1 00:00:11,039 --> 00:00:15,280 Speaker 1: Broadcasting live from the Abraham Lincoln Radio Studio, the George 2 00:00:15,400 --> 00:00:20,000 Speaker 1: Washington Broadcast Center, Jack Armstrong and Joe, Katty Armstrong and 3 00:00:20,120 --> 00:00:21,680 Speaker 1: Petty Enough He. 4 00:00:24,520 --> 00:00:31,760 Speaker 2: Arms drawn, Joe and I aren You can't see it 5 00:00:31,880 --> 00:00:34,120 Speaker 2: because radio, but Joe and I are both standing here 6 00:00:34,120 --> 00:00:37,000 Speaker 2: wearing barrels with straps In the classic. 7 00:00:38,680 --> 00:00:39,840 Speaker 1: Was when was it a thing? 8 00:00:39,880 --> 00:00:42,479 Speaker 2: If you were poor, you lost all your money, you 9 00:00:42,560 --> 00:00:44,040 Speaker 2: could wear a barrel with straps? 10 00:00:44,159 --> 00:00:46,040 Speaker 1: Was that a thing? That's just cartoons? 11 00:00:46,080 --> 00:00:49,199 Speaker 2: I've seen from the olden days as an item of clothing. 12 00:00:49,280 --> 00:00:52,760 Speaker 2: A barrel seems particularly ill suited, right, even if you're 13 00:00:52,800 --> 00:00:56,480 Speaker 2: of a meager means, right, seems like a barrel would 14 00:00:56,480 --> 00:00:58,280 Speaker 2: be like the last thing you'd turn to. How about 15 00:00:58,280 --> 00:01:05,160 Speaker 2: a potato sat ritually anything but a barrel with straps anyway, 16 00:01:05,520 --> 00:01:08,840 Speaker 2: Live from Studio Seaea's in your dimly let room. 17 00:01:08,920 --> 00:01:12,000 Speaker 1: Deep within the bow the Bowels, the Friday Bowels. 18 00:01:11,600 --> 00:01:15,480 Speaker 2: Of the Armstrong and Getty Communications Compound, And as you 19 00:01:15,680 --> 00:01:17,520 Speaker 2: all know, the weekend bowels can be different than the 20 00:01:17,520 --> 00:01:21,240 Speaker 2: week balls. Today we're under the tutelage of our general manager. 21 00:01:22,520 --> 00:01:29,240 Speaker 2: Still tariffs. Yeah, well I'm backlash. That's the four lash 22 00:01:29,600 --> 00:01:34,280 Speaker 2: eyelash that's that's fair. I still don't think it's fair 23 00:01:34,360 --> 00:01:38,840 Speaker 2: to talk about, however, four trillion dollars of American wealth 24 00:01:39,000 --> 00:01:42,320 Speaker 2: wiped out, because it's just the way the stock market works. 25 00:01:42,360 --> 00:01:44,440 Speaker 2: I mean, you don't do that every day, because every 26 00:01:44,520 --> 00:01:47,280 Speaker 2: day you can say, you know, on a random Wednesday, 27 00:01:47,319 --> 00:01:50,520 Speaker 2: you could say, four hundred billion dollars of American wealth 28 00:01:50,520 --> 00:01:52,400 Speaker 2: wriped out, and then the next day, oh my god, 29 00:01:52,440 --> 00:01:54,680 Speaker 2: six hundred billion gained in the the next day two 30 00:01:54,680 --> 00:01:57,400 Speaker 2: billion wiped out. That's just the way it worked, right, 31 00:01:57,440 --> 00:02:00,800 Speaker 2: It's it's clickbaity and silly. On the other hand, I 32 00:02:00,800 --> 00:02:04,240 Speaker 2: will tell you this, if you only listened to the 33 00:02:04,280 --> 00:02:08,239 Speaker 2: early part of the show yesterday and the rest of 34 00:02:08,280 --> 00:02:12,280 Speaker 2: the world were able to puzzle out some of what 35 00:02:12,360 --> 00:02:15,600 Speaker 2: the figures that the administration put out really were and 36 00:02:15,639 --> 00:02:17,720 Speaker 2: what they meant, and they were a little misleading the 37 00:02:17,720 --> 00:02:22,320 Speaker 2: way they were labeled. And so I understand the policy 38 00:02:22,320 --> 00:02:24,280 Speaker 2: a little better. The more I understand, the less I 39 00:02:24,400 --> 00:02:29,400 Speaker 2: like it. Frankly, oh boy, because I wanted Kamla to 40 00:02:29,400 --> 00:02:30,919 Speaker 2: get erected, I just thought i'd. 41 00:02:30,680 --> 00:02:31,840 Speaker 1: Save you the trouble of saying that. 42 00:02:33,520 --> 00:02:36,920 Speaker 2: I am having a lot of trouble finding my favorite 43 00:02:36,960 --> 00:02:42,400 Speaker 2: economic thinkers saying this will work as planned. I mean, 44 00:02:42,440 --> 00:02:45,600 Speaker 2: whether the goals are noble, or whether you like tariffs 45 00:02:45,639 --> 00:02:49,359 Speaker 2: in general or not. The question always as a conservative, 46 00:02:49,400 --> 00:02:52,360 Speaker 2: if you are not a realist, you're a bad conservative, 47 00:02:52,600 --> 00:02:56,519 Speaker 2: You're just like a wacky ideologue. The question is will 48 00:02:56,520 --> 00:02:59,519 Speaker 2: it work as advertised in a way that benefits the 49 00:02:59,560 --> 00:03:02,320 Speaker 2: American peace in the long term. And I'm having trouble 50 00:03:02,320 --> 00:03:06,799 Speaker 2: finding people saying, oh, yes, yes it will. Uh well. 51 00:03:06,800 --> 00:03:09,440 Speaker 2: Trump has been into this is whole adult life. We 52 00:03:09,560 --> 00:03:11,640 Speaker 2: got some clips from the eighties where he talks about this. 53 00:03:12,040 --> 00:03:12,280 Speaker 1: Yep. 54 00:03:13,200 --> 00:03:15,480 Speaker 2: He once said tariff is the most beautiful word in 55 00:03:15,480 --> 00:03:18,640 Speaker 2: the English language. Then he said maybe God, maybe love, 56 00:03:18,960 --> 00:03:21,359 Speaker 2: but I like tariff top three. 57 00:03:22,760 --> 00:03:24,959 Speaker 1: So yeah, you know, he gets a how cool. 58 00:03:25,000 --> 00:03:26,920 Speaker 2: You know, I've got theories on life too, but I 59 00:03:27,040 --> 00:03:28,560 Speaker 2: I'm never going to be in a position to like 60 00:03:28,960 --> 00:03:30,880 Speaker 2: put them on the world to see if they work. 61 00:03:31,160 --> 00:03:32,919 Speaker 2: And he gets to put his theory onto the world 62 00:03:32,960 --> 00:03:35,960 Speaker 2: and see if it works. Yeah, indeed, and we'll have 63 00:03:36,000 --> 00:03:37,360 Speaker 2: to wait and see how it plays out. I think 64 00:03:37,400 --> 00:03:41,320 Speaker 2: the first and second tier effects though, of tariffs are 65 00:03:41,360 --> 00:03:43,840 Speaker 2: not what some folks expect them to be. Well, like, 66 00:03:43,840 --> 00:03:46,840 Speaker 2: we're going to play later a speech from Nancy Pelosi 67 00:03:46,840 --> 00:03:49,920 Speaker 2: from the nineties where she's talking about how tariffs are 68 00:03:49,920 --> 00:03:54,080 Speaker 2: the answer, and Democratic politicians have been talking about it 69 00:03:54,080 --> 00:03:56,600 Speaker 2: for a long time. That's why they're being pretty quiet 70 00:03:56,600 --> 00:04:00,000 Speaker 2: about it. It's been their theory forever. It's kind of 71 00:04:00,080 --> 00:04:04,200 Speaker 2: interesting that Trump's going with it, and then you know, 72 00:04:04,280 --> 00:04:06,960 Speaker 2: Republicans are then following him into what has been a 73 00:04:07,000 --> 00:04:09,880 Speaker 2: Democratic talking point for years. I'm not into the hole 74 00:04:10,040 --> 00:04:13,400 Speaker 2: just because it was or is either party's talking point. 75 00:04:13,520 --> 00:04:20,479 Speaker 2: It's automatically good or bad. But it is true. Yes, yeah, no, anyway, 76 00:04:20,560 --> 00:04:22,440 Speaker 2: So that's why we're standing here in a barrel straps. 77 00:04:22,800 --> 00:04:25,120 Speaker 2: I mean I didn't retire yesterday. Did you retire yesterday? 78 00:04:25,160 --> 00:04:26,880 Speaker 2: So you know what the what my four one K 79 00:04:27,040 --> 00:04:29,360 Speaker 2: is yesterday isn't as important as what it is ten 80 00:04:29,440 --> 00:04:30,840 Speaker 2: years from now or whatever. Well I was going to 81 00:04:30,920 --> 00:04:34,080 Speaker 2: retire today, No I can't. So if my attitude seems 82 00:04:34,080 --> 00:04:40,200 Speaker 2: a little crappy, that's why, you know, the old incredibly 83 00:04:40,360 --> 00:04:43,880 Speaker 2: discouraging saying that in politics, if you're explaining, you're losing. 84 00:04:44,000 --> 00:04:44,960 Speaker 1: Yeah, it is discouraged. 