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<v Speaker 1>This show is produced and hosted by Mark Webber.

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<v Speaker 2>The show is sponsored by G three Aparo.

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<v Speaker 1>The views expressed in the following program are those of

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<v Speaker 1>the sponsor and not necessarily the opinion of seven ten

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<v Speaker 1>wor or iHeartMedia. Who is Mark Weber. He's a self

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<v Speaker 1>made business executive here to help you find your success,

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<v Speaker 1>from the New York City projects to the Avenue Montaigne

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<v Speaker 1>in Paris. His global success story in the luxury world

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<v Speaker 1>of fashion is inspirational. He's gone from.

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<v Speaker 2>Clerk to CEO twice.

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<v Speaker 1>Mark is classic proof that the American dream is alive

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<v Speaker 1>and well, here's your host of always in Fashion, Mark Weber.

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<v Speaker 3>Mark Weber.

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<v Speaker 4>I have been living by a quote Benjamin Franklin. I

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<v Speaker 4>love it. Made it my operational business to use this quote.

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<v Speaker 4>Well done is better than well said. I became a fan. Yes,

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<v Speaker 4>I hear what you're going to do, Just show me.

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<v Speaker 4>I don't want to hear. I want you to show

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<v Speaker 4>me all the best plans, just that plans until you deliver,

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<v Speaker 4>they're just words. I have little patience in hearing what

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<v Speaker 4>you're going to do. I'm only interested in what you do.

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<v Speaker 4>I voted for a president on his positions and promises,

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<v Speaker 4>my fingers across, hoping that he delivers. I don't like humans.

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<v Speaker 4>You listen to the show, you know that it's just

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<v Speaker 4>too many disappointments. I've learned, in turn not to expect anything,

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<v Speaker 4>because that guarantees disappointment in the end. Like most things,

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<v Speaker 4>it's about character, your character, living up to your promises,

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<v Speaker 4>doing the right thing. Having integrity is not a concept,

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<v Speaker 4>it's a choice. There's no version of the truth. There's

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<v Speaker 4>only truth. Who you are, who we are, who a

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<v Speaker 4>brand is. How companies behave toward their customers. It's all

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<v Speaker 4>about character and who I, who we, who they are?

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<v Speaker 4>How do companies behave and react to their constituents. There's

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<v Speaker 4>so many hopes, so many aspirations, wishes, promises. They all

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<v Speaker 4>sound so good, They feel so good, look so good.

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<v Speaker 4>The question is is life good? From far? But far

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<v Speaker 4>from good? I wonder. I have to admit you might

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<v Speaker 4>not like where. I first heard this quote when I

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<v Speaker 4>was young, a teenager, actually a close friend went out

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<v Speaker 4>on a date and showed me her profile, her picture.

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<v Speaker 4>After the date, I asked them the next day, was

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<v Speaker 4>she as pretty as the photo? And the exact quote?

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<v Speaker 4>I never forgot it all these years, she was good

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<v Speaker 4>from far, but far from good. Now, before you start

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<v Speaker 4>calling me a chauvin as, first of all, it wasn't me,

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<v Speaker 4>it was him, And then of course it could have

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<v Speaker 4>been a woman saying about a man, So give me

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<v Speaker 4>a break. The point is, how often does the reality

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<v Speaker 4>live up to the promise? I could tell you not

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<v Speaker 4>often enough. People are often wrong, but they're never in doubt.

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<v Speaker 4>How often does one phone call solve your problem of

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<v Speaker 4>the day. Used to be you made an appointment, and

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<v Speaker 4>you had an appointment. Now this follow up emails, follow

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<v Speaker 4>up reminders, the threat of canceling on time, the threat

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<v Speaker 4>of getting charged if you don't show up. Now, don't

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<v Speaker 4>get me wrong, I'm not complaining about this or anything.

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<v Speaker 4>I think it's a good thing. But then you get

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<v Speaker 4>to the doctor's office, after all of that, and you

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<v Speaker 4>wait for an hour good from far but far from good,

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<v Speaker 4>waiting for your haircut, your nails, ladies, after all of that,

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<v Speaker 4>not good tonight, she they him them It looks good

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<v Speaker 4>from far, but it's far from good. A throwback to

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<v Speaker 4>my early years. Now joining me, he who looks good

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<v Speaker 4>from far but even better up close. The lawyer on

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<v Speaker 4>my show, My co host my son Jesse Weber. And

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<v Speaker 4>by the way, Jesse, the camera loves you.

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<v Speaker 2>That's very very nice of you to say.

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<v Speaker 5>You know, one of the I gotta compliment once that

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<v Speaker 5>was I don't know if you consider this a backhanded compliment, but.

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<v Speaker 2>Tell me what you think of it.

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<v Speaker 5>At one point in my life, I did acting school

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<v Speaker 5>and one of the classes that I did was acting

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<v Speaker 5>on camera.

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<v Speaker 2>And every day the professor, the teacher.

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<v Speaker 5>Would film different skits and he looks at the footage

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<v Speaker 5>and he looks at me and he goes, you know,

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<v Speaker 5>you're one of those rare people. You look so much

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<v Speaker 5>better on camera than you do in person.

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<v Speaker 4>Oh great, life, you don't look good. It's a banded compliment.

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<v Speaker 2>I go, thank you. He goes, it's in this career,

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<v Speaker 2>it's better to be that way.

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<v Speaker 3>Yeah.

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<v Speaker 4>I was like, all right, for acting school, not for life. Good.

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<v Speaker 5>Yeah, well, oh, thank you, very very kind of you

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<v Speaker 5>to say thank you, But you know, putting the looks aside.

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<v Speaker 2>But I like that I'm getting credibility.

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<v Speaker 5>Over the last few years, I built up credibility in

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<v Speaker 5>the legal space, the political space that I'm able to

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<v Speaker 5>break down these complex topics.

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<v Speaker 2>And by the way, I.

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<v Speaker 5>Will tell you that it's not only kind comments I'm

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<v Speaker 5>getting from people online, and I also get some hate

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<v Speaker 5>mail too.

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<v Speaker 2>Let's call it what it is. But I can't reveal who.

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<v Speaker 5>But I have been having very well notable people, celebrities

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<v Speaker 5>in fact, reaching out talking about my coverage and actually,

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<v Speaker 5>in one instance, a celebrity I won't tell you wanted

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<v Speaker 5>me to cover one of their cases. And it's incredible

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<v Speaker 5>that people who I know and admire and have watched

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<v Speaker 5>and love for years apparently are watching my content now

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<v Speaker 5>reaching out. It's a very surreal experience. You said it

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<v Speaker 5>to me once before. I think when we were first

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<v Speaker 5>starting out in radio, you never know who's listening, You

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<v Speaker 5>never know who's watching. You really don't, and so you

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<v Speaker 5>always have to give one hundred and ten percent. And

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<v Speaker 5>by the way, by the way, Joe Rogan, if you

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<v Speaker 5>ever listened to Joe Rogan when he first started, nobody

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<v Speaker 5>was watching him.

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<v Speaker 2>Nobody was watching him.

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<v Speaker 5>But because he put in the effort, because he created

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<v Speaker 5>an enjoyable show, he got a following and it built up,

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<v Speaker 5>and it built up and it built up. So whatever

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<v Speaker 5>you do, you have to put in the effort, even

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<v Speaker 5>if you think that you're not getting the return that

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<v Speaker 5>you want to meet.

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<v Speaker 4>Well, Joe Rogan is a funny guy. I never knew

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<v Speaker 4>he's a comedian until you took me to one of

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<v Speaker 4>his concerts in Vegas. But I didn't realize how smart

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<v Speaker 4>he is. He's very articulate, and he's very knowledgeable on

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<v Speaker 4>a lot of subjects and certainly has a point of view.

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<v Speaker 4>So he deserves it. But you know me, I was

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<v Speaker 4>back in Bloomingdale's and I got an update for you

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<v Speaker 4>of my obnoxious you know.

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<v Speaker 2>Can you explain that? Can you explain what happened? So

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<v Speaker 2>everybody remembers, Yeah.

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<v Speaker 4>I went into Bloomingdale's a couple of weeks ago and

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<v Speaker 4>I was paying for something and the guy looks up

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<v Speaker 4>at me and he says, are you Mark Weber? I said, yeah,

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<v Speaker 4>I just gave you my credit card. He says, no,

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<v Speaker 4>are you Mark Weber? From the radio And I'm looking around.

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<v Speaker 4>What is this candid camera? Someone has taken a picture.

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<v Speaker 4>I said, yeah, that's me. I knew it from your

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<v Speaker 4>name and I heard your voice. My family, we love you.

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<v Speaker 4>We listened to you every Saturday night at seven o'clock live.

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<v Speaker 4>It's amazing. We think you great. So it just so happened.

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<v Speaker 4>When I bought, I had to bring back. So I

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<v Speaker 4>went back the next day and I brought it back

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<v Speaker 4>and he said, I told my wife that I met you.

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<v Speaker 4>She was so excited. And he shows me the email.

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<v Speaker 4>He says, let me show you what she wrote me,

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<v Speaker 4>and the email says, is he obnoxious? I still haven't

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<v Speaker 4>gotten over it. So anyway, I'm back in Bloomy Dale's.

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<v Speaker 4>I waved to the guy. He sees you come running

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<v Speaker 4>down the hole to see me, and he says, man,

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<v Speaker 4>oh man, I've listened to your show. You were talking

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<v Speaker 4>about innoxious. You took it the wrong way. We love you.

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<v Speaker 4>We don't think you're obnoxious that hey, you know. You

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<v Speaker 4>show me an email and the only thing it says

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<v Speaker 4>is you're asking if obnoxious. Well, my wife she thinks

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<v Speaker 4>all celebrities innoxious. We love you.

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<v Speaker 2>So anyway you are.

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<v Speaker 5>You are such a baby. You are such a baby

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<v Speaker 5>that you needed this. I'm glad the guy said something

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<v Speaker 5>to him. Glad he tried to calm things down. By

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<v Speaker 5>the way, By the way, talking of this, it kind

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<v Speaker 5>of relates to something else.

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<v Speaker 2>I am starting a new show.

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<v Speaker 5>I'm starting a new show where I call out celebrity,

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<v Speaker 5>mostly politicians, people in media, not that they're necessarily babies,

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<v Speaker 5>but I call him out for things that they say

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<v Speaker 5>and do it. So I'm glad that you got called

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<v Speaker 5>out for things that you say and do. It's a

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<v Speaker 5>show that I'm starting with another one of Dan Abram's companies.

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<v Speaker 5>It's called Mediaite. So the show is currently called The

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<v Speaker 5>Spin Room and it's gonna be on YouTube.

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<v Speaker 2>But this is it.

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<v Speaker 5>It's you would be a prime candidate. I would have

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<v Speaker 5>loved to cover this. You talking out about this, and

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<v Speaker 5>I would have loved to cover it on our first episode.

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<v Speaker 4>It's not too late to do it. Meanwhile, I too

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<v Speaker 4>have a new show called The Ceo Exchange if we

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<v Speaker 4>ever get the deal signed. It's gonna be on Saturdays

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<v Speaker 4>and one to two where I interview CEOs. In fact,

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<v Speaker 4>my next CEO is the chairman of SAX Global, the

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<v Speaker 4>guy who just bought Neiman Marcus and bergdoff Goodman's and

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<v Speaker 4>put it together with Sachs. So we got a lot

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<v Speaker 4>going on in that. Yeah, but you're the big shot.

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<v Speaker 5>I'm just why I'm not interviewing the head of SACK

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<v Speaker 5>So you didn't really, It's funny.

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<v Speaker 2>For the first interview, that's a that's a big get.

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<v Speaker 4>Well, actually the second interview. The first interview you remember

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<v Speaker 4>was a fellow named Jamie Salter, the CEO of Aumhantic

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<v Speaker 4>Brands that owns thirty billion dollars worth of company. And

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<v Speaker 4>it was a very articulate guy, and I thought he

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<v Speaker 4>handled himself well. But the concept of my show is

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<v Speaker 4>me a CEO talking to another CEO, Mono Tomano, with

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<v Speaker 4>a different perspective than any other pundit might have because

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<v Speaker 4>they don't really run businesses.

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<v Speaker 2>So that was a great interview. That was a great

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<v Speaker 2>first episode of the show. With the one with Tom Well,

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<v Speaker 2>it was.

