1 00:00:01,120 --> 00:00:05,880 Speaker 1: Morning Run with Amy and TJ and iHeartRadio Podcast. Good 2 00:00:05,880 --> 00:00:10,120 Speaker 1: morning everyone, and welcome to Morning Run. It is Friday, 3 00:00:10,240 --> 00:00:11,160 Speaker 1: September twelfth. 4 00:00:11,200 --> 00:00:14,440 Speaker 2: I'm Amy Roboch, I'm TJ Holmes. And the last thing 5 00:00:14,440 --> 00:00:17,560 Speaker 2: we said to each other folks before we started recording, was, man, 6 00:00:17,840 --> 00:00:22,079 Speaker 2: everything is heavy today, Like there's no light story. We 7 00:00:22,239 --> 00:00:24,040 Speaker 2: like to have some good news. I'm sure we could 8 00:00:24,079 --> 00:00:27,040 Speaker 2: dig and find something, but everything just seems there's been 9 00:00:27,080 --> 00:00:27,720 Speaker 2: a weighty week. 10 00:00:27,880 --> 00:00:31,200 Speaker 1: It's been a really heavy week, a tough week, and yeah, 11 00:00:31,200 --> 00:00:34,240 Speaker 1: we always try to look for some fun, light, uplifting 12 00:00:34,280 --> 00:00:38,040 Speaker 1: story in the news industry. We call them kickers, and 13 00:00:38,080 --> 00:00:43,680 Speaker 1: they're like an essential part of any rundown in any newsroom. 14 00:00:43,680 --> 00:00:45,840 Speaker 1: But we couldn't find any. You know what. The silver 15 00:00:45,880 --> 00:00:48,080 Speaker 1: lining at least is for those of us here in 16 00:00:48,080 --> 00:00:51,360 Speaker 1: New York, we have a gorgeous stretch of weather coming up, 17 00:00:51,440 --> 00:00:53,760 Speaker 1: and so I can lean on the fact that it's 18 00:00:53,800 --> 00:00:56,320 Speaker 1: going to be seventy nine and sunny today. 19 00:00:56,400 --> 00:00:58,480 Speaker 2: Yeah, this is just a it's been a difficult one. 20 00:00:58,480 --> 00:01:00,440 Speaker 2: It's been a difficult week, and certainly nine eleven, with 21 00:01:00,440 --> 00:01:03,560 Speaker 2: those commemorations, it just things felt a little heavy. So 22 00:01:03,600 --> 00:01:06,760 Speaker 2: we'll let you know what's going on out there? We saw, Robes. 23 00:01:06,800 --> 00:01:09,120 Speaker 2: One of the things that happened, we knew probably this 24 00:01:09,240 --> 00:01:12,240 Speaker 2: was eventually going to happen, that a hoax about a 25 00:01:12,280 --> 00:01:16,800 Speaker 2: shooter on a campus leads to an actual shooting. We'll 26 00:01:16,800 --> 00:01:19,039 Speaker 2: tell you what happened there. This is at the Naval Academy. 27 00:01:19,760 --> 00:01:22,360 Speaker 2: But let's start really this morning, Robes, Let's just get 28 00:01:22,400 --> 00:01:26,200 Speaker 2: right to it. Charlie Kirk. It is remarkable that as 29 00:01:26,280 --> 00:01:29,240 Speaker 2: high profile and as many eyes were on this thing, 30 00:01:29,360 --> 00:01:31,520 Speaker 2: on this case, and you know, the President of the 31 00:01:31,640 --> 00:01:36,160 Speaker 2: United States, once this killer caught immediately, that we are 32 00:01:36,200 --> 00:01:38,960 Speaker 2: now entering day three of this man hunt. 33 00:01:39,040 --> 00:01:41,840 Speaker 1: I would not have predicted that, especially with his image 34 00:01:41,880 --> 00:01:45,600 Speaker 1: being shown yesterday everywhere, and to wake up this morning, 35 00:01:45,680 --> 00:01:47,720 Speaker 1: the first thing we did was look at our phones 36 00:01:47,760 --> 00:01:50,480 Speaker 1: to see if he had been captured, but in fact, yes, 37 00:01:50,520 --> 00:01:53,840 Speaker 1: we begin our run in Utah, where the manhunt for 38 00:01:54,000 --> 00:01:57,040 Speaker 1: Charlie Kirk's killer does continue today. 39 00:01:57,120 --> 00:01:57,560 Speaker 2: So far. 40 00:01:58,120 --> 00:02:00,760 Speaker 1: Here's the thing, they don't even know, or at least 41 00:02:00,800 --> 00:02:04,800 Speaker 1: they haven't said they know who they're actually hunting. Police 42 00:02:04,840 --> 00:02:07,800 Speaker 1: are pleading with the public for help and identifying the 43 00:02:07,800 --> 00:02:11,400 Speaker 1: person of interest, and overnight they have released even more 44 00:02:11,520 --> 00:02:13,320 Speaker 1: video and more images. 