85 00:04:45,000 --> 00:04:50,080 Speaker 2: It is impossible to discuss tariffs without a lot of explaining. 86 00:04:51,600 --> 00:04:55,400 Speaker 1: I mean, like when your eyes glaze over. You're about 87 00:04:55,440 --> 00:04:56,599 Speaker 1: a third of the way home. 88 00:04:58,040 --> 00:05:01,159 Speaker 2: It's what it does to economic growth, and what it 89 00:05:01,200 --> 00:05:06,640 Speaker 2: does to exports tariffs and retaliation and revenue growth, and 90 00:05:06,680 --> 00:05:09,360 Speaker 2: what are the goals of tariffs and are they contradictory? 91 00:05:09,360 --> 00:05:13,359 Speaker 1: And ay yeah, yeah, yeah, yeaye. So I don't know 92 00:05:13,360 --> 00:05:15,640 Speaker 1: where the Dow is now an hour ago. 93 00:05:15,720 --> 00:05:17,880 Speaker 2: Last time I checked those down like four hundred points 94 00:05:17,920 --> 00:05:23,520 Speaker 2: after a pretty big drop yesterday. People are knocking on bathrooms, 95 00:05:23,640 --> 00:05:26,400 Speaker 2: Jack saying, are you done in there? Because the Dow 96 00:05:26,600 --> 00:05:31,840 Speaker 2: is in the toilet? I get it, but I don't 97 00:05:31,839 --> 00:05:34,799 Speaker 2: know the market. Let's say the market the Dow is stupid? 98 00:05:36,120 --> 00:05:39,520 Speaker 2: Am I being a Pollyanna? Like? I was watching Mika 99 00:05:39,520 --> 00:05:44,320 Speaker 2: Brazinski on MSNBC yesterday and then she was talking to 100 00:05:44,360 --> 00:05:46,320 Speaker 2: somebody and they said Nick could bring a recession and 101 00:05:46,360 --> 00:05:50,040 Speaker 2: she went, oh no, And I thought, I don't. 102 00:05:49,839 --> 00:05:51,400 Speaker 1: Do that about the word recession. 103 00:05:51,480 --> 00:05:55,239 Speaker 2: I just does the average person react to the idea 104 00:05:55,240 --> 00:05:56,800 Speaker 2: of recession with horror like that? 105 00:05:57,040 --> 00:05:59,200 Speaker 1: I mean, I've lived through how many have I had 106 00:05:59,240 --> 00:06:02,400 Speaker 1: in my adult life? A dozen? Eight? I don't know. 107 00:06:02,560 --> 00:06:04,920 Speaker 1: I don't know because they're not significant enough to count. 108 00:06:05,160 --> 00:06:09,320 Speaker 2: They're not you know, fantastic maybe, but they're not as 109 00:06:09,360 --> 00:06:11,760 Speaker 2: good when as when growth is rosy. 110 00:06:11,920 --> 00:06:16,400 Speaker 1: Certainly, but no, it's not a moment all the things. 111 00:06:16,480 --> 00:06:19,039 Speaker 2: I could list so many things in my life that 112 00:06:19,240 --> 00:06:22,560 Speaker 2: do or could potentially make me go, but that's not. 113 00:06:22,600 --> 00:06:23,960 Speaker 1: One of them. And why is that? 114 00:06:24,480 --> 00:06:27,320 Speaker 2: Is that just an example of how divorced the media 115 00:06:27,480 --> 00:06:30,040 Speaker 2: is from normal human beings. I think they think we 116 00:06:30,120 --> 00:06:33,240 Speaker 2: all react like that, or or they think they should 117 00:06:33,320 --> 00:06:38,640 Speaker 2: because all the super gazillionaire financial people they have on 118 00:06:38,680 --> 00:06:42,400 Speaker 2: their sets, it is a big deal for them, but 119 00:06:42,839 --> 00:06:45,120 Speaker 2: in their world because that's what they focus on all 120 00:06:45,160 --> 00:06:47,080 Speaker 2: the time. And I just don't think the average person. 121 00:06:47,080 --> 00:06:49,400 Speaker 2: I should ask my dad about that, like to your 122 00:06:49,400 --> 00:06:52,160 Speaker 2: whole life, did you, oh, man, might be a recession 123 00:06:52,200 --> 00:06:52,680 Speaker 2: next quarter? 124 00:06:52,880 --> 00:06:54,880 Speaker 1: Good lord, I don't remember that. 125 00:06:56,240 --> 00:06:58,440 Speaker 2: Tighten up the straps on your barrel and get ready, 126 00:06:58,560 --> 00:07:00,560 Speaker 2: I guess. And if you had several in a row, 127 00:07:00,680 --> 00:07:03,160 Speaker 2: that would be rough, but usually you have a quarters 128 00:07:03,480 --> 00:07:05,560 Speaker 2: then you go back to normal. Well, yeah, if a 129 00:07:05,600 --> 00:07:08,359 Speaker 2: recession stretched down for years like Japan had, for instance, 130 00:07:08,360 --> 00:07:11,120 Speaker 2: well that would be something else, but it almost never happens. 131 00:07:11,520 --> 00:07:15,760 Speaker 2: Our economy is too dynamic and creative and adaptable, you know. 132 00:07:15,840 --> 00:07:18,440 Speaker 2: I can understand how you wouldn't want to do things 133 00:07:18,480 --> 00:07:21,160 Speaker 2: in particular that bring them on as opposed to it's 134 00:07:21,200 --> 00:07:24,880 Speaker 2: just part of a business cycle. Yeah, yeah, we'll see. 135 00:07:24,960 --> 00:07:27,640 Speaker 2: But for instance, got breaking news. The job numbers are 136 00:07:27,640 --> 00:07:29,840 Speaker 2: out two hundred and twenty eight thousand jobs added in March, 137 00:07:29,880 --> 00:07:33,200 Speaker 2: which was beat expectations and people are thrilled about it. 138 00:07:33,280 --> 00:07:35,840 Speaker 1: Okay, so fantastic. Am I out of the woods? 139 00:07:35,880 --> 00:07:39,000 Speaker 2: Are? Is that good news or bad? The recession over 140 00:07:39,160 --> 00:07:42,200 Speaker 2: or I don't know. I'm just gonna keep going to work. 141 00:07:42,760 --> 00:07:43,720 Speaker 2: Someday when I'm old. 142 00:07:43,560 --> 00:07:44,120 Speaker 1: Will retire. 143 00:07:44,440 --> 00:07:47,600 Speaker 2: We'll see what I got left. Eli, I by this 144 00:07:47,640 --> 00:07:50,200 Speaker 2: size fishing boulder. This is sized fishing boat. That'll be 145 00:07:50,200 --> 00:07:54,160 Speaker 2: the end of it. Now, I hear you, I hear you. 146 00:07:54,760 --> 00:07:58,720 Speaker 2: So unnecessary hyperbole is something we avoid. 147 00:07:58,920 --> 00:07:59,480 Speaker 1: The other thing. 148 00:07:59,520 --> 00:08:00,880 Speaker 2: I've got to get this off my chest and then 149 00:08:00,920 --> 00:08:03,200 Speaker 2: I'll shut up because we have Katie's headlines and clips 150 00:08:03,200 --> 00:08:04,960 Speaker 2: of the week in a couple of minutes. 151 00:08:05,080 --> 00:08:06,960 Speaker 1: A few minutes, I. 152 00:08:06,880 --> 00:08:10,000 Speaker 2: Was listening to another show as I was preparing for 153 00:08:10,320 --> 00:08:11,120 Speaker 2: the festivities. 154 00:08:11,200 --> 00:08:12,160 Speaker 1: There are other shows. 155 00:08:12,240 --> 00:08:21,440 Speaker 2: Yeah, oddly and this uh, this host is clearly proudly. 156 00:08:21,000 --> 00:08:23,320 Speaker 1: And out out. 157 00:08:22,520 --> 00:08:28,400 Speaker 2: As a Christian and was mixing news analysis with the 158 00:08:29,400 --> 00:08:36,440 Speaker 2: unmistakable Christianity and defense of the Trump policies. But he 159 00:08:36,679 --> 00:08:42,440 Speaker 2: was not like defending the policies based on the fact 160 00:08:42,440 --> 00:08:45,720 Speaker 2: that he believed they would work, or here's why they're 161 00:08:45,760 --> 00:08:49,560 Speaker 2: good policies. It was because they were Trump's. And it 162 00:08:49,760 --> 00:08:53,280 Speaker 2: became clear to me that there's like two polls, if 163 00:08:53,320 --> 00:08:54,640 Speaker 2: you will, there are two. 164 00:08:54,559 --> 00:08:59,320 Speaker 1: Jesus Jesus show. I believe the plural is Jesus Jesus. 165 00:08:59,360 --> 00:09:03,440 Speaker 2: I'm not sure, but there were two Jesi Jesus of 166 00:09:03,520 --> 00:09:04,640 Speaker 2: Nazareth and Donald J. 167 00:09:04,800 --> 00:09:05,160 Speaker 1: Trump. 168 00:09:05,400 --> 00:09:07,839 Speaker 2: And you're not going to get that here either. When 169 00:09:07,840 --> 00:09:09,960 Speaker 2: he's right, he's right. When he's wrong, he's wrong. And 170 00:09:10,000 --> 00:09:12,480 Speaker 2: if that's not what you're looking for, that's we understand. 