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Speaker 1: And welcome to America's Voice Live.

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Speaker 2: I'm Steve gre It is Thursday, the eighth of January,

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Speaker 2: the year of Our Lord, twenty twenty six. There is

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Speaker 2: always thank you for being with us here. I know Americas,

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Speaker 2: We've had some special coverage for you. Today we're going

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Speaker 2: to join tragedy Secretary of Scot's percent speaking to students

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Speaker 2: at Providence Academy that is in Plymouth, Minnesota, talking about

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Speaker 2: financial literacy.

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Speaker 1: We're going to dip in and listen to what he

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Speaker 1: has to say here.

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Speaker 3: He is under fiftieth anniversary of our country, and I

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Speaker 3: think that I am honored and privileged to be able

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Speaker 3: to try to set the sales for the next two

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Speaker 3: hundred and fifty years to make sure that all of

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Speaker 3: you have a better life than your parents, the church children,

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Speaker 3: and keep this idea of the United States of America going.

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Speaker 4: I was just reading.

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Speaker 3: Everyone here heard of Singapore, so small island country. I

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Speaker 3: believe it was started in nineteen sixty three and the

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Speaker 3: founder of the founder of Singapore was called Lee Kwan Yu,

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Speaker 3: and his belief was we have no natural resources.

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Speaker 4: All we have are our people, and our people have

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Speaker 4: to be the best. And it's incredible that they have.

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Speaker 3: The highest per capita GDP in the world now and

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Speaker 3: it is all just from working.

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Speaker 4: Studying, education, saving, and it is just this little island fortress.

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Speaker 3: And I think about the United States of America and

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Speaker 3: we are the opposite of Singapore in terms of natural resources.

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Speaker 4: The US.

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Speaker 3: When you think about the US, like we are blessed

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Speaker 3: because we have these oceans in between US at our adversaries.

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Speaker 3: Mostly we have incredible natural resources.

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Speaker 4: And it's a challenge.

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Speaker 3: That because you like it's almost like someone who is

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Speaker 3: an athlete who could be on the first string without

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Speaker 3: working hard, but with a little more work you can

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Speaker 3: be all state, all American.

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Speaker 4: And that's the way I think about the US is

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Speaker 4: like our.

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Speaker 3: Job is to make sure that the US performs at

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Speaker 3: the highest level and keeps performing that way, because really,

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Speaker 3: when you look and I read a lot about the

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Speaker 3: ethos of the US, the ethos of the US is

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Speaker 3: we're number one, and I can't imagine what would happened

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Speaker 3: to our national psyche if we weren't number one. And

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Speaker 3: I often wonder now part of my job is going

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Speaker 3: out and meeting with government leaders. And there's some beautiful countries,

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Speaker 3: nice people, but Australia. But what would it be like

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Speaker 3: representing Australia thirty million people, beautiful country, but smalleish economy.

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Speaker 3: But we get to represent the United States of America

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Speaker 3: and the rest of the world depends on us.

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Speaker 5: I think that's worth an applause right there. So I

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Speaker 5: have one more question here and then we're so students,

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Speaker 5: whoever you are that are going to be asking questions,

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Speaker 5: get ready, get your track shoes on so you can

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Speaker 5: get up to the microphone. This is one that I

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Speaker 5: think is for the parents. How are you thinking about

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Speaker 5: the US economy and any predictions for what the year

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Speaker 5: will look like?

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Speaker 3: Go I think twenty twenty six is going to be

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Speaker 3: a great year for the economy that we spent twenty

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Speaker 3: twenty five. I always say the president's economic policies is

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Speaker 3: a three legged stool, so it's trade, taxes, and deregulation.

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Speaker 4: Trade. We have done a lot of trade deals which have.

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Speaker 3: Been very good for American companies, American workers, and our

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Speaker 3: trade had gotten out of balance that free trade did

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Speaker 3: not mean fair trade. And you have countries like China

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Speaker 3: that have very different government models, very different capital models.

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Speaker 3: They're willing to subsidize, they want to steal industry. They

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Speaker 3: want a semiconductor industry, they want all these industries, and

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Speaker 3: they're willing to subsidize unfair competition. And what we learned

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Speaker 3: during COVID was that there are a lot of industries

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Speaker 3: that we need to have in the United States. But

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Speaker 3: so trade policy is set tax policy. We have made

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Speaker 3: the twenty seventeen tax cuts permanent, and we have put

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Speaker 3: in two sets of policies, one for.

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Speaker 4: Companies and companies.

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Speaker 3: So if you buy a company, you build your factories here,

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Speaker 3: you can immediately deduct on your taxes the equipment and plants.

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Speaker 4: So we're using trade to bring the factories home.

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Speaker 3: We're using taxes to tax planning to make it economical

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Speaker 3: to do it create new jobs.

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Speaker 4: And then the third part is deregulation.

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Speaker 3: There was way too much regulation and I think that

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Speaker 3: it was constraining industry and borrowing small banks. I always

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Speaker 3: talk about Main Street and Wall Street. Wall Street always

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Speaker 3: seems to do well. Main Street is not. One of

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Speaker 3: the reasons Main Street hasn't is that from since the

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Speaker 3: Great Financial Crisis of two thousand and eight two thousand

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Speaker 3: and nine, we have lost half of our small banks.

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Speaker 3: And small banks are the engines that drive the eg economy,

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Speaker 3: small business lending, and real estate. So we are we've

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Speaker 3: brought down the regulations and we are helping small banks

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Speaker 3: to do more lending so they can lend to main street.

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Speaker 4: And I think that we are.

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Speaker 3: Going to see the economy accelerate into twenty twenty six.

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Speaker 3: And I think the important thing is going to be

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Speaker 3: because we've deregulated, we're creating more supply and it will

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Speaker 3: be non inflationary growth, so no use of making more

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Speaker 3: money if inflation eats it up.

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Speaker 4: Wonderful, mister Huster.

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Speaker 5: Do you have your first student teat up?

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Speaker 4: I do, so whoever's first on the list is going.

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Speaker 5: To come up, so just make sure you tell us

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Speaker 5: your name.

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Speaker 4: Good afternoon, mister secretary. My name is Connor Neeson. I'm

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Speaker 4: a senior here.

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Speaker 6: My question for you is what financial lesson do you

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Speaker 6: wish you would learn in high school?

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Speaker 3: Well, I think that the idea of compounding that I

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Speaker 3: wish that I had spent more time just thinking about. Okay,

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Speaker 3: so I say money and bought a car. Right, probably

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Speaker 3: would have been better to have bought a share of Microsoft,

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Speaker 3: because this to share Microsoft would now be so But

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Speaker 3: the car was useful, probably a little more fun than

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Speaker 3: to share Microsoft. But the idea, I think, the real

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Speaker 3: idea of compounding that everything.

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Speaker 4: When you consume something, it's a choice.

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Speaker 3: And you don't want to live a spartan life, but

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Speaker 3: you always but you do want to be prudent.

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Speaker 4: But everything's a choice. Do you need the third TV

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Speaker 4: for your house?

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Speaker 3: Or is it better to put the three hundred and

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Speaker 3: fifty dollars away for a college fund?

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Speaker 4: Is it better? So I think it was really that

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Speaker 4: wonderful question. Okay, next.

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Speaker 7: High Secretary Bessett. My name is Bella Parrish, and my

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Speaker 7: question is, with the rise of digital payments, fine tech

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Speaker 7: apps and online investing, what new risks and opportunities should

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Speaker 7: financial education address for teens.

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Speaker 3: That's a great question because all of you are digital natives. Here,

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Speaker 3: I'll ask a question I know the answer to anyone

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Speaker 3: not have a phone, right, So if you could imagine

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Speaker 3: people didn't used to have phones. And I was watching

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Speaker 3: over the break, I was watching a movie from the

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Speaker 3: nineteen fifties with my children, and my daughter turned to

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Speaker 3: me and said, God, everyone used to smoke, and it

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Speaker 3: just seems so foreign. And I had a feeling that

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Speaker 3: in thirty forty years, we're going to look back and

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Speaker 3: now you see everyone has a phone in the movies,

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Speaker 3: and no one will have a phone.

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Speaker 4: It'll be a chip, it'll be something.

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Speaker 3: But that in terms of financial literacy, fintech is very

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Speaker 3: important because this is moving so fast. Well, like I

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Speaker 3: said that, you used to have this idea of paper checks.

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Speaker 3: Paper checks are all the way out. We're trying to

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Speaker 3: get rid of them at the federal government. And on

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Speaker 3: one side, it's much more efficient.