45 00:02:13,040 --> 00:02:15,600 Speaker 2: And the one video, the primary one, you can't see 46 00:02:15,639 --> 00:02:18,960 Speaker 2: the person at least identifying markers on the person that 47 00:02:19,000 --> 00:02:20,880 Speaker 2: well because it's from a little bit of a distance, 48 00:02:20,919 --> 00:02:24,280 Speaker 2: but you can clearly see someone running across the roof. 49 00:02:24,600 --> 00:02:26,840 Speaker 2: Then they kind of scuttle down the side a little 50 00:02:26,880 --> 00:02:31,360 Speaker 2: bit and then jump fairly significant distance down to the ground, 51 00:02:31,680 --> 00:02:35,280 Speaker 2: then walk across a lawn, and this video you can 52 00:02:35,280 --> 00:02:37,959 Speaker 2: see the person wearing a backpack the entire time. There's 53 00:02:38,000 --> 00:02:40,480 Speaker 2: another video out there that shows what appears to be 54 00:02:40,520 --> 00:02:42,400 Speaker 2: the same person wearing the same stuff where it was 55 00:02:42,440 --> 00:02:45,000 Speaker 2: walking down a neighborhood street not too long after the shooting. 56 00:02:45,400 --> 00:02:46,959 Speaker 2: And you and I don't know how much this is 57 00:02:47,000 --> 00:02:49,160 Speaker 2: being talked about, but that person clearly had a limp. 58 00:02:49,040 --> 00:02:52,200 Speaker 1: Oh limping pretty badly, and obviously because when I saw 59 00:02:52,280 --> 00:02:55,440 Speaker 1: him take that jump, that was no small feet, that 60 00:02:55,600 --> 00:02:58,080 Speaker 1: was a big distance. So it wasn't surprising to me 61 00:02:58,160 --> 00:03:00,160 Speaker 1: that he injured himself in that jump in that that's 62 00:03:00,200 --> 00:03:01,639 Speaker 1: clearly what it appears to be. 63 00:03:01,760 --> 00:03:04,520 Speaker 2: All right. And police also release new images that highlight 64 00:03:04,919 --> 00:03:08,120 Speaker 2: the person's attire, that black T shirt with an American 65 00:03:08,200 --> 00:03:10,160 Speaker 2: flag on the front, and also they were pointing out 66 00:03:10,160 --> 00:03:13,280 Speaker 2: the person's converse all stars that they were wearing. 67 00:03:13,400 --> 00:03:16,080 Speaker 1: Yeah, and we got a closer look at him, and 68 00:03:16,120 --> 00:03:19,160 Speaker 1: it's really obvious that he is of college age. Yeah, 69 00:03:19,360 --> 00:03:22,120 Speaker 1: I said to you, he's obviously young. You can just 70 00:03:22,240 --> 00:03:25,840 Speaker 1: tell by the images. But there are Yeah, there's now 71 00:03:25,960 --> 00:03:28,520 Speaker 1: a lot of incentive out there if anyone does recognize 72 00:03:28,560 --> 00:03:30,840 Speaker 1: him to call it in because there is a one 73 00:03:30,919 --> 00:03:34,680 Speaker 1: hundred thousand dollars reward for information leading to an arrest. 74 00:03:34,680 --> 00:03:38,360 Speaker 1: And police say right now they have fielded seven thousand 75 00:03:38,880 --> 00:03:40,480 Speaker 1: leads and they have to trace each and every one 76 00:03:40,480 --> 00:03:43,280 Speaker 1: of those down. The Utah governor announced yesterday that the 77 00:03:43,320 --> 00:03:47,760 Speaker 1: state will be seeking the death penalty in this case. So, look, 78 00:03:47,800 --> 00:03:50,520 Speaker 1: they've talked the talk. They've said, hey, we're going to 79 00:03:50,560 --> 00:03:52,720 Speaker 1: find you, We're going to bring you to justice, We're 80 00:03:52,720 --> 00:03:55,720 Speaker 1: gonna impose the death penalty on you. The problem is 81 00:03:56,120 --> 00:03:57,920 Speaker 1: they don't know who it is yet. 82 00:03:57,680 --> 00:03:59,960 Speaker 2: And given the resources they have, I mean, we've seen 83 00:04:00,120 --> 00:04:04,760 Speaker 2: some pretty improbable manhunts before, but just given the resources, 84 00:04:04,800 --> 00:04:08,520 Speaker 2: everybody is looking for this guy. And three days in 85 00:04:08,600 --> 00:04:11,000 Speaker 2: now we still don't know. And again, as of this recording, folks, 86 00:04:11,280 --> 00:04:15,320 Speaker 2: he has not been captured. Meanwhile, Charlie Kirk's casket arrived 87 00:04:15,360 --> 00:04:18,560 Speaker 2: back in his home state of Arizona yesterday, carried aboard 88 00:04:18,640 --> 00:04:22,360 Speaker 2: Air Force two. Vice President Vance went to Utah yesterday. 