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Speaker 1: And hello, Hi, how are you?

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Speaker 2: How you doing? It's Thursday, the last day of the month.

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It's the thirty first day of July. Year of all

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over twenty twenty five. My name is Tom Sullivan. So

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to start today with Russia Gate and when Tulsa Gabbard

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first started releasing all these basically declassifying documents that have

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been in the file cabinets at the government, and that's

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the beauty of our system. Administration's change. And another group

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comes along and says, let's take a look at these

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old files here. And so as the Director of National Intelligence,

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she's going through and the classifying documents after documents, there

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were more unclassified documents classified documents she unclassified today. So

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this is growing as it goes along. And I refer

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back to a tweet that came out from Matt Walsh

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that I saw that said I'll be I'll be concerned

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about this when they actually file charges. So she has

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done a criminal referral on I'm not sure who, but

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I presume it's Clapper and Brennan and that crowd that

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was the Obama crowd. And we'll see if the if

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the DOJ is going to file any charges. But if

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nothing else. They're basically doing a payback. That's the minimum

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about what went on when Donald Trump was accused of

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being in cahoots with the Russians, or the Russians in

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cahoots with him, whichever way you want to play it.

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And we're finding out that the more this comes along,

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what I'm reading from all these releases is that the

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Russians truly, of course they were meddling in our elections.

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They always have, they always will. But what they were

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doing wasn't to be in favor of Donald Trump. Vladimir

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Putin and his henchmen did not like Hillary Clinton, but

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it was clear that they thought, as the world did,

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that Hillary was going to be the successful candidate in

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twenty sixteen. Everybody was surprised, i think, including Donald Trump himself,

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that he won the election. So what they were trying

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to do was basically make her look bad, go after her,

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do a lot of different things. But then she turned

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around and went to Russian documents and Russian basically the

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Steele dossier, to use Russian sources to say Donald Trump

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did this and did that, and it was all bad,

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and she was the one that was meddling with the Russians.

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But the Russians also had more material apparently that they

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were going to spring after Hillary got elected to make

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her a week president. So it wasn't so much that

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they wanted Donald Trump. They just wanted to rough up

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Hillary Clinton before and then after she got elected. Trump

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turned out to be the beneficiary of that. So basically,

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this is uncovering a lot of the mystery behind what

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was going on. Senator James Langford from Oklahoma, I've always

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thought this guy was a great shooter, and let him

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explain what it is because he was on the Centate

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Intelligence Committee, what it is that he's getting out of

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these documents.

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Speaker 3: I want them to know the facts and the information

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as it really happened on. This is something I've talked

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about for years. The Russia collusion that was happening during

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the twenty sixteen campaign was not with President Trump. It

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was with Hillary Clinton. Her campaign was the one that

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was actually working with Russian services. Her campaign was the

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one that was creating all of this. They were pushing

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it into the administration. The administration's time, Barack Obama's administration

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and all the levers of government were immediately assuming all

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this is true, We're going to run with investigation and

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we're going to try to prove it wrong rather than

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what they should have done.

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Speaker 1: And what CIA.

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Speaker 3: Career folks were saying at the time, and that was, hey,

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we have no evidence for this, this doesn't smell right.

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But they were pushing it forward to be able to

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drive this line that somehow the president was colluding with

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Russia when it was literally exactly the opposite.

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Speaker 2: Yeah, So it seemed to be that it was an

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org frustrated event created by the people that were leading

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government agencies, starting with the President, Barack Obama and then

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the people that were the head of various agencies, and

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they were using the big boot of government to try

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to prevent Trump from being elected. And they hate him

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so much and they still do to this day that

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they were going to do anything and everything. I can

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imagine they probably thought, if they were not directly told,

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do whatever you have to do to get this guy stopped.

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And you know that they've been doing that for a

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long long time. I mean even the Republicans were trying

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to stop Donald Trump from being the nominee back in

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twenty sixteen. So there's been widespread effort to stop this

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guy all the way along, and I think it's becoming

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clearer and clearer that they were using all the tools

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of government to try to stop a candidate, which which

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is wrong on so many levers they talk about they're

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the protectors of democracy, just the opposite in this case.

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So with this good old Chuck Grassley ninety some years old,

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he's been around for so long and he's past the

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age of playing political games with this stuff. This is

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what Grassley had to say, that.

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Speaker 4: It was all effort of total distraction and to make

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it look like Russia was playing a very major role

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in helping Trump to be elected. And now we know

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none of that was true. And now with this Durham

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Report annex out, it finally proves that the FBI was

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covering up.

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Speaker 2: The FBI was covering up. Like I said, there were

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orders from the Oval Office to the various leaders of

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these government agencies. James call me the head of the FBI,

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Brendan Clapper. The list goes on to you use and

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do whatever they could to stop this guy, Donald Trump.

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Back to senat der Langford.

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Speaker 3: So the interesting thing is most of the people that

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have been involved in this have all been fired already.

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They're already out of the administration that was long ago.

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Trumpet fired them during the first administration, so that it's

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a matter of just following up to be able to

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see what needs to be done or what needs to

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happen from here. So there's a lot of decisions need

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to be made. Let's get all the information on and

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figure out what steps need to be done. But house

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has been cleaned on this already within the FBI, within

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the CIA. If there are additional folks that are still

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a part of that, that this report continues to be

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able to find when need to follow through and they

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do exactly the same thing to be able to make

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sure allding to be able to account. The tools of

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government should never be used for political purposes. You try

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to accomplish this, and certainly not to be able to

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undercut an election.

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Speaker 2: I mean, amen, the tools of government should not be

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used for political purposes. The thing is the people that

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are in big time politics, national politics. It is major

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league hardball, and they play tough and they play rough.

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As Mike Kakabe told me many times, for people who

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said they wanted to get into politics, he said, you know,

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it's a blood sport, right It truly is. But in

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this case, they did not stop at the line of

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using the tools of government to impact a political event.

