WEBVTT - A Blonde Chick On Fox

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<v Speaker 1>Broadcasting live from the Abraham Lincoln Radio Studio the George

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<v Speaker 1>Washington Broadcast Center. Jack Armstrong is Joe Getty arm Strong

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<v Speaker 1>and Jetty Enough he Armstrong and Getty.

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<v Speaker 2>The Democrats, remember the Democrats, they shut down the government

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<v Speaker 2>last month.

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<v Speaker 1>They stink caved on the shutdown.

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<v Speaker 2>One of the Democrats who crumbled like a granola bar

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<v Speaker 2>in your backpack is New Hampshire Senator and the joker's

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<v Speaker 2>proud aunt, Jeans Shahan.

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<v Speaker 3>Democrats drew a line in the sand. They said we

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<v Speaker 3>are not going over this. And today, after forty one days,

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<v Speaker 3>they pulled out a shovel and a bucket and they

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<v Speaker 3>ate all that sand and got.

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<v Speaker 1>Nothing for it. Isn't that great? That is really interesting.

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<v Speaker 2>I didn't watch a daily show I need to today, I

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<v Speaker 2>guess John Stewart just went on epic f bomb rant

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<v Speaker 2>and anger over the Democrats caving on the shutdown, which

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<v Speaker 2>it's interesting.

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<v Speaker 1>On one hand, law that they wrote and passed.

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<v Speaker 2>I don't know how they think the Democrats were gonna

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<v Speaker 2>hold out and get something. Yeah, I just don't understand

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<v Speaker 2>how they think they were going to win that.

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<v Speaker 4>By starving the poor people and not paying the truth.

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<v Speaker 1>Well, but that wasn't working, don't.

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<v Speaker 2>I don't think for whatever reason, good or bad, you know,

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<v Speaker 2>normal people. I don't think we're reacting that much to

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<v Speaker 2>the whole snap benefits thing. The media was talking about it.

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<v Speaker 2>But the flights, Yes, that got people's attention. That's when

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<v Speaker 2>the shutdown became a topic for conversation, when all of

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<v Speaker 2>a sudden the airports were going to be crazy. Maybe

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<v Speaker 2>until Thanksgiving that became so as that grew, you think

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<v Speaker 2>that the pressure was going to be on the Republicans

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<v Speaker 2>the cave on Obamacare. Maybe, I don't think.

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<v Speaker 4>I'd really like to talk to John Stewart about how

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<v Speaker 4>he became so ill informed or misguided on that. Gus,

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<v Speaker 4>he's a very bright guy. Meanwhile, I'll tell you who's

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<v Speaker 4>getting the blame on the left is so old Chuck Schumer.

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<v Speaker 4>Here's a montage.

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<v Speaker 2>How much of this do you put at the feet

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<v Speaker 2>of Charles Schumer?

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<v Speaker 1>Most of it?

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<v Speaker 3>I mean, he's the leader of the Senate, but it's

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<v Speaker 3>time for him to be replaced.

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<v Speaker 1>He is not meeting the moment.

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<v Speaker 2>He's out of touch with where the party's base is.

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<v Speaker 1>You know, respect his service, but time to move on.

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<v Speaker 2>I think Chuck Schumer his days are over. Yes, Chuck

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<v Speaker 2>Schumer should go.

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<v Speaker 1>I'm sorry to say Chuck Schumer should go. I voted

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<v Speaker 1>for many times.

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<v Speaker 5>The loudest criticism here that the party couldn't keep it

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<v Speaker 5>together because the leader, Senator Chuck Schumer, is weak.

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<v Speaker 2>If I was a Democrat, I would want Chuck Schumer

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<v Speaker 2>to go to just because he's old and you know,

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<v Speaker 2>just ain't got no vim or vigor. But what was

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<v Speaker 2>he supposed to do? Getting back to the same conversation

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<v Speaker 2>we just had. I also heard one pundit, and I

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<v Speaker 2>think this is probably too saying you don't tell senators

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<v Speaker 2>what to do. It's not like being the leader of

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<v Speaker 2>the House where you have some power to really force

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<v Speaker 2>House members to do this or that. And they're up

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<v Speaker 2>for election every two years. Every senator thinks they're going

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<v Speaker 2>to be president someday they got a six year term.

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<v Speaker 1>You don't tell them what to do.

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<v Speaker 2>You can be the messenger for them, you can get

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<v Speaker 2>them together and give speeches, but you don't control them.

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<v Speaker 4>Right, They're designed by the Constitution to be slow, careful,

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<v Speaker 4>and deliberate and not be bullied anyway. So I thought,

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<v Speaker 4>you know, to dovetail off of that a couple of

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<v Speaker 4>really interesting stories I've come across about Obamacare in general,

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<v Speaker 4>because this fake fight was about continuing COVID air subsidies

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<v Speaker 4>that the Democrats themselves had sunseted, which is something nobody's

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<v Speaker 4>talking about. But quoting now from the fabulous California Globe.

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<v Speaker 4>And last week they've reported on the hackers, crooks and

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<v Speaker 4>bots who'd use stolen identities to fleece California's colleges and universities,

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<v Speaker 4>ripping off taxpayers for billions of dollars.

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<v Speaker 1>And that report was really really interesting.

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<v Speaker 4>It is literally billions and billions of dollars going to

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<v Speaker 4>like hackers in the Russian mob and the rest of it,

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<v Speaker 4>who would use bots to.

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<v Speaker 1>Create nonexistent college students.

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<v Speaker 4>Anyway, they Right now we learn of another Obama era

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<v Speaker 4>bot scam, this one in Obamacare. And this is actually

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<v Speaker 4>quoting the Blaze. Joe Biden's pandemic era subsidies turned Obamacare

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<v Speaker 4>into corporate welfare, sending billions to insurers for patients who

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<v Speaker 4>never file a single claim. At issue are the generous

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<v Speaker 4>subsidies the Biden administration created for the Affordable Care Act

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<v Speaker 4>policies sweeteners that are slated to expire this December. That's

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<v Speaker 4>what this fight was about, making healthcare essentially free for

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<v Speaker 4>millions of Americans. These policies have sent enrollment in Obamacare

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<v Speaker 4>plans skyrocketing, but a recent study found that they have

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<v Speaker 4>also sparked a curious phenomenon an estimated twelve million enrollees

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<v Speaker 4>twelve million without a single claim. No doctor visit, no

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<v Speaker 4>lab test, no prescription, no sprained ankle, nothing in the

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<v Speaker 4>entire year of twenty twenty four Obamacare expansion, creating an

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<v Speaker 4>explosion of phantom patients, including at least six point four

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<v Speaker 4>million of them found so far in twenty twenty five.

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<v Speaker 4>Among those new now eligible for zero premium plans with

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<v Speaker 4>lower no deductible to study found quote that number increased

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<v Speaker 4>nearly sevenfold. A whopping forty percent of rollees in fully

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<v Speaker 4>subsidized plans fully subsidized had no claims in twenty twenty four.

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<v Speaker 4>In twenty twenty four, a loon taxpayer send at least

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<v Speaker 4>thirty five billion dollars to insurers.

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<v Speaker 1>They got the money for.

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<v Speaker 4>People who paid no premiums and never used their plan.

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<v Speaker 4>And you heard that before? How have we not heard

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<v Speaker 4>that before?

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<v Speaker 6>Yeah?

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<v Speaker 4>No kidding, And they point out Katie Grimes, the fabulous

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<v Speaker 4>writer at the California Globe editor points out the entire

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<v Speaker 4>goal of Obamacare was to create a system the crashes

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<v Speaker 4>and burns, forcing the US into government controlled socialized medicine

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<v Speaker 4>correct and they're getting close to succeeding. Obama himself admitted

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<v Speaker 4>that beyond the scenes, we've all heard those tapes.

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<v Speaker 1>I think.

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<v Speaker 4>Anyway, one more semi related story that I found super interesting,

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<v Speaker 4>and again, you know, I'm sorry, I've got to get

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<v Speaker 4>to the punchline prematurely. It's impossible for a citizen to

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<v Speaker 4>keep track of everything this massive Labrinthian government does. How

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<v Speaker 4>can you be a responsible citizen and hold your government

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<v Speaker 4>to account when.

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<v Speaker 1>You can't comprehend one one hundredth of what it does.