171 00:09:12,520 --> 00:09:13,040 Speaker 2: That's fine. 172 00:09:13,600 --> 00:09:16,560 Speaker 1: You know you might enjoy it anyway, but you're not. 173 00:09:16,720 --> 00:09:22,559 Speaker 2: Yeah, sorry, I don't know how this terriff thing is 174 00:09:22,600 --> 00:09:26,440 Speaker 2: going to turn out. That's still is my position. Let's 175 00:09:26,440 --> 00:09:29,160 Speaker 2: start the show officially. I'm Jack Armstrong. He's Joe Getty 176 00:09:29,200 --> 00:09:29,440 Speaker 2: on this. 177 00:09:29,559 --> 00:09:35,000 Speaker 1: It is Friday, yes April to fourth, my niece's birthday. 178 00:09:35,040 --> 00:09:36,200 Speaker 1: I've got to send her a text. 179 00:09:36,360 --> 00:09:38,440 Speaker 2: There are twenty twenty five we are Armstrong in getting 180 00:09:38,440 --> 00:09:41,080 Speaker 2: we approve of this program. Let's begin then officially according 181 00:09:41,080 --> 00:09:44,920 Speaker 2: to FCC rules and regulations at mark. I think it's 182 00:09:44,920 --> 00:09:45,680 Speaker 2: going very well. 183 00:09:45,679 --> 00:09:49,400 Speaker 3: It was an operation like when a patient gets operated 184 00:09:49,480 --> 00:09:51,360 Speaker 3: on and it's. 185 00:09:51,240 --> 00:09:51,800 Speaker 1: A big thing. 186 00:09:51,920 --> 00:09:54,440 Speaker 3: I said this, which exactly be the way it is. 187 00:09:56,280 --> 00:09:58,560 Speaker 1: Things are going well. You compared it to a patient, 188 00:09:59,000 --> 00:10:00,840 Speaker 1: you know, go through get an operation. 189 00:10:00,880 --> 00:10:03,720 Speaker 2: You don't feel fantastic right immediately right after the operation, 190 00:10:03,840 --> 00:10:05,200 Speaker 2: huh had a lot of pain. 191 00:10:05,240 --> 00:10:06,720 Speaker 1: We had a disease. We had to go in there, 192 00:10:06,720 --> 00:10:07,760 Speaker 1: we had to cut something out. 193 00:10:07,800 --> 00:10:09,960 Speaker 2: They're gonna have a little rough recovery period and then 194 00:10:10,000 --> 00:10:12,080 Speaker 2: they'll be on their feet and dancing before you know it. 195 00:10:12,120 --> 00:10:14,920 Speaker 1: All right then whoa, I don't know. I was so worried. 196 00:10:16,840 --> 00:10:18,719 Speaker 2: So we got all that stuff Joe mentioned on the 197 00:10:18,760 --> 00:10:20,840 Speaker 2: way and you can comment on anything text line four 198 00:10:20,880 --> 00:10:22,800 Speaker 2: one five two nine five KFTC. 199 00:10:26,040 --> 00:10:27,800 Speaker 1: I sent a text to my niece. 200 00:10:28,400 --> 00:10:31,960 Speaker 2: Happy birthday, which I think she will rollerize at in 201 00:10:32,000 --> 00:10:34,120 Speaker 2: a twenty something sort of way. 202 00:10:34,320 --> 00:10:38,360 Speaker 4: Thank you were correct, any exclamation point or anything. 203 00:10:38,440 --> 00:10:42,520 Speaker 2: Her old boomer uncle sent her a happy birthya surely 204 00:10:42,880 --> 00:10:45,880 Speaker 2: through a birthday cake emoji. No, I don't I don't 205 00:10:45,880 --> 00:10:48,920 Speaker 2: send emoji exclamation point not a child? 206 00:10:49,080 --> 00:10:53,080 Speaker 1: Uh non? Like better just sell it. 207 00:10:53,280 --> 00:10:58,160 Speaker 2: You're like a fundamentalist Muslim about exclamation points and emoji. 208 00:10:58,240 --> 00:11:02,040 Speaker 1: I can't. I can't do the exclamation point. I just can't. 209 00:11:03,000 --> 00:11:05,120 Speaker 1: You really need some couch time to understand that. 210 00:11:05,600 --> 00:11:07,480 Speaker 4: You know, you're like the only person that will send 211 00:11:07,480 --> 00:11:10,400 Speaker 4: me a text that has no punctuation or anything involved 212 00:11:10,440 --> 00:11:10,600 Speaker 4: in it. 213 00:11:10,640 --> 00:11:13,200 Speaker 1: And I go, Okay, it's Jack. He's not mad. It's 214 00:11:13,280 --> 00:11:14,200 Speaker 1: just the way that he takes right. 215 00:11:14,240 --> 00:11:16,959 Speaker 2: So if I say great, it's what If I say great, 216 00:11:17,360 --> 00:11:20,600 Speaker 2: it's it looks like I said great or great? 217 00:11:21,360 --> 00:11:21,640 Speaker 1: Yeah? 218 00:11:21,880 --> 00:11:27,520 Speaker 2: Yes, right, But you know you are living in the 219 00:11:27,600 --> 00:11:29,360 Speaker 2: year six hundred in terms of texting. 220 00:11:29,440 --> 00:11:31,480 Speaker 1: But in my real life, if you if you know me, 221 00:11:31,600 --> 00:11:37,000 Speaker 1: I'm not a great sort of guy. Try what not well? 222 00:11:37,000 --> 00:11:42,360 Speaker 2: When you're when you're unhappy, you're like dozens of exclamation points. 223 00:11:42,480 --> 00:11:45,240 Speaker 1: Yeah, mad face emojis all. 224 00:11:44,720 --> 00:11:47,760 Speaker 2: Caps for pages at a time. I'm an all caps person. 225 00:11:48,000 --> 00:11:49,720 Speaker 2: I should be all caps for all my text. I 226 00:11:49,720 --> 00:11:52,200 Speaker 2: have an all I do walk around in all caps persons. 227 00:11:52,240 --> 00:11:56,679 Speaker 1: Oh boy, oh bro, what kind of bread do you eat? 228 00:11:56,760 --> 00:11:56,920 Speaker 2: Jack? 229 00:11:56,960 --> 00:11:58,280 Speaker 1: It's just plain white bread? 230 00:11:58,320 --> 00:12:00,640 Speaker 2: Right. I have finally switched off of one bread at 231 00:12:00,640 --> 00:12:02,720 Speaker 2: the request of family members. 232 00:12:02,720 --> 00:12:06,480 Speaker 1: So I'm an eat more of a grained bread. I guess. 233 00:12:06,960 --> 00:12:09,520 Speaker 2: All right, Well, let's figure out who's reporting what. It's 234 00:12:09,559 --> 00:12:13,200 Speaker 2: the lead story with Katie Green. Katie, let's start with ABC. 235 00:12:13,760 --> 00:12:15,520 Speaker 2: Trump says, quote, it's. 236 00:12:15,320 --> 00:12:18,479 Speaker 4: Going very well after Tariff's royal the markets. 237 00:12:18,800 --> 00:12:21,800 Speaker 1: Yeah. Well, I don't know if it's going to go 238 00:12:21,840 --> 00:12:22,600 Speaker 1: well or not, but. 239 00:12:22,520 --> 00:12:25,120 Speaker 2: The whole judging it off of one day off the 240 00:12:25,120 --> 00:12:27,120 Speaker 2: stock market just seems so stupid to me. 241 00:12:27,360 --> 00:12:29,880 Speaker 1: Yeah, agreed from Bloomberg. 242 00:12:30,280 --> 00:12:34,439 Speaker 4: Trump says he thinks Iran will accept direct nuclear talks. 243 00:12:35,840 --> 00:12:37,360 Speaker 1: Yeah. I was just reading about that. 244 00:12:37,480 --> 00:12:40,320 Speaker 2: He wants them to dismantle their nuclear programs, and he's 245 00:12:40,320 --> 00:12:42,400 Speaker 2: not going to waste any time with the silly They're 246 00:12:42,440 --> 00:12:44,720 Speaker 2: on one floor of a hotel. We're on the other floor, 247 00:12:44,760 --> 00:12:47,080 Speaker 2: and we send emissaries from a third party back and 248 00:12:47,120 --> 00:12:49,840 Speaker 2: forth to negotiate. He's like, let's sit down and work 249 00:12:49,880 --> 00:12:52,720 Speaker 2: this out, or we're going to bomb you back to Yes. 250 00:12:52,880 --> 00:12:56,679 Speaker 1: Yeah. From the Free Beacon, Columbia. 251 00:12:56,280 --> 00:13:00,480 Speaker 4: University radicals welcome new president by vandalizing the campus room 252 00:13:00,480 --> 00:13:01,719 Speaker 4: with a Hamas triangle. 253 00:13:02,360 --> 00:13:03,360 Speaker 1: Nice. 254 00:13:03,640 --> 00:13:05,200 Speaker 2: So, I don't know if you have this headline, but 255 00:13:05,240 --> 00:13:07,000 Speaker 2: I saw the headline last night as I was going 256 00:13:07,080 --> 00:13:09,520 Speaker 2: to bed that Hamas announced they're going to release all 257 00:13:09,520 --> 00:13:11,600 Speaker 2: the hostages to get a ceasefire. 258 00:13:11,760 --> 00:13:14,440 Speaker 1: Now did that come and go that headline already or 259 00:13:15,040 --> 00:13:19,160 Speaker 1: I'm making my squinty face, Oh are you no longer? 260 00:13:19,800 --> 00:13:25,080 Speaker 2: It could be there absolutely a moral, vicious lizard like 261 00:13:25,200 --> 00:13:28,800 Speaker 2: brains have said, all right, this is our only card. 262 00:13:28,800 --> 00:13:31,920 Speaker 2: Trump is going to back Israel doing anything. Uh yeah, 263 00:13:31,960 --> 00:13:34,840 Speaker 2: so we better give the hostages. Yeah, this is the 264 00:13:34,880 --> 00:13:37,160 Speaker 2: only way we can buy time, and then we'll go 265 00:13:37,240 --> 00:13:38,079 Speaker 2: back to you know. 266 00:13:38,120 --> 00:13:40,640 Speaker 1: Guerrilla warfare and the rest of it. It's possible. 