Speaker 6: some other outlets New York Times. Trump approves the release
Speaker 6: of the Epstein files, but loopholes remain, CNN.
Speaker 3: Washington Post, Oh, go ahead, go ahead, I finish.
Speaker 6: Up CNN how Trump reversed course on the Epstein files
Speaker 6: as his administration faces lingering suspicion about their release, and
Speaker 6: then the Washington Post Trump signs build release Epstein files,
Speaker 6: but doubt remains in the process.
Speaker 1: Yeah, it became clear to me. I happened to read
Speaker 1: that one in the Washington Post. If they released every one,
Speaker 1: keep in mind, every single word of this, the conspiracy
Speaker 1: theories would still remain because this is just so rich
Speaker 1: in question marks the whole thing. But there are giant
Speaker 1: loopholes to what they're going to release.
Speaker 3: There could be.
Speaker 1: Reams and reams of stuff that is held back for
Speaker 1: legal and ethical rider. There's going to be tremendous public
Speaker 1: political pressure to release the stuff or to unredact it.
Speaker 6: Right from the Wall Street Journal and video, strong results
Speaker 6: show AI fears are premature.
Speaker 1: Wilson depends which fears you're talking about.
Speaker 6: And thinking of all those people who said they were
Speaker 6: going to trade their tesla's in for a prius from
Speaker 6: Fox Business, Toyota ceo goes full maga at Red, White,
Speaker 6: and Blue NASCAR event in Japan.
Speaker 1: Really look forward to getting flipped off in your prius,
Speaker 1: just like I get flipped off in my cyber drug
Speaker 1: every day.
Speaker 6: Oh from the daily mail fury as new upkeep law
Speaker 6: in Massachusetts will find homeowners two hundred dollars for using
Speaker 6: gas powered leaf blowers.
Speaker 1: M I don't appreciate the infringement on freedom, and yet
Speaker 1: that's a tough one pint of my existence.
Speaker 3: The leaf flower.
Speaker 1: Well, you know, what's the libertarian point of view? You
Speaker 1: can do whatever you want as long as you're not
Speaker 1: harming anybody else. You're definitely harming other people using those
Speaker 1: gas leaf blowers. Yeah, it's funny that we as a
Speaker 1: society recognize fully. I think an eyesore something that's ugly
Speaker 1: and terrible, but something that offends the ears we put
Speaker 1: up with too much. I think I've got a battery
Speaker 1: powered one, does fine? Or get a rake, Get a
Speaker 1: freaking rake? Is Saday morning seven o'clock birds tweeting beautiful
Speaker 1: day and that next door.
Speaker 6: What Oh that is unpleasant. Joe and I are just
Speaker 6: showing off USA today. Eighteen carrot gold toilet dubbed America
Speaker 6: fetches twelve point one million at auction.
Speaker 3: Yeah, yep, it's in my guest bathroom. Swing on by.
Speaker 1: You can use it, using it to me is the greatest.
Speaker 1: Its performance are Oh my god, to squad on that and.
Speaker 3: Scroll through my phone for a half an hour. Oh
Speaker 3: you feel like you can trust me?
Speaker 6: From study fines, pig kidney functions normally in Brain Dead
Speaker 6: Human for record sixty one days.
Speaker 1: First of all, we are playing Thanksgiving night after your
Speaker 1: big meal, come out and see pig kidney.
Speaker 3: Yeah.
Speaker 1: Secondly, that's a good that's a pretty good run for
Speaker 1: the guy with the pig kidney.
Speaker 3: Huh okay.
Speaker 6: And finally, the Babylon be bearded six' four man in
Speaker 6: address said he needs an awareness.
Speaker 3: Week for greater.
Speaker 6: Visibility that's because it's trans ability week this.
Speaker 1: Week case she didn't know almost one of the fifty
Speaker 1: seven weeks a year that are set aside FOR lgbtq
Speaker 1: minus plus ia.
Speaker 3: Over The power Of. Flour they're probably mentioning it in
Speaker 3: the public. School. Yeah The fox pull.
Speaker 1: That came out yesterday getting a lot of, attention partially
Speaker 1: because it's. Fought fox is a really good polling. Organization
Speaker 1: they don't seem to push the numbers either, direction but
Speaker 1: the fact that It's fox and they're not good For trump.
Speaker 3: Is getting a lot of. Attention we can hit you
Speaker 3: with a couple of those numbers and we'll get.
