1 00:00:06,040 --> 00:00:10,960 Speaker 1: Barack Obama sucks. Look, just stay with me here, because 2 00:00:11,280 --> 00:00:14,240 Speaker 1: Obamacare is in the news. It's in the news because 3 00:00:14,280 --> 00:00:17,960 Speaker 1: nobody can afford health insurance anymore. We actually just renewed 4 00:00:17,960 --> 00:00:20,239 Speaker 1: our health insurance, that annual thing you have to do, 5 00:00:20,400 --> 00:00:25,479 Speaker 1: and it's company insurance. Should be good. It's trash. It's 6 00:00:25,520 --> 00:00:28,280 Speaker 1: so expensive. Normal people can't afford health insurance. It's awful, 7 00:00:28,320 --> 00:00:31,000 Speaker 1: and it wasn't always that way. But that brings us 8 00:00:31,040 --> 00:00:35,200 Speaker 1: back to the man who authored the current health care crisis, 9 00:00:35,280 --> 00:00:38,400 Speaker 1: the crisis being you can't afford it. Barack Obama is 10 00:00:38,440 --> 00:00:43,720 Speaker 1: his name, Barack Obama, who's doing the podcast circuit lying 11 00:00:43,760 --> 00:00:44,440 Speaker 1: through his teeth. 12 00:00:46,240 --> 00:00:49,479 Speaker 2: We have blown through, just in the last six months, 13 00:00:49,720 --> 00:00:56,160 Speaker 2: a whole range of of not simply assumptions, but rules 14 00:00:56,240 --> 00:01:04,120 Speaker 2: and loss and practices that were put in place to 15 00:01:05,920 --> 00:01:13,959 Speaker 2: ensure that nobody's above the wall and that we don't 16 00:01:14,080 --> 00:01:19,480 Speaker 2: use the federal government to simply reward our friends and 17 00:01:20,600 --> 00:01:23,600 Speaker 2: punish our enemies, and the same things obviously happening in 18 00:01:23,640 --> 00:01:24,560 Speaker 2: the Justice Department. 19 00:01:26,480 --> 00:01:28,720 Speaker 1: Yeah, that's the guy who sent the FBI and CIA 20 00:01:28,840 --> 00:01:31,319 Speaker 1: after Donald Trump. Also, why does he sit like that? 21 00:01:31,760 --> 00:01:33,959 Speaker 1: No man should ever sit like that. It's so feminine. 22 00:01:34,000 --> 00:01:35,840 Speaker 1: It really bothers me. But we're not going to major 23 00:01:35,920 --> 00:01:38,080 Speaker 1: on that right now. I do want to remind you 24 00:01:38,120 --> 00:01:41,320 Speaker 1: about something just the poison that Barack Obama put in 25 00:01:41,360 --> 00:01:45,920 Speaker 1: the bloodstream of this country. Mass shootings, it's going to happen. 26 00:01:45,959 --> 00:01:48,760 Speaker 1: They're the worst thing in the world. Someone shoots up 27 00:01:48,800 --> 00:01:50,880 Speaker 1: the school, shoots up something. It's just the worst thing 28 00:01:50,880 --> 00:01:53,600 Speaker 1: in the world. We all hate it. But there's something 29 00:01:53,720 --> 00:01:56,640 Speaker 1: that happens today that maybe you just have baked in 30 00:01:56,680 --> 00:02:01,120 Speaker 1: the cake. That's something being democrats in the media, Democrat 31 00:02:01,240 --> 00:02:05,560 Speaker 1: politicians all over social media. They will immediately when a 32 00:02:05,640 --> 00:02:09,200 Speaker 1: mass shooting, honestly, while it's still happening, they will immediately 33 00:02:09,240 --> 00:02:12,680 Speaker 1: start gun grabbing immediately. You see it. I don't have 34 00:02:12,760 --> 00:02:14,800 Speaker 1: to repeat it. You've seen it over and over and 35 00:02:14,840 --> 00:02:18,840 Speaker 1: over again. But you should understand was not always this way. 36 00:02:19,440 --> 00:02:22,960 Speaker 1: For most of my life when I paid attention to politics, 37 00:02:23,400 --> 00:02:25,280 Speaker 1: that's not something that really happened. If there was a 38 00:02:25,360 --> 00:02:28,960 Speaker 1: terrible tragedy, a mass shooting of some kind, politicians would 39 00:02:28,960 --> 00:02:32,359 Speaker 1: normally be real stoic about the whole thing. Maybe get 40 00:02:32,400 --> 00:02:34,440 Speaker 1: up and give a speech. Hey, let's all come together, 41 00:02:34,480 --> 00:02:36,760 Speaker 1: we need to pray. That kind of a thing. So 42 00:02:37,840 --> 00:02:39,720 Speaker 1: why do they all do the opposite? Now, why do 43 00:02:39,800 --> 00:02:43,120 Speaker 1: they all stand on the dead bodies and immediately start 44 00:02:43,160 --> 00:02:46,040 Speaker 1: grabbing for your guns. Well, i'll tell you why, Barack 45 00:02:46,080 --> 00:02:46,839 Speaker 1: Obama's why. 46 00:02:48,600 --> 00:02:50,279 Speaker 2: It's not about politics. 47 00:02:57,200 --> 00:03:03,359 Speaker 3: This is about these families, families all across the country 48 00:03:04,200 --> 00:03:06,480 Speaker 3: who we're saying, let's make it a little harder. 49 00:03:07,840 --> 00:03:09,839 Speaker 4: For our kids to get gunned down. The fact that 50 00:03:09,840 --> 00:03:14,560 Speaker 4: that twenty six year olds were gunned down in the 51 00:03:14,600 --> 00:03:19,640 Speaker 4: most violent fashion possible and this town couldn't do anything 52 00:03:19,639 --> 00:03:25,600 Speaker 4: about it was stunning to me. And so the question 53 00:03:25,720 --> 00:03:29,359 Speaker 4: then becomes, what can we do about it? The only 54 00:03:29,400 --> 00:03:33,480 Speaker 4: thing that's going to change is public opinion. If public 55 00:03:33,520 --> 00:03:39,280 Speaker 4: opinion does not demand change in Congress, it will not change. 56 00:03:39,160 --> 00:03:42,760 Speaker 2: Each time we see one of these mass shootings. Our 57 00:03:42,800 --> 00:03:44,680 Speaker 2: thoughts and prayers are not enough. 58 00:03:48,200 --> 00:03:52,000 Speaker 1: He put that in the bloodstream of this country. Now 59 00:03:52,480 --> 00:03:56,160 Speaker 1: Democrats think it's normal. They all do it. A true 60 00:03:56,360 --> 00:04:00,640 Speaker 1: revolutionary who would never dream of just bringing thee together. 61 00:04:01,200 --> 00:04:04,800 Speaker 1: Everything was an opportunity to move the revolution forward. But 62 00:04:04,880 --> 00:04:09,800 Speaker 1: let's focus for a moment on his signature piece of legislation, Obamacare. 63 00:04:10,560 --> 00:04:13,680 Speaker 1: To our credit, we knew it was a disaster. The 64 00:04:13,800 --> 00:04:17,320 Speaker 1: right railed and railed and railed against Obamacare when he 65 00:04:17,400 --> 00:04:20,000 Speaker 1: was out there trying to sell it to America. And 66 00:04:20,080 --> 00:04:23,200 Speaker 1: of course we got this courtesy of maze More. They 67 00:04:23,279 --> 00:04:24,839 Speaker 1: lied through his teeth about the whole thing. 68 00:04:25,480 --> 00:04:29,640 Speaker 3: It will actually reduce the deficit by four trillion dollars 69 00:04:29,800 --> 00:04:33,159 Speaker 3: over the long term. Reducing the waste and inefficiency in 70 00:04:33,200 --> 00:04:36,280 Speaker 3: Medicare and Medicaid will pay for most of this plan. 71 00:04:36,560 --> 00:04:39,600 Speaker 3: It will slow the growth of healthcare costs for our families, 72 00:04:40,080 --> 00:04:43,080 Speaker 3: our businesses, and our government. There will be a provision 73 00:04:43,080 --> 00:04:45,400 Speaker 3: in this plan that requires us to come forward with 74 00:04:45,480 --> 00:04:54,000 Speaker 3: more spending cuts if the savings we promised don't materialize. 75 00:04:54,320 --> 00:04:57,279 Speaker 1: You can't afford health insurance because Barack Obama and the 76 00:04:57,360 --> 00:05:03,680 Speaker 1: Democrats pasted Obamacare. Insurance companies raking in record profits. Mind 77 00:05:03,680 --> 00:05:07,240 Speaker 1: when companies make profits, but you can't afford health insurance. 78 00:05:07,279 --> 00:05:11,960 Speaker 1: Insurance companies have record profits. And now we're stuck with this. 79 00:05:12,040 --> 00:05:15,640 Speaker 1: And I'm sorry, I can't help but think about all 80 00:05:15,800 --> 00:05:20,680 Speaker 1: those Republicans who ran for office, House and Senate and 81 00:05:20,839 --> 00:05:24,080 Speaker 1: President promising that they would repeal it. We will repeal it, 82 00:05:24,120 --> 00:05:26,880 Speaker 1: we'll repeal it, we'll repeal it. In fact, while Democrats 83 00:05:26,920 --> 00:05:30,919 Speaker 1: while Barack Obama was president, Democrats had control, right they 84 00:05:30,960 --> 00:05:34,960 Speaker 1: could veto things. Republicans in a House of Representatives voted 85 00:05:35,040 --> 00:05:38,680 Speaker 1: seven times to repeal Obamacare when they knew Barack Obama 86 00:05:38,720 --> 00:05:42,159 Speaker 1: would of course strike that down. Then after Donald Trump 87 00:05:42,200 --> 00:05:44,560 Speaker 1: won in twenty sixteen, we had the House, we had 88 00:05:44,600 --> 00:05:48,280 Speaker 1: the Senate, we had the presidency, they failed to appeal Obamacare. 89 00:05:48,680 --> 00:05:53,080 Speaker 1: Now we are in this awful situation where people can't 90 00:05:53,080 --> 00:05:57,839 Speaker 1: afford healthcare. They can't afford health insurance because the GOP 91 00:05:58,000 --> 00:06:02,520 Speaker 1: never repealed it because Democrats past it. Now Trump's out 92 00:06:02,520 --> 00:06:04,200 Speaker 1: there saying things like this. 93 00:06:04,880 --> 00:06:07,719 Speaker 5: Well, I watched Obama from when this thing came about. 94 00:06:07,880 --> 00:06:10,200 Speaker 5: As you know, I have posted verse wrongly. Unfortunately, we 95 00:06:10,279 --> 00:06:13,640 Speaker 5: had a couple of negative votes, which should never have happened. 