89 00:04:22,400 --> 00:04:26,679 Speaker 2: He along with uniformed service members, escorted Kirk's casket onto 90 00:04:26,720 --> 00:04:27,599 Speaker 2: the plane and. 91 00:04:27,560 --> 00:04:30,839 Speaker 1: Kirk's wife, Erica, was there with the Vanceys for that 92 00:04:30,960 --> 00:04:33,360 Speaker 1: flight back to Phoenix yesterday. And as far as the 93 00:04:33,360 --> 00:04:36,479 Speaker 1: funeral itself goes, here's the information that we have. While 94 00:04:36,480 --> 00:04:40,160 Speaker 1: it's all coming from the President himself, Trump told reporters 95 00:04:40,480 --> 00:04:43,600 Speaker 1: he believes the funeral will be next weekend. And the 96 00:04:43,640 --> 00:04:47,600 Speaker 1: President did say he will attend Charlie Kirk's funeral. 97 00:04:47,720 --> 00:04:49,359 Speaker 2: He used the word obligation. He says, I have an 98 00:04:49,400 --> 00:04:52,159 Speaker 2: obligation to go. This is look, we can say what 99 00:04:52,200 --> 00:04:54,680 Speaker 2: we want. We talk about this inner circle and loyalty. 100 00:04:55,080 --> 00:04:59,000 Speaker 2: The President is returning that loyalty. I mean they do. 101 00:04:59,080 --> 00:05:00,680 Speaker 2: I mean, this was a guy that close to them 102 00:05:00,720 --> 00:05:03,039 Speaker 2: to see them react the way they have. And was 103 00:05:03,080 --> 00:05:06,360 Speaker 2: it yesterday at the at the Pentagon, yes during the 104 00:05:06,440 --> 00:05:08,440 Speaker 2: nine to eleven ceremonies, we looked up and saw the 105 00:05:08,440 --> 00:05:11,320 Speaker 2: presidents at my goodness, he looked well. 106 00:05:11,520 --> 00:05:15,039 Speaker 1: He did not look well, and he looked as tired. 107 00:05:15,760 --> 00:05:20,000 Speaker 1: And as disturbed as I've ever seen him. Look, his 108 00:05:20,120 --> 00:05:24,520 Speaker 1: face actually showed pain and fatigue. I think that's what 109 00:05:24,560 --> 00:05:26,120 Speaker 1: it looked like to me. You could just see the 110 00:05:26,240 --> 00:05:29,840 Speaker 1: toll this death, this assassination has taken on him. 111 00:05:30,160 --> 00:05:32,560 Speaker 2: It really did seem that way. It genuinely did seem 112 00:05:32,560 --> 00:05:34,440 Speaker 2: that way. All right, we're going to continue on the run. Now. 113 00:05:34,440 --> 00:05:36,279 Speaker 2: The next leg brings us back here to New York, 114 00:05:36,320 --> 00:05:39,680 Speaker 2: where the President did wrap up nine to eleven commemorations 115 00:05:39,680 --> 00:05:42,799 Speaker 2: by attending the New York Yankees game against the Detroit Tigers. 116 00:05:43,120 --> 00:05:46,400 Speaker 2: That meant, of course, a little bit of a security nightmare. 117 00:05:46,440 --> 00:05:49,160 Speaker 2: They did give people heads up, the President's going to 118 00:05:49,200 --> 00:05:52,080 Speaker 2: be here, it's going to be some extra security. See 119 00:05:52,360 --> 00:05:55,640 Speaker 2: US Open last week, And it looks like folks they 120 00:05:56,120 --> 00:05:58,040 Speaker 2: did heat the warnings and it wasn't that much of 121 00:05:58,080 --> 00:05:58,360 Speaker 2: a mess. 122 00:05:58,480 --> 00:06:00,600 Speaker 1: Yeah, perhaps when people did see what happened to the 123 00:06:00,680 --> 00:06:02,920 Speaker 1: US Open, they made a decision not to make a 124 00:06:03,000 --> 00:06:05,960 Speaker 1: repeat of that. So even the roads were blocked off, 125 00:06:06,000 --> 00:06:09,440 Speaker 1: helicopters were circling above, and all those baseball fans were 126 00:06:09,520 --> 00:06:13,000 Speaker 1: yes greeted by Secret Service, the NYPD and TSA officers 127 00:06:13,040 --> 00:06:16,960 Speaker 1: when they entered Yankee Stadium. Yankee Stadium decided to open 128 00:06:17,080 --> 00:06:20,120 Speaker 1: three hours ahead of the first pitch to accommodate all 129 00:06:20,120 --> 00:06:22,960 Speaker 1: that extra security, So by all accounts, it went fairly smoothly, 130 00:06:23,000 --> 00:06:26,360 Speaker 1: as smoothly as it can when the president is in attendance. 