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Speaker 4: On the other side being.

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Speaker 3: Smart on cyber that if you were to ask, maybe

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Speaker 3: somebody's going to ask a question, what do you think

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Speaker 3: one of the biggest risks or the cyber that a

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Speaker 3: bad actor could come in and shut down the financial system,

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Speaker 3: that you could be scammed online in terms of And

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Speaker 3: the more AI there is, the more of that, the

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Speaker 3: more you've just got to be ready for it. So

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Speaker 3: but it's also a lot of opportunity that payments are

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Speaker 3: going to move faster. Used to be I got my

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Speaker 3: paycheck and it took five days before it got credited

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Speaker 3: to my account. Now direct deposit your money is working

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Speaker 3: for you right away.

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Speaker 4: There's a company now that.

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Speaker 3: Is doing a program for workers who get paid every

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Speaker 3: two weeks. They will actually put the money in your

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Speaker 3: account every day. So there's a lot of innovation. And

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Speaker 3: I can tell you and this is not because we're American.

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Speaker 3: No one innovates like Americans that I travel the world,

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Speaker 3: and in Europe they're stuck in the past. China they innovate,

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Speaker 3: but they have the binding constraint of the Chinese Communist Party.

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Speaker 3: They will only let them innovate in certain directions. And

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Speaker 3: in the US it's if you have a good idea,

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Speaker 3: then there is no place to be able to monetize

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Speaker 3: or make that work like the US. But these FinTechs

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Speaker 3: are exciting and at Treasury we are trying to incorporate

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Speaker 3: them into the into the regulatory regime to make sure

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Speaker 3: that it is safe and sound for everyone.

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Speaker 6: Good afternoon, mister Secretary. My name is Alexis Sower. I'm

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Speaker 6: a senior here at Providence Academy, and one of my

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Speaker 6: questions for you is how can schools better prepare students

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Speaker 6: to manage their finances, including investing, taxes, budgeting.

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Speaker 4: And saving. Well.

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Speaker 3: I think a lot of it simulation at SO when

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Speaker 3: I told her Yale, the first couple of years, everyone

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Speaker 3: wanted to get in my class because I used to

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Speaker 3: hire my one, two three best students. Oh well, I'll

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Speaker 3: do that. But I was teaching economic history. But one

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Speaker 3: of the things that we did on the side was

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Speaker 3: we kept a model of portfolio. So I actually think

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Speaker 3: maybe some of you own stocks, maybe some don't, but

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Speaker 3: this idea like start keeping a model portfolio.

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Speaker 4: How does it move? Why does it move?

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Speaker 3: I think pick one one or two financial things that

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Speaker 3: you like reading and just read those on the weekend.

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Speaker 3: Become engaged, and also game it out that Okay, the

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Speaker 3: US invaded the.

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Speaker 4: Or remove Maduro and does the uh does the yeah?

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Speaker 4: Does that make oil go up or down?

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Speaker 1: Right?

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Speaker 3: Venezuelan and bonds went up? Did US government bonds go

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Speaker 3: up or down?

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Speaker 4: So? After that? Or we have we've got this AI boom?

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Speaker 4: Who's that good for? Who's that bad for.

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Speaker 3: A couple of couple of years ago, it looked like

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Speaker 3: Google's way behind. Now looks like Google's caught up. So

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Speaker 3: how did that happen? What just like to think about

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Speaker 3: to have an interest in what makes stocks go up

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Speaker 3: and down?

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Speaker 4: Think about financial planning.

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Speaker 3: Maybe even in terms of the question, I think schools

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Speaker 3: could have certified financial planners come in and just tell

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Speaker 3: students this is what you should do, this is what

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Speaker 3: you shouldn't do, because it sounds like there's a big

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Speaker 3: group of seniors in here. So at College of Charleston,

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Speaker 3: we support a program for college students and a lot

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Speaker 3: from students who are on financial aid, students from underserved communities.

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Speaker 3: And I tell you it is poison that you show

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Speaker 3: up on the college campus and there's American Express or

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Speaker 3: there's a visa and they're going to give you a

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Speaker 3: credit card and you've never had a credit card before,

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Speaker 3: you've never been away from home before, and all of

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Speaker 3: a sudden you're max down in the credit card and

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Speaker 3: you're going to have to drop out of college or

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Speaker 3: your folks aren't able to you don't have folks with

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Speaker 3: the resources to help you. So a lot of that,

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Speaker 3: a huge amount of financial literacy is what not to do,

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Speaker 3: what not to do, And I can tell you, like

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Speaker 3: running up a lot of debt is the thing you

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Speaker 3: can't do.

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Speaker 4: Yeah, excellent.

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Speaker 8: Hi, mister secretary. My name is Cecilia Karen and I'm

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Speaker 8: a senior here at Providence and my question for you

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Speaker 8: is what advice would you give high school students and

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Speaker 8: their families on evaluating the true cost of college and

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Speaker 8: alternative crew paths.

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Speaker 4: Months.

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Speaker 3: Well, I think one of the things we did in

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Speaker 3: the US was for a long period we just made

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Speaker 3: it was college or bust. And I think that's wrong.

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Speaker 4: That I have.

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Speaker 3: Cape Metting, my college roommate at Yale, his son doesn't

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Speaker 3: want to go to college.

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Speaker 4: He's going to become an airline pilot.

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Speaker 3: He'll be making three hundred thousand dollars in ten years.

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Speaker 3: And that we had the CEO of United Airlines in

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Speaker 3: treasury a couple of months ago. They have over one

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Speaker 3: hundred pilots who make more than a million dollars a year.

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Speaker 3: So why are you going to college? What do you

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Speaker 3: want to accomplish? Is it that you want to be

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Speaker 3: a more rounded learner that you want to study liberal arts?

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Speaker 4: Are you going for a trade? Is the trade the

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Speaker 4: right thing?

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Speaker 3: Because I take you South Carolina that always near the

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Speaker 3: bottom of rankings.

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Speaker 4: In education levels.

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Speaker 3: But one thing, South Carolina is great at this technical schools.

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Speaker 3: And so Boeing when they were considering nationally where to

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Speaker 3: move their second assembly line, they have a giant assembly

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Speaker 3: line up in Washington State, and they came to South

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Speaker 3: Carolina because South Carolina had trade schools and every employee

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Speaker 3: who showed up at Boeing on day one already knew.

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Speaker 4: How to do their job because of the trade school.

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Speaker 3: So look, I think you should be smart about what

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Speaker 3: you want to do. You should also think when you're

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Speaker 3: choosing schools, state school versus private school. Is it worth

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Speaker 3: it in terms of student loans? Is it better to

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Speaker 3: come out without student loans?

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Speaker 4: Is it better to push because you want to go

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Speaker 4: to a private school. Is it better to live at

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Speaker 4: home first? Is it better?

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Speaker 3: It's a complex calculus, but I do think that you

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Speaker 3: do have to have this economic model in the back

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Speaker 3: of your head about what are you doing, why are

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Speaker 3: you doing it?

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Speaker 5: Excellent, we have time for one more question.

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Speaker 4: Good afternoon.

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Speaker 1: My name is Claire Peters and I'm a senior year

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Speaker 1: at Providence Academy.

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Speaker 7: My question for you is, if you had to choose

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Speaker 7: three financial skills every high school graduate should have, what

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Speaker 7: would they.

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Speaker 1: Be and why?

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Speaker 3: So the understanding debt and when to use it? So

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Speaker 3: understanding financial products. Anybody here know what buy now pay

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Speaker 3: later is?

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Speaker 4: Oh yeah, okay, yeah, Well no.

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Speaker 3: There's credit card, but then there's buy now pay later,

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Speaker 3: which is different than a credit card and you've got

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Speaker 3: to pay the whole thing off in four payments. So

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Speaker 3: the main thing would be like evaluating sources of debt

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Speaker 3: that you can if you buy a home, if it's

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Speaker 3: your primary residence, you can deduct the interest. So not

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Speaker 3: only when you're thinking about, okay, how much house can

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Speaker 3: I afford?

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Speaker 4: Then there's a tax aspect.

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Speaker 3: To that too, So it would be being smart on debt,

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Speaker 3: it would be being smart on taxes. And then the

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Speaker 3: third part would be to think about your personal asset allocation.

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Speaker 3: So every young person in this room should be one

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Speaker 3: hundred percent invested in equities that if you have time,

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Speaker 3: if sixteen, seventeen, eighteen, that over the course of your life,

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Speaker 3: if you were not going to need the money until

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Speaker 3: you are sixty five, you should be in the stock market.

