1 00:00:00,160 --> 00:00:02,639 Speaker 1: I have said for quite some time, and I believe 2 00:00:02,680 --> 00:00:05,800 Speaker 1: this to be true, that you don't follow the stock 3 00:00:05,840 --> 00:00:10,959 Speaker 1: market on a day to day basis. Now, financial advisors 4 00:00:11,000 --> 00:00:13,760 Speaker 1: will tell you you don't follow stock market day to 5 00:00:13,800 --> 00:00:15,440 Speaker 1: day because they don't want you pulling your money out. 6 00:00:16,200 --> 00:00:19,159 Speaker 1: And you could argue that they make money on the 7 00:00:19,200 --> 00:00:24,599 Speaker 1: big They get action off of the investment, so whether 8 00:00:24,640 --> 00:00:28,480 Speaker 1: it's up or down, they're still getting their percentage. Now, 9 00:00:28,480 --> 00:00:31,040 Speaker 1: it depends a lot on what kind of relationship you 10 00:00:31,120 --> 00:00:34,520 Speaker 1: have and what kind of financial structure you have established, 11 00:00:35,240 --> 00:00:38,240 Speaker 1: whether they are a fiduciary, as Ramone loves to say 12 00:00:38,280 --> 00:00:42,120 Speaker 1: about his guy or you know my guy who is. 13 00:00:42,120 --> 00:00:45,240 Speaker 2: A fee based but anyway, it doesn't matter. 14 00:00:45,800 --> 00:00:47,680 Speaker 1: I mean, technically his is too, but he thinks the 15 00:00:47,680 --> 00:00:49,440 Speaker 1: word fiduciary is a big word and he doesn't know 16 00:00:49,440 --> 00:00:49,880 Speaker 1: what it means. 17 00:00:49,880 --> 00:00:54,120 Speaker 2: But anyway, I'll leave that. I'll leave that there for 18 00:00:54,200 --> 00:00:54,560 Speaker 2: a second. 19 00:00:55,120 --> 00:00:58,760 Speaker 1: You would think, I think Ramone thinks that his money 20 00:00:58,760 --> 00:01:02,000 Speaker 1: manager when he goes to the doctor and you put 21 00:01:02,000 --> 00:01:05,880 Speaker 1: in occupations as fiduciar. I think he believes that he 22 00:01:05,920 --> 00:01:10,479 Speaker 1: doesn't understand what the term actually means. But whatever, anyway, 23 00:01:11,080 --> 00:01:13,319 Speaker 1: I had long said, when you got to keep me 24 00:01:13,319 --> 00:01:16,360 Speaker 1: on track. That you don't watch the stock market up 25 00:01:16,400 --> 00:01:20,240 Speaker 1: and up, you know, on a given day, because too 26 00:01:20,319 --> 00:01:27,040 Speaker 1: many vagaries of news and happenings and rumors can affect 27 00:01:27,120 --> 00:01:28,800 Speaker 1: things negatively or positively. 28 00:01:29,160 --> 00:01:30,240 Speaker 2: That is irrational. 29 00:01:31,720 --> 00:01:37,319 Speaker 1: Now, the stock market had seen a dip when President 30 00:01:37,360 --> 00:01:43,520 Speaker 1: Trump took over, when the tariff talk heated up bigly, 31 00:01:45,360 --> 00:01:47,960 Speaker 1: and I read a lot of things. I try to 32 00:01:48,040 --> 00:01:54,160 Speaker 1: consume opinion from across the spectrum, and most everybody who 33 00:01:54,240 --> 00:01:57,360 Speaker 1: was not you know, deeply in Trump's corner, was saying, 34 00:01:57,400 --> 00:01:59,919 Speaker 1: these tariffs are a bad idea. Look at the stock market. 35 00:02:01,720 --> 00:02:04,400 Speaker 1: Looking at the stock market is not a good way 36 00:02:05,040 --> 00:02:11,080 Speaker 1: to measure long term economic plans. In fact, it's a 37 00:02:11,280 --> 00:02:15,760 Speaker 1: terrible way when you understand that the stock market is 38 00:02:15,919 --> 00:02:28,320 Speaker 1: not repeat is not a rational, practical, sophisticated determinant of 39 00:02:28,360 --> 00:02:34,760 Speaker 1: whether current economic plans are going to yield prosperity. Generally, 40 00:02:36,120 --> 00:02:41,800 Speaker 1: the stock market can rise or fall dramatically on the 41 00:02:41,800 --> 00:02:47,280 Speaker 1: basis of a lie, on the basis of hype, on 42 00:02:47,360 --> 00:02:51,800 Speaker 1: the basis of fears never come true, all sorts of things. 43 00:02:53,320 --> 00:02:57,480 Speaker 1: It is a marketplace, and there is the idea that 44 00:02:58,440 --> 00:03:04,840 Speaker 1: with sufficient numbers you achieve there's even an economic theory 45 00:03:04,880 --> 00:03:05,880 Speaker 1: on this, but I don't want to get too far 46 00:03:05,919 --> 00:03:10,480 Speaker 1: into this. You can achieve a sense of efficiency. Well, 47 00:03:10,520 --> 00:03:16,720 Speaker 1: this is about as rational as the idea that the 48 00:03:16,760 --> 00:03:21,800 Speaker 1: housing market bust in two thousand and eight was based 49 00:03:21,919 --> 00:03:24,640 Speaker 1: on taking a bad loan. You got a guy that 50 00:03:24,680 --> 00:03:28,040 Speaker 1: makes fifty thousand dollars a year and he lives in Houston, 51 00:03:28,919 --> 00:03:31,560 Speaker 1: and he takes a loan on a house in Arizona 52 00:03:31,720 --> 00:03:36,720 Speaker 1: for four hundred thousand dollars and he airbnb is a house. 53 00:03:36,560 --> 00:03:38,440 Speaker 2: Or back then there was a different process. 54 00:03:38,480 --> 00:03:41,960 Speaker 1: But he gives it to somebody to rent, and he 55 00:03:42,040 --> 00:03:44,360 Speaker 1: makes the minimal payment and he's counting on in a 56 00:03:44,480 --> 00:03:48,360 Speaker 1: year selling it for five hundred and they're called liar loans. 57 00:03:48,360 --> 00:03:51,920 Speaker 1: He would go and take that and sign that he made, 58 00:03:51,960 --> 00:03:53,560 Speaker 1: you know, two million dollars a year. 59 00:03:53,440 --> 00:03:54,640 Speaker 2: And so he would. 