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Speaker 1: Ahead on an American Sunrise early edition.

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Speaker 2: Still trying, Secretary of State Marco Rubio has meant taking

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Speaker 2: the lead, hard at work trying to set up a

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Speaker 2: meeting between Vladimir Putin and Vladimir Zelenski. He's also trying

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Speaker 2: to set up the security guarantees for Ukraine if it

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Speaker 2: signs a peace deal. Maybe next Marco will try to

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Speaker 2: fix the New York Jets. Good luck on all that,

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Speaker 2: Dear Letitia, please quit. That's what Justice Apartment Prosecutor Ed

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Speaker 2: Martin has written in a letter to the New York

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Speaker 2: State Attorney General Letitia James, as it appears he has

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Speaker 2: the goods on her alleged mortgage fraud and other crimes.

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Speaker 1: Have they no shame?

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Speaker 2: The Washington Post publishes a story with unnamed sources claiming

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Speaker 2: Defense Secretary Pete heg Say's security detail is very expensive

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Speaker 2: and extensive. Of course, no Defense secretary has been threatened

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Speaker 2: more than heg seth. It's almost like the Post wants

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Speaker 2: something bad to happen to him.

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Speaker 1: Hmmm.

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Speaker 2: It's been an unbelievable or make that very believa twenty

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Speaker 2: four hours when it comes to revelations about some very

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Speaker 2: high profile illegal alien cases. That includes news that the

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Speaker 2: illegal alien who caused this deadly crash in Florida failed

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Speaker 2: his driving test, but California gave him a license anyway.

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Speaker 2: And now the New Jersey coast line is under a

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Speaker 2: tropical storm warning even as the worst of Hurricane Aaron

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Speaker 2: heads further east out over the Atlantic. Welcome to the

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Speaker 2: beginning of a hurricane season, and welcome to American Sunrise

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Speaker 2: Early Edition, which begins now.

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Speaker 3: Welcome to American Sunrise Early Edition, the show where faith,

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Speaker 3: freedom and the values that built this nation takes centers.

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Speaker 1: To your good deeds and bad deeds. That's how we're

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Speaker 1: gonna judge you.

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Speaker 3: Join host Jake Novak is he breaks down the stories

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Speaker 3: that matter.

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

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Speaker 1: have found.

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Speaker 3: American Sunrise Early Edition with your host Jake Novak starts now.

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Speaker 2: Hi, Welcome to this Wednesday here on American Sunrise Early Edition.

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Speaker 1: I'm Jake Novak.

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Speaker 2: I know that Ben Bergwam has the law on Border

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Speaker 2: show here on Real America's Voice, but honestly, I feel

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Speaker 2: like this week, especially every hour of this program could

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Speaker 2: be dedicated to updates on the illegal alien situation and

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Speaker 2: how so many politicians have walked out onto a basically

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Speaker 2: a field of quicksand willingly, and they just don't seem

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Speaker 2: to ever learn their lesson. Someone who really knows a

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Speaker 2: lot about illegal immigration is going to join us and

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Speaker 2: help teach a lot of us what we need to know.

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Speaker 2: He's John Taylor. He's an attorney, he's an author, and

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Speaker 2: he's also I believe, one of the best illegal immigration

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Speaker 2: experts in the country. John, we had so many illegal

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Speaker 2: alien controversies blow up in the faces of the open

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Speaker 2: borders crowd just over the last twenty four hours. I

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Speaker 2: mentioned at the top of the show that the details

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Speaker 2: about that illegal alien truck driver who couldn't even identify

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Speaker 2: most of these street signs and in his driving test,

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Speaker 2: and that terrible accident of Florida that he caused.

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Speaker 1: And then we also had this story.

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Speaker 2: This is another video that came out of federal agent's

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Speaker 2: tackling a man, and the left wing social media universe

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Speaker 2: went nuts. Here's this video went nuts over it. They said,

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Speaker 2: oh my god, this guy's crying. He said he didn't

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Speaker 2: do anything wrong, and as you'll see, they start to

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Speaker 2: tackle him. It turns out, John, that the man had

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Speaker 2: an outstanding charge of sexually assaulting a child.

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Speaker 1: I can't even say it because it's just so annoying.

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Speaker 2: When will these people learn john to stop defending these

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Speaker 2: horrific criminals or at least wait, yeah, now.

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Speaker 4: They haven't learned.

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Speaker 5: And the fact of it is is that you know,

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Speaker 5: you just said something really interesting that you know, this

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Speaker 5: just happened, except this happens every day, and it's been

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Speaker 5: happening every day for years. What you had was previously

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Speaker 5: there was nobody to cover it because, you know, prior

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Speaker 5: to the Trump administration coming back into power, you know,

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Speaker 5: the Biden administration, you know, really did a lot to

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Speaker 5: suppress these stories. They didn't make the kinds of arrest

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Speaker 5: that you're seeing now, and they didn't do the kind

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Speaker 5: of work to publish sizes that you're seeing now. So

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Speaker 5: this was happening, especially in states like California and in Arizona,

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Speaker 5: all the time. You couldn't go, you know, a week

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Speaker 5: without two or three good illegal alien stories where an

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Speaker 5: illegal alien committed a crime, you got arrested, and the

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Speaker 5: news simply wouldn't report that they were there illegally.

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Speaker 4: So this isn't anything new.

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Speaker 5: So I don't think you're ever going to see a

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Speaker 5: time probably where the mainstream media covers these stories the

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Speaker 5: way they have to. And as you said in that

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Speaker 5: latter story, you know, it was all about some poor

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Speaker 5: guy crying in his car, not the fact that he

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Speaker 5: was crying in his car because he was about to

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Speaker 5: be taken to jail for child molestation.

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Speaker 1: Yeah, it's just incredible.

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Speaker 2: And then some of the news media folks who got

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Speaker 2: caught with this actually had the gall to respond saying, well,

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Speaker 2: I didn't know he was an illegal alien with that

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Speaker 2: charge against him.

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Speaker 1: When I went, that's right, you didn't know. If you

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Speaker 1: don't know, please be quiet.

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Speaker 2: Look I do a lot of pontificating on this program,

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Speaker 2: a lot of analysis, a lot of opinion. I wait

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Speaker 2: to see some of the facts first. For crying out loud,

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Speaker 2: I don't know why people need to be reminded of this.

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Speaker 2: People with huge media contracts making a lot more money

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Speaker 2: than I am, who just jump out on social media.

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Speaker 1: Jessica Tarlov was one of them.

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Speaker 2: From the five few other people, I mean, why they

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Speaker 2: just can't wait?

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Speaker 1: I don't know.

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Speaker 2: Here's another person who should think first, and that's Mayor

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Speaker 2: Michelle Wu of Boston. You know, John, I've been talking

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Speaker 2: about how this illegal alien thing in an eerie way.

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Speaker 2: And I don't mean to completely compare it, but these

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Speaker 2: mayors and governors who are going all out and threatening

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Speaker 2: and I really do mean that, threatening federal agents so

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Speaker 2: that they can protect their illegal aliens in their towns.

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Speaker 1: I'm sorry.

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Speaker 2: They remind me of Southern governors and Southern mayors and

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Speaker 2: Southern senators before the Civil War saying, don't you come

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Speaker 2: down and try to get our slaves. I mean, that's

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Speaker 2: what this sounds like when you think about what most

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Speaker 2: of the illegal aliens get paid. Maybe they are slaves.

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Speaker 2: I mean, this is such a bad look. I don't

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Speaker 2: care where you're from. And Michelle Wu's coming off like

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Speaker 2: an absolute secessionist here.

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Speaker 5: Well, look, you know, one of the things that makes

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Speaker 5: this country very very special and separates us out from

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Speaker 5: other countries is the concept of federalism. You know, it's

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Speaker 5: a term we hear all the time, but it's one

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Speaker 5: we don't really talk about much.

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Speaker 4: You know.

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Speaker 5: Federalism is about liberty. It's about e pluribus unam. It's

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Speaker 5: about the concept that because we don't just have a

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Speaker 5: centralized federal government, but because we have state governments we

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Speaker 5: have this kind of protection from a centralized authority, and

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Speaker 5: that's terrific. That's what's protected our liberties for all of

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Speaker 5: these years. And as you said, you know, states are different,

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Speaker 5: and there's a good reason for that. Our founding fathers

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Speaker 5: intended that. But the problem is is there's also something

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Speaker 5: called the supremacy clause, and that's a clause in the

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Speaker 5: Constitution that says that federal law is supreme to state law.

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Speaker 5: You know, back about I think it's now almost twenty

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Speaker 5: years ago, the state of Arizona came up with something

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Speaker 5: called SB ten seventy, very famous at its time, and

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Speaker 5: that was an attempt by the state of Arizona to

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Speaker 5: regulate illegal immigration. And of course what did all of

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Speaker 5: the liberal groups did. What they do is they challenged it.

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Speaker 5: They went to court and they said, you know, Arizona

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Speaker 5: can't do that. You cannot have SB ten seventy because

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Speaker 5: states are not allowed to control immigration. Immigration is a

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Speaker 5: federal function. Only all liberal groups joined in this lawsuit.

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Speaker 5: It went all the way up to the Supreme Courts,

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Speaker 5: and of course most of the law was found to

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Speaker 5: be unconstitutional, not because it violated anybody's rights per se,

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Speaker 5: but because under the Constitution, all of the issues regarding

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Speaker 5: immigration and especially illegal immigration, go to the federal government.

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Speaker 5: So all the liberals celebrated this now because it doesn't

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Speaker 5: fit their narrative. They've taken the position that they can

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Speaker 5: create laws in their states or in their communities such

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Speaker 5: as Boston, where they don't have to follow federal immigration law,

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Speaker 5: and not only do they not have to follow it,

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Speaker 5: they can essentially impede the work of federal agents who

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Speaker 5: are trying to make rest simply because they don't like

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Speaker 5: the policy. Well, you know, this is the hypocrisy, you know,

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Speaker 5: you know, on steroids, this is what the problem is.

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Speaker 5: You know, when it suits them to not have a

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Speaker 5: state like Arizona, which was far more conservative then in

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Speaker 5: forced immigration, then that's fine. When it didn't make sense

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Speaker 5: they didn't want, you know, Greg Abbott in Texas to

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Speaker 5: be able to put up you know, razor wire, to

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Speaker 5: be able to put National Guard troops at the border,

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Speaker 5: then that's fine. And states don't have any rights. The

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Speaker 5: moment you encroach on their communities and on their states,

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Speaker 5: such as Illinois and JB. Pritzker state, all of a sudden,

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Speaker 5: it becomes a state's right. It is about as hypocritical

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Speaker 5: as you get, and it's really disgusting. I mean, pick

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Speaker 5: your poison, but you can't have it both ways.

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Speaker 1: Yeah, I mean, I think most people do see through this. John.

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Speaker 2: Another aspect of this is how much money is taken

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Speaker 2: from taxpayers to accommodate the peccadillos of these politicians.

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Speaker 1: Illinois Governor JB.

