Speaker 1: Broadcasting live from the Abraham Lincoln Radio Studio, the George
Speaker 1: Washington Broadcast Center, Jack Armstrong and Joe Getty arm Strong
Speaker 1: and Gattie and he Armstrong and Getty cipple fifteen seconds.
Speaker 1: Look now it's flag.
Speaker 2: Fits this move flat back hit flug short.
Speaker 1: Got a great point. The best player, Well, he's gonna
Speaker 1: be the number one pick in the NBA draft next year.
Speaker 1: Playing for Duke. Missed the shot that could have sent
Speaker 1: him to the finals, and that's not going to affect
Speaker 1: his life really that much. But he is a freshman.
Speaker 1: And back in the old days, like when I was
Speaker 1: a kid, if you had the NCAA final going on,
Speaker 1: you'd have a whole bunch of guys have been playing
Speaker 1: for the team for four years. Maybe I mean Kareem
Speaker 1: Abdul Jabbar four years. He's been playing for the same
Speaker 1: team those regular Then it became sometimes you'd leave after
Speaker 1: your sophomore junior year. Now it's a whole bunch of
Speaker 1: freshmen out there all the time. I don't know about
Speaker 1: the night's teams in the finals in six.
Speaker 2: Year seniors whatever, those are right, because they're not going
Speaker 2: to make the NBA, so they just stay playing college
Speaker 2: basketball until they get booted out.
Speaker 1: So there's a big judge ruling in California. That least
Speaker 1: the Washington Post is saying, I don't know who they're
Speaker 1: quoting here. Oh, they're quoting the PAC twelve commissioner. You
Speaker 1: think of the evolution of the NCAA and all the
Speaker 1: rules changes that have happened over the years, there's never
Speaker 1: been anything as significant as this. Talking about today's ruling,
Speaker 1: but I don't completely understand it. It's all about your
Speaker 1: NIL market. What's NIL stand for again, name, image and likeness, right,
Speaker 1: which became a thing a couple of year years ago,
Speaker 1: And that's how you end up with a super hotty
Speaker 1: gymnast chick making gazillions of dollars, which is fine. I
Speaker 1: don't really have a problem.
Speaker 2: With a bit and a quarterback just being paid millions
Speaker 2: of dollars to come to your school.
Speaker 1: Right, So they're gonna they're gonna have a cap on
Speaker 1: how much money it can be. But it's a ton
Speaker 1: of money. However, many millions of dollars per school you
Speaker 1: can have and all that sort of stuff. So they're
Speaker 1: trying to rain this in a little bit. Whether or
Speaker 1: not that will get challenged at some point, because I
Speaker 1: think most people who like sports, they liked you liked
Speaker 1: it better in the old days professional sports and college sports.
Speaker 1: But it wasn't fair to the players at all. Right, Yeah,
Speaker 1: it was kind of silly. I don't know, so what
Speaker 1: did this rule? Is silly is the right word or not?
Speaker 1: They're going to put a cap at it at two
Speaker 1: point eight million dollars per league or school. I don't
Speaker 1: remember what it was in my closed and I don't
Speaker 1: care enough to look it back again. It was very, very,
Speaker 1: very complicated. I'll tell you that I read multiple paragraphs
Speaker 1: and couldn't figure it out. But it's an attempt to
Speaker 1: try to have some sort of control over this. They're
Speaker 1: trying to take boosters out of it as much. Oh yeah, because.
Speaker 2: That's a huge part of it, if you have a
Speaker 2: big booster community that pours money into your nil fund.
Speaker 2: I had a friend attempt to explain to me exactly
Speaker 2: how it works, brilliant guy and a huge college sports fan.
Speaker 2: About half of the way through, my eyes glased it,
Speaker 2: and I realized I was thinking about something else, right,
Speaker 2: And that's the way I.
Speaker 1: Was reading this long Washington Boast article. It's very complicated
Speaker 1: It doesn't mention anything though about the players switching around
Speaker 1: a schools thing. To me, that's what's killing it. The
Speaker 1: transfer portal. Yeah, I mean you have a season and
Speaker 1: then you get to the playoffs in football. I know
Speaker 1: when I'm sitting there watching the games, the bowl games
Speaker 1: with my family and my brothers were talking about, oh yeah,
Speaker 1: guy played for K State all year long and now
Speaker 1: he's with this team or whatever. That's ridiculous.
Speaker 2: Yeah yeah, brand new squad every single year. I can't
Speaker 2: even imagine what it's like to be a college coach,
Speaker 2: to have like the laws of the universe, gravity and
Speaker 2: the theory of relativity, like change every two years.
Speaker 1: All right, Well, the biggest coach in all of college football,
Speaker 1: Nick Shaby, and he quit. He didn't he didn't want
Speaker 1: to be part of this new world and try to
Speaker 1: figure it out. Like I have a particular skill set.
Speaker 1: I knew how to like get people and develop them
Speaker 1: and build a team. But if they're all going to
Speaker 1: move around every year, and that's that's not what I do.
