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Speaker 1: Can't.

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Speaker 2: I am six forty.

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Speaker 3: You're listening to the John Cobel podcast on the iHeartRadio app.

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Speaker 4: Lou Penrose in for John today. Good to have you

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Speaker 4: along with us. Happy Wednesday. So this case in Georgia

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Speaker 4: against Donald Trump is officially dead. A judge everseen the

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Speaker 4: case has confirmed that it is. It's been tossed out.

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Speaker 4: So Fulton County District Attorney Fannie willis a swing and amiss.

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Speaker 4: ABC legal analyst Royal Oaks joins us to fill in

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Speaker 4: the gaps here.

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Speaker 2: The judge effectively said.

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Speaker 1: What Royal, Well, yeah, it was kind of more like

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Speaker 1: a slam of mess. Yeah, but a double play against

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Speaker 1: the government and in favor of Donald Trump. What the

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Speaker 1: judge said was that I'm granting the request by the

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Speaker 1: special prosecutor to dump this thing, saying it would be unproductive.

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Speaker 1: Presidential immunity might make it hard to go after Donald Trump,

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Speaker 1: could take five, six, seven years, complex issues, And of

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Speaker 1: course critics are saying, well, criminal proceedings are often Masthew marathons,

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Speaker 1: but they're worth it to uphold the law. So you're

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Speaker 1: abound to see some criticism of this. But isn't an

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Speaker 1: amazing Lou, I mean it's basically over four. Yeah, he

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Speaker 1: was convicted on the Stormy Daniels deal, but he got

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Speaker 1: absolutely no time. The Washington DC and Forida cases were tossed,

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Speaker 1: and now the fourth case it's also gone.

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Speaker 2: And this was the only.

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Speaker 4: State or and the only legal situation where he stood

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Speaker 4: for a mug shot.

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Speaker 2: Right, this is the that's the that's.

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Speaker 4: The famous mugshot that Fulton Callym County one and which

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Speaker 4: I believe is hanging in the White House in the

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Speaker 4: Oval office.

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Speaker 1: And now it's Asthmithsonian yet right, I think there's an

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Speaker 1: amazing backstory that I've read about that picture. Apparently Trump

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Speaker 1: practiced and rehearsed for a long time to get that

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Speaker 1: mug shot just exactly right. And you know, people don't

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Speaker 1: don't have the picture in mind. They were that were

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Speaker 1: bloviating about it and just go online. But then I

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Speaker 1: don't know, if you a fan of Kirby Enthusiasm, The

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Speaker 1: Big Dure, he had a whole episode about Larry David

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Speaker 1: going down to Georgia, just like in the song, getting

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Speaker 1: into trouble, getting arrested and his mug shot. Check that

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Speaker 1: on out online if you haven't seen it. It looks

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Speaker 1: eerily like Donald Trump. If it weren't weren't for the

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Speaker 1: thatch of reddish hair on top of the president, you

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Speaker 1: would say, Larry David and Donald Trump, I never see

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Speaker 1: you in the same room. Is one of you, superman.

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Speaker 1: It's a bizarre thing.

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Speaker 2: That's hilarious.

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Speaker 4: Larry David Trump's bold goncle gamer donal Gambon. So, I mean,

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Speaker 4: so this is striking to be I mean I remember

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Speaker 4: then former New Jersey Governor Chris Christie, you know, years

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Speaker 4: back during the Biden administration, when Trump was announcing that

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Speaker 4: he was going to run again, Christy was like, He's

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Speaker 4: going to be in jail. There's no question about it.

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Speaker 4: He's going to be in jail. I remember that was

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Speaker 4: the the conventional wisdom among many, uh you know, in

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Speaker 4: the know in the beltwayh was, Trump's not going to

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Speaker 4: survive these charges.

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Speaker 2: One of them is going to get him, and he's

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Speaker 2: in the whiteout.

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Speaker 1: Absolutely yeah.

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Speaker 2: So, I mean he beat them all.

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Speaker 1: He really did. And the amazing thing is when you

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Speaker 1: look back at twenty twenty three, the year before the election,

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Speaker 1: the Democrats rolled out and the prosecutors rolled out four

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Speaker 1: separate indictments timed cleverly every two or three months throughout

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Speaker 1: the year, and he didn't have to be a brain

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Speaker 1: surgeon to know, oh, that could easily translate to four

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Speaker 1: criminal trials in the seven or eight months before the

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Speaker 1: November twenty twenty four election. And so it was just

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Speaker 1: teed up beautifully and then remarkably every single one, I mean,

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Speaker 1: the stormy Daniels in the past. As you know, Luke,

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Speaker 1: you're running for president and you have thirty four felonies

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Speaker 1: on your record. Excuse me, I mean it used to

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Speaker 1: be you couldn't get elected if you were a divorced man.

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Speaker 1: So now yeah, Instead we have a situation where Trump

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Speaker 1: easily overcomes the convictions and then boom, boom, boom. The

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Speaker 1: Florida cases tossed because the Republican appointee Trump appointed Judge

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Speaker 1: Ellen Cannon in Florida, but she said, I don't think

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Speaker 1: Jack Smith was appointed legally, So boom, these top secret

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Speaker 1: documents in the bathroom case is gone. The one thing

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Speaker 1: I will say, you're gonna see a lot of reporting

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Speaker 1: that Trump's totally nuclear. There is a tiny chance that

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Speaker 1: if a Democrat wins the White House in twenty twenty eight,

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Speaker 1: and if he or she, of course appoints an Attorney

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Speaker 1: General sympathetic to their causes. That age could say, you

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Speaker 1: know what, the case against Donald Trump for election interference

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Speaker 1: in Washington, d c. And whipping the crowd into a

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Speaker 1: frenzy January sixth, blah blah blah, that was dismissed, put

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Speaker 1: on hold, but it could be revived because the new

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Speaker 1: ag could say, you know, the statute limitations. It can't

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Speaker 1: run while he's in the White House because we can't

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Speaker 1: throw him, or we can't go after him criminally while

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Speaker 1: he's in the White House. So there is a remote

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Speaker 1: chance that there is one more thing that could get

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Speaker 1: through the radar and get Donald Trump in terms of

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Speaker 1: one of those four criminal cases, but it probably isn't

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Speaker 1: gonna happen. I wouldn't go to Vegas and bet on it.

