1 00:00:03,960 --> 00:00:11,879 Speaker 1: It's that time, time, time, time, luck and load. Michael 2 00:00:11,960 --> 00:00:16,800 Speaker 1: darry Show is on the air. You love is the 3 00:00:16,840 --> 00:00:18,480 Speaker 1: greatest thing in the world. 4 00:00:18,680 --> 00:00:19,560 Speaker 2: But that's not what he said. 5 00:00:19,760 --> 00:00:23,279 Speaker 3: He distinctively said to blave, and as we all know, 6 00:00:23,400 --> 00:00:25,040 Speaker 3: to blave means to bluff. 7 00:00:25,760 --> 00:00:30,240 Speaker 2: So you're probably playing cards and he cheated, Lia liar. 8 00:00:33,080 --> 00:00:58,560 Speaker 4: You can't and there ain't no way, Joe. 9 00:01:01,360 --> 00:01:04,560 Speaker 3: We just basically follow the money. You know, we look 10 00:01:04,560 --> 00:01:07,920 Speaker 3: at the presence executive voters, and we also just follow 11 00:01:07,959 --> 00:01:11,560 Speaker 3: the money. So we started looking closely at usc I 12 00:01:11,640 --> 00:01:15,240 Speaker 3: D because they were completely violating the presence executive voters 13 00:01:15,720 --> 00:01:19,400 Speaker 3: to suspend h foreign foreign aid you know, which what's 14 00:01:19,400 --> 00:01:22,080 Speaker 3: called foreign aid, but in our view is a lot 15 00:01:22,080 --> 00:01:26,840 Speaker 3: of corruption. We post the receipts, so it's like this, 16 00:01:27,000 --> 00:01:28,840 Speaker 3: this action has been taken, This action has been taken. 17 00:01:29,080 --> 00:01:32,480 Speaker 3: So when when we get criticism, we say, like of 18 00:01:32,560 --> 00:01:36,160 Speaker 3: what of what which which aligne do you disagree with? 19 00:01:36,560 --> 00:01:39,399 Speaker 3: Like which which cut? Which cut? Which cost saving do 20 00:01:39,480 --> 00:01:42,360 Speaker 3: you disagree with? And the people usually can't think of. 21 00:01:42,319 --> 00:01:47,400 Speaker 5: Any There are people who are charged with trying to 22 00:01:47,480 --> 00:01:50,800 Speaker 5: find savings. So yes, it's an attack on government, but 23 00:01:50,840 --> 00:01:53,320 Speaker 5: it's also an attack on this government. What I mean 24 00:01:53,320 --> 00:01:56,160 Speaker 5: by that is it's an attack on this government that 25 00:01:56,320 --> 00:01:58,440 Speaker 5: used to be headed by a black man. It's an 26 00:01:58,440 --> 00:02:02,080 Speaker 5: attack on this government that almost elected a black woman 27 00:02:02,200 --> 00:02:04,400 Speaker 5: for the highest office in the land. It's an attack 28 00:02:04,440 --> 00:02:07,160 Speaker 5: on a government that has been more welcoming and more 29 00:02:07,200 --> 00:02:09,840 Speaker 5: supportive of people who have come to this country and 30 00:02:09,880 --> 00:02:17,679 Speaker 5: search for a better life. 31 00:02:18,400 --> 00:02:18,840 Speaker 6: Thank you. 32 00:02:38,040 --> 00:02:38,320 Speaker 4: Those. 33 00:02:38,520 --> 00:02:41,920 Speaker 6: Chairwoman Marjorie Taylor Green started this hearing by saying that 34 00:02:41,919 --> 00:02:45,280 Speaker 6: life saving food programs should still be running. We have 35 00:02:45,400 --> 00:02:48,320 Speaker 6: paid for the food and we have shifted and it 36 00:02:48,400 --> 00:02:52,680 Speaker 6: is sitting trapped in the warehouse because DOGE is blocking 37 00:02:52,720 --> 00:02:55,520 Speaker 6: the payments needed to get the food out to the 38 00:02:55,560 --> 00:02:59,799 Speaker 6: people who need it. So here's what that means. It 39 00:03:00,120 --> 00:03:03,720 Speaker 6: means that kids are dying and more will die tomorrow 40 00:03:04,360 --> 00:03:09,600 Speaker 6: of severe acute malnutrition. If you want nightmares, just google 41 00:03:10,160 --> 00:03:14,000 Speaker 6: severe acute malnutrition and look at the photos. The way 42 00:03:14,040 --> 00:03:17,720 Speaker 6: that healthcare workers determine if a kid is dying of 43 00:03:17,760 --> 00:03:22,040 Speaker 6: this is they measure their bicep, and if their bicep 44 00:03:22,160 --> 00:03:26,360 Speaker 6: is less than four and a half inches around, then 45 00:03:26,400 --> 00:03:31,200 Speaker 6: that means you could die of starvation tomorrow. Think of 46 00:03:31,240 --> 00:03:35,480 Speaker 6: a kid's arm fitting through this hole. Think of your 47 00:03:35,560 --> 00:03:39,760 Speaker 6: kid's arm fitting through this hole. These kids could die 48 00:03:40,440 --> 00:03:42,360 Speaker 6: tomorrow without objection. 49 00:03:42,720 --> 00:03:45,960 Speaker 7: And I'm entering for the record posts from the World 50 00:03:46,040 --> 00:03:49,960 Speaker 7: Food Program that states, we can confirm that the recent 51 00:03:50,040 --> 00:03:55,520 Speaker 7: pause concerning in kind food assistants to WFP purchase from 52 00:03:55,640 --> 00:03:59,000 Speaker 7: US farmers with Title two funds has been rescinded. This 53 00:03:59,080 --> 00:04:02,400 Speaker 7: allows for the resissumption of food purchases and deliveries under 54 00:04:02,440 --> 00:04:07,600 Speaker 7: existing USAID agreements. It also enables WFP to continue working 55 00:04:07,640 --> 00:04:10,240 Speaker 7: with our NGO partners, who play a vital role in 56 00:04:10,280 --> 00:04:15,840 Speaker 7: distributing emergency food assistants to people affected by war, floods, droughts, 57 00:04:15,880 --> 00:04:17,559 Speaker 7: and other disasters around the world. 