1 00:00:22,519 --> 00:00:25,960 Speaker 1: And hello, welcome, welcome one and all through the Big 2 00:00:26,000 --> 00:00:31,160 Podcast on this first day of July, Year of Our Lord, 3 00:00:31,239 --> 00:00:35,079 twenty twenty six. My name is Tom Sullivan. Well we 4 00:00:35,159 --> 00:00:38,560 certainly first half of the year went by pretty quick 5 00:00:39,320 --> 00:00:42,359 for me, I hope. I don't know if it did 6 00:00:42,399 --> 00:00:44,679 for you. But here we go second half of the year. 7 00:00:45,799 --> 00:00:50,560 And one of the things about it continues is that 8 00:00:50,799 --> 00:00:57,320 the establishment Democrats are being picked off. Another one last 9 00:00:57,439 --> 00:01:03,560 night by the Democrat Socialist of America. This one is 10 00:01:03,600 --> 00:01:09,959 the case out of Colorado and malt Kiros, twenty nine 11 00:01:10,040 --> 00:01:14,840 year old woman PhD. And she was born and I 12 00:01:14,879 --> 00:01:17,920 believe Egypt and her parents immigrated when she was a baby, 13 00:01:18,920 --> 00:01:24,239 well educated, and yet she has become the young face 14 00:01:24,480 --> 00:01:26,120 of the Democrats socialist, and she. 15 00:01:26,239 --> 00:01:26,680 Speaker 2: Took on. 16 00:01:28,239 --> 00:01:32,680 Speaker 1: A congresswoman to get who has had fifteen terms, thirty 17 00:01:33,000 --> 00:01:38,560 years in Congress, and they picked her off and easily 18 00:01:38,640 --> 00:01:42,719 won my lot. Kiros won easily last night in Colorado. 19 00:01:43,519 --> 00:01:49,840 So Alex Thompson, who is with Axios, does a great 20 00:01:49,920 --> 00:01:54,560 job and he basically outlined what's going on right now 21 00:01:54,599 --> 00:01:55,640 with the Democrats. 22 00:01:55,959 --> 00:01:57,640 Speaker 3: I mean may not see it everywhere, but I would 23 00:01:57,719 --> 00:02:00,000 keep an eye on Michigan with their primary and August 24 00:02:00,079 --> 00:02:02,840 she have abdul lsa ed A, you know, a progressive 25 00:02:03,760 --> 00:02:07,079 insurgent that is very competitive in that Senate primary. I'd 26 00:02:07,079 --> 00:02:08,919 also just want to add that, you know, I think 27 00:02:08,919 --> 00:02:11,719 it's something to just make this about democratic socialism versus 28 00:02:11,759 --> 00:02:15,479 capitalism or progressive versus moderate, but some of this is 29 00:02:15,479 --> 00:02:17,719 also just insider versus outsider. 30 00:02:17,879 --> 00:02:20,120 Speaker 2: It's complacency versus urgency. 31 00:02:20,439 --> 00:02:23,240 Speaker 3: And what you are seeing is a new generation of 32 00:02:23,400 --> 00:02:27,639 democratic politicians, democratic socialists that are just tired with the 33 00:02:27,680 --> 00:02:30,159 status quo and are tired of the democratic establishment, that 34 00:02:30,199 --> 00:02:33,879 are disillusioned with the democratic establishment that let Donald Trump 35 00:02:34,159 --> 00:02:35,719 come back to a second term. 36 00:02:36,080 --> 00:02:36,879 Speaker 2: And you know, a. 37 00:02:36,840 --> 00:02:40,240 Speaker 3: Lot of this you blowback is because Donald Trump won 38 00:02:40,280 --> 00:02:42,840 a second term. That, in the eyes of some voters, 39 00:02:43,280 --> 00:02:47,199 is what has discredited and you know, led to this insurgency. 