Speaker 1: It's night time with Dan Ray. I'm telling you easy
Speaker 1: Boston's News Radio.
Speaker 2: Well, I want to thank my guest last hour, Professor
Speaker 2: Greg Stoller of the Questroom School of Business at Boston University.
Speaker 2: Interesting questions from several of our callers, and he is
Speaker 2: a great guest in my opinion, and I hope you
Speaker 2: would agree because not only his depth of knowledge of business,
Speaker 2: but he understands business here and he understands business there. Now,
Speaker 2: the question i'd like to ask you this audience this hour.
Speaker 2: Hopefully you've heard last Hour, and if you haven't, the
Speaker 2: question still has applicability. We are now about a month,
Speaker 2: well close to a month, three weeks at least, we'll
Speaker 2: say three weeks into after what Donald Trump called Liberation
Speaker 2: Day on April second. Sure all of you remember that,
Speaker 2: so tomorrow it's been three weeks. The area that has
Speaker 2: been of most obvious concern has been the US stock market,
Speaker 2: which is down a few percentage points from where it
Speaker 2: was on August second, and even down more than a
Speaker 2: few percentage points because it had kind of a tough
Speaker 2: month of March as well. My question is do you
Speaker 2: still have faith in this administration, not only in President Trump,
Speaker 2: but also on the economic advisors around him. Do you understand,
Speaker 2: and I'm not sure I understand. Do you understand exactly
Speaker 2: what President Trump is trying to accomplish and is he
Speaker 2: going about it in a way that makes you comfortable? Now?
Speaker 2: I don't know anybody who at this point can say
Speaker 2: to me, I went to the store today and the
Speaker 2: price of whatever has gone up twenty five percent because
Speaker 2: of the tariffs. And this this, this whole I love
Speaker 2: the word kerfuffle. It just seems as if it's being
Speaker 2: mixed up. And I do think that the president, this
Speaker 2: is the way he likes to govern by stirring things up.
Speaker 2: And needless to say, he's dealing with a bunch of
Speaker 2: battles on a number of fronts. Immigration, we know that, deportations,
Speaker 2: all of those fronts, with judges everywhere, a lot of
Speaker 2: his battles in terms of the Doge cuts and groups
Speaker 2: like Harvard those we put all of those aside for
Speaker 2: this hour. I'd like to hear from you if you
Speaker 2: are or were a Trump voter, are you still with
Speaker 2: him through all of this? A few months of turmoil,
Speaker 2: of economic turmoil. February was a little bit down, March
Speaker 2: a little more and April has been this turbulence the
Speaker 2: stock market futures tomorrow. And again, you may not be
Speaker 2: invested directly in the stock market, but most people either
Speaker 2: are invested directly or indirectly, meaning your pension, your four
Speaker 2: oh one k, your ira, or your wroth or whatever.
Speaker 2: So my question, I'm just trying to take the temperature
Speaker 2: of my audience and give you an opportunity to weigh in.
Speaker 2: Are you still as confident in his leadership and his
Speaker 2: policy proposals today as you were when you voted for
Speaker 2: him on November fifth? Are you as confident in his
Speaker 2: policies as you were when he was inaugurated on January twentieth.
Speaker 2: If you did not vote for Donald Trump, are you
Speaker 2: seeing what you feared? And that is economic turmoil? Now
Speaker 2: I can make an argument, as Professor Staler can make
Speaker 2: an argument that this is going down a path that
Speaker 2: is not going to end well, that China will wait
Speaker 2: us out, and that the Republicans basically are paving the
Speaker 2: way for the return of the Democrats to control the
Speaker 2: Senate in the House eighteen months or so hence, And
Speaker 2: it is, by the way, when you really think about it,
Speaker 2: it's about eighteen months out from now that November of
Speaker 2: twenty twenty six is eighteen months and a few days away,
Speaker 2: so it's not a long time that he has to
Speaker 2: turn this around. Is there anyone out there who voted
Speaker 2: against him or voted for the Democratic nominee who now say,
Speaker 2: you know, this makes a lot of sense. I am concerned.
Speaker 2: I'm an old line that you know, someone said, can
Speaker 2: maybe say to me, Look, I'm an old line Democrat,
Speaker 2: and I'm delighted to see him supporting more manufacturing here
Speaker 2: in America. And in all of that, I mean, when
Speaker 2: you think about what President Trump is doing, he is
Speaker 2: taking place often out of the Democratic playbook and using
Speaker 2: them as a Republican president, I mean, Democrats historically have
Speaker 2: always been a party that felt uh in favor of
Speaker 2: could often work in favor of tariffs, protectionism, UH. And
Speaker 2: the Republicans were always sort of the fair trade, no tariff, UH,
Speaker 2: let's just open up the world economy. So those are
Speaker 2: my questions, and only you have the answers. My six one, seven, two, five, four,
Speaker 2: ten thirty line is full, for which I'm appreciative, and
Speaker 2: now I ask you to fill up six one, seven, nine, three,
Speaker 2: one ten thirty We're going to get to my first
Speaker 2: three callers, and you can jump on board at six, one, seven, nine, three, one,
Speaker 2: ten thirty. I don't want you dialing and breaking your
Speaker 2: nails or hurting your your fingers by dialing lines that
Speaker 2: are totally full. My name is Dan Ray. This is
Speaker 2: Night Side. I am a little concerned the market has
Speaker 2: whipsawd more than than I would like to see. Uh.