58 00:04:24,160 --> 00:04:26,440 Speaker 2: The Falk radio listens tend to be the most informed 59 00:04:26,440 --> 00:04:32,760 Speaker 2: of them all. You choose not to whistle a song 60 00:04:33,839 --> 00:04:38,080 Speaker 2: fast graveyard on your way home, not to just listen 61 00:04:38,120 --> 00:04:43,360 Speaker 2: to music, not to call up talk to your buddy, 62 00:04:44,480 --> 00:04:47,880 Speaker 2: all of which would be reasonable ways to blow off 63 00:04:47,880 --> 00:04:51,800 Speaker 2: some steam on your way home from work, or to work, 64 00:04:51,880 --> 00:04:56,279 Speaker 2: or to pick up the kids to school. But you, 65 00:04:57,080 --> 00:05:02,240 Speaker 2: because you understand that a democratic republic requires you, the boss, 66 00:05:02,279 --> 00:05:05,560 Speaker 2: the board of directors to stay on top of the 67 00:05:05,560 --> 00:05:09,000 Speaker 2: people you elected because they can't be trusted because of 68 00:05:09,080 --> 00:05:15,520 Speaker 2: human nature. Well, you knew better than most, but most 69 00:05:15,760 --> 00:05:21,320 Speaker 2: everybody understood things were not right in America. Now, some 70 00:05:21,360 --> 00:05:24,479 Speaker 2: people didn't understand why they weren't right, how they got there, 71 00:05:24,680 --> 00:05:27,960 Speaker 2: There's a lot that goes into that. But people had 72 00:05:27,960 --> 00:05:33,160 Speaker 2: a genuine understanding that things were wrong, that what we 73 00:05:33,160 --> 00:05:36,720 Speaker 2: were seeing and feeling and experiencing in our schools, at workplaces, 74 00:05:36,720 --> 00:05:42,920 Speaker 2: our churches, the streets, things were wrong. And they understood 75 00:05:43,920 --> 00:05:47,560 Speaker 2: that the people who had been populating the government for 76 00:05:47,600 --> 00:05:51,200 Speaker 2: a long time were getting rich and the rest of 77 00:05:51,279 --> 00:05:55,360 Speaker 2: us were not, and that that's not a good thing. 78 00:05:57,160 --> 00:06:00,800 Speaker 2: So then enter Michael Steele. I don't like Michael Steele. 79 00:06:00,839 --> 00:06:04,679 Speaker 2: I've never liked Michael Steele. Michael Steele's claim to fame 80 00:06:05,240 --> 00:06:09,040 Speaker 2: was that he was a black supposed Republican. He was 81 00:06:09,120 --> 00:06:12,000 Speaker 2: lieutenant governor of Maryland, and then he went on to 82 00:06:12,080 --> 00:06:15,080 Speaker 2: be the head of the RNC. Because there are a 83 00:06:15,120 --> 00:06:17,839 Speaker 2: lot of Republicans who are very eager to put black 84 00:06:17,880 --> 00:06:21,560 Speaker 2: people into positions so they can say, CC, we're not racist, 85 00:06:22,360 --> 00:06:24,839 Speaker 2: because what they don't want to do is be called 86 00:06:24,839 --> 00:06:28,039 Speaker 2: a racist. That's the Mitt Romney, Mike Pence, John McCain, 87 00:06:29,279 --> 00:06:34,080 Speaker 2: Jeb Bush mentality. They're scared of being criticized. But Michael 88 00:06:34,120 --> 00:06:36,880 Speaker 2: Steele's never been a guy that liked to you, He's 89 00:06:36,880 --> 00:06:39,720 Speaker 2: never been a guy that liked Trump. He's always been 90 00:06:39,760 --> 00:06:44,640 Speaker 2: a guy who's skated on the color of his skin. 91 00:06:45,440 --> 00:06:47,760 Speaker 2: And if he'd been a Democrat, he'd just blended in 92 00:06:47,800 --> 00:06:50,839 Speaker 2: with everybody else, but he got special attention because he 93 00:06:50,839 --> 00:06:57,120 Speaker 2: was a Republican. Well, he's upset with Elon Musk finding 94 00:06:57,160 --> 00:06:59,840 Speaker 2: all this waste and fraud in our government because he's 95 00:07:00,200 --> 00:07:03,200 Speaker 2: called for an end to it. So now he says, 96 00:07:03,240 --> 00:07:06,520 Speaker 2: this is the ultimate Leave those of us who do 97 00:07:06,600 --> 00:07:13,040 Speaker 2: government to do government. Leave those of us who do 98 00:07:13,120 --> 00:07:19,640 Speaker 2: government to do government. Isn't that amazing? This nation was 99 00:07:19,680 --> 00:07:23,960 Speaker 2: founded on the premise that the citizen was supreme, not 100 00:07:24,040 --> 00:07:30,080 Speaker 2: the monarch, that a citizen would consent to be governed 101 00:07:31,320 --> 00:07:37,480 Speaker 2: and in the process would choose who would do it. 102 00:07:37,480 --> 00:07:41,880 Speaker 2: It's fascinating, fascinating experiment in political science, and it worked. 103 00:07:43,760 --> 00:07:47,680 Speaker 2: And it was intended that people would leave their shop, 104 00:07:48,720 --> 00:07:51,920 Speaker 2: whether they be a blacksmith or a shoe cobbler or 105 00:07:51,960 --> 00:07:58,000 Speaker 2: a baker, or their farm. They would lay down their sickle, 106 00:07:59,040 --> 00:08:03,480 Speaker 2: they would head to the capitol. They would make decisions 107 00:08:03,520 --> 00:08:06,080 Speaker 2: that needed to be made for the common wheel and 108 00:08:06,120 --> 00:08:09,840 Speaker 2: they would come back home. The fact that Michael Steele 109 00:08:09,920 --> 00:08:14,320 Speaker 2: responded to Elon Musk's revelations of all this fraud by saying, 110 00:08:14,920 --> 00:08:18,720 Speaker 2: leave those of us who do government to do government. 111 00:08:19,920 --> 00:08:24,400 Speaker 2: That tells you everything about what was wrong in our 112 00:08:24,400 --> 00:08:27,840 Speaker 2: government and while we had fought in the first Dude 113 00:08:27,880 --> 00:08:32,080 Speaker 2: the Michael Berry Show. The really funny thing about Michael Steele, 114 00:08:33,880 --> 00:08:42,120 Speaker 2: who's the token Republican at MSNBC telling Elon Musk, who's 115 00:08:42,160 --> 00:08:45,480 Speaker 2: just discovered all this fraud and waste in our government 116 00:08:45,920 --> 00:08:50,080 Speaker 2: that everyone knows was there. Everyone knows it, no one 117 00:08:50,120 --> 00:08:54,760 Speaker 2: doubts it. Let those of us who do government do government. 118 00:08:55,840 --> 00:09:03,520 Speaker 2: Isn't that interesting? That's not Elon Musk's way. Elon Musk 119 00:09:03,600 --> 00:09:09,520 Speaker 2: didn't let those who make cars make cars. I'm not 120 00:09:09,559 --> 00:09:17,199 Speaker 2: an electric vehicle guy, but he created in less than 121 00:09:17,240 --> 00:09:23,960 Speaker 2: two decades the most valuable car company in the world. 122 00:09:25,200 --> 00:09:27,240 Speaker 2: And if you've ever been in one of his vehicles, 123 00:09:28,559 --> 00:09:31,120 Speaker 2: I've got friends who have them. But if you've ever 124 00:09:31,120 --> 00:09:35,959 Speaker 2: been in one, you will see features that you say 125 00:09:36,600 --> 00:09:40,679 Speaker 2: to every other car maker, shame on you. Where were you? 126 00:09:40,760 --> 00:09:46,640 Speaker 2: Mercedes Benz for well over one hundred years I'm a 127 00:09:46,640 --> 00:09:50,680 Speaker 2: GM guy myself, so in my family are forward folks. 