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<v Speaker 4>Great because he was so articulate because he was able

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<v Speaker 4>to talk about his business. He didn't need much prompting

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<v Speaker 4>and we have a history together, so it's nice. But

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<v Speaker 4>back to being called obnoxious, I don't like it. I'm

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<v Speaker 4>getting over it. To my friends in Bloomingdales, I'm forgiving you.

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<v Speaker 4>You know, you tried to make right. But either way

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<v Speaker 4>I would tell you that I think being vulnerable never

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<v Speaker 4>goes out of style, particularly when you're on the border

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<v Speaker 4>of taking a stand. You know, when we stand up

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<v Speaker 4>and we give our opinions. We're taking a stand, and

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<v Speaker 4>in my case, I'm demanding new ways of doing things,

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<v Speaker 4>which is another way of saying change. I'm offering help.

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<v Speaker 4>It's upfront and personal. But you have to look who's

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<v Speaker 4>changing change more than the president. President Trump is leading

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<v Speaker 4>massive government changes and taking heat. And the question I

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<v Speaker 4>ask on tonight does he look good from far? But

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<v Speaker 4>he's far from good. Let's break it down, Jesse with

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<v Speaker 4>some common sense, because cons common well, on that we

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<v Speaker 4>agree Trump. I want to talk about Trump. Trump is

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<v Speaker 4>one of the world's great communicators. He sells everything. He

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<v Speaker 4>sells everything. Certainly, he's the best politician communicator that I

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<v Speaker 4>think I've ever heard. He's always selling Maga hats, sold

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<v Speaker 4>millions of them, Trump Golden Sneakers, I don't know how

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<v Speaker 4>many sold. He even sells Trump time and watches. But

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<v Speaker 4>now he's selling change. He's changing America into the Golden

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<v Speaker 4>Age of America. The issue is Trump is selling Trump change.

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<v Speaker 4>The question is he's selling are we buying it? Now?

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<v Speaker 4>Before we get started here, let me get this out

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<v Speaker 4>of the way. The Democrats shamefully, embarrassingly, stupidly a buying nothing.

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<v Speaker 4>He's offering The majority of Americans are ready for change.

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<v Speaker 4>What's for sale under President Trump? I gotta admit it

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<v Speaker 4>looks good from far, but I'm questioning whether it's far

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<v Speaker 4>from good. So let's you and me, Jess take a

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<v Speaker 4>few of them apart for a second, because I guess,

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<v Speaker 4>let's see where we are the war. Is he doing right?

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<v Speaker 4>Does he look good? And is it far from good?

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<v Speaker 4>Or is great?

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<v Speaker 2>Difficult to say.

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<v Speaker 5>If he can create a lasting ceasefire, how could you

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<v Speaker 5>say it's not a good thing. Some people will say, well,

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<v Speaker 5>you know, in the long run, is it a good thing?

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<v Speaker 5>I don't have the answer. But if he could put an.

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<v Speaker 2>End to the violence immediately, how could you say it's

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<v Speaker 2>a bad thing.

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<v Speaker 4>I'm with you. I would make it very simple. His

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<v Speaker 4>position on the war from day one has been the same.

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<v Speaker 4>People are dying. I don't want to see people dying.

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<v Speaker 4>They're dying needlessly. This war will not end perfect. Russia's

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<v Speaker 4>not going to go away. It's not a question that

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<v Speaker 4>Russia did wrong. You want to think that Russia did wrong, great,

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<v Speaker 4>you believe Russia did wrong. Great, did Russia do wrong?

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<v Speaker 4>It's not for me to say. It's not for me

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<v Speaker 4>to say. I don't want to talk about that. What

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<v Speaker 4>I want to talk about is an ending. He's the

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<v Speaker 4>only one in two years that's talked about a ceasefile.

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<v Speaker 4>Enough is enough. There's got to be some compromise to

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<v Speaker 4>end this thing. So from a far or from up close,

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<v Speaker 4>I give Trump a ten for trying to get it done.

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<v Speaker 4>Now vers Selenski behaved, bought properly, and now Russia's behaving improperly.

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<v Speaker 4>We got to get them both back on track. Stop

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<v Speaker 4>the killing. It is devastating. Let's go to number two.

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<v Speaker 4>Immigration good from far, but far from good.

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<v Speaker 5>What do you say, Jesse, If you look at the numbers,

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<v Speaker 5>if you look at the way I understand it, the

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<v Speaker 5>US Border Patrol arrested a lot less migrants than it

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<v Speaker 5>has in the past. I think in February it was

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<v Speaker 5>a lot lower than it had been. I mean, I'm

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<v Speaker 5>looking at this from Reuters, right.

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<v Speaker 2>So the Border.

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<v Speaker 5>Patrol's monthly enforcement stats, they go back to two thousand.

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<v Speaker 5>The lowest monthly total on record previously was April twenty seventeen.

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<v Speaker 5>They rested a little over eleven thousand they arrested in

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<v Speaker 5>February after Trump took over eighty three hundred. So there's

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<v Speaker 5>less people that they need to arrest. And then then

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<v Speaker 5>if you look at the migrant arrest, it was a

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<v Speaker 5>steep drop from over one hundred and forty one thousand

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<v Speaker 5>migrants they picked up in February of twenty twenty four.

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<v Speaker 5>Now it's much different now, so it seems to be effective.

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<v Speaker 4>Yeah, I think he's doing a great job. I think

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<v Speaker 4>the world is seeing the borders being closed and it's

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<v Speaker 4>almost down to a trickle. So you got to give

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<v Speaker 4>him a lot of credit for that. And on top

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<v Speaker 4>of which, the Biden administration was doing nothing. The borders

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<v Speaker 4>were poorous, they were open, nobody cared. So the building

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<v Speaker 4>the wall, the stopping at the giving ice, the giving

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<v Speaker 4>the head of Homeland Security the power to enforce a

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<v Speaker 4>sport of laws. I think it's great. So I think

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<v Speaker 4>good from far, but it's good up close as well.

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<v Speaker 4>And then of course let's go number three. Doge what

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<v Speaker 4>does those stand for?

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<v Speaker 2>Department of Government Efficiency?

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<v Speaker 4>Uh?

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<v Speaker 3>Huh?

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<v Speaker 4>What do you think?

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<v Speaker 5>I think the spirit in the goal is right to

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<v Speaker 5>try to cut down on fraud, waste, and abuse, which

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<v Speaker 5>mostly seems more if you hear elon Musk, is mostly

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<v Speaker 5>waste than it is fraud.

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<v Speaker 2>I think the goal is great.

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<v Speaker 5>The way they're going about it, how quickly they're going

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<v Speaker 5>about it, the legal mechanisms, their way they're going about it, obviously,

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<v Speaker 5>I think is a concern. They might need a little

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<v Speaker 5>bit more transparency and a little more clarification on what

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<v Speaker 5>they're doing. To be clear, it's not like Dozeho's doing

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<v Speaker 5>it on itself. They're providing recommendations and then the Trump

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<v Speaker 5>administration is doing it again. Question about how they do it.

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<v Speaker 5>I think the spirit of it is the right way

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<v Speaker 5>the biggest concern, And this is one of those things

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<v Speaker 5>time will tell you. Hope they're not cutting things and

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<v Speaker 5>doing and taking initiatives that are going to negatively affect

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<v Speaker 5>the country moving forward. He won't know that maybe until

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<v Speaker 5>time will tell you. Don't want to be like, oh,

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<v Speaker 5>all these people were let go when they provide a

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<v Speaker 5>really important service to the country. But as of right now,

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<v Speaker 5>things they're uncovering are definitely a sign of waste that

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<v Speaker 5>needed to be cut.

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<v Speaker 2>And why wasn't a cut in the past. That's a

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<v Speaker 2>good question.

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<v Speaker 4>Well, first thing you said was about the speed. I

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<v Speaker 4>can't imagine why they would go slow. I think it's

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<v Speaker 4>amazing what they're uncovering. I think they're doing a great job.

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<v Speaker 4>I know he's afraid of the fraud. I mean, Eli

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<v Speaker 4>Musk even said he's going to be assassinated if he

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<v Speaker 4>keeps going on the fraud component, which is scary to

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<v Speaker 4>think about. He's one of the world's smartest individuals. A

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<v Speaker 4>year ago, two years ago, he was the darling of

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<v Speaker 4>the world, the darling of the Democrats. He was great,

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<v Speaker 4>and now he's hated for doing a job, by the way,

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<v Speaker 4>which all he could do is recommend. He has and

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<v Speaker 4>has been serving at the desire of the president. He

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<v Speaker 4>has no power except to do what he offers up.

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<v Speaker 4>He's finding, so I think they're doing an amazing job

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<v Speaker 4>of unculavering nonsense. I can tell you any company that

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<v Speaker 4>I've ever gotten involved with, any company I've ever acquired,

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<v Speaker 4>any company I've involved with merging, any company that ever

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<v Speaker 4>went in in a new position. I have thirty positions

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<v Speaker 4>in my first twenty five years at PVH. So there's

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<v Speaker 4>always change. There's always room for your structure, always places

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<v Speaker 4>to save money. Sometimes it was people, sometimes it's the

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<v Speaker 4>way you spend money. So I don't want to waste

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<v Speaker 4>any time. And if it looks like it's coming fast

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<v Speaker 4>and furious, so be it. This is about change. John

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<v Speaker 4>Kennedy said, you can't stub your toes standing still. We

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<v Speaker 4>all know you can't make an obilet without breaking some eggs.

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<v Speaker 4>So they're making it complicated. There's a lot to deal with,

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<v Speaker 4>so many things to uncover. Why throw away money? I

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<v Speaker 4>live by. I don't mind spending money, but I hate

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<v Speaker 4>wasting it. And there's a lot of waste in this government,

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<v Speaker 4>and it's time for it to stop. And I love it.

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<v Speaker 4>I give them big, big marks. For example, they offered

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<v Speaker 4>the work force the government worked for us pretty much.

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<v Speaker 4>Anyone quit your job will pay you seventy thousand dollars.

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<v Speaker 4>You remember that test, oh I do?

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<v Speaker 2>I do remember that.

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<v Speaker 4>We have no idea how many people took it. We

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<v Speaker 4>have no idea if it was successful. We don't now

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<v Speaker 4>have any idea if they're going to do it again

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<v Speaker 4>or offer more money, so that bothers me. I'd like

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<v Speaker 4>to know. And then the question is how many agencies

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<v Speaker 4>have been closed, which one, how many people, how many

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<v Speaker 4>people will put out of work? And then of course

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<v Speaker 4>how much money we're going to save and less, but

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<v Speaker 4>not at least on this subject, I'm not saying slow

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<v Speaker 4>it down. I'm not saying do anything different. What are

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<v Speaker 4>the unintended consequences with masses and the number of people

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<v Speaker 4>put out of work? They're talked that a lot of

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<v Speaker 4>veterans went into government after serving, should they be let go?

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<v Speaker 4>I don't think so. Anyone who served this country in

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<v Speaker 4>the military should be able to work for the country,

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<v Speaker 4>and therefore, maybe they have to be reassigned, maybe they

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<v Speaker 4>have to be looked at, maybe they have to be

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<v Speaker 4>handled specially. I know, once you say that, then those

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<v Speaker 4>other people who should be considered. I know, But when

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<v Speaker 4>it comes to the military, I feel different than anything else.

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<v Speaker 4>But the things that those are doing, I got to

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<v Speaker 4>give them very, very high marks. Which then brings me

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<v Speaker 4>to tariffs and the question of whether in the tariffs

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<v Speaker 4>are working. There's a lot of market and certainty. I

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<v Speaker 4>can tell you the retail and fashion luxury community are

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<v Speaker 4>really struggling, really struggling. But I want to hold that

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<v Speaker 4>off for a minute. I have a clip from a

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<v Speaker 4>speech that Ronald Reagan made back in the day on tariffs.

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<v Speaker 3>At first, when someone says let's impose tariffs on foreign imports,

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<v Speaker 3>it looks like they're doing the patriotic thing by protecting

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<v Speaker 3>American products and jobs, and sometimes for a short while

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<v Speaker 3>it works, but only for a short time. What eventually

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<v Speaker 3>occurs is first homegrown industry start relying on government protection

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<v Speaker 3>in the form of high tariffs. They stop competing and

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<v Speaker 3>stop making the innovative management and technological changes they need

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<v Speaker 3>to succeed in world markets. And then while all this

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<v Speaker 3>is going on, something even worse occurs. High tariffs inevitably

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<v Speaker 3>lead to retaliation by foreign countries and the triggering of

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<v Speaker 3>fierce trade wars. The result is more and more tariffs,

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<v Speaker 3>higher and higher trade barriers, and less and less competition.

