1 00:00:00,720 --> 00:00:05,400 Speaker 1: Welcome back in Clay Travis buck Sexton show. We appreciate 2 00:00:05,559 --> 00:00:12,080 Speaker 1: all of you hanging out with us. Trump was just asked, 3 00:00:12,480 --> 00:00:14,400 Speaker 1: so let me kind of set the table here. We 4 00:00:14,480 --> 00:00:16,880 Speaker 1: just talked with Senator Ted Cruz. Appreciate the time he 5 00:00:16,920 --> 00:00:20,080 Speaker 1: spent with us talking about Iran. We've been talking about Minneapolis. 6 00:00:20,560 --> 00:00:23,080 Speaker 1: We're soon going to talk about the Supreme Court case 7 00:00:23,120 --> 00:00:29,680 Speaker 1: today dealing with basic question such as head men be 8 00:00:29,800 --> 00:00:34,440 Speaker 1: able to compete against women in women's sports or should 9 00:00:34,440 --> 00:00:37,640 Speaker 1: they be kept out. We will update you on that. 10 00:00:38,720 --> 00:00:41,760 Speaker 1: We are actually scheduled to be joined by Jennifer Say, 11 00:00:41,880 --> 00:00:45,960 Speaker 1: who has been a huge part of this battle producer Ali. 12 00:00:46,080 --> 00:00:47,800 Speaker 1: She's going to join us at two thirty. I meant 13 00:00:47,800 --> 00:00:50,080 Speaker 1: to say that during the last break. I forgot, So 14 00:00:50,120 --> 00:00:54,080 Speaker 1: we will discuss that case in the third hour. But 15 00:00:54,240 --> 00:00:58,680 Speaker 1: President Trump right now is in Detroit area at a 16 00:00:58,800 --> 00:01:04,320 Speaker 1: Ford Dealership Ford factory. Sorry, and he was just asked 17 00:01:04,360 --> 00:01:08,520 Speaker 1: about Iran as a part of those travels, and he said, 18 00:01:08,560 --> 00:01:13,280 Speaker 1: you're gonna find out. And it's a good idea if Americans, 19 00:01:13,319 --> 00:01:17,000 Speaker 1: if there are any there, evacuate from Iran. You just 20 00:01:17,080 --> 00:01:22,360 Speaker 1: heard what Ted Cruz said. I think that it is 21 00:01:22,440 --> 00:01:26,400 Speaker 1: quite clear I really thought it was interesting that Senator 22 00:01:26,440 --> 00:01:31,119 Speaker 1: ted Cruz told us that he thought potentially, certainly within 23 00:01:31,160 --> 00:01:33,280 Speaker 1: the next ninety days, and then he said maybe within 24 00:01:33,319 --> 00:01:37,840 Speaker 1: the next few hours, the Ayatola could fall in Iran. 25 00:01:38,200 --> 00:01:41,640 Speaker 1: And he said that on the heels of a trip 26 00:01:41,680 --> 00:01:44,120 Speaker 1: he just took with Secretary of War Pete hegset to 27 00:01:44,160 --> 00:01:47,840 Speaker 1: go visit SpaceX and Elon Musk. They were in Texas yesterday. 28 00:01:48,920 --> 00:01:51,440 Speaker 1: So that is all out there. It is certainly worthy 29 00:01:51,440 --> 00:01:55,000 Speaker 1: of paying attention to. It is right now the biggest 30 00:01:55,040 --> 00:01:59,600 Speaker 1: story in the world. We could be could be dealing 31 00:01:59,640 --> 00:02:03,840 Speaker 1: with a nineteen eighty nine like moment in this country, 32 00:02:04,240 --> 00:02:07,080 Speaker 1: where much as Ronald Reagan I know, it happened in 33 00:02:07,240 --> 00:02:12,920 Speaker 1: the Bush one, the senior Bush first term back in 34 00:02:13,000 --> 00:02:15,600 Speaker 1: nineteen eighty nine. It was after Reagan left office. But 35 00:02:15,680 --> 00:02:19,160 Speaker 1: the Berlin Wall coming down. If you look at Venezuela, 36 00:02:19,600 --> 00:02:22,000 Speaker 1: if you look at what is going on right now 37 00:02:23,320 --> 00:02:25,680 Speaker 1: in Cuba, if you look at what is going on 38 00:02:25,760 --> 00:02:28,960 Speaker 1: in Iran right now. Certainly Russia is struggling in the 39 00:02:29,080 --> 00:02:33,760 Speaker 1: Ukraine War. America's adversaries are at their weakest point that 40 00:02:33,840 --> 00:02:37,440 Speaker 1: we have seen in some time, and it is worth 41 00:02:37,480 --> 00:02:40,720 Speaker 1: paying attention to because we could have a modern day 42 00:02:40,880 --> 00:02:44,520 Speaker 1: echo of the Berlin Wall when it comes to evil 43 00:02:44,600 --> 00:02:45,440 Speaker 1: being defeated. 44 00:02:46,080 --> 00:02:48,160 Speaker 2: Now, with that in mind. 45 00:02:48,320 --> 00:02:53,000 Speaker 1: We also Buck are dealing with a Supreme Court case, 46 00:02:53,040 --> 00:02:56,160 Speaker 1: and we kind of touched on this early in the show. 47 00:02:56,560 --> 00:03:00,080 Speaker 1: The Supreme Court heard a case today about whether there 48 00:03:00,120 --> 00:03:02,880 Speaker 1: are men should be able to compete in women's sports, 49 00:03:02,919 --> 00:03:05,840 Speaker 1: about whether boys should be able to compete in girl sports. 50 00:03:06,000 --> 00:03:09,360 Speaker 1: I can't believe that we have reached a point where 51 00:03:09,440 --> 00:03:13,320 Speaker 1: this is an actual Supreme Court case, but the states 52 00:03:13,360 --> 00:03:17,160 Speaker 1: of West Virginia and Idaho are being sued because they, 53 00:03:17,240 --> 00:03:20,800 Speaker 1: along with many other states, have put in place policies 54 00:03:21,080 --> 00:03:24,480 Speaker 1: that do not allow men to be able to compete 55 00:03:24,480 --> 00:03:27,240 Speaker 1: in women's sports. And this is a very foundational element 56 00:03:27,400 --> 00:03:30,639 Speaker 1: of sports. It's why we have separate men and women's sports. 57 00:03:31,200 --> 00:03:34,079 Speaker 1: And it seemed based on the questioning Buck, you got 58 00:03:34,080 --> 00:03:34,840 Speaker 1: to hear some of it. 59 00:03:34,960 --> 00:03:36,000 Speaker 2: I got to hear some of it. 60 00:03:36,040 --> 00:03:39,440 Speaker 1: I didn't hear every question and hear every aspect of this, 61 00:03:40,240 --> 00:03:43,040 Speaker 1: but it feels like to me, the six Conservatives, the 62 00:03:43,120 --> 00:03:46,600 Speaker 1: six same Republicans are going to say this is permissible, 63 00:03:47,000 --> 00:03:49,840 Speaker 1: and the three liberals are going to say this isn't 64 00:03:50,200 --> 00:03:51,720 Speaker 1: get is that the read You've kind of got on 65 00:03:51,800 --> 00:03:52,360 Speaker 1: this as well. 66 00:03:52,960 --> 00:03:57,000 Speaker 2: Oh. Absolutely, they're doing everything they can, pulling all of 67 00:03:57,040 --> 00:04:02,760 Speaker 2: the mental gymnastics possible, whether we're talking about specific most 68 00:04:02,920 --> 00:04:06,360 Speaker 2: mostly Sodo Mayor and Katandre Brown Jackson, but also Kagan. 69 00:04:07,360 --> 00:04:11,840 Speaker 2: They're doing everything they can to keep gender communism alive 70 00:04:12,920 --> 00:04:15,160 Speaker 2: because it is on the ropes right now. If you 71 00:04:15,960 --> 00:04:18,960 Speaker 2: get this decision, if this comes down and it is 72 00:04:19,080 --> 00:04:22,760 Speaker 2: made quite clear that you are allowed to have sports 73 00:04:23,440 --> 00:04:28,560 Speaker 2: segregated by gender, and gender is real, and sex and 74 00:04:28,640 --> 00:04:30,680 Speaker 2: gender these games they play, it's not gender, it's sex. 75 00:04:30,720 --> 00:04:33,839 Speaker 2: It's not sex, it's gender. One of the main hallmarks 76 00:04:33,839 --> 00:04:38,880 Speaker 2: clay of this entire gender communism movement is to constantly 77 00:04:39,000 --> 00:04:42,240 Speaker 2: change the language and to make people feel like they 78 00:04:42,279 --> 00:04:45,720 Speaker 2: can't even speak about this without running a foul of 79 00:04:46,480 --> 00:04:50,440 Speaker 2: or being ridiculed for not understanding the latest jargon or 80 00:04:50,480 --> 00:04:53,719 Speaker 2: the latest very thin slicing of the onion that goes on, 81 00:04:54,240 --> 00:04:58,440 Speaker 2: and using that as a means of avoiding the central issue, 82 00:04:58,480 --> 00:05:00,680 Speaker 2: which is that