Speaker 2: My savings accounts or whatever you want to call them,
Speaker 2: My investment accounts are down. Not down as much as
Speaker 2: Elon Musk's, probably not down as much as Donald Trump's,
Speaker 2: but all of us, I think, have taken a little
Speaker 2: bit of a bath in the last three weeks or so,
Speaker 2: and certainly maybe even since January twentieth. Feel free to
Speaker 2: join the conversation. You can praise him, you can criticize him.
Speaker 2: You can tell me that he's doing exactly what you want.
Speaker 2: Back on Nightside, we'll get it going right after this
Speaker 2: quick break.
Speaker 1: You're on night Side with Dan Ray onn YOUBZ Boston's
Speaker 1: news Radio.
Speaker 2: Let's go to the phones. Let me go first off
Speaker 2: to Joe and Belmont. Joe, you are first up this
Speaker 2: hour and Nightside. You called in first let's hear what
Speaker 2: you have to say.
Speaker 3: Go ahead, Joe, Dan, I.
Speaker 4: Voted for Trump three times, but I don't think we
Speaker 4: can trust Trump. His economic advice is because he's human,
Speaker 4: and I get some good advice for you, Dan, I'd
Speaker 4: get rid of my four oh one k in uh
Speaker 4: my Ira, if I were you, you know, why would you?
Speaker 2: What? What are you suggesting here that I sell? Sell, sell, get.
Speaker 4: Rid of them, or sell or get your money as
Speaker 4: much money for room as you can.
Speaker 2: Okay, do you yourself have a four oh one k or
Speaker 2: anything of that? Are you invested in the market? Show No.
Speaker 4: I wouldn't invest in the market because I don't trust
Speaker 4: the Federal over reserve. And uh I invest in CDs.
Speaker 2: Okay, Well, you know that's a there's a lot of
Speaker 2: people who do that, and and that's that's a that's
Speaker 2: a solid strategy as long as you do you have that.
Speaker 5: Uh.
Speaker 2: I think this is the absolute worst time to sell
Speaker 2: because when you look at the market over time, it
Speaker 2: invariably does come back. I mean, you can look at
Speaker 2: any graph that you want over the stock market. The
Speaker 2: stock market is not linear. It doesn't go up you know,
Speaker 2: a half or a quarter of one percent every day,
Speaker 2: or a quarter of one percent every week. It has
Speaker 2: its up weeks and down weeks, up months and down months.
Speaker 2: But I appreciate the advice. But I am I am
Speaker 2: a buy and hold guy and it's worked for me.
Speaker 4: Dan, I got I got a twenty second question for
Speaker 4: you that involves the stock market. Do you think a
Speaker 4: man a Mormon's intuition is scientific?
Speaker 2: No?
Speaker 4: No, I wouldn't rely on emotions. It's not scientific, is it.
Speaker 2: No. But the emotion that is going on right now
Speaker 2: is people are getting a little afraid. And again, the
Speaker 2: stock market is not something that if you're invested in it,
Speaker 2: this is not a good time to sell now. People
Speaker 2: are selling. But you may rue the day, Joe. But
Speaker 2: I do appreciate your your offer of financial advice.
Speaker 4: Do you trust the Federal Reserve?
Speaker 2: Yes? I have really no choice because I'm a citizen
Speaker 2: of the United States, and to the best of my knowledge,
Speaker 2: the Federal Reserve is on the level. At different times
Speaker 2: adopts policies which I might agree with or disagree with.
Speaker 2: But I think it is on the level I do not.
Speaker 2: If I didn't trust the Federal Reserve, I probably would
Speaker 2: have my money under my mattress. But I do not
Speaker 2: have my money under my mattress, Joe, and I hope
Speaker 2: you don't have your money under your mattress.
Speaker 3: I'm glad.
Speaker 2: That's good pleasure talking to you right back at you. Thanks, Joe,
Speaker 2: have a good one. Let me go next too. We're
Speaker 2: going to go to octane in Brighton Octane. How are
Speaker 2: you tonight?
Speaker 6: How are you doing, Dan Ray.
Speaker 2: I'm doing just great, octane.
Speaker 6: Okay. As citizens of Massachusetts, we're not far from each other.
Speaker 5: I know you.
Speaker 6: I believe you live in Newton.
Speaker 1: Correct, Yes, I do.
Speaker 3: Okay, great, great.
Speaker 6: Back to Donald Trump, I must say that you know
Speaker 6: his mind is preoccupied with everything that's going on in
Speaker 6: the world and in the country, the war and karate,
Speaker 6: I mean the war.
Speaker 2: He's got a lot, he's got a lot of he's
Speaker 2: got a lot of.
Speaker 6: Let me ask you this, let me let me say
Speaker 6: this to you. If people would get out of his way.
