1 00:00:23,640 --> 00:00:27,760 Speaker 1: And here we are welcome to the Big Podcast on 2 00:00:28,039 --> 00:00:32,600 this Monday. Today is the seventeenth day of November, year 3 00:00:32,600 --> 00:00:36,799 of Our Lord, twenty twenty five. My name is Tom Sullivan. 4 00:00:36,920 --> 00:00:40,159 So man alive? Was that a one eighty or what? 5 00:00:40,280 --> 00:00:43,359 Did you get? A whipped saw? I mean you might 6 00:00:43,399 --> 00:00:48,200 need to go see a chiropractor for your neck. So 7 00:00:48,960 --> 00:00:53,439 President Trump was jumping up and down about the Epstein 8 00:00:53,920 --> 00:01:00,399 vote and the files, and it was clear that it 9 00:01:00,520 --> 00:01:05,560 made him look like he was hiding something, and somebody, 10 00:01:05,599 --> 00:01:08,400 I would love to know what the inside story. Someday 11 00:01:08,439 --> 00:01:11,719 we'll hear it after he's long done with his presidency. 12 00:01:11,799 --> 00:01:14,920 Somebody to write a book and go, what was it 13 00:01:14,959 --> 00:01:16,840 that all of a sudden you went from no way 14 00:01:17,000 --> 00:01:19,719 know how you're not going to release those Epstein files 15 00:01:20,319 --> 00:01:23,040 and went after any Republican that even hinted that they 16 00:01:23,120 --> 00:01:25,120 might vote for something like that. By the way, the 17 00:01:25,280 --> 00:01:30,439 vote on the Epstein files is tomorrow at eleven am, 18 00:01:30,480 --> 00:01:36,159 Tuesday the eighteenth, at eleven am. But somewhere over the 19 00:01:36,200 --> 00:01:40,640 weekend somebody got to him and he came out this 20 00:01:40,799 --> 00:01:44,719 morning and said, Epstein File's fine, let's release them all. 21 00:01:44,840 --> 00:01:48,400 Vote for the as vote for the whole thing. Everybody. Yes, 22 00:01:48,439 --> 00:01:54,640 it's just fine. So I don't even know where to 23 00:01:54,680 --> 00:01:58,280 begin with something like this. Adam Horowitz is one of 24 00:01:58,319 --> 00:02:01,400 the attorneys. There's a whole bunch of attorneys talking that 25 00:02:01,560 --> 00:02:07,879 are label to ask lawyers for the victims, and he's 26 00:02:07,959 --> 00:02:09,840 one of them. Let's see what he has to say. 27 00:02:10,439 --> 00:02:14,039 Speaker 2: Yeah, this is quite a dramatic turn by the presidents. 28 00:02:14,520 --> 00:02:17,080 Big a change as you'll see him make. And but 29 00:02:17,199 --> 00:02:20,960 let's be clear, the alternative would have been worse for him. 30 00:02:21,039 --> 00:02:24,800 He would have been facing a sharp rebuke from Republican 31 00:02:25,360 --> 00:02:29,159 congress members, so it was probably a necessary move for 32 00:02:29,240 --> 00:02:33,280 him to make. But we're glad to see that he 33 00:02:33,400 --> 00:02:36,360 is in support of this bill, and hopefully some more 34 00:02:36,400 --> 00:02:38,560 records will soon see the light of the day, because 35 00:02:38,599 --> 00:02:41,240 one of the things that the clients that I'm speaking 36 00:02:41,280 --> 00:02:45,000 with want to see is politics taken out of the equation. 37 00:02:46,000 --> 00:02:49,479 A crime is a crime, no matter your party, and 38 00:02:49,599 --> 00:02:53,000 victims do not want this turned into a political weapon. 39 00:02:53,479 --> 00:02:57,199 They simply want justice. And yet almost every statement from 40 00:02:57,199 --> 00:03:01,319 this president and his administration has injected politics into the issue, 41 00:03:02,159 --> 00:03:05,879 falsely at times calling it a Democrat hoax, a scam, 42 00:03:06,360 --> 00:03:10,759 and even attacking his own supporters for demanding accountability. So 43 00:03:10,960 --> 00:03:14,879 that's what victims don't want. Our clients come from every background. 44 00:03:14,919 --> 00:03:19,400 I represent abuse survivors, where Democrats or Republicans, they don't 45 00:03:19,400 --> 00:03:22,280 want this turned into a political football in which only 46 00:03:22,319 --> 00:03:26,280 the president's opponents become the target of a criminal investigation. 47 00:03:26,520 --> 00:03:29,240 President now calling for the release of records, and at 48 00:03:29,240 --> 00:03:32,759 the same breath he's asking the Attorney in general to 49 00:03:32,800 --> 00:03:36,199 investigate certain people, and it could be turned into a 50 00:03:36,199 --> 00:03:41,120 situation where the Attorney General says, well, well, we can investigate, 51 00:03:41,159 --> 00:03:44,199 but we can't release the records. And so that is 52 00:03:44,199 --> 00:03:46,520 a bit of a concern. It's difficult to know if 53 00:03:46,520 --> 00:03:50,400 we'll get the full accounting. And what clients want above 54 00:03:50,439 --> 00:03:54,680 all else is transparency. They want the public to finally 55 00:03:54,719 --> 00:03:58,800 see how law enforcement failed them and how Epstein and 56 00:03:58,879 --> 00:04:02,080 his accomplices received preferential treatments. 57 00:04:02,400 --> 00:04:05,080 Speaker 1: Well, so he bills himself as one of the one 58 00:04:05,120 --> 00:04:08,039 of the lawyers representing the victims. There's a lot of 59 00:04:08,080 --> 00:04:11,280 victims in the Epstein story. But I don't think this 60 00:04:11,360 --> 00:04:14,680 guy knows what he's talking about. He says, yeah, my 61 00:04:15,280 --> 00:04:20,480 clients want to make sure that this isn't a political football. Well, 62 00:04:20,519 --> 00:04:23,040 and to get politics out of it. That's not going 63 00:04:23,120 --> 00:04:26,600 to happen. It's full of politics. And as far as 64 00:04:26,680 --> 00:04:29,680 whether you think you're going to get all the information, 65 00:04:30,279 --> 00:04:34,800 how do you know. Well, here's another attorney who bills 66 00:04:34,839 --> 00:04:40,680 himself as a victim attorney. His name is Naima Ramini. 67 00:04:41,519 --> 00:04:44,720 Speaker 3: Here's what he has to say, Pamela Will under the 68 00:04:44,879 --> 00:04:49,199 Epstein files transparency. The House is trying to get everything 69 00:04:49,240 --> 00:04:52,000 that the Department of Justice has, and let's be honest here, 70 00:04:52,120 --> 00:04:56,240 the DOJ can choose to release these files at any time. 71 00:04:56,319 --> 00:04:59,319 There are some restrictions, of course, for grand jury material 72 00:04:59,639 --> 00:05:03,360 and for material that identifies victims of sex abuse, but 73 00:05:03,720 --> 00:05:06,519 these are privileges that the Department of Justice has, the 74 00:05:06,600 --> 00:05:10,759 law enforcement privileges, the deliberative process privilege, executive privilege. They 75 00:05:10,759 --> 00:05:13,319 can waive that at any moment and release the files. 