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Speaker 1: And hello, Hi, how are you welcome to the Big

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Podcast on this Thursday. Today's the twenty first day of May,

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Year of Our Lord, twenty twenty six.

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Speaker 2: My name is Tom Sullivan.

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Speaker 1: And well we've got of course, we're always keeping track

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of what's going on with Iran, but we've also got well,

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Congress is bucking the system. The President is looking for

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some money, and the Republicans in Congress are push back

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going on. We're not so sure so they are. They

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are pushing back on the one point eight billion dollar

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weaponization fund. They are pushing back on the ballroom, they

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are pushing back on I think even the reflecting pools.

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So they I'll get into the details with you as

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we go through the program today. But we've also got

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Stephen Colbert. Tonight is his last show. It's been the long, long,

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long goodbye. It never happens in broadcasting. It just doesn't

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ever happen that they let somebody stay. Usually when they

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are going to cancel the program, they cancel it, and

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that is that the last time you're going to see

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that person.

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Speaker 2: But I don't know, I don't know what.

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Speaker 1: The deal is with CBS, and this is before they

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changed owners. But it's still h he's out the door.

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And the problem with all all of this is they're

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trying to make it. I don't know, they're trying to

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come up with all kinds of excuses. But bottom line,

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in broadcasting, it's ratings because ratings equal advertising and advertising

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dollars go up for CBS if the program gets if

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the ratings go up, and they go down. With ratings

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going down, well, Stephen Colbert took over from David Letterman,

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and David Letterman his audience was shrinking, but it was

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much bigger, much much bigger than Stephen Colbert's and Colbert

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I mean, the problem with it is is that it's

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not funny. And he's a comedian, or he was supposed

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to be. I liked Colbert's show on Comedy Central. He

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was a comedian and the role he played was a

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big concernervative commentator. So was that made up? Because now

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they say, yeah, yeah, yeah, that's not him. But when

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he comes over to CBS and he's doing the show

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instead of of making people laugh, it's all about a

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gripe session. It's been a gripe session now for eleven

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years that Colbert has been doing the Late Show on CBS,

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and not only does he have the problem of the

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comedians not doing comedy, but he also has the problem

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of late night is dying.

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Speaker 2: It just is, and.

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Speaker 1: America gets up earlier and goes to bed earlier than

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they used to do generations ago. Johnny Carson, everybody refers

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to him as he was the guy who tucked everybody

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into bed at night because his show came on at

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eleven thirty and I believe it was a one hour show.

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Speaker 2: Well, funny, I can't remember anyway.

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Speaker 1: Eleven thirty and people would have a TV in their

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bedroom and turn on the Tonight Show and watch Johnny

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Carson and drift off sleep. But that isn't what happens anymore.

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In fact, but America watches morning shows and doesn't stay

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up late to watch the late night show. So the

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story on Colbert is that CBS was losing between forty

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and fifty million dollars a year, and.

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Speaker 2: That's too much CBS.

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Speaker 1: I can't believe that they had a budget well north

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of one hundred million dollars. He made somewhere around fifteen million,

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and the rest of it was for all the things

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that the staff and everything else that they need to

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put on a television show, So it's it's been interesting.

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I haven't watched that show. I don't think maybe the

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first show or two when it started.

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Speaker 2: But that was a long time ago.

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Speaker 1: I've never watched it since, but I've seen clips, and

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the clips are all about Donald Trump, and I don't

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know how he became a political show because one of

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the things about Johnny Carson, who was the King of

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Late Night, was nobody ever really knew was he a

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Democrat or was he a Republican? And did he make

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jokes about the sitting president. Yes, he did, but they

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weren't acerbic. They were funny, and he had entertainers on

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his show, and they would entertain you, whether it was

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a musician or whether it was a very rarely a politician,

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very rarely. Usually it was a Hollywood person. So I

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don't know. So anyway, Colebert's going away tonight, and it's

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a mystery because there are no guests listings, and yet

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at the same time they're thinking that possibly there is

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going to be some surprise of some kind.