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<v Speaker 3>So soon, because of the prices made artificially high by

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<v Speaker 3>tariffs that subsidize inefficiency and poor management, people stop buying.

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<v Speaker 3>Then the worst happens. Market shrink and collapse, businesses and

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<v Speaker 3>industry shut down, and millions of people lose their jobs.

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<v Speaker 3>The memory of all this occurring back in the thirties

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<v Speaker 3>made me determined when I came to Washington to spare

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<v Speaker 3>the American people the protectionist legislation that destroys prosperity.

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<v Speaker 4>So to put things in perspective, right now, you've now

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<v Speaker 4>heard Ronald Reagan talk about the issues of tariffs and

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<v Speaker 4>the pitfalls. Tonight we're discussing things are good from far,

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<v Speaker 4>but are they far from good or are they doing well?

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<v Speaker 4>I want to take a moment, We'll have a break,

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<v Speaker 4>we'll come back, and I want to talk to you

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<v Speaker 4>about tariffs in detail.

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<v Speaker 2>Always in fashion spent.

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<v Speaker 4>A lifetime of my career building the van Usen brand,

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<v Speaker 4>and I am so pleased that they're back with us

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<v Speaker 4>now talking about suits. Men were dressing up again and

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<v Speaker 4>it's become cool to wear a suit. Suits can be

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<v Speaker 4>won on multiple occasions, in multiple ways. You could wear

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<v Speaker 4>a suit formally to go out at night or to

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<v Speaker 4>an event, wear a suit to the office with or

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<v Speaker 4>without a tie. If you look closely, now fashion trends,

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<v Speaker 4>suits are being worn with turtlenecks or mark next. The

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<v Speaker 4>choices are endless and every one of them looks right.

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<v Speaker 4>You could really really look the part. I believe that

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<v Speaker 4>packaging yourself is as important does the products you package,

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<v Speaker 4>and wearing a suit is one of those things that

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<v Speaker 4>make men look their best. Venuesing invented a new idea.

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<v Speaker 4>It's called the cool flex suit. It's been engineered with

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<v Speaker 4>stretch technology, giving you the most comfortable fit and mobility.

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<v Speaker 4>It's wrinkle resistant fabric, it's cool moisture wiki. It makes

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<v Speaker 4>it perfect for all occasions. As we discussed just now,

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<v Speaker 4>this new style of looking sharp while feeling cool and

420
00:21:23.519 --> 00:21:27.039
<v Speaker 4>comfortable is amazing and I'm so excited that the van

421
00:21:27.160 --> 00:21:31.119
<v Speaker 4>using company is involved in this new technology and is

422
00:21:31.200 --> 00:21:34.920
<v Speaker 4>embracing the whole idea of dressing up. Let's not forget

423
00:21:35.000 --> 00:21:37.720
<v Speaker 4>venues and made its name with dress shirts. It's only

424
00:21:37.880 --> 00:21:41.480
<v Speaker 4>proper that the suit business follows strongly in its way.

425
00:21:41.839 --> 00:21:44.920
<v Speaker 4>You can find Vanues in cool flex men's stretch suits

426
00:21:44.960 --> 00:21:50.279
<v Speaker 4>at jcpenny are online at jcpenny dot com. Guys, they're great,

427
00:21:50.359 --> 00:21:53.519
<v Speaker 4>you should go look at them. Dona Karen began a

428
00:21:53.599 --> 00:21:58.440
<v Speaker 4>career is one of the finest, most successful, powerful women

429
00:21:58.960 --> 00:22:02.480
<v Speaker 4>in the fashion industry. She developed a collection aimed at

430
00:22:02.519 --> 00:22:05.480
<v Speaker 4>the luxury market for women on the go, women who

431
00:22:05.559 --> 00:22:08.759
<v Speaker 4>were powerful in their workplace, women who had lives that

432
00:22:08.880 --> 00:22:12.240
<v Speaker 4>extended beyond the workplace, and her clothes went from day

433
00:22:12.240 --> 00:22:16.839
<v Speaker 4>and tonight. An extraordinary collection. But the interesting thing Donna

434
00:22:16.880 --> 00:22:18.920
<v Speaker 4>Karen had a young daughter, and she had friends and

435
00:22:18.960 --> 00:22:21.920
<v Speaker 4>they couldn't afford to buy the Donna Karen collection, and

436
00:22:21.960 --> 00:22:25.920
<v Speaker 4>Donna invented dk NY Donna Aaron, New York. It's an

437
00:22:25.960 --> 00:22:29.400
<v Speaker 4>offshoot of the Donna Karen collection, the same concept a

438
00:22:29.440 --> 00:22:32.160
<v Speaker 4>lifestyle brand. Then we talk about lifestyle brands. What does

439
00:22:32.200 --> 00:22:35.240
<v Speaker 4>that really mean? Simply what they say, there are brands

440
00:22:35.279 --> 00:22:38.279
<v Speaker 4>that follow you throughout your lifestyle. You get up in

441
00:22:38.319 --> 00:22:40.720
<v Speaker 4>the morning, you start to get dressed Donna Karen decan

442
00:22:40.799 --> 00:22:44.440
<v Speaker 4>why as intimate apparel, as hosiery, as all those products.

443
00:22:44.880 --> 00:22:48.559
<v Speaker 4>You're getting dressed for work. You get accessorized shoes, handbags,

444
00:22:48.680 --> 00:22:51.240
<v Speaker 4>and it takes you through the day. The remarkable thing

445
00:22:51.279 --> 00:22:54.519
<v Speaker 4>about DK andy clothes for work, they work into the evening.

446
00:22:54.920 --> 00:22:59.160
<v Speaker 4>The dresses, the suits, the pants, the sweaters, the blouses,

447
00:22:59.319 --> 00:23:04.480
<v Speaker 4>extraordinary clothes at affordable prices that go from day in tonight.

448
00:23:04.839 --> 00:23:07.599
<v Speaker 4>Part of your lifestyle is active. You have weekends, you

449
00:23:07.599 --> 00:23:12.240
<v Speaker 4>have events, you participate in sports. Donna Karen's casual clothes

450
00:23:12.440 --> 00:23:15.599
<v Speaker 4>did that under the DK and Y label. A vast

451
00:23:15.680 --> 00:23:20.039
<v Speaker 4>array of casual sportswear that make women look great as

452
00:23:20.079 --> 00:23:23.799
<v Speaker 4>they navigate their busy lives. Whether you're going to soccer

453
00:23:23.839 --> 00:23:26.200
<v Speaker 4>games for your children, or whether you're going out to

454
00:23:26.279 --> 00:23:30.519
<v Speaker 4>the movies, whatever you want to do. DK and Y Jeans,

455
00:23:30.720 --> 00:23:33.799
<v Speaker 4>DK and Y Sportswear is there for you. That's what

456
00:23:33.920 --> 00:23:38.039
<v Speaker 4>a lifestyle brand is. And I need to mention DKY

457
00:23:38.119 --> 00:23:42.359
<v Speaker 4>active Wear, which is extraordinary, the leggings, the sports bras,

458
00:23:42.559 --> 00:23:47.599
<v Speaker 4>the sweats. You can wear DKY active Wear, certainly in

459
00:23:47.680 --> 00:23:50.359
<v Speaker 4>the gym, certainly when you're working out at home, and

460
00:23:50.480 --> 00:23:53.400
<v Speaker 4>certainly if you want on the street because it's that

461
00:23:53.640 --> 00:23:56.319
<v Speaker 4>well done. The quality of DK why is nothing short

462
00:23:56.359 --> 00:23:59.240
<v Speaker 4>of exceptional. And why shouldn't it be because it was

463
00:23:59.279 --> 00:24:03.599
<v Speaker 4>born from the idea of luxury made affordable for women

464
00:24:03.759 --> 00:24:08.119
<v Speaker 4>of America. DK and Why a true lifestyle brand that

465
00:24:08.240 --> 00:24:11.279
<v Speaker 4>takes you from day and tonight, from the week into

466
00:24:11.319 --> 00:24:15.559
<v Speaker 4>the weekend. DCN Why You can find DCN Why and

467
00:24:15.720 --> 00:24:18.960
<v Speaker 4>Macy's DKY dot com.

468
00:24:19.119 --> 00:24:23.319
<v Speaker 2>Welcome back to Always in Fashion. Here's your host, Mark Webber.

469
00:24:24.279 --> 00:24:26.240
<v Speaker 4>When I was a teenager, a friend of mine went

470
00:24:26.279 --> 00:24:28.599
<v Speaker 4>out on a date. He had a picture of this girl.

471
00:24:28.640 --> 00:24:30.599
<v Speaker 4>It was kind of like a blind date. It's profile

472
00:24:30.680 --> 00:24:33.640
<v Speaker 4>on the internet. And I asked him the next day

473
00:24:33.759 --> 00:24:36.640
<v Speaker 4>whether she was as cute as she was in her photo,

474
00:24:37.240 --> 00:24:38.960
<v Speaker 4>and he looked at me and he said something I

475
00:24:39.000 --> 00:24:41.759
<v Speaker 4>never forgot all these years later. She was good from

476
00:24:41.799 --> 00:24:46.920
<v Speaker 4>far but far from good. Now, ladies, don't get mad

477
00:24:46.960 --> 00:24:48.720
<v Speaker 4>at me. You could have been you saying it about

478
00:24:48.720 --> 00:24:51.759
<v Speaker 4>a man. So let's be an equal opportunity offender here.

479
00:24:51.960 --> 00:24:54.000
<v Speaker 4>And I'm probably not finished offending tonight.

480
00:24:54.240 --> 00:24:56.599
<v Speaker 5>Oh, don't worry, you'll I'm sure more people will think

481
00:24:56.599 --> 00:24:58.519
<v Speaker 5>you're obnoxious by the end of this.

482
00:24:58.599 --> 00:24:59.359
<v Speaker 2>Don't worry you'll.

483
00:24:59.200 --> 00:25:01.799
<v Speaker 5>Get more comments about that. Hey, listen, I got to run.

484
00:25:01.880 --> 00:25:03.559
<v Speaker 5>I gotta go do a show tonight.

485
00:25:03.400 --> 00:25:04.480
<v Speaker 2>So it's fun.

486
00:25:05.799 --> 00:25:06.079
<v Speaker 4>I know.

487
00:25:06.160 --> 00:25:07.640
<v Speaker 2>I'm sorry I'm not on the show more.

488
00:25:08.559 --> 00:25:10.880
<v Speaker 5>I feel bad, but I love being able to do

489
00:25:10.920 --> 00:25:12.440
<v Speaker 5>it as much as I can with you. So sorry,

490
00:25:12.440 --> 00:25:14.160
<v Speaker 5>I have to run, but have a good rest of

491
00:25:14.160 --> 00:25:14.440
<v Speaker 5>the show.

492
00:25:14.480 --> 00:25:17.319
<v Speaker 4>Okay, Yeah, thank you, thank you, thank you. Talk to

493
00:25:17.400 --> 00:25:20.119
<v Speaker 4>you later. Okay, everyone out there, if you're tuning in,

494
00:25:20.400 --> 00:25:23.279
<v Speaker 4>I want to talk about tariffs, whether or not they're

495
00:25:23.319 --> 00:25:27.319
<v Speaker 4>working or not. I played a clip before of Ronald

496
00:25:27.359 --> 00:25:29.640
<v Speaker 4>Reagan when he was pressing talk about tariffs. Let me

497
00:25:29.640 --> 00:25:30.240
<v Speaker 4>play it again.

498
00:25:30.519 --> 00:25:34.240
<v Speaker 3>At first, when someone says let's impose tariffs on foreign imports,

499
00:25:34.720 --> 00:25:37.720
<v Speaker 3>it looks like they're doing the patriotic thing by protecting

500
00:25:37.759 --> 00:25:42.200
<v Speaker 3>American products and jobs, and sometimes for a short while

501
00:25:42.279 --> 00:25:45.880
<v Speaker 3>it works. But only for a short time. What eventually

502
00:25:45.920 --> 00:25:50.519
<v Speaker 3>occurs is first homegrown industry start relying on government protection

503
00:25:50.599 --> 00:25:53.960
<v Speaker 3>in the form of high tariffs. They stop competing and

504
00:25:54.039 --> 00:25:57.920
<v Speaker 3>stop making the innovative management and technological changes they need

505
00:25:58.279 --> 00:26:01.319
<v Speaker 3>to succeed in world markets. And then while all this

506
00:26:01.480 --> 00:26:05.799
<v Speaker 3>is going on, something even worse occurs. High tariffs inevitably

507
00:26:05.880 --> 00:26:09.440
<v Speaker 3>lead to retaliation by foreign countries and the triggering of

508
00:26:09.480 --> 00:26:12.799
<v Speaker 3>fierce trade wars. The result is more and more tariffs,

509
00:26:13.160 --> 00:26:16.200
<v Speaker 3>higher and higher trade barriers, and less and less competition.

