Speaker 1: This is Dan Caples and welcome to today's online podcast
Speaker 1: edition of The Dankplis Show. Please be sure to give
Speaker 1: us a five star rating if you'd be so kind,
Speaker 1: and to subscribe, download, and listen to the show every
Speaker 1: single day on your favorite podcast platform. American way is
Speaker 1: peace through strength. Right you want to stop or prevent war,
Speaker 1: never get in a war, then be strong enough nobody's
Speaker 1: going to want to fight you. It's also prosperity through strength.
Speaker 1: Ryan trademark that right now. I've never heard anybody say
Speaker 1: that before, but it's true prosperity through strength. And that's
Speaker 1: what you're getting right now with Trump. And yeah, hey
Speaker 1: it's it's a wild ride in the meantime, right but
Speaker 1: nothing great ever came easy. So that's what we're getting
Speaker 1: right now is prosperity through strength. And so, Ryan, as
Speaker 1: we hear people say these tariffs they're going to devastate America,
Speaker 1: you've got some prominent Republicans at this point to a
Speaker 1: supporting legislation that would take that terrifability away from President Trump.
Speaker 1: I think what we have to keep in mind and
Speaker 1: why I think it's so important to have trust in
Speaker 1: Trump on this and to back this play is that
Speaker 1: the key to any great deal. And remember, the book
Speaker 1: he wrote was not the art of the tariff. The
Speaker 1: book he wrote was the art of the deal. So
Speaker 1: those who are assuming that he is not doing this
Speaker 1: in order to gain leverage to get deals, I think
Speaker 1: are mistaken, because that I believe, and I've said it
Speaker 1: from the first moment he announced these tariffs, is what
Speaker 1: his play is.
Speaker 2: It's not to sit around for two to three to
Speaker 2: five to.
Speaker 1: Six years while these tariffs take their full effect over
Speaker 1: time in the American political process.
Speaker 2: That just wouldn't be feasible. Right.
Speaker 1: It might be an ideal in certain ways, one could argue,
Speaker 1: but we'll never know because it wouldn't be feasible politically.
Speaker 1: And even somebody like President Trump now, who's willing admirably
Speaker 1: to do very painful things in order to reset this
Speaker 1: country economically in a positive way, you know, his party
Speaker 1: would not stand by and allow the kind of wipeouts
Speaker 1: that would occur during the mid term, the twenty eighth cycle, etc.
Speaker 1: While tariffs, you know, had their time to work. No,
Speaker 1: he did this to gain leverage to do deals. And
Speaker 1: that is what is happening right now. And yeah, we'll
Speaker 1: talk about what's about to hit China overnight and where
Speaker 1: we think all of that is going to end. But clearly,
Speaker 1: as I said from the first instant he announced this play,
Speaker 1: it is to gain leverage to do deals. We all
Speaker 1: know you can't do any meaningful deal, let alone a
Speaker 1: good deal, unless you have leverage. I mean, I've been
Speaker 1: practicing law for forty years.
Speaker 2: I do big cases.
Speaker 1: The only way you're going to get a maximum settlement
Speaker 1: is if you have leverage. And the only way you're
Speaker 1: going to have leverage is if you've proven you'll go
Speaker 1: to trial and you know how to win, and you're
Speaker 1: going to go to trial and you're going to win.
Speaker 1: And that's where you get the leverage to make them
Speaker 1: pay fully. On the other side. You cannot get any
Speaker 1: great deal without leverage, and talk is cheap, same thing
Speaker 1: in my analogy. You can say all those things, but
Speaker 1: unless you actually go into the courtroom and prove you'll
Speaker 1: go into the courtman and spend all the money to
Speaker 1: go into the courtman and spend all the time and
Speaker 1: then be blessed to win, well, then the other side's
Speaker 1: going to completely ignore it. So the only way Trump
Speaker 1: could get this leverage is to do it is to
Speaker 1: do it. The only way to it is through it.
Speaker 1: So you got to do it, and he's doing it.
Speaker 1: So there's some disruption and there's some pain in the meantime.
Speaker 1: But I think this is a play for leverage and
Speaker 1: I think that he's carrying it out very well right now,
Speaker 1: and I think he's going to get a lot of
Speaker 1: good deals and I think he's going to get him
Speaker 1: pretty quickly. Obviously, the big kahuna is China, right the
Speaker 1: big violator is the Communist Party of China and Trump.
Speaker 2: I think Ryan didn't he just go to one hundred
Speaker 2: and four.
Speaker 1: Percent tariffs on Chinese goods, and so I think that
Speaker 1: kicks in maybe at midnight tonight. So yeah, there's going
Speaker 1: to be this international game of chicken going on, particularly
Speaker 1: with China.
Speaker 2: And I can't sit here and tell you whether it's
Speaker 2: going to go on for days or weeks or months.
Speaker 1: But you know, I would betch my golf clubs and
Speaker 1: the family truckster that it's not going to go on
Speaker 1: for a year.
Speaker 2: I don't think it's going to go on for six months.
