Speaker 1: Hey thirty on a Thursday, regular listeners, No, it's that
Speaker 1: time week gets doctor. iHeart medi aviation expert Jay Ratlift
Speaker 1: Welcome back, my good friend, Jay Ratliffe.
Speaker 2: It's a pleasure to have you on the program.
Speaker 3: As always spent some of the morning talking about your dad.
Speaker 3: Oh really, yeah, I was every morning I'm on with
Speaker 3: Bill Wills up at the TAM in Cleveland. Yeah, and yeah,
Speaker 3: he used to do the farm reports forty some years
Speaker 3: ago and down of WLW and was talking about some
Speaker 3: fond memories of your dad. So I enjoyed that this morning.
Speaker 1: I appreciate that, and I'm sure my dad was smiling
Speaker 1: from above and reflecting on those memories himself. And you know,
Speaker 1: I gotta go down this stock trading road because you know,
Speaker 1: we always talk about it. You are a stock trader.
Speaker 1: Daytrade fund dot com is where you find Jay and
Speaker 1: his methodology and where you can learn it. But your
Speaker 1: reaction to the insanity that went on this week, you
Speaker 1: know Trump's you know, tariffs are issue. The market goes crazy,
Speaker 1: trillions of dollars, dogs and cats, let me together, we're
Speaker 1: all gonna die. And then lo and behold after him
Speaker 1: pausing it because so many countries stepped up to the
Speaker 1: plate and said, no, we want to negotiate. We don't
Speaker 1: want to do retaliatory tariffs. We'd rather sit down and
Speaker 1: work something out with you. So he said, all right,
Speaker 1: we'll go ninety day pause. And one of my listeners,
Speaker 1: and you may have heard me mention it before, west Side,
Speaker 1: Jim Keefer. He lost a substantial amount of his portfolio,
Speaker 1: but gained all of it back plus some additional yesterday.
Speaker 2: He's ahead.
Speaker 3: And that's why you don't you don't panic. And you know,
Speaker 3: I have to admit there's part of me that wonders
Speaker 3: if Donald Trump didn't pull this just to show the
Speaker 3: world he will do what he needs to do. And
Speaker 3: would that cause people that weren't formally gonna negotiate as
Speaker 3: country leaders say.
Speaker 2: You know what we need to I think.
Speaker 3: We always talk. We always talk about the Airplane movie
Speaker 3: and there's a scene in there where all the lights
Speaker 3: go out on the runways and they look over and
Speaker 3: Johnny's pulled the plug with a big smiles. You know,
Speaker 3: maybe that was Donald Trump. I don't want to think
Speaker 3: he would be playing with people's money that way, but
Speaker 3: you know, most people are just gonna you know, panic,
Speaker 3: but not pull the trigger and make any rash decisions.
Speaker 3: And you and I've talked about so many times before,
Speaker 3: the two emotions that I teach my students about are
Speaker 3: fear and greed. And if you can get the emotions
Speaker 3: out of the equation, you can make a lot of
Speaker 3: money consistently on Wall Street. But the problem is when
Speaker 3: people allowed the headlines and all the panic and things
Speaker 3: of this nature to start to, you know, influence their decisions.
Speaker 3: You had people that were making some really rash and
Speaker 3: ill advised decisions based on what was taking place, convinced
Speaker 3: the market was going to continue to go down and
Speaker 3: it you know, you just got to stay away from
Speaker 3: the emotion part. And Warren Buffett, if I may, the
Speaker 3: guy that was being chastised at an investor conference in
Speaker 3: I want to say it was February because people were
Speaker 3: telling the fifth richest man on the planet that he
Speaker 3: was making a mistake because he had three hundred and
Speaker 3: forty four billion dollars on the sidelines. They said that
Speaker 3: money should be in the market, come on, get it,
Speaker 3: and he's like, nope, I wait for stocks to go
Speaker 3: on sale then I make my call. So I always
Speaker 3: think it's fun when somebody tells the fifth richest man
Speaker 3: in the world he's doing something wrong, because you get
Speaker 3: to that point by doing a lot of things right.
Speaker 3: He doesn't panic when the market drops. He's just looking
Speaker 3: for stocks that go on sale and buys him.