131 00:06:26,680 --> 00:06:28,920 Speaker 1: And when Trump was shown on the big screen both 132 00:06:28,960 --> 00:06:31,440 Speaker 1: during the national anthem and then again during the seventh 133 00:06:31,480 --> 00:06:34,800 Speaker 1: inning stretch where they seen God Bless America, there was 134 00:06:34,839 --> 00:06:38,000 Speaker 1: a mix of cheers and booze, and at one point 135 00:06:38,040 --> 00:06:41,120 Speaker 1: a group of fans below where Donald Trump was so 136 00:06:41,200 --> 00:06:44,240 Speaker 1: that box began a Donald Trump chat. I'm sure he 137 00:06:44,320 --> 00:06:45,960 Speaker 1: a chat. Chant. I can't talk. 138 00:06:46,160 --> 00:06:48,680 Speaker 2: I'm sure he appreciated that you have chat in the. 139 00:06:49,400 --> 00:06:51,800 Speaker 1: And I meant to say chant. Okay, so I read 140 00:06:51,839 --> 00:06:53,839 Speaker 1: what's in front of me, apparently, and I can't compute 141 00:06:53,839 --> 00:06:57,599 Speaker 1: when I've made a typeo, I'm Ron Burgundy and go 142 00:06:58,000 --> 00:06:59,799 Speaker 1: f yourself, san Diego. No. 143 00:07:00,160 --> 00:07:02,839 Speaker 2: Before the first pitch last night, the Yankees held a 144 00:07:02,839 --> 00:07:06,200 Speaker 2: moment of silence for Charlie Kirk. Trump is the third 145 00:07:06,279 --> 00:07:09,200 Speaker 2: sitting president to attend a game at a Yankee stadium. 146 00:07:09,279 --> 00:07:11,160 Speaker 2: I'm surprised it's only been three for some reason. 147 00:07:11,280 --> 00:07:13,040 Speaker 1: And when you look and see who they are, It's 148 00:07:13,040 --> 00:07:15,560 Speaker 1: actually interesting George W. Bush when he threw out that 149 00:07:15,680 --> 00:07:19,120 Speaker 1: ceremonial first pitch after nine to eleven, and then the 150 00:07:19,160 --> 00:07:24,200 Speaker 1: only other president was Warren Warren. Okay, Warren, thank you? 151 00:07:24,400 --> 00:07:26,960 Speaker 1: Warren Harding? Can you tell that I need some sleep? 152 00:07:27,120 --> 00:07:29,720 Speaker 1: It's Friday. It's been a long week, Warren Harding in 153 00:07:29,840 --> 00:07:31,040 Speaker 1: nineteen twenty. 154 00:07:30,720 --> 00:07:32,880 Speaker 2: Three, No way I would have come out with that one. 155 00:07:32,880 --> 00:07:35,840 Speaker 1: The opening year of the original Yankee Stadium, and no 156 00:07:36,040 --> 00:07:37,880 Speaker 1: other president has been the Yankee Stadium. 157 00:07:38,240 --> 00:07:42,840 Speaker 2: That is an amazing trivia question. Who are the only 158 00:07:42,920 --> 00:07:45,560 Speaker 2: three presidents to attend a Yankee game? Oh? My god? 159 00:07:45,720 --> 00:07:47,480 Speaker 1: Because when I saw that, I had to add it 160 00:07:47,520 --> 00:07:50,280 Speaker 1: because that actually shocked me. I would have thought significantly 161 00:07:50,320 --> 00:07:52,400 Speaker 1: more presidents would have attended a Yankees game. 162 00:07:52,480 --> 00:07:54,640 Speaker 2: Have you checked your sleep score? Did you get it? Yeah? 163 00:07:54,640 --> 00:07:55,480 Speaker 2: It's bad? What is it? 164 00:07:55,480 --> 00:07:56,360 Speaker 1: It's in the sixties. 165 00:07:56,440 --> 00:07:57,800 Speaker 2: Wow? Okay, folks, so. 166 00:07:57,960 --> 00:07:58,840 Speaker 1: Sixty three, I think. 167 00:07:58,960 --> 00:08:02,000 Speaker 2: Okay, forgive her. Okay, she's going through some things right now. 168 00:08:02,000 --> 00:08:05,240 Speaker 1: All right, bear with me as we continue our run 169 00:08:05,320 --> 00:08:10,840 Speaker 1: where several HBCUs were on lockdown and canceled classes yesterday 170 00:08:10,920 --> 00:08:14,000 Speaker 1: after receiving unspecified threats. 