1 00:00:00,920 --> 00:00:08,159 Speaker 1: It's that time, time, time, time, luck and loud. The 2 00:00:08,360 --> 00:00:14,920 Speaker 1: Michael Very Show is on the air. It could be 3 00:00:15,000 --> 00:00:17,400 Speaker 1: we're going to run against crazy Bernie. That could be 4 00:00:17,560 --> 00:00:20,400 Speaker 1: he's a crazy man. But that's okay. We like crazy people. 5 00:00:20,520 --> 00:00:24,120 Speaker 1: I love running against Crooked Hillary. I love that Crooked 6 00:00:24,400 --> 00:00:27,680 Speaker 1: Hillary Clinton. Crooked Hillary. He is a crooked one. 7 00:00:27,800 --> 00:00:30,440 Speaker 2: Gavin Newscomb, he's the governor of California. 8 00:00:30,960 --> 00:00:34,280 Speaker 1: He signed Newscomb. Michael, they're going to cover Pocahontas. 9 00:00:34,360 --> 00:00:37,360 Speaker 3: I've named him deranged Jack Smith. 10 00:00:37,640 --> 00:00:40,280 Speaker 1: But we'll work together with Shifty Shifts. We're going to 11 00:00:40,360 --> 00:00:42,320 Speaker 1: defeat crazy Kamala. 12 00:00:42,680 --> 00:00:46,120 Speaker 2: We have a representative in Congress who they say was. 13 00:00:46,120 --> 00:00:47,120 Speaker 3: Here a long time ago. 14 00:00:47,520 --> 00:00:48,919 Speaker 1: They call her a Pocahontas. 15 00:00:49,520 --> 00:00:51,080 Speaker 3: But you know what I like. 16 00:00:51,159 --> 00:00:53,360 Speaker 1: The people were talking about funny or sad. I think 17 00:00:53,360 --> 00:00:56,240 Speaker 1: it's more sad than funny. He has one ability I 18 00:00:56,240 --> 00:00:58,480 Speaker 1: don't have. He sleeps. 19 00:00:59,000 --> 00:01:04,160 Speaker 2: He can sleep sleepy Joe Biden a sleepy Joe crying Chuck, 20 00:01:04,560 --> 00:01:05,800 Speaker 2: do you want to keep it going for. 21 00:01:05,720 --> 00:01:07,920 Speaker 1: Another five years? Yeah? 22 00:01:08,200 --> 00:01:09,199 Speaker 3: Yeah, Usa. 23 00:01:09,280 --> 00:01:11,560 Speaker 1: PoCA Hunter says yes, still a rocketman. 24 00:01:12,040 --> 00:01:16,920 Speaker 2: We will have no choice but to totally destroy North Korea. 25 00:01:17,319 --> 00:01:20,959 Speaker 1: Rocketman is on a suicide mission for himself. 26 00:01:21,280 --> 00:01:24,360 Speaker 4: Raised suspect in the January sixth pipe bomb case. 27 00:01:24,440 --> 00:01:26,040 Speaker 1: We'll get to that in just a moment. 28 00:01:26,080 --> 00:01:29,320 Speaker 4: In the next segment, we'll talk to a Treasury Department 29 00:01:29,520 --> 00:01:34,000 Speaker 4: official about the new Trump account, who qualifies and what 30 00:01:34,080 --> 00:01:36,760 Speaker 4: it means. And I'll add one, I think it's a 31 00:01:36,800 --> 00:01:42,680 Speaker 4: great idea to teach children about investing and investments in 32 00:01:42,720 --> 00:01:48,120 Speaker 4: how you capitalize businesses, and how public ownership through stock works. 33 00:01:48,760 --> 00:01:50,760 Speaker 4: These are the sorts of things that more children need 34 00:01:50,760 --> 00:01:53,920 Speaker 4: to learn so that as adults they can engage in 35 00:01:53,960 --> 00:01:56,720 Speaker 4: these things. They can raise money, they can build businesses, 36 00:01:56,760 --> 00:02:00,360 Speaker 4: they can invest, they can accumulate wealth. These are all 37 00:02:00,600 --> 00:02:04,280 Speaker 4: wonderful things that people don't do because they're not aware. 38 00:02:04,560 --> 00:02:07,680 Speaker 4: They don't know how, and they would if they could, 39 00:02:08,160 --> 00:02:11,760 Speaker 4: and for most folks they're never going to learn. But first, 40 00:02:12,240 --> 00:02:15,880 Speaker 4: how about the fact that we're very upset, supposedly the 41 00:02:15,919 --> 00:02:19,840 Speaker 4: media and the Democrats with the President for dealing with 42 00:02:19,960 --> 00:02:26,000 Speaker 4: Narco terrorists, for striking at them militarily. 43 00:02:26,639 --> 00:02:30,240 Speaker 1: That's a terrible thing, a horrible thing. Right. 44 00:02:31,240 --> 00:02:37,000 Speaker 4: Well, let's listen to then Senator Joe Biden, Democrat from Delaware, 45 00:02:37,240 --> 00:02:42,760 Speaker 4: in nineteen eighty nine talking to the New President George H. W. 46 00:02:43,000 --> 00:02:47,520 Speaker 4: Bush about what we needed to do with these narco terrorists. 47 00:02:47,560 --> 00:02:51,200 Speaker 5: Every president for the past two decades, Democrat and Republican alike, 48 00:02:51,680 --> 00:02:55,520 Speaker 5: has declared war on drugs, and each of them has 49 00:02:55,639 --> 00:02:59,760 Speaker 5: lost that war and lost it miserably. They lost because 50 00:02:59,800 --> 00:03:02,880 Speaker 5: they attempted to deal with only part of the drug problem. 51 00:03:03,200 --> 00:03:07,079 Speaker 5: They lost because their initiatives were pulled apart by bureaucratic 52 00:03:07,160 --> 00:03:11,200 Speaker 5: squabbling among their advisors. They lost because they always did 53 00:03:11,320 --> 00:03:13,680 Speaker 5: too little and they did it too late. We don't 54 00:03:13,680 --> 00:03:16,639 Speaker 5: oppose the President's plan. All we want to do is 55 00:03:16,639 --> 00:03:20,320 Speaker 5: strengthen it. We don't doubt is resolve. All we want 56 00:03:20,360 --> 00:03:22,920 Speaker 5: to do is stiffen it. The trouble is that the 57 00:03:22,960 --> 00:03:26,079 Speaker 5: President's proposals are not big enough to deal with the problem. 58 00:03:26,919 --> 00:03:29,080 Speaker 5: We think we should do more to stem the flow 59 00:03:29,120 --> 00:03:31,000 Speaker 5: of drugs across our borders. 60 00:03:30,840 --> 00:03:33,000 Speaker 1: And we think we should go one step further. 61 00:03:34,200 --> 00:03:38,320 Speaker 5: Let's go after the drug lords where they live with. 62 00:03:38,320 --> 00:03:39,960 Speaker 1: An international strike force. 63 00:03:40,800 --> 00:03:44,040 Speaker 5: There must be no safe haven for these narco terrorists, 64 00:03:44,360 --> 00:03:47,200 Speaker 5: and they must know it. We have to lock up 65 00:03:47,240 --> 00:03:50,720 Speaker 5: the dealers for a long long time, and we have 66 00:03:50,920 --> 00:03:54,120 Speaker 5: to attack the source from which the drugs come. And 67 00:03:54,200 --> 00:03:56,160 Speaker 5: we have to do that, not a piece of a time, 68 00:03:56,200 --> 00:03:59,520 Speaker 5: but all at once, and we have to do it now. 69 00:04:00,440 --> 00:04:03,119 Speaker 5: And there's not any reason why we can't do that. 70 00:04:03,520 --> 00:04:05,840 Speaker 5: We have the power, we have the money, and we 71 00:04:05,880 --> 00:04:06,600 Speaker 5: have the knowledge. 