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Speaker 2: Pritzker pushing to make it an absolute permanent thing that

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Speaker 2: illegal aliens in the state will get financial aid in

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Speaker 2: Illinois colleges and universities. Again, to go back into history,

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Speaker 2: Michelle wou reminds me of secession as senators and governors.

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Speaker 4: JB.

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Speaker 2: Prisker reminds me of the feudal kings of Europe who

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Speaker 2: would take the taxpayer's money to, you know, to collect

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Speaker 2: taxes from the people of the lands, to basically help

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Speaker 2: fundraise for their own private armies and their own private

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Speaker 2: bodyguards and things like that.

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Speaker 1: This is what this is about. Really, it's really ugly.

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Speaker 5: Well it's really a problem too. And you see this

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Speaker 5: in Boston for example. You know, Mayor Wu is using

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Speaker 5: you know, you know, millions of dollars. It's not billions,

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Speaker 5: but certainly in the high millions. Of dollars to be

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Speaker 5: able to protect the legal aliens and to prume up

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Speaker 5: with programs. You just saw this in Los Angeles with

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Speaker 5: Karen Bass, where they're turning over money. And the way

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Speaker 5: they do it is they don't give the handout directly

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Speaker 5: to the alien. What they do is is they use

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Speaker 5: the NGOs or other nonprofit organizations, provide the money to

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Speaker 5: the non profits who then in turn provide it to

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Speaker 5: the illegals.

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Speaker 4: And that's how they try to make it legal.

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Speaker 6: Uh.

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Speaker 5: In Illinois, as you pointed out, uh, and as true

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Speaker 5: oftentimes in many states, including California. You know, they'll give

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Speaker 5: in state tuition to illegals. So you know, there's all

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Speaker 5: these different benefits that they get. You know, obviously we've

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Speaker 5: had to talk about, you know, Gavin Newsom providing medicaid

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Speaker 5: to illegal aliens and it required Congress to pass the law.

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Speaker 5: Recently they said you can't do that.

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Speaker 4: Uh.

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Speaker 5: You know, so you constantly have this this parrot and

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Speaker 5: stick incentive. You know, if you can get over the border,

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Speaker 5: we're going to take care of you. And you know,

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Speaker 5: I guess you know, you could say, look, it's up

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Speaker 5: to the people of Illinois to say we don't want

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Speaker 5: our tax dollars to be used this way. Uh, there's

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Speaker 5: only so much the federal government can do, and the

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Speaker 5: federal government has, as you know, as we've seen in

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Speaker 5: the Big Beautiful Bill, tried to do that. But it's

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Speaker 5: a waste of taxifair money. In California, for example, that's

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Speaker 5: in the billions of dollars. You know, if you actually

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Speaker 5: added up all of the money spent uh to protect

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Speaker 5: and provide for.

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Speaker 4: Illegal immigrants, you know, you'd be.

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Speaker 5: Running about ten billion dollars in the state that's running

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Speaker 5: a shortfall, you know of close to seventy billion dollars.

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Speaker 5: It's absolutely amazing in California. You know, a lot of

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Speaker 5: this has resulted in the negative population growth in you know,

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Speaker 5: about a million Californians a year, you know, leaving the

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Speaker 5: state in Illinois. You know, people talked about New York

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Speaker 5: in California, but Illinois is number three. Illinois is number

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Speaker 5: three in the country of people fleeing the state. This

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Speaker 5: is just one of the many reasons.

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Speaker 2: Yeah, I wanted to get to take a set aside

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Speaker 2: about a minute to ask you about the latest in

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Speaker 2: your lawsuit against the City of Mesa, Arizona.

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Speaker 1: Tell us. How that's going on, What that's about.

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Speaker 4: Well, I'll tell you a little bit more about that.

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Speaker 5: Even in general terms, the Justice Department has taken a

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Speaker 5: look at what's in my book, report to the Governor,

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Speaker 5: and some of the other research done by Senator Mark Fincham,

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Speaker 5: who is a state senator in Arizona and has come

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Speaker 5: into the state now with the FBI, with the Internal

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Speaker 5: Revenue Service, and with other government agency to examine the

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Speaker 5: fraud and corruption that permeates Arizona. One of the worst

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Speaker 5: defenders is the city of Mesa. The City of Mesa,

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Speaker 5: for those who don't know, is a suburb of the

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Speaker 5: Phoenix area. It's on the eastern end of the Phoenix Valley.

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Speaker 7: You know.

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Speaker 5: Our lawsuit is about things that happened to me and

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Speaker 5: things that happened to others, which is that the City

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Speaker 5: of Mesa, in order to protect racketeering activities that members

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Speaker 5: of the city are involved in, have essentially falsified evidence,

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Speaker 5: falsified charges, violated constitutional rights consistently to be able to

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Speaker 5: keep people like me from either investigating or reporting on

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Speaker 5: our findings. So we have filed federal litigation under the

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Speaker 5: Civil Rights Act under what was called forty two USC.

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Speaker 4: Nineteen eighty three.

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Speaker 5: It's what we call a nineteen eighty three lawsuit alleging

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Speaker 5: an array of civil rights violations, ones that occurred to me,

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Speaker 5: ones that occurred to keep me away from my son McKinley,

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Speaker 5: which you know, I think most of your audience knows about,

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Speaker 5: and also to do this to other people. So you've

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Speaker 5: got probably what we think is now in the tens

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Speaker 5: of thousands of individuals who are falsely charged, falsely convicted,

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Speaker 5: where judges were paid off, where officers were paid off,

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Speaker 5: where documents were falsified, evidence was falsified in order to

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Speaker 5: try to gain convictions. It is an absolutely disgusting mess

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Speaker 5: of what abusive power looks like and what law they

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Speaker 5: are on kind of a lower scale to what we

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Speaker 5: saw with Donald Trump, happens every day to just you know,

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Speaker 5: average people, you know, and try to protect racketeering activities.

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Speaker 5: So we're slowly pushing through that process. But fortunately, like

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Speaker 5: I said, we now have the assistance of the FBI,

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Speaker 5: the Justice Department, the IRS, and other federal agencies that

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Speaker 5: are now combing through our evidence and evidence gathered by

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Speaker 5: others to try to put a stop to this. And

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Speaker 5: it's not just all as we talk about in Report

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Speaker 5: to the Governor. It's not just in Arizona. You know,

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Speaker 5: this is something that goes on in a lot of

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Speaker 5: states across the country, and it's something that absolutely has

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Speaker 5: to stop. And of course it tails into the issue

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Speaker 5: that's very near and dear to the President's heart, and

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Speaker 5: that is election fraud and one of the big issues

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Speaker 5: that he's been talking about lately, which is the mail

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Speaker 5: in ballots.

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Speaker 4: You know, we in the book have.

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Speaker 5: A whole section on the mail in ballot problem in

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Speaker 5: Arizona and the amount of fraud that probably changed the

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Speaker 5: election results in twenty twenty, you know, where the president

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Speaker 5: lost by eleven thousand votes but probably actually won by

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Speaker 5: about twenty five thousand votes. And we actually in Report

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Speaker 5: to the Governor actually go through the math. Well, cities

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Speaker 5: like Mesa, and you might remember in this last election

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Speaker 5: cycle the mayor of Mesa, who's now the former mayor,

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Speaker 5: John Giles, actually supported Kamala Harris.

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Speaker 4: Why did he do that?

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Speaker 5: Because the legal alien smuggling trade is absolutely huge in

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Speaker 5: states like Arizona, and if you don't think it's government

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Speaker 5: sponsored at the local, county and state levels, then you're

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Speaker 5: not understanding the depth of the problem, and that's why

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Speaker 5: it does kail directly into what we were just talking

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Speaker 5: about out.

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Speaker 2: Yeah, well, please keep us posted on that. John Thaolor,

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Speaker 2: thank you so much for joining us. We will have

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Speaker 2: you back, and please keep us posted, especially on this

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Speaker 2: case against the City of Mesa. Okay, coming up in

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Speaker 2: a word, despicable, that's the only way to describe the

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Speaker 2: Washington Post's latest attack on Defense Secretary Pete hegg set

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Speaker 2: Emily Finn and I will discuss that in a moment.

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Speaker 2: And later Target reported falling sales yesterday.

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Speaker 1: Now it's Walmart's turn.

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Speaker 2: I'll have a look at those results and get a

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Speaker 2: handle on the economy for you. This is American Sunrise

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Speaker 2: Early Edition. Thanks for being here. Stick around Peaks Island,

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Speaker 2: Maine another one of the states I lived in.

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Speaker 1: Beautiful state.

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Speaker 2: Definitely getting older, However, they need young people to live there.

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Speaker 2: Welcome back to American Sunrise Early Edition. Speaking of younger

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Speaker 2: people joining us right now Israel America's Voice contributor Emily

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Speaker 2: Finn And Emily, there is no liberal media outlet that

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Speaker 2: hates Pete Heggseth more than the Washington Post. I say

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Speaker 2: that unreservedly they remember during the confirmation process, they had

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Speaker 2: story after story they really hate him, and now they

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Speaker 2: have another doozy of a piece using a bunch of

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Speaker 2: unnamed sources to complain that he Seth has too big

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Speaker 2: of a security detail. And Emily, you just know, you

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Speaker 2: just know that this has a lot to do with

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Speaker 2: the fact that Pete Hegseth is an outsider. I mean,

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Speaker 2: these are all the things the Washington Post doesn't like.

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Speaker 2: He's an outsider in DC. Washingt Post is like a

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Speaker 2: company paper for career bureaucrats and career Washington.

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Speaker 1: People, whether they call themselves Republicans or not.

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Speaker 2: They also this is a guy, you know, go ahead,

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Speaker 2: I mean, this is just an incredible piece. It really

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Speaker 2: it's very disturbing.

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Speaker 6: Actually, it really is disturbing when you think about this, Jake.

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Speaker 6: I mean the way that the Washington Post described this,

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Speaker 6: and like you pointed out, he certainly has been a

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Speaker 6: target of this newspaper even before he was confirmed as

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Speaker 6: Defense secretary, but the way they described as security detail

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Speaker 6: was unusually large. And I'm sorry, but if the President

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Speaker 6: of the United States who I was serving under, wasn't

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Speaker 6: assassinated or tried assassinated, attempts twice, and you had constant

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Speaker 6: threats against you as a defense secretary. You know that

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Speaker 6: everyone else around you in the White House is getting

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Speaker 6: threats every day. I don't know what's unusual about having

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Speaker 6: such a large security detail. It seems like this is

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Speaker 6: necessary in this situation for Hegseth.

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Speaker 2: Yeah, I mean it's almost like they're cheerleading for him

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Speaker 2: to be attacked. And this entire article was a complaint that, well,

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Speaker 2: you know, you made it hard for us to rile

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Speaker 2: people up to attacking because he has such a big

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Speaker 2: security detail. It's really frustrating. I want to show you

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Speaker 2: video of something else. This is out in Redmond, Washington.