60 00:03:54,840 --> 00:03:58,280 Speaker 1: He would he would lie on his application, like like 61 00:03:58,400 --> 00:04:02,440 Speaker 1: Letitia James did in New York. But these were unverified loans, 62 00:04:03,320 --> 00:04:06,040 Speaker 1: which meant you tell them what they what you make 63 00:04:06,160 --> 00:04:09,880 Speaker 1: state because stated income. Uh, they would loan you money 64 00:04:09,920 --> 00:04:12,320 Speaker 1: based on what you told them you made. Well, you're 65 00:04:12,320 --> 00:04:15,040 Speaker 1: not going to leave this, but some people lied, who 66 00:04:15,080 --> 00:04:18,160 Speaker 1: would imagine and so they would have all these houses. Well, 67 00:04:18,160 --> 00:04:20,479 Speaker 1: why would you do this? Because the market was going 68 00:04:20,560 --> 00:04:22,560 Speaker 1: up and up and up. So you'd buy a house 69 00:04:22,560 --> 00:04:25,320 Speaker 1: for four hundred sell it in a year for five 70 00:04:25,400 --> 00:04:31,000 Speaker 1: hundred minus property taxes and transaction fees. You know it 71 00:04:31,080 --> 00:04:33,760 Speaker 1: was working because values are just going to go up, up, up, 72 00:04:33,839 --> 00:04:39,880 Speaker 1: until they didn't and when they started unwinding. What happened 73 00:04:39,960 --> 00:04:43,200 Speaker 1: was these lyyre loans were a big part of the 74 00:04:43,240 --> 00:04:48,480 Speaker 1: portfolio of outstanding loans. So what they did people recognized 75 00:04:48,520 --> 00:04:51,400 Speaker 1: there was risk. That's a really risky loan. That guy's 76 00:04:51,400 --> 00:04:53,279 Speaker 1: I'm able to pay it back. So what they did 77 00:04:53,320 --> 00:04:56,120 Speaker 1: is they bundled them up. Because the idea was if 78 00:04:56,200 --> 00:04:59,360 Speaker 1: you took one bad loan and added another bad loan 79 00:04:59,560 --> 00:05:02,400 Speaker 1: and another loan, if you put enough bad loans together 80 00:05:02,480 --> 00:05:07,520 Speaker 1: into a bundle, that made the bundle efficient. But that's 81 00:05:07,640 --> 00:05:13,600 Speaker 1: not true. It's quite the opposite. It had a multiplier 82 00:05:13,640 --> 00:05:16,080 Speaker 1: effect on the likelihood it would bring the whole thing down. 83 00:05:17,120 --> 00:05:20,000 Speaker 1: And I say, I'll have to say, this stock market 84 00:05:20,000 --> 00:05:23,000 Speaker 1: was up yesterday. I never comment on the stock market 85 00:05:23,000 --> 00:05:26,120 Speaker 1: on the day of because I like to have time. 86 00:05:26,160 --> 00:05:29,159 Speaker 1: In fact, I very rarely, if you notice comment on 87 00:05:29,400 --> 00:05:33,520 Speaker 1: day of news at all. Anyway, the stock market had 88 00:05:33,560 --> 00:05:37,960 Speaker 1: been down yesterday, it shot up because he pulled back 89 00:05:38,000 --> 00:05:41,719 Speaker 1: the terraces. All that by way of saying, every time 90 00:05:41,760 --> 00:05:45,720 Speaker 1: Trump says something and they panic, just understand, it's all 91 00:05:45,839 --> 00:05:50,479 Speaker 1: a negotiation. Be calm, we are the watchman. Okay, let's 92 00:05:50,560 --> 00:05:52,880 Speaker 1: let's let's be the same voices. 93 00:05:52,480 --> 00:05:58,680 Speaker 2: Out there, Michael Berry show. Graduation speeches are. 94 00:06:02,240 --> 00:06:06,840 Speaker 1: Always interesting, whether someone is trying to push their own agenda, 95 00:06:08,320 --> 00:06:11,560 Speaker 1: whether it's a pie in the sky optimism and why 96 00:06:11,560 --> 00:06:12,920 Speaker 1: not you got graduates. 97 00:06:15,040 --> 00:06:16,320 Speaker 2: President Donald Trump. 98 00:06:16,160 --> 00:06:18,960 Speaker 1: Used the opportunity while speaking at West Point to set 99 00:06:19,000 --> 00:06:23,000 Speaker 1: a new direction in a new tone for the American Army. 100 00:06:23,920 --> 00:06:26,440 Speaker 1: Rush Limba always said the military's only job was to 101 00:06:26,560 --> 00:06:30,200 Speaker 1: kill people and break things. And that's very offensive to 102 00:06:30,240 --> 00:06:34,200 Speaker 1: the people who are not warriors, but it's exactly how 103 00:06:34,200 --> 00:06:39,359 Speaker 1: warriors feel. It might sound overly simplistic, but when it 104 00:06:39,400 --> 00:06:42,200 Speaker 1: comes time to kill people and break things, which is 105 00:06:42,360 --> 00:06:45,560 Speaker 1: when we most need our military, there are lots of 106 00:06:45,560 --> 00:06:47,720 Speaker 1: people that are let into the military for all the 107 00:06:47,760 --> 00:06:50,600 Speaker 1: wrong reasons, who are not prepared to kill people and 108 00:06:50,680 --> 00:06:53,400 Speaker 1: break things. When the folks on the other side are 109 00:06:53,400 --> 00:06:57,120 Speaker 1: prepared to kill people and break things. President Trump gave 110 00:06:57,160 --> 00:07:02,400 Speaker 1: the commencement address at West Point, and he laid out 111 00:07:02,440 --> 00:07:04,960 Speaker 1: the military's true purpose. And I'm going to tell you, 112 00:07:05,440 --> 00:07:12,360 Speaker 1: I'll guarantee you. I'll guarantee you. Those folks were proud 113 00:07:12,400 --> 00:07:16,240 Speaker 1: to be an American again, proud to go into our 114 00:07:16,360 --> 00:07:20,320 Speaker 1: United States Army, proud to lead our army as officers 115 00:07:20,760 --> 00:07:23,400 Speaker 1: were the graduates at West Point there. 116 00:07:24,320 --> 00:07:28,400 Speaker 3: But under the Trump administration, those days are over. We're 117 00:07:28,440 --> 00:07:32,000 Speaker 3: getting rid of the distractions and we're focusing our military 118 00:07:32,080 --> 00:07:37,760 Speaker 3: on its core mission, crushing America's adversaries, killing America's enemies, 119 00:07:37,920 --> 00:07:41,560 Speaker 3: and defending our great American flag like it has never 120 00:07:41,600 --> 00:07:50,320 Speaker 3: been defended before. The job of the US Armed Forces 121 00:07:50,560 --> 00:07:55,920 Speaker 3: is not to host drag shows, to transform foreign cultures, 122 00:07:56,440 --> 00:08:00,680 Speaker 3: or to spread democracy to everybody around the world at 123 00:08:00,680 --> 00:08:03,680 Speaker 3: the point of a gun. The military's job is to 124 00:08:03,800 --> 00:08:08,720 Speaker 3: dominate eddy foe and annihilate any threat to America anywhere, anytime, 125 00:08:08,800 --> 00:08:17,560 Speaker 3: in any place. A big part of that job is 126 00:08:17,600 --> 00:08:20,960 Speaker 3: to be respected again. And you are, as of right now, 127 00:08:21,000 --> 00:08:24,160 Speaker 3: respected more than any army anywhere in the world. And 128 00:08:24,160 --> 00:08:27,520 Speaker 3: that's happening, and I can tell you are respected like 129 00:08:28,240 --> 00:08:29,160 Speaker 3: nobody can believe. 