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<v Speaker 4>That's why your system was designed to have limited government.

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<v Speaker 4>And you know that that ship has sailed moons ago. Anyway,

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<v Speaker 4>this is from Alicia Finley in the Wall Street Journal,

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<v Speaker 4>who's absolutely brilliant. Speaking of terrific women in journalism.

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<v Speaker 1>Here's an example of what I'm talking about.

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<v Speaker 4>Rama Manual of Chicago, Mayor of Chicago, had a three

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<v Speaker 4>hundred and seventy million dollar deficit in twenty thirteen. One

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<v Speaker 4>of the main chunks of that deficit was one hundred

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<v Speaker 4>and ninety five million dollars subsidizing health insurance for its retirees,

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<v Speaker 4>many of whom were too young to qualify for Medicare

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<v Speaker 4>because if you work in government, you get to retire

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<v Speaker 4>unnaturally young. That one hundred and ninety five million dollars

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<v Speaker 4>was projected to increase to five hundred and forty million

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<v Speaker 4>by two years ago. At this point, as pension payments

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<v Speaker 4>were ballooning. So what did Immanuel do. He dumped all

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<v Speaker 4>the city's retirees onto the Obama Care exchanges, where federal

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<v Speaker 4>subsidies can reduce premium payments.

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<v Speaker 1>Voila. Chicago's two point.

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<v Speaker 4>One billion dollar unfunded retiree health care liability vanished. Now

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<v Speaker 4>US taxpayers pick up the tab for Chicago's retirees.

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<v Speaker 1>In their fifties and early sixties.

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<v Speaker 4>Detroit, Stockton, California, San Bernardino, California, Blue cities learned that

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<v Speaker 4>they could offer their public employee unions unbelievable retiree healthcare plans,

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<v Speaker 4>and then as their deficits exploded, they dumped them onto Obamacare.

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<v Speaker 4>When Democrats say, we need zillions of dollars of covid era, huh,

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<v Speaker 4>subsidies to continue to Obamacare. That's why. That's one of

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<v Speaker 4>the big reasons why.

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<v Speaker 2>But if you just are kind of an average voter

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<v Speaker 2>and you take in the shutdown in Obamacare through the

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<v Speaker 2>mainstream media.

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<v Speaker 6>Was.

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<v Speaker 2>Evil Republicans wanting to kick people off their healthcare just

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<v Speaker 2>out of meanness.

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<v Speaker 4>Right right, because we want people to be sick and

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<v Speaker 4>stock if possible.

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<v Speaker 1>I love it.

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<v Speaker 2>What I like is a kid is sick and hungry. Boy,

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<v Speaker 2>does that help me sleep at night? Now?

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<v Speaker 6>A kid who's just sick, that's good. Or kid is

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<v Speaker 6>just starving, that's pretty good. But by god, if we

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<v Speaker 6>conservatives can get both, then we just chuckle.

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<v Speaker 1>They just love it.

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<v Speaker 2>You show me an eight year old boy at a

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<v Speaker 2>sprained ankle and no food. That makes me happy.

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<v Speaker 4>Oh man, you're bringing a tear to my eye real quick.

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<v Speaker 4>I've got another couple of statistics for you. But afterward,

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<v Speaker 4>from our friends, it simply save home security.

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<v Speaker 1>Easy thing to say.

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<v Speaker 2>I mean, that's what Biden said the other day, it's

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<v Speaker 2>what Schumer's been saying, and Gavin Newsoman himself said that.

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<v Speaker 1>The hunger is the point.

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<v Speaker 2>I mean, you can say all you want about your

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<v Speaker 2>opponents and how they're They might not be as caring

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<v Speaker 2>as you think they ought to be, or they're misguided

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<v Speaker 2>to whatever. But to claim that anybody in particular really

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<v Speaker 2>gets a kick out of making somebody hungry, I mean

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<v Speaker 2>it's just nuts.

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<v Speaker 6>Yeah.

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<v Speaker 4>Yeah, at the risk of overusing this word today, and

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<v Speaker 4>I think, am it's perverse, It's I mean.

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<v Speaker 2>It's so what are you talking. You're trying to portray

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<v Speaker 2>me as someone who I enjoy people being hungry. Yes, yeah,

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<v Speaker 2>I mean we have t shirts that say starve the lazy,

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<v Speaker 2>which I fully.

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<v Speaker 1>Back as a theory.

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<v Speaker 2>But the idea is get off your ass and work,

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<v Speaker 2>not I want you to starve to death.

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<v Speaker 1>Yeah.

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<v Speaker 4>What about sick children, Well, if they're a sick child,

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<v Speaker 4>they're not within the group of the lazy obviously. EMO

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<v Speaker 4>Ron's all right. Quick word from our friends is simply

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<v Speaker 4>scumbag and dissuade them before they break your window.

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<v Speaker 2>Yeah. Other security systems have outdoor cameras too, but they

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<v Speaker 2>rely on you getting me alert and taking action yourself.

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<v Speaker 1>Yeah, this is the sort of.

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<v Speaker 1>Hurrah. So final note on this topic. Few you know.

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<v Speaker 4>Public employees in a lot of places can retire in

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<v Speaker 4>their fifties or early sixties. They get really nice pensions,

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<v Speaker 4>some of whom they've kicked into those pensions to share

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<v Speaker 4>the cost, but subsidized health insurance until they become eligible

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<v Speaker 4>for Medicare, but governments, few of them have actually set

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<v Speaker 4>aside realistic commounts, some money for their retire's future healthcare costs.

0:11:57.720 --> 0:12:01.120
<v Speaker 4>The Reason Foundation does great work, reports that state and

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<v Speaker 4>local governments face almost a trillion dollars in retiree medical

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<v Speaker 4>obligations in twenty twenty three. That's about three thousand dollars

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<v Speaker 4>per American citizen. They've got that giant liability liabilities are

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<v Speaker 4>the largest in Blue states. New York is fifteen thousand

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<v Speaker 4>dollars per capita in essentially unfunded liabilities. New Jersey it's

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<v Speaker 4>almost eleven thousand, Connecticut it's about seven thousand, which lets

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<v Speaker 4>workers retire early with generous health benefits. And then then,

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<v Speaker 4>and you will see this, when those systems collapse or

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<v Speaker 4>get near bankruptcy or whatever, they are bailed out by

0:12:37.280 --> 0:12:40.559
<v Speaker 4>the state government or the federal government or whatever, meaning taxpayers,

0:12:42.160 --> 0:12:44.720
<v Speaker 4>it's outrageous. Sorry to bring you down or piss you off,

0:12:44.720 --> 0:12:48.760
<v Speaker 4>but I don't know, I personally don't like being defrauded,

0:12:48.840 --> 0:12:51.240
<v Speaker 4>or at least I like to know I'm being defrauded.

0:12:52.520 --> 0:12:55.360
<v Speaker 2>So we're headed into a holiday season and a decent

0:12:55.440 --> 0:12:57.800
<v Speaker 2>chance you're going to be traveling around maybe rent a vehicle.

0:12:57.880 --> 0:13:01.199
<v Speaker 2>I learned something about renting vehicles last night. It's a

0:13:01.200 --> 0:13:03.120
<v Speaker 2>problem I've had in the past, but apparently, at least

0:13:03.120 --> 0:13:04.640
<v Speaker 2>according to the research I've done, there's.

0:13:04.440 --> 0:13:05.520
<v Speaker 1>Not a lot you can do about it.

0:13:06.080 --> 0:13:08.440
<v Speaker 2>I am not a fan of rental car companies, and

0:13:08.520 --> 0:13:11.559
<v Speaker 2>a lot of other stuff to talk about. Stay with us,

0:13:11.679 --> 0:13:12.839
<v Speaker 2>arm Straw, Hey Getty.

0:13:15.000 --> 0:13:18.120
<v Speaker 7>Many worry the AI revolution will put voice actors out

0:13:18.120 --> 0:13:21.120
<v Speaker 7>of work. While some stars are licensing their voices, others

0:13:21.160 --> 0:13:24.319
<v Speaker 7>are being built from scratch. Poet Talisia Nicki Jones has

0:13:24.320 --> 0:13:27.360
<v Speaker 7>created an AI R and B singer named Zanaia Monet,

0:13:27.600 --> 0:13:30.280
<v Speaker 7>a digital alter ego that lets her turn her poetry

0:13:30.400 --> 0:13:33.920
<v Speaker 7>into music. Now, Zanaya has a number one single on

0:13:33.960 --> 0:13:37.359
<v Speaker 7>a Billboard R and B chart and a multimillion dollar.

