1 00:00:00,640 --> 00:00:02,040 Speaker 1: Can't. I am six forty. 2 00:00:02,120 --> 00:00:06,760 Speaker 2: You're listening to the John Cobelt Podcast on the iHeartRadio app. Welcome, 3 00:00:06,800 --> 00:00:09,959 Speaker 2: It's the John Cobelt Show and we're on every day 4 00:00:09,960 --> 00:00:12,399 Speaker 2: from one until four o'clock and then after four o'clock 5 00:00:12,400 --> 00:00:15,520 Speaker 2: it's John Cobelt Show on Demand on the iHeart app. 6 00:00:16,000 --> 00:00:19,240 Speaker 2: And so as soon as our show is over, the 7 00:00:19,280 --> 00:00:22,799 Speaker 2: parts that you missed you can listen to on the 8 00:00:22,840 --> 00:00:26,000 Speaker 2: iHeart app John Cobelt's Show on demand podcast, same as 9 00:00:26,040 --> 00:00:29,960 Speaker 2: the radio show. All Right, we've got an unusual day today. 10 00:00:30,160 --> 00:00:33,560 Speaker 2: We are going to set a personal record on the 11 00:00:33,640 --> 00:00:35,960 Speaker 2: show where we have two US Senators coming on. 12 00:00:36,040 --> 00:00:36,839 Speaker 1: Right are the odds of this? 13 00:00:37,240 --> 00:00:40,720 Speaker 2: We've got Ted Cruz from Texas coming on and Rick 14 00:00:40,800 --> 00:00:43,639 Speaker 2: Scott from Florida. Ted Cruz will be on at one 15 00:00:43,800 --> 00:00:47,720 Speaker 2: thirty second appearance on the show. We interviewed him years 16 00:00:47,720 --> 00:00:49,440 Speaker 2: ago when he was running for president. 17 00:00:49,520 --> 00:00:49,920 Speaker 3: And. 18 00:00:51,800 --> 00:00:55,120 Speaker 2: This is about these they're calling him the Trump accounts. 19 00:00:55,600 --> 00:00:57,880 Speaker 2: This is actually a big deal. This is a good 20 00:00:57,920 --> 00:01:01,560 Speaker 2: time to give birth because for the for the next 21 00:01:02,280 --> 00:01:06,679 Speaker 2: three years and including the past year twenty twenty five, 22 00:01:08,000 --> 00:01:12,400 Speaker 2: newborn babies can get one thousand dollars each and it's invested, 23 00:01:13,080 --> 00:01:16,040 Speaker 2: I guess in the stock market, and you get to 24 00:01:16,120 --> 00:01:18,080 Speaker 2: keep that until you're eighteen, and then you could use 25 00:01:18,120 --> 00:01:20,600 Speaker 2: that for college, or to buy a house someday, or 26 00:01:20,640 --> 00:01:24,679 Speaker 2: start a business. So it's one thousand dollars free just 27 00:01:24,760 --> 00:01:27,319 Speaker 2: for existing. You come out of the shoot and boom, 28 00:01:27,360 --> 00:01:29,479 Speaker 2: you want a prize already. It's a good start to light. 29 00:01:29,600 --> 00:01:31,560 Speaker 2: This was Ted Cruise's idea. So he's going to come 30 00:01:31,600 --> 00:01:33,320 Speaker 2: on to talk about it because it was announced today 31 00:01:33,319 --> 00:01:39,200 Speaker 2: at the White House. Now after two o'clock, Rick Scott, 32 00:01:39,240 --> 00:01:43,160 Speaker 2: the Senator from Florida, we have a really, really bizarre situation. 33 00:01:43,920 --> 00:01:48,880 Speaker 2: We've got two US senators who won easily. Presumably there 34 00:01:48,880 --> 00:01:52,080 Speaker 2: are a lot of people in California who like these 35 00:01:52,120 --> 00:01:55,560 Speaker 2: two guys and think they do a good job. One 36 00:01:55,560 --> 00:02:00,000 Speaker 2: of them is Adam Schiff and the other is Alex. 37 00:02:02,080 --> 00:02:02,360 Speaker 1: Now. 38 00:02:03,120 --> 00:02:05,680 Speaker 2: Schiff has distinguished himself over time by making up all 39 00:02:05,760 --> 00:02:13,000 Speaker 2: kinds of bizarre, wacko conspiracies regarding Russians and Padia. I 40 00:02:13,160 --> 00:02:16,079 Speaker 2: barely heard of this guy. I forgot he was the senator. 41 00:02:16,639 --> 00:02:18,359 Speaker 2: It was one of those blank spots I had when 42 00:02:18,360 --> 00:02:20,120 Speaker 2: I would try to remember, Okay, who's the senator? 43 00:02:20,120 --> 00:02:21,080 Speaker 1: Well, it's you. 44 00:02:21,120 --> 00:02:23,639 Speaker 2: Know it's it was fine steinbarber boxer for a long 45 00:02:23,680 --> 00:02:29,080 Speaker 2: time and then Shift won. But who's the Padilla, Alex Padilla, 46 00:02:31,120 --> 00:02:33,720 Speaker 2: And it's because he's he's a he's a nothing, nobody, 47 00:02:33,840 --> 00:02:38,280 Speaker 2: a cipher, He's like vapor. And then suddenly he became 48 00:02:38,400 --> 00:02:41,160 Speaker 2: very well known when he stormed Christy Nooam's press conference 49 00:02:41,320 --> 00:02:44,240 Speaker 2: back in June during the Ice riots, and he ended 50 00:02:44,320 --> 00:02:47,040 Speaker 2: up getting thrown to the ground by security because he 51 00:02:47,120 --> 00:02:52,280 Speaker 2: was blathering and blustering and not identifying himself. Well, why 52 00:02:52,400 --> 00:03:00,360 Speaker 2: isn't Schiff and and Padilla doing public investigations of of 53 00:03:00,400 --> 00:03:07,400 Speaker 2: the Palisades Fire the Altadena fire? Clearly, Newsom and Bass's 54 00:03:07,800 --> 00:03:14,680 Speaker 2: preparation and response and the aftermath has been one long 55 00:03:14,919 --> 00:03:19,960 Speaker 2: string of disasters, terrible disasters that have brought a lot 56 00:03:20,000 --> 00:03:25,160 Speaker 2: of pain and suffering and death and destruction. And it's 57 00:03:25,200 --> 00:03:29,200 Speaker 2: because of the decisions news and Bass made and continue 58 00:03:29,240 --> 00:03:33,079 Speaker 2: to make. Two year later and hardly anything's been built, 59 00:03:34,760 --> 00:03:38,080 Speaker 2: but Shift and Padia have been nowhere to be found, 60 00:03:38,640 --> 00:03:42,360 Speaker 2: I mean nowhere. I think they each spent a few 61 00:03:42,400 --> 00:03:49,400 Speaker 2: hours last year touring the wreckage and that was it, 62 00:03:50,720 --> 00:03:52,320 Speaker 2: you know, the photo ops, so they could put that 63 00:03:52,400 --> 00:03:55,120 Speaker 2: on their campaign brochures or stick it in a commercial 64 00:03:55,200 --> 00:03:58,280 Speaker 2: to show them commiserating with the suffering people of Outa, 65 00:03:58,360 --> 00:04:02,320 Speaker 2: Dina and the Palisades. Well, Rick Scott, who's a Senator 66 00:04:02,360 --> 00:04:06,560 Speaker 2: from Florida, and also Ron Johnson from Wisconsin. They came 67 00:04:06,600 --> 00:04:09,000 Speaker 2: here and they had a hearing, and they heard a 68 00:04:09,000 --> 00:04:13,600 Speaker 2: couple of months ago from the from the residents, and 69 00:04:13,640 --> 00:04:19,400 Speaker 2: now they are having another hearing was scheduled for today 70 00:04:19,560 --> 00:04:22,520 Speaker 2: on the failures of the state and local government in 71 00:04:22,560 --> 00:04:27,240 Speaker 2: the Palisades wildfire. I mean they could have weeks of 72 00:04:27,320 --> 00:04:29,719 Speaker 2: hearings to go through all the news stories that we've 73 00:04:29,760 --> 00:04:32,000 Speaker 2: covered over the last year. Really, how much material have 74 00:04:32,040 --> 00:04:34,200 Speaker 2: we covered over the last year, and you never hear 75 00:04:34,240 --> 00:04:36,760 Speaker 2: a word from Shift and Padia. And this is what 76 00:04:36,839 --> 00:04:41,159 Speaker 2: I want to ask people, is like, Okay, you're really 77 00:04:41,200 --> 00:04:44,760 Speaker 2: into your party, You're really into your politics, and you're 78 00:04:44,839 --> 00:04:49,320 Speaker 2: voting for your guy, right, this is almost like religious worship. 