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Speaker 3: It is the single greatest wealth creator. Now, if you're

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Speaker 3: sixty three and hopefully I won't get retired unintentionally sooner,

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Speaker 3: but in twenty twenty nine I will be out of

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Speaker 3: a job. Then I have a different risk calculus. I'm

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Speaker 3: going to need my money, but it's really to be

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Speaker 3: smart about it. Friend of mine was a trustee University

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Speaker 3: of Pennsylvania Wardens School of Finance, most famous school of

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Speaker 3: finance in America, and he was very interested in behavioral economics,

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Speaker 3: and so he went to the head of the personnel department.

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Speaker 3: The average professor who gets tenure at University of Pennsylvania

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Speaker 3: gets it when.

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Speaker 4: He or she is thirty eight to forty years old.

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Speaker 3: Do you know how they decide? So they sign up

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Speaker 3: for their four oh one K program? Do you know

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Speaker 3: how they decide with like.

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Speaker 4: How much to put in stocks? How much to put

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Speaker 4: in bonds?

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Speaker 3: They asked the administrative person behind the counter, what does

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Speaker 3: everybody else do?

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Speaker 4: These are the most.

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Speaker 3: Sophistic quad finance people in the world. So you know

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Speaker 3: they're busy making money, but they're not thinking about how

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Speaker 3: can they make money for them? So anyway, it would

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Speaker 3: be the managing debt, taxes and then thinking about what's

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Speaker 3: the best risk adjusted return for you. I used to

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Speaker 3: tell people that you could have three percent like a family.

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Speaker 4: You could put of your savings. You put two or

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Speaker 4: three percent in crypto, but could go to zero. But

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Speaker 4: you should have.

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Speaker 3: Something because it's very interested, it's innovative, and you can

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Speaker 3: take risk like that. But I think it's very important

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Speaker 3: to risk adjust your life.

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Speaker 4: Wonderful dude.

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Speaker 5: What are your closing comments for the students and their parents?

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Speaker 3: Well, thank you for all being engaged. That everyone is

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Speaker 3: welcome to come visit a Treasury if you want to

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Speaker 3: do a school trip, we'd love to have you.

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Speaker 4: I am on the.

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Speaker 3: Keep dcs or make DC Safe and Beautiful committee, and

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Speaker 3: DC is safer than it's been, it's becoming more beautiful.

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Speaker 3: And to be able to engage with the government and

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Speaker 3: it's just not something.

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Speaker 4: You see on the news that is the fantastic.

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Speaker 3: And to be able to go behind the scenes to

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Speaker 3: have a center.

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Speaker 4: Kochar and I have an robust back and forth.

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Speaker 7: But I.

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Speaker 3: But she is a dedicated We don't always agree, we

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Speaker 3: don't agree that much, but she is a dedicated public

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Speaker 3: service who wants to do the best for the people

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Speaker 3: in Minnesota servant and she wants to do the best

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Speaker 3: for the people of Minnesota. And I know she would

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Speaker 3: love to see all of you. And I was reading

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Speaker 3: her book Igraphig. I think she went to wives out

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Speaker 3: of high school and.

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Speaker 4: So, but come see your government and be part of

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Speaker 4: your government.

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Speaker 3: And internships you mentioned and at Treasury we have internships

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Speaker 3: in any of you who are interested, we'd.

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Speaker 4: Love to have you apply during college. We have summer internships.

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Speaker 3: We have you can take a semester off and work

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Speaker 3: at Treasury in spring or fall. And again, this is

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Speaker 3: a lot of that is just knowledge. Like people, Washington

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Speaker 3: can be an insider's game. So I think the great

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Speaker 3: thing about seeing all of you here today, you all

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Speaker 3: know there's an internship. I didn't know there was an internship.

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Speaker 3: A lot of people don't, so but come out participate.

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Speaker 3: It's fascinating. I'm sixty three. I went to see the

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Speaker 3: I mentioned at lunch today. I went to see the

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Speaker 3: Supreme Court in so They had a hearing and it

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Speaker 3: was unbelievable. First time I'd ever been in to watch

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Speaker 3: a case being heard by the Supreme Court. And it

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Speaker 3: is the closest thing from seventeen eighty nine when our

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Speaker 3: government started. I don't think the White House certainly doesn't

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Speaker 3: resemble the White House. The House and the Senate the

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Speaker 3: way they debate doesn't look like itself anymore. But the

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Speaker 3: Supreme Court still does and it's just amazing to see

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Speaker 3: the way. And they have very different political vi use

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Speaker 3: very different backgrounds, but they kind of make fun of

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Speaker 3: each other. It's very old fashioned and it's fun to see.

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Speaker 3: So anyway, participate, come to DC and that's really it.

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Speaker 5: Mister Secretary, thank you so much.

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Speaker 1: All Right, there you have it, the Treasury Secretary of

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Speaker 1: Scott Bessett.

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Speaker 2: He's giving financial advice and literacy high school kids in Plymouth, Minnesota,

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Speaker 2: the Providence Academy.

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Speaker 1: There a lot of good advice there.

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Speaker 2: If you're listening now, we're gonna jump back into the

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Speaker 2: news here in America's Voice. Live protests continue to rage

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Speaker 2: in Minneapolis. This comes after you I stay shooting involving an

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Speaker 2: ice agent and a woman who weaponized her car against

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Speaker 2: law enforcement. That according to everyone in the administration, and

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Speaker 2: when I watched the video, I felt the same way I.

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Speaker 1: Said to me before, and I'll say it again.

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Speaker 2: If an officer tells you to get out of your

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Speaker 2: car and you decide, well, I'm not going to do that,

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Speaker 2: I roll up the window, I protes or worse, punched

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Speaker 2: the gas.

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Speaker 1: With another officer in front of the vehicle. What exactly

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Speaker 1: do you think is going to happen?

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Speaker 2: These agents have been trained to protect themselves and their

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Speaker 2: fell law enforcement officers and civilians in the field, especially

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Speaker 2: with violent protesters surrounding that much of this could be contributed. Attributed,

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Speaker 2: that is, to the Democrats and the mainstream media is

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Speaker 2: continuous rhetoric toward Ice. Vice President Vance called out to

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Speaker 2: mainstream media for the way they have been reporting the story.

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Speaker 1: Listen, this was.

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Speaker 9: An attack on federal law enforcement. This was an attack

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Speaker 9: on law and order, This was an attack on the

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Speaker 9: American people. The way that the media by and large

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Speaker 9: has reported this story has been an absolute disgrace and

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Speaker 9: it puts our law enforcement officers at risk every single day.

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Speaker 9: What that headline leaves out is the fact that that

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Speaker 9: very off ice officer nearly had his life ended dragged

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Speaker 9: by a car six months ago, thirty three stitches in

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Speaker 9: his legs, So you think maybe he's a little bit

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Speaker 9: sensitive about some ramming him with an automobile. What that

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Speaker 9: headline leaves out is that that woman was there to

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Speaker 9: interfere with a legitimate law enforcement operation in the United

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Speaker 9: States of America. What that headline leaves out is that

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Speaker 9: that woman has is part of a broader left wing

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Speaker 9: network to attack, to docks, to assault, and to make

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Speaker 9: it impossible for our ice officers.

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Speaker 1: To do their job. So spot on join me to

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Speaker 1: discuss this further.

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Speaker 2: A retired police detendant, founder of Wounded Blue, Randy Sutton.

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Speaker 1: Randy, thank you for being here today.

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Speaker 4: I appreciate you having me. Thank you.

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Speaker 2: You know, it's remarkable to me for people to watch

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Speaker 2: one angle of the video. There's several different angles. Now

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Speaker 2: it's clear from at least one of those videos. And

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Speaker 2: when you slow it down here you can see the

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Speaker 2: officer in front of the car. And when you see

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Speaker 2: the car after the woman is killed and she runs

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Speaker 2: into the telephone pole, there's a bullet hole cleanly through

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Speaker 2: the windshield, meaning the officer was in harm's way. The

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Speaker 2: car hit the officer as she was going by, and look,

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Speaker 2: she was trying to flee the scene. You see her

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Speaker 2: tires squeal, she spins her wheels as she tries to

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Speaker 2: get out of there.

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Speaker 1: Simple advice.

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Speaker 2: If a police officer in a tough situation gives you

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Speaker 2: a direct order says this is what you need to do.

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Speaker 2: You need to comply. Randy, if she had complied with

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Speaker 2: those orders, she would be alive today. Right or wrong, Well.