men and women are different. We have penises, 83 00:05:00,680 --> 00:05:04,520 Speaker 2: they have vaginas, and there are actual physiological biological differences 84 00:05:04,640 --> 00:05:09,200 Speaker 2: between us. This is fundamental to society, and yes, I 85 00:05:09,279 --> 00:05:12,240 Speaker 2: write about this clay. This is an entire chapter in 86 00:05:12,279 --> 00:05:16,920 Speaker 2: my book coming out February seventeenth, Manufacturing Delusion. I talk 87 00:05:16,960 --> 00:05:21,800 Speaker 2: about what's called menticide, the destruction of essentially your mind, 88 00:05:21,839 --> 00:05:25,280 Speaker 2: the homicide of your mind. This is has been practiced 89 00:05:25,320 --> 00:05:29,680 Speaker 2: by authoritarian regimes, whether it's the Nazis or the Soviets 90 00:05:29,760 --> 00:05:33,880 Speaker 2: or the Chinese Communists. And one of the fundamental approaches, 91 00:05:33,880 --> 00:05:38,960 Speaker 2: the foundational approaches, is not to get people to lie 92 00:05:39,240 --> 00:05:43,200 Speaker 2: about things that are that they think or they have 93 00:05:43,240 --> 00:05:47,120 Speaker 2: opinions on, but to break you down by lying about 94 00:05:47,160 --> 00:05:51,320 Speaker 2: the most obvious things over and over and over again. 95 00:05:51,360 --> 00:05:55,680 Speaker 2: You know, you know, were you the guy who assassinated 96 00:05:55,680 --> 00:05:59,200 Speaker 2: at Abraham Lincoln? Yes it was me, Yes, I did it. 97 00:05:59,240 --> 00:06:03,920 Speaker 2: I mean they do intentionally because it effectively scrambles your 98 00:06:04,040 --> 00:06:05,960 Speaker 2: mind after a while when you have to say things. 99 00:06:06,480 --> 00:06:08,320 Speaker 2: And there's some line, actually I think I quote it 100 00:06:08,320 --> 00:06:09,760 Speaker 2: in the book, but it's a line that came across 101 00:06:09,839 --> 00:06:13,280 Speaker 2: my research where it's not. The big lie is not 102 00:06:13,600 --> 00:06:16,440 Speaker 2: that you can tell that you can convince people of 103 00:06:16,480 --> 00:06:19,680 Speaker 2: your ability to move mountains. It's to convince them that 104 00:06:19,720 --> 00:06:22,200 Speaker 2: the mountains that they've always known are there are actually gone. 105 00:06:23,120 --> 00:06:25,719 Speaker 2: And in this case, gender is a mountain that we 106 00:06:25,720 --> 00:06:28,160 Speaker 2: have always known is there, and they're saying it's not there. Actually, 107 00:06:28,680 --> 00:06:30,840 Speaker 2: that's even You could always say we can change something 108 00:06:30,839 --> 00:06:32,279 Speaker 2: in the future, and they can say, well, we don't 109 00:06:32,320 --> 00:06:34,839 Speaker 2: know yet. We don't know yet. But to change something 110 00:06:34,880 --> 00:06:39,120 Speaker 2: that you know and have always known is to rewrite 111 00:06:39,160 --> 00:06:43,000 Speaker 2: the basic script within your mind. Again chapter in the 112 00:06:43,000 --> 00:06:48,359 Speaker 2: book Manufacturing Delusion and Clay on this one, the Supreme 113 00:06:48,400 --> 00:06:50,320 Speaker 2: Court justices, you could see what they were trying to do, 114 00:06:50,320 --> 00:06:52,960 Speaker 2: the ones trying to keep this alive. What about the 115 00:06:53,080 --> 00:06:57,240 Speaker 2: one in a million chants that you have somebody who 116 00:06:58,120 --> 00:07:04,440 Speaker 2: is able to take the the the hormone suppressants after 117 00:07:04,560 --> 00:07:08,240 Speaker 2: puberty and it's and it limits them so much that 118 00:07:08,320 --> 00:07:11,680 Speaker 2: they no longer have the biological advantage. Isn't it unfair 119 00:07:11,720 --> 00:07:13,920 Speaker 2: to that person? By the way, this is like a 120 00:07:14,000 --> 00:07:16,920 Speaker 2: theoretical human being. I mean, now we're basically saying, what 121 00:07:17,040 --> 00:07:20,320 Speaker 2: if somebody is born with three heads, don't they have 122 00:07:20,440 --> 00:07:23,360 Speaker 2: to have three helmets available to them? Or if not, 123 00:07:23,400 --> 00:07:26,480 Speaker 2: it's a violation of uh, you know, equal access, Like 124 00:07:26,520 --> 00:07:29,560 Speaker 2: this is crazy at some point, but they can't allow 125 00:07:29,720 --> 00:07:32,640 Speaker 2: the issue to be decided. They have to try to 126 00:07:32,720 --> 00:07:35,880 Speaker 2: keep open this possibility of hope that gender and sex 127 00:07:35,880 --> 00:07:37,920 Speaker 2: and all these things are not as clear to us 128 00:07:38,000 --> 00:07:40,760 Speaker 2: now as they've always been. I would just point out, 129 00:07:40,760 --> 00:07:43,960 Speaker 2: it's pretty easy, open and shutcase to me. Are there 130 00:07:44,000 --> 00:07:48,880 Speaker 2: any boys that are suing because girls have decided to 131 00:07:49,000 --> 00:07:53,840 Speaker 2: identify as boys? Like if if gender were truly just 132 00:07:53,920 --> 00:07:58,560 Speaker 2: this construct and there were no actual impact, wouldn't there 133 00:07:58,640 --> 00:08:02,160 Speaker 2: be some girl out there who decided to identify as 134 00:08:02,160 --> 00:08:04,840 Speaker 2: a boy that was showing up in boys sports and dominating. 135 00:08:04,920 --> 00:08:07,400 Speaker 2: Of course it doesn't happen. They can't even make the team. 136 00:08:08,400 --> 00:08:10,720 Speaker 2: That's a pretty good sign that gender may exist. Now, Buck, 137 00:08:10,720 --> 00:08:13,239 Speaker 2: I want to read you some quotes. This is probably 138 00:08:13,280 --> 00:08:16,200 Speaker 2: going to blow your mind when I tell you, unless 139 00:08:16,240 --> 00:08:18,800 Speaker 2: you've already read it, in which case the exercise is 140 00:08:18,840 --> 00:08:21,400 Speaker 2: not going to be as successful. The Supreme Court has 141 00:08:21,480 --> 00:08:25,440 Speaker 2: the chance this week to save women's sports, allowing states 142 00:08:25,480 --> 00:08:30,160 Speaker 2: to restore a level playing field for girls by excluding 143 00:08:30,200 --> 00:08:34,679 Speaker 2: biological men and thereby correcting one of the worst excesses 144 00:08:34,760 --> 00:08:38,920 Speaker 2: of America's cultural revolution. And let me just read you 145 00:08:38,960 --> 00:08:43,960 Speaker 2: one more paragraph. None of this will surprise anyone who 146 00:08:44,040 --> 00:08:47,840 Speaker 2: watched Leah Thomas rocket from a middling Division one men's 147 00:08:47,880 --> 00:08:52,880 Speaker 2: freestyler at the University of Pennsylvania to an NCAA women's championship. 148 00:08:53,200 --> 00:08:56,600 Speaker 2: Those are the facts for anyone tempted to disbelieve their 149 00:08:56,800 --> 00:09:01,880 Speaker 2: lying eyes. Separate sports divisions exist to mitigate biological gaps. 150 00:09:02,200 --> 00:09:06,760 Speaker 2: It's impossible to construct a coherent case for unfettered trans 151 00:09:06,800 --> 00:09:11,240 Speaker 2: inclusion that fits those facts without ultimately arguing for the 152 00:09:11,320 --> 00:09:17,040 Speaker 2: abolishing of women's athletics entirely. Okay, where did that? Where 153 00:09:17,080 --> 00:09:21,120 Speaker 2: are I'm reading from right now, Buck, I don't know 154 00:09:21,640 --> 00:09:28,600 Speaker 2: the Washington Post. That is the Washington Post official editorial 155 00:09:28,640 --> 00:09:34,800 Speaker 2: board newspaper opinion that came out yesterday. You, I mean, 156 00:09:34,840 --> 00:09:39,440 Speaker 2: I think the manufacturing delusion argument is a really interesting one. This, 157 00:09:39,600 --> 00:09:43,439 Speaker 2: to me is an example of where all of a sudden, 158 00:09:43,480 --> 00:09:46,320 Speaker 2: people said, you know what, we've tried to build a 159 00:09:46,360 --> 00:09:50,800 Speaker 2: bridge too far, such that even the Washington Post, patron 160 00:09:50,920 --> 00:09:56,079 Speaker 2: saint of left wing intellectual political thought, so to speak, 161 00:09:56,240 --> 00:09:59,960 Speaker 2: in the nation's capital, is now writing on their editor 162 00:10:00,000 --> 00:10:03,760 Speaker 2: storial page the exact arguments that you or I have 163 00:10:03,840 --> 00:10:07,160 Speaker 2: been making basically on this show for years, that we've 164 00:10:07,200 --> 00:10:10,760 Speaker 2: certainly been making an OutKick for years when everybody was 165 00:10:10,800 --> 00:10:14,760 Speaker 2: telling us that we were transphobes, bigots, all these other things. 