Speaker 2: And now he makes verbal commercials, right, what's virtu is
Speaker 2: the VRBO location?
Speaker 1: Rentald my owner?
Speaker 2: Yeah, ah, funny commercials.
Speaker 1: There are roles in this house.
Speaker 2: No fun, no running, no showers over five minutes, maximum
Speaker 2: two flushes per visit. Oh, that'd be tough for me,
Speaker 2: checking times three. Couple standing there, it's two fifty eight,
Speaker 2: I know.
Speaker 1: Trying to figure out Hostell, trying to figure out. There's
Speaker 1: a couple of things I wanted to get on that
Speaker 1: I hadn't gotten on yet. On the air, I'm going
Speaker 1: to talk about the Minecraft movie coming up a little
Speaker 1: bit later later, which is the biggest movie the year
Speaker 1: so far, and some phenomenon around it that I found
Speaker 1: very very interesting. Russell brand thing. No, not interested in that.
Speaker 2: Like this headline podcaster Gavin Newsom launches methane satellites as
Speaker 2: California borrows money for healthcare.
Speaker 1: I guess well. Plus, Oh, here's the headline I mentioned
Speaker 1: earlier that I wanted to get to. This kid named
Speaker 1: Stanley's Zong. He's an adult, but he's trying to be
Speaker 1: a college kid. Four point four to two GPA in
Speaker 1: high school. That's significantly above four. I don't know how
Speaker 1: that even works.
Speaker 2: Near perfectes SAT Advanced placement classes you get bonus points.
Speaker 1: Near perfect SAT best at adults and coding competitions across
Speaker 1: the country, started his own electronic signing service while still
Speaker 1: in high school. He was rejected by sixteen colleges because
Speaker 1: they got too many Asians. How do you like that system?
Speaker 2: Racial quotas in America? Brilliant? That's our university's folks.
Speaker 1: Not unbelievable. I can't believe that has been going on
Speaker 1: for so long. I don't like any of the discrimination whatsoever.
Speaker 1: But I get how you can pull it off against
Speaker 1: white people. I get how that works because you just say, well,
Speaker 1: there's too many white people, we need less of those.
Speaker 2: But how do you do how do you do it
Speaker 2: behind the racism of the past, so now they got
Speaker 2: to shut up and take whatever you give them.
Speaker 1: How do you get away with keeping out really really
Speaker 1: smart Asian kids? How do you politically justify that?
Speaker 2: That's why the whole uh neo Marxist thing is so
Speaker 2: full of lies. Because when it's handy for you, Asian
Speaker 2: people are people of color are being oppressed by the
Speaker 2: white devil. But when it's not handy for you, all
Speaker 2: of a sudden, they're white enough.
Speaker 1: Keep them out. It's people of color, color more color,
Speaker 1: they're wheat, they're white enough. Wow, are you familiar with
Speaker 1: the meme with the dominoes tipping over, the guy starting
Speaker 1: a little domino and then the bigger and bigger dominoes.
Speaker 1: Have you seen that meme? And then there's different things
Speaker 1: apply to this one I thought was really good. I
Speaker 1: saw over the weekend with the front little tiny domino
Speaker 1: was Obama makes fun of Trump at the White House
Speaker 1: Correspondent's dinner, and then the final domino was Nintendo switch
Speaker 1: To never released in the United States. This was a
Speaker 1: big deal for my kids. It was announced on Friday
Speaker 1: outside of the Best Bie because I was at the
Speaker 1: Best Bie the other day on Friday. I'm going to
Speaker 1: talk about that later, trying to get a freaking computer fixed.
Speaker 1: It's impossible. They had all these giant Nintendo displays outside,
Speaker 1: big giant cardboard, like you know when something huge happens,
Speaker 1: because they knew they were going to be lines outside
Speaker 1: the best Buy people lined up to get the new
Speaker 1: switch to. They announced on Friday, Nintendo did that they're
Speaker 1: not going to release it in the United States currently
Speaker 1: because they're made in Japan and they don't want to
Speaker 1: deal with all the tariff stuff going forward with all
Speaker 1: the Nintendo things, so they're going to hold onto it.
Speaker 1: See how this shakes out. It's a big deal for
Speaker 1: the video game industry.
Speaker 2: Was that pressure from the Japanese government on Nintendo Corporation?
Speaker 1: I don't know who pressured it, but they they pulled.
Speaker 1: I mean, if you call best Buy, I don't know
Speaker 1: about today, but but when I was calling on Friday,
Speaker 1: the first thing it says, what if you're looking to
Speaker 1: get in a Nintendo too and would like to get
Speaker 1: on I mean, that's the first thing they say at
Speaker 1: the entire company best Buy across the country. It was
Speaker 1: gonna be their big, big draw seller, and Nintendo said, no,
Speaker 1: not going to do it because of the tariffs. Wow.
Speaker 2: I wonder if they just calculated this will all be
Speaker 2: over in a couple of weeks and we won't have
Speaker 2: to either a jack up or price in a way
Speaker 2: that really punishes the hell out of our customers, or
Speaker 2: be not make enough profit on it.