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They used all the tools of government. So John Brennan

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reacted to all of this earlier today.

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Speaker 5: All the legitimate reviews that were done of the assessment

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subsequent to it, including the Senate Select Committee of Intelligence,

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bipartisan multi year review, endorsed and said that those conclusions

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and those findings were accurate. They were based on intelligence,

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and so there was no dispute about it, except when

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there are partisans who come out in support of Donald Trump.

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Right now, I think his reputation is pretty well intact.

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Talk about partisans, John Brennan is as deeply partisan as

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you can imagine, a deep, deep Democrat. That's fine, but

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don't use the tools of government to push your political agenda.

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But he said, if you had just heard what he said,

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he said, well, all the legitimate reviews, said the legitimate reviews, No,

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that's not all the reviews, And then he went on

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to talk about the Senate Intelligence Committee signed off essentially,

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and the Senate Intelligence Committee never read all of the material,

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So all the legitimate reviews said that everything was fine.

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What are you talking about that's what he's couching in.

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But he did carefully say he's very good. He carefully

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said all the legitimate reviews said everything was.

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Speaker 1: Up and up.

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Speaker 2: What about the other reviews. The only reason you don't

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call him legitimate is because of the fact they're calling

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you out. Back to one more from James Langford.

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Speaker 1: None of the law.

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Speaker 3: This should be consistent. I have every confidence in an

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Apartment of Justice and Pam Bondy and what will happen

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as they walk through this process to say, let's get

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the facts and the information out so finally the American

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people can know. I would tell you people that I

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know in Oklahoma have said for years this doesn't smell right.

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This continues to be able to come public to them

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to be able to say that's what I thought, and

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they're getting a chance to be able to get the

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facts behind it.

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Speaker 1: So that's a good thing. I have to tell you.

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Speaker 3: Just as a person of faith, I always say, what

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is whispered in the secret place will one day be

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shouted from the housetops. It's a good thing for all

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this information to be able to come out and let

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people see it in the daylight.

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Speaker 2: Yeah, I think it is good for all of this

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to come out. Again. I don't have a lot of Sorry,

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I don't have a lot of hope that anything's going

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to happen. But what it does tell us is all

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of us, as citizens of this country, regardless of your

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political stripes, that you've got to be on guard about

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the government using the tools of government to put their

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thumb on the scale regarding who is elected and who

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is not. So as we wrap up the month of July,

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that means we've got some new things happening tomorrow. We

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can start with student loans. Student loans have been on hiatus.

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There was a year ago during the Biden administration they

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were trying to get rid of student loans and did

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not have the authority. Supreme Court told President Biden, you

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can't do that, So he did reduce loans wherever he

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could according to the programs that that was what they

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should have been doing, because certain programs were offered to

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people that went into public service, first responders, police fire

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that sort of thing. But there were a bunch of

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other loans out there as well, and he was trying

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to get rid of those. Well, starting tomorrow, those loans

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will start accruing interest. Again, there has been a forbearance.

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There has been no interest due the balance whatever it

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was a year ago, hasn't increased and unless the students

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made pays then it's still the same as it was

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a year ago. Starting tomorrow, those loans will go up

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by the amount of the balance of the loan, will

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go up by the interest on the loan unless the

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student makes the payments on the loan, not only interest,

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but also principal interest or principal payments. So eight million

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loans are in play. There's a woman by the name

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of Bronti Remsick. She is an interesting case because she

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has gone through medical school. She is now aid, she's

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in her residency, and as all of us know, I

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think we do people that want to become medical doctors.

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It is a long slog through a lot of schooling,

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and then when you graduate with your degree, your medical degree,

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then you've got to go do an internship, and then

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after the internship, then you've got to go do a residency,

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and then after the residency, finally you get to go

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out and actually work as a doctor making money. So

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doctor Bronti Remsick, she has her medical degree, she's done

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her internship and listened to what she talked about because

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she's facing the fact that these loans are going to

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start a crowing interest tomorrow.

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Speaker 6: I've spent my entire twenties in school and so now

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in my thirties and as a young professional, I would

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love to have a life. I would love to be

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able to, you know, go on vacation and to eat

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dinner out and to live a normal human life in

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the very limited free time that I have. And now,

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you know, the financial walls just feel like they're crushing

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down around me. When I thought graduating medical school was

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the big win, well.

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Speaker 2: Graduating medical school is a big win. And I don't

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know how much she looked around to try to find

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ways to pay for medical school. There are lots of

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programs out there. I don't know if she qualified or

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did not qualified, if she even looked. So I did

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something that maybe I was prying a little bit, but

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I went to Instagram and I pulled up her Instagram account.

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And she's a lovely young lady and we need doctors,

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so God bless her. But she's he acted like she

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wants to live a life. I don't know. I think

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she yeah, here's a photo of her wedding she got married.

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She and her boyfriend slash husband, looked like they have

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traveled all over the world. They have been, I mean,

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some beautiful resorts and some you know, things on the

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ocean and outsailing, and it looks like they're in down

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in you know, ad moab Utah. The big rocks down

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there looks I don't know, all beaches look the same

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to me, but there's a lot of beaches. There are

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a lot of mountains, a lot of skiing vacations, a

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lot of boating vacations. I don't think we need to

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deny her the fact that we all would like to

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go out and do all those things. But when push

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comes to shove, she talks about the fact that she

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needs to she'd like to have a life. And it

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seems to me like she's had a pretty good life

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and that she spent a lot of money on having

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a good time. And again, good for her, But did

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she ever stop to think about, oh my, I may

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have to pay back those loans. So how much she

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owes well, medical schools a long slog. Like I said,

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she owes three hundred thousand dollars, and she sounds like

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she doesn't want to take responsibility for the fact that

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somebody paid for her medical education. So she just wants

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of many out there, they're going to face the music

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starting tomorrow. I personally know a handful of doctors. The

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way they did it is they went into the military. Yeah,

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they were military docs. And the way it works is

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you do so many years as a military doc, usually

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four I think it is, and they will pay your

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medical school. So I mean, there are Like I said,

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there are options. That doesn't sound like maybe she's got

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them all figured out. I could be judging her completely wrong.