72 00:04:09,520 --> 00:04:13,920 Speaker 4: The fact is it's the right approach. But Joe Biden 73 00:04:13,960 --> 00:04:18,120 Speaker 4: said was the right thing to do. But now Trump's 74 00:04:18,120 --> 00:04:23,960 Speaker 4: actually doing it, and therefore it must be criticized. One 75 00:04:24,000 --> 00:04:27,040 Speaker 4: of the many reasons President Trump is popular among the 76 00:04:27,080 --> 00:04:29,480 Speaker 4: American people is that he. 77 00:04:29,480 --> 00:04:30,920 Speaker 1: Does the things that we want done. 78 00:04:31,560 --> 00:04:34,600 Speaker 4: For instance, you know when you buy a new vehicle 79 00:04:35,360 --> 00:04:37,800 Speaker 4: and you pull up to the red light and it 80 00:04:37,839 --> 00:04:40,440 Speaker 4: goes off, and then you get ready to accelerate and 81 00:04:40,440 --> 00:04:42,520 Speaker 4: it starts back up like a golf cart. You've been 82 00:04:42,560 --> 00:04:45,679 Speaker 4: out playing golf and and then it dies. 83 00:04:46,600 --> 00:04:47,800 Speaker 1: That wasn't necessary. 84 00:04:48,200 --> 00:04:51,320 Speaker 4: You remember the You remember the nonsense of the of 85 00:04:51,400 --> 00:04:54,400 Speaker 4: the the caps they put on your your gas pump 86 00:04:54,640 --> 00:04:57,640 Speaker 4: when you'd go to get gas, they had these limitters 87 00:04:57,720 --> 00:04:59,000 Speaker 4: on there. You remember that whole deal, And then it 88 00:04:59,040 --> 00:05:02,279 Speaker 4: turns out all I didn't work anyway. President Trump is 89 00:05:02,400 --> 00:05:06,800 Speaker 4: rolling back the Biden administration fuel efficiency standards, which were stupid, 90 00:05:06,839 --> 00:05:08,440 Speaker 4: which cost you money. 91 00:05:08,800 --> 00:05:11,600 Speaker 1: This is just good government. This is what makes you popular. 92 00:05:12,960 --> 00:05:15,719 Speaker 2: I've been taking action to make buying a car more affordable. 93 00:05:15,760 --> 00:05:19,240 Speaker 2: I signed an executive order to end the unfair expensive 94 00:05:19,920 --> 00:05:21,320 Speaker 2: electric vehicle mandate. 95 00:05:21,360 --> 00:05:22,359 Speaker 3: As you know, you had to. 96 00:05:22,360 --> 00:05:25,400 Speaker 2: Have an electric car within a very short period of time, 97 00:05:25,600 --> 00:05:27,720 Speaker 2: even though there was no way of charging them. 98 00:05:27,680 --> 00:05:28,719 Speaker 3: And lots of other things. 99 00:05:28,800 --> 00:05:32,640 Speaker 2: Would of course five trillion dollars to build the charging plants, 100 00:05:33,320 --> 00:05:35,919 Speaker 2: and as you know, in certain parts of the Midwest, 101 00:05:35,920 --> 00:05:40,640 Speaker 2: they spent to build nine chargers. They spent eight billion dollars. 102 00:05:41,520 --> 00:05:43,520 Speaker 2: So that wasn't working out too well. That was done 103 00:05:43,600 --> 00:05:45,800 Speaker 2: before me. By the way, I wouldn't have let it 104 00:05:45,839 --> 00:05:50,560 Speaker 2: go forward. We're casling the epas observed tailpipe emission standards, 105 00:05:50,600 --> 00:05:53,640 Speaker 2: one of the most important things that I've never had 106 00:05:53,880 --> 00:05:59,000 Speaker 2: a group of people come to me more powerfully and 107 00:05:59,600 --> 00:06:02,040 Speaker 2: really just devastated that they had to do it. 108 00:06:02,040 --> 00:06:02,800 Speaker 3: It was killing him. 109 00:06:03,120 --> 00:06:08,479 Speaker 2: Then the automobile manufactures the tailpipe emission standards, and I 110 00:06:08,480 --> 00:06:10,719 Speaker 2: can tell you your people at fort were coming to me 111 00:06:10,800 --> 00:06:15,080 Speaker 2: all the time and they were saying, like, please, it 112 00:06:15,160 --> 00:06:18,320 Speaker 2: doesn't do anything, and it's killing us, and it's driving 113 00:06:18,360 --> 00:06:21,000 Speaker 2: the course through the roof. And we revoked Biden's emissions 114 00:06:21,040 --> 00:06:26,760 Speaker 2: waiver for California, so that California communists could not regulate 115 00:06:26,760 --> 00:06:30,320 Speaker 2: the automobile industry and ruin the entire nation of automobiles. 116 00:06:31,000 --> 00:06:33,440 Speaker 2: And they were doing that too, but we have that 117 00:06:33,520 --> 00:06:37,920 Speaker 2: now under control, also with your governor, who's got much 118 00:06:37,920 --> 00:06:39,120 Speaker 2: more than he can control. 119 00:06:39,839 --> 00:06:42,360 Speaker 3: Now under the new rules being issued today. 120 00:06:42,120 --> 00:06:45,800 Speaker 2: By Secretary of Duffy, the Department of Transportation will rescind 121 00:06:46,440 --> 00:06:49,360 Speaker 2: the Biden fuel economy prices. 122 00:06:49,600 --> 00:06:51,240 Speaker 3: And I hate to say that because they were really 123 00:06:51,320 --> 00:06:55,800 Speaker 3: not economy. They were really they were anti economy. 124 00:06:55,680 --> 00:06:58,840 Speaker 2: They were horrible what they were doing to the costs 125 00:06:59,160 --> 00:07:03,160 Speaker 2: and actually making the car much worse. But these policies 126 00:07:03,640 --> 00:07:07,760 Speaker 2: forced potomakers to build cars using expensive technologies that drove 127 00:07:07,839 --> 00:07:08,839 Speaker 2: up costs, drove. 128 00:07:08,720 --> 00:07:11,040 Speaker 3: Up prices, and made the car much worse. 129 00:07:11,720 --> 00:07:14,680 Speaker 2: The action is expected to save the typical consumer at 130 00:07:14,800 --> 00:07:17,360 Speaker 2: least one thousand dollars off the price of a new car, 131 00:07:17,760 --> 00:07:19,480 Speaker 2: and we think substantially more than that. 132 00:07:20,120 --> 00:07:29,640 Speaker 6: It's one that Berri show, Well, you know, things are 133 00:07:29,680 --> 00:07:36,360 Speaker 6: getting weird When President Trump promote, proposes and implements a 134 00:07:36,480 --> 00:07:38,360 Speaker 6: savings account, a Trump account. 135 00:07:38,440 --> 00:07:39,880 Speaker 1: Of course it has to have his name on it. 136 00:07:39,880 --> 00:07:40,239 Speaker 1: It should. 137 00:07:40,560 --> 00:07:43,560 Speaker 4: He's the one that came up with it, a Trump account, 138 00:07:43,640 --> 00:07:46,840 Speaker 4: one thousand dollars for every child. And you know things 139 00:07:46,880 --> 00:07:49,000 Speaker 4: are crazy when Corey Booker. 