130 00:08:31,640 --> 00:08:35,680 Speaker 1: Then we turn to sixty minutes Scott Pelly. Now Pelly 131 00:08:35,800 --> 00:08:39,680 Speaker 1: is one of the people who is upset because sixty 132 00:08:39,679 --> 00:08:42,400 Speaker 1: minutes are sorry. CBS is having to fork over a 133 00:08:42,600 --> 00:08:47,160 Speaker 1: massive amount of money for interfering in the twenty twenty 134 00:08:47,200 --> 00:08:50,600 Speaker 1: four election. The head of CBS stepped down, the head 135 00:08:50,640 --> 00:08:54,520 Speaker 1: of their news department step down, and Scott Pelly is embarrassed, 136 00:08:55,360 --> 00:08:58,960 Speaker 1: and he's angry. And so Scott Pelly was speaking at 137 00:08:58,960 --> 00:09:01,160 Speaker 1: wake Forest, and what you going to hear here is 138 00:09:01,200 --> 00:09:08,000 Speaker 1: Scott Pelly whining he's angry. And what he's angry about 139 00:09:08,240 --> 00:09:16,599 Speaker 1: is being a journalist, being a university professor, having degrees 140 00:09:16,720 --> 00:09:20,680 Speaker 1: from Harvard or Yale or one of these. Columbia was 141 00:09:20,720 --> 00:09:24,439 Speaker 1: supposed to make them better than you. But there's more 142 00:09:24,440 --> 00:09:27,200 Speaker 1: of you than there are of them. And they abused 143 00:09:27,240 --> 00:09:34,079 Speaker 1: their power, and they used money from you to then 144 00:09:34,160 --> 00:09:38,200 Speaker 1: turn against you and to support causes and candidates that 145 00:09:38,280 --> 00:09:42,120 Speaker 1: you don't support with your dollars. And now Trump came 146 00:09:42,160 --> 00:09:46,040 Speaker 1: in and said, hey, guys, I'll go in and shatter 147 00:09:46,120 --> 00:09:48,640 Speaker 1: this thing. You couldn't get a Bush family member to 148 00:09:48,679 --> 00:09:50,480 Speaker 1: do that, they were as tied into this. You couldn't 149 00:09:50,480 --> 00:09:52,600 Speaker 1: get a Romney to do that. You couldn't get Obama 150 00:09:52,640 --> 00:09:56,480 Speaker 1: to do that. They were all tied into the august 151 00:09:56,760 --> 00:10:01,840 Speaker 1: nature of Harvard University, and they all wanted their kids 152 00:10:01,840 --> 00:10:05,480 Speaker 1: to go there. They all want to be associated with it. Well, 153 00:10:05,520 --> 00:10:07,079 Speaker 1: Trump comes in and goes in and speaks at the 154 00:10:07,160 --> 00:10:11,600 Speaker 1: University of Alabama and says, this is the crimson that's 155 00:10:11,600 --> 00:10:14,800 Speaker 1: going to be leading the future. And Americans roared because 156 00:10:14,840 --> 00:10:18,600 Speaker 1: we're tired of the Ivy League getting all this money, 157 00:10:18,760 --> 00:10:23,200 Speaker 1: getting all this preference. And Scott Pelley is upset because 158 00:10:23,240 --> 00:10:27,040 Speaker 1: Donald Trump is bringing shame upon people who deserve it, 159 00:10:27,880 --> 00:10:31,080 Speaker 1: and that comes at his expense on multiple levels. 160 00:10:31,160 --> 00:10:31,840 Speaker 2: Listen to him. 161 00:10:32,160 --> 00:10:37,000 Speaker 4: But in this moment, this moment, this morning, our sacred 162 00:10:37,120 --> 00:10:44,000 Speaker 4: rule of law is underattack. Journalism is under attack, universities 163 00:10:44,320 --> 00:10:52,000 Speaker 4: are under attack. Freedom of speech is underattack, and insidious fear. 164 00:10:54,320 --> 00:10:55,360 Speaker 5: Is reaching. 165 00:10:56,760 --> 00:11:02,719 Speaker 4: Through our schools, our businesses, our homes, and into our 166 00:11:02,760 --> 00:11:06,439 Speaker 4: private thoughts, the fear to. 167 00:11:06,520 --> 00:11:17,520 Speaker 5: Speak in America. Power can rewrite history with grotesque, false narratives. 168 00:11:18,840 --> 00:11:25,199 Speaker 5: They can make criminals heroes and heroes criminals. Power can 169 00:11:25,320 --> 00:11:31,640 Speaker 5: change the definition of the words we use to describe reality. 170 00:11:32,360 --> 00:11:38,720 Speaker 5: Diversity is now described as illegal. Equity is to be shunned. 171 00:11:39,480 --> 00:11:42,480 Speaker 5: Inclusion is a dirty word. 172 00:11:42,640 --> 00:11:45,959 Speaker 2: Yes, this is an old. 173 00:11:45,720 --> 00:11:47,559 Speaker 4: Playbook, my friends. 174 00:11:47,800 --> 00:11:50,600 Speaker 2: There's nothing new in this. You know the beauty. 175 00:11:51,120 --> 00:11:55,199 Speaker 1: You really gotta admire what these people do. They make 176 00:11:55,520 --> 00:11:59,720 Speaker 1: what they do which is evil discrimination, they make it noble. 177 00:12:00,400 --> 00:12:04,920 Speaker 1: So then anyone who criticizes it is ignoble because what 178 00:12:04,920 --> 00:12:08,400 Speaker 1: they're doing is decent. This has been done by Marxist 179 00:12:08,440 --> 00:12:09,280 Speaker 1: throughout history. 180 00:12:10,120 --> 00:12:10,840 Speaker 2: Well, let's check in. 181 00:12:10,880 --> 00:12:13,080 Speaker 1: Since one of the subject of speeches, let's check in 182 00:12:13,120 --> 00:12:17,720 Speaker 1: on Jasmine Crockett giving the commencement address at Tugalou College. 