267 00:13:41,720 --> 00:13:45,920 Speaker 4: From the New York Times, USDA freezes funding for Maine 268 00:13:46,120 --> 00:13:48,599 Speaker 4: amid battle over transgender athletes. 269 00:13:50,400 --> 00:13:52,480 Speaker 2: I'm not sure what the USDA has to do with 270 00:13:52,559 --> 00:13:55,280 Speaker 2: any of it. It's government spending. I suppose Maine is 271 00:13:55,720 --> 00:13:59,600 Speaker 2: super woke on the transgender The boys will put up 272 00:13:59,600 --> 00:14:02,520 Speaker 2: on girl because they say their girls badness. 273 00:14:02,640 --> 00:14:04,760 Speaker 1: And that governor got into a spat with Trump. 274 00:14:04,840 --> 00:14:11,640 Speaker 4: Right from NBC, Pentagon Inspector General to investigate Pete Hegsath's 275 00:14:11,800 --> 00:14:13,560 Speaker 4: role in Signal Chat leak. 276 00:14:14,280 --> 00:14:19,000 Speaker 2: Arry Trump fired some big NSA guys in the last 277 00:14:19,040 --> 00:14:21,480 Speaker 2: couple of days. It got obscured by the tariff madness. 278 00:14:21,520 --> 00:14:23,120 Speaker 2: But we'll talk about that a little bit. 279 00:14:24,120 --> 00:14:28,880 Speaker 4: From USA Today quote there's a movement bubbling up anti 280 00:14:28,920 --> 00:14:32,440 Speaker 4: Trump protests planned nationwide tomorrow. 281 00:14:33,320 --> 00:14:36,200 Speaker 2: Uh, the resistance is back. 282 00:14:36,320 --> 00:14:38,520 Speaker 1: The resistance back together. 283 00:14:39,240 --> 00:14:43,160 Speaker 2: Break out your pea hat and your Trump's a Nazi 284 00:14:43,280 --> 00:14:45,960 Speaker 2: and the big giant balloon with Trump as a baby. 285 00:14:46,000 --> 00:14:48,680 Speaker 1: Break it, guet, find it quickly. We're back. 286 00:14:49,960 --> 00:14:54,640 Speaker 4: The New York Post, Ohio driver dropped his donut and 287 00:14:54,760 --> 00:14:58,120 Speaker 4: caused a three car crash. 288 00:14:58,280 --> 00:14:59,480 Speaker 1: He like bent over to pick it up. 289 00:14:59,720 --> 00:15:01,680 Speaker 4: Yeah, it fell on the floor. He bent over to 290 00:15:01,680 --> 00:15:04,280 Speaker 4: pick it up, went into oncoming traffic. Luckily nobody was 291 00:15:04,320 --> 00:15:05,200 Speaker 4: seriously hurt. 292 00:15:05,320 --> 00:15:07,680 Speaker 2: But I've almost done that sort of thing before, and 293 00:15:07,760 --> 00:15:11,720 Speaker 2: I thought, jeez, you just you're gonna what are you doing? 294 00:15:11,840 --> 00:15:13,240 Speaker 1: Yeah, no, leave it on the floor. 295 00:15:13,400 --> 00:15:16,320 Speaker 2: You hear the coffee spill onto your crotch, Like, hey, hey, 296 00:15:16,400 --> 00:15:17,520 Speaker 2: your crotch is gonna be wet. 297 00:15:17,560 --> 00:15:20,200 Speaker 1: Just accept it. Stay in your lane, literally, stay in 298 00:15:20,240 --> 00:15:20,800 Speaker 1: your lane. 299 00:15:21,440 --> 00:15:23,920 Speaker 2: On the other hand, I do like the phrase you 300 00:15:23,960 --> 00:15:25,560 Speaker 2: just used, Katie Man. 301 00:15:25,600 --> 00:15:29,440 Speaker 1: Did Jack drop the donut on that project? Yeah, so 302 00:15:29,480 --> 00:15:31,200 Speaker 1: it sounds like it ought to be an expression. Yep. 303 00:15:32,200 --> 00:15:33,320 Speaker 1: From study fines. 304 00:15:34,000 --> 00:15:38,480 Speaker 4: Seventy percent of Americans mentally clock out of work three 305 00:15:38,560 --> 00:15:40,200 Speaker 4: days before taking vacation. 306 00:15:41,920 --> 00:15:47,800 Speaker 1: Let's talk about right, three days. That seems like a lot. 307 00:15:48,200 --> 00:15:49,960 Speaker 1: I don't know. Our job's a little different. 308 00:15:50,040 --> 00:15:51,640 Speaker 2: Yeah, I'm trying to think when I have had a 309 00:15:51,680 --> 00:15:56,600 Speaker 2: regular job mentally clocked, I will still do something. 310 00:15:56,720 --> 00:16:03,520 Speaker 4: But and finally, the Babylon Bee Dodgers bankrupted. Is Trump 311 00:16:03,560 --> 00:16:06,800 Speaker 4: places twenty five percent tariff on Japanese players. 312 00:16:08,000 --> 00:16:11,560 Speaker 2: Hilarious, and the Dodgers would just pay it and continue? 313 00:16:11,560 --> 00:16:16,000 Speaker 1: Are they still undefeated? They win again last night? Nobody knows. 314 00:16:17,520 --> 00:16:22,280 Speaker 2: Maybe the uh Padres are also undefeated. I've been asked 315 00:16:22,280 --> 00:16:25,960 Speaker 2: to mention, not that we really do baseball standings here much, 316 00:16:26,040 --> 00:16:28,360 Speaker 2: but there you have it. Now, quit yelling at me 317 00:16:28,440 --> 00:16:30,760 Speaker 2: Padres fans. We have met Dodd doing. 318 00:16:31,200 --> 00:16:32,840 Speaker 1: The Dodgers did win last night? Okay? 319 00:16:33,520 --> 00:16:36,080 Speaker 2: Are they go one hundred and sixty two and oh yeah, 320 00:16:36,160 --> 00:16:37,480 Speaker 2: you there will have to be changed. 321 00:16:38,000 --> 00:16:39,880 Speaker 1: You gotta have a salary cap if they go one 322 00:16:39,920 --> 00:16:40,880 Speaker 1: sixty two and zero? Yeah? 323 00:16:40,880 --> 00:16:45,200 Speaker 2: What's how crazy would it have to be for it 324 00:16:45,360 --> 00:16:49,360 Speaker 2: just to be inescapably true that something was going to 325 00:16:49,440 --> 00:16:52,560 Speaker 2: change if they won one hundred and thirty games clearly. Well, 326 00:16:52,560 --> 00:16:54,000 Speaker 2: you'd have to win the World Series. I think it'd 327 00:16:54,040 --> 00:16:56,720 Speaker 2: be more about multiple World Series in a row. 328 00:16:56,920 --> 00:16:58,760 Speaker 1: Ah. Yeah, you're probably right. 329 00:17:00,160 --> 00:17:03,840 Speaker 2: Because in every sport, which is an interesting tributa question, 330 00:17:04,000 --> 00:17:06,880 Speaker 2: in every sport, the team that has the best season 331 00:17:07,359 --> 00:17:11,760 Speaker 2: did not win the championship that year. Hockey, football, baseball, 332 00:17:11,760 --> 00:17:12,960 Speaker 2: and basketball all four like. 333 00:17:12,920 --> 00:17:15,639 Speaker 1: The all time best season. Yeah yeah, oh interesting. Yeah, 334 00:17:16,080 --> 00:17:16,879 Speaker 1: it's just a fact. 335 00:17:17,520 --> 00:17:19,440 Speaker 2: We've got clips a week on the week up mailbag, 336 00:17:19,560 --> 00:17:20,600 Speaker 2: news of the day, stay. 337 00:17:20,440 --> 00:17:27,199 Speaker 1: With us, Armstrong and Getty. So we got some breaking 338 00:17:27,280 --> 00:17:29,080 Speaker 1: news on a variety of fronts for you. 339 00:17:29,119 --> 00:17:31,600 Speaker 2: We can fit in in just a couple of seconds 340 00:17:31,640 --> 00:17:32,679 Speaker 2: and some great texts. 341 00:17:32,720 --> 00:17:33,679 Speaker 1: I hope you can stick around. 342 00:17:33,720 --> 00:17:36,359 Speaker 2: But first, it's the beloved Friday tradition. Let's take a 343 00:17:36,400 --> 00:17:38,160 Speaker 2: fond look back of the week that was. It's cow 344 00:17:38,240 --> 00:17:40,800 Speaker 2: clips of the week. I think it's going very well. 345 00:17:41,040 --> 00:17:43,439 Speaker 4: Just have to treat us fairly, and we're flipping that 346 00:17:43,520 --> 00:17:47,280 Speaker 4: on its head, the whips of the week. 347 00:17:48,600 --> 00:17:54,040 Speaker 3: My fellow Americans, this is Liberation Day. For decades, our 348 00:17:54,080 --> 00:17:58,040 Speaker 3: country has been looted, pillage, raped, and plundered by nations 349 00:17:58,080 --> 00:17:58,720 Speaker 3: near and far. 350 00:18:00,320 --> 00:18:04,720 Speaker 4: Trump is resetting the entire global market. 351 00:18:05,320 --> 00:18:08,920 Speaker 2: They hate our beef because our beefs is beautiful. 352 00:18:10,000 --> 00:18:13,040 Speaker 1: Do not retaliate, Do not paddic here. 353 00:18:13,040 --> 00:18:15,040 Speaker 2: That's my message to America. 