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Speaker 10: Isn't that the common denominator of every single one of

449
00:28:28,160 --> 00:28:32,560
Speaker 10: these situations that we've seen. It is always non compliance

450
00:28:32,720 --> 00:28:36,160
Speaker 10: that is at the root of these issues. Let's look

451
00:28:37,080 --> 00:28:41,240
Speaker 10: at the actions of this suspect, and she is a suspect.

452
00:28:41,240 --> 00:28:44,280
Speaker 10: She's a suspect in an attempted murder of a police officer.

453
00:28:44,640 --> 00:28:49,120
Speaker 10: Let's call it what it is. This individual created that environment,

454
00:28:49,360 --> 00:28:54,880
Speaker 10: that created her own demise. When you try and end

455
00:28:54,880 --> 00:28:58,440
Speaker 10: the life of a law enforcement officer, this is going

456
00:28:58,520 --> 00:29:01,560
Speaker 10: to take place. You know, every police officer, every law

457
00:29:01,600 --> 00:29:04,640
Speaker 10: enforcement officer, has a duty and a right to protect

458
00:29:04,680 --> 00:29:08,000
Speaker 10: themselves from death or serious bodily injury. And it's that

459
00:29:08,200 --> 00:29:13,080
Speaker 10: officer's perspective that that holds the the key here to

460
00:29:13,280 --> 00:29:17,280
Speaker 10: a legitimate shooting. Now, I have watched as as the

461
00:29:17,320 --> 00:29:20,120
Speaker 10: mayor of that of that dismal city, a mayor of

462
00:29:20,120 --> 00:29:24,920
Speaker 10: Fry and Governor Walls have have have called this officer

463
00:29:25,320 --> 00:29:29,200
Speaker 10: a murderer. It is absolutely reckless, it is disgusting, It

464
00:29:29,320 --> 00:29:33,200
Speaker 10: is wrong. And they are either woefully ignorant of the

465
00:29:33,520 --> 00:29:37,320
Speaker 10: of the law or they are purposefully lying to the

466
00:29:37,360 --> 00:29:42,200
Speaker 10: publisher and using this as a political pudgel.

467
00:29:42,280 --> 00:29:44,000
Speaker 4: If you will to one.

468
00:29:44,000 --> 00:29:47,640
Speaker 1: Side, it's not going to work. That's not going to

469
00:29:47,720 --> 00:29:48,240
Speaker 1: work for them.

470
00:29:48,280 --> 00:29:52,240
Speaker 2: Look the Supreme Court, as you know, Randy has weighed

471
00:29:52,240 --> 00:29:55,040
Speaker 2: in on this if a police officer is threatened with

472
00:29:55,080 --> 00:29:58,600
Speaker 2: a motor vehicle, because there's people on social media and

473
00:29:58,600 --> 00:30:00,800
Speaker 2: outsport saying, well, the police are steps in front of

474
00:30:00,800 --> 00:30:04,479
Speaker 2: the car. It was his fault. It was not his fault.

475
00:30:04,960 --> 00:30:07,120
Speaker 2: You see the woman, First she throws it in reverse,

476
00:30:07,400 --> 00:30:09,680
Speaker 2: then she throws it in drive. She had no intention

477
00:30:09,760 --> 00:30:12,080
Speaker 2: of complying with any of those lawful orders. Her intent

478
00:30:12,160 --> 00:30:15,440
Speaker 2: was to at least flee the scene, and in so doing,

479
00:30:16,560 --> 00:30:18,880
Speaker 2: she runs into the officer. It's clear he gets hit

480
00:30:18,960 --> 00:30:22,240
Speaker 2: by the car in a glancing blow, and the Supreme

481
00:30:22,280 --> 00:30:24,720
Speaker 2: Court has already weighed on us, as have a number

482
00:30:24,760 --> 00:30:27,760
Speaker 2: of state and other federal courts. He was well within

483
00:30:27,960 --> 00:30:31,959
Speaker 2: his legal bounds to use lethal force, period and for

484
00:30:31,960 --> 00:30:35,040
Speaker 2: those to suggest otherwise is reckless and dangerous.

485
00:30:35,080 --> 00:30:38,240
Speaker 1: As you pointed out, well.

486
00:30:38,040 --> 00:30:40,960
Speaker 10: Not only that, but what we're seeing here is we're

487
00:30:40,960 --> 00:30:45,360
Speaker 10: seeing a media that has been trying to create, once

488
00:30:45,400 --> 00:30:49,680
Speaker 10: again more division between the people and their law enforcement.

489
00:30:50,080 --> 00:30:57,400
Speaker 10: These officers who are in effect doing exactly what the

490
00:30:57,480 --> 00:31:00,800
Speaker 10: law is telling them to do. They are functionaries of

491
00:31:00,840 --> 00:31:04,320
Speaker 10: the United States government. They are enforcing the laws that

492
00:31:04,360 --> 00:31:07,920
Speaker 10: have been given to them. They are not doing this

493
00:31:08,560 --> 00:31:12,000
Speaker 10: out of some type of maliciousness or malignancy. They are

494
00:31:12,080 --> 00:31:15,680
Speaker 10: enforcing the laws that they have been that they have

495
00:31:15,800 --> 00:31:19,120
Speaker 10: sworn to a pole. And let's look at what the

496
00:31:19,240 --> 00:31:22,800
Speaker 10: reality is. There has been there was no presence by

497
00:31:22,800 --> 00:31:27,160
Speaker 10: the Minneapolis Police Department. And because of that, because the

498
00:31:27,240 --> 00:31:32,600
Speaker 10: Minneapolis Police chief has abdicated his responsibility to get involved

499
00:31:32,600 --> 00:31:37,680
Speaker 10: in these in these affairs and have Minneapolis police on

500
00:31:38,480 --> 00:31:41,880
Speaker 10: the scene in order to protect these ice officers and

501
00:31:42,720 --> 00:31:46,040
Speaker 10: coordinate with them, we are seeing more and more danger

502
00:31:46,200 --> 00:31:50,000
Speaker 10: to the law enforcement officers who are in fact putting

503
00:31:50,000 --> 00:31:51,320
Speaker 10: themselves in harm's way.

504
00:31:52,520 --> 00:31:52,680
Speaker 4: Yeah.

505
00:31:52,720 --> 00:31:55,440
Speaker 2: And what's worse, in my estimation, Randy, is at these

506
00:31:55,960 --> 00:31:58,680
Speaker 2: comments from the governor and the mayor and put a

507
00:31:58,720 --> 00:32:00,720
Speaker 2: target on the backs of these people, not just in

508
00:32:00,760 --> 00:32:04,800
Speaker 2: Minnesota and Minneapolis, but across the country. It's open season

509
00:32:04,800 --> 00:32:06,880
Speaker 2: as far as they're concerned on these law enforcement offsters.

510
00:32:06,880 --> 00:32:08,920
Speaker 1: And that is a sad day, sir. Thank you for

511
00:32:08,960 --> 00:32:09,480
Speaker 1: being here.

512
00:32:10,400 --> 00:32:11,600
Speaker 4: I appreciate it. Thank you.

513
00:32:13,640 --> 00:32:15,640
Speaker 1: A new year means a new year's resolution.

514
00:32:15,800 --> 00:32:18,360
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515
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526
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531
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536
00:33:18,240 --> 00:33:20,600
Speaker 1: Coming up after the break, I'm gonna bring on David Zr.

537
00:33:20,680 --> 00:33:24,480
Speaker 2: From Minneapolis discuss what we just saw with the Treasury Secretary.

538
00:33:24,960 --> 00:33:26,320
Speaker 1: Stay tuned, we'll be right back.

539
00:33:32,040 --> 00:33:32,520
Speaker 4: We don't know.

540
00:33:34,080 --> 00:33:37,440
Speaker 1: And welcome back to America's Voice Live. As you saw.

541
00:33:37,520 --> 00:33:40,760
Speaker 2: Judgury Secretary Scott Bessant just wrapped up speaking to kids,

542
00:33:41,200 --> 00:33:43,720
Speaker 2: high school kids at Providence Academy, where he discussed the

543
00:33:43,760 --> 00:33:48,800
Speaker 2: importance of financial responsibility. Really, it's financial literacy, something that

544
00:33:48,840 --> 00:33:51,760
Speaker 2: we're woefully inadequated providing in this country. Kids don't know

545
00:33:51,800 --> 00:33:54,240
Speaker 2: anything about money. Heck, a lot of people don't know

546
00:33:54,280 --> 00:33:56,560
Speaker 2: anything about money. They don't even understand it. They just

547
00:33:56,600 --> 00:33:58,400
Speaker 2: run up their credit cards and end up in trouble

548
00:33:58,400 --> 00:33:59,840
Speaker 2: and they're like, how did that happen?

