1 00:00:22,879 --> 00:00:26,399 Speaker 1: And Hi, how are you welcome to the Big podcast 2 00:00:26,440 --> 00:00:30,280 on this Yes, it's Friday, what about you? It feels 3 00:00:30,359 --> 00:00:34,079 like a Friday. Today is Friday, the twelfth day of September, 4 00:00:35,000 --> 00:00:37,679 Year of Our Lord, twenty twenty five. My name is 5 00:00:37,719 --> 00:00:41,799 Tom Sullivan. And no, it's it's been a rough week 6 00:00:42,119 --> 00:00:46,280 and it's all been about the shooting and killing of 7 00:00:46,359 --> 00:00:50,439 Charlie Kirk and then the manhunt. And now the man 8 00:00:50,520 --> 00:00:55,920 hunt has come to Fruition. They have arrested the suspect 9 00:00:56,159 --> 00:01:00,520 and he's in custody in Utah. So we'll start with that, 10 00:01:00,640 --> 00:01:03,240 give you the very latest on all of that. There 11 00:01:03,399 --> 00:01:10,359 was a news conference last night and they had the 12 00:01:10,400 --> 00:01:12,879 press person came out and said these are the four 13 00:01:12,920 --> 00:01:14,640 people that are going to speak, and there was a 14 00:01:15,480 --> 00:01:19,680 Cash Patel, the head of the FBI, flew in. She 15 00:01:19,879 --> 00:01:24,760 talked about the head of the Utah I don't know, 16 00:01:24,760 --> 00:01:27,640 Commissioner of Public Safety, basically the head of the state police. 17 00:01:28,319 --> 00:01:31,400 They had the local sheriff, they had the local police, 18 00:01:31,519 --> 00:01:35,359 they had all that and instead forgive me, but this 19 00:01:35,439 --> 00:01:40,560 is it just bothers me to no end. Politicians need 20 00:01:40,920 --> 00:01:46,000 to step back when it comes to crime and information 21 00:01:46,319 --> 00:01:50,640 that the professionals have to share with us. And so 22 00:01:50,680 --> 00:01:56,599 this governor in Utah, Spencer cox is his name. Never 23 00:01:56,640 --> 00:01:59,719 heard of the guy before, but man, he got his 24 00:01:59,760 --> 00:02:03,040 fitteen minutes of fame. He came out last night and 25 00:02:03,280 --> 00:02:07,599 basically did all the things that were basically the lines 26 00:02:07,640 --> 00:02:10,280 that the FBI should have done, talking about well, if 27 00:02:10,319 --> 00:02:12,280 now you need to contact the FBI, you call one 28 00:02:12,319 --> 00:02:15,599 eight hundred. Uh. Yeah, it was. It was crazy what 29 00:02:15,719 --> 00:02:20,080 he was doing, and he was I'm sorry. I know 30 00:02:20,120 --> 00:02:22,159 a lot of people said, oh, what a great job 31 00:02:22,240 --> 00:02:28,280 the governor did, I mean again today, No, he he 32 00:02:28,479 --> 00:02:31,199 basically was spelling the beans on things that I think 33 00:02:31,240 --> 00:02:34,240 a lot of the investigators were going, no, no, no, no, no, 34 00:02:34,479 --> 00:02:37,039 we have the guy in custody. Now you need to 35 00:02:37,120 --> 00:02:40,240 protect the evidence and the and the trials so that 36 00:02:40,280 --> 00:02:45,159 you can convict this guy. Uh. But it was over 37 00:02:45,680 --> 00:02:49,680 the top. He is when you look in the dictionary 38 00:02:49,840 --> 00:02:54,000 under media hog, there's another word for it. I think 39 00:02:54,080 --> 00:02:57,240 his photo was there he took I mean it just 40 00:02:59,000 --> 00:03:01,719 there were all the all the the law enforcement people 41 00:03:01,759 --> 00:03:05,080 were there who had good information, and he took control 42 00:03:05,240 --> 00:03:07,599 of the news conference. Sorry, it bothers me a lot 43 00:03:07,639 --> 00:03:12,759 when politicians shoved their way into the Kleague lights and 44 00:03:12,800 --> 00:03:15,159 that's what it was. The lights and the cameras were there, 45 00:03:15,599 --> 00:03:18,800 and he could not help himself. But I'll tell you 46 00:03:18,840 --> 00:03:23,759 something about this guy. Utah is a very Republican state, 47 00:03:25,639 --> 00:03:31,199 and the legislature there is controlled by the Republicans, both houses, 48 00:03:31,479 --> 00:03:38,319 both chambers. But this is a guy who isn't all 49 00:03:38,400 --> 00:03:45,400 that Republican to me. He vetoed a bill aimed to 50 00:03:45,520 --> 00:03:50,680 prevent transgender youth athletes from participating in women's sports. Now 51 00:03:50,719 --> 00:03:56,439 he vetoed it, and now the legislature overrode his veto 52 00:03:56,560 --> 00:04:03,080 Thank goodness, But he's for transender athletes competing against women. 53 00:04:04,960 --> 00:04:12,159 They say he's a moderate Republican, but he endorsed Mark 54 00:04:12,319 --> 00:04:15,639 Rubio back in twenty sixteen, and then when Rubio dropped out, 55 00:04:16,240 --> 00:04:21,439 he put his weight behind Ted Cruz. And when Ted 56 00:04:21,519 --> 00:04:23,920 Krue didn't make it and Donald Trump with the nominee, 57 00:04:24,399 --> 00:04:27,279 he wrote, this is the governor of Utah. He wrote, 58 00:04:27,399 --> 00:04:31,839 we care a lot about decorum, We care about our neighbors. 59 00:04:32,160 --> 00:04:37,399 We are good kind people. He Trump does not represent 60 00:04:37,560 --> 00:04:43,040 neither goodness nor kindness. Should I think he's disingenuous. I 61 00:04:43,079 --> 00:04:46,720 think he's dangerous. I think he represents the worst of 62 00:04:46,720 --> 00:04:49,759 what our country stands for. I won't vote for Hillary, 63 00:04:49,759 --> 00:04:54,680 but I won't vote for Trump either. So twenty twenty 64 00:04:54,759 --> 00:05:00,360 rules around and same thing, claims he did not vote 65 00:05:00,360 --> 00:05:03,279 for Donald Trump. So I mean, this guy, I don't 66 00:05:03,319 --> 00:05:05,360 know who he is. I don't know what the deal 67 00:05:05,439 --> 00:05:12,079 is with him. I've never seen a politician drooling at 68 00:05:12,079 --> 00:05:15,959 the chance to stand up there and ignore the law 69 00:05:16,040 --> 00:05:20,560 enforcement experts that have all the data standing behind him. 70 00:05:20,560 --> 00:05:24,399 So anyway, that's how the event last night, which they 71 00:05:25,360 --> 00:05:28,360 basically said nothing, and then today, of course they said 72 00:05:28,480 --> 00:05:35,000 a lot. And that is repeated by John Miller, former NYPD. 73 00:05:35,240 --> 00:05:38,839 This is what his reaction to the news that they 74 00:05:38,879 --> 00:05:45,279 have arrested a twenty two year old, a guy out 75 00:05:45,439 --> 00:05:50,160 of a little town called Washington, Utah. Done by Saint George, Utah. 76 00:05:50,480 --> 00:05:53,600 It's actually closer to Las Vegas than it is to 77 00:05:53,680 --> 00:05:58,800 Salt Lake City. His father, I'm not sure if he 78 00:05:59,120 --> 00:06:03,279 is or was, but he's related somehow to the Sheriff's department, 79 00:06:04,399 --> 00:06:10,319 and he based I mean, he had to know that 80 00:06:10,319 --> 00:06:12,639 that was his son. The photos that we all saw 81 00:06:13,519 --> 00:06:16,480 and they released a video and it was from far away, 82 00:06:16,560 --> 00:06:19,839 didn't really show who the person was. But here's the father, 83 00:06:21,399 --> 00:06:26,600 and he called a friend of his who is a 84 00:06:26,839 --> 00:06:33,000 chaplain with the US Marshall's Office, the Fugitive Warrant Group. 