171 00:08:14,040 --> 00:08:16,800 Speaker 2: We're talking about at least six schools and they kind 172 00:08:16,800 --> 00:08:20,480 Speaker 2: of spread out all over. But these threats started coming 173 00:08:20,520 --> 00:08:23,440 Speaker 2: in to some of these schools and then other schools 174 00:08:23,680 --> 00:08:26,600 Speaker 2: just started closing just in case, even though they didn't 175 00:08:26,640 --> 00:08:28,280 Speaker 2: get threats. They don't know where this has come from. 176 00:08:28,360 --> 00:08:30,600 Speaker 2: The FBI did get involved. They said every single one 177 00:08:30,640 --> 00:08:33,240 Speaker 2: of these was a hoax, but still they have to 178 00:08:33,280 --> 00:08:36,120 Speaker 2: take them all seriously. The schools that we know were 179 00:08:36,160 --> 00:08:40,480 Speaker 2: impacted Alabama State, Virginia State, Hampton, Southern Clark, Atlanta, and 180 00:08:40,480 --> 00:08:43,640 Speaker 2: Bethune Cookman. And again Spelman was one that didn't get 181 00:08:43,640 --> 00:08:45,760 Speaker 2: a threat, but they say, we're just closing just in case. 182 00:08:45,840 --> 00:08:49,160 Speaker 2: And so this is Yes, it's scary, it's disruptive to education, 183 00:08:49,960 --> 00:08:53,960 Speaker 2: and it's going to the hoaxes are having real consequences. 184 00:08:54,000 --> 00:08:56,760 Speaker 1: Yeah, it's frustrating to see them continue and to be 185 00:08:56,920 --> 00:09:00,400 Speaker 1: so targeted like that. Next up on the Run, speaking 186 00:09:00,440 --> 00:09:03,480 Speaker 1: of false reports. Yes, a false report of a shooting 187 00:09:03,800 --> 00:09:08,880 Speaker 1: at the Naval Academy yesterday led to an actual shooting. 188 00:09:09,280 --> 00:09:12,319 Speaker 1: This happened yesterday on the Annapolis campus. The midshipmen were 189 00:09:12,320 --> 00:09:15,359 Speaker 1: put in lockdown after threats were made online. 190 00:09:15,440 --> 00:09:18,719 Speaker 2: Yeah, but in the confusion, in the chaos and the 191 00:09:18,760 --> 00:09:24,800 Speaker 2: misinformation going around. One midshipman mistook a responding law enforcement 192 00:09:25,080 --> 00:09:28,160 Speaker 2: officer who was doing a sweep of a building, mistook 193 00:09:28,360 --> 00:09:33,280 Speaker 2: that officer as a threat and tried to protect I 194 00:09:33,360 --> 00:09:37,120 Speaker 2: guess fellow classmates and went after the officer with his 195 00:09:37,320 --> 00:09:40,920 Speaker 2: training rifle and struck the officer. So the officer then 196 00:09:41,320 --> 00:09:44,559 Speaker 2: shot the student, who had to be airlifted to a hospital. 197 00:09:44,920 --> 00:09:48,880 Speaker 2: Non life threatening injuries we can report, but the threat 198 00:09:49,160 --> 00:09:52,240 Speaker 2: was a false one. Robes believed to have come in 199 00:09:52,520 --> 00:09:54,800 Speaker 2: from a student who had been kicked out of the 200 00:09:54,840 --> 00:09:57,960 Speaker 2: school previously, who was sitting one thousand miles away. 201 00:09:58,160 --> 00:10:03,199 Speaker 1: Disgusting. It's disgusting that there's that retaliatory mindset and then 202 00:10:03,280 --> 00:10:06,360 Speaker 1: all the chaos it calls and someone actually getting shot. 203 00:10:06,920 --> 00:10:10,080 Speaker 1: That is scary and hopefully a bit of a warning 204 00:10:10,160 --> 00:10:13,240 Speaker 1: to anyone who thinks it's funny in any way, shape 205 00:10:13,400 --> 00:10:16,400 Speaker 1: or form. Well, next up on the run. Stocks hit 206 00:10:16,600 --> 00:10:20,240 Speaker 1: all time highs yesterday, and we're talking all of them, 207 00:10:20,480 --> 00:10:23,840 Speaker 1: the Dow, the S and P, and the Nasdaq. They 208 00:10:23,920 --> 00:10:26,240 Speaker 1: all closed at record highs yesterday. 209 00:10:26,320 --> 00:10:28,840 Speaker 2: Yeah, the Dow closed up six hundred and seventeen points, 210 00:10:29,120 --> 00:10:33,320 Speaker 2: closed at forty six and eight. This is the first time, 211 00:10:33,360 --> 00:10:38,120 Speaker 2: but Dow has ever crossed the forty six thousand marks. 212 00:10:38,120 --> 00:10:41,560 Speaker 2: So exactly what's going on out there? Well, this, apparently, Robes. 