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Speaker 2: Don't know what it is.

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Speaker 1: But the guy who's going to replace him, I really

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wish him the very best. His name is Byron Allen.

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A lot of you know who he is, but a

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lot of you don't. And Byron Allen is an amazing guy.

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Speaker 2: He has a show.

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Speaker 1: What are they going to call this thing? I think

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it's the yeah, Comics Unleashed. And so at eleven thirty

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five on your local station on CBS, Comics Unleashed will

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come on and it will be a thirty minute show

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and then they'll replay it, so it's two thirty minute

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shows back to back. And then after that at twelve

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thirty five, CBS is going to run another show called

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Funny You Should Ask, which is also produced by Byron Allen. Now,

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this guy has been kind of a sleeper. He's been

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very quiet, but he's been gradually. He started off as

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a comedian and a funny guy, classy guy. Wasn't any

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vulgar comedy involved with this guy. He's a top notch guy.

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And so he has accumulated companies that have taken Byron

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Allen from the shadows to where he's still kind of

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in the shadows. I think this will make him much

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more prominent. But he started or he bought a film distributor,

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Freestyle Releasing. He started the Grio, which the Grio is

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a broadcast directly aimed at African Americans. He bought the

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Weather Channel. He owns an ownership chunk of Sinclair Broadcasting,

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which is one of the largest local television companies in

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the country. They have a number of TV stations. He

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owns a piece of Fox Sports Network. He has a

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number of television stations that he owns. He made a

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bid to buy the Denver Broncos so he's got some money.

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He didn't get it, but he made a bid for it.

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And he also made a bid put up a three

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billion dollar bid for Paramount for Beet Media, and he

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didn't get that either, but he put up a three

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billion dollar deal. So this is a guy his comics

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unleashed with Byron Allen, and he's a I think he's

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a billionaire. I mean he's a he's a tycoon. I'll

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tell you that. So CBS is going to try this.

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Oh and oh and the way it works, CBS is hurting.

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The way Byron Allen worked the deal was that CBS

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doesn't pay anything for his shows. What he gets is

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the airtime and he gets to sell all of the commercials.

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So it's on him to make money by selling the

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commercials in these shows, Comics Unleashed and Funny you should

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Ask and so forth and so on. So he's hoping

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that he will make a lot more money on that

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and it'll more than pay for the production of the show.

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So he's an interesting man. I wish him well. He's

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done well almost everything he's touched. He well, yeah, he

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also bought a controlling stake in BuzzFeed for one hundred

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and twenty million dollars. So he's a very successful entertainer

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who is really a businessman who does entertaining. So Colbert,

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I don't know what's going to happen to him. The

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left on the has embraced him, but obviously not enough people.

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His audience is so small. When I did local television,

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we had bigger, much bigger audiences than Stephen Colbert has

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with a national footprint. So he hasn't succeeded, and it's

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been way pastime for him to go. I know the

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politics are a lot of people focused on that. I'm

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focused on the business side of it. So it will

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be uh, it'll be interesting tonight he goes away and

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Byron Allen starts tomorrow Tomorrow night on CBS. All Right,

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So we've got Colbert, We've got the funding problem that's

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going on with the President. He's pulling his hair out.

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There was supposed to be the Senate was supposed to

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vote for funding. Yeah, remember they still haven't funded they

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they voted to Remember they already funded DHS, but not

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ICE and not the border patrol. Well, the Senate was

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going to have a vote before Memorial Day, which is

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this weekend, and instead President added the one point eight

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billion dollar Weaponization Bill to pay people for the government

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weaponizing against them. And a lot of people are going,

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what's this about. Oh, there's a lot of pushback, lots

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of pushback, including some Republicans. Democrats of course are going crazy,

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But there's a lot of pushback because there are no guardrails.