166 00:10:15,240 --> 00:10:19,400 Speaker 2: The perspective of the culture has shifted to such an 167 00:10:19,440 --> 00:10:23,000 Speaker 2: extent that now the Washington Post shows up just before 168 00:10:23,040 --> 00:10:26,560 Speaker 2: the Supreme Court rules and writes exactly what I just 169 00:10:26,640 --> 00:10:29,640 Speaker 2: read for all of you. Well, it also came across 170 00:10:29,679 --> 00:10:32,960 Speaker 2: the Supreme Court arguments that you'll notice, no one is 171 00:10:33,040 --> 00:10:35,440 Speaker 2: barring if women want to compete on the men's teams, 172 00:10:36,160 --> 00:10:38,280 Speaker 2: go for they can't make it, go for it. Yes, 173 00:10:38,320 --> 00:10:40,240 Speaker 2: that's exactly not gonna know that no one has any 174 00:10:40,360 --> 00:10:42,319 Speaker 2: Why is it that no one has concerned if gender 175 00:10:42,360 --> 00:10:45,720 Speaker 2: doesn't matter and it's all this other stuff. Uh, you know, 176 00:10:45,920 --> 00:10:49,600 Speaker 2: and also this idea that testosterone and the hormonal differences 177 00:10:49,640 --> 00:10:54,000 Speaker 2: between men and women do not have a clear biological effect. 178 00:10:54,480 --> 00:10:57,200 Speaker 2: Do you know what guys who are running gear as 179 00:10:57,240 --> 00:11:01,880 Speaker 2: they say, uh, which means they're using steroids, anabolic steroids, 180 00:11:02,040 --> 00:11:05,920 Speaker 2: you know what their foundation Usually their foundation is taking 181 00:11:06,200 --> 00:11:12,720 Speaker 2: a very high exogenous doses of testosterone. Yeah, testosterone in 182 00:11:12,880 --> 00:11:17,400 Speaker 2: high number, at high dosage is effectively an anabolic steroid. 183 00:11:17,920 --> 00:11:20,960 Speaker 2: So it's a little bit like saying, Clay, hey, is 184 00:11:21,040 --> 00:11:25,480 Speaker 2: everybody who takes an anabolic steroid really gonna have the 185 00:11:25,559 --> 00:11:28,600 Speaker 2: advantage in sports. I mean, yeah, ninety nine point nine 186 00:11:28,679 --> 00:11:31,679 Speaker 2: nine nine percent of them are everybody. Okay, you can 187 00:11:31,760 --> 00:11:34,520 Speaker 2: see the uh, you know, the the data on that 188 00:11:34,640 --> 00:11:38,160 Speaker 2: is incredibly clear, and yet they pretend that the male 189 00:11:38,240 --> 00:11:41,640 Speaker 2: female difference is not every bit as clear. And in fact, 190 00:11:41,960 --> 00:11:43,959 Speaker 2: on on Bill marshow and Bill, to his credit, is 191 00:11:44,000 --> 00:11:46,720 Speaker 2: good on this issue and has been. When he had 192 00:11:46,760 --> 00:11:51,600 Speaker 2: on that guy Neil de grass Tyson, right, it was news. 193 00:11:51,559 --> 00:11:55,240 Speaker 1: The foremost physics science thought. 194 00:11:55,320 --> 00:11:58,920 Speaker 2: Yeah, one of the top sort of celebrated pop scientists. 195 00:11:59,160 --> 00:12:00,960 Speaker 2: And if you want to hear him talk about the cosmos, 196 00:12:01,000 --> 00:12:02,720 Speaker 2: you know, he knows about that stuff, and it's nice. 197 00:12:02,880 --> 00:12:04,480 Speaker 2: But he says, I don't know if there's a difference 198 00:12:04,480 --> 00:12:06,680 Speaker 2: between men and women in sports. This is like saying, 199 00:12:06,720 --> 00:12:10,720 Speaker 2: we can't really know anything, and therefore we have to 200 00:12:10,800 --> 00:12:15,400 Speaker 2: pretend that we know nothing. Therefore there is no difference 201 00:12:15,400 --> 00:12:18,160 Speaker 2: between men and women. And it's all just and look, 202 00:12:19,320 --> 00:12:21,760 Speaker 2: we saw what they do with this. It's not about 203 00:12:21,760 --> 00:12:24,640 Speaker 2: being polite, it's not about being friendly, because they're deeply 204 00:12:25,240 --> 00:12:28,520 Speaker 2: impolite and unfriendly to people that don't want to play 205 00:12:28,520 --> 00:12:30,719 Speaker 2: along with the delusion. And it is a delusion, which 206 00:12:30,760 --> 00:12:32,800 Speaker 2: is why it's the title of the book. It is crazy, 207 00:12:32,840 --> 00:12:35,880 Speaker 2: it is delusional. They want to force you, they want 208 00:12:35,880 --> 00:12:38,120 Speaker 2: to use the force of the law. They want There 209 00:12:38,120 --> 00:12:40,040 Speaker 2: was just a case recently, Clay where some woman was 210 00:12:40,520 --> 00:12:43,120 Speaker 2: in prison I forget where it was and was raped 211 00:12:43,120 --> 00:12:47,760 Speaker 2: by a trans inmate. The state completely failed that woman. 212 00:12:47,880 --> 00:12:50,439 Speaker 2: She should be in a woman's only prison. But there 213 00:12:50,520 --> 00:12:53,520 Speaker 2: is a woman with a penis who sexually assaulted her 214 00:12:53,960 --> 00:12:57,200 Speaker 2: in her cell. And this happens. And we've been saying 215 00:12:57,240 --> 00:13:00,480 Speaker 2: this is going to happen for a long time on sports. 216 00:13:00,480 --> 00:13:02,880 Speaker 2: It could not be more clear, but it just goes 217 00:13:02,920 --> 00:13:06,920 Speaker 2: to show you this is it is religious belief for 218 00:13:07,000 --> 00:13:11,360 Speaker 2: Catanji Brown Jackson, for Sodomayor, and they know that they 219 00:13:11,440 --> 00:13:14,559 Speaker 2: can't win across the board on this, so their hope 220 00:13:14,600 --> 00:13:16,880 Speaker 2: is to try to carve out Now they're gonna lose 221 00:13:16,920 --> 00:13:18,360 Speaker 2: this is there's no I mean, in my mind, there's 222 00:13:18,360 --> 00:13:20,480 Speaker 2: no way that this But I do think it's going 223 00:13:20,559 --> 00:13:25,040 Speaker 2: to go six' Three, clay because their objection has to 224 00:13:25,040 --> 00:13:29,000 Speaker 2: be on the record to perpetuate this fantasy that there 225 00:13:29,040 --> 00:13:31,040 Speaker 2: isn't a difference between men and women when it comes 226 00:13:31,040 --> 00:13:33,920 Speaker 2: to sports or in. General, okay so the question as 227 00:13:33,960 --> 00:13:37,559 Speaker 2: we go to break to think about if they likely 228 00:13:37,640 --> 00:13:40,400 Speaker 2: lose six,' three as YOU and i both believe based 229 00:13:40,400 --> 00:13:41,319 Speaker 2: on the way the questions. 230 00:13:41,400 --> 00:13:45,280 Speaker 1: Win Today do democrats use that as an excuse to 231 00:13:45,320 --> 00:13:49,960 Speaker 1: stop arguing on this issue going forward because they recognize 232 00:13:50,000 --> 00:13:52,280 Speaker 1: that they've lost this issue in the larger court of, 233 00:13:52,280 --> 00:13:56,160 Speaker 1: public opinion notwithstanding What The supreme court. Itself does or 234 00:13:56,880 --> 00:14:01,000 Speaker 1: do they double triple quadruple down on, this take on 235 00:14:01,040 --> 00:14:05,319 Speaker 1: this crazy take and argue That The supreme court illegitimately 236 00:14:05,320 --> 00:14:08,400 Speaker 1: Appointed By, president trump as they often do when they don't, 237 00:14:08,480 --> 00:14:14,000 Speaker 1: like opinions and continue to fight going forward on, this issue. 