128 00:09:51,280 --> 00:09:53,760 Speaker 2: We've always been a GM or Ford family. That's just 129 00:09:54,000 --> 00:09:55,040 Speaker 2: it was old fashioned. 130 00:09:55,120 --> 00:09:55,320 Speaker 4: You know. 131 00:09:55,360 --> 00:09:56,880 Speaker 2: We make a lot of jokes about it, but that's 132 00:09:56,920 --> 00:10:05,240 Speaker 2: just who we are. I created something, He created something special, 133 00:10:05,480 --> 00:10:07,960 Speaker 2: and I think when it's all over, he'll be the 134 00:10:08,000 --> 00:10:11,400 Speaker 2: only electric car company standing, when the subsidies are over, 135 00:10:11,520 --> 00:10:14,120 Speaker 2: When when the hype is over, he'll be the last 136 00:10:14,320 --> 00:10:18,000 Speaker 2: electric car company standing. And then and only then will 137 00:10:18,040 --> 00:10:20,880 Speaker 2: they begin to call back some of this value that 138 00:10:20,920 --> 00:10:25,800 Speaker 2: they've lost in their share price. President Trump announcing that 139 00:10:25,840 --> 00:10:32,280 Speaker 2: he's buying a Tesla because well, because they're cool cars, 140 00:10:32,640 --> 00:10:37,520 Speaker 2: but also because you've got these these crazies out there 141 00:10:38,040 --> 00:10:44,680 Speaker 2: blowing up Tesla's, damaging Tesla, stealing Tesla's. You know, I 142 00:10:44,720 --> 00:10:50,080 Speaker 2: guess you could say to Elon Musk with SpaceX, let 143 00:10:50,120 --> 00:10:55,440 Speaker 2: those who do space travel do space travel. It's not 144 00:10:55,600 --> 00:10:59,360 Speaker 2: for you to do it. Well, those who do space 145 00:10:59,400 --> 00:11:06,400 Speaker 2: travel and have for now sixty five years, they couldn't 146 00:11:07,240 --> 00:11:13,200 Speaker 2: land a reusable rocket. No, Elon can't do it every time, 147 00:11:13,880 --> 00:11:17,839 Speaker 2: but he's done it. Nobody else could do it. The 148 00:11:17,880 --> 00:11:21,840 Speaker 2: idea that you could use this equipment again, the idea 149 00:11:21,880 --> 00:11:24,800 Speaker 2: that SpaceX has to go up and save are NASA 150 00:11:24,840 --> 00:11:29,920 Speaker 2: astronauts because NASA couldn't with a multi billion dollar budget 151 00:11:29,920 --> 00:11:34,440 Speaker 2: for all these years and a massive staff. But here, 152 00:11:34,520 --> 00:11:38,360 Speaker 2: with his lean operation and a third of his time, 153 00:11:39,360 --> 00:11:43,160 Speaker 2: Elon could do that. He could have left the payment 154 00:11:43,200 --> 00:11:46,679 Speaker 2: processing system to the experts, but you wouldn't have had PayPal, 155 00:11:46,760 --> 00:11:51,560 Speaker 2: which led to a system by which, especially those who 156 00:11:51,640 --> 00:11:55,120 Speaker 2: don't own a business, can say, hey, you spotted me 157 00:11:55,160 --> 00:11:56,640 Speaker 2: at the bar the other night, can I pay you 158 00:11:56,720 --> 00:12:00,880 Speaker 2: back all the venmos and all that came out of PayPal. 159 00:12:03,120 --> 00:12:06,400 Speaker 2: He could have said that about a number of things. 160 00:12:07,400 --> 00:12:10,720 Speaker 2: They could have said, you know, leave the leave the 161 00:12:10,720 --> 00:12:14,640 Speaker 2: social media sites to the social media people. But he 162 00:12:14,640 --> 00:12:17,480 Speaker 2: wouldn't have saved Tesla. I mean, he wouldn't have saved Twitter. 163 00:12:20,440 --> 00:12:24,320 Speaker 2: Barriers to intrigue are what people who are not good 164 00:12:24,320 --> 00:12:28,520 Speaker 2: at what they do erect around them. In the state 165 00:12:28,520 --> 00:12:32,400 Speaker 2: of Texas, like many other states, we have been in 166 00:12:32,440 --> 00:12:38,040 Speaker 2: the process of repealing stupid regulations that were barriers to infants. 167 00:12:38,040 --> 00:12:41,400 Speaker 2: The state of Texas, you had to have a license 168 00:12:41,440 --> 00:12:48,720 Speaker 2: from the state in order to braid hair well. It's 169 00:12:48,840 --> 00:12:51,960 Speaker 2: known to varying degrees depending on your background. And life 170 00:12:52,000 --> 00:12:57,040 Speaker 2: experiences that braiding hair is for black women and some 171 00:12:57,080 --> 00:13:01,079 Speaker 2: black men a really big deal and it's kind of 172 00:13:01,120 --> 00:13:07,199 Speaker 2: an underground economy. There's no harm done people that, whether 173 00:13:07,240 --> 00:13:10,640 Speaker 2: they be students that are out of class. A lot 174 00:13:10,640 --> 00:13:13,240 Speaker 2: of young women will learn to braive hair and they'll 175 00:13:13,280 --> 00:13:16,319 Speaker 2: make money for their family doing this, and they may 176 00:13:16,360 --> 00:13:18,439 Speaker 2: braive the hair of the women in the apartment complex, 177 00:13:18,520 --> 00:13:20,400 Speaker 2: or the women on that street, or the women in 178 00:13:20,400 --> 00:13:24,960 Speaker 2: that neighborhood. They can't afford a shop, they can't afford 179 00:13:25,000 --> 00:13:29,080 Speaker 2: all that well. Guests who wanted to have regulations to 180 00:13:29,160 --> 00:13:31,960 Speaker 2: keep them out of business, see a lot of these 181 00:13:32,080 --> 00:13:37,040 Speaker 2: barriers to intrigue are what people do to pull the 182 00:13:37,160 --> 00:13:43,080 Speaker 2: ladder up after they get inside. Now that they've achieved 183 00:13:43,080 --> 00:13:44,800 Speaker 2: what they want, they don't want anybody else to have 184 00:13:44,800 --> 00:13:49,000 Speaker 2: that same opportunity. The idea that government would be left 185 00:13:49,080 --> 00:13:52,520 Speaker 2: to those who do government. Kaylee Mcananey on Fox News 186 00:13:52,600 --> 00:13:55,120 Speaker 2: had a great response. You remember she was President Trump's 187 00:13:55,280 --> 00:13:58,440 Speaker 2: press secretary at one point. Now she's on Fox. I 188 00:13:58,480 --> 00:14:00,520 Speaker 2: think she does a very good job. She's very coquitted, 189 00:14:00,960 --> 00:14:04,600 Speaker 2: and she understands policy better than some of the just 190 00:14:04,640 --> 00:14:06,360 Speaker 2: pretty faces. But this was how she. 191 00:14:06,400 --> 00:14:10,040 Speaker 8: Reacted Michael