0:13:37.120 --> 0:13:40.080
<v Speaker 1>Offer for a recording deal, and on the country charts.

0:13:40.360 --> 0:13:43.719
<v Speaker 7>An AI generated country singer named Breaking Rust just hit

0:13:43.920 --> 0:13:45.480
<v Speaker 7>number one.

0:13:45.760 --> 0:13:47.240
<v Speaker 1>Yeah, we talked about that yesterday.

0:13:47.280 --> 0:13:49.880
<v Speaker 2>We can't play the song for copyright reasons, but Joe

0:13:49.880 --> 0:13:51.680
<v Speaker 2>and I both listened to it and then it sits.

0:13:52.040 --> 0:13:55.679
<v Speaker 2>You know, it's plenty good enough to be a hit

0:13:55.840 --> 0:13:59.560
<v Speaker 2>country song, which it is completely AI. I don't know

0:13:59.640 --> 0:14:02.640
<v Speaker 2>where the leaves us the whole voice. Actors might lose

0:14:02.679 --> 0:14:03.760
<v Speaker 2>their gigs.

0:14:04.080 --> 0:14:14.360
<v Speaker 1>Yeah, yeah, oh that's over. Please. Yeah. I can't believe

0:14:14.400 --> 0:14:17.080
<v Speaker 1>it's even still presented as a this might happen.

0:14:17.240 --> 0:14:21.360
<v Speaker 2>What'll we do? It's going to happen, not might, and nothing.

0:14:21.520 --> 0:14:23.000
<v Speaker 2>There's nothing you could do it.

0:14:23.240 --> 0:14:26.080
<v Speaker 4>Yeah, pursue another line of work. And I don't mean

0:14:26.120 --> 0:14:31.120
<v Speaker 4>to sound cruel or unsympathetic, but when reality backs into

0:14:31.120 --> 0:14:36.480
<v Speaker 4>your driveway, there it is. I mean, you can try

0:14:36.520 --> 0:14:38.000
<v Speaker 4>to ignore it, wish it away.

0:14:38.280 --> 0:14:38.960
<v Speaker 1>It really is.

0:14:39.040 --> 0:14:43.000
<v Speaker 2>Being a guy who sells horses for transportation in nineteen

0:14:43.080 --> 0:14:46.840
<v Speaker 2>ten or whatever and sing. Some people say fewer people

0:14:46.840 --> 0:14:48.560
<v Speaker 2>are going to want to buy horses for transportation.

0:14:48.920 --> 0:14:52.040
<v Speaker 1>Yes, yes, this is true. What going to be done

0:14:52.040 --> 0:14:52.440
<v Speaker 1>about it?

0:14:52.560 --> 0:14:57.560
<v Speaker 2>Nothing? Our mode of transportation has changed, the airing to

0:14:57.600 --> 0:15:00.000
<v Speaker 2>fix cars. I don't know if that's hard for people

0:15:00.080 --> 0:15:04.680
<v Speaker 2>to grasp or what. Yeah, making of driving, we're into

0:15:04.680 --> 0:15:07.320
<v Speaker 2>the holiday season. I often a rent a vehicle this

0:15:07.440 --> 0:15:10.360
<v Speaker 2>time of year, usually because I do a one way

0:15:10.360 --> 0:15:13.320
<v Speaker 2>trip back to Kansas and then I drive there. We

0:15:13.400 --> 0:15:15.120
<v Speaker 2>like road trips, me and the boys, and then I

0:15:15.200 --> 0:15:20.200
<v Speaker 2>fly back. I've had quite the struggle in recent years

0:15:20.240 --> 0:15:24.720
<v Speaker 2>of I rent a vehicle ahead of time, make sure

0:15:24.720 --> 0:15:26.440
<v Speaker 2>I've rent good and ahead of time. And then I

0:15:26.480 --> 0:15:28.240
<v Speaker 2>get there to pick it up and they ain't got it.

0:15:29.280 --> 0:15:31.960
<v Speaker 2>And then I'm in the holiday crunch with all kinds

0:15:32.000 --> 0:15:35.800
<v Speaker 2>of plans and no vehicles available because it's like two

0:15:35.880 --> 0:15:38.320
<v Speaker 2>days before Thanksgiving or week before Christmas or whatever.

0:15:38.320 --> 0:15:38.800
<v Speaker 1>The situation.

0:15:39.440 --> 0:15:42.560
<v Speaker 2>Not the wrong vehicle, no vehicle, Well, they don't have

0:15:42.600 --> 0:15:43.600
<v Speaker 2>the vehicle I want.

0:15:43.760 --> 0:15:44.920
<v Speaker 1>They have all kinds of vehicles.

0:15:44.960 --> 0:15:48.000
<v Speaker 2>I'm not going to drive me intwo like practically adults

0:15:48.360 --> 0:15:51.920
<v Speaker 2>halfway across the country and right, and you.

0:15:51.880 --> 0:15:52.600
<v Speaker 1>Just can't do it.

0:15:52.680 --> 0:15:54.880
<v Speaker 2>So I was asked, I did some research yesterday because

0:15:54.880 --> 0:15:56.480
<v Speaker 2>I was trying to avoid that this year. I got

0:15:56.520 --> 0:15:59.520
<v Speaker 2>so mad last year when I was there. You remember

0:15:59.560 --> 0:16:01.720
<v Speaker 2>I told this story on the air. I started very calm,

0:16:01.720 --> 0:16:03.600
<v Speaker 2>but I couldn't get any reaction out of the person

0:16:03.600 --> 0:16:06.200
<v Speaker 2>who worked there. And it kind of hurts that they

0:16:06.320 --> 0:16:09.160
<v Speaker 2>reacted this way. It really hurts my feelings that they

0:16:09.200 --> 0:16:11.120
<v Speaker 2>were was the way that we were thinking. But I

0:16:11.200 --> 0:16:13.440
<v Speaker 2>kept saying, do you understand my problem?

0:16:13.480 --> 0:16:13.600
<v Speaker 7>Though?

0:16:13.680 --> 0:16:15.320
<v Speaker 1>Right? I have a reservation.

0:16:15.400 --> 0:16:17.720
<v Speaker 2>I mean it's the classic Jerry Seinfeld bit. You know

0:16:17.760 --> 0:16:22.960
<v Speaker 2>how to you know, reserve the car and they just

0:16:23.040 --> 0:16:26.040
<v Speaker 2>like looked at me blank face, like they couldn't understand

0:16:26.040 --> 0:16:27.640
<v Speaker 2>why I was unhappy with the fact that I'd had

0:16:27.680 --> 0:16:31.040
<v Speaker 2>a reservation for a month and then I get there

0:16:31.080 --> 0:16:32.160
<v Speaker 2>and you don't have the vehicle.

0:16:34.000 --> 0:16:36.040
<v Speaker 1>You don't see that as a problem anyway.

0:16:36.120 --> 0:16:38.040
<v Speaker 2>So I spend a lot of time researching this on

0:16:38.160 --> 0:16:40.400
<v Speaker 2>groc and chat, bet, chat, GPT, and they want all

0:16:40.400 --> 0:16:42.520
<v Speaker 2>the different websites, and they basically said, this is a

0:16:42.520 --> 0:16:44.520
<v Speaker 2>problem that happens to people all across the country. There's

0:16:44.560 --> 0:16:46.480
<v Speaker 2>not much you can do about it. Here are the things.

0:16:46.480 --> 0:16:49.440
<v Speaker 2>You should rent vehicles from two different companies. Hopefully if

0:16:49.440 --> 0:16:52.400
<v Speaker 2>you have a backup then one of them will come through,

0:16:53.160 --> 0:16:55.200
<v Speaker 2>or you know, a variety of other things.

0:16:55.200 --> 0:16:57.880
<v Speaker 1>But there was no there's no getting around it.