76 00:05:13,360 --> 00:05:17,879 But if they produce everything to Congress, I expect that 77 00:05:17,959 --> 00:05:22,160 to include everything, the judicial files, the terabytes of data 78 00:05:22,160 --> 00:05:25,000 that were discussed in the Gelane Maxwell case, the Virginia 79 00:05:25,079 --> 00:05:28,160 ju Free civil case. And I think if Congress does 80 00:05:28,199 --> 00:05:30,519 have everything, we're going to see a lot more. 81 00:05:30,319 --> 00:05:32,399 Speaker 4: Than the emails that were released last week. 82 00:05:33,000 --> 00:05:35,519 Speaker 3: Potentially YUS and we know the US Attorney's Office in 83 00:05:35,560 --> 00:05:39,199 the Southern District of New York, Attorney US Attorney Clayton 84 00:05:39,240 --> 00:05:40,399 is going to lead that investigation. 85 00:05:40,560 --> 00:05:41,240 Speaker 4: But let's not forget. 86 00:05:41,240 --> 00:05:43,800 Speaker 3: But just in July, the dj issued its memos saying 87 00:05:43,920 --> 00:05:48,040 there's no basis to charge anyone else related to the 88 00:05:48,120 --> 00:05:51,399 Jeffrey Epstein sex abuse So that would be a one 89 00:05:51,439 --> 00:05:53,560 to eighty not just for President Trump, but for the 90 00:05:53,639 --> 00:05:57,560 DOJ itself. And when you're talking about a legal case, 91 00:05:57,639 --> 00:06:01,160 you need more than what's in the Epstein file, those emails, 92 00:06:01,240 --> 00:06:05,000 or even Virginia Jiuffre's memoir. For a criminal prosecution, or 93 00:06:05,040 --> 00:06:07,279 even a civil case for that matter, you're going to 94 00:06:07,360 --> 00:06:12,279 need a ready, willing and able victim. And unless someone 95 00:06:12,360 --> 00:06:17,199 comes forward and accuses anyone of sex abuse and that 96 00:06:17,240 --> 00:06:20,639 person is willing to testify a trial, everything that we've 97 00:06:20,680 --> 00:06:25,040 seen it's hearsay. And under the confrontation Clause of the Constitution, 98 00:06:25,439 --> 00:06:28,000 anyone who's accused of criminal defender, they have a right 99 00:06:28,040 --> 00:06:30,959 to cross examine their accusers. So we're going to need 100 00:06:31,040 --> 00:06:33,319 more than the evidence that we've been talking about, whether 101 00:06:33,360 --> 00:06:37,720 it's emails, whether it's videos, to actually pursue a prosecution 102 00:06:38,000 --> 00:06:40,319 against anyone. Everything we've seen so far is more for 103 00:06:40,399 --> 00:06:42,959 the court of public opinion than evidence that can actually 104 00:06:43,000 --> 00:06:44,199 be introduced in the court room. 105 00:06:44,680 --> 00:06:46,759 Speaker 1: Now, I think this guy hit the nail on the head, 106 00:06:47,519 --> 00:06:50,040 even though he's representing victims. In other words, why I 107 00:06:50,040 --> 00:06:53,000 have never understood, and I'm sure there's probably some liability 108 00:06:53,040 --> 00:06:55,879 reasons for it. Why don't the victims come out and 109 00:06:56,000 --> 00:07:01,800 name names and say, Joe Doe, here's his name, he 110 00:07:03,720 --> 00:07:07,720 raped me when I was under age, Name names. What 111 00:07:07,800 --> 00:07:10,839 have they been waiting for? And so this guy says, 112 00:07:11,399 --> 00:07:16,279 all this releasing files and emails isn't going to get 113 00:07:16,319 --> 00:07:22,600 anybody anywhere unless one of these victims comes forward and 114 00:07:22,759 --> 00:07:27,759 is willing to testify under oath exactly what it was 115 00:07:27,839 --> 00:07:33,199 that happened to her and name names. So there's a 116 00:07:33,279 --> 00:07:37,279 lot of hubbub about the big vote tomorrow about the 117 00:07:38,680 --> 00:07:42,040 you know, there's obviously people are covering up the DOJ 118 00:07:42,199 --> 00:07:45,040 said no, nobody did, no, nothing to see here, and 119 00:07:45,079 --> 00:07:48,240 now they're going, oh, yes, we're all over this investigation. 120 00:07:48,519 --> 00:07:53,279 So it's they're playing games, and none of that is 121 00:07:53,319 --> 00:07:56,720 going to lead to a prosecution of any pedophile out 122 00:07:56,720 --> 00:08:01,759 there unless a victim is willing to testify under oath. 123 00:08:02,279 --> 00:08:06,160 And speaking of court battles, there is the President is 124 00:08:06,240 --> 00:08:12,279 now going to sue the BBC, and I actually don't 125 00:08:12,279 --> 00:08:13,920 blame him. I mean, there were some of that when 126 00:08:14,079 --> 00:08:17,480 he went after CBS and ABC, and I kind of 127 00:08:17,920 --> 00:08:20,399 the one thing that we do have in this country 128 00:08:21,040 --> 00:08:25,399 is the Person Amendment and the media due to case law. 129 00:08:25,480 --> 00:08:29,639 There's a famous case Sullivan versus New York Times that 130 00:08:29,800 --> 00:08:35,399 basically said the media may get it wrong, but they 131 00:08:35,559 --> 00:08:37,919 have as long as there's not malice, as long as 132 00:08:37,919 --> 00:08:41,120 they're not trying to harm you on purpose and they 133 00:08:41,159 --> 00:08:43,679 say something bad about you, you can't sue the media. 134 00:08:44,559 --> 00:08:47,600 So I did not think that Trump was going to 135 00:08:47,600 --> 00:08:51,559 be successful in going against CBS or ABC, but both 136 00:08:51,600 --> 00:08:56,960 of those companies capitulated and wrote a big check. This 137 00:08:57,120 --> 00:09:03,279 is different. This is the BBC clearly distorting what the 138 00:09:03,320 --> 00:09:08,879 President said on the mall on January sixth and tried 139 00:09:08,919 --> 00:09:12,559 to make it look like he was trying to say 140 00:09:12,600 --> 00:09:15,679 something different to the people that were there than what 141 00:09:15,759 --> 00:09:22,879 he actually said. Let's start with what the BBC put 142 00:09:23,639 --> 00:09:25,559 out for the public to consume. 143 00:09:26,480 --> 00:09:30,279 Speaker 5: We're gonna walk down to the Capitol, then I'll be 144 00:09:30,360 --> 00:09:31,000 there with you. 145 00:09:31,960 --> 00:09:32,600 Speaker 1: And we fight. 146 00:09:33,480 --> 00:09:36,200 Speaker 4: We fight like hell, and if you don't fight like hell, 147 00:09:36,480 --> 00:09:38,240 you're not going to have a country anymore. 148 00:09:38,120 --> 00:09:41,039 Speaker 1: We're the that's the parts of the BBC. They took 149 00:09:42,080 --> 00:09:45,000 part of what Donald Trump said and then almost an 150 00:09:45,000 --> 00:09:48,360 hour later, what he also said and put them together 151 00:09:48,720 --> 00:09:50,919 to what you just heard to make it sound like 152 00:09:51,000 --> 00:09:54,080 he was trying to get the crowd to go and fight, fight, 153 00:09:54,159 --> 00:09:57,440 fight at the Capitol. This is what he actually said. 154 00:09:57,480 --> 00:10:00,480 Speaker 4: We're gonna walk down to the Capitol. 