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Speaker 2: But sorry.

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Speaker 4: So that's the the one lingering out there, a j

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Speaker 4: six charge, and that would have to occur after he's

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Speaker 4: out of office, after January of twenty twenty nine. And

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Speaker 4: that's only if a Democrat wins or a Trump painting Republican,

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Speaker 4: but somebody that wants to.

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Speaker 1: See and pay the price for Yeah, if Liz Cheney

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Speaker 1: is if Liz Cheney somehow beats Marco Robio and Jdve

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Speaker 1: answered the presidency. Yeah, I think the Cheney administration just

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Speaker 1: might go after Donald Trump.

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Speaker 2: Oh yeah, I think that's a I'm not gonna bet

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Speaker 2: on that one either.

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Speaker 4: The one thing about this though, that well, now we'll

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Speaker 4: never know the situation in Georgia, right the I mean

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Speaker 4: I have I have the screenshot on my phone because

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Speaker 4: just as a statistician and a political scientist, I still

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Speaker 4: find it amazing. And I know they told us that

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Speaker 4: Biden carried the state of Georgian twenty twenty, but at

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Speaker 4: ten o'clock I have the screenshot of CNN and it

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Speaker 4: is with eighty three percent of the precincts in at

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Speaker 4: ten o'clock, two million, two hundred and ten thousand, Biden

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Speaker 4: one million, eight hundred and ninety nine thousand, a three

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Speaker 4: hundred and eleven thousand vote difference, with eighty three percent reporting,

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Speaker 4: and Biden won by eleven thousand, seven hundred and seventy

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Speaker 4: You know which I mean is such as point zero

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Speaker 4: three five percent of the.

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Speaker 1: State statistically, Yeah, and you know that very thing. Plus

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Speaker 1: the Pennsylvania example is just like, by.

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Speaker 4: The way, a state, a state that Obama law a

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Speaker 4: state that Obama lost twice in two thousand, two thousand

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Speaker 4: and twelves.

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Speaker 1: Go ahead, Yeah, I just go to the here's the problem.

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Speaker 1: The critics are able to say, well, Trump gave it

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Speaker 1: a shot. He had sixty lawsuits and they were shot

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Speaker 1: down by every court, including courts where he appointed majority

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Speaker 1: of the members. And so if there was any there there,

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Speaker 1: we would have seen it. But obviously a lot of

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Speaker 1: people have strong suspicions and the doubts.

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Speaker 2: Lager and now it's gonna go.

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Speaker 4: This will now be conspiracy theory in American pop culture,

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Speaker 4: and it'll be relegated to late night talk radio.

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Speaker 2: Royal Oaks, thanks so much for coming off with this.

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Speaker 2: Appreciate the legal analysis. Have yourself a fantastic holiday weekend.

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Speaker 2: You two.

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Speaker 1: Thanks there, he goes.

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Speaker 4: ABC Legal analyst, Royal Oaks. So the Georgia thing is over.

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Speaker 4: I'm glad now that I say. I bought two Trump

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Speaker 4: mugshot T shirts. As soon as that mugshot was taken,

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Speaker 4: the Trump campaign made it into a T shirt, and

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Speaker 4: I bought two. They were forty seven dollars. Because of

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Speaker 4: forty seven and so I made two contributions for to

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Speaker 4: Trump twenty twenty four to get one for me, and

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Speaker 4: I haven't opened it. I'm gonna keep it as a

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Speaker 4: I think it'll go up in value unless I can

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Speaker 4: get it signed. And one I give away as a

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Speaker 4: gift to my neighbor and he wears it around the

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Speaker 4: neighborhood and walks the dog and it's hilarious. But now

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Speaker 4: the Georgia mug shot of Donald Trump is probably the

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Speaker 4: most valuable thing in American political pop culture. All right,

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Speaker 4: when we come back, Trump is talking a little bit

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Speaker 4: about Thanksgiving and affordability and trying to balance two very

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Speaker 4: separate things.

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Speaker 2: It is so it is just a complete.

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Speaker 4: Fact that Thanksgiving dinner, using the same standards as they

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Speaker 4: use to measure cost, is cheaper today than it was

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Speaker 4: in the Biden administration, no question about it. But a

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Speaker 4: majority of Americans don't feel very excited about the economy.

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Speaker 4: So how does this administration reconcile those two very real emotions.

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Speaker 4: I'll walk you through it and share with you my

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Speaker 4: point of view, and you can share yours. Lou Penrose

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Speaker 4: Info John Coblt on KFI AM six forty live everywhere

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Speaker 4: on the iHeartRadio app.

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Speaker 5: You're listening to John Coblt on demand from KFI AM

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Speaker 5: six forty.

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Speaker 4: Lou Penrose info John Belt on the John Cobalt Show.

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Speaker 4: Thanks for having us along with you. So the criminal

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Speaker 4: case against Donald Trump in Georgia officially dead.

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Speaker 2: The Georgia story is still.

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Speaker 4: On my mind, I without being an election denier, and

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Speaker 4: I don't even think we're allowed to say this anymore.

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Speaker 4: I think, well, during the Biden administration, the FCC was

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Speaker 4: cautioning us, those of us on the radio. So yeah, okay,

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Speaker 4: they tell us that Biden carried the state of Georgia. Okay,

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Speaker 4: before they shut down voting and sent everybody home. Trump

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Speaker 4: was up by three hundred and eleven thousand votes with

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Speaker 4: eighty three percent of the precincts reporting. And the next

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Speaker 4: day the Trump campaign in Georgia asked for a recount

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Speaker 4: because they said that Biden had won the state of

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Speaker 4: Georgia and it was statistically all almost impossible. It is possible,

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Speaker 4: but it would require a feat of political science that

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Speaker 4: should result in every government school, like the Kennedy School

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Speaker 4: of Government and the Georgetown School of Political Science, like

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Speaker 4: every university that has a political science department, to close

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Speaker 4: up shop and relocate into Fulton County.

