Speaker 1: What's going on? Thank you so much for listening to
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Speaker 2: If you would like to get on today's conversation, I
will do this often so you'll have the opportunity to
do so your news Talk eleven ten ninety nine three
WBT seven O four five sevenh eleven ten seven oh
four to five seven eleven ten, because I'm sure some
backs will be scratched and fur rubbed the wrong way.
As I say, welcome, ladies and gentlemen, and those are
the only two that are kind of welcome. Do you
find yourself outside the realm of lady or gentlemen? I
don't know what to really tell you to do. Talk
to someone, talk it out. You can do that. Now.
I want to get to a couple of things. Nick
spent a preponderance of his time this morning on the
on Vince Cokeley Show discussing Elon Musk's new endeavor. And
I would say we will talk about some of that
also a little bit about the Texas flooding and the
opera political opportunities behind the Texas and North Carolina flooding.
By the way, North Carolina quite a bit of flooding
as well over the past two days as Chantal came
ashore down because now where I live down a down
at Oak Island. Most of the time it was supposed
to be very bad there, but it ended up kind
of coming up through Charlotte and the Sandhills and all that,
and through Durham and Moore County and Chatham County and
that area. It's been rather devastating. I think they finally
they had one death. But you know, seven eight inches
of rain falling in an hour or so two hours
at a very short period of time caused massive flooding up
in that area. Now let's get over to the Elon
Musk situation. Because I was listening to Nick, I thought
Nick had a lot of good intel. We obviously have
different perspectives, age, time, experience, all of that. All of
that and and you may have some thoughts on this
as well. Now, I think Elon has done some amazing work.
He's a futurist and and and he's a bit odd. Now,
I don't know. I could look it up, but I'm
not going to. Or I could even ask Siri or
ask Alex or ask Echo whatever device you have handy.
You know, how many kids, by how many different women
he has? I think he has like eleven kids, seven
different women, but I'm not sure. Don't quote me on that.
You can check yourself. And I'm not putting that down.
Not my cup of tea, not my role, but as
a you know, somewhat libertarians, that's his thing. But he
has there's a reason he's not in long term relationships.
There's a reason why he's kind of isolated in in
his own world in many respects. It's he's kind of
the Michael Jackson of futuristic endeavors. You know, a lot
of people don't want to tell him he might be wrong.
A lot of people don't He'll say, hey, I really
want to see this happen. They'll tell him from a hey,
you can put a rocket on the mood. He said
he wants to go to Mars. He would love to
die at you know, on Mars, but not on impact,
which I think is a great line, and he's wildly entertaining.
I don't want folks to turn against him, but I
think they will whenever something big like Remember the political
left loved Elon Musk, by the way, the political left
used political left used to love Donald Trump. They give awards,
the NAA speak gave awards. They loved him until he
came down the escalator and said he was a Republican.
He even ran for president before on a third party ticket.
That's just ironic finding out where we are now. But
then they hated they hated him when he was working
with Doze and working with the president, supporting the president.
That want to key the cars that they told everyone
to go by. And now I'll guarantee you the political
left will cheer Musk creating a third party because who
benefits the most. I mean, the Republicans already had a
couple challenges holding the House and the Senate. At the
national level, they will have even more of a challenge
if Elon Musk goes through with this. Now, part of
the issue is he did originally threaten to go through primaries.
In other words, if you were an incumbent Publican that
voted for the big beautiful Bill, he said, I'll guarantee
you you're going to have a primary. Well, if he's running
a third political party, you won't be running in primaries.
He'll put candidates up to compete. So you have a
Republican or Democrat, and then someone who thinks mostly like
a Republican or a Conservative that's running against a Republican,
which means almost assures in every one of those situations
that you've got a Ross Perro, Bill Clinton, George Herbert
Walker Bush. You know you've got a George Bush running.
And so it's a great way to destroy the thin
majorities in Congress by having a third party. It'd be
different if the Democrats were split. But there's a reason
why demost don't split, and it's because they have a
very while on the one hand, they have a very
monolithic way of looking at the world. They are a
loosely held coalition of special interest groups. Now, if you
wanted to, you could break them down into like twenty
different special interest parties. If they were in Europe, that's
what they would be. They would have the pro Abortion Party.