Steele, leave government to those of us who 192 00:14:10,080 --> 00:14:14,040 Speaker 8: do government. Hmm, mister Steele, we tried that, and you 193 00:14:14,160 --> 00:14:17,080 Speaker 8: know what, you gave us thirty six trillion dollars in debt, 194 00:14:17,280 --> 00:14:21,320 Speaker 8: nine point one trillion in inflation, eight million people crossing 195 00:14:21,360 --> 00:14:24,040 Speaker 8: the border, the fall of a country, and the death 196 00:14:24,080 --> 00:14:27,600 Speaker 8: of thirteen heroes, and wars in two others. So we've 197 00:14:27,720 --> 00:14:31,360 Speaker 8: let the government people try and they failed. Now let 198 00:14:31,400 --> 00:14:34,520 Speaker 8: Elon Musk and Donald Trump and rooting against SpaceX for 199 00:14:34,560 --> 00:14:37,240 Speaker 8: those who did that in that SoundBite. They're trying to 200 00:14:37,280 --> 00:14:41,240 Speaker 8: get two astronauts who have been stranded since the Biden 201 00:14:41,320 --> 00:14:46,000 Speaker 8: administration out of space. So don't you dare root against 202 00:14:46,000 --> 00:14:48,240 Speaker 8: SpaceX root for those two astronauts. 203 00:14:48,360 --> 00:14:53,320 Speaker 2: Yeah, that is what you're dealing with, the dark soul 204 00:14:54,360 --> 00:14:58,280 Speaker 2: of defeated Democrats, And that's what Michael Steele is. Michael 205 00:14:58,320 --> 00:15:01,120 Speaker 2: Steele would be a Democrat, but then the whole basis 206 00:15:01,120 --> 00:15:03,560 Speaker 2: of his job would be over as long as he's 207 00:15:03,600 --> 00:15:07,960 Speaker 2: a Republican. MSNBC says, well, as a Republican, you don't approve. 208 00:15:09,200 --> 00:15:11,480 Speaker 2: You know, it's a really interesting thing. Let's leave Elon 209 00:15:11,560 --> 00:15:14,760 Speaker 2: out of this for a moment. Let's even leave Donald 210 00:15:14,760 --> 00:15:17,640 Speaker 2: Trump out because they said, you can't run for president 211 00:15:17,720 --> 00:15:20,200 Speaker 2: unless you've held office before. You had to have been 212 00:15:20,200 --> 00:15:22,480 Speaker 2: a governor or a senator, right, you had to have 213 00:15:22,520 --> 00:15:26,520 Speaker 2: played the game. Look at how many people come from 214 00:15:26,560 --> 00:15:32,120 Speaker 2: outside a system. Look at what Billy Bean did in 215 00:15:32,160 --> 00:15:36,200 Speaker 2: Oakland that led to Moneyball. He wasn't a traditional scout. 216 00:15:37,640 --> 00:15:39,280 Speaker 2: He was a guy that had a life experience and 217 00:15:39,360 --> 00:15:43,560 Speaker 2: a unique perspective. Look at how many people come from 218 00:15:43,600 --> 00:15:46,480 Speaker 2: outside of business. Look at what Steve Jobs who had 219 00:15:46,480 --> 00:15:51,720 Speaker 2: no real training in the computer industry. Look how he 220 00:15:51,800 --> 00:15:55,120 Speaker 2: upended electronics as we know it in a number of 221 00:15:55,160 --> 00:15:58,760 Speaker 2: other things. One thing that bothers the Michael Steeles of 222 00:15:58,800 --> 00:16:05,240 Speaker 2: the world is there are people with exceptional talent who 223 00:16:05,280 --> 00:16:07,640 Speaker 2: can get into your industry and your industry and your 224 00:16:07,680 --> 00:16:11,520 Speaker 2: industry and succeed and sometimes drive. They're just better than you. 225 00:16:12,320 --> 00:16:15,840 Speaker 2: Michael Steele's not the best and brightest. He's a guy 226 00:16:15,880 --> 00:16:20,120 Speaker 2: who got into politics and doesn't want other people getting 227 00:16:20,160 --> 00:16:24,560 Speaker 2: into government because if other people get into government, they're 228 00:16:24,600 --> 00:16:25,200 Speaker 2: better than him. 229 00:16:27,120 --> 00:16:29,800 Speaker 9: Show jello bran pudding pops made with the goodness of 230 00:16:29,840 --> 00:16:30,760 Speaker 9: real jello pudding. 231 00:16:31,880 --> 00:16:36,400 Speaker 2: Airlines in the news of Lake and they beloved Texas 232 00:16:36,440 --> 00:16:41,280 Speaker 2: Airline Southwest Airlines founded by a great American by the 233 00:16:41,320 --> 00:16:45,240 Speaker 2: name of Herb Kellahair. Herb was a lawyer wanted to 234 00:16:45,240 --> 00:16:49,400 Speaker 2: create an airline, and it turned out that there were 235 00:16:49,400 --> 00:16:51,960 Speaker 2: other people in the airline industry similar to what we've 236 00:16:51,960 --> 00:16:55,000 Speaker 2: been talking about, who didn't want that airline to be 237 00:16:55,040 --> 00:17:00,240 Speaker 2: created because it might be better than them. They feared competition. 238 00:17:01,320 --> 00:17:04,720 Speaker 2: So Herb kellaher tells the story that he would go 239 00:17:04,720 --> 00:17:07,600 Speaker 2: to court all day and then come home from court 240 00:17:07,640 --> 00:17:09,800 Speaker 2: where he had to represent his airline himself, a fledgling 241 00:17:09,800 --> 00:17:13,240 Speaker 2: little airline called Southwest Airlines. He would come home or 242 00:17:13,240 --> 00:17:14,679 Speaker 2: he'd come back to the office after it being at 243 00:17:14,680 --> 00:17:17,080 Speaker 2: court all day, and then he'd have to make the 244 00:17:17,160 --> 00:17:21,760 Speaker 2: business decisions of running the airline. The airline at the 245 00:17:21,800 --> 00:17:25,679 Speaker 2: time consisted of Houston, Dallas, sent and Tone and it 246 00:17:25,760 --> 00:17:29,359 Speaker 2: ran that triangle and they'd use the same plane. A 247 00:17:29,400 --> 00:17:33,560 Speaker 2: plane would start the day in Houston, go to Dallas, unload, 248 00:17:34,000 --> 00:17:36,680 Speaker 2: put up, pick up more people, go to San Antone, unload, 249 00:17:36,680 --> 00:17:39,480 Speaker 2: pick up more people. Come back to Houston, unload, pick 250 00:17:39,520 --> 00:17:45,560 Speaker 2: up more people. It was a commuter plane at a 251 00:17:45,600 --> 00:17:51,400 Speaker 2: low price point, but a real kind of catchy optimism 252 00:17:51,960 --> 00:17:56,680 Speaker 2: and joy to the way the planes were maintained, painted, 253 00:17:57,080 --> 00:18:00,760 Speaker 2: the way the staff treated you. I remember a guy plane, 254 