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Speaker 2: Georgia, because that is how you would election.

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Speaker 4: I mean it just that should be the headquarters of

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Speaker 4: understanding campaigns.

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Speaker 2: So the Trump campaign asked for a recount, and.

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Speaker 4: The first round of recounts by they say Biden won

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Speaker 4: by thirteen thousand, five hundred and fifty eight votes, and

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Speaker 4: the Trump campaign asked to recount, and then that margin

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Speaker 4: of victory reduced to twelve two hundred and eighty four votes.

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Speaker 2: So Trump picks up seventeen hundred.

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Speaker 4: And seventy nine votes on the first recount, seventeen hundred

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Speaker 4: and seventy nine votes, like ten percent of the eleven

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Speaker 4: thousand vote victory that they say Biden won by.

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Speaker 2: So the Trump campaign.

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Speaker 4: Asked for a second round of recount, and that twelve

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Speaker 4: eighty four was reduced down now to eleven seven seventy nine.

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Speaker 2: So from the initial call of the election.

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Speaker 4: To when Trump now famously got on the phone and said,

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Speaker 4: keep the recount going, I only need eleven thousand, seven

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Speaker 4: hundred and seventy nine votes, it wasn't that he was

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Speaker 4: asking the Secretary of State to go make up the votes.

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Speaker 2: He was saying, we're moving in the right direction.

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Speaker 4: A few hours ago, by they say Biden won by

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Speaker 4: thirteen thousand and five.

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Speaker 2: Now we're down to eleven seven.

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Speaker 4: That's a difference of five eight hundred and eighty nine votes,

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Speaker 4: thirty one percent of the entire margin of victory. So

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Speaker 4: why would we stop recounting if I've picked up five

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Speaker 4: thousand votes of eleven thousand needed? But they stopped, and

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Speaker 4: they said he was trying to manipulate the Secretary of State,

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Speaker 4: and the rest is history, and they awarded the state

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Speaker 4: of Georgia to President Biden, and a Democrat had not

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Speaker 4: won the state of Georgia. Like forever, like we forget

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Speaker 4: as like polypsime majors, we still study these things.

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Speaker 2: The rest of us forget about these things.

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Speaker 4: But we are led to believe that Joe Biden did

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Speaker 4: better in the state of Georgia than Barack Obama twice.

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Speaker 2: And we are led to believe.

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Speaker 4: That President Biden is more popular with the African American

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Speaker 4: vote in Fulton County, Georgia than Barack Obama twice. McCain

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Speaker 4: won Georgia, Romney won Georgia.

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Speaker 2: Trump won Georgia two thousand and sixty. George W.

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Speaker 4: Bush won Georgia, and he was running against the guy

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Speaker 4: who was the senior Senator of Tennessee. Vice President Al

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Speaker 4: Gore was the senior senator of Tennessee. You know where

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Speaker 4: Tennessee is right next to Georgia, and he couldn't win it,

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Speaker 4: but somehow Biden was able to win it. All right, Well,

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Speaker 4: there you go. There's a little political science history for you.

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Speaker 4: I just still find it amazing. Speaking of Trump, Okay,

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Speaker 4: so Trump is trying to juggle these consumer confidence numbers.

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Speaker 4: It is certain that Thanksgiving tomorrow will cost your host less,

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Speaker 4: either you or whoever's hosting that Thanksgiving dinner. The price

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Speaker 4: is certainly down, and Trump is trying to celebrate that.

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Speaker 4: But at the same time, consumer confidence is down, and

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Speaker 4: those are two difficult things to reconcile.

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Speaker 6: President Trump is translating mixed economic news retail sales up,

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Speaker 6: consumer confidence down this way. The American Farm Bureau Federation's

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Speaker 6: accounting finds that a classic Thanksgiving dinner for ten comes

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Speaker 6: out to about fifty five dollars eighteen cents. That is

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Speaker 6: five point fifty two a person, and that is down

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Speaker 6: five percent a person from last year.

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Speaker 4: As the Fox News is Peter Doucy, I don't know

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Speaker 4: about that five to fifty two price tag per serving

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Speaker 4: that seems low. I've never done this. I've never added

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Speaker 4: up because there's never one receipt. You got the cost

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Speaker 4: go receipt, and then people want pies from a certain place,

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Speaker 4: and then people want buns from a certain place.

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Speaker 2: So it's too much.

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Speaker 4: But I can't imagine you can get away with serving

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Speaker 4: ten people for five dollars and fifty two cents.

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Speaker 2: Like a McDonald's value meal is eight dollars like Boston

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Speaker 2: markets more than that.

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Speaker 4: So I get it that Thanksgiving dinner buy and large

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Speaker 4: for all the belly aching about cost is a pretty

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Speaker 4: inexpensive meal to provide, like turkey is a very inexpensive bird.

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Speaker 4: It's it's it's much less expensive now because everybody's buying

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Speaker 4: it so and they want to make it a lost

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Speaker 4: lead and get you in the store. So that all

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Speaker 4: makes sense. But really, for the rest of the year,

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Speaker 4: it's not all that expensive. And potatoes are not expensive,

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Speaker 4: they never have been. Green Beans are probably the least

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Speaker 4: expensive thing in the produce aisle.

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Speaker 2: They're available all year, and frozen green beans work. Really.

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Speaker 4: The pumpkin pie, unless you go to Costco, is probably

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Speaker 4: the most expensive thing going on in the traditional Thanksgiving meal.

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Speaker 2: Now, I don't know what you doing for appetizers.

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Speaker 4: None of this accounts for booze, so that will always

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Speaker 4: jack up the cost.

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Speaker 2: But the affordability thing is a new.

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Speaker 4: Discussion, and everybody is saying that's what's going to be

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Speaker 4: discussed around the Thanksgiving Day table is how America is

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Speaker 4: just not affordable in the eyes of a lot of

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Speaker 4: your guests. And what's interesting is, while well, the meal

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Speaker 4: that you will be eating is more affordable than it

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Speaker 4: was last year, everything around you will be.

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Speaker 2: Less affordable, Like the dinner is cheaper.

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Speaker 4: The house and the light bill and the electricity and

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Speaker 4: the gas to go to Grandma's house more expensive.