40 00:02:48,680 --> 00:02:52,840 Speaker 1: So the excuse is Donald Trump won and we're mad 41 00:02:52,879 --> 00:02:55,319 about it and we're going to do something about it. 42 00:02:55,400 --> 00:03:00,120 And they keep blaming the Democrats that are office holders 43 00:03:00,360 --> 00:03:05,240 for not fighting better against Donald Trump. But I mean, 44 00:03:05,319 --> 00:03:08,560 I'm not I'm not sticking up for the Democrats, but 45 00:03:08,639 --> 00:03:11,800 I mean, give them a break if they don't have 46 00:03:12,400 --> 00:03:15,840 a majority in the House or the Senate, and they 47 00:03:15,879 --> 00:03:19,319 don't hold the White House. The Republicans do. So as 48 00:03:19,360 --> 00:03:21,680 much as you may feel sympathy for you may be 49 00:03:21,800 --> 00:03:26,520 a lifelong Democrat, there's nothing they could have done. They 50 00:03:26,560 --> 00:03:31,240 are outnumbered, as simply math. There's more Republicans in the 51 00:03:31,280 --> 00:03:34,960 House and the Senate than there are Democrats. But they're 52 00:03:34,960 --> 00:03:40,719 blaming the Democrats for not doing something against Donald Trump. 53 00:03:41,240 --> 00:03:41,680 Speaker 2: Absolutely. 54 00:03:41,680 --> 00:03:44,919 Speaker 3: You know, as midterms get closer and Republicans are more 55 00:03:44,919 --> 00:03:47,800 and more scared of a potential blue wave or losing 56 00:03:47,840 --> 00:03:50,280 their seats, you know, they're going to start looking at 57 00:03:50,520 --> 00:03:52,039 you know, looking after number one. 58 00:03:52,120 --> 00:03:54,639 Speaker 2: They're not going to necessarily vote as a block. 59 00:03:54,680 --> 00:03:57,280 Speaker 3: They're not going to take tough votes anymore if they 60 00:03:57,319 --> 00:03:59,360 think that they're going to get hurt. And Donald Trump 61 00:03:59,360 --> 00:04:02,680 hasn't helped them because Donald Trump has not been on message. 62 00:04:02,759 --> 00:04:03,520 Speaker 2: He has not been. 63 00:04:03,400 --> 00:04:05,840 Speaker 3: Talking about affordability and the way a lot of Republican 64 00:04:05,919 --> 00:04:09,080 leaders would like. He seems to not be as interested 65 00:04:09,159 --> 00:04:12,039 in domestic political matters as he is international ones, and 66 00:04:12,080 --> 00:04:14,319 that has really frustrated a lot of Republicans. 67 00:04:13,840 --> 00:04:16,399 Speaker 2: Who now aren't willing to just go along on the 68 00:04:16,399 --> 00:04:17,040 party line. 69 00:04:18,040 --> 00:04:20,839 Speaker 1: I predicted that months ago, I said, wait, wait till 70 00:04:20,839 --> 00:04:24,319 the primaries are over, and then the Republicans will stand 71 00:04:24,399 --> 00:04:27,560 up and stand up for whatever they believe in, whether 72 00:04:27,600 --> 00:04:31,639 it's in agreement with the president or not. But meantime, 73 00:04:32,160 --> 00:04:36,319 if you're a Republican, Donald Trump has so much influence 74 00:04:36,920 --> 00:04:40,160 other with the Republican voters that you either win along 75 00:04:40,160 --> 00:04:42,319 with him or you're going to lose your seat. And 76 00:04:42,399 --> 00:04:46,839 a number of them have. So it really does come 77 00:04:46,920 --> 00:04:49,560 down to I know that the Democrats don't like it, 78 00:04:49,680 --> 00:04:53,079 a lot of Republicans don't either, but the president is 79 00:04:53,120 --> 00:04:58,240 probably the most powerful president when it comes to Washington 80 00:04:58,240 --> 00:05:01,439 politics that we've had in a long long time. Or 81 00:05:01,480 --> 00:05:04,560 as he says, that you'll ever see the way he 82 00:05:04,639 --> 00:05:07,639 expresses things. But listen to this, and again, I think 83 00:05:07,680 --> 00:05:10,360 Alex Thompson is a great reporter. He really gets has 84 00:05:10,399 --> 00:05:14,759 some good sources. But he found out that Kamala Harris 85 00:05:15,680 --> 00:05:18,639 is she's sticking more than one little toe in the 86 00:05:18,680 --> 00:05:22,720 water to run for president again in twenty twenty eight. 