238 00:14:13,960 --> 00:14:16,200 Speaker 2: It's gonna be. The latter they won't give. It up 239 00:14:16,480 --> 00:14:19,520 Speaker 2: they won't give. It, up nope they are true believers 240 00:14:19,560 --> 00:14:22,000 Speaker 2: in this because to admit that they were wrong about 241 00:14:22,000 --> 00:14:24,320 Speaker 2: this is to admit that you and me and all 242 00:14:24,320 --> 00:14:28,280 Speaker 2: of you listening we saw the obvious all along and they're. 243 00:14:28,320 --> 00:14:31,440 Speaker 2: The idiots and they won't they won't, admit that just 244 00:14:31,480 --> 00:14:33,800 Speaker 2: like it's like, masks CLAY, it's covid it's the same 245 00:14:33,840 --> 00:14:36,240 Speaker 2: thing all. Over again no matter how wrong, they are 246 00:14:36,280 --> 00:14:40,200 Speaker 2: they can't actually change, their minds not because just of the. 247 00:14:40,320 --> 00:14:42,960 Speaker 2: Arrogance involved that's a part. Of it but because that 248 00:14:43,040 --> 00:14:45,760 Speaker 2: means we, were right and that's unthinkable. To them the 249 00:14:45,840 --> 00:14:50,360 Speaker 2: troglodyte trumpers were right on gender. Can't be it, can't 250 00:14:50,360 --> 00:14:53,160 Speaker 2: be so clay would rock their. Whole world but we. 251 00:14:53,280 --> 00:14:57,920 Speaker 2: Are right isn't? That interesting and if you are somebody 252 00:14:57,960 --> 00:15:00,800 Speaker 2: who hasn't put a portion of your savings timent account 253 00:15:00,800 --> 00:15:04,240 Speaker 2: into gold, or silver let's work on. Changing. That okay 254 00:15:04,840 --> 00:15:07,160 Speaker 2: the long term thesis for gold and silver is. Very 255 00:15:07,200 --> 00:15:09,840 Speaker 2: strong look at what gold has done in the twenty 256 00:15:09,880 --> 00:15:12,360 Speaker 2: first century and going back twenty, five years look what 257 00:15:12,400 --> 00:15:16,520 Speaker 2: silver has done over the same period, of time multiples multiples, 258 00:15:16,640 --> 00:15:20,600 Speaker 2: of increase and gold continues to rock it, up up 259 00:15:20,760 --> 00:15:23,640 Speaker 2: up over sixty percent. Last year this isn't about day 260 00:15:23,680 --> 00:15:25,960 Speaker 2: to day, price though. My friends this is about a long. 261 00:15:26,080 --> 00:15:29,760 Speaker 2: Term thesis is gold a precious metal that has been 262 00:15:29,800 --> 00:15:32,720 Speaker 2: valuable for all of? Human civilization? And silver are they 263 00:15:32,760 --> 00:15:34,880 Speaker 2: going to be more valuable in the future with the 264 00:15:34,920 --> 00:15:39,360 Speaker 2: money printing and the nonsense going on with central governments and? Instability, 265 00:15:40,480 --> 00:15:44,240 Speaker 2: globally yes yes they. Will be and this Is Why 266 00:15:44,360 --> 00:15:46,680 Speaker 2: Birch gold group wants you to get some gold and 267 00:15:46,760 --> 00:15:50,560 Speaker 2: Silver until. January thirtieth if you are a first time, 268 00:15:50,600 --> 00:15:53,280 Speaker 2: Gold Buyer birch gold's offering a rebate of up at 269 00:15:53,280 --> 00:15:56,240 Speaker 2: ten thousand dollars on. Qualifying purchases if that gets your 270 00:15:56,240 --> 00:15:59,200 Speaker 2: attention and, it should claim eligibility and start, the process 271 00:15:59,440 --> 00:16:02,280 Speaker 2: just text My Name buck do ninety eight ninety eight. 272 00:16:02,360 --> 00:16:04,360 Speaker 2: Ninety Eight birch cold can help you roll IN existing 273 00:16:04,440 --> 00:16:07,480 Speaker 2: ira or four OH one k INTO an ira and 274 00:16:07,480 --> 00:16:09,560 Speaker 2: gold and you're still eligible for a rebate of up ten. 275 00:16:09,600 --> 00:16:12,240 Speaker 2: Thousand dollars make right now your first time to buy 276 00:16:12,280 --> 00:16:13,960 Speaker 2: gold and take advantage of a rebate of up a 277 00:16:14,040 --> 00:16:17,480 Speaker 2: ten thousand dollars when. You Buy by. January thirtieth to, 278 00:16:17,520 --> 00:16:20,000 Speaker 2: get started text My Name buck do ninety eight ninety eight. 279 00:16:20,080 --> 00:16:24,440 Speaker 2: Ninety eight claim your eligibility Today text buck to ninety 280 00:16:24,480 --> 00:16:25,240 Speaker 2: eight ninety eight. 281 00:16:25,360 --> 00:16:28,920 Speaker 3: Ninety eight want to begin to know when you're on? 282 00:16:29,000 --> 00:16:33,400 Speaker 3: The Go the team forty Seven podcast trump highlights from 283 00:16:33,400 --> 00:16:36,240 Speaker 3: The week sundays At noon eastern in The Clay in Buck. 284 00:16:36,320 --> 00:16:40,040 Speaker 3: Podcast feed find it On the iHeartRadio amp or wherever 285 00:16:40,080 --> 00:16:40,400 Speaker 3: you get. 286 00:16:40,400 --> 00:16:44,480 Speaker 2: Your podcasts welcome back in here to Play, And buck 287 00:16:44,520 --> 00:16:46,240 Speaker 2: we definitely want to get to some of your calls 288 00:16:46,440 --> 00:16:48,320 Speaker 2: and so let us up here eight hundred two way 289 00:16:48,320 --> 00:16:50,840 Speaker 2: two two eight a two emails and all the rest. 290 00:16:50,840 --> 00:16:52,320 Speaker 2: Of it also want to tell you to please subscribe 291 00:16:52,360 --> 00:16:56,720 Speaker 2: on our YouTube channel YouTube dot com Slash playin buck 292 00:16:57,840 --> 00:17:00,200 Speaker 2: and if, you do you can SEE that i went 293 00:17:00,240 --> 00:17:03,560 Speaker 2: To My cuban americans HERE and i got a. New 294 00:17:03,640 --> 00:17:06,280 Speaker 2: Dude and, CLAY says i Look very miami, right. 295 00:17:06,160 --> 00:17:10,040 Speaker 1: Now very miami, and honestly. VERY youthful i actually also 296 00:17:10,200 --> 00:17:12,840 Speaker 1: said my teenage boys would. 297 00:17:12,880 --> 00:17:15,200 Speaker 2: BE jealous i think of the haircut that you have. 298 00:17:15,359 --> 00:17:18,840 Speaker 1: Just gotten you would be, very popular very popular in 299 00:17:18,880 --> 00:17:20,879 Speaker 1: their high school. Right now if you, rolled in you 300 00:17:20,880 --> 00:17:23,639 Speaker 1: would definitely be the cool teacher. With it it's not quite, 301 00:17:23,680 --> 00:17:26,119 Speaker 1: broccoli hair as the boys call it, these days but 302 00:17:26,160 --> 00:17:27,600 Speaker 1: it Is definitely. 303 00:17:27,080 --> 00:17:29,159 Speaker 2: It's Like a miami FADE that. I got i just 304 00:17:29,200 --> 00:17:31,359 Speaker 2: went in and, just said make, my hair and this is, 305 00:17:31,359 --> 00:17:31,840 Speaker 2: what happened. 306 00:17:31,920 --> 00:17:33,920 Speaker 1: KID hair i haven't gotten a haircut in a, long 307 00:17:33,960 --> 00:17:35,959 Speaker 1: TIME so i do not have cool. Kid hair, but 308 00:17:36,080 --> 00:17:39,480 Speaker 1: yes you would one hundred percent be very popular. 309 00:17:39,520 --> 00:17:42,199 Speaker 2: In teenage i'm a little sad right now because you 310 00:17:42,240 --> 00:17:45,480 Speaker 2: have Trimmed Your santa claus beard and the white puffiness. 311 00:17:45,560 --> 00:17:49,199 Speaker 1: You, haven't, okay no it's. COMING in i have not 312 00:17:49,720 --> 00:17:54,160 Speaker 1: shaved my Beard since. December nineteenth THIS is. I think 313 00:17:54,200 --> 00:17:56,600 Speaker 1: you keep letting it go like College shake. Mohammed style 314 00:17:56,640 --> 00:17:58,639 Speaker 1: you see his beard after he was in custody for a. 315 00:17:58,680 --> 00:18:01,000 Speaker 1: Few years, oh yeah tell me what's gonna? Look like 316 00:18:01,359 --> 00:18:04,000 Speaker 1: just let, it roll. All right both our families own. 317 00:18:04,119 --> 00:18:07,240 Speaker 2: Rapid radios these devices look and operate like the old 318 00:18:07,240 --> 00:18:09,520 Speaker 2: school walkie talkies we play with, His kids but these. 