00:18:01,320 --> 00:18:03,879 Speaker 2: a pilot getting on one time years ago. It was 255 00:18:03,880 --> 00:18:05,800 Speaker 2: the only airline I would fly, was so loyal to them, 256 00:18:06,359 --> 00:18:10,200 Speaker 2: and the fellow we were on the runway for a 257 00:18:10,200 --> 00:18:11,479 Speaker 2: little while. He said, so, if y'all don't mind, I'd 258 00:18:11,520 --> 00:18:14,280 Speaker 2: like to pricee my harmonica, and he went into a 259 00:18:14,359 --> 00:18:17,880 Speaker 2: John Denver. It was, thank god, I'm a country boy. 260 00:18:17,920 --> 00:18:20,160 Speaker 2: That had everybody on the plane singing and laughing for 261 00:18:20,200 --> 00:18:22,800 Speaker 2: fifteen minutes. We cut up and weren't even angry that 262 00:18:22,840 --> 00:18:25,240 Speaker 2: we were idling on a hot plane. That was the 263 00:18:25,320 --> 00:18:29,960 Speaker 2: kind of charismatic leadership be offer. But the airline is 264 00:18:30,040 --> 00:18:32,359 Speaker 2: kind of it can't compete any longer, being a little 265 00:18:32,359 --> 00:18:35,800 Speaker 2: better than the spirit and the cheap, you know, bucket 266 00:18:35,840 --> 00:18:40,080 Speaker 2: shop airlines, and it's getting beaten by the higher end 267 00:18:40,480 --> 00:18:43,520 Speaker 2: carriers for better quality service and these sorts of things. 268 00:18:43,600 --> 00:18:48,080 Speaker 2: So they've they've eliminated their free bags policy. Used to 269 00:18:48,160 --> 00:18:50,480 Speaker 2: you could check two bags free with the price of 270 00:18:50,520 --> 00:18:52,919 Speaker 2: your ticket, and now they've eliminated that except for frequent 271 00:18:52,920 --> 00:18:55,200 Speaker 2: flyers and business flyers. It was a big deal. They've 272 00:18:55,240 --> 00:18:56,920 Speaker 2: been in the news. That's why I bring that up. 273 00:18:57,800 --> 00:18:59,680 Speaker 2: But airlines have been in the news because just after 274 00:18:59,680 --> 00:19:02,480 Speaker 2: present and Trump is elected, before even has his team 275 00:19:02,520 --> 00:19:05,240 Speaker 2: around him, we had that horrible crash over Reagan in 276 00:19:05,359 --> 00:19:11,520 Speaker 2: d C. And questions have arisen with regard to the 277 00:19:11,640 --> 00:19:14,439 Speaker 2: FAA and who is at fault and the Democrats, who 278 00:19:14,440 --> 00:19:17,000 Speaker 2: are very good at blaming other people for their failures. 279 00:19:18,160 --> 00:19:21,080 Speaker 2: The bureaucracy has failed, and a big part of that 280 00:19:21,240 --> 00:19:24,959 Speaker 2: is DEI, which has caused it to die. So the 281 00:19:25,040 --> 00:19:29,720 Speaker 2: CEO of United Airlines, Scott Kirby, was asked about the 282 00:19:29,760 --> 00:19:35,159 Speaker 2: Trump administration and they were teeing him up to criticize Trump, 283 00:19:36,160 --> 00:19:38,919 Speaker 2: and let's just say he didn't do that. Here's what 284 00:19:38,960 --> 00:19:39,600 Speaker 2: he had to say. 285 00:19:39,880 --> 00:19:42,959 Speaker 9: The FAA is by far our biggest challenge. 286 00:19:43,240 --> 00:19:43,680 Speaker 4: The FAA. 287 00:19:44,280 --> 00:19:48,680 Speaker 9: Yeah, yeah, the FA today is well. On blue sky days. 288 00:19:48,760 --> 00:19:50,800 Speaker 9: Last year, so days with no weather in the system, 289 00:19:51,240 --> 00:19:53,720 Speaker 9: we sixty eight percent of our delays were because of air. 290 00:19:53,720 --> 00:19:54,840 Speaker 2: Traffic control restrictions. 291 00:19:54,960 --> 00:19:58,879 Speaker 9: Still, we're operating on technology that's written in Poetran in 292 00:19:58,920 --> 00:20:03,360 Speaker 9: Cobal is decades old. I joked once when we did 293 00:20:03,400 --> 00:20:06,040 Speaker 9: a cyber review at our board and somebody asked about 294 00:20:06,080 --> 00:20:08,040 Speaker 9: what about the FA, and I said, sort of tongue 295 00:20:08,040 --> 00:20:09,760 Speaker 9: in cheek like, I don't think that they'll worry about 296 00:20:09,760 --> 00:20:12,119 Speaker 9: that because there's no hackers. The languages that those programs 297 00:20:12,160 --> 00:20:16,199 Speaker 9: are written in, it's quite not true. But but you know, 298 00:20:16,240 --> 00:20:18,920 Speaker 9: the technology is decades old. And even worse, there's three 299 00:20:18,960 --> 00:20:21,760 Speaker 9: thousand controllers. Short's supposed to be thirteen thousand controllers and 300 00:20:21,800 --> 00:20:25,480 Speaker 9: there's three thousand short. New York is fifty four percent understaff. 301 00:20:25,480 --> 00:20:28,200 Speaker 9: We have a delay in New York every single day, 302 00:20:28,359 --> 00:20:30,840 Speaker 9: no matter what the weather is, because they're simply understaff. 303 00:20:30,920 --> 00:20:32,159 Speaker 2: Denver, you know, one of. 304 00:20:32,119 --> 00:20:34,920 Speaker 9: The busiest airports in the country. We're supposed to operate 305 00:20:34,960 --> 00:20:37,639 Speaker 9: one hundred and four operations per hour. Last year, you 306 00:20:37,640 --> 00:20:40,280 Speaker 9: know how many hours it operated at that zero. It 307 00:20:40,359 --> 00:20:43,919 Speaker 9: never got to its operations because it's just understaffed. And 308 00:20:44,040 --> 00:20:47,320 Speaker 9: last year the FA hired the maximum number that they 309 00:20:47,400 --> 00:20:49,399 Speaker 9: only have one facility to training controllers can only do 310 00:20:49,440 --> 00:20:52,040 Speaker 9: eighteen hundred year. They hired the maximum number, but between 311 00:20:52,200 --> 00:20:55,320 Speaker 9: washouts and retirements, they ended the year with a net 312 00:20:55,359 --> 00:20:57,399 Speaker 9: new thirty six controllers. So it's going to take this 313 00:20:57,480 --> 00:20:57,919 Speaker 9: a century. 314 00:20:58,119 --> 00:21:00,639 Speaker 2: Thirty six thirty six and three short. 