87 00:05:23,439 --> 00:05:29,680 She's been in touch with Mayor ma'am Donnie. Yes, she's thinking, Hey, 88 00:05:29,800 --> 00:05:34,199 the Democrat Socialist are on the winning side here. Let 89 00:05:34,199 --> 00:05:36,079 me see if I can buddy up with him, listen 90 00:05:36,079 --> 00:05:36,800 to what he says. 91 00:05:37,319 --> 00:05:39,800 Speaker 3: It's the latest sign that she is taking steps toward 92 00:05:39,959 --> 00:05:43,000 another presidential run, this time in twenty twenty eight. It's 93 00:05:43,040 --> 00:05:45,199 also a sign of what we were talking about before, 94 00:05:45,279 --> 00:05:50,399 of the rising influence of this generation of democratic socialists progressives. 95 00:05:50,920 --> 00:05:53,800 What Kamala Harris did is she called Ramandani last Thursday. 96 00:05:53,879 --> 00:05:56,639 They'd been having a texting relationship. I've been told the 97 00:05:56,680 --> 00:05:59,000 last few months. They talked about the future of the 98 00:05:59,000 --> 00:06:02,160 party and they toked about having a much longer meeting 99 00:06:02,319 --> 00:06:03,360 in the near future. 100 00:06:03,600 --> 00:06:05,720 Speaker 2: And also say that she has been meeting with a. 101 00:06:05,680 --> 00:06:08,120 Speaker 3: Lot of the leaders of what was called the Uncommitted 102 00:06:08,160 --> 00:06:11,079 Movement or these propal signed activists in twenty twenty four 103 00:06:11,399 --> 00:06:14,879 that were disappointed, in some cases furious with the Biden 104 00:06:14,879 --> 00:06:18,879 adminstrations reflectively pro Israel's stance during the Gauz of War. 105 00:06:19,279 --> 00:06:21,720 Speaker 2: I'm ultimately declined to endorse in. 106 00:06:21,680 --> 00:06:24,959 Speaker 3: The twenty twenty four primary, didn't endorse Trump, and you 107 00:06:25,120 --> 00:06:27,680 rejected Trump. But you know, I think a lot of 108 00:06:27,720 --> 00:06:30,519 the people of those movement were disillusiing with Kamala Harris too, 109 00:06:30,560 --> 00:06:34,000 So she has been privately meeting with several leaders of 110 00:06:34,040 --> 00:06:37,879 that movement to hear them out, to potentially repair ties 111 00:06:38,800 --> 00:06:41,480 and to try to find a path forward. 112 00:06:42,240 --> 00:06:42,800 Speaker 4: Well she does. 113 00:06:44,079 --> 00:06:49,319 Speaker 1: This doesn't surprise me. She doesn't have any vision, she 114 00:06:49,439 --> 00:06:53,759 doesn't have a belief system. She just goes with whichever 115 00:06:53,800 --> 00:06:56,519 way the wind is blowing. And so she is now 116 00:06:56,560 --> 00:06:59,800 going to try to link herself up with the Democrat socialists, 117 00:06:59,800 --> 00:07:01,600 going on me too, look at me, I'm one of you, 118 00:07:01,800 --> 00:07:04,519 so vote for me. She thinks that will get her 119 00:07:05,959 --> 00:07:10,519 a successful presidential run. I highly doubt it. The President 120 00:07:10,600 --> 00:07:14,399 was asked about it, about all these Democrats socialist winning. 121 00:07:15,439 --> 00:07:19,000 The list is getting quite long. There are twenty seven 122 00:07:19,360 --> 00:07:24,680 far left Democrats that have won their primaries this year, 123 00:07:25,040 --> 00:07:28,879 twenty seven. And so that's why Kamala Harris is doing 124 00:07:28,879 --> 00:07:32,360 what she's doing. But the President and JD. Vance both 125 00:07:32,399 --> 00:07:34,240 weighed in on what they're seeing. 126 00:07:34,160 --> 00:07:37,399 Speaker 4: Speaks to thak from that to a nation actually, because 127 00:07:37,399 --> 00:07:40,680 it's not socialism, it's really communism. They use it a 128 00:07:40,759 --> 00:07:44,519 social democrat because it sounds so nice, but it's really 129 00:07:44,560 --> 00:07:46,120 communism you're talking about. 130 00:07:46,279 --> 00:07:48,839 Speaker 5: This is not working class union democrats. 