319 00:18:09,520 --> 00:18:11,920 Speaker 2: Aren't toys when you buy a set of, rapid radios 320 00:18:11,960 --> 00:18:14,520 Speaker 2: you're ensuring you have a backup way of communicating, with, 321 00:18:14,560 --> 00:18:17,720 Speaker 2: family friends or, co workers or just a super. Convenient 322 00:18:17,720 --> 00:18:20,639 Speaker 2: one rapid radios are super helpful if there is a 323 00:18:20,680 --> 00:18:24,639 Speaker 2: service disruption or. 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Dot com welcome 333 00:18:55,560 --> 00:18:59,720 Speaker 2: Back In play Travis bought. Sexton show we think all 334 00:18:59,760 --> 00:19:01,560 Speaker 2: of you you for hanging out. 335 00:19:01,600 --> 00:19:04,680 Speaker 1: With us we are talking about a lot of different 336 00:19:05,480 --> 00:19:07,320 Speaker 1: stories out there that. 337 00:19:07,280 --> 00:19:08,680 Speaker 2: Continue to get Much. 338 00:19:08,720 --> 00:19:13,760 Speaker 1: Attention Minneapolis The supreme court decision coming now in the 339 00:19:13,760 --> 00:19:16,199 Speaker 1: wake of the oral arguments that were heard in the 340 00:19:16,320 --> 00:19:22,280 Speaker 1: trans sports. Related Issue, but buck you said as, WE 341 00:19:22,280 --> 00:19:24,280 Speaker 1: were i think it was the last hour right before 342 00:19:24,320 --> 00:19:28,679 Speaker 1: We Had Senator ted cruz on we were discussing the 343 00:19:28,760 --> 00:19:35,399 Speaker 1: credit card debt idea and the, In Particular president trump 344 00:19:35,440 --> 00:19:40,800 Speaker 1: tweeted that he was going to try to cap credit 345 00:19:40,880 --> 00:19:45,000 Speaker 1: card interest rates at. Ten percent, RIGHT now i believe 346 00:19:45,080 --> 00:19:48,800 Speaker 1: the interest rates have crept up often north of twenty 347 00:19:48,880 --> 00:19:52,199 Speaker 1: percent is the current credit. Card Rate so i've got 348 00:19:52,240 --> 00:19:56,199 Speaker 1: a couple of thoughts. On this, To, me basically what 349 00:19:56,240 --> 00:19:58,679 Speaker 1: we talk about when we talk about credit card interest 350 00:19:58,760 --> 00:20:03,760 Speaker 1: rates is what is the rate that we will allow. 351 00:20:03,800 --> 00:20:05,080 Speaker 2: To Happen right. 352 00:20:05,040 --> 00:20:08,840 Speaker 1: Because we're basically capping them at twenty five percent ish 353 00:20:09,000 --> 00:20:11,920 Speaker 1: and saying that's as high as we will allow them. 354 00:20:11,920 --> 00:20:13,359 Speaker 2: TO get i think they're capped to thirty. 355 00:20:13,400 --> 00:20:16,000 Speaker 1: Six percent thirty six percent is that as high as 356 00:20:16,040 --> 00:20:20,120 Speaker 1: it's allowed under traditional? CREDIT cards I mean I think 357 00:20:20,160 --> 00:20:22,160 Speaker 1: i have credit cards that are at like, Twenty NINE 358 00:20:22,240 --> 00:20:25,840 Speaker 1: so i mean it's definitely higher than just like twenty 359 00:20:25,880 --> 00:20:27,000 Speaker 1: it's it's upwards of. 360 00:20:27,040 --> 00:20:29,040 Speaker 2: Thirty percent it may partly be state. 361 00:20:29,119 --> 00:20:32,120 Speaker 1: DETERMINANT too i will be honest with everybody, OUT there 362 00:20:32,200 --> 00:20:36,000 Speaker 1: i am not an expert on credit card interest rates 363 00:20:36,160 --> 00:20:38,560 Speaker 1: or what the rates are that, are ALLOWED and i 364 00:20:38,600 --> 00:20:41,680 Speaker 1: know they're different depending on where you might live or 365 00:20:42,720 --> 00:20:46,800 Speaker 1: what your overall credit. Rate is first, OF all i 366 00:20:46,840 --> 00:20:49,240 Speaker 1: don't know that the president has the authority to be 367 00:20:49,280 --> 00:20:53,160 Speaker 1: able to do. THIS legally i know there's bills out 368 00:20:53,160 --> 00:20:58,480 Speaker 1: there that would potentially. Cap This ted, cruz, said hey here's. 369 00:20:58,520 --> 00:21:00,640 Speaker 1: My concern he was just on with the last hour 370 00:21:00,720 --> 00:21:03,240 Speaker 1: when you asked him the, next question to what extent 371 00:21:03,280 --> 00:21:06,480 Speaker 1: does that curtail the amount of interest that is available in. 372 00:21:06,560 --> 00:21:08,720 Speaker 1: The MARKET because i think what the credit card companies 373 00:21:08,720 --> 00:21:11,439 Speaker 1: would argue is the reason we have to have rates 374 00:21:11,440 --> 00:21:14,200 Speaker 1: that high is because if we're going to extend credit 375 00:21:14,240 --> 00:21:17,199 Speaker 1: to people that may not pay, us back we have 376 00:21:17,280 --> 00:21:20,320 Speaker 1: to have an ability to make sure that we make 377 00:21:20,520 --> 00:21:23,560 Speaker 1: the best possible profit that we can to alleviate the 378 00:21:23,680 --> 00:21:28,960 Speaker 1: risk that comes with making a credit card credit available. To, 379 00:21:29,359 --> 00:21:32,840 Speaker 1: everyone now you just said buck your credit card interest 380 00:21:32,880 --> 00:21:34,840 Speaker 1: rate you think is twenty nine percent on your. CREDIT 381 00:21:34,920 --> 00:21:37,680 Speaker 1: card i don't even know what my credit card. INTEREST 382 00:21:37,720 --> 00:21:40,440 Speaker 1: are i think THAT'S if i miss. A, payment yeah 383 00:21:40,480 --> 00:21:43,040 Speaker 1: then they jacket they skyrocket it up if you miss. 384 00:21:43,119 --> 00:21:45,879 Speaker 2: One payment they've changed some of. THIS stuff, i, Mean 385 00:21:45,920 --> 00:21:49,000 Speaker 2: look i'll just tell YOU this. I have i was 386 00:21:49,000 --> 00:21:51,200 Speaker 2: in my thirties and had a net worth in the 387 00:21:51,320 --> 00:21:54,879 Speaker 2: hundreds of dollars. At, once, Yes okay so this is, 388 00:21:54,920 --> 00:21:57,760 Speaker 2: not LIKE oh i always. PAID much i had basically 389 00:21:58,040 --> 00:22:03,320 Speaker 2: a paycheck to paycheck existence until like five, years ago 390 00:22:03,840 --> 00:22:07,640 Speaker 2: maybe six, years ago something. Like that So what i'm 391 00:22:07,640 --> 00:22:10,000 Speaker 2: SAYING is i never carried a credit card balance that. 392 00:22:10,160 --> 00:22:13,919 Speaker 2: Entire time never once did you just pay cash or 393 00:22:13,960 --> 00:22:16,240 Speaker 2: you had a. DEBIT card i just paid it off, 394 00:22:16,240 --> 00:22:19,000 Speaker 2: every month, EVERY month i paid off my. Credit, card, 395 00:22:19,160 --> 00:22:21,840 Speaker 2: okay yeah not that you didn't use Credit cards and 396 00:22:21,880 --> 00:22:23,439 Speaker 2: you say you didn't have, A balance you mean you 397 00:22:23,600 --> 00:22:26,000 Speaker 2: paid it off? Every month you get sure that it 398 00:22:26,040 --> 00:22:28,600 Speaker 2: Was not I'M saying I never i never ran up 399 00:22:28,840 --> 00:22:31,639 Speaker 2: a debt on credit. Card COMPANIES when i had no 400 00:22:31,760 --> 00:22:33,600 Speaker 2: money and when it would have been a lot of 401 00:22:33,640 --> 00:22:36,160 Speaker 2: fun to go buy like A New, JET ski i did. 402 00:22:36,160 --> 00:22:36,240 Speaker 4: Not. 403 00:22:36,320 --> 00:22:38,919 Speaker 2: Do, NO yeah i understand some people, it's grocery some 404 00:22:38,960 --> 00:22:41,160 Speaker 2: PEOPLE it's i get, all this but But what i'm 405 00:22:41,160 --> 00:22:46,640 Speaker 2: pointing out is you you really don't want to run 406 00:22:46,720 --> 00:22:49,040 Speaker 2: up credit card debt and it should be something that 407 00:22:49,080 --> 00:22:53,080 Speaker 2: people are far more educated on because the rates are 408 00:22:53,119 --> 00:22:57,359 Speaker 2: super high and it is non dischargeable, in bankruptcy which 409 00:22:57,400 --> 00:23:00,359 Speaker 2: is the other part. Of THIS so i been on. 410 00:23:00,400 --> 00:23:03,320 Speaker 2: BOTH sides i also think that some of the credit 411 00:23:03,359 --> 00:23:05,640 Speaker 2: cards stuff that. THEY do i actually got hit by 412 00:23:05,640 --> 00:23:07,640 Speaker 2: this ONCE when i was in. My twenties they would 413 00:23:07,760 --> 00:23:11,520 Speaker 2: change the. Due dates, oh yeah kind. Of Arbitrarily so 414 00:23:11,560 --> 00:23:13,600 Speaker 2: i'm just gonna. Be clear the credit card companies have 415 00:23:13,680 --> 00:23:16,359 Speaker 2: engaged in predatory behavior that, has happened that has been 416 00:23:16,359 --> 00:23:19,560 Speaker 2: a real thing in. Recent years they have had to 417 00:23:19,560 --> 00:23:22,040 Speaker 2: be they have had to been told stop acting like 418 00:23:22,080 --> 00:23:26,080 Speaker 2: a loan. Shark, mobster okay moving the do date around 419 00:23:26,200 --> 00:23:29,800 Speaker 2: in the hopes that somebody's auto payment is then late 420 00:23:29,880 --> 00:23:31,720 Speaker 2: and then they can hit you with the THIRTY. Percent 421 00:23:31,760 --> 00:23:36,439 Speaker 2: apr that's, A, scumbag honestly, fraudulent move like it's fraud to, 422 00:23:36,440 --> 00:23:38,640 Speaker 2: do this and the credit card companies had to, get 423 00:23:38,720 --> 00:23:41,040 Speaker 2: hit had to get slapped, With that so they're not the. 424 00:23:41,080 --> 00:23:43,399 Speaker 2: Good guys i'm not taking to the. Good guys But 425 00:23:43,520 --> 00:23:48,639 Speaker 2: What ted cruz says is. Also true if people need access, 426 00:23:48,720 --> 00:23:53,439 Speaker 2: to credit what are you going? To, do like you 427 00:23:53,440 --> 00:23:55,600 Speaker 2: get into this moral, hazard thing like what do you 428 00:23:55,640 --> 00:23:59,280 Speaker 2: do if somebody needs to have an emergency thousand dollars 429 00:23:59,280 --> 00:24:02,159 Speaker 2: that they can go to their credit card for whenever something, 430 00:24:02,200 --> 00:24:05,320 Speaker 2: comes up what are you. Gonna do you're gonna force 431 00:24:05,359 --> 00:24:07,560 Speaker 2: people to give them. The money you're gonna. Force people 432 00:24:07,560 --> 00:24:09,199 Speaker 2: you're gonna force credit cards to try to give a 433 00:24:09,200 --> 00:24:11,919 Speaker 2: Litwer rit by, the way it's just. Gonna be it's like. 434 00:24:11,960 --> 00:24:14,239 Speaker 2: Price controls they're gonna squeeze at one end and then 435 00:24:14,280 --> 00:24:16,159 Speaker 2: you're gonna get squeezing at the. Other end this is 436 00:24:16,160 --> 00:24:18,040 Speaker 2: what ends. Up happening the money has to come. FROM 437 00:24:18,040 --> 00:24:19,280 Speaker 2: somewhere i. 438 00:24:19,200 --> 00:24:23,600 Speaker 1: Would also point out banks will screw you at every 439 00:24:23,640 --> 00:24:26,960 Speaker 1: opportunity that they. Can too so a lot of people, 440 00:24:27,040 --> 00:24:30,800 Speaker 1: talk about, you know unfair fees that are hitting them on. 441 00:24:30,920 --> 00:24:34,840 Speaker 1: Credit cards banks hit you on unfair fees all, the. 442 00:24:34,920 --> 00:24:39,719 Speaker 1: Time too my number one advice to the extent that 443 00:24:39,760 --> 00:24:43,280 Speaker 1: you can you can do it IS and i think 444 00:24:43,320 --> 00:24:46,359 Speaker 1: most a lot of financial advisors out there would, say 445 00:24:46,359 --> 00:24:49,879 Speaker 1: this you are way less likely to spend money if you, 446 00:24:50,000 --> 00:24:54,080 Speaker 1: use cash because in, your brain this is just the 447 00:24:54,080 --> 00:24:58,679 Speaker 1: way we're all. Wired cash you feel it in a 448 00:24:58,720 --> 00:25:01,200 Speaker 1: way that you do not when it comes to paying 449 00:25:01,280 --> 00:25:04,240 Speaker 1: with a. Credit card and the reason why the credit 450 00:25:04,240 --> 00:25:09,320 Speaker 1: card industry works is because people live beyond their means and. 451 00:25:09,240 --> 00:25:10,160 Speaker 2: They take advantage. 452 00:25:10,200 --> 00:25:13,040 Speaker 1: Of you you ever fly on, an airplane you ever 453 00:25:13,160 --> 00:25:16,000 Speaker 1: notice how often they walk around trying to get you 454 00:25:16,080 --> 00:25:20,280 Speaker 1: to sign up for credit cards on. An airplane it's 455 00:25:20,400 --> 00:25:24,840 Speaker 1: because the airlines now make as much money just about 456 00:25:24,880 --> 00:25:28,639 Speaker 1: off their credit cards as they do actually off of the. 457 00:25:28,760 --> 00:25:32,000 Speaker 1: Airline itself it's one of the craziest things. Out there 458 00:25:32,800 --> 00:25:35,719 Speaker 1: if you're ever on a, college campus the reason why 459 00:25:35,760 --> 00:25:38,200 Speaker 1: they're trying to give you away a sweatshirt to get 460 00:25:38,240 --> 00:25:40,760 Speaker 1: you to sign up is because they know what the 461 00:25:40,920 --> 00:25:45,400 Speaker 1: long term value of this is going to create, for 462 00:25:45,520 --> 00:25:48,760 Speaker 1: them because the numbers are the numbers a little bit like. 463 00:25:48,800 --> 00:25:52,760 Speaker 1: A casino once they get you, signed up they know 464 00:25:52,920 --> 00:25:54,920 Speaker 1: that you're going to be worth a decent amount to them. 465 00:25:54,960 --> 00:25:57,520 Speaker 1: Going FORWARD now i, SAID it i don't Know that 466 00:25:57,560 --> 00:25:58,840 Speaker 1: trump has the ability to. 467 00:25:58,880 --> 00:25:59,000 Speaker 2: Do. 468 00:25:59,040 --> 00:26:02,359 Speaker 1: It WELL what i will is this in Conjunction with 469 00:26:02,480 --> 00:26:05,480 Speaker 1: trump last week talking about trying to limit the number 470 00:26:05,560 --> 00:26:09,240 Speaker 1: of homes that people, could buy meaning big companies buying 471 00:26:09,320 --> 00:26:12,840 Speaker 1: up all. The homes This is trump PIVOTING because i 472 00:26:12,880 --> 00:26:16,600 Speaker 1: think his team has recognized that the twenty twenty sixth 473 00:26:16,600 --> 00:26:20,000 Speaker 1: election is going to be decided, on affordability and people 474 00:26:20,000 --> 00:26:22,400 Speaker 1: are angry over how much prices went Up During, joe 475 00:26:22,400 --> 00:26:26,760 Speaker 1: biden and so sometimes you put out policies that are 476 00:26:26,800 --> 00:26:30,359 Speaker 1: populist in nature that don't necessarily have a chance, of 477 00:26:30,400 --> 00:26:33,400 Speaker 1: happening just to show people that you're listening to them 478 00:26:33,440 --> 00:26:33,960 Speaker 1: and hearing. 479 00:26:34,000 --> 00:26:36,760 Speaker 2: Their complaints that's. Exactly right that's what this Is the. 480 00:26:36,760 --> 00:26:40,639 Speaker 2: Trump gambit This is trump saying something that's going to 481 00:26:40,680 --> 00:26:44,520 Speaker 2: do a few things without getting into the details, right 482 00:26:44,560 --> 00:26:51,240 Speaker 2: now because he's moving the focus and changing the. Pressure 483 00:26:51,320 --> 00:26:55,760 Speaker 2: here so you Point out clay people feel like credit, 484 00:26:55,800 --> 00:26:57,520 Speaker 2: card companies and THAT'S why i SAID what i. Said 485 00:26:57,520 --> 00:26:59,440 Speaker 2: BEFORE but i will tell you. Guys something this is actually, 486 00:26:59,440 --> 00:27:02,800 Speaker 2: a personal. Personal anecdote this is TRUE when i was IN, 487 00:27:02,840 --> 00:27:05,399 Speaker 2: the CIA and I think i made thirty eight thousand 488 00:27:05,440 --> 00:27:07,560 Speaker 2: dollars my first year IN, the cia something. Like that 489 00:27:08,040 --> 00:27:11,080 Speaker 2: AND so i had no money and MY parent i 490 00:27:11,119 --> 00:27:13,000 Speaker 2: had no money set aside for me or anything. Like, 491 00:27:13,040 --> 00:27:14,720 Speaker 2: that OKAY so i just started my job AT. THE 492 00:27:14,760 --> 00:27:19,560 Speaker 2: cia i MOVED because i couldn't afford the rent increase 493 00:27:19,560 --> 