155 00:10:03,120 --> 00:10:07,120 Speaker 1: And we're going to cheer on our brave senators and 156 00:10:07,720 --> 00:10:11,039 congressmen and women, and we're probably not going to be 157 00:10:11,159 --> 00:10:11,919 cheering so. 158 00:10:11,960 --> 00:10:14,080 Speaker 4: Much for some of them. 159 00:10:14,279 --> 00:10:18,360 Speaker 1: So they literally edited his speech to it was an 160 00:10:18,399 --> 00:10:21,759 hour long. They took apart from the beginning, and they 161 00:10:21,759 --> 00:10:24,039 took some of it from near the end. They put 162 00:10:24,080 --> 00:10:29,039 him together, and it cannoted a totally different message than 163 00:10:29,120 --> 00:10:33,120 what he actually said. Why they did that on purpose, 164 00:10:33,759 --> 00:10:37,039 I don't know. All of us in the media, we 165 00:10:37,120 --> 00:10:40,240 are limited by time and so many times we will 166 00:10:40,440 --> 00:10:44,320 clip out things that are extraneous. But that was putting 167 00:10:44,440 --> 00:10:48,480 two messages together that were totally different and gave a 168 00:10:48,519 --> 00:10:51,919 totally different view of what the President said. Back on 169 00:10:52,000 --> 00:10:58,080 January sixth. It was an edit done on purpose. Jonathan Turley, 170 00:10:58,879 --> 00:11:02,519 the constitutional law professor, reacted this way. 171 00:11:04,440 --> 00:11:06,960 Speaker 6: Well, there's no question that President is right that this 172 00:11:07,159 --> 00:11:10,960 was misleading. It's also very difficult to see how anyone 173 00:11:11,200 --> 00:11:15,879 editing those tapes could have believed that this represented what 174 00:11:16,120 --> 00:11:19,559 the President actually said. He made two points that were deleted. 175 00:11:19,960 --> 00:11:23,000 One is we're going to go peacefully to Capitol Hill, 176 00:11:23,200 --> 00:11:26,080 and second, the purpose was to cheer on our allies. 177 00:11:26,320 --> 00:11:30,960 Those would seem rather material points for any legitimate news organization. 178 00:11:31,440 --> 00:11:35,480 I'll remind you, John that the January sixth Committee routinely 179 00:11:35,519 --> 00:11:38,480 did the same thing that in every one of their hearings. 180 00:11:38,639 --> 00:11:41,919 They removed these lines when the public was listening to 181 00:11:41,960 --> 00:11:46,720 the president, and that was also obviously intentional. The problem 182 00:11:46,840 --> 00:11:51,080 is the legal standard. The irony is that the better 183 00:11:51,120 --> 00:11:54,879 place to file would be the United Kingdom. It's easier 184 00:11:54,919 --> 00:11:58,480 to bring a defamation case there, but this case is 185 00:11:58,480 --> 00:12:02,159 probably a bit too late to file over in London, 186 00:12:02,720 --> 00:12:05,840 so they're likely to file here in the United States. 187 00:12:06,399 --> 00:12:09,320 But we have a much more protective standard for the 188 00:12:09,399 --> 00:12:13,320 media and for free speech under what's called the actual 189 00:12:13,399 --> 00:12:19,159 malice standard. In a case called New York Times versus Sullivan. Well, 190 00:12:19,200 --> 00:12:22,240 first of all, those earlier settlements came in cases that 191 00:12:22,320 --> 00:12:25,440 themselves would have been quite challenging. The case against CBS, 192 00:12:25,480 --> 00:12:28,960 I think would have been very challenging in court. This 193 00:12:29,000 --> 00:12:34,039 one will be also challenging because BBC can argue that, look, 194 00:12:34,120 --> 00:12:37,679 we messed up. We admitted it. It was bad editing, 195 00:12:38,240 --> 00:12:41,320 but this was not actual malice that. In fact, what 196 00:12:41,480 --> 00:12:43,720 the editor was trying to do is capture what the 197 00:12:43,919 --> 00:12:47,679 editor believed was the thrust of his comments, and that 198 00:12:47,879 --> 00:12:50,159 was to get stir up the crowd and frankly, get 199 00:12:50,159 --> 00:12:52,759 them angry. The question is where the court and the 200 00:12:52,919 --> 00:12:56,399 jury will accept that. The court may be very concerned 201 00:12:56,440 --> 00:13:00,399 about the constitutional implications here. The Supreme Court in New 202 00:13:00,440 --> 00:13:03,240 York Times versus Sullivan said it wanted to give some 203 00:13:03,360 --> 00:13:07,120 breathing room for media organizations because of the role they 204 00:13:07,200 --> 00:13:10,440 play under the First Amendment. The BBC is going to 205 00:13:10,440 --> 00:13:13,440 be relying greatly on that breathing room. 206 00:13:13,960 --> 00:13:17,919 Speaker 1: Another defense lawyer, Donna Rotundo, also weighed in on this 207 00:13:18,840 --> 00:13:20,279 lawsuit against the BBC. 208 00:13:21,000 --> 00:13:22,519 Speaker 7: There, it's a lot of money, and I think you 209 00:13:22,600 --> 00:13:25,240 have to look at the premise first, right, the president's 210 00:13:25,279 --> 00:13:29,320 premise of suing the BBC is because journalism and the 211 00:13:29,399 --> 00:13:32,639 media should be fair and should be honest, and so 212 00:13:32,799 --> 00:13:35,720 I think the honesty aspect here is really what's driving this. 213 00:13:36,000 --> 00:13:39,200 What they did, and splicing that video made it sound 214 00:13:39,320 --> 00:13:41,919 like the intent of his words was completely different than 215 00:13:41,960 --> 00:13:43,799 what it was. So at the end of the day, 216 00:13:43,879 --> 00:13:46,960 the intent in this lawsuit is correct. Again, I don't 217 00:13:47,000 --> 00:13:49,480 think this has anything to do with the amount of money, 218 00:13:49,679 --> 00:13:53,200 but the amount of money shows how serious this is. 219 00:13:53,480 --> 00:13:56,799 So when the President throws these huge numbers out there, 220 00:13:57,080 --> 00:14:00,960 I think that's because he wants the public and the 221 00:14:01,000 --> 00:14:04,440 media companies to say she's serious, and we have to 222 00:14:04,480 --> 00:14:07,200 be serious about what we're doing. And obviously these big 223 00:14:07,320 --> 00:14:10,240 numbers are what make all of us stop and listened. Lee, 224 00:14:10,320 --> 00:14:12,879 I think what this show is a pattern, and I 225 00:14:12,879 --> 00:14:17,080 think hopefully media companies are learning from the others when 226 00:14:17,120 --> 00:14:20,080 these things happen. Look at what happened at CBS the 227 00:14:20,080 --> 00:14:23,320 President's suit CBS. CBS has had a major overhaul in 228 00:14:23,320 --> 00:14:26,320 the last several months, and so maybe people are paying attention. 