0:16:57.880 --> 0:17:00.320
<v Speaker 2>It's just the thing that happens the way our way

0:17:00.360 --> 0:17:03.960
<v Speaker 2>the businesses are currently set up. They just like airlines,

0:17:04.000 --> 0:17:07.919
<v Speaker 2>they overbook flights. They over sell cars with the idea

0:17:08.119 --> 0:17:10.120
<v Speaker 2>of a we want to have as many of them

0:17:10.400 --> 0:17:13.320
<v Speaker 2>get paid for during the holiday season as possible, So

0:17:13.359 --> 0:17:15.159
<v Speaker 2>we overbook knowing that a lot of people are going

0:17:15.200 --> 0:17:17.720
<v Speaker 2>to cancel and change plans. And then if it turns

0:17:17.720 --> 0:17:20.680
<v Speaker 2>out that a whole bunch of people don't change their plans. Well,

0:17:20.720 --> 0:17:23.399
<v Speaker 2>we've got more people wanting these vehicles than the vehicles

0:17:23.400 --> 0:17:23.760
<v Speaker 2>that exist.

0:17:23.880 --> 0:17:25.880
<v Speaker 1>So sorry, screw you. You're out of luck.

0:17:26.119 --> 0:17:28.879
<v Speaker 4>You're not going home for Christmas or whatever the problem is.

0:17:29.160 --> 0:17:31.080
<v Speaker 4>And I'm sure they all glance around at each other.

0:17:31.160 --> 0:17:33.960
<v Speaker 4>It's not collusion, but they're aware. Okay, they're abusing people

0:17:33.960 --> 0:17:35.600
<v Speaker 4>in the same way over there and over there and

0:17:35.640 --> 0:17:38.000
<v Speaker 4>over there. Okay, so we can keep abusing people. Where

0:17:38.000 --> 0:17:40.080
<v Speaker 4>are you going to go to the other place there

0:17:40.119 --> 0:17:41.800
<v Speaker 4>at the airport that's going to abuse you in the

0:17:41.800 --> 0:17:42.480
<v Speaker 4>same way.

0:17:42.359 --> 0:17:45.120
<v Speaker 2>Right, And that's something that that's the current system where

0:17:45.400 --> 0:17:48.000
<v Speaker 2>it doesn't matter how early you make your reservation, you

0:17:48.080 --> 0:17:49.600
<v Speaker 2>still might show up there when you need it. If

0:17:49.640 --> 0:17:51.240
<v Speaker 2>it's a busy weekend and they just ain't going to

0:17:51.320 --> 0:17:51.960
<v Speaker 2>have a car for.

0:17:51.880 --> 0:17:56.680
<v Speaker 4>You, oh well you put the rental agent in a headlock.

0:17:57.160 --> 0:17:58.440
<v Speaker 4>Not sure it would help, but it would make you

0:17:58.480 --> 0:18:00.960
<v Speaker 4>feel better. I was close, I was really close. My

0:18:01.240 --> 0:18:04.640
<v Speaker 4>son didn't test to that. They were thinking, I don't care,

0:18:05.960 --> 0:18:07.600
<v Speaker 4>pretending I'm an hourly employee.

0:18:07.680 --> 0:18:09.960
<v Speaker 1>I don't care. It's not much effort to pretend to care.

0:18:10.160 --> 0:18:11.359
<v Speaker 2>Okay, we got more on the way if you know

0:18:11.400 --> 0:18:14.919
<v Speaker 2>anything about that text line four one five five KFTC.

0:18:16.840 --> 0:18:21.920
<v Speaker 1>Armstrong and Getty Christ, then when did you get this information?

0:18:22.320 --> 0:18:24.960
<v Speaker 5>We actually just received all of these emails are total

0:18:25.000 --> 0:18:28.800
<v Speaker 5>of about twenty three thousand documents actually a few days ago,

0:18:28.840 --> 0:18:30.880
<v Speaker 5>so last week, and we've been going through our team,

0:18:30.920 --> 0:18:33.280
<v Speaker 5>of course, through all of these very carefully over the

0:18:33.359 --> 0:18:34.119
<v Speaker 5>last few days.

0:18:34.760 --> 0:18:36.280
<v Speaker 1>We obviously released some today.

0:18:36.320 --> 0:18:40.240
<v Speaker 5>We'll be releasing additional documents I'm likely later today.

0:18:40.960 --> 0:18:47.320
<v Speaker 2>Okay, we're talking about Epstein here. Oh so forty eight

0:18:47.359 --> 0:18:51.080
<v Speaker 2>hours ago when the whole impasse over the shutdown thing broke,

0:18:52.000 --> 0:18:55.399
<v Speaker 2>I flip on MSNBC at night. They're eleven o'clock show,

0:18:55.440 --> 0:18:57.840
<v Speaker 2>because on the West Coast as to a eight o'clock

0:19:00.880 --> 0:19:03.280
<v Speaker 2>and the first thing they talk about is Epstein. I thought,

0:19:03.400 --> 0:19:07.679
<v Speaker 2>what I mean, that was so off my radar. I

0:19:07.680 --> 0:19:09.400
<v Speaker 2>don't know if I thought I'd ever hear the word

0:19:09.400 --> 0:19:12.320
<v Speaker 2>again in my life. I just thought that was completely

0:19:12.720 --> 0:19:17.520
<v Speaker 2>last year whatever. And they were actually talking about them,

0:19:17.560 --> 0:19:20.520
<v Speaker 2>and the three panelists on there all reporters Epstein, this Epstein,

0:19:20.560 --> 0:19:23.000
<v Speaker 2>that this is why the Republicans shut down the government

0:19:23.040 --> 0:19:24.760
<v Speaker 2>for so long, and now the Epstein vote's gone.

0:19:24.840 --> 0:19:26.000
<v Speaker 1>What Epstein.

0:19:26.119 --> 0:19:28.879
<v Speaker 2>I turned on Morning Joe this morning on MSNBC. I mean,

0:19:28.880 --> 0:19:31.240
<v Speaker 2>because that's a good place to go to for what

0:19:31.320 --> 0:19:34.760
<v Speaker 2>Democrats are thinking, that show talking about Epstein. And now

0:19:34.800 --> 0:19:38.119
<v Speaker 2>you got this Democratic Representative Robert Garcia, who was on

0:19:38.920 --> 0:19:46.320
<v Speaker 2>probably on MSNBC saying they've received twenty three thousand documents

0:19:47.040 --> 0:19:50.280
<v Speaker 2>in the last couple of days and they're going through

0:19:50.320 --> 0:19:51.360
<v Speaker 2>there very carefully.

0:19:52.240 --> 0:19:54.679
<v Speaker 1>He says there is a massive cover up going on.

0:20:00.080 --> 0:20:03.879
<v Speaker 2>So as Byron York writes in the Washington Examiner, Okay,

0:20:03.920 --> 0:20:06.480
<v Speaker 2>you've given us a couple of nuggets, which weren't much

0:20:07.000 --> 0:20:11.040
<v Speaker 2>from these documents. Like Trump was angry that Epstein was

0:20:11.080 --> 0:20:16.480
<v Speaker 2>poaching his people, poaching girls from his spa. That wasn't

0:20:16.520 --> 0:20:20.560
<v Speaker 2>new news. And even if even if it were, what's

0:20:20.600 --> 0:20:21.560
<v Speaker 2>the significance of that?

0:20:22.040 --> 0:20:24.800
<v Speaker 1>There is an email quote from Epstein, go ahead, you've

0:20:24.800 --> 0:20:25.160
<v Speaker 1>got the lift.

0:20:25.200 --> 0:20:29.520
<v Speaker 2>There's well, there's a claim that Epstein knew that there

0:20:29.520 --> 0:20:33.280
<v Speaker 2>were girls there and whatever Trump but butru that Trump knew,

0:20:33.280 --> 0:20:35.760
<v Speaker 2>But it's vague and it doesn't even if it's true,

0:20:35.800 --> 0:20:38.439
<v Speaker 2>what what does that was Trumps supposed to go to

0:20:38.440 --> 0:20:40.720
<v Speaker 2>the cops or I don't know what even the point

0:20:40.760 --> 0:20:47.320
<v Speaker 2>is of that, and as Byron new York writes Washington Examiner, Okay,

0:20:47.440 --> 0:20:50.919
<v Speaker 2>that's three things you've mentioned. What are the other twenty

0:20:50.960 --> 0:20:56.680
<v Speaker 2>three thousand documents? That's a lot of documents, right, That's

0:20:56.680 --> 0:20:57.399
<v Speaker 2>a heck of a thing to.