00:27:22,200 Speaker 2: in the, initial apartment which was the cheapest studio apartment 494 00:27:22,240 --> 00:27:25,159 Speaker 2: in this massive building LIVING. IN dc, i Moved and 495 00:27:25,240 --> 00:27:28,320 Speaker 2: Capital ONE clay i had a, zero BALANCE because i 496 00:27:28,359 --> 00:27:32,919 Speaker 2: always had a. Zero Balance capital one sent via snail 497 00:27:32,920 --> 00:27:37,560 Speaker 2: mail to my old address a five dollars account. CLOSING 498 00:27:37,720 --> 00:27:40,879 Speaker 2: charge i had never, you know was this in the 499 00:27:40,880 --> 00:27:43,560 Speaker 2: fine print of my? Contract? Somewhere. Yeah WHATEVER but i 500 00:27:43,600 --> 00:27:45,919 Speaker 2: shut down the credit CARD when i MOVED because i, 501 00:27:45,920 --> 00:27:47,280 Speaker 2: WAS like i never used. This card it was an 502 00:27:47,280 --> 00:27:49,200 Speaker 2: emergency card that my parents set up for ME when 503 00:27:49,200 --> 00:27:51,040 Speaker 2: i was in COLLEGE that i actually never used. One 504 00:27:51,080 --> 00:27:53,520 Speaker 2: time it, was like use this if, you know you break, 505 00:27:53,520 --> 00:27:54,080 Speaker 2: your leg you're in. 506 00:27:54,119 --> 00:27:55,960 Speaker 1: The er he, was like that's a great the glass. 507 00:27:56,000 --> 00:27:58,280 Speaker 1: Emergency card you, Need money and, YOU know. 508 00:27:58,359 --> 00:28:00,160 Speaker 2: I realized i had a five hundred, dollars limit which 509 00:28:00,160 --> 00:28:02,000 Speaker 2: isn't a hell of an emergency let's. Be HONEST so 510 00:28:02,600 --> 00:28:05,040 Speaker 2: i shut. It down they sent a five dollars charge 511 00:28:05,080 --> 00:28:07,720 Speaker 2: to shut. IT down I found i heard nothing. ABOUT 512 00:28:07,720 --> 00:28:10,960 Speaker 2: this i got a call eighteen months later from a 513 00:28:10,960 --> 00:28:14,959 Speaker 2: collection AGENCY saying i owed them like three hundred dollars 514 00:28:15,000 --> 00:28:20,600 Speaker 2: now and my credit was wrecked over. Five dollars that 515 00:28:21,119 --> 00:28:24,639 Speaker 2: the notification they sent was. Completely unsatisfactory they could have. 516 00:28:24,680 --> 00:28:26,840 Speaker 2: Emailed me they never. EMAILED me i mean they were 517 00:28:26,840 --> 00:28:29,879 Speaker 2: A whole credit card companies act like, scumbag sometimes is. 518 00:28:29,880 --> 00:28:31,679 Speaker 2: My point that was A total that was a total. 519 00:28:31,800 --> 00:28:34,560 Speaker 2: Scumbag move this is twenty, years ago and they will 520 00:28:34,600 --> 00:28:36,640 Speaker 2: screw you on your, credit. 521 00:28:36,440 --> 00:28:40,960 Speaker 1: Rating which is ultimately probably the number one most valuable 522 00:28:41,120 --> 00:28:44,360 Speaker 1: financial asset that most of. Us have and a lot 523 00:28:44,360 --> 00:28:47,480 Speaker 1: of times you have like parking ticket, on there or 524 00:28:47,520 --> 00:28:51,360 Speaker 1: you've got a cancelation fee on there that they're tanking. 525 00:28:51,400 --> 00:28:55,760 Speaker 2: You with this was the only missed payment of any 526 00:28:55,880 --> 00:28:59,680 Speaker 2: kind LIKE this i have ever had of. Any kind i've, 527 00:28:59,680 --> 00:29:02,560 Speaker 2: Always look i'm gonna be honest. With you he's a. 528 00:29:02,560 --> 00:29:04,800 Speaker 2: COMPETITOR already i Love The dave ramsey approach. On this 529 00:29:05,000 --> 00:29:08,120 Speaker 2: i'm very, you know pay cash when, you can you're 530 00:29:08,120 --> 00:29:11,960 Speaker 2: not caring. A balance the whole point is the discipline 531 00:29:12,360 --> 00:29:16,600 Speaker 2: it's supposed to. Be hard it's supposed to be frustrating 532 00:29:17,080 --> 00:29:20,960 Speaker 2: that you can't buy the jet ski. Right, now okay, 533 00:29:21,280 --> 00:29:24,120 Speaker 2: you save you figure, it out you get there the. 534 00:29:24,240 --> 00:29:28,400 Speaker 2: Right way you don't go buy that, you Know that 535 00:29:28,520 --> 00:29:32,720 Speaker 2: firebird OR that i, don't know, You Know ford mustang 536 00:29:32,800 --> 00:29:35,560 Speaker 2: that goes room broom room super loud and pay like 537 00:29:35,560 --> 00:29:38,080 Speaker 2: a TWENTY percent apr on the money like That's in. 538 00:29:38,240 --> 00:29:42,080 Speaker 2: You can't these are. Bad, decisions okay they're. Bad decisions 539 00:29:42,120 --> 00:29:45,160 Speaker 2: so at some point or at, some level you want 540 00:29:45,200 --> 00:29:49,280 Speaker 2: people to be disincentivized from doing some of. THESE things 541 00:29:49,360 --> 00:29:53,320 Speaker 2: A high apr. Does That but i'm JUST saying i also, 542 00:29:53,480 --> 00:29:56,480 Speaker 2: understand this why is it? Non dischargeable but they would 543 00:29:56,520 --> 00:29:58,560 Speaker 2: say if it wasn't, non dischargeable that would have to 544 00:29:58,600 --> 00:30:00,680 Speaker 2: then factor into the. Risk, profile well and you'd have 545 00:30:00,760 --> 00:30:02,960 Speaker 2: the same problem of not having the. Higher rates this 546 00:30:03,000 --> 00:30:05,880 Speaker 2: is a. Complicated issue but here On trump clay due to, 547 00:30:05,960 --> 00:30:07,520 Speaker 2: your POINT because i think. It's Brilliant, WH sorry i 548 00:30:07,840 --> 00:30:10,080 Speaker 2: just got fired UP because i still. REMEMBER opening i 549 00:30:10,120 --> 00:30:13,280 Speaker 2: still remember that call from the collection AGENCY and i was, 550 00:30:13,320 --> 00:30:15,000 Speaker 2: just like, you scumbags, YOU know. 551 00:30:15,120 --> 00:30:19,560 Speaker 1: I had an experience that where it is, completely unfair 552 00:30:19,680 --> 00:30:21,640 Speaker 1: and they're going to take advantage. Of You and, i'm 553 00:30:21,680 --> 00:30:23,040 Speaker 1: Like and, i'm like my credits are rum the credit 554 00:30:23,120 --> 00:30:25,240 Speaker 1: card company is getting like a sixty x return on 555 00:30:25,320 --> 00:30:28,160 Speaker 1: five dollars, for nothing for literally nothing for shutting down. 556 00:30:28,160 --> 00:30:32,040 Speaker 1: An account as, Absurd anyway, AND yeah I think i 557 00:30:32,320 --> 00:30:35,520 Speaker 1: wouldn't have qualified For A fannie may loan based on 558 00:30:35,520 --> 00:30:37,400 Speaker 1: this one thing at. That time that's how bad, it 559 00:30:37,520 --> 00:30:39,360 Speaker 1: was because it had gone on for like, a year 560 00:30:39,360 --> 00:30:41,280 Speaker 1: and once it, goes on once it goes beyond, ninety days. 561 00:30:41,320 --> 00:30:45,240 Speaker 1: You're screwed my Point is trump, understands this and he 562 00:30:45,360 --> 00:30:47,480 Speaker 1: knows that he's putting heat on the credit, card companies 563 00:30:47,920 --> 00:30:50,280 Speaker 1: and he knows whether he has the right or rather 564 00:30:50,320 --> 00:30:54,200 Speaker 1: the legal ability, Or, not clay he has the political 565 00:30:54,200 --> 00:30:57,000 Speaker 1: ability right now and maybe get some concessions out, of 566 00:30:57,040 --> 00:30:58,640 Speaker 1: them maybe get them to not do some of the 567 00:30:58,680 --> 00:31:01,160 Speaker 1: grosser stuff, they do maybe move them in the. Right 568 00:31:01,200 --> 00:31:03,440 Speaker 1: direction so That's the trump GAMBIT as i. SEE it 569 00:31:03,720 --> 00:31:07,440 Speaker 1: i would also, point out we're basically making a policy 570 00:31:07,560 --> 00:31:13,240 Speaker 1: decision on what we're allowing the credit card companies to 571 00:31:13,280 --> 00:31:16,120 Speaker 1: set their. Rates at, we're, saying like you couldn't have 572 00:31:16,200 --> 00:31:18,880 Speaker 1: a seventy five percent interest rates on a, credit, card 573 00:31:18,920 --> 00:31:22,720 Speaker 1: right we