Speaker 6: Are never speaking about the Democrats, uh, these judges and
Speaker 6: these governors and mayors around the country in different cities
Speaker 6: and states, If they get out this out this man's way.
Speaker 6: He's a businessman. All of us know that he's a businessman.
Speaker 6: If these people would get. Look what everything he's been
Speaker 6: through in the last two three years. They want to
Speaker 6: take him for everything he got, his businesses, his homes.
Speaker 6: You're calling him a fascist, he's hitler, he's this and that,
Speaker 6: a lot of these things that's prefabricated about this man.
Speaker 6: I still say.
Speaker 2: Nothing, not to mention a couple of assassination attempts thrown
Speaker 2: in there as well.
Speaker 6: Right, So, how am I doing so far? Dan Ray?
Speaker 2: I think you're doing fine. I think I got to
Speaker 2: tell you this sometimes I don't. I don't understand how
Speaker 2: he keeps up the pace. It's a frenetic pace. But
Speaker 2: my sense is that that he does feel he's got
Speaker 2: to act and he's got to act quickly. Now I'm
Speaker 2: not sure that's the best strategy to follow.
Speaker 6: Okay, but let me say this too, Dan Ray, is
Speaker 6: that how many presidents in the past have stood up
Speaker 6: and did what this man has done? At least he's
Speaker 6: trying to. He's trying to make a mock as a
Speaker 6: great American president. I mean, he campaigned and said what
Speaker 6: he would do, and he's doing what he said he
Speaker 6: would do, and people were mad at him. Well, why
Speaker 6: did eighty million, seventy eight to eighty million people, look
Speaker 6: vote for him, and then when he get in office,
Speaker 6: everybody's trying to get back on. Look at look at
Speaker 6: what what's his name? Did the the Republican? What's his name?
Speaker 6: Not Ted Cruz? What's the other one?
Speaker 2: There's a lot of them, which which stated a Republican
Speaker 2: from which state?
Speaker 6: I try to help you out, Grand Paul, Rand Paul.
Speaker 6: Grand Paul turned his back on him the other day.
Speaker 6: What was that he was talking about about his tariffs
Speaker 6: with him standing up actually taking charge and doing what?
Speaker 2: Yeah, well, Gan Paul voted against tariffs. But again, if
Speaker 2: you knew ran Paul, he's a libertarian, uh and terriffs
Speaker 2: would not be anything that he would believe in. There
Speaker 2: was also I think one Democrat that balanced that vote off.
Speaker 2: But so you're you supported him, uh and and you're
Speaker 2: still with him and you have confidence him. If I
Speaker 2: could ask you, Octane, are you working? Are you a student?
Speaker 2: You sound you sound young to me, but I'm just
Speaker 2: curious what's your what is your status?
Speaker 1: Right?
Speaker 6: I'm sixty three years old, Dan dradh you you have.
Speaker 2: You have you have a set of pipes. That thought
Speaker 2: that sounds more like you're twenty three. I'm envious of
Speaker 2: your set of of your set of pipes. I have
Speaker 2: a pretty good ear for age. And you are you
Speaker 2: still working? You're retired? What what's your What's what do
Speaker 2: you do?
Speaker 6: No, I'm still working. But I took out the you.
Speaker 6: I know you go to the gym three or four
Speaker 6: times a week. I do the same thing. I do
Speaker 6: my cardio or I do calesthetics. I do my great training.
Speaker 6: But I mean, I like the good thing about staying
Speaker 6: staying good health. But I'm not getting off a track.
Speaker 6: But stay social, stay sociable, and and and worked out,
Speaker 6: and stay away from all the all the harmful foods.
Speaker 6: But back to my primary reason of calling you is
Speaker 6: that I think Trump. Donald Trump is an excellent president.
Speaker 6: I mean he shows I mean, we've been bullied for
Speaker 6: all these years on many fronts on the worlds, age,
Speaker 6: even here domestically at home. This man has taking a
Speaker 6: stand and look, like you said a few minutes ago,
Speaker 6: he willing to took He was willing, willingly taken a
Speaker 6: bullet for what he believed in, to stay save his
Speaker 6: country and to support his American people. How many presidents
Speaker 6: have done that?
Speaker 2: They all well, unfortunately, unfortunately, Uh. Sadly, we have a
Speaker 2: history of too many who have you know, died in office,
Speaker 2: and so uh you got to respect not only his courage,
Speaker 2: but the courage of anyone who stands up there because
Speaker 2: we are a democracy. But unfortunately there are people who
Speaker 2: like to take, you know, the future of the country
Speaker 2: in their own hands, which is absolutely unacceptable. Right. Have
Speaker 2: you called before?
Speaker 6: And no, I caught you way back around twenty eighteen, No,
Speaker 6: I think right before the pandemic, and I had a
Speaker 6: brief but you was you was really uh Russian for time,
Speaker 6: so I didn't I didn't bother you too much, but
Speaker 6: I know you got a.
Speaker 2: Lot of You got a good chunk of time tonight,
Speaker 2: and I'm delighted to have talked with you. And I
Speaker 2: hope you continue to listen and continue to call my
Speaker 2: program because your point of view is one that I
Speaker 2: need to hear from. And I thank you for joining
Speaker 2: me tonight. You made some great points, did a good job.