You know, you would have the pro high text let's
get those rich people party. You would have the ultra
green lefty Party. You would have the Anti Hunter Party,
you would have the Hunter I mean Hunters. You would
have the pro Invade the US Immigrant Party. But the
Democrats are very good at keeping all of their rather
interesting leftists on the plantation. Now where they've lost ground
is they've lost a lot of grounds, so their special
interest parties have stayed on the plantation, but a lot
of the minority groups have gone. They've they've lost a
lot of Hispanics. They're they're losing people who are capable
of thinking beyond one issue. They're losing those they're looking
at that. They're losing blacks, Hispanics, they're losing some women.
They're losing people who are thinking more broadly about the economy,
more broadly about the country, and looking at history more
and more, especially as they get older. You know, the
old Winston Churchill adage. You know, if you're not a conservative,
or excuse me, if you're not liberal when you're twenty,
you have no heart. If you're not that same person
isn't a conservative by forty, they have no brain. That's
a problem. That's where the Democrats find themselves. You know,
in fact, a lot of the cool folks, a lot
of the young folks, are finding Republicans to be cool.
They're like that their rejection is of the the Obama coalition,
and they're kind of rejecting that and thinking they're cool
by being Republicans ironically. So we'll see how all that
plays out. But here's my guess on this is always
is the case with the political left. You know, they're
going to cheer this. And what's gonna happen as many
people on the right will start attacking Elon. People will start,
you know, the elone people will start attacking the Republicans.
And what gets lost in this is what is the
philosophy underlying this Todate I haven't seen I've heard this
American Party. Elon's putting it all out there, but he doesn't.
It's really about Dough. She's really upset about the two trillion.
And if you'll remember, Ross Perot's complaint was the giant
sucking sound. Y'all, we're gonna have a giant sucking sound
after that's gonna pull all the jobs out of the country.
That was Ross Perot's way of looking at the world.
It's the same kind of very one dimensional, one issue
way of looking at things. So Elon's like, I can't
believe this bill. He said, you could have one. You
could have a big bill or a beautiful bill, but
you could have both. And that's where he kind of
hitched his wagon. And that's where he got upset. That's
where he got torqued and said, but what he was
ready to do, he was letting perfect stand in the
way of progress. And that's that's one of the most
serious problems we have. And I think Nick, you know,
talked about agreeing with some one hundred percent of the time.
If you've ever been married, if you've ever been in
a significant relationship, if you have an eighty percent day,
it's the definition of a good day. You get along
with somebody eighty percent of the time, it's pretty good. Now,
this bill is far from perfect, and there's gonna be another.
It's gonna be reconcilation bill looks like in the fall
one in the spring. That's getting in the weeds a
little bit. We'll get into some of that maybe later.
Speaker 1: All right, if you're listening to this show, you know,
I try to keep up with all sorts of current events.
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Speaker 2: I was having a conversation with someone earlier speaking of
and I had said, you know, hey, the situation is
being rectified full stop something to that effect, And they said,
what does that mean? Full stop? And you know, I
hadn't thought of that. It's one colloquialism, not even a colloquialism.
It's kind of a new phrase that's uttered by folks.
Full stop. It's kind of instead of Mike drop. I
guess Mike drop used to be the old one. Remember
when Obama had said President Trump would never be President
Trump dropped the mic. So full stop means kind of
the end of conversation. And a lot of people said, well,
if you say that, and you say it on the radio,
you probably need to tell people what the heck you're
talking about. So that's what that means for those of
you who may not know what full stop means, if
you hear me say it today, which I am inclined
and might do so. The situation in Texas was horrible
is horrible. The death toll, I believe is up to
eighty nine. It's going to go much higher. That is
an unfortunate reality of where we find ourselves seventy five
dead in Carr County alone, including you know, forty eight adults,
twenty seven kids. The can't mystic. Situation is terrible, and
you know we we certainly hearts thoughts, prayers all with
the folks out there that are dealing with this. From
a mental standpoint, it's horrific. From a real I mean
the reality of that kind of flooding. This took place
about one hundred miles from where one of my childhood
homes in Del Rio, Texas. So it's just north of
the Del Rio area and kind of hilly country. Some
people are saying mountainous area always thought of its big hills,
but again, when you ever you have a lot of
rain that falls in a hilly area. We saw this
in the North Klina Mountains. You had epic rainfall falling
and going right there those valleys in between mudslides and
this cask gets wall of water. I mean that Camp
Mystic was out there on that point, just this twenty
seven foot wall of water coming washing through. They're destroying
everything in his path. Some of the stories of rescues
are amazing. They really are heart wrenching. Some of the
lives sacrifice to save others also heart wrenching. But I
want to there's a different side of this story because
I believe that tragedy in general, especially from an American
stand point, often unifies and brings us together. I mean,
case in point would have been nine to eleven. We
saw our country unified in a way that heretofore it
it just had not been through the Clinton years and
heading into the Bush years. That was a unifying moment.