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Who are you going to pay? And this this was

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Donald Trump settling a lawsuit against the IRS, and the

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IRS said, fine, we will drop the lawsuit. Trump says,

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I'll drop the lawsuit against the IRS if the IRS

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goes to the DOJ and gets a one point eight

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billion dollar weaponization fund to pay people who were wronged

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by the government. But Todd Blanche, the acting Attorney General,

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is supposed to set up a five person committee. The committee,

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we don't know who's going to be on it. Donald

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President Trump can can fire any of those people at

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any time.

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Speaker 2: It's a lot of people are.

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Speaker 1: Pointing in saying, you're you're going to pay off those

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jan six people, aren't you? That's what you're going to do.

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And a lot of Republicans are pushing back and saying

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you better not, especially you better not pay anybody who

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attacked law enforcement. So there's lots of pushback in meantime.

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So because of the fact of the President adding this

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to the pile of things for the Senate to do

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before Memorial Day, the Senate folded their tent this afternoon

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and said we're out, we're going We're going away.

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Speaker 2: And so the House said, oh, the Senate is going away.

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We're going away too.

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Speaker 1: Now, not only the president, it also has problems with

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the ballroom, because remember when he first announced the ballroom,

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it was going to be a two hundred million dollar ballroom,

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and then by sleight of hand, all of a sudden,

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a couple weeks later, it was a four hundred million

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dollar ballroom. And then all of a sudden, the President

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was asking the Senate and the House to fund a

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billion dollars for the ballroom because they're going to build

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some military secret site underneath the ballroom, and therefore they're

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trying to make it into no, no, no, it's not

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about the ballroom. It's about it's a military issue and

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a security issue. And then on top of that, two

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days ago the parliamentarian in Congress said no, you no, no,

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you can't fund the ballroom. That doesn't know, you can't

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do that. And then on top of that, there's the

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reflecting pool, which nobody is giving. The answer keeps changing,

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on the fact that somebody got hired to paint the

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bottom of the reflecting pool blue, and I don't know,

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I've seen it. I thought it looked nice. It was

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a reflecting the Washington Monument on one side and the

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Lincoln Memorial on the other. So all of these personal

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spending wish list that the president is wanting is seems

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like they're facing a lot of blowback. So on the

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weaponization Fund, it's actually one billion, seven hundred and seventy

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six million, get it, seventeen seventy six. Well, because of

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the fact that there doesn't seem to be any guidelines

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or guardrails or whatever you want to call it. Republicans

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are even pushing back in. One of them is Tom Duprie.

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We've talked about Tom dupri many times. He is a

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former federal prosecutor and he is a self proclaimed conservative.

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This is his pushback on the weaponization bill from Todd

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land O Where to begin?

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Speaker 3: So my first point is that on the question you

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asked him about will people convictive assaulting police officers on

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January sixth be eligible for the payment funds? He gave

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a long answer. The right answer was a one word answer, no,

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those people are not eligible. They shouldn't be eligible. And

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I think the Attorney General could give a lot of conservatives,

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myself included comfort if he would put some guardrails in

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this system rather than say the commissioners will decide at

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all in due time. Take a clear position, clear answer.

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If you assault a cop, no money from the fund.

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That's number one. On the point about the settlement, what

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makes this whole thing so unusual. Besides the fact that

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it's the president, it's that the president is on both

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sides of this dispute. The president is both the plaintiff

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and the defendant. So he's suing himself, he's negotiating with himself,

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and he's settling with himself. I think what would give

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a lot of people comfort is if you had some

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independent entity like say or judge look at the terms

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of the settlement and say this is fair, this is

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a reasonable outcome. That's what's missing from this equation is

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that normally, when you the Justice Department settles a case,

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there's typically some involvement of a court system to look

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at it and make sure that it's not an unfair

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sweetheart deal.

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Speaker 4: That's what's missing from this.

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Speaker 2: Yeah, he said it right, it is.

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Speaker 1: It is squirrely, and there's a Yeah, the president is

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the plaintiff, the defendant, and the decider. So Todd Blanche

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who has been told to set this thing up, this

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is what he said about it.