Speaker 6: Thank you, Octane s it sounds thank you to Dan
Speaker 6: Ray take he talk to you soon.
Speaker 2: I'll see at the gym. Okay, they have a good one,
Speaker 2: all right. Let me go to Roger in Foxborough. Roger
Speaker 2: get you in here before the break at the bottom
Speaker 2: of the ark.
Speaker 1: All right, all right, well, you know, I wish there
Speaker 1: were more people like Joe who would sell and I
Speaker 1: could buy into the market more. I was disappointed the
Speaker 1: market was so high, at record high for so long
Speaker 1: in the last several months, I wasn't making any money.
Speaker 1: If it goes down and my contributions get more.
Speaker 2: Are you a day trader at all? Or no?
Speaker 1: No, no, no, just you know my four oh one.
Speaker 1: But I'm getting old, so I've really ramped it up
Speaker 1: a bit.
Speaker 2: I had a I had a day trader who messaged
Speaker 2: me or sent me an email in the last couple
Speaker 2: of days, and yeah, they said the day he said,
Speaker 2: the day traders to doing great.
Speaker 1: Yeah. And the problem with money markets is if there's
Speaker 1: a time when people are yanking their money, the money
Speaker 1: markets could become insolvent. And it almost happened in two
Speaker 1: thousand and nine. I believe it was in spring. The
Speaker 1: money markets almost collapsed and people were having trouble getting
Speaker 1: their money out, but they did. There was only one place,
Speaker 1: you know, had a few billion, you know, fifty billions.
Speaker 1: But a lot of people realize a lot of the
Speaker 1: critical components and the stuff that we get from China
Speaker 1: aren't made in China. They shipped them the China, Taiwan,
Speaker 1: even the US Korea makes stuff, ship it to China
Speaker 1: and then it gets assembled there and then it comes out.
Speaker 1: And because they don't they can't make the top of
Speaker 1: the line stuff there. But we do need it.
Speaker 3: It's the thing.
Speaker 1: It's going to be a pain, but uh, it's it's
Speaker 1: like anything, you know, I mean, with the world, we're
Speaker 1: going to do weak things.
Speaker 2: I know, we're trying to work this rare minical Trump again.
Speaker 2: One other thing he's trying to work is this rare
Speaker 2: mineral deals deal whereby for peace and security Ukraine and
Speaker 2: Russia sees hostilities and and and we give Ukraine some insurance.
Speaker 1: By Yeah, Russia wants our jets. They'll say they might
Speaker 1: make peace just to get our jets. And China can't
Speaker 1: even build their jets. They turned down Boeing. Well, India,
Speaker 1: other people want those jets, and China can't even build
Speaker 1: their jets without our parts.
Speaker 2: Well, you know, all of that stuff is stuff.
Speaker 1: Your chickens come home to roost, all of all.
Speaker 2: Of that stuff. When I read stuff like that, I think, well,
Speaker 2: what's the source on that. Uh. I know that China
Speaker 2: has built a lot of naval vessels UH in recent years.
Speaker 1: And their iron they import a lot iron too, they
Speaker 1: get it from somewhere.
Speaker 2: Else, right, but they have bulked up their navy immense UH.
Speaker 2: And it's it's not a it's not an easy argument.
Speaker 2: You got to look at both the pros and the
Speaker 2: cars here. No, I'll understand it.
Speaker 1: And you know, big world.
Speaker 2: Go ahead, Roger, I feel like I'm interrupting you. You go ahead.
Speaker 1: Oh no, no, no, I understand.
Speaker 3: What you're saying.
Speaker 1: It's a it's the big world, and you have global
Speaker 1: supply chains and you disrupted. But you know, a storm
Speaker 1: could disrupt things. Other things can disrupt it besides politics,
Speaker 1: geopolitical upheaval. You know, some little countries go and broke
Speaker 1: supplying somebody with their raw materials and they're going to
Speaker 1: have a civil war and nothing's going to come out
Speaker 1: of there. And you know you're gotta be careful who
Speaker 1: you're relying on.
Speaker 2: Absolutely true. Roger, appreciate you, Carl, Thank you so much.
Speaker 1: Thanks again, all right, thank you.
Speaker 2: Yeah, have a great night. Good night. Six seven six
Speaker 2: one seven. I have wide open lines here and I
Speaker 2: want to know, are you worried or are you confident? Uh.
Speaker 2: If you're worried, tell me why. If you're confident, tell
Speaker 2: me why. I thought those are three very different calls,
Speaker 2: different and interesting calls, and I hope we can fill
Speaker 2: the lines during the news here. So obviously all of
Speaker 2: us are impacted by the stock market, all of us
Speaker 2: are impacted by the economy. I just want to know
Speaker 2: what you're thinking right now. Again, if you've been a
Speaker 2: Trump supporter, are you still with him? If you have
Speaker 2: been a Trump detractor, do you feel that maybe he's
Speaker 2: got a germ of an idea or are you convinced
Speaker 2: he is the absolute road to tradition? Six seven, two, five,
Speaker 2: four thirty six one seven nine three, one ten thirty.