You see this when whenever there's a tragedy anywhere in
the world, we find we as a nation are the
number one donors to almost any tragedy, whether it's a
tsunami in Thailand, or whether it's an earthquake wherever volcanic,
whatever tragedy befalls people on the planet, Americans are to donate.
They are often the most generous. They are the ones
that send the most relief and supplies anywhere on the planet,
including our own country. And so this horrible event, I
don't care what your political background is, your response to
it should be empathy at least empathy and a great
deal of sympathy and hopefully wanting to do more. And
we know they will. But I want to bring to
your mention a story about this that is a little
It is tragic from a perspective standpoint, and it has
to do with a she's a pediatrician. And then if
you're on social media, you saw this story. The New
York Post ran the story, and it's just kind of
it's tragic. And this is from the New York Post.
A pediatrician. A pediatrician in Texas has been fired over
a post suggesting that more than the eighty killed in
the horrific Texas floods, including dozens of kids, were President
Trump supporters who got what they voted for. Doctor Christina
probsed p ro Pst drew widespread scorn following her post,
which she deleted from Facebook. May all visitors, children, non
MAGA voters, and pets be safe and dry, she wrote
in an out put a deleted post. She's a pediatrician.
She looks after your kids. Carr County. MAGA voted to
gut FEMA, they deny climate change. May they get what
they voted for? Bless their hearts. Proached employers Bluefish Pediatrics
initially said the employee had been suspended, before announcing that
the individual is no longer employed there. As we previously
mentioned in our original statements, we strongly condemned the comments
that were made in that post. That post does not
reflect our values, our standards, or our mission, the company said,
And she literally said that may all visitors, children, non
maga voters and pets be safe and drawing. Now, as
much as you think, how could someone write something like that.
It is a mental state that I had a discussion
last week with another friend. They absolutely believe anybody that
disagrees with them is in a cult. They believe anybody
that disagrees with them is a You must be maga.
And I said, well, I want to make the country greater.
Speaker 3: Man.
Speaker 2: Yeah, I love this country. I think this country is amazing.
It's diverse, it has diversity of opinion, thought ways to
solve problems. It looks that, it looks at things. It
doesn't run away from its past. It embraces it. And said, yeah,
we made mistakes here there when we fix them. Until
you lefties come out there and start wanting to tear
down statues and everything else, we pretty much want people
to remember what the hell happened in this country. And
they got incensed and started talking about you know, oh
my gosh, you want to put people in cages. It
was basically over the alligator Alcatraz situation. And I said,
it's funny, you weren't upset about the kids in cages
when Obama did it. You weren't. Were you upset when
Obama deported two point seven million people? They just got
up to more upset and they just become very emotional.
Will other countries do this? Other countries embrace immigration? I said,
our country does too. In fact, in Southport, North Carolina,
every fourth of July, usually the third, there's a massive
swearing in of people from all over the world that
have spent time, effort, energy, money, resources, everything to become
a US citizen. This time was fifty eight individuals from
twenty eight different countries that got sworn in. They worked
very hard to become citizens. Hoorah, that's fantastic news. But
we know who they are. They are citizens of this
country now they are proud to be citizens. They didn't
come here undocumented, unknown. We don't know who they are.