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Speaker 4: Well, if you're just upset, you're not getting a dome

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on the other And I think if you said it

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the American tax paper, pay that there is a horrible

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wrong committed by your government. And now you can apply

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and you can have your lawyer's fees back, you can

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be compensated for what you lost financially. What American would say,

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Oh my gosh, that's terrible. I mean, I don't know,

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I very much disagree with the idea that the American

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taxpayer is indignant about the fact that a victim of weaponization, Okay,

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a victim who suffered, whether it was legal fees, lost

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a job, had their life turned upside down in a

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way that was not appropriate. If it was appropriate, there

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should be no compensation. And that's why we have five commissioners.

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So we'll take a look at it. But I do

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not think the American people have issues with that. To

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the contrary, I think they do want their tax dollars

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spent on things like that.

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Speaker 1: Well, I don't know, that's debatable, but I will tell

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you this, if you have if the government has wronged you,

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there is a process. You hire a lawyer and you

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sue the government and goes to court and a judge

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decides whether the government is liable and if so, then

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there is a fund that the government has to pay

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if you have been wronged by your government. Jay Clayton

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he is the US Attorney for the Southern District of

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New York. He was former Securities and Exchange Commission Commissioner.

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He's on the Morning Show at CNBC this morning and

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Andrew Ross Sorkin, and he went round and around on this.

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Speaker 5: It's not the president, Pretend it's me. Yeah. And let's

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say you thought that I was a tax cheat. Why

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would you I'm not saying that he was a tax cheat.

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I'm just saying, let's say you thought that I owed

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the government money. Wouldn't you want me to pay the money?

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Why would the government not want me to pay pay

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the money?

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Speaker 6: And we have two things going on here. We intentionally

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leak your tax returns to embarrass you in the public.

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Speaker 2: You have a claim against us.

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Speaker 6: There's an audit that we don't know whether there's money

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owed or not owede to resolve that, we say, you

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know what, Andrew, We're going to drop the audit. We're

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going to move on, and you're going to drop your

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claim against us for trying to name and shame you.

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That's a deal I think that you know, is actually

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a pretty good deal for the government. If the government

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intentionally leads somebody's tax returns, that's a horrible thing.

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Speaker 5: Do you think it's any different? I don't just look

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the leaking pieces. I agree with you one hundred percent.

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Only question I have for you that relates to this

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is whether you think being in the position of being

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the president changes that dynamic at all.

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Speaker 2: I do not what he is.

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Speaker 6: The president's supposed to say, you know what, you can

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do whatever you want to me, and I have no recourse,

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and it was done when he was a private citizen.

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I don't think we're going to be time, no, no.

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Speaker 5: I just wonder maybe there should be a way.

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Speaker 2: I don't know if it should be.

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Speaker 5: A third party that makes the decision or something like that.

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Speaker 6: I don't think we're going to be talking about this

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issue in a week, because the American people are going

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to say, look, they leaked his tax returns. They tried

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to name and shame them, they tried to destroy him. Okay,

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we resolve that in terms of the audit that had

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been going on for years with obviously you know, no

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findings to date.

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Speaker 2: That's gone.

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Speaker 6: Let's look forward this as I read the settlement, the

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audit going forward, the tax returns that are filed going

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forward are subject to the same screwing as anybody else

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just in the past. It's in the past, and presidents

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get eye log it out of it every year.

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Speaker 2: All right.

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Speaker 1: So they're talking about the way this all started, and

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the reason why Donald Trump sued the IRS was the

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IRS somebody worked their contractor released his tax returns. That

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is a major sin at the IRS. And if they

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released your tax return and then tried to shame you,

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then you're going to have the government. You're going to

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sue the government and win. And that's what Donald Trump did.

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He sued him about the fact that when he was

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a private citizen, released his tax returns so they could

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shame him. Now, the other part about this is that

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they've agreed not to audit any of his prior tax

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returns as of now. And people are going, oh, my gosh,

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that's crazy. Well, it was a long time ago when

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I worked in the accounting profession and that was not common.