183 00:12:17,840 --> 00:12:19,320 Speaker 2: Here's what she had to say for. 184 00:12:19,520 --> 00:12:22,040 Speaker 6: Going to be people that tell you that you don't belong, 185 00:12:22,120 --> 00:12:24,240 Speaker 6: and I am here to tell you over and over 186 00:12:24,400 --> 00:12:28,320 Speaker 6: and over that you absolutely belong. There are people that 187 00:12:28,400 --> 00:12:30,079 Speaker 6: are going to tell you that there is not a 188 00:12:30,120 --> 00:12:33,040 Speaker 6: table in which there is a seat for you. But 189 00:12:33,120 --> 00:12:36,280 Speaker 6: I am here to remind you of Montgomery and those 190 00:12:36,360 --> 00:12:40,400 Speaker 6: folding chairs. Let me tell you, did we know how 191 00:12:40,400 --> 00:12:44,800 Speaker 6: to use a chair? Whether we pulling it up? Are 192 00:12:44,800 --> 00:12:46,439 Speaker 6: we doing something else with it? 193 00:12:46,559 --> 00:12:46,719 Speaker 7: Oh? 194 00:12:46,880 --> 00:12:50,080 Speaker 2: Now, hear let me heed. Somebody wait to. 195 00:12:50,120 --> 00:12:53,840 Speaker 6: Tell you that I know that y'all are ready to 196 00:12:53,920 --> 00:13:00,000 Speaker 6: put your boots on the ground again. Yes, that's your key, 197 00:13:00,280 --> 00:13:04,000 Speaker 6: I said, can carry out. 198 00:13:04,880 --> 00:13:10,040 Speaker 2: Yeah, I'm gonna dance, y'all. Don't judge me now because 199 00:13:10,080 --> 00:13:15,120 Speaker 2: I'm feeling it. They gonna tell you that you ain't 200 00:13:15,200 --> 00:13:17,640 Speaker 2: smart as they is. They gonna tell it to you. 201 00:13:18,559 --> 00:13:19,840 Speaker 2: But let me tell you. 202 00:13:20,600 --> 00:13:22,960 Speaker 8: If they don't hire you, if they don't give you 203 00:13:23,000 --> 00:13:24,880 Speaker 8: their money, if they don't. 204 00:13:24,640 --> 00:13:26,800 Speaker 2: Do what you want them to do, you can either 205 00:13:26,880 --> 00:13:28,840 Speaker 2: sit in the chair or you can take the chair 206 00:13:28,880 --> 00:13:30,760 Speaker 2: to they head. That's what I'm talking about. 207 00:13:31,600 --> 00:13:33,040 Speaker 8: And if we got to pull out a gun, we're 208 00:13:33,040 --> 00:13:34,560 Speaker 8: gonna be We're gonna get our boots out. 209 00:13:35,200 --> 00:13:36,360 Speaker 2: We're gonna create the war. 210 00:13:36,920 --> 00:13:40,480 Speaker 8: If we got to intimidate them vote into doing what 211 00:13:40,520 --> 00:13:43,960 Speaker 8: we want, then we gonna do it. What I'm saying, 212 00:13:44,480 --> 00:13:47,800 Speaker 8: what I'm here to tell you, Yeah, because now you 213 00:13:47,800 --> 00:13:49,360 Speaker 8: don't got a degree. 214 00:13:50,640 --> 00:13:53,920 Speaker 2: From a historically black college and university. We don't want 215 00:13:53,960 --> 00:13:56,719 Speaker 2: no white people here though, because the inclusions. 216 00:13:56,240 --> 00:13:59,040 Speaker 4: Can say something nice, you can always say it on 217 00:13:59,080 --> 00:13:59,880 Speaker 4: the Michael Perrys. 218 00:14:00,640 --> 00:14:05,920 Speaker 1: Since we were talking about graduation speeches, it's that season, right, 219 00:14:07,160 --> 00:14:12,120 Speaker 1: Joe Biden told the audience at Morehouse, a historically black 220 00:14:12,120 --> 00:14:16,920 Speaker 1: college and university, that their country didn't love them, you know, 221 00:14:17,000 --> 00:14:20,640 Speaker 1: Thomas Soul has talked a lot about this. When you 222 00:14:20,720 --> 00:14:26,920 Speaker 1: tell young black people that this country doesn't love you, you 223 00:14:25,360 --> 00:14:29,640 Speaker 1: don't make them love this country back. You instill in 224 00:14:29,680 --> 00:14:35,160 Speaker 1: them resentment and bitterness. And young minds are easily formed, 225 00:14:37,320 --> 00:14:44,680 Speaker 1: and it's important to give them optimism rather than cynicism 226 00:14:44,760 --> 00:14:48,680 Speaker 1: and skepticism and victimhood, because it's very hard for people 227 00:14:48,760 --> 00:14:50,479 Speaker 1: once they're in that mindset. 228 00:14:51,760 --> 00:14:54,760 Speaker 2: I saw a video the other day. It was of 229 00:14:54,800 --> 00:14:55,360 Speaker 2: these kids. 230 00:14:55,480 --> 00:14:56,240 Speaker 9: It was a. 231 00:14:58,120 --> 00:15:03,640 Speaker 1: Series of posts about Japan and the people there, and 232 00:15:04,040 --> 00:15:06,360 Speaker 1: it was a group of school kids and they were 233 00:15:06,400 --> 00:15:08,560 Speaker 1: walking on the sidewalk and they were getting ready to 234 00:15:09,080 --> 00:15:13,280 Speaker 1: cross the street and a bus or a truck driver 235 00:15:13,640 --> 00:15:17,840 Speaker 1: pulls up and he stops and lets them all cross, 236 00:15:19,000 --> 00:15:21,880 Speaker 1: And after they crossed, they all stopped and waved and 237 00:15:21,920 --> 00:15:27,160 Speaker 1: thanked him. Then he moved on and they were smiling 238 00:15:27,200 --> 00:15:30,520 Speaker 1: and waving as they crossed, But at the end they all, 239 00:15:30,560 --> 00:15:33,120 Speaker 1: once they got safely across, stopped and waved and thanked him. 240 00:15:33,200 --> 00:15:33,600 Speaker 2: Very much. 241 00:15:35,640 --> 00:15:40,640 Speaker 1: You can learn a lot about people by how they 242 00:15:40,760 --> 00:15:43,960 Speaker 1: act when they crossed the street in front of you, 243 00:15:44,040 --> 00:15:46,800 Speaker 1: and you were in a car and they've already parked 244 00:15:46,800 --> 00:15:51,800 Speaker 1: and they're going into the event. There are culturally different 245 00:15:51,840 --> 00:15:55,920 Speaker 1: ways people cross the street and their attitude about crossing 246 00:15:55,920 --> 00:16:00,400 Speaker 1: the street. If you hold the door for somebody as 247 00:16:00,400 --> 00:16:02,840 Speaker 1: they are entering a building and you're going in before them, 248 00:16:02,880 --> 00:16:05,680 Speaker 1: and you're far enough ahead that you could just let 249 00:16:05,720 --> 00:16:07,240 Speaker 1: it go and they won't be able to get it'll 250 00:16:07,280 --> 00:16:09,720 Speaker 1: close all the way, and you stand and hold the 251 00:16:09,720 --> 00:16:12,400 Speaker 1: door for them to go in. There are people who 252 00:16:12,400 --> 00:16:17,240 Speaker 1: will say, why, thank you, I appreciate that. And there 253 00:16:17,240 --> 00:16:19,920 Speaker 1: are people who pretend they don't notice that you did that. 254 00:16:21,640 --> 00:16:25,440 Speaker 1: And then there are people who you can tell are 255 00:16:25,520 --> 00:16:32,080 Speaker 1: making a statement by not acknowledging it. I'm not saying 256 00:16:32,120 --> 00:16:36,000 Speaker 1: anyone as any you've probably had this experience, and if 257 00:16:36,000 --> 00:16:39,320 Speaker 1: you haven't, maybe you haven't. But there are people for 258 00:16:39,400 --> 00:16:42,880 Speaker 1: whom everyone fits into one of those three categories. 