Speaker 1: That's the way I guessed to delay. Yeah, that's the
Speaker 1: way I took it. And I wonder how many products
Speaker 1: are like that that aren't quite as high profile that
Speaker 1: would make the news. As the Nintendo switch to being pulled.
Speaker 1: There are going to be so many ripple effects from
Speaker 1: this tariff thing. It's just it's unimaginable.
Speaker 2: Yeah, including on exporters, American exporters and American manufacturers of
Speaker 2: domestic goods who import like raw materials or little parts
Speaker 2: or whatever. I mean, it's that's why those of us
Speaker 2: who believe in free trade, and yes, I understand that
Speaker 2: what was called free trade globally wasn't actually and I'm
Speaker 2: in favor of reforming that. But you can't possibly centrally
Speaker 2: plan an economy. It's far too complex. I mean, hell,
Speaker 2: you can hardly centrally plan like one product if it's
Speaker 2: at all complex the entire economy. That's ludicrous.
Speaker 1: How long will it take for the positive ripples to hit?
Speaker 2: Two to forty years depending on what you're talking about.
Speaker 1: Two to forty years, it seems like a long time. Yeah,
Speaker 1: that's why since we have elections, national elections every two years,
Speaker 1: it seems problematic.
Speaker 2: Yeah, I would say, strategically speaking, and then in the
Speaker 2: seventeenth quarter of the football game, I will be no, no, no,
Speaker 2: that's not the way your term works.
Speaker 1: So yeah, I don't.
Speaker 2: That's why I find it difficult to believe Trump actually
Speaker 2: thinks we're going to become like a trade barrier isolated.
Speaker 2: We'll make all of our stuff on our own place.
Speaker 2: He's not going to be in power nearly long enough,
Speaker 2: and Congress won't be on his side in the Senate,
Speaker 2: and then I just that can't possibly work.
Speaker 1: One more business thing to throw in before we take
Speaker 1: a break, kind of a trivia question in case it
Speaker 1: comes up. Olive Garden, I didn't know this was the
Speaker 1: top us casual dining restaurant for the last seven years.
Speaker 1: Olive Garden did not know that. I've not been to
Speaker 1: the OG in a very long time, have you, Michael Og? No? Anybody?
Speaker 1: Is there anybody good food like to find? Fifteen years minimum?
Speaker 1: I think since I've been number one. Huh, maybe we're
Speaker 1: bubbled number one casual dining restaurant in the country for
Speaker 1: seven years. They just got replaced by now. This place
Speaker 1: we do go to regularly because we like the cinnamon
Speaker 1: bread and if it's a birthday, we like the fact
Speaker 1: that they put you on a saddle there's a hint
Speaker 1: and make you go woo ha as they all sing
Speaker 1: around you. Texall Boy Gyms. Texas Roadhouse is now the
Speaker 1: number one casual dining place in America, and we go there.
Speaker 1: I don't know, half dozen times last year. Probably. Wow,
Speaker 1: I don't believe I've ever been there. Some good eating?
Speaker 1: Right there?
Speaker 2: Do they have white tablecloths and waiters and tuxedos? That's
Speaker 2: the only smell establishment I have frequently? Absolutely not.
Speaker 1: But every once in a while they play music and
Speaker 1: all the waitresses a line dance, and the food's good too. Okay,
Speaker 1: we got other stuff on the way. Stay here first,
Speaker 1: a little breaking news. Don't need the donkey, I don't think.
Speaker 1: I'm not sure how serious he is, but Trump has
Speaker 1: just threatened an additional fifty percent tariff on China if
Speaker 1: it doesn't withdraw its retaliatory tariff plan that had announced
Speaker 1: Friday of thirty four percent. I think that's what it announced.
Speaker 1: So we got we already? Have we added twenty? Aren't
Speaker 1: we running out of percentages? Are we over one hundred percent? Now?
Speaker 1: Are we like one hundred and forty percent? Like your
Speaker 1: coach wanted you to give? Yes?
Speaker 2: Where will it end? And will the courts end it?
Speaker 2: Next segment? Interesting non partisan analysis?
Speaker 1: How serious is Trump about an additional fifty percent tariff
Speaker 1: on China? And how could he do it? At least
Speaker 1: the way things are happening so far. He could announce
Speaker 1: it a half hour from now, right, and that's the
Speaker 1: law of the land.
Speaker 2: Yeah, that's that's not a democracy, republic, or whatever you
Speaker 2: want to call it. Too much executive power is too
Speaker 2: much power, no matter who's in the White House, because
Speaker 2: if we do it, they'll do it different topic.
Speaker 1: I found this so interesting. I watched it closely to
Speaker 1: make sure it wasn't AI because if we played it before,
Speaker 1: I didn't remember. This is Bernie Sanders talking about immigration
Speaker 1: in twenty fifteen, prior to Trump becoming president the first time,
Speaker 1: open open box. That's a coke bund This proposal, the idea,
Speaker 1: of course.