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But I've I've seen it. I've seen it more than

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the number of times that at some point you come

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to an agreement with the IRS and everybody goes, all right,

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let's start fresh. Don't know, you can't go back to

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any of my tax returns in the past. So from

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here on out, my tax returns are subject to audit,

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but not the ones in the past. So it's not

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like something special on what Donald Trump has agreed to.

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What's different is this one point eight billion dollar weaponization

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fund and Congress Republicans. There's a number of them that

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are saying, I don't like it. So I don't know

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if this thing's going to go through or not. But

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the Senate and the House are gone, so this won't

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This will be taken up after Memorial Day. So let's

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get the latest on latest on the war. I hate

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to say latest because it keeps changing, but it is.

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I thought it was interesting. Richard who was the longtime

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president of the Council on Foreign Relations, He's a big lefty,

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he's a big diplomat, and this is why we did

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not do anything about Iran for forty seven years, because

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of people like Richard Hoffes, who go, I don't know

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if we should do anything because I mean, there might

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be there might be some problems.

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Speaker 2: Listen to listen to the guy. Here's what he said.

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Speaker 7: It's pretty clear to me we do not want to

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initiate or resume military activities. Worried about how iron might

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respond to that retaliation could be very expensive for our

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friends in the region or for the world economy.

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Speaker 4: Do you think it's the strategic concerns is driving.

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Speaker 7: That or economic concerns here at homely largely economic, not

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to see at home, but really globally, I think so,

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I think that's a lot to talk about a military force.

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The reality it's not an attractive set of targets.

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Speaker 2: Winds the deal, And you think the administration.

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Speaker 7: Absolutely because right now we're in a situation or drift,

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But sooner or later the price of drift is going

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to go up. So I think, yes, the administration wants

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a deal.

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Speaker 1: See, he's worried about Iran. How they will respond. Of

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course they will respond whatever they've got. They're going to

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throw everything at defending their country and attacking the US

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and Israel.

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Speaker 2: But the other side of this is, if.

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Speaker 1: You don't get that regime out of there, take their

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power away, it's going to be just a matter of

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time before they are going to attack anyway. So Richard

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Haas is the one that sits around like a good

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diplomat and wrings his hands worrying about what will happen

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if they respond. Of course there will be damage, of course,

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there will be surprises. That's called war. So Rebecca Heinrich,

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she's with the Hudson Institute. Let's see what her take

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is on where we are on this stalled out six

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weeks of ceasefire.

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Speaker 8: Well, first of all, I think it's really important. Your

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reporter was talking about the White House pushing back hard

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that they're from that Reuter's report that the son of

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the Supreme Leader. So the images our viewer saw is

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the deceased Supreme Leader, that israelly An America strikes eliminated.

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But now we haven't heard much from the son of

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the Supreme Leader. If he is the one calling the shots,

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then there is no deal to be had because he

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is committed to the Islamic Revolution, and we are no

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closer to a deal than we were before epic fury began.

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So I think that that's really important. Second of all,

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if the Iranians, however, were wanted the United States to

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resume military strikes, I don't really know how they would

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be behaving any differently. I mean, you see them now

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making increased demands. Pointed out how they're now expanding the

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zone that they want to control of the Strait of Hormuse.

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That's a deal breaker for the United States and for

401
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our golf partners in the region. And they're also demanding

402
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that the United States pay reparations and lift sanctions. And

403
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so I think we're no closer to a deal, and

404
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I think President Trump of course, is ready to initiate

405
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military actions. Again, I do think that that's the direction

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that we are headed.

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Speaker 1: Well, I think so too, But the president's dragging his feet.

408
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Maybe it's the art of the deal or the fear

409
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of pulling the trigger. I'm not quite sure which. But

410
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there's another little episode. Don Junior is getting married this Saturday.

411
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I think think in the Bahamas. I'm not sure. In

412
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any case, he's getting married this Saturday, and his father,

413
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the President, is not scheduled to attend.

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Speaker 2: If he was asked.