Speaker 2: My name's Dan Ray. This is a Tuesday night post marathon.
Speaker 2: If you were in the marathon, congratulations, will be back
Speaker 2: on nightside. The Red Sox did win tonight, so maybe
Speaker 2: they're turning their season around. We'll be back on nightside
Speaker 2: right after this.
Speaker 1: It's night Side with.
Speaker 5: Boston's news radio.
Speaker 2: So that was a nasty fall. Jason Tatum took the
Speaker 2: other night the other afternoon at the garden. You saw
Speaker 2: them just coming down on that wrist. That'll be interesting
Speaker 2: how that plays in the series. By the way, for
Speaker 2: those of you who are interested, the futures in the
Speaker 2: Dow tomorrow are up over one percent, in the S
Speaker 2: and P they're up almost one and a half percent,
Speaker 2: and in the Nasdaq they're up over one and a
Speaker 2: half percent. So after a good day today, the question
Speaker 2: will be can the stock market put two days together
Speaker 2: Wednesday as well? I mean, if the futures are an indicator,
Speaker 2: and sometimes hius are, sometimes they're not. It's as simple
Speaker 2: as that Tesla is up in the future trading, uh,
Speaker 2: and na Video is up. Those are those are important stocks,
Speaker 2: so as is Intel. Yeah you know Ali Baba Uh,
Speaker 2: that's the stock that's up four percent tomorrow. It's you
Speaker 2: just never know. I mean, it's it is not a
Speaker 2: time for people with weak stomachs in the in the
Speaker 2: stock market. Let's keep roller. Here're going to go to
Speaker 2: David and Cambridge. David, appreciate you calling in your next NIGHT'SID.
Speaker 2: How are you?
Speaker 3: Oh?
Speaker 1: Hi, yeah, thank you for picking up. I want to
Speaker 1: want to be to tu for both and you're probably
Speaker 1: gonna agree with what I say, but maybe not. And
Speaker 1: I'm at a fancy school in Cambridge, Mit, where I've
Speaker 1: been for forty years, and I have always been amazed
Speaker 1: and upset how rationality takes second seat, third seat, forced seats,
Speaker 1: to logic and looking at things from both sides. I
Speaker 1: have never been so incensed, well ridiculed by students from
Speaker 1: from Harvard for believing that there is anything on earth
Speaker 1: good about Donald Trump. And I didn't vote for him,
Speaker 1: but I can see, if you want to keep an
Speaker 1: open mind, that there are things which he needs to
Speaker 1: be changed, and he has some ideas which we haven't
Speaker 1: gotten done in decades. And my tee actually has surprised
Speaker 1: me that there were The open mindedness was extremely good, uh,
Speaker 1: and that was nice to hear. But I think if
Speaker 1: you just got someone who's extreme Democrat to the left,
Speaker 1: extreme Republicans of the right, and asked them a question, Guys,
Speaker 1: take a deep breath, Guys and girls, women take a
Speaker 1: deep breath. Do you think that both sides Trump and
Speaker 1: whoever's the other side would wish that everybody in America
Speaker 1: had an equal opportunity for healthy, good healthcare, and a
Speaker 1: good education and a job that they could live by.
Speaker 1: Who would say that?
Speaker 2: I think by the way, you were an extraordinary caller,
Speaker 2: because I have a little sense of MIT. My son
Speaker 2: in law teaches courses there. He is a very smart guy.
Speaker 2: I got his undergraduate degree at MIT and his business
Speaker 2: degree at the at that other school that shall go
Speaker 2: unmentioned on the same side of the river, if you
Speaker 2: know exactly what I mean. There's a lot of people
Speaker 2: in this country who are so fervent they will against
Speaker 2: the success of America if the guy who's in office
Speaker 2: is not someone they supported, which to me is it's awful.
Speaker 2: It is absolutely awful. And uh and and I see
Speaker 2: it now more on the left, but I also saw
Speaker 2: it on the on the far right with with with Biden.
Speaker 2: I mean, I just think that that there are some
Speaker 2: on the far left and many of the Democratic Party
Speaker 2: who have Donald Trump came up with a cure for cancer,
Speaker 2: they would criticize him for adversely impacting the medical community's
Speaker 2: bottom line. I mean, there would be a reason that
Speaker 2: they would come up with, which, to me is why.
Speaker 1: Seems to always win. But the wonderful think about America.
Speaker 1: And I was an extremely liberal college student and uh,
Speaker 1: but I had a problem being a hippie because I
Speaker 1: hated I did I was used to hate those who
Speaker 1: decided to serve right. Where does hate? Where does hate
Speaker 1: fit in? Where does hate fit in? When do we
Speaker 1: need to have hate? No one wants hate, but we
Speaker 1: choose adversity, and it seems to be part of maybe
Speaker 1: human nature in America more than other places.
Speaker 3: But we have the.
Speaker 2: Freedom and all in all honesty, here's what I think happens.