79 00:04:50,600 --> 00:04:57,119 Speaker 2: You're voting for your Democratic candidate no matter what. Doesn' 80 00:04:57,279 --> 00:04:59,559 Speaker 2: a little part of you. Isn't there a little voice 81 00:04:59,560 --> 00:05:03,880 Speaker 2: in your head that says, hey, how come he doesn't 82 00:05:03,920 --> 00:05:07,719 Speaker 2: seem to care at all about what happened in the 83 00:05:07,720 --> 00:05:16,160 Speaker 2: Palisades and Altadena. No comments, no appearances, no hearings and investigations, nothing. 84 00:05:17,360 --> 00:05:18,000 Speaker 1: Why is that? 85 00:05:19,120 --> 00:05:22,800 Speaker 2: Because they want to protect Gavin Newsom and Karen Bass. 86 00:05:23,320 --> 00:05:26,400 Speaker 2: They don't care about you. They care about the political 87 00:05:26,440 --> 00:05:30,600 Speaker 2: careers of their fellow party mats, which is disgusting and 88 00:05:30,600 --> 00:05:32,760 Speaker 2: I don't want to hear the way politics works, John, 89 00:05:32,960 --> 00:05:38,400 Speaker 2: I don't care. These are people's real lives. They need 90 00:05:38,440 --> 00:05:42,599 Speaker 2: to know why the fire department, not only the local 91 00:05:42,600 --> 00:05:45,200 Speaker 2: fire department, but the state fire department wasn't pre deployed. 92 00:05:46,279 --> 00:05:50,040 Speaker 2: Why was the reaction so bad? Why were somebody lies told? 93 00:05:51,040 --> 00:05:52,760 Speaker 2: What's with the cover up? What's with? 94 00:05:52,920 --> 00:05:53,200 Speaker 1: You know? 95 00:05:54,360 --> 00:05:57,920 Speaker 2: The rewrites of all the reports and the public relations 96 00:05:57,960 --> 00:06:00,640 Speaker 2: agency hired to rewrite the what. 97 00:06:00,600 --> 00:06:00,919 Speaker 1: Is it with? 98 00:06:01,000 --> 00:06:08,280 Speaker 2: Even to this day, Hoimi, what's is? I meeanmore right? 99 00:06:09,120 --> 00:06:11,280 Speaker 2: He still won't answer a question straight. We had him 100 00:06:11,320 --> 00:06:13,400 Speaker 2: on the show for fifteen minutes. You wouldn't answer a question. 101 00:06:13,560 --> 00:06:18,120 Speaker 2: Nobody does, and Shift and Padea are silent. The only 102 00:06:18,200 --> 00:06:23,679 Speaker 2: time Schiff spoke about anything was his Russian conspiracy theories. 103 00:06:24,200 --> 00:06:28,520 Speaker 2: The only time Padea pipes up is over. He's angry 104 00:06:28,520 --> 00:06:33,680 Speaker 2: that illegal aliens are being detained and deported, not interested 105 00:06:33,800 --> 00:06:38,280 Speaker 2: in any of the problems that American taxpayers, American citizens, 106 00:06:38,520 --> 00:06:44,040 Speaker 2: California voters have, like in Altadena at pass and Palisaints 107 00:06:45,480 --> 00:06:49,880 Speaker 2: begs me just absolutely nuts that they get free passes 108 00:06:50,200 --> 00:06:57,120 Speaker 2: from from the people. I mean, there's so much. See 109 00:06:57,120 --> 00:06:59,640 Speaker 2: this is I realized a few years ago that politics 110 00:06:59,680 --> 00:07:02,000 Speaker 2: had become another form of religion. And I can only 111 00:07:02,040 --> 00:07:05,240 Speaker 2: compare it to the Catholic Church, which I grew up in. 112 00:07:05,760 --> 00:07:08,839 Speaker 2: And if you remember years ago, the priest scandals, the 113 00:07:08,880 --> 00:07:14,400 Speaker 2: sex scandals that went on, and for a lot of people, Catholics, 114 00:07:14,600 --> 00:07:16,320 Speaker 2: really devout ones, they didn't want to hear about it. 115 00:07:17,720 --> 00:07:20,040 Speaker 2: They didn't want to know that their their their their 116 00:07:20,080 --> 00:07:26,560 Speaker 2: priest was diddling young boys, that the pastor or the 117 00:07:26,560 --> 00:07:30,920 Speaker 2: bishop was covering it up, that it was really widespread, 118 00:07:31,040 --> 00:07:34,720 Speaker 2: that it was really damaging. I mean, I know when 119 00:07:34,760 --> 00:07:37,760 Speaker 2: I was growing up, because people talk about it now 120 00:07:38,440 --> 00:07:40,720 Speaker 2: years ago. If you came home and you said, hey, 121 00:07:40,760 --> 00:07:43,320 Speaker 2: the priest stuck his hand it down my pants, the 122 00:07:43,400 --> 00:07:45,960 Speaker 2: parents would get angry at you. I've had, I've had 123 00:07:46,000 --> 00:07:48,679 Speaker 2: We've talked to so many victims. And because the parents 124 00:07:48,680 --> 00:07:51,000 Speaker 2: didn't want to believe, they were so invested in the 125 00:07:51,000 --> 00:07:53,760 Speaker 2: Catholic religion, They didn't want to believe that the priests 126 00:07:53,800 --> 00:07:57,440 Speaker 2: were actually sex perverts, they were child rapists. 127 00:07:57,760 --> 00:07:58,240 Speaker 3: They want to. 128 00:07:58,200 --> 00:08:00,120 Speaker 2: Believe it, even when they were told even there he 129 00:08:00,120 --> 00:08:02,440 Speaker 2: has told him that something fuck he was going on, 130 00:08:02,600 --> 00:08:05,520 Speaker 2: they didn't want to believe it. They felt that the 131 00:08:05,600 --> 00:08:10,280 Speaker 2: kid had sinned. There's like thousands of these stories, and 132 00:08:10,320 --> 00:08:13,280 Speaker 2: the same we hear. People are invested emotionally in politics 133 00:08:13,520 --> 00:08:15,640 Speaker 2: and it scrambles their brain and they don't want to 134 00:08:15,680 --> 00:08:19,720 Speaker 2: hear that their guy is actually a big a hole, 135 00:08:21,960 --> 00:08:28,320 Speaker 2: cold hearted, lazy and not interested in all the suffering 136 00:08:28,360 --> 00:08:31,240 Speaker 2: that's gone on in Altadena and pass and and Palisades. 137 00:08:32,000 --> 00:08:35,320 Speaker 2: And it's the same thing. It's this blind worship and 138 00:08:35,400 --> 00:08:37,800 Speaker 2: politics has replaced religion for a lot of people, and 139 00:08:37,840 --> 00:08:40,160 Speaker 2: it's the same kind of devotion, and it's the same 140 00:08:40,240 --> 00:08:41,079 Speaker 2: kind of insensus. 141 00:08:41,120 --> 00:08:42,240 Speaker 1: I gotta want to hear bad news. 142 00:08:42,280 --> 00:08:43,839 Speaker 2: I don't want to hear bad things about my guy 143 00:08:43,840 --> 00:08:46,640 Speaker 2: because he's my guy and I love him and that 144 00:08:46,800 --> 00:08:51,200 Speaker 2: and the other people are are worse. Well, that's not 145 00:08:51,240 --> 00:08:53,640 Speaker 2: the issue whether the other people are worse. These two 146 00:08:53,679 --> 00:08:58,640 Speaker 2: guys have the responsibility now, and Newsom and Bass are 147 00:08:58,640 --> 00:09:09,239 Speaker 2: in charge now, and through their arrogance and uh a laziness. 148 00:09:10,840 --> 00:09:14,000 Speaker 2: They're feeling that they're they're they're bulletproof and just they 149 00:09:14,000 --> 00:09:16,600 Speaker 2: don't care. They don't care if places burn, they don't 150 00:09:16,600 --> 00:09:22,440 Speaker 2: care if you die. Doesn't bother them. And and they're 151 00:09:22,679 --> 00:09:26,200 Speaker 2: Nobody within the party in California calls on these two, 152 00:09:26,720 --> 00:09:29,680 Speaker 2: not even Shift and Padia. They're supposed to be federal 153 00:09:29,720 --> 00:09:32,120 Speaker 2: money that they're fighting for from Trump. I don't even 154 00:09:32,120 --> 00:09:35,240 Speaker 2: hear Shift and Padia yelling about that. They're not even 155 00:09:35,320 --> 00:09:39,240 Speaker 2: beating on Trump for for more federal money. No sen's 156 00:09:39,280 --> 00:09:42,520 Speaker 2: doing that. And of course the answer to that is, 157 00:09:43,559 --> 00:09:45,760 Speaker 2: I don't think anybody's gonna give billions of dollars Gavin 158 00:09:45,800 --> 00:09:47,959 Speaker 2: Newsom for the rest of his life. That's not happening. 