131 00:07:48,879 --> 00:07:51,439 Speaker 6: This is not socially conservative people who just want to 132 00:07:51,439 --> 00:07:55,279 fair shake at life. This is fundamentally a view that 133 00:07:55,319 --> 00:07:58,279 the United States is an evil country that must be 134 00:07:58,319 --> 00:08:01,000 dismantled from the ground and built back up. 135 00:08:01,360 --> 00:08:03,040 Speaker 5: That's communism at its core. 136 00:08:03,360 --> 00:08:06,240 Speaker 1: Communism its corps is the state owns everything, there's no 137 00:08:06,319 --> 00:08:13,040 private ownership. So it really does fit under Democrats socialist terminology. 138 00:08:13,639 --> 00:08:16,480 But it's a kissing cousin, a very close kissing cousin too. 139 00:08:16,839 --> 00:08:19,639 To communism, there's no doubt about all of that. Well, 140 00:08:19,680 --> 00:08:21,920 before we move on to the next topic, I just 141 00:08:21,959 --> 00:08:22,839 got to play this for you. 142 00:08:22,920 --> 00:08:23,399 Speaker 5: This. 143 00:08:23,399 --> 00:08:24,120 Speaker 4: This is. 144 00:08:25,639 --> 00:08:28,879 Speaker 1: The acceptance speech for winning the primary in Denver. Yes, 145 00:08:29,160 --> 00:08:34,240 last night a lot heiros the Democrat socialist and just 146 00:08:34,799 --> 00:08:39,519 I'm sorry. This is how she sounds when she's giving 147 00:08:39,519 --> 00:08:39,960 a speech. 148 00:08:41,639 --> 00:08:45,639 Speaker 4: Of all ages, of all laces, of all religions, sens 149 00:08:45,720 --> 00:08:52,200 a Creo message. We will not right, we well not 150 00:08:52,559 --> 00:09:00,639 right to take the fight. This is a mooning. 151 00:09:02,159 --> 00:09:06,080 Speaker 1: Yeah, that was her. I don't know, maybe she hasn't 152 00:09:06,080 --> 00:09:10,039 taken need some lessons on not screaming when she's giving 153 00:09:10,080 --> 00:09:13,600 a speech, but that was her and hopefully we'll find 154 00:09:13,639 --> 00:09:16,919 out if she's successful in November. She probably will be. 155 00:09:16,960 --> 00:09:20,399 It's a big Democrat district, so stand by for more 156 00:09:20,480 --> 00:09:27,200 shouting from this new mellot Heiros a little reaction to 157 00:09:27,399 --> 00:09:30,440 yesterday's Supreme Court rulings are done for the year, so 158 00:09:30,600 --> 00:09:33,159 they're off to the beach and along with a lot 159 00:09:33,279 --> 00:09:35,720 of other people hot here in the eastern part of 160 00:09:35,759 --> 00:09:40,399 the country. So reaction coming in specifically about the Court 161 00:09:40,480 --> 00:09:45,519 saying no to the president about birthright citizenship, that the 162 00:09:45,559 --> 00:09:48,279 fourteenth Amendment is exactly what it says, that if you're 163 00:09:48,279 --> 00:09:50,720 born in the United States, you are a US citizen. 164 00:09:52,039 --> 00:09:56,240 Jim Trusty, former federal prosecutor, reacted to some of the 165 00:09:56,279 --> 00:10:00,440 news that even though the court said that if you're 166 00:10:00,480 --> 00:10:02,159 born in the US, you're going to be a citizen, 167 00:10:02,960 --> 00:10:09,840 there's a question about fraud involving these birth tourism companies 168 00:10:10,200 --> 00:10:13,879 from all over the world, primarily China and Russia, that 169 00:10:14,159 --> 00:10:17,360 charge their citizens lots of money pregnant women to come 170 00:10:17,399 --> 00:10:20,759 to the US have a baby, and they they'll put 171 00:10:20,799 --> 00:10:23,240 them up, they'll align them with doctors, they'll figure out 172 00:10:23,240 --> 00:10:25,840 the hospital to put them in. It's a big business, 173 00:10:26,360 --> 00:10:30,000 I mean, so the question becomes, well, how big is 174 00:10:30,039 --> 00:10:36,720 this problem? Well, last year, nine percent of babies born 175 00:10:36,799 --> 00:10:41,279 in the US were born to non citizens. Nine percent 176 00:10:42,120 --> 00:10:45,480 that's a lot. Here's Jim Trustee. 