0:20:57.400 --> 0:20:57.880
<v Speaker 1>Go on TV.

0:20:57.960 --> 0:21:04.640
<v Speaker 2>Say we have twenty three thousand new documents about what?

0:21:04.880 --> 0:21:08.880
<v Speaker 1>From who? What is it? A? Two are completely irrelevant?

0:21:09.000 --> 0:21:11.239
<v Speaker 4>Where to look at them? Twenty three thousands? Look at

0:21:11.240 --> 0:21:14.360
<v Speaker 4>the stack of documents? Where did they come from? If

0:21:14.359 --> 0:21:17.720
<v Speaker 4>you had any dirt on Trump about Epstein, you would

0:21:17.760 --> 0:21:20.359
<v Speaker 4>have used it when Joe Biden and Kamala Harris were

0:21:20.400 --> 0:21:23.520
<v Speaker 4>running against him, wouldn't you. Well, where'd they get these

0:21:23.640 --> 0:21:25.960
<v Speaker 4>twenty three thousand new documents?

0:21:26.240 --> 0:21:28.199
<v Speaker 1>Doesn't say? What's that all about? Don't know?

0:21:28.520 --> 0:21:32.159
<v Speaker 2>But so if you thought Epstein was over, it ain't.

0:21:33.000 --> 0:21:33.720
<v Speaker 1>Well. I tell you what.

0:21:33.800 --> 0:21:35.760
<v Speaker 4>If they get to the bottom of this Epstein thing,

0:21:35.880 --> 0:21:38.680
<v Speaker 4>holmes will become affordable, You will be fully employed in

0:21:38.720 --> 0:21:41.240
<v Speaker 4>a career that you find rewarding, Your kids will get

0:21:41.320 --> 0:21:45.520
<v Speaker 4>quality education in schools, and we won't ever go to

0:21:45.560 --> 0:21:47.800
<v Speaker 4>war with China. So I certainly hope we can get

0:21:47.840 --> 0:21:51.200
<v Speaker 4>to the bottom of this stupid, stupid Epstein thing.

0:21:51.280 --> 0:21:56.280
<v Speaker 2>We'll be releasing additional documents later Today, he says, if

0:21:57.000 --> 0:21:58.960
<v Speaker 2>my experience with this sort of thing in life is

0:21:59.000 --> 0:21:59.760
<v Speaker 2>you lead with your.

0:21:59.720 --> 0:22:06.600
<v Speaker 1>Best stuff, right. Yeah. Well, and if say, fifteen eighteen.

0:22:06.200 --> 0:22:10.679
<v Speaker 4>Years ago, rich Donald Trump in West Palm Beach or

0:22:10.680 --> 0:22:16.119
<v Speaker 4>whatever it is, became aware that his rich neighbor was

0:22:16.160 --> 0:22:19.199
<v Speaker 4>a bit of a perv and maybe even had a

0:22:19.200 --> 0:22:21.640
<v Speaker 4>taste for like underage girls, that's what I hear.

0:22:22.720 --> 0:22:27.679
<v Speaker 1>What was twenty twelve Donald Trump's supposed to do about it?

0:22:27.680 --> 0:22:28.320
<v Speaker 1>That's what I said.

0:22:28.400 --> 0:22:30.840
<v Speaker 4>I mean, if there was like child rape going on

0:22:30.960 --> 0:22:33.359
<v Speaker 4>and he had specific information about it, of course you

0:22:33.400 --> 0:22:33.960
<v Speaker 4>got to call.

0:22:33.840 --> 0:22:34.840
<v Speaker 1>The co of course.

0:22:35.440 --> 0:22:38.240
<v Speaker 4>But if he just hears at the country club, oh yeah,

0:22:38.240 --> 0:22:40.280
<v Speaker 4>you know Epstein like I'm young, if you know what

0:22:40.320 --> 0:22:40.640
<v Speaker 4>I mean?

0:22:41.160 --> 0:22:42.720
<v Speaker 2>Yeah, what are you supposed to do in that situation?

0:22:43.000 --> 0:22:50.119
<v Speaker 2>And well, there's always kind of the suggestion that Donald

0:22:50.160 --> 0:22:54.240
<v Speaker 2>Trump was having sex with underage girls through his connection

0:22:54.320 --> 0:22:58.320
<v Speaker 2>with Epstein. There's never been anything without one hundred miles

0:22:58.359 --> 0:23:02.639
<v Speaker 2>of that, yeah, proven even kind of So I don't know,

0:23:02.680 --> 0:23:04.600
<v Speaker 2>I can't believe this is still hanging around as a story,

0:23:04.640 --> 0:23:06.840
<v Speaker 2>different Donald Trump story that I am kind of interested.

0:23:06.920 --> 0:23:09.640
<v Speaker 4>Well, if I had just screwed the country at least

0:23:09.680 --> 0:23:14.480
<v Speaker 4>to some extent on this phony shutdown to protect Chuck

0:23:14.520 --> 0:23:18.120
<v Speaker 4>Schumer's left flank. I'd want to change the headlines too.

0:23:18.160 --> 0:23:22.280
<v Speaker 4>I'd be pretty desperate. That's pretty good theory that that's

0:23:22.320 --> 0:23:26.040
<v Speaker 4>what it is. Why now all of a sudden out

0:23:26.040 --> 0:23:31.280
<v Speaker 4>of nowhere, please, I never heard that said one time

0:23:31.359 --> 0:23:33.679
<v Speaker 4>during the shutdown? Did you that the Republicans are just

0:23:33.720 --> 0:23:36.200
<v Speaker 4>doing this to keep the Ebstein files from coming out?

0:23:36.480 --> 0:23:41.080
<v Speaker 2>I never heard that until the Democrats caved. I'd never

0:23:41.160 --> 0:23:44.680
<v Speaker 2>heard anybody say that. Yeah, yeah, And I'll watch a

0:23:44.720 --> 0:23:46.439
<v Speaker 2>lot of MSNBC to see what they're up to. They

0:23:46.440 --> 0:23:47.520
<v Speaker 2>weren't making that argument.

0:23:48.280 --> 0:23:50.520
<v Speaker 1>We're desperate, we're desperate. What do we do? I don't know,

0:23:50.600 --> 0:23:52.160
<v Speaker 1>can retire Depstein somehow?

0:23:52.280 --> 0:23:53.359
<v Speaker 2>How the hell would we do that?

0:23:53.720 --> 0:23:57.359
<v Speaker 1>Wait? I have an idea differ Trump thing. He did

0:23:57.359 --> 0:24:02.320
<v Speaker 1>an interview with blonde Chick Fox. There are quite a

0:24:02.320 --> 0:24:02.880
<v Speaker 1>few of them.

0:24:03.440 --> 0:24:05.680
<v Speaker 2>Well, that was a vague statement, wasn't a blonde chick

0:24:05.720 --> 0:24:08.440
<v Speaker 2>on Fox? Lor Ingram And we had a bunch of

0:24:08.440 --> 0:24:10.960
<v Speaker 2>clips we didn't play yesterday. But one of the things

0:24:11.040 --> 0:24:15.119
<v Speaker 2>he floated out there was a fifty year mortgage loan

0:24:16.080 --> 0:24:18.840
<v Speaker 2>to try to help get more people into homes. This

0:24:19.000 --> 0:24:21.719
<v Speaker 2>stat has been flying around for a week now because

0:24:21.760 --> 0:24:24.520
<v Speaker 2>it hit forty. People like round numbers, and when it

0:24:24.640 --> 0:24:26.960
<v Speaker 2>hit forty for the median age for someone to be

0:24:27.040 --> 0:24:28.879
<v Speaker 2>a first time home buyer, it got a lot of

0:24:28.920 --> 0:24:31.520
<v Speaker 2>people's attention, given the fact that it was twenty nine.