354 00:18:15,280 --> 00:18:17,400 Speaker 1: What if they're wrong, They're not going to be wrong. 355 00:18:17,640 --> 00:18:21,240 Speaker 1: It is going to work. They're not judges, They're just 356 00:18:21,280 --> 00:18:24,520 Speaker 1: pretending to be judges. They're just politicians wearing judges' robes. 357 00:18:25,520 --> 00:18:28,560 Speaker 4: They don't want to see some outsiders, some billionaire come 358 00:18:28,600 --> 00:18:31,120 Speaker 4: in and try to buy a seat on the Wisconsin 359 00:18:31,160 --> 00:18:31,760 Speaker 4: Supreme Court. 360 00:18:32,640 --> 00:18:33,439 Speaker 1: This is gross. 361 00:18:33,440 --> 00:18:35,720 Speaker 4: They're just doing all this to try to distract from 362 00:18:35,720 --> 00:18:37,800 Speaker 4: what's happening on their side. 363 00:18:37,920 --> 00:18:40,639 Speaker 1: I confess that i'd been inadequate to the moment. 364 00:18:40,960 --> 00:18:44,080 Speaker 2: I confess that the Democratic Party has made terrible mistakes. 365 00:18:45,160 --> 00:18:48,600 Speaker 2: We need to own our mistakes, so we need to 366 00:18:48,640 --> 00:18:49,879 Speaker 2: own what's wrong with our partner. 367 00:18:50,960 --> 00:18:57,240 Speaker 1: I don't believe you. It's luck. Director made me remove 368 00:18:57,280 --> 00:18:59,000 Speaker 1: my shirt and told me it was like wearing a 369 00:18:59,040 --> 00:19:06,800 Speaker 1: swastika in front of a Jewish person. Hey, okay, okay, unfair. 370 00:19:07,880 --> 00:19:10,040 Speaker 2: You can see now that we are in a pre 371 00:19:10,720 --> 00:19:11,960 Speaker 2: civil war culture. 372 00:19:12,080 --> 00:19:15,720 Speaker 1: Now, if you take part in the wave of domestic 373 00:19:15,800 --> 00:19:20,280 Speaker 1: terrorism against Tesla properties, we will find you, arrest you, 374 00:19:20,520 --> 00:19:22,000 Speaker 1: and put you behind bars. 375 00:19:23,040 --> 00:19:26,320 Speaker 4: President Trump reportedly says he's considering ways to serve a 376 00:19:26,440 --> 00:19:27,920 Speaker 4: third term. 377 00:19:28,240 --> 00:19:32,320 Speaker 2: The Democrats could try to run Barack Obama. I ask you, 378 00:19:32,600 --> 00:19:36,040 Speaker 2: I'd love that my phone number was in his phone, 379 00:19:36,280 --> 00:19:39,440 Speaker 2: because my phone number is in his phone to the. 380 00:19:39,400 --> 00:19:41,639 Speaker 3: Man that brded my hair while I was asleep on 381 00:19:41,680 --> 00:19:44,080 Speaker 3: a plane, I need you to come forth immediately. 382 00:19:45,280 --> 00:19:53,200 Speaker 1: Oot O. No, it could be my wingman anytime. And they're, well, 383 00:19:53,359 --> 00:19:56,639 Speaker 1: my god, that's an embarrassment. I'm embarrassment just for the listener. 384 00:19:56,680 --> 00:20:00,159 Speaker 2: I have nothing to do with choosing shirtless teenage her 385 00:20:00,200 --> 00:20:00,840 Speaker 2: old movies. 386 00:20:01,040 --> 00:20:04,120 Speaker 1: As opposed to the greatest guy, he's gone too far, 387 00:20:04,280 --> 00:20:06,920 Speaker 1: As opposed to the class he has gone too far, 388 00:20:06,960 --> 00:20:09,600 Speaker 1: the coolest guy movie of all time. 389 00:20:11,160 --> 00:20:28,840 Speaker 2: You got the Fifer flood. Hey, we got a variety 390 00:20:28,840 --> 00:20:30,480 Speaker 2: of things for we can work out. I can work 391 00:20:30,560 --> 00:20:33,960 Speaker 2: up here from not important to important. But we got 392 00:20:33,960 --> 00:20:37,960 Speaker 2: this text from a friend of the show. Here's a 393 00:20:38,040 --> 00:20:40,560 Speaker 2: clip of Val Kilmer explaining how he came up with 394 00:20:40,600 --> 00:20:43,679 Speaker 2: the doc holiday accent from Tombstone, which has always bewildered me. 395 00:20:44,119 --> 00:20:47,200 Speaker 2: And he said, your indignation was righteous and appropriate. 396 00:20:48,680 --> 00:20:51,840 Speaker 1: Wow. Also this actually breaking news. 397 00:20:51,880 --> 00:20:55,000 Speaker 2: British police have charged comedian Russell Brand with rape. 398 00:20:55,240 --> 00:20:59,320 Speaker 1: Oh charged. I was accused, but charged. 399 00:20:58,880 --> 00:21:02,800 Speaker 2: With rape and actual assault after an investigation. The offenses 400 00:21:02,840 --> 00:21:04,800 Speaker 2: took place between ninety nine and two thousand and five. 401 00:21:04,880 --> 00:21:07,040 Speaker 2: Russell Brand has become a big deal on the right. 402 00:21:07,280 --> 00:21:10,920 Speaker 2: He was on Hannity like Night before last, Right, I 403 00:21:10,960 --> 00:21:14,240 Speaker 2: know a woman who came into his orbit and he 404 00:21:14,359 --> 00:21:17,280 Speaker 2: was sweet on her, and she, for whatever reason took 405 00:21:17,280 --> 00:21:19,840 Speaker 2: a pass and has been breathing a sigh of relief 406 00:21:19,920 --> 00:21:22,159 Speaker 2: that she didn't get into that world. It seems like 407 00:21:22,200 --> 00:21:25,840 Speaker 2: a bit of an odd duck to me. Yeah, Russell Brand, 408 00:21:26,000 --> 00:21:29,920 Speaker 2: clever fella, and I had one more that I wanted 409 00:21:29,960 --> 00:21:32,119 Speaker 2: to do before. But anyway, so we'll go this before 410 00:21:32,119 --> 00:21:33,960 Speaker 2: we get into some of the real stuff. We got 411 00:21:33,960 --> 00:21:36,560 Speaker 2: this text. You know, the tariff thing is the biggest 412 00:21:36,600 --> 00:21:40,960 Speaker 2: story maybe in the world right now, I think definitely. So, yeah, 413 00:21:41,320 --> 00:21:43,040 Speaker 2: we got this text. I got out of the market 414 00:21:43,040 --> 00:21:45,800 Speaker 2: in nineteen ninety nine because all the market turbulence. I 415 00:21:45,800 --> 00:21:48,480 Speaker 2: don't care about it all that you morons in the market. 416 00:21:48,560 --> 00:21:53,680 Speaker 2: Ha wow, I don't think we need to explain who 417 00:21:53,800 --> 00:21:54,760 Speaker 2: the moron is here. 418 00:21:55,080 --> 00:21:58,520 Speaker 1: God, you'd be so much richer, Oh my gosh, Like 419 00:21:58,560 --> 00:22:01,159 Speaker 1: what how many times how many multiples of what you 420 00:22:01,240 --> 00:22:03,760 Speaker 1: have would you have now if you just stayed in like, 421 00:22:04,119 --> 00:22:06,480 Speaker 1: you know, the average of the market? Wow? 422 00:22:08,000 --> 00:22:14,880 Speaker 2: Wow, Okay, anyway, yeah, China, Apple stock went down one 423 00:22:15,000 --> 00:22:17,439 Speaker 2: day in two thousand and one, so I dumped it, 424 00:22:17,960 --> 00:22:23,679 Speaker 2: thank goodness. Speaking of that, I don't know if Apple's 425 00:22:23,720 --> 00:22:26,320 Speaker 2: exaggerating or not, but they say it would cost at 426 00:22:26,400 --> 00:22:29,199 Speaker 2: least one thousand dollars more for your iPhone if they 427 00:22:29,240 --> 00:22:31,200 Speaker 2: made him here in the United States. Wait a minute, 428 00:22:31,760 --> 00:22:35,240 Speaker 2: and you know they they made him in the United States. Yeah, yeah, 429 00:22:35,280 --> 00:22:38,359 Speaker 2: but well that's the state. One of the stated goals 430 00:22:38,359 --> 00:22:40,720 Speaker 2: of the Trump administration is to move that sort of 431 00:22:40,800 --> 00:22:44,040 Speaker 2: manufacturing slash assembly back here, which is just not realistic 432 00:22:44,040 --> 00:22:44,639 Speaker 2: for a lot of stuff. 433 00:22:44,640 --> 00:22:46,080 Speaker 1: I think they said it could even triple. 