Speaker 1: I'm not in that camp that thinks, okay, it's all
Speaker 1: going to get worked out in the next three days.
Speaker 1: I think the issues are probably too big for that,
Speaker 1: but maybe it does. I mean, there's a lot of
Speaker 1: mutual respect. It appears between these two. On the one hand,
Speaker 1: you have one of the most evil people in world
Speaker 1: history in g on the other hand, you have somebody
Speaker 1: who's been a hero for freedom in the world in Trump.
Speaker 1: But they appear to have this mutual respect. And maybe
Speaker 1: there's an opportunity for a quicker deal there.
Speaker 2: Why because she knows now.
Speaker 1: She knows Trump operates within the American system right where
Speaker 1: where he's going to be subjected to many more political pressures.
Speaker 1: And thank god we're in a system like this with
Speaker 1: those competing pressures and not in a communist system.
Speaker 2: She has some more leeway that way.
Speaker 1: But it's not like it's not like everybody in China
Speaker 1: right now is driving a Bugatti, right. I mean, they've
Speaker 1: got some economic problems of their own. So it's the
Speaker 1: art of the deal, not the art of the tariffs.
Speaker 1: The tariffs are a way to get leverage so President
Speaker 1: Trump can get some deals, saying God love them for
Speaker 1: us because the status quo has not been good is
Speaker 1: not good. And Ryan and I come back to this
Speaker 1: point then we'll open it up to calls and text.
Speaker 1: Can anybody deny this profound truth, The underlying premise of
Speaker 1: all of this that if we are going to have
Speaker 1: the America that we want, that any sane person want,
Speaker 1: any good person wants. If we're going to have that America,
Speaker 1: something maddick has to be done to support, to boost,
Speaker 1: to provide the opportunity, not guaranteed outcome, that's communist crap.
Speaker 1: I'm talking about equal opportunity for working people in America.
Speaker 1: There has to be some really significant change, and I
Speaker 1: believe what Trump's doing right now is part of that.
Speaker 2: And then another I won't call it bombshell kind.
Speaker 1: Of overused and most often used in connection by Ryan
Speaker 1: of course with his amazing fiance, but kind of a
Speaker 1: bombshell revelation today that President Trump has confirmed that he's
Speaker 1: thinking of some tax cuts on the pardon me, let
Speaker 1: me take that back. The reason it's a bomb show
Speaker 1: is because he's thinking of tax increases on.
Speaker 2: The very wealthy, and so we'll talk about that as well.
Speaker 1: Three or three someone three eight two five five text
Speaker 1: d an five seven seven three nine.
Speaker 2: So we got a lot to do, and we haven't
Speaker 2: even got to the Nuggets.
Speaker 1: Yet Yeah, we're not a sports show, so we won't
Speaker 1: devote the whole show to what A like to, which
Speaker 1: is to talk about the firing of Nuggets coach Michael
Speaker 1: Malone today. And I just want to say this on
Speaker 1: that I've never met him, like him personally, like how
Speaker 1: he handles himself, like overall, how he's approached the team.
Speaker 1: But clearly this team was no longer responding to him.
Speaker 1: And that can happen right through no fault of anybody's overtime.
Speaker 2: That's just the.
Speaker 1: Nature of relationships. It's been ten seasons, but not my marriage.
Speaker 1: It's been thirty seasons plus there, and it just keeps
Speaker 1: getting better, and we just keep winning more and more
Speaker 1: championships as we define them within the confines.
Speaker 2: Of marital bliss.
Speaker 1: But what I'm saying is I have so much respect
Speaker 1: for the Kronkeys for pulling the trigger now because you've
Speaker 1: got to send the message and the rest of the season,
Speaker 1: it probably won't last that long, but the rest of
Speaker 1: the season is going to be so much more valuable,
Speaker 1: so much more interesting, And it's so respectful to the fans,
Speaker 1: you know, who pay a lot of money.
Speaker 2: I got to bias.
Speaker 1: Our law firm is the official law firm partner of
Speaker 1: the Nuggets in the Colorado wa Avalanche, So.
Speaker 2: I've got a bias there.
Speaker 1: And yeah, we get some time with people in the
Speaker 1: cron Key organization stuff like that, But but I just
Speaker 1: have so much respect for them for doing this, and
Speaker 1: it's it shows tremendous respect to the fans. We know,
Speaker 1: even if you don't pay a dime for tickets, you
Speaker 1: pay with something more valuable than paper currency or plastic.
Speaker 1: You pay with your time to watch this team. You
Speaker 1: pay with your heart to support this team. And it's
Speaker 1: respectful of fans to say, we're not putting up with
Speaker 1: this garbage we're seeing on the court right now. We
Speaker 1: got the best player in the world and we're not
Speaker 1: going to sit back and voluntarily waste another minute of
Speaker 1: his time. So I think a tremendous, tremendously respectful message
Speaker 1: to the fans and an important message to the players
Speaker 1: on the team. You want to be here next year,
Speaker 1: Go play some defense, Go play some defense. Bryan Schulin
Speaker 1: could go out there, and what do you think you'd shoot?