Speaker 2: I think that if I look at you and I
Speaker 2: disagree with you politically, and I can come to see
Speaker 2: you as an evil person. I mean, you know, Tip
Speaker 2: O'Neil used to talk about it that when he and
Speaker 2: Ronald Reagan disagreed, it wasn't that Ronald Reagan was a
Speaker 2: bad guy or Ronald Reagan taught Tip O'Neil was a
Speaker 2: bad guy. They just disagreed and thought that they were
Speaker 2: supporting a bad idea. But but there's a lot of
Speaker 2: folks now, particularly in the far left, who look at
Speaker 2: people who disagree with them, and they have they come
Speaker 2: to the point that they this is a bay of
Speaker 2: they they so strongly disagree with them, they are evil persons.
Speaker 2: All the language about Trump is Hitler and his supporters
Speaker 2: are collaborators. And this is language that that is not
Speaker 2: helpful in a democracy. I mean, if you've got better
Speaker 2: ideas than Donald Trump, run against them, or if you
Speaker 2: got better ideas than Gavin Newsom, run against Gavin Newsom.
Speaker 2: That's what a democray is supposed to be about.
Speaker 1: I have a dream, a dream that the two opposing
Speaker 1: sides on anything agree that. Hey' is a good question,
Speaker 1: you asked, asked us, Do we think they were absolutely
Speaker 1: positively right with where we think we should do? Do
Speaker 1: something is going to be one hundred percent sure? I
Speaker 1: think they all both extreme would say no, But you
Speaker 1: think it's a better way than the other side. Yes,
Speaker 1: you hit the other side would like to see America
Speaker 1: go down the drain. No, well, then wanted to give
Speaker 1: the other side a chance. How about if you each
Speaker 1: came up with in these states or this section, you
Speaker 1: try this program in a social reform or any other
Speaker 1: approach that you want, and see which works out the best,
Speaker 1: and encourage each other because you both want America to win?
Speaker 1: Isn't that true? And I've done that kind of talk
Speaker 1: with lawsuitents at Harvard and VU and sometimes it perplexes them.
Speaker 1: Some come up with good answers, which is wonderful. I said,
Speaker 1: you have to disagree. If nobody disagrees with me, then
Speaker 1: we're going nowhere, because that's important. But in disagreeing, do
Speaker 1: you hate me? And I think an example that's really
Speaker 1: wonderful for America is look at basketball players, especially with
Speaker 1: basketball players other sports too. When two teams fight each
Speaker 1: other like playing win, go right to the edge of
Speaker 1: breaking the long and getting followed. At the end, they
Speaker 1: hug each other, They say hi, they don't say you jerk,
Speaker 1: can't wait to see you next time so they can compete,
Speaker 1: But they don't hate, and they don't want the other
Speaker 1: guy to get hurt. The last thing they want. I
Speaker 1: would I'd rather lose this game than see what's his
Speaker 1: name just not be able to play basketball again. I
Speaker 1: wish we could learn something from basketball, well anyway, in.
Speaker 2: Any in any in any sport. I mean, if if
Speaker 2: you go to hockey games, you see guys beating each
Speaker 2: other up on the ice and then their teammates. Two
Speaker 2: weeks later, David, I really enjoyed the call. Uh. I'd
Speaker 2: love to know more about your uh, your your background.
Speaker 2: So I'm going to ask you real quickly.
Speaker 1: Uh.
Speaker 2: I'm assuming from what you've told me, you've been there
Speaker 2: a long time. Uh uh at M, I t I
Speaker 2: assume you teach there. I'm sorry, I assume your time.
Speaker 2: And you said you've been there forty years.
Speaker 1: I've been a neuroscientist, I've taught there, and I've been
Speaker 1: a visiting scholar At the last position I had there
Speaker 1: was a visiting scholar. I was never a professor. I was.
Speaker 1: I was invited back there because they were very concerned
Speaker 1: about my obsession with the misuse of technology, AI and
Speaker 1: neuroscience in the future of humanity. And I could go
Speaker 1: on forever about that.
Speaker 2: Well, you know what, do be a favorite. Take Rob's number?
Speaker 2: Uh when Rob? When we finish here, Rob will give
Speaker 2: you my direct number, give me a call some day
Speaker 2: and we could talk off here. You're a fascinating individual,
Speaker 2: someone who I think I have probably a lot of
Speaker 2: commonality with in terms of trying to run this talk show.
Speaker 2: I don't know how much you'll listen to Nightside or not,
Speaker 2: but you've you've you have epitomized the type of talk
Speaker 2: show that we're trying to run here, where we give
Speaker 2: everybody an opportunity to say what they they believe in,
Speaker 2: what they want. So I hope that I will hear
Speaker 2: you from you more often.
Speaker 1: Okay, yeah, I love the fact that you do that.
Speaker 1: Thank you so much. You make the world a better place.
Speaker 2: So I have to tell you that, David, thank you
Speaker 2: doing me a favor. Hang in there, Rob will give
Speaker 2: you my direct line. Give me a call someday and
Speaker 2: if I don't pick up, leave me a number and
Speaker 2: I'll call you back. I promise. Okay, thank you so much.
Speaker 1: Thanks.