213 00:10:41,800 --> 00:10:45,400 Speaker 2: A lot of investors are anticipating what the Fed is 214 00:10:45,440 --> 00:10:48,199 Speaker 2: going to do later this month with interest rates. They 215 00:10:48,240 --> 00:10:51,440 Speaker 2: believe now the things have been put into place with 216 00:10:51,440 --> 00:10:54,440 Speaker 2: his latest inflation data, things or about what they thought 217 00:10:54,440 --> 00:10:56,480 Speaker 2: they were going to be. They feel like their stability 218 00:10:57,000 --> 00:11:00,360 Speaker 2: and now the road has been paved for the Fit 219 00:11:00,440 --> 00:11:03,040 Speaker 2: to cut interest rates, and so they're excited about that, 220 00:11:03,080 --> 00:11:05,600 Speaker 2: and they reacted yesterday, and we're at all time highs. 221 00:11:05,320 --> 00:11:08,000 Speaker 2: All we're here. We'll always talk about the rich getting richer, 222 00:11:08,720 --> 00:11:11,360 Speaker 2: But who in the country right now feels like, wow, 223 00:11:12,160 --> 00:11:13,840 Speaker 2: things really took off for me yesterday. 224 00:11:13,920 --> 00:11:16,360 Speaker 1: Well, if you've got your four oh one k invested 225 00:11:16,400 --> 00:11:20,040 Speaker 1: in the right places, I guess you saw in that sense, 226 00:11:20,120 --> 00:11:23,720 Speaker 1: all boats rise in that moment when the stock market 227 00:11:23,800 --> 00:11:27,000 Speaker 1: goes up. If you've got money in the invested in 228 00:11:27,040 --> 00:11:31,400 Speaker 1: any way, yeah, you won too. Little guys as well, Yeah. 229 00:11:31,040 --> 00:11:33,920 Speaker 2: I'm sure it felt that way to them yesterday. Robes. Well, 230 00:11:33,920 --> 00:11:36,120 Speaker 2: I'll stay with those folks here on this morning run. 231 00:11:36,200 --> 00:11:38,880 Speaker 2: When we come back, I am going to explain why 232 00:11:39,440 --> 00:11:42,600 Speaker 2: Robes is so wrong about how the little guys should 233 00:11:42,640 --> 00:11:45,240 Speaker 2: be feeling right now based on inflation. 234 00:11:45,240 --> 00:11:46,920 Speaker 1: Shit, if you get a four oh one k in 235 00:11:46,920 --> 00:11:49,120 Speaker 1: the market, that's it. That's it, four one k and 236 00:11:49,200 --> 00:11:50,400 Speaker 1: ira something like that. 237 00:11:50,520 --> 00:11:53,240 Speaker 2: I'm just teasing you. I will though, when we come back, 238 00:11:53,480 --> 00:11:56,800 Speaker 2: allow her to continue to put said foot in that mouth. 239 00:11:56,960 --> 00:12:00,240 Speaker 2: Also when we come back, there is a bit big 240 00:12:00,280 --> 00:12:03,320 Speaker 2: Fed Reserve meeting we're talking about coming up soon, and 241 00:12:03,400 --> 00:12:06,880 Speaker 2: the President is once again making sure at least one 242 00:12:07,440 --> 00:12:09,959 Speaker 2: Fed governor is not at that meeting. 243 00:12:18,400 --> 00:12:21,520 Speaker 1: Welcome back to this Friday morning run. And we just 244 00:12:21,559 --> 00:12:24,199 Speaker 1: heard TJ talk about how investors like what they heard 245 00:12:24,280 --> 00:12:27,360 Speaker 1: yesterday with all that new inflation data, stock markets all 246 00:12:27,400 --> 00:12:30,160 Speaker 1: time high. Well, investors might have liked those numbers, but 247 00:12:30,200 --> 00:12:33,360 Speaker 1: most Americans can't be too happy about them, because the 248 00:12:33,440 --> 00:12:38,160 Speaker 1: Labor Department's data shows inflation, yes did increase last month, 249 00:12:38,280 --> 00:12:40,920 Speaker 1: with Americans paying more from groceries. 250 00:12:40,440 --> 00:12:43,680 Speaker 2: To gas that consummer prices were up to point nine 251 00:12:43,760 --> 00:12:46,839 Speaker 2: percent last month. That's an even higher increase from July 252 00:12:47,000 --> 00:12:49,800 Speaker 2: when inflation was at two point seven percent. We also 253 00:12:49,880 --> 00:12:53,400 Speaker 2: paid more for new and used cars, clothing, and airfare. 