229 00:14:26,759 --> 00:14:29,279 Speaker 1: Yeah, I think the media companies are paying attention. But 230 00:14:29,759 --> 00:14:32,080 the BBC one was agregious and the two top people 231 00:14:32,120 --> 00:14:35,120 there stepped down the woman in charge of the news 232 00:14:35,159 --> 00:14:37,440 for the BBC. She used to be the head of 233 00:14:37,519 --> 00:14:42,039 news for NBC here in the United States. Just so 234 00:14:42,320 --> 00:14:45,519 the media across the board. First of all, they don't 235 00:14:45,559 --> 00:14:48,440 like Donald Trump and general because most of them are Democrats, 236 00:14:49,440 --> 00:14:53,240 but they're going to have to pay attention to basic 237 00:14:53,360 --> 00:14:58,360 journalism of get it right, regardless of your personal feelings. 238 00:15:00,000 --> 00:15:07,279 Any stories gambling. The NBA gambling investigation is underway. Story 239 00:15:08,039 --> 00:15:12,039 came out about the Los Angeles Lakers have been asked 240 00:15:12,080 --> 00:15:16,360 to turn in their phones to the investigators. Apparently it's 241 00:15:16,399 --> 00:15:20,399 more than just the Lakers. There are other NBA teams 242 00:15:20,440 --> 00:15:23,759 as well that have been asked to turn in their 243 00:15:23,759 --> 00:15:26,519 phone so that investigators can go through their phones looking 244 00:15:26,559 --> 00:15:33,799 for gambling. Michelle Tafoya used to be sideline reporter on football. 245 00:15:34,519 --> 00:15:39,320 She weighed in about sports and gambling and the problems 246 00:15:39,759 --> 00:15:41,440 that appeared to be growing. 247 00:15:42,039 --> 00:15:43,679 Speaker 8: Well, the way to correct it is going to be 248 00:15:43,840 --> 00:15:46,919 very probably unlikable to a lot of fans. But I 249 00:15:47,039 --> 00:15:49,519 find now whenever I've got whether it's a college basketball 250 00:15:49,559 --> 00:15:52,039 game or an NBA game on the TV, and someone 251 00:15:52,080 --> 00:15:54,639 misses a shot, it goes through my mind, do they 252 00:15:54,639 --> 00:15:57,159 mean to miss that shot or they turn the ball over. 253 00:15:57,279 --> 00:15:59,240 It goes through my mind, did they mean to turn 254 00:15:59,279 --> 00:16:01,639 the ball over. I think that's the real danger for 255 00:16:01,679 --> 00:16:04,879 these sports. What they're looking for with these NBA documents, 256 00:16:04,879 --> 00:16:07,919 I believe is you've got to have your injury report 257 00:16:08,000 --> 00:16:11,639 publicized five pm Eastern time on a game day, one 258 00:16:11,679 --> 00:16:14,279 pm Eastern time on the second game of a back 259 00:16:14,320 --> 00:16:18,080 to back. Those are firm times, and the reason is 260 00:16:18,120 --> 00:16:21,559 they want to minimize or at least maximize transparency of 261 00:16:21,600 --> 00:16:24,320 who's going to be playing, who's injured, who's ill, whatever 262 00:16:24,360 --> 00:16:27,440 the case may be, and so those deadlines are very stringent. 263 00:16:27,440 --> 00:16:30,240 I would imagine that paperwork. Now, look, if I know 264 00:16:30,840 --> 00:16:32,720 Lebron's not going to play, and I know it two 265 00:16:32,799 --> 00:16:36,000 days before the game, before that report has been published, 266 00:16:36,240 --> 00:16:38,759 now I've got insider information, and I can place a 267 00:16:38,840 --> 00:16:41,799 bet with information that nobody else knows. So I think 268 00:16:41,799 --> 00:16:44,000 they're going to look through all these injury reports, the 269 00:16:44,039 --> 00:16:46,159 things that were filed, the things that are very important 270 00:16:46,159 --> 00:16:48,879 to the NBA to keep this game clean, and compare 271 00:16:48,960 --> 00:16:51,919 that with some of the performances of these players or 272 00:16:52,080 --> 00:16:55,480 the betting patterns of the betters out there. I think 273 00:16:55,480 --> 00:16:57,159 you're right We're never going to get out of this 274 00:16:57,679 --> 00:17:02,440 unless there's some really austere measure like stop prop bets, 275 00:17:03,080 --> 00:17:05,400 maybe altogether, but it's going to it's going to be 276 00:17:05,400 --> 00:17:09,039 painful because the amount of money this gambling generates. This 277 00:17:09,119 --> 00:17:12,079 is why they do it, right, follow the money. It 278 00:17:12,160 --> 00:17:15,000 is so lucrative, all of this betting, and it keeps 279 00:17:15,039 --> 00:17:17,920 people's eyes on the televisions or the streaming or whatever. 280 00:17:18,039 --> 00:17:20,640 They're no longer just cheering for the Lakers. They're cheering 281 00:17:20,680 --> 00:17:23,160 for prop bets. They're cheering for the San Antonio Spurs 282 00:17:23,160 --> 00:17:26,279 prop bets, and the Boston Celtics and every college game 283 00:17:26,319 --> 00:17:29,279 in America. So those keep the eyeballs on the game. 284 00:17:29,319 --> 00:17:32,160 Those keep the ratings sort of where they want them. 285 00:17:32,559 --> 00:17:36,160 All of this generates money, and that's what it's all about. 286 00:17:36,160 --> 00:17:38,839 And I hate to make it that simple, but unfortunately 287 00:17:38,960 --> 00:17:42,640 it's going to You're going to have fans really lose 288 00:17:42,680 --> 00:17:44,599 their faith in the game, and that's going to ruin things. 289 00:17:44,680 --> 00:17:49,279 Speaker 1: Yeah, so let's review the chances of getting gambling out 290 00:17:49,359 --> 00:17:55,400 of sports. I think is they'll temporarily behave, but you're 291 00:17:55,400 --> 00:17:57,839 not going to They've had gambling in sports for as 292 00:17:57,880 --> 00:18:02,480 long as there's been gambling and or sports. And to 293 00:18:02,559 --> 00:18:06,279 go back to the whole business about the Justice Department's 294 00:18:06,319 --> 00:18:10,920 going to release all of the Epstein files because Congress 295 00:18:10,920 --> 00:18:13,200 told him to. I don't that's not going to happen either. 296 00:18:13,319 --> 00:18:17,079 But those are just my opinions on all of this. 297 00:18:17,880 --> 00:18:23,160 Speaking of money. How about that dirty word, which also 298 00:18:23,279 --> 00:18:25,160 is all of a sudden a big one to eighty. 299 00:18:25,480 --> 00:18:27,839 The President said, stop talking about affordability. 300 00:18:27,839 --> 00:18:28,400 Speaker 4: That's a hope. 301 00:18:28,440 --> 00:18:31,119 Speaker 1: It's a Democrat thing. And now all of a sudden, 302 00:18:31,200 --> 00:18:36,799 everybody's out talking about affordability. Here's the Treasury Secretary, Scott Pessant. 303 00:18:36,839 --> 00:18:40,640 Speaker 9: So we inherited this terrible inflation. We are flattening it out. 304 00:18:40,680 --> 00:18:43,519 The real thing that is going to happen that is 305 00:18:43,640 --> 00:18:48,640 going to give Americans real purchasing power increases. It's going 306 00:18:48,680 --> 00:18:49,880 to be through growth. 