177 00:10:45,759 --> 00:10:48,279 Speaker 7: Yeah, if they're aggressive enough at DOJ, they might be 178 00:10:48,320 --> 00:10:52,399 able to build together some cases that involve the tourism industry, 179 00:10:52,480 --> 00:10:55,840 not just the individual mothers as being aiders and the vetters, 180 00:10:55,879 --> 00:10:57,919 to visa fraud and things like that. Look, it's going 181 00:10:57,960 --> 00:10:59,960 to take a little bit of creativity, but I don't 182 00:11:00,039 --> 00:11:02,559 think it's impossible. I think you look at the visa process, 183 00:11:02,639 --> 00:11:05,600 you look at statutes that will kind of narrow the 184 00:11:05,639 --> 00:11:08,600 types of folks that are allowed to be eligible, and 185 00:11:08,639 --> 00:11:11,960 then you go hard for both the mothers that come 186 00:11:12,000 --> 00:11:13,919 in and anybody that's aiding and a betting him. The 187 00:11:13,919 --> 00:11:17,039 problem is on these international cases it's very hard to 188 00:11:17,080 --> 00:11:20,000 get cooperation from the host country when it's China. So 189 00:11:20,000 --> 00:11:21,360 you're not going to be able to get kind of 190 00:11:21,360 --> 00:11:23,879 the record keeping, the financial things and all the records 191 00:11:23,879 --> 00:11:26,120 you want in a normal international case. 192 00:11:26,200 --> 00:11:27,840 Speaker 5: But there's room to work here. 193 00:11:27,879 --> 00:11:31,279 Speaker 7: And then again, importantly, it's not just the individual prosecutions, 194 00:11:31,279 --> 00:11:32,840 but deterrence over the long run. 195 00:11:33,120 --> 00:11:37,639 Speaker 1: So the governor of Illinois who is checking the water 196 00:11:37,759 --> 00:11:39,960 to see if he wants to run for president, he 197 00:11:40,039 --> 00:11:42,080 wants to run, he's just checking to see whether he 198 00:11:42,120 --> 00:11:47,840 has a chance, Jbi Pritzker, And obviously he thinks having 199 00:11:48,120 --> 00:11:52,559 these birth tourism operations and people coming into this country 200 00:11:52,840 --> 00:11:55,240 and be paid to have their babies here for the 201 00:11:55,240 --> 00:12:00,279 purpose of getting that citizenship. Pritzker, Well, I'll let him 202 00:12:00,279 --> 00:12:01,080 talk for himself. 203 00:12:01,200 --> 00:12:03,720 Speaker 8: They want to try to do it, they're going to 204 00:12:03,720 --> 00:12:06,480 have to pass a constitutional amendment to make that possible. 205 00:12:06,519 --> 00:12:07,759 Speaker 5: I just don't see that happening. 206 00:12:07,759 --> 00:12:11,720 Speaker 8: Going into the wind has absolutely no effect, and the 207 00:12:11,759 --> 00:12:14,240 reality is that it's very unpopular. So if they go 208 00:12:14,320 --> 00:12:17,159 after it, I think it's a good political sign for 209 00:12:17,279 --> 00:12:18,720 Democrats of things to come. 210 00:12:19,120 --> 00:12:25,039 Speaker 1: All right, So he thinks that politically it will win. 211 00:12:25,960 --> 00:12:29,039 If for some reason the government tries to stop these 212 00:12:29,080 --> 00:12:34,879 birth tourism companies, we'll see. Well, there was quite a 213 00:12:34,960 --> 00:12:37,519 hub up today because of the fact that the twenty 214 00:12:37,639 --> 00:12:44,200 twenty five government filings about income for political officeholders was 215 00:12:44,279 --> 00:12:48,480 revealed and the president made more than a billion dollars. 