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Speaker 2: This is the Microsoft headquarters, and this is a little

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Speaker 2: bit less about politics and a little bit more about

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Speaker 2: people who don't follow the news well enough to know

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Speaker 2: what the heck they're doing. These are Microsoft employees starting

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Speaker 2: an impromptu encampment anti Israel encampmon. I don't know what

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Speaker 2: the heck Microsoft has to do with Israeli policy. I

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Speaker 2: don't know why these kids decide to in these cases,

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Speaker 2: maybe adults decide to protest against colleges and also tech companies.

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Speaker 1: They really have very little to do with Israeli.

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Speaker 2: It's the dumbest thing. But this is a real dumb

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Speaker 2: thing about it. Emily, maybe they should have looked at

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Speaker 2: the news and maybe even this pro because a bunch

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Speaker 2: of Google employees tried something similar last year. And guess what, Emily,

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Speaker 2: they are now ex Google employees. I guess these people

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Speaker 2: better have another job lined up because they're going to

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Speaker 2: get fired too. Microsoft can just point to Google and say, hey,

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Speaker 2: they did it, we'll do it too. Yeah.

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Speaker 6: Hopefully Microsoft does step up pretty quickly here. But Jake,

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Speaker 6: the one thing that stood out to me the most

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Speaker 6: about this encampment. They're calling themselves the Martyred Palestinian Children's Plaza,

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Speaker 6: And when you start bringing children into this, you really

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Speaker 6: can't pick sides. There are Israeli children that were killed

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Speaker 6: in this war as well. It is really disgusting. It's outrageous,

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Speaker 6: and like I said, I hope that Microsoft steps up

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Speaker 6: and holds these people accountable. I mean, this is hatred

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Speaker 6: that's happening at their company's right fare.

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Speaker 2: Ye, so much political activism is really hatred. Do people

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Speaker 2: who say they're propalaceinty really care about the course not?

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Speaker 2: Because there's so many more Muslims killed in other parts

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Speaker 2: of the country, other parts of the world every single day,

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Speaker 2: and they don't care about them. It's about hatred. Same

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Speaker 2: thing with feminists and environmentalists. There are some real ones

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Speaker 2: out there, but for the most part, they just hate

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Speaker 2: certain other people. And this is an angry bunch of

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Speaker 2: children really saying that they're upset that they can't show

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Speaker 2: their hate at work. It's really these people really also

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Speaker 2: need mental health care. Emily Finn, thank you so much

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Speaker 2: for joining us. I'll rejoina. We'll be talking again about

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Speaker 2: the economy in at around nine to twenty or so,

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Speaker 2: looking forward to that.

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Speaker 1: Thanks for joining us.

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Speaker 6: Thank you Jakes.

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Speaker 2: Then, all right, is the continued divide between President Trump

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Speaker 2: and the Federal Reserve putting us behind the curve again?

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Speaker 2: Can the Fed take the right action at the right

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Speaker 2: time or are we going to be looking at another

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Speaker 2: potential economic slowdown? Well, what does this mean for you

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00:19:32,600 --> 00:19:36,440
Speaker 2: in your savings? Consider diversifying with gold through Birch Gold Group.

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Speaker 2: For decades, gold has been viewed as a safe haven

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Speaker 2: in times of economic stagnation, global uncertainty, and high inflation,

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Speaker 2: and Birch Gold makes it incredibly easy for you to

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Speaker 2: diversify some of your savings into gold. If you have

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Speaker 2: an IRA or an old four oh one K, you

413
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Speaker 2: can convert that into attack sheltered IRA in physical gold,

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Speaker 2: or just buy some gold to keep in your safe First,

415
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Speaker 2: get educated. Birch Gold will send you a free infocit

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Speaker 2: on gold. Just text America to the number.

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Speaker 1: Ninety eight ninety eight ninety eight.

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Speaker 2: Again, text America to ninety eight ninety eight ninety eight.

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00:20:09,000 --> 00:20:12,240
Speaker 2: Considered diversifying a portion a portion of your savings into gold.

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00:20:12,600 --> 00:20:14,320
Speaker 2: That way, the Fed can't stay ahead of the curve

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00:20:14,400 --> 00:20:16,359
Speaker 2: or the country. At least you can and you can

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Speaker 2: stay ahead for yourself. Coming up, Remember when I told

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Speaker 2: you off roading vehicles we're going to be more popular

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Speaker 2: than EV's pretty soon. Will They probably are already. And

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Speaker 2: Ford just did something that I think proves me right.

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Speaker 2: That story and the rest of Moving America. When American

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Speaker 2: Sunrise early edition comes right.

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Speaker 1: Back, that's the Jersey show.

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Speaker 2: The Jersey Shore getting hit by the little aspects of

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Speaker 2: Hurricane eraon which are causing.

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Speaker 1: A heavy surf. There maybe a little bit of flooding,

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Speaker 1: but as you can see, it's not all that bad. There.

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Speaker 2: You've got people running and working out we really really dodged.

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Speaker 1: A bowl of a hurricane era. Thank goodness for that.

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Speaker 2: Let's tick look at where the markets will begin today.

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Speaker 2: We got some red arrows here again. The market is

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Speaker 2: still really really waiting on the Fed for direction.

438
00:21:06,760 --> 00:21:07,399
Speaker 1: So there you have it.

439
00:21:07,400 --> 00:21:09,080
Speaker 2: You're gonna have a lower open, although the last few

440
00:21:09,119 --> 00:21:11,119
Speaker 2: days you've had gains in the Dow and losses in

441
00:21:11,160 --> 00:21:12,800
Speaker 2: the S and P five hundred, So take that for

442
00:21:12,840 --> 00:21:15,680
Speaker 2: what that's worth. And now let's take a look at bitcoin,

443
00:21:15,720 --> 00:21:19,479
Speaker 2: because bitcoin continues on a downward trajectory right now one

444
00:21:19,560 --> 00:21:22,440
Speaker 2: hundred and thirteen thousand dollars level, it's definitely selling off

445
00:21:22,480 --> 00:21:24,879
Speaker 2: a bit. By the way, I've lately been noticing that

446
00:21:24,920 --> 00:21:27,440
Speaker 2: bitcoin and the stock market have been kind of moving

447
00:21:27,440 --> 00:21:28,360
Speaker 2: in tandem for a while.

448
00:21:28,359 --> 00:21:30,040
Speaker 1: They're they used to move in different directions.

449
00:21:30,280 --> 00:21:32,200
Speaker 2: But now when the stock market goes down or treads

450
00:21:32,240 --> 00:21:33,600
Speaker 2: water for a while, so it is bitcoin. I think

451
00:21:33,680 --> 00:21:35,800
Speaker 2: that means that some of the stock market investors, when

452
00:21:35,800 --> 00:21:38,200
Speaker 2: they get big profits on their socks, they put a

453
00:21:38,240 --> 00:21:40,520
Speaker 2: little bit into bitcoin. I think that's what's going on

454
00:21:40,600 --> 00:21:43,920
Speaker 2: right now. Things might change soon. We'll see bitcoin, of course,

455
00:21:43,920 --> 00:21:46,639
Speaker 2: still very very close to its all time high. It

456
00:21:46,680 --> 00:21:49,840
Speaker 2: has been a tremendous winner as an investment. Don't mean

457
00:21:49,880 --> 00:21:50,919
Speaker 2: to pour cold water on it.

458
00:21:51,080 --> 00:21:51,359
Speaker 1: Okay.

459
00:21:51,359 --> 00:21:54,000
Speaker 2: Walmart reported its earnings just in the last few minutes

460
00:21:54,200 --> 00:21:57,600
Speaker 2: and here's what came out. Basically, unlike Target, Walmart says

461
00:21:57,640 --> 00:22:01,240
Speaker 2: that their sales increased compared to the same period last year.

462
00:22:01,320 --> 00:22:06,040
Speaker 2: And Walmart is increasing adding up to to their forour

463
00:22:06,119 --> 00:22:10,159
Speaker 2: or forecast for earnings and sales. So Walmart with better numbers.

464
00:22:10,240 --> 00:22:11,920
Speaker 2: Now right now, the stock is down in the pre

465
00:22:12,000 --> 00:22:14,040
Speaker 2: market because of some other things that don't have anything

466
00:22:14,080 --> 00:22:16,359
Speaker 2: to do with the economy. They've got some legal issues

467
00:22:16,359 --> 00:22:19,240
Speaker 2: and other problems right there for them at least in

468
00:22:19,280 --> 00:22:20,359
Speaker 2: the next couple of months.

469
00:22:20,520 --> 00:22:22,880
Speaker 1: But in general, Walmart is seeing increase.

470
00:22:22,600 --> 00:22:26,800
Speaker 2: Sales and expects that to continue, when their competitor, Target

471
00:22:26,880 --> 00:22:30,200
Speaker 2: saw a decrease. So again, once again Walmart really really

472
00:22:30,280 --> 00:22:33,560
Speaker 2: encroaching on Target's money right now. Now, speaking of Target,

473
00:22:33,800 --> 00:22:36,520
Speaker 2: yesterday again, as I said, they reported that their sales

474
00:22:36,520 --> 00:22:40,439
Speaker 2: are down and they replaced their CEO, Brian Cornell. Now

475
00:22:40,520 --> 00:22:43,840
Speaker 2: this was not an ouster. Cornell had been scheduled to retire.

476
00:22:44,119 --> 00:22:47,000
Speaker 2: He's going to leave in February twenty twenty six and

477
00:22:47,040 --> 00:22:49,480
Speaker 2: they are going to replace him with his number two man,

478
00:22:49,600 --> 00:22:54,000
Speaker 2: chief operating Officer, Michael Fidelki, and investors really didn't like

479
00:22:54,040 --> 00:22:54,639
Speaker 2: that news.

480
00:22:54,840 --> 00:22:56,119
Speaker 1: They wanted an outsider.

481
00:22:56,680 --> 00:22:59,479
Speaker 2: They like very much what Brian Cornell has done in

482
00:22:59,480 --> 00:23:01,919
Speaker 2: his fourteen years as CEO, but not what he's done

483
00:23:02,119 --> 00:23:04,160
Speaker 2: in the last couple of years. Remember, they went woke,

484
00:23:04,480 --> 00:23:06,680
Speaker 2: then they went not woke. Now people on the right

485
00:23:06,720 --> 00:23:09,359
Speaker 2: and people on the left are boycotting Target. They wanted

486
00:23:09,400 --> 00:23:11,560
Speaker 2: somebody else with a new vision, and what they got

487
00:23:11,600 --> 00:23:14,639
Speaker 2: was someone who basically apprenticed under Cornell. So they were

488
00:23:14,680 --> 00:23:16,399
Speaker 2: upset about it, and Target shares at the end of

489
00:23:16,440 --> 00:23:21,320
Speaker 2: the day lost six percent. Bed Bath and Beyond says

490
00:23:21,440 --> 00:23:24,439
Speaker 2: crime and other economic conditions in California are so bad

491
00:23:24,920 --> 00:23:27,080
Speaker 2: that it will not open a new retail store in

492
00:23:27,119 --> 00:23:30,399
Speaker 2: that entire state, And instead of trying to address that problem,

493
00:23:30,440 --> 00:23:34,280
Speaker 2: maybe try to alleviate their fears, California Governor Gavin Knewsom

494
00:23:34,320 --> 00:23:36,720
Speaker 2: decided to be the nasty man that he is. By

495
00:23:36,720 --> 00:23:39,040
Speaker 2: the way, that's his new branding the last couple of years,

496
00:23:39,080 --> 00:23:41,159
Speaker 2: he's just tried to be nasty and Democrats love it.