549
00:34:00,040 --> 00:34:01,680
Speaker 1: Well, it happened.

550
00:34:01,800 --> 00:34:05,200
Speaker 2: Joining me from Plymouth, Minnesota is Real America's voice correspondent

551
00:34:05,200 --> 00:34:09,200
Speaker 2: in the host of Breaking Point. Well, hold on one second.

552
00:34:09,200 --> 00:34:10,880
Speaker 2: We're working out with David right now.

553
00:34:11,520 --> 00:34:12,440
Speaker 1: But what I like from.

554
00:34:12,360 --> 00:34:17,560
Speaker 2: Bessant was that they were able to focus on something

555
00:34:17,560 --> 00:34:21,160
Speaker 2: in Minnesota besides everything else is going on there. I'll

556
00:34:21,160 --> 00:34:22,960
Speaker 2: tell you new who does know about money. Those are

557
00:34:22,960 --> 00:34:25,800
Speaker 2: the fraudsters. They know a lot about them. They've frauded

558
00:34:25,840 --> 00:34:29,279
Speaker 2: it out of eight billion dollars or more, fake daycares,

559
00:34:30,000 --> 00:34:36,719
Speaker 2: freak places, dealing in child meals and so forth, defrauding

560
00:34:36,760 --> 00:34:39,400
Speaker 2: the American taxpayer time and time again. In fact, did

561
00:34:39,440 --> 00:34:41,759
Speaker 2: you see the one building they were claiming to put

562
00:34:41,760 --> 00:34:44,640
Speaker 2: out four to six thousand meals a day, but in fact,

563
00:34:45,320 --> 00:34:47,279
Speaker 2: no more than forty people ever visited the building. They

564
00:34:47,280 --> 00:34:49,399
Speaker 2: know because the FED set up cameras all the way

565
00:34:49,400 --> 00:34:52,480
Speaker 2: around that building, and that means they're being defrauded of

566
00:34:52,640 --> 00:34:56,200
Speaker 2: every single meal. Twelve and a half million dollars the

567
00:34:56,280 --> 00:34:58,560
Speaker 2: bill on that one, and it goes on and on,

568
00:34:58,600 --> 00:35:01,640
Speaker 2: and then of course we've got tests going on in

569
00:35:01,680 --> 00:35:04,200
Speaker 2: Minneapolis now following the death of that thirty seven year

570
00:35:04,239 --> 00:35:09,680
Speaker 2: old as we were told earlier, suspect suspect in an

571
00:35:09,680 --> 00:35:13,480
Speaker 2: attempted murder of a federal police officer. Look, here's the thing.

572
00:35:15,040 --> 00:35:17,160
Speaker 2: You can look at the tape however you want. You

573
00:35:17,200 --> 00:35:19,759
Speaker 2: can say the car hit her. You can deny your

574
00:35:19,760 --> 00:35:22,000
Speaker 2: eyes and say it didn't hit her. The fact of

575
00:35:22,000 --> 00:35:24,319
Speaker 2: the matter is she hit the police officer. Because you

576
00:35:24,400 --> 00:35:26,800
Speaker 2: watch the car. First, she defies the legal order of

577
00:35:26,840 --> 00:35:29,399
Speaker 2: the gentleman getting out of the truck. Here he comes up,

578
00:35:29,600 --> 00:35:31,680
Speaker 2: two of them, get out of the vehicle, grabs the

579
00:35:31,719 --> 00:35:34,360
Speaker 2: door knob, she puts it in reverse. First, Oh, she

580
00:35:34,440 --> 00:35:37,320
Speaker 2: has no intention of stopping. And then she rams forward,

581
00:35:37,640 --> 00:35:40,360
Speaker 2: hitting a police officer. She had no intention of complying.

582
00:35:40,880 --> 00:35:43,840
Speaker 2: Very simple outcome here would have been stop your vehicle,

583
00:35:44,440 --> 00:35:49,120
Speaker 2: put it in park, and wait for further instructions. If

584
00:35:49,160 --> 00:35:53,320
Speaker 2: that had happened, that victim or suspect, whichever you prefer,

585
00:35:53,920 --> 00:35:54,920
Speaker 2: would be alive today.

586
00:35:55,560 --> 00:35:57,319
Speaker 1: Her three children will still have their mother.

587
00:35:57,400 --> 00:36:00,480
Speaker 2: But instead the rhetoric has been ratchet up to such

588
00:36:00,480 --> 00:36:03,680
Speaker 2: a point that there's just anger, seething anger.

589
00:36:03,760 --> 00:36:04,280
Speaker 1: You see.

590
00:36:04,880 --> 00:36:07,759
Speaker 2: Christy Enoms said during a presser earlier today that this

591
00:36:07,800 --> 00:36:11,040
Speaker 2: woman had had contact with law enforcement several times earlier

592
00:36:11,120 --> 00:36:12,640
Speaker 2: in the day. This was not the first time they

593
00:36:12,640 --> 00:36:15,360
Speaker 2: had run into her. They had seen her several times.

594
00:36:15,360 --> 00:36:18,680
Speaker 2: She was leading this caravan or protesters that were swarming

595
00:36:19,640 --> 00:36:21,399
Speaker 2: law enforcement there trying to do their job.

596
00:36:21,760 --> 00:36:22,600
Speaker 1: And as you see when the.

597
00:36:22,640 --> 00:36:26,000
Speaker 2: Video starts her car's crossways in the road, she was

598
00:36:26,000 --> 00:36:28,400
Speaker 2: not there to help them. She was not there to

599
00:36:28,400 --> 00:36:31,080
Speaker 2: do anything but interfere with them, and wasn't given a

600
00:36:31,120 --> 00:36:34,160
Speaker 2: lawful order to step out of her vehicle to stop

601
00:36:34,200 --> 00:36:37,200
Speaker 2: the car. Instead, she backed up, dropped it in drive,

602
00:36:37,320 --> 00:36:39,320
Speaker 2: and raced forward, her wheels spinning.

603
00:36:41,040 --> 00:36:43,960
Speaker 1: What do you think is going to happen exactly.

604
00:36:45,760 --> 00:36:48,880
Speaker 2: If you don't follow the orders of a police officer

605
00:36:49,480 --> 00:36:53,359
Speaker 2: in a tense situation bad things happen. Bad things happen,

606
00:36:53,400 --> 00:36:55,600
Speaker 2: And as we discussed earlier, the Supreme Court is already

607
00:36:55,640 --> 00:36:59,400
Speaker 2: ruling this numerous times, as have other courts. A police

608
00:36:59,440 --> 00:37:01,920
Speaker 2: officer has every right to defend themselves in that moment,

609
00:37:02,000 --> 00:37:05,360
Speaker 2: not Monday morning quarterbacking. In that moment, they have the

610
00:37:05,400 --> 00:37:10,160
Speaker 2: right to defend themselves, which they did. Of course, those

611
00:37:10,200 --> 00:37:11,600
Speaker 2: on the left are going to call it murder and

612
00:37:11,640 --> 00:37:16,080
Speaker 2: everything else. And apparently Governor Wallas thinks it's April eighteen

613
00:37:16,200 --> 00:37:18,000
Speaker 2: sixty one. He's going to threaten to bring up the

614
00:37:18,080 --> 00:37:20,719
Speaker 2: Minnesota National Guard to what to go toe to toe

615
00:37:20,719 --> 00:37:24,800
Speaker 2: with the federal government. Yeah, good luck with that. All right,

616
00:37:24,960 --> 00:37:27,000
Speaker 2: We're gonna take a break here in America's Voice Live.

617
00:37:27,040 --> 00:37:29,400
Speaker 2: See if we get David's err dialed in, we'll take

618
00:37:29,440 --> 00:37:30,800
Speaker 2: a real quick break and be back.

619
00:37:31,680 --> 00:37:39,600
Speaker 1: Happened well.

620
00:37:39,719 --> 00:37:42,880
Speaker 2: Financial security is on a lot of people's minds. It's

621
00:37:42,960 --> 00:37:46,319
Speaker 2: terms like inflation and GDP crowd the headlines, and while

622
00:37:46,320 --> 00:37:49,520
Speaker 2: it's easy to get wound up in the narratives, it's

623
00:37:49,560 --> 00:37:52,480
Speaker 2: important to keep a clear head. Doing me to discuss

624
00:37:52,520 --> 00:37:55,040
Speaker 2: as precious metal of specialists for the Birch Gold Group,

625
00:37:55,239 --> 00:37:56,239
Speaker 2: Philip Patrick.