96 00:06:14,040 --> 00:06:15,560 Speaker 5: But I said it's going to be a disaster, and 97 00:06:15,640 --> 00:06:18,200 Speaker 5: I was exactly right that the premiums have gone up 98 00:06:18,240 --> 00:06:20,440 Speaker 5: like rocket ships. And I'm not just talking about recently. 99 00:06:20,440 --> 00:06:23,000 Speaker 5: I'm talking about for years. They've been going up. And 100 00:06:23,040 --> 00:06:25,800 Speaker 5: he said premiums will go down, everything will be wonderful. 101 00:06:25,800 --> 00:06:28,719 Speaker 5: It's horrible health insurance at a very high priced and 102 00:06:28,800 --> 00:06:30,919 Speaker 5: what I want, and probably what you're alluding to is 103 00:06:30,960 --> 00:06:32,640 Speaker 5: the fact that I want instead of going to the 104 00:06:32,680 --> 00:06:34,880 Speaker 5: insurance companies, I want the money to go into an 105 00:06:34,920 --> 00:06:37,840 Speaker 5: account for people with the people by their own health insurance. 106 00:06:37,920 --> 00:06:43,000 Speaker 5: It's so good, the insurance will be better, it'll cost less. 107 00:06:43,440 --> 00:06:45,359 Speaker 5: Everybody's going to be happy. They're going to feel like 108 00:06:45,560 --> 00:06:48,280 Speaker 5: entrepreneurs are actually able to go out and negotiate their 109 00:06:48,320 --> 00:06:50,960 Speaker 5: own health insurance and they can use it only for 110 00:06:51,040 --> 00:06:54,400 Speaker 5: that reason, that's only for that purpose. And if we 111 00:06:54,480 --> 00:06:57,960 Speaker 5: did that, that would be so exciting. Call it trump Care, 112 00:06:58,160 --> 00:07:00,680 Speaker 5: call it whatever you want to call it, but anything 113 00:07:00,720 --> 00:07:04,000 Speaker 5: but Obamacare. Obamacare is a disaster, just like he was 114 00:07:04,040 --> 00:07:04,839 Speaker 5: as a president. 115 00:07:06,480 --> 00:07:10,960 Speaker 1: Okay, sounds good. Mike Johnson's out there saying things. 116 00:07:10,720 --> 00:07:16,280 Speaker 6: Like this, we are subsidizing very wealthy insurance companies. That 117 00:07:16,400 --> 00:07:19,200 Speaker 6: is not helping costs go down. It's driving premiums up 118 00:07:19,240 --> 00:07:22,920 Speaker 6: even higher. So Republicans want to fix the broken system. 119 00:07:22,960 --> 00:07:25,640 Speaker 6: We don't want to throw good money at a broken 120 00:07:25,720 --> 00:07:29,440 Speaker 6: and failing system. And the Unaffordable Care Act has been 121 00:07:29,480 --> 00:07:31,920 Speaker 6: that since it was signed out, a law passed by 122 00:07:31,920 --> 00:07:34,560 Speaker 6: the Democrats alone back in twenty ten. We've got to 123 00:07:34,800 --> 00:07:36,880 Speaker 6: we've got to reduce the cost of health care and 124 00:07:36,920 --> 00:07:38,760 Speaker 6: the cost of living, by the way, and Republicans are 125 00:07:38,800 --> 00:07:40,000 Speaker 6: the ones that have the ideas to do that. 126 00:07:41,800 --> 00:07:46,120 Speaker 1: Okay, that's good, we have ideas. Do we really, though, 127 00:07:47,160 --> 00:07:51,600 Speaker 1: are we gonna do something? Because I'm sorry, I've walked 128 00:07:51,600 --> 00:07:54,440 Speaker 1: down this road for too long. We're gonna repeal it. 129 00:07:54,440 --> 00:07:56,560 Speaker 1: We're gonna repeal it. We're going to repeal and replace it. 130 00:07:57,160 --> 00:07:59,880 Speaker 1: You say you have ideas, Scott Pssent didn't sound quite 131 00:07:59,880 --> 00:08:00,520 Speaker 1: as confident. 132 00:08:01,480 --> 00:08:03,960 Speaker 7: Presidents also come forward with a new proposal overnight saying 133 00:08:03,960 --> 00:08:06,760 Speaker 7: it's time instead to do away with Obamacare Instaid to 134 00:08:06,800 --> 00:08:08,960 Speaker 7: have the money go directly to the people. Do you 135 00:08:09,000 --> 00:08:11,000 Speaker 7: have a formal proposal to do that? 136 00:08:11,840 --> 00:08:13,640 Speaker 1: We don't have a formal proposal. 137 00:08:13,720 --> 00:08:16,480 Speaker 8: But you know, what I have noticed over time is 138 00:08:16,720 --> 00:08:19,680 Speaker 8: do Democrats give all these ability or welling in names 139 00:08:19,720 --> 00:08:23,240 Speaker 8: the Affordable Care Act the Inflation Reduction Act, and we 140 00:08:23,400 --> 00:08:26,560 Speaker 8: end up with just the opposite. You know, the Affordable 141 00:08:26,640 --> 00:08:31,720 Speaker 8: Care Act has become unaffordable and the Inflation Reduction Act 142 00:08:31,760 --> 00:08:34,920 Speaker 8: set off the greatest inflation in fifty years. 143 00:08:35,600 --> 00:08:37,760 Speaker 7: Well, I'm a little confused because the President in posting 144 00:08:37,760 --> 00:08:40,520 Speaker 7: about that overnight and into this morning, but you're not 145 00:08:40,559 --> 00:08:42,280 Speaker 7: proposing that to the Senate right now. 146 00:08:42,920 --> 00:08:45,160 Speaker 8: We're not proposing it to the Senate right now. 147 00:08:48,320 --> 00:08:53,920 Speaker 1: All right, Look, we need we need to do something. 148 00:08:54,760 --> 00:08:56,120 Speaker 1: We have the House, we have the Senate, we have 149 00:08:56,160 --> 00:08:58,679 Speaker 1: the presidency. I understand there are limits on what laws 150 00:08:58,720 --> 00:09:01,000 Speaker 1: we can get through the Senate don't have sixty votes. 151 00:09:01,040 --> 00:09:04,600 Speaker 1: I understand that, but it's been too long and right 152 00:09:04,600 --> 00:09:07,760 Speaker 1: now what's happening is people are sticker shocked beyond belief 153 00:09:07,960 --> 00:09:12,160 Speaker 1: for their health insurance. And Republicans need to put forward 154 00:09:12,240 --> 00:09:16,920 Speaker 1: concrete proposals, a law even that will help, that will 155 00:09:16,920 --> 00:09:19,559 Speaker 1: get the government out of it. And if we do not, 156 00:09:20,080 --> 00:09:22,440 Speaker 1: you know what's going to happen. Not for you or me, 157 00:09:22,520 --> 00:09:24,520 Speaker 1: but you know what's going to happen. The normies out there, 158 00:09:25,080 --> 00:09:27,240 Speaker 1: They're going to look to Democrats who will promise to 159 00:09:27,280 --> 00:09:31,120 Speaker 1: give them more money. They will. We have to do something, 160 00:09:32,000 --> 00:09:36,640 Speaker 1: get something done. But hey, it is the GOP after all. 161 00:09:37,520 --> 00:09:40,319 Speaker 1: Gut health. You never hear that term, Now, what about 162 00:09:40,320 --> 00:09:44,160 Speaker 1: your gut health? I always mocked it, to be honest 163 00:09:44,200 --> 00:09:47,800 Speaker 1: with you, But that's because my stomach, for almost all 164 00:09:47,840 --> 00:09:52,560 Speaker 1: of my life, can handle anything. Jalapenos. It doesn't matter. 165 00:09:52,600 --> 00:09:55,640 Speaker 1: My stomach can handle anything. But you notice something when 166 00:09:55,679 --> 00:09:57,960 Speaker 1: you turn forty four that you didn't notice when you 167 00:09:58,040 --> 00:10:01,720 Speaker 1: turn twenty four. There are limits. Now, what do you 168 00:10:01,800 --> 00:10:04,439 Speaker 1: do to make sure your gut is in good health? 169 00:10:05,080 --> 00:10:09,079 Speaker 1: Colostrum Cowboy Colostrum. Someone told me it's a must if 170 00:10:09,080 --> 00:10:11,280 Speaker 1: you want your gut to feel good. It's a must. Okay. 171 00:10:11,320 --> 00:10:14,800 Speaker 1: I decided to try it. Wow, and it's delicious. I 172 00:10:15,000 --> 00:10:17,360 Speaker 1: have the chocolate kind. I put two scoops in my 173 00:10:17,440 --> 00:10:21,600 Speaker 1: coffee every single morning. I have chocolate coffee Delicious. My 174 00:10:21,679 --> 00:10:26,559 Speaker 1: gut feels good. Go get some Cowboy colostrum for your 175 00:10:26,600 --> 00:10:34,000 Speaker 1: gut health. Go to cowboycolostrum dot com, slash jessetv. We'll 176 00:10:34,040 --> 00:10:34,400 Speaker 1: be back. 177 00:10:44,800 --> 00:10:49,480 Speaker 3: We will keep this promise to the American people. If 178 00:10:49,520 --> 00:10:52,199 Speaker 3: you like your doctor, you will be able to keep 179 00:10:52,240 --> 00:10:55,959 Speaker 3: your doctor period. If you like your healthcare plan, you 180 00:10:55,960 --> 00:10:59,080 Speaker 3: will be able to keep your health care plan period. 181 00:10:59,120 --> 00:11:02,600 Speaker 3: If you like your or healthcare plan, you can keep it. 182 00:11:02,720 --> 00:11:05,720 Speaker 3: Nothing in this plan will require you or your employer 183 00:11:06,040 --> 00:11:07,880 Speaker 3: to change the coverage of the doctor you have. The 184 00:11:07,920 --> 00:11:11,160 Speaker 3: only change you'll see are falling costs as our reforms 185 00:11:11,320 --> 00:11:14,680 Speaker 3: take hold. If you like your healthcare system and your doctor, 186 00:11:16,160 --> 00:11:19,360 Speaker 3: the only thing reform will mean to you is your 187 00:11:19,400 --> 00:11:22,400 Speaker 3: healthcare will cost less. I will not sign a plan 188 00:11:22,640 --> 00:11:26,559 Speaker 3: that adds one dime to our deficits, either now or. 189 00:11:26,520 --> 00:11:27,120 Speaker 1: In the future. 190 00:11:27,240 --> 00:11:31,480 Speaker 2: It is a cost that will not, I repeat, will 191 00:11:31,480 --> 00:11:33,360 Speaker 2: not add to. 192 00:11:33,280 --> 00:11:36,160 Speaker 3: Our deficits, will eliminate waste, fraud, and abuse in our 193 00:11:36,160 --> 00:11:39,319 Speaker 3: healthcare system, but will also take on key causes of 194 00:11:39,400 --> 00:11:43,120 Speaker 3: rising costs, saving billions while providing better care to the 195 00:11:43,160 --> 00:11:43,920 Speaker 3: American people. 