140 00:07:49,240 --> 00:07:49,720 Speaker 1: Who. 141 00:07:51,000 --> 00:07:56,320 Speaker 4: Just got married to a woman, says that was actually 142 00:07:56,360 --> 00:08:00,200 Speaker 4: my idea, So the Democrats. When the Democrats are not 143 00:08:00,560 --> 00:08:05,400 Speaker 4: criticizing his idea but are now claiming it was their own, well, 144 00:08:05,400 --> 00:08:09,080 Speaker 4: we have reached an interesting point, an interesting point on 145 00:08:09,120 --> 00:08:10,080 Speaker 4: the spectrum. 146 00:08:10,720 --> 00:08:13,880 Speaker 1: What is the Trump account? How does it work? 147 00:08:14,160 --> 00:08:19,200 Speaker 4: Luke Pettitt is the Treasury Department Assistant Secretary for Financial Markets, 148 00:08:19,440 --> 00:08:22,440 Speaker 4: and he is our guest. Luke, I guess the first 149 00:08:22,520 --> 00:08:24,920 Speaker 4: question is what exactly is this account? 150 00:08:24,920 --> 00:08:26,760 Speaker 1: Who qualifies for it? When does it begin? 151 00:08:28,920 --> 00:08:31,360 Speaker 7: Yeah, So the Trump accounts, which are going to go 152 00:08:31,440 --> 00:08:33,560 Speaker 7: live in the fourth of July next year, are really 153 00:08:33,760 --> 00:08:37,360 Speaker 7: a transformational program that are going to open up investment 154 00:08:37,400 --> 00:08:41,920 Speaker 7: accounts for children under eighteen starting next year to allow 155 00:08:42,000 --> 00:08:45,920 Speaker 7: them to build real net worth for their futures, allow 156 00:08:45,960 --> 00:08:49,400 Speaker 7: them to harness the power of compound growth and give 157 00:08:49,440 --> 00:08:52,440 Speaker 7: them a stake in America's future. And so as america 158 00:08:52,480 --> 00:08:54,720 Speaker 7: and economy growth, so does their net worth. And so 159 00:08:54,760 --> 00:08:57,800 Speaker 7: these will be broad based investment accounts that will be 160 00:08:57,880 --> 00:09:00,720 Speaker 7: investing in US stock in This is ensuring that, you know, 161 00:09:00,840 --> 00:09:04,880 Speaker 7: families and children get simple and transparent and affordable growth 162 00:09:05,080 --> 00:09:08,520 Speaker 7: options for them. But it'll be essentially an investment account 163 00:09:08,559 --> 00:09:11,160 Speaker 7: that they will have and let it grow. Their parents 164 00:09:11,200 --> 00:09:13,959 Speaker 7: and their parents' employers will contribute to and once I 165 00:09:14,040 --> 00:09:18,320 Speaker 7: turn eighteen, it'll for traditional wroth or traditional rather. 166 00:09:19,960 --> 00:09:20,160 Speaker 1: You know. 167 00:09:20,240 --> 00:09:24,480 Speaker 4: I've talked on their in fact as recently as yesterday 168 00:09:25,000 --> 00:09:27,320 Speaker 4: about the fact that growing up in a working class home, 169 00:09:28,400 --> 00:09:31,000 Speaker 4: parents didn't go to college, nobody and our family ever had, 170 00:09:31,679 --> 00:09:35,520 Speaker 4: and the idea of of you saved your money, the 171 00:09:35,600 --> 00:09:40,199 Speaker 4: idea of investing was was not something that was ever discussed. 172 00:09:40,559 --> 00:09:43,960 Speaker 4: And I realized as I got much older that if 173 00:09:44,000 --> 00:09:46,560 Speaker 4: you will start putting money in the earlier, the better, 174 00:09:47,160 --> 00:09:52,760 Speaker 4: a little money consistently over a lot of time turns 175 00:09:52,800 --> 00:09:55,199 Speaker 4: out to be a great deal of money. And there 176 00:09:55,280 --> 00:09:57,960 Speaker 4: is this idea that you earn it and you save it, 177 00:09:58,000 --> 00:10:01,120 Speaker 4: but investing is how you ca eight real wealth. And 178 00:10:01,240 --> 00:10:05,120 Speaker 4: I love the idea of encouraging people to understand that 179 00:10:05,400 --> 00:10:06,720 Speaker 4: sooner rather than later. 180 00:10:09,480 --> 00:10:11,640 Speaker 7: You're exactly right. And if you think about it, those 181 00:10:11,800 --> 00:10:15,240 Speaker 7: those first formative years when a child is growing up, 182 00:10:15,760 --> 00:10:18,839 Speaker 7: if they have money sitting in a savings account from 183 00:10:18,880 --> 00:10:21,000 Speaker 7: their parents and not being invested that they're losing out 184 00:10:21,040 --> 00:10:21,920 Speaker 7: on a lot of returns. 185 00:10:22,240 --> 00:10:23,120 Speaker 1: Since ninety fifty. 186 00:10:22,960 --> 00:10:24,920 Speaker 7: Seven, the S and P five hundred is delivered an 187 00:10:24,880 --> 00:10:28,160 Speaker 7: average annual return of ten point five percent. 188 00:10:28,440 --> 00:10:29,320 Speaker 1: I mean, that's a lot of money. 189 00:10:29,400 --> 00:10:31,400 Speaker 7: And if you think about it, even this thousand dollars 190 00:10:31,440 --> 00:10:34,679 Speaker 7: seed which children born between calend years twenty five through 191 00:10:34,720 --> 00:10:37,840 Speaker 7: twenty eight will get, that alone, compounded at that rate 192 00:10:37,880 --> 00:10:40,600 Speaker 7: for sixty five years is six hundred and seventy four 193 00:10:40,600 --> 00:10:42,400 Speaker 7: thousand dollars. I mean, we're talking about a lot of 194 00:10:42,520 --> 00:10:45,760 Speaker 7: compound investment over the course of their life. And then 195 00:10:45,800 --> 00:10:48,440 Speaker 7: when you think about the engagement that children will have 196 00:10:48,520 --> 00:10:51,840 Speaker 7: with these accounts, learning about what is compounding, what is investing, 197 00:10:51,880 --> 00:10:53,600 Speaker 7: and how do I plan for my future so I 198 00:10:53,600 --> 00:10:56,920 Speaker 7: can have a nest egg for when I'm older and 199 00:10:57,000 --> 00:10:59,720 Speaker 7: ready for retirement. This is this is a profound and 200 00:10:59,760 --> 00:11:02,400 Speaker 7: power powerful paradigm shift we're about to witness year. 201 00:11:03,120 --> 00:11:04,319 Speaker 1: Luke gets it's amazing. 