159 00:09:49,960 --> 00:09:53,840 Speaker 2: You might as well set it on fire because it 160 00:09:53,880 --> 00:09:59,800 Speaker 2: gets stolen. But Shift and Padia should be fighting for it, 161 00:10:00,559 --> 00:10:02,720 Speaker 2: and they should be telling newssim off for wasting all 162 00:10:02,760 --> 00:10:07,240 Speaker 2: the federal money he has gotten. No, you know, a 163 00:10:07,240 --> 00:10:11,840 Speaker 2: lot of this is the public's fault. It's people hero 164 00:10:11,960 --> 00:10:17,840 Speaker 2: worshiping or they feel they're part of this, like this 165 00:10:18,000 --> 00:10:20,960 Speaker 2: sacred bond with their political party, with their senators and 166 00:10:21,000 --> 00:10:26,559 Speaker 2: governors and mayors, and that everyone else is bad they 167 00:10:26,600 --> 00:10:30,520 Speaker 2: belong to the bad tribe. Well, here's what's happened. You've 168 00:10:30,559 --> 00:10:33,200 Speaker 2: invested all the power into one party in this state. 169 00:10:33,240 --> 00:10:37,400 Speaker 2: There's no competition, there's no alternative viewpoint. And the media 170 00:10:37,400 --> 00:10:40,600 Speaker 2: has reinforced all this because they don't cover the bad news. 171 00:10:40,640 --> 00:10:45,520 Speaker 2: They don't try to get they don't try to represent 172 00:10:45,800 --> 00:10:49,880 Speaker 2: normal people. The political parties and the media should be 173 00:10:50,240 --> 00:10:53,160 Speaker 2: representing normal people, and they're all caught up in their 174 00:10:53,200 --> 00:10:59,120 Speaker 2: internal nonsense. And that's why we have that's why we 175 00:10:59,160 --> 00:11:04,040 Speaker 2: are the way we are. Now we come back, I 176 00:11:04,080 --> 00:11:08,440 Speaker 2: am going to play you a clip, you know, because 177 00:11:08,440 --> 00:11:11,640 Speaker 2: this is part of the problem too. Only insane people 178 00:11:13,000 --> 00:11:15,959 Speaker 2: are apparently involved in the political process right now. The 179 00:11:16,200 --> 00:11:19,559 Speaker 2: only ones who go up go to meetings or they 180 00:11:19,600 --> 00:11:23,920 Speaker 2: formed demonstrations. And these are truly the most mentally ill, 181 00:11:24,240 --> 00:11:27,480 Speaker 2: most mentally diseased people we have in society. And they 182 00:11:27,520 --> 00:11:31,880 Speaker 2: created a ruckus last night at the police Los Angeles 183 00:11:31,920 --> 00:11:35,160 Speaker 2: Police Commission meeting. Wait till you hear this, and they 184 00:11:35,200 --> 00:11:39,360 Speaker 2: went after a reporter from the newly minted California Post. 185 00:11:39,440 --> 00:11:41,560 Speaker 2: We'll talk about this coming up, Ted Cruz After one 186 00:11:41,679 --> 00:11:43,120 Speaker 2: thirty you're. 187 00:11:42,920 --> 00:11:47,559 Speaker 4: Listening to John Cobelt on demand from KFI AM six forty. 188 00:11:49,200 --> 00:11:52,480 Speaker 2: Ted Cruise coming up at one thirty. Senator from Texas, 189 00:11:52,760 --> 00:11:55,560 Speaker 2: Rick Scott, Senator from Florida coming up at two o'clock 190 00:11:55,600 --> 00:11:57,959 Speaker 2: to talk about the Palace as fire. Ted Cruise is 191 00:11:58,000 --> 00:12:01,400 Speaker 2: going to talk about this new uh Trump account where 192 00:12:02,200 --> 00:12:06,640 Speaker 2: have a baby? Baby wins a thousand dollars. See, we're 193 00:12:06,640 --> 00:12:09,560 Speaker 2: giving you a thousand dollars just for listening. Get the 194 00:12:09,600 --> 00:12:11,400 Speaker 2: other thousand dollars. You got to do some work. 195 00:12:12,360 --> 00:12:16,320 Speaker 1: You got to go home tonight and start begin the process. 196 00:12:18,120 --> 00:12:18,400 Speaker 1: All right. 197 00:12:18,480 --> 00:12:20,840 Speaker 2: Let me I want to open with a clip here. 198 00:12:22,200 --> 00:12:28,800 Speaker 2: This actually happened last night, and this is an Los 199 00:12:28,840 --> 00:12:33,720 Speaker 2: Angeles Police Department Commission meeting, and there's a group of 200 00:12:33,840 --> 00:12:36,640 Speaker 2: left wing agitators. These are the professionals, which is a 201 00:12:36,679 --> 00:12:38,839 Speaker 2: whole other thing I need to talk about because I 202 00:12:38,920 --> 00:12:41,880 Speaker 2: keep looking up at the TV and seeing the professional 203 00:12:41,880 --> 00:12:44,679 Speaker 2: protesters in Minnesota getting a lot of attention over ice. 204 00:12:45,400 --> 00:12:49,960 Speaker 2: This is a new scourge, these these paid protesters. And 205 00:12:50,040 --> 00:12:53,760 Speaker 2: because they make such a ruckus, the television can't resist 206 00:12:55,280 --> 00:12:58,320 Speaker 2: putting their cameras and running it as a loop on 207 00:12:58,400 --> 00:13:02,440 Speaker 2: the news constantly. It's actually not news if people get 208 00:13:02,480 --> 00:13:06,480 Speaker 2: paid to scream stupid slogans for hours and hours. They're 209 00:13:06,559 --> 00:13:11,440 Speaker 2: just doing their job. But this is what happened at 210 00:13:11,440 --> 00:13:15,080 Speaker 2: a commission meeting and. 211 00:13:14,320 --> 00:13:14,880 Speaker 1: They went out. 212 00:13:14,920 --> 00:13:18,240 Speaker 2: They turned on a California Post reporter named Jamie Page. 213 00:13:19,160 --> 00:13:21,240 Speaker 2: We're gonna have on tomorrow and she's been on our 214 00:13:21,280 --> 00:13:25,080 Speaker 2: show before, but they disrupted the meeting. They went after 215 00:13:25,160 --> 00:13:38,960 Speaker 2: the reporter and play cut number three. 216 00:13:39,200 --> 00:13:53,040 Speaker 5: That God is going to destroy. If you're don't do something, 217 00:13:53,360 --> 00:13:54,559 Speaker 5: you're going to become Nazis. 218 00:13:54,559 --> 00:14:00,000 Speaker 6: By default, you're silent Nazi Nexus Nexus. 219 00:14:00,280 --> 00:14:05,720 Speaker 7: He creates billions of records, addresses, family ties, credit card, immigration, 220 00:14:05,840 --> 00:14:10,520 Speaker 7: adjacent data, employment and voter records, et cetera. This is 221 00:14:10,559 --> 00:14:12,040 Speaker 7: what is going to ice. 222 00:14:12,200 --> 00:14:15,199 Speaker 1: This is what's going to see me beats. This is 223 00:14:15,240 --> 00:14:18,479 Speaker 1: what we are fighting. What about Fox safety? 224 00:14:18,679 --> 00:14:19,800 Speaker 5: What about Fox shafety? 225 00:14:20,360 --> 00:14:23,520 Speaker 1: What about action get especially a police commission. 226 00:14:23,240 --> 00:14:25,040 Speaker 2: Me it's. 227 00:14:26,520 --> 00:14:29,480 Speaker 5: But it's not a said what about that? What about 228 00:14:29,520 --> 00:14:30,200 Speaker 5: your flabuation? 