196 00:11:46,240 --> 00:11:48,480 Speaker 1: Well, that was all a freakin' lie. Thanks to Tom 197 00:11:48,480 --> 00:11:51,040 Speaker 1: Elliott at Graviyan for all that. By the way, Joining 198 00:11:51,040 --> 00:11:54,000 Speaker 1: me now the great doctor Aaron Carriotte, author of the 199 00:11:54,040 --> 00:11:58,840 Speaker 1: book Making the Cut Doctor. People, especially younger people, they 200 00:11:58,840 --> 00:12:02,760 Speaker 1: don't even remember what healthcare was like before Obamacare. I 201 00:12:02,800 --> 00:12:05,640 Speaker 1: remember going to a family doctor and he actually talked 202 00:12:05,679 --> 00:12:08,400 Speaker 1: to me instead of facing the computer the entire time. 203 00:12:08,520 --> 00:12:11,959 Speaker 1: What was healthcare like back in the day, That's right. 204 00:12:12,000 --> 00:12:15,120 Speaker 9: And I think the folks who were around when Obama 205 00:12:15,240 --> 00:12:17,920 Speaker 9: was saying those things and believed him, perhaps voted for him, 206 00:12:17,920 --> 00:12:22,160 Speaker 9: perhaps supported the so called Affordable Care Act, I would 207 00:12:22,240 --> 00:12:24,839 Speaker 9: imagine can't help watching a clip like that and putting 208 00:12:24,920 --> 00:12:29,760 Speaker 9: their face in their palm and thinking, well, no, none 209 00:12:29,800 --> 00:12:30,440 Speaker 9: of that turned. 210 00:12:30,200 --> 00:12:30,680 Speaker 1: Out to be true. 211 00:12:30,679 --> 00:12:33,000 Speaker 9: In fact, the exact opposite turned out to be true. 212 00:12:33,320 --> 00:12:36,800 Speaker 9: I didn't keep my doctor, my health insurance premiums went up, 213 00:12:37,600 --> 00:12:41,840 Speaker 9: we didn't cut out the bureaucratic middleman. Those administrative costs 214 00:12:41,840 --> 00:12:44,720 Speaker 9: and healthcare of only ballooned, and I'm getting care that 215 00:12:44,800 --> 00:12:47,680 Speaker 9: feels much less personalized. So yes, there was a time 216 00:12:48,080 --> 00:12:50,160 Speaker 9: when you'd go to the physician and instead of staring 217 00:12:50,200 --> 00:12:53,559 Speaker 9: at a computer screen and checking boxes and asking questions 218 00:12:53,559 --> 00:12:55,720 Speaker 9: that had very little to do with your chief complaint 219 00:12:55,760 --> 00:13:00,000 Speaker 9: that were in fact dictated by outside forces, by managing 220 00:13:00,040 --> 00:13:03,160 Speaker 9: aerialist forces, whether those were coming from Medicare and Medicaid 221 00:13:03,200 --> 00:13:07,160 Speaker 9: at the federal level or enormous corporate conglomerates that had 222 00:13:07,200 --> 00:13:10,679 Speaker 9: swallowed up the local hospital or the local healthcare clinic. 223 00:13:11,800 --> 00:13:15,959 Speaker 9: People had personal relationships with their physicians not that long ago. 224 00:13:16,840 --> 00:13:18,760 Speaker 1: Their physicians looked. 225 00:13:18,440 --> 00:13:21,920 Speaker 9: At them, examined them, asked them questions about the thing 226 00:13:22,000 --> 00:13:25,560 Speaker 9: that they brought in to get help with. And all 227 00:13:25,600 --> 00:13:28,000 Speaker 9: of that, unfortunately has gone out the window, and doctors 228 00:13:28,000 --> 00:13:31,680 Speaker 9: are frustrated. Doctors are leaving medicine or retiring early in 229 00:13:31,760 --> 00:13:34,040 Speaker 9: droves that have stats on this. In the opening chapter 230 00:13:34,640 --> 00:13:38,760 Speaker 9: of the New Abnormal, patients are clearly unsatisfied with the 231 00:13:38,800 --> 00:13:44,680 Speaker 9: current status quo. So those promises were made, obviously failed 232 00:13:44,679 --> 00:13:47,840 Speaker 9: to deliver on those promises, and now we're left with 233 00:13:47,880 --> 00:13:52,560 Speaker 9: a system in which the bloat of the middleman has 234 00:13:52,679 --> 00:13:57,040 Speaker 9: grown to enormous proportions. In fact, if you take all 235 00:13:57,080 --> 00:13:59,800 Speaker 9: the people in medicine that have some face to face 236 00:14:00,360 --> 00:14:04,720 Speaker 9: with patients, doctors, nurses, X ray technicians, the front office staff, 237 00:14:04,760 --> 00:14:08,040 Speaker 9: anyone who looks at patient in the face and says hello, 238 00:14:08,559 --> 00:14:10,559 Speaker 9: and then you take all the people in the healthcare 239 00:14:10,600 --> 00:14:14,120 Speaker 9: bureaucracy that never have any FaceTime, any face to face 240 00:14:14,160 --> 00:14:18,680 Speaker 9: contact with the patient. However, brief, the latter category currently 241 00:14:18,760 --> 00:14:21,480 Speaker 9: has more people than the former category. So we have 242 00:14:21,600 --> 00:14:28,120 Speaker 9: this whole layer of unseen bureaucracy in healthcare that's enormously expensive, 243 00:14:28,320 --> 00:14:31,680 Speaker 9: and so we need to find ways to cut out 244 00:14:32,160 --> 00:14:35,480 Speaker 9: the middleman, the middleman that's working for the hospital compliance 245 00:14:35,520 --> 00:14:40,160 Speaker 9: office that's fighting with Medicare regarding reimbursement, the middleman at 246 00:14:40,160 --> 00:14:43,280 Speaker 9: Medicare who's fighting with your hospital compliance office behind the 247 00:14:43,280 --> 00:14:47,480 Speaker 9: scenes about reimbursement, and all the people who are not 248 00:14:47,800 --> 00:14:52,800 Speaker 9: actually contributing to patient care that are just driving up costs. 249 00:14:52,840 --> 00:14:56,960 Speaker 9: We need to find ways to decentralize our health. 250 00:14:56,720 --> 00:14:58,640 Speaker 1: Care system. 251 00:14:59,400 --> 00:15:05,000 Speaker 9: With federal dollars, that always comes with strings attached. We 252 00:15:05,080 --> 00:15:08,720 Speaker 9: know that, right, And so whenever you get the federal 253 00:15:08,760 --> 00:15:11,120 Speaker 9: government too involved in healthcare, and I'm not saying we 254 00:15:11,200 --> 00:15:14,400 Speaker 9: can't have it, shouldn't have any federal regulation in healthcare. 255 00:15:14,480 --> 00:15:17,480 Speaker 9: But healthcare really falls to the states to regulate, and 256 00:15:17,480 --> 00:15:19,880 Speaker 9: the federal government's role should be minimal. 257 00:15:21,200 --> 00:15:22,560 Speaker 1: And I think we can. 258 00:15:22,360 --> 00:15:25,400 Speaker 9: Find ways to deliver more affordable care. In the closing 259 00:15:25,480 --> 00:15:28,320 Speaker 9: chapters of The New Abnormal, I talk about some models 260 00:15:28,320 --> 00:15:31,280 Speaker 9: that are out there of direct primary care, of cooperative 261 00:15:32,080 --> 00:15:36,320 Speaker 9: programs that are competing now with health insurance programs, able 262 00:15:36,360 --> 00:15:40,840 Speaker 9: to negotiate prices directly with physicians and providers, and do 263 00:15:40,880 --> 00:15:44,280 Speaker 9: all kinds of things creative things to cut out the middleman. 264 00:15:44,400 --> 00:15:49,960 Speaker 9: But that requires enough deregulation that we give doctors and 265 00:15:50,080 --> 00:15:54,840 Speaker 9: small scale, localized healthcare systems room to maneuver and room 266 00:15:54,920 --> 00:15:58,440 Speaker 9: to be able to operate without being swallowed up by 267 00:15:58,480 --> 00:16:02,320 Speaker 9: the federal bureaucracy, without being swallowed up by the giant 268 00:16:02,320 --> 00:16:07,680 Speaker 9: corporate conglomerates that are currently monopolizing healthcare in the United States. 269 00:16:09,520 --> 00:16:13,120 Speaker 1: Doctor does do these proposals, you lay out in your 270 00:16:13,120 --> 00:16:17,680 Speaker 1: book and you abnormal do these proposals? Are they possible 271 00:16:17,720 --> 00:16:21,200 Speaker 1: to do while Obamacare is still in existence? And I 272 00:16:21,280 --> 00:16:24,080 Speaker 1: ask that because I have no faith that the GOP 273 00:16:24,280 --> 00:16:26,480 Speaker 1: is actually going to be able to repeal the freaking thing. 274 00:16:26,840 --> 00:16:29,600 Speaker 1: Can we do these things while still under the burden 275 00:16:29,640 --> 00:16:32,200 Speaker 1: of Obamacare? Is what I want to know. We can 276 00:16:32,280 --> 00:16:32,960 Speaker 1: to some extent. 277 00:16:33,040 --> 00:16:35,480 Speaker 9: In fact, some of them are already being done in 278 00:16:35,520 --> 00:16:39,560 Speaker 9: certain states and in certain regions, so there are creative workarounds. 279 00:16:40,800 --> 00:16:44,960 Speaker 9: These bureaucratic hurdles do not make that easy, but it's 280 00:16:45,000 --> 00:16:48,600 Speaker 9: not impossible. We need what the Czech dissidence of the 281 00:16:48,680 --> 00:16:54,200 Speaker 9: nineteen seventies called a parallel polis, basically parallel medical institutions 282 00:16:54,200 --> 00:16:58,360 Speaker 9: that sort of opt out of the current system. And look, 283 00:16:58,360 --> 00:17:01,680 Speaker 9: if the federal government decided to target anyone or another 284 00:17:01,840 --> 00:17:04,960 Speaker 9: of those small scale initiatives, they could certainly crush it. 285 00:17:05,080 --> 00:17:08,479 Speaker 9: If the corporate conglomerates decided to target these initiatives, they 286 00:17:08,480 --> 00:17:11,120 Speaker 9: could swallow them up and put them out of business. 