202 00:11:04,360 --> 00:11:07,080 Speaker 4: Luke Pettitt is our guest Treasury Department Assistant Secretary for 203 00:11:07,120 --> 00:11:10,120 Speaker 4: Financial Markets. I started a Robinhood account for my kids 204 00:11:10,120 --> 00:11:13,160 Speaker 4: when they were in middle school, and it was fascinating 205 00:11:13,200 --> 00:11:15,680 Speaker 4: to me how all of a sudden they were interested 206 00:11:15,760 --> 00:11:18,400 Speaker 4: in investing. They wanted to talk about particular companies and 207 00:11:18,440 --> 00:11:21,679 Speaker 4: their stock and their future, and disclosures that they had 208 00:11:21,760 --> 00:11:25,080 Speaker 4: made that might potentially harm their stock price, are new 209 00:11:25,120 --> 00:11:29,200 Speaker 4: announcements of products that they were launching. They began to 210 00:11:29,360 --> 00:11:33,960 Speaker 4: understand how capital funds deals, and how capital is liquid 211 00:11:34,000 --> 00:11:36,240 Speaker 4: and how it moves, and how capital gets scared, and 212 00:11:36,320 --> 00:11:39,600 Speaker 4: how capital gets excited and sometimes that exuberance can be 213 00:11:39,640 --> 00:11:44,200 Speaker 4: silly and sometimes the fear can be nonsensical. But understanding 214 00:11:44,240 --> 00:11:47,960 Speaker 4: that this is the underpinning of how our economy works, 215 00:11:48,280 --> 00:11:51,800 Speaker 4: particularly as regards public companies, it was amazing to me 216 00:11:51,920 --> 00:11:53,840 Speaker 4: how this was the best thing. You know. You know, 217 00:11:53,880 --> 00:11:57,120 Speaker 4: you try to explain these things on long driving trips. 218 00:11:57,320 --> 00:11:59,960 Speaker 4: It's not until their money is at play. I started 219 00:12:00,080 --> 00:12:03,120 Speaker 4: them checking accounts and gave them access, and it was 220 00:12:03,160 --> 00:12:05,160 Speaker 4: amazing how all of a sudden, when they had to 221 00:12:05,200 --> 00:12:07,880 Speaker 4: pay for their own things, things that made sense. 222 00:12:08,280 --> 00:12:08,920 Speaker 1: Before you know. 223 00:12:09,240 --> 00:12:11,680 Speaker 4: Crockett was having his sports team over to the house, 224 00:12:12,040 --> 00:12:14,760 Speaker 4: and we've always done raising canes for all the kids, 225 00:12:15,080 --> 00:12:17,520 Speaker 4: and he said, I don't think we need to have food. 226 00:12:18,360 --> 00:12:20,319 Speaker 4: It was for his young life group. I don't think 227 00:12:20,320 --> 00:12:22,560 Speaker 4: we need to have food for the event. My wife said, 228 00:12:22,600 --> 00:12:24,920 Speaker 4: well why not, we always do. I don't think anybody 229 00:12:24,960 --> 00:12:26,200 Speaker 4: likes it. Well, he didn't want to have to pay 230 00:12:26,200 --> 00:12:28,760 Speaker 4: for it. So all of a sudden, money makes sense. 231 00:12:28,800 --> 00:12:31,040 Speaker 4: There's a cost to things, and I think the earlier 232 00:12:31,040 --> 00:12:32,680 Speaker 4: that kids can learn these things the better. 233 00:12:34,559 --> 00:12:36,079 Speaker 1: That's right, It comes down to ownership. 234 00:12:36,600 --> 00:12:39,000 Speaker 7: In these programs, these Trump accounts are going to give 235 00:12:39,000 --> 00:12:44,000 Speaker 7: every child in ownership stake in the American economy, American companies, 236 00:12:44,640 --> 00:12:48,520 Speaker 7: and a first hand experience with capitalism and markets in 237 00:12:48,559 --> 00:12:50,480 Speaker 7: a way that would be hard to deliver otherwise. And 238 00:12:50,480 --> 00:12:52,559 Speaker 7: so it's filling a gap that I don't think people 239 00:12:52,640 --> 00:12:55,839 Speaker 7: realize needed to be filled until President Trump really leaned 240 00:12:55,840 --> 00:12:58,520 Speaker 7: in in the working family and tax cuts that we 241 00:12:58,559 --> 00:13:02,440 Speaker 7: saw past or the summer. And like I said before, 242 00:13:02,480 --> 00:13:06,040 Speaker 7: we're about to see a transformational shift in how children 243 00:13:06,040 --> 00:13:08,760 Speaker 7: are viewing capitalism, the markets, and their stake in the 244 00:13:08,760 --> 00:13:09,640 Speaker 7: American economy. 245 00:13:09,760 --> 00:13:11,120 Speaker 1: I love it. I absolutely love it. 246 00:13:11,160 --> 00:13:15,199 Speaker 4: We're talking about children born beginning January first of this year, 247 00:13:15,280 --> 00:13:16,520 Speaker 4: So if you have a baby that was born in 248 00:13:16,520 --> 00:13:19,120 Speaker 4: this calendar year and that goes through the end of 249 00:13:19,160 --> 00:13:22,520 Speaker 4: twenty twenty eight, so December thirty, first of twenty twenty eight. 250 00:13:22,600 --> 00:13:27,000 Speaker 4: It is a pilot program. That's who qualifies. Look, how 251 00:13:27,040 --> 00:13:31,400 Speaker 4: did you end up in Department of Treasury? 252 00:13:31,559 --> 00:13:32,600 Speaker 1: You know, I was. 253 00:13:33,000 --> 00:13:34,920 Speaker 7: I had the pleasure of being nominated by the President 254 00:13:35,000 --> 00:13:38,280 Speaker 7: to fill the role for Assistence Secretary for Financial Institutions 255 00:13:38,760 --> 00:13:42,000 Speaker 7: Secretary Best in Places trust in me to fulfill this role. 256 00:13:42,040 --> 00:13:44,680 Speaker 7: And as part of that, I've been tasked with helping 257 00:13:45,040 --> 00:13:49,320 Speaker 7: ensure the Treasury Department, which is leading the implementation of 258 00:13:49,320 --> 00:13:53,080 Speaker 7: Trump Accounts, that we have a successful launch on the 259 00:13:53,080 --> 00:13:55,200 Speaker 7: fourth of July because of how important this program is. 260 00:13:55,840 --> 00:13:57,120 Speaker 7: But by the grace of God, I got here, and 261 00:13:57,240 --> 00:13:59,520 Speaker 7: I'm honored to be here in this building working for 262 00:13:59,520 --> 00:14:02,560 Speaker 7: Secretary and for President Jones. But one thing on your 263 00:14:02,559 --> 00:14:06,000 Speaker 7: point earlier, it's not just for kids who are born 264 00:14:06,160 --> 00:14:08,360 Speaker 7: in January first, twenty five through the end of twenty eight. 265 00:14:08,920 --> 00:14:10,840 Speaker 1: Any children can create these accounts. 266 00:14:11,040 --> 00:14:14,680 Speaker 7: And you know Michael Dell's historic announcement on Tuesday six 267 00:14:14,720 --> 00:14:17,560 Speaker 7: point twenty five million dollars, that's two hundred and fifty 268 00:14:17,559 --> 00:14:20,480 Speaker 7: dollars per child from to twenty five million Americans, And 269 00:14:20,520 --> 00:14:23,360 Speaker 7: that expands the scope of eligible children who can not 270 00:14:23,400 --> 00:14:26,840 Speaker 7: only create accounts, but also receive a seed an investment 271 00:14:26,880 --> 00:14:29,200 Speaker 7: to start and to base their investments off of. 272 00:14:30,760 --> 00:14:31,600 Speaker 1: You know, it's amazing. 273 00:14:31,680 --> 00:14:33,400 Speaker 4: I saw a chart the other day that if every 274 00:14:33,440 --> 00:14:37,160 Speaker 4: person would contribute from when they're a child one dollar 275 00:14:37,920 --> 00:14:39,560 Speaker 4: into an investment. 