Speaker 1: What would your shooting percentage be in my prime?
Speaker 3: I don't know.
Speaker 4: Off the bench able to three or a couple, but
Speaker 4: just one thing, and I don't expect you to dovetail
Speaker 4: out this dam But on behalf.
Speaker 3: Of the fans. Did you watch that calamitous conclusion.
Speaker 4: To the game the other night where Nikola Jokic had
Speaker 4: sixty points and Russ Westbrook split his hair on fire
Speaker 4: and lost the game.
Speaker 1: Listen, here's why I don't criticize Westbrook for that, and
Speaker 1: that is he plays hard. Right, If you're gonna play hard,
Speaker 1: you're gonna be bold and dynamic. Then every now and
Speaker 1: then there's gonna be a big, big mistake. That's just
Speaker 1: one of the biggest mistakes people have seen in.
Speaker 2: A long time.
Speaker 1: That's why I don't fault Westbrook for that. But you're
Speaker 1: right that end to that Minnesota game, what was beyond
Speaker 1: a gut punch. What bothered me even more, and then
Speaker 1: we'll get off sports. What bothered me even more was
Speaker 1: the end of the game Sunday night.
Speaker 2: You know, where.
Speaker 1: Jokic, as always is playing his heart out and then
Speaker 1: you don't have the defensive effort and you give up
Speaker 1: a late loss to the Pacers in a game you
Speaker 1: had to win. So I just respect the Kronkeys for
Speaker 1: pulling the trigger. When we come back, we'll get back
Speaker 1: to financial armageddon. Say the panic porn folks, I don't
Speaker 1: think so. I think we're in the middle of a
Speaker 1: brilliant not perfectly played and I'll tell you what I
Speaker 1: mean about that, but a courageous and brilliant move by
Speaker 1: President Trump that's going to pay enormous dividends pun intended.
Speaker 2: You're on the Dan Caplas Show.
Speaker 3: And now back to the Dan Kaplass Show podcast.
Speaker 5: Is trading higher today and we did see what was
Speaker 5: welcomed yesterday, and that has a bounce from some of
Speaker 5: the lows and even a higher close on the NASDAC.
Speaker 5: One of our guests, the Secretary earlier mentioned the resumption
Speaker 5: of the trade put and not coincidentally, it coincided with
Speaker 5: your trip to Florida over the weekend, where reportedly you
Speaker 5: were stressing that the market needed to hear that negotiations
Speaker 5: about these tariffs we're in play lo and behold, we
Speaker 5: did see a bounds.
Speaker 2: Is that a fair assessment? You think that's what happened
Speaker 2: and we'll get to us.
Speaker 1: Got a sense answer to that, Treasury Secretary, which I
Speaker 1: think is very encouraging. You're just consistent with what I've
Speaker 1: been saying from the jump. This is all about cutting deals,
Speaker 1: cut twenty two.
Speaker 2: Please.
Speaker 6: I went down to see President Trump, as I do
Speaker 6: many weekends, and you know, I can tell you it's
Speaker 6: all President Trump's decision, and he had a view on
Speaker 6: after Liberation Day that we should go into quiet mode
Speaker 6: and let our partners think about the kind of the
Speaker 6: shock and awe that he presented. And over those following
Speaker 6: few days from April second, we had the I think
Speaker 6: we're up to seventy countries contact the White House for
Speaker 6: how to come and negotiate. So, you know, I would
Speaker 6: say that the negotiations are the result of the massive
Speaker 6: inflow of inbound calls to come and negotiating had nothing
Speaker 6: to do with the market.
Speaker 2: Yeah, this is not a complicated formula.
Speaker 1: Right, You've got to impose these tariffs to get the
Speaker 1: leverage because talk is cheap. You've got to impose the
Speaker 1: tariffs to get the leverage. Then you cut the deals.
Speaker 1: China toughest not to crack. That may take longer, so yeah,
Speaker 1: there's probably going to be more pain ahead, right, and
Speaker 1: then everybody has to decide for themselves if they have
Speaker 1: a four to o one k. If they're in the
Speaker 1: stock market, et cetera, they have to decide for themselves
Speaker 1: how to play it. You know, nobody's ever going to
Speaker 1: time the bottom perfectly, right, not if they're going to
Speaker 1: do it legally.
Speaker 2: Nobody's ever going to time that.
Speaker 1: So you just have to decide, Okay, did you wait
Speaker 1: before putting some money in to take advantage of some bargains?
Speaker 1: And you know me, I'm no expert when it comes
Speaker 1: to stock picking or anything else, but clearly you've got
Speaker 1: a lot of companies that kind of dominate in their
Speaker 1: own sectors that are, you know, twenty thirty percent off
Speaker 1: their highs. So people just have to decide when are
Speaker 1: they going to get back in?
Speaker 2: Are they going to get back in at all? Personally?