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Speaker 1: About it, and he said, I don't know, I'm kind

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of busy. So it does make you wonder if the

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wedding's on Saturday, maybe the president and his advisors are

418
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looking for pulling the trigger on Saturday. But meantime, back

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to Rebecca. She's talking about the recent testimony by Admiral Cooper,

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the head of Sencom.

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Speaker 8: Well, look, I mean Admiral Cooper, of course, the head

422
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of Central Command, just gave some very compelling testimony days

423
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ago where he said that the Iranians do not have

424
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an air force anymore, they really don't have a navy.

425
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The United States is much safer now than we were before,

426
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but there is still the ability that the is this

427
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rump regime has to coerce and compel the United States,

428
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and that cannot stand. And so I agree with the

429
00:26:08,680 --> 00:26:10,759
general there who's making the point that this is more

430
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than just about Iran. This is about the entire Middle East.

431
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It's about the United States finishing a job that it started.

432
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Regardless of what anybody thinks about initiating epic theory, here

433
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we are and the Iranians are making increased demands. So

434
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this is I think we're headed again in the direction

435
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of military force. I one last thing President Trump before

436
00:26:29,839 --> 00:26:32,839
Midnight Hammer, just a couple of days before he initiated,

437
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he was saying that he was still committed to diplomacy

438
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if the Iranians would come to the table, and he

439
00:26:38,359 --> 00:26:41,400
was really engaging in a deception campaign. I suspect that

440
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that's what we're in right now, and that there could

441
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be military activity within days.

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Speaker 2: Yep.

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Speaker 1: I think so too, and I kind of hope. So

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I want to get this done. I don't want this

445
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drag on. And meantime, Asset's dragging on the global economy

446
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is getting hammered. So can we hurry this up and

447
00:27:01,480 --> 00:27:05,200
get this over with. I think if we go full force,

448
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this will end sooner than you might want to think.

449
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So she would talk about the general. She would talk

450
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about General Keane, and this is his latest comment about

451
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where we are.

452
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Speaker 9: Well, I don't think that makes any sense. I think

453
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what I've heard is likely transferred to a third party.

454
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And certainly the Iranians want to keep in Richmond for

455
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civilian purposes used quote unquote, you know the three point

456
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sixty seven percent that was in the jcp A Radio

457
00:27:35,319 --> 00:27:38,599
Obama deal. I can't imagine that being acceptable to the

458
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administration because you give them any capability to enrich uranium,

459
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they can expand that into weapons grade uranium at some point,

460
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which obviously is their intent. So there's a lot more

461
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to be seen here in terms of what a good

462
00:27:52,279 --> 00:27:56,240
deal looks like. But my problem with a deal here

463
00:27:56,960 --> 00:28:02,400
is that we leave Aron bruised but intact, and they'll

464
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walk away from here citing and convincing themselves that they

465
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got the United States to back down. And as a

466
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result of that, we extend a lifeline to the regime

467
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for sure for them to do what to recover, and

468
00:28:16,920 --> 00:28:20,319
in the deal, the unfrozen assets are about one hundred billion.

469
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It's likely we're going to take some part of that

470
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and give that to them up front, and also reduce

471
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some of the sanctions, and certainly we're going to monitor

472
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their behavior. But nonetheless, it is a lifeline to the

473
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regime that extends them for years to come. The next

474
00:28:35,160 --> 00:28:37,519
administration is going to wind up having to deal with them.