Speaker 1: Yeah, and you know, perhaps he did buy after the
Speaker 1: cell off the other day. It wouldn't shock me if
Speaker 1: he did.
Speaker 3: I think he was waiting for a little bit more.
Speaker 3: And Braden, you never know. If if the tariffs and
Speaker 3: as we approach that ninety day mark aren't in a
Speaker 3: you know, in line with where we want, we could
Speaker 3: see another round of volatility. Now, the good news is
Speaker 3: that we if we do have round two, we've got
Speaker 3: between now and then to work on it and for
Speaker 3: people to understand what could happen and to relax. And
Speaker 3: in fact, on my success blog at the Day Trade Fund,
Speaker 3: I think it was a November entry of last year.
Speaker 3: On my success blog, I talked about how to survive
Speaker 3: and thrive when one of these market corrections take place.
Speaker 3: And they happen all the time, so if you can
Speaker 3: be prepared when it takes place, it doesn't catch you
Speaker 3: off guard. Be you don't panic and see you've got
Speaker 3: a predetermined plane of action you're gonna follow, even if
Speaker 3: it means don't do anything, and then do what the
Speaker 3: big guys do. That the Warren Buffets and others look
Speaker 3: for stocks to go on sale, and I warrant obviously
Speaker 3: holds them for longer periods of time than our eight,
Speaker 3: ten and fifteen minutes that we flip stocks. Right, it's
Speaker 3: the same concept. You look for stocks at a specific point.
Speaker 3: If they reach that point, you buy them, and you
Speaker 3: know exactly where you're going to sell them.
Speaker 1: Well, I can't let the end of this convers this
Speaker 1: conversation and as it going to a break without observing
Speaker 1: you know, we are all familiar with, at least my
Speaker 1: listeners are the bias in media, and it's certainly they
Speaker 1: are not favorable to the Trump administration across the board.
Speaker 1: So maybe a lot of this hysteria and gloom and
Speaker 1: doom and we're all going to die as a consequence
Speaker 1: of of them stirring the pot of fear that was
Speaker 1: brought about and well led to maybe some of the
Speaker 1: markets sell off.
Speaker 3: I don't know, but what it bring your exactly correct,
Speaker 3: And if you're talking about if as possible as we
Speaker 3: saw with one of those recent polls that you've addressed,
Speaker 3: that the idea of an assassination on any of the
Speaker 3: you know, Musk or Trump or these others is considered
Speaker 3: justifiable in the eyes of some of those people. I mean, yeah,
Speaker 3: if that's the kind of message that they're sending, Yeah,
Speaker 3: they'll they'll do anything and you know, whatever it means
Speaker 3: to try to prevent the president from doing what he's doing.
Speaker 3: In fact, in the last little bit, it's about the
Speaker 3: only thing that they've really had to jump up and
Speaker 3: down on to point at. But it's also the president
Speaker 3: Trump's own doing, because remember he talked about when he
Speaker 3: was campaigning, if the market wasn't doing well, look under
Speaker 3: me it did great. Blah blah blah blah blah. So
Speaker 3: now that he's president, he's got to own anything if
Speaker 3: it goes up or down.
Speaker 2: Yeah, certainly true.
Speaker 1: Anyway, we'll pause, we will talk aviation issues. Aviation expert
Speaker 1: Jay rattlifte be right back after these brief words. And
Speaker 1: I heard media aviation expert Jay Rattlift as a lead
Speaker 1: into the first story, Jay Ratlift, is it just the
Speaker 1: Internet which brings these stories to our attention, and they
Speaker 1: always existed at the same level or our passenger is
Speaker 1: becoming more and more unruly these days.
Speaker 3: I would say there's an element of both, but it's
Speaker 3: it's probably a little bit more prevalent these days because
Speaker 3: and I think a lot of it has to do
Speaker 3: is just the aggravation of a lot of people as
Speaker 3: they fly. In the eighties, nineties, two thousands, a lot
Speaker 3: of times we would have load factors averaging sixty seventy
Speaker 3: percent where you still had room on the airplane. You
Speaker 3: weren't fighting for overhead storage space. It just it was
Speaker 3: a more pleasant experience to travel than what it is now.