259 00:16:43,120 --> 00:16:43,320 Speaker 2: Right. 260 00:16:45,000 --> 00:16:47,400 Speaker 1: Joe Biden told the audience at more House that their 261 00:16:47,440 --> 00:16:49,680 Speaker 1: country did not love them. This was the President of 262 00:16:49,680 --> 00:16:52,360 Speaker 1: the United States last year speaking at Morehouse College aid 263 00:16:52,800 --> 00:16:55,160 Speaker 1: historically black college and university. 264 00:16:56,080 --> 00:16:59,960 Speaker 7: You missed your high school graduation. You start a calling 265 00:17:00,200 --> 00:17:05,000 Speaker 7: Just as George Floyd was murdered and there was a 266 00:17:05,040 --> 00:17:09,720 Speaker 7: reckoning on race, What is democracy if black matter? Man 267 00:17:09,840 --> 00:17:15,080 Speaker 7: killed on the street. What is democracy, betrayal of broken promises, 268 00:17:15,119 --> 00:17:20,399 Speaker 7: slowly black communities behind. What is democracy if you have 269 00:17:20,440 --> 00:17:22,240 Speaker 7: to be ten times better than anyone. 270 00:17:21,920 --> 00:17:23,200 Speaker 2: Else to get a fair shot. 271 00:17:24,240 --> 00:17:28,639 Speaker 7: And most of all, what does it mean, as you've 272 00:17:28,720 --> 00:17:32,000 Speaker 7: heard before, to be a black man who loves his 273 00:17:32,080 --> 00:17:35,800 Speaker 7: country even if it doesn't love him back in equal measure? 274 00:17:39,240 --> 00:17:46,080 Speaker 1: That is how you doom young people. I have frequently 275 00:17:46,160 --> 00:17:48,399 Speaker 1: said that much of the success I have enjoyed in 276 00:17:48,400 --> 00:17:52,800 Speaker 1: my life is because from the earliest ages my parents 277 00:17:53,200 --> 00:17:58,120 Speaker 1: and my teachers inspired me that I had great gifts 278 00:17:58,560 --> 00:18:00,200 Speaker 1: and that if I would put them to good. 279 00:18:00,160 --> 00:18:03,480 Speaker 2: Use, I could be somebody. 280 00:18:04,320 --> 00:18:06,359 Speaker 1: I don't think you should pat your kid on the 281 00:18:06,359 --> 00:18:08,720 Speaker 1: back for everything. I would have teachers who would say 282 00:18:08,720 --> 00:18:13,400 Speaker 1: to me, you made a ninety eight, but you should 283 00:18:13,400 --> 00:18:16,480 Speaker 1: have made a hundred. You made an a, but you 284 00:18:16,520 --> 00:18:19,560 Speaker 1: could have done better. You've got to push yourself harder, 285 00:18:20,200 --> 00:18:23,000 Speaker 1: because what does public school do. It compresses everybody in 286 00:18:23,000 --> 00:18:25,679 Speaker 1: the middle. It tries to get the kid at the 287 00:18:25,680 --> 00:18:29,639 Speaker 1: bottom up to the middle, and it has no space 288 00:18:29,640 --> 00:18:31,280 Speaker 1: for the kid at the top. Hey, you're not causing 289 00:18:31,280 --> 00:18:35,640 Speaker 1: any problems. Just keep doing what you're doing. So it 290 00:18:35,680 --> 00:18:37,520 Speaker 1: doesn't super serve the kid at the top. 291 00:18:37,720 --> 00:18:38,199 Speaker 2: It doesn't. 292 00:18:38,280 --> 00:18:40,800 Speaker 1: It's not built to It's built for the masses. This 293 00:18:40,960 --> 00:18:43,879 Speaker 1: was a mass education inculcation effort. 294 00:18:44,000 --> 00:18:44,720 Speaker 2: We know that, right. 295 00:18:46,160 --> 00:18:52,040 Speaker 1: A Pharmacy benefits manager or PBM is a third party 296 00:18:52,160 --> 00:18:59,120 Speaker 1: company that manages prescription drug benefits on behalf of health insurers, employers, unions, 297 00:18:59,119 --> 00:19:03,359 Speaker 1: and government program There are a lot of people involved 298 00:19:03,480 --> 00:19:08,800 Speaker 1: in the racket of healthcare today who hate their jobs, 299 00:19:09,640 --> 00:19:13,080 Speaker 1: who are listening right now and going, oh good, I'm 300 00:19:13,119 --> 00:19:13,960 Speaker 1: glad we're going. 301 00:19:13,840 --> 00:19:16,440 Speaker 2: To expose this. Let me start that over. 302 00:19:17,040 --> 00:19:22,320 Speaker 1: A Pharmacy benefits manager or PBM is a third party 303 00:19:22,359 --> 00:19:29,920 Speaker 1: company that manages prescription drug benefits on behalf of health insurers, employers, unions, 304 00:19:29,960 --> 00:19:34,680 Speaker 1: and government programs. PBMs play a key role in how 305 00:19:34,760 --> 00:19:43,399 Speaker 1: medications are accessed, priced, and reimbursed in the US healthcare system. 306 00:19:44,760 --> 00:19:48,840 Speaker 1: Arkansas Governor Sarah Huckabee Sanders, we like her signed House 307 00:19:48,880 --> 00:19:54,879 Speaker 1: Bill eleven fifty in ending the conflict of interest of 308 00:19:55,080 --> 00:20:03,400 Speaker 1: PBMs owning pharmacies. Now, what happened as a result, Well, 309 00:20:03,400 --> 00:20:05,360 Speaker 1: we'll get to that moment. All right, here's the bill 310 00:20:05,440 --> 00:20:06,040 Speaker 1: she has signed. 311 00:20:06,800 --> 00:20:10,200 Speaker 9: For far too long, drug middlemen called PBMs have taken 312 00:20:10,240 --> 00:20:14,560 Speaker 9: advantage of customers and raised drug prices. Under my leadership, 313 00:20:14,640 --> 00:20:17,960 Speaker 9: Arkansas took action and imposed nearly one point five million 314 00:20:18,000 --> 00:20:22,600 Speaker 9: dollars in fines against law breaking PBMs last year. Now 315 00:20:22,600 --> 00:20:27,040 Speaker 9: we're going even further and banding PBM conflicts of interest Altogether. 