Speaker 1: For us, and again, do the opposite of whatever I do,
Speaker 1: But yeah, for us, you bet. And I'm just kind
Speaker 1: of layering in knowing we're gonna have ups and downs,
Speaker 1: it's not the bottom, but also knowing that you never lose,
Speaker 1: right Ryan, You never lose a dime.
Speaker 2: Until you sell exactly.
Speaker 1: Yeah, some awful things can be happening right now, but
Speaker 1: you're not losing any money unless you sell. Now, some
Speaker 1: people closer to retirement or maybe a sick child, you
Speaker 1: have these other special needs that pop up, then yeah,
Speaker 1: you may be facing some losses, but as long as
Speaker 1: you can wait it out, you're not going to lose
Speaker 1: that money, and you're going to be positioned for when
Speaker 1: it inevitably comes back.
Speaker 4: That's why I was so surprised, Dan, I found your
Speaker 4: conversation with Ross, and I know our listeners did, very intriguing,
Speaker 4: very interesting as you continued to really battle in the
Speaker 4: arena of debate, and that he had revealed that he
Speaker 4: had already sold off, and I'm like, really, I was
Speaker 4: quite stunned by that development that he would have reacted
Speaker 4: so viscerally and immediately to some uncalm in the market.
Speaker 4: Because of your very point that if you ride this out,
Speaker 4: as Marco Rubio said, and I think he articulated it well,
Speaker 4: the markets will adapt, the markets will adjust, the markets
Speaker 4: will correct.
Speaker 3: There isn't going to be a bottoming out here.
Speaker 2: Yeah, but an experienced trader like Ross.
Speaker 1: And I'm not an experienced trader, right, I mean, I
Speaker 1: spend my days in my law practice representing my clients
Speaker 1: all that good stuff. Ross is an experienced professional trader,
Speaker 1: so what he may well be doing is yeah, he
Speaker 1: had mentioned that he had sold some stuff. I can't
Speaker 1: remember his exact words. He may be just planning to
Speaker 1: get back in, you know, to take advantage of that churn,
Speaker 1: and a skilled guy like that may be able to
Speaker 1: do that very successfully, whereas I.
Speaker 2: Would not be right well, nor me.
Speaker 1: I just try to find I just try to find
Speaker 1: good companies with true value doing good things, you know,
Speaker 1: or at he's not doing bad things, you know, that
Speaker 1: that I can invest in for the long term. I'm
Speaker 1: not a day trader kind of guy, you and me,
Speaker 1: But that's why I don't have a fleet of bugattis
Speaker 1: like one young Ryan Schuing. Yeah, right, are there any
Speaker 1: And I'll get back to that in a second. I
Speaker 1: did want to cover one thing before the end of
Speaker 1: this segment, and that is, you know, I've praised President
Speaker 1: Trump a lot because he deserves it, and I'm not
Speaker 1: going to repeat all that praise here.
Speaker 2: I think the maneuver he's.
Speaker 1: Making now is necessary pain and he's going to land
Speaker 1: it very well. The one thing that I wish he
Speaker 1: had done differently here because this is such a major,
Speaker 1: a major disruption, is I wish that he had done
Speaker 1: an Oval Office address in the beginning, just laying out
Speaker 1: his plan, the reasons for it, and he's got many
Speaker 1: good reasons for it, and just talking about why it
Speaker 1: was going to.
Speaker 2: Be worth this short term pain.
Speaker 1: I think that that it would have been better for
Speaker 1: the country to have that Oval Law address in the beginning.
Speaker 1: You know, I think he's been explaining all of that
Speaker 1: before and since, but I think that would have been
Speaker 1: a nice additional touch with that. Said, Hey, bro, whether
Speaker 1: it's a week, a month, three months, six months, I
Speaker 1: have no doubt America long before the midterms is going
Speaker 1: to be saying this is a really gutsy move. And
Speaker 1: he won, and America won, and we're in a much
Speaker 1: better position today, and I think the country and the
Speaker 1: Republican Party are going to head into next year's midterm
Speaker 1: cycle with the head of steam.
Speaker 4: And it goes to what you said yesterday, Dan, that
Speaker 4: is President Trump would not be staking all of his
Speaker 4: political capital, and that's what he's doing here. He's putting
Speaker 4: all his chips in the middle on this issue, this
Speaker 4: topic trade in tariffs. If he wasn't confident was going
Speaker 4: to work, if he was a losing that, why would
Speaker 4: he do it?
Speaker 2: Exactly.
Speaker 1: And it's not just the confidence it's going to work.
Speaker 1: He's in control right now.
Speaker 2: Obviously.
Speaker 1: You know, say that the big koon of the deal
Speaker 1: with China that eventually is going to get done here,
Speaker 1: I'm not saying that's going to be an overnight thing
Speaker 1: or an over weak thing or over the course of
Speaker 1: one month. And you know that's that's a time's going
Speaker 1: to become very tense, and there'll be an awful lot
Speaker 1: of pressure on President Trump as we see the market go.
Speaker 2: Up and down, et cetera. But he's in control in
Speaker 2: the end.