Speaker 3: Now it's you know, you don't enjoy travel, you endure
Speaker 3: it to get where you're at, and it's almost like,
Speaker 3: you know, full contact rugby or something when you're trying
Speaker 3: to do it. So these stories, now that we've got
Speaker 3: social media, they tend to get out there more often,
Speaker 3: and there's a tendency to think, well, it's just because
Speaker 3: you know, we have the ability to get them out there.
Speaker 3: But the numbers are up a bit. The problem is
Speaker 3: a lot of times when these people are involved in assault,
Speaker 3: they don't share that information with other airlines, and that
Speaker 3: remains one of my biggest pet peas, because if you
Speaker 3: assault somebody on American, well you should not be allowed
Speaker 3: to fly in United where you could assault a flight
Speaker 3: attendant or another passenger, there should be some sort of consequences.
Speaker 3: And boy, what a headache we had on that American
Speaker 3: flight leaving JFK on his way to Milan. And that
Speaker 3: just sounds so nice. Just get on a plane and
Speaker 3: you're going to Milan. You just sit back, relaxed, and
Speaker 3: you're gonna have a good time. Until four hours into
Speaker 3: the flight, you've got a passenger who gets into a
Speaker 3: heated argument with a flight attendant over what his meal
Speaker 3: wasn't what he had ordered, Lord Ques did, oh yes.
Speaker 3: So the verbal argument then becomes a physical situation where
Speaker 3: he's actually shoving some of the flight attendants, and then
Speaker 3: he makes a dash towards the cockpit because of course
Speaker 3: the captain is going to be very interested in his
Speaker 3: particular problem, and they stop him, and then all of
Speaker 3: a sudden, they turned that airplane around. They're four hours
Speaker 3: into flight over the Atlantic Ocean back to JFK's It
Speaker 3: was closest airport they could get to. So for American airlines,
Speaker 3: so you come back, you land, the demand is taking off, detained,
Speaker 3: I hope, arrested, and passengers will put up overnight sixteen
Speaker 3: hours after they left the first time, they're back on
Speaker 3: the airplane and then headed back to Milan. So it
Speaker 3: just goes to show it takes, you know, and there's
Speaker 3: people in Italy that are waiting for that aircraft to
Speaker 3: get there for them to take to wherever that next
Speaker 3: segment was going to be. So you've got somebody that's
Speaker 3: not only impacting everybody that's on a flight, but people
Speaker 3: that are waiting on that aircraft at the next destination.
Speaker 3: And think of the people that were on their way
Speaker 3: to a wedding or reunion or you know, my family
Speaker 3: members on life support. I've got to get there before
Speaker 3: they pass away. And you've got this absolute moron, this
Speaker 3: acting up on this floor that is causing every other
Speaker 3: passenger on board to suffer as a result.
Speaker 1: Oh you know, I don't care if I got a
Speaker 1: deadline or a layover or anything. I'm just I'm gonna
Speaker 1: be just just insanely angry just because you know, I'm
Speaker 1: being held up by this jerk.
Speaker 2: Period. End of story. You don't have to come much
Speaker 2: further than that.
Speaker 1: It's like you one guy caused all of this because
Speaker 1: of a meal that you were served. It's airplane food,
Speaker 1: for God's sake, It's gonna suck regardless of what they
Speaker 1: feed you.
Speaker 3: But he wanted the less sucky kind.
Speaker 2: I think, yeah right, It.
Speaker 3: Just but the idea of when it became a security situation,
Speaker 3: that's when everything was off. Because the airlines have very
Speaker 3: clearly defined protocol. When you know there's no air marshall
Speaker 3: on board, they were calling for any law enforcement officers
Speaker 3: or military that were on board to assist because they
Speaker 3: were having a difficult time at first to contain the individual.
Speaker 3: And every time that I fly, I'll say hello to
Speaker 3: the lead fla height attendant and let her let he
Speaker 3: or see you know where I'm seated, just in case
Speaker 3: he needed an extra set of hands, because a lot
Speaker 3: of times you don't want to announce over the intercom.