316 00:20:27,680 --> 00:20:32,640 Speaker 9: This will prevent inflated drug prices, protect pharmaceutical access across 317 00:20:32,680 --> 00:20:36,520 Speaker 9: our state, and help our Kansons be healthier for less money. 318 00:20:37,160 --> 00:20:40,320 Speaker 9: Some of these big businesses are worried because Arkansas is 319 00:20:40,400 --> 00:20:43,600 Speaker 9: leading the way and they don't want other states to 320 00:20:43,720 --> 00:20:46,720 Speaker 9: follow our lead. But we're not afraid to be a 321 00:20:46,760 --> 00:20:50,120 Speaker 9: conservative leader for America, and I will never be afraid 322 00:20:50,119 --> 00:20:53,520 Speaker 9: to stand up for our seniors, our veterans, and everyone 323 00:20:53,560 --> 00:20:56,440 Speaker 9: else who relies on their local pharmacy to stay healthy. 324 00:20:58,880 --> 00:21:06,480 Speaker 1: Now, as a result, after House Built eleven fifty in 325 00:21:06,680 --> 00:21:13,679 Speaker 1: Arkansas was signed, Forest Park Pharmacy took to TikTok with 326 00:21:13,840 --> 00:21:16,080 Speaker 1: this bit of industry news. 327 00:21:17,240 --> 00:21:22,240 Speaker 10: BBS is moving forward with closing all locations in Arkansas 328 00:21:22,320 --> 00:21:26,560 Speaker 10: after the state banned PBMs from owning pharmacies. They only 329 00:21:26,560 --> 00:21:29,960 Speaker 10: have twenty three locations there, but it proved where these 330 00:21:29,960 --> 00:21:33,440 Speaker 10: companies make their money. Before the bill even passed, they 331 00:21:33,440 --> 00:21:36,560 Speaker 10: were running ads telling everybody that if the state moved 332 00:21:36,600 --> 00:21:39,480 Speaker 10: forward with the legislation, they were going to close. 333 00:21:39,240 --> 00:21:40,200 Speaker 2: All their stores. 334 00:21:40,720 --> 00:21:43,920 Speaker 10: There was never even a whisper of them considering stopping 335 00:21:44,000 --> 00:21:47,960 Speaker 10: PBM operations. They threatened that people would lose access to 336 00:21:48,040 --> 00:21:51,320 Speaker 10: care if they couldn't own pharmacies and PBMs. But when 337 00:21:51,359 --> 00:21:53,480 Speaker 10: it came down to it, they chose to be a 338 00:21:53,520 --> 00:21:58,400 Speaker 10: middleman rather than a provider that speaks volumes. The middleman 339 00:21:58,480 --> 00:22:00,840 Speaker 10: has wrangled completely old people. 340 00:22:01,480 --> 00:22:03,359 Speaker 1: Because we'll play the rest of it in the next segment. 341 00:22:04,480 --> 00:22:09,120 Speaker 1: What we're experiencing here are the hidden costs and control 342 00:22:10,200 --> 00:22:13,560 Speaker 1: because he who has the gold makes the rules. That's 343 00:22:13,560 --> 00:22:19,200 Speaker 1: the golden rule. How many people can't get their medication. 344 00:22:19,480 --> 00:22:23,760 Speaker 1: How many doctors don't perform this or that procedure because 345 00:22:23,800 --> 00:22:28,640 Speaker 1: they can't get the insurance recovery, which means the insurance 346 00:22:28,640 --> 00:22:32,280 Speaker 1: companies are like the people during the Biden administration who 347 00:22:32,320 --> 00:22:40,960 Speaker 1: were loading that the teleprompter. They're actually in charge. 348 00:22:41,720 --> 00:22:43,200 Speaker 2: So let's recap for a moment. 349 00:22:43,560 --> 00:22:49,320 Speaker 1: Because my dad's eighty five, I'm fifty four, my wife's 350 00:22:49,320 --> 00:22:53,000 Speaker 1: fifty seven. You know, for many years we didn't have kids, 351 00:22:53,000 --> 00:22:56,280 Speaker 1: so we didn't really need health care, and we were 352 00:22:56,320 --> 00:22:59,560 Speaker 1: young and healthy, so we didn't need health care, neither 353 00:22:59,560 --> 00:23:02,439 Speaker 1: one of us as a major chronic condition, so we're lucky. 354 00:23:03,840 --> 00:23:06,800 Speaker 2: But my dad does and has his entire life. 355 00:23:06,960 --> 00:23:10,480 Speaker 1: And then my mom passed, and between her and my dad, 356 00:23:10,640 --> 00:23:12,280 Speaker 1: one or the other of them was in the hospital 357 00:23:12,359 --> 00:23:16,200 Speaker 1: almost once a week for years. It was very traumatic 358 00:23:16,440 --> 00:23:18,800 Speaker 1: for me. I went to bed every night if I 359 00:23:18,880 --> 00:23:21,800 Speaker 1: wasn't driving to Beaumont to be there with him overnight, 360 00:23:22,280 --> 00:23:24,960 Speaker 1: and then rushing back in the morning. Beaumont's a a 361 00:23:25,000 --> 00:23:27,439 Speaker 1: little over an hour drive for me. There was a 362 00:23:27,480 --> 00:23:30,760 Speaker 1: lot of windshield time at the end or beginning of 363 00:23:30,800 --> 00:23:38,879 Speaker 1: a long day. And it's traumatic, right, it's debilitated, it's fatiguing. Well, 364 00:23:40,080 --> 00:23:44,120 Speaker 1: you really learn insights into things, and COVID brought that 365 00:23:44,320 --> 00:23:48,240 Speaker 1: to bear when you couldn't get ivermectin, when you couldn't 366 00:23:48,240 --> 00:23:51,800 Speaker 1: get hydroxychloroic, when when your doctor couldn't tell you to 367 00:23:51,920 --> 00:23:59,280 Speaker 1: use that because they were being pushed to write scripts. 