510
00:26:16.839 --> 00:26:19.720
<v Speaker 3>So soon, because of the price is made artificially high

511
00:26:19.720 --> 00:26:24.440
<v Speaker 3>by tariffs that subsidize inefficiency and poor management, people stop buying.

512
00:26:25.079 --> 00:26:28.640
<v Speaker 3>Then the worst happens. Market shrink and collapse, businesses and

513
00:26:28.680 --> 00:26:32.319
<v Speaker 3>industry shut down, and millions of people lose their jobs.

514
00:26:32.960 --> 00:26:35.359
<v Speaker 3>The memory of all this occurring back in the thirties

515
00:26:35.359 --> 00:26:38.200
<v Speaker 3>made me determined when I came to Washington to spare

516
00:26:38.240 --> 00:26:42.759
<v Speaker 3>the American people the protectionist legislation that destroys prosperity.

517
00:26:42.960 --> 00:26:47.400
<v Speaker 4>Ronald Reagan made some very interesting points, and Donald Trump

518
00:26:47.799 --> 00:26:52.640
<v Speaker 4>has made some very interesting points about tariffs. But now

519
00:26:52.680 --> 00:26:55.240
<v Speaker 4>we're in it, and it's starting to look like serious

520
00:26:55.319 --> 00:26:58.599
<v Speaker 4>trade war where there's a lot of reciprocal behaving. No

521
00:26:58.640 --> 00:27:02.640
<v Speaker 4>one's backing down. I never expected President she to back down.

522
00:27:02.799 --> 00:27:06.319
<v Speaker 4>He's toughest nails. That guy from China, that premiere president

523
00:27:06.319 --> 00:27:08.680
<v Speaker 4>of China, he's the real deal. But he can be

524
00:27:08.759 --> 00:27:12.039
<v Speaker 4>reasoned with. And that's what Trump is saying he's hoping for.

525
00:27:12.480 --> 00:27:14.160
<v Speaker 4>And I'll come back to that in a minute. The

526
00:27:14.160 --> 00:27:16.480
<v Speaker 4>guy from Canada, new president, he got to show himself

527
00:27:16.480 --> 00:27:18.839
<v Speaker 4>as a big shot. Don't you threaten me? And by

528
00:27:18.920 --> 00:27:22.519
<v Speaker 4>the way, when fifty percent of our oil and gas

529
00:27:22.599 --> 00:27:25.880
<v Speaker 4>come from Canada, you better be careful who you're pushing

530
00:27:25.880 --> 00:27:28.319
<v Speaker 4>and bullying. And once again, there needs to be reason

531
00:27:28.519 --> 00:27:31.839
<v Speaker 4>in tariff. The idea of talking to Mexico and Canada

532
00:27:31.920 --> 00:27:34.279
<v Speaker 4>about threatening him over the fent and ol that's coming

533
00:27:34.279 --> 00:27:38.720
<v Speaker 4>into this country, good plan, good dialogue, How we gonna

534
00:27:38.720 --> 00:27:41.480
<v Speaker 4>stop it, what needs to be done? All well and good,

535
00:27:41.519 --> 00:27:45.880
<v Speaker 4>But the question of tariffs basically come down to the

536
00:27:46.039 --> 00:27:51.240
<v Speaker 4>history of tariffs. They were always about protecting American industry.

537
00:27:51.920 --> 00:27:54.519
<v Speaker 4>Now here's where I'm at. And if you listen to

538
00:27:54.559 --> 00:27:57.160
<v Speaker 4>the show, I've mentioned this before, and I want to

539
00:27:57.240 --> 00:27:59.960
<v Speaker 4>come back to tariffs in this way. First I'll tell

540
00:28:00.000 --> 00:28:04.279
<v Speaker 4>tell you that when you protect American industry. You are

541
00:28:04.359 --> 00:28:07.240
<v Speaker 4>to be protecting it for a good reason. If you're

542
00:28:07.279 --> 00:28:10.319
<v Speaker 4>going to put tariffs on apparel and all the products

543
00:28:10.319 --> 00:28:13.759
<v Speaker 4>coming in from China. T shirts that are nine ninety nine,

544
00:28:14.279 --> 00:28:17.200
<v Speaker 4>Polo shirts that are nineteen ninety nine in the discount

545
00:28:17.279 --> 00:28:20.640
<v Speaker 4>price points, pants that are twenty nine ninety nine, you

546
00:28:20.759 --> 00:28:23.480
<v Speaker 4>better have ability to make them here in this country.

547
00:28:23.880 --> 00:28:28.279
<v Speaker 4>I can tell you right now, with minimal exception minimal,

548
00:28:28.880 --> 00:28:31.839
<v Speaker 4>you can't afford to manufacture those products here and make

549
00:28:31.880 --> 00:28:36.559
<v Speaker 4>them at those prices. We just can't compete. It just

550
00:28:36.640 --> 00:28:40.119
<v Speaker 4>can't compete. Look, when it first came out that there

551
00:28:40.160 --> 00:28:42.640
<v Speaker 4>was an after the North American Free Trade Agreement, what

552
00:28:42.680 --> 00:28:45.000
<v Speaker 4>it was supposed to be treating Canada and Mexico and

553
00:28:45.039 --> 00:28:48.480
<v Speaker 4>the United States. We're supposed to be able to import

554
00:28:48.519 --> 00:28:53.599
<v Speaker 4>an export amongst ourselves, with us being able to share

555
00:28:53.599 --> 00:28:57.839
<v Speaker 4>in each other's good fortune. We would ship fabric to Mexico,

556
00:28:57.920 --> 00:29:01.039
<v Speaker 4>they would in turn make it. They in turn would

557
00:29:01.079 --> 00:29:03.559
<v Speaker 4>make the products with our fabric send it back to

558
00:29:03.599 --> 00:29:05.720
<v Speaker 4>the United States, so the textiles would make a lot

559
00:29:05.759 --> 00:29:08.079
<v Speaker 4>of sense, and the same for Canada, and on and on.

560
00:29:08.200 --> 00:29:12.240
<v Speaker 4>The truth be told, American fabric was not available to

561
00:29:12.319 --> 00:29:15.000
<v Speaker 4>make the products we had and the quantities we had,

562
00:29:15.720 --> 00:29:19.480
<v Speaker 4>it just didn't work. What also does it work is

563
00:29:19.519 --> 00:29:22.119
<v Speaker 4>America is one of the richest countries in the world,

564
00:29:22.119 --> 00:29:25.480
<v Speaker 4>if not the richest country in the world. Why because

565
00:29:25.519 --> 00:29:30.359
<v Speaker 4>our minimum wage is such that itffords families the ability

566
00:29:30.440 --> 00:29:33.920
<v Speaker 4>to live. Now, we could argue with minimum wages never enough,

567
00:29:33.960 --> 00:29:37.200
<v Speaker 4>but minimum wage was designed to give a family of

568
00:29:37.279 --> 00:29:40.279
<v Speaker 4>two or four the ability to live in this country

569
00:29:40.400 --> 00:29:44.599
<v Speaker 4>and thrive. There's always been opportunities to grow. This is

570
00:29:44.599 --> 00:29:48.920
<v Speaker 4>the land of America where there's opportunity everywhere. But between

571
00:29:49.000 --> 00:29:52.960
<v Speaker 4>minimum wage and benefits, our standard of living is higher

572
00:29:53.000 --> 00:29:56.240
<v Speaker 4>than the people we're importing from. That's just the way

573
00:29:56.279 --> 00:29:58.799
<v Speaker 4>it is. If you go to China and you look

574
00:29:58.839 --> 00:30:03.119
<v Speaker 4>at workers making a peril. The wages are so low,

575
00:30:03.359 --> 00:30:06.640
<v Speaker 4>the health benefits are so low. The government may subsidize

576
00:30:06.720 --> 00:30:09.640
<v Speaker 4>it with playing with the currency, or may provide food

577
00:30:09.680 --> 00:30:13.079
<v Speaker 4>and other benefits, but price to price, we are just

578
00:30:13.279 --> 00:30:17.079
<v Speaker 4>not competing. So if you put tariffs up protecting apparel

579
00:30:17.200 --> 00:30:19.599
<v Speaker 4>here in this United States, whether we don't have the

580
00:30:19.680 --> 00:30:24.160
<v Speaker 4>manufacturing capability, we don't have the textiles, we don't have

581
00:30:24.319 --> 00:30:28.519
<v Speaker 4>the parts because we disassemble those industries, right wrong or

582
00:30:28.519 --> 00:30:32.160
<v Speaker 4>indifferent because we're not competitive. If you're going to protect

583
00:30:32.440 --> 00:30:34.720
<v Speaker 4>what are we protecting? And there is a real question

584
00:30:34.839 --> 00:30:37.920
<v Speaker 4>mark here right now. Now, I'll come back to this

585
00:30:37.960 --> 00:30:40.759
<v Speaker 4>in a moment. I want to talk to you about unions.

586
00:30:41.039 --> 00:30:45.279
<v Speaker 4>When unions were established in this country, they were established

587
00:30:45.279 --> 00:30:48.759
<v Speaker 4>to help the individual worker. There were sweatshops, there were

588
00:30:48.799 --> 00:30:51.920
<v Speaker 4>abuses that the people that built this country in the

589
00:30:51.920 --> 00:30:56.440
<v Speaker 4>Industrial Revolution were worried about putting up buildings, putting up railroads,

590
00:30:56.599 --> 00:31:01.039
<v Speaker 4>building facilities. They weren't worried necessary at the work. An

591
00:31:01.119 --> 00:31:05.960
<v Speaker 4>individual worker in those days was treated unfairly. The unions,

592
00:31:06.119 --> 00:31:09.880
<v Speaker 4>someone had the idea of bringing collective bargaining into place

593
00:31:10.400 --> 00:31:13.920
<v Speaker 4>and bringing all these laborers together and giving them a

594
00:31:13.960 --> 00:31:17.200
<v Speaker 4>bigger voice so they could fight for themselves and improve

595
00:31:17.400 --> 00:31:21.000
<v Speaker 4>their working conditions and their lives. And at that time,

596
00:31:21.200 --> 00:31:24.319
<v Speaker 4>it worked, It helped, and it changed the world to

597
00:31:24.440 --> 00:31:29.119
<v Speaker 4>changed the United States forever. I for one, had grown

598
00:31:29.200 --> 00:31:31.759
<v Speaker 4>up in a union family. My father was a worker.

599
00:31:32.200 --> 00:31:34.960
<v Speaker 4>He worked in the printing business. My father was a

600
00:31:34.960 --> 00:31:39.400
<v Speaker 4>hard working guy. He wasn't able to negotiate for himself,

601
00:31:39.680 --> 00:31:42.359
<v Speaker 4>but he belonged to a union and he pretty much

602
00:31:42.400 --> 00:31:45.240
<v Speaker 4>had a job for life and when anything ever got

603
00:31:45.279 --> 00:31:48.279
<v Speaker 4>mechanized when he was doing type work and they put

604
00:31:48.279 --> 00:31:51.880
<v Speaker 4>it on computer. They found another job and trained him

605
00:31:52.240 --> 00:31:55.839
<v Speaker 4>in another capacity to be a worker, and he worked

606
00:31:55.880 --> 00:31:59.319
<v Speaker 4>for his entire life for the union. At one point

607
00:31:59.359 --> 00:32:02.680
<v Speaker 4>he was offered buyout, like the American people in government

608
00:32:02.759 --> 00:32:06.599
<v Speaker 4>were offered biots. My father took the buyout. I was

609
00:32:06.640 --> 00:32:09.599
<v Speaker 4>too young to understand why he did it. I was

610
00:32:09.640 --> 00:32:12.599
<v Speaker 4>too undersdostand whether it would work or not. I only

611
00:32:12.680 --> 00:32:15.400
<v Speaker 4>know he had to get another job after he got

612
00:32:15.400 --> 00:32:18.279
<v Speaker 4>that money, for far less pay, far less dignified. He

613
00:32:18.359 --> 00:32:22.240
<v Speaker 4>became a greeter in a restaurant. There's nothing wrong with that,

614
00:32:22.759 --> 00:32:24.400
<v Speaker 4>But why did he leave a job where he was

615
00:32:24.440 --> 00:32:26.839
<v Speaker 4>making five times the amount to do that? I just

616
00:32:26.920 --> 00:32:30.640
<v Speaker 4>don't think he was sophisticated enough. But it was his choice.