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I'm not trying to judge her. All I'm saying is

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that she owed three hundred thousand dollars, and if I

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owed three hundred thousand dollars, I think I would be

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working on trying to figure out how to maybe put

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off some of my vacations and pay the debt down first.

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And speaking of the medical the White House today came

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out with a fact sheet President Trump announces actions to

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get Americans the best prices in the world for prescription drugs.

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And in this letter let me read it, kind of

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skip over a little bit of it here, but it

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says the President sent letters to leading pharmaceutical manufacturers, outlining

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the steps they must take to bring down the price

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of prescription drugs in the United States to match the

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lowest price offered in other developed nations, known as most

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Favored Nation price. The steps include calling on manufacturers to

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produce most Favored Nation prices to every single medicaid patient.

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Requiring manufacturers to stipulate that they will not offer other

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developed nations better prices for new drugs than prices offered

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in the United States, Providing manufacturers with an avenue to

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cut out middlemen and sell medicines directly to patients, provided

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they do so at a price no higher than the

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best price available in developed nations. Use trade policy to

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support manufacturers in raising prices internationally, provided that increased revenues

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abroad are reinvested directly into lowering prices for American patients

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and taxpayers. The letter basically informed the manufacturers to if

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they refuse to step up, the federal government quote will

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deploy every tool in our arsenal to protect American families

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from continued abusive drug pricing practices. So this went to

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all the big ones. Adv amjen Astrodenica, Bristol Meyer, Squib Eli, Lilly,

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Genen Tech, Johnson and Johnson, Mert, No, Varda, I mean

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the whole list. They're all there. So now we wait

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and see what happens. The letter goes on to say, hey,

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back on May twelfth, presidents signed an executive order about

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all of this, and it looks like they have done

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nothing about it. So this is where he's cracking the

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whip on the pharmaceutical company. So stand by to see

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what happens with this effort by the president to get

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prescription prices lower here in the US. I you know,

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Biden did get the price of what was it for

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diabetics insulin down to like thirty five dollars a month

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or something like that. That was nice, but it doesn't

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apply to that many people. This is huge. This is

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across the board with all the pharmaceutical managers that are

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out there, and he brought that up the middleman. Those

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are the ones that really drive up the price. And

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so the question will be wherever if you get your

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insurance from your employer, the employer has to deal with

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a middleman, pharmaceutical benefit managers what they're called, and they

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will say to the employer, here are the rugs that

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you can look that you can include in your insurance

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policy for your employees, and these are the prices and

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the employer goes through and picks out what they will

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cover and what they won't. So that's another step along

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the medical world there.

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Speaker 1: Today.

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Speaker 2: Jack Keene is talking today more about more along the

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line to what I was. I played for you yesterday.

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Michael orm is the former ambassador from Israel to the

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United States, and Hamas has done a superb effort of

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making this all look like Israel is the bad guy.

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Israel was minding their own business on October seventh when

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Hamas invaded Israel and killed what was the twelve or

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fourteen hundred citizens in their homes, and they were able

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to turn it around because Israel responded with everything they

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got and get the world against Israel because how there

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they retaliate against little old Hamas and the starvation in

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Gaza that has been blamed on Israel. Yesterday, Michael orm

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made it very clear that what's happening is the trucks

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that are distributing the aid. A lot of the Hamas

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soldiers have stopped the distribution of that of those foods

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and in fact killed some of the drivers of the trucks,

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So there's always another side to the story. So Jack

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Keane General Jack Keen kind of picks up on that here.

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Speaker 7: Today including the Nations recognize a Palestinian state, which obviously

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doesn't exist, and under the current conditions, it's unlikely it

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would even the Arabs are there on that situation, to

347
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be frank, But that's for another discussion. But yeah, the

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momentum is certainly on Homas's side here and there's strengthening

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their resolved not to make a deal, I mean, and

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the reality is Hamas for weeks now has held up

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this deal and the release of the hostages and attempting

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to get a sixty day cease fire. And I don't

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see anything in the future here that's going to get

354
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us there, at least in a near term. Certainly, Prime

355
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Minister Nantill has a number of options to consider here

356
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and what he could put on the table, it may

357
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be a better path. So if he's willing to have

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serious negotiations over the end of war strategy, os as

359
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opposed to the temporary sixty day cease fire, because the

360
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reality is as we get down to the end here,

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Hamas wants to hold those hostages for one reason, their

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own survival and the Israelis and where they're located. The

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Israelis have a pretty good feel where they are located,

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and that's where the concentration of the remaining Hamas fighters are.

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So Israel's not conducting operations aggressive operations in those areas

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because we need to protect the hostages. It may be

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another option open discussions for end of war strategy in

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terms of who is going to govern Gaza going forward

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and release all the hostages, et cetera. Nonetheless, this is tough.

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We knew this was coming when it got down to

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a much smaller number of hostages, and that really is

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the undercurrent here.

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Speaker 1: Harmas wants to survive.

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Speaker 7: I know the president wants them to surrender, SODA's Prime

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Minister Netnew.

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Speaker 1: I think that's unlikely.

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Speaker 7: I know for a fact that Israel has offered them

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exile and freedom, the leaders to leave, and they promised

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not to hunt them down after they did. But that's

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not in the cards. These guys don't want that. We're

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at a tough inflection point.