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Speaker 7: The topics of costing of food and other expenses will

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Speaker 7: most likely be discussed around the Thanksgiving table tomorrow, especially

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Speaker 7: after a reason Fox News poll found that seventy six

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Speaker 7: percent of voters view the economy negatively.

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Speaker 2: Yeah, that's bad.

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Speaker 4: Seventy six percent of and that's Fox view the economy negatively.

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Speaker 2: Well, can we have a reality check for just a moment.

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Speaker 4: And for those with Trump derangement syndrome, hang on for

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Speaker 4: a second, hear me out. I know you're out there,

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Speaker 4: and that's fine. You know that I'm a fan of Trump.

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Speaker 4: I'm on the Trump train. I'm unabashed about it. I

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Speaker 4: think what he's doing is right. He's fulfilling every campaign promise,

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Speaker 4: and I, as a voter, couldn't be happier. But what's

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Speaker 4: real is real, and that is if if everything is

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Speaker 4: so unaffordable, then how can we have record flying in

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Speaker 4: America for Thanksgiving? They will be eighty eighteen million passengers

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Speaker 4: from yesterday through next Tuesday.

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Speaker 2: That's a record fifty two thousand flights.

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Speaker 4: Like, if everything's so unaffordable, if gas is so unaffordable,

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Speaker 4: why is the ten as we speak not moving from

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Speaker 4: Los Angeles to Palm Springs?

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Speaker 2: Why is the ninety one just a parking lot because.

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Speaker 4: Everybody's going out to the desert to celebrate Thanksgiving? And

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Speaker 4: the fifteen from San Diego out to Palm Springs. My

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Speaker 4: son just came back from Mammoth. It took him so

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Speaker 4: long because of the traffic.

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Speaker 2: If everything is so.

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Speaker 4: Unaffordable, why are people in Mammoth? If energy prices are

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Speaker 4: so unaffordable, why are people traveling in record numbers? So

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Speaker 4: it's by literal definition affordable because you're doing it, Loupenro,

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Speaker 4: if of John Cobelt on the John Cobelt Show on

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Speaker 4: k i AM six forty live everywhere on the iHeartRadio apps.

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Speaker 5: You're listening to John Cobelt on demand from KFI AM

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Speaker 5: six forty.

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Speaker 4: Louke Penrose if John Cobelt, it's good to have you

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Speaker 4: along with us as we move our way to Thanksgiving

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Speaker 4: which is scheduled for tomorrow, that everybody's already there or

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Speaker 4: on the way there, and we're guiding it through. And

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Speaker 4: stay tuned too i AM six forty for traffic information

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Speaker 4: and everything else. Talking about the affordability question, there are

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Speaker 4: two numbers out there that really don't match up. One

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Speaker 4: is Thanksgiving is certainly more affordable. Prices are down, inflation's

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Speaker 4: under control, and energy costs are under control, so Thanksgiving

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Speaker 4: is more affordable. Yet when you ask Americans, they're concerned

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Speaker 4: about costs.

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Speaker 7: Seventy six percent of voters view the economy negative and

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Speaker 7: see their costs for groceries, utilities, healthcare, and housing have

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Speaker 7: gone up this year. But with those planning to feed

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Speaker 7: loved ones, we do have some good news. The average

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Speaker 7: Thanksgiving dinner for ten people costs about fifty five dollars.

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Speaker 7: That's a five percent decrease from last year according to

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Speaker 7: the American Farm Bureau Federation.

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Speaker 4: I still question that fifty five dollars for a table

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Speaker 4: of ten or five fifty two per person. But nevertheless,

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Speaker 4: it's good news that Thanksgiving is more affordable. It's bad

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Speaker 4: news that Americans think everything is less affordable. What were

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Speaker 4: the four categories that she mentioned there, housing, utilities, and healthcare.

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Speaker 4: There were four things that she said that Americans think

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Speaker 4: is just too high.

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Speaker 7: Negatively, and see their costs for groceries, utilities, healthcare, and housing.

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Speaker 4: Okay, so let's go through these. Grocery costs are certainly down.

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Speaker 4: Thanksgiving can't be cheaper if groceries are not cheaper. Not

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Speaker 4: everything is cheaper, but there are a lot of things

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Speaker 4: to eat, so buy the things that are cheaper. But

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Speaker 4: during the Biden administration, I remember during those four years.

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Speaker 8: Were the form Those four years were formative for my

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Speaker 8: oldest because he went from just enjoying steak to learning

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Speaker 8: how to grill and prepare steak, and he just that

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Speaker 8: was this thing.

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Speaker 2: And so I said, all right, well what we should do.

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Speaker 4: Let's just you know, eat our way down the butcher

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Speaker 4: counter and try different cuts of meat, and that was

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Speaker 4: Those were the bad four years to do that, because

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Speaker 4: steak prices were just going.

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Speaker 2: Up and up and up.

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Speaker 4: But I do remember watching these steak prices just going

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Speaker 4: up by two dollars.

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Speaker 2: A week, week after week after week. And we have

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Speaker 2: Sunday dinner at my house.

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Speaker 4: It's an Italian thing, so like what's going on at

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Speaker 4: your house tomorrow for Italians, goes on every Sunday, like

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Speaker 4: the same amount of people, the same amount of dishes,

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Speaker 4: not not turkey, but sometimes steak in the time, and

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Speaker 4: it was becoming a pretty penny because those prices were

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Speaker 4: just going up and up and up. I go now

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Speaker 4: to by steak. It is certainly not as high as

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Speaker 4: it was. They're still too high, but.

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Speaker 2: They're not going up week after week after week, so.

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Speaker 4: Grocery prices are down. The housing thing is a function

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Speaker 4: of where you want to live.

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Speaker 2: I have just reached a conclusion.

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Speaker 4: I have been listening to discussions from economists and policymakers

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Speaker 4: and politicians about housing affordability in southern California, and I

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Speaker 4: have just reached the conclusion that housing was never supposed

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Speaker 4: to be affordable.

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Speaker 2: Like that is a function of the demand to live

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Speaker 2: in this beautiful area.