434 00:22:47,640 --> 00:22:49,720 Speaker 2: I think I feel you know, I'm sure it would 435 00:22:49,720 --> 00:22:53,960 Speaker 2: go up, but you know, market forces still apply. So 436 00:22:54,160 --> 00:22:56,879 Speaker 2: you'd get into the what are willing people willing to 437 00:22:56,920 --> 00:23:00,240 Speaker 2: pay Apples what the second most valuable company in the world, 438 00:23:00,320 --> 00:23:02,800 Speaker 2: they might have to make less profit on phones and 439 00:23:02,920 --> 00:23:05,879 Speaker 2: lower their price and cut into I don't know, but 440 00:23:06,160 --> 00:23:08,000 Speaker 2: I don't think you can do the straight math on 441 00:23:08,040 --> 00:23:11,520 Speaker 2: what employees would cost and assume that that's what would 442 00:23:11,560 --> 00:23:13,800 Speaker 2: be the cost of the phone, right, which is indirectly 443 00:23:13,840 --> 00:23:15,560 Speaker 2: one of the reasons it's so difficult to talk about 444 00:23:15,560 --> 00:23:19,240 Speaker 2: the tariff thing intelligently because every effect has half a 445 00:23:19,240 --> 00:23:22,960 Speaker 2: dozen after effects, each of which yield half a dozen each. 446 00:23:23,840 --> 00:23:26,960 Speaker 2: You know that's too many inches, But you know what 447 00:23:27,000 --> 00:23:29,359 Speaker 2: I'm saying. It's just that there's an outward rippling of 448 00:23:29,359 --> 00:23:32,680 Speaker 2: effects and reactions. China has announced they're slapping the United 449 00:23:32,720 --> 00:23:38,040 Speaker 2: States with thirty four percent tariffs you commy devils starting today. 450 00:23:38,160 --> 00:23:41,640 Speaker 2: So my eight pair of socks that costs three dollars 451 00:23:41,800 --> 00:23:46,400 Speaker 2: is going to cost four dollars, bastard. 452 00:23:47,280 --> 00:23:48,520 Speaker 1: I don't know. I don't know how that's going to 453 00:23:48,600 --> 00:23:48,960 Speaker 1: turn out. 454 00:23:49,359 --> 00:23:55,320 Speaker 2: I really don't either. I'm a little a little skeptical 455 00:23:56,720 --> 00:24:00,359 Speaker 2: Wall Street Journal. So my where I think the political 456 00:24:00,440 --> 00:24:04,680 Speaker 2: damage is going to kick in is if inflation goes up. 457 00:24:04,960 --> 00:24:09,560 Speaker 2: Because I heard an argument yesterday on why I'm wrong, 458 00:24:09,600 --> 00:24:11,399 Speaker 2: But I'll go with what I think first before I 459 00:24:11,400 --> 00:24:14,320 Speaker 2: get to the argument why it might be wrong. I 460 00:24:14,359 --> 00:24:17,120 Speaker 2: think the one thing we all understand now coming out 461 00:24:17,280 --> 00:24:21,960 Speaker 2: of a COVID and the Biden administration is inflation and 462 00:24:22,320 --> 00:24:26,000 Speaker 2: what that does over time, and we all have such 463 00:24:26,000 --> 00:24:28,239 Speaker 2: a recent memory of that and everything like that, and 464 00:24:28,280 --> 00:24:30,359 Speaker 2: so like the Wall Street Journal has got Americans rushing 465 00:24:30,440 --> 00:24:33,520 Speaker 2: to buy TVs, soy sauce, Lululemon workout gear, et cetera. 466 00:24:34,040 --> 00:24:36,879 Speaker 2: I love that headline, rushing to buy soy sauce. How 467 00:24:36,960 --> 00:24:39,040 Speaker 2: much does soy sauce cost? And how much do you 468 00:24:39,119 --> 00:24:41,760 Speaker 2: go through? I don't know about you. I really like 469 00:24:41,800 --> 00:24:44,800 Speaker 2: Asian food. I use soy sauce. I like sushi. I've 470 00:24:44,800 --> 00:24:47,080 Speaker 2: probably had the same bottle since two thousand and six 471 00:24:47,119 --> 00:24:51,399 Speaker 2: and it will last me until I'm dead. It'll certainly lost 472 00:24:51,480 --> 00:24:54,920 Speaker 2: you a little while a bottle of soy sauce. Yes, 473 00:24:55,400 --> 00:24:57,159 Speaker 2: my wife and I cook a lot of sturfry, so 474 00:24:57,160 --> 00:25:00,080 Speaker 2: we filled our garage full of it. That's good. You 475 00:25:00,200 --> 00:25:02,880 Speaker 2: are to soy sauce what Diddy was to baby oil. 476 00:25:04,359 --> 00:25:07,879 Speaker 2: But as we all remember, inflation, a lot of it 477 00:25:07,920 --> 00:25:10,440 Speaker 2: is emotional. If you think things are gonna go up, 478 00:25:10,960 --> 00:25:13,959 Speaker 2: you buy a few extra of them now, which drives 479 00:25:13,960 --> 00:25:16,800 Speaker 2: a price up, which makes the news, which makes people 480 00:25:16,880 --> 00:25:18,359 Speaker 2: think I need to buy more of it now. 481 00:25:18,560 --> 00:25:20,120 Speaker 1: And it's just it's hard to break out of that. 482 00:25:20,560 --> 00:25:25,520 Speaker 2: And if that happens, that's what's gonna be politically damaging. 483 00:25:25,560 --> 00:25:28,920 Speaker 2: I think, I really don't think inflation is the main concern. 484 00:25:29,040 --> 00:25:29,840 Speaker 1: I think it's. 485 00:25:31,240 --> 00:25:34,679 Speaker 2: Recession and layoffs, lots and lots of layoffs, not on 486 00:25:34,880 --> 00:25:39,760 Speaker 2: shoring somehow in like a year or two. I mean, 487 00:25:40,560 --> 00:25:43,680 Speaker 2: all of the big beautiful industries coming back to America. 488 00:25:43,840 --> 00:25:48,080 Speaker 2: That would take years, and in the interim there's not 489 00:25:48,080 --> 00:25:50,720 Speaker 2: gonna be a little pain. There's gonna be a hell 490 00:25:50,760 --> 00:25:54,840 Speaker 2: of a lot of pain. Again for complicated economic reasons, 491 00:25:54,880 --> 00:25:58,120 Speaker 2: the way imports affect exports and vice versa, how economic 492 00:25:58,119 --> 00:25:59,439 Speaker 2: growth is slowed by tariffs. 493 00:25:59,480 --> 00:26:03,720 Speaker 1: It's been proved over and over again. I just I'm 494 00:26:03,760 --> 00:26:05,280 Speaker 1: really worried about this. Man. 495 00:26:05,359 --> 00:26:09,879 Speaker 2: If inflation hits, which is what I'm worried about, God, 496 00:26:09,960 --> 00:26:12,119 Speaker 2: what an argument for the Democrats. 497 00:26:11,560 --> 00:26:15,520 Speaker 1: Going into the mid terms. Uh. 498 00:26:15,560 --> 00:26:18,800 Speaker 2: Anyway, the counter to the whole inflation thing, partially is 499 00:26:19,680 --> 00:26:24,640 Speaker 2: that people won't react that negatively because we've lived through 500 00:26:24,680 --> 00:26:28,960 Speaker 2: it so recently. It's not like the Boogeyman from the seventies. 501 00:26:29,000 --> 00:26:32,119 Speaker 2: It's the Boogeyman from year before last, and it's not 502 00:26:32,200 --> 00:26:33,959 Speaker 2: quite as scary. So I don't know how people are 503 00:26:33,960 --> 00:26:35,119 Speaker 2: gonna emotionally react to this. 504 00:26:35,680 --> 00:26:36,880 Speaker 1: I'm your boogieyman. 505 00:26:37,400 --> 00:26:40,520 Speaker 2: Yeah, that's what I am speaking a boogeyman from the 506 00:26:40,520 --> 00:26:43,320 Speaker 2: seventies Casey in the Sunshine Banner Mine hear in a 507 00:26:43,320 --> 00:26:45,640 Speaker 2: little It's a Friday, Michael, isn't it good lyrics? Hey 508 00:26:45,680 --> 00:26:52,479 Speaker 2: word baby baby? Let's get together you and you and 509 00:26:52,520 --> 00:26:54,919 Speaker 2: me or me and you money, you and me, you 510 00:26:55,040 --> 00:26:55,280 Speaker 2: and me. 511 00:26:55,560 --> 00:26:57,320 Speaker 1: Yeah, yeah, that's good, some good stuff. 512 00:26:58,440 --> 00:27:02,160 Speaker 2: Do the things we like to do, or that's get 513 00:27:02,160 --> 00:27:04,320 Speaker 2: down tonight. He was really dancing around the fact that 514 00:27:04,359 --> 00:27:06,040 Speaker 2: we're gonna have sex all night long. But he couldn't 515 00:27:06,080 --> 00:27:09,240 Speaker 2: just say it back then. Right, he's doing rap songs now, right, 516 00:27:10,320 --> 00:27:13,800 Speaker 2: it was art, you know, little art. I'm gonna blank you. 517 00:27:13,880 --> 00:27:17,680 Speaker 2: That's not art. I'm gonna love you until I can't 518 00:27:17,720 --> 00:27:24,520 Speaker 2: get enough what I worn't from our friends. That's what'd 519 00:27:24,520 --> 00:27:28,560 Speaker 2: you say, Michael. Simply safe, Simply save home security. You 520 00:27:28,600 --> 00:27:30,199 Speaker 2: may be spending more time away from the house and 521 00:27:30,200 --> 00:27:33,639 Speaker 2: giving burglars more opportunities to strike because it's summertime or 522 00:27:33,720 --> 00:27:36,119 Speaker 2: soon will be in. The days are longer, and FBI 523 00:27:36,160 --> 00:27:39,480 Speaker 2: crime data shows more breakings happen during daylight when you're 524 00:27:39,600 --> 00:27:41,800 Speaker 2: out than under the kind of classic cloak of night. 