Speaker 1: He's in control in the end because in a worst
Speaker 1: case scenario, you know, he can get a worse deal
Speaker 1: than he hoped to get and still come out ahead
Speaker 1: of where we work. So he is as in control
Speaker 1: as any president can ever be in a scenario like this.
Speaker 1: And Ryan, he goes into it in the perfect position,
Speaker 1: right because talk is cheap. You know, you've got to
Speaker 1: prove strength, and he has proven his strength and his
Speaker 1: willingness to stand in there and fight like no other
Speaker 1: president in modern American history. So he comes to the
Speaker 1: table with that hard earned credibility that he's putting to
Speaker 1: work for us. Now Canton will work to his own
Speaker 1: political benefit as well. Three or three someone three eight
Speaker 1: two five five text d An five seven seven three nine.
Speaker 1: You're on the Dan Caplass Show.
Speaker 3: You're listening to the Dan Kapliss Show podcast.
Speaker 1: The big question that a lot of people have here
Speaker 1: is does the alien enemies that cannot be used at all?
Speaker 2: The court did not rule on that.
Speaker 1: I suppose they may never, although one would think it
Speaker 1: will work its way back up to them. Again, did
Speaker 1: he give any hint and you're reading of this, any
Speaker 1: hint on where they may go here?
Speaker 7: No, although I am disturbed that they didn't at least
Speaker 7: give us a hint that this may not be a
Speaker 7: proper use of the Act. And I'm also really disturbed
Speaker 7: John by their failure to engage with the bad faith
Speaker 7: of the administration here in rushing these people onto a plane,
Speaker 7: in not releasing the proclamation publicly, and rushing them despite
Speaker 7: the fact they had a court court hearing in place
Speaker 7: where they had a good reason to believe that the
Speaker 7: judge was going to stop them. All of that also
Speaker 7: remains on ste which to me in bolds the administration
Speaker 7: to try to keep pushing these limits.
Speaker 1: Well, sure it does, I think this was an enormous
Speaker 1: win for the Trump administration. I think very good for
Speaker 1: the country overall on lots of different levels. And we'll
Speaker 1: get into more detail on that as we move through
Speaker 1: the show. Want to get to the phone lines. Continue
Speaker 1: to talk about something that's probably very much on your mind,
Speaker 1: whether you have any stocks or not in the retirement fund,
Speaker 1: et cetera, just because you know that there may be
Speaker 1: some disruption coming up in the broader economy as well,
Speaker 1: particularly as Trump goes head to head with the Communist
Speaker 1: Party of China starting at.
Speaker 2: Midnight tonight, and we don't know if it'll go weeks, months, etc.
Speaker 2: But we do know a deal is going to get
Speaker 2: cut sooner than later.
Speaker 1: In America is going to be in a much better
Speaker 1: position than it was before President.
Speaker 2: Trump levied the tariffs.
Speaker 1: Before I go to the phone lines, let's squeezing a
Speaker 1: couple of texts. Dan, Ryan, maybe Ross sold before the tariffs.
Speaker 1: I thoroughly enjoyed the battle of the talk show host yesterday. Dan,
Speaker 1: you held your own regarding tariffs. I really enjoyed that
Speaker 1: as well. And it you know, Ross Kaminski does a
Speaker 1: great show on KOWA. We disagree on this issue. He's
Speaker 1: a real sharp guy, and it is great to have
Speaker 1: that battle of ideas. It's one reason that Kapitalist and
Speaker 1: Siliman worked for years, and I think was still working
Speaker 1: at the time that show ended. But I just think
Speaker 1: we need more of that, right, We just need more
Speaker 1: of that, and I think consumers benefit from that.
Speaker 2: We're all consumers right all the time.
Speaker 1: Dan, I wish President Trump would have put the number
Speaker 1: ninety two on China, meaning Trump forty five, Trump forty
Speaker 1: seven equals ninety two percent tariffs.
Speaker 2: That from Eric, Thank you, Eric.
Speaker 1: We love a sense of humor often the very best
Speaker 1: way to communicate.
Speaker 2: Dean in Arvada, Colorado. You're on the Dan Kaplo Show.
Speaker 1: And then I want to get to the one thing
Speaker 1: I think President Trump could have done better here, even
Speaker 1: though I think he's done a lot extremely well.
Speaker 2: Welcome Dean.
Speaker 8: The reason I'm the reason I'm calling is because of
Speaker 8: the Ammy Cooney Barrett Pack Oh call, yeah. I was
Speaker 8: listening to Jesse Kelly a little bit. Uh you know him, right, yeah, yeah,
Speaker 8: Well he.
Speaker 9: He was just for informational purposes.
Speaker 5: Uh.
Speaker 8: He basically explained that her sister has been threatened. Uh,
Speaker 8: you know they said bomb threats at the Barrett's house.
Speaker 8: It looks like she it's either been threatened or because
Speaker 8: I don't think she's on the take, I think, oh,
Speaker 8: I think they did, and I just think they got
Speaker 8: to her, uh, and they're sharing her. I think I
Speaker 8: think Trump needs just started putting some massive security around.