85 00:06:33,199 --> 00:06:37,000 The US Marshalls are amazing how they can find people. 86 00:06:37,399 --> 00:06:39,879 And he called up his friend who's a chaplain with 87 00:06:40,040 --> 00:06:45,199 US Marshall Marshall's office, and there he's the one who 88 00:06:46,000 --> 00:06:49,519 called the FBI and zoom, they were there in absolutely 89 00:06:49,560 --> 00:06:54,879 no time. But this brings up the question if you 90 00:06:56,600 --> 00:07:02,319 found out that your loved one, your spouse, your parents, 91 00:07:02,639 --> 00:07:08,279 your children, your niece's nephews, your next door neighbor, would 92 00:07:08,360 --> 00:07:15,879 you call the police and tournament, I'm sorry to my children, 93 00:07:15,920 --> 00:07:20,480 but yes, if you're if you're the kind that committed 94 00:07:20,519 --> 00:07:26,000 this murder, absolutely there's something wrong with you. So, uh, 95 00:07:26,240 --> 00:07:28,959 this is how it went down, and here's John Miller's reaction. 96 00:07:29,480 --> 00:07:33,399 Speaker 2: So we learned a great deal and it explains a 97 00:07:33,439 --> 00:07:36,959 lot about what happened overnight. So you know, the timeline 98 00:07:37,000 --> 00:07:40,240 we pieced together from the press conference is last night 99 00:07:40,480 --> 00:07:44,240 they do a press conference at eight pm. They put 100 00:07:44,279 --> 00:07:46,959 out the video which is meant to draw more people 101 00:07:46,959 --> 00:07:49,839 to the website so that they will be pushed from 102 00:07:49,839 --> 00:07:54,079 the video to those additional images that were released of 103 00:07:54,120 --> 00:07:58,680 the individual with the baseball hat and the sunglasses. Now 104 00:07:58,680 --> 00:08:02,879 they had seven in leads to sort through before that 105 00:08:02,920 --> 00:08:07,959 press conference. That press conference generated another four thousand leads. 106 00:08:08,600 --> 00:08:14,560 Among those leads, the following unfolds. The family member, who 107 00:08:14,560 --> 00:08:19,160 we believe was the father, talked to the son about this, 108 00:08:19,560 --> 00:08:24,560 had his suspicions, spoke to the son, and then called 109 00:08:24,639 --> 00:08:30,639 a minister. The minister was associated with law enforcement as 110 00:08:31,160 --> 00:08:36,200 kind of the chaplain for the County Fugitive Task Force. Then, 111 00:08:36,320 --> 00:08:40,039 after speaking to the father, calls the task force, speaks 112 00:08:40,080 --> 00:08:42,720 to one of the sheriffs in a Deputy US Marshall, 113 00:08:43,679 --> 00:08:47,240 and passes on this information which is then passed to 114 00:08:47,279 --> 00:08:51,919 the FBI, which moves very quickly. By ten PM, the 115 00:08:51,960 --> 00:08:58,320 FBI has observed the suspect, taken him into custody and 116 00:08:59,159 --> 00:09:03,720 then starts put this together. So all of this unfolded overnight. 117 00:09:03,919 --> 00:09:07,000 Other key things that came out during the press conference 118 00:09:08,720 --> 00:09:14,840 was additional information about a roommate who says that they 119 00:09:14,879 --> 00:09:19,519 had followed conversations on the group chat platform known as 120 00:09:19,600 --> 00:09:24,120 Discord and was able to share these messages with FBI 121 00:09:24,200 --> 00:09:29,200 agents that are presumably from the suspect talking about a 122 00:09:29,320 --> 00:09:32,360 rifle being left at a drop point, wrapped in a towel, 123 00:09:33,600 --> 00:09:38,600 and other details which added to the evidence that they'd collected. 124 00:09:39,240 --> 00:09:43,519 And we learned additional details about that rifle, the Mauser 125 00:09:43,720 --> 00:09:47,080 ninety eight bolt action rifle, which is the one that 126 00:09:47,159 --> 00:09:51,600 federal authorities discovered in the wooded area near the campus 127 00:09:51,679 --> 00:09:56,559 after the shooting prior to knowing this information, and that 128 00:09:56,639 --> 00:10:02,639 the bullets had inscriptions on them, including the words hey 129 00:10:02,720 --> 00:10:07,879 fascist catch on one bullet and bella Chow, which may 130 00:10:07,919 --> 00:10:11,519 be a reference to an Italian folk song which has 131 00:10:11,559 --> 00:10:15,039 been emblematic of resistance for a long time. So a 132 00:10:15,080 --> 00:10:18,799 lot of information, big developments, and it all came together 133 00:10:18,919 --> 00:10:20,240 in just a few hours. 