And by the way, the Alligator Alcatraz is for individuals
that have criminal records that we know about. That that's why
they're going to that place. They have air conditioning. By
the way, they have doctors on staff, they have legal counsel.
This is a pretty good setup. But it's like I
can't believe people in casions we're treating him if it's
like animals are not animals. Never said they were animals.
But if you want to come to this country, come
here legally. Even on the app there's been more than
a million people that have self deported because they want
the opportunity to come back to this amazing country. And
that's a beautiful thing. You should that's great. But don't
think that in Europe they're not having this problem. Don't
think in other countries that they just let you run
into the country without accountability. I mean, it's a big
thing in the European Union right now. They're being overrun
as well. But it's an Islam situation there and it's
causing havoc from a cultural standpoint in Europe. So don't
think for a minute that somehow other countries are not
experiencing this being overrun and having to deal with I
don't care how lefty they are. Eventually they want to
preserve some of their culture. They're trying to deal with this.
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Speaker 2: It's one of those days. There's always a lot happening,
and sometimes it's hard to just focus on this one thing,
and so many shiny objects that are riveting and interesting
and fascinating that getting to them sometimes can be a challenge.
Well is right now though, someone who has called before
on this broadcast, Winston, Welcome to the show. I think
we picked your interest with the Elon Musk creation of
the new political party.
Speaker 3: Chad, thank you for taking by. I really appreciate you
takeing my call. Hey, listen, they're weigh in on the
Texas floods and also on Elon Musk. Let's go ahead
and address the Texas floods. You know, in an age
of AI and protective ability and all this technology, yet
these we have no sirens. We don't have any sensors
set up for this river that is prone and has
been proned in the past two flood at accelerated rates.
If I was a parent who lost a child, and
I've had two daughters that I raised, I would want
to know why, and I would be mighty pissed off.
And when I see what the Trump administration did, but
the cutbacks, Hey listen, I'm not bringing Trump, but listen,
he dialed back the investment and the tools needed to
protect those children full stop. What do you think, Well.
Speaker 2: Well, let me address some of this because a lot
of people have tried to say this stuff and the
truth of matter, the National Weather Service had extra staff
members on hand throughout this event that were flood watches
posted throughout the event, and but prior to the event
it was a flash flood. It was a forty five
minute to get out of the way kind of warning,
which is about eight times more than you would get
with a tornadic activity just north of they're in Kansas
or North Akota where they're more frequent. So you're right.
I think we are a country that looks for someone
to castigate and blame, and I'm sure that will happen
as we get out of this and when we find
the bodies, when we find out everything. It is not
a you know, when they say once in five hundred,
once in thousand years, that doesn't mean it happens once
every five hundred or thousand years. It means statistically speaking,
go ahead, go ahead, Winston.
Speaker 3: You know, Marjorie Taylor Green has made a point that
our government is engaged in weather modification, stratispheric air injection.
And you know there's laws have been passed in Florida
that prohibits the use of the government putting the substances
in the air. If you go ahead and google these
laws are passed. And Marjorie Taylor Green said, hey, what
are we doing to our to our skies? You know,
and you know this has got to be contributory to
what happened. And listen, I want I don't want this
thing to happen again. You know, that's where that's where.
That's where I'm at. So and then me, can I
go ahead and head Elon Musk real quick.
Speaker 2: Go ahead your own roll.
Speaker 3: You know, Elon Musk uh. And I'm very disappointed in
the Freedom Caucus, you know, uh, you know, they they
folded quicker than a cheap Walmart lawn chair. And I'm
just very disappointed in our congress person down here at
a forty six in South Carolina. He was a member
Free the Caucus. But you know, Elon Musk makes a
good point. You know, in the last four years we
have minted more millionaires, and the separation from the pores
to the riches has widened to the why that has
ever been.
Speaker 2: Well, let's let let me ask you. Wait wait wait
wait wait, wait, hear me out. I have a question
for you, because I think it's relative. So the number
zero or being poverty stricken really doesn't change. I mean,
when you're below a certain threshold, you're in poverty, correct, right,
I mean that's the definition of poverty, is an inability
to have the mean to But you would also say
that when you have inflation, that the purchasing power of
a given dollar is less than it was before. You
would also agree with that, right, So the number of
millionaires is really a false way of looking at wealth
because you know, you have one side. You can't get
more than power, Okay, okay, you know, and then and
then you have a number of millionaires and you're talking
about this this chasm between rich and poor. But we
also have you know, a lot more people on you
know that are getting assistance as well. We have a
problem with this in our country, there's no doubt you
but acting like it's just you know, we got more millionaires, well,
that the purchasing power of millionaire is not what it
was twenty years ago.