368 00:24:00,000 --> 00:24:03,560 Speaker 1: When your doctor can't tell you how best he can 369 00:24:03,640 --> 00:24:09,840 Speaker 1: heal you, but instead for issues of money control, hospital 370 00:24:09,880 --> 00:24:15,080 Speaker 1: system control is forced into giving you advice that is 371 00:24:15,160 --> 00:24:20,439 Speaker 1: not the best guidance. That's a problem, that's a quality 372 00:24:20,440 --> 00:24:26,159 Speaker 1: of life drop right. So in a state of Arkansas, 373 00:24:26,760 --> 00:24:31,920 Speaker 1: they went after this, They went after these PBMs prescription 374 00:24:32,080 --> 00:24:35,719 Speaker 1: benefit managers, and as a result, CBS said, uh huh, 375 00:24:36,080 --> 00:24:41,000 Speaker 1: we're pulling out. And the theory goes CVS would rather 376 00:24:41,119 --> 00:24:46,440 Speaker 1: write off Arkansas not do business there. Then other states 377 00:24:46,560 --> 00:24:53,199 Speaker 1: see that CBS consented to this change in policy, because 378 00:24:53,240 --> 00:24:55,920 Speaker 1: then Texas and New York and California and Florida and 379 00:24:55,960 --> 00:24:58,760 Speaker 1: everywhere else would say, hey, in Texas, you're willing to 380 00:24:58,800 --> 00:25:01,760 Speaker 1: play that game. In Texas, you're willing to be fair. 381 00:25:02,280 --> 00:25:05,200 Speaker 1: So CBS said, we can't let that happen. So CBS 382 00:25:05,240 --> 00:25:10,560 Speaker 1: pulled out. That's the way big corporations think. So here 383 00:25:10,640 --> 00:25:16,080 Speaker 1: is Forest Park Pharmacy, an independent pharmacy presumably, and them 384 00:25:16,160 --> 00:25:19,480 Speaker 1: talking about the fact that CBS had twenty three pharmacies 385 00:25:19,800 --> 00:25:21,360 Speaker 1: in Arkansas and they pulled out. 386 00:25:22,080 --> 00:25:27,040 Speaker 10: FBS is moving forward with closing all locations in Arkansas 387 00:25:27,080 --> 00:25:31,200 Speaker 10: after the state banned PBMs from owning pharmacies. They only 388 00:25:31,240 --> 00:25:34,520 Speaker 10: have twenty three locations there. But it proves where these 389 00:25:34,560 --> 00:25:35,399 Speaker 10: companies make their mind. 390 00:25:35,480 --> 00:25:36,480 Speaker 2: Right, let me stop you there. 391 00:25:37,000 --> 00:25:40,440 Speaker 1: Back before big pharma started buying large amounts of ad 392 00:25:40,480 --> 00:25:44,960 Speaker 1: time on every news program, organizations like CBS did real reporting. 393 00:25:45,480 --> 00:25:47,640 Speaker 1: This was our friend Cheryl Atkinson when she was at 394 00:25:47,640 --> 00:25:51,560 Speaker 1: CBS in two thousand and six, reporting that flu deaths 395 00:25:51,680 --> 00:25:55,960 Speaker 1: among the elderly climbed, didn't drop, climbed after getting the 396 00:25:55,960 --> 00:25:56,720 Speaker 1: flu shot. 397 00:25:56,880 --> 00:25:59,520 Speaker 11: It stands to reason that flu deaths among the elderly 398 00:25:59,520 --> 00:26:02,520 Speaker 11: should have makeing a dramatic dip making an X graph 399 00:26:02,720 --> 00:26:07,080 Speaker 11: like this. Instead, flute deaths among the elderly continue to climb. 400 00:26:07,160 --> 00:26:08,680 Speaker 2: WHOA, it was hot yesterday. 401 00:26:09,200 --> 00:26:12,680 Speaker 11: Here's what scientists have found over twenty years. The percentage 402 00:26:12,680 --> 00:26:16,240 Speaker 11: of seniors getting flu shots increase sharply, from fifteen percent 403 00:26:16,520 --> 00:26:19,400 Speaker 11: to sixty five percent. It stands to reason that flu 404 00:26:19,520 --> 00:26:22,320 Speaker 11: deaths among the elderly should have taken a dramatic dip 405 00:26:22,600 --> 00:26:26,359 Speaker 11: making an X graph like this. Instead, flu deaths among 406 00:26:26,400 --> 00:26:29,719 Speaker 11: the elderly continue to climb. It was hard to believe, 407 00:26:29,800 --> 00:26:32,200 Speaker 11: so were searchers at the National Institutes of Health set 408 00:26:32,200 --> 00:26:34,480 Speaker 11: out to do a study adjusting for all kinds of 409 00:26:34,520 --> 00:26:37,560 Speaker 11: factors that could be masking the true benefits of the shots. 410 00:26:37,680 --> 00:26:40,040 Speaker 11: But no matter how they crunched the numbers, they got 411 00:26:40,080 --> 00:26:44,119 Speaker 11: the same disappointing result. Blue shots had not reduced deaths 412 00:26:44,119 --> 00:26:47,480 Speaker 11: among the elderly. It's not what health officials hope to find. 413 00:26:47,880 --> 00:26:50,879 Speaker 11: NIH wouldn't let us interview the study's lead author, so 414 00:26:50,960 --> 00:26:53,679 Speaker 11: we went to Boston and found the only co author 415 00:26:53,880 --> 00:26:58,080 Speaker 11: not employed by NIH, doctor Tom Reikert. We realized that 416 00:26:58,160 --> 00:27:02,000 Speaker 11: we had incendiary material. Doctor Reichert says they thought their 417 00:27:02,040 --> 00:27:05,159 Speaker 11: study would prove vaccinations. It helped. We were trying to 418 00:27:05,200 --> 00:27:09,080 Speaker 11: do something mainstream, that's for sure. Were you surprised astonished? 419 00:27:09,160 --> 00:27:10,919 Speaker 11: Did you check the data a couple of times to 420 00:27:11,000 --> 00:27:11,600 Speaker 11: make sure? 421 00:27:11,760 --> 00:27:11,920 Speaker 7: Well? 422 00:27:12,000 --> 00:27:13,960 Speaker 11: Even more than that, we've looked at other countries now 423 00:27:14,520 --> 00:27:16,720 Speaker 11: and the same is true. That study soon to be 424 00:27:16,760 --> 00:27:21,240 Speaker 11: published finds the same poor results in Australia, France, Canada 425 00:27:21,280 --> 00:27:25,040 Speaker 11: and the UK, and other new research stokes the idea 426 00:27:25,160 --> 00:27:28,160 Speaker 11: that decades of promoting flu shots and seniors and the 427 00:27:28,200 --> 00:27:32,440 Speaker 11: billion spent haven't had the desired result. The current head 428 00:27:32,440 --> 00:27:36,400 Speaker 11: of National Imanizations confirmed CDC is now looking at new strategies, 429 00:27:36,680 --> 00:27:39,440 Speaker 11: but stop short of calling the present policy a failure. 430 00:27:39,560 --> 00:27:41,879 Speaker 1: There's an active dialogue into how we can do better 431 00:27:42,119 --> 00:27:45,199 Speaker 1: to prevent influenza and its complications in the elderly. 