134 00:10:20,639 --> 00:10:23,360 Speaker 1: It did come together fast. But you heard John talking 135 00:10:23,399 --> 00:10:26,679 about the roommate and about the fact that they were 136 00:10:26,759 --> 00:10:30,879 communicating back and forth, the roommate apparently showing the messages 137 00:10:30,919 --> 00:10:35,200 to the FBI on the Discord server, which is basically 138 00:10:35,240 --> 00:10:40,000 a gaming platform, but a lot of people, apparently a 139 00:10:40,000 --> 00:10:43,279 lot of young people use that to communicate send messages 140 00:10:43,320 --> 00:10:45,519 back and forth. And so a lot of that about 141 00:10:45,559 --> 00:10:47,600 the gun and the towel and all that sort of 142 00:10:47,600 --> 00:10:52,159 stuff was communicated to this guy who I think was 143 00:10:52,200 --> 00:10:57,600 his roommate. And now the question is was the roommate 144 00:10:57,679 --> 00:11:01,840 involved in this here's Andy mc kay, former number two 145 00:11:01,879 --> 00:11:03,519 guy at the FBI. 146 00:11:04,440 --> 00:11:07,960 Speaker 3: From the text messages that we learned about, it seems 147 00:11:07,960 --> 00:11:11,440 to indicate that the roommate had some knowledge about what 148 00:11:11,519 --> 00:11:13,799 he was doing. A question is did he know about 149 00:11:13,799 --> 00:11:16,399 the entire plan, and if he did know about it, 150 00:11:16,440 --> 00:11:21,320 if he assisted it, supported it, provided you know, any 151 00:11:21,440 --> 00:11:28,039 kind of if he was in agreement with Robinson and 152 00:11:28,120 --> 00:11:30,919 took any step in furtherance of the crime in terms 153 00:11:30,960 --> 00:11:33,840 of providing support or whatever that might have been, he 154 00:11:33,879 --> 00:11:39,240 could certainly be considered a co conspirator. So doesn't mean 155 00:11:39,279 --> 00:11:42,600 he will get charged. But but boy, if I was 156 00:11:42,960 --> 00:11:45,919 running this investigation, I'd be wanting to take a very 157 00:11:45,960 --> 00:11:48,440 close look at him now. The fact that he's already 158 00:11:48,559 --> 00:11:53,039 been interviewed, that he provided some information about these chats 159 00:11:53,080 --> 00:11:57,000 to investigators and explain them indicates that he's at this 160 00:11:57,120 --> 00:12:01,159 point anyway in a very cooperative posture, which is good. 161 00:12:02,720 --> 00:12:04,240 But we'll have to see, you know that. I still 162 00:12:04,279 --> 00:12:07,000 think that one he could really go in either direction. Yeah, 163 00:12:07,039 --> 00:12:09,440 we don't know the answer to that. It's certainly possible 164 00:12:09,440 --> 00:12:12,759 that as soon as they heard from the people in Washington, 165 00:12:12,919 --> 00:12:17,399 Utah about this, about Robinson's identity, they would immediately do 166 00:12:17,480 --> 00:12:19,720 a full scrub on him and could would then have 167 00:12:19,879 --> 00:12:22,399 identified where he lives and then could have come across 168 00:12:22,440 --> 00:12:25,480 the roommate that way, so that that pushes him in 169 00:12:25,519 --> 00:12:30,279 one direction towards potentially co conspirator. But if Robinson reached out, 170 00:12:30,559 --> 00:12:32,440 you know, the question, because how long did he know 171 00:12:32,519 --> 00:12:34,840 about this rifle and did he understand what the rifle 172 00:12:34,840 --> 00:12:37,120 had been used for, It's hard to imagine he didn't. 173 00:12:38,480 --> 00:12:41,320 So yeah, we still a lot more to be learned 174 00:12:41,320 --> 00:12:44,440 about that. It sounds like, again from what we heard 175 00:12:44,480 --> 00:12:47,840 before the press conference, that a family member had suspicions, 176 00:12:48,279 --> 00:12:50,799 likely based off of seeing the photographs, but that has 177 00:12:50,840 --> 00:12:54,639 not been confirmed to us at this time. And and 178 00:12:54,799 --> 00:12:59,279 confronted him, had a conversation with him, and in that conversation, Robinson, 179 00:12:59,600 --> 00:13:02,679 you know, madeid statements that amount to a confession, whether 180 00:13:02,720 --> 00:13:06,799 he acknowledged doing it, took responsibility for it, something along 181 00:13:06,799 --> 00:13:11,279 those lines. Those statements will be devastating to him down 182 00:13:11,279 --> 00:13:16,279 the road. They'll be admissible to some extent, certainly at 183 00:13:16,279 --> 00:13:19,279 this point where he's going to be where he's first 184 00:13:19,279 --> 00:13:21,879 going to be charged with an offense. I expect you'll 185 00:13:21,919 --> 00:13:25,679 see those statements in the affidavit that supports the initial charge, 186 00:13:25,799 --> 00:13:29,480 and they could also, depending on the vagarities of Utah 187 00:13:29,600 --> 00:13:33,360 evidence law, could also come be admitted if at trial. 188 00:13:33,399 --> 00:13:36,279 If he goes to trial, there would be a fight 189 00:13:36,320 --> 00:13:38,559 over that. But nevertheless, the government has a lot to 190 00:13:38,600 --> 00:13:39,039 work with. 191 00:13:39,679 --> 00:13:42,279 Speaker 1: So he kept referring to Robinson Robinson as the last 192 00:13:42,360 --> 00:13:45,919 name of this twenty two year old the shooter that's 193 00:13:45,960 --> 00:13:49,320 now in custody. And he brings up this question about 194 00:13:49,360 --> 00:13:52,399 the roommate. If I was the roommate, I'd be very concerned. 195 00:13:52,480 --> 00:13:55,639 Right now, he's cooperating, but how much did he know 196 00:13:56,440 --> 00:13:59,320 about what his roommate was doing? What did he know 197 00:13:59,399 --> 00:14:03,399 about thee Why did he not say something two days ago? 198 00:14:04,399 --> 00:14:07,840 So this is getting to be rather die seeing. The 199 00:14:07,879 --> 00:14:11,840 whole question about this is another copycat off of Louisian 200 00:14:12,440 --> 00:14:19,039 Luigi Maggione who shot the executive healthcare executive in Midtown Manhattan, 201 00:14:19,559 --> 00:14:23,279 about how he had the bullet casings he etched on them. 202 00:14:23,720 --> 00:14:27,919 What was it denied? Defend to do something anyway? Messages 203 00:14:28,240 --> 00:14:32,120 on bullet casings, So this gun that was used was 204 00:14:34,440 --> 00:14:37,960 a bolt action gun, so he manually had to eject 205 00:14:38,279 --> 00:14:43,120 the casing. There were four bullets I believe in the 206 00:14:43,159 --> 00:14:47,039 gun on the casing from the bullet that he fired 207 00:14:47,200 --> 00:14:51,799 and killed Charlie Kirk with was still in the gun. 208 00:14:52,639 --> 00:15:05,919 And that one said notices bulges o wo, which is 209 00:15:06,759 --> 00:15:12,440 an emoji basically of somebody looking all surprised. Another one 210 00:15:12,519 --> 00:15:17,200 that had not been fired, said, hey, fascists, catch A 211 00:15:17,320 --> 00:15:23,279 third one said bella Chow and repeating Bellachow, Bellachow, bella Chow. 212 00:15:23,759 --> 00:15:27,840 It's an anti fascist Italian song that comes back from 213 00:15:28,000 --> 00:15:32,679 World War two years And finally to mean that goes 214 00:15:32,679 --> 00:15:36,320 around on the internet is the fourth one