617
00:32:31.119 --> 00:32:33.480
<v Speaker 4>I remember him and my mother talking about it. But

618
00:32:33.559 --> 00:32:35.960
<v Speaker 4>the union saved our lives. It gave us a life,

619
00:32:35.960 --> 00:32:38.079
<v Speaker 4>and I grew up with that. When I went into

620
00:32:38.119 --> 00:32:43.359
<v Speaker 4>business myself and I started to become an executive, I

621
00:32:43.480 --> 00:32:47.799
<v Speaker 4>realized that the unions had different functions, that the unions

622
00:32:47.839 --> 00:32:51.200
<v Speaker 4>protected their own, that the unions were in between the

623
00:32:51.240 --> 00:32:54.759
<v Speaker 4>management of the company and the workers. And as an executive.

624
00:32:54.799 --> 00:32:57.240
<v Speaker 4>It started to become a parent to me that the

625
00:32:57.319 --> 00:33:00.240
<v Speaker 4>rules had changed. Now I'm not saying it wasn't good

626
00:33:00.240 --> 00:33:03.079
<v Speaker 4>for our factory workers. I'm not saying it wasn't good

627
00:33:03.480 --> 00:33:10.400
<v Speaker 4>for warehouse workers. It probably very was. I only know

628
00:33:11.359 --> 00:33:14.759
<v Speaker 4>that in the southern factories that we worked in the

629
00:33:14.839 --> 00:33:20.160
<v Speaker 4>Southern warehouses, unions and workers versus the owners of the

630
00:33:20.200 --> 00:33:23.839
<v Speaker 4>company had conflict. Fortunately for me, I never got involved in.

631
00:33:23.920 --> 00:33:26.440
<v Speaker 4>I never had to learn it, Which brings me back

632
00:33:26.559 --> 00:33:32.319
<v Speaker 4>to industry. Interestingly enough, the United Order Workers make automobiles.

633
00:33:32.839 --> 00:33:35.880
<v Speaker 4>They're a union shop and they make automobiles for the

634
00:33:35.880 --> 00:33:38.920
<v Speaker 4>Big three in this year United States. And they make cars.

635
00:33:39.079 --> 00:33:42.400
<v Speaker 4>They make good cars, they make them profitably. They put

636
00:33:42.400 --> 00:33:44.640
<v Speaker 4>in a position that they could deliver. And I would

637
00:33:44.680 --> 00:33:48.599
<v Speaker 4>say to you that kind of industry can support protection.

638
00:33:49.160 --> 00:33:52.200
<v Speaker 4>They can support having a union that's looking out for

639
00:33:52.240 --> 00:33:55.200
<v Speaker 4>the workers. Because the price points are higher. There's enough

640
00:33:55.279 --> 00:33:58.839
<v Speaker 4>in that system to support a union. I can tell you.

641
00:33:58.880 --> 00:34:01.880
<v Speaker 4>I just read that Louis is going to start manufacturing

642
00:34:01.880 --> 00:34:06.000
<v Speaker 4>in the United States. Why because they eat handbags and

643
00:34:06.039 --> 00:34:09.039
<v Speaker 4>their quality of handbags is extraordinary, and they believe in

644
00:34:09.119 --> 00:34:13.400
<v Speaker 4>American labor. And there's so much markup to be had

645
00:34:13.440 --> 00:34:16.880
<v Speaker 4>when you're a fine luxury brand. Louis Vuitton is not

646
00:34:16.960 --> 00:34:21.000
<v Speaker 4>the only one. There's many luxury handbag makers that in

647
00:34:21.119 --> 00:34:24.840
<v Speaker 4>fact make their handbags out of plastic. They triven them

648
00:34:24.960 --> 00:34:28.119
<v Speaker 4>in leather. They sell for three thousand dollars. They make

649
00:34:28.159 --> 00:34:30.920
<v Speaker 4>a lot of money. And those products can be bought

650
00:34:31.280 --> 00:34:34.440
<v Speaker 4>here in the United States and can be manufactured here

651
00:34:34.519 --> 00:34:37.199
<v Speaker 4>for export around the world. So when it comes to

652
00:34:37.280 --> 00:34:40.880
<v Speaker 4>the unions, I've always been a fan. I recognize that

653
00:34:40.920 --> 00:34:44.320
<v Speaker 4>the unions can be problematic when it comes to price

654
00:34:44.519 --> 00:34:49.039
<v Speaker 4>oriented products. So the real question is what are we protecting?

655
00:34:49.840 --> 00:34:53.880
<v Speaker 4>Is their protection in the apparel and luxury industry, And

656
00:34:53.960 --> 00:34:56.920
<v Speaker 4>I will tell you there's a problem right now. I've

657
00:34:57.000 --> 00:35:01.400
<v Speaker 4>talked or heard many conversations that the industry is in

658
00:35:01.440 --> 00:35:04.079
<v Speaker 4>a state of flux right now. They don't know what

659
00:35:04.280 --> 00:35:06.880
<v Speaker 4>to do. They're going to be hit or have been

660
00:35:06.920 --> 00:35:10.519
<v Speaker 4>hit by ten or twenty percent of growing tariffs on

661
00:35:10.559 --> 00:35:13.960
<v Speaker 4>the products they're importing from the United States. They're importing

662
00:35:14.000 --> 00:35:17.400
<v Speaker 4>them buying large because there's very little industry back here,

663
00:35:17.800 --> 00:35:20.880
<v Speaker 4>and they're getting the advantage of price and they're passing

664
00:35:20.920 --> 00:35:25.079
<v Speaker 4>it along to the American consumer. Right now, with those increases.

665
00:35:25.599 --> 00:35:28.320
<v Speaker 4>Can they go back to their vendors who supply these

666
00:35:28.320 --> 00:35:30.920
<v Speaker 4>goods from China or Taiwan or Career and ask for

667
00:35:31.000 --> 00:35:34.159
<v Speaker 4>them to reduce the price. Yes. Is it going to

668
00:35:34.199 --> 00:35:36.400
<v Speaker 4>be easy? No? Are they going to be able to

669
00:35:36.400 --> 00:35:40.719
<v Speaker 4>collect everything they want to offset those tariffs? No, they're not.

670
00:35:41.239 --> 00:35:43.960
<v Speaker 4>These are going to raise prices. Are the retailers going

671
00:35:44.039 --> 00:35:45.679
<v Speaker 4>to eat these price increases?

672
00:35:46.079 --> 00:35:46.239
<v Speaker 3>No.

673
00:35:46.960 --> 00:35:50.280
<v Speaker 4>If you're a manufacturer, you're buying from China, you're bringing

674
00:35:50.280 --> 00:35:52.639
<v Speaker 4>it in. You're a brand and you're selling to Macy's

675
00:35:52.679 --> 00:35:54.639
<v Speaker 4>and you told them this is the price for your

676
00:35:54.679 --> 00:35:57.840
<v Speaker 4>shirts or your sweater or your dresses or whatever, and

677
00:35:57.920 --> 00:35:59.719
<v Speaker 4>now going to try and go to Macy's or Blooming

678
00:35:59.760 --> 00:36:03.559
<v Speaker 4>those anyone else for that matter, and tell them that

679
00:36:03.639 --> 00:36:06.159
<v Speaker 4>they have to raise the price. No way they going

680
00:36:06.199 --> 00:36:08.360
<v Speaker 4>to do it. The only one who's going to pay

681
00:36:08.440 --> 00:36:12.239
<v Speaker 4>is the consumer. And the problem I'm having is this

682
00:36:12.400 --> 00:36:16.360
<v Speaker 4>tariff good from far but far from good. I'm starting

683
00:36:16.400 --> 00:36:19.559
<v Speaker 4>to wonder. I've been a staunch supporter of the President,

684
00:36:19.599 --> 00:36:22.280
<v Speaker 4>I still am. I am hoping they're looking at the

685
00:36:22.400 --> 00:36:27.559
<v Speaker 4>unintended consequences between raising tariffs across the board or raising

686
00:36:27.599 --> 00:36:31.599
<v Speaker 4>them strategically. And I have my doubts if you want

687
00:36:31.719 --> 00:36:35.320
<v Speaker 4>to deal with free trade, if you want to deal

688
00:36:35.360 --> 00:36:38.480
<v Speaker 4>with fair trade. Although in this world fair is a

689
00:36:38.519 --> 00:36:41.639
<v Speaker 4>word that I believe is for kids, it doesn't exist.

690
00:36:42.440 --> 00:36:46.400
<v Speaker 4>I believe that the President should go to Canada very simply,

691
00:36:46.760 --> 00:36:50.599
<v Speaker 4>not with punitive damages, not for fentanyl, not for these

692
00:36:50.639 --> 00:36:54.440
<v Speaker 4>other things. But when it comes to trade, gentlemen, ladies,

693
00:36:54.639 --> 00:36:57.719
<v Speaker 4>we buy six hundred billion dollars worth of products and

694
00:36:57.760 --> 00:37:01.800
<v Speaker 4>goods and services from you every year. We want you

695
00:37:02.360 --> 00:37:06.679
<v Speaker 4>to buy from US an equivalent amount six hundred billion dollars.

696
00:37:07.039 --> 00:37:10.760
<v Speaker 4>We're your closest trading partner. We share a border of

697
00:37:10.880 --> 00:37:14.239
<v Speaker 4>thousands of miles. We're close to each other. We're partners

698
00:37:14.239 --> 00:37:16.840
<v Speaker 4>in this world. We live together. I want you to

699
00:37:16.880 --> 00:37:19.840
<v Speaker 4>buy an equal amount of goods from me that you're

700
00:37:19.880 --> 00:37:23.079
<v Speaker 4>buying from the rest of the world. So if you

701
00:37:23.119 --> 00:37:27.440
<v Speaker 4>are not buying your buses, your airplanes, your trucks from America,

702
00:37:28.000 --> 00:37:31.199
<v Speaker 4>tell me why before you give any orders to anywhere

703
00:37:31.199 --> 00:37:35.800
<v Speaker 4>else in the world. Satisfy our needs, balance trade between

704
00:37:36.039 --> 00:37:41.320
<v Speaker 4>the two countries. Buy our products. We'll be competitive. If

705
00:37:41.320 --> 00:37:43.239
<v Speaker 4>I have a factory and you want to buy from me,

706
00:37:43.280 --> 00:37:44.840
<v Speaker 4>and I have to make less money, I'm going to

707
00:37:44.880 --> 00:37:46.840
<v Speaker 4>make less money selling it to you, to keep my

708
00:37:47.000 --> 00:37:51.320
<v Speaker 4>factory busy. Mexico, you're on our border. We share a

709
00:37:51.360 --> 00:37:54.800
<v Speaker 4>border of one thousand miles. We're close, we're friends, we

710
00:37:54.920 --> 00:37:58.599
<v Speaker 4>share a common heritage. This is our country, this is

711
00:37:58.679 --> 00:38:02.880
<v Speaker 4>our continent, this is our our hemisphere. We're together. If

712
00:38:02.960 --> 00:38:06.000
<v Speaker 4>we're buying a billion dollars worth of goods for you

713
00:38:06.119 --> 00:38:10.079
<v Speaker 4>a year, or one hundred billion, or five hundred billion,

714
00:38:10.199 --> 00:38:13.400
<v Speaker 4>we want you to buy the same from us. Buy

715
00:38:13.440 --> 00:38:18.360
<v Speaker 4>our crops, buy our flooring, buy our textiles, buy our planes,

716
00:38:18.599 --> 00:38:22.119
<v Speaker 4>buy our electric cars, buy whatever it is. Buy an

717
00:38:22.159 --> 00:38:26.599
<v Speaker 4>equal amount that we're buying from you, and the same

718
00:38:27.039 --> 00:38:31.400
<v Speaker 4>goes for China. Whatever quantity of business we're doing with

719
00:38:31.440 --> 00:38:35.239
<v Speaker 4>you by importing your products, import from us before you

720
00:38:35.360 --> 00:38:39.239
<v Speaker 4>worry about someone else. Once again, we're each largest trading

721
00:38:39.280 --> 00:38:42.119
<v Speaker 4>product partner, and we need to be friends. We need

722
00:38:42.159 --> 00:38:44.440
<v Speaker 4>to love each other, we need to work together. Why not?