229 00:14:30,600 --> 00:14:32,400 Speaker 1: What about the information that you shut up? 230 00:14:33,360 --> 00:14:35,240 Speaker 5: Are you gonna take the rucks? Are you doing before 231 00:14:35,280 --> 00:14:37,280 Speaker 5: the people? Because if you are, then. 232 00:14:37,280 --> 00:14:41,160 Speaker 7: You are an addressor you are an addresser, then we're 233 00:14:41,160 --> 00:14:42,200 Speaker 7: gonna come at you as well. 234 00:14:42,360 --> 00:14:42,840 Speaker 5: You don't. 235 00:14:44,800 --> 00:14:49,840 Speaker 7: You about you here to the ads, it's all right, 236 00:14:50,360 --> 00:14:52,520 Speaker 7: a great concluded. 237 00:14:53,160 --> 00:14:53,640 Speaker 2: The rest of. 238 00:15:00,360 --> 00:15:07,200 Speaker 3: Both record the cops record the cops point the camera 239 00:15:07,320 --> 00:15:07,960 Speaker 3: the other way. 240 00:15:08,960 --> 00:15:17,320 Speaker 6: Record the cops yelling at the California Post photographer. Here 241 00:15:19,840 --> 00:15:22,960 Speaker 6: these are adult men and women. The pigs record, the 242 00:15:23,040 --> 00:15:24,560 Speaker 6: pigs do not record. 243 00:15:24,200 --> 00:15:25,360 Speaker 1: The record the pigs. 244 00:15:33,880 --> 00:15:37,760 Speaker 4: I never settlement on remover settlement on. 245 00:15:41,560 --> 00:15:41,720 Speaker 5: Uh. 246 00:15:42,680 --> 00:15:47,080 Speaker 2: It's mental illness at They need to be locked up 247 00:15:47,080 --> 00:15:49,280 Speaker 2: in a mental institution. We have got to bring back 248 00:15:49,320 --> 00:15:55,400 Speaker 2: public mental institutions. And the thing is, these people show 249 00:15:55,480 --> 00:16:00,480 Speaker 2: up over and over again, regardless of the issue. Jamie 250 00:16:00,480 --> 00:16:06,080 Speaker 2: Page identified one of these characters as Jason Ready, described 251 00:16:06,120 --> 00:16:10,320 Speaker 2: as a notorious anti police agitator, and he was trying 252 00:16:10,360 --> 00:16:16,760 Speaker 2: to stop Jamie from covering the public meeting. And he's 253 00:16:16,840 --> 00:16:20,360 Speaker 2: been known as, you know, a Black Lives Matter protester. 254 00:16:20,760 --> 00:16:24,000 Speaker 2: So whatever the causes of the day, and they get 255 00:16:24,040 --> 00:16:27,400 Speaker 2: financed by a lot of left wing groups who are 256 00:16:27,480 --> 00:16:31,720 Speaker 2: rolling in money. There is so much wealth now that 257 00:16:31,760 --> 00:16:36,000 Speaker 2: you have some crazy people who also had a lot 258 00:16:36,000 --> 00:16:39,480 Speaker 2: of money, and they like to finance subversive groups to 259 00:16:39,520 --> 00:16:44,400 Speaker 2: disrupt the normal process of life, whether it's on the street, 260 00:16:44,640 --> 00:16:47,960 Speaker 2: whether it's traffic, whether it's a public meeting, this is 261 00:16:48,000 --> 00:16:50,760 Speaker 2: a Police Commission meeting where Jim McDonald was going through, 262 00:16:51,000 --> 00:16:52,720 Speaker 2: you know, the issues of the week or of the month. 263 00:16:52,720 --> 00:16:55,680 Speaker 2: However often how often they have the meeting, and that's 264 00:16:55,680 --> 00:16:59,280 Speaker 2: all it is. It's usually pretty boring, nothing much of 265 00:16:59,600 --> 00:17:03,320 Speaker 2: signific against or a controversy. But you have all these 266 00:17:03,400 --> 00:17:10,560 Speaker 2: these police haters, haters of just orderly society. And look, 267 00:17:10,840 --> 00:17:14,000 Speaker 2: that's the goal. And I wish everybody could understand this. 268 00:17:14,320 --> 00:17:17,760 Speaker 2: It's not this is not about the issue. The issue 269 00:17:17,920 --> 00:17:21,880 Speaker 2: is just a tool to use to make life uncomfortable 270 00:17:21,920 --> 00:17:28,040 Speaker 2: and unpleasant, to try to gum up the machinery. And 271 00:17:28,400 --> 00:17:35,400 Speaker 2: again they were guests of City Hall. Recently they participated 272 00:17:35,520 --> 00:17:39,440 Speaker 2: in a city sanctioned presentation according to Jamie Page hosted 273 00:17:39,480 --> 00:17:43,240 Speaker 2: by You'll recognize this name, left wing councilwoman, and this 274 00:17:43,359 --> 00:17:46,960 Speaker 2: is Hernandez. She's with the Democratic Socialists of America. It's 275 00:17:47,000 --> 00:17:49,960 Speaker 2: a subversive communist group. I told you there's about five 276 00:17:50,040 --> 00:17:53,520 Speaker 2: members on the city council. The city Controller is a 277 00:17:53,600 --> 00:17:56,480 Speaker 2: DSA members. Around Mondami in New York City is a 278 00:17:56,560 --> 00:17:59,600 Speaker 2: DSA member. This is what they want to do. That's 279 00:17:59,680 --> 00:18:03,360 Speaker 2: why they fight viciously for the homeless. They fight viciously 280 00:18:03,400 --> 00:18:06,720 Speaker 2: for the criminals. They fight viciously for the illegal aliens, 281 00:18:06,840 --> 00:18:11,520 Speaker 2: because each of those groups is disruptive to normal, peaceful 282 00:18:11,520 --> 00:18:19,400 Speaker 2: life in America. And this is there the religious fervor 283 00:18:19,480 --> 00:18:23,320 Speaker 2: they have is for these groups, not because they really care, 284 00:18:23,840 --> 00:18:27,399 Speaker 2: but because they know it ruins daily life. Right, all 285 00:18:27,440 --> 00:18:30,880 Speaker 2: the homeless people in the streets. It's disgusting, right, faces everywhere, 286 00:18:31,000 --> 00:18:35,639 Speaker 2: needles everywhere, deranged mental patients coming at you. Criminals obviously 287 00:18:35,680 --> 00:18:40,320 Speaker 2: disrupt daily life, make you fearful, unsafe, change the way 288 00:18:40,400 --> 00:18:42,880 Speaker 2: that you live your life in a lot of cases. 289 00:18:42,960 --> 00:18:47,560 Speaker 2: And then illegal aliens another flashpoint. Disrupts our economy, takes 290 00:18:47,640 --> 00:18:50,119 Speaker 2: up a lot of housing, costs us a lot of money, 291 00:18:50,160 --> 00:18:52,159 Speaker 2: cost us a lot of medical care, cost us a 292 00:18:52,160 --> 00:18:54,760 Speaker 2: lot of money for schooling. It's all about disruption, it's 293 00:18:54,760 --> 00:18:58,320 Speaker 2: all about taking our money and read diverse. It's about 294 00:18:58,440 --> 00:19:03,520 Speaker 2: upsetting a capitalist, democratic society that's successful. So this guy, 295 00:19:03,600 --> 00:19:06,439 Speaker 2: Jason Reedy, he shows up and he's always screaming at 296 00:19:06,440 --> 00:19:09,240 Speaker 2: the Police Commission meetings and other meetings. He always does. 297 00:19:10,640 --> 00:19:13,040 Speaker 2: And everybody's supposed it's supposed to be open to the public, 298 00:19:13,080 --> 00:19:15,679 Speaker 2: and everybody's got a right to speak, and all that nonsense. Well, 299 00:19:15,680 --> 00:19:19,119 Speaker 2: it doesn't work anymore. It doesn't work anymore because these 300 00:19:19,320 --> 00:19:21,560 Speaker 2: normally like the rest of us, can't show up at 301 00:19:21,560 --> 00:19:24,440 Speaker 2: these meetings since we have to work for these people. 302 00:19:25,080 --> 00:19:26,080 Speaker 1: They're protesting. 