Speaker 3: I mean, that's a right wing proposal which says, essentially,
Speaker 3: there is no United States, kind of make everybody in
Speaker 3: American port. Then you're doing away with the concept of
Speaker 3: a nation state. And I don't think there's any country
Speaker 3: in the world which believes in that. What right wing
Speaker 3: people in this country would love is an open water policy,
Speaker 3: bring in all kinds of people who work for two
Speaker 3: or three dollars and no, that would be great for them.
Speaker 1: I don't believe in that. Fornard Sanders, and it goes
Speaker 1: on and on and on in that same vein that
Speaker 1: it is a right wing Republican thing to want to
Speaker 1: open the borders bring in all these this cheap labor.
Speaker 1: And if you do that, you have no country. There's
Speaker 1: no sovereignty. What's the point of even having a country. Yeah,
Speaker 1: that's the argument a lot of us are making on
Speaker 1: the right through the whole Biden uh ridiculousness of the
Speaker 1: biggest movement of human beings in world history.
Speaker 2: Yeah, Bernie is consistent with Sesar Chavez and other you know,
Speaker 2: labor leaders especially you said, no, we don't want millions
Speaker 2: of people flooding in and cutting our bargaining ability by
Speaker 2: flooding the market with you know, more laborers. That's the
Speaker 2: last thing they want to make us all poorer.
Speaker 1: Yeah.
Speaker 2: Well, and Bernie understands also that if you, for instance,
Speaker 2: I don't know, through the border open and millions of
Speaker 2: people wash across all of a sudden, Americans are going
Speaker 2: to say, no, we can't have a big welfare state
Speaker 2: like Bernie Sanders wants socialism. In fact, we got to
Speaker 2: cut the one we've got because we've got people coming
Speaker 2: in from all over the globe to suck at the
Speaker 2: delicious teat of the federal government. It happened though, and
Speaker 2: already have executives having too much power. I've decided not
Speaker 2: to enforce immigration law. Anybody wants to come into the
Speaker 2: country can That's what Biden said.
Speaker 1: Essentially, Wow, that's a heck of a back to back
Speaker 1: Presidency's right there. Biden launches the biggest migration movement in
Speaker 1: world history in peacetime, and then Trump reforms the entire
Speaker 1: global economic order. Both individual decisions. That's something.
Speaker 2: Yeah, Yeah, it's kind of disturbing. Not kind of it's disturbing.
Speaker 1: Congress could have stood up to either one of them, though,
Speaker 1: Uh yes, I mean, we have a system for it
Speaker 1: if it wants to do its thing. That's one of
Speaker 1: the problems with bipartisanship.
Speaker 2: Die, I mean, if you know, Hunter Biden gets selected president,
Speaker 2: how about that thought and at institutes, you know, some
Speaker 2: sort of horrific eighty percent tax for all white people
Speaker 2: or hookers or whatever, and you can't get a single
Speaker 2: Democrat to cross the aisle to vote to you know,
Speaker 2: limit his power or override it or whatever. I mean,
Speaker 2: that's just not a healthy place to be.
Speaker 1: What would Hunter Biden run on a baby mama and
Speaker 1: every garage? Probably? Yeah, come line up every nose.
Speaker 2: Alicia Finley in the Wall Street Journal makes a pretty
Speaker 2: interesting point though, that employers, especially manufacturers, can't find reliable,
Speaker 2: conscientious workers who can pass a drug test, and so
Speaker 2: we've simultaneously got millions.
Speaker 1: Of people flooding across the border.
Speaker 2: What we did anyway cutting the wages of low wage Americans,
Speaker 2: but manufacturers can't get people to show up.
Speaker 1: The drug test thing. It's all around marijuana. I don't
Speaker 1: probably we got to figure that out. If it's going
Speaker 1: to be legal in almost every state, you can't continue
Speaker 1: to drug test for it. I don't think Armstrong and Getty.
Speaker 4: There's been some speculation, partly because of that video that
Speaker 4: was posted on truth Social, that there was some sort
Speaker 4: of deliberate effort on your heart to have the market
Speaker 4: sell off.
Speaker 1: Can you talk about that?
Speaker 5: There's such a But I do want to solve the
Speaker 5: deficit problem that we have with China, with the European
Speaker 5: Union and other nations, and they're going to have to
Speaker 5: do that, And if they want to talk about that,
Speaker 5: I'm open to talking. But otherwise why would I want
Speaker 5: to talk?
Speaker 1: Well, there could be short term pain. It's going to
Speaker 1: be consumers who bear.
Speaker 2: The costs are a terrible mistake.
Speaker 1: They don't work. They will lead to higher prices. Remember
Speaker 1: what Mama Gump.
Speaker 3: Said, stupid is a stupid does Let's don't.
Speaker 1: I just don't have a trade war. I heard some
Speaker 1: Republicans in there. That's all republicans, jack, four of them.
Speaker 1: I haven't heard anybody explain to me sufficiently what he's
Speaker 1: talking about regarding the trade deficit we've got between countries.
Speaker 2: Yeah, yeah, I've heard some really smart, reasonable people say
Speaker 2: they don't get why he thinks it's always a bad thing.