497
00:23:41,200 --> 00:23:43,280
Speaker 2: By the way, he shot back at bed Bath and

498
00:23:43,320 --> 00:23:45,760
Speaker 2: Beyond reminding folks that bed Bath and Beyond is a

499
00:23:45,800 --> 00:23:48,399
Speaker 2: shrinking company. Yes, they have closed a lot of stores

500
00:23:48,400 --> 00:23:51,480
Speaker 2: in a lot of places. That's all true, But is

501
00:23:51,480 --> 00:23:53,320
Speaker 2: that how you want to respond when a company says

502
00:23:53,320 --> 00:23:55,199
Speaker 2: that crime is really bad in your state and we

503
00:23:55,280 --> 00:23:57,480
Speaker 2: can't open businesses. It's not just bed Bath and Beyond

504
00:23:57,480 --> 00:24:01,520
Speaker 2: that's leaving the state, Gavin, either don't respond publicly, or

505
00:24:01,520 --> 00:24:03,280
Speaker 2: maybe call them up, or maybe call up some of

506
00:24:03,280 --> 00:24:05,359
Speaker 2: the other business leaders in the state and ask what

507
00:24:05,400 --> 00:24:06,919
Speaker 2: you can do to make it better for them and

508
00:24:06,960 --> 00:24:10,879
Speaker 2: their employees. Instead, he went for a nasty post on

509
00:24:11,280 --> 00:24:15,199
Speaker 2: x and on his other media platforms. Just incredible. But

510
00:24:15,240 --> 00:24:17,080
Speaker 2: I gotta tell you, the Democrats love it. They think

511
00:24:17,160 --> 00:24:20,320
Speaker 2: nasty is what America wants. It isn't, but they want

512
00:24:20,320 --> 00:24:33,880
Speaker 2: it all Right, ladies and gentlemen, start your engines. This

513
00:24:33,920 --> 00:24:38,200
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514
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516
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517
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518
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519
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520
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521
00:25:02,560 --> 00:25:05,960
Speaker 2: is teaming up with Amazon to sell used cars on

522
00:25:06,040 --> 00:25:10,200
Speaker 2: the newly expanded Amazon Auto site. Now that was great

523
00:25:10,240 --> 00:25:12,359
Speaker 2: news for Hurts investors. They love that that's a whole

524
00:25:12,359 --> 00:25:14,800
Speaker 2: new marketplace for them to sell their used cars.

525
00:25:15,200 --> 00:25:17,879
Speaker 1: So Hertz shares went up six percent. But here's the

526
00:25:17,920 --> 00:25:18,360
Speaker 1: story that.

527
00:25:18,280 --> 00:25:20,720
Speaker 2: You know I'm going to talk about now, Carvana, which

528
00:25:20,760 --> 00:25:24,000
Speaker 2: is basically the same exact business model as Amazon Autos.

529
00:25:24,000 --> 00:25:27,760
Speaker 2: Amazon Auto is basically copying the Carvana model, and this

530
00:25:27,880 --> 00:25:31,480
Speaker 2: news about an expanded number of cars for sale hurt Carva.

531
00:25:31,560 --> 00:25:34,080
Speaker 2: Carvana shares are down two percent. Now, I did a

532
00:25:34,080 --> 00:25:36,280
Speaker 2: big Maya Colpa on this program a couple of weeks ago,

533
00:25:36,520 --> 00:25:38,639
Speaker 2: because when Amazon Autos announced that it was going to

534
00:25:38,720 --> 00:25:42,680
Speaker 2: sell use cars, I rang the alarm bell about Carvana, saying, hey,

535
00:25:42,960 --> 00:25:45,359
Speaker 2: Amazon's getting into somebody else's business again, and you know

536
00:25:45,400 --> 00:25:47,520
Speaker 2: what happens when they do that, They usually end up

537
00:25:47,640 --> 00:25:50,399
Speaker 2: killing it. And then Carvana shares went up anyway, So

538
00:25:50,440 --> 00:25:52,720
Speaker 2: I apologized when I said, hey, I really thought their

539
00:25:52,720 --> 00:25:54,679
Speaker 2: shares are going to go down. Well, maybe it was

540
00:25:54,760 --> 00:25:57,920
Speaker 2: just a matter of time. Maybe now is when investors

541
00:25:57,920 --> 00:26:01,280
Speaker 2: will realize that Amazon is threatening with this hurt steel

542
00:26:01,480 --> 00:26:02,520
Speaker 2: and some other things like that.

543
00:26:02,760 --> 00:26:04,520
Speaker 1: I don't wish ill on the company at all.

544
00:26:04,760 --> 00:26:07,520
Speaker 2: I like their little ads, but honestly, this would scare

545
00:26:07,560 --> 00:26:09,440
Speaker 2: me if I were in their business. All Right, here's

546
00:26:09,440 --> 00:26:11,000
Speaker 2: another thing I want you to remember that I told

547
00:26:11,000 --> 00:26:13,919
Speaker 2: you about last month. I told you that off roading

548
00:26:14,200 --> 00:26:16,840
Speaker 2: cars that can go off road was the hottest new

549
00:26:16,880 --> 00:26:20,560
Speaker 2: trend in the automotive business, and Ford thinks so too.

550
00:26:21,320 --> 00:26:24,480
Speaker 2: CEO Jim Farley is teasing the upcoming production of a

551
00:26:24,560 --> 00:26:27,600
Speaker 2: super off road vehicle that will combined aspects of the

552
00:26:27,600 --> 00:26:29,919
Speaker 2: Ford Bronco Raptor that you see right there and the

553
00:26:29,960 --> 00:26:32,680
Speaker 2: Ford F one fifty pickup Raptor that you see you'll

554
00:26:32,680 --> 00:26:34,960
Speaker 2: see in just a moment now. Farley says, the vehicle

555
00:26:34,960 --> 00:26:38,600
Speaker 2: that they're thinking of building will also be one thousand horsepower,

556
00:26:39,440 --> 00:26:42,199
Speaker 2: but it will also likely list for three one hundred

557
00:26:42,200 --> 00:26:45,160
Speaker 2: thousand dollars. So you must really really love off roading

558
00:26:45,160 --> 00:26:47,160
Speaker 2: if you're going to buy that vehicle. But again, mark

559
00:26:47,200 --> 00:26:48,880
Speaker 2: my words, is going to be more demand for off

560
00:26:48,960 --> 00:26:52,240
Speaker 2: road vehicles than evs in about five years or so.

561
00:26:52,359 --> 00:26:54,120
Speaker 1: By the way, it might already be there. But that's

562
00:26:54,160 --> 00:26:55,040
Speaker 1: what I'm predicting.

563
00:26:55,480 --> 00:26:57,560
Speaker 2: If you're looking for a bargain, though less than three

564
00:26:57,600 --> 00:27:00,000
Speaker 2: hundred thousand dollars, you and you just have to say,

565
00:27:00,040 --> 00:27:01,040
Speaker 2: say you own a luxury car.

566
00:27:01,119 --> 00:27:03,600
Speaker 1: If you're one of those people, Accura has a deal

567
00:27:03,600 --> 00:27:03,800
Speaker 1: for you.

568
00:27:03,880 --> 00:27:06,840
Speaker 2: Acura parent Honda says the new base model of the

569
00:27:06,880 --> 00:27:10,000
Speaker 2: twenty twenty six Acura Integra will list for thirty four

570
00:27:10,960 --> 00:27:13,960
Speaker 2: and ninety five dollars, making it the least expensive luxury

571
00:27:14,000 --> 00:27:16,520
Speaker 2: make that you can buy in the US. And for

572
00:27:16,600 --> 00:27:19,200
Speaker 2: that you get the Accura name and a new nine

573
00:27:19,200 --> 00:27:21,879
Speaker 2: inch touch screen to replace the old seven inch model.

574
00:27:22,040 --> 00:27:25,400
Speaker 2: Hey that's progress. Look, it's you know, they make good cars.

575
00:27:25,400 --> 00:27:26,080
Speaker 2: It's all I can say.

576
00:27:26,119 --> 00:27:28,040
Speaker 1: But if you need to have a luxury car, there

577
00:27:28,040 --> 00:27:29,879
Speaker 1: you go. That's the cheapest you're going to get.

578
00:27:30,119 --> 00:27:33,840
Speaker 2: And now for something completely different, getting back to Ford,

579
00:27:33,880 --> 00:27:37,679
Speaker 2: Ford's new transit supervan four point two took on that

580
00:27:37,760 --> 00:27:40,240
Speaker 2: punishing German racing ring I've been telling you about. It's

581
00:27:40,240 --> 00:27:44,320
Speaker 2: called the Nurburgring, and it turns out the van, not kidding,

582
00:27:44,440 --> 00:27:47,000
Speaker 2: the van put in a better time than the Corvette

583
00:27:47,040 --> 00:27:49,880
Speaker 2: ZR one x. The time was six minutes and forty

584
00:27:49,880 --> 00:27:52,399
Speaker 2: eight seconds to complete the ring. The next time that

585
00:27:52,440 --> 00:27:55,400
Speaker 2: cargo van is stuck in Manhattan traffic going one mile

586
00:27:55,760 --> 00:27:57,760
Speaker 2: in about three hours, I'm sure the driver will be

587
00:27:57,760 --> 00:28:00,439
Speaker 2: happy to know how fast it could be if it

588
00:28:00,440 --> 00:28:02,760
Speaker 2: weren't Manhattan. I mean, honestly, this is kind of cool,

589
00:28:02,920 --> 00:28:04,280
Speaker 2: but I'm wondering what the use of this will be.

590
00:28:04,320 --> 00:28:06,240
Speaker 2: But maybe it's to try to sell it to Amazon

591
00:28:06,280 --> 00:28:07,560
Speaker 2: to get people's packages faster.

592
00:28:07,640 --> 00:28:08,240
Speaker 1: I'm not really sure.

593
00:28:08,240 --> 00:28:10,960
Speaker 2: All right, coming up, it looks like the mortgage fraud

594
00:28:11,000 --> 00:28:14,280
Speaker 2: evidence against New York Attorney General Letitia James is so

595
00:28:14,320 --> 00:28:18,199
Speaker 2: strong that Justice Apartment Prosecutor Edit Martin is giving her

596
00:28:18,240 --> 00:28:22,000
Speaker 2: a special option. I will explain, and just how bad

597
00:28:22,080 --> 00:28:24,400
Speaker 2: is all the evidence that some of the nation's top

598
00:28:24,440 --> 00:28:27,440
Speaker 2: banks really did kick customers out just because of their

599
00:28:27,520 --> 00:28:28,920
Speaker 2: right wing political leanings.