276 00:14:39,600 --> 00:14:41,720 Speaker 1: What that number will be by the time. 277 00:14:41,560 --> 00:14:45,200 Speaker 4: They're thirty, forty, fifty sixty, you're tromount retirement level dollars. 278 00:14:45,240 --> 00:14:48,120 Speaker 1: And we can each set aside a dollar. That's easy 279 00:14:48,200 --> 00:14:48,760 Speaker 1: enough to do. 280 00:14:49,040 --> 00:14:52,160 Speaker 4: It's amazing to get people to start thinking in terms 281 00:14:52,200 --> 00:14:55,480 Speaker 4: of not just saving, but investing and putting your work, 282 00:14:55,720 --> 00:14:58,360 Speaker 4: your money to work, and creating more wealth. I love 283 00:14:58,400 --> 00:15:02,400 Speaker 4: the concept. Look Pettitt, Treasury Department Assistant Secretary for Financial Markets. 284 00:15:02,400 --> 00:15:04,320 Speaker 1: Thank you, good sir, thanks for having me there. 285 00:15:06,440 --> 00:15:08,560 Speaker 4: The first I've been destroying the black community is to 286 00:15:08,680 --> 00:15:09,920 Speaker 4: dismantle the black family. 287 00:15:10,120 --> 00:15:11,840 Speaker 1: Michael Show, why don't we. 288 00:15:11,800 --> 00:15:15,400 Speaker 6: Ask missus Willie Brown if Kamala Harris cares about black families. 289 00:15:17,320 --> 00:15:20,560 Speaker 4: The announcement was made this morning the press conference early 290 00:15:20,760 --> 00:15:29,840 Speaker 4: afternoon that the suspect in the January sixth pipe bombs, one. 291 00:15:29,960 --> 00:15:32,600 Speaker 1: Near the RNC, one near the DNC. 292 00:15:34,080 --> 00:15:39,920 Speaker 4: Had been arrested. Great news. His name is Brian Cole, 293 00:15:41,800 --> 00:15:43,880 Speaker 4: at this point. I don't believe we know that much 294 00:15:43,920 --> 00:15:50,320 Speaker 4: about him. He's a little freak five seven, apparently the 295 00:15:50,400 --> 00:15:56,160 Speaker 4: same profile as everyone else that does these sorts of things. 296 00:15:58,040 --> 00:16:08,000 Speaker 4: Young loner, without any real emotional connection to anyone or 297 00:16:08,040 --> 00:16:13,000 Speaker 4: anything else, disconnected, probably spends a lot of time on 298 00:16:13,080 --> 00:16:20,480 Speaker 4: social media. Unfortunately, the press conference was not particularly revealing. 299 00:16:20,560 --> 00:16:24,480 Speaker 4: It was mostly everybody saying that everyone else is great 300 00:16:25,280 --> 00:16:31,000 Speaker 4: and that everyone was allowed to do their jobs, which 301 00:16:31,040 --> 00:16:34,280 Speaker 4: I guess is fine. You know, a lot of time 302 00:16:34,320 --> 00:16:37,680 Speaker 4: goes into this sort of thing. I was particularly happy 303 00:16:37,680 --> 00:16:41,880 Speaker 4: to see Dan Bongino get some credit because he gave 304 00:16:41,960 --> 00:16:48,360 Speaker 4: up a big podcast and radio presence, which is a 305 00:16:48,520 --> 00:16:53,560 Speaker 4: daily feed to your ego to go inside the government 306 00:16:53,680 --> 00:16:58,400 Speaker 4: and serve and mostly do so without anyone noticing you're 307 00:16:58,440 --> 00:17:02,240 Speaker 4: doing it, and that's not a small feat. He also 308 00:17:02,280 --> 00:17:03,000 Speaker 4: probably gave up a. 309 00:17:03,000 --> 00:17:04,600 Speaker 1: Lot of money. I'm sure he was making a lot 310 00:17:04,600 --> 00:17:04,960 Speaker 1: of money. 311 00:17:05,760 --> 00:17:09,040 Speaker 4: Now he can come back out and do that, but 312 00:17:09,119 --> 00:17:12,880 Speaker 4: most people would not give all that up. And I'm 313 00:17:12,880 --> 00:17:15,840 Speaker 4: sure there are days where he's grinding away and beating 314 00:17:15,880 --> 00:17:17,840 Speaker 4: his head against a wall because you're still part of 315 00:17:17,880 --> 00:17:21,840 Speaker 4: a bureaucracy and not getting the results. He would like 316 00:17:22,160 --> 00:17:24,480 Speaker 4: to see as fast as like to see him, because 317 00:17:25,000 --> 00:17:28,400 Speaker 4: DC is slow. So it was nice to see him 318 00:17:28,480 --> 00:17:32,320 Speaker 4: have a moment of accomplishment that doesn't happen that often 319 00:17:32,359 --> 00:17:36,960 Speaker 4: in the government. And yeah, it made me feel good 320 00:17:36,960 --> 00:17:40,000 Speaker 4: to see that for him. I don't know him personally, 321 00:17:40,560 --> 00:17:43,399 Speaker 4: but I was impressed that he took the job. And 322 00:17:43,440 --> 00:17:47,080 Speaker 4: I think he's doing the best he can within those circumstances. 323 00:17:47,080 --> 00:17:48,600 Speaker 4: And I think he'll have a lot of good stories 324 00:17:48,640 --> 00:17:53,639 Speaker 4: to tell in the coming years about inside the beast. Well, 325 00:17:55,840 --> 00:17:59,800 Speaker 4: it's always a little interesting. They asked a neighbor of 326 00:18:00,320 --> 00:18:03,280 Speaker 4: Cole who lived in one of the suburbs in Virginia. 327 00:18:03,280 --> 00:18:06,040 Speaker 4: I forget what it was, doesn't matter, but the neighbors said, 328 00:18:06,720 --> 00:18:09,000 Speaker 4: I never would have expected it. It didn't seem like 329 00:18:09,000 --> 00:18:11,440 Speaker 4: the kind of person, you know, you know, stuff going 330 00:18:11,480 --> 00:18:13,560 Speaker 4: on to his house that would do that. I'm always 331 00:18:13,560 --> 00:18:19,440 Speaker 4: curious when that when they when they asked the neighbors, Hey, 332 00:18:19,720 --> 00:18:24,160 Speaker 4: the pipe bomber, he lives next door. Really I never 333 00:18:24,240 --> 00:18:28,639 Speaker 4: would have expected it. Well, is there ever going to 334 00:18:28,680 --> 00:18:30,760 Speaker 4: be a case where somebody's going to go? You know, 335 00:18:32,080 --> 00:18:35,000 Speaker 4: most days I'd say to my wife, bet you that 336 00:18:35,040 --> 00:18:37,840 Speaker 4: guy he'll probably end up being the pipe bomber guy 337 00:18:37,920 --> 00:18:41,679 Speaker 4: next door, Yeah, just kind of walks like a pipe bomber, 338 00:18:42,040 --> 00:18:44,760 Speaker 4: looks like what a pipe bomber would would would look like. 339 00:18:47,600 --> 00:18:50,560 Speaker 4: But I will say this, there's a problem in this 340 00:18:50,640 --> 00:18:55,600 Speaker 4: country that the pipe bomber is now going to have 341 00:18:56,840 --> 00:19:01,200 Speaker 4: more criminal defense attorneys than you can imagine. Oh, we'll 342 00:19:01,240 --> 00:19:04,720 Speaker 4: call them the media. But they're now going to do 343 00:19:04,800 --> 00:19:07,880 Speaker 4: studies on him. They're going to try to find reasons 344 00:19:07,960 --> 00:19:13,160 Speaker 4: why he would do this. I'm tired in this country 345 00:19:15,200 --> 00:19:20,400 Speaker 4: of awful human beings that create terror amongst the rest 346 00:19:20,400 --> 00:19:23,080 Speaker 4: of us having. 