315 00:21:01,760 --> 00:21:04,280 Speaker 9: I do think that that's about And facilities is another thing, 316 00:21:04,320 --> 00:21:06,320 Speaker 9: you know, radars that are forty fifty years old. The 317 00:21:06,400 --> 00:21:09,720 Speaker 9: FA spends ninety two percent of their investment budget fill 318 00:21:09,760 --> 00:21:11,800 Speaker 9: facilities and equipment budget on maintenance. How many people in 319 00:21:11,840 --> 00:21:13,600 Speaker 9: this shot has been ninety two percent of your budget 320 00:21:13,800 --> 00:21:16,960 Speaker 9: on maintaining old facilities as opposed to investing in nobody. 321 00:21:17,040 --> 00:21:17,960 Speaker 2: It should be the inverse. 322 00:21:18,680 --> 00:21:21,760 Speaker 9: But on those three areas, facilities, technology, and people, you know, 323 00:21:21,840 --> 00:21:25,840 Speaker 9: Secretary Duffy I think is committed to fixing it. There's 324 00:21:26,520 --> 00:21:29,760 Speaker 9: support within the administration. There's support on both sides of 325 00:21:29,800 --> 00:21:32,840 Speaker 9: the aisle. Support at the dot I think to actually, 326 00:21:33,080 --> 00:21:35,280 Speaker 9: I think, I think, for the first time in twenty years, 327 00:21:35,320 --> 00:21:38,080 Speaker 9: I feel like we have the right. 328 00:21:38,520 --> 00:21:40,320 Speaker 2: I think there's also support among the customers. 329 00:21:40,440 --> 00:21:42,480 Speaker 9: Well, and that's that's where you know what happens with 330 00:21:42,480 --> 00:21:44,840 Speaker 9: the FAA. You know, there's sometimes there's questions about safety. 331 00:21:44,880 --> 00:21:47,159 Speaker 9: The FA doesn't when they're short staff. It doesn't make 332 00:21:47,160 --> 00:21:49,119 Speaker 9: it less safe. What they do is slow down. They 333 00:21:49,200 --> 00:21:52,560 Speaker 9: fortunately cancel flights, they delay flights to keep it safe. 334 00:21:52,760 --> 00:21:53,879 Speaker 2: But it impacts all of you. 335 00:21:54,280 --> 00:21:57,440 Speaker 9: I mean, that's sixty eight percent of delays when there 336 00:21:57,440 --> 00:21:59,920 Speaker 9: was no weather involved. Is indicative of the amount of 337 00:22:00,440 --> 00:22:03,920 Speaker 9: impact it has on customers burnsmore fuel. That's more carbon 338 00:22:03,920 --> 00:22:05,119 Speaker 9: than that. Like everything about it is. 339 00:22:05,160 --> 00:22:12,320 Speaker 2: Dad, So what's interesting there is Michael Steele would say, 340 00:22:12,560 --> 00:22:16,960 Speaker 2: let those who do government do government. You stay out 341 00:22:17,040 --> 00:22:20,440 Speaker 2: of it. Does it sound like those who are doing 342 00:22:20,480 --> 00:22:25,160 Speaker 2: government or doing a good job when Scott Kirby tells 343 00:22:25,240 --> 00:22:29,400 Speaker 2: you sixty eight percent of our delays on what they 344 00:22:29,400 --> 00:22:32,240 Speaker 2: call blue sky days, days where the weather is not 345 00:22:32,280 --> 00:22:36,359 Speaker 2: causing a delay, because that's understandable, sixty eight percent of 346 00:22:36,359 --> 00:22:40,159 Speaker 2: our delays are not. Our plane wasn't ready, our staff 347 00:22:40,200 --> 00:22:43,160 Speaker 2: wasn't in place, We couldn't get the people in their seats, 348 00:22:44,000 --> 00:22:45,160 Speaker 2: couldn't get the door closed. 349 00:22:46,000 --> 00:22:46,479 Speaker 4: It was. 350 00:22:46,760 --> 00:22:48,240 Speaker 2: And how many of you had this happen? Because I've 351 00:22:48,240 --> 00:22:51,000 Speaker 2: had a lot of friends having this happen. You're sitting 352 00:22:51,080 --> 00:22:55,399 Speaker 2: on the tarmac and the pilot because he works for 353 00:22:55,600 --> 00:22:58,480 Speaker 2: United or whatever other I learned, I only fly United, 354 00:22:58,480 --> 00:23:00,840 Speaker 2: so I hear this a lot. You're sitting on the 355 00:23:01,240 --> 00:23:06,560 Speaker 2: runway and he says, guys, I'm sorry, we haven't been cleared. 356 00:23:07,400 --> 00:23:10,320 Speaker 2: I don't know why we haven't been cleared. We're just 357 00:23:10,359 --> 00:23:12,520 Speaker 2: going to wait here for a moment. As soon as 358 00:23:12,560 --> 00:23:15,680 Speaker 2: we can get ourselves, you know, wedged in there, we'll 359 00:23:15,680 --> 00:23:17,439 Speaker 2: get up in the air. We'll do our best to 360 00:23:17,480 --> 00:23:21,200 Speaker 2: fly faster, which means burns more fuel. We'll do our 361 00:23:21,200 --> 00:23:23,760 Speaker 2: best to get you there on time. But what they're 362 00:23:23,800 --> 00:23:28,000 Speaker 2: doing is letting you know this isn't a United Airlines problem, 363 00:23:29,240 --> 00:23:32,760 Speaker 2: This isn't air traffic control. This is an FAA problem. Now, 364 00:23:33,840 --> 00:23:37,919 Speaker 2: why doesn't FAA have the staffing in place to handle 365 00:23:37,960 --> 00:23:41,879 Speaker 2: what we know are their needs. Oh, there are people 366 00:23:41,920 --> 00:23:45,639 Speaker 2: out there with the capability of doing the job. There 367 00:23:45,640 --> 00:23:48,360 Speaker 2: are people who are willing to do the job at 368 00:23:48,400 --> 00:23:51,760 Speaker 2: the price that is offered, the pay scale that is offered. 369 00:23:52,960 --> 00:23:55,960 Speaker 2: There are people whose dream is to be an FAA controller, 370 00:23:56,920 --> 00:23:59,960 Speaker 2: air traffic controller. They're dreamed, they've dream to the certain 371 00:24:00,080 --> 00:24:04,720 Speaker 2: tired lives. They're aviation nuts. Aviation people are like old 372 00:24:04,760 --> 00:24:08,480 Speaker 2: car people, are like gun people. They're just certain like foodies. 373 00:24:08,680 --> 00:24:11,199 Speaker 2: They're just certain people who live for this sort of stuff. 374 00:24:12,760 --> 00:24:17,520 Speaker 2: But unfortunately they're white males, and the FAA didn't want 375 00:24:17,520 --> 00:24:19,880 Speaker 2: to hire white males. There's a guy with the lawsuit 376 00:24:19,960 --> 00:24:22,080 Speaker 2: right now, he's gonna win it. What I understand, he's 377 00:24:22,080 --> 00:24:24,800 Speaker 2: got a great case, came out number one in his 378 00:24:24,880 --> 00:24:28,040 Speaker 2: class to be an air traffic control they didn't hire 379 00:24:28,119 --> 00:24:31,120 Speaker 2: him because he's a white Mary. These are the results. 