Speaker 3: Missing the payment protection loans benefited people that didn't need it.
Donald Trump actually got for his resort millions of dollars
from the public treasury. He raided the treasury a lot
of people in business. In short, people went to the
feeding trough and they helped themselves. And then when it
comes around to the big beautiful bill, they couldn't go
ahead and raise the taxable rate on the highest way
journers from thirty seven is thirty nine percent, but they
would rather get it from the middle class and the
working class. And this fucks me the wrong way. And
that's what Elon Musky's Elon Musky is it. He's very intelligent.
Even though I'm short in the stock right now. I
shortened it on Friday and it gapped down seven points,
I mean seven percent. So but I think Elon Musk
is going to be a force to be reckoned with.
And I you know, I'm on and I'm done with Trump.
I am done with Trump. And that's that makes me
a bad guy. I'll wear that.
Speaker 2: Let me ask you this, what percentage of the nation's
taxes should be paid by I'll assume your wars on
the top five percent of earners. Now I'm gonna talk
about wealth, like Elon could have a dollary here, but
his net worth is in the billion, so I'm not
going to pick on him or anyone else. A lot
of high earners don't necessarilycessarily you know, a lot of
people who have a lot of wealth don't necessarily make
a lot of money, if that makes sense. They have
stock options, they have a thousand other things you kind
of loosely referred to. And what how much of the
nation's tax burden should the top five percent be responsible for?
I know, in your in your opinion.
Speaker 3: But listen, that's stock with the carried interest per big.
Speaker 2: Wait wait wait, no, no, no, no, no, no, Winston, don't
go off on a tangent. I ask you a very
open ended question that I just ask you because income
taxes based on earnings, it's not based on net worth
unless but I ask, can you the top five percent
what percentage of all taxes do you think they should be?
You don't think they're paying enough, so I'm asking you
what percentage that you think they should pay?
Speaker 3: Well, okay, I'm going to say corporations in nineteen fifties
and the fifties they accounted for thirty three thirty five
percent of the tax revenue coming into the treasury. Now
the account for ten percent. So clearly the tax.
Speaker 2: Well, Winston, the top five percent of earners wait the top,
but Winston corporations are made up of people. All of
corporate taxes. A corporate tax is just a tax on people.
I mean, it's just taking money away from people who
might earn it and could could be. You know, I'm
fine with getting rid of corporate taxes and corporate tax breaks.
Just make it straight up, you know, let's get rid
of both, and let's quit the car of outs, you know,
and let's move forward with that. And if you want
to have income taxes, at least make it fair across
the board. But right now, the top five percent of
earners pay sixty one percent of all federal income taxes.
You think they should pay more than the sixty one percent, right?
Speaker 3: Well, is that income tax with flight attaxes? That is
that flight attax you and you include fight of taxes?
Speaker 2: No, no, no, excluding so security. That's different. Fight is so security.
I'm talking about all federal income tax that's paying to
support they to run the federal government, not fight up
sixty one percent. You think they're not text enough. Correct,
I'm asking.
Speaker 3: Tax probably too much. My thing is why why didn't
it think beautiful bill cut the spending and it didn't.
Trump said he's going to cut Trump said he was
going to Trump was going to part the red Sea.
He didn't do it, and.
Speaker 2: He going Winston, Winston, you don't think there were any
so you would have been fine with the taxes going up,
which would have been one of the largest tax increases
in history. And you don't think this cut spending in
any way. Wait, wait, wait, you don't believe this cut spending.
Speaker 3: Just maintained from the twenty eighteen tax cut. They were
just going to stay the same, and they just did
a little word word juggling that They went ahead and said,
if you don't if we don't cut it, it's a raise.
Now if you just let it the same, just keep
it the same, I'm off fine for keeping it the same.