216 00:12:48,480 --> 00:12:51,480 Some reports are saying maybe more than two billion dollars 217 00:12:51,559 --> 00:12:56,399 last year. Five hundred and twenty six million of it 218 00:12:56,480 --> 00:13:01,000 came from crypto, his crypto business, which he and his 219 00:13:01,240 --> 00:13:05,159 boys have made a ton of money. But the investors 220 00:13:05,200 --> 00:13:07,879 in his crypto business have pretty much lost everything that 221 00:13:07,919 --> 00:13:11,399 they put in, So what about this? 222 00:13:11,519 --> 00:13:12,720 Speaker 4: He was asked. 223 00:13:12,399 --> 00:13:17,360 Speaker 1: Today at Andrews Joint Base. They were ready to take 224 00:13:17,399 --> 00:13:22,200 off for South Dakota. He went to the Teddy Roosevelt 225 00:13:22,480 --> 00:13:25,879 Presidential Library. He cut the ribbon to open that today, 226 00:13:26,159 --> 00:13:28,320 but before he left, he covered a lot on the 227 00:13:28,320 --> 00:13:32,080 apron of the airport. They started off about Air Force one. 228 00:13:32,159 --> 00:13:36,879 He has the guitar airplane that was a gift from 229 00:13:37,200 --> 00:13:40,879 the emir four hundred million dollar gift. They've spent four 230 00:13:40,960 --> 00:13:45,440 hundred million more to get it security wise good enough 231 00:13:45,480 --> 00:13:48,320 for the President to fly on. He had it repainted 232 00:13:48,360 --> 00:13:51,240 in red, white and blue, which I don't like, but 233 00:13:51,440 --> 00:13:55,120 he does, and so we'll see what happens in the future. 234 00:13:55,159 --> 00:14:00,080 This is a temporary fix until Boeing completes the construction 235 00:14:00,200 --> 00:14:03,919 of two new Air Force ones, which will be two 236 00:14:04,000 --> 00:14:07,000 years down the road. But he was asked about the plane, 237 00:14:07,000 --> 00:14:09,919 and he was bragging him happy. He loves the plane 238 00:14:09,960 --> 00:14:14,240 because it was built as a luxury private jet originally. 239 00:14:14,320 --> 00:14:19,919 So it is appointments are pretty darn upscale, let me 240 00:14:19,919 --> 00:14:23,320 put it that way. He was asked about oil prices, 241 00:14:23,399 --> 00:14:27,879 gas prices, about his investments, that are in a blind trust. 242 00:14:28,639 --> 00:14:32,000 So he talked about built POLTI so let me play 243 00:14:32,159 --> 00:14:36,080 a little bit of what he said on the apron 244 00:14:36,240 --> 00:14:37,879 of Andrews Air Force Base. 245 00:14:38,320 --> 00:14:40,639 Speaker 4: I said, Devoeing, what's the best one? He said, this 246 00:14:40,720 --> 00:14:43,399 is the best plane ever filt and you're gonna have 247 00:14:43,480 --> 00:14:45,919 the privilege of flying it, and I have a privilege 248 00:14:45,960 --> 00:14:49,240 also flying it. But this is the first flight. We're 249 00:14:49,279 --> 00:14:55,080 going to the Teddy Roosevelt Presidential Library opening and that'll 250 00:14:55,159 --> 00:14:58,320 be very good. That'll be a lot of fun. But 251 00:14:58,559 --> 00:15:01,360 I think, you know, to be honest with you, I'm 252 00:15:01,399 --> 00:15:05,360 excited about the first way. It's something nobody's ever seen 253 00:15:05,399 --> 00:15:08,720 anything like him. Even you people with all your experience 254 00:15:08,840 --> 00:15:11,639 and all of your talent, if you will never see 255 00:15:11,639 --> 00:15:15,639 anything like this. So they just completed it. They made 256 00:15:15,679 --> 00:15:20,519 it appropriate for a president. That means the security and 257 00:15:20,559 --> 00:15:23,360 all of the different bells and whistles they've put on 258 00:15:23,519 --> 00:15:27,559 very complex, but it's really quite something. And this is 259 00:15:27,559 --> 00:15:30,080 a plane that the United States of America should have. 260 00:15:30,120 --> 00:15:34,240 Our air Force one was thirty five thirty six years old, 261 00:15:35,240 --> 00:15:38,519 and it would be parked next to the new ones 262 00:15:38,600 --> 00:15:42,559 like this, and it really didn't look appropriate for our country. 