287 00:17:11,520 --> 00:17:15,840 Speaker 9: But the idea of these Soviet dissidents living in the 288 00:17:15,840 --> 00:17:18,840 Speaker 9: Czech Republic in the nineteen seventies vak clabjavel vac Clab 289 00:17:18,880 --> 00:17:21,919 Speaker 9: benda others who wrote about this was that you create 290 00:17:22,000 --> 00:17:24,880 Speaker 9: so many of these that it's impossible to stomp them 291 00:17:24,960 --> 00:17:27,399 Speaker 9: all out, so anyone or another of them could be 292 00:17:27,440 --> 00:17:31,399 Speaker 9: targeted for elimination by the great beast. But if you 293 00:17:31,440 --> 00:17:35,239 Speaker 9: have enough of them, basically eventually they start competing with 294 00:17:35,320 --> 00:17:39,600 Speaker 9: the mainstream institutions. They circle back and start influencing those 295 00:17:39,640 --> 00:17:43,600 Speaker 9: mainstream institutions because they grow, you know, significant enough that 296 00:17:43,640 --> 00:17:46,720 Speaker 9: you can't ignore them anymore. I think a good analogy 297 00:17:46,880 --> 00:17:49,720 Speaker 9: for what we need in medicine is actually the homeschooling movement, 298 00:17:49,840 --> 00:17:52,560 Speaker 9: which started fifty years ago in the nineteen seventies, and 299 00:17:52,640 --> 00:17:55,919 Speaker 9: basically you were working outside the system, and back in 300 00:17:55,960 --> 00:17:58,480 Speaker 9: the day, you know, don't tell the neighbors that were 301 00:17:58,480 --> 00:18:01,920 Speaker 9: homeschooling our own kids that were taking responsibility for their education, 302 00:18:02,480 --> 00:18:05,840 Speaker 9: because they may call child Protective Services and literally have 303 00:18:05,960 --> 00:18:09,600 Speaker 9: us put in jail. But for decades, homeschoolers realize, no, 304 00:18:09,680 --> 00:18:12,480 Speaker 9: we can actually educate our children better than the public 305 00:18:12,480 --> 00:18:15,200 Speaker 9: school system, and we can prove that by winning the 306 00:18:15,240 --> 00:18:19,600 Speaker 9: spelling Bees and getting our kids into prestigious colleges and 307 00:18:19,640 --> 00:18:20,400 Speaker 9: doing a better. 308 00:18:20,280 --> 00:18:21,000 Speaker 1: Job than others. 309 00:18:21,080 --> 00:18:23,879 Speaker 9: Well, doctors are starting to prove that they can deliver 310 00:18:24,200 --> 00:18:28,320 Speaker 9: better and more affordable healthcare if they're just left alone 311 00:18:28,720 --> 00:18:32,000 Speaker 9: to do that, and so it's hard right now. It's 312 00:18:32,040 --> 00:18:34,760 Speaker 9: sort of analogous to the way the pioneers of the 313 00:18:34,800 --> 00:18:39,600 Speaker 9: homeschooling movement we're operating in the nineteen seventies. But I 314 00:18:39,600 --> 00:18:42,960 Speaker 9: would like to see those parallel medical institutions grow in 315 00:18:43,080 --> 00:18:48,640 Speaker 9: scope and in influence. And basically today homeschooling is now 316 00:18:48,680 --> 00:18:52,280 Speaker 9: not only mainstreamed and permitted in all fifty states, but 317 00:18:52,359 --> 00:18:55,560 Speaker 9: it has circled back and influenced the charter school movement 318 00:18:55,640 --> 00:18:58,480 Speaker 9: and to some extent even the public schools who now 319 00:18:58,480 --> 00:19:02,320 Speaker 9: have to sort of compete with other people that are, 320 00:19:02,520 --> 00:19:05,119 Speaker 9: you know, doing things better in many respects. It doesn't 321 00:19:05,160 --> 00:19:08,560 Speaker 9: mean that every experiment in homeschooling succeeded, just like every 322 00:19:08,600 --> 00:19:13,520 Speaker 9: experiment in creating new small scale healthcare delivery systems is 323 00:19:13,560 --> 00:19:16,440 Speaker 9: not going to succeed. But we have to let those 324 00:19:16,640 --> 00:19:19,439 Speaker 9: flowers bloom. We have to see which models work and 325 00:19:19,480 --> 00:19:22,520 Speaker 9: which don't work. Maybe there's going to be regional variations, 326 00:19:22,560 --> 00:19:24,720 Speaker 9: which which is why you need to allow for some 327 00:19:24,800 --> 00:19:29,320 Speaker 9: degree of localized control. So moving away from a centralized 328 00:19:29,359 --> 00:19:34,200 Speaker 9: bureaucracy toward a more decentralized system. You know, if Republicans 329 00:19:34,359 --> 00:19:39,160 Speaker 9: can do little things around the edges with deregulation and 330 00:19:39,240 --> 00:19:42,040 Speaker 9: with dialing back a little bit of the top down control, 331 00:19:42,560 --> 00:19:46,720 Speaker 9: I think creative doctors and patient advocacy groups and so 332 00:19:46,800 --> 00:19:49,479 Speaker 9: forth at the local level will have a little bit 333 00:19:49,480 --> 00:19:52,520 Speaker 9: more elbow room to start maneuvering and you'll start seeing 334 00:19:53,040 --> 00:19:55,040 Speaker 9: some creative solutions happening. 335 00:19:57,320 --> 00:20:02,119 Speaker 1: Doctor concierge medicine and something I've looked into myself, and 336 00:20:02,520 --> 00:20:04,240 Speaker 1: I feel like it's something a lot of people are 337 00:20:04,240 --> 00:20:07,520 Speaker 1: going to want. But it's so expensive, now, do you 338 00:20:07,600 --> 00:20:12,479 Speaker 1: that'sarily that becoming bigger and more affordable for normal people. 339 00:20:13,320 --> 00:20:14,960 Speaker 1: So it is growing. 340 00:20:15,040 --> 00:20:18,080 Speaker 9: Certainly it's physicians like it much better and patients who 341 00:20:18,119 --> 00:20:20,399 Speaker 9: can afford it like it much better. But as you 342 00:20:20,480 --> 00:20:23,320 Speaker 9: just pointed out, the challenge is that it's very expensive, 343 00:20:23,359 --> 00:20:25,639 Speaker 9: so it's going to be out of reach for most 344 00:20:25,760 --> 00:20:30,200 Speaker 9: ordinary Americans. But there's a model known as direct primary care, 345 00:20:30,320 --> 00:20:35,119 Speaker 9: which is sort of concierge like, but it's available for everyone, 346 00:20:35,160 --> 00:20:38,919 Speaker 9: and it involves physicians sort of taking control over small 347 00:20:39,400 --> 00:20:43,119 Speaker 9: group practices and cutting out the insurance company and dealing 348 00:20:43,440 --> 00:20:48,399 Speaker 9: directly with a pool of patients. Who basically subscribe to 349 00:20:48,440 --> 00:20:53,520 Speaker 9: their services in order to get healthcare that is more affordable, 350 00:20:53,600 --> 00:20:56,760 Speaker 9: precisely because it cuts out the middleman. And I think 351 00:20:56,840 --> 00:21:00,800 Speaker 9: some of those models of direct primary care analogous to 352 00:21:00,840 --> 00:21:06,000 Speaker 9: concierge medicine, but they're proving to be economically sustainable and 353 00:21:06,080 --> 00:21:10,680 Speaker 9: more affordable for a larger number of patients who's healthcare 354 00:21:10,720 --> 00:21:15,280 Speaker 9: premiums if they're paying for private insurance, have just gone 355 00:21:15,280 --> 00:21:17,760 Speaker 9: through the roof in recent years, as all of us 356 00:21:17,760 --> 00:21:21,720 Speaker 9: have probably experienced trying to even if we're employed and 357 00:21:21,760 --> 00:21:25,000 Speaker 9: our employer pays for part of our premiums, a big 358 00:21:25,080 --> 00:21:28,520 Speaker 9: chunk of our private healthcare insurance, what comes out of 359 00:21:28,520 --> 00:21:32,720 Speaker 9: our pocket to get decent insurance is often ridiculously expensive 360 00:21:33,160 --> 00:21:37,080 Speaker 9: for ordinary American families. So I'm not saying that direct 361 00:21:37,080 --> 00:21:39,159 Speaker 9: primary care is going to be the answer to everything, 362 00:21:39,160 --> 00:21:41,399 Speaker 9: but it's one of the models that I discuss at 363 00:21:41,440 --> 00:21:44,520 Speaker 9: the end of making the cut that's starting to gain traction, 364 00:21:44,880 --> 00:21:47,480 Speaker 9: and in many cases it's proving to be viable. 365 00:21:49,640 --> 00:21:54,200 Speaker 1: Doctor. Thank you, as always, I appreciate it. Your cell phone, 366 00:21:54,800 --> 00:22:00,800 Speaker 1: specifically the company you use, is it Verizon? Do you 367 00:22:01,080 --> 00:22:04,640 Speaker 1: remember Arctic frost? This huge investigation going on right now. 368 00:22:05,080 --> 00:22:08,159 Speaker 1: Remember what all these senators came out and said, Horizon 369 00:22:08,240 --> 00:22:10,720 Speaker 1: just flat out handed over all their data, no must, 370 00:22:10,800 --> 00:22:15,080 Speaker 1: no fuss, just grabbed it and worked with the cheka immediately. 371 00:22:15,960 --> 00:22:19,120 Speaker 1: Do you have one of these big Solace mobile companies 372 00:22:19,119 --> 00:22:21,480 Speaker 1: that hate your guts, that would turn you into the 373 00:22:21,480 --> 00:22:24,400 Speaker 1: Feds and a heartbeat, why don't you switch to pure Talk. 374 00:22:24,840 --> 00:22:27,560 Speaker 1: You'll save a fortune. You're not going to sacrifice everything. 