Speaker 1: It just happens.
Speaker 2: I mean, you're gonna have countries where you have a
Speaker 2: huge trade surplus, and we do actually quite a few,
Speaker 2: And then you're gonna have countries that you just want
Speaker 2: more of their stuff than they can buy from you.
Speaker 2: As I've said before, if you're a big, wealthy country,
Speaker 2: you're gonna buy more from small, poor countries than they
Speaker 2: could conceivably buy from you. So you're gonna run a
Speaker 2: trade deficit, and it's fine. He seems obsessed with it
Speaker 2: in a weird way, don't. I don't get it. Honestly, anyway,
Speaker 2: I thought this was interesting. Oh, in just a moment
Speaker 2: or two, what the courts might say about all this
Speaker 2: because it's on pretty shaky constitutional ground the tariff regime.
Speaker 2: But I thought this just interesting. A good worker can
Speaker 2: be hard to find these days. Blame government, which showers
Speaker 2: benefits on able bodied people who don't work, while at
Speaker 2: the same time subsidizing college degrees that don't lead to
Speaker 2: productive employments.
Speaker 1: Yeah, that's definitely going on. Great summary.
Speaker 2: The result is millions of idle men and millions of
Speaker 2: unfilled jobs, what an economist would call a dead weight
Speaker 2: loss to society. I had a big study that we
Speaker 2: touched on briefly, but and it was from NPR, interestingly enough,
Speaker 2: about the many hundreds of thousands of people on disability
Speaker 2: who aren't disabled. The plant just closed in their town
Speaker 2: and it's easy enough to get disability that they went
Speaker 2: ahead and did it. And they've got some candid quotes
Speaker 2: from people who like run those programs or from the corporations. Hey,
Speaker 2: we're just hiding you folks because they're not listed as unemployed.
Speaker 1: Is there anything that kind of likes it too? Is
Speaker 1: there any way you'd get turned down from disability if
Speaker 1: you claimed your back hurt because there's just no way
Speaker 1: to prove your back, doesn't it.
Speaker 2: Yeah, it's not effortless to get it, but it's easy anyway.
Speaker 2: Forty percent of small business owners in March, forty percent
Speaker 2: reported job openings they could not fill, with the share
Speaker 2: in construction fifty six percent, No bueno. When was the
Speaker 2: last time you passed a construction site and they were
Speaker 2: not playing Mexican music? Never transportation fifty three percent they
Speaker 2: can't fill their jobs. Manufacturing is forty seven percent. According
Speaker 2: to last week's National Federation of Independent Business survey. Let's
Speaker 2: see Labor Department's job openings and labor turnover survey tell
Speaker 2: a similar story. There are twice as many job openings
Speaker 2: in manufacturing than in the mid two thousands.
Speaker 1: There's a shriff deployment. There's not a single twenty two
Speaker 1: year old coming out of college with whatever degree that
Speaker 1: wants any of those jobs you.
Speaker 2: Just mentioned, right, labor force participation rate among working age
Speaker 2: men is now five percent lower than in the early eighties.
Speaker 2: As a result, there are about three point five million
Speaker 2: fewer men between the ages of twenty five and fifty
Speaker 2: four in the workplace even as the population has grown,
Speaker 2: and one point three million between the ages of twenty
Speaker 2: five and thirty four. Then there would have been were
Speaker 2: it not for this decline.
Speaker 1: Yeah, but if they're working, they wouldn't be able to
Speaker 1: play the new Nintendo switch to. So where have all
Speaker 1: the good working men gone?
Speaker 2: Some are subsisting on government benefits or living off their parents.
Speaker 2: About seventeen percent of working age men are on Medicaid,
Speaker 2: seven and a half percent on food stamps, and six
Speaker 2: point three percent on Social Security, many claiming disability payouts,
Speaker 2: according to the Census Bureau. Many spend their days playing
Speaker 2: video games and day trading.
Speaker 1: Day trading system is this? Friends say they're young? What
Speaker 1: kind of system is this? Where I'm at work to
Speaker 1: help pay for this?
Speaker 2: As friends say they've seen young men on dating apps
Speaker 2: claim to be working as self employed traders, financial bloggers,
Speaker 2: and even retired financial engineer. Current euphemisms for Robin hood
Speaker 2: bros who speculate on stocks and share tips on Reddit.
Speaker 1: Ladies, if you come across, I don't care how good
Speaker 1: looking he seems. If he claims he's a financial blogger,
Speaker 1: he is going to be living off of you. Yeah,
Speaker 1: and no blogger, that's my job. Part of it was that.
Speaker 2: The stocks were doing nothing but going up for the
Speaker 2: last several years, and so everybody started to think they're
Speaker 2: a genius and quit their jobs.
Speaker 1: I guess.
Speaker 2: But on a different topic, somewhat related the tariff thing.
Speaker 1: I'm a jigger. I've heard of it.
Speaker 2: The Constitution make makes it Congress's job to levy taxes.
Speaker 2: We all know that right from school, including tariffs and
Speaker 2: regulate four or in commerce.