626
00:37:56,000 --> 00:38:00,520
Speaker 1: And he told you a year ago by gold h silver.

627
00:38:00,640 --> 00:38:03,160
Speaker 2: If you would listen to Philip Patrick, you'd be a well,

628
00:38:03,160 --> 00:38:05,240
Speaker 2: you'd have a lot bigger smile on your face today, Philip,

629
00:38:05,239 --> 00:38:07,880
Speaker 2: we're just talking about it in the break. Silver is

630
00:38:08,120 --> 00:38:13,160
Speaker 2: just breaking all records, Gold setting all time records. It

631
00:38:13,239 --> 00:38:16,040
Speaker 2: is remarkable, isn't it all?

632
00:38:16,880 --> 00:38:20,440
Speaker 11: It's remarkable. You know, I've been I've been shouting from

633
00:38:20,480 --> 00:38:23,120
Speaker 11: the rooftops to get in. If you'd asked me at

634
00:38:23,120 --> 00:38:25,600
Speaker 11: the beginning of last year, would silver do one hundred

635
00:38:25,640 --> 00:38:28,960
Speaker 11: and fifty percent? I probably would have said no, not

636
00:38:29,080 --> 00:38:32,200
Speaker 11: quite that much. So it was an incredible year last year,

637
00:38:32,239 --> 00:38:35,480
Speaker 11: Gold up sixty five percent, Silver up as I said,

638
00:38:35,520 --> 00:38:37,839
Speaker 11: one hundred and fifty. But I think we have a

639
00:38:37,840 --> 00:38:40,880
Speaker 11: lot of scope for movement. I think broadly both of

640
00:38:40,920 --> 00:38:43,719
Speaker 11: them have been undervalued for a long time, so I

641
00:38:43,760 --> 00:38:47,239
Speaker 11: think largely this is a repricing to reality.

642
00:38:47,719 --> 00:38:48,920
Speaker 1: Look at what's happening.

643
00:38:49,040 --> 00:38:54,399
Speaker 11: Silver's use exploding right, It's critical for defense, solar technology,

644
00:38:54,520 --> 00:38:58,880
Speaker 11: electric cars, AI chips. All this investment in data centers

645
00:38:59,080 --> 00:39:03,440
Speaker 11: obviously support longer term price increases for silver. Gold being

646
00:39:03,520 --> 00:39:07,440
Speaker 11: driven by all time high demand, a sovereign debt crisis,

647
00:39:07,520 --> 00:39:11,560
Speaker 11: and I think a global realization that government debt in

648
00:39:11,719 --> 00:39:15,160
Speaker 11: general is not as secure as we perhaps thought it was.

649
00:39:15,239 --> 00:39:19,239
Speaker 11: So we're expecting another big year for precious metals as

650
00:39:19,239 --> 00:39:21,480
Speaker 11: the fundamental strength and not weaken.

651
00:39:23,239 --> 00:39:25,520
Speaker 2: Yeah, I'm looking right now in real time gold is

652
00:39:25,560 --> 00:39:28,400
Speaker 2: at forty four to seventy two, silver at seventy six

653
00:39:28,520 --> 00:39:30,600
Speaker 2: seventy what it was as high as eighty four.

654
00:39:30,640 --> 00:39:32,840
Speaker 1: But you know, I don't know who to trust.

655
00:39:32,880 --> 00:39:36,839
Speaker 2: I trust you, But I look at the predictions and

656
00:39:36,880 --> 00:39:39,759
Speaker 2: they say, well, silver could be one fifteen in the

657
00:39:39,800 --> 00:39:44,080
Speaker 2: next few months. I'm like, really, and gold could break

658
00:39:44,120 --> 00:39:48,319
Speaker 2: five thousand. What do you see on the horizon twenty six?

659
00:39:48,760 --> 00:39:52,359
Speaker 2: Twenty five ANDed greade for metal? What about twenty six?

660
00:39:53,080 --> 00:39:58,160
Speaker 11: Honestly, I see hitting both of those targets if I

661
00:39:58,239 --> 00:40:00,680
Speaker 11: was a betting man, which I'm not, probably in the

662
00:40:00,680 --> 00:40:03,799
Speaker 11: first six months of this year, but certainly by the

663
00:40:03,880 --> 00:40:05,440
Speaker 11: end of this year, that would put them at a

664
00:40:05,480 --> 00:40:08,440
Speaker 11: fifty to one ratio, which I think in this climate

665
00:40:08,520 --> 00:40:11,680
Speaker 11: is about right. But I think we could see more

666
00:40:11,800 --> 00:40:15,040
Speaker 11: movement than that, depending on a few things that are

667
00:40:15,040 --> 00:40:18,200
Speaker 11: happening internationally. But all I can say is it's a

668
00:40:18,360 --> 00:40:22,080
Speaker 11: very good climate for precious metals. I have personally been

669
00:40:22,120 --> 00:40:25,400
Speaker 11: buying as much gold and silver, a little more silver

670
00:40:25,440 --> 00:40:28,040
Speaker 11: at the moment than gold as I possibly can in

671
00:40:28,080 --> 00:40:31,240
Speaker 11: this climate. So I am practicing what I am preaching.

672
00:40:32,440 --> 00:40:33,960
Speaker 1: Now you mentioned those world events.

673
00:40:34,000 --> 00:40:38,440
Speaker 2: Obviously, Venezuela has dominated the headlines because of the arrest

674
00:40:38,440 --> 00:40:40,920
Speaker 2: of Maduin being returned to New York to face charges

675
00:40:40,960 --> 00:40:42,880
Speaker 2: that have been in place for quite some time.

676
00:40:43,440 --> 00:40:47,200
Speaker 1: What do those impacts do to the metal market.

677
00:40:47,239 --> 00:40:49,480
Speaker 2: What happens when that oil come out of Venezuela is

678
00:40:49,520 --> 00:40:51,880
Speaker 2: stopped and the ships are corralled and sent back to

679
00:40:51,880 --> 00:40:53,279
Speaker 2: the United States and elsewhere?

680
00:40:53,440 --> 00:40:54,439
Speaker 1: What do these things mean?

681
00:40:55,480 --> 00:40:58,120
Speaker 11: Look, first of all, I think ultimately it was a

682
00:40:58,160 --> 00:41:02,400
Speaker 11: good move. Russia and China have been making aggressive moves

683
00:41:02,440 --> 00:41:05,200
Speaker 11: for a long time, and we've been falling behind. To

684
00:41:05,280 --> 00:41:08,560
Speaker 11: get rid of a vicious dictator in our back door

685
00:41:09,360 --> 00:41:14,400
Speaker 11: and secure more reserves. Ultimately for the US and Venezuelan people,

686
00:41:14,840 --> 00:41:18,080
Speaker 11: I think long term is certainly a good thing. Shorter

687
00:41:18,239 --> 00:41:21,800
Speaker 11: term geopolitical events like this they act as stress tests,

688
00:41:21,840 --> 00:41:25,440
Speaker 11: and they force investors to ask what else could go wrong?

689
00:41:25,800 --> 00:41:29,200
Speaker 11: What assumptions am I relying on? And we start to

690
00:41:29,239 --> 00:41:33,959
Speaker 11: see volatility prices on crude oil, shipping, insurance and risk

691
00:41:34,040 --> 00:41:37,839
Speaker 11: premium start to rise. We don't see headlines about them

692
00:41:37,840 --> 00:41:42,400
Speaker 11: because they're opaque and quite frankly, quite complex. But ultimately

693
00:41:42,480 --> 00:41:46,800
Speaker 11: this bleeds through into the broader economy and affects everybody.

694
00:41:46,880 --> 00:41:49,000
Speaker 11: So I think we're going to see quite a bit

695
00:41:49,040 --> 00:41:51,880
Speaker 11: of volatility this year. But I think all of these

696
00:41:51,920 --> 00:41:55,040
Speaker 11: moves tie in with Trump's long term plan, which is

697
00:41:55,080 --> 00:41:56,759
Speaker 11: American interest first.