600
00:28:29,320 --> 00:28:31,400
Speaker 1: The latest de banking scandal news.

601
00:28:31,400 --> 00:28:44,160
Speaker 2: When American Sunrise Early edition returns, It's Thursday, August twenty

602
00:28:44,160 --> 00:28:47,720
Speaker 2: First here this morning's top stories. Still trying, Secretary of

603
00:28:47,720 --> 00:28:49,920
Speaker 2: Saint Marco Rubio has been hard at work trying to

604
00:28:49,920 --> 00:28:53,280
Speaker 2: set a meeting between Vladimir Putin and Vladimir Zelensky He's

605
00:28:53,320 --> 00:28:56,000
Speaker 2: also trying to set up the security guarantees for Ukraine

606
00:28:56,000 --> 00:28:58,480
Speaker 2: if it signs a peace deal. If anyone can do it,

607
00:28:58,520 --> 00:29:00,800
Speaker 2: he can. But boy, these two guys, they're not going

608
00:29:00,880 --> 00:29:01,440
Speaker 2: to cooperate.

609
00:29:01,480 --> 00:29:05,360
Speaker 1: You just know it. Dear it, Letitia, please quit.

610
00:29:06,160 --> 00:29:08,840
Speaker 2: That's what Justice Department Prosecutor Ed Martin has written in

611
00:29:08,880 --> 00:29:11,400
Speaker 2: a letter to New York State Attorney General Letitia James.

612
00:29:11,720 --> 00:29:14,040
Speaker 2: As it appears he has the goods on our alleged

613
00:29:14,080 --> 00:29:16,040
Speaker 2: mortgage fraud and other crimes.

614
00:29:17,840 --> 00:29:18,880
Speaker 1: Have they no shame?

615
00:29:19,320 --> 00:29:23,200
Speaker 2: The Washington Post publishes a story with unnamed sources claiming

616
00:29:23,680 --> 00:29:26,920
Speaker 2: Defense Secretary Pete Hegg says security detail is very expensive

617
00:29:27,160 --> 00:29:30,400
Speaker 2: and extensive. Of course, no Defense secretary has been threatened

618
00:29:30,400 --> 00:29:32,800
Speaker 2: more than heg seth. It's almost like the Post won

619
00:29:32,920 --> 00:29:34,240
Speaker 2: something bad to happen to him.

620
00:29:34,280 --> 00:29:36,200
Speaker 1: Hmm.

621
00:29:36,240 --> 00:29:39,280
Speaker 2: And now the New Jersey coastline is under a tropical

622
00:29:39,320 --> 00:29:42,520
Speaker 2: storm warning, even as the worst of Hurricane Aaron heads

623
00:29:42,520 --> 00:29:45,360
Speaker 2: further east out over the Atlantic. Welcome to the beginning

624
00:29:45,400 --> 00:29:49,760
Speaker 2: of hurricane season. The American sun Rise Early Edition continues now.

625
00:29:55,240 --> 00:29:55,720
Speaker 1: Well again.

626
00:29:55,800 --> 00:29:58,600
Speaker 2: Welcome back to American Sunriser leadition is a Thursday special.

627
00:29:58,600 --> 00:30:00,320
Speaker 1: Welcome to those of you on the.

628
00:30:00,240 --> 00:30:03,480
Speaker 2: Getter and the rumble chats who are up watching, commenting,

629
00:30:03,720 --> 00:30:05,600
Speaker 2: giving me critiques. Some of you guys giving me a

630
00:30:05,600 --> 00:30:07,600
Speaker 2: shot in the arm. Hey, I can take either one.

631
00:30:07,640 --> 00:30:09,400
Speaker 2: Thank you so much for that. Joining us right now

632
00:30:09,760 --> 00:30:13,120
Speaker 2: is the co founder of the American Conservative Values Investment Fund,

633
00:30:13,240 --> 00:30:15,640
Speaker 2: also known as an ETF. His name is Tom Carter,

634
00:30:15,960 --> 00:30:18,360
Speaker 2: and Tom, because you're a financial guy, I I got

635
00:30:18,360 --> 00:30:20,120
Speaker 2: a lot of fastballs to throw at you today, no

636
00:30:20,240 --> 00:30:22,320
Speaker 2: curve balls. But the first one has to be about

637
00:30:22,400 --> 00:30:25,360
Speaker 2: Latitia James and this mortgage fraud thing. I think the

638
00:30:25,400 --> 00:30:27,280
Speaker 2: fact that Ed Martin has written her a letter and

639
00:30:27,320 --> 00:30:31,000
Speaker 2: allowed that to go public telling her to resign, that

640
00:30:31,080 --> 00:30:33,520
Speaker 2: tells me. And this is something that I think you

641
00:30:34,080 --> 00:30:35,880
Speaker 2: agree with. That tells me that he's probably got the

642
00:30:35,880 --> 00:30:39,080
Speaker 2: goods on her. This kind of mortgage fraud for politicians

643
00:30:39,160 --> 00:30:40,080
Speaker 2: is very common.

644
00:30:40,400 --> 00:30:43,560
Speaker 1: I'm not excusing it. What I'm actually doing as the opposite.

645
00:30:43,600 --> 00:30:45,080
Speaker 2: I'm saying this is actually something that should have been

646
00:30:45,120 --> 00:30:46,760
Speaker 2: cracked down on a long time ago.

647
00:30:47,800 --> 00:30:49,960
Speaker 1: Hey, mortgage fraud like this is actually no laughing matter.

648
00:30:50,000 --> 00:30:52,400
Speaker 2: It's it's definitely money out of the pockets of some

649
00:30:52,440 --> 00:30:54,600
Speaker 2: of the municipalities who end up giving these people double

650
00:30:54,600 --> 00:30:56,640
Speaker 2: tax breaks, isn't it?

651
00:30:56,400 --> 00:30:57,000
Speaker 8: It is?

652
00:30:57,080 --> 00:31:00,320
Speaker 7: And you know, the irony, excuse me, the irony is

653
00:31:00,320 --> 00:31:02,720
Speaker 7: is that it's a very similar crime that she went

654
00:31:02,760 --> 00:31:06,240
Speaker 7: after President Trump for and and here she is committing

655
00:31:06,280 --> 00:31:09,240
Speaker 7: those those serious crimes as well. And you know, I

656
00:31:09,280 --> 00:31:11,600
Speaker 7: was at a conference a couple of weeks ago where

657
00:31:11,600 --> 00:31:16,560
Speaker 7: they outlined some of what she did on her mortgage applications,

658
00:31:16,840 --> 00:31:20,360
Speaker 7: and it's pretty serious stuff. You know, she was misrepresenting

659
00:31:20,400 --> 00:31:22,880
Speaker 7: the number of units in buildings that was getting her

660
00:31:22,880 --> 00:31:27,720
Speaker 7: lower interest rates, that was also getting her government government

661
00:31:27,800 --> 00:31:30,320
Speaker 7: loans that were much less expensive than kind of what

662
00:31:30,360 --> 00:31:34,120
Speaker 7: she would find in a normal retail aspect. And then

663
00:31:34,160 --> 00:31:36,400
Speaker 7: you use a crypt you know, you use a weaponized

664
00:31:36,520 --> 00:31:39,760
Speaker 7: justice system to go after President Trump, and you say

665
00:31:39,800 --> 00:31:43,080
Speaker 7: Marl Logo's worth eighteen million dollars when everyone knows it's

666
00:31:43,120 --> 00:31:44,360
Speaker 7: worth multiple times that.

667
00:31:44,800 --> 00:31:46,160
Speaker 8: So I just find the.

668
00:31:46,080 --> 00:31:49,800
Speaker 7: Irony interesting, and I agree with mister Martin that Miss

669
00:31:49,880 --> 00:31:53,680
Speaker 7: James should resign. And if you're running, you know, if

670
00:31:53,720 --> 00:31:56,680
Speaker 7: you're the if you're the main law enforcement officer in

671
00:31:56,760 --> 00:31:59,280
Speaker 7: state of New York and you're committing crimes and mortgages,

672
00:31:59,480 --> 00:32:01,760
Speaker 7: you should step down and you should just meet a

673
00:32:01,840 --> 00:32:02,960
Speaker 7: culpa in my.

674
00:32:02,960 --> 00:32:06,400
Speaker 2: Opinion, Yeah, and it's petty, grubby stuff like you're just

675
00:32:06,440 --> 00:32:09,320
Speaker 2: you're ripping me people off, you're ripping the taxpayers off

676
00:32:09,520 --> 00:32:11,480
Speaker 2: for what I mean, for something that you don't really

677
00:32:11,880 --> 00:32:14,040
Speaker 2: I'm sure she'll be fine without whatever break she got

678
00:32:14,040 --> 00:32:14,320
Speaker 2: from it.

679
00:32:14,360 --> 00:32:16,160
Speaker 1: Now, I told you this was why spread.

680
00:32:16,200 --> 00:32:20,240
Speaker 2: Tom. So, speaking of mortgage fraud, it's not exactly a

681
00:32:20,240 --> 00:32:22,680
Speaker 2: new epidemic, but it's certainly an epidemic because now we

682
00:32:22,760 --> 00:32:26,640
Speaker 2: have FHFA Chief Bill Poulte saying he has the goods

683
00:32:27,000 --> 00:32:29,000
Speaker 2: on a FED governor, one of the people who decides

684
00:32:29,040 --> 00:32:31,320
Speaker 2: on interest rates. Her name is Lisa Cook. He's saying

685
00:32:31,320 --> 00:32:33,360
Speaker 2: that she should step down. She's pushing back say no,

686
00:32:33,440 --> 00:32:36,520
Speaker 2: I shouldn't. But also for a similar type of mortgage

687
00:32:36,520 --> 00:32:38,960
Speaker 2: fraud situation. Now this, Tom, I got to get your

688
00:32:39,000 --> 00:32:41,560
Speaker 2: comment on because here is someone who really should know better.

689
00:32:41,680 --> 00:32:44,560
Speaker 2: I'm not excusing the Titia James, but Lisa Cook is

690
00:32:44,960 --> 00:32:47,920
Speaker 2: a financial exper she knew exactly what was going on here.

691
00:32:48,120 --> 00:32:49,920
Speaker 2: This in many ways is even more egregious.

692
00:32:50,720 --> 00:32:53,960
Speaker 7: Well, certainly again taking advantage of the system and probably

693
00:32:54,000 --> 00:32:56,640
Speaker 7: coming from someone who knows the system very well. And

694
00:32:57,080 --> 00:32:59,240
Speaker 7: miss Cook, it sounds like did take advantage of the

695
00:32:59,280 --> 00:33:04,040
Speaker 7: system again, lying on mortgage applications, doing things that got

696
00:33:04,040 --> 00:33:09,040
Speaker 7: her lower interest rates, possibly even you know, taking again

697
00:33:09,400 --> 00:33:14,280
Speaker 7: government interest rates that you said these municipalities are subsidizing

698
00:33:14,680 --> 00:33:18,040
Speaker 7: and taking actually away from taxpayers if to be proven.