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Speaker 4: If you live in Manhattan Beach. It's not designed to

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Speaker 4: be affordable. It's designed to be desirable, and that comes

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Speaker 4: with a price. London is desirable, New York City desirable,

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Speaker 4: Beverly Hills desirable, people want my Iami desirable.

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Speaker 2: People want to live there.

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Speaker 4: The demand to live in the same place causes the

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Speaker 4: price to rise of housing.

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Speaker 2: That's just a reality.

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Speaker 4: Now you can offset that by building more, but can

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Speaker 4: only build so much along the sand, except in the

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Speaker 4: palace aides, where nobody wants to build.

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Speaker 2: Well, they will let people build, But like this, there's.

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Speaker 4: Only so much beats front property in southern California, and

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Speaker 4: there's only so much hillside property facing west, so you

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Speaker 4: can build and build and build, but it isn't going

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Speaker 4: to be in as high of demand. So housing affordability

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Speaker 4: is a function of you choosing to pay for very

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Speaker 4: expensive housing because you can move.

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Speaker 2: Now.

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Speaker 4: The utilities thing and the healthcare thing, that's an interesting one.

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Speaker 4: I don't know that utilities are expensive in other parts

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Speaker 4: of the country to the tune of California. California has

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Speaker 4: driven up the cost of being able to pay the

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Speaker 4: bills through regulation and and just a very very unhealthy

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Speaker 4: alliance between lawmakers and lobbyists with the utility companies, and

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Speaker 4: it's just not working out for us at all. Like

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Speaker 4: water bills in southern California are way too high and

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Speaker 4: electric bills in southern California are just way too high.

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Speaker 2: It's just unnecessary.

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Speaker 4: So that's more of a function of political choice than

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Speaker 4: it is anything else. And then, of course the biggie

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Speaker 4: is healthcare, and healthcare was supposed to have been resolved

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Speaker 4: by President Obama, which made it his signature thing. Remember

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Speaker 4: the Affordable Care Act was called Obamacare, so it's for

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Speaker 4: half the country.

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Speaker 2: It's kind of hard to hear.

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Speaker 4: You come to my house for Thanksgiving and bitch about Obamacare.

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Speaker 2: It's like, I don't want to hear it. We had

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Speaker 2: a much better idea.

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Speaker 4: Take government out of it, privatize it more, have companies

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Speaker 4: compete for each other, have them compete for your premiums, right,

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Speaker 4: get into tort.

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Speaker 2: Reform, which is lawsuit abuse reform, and.

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Speaker 4: Really privatize so much of it so there's competition and excellence.

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Speaker 4: And President Obama said, no, we got to give everybody

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Speaker 4: government run healthcare because it'll be affordable.

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Speaker 2: And it's been a complete disaster.

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Speaker 4: So for literally for half the country that thought Obama

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Speaker 4: was so great at making healthcare affordable, I frankly don't

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Speaker 4: want to hear from them, And that's going to be

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Speaker 4: my answer at the Thanksgiving table tomorrow.

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Speaker 2: I don't want to hear about it.

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Speaker 4: I think things are about as affordable as there ever

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Speaker 4: going to be. And by the way, there is a

442
00:24:43,760 --> 00:24:47,600
Speaker 4: diminishing level of marginal return on prosperity. President Trump can

443
00:24:47,640 --> 00:24:50,080
Speaker 4: only take this so far. Now, We've only been in

444
00:24:50,119 --> 00:24:51,600
Speaker 4: this presidency.

445
00:24:51,080 --> 00:24:52,920
Speaker 2: For I mean, where are we.

446
00:24:52,840 --> 00:24:57,080
Speaker 4: We are three hundred and nine days into the Trump presidency.

447
00:24:57,480 --> 00:25:00,800
Speaker 4: There are eleven hundred and fifty one more more days

448
00:25:01,680 --> 00:25:05,600
Speaker 4: of making Democrats crazy and causing liberals to cry. That's

449
00:25:05,600 --> 00:25:08,159
Speaker 4: a goodly amount of time to get things on a

450
00:25:08,200 --> 00:25:11,600
Speaker 4: good track. But in the three hundred plus days, things

451
00:25:11,720 --> 00:25:15,880
Speaker 4: have stabilized. They've stopped spinning out of control. Energy prices

452
00:25:15,880 --> 00:25:18,240
Speaker 4: are down, thanksgivings cheaper.

453
00:25:18,359 --> 00:25:19,160
Speaker 2: We're on a roll.

454
00:25:19,640 --> 00:25:25,480
Speaker 4: So we continue going in this direction. Less government, lower taxes,

455
00:25:26,160 --> 00:25:29,080
Speaker 4: lower taxes on the millionaires and billionaires too, because they're

456
00:25:29,119 --> 00:25:33,600
Speaker 4: the ones that create jobs. More freedom with the personal

457
00:25:33,680 --> 00:25:39,640
Speaker 4: responsibility that comes with it. Literally start dismantling entire agencies

458
00:25:40,040 --> 00:25:47,840
Speaker 4: in the bureaucracies and get Americans working again in manufacturing jobs,

459
00:25:47,960 --> 00:25:51,520
Speaker 4: not these service work jobs where we try and grow

460
00:25:51,560 --> 00:25:54,920
Speaker 4: the economy by doing each other's laundry, but actually producing

461
00:25:54,960 --> 00:25:59,080
Speaker 4: things in the United States by onshuring and resharing American

462
00:25:59,119 --> 00:26:02,880
Speaker 4: manufacturing companies. That's the ticket, that's the direction we're going,

463
00:26:03,600 --> 00:26:07,240
Speaker 4: and I guarantee you in over eleven hundred days, this

464
00:26:07,280 --> 00:26:11,400
Speaker 4: will be a far more prosperous country. Lou Penrose Info,

465
00:26:11,480 --> 00:26:14,639
Speaker 4: John Coblt on KFI AM six forty Live everywhere on

466
00:26:14,720 --> 00:26:15,760
Speaker 4: the iHeartRadio app.

467
00:26:16,600 --> 00:26:21,960
Speaker 5: You're listening to John Cobelt on demand from KFI AM sixty.