263 00:15:43,240 --> 00:15:46,200 So we're very proud of this. The country is very 264 00:15:46,240 --> 00:15:48,879 proud of it. And you can do two things. You 265 00:15:48,879 --> 00:15:51,840 can low key it or you can show it. And 266 00:15:51,919 --> 00:15:53,919 I think the country should be very proud of it. 267 00:15:54,159 --> 00:15:57,120 And it's beautiful. And you'll see that in a little 268 00:15:57,159 --> 00:16:01,759 while when you board as far ass are going. The 269 00:16:01,840 --> 00:16:07,080 de new nuclearization of Iran is moving along well. They've 270 00:16:07,120 --> 00:16:09,879 had very good meetings and we'll see. We hit them 271 00:16:10,000 --> 00:16:13,120 very hard for three nights, as you know, but we're 272 00:16:13,159 --> 00:16:16,960 getting along very well. So I call it the denuclearization, 273 00:16:18,080 --> 00:16:22,320 and it's all taking place. It's all going well. The 274 00:16:22,399 --> 00:16:26,440 sock market is setting records virtually every day. The oil 275 00:16:26,480 --> 00:16:28,759 price is way down. We're down at sixty eight. I 276 00:16:28,759 --> 00:16:32,080 see it hit sixty eight today. That's lower than when 277 00:16:32,200 --> 00:16:36,120 I started the UH. I guess you could call it 278 00:16:36,120 --> 00:16:38,200 an attack on Iran so that they never have a 279 00:16:38,279 --> 00:16:41,759 nuclear weapon. So the oil price is now lower. The 280 00:16:41,799 --> 00:16:45,799 retail prices the gasoline is coming down rapidly, and if 281 00:16:45,799 --> 00:16:47,120 you have any questions, let's go. 282 00:16:47,440 --> 00:16:49,559 Speaker 1: Yeah, so we take a bunch of questions and we'll 283 00:16:49,559 --> 00:16:52,080 play some of that for you as well. And that 284 00:16:52,200 --> 00:16:56,600 is so much a comment. The President's comment about the 285 00:16:56,600 --> 00:16:59,399 plane and how it looks on when it's park next 286 00:16:59,440 --> 00:17:04,000 to other plane. Every pilot that I know has a 287 00:17:04,039 --> 00:17:07,720 thing about this about how your plane looks versus the 288 00:17:07,759 --> 00:17:10,599 others that you're part next to at the airport. Is 289 00:17:10,640 --> 00:17:13,599 it bigger, is it shini or is it newer? All 290 00:17:13,640 --> 00:17:15,640 that sort of stuff. I kind of had to laugh. 291 00:17:16,240 --> 00:17:20,319 As far as gas prices go, yeah, West Texas Intermediate. 292 00:17:20,359 --> 00:17:23,880 The day before the war started with Iran, it was 293 00:17:23,920 --> 00:17:27,319 at sixty nine dollars. It had been down to sixty 294 00:17:27,400 --> 00:17:30,359 but it was at sixty nine the day before because 295 00:17:30,559 --> 00:17:32,759 people were worried that there was going to be a 296 00:17:32,799 --> 00:17:35,480 war breaking out. But he's right, So today it went 297 00:17:35,519 --> 00:17:39,079 down into sixty eight, so it's technically a little bit 298 00:17:39,160 --> 00:17:42,200 below that. But then they got started questioning him about 299 00:17:42,599 --> 00:17:46,920 all the money that he is making, and he refers 300 00:17:47,039 --> 00:17:51,720 to reporters and your four toh one k you'll hear 301 00:17:51,839 --> 00:17:58,960 him say, it's up eighty five percent. No, no, there 302 00:17:59,079 --> 00:18:01,359 might be a couple of stocks that are up eighty 303 00:18:01,400 --> 00:18:05,519 five percent. But that the second quarter of the year, 304 00:18:05,559 --> 00:18:09,559 the Dow was up thirteen percent, the SMP was up 305 00:18:09,599 --> 00:18:13,680 fourteen percent, the Nasdaq was up nineteen percent. So that 306 00:18:13,839 --> 00:18:16,119 was Donald Trump. He just gooses all the numbers to 307 00:18:16,119 --> 00:18:19,039 make him sound even better. But the market did very well, 308 00:18:19,319 --> 00:18:22,759 but not eighty five percent. Here's here's the reporters asking 309 00:18:22,880 --> 00:18:26,000 him questions about all of his investment. 