699
00:33:19,000 --> 00:33:22,400
Speaker 7: So again agreed on this, she should resign, she should

700
00:33:22,440 --> 00:33:24,800
Speaker 7: step down. And if you're going to be on the

701
00:33:24,840 --> 00:33:26,360
Speaker 7: Fed Council, if you're going to be a governor on

702
00:33:26,360 --> 00:33:29,240
Speaker 7: the Fed Council, please don't commit mortgage fraud.

703
00:33:29,920 --> 00:33:31,200
Speaker 8: That is what we're going against.

704
00:33:31,200 --> 00:33:34,080
Speaker 7: What you should be focusing on is lowering interest rates

705
00:33:34,080 --> 00:33:38,719
Speaker 7: and getting behind Trump's President Trump's government policies to expand

706
00:33:38,720 --> 00:33:42,480
Speaker 7: the economy as opposed to committing mortgage fraud. And obviously

707
00:33:42,520 --> 00:33:47,680
Speaker 7: that's an easy answer, but I mean, you're forcing us

708
00:33:47,680 --> 00:33:50,280
Speaker 7: to come up with these easy answers because you're doing

709
00:33:50,440 --> 00:33:51,760
Speaker 7: things that aren't very smart.

710
00:33:52,480 --> 00:33:53,480
Speaker 8: So I agree with you.

711
00:33:54,440 --> 00:33:56,640
Speaker 1: Yeah, And like I said, remember it's very widespread.

712
00:33:56,640 --> 00:34:00,200
Speaker 2: Anyone watching this program now and thinking over only we're

713
00:34:00,240 --> 00:34:03,160
Speaker 2: only ganging up on women or black women who are like,

714
00:34:03,200 --> 00:34:05,560
Speaker 2: don't forget Adam shiff is also being probe for this,

715
00:34:05,640 --> 00:34:08,920
Speaker 2: and he's in big trouble over this. I honestly I'm

716
00:34:08,960 --> 00:34:11,320
Speaker 2: sure that there are a lot of Republicans swamp creatures

717
00:34:11,360 --> 00:34:13,400
Speaker 2: in DC who have been doing this too. This is

718
00:34:13,520 --> 00:34:15,839
Speaker 2: very widespread. And if you do it, and you'd call

719
00:34:15,880 --> 00:34:17,600
Speaker 2: yourself a public servant, which is one of my big

720
00:34:17,640 --> 00:34:20,120
Speaker 2: pet peeves, these people who get rich while they're working

721
00:34:20,160 --> 00:34:24,640
Speaker 2: in the public service. It's very really, really, a very

722
00:34:24,719 --> 00:34:26,760
Speaker 2: very angering and it's probably one of the reasons why

723
00:34:26,920 --> 00:34:29,239
Speaker 2: they were afraid of President Trump getting reelected, because he's

724
00:34:29,239 --> 00:34:30,840
Speaker 2: gonna look at stuff like this. All right, now to

725
00:34:30,880 --> 00:34:34,600
Speaker 2: another scandal with some other types of victims. We're getting

726
00:34:34,600 --> 00:34:37,840
Speaker 2: more and more details now about the extent of the

727
00:34:38,080 --> 00:34:39,719
Speaker 2: what I call the you know, not just me, the

728
00:34:39,800 --> 00:34:43,520
Speaker 2: d banking scandal. Big banks in America who just suddenly

729
00:34:43,560 --> 00:34:46,120
Speaker 2: told some of their customers, we don't want your business

730
00:34:46,120 --> 00:34:49,360
Speaker 2: anymore because you're a conservative, because you're aligned with certain

731
00:34:49,440 --> 00:34:51,719
Speaker 2: right wing causes, not because they've got goods on you

732
00:34:51,760 --> 00:34:53,400
Speaker 2: that committed some kind of a crime. That would be

733
00:34:53,400 --> 00:34:55,719
Speaker 2: one thing, But they really did try to get rid

734
00:34:55,760 --> 00:34:57,320
Speaker 2: of some of these people, and we know President Trump

735
00:34:57,320 --> 00:34:59,400
Speaker 2: in some ways was a victim of it as well.

736
00:34:59,480 --> 00:35:02,600
Speaker 1: What a some of the takeaways you take from this time.

737
00:35:03,160 --> 00:35:06,000
Speaker 7: Well, none of this surprises us. When we started the

738
00:35:06,000 --> 00:35:09,960
Speaker 7: fund going on four years now, there were a number

739
00:35:09,960 --> 00:35:12,239
Speaker 7: of banks that we knew were d banking conservatives and

740
00:35:12,560 --> 00:35:16,840
Speaker 7: whether that was gun companies, whether that was Christian activist companies,

741
00:35:17,600 --> 00:35:19,800
Speaker 7: things like that, we knew they were being d banked.

742
00:35:19,920 --> 00:35:22,560
Speaker 7: And so there were several banks that we boycotted when

743
00:35:22,600 --> 00:35:26,000
Speaker 7: we started the fund, including you know, Bank of America,

744
00:35:26,360 --> 00:35:29,799
Speaker 7: including JP Morgan, So they were on our boycott list

745
00:35:29,800 --> 00:35:33,359
Speaker 7: because we knew they were debanking. Most recently, what we

746
00:35:33,400 --> 00:35:38,160
Speaker 7: have done is we have actually put some shareholder proposals

747
00:35:38,520 --> 00:35:42,400
Speaker 7: on bank's proxies that asked them to commit to not

748
00:35:42,560 --> 00:35:45,880
Speaker 7: de banking conservatives, and we think that might be a

749
00:35:45,960 --> 00:35:48,960
Speaker 7: road to go go down for conservatives as well. We

750
00:35:49,040 --> 00:35:51,839
Speaker 7: just put one in about three months ago on US

751
00:35:51,920 --> 00:35:55,080
Speaker 7: Bank asking them to commit not to d bank conservatives,

752
00:35:55,120 --> 00:36:00,160
Speaker 7: whether you know, again that be Christian organizations, that that

753
00:36:00,320 --> 00:36:04,399
Speaker 7: be gun or ammunition organizations. You know, any kind of

754
00:36:04,560 --> 00:36:08,319
Speaker 7: any kind of conservative organization has a chance to be debanked,

755
00:36:08,400 --> 00:36:10,760
Speaker 7: and so we're asking them to commit not to debank

756
00:36:10,800 --> 00:36:11,360
Speaker 7: those folks.

757
00:36:11,960 --> 00:36:13,160
Speaker 8: And I agree with you.

758
00:36:13,160 --> 00:36:15,520
Speaker 7: You know, one of the reasons that Trump family is

759
00:36:16,560 --> 00:36:19,560
Speaker 7: so into crypto and I've heard them say this themselves

760
00:36:19,920 --> 00:36:22,640
Speaker 7: is because they were debanked by so many banks, and

761
00:36:22,719 --> 00:36:26,080
Speaker 7: obviously they run huge businesses and banking is very important

762
00:36:26,120 --> 00:36:29,479
Speaker 7: to them, So this is a real thing. I wish

763
00:36:29,480 --> 00:36:32,200
Speaker 7: those unnamed sources would be named sources. I'd like to

764
00:36:32,360 --> 00:36:35,200
Speaker 7: hear actually who is saying that they were pushed to

765
00:36:35,280 --> 00:36:37,839
Speaker 7: D bank people. But we knew it was going on

766
00:36:37,920 --> 00:36:40,759
Speaker 7: for a long time, and we took action to either

767
00:36:40,800 --> 00:36:43,600
Speaker 7: boycott the companies who were doing this and or put

768
00:36:43,640 --> 00:36:46,880
Speaker 7: shareholder proposals into their proxy statements to ask them to

769
00:36:46,880 --> 00:36:48,040
Speaker 7: commit not to D bank.

770
00:36:48,360 --> 00:36:50,480
Speaker 8: We think it's a serious issue.

771
00:36:50,360 --> 00:36:55,120
Speaker 7: And we're hoping that with Trump in and his executive order, uh,

772
00:36:55,160 --> 00:36:57,080
Speaker 7: this actually changes. So I think I think it's a

773
00:36:57,120 --> 00:36:59,320
Speaker 7: big issue, and we've been on it for a while.

774
00:37:00,239 --> 00:37:03,440
Speaker 1: Yeah, I mean, this can't help their bottom lines.

775
00:37:03,520 --> 00:37:05,879
Speaker 2: I mean, not only just because of the aggregate number

776
00:37:05,880 --> 00:37:08,960
Speaker 2: of customers that they are now reducing coming into their bank,

777
00:37:09,360 --> 00:37:11,239
Speaker 2: but obviously there's some people who are going to get

778
00:37:11,239 --> 00:37:11,880
Speaker 2: turned off, as I do.

779
00:37:11,960 --> 00:37:13,479
Speaker 1: They think that maybe there's going to be some.

780
00:37:13,400 --> 00:37:16,640
Speaker 2: Other big liberal leaning funds or investors who will now

781
00:37:16,719 --> 00:37:19,000
Speaker 2: rush to their bank just because they kicked out some

782
00:37:19,440 --> 00:37:22,440
Speaker 2: small time again relatively small and not President Trump, but

783
00:37:22,480 --> 00:37:24,680
Speaker 2: there's some small time investors that got kicked out also,

784
00:37:24,800 --> 00:37:27,799
Speaker 2: which couldn't possibly have done much. Do you think they

785
00:37:27,800 --> 00:37:29,560
Speaker 2: were trying to do that or was this just so

786
00:37:29,600 --> 00:37:31,880
Speaker 2: they could go to a cocktail party and say, you know,

787
00:37:32,160 --> 00:37:34,799
Speaker 2: I kicked out that gun company today and maybe get

788
00:37:34,800 --> 00:37:37,319
Speaker 2: another free drink or a pat on the back. Yeah.

789
00:37:37,400 --> 00:37:38,400
Speaker 8: Yeah, it's a good question.

790
00:37:38,520 --> 00:37:41,879
Speaker 7: I think the woke mindset set in to a number

791
00:37:41,880 --> 00:37:44,319
Speaker 7: of these executives at these banks to your point, where

792
00:37:44,320 --> 00:37:46,279
Speaker 7: they could talk to their liberal friends about what they

793
00:37:46,280 --> 00:37:48,120
Speaker 7: were doing with their banking.

794
00:37:48,600 --> 00:37:49,680
Speaker 8: I think there might have been some.

795
00:37:49,719 --> 00:37:53,840
Speaker 7: Regulators that were pushing banks to be bank probably larger

796
00:37:53,840 --> 00:37:58,960
Speaker 7: conservative organizations. But whatever the reason is, your political affiliation,

797
00:37:59,520 --> 00:38:03,280
Speaker 7: your religious values, things like that should not be reasons

798
00:38:03,320 --> 00:38:05,560
Speaker 7: that you are not able to get a bank account

799
00:38:05,800 --> 00:38:07,480
Speaker 7: or not be able to push things through a bank.