Speaker 5: THIS a new ranking of the top global airlines was
Speaker 5: just released and not a SINGLE us carrier made the top. Ten,
Speaker 5: luckily no one's flying ON us airline will hear this
Speaker 5: news because their seat screens don't work and The Wi
Speaker 5: fi cost thirty.
Speaker 3: Dollars, well this is.
Speaker 5: True Spirit airlines ranked one hundred and, fifteenth which is
Speaker 5: really nice because there's only eighty three airlines totally.
Speaker 1: Out So i'll talk a little bit about flying. Later
Speaker 1: as The secretary Of transportation came out yesterday and said
Speaker 1: something so as they were presented by the mainstream, media
Speaker 1: of course they have to present, everything And trump administration
Speaker 1: is stupid and, hilarious and he talked about people dressing
Speaker 1: up more to fly on. PLANES i thought that is
Speaker 1: kind of a weird thing to, say but THEN i
Speaker 1: heard it in context WHICH i thought was really, interesting
Speaker 1: and that was regarding the topic of like all these
Speaker 1: fights on planes and the lack of decorum that we've
Speaker 1: started having in airports and on, planes and it gets
Speaker 1: the whole culture conversation THAT i brought up on The
Speaker 1: One More thing podcast With elvis and The beatles and long.
Speaker 3: Hair, yeah, ANYWAY i want to talk about that again.
Speaker 1: Later, interesting would it be possible to get to an
Speaker 1: airline going that you had to apply to fly? On
Speaker 1: and it wouldn't be like a really high. Bar but
Speaker 1: if you were just a jackass or you, ever you, know,
Speaker 1: pulled you, know wacky, behavior you'd be off the. List
Speaker 1: it'd be like a private, club an airline. Club but
Speaker 1: we wouldn't get like it wouldn't be exclusive to like
Speaker 1: the top two, percent exclusive to like the top eighty five,
Speaker 1: percent just not the fifteen percent Of america that makes
Speaker 1: life miserable or maybe ninety eight. PERCENT i, mean the
Speaker 1: percentage of people that are ever gonna freaking, fight throw
Speaker 1: punches or start screaming at. YOU a plane has got
Speaker 1: to be pretty damn, small, Right i'm telling, You i'm
Speaker 1: gonna get that. Started how much does a plane? COST
Speaker 1: i got to buy a bunch of planes first.
Speaker 3: Step.
Speaker 1: Uh This fox poll that's out is getting a lot
Speaker 1: of attention and more the MORE i dug into. It it
Speaker 1: should be getting a lot of. Attention this is SOME
Speaker 1: i was gonna say it's bad news For. Trump it
Speaker 1: is because he's in office. Currently but what it Says
Speaker 1: the overall takeaway for me AS i read it is
Speaker 1: we got a very big chunk Of america that is
Speaker 1: unhappy with their economic situation or the economic situation of the.
Speaker 1: Country and they were unhappy Under. Obama at the, end
Speaker 1: they're they're feeling better Under trump first, term but still
Speaker 1: it was kind of, unhappy really unhappy Under, biden and
Speaker 1: really unhappy Under trump. Again and so it's just our
Speaker 1: politics are going to swing back and forth like, crazy
Speaker 1: and each, election pundits who make their living trying to
Speaker 1: figure out the electorates say The democrats have gotten back
Speaker 1: The hispanic vote and the, young, uneducated white male and
Speaker 1: then when the other party wins And trump, wins is,
Speaker 1: Ah trump has figured out how to talk to the
Speaker 1: high school, graduate white Working, no it's just all these
Speaker 1: people think they're getting screwed and they're unhappy at the.
Speaker 1: Time they don't follow politics that. Closely they just want
Speaker 1: to boot out who's ever in there and think the
Speaker 1: next person will be.
Speaker 3: BETTER i think that's. It there's a lot of.
Speaker 1: That, currently three quarters of voters view the economy. Negatively
Speaker 1: that's worse than the seventy percent that said the same
Speaker 1: at the end Of biden's, term that might be the
Speaker 1: only number you need to talk.
Speaker 3: About so at the end Of.