723
00:38:45.039 --> 00:38:45.480
<v Speaker 4>Why not?

724
00:38:45.840 --> 00:38:46.079
<v Speaker 3>See?

725
00:38:46.280 --> 00:38:49.480
<v Speaker 4>I believe in a theory. I've often said the only

726
00:38:49.639 --> 00:38:51.880
<v Speaker 4>argument I ever want to get into with another person

727
00:38:52.480 --> 00:38:56.360
<v Speaker 4>is when that person is in an indefensible position. They

728
00:38:56.480 --> 00:39:00.400
<v Speaker 4>can't defend what they're doing. So if we're saying a

729
00:39:00.519 --> 00:39:05.360
<v Speaker 4>trillion dollars worth of goods from China. China, you are

730
00:39:05.400 --> 00:39:10.320
<v Speaker 4>a huge consuming nation, you have billions of people. You're

731
00:39:10.320 --> 00:39:14.119
<v Speaker 4>the most populous country in the world. You have to

732
00:39:14.159 --> 00:39:17.559
<v Speaker 4>be able to buy a trillion dollars from US. Why

733
00:39:17.639 --> 00:39:21.559
<v Speaker 4>wouldn't you give me a reason defend your position. I

734
00:39:21.639 --> 00:39:25.920
<v Speaker 4>guarantee you, President Trump, I guarantee you all of the

735
00:39:25.960 --> 00:39:29.000
<v Speaker 4>people in the US government, if you focus on what

736
00:39:29.320 --> 00:39:33.360
<v Speaker 4>is indefensible if we buy from you, buy from US.

737
00:39:33.559 --> 00:39:38.159
<v Speaker 4>Forget everything else. That will solve the trade war. Stop

738
00:39:38.199 --> 00:39:42.159
<v Speaker 4>with the tariffs, Stop with all these things. Because President Trump,

739
00:39:42.400 --> 00:39:44.320
<v Speaker 4>I want you to look good from far, but I

740
00:39:44.360 --> 00:39:47.000
<v Speaker 4>want you to look even better close up. That's the

741
00:39:47.000 --> 00:39:51.000
<v Speaker 4>theme for tonight. Take a break, Make trade not war

742
00:39:51.400 --> 00:39:52.159
<v Speaker 4>back in a moment.

743
00:39:53.320 --> 00:39:54.920
<v Speaker 2>Always in fashion.

744
00:39:55.519 --> 00:39:58.599
<v Speaker 4>As one of the world's most celebrated fashion designers, car

745
00:39:58.679 --> 00:40:02.320
<v Speaker 4>Lagerfeld was renowned for his aspirational and cutting edge approach

746
00:40:02.400 --> 00:40:05.440
<v Speaker 4>to style. His unique vision of Parisian shit comes to

747
00:40:05.480 --> 00:40:10.639
<v Speaker 4>America through car Lagafeld Paris. He has women's collections, men's collections,

748
00:40:10.679 --> 00:40:13.599
<v Speaker 4>ready to wear, accessory, shoes and bags. The fashion house

749
00:40:13.599 --> 00:40:16.559
<v Speaker 4>Carlagofeld also offers a range of watches I Wear in

750
00:40:16.639 --> 00:40:20.679
<v Speaker 4>premium fragrances. You can explore the car Lagovol collection at

751
00:40:20.679 --> 00:40:24.159
<v Speaker 4>car Lagofelparis dot com. But it's more than that. I

752
00:40:24.239 --> 00:40:26.880
<v Speaker 4>for one, love to shop. I love going around and

753
00:40:26.920 --> 00:40:29.960
<v Speaker 4>seeing what's happening and what catches my attention, what would

754
00:40:29.960 --> 00:40:32.719
<v Speaker 4>make me feel good to wear now. I don't wear

755
00:40:32.719 --> 00:40:35.280
<v Speaker 4>the women's wear obviously, but I can appreciate it, and

756
00:40:35.280 --> 00:40:38.079
<v Speaker 4>they look amazing. If you want to look right, you

757
00:40:38.119 --> 00:40:40.639
<v Speaker 4>want to have clothes that fits you well. You want

758
00:40:40.639 --> 00:40:44.559
<v Speaker 4>to look like you're wearing something that's very expensive, that's

759
00:40:44.679 --> 00:40:48.000
<v Speaker 4>exclusive for you and yours. You can find it at

760
00:40:48.159 --> 00:40:52.400
<v Speaker 4>very affordable prices at Macy's Orcarlagafel dot com Paris. The

761
00:40:52.440 --> 00:40:55.280
<v Speaker 4>women's ready to wear fashion is extraordinary, as well as

762
00:40:55.320 --> 00:40:59.199
<v Speaker 4>the handbags and the shoes. I for one wear men's clothes,

763
00:40:59.280 --> 00:41:03.440
<v Speaker 4>unlike my appreciation of women's clothes. I'm a modern guy.

764
00:41:03.840 --> 00:41:05.800
<v Speaker 4>I wanna look current. I want to look the way

765
00:41:05.880 --> 00:41:07.920
<v Speaker 4>I want to feel. I go out at night, I'm

766
00:41:07.920 --> 00:41:11.559
<v Speaker 4>in black and Carl Lagafel is my buddy. Carls are great,

767
00:41:11.639 --> 00:41:13.960
<v Speaker 4>they fit great, and they have little tweaks and touches,

768
00:41:14.000 --> 00:41:16.119
<v Speaker 4>whether it's a stripe on the sleeve or button at

769
00:41:16.119 --> 00:41:18.559
<v Speaker 4>the neck or on the shoulder. There's a lot of

770
00:41:18.599 --> 00:41:22.119
<v Speaker 4>details that go into Carlagafel because he's always been, he

771
00:41:22.199 --> 00:41:25.239
<v Speaker 4>always had been one of the world's great designers, and

772
00:41:25.280 --> 00:41:28.159
<v Speaker 4>this legacy and goes on and on. I can't speak

773
00:41:28.280 --> 00:41:30.159
<v Speaker 4>enough about it except to say to you, you want

774
00:41:30.159 --> 00:41:32.320
<v Speaker 4>to feel good about yourself. You want to know that

775
00:41:32.320 --> 00:41:34.960
<v Speaker 4>you're dressing properly. You want to clothes that fits you well.

776
00:41:35.320 --> 00:41:42.599
<v Speaker 4>Carl Lagafeld Paris, Carl Lagofeldparis dot com. I love polar fleece.

777
00:41:43.039 --> 00:41:47.920
<v Speaker 4>It's lightweight, takes colors beautifully, It's comfortable, keeps you warm

778
00:41:48.119 --> 00:41:51.599
<v Speaker 4>and even if it's warm out, it doesn't hamper you.

779
00:41:51.639 --> 00:41:55.119
<v Speaker 4>It doesn't make you perspire. I love polar fleece. I

780
00:41:55.159 --> 00:41:59.159
<v Speaker 4>also love sweatshirts and sweatpants, love them, love them, love them.

781
00:41:59.239 --> 00:42:01.159
<v Speaker 4>I'm a big fan of khaki pants and a big

782
00:42:01.199 --> 00:42:03.760
<v Speaker 4>fan of a golf clothes. And I'm a big fan

783
00:42:03.840 --> 00:42:06.920
<v Speaker 4>of Izid. I used to be the head of Iszid.

784
00:42:07.280 --> 00:42:10.239
<v Speaker 4>In fact, my company bought it and out of bankruptcy,

785
00:42:10.239 --> 00:42:11.960
<v Speaker 4>and the CEO of the company asked me to come

786
00:42:12.000 --> 00:42:13.880
<v Speaker 4>in and fix it, and he said to me, mark

787
00:42:13.960 --> 00:42:15.880
<v Speaker 4>the future of the company's in your hands. Can you

788
00:42:15.960 --> 00:42:17.480
<v Speaker 4>do this? And I said, I will do it. I

789
00:42:17.559 --> 00:42:21.239
<v Speaker 4>put everything, my heart and soul into making Eyesid the

790
00:42:21.280 --> 00:42:23.079
<v Speaker 4>powerhouse that it is today.

791
00:42:23.440 --> 00:42:23.559
<v Speaker 3>Now.

792
00:42:23.599 --> 00:42:25.440
<v Speaker 4>I left a long time ago, and the company just

793
00:42:25.519 --> 00:42:29.039
<v Speaker 4>continues to thrive. ISOT is one of the great sweater makers,

794
00:42:29.079 --> 00:42:32.760
<v Speaker 4>pant make a shirt makers, knit shirt makers, Polo shirt makers.

795
00:42:32.800 --> 00:42:37.159
<v Speaker 4>They're incredible company. The colors are great, the fabrics are great. Guys,

796
00:42:37.800 --> 00:42:39.880
<v Speaker 4>you ever wonder what you should wear, I'll make it

797
00:42:39.920 --> 00:42:41.639
<v Speaker 4>easy for you. If you're going to be casual, go

798
00:42:41.760 --> 00:42:44.039
<v Speaker 4>in and look at ISID. Now that doesn't say that

799
00:42:44.079 --> 00:42:45.800
<v Speaker 4>they don't have dress shirts and they don't have suits.

800
00:42:45.800 --> 00:42:48.639
<v Speaker 4>You go find them. ISOD is a collective brand that

801
00:42:48.840 --> 00:42:52.840
<v Speaker 4>offers lifestyle apparel to everyone in America. And it's true,

802
00:42:53.000 --> 00:42:55.719
<v Speaker 4>it's a fun brand, but it's also priced at fun

803
00:42:55.840 --> 00:42:59.079
<v Speaker 4>prices everyone can afford it. I love this brand. Of

804
00:42:59.119 --> 00:43:01.239
<v Speaker 4>all the brands that I'm involved with, and you can

805
00:43:01.360 --> 00:43:04.519
<v Speaker 4>name them, think about PVH and LVMH and all the brands,

806
00:43:04.679 --> 00:43:06.960
<v Speaker 4>Isaoda is the one that's most personal to me because

807
00:43:07.000 --> 00:43:10.280
<v Speaker 4>I was involved in crafting the future of this brand.

808
00:43:10.559 --> 00:43:13.480
<v Speaker 4>The close of great, fullest Great. They're doing well. Isa

809
00:43:13.639 --> 00:43:17.239
<v Speaker 4>Dot com isaacat jcpenny go look for it. I think

810
00:43:17.239 --> 00:43:19.800
<v Speaker 4>you're going to be very happy. And ladies, those of

811
00:43:19.840 --> 00:43:22.320
<v Speaker 4>you the shopping for the guys in your lives, take

812
00:43:22.360 --> 00:43:24.760
<v Speaker 4>a look. I think they'll be very happy with your choices.

813
00:43:25.039 --> 00:43:29.239
<v Speaker 2>Isaad for men, welcome back to it always in fashion.

814
00:43:29.519 --> 00:43:31.239
<v Speaker 2>Here's your host, Mark Webber.

815
00:43:32.239 --> 00:43:35.840
<v Speaker 4>I started this show tonight with a comment that a

816
00:43:35.840 --> 00:43:38.400
<v Speaker 4>friend of mine made when he was a teenager. We're

817
00:43:38.440 --> 00:43:41.840
<v Speaker 4>talking about a young girl he met online, looked at

818
00:43:41.840 --> 00:43:43.639
<v Speaker 4>a photo, and I asked him did she look as

819
00:43:43.719 --> 00:43:46.679
<v Speaker 4>cute as a photo? Innocent question. He answered me she

820
00:43:46.840 --> 00:43:49.719
<v Speaker 4>was good from far but far from good. I thought

821
00:43:49.760 --> 00:43:51.599
<v Speaker 4>it was the funniest thing I'd ever heard, and it

822
00:43:51.679 --> 00:43:55.719
<v Speaker 4>was a statement in life about promises and delivering. I

823
00:43:55.800 --> 00:43:59.440
<v Speaker 4>have to tell you, at the risk of being controversial,

824
00:43:59.599 --> 00:44:02.280
<v Speaker 4>I want to talk about driving cars for a moment,

825
00:44:02.360 --> 00:44:08.039
<v Speaker 4>in particular females driving cars. I should start with. I

826
00:44:08.039 --> 00:44:10.000
<v Speaker 4>don't know about the rest of you, but I've noticed

827
00:44:10.039 --> 00:44:14.440
<v Speaker 4>Stanika Patrick doing commercials. I think she's in her forties.