Speaker 3: You know, do we have any law enforcement because I
Speaker 3: mean that's going to really start to bring people out
Speaker 3: thinking something's wrong, and if they can just come back
Speaker 3: and whisper if it's a medical emergency to a doctor
Speaker 3: or nurse, or if they've got someone on their law
Speaker 3: enforcement or whatever that can help a situation. They want
Speaker 3: to do that. So it's a little bit, you know,
Speaker 3: let's telegraphed across the cabin, but they were calling for
Speaker 3: help to try to get this guy subdued and restrained.
Speaker 3: They were able to do so. And then, of course
Speaker 3: because of that one person, I mean, vacations and just
Speaker 3: all those kinds of things, and I think it happens.
Speaker 1: And I think you might open yourself up to a
Speaker 1: passenger induced beat down as well.
Speaker 2: But just to reserve my judgment, technically.
Speaker 3: We're only allowed to restrain. You can restrain forcefully.
Speaker 1: So yes, indeed, all right, how about boycotting airlines because
Speaker 1: they're cooperating with immigrations and officials, Well, we got the way.
Speaker 3: Little Airlines. They're the airline that has been hired as
Speaker 3: a charter flight to help the homeland security as far
Speaker 3: as their ice transportation for the deportation of people that
Speaker 3: are being escorted out of the country, a lot of
Speaker 3: them being you know, criminals and other types of things.
Speaker 3: And there are groups around the country that are saying,
Speaker 3: we are going to boycott this airline because they're involved
Speaker 3: in something we don't agree with. And you have the
Speaker 3: airline that flies to several cities that you have where
Speaker 3: the democratic leadership of those cities are saying, look, we're
Speaker 3: giving this airline some subsidies and assistance in order to
Speaker 3: be here, and we want those subsidies to be removed
Speaker 3: because we don't like what they are doing. And of
Speaker 3: course the CEO for the airline says, look, if it's
Speaker 3: not us, as someone else, we're going to take the
Speaker 3: business because it's going to help our business. It allow
Speaker 3: us to continue to help you know, people around the
Speaker 3: country as we fly because they're regularly scheduled airline. But
Speaker 3: if it wasn't, then would be somebody else.
Speaker 2: Yeah.
Speaker 3: So yeah, they've got a boycott and you know, I
Speaker 3: we'll see where it goes or doesn't go. But it
Speaker 3: seems like the CEO is pretty much a look, I
Speaker 3: don't care, but this is what we're going to do
Speaker 3: because A it needs to be done and be you know,
Speaker 3: if it's not us, it's going to be someone else.
Speaker 1: Fair enough, Well, we'll bring you right back on. Another
Speaker 1: couple of stories to run by emotional support animal story
Speaker 1: and then oh, look I have one more. An idiot
Speaker 1: passenger try to open a door in fly plus hub
Speaker 1: delays one more with Jay Ratliffe, be right, back K.
Speaker 2: Forty eighth and five pair CD talk station.
Speaker 3: Right.
Speaker 1: That was Jay Ratliffe wrapping up our aviation segment here.
Speaker 1: I understand an emotional support animal cause a bit of
Speaker 1: a problem for a passenger, and we've had all kinds
Speaker 1: of crazy stories about emotional support animals. What kind of
Speaker 1: emotional support animal was it this time?
Speaker 2: Jay? It was a parent, a peng one, a parent.
Speaker 3: Yeah, And she was flying Frontier JFK to San Juan,
Speaker 3: Puerto Rico, and she had all the documentation everything that
Speaker 3: Frontier required, so she was allowed to take this rather
Speaker 3: large bird as her support animal on board the flight
Speaker 3: down to Puerto Rico. She's coming back and the agents
Speaker 3: there say you can't take a parrot on our flight,
Speaker 3: it's too big, and she's like, wait a minute, I
Speaker 3: flew Frontier down here, and they said, well, look, all
Speaker 3: you got to do is go to our website. It
Speaker 3: clearly states that no large birds can be accepted, as
Speaker 3: you know, emotional sport animals, so you just have to
Speaker 3: leave it behind. And she's like, I'm not leaving my
Speaker 3: pet slash emotional support animal behind. So she was looking
Speaker 3: a Frontier to do something about the situation that they
Speaker 3: created and yeah the last word, I've not heard if
Speaker 3: they've got it worked out, but she was, in essence,
Speaker 3: staying in Puerto Rico till they got it worked out.