Speaker 9: All the judges, even if they're a liberal judge.
Speaker 8: I think he out of security.
Speaker 2: Well, and I'm so glad you called on this.
Speaker 1: So I think you and I have different takes, my friend,
Speaker 1: but thank you for coning on something really important and
Speaker 1: for most folks.
Speaker 2: With normal lives. You know, there've been a couple of.
Speaker 1: Really big Supreme Court rulings in the last twenty four
Speaker 1: to forty eight hours, and Justice Barrett went against the
Speaker 1: administration on one of those, and had been, you know,
Speaker 1: on the other side of the administration on a couple
Speaker 1: of cases recently, and you know, in support of the
Speaker 1: administration's position on some other big cases.
Speaker 2: And so there's been this concern on the.
Speaker 1: Part of some that Justice Barrett, you know, at this
Speaker 1: point is really a justice suitor or some have said
Speaker 1: that she's concerned for safety, et cetera. I respectfully disagree
Speaker 1: on that Dean. From everything I've seen about her, I
Speaker 1: think she is a person of utmost character and strength
Speaker 1: and principle. And while I strongly degree disagree with some
Speaker 1: of the positions she's taken, I think she's gotten there
Speaker 1: honestly true to her own judicial philosophy. I don't think
Speaker 1: she's outcome driven in terms of I want to be
Speaker 1: against the administration on this. I haven't seen anything that
Speaker 1: suggests to me that there's some kind of overarching issue
Speaker 1: with this president who obviously appointed her. So, yeah, do
Speaker 1: I wish you would have come down differently in some
Speaker 1: of these rulings, You bet, But I don't think there's
Speaker 1: anything nefarious or any kind of intimidation going on there.
Speaker 1: Oh we losteing, Okay, well, hopefully you'll come back. I'm
Speaker 1: sure he has a different take on that.
Speaker 2: But I believe.
Speaker 1: Obviously every word I just said to you. I think
Speaker 1: what happens is that you know, you get you get people,
Speaker 1: and the judge has such a different role, right because
Speaker 1: when you take on that judicial role and you put
Speaker 1: the robes on, it's it's supposed to mean at that point, Okay,
Speaker 1: your own policy preferences, opinions, et cetera. You know, those
Speaker 1: don't matter anymore. Those don't matter anymore. That's why I
Speaker 1: have the RoboN. And so in turn terms of how
Speaker 1: different judges and justices in this case approach their job,
Speaker 1: I believe this is a person justice spart with this
Speaker 1: judicial philosophy and she follows it strictly no matter what
Speaker 1: outcome it leads to, and that she's never going to be,
Speaker 1: you know, like we see so many in Supreme Court history,
Speaker 1: so many justices on the left to in my opinion,
Speaker 1: you know, just become partisans and just become outcome driven.
Speaker 1: And she's never going to be one of those justices.
Speaker 1: I think she's emerging as a key swing vote. But
Speaker 1: one thing that tells me Ryan among many other things,
Speaker 1: but one thing that tells me that she is absolutely
Speaker 1: true to her judicial process and beliefs is where she
Speaker 1: came down on roll because that, you know, Dobbs, the
Speaker 1: overturning of role, that is the toughest thing any justice
Speaker 1: in modern American history has had to do.
Speaker 2: And it was the right thing, clearly, not even a
Speaker 2: close call, but the toughest thing.
Speaker 1: And she was absolutely rock solid on that, And that,
Speaker 1: among other things, leaves me with no concern that she's.
Speaker 2: Going to be one of those who go soft on.
Speaker 1: What's really right because she wants to be liked, you know,
Speaker 1: by the East Coast academic establishment or any of that garbage.
Speaker 1: She was true on Dobbs, and that I think tells
Speaker 1: you just about everything you need to know.
Speaker 4: Jerry's still out and fun intended there on what she'll
Speaker 4: be long term, thank you.
Speaker 3: But it just goes back to the conversation you and
Speaker 3: I have had over these many years.
Speaker 2: Dan.
Speaker 4: You go back to John Paul Stevens appointed by Gerald R. Ford,
Speaker 4: and he went wildly to the left. Then David Souter
Speaker 4: on Herbert Walker Bush's watch. Then you had under Ronald
Speaker 4: Reagan even Sander Dale O'Connor and Anthony Kennedy went to
Speaker 4: the middle. Then you also had John Roberts the Chief Justice.
Speaker 4: He's been unreliable. It never goes the other way. We're
Speaker 4: a Carter, Bill Clinton, a Barack Obama, Joe Biden appointed
Speaker 4: in Supreme Court justice and they drift to the right.
Speaker 2: It never happens, No, And you're right, it doesn't.