0:24:31.600 --> 0:24:37.720
<v Speaker 2>If you go back to nineteen eighty, so in your

0:24:37.720 --> 0:24:42.080
<v Speaker 2>twenties barely and now forty is sounds like a bigger

0:24:42.119 --> 0:24:45.080
<v Speaker 2>difference in eleven years, but it's still it is quite

0:24:45.080 --> 0:24:48.359
<v Speaker 2>a change in the structure of home buying. And Trump

0:24:48.400 --> 0:24:50.919
<v Speaker 2>floated the idea of a fifty year mortgage. So my

0:24:51.040 --> 0:24:54.200
<v Speaker 2>first reaction to hearing that was that's a horrible idea,

0:24:54.440 --> 0:24:57.000
<v Speaker 2>and God, I hope it doesn't happen, kind of like

0:24:57.119 --> 0:25:01.720
<v Speaker 2>around the lines of I know people buying cars with seven, eight,

0:25:02.320 --> 0:25:08.359
<v Speaker 2>nine year loans, the biggest difference between the two things

0:25:08.400 --> 0:25:11.600
<v Speaker 2>being that in general, homes go up in value over

0:25:11.600 --> 0:25:13.919
<v Speaker 2>that amount of time and cars nine years from now

0:25:13.960 --> 0:25:14.800
<v Speaker 2>you're curring word.

0:25:14.720 --> 0:25:16.280
<v Speaker 1>Nothing and you just paid it off.

0:25:16.600 --> 0:25:21.080
<v Speaker 2>But I don't know anything about the history of where

0:25:21.080 --> 0:25:23.280
<v Speaker 2>did we come up with the twenty and thirty year mortgage?

0:25:23.320 --> 0:25:27.080
<v Speaker 2>What was that built around? Why is there any reason

0:25:27.280 --> 0:25:29.440
<v Speaker 2>why thirty's okay, but fifty isn't.

0:25:30.840 --> 0:25:36.480
<v Speaker 4>Yeah, Well, the twenty eight housing melt down spurred the

0:25:36.600 --> 0:25:40.560
<v Speaker 4>government to limit mortgage terms to thirty years, because you

0:25:40.680 --> 0:25:45.000
<v Speaker 4>just you get equity so slowly, you pay so much

0:25:45.080 --> 0:25:48.240
<v Speaker 4>in interest more than a thirty year loan, and it

0:25:48.320 --> 0:25:50.680
<v Speaker 4>lowers your payment by a couple of hundred bucks typically,

0:25:51.560 --> 0:25:55.800
<v Speaker 4>but it's not a ton. And so many folks walked

0:25:55.800 --> 0:25:59.600
<v Speaker 4>away from their mortgages when home prices collapsed, and they've

0:25:59.600 --> 0:26:01.560
<v Speaker 4>just found through the years the reason they reined it

0:26:01.560 --> 0:26:06.800
<v Speaker 4>in is longer the loan, the more likely people are default.

0:26:07.200 --> 0:26:09.479
<v Speaker 4>It's just a much risky loan, which means it's a

0:26:09.560 --> 0:26:12.360
<v Speaker 4>higher rate, so you're paying even a higher percentage of

0:26:12.720 --> 0:26:15.520
<v Speaker 4>your house payment to interest than you would be. When

0:26:15.560 --> 0:26:18.240
<v Speaker 4>the solution is that's not the solution. That is a

0:26:19.000 --> 0:26:22.879
<v Speaker 4>makes the problem worse, band A. The solution is a deregulation,

0:26:23.359 --> 0:26:28.120
<v Speaker 4>wholesale deregulation of this silly stuff that keeps housing from

0:26:28.160 --> 0:26:31.360
<v Speaker 4>being built. Who was it estimated We've got a deficit

0:26:31.440 --> 0:26:34.280
<v Speaker 4>of like five million housing units in the country at

0:26:34.280 --> 0:26:38.160
<v Speaker 4>this point, and part of it was the artificially low

0:26:39.000 --> 0:26:40.680
<v Speaker 4>mortgage rates. People are stuck in their homes.

0:26:40.720 --> 0:26:42.720
<v Speaker 1>Blah blah blah. We've talked about it many times, but no,

0:26:42.880 --> 0:26:44.880
<v Speaker 1>this is a bad idea. Don't do it. Well.

0:26:44.920 --> 0:26:47.920
<v Speaker 2>The idea, well, the smart idea would be, you can

0:26:47.960 --> 0:26:51.679
<v Speaker 2>get into a home when you're quite young because the

0:26:51.720 --> 0:26:54.600
<v Speaker 2>payment's lower with a fifty year mortgage, and then when

0:26:54.600 --> 0:26:57.040
<v Speaker 2>you get into your years where you're really earning money, well,

0:26:57.040 --> 0:26:59.960
<v Speaker 2>then you refy it shorter, pay it down or whatever.

0:27:00.160 --> 0:27:03.520
<v Speaker 2>You don't actually pay the full fifty years van of

0:27:03.880 --> 0:27:06.360
<v Speaker 2>interest over the damn fom.

0:27:06.600 --> 0:27:06.879
<v Speaker 1>Yeah.

0:27:07.240 --> 0:27:10.600
<v Speaker 2>Yeah, but if it's much more likely people are going

0:27:10.640 --> 0:27:12.040
<v Speaker 2>to default who take those long loans.

0:27:12.200 --> 0:27:15.480
<v Speaker 1>Though, any good listen to this, would you? As long

0:27:15.520 --> 0:27:16.280
<v Speaker 1>as we're talking about it.

0:27:16.280 --> 0:27:20.240
<v Speaker 4>Nearly seventy percent of New FAHA borrowers last year had

0:27:20.280 --> 0:27:23.919
<v Speaker 4>debt to income ratios exceeding forty three percent, which is

0:27:23.960 --> 0:27:30.480
<v Speaker 4>considered risky. That's nearly seventy percent. You twenty with that number. Well,

0:27:30.520 --> 0:27:34.400
<v Speaker 4>that's up from twenty eight percent thirteen years ago. It's

0:27:34.440 --> 0:27:37.719
<v Speaker 4>now seventy percent. About forty percent a new Fanny May

0:27:37.760 --> 0:27:41.560
<v Speaker 4>and Freddie macburrows last year had risky debt to income ratios.

0:27:41.600 --> 0:27:46.520
<v Speaker 4>That's forty percent compared to sixteen percent back in twenty twelve.

0:27:47.520 --> 0:27:50.000
<v Speaker 4>Recent buyers are more leveraged than they were in bubble days.

0:27:50.040 --> 0:27:53.400
<v Speaker 4>Stretched by inflation, rising property taxes, and insurance costs, many

0:27:53.400 --> 0:27:56.119
<v Speaker 4>have been struggling to meet mortgage payments. No Worries, writes

0:27:56.160 --> 0:28:00.560
<v Speaker 4>the Journal. The Biden administration paid mortgage servicers to prevent closures.

0:28:00.760 --> 0:28:03.560
<v Speaker 4>This included letting delinquent borrowers extend their loan terms to

0:28:03.640 --> 0:28:06.439
<v Speaker 4>forty years and reduced monthly payments by twenty five percent.

0:28:06.960 --> 0:28:11.160
<v Speaker 4>Repeatedly miss your mortgage payments, Congratulations, you qualify for mortgage relief.

0:28:11.520 --> 0:28:14.000
<v Speaker 4>Talk about a moral hazard. The FAHA has paid mortgage

0:28:14.000 --> 0:28:17.280
<v Speaker 4>servicers to provide forbearance or modify some six hundred and

0:28:17.280 --> 0:28:21.200
<v Speaker 4>ten thousand FAHA mortgages in the last year.

0:28:21.440 --> 0:28:21.600
<v Speaker 1>Well.

0:28:21.640 --> 0:28:23.840
<v Speaker 2>I like the fact that's more than the number of

0:28:24.000 --> 0:28:28.560
<v Speaker 2>new purchases loans that FAHA ensured last year.

0:28:29.080 --> 0:28:29.520
<v Speaker 1>Yikes.

0:28:29.880 --> 0:28:32.560
<v Speaker 2>I like the fact that if you miss your mortgage

0:28:32.560 --> 0:28:38.600
<v Speaker 2>payment enough times, you qualify for somebody else's money to

0:28:38.680 --> 0:28:41.960
<v Speaker 2>pay for your mortgage, with no question as to why

0:28:41.960 --> 0:28:44.720
<v Speaker 2>are you not making your mortgage, what do you spend?