Speaker 1: That's for Congress.
Speaker 2: Starting in the nineteen thirties, Congress started shifting some of
Speaker 2: that authority to the president. They passed laws that allowed
Speaker 2: the president to impose tariffs in response to trade treaty violations,
Speaker 2: unfair trade barriers, and other urgent situations. But Trump is
Speaker 2: relying on another law that doesn't specifically mention tariffs, the
Speaker 2: International Emergency Economic Powers Act, passed in nineteen seventy seven,
Speaker 2: which gives the president broad emergency powers to regulate foreign
Speaker 2: commerce to deal with quote unusual and extraordinary threats against
Speaker 2: the national security or the economy. Presidents have invoked the
Speaker 2: laws the law dozens of times, usually to impose economic
Speaker 2: sanctions or freeze the property of foreign terrorists and other criminals.
Speaker 2: Trump's used the law to sanctioned Venezuela's main state owned
Speaker 2: oil company, but Trump is the first president to use
Speaker 2: the law to set teriff rates, and he's done so
Speaker 2: through emergency declarations, linking the higher export taxes to efforts
Speaker 2: to combat fentanyl traffic, illegal immigration, and trade imbalances. This
Speaker 2: is absolutely headed for the courts mounts. A trade imbalance,
Speaker 2: a national emergency.
Speaker 1: The fentanyl and the immigration thing, the fentyl ones a stretch,
Speaker 1: the immigration things a stretch to call that an emergency
Speaker 1: that you can do this, but the what was the
Speaker 1: third one, that's the one that's really trade imbalances. That's
Speaker 1: really ridiculous to call that an emergency. Yeah it is.
Speaker 2: Yeah, I don't now as leverage in a negotiation. I
Speaker 2: get the trafficking and illegal immigration and how that is
Speaker 2: for the benefit of the American people. It's a it's
Speaker 2: a righteous idea to try to kill the fentanyl trade
Speaker 2: into llegal immigration to like sure and all trade imbalances.
Speaker 1: To me, that's just crazy. Yeah, using whatever tools you've
Speaker 1: got your toolbox to deal with fentanyl or illegal immigration
Speaker 1: is one thing, But I don't know. The whole emergency
Speaker 1: thing always always concerns me for anybody at any level. Yeah,
Speaker 1: please COVID, isn't that enough?
Speaker 2: To convince conservatives and you know, maga folks that we
Speaker 2: don't want the executive to have.
Speaker 1: Sweeping emergency powers.
Speaker 2: That tool gets handed to the next person, goodness sakes.
Speaker 1: And they will you know, there's a school shooting and
Speaker 1: they will say, this is a this is an emergency,
Speaker 1: it's a health emergency. Shootings. That was brought up during Biden,
Speaker 1: the idea of declaring some sort of health emergency or
Speaker 1: safety emergency around shootings and then you can do all
Speaker 1: kinds of gun things that are you couldn't do otherwise. Yeah.
Speaker 2: One of their favorite tax is to say that, like
Speaker 2: poverty or income inequality is a civil rights issue. If
Speaker 2: they can show that there's a racial imbalance of any kind,
Speaker 2: then it becomes you know, the Justice Department and it's
Speaker 2: a civil rights violation to make more than your neighbor
Speaker 2: if you have lighter skin than them. And god knows
Speaker 2: what they might concoct President aoc.
Speaker 1: Oh, here's the best one, the most the easiest one
Speaker 1: probably for the right administration. A climate emergency, and they
Speaker 1: could do all kinds of things with not letting you
Speaker 1: drive a gas car or whatever they want to do. Right, Yeah,
Speaker 1: that's highly troubling I want to talk about my son
Speaker 1: went to the Minecraft movie Friday night, so did like
Speaker 1: every other young person in America. Interesting phenomena around that
Speaker 1: I want to bring up, among other things. We'll finish strong,
Speaker 1: stay tuned Strong. I don't know how many of you
Speaker 1: went to the Minecraft movie. You'd probably have to be
Speaker 1: that you took younger kids to it, or you have
Speaker 1: older kids that you know went to it, and that
Speaker 1: could be from age thirteen till thirty five. Because Minecraft's
Speaker 1: been the top video game in the world for a very,
Speaker 1: very long time.
Speaker 2: And you're just going to say, I hope the twenty
Speaker 2: to thirty five year olds who loved Minecraft are going
Speaker 2: on their own, not being brought by their parents.
Speaker 1: Right, Yeah, So there, you know, you might be a
Speaker 1: forty year old guy that Minecraft was huge for you
Speaker 1: when you were younger, and you're kind of going out
Speaker 1: in nostalgia or whatever. But the Minecraft Movie broke all
Speaker 1: kinds of box office records, Biggest video game movie opening ever,
Speaker 1: biggest movie of the year so far. It's a Jack
Speaker 1: Black vehicle. He's pretty enjoying him on Saturday Night Live.
Speaker 1: I wonder if he ever auditioned for SARAHNT Live he's
Speaker 1: just one of those people that's he's like Keenan Thompson.