468
00:26:22,359 --> 00:26:25,840
Speaker 4: Lou Penrose Info. John Cobelt on the John Cobalt Show.

469
00:26:26,600 --> 00:26:29,199
Speaker 4: Americans are hitting the road in record numbers, and if

470
00:26:29,240 --> 00:26:31,520
Speaker 4: you're on the road right now, you are well aware

471
00:26:31,640 --> 00:26:34,200
Speaker 4: of the amount of volume in front of you. We'll

472
00:26:34,240 --> 00:26:40,439
Speaker 4: talk with News Nations National correspondent Alex Capaio and also

473
00:26:40,840 --> 00:26:45,360
Speaker 4: Department of Transportation Secretary Sean Duffy, who this week famously

474
00:26:45,440 --> 00:26:48,560
Speaker 4: said stop going to the airport looking like a slob

475
00:26:50,000 --> 00:26:51,440
Speaker 4: in your pajamas and your slippers.

476
00:26:51,480 --> 00:26:54,720
Speaker 2: He has doubled down on this civility campaign we'll share

477
00:26:54,760 --> 00:26:57,399
Speaker 2: it with you. That's all coming up following the news

478
00:26:57,440 --> 00:26:57,880
Speaker 2: at three.

479
00:26:58,000 --> 00:27:00,200
Speaker 9: Hey, Lou, I think you kind of answered your question

480
00:27:00,240 --> 00:27:04,679
Speaker 9: about the affordability already. It's the macro effect overall. It's

481
00:27:04,760 --> 00:27:07,639
Speaker 9: not the trip to Grand Laws for Thanksgiving. That's not

482
00:27:07,840 --> 00:27:12,320
Speaker 9: where it is. It's the overall picture of healthcare is

483
00:27:12,359 --> 00:27:14,840
Speaker 9: more expensive, Inflation is now rising.

484
00:27:15,800 --> 00:27:17,560
Speaker 2: You know, housing is expensive.

485
00:27:17,680 --> 00:27:21,560
Speaker 9: All these things are more expensive and they are affecting

486
00:27:21,600 --> 00:27:22,359
Speaker 9: the bottom line.

487
00:27:22,600 --> 00:27:23,480
Speaker 2: I appreciate the call.

488
00:27:23,720 --> 00:27:27,120
Speaker 4: See this is why you cannot double major in politics

489
00:27:27,240 --> 00:27:30,840
Speaker 4: and economics.

490
00:27:31,359 --> 00:27:33,000
Speaker 2: Explain me again the macro effect.

491
00:27:33,160 --> 00:27:38,560
Speaker 4: So you can't afford to live, pay your healthcare premiums

492
00:27:38,600 --> 00:27:41,719
Speaker 4: and eat, but you can't afford to fill up your

493
00:27:41,720 --> 00:27:43,760
Speaker 4: car with gas and go sit sit in traffic on

494
00:27:43,800 --> 00:27:47,760
Speaker 4: the ninety one like if it were, if it were truly,

495
00:27:48,000 --> 00:27:51,320
Speaker 4: I get it that everything's expensive. First off, the inflation thing.

496
00:27:53,800 --> 00:27:57,840
Speaker 4: Coca Cola was five cents in the fifties when Richie

497
00:27:57,840 --> 00:28:01,640
Speaker 4: Cunningham went to Arnold's Diner with Pop seeing Ralph Mouth right,

498
00:28:01,800 --> 00:28:06,240
Speaker 4: five cents. It's not five cents today. You don't expect

499
00:28:06,280 --> 00:28:10,200
Speaker 4: to pay five cents for it as like inflation made

500
00:28:10,240 --> 00:28:11,640
Speaker 4: Coca cola unaffordable.

501
00:28:13,440 --> 00:28:14,560
Speaker 2: It's gone up pretty much.

502
00:28:15,440 --> 00:28:18,160
Speaker 4: Don't even think about buying it at the McDonald's drive

503
00:28:18,240 --> 00:28:22,880
Speaker 4: through without using the app. So everything goes up in price,

504
00:28:22,920 --> 00:28:25,760
Speaker 4: but so does everything else, Like your salary also goes up.

505
00:28:25,800 --> 00:28:28,560
Speaker 4: Now you can make arguments that my wage is in

506
00:28:28,680 --> 00:28:32,640
Speaker 4: keeping up with the things I need like housing and on.

507
00:28:32,640 --> 00:28:33,639
Speaker 2: That, I would agree with you.

508
00:28:35,280 --> 00:28:38,880
Speaker 4: But everything's always going to go up in price, and

509
00:28:38,920 --> 00:28:41,400
Speaker 4: they go up at a reasonable rate, and they were

510
00:28:41,440 --> 00:28:44,520
Speaker 4: going up really high during the Biden administration and not

511
00:28:44,800 --> 00:28:48,040
Speaker 4: as fast now under the Trump administration. So that's better.

512
00:28:48,120 --> 00:28:50,680
Speaker 4: You got to give that credit. You've got to give this.

513
00:28:51,200 --> 00:28:53,600
Speaker 4: The Trump economy deserves credit. Whether you love him or

514
00:28:53,640 --> 00:28:55,920
Speaker 4: hate him, whether you have Trump arrangement syndrome or not,

515
00:28:56,240 --> 00:28:59,560
Speaker 4: you are lying to yourself and you're being intellectually dishonest

516
00:29:00,400 --> 00:29:03,640
Speaker 4: if you do not give this economy, and the president

517
00:29:03,800 --> 00:29:08,440
Speaker 4: sets the tone for economic conditions, if you're not going

518
00:29:08,480 --> 00:29:13,120
Speaker 4: to give him credit this holiday dinner, like if you're

519
00:29:13,160 --> 00:29:16,960
Speaker 4: the one at the Thanksgiving dinner bitching about the conditions

520
00:29:16,960 --> 00:29:21,160
Speaker 4: of the country, you're wrong. The country is in much

521
00:29:21,200 --> 00:29:22,640
Speaker 4: better shape than it was.

522
00:29:22,760 --> 00:29:25,400
Speaker 2: Could it be better? Sure, we're working on getting it better.