375 00:22:27,640 --> 00:22:32,680 Speaker 1: They're on the same towers. Switch to Puretalk. Veteran led 376 00:22:33,119 --> 00:22:36,320 Speaker 1: right now, they're giving rescue dogs to vets with PTSD. 377 00:22:36,520 --> 00:22:40,680 Speaker 1: That's my cell phone company. Go to Puretalk dot com 378 00:22:40,760 --> 00:22:55,000 Speaker 1: slash JESSETV. We'll be back all right. Well, there's very 379 00:22:55,040 --> 00:22:58,480 Speaker 1: clearly a shift that's happening now and you're going to 380 00:22:58,520 --> 00:23:01,880 Speaker 1: see it happening in the coming days. A shift from 381 00:23:01,880 --> 00:23:05,680 Speaker 1: the Trump administration focusing on a lot of foreign affairs, 382 00:23:05,720 --> 00:23:08,560 Speaker 1: which they've been you know, Ukraine and trade deals and 383 00:23:08,600 --> 00:23:12,600 Speaker 1: things like that, to domestic. They have heard the domestic 384 00:23:13,680 --> 00:23:16,520 Speaker 1: displeasure with the economy, and it seems like they're going 385 00:23:16,600 --> 00:23:19,200 Speaker 1: to focus on that. Joining me now, Carol Roth, two 386 00:23:19,280 --> 00:23:24,159 Speaker 1: time best selling author recovering former investment banker Okay Carol 387 00:23:24,440 --> 00:23:28,399 Speaker 1: the administration is going to focus domestically. Some of that 388 00:23:28,480 --> 00:23:30,480 Speaker 1: might be good, some of that might be bad. What 389 00:23:30,600 --> 00:23:32,439 Speaker 1: kind of things are they tossing out there? What is 390 00:23:32,480 --> 00:23:33,520 Speaker 1: this dividend? What? 391 00:23:35,359 --> 00:23:37,320 Speaker 10: Well, first of all, I've got three letters for you. 392 00:23:37,480 --> 00:23:40,320 Speaker 10: T YS told you so I knew this was going 393 00:23:40,400 --> 00:23:43,560 Speaker 10: to be happened. We talked about the choreography of focusing 394 00:23:43,640 --> 00:23:47,679 Speaker 10: on affordability because that is the reason that President Trump 395 00:23:47,800 --> 00:23:50,600 Speaker 10: was put into office. It was the number one thing 396 00:23:50,640 --> 00:23:53,920 Speaker 10: that people were concerned about. So I give the administration 397 00:23:54,160 --> 00:23:57,280 Speaker 10: props for now, you know, starting to home in on this. 398 00:23:57,640 --> 00:24:00,520 Speaker 10: The challenge is that some of the ideas are coming 399 00:24:00,560 --> 00:24:02,320 Speaker 10: out are a little nutty, so we're going to need 400 00:24:02,359 --> 00:24:05,720 Speaker 10: to work through them and hopefully twist it and change 401 00:24:05,760 --> 00:24:10,080 Speaker 10: things around. On the tariff front, we know that the 402 00:24:10,160 --> 00:24:12,760 Speaker 10: tariffs are in front of the Supreme Court right now, 403 00:24:13,200 --> 00:24:15,960 Speaker 10: and I think to try and drum up, you know, 404 00:24:16,000 --> 00:24:19,520 Speaker 10: more support on the President's side. He is now throwing 405 00:24:19,680 --> 00:24:25,080 Speaker 10: out the idea of stimulus checks basically two thousand dollars 406 00:24:25,119 --> 00:24:30,160 Speaker 10: tariff freebates whatnot. Although Scott Bessant, the Treasury Secretary, has 407 00:24:30,280 --> 00:24:34,960 Speaker 10: walked that back. They're floating ideas like fifty year mortgages 408 00:24:35,680 --> 00:24:38,520 Speaker 10: to you know, keep you indebted to the bank forever. 409 00:24:38,640 --> 00:24:40,280 Speaker 10: I mean you might as well at this point have 410 00:24:40,400 --> 00:24:42,560 Speaker 10: two hundred dollars mortgages and just you know, keep it 411 00:24:42,600 --> 00:24:45,600 Speaker 10: in the family for a few generations. So some of 412 00:24:45,640 --> 00:24:49,080 Speaker 10: these ideas are a little wacky, but you know, we 413 00:24:49,119 --> 00:24:51,320 Speaker 10: want to be positive, we want to be optimistic, and 414 00:24:51,359 --> 00:24:54,480 Speaker 10: we want to be problem solvers. So we want to say, hey, 415 00:24:54,640 --> 00:24:56,400 Speaker 10: you know, here are the ways we can approach these 416 00:24:56,440 --> 00:25:00,040 Speaker 10: things you're talking about and make them better. On the 417 00:25:00,119 --> 00:25:04,000 Speaker 10: tariff fronts, I think the biggest gift that Scotus could 418 00:25:04,000 --> 00:25:07,560 Speaker 10: give the President is by striking down the tariffs but 419 00:25:07,840 --> 00:25:13,159 Speaker 10: also making them basically proactive but not reactive in terms 420 00:25:13,200 --> 00:25:17,040 Speaker 10: of you know, their non application refunding is going to 421 00:25:17,080 --> 00:25:19,000 Speaker 10: be a big issue, even though it's money that they 422 00:25:19,000 --> 00:25:21,040 Speaker 10: shouldn't have gotten and a lot of people will want 423 00:25:21,080 --> 00:25:23,760 Speaker 10: that back. From a purely you know, gift to the 424 00:25:23,760 --> 00:25:26,720 Speaker 10: president's standpoint saying you know, we're drawing a line on 425 00:25:26,760 --> 00:25:29,119 Speaker 10: the stand it will be a boon to the market, 426 00:25:29,160 --> 00:25:31,639 Speaker 10: it'll be a boon to the economy. And if the 427 00:25:31,680 --> 00:25:34,880 Speaker 10: President is able to let that go and refocus, then 428 00:25:34,920 --> 00:25:37,639 Speaker 10: he can start focusing on some of the different options 429 00:25:37,680 --> 00:25:40,680 Speaker 10: for affordability in lots of different categories. 430 00:25:42,320 --> 00:25:45,360 Speaker 1: Okay, you know, we'll come back to the affordability thing. 431 00:25:45,440 --> 00:25:47,800 Speaker 1: I want you to expand a little bit on how 432 00:25:47,840 --> 00:25:51,280 Speaker 1: does this help us if the Supreme Court strikes down 433 00:25:51,480 --> 00:25:55,000 Speaker 1: some tariff stuff, how does this translate into things being 434 00:25:55,000 --> 00:25:56,600 Speaker 1: more affordable for normal people? 435 00:25:57,680 --> 00:25:59,520 Speaker 10: Well, the tariffs are attacks. 436 00:25:59,680 --> 00:25:59,800 Speaker 9: You know. 437 00:25:59,840 --> 00:26:02,320 Speaker 10: You can call it a licensing fee, you can call 438 00:26:02,359 --> 00:26:05,600 Speaker 10: it an extra fee, but ultimately it's extra money that 439 00:26:05,760 --> 00:26:09,080 Speaker 10: is paid by businesses and then ultimately consumers that's going 440 00:26:09,080 --> 00:26:12,240 Speaker 10: to the government. So in my world, that is a tax, 441 00:26:12,560 --> 00:26:15,000 Speaker 10: and having more taxes is a bad thing, which I 442 00:26:15,000 --> 00:26:17,159 Speaker 10: think most of us can agree to. So if we 443 00:26:17,240 --> 00:26:19,920 Speaker 10: can get rid of the tariffs, if we can say, 444 00:26:20,000 --> 00:26:23,560 Speaker 10: you know, that is not in an emergency power that 445 00:26:24,040 --> 00:26:26,800 Speaker 10: you know, it doesn't match up with emergency powers these 446 00:26:26,840 --> 00:26:30,159 Speaker 10: tariffs that he is undertaking, then I think that is 447 00:26:30,200 --> 00:26:32,919 Speaker 10: a good thing because people won't have that extra cost, 448 00:26:33,320 --> 00:26:37,200 Speaker 10: businesses will have more certainty, the market will have more 449 00:26:37,240 --> 00:26:41,160 Speaker 10: certainty on policy, and it will allow the Trump administration, 450 00:26:41,440 --> 00:26:45,160 Speaker 10: instead of focusing on this relentlessly, to focus in other 451 00:26:45,240 --> 00:26:48,200 Speaker 10: areas which are desperately needed. So I think that's going 452 00:26:48,240 --> 00:26:50,680 Speaker 10: to be a benefit all around. 453 00:26:50,880 --> 00:26:51,080 Speaker 5: Now. 454 00:26:51,160 --> 00:26:53,679 Speaker 10: Certainly, even if they strike them down, he could just 455 00:26:53,760 --> 00:26:56,399 Speaker 10: you know, dig in and he could take his proposals 456 00:26:56,400 --> 00:26:58,960 Speaker 10: to Congress and try to get them to put those 457 00:26:58,960 --> 00:27:02,199 Speaker 10: into law. But if you if that path opens up, 458 00:27:02,800 --> 00:27:06,119 Speaker 10: if the Supreme Court offers the gift, I hope somebody says, 459 00:27:06,440 --> 00:27:09,400 Speaker 10: please take the gift. 460 00:27:10,240 --> 00:27:14,400 Speaker 1: Okay, let's focus on affordability here. And I understand that 461 00:27:14,480 --> 00:27:18,800 Speaker 1: we have decades and decades and decades of idiotic fiscal 462 00:27:18,880 --> 00:27:22,520 Speaker 1: policy that has made us It's made how's it unaffordable? 463 00:27:22,640 --> 00:27:25,200 Speaker 1: Just focus on that portion of it. And so look, 464 00:27:25,200 --> 00:27:29,120 Speaker 1: if you're a populis president, you can throw out ideas 465 00:27:29,160 --> 00:27:32,199 Speaker 1: like fifty year mortgage all you want. Much as I 466 00:27:32,280 --> 00:27:36,840 Speaker 1: hate that idea, it doesn't fix any of the foundational problems. 467 00:27:36,880 --> 00:27:40,280 Speaker 1: Do you sense the administration is at all focused on 468 00:27:40,400 --> 00:27:44,960 Speaker 1: the foundational problems that make life unaffordable for younger people? 469 00:27:46,200 --> 00:27:46,600 Speaker 10: I hope. 470 00:27:46,640 --> 00:27:46,800 Speaker 3: So. 471 00:27:46,880 --> 00:27:50,280 Speaker 10: I think that when many of us spoke out and said, 472 00:27:50,359 --> 00:27:54,240 Speaker 10: you know, fifty year mortgages doesn't fix the affordability issue, 473 00:27:54,440 --> 00:27:56,479 Speaker 10: is just basically monetizing it. 474 00:27:57,480 --> 00:27:57,679 Speaker 5: You know. 475 00:27:57,720 --> 00:27:59,639 Speaker 10: I think that some of the people involved in the 476 00:27:59,720 --> 00:28:03,520 Speaker 10: ministration picked up on other ideas that have been floated. 