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Speaker 2: General Team makes excellent points about the fact that Hamas

383
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doesn't want to get rid of the hostages. They don't

384
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want a peace agreement. What will they do? They are

385
00:24:10,160 --> 00:24:16,799
basically playing survival for themselves. So at this point, countries

386
00:24:16,839 --> 00:24:21,440
are being asked to support a Palestinian state. Canada, which

387
00:24:21,480 --> 00:24:25,839
has caused problems now with negotiating on a trade agreement

388
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with Canada, but Canada came out yesterday and said that

389
00:24:28,839 --> 00:24:35,319
they will recognize Palestinian state if Israel doesn't, I don't know,

390
00:24:35,839 --> 00:24:39,599
bring in more aid, stop the starvation, that sort of thing.

391
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So here's Marco Rubio about the idea of where a

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00:24:44,839 --> 00:24:47,359
Palestinian state would play in all of this.

393
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Speaker 8: It's irrelevant. I mean, it's annoying to some, but it's irrelevant.

394
00:24:50,799 --> 00:24:52,599
It doesn't mean anything. First of all, none of these

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countries have the ability to create a Palestinian state. There

396
00:24:55,519 --> 00:24:59,000
can beino Palestinian state unless Israel agrees to it. Number two,

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00:24:59,000 --> 00:25:01,160
they can't even tell you where the Palestinian state is.

398
00:25:01,200 --> 00:25:03,119
They can't tell you who will govern it. And I

399
00:25:03,119 --> 00:25:04,680
think number three, it's counter productive.

400
00:25:05,119 --> 00:25:10,000
Speaker 7: Yeah, I mean, it's pretty frustrating watching the political charades

401
00:25:10,079 --> 00:25:13,160
that go on here. They're receiving some internal pressure in

402
00:25:13,200 --> 00:25:18,599
those countries from some of their population base, largely Muslims

403
00:25:18,599 --> 00:25:22,720
of people from the region who have some understandable empathy

404
00:25:22,759 --> 00:25:25,559
for the suffering that's taken place there. But you would

405
00:25:25,599 --> 00:25:29,160
expect national leaders that, particularly these countries that are involved,

406
00:25:29,240 --> 00:25:32,079
have a little bit more spine than that in dealing

407
00:25:32,119 --> 00:25:35,200
with the issue here. I mean, we all know it

408
00:25:35,279 --> 00:25:38,359
is Hamas who started this war. It's Homas who who

409
00:25:38,400 --> 00:25:42,279
continues this war, who Tamas who continues to hold the hostages,

410
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and it's Hamas whose barbarism has been on the line

411
00:25:46,680 --> 00:25:50,559
here from the very beginning. And for the life of me,

412
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why we don't pin the rows where it should be

413
00:25:53,400 --> 00:25:56,599
pinned right on them with a finger pointing at them

414
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is where this belongs, and certainly not on is And

415
00:26:02,720 --> 00:26:05,480
even dealing with the so called famine issue, two things

416
00:26:05,519 --> 00:26:09,039
can be right at the same time, and that is, yes,

417
00:26:09,079 --> 00:26:13,000
there are some issues there and food distribution and some starvation,

418
00:26:13,599 --> 00:26:18,160
but also Israel is correct, there's a significant amount of

419
00:26:18,440 --> 00:26:23,960
exaggeration and also misinformation associated with it as well, and

420
00:26:24,279 --> 00:26:28,240
these leaders have that information and they should step up

421
00:26:28,599 --> 00:26:31,920
and also recognize what the real problem here is.

422
00:26:32,000 --> 00:26:33,960
Speaker 1: It's not Israel, it's Amaas.

423
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Speaker 2: So just keep this in mind. There's always two sides

424
00:26:37,559 --> 00:26:41,000
of the story, and Hamas has done a very good

425
00:26:41,079 --> 00:26:45,839
job of blaming Israel, and Israel is that they don't

426
00:26:45,880 --> 00:26:48,359
know what, they're not very good at basically pushing back

427
00:26:48,400 --> 00:26:51,599
on the pr Put it that way, I want to

428
00:26:51,640 --> 00:26:56,519
talk a little economy today. We got a bunch of

429
00:26:56,519 --> 00:27:00,480
things out about inflation and about what you're what income

430
00:27:00,519 --> 00:27:03,119
you have, and what you're spending your money on. The

431
00:27:03,319 --> 00:27:07,680
core personal consumption expenditure, in other words, what we buy.

432
00:27:08,799 --> 00:27:12,559
It went up. The prices went up not a lot,

433
00:27:13,119 --> 00:27:16,440
from two point seven estimate up to two point eight

434
00:27:16,480 --> 00:27:20,279
percent year over year. So that's what the things you're buying.

435
00:27:20,400 --> 00:27:22,960
Prices have gone up two point eight percent. They're not

436
00:27:23,039 --> 00:27:25,400
going down. They're going up, They're just not going up

437
00:27:25,519 --> 00:27:30,599
very fast. Personal income was up up three tenths of

438
00:27:30,599 --> 00:27:34,160
a percent for the month. That's slightly better than expected.

439
00:27:34,400 --> 00:27:40,039
Consumer spending was down three tenths of a percent versus

440
00:27:40,079 --> 00:27:43,039
four tenths which was estimated, So I'm sorry. Spending was

441
00:27:43,079 --> 00:27:45,640
up three tenths it was estimated to be up four tenths. So,

442
00:27:45,640 --> 00:27:51,920
in other words, personal income was up slightly better than expected.

443
00:27:52,000 --> 00:27:56,480
Consumer spending was up slightly less than what was expected.

444
00:27:56,920 --> 00:27:59,640
There's more and more signs that consumer spending is starting

445
00:27:59,640 --> 00:28:04,920
to slow down here. The bottom line is, for the

446
00:28:05,000 --> 00:28:07,440
last couple of years, a lot of economists have been

447
00:28:07,480 --> 00:28:10,519
waiting for the recession. We're going to have a recession. Oh,

448
00:28:10,559 --> 00:28:12,240
the recession is going to come. I'm telling you it's

449
00:28:12,279 --> 00:28:15,559
on this way anytime now. And we haven't had a recession.