Speaker 1: And I do think you know, justices are only humans,
Speaker 1: some more susceptible to it than others. But obviously you
Speaker 1: get that poll of the East Coast academic establishment, including
Speaker 1: the Ivy League establishment, the media that's largely created by
Speaker 1: the Democratic Party, it's controlled. And then also just human nature,
Speaker 1: right is so many people, you know, get consumed with
Speaker 1: what their legacy is going to be, how they're going
Speaker 1: to be viewed by history. And guess who gets to
Speaker 1: right history. It's the left normally through its control of
Speaker 1: the media. And so I do think you see over
Speaker 1: time some justices give in to that. I don't think
Speaker 1: she is giving into that one iota, and I think
Speaker 1: the Dobbs decision is the best proof of that, but
Speaker 1: that there are other examples. But you're right, it never
Speaker 1: goes the other way, does it? And you look back
Speaker 1: on Centa day O'Connor, and listen, I run old Reagan
Speaker 1: was a gift to this country, and I'm grateful that
Speaker 1: we had him as our president. But the books I
Speaker 1: read and everything else, it doesn't appear to be in dispute.
Speaker 1: Is Sandra day O'Connor, if I remember the stories correctly,
Speaker 1: and it's been a while, was supporting abortion pro abortion
Speaker 1: legislation in Arizona and still got a Reagan appointment to
Speaker 1: the US Supreme Court. You haven't had, in my humble opinion,
Speaker 1: you have not had a Republican president of the United
Speaker 1: States truly committed to pro life in including on the
Speaker 1: US Supreme Court.
Speaker 2: And listen, it happens to be the correct outcome, but
Speaker 2: constitutionally it's the only outcome is Dobbs.
Speaker 1: The only constitutionally correct outcome is Dobbs. But Trump has
Speaker 1: been by light years the most committed Republican president to.
Speaker 2: The life issue.
Speaker 3: Very true.
Speaker 1: Yeah, three h three someone three eight two five five
Speaker 1: text d An five seven seven three nine.
Speaker 2: When we come back, we got.
Speaker 1: An awful lot of ground to cover, and of course
Speaker 1: we'll continue to overark it all with what's going on economically,
Speaker 1: the related politics.
Speaker 2: Why I'm convinced this is a.
Speaker 1: Brilliant move by Trump which is going to work bigly.
Speaker 1: You're on the Dan Caplass Show.
Speaker 3: And now back to the Dankaplis Show podcast.
Speaker 10: The President is right when it comes to tariffs and
Speaker 10: when it comes to trade. In fact, Democrats have long
Speaker 10: said that the United States of America has been ripped
Speaker 10: off by the countries around the world. They just don't
Speaker 10: want to admit it now because it's President Trump.
Speaker 2: Who is saying that.
Speaker 10: In June of nineteen ninety six, Nancy Pelosi spoke on
Speaker 10: the House floor.
Speaker 2: She urged her.
Speaker 10: Colleagues at the time to fight against the status quo
Speaker 10: trade policies that had contributed to America's.
Speaker 2: Trade deficit with China.
Speaker 10: In fact, Nancy Pelosi said, how far does China have
Speaker 10: to go, how much more repression, how big a trade deficit?
Speaker 10: How many jobs have to be lost for the American workers,
Speaker 10: how much dangerous proliferation has to exist before members of
Speaker 10: this House of Representatives will say I.
Speaker 2: Will not endorse the status quo.
Speaker 10: Those are the words of Nancy Pelosi in nineteen ninety six.
Speaker 10: While President Trump is finally answering her call twenty seven
Speaker 10: years later, Nancy Pelosi can thank President Trump today for
Speaker 10: the one hundred and four percent retaliatory tariff that will
Speaker 10: be going into effect on China.
Speaker 1: Yeah, no, right on target. I love the fact they're
Speaker 1: fighting on this. Three or three someone three eight two
Speaker 1: five five texts d an five.
Speaker 2: Seven seven three nine.
Speaker 1: But as we go to calls, remember this, it's not
Speaker 1: the art of the tariffs.
Speaker 2: That wasn't the name of his book. It's the art
Speaker 2: of the what the art of the deal.
Speaker 1: And you can't make a deal without leverage, and the
Speaker 1: way he gets leverage is through these tariffs. They're not
Speaker 1: an end game unto themselves. There are a means to
Speaker 1: a rapidly that might mean six months in the case
Speaker 1: of China, but a rapidly much better landscape for the
Speaker 1: US moving forward. Let's go too beautiful and it is
Speaker 1: Frederick Color, I don't talk to Doug.
Speaker 2: You're on the Dane Capitalist Show.
Speaker 11: Welcome, Hey, Dan. Just you know, I've been thinking about
Speaker 11: this from the working man's perspective, the average guy.
Speaker 9: Yeah, I think the average medium in.
Speaker 11: Come in this in this country is.
Speaker 9: Eighty thousand households somewhere in there.
Speaker 8: You know, maybe it's one person working, their wife's staying
Speaker 8: home with the kids.
Speaker 11: Just think about what I'm getting at is what's good
Speaker 11: for Wall Street?
Speaker 9: Is that necessarily good.
Speaker 2: For Main Street?
Speaker 11: We haven't seen that in this country lately.