477 00:28:03,600 --> 00:28:06,280 Speaker 10: I've floated ideas. I think I've talked to you about 478 00:28:06,280 --> 00:28:11,480 Speaker 10: some of them before, like making mortgages assumable and portable, 479 00:28:11,640 --> 00:28:14,320 Speaker 10: and so some folks in the administration have said that 480 00:28:14,400 --> 00:28:17,679 Speaker 10: they are considering that as well. So that gives me 481 00:28:18,520 --> 00:28:22,280 Speaker 10: at least a moment of optimism to say, Okay, this 482 00:28:22,440 --> 00:28:25,000 Speaker 10: is not the only thing that they're going to consider, 483 00:28:25,280 --> 00:28:27,680 Speaker 10: and this is the first trial balloon that they're floating. 484 00:28:27,760 --> 00:28:29,960 Speaker 10: I think that one's sort of gone over more like 485 00:28:29,960 --> 00:28:33,359 Speaker 10: a lad balloon. But hopefully they will get involved in 486 00:28:33,400 --> 00:28:35,560 Speaker 10: some of the things that they can. There are certain 487 00:28:35,640 --> 00:28:38,680 Speaker 10: things that they won't be able to get directly involved, 488 00:28:38,720 --> 00:28:42,000 Speaker 10: you know, things like zoning issues at the local level. 489 00:28:42,400 --> 00:28:45,320 Speaker 10: But by the President using his platform to shine a 490 00:28:45,400 --> 00:28:47,959 Speaker 10: light on them, I do think he can create that 491 00:28:48,080 --> 00:28:52,160 Speaker 10: kind of pressure and then help people sort of double 492 00:28:52,280 --> 00:28:54,560 Speaker 10: down on that pressure to do what needs to be 493 00:28:54,600 --> 00:28:57,880 Speaker 10: done at the local and state level while he's doing 494 00:28:57,880 --> 00:28:59,640 Speaker 10: the things he can do at the federal level. 495 00:29:01,520 --> 00:29:07,080 Speaker 1: Carol, what do we think about this meat packing collusion? 496 00:29:07,120 --> 00:29:10,600 Speaker 1: What did he call it? Illicit collusion and price fixing? 497 00:29:10,680 --> 00:29:13,560 Speaker 1: This is something that Trump administration has spoken out about. 498 00:29:13,960 --> 00:29:16,920 Speaker 1: I understand there is a beef shortage in the country. 499 00:29:16,920 --> 00:29:18,880 Speaker 1: Anyone who's tried to buy a t bone at the 500 00:29:18,880 --> 00:29:21,720 Speaker 1: grocery store is well aware that there is a beef 501 00:29:21,720 --> 00:29:23,840 Speaker 1: shortage of some kind in the country. What is going on? 502 00:29:25,120 --> 00:29:27,800 Speaker 10: Yes, well, obviously I am not a rancher and I 503 00:29:27,840 --> 00:29:30,760 Speaker 10: don't even play one, and a great drama on television, 504 00:29:30,960 --> 00:29:34,680 Speaker 10: but obviously there are issues. And you know, it's interesting 505 00:29:34,720 --> 00:29:37,720 Speaker 10: how politicians, you know, even the President, tend to go 506 00:29:38,120 --> 00:29:41,720 Speaker 10: to big bad corporations and collusion and price fixing, and 507 00:29:41,800 --> 00:29:45,160 Speaker 10: if that's happening, they should absolutely stop that. But where 508 00:29:45,160 --> 00:29:48,280 Speaker 10: they never go, where I think they should go is 509 00:29:48,320 --> 00:29:53,000 Speaker 10: the deregulation and helping the smaller players in the industry. 510 00:29:53,360 --> 00:29:56,240 Speaker 10: I've heard from many people, you know, whether it's related 511 00:29:56,280 --> 00:29:59,680 Speaker 10: to ranching or farming, that there are restrictions that make 512 00:29:59,720 --> 00:30:03,040 Speaker 10: it har harder for them to do business, and we 513 00:30:03,080 --> 00:30:05,920 Speaker 10: should be making it as easy as possible for them 514 00:30:05,960 --> 00:30:08,800 Speaker 10: to do business and to feed the country. And so, 515 00:30:09,160 --> 00:30:11,440 Speaker 10: going back to one of the tenants that they ran 516 00:30:11,520 --> 00:30:15,160 Speaker 10: out of, the deregulation and the focus on main street America, 517 00:30:15,240 --> 00:30:19,400 Speaker 10: on our ranchers, on our farmers. Yes, we want to 518 00:30:19,400 --> 00:30:21,240 Speaker 10: get rid of collusion with the big guys, but we 519 00:30:21,280 --> 00:30:24,560 Speaker 10: want to make it easier for the small guys to compete, 520 00:30:24,840 --> 00:30:28,520 Speaker 10: and that is something that they should be focused on highly. 521 00:30:30,000 --> 00:30:34,080 Speaker 1: Now, Carol, as we wrap this up here, the Trump administration, 522 00:30:34,240 --> 00:30:37,120 Speaker 1: at least the first time, they were pretty dagone good 523 00:30:37,120 --> 00:30:40,400 Speaker 1: about deregulation and it's something Trump does very very well. 524 00:30:40,440 --> 00:30:43,400 Speaker 1: He's big on that. Are they not focusing on that 525 00:30:43,480 --> 00:30:44,480 Speaker 1: as much this time? 526 00:30:45,560 --> 00:30:47,920 Speaker 10: I think they got distracted. I think it should have 527 00:30:47,960 --> 00:30:50,560 Speaker 10: been the first thing that they focused on out of 528 00:30:50,600 --> 00:30:54,520 Speaker 10: the gate, as well as the making the tax code permanent. 529 00:30:54,560 --> 00:30:57,600 Speaker 10: They obviously got the latter piece of that done, but 530 00:30:57,720 --> 00:31:00,720 Speaker 10: the tear of policy enshuring some of that up, which 531 00:31:00,880 --> 00:31:03,120 Speaker 10: some part of that has actually been great. So let 532 00:31:03,120 --> 00:31:05,719 Speaker 10: me give the president props. You things like focusing on 533 00:31:05,920 --> 00:31:10,400 Speaker 10: rare earth elements and securing our border and national security, 534 00:31:10,440 --> 00:31:12,160 Speaker 10: like some of those things are really good and we're 535 00:31:12,200 --> 00:31:14,400 Speaker 10: really glad he did it. But I do think the 536 00:31:14,480 --> 00:31:19,400 Speaker 10: focus on tariff in some of the international trade didn't 537 00:31:19,400 --> 00:31:22,040 Speaker 10: give them as much time to focus on main street, 538 00:31:22,240 --> 00:31:24,840 Speaker 10: you know, even something like we've talked about the Corporate 539 00:31:24,840 --> 00:31:28,000 Speaker 10: Transparency Act. They haven't even come out with the final 540 00:31:28,120 --> 00:31:31,400 Speaker 10: rule yet. So that hasn't been codified. So they've taken 541 00:31:31,480 --> 00:31:34,040 Speaker 10: some steps in that direction, but they need to do 542 00:31:34,240 --> 00:31:38,320 Speaker 10: massive deregulation, particularly as it pertains to the things that 543 00:31:38,360 --> 00:31:42,000 Speaker 10: create barriers for small businesses in this country. We want 544 00:31:42,040 --> 00:31:45,080 Speaker 10: this country to grow and to thrive. It benefits everyone, 545 00:31:45,360 --> 00:31:47,760 Speaker 10: and that starts with the backbone of the economy. So 546 00:31:47,920 --> 00:31:51,520 Speaker 10: deregulation and helping out the little guys in a very 547 00:31:51,560 --> 00:31:56,480 Speaker 10: pro free market way makes all the sense in the world. 548 00:31:57,760 --> 00:32:00,360 Speaker 1: Caeryl, I'm so glad you're with us and you're not 549 00:32:00,400 --> 00:32:05,280 Speaker 1: an investment banker anymore. Come back. So, I'm a chip man. 550 00:32:06,160 --> 00:32:09,240 Speaker 1: Everyone who knows me knows I'm a chip man. In fact, 551 00:32:09,440 --> 00:32:11,440 Speaker 1: Ab was just texting me yesterday. We have this big 552 00:32:11,440 --> 00:32:13,840 Speaker 1: Thanksgiving thing we're going to. She said, Hey, what kind 553 00:32:13,840 --> 00:32:18,480 Speaker 1: of sides should we bring? I said, some chips. I'm 554 00:32:18,480 --> 00:32:22,400 Speaker 1: a chip man, but I'm also forty four and the 555 00:32:22,480 --> 00:32:24,920 Speaker 1: days of walking in the gas station and getting a 556 00:32:24,960 --> 00:32:27,560 Speaker 1: bag of hot Cheetos have to be behind me. What 557 00:32:27,600 --> 00:32:30,200 Speaker 1: to do? What to do? Well, that's what massive chips 558 00:32:30,280 --> 00:32:34,600 Speaker 1: is all about. Massive chips are these wonderful three ingredient chips, 559 00:32:35,040 --> 00:32:38,120 Speaker 1: no seed oils, none of that filth. You can actually 560 00:32:38,200 --> 00:32:41,920 Speaker 1: eat them guilt free. You're not gonna feel tired and 561 00:32:42,000 --> 00:32:45,160 Speaker 1: fat and bloated and upsets them. No, guilt free. Oh 562 00:32:45,200 --> 00:32:47,480 Speaker 1: but they must be gross then, right, This is me. 563 00:32:47,640 --> 00:32:49,760 Speaker 1: I would tell you if it was gross. You know, 564 00:32:49,800 --> 00:32:53,400 Speaker 1: I'm not one of these health freaks. They're fantastic, fantastic. 565 00:32:53,480 --> 00:32:56,720 Speaker 1: You just now normal chips taste gross to me. I 566 00:32:56,800 --> 00:33:00,600 Speaker 1: won't try them. Big fat discount for you, massive chips 567 00:33:00,840 --> 00:33:03,520 Speaker 1: dot com slash Jesse TV. 568 00:33:14,320 --> 00:33:17,320 Speaker 5: We also do have to bring in talent when we 569 00:33:17,480 --> 00:33:19,640 Speaker 5: got your talent, and you know, you don't know, you don't. 570 00:33:19,640 --> 00:33:20,800 Speaker 9: We don't have talented people. 571 00:33:20,880 --> 00:33:23,360 Speaker 5: No, you don't have you don't have certain talents, and 572 00:33:23,400 --> 00:33:24,720 Speaker 5: you have to people have to learn. 