Speaker 1: He's just one of those people that's funny. It doesn't
Speaker 1: really even matter if the lines are good. He's just
Speaker 1: funny saying them, and he made every skip better. But anyway,
Speaker 1: here's an interesting thing about the Minecraft movie that is
Speaker 1: a new phenomenon. Perhaps. First of all, it was my
Speaker 1: son wanted to go with his friends, so I wanted
Speaker 1: me to buy tickets online. And you now, at all
Speaker 1: movie theaters, you buy your tickets like you do for
Speaker 1: a concert. You have a specific seat. And I said, well,
Speaker 1: you can sit wherever you want. He said, no, it's
Speaker 1: going to be packed. And I don't know, okay, And it
Speaker 1: turned out it was. He texted me when he got
Speaker 1: there and there was a line three blocks long. And
Speaker 1: they were playing the movie like every hour on different screens,
Speaker 1: and there was still a line three blocks long on
Speaker 1: opening day for this movie. And my youngest son, Henry,
Speaker 1: who's thirteen, he'd mentioned at boy Scouts everybody was dropping
Speaker 1: Minecraft lines. They said, well, the movie hasn't come out yet, right,
Speaker 1: He said yeah, but everybody knows the lines from And
Speaker 1: I said, well how and he said well, the trailers
Speaker 1: that they run. So if you're on YouTube and you
Speaker 1: don't know YouTube knows who's watching, they're not sending me
Speaker 1: that trailer. I pay the premium on YouTube, so I
Speaker 1: don't have to watch a hands. But they see all
Speaker 1: these ads and they see the trailers, and so they
Speaker 1: are catch phrases that caught on before the movie comes out.
Speaker 1: Now start the clip here. So this is my high schooler.
Speaker 1: He knew this was coming, and so did everybody else
Speaker 1: in the theater, and they got He got his phone
Speaker 1: out and recorded it in here, and then I'll fill
Speaker 1: it in after you. This is Jack Black. Here we
Speaker 1: go actually ended up talking over it, but everybody in
Speaker 1: the theater said the line along with the character, and
Speaker 1: then clapped at a movie they've never seen before. Wow,
Speaker 1: I find that interesting. I remember we're talking at this standpoint.
Speaker 2: When the Simpsons movie came out, everybody knew about Spider Pig,
Speaker 2: for instance, and the Spider Pig song. All the best
Speaker 2: punchlines are in the trailers. It's annoying.
Speaker 1: Chicken jockey is what everybody said there, Chicken jockey. And
Speaker 1: then they all clap for a movie they've never seen before.
Speaker 1: So the height the promotional machine for these movies. That's
Speaker 1: got to be its own industry where I'm sure you
Speaker 1: can make a ton of money of understanding how to
Speaker 1: create this kind of buzz before the product's even been
Speaker 1: out there, and then anybody even has a chance to
Speaker 1: decide if they like it or not.
Speaker 2: Yeah, and now the social media stuff, I'll bet that
Speaker 2: is that the highest paid the position at a movie studio.
Speaker 1: It damn well got it might be. And then so
Speaker 1: then that's the commerce part of it. And then I
Speaker 1: just thought the cultural part of it, how important it
Speaker 1: was for both of my kids to know the catchphrases
Speaker 1: and throw them around, and like the street credit gives
Speaker 1: you to be able to know them and laugh at
Speaker 1: them and everything like that. Like he did a boy
Speaker 1: Scout camp two weeks ago, everybody was throwing a it
Speaker 1: wasn't chicken, it was chicken jockey, and what was the
Speaker 1: other one? It's coming in hot I guess it's a hotline.
Speaker 1: And you say that to your friends that they all
Speaker 1: laugh and it makes you cooler and they cooler, and
Speaker 1: it's a bonding moment or something. Sure any anthropologists could
Speaker 1: explain it to you. I feel like when I was younger.
Speaker 1: The movie had to a movie had to come out
Speaker 1: and catch on before there were catchphrases. I don't remember ever,
Speaker 1: like the crowd chanting a catchphrase for a movie we've
Speaker 1: never seen before.
Speaker 2: All Right, you might giggle with recognition seeing that punchline
Speaker 2: that was on the promo that annoyed me in the
Speaker 2: ad or the trailer or whatever, but no, not so
Speaker 2: omnipresent that people even know, you know when it's coming
Speaker 2: and can say it.
Speaker 1: And get out their phones to record it. So the
Speaker 1: movie industry is dying, you know, they're just they're just
Speaker 1: really struggling to try to figure out how to get
Speaker 1: people in theaters. But maybe creating this sort of a
Speaker 1: yeah gotta be in the no phenomenon ahead of time
Speaker 1: is the way to get people in there. Yeah, it's
Speaker 1: more I need to be able. It's more of a
Speaker 1: I need to say I've seen that because we're all
Speaker 1: saying this catchphrase than it is about wanting to see
Speaker 1: the movie. That's I guess That's what I'm getting at. Yeah. Yeah, interesting,
Speaker 1: they've had to stand it on their head.
Speaker 2: I know.