Speaker 1: Well, if you've got attached to a parrot, and I
Speaker 1: know a lot of people are there's things live eighty
Speaker 1: five one hundred years and oh yeah yeah, so ay.
Speaker 3: Yes, And then if you know a lot of people
Speaker 3: look at these, you know, pets as children type of thing,
Speaker 3: and the idea of just leaving it behind is no
Speaker 3: well one, it's a ridiculous situation. But are a suggestion.
Speaker 3: But yeah, that's what somebody said. I suspect Frontier management
Speaker 3: probably didn't think that was the most proper thing to say.
Speaker 1: Well, real quick, I saw this morning. I always check
Speaker 1: aviation news and this one on Simplyflying dot com. Before
Speaker 1: you and I talk. Frontier Airlines flight had turned back
Speaker 1: to Denver after an unruly passenger attempted to open the
Speaker 1: door on the Airbus A three twenty mid flight to
Speaker 1: turn back. What I mean, you know, I guess people
Speaker 1: become unhinged on some level, maybe they're mentally challenged when
Speaker 1: they get on, but you know, opening a door mid flight,
Speaker 1: well done, trying.
Speaker 3: To because you and I both know that they can't
Speaker 3: because once the air is pressurized, it's not going to happen.
Speaker 3: But that's the third grab the handle and give a
Speaker 3: pulled story that I've had. In the last two weeks,
Speaker 3: we've had three flights where people have become irritated to
Speaker 3: the point that they have actually gone up to the
Speaker 3: emergency door exit and they've tried to jerk the handle. Now,
Speaker 3: if people are not aware of the fact that the
Speaker 3: door can't be opened, obviously you're gonna have people freaking
Speaker 3: out thinking they're about to die. So you've got people
Speaker 3: diving on the individual trying to make sure that they
Speaker 3: stay away from the door. And yeah, in fact, we
Speaker 3: had one guy in a flight that tried to do it.
Speaker 3: They moved him to a seat away from it, and
Speaker 3: he tried to do it twice on the same flight,
Speaker 3: so it you know, it's just people that are acting
Speaker 3: this kind of way induce panic, and of course they'll
Speaker 3: never be allowed to fly on that particular airline again,
Speaker 3: and they could be charged for inciting panic. But most
Speaker 3: of the time the airlines do not even pursue that.
Speaker 3: All they're told is, you know, you're not gonna be
Speaker 3: flying us again and they leave it. And other than that,
Speaker 3: they may and should be getting a fine from the
Speaker 3: Federal Aviation Ministration for failure to abide by the instructions
Speaker 3: of a uniform crew member, which can be ten or
Speaker 3: twenty thousand dollars if not more. So, it's not gonna
Speaker 3: be something they're not gonna have some consequences for. But
Speaker 3: obviously you wish it was more than what it was.
Speaker 2: Yeah.
Speaker 1: Well, and speaking of consequences, at the bottom of the
Speaker 1: website where I found this, they have a it's an image.
Speaker 1: It's you know, the Halloween costumes. It's the Unruly Passenger
Speaker 1: Halloween costume and the it's a depiction of a guy
Speaker 1: who's got duct tape all around them and zip ties.
Speaker 1: And the package includes it's the Spooky Unruly Passenger, includes
Speaker 1: duct tape, zip tie cuffs, cancel tickets, fines, unemployment application costs,
Speaker 1: thirty seven thousand dollars.
Speaker 3: Oh, easily, easily, and yeah, and probably some divorce papers too. Yeah.
Speaker 3: One of the better images you can do is do
Speaker 3: a Google search of an airline passenger that was duct
Speaker 3: taped to a seat. They duct taped his mouth and
Speaker 3: I mean they must have used two rolls of duct
Speaker 3: tape on this poor guy. And it's it's it's, it's yeah,
Speaker 3: it's probably the poster j out of why you don't
Speaker 3: want to act up on a flight.