450
00:28:15,960 --> 00:28:19,759
So now we're waiting to see about Oh, inflation is

451
00:28:19,799 --> 00:28:23,079
going to be coming from the tariffs. I mean, tariffs

452
00:28:23,160 --> 00:28:28,119
generally do cause inflation, but we haven't. I mean, and

453
00:28:28,640 --> 00:28:32,720
the economic media is looking trying to stretch as hard

454
00:28:32,720 --> 00:28:35,039
as they can to say, oh, look at look at

455
00:28:35,039 --> 00:28:38,359
the inflation from the from the tariffs. If it's there,

456
00:28:38,440 --> 00:28:40,519
I'm having a hard time seeing. You've got to use

457
00:28:40,519 --> 00:28:43,640
a magnifying glass. So prices are up a little bit,

458
00:28:44,160 --> 00:28:47,279
in comes up a little bit, spending's down a little bit,

459
00:28:48,079 --> 00:28:52,160
but it's still I don't know if these We've got

460
00:28:52,160 --> 00:28:55,680
to wait further to find out what these terroriffs are

461
00:28:55,680 --> 00:28:59,440
actually going to do. And speaking of tariffs, guess what

462
00:28:59,640 --> 00:29:05,880
happened tomorrow? Yep, the tariffs go into effect and that

463
00:29:06,119 --> 00:29:12,000
is so far as of yesterday. According to the Budget

464
00:29:12,079 --> 00:29:17,200
lab at Yale University, the average effective tarift rate tariff

465
00:29:17,240 --> 00:29:21,960
rate imposed on goods that you and I buy stands

466
00:29:22,039 --> 00:29:26,640
at eighteen point two percent. That is the highest tariff

467
00:29:26,759 --> 00:29:33,559
rate since nineteen thirty four. So before Donald Trump took office,

468
00:29:33,599 --> 00:29:36,960
the tariff rate was two point four. Now it's eighteen

469
00:29:37,079 --> 00:29:41,759
point two. So what does that mean? Has anything shown

470
00:29:41,839 --> 00:29:45,240
up in prices? Well, the president's bragging about all the

471
00:29:45,279 --> 00:29:47,480
billions that have come in. I think he said one

472
00:29:47,559 --> 00:29:50,799
hundred and fifty billion have come in. Where did it

473
00:29:50,839 --> 00:29:56,079
come in from? Somebody is paying those tariffs. Generally it

474
00:29:56,319 --> 00:29:59,920
is the company that picks up the product at the dock.

475
00:30:01,000 --> 00:30:03,680
And so are they going to pass those prices on

476
00:30:03,960 --> 00:30:06,400
or not. Some companies have come out and said yes.

477
00:30:07,160 --> 00:30:09,000
Others have come out and said we're not going to

478
00:30:09,039 --> 00:30:11,599
do it. We're not going to pass those prices on.

479
00:30:12,279 --> 00:30:15,359
General Motors was one that said that. They said it

480
00:30:15,440 --> 00:30:19,000
cost them one point one billion in just the last

481
00:30:19,079 --> 00:30:22,839
three months to eat those tariffs and not pass them on.

482
00:30:23,799 --> 00:30:27,119
And I think all of us can figure out that's

483
00:30:27,160 --> 00:30:30,240
not going to last forever. General Motors is doing that

484
00:30:30,359 --> 00:30:34,160
right now. It's more of an advertising pr campaign. See

485
00:30:34,200 --> 00:30:36,279
what a good company we are. We're not passing on

486
00:30:36,400 --> 00:30:38,720
these costs. But they're not going to be able to

487
00:30:38,759 --> 00:30:42,200
do this forever, and they're going to gradually but surely

488
00:30:42,920 --> 00:30:47,240
pass those costs on. You know they're going to. So

489
00:30:47,759 --> 00:30:52,440
this is our imports have dropped the way off. Our

490
00:30:52,519 --> 00:30:58,119
exports have actually dropped off a little bit. China is

491
00:30:58,200 --> 00:31:02,359
exporting less to a man America to come down thirty

492
00:31:02,440 --> 00:31:07,680
percent the impact of the trade problems with China. Our

493
00:31:08,160 --> 00:31:13,880
imports have come down from China thirty percent. China, however,

494
00:31:14,720 --> 00:31:17,519
said fine, we'll do business with other people in the world.

495
00:31:19,440 --> 00:31:25,039
China has increased their exports to India, to Asiana, to

496
00:31:25,200 --> 00:31:30,200
the UK, to the European Union. The only major geographic

497
00:31:30,240 --> 00:31:34,119
area where they've reduced their shipments out of China to

498
00:31:34,160 --> 00:31:38,480
the other country is US. The US, So there's a

499
00:31:38,559 --> 00:31:46,720
noticeable decrease coming here from China. China's soybean imports there.

500
00:31:46,920 --> 00:31:50,880
Guess what used to come from US? Not anymore. They're

501
00:31:50,880 --> 00:31:55,200
coming from Brazil. We'll still send some, but not a lot.

502
00:31:55,720 --> 00:31:59,240
So they're going to Brazil to get their soybeans. See

503
00:31:59,240 --> 00:32:03,640
what else we have this list? Anyway, Tomorrow is the

504
00:32:03,680 --> 00:32:10,119
deadline and we'll see what this whether things change again

505
00:32:10,400 --> 00:32:12,200
or not. So here we are at the end of

506
00:32:12,240 --> 00:32:17,960
the month. Let's get some emails in here. Penny sends

507
00:32:18,000 --> 00:32:23,559
me a lengthy email. Let me open this up, says

508
00:32:23,960 --> 00:32:27,839
unsolicited comment the plate tectonic action yesterday off the Russian coast.