307 00:18:50,200 --> 00:18:54,359 Speaker 1: Well he's right, but that's not going to make people 308 00:18:54,400 --> 00:18:57,920 feel warm and cuddly about their economy. It doesn't matter 309 00:18:58,000 --> 00:19:00,839 about the CPI or the gen or any of that 310 00:19:00,920 --> 00:19:03,359 comes down to how do you feel, how does your 311 00:19:03,480 --> 00:19:06,880 wallet feel at the end of the month. Kevin has it. 312 00:19:07,039 --> 00:19:10,119 I think there's a much better job than anybody on 313 00:19:10,440 --> 00:19:13,839 explaining what the problem is and he says the problem 314 00:19:14,680 --> 00:19:18,119 was baked in during the Biden years and that we 315 00:19:18,240 --> 00:19:21,480 haven't quite recovered yet. Well, I mean, for sure, people 316 00:19:21,640 --> 00:19:24,440 still are trying to dig out from the big hole 317 00:19:24,519 --> 00:19:27,920 that was dug by the previous administration's policy. So if 318 00:19:27,920 --> 00:19:32,599 you figure the typical mortgage, monthly mortgage payment about doubled. 319 00:19:33,319 --> 00:19:35,519 If you look at a typical bag of groceries, the 320 00:19:35,519 --> 00:19:38,319 monthly bag of groceries cost about four hundred dollars when 321 00:19:38,319 --> 00:19:42,640 President Trump was leaving office last time, and about five 322 00:19:42,720 --> 00:19:47,079 hundred and twelve dollars right about when President Trump took office. 323 00:19:47,079 --> 00:19:49,359 And since then it's gone up almost not at all. 324 00:19:49,400 --> 00:19:51,400 Speaker 10: I think it's like five hundred and fifteen dollars, but 325 00:19:51,440 --> 00:19:53,799 it hasn't gone back to four hundred dollars. And so 326 00:19:53,960 --> 00:19:56,079 what the Democrats are doing is they're saying that this 327 00:19:56,519 --> 00:20:01,599 runaway spending that we gave you guys, it created runaway inflation, 328 00:20:01,880 --> 00:20:05,039 is one hundred percent your fault because you haven't fixed 329 00:20:05,079 --> 00:20:07,839 it already. And of course that's very economically illiterate, and 330 00:20:07,880 --> 00:20:10,119 I don't think really many people in markets are buying it. 331 00:20:11,240 --> 00:20:13,440 A more precise way to say it, though, is that 332 00:20:13,559 --> 00:20:16,680 purchasing power has gone up that so real wages that's 333 00:20:16,880 --> 00:20:19,640 w divided bip for our technical people of the audience 334 00:20:19,920 --> 00:20:22,000 have gone up by about twelve hundred dollars this year. 335 00:20:22,279 --> 00:20:24,160 So the way to think about it is that we've 336 00:20:24,359 --> 00:20:26,920 dug a three thousand dollars hole because of Biden policies, 337 00:20:27,000 --> 00:20:29,799 and we've you know, gained twelve hundred dollars on the 338 00:20:29,799 --> 00:20:32,400 way out already, which should give you a great deal 339 00:20:32,400 --> 00:20:34,599 of hope for the future that the wage increases that 340 00:20:34,599 --> 00:20:38,759 we're seeing will continue and even if inflation stays positive. 341 00:20:38,880 --> 00:20:40,599 Make it so that people feel way better when they 342 00:20:40,599 --> 00:20:42,720 go to the grocery store and to buy a car. 343 00:20:42,799 --> 00:20:45,000 You know, we've reduced the cost to buy a car 344 00:20:45,119 --> 00:20:47,839 with the deductibility of interests. I mean, there's a million 345 00:20:47,880 --> 00:20:50,319 things that we're doing to fix this problem, but it's 346 00:20:50,359 --> 00:20:53,880 just kind of astonishing to be that the cost problem 347 00:20:53,920 --> 00:20:56,599 is somehow being blamed on us. Now think about it, 348 00:20:56,680 --> 00:20:59,400 especially with the Obamacare thing. So Obamacare is one hundred 349 00:20:59,400 --> 00:21:03,960 percent democratic policy. It's always about one hundred percent democratic policy. 350 00:21:04,000 --> 00:21:07,880 What they did is they expanded the subsidies during COVID, 351 00:21:08,279 --> 00:21:10,640 and then all those subsidies basically went right into the 352 00:21:10,680 --> 00:21:16,160 pockets of insurance companies, and Obamacare insurance policies have doubled 353 00:21:16,279 --> 00:21:20,200 in price relative to normal policies, and so the fastest 354 00:21:20,200 --> 00:21:23,400 inflation in the economy is these big government subsidies thrown 355 00:21:23,440 --> 00:21:26,200 at Obamacare insurance. Think about it's kind of like if 356 00:21:26,240 --> 00:21:29,559 you give lots of student loans, then the tuition goes up. 357 00:21:29,839 --> 00:21:32,920 It's that effect. And so now they're blaming President Trump 358 00:21:32,920 --> 00:21:35,160 for Obamacare as well. They should have fixed Obamacare in 359 00:21:35,200 --> 00:21:37,799 the first place. And President Trump had a plan in 360 00:21:37,839 --> 00:21:41,039 the Big Beautiful Bill to give people some subsidies, but 361 00:21:41,039 --> 00:21:43,200 the Democrats didn't like it because the subsidies weren't going 362 00:21:43,200 --> 00:21:46,000 to their campaign contributors, the insurance companies. 363 00:21:46,400 --> 00:21:50,160 Speaker 1: So another hitdch Andnapping moment over the weekend was they 364 00:21:50,240 --> 00:21:52,640 have done away with a lot of the tariffs or 365 00:21:52,680 --> 00:21:55,960 reduced a lot of the tariffs affecting anything at the 366 00:21:55,960 --> 00:22:01,440 grocery store. So food tariffs substantially reduced or done away with, 367 00:22:02,160 --> 00:22:07,200 which is again basically proving the point that tariffs do 368 00:22:07,359 --> 00:22:09,240 lead to higher prices. 369 00:22:09,680 --> 00:22:10,839 Speaker 4: Well, first, this is nothing new. 370 00:22:10,880 --> 00:22:12,559 Speaker 10: If you go through all of the trade deals that 371 00:22:12,559 --> 00:22:14,720 we've been doing all the way through, then there have 372 00:22:14,759 --> 00:22:17,480 been things that we decided it was prudent based on 373 00:22:17,519 --> 00:22:21,359 the economics of supply deband to exempt. And one of 374 00:22:21,400 --> 00:22:24,319 those things that we've been exempting all along is something 375 00:22:24,319 --> 00:22:26,119 that we don't make in the US, will never make 376 00:22:26,160 --> 00:22:28,279 in the US, or almost ever. I know that in 377 00:22:28,319 --> 00:22:32,039 Hawaii they make some coffee and so on. Shoring that 378 00:22:32,079 --> 00:22:35,200 production really doesn't make sense. It's not part of our strategy. 