432 00:27:45,400 --> 00:27:48,359 Speaker 11: So what's an older person to do? The CDC says 433 00:27:48,359 --> 00:27:50,640 Speaker 11: they should still get their flu shots, that it could 434 00:27:50,640 --> 00:27:53,880 Speaker 11: make flu less severe or prevent other problems not reflected 435 00:27:53,920 --> 00:27:56,680 Speaker 11: in the total numbers, but watch for CDC to likely 436 00:27:56,720 --> 00:27:59,679 Speaker 11: shift in the near future more toward protecting the elderly 437 00:27:59,720 --> 00:28:03,240 Speaker 11: in a roundabout way by vaccinating more children and others 438 00:28:03,280 --> 00:28:06,680 Speaker 11: around them who could give them the flu. Wrl Akison, 439 00:28:06,800 --> 00:28:08,120 Speaker 11: CBS News Washington. 440 00:28:08,600 --> 00:28:12,440 Speaker 1: Did you hear what the CDC just said. When we 441 00:28:12,480 --> 00:28:14,840 Speaker 1: give the flu they called a flu shot, because it's 442 00:28:14,880 --> 00:28:18,200 Speaker 1: not a vaccine, we give the flu vaccine. Let's call 443 00:28:18,240 --> 00:28:21,560 Speaker 1: it what they used to call it. They don't want 444 00:28:21,600 --> 00:28:25,800 Speaker 1: that because the vaccine prevents you forgetting something. Remember when 445 00:28:26,000 --> 00:28:30,680 Speaker 1: Joe Biden said that the COVID shot prevented you from 446 00:28:30,840 --> 00:28:34,879 Speaker 1: getting COVID. You can't get it, you can't spread it. 447 00:28:35,840 --> 00:28:38,240 Speaker 1: That was a complete lie. Of course, everything about it 448 00:28:38,240 --> 00:28:44,560 Speaker 1: Biden administration was. The CDC said, if giving the shot 449 00:28:44,640 --> 00:28:49,200 Speaker 1: to old people is killing more old people than it saves, 450 00:28:49,440 --> 00:28:52,520 Speaker 1: that would assume the shot even worked. But it's killing 451 00:28:52,560 --> 00:28:57,160 Speaker 1: more people than it saves, then you know what we'll do. 452 00:28:57,400 --> 00:29:01,360 Speaker 1: We'll start giving the shot to everyone around the old people. Well, 453 00:29:01,360 --> 00:29:02,720 Speaker 1: do you rouse it's going to kill some of those 454 00:29:02,720 --> 00:29:06,040 Speaker 1: people as well, do you know how many people died 455 00:29:06,080 --> 00:29:07,800 Speaker 1: from the COVID shot? Do you know how many people 456 00:29:07,920 --> 00:29:10,640 Speaker 1: die from the flu shot? They don't want you to 457 00:29:10,720 --> 00:29:13,680 Speaker 1: know this. A study coming out of I think it 458 00:29:13,680 --> 00:29:16,440 Speaker 1: was a University of Michigan said the flu shot had 459 00:29:16,480 --> 00:29:21,240 Speaker 1: a negative efficacy rate. More people die from getting the 460 00:29:21,280 --> 00:29:26,000 Speaker 1: shot than are saved by taking it. You know, we 461 00:29:26,120 --> 00:29:29,520 Speaker 1: had several years ago we had somebody that was I 462 00:29:29,520 --> 00:29:31,880 Speaker 1: think they'd been at the NIH, a National Institute of Help, 463 00:29:32,800 --> 00:29:35,160 Speaker 1: and they explained how the flu shot is put together. 464 00:29:35,200 --> 00:29:39,400 Speaker 1: Every year, there is a convention that's pulled together at 465 00:29:39,400 --> 00:29:42,400 Speaker 1: the end of February, and they have to decide, as 466 00:29:42,440 --> 00:29:46,240 Speaker 1: I understand it, by the end of February, on which 467 00:29:46,320 --> 00:29:49,120 Speaker 1: of three strains of the flu it could be this year. 468 00:29:49,520 --> 00:29:53,040 Speaker 1: They have to pick one so that on March first 469 00:29:53,080 --> 00:29:57,040 Speaker 1: they can begin production of the flu shot to have 470 00:29:57,120 --> 00:29:59,479 Speaker 1: it ready for the fall. So you've got a one 471 00:29:59,520 --> 00:30:03,200 Speaker 1: in three chance of even getting it right, but you 472 00:30:03,280 --> 00:30:06,680 Speaker 1: got one hundred percent chance of having been exposed to 473 00:30:06,800 --> 00:30:10,040 Speaker 1: a dangerous shot if you take it. Now, who on 474 00:30:10,080 --> 00:30:11,960 Speaker 1: earth would would make the decision for you to do 475 00:30:12,040 --> 00:30:16,560 Speaker 1: that unless you were making billions of dollars off selling 476 00:30:16,560 --> 00:30:20,040 Speaker 1: the flu shot. Well, CVS and Walgreen's told me to 477 00:30:20,080 --> 00:30:20,440 Speaker 1: come in. 478 00:30:20,400 --> 00:30:20,880 Speaker 2: And take it. 479 00:30:21,000 --> 00:30:23,280 Speaker 1: Oh you mean they told you to come in the 480 00:30:23,320 --> 00:30:25,400 Speaker 1: door so they'd get paid to give you the shot. 481 00:30:26,200 --> 00:30:28,400 Speaker 1: And while you're there you might pick up some snacks 482 00:30:28,400 --> 00:30:31,560 Speaker 1: and cokes and all sorts of other stuff. Of course, 483 00:30:31,560 --> 00:30:33,920 Speaker 1: they told you to. That's what got you to go 484 00:30:34,000 --> 00:30:36,600 Speaker 1: into CVS and Walgreens so they can make more money. 485 00:30:37,240 --> 00:30:40,000 Speaker 1: Gas stations don't make their money off the gas. That's 486 00:30:40,040 --> 00:30:41,560 Speaker 1: to get you in the door and buy the rest 487 00:30:41,560 --> 00:30:42,080 Speaker 1: of the stuff. 488 00:30:43,120 --> 00:30:44,040 Speaker 2: Good grief. 489 00:30:45,160 --> 00:30:48,880 Speaker 1: The evil afoot in this country, The evil a foot 490 00:30:48,920 --> 00:30:51,880 Speaker 1: in this country, the things that are passing, the people 491 00:30:51,880 --> 00:30:53,800 Speaker 1: that are I'm doing the right thing. I'm taking care 492 00:30:53,840 --> 00:30:57,160 Speaker 1: of myself. Bless your heart. You tried to but evil 493 00:30:57,200 --> 00:30:59,800 Speaker 1: people lied to you. You did nothing wrong other than 494 00:30:59,800 --> 00:31:02,520 Speaker 1: being the naive neighbor. You should assume you can't trust 495 00:31:02,560 --> 00:31:05,880 Speaker 1: anything these people say.