303 00:19:26,119 --> 00:19:29,399 Speaker 2: Their disruption is their work, and that's why this model 304 00:19:29,400 --> 00:19:30,320 Speaker 2: has broken down. 305 00:19:31,880 --> 00:19:34,320 Speaker 1: And so they go through this ritual where every week. 306 00:19:34,119 --> 00:19:38,400 Speaker 2: These these jackasses come in and scream and they got 307 00:19:38,400 --> 00:19:40,119 Speaker 2: to shut down the meeting. They has got to score 308 00:19:40,160 --> 00:19:43,040 Speaker 2: people out, and everything takes twice as long as it should, 309 00:19:43,400 --> 00:19:46,640 Speaker 2: and of course they get they get highlighted on television 310 00:19:46,680 --> 00:19:49,080 Speaker 2: all the time, all their antics are played in the loop. 311 00:19:49,119 --> 00:19:51,000 Speaker 2: And then next week they come back again and it's 312 00:19:51,040 --> 00:19:56,040 Speaker 2: all for nothing. They don't change anything, but they do 313 00:19:56,600 --> 00:20:00,760 Speaker 2: disrupt and degrade our life. But they're losing on the 314 00:20:00,760 --> 00:20:04,560 Speaker 2: illegal alien issue. They're losing on the criminal issue. For example, 315 00:20:04,840 --> 00:20:08,760 Speaker 2: right we passed Prop thirty six and now we're prosecuting 316 00:20:08,800 --> 00:20:10,720 Speaker 2: more criminals than we used to a year or two ago. 317 00:20:11,280 --> 00:20:15,080 Speaker 2: We're deporting millions of illegal aliens, or they're self deporting 318 00:20:17,800 --> 00:20:24,760 Speaker 2: the homeless situation there they're still winning on. But I 319 00:20:25,720 --> 00:20:27,120 Speaker 2: don't know what to do when you have that many 320 00:20:27,320 --> 00:20:33,280 Speaker 2: mentally ill, deranged people that are getting paid to to perform, 321 00:20:33,880 --> 00:20:38,000 Speaker 2: to indulge in their mental illness. What are you supposed 322 00:20:38,000 --> 00:20:41,160 Speaker 2: to do? You obviously can't talk to them, there's there's 323 00:20:41,880 --> 00:20:43,959 Speaker 2: You can't reason with them, right, It's kind of it's 324 00:20:44,000 --> 00:20:47,600 Speaker 2: kind of pointless. They're they're there, they don't want to 325 00:20:47,640 --> 00:20:50,879 Speaker 2: hear from you. They sort of scream in your face 326 00:20:51,320 --> 00:20:56,480 Speaker 2: like mental patients do in a psychiatric ward. So, along 327 00:20:56,520 --> 00:20:58,920 Speaker 2: with all the crazy homeless people, this crowd has to 328 00:20:59,000 --> 00:21:01,080 Speaker 2: be put. I don't I don't see of another solution. 329 00:21:01,160 --> 00:21:03,639 Speaker 2: If you don't lock them up and shoot them up 330 00:21:03,680 --> 00:21:05,520 Speaker 2: with some drugs until they pass out. I don't know 331 00:21:05,560 --> 00:21:08,280 Speaker 2: what else can you do with them? Ted Cruz when 332 00:21:08,320 --> 00:21:11,440 Speaker 2: we come back, Senator from Texas on the Trump accounts 333 00:21:11,520 --> 00:21:13,240 Speaker 2: thousand dollars if you produce a new baby. 334 00:21:14,240 --> 00:21:18,880 Speaker 4: You're listening to John Cobels on demand from KFI AM. 335 00:21:18,600 --> 00:21:22,200 Speaker 2: Six forty John Cobelt's show. We're on the air one 336 00:21:22,280 --> 00:21:25,080 Speaker 2: until four and then after four o'clock the podcast, and 337 00:21:25,119 --> 00:21:27,800 Speaker 2: you listen to that on the iHeart app. 338 00:21:28,600 --> 00:21:31,679 Speaker 1: It's just like the radio show. You can hear anything 339 00:21:31,680 --> 00:21:32,280 Speaker 1: that you missed. 340 00:21:32,440 --> 00:21:35,320 Speaker 2: Moistline is eight seven seven Moist eighty six for Friday. 341 00:21:35,440 --> 00:21:38,160 Speaker 2: You better call in. Eight seven seven Moist eighty six. 342 00:21:38,840 --> 00:21:41,000 Speaker 2: You could respond to all the rampant fraud going on. 343 00:21:41,440 --> 00:21:44,560 Speaker 2: Use the talkback feature on the iHeartRadio app as well. 344 00:21:44,800 --> 00:21:48,119 Speaker 2: We're gonna have Ted Cruz on momentarily. Steph is trying 345 00:21:48,119 --> 00:21:51,719 Speaker 2: to get him out of the meeting. We have an 346 00:21:51,760 --> 00:21:56,800 Speaker 2: interview scheduled with him because today the Trump administration announced 347 00:21:56,880 --> 00:22:00,840 Speaker 2: these one thousand dollars Trump accounts. Actually this was a 348 00:22:00,880 --> 00:22:05,840 Speaker 2: Ted Cruise idea. He spearheaded the resident spearhead of the law. 349 00:22:07,119 --> 00:22:09,960 Speaker 2: So that you have a baby born anywhere from twenty 350 00:22:10,000 --> 00:22:12,840 Speaker 2: twenty five to twenty twenty eight, your baby gets a 351 00:22:12,920 --> 00:22:14,879 Speaker 2: thousand dollars and they're going to invest it in a 352 00:22:14,880 --> 00:22:18,080 Speaker 2: stock market index account and you can add to it 353 00:22:18,119 --> 00:22:22,160 Speaker 2: if you want. And at eighteen they start your child 354 00:22:22,240 --> 00:22:25,040 Speaker 2: start getting access to the money if they use it 355 00:22:25,080 --> 00:22:28,840 Speaker 2: for certain things like buying a house or college education, 356 00:22:28,960 --> 00:22:31,040 Speaker 2: that sort of thing. We'll explain all the details coming 357 00:22:31,119 --> 00:22:36,480 Speaker 2: up with Ted Cruz in just a few minutes, but yesterday, 358 00:22:36,720 --> 00:22:39,119 Speaker 2: and we may play this again when we get a chance. 359 00:22:39,640 --> 00:22:43,960 Speaker 2: Doctor oz. Doctor Oz He is the head of the 360 00:22:44,000 --> 00:22:47,240 Speaker 2: Center for what is it called, It's CMS, Center for 361 00:22:47,400 --> 00:22:53,840 Speaker 2: Medicare and Medicaid Services so he's in charge of billions 362 00:22:53,920 --> 00:22:57,280 Speaker 2: of god untold billions, hundreds of billions of dollars in 363 00:22:57,359 --> 00:23:00,960 Speaker 2: Medicare and Medicaid money that flows out of the federal government. 364 00:23:02,080 --> 00:23:05,479 Speaker 2: And he was put out a video where he's driving 365 00:23:05,520 --> 00:23:10,840 Speaker 2: around Van Nuys Boulevard, the Van Night's neighborhood. In a 366 00:23:11,600 --> 00:23:17,520 Speaker 2: four block area, there's forty two hospices. Forty two and 367 00:23:18,320 --> 00:23:23,480 Speaker 2: they all have Russian or Armenian lettering outside the businesses, 368 00:23:24,200 --> 00:23:28,480 Speaker 2: on the office buildings of the storefronts or hospices. They're fake, 369 00:23:28,840 --> 00:23:31,840 Speaker 2: they're fake businesses. This is very similar to what that 370 00:23:31,920 --> 00:23:35,840 Speaker 2: independent reporter Nick Shirley found in Minneapolis with the Somalian 371 00:23:36,200 --> 00:23:41,240 Speaker 2: childcare centers that were fake and they were stealing billions 372 00:23:41,280 --> 00:23:45,960 Speaker 2: of dollars. Well, we've got our own version fake hospices. 373 00:23:47,480 --> 00:23:49,880 Speaker 2: So doctor oz is driving around with his staff member 374 00:23:49,920 --> 00:23:52,480 Speaker 2: in a car and pointing out all the buildings. How 375 00:23:52,480 --> 00:23:54,600 Speaker 2: could you have one four block area in Van Nights 376 00:23:54,640 --> 00:23:55,760 Speaker 2: with forty two hospices. 377 00:23:55,800 --> 00:23:58,480 Speaker 1: That's not possible because. 378 00:23:58,160 --> 00:24:02,240 Speaker 2: There's thaves running these and they've stolen millions of dollars 379 00:24:02,280 --> 00:24:04,320 Speaker 2: in tax money. 380 00:24:04,440 --> 00:24:07,920 Speaker 1: So Gavin Newsom, the King of fraud. 