828
00:44:14.480 --> 00:44:19.639
<v Speaker 4>She is beautiful. She's so well spoken. She's such a

829
00:44:19.679 --> 00:44:22.079
<v Speaker 4>pleasure to listen to. I tell you, when I watch her,

830
00:44:22.079 --> 00:44:27.039
<v Speaker 4>I just wow. I think she's special and yeah, on

831
00:44:27.079 --> 00:44:29.480
<v Speaker 4>the fact forget you know, the way she looks and speaks.

832
00:44:29.519 --> 00:44:33.119
<v Speaker 4>I can't help if I'm being. I don't know what

833
00:44:33.159 --> 00:44:37.199
<v Speaker 4>I'm being. She drives cars. She's a race car driver,

834
00:44:37.519 --> 00:44:41.639
<v Speaker 4>which I find incredible. What a talent, what a set

835
00:44:41.679 --> 00:44:48.159
<v Speaker 4>of skills, particularly because my experience has been that, uh oh,

836
00:44:48.199 --> 00:44:54.239
<v Speaker 4>here we go, that female drivers are unique. That's the

837
00:44:54.280 --> 00:44:56.920
<v Speaker 4>best way I could say it now, before you all

838
00:44:56.960 --> 00:45:00.360
<v Speaker 4>start screaming at me. Ladies, if you're a great drivers,

839
00:45:00.440 --> 00:45:03.559
<v Speaker 4>you could find me on Instagram and they're always in fashion.

840
00:45:03.840 --> 00:45:06.599
<v Speaker 4>Or you can find me on LinkedIn and complain to

841
00:45:06.639 --> 00:45:08.880
<v Speaker 4>me that I have no right saying that I find

842
00:45:08.880 --> 00:45:15.000
<v Speaker 4>your driving questionable. Now, I'm picking this subject because I

843
00:45:15.039 --> 00:45:18.719
<v Speaker 4>think it's fun. This week alone, I can tell you

844
00:45:19.239 --> 00:45:25.480
<v Speaker 4>I avoided three three close calls with women drivers. Men

845
00:45:25.519 --> 00:45:29.199
<v Speaker 4>are obnoxious, Okay, all you guys out there and me included,

846
00:45:29.239 --> 00:45:31.800
<v Speaker 4>we're obnoxious. We think we own the road, we think

847
00:45:31.840 --> 00:45:34.199
<v Speaker 4>we could do whatever we want. And I get it.

848
00:45:34.760 --> 00:45:37.559
<v Speaker 4>But you know, I'm in the city. I'm watching people drive.

849
00:45:37.639 --> 00:45:40.920
<v Speaker 4>It's impossible to drive in New York City. I was

850
00:45:40.960 --> 00:45:42.920
<v Speaker 4>in New York City the other day, which got me

851
00:45:43.000 --> 00:45:47.039
<v Speaker 4>thinking about this, and I met a bunch of people

852
00:45:47.119 --> 00:45:50.400
<v Speaker 4>and we were hanging out, and one young lady said,

853
00:45:50.599 --> 00:45:55.679
<v Speaker 4>I have to practice my driving. I said, what do

854
00:45:55.760 --> 00:45:58.199
<v Speaker 4>you keep a car here? I said, yeah, Would you

855
00:45:58.239 --> 00:46:01.199
<v Speaker 4>let me drive your car? I said, no, is why not?

856
00:46:01.360 --> 00:46:04.280
<v Speaker 4>I said, you know, my experience with female drivers hasn't

857
00:46:04.280 --> 00:46:06.920
<v Speaker 4>been all like great. I'm a great driver, trust me.

858
00:46:07.000 --> 00:46:08.760
<v Speaker 4>I just need some driving time I have to make

859
00:46:09.239 --> 00:46:11.400
<v Speaker 4>I have to go downtown. Can I borrow your car?

860
00:46:11.480 --> 00:46:13.599
<v Speaker 4>Said no, but I'll come with you. So, with all

861
00:46:13.639 --> 00:46:17.119
<v Speaker 4>due respect to ladies, let me just be careful here.

862
00:46:17.280 --> 00:46:20.639
<v Speaker 4>My experience with female drivers has not been all that good.

863
00:46:21.480 --> 00:46:23.280
<v Speaker 4>And I say to you, on the other side, my

864
00:46:23.360 --> 00:46:26.559
<v Speaker 4>experience with men's drivers. I get cursed at, I get

865
00:46:26.599 --> 00:46:30.119
<v Speaker 4>screamed at, I get the finger, I get everything. So

866
00:46:30.199 --> 00:46:32.840
<v Speaker 4>I don't like men drivers either. But anyway, I'm back in.

867
00:46:33.679 --> 00:46:37.119
<v Speaker 4>And I offered the woman a chance to drive the car.

868
00:46:37.559 --> 00:46:39.480
<v Speaker 4>But I had to be there. I'd go downtown. I

869
00:46:39.480 --> 00:46:43.000
<v Speaker 4>hadn't been downtown. Oh, I had to go to Brookfield Center.

870
00:46:43.559 --> 00:46:46.719
<v Speaker 4>Get in the car. The first thing that happens, the

871
00:46:46.719 --> 00:46:50.239
<v Speaker 4>car's driving. First thing that happens, first stop sign. She

872
00:46:50.320 --> 00:46:53.000
<v Speaker 4>goes right through it. I said, there's a stop sign.

873
00:46:53.239 --> 00:46:58.880
<v Speaker 4>She said, oh, it's nothing. So we're following the GPS.

874
00:46:58.960 --> 00:47:01.760
<v Speaker 4>And I said, now where the GPS won't be the

875
00:47:01.760 --> 00:47:03.280
<v Speaker 4>best way to go. You got to make a left

876
00:47:03.280 --> 00:47:06.440
<v Speaker 4>at this corner. She makes the right turn. I said,

877
00:47:06.440 --> 00:47:09.320
<v Speaker 4>that's not left. But the thing that got me more

878
00:47:09.360 --> 00:47:12.800
<v Speaker 4>than anything was we're driving down the street. She had

879
00:47:12.840 --> 00:47:16.599
<v Speaker 4>to change lanes, and she changed lanes without looking. And

880
00:47:16.679 --> 00:47:20.280
<v Speaker 4>I said to her, after I finished screaming, we missed

881
00:47:20.320 --> 00:47:23.119
<v Speaker 4>the car next to us by two inches. If I'm lying,

882
00:47:23.199 --> 00:47:26.360
<v Speaker 4>it's five inches. I mean, I said, what was that?

883
00:47:26.719 --> 00:47:29.039
<v Speaker 4>She said, Look, when I want to change lanes, I

884
00:47:29.079 --> 00:47:32.079
<v Speaker 4>know the other guy will move over. I'm saying to myself,

885
00:47:32.119 --> 00:47:34.880
<v Speaker 4>I've drive knowing that if I'm a good driver, I'm

886
00:47:34.880 --> 00:47:37.119
<v Speaker 4>more worried about the other drivers. I was screaming. I

887
00:47:38.239 --> 00:47:46.440
<v Speaker 4>was beside myself, and anyway, kudos to Danica Patrick and

888
00:47:46.679 --> 00:47:48.840
<v Speaker 4>my experience in driving. I got that out of the way.

889
00:47:49.639 --> 00:47:54.400
<v Speaker 4>If I've offended the female community, give me a break, please, Okay.

890
00:47:54.760 --> 00:47:59.079
<v Speaker 4>On the issue of screaming for my life, I'm worried

891
00:47:59.119 --> 00:48:03.199
<v Speaker 4>at the moment about that future of retail, luxury and fashion.

892
00:48:03.679 --> 00:48:08.400
<v Speaker 4>There have been more and more difficulties had Hudson Bay

893
00:48:08.400 --> 00:48:14.519
<v Speaker 4>and Canada, the largest running retail, the largest operational business

894
00:48:14.559 --> 00:48:18.880
<v Speaker 4>sixteen seventy established in Canada, just filed for protection under

895
00:48:18.920 --> 00:48:22.840
<v Speaker 4>the equivalent of bankruptcy. It looks like they'll still be operators.

896
00:48:23.320 --> 00:48:28.480
<v Speaker 4>What makes it concerning is the parent company of Hudson

897
00:48:28.519 --> 00:48:32.559
<v Speaker 4>Bay also owned Sacks, Demons and Bergdoff Goodman. And in fact,

898
00:48:33.000 --> 00:48:35.960
<v Speaker 4>I have such great and high regard for the CEO.

899
00:48:36.440 --> 00:48:39.880
<v Speaker 4>The next CEO Exchange interview for this show will be

900
00:48:40.239 --> 00:48:44.119
<v Speaker 4>with the CEO of that company. But the issue is

901
00:48:44.480 --> 00:48:47.960
<v Speaker 4>what is going on. I've been shopping a lot. Part

902
00:48:48.000 --> 00:48:51.679
<v Speaker 4>of my ability to function on this show is staying

903
00:48:51.719 --> 00:48:54.360
<v Speaker 4>current in the business that I grew up in, luxury

904
00:48:54.440 --> 00:48:57.440
<v Speaker 4>fashion and retail. I've been in the malls. I was traveling.

905
00:48:57.440 --> 00:48:59.320
<v Speaker 4>I was in one of the malls in Long Island

906
00:49:00.400 --> 00:49:03.159
<v Speaker 4>a friend of mine and I said, the place is packed.

907
00:49:03.159 --> 00:49:06.280
<v Speaker 4>He says, yeah, business must be great. And I looked

908
00:49:06.280 --> 00:49:09.000
<v Speaker 4>at him and I said, you're not from this industry.

909
00:49:09.119 --> 00:49:13.280
<v Speaker 4>Look closely. Is business great? And he looked at me

910
00:49:14.159 --> 00:49:18.639
<v Speaker 4>and he said, yeah, the place is packed. I said,

911
00:49:19.159 --> 00:49:22.320
<v Speaker 4>is it doing well? Is you know? Mark? What what

912
00:49:22.320 --> 00:49:25.480
<v Speaker 4>are you talking about? I said, very few people are

913
00:49:25.519 --> 00:49:31.320
<v Speaker 4>carrying bags. And he stopped in his tracks and he said,

914
00:49:31.719 --> 00:49:36.360
<v Speaker 4>you're right, very few people are carrying bags. What does

915
00:49:36.360 --> 00:49:38.239
<v Speaker 4>that mean? I said, it means that they're not doing

916
00:49:38.280 --> 00:49:40.239
<v Speaker 4>as well as the mall is. They're coming here for

917
00:49:40.320 --> 00:49:44.960
<v Speaker 4>different reasons. Shopping malls are still entertainment. There's still theater.

918
00:49:45.280 --> 00:49:47.000
<v Speaker 4>There are place to go, there are a place to

919
00:49:47.039 --> 00:49:49.360
<v Speaker 4>have lunch or a drink, the place to hang out

920
00:49:49.400 --> 00:49:53.599
<v Speaker 4>with your friends. That doesn't mean that everybody here is

921
00:49:53.639 --> 00:49:56.800
<v Speaker 4>here at a shop. And it caught his attention, and

922
00:49:56.840 --> 00:50:01.360
<v Speaker 4>it caught mine again because I know about this business,

923
00:50:01.440 --> 00:50:05.079
<v Speaker 4>and yes, a lot of business is online now. I

924
00:50:05.159 --> 00:50:08.000
<v Speaker 4>remember when I was operating before I retired and went

925
00:50:08.000 --> 00:50:13.239
<v Speaker 4>into radio and podcasting, that retails were becoming stronger and stronger.

926
00:50:13.280 --> 00:50:17.559
<v Speaker 4>They were all consolidating, they're all buying each other. In

927
00:50:17.559 --> 00:50:20.719
<v Speaker 4>my day, there was a huge corporation called Macy's Zinc

928
00:50:21.159 --> 00:50:24.519
<v Speaker 4>and the huge corporation called Make Company, and both of

929
00:50:24.559 --> 00:50:26.960
<v Speaker 4>them headed out and beat it up head to head.