475
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That's not where we started. Remember, we started to weaken

476
00:28:40,680 --> 00:28:43,680
this regime to devastate and take away their capabilities to

477
00:28:43,680 --> 00:28:46,559
do be a predator in a region, support the proxies

478
00:28:47,200 --> 00:28:51,960
for sure, and obviously not have any nuclear capability whatsoever,

479
00:28:52,519 --> 00:28:56,880
and reduce this ballistic missile program quite substantially. And the

480
00:28:56,960 --> 00:29:00,720
idea was to weaken the regime and military and also

481
00:29:00,799 --> 00:29:04,960
economically that at some point it's on a pathway to collapse,

482
00:29:05,200 --> 00:29:07,119
and we're going to leave that up to the Iranian

483
00:29:07,160 --> 00:29:11,359
people to assist them in doing just that. But if

484
00:29:11,400 --> 00:29:15,839
we cut a deal here, we're giving them unfrozen assets

485
00:29:16,279 --> 00:29:19,519
billions and billions of dollars that enables them to recover

486
00:29:20,200 --> 00:29:24,079
and it extends their lifeline. That's not where I think

487
00:29:24,119 --> 00:29:26,720
where we started on this thing. It seems to me

488
00:29:27,519 --> 00:29:29,680
that we've been trying to get a deal for six

489
00:29:29,720 --> 00:29:33,400
weeks now. The military operation would largely have been over

490
00:29:34,000 --> 00:29:38,240
by now, and certainly some of the pressure that the

491
00:29:38,279 --> 00:29:41,640
administration feels would have been quite removed by that point

492
00:29:42,000 --> 00:29:45,440
in my judgment, And where we are now is we

493
00:29:45,440 --> 00:29:47,839
can't seem to get a deal. I think we need

494
00:29:47,880 --> 00:29:51,240
to go back to where we started from, renew our

495
00:29:51,279 --> 00:29:55,880
commitment to the original goals of the regime, and conduct

496
00:29:55,960 --> 00:29:59,119
this combined operation with the Israelis and the United States.

497
00:29:59,200 --> 00:30:02,799
We're at full mag Maine depth. We have exquisite intelligence

498
00:30:02,839 --> 00:30:05,400
over the last six weeks of what we need to

499
00:30:05,440 --> 00:30:08,160
do and where we need to do it, and the

500
00:30:08,279 --> 00:30:11,200
attacks are going to be quite devastating in terms of

501
00:30:11,279 --> 00:30:14,640
reducing their capabilities for the future. Well, I don't think

502
00:30:14,640 --> 00:30:17,680
the President's going to accept a bad deal. I truly

503
00:30:17,720 --> 00:30:23,440
believe he's the backstop here. So that's number one. Number two, Yes,

504
00:30:24,039 --> 00:30:28,119
their likely is concerning about Iran's ability to retaliate against goil,

505
00:30:28,640 --> 00:30:31,920
oil and golf infrastructure of our allies and partners. They

506
00:30:31,920 --> 00:30:34,400
had plenty of opportunity for five weeks to do that,

507
00:30:34,880 --> 00:30:37,359
and they were not effective at doing that. If we

508
00:30:37,440 --> 00:30:41,559
need to bulk up their defenses. Certainly, we have the

509
00:30:41,559 --> 00:30:45,279
capability to do that. We've done that for Israel. Israel

510
00:30:45,400 --> 00:30:49,119
asked us to assist with their defense, and we have

511
00:30:49,319 --> 00:30:52,880
done that and done that quite effectively. And I'm confident

512
00:30:53,279 --> 00:30:56,400
if that's needed here to assist our allies and partners

513
00:30:56,400 --> 00:30:58,799
to protect their oil and gas infrastructure, we can do it.

514
00:30:58,839 --> 00:31:01,799
The other thing is, let's give some credit to what

515
00:31:01,880 --> 00:31:06,759
the military operation will do in reducing their ability to retaliate.

516
00:31:07,039 --> 00:31:09,920
We're almost looking at this thing as if we don't

517
00:31:09,960 --> 00:31:11,960
lay a glove on them, and they're going to be

518
00:31:11,960 --> 00:31:15,160
able to fire missiles and drones at all of that

519
00:31:15,279 --> 00:31:19,119
capability and destroying and hit desalination plants. Well, we're going

520
00:31:19,160 --> 00:31:21,319
to take a lot of that capability away from them

521
00:31:21,759 --> 00:31:26,000
rather quickly and reduce that effects. And plus, they have

522
00:31:26,119 --> 00:31:27,119
defenses of their own.