Speaker 1: Biden's first term when he got heaved out Because trump's
Speaker 1: economy was so. Good you, know first term seventy had
Speaker 1: a negative view of the. Economy it's now seventy six. Percent,
Speaker 1: YEAH i Think trump may be getting hosed on. That
Speaker 1: AND i based that partly on a PIECE i read
Speaker 1: By Larry. Cudlow he was talking about how since Uh
Speaker 1: trump has been in office for eight months now and
Speaker 1: the inflation of groceries during his you need to say that,
Speaker 1: again that is an excellent. Point how do we all
Speaker 1: forget that every single?
Speaker 3: Day oh, yeah it's just eight months or.
Speaker 1: So for three years into The trump. Term, no we
Speaker 1: have many months of consumer price index. REPORTS i should,
Speaker 1: say we just Started trump's. TERM i, KNOW i, KNOW i,
Speaker 1: know it's. Amazing but and the the increase in the
Speaker 1: price of, groceries the inflation of groceries.
Speaker 3: Has actually been, very very.
Speaker 1: Modest the cumulative grocery price jump is one point four.
Speaker 1: Percent And cudlow say, it says that's he has nothing
Speaker 1: to apologize. For his point being that the terrible inflation
Speaker 1: of The biden years you've phrased it as people still
Speaker 1: haven't gotten used to seeing those prices on. Items the
Speaker 1: other reality, is though wages have increased, significantly they haven't
Speaker 1: increased nearly enough to eat up all of the inflation and,
Speaker 1: prices and so people are still getting abused by the
Speaker 1: prices they see every single. Day and they've actually gone
Speaker 1: up at teeny tiny bit Since trump took, office which
Speaker 1: is not, surprising but partly Because trump promised he would lower,
Speaker 1: prices and on a few groceries they have, lowered but
Speaker 1: most it's just arresting the rise in prices or just
Speaker 1: letting them rise a little. BIT i think people are
Speaker 1: people expected much more than they could reasonably expect to,
Speaker 1: get partially because they were told unreasonable. Things yeah that's.
Speaker 1: True well That's american. Elections, yeah no doubt about. It,
Speaker 1: well since you brought that, up we'll get into the
Speaker 1: specifics on what people feel about these. Things compared to
Speaker 1: a year, ago voters say their seventy eight percent of
Speaker 1: voters say their utilities have gone, up two thirds say
Speaker 1: their healthcare has gone, up two thirds say their housing
Speaker 1: has gone. Up over halfs say their gasolina is. Higher
Speaker 1: eighty five percent say their grocery prices are, higher including
Speaker 1: sixty percent who say they're and groceries.
Speaker 3: Have gone up a.
Speaker 1: Lot eighty five percent say their grocery prices are more
Speaker 1: expensive Under trump than they were, before and sixty percent
Speaker 1: say a. Lot that's that's a bad political environment for.
Speaker 1: You whether it's fair or, not that doesn't really factor
Speaker 1: in unless you can get out there and message in
Speaker 1: such a way that you convince people it's not your.
Speaker 3: Fault, yeah by the, way any better message?
Speaker 1: AGGRESSIVELY i, mean because for one, thing people are coming
Speaker 1: to the annual renewal of various, things their homeless, insurance
Speaker 1: their current, insurance their healthcare, plan their their, rent their least,
Speaker 1: whatever and The biden inflation hadn't hit them in a
Speaker 1: long time in those, categories.
Speaker 3: And now they're getting punched in the.
Speaker 1: Stomach by the, way because we usually break down the
Speaker 1: Polls republican And, democrat because sometimes the number For democrats
Speaker 1: can be ninety eight percent and For republicans it's two
Speaker 1: percent and you average it out to Fifty and what
Speaker 1: does that tell you about? Anything but on this particular
Speaker 1: topic THAT i just hit you with all those, numbers
Speaker 1: it was majorities Of republicans that agree with the majorities
Speaker 1: Of democrats on all of those numbers except for. Gas
Speaker 1: all the other, Numbers, oh it's majority Of republicans, say,
Speaker 1: yeah it's got more.
Speaker 3: Expensive how about this.
Speaker 1: Number at the end Of biden's, term voters said by
Speaker 1: a thirty point margin that his policies had done more
Speaker 1: to hurt than help their.
Speaker 3: FAMILIES i remember we talked about that a.
Speaker 1: Lot, yeah the new survey shows almost identical results thirty
Speaker 1: one point margin That trump's economic policies have hurt rather
Speaker 1: than help.