Speaker 1: The seats are sure a lot more comfortable at the
Speaker 1: movie theater than they used to be. That's an adventure
Speaker 1: back to one some day. So expensive though. Oh see,
Speaker 1: now I'm back to watching it home. Oh it's a
Speaker 1: lot of money I sent him. I bought his ticket.
Speaker 1: It was I think with the tax and buying it
Speaker 1: on fandego, I might have spent close to twenty bucks
Speaker 1: for a movie ticket. And then I give him twenty bucks.
Speaker 1: I said, I'm only giving you. I wanted forty. I said,
Speaker 1: I'll give you twenty bucks and that's it. You can
Speaker 1: drink out of the water fountain or I don't know,
Speaker 1: bring a snack bar or something. But but that's sixty
Speaker 1: you know, that's forty dollars. I'm into this.
Speaker 2: All of these numbers seem so high to me, don't they.
Speaker 2: This is how you end up saying, I remember where
Speaker 2: you could take your best girl Nickelodeon for a dime.
Speaker 1: Yeah that that commentary. Your commentary right there made sense
Speaker 1: prior to the inflation. But the inflation has everybody saying
Speaker 1: these numbers seem high.
Speaker 2: Oh yeah, well it's not. You know, eh, when I
Speaker 2: was young man, it's like two years ago.
Speaker 1: Yeah, thank god, they don't serve eggs at the movie theater.
Speaker 1: Imagine how expensive. I would be Oh, a movie theater
Speaker 1: egg delicious.
Speaker 2: Though it's thought I'm strong again, it's less.
Speaker 1: I'm strong, You're ready Green and I'm strong. That's about
Speaker 1: say something else, but I'll save it from my final
Speaker 1: But here's your host for final thoughts, Joe Getty.
Speaker 2: Let's get a final thought from everybody on the crew
Speaker 2: to wrap things up for the day. There he is
Speaker 2: pressing the buttons in the control room, Michael Angelo. Michael
Speaker 2: final thought. You know, I can't go to the movie
Speaker 2: theorist anymore because as an older man now I have
Speaker 2: to go to the bathroom and I can't pause it.
Speaker 1: You know, I sit there in the theater. Oh, I
Speaker 1: can't pause this, you know. Yeah, that is an interesting thing.
Speaker 1: When you're used to pausing. It seems just so wrong
Speaker 1: to get up and leave while it's still going. I know,
Speaker 1: it seems great.
Speaker 2: You gotta systematically dehydrate yourself over the course of two days, Michael,
Speaker 2: Katie Green are esteemed Newswoman.
Speaker 1: As a final thought, Katie, Oh, we talked earlier in
Speaker 1: the show about that video of the liberals just unhinged
Speaker 1: at the protest, and you can see it by going
Speaker 1: to Armstrong. Getty dot com and going to Katie's corner.
Speaker 1: It's posted there.
Speaker 2: Yeah, the visual is definitely worth taking. And Jack final
Speaker 2: thought sociology, human beings.
Speaker 1: It's all so interesting, the fact that we would bond around,
Speaker 1: that we would get so much meaning out of I
Speaker 1: know this catchphrase for the movie, you know the catchphrase,
Speaker 1: we're all gonna say it together. We feel closer or
Speaker 1: more a part of something. It's I'll find it fascinating.
Speaker 2: For millions of years. The other tribe would kill you
Speaker 2: and take your stuff.
Speaker 1: That's it. Am I in your tribe? Or are you
Speaker 1: in the other tribe? Oh you're in my tribe? Right? Okay, Yeah,
Speaker 1: as simple as that.
Speaker 2: My final thought at air travel, when it's good, it's bad.
Speaker 2: When it's bad, it's awful. I never want to go
Speaker 2: anywhere again. I'm just going to stay in my house.
Speaker 2: I'm not even gonna ride in a car because somebody
Speaker 2: might accidentally whisk me to the airport and I'd end
Speaker 2: up on a plane.
Speaker 1: Armstrong and Getty wrapping of another grueling four hour workday.
Speaker 2: So many people, thanks, so a little time. Go to
Speaker 2: armstronging Geeddy dot com. Check out Katie's corners. The hot
Speaker 2: links drop us a note mail bag at Armstrong in
Speaker 2: getty dot com. Pick yourself up some ge swag while
Speaker 2: you're there. The Spicy Times at.
Speaker 1: Where will the markets end up today? And then what
Speaker 1: will the commentary be? And we'll get into another day
Speaker 1: of that whole thing tomorrow. See then, God bless America.
Speaker 1: I'm strong and Getchet. It's hold. We need to adapt
Speaker 1: our approach. GUSSI. I hope you'll stand up and stop
Speaker 1: this madness. You're kind of damned if you do, and
Speaker 1: damned if you don't.
Speaker 2: Blah blah blah blah blah blah.
Speaker 1: My point was mad. That's the Awso there's a hole
Speaker 1: in the sky where a tree once stood. Somebody's making
Speaker 1: money on your feet there. Your time has expired. They
Speaker 1: all very much Armstrong and Getty