698
00:41:57,880 --> 00:42:02,280
Speaker 2: So here we are headline today five point four percent

699
00:42:02,960 --> 00:42:04,719
Speaker 2: is what they believe GDP is going to be for

700
00:42:04,760 --> 00:42:07,160
Speaker 2: the fourth quarter, five point four percent and hasn't been

701
00:42:07,160 --> 00:42:10,240
Speaker 2: there since twenty twelve. Inflation at two point seven percent.

702
00:42:10,719 --> 00:42:13,000
Speaker 2: What do those things mean for these markets?

703
00:42:13,440 --> 00:42:18,160
Speaker 11: Look, the numbers are good, definitely, but it's a little

704
00:42:18,200 --> 00:42:21,160
Speaker 11: bit more complicated than the numbers suggest. If we based

705
00:42:21,200 --> 00:42:24,239
Speaker 11: everything on the numbers, the economy is an incredible shape.

706
00:42:24,480 --> 00:42:26,520
Speaker 11: Once you start to delve in, it does get a

707
00:42:26,520 --> 00:42:30,879
Speaker 11: little bit more complicated. Investment in AI data centers made

708
00:42:30,960 --> 00:42:35,120
Speaker 11: up an astonishing ninety two percent GDP growth. So this

709
00:42:35,440 --> 00:42:38,799
Speaker 11: huge investment towards the beginning of the year trillions of

710
00:42:38,840 --> 00:42:43,160
Speaker 11: dollars in data centers have ultimately driven the bulk of

711
00:42:43,239 --> 00:42:45,880
Speaker 11: the GDP growth. So essentially it's a handful of tech

712
00:42:45,920 --> 00:42:51,720
Speaker 11: companies spending huge amounts. That's not a sustainable, long term

713
00:42:51,760 --> 00:42:56,240
Speaker 11: business model, and it doesn't reflect I think, broader economic health.

714
00:42:56,520 --> 00:42:58,920
Speaker 11: We've seen this many times before. We saw it in

715
00:42:59,000 --> 00:43:01,520
Speaker 11: the late nineties with the tech boom, the mid two

716
00:43:01,640 --> 00:43:06,759
Speaker 11: thousands housing boom. This seems predominantly AI driven. I think

717
00:43:06,960 --> 00:43:09,839
Speaker 11: a lot of the fundamentals still, there's a lot of.

718
00:43:09,800 --> 00:43:10,399
Speaker 4: Work to do.

719
00:43:10,480 --> 00:43:12,920
Speaker 11: I think President Trump's doing a great job, but he's

720
00:43:12,960 --> 00:43:16,680
Speaker 11: got some runway in front of him.

721
00:43:17,239 --> 00:43:19,480
Speaker 2: If you say, just one last quick thing on the

722
00:43:19,520 --> 00:43:23,080
Speaker 2: math here, fifty to one ratio, then where should silver

723
00:43:23,200 --> 00:43:25,320
Speaker 2: be if it was at a fifty to one ratio?

724
00:43:26,320 --> 00:43:28,960
Speaker 11: Listen, I see gold hitting five thousand. I see silver

725
00:43:29,000 --> 00:43:31,640
Speaker 11: at one hundred shorter term, but I think we blow

726
00:43:31,719 --> 00:43:33,879
Speaker 11: through both of those next year.

727
00:43:34,120 --> 00:43:34,920
Speaker 4: I really do.

728
00:43:35,719 --> 00:43:38,960
Speaker 11: Jamie Diamond said a number of months ago, very offhand,

729
00:43:38,960 --> 00:43:41,560
Speaker 11: but he said, look, in climates like this, I could

730
00:43:41,560 --> 00:43:44,239
Speaker 11: see gold hitting ten thousand dollars announced now at a

731
00:43:44,280 --> 00:43:47,080
Speaker 11: fifty to one ratio. That puts silver at five hundred.

732
00:43:47,160 --> 00:43:49,760
Speaker 11: So I think we've got a lot of movement until

733
00:43:49,840 --> 00:43:52,759
Speaker 11: we get there. But that's the trajectory we're heading on.

734
00:43:54,760 --> 00:43:55,680
Speaker 1: Well, there, you have it.

735
00:43:55,680 --> 00:43:59,480
Speaker 2: Given today's challenges, what should American investors and families be

736
00:43:59,520 --> 00:44:00,719
Speaker 2: thinking about financially?

737
00:44:00,800 --> 00:44:04,600
Speaker 11: Then listen, I think everybody needs to look at pressures medals.

738
00:44:04,920 --> 00:44:09,560
Speaker 11: The investment banks now Bank of America are considering it

739
00:44:09,600 --> 00:44:12,680
Speaker 11: as part of long term allocation. So the mindset is

740
00:44:12,760 --> 00:44:16,440
Speaker 11: changing broadly. I think a lot of your viewers have

741
00:44:16,520 --> 00:44:21,080
Speaker 11: got on board early and they're seeing very good effects

742
00:44:21,080 --> 00:44:22,840
Speaker 11: from that. But I think everyone needs to get the

743
00:44:22,880 --> 00:44:27,200
Speaker 11: information read up, understand why pressures medals are so important

744
00:44:27,239 --> 00:44:28,480
Speaker 11: for the climate in front of us.

745
00:44:28,600 --> 00:44:29,560
Speaker 1: It's very simple to do.

746
00:44:29,640 --> 00:44:30,640
Speaker 11: I can see it in front of me.

747
00:44:30,680 --> 00:44:31,240
Speaker 4: It's America.

748
00:44:31,239 --> 00:44:34,040
Speaker 11: It's nine eight ninety eight ninety eight. Get the information

749
00:44:34,280 --> 00:44:37,160
Speaker 11: and contact us will be here to help.

750
00:44:38,560 --> 00:44:41,320
Speaker 2: There you go, Phillip Patrick. A lot of good things

751
00:44:41,320 --> 00:44:43,279
Speaker 2: to talk about heading into twenty six. Thank you for

752
00:44:43,320 --> 00:44:47,200
Speaker 2: being here, Thank you for having me, Steve, And as

753
00:44:47,239 --> 00:44:48,759
Speaker 2: you said, text word America to the.

754
00:44:48,800 --> 00:44:50,880
Speaker 1: Number ninety eight, ninety eight ninety eight right.

755
00:44:50,760 --> 00:44:53,800
Speaker 2: Now, your free information kit on gold again. Text to

756
00:44:53,800 --> 00:44:56,759
Speaker 2: word America the number ninety eight ninety eight ninety eight.

757
00:44:56,800 --> 00:44:58,600
Speaker 2: Can you imagine silver at five hundred?

758
00:45:00,080 --> 00:45:02,440
Speaker 1: Wow? That would be something, wouldn't it?

759
00:45:03,360 --> 00:45:03,480
Speaker 8: All?

760
00:45:03,600 --> 00:45:03,799
Speaker 1: Right?

761
00:45:03,880 --> 00:45:06,319
Speaker 2: After the break, we'll have a story that reminds us

762
00:45:06,360 --> 00:45:09,280
Speaker 2: of how wonderful America is. Plus answers to the America's

763
00:45:09,360 --> 00:45:12,239
Speaker 2: Voice question today, what are your thoughts on Ice and

764
00:45:12,320 --> 00:45:14,640
Speaker 2: Vall shooting in Minneapolis and do you think the Ice

765
00:45:14,680 --> 00:45:18,040
Speaker 2: agent acted in self defense? We'll have those answers and

766
00:45:18,120 --> 00:45:20,760
Speaker 2: more coming up on America's Voice Live.

767
00:45:28,960 --> 00:45:30,160
Speaker 1: It makes America wonderful.

768
00:45:30,160 --> 00:45:31,560
Speaker 2: We do it every day with a whole putting a

769
00:45:31,600 --> 00:45:33,359
Speaker 2: smile on your face before you go on your way.

770
00:45:33,400 --> 00:45:36,800
Speaker 2: Today's story comes to us right here from Real America's Voice.

771
00:45:37,000 --> 00:45:39,160
Speaker 2: We try to bring you the latest coverage from breaking

772
00:45:39,200 --> 00:45:42,440
Speaker 2: news to President Trump and his captain. Of course, today,

773
00:45:42,440 --> 00:45:44,880
Speaker 2: our very own Benny Ray Harmony is following Secretary of

774
00:45:44,920 --> 00:45:48,000
Speaker 2: Warpete Hegseth during his Arsenal of Freedom tour.

775
00:45:48,480 --> 00:45:49,480
Speaker 1: As check in with Benny.