523
00:29:26,400 --> 00:29:27,000
Speaker 2: I for one.

524
00:29:28,040 --> 00:29:31,440
Speaker 4: I am thrilled that we are seeing the reasuring of

525
00:29:31,520 --> 00:29:35,760
Speaker 4: American manufacturing. Like every time Trump has a press conference,

526
00:29:35,760 --> 00:29:38,560
Speaker 4: every time Trump has a world leader in the Oval Office,

527
00:29:38,800 --> 00:29:43,920
Speaker 4: whether it's the guy from Japan talking about manufacturing toyotas

528
00:29:44,000 --> 00:29:46,600
Speaker 4: in the United States or one of the guys from

529
00:29:46,640 --> 00:29:50,800
Speaker 4: Saudi Arabia talking about bringing chip manufacturing to the United States.

530
00:29:50,920 --> 00:29:53,720
Speaker 2: Trump is constantly working with other.

531
00:29:53,600 --> 00:29:58,000
Speaker 4: Nations to reshure manufacturing here in the United States. That

532
00:29:58,040 --> 00:30:04,320
Speaker 4: provides Americans with very good jobs, very stable jobs, right.

533
00:30:04,200 --> 00:30:05,840
Speaker 2: Because they don't want to pay the tariff, and I

534
00:30:05,880 --> 00:30:06,560
Speaker 2: don't blame them.

535
00:30:06,600 --> 00:30:08,280
Speaker 4: So they have done the math and said, you know what,

536
00:30:09,320 --> 00:30:12,800
Speaker 4: if I could get Trump to reduce that tariff, you know,

537
00:30:13,120 --> 00:30:16,160
Speaker 4: take away that forty five percent tariff from imports from

538
00:30:16,160 --> 00:30:17,120
Speaker 4: Saudi Arabia, that.

539
00:30:17,040 --> 00:30:17,640
Speaker 2: Would be great.

540
00:30:18,080 --> 00:30:20,120
Speaker 4: And if I have to move the factory at least

541
00:30:20,160 --> 00:30:23,800
Speaker 4: during his administration to Cleveland, Ohio, then I will. And

542
00:30:23,800 --> 00:30:26,760
Speaker 4: Trump comes back with sure, move it to Cleveland, Ohio,

543
00:30:26,880 --> 00:30:30,560
Speaker 4: and I'll reduce it down to fifteen percent, and then

544
00:30:30,600 --> 00:30:34,480
Speaker 4: we get tariff revenue, and they reshore the part of

545
00:30:34,520 --> 00:30:38,840
Speaker 4: the industry like that's smart, That's a smart way to

546
00:30:38,880 --> 00:30:41,320
Speaker 4: run the country. And that's a smart way to give

547
00:30:41,360 --> 00:30:44,840
Speaker 4: Americans opportunities for more income. And that's what he's doing

548
00:30:45,160 --> 00:30:49,640
Speaker 4: and it's working. So I don't want to hear about

549
00:30:49,640 --> 00:30:53,520
Speaker 4: this macroeconomic theory of yours that you know your healthcare

550
00:30:53,640 --> 00:30:58,880
Speaker 4: is going up. First off, Republicans tried and Obama won

551
00:30:59,120 --> 00:30:59,760
Speaker 4: that argument.

552
00:31:00,160 --> 00:31:02,320
Speaker 2: Everybody wanted Obama he was reelected.

553
00:31:02,440 --> 00:31:05,480
Speaker 4: Romney had a much better plan in twenty twelve for

554
00:31:06,080 --> 00:31:09,200
Speaker 4: affordability of healthcare premiums.

555
00:31:09,200 --> 00:31:15,160
Speaker 2: He did it in Massachusetts. It's called Romney Care, and it.

556
00:31:17,080 --> 00:31:20,479
Speaker 4: Worked better there for people that have had little means

557
00:31:20,520 --> 00:31:23,240
Speaker 4: but didn't want to go on government wealth government healthcare.

558
00:31:23,760 --> 00:31:28,160
Speaker 4: Here in California, we insist on giving medical to illegals

559
00:31:28,200 --> 00:31:30,920
Speaker 4: to the tune of nine billion dollars. So don't come

560
00:31:30,960 --> 00:31:34,400
Speaker 4: to me and bitch about your health care costs. If

561
00:31:34,440 --> 00:31:37,959
Speaker 4: you voted for Obama or you are in favor of

562
00:31:37,960 --> 00:31:39,320
Speaker 4: giving medical.

563
00:31:38,920 --> 00:31:42,960
Speaker 2: To illegals, that's what happens. The rest of us have

564
00:31:43,000 --> 00:31:43,760
Speaker 2: to pay for it.

565
00:31:45,240 --> 00:31:49,600
Speaker 4: But there's no question that the economy is doing very well.

566
00:31:50,000 --> 00:31:52,200
Speaker 2: Have you seen the Dow Jones industrial average.

567
00:31:52,240 --> 00:31:55,920
Speaker 4: I mean, I know that not everybody has investments in

568
00:31:55,960 --> 00:31:57,840
Speaker 4: the stock market. I get it, but it is still

569
00:31:57,840 --> 00:32:01,360
Speaker 4: a barometer. It's an economic indicator. Certainly, if the stock

570
00:32:01,400 --> 00:32:05,880
Speaker 4: market were tanking, everybody would say Trump sucks, his economy

571
00:32:05,920 --> 00:32:09,280
Speaker 4: is terrible, even though the same few amount of people

572
00:32:09,440 --> 00:32:11,440
Speaker 4: have money invested in the stock market, because it's an

573
00:32:11,480 --> 00:32:16,120
Speaker 4: economic indicator, all right. It's every day setting records, like

574
00:32:16,280 --> 00:32:18,480
Speaker 4: by the hundreds. It's up seven hundred points, it's up

575
00:32:18,480 --> 00:32:22,280
Speaker 4: eight hundred points, it's up four hundred points. When was

576
00:32:22,320 --> 00:32:25,920
Speaker 4: the last time you remember the Dow Jones industrial leverage

577
00:32:26,440 --> 00:32:31,000
Speaker 4: hitting record highs and at the same time inflation staying low,

578
00:32:31,280 --> 00:32:33,800
Speaker 4: and at the same time gold is through the roof

579
00:32:35,160 --> 00:32:37,320
Speaker 4: four thousand dollars at Troy ounce.