573 00:33:27,080 --> 00:33:30,640 Speaker 1: Well, those comments are going over like a fart in 574 00:33:30,760 --> 00:33:33,520 Speaker 1: church today, and we thought we should probably talk to 575 00:33:33,600 --> 00:33:36,640 Speaker 1: Dave brad about that. Joining me now, Senior vice president 576 00:33:36,680 --> 00:33:41,440 Speaker 1: of Business Relations at Liberty University, Dave. Donald Trump is 577 00:33:41,520 --> 00:33:44,520 Speaker 1: not making many fans with his base, but those kinds 578 00:33:44,520 --> 00:33:47,000 Speaker 1: of things. He's already rolling Scott Descent out there on 579 00:33:47,040 --> 00:33:50,600 Speaker 1: the news to try to soften that landing. But people 580 00:33:50,600 --> 00:33:52,480 Speaker 1: were concerned, Dave. Frankly, they're angry. 581 00:33:54,400 --> 00:33:58,280 Speaker 11: Yeah, no, they should be the America First Agenda. You know, Trump, 582 00:33:58,400 --> 00:34:02,320 Speaker 11: he's feeling the pressure sure from all sides, right, all 583 00:34:02,360 --> 00:34:05,440 Speaker 11: the corporate buddies. They're screaming at him, saying, we want 584 00:34:05,480 --> 00:34:08,719 Speaker 11: the cheap and easy route. We've had to make our 585 00:34:08,800 --> 00:34:14,239 Speaker 11: profits for Wall Street and Main Street. Sorry, Investment came 586 00:34:14,239 --> 00:34:17,759 Speaker 11: out and said it's it's Main Street's turn. And so 587 00:34:17,800 --> 00:34:20,200 Speaker 11: the whole country's waiting, right, I mean, they're being patient 588 00:34:20,280 --> 00:34:24,360 Speaker 11: on the wars Ukraine. We want that thing done. We 589 00:34:24,400 --> 00:34:27,400 Speaker 11: want all the wars rolled up. We want to see 590 00:34:28,160 --> 00:34:32,399 Speaker 11: this Department of Justice lay down the hammer and see 591 00:34:32,400 --> 00:34:37,080 Speaker 11: some results come on in. And so this this is 592 00:34:37,120 --> 00:34:40,160 Speaker 11: a big eie though. The immigration, the border. When you 593 00:34:40,200 --> 00:34:42,440 Speaker 11: shut down the border, why are you doing that? And 594 00:34:42,520 --> 00:34:45,160 Speaker 11: so you know, I think he's gonna feel some heat 595 00:34:45,200 --> 00:34:47,839 Speaker 11: on this one, Dave. 596 00:34:48,880 --> 00:34:51,960 Speaker 1: I'm curious as to why I have my own theories. 597 00:34:52,520 --> 00:34:54,759 Speaker 1: The one that I really hope is not true is 598 00:34:54,800 --> 00:34:57,840 Speaker 1: that we have an immigration bill coming that's going to 599 00:34:57,840 --> 00:35:00,680 Speaker 1: be futrid because of our thin majority and House, and 600 00:35:00,719 --> 00:35:03,359 Speaker 1: this is Trump prepping the ground for that. I pray 601 00:35:03,440 --> 00:35:07,000 Speaker 1: to god I'm wrong about that. But tell me why 602 00:35:07,280 --> 00:35:08,800 Speaker 1: is it just what you just said? Is it his 603 00:35:08,920 --> 00:35:11,080 Speaker 1: big business buddies in his ear. No, no, no, no, I 604 00:35:11,080 --> 00:35:12,120 Speaker 1: don't want to pay wages. 605 00:35:14,360 --> 00:35:18,319 Speaker 11: Yeah, well, you know, just ask yourself similarly, why are 606 00:35:18,320 --> 00:35:21,280 Speaker 11: we voting for a seven trillion dollar Biden budget again 607 00:35:21,840 --> 00:35:24,040 Speaker 11: with a lot of Democrat stuff left in it, with 608 00:35:24,120 --> 00:35:27,600 Speaker 11: two trillion dollar deficits, And the answer is because your 609 00:35:27,640 --> 00:35:31,640 Speaker 11: representatives aren't representing the people. And so same thing on 610 00:35:31,719 --> 00:35:34,799 Speaker 11: this most every you know, especially just go around the 611 00:35:34,840 --> 00:35:37,640 Speaker 11: horn right, go to any state with a bunch of 612 00:35:37,680 --> 00:35:41,520 Speaker 11: golf resorts and hotels and whatever, and I'll guarantee it 613 00:35:41,680 --> 00:35:45,560 Speaker 11: those congressmen and senators and women are going to be 614 00:35:45,600 --> 00:35:49,640 Speaker 11: pretty friendly to cheap labor. And they're just smacking their 615 00:35:49,640 --> 00:35:52,080 Speaker 11: own people on the head. And you know when the 616 00:35:52,120 --> 00:35:54,799 Speaker 11: president says, we don't have the talent, we don't have 617 00:35:54,880 --> 00:35:55,440 Speaker 11: the talent. 618 00:35:55,560 --> 00:35:55,719 Speaker 2: Right. 619 00:35:55,760 --> 00:35:58,680 Speaker 11: I've been in education my whole life. Because the corporate 620 00:35:58,719 --> 00:36:03,239 Speaker 11: guys are planting, you know, evergreen trees on their rooftops 621 00:36:03,239 --> 00:36:07,040 Speaker 11: and ceilings, is virtue signaling instead of investing in the 622 00:36:07,120 --> 00:36:10,160 Speaker 11: kids right down across the block from you, right in Chicago, 623 00:36:10,920 --> 00:36:14,120 Speaker 11: the poor kids. The literacy rate, the reading rate right 624 00:36:14,200 --> 00:36:18,239 Speaker 11: for the third graders is twelve percent. That's not from 625 00:36:18,400 --> 00:36:21,000 Speaker 11: right wing dot Com right, that's from the Illinois Public 626 00:36:21,080 --> 00:36:25,239 Speaker 11: Policy Institute. And so yeah, all these corporate guys, Oh, 627 00:36:25,400 --> 00:36:28,120 Speaker 11: we're in favor of ethics and we care, and we 628 00:36:28,239 --> 00:36:30,920 Speaker 11: got pink ribbons and we got all sorts of cool stuff. 629 00:36:31,719 --> 00:36:34,920 Speaker 11: But the kids right next door can't read. And oh, 630 00:36:35,000 --> 00:36:38,520 Speaker 11: we're for a diversity and race and gender and oh 631 00:36:38,760 --> 00:36:42,839 Speaker 11: all those kids across all those categories right downstairs can't read. 632 00:36:43,480 --> 00:36:45,680 Speaker 11: So you know, I'm a little cynical, but if you 633 00:36:45,719 --> 00:36:47,799 Speaker 11: want to change the country, you better teach the kids 634 00:36:47,800 --> 00:36:48,160 Speaker 11: to read. 635 00:36:50,719 --> 00:36:53,480 Speaker 1: Dave. I understand that what we're about to talk about 636 00:36:53,520 --> 00:36:57,360 Speaker 1: doesn't necessarily apply to Liberty University, of course, but Trump 637 00:36:57,440 --> 00:37:00,520 Speaker 1: also said that we've got to have these six thousand 638 00:37:00,640 --> 00:37:02,799 Speaker 1: Chinese students. We just got to have them. It's just 639 00:37:02,880 --> 00:37:05,320 Speaker 1: wonderful for the country. And we certainly don't want any 640 00:37:05,640 --> 00:37:08,359 Speaker 1: universities to go out of business, well, the American people, 641 00:37:08,480 --> 00:37:10,920 Speaker 1: certainly the MAGA movement. We don't want six hundred thousand 642 00:37:11,040 --> 00:37:13,399 Speaker 1: Chinese spies. And we don't give a crap if half 643 00:37:13,480 --> 00:37:16,440 Speaker 1: the university system goes out of business. Frankly it should. 644 00:37:17,200 --> 00:37:19,120 Speaker 1: What is this is this part of the trade deal 645 00:37:19,160 --> 00:37:21,319 Speaker 1: we just struck with China? And he's just trying to 646 00:37:21,360 --> 00:37:22,000 Speaker 1: sell it. Now. 647 00:37:24,160 --> 00:37:27,600 Speaker 11: No, this is probably you know, well, yes, yes to that. 648 00:37:27,760 --> 00:37:31,960 Speaker 11: But also in addition, the tech bros are putting huge 649 00:37:31,960 --> 00:37:36,600 Speaker 11: pressure and they're the huge donors, right, the Magnificent seven firms, 650 00:37:36,600 --> 00:37:41,080 Speaker 11: the trillionaire class. What people may not know is about 651 00:37:41,120 --> 00:37:44,279 Speaker 11: seventy five percent of the fortune five hundred CEOs are 652 00:37:44,320 --> 00:37:50,120 Speaker 11: democrat most all of the Magnificent seven trillionaires are leftist, 653 00:37:51,320 --> 00:37:54,719 Speaker 11: but they're big donors. And the Republicans don't have anyone left. Right, 654 00:37:54,760 --> 00:37:57,680 Speaker 11: we gave twenty percent of the economy away to Obamacare, 655 00:37:58,719 --> 00:38:01,000 Speaker 11: and so you know, it's kind of a survival thing. 656 00:38:01,440 --> 00:38:04,280 Speaker 11: You know, we don't have Hollywood, we don't have education. 657 00:38:05,480 --> 00:38:09,080 Speaker 11: You know, you mentioned Liberty University, et cetera. But what people, 658 00:38:09,120 --> 00:38:11,840 Speaker 11: the average person doesn't know is the Chinese students have 659 00:38:11,920 --> 00:38:16,160 Speaker 11: to sign a document and all workers here to the CCP. Right, 660 00:38:16,200 --> 00:38:18,680 Speaker 11: we don't hate the Chinese people, but the Communist Party 661 00:38:18,719 --> 00:38:21,160 Speaker 11: we don't like, and they have to sign a document 662 00:38:21,239 --> 00:38:25,200 Speaker 11: saying they're basically in essence spying as you said, for 663 00:38:25,360 --> 00:38:28,160 Speaker 11: the CCP, and so if they want to come over here, 664 00:38:28,520 --> 00:38:31,200 Speaker 11: I think that if the CCP would sign a simple 665 00:38:31,239 --> 00:38:35,800 Speaker 11: document saying that the CCP and the Chinese government believes 666 00:38:35,840 --> 00:38:38,000 Speaker 11: like we do, that all people are made in the 667 00:38:38,000 --> 00:38:41,680 Speaker 11: image of God and endowed by their creator with certain 668 00:38:41,760 --> 00:38:45,480 Speaker 11: inalienable rights like life, liberty, and the pursuit of happiness. 669 00:38:46,160 --> 00:38:49,360 Speaker 11: And they sign their name to that document. Hey, welcome 670 00:38:49,400 --> 00:38:52,000 Speaker 11: to the US of A. And tell you sign that 671 00:38:52,080 --> 00:38:54,200 Speaker 11: document saying that no way. 672 00:38:54,280 --> 00:38:59,680 Speaker 1: Jose Trump also said this about the economy. 