Speaker 3: Them. Wow, wow you, know one more excuse For.
Speaker 1: Trump he's got the entirety of the media against, him
Speaker 1: but that is elector. Disastrous by a two to one,
Speaker 1: margin voters Say trump is more responsible for the current
Speaker 1: economy Than.
Speaker 3: Biden it doesn't make any sense.
Speaker 1: Obviously since trumps since you, know you got to bake
Speaker 1: the cake of the. Economy it takes a long time
Speaker 1: to steer the giant aircraft carrier of the. Economy it
Speaker 1: turns very. Slowly but the old saying is so. True
Speaker 1: presidents get more credit or blame for everything that happens
Speaker 1: to the economy because the predecessor usually you, know will
Speaker 1: put the ingredients in the. Cake, well and we're talking
Speaker 1: about the percentage of the economy or how DO i
Speaker 1: face this? Exactly that the president in the federal government
Speaker 1: can affect it all because your state is really important
Speaker 1: to the. Economy it's laws and, regulations not to, mention,
Speaker 1: hello market. Forces we shouldn't be talking about the government
Speaker 1: much at all when we're talking about the. Economy it's
Speaker 1: way over involved in the. Economy so the idea that
Speaker 1: the president can wave a magic fiscal wand and turn
Speaker 1: things around is just a fantasy that's been you, know
Speaker 1: sold by both.
Speaker 3: Parties for a long. Time SO i get white people
Speaker 3: are fooled by, it but it's.
Speaker 1: Ridiculous, again it's two to one voters Say trump is
Speaker 1: more responsible for the current economy Than, biden and like
Speaker 1: eighty percent of people say the economy for them is.
Speaker 1: Bad it's sixty two to thirty. Two so those are
Speaker 1: some tough. Numbers had an inflation is high or has been,
Speaker 1: high nothing else. Matters that is so flipping. True and
Speaker 1: you see it every. DAY i, know that's the way
Speaker 1: it wears on, me even if it's a small. Thing you,
Speaker 1: KNOW i got and THEN i end up spending twenty eight.
Speaker 1: Dollars but IF i thought it was going to be
Speaker 1: sixteen and it's twenty, eight it just puts in my
Speaker 1: mind a feeling of, damn things are, expensive, Right and
Speaker 1: if under the next guy's watch it goes up to twenty,
Speaker 1: nine you're not, thinking, well as an annualized, rate it's
Speaker 1: actually fairly.
Speaker 3: Modest, no you're, thinking holy, crap that's.
Speaker 1: Expensive and it compounds inflation like interest.
Speaker 3: Compounds you, know it's it's.
Speaker 1: Funny And i've got all sorts of stuff on INFLATION
Speaker 1: i want to talk about, later just BECAUSE i think
Speaker 1: it's important people understand. It that's like the number one
Speaker 1: reason you ought to be in favor of serious fiscal
Speaker 1: responsibility in the government.
Speaker 3: Is the insidious hidden tax of.
Speaker 1: Inflation but WAS i gonna SAY i had a point
Speaker 1: there as An, oh that's. Right so the way that
Speaker 1: gets you so enthusiastic about, saving or they used to,
Speaker 1: anyway is they point out, that, look if you make
Speaker 1: five percent, interest the next, year you're not making you,
Speaker 1: know you're not getting five percent of a. Dollar you're
Speaker 1: getting five percent of a dollar, five which turns into you,
Speaker 1: know after a couple of, years it's a dollar, six
Speaker 1: and it grows and it.
Speaker 3: Compounds, well inflation's the same.
Speaker 1: Thing two percent of a dollar six is more than
Speaker 1: two percent of a. Dollar, yeah so it keeps compounding
Speaker 1: and eating away at your buying. Power so here's WHERE
Speaker 1: i turned cynical. Libertarian so the government can print money
Speaker 1: and hand it out to their cronies and or buy your,
Speaker 1: votes even though it's incredibly.
Speaker 3: Ill advised to print that.
Speaker 1: Money before we take a break and get to mail,
Speaker 1: Bag i'll hit you with a couple of numbers that
Speaker 1: are bad for The, democrats just to you, know throw that.
Speaker 3: Out, there go give them one or.
Speaker 1: Two, yes a record low thirty nine percent have a
Speaker 1: favorable view of The Democratic. Party that's the lowest they've ever,
Speaker 1: had probably because they're so. Terrible senate everyone knows.