said, if 215 00:15:36,360 --> 00:15:41,120 you read this, you are gay lapping my ass off lmao. 216 00:15:42,120 --> 00:15:47,080 And that that's another problem for this guy when he 217 00:15:47,159 --> 00:15:52,080 gets into court. Jim Trusty, former federal prosecutor, brings that up. 218 00:15:52,240 --> 00:15:55,120 Speaker 4: So the Bullets Bill, you know that evidence is going 219 00:15:55,200 --> 00:15:58,840 to loom large because in a very very concrete, tangible way, 220 00:15:59,240 --> 00:16:01,799 it does a couple of things. Number One, it seems 221 00:16:01,840 --> 00:16:03,759 to establish so there's a lot of kind of warped 222 00:16:03,799 --> 00:16:07,639 language and symbol It seems to establish what we already knew, 223 00:16:07,759 --> 00:16:11,679 which was this was a politically motivated assassination, and that's 224 00:16:11,720 --> 00:16:13,879 forever going to be a big part of the story 225 00:16:14,200 --> 00:16:16,759 if you're pursuing a first degree murder conviction as a 226 00:16:16,799 --> 00:16:22,000 predicate to the death penalty. And secondly, just that simple LMAO, 227 00:16:22,279 --> 00:16:26,120 you know, laughing my ass off. If I'm a prosecutor, 228 00:16:26,200 --> 00:16:30,120 at the end of that trial, that phrase is going 229 00:16:30,159 --> 00:16:32,159 to be in front of that jury over and over again. 230 00:16:32,279 --> 00:16:35,320 You were telling that jury that this is a monster, 231 00:16:35,559 --> 00:16:38,360 that this is a kid who thinks it's hilarious, that 232 00:16:38,399 --> 00:16:42,759 he's got this narcissistic kind of oblivion to the depravity 233 00:16:42,799 --> 00:16:45,480 of what he's about to engage in as he goes 234 00:16:45,519 --> 00:16:48,840 and murders somebody who had the temerity and speaking freely 235 00:16:48,919 --> 00:16:53,320 and celebrating as Christianity. So I think if I'm handling 236 00:16:53,399 --> 00:16:55,639 that trial, and it sounds like we may be heading 237 00:16:55,639 --> 00:16:59,120 towards a state trial, which I think is probably appropriate here, 238 00:17:00,080 --> 00:17:02,519 and then you're going to have those bullets in that 239 00:17:02,600 --> 00:17:04,839 language on the bullets going back all over again. 240 00:17:05,160 --> 00:17:07,240 Speaker 1: He mentioned it probably going to be a state trial, 241 00:17:07,440 --> 00:17:11,240 and from the lawyers that I've heard from, of course 242 00:17:11,240 --> 00:17:14,279 they could do federal charges, but Utah does have the 243 00:17:14,319 --> 00:17:18,079 death penalty, and the governor is as he was babbling 244 00:17:18,119 --> 00:17:20,319 on last night about the fact that this is definitely 245 00:17:20,319 --> 00:17:22,880 going to be asking for the death penalty. He's not 246 00:17:22,960 --> 00:17:30,680 the prosecutor, but also the President Trump talking about the 247 00:17:31,079 --> 00:17:34,240 day when he was revealing that they had somebody in custody. 248 00:17:34,279 --> 00:17:37,079 He was talking about that he would like to believe 249 00:17:37,079 --> 00:17:40,559 I'm paraphrase, and he basically wanted to see the death penalty. 250 00:17:41,000 --> 00:17:45,079 He's personally hurting from the death of Charlie Kirk knew 251 00:17:45,160 --> 00:17:49,880 him well, thought of him as almost family. So the 252 00:17:49,920 --> 00:17:54,519 state version, though, is state prosecutors are used to doing 253 00:17:54,759 --> 00:17:59,880 murder cases, Feds are not. That's pretty uncommon, so it's 254 00:18:00,039 --> 00:18:02,200 probably better that this is going to be in the 255 00:18:02,279 --> 00:18:06,759 state court. We'll find out the charges apparently are going 256 00:18:06,799 --> 00:18:09,920 to be filed on Tuesday. So they got him in 257 00:18:09,920 --> 00:18:13,319 custody and they will keep him in custody until those 258 00:18:13,400 --> 00:18:18,680 charges come down on Tuesday of next week. Mary O'Toole 259 00:18:19,240 --> 00:18:28,720 is PhD, former profiler for the FBI. She did the 260 00:18:28,759 --> 00:18:33,519 Elizabeth Smart abduction, the unibomber, the Green River killer. She's 261 00:18:33,799 --> 00:18:38,599 a long time in profiling these criminals and this was 262 00:18:38,680 --> 00:18:42,079 her observation about this guy that they have picked up. 263 00:18:42,839 --> 00:18:46,720 Speaker 5: Let me start by saying this, I was impressed by 264 00:18:46,799 --> 00:18:53,359 the information that indicated the shooter had been thinking about 265 00:18:53,400 --> 00:18:56,279 this for some time. They even use the word it 266 00:18:56,319 --> 00:18:59,799 went back maybe for years years with an s on it. 267 00:19:00,359 --> 00:19:02,799 So one of the things investigators are going to be 268 00:19:02,839 --> 00:19:07,720 looking at is during that pathway towards violence, what was 269 00:19:07,759 --> 00:19:10,279 he doing, who was he talking to? And I think 270 00:19:11,240 --> 00:19:15,960 important about this is was he simply focused on Charlie 271 00:19:16,039 --> 00:19:20,400 Kurt or were there other possible victims along the way 272 00:19:20,720 --> 00:19:23,480 that he was also interested in? And that's all going 273 00:19:23,519 --> 00:19:27,440 to become information they can obtain through his social media 274 00:19:27,640 --> 00:19:30,880 or talking with people. It would be quite interesting to 275 00:19:31,039 --> 00:19:33,799 me if someone this young in his early twenties was 276 00:19:34,279 --> 00:19:38,960 only focused on one person, which means that Charlie was 277 00:19:39,000 --> 00:19:43,519 one of maybe multiple people that he could have targeted. 