673 00:39:00,800 --> 00:39:04,280 Speaker 5: This is the greatest economy we've ever had their talking points. 674 00:39:04,280 --> 00:39:07,440 Speaker 5: Of course, Sorry, by the way, the only thing is beef. 675 00:39:07,960 --> 00:39:08,360 Speaker 1: Beef. 676 00:39:08,480 --> 00:39:11,000 Speaker 5: Coffee is a little high because the ranchers are doing 677 00:39:11,000 --> 00:39:13,919 Speaker 5: great coffee coffee. We're gonna lower some tariffs. We're gonna 678 00:39:13,920 --> 00:39:16,799 Speaker 5: have some coffee come in. We're going to take all 679 00:39:16,840 --> 00:39:20,200 Speaker 5: this stuff very quickly, very easily. It's surgical. It's beautiful 680 00:39:20,200 --> 00:39:22,839 Speaker 5: to watch, Dave. 681 00:39:22,880 --> 00:39:25,880 Speaker 1: I understand that, And I'm totally fine with the Trump 682 00:39:26,000 --> 00:39:28,640 Speaker 1: bluster thing. It's who he is. Frankly, it's endearing. Everything's 683 00:39:28,680 --> 00:39:30,839 Speaker 1: the best ever, the most beautiful ever, the hottest ever. 684 00:39:31,000 --> 00:39:32,840 Speaker 1: I get that. That's Trump's way. I get that. But 685 00:39:33,520 --> 00:39:36,920 Speaker 1: the economy is not good, and people recently could afford 686 00:39:36,960 --> 00:39:39,720 Speaker 1: a lot more than they afford now. In telling people 687 00:39:39,760 --> 00:39:43,040 Speaker 1: how great it is. It's a little insulting. 688 00:39:45,280 --> 00:39:49,239 Speaker 11: Yeah, well, I've tried to counsel whoever I can up 689 00:39:49,280 --> 00:39:52,799 Speaker 11: there in the swamp that's advising the president. And I 690 00:39:52,920 --> 00:39:56,880 Speaker 11: never would have pivoted and cheerleaded that we own the economy. 691 00:39:57,640 --> 00:39:57,799 Speaker 5: Right. 692 00:39:57,840 --> 00:40:02,000 Speaker 11: We had twenty percent inflation in Biden's four years. Right, 693 00:40:02,040 --> 00:40:07,839 Speaker 11: that's a ratchet effect. Right, unless you get deflation or disinflation, 694 00:40:07,960 --> 00:40:11,279 Speaker 11: those prices stay there. And so we never should have 695 00:40:11,280 --> 00:40:13,919 Speaker 11: started cheerleading and said, you know, we're going to lower price. 696 00:40:13,920 --> 00:40:16,040 Speaker 11: That's the job at the Federal Reserve for the most part, right, 697 00:40:16,080 --> 00:40:19,319 Speaker 11: the price level to have stable prices. So that's the 698 00:40:19,360 --> 00:40:22,000 Speaker 11: inflation debate. I never would have gone there. And then 699 00:40:22,160 --> 00:40:25,400 Speaker 11: on productivity, I've been preaching for ten years. Productivity has 700 00:40:25,440 --> 00:40:28,319 Speaker 11: been going down for seventy years in a row. And 701 00:40:28,360 --> 00:40:31,400 Speaker 11: so what Trump should say is, and I give him 702 00:40:31,400 --> 00:40:34,799 Speaker 11: an a plus on this thing, the major thing that 703 00:40:34,920 --> 00:40:41,600 Speaker 11: enhances productivity and GDP growth and wages is capital investment. 704 00:40:41,719 --> 00:40:43,960 Speaker 11: And that's where he's crushing it, right, That's where he's 705 00:40:43,960 --> 00:40:46,960 Speaker 11: doing good. But he's got a big problem in the 706 00:40:47,000 --> 00:40:51,040 Speaker 11: short run, right, because that capital right, two trillion US commitments, 707 00:40:51,400 --> 00:40:55,520 Speaker 11: ten trillion foreign commitments coming in that'll take a few 708 00:40:55,600 --> 00:40:58,680 Speaker 11: years to get put in the worker's hands. And if 709 00:40:58,719 --> 00:41:01,759 Speaker 11: you put capital in the people's hands, they're gonna do 710 00:41:01,800 --> 00:41:03,400 Speaker 11: great things with it. They always have. Just think a 711 00:41:03,480 --> 00:41:06,640 Speaker 11: Henry Ford or whatever. Right, the American people are ready 712 00:41:06,680 --> 00:41:11,040 Speaker 11: to roll. And so Biden put us in the ditch. 713 00:41:11,680 --> 00:41:14,960 Speaker 11: The left has put us in the ditch. Our geopolitical 714 00:41:15,000 --> 00:41:19,320 Speaker 11: strategists missed a country called China for the past thirty years, 715 00:41:19,520 --> 00:41:22,440 Speaker 11: got it all wrong. They're our friend. You know, their 716 00:41:22,480 --> 00:41:26,520 Speaker 11: kids are going to be rich and become democrat you know, yuppies. Nope, 717 00:41:26,520 --> 00:41:30,360 Speaker 11: there's still communists. And so I just never would have 718 00:41:30,360 --> 00:41:33,520 Speaker 11: pivoted to, you know, saying I own this economy because 719 00:41:33,520 --> 00:41:37,799 Speaker 11: he economically he doesn't. Right, Monetary policy's got a year 720 00:41:37,880 --> 00:41:40,400 Speaker 11: lag and fiscal policies got a year to year and 721 00:41:40,400 --> 00:41:43,359 Speaker 11: a half lag once it's implemented, And so that that's 722 00:41:43,400 --> 00:41:44,640 Speaker 11: the truth of economics. 723 00:41:46,400 --> 00:41:49,600 Speaker 1: Is this why he leans on Jerome Powell so hard? 724 00:41:49,760 --> 00:41:53,200 Speaker 1: Is this why he just blasts away? Obviously he's trying 725 00:41:53,239 --> 00:41:55,200 Speaker 1: to push him into something. Is this what this is 726 00:41:55,200 --> 00:41:55,640 Speaker 1: all about? 727 00:41:57,000 --> 00:41:59,520 Speaker 11: Yeah, well that's right, because in the short run, he's 728 00:41:59,560 --> 00:42:01,239 Speaker 11: just got a few lovers. Right, So if you can 729 00:42:01,320 --> 00:42:04,279 Speaker 11: lower the interest rate, you know that'll juice things up. 730 00:42:05,040 --> 00:42:09,480 Speaker 11: And you know, there's news out today, right, I saw 731 00:42:09,520 --> 00:42:12,400 Speaker 11: the rental properties are more deflationary than we thought. It 732 00:42:12,560 --> 00:42:15,759 Speaker 11: was just bad news for the economy. But you know 733 00:42:15,760 --> 00:42:17,839 Speaker 11: that maybe there is some wiggle room to lower rates. 734 00:42:17,880 --> 00:42:18,000 Speaker 3: Right. 735 00:42:18,000 --> 00:42:20,480 Speaker 11: If your lower rates, the risk is to get inflation. Right, 736 00:42:20,480 --> 00:42:22,759 Speaker 11: So inflation is at three instead of two, and it 737 00:42:22,760 --> 00:42:25,920 Speaker 11: should be zero. And so if you you know, if 738 00:42:25,920 --> 00:42:28,320 Speaker 11: you pump more money out there and lower interest rates, 739 00:42:28,520 --> 00:42:32,920 Speaker 11: you get more inflation. But the you know it, I 740 00:42:32,960 --> 00:42:34,920 Speaker 11: don't have time to get into it. But the Federal 741 00:42:34,920 --> 00:42:37,000 Speaker 11: Reserve is a bunch of crooks, right, they've they've ruined 742 00:42:37,040 --> 00:42:39,400 Speaker 11: the economy since two thousand and eight with a financial 743 00:42:39,440 --> 00:42:43,080 Speaker 11: crisis and the bailouts and the Fed put they always 744 00:42:43,160 --> 00:42:46,160 Speaker 11: bail out, the Green Span put, bails out Wall Street 745 00:42:46,760 --> 00:42:50,840 Speaker 11: and no concern for the employment and wages of Main Street. 746 00:42:53,560 --> 00:43:06,879 Speaker 1: They appreciate you as always, brother. All right, it's time 747 00:43:06,920 --> 00:43:08,640 Speaker 1: to lighten the mood. That was a bit of a 748 00:43:09,040 --> 00:43:11,560 Speaker 1: heavy show, so we thought it would be appropriate to 749 00:43:11,640 --> 00:43:15,560 Speaker 1: lighten the mood and remind everybody, remind you, remind me 750 00:43:16,280 --> 00:43:18,920 Speaker 1: that as much as we may get frustrated from time 751 00:43:18,960 --> 00:43:22,520 Speaker 1: to time with the current administration. Boy did we dodge 752 00:43:22,560 --> 00:43:23,600 Speaker 1: a bullet in November. 753 00:43:24,640 --> 00:43:29,120 Speaker 12: I was aware of my opponent's strategy, and I wasn't 754 00:43:29,120 --> 00:43:35,680 Speaker 12: about to fall prey or fall into those traps. And 755 00:43:36,680 --> 00:43:40,719 Speaker 12: part of his strategy and those around him was to 756 00:43:40,760 --> 00:43:47,239 Speaker 12: try and take me off our gang and message. And 757 00:43:47,760 --> 00:43:50,560 Speaker 12: I wasn't about to be distracted by those little those 758 00:43:50,760 --> 00:43:53,759 Speaker 12: flames that he was trying to throw to get me 759 00:43:53,920 --> 00:43:57,959 Speaker 12: away from one of my highest priority, which is talking 760 00:43:57,960 --> 00:44:00,080 Speaker 12: to people about the economy and their well being in 761 00:44:00,120 --> 00:44:05,080 Speaker 12: terms of their financial well being. And that's so I was. 762 00:44:05,200 --> 00:44:08,520 Speaker 12: I understood the game that was being played, and I 763 00:44:08,560 --> 00:44:13,839 Speaker 12: made a decision that I wasn't gonna get played. And 764 00:44:14,520 --> 00:44:15,160 Speaker 12: checkers do. 765 00:44:16,760 --> 00:44:17,640 Speaker 11: Just cheers. 766 00:44:18,160 --> 00:44:21,640 Speaker 12: Yeah, three dimensional chests, I'm telling you, you. 767 00:44:21,560 --> 00:44:31,919 Speaker 1: Know, three dimensional chests versus one other kind. I think 768 00:44:32,200 --> 00:44:33,840 Speaker 1: you know what a stable 769 00:44:35,719 --> 00:44:37,280 Speaker 7: Mm hmmmm