525 00:27:42,000 --> 00:27:42,760 Speaker 1: That is interesting. 526 00:27:42,760 --> 00:27:44,600 Speaker 2: In it that we mostly think a nighttime, but it's 527 00:27:44,640 --> 00:27:46,600 Speaker 2: now you drive away from work and during the day, 528 00:27:46,640 --> 00:27:49,639 Speaker 2: and your neighbors are gone too. That's why I like no, 529 00:27:49,760 --> 00:27:51,359 Speaker 2: and I got to sign by the door. Hey, you 530 00:27:51,480 --> 00:27:54,080 Speaker 2: got cameras around here. Got the active guard protection of 531 00:27:54,160 --> 00:27:58,399 Speaker 2: Simply Safe. Authorities will be called right away if they 532 00:27:58,400 --> 00:28:00,399 Speaker 2: see you ooching around outside. And this is with a 533 00:28:00,440 --> 00:28:02,760 Speaker 2: no long term contract or cancelation fees and about a 534 00:28:02,800 --> 00:28:05,719 Speaker 2: dollar a day. Yeah, the active guard outdoor protection prevents 535 00:28:05,760 --> 00:28:09,760 Speaker 2: break ins before they happen. You got the agent's jack 536 00:28:09,880 --> 00:28:12,280 Speaker 2: mentioned and the cameras, and if somebody's lurking around, the 537 00:28:12,320 --> 00:28:14,320 Speaker 2: agents can even see and talk to them in real 538 00:28:14,359 --> 00:28:18,720 Speaker 2: time and call the coppers. Simply safe dot com slash armstrong. 539 00:28:18,920 --> 00:28:21,560 Speaker 2: All of these great monitoring plans start affordably around a 540 00:28:21,600 --> 00:28:23,960 Speaker 2: dollar a day. You can get fifty percent off a 541 00:28:24,000 --> 00:28:26,720 Speaker 2: new system with professional monitoring. Get your first month free 542 00:28:26,960 --> 00:28:29,800 Speaker 2: at simply safe dot com, slash armstrong, simply safe dot 543 00:28:29,800 --> 00:28:30,720 Speaker 2: com slash armstrong. 544 00:28:30,880 --> 00:28:33,040 Speaker 1: There's no safe like simply Safe. 545 00:28:33,920 --> 00:28:36,240 Speaker 2: What a Nike shoe would cost if it wasn't sown 546 00:28:36,320 --> 00:28:39,680 Speaker 2: by children in some far off land. I don't know, 547 00:28:40,120 --> 00:28:42,400 Speaker 2: I don't know. I did this one question. So we 548 00:28:42,480 --> 00:28:45,600 Speaker 2: got some questions answered yesterday that I was asking. I 549 00:28:45,600 --> 00:28:49,080 Speaker 2: still haven't heard this one. Why Why did it work 550 00:28:49,280 --> 00:28:51,880 Speaker 2: for Levi's to be made and converse to be made 551 00:28:51,880 --> 00:28:54,120 Speaker 2: in the United States? Up until the mid nineties it 552 00:28:54,160 --> 00:28:56,920 Speaker 2: was a profitable business. Did something change on the world lands? 553 00:28:57,160 --> 00:29:01,960 Speaker 2: Giant cultural change from I will save and buy it 554 00:29:02,040 --> 00:29:06,840 Speaker 2: when I can to instant gratification and uh and I 555 00:29:06,960 --> 00:29:08,200 Speaker 2: will borrow the money. 556 00:29:09,000 --> 00:29:12,760 Speaker 1: And accepting horrible quality. Apparently yeah in some cases. 557 00:29:12,800 --> 00:29:14,320 Speaker 2: Well, and you have to if you're going to have 558 00:29:14,320 --> 00:29:17,920 Speaker 2: that instant gratification society, that the two have to go together. 559 00:29:18,480 --> 00:29:22,400 Speaker 2: Otherwise you'd spend yourself into financial oblivion, you know, quickly. 560 00:29:24,640 --> 00:29:27,120 Speaker 2: And I'm not judging anybody. It's a bad idea. I 561 00:29:28,000 --> 00:29:32,040 Speaker 2: resist that temptation myself all the time. It's just it's 562 00:29:32,080 --> 00:29:35,760 Speaker 2: not good. It's from the Bible to you know, every 563 00:29:35,800 --> 00:29:40,560 Speaker 2: financial counselor worth is weight in dollar bills from Dave 564 00:29:40,680 --> 00:29:45,360 Speaker 2: Ramsey on. You know, anybody you ask save and buy 565 00:29:45,360 --> 00:29:47,440 Speaker 2: stuff when you have the money. But we don't do that. 566 00:29:48,680 --> 00:29:50,760 Speaker 2: Mail bag on the way a little more news and 567 00:29:50,800 --> 00:29:53,880 Speaker 2: news will be unfolding throughout the day as this is 568 00:29:54,160 --> 00:29:56,800 Speaker 2: the biggest story in the world. Really stay here text 569 00:29:56,800 --> 00:29:59,280 Speaker 2: line four one five two nine kftc. 570 00:30:00,320 --> 00:30:03,000 Speaker 1: Arm shot power two. 571 00:30:03,040 --> 00:30:05,800 Speaker 2: We have three historians on to discuss the smoot Holly 572 00:30:05,920 --> 00:30:07,880 Speaker 2: Teriff Act of the early twentieth century. 573 00:30:09,400 --> 00:30:14,000 Speaker 1: Good on your Friday, it's another smoot Holly Friday. 574 00:30:14,480 --> 00:30:16,760 Speaker 2: Here's your freedom loving quotes of the day from William 575 00:30:16,800 --> 00:30:18,760 Speaker 2: McKinley to Donald J. 576 00:30:18,880 --> 00:30:19,640 Speaker 1: Trump Admers. 577 00:30:19,680 --> 00:30:22,480 Speaker 2: I am a tariff man standing on a tariff platform, 578 00:30:22,520 --> 00:30:23,240 Speaker 2: said McKinley. 579 00:30:24,360 --> 00:30:26,520 Speaker 1: Lasted for a couple of years. It was disastrous. 580 00:30:26,760 --> 00:30:29,280 Speaker 2: There were some to them, and the Republicans lost the 581 00:30:29,320 --> 00:30:32,000 Speaker 2: House of Representatives for sixty years, right, something like that. 582 00:30:33,520 --> 00:30:36,040 Speaker 2: Not necessarily a cause and effect, but a bit of 583 00:30:36,080 --> 00:30:39,840 Speaker 2: a coincidence certainly. And I thought this was interesting. I 584 00:30:39,880 --> 00:30:42,520 Speaker 2: saw Thomas so well. So is he still alive and 585 00:30:42,560 --> 00:30:43,440 Speaker 2: actually saying things? 586 00:30:43,600 --> 00:30:43,719 Speaker 1: Oh? 587 00:30:43,800 --> 00:30:46,640 Speaker 2: Yes, So he was at ninety four or five or something. 588 00:30:46,720 --> 00:30:49,320 Speaker 2: He was commenting on the tariffs and mentioned McKinley. He's 589 00:30:49,480 --> 00:30:56,120 Speaker 2: freaking old muffed, but he he said, the depression was 590 00:30:56,160 --> 00:31:03,760 Speaker 2: caused at least as much by our tariff structure as 591 00:31:03,760 --> 00:31:07,360 Speaker 2: it was by the stock market crash. The terriff thing 592 00:31:07,520 --> 00:31:09,840 Speaker 2: caused the stock market correct so that was his take 593 00:31:09,880 --> 00:31:13,920 Speaker 2: on it yesterday. OI Conservative Thomas soul the great Uh 594 00:31:14,040 --> 00:31:15,280 Speaker 2: yeah uh. 595 00:31:15,480 --> 00:31:16,960 Speaker 1: What was the other thing I was gonna say was 596 00:31:17,000 --> 00:31:18,280 Speaker 1: that it. 597 00:31:18,160 --> 00:31:21,600 Speaker 2: Was a oh and then you know FDR interceding and 598 00:31:21,720 --> 00:31:24,520 Speaker 2: price fixing and the rest of it prevented a recovery 599 00:31:24,520 --> 00:31:25,080 Speaker 2: for years. 600 00:31:24,880 --> 00:31:25,600 Speaker 1: And years and years. 601 00:31:26,000 --> 00:31:27,920 Speaker 2: So oh, the other McKinley quote I wanted to throw 602 00:31:27,960 --> 00:31:30,440 Speaker 2: out there, he said, I have never been in doubt 603 00:31:30,480 --> 00:31:32,960 Speaker 2: since I was old enough to think intelligently that I 604 00:31:33,000 --> 00:31:34,760 Speaker 2: would someday be made president. 605 00:31:35,640 --> 00:31:37,320 Speaker 1: Wow, that's something, and that's what a lot of people 606 00:31:37,360 --> 00:31:39,400 Speaker 1: who end up president are that way. Yeah, it is 607 00:31:39,400 --> 00:31:43,880 Speaker 1: a certain yeah. Ah. 608 00:31:43,920 --> 00:31:45,560 Speaker 2: I'm tempted to go off on a tangent, but I 609 00:31:45,560 --> 00:31:48,760 Speaker 2: won't mail bag, So no mail bag at Armstrong and 610 00:31:48,840 --> 00:31:53,200 Speaker 2: Geddy dot com. Mike Wrights, Katie's corner is fantastic. 