509
00:32:28,240 --> 00:32:31,079
I'm not a geologist, but I find it interesting. If

510
00:32:31,160 --> 00:32:35,079
I understood anything regarding the dynamic Earth, is that yesterday's

511
00:32:35,079 --> 00:32:38,079
action will pass through the Earth in the next few years.

512
00:32:39,039 --> 00:32:42,640
What is the Hague up to with regards to wars

513
00:32:42,680 --> 00:32:46,039
in Ukraine which was attacked by Russia and the attack

514
00:32:46,079 --> 00:32:49,880
of civilians in Israel? These are war crimes? Is the

515
00:32:49,960 --> 00:32:55,319
Hague another outdated, inert bureaucracy old boys club eating up

516
00:32:55,359 --> 00:32:59,640
money from the USA? She's writes the podcast is good, direct,

517
00:32:59,720 --> 00:33:03,599
dot committed and interesting. The news itself is not too good,

518
00:33:03,680 --> 00:33:07,279
often confusing or frequently drawn out from start to end.

519
00:33:07,319 --> 00:33:10,559
In years of stead of days, I'm enjoying the new

520
00:33:10,599 --> 00:33:14,920
format like the old time newsman. And she says, We'll

521
00:33:14,960 --> 00:33:17,960
see how the continuing tariffs hit it. So it goes on.

522
00:33:18,119 --> 00:33:23,640
Nice email from Penny. Tim says, why is it that

523
00:33:23,720 --> 00:33:27,119
all of Trump's tariff's deals so far are starting to

524
00:33:27,200 --> 00:33:31,400
rest at fifteen percent, which is a huge increase from

525
00:33:31,480 --> 00:33:36,359
two percent? Or five percent rates Europe, Japan, now South Korea,

526
00:33:36,440 --> 00:33:39,519
I believe UK as well. Then he says he wants

527
00:33:39,599 --> 00:33:42,559
to give some of it to the American people who

528
00:33:42,680 --> 00:33:45,839
he taxed to get it. Yeah, I don't think that's

529
00:33:45,839 --> 00:33:47,799
going to happen. If somebody asked him the other day,

530
00:33:48,039 --> 00:33:50,640
what about a rebate for the citizens, and he, of

531
00:33:50,680 --> 00:33:54,200
course is a politician, Oh yeah, that's a great idea.

532
00:33:55,480 --> 00:33:57,599
Maybe we should use the money to pay down the debt.

533
00:33:57,839 --> 00:34:02,079
And that was a much better answer. Eaglestorm's checking in

534
00:34:02,119 --> 00:34:05,920
about Kamala Harris announced she won't run as governor. Yeah,

535
00:34:06,720 --> 00:34:08,440
I don't know what you think about that. I thought

536
00:34:08,440 --> 00:34:13,719
it was smarter her not to do that. Backfire on

537
00:34:13,880 --> 00:34:18,239
Richard Nixon when he lost to John Kennedy in nineteen

538
00:34:18,320 --> 00:34:21,800
sixty ran for California governor and lost and made them

539
00:34:21,800 --> 00:34:23,679
look even worse, but didn't hurt him. He went on

540
00:34:23,800 --> 00:34:27,000
to become president. Oh, Captain S, and I'll read this

541
00:34:27,039 --> 00:34:30,920
to you. Captain S is not happy, and Captain S,

542
00:34:31,039 --> 00:34:34,519
I mean it sounds like you're angry. But I appreciate

543
00:34:34,559 --> 00:34:37,519
the criticism. He said Tom too much in New York

544
00:34:37,599 --> 00:34:39,760
Local News boring for the rest of the country. This

545
00:34:39,840 --> 00:34:43,039
country is so much more than New York City. Get

546
00:34:43,039 --> 00:34:46,079
out of your bubble. I'm so tired of the media

547
00:34:46,199 --> 00:34:51,480
mafia talking the same old subjects every day. Brent in Nevada, Brent,

548
00:34:51,559 --> 00:34:55,159
I hear you loud and clear, and I can't if

549
00:34:55,199 --> 00:34:58,320
you only knew how many times I have New York

550
00:34:58,400 --> 00:35:03,400
centric stories and I don't do them because I lived

551
00:35:03,480 --> 00:35:05,679
most of my life on the West Coast, and I

552
00:35:05,679 --> 00:35:10,159
irritated me was the media capital of the country is

553
00:35:10,199 --> 00:35:13,960
in New York City, so if a bird flies overhead,

554
00:35:14,000 --> 00:35:19,400
it becomes national news. The shooting over at the building

555
00:35:19,440 --> 00:35:24,800
on Park Avenue, I used. I did do the information

556
00:35:24,920 --> 00:35:27,880
on that, but I also talked about the information about

557
00:35:27,920 --> 00:35:34,639
the shooting at the casino in Reno, Nevada. And I

558
00:35:34,719 --> 00:35:37,440
because it's not the media capital, it didn't get the

559
00:35:37,920 --> 00:35:42,119
in depth reaction report that and everything else that the

560
00:35:42,159 --> 00:35:45,039
story did here in New York. So yesterday I did

561
00:35:45,039 --> 00:35:50,119
the story not from a shooting story, but from the CTE.

562
00:35:51,320 --> 00:35:54,719
The fact that the shooter wrote the fact that he

563
00:35:54,840 --> 00:35:59,639
thinks he had CTE the brain problem from too many,

564
00:36:00,079 --> 00:36:02,400
too many hits. That's a football player when he was

565
00:36:02,440 --> 00:36:07,039
in high school. I think that's not a New York story,

566
00:36:07,400 --> 00:36:10,599
not at all. I think about Junior Seau, who played

567
00:36:10,599 --> 00:36:13,719
for San Diego Chargers. He was the first one. I'm

568
00:36:13,760 --> 00:36:16,159
sure there were others before him, but that really it

569
00:36:16,280 --> 00:36:18,840
was clear that that's why he committed suicide. He shot

570
00:36:18,920 --> 00:36:22,840
himself in the head. So the CTE part of the

571
00:36:22,880 --> 00:36:25,599
New York story was really what my focus was on.