Speaker 2: All right, we're gonna we're gonna take a break here.
Speaker 2: I have Chris, Eddie and Greg uh. They will be
Speaker 2: on this program, and I even bet they're all on
Speaker 2: six one, seven, two, five, four, ten thirty. So if
Speaker 2: you want to be on the program too, you can
Speaker 2: only dial six one, seven, nine three one ten thirty.
Speaker 2: Feel free. We will wrap the hour up. This has
Speaker 2: been an interesting hour. I wasn't sure what we were
Speaker 2: going to do, but we've had some really interesting phone calls,
Speaker 2: and I know that Chris, Eddie and Greg will follow
Speaker 2: along and I'm looking forward to hearing from them. I
Speaker 2: look forward to hear from you back on night Side
Speaker 2: right after this.
Speaker 1: It's night Side with.
Speaker 5: Boston's News Radio.
Speaker 2: Before we get to our final three callers, and we
Speaker 2: will get to them. I just want to tell you
Speaker 2: that iHeart is doing pretty well. iHeart has just cleaned
Speaker 2: up what's called the Webby Awards, which maybe you know of,
Speaker 2: what's called the oscars of the Internet. I heard Media
Speaker 2: has officially been named the Podcast Company of the Year
Speaker 2: with the whopping fourteen wins. I want to hear some
Speaker 2: of those award winning podcasts. Are you going to do
Speaker 2: is open up the free iHeart Radio app and dive
Speaker 2: into our fantastic collection. The iHeart app New and Improved
Speaker 2: is available. And by the way, you can make WBC
Speaker 2: your first preset and therefore we will always be a
Speaker 2: fingertip away wherever you are on God's green Earth. Let's
Speaker 2: get right back to the calls. I want to get
Speaker 2: everybody in Chris is in Connecticut. Chris, I don't know
Speaker 2: what you did in November in the election, but do
Speaker 2: you have faith still in the if you supported Trump?
Speaker 2: Or is your skepticism.
Speaker 3: I did? I absolutely he never voted for Donald Trump.
Speaker 3: Worst fears had been confirmed. I understand what he's trying
Speaker 3: to do, but the wars that he's fighting were lost
Speaker 3: when NAFTA was done under the Clintons, when our retirements
Speaker 3: were taken from guaranteed pensions and put into privatize for
Speaker 3: one case. And I feel he has no regards for
Speaker 3: how vulnerable we all are with the stock market, and
Speaker 3: how by being I think, completely irresponsible with his rhetoric
Speaker 3: watching my retirement savings, which I was forced to put
Speaker 3: my money in because I took away my guaranteed pension.
Speaker 2: Yep.
Speaker 3: And the market goes down a few thousand points, and
Speaker 3: then he changes his mind. He doesn't even have the
Speaker 3: integrity to stay the course of what he's trying to do.
Speaker 3: So the little guy's gonna take his money out. And
Speaker 3: when the money does rally, the market does rally, this
Speaker 3: guy's going to be on the sideline. He'll be really
Speaker 3: hurt because that's where all his money's going, whether he
Speaker 3: realizes it or not.
Speaker 2: And Chris, Chris, don't don't do that. Let me ask you, Chris, Chris,
Speaker 2: I want to ask you one question. You've you've you've
Speaker 2: been around. I assume you weren't around for the Great Depression,
Speaker 2: but you certainly I assume we're around, maybe for the
Speaker 2: hit the market took in the nineteen seventies under both Nixon,
Speaker 2: Ford and Carter.
Speaker 3: Were around worked I worked at the four to one
Speaker 3: K industry when the real estate bubble popped in two
Speaker 3: thousand and eight.
Speaker 2: One of my ts okay, and what I'm saying is
Speaker 2: in eighty seven, in eighty seven, the market took a
Speaker 2: huge hit. Uh, And the market has taken about a
Speaker 2: three or four or five percent hit in the last
Speaker 2: month or so. Here's my question. After all of those disasters,
Speaker 2: whether you talk about the Great Depression, whether you're talking
Speaker 2: about the savings and loan crisis of eighty seven, some
Speaker 2: of the recessions that we've been through nine to eleven,
Speaker 2: what happened at nine to eleven? Which one of those crises,
Speaker 2: which one of those down trends did the market not
Speaker 2: recover from?
Speaker 3: Oh, we're in agreement. I hope my point was clear.
Speaker 2: So what makes you think that if what makes you
Speaker 2: think if the past is prologue there were not going
Speaker 2: to be okay eventually? Why are you selling? Please? You know,
Speaker 2: do what you got to do, but don't hurt yourself.
Speaker 3: I'm not selling. I want to be clear. My point
Speaker 3: is that with Donald Trump, with the rhetoric with the
Speaker 3: tarriffs and then putting the pause on the tariffs and
Speaker 3: causing the volatility in the market. The little guy is
Speaker 3: gonna take his money out and sell.
Speaker 2: Okay, I thought you were characterizing yourself. I thought you
Speaker 2: were characterizing yourself.
Speaker 3: Okay, I have to keep my money in the market. Damn,
Speaker 3: I know, because they took away my pension. I got
Speaker 3: a four to one kry. I'm well, it wasn't.