Speaker 2: That was cool, Winston. I appreciate your call, and I
appreciate that you listen to station. I got a run.
Thank you for the call. Man.
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Speaker 2: Uh, before we went to the right, I just to
me it's always worth people knowing a little bit about
you know, when we start talking about tax rates and
who pays what and that we're going to have a
huge we were going to have a huge tax increase.
It was because the Trump tax cuts were never made permanent.
They now are, and you know, but then again, you know,
the next Congress can undo whatever this Congress does. So
nothing is etched in stone except when you create a
new government program. It seems like almost impossible to get
rid of it. They're not designed to be permanent. But
when you go to get rid of it, the left
will sue because again their power, the power of many
the political left, stems from being in office, not just
but there are people in the right that like it
to the incumbent sy incumbentcy has an addictive quality like crack.
I mean it does. There's something about being an office
that these people want to die that way. It's like
the people you know on any other addictive drug or
substance that you can think of, and they'll do it forever.
Speaker 3: You know.
Speaker 2: There's nothing almost more permanent than someone that makes it
through three or four terms. Then they're like lifers and
they're eighty ninety years old, like Mitch McConnell or Nancy
Pelosi or Diane Findesiegin. They just stay there forever and
then say they're doing the public right, but they're not
living in the world that we live in. But they
go on.
Speaker 3: Now.
Speaker 2: In twenty twenty two, the top five percent of earners
in the United States paid sixty one percent of all
federal income taxes, the group with incomes of two hundred
and sixty one. So if you're if you made more
than sixty one or above, you paid one point three trillion.
The top fifty percent of earners in the nation collectively
contributed ninety seven percent of all federal tax income revenue. Now,
if you think about it, when people talk about income
to sparenty, so the people below certain thresholds pay none,
pay none, and many are recipients of So. I don't
like class warfare. I think it's it's kind of like
when you call somebody a name during a discussion, you've
lost the intellectual high ground. It's when people used to
call Trump hitler, I knew they had lost the argument
because that's all they have. The name calling is like
the lowest form of debate. There's really nothing left. At
that point. You've lost, you've surrendered. And the same thing
here when you get into class warfare. I noticed Josh Shapiro,
governor of Pennsylvania, had sent out a tweet earlier today
or last night, So it's time to raise the minimum wage?
Is it time to raise the minimum wage? Because the
people that you want to make more money are contributing
more to the state or contributing more to Did you
actually know how many people earn minimum wage these days?
Because wage is a reflection of added worth. Wage is
a reflection of you know, the product or service, the
cost of that product or service. Wages are part of that.
The higher the relative worth of that product or service,
the higher the wage that reflects the value of that work.
It's an economic thing. It's not difficult. But when people
say I just want to raise them a wage twenty
five dollars an hour, you're not saying that the people
earning that earned that. You're just saying you want to
give them that because it's not your money, is it?
If it was your company and your money, would you
give them that? Of course you wouldn't. But when you
say I want to raise it, it doesn't cost you
anything to say that or do that. So that's why
I don't like this class warfare. The top ten percent,
the top ten it's just amazing that the average tax
rates versus all taxpayers and what they pay. It just
astounds me when we get into that kind of and again,
it's not sexy, it's not a happy topic. Now to
Winston's point about the debt deficits, yes, that is both
parties own that. If you ever wonder the allure of
creating another political party. And by the way Mark Cuban
jumped into trying to hey, helon, I've got you, I'll
help you out, and you know Mark Cuban's about watching
him hop around politically, you never know where he's going
to come down. But it is that both parties own
the nightmare of debt and depsit spending. If you go
to usdebtclock dot org, you can see what you oh, you,
what your kids owe with the average taxpayers. You see
that thirty two thirty seven whatever trillion I'm not looking
at in front of me right now, but you see
this horrific swill that those parties in DC have created
and thrust upon US, Republican and Democrat alike. It's not
the Republicans do it slower, but the Democrats do it
and the Republicans do it though so they they're as
contributed toory, as contributory as any group of individuals out
there with respect to this swamp and what it's done
to us.
Speaker 1: All Right, that'll do it for this episode. Thank you
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