0:28:44.800 --> 0:28:46.760
<v Speaker 2>You spend your money on anything else? Or maybe you

0:28:46.760 --> 0:28:48.200
<v Speaker 2>shouldn't be in that, Maybe you can't afford to be

0:28:48.240 --> 0:28:49.360
<v Speaker 2>in the house you're in or something like that.

0:28:49.440 --> 0:28:51.000
<v Speaker 1>But no, you automatically.

0:28:51.320 --> 0:28:54.360
<v Speaker 2>It's just the facto true that if you missed a

0:28:54.400 --> 0:28:56.720
<v Speaker 2>couple of payments, you can't afford it and you need help.

0:28:57.320 --> 0:29:01.800
<v Speaker 4>And keep in mind, now the FAHA your tax finances

0:29:01.840 --> 0:29:05.280
<v Speaker 4>all of this. So writing down mortgages for distress borrowers

0:29:05.360 --> 0:29:08.600
<v Speaker 4>is a booming business for mortgage bankers. They're getting the

0:29:08.600 --> 0:29:11.120
<v Speaker 4>tax dollars, but keeping people in homes they can't afford

0:29:11.160 --> 0:29:13.600
<v Speaker 4>means there are fewer available to buy, which makes housing

0:29:13.680 --> 0:29:16.720
<v Speaker 4>less affordable for everyone else. That's what a fifty year

0:29:16.760 --> 0:29:17.479
<v Speaker 4>mortgage will do.

0:29:19.080 --> 0:29:21.600
<v Speaker 2>I was listening to a discussion this morning by people

0:29:21.600 --> 0:29:23.560
<v Speaker 2>who did not know what they were talking about. I

0:29:23.640 --> 0:29:28.400
<v Speaker 2>won't mention much channel, but they were talking about. They

0:29:28.440 --> 0:29:30.760
<v Speaker 2>were presenting it's such a good idea, the fifty year loan,

0:29:31.040 --> 0:29:32.600
<v Speaker 2>so you can get people out of renting, so.

0:29:32.600 --> 0:29:35.240
<v Speaker 1>You don't rent all those years and everything like that when.

0:29:36.920 --> 0:29:39.240
<v Speaker 2>I'm a renter currently, and what started me even thinking

0:29:39.240 --> 0:29:41.160
<v Speaker 2>about it was the Wall Street Journal having an article

0:29:41.200 --> 0:29:43.960
<v Speaker 2>that for the first time ever, there might be a

0:29:44.000 --> 0:29:46.120
<v Speaker 2>better idea to rent than to own, and it laid

0:29:46.120 --> 0:29:48.040
<v Speaker 2>out various situations you might be in where that that's

0:29:48.080 --> 0:29:51.760
<v Speaker 2>the case. It's just not automatically true, at least currently,

0:29:52.240 --> 0:29:55.080
<v Speaker 2>that buying a house is better than renting correct.

0:29:55.160 --> 0:29:58.920
<v Speaker 4>Yeah, yeah, and it's far more expensive than people imagine

0:29:58.960 --> 0:30:02.160
<v Speaker 4>it's going to be. I think virtually everybody listening who's

0:30:02.160 --> 0:30:05.480
<v Speaker 4>ever owned a home is saying, yeah, no kidding. You know,

0:30:05.600 --> 0:30:08.200
<v Speaker 4>by the time you know, taxes and insurance and upkeeping

0:30:08.280 --> 0:30:12.440
<v Speaker 4>repairs and you know, just maintenance. I guess upkeeping maintenance

0:30:12.440 --> 0:30:15.120
<v Speaker 4>are the same thing. Anyway, there are way more costs

0:30:15.160 --> 0:30:17.240
<v Speaker 4>than you imagined before you become a homeowner.

0:30:18.800 --> 0:30:30.280
<v Speaker 2>Yeah, where if that'll change? Fifty year loan? Wow, I

0:30:30.320 --> 0:30:32.120
<v Speaker 2>wouldn't you be surprised if that doesn't happen. I mean,

0:30:32.120 --> 0:30:34.200
<v Speaker 2>if we got to nine year car loans out there,

0:30:34.480 --> 0:30:36.640
<v Speaker 2>fifty year my home loan doesn't seem that nuts.

0:30:37.880 --> 0:30:41.040
<v Speaker 4>If it is a bad idea that sounds good when

0:30:41.080 --> 0:30:42.840
<v Speaker 4>you first hear it, yes, it will pass.

0:30:42.920 --> 0:30:46.560
<v Speaker 2>It will become the law, right right right, Anything that

0:30:46.640 --> 0:30:48.479
<v Speaker 2>sounds good at first, blush will happen.

0:30:48.800 --> 0:30:50.720
<v Speaker 1>That's okay, give exactly.

0:30:51.680 --> 0:30:54.600
<v Speaker 2>We'll keep your eye on this stupid, stupid, freaking Epstein

0:30:54.680 --> 0:30:57.720
<v Speaker 2>story and maybe not talk about it at all. Unless

0:30:57.760 --> 0:31:04.560
<v Speaker 2>something happens more on the way stare. I want to

0:31:04.600 --> 0:31:07.040
<v Speaker 2>talk about the decay of American culture, which has been

0:31:07.080 --> 0:31:08.800
<v Speaker 2>going on for half a century. Might put that in

0:31:08.880 --> 0:31:13.480
<v Speaker 2>a one More Thing podcast, also our four. I am

0:31:13.680 --> 0:31:17.360
<v Speaker 2>pro social credit score as long as the government's not involved.

0:31:17.920 --> 0:31:21.120
<v Speaker 1>Interesting, I got a new example of it. We can

0:31:21.120 --> 0:31:23.320
<v Speaker 1>talk about next hour. Interesting.

0:31:23.360 --> 0:31:26.240
<v Speaker 4>I'm surprised to hear that also coming up next hour.

0:31:26.280 --> 0:31:31.720
<v Speaker 4>The whole online influencer pandering thing. It's worse than I thought.

0:31:32.360 --> 0:31:35.160
<v Speaker 4>Understanding how it works helps you understand well why it

0:31:35.240 --> 0:31:37.640
<v Speaker 4>got so bad. So if you can't stay tuned for

0:31:37.720 --> 0:31:39.800
<v Speaker 4>our four, or perhaps you don't get our four, grab

0:31:39.840 --> 0:31:42.080
<v Speaker 4>it via podcast Armstrong and Getty on demand. You really

0:31:42.080 --> 0:31:44.560
<v Speaker 4>ought to follow us and subscribe. And oh you know,

0:31:44.680 --> 0:31:47.440
<v Speaker 4>we never ever asked this. Give us a nice five

0:31:47.480 --> 0:31:50.200
<v Speaker 4>star review, would you please? It helps the algorithms kind

0:31:50.200 --> 0:31:54.320
<v Speaker 4>of push the show. Speaking of algorithms, anyway, I've fallen

0:31:54.320 --> 0:31:57.000
<v Speaker 4>in love with a man, at least intellectually speaking.

0:31:57.440 --> 0:31:58.600
<v Speaker 1>I was attracted to this.

0:31:58.520 --> 0:32:03.760
<v Speaker 4>Story about Abraham Avy is his nickname av Lobe, who

0:32:03.960 --> 0:32:10.680
<v Speaker 4>is was for a decade Harvard's share of the Astronomy Department.

0:32:11.480 --> 0:32:15.640
<v Speaker 4>He was the founding director of the Harvard Black Hole Initiative,

0:32:16.240 --> 0:32:18.600
<v Speaker 4>and he continues to teach it to school and holds

0:32:18.600 --> 0:32:23.720
<v Speaker 4>amazing titles in you know, the theory and computation in

0:32:23.800 --> 0:32:29.680
<v Speaker 4>astrophysics and stuff like that. And he's his attention has

0:32:29.760 --> 0:32:35.800
<v Speaker 4>gotten to a space oddity called three Eye Slash Atlas.

0:32:37.000 --> 0:32:39.640
<v Speaker 4>It is only the third object from outside our Solar

0:32:39.680 --> 0:32:44.080
<v Speaker 4>system that humanity has ever detected, and the vast majority

0:32:44.080 --> 0:32:46.320
<v Speaker 4>of astronomers are convinced that it's simply a large comet

0:32:46.360 --> 0:32:47.720
<v Speaker 4>that poses no threat to Earth.