Speaker 3: It, yeah, yes or your lips To god's.
Speaker 1: Ears Senate Minority Leader Chuck schumer has a twenty two
Speaker 1: percent approval.
Speaker 3: Rating who are you twenty two? Percent what are your? Standards?
Speaker 1: What what would he bad leader of the minority party
Speaker 1: in The senate look?
Speaker 3: Like can?
Speaker 7: Do?
Speaker 1: Yeah but really the overall headline Is trump is down
Speaker 1: thirty eight percent on the, Economy and then that was
Speaker 1: his rock. Solid you, know even if you Hated, trump
Speaker 1: you believed him on the economy first.
Speaker 3: Term he's now at thirty eight percent on the. Economy
Speaker 3: that's a big. Deal.
Speaker 1: Yeah the PEACE i was, READING i can't remember where
Speaker 1: About Marjorie Taylor green in a big meeting of The
Speaker 1: Republican party in her, district and how it became clear
Speaker 1: that the vast bulk of the folks were With margie
Speaker 1: as opposed To trump in the areas where they, disagreed
Speaker 1: and there was a fair current Of trump seems more
Speaker 1: interested in the. World marjorie is more about the people
Speaker 1: of her district than the people in this part of the.
Speaker 3: Country.
Speaker 1: Yeah, Well trump YESTERDAY i heard him talking about the
Speaker 1: stock market, records And Marjorie Taylor green is probably talking
Speaker 1: about the price of you, know let us or, whatever
Speaker 1: something like making seven dollars to a whole bunch of
Speaker 1: to a whole bunch of voters that never ever think
Speaker 1: about the stock.
Speaker 3: Market, ever this is not on the radar at.
Speaker 1: All, right, Right, yeah it's the first signs of out
Speaker 1: of touch billionaire we've seen a handful of times in recent. Days,
Speaker 1: yeah or the signs that we got a really angry
Speaker 1: proletariat that probably ought to be educated on bigger picture
Speaker 1: stuff and have a better understanding the way the world.
Speaker 3: Works maybe both, Both Oh joe throws out of.
Speaker 1: Both we've got just made the case that people who
Speaker 1: never even think about the stock market because they got
Speaker 1: no money in, it you, know they have the right
Speaker 1: to be.
Speaker 3: Mad which what side of this are you?
Speaker 1: Working you're jumping back and forth like some sort of
Speaker 1: frog or flea or some jumping. Thing i'm trying to
Speaker 1: have both. Sides, okay that's What i'm trying to tell.
Speaker 1: You never lose an argument that, way or.
Speaker 3: It's the other.
Speaker 1: Way Usually i'm trying to anger Everyone's, yes we've got
Speaker 1: mail bag on the way and lots of other. Stuff
Speaker 1: talk about stay.
Speaker 8: Here, god the lunch from microv smells. Disgusting do people
Speaker 8: bring their garbage to work and heat it up for some?
Speaker 3: Reason why would you eat up for?
Speaker 1: Garbage that would be odd, Behavior no. Doubt he smells
Speaker 1: like it at the. Radio would not shock. Me speaking
Speaker 1: of shocking coming up during, mailbag the world's most dangerous tongue.
Speaker 1: Twister stay with, us but first your freedom of the
Speaker 1: quote of the.
Speaker 3: Day this was sent along by Oh MAN i don't
Speaker 3: have the name in front of. Me thanks for sending it.
Speaker 1: Though speaking Of Ben, franklin this is from the good
Speaker 1: Doctor Ben, franklin seventeen seventy. Four AND i want you
Speaker 1: to think not of the, nation but of state. Government
Speaker 1: AS i read, this the ordaining of laws in favor
Speaker 1: of one part of the nation to the prejudice and
Speaker 1: oppression of another is certainly the most erroneous and mistaken.
Speaker 1: Policy an equal dispensation of, protection, rights, privileges and advantages
Speaker 1: is what every part is entitled to and ought to.
Speaker 3: Enjoy long annoyed.
Speaker 1: Me the domination of state politics in a number of different.
Speaker 1: STATES i can name by the populous blue, cities and
Speaker 1: they just don't give a damn what all the other
Speaker 1: people out there were just outnumbered in many.
Speaker 3: Cases, anyway, mailbag.
Speaker 1: Drop this note mail back At armstrong you getta dot.