278 00:19:43,920 --> 00:19:48,359 That becomes important because if there are multiple possible victims, 279 00:19:49,440 --> 00:19:52,880 there could have been other people that he talked with about, Hey, 280 00:19:53,079 --> 00:19:57,000 I'm thinking about doing this, or this person I hate 281 00:19:57,079 --> 00:20:00,319 because of their ideology. So they really have to get 282 00:20:00,319 --> 00:20:03,720 a much tighter and they will idea of that pathway 283 00:20:03,799 --> 00:20:07,519 to violence. What he was thinking, what plans were was 284 00:20:07,559 --> 00:20:11,559 he making involving possible other victims? And who might he 285 00:20:11,680 --> 00:20:14,960 have been talking to about that? Because the whole idea 286 00:20:15,039 --> 00:20:18,759 of leakage, which I think is critical here, is to 287 00:20:18,839 --> 00:20:22,200 announce ahead of time what somebody is about to do. 288 00:20:22,720 --> 00:20:26,240 That's where we get the warning behaviors. Warning behaviors mean 289 00:20:26,559 --> 00:20:30,519 we see it, we hear it beforehand, and that occurred here. 290 00:20:30,559 --> 00:20:34,400 But what were the other warning behaviors with this young 291 00:20:34,440 --> 00:20:39,920 shooter because those warning behaviors will become very important, unfortunately 292 00:20:41,039 --> 00:20:43,480 for the next shooter. So I think that they're still 293 00:20:43,839 --> 00:20:47,279 very much in the preliminary stages of finding out what 294 00:20:47,480 --> 00:20:50,240 his plans were, and who he was talking to, and 295 00:20:50,319 --> 00:20:55,119 maybe who purposely or even inadvertently was helping him. 296 00:20:55,519 --> 00:20:57,799 Speaker 1: Yeah, so that brings up the roommate again, but also 297 00:20:59,079 --> 00:21:02,960 where else was he going to try to do this this? 298 00:21:03,119 --> 00:21:07,279 I think this story has potential to explode from here 299 00:21:07,559 --> 00:21:11,279 into many different angles. I saw an interview last night 300 00:21:12,319 --> 00:21:14,400 of a young man by the name of Hunter Kozak, 301 00:21:15,039 --> 00:21:17,920 and if you saw any of the video leading up 302 00:21:17,960 --> 00:21:22,079 to the shooting at the college, there was the way 303 00:21:22,119 --> 00:21:24,559 that Charlie Kirk did those was he had people, he 304 00:21:24,599 --> 00:21:27,039 had a microphone that was set up in front of 305 00:21:27,079 --> 00:21:30,920 the stage. He sat on a chair on the stage 306 00:21:31,200 --> 00:21:33,880 and the person that would come up would ask him 307 00:21:33,960 --> 00:21:37,039 questions or debate him, and he would debate them back. 308 00:21:38,119 --> 00:21:40,880 And there was a young person who came up and 309 00:21:40,920 --> 00:21:44,640 asked the first question. Charlie Kirk talked to him, and 310 00:21:44,680 --> 00:21:47,400 then the second person stepped up. The second person to 311 00:21:47,440 --> 00:21:52,519 step up was this guy, Hunter Kozak, and he was 312 00:21:52,680 --> 00:22:01,240 asking Charlie Kirk about gun violence. Here's Hunter Cosey back today, 313 00:22:01,880 --> 00:22:04,319 still trying to process what happened. 314 00:22:05,599 --> 00:22:08,559 Speaker 6: It's a tragedy and I don't It's hard to grapple 315 00:22:08,599 --> 00:22:11,680 with and I'm part of a community that's striving to 316 00:22:11,680 --> 00:22:15,039 grapple with it right now. And people have obviously pointed 317 00:22:15,079 --> 00:22:19,759 to the irony that I was. The point that I 318 00:22:19,839 --> 00:22:24,079 was trying to make is how peaceful left was great 319 00:22:24,119 --> 00:22:29,279 before he got shot, and that that only makes sense 320 00:22:29,319 --> 00:22:32,480 if we stay peaceful. And as much as I disagree 321 00:22:32,519 --> 00:22:34,440 with Charlie Kirk, I'm on the record for how much 322 00:22:34,440 --> 00:22:37,839 I disagree with Charlie Kirk, But like man, dude, he 323 00:22:39,000 --> 00:22:41,799 is still a human being. Have we forgotten that? 324 00:22:42,920 --> 00:22:47,759 Speaker 1: Apparently? Yes? And here's the problem. This guy's from the left. 325 00:22:47,759 --> 00:22:50,799 But that's what Charlie did. He loved to talk to 326 00:22:50,880 --> 00:22:55,000 people that had different views, different ideologies, and so this 327 00:22:55,119 --> 00:22:57,680 guy's from the left is trying to convince Charlie that 328 00:22:57,720 --> 00:23:02,160 the left is peaceful and then he gets shot. So 329 00:23:02,519 --> 00:23:08,920 this guy was standing facing Charlie, maybe ten feet in 330 00:23:08,960 --> 00:23:12,599 front of him when Charlie was killed. So he's got 331 00:23:12,640 --> 00:23:16,599 all that to deal with as well. Back to the 332 00:23:16,640 --> 00:23:20,480 news conferences today or the news conference today, Chris Wecker, 333 00:23:20,640 --> 00:23:26,119 former top official at FBI, was worried about the fact 334 00:23:26,640 --> 00:23:28,720 that you've got to be careful when you hold these 335 00:23:28,759 --> 00:23:31,920 news conferences, and like I said, the governor was out 336 00:23:31,920 --> 00:23:36,559 there just flapping his lips. Here's Chris Wecker's view of 337 00:23:36,720 --> 00:23:39,359 how that whole thing went for the FBI. 338 00:23:39,440 --> 00:23:41,680 Speaker 7: I was an assistant district attorney, and so I look 339 00:23:41,720 --> 00:23:44,880 at it from both angles. I mean, investigators want to 340 00:23:44,920 --> 00:23:47,440 talk about the case, and they want to satisfy the 341 00:23:47,480 --> 00:23:50,720 public interest in all of the details. But this is 342 00:23:50,759 --> 00:23:52,559 a point where you have to have a lot of discipline. 343 00:23:52,920 --> 00:23:56,319 You are protecting a trial. The attorneys are going to 344 00:23:56,359 --> 00:23:59,640 be very circumspect if they go to true to form here, 345 00:24:00,079 --> 00:24:02,680 and they will they will make sure that they get 346 00:24:02,759 --> 00:24:05,279 some information out there, and there are guidelines on this, 347 00:24:05,440 --> 00:24:09,160 especially in the federal system, from the US Attorney's Manual 348 00:24:09,160 --> 00:24:11,839 and d o J guidelines. You put out the basic 349 00:24:11,920 --> 00:24:15,039 facts and you know what what would essentially be in 350 00:24:15,119 --> 00:24:18,920 the arrest warrant or the indictment itself, and make sure 351 00:24:18,960 --> 00:24:21,559 that you tell them that this is these are accusations only, 352 00:24:21,680 --> 00:24:24,240 and this this is not you know, we're not holding 353 00:24:24,240 --> 00:24:27,519 a trial in the public arena here. And as I 354 00:24:27,519 --> 00:24:31,279 said earlier, now you've got to protect your witnesses and 355 00:24:31,359 --> 00:24:34,519 any you know, and any evidence that's being produced, and 356 00:24:34,559 --> 00:24:37,319 make sure that their their recollection is not based on 357 00:24:37,400 --> 00:24:40,799 details that are being fed out from from the podium. 