930
00:50:26.960 --> 00:50:31.840
<v Speaker 4>They fought off every more. Robinson's May versus Macy's in

931
00:50:31.880 --> 00:50:34.480
<v Speaker 4>San Francisco, and that's the way it went, and the

932
00:50:34.559 --> 00:50:38.159
<v Speaker 4>two powerful giants four billion each at one point were

933
00:50:38.199 --> 00:50:42.599
<v Speaker 4>consolidated under the Macy's Corporation. And now all of a sudden,

934
00:50:43.039 --> 00:50:45.880
<v Speaker 4>once they did that, they came to me whatever company

935
00:50:45.880 --> 00:50:48.400
<v Speaker 4>I was running, said, the rules are going to change. Now,

936
00:50:49.119 --> 00:50:52.119
<v Speaker 4>these are the new rules. We're going to want more markup.

937
00:50:52.400 --> 00:50:55.239
<v Speaker 4>We're going to want you to take back merchandise, We're

938
00:50:55.280 --> 00:50:58.039
<v Speaker 4>gonna want, We're gonna want, going to want. And even

939
00:50:58.039 --> 00:51:01.159
<v Speaker 4>though make company didn't exist anymore, or they basically used

940
00:51:01.159 --> 00:51:03.719
<v Speaker 4>to have a saying it's the main way or the highway.

941
00:51:04.000 --> 00:51:05.760
<v Speaker 4>You do what we tell you, or you're not gonna

942
00:51:05.760 --> 00:51:09.679
<v Speaker 4>do business with us, and they took and exerted in

943
00:51:09.840 --> 00:51:14.800
<v Speaker 4>tremendous pressure over us in the wholesale side. I've been

944
00:51:14.840 --> 00:51:18.440
<v Speaker 4>thinking about the tariffs. I mentioned them before. Tariffs are

945
00:51:18.519 --> 00:51:22.320
<v Speaker 4>raising prices and what does that mean. I'm gonna make

946
00:51:22.360 --> 00:51:27.320
<v Speaker 4>it very simple. When retailers do a sales plan. If

947
00:51:27.400 --> 00:51:30.840
<v Speaker 4>last year they did one hundred million dollars in men's

948
00:51:30.880 --> 00:51:35.440
<v Speaker 4>apparel at Macy's, they planned to grow from one hundred

949
00:51:35.440 --> 00:51:39.800
<v Speaker 4>million to one hundred and five million this year. The

950
00:51:40.000 --> 00:51:45.199
<v Speaker 4>problem is they buy in retail dollars. Therefore, if you

951
00:51:45.360 --> 00:51:50.440
<v Speaker 4>make things more expensive, they will buy less items. They

952
00:51:50.559 --> 00:51:53.199
<v Speaker 4>buy less items there's less chance for you to be

953
00:51:53.280 --> 00:51:57.239
<v Speaker 4>as successful. They're going to be buying less from you.

954
00:51:58.039 --> 00:52:02.280
<v Speaker 4>So this whole situation of retail and wholesale is getting

955
00:52:02.320 --> 00:52:05.599
<v Speaker 4>to be a concern. I remember going through this whole

956
00:52:05.679 --> 00:52:09.599
<v Speaker 4>thought that we said at the time, in the end

957
00:52:09.679 --> 00:52:13.360
<v Speaker 4>of the day, there's going to be one retailer and

958
00:52:13.400 --> 00:52:16.960
<v Speaker 4>one manufacturer or wholesaler, and the retailer is going to

959
00:52:17.000 --> 00:52:19.079
<v Speaker 4>say to the wholesaler, we don't want to buy from

960
00:52:19.119 --> 00:52:23.079
<v Speaker 4>you anymore. That was the end of the industry. That's it.

961
00:52:23.079 --> 00:52:27.320
<v Speaker 4>It's over. And when you watch what's going on right

962
00:52:27.360 --> 00:52:31.599
<v Speaker 4>now with the advent of online shopping, which is extraordinary.

963
00:52:32.400 --> 00:52:34.880
<v Speaker 4>You know, anything I need, the first thing I do

964
00:52:35.039 --> 00:52:37.480
<v Speaker 4>is I look to Amazon. But I will tell you

965
00:52:38.159 --> 00:52:41.000
<v Speaker 4>when it comes to fashion. Unless I'm looking for a

966
00:52:41.039 --> 00:52:44.039
<v Speaker 4>commodity iron like a T shirt that I don't care

967
00:52:44.079 --> 00:52:47.480
<v Speaker 4>what brand it is, I'm not going to Amazon. Amazon

968
00:52:47.519 --> 00:52:50.039
<v Speaker 4>has brands, but they don't have the full assortment that

969
00:52:50.079 --> 00:52:53.039
<v Speaker 4>you'll find in a department store or a specialty store.

970
00:52:53.159 --> 00:52:56.119
<v Speaker 4>If you want a Nike sneaker, Amazon very well may

971
00:52:56.199 --> 00:52:59.000
<v Speaker 4>have a Nike sneaker, but they won't have the range.

972
00:52:59.280 --> 00:53:02.320
<v Speaker 4>You go to Champ you'll see everything from Nike if

973
00:53:02.320 --> 00:53:05.679
<v Speaker 4>they want to buy it. So Amazon has its place,

974
00:53:06.039 --> 00:53:09.440
<v Speaker 4>but it's only so far. I've been reading that Coles

975
00:53:09.719 --> 00:53:13.360
<v Speaker 4>is struggling. Coals is a discount department store that is

976
00:53:13.400 --> 00:53:17.079
<v Speaker 4>in eleven hundred stores around the United States, and they're struggling.

977
00:53:17.400 --> 00:53:23.760
<v Speaker 4>The CEO is just let go. It wasn't clear. They

978
00:53:23.800 --> 00:53:26.440
<v Speaker 4>were a few skating on whether he was terminated or

979
00:53:26.559 --> 00:53:29.480
<v Speaker 4>let go by choice. But in the articles you read

980
00:53:29.480 --> 00:53:32.639
<v Speaker 4>about why he's no longer there, they talked about that

981
00:53:32.760 --> 00:53:36.519
<v Speaker 4>he forego their private label programs in favor of brands

982
00:53:36.519 --> 00:53:39.840
<v Speaker 4>and it was not serving them. Well, so what's the

983
00:53:39.880 --> 00:53:42.880
<v Speaker 4>future of brands at Coals. I'm sure they'll have them.

984
00:53:43.119 --> 00:53:45.360
<v Speaker 4>Some of my favorite brands, some of the brands that

985
00:53:45.440 --> 00:53:47.480
<v Speaker 4>I work with my whole life, are there. I hope

986
00:53:47.480 --> 00:53:51.360
<v Speaker 4>they survive. The off price business is extraordinary. You want

987
00:53:51.400 --> 00:53:54.840
<v Speaker 4>to talk about exerting pressure. They live to give the

988
00:53:54.840 --> 00:53:58.840
<v Speaker 4>consumer a discount. They don't live to like the manufacturers.

989
00:53:59.159 --> 00:54:02.880
<v Speaker 4>They live to get deals for their consumers. I'll never forget.

990
00:54:02.960 --> 00:54:05.800
<v Speaker 4>After spending a week in Harvard Business School with one

991
00:54:05.840 --> 00:54:09.239
<v Speaker 4>of the senior retailers, the CEO of TJ Max at

992
00:54:09.280 --> 00:54:12.000
<v Speaker 4>the time, asked to see me About three weeks later,

993
00:54:12.000 --> 00:54:13.880
<v Speaker 4>it came up with his team and he said to me,

994
00:54:14.440 --> 00:54:17.320
<v Speaker 4>I hope you're the greatest merchants in the world. I

995
00:54:17.360 --> 00:54:19.880
<v Speaker 4>hope you have to. I hope you have people that

996
00:54:20.000 --> 00:54:23.519
<v Speaker 4>know how to plan merchandising, because anything you stuck with

997
00:54:24.039 --> 00:54:27.159
<v Speaker 4>I'm going to own you. I'm going to need fifty

998
00:54:27.199 --> 00:54:29.480
<v Speaker 4>billion dollars worth of merchandise, so I'm going to be

999
00:54:29.519 --> 00:54:33.280
<v Speaker 4>a great customer. But for that business, you're going to

1000
00:54:33.320 --> 00:54:37.079
<v Speaker 4>pay the price. So the less problems you have, the

1001
00:54:37.119 --> 00:54:40.639
<v Speaker 4>better off. It's going to be once again exerting pressure

1002
00:54:40.679 --> 00:54:44.599
<v Speaker 4>over the wholesale To his credit, if I was TJ Max,

1003
00:54:44.719 --> 00:54:48.159
<v Speaker 4>I would be only. I would be the toughest negotiator

1004
00:54:48.199 --> 00:54:52.280
<v Speaker 4>in the world. I wouldn't make it easy for any manufacturer. Yes,

1005
00:54:52.480 --> 00:54:55.719
<v Speaker 4>I would covet your brand. Yes, van Usen is great

1006
00:54:55.760 --> 00:54:58.360
<v Speaker 4>for my custom but if it wasn't van us And,

1007
00:54:58.400 --> 00:55:02.559
<v Speaker 4>I'd find a different brand. Unless you are smart, unless

1008
00:55:02.599 --> 00:55:05.280
<v Speaker 4>you know how to manage the business, you're going to

1009
00:55:05.360 --> 00:55:08.679
<v Speaker 4>have your hands full going into the future. There's no

1010
00:55:08.840 --> 00:55:12.079
<v Speaker 4>channel of distribution that hasn't struggled at one point or another.

1011
00:55:12.360 --> 00:55:16.199
<v Speaker 4>Walmart this year said they're taking down their earnings number Walmart.

1012
00:55:16.679 --> 00:55:20.880
<v Speaker 4>They never have problems. The future of retailing is going

1013
00:55:20.960 --> 00:55:26.039
<v Speaker 4>to be from the brands, multi brand stores like Macy's,

1014
00:55:26.199 --> 00:55:31.280
<v Speaker 4>like Coal's, like Targets like Walmart, like Bergdoff's, like Sachs,

1015
00:55:31.440 --> 00:55:36.280
<v Speaker 4>like Neemans, like Nordstrom, all of these retailers putting together

1016
00:55:36.360 --> 00:55:39.159
<v Speaker 4>the best assortments with the best brands and having the

1017
00:55:39.199 --> 00:55:43.639
<v Speaker 4>best working relationships with their vendors to maximize those businesses.

1018
00:55:44.000 --> 00:55:47.760
<v Speaker 4>Will they remains to be seen. The future of retail

1019
00:55:47.840 --> 00:55:49.679
<v Speaker 4>is also in the hands of people who have their

1020
00:55:49.800 --> 00:55:52.679
<v Speaker 4>name over the door. They have one brand in this store.

1021
00:55:52.960 --> 00:55:55.559
<v Speaker 4>It's called Zara, it's called H and M, it's called

1022
00:55:55.599 --> 00:55:58.800
<v Speaker 4>the Gap, It's called American Eagle Outfits who looks great

1023
00:55:59.039 --> 00:56:04.880
<v Speaker 4>continuously after season. It's called my own name above the door.

1024
00:56:05.360 --> 00:56:08.000
<v Speaker 4>Specialty stores and in a luxury sector you know the

1025
00:56:08.079 --> 00:56:13.519
<v Speaker 4>more Viton, Gavanci dioor they're there somewhere in all of

1026
00:56:13.559 --> 00:56:18.119
<v Speaker 4>this is going to be a combination of multi brand

1027
00:56:18.199 --> 00:56:21.480
<v Speaker 4>stores and stores that are specialty stores with their name

1028
00:56:21.559 --> 00:56:24.639
<v Speaker 4>over the head of the door. And someone each of

1029
00:56:24.719 --> 00:56:29.159
<v Speaker 4>these stores, any department store, any specialty store, is online.

1030
00:56:29.440 --> 00:56:31.480
<v Speaker 4>And the world has yet the scene where this is

1031
00:56:31.519 --> 00:56:35.159
<v Speaker 4>all going to end. The question I asked tonight, Are

1032
00:56:35.159 --> 00:56:38.599
<v Speaker 4>you smart enough to position yourself to be good from

1033
00:56:38.679 --> 00:56:42.440
<v Speaker 4>far but not far from good? I love this show.

1034
00:56:42.519 --> 00:56:45.280
<v Speaker 4>I hope you enjoyed it. Back next week. Talk to

1035
00:56:45.320 --> 00:56:45.760
<v Speaker 4>you soon.