580
00:32:37,720 --> 00:32:40,640
Speaker 2: I sold all my gold jewelry.

581
00:32:40,240 --> 00:32:43,800
Speaker 4: When it was two thousand dollars and I had there

582
00:32:43,840 --> 00:32:48,760
Speaker 4: was fourteen carrot crosses and crucifixes and Italian horns and

583
00:32:48,920 --> 00:32:51,560
Speaker 4: things I got at my baptism, right, I sold two

584
00:32:51,560 --> 00:32:52,920
Speaker 4: thousand dollars an ounce to sell it.

585
00:32:53,480 --> 00:32:54,920
Speaker 2: I walked out of that. I went down to the

586
00:32:54,920 --> 00:32:56,680
Speaker 2: Saint Vincent Jewelry Exchange.

587
00:32:56,280 --> 00:32:58,360
Speaker 4: In Los Angeles, walked out of there with a house

588
00:32:58,400 --> 00:33:03,080
Speaker 4: payment from stuff in my sock drawer. Now it's at

589
00:33:03,120 --> 00:33:05,760
Speaker 4: four thousand dollars an ounce. Precious metals repe When was

590
00:33:05,760 --> 00:33:08,840
Speaker 4: the last time you remember precious metals gold, silver being

591
00:33:08,920 --> 00:33:10,680
Speaker 4: up at the same time that the Dow Jones is

592
00:33:10,720 --> 00:33:11,920
Speaker 4: setting records.

593
00:33:13,280 --> 00:33:18,080
Speaker 2: And real estate is up. So things are hot.

594
00:33:18,200 --> 00:33:20,680
Speaker 4: There's no denying it, and there's no way around it.

595
00:33:21,360 --> 00:33:24,400
Speaker 4: The only thing that's costing your money now are your vegetables.

596
00:33:24,840 --> 00:33:25,239
Speaker 2: That's it.

597
00:33:25,400 --> 00:33:29,160
Speaker 4: So the appetizers at Thanksgiving tomorrow will be the most

598
00:33:29,200 --> 00:33:33,600
Speaker 4: expensive thing. The carbs are down, the turkey's down, but

599
00:33:33,640 --> 00:33:35,720
Speaker 4: the veggies will put you in the poorhouse.

600
00:33:35,840 --> 00:33:39,400
Speaker 10: So your carbi things like your stuffing and your roles

601
00:33:39,480 --> 00:33:43,360
Speaker 10: are down nine and fourteen percent, respectively, and then your

602
00:33:43,400 --> 00:33:48,000
Speaker 10: fresh veggies and your sweet potatoes are up significantly sixty

603
00:33:48,040 --> 00:33:50,600
Speaker 10: one percent. For the veggie tray, don't invite me over

604
00:33:50,640 --> 00:33:52,440
Speaker 10: if you're getting a vegie trays or appetizer.

605
00:33:52,680 --> 00:33:54,840
Speaker 2: Yeah, so don't go with the veggie tray. Go with

606
00:33:55,000 --> 00:33:57,960
Speaker 2: the chips and the hummus. That's the way to go.

607
00:33:58,480 --> 00:34:01,720
Speaker 4: My wife found a way to put cottage cheese in

608
00:34:01,760 --> 00:34:06,000
Speaker 4: the magic bullet and add fresh dill or mint or both,

609
00:34:06,880 --> 00:34:10,000
Speaker 4: and you got a protein rich dip that is better

610
00:34:10,040 --> 00:34:13,239
Speaker 4: than any dip I've ever tasted. Just cottage cheese in

611
00:34:13,280 --> 00:34:15,840
Speaker 4: the magic bullet. You would never have thought to do it.

612
00:34:15,840 --> 00:34:17,600
Speaker 4: It makes it into a thin dip. Then you add

613
00:34:17,600 --> 00:34:19,560
Speaker 4: the deal and there you go.

614
00:34:19,800 --> 00:34:21,880
Speaker 10: Don't invite me over if you're getting a veggie transer

615
00:34:21,920 --> 00:34:26,040
Speaker 10: appetizer and thirty seven percent for the sweet potatoes. Now,

616
00:34:26,480 --> 00:34:29,239
Speaker 10: why can it be that the cost is down for

617
00:34:29,320 --> 00:34:31,400
Speaker 10: the third year in a row. If we know that

618
00:34:31,480 --> 00:34:34,640
Speaker 10: food at home prices, according to the Bureau of Labor Statistics,

619
00:34:34,920 --> 00:34:38,120
Speaker 10: are up two point seven percent since last fall. Well,

620
00:34:38,120 --> 00:34:40,200
Speaker 10: experts think it has to do with the bird. Well,

621
00:34:40,440 --> 00:34:44,600
Speaker 10: wholesale prices for the turkey have surged seventy five percent

622
00:34:44,680 --> 00:34:48,399
Speaker 10: since last year because of the highly pathogenic avian flu.

623
00:34:48,560 --> 00:34:51,600
Speaker 2: That's right, So the wholesale bird is up, but the retail.

624
00:34:51,239 --> 00:34:54,400
Speaker 4: Is down, so they can get you getting the carrots

625
00:34:54,400 --> 00:34:57,160
Speaker 4: and the celery, which you should leave on the counter,

626
00:34:57,520 --> 00:35:00,640
Speaker 4: all right, Lou Penrose, if a John Colebelt on KFI

627
00:35:00,760 --> 00:35:03,439
Speaker 4: AM six forty live everywhere on the iHeartRadio app.

628
00:35:03,480 --> 00:35:06,320
Speaker 3: Hey, you've been listening to the John Cobalt Show podcast.

629
00:35:06,400 --> 00:35:08,880
Speaker 3: You can always hear the show live on KFI AM

630
00:35:08,920 --> 00:35:11,920
Speaker 3: six forty from one to four pm every Monday through Friday,

631
00:35:11,920 --> 00:35:15,200
Speaker 3: and of course anytime on demand on the iHeartRadio app,