358 00:24:41,319 --> 00:24:43,039 We all know a lot about it right now, but 359 00:24:43,039 --> 00:24:45,160 but there are a lot of details that only witnesses 360 00:24:45,200 --> 00:24:47,680 will know, and they don't want to put that type 361 00:24:47,680 --> 00:24:49,839 of information out there. So you've got to protect the 362 00:24:49,880 --> 00:24:53,440 prosecution now and have some discipline and resist the urge 363 00:24:53,480 --> 00:24:56,400 to put it all out there. That's going to be 364 00:24:56,440 --> 00:24:59,559 hard for some people because some of these folks, because 365 00:24:59,599 --> 00:25:02,799 I think some of them very much enjoy the press activity, 366 00:25:03,000 --> 00:25:04,839 and that the attorneys are going to be the ones 367 00:25:04,839 --> 00:25:07,680 that are pulling back on the rain the potential prosecutors here. 368 00:25:08,480 --> 00:25:10,599 Speaker 1: Chris Wecker was being nice saying, there are some people 369 00:25:10,599 --> 00:25:16,519 that enjoy the press activity. Yes, these politicians, man, they 370 00:25:16,599 --> 00:25:20,240 cannot help themselves. And I saw where the governor of 371 00:25:20,319 --> 00:25:23,039 Utah is going to be all over cable television tonight. 372 00:25:23,480 --> 00:25:26,640 So he's just absolutely loving this. 373 00:25:26,720 --> 00:25:27,160 Speaker 6: It's sad. 374 00:25:27,720 --> 00:25:31,480 Speaker 1: It's sad how how he just let the offit, let 375 00:25:31,519 --> 00:25:35,119 the law enforcement officials handle the governor. So at this point, 376 00:25:35,200 --> 00:25:39,880 thankfully the person is in custody. The question is about 377 00:25:39,920 --> 00:25:43,319 the roommate. Did he work with anybody else? All of 378 00:25:43,319 --> 00:25:46,200 that will be fascinating to see whether he had a 379 00:25:46,279 --> 00:25:51,519 target list or not. Apparently he may have, we don't know. 380 00:25:54,039 --> 00:25:58,240 It's Friday, so the economy financial Friday. A couple of things. 381 00:25:58,319 --> 00:26:02,920 One is consumer sentiment came out today and took a 382 00:26:02,960 --> 00:26:06,920 big drop down four point eight percent for the year. 383 00:26:07,119 --> 00:26:09,880 It's down twenty one percent, So consumers all of a 384 00:26:09,920 --> 00:26:17,319 sudden getting very disappointed out there about the economy. Gary Cohne, 385 00:26:17,400 --> 00:26:22,960 who was the chief economic advisor to President Trump in 386 00:26:23,039 --> 00:26:26,039 Trump one point zero former I believe he was the 387 00:26:26,079 --> 00:26:31,000 CEO of Goldman Sachs when Trump tapped him back in 388 00:26:31,079 --> 00:26:36,240 twenty seventeen. Anyway, he was on talking about the economy 389 00:26:36,279 --> 00:26:41,039 this morning. He's now vice chairman of IBM. And I thought, 390 00:26:41,359 --> 00:26:46,000 whenever Gary Cone pontificates about the economy, I like to 391 00:26:46,599 --> 00:26:47,319 share it with you. 392 00:26:48,160 --> 00:26:50,559 Speaker 8: So I think you ask a really interesting question. So 393 00:26:51,079 --> 00:26:55,680 I think tariff do serve some important purpose. And you 394 00:26:55,720 --> 00:26:56,720 and I've talked about that. 395 00:26:56,799 --> 00:26:57,039 Speaker 1: We have. 396 00:26:57,799 --> 00:27:00,920 Speaker 8: The one thing that we learned and we all need 397 00:27:00,960 --> 00:27:05,680 to remember is during COVID we realized how fragile our 398 00:27:05,759 --> 00:27:09,240 supply chain is in the United States. So when we 399 00:27:09,480 --> 00:27:11,799 take a look back and say, what can't we allow 400 00:27:11,880 --> 00:27:15,119 to happen ever again in this country. We cannot allow 401 00:27:15,160 --> 00:27:19,519 ourselves as a nation to be exposed to certain goods 402 00:27:19,599 --> 00:27:23,480 where the supply chain gets clogged up or stops and 403 00:27:23,599 --> 00:27:25,640 really slows down our economy. 404 00:27:25,680 --> 00:27:27,759 Speaker 9: It's been five years. Have we made progress on that? 405 00:27:27,799 --> 00:27:28,039 Speaker 1: We have? 406 00:27:28,200 --> 00:27:30,039 Speaker 8: We have made progress on that. So you know, you 407 00:27:30,079 --> 00:27:33,079 can go back into the prior administration and the Chips Act. 408 00:27:33,519 --> 00:27:36,920 We knew that chips were one of the biggest bottlenecks 409 00:27:37,039 --> 00:27:40,440 that came out of the COVID crisis. Everything that was 410 00:27:40,720 --> 00:27:42,880 just about everything that was manufacturing in the United States 411 00:27:43,359 --> 00:27:46,799 ceased manufacturing because we no longer had access to chips. 412 00:27:46,839 --> 00:27:50,240 Because the supply chain slowed down. It was quite obvious 413 00:27:50,279 --> 00:27:53,680 that we needed to manufacture chips here domestically so we 414 00:27:53,759 --> 00:27:58,200 could continue to build. From toasters to sophisticated weaponry, all 415 00:27:58,240 --> 00:28:01,000 of them had chips in it. The piece of the 416 00:28:01,039 --> 00:28:06,240 equation where we are forcing and incentivizing and incentivizing is 417 00:28:06,240 --> 00:28:11,440 important key parts of the supply chain components back into 418 00:28:11,400 --> 00:28:14,799 the United States. I think everyone agrees is a really 419 00:28:14,880 --> 00:28:17,880 important part of what the administration is doing, and we 420 00:28:17,920 --> 00:28:21,559 should applaud that because we are a safer and sound all. 421 00:28:21,440 --> 00:28:23,559 Speaker 9: The way to the point of taking a steak in intel. 422 00:28:23,960 --> 00:28:26,440 Speaker 8: Look, I'm not sure I would argue that taking a 423 00:28:26,519 --> 00:28:28,799 steak in intel is the right thing to do, but we. 424 00:28:29,720 --> 00:28:31,480 Speaker 1: Already gave money, we might as well get a stake. 425 00:28:31,720 --> 00:28:33,079 Speaker 3: I agree. 