379 00:22:35,440 --> 00:22:37,519 And what the President just did with food is decided 380 00:22:37,559 --> 00:22:40,160 to make like a blanket movement so that we weren't 381 00:22:40,160 --> 00:22:42,920 going through each deal and picking this and that. Well, 382 00:22:43,160 --> 00:22:45,440 it was done very quietly, but they have done away 383 00:22:45,480 --> 00:22:48,559 with a lot of the tariffs that affect prices at 384 00:22:48,599 --> 00:22:53,240 the grocery store. So this affordability issue is catching the 385 00:22:53,240 --> 00:22:55,960 attention of the White House. At first, the President was 386 00:22:56,440 --> 00:23:00,440 saying no. Now, obviously they're doing something about it. As 387 00:23:00,480 --> 00:23:06,640 far as the love affair for Democrats or Republicans or 388 00:23:06,680 --> 00:23:11,119 the not love affair, Harry Anton has the very latest 389 00:23:11,119 --> 00:23:15,240 about how politics are shaking out from the latest news. 390 00:23:15,480 --> 00:23:18,240 Speaker 5: Yeah, Democrats are in a considerably better position than they 391 00:23:18,240 --> 00:23:20,720 were just four weeks ago. What are we talking about here? Okay, 392 00:23:20,799 --> 00:23:23,359 chance of winning the House in twenty twenty six prediction 393 00:23:23,480 --> 00:23:23,960 market outs. 394 00:23:24,079 --> 00:23:24,480 Speaker 4: Look at this. 395 00:23:24,519 --> 00:23:27,200 Speaker 5: In October twentieth the Dems were ahead, but they had 396 00:23:27,240 --> 00:23:28,079 just a fifty. 397 00:23:27,799 --> 00:23:30,200 Speaker 4: Six percent chance of taking the House. Look at where we. 398 00:23:30,160 --> 00:23:33,440 Speaker 5: Are now up to a seventy two percent chance. So 399 00:23:34,000 --> 00:23:37,440 Democrats and Republicans were quite competitive four weeks ago, and 400 00:23:37,559 --> 00:23:40,680 now Democrats have taken the bull by the horns. They 401 00:23:40,799 --> 00:23:43,839 are more than a seven to ten chance of taking 402 00:23:43,920 --> 00:23:45,920 the House in twenty twenty. 403 00:23:45,640 --> 00:23:47,279 Speaker 4: Six, according to the prediction market. 404 00:23:47,279 --> 00:23:47,400 Speaker 2: Od. 405 00:23:47,519 --> 00:23:49,319 Speaker 4: Yeah, it makes a thing exactly right. 406 00:23:49,359 --> 00:23:51,400 Speaker 5: Why are those who are putting their money on the line, 407 00:23:51,440 --> 00:23:54,200 what are they seeing that's making them change the mind? Hmmm, 408 00:23:54,559 --> 00:23:56,920 maybe Democrats have a better chance than we thought. Well, 409 00:23:56,920 --> 00:23:59,240 one of them just comes down to redistricting, right, We 410 00:23:59,279 --> 00:24:03,440 have been talking about this mid decade redistricting gains, and 411 00:24:03,480 --> 00:24:06,680 this is the mid mid decade redistricting gains. You know, 412 00:24:06,720 --> 00:24:09,119 if each sideed maxtowt we were talking about a Republican 413 00:24:09,119 --> 00:24:12,440 gain of seven seats. But right now the projection based 414 00:24:12,519 --> 00:24:15,359 upon current gates is actually a Republican gain of just 415 00:24:15,599 --> 00:24:16,160 one seat. 416 00:24:16,160 --> 00:24:17,599 Speaker 4: We're just talking about one seat. 417 00:24:17,920 --> 00:24:20,400 Speaker 5: These numbers of seats, I wouldn't actually be surprised if 418 00:24:20,440 --> 00:24:23,880 this flips over the Democratic side based upon what may 419 00:24:23,920 --> 00:24:27,119 be happening in Virginia, and maybe Democrats are actually the 420 00:24:27,119 --> 00:24:30,759 ones who benefit from the mid decade redistricting gains. They 421 00:24:30,759 --> 00:24:33,519 could be the ones gaining seats instead of Republicans by 422 00:24:33,640 --> 00:24:36,480 just one seat at this particular point, way south of 423 00:24:36,519 --> 00:24:37,279 where we thought it. 424 00:24:37,279 --> 00:24:37,799 Speaker 4: Was going to be. 425 00:24:37,880 --> 00:24:40,759 Speaker 5: We thought Republicans we'd been picking up five, six, seven seats. 426 00:24:41,000 --> 00:24:42,359 Speaker 4: Uh huh, no longer the case. 427 00:24:42,400 --> 00:24:44,640 Speaker 5: You get Texas, but it's canceled out by California, Then 428 00:24:44,680 --> 00:24:46,960 you get North Carolina, but that's canceled out by Utah. 429 00:24:47,119 --> 00:24:49,680 So the bottom line is Democrats are doing considerably better 430 00:24:49,880 --> 00:24:53,200 than we thought in terms of these mid decade redistrictists. Yeah, okay, 431 00:24:53,240 --> 00:24:55,079 So the other thing that's going on is it's not 432 00:24:55,160 --> 00:24:57,920 just the redistricting. It turns out that Democrats are doing 433 00:24:58,039 --> 00:25:00,799 better in the polls. So let's take a look, right, okay, 434 00:25:00,839 --> 00:25:04,039 Dems versus the GOP on the generic congressional ball The 435 00:25:04,119 --> 00:25:07,480 dem lead has widened. It is widened. So a month ago, 436 00:25:07,519 --> 00:25:10,680 Democrats were a head by three. Now they're ahead by 437 00:25:10,839 --> 00:25:13,839 five in my aggregate of polls, and more than the 438 00:25:13,920 --> 00:25:17,079 nearly doubling of the lead that Democrats have. We of 439 00:25:17,119 --> 00:25:21,039 course had an election right and Dems outperformed their polls 440 00:25:21,240 --> 00:25:22,640 in New Jersey and Virginia. 441 00:25:22,680 --> 00:25:24,640 Speaker 4: So I think that is also playing a role here. 442 00:25:24,720 --> 00:25:26,680 Speaker 5: Democrats doing better in the polls, and a lot of 443 00:25:26,680 --> 00:25:28,680 folks saying, you know, I don't think the Republicans are 444 00:25:28,720 --> 00:25:30,400 going to outperform their polls like they did in twenty 445 00:25:30,440 --> 00:25:30,920 twenty five. 446 00:25:31,079 --> 00:25:33,960 Speaker 1: So that's a little bit of rear view mirror stuff. 447 00:25:33,960 --> 00:25:37,799 Because over the last week or two since the elections 448 00:25:37,839 --> 00:25:40,400 in New Jersey and Virginia, and those were blue states 449 00:25:40,440 --> 00:25:45,319 and blue politicians won, so not a big surprise. California 450 00:25:45,400 --> 00:25:49,079 got their redistricting, which is not a surprise because it's 451 00:25:49,079 --> 00:25:51,480 a blue state. And what Harry was saying was all 452 00:25:51,519 --> 00:25:54,759 this redistricting stuff is going to lead to basically a 453 00:25:54,799 --> 00:25:58,160 break even. It's not going to change the head count 454 00:25:58,319 --> 00:26:01,559 in Congress. But the other thing is all of this 455 00:26:01,680 --> 00:26:05,880 happened in the last couple of weeks. If the Trump administration, 456 00:26:06,200 --> 00:26:10,759 now that they've reduced the tariffs on food items, will 457 00:26:10,960 --> 00:26:13,960 that be enough? What else do they have up their 458 00:26:14,000 --> 00:26:18,519 sleeve to try to get the affordability issued to swing 459 00:26:18,680 --> 00:26:23,279 more in their favor and they have eleven and a 460 00:26:23,359 --> 00:26:27,200 half months to figure out how to do that. And 461 00:26:27,240 --> 00:26:31,400 that also brings up the question of once, ma'am Donnie 462 00:26:31,440 --> 00:26:35,200 and the new lady who's the mayor of Seattle both 463 00:26:35,279 --> 00:26:40,240 the socialist. Once they get in office, wait and see 464 00:26:40,279 --> 00:26:45,119 how people across the fruited plains take a look at 465 00:26:45,119 --> 00:26:47,720 those two cities and goes, this is what we want. 466 00:26:48,279 --> 00:26:53,960 Even Bill Maher was mocking the Democrat socialist. 