523
00:31:27,119 --> 00:31:27,839
Speaker 2: Give you an example.

524
00:31:27,839 --> 00:31:33,200
Speaker 9: The UAE's got nineteen Patriot batteries, nineteen in addition to

525
00:31:33,440 --> 00:31:36,920
iron dome capability that the Israelis gave them. I don't

526
00:31:36,920 --> 00:31:40,480
know exactly what the number is on the Saudia's, but

527
00:31:40,559 --> 00:31:43,039
they have effective defenses. If they need more of it,

528
00:31:43,559 --> 00:31:46,480
I think we can help them do that well.

529
00:31:46,519 --> 00:31:49,880
Speaker 1: As usual, General Kean is very optimistic about being able

530
00:31:49,920 --> 00:31:51,599
to be militarily successful.

531
00:31:51,839 --> 00:31:52,519
Speaker 2: I don't know.

532
00:31:53,359 --> 00:31:56,319
Speaker 1: My caution is, I don't know how you're going to

533
00:31:56,400 --> 00:32:00,640
change the regime with just bombs. Going to have to

534
00:32:00,680 --> 00:32:04,359
put boots on the ground, go in and literally take

535
00:32:04,440 --> 00:32:08,880
these people into custody, arrest them. And that's what we've

536
00:32:08,920 --> 00:32:12,680
done in every successful war that we have conducted. So

537
00:32:13,240 --> 00:32:15,960
we'll see what happens. But the General obviously is chomping

538
00:32:16,039 --> 00:32:20,839
at the bit. The president may have this conflict on

539
00:32:20,960 --> 00:32:26,799
his son's wedding on Saturday, maybe that's today, but well

540
00:32:27,160 --> 00:32:31,920
we'll find out. So in summary, a lot of the

541
00:32:31,960 --> 00:32:37,160
funding the president wants for things like the weaponization fund

542
00:32:37,279 --> 00:32:43,039
and the ballroom and the reflecting pool, and we can go,

543
00:32:43,200 --> 00:32:44,799
I guess, go on and on and on. There's a

544
00:32:44,839 --> 00:32:49,359
lot that he wants. And yet the Senate and the

545
00:32:49,359 --> 00:32:52,839
House are gone. So that that's going to mean, hopefully

546
00:32:52,880 --> 00:32:57,799
you have a peaceful Memorial Day weekend. Wall Street today,

547
00:32:58,319 --> 00:33:03,559
let's talk the number, and once again Wall Street is

548
00:33:05,839 --> 00:33:09,799
the President is almost using a yo yo to boost

549
00:33:09,799 --> 00:33:13,400
the market back up again. The market was underwater this morning,

550
00:33:14,079 --> 00:33:16,119
and then the President came out and said the Iran

551
00:33:16,480 --> 00:33:20,960
war will end very soon, vague, but that's what he's

552
00:33:21,319 --> 00:33:25,400
always said. And as a result, once again, the market

553
00:33:26,160 --> 00:33:30,680
followed in order, went up and finished three hundred points higher,

554
00:33:31,160 --> 00:33:34,319
the Dow at fifty thousand and three to nine, SMP

555
00:33:34,519 --> 00:33:38,920
up thirteen NASDAK up twenty three, the price of gold

556
00:33:39,640 --> 00:33:42,759
up five dollars and twenty cents to four thousand and

557
00:33:43,039 --> 00:33:47,759
five forty, and oil down almost the dollar to ninety

558
00:33:47,799 --> 00:33:50,079
seven dollars and some change for a barrel of oil.

559
00:33:50,200 --> 00:33:53,119
So that's it for today. Thank you for coming by.

560
00:33:54,000 --> 00:33:56,279
We'll be back tomorrow. I hope to see you. Then.

561
00:33:56,480 --> 00:34:00,640
Speaker 2: We'll be back tomorrow. I hope to see you then.

562
00:34:00,880 --> 00:34:01,839
Speaker 4: Time sa