Speaker 9: A lot of so many people.
Speaker 2: Can't afford a home.
Speaker 11: You know, a lot of people work so hard and
Speaker 11: they just can't get ahead.
Speaker 9: And what you have with these with a lot of
Speaker 9: the trade policies, one we're dealing from a trade deficit.
Speaker 11: But two, our very own flour along case are hurting
Speaker 11: us in some sense because yes, we're putting away of
Speaker 11: money for retirement, but that money going to retirement, yes
Speaker 11: that's couldn't find. But if you have to borrow for
Speaker 11: that to pay your mortgage, you can't even afford a house.
Speaker 11: So what I'm getting at is, if you're set up
Speaker 11: to where you're going to make the most money.
Speaker 9: Three or four one k, maybe those companies.
Speaker 11: Are all based in a foreign countries, how does that
Speaker 11: help us as Americans.
Speaker 9: We've got to get the jobs back here.
Speaker 8: We've got to help Americans.
Speaker 11: We got to help Main Street in order to help
Speaker 11: help Wall Street.
Speaker 2: Well, what we need.
Speaker 1: What we need, my friend, is we need a Manhattan
Speaker 1: Project for the working class in America. We need a
Speaker 1: Manhattan Project for the middle class in America. Because the
Speaker 1: single greatest threat to the continuation of America as we
Speaker 1: wanted is right now the many different ways that the
Speaker 1: working class in America is being abused and is being
Speaker 1: being deprived of equal opportunity and equal opportunity for their children.
Speaker 1: And this crosses all lines of color. It's a big
Speaker 1: reason why President Trump has gained so much among people
Speaker 1: of color. Is because so many people of color are
Speaker 1: hard working people who are part of the working class
Speaker 1: that typically gets screwed in this country. So yeah, we
Speaker 1: need a lot, We need a lot more than just
Speaker 1: the gains that are going to be made through this
Speaker 1: this tariff leverage play of Trump, and they are going
Speaker 1: to be important gains, but we need a lot more
Speaker 1: than that. To Hey, appreciate the call, but you're one
Speaker 1: hundred percent correct, And it's a matter of maths, it's
Speaker 1: a matter of fairness.
Speaker 2: It's a matter of just coherence of our society. I mean,
Speaker 2: you can't have.
Speaker 1: Anything, you can't have anything stay together if the middle
Speaker 1: is cut out. And that's what's happening in America is
Speaker 1: this gap between the halves and the working class in
Speaker 1: America is growing greater and greater and greater.
Speaker 2: Now, I don't need jerk blame the rich.
Speaker 1: People, right because in America, part of the idea is
Speaker 1: that people should have that opportunity to prosper, you know,
Speaker 1: if they have the ability to the great idea, the
Speaker 1: great product, the great this, the great that.
Speaker 2: Yeah, we want to.
Speaker 1: Encourage that, right because it benefits everybody and it's part
Speaker 1: of our freedom. So My reaction is not to blame
Speaker 1: as a whole, you know, the rich the halves for
Speaker 1: the fact that the working class is falling behind.
Speaker 2: The working class is getting.
Speaker 1: Screwed in America by the Democratic Party, which is now
Speaker 1: owned by the left wing. And listen, the Republican Party
Speaker 1: hasn't been blameless, but the Democratic Party has built in
Speaker 1: existential motivation to keep the working class down.
Speaker 2: Because our last call.
Speaker 1: To Ryan referred to median income being up around I
Speaker 1: don't know sixty or seventy thousand. I know what the
Speaker 1: median income is in America. What do you think it is? Ryan?
Speaker 1: I time an individual or do a income husholds Well,
Speaker 1: not individual individual? Medium income in America is is what
Speaker 1: would you guess just under forty what you're right? When
Speaker 1: you win and you ad you get some married people
Speaker 1: both are working, it's a round eighty k. But my
Speaker 1: point being this that the Democratic Party knows the math.
Speaker 1: When individuals start making around seventy some aregu sixty five,
Speaker 1: some aregu seventy five, but around seventy thousand a year
Speaker 1: they vote Republican. So the Democratic Party has this is
Speaker 1: built in existential incentive to keep working class people down.
Speaker 1: Just proportionately people of color, but all working class people down.
Speaker 1: And then beyond that you get into the politics of it, right,
Speaker 1: and so there is a war on the working class
Speaker 1: on multiple fronts, and President Trump is trying to deal
Speaker 1: with it in a very tangible way here on the
Speaker 1: terrorf side. But that's not going to be the silver
Speaker 1: bullet fixed for everything. There's a lot more that has
Speaker 1: to be done for the working class than that.
Speaker 2: But finally, a president who's willing to suffer.
Speaker 1: Some political pain to dive in and try to do
Speaker 1: a reset three or three someone three eight two five
Speaker 1: five textda in five seven seven three nine. Why is
Speaker 1: Colorado Democrats at the legislature trying to protect child rapists?
Speaker 2: Dge Brockler joins us, and that after the break on
Speaker 2: the Dan Kapla Show,