572
00:36:25,920 --> 00:36:28,760
But I hear you, Brent, I do, and I'll bring

573
00:36:28,800 --> 00:36:32,880
you New York stories. I'll bring you La stories the

574
00:36:32,920 --> 00:36:37,239
two media capitals. But I mix in. I try to

575
00:36:37,239 --> 00:36:41,320
mix in much much more than that as well. Well,

576
00:36:41,360 --> 00:36:45,559
we got here. Oh as far as phone calls go,

577
00:36:46,719 --> 00:36:51,880
some of you are leaving phone calls that are four

578
00:36:51,960 --> 00:36:58,599
or five six minutes long. That doesn't work. But let

579
00:36:58,679 --> 00:37:01,039
me play some phone calls here while we while we're

580
00:37:01,039 --> 00:37:04,480
talking about here's one from our old friend Eric, who

581
00:37:04,880 --> 00:37:08,280
originally lived in Russia, and this is what he had

582
00:37:08,320 --> 00:37:13,119
to say about about the big earthquake and then subsequent tsunamis.

583
00:37:13,639 --> 00:37:18,400
Speaker 9: But the earthquakes and tsunami, the main thing is not

584
00:37:19,079 --> 00:37:24,519
the strength of this earthquake. It's the direction of the earthquake.

585
00:37:25,199 --> 00:37:29,440
If it's a vertigo, you get a beat tsunami. If

586
00:37:29,440 --> 00:37:33,760
it's a horizontal shakes, you don't get much tsunami. So

587
00:37:34,719 --> 00:37:41,320
apparently in Tramchatcha. What's nice was eight point nine was

588
00:37:41,519 --> 00:37:45,320
sixty six years ago when there was the same earthquake

589
00:37:46,199 --> 00:37:51,440
in that area and it was horizontal shake, it was

590
00:37:51,519 --> 00:37:55,239
not much tsunami. If it was vertigo, it would be

591
00:37:55,280 --> 00:37:58,280
a different story today for four great show.

592
00:37:58,480 --> 00:38:03,039
Speaker 2: Thank you, yeah, no, thank you so well out of

593
00:38:03,039 --> 00:38:04,920
the side of that shake. I mean it was an

594
00:38:04,960 --> 00:38:07,159
eight point eight eight point nine something. It was huge,

595
00:38:07,400 --> 00:38:11,559
and yet the tsunami waves weren't all that big. So

596
00:38:11,679 --> 00:38:15,199
maybe he's he's right about vertical versus horizontal movement of

597
00:38:15,239 --> 00:38:18,440
the earth. What else do we have here? Here's a

598
00:38:18,440 --> 00:38:21,440
phone call from Ron. See what he has to say.

599
00:38:21,519 --> 00:38:24,199
Speaker 10: Yeah, this is a r what a CALLI about the

600
00:38:24,239 --> 00:38:28,280
homeless situation. I worked in a homeless area on my life.

601
00:38:28,440 --> 00:38:31,440
Speaker 9: And I got some points I think, would you good

602
00:38:31,440 --> 00:38:34,000
to say about the whole homeless population? Thank you?

603
00:38:34,079 --> 00:38:36,800
Speaker 10: Oh boy?

604
00:38:36,960 --> 00:38:40,199
Speaker 2: Okay, So we need to figure out the ground rules

605
00:38:40,199 --> 00:38:42,239
on some of this. First of all, Ron, thanks for

606
00:38:42,280 --> 00:38:46,280
the call. Thank you for working with the homeless population.

607
00:38:46,400 --> 00:38:48,280
And you have some points you want to make about it.

608
00:38:48,920 --> 00:38:52,400
You gotta make it as you on the call, whatever

609
00:38:52,440 --> 00:38:55,119
your points are, and then you started to give out

610
00:38:55,159 --> 00:38:59,599
your phone number. Two things one is I don't want

611
00:38:59,599 --> 00:39:02,480
to play your phone number on the air. And secondly

612
00:39:02,639 --> 00:39:06,320
is I can't call back people that call on the

613
00:39:06,360 --> 00:39:12,000
comment line. I'd be here twenty four to seven making

614
00:39:12,079 --> 00:39:15,079
phone calls, so that isn't going to happen. I got

615
00:39:15,119 --> 00:39:18,519
another one from a guy David, I think a Hawai

616
00:39:18,559 --> 00:39:21,519
David or something like that. He went on for four

617
00:39:21,599 --> 00:39:24,880
or five minutes. That's way too long. And there's another

618
00:39:24,920 --> 00:39:27,679
one I got from a guy called three times and

619
00:39:27,719 --> 00:39:31,000
wants me to call him back. I'm sorry, I have

620
00:39:31,719 --> 00:39:36,280
hundreds of these. I can't sorry, I just can't do it.

621
00:39:36,760 --> 00:39:39,639
So just trying to lay down some of the ground rules.

622
00:39:40,159 --> 00:39:45,480
Let's see Lorie the comment line lady, she's always had

623
00:39:45,840 --> 00:39:49,000
had the ground rules down. Let's see she wants to

624
00:39:49,000 --> 00:39:50,320
talk about redistricting.

625
00:39:50,719 --> 00:39:55,920
Speaker 11: Texas wants to redistrict to protect the Republicans. Now California

626
00:39:55,960 --> 00:40:01,079
wants to redistrict to protect the Democrats. I hear mel

627
00:40:01,199 --> 00:40:04,639
Brooks's voice in my head saying, we've got to protect

628
00:40:04,639 --> 00:40:06,599
our phony baloney jobs, gentlemen.