0:32:47.880 --> 0:32:48.280
<v Speaker 1>Lobe.

0:32:48.320 --> 0:32:53.120
<v Speaker 4>However, is unconvinced by this explanation. He has laid out

0:32:53.160 --> 0:32:56.280
<v Speaker 4>all the ways Atlas is not behaving like a comet.

0:32:56.920 --> 0:32:59.840
<v Speaker 4>It has a very unusual trajectory which happens to be

0:32:59.880 --> 0:33:03.720
<v Speaker 4>a perfect tour of our nearby planets. It has very

0:33:03.760 --> 0:33:07.560
<v Speaker 4>strange coloring, and the way it appears to move, it

0:33:07.600 --> 0:33:10.880
<v Speaker 4>moves like it has an internal engine of some kind.

0:33:11.920 --> 0:33:16.480
<v Speaker 2>You're suggesting spaceship from an alien planet.

0:33:17.080 --> 0:33:20.680
<v Speaker 4>So the clear mister Loebees said is not saying this

0:33:20.760 --> 0:33:24.760
<v Speaker 4>is an extraterrestrial vehicle. He is, however, open to the

0:33:24.800 --> 0:33:29.120
<v Speaker 4>possibility that it could be. So he's tracking Atlas very

0:33:29.120 --> 0:33:31.680
<v Speaker 4>closely on his blog and looking at images every day.

0:33:31.720 --> 0:33:33.520
<v Speaker 1>Blah blah blah.

0:33:33.640 --> 0:33:36.800
<v Speaker 4>So that's fun. Is there an alien craft that's moving

0:33:36.800 --> 0:33:41.560
<v Speaker 4>in our direction? Harvard astronomy professor says, perhaps that's fun.

0:33:41.600 --> 0:33:43.520
<v Speaker 4>I got to say, But then I get to the

0:33:43.520 --> 0:33:48.160
<v Speaker 4>part that I really loved. The guy asks him, can

0:33:48.200 --> 0:33:50.560
<v Speaker 4>you explain this? Think of me as a precocious middle schooler,

0:33:50.600 --> 0:33:52.640
<v Speaker 4>because I'm not an expert, And his reply is one

0:33:52.640 --> 0:33:55.000
<v Speaker 4>of the best things I've ever read. He said, actually,

0:33:55.120 --> 0:33:56.960
<v Speaker 4>being young in the way you view things as a

0:33:56.960 --> 0:34:01.120
<v Speaker 4>great advantage, because science is the privilege of maintaining your

0:34:01.200 --> 0:34:02.680
<v Speaker 4>childhood curiosity.

0:34:02.960 --> 0:34:03.960
<v Speaker 1>Ah.

0:34:04.200 --> 0:34:08.160
<v Speaker 4>Now, unfortunately, he says, most practitioners abandon it because they

0:34:08.160 --> 0:34:11.040
<v Speaker 4>have other motivations. They want to show off to gain

0:34:11.080 --> 0:34:14.040
<v Speaker 4>status that helps them get funded or get awards and honors.

0:34:14.280 --> 0:34:17.239
<v Speaker 4>And that's what you know, That's what happens to most

0:34:17.280 --> 0:34:20.640
<v Speaker 4>people in academia, which is very unfortunate because we have this.

0:34:20.719 --> 0:34:23.080
<v Speaker 1>Gift of being paid to stay curious.

0:34:23.760 --> 0:34:26.920
<v Speaker 4>And he goes on about what a wonderful gift that

0:34:27.160 --> 0:34:31.000
<v Speaker 4>was and how it makes him sad when people insist that.

0:34:31.120 --> 0:34:34.560
<v Speaker 6>Science is fixed. This is what science says, and you

0:34:34.640 --> 0:34:35.839
<v Speaker 6>shouldn't question it.

0:34:36.719 --> 0:34:40.480
<v Speaker 4>He's totally against that it was beautifully said.

0:34:41.680 --> 0:34:44.040
<v Speaker 2>Yeah, I love it when you hear super smart people

0:34:44.120 --> 0:34:46.200
<v Speaker 2>say very basic, childlike things.

0:34:47.120 --> 0:34:48.239
<v Speaker 1>Yeah like that.

0:34:48.360 --> 0:34:50.879
<v Speaker 2>It's like the Fermi paradox or Fermi principle or whatever

0:34:50.920 --> 0:34:56.239
<v Speaker 2>it's called from that famous astrophysicist dude from way back

0:34:56.280 --> 0:34:58.560
<v Speaker 2>in the day who said, well where is everybody?

0:34:58.600 --> 0:34:58.799
<v Speaker 6>Then?

0:34:59.280 --> 0:35:02.719
<v Speaker 2>If there's a and other planets or life in other

0:35:02.719 --> 0:35:04.880
<v Speaker 2>parts of the universe, or where has everybody been?

0:35:04.960 --> 0:35:06.520
<v Speaker 1>So how come nobody's ever contacted?

0:35:06.640 --> 0:35:06.680
<v Speaker 4>Is?

0:35:07.320 --> 0:35:07.960
<v Speaker 1>Yeah?

0:35:08.080 --> 0:35:10.960
<v Speaker 4>Yeah, I love that though. And look, I was not

0:35:11.000 --> 0:35:13.560
<v Speaker 4>going for outrage this segment, But how different is that

0:35:13.760 --> 0:35:18.719
<v Speaker 4>from I represent science and people getting canceled online for

0:35:18.840 --> 0:35:20.880
<v Speaker 4>questioning quote unquote science.

0:35:21.840 --> 0:35:23.680
<v Speaker 1>Love this guy's attitude.

0:35:24.239 --> 0:35:26.000
<v Speaker 2>I do want to talk about the social credit score,

0:35:26.200 --> 0:35:28.520
<v Speaker 2>this idea that some people are bothered by this.

0:35:28.600 --> 0:35:29.480
<v Speaker 1>I think it's awesome.

0:35:29.920 --> 0:35:32.359
<v Speaker 2>Like open table, if you've ever used that for making

0:35:32.400 --> 0:35:35.960
<v Speaker 2>reservations for a restaurant or something like that is keeping

0:35:36.000 --> 0:35:39.600
<v Speaker 2>track of people who like don't show or show up later, whatever,

0:35:40.200 --> 0:35:42.200
<v Speaker 2>and then they're putting a score on that, and then

0:35:42.320 --> 0:35:44.719
<v Speaker 2>restaurants see that, and then they're either more or less

0:35:44.800 --> 0:35:46.680
<v Speaker 2>likely to give you a reservation based on that.

0:35:47.200 --> 0:35:48.880
<v Speaker 1>I have no problem with that. Whatsoever.

0:35:49.040 --> 0:35:52.359
<v Speaker 2>It's kind of like the best buy Costco. Oh, you're

0:35:52.400 --> 0:35:54.720
<v Speaker 2>the kind of person that buys something in the returns

0:35:54.719 --> 0:35:57.680
<v Speaker 2>it like two times a year versus you've never done

0:35:57.719 --> 0:36:00.680
<v Speaker 2>that before, so sure we'll let you return something for

0:36:00.760 --> 0:36:01.480
<v Speaker 2>your money back.

0:36:01.840 --> 0:36:06.360
<v Speaker 4>Airbnb is super big on everybody gets a review and

0:36:06.440 --> 0:36:07.479
<v Speaker 4>providers as long as.

0:36:07.360 --> 0:36:09.120
<v Speaker 2>The government's not involved in any way, like they're doing

0:36:09.120 --> 0:36:11.240
<v Speaker 2>in China. I think the social credit score thing seems

0:36:11.239 --> 0:36:14.360
<v Speaker 2>like a really good idea, interesting and I don't know

0:36:14.400 --> 0:36:16.400
<v Speaker 2>how you'd stop a private company from doing it anyway,

0:36:16.440 --> 0:36:17.480
<v Speaker 2>it's in their best interest.

0:36:18.239 --> 0:36:22.279
<v Speaker 1>Yeah, yeah, that's a good discussion. Anyway. We do a

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<v Speaker 1>lot of hours.

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<v Speaker 2>If you miss one, get the podcast Armstrong and Getty

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<v Speaker 2>on demand.

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<v Speaker 6>You should subscribe Armstrong and Getty