611 00:31:53,840 --> 00:31:54,760 Speaker 1: That's it, with a K. 612 00:31:55,320 --> 00:31:57,960 Speaker 2: Katie's Corner at Armstrong and Geddy dot Com. A lot 613 00:31:57,960 --> 00:32:00,640 Speaker 2: of great stuff there. The hot links article, some videos 614 00:32:00,640 --> 00:32:03,480 Speaker 2: we talked about are there. You get some ang swag 615 00:32:03,520 --> 00:32:05,640 Speaker 2: drop his Notebooder, I have not seen it, but it's 616 00:32:05,640 --> 00:32:09,560 Speaker 2: only because I've never looked at our website. Nice job 617 00:32:10,120 --> 00:32:14,720 Speaker 2: moving along, Nick and Arizona rights well shields up Jack 618 00:32:14,800 --> 00:32:18,640 Speaker 2: showing his liberal side hatred of others by mocking star Trek. 619 00:32:18,440 --> 00:32:19,080 Speaker 1: Was bad enough. 620 00:32:19,560 --> 00:32:25,080 Speaker 2: What Katie, Oh, beautiful Katie, you hurt my heart. A 621 00:32:25,160 --> 00:32:31,120 Speaker 2: proud geek standing up for good writing regardless of genre. Okay, sorry, 622 00:32:31,840 --> 00:32:35,400 Speaker 2: a couple of philistines. I work with anti star trekers 623 00:32:35,640 --> 00:32:38,640 Speaker 2: and believe it. This is one of the brainier emails 624 00:32:38,680 --> 00:32:41,640 Speaker 2: we've ever gotten from a gent who calls himself Turlock Holmes. 625 00:32:41,840 --> 00:32:49,840 Speaker 2: It's a central California joke. Deer Rubes, Oh, his title 626 00:32:49,920 --> 00:32:54,640 Speaker 2: is Calvinism Kleine. Deer Rubes had to join two orphan 627 00:32:54,720 --> 00:32:58,080 Speaker 2: topics from yesterday's show, Ezra Cline's musings about how people 628 00:32:58,080 --> 00:33:00,600 Speaker 2: didn't earn it and the broader progressive claimed that there 629 00:33:00,640 --> 00:33:03,240 Speaker 2: is no free will. Mind you, these aren't intellectual orphans. 630 00:33:03,280 --> 00:33:06,000 Speaker 2: They are conjoined twins in the same hollow narrative. As such, 631 00:33:06,080 --> 00:33:09,480 Speaker 2: modern progressivism is voiced by Klein and his choir of 632 00:33:09,520 --> 00:33:13,920 Speaker 2: credentialed fatalists is just Calvinism with a sociology degree, preaching 633 00:33:13,960 --> 00:33:17,040 Speaker 2: that merit is an illusion and free will of bourgeois myth. 634 00:33:17,560 --> 00:33:19,960 Speaker 2: This is the gospel of the new Claricy that is 635 00:33:20,000 --> 00:33:23,560 Speaker 2: a word I do not use. That the individual is powerless, 636 00:33:23,560 --> 00:33:27,160 Speaker 2: personal achievement is a mirage, and redemption lies not an effort, 637 00:33:27,200 --> 00:33:31,000 Speaker 2: but in obedience to the system. They've merely swapped God 638 00:33:31,040 --> 00:33:36,760 Speaker 2: for the system, sin for privilege, and grace for ideological compliance. 639 00:33:36,960 --> 00:33:39,960 Speaker 2: It's original sin in wooke clothing, where you're born guilty, 640 00:33:40,000 --> 00:33:42,560 Speaker 2: can't redeem yourself and must submit to the new priesthood. 641 00:33:43,040 --> 00:33:47,640 Speaker 2: Taken together, today's secular intelligencia are just recycling old theological frameworks, 642 00:33:47,680 --> 00:33:49,400 Speaker 2: only now without the cross or the collar. 643 00:33:49,520 --> 00:33:53,400 Speaker 1: It's enough to make Michaelangelo swear again. Wow. 644 00:33:53,520 --> 00:33:57,280 Speaker 2: So that is really well written, and a number of 645 00:33:57,320 --> 00:34:00,719 Speaker 2: people have pointed out the whole whether it's climate change, wokeism, 646 00:34:00,880 --> 00:34:03,160 Speaker 2: has so many of the hallmarks of that sort of thing, 647 00:34:03,200 --> 00:34:07,640 Speaker 2: because there are blasphemy laws. Yeah, they're blasphemy laws, like, 648 00:34:07,840 --> 00:34:12,000 Speaker 2: you know, you can't say all lives matter. You've blasphemed 649 00:34:12,040 --> 00:34:14,560 Speaker 2: and you need to be put to death. Yeah, or 650 00:34:14,600 --> 00:34:22,800 Speaker 2: certainly professionally. Yeah yeah, well, said another Jay in San Jose, California. Right, so, guys, Oh, 651 00:34:22,800 --> 00:34:28,319 Speaker 2: the topic of gene editing babies in general. In a 652 00:34:28,360 --> 00:34:30,600 Speaker 2: future where we can choose the traits of our unborn. 653 00:34:30,760 --> 00:34:33,840 Speaker 2: What will we do about genius? Wouldn't many parents want 654 00:34:34,000 --> 00:34:37,560 Speaker 2: genius for their child. Real genius often has a relationship 655 00:34:37,600 --> 00:34:40,880 Speaker 2: with insanity Teslav and go Hughes and many more. If 656 00:34:40,880 --> 00:34:43,160 Speaker 2: we genetically eliminate all of our defects, do we miss 657 00:34:43,160 --> 00:34:47,200 Speaker 2: an opportunity for something greater? Nature sends the occasional deformity 658 00:34:47,239 --> 00:34:50,920 Speaker 2: for a reason or what's the genetic term for a 659 00:34:51,000 --> 00:34:56,320 Speaker 2: deformity mutation? That's how we got here, after all, he says. 660 00:34:57,040 --> 00:34:59,680 Speaker 1: Ah, boy, I don't that's an interesting question. 661 00:34:59,760 --> 00:35:01,880 Speaker 2: If you I could choose for like I don't know 662 00:35:01,920 --> 00:35:05,160 Speaker 2: what level IQ, but like super high IQ, I think 663 00:35:05,160 --> 00:35:05,560 Speaker 2: i'd be. 664 00:35:05,520 --> 00:35:06,239 Speaker 1: A no on that. 665 00:35:07,360 --> 00:35:11,720 Speaker 2: Yes, we've observed through the years and having geniuses around, 666 00:35:12,080 --> 00:35:16,120 Speaker 2: be they Galileo or Elon Musk is really useful, it's great. 667 00:35:16,640 --> 00:35:21,200 Speaker 2: But genius is just another kind of his brain doesn't 668 00:35:21,239 --> 00:35:25,320 Speaker 2: work like other people's. And often you know somebody that crazy, 669 00:35:25,360 --> 00:35:28,440 Speaker 2: crazy smart is really alienated or unhappy. 670 00:35:28,600 --> 00:35:31,040 Speaker 1: Well yeah, yeah, it can make you miserable, but you 671 00:35:31,080 --> 00:35:32,160 Speaker 1: know that's that's a good one. 672 00:35:32,200 --> 00:35:34,279 Speaker 2: I wonder what percentage of people with an IQ over 673 00:35:34,360 --> 00:35:36,200 Speaker 2: and again, I don't know enough about the IQ scale, 674 00:35:36,200 --> 00:35:38,400 Speaker 2: but a high number one or what percentage of like 675 00:35:38,440 --> 00:35:42,719 Speaker 2: are successful and what percentage are miserable or kill themselves 676 00:35:42,800 --> 00:35:43,200 Speaker 2: or whatever? 677 00:35:43,640 --> 00:35:46,319 Speaker 1: It? Is it like ninety ten or is it fifty 678 00:35:46,360 --> 00:35:46,960 Speaker 1: to fifty. 679 00:35:47,080 --> 00:35:50,719 Speaker 2: Or is it like a random distribution. I don't know, 680 00:35:51,920 --> 00:35:54,360 Speaker 2: let's see. Oh yeah, probably ought to touch on this. 681 00:35:54,440 --> 00:35:56,560 Speaker 2: Steve from NAPA the first of many to write in 682 00:35:56,600 --> 00:35:59,960 Speaker 2: about Trump's misleading reciprocal tariff's chart. The way they form 683 00:36:00,000 --> 00:36:03,479 Speaker 2: emulated the quote unquote reciprocal tariffs was not the way 684 00:36:03,520 --> 00:36:07,120 Speaker 2: it seemed. We talked about it later in the show yesterday. 685 00:36:07,200 --> 00:36:09,800 Speaker 2: We can explain it again today. It's kind of a 686 00:36:09,840 --> 00:36:13,279 Speaker 2: complicated formula, and whether it's a good idea or not 687 00:36:13,440 --> 00:36:16,759 Speaker 2: is in the i of the beholder right now. Definitely disruptive, though. 688 00:36:16,880 --> 00:36:19,759 Speaker 2: I saw Jim Kramer going off on that MSNBC. Let's 689 00:36:19,800 --> 00:36:21,239 Speaker 2: stop using the word reciprocal. 690 00:36:21,320 --> 00:36:24,759 Speaker 1: It's misleading. We can get into more of that now 691 00:36:24,840 --> 00:36:25,160 Speaker 1: or two. 692 00:36:25,280 --> 00:36:25,719 Speaker 4: It's something 693 00:36:27,440 --> 00:36:28,600 Speaker 1: Armstrong and getty