629
00:40:07,119 --> 00:40:10,760
Speaker 2: Yeah, mel Brooks classic line did I see that he's

630
00:40:10,920 --> 00:40:13,559
ninety nine years old. Now, oh, and here's a lady

631
00:40:13,559 --> 00:40:17,159
who called and it's one we've done in the past,

632
00:40:17,480 --> 00:40:20,320
but I'll play it again. About the fact that the

633
00:40:20,360 --> 00:40:25,119
way the podcast work, they just insert commercials right into

634
00:40:25,159 --> 00:40:29,079
the middle of mid sentence and it's driving people crazy,

635
00:40:29,119 --> 00:40:32,199
including me. Here she is, Oh, hi, this.

636
00:40:32,360 --> 00:40:36,599
Speaker 10: Is a message for the Tom Sullivan podcast, and I

637
00:40:36,719 --> 00:40:40,519
just wanted to get some feedback on the podcast. I

638
00:40:40,559 --> 00:40:43,920
see that you do it on spreaker, which I don't

639
00:40:44,000 --> 00:40:49,079
download it from speaker, but I download it from another downcast,

640
00:40:49,239 --> 00:40:53,360
is what it's called. Anyhow, just SYI the editing on

641
00:40:53,440 --> 00:40:56,639
it is pretty bad and it cuts you off mid

642
00:40:56,679 --> 00:40:58,840
sentence and they'll break to a commercial. So I'm not

643
00:40:59,119 --> 00:41:01,519
sure if you're aware or if that might just be

644
00:41:01,599 --> 00:41:07,000
some issue with the downcast at but it's a little

645
00:41:07,639 --> 00:41:09,719
It's not so great as a listener because you'll be

646
00:41:09,800 --> 00:41:12,800
like mid sentence, mid thought, and then boom it cuts

647
00:41:12,840 --> 00:41:15,519
off and goes to commercials. So anyhow, it's just FYI

648
00:41:15,960 --> 00:41:19,960
still love listening to you, Thanks buddy.

649
00:41:19,960 --> 00:41:23,920
Speaker 2: And thank you. Unfortunately I am aware of it, but

650
00:41:23,960 --> 00:41:26,519
I'm not aware. But when we do the recording for

651
00:41:26,599 --> 00:41:32,760
the podcast. There are no commercials. It's commercial free. They

652
00:41:33,119 --> 00:41:37,559
when we upload it to them and then they insert

653
00:41:37,679 --> 00:41:40,519
those ads and I'm trying to figure out how we

654
00:41:40,559 --> 00:41:44,119
can solve that somehow, but I know it's irritating, and

655
00:41:44,159 --> 00:41:48,440
I appreciate your indulgence until we get that corrected. But

656
00:41:48,519 --> 00:41:50,599
I know it drives me crazy too. And then finally

657
00:41:50,880 --> 00:41:53,639
one more from Laurie the comment Longe Lady. She's talking

658
00:41:53,679 --> 00:41:55,599
about Kamala Harris.

659
00:41:56,280 --> 00:41:59,920
Speaker 11: The race for the California governorship will be starting soon.

660
00:42:00,639 --> 00:42:03,519
There's a lot of Democrats who want to run, but

661
00:42:03,559 --> 00:42:07,199
they won't declare until Kamala Harris makes her intentions known.

662
00:42:07,760 --> 00:42:08,679
Speaker 10: She says she'll do.

663
00:42:08,719 --> 00:42:14,199
Speaker 11: That by Labor Day, Madame Vice President, defecate or relinquish

664
00:42:14,360 --> 00:42:15,039
the crockery.

665
00:42:15,320 --> 00:42:20,119
Speaker 2: Well, that's a very polite way of changing the old statement.

666
00:42:20,440 --> 00:42:23,320
And now we know that she has made her announcement.

667
00:42:23,400 --> 00:42:27,280
She made it yesterday afternoon, and she's not running for

668
00:42:27,360 --> 00:42:31,199
California governor, which I think is I think is smart

669
00:42:31,199 --> 00:42:34,320
because I just don't think she would have won. But

670
00:42:34,480 --> 00:42:36,880
she's going to try. I'll bet you a large lunch

671
00:42:36,920 --> 00:42:39,639
of the drive up window that she's going to try

672
00:42:39,679 --> 00:42:46,119
to run for president again. And I think it's preordained that,

673
00:42:46,760 --> 00:42:49,199
just like the last time she ran for president, off

674
00:42:49,199 --> 00:42:51,119
to a great start and was the first one out

675
00:42:51,159 --> 00:42:53,960
of the race. It was first one out of the

676
00:42:54,039 --> 00:42:58,920
race of all the Democrats. So Wall Street, let's get there. Today.

677
00:43:00,159 --> 00:43:05,159
Dow Jones Industrials, Oh, down again. It's been going up, up, up,

678
00:43:05,199 --> 00:43:09,679
so down today, three hundred and thirty points, the Dow

679
00:43:09,760 --> 00:43:13,039
at forty four thousand and one thirty, the SMP down

680
00:43:13,119 --> 00:43:19,079
twenty three, the Nasdaq down seven, price of gold down

681
00:43:19,159 --> 00:43:22,639
nine dollars to thirty three forty three, and the price

682
00:43:22,679 --> 00:43:25,960
of oil after going up to seventy yesterday, down most

683
00:43:25,960 --> 00:43:29,000
of a buck, down the sixty nine dollars and some change.

684
00:43:29,440 --> 00:43:34,199
So thank you for coming by today. Tomorrow morning we

685
00:43:34,320 --> 00:43:38,679
get the July jobs report, which is always going to

686
00:43:38,679 --> 00:43:42,599
be important, and I'm sure we'll have more than that

687
00:43:42,800 --> 00:43:45,280
as well. Hope to see you tomorrow. Thanks for coming

688
00:43:45,280 --> 00:43:55,199
by today.