347 00:19:22,840 --> 00:19:25,080 Speaker 1: Their psychology explored. 348 00:19:25,960 --> 00:19:30,920 Speaker 4: This little turd Afghan that drove across the country, left 349 00:19:30,920 --> 00:19:39,880 Speaker 4: his kids behind, killed, killed Sarah Beckstrom, murdered her. She's 350 00:19:39,920 --> 00:19:42,120 Speaker 4: twenty years old from West Virginia, and she'll never see 351 00:19:42,119 --> 00:19:44,719 Speaker 4: her family again. They'll never see her, not on this 352 00:19:44,760 --> 00:19:50,560 Speaker 4: earth anyway. And what did we hear? Well, you know 353 00:19:50,640 --> 00:19:56,800 Speaker 4: he was under financial stress, he was living in government housing. Well, 354 00:19:56,880 --> 00:20:00,640 Speaker 4: you know he didn't really have a job or so 355 00:20:00,680 --> 00:20:04,639 Speaker 4: go back to Afghanistan, were things good there. I'm tired 356 00:20:04,680 --> 00:20:11,320 Speaker 4: of hearing excuses for these people, the brothers who blew 357 00:20:11,400 --> 00:20:15,800 Speaker 4: up the Boston Marathon. I had a young lady on 358 00:20:15,840 --> 00:20:20,320 Speaker 4: our show. Her name is Rebecca Gregory. She wrote a 359 00:20:20,320 --> 00:20:25,080 Speaker 4: book called Taking My Life Back, and the book was 360 00:20:25,119 --> 00:20:29,919 Speaker 4: about the fact that she had just an insane number 361 00:20:29,960 --> 00:20:35,080 Speaker 4: of surgeries thirty forty I don't remember, maybe fifty surgeries 362 00:20:35,080 --> 00:20:37,960 Speaker 4: on her leg trying to save her leg, and she 363 00:20:38,080 --> 00:20:41,880 Speaker 4: finally decided, I've got to live my life. Take off 364 00:20:41,880 --> 00:20:45,320 Speaker 4: the leg. It's a beautiful woman. She could be a 365 00:20:45,320 --> 00:20:48,399 Speaker 4: professional model, she could be a movie star. Beautiful woman. 366 00:20:48,680 --> 00:20:53,760 Speaker 4: To give up her leg? Can you imagine? Can imagine 367 00:20:54,160 --> 00:20:59,040 Speaker 4: the process mentally that you go through as a woman especially, 368 00:21:01,040 --> 00:21:02,720 Speaker 4: And yet there were those brothers. I'm not going to 369 00:21:02,760 --> 00:21:05,760 Speaker 4: say their names. Rolling Stone put one of them on 370 00:21:05,760 --> 00:21:09,159 Speaker 4: the front cover as if he was a troubled artist, 371 00:21:09,200 --> 00:21:11,679 Speaker 4: you know, Jim Morrison or Bob Dylan. 372 00:21:13,000 --> 00:21:14,080 Speaker 1: I'm tired of it. 373 00:21:14,840 --> 00:21:20,000 Speaker 4: I want these people tried swiftly and put to death. 374 00:21:22,240 --> 00:21:27,880 Speaker 4: I want my country back. I am tired of people 375 00:21:29,560 --> 00:21:33,000 Speaker 4: who destroy the lives of lots of other people and 376 00:21:33,080 --> 00:21:37,920 Speaker 4: instill fear in our people, and then everyone acts like, well, 377 00:21:37,920 --> 00:21:43,159 Speaker 4: they're just a troubled artist, bless their soul. No, no, 378 00:21:43,320 --> 00:21:47,480 Speaker 4: you tormented the January sixth patriots who walked through the Capitol. 379 00:21:47,880 --> 00:21:51,399 Speaker 4: You put them in prison overnight. You terrorize those people. 380 00:21:51,440 --> 00:21:54,080 Speaker 4: You destroyed some of those people, some of them never, 381 00:21:54,320 --> 00:21:58,800 Speaker 4: some of them took their own lives. These people like this. 382 00:22:00,480 --> 00:22:03,400 Speaker 4: How about the guy who shocked the healthcare CEO. I'm 383 00:22:03,400 --> 00:22:07,800 Speaker 4: not going to say his name, gunned him down, We've 384 00:22:07,800 --> 00:22:10,520 Speaker 4: got a video. There's no doubt he did it. There's 385 00:22:10,560 --> 00:22:13,960 Speaker 4: no doubt he didn't know the CEO. He committed cold 386 00:22:14,040 --> 00:22:19,920 Speaker 4: blooded murder. And now, oh, it's gonna be his day 387 00:22:19,920 --> 00:22:24,359 Speaker 4: in court. Oh look how he's wearing his hair. Grab 388 00:22:24,440 --> 00:22:28,800 Speaker 4: that bastard and hang him. Let's have a swift trial, 389 00:22:30,200 --> 00:22:35,280 Speaker 4: swift justice, and be done with him. How about the 390 00:22:35,320 --> 00:22:39,680 Speaker 4: guy who killed Charlie Kirk. Nobody even talks about that anymore. 391 00:22:41,560 --> 00:22:46,040 Speaker 4: What about him? What do we waiting on? What are 392 00:22:46,080 --> 00:22:52,479 Speaker 4: we waiting on? Throw all the resources necessary, do a 393 00:22:52,520 --> 00:22:57,600 Speaker 4: thorough investigation, drag him out like we did Saddam Hussein, 394 00:22:58,880 --> 00:23:02,960 Speaker 4: and hang him in front of every make an example 395 00:23:03,000 --> 00:23:03,320 Speaker 4: of him. 396 00:23:04,960 --> 00:23:07,560 Speaker 1: I am tired. We have grown weak as a nation. 397 00:23:09,600 --> 00:23:12,119 Speaker 4: These people are celebrated as if as if they're the 398 00:23:12,119 --> 00:23:15,639 Speaker 4: great poet of our day, as if they speak for 399 00:23:15,720 --> 00:23:20,960 Speaker 4: the underclass or the disgruntled. And it's encouraging more of it, 400 00:23:21,880 --> 00:23:25,320 Speaker 4: and it filters all the way down the line. You 401 00:23:25,359 --> 00:23:29,919 Speaker 4: see these people protesting. They're out in the middle of 402 00:23:29,920 --> 00:23:34,159 Speaker 4: the road, so that mothers and fathers can't get to 403 00:23:34,160 --> 00:23:36,720 Speaker 4: the school to pick up their kids. People can't get 404 00:23:36,720 --> 00:23:41,760 Speaker 4: to work because you can't run them over. So you're 405 00:23:41,840 --> 00:23:44,000 Speaker 4: left terrorized by them out in the middle of the street. 406 00:23:44,200 --> 00:23:46,840 Speaker 4: You got these people gluing themselves, gluing their hands to 407 00:23:46,920 --> 00:23:52,120 Speaker 4: the road, and then we're spending tax dollars shipping it out. 408 00:23:52,200 --> 00:23:54,160 Speaker 1: No, let them sit there till they starve to death. 409 00:23:54,680 --> 00:23:57,040 Speaker 4: Why how do they know we're gonna get them out? 410 00:23:57,400 --> 00:23:57,800 Speaker 1: Sit there? 