800
00:38:07,560 --> 00:38:10,520
Speaker 7: So whatever the reasons were, they were wrong and the

801
00:38:10,560 --> 00:38:13,200
Speaker 7: executive order were in favor of and we hope that

802
00:38:13,280 --> 00:38:17,760
Speaker 7: banks commit to not de banking conservatives in these channels.

803
00:38:18,640 --> 00:38:19,600
Speaker 1: Yeah, and that's the part.

804
00:38:19,600 --> 00:38:21,319
Speaker 2: You know, you mentioned the thing about the regulators. We

805
00:38:21,360 --> 00:38:24,200
Speaker 2: know that under the Obama administration, Lois Learner running the

806
00:38:24,239 --> 00:38:28,439
Speaker 2: IRS absolutely singling out and going after conservative groups taking

807
00:38:28,480 --> 00:38:31,080
Speaker 2: away their tax free status. This would not surprise me

808
00:38:31,120 --> 00:38:34,200
Speaker 2: to people over in some of the banking regulation offices

809
00:38:34,320 --> 00:38:37,360
Speaker 2: were doing something similar that would not surprise me. And

810
00:38:37,400 --> 00:38:39,040
Speaker 2: we need to get we need to get more information

811
00:38:39,080 --> 00:38:40,680
Speaker 2: about all this, all that needs to come out.

812
00:38:41,360 --> 00:38:41,600
Speaker 1: Listen.

813
00:38:41,600 --> 00:38:42,839
Speaker 2: While I have you here, I got to get your

814
00:38:42,840 --> 00:38:45,400
Speaker 2: take on the economy. We've seen you know again, the

815
00:38:45,440 --> 00:38:47,759
Speaker 2: last GDP report was that we had robust growth at

816
00:38:47,760 --> 00:38:51,920
Speaker 2: three percent. I understand some of the fears about going forward,

817
00:38:52,040 --> 00:38:55,320
Speaker 2: especially with these high interest rates and some nagging inflation.

818
00:38:55,440 --> 00:38:57,839
Speaker 2: It's not completely gone, although it's definitely better than it

819
00:38:57,920 --> 00:38:59,360
Speaker 2: was under Joe Biden.

820
00:39:00,160 --> 00:39:01,319
Speaker 1: How do you feel like things are going?

821
00:39:01,360 --> 00:39:03,320
Speaker 2: We just got Walmart's earnings, which I considered to be

822
00:39:03,360 --> 00:39:05,840
Speaker 2: a very important economic indicator, and they did say despite

823
00:39:05,840 --> 00:39:08,280
Speaker 2: some of their internal issues, they did say their sales

824
00:39:08,280 --> 00:39:11,240
Speaker 2: are up from last year, and they raised their guidance

825
00:39:11,320 --> 00:39:15,000
Speaker 2: on sales. So I mean, is that I think that's

826
00:39:15,000 --> 00:39:15,880
Speaker 2: a good sign.

827
00:39:16,520 --> 00:39:18,719
Speaker 8: That I agree with you. I think that's certainly a

828
00:39:18,760 --> 00:39:19,840
Speaker 8: good sign that Walmart.

829
00:39:20,520 --> 00:39:25,239
Speaker 7: You know, obviously they are a consumer goods store and

830
00:39:25,360 --> 00:39:27,840
Speaker 7: and their sales being up show that the middle class

831
00:39:27,920 --> 00:39:30,279
Speaker 7: might be might be buying things more than we think

832
00:39:30,320 --> 00:39:30,640
Speaker 7: they are.

833
00:39:31,000 --> 00:39:32,319
Speaker 8: But I do agree with you.

834
00:39:32,800 --> 00:39:35,480
Speaker 7: We sat all along that Trump's policies are going to

835
00:39:35,520 --> 00:39:39,040
Speaker 7: take a while to take. To take advantage of it.

836
00:39:39,160 --> 00:39:43,960
Speaker 7: To grow this economy, you know, certainly decreasing regulation, certainly

837
00:39:44,040 --> 00:39:48,520
Speaker 7: increasing energy production, the Big Beautiful Bill had to happen. Now,

838
00:39:48,520 --> 00:39:50,600
Speaker 7: we're a little concerned about the amount of debt that's

839
00:39:50,600 --> 00:39:52,359
Speaker 7: in the Big Beautiful Bill, but we think we can

840
00:39:52,400 --> 00:39:55,400
Speaker 7: grow out of that and and get to a number.

841
00:39:55,640 --> 00:39:58,239
Speaker 7: But I agree with you in that, you know, the

842
00:39:58,280 --> 00:40:02,600
Speaker 7: next shoe that needs to drop is the FED reducing

843
00:40:02,680 --> 00:40:06,800
Speaker 7: interest rates because we think that can really fuel the economy.

844
00:40:06,440 --> 00:40:09,600
Speaker 8: To keep going. So hopefully that that happens. But we're

845
00:40:09,640 --> 00:40:10,840
Speaker 8: not worried about the economy.

846
00:40:11,360 --> 00:40:14,319
Speaker 7: Again, we knew that some of the Trump policies would

847
00:40:14,320 --> 00:40:18,040
Speaker 7: take some time, and we're starting to see to your point,

848
00:40:18,080 --> 00:40:21,799
Speaker 7: inflation being still there but coming way down from when

849
00:40:21,800 --> 00:40:24,120
Speaker 7: we were just printing money into the Biding administration.

850
00:40:24,920 --> 00:40:26,719
Speaker 8: We do think the economy is going to grow out

851
00:40:26,719 --> 00:40:26,960
Speaker 8: of this.

852
00:40:27,360 --> 00:40:31,399
Speaker 7: And we're pro American economy, We're pro Trump policies, we're

853
00:40:31,400 --> 00:40:34,680
Speaker 7: pro the Big Beautiful Bill. So you know, we're excited

854
00:40:34,760 --> 00:40:38,200
Speaker 7: about what the Trump administration is doing for the economy.

855
00:40:38,960 --> 00:40:40,359
Speaker 2: Yeah, you know, one of the things you talked about

856
00:40:40,360 --> 00:40:42,200
Speaker 2: the deficits. One of the things that really caught my

857
00:40:42,280 --> 00:40:44,239
Speaker 2: eye the other day was standard and Poor.

858
00:40:44,320 --> 00:40:46,080
Speaker 1: Is the credit rating agency.

859
00:40:45,920 --> 00:40:49,200
Speaker 2: Saying they are not going to lower America's credit rating

860
00:40:49,239 --> 00:40:52,640
Speaker 2: because of the revenues that are coming in from the tariffs,

861
00:40:52,680 --> 00:40:55,640
Speaker 2: absolutely cutting down on the amount of the deficit they're

862
00:40:55,640 --> 00:40:59,520
Speaker 2: projecting from the big beautiful bill. That really that you know,

863
00:40:59,560 --> 00:41:01,600
Speaker 2: that got. I think that's really interesting for them to

864
00:41:01,640 --> 00:41:02,880
Speaker 2: come out. They don't have to, They didn't have to

865
00:41:02,880 --> 00:41:04,480
Speaker 2: say that. They could have kept it quiet. The fact

866
00:41:04,480 --> 00:41:06,480
Speaker 2: that they're saying it must mean that they're a lot

867
00:41:06,600 --> 00:41:08,799
Speaker 2: less worried, good agree more.

868
00:41:08,880 --> 00:41:10,520
Speaker 7: We were just talking about that in one of our

869
00:41:10,560 --> 00:41:13,279
Speaker 7: investment meetings the other day, that SMP had come out

870
00:41:13,320 --> 00:41:16,360
Speaker 7: and said, look, we're not going to downgrade. We're not

871
00:41:16,400 --> 00:41:19,360
Speaker 7: going to downgrade the US debt like they did. I

872
00:41:19,400 --> 00:41:21,480
Speaker 7: don't know what was it fourteen years ago or so.

873
00:41:22,200 --> 00:41:23,799
Speaker 7: We didn't really love when they did it then, but

874
00:41:23,840 --> 00:41:26,279
Speaker 7: I suppose they had to do it to react to

875
00:41:26,280 --> 00:41:29,280
Speaker 7: what was happening in the economy. But we were happy

876
00:41:29,280 --> 00:41:30,960
Speaker 7: with them to come out and say, you know, they

877
00:41:31,000 --> 00:41:33,440
Speaker 7: weren't going to downgrade. We would love to see them

878
00:41:33,440 --> 00:41:34,800
Speaker 7: come out at some point and say we're going to

879
00:41:34,920 --> 00:41:37,840
Speaker 7: upgrade this because we think this is a robust economy

880
00:41:38,080 --> 00:41:41,080
Speaker 7: and the policies that are being enacted are going to

881
00:41:41,080 --> 00:41:45,440
Speaker 7: be supportive of the US. Again, that being said, I

882
00:41:45,480 --> 00:41:47,600
Speaker 7: think that I think that debt needs to come down

883
00:41:47,640 --> 00:41:49,520
Speaker 7: a little bit for that to happen, and I'd like

884
00:41:49,600 --> 00:41:53,000
Speaker 7: to see some growth. Love the GDP numbers, but some

885
00:41:53,040 --> 00:41:56,359
Speaker 7: growth out of the current deficit, I think would be

886
00:41:56,440 --> 00:41:58,760
Speaker 7: what would be a great place to start.

887
00:42:00,040 --> 00:42:03,120
Speaker 1: So I remember when SMP did that twenty eleven Friday night,

888
00:42:03,239 --> 00:42:06,000
Speaker 1: they came out with the announcement. We all had a

889
00:42:06,040 --> 00:42:06,839
Speaker 1: rush back to work.

890
00:42:07,120 --> 00:42:09,160
Speaker 2: Tom Cotter, thank you so much for rushing and coming

891
00:42:09,160 --> 00:42:11,640
Speaker 2: in with us today. We'll talk to you again soon.

892
00:42:11,920 --> 00:42:14,279
Speaker 8: Thanks for having me appreciate it all.

893
00:42:14,360 --> 00:42:17,000
Speaker 2: Right, coming up, why do some members of the news

894
00:42:17,040 --> 00:42:20,319
Speaker 2: media never learn their lesson just for their own reputations.

895
00:42:20,440 --> 00:42:23,000
Speaker 2: They got another chance to be smarter yesterday when this

896
00:42:23,120 --> 00:42:25,880
Speaker 2: video of an arrest in Washington, d C took place,

897
00:42:26,120 --> 00:42:28,239
Speaker 2: and you know how that turned out. Tee Bates and

898
00:42:28,280 --> 00:42:30,600
Speaker 2: I will discuss when American Sunrise early edition.

899
00:42:30,640 --> 00:42:31,640
Speaker 1: Comes right back.

900
00:42:44,600 --> 00:42:46,640
Speaker 2: There you see a live shot of New York City.

901
00:42:46,640 --> 00:42:47,799
Speaker 2: The Brooklyn Bridge is right in.