254 00:12:53,600 --> 00:12:57,520 Speaker 2: In August, the Financial experts out there think Trump's tariffs 255 00:12:57,559 --> 00:13:00,199 Speaker 2: may have contributed to some of the higher prices we've 256 00:13:00,200 --> 00:13:02,640 Speaker 2: been seeing, from coffee to bananas to clothing. 257 00:13:02,840 --> 00:13:06,200 Speaker 1: And yes, all of those higher prices will play into 258 00:13:06,240 --> 00:13:09,400 Speaker 1: the Federal Reserves decision next week regarding those interest rates. 259 00:13:09,400 --> 00:13:12,040 Speaker 1: In despite all of that data, yes, most analysts do 260 00:13:12,160 --> 00:13:14,880 Speaker 1: expect the Fed to lower interest rates. The prediction is 261 00:13:15,400 --> 00:13:18,760 Speaker 1: by a quarter percentage point to help with the sagging 262 00:13:18,920 --> 00:13:21,880 Speaker 1: job market. But it is still anyone's guest. They don't 263 00:13:21,880 --> 00:13:24,000 Speaker 1: know which way the Federal Reserve is going to go, 264 00:13:24,000 --> 00:13:25,600 Speaker 1: and sometimes they have surprised us. 265 00:13:25,840 --> 00:13:29,360 Speaker 2: You go, what's the over under? How many times is 266 00:13:29,400 --> 00:13:32,800 Speaker 2: the President going to call your own Powell? Too late? Powell? 267 00:13:32,960 --> 00:13:38,040 Speaker 1: Yes, it's gonna probably start on Monday, maybe even Sunday night. 268 00:13:38,440 --> 00:13:41,760 Speaker 2: And final leg here we stick with the Federal Reserve. Yes, 269 00:13:41,960 --> 00:13:44,280 Speaker 2: they have a meeting next week. They're going to decide 270 00:13:44,280 --> 00:13:46,959 Speaker 2: about interest rates. Just mean they're gonna decide a lot 271 00:13:47,000 --> 00:13:50,839 Speaker 2: about your next loan. Maybe. Well, the President is making 272 00:13:50,920 --> 00:13:53,880 Speaker 2: one last effort to try and make sure that Federal 273 00:13:53,920 --> 00:13:57,720 Speaker 2: Reserve Governor Lisa Cook isn't a part of that decision. 274 00:13:57,840 --> 00:14:00,520 Speaker 1: Yes, Trump, as you may remember, fired Cook from the 275 00:14:00,520 --> 00:14:03,520 Speaker 1: board last month after accusing her of making false claims 276 00:14:03,559 --> 00:14:07,760 Speaker 1: on mortgage applications, but on Tuesday, a US district judge 277 00:14:07,800 --> 00:14:11,840 Speaker 1: blocked that firing, saying Trump has not stated a legally 278 00:14:11,920 --> 00:14:16,440 Speaker 1: permissible cause for Cook's removal. So in response, yesterday, the 279 00:14:16,440 --> 00:14:20,320 Speaker 1: Trump administration asked a federal appeals court to lift that 280 00:14:20,440 --> 00:14:23,040 Speaker 1: ruling blocking the president from firing Cook. 281 00:14:23,160 --> 00:14:28,400 Speaker 2: And here is their case, and I quote here. The evidence, 282 00:14:28,600 --> 00:14:31,520 Speaker 2: which Cook has yet to offer a contrary explanation for, 283 00:14:32,040 --> 00:14:34,840 Speaker 2: was that she applied for two loans for her personal 284 00:14:34,840 --> 00:14:37,520 Speaker 2: benefit and was able to obtain favorable interest rates by 285 00:14:37,560 --> 00:14:42,080 Speaker 2: misrepresenting where she lived. Regardless of whether that misconduct occurred 286 00:14:42,120 --> 00:14:47,800 Speaker 2: before or during office, it indisputably calls into question Cook's 287 00:14:47,840 --> 00:14:52,000 Speaker 2: trustworthiness and whether she can be a responsible steward of 288 00:14:52,040 --> 00:14:56,320 Speaker 2: the interest rates and economy for the whole nation. That's 289 00:14:56,400 --> 00:15:00,560 Speaker 2: the key point. I think her lawyers are saying this 290 00:15:00,640 --> 00:15:03,600 Speaker 2: conduct is outside I don't even know if they've direct 291 00:15:03,640 --> 00:15:06,240 Speaker 2: I think they're saying they're denying the allegation, but they're 292 00:15:06,240 --> 00:15:09,720 Speaker 2: also saying it was before she was in her current role, 293 00:15:09,800 --> 00:15:10,560 Speaker 2: so it doesn't apply. 