467 00:26:53,640 --> 00:26:57,599 Speaker 11: Democrats must recognize that Zurn Mom Donnie is the future 468 00:26:57,680 --> 00:26:58,400 of the party. 469 00:26:59,119 --> 00:27:02,240 Speaker 4: Unfortunately, answer the Republican Party. And if you missed his. 470 00:27:02,279 --> 00:27:05,119 Speaker 11: Victory speech in last week's mayoral election in New York, 471 00:27:05,160 --> 00:27:07,640 don't worry. You'll see it in every attack ad for 472 00:27:07,640 --> 00:27:11,000 the next two years. The thing is socialism will do 473 00:27:11,640 --> 00:27:15,359 because socialism, to put it simply, just doesn't work and 474 00:27:15,400 --> 00:27:19,680 has never worked. Democratic socialism is like a dating profile. 475 00:27:19,759 --> 00:27:22,359 Things look great until you meet up in the real world. 476 00:27:22,599 --> 00:27:26,079 Speaker 1: So even a spokeswoman for the Democrat Party, her name's 477 00:27:26,079 --> 00:27:31,519 Melissa de Rosa, and she well listen to the way 478 00:27:31,559 --> 00:27:34,680 she tries to defend the fact that, well, those Democrats 479 00:27:34,680 --> 00:27:38,119 socialists are not Democrats. They're not real Democrats. So what 480 00:27:38,319 --> 00:27:41,480 you have is you have a split in a Democrat party, 481 00:27:41,799 --> 00:27:45,480 and there's the old Democrats and then there's the new 482 00:27:45,559 --> 00:27:49,440 Socialist and it doesn't look like they're on the same page. 483 00:27:49,599 --> 00:27:52,640 Speaker 12: Big tent yes, hijacked tent no. And I think that 484 00:27:52,680 --> 00:27:56,079 the DSA spends more time attacking mainstream Democrats thays to 485 00:27:56,279 --> 00:27:58,759 attacking Republicans. And I think that what you're going to 486 00:27:58,839 --> 00:28:02,839 see going into the midterm is this crop of primaries 487 00:28:02,839 --> 00:28:05,200 that are going to come from everyone from Hakeem Jeffries 488 00:28:05,240 --> 00:28:08,200 to La Mayor Bass and it's going to distract from 489 00:28:08,240 --> 00:28:10,839 what the actual political enemy is, which is the Republicans 490 00:28:10,839 --> 00:28:13,200 and trying to take over the House. So I think 491 00:28:13,240 --> 00:28:16,119 the DSA is fringe. I think they're extremists. I think 492 00:28:16,160 --> 00:28:19,119 we're having a Democratic Party tea party moment where we're 493 00:28:19,119 --> 00:28:21,279 going to try to see who we are and every 494 00:28:21,279 --> 00:28:23,039 time you lurch to the left, how much do you 495 00:28:23,079 --> 00:28:26,359 lose in the middle. How many moderate Democrats leave the party, 496 00:28:26,400 --> 00:28:28,880 feel left out by the party and say, whoa, whoa, 497 00:28:28,960 --> 00:28:30,200 this is not the party that I'm. 498 00:28:30,079 --> 00:28:34,119 Speaker 1: Here at In Josh Gottheimer, who is a moderate Democrat 499 00:28:34,119 --> 00:28:38,640 from New Jersey, this is his The DSA, by the way, 500 00:28:38,680 --> 00:28:42,039 is shorthand for Democrat Socialist of America. 501 00:28:42,200 --> 00:28:45,359 Speaker 13: Those are not our views and the views of where 502 00:28:46,000 --> 00:28:49,079 reasonable common sense democrats across the country are, you know, 503 00:28:49,200 --> 00:28:52,759 the we want common sense. We want people to stand 504 00:28:52,759 --> 00:28:56,359 by cops and firefighters and amts to fight to get 505 00:28:56,359 --> 00:28:58,880 taxes down, in childcare costs and energy bills down, right, 506 00:28:58,920 --> 00:29:02,240 that should be what are focused on. We certainly don't 507 00:29:02,240 --> 00:29:07,119 want a job killing, tax hiking socialist in the Democratic Party. 508 00:29:07,880 --> 00:29:09,759 Speaker 1: So there's more and more of those coming out where 509 00:29:09,759 --> 00:29:11,720 the Democrats have a split. It kind of reminds me 510 00:29:11,799 --> 00:29:15,720 of the MAGA took over the Republican Party. You got 511 00:29:15,759 --> 00:29:20,720 the old school, the old school establishment Republicans. They got 512 00:29:20,720 --> 00:29:23,400 pushed out of power, and it looks like the Democrats 513 00:29:23,440 --> 00:29:29,920 may be facing something similar in their party. In other politics, 514 00:29:30,440 --> 00:29:33,880 I mentioned it on Friday about the fact that the 515 00:29:33,880 --> 00:29:36,240 President came out with the idea of just sending money 516 00:29:36,559 --> 00:29:38,920 directly to people for them to use to pay their 517 00:29:38,960 --> 00:29:44,160 medical bills, rather than giving money through subsidies which go 518 00:29:44,319 --> 00:29:47,599 directly to insurance. Instead of giving money to insurance companies, 519 00:29:47,960 --> 00:29:50,519 give it to the people to pay their medical bills. 520 00:29:51,160 --> 00:29:53,279 And a lot of people are scratching their heads going 521 00:29:53,640 --> 00:29:56,160 how would this possibly work. I know what's going to happen. 522 00:29:56,160 --> 00:29:58,160 They're going to take that money and they're going to 523 00:29:58,200 --> 00:30:04,519 buy buy boo and cigarettes, And no, there is I'll 524 00:30:04,519 --> 00:30:09,519 explain it again. There is a system that's been in 525 00:30:09,559 --> 00:30:12,519 place now for quite a few years, the Health Savings Accounts. 