902
00:42:47,719 --> 00:42:49,279
Speaker 1: The middle of those two buildings. By the way, for

903
00:42:49,320 --> 00:42:49,960
Speaker 1: those of you want.

904
00:42:49,800 --> 00:42:51,719
Speaker 2: To know your East River bridges in New York, just

905
00:42:51,760 --> 00:42:56,239
Speaker 2: remember BMW going from south to north, Brooklyn Bridge, Manhattan Bridge,

906
00:42:56,239 --> 00:42:59,280
Speaker 2: Williamsburg Bridge at Brooklyn Bridge right there, built in eighteen

907
00:42:59,320 --> 00:43:02,439
Speaker 2: eighty three, and other suggestion. The Great Bridge by David

908
00:43:02,480 --> 00:43:04,000
Speaker 2: mcculloughy a fantastic book.

909
00:43:03,760 --> 00:43:07,160
Speaker 1: About the building of that bridge. All the amazing stories there.

910
00:43:07,200 --> 00:43:10,120
Speaker 2: All of David mcaullough's books read like you read a

911
00:43:10,200 --> 00:43:11,360
Speaker 2: fast they're fantastic.

912
00:43:11,880 --> 00:43:13,560
Speaker 1: Hey, I'm gonna show you some video right now.

913
00:43:13,600 --> 00:43:16,560
Speaker 2: The video you're about to see and the reaction to

914
00:43:16,680 --> 00:43:19,080
Speaker 2: it has a lot to teach everyone.

915
00:43:19,560 --> 00:43:20,359
Speaker 1: Again. Here you go.

916
00:43:20,440 --> 00:43:23,560
Speaker 2: This is a video Washington, DC, yesterday. Man getting taken

917
00:43:23,560 --> 00:43:26,919
Speaker 2: out of his car. They're starting to arrest him again.

918
00:43:26,920 --> 00:43:28,719
Speaker 2: This is all part of a crackdown not only on

919
00:43:28,760 --> 00:43:32,000
Speaker 2: crime but illegal immigrants. And it turns out and it

920
00:43:32,000 --> 00:43:33,840
Speaker 2: gets a little rough there as he tries to bolt.

921
00:43:34,400 --> 00:43:36,399
Speaker 2: And a lot of people saw this video and they said,

922
00:43:36,440 --> 00:43:39,760
Speaker 2: oh a journalist, people should know better. Its talking about

923
00:43:39,760 --> 00:43:41,080
Speaker 2: Oh my god, How could they do this? This is

924
00:43:41,080 --> 00:43:43,120
Speaker 2: only going to make people not want to come to Washington, c.

925
00:43:43,520 --> 00:43:45,239
Speaker 2: And if they had just waited Terrence.

926
00:43:45,000 --> 00:43:47,120
Speaker 1: Space as he comes in and joins us now, they.

927
00:43:47,080 --> 00:43:49,200
Speaker 2: Would have found out that there was a charge against

928
00:43:49,280 --> 00:43:52,680
Speaker 2: him from a year ago, an actual indictment for child

929
00:43:52,800 --> 00:43:56,359
Speaker 2: sexual abuse. But these big time journalists who make big

930
00:43:56,400 --> 00:43:58,920
Speaker 2: time money decided to weigh in on this. I mean,

931
00:43:58,960 --> 00:44:01,319
Speaker 2: didn't they learn in high school that you should not

932
00:44:01,440 --> 00:44:03,839
Speaker 2: go off and pontificate until you get at least some

933
00:44:03,880 --> 00:44:04,520
Speaker 2: of the facts.

934
00:44:05,239 --> 00:44:07,200
Speaker 1: I mean, they just don't learn their lesson.

935
00:44:06,960 --> 00:44:07,239
Speaker 8: Do they.

936
00:44:08,200 --> 00:44:08,439
Speaker 4: Yeah?

937
00:44:08,440 --> 00:44:10,360
Speaker 9: And I would say, don't just get some of the facts,

938
00:44:10,440 --> 00:44:12,279
Speaker 9: get all of the facts. It's better to be right

939
00:44:12,320 --> 00:44:14,800
Speaker 9: and a little bit later than first and absolutely wrong.

940
00:44:15,400 --> 00:44:18,279
Speaker 9: And then there's context. The guy got out of the

941
00:44:18,360 --> 00:44:20,799
Speaker 9: car and tried to run from a police officers. How

942
00:44:20,880 --> 00:44:23,600
Speaker 9: is that not like top of the story. He got

943
00:44:23,640 --> 00:44:26,400
Speaker 9: out of the car and literally tried to evade police officers,

944
00:44:26,600 --> 00:44:28,759
Speaker 9: which has led to what we call in the hood

945
00:44:28,760 --> 00:44:32,320
Speaker 9: as a mollywop. It was led to him being cuffed

946
00:44:32,320 --> 00:44:37,560
Speaker 9: here and all of that. You know, it's baffling how

947
00:44:37,640 --> 00:44:40,399
Speaker 9: much the media has changed since you and I came

948
00:44:40,520 --> 00:44:43,360
Speaker 9: up as youngsters in the business. I would like to

949
00:44:43,400 --> 00:44:45,680
Speaker 9: believe that you know, at that time, we had a

950
00:44:45,680 --> 00:44:49,520
Speaker 9: certain value system. There were certain things that we held

951
00:44:49,840 --> 00:44:51,799
Speaker 9: that we held in high esteem in terms of how

952
00:44:51,840 --> 00:44:54,120
Speaker 9: we cover things, and all of that I believe has.

953
00:44:54,040 --> 00:44:55,360
Speaker 1: Gone to the wayside recently.

954
00:44:56,520 --> 00:44:58,759
Speaker 2: You know, you made a good point there about how

955
00:44:58,800 --> 00:45:02,120
Speaker 2: you know he starts trying to run and here's the thing. Okay,

956
00:45:02,160 --> 00:45:04,120
Speaker 2: so maybe they don't have the facts about what the

957
00:45:04,239 --> 00:45:06,239
Speaker 2: charges are against this guy and things like that, but

958
00:45:06,280 --> 00:45:10,520
Speaker 2: it's very clear that the police taking him down weren't

959
00:45:10,560 --> 00:45:12,799
Speaker 2: looking to tackle him at first. I mean, that is

960
00:45:12,880 --> 00:45:14,839
Speaker 2: clear from the video. You don't need to have all

961
00:45:14,880 --> 00:45:17,120
Speaker 2: the other tacks. So they also that's another reason why

962
00:45:17,120 --> 00:45:19,759
Speaker 2: they shouldn't have commented they weren't looking to bully this guy. No,

963
00:45:19,840 --> 00:45:21,359
Speaker 2: they did ask him to come out of the car.

964
00:45:21,400 --> 00:45:23,080
Speaker 2: They didn't yank him out of the car, and they

965
00:45:23,080 --> 00:45:23,759
Speaker 2: didn't tackle him.

966
00:45:23,800 --> 00:45:27,200
Speaker 9: And right there, I'm sorry, I'm sorry to interrupt you,

967
00:45:27,440 --> 00:45:29,480
Speaker 9: but you saw him trying to get away, and so

968
00:45:29,560 --> 00:45:32,759
Speaker 9: at that point it gets a bit more aggressive. But

969
00:45:33,000 --> 00:45:36,840
Speaker 9: the aggressor, I think one could say, is the suspect

970
00:45:36,880 --> 00:45:39,200
Speaker 9: in this case. And I'm going to use the proper term,

971
00:45:39,320 --> 00:45:41,840
Speaker 9: because he's just a suspect, hasn't been convicted of anything,

972
00:45:42,239 --> 00:45:45,240
Speaker 9: but he at that point was a suspect and tried

973
00:45:45,280 --> 00:45:47,440
Speaker 9: to get away from the officers, and so that of

974
00:45:47,480 --> 00:45:49,560
Speaker 9: course escalated the entire situation.

975
00:45:50,840 --> 00:45:52,319
Speaker 1: Now there's also some fun in this video.

976
00:45:52,320 --> 00:45:53,920
Speaker 2: If you look at the video just now, one of

977
00:45:53,960 --> 00:45:57,400
Speaker 2: the cops, clearly thinking it was the suspect, started grabbing another.

978
00:45:57,400 --> 00:45:58,480
Speaker 1: One of the conflicts.

979
00:45:58,600 --> 00:46:00,480
Speaker 2: I mean, i mean, listen, this is my point, and

980
00:46:00,520 --> 00:46:01,680
Speaker 2: I'm not trying to be I'm not trying to be

981
00:46:01,680 --> 00:46:02,359
Speaker 2: a comedian here.

982
00:46:02,760 --> 00:46:04,160
Speaker 1: There's plenty in this video.

983
00:46:04,400 --> 00:46:08,239
Speaker 2: Without knowing what the situation with the suspect was to

984
00:46:08,320 --> 00:46:10,280
Speaker 2: talk about, you could just be a journalist and say, wow,

985
00:46:10,440 --> 00:46:12,719
Speaker 2: really interesting video going on right here. I can't wait

986
00:46:12,760 --> 00:46:15,400
Speaker 2: to find out what this guy was charged with, can't wait.

987
00:46:15,280 --> 00:46:15,960
Speaker 1: To see the details.

988
00:46:15,960 --> 00:46:19,200
Speaker 2: But here you see, my viewers, my followers, what's going

989
00:46:19,239 --> 00:46:21,920
Speaker 2: on in DC and this is really interesting and just

990
00:46:22,000 --> 00:46:23,960
Speaker 2: leave it at that. Why can't I mean, that's enough.

991
00:46:24,280 --> 00:46:26,160
Speaker 2: I'm out this video. I've seen it like ten times,

992
00:46:26,200 --> 00:46:29,160
Speaker 2: I watch it every time. Why not just take your

993
00:46:29,200 --> 00:46:32,719
Speaker 2: gift here? You have citizen journalists out there with their

994
00:46:32,719 --> 00:46:35,239
Speaker 2: phones all the time, getting great video.

995
00:46:34,960 --> 00:46:36,680
Speaker 1: For folks and you just need to see what it is.

996
00:46:37,000 --> 00:46:40,400
Speaker 2: So again again, it's just a simple lesson in journalism.

997
00:46:40,400 --> 00:46:40,879
Speaker 1: One oh one.

998
00:46:41,040 --> 00:46:42,640
Speaker 2: Hey, the next two hours are a bet to go

999
00:46:42,680 --> 00:46:44,840
Speaker 2: at Tea Bates, Doctor g Emily are going to be

1000
00:46:44,920 --> 00:46:47,680
Speaker 2: giving in the next two hours on American Sunrise. I'll

1001
00:46:47,719 --> 00:46:49,360
Speaker 2: be joining in the nine am hour to talk to

1002
00:46:49,440 --> 00:46:53,839
Speaker 2: stock Market and American Edition. American Sunrise Early Edition comes

1003
00:46:53,840 --> 00:46:54,960
Speaker 2: back on Friday.

1004
00:46:55,120 --> 00:46:58,640
Speaker 1: Thanks for watching.