411 00:23:58,520 --> 00:24:01,360 Speaker 4: You glued yourself, Okay, that's what my parents would have done. 412 00:24:01,560 --> 00:24:06,439 Speaker 4: Now suffer the consequences. The word legend is overused so 413 00:24:06,480 --> 00:24:10,160 Speaker 4: that it becomes commonplace. The nature of being a legend 414 00:24:10,480 --> 00:24:16,399 Speaker 4: is being rare and unique. I say with full force. 415 00:24:16,960 --> 00:24:22,639 Speaker 4: Steve Cropper was a legend. He ran the talent and 416 00:24:22,760 --> 00:24:31,159 Speaker 4: studio portion of Stax Records. Funny thing it was a 417 00:24:31,160 --> 00:24:35,000 Speaker 4: fellow named Bill Brower who was there, who was out 418 00:24:35,040 --> 00:24:39,280 Speaker 4: acquiring talent for the label. Bill Brower would end up 419 00:24:39,320 --> 00:24:45,200 Speaker 4: getting associated with Elvis by MCA Records when he was 420 00:24:45,280 --> 00:24:51,800 Speaker 4: hired away, and while while working as the MCA representative 421 00:24:51,880 --> 00:24:59,640 Speaker 4: with Elvis, Elvis once told Bill Brower, hey, let's fly 422 00:24:59,680 --> 00:25:02,040 Speaker 4: out to Vegas and check on my new plane. It's 423 00:25:02,080 --> 00:25:04,680 Speaker 4: gonna be cool. A fly out to Dallas check on 424 00:25:04,760 --> 00:25:06,800 Speaker 4: my new plane and will fly from there to Vegas. 425 00:25:07,560 --> 00:25:10,520 Speaker 4: And Bill Brower said, Elvis, I can't do that. I've 426 00:25:10,560 --> 00:25:14,600 Speaker 4: got other artists I managed for MBA for MCA, you know, 427 00:25:14,680 --> 00:25:18,280 Speaker 4: I managed Whalen, to which Elvis picked up the phone 428 00:25:18,280 --> 00:25:22,359 Speaker 4: and called the CEO of MCA and said Brower works 429 00:25:22,440 --> 00:25:26,320 Speaker 4: for me. Now slams the phone down, and he didn't 430 00:25:26,359 --> 00:25:30,320 Speaker 4: pay Bill Brower. He just was basically saying, I don't 431 00:25:30,320 --> 00:25:33,720 Speaker 4: want him work for anybody else. And Bill Brower never 432 00:25:33,840 --> 00:25:36,880 Speaker 4: talked to the CEO of MCA again. He just continued 433 00:25:36,920 --> 00:25:39,399 Speaker 4: to get his paycheck and continued to be with Elvis 434 00:25:39,440 --> 00:25:43,520 Speaker 4: twenty four to seven. So Bill Brower during that time 435 00:25:45,480 --> 00:25:52,480 Speaker 4: had an album on the radio and Elvis said, Hey, 436 00:25:53,200 --> 00:25:56,320 Speaker 4: this guy in the radio singing this song sounds like you. 437 00:25:58,680 --> 00:26:03,760 Speaker 4: Somebody told me that issue and he said, well it is, well, 438 00:26:03,760 --> 00:26:06,879 Speaker 4: how come he's used the name TG Shepherd. That's a 439 00:26:06,880 --> 00:26:11,359 Speaker 4: whole different story. And he went with Elvis's blessing. So 440 00:26:11,400 --> 00:26:13,879 Speaker 4: that's the story of TG. Shepherd, the country music singer 441 00:26:14,359 --> 00:26:20,000 Speaker 4: who started at Stax Record, which was the soul operation 442 00:26:20,560 --> 00:26:24,920 Speaker 4: of the time. And you have two white guys there, 443 00:26:25,480 --> 00:26:32,280 Speaker 4: Bill Brower, TG. Shepherd and Steve Cropper. Cropper would be 444 00:26:32,359 --> 00:26:35,880 Speaker 4: the guitarist and bandleader for Booker t and the MG's. 445 00:26:37,280 --> 00:26:42,119 Speaker 4: He would be the inspiration and muse for Otis Redding 446 00:26:42,440 --> 00:26:44,480 Speaker 4: and sitting by the dock of the Bay, Sitting on 447 00:26:44,520 --> 00:26:48,479 Speaker 4: the dock of the Bay, which he got co writing 448 00:26:48,480 --> 00:26:52,040 Speaker 4: credit for because Otis died before the song was finished 449 00:26:52,040 --> 00:26:54,719 Speaker 4: and Steve Cropper had to go back into the studio 450 00:26:54,760 --> 00:27:00,400 Speaker 4: and finish it. The famous whistling segment was a place 451 00:27:00,520 --> 00:27:03,520 Speaker 4: marker because Otis couldn't figure out what to put in there, 452 00:27:03,960 --> 00:27:06,760 Speaker 4: so he just whistled it. And he would die shortly 453 00:27:06,800 --> 00:27:09,399 Speaker 4: thereafter in a plane crash in Wisconsin. 454 00:27:09,960 --> 00:27:12,560 Speaker 1: Steve Cropper was devastated and. 455 00:27:12,520 --> 00:27:14,120 Speaker 4: It took him a little while so he was able 456 00:27:14,160 --> 00:27:16,400 Speaker 4: to go into the studio and listen to what they had, 457 00:27:16,440 --> 00:27:20,439 Speaker 4: the tapes they had dubbed and they had recorded, and 458 00:27:20,520 --> 00:27:22,440 Speaker 4: to put it together and publish it, and of course 459 00:27:22,520 --> 00:27:24,639 Speaker 4: the rest is history. It turns out to be that 460 00:27:24,840 --> 00:27:27,480 Speaker 4: was never an album, that was never a song of 461 00:27:27,520 --> 00:27:31,080 Speaker 4: a quality that was meant to be released, but look 462 00:27:31,200 --> 00:27:36,720 Speaker 4: what it went on to do. Steve Cropper would be 463 00:27:36,840 --> 00:27:40,359 Speaker 4: the force behind Sam and Dave. He would be the 464 00:27:40,359 --> 00:27:42,760 Speaker 4: force behind so much of what was going on at 465 00:27:42,760 --> 00:27:44,879 Speaker 4: Stax Records at the time. There's a great documentary on 466 00:27:46,080 --> 00:27:49,520 Speaker 4: Stacks that includes a lot about Crop. And then of 467 00:27:49,520 --> 00:27:53,800 Speaker 4: course the Blues Brothers came along and he and Donald 468 00:27:53,880 --> 00:27:59,320 Speaker 4: Duck Dunn, his best friend, would be the backing, the 469 00:27:59,359 --> 00:28:02,480 Speaker 4: real musician behind the Blues Brothers, and that would give 470 00:28:02,520 --> 00:28:04,400 Speaker 4: them a whole new audience and a whole new generation 471 00:28:04,520 --> 00:28:11,240 Speaker 4: and a whole more mainstream following. It's an incredible, incredible 472 00:28:11,400 --> 00:28:15,720 Speaker 4: life of an incredible man. I met him when I 473 00:28:15,840 --> 00:28:19,880 Speaker 4: had come for an event that WLAC, which Dan endhim 474 00:28:19,920 --> 00:28:23,280 Speaker 4: at the time was the market manager, and he said, look, 475 00:28:23,480 --> 00:28:26,320 Speaker 4: we got a lot of momentum for you in Nashville. 476 00:28:26,480 --> 00:28:28,639 Speaker 4: Why don't you come here and we'll do a listener event. 