Speaker 1: No, and then there's that pesky fine, all right, we
Speaker 1: got to close out, as we always do with hub delays.
Speaker 1: How's it looking out there for air travel today, Jay Ratliff, You.
Speaker 3: Know, we've got some obviously weather headed towards the Northeast,
Speaker 3: and I think Minneapolis has already seen some delays, but
Speaker 3: it's going to be Washington, d C, Philadelphia, New York,
Speaker 3: maybe Boston by the end of the day. But in essence,
Speaker 3: if you're flying anywhere to the Northeast, expect some delays.
Speaker 3: Certainly expect some turbulence where we're going to be seeing
Speaker 3: some some rough weather, not dangerous, just uncomfortable. Make sure
Speaker 3: you've got your seatbelt passing about you, and get to
Speaker 3: the airport early if you're flying to or through the Northeast,
Speaker 3: because we will see some delays that are going to
Speaker 3: be kind of plaguing us for the rest of the day.
Speaker 1: Sound advice and Jay Raylife. As always, Jay, love having
Speaker 1: you on the program. I hope you have a wonderful
Speaker 1: week man, and I'll look forward to next Thursday and another.
Speaker 1: Oh no, I'll be gone next Thursday. I'm taking the
Speaker 1: week off.
Speaker 3: Yeah, so it was, it was. It was on my calendar.
Speaker 3: Joe made sure that I had all that stuff written
Speaker 3: down and recorded. So I hope you're doing something.
Speaker 1: Fun and relaxing mental health week off. I'm just so
Speaker 1: exhausted with you know, the stories I have to deal
Speaker 1: with every once in while. I just got to take
Speaker 1: some time off and decompress. That's what I'll be doing.
Speaker 3: Next, I said Mike mcconaell of text saying hey, you're
Speaker 3: ready to come back yet after two days being retired,
Speaker 3: after significance paused for effect, it was like, no, I'm fine,
Speaker 3: getting a lot more rest now.
Speaker 2: Yeah.
Speaker 1: I saw more emotion on his face last week than
Speaker 1: i'd seen anytime I ran into in the hall. And actually,
Speaker 1: because if you if you know Mike, he's a very
Speaker 1: emotionless kind of guy. If he's happy, you're sad, just
Speaker 1: has the same look on his face. I actually saw
Speaker 1: what really appeared to be a smile on his face
Speaker 1: multiple times throughout last week. I even commented to him
Speaker 1: on it and He got a big grin on his
Speaker 1: face when I said.
Speaker 3: It was and it was good to see. It was
Speaker 3: good to see you that day as well.
Speaker 2: Oh Man, I'm so glad you stopped then, because I told.
Speaker 3: You to be in trouble. If I hadn't made it
Speaker 3: a point, brother, you're.
Speaker 2: Darn right you would have take care Jay. Thanks for
Speaker 2: what you do. Man. We'll talk two weeks from now,
Speaker 2: at least you and I will.
Speaker 3: Good ma'am.
Speaker 1: George Brenman was interested to Restore Liberty event, and we
Speaker 1: also talk some other things going on politically and generally speaking.
Speaker 1: Restore Liberty dot Us. The event is on Sunday, open
Speaker 1: doors open at four thirty. Get all the details at
Speaker 1: five KRC dot Com're just go directly to Restore Liberty
Speaker 1: dot Us because there are only a small number of
Speaker 1: tickets left. Got some great speakers lined up and some
Speaker 1: video presentation, so that'll take place on Sunday. Congressman Born
Speaker 1: Davidson was on excellent Conversation with a Congressman This Morning
Speaker 1: podcast at five care sea dot com. Get a copy
Speaker 1: of Brian Reisinger's book land Ridge Cash Poor, My Family's
Speaker 1: Hope and The Untold History of the disappearing American farmer.
Speaker 1: Probably gonna want to get a copy after you hear
Speaker 1: the podcast again. Fity five kr SE dot com. Shaw
Speaker 1: McMahon filling in for Joe Strecker. You did a wonderful
Speaker 1: job today. Appreciate what you're doing and I'll see you tomorrow. Folks,
Speaker 1: have a great day. Don't go away. Glenn Beck's coming
Speaker 1: right up.