426 00:28:33,119 --> 00:28:34,920 Speaker 8: Once you give them money, the question is do you 427 00:28:34,960 --> 00:28:37,759 want equity or do do you want debt? You know, 428 00:28:37,960 --> 00:28:41,039 and by the way, and I'll remind you guys, it was. 429 00:28:41,200 --> 00:28:44,039 It wasn't the best few months of my life. But 430 00:28:44,160 --> 00:28:46,000 in two thousand and eight the banks went through this 431 00:28:46,160 --> 00:28:50,000 when Hank Paulson tarped the banks. You know, the US 432 00:28:50,119 --> 00:28:53,319 government put capital, They put debt into each of the 433 00:28:53,359 --> 00:28:57,240 banks you had, whether you needed it one or not, 434 00:28:57,319 --> 00:28:59,319 whether you'd gone out and raised capital the week before, 435 00:28:59,359 --> 00:29:02,960 which the I was with, had you got capital injecting 436 00:29:03,039 --> 00:29:05,480 your bank, you owe them a very high coupon, and 437 00:29:05,519 --> 00:29:09,400 they attached warrants to it. So this idea that the 438 00:29:09,400 --> 00:29:12,160 federal government needs should get a return on capital for 439 00:29:12,319 --> 00:29:14,720 something they do to stimulate economic. 440 00:29:14,279 --> 00:29:16,279 Speaker 9: Grants is not the only thing that makes it publicly 441 00:29:17,200 --> 00:29:19,359 platable for taxpayer dollars. 442 00:29:19,400 --> 00:29:22,960 Speaker 8: Honestly it does well. What should makes it publicly platable 443 00:29:22,960 --> 00:29:27,720 for taxpayer dollars is the sovereign protection and the security 444 00:29:27,799 --> 00:29:30,880 we get by being able to control our supply chain 445 00:29:31,519 --> 00:29:35,119 that we saw how vulnerable you were in coades. We 446 00:29:35,119 --> 00:29:37,400 should not have to live through that again. But the 447 00:29:37,400 --> 00:29:39,880 flip side is, and you look at tariffs as a whole, 448 00:29:40,640 --> 00:29:42,160 you know, I think what you have to tell you 449 00:29:42,279 --> 00:29:44,880 is take a step back and look at how corporate 450 00:29:44,880 --> 00:29:48,359 America is dealing with this terriff equation. And I think 451 00:29:48,440 --> 00:29:50,599 this is not as well understanding. I think it's a 452 00:29:50,680 --> 00:29:53,640 very interesting phenomena that's going on right now. So if 453 00:29:53,640 --> 00:29:56,480 you look at corporations today, and they look at their 454 00:29:56,519 --> 00:29:59,519 input costs and they're buying goods and the cost of 455 00:29:59,559 --> 00:30:03,039 those are going up, and they feel like their ability 456 00:30:03,079 --> 00:30:07,559 to raise their prices to end consumers is very limited. Yes, 457 00:30:07,599 --> 00:30:11,359 they can slowly InCor manually raise prices, but they're being 458 00:30:11,440 --> 00:30:15,440 charged tariffs overnight. Companies are being forced to figure out 459 00:30:15,480 --> 00:30:19,920 how to deal with that equation or that conundrum. They 460 00:30:19,920 --> 00:30:21,880 have actually figured out how to deal with that conundrum. 461 00:30:21,880 --> 00:30:23,920 And I think we see it in the data we 462 00:30:23,960 --> 00:30:25,960 did we scratch your head, so what are we seeing. 463 00:30:26,160 --> 00:30:29,079 We're seeing companies they can't deal with the cost of goods, 464 00:30:29,200 --> 00:30:31,440 the cost of goods, the input costs, they can't deal 465 00:30:31,480 --> 00:30:34,000 with the sales costs. But what companies have figured out 466 00:30:34,000 --> 00:30:35,759 in the last decade or so, when this has been 467 00:30:35,799 --> 00:30:38,960 going on pre tariff, what got accelerated by tariff, is 468 00:30:39,079 --> 00:30:42,359 companies are figuring out that they can be dramatically more 469 00:30:42,400 --> 00:30:45,480 efficient and run with less human capital. 470 00:30:46,200 --> 00:30:49,799 Speaker 1: Well, let me translate, running with less human capital simply 471 00:30:49,880 --> 00:30:54,799 means they're not hiring and maybe they're laying off, but 472 00:30:54,839 --> 00:30:57,640 they're trying to get by with fewer people working for 473 00:30:57,680 --> 00:30:59,599 the company. And that is why we're starting to see 474 00:30:59,640 --> 00:31:04,039 the labor markets become soft. Is these companies, some of 475 00:31:04,039 --> 00:31:07,480 them are passing on the tariffs. They're saying, sorry, consumers, 476 00:31:07,599 --> 00:31:10,519 we can't do anything. You're just going to have to 477 00:31:10,519 --> 00:31:13,000 pay more, and they're hoping that you will continue to 478 00:31:13,000 --> 00:31:17,319 buy their products at higher prices. Other companies are trying 479 00:31:17,359 --> 00:31:20,880 to figure out how to eat it. What Gary Cohne 480 00:31:20,920 --> 00:31:23,440 was talking about is that a lot of companies are 481 00:31:23,440 --> 00:31:26,359 looking at this and going, oh, I know where we 482 00:31:26,400 --> 00:31:30,480 can save money. It's the most expensive part. It's the 483 00:31:30,559 --> 00:31:33,039 biggest expense we have on our profit and law statement. 484 00:31:33,079 --> 00:31:38,200 It's called humans labor employees. So if we have fewer 485 00:31:38,240 --> 00:31:42,599 of them, then our costs go down and we can 486 00:31:42,640 --> 00:31:46,279 still price our products for the same price. That consumers 487 00:31:46,920 --> 00:31:49,759 won't balk because it's going to be roughly at the 488 00:31:49,799 --> 00:31:52,680 same price. So that's what Gary Cone is saying is 489 00:31:52,720 --> 00:31:55,319 going on is there are companies out there, the companies 490 00:31:55,359 --> 00:31:57,720 out there doing all kinds of things trying to figure 491 00:31:57,759 --> 00:32:02,440 out how to deal with the tariffs. But he's saying 492 00:32:02,519 --> 00:32:04,799 that a lot of big companies are doing it by 493 00:32:04,960 --> 00:32:10,359 basically maybe layoffs, but basically not replacing people that are leaving. 494 00:32:10,440 --> 00:32:16,319 They're shrinking their workforce then in addition to Gary Cohne, 495 00:32:17,079 --> 00:32:20,559 there's a woman named Abby Joseph Cohen. And for those 496 00:32:20,599 --> 00:32:22,559 of you that have been around for a few years, 497 00:32:22,640 --> 00:32:27,079 you go, oh, I remember her. She was the Wall 498 00:32:27,079 --> 00:32:30,720 Street guru. She was the chief economist at Goldman Sachs 499 00:32:31,359 --> 00:32:36,440 and she called the economy. Oh yes, she called the 500 00:32:36,480 --> 00:32:40,839 economy so perfectly. She became quite famous back in the 501 00:32:41,279 --> 00:32:44,839 I want to say, seventies, eighties, even into the nineties. Well, 502 00:32:44,880 --> 00:32:49,839 she's still around, and she was asked today about the 503 00:32:49,880 --> 00:32:54,400 economy and what she sees out there today. 