Speaker 2: It wasn't Donald Trump who took away your pension. It
Speaker 2: was allowed. A lot of that happened during the Clinton
Speaker 2: administration when the Democrats kind of turned a blind eye
Speaker 2: to what happened.
Speaker 3: Absolute worst for the American worker with NaSTA. Okay, Trump,
Speaker 3: try trying to correct.
Speaker 2: Save, save some of this firepower for your next call.
Speaker 2: I got three others. I'm going to try to sneak
Speaker 2: in here. They're not going to get really the time.
Speaker 2: But yours was a great call. Thank you, Bye, mixed up,
Speaker 2: Thanks Chris, appreciate it. Okay, real quickly, Eddie in Brookline, Eddie,
Speaker 2: help me out here. What's your thought? What's your take?
Speaker 5: Go ahead, d well say, I just want to lift
Speaker 5: you know, I'm an independent voter and I did support Trump. Okay,
Speaker 5: we got short memories to the American people in the
Speaker 5: beginning of his administration. He told us this was going
Speaker 5: to happen. We're going to have to pay a price
Speaker 5: to get back on track. The previous administration. And I
Speaker 5: mean this, I'm not just blaming Biden practically destroyed this country,
Speaker 5: in my opinion. Now I have a lot of stock.
Speaker 5: Well I have stock, I should say. And my stock
Speaker 5: went down to twenty one a share, okay, and then
Speaker 5: whin six days it was up to two twenty eight.
Speaker 5: Today it was two twenty nine eight.
Speaker 3: Good, it comes back.
Speaker 5: You can't panic. And he told us this, it's like anything.
Speaker 5: You get the flu, you take the medicine. If you
Speaker 5: don't take the medicine, you're going to lose. All right,
Speaker 5: we just have to we have to pay a price
Speaker 5: right now for a few few months. I really believe
Speaker 5: that Trump has got an upper sleeve. He's going to
Speaker 5: pull this off and we'll all be happy.
Speaker 2: Ed, I love your optimism.
Speaker 5: Gave was a fabulous phone call.
Speaker 2: Eddie a fabulous phone call as well. And I'm really
Speaker 2: pleased with this hour. Thank you so much. We will
Speaker 2: we need to do more of this. Thanks Ed, You're
Speaker 2: you're a great man. Thank you Thank you very much.
Speaker 2: Let me go to Greg on Ontario. Greg, gonna get
Speaker 2: you in and maybe one more go ahead, Greg, Yeah,
Speaker 2: And I.
Speaker 7: Agree with your last call one hundred percent. I think
Speaker 7: it's too early to pass judgment on on Donald Trump.
Speaker 7: I think he's gonna pull it off, and it's going
Speaker 7: to take time. People get really anxious, and you know,
Speaker 7: one hundred or so days into the presidency. I'm kind
Speaker 7: of looking at from a little bit of a different
Speaker 7: perspective perhaps, But I'm going back, you know, when I
Speaker 7: was a young man back in the seventies and that,
Speaker 7: and I watched, you know, I remember what the economies
Speaker 7: were like in North American general, in Canada and US. Yes,
Speaker 7: everything had a US everything had a usay made tag
Speaker 7: on our Canada. Now we got guided during the seventies.
Speaker 7: It started then and then through the eighties. And I
Speaker 7: don't see any reason why you can't re establish that
Speaker 7: type of an industry. And a lot of people will
Speaker 7: take up an argument with me, well, there's nobody who's
Speaker 7: gonna want to work those jobs, and I'll take you
Speaker 7: you know, I don't see it that way. What I
Speaker 7: see is a lot of people who would rather not
Speaker 7: work three jobs at McDonald's or a Starbucks or something
Speaker 7: and get a good paying job, you know, if you're
Speaker 7: not going to want to go to higher education and
Speaker 7: have that option.
Speaker 2: And Greg, Greg, I'm running out of time here, so
Speaker 2: I'm I'm gonna have to ask you one question. You're
Speaker 2: my political guy in Canada, who's going to win the
Speaker 2: election next week?
Speaker 7: Well, just to give you an idea of way.
Speaker 2: Give me just a quick answer, Greg, I'm out.
Speaker 7: Of time, Okay, Okay, quick answer.
Speaker 2: Pa. All right, keep peeking, cont keep please keep in contact. Okay,
Speaker 2: I want to hear from the election night. All right, everybody,
Speaker 2: I'm sorry we're done to Tom and Eileen. You called
Speaker 2: too late. Rob Brooks, thank you very much. Marita, thank
Speaker 2: you very much. All dogs, all cats, all pets do
Speaker 2: go to happen. That's what Pope friends has said. That's
Speaker 2: all your pets are. Who would passed. They loved you
Speaker 2: When you love them, I do believe you'll see them again.
Speaker 2: Seek anymorrow night on Nightside. Have a great Wednesday. Everyone,
Speaker 2: coming up on night Side with Dan Ray on Facebook
Speaker 2: in about two or three minutes. Join us there. Thanks everybody,
Speaker 2: see tomorrow