wouldn't, allow it so to some extent it 574 00:31:22,960 --> 00:31:26,400 Speaker 1: is just a policy Choice because i'm, sure look credit 575 00:31:26,400 --> 00:31:29,000 Speaker 1: card companies would take a seventy five percent interest rate 576 00:31:29,040 --> 00:31:32,080 Speaker 1: if they could RIGHT. Yearly apr they would take it 577 00:31:32,120 --> 00:31:35,560 Speaker 1: as high as they. Possibly can this is to where, People, 578 00:31:35,600 --> 00:31:38,920 Speaker 1: say okay we're going to, balance This and trump, is 579 00:31:38,920 --> 00:31:41,120 Speaker 1: saying to, his credit this is a one, year thing 580 00:31:41,680 --> 00:31:44,800 Speaker 1: which also looks even. More political right to, Be, fair 581 00:31:44,960 --> 00:31:47,840 Speaker 1: oh the one year happens to correspond with, the midterm 582 00:31:47,920 --> 00:31:50,920 Speaker 1: when you'll be on the ballot basically for the last 583 00:31:50,920 --> 00:31:54,920 Speaker 1: time of your. Political, career again it's political. IN nature 584 00:31:55,040 --> 00:31:58,680 Speaker 1: i think it's acknowledging affordability. Related issues i'm not sure 585 00:31:58,680 --> 00:32:02,200 Speaker 1: how impactful in terms of getting it to. 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Laughs, Too 610 00:33:29,840 --> 00:33:30,960 Speaker 2: clay Travis And. 611 00:33:31,160 --> 00:33:34,560 Speaker 3: Buck sexton find them on The free iHeartRadio app or 612 00:33:34,680 --> 00:33:35,600 Speaker 3: wherever you get. 613 00:33:35,640 --> 00:33:39,320 Speaker 2: Your Podcasts all right welcome Back into Clay. And buck 614 00:33:40,160 --> 00:33:41,960 Speaker 2: let's let's get into some of the credit. Card thing 615 00:33:42,000 --> 00:33:43,400 Speaker 2: it's one of these. To play it's a little bit 616 00:33:43,440 --> 00:33:47,640 Speaker 2: like the minimum. Wage conversation it sounds at first like it's, 617 00:33:47,760 --> 00:33:52,200 Speaker 2: uh oh it's like technical. And, financial no people really feel. 618 00:33:52,200 --> 00:33:54,960 Speaker 2: This one people the same way people really feel gas 619 00:33:54,960 --> 00:33:57,160 Speaker 2: prizes when. They're high when you get people fire off 620 00:33:57,160 --> 00:33:59,800 Speaker 2: about credit, card companies, especially BECAUSE like, I said i'm familiar, 621 00:33:59,800 --> 00:34:01,960 Speaker 2: with this that happened, to ME and i know credit 622 00:34:01,960 --> 00:34:04,000 Speaker 2: card companies have had to be slapped down because they're doing. 623 00:34:04,040 --> 00:34:07,000 Speaker 2: Scumbag stuff that's just the truth. They have you can 624 00:34:07,000 --> 00:34:08,239 Speaker 2: go back and look. At this they've had to pay 625 00:34:08,239 --> 00:34:10,640 Speaker 2: different settlements, and things so they're not like the. Good 626 00:34:10,680 --> 00:34:12,879 Speaker 2: guys but we also kind of, need, Them right so 627 00:34:13,080 --> 00:34:16,360 Speaker 2: that's another part OF this. Bb Podcast listener Hank in 628 00:34:16,360 --> 00:34:19,560 Speaker 2: ANNAPOLIS play, Bb here hank Here. 629 00:34:19,600 --> 00:34:24,000 Speaker 5: In annapolis just responding to the credit. Card issue it, 630 00:34:24,280 --> 00:34:28,239 Speaker 5: sounds great ten percent interest rate for, one year but, 631 00:34:28,280 --> 00:34:30,680 Speaker 5: then people a lot of people will rack up huge 632 00:34:31,440 --> 00:34:34,080 Speaker 5: balances and then the credit cards go back up to 633 00:34:34,120 --> 00:34:37,319 Speaker 5: twenty and twenty. One percent then WHAT so i think 634 00:34:37,320 --> 00:34:39,359 Speaker 5: you better be careful what you wish for on. 635 00:34:39,400 --> 00:34:41,920 Speaker 2: This one. Not good that's actually a really. 636 00:34:41,960 --> 00:34:45,000 Speaker 1: Good point because many people have multi year credit, card 637 00:34:45,040 --> 00:34:47,600 Speaker 1: balances so it comes down to, ten percent maybe you 638 00:34:47,880 --> 00:34:49,399 Speaker 1: take on more because, they're like it's only. 639 00:34:49,440 --> 00:34:52,560 Speaker 2: Ten percent and then that was part of the that 640 00:34:52,680 --> 00:34:56,200 Speaker 2: was part of the mortgage meltdown with with mortgages where 641 00:34:56,239 --> 00:35:02,520 Speaker 2: people had a resetting VERY bl apr variable interest, rate 642 00:35:02,640 --> 00:35:05,960 Speaker 2: mortgage which is, so like at first your mortgage rateed 643 00:35:06,120 --> 00:35:08,040 Speaker 2: was like, two percent and then a few years in 644 00:35:08,080 --> 00:35:11,040 Speaker 2: it went. To, ten well, guess what it's really easy 645 00:35:11,040 --> 00:35:13,359 Speaker 2: to pay the, two percent but the ten starts, to bite? 646 00:35:13,440 --> 00:35:17,120 Speaker 2: Doesn't It and memphis wants to talk. About, this yep go, For, it. 647 00:35:18,760 --> 00:35:23,560 Speaker 4: HI guys i sat down with my ten year old 648 00:35:23,640 --> 00:35:28,000 Speaker 4: grandson last summer because he was asking for something and, he, 649 00:35:28,040 --> 00:35:29,800 Speaker 4: goes well you can just put it on your. Credit 650 00:35:29,840 --> 00:35:33,799 Speaker 4: CARD and, i. SAID okay, i said is this something you, 651 00:35:33,880 --> 00:35:36,719 Speaker 4: really want a want need or is this something you? 652 00:35:36,880 --> 00:35:36,960 Speaker 2: Just? 653 00:35:37,080 --> 00:35:39,279 Speaker 4: WANT well I would i don't, Want It and, i'm, 654 00:35:39,320 --> 00:35:42,200 Speaker 4: like okay let's let's go through. This EXERCISE and, I, 655 00:35:42,239 --> 00:35:44,439 Speaker 4: said hey you've got a three hundred dollars credit card 656 00:35:44,560 --> 00:35:47,279 Speaker 4: and you buy something for three hundred dollars and your 657 00:35:47,320 --> 00:35:50,440 Speaker 4: payment comes in and you only owe thirty five dollars 658 00:35:50,920 --> 00:35:54,160 Speaker 4: or your. MINIMUM payment, i, said now how much do 659 00:35:54,239 --> 00:35:56,640 Speaker 4: you owe to the credit? Card company and, he, said well, 660 00:35:56,640 --> 00:35:59,400 Speaker 4: that's easy two hundred and sixty. FIVE dollars i, said 661 00:35:59,520 --> 00:36:03,239 Speaker 4: no because we're going to add interest now on your 662 00:36:03,239 --> 00:36:06,040 Speaker 4: two hundred and sixty, five dollars so now you owe 663 00:36:06,080 --> 00:36:09,560 Speaker 4: us three hundred and. Ten dollars well that's, not Fair and, 664 00:36:09,600 --> 00:36:12,680 Speaker 4: i'm like you're, Getting, it, betty yep. 665 00:36:13,000 --> 00:36:16,520 Speaker 1: Well done i'm glad that bass, sat down because this 666 00:36:16,600 --> 00:36:18,920 Speaker 1: is one of The things BUCK that i think should 667 00:36:18,960 --> 00:36:24,720 Speaker 1: be standard in. Every school financial literacy based wiring ants should. 668 00:36:24,719 --> 00:36:26,960 Speaker 2: Be required they don't teach it because they want you 669 00:36:27,000 --> 00:36:29,480 Speaker 2: to be. Debt slaves this. Is true it's. Not conspiracy. 670 00:36:29,520 --> 00:36:33,360 Speaker 2: I'm sorry everyone should learn about, credit cards. Compound interest 671 00:36:33,440 --> 00:36:36,640 Speaker 2: everyone should learn, about mortgageants and you. Should mortgages you 672 00:36:36,640 --> 00:36:39,840 Speaker 2: should learn about this in like the. Ninth grade, and 673 00:36:39,920 --> 00:36:42,239 Speaker 2: yeah maybe it's complicated for, some people but they should 674 00:36:42,239 --> 00:36:44,240 Speaker 2: at least learn what they can. From it everybody should 675 00:36:44,280 --> 00:36:46,920 Speaker 2: learn about this stuff because otherwise you're paying for that 676 00:36:47,000 --> 00:36:49,440 Speaker 2: jet ski for the next. Fifty years