776
00:45:49,560 --> 00:45:53,680
Speaker 12: Now, Hey, Steve, Yes, Happy Thursday. We are here at

777
00:45:53,800 --> 00:45:56,960
Speaker 12: Joining Andrews Air Force Base in Marilanda, a waiting Secretary

778
00:45:56,960 --> 00:46:00,640
Speaker 12: of Warpete hegg Seth to arrive. We will be traveling

779
00:46:00,719 --> 00:46:03,839
Speaker 12: with him today and tomorrow as he is on his

780
00:46:04,080 --> 00:46:07,360
Speaker 12: Arsenal a Freedom tour. Now what is this tour, you

781
00:46:07,400 --> 00:46:10,719
Speaker 12: may be asking, Well, this tour is to show the

782
00:46:10,760 --> 00:46:15,440
Speaker 12: strength of the American industrial defense base to show to

783
00:46:15,880 --> 00:46:19,440
Speaker 12: other foreign entities that we are strong and that we

784
00:46:19,560 --> 00:46:22,359
Speaker 12: have what it takes to compete on a world level. Now,

785
00:46:22,400 --> 00:46:25,200
Speaker 12: a Secretary of War head Seth we went to the

786
00:46:25,280 --> 00:46:29,280
Speaker 12: National Defense Forum with him in California where he really

787
00:46:29,360 --> 00:46:34,279
Speaker 12: hounded on the aspect of the warrior ethos and restoring

788
00:46:34,440 --> 00:46:38,520
Speaker 12: American military back to the standards that it once was.

789
00:46:39,440 --> 00:46:43,600
Speaker 12: So we will tomorrow we will kick off our full

790
00:46:43,680 --> 00:46:46,799
Speaker 12: day tomorrow on Friday, with starting with pet with the

791
00:46:46,840 --> 00:46:50,200
Speaker 12: troops in the morning. Now later on today when we

792
00:46:50,280 --> 00:46:54,240
Speaker 12: touch down in California, we will be doing a touch

793
00:46:54,320 --> 00:46:57,759
Speaker 12: with troops. Now what that means is Secretary of War

794
00:46:58,400 --> 00:47:00,560
Speaker 12: he will go in and he will talk to these

795
00:47:00,600 --> 00:47:02,880
Speaker 12: recruits and he will talk to these members of our

796
00:47:02,960 --> 00:47:06,000
Speaker 12: armed forces as well as we're going to be going

797
00:47:06,000 --> 00:47:09,760
Speaker 12: to MEPs, which is where the re enlistment and enlistment

798
00:47:09,800 --> 00:47:12,640
Speaker 12: happens for the Armed forces. And so the Secretary will

799
00:47:12,640 --> 00:47:15,879
Speaker 12: be giving us speech later on this evening there as

800
00:47:15,920 --> 00:47:22,279
Speaker 12: well with going to the Divergent Technologies later this evening. Now,

801
00:47:22,320 --> 00:47:26,120
Speaker 12: Divergent Technologies is a place that creates tech and creates

802
00:47:26,160 --> 00:47:30,200
Speaker 12: AI and uses these technology systems to ensure that our

803
00:47:30,320 --> 00:47:34,440
Speaker 12: war fighting, you know, are our jets and our tanks

804
00:47:34,480 --> 00:47:38,719
Speaker 12: and things like that can operate effectively with the best technology,

805
00:47:38,760 --> 00:47:43,640
Speaker 12: because we know that our adversaries they have that technology China, Russia,

806
00:47:43,680 --> 00:47:45,759
Speaker 12: and we have to be able to compete on the

807
00:47:45,800 --> 00:47:49,600
Speaker 12: world stage for that. Now, we do expect to get

808
00:47:49,640 --> 00:47:52,560
Speaker 12: to ask Secretary had says some questions over these next

809
00:47:52,600 --> 00:47:56,120
Speaker 12: couple of days. So we will be reporting here on

810
00:47:56,160 --> 00:48:00,160
Speaker 12: the ground with the Department of War. We are the

811
00:48:00,200 --> 00:48:03,239
Speaker 12: traveling presspool these next couple of days, so make sure

812
00:48:03,360 --> 00:48:06,000
Speaker 12: you stay tuned. We'll be coming to you live from

813
00:48:06,040 --> 00:48:09,960
Speaker 12: all over California. And I just I think it's absolutely

814
00:48:10,000 --> 00:48:13,600
Speaker 12: incredible as arsenal, a freedom tour kicked off in Virginia

815
00:48:13,640 --> 00:48:16,759
Speaker 12: where the Secretary of War he went down and saw

816
00:48:16,800 --> 00:48:18,840
Speaker 12: some of the ship building that is happening down in

817
00:48:18,880 --> 00:48:22,239
Speaker 12: the Virginia Beach Norfolk area. But this again goes to

818
00:48:22,320 --> 00:48:25,719
Speaker 12: show peace through strength. That is what Secretary Heg says

819
00:48:25,760 --> 00:48:29,960
Speaker 12: says constantly. The America, the United States has to be,

820
00:48:30,360 --> 00:48:32,920
Speaker 12: has to have strength, and we do that through peace.

821
00:48:33,360 --> 00:48:35,720
Speaker 12: So we'll be reporting live throughout these next couple of days.

822
00:48:35,760 --> 00:48:38,480
Speaker 12: We'll be back with more, all.

823
00:48:38,480 --> 00:48:40,000
Speaker 1: Right, Bennie, thank you for those dates.

824
00:48:40,040 --> 00:48:41,920
Speaker 2: Pete Haig South, along with the rest of the President

825
00:48:41,960 --> 00:48:44,360
Speaker 2: Trump cabinet and President Trump himself, continue to work to

826
00:48:44,360 --> 00:48:46,920
Speaker 2: improve America, restore our place at the top of the

827
00:48:46,920 --> 00:48:48,840
Speaker 2: global charts, all of them on.

828
00:48:48,960 --> 00:48:51,719
Speaker 1: The name of freedom. And today that reminds us what

829
00:48:51,800 --> 00:48:53,120
Speaker 1: makes America wonderful?

830
00:48:53,120 --> 00:48:54,800
Speaker 2: The question today, real quick, what are your thoughts on

831
00:48:54,800 --> 00:48:57,120
Speaker 2: the ice involved shooting in Minneapolis? Did he act in

832
00:48:57,200 --> 00:48:59,959
Speaker 2: self defense? Dennis Paul? When you keep poking the bear,

833
00:49:00,680 --> 00:49:04,640
Speaker 2: feel the clause? Robert Schwinky has this. The bottom line

834
00:49:04,680 --> 00:49:06,319
Speaker 2: is that she made a bad decision and paid the

835
00:49:06,360 --> 00:49:09,840
Speaker 2: ultimate price. If she didn't go there get into that situation,

836
00:49:10,000 --> 00:49:13,319
Speaker 2: she would still be alive. Nobody's faulting her own. If

837
00:49:13,360 --> 00:49:15,160
Speaker 2: she would have just listened to the officer, she would

838
00:49:15,200 --> 00:49:19,360
Speaker 2: be alive. Decisions have consequences. And one more, Alan Anderson

839
00:49:19,360 --> 00:49:21,759
Speaker 2: try to run over a cop and get shot. I

840
00:49:21,800 --> 00:49:25,120
Speaker 2: feel for the cop. Yeah, he has to live with that.

841
00:49:25,160 --> 00:49:28,040
Speaker 2: It's the fair points you make. Boy, it's been a

842
00:49:28,080 --> 00:49:31,759
Speaker 2: blistering twenty twenty six, hasn't it already? Remember to start

843
00:49:31,800 --> 00:49:33,480
Speaker 2: your day every day with me, because I kick it

844
00:49:33,520 --> 00:49:36,040
Speaker 2: off live right here in real America's Voice six am

845
00:49:36,160 --> 00:49:38,680
Speaker 2: every Monday through Friday, with the Steve River Show, getting

846
00:49:38,680 --> 00:49:40,840
Speaker 2: you right into the day with the best information, the

847
00:49:40,880 --> 00:49:44,080
Speaker 2: best guests, and the best coverage right here on rav

848
00:49:44,160 --> 00:49:46,080
Speaker 2: So don't forget to do that. Send me an email too,

849
00:49:46,120 --> 00:49:48,000
Speaker 2: tell me about the hot stories in your neck of

850
00:49:48,040 --> 00:49:51,120
Speaker 2: the woods. Steve Gruber dot com the place to do that.

851
00:49:52,680 --> 00:49:55,000
Speaker 2: Bowling on the way right here in Real America's Yes,

852
00:49:55,040 --> 00:50:00,279
Speaker 2: we'll see you tomorrow s.