504 00:32:54,720 --> 00:32:56,720 Speaker 9: As you know, I'm a long term bull on the 505 00:32:56,799 --> 00:33:00,559 United States. I think that our economy is by far 506 00:33:01,039 --> 00:33:03,640 the most impressive in the world, but there are always 507 00:33:03,680 --> 00:33:06,640 things to watch out for. And I loved watching the 508 00:33:06,720 --> 00:33:10,680 interview that you did yesterday with Lloyd Blankfine, because I 509 00:33:10,759 --> 00:33:13,799 have memories of sitting in a room with Lloyd and 510 00:33:13,960 --> 00:33:16,640 we'd all go in and everybody sort of knew what 511 00:33:16,680 --> 00:33:20,599 the consensus was and broad expectations in the market, but 512 00:33:20,720 --> 00:33:25,000 our conversation in that room was always what are we missing? 513 00:33:25,319 --> 00:33:27,400 What could go wrong? And so if you think of 514 00:33:27,440 --> 00:33:30,400 a bell curve, the market tends to trade in the 515 00:33:30,440 --> 00:33:33,400 center of that Bell curve. But the real opportunities and 516 00:33:33,440 --> 00:33:36,119 the real risks are at the extreme ends of that 517 00:33:36,200 --> 00:33:39,000 Bell curve. And one of the things I'm looking at, 518 00:33:39,119 --> 00:33:42,240 quite frankly, because I like to be prepared for risks, 519 00:33:42,599 --> 00:33:46,920 is what's happening with the United States visa VI China. 520 00:33:47,000 --> 00:33:50,079 This is a long term concern. I'm worried, for example, 521 00:33:50,640 --> 00:33:53,400 about the way we seem not to be investing as 522 00:33:53,480 --> 00:33:56,720 much as we used to in science and technology and 523 00:33:56,799 --> 00:34:01,599 also education, and the Chinese are doing a blockbuster job 524 00:34:01,720 --> 00:34:05,680 in their own economy investing in these categories. So is 525 00:34:05,720 --> 00:34:09,400 this something that investors need to worry about this week. No, 526 00:34:09,559 --> 00:34:12,320 but it's something to keep on the radar. Apparently the 527 00:34:12,360 --> 00:34:15,800 money is not being well spent because the pipeline that 528 00:34:15,840 --> 00:34:19,239 we have in the United States K through twelve in 529 00:34:19,480 --> 00:34:23,320 math and science and so on just isn't doing it 530 00:34:23,360 --> 00:34:27,039 for us. And we find that our PhD programs are 531 00:34:27,239 --> 00:34:31,880 very heavily filled by non Americans. Now, this has been 532 00:34:31,920 --> 00:34:35,400 going on for quite a long time. We extend student 533 00:34:35,519 --> 00:34:39,480 visas to people, and fortunately in the past many of 534 00:34:39,480 --> 00:34:42,800 these people have stayed in the United States. You know, 535 00:34:42,880 --> 00:34:46,920 sixty two or sixty three percent of the working PhDs 536 00:34:47,000 --> 00:34:50,760 in the US in medicine and engineering and applied science 537 00:34:51,119 --> 00:34:55,159 are in fact immigrants, not children of immigrants, but immigrants. 538 00:34:55,480 --> 00:34:58,360 And it's part of the secret sauce. The US has 539 00:34:58,480 --> 00:35:03,280 always benefited immigration flows, going back obviously to the founding 540 00:35:03,599 --> 00:35:06,679 of the nation. And if we mess that up, and 541 00:35:06,960 --> 00:35:10,800 at the same time we are not enhancing domestic education, 542 00:35:11,400 --> 00:35:14,119 that is not a recipe for success. I was one 543 00:35:14,159 --> 00:35:18,360 of those who was extremely concerned about tariffs, and as 544 00:35:18,400 --> 00:35:20,880 I always do, I go back and say, have I 545 00:35:20,920 --> 00:35:23,679 missed something? And one of the things that we need 546 00:35:23,719 --> 00:35:26,239 to keep in mind is that the tariffs have not 547 00:35:26,400 --> 00:35:29,960 yet been fully implemented. We haven't yet seen the impact. 548 00:35:30,320 --> 00:35:33,440 Now I hope that we in fact have what the 549 00:35:33,480 --> 00:35:39,639 consensus is saying, which is basically a one time increase 550 00:35:40,599 --> 00:35:44,039 in price level but not in inflation, but we don't 551 00:35:44,079 --> 00:35:46,079 know that yet. And one of the things to keep 552 00:35:46,119 --> 00:35:49,920 in mind is that those one time increases in tariff 553 00:35:49,960 --> 00:35:53,400 costs will be rolling. We've only seen part of it 554 00:35:53,440 --> 00:35:56,599 thus far. We'll see more in the second half of 555 00:35:56,639 --> 00:35:59,840 the year, and as all those inventories that got built 556 00:35:59,920 --> 00:36:03,320 up up in anticipation of the tariffs get run down, 557 00:36:03,840 --> 00:36:07,000 we may see some cost increases as well as well 558 00:36:07,039 --> 00:36:10,000 as the supply chain disruptions. But if it turns out 559 00:36:10,079 --> 00:36:13,960 that I was unnecessarily pessimistic, I will be among the 560 00:36:14,000 --> 00:36:15,000 first to say. 561 00:36:15,440 --> 00:36:19,039 Speaker 1: Ok So. Always good to hear from Abby Joseph Cohen. 562 00:36:19,079 --> 00:36:21,920 We haven't heard from her for a long long time. 563 00:36:22,280 --> 00:36:26,440 Wall Street today, Yesterday we set all kinds of new records, 564 00:36:26,679 --> 00:36:31,559 and today we did not. The market went the other direction, 565 00:36:31,599 --> 00:36:33,519 at least as far as the down down two hundred 566 00:36:33,519 --> 00:36:37,360 and seventy three down now at forty five thousand and eight, 567 00:36:37,599 --> 00:36:42,519 thirty four, SMP down just three points. NASDAK up ninety 568 00:36:42,559 --> 00:36:45,920 eight points. Gold was up six dollars to thirty six 569 00:36:46,079 --> 00:36:51,679 seventy nine. Price of oil up twenty cents sixty just 570 00:36:51,840 --> 00:36:54,679 under sixty three dollars now for one barrel of oil. 571 00:36:55,320 --> 00:36:58,400 That's it for today. That's it for this week. Thank 572 00:36:58,400 --> 00:37:01,079 you for coming by. If you have a great weekend, 573 00:37:01,079 --> 00:37:15,719 and we'll be back on Monday. Hope to see you them.