381 00:24:07,800 --> 00:24:10,960 Speaker 2: As Bill A. Saley has described him. So King of 382 00:24:11,040 --> 00:24:15,919 Speaker 2: fraud comes out. Who does he side with? Does he 383 00:24:16,040 --> 00:24:21,560 Speaker 2: side with us the taxpayers? Does he side with the 384 00:24:21,680 --> 00:24:29,240 Speaker 2: people who are entitled to Medicare and Medicaid but can't 385 00:24:29,880 --> 00:24:35,480 Speaker 2: get their benefits because so much money is diverted to fraudsters. 386 00:24:36,200 --> 00:24:38,919 Speaker 2: You know, there are limits on what Medicare and Medicaid 387 00:24:39,000 --> 00:24:43,199 Speaker 2: is going to pay for. All the money should be 388 00:24:43,240 --> 00:24:50,000 Speaker 2: going to American citizens. But in this case, these are 389 00:24:50,040 --> 00:24:58,320 Speaker 2: fraudulent operations. In some cases there are no operations. There's 390 00:24:58,320 --> 00:25:02,000 Speaker 2: fake patients, there's fake doctor there's doctors writing fake prescriptions 391 00:25:02,040 --> 00:25:05,600 Speaker 2: for the fake patients. Oz explained it in the video, 392 00:25:06,240 --> 00:25:10,040 Speaker 2: just an overview. So Kevin Newso ways in whose side 393 00:25:10,080 --> 00:25:12,919 Speaker 2: is he on? He's on the. 394 00:25:12,800 --> 00:25:14,080 Speaker 1: Side of the fraudsters. 395 00:25:14,160 --> 00:25:17,440 Speaker 2: I'm not making this up. I'll tell you more about 396 00:25:17,440 --> 00:25:18,959 Speaker 2: it in the next segment. So you just hang there 397 00:25:18,960 --> 00:25:22,760 Speaker 2: because we got ted Cruz. Senator Cruise, welcome. 398 00:25:22,800 --> 00:25:26,080 Speaker 3: How are you John, Great to be with you, Good. 399 00:25:25,880 --> 00:25:26,359 Speaker 1: To have you on. 400 00:25:27,640 --> 00:25:30,560 Speaker 2: Tell us about the thousand dollars Trump accounts which were 401 00:25:30,760 --> 00:25:34,800 Speaker 2: announced today. This was your idea. You originally wrote up 402 00:25:34,840 --> 00:25:38,920 Speaker 2: the legislation and sold this idea to other people in Congress. 403 00:25:39,480 --> 00:25:40,080 Speaker 1: Describe it. 404 00:25:41,560 --> 00:25:44,640 Speaker 3: Well, this is a major part of the big tax 405 00:25:44,680 --> 00:25:47,560 Speaker 3: cut that we passed last summer, and starting on the 406 00:25:47,600 --> 00:25:51,160 Speaker 3: fourth of July of this year, every child in America 407 00:25:51,359 --> 00:25:54,400 Speaker 3: is going to have a personal investment account opened for them. 408 00:25:55,520 --> 00:25:58,680 Speaker 3: Newborn children will have it seated with one thousand dollars, 409 00:25:58,880 --> 00:26:02,560 Speaker 3: and parents and family and employers can give up the 410 00:26:02,600 --> 00:26:06,240 Speaker 3: five thousand dollars a year in a tax advantaged account. 411 00:26:06,280 --> 00:26:08,560 Speaker 3: That money will be invested in the stock market, will 412 00:26:08,560 --> 00:26:11,040 Speaker 3: be invested in the S and P five hundred, and 413 00:26:11,119 --> 00:26:14,280 Speaker 3: the advantages of it are huge. Number one, every kid 414 00:26:14,320 --> 00:26:18,080 Speaker 3: in America is going to experience the benefits of compound growth, 415 00:26:18,320 --> 00:26:21,600 Speaker 3: which is going to allow the next generation of kids 416 00:26:21,600 --> 00:26:26,640 Speaker 3: to accumulate savings and investments that very quickly gets into 417 00:26:26,680 --> 00:26:29,600 Speaker 3: the hundreds of thousands of dollars. But number two and John, 418 00:26:29,640 --> 00:26:31,639 Speaker 3: this is the thing that makes me really excited about it. 419 00:26:32,880 --> 00:26:36,800 Speaker 3: We are going to create a generation of new capitalists. 420 00:26:36,880 --> 00:26:40,160 Speaker 3: I mean, we've all seen the numbers of young people 421 00:26:40,200 --> 00:26:43,080 Speaker 3: who say they're losing faith in capitalism. They think socialism 422 00:26:43,160 --> 00:26:46,800 Speaker 3: might be a good idea. Our kids are going to 423 00:26:46,800 --> 00:26:50,000 Speaker 3: be the owners of the largest employers in America, and 424 00:26:50,040 --> 00:26:54,359 Speaker 3: that is a big, big deal. I think ten twenty 425 00:26:54,480 --> 00:26:57,320 Speaker 3: thirty years from now, the Trump accounts may be the 426 00:26:57,359 --> 00:27:02,400 Speaker 3: most long lasting policy victory of President Trump's second term. 427 00:27:02,440 --> 00:27:05,800 Speaker 3: And we had a great event today with the President 428 00:27:05,880 --> 00:27:08,000 Speaker 3: leaning in and it's going to make I think we're 429 00:27:08,000 --> 00:27:10,680 Speaker 3: going to see trillions of dollars invested in these accounts. 430 00:27:10,760 --> 00:27:13,720 Speaker 1: And for how many years will these Trump accounts exist? 431 00:27:15,200 --> 00:27:19,479 Speaker 3: So for eighteen years they exist, and then they are 432 00:27:19,560 --> 00:27:22,240 Speaker 3: under the law transformed into iras, and so you can 433 00:27:22,280 --> 00:27:25,600 Speaker 3: pull the money out either for an education, you can 434 00:27:25,600 --> 00:27:28,240 Speaker 3: pull the money out to buy a home or to 435 00:27:28,280 --> 00:27:33,720 Speaker 3: start a business. But the math of the numbers. Let's take, 436 00:27:33,760 --> 00:27:37,480 Speaker 3: for example, a little girl born this year. She'll have 437 00:27:37,520 --> 00:27:41,200 Speaker 3: the account open for her one thousand dollars put in automatically, 438 00:27:41,240 --> 00:27:44,040 Speaker 3: and let's say her parents or family or an employer 439 00:27:44,560 --> 00:27:48,080 Speaker 3: puts five thousand a year in. If you assume the 440 00:27:48,160 --> 00:27:50,800 Speaker 3: historical rate of growth of the S and P five hundred, 441 00:27:50,800 --> 00:27:55,000 Speaker 3: which has been seven percent after inflation, by the time 442 00:27:55,119 --> 00:27:57,639 Speaker 3: she's eighteen, that account will be worth one hundred and 443 00:27:57,680 --> 00:28:01,760 Speaker 3: seventy thousand dollars. And if she keeps investing till she's 444 00:28:01,800 --> 00:28:05,680 Speaker 3: thirty five, that account will be worth more than seven 445 00:28:05,840 --> 00:28:09,480 Speaker 3: hundred thousand dollars. And what's powerful about it. We're not 446 00:28:09,560 --> 00:28:12,560 Speaker 3: talking about the kids of rich people. We're talking about 447 00:28:12,600 --> 00:28:16,000 Speaker 3: the kids of a single mom who's waiting tables right now, 448 00:28:16,040 --> 00:28:21,159 Speaker 3: whose kids will be able to accumulate life changing investments 449 00:28:21,160 --> 00:28:22,920 Speaker 3: in savings, and. 450 00:28:22,800 --> 00:28:25,200 Speaker 2: Plus they understand it at an early age, the power 451 00:28:25,400 --> 00:28:29,280 Speaker 2: of saving money, investing in it, and the compound interest 452 00:28:29,400 --> 00:28:34,080 Speaker 2: that really can give turn into a small fortune with 453 00:28:34,200 --> 00:28:35,560 Speaker 2: not a whole lot of sacrifice. 