Speaker 1: COM a nice note here From, kurt who mentions his
Speaker 1: family has been enjoying tongue, twisters many hours of, laughter,
Speaker 1: giggling sort, snortling and. Shortling after looking these up and
Speaker 1: trying to send going back to the segment we did
Speaker 1: years ago with my, son.
Speaker 3: Uh the articulation exercises for. Actors, oh, OKAY i kind
Speaker 3: of remember.
Speaker 1: That, YEAH i did, TOO i remember it being really.
Speaker 1: Fun maybe we ought to dig that up. Anyway here
Speaker 1: it is the world's most dangerous tongue, twister AND i
Speaker 1: will do my. BEST i can't decide if the music's
Speaker 1: a good idea or.
Speaker 3: Not, michael it's very IMPORTANT i not be. Distracted all,
Speaker 3: right here we, Go Missus.
Speaker 1: Puggy wuggy has a square cut, punt not a punt cut, square.
Speaker 3: Just, me you've frightened.
Speaker 1: Me you sure this is a GOOD i gotta get
Speaker 1: all the way through, it all.
Speaker 3: RIGHT i was. Slow, no, no that's not that it
Speaker 3: would be, cheating, yes but it could be the end
Speaker 3: of our. Career i'm still paying for my. CAR i
Speaker 3: have a house. Favorite you.
Speaker 2: Know it's.
Speaker 1: FUNNY i was going to bring that up in the
Speaker 1: context of, this this tongue. Twister let me finish, it
Speaker 1: then we'll talk about.
Speaker 3: It Missus.
Speaker 1: Puggy wuggy has a square cut, punt not a punt cut,
Speaker 1: square just a square cut.
Speaker 3: Punt it's round in the stern and blunked in the.
Speaker 3: Front Missus Puggy wuggy has a square cut. Punt there you.
Speaker 1: Go got through, it and it actually is a really
Speaker 1: good articulation. Exercise my tongue feels. Different, ah it is
Speaker 1: a mark of how Silly the concept of an obscenity
Speaker 1: is that if you accidentally were to make that noise
Speaker 1: with your mouth that was shaded as if you've expressed
Speaker 1: the thought.
Speaker 3: That was a cunning. Stunt doubt right.
Speaker 1: EXACTLY krtp keep writing that Punt kurt and his family
Speaker 1: in Beautiful San, Jose. California well, right, oh he thought
Speaker 1: of that BECAUSE i mentioned That judy AND i wrote
Speaker 1: a punt In, Cambridge. England well, right if you were
Speaker 1: doing a tongue twister that was she had a nice
Speaker 1: figure and the figure was nice and data and you
Speaker 1: accidentally got the letters mixed, up you would End it
Speaker 1: would end your, career even if you had no intention
Speaker 1: whatsoever saying, oh you shouldn't even done that tongue. Twister it's,
Speaker 1: dangerous or it came out a little too. Easy you're
Speaker 1: used to saying. THAT i guess, her that has happened many.
Speaker 1: Times oh, yeah a picture a tongue twister with a
Speaker 1: bunch of n's in the word. BIGGER i, mean for,
Speaker 1: Instance i'm not doing that one. Anyway speaking of, Speaking steve,
Speaker 1: In i'll get to a sign off in a, second he, Says,
Speaker 1: fellas WHEN i heard your comments on people dropping their
Speaker 1: teas in speech these, DAYS i had to shout and.
Speaker 1: Amen i'd actually posted TO x a week or so,
Speaker 1: ago lamenting that very. Subject the practice seems to have
Speaker 1: its advent in modern, ebonics which became popularized in nineteen
Speaker 1: ninety six In oakland in the school. District but the
Speaker 1: thing that caused me to post was Actually Caroline, levitt
Speaker 1: The press secretary at The White, house constantly pronouncing important is,
Speaker 1: important as in The president finds this very. IMPORTANT i
Speaker 1: give up like my son says Signed steve In North.
Speaker 1: Carolina my son, says, button AND i don't know where
Speaker 1: he picked it. Up he's done it like his whole.
Speaker 3: Life how would you like to be hit?
Speaker 1: IN i don't know where culturally he picked it, up
Speaker 1: but it seems to be a thing with young, people
Speaker 1: at least according to TikTok.
Speaker 3: Oh please, stop we got a lot more on the.
Speaker 3: Way stay, Here armstrong And getty