294 00:15:10,800 --> 00:15:14,960 Speaker 1: Correct. So Cook's lawyer also maintained that the government's accusations 295 00:15:15,000 --> 00:15:20,840 Speaker 1: are unsubstantiated and vague, and called the appeal wholly unwarranted. 296 00:15:21,200 --> 00:15:23,520 Speaker 1: Here's my favorite part. The Trump administration asked for the 297 00:15:23,560 --> 00:15:26,320 Speaker 1: appeals Court to act by the end of the day Monday, 298 00:15:26,880 --> 00:15:29,200 Speaker 1: noting that the Feds are set to have their meeting 299 00:15:29,240 --> 00:15:30,200 Speaker 1: Tuesday and Wednesday. 300 00:15:30,200 --> 00:15:32,120 Speaker 2: They are really trying to get her out of there. 301 00:15:31,960 --> 00:15:35,400 Speaker 1: He wants to ensure that the interest rates are cut, 302 00:15:36,160 --> 00:15:39,160 Speaker 1: and he wants to put He's already nominated someone to 303 00:15:39,240 --> 00:15:41,960 Speaker 1: take her place, so he wants his person in there 304 00:15:42,040 --> 00:15:44,880 Speaker 1: to ensure he'll have a majority, which he believes will 305 00:15:44,960 --> 00:15:48,120 Speaker 1: ensure the fact that the Feds will, yes, in fact, 306 00:15:48,120 --> 00:15:51,080 Speaker 1: cut interest rates. I'm curious if Cook is on the 307 00:15:51,080 --> 00:15:54,960 Speaker 1: board next week when this decision comes down, if she's 308 00:15:55,000 --> 00:15:58,440 Speaker 1: so upset by everything he's done, if that will influence 309 00:15:58,480 --> 00:16:00,120 Speaker 1: her at all. I mean, it's interesting to see, like 310 00:16:00,160 --> 00:16:02,440 Speaker 1: how all of this plays out into the psyche. 311 00:16:04,120 --> 00:16:07,320 Speaker 2: Yes, she is not going to mess with the world 312 00:16:07,400 --> 00:16:10,480 Speaker 2: economy because of a personal red strip with Trump. She is. 313 00:16:10,800 --> 00:16:13,040 Speaker 2: I don't know this woman at all. I wager she's 314 00:16:13,080 --> 00:16:14,000 Speaker 2: not that kind of petty. 315 00:16:14,080 --> 00:16:16,600 Speaker 1: I think that she wouldn't want to have that be 316 00:16:16,800 --> 00:16:18,600 Speaker 1: the optics at the very. 317 00:16:18,520 --> 00:16:22,320 Speaker 2: Least before we let you get going on this Friday, 318 00:16:22,440 --> 00:16:24,920 Speaker 2: something we like for you to take with you, something 319 00:16:24,920 --> 00:16:26,800 Speaker 2: to consider. It is our quote of the day. 320 00:16:27,520 --> 00:16:31,080 Speaker 1: Death is not the greatest loss in life. The greatest 321 00:16:31,200 --> 00:16:34,280 Speaker 1: loss is what dies inside us while we live. 322 00:16:34,400 --> 00:16:38,280 Speaker 2: Woo. That is scary. 323 00:16:40,280 --> 00:16:44,320 Speaker 1: And this comes from He's a late he died many 324 00:16:44,320 --> 00:16:46,320 Speaker 1: many years ago, but he was a political journalist. His 325 00:16:46,400 --> 00:16:50,320 Speaker 1: name is Norman Cousins, so he was very well versed 326 00:16:50,400 --> 00:16:52,800 Speaker 1: in politics and perhaps how that can suck the life 327 00:16:52,800 --> 00:16:55,800 Speaker 1: out of you. Now I am totally editorializing here, but 328 00:16:55,960 --> 00:16:58,960 Speaker 1: I did think this was an amazing quote and something 329 00:16:59,000 --> 00:17:02,800 Speaker 1: to ponder as we decide how we live each day, 330 00:17:02,880 --> 00:17:03,400 Speaker 1: each moment. 331 00:17:03,440 --> 00:17:06,520 Speaker 2: We're so scared of death, right, We're not scared of life. 332 00:17:06,520 --> 00:17:10,159 Speaker 2: We're not scared of squandering moving every single day. We 333 00:17:10,200 --> 00:17:11,840 Speaker 2: don't fear that enough. Yeah, I love this one. 334 00:17:11,920 --> 00:17:14,280 Speaker 1: Go call the David all right, death is not the 335 00:17:14,359 --> 00:17:17,919 Speaker 1: greatest loss in life. The greatest loss is what dies 336 00:17:18,080 --> 00:17:21,439 Speaker 1: inside us while we live. And without everyone, thank you 337 00:17:21,480 --> 00:17:22,199 Speaker 1: for running with us. 338 00:17:22,240 --> 00:17:24,440 Speaker 2: I'm Amy Robot and I'm TJ. Holme Seeyll Soon