454 00:28:37,080 --> 00:28:42,840 Speaker 3: It's exactly right. And you think about the financial education 455 00:28:43,000 --> 00:28:45,520 Speaker 3: and literacy that will flow from this. Let's say ten 456 00:28:45,600 --> 00:28:48,840 Speaker 3: years from now, a ten year old boy will pull 457 00:28:48,840 --> 00:28:51,800 Speaker 3: out his phone and look at the app and he'll 458 00:28:51,800 --> 00:28:55,480 Speaker 3: see his account, and instead of thinking that corporations are 459 00:28:55,520 --> 00:28:58,040 Speaker 3: these big, mean, nasty things that you're supposed to hate, 460 00:28:58,640 --> 00:29:00,360 Speaker 3: he's going to say, wait a second, I own one 461 00:29:00,400 --> 00:29:03,120 Speaker 3: hundred bucks of Apple, I own fifty bucks of Boeing 462 00:29:03,160 --> 00:29:06,960 Speaker 3: and seventy five bucks at McDonald's. And that gives the 463 00:29:07,120 --> 00:29:09,760 Speaker 3: kids skin in the game. It makes him an owner, 464 00:29:10,520 --> 00:29:14,080 Speaker 3: which changes the way he views everything that happens in 465 00:29:14,080 --> 00:29:17,800 Speaker 3: our economy. And you know, one way of appreciating the 466 00:29:17,840 --> 00:29:25,040 Speaker 3: magnitude of this this provision decades ago, when Congress passed 467 00:29:25,280 --> 00:29:29,400 Speaker 3: section four oh one K of ARISA. I doubt anyone 468 00:29:29,520 --> 00:29:33,120 Speaker 3: appreciated just how fundamentally they were going to change how 469 00:29:33,160 --> 00:29:37,440 Speaker 3: Americans save for retirement. Right now today, there's more than 470 00:29:37,560 --> 00:29:41,520 Speaker 3: twelve trillion dollars invested in four oh one k's. I 471 00:29:41,520 --> 00:29:43,960 Speaker 3: think within a few years we're likewise going to see 472 00:29:44,000 --> 00:29:48,760 Speaker 3: trillions of dollars in these accounts. And that transformation for 473 00:29:48,840 --> 00:29:50,760 Speaker 3: our kids is a big, big deal. 474 00:29:51,480 --> 00:29:55,040 Speaker 1: So what day does this start? Does this start today? 475 00:29:55,280 --> 00:29:57,520 Speaker 3: It starts July fourth, so it starts in our nation's 476 00:29:57,520 --> 00:29:59,000 Speaker 3: two hundred and fiftieth anniversary. 477 00:29:59,160 --> 00:30:03,000 Speaker 1: And these new new born children they have to be 478 00:30:03,040 --> 00:30:03,800 Speaker 1: born this year. 479 00:30:04,840 --> 00:30:08,640 Speaker 3: They have January first of this year, so that's when. 480 00:30:09,880 --> 00:30:13,360 Speaker 2: Okay, is there any sunset on this provision? Is it 481 00:30:13,400 --> 00:30:16,040 Speaker 2: going to only last a certain number of years or so? 482 00:30:16,520 --> 00:30:18,800 Speaker 3: There is a sunset right now, and it's the end 483 00:30:18,800 --> 00:30:22,840 Speaker 3: of twenty twenty eight. I have absolute confidence that we 484 00:30:22,880 --> 00:30:26,120 Speaker 3: will extend it and make it permanent, and so I 485 00:30:26,240 --> 00:30:29,640 Speaker 3: drafted the provision. We got it passed at the time 486 00:30:29,680 --> 00:30:31,440 Speaker 3: when we were passing the tax cut, it was a 487 00:30:31,480 --> 00:30:34,680 Speaker 3: straight up partisan battle, so all the Democrats opposed the 488 00:30:34,720 --> 00:30:40,480 Speaker 3: tax cut. But this is an idea that has bipartisan support, 489 00:30:40,560 --> 00:30:44,440 Speaker 3: so it's actually interesting. I wrote a joint letter with 490 00:30:44,920 --> 00:30:48,200 Speaker 3: Corey Booker, who's obviously a liberal Democrat from New Jersey. 491 00:30:48,200 --> 00:30:50,600 Speaker 3: It's a friend of mine, we served together. But we 492 00:30:51,160 --> 00:30:54,640 Speaker 3: wrote a letter to the CEOs of every fortune one 493 00:30:54,680 --> 00:31:00,960 Speaker 3: thousand company urging the companies to contribute or match their employees' 494 00:31:01,040 --> 00:31:03,480 Speaker 3: contributions to Trump accounts. Think about four O one k's, 495 00:31:04,120 --> 00:31:07,840 Speaker 3: where it's now almost a standard employee benefit that many 496 00:31:07,880 --> 00:31:11,800 Speaker 3: particularly large employers match four A one K contributions. I 497 00:31:11,840 --> 00:31:13,440 Speaker 3: think Trump accounts are going to be the same thing, 498 00:31:13,440 --> 00:31:16,320 Speaker 3: and we're seeing lots and lots of companies announced they're 499 00:31:16,320 --> 00:31:19,960 Speaker 3: going to do exactly that. That accelerates the whole process 500 00:31:20,000 --> 00:31:22,920 Speaker 3: of investing in saving. And what was interesting is that 501 00:31:22,960 --> 00:31:25,000 Speaker 3: we saw Corey sign on to this letter with me. 502 00:31:25,120 --> 00:31:28,600 Speaker 3: I mean, it refers to them explicitly as Trump accounts, 503 00:31:28,600 --> 00:31:32,240 Speaker 3: and he's happily putting his name on it. We will 504 00:31:32,280 --> 00:31:34,800 Speaker 3: extend it, and I think as more people start to 505 00:31:34,840 --> 00:31:38,040 Speaker 3: realize the power of these accounts, you're going to see 506 00:31:38,040 --> 00:31:42,040 Speaker 3: a bigger and bigger constituency who is enthusiastic behind him. 507 00:31:42,440 --> 00:31:47,040 Speaker 1: Well, all right, this is great stuff. I wish this 508 00:31:47,160 --> 00:31:50,760 Speaker 1: was around when my kids were born. But well. 509 00:31:52,200 --> 00:31:52,560 Speaker 3: Me too. 510 00:31:54,960 --> 00:31:58,200 Speaker 2: I'm glad you spearheaded this campaign. And it sounds like 511 00:31:59,440 --> 00:32:01,440 Speaker 2: everyone's going to be thrilled with it. I mean, there's 512 00:32:01,480 --> 00:32:04,560 Speaker 2: not a bad word to say about it. Thank you 513 00:32:04,640 --> 00:32:05,520 Speaker 2: very much for coming on. 514 00:32:07,560 --> 00:32:09,480 Speaker 3: It is good to be with you. I appreciate it, 515 00:32:09,560 --> 00:32:09,920 Speaker 3: all right. 516 00:32:09,960 --> 00:32:13,680 Speaker 2: It's Ted Cruz, Senator from Texas, and they're called the 517 00:32:13,720 --> 00:32:16,640 Speaker 2: Trump Accounts. And have a baby this year or twenty 518 00:32:16,680 --> 00:32:20,080 Speaker 2: seven or twenty eight and maybe afterwards, and thousand dollars 519 00:32:20,080 --> 00:32:23,200 Speaker 2: for your kid invested in the stock market and you 520 00:32:23,240 --> 00:32:25,360 Speaker 2: can put in money every year and it can turn 521 00:32:25,400 --> 00:32:29,920 Speaker 2: into quite a quite a fortune. And then you could 522 00:32:30,000 --> 00:32:31,760 Speaker 2: put a down payment your kid can put a down 523 00:32:31,760 --> 00:32:35,680 Speaker 2: payment in the house, can go to college, start a business. 524 00:32:36,040 --> 00:32:38,200 Speaker 1: Should have been done decades ago. 525 00:32:38,560 --> 00:32:41,920 Speaker 4: You're listening to John Cobels on demand from. 526 00:32:41,840 --> 00:32:45,760 Speaker 1: KFI A six for coming up after two o'clock. 527 00:32:45,800 --> 00:32:50,160 Speaker 2: Another Senator Rick Scott from Florida, because they were holding 528 00:32:50,200 --> 00:32:55,880 Speaker 2: hearings on the Palisades fire. He and Ron Johnson has 529 00:32:55,920 --> 00:32:59,640 Speaker 2: centered from Wisconsin hold a hearing out here a couple 530 00:32:59,720 --> 00:33:02,320 Speaker 2: months back. And now there was another one and it's 531 00:33:02,360 --> 00:33:06,680 Speaker 2: about the failure of the Karen Bass government and the 532 00:33:06,720 --> 00:33:10,440 Speaker 2: avenues and government in regards to all aspects of the 533 00:33:10,440 --> 00:33:14,200 Speaker 2: Palisades fire. We're talked to Florida Senator Rick Scott coming 534 00:33:14,280 --> 00:33:15,240 Speaker 2: up in just a few minutes. 