526 00:30:12,880 --> 00:30:17,200 You get essentially a credit card, but it won't work 527 00:30:17,759 --> 00:30:22,759 on anything other than approved medical expenses. If you go 528 00:30:22,839 --> 00:30:26,599 to the store and you buy you go to a 529 00:30:27,480 --> 00:30:32,200 CBS and you buy some medicine, and you buy some 530 00:30:32,440 --> 00:30:35,279 over the counter medicine, and you pick up your prescriptions, 531 00:30:35,759 --> 00:30:38,079 and you pick up a candy bar while you're there, 532 00:30:38,359 --> 00:30:41,400 and you go to the cashier and run the run through, 533 00:30:41,480 --> 00:30:44,640 and you try to use your HSA card health Savings 534 00:30:44,640 --> 00:30:47,480 account card, it won't pay for the candy bar. You're 535 00:30:47,480 --> 00:30:49,839 going to have to pay for that separately. So there 536 00:30:49,920 --> 00:30:54,480 is a system. Bill Cassidy, the senator from Louisiana, he 537 00:30:54,680 --> 00:30:58,319 is a medical doctor, and I'm right there with him. 538 00:30:58,359 --> 00:31:00,880 He's all enthused about it, and soul Am. 539 00:31:01,440 --> 00:31:03,680 Speaker 14: You've got to have a plan that can work by 540 00:31:03,799 --> 00:31:07,240 January first, twenty twenty six. So that puts a little 541 00:31:07,279 --> 00:31:10,240 bit of a constraint on what you can do. Now, 542 00:31:10,240 --> 00:31:14,079 there's two types of subsidies in Obamacare. There's a subsidy 543 00:31:14,119 --> 00:31:17,640 in the original Obamacare, call that the baseline, and then 544 00:31:17,680 --> 00:31:20,079 there is the extra subsidy that was started under the 545 00:31:20,079 --> 00:31:25,519 Biden administration. That's called the enhanced the enhanced subsidy. So 546 00:31:25,599 --> 00:31:28,200 the plan that I'm thinking would work for January, the 547 00:31:28,240 --> 00:31:33,119 first is to allow the baseline subsidy to continue to 548 00:31:33,240 --> 00:31:39,480 apply to a policy on the exchanges, but the enhanced subsidy, 549 00:31:39,720 --> 00:31:42,559 as the President says, will be put into a health 550 00:31:42,599 --> 00:31:47,279 savings account. Now why does that work? Because someone can 551 00:31:47,319 --> 00:31:49,640 take the subsody they would have gotten for a more 552 00:31:49,680 --> 00:31:55,000 expensive policy under the baseline scenario. They can buy a 553 00:31:55,079 --> 00:31:59,920 bronze level plan, which is a cheaper plan on the exchanges, 554 00:32:00,559 --> 00:32:02,920 and then use their health savings account to pay for 555 00:32:02,960 --> 00:32:07,960 the higher deductible. This decreases your overall cost to be 556 00:32:08,000 --> 00:32:10,880 an insurance instead of having to work through a six 557 00:32:10,960 --> 00:32:13,880 thousand dollars deductible to get the silver plan to. 558 00:32:13,880 --> 00:32:16,680 Speaker 4: Work for you, you. 559 00:32:15,400 --> 00:32:18,119 Speaker 14: Have like say fifteen hundred dollars or two thousand dollars 560 00:32:18,200 --> 00:32:20,720 in your health savings account. The President Trump speaks of 561 00:32:21,200 --> 00:32:23,440 to pay for the first part of your deductible and 562 00:32:23,480 --> 00:32:24,880 you've got the cheaper premium on. 563 00:32:24,839 --> 00:32:25,400 Speaker 2: Top of it. 564 00:32:25,839 --> 00:32:27,240 Speaker 14: I think this is a great idea. I think the 565 00:32:27,279 --> 00:32:28,119 President's right on. 566 00:32:28,319 --> 00:32:31,440 Speaker 1: So do I so do. I know. I'm obviously very 567 00:32:31,519 --> 00:32:34,480 leary about the fact that government can do anything fast. 568 00:32:34,839 --> 00:32:38,400 And the Obamacare subsidies that the Democrats put in place 569 00:32:38,440 --> 00:32:40,480 for five years are going to expire at the end 570 00:32:40,559 --> 00:32:42,839 of this year. So can this be done? Yes, it 571 00:32:42,920 --> 00:32:46,440 could be. I doubt it will be because it's government. 572 00:32:46,839 --> 00:32:51,920 But doctor Bill Cassidy man, he understands it. And again 573 00:32:51,960 --> 00:32:55,079 he brought up the silver plan. You have to spend 574 00:32:55,160 --> 00:32:59,960 six thousand dollars on medical bills before the Obamacare policy 575 00:33:00,079 --> 00:33:04,039 will pay a penny. This would eliminate all that. So 576 00:33:05,359 --> 00:33:09,559 there's no more giant deductible of six thousand dollars. So 577 00:33:10,319 --> 00:33:12,160 we'll keep talking about it because it's going to take 578 00:33:12,200 --> 00:33:15,039 a lot of talking. But I hope somebody in Washington 579 00:33:15,079 --> 00:33:18,240 besides Bill Cassidy is paying attention to all of this 580 00:33:20,720 --> 00:33:26,839 other quote money news. OJ Simpson he's dead. Yes, he's 581 00:33:26,880 --> 00:33:32,119 still dead, but his estate is settling with Ron Goldman's 582 00:33:32,319 --> 00:33:38,799 family and fifty some million dollars they've agreed to pay 583 00:33:39,319 --> 00:33:44,799 the Goldman's Donna Rotundo, a lawyer, got weighs in on 584 00:33:44,839 --> 00:33:45,400 this one. 585 00:33:45,680 --> 00:33:45,880 Speaker 4: Well. 586 00:33:45,920 --> 00:33:48,359 Speaker 7: I think for the Goldman family, this truly was never 587 00:33:48,400 --> 00:33:51,480 about money. This was about justice. This was about watching 588 00:33:51,519 --> 00:33:54,480 someone pay, especially when they did not get what they 589 00:33:54,480 --> 00:33:56,880 wanted out of the criminal court. The civil court was 590 00:33:56,920 --> 00:33:59,960 their only avenue. So going to civil court getting a 591 00:34:00,119 --> 00:34:05,799 judgment vilified mister Simpson and vindicated Ron Goldman. So I 592 00:34:05,799 --> 00:34:08,880 think that's really what this was about. So obviously any 593 00:34:08,920 --> 00:34:11,440 type of money they can recover now I think will 594 00:34:11,599 --> 00:34:14,239 at least add to the feeling of them having some 595 00:34:14,639 --> 00:34:16,920 justice in this matter. So at the end of the day, 596 00:34:16,920 --> 00:34:18,079 I think that's really what this is. 597 00:34:18,320 --> 00:34:21,119 Speaker 1: Yeah, I don't think it's about the money, but at 598 00:34:21,119 --> 00:34:25,400 the same time, yeah, the murder was thirty one years ago. 599 00:34:26,199 --> 00:34:29,199 Ron Goldman today he was a young guy waiter at 600 00:34:29,280 --> 00:34:34,280 local restaurant Mezzaluna. He would have been fifty seven years 601 00:34:34,320 --> 00:34:39,000 old today. Nicole Brown Simpson would be sixty six if 602 00:34:39,039 --> 00:34:44,440 they had lived well Wall Street today it is following 603 00:34:44,599 --> 00:34:49,000 whatever Nvidia is doing, and Nvidia had a big sell 604 00:34:49,000 --> 00:34:56,400 off again today. Bitcoin also ninety one thousand dollars. They 605 00:34:56,440 --> 00:35:01,159 have wiped out all of their twenty twenty five gain today, 606 00:35:01,199 --> 00:35:03,960 going down to ninety one thousand dollars on bitcoin, but 607 00:35:04,079 --> 00:35:09,679 the dow down sharply, down five hundred and fifty seven. Again, 608 00:35:09,880 --> 00:35:14,199 the favors that drove the market up are ones driving 609 00:35:14,239 --> 00:35:18,000 it down down five hundred fifty seven to forty six 610 00:35:18,079 --> 00:35:22,360 thousand and five ninety SMP down sixty one, NASDACK down 611 00:35:22,440 --> 00:35:27,119 one hundred ninety two. Gold was down fifty dollars to 612 00:35:27,199 --> 00:35:30,639 four thousand and forty three in oil down about thirty 613 00:35:30,679 --> 00:35:34,440 cents fifty nine dollars now for one barrel of oil. 614 00:35:34,880 --> 00:35:37,599 That's it for today. Thank you for coming by. We'll 615 00:35:37,639 --> 00:35:50,159 be back again tomorrow. Hope to see you them