477 00:28:29,200 --> 00:28:30,920 Speaker 4: And I'd only been on the air for a few months, 478 00:28:30,920 --> 00:28:33,240 Speaker 4: but I was really excited. I was getting a lot 479 00:28:33,240 --> 00:28:35,240 Speaker 4: of emails. I remember Eddie Raven sent me an email 480 00:28:35,320 --> 00:28:38,520 Speaker 4: like a week after we were on the air, and 481 00:28:38,640 --> 00:28:43,120 Speaker 4: all these folks from Nashville were reaching out and saying, 482 00:28:43,120 --> 00:28:46,440 Speaker 4: we love your show here, and so I thought, well, 483 00:28:46,600 --> 00:28:48,600 Speaker 4: I don't want to do an event and nobody shows up. 484 00:28:48,600 --> 00:28:49,240 Speaker 1: That looks bad. 485 00:28:50,360 --> 00:28:53,600 Speaker 4: So I waited about another month and finally I said, 486 00:28:53,600 --> 00:28:54,440 Speaker 4: all right, we'll do. 487 00:28:54,400 --> 00:28:56,680 Speaker 1: It, and we were going to do it. 488 00:28:56,680 --> 00:28:59,480 Speaker 4: I don't remember where exactly, but it turned out the 489 00:28:59,520 --> 00:29:01,920 Speaker 4: response they were getting at the station was big enough 490 00:29:01,920 --> 00:29:05,360 Speaker 4: that they said we need a bigger venue. So for 491 00:29:05,400 --> 00:29:07,560 Speaker 4: the first one we did, we didn't have a musical act. 492 00:29:07,600 --> 00:29:10,280 Speaker 4: We would later do that, but I just they would 493 00:29:10,320 --> 00:29:12,880 Speaker 4: just come out and meet Michael Berry. And so people 494 00:29:12,920 --> 00:29:14,880 Speaker 4: brought stuff for me to sign, which is silly because 495 00:29:14,880 --> 00:29:17,240 Speaker 4: I don't feel like I should be signing autographs and 496 00:29:17,280 --> 00:29:18,800 Speaker 4: then shake your hand and take a photo. 497 00:29:19,520 --> 00:29:23,040 Speaker 1: Well, the lines snaked down the road and it was hot. 498 00:29:23,160 --> 00:29:26,560 Speaker 4: It was a summer day, and our market manager at 499 00:29:26,560 --> 00:29:29,240 Speaker 4: the time, Dan Inham, come in. He said, hey, Steve 500 00:29:29,320 --> 00:29:32,960 Speaker 4: Cropper's here and he was standing out in the heat. 501 00:29:33,200 --> 00:29:34,840 Speaker 4: And I said, well, go get him and bring him 502 00:29:34,840 --> 00:29:37,760 Speaker 4: in and he said, he said, he doesn't want to. 503 00:29:37,840 --> 00:29:39,920 Speaker 4: He said he needs to wait and line like everyone else. 504 00:29:40,640 --> 00:29:43,320 Speaker 4: So he did. When he got up there where we 505 00:29:43,360 --> 00:29:46,000 Speaker 4: spent some time talking and he said, well, look, you 506 00:29:46,040 --> 00:29:48,480 Speaker 4: need to talk to these people, so here's my number, 507 00:29:48,520 --> 00:29:51,360 Speaker 4: give me a call. I did that night. Got to 508 00:29:51,400 --> 00:29:54,280 Speaker 4: know him and his wife Angel. They came to Houston 509 00:29:54,320 --> 00:29:56,280 Speaker 4: to see us. We went to Nashville to see them, 510 00:29:57,240 --> 00:29:59,280 Speaker 4: and we would text and we would talk a lot. 511 00:29:59,320 --> 00:30:05,120 Speaker 4: He did a concert for me in Houston. He spent 512 00:30:05,400 --> 00:30:08,920 Speaker 4: spent time with us in the studio. We'll post those interviews. 513 00:30:08,960 --> 00:30:10,960 Speaker 4: There are a whole lot of fun but mostly he 514 00:30:11,080 --> 00:30:14,600 Speaker 4: just became a friend and someone that I enjoyed walking 515 00:30:14,720 --> 00:30:19,200 Speaker 4: down the memory lane of his life with him. And 516 00:30:19,240 --> 00:30:22,520 Speaker 4: there's constant I'm always watching music video of music documentaries, 517 00:30:23,040 --> 00:30:25,120 Speaker 4: and there are constant there. He is constantly popping up 518 00:30:25,200 --> 00:30:27,840 Speaker 4: and text him crop I didn't know you worked with 519 00:30:27,880 --> 00:30:30,400 Speaker 4: this guy, and he was like yeah, And he would 520 00:30:30,400 --> 00:30:34,760 Speaker 4: tell me stories about So he'd be on tour and it's, ah, 521 00:30:34,960 --> 00:30:36,680 Speaker 4: let me figure out what time it is in Houston, 522 00:30:36,720 --> 00:30:39,960 Speaker 4: but right now it's it's one o'clock in the morning 523 00:30:40,720 --> 00:30:43,680 Speaker 4: in London and I'm over here playing with the animals. 524 00:30:44,120 --> 00:30:46,120 Speaker 4: And he loved playing with the animals because he got 525 00:30:46,120 --> 00:30:47,760 Speaker 4: to play House of the Rise and Sun and that 526 00:30:47,840 --> 00:30:50,400 Speaker 4: was one of his favorite songs to play. And one 527 00:30:50,400 --> 00:30:53,240 Speaker 4: time he texted me and he was in Dallas and 528 00:30:53,280 --> 00:30:56,200 Speaker 4: he was with h who is a dom Doom Doom, 529 00:30:56,240 --> 00:30:59,000 Speaker 4: Doom doom. What's the guy's name that does the tube 530 00:30:59,000 --> 00:30:59,880 Speaker 4: out of his mouth? 531 00:31:00,080 --> 00:31:00,640 Speaker 1: And uh. 532 00:31:03,360 --> 00:31:05,640 Speaker 4: Oh, shoot, what's his name? You know what I'm talking about? 533 00:31:06,920 --> 00:31:07,680 Speaker 4: Peter Frampton. 534 00:31:08,120 --> 00:31:09,840 Speaker 1: Dog. I can't stand when I can't remember names. 535 00:31:10,280 --> 00:31:14,880 Speaker 4: And Frampton was doing this thing, Frampton and his band 536 00:31:14,920 --> 00:31:15,760 Speaker 4: of guitars or so. 537 00:31:15,880 --> 00:31:18,280 Speaker 1: I can't remember what it was called, but it was, you. 538 00:31:18,320 --> 00:31:20,880 Speaker 4: Know, Frampton such a legend that he would go on 539 00:31:20,960 --> 00:31:23,840 Speaker 4: tour and it was gonna and Clapton was cycling off 540 00:31:24,200 --> 00:31:28,760 Speaker 4: and Cropper was cycling on. And you talk about guitarists, right, 541 00:31:29,320 --> 00:31:31,760 Speaker 4: but he would have this this group of guitarists on 542 00:31:31,800 --> 00:31:36,440 Speaker 4: stage with him and it was like an all star cast. Anyway, 543 00:31:36,480 --> 00:31:39,600 Speaker 4: a great music legend, a great coach and mentor to 544 00:31:39,680 --> 00:31:41,400 Speaker 4: a lot of other people, helped a lot of other 545 00:31:41,400 --> 00:31:46,040 Speaker 4: people succeed, and a good friend. I know his wife 546 00:31:46,080 --> 00:31:48,479 Speaker 4: angel is h is hurting. 547 00:31:48,720 --> 00:31:51,080 Speaker 1: He was a real love affair. They were a wonderful couple. 548 00:31:51,760 --> 00:31:57,200 Speaker 4: And his kids and his many friends in music and 549 00:31:57,240 --> 00:32:01,800 Speaker 4: his many, many, many fans of which we all are one. 550 00:32:02,320 --> 00:32:04,120 Speaker 4: Rest in peace, Steve Cropper, great Man,