535 00:33:15,280 --> 00:33:17,800 Speaker 1: Okay, now where was I? I was telling you that. 536 00:33:19,320 --> 00:33:23,320 Speaker 2: Doctor Oz, who is ahead of the Center for Medicare 537 00:33:23,440 --> 00:33:27,800 Speaker 2: and Medicaid Services and the Trump administration, had done a 538 00:33:27,920 --> 00:33:32,160 Speaker 2: video a few days ago driving around Van NY's and 539 00:33:32,480 --> 00:33:36,200 Speaker 2: there's forty two hospices in a four block area, and 540 00:33:36,320 --> 00:33:39,440 Speaker 2: clearly there's a tremendous amount of fraud going on. These 541 00:33:39,480 --> 00:33:43,800 Speaker 2: are fake companies, non existent or if they do exist, 542 00:33:44,360 --> 00:33:48,440 Speaker 2: they're getting doctors to write fake prescriptions for fake patients, 543 00:33:48,480 --> 00:33:51,840 Speaker 2: they're paying patients. There's any number of ways that you 544 00:33:51,920 --> 00:33:57,320 Speaker 2: can scam the government, and these alleged business owners were 545 00:33:57,400 --> 00:34:00,520 Speaker 2: using all those ways. Later on the show, I'm gonna 546 00:34:00,520 --> 00:34:03,560 Speaker 2: play that clip again, and then we have a second 547 00:34:03,880 --> 00:34:08,400 Speaker 2: clip to play from doctor Oz. It's about illegal immigrants 548 00:34:08,400 --> 00:34:14,359 Speaker 2: getting free dental envision care. But it clearly shows that 549 00:34:14,719 --> 00:34:18,680 Speaker 2: in the Kingdom of Fraud here in California, there is 550 00:34:18,719 --> 00:34:21,719 Speaker 2: a tremendous amount of corruption going on. There's a lot 551 00:34:21,760 --> 00:34:25,440 Speaker 2: of stealing going on, of your tax money. Remember, this 552 00:34:25,480 --> 00:34:32,560 Speaker 2: is your tax money. So how did Newsom respond Any 553 00:34:32,680 --> 00:34:36,440 Speaker 2: respond by saying, you know, I can't. I'm sorry this 554 00:34:36,480 --> 00:34:40,920 Speaker 2: is going on. Californians shouldn't be ripped off like this. 555 00:34:41,080 --> 00:34:44,440 Speaker 2: American taxpayers shouldn't be ripped off. We've got to clean 556 00:34:44,520 --> 00:34:46,920 Speaker 2: up all the fraud in the garbage. You're not gonna 557 00:34:46,960 --> 00:34:55,640 Speaker 2: believe his response. California Post has the story. Newsom's press 558 00:34:55,680 --> 00:35:01,640 Speaker 2: office wrote on x Twitter that our office is reviewing 559 00:35:01,719 --> 00:35:07,040 Speaker 2: reports that doctor Mehmet Oz targeted the Armenian American community 560 00:35:07,080 --> 00:35:13,600 Speaker 2: recently because Oz pointed out that the businesses were Armenian 561 00:35:13,920 --> 00:35:19,440 Speaker 2: or Russian, Armenian or Russian mafia. He said, look at 562 00:35:19,440 --> 00:35:24,239 Speaker 2: the writing outside the businesses, the signs outside the offices, 563 00:35:24,960 --> 00:35:28,239 Speaker 2: they were all in what he said, the cyrillic alphabet, 564 00:35:28,719 --> 00:35:32,960 Speaker 2: which is Russian and Armenian. And these are organized crime gangs, 565 00:35:33,480 --> 00:35:37,560 Speaker 2: organized crime as in mafia, that's behind these businesses. That's 566 00:35:37,680 --> 00:35:42,280 Speaker 2: looting the Medicare medicaid system. Some Newsom twists this into 567 00:35:42,560 --> 00:35:46,680 Speaker 2: doctor Oz is targeting the American the Armenian American community 568 00:35:47,160 --> 00:35:52,799 Speaker 2: making racially charged claims of fraud outside Armenian owned businesses, 569 00:35:53,120 --> 00:35:55,160 Speaker 2: including a popular bakery. 570 00:35:58,960 --> 00:36:03,560 Speaker 1: That's really it's not going after a bakery. 571 00:36:04,920 --> 00:36:10,279 Speaker 2: And then at the end of the post, given the 572 00:36:10,480 --> 00:36:14,719 Speaker 2: historic sensitivities involved, we are taking these allegations seriously. 573 00:36:15,239 --> 00:36:17,960 Speaker 1: Any and all acts of hate have no place in California. 574 00:36:18,160 --> 00:36:23,759 Speaker 2: You know what they're referring to, doctor Ois Turkish and 575 00:36:23,800 --> 00:36:27,319 Speaker 2: the Turks engaged a terrible genocide of Armenians over one 576 00:36:27,360 --> 00:36:33,160 Speaker 2: hundred years ago. So he's they're actually implying that doctor 577 00:36:33,200 --> 00:36:37,839 Speaker 2: Oz is continuing the hatred of Armenians by targeting these 578 00:36:37,840 --> 00:36:42,040 Speaker 2: fraudulent businesses that the Armenian in Russian mafia is behind. 579 00:36:42,800 --> 00:36:46,080 Speaker 1: You believe this. They twisted this into a hate crime. 580 00:36:46,360 --> 00:36:47,080 Speaker 1: He's pointing. 581 00:36:47,160 --> 00:36:50,040 Speaker 2: Doctor Oz is pointing out millions of dollars of fraud 582 00:36:50,200 --> 00:36:57,520 Speaker 2: under Newsom's nose, and Newsom turned it into a hate crime. Sorry, 583 00:36:58,239 --> 00:37:02,720 Speaker 2: but if large groups of immigrants are involved in organized 584 00:37:02,800 --> 00:37:07,320 Speaker 2: crime stealing tax money, you call it out because it's true. 585 00:37:07,680 --> 00:37:14,280 Speaker 2: The Somalis in Minnesota, It's true, sixty have been found guilty, 586 00:37:15,320 --> 00:37:19,080 Speaker 2: thirty more earnder indictment. Nearly all of them are Somali. 587 00:37:20,960 --> 00:37:25,600 Speaker 2: They use this racism as a shield. It doesn't work anymore. 588 00:37:26,719 --> 00:37:30,239 Speaker 2: This is a joke. If it's an Armenian gang, a 589 00:37:30,280 --> 00:37:32,600 Speaker 2: Russian gang, mafia, whatever you want to call it, then 590 00:37:32,640 --> 00:37:37,960 Speaker 2: that's what it is. He tries to change the subject 591 00:37:38,040 --> 00:37:41,200 Speaker 2: into hate. It's an act of hate to point out 592 00:37:43,280 --> 00:37:48,600 Speaker 2: where these crime organizations originated, where the members are from. 593 00:37:49,960 --> 00:37:54,759 Speaker 2: That's really disgusting. But again, showing no regard for the 594 00:37:54,840 --> 00:37:59,440 Speaker 2: tax money, your tax money that's been stolen by these enterprises. 595 00:38:01,080 --> 00:38:03,080 Speaker 1: Wow, doesn't work anymore, guys. 596 00:38:03,440 --> 00:38:07,960 Speaker 2: But Newsome's people in the press office, You're out of bullets, 597 00:38:08,520 --> 00:38:09,440 Speaker 2: you're out of material. 598 00:38:09,960 --> 00:38:13,840 Speaker 1: It's not gonna work, doctor. Doctor. 599 00:38:15,360 --> 00:38:20,080 Speaker 2: Senator Rick Scott coming up. He's from Florida and he 600 00:38:20,280 --> 00:38:25,200 Speaker 2: and another senator are running a committee that's investigating the 601 00:38:25,719 --> 00:38:28,839 Speaker 2: incompetence on the part of Newsom and Bass and their 602 00:38:28,840 --> 00:38:30,959 Speaker 2: governments regarding the Palisades fire. 603 00:38:31,000 --> 00:38:31,479 Speaker 1: That's next. 604 00:38:31,480 --> 00:38:34,200 Speaker 2: Deborah Mark Live can'f I twenty four hour Newsroom. Hey, 605 00:38:34,480 --> 00:38:37,040 Speaker 2: you've been listening to the John Cobalt Show podcast. You 606 00:38:37,040 --> 00:38:39,600 Speaker 2: can always hear the show live on KFI AM six 607 00:38:39,719 --> 00:38:42,400 Speaker 2: forty from one to four pm every Monday through Friday, 608 00:38:42,480 --> 00:38:45,719 Speaker 2: and of course anytime on demand on the iHeartRadio app.