380 00:24:31,240 --> 00:24:34,080 Speaker 2: There are consequences. You know, everybody wants to be nice 381 00:24:34,119 --> 00:24:36,000 Speaker 2: to the white Criberral and they're craziness. There are real 382 00:24:36,040 --> 00:24:47,400 Speaker 2: consequences to this. The Michael Barry Show, President Trumps nobody 383 00:24:47,680 --> 00:24:52,720 Speaker 2: planned to make America great again has been so far 384 00:24:52,720 --> 00:25:00,879 Speaker 2: a smooth sailing. When you come in and drive the 385 00:25:00,960 --> 00:25:05,439 Speaker 2: evil out of the temple as Christ did, it's a 386 00:25:05,480 --> 00:25:09,040 Speaker 2: win win when you come in and do away with DEI. 387 00:25:09,320 --> 00:25:13,040 Speaker 2: The only people screaming are the people having to admit 388 00:25:14,440 --> 00:25:19,880 Speaker 2: that they're addicted to a bad philosophy. What we've seen 389 00:25:20,000 --> 00:25:28,720 Speaker 2: so far has been easy to stomach, delightful actually. But 390 00:25:28,800 --> 00:25:35,040 Speaker 2: America's problems are so deep, and the people who benefit 391 00:25:35,359 --> 00:25:42,920 Speaker 2: from those problematic things are so powerful that in order 392 00:25:43,000 --> 00:25:47,800 Speaker 2: to slay this dragon, you're going to get cut. It's 393 00:25:47,840 --> 00:25:51,320 Speaker 2: going to be some pain, and it's going to be 394 00:25:51,359 --> 00:25:55,720 Speaker 2: interesting to see if Americans are willing to stay the course. 395 00:25:57,840 --> 00:26:04,360 Speaker 2: You've probably noticed the stock market has been down, and 396 00:26:04,520 --> 00:26:08,200 Speaker 2: I'll quote to you. I closed our show this morning 397 00:26:08,200 --> 00:26:12,119 Speaker 2: with this because I thought it was very important. President 398 00:26:12,160 --> 00:26:20,520 Speaker 2: Trump's Treasury Secretary Scott Besson. He said the market and 399 00:26:20,600 --> 00:26:30,400 Speaker 2: the economy have become hooked, become addicted to excessive government spending, 400 00:26:32,200 --> 00:26:37,320 Speaker 2: and there's going to be a detox period. If you've 401 00:26:37,359 --> 00:26:40,959 Speaker 2: known anyone who suffered addiction, and most of us have, 402 00:26:41,160 --> 00:26:45,560 Speaker 2: most of us know someone who has suffered addiction, you 403 00:26:45,720 --> 00:26:50,440 Speaker 2: know that between the moment where you say, step A, 404 00:26:51,320 --> 00:26:56,919 Speaker 2: there's a problem, step B, we're going to fix it. 405 00:26:57,960 --> 00:27:06,000 Speaker 2: Step C. It is that B step that's painful. That's withdrawals, 406 00:27:07,440 --> 00:27:12,399 Speaker 2: that's disassociation from the wrong kind of people. That's maybe 407 00:27:12,400 --> 00:27:18,280 Speaker 2: losing your job, maybe moving, that's changing your in many 408 00:27:18,280 --> 00:27:20,520 Speaker 2: cases your circle of friends because all y'all had in 409 00:27:20,560 --> 00:27:24,200 Speaker 2: common was drinking or drugs or gambling or whatever else. 410 00:27:25,200 --> 00:27:28,560 Speaker 2: That's a painful process and you've got to go through 411 00:27:28,600 --> 00:27:32,920 Speaker 2: that fire to get to see. We're entering into B 412 00:27:33,160 --> 00:27:36,320 Speaker 2: right now, and that's going to mean a lot of things. 413 00:27:36,520 --> 00:27:42,000 Speaker 2: That's going to mean stock market volatility because there are 414 00:27:42,200 --> 00:27:48,719 Speaker 2: companies the market has long rewarded government pumping money into 415 00:27:49,359 --> 00:27:54,720 Speaker 2: our economy. It's inflationary, it creates a number of problems, 416 00:27:55,560 --> 00:27:59,320 Speaker 2: but in the short term it needs more money, and 417 00:27:59,359 --> 00:28:04,760 Speaker 2: so people like that. But there's no free lunch. Then again, 418 00:28:05,800 --> 00:28:07,760 Speaker 2: if you're the guy that eats the free lunch every day. 419 00:28:08,320 --> 00:28:10,680 Speaker 2: You don't find it. There's a free lunch. You don't 420 00:28:10,720 --> 00:28:21,080 Speaker 2: mind the consequences. And so many investors, companies, funds, you 421 00:28:21,200 --> 00:28:26,159 Speaker 2: name it, have grown, as he said, addicted to all 422 00:28:26,200 --> 00:28:28,959 Speaker 2: of this big spending. And so we had a run 423 00:28:29,040 --> 00:28:32,159 Speaker 2: up in stock prices, and everyone loves a run up. 424 00:28:34,000 --> 00:28:36,120 Speaker 2: But then when you start pulling that cash back out 425 00:28:36,119 --> 00:28:42,880 Speaker 2: of the economy, those projections go down, revenues go down. 426 00:28:45,080 --> 00:28:48,720 Speaker 2: You have to suffer a short term pain for the 427 00:28:48,760 --> 00:28:52,760 Speaker 2: long term good. One of the things we know is 428 00:28:53,520 --> 00:28:57,240 Speaker 2: that the tariffs, which are intended to restore a degree 429 00:28:57,280 --> 00:28:59,840 Speaker 2: of balance and fairness on behalf of the American worker 430 00:29:00,040 --> 00:29:04,960 Speaker 2: in the American business, they're going to make imports more expensive. 431 00:29:05,000 --> 00:29:08,080 Speaker 2: There's no doubt about that. But this is the only 432 00:29:08,080 --> 00:29:10,560 Speaker 2: way he gets Mexico and Canada to the table. It's 433 00:29:10,560 --> 00:29:13,640 Speaker 2: the only way he gets China to negotiate, because it'll 434 00:29:13,640 --> 00:29:17,720 Speaker 2: want to. But China is suffering a severe deflation right now, 435 00:29:17,800 --> 00:29:20,800 Speaker 2: the opposite of what we have. China has some real 436 00:29:20,880 --> 00:29:24,320 Speaker 2: problems on their hands. And China is banking on something 437 00:29:24,400 --> 00:29:29,280 Speaker 2: right now that's being called the Birthday Summit. In June, 438 00:29:29,320 --> 00:29:33,280 Speaker 2: she and Trump have a birthday a day apart, so 439 00:29:33,320 --> 00:29:35,440 Speaker 2: it makes for a great pr campaign to put the 440 00:29:35,440 --> 00:29:38,800 Speaker 2: two of them together at the same time. And China 441 00:29:38,920 --> 00:29:43,640 Speaker 2: is scared of what Trump is threatening because tariffs on 442 00:29:43,840 --> 00:29:48,600 Speaker 2: China close off the American market at the price at 443 00:29:48,600 --> 00:29:51,440 Speaker 2: which they are accustomed to, which is where they were thriving. 444 00:29:52,560 --> 00:29:56,520 Speaker 2: He has to use that tool to get the result 445 00:29:56,600 --> 00:29:59,640 Speaker 2: he wants. All right, we're going to talk more about this. 446 00:30:00,160 --> 00:30:05,280 Speaker 2: Let me say this. They've been counting on industry to 447 00:30:05,400 --> 00:30:09,160 Speaker 2: tell Trump that his plans won't work. Here is Roland 448 00:30:09,200 --> 00:30:12,800 Speaker 2: Bush with he's the CEO of Siemens Corporation on Fox 449 00:30:12,840 --> 00:30:17,800 Speaker 2: Business talking about the tariffs and that he understands the 450 00:30:17,840 --> 00:30:20,160 Speaker 2: reasoning behind it. Listen to this six oh nine. 451 00:30:20,800 --> 00:30:23,160 Speaker 10: Are you going to be doing in that shining new 452 00:30:23,160 --> 00:30:23,920 Speaker 10: plant behind you? 453 00:30:24,280 --> 00:30:27,760 Speaker 11: So this plant behind me is producing switchboards. So if 454 00:30:27,760 --> 00:30:31,040 Speaker 11: you want to electify a data center, you need switchboards, 455 00:30:31,400 --> 00:30:34,760 Speaker 11: and this is a huge demand. Each customer has a 456 00:30:34,800 --> 00:30:37,160 Speaker 11: little bit of a different one, and this one assembles 457 00:30:37,240 --> 00:30:43,360 Speaker 11: really perfectly to the quality needs switchboards for data center customers, 458 00:30:43,360 --> 00:30:45,320 Speaker 11: but they go also in other other places. 459 00:30:45,720 --> 00:30:48,600 Speaker 10: Can I just ask you for some clarity? Here are 460 00:30:48,640 --> 00:30:53,000 Speaker 10: these boltons or additions add ons to existing plants. 461 00:30:53,040 --> 00:30:54,800 Speaker 2: I just want it to be clear for our viewers. 462 00:30:55,960 --> 00:30:58,280 Speaker 11: This is a very new plant. So we have another 463 00:30:58,360 --> 00:31:03,000 Speaker 11: plant nearby and Gret Prawrie, this one in Fort Work 464 00:31:03,080 --> 00:31:06,400 Speaker 11: is a brand new one. We along with Ponoma, we 465 00:31:06,480 --> 00:31:10,400 Speaker 11: invested almost three hundred million dollars. This will create nine 466 00:31:10,480 --> 00:31:14,160 Speaker 11: hundred new jobs. These are new capacities which we are 467 00:31:14,160 --> 00:31:16,640 Speaker 11: building up to serve the demand of our customers, which 468 00:31:16,680 --> 00:31:20,480 Speaker 11: is increasing, as you can imagine, because data centers are 469 00:31:20,600 --> 00:31:24,560 Speaker 11: mushrooming because of AI. Technology needs all that compute and 470 00:31:24,600 --> 00:31:27,000 Speaker 11: we are taking care that they can go up and running. 471 00:31:27,240 --> 00:31:28,760 Speaker 10: I just wanted to tell you, as you know, the 472 00:31:28,760 --> 00:31:31,360 Speaker 10: big word of the day here is tariffs, and President 473 00:31:31,400 --> 00:31:35,840 Speaker 10: Trump has threatened very seriously to slap twenty five percent 474 00:31:35,920 --> 00:31:40,000 Speaker 10: tariffs on all European goods coming into the United States. 475 00:31:40,040 --> 00:31:44,240 Speaker 10: He calls them reciprocal tariffs. Does your build out here 476 00:31:44,240 --> 00:31:46,440 Speaker 10: in the United States help you dodge some of that 477 00:31:46,600 --> 00:31:48,280 Speaker 10: or mitigate some of the pain from that. 478 00:31:49,040 --> 00:31:52,600 Speaker 11: Yeah, it does definitively. And I can understand the logic, 479 00:31:52,680 --> 00:31:55,160 Speaker 11: which is all fair, having a level playing field. That's 480 00:31:55,200 --> 00:31:59,440 Speaker 11: good bringing manufacturing back to the United States, creating jobs 481 00:31:59,480 --> 00:32:03,000 Speaker 11: that's good, but also having technological leadership, which is the 482 00:32:03,160 --> 00:32:06,120 Speaker 11: motivation behind, so I can tick the box in all aspects. 483 00:32:06,560 --> 00:32:08,680 Speaker 11: Sometimes this speed is a little bit of a challenge 484 00:32:08,720 --> 00:32:12,440 Speaker 11: because you need to relocate manufacturing. That takes a little 485 00:32:12,440 --> 00:32:15,200 Speaker 11: bit of time. But we did that in the past 486 00:32:15,280 --> 00:32:17,240 Speaker 11: and we will continue to do it in the future. 487 00:32:17,360 --> 00:32:20,240 Speaker 11: So we are local for local Our local for local 488 00:32:20,320 --> 00:32:23,920 Speaker 11: value add IS sits on eighty five eighty five plus percent, 489 00:32:24,200 --> 00:32:26,480 Speaker 11: and we continue to do that. Yet, you come to 490 00:32:26,520 --> 00:32:29,040 Speaker 11: the point if you want to localize and there's not 491 00:32:29,080 --> 00:32:31,880 Speaker 11: only for Semens, but any other company wants to localize 492 00:32:31,880 --> 00:32:34,520 Speaker 11: manufacture United States in a market way of less and 493 00:32:34,600 --> 00:32:38,440 Speaker 11: less labor. Let alone skill the labor. We can help 494 00:32:38,720 --> 00:32:42,080 Speaker 11: and make it as automated as digital as possible. Bring 495 00:32:42,120 --> 00:32:45,880 Speaker 11: the capabilities the it capabilities the United States has on 496 00:32:45,920 --> 00:32:49,160 Speaker 11: the shop floor, so you can leverage these capabilities and 497 00:32:49,240 --> 00:32:51,840 Speaker 11: make it work with newest technology. 498 00:32:51,960 --> 00:32:55,840 Speaker 10: Well, I know Americans appreciate the jobs that you are 499 00:32:55,880 --> 00:33:00,640 Speaker 10: creating in both Fort Worth and Pomona, California. 500 00:33:01,440 --> 00:33:05,200 Speaker 2: You know what's amazing. Look up the issue of reciprocal tariffs. 501 00:33:05,880 --> 00:33:08,680 Speaker 2: Countries are screaming and all Trump is saying is whatever 502 00:33:08,720 --> 00:33:11,160 Speaker 2: tariffs you're putting on our products comming in your country, 503 00:33:11,160 --> 00:33:12,800 Speaker 2: are going to put the same one yours, And they're 504 00:33:12,840 --> 00:33:15,040 Speaker 2: screaming we weren't in a fair trade situation.