310 00:18:25,559 --> 00:18:26,759 Speaker 2: Money create the plane. 311 00:18:27,160 --> 00:18:30,400 Speaker 4: It was very little relative to what it would cost it. 312 00:18:30,440 --> 00:18:32,839 We did it in a different way. So this was 313 00:18:32,920 --> 00:18:36,319 a gift from a country that's treated us very well. 314 00:18:37,000 --> 00:18:39,319 And there were an ally of us over in the 315 00:18:39,359 --> 00:18:43,039 Middle East guitar and I went to Boeing, I said, 316 00:18:43,039 --> 00:18:46,359 who has the best one? They said, guitar there. Nope, 317 00:18:46,359 --> 00:18:48,960 there's never been a plane like it. Frankly, we couldn't 318 00:18:48,960 --> 00:18:51,880 build a plane like this because we wouldn't be willing 319 00:18:51,920 --> 00:18:55,160 to spend a kind of money necessary. They spent top dollars. 320 00:18:55,200 --> 00:18:57,839 So the head of Boeing said, this is considered the 321 00:18:57,839 --> 00:19:00,920 best seven forty seven they've ever built. And I went 322 00:19:00,960 --> 00:19:03,640 to Quitar, I said, I'd like to use it for 323 00:19:03,720 --> 00:19:05,880 a period of time because the other ones, as you know, 324 00:19:05,920 --> 00:19:09,480 are under construction. They'll be here in two years. And 325 00:19:09,720 --> 00:19:12,759 because you know, the plane is thirty five years old. 326 00:19:13,319 --> 00:19:16,359 So I said, I'd like to use it. And the 327 00:19:16,480 --> 00:19:20,599 Emir to me, who's a great gentleman. He said, no, no, 328 00:19:20,680 --> 00:19:24,079 I'd like to make a contribution to the country. So, uh, 329 00:19:24,799 --> 00:19:26,920 it was very nice and we're able to do it 330 00:19:26,960 --> 00:19:29,240 in about five months, you know, bring it up to 331 00:19:29,279 --> 00:19:35,039 the presidential standard meeting security wise, and uh, you need 332 00:19:35,119 --> 00:19:36,599 to get it. You're gonna get a kick out of him. 333 00:19:36,599 --> 00:19:37,920 There's just nothing like you and. 334 00:19:37,799 --> 00:19:40,640 Speaker 9: Mister president, you're miinanteled the sloganer so it spread a 335 00:19:40,640 --> 00:19:43,400 fairy rid of your last Europe and that's what they 336 00:19:43,440 --> 00:19:46,359 said the average America especially, Well, I. 337 00:19:46,200 --> 00:19:49,599 Speaker 4: You know, I don't get involved in my first We 338 00:19:49,680 --> 00:19:54,000 have funds that run my money. Well, I've made a 339 00:19:54,000 --> 00:19:57,200 lot of money before I became president, and they invest 340 00:19:57,279 --> 00:19:59,119 my money and I don't talk to them. I never, 341 00:19:59,240 --> 00:20:01,559 I don't even speak to them. So I have many 342 00:20:01,599 --> 00:20:03,599 people I don't know what they call it closed accounts 343 00:20:03,680 --> 00:20:06,160 or something you put your money in. And that said, 344 00:20:06,200 --> 00:20:09,720 I don't talk to them. They're big institutions and they 345 00:20:09,799 --> 00:20:12,640 run it. But yeah, I've had a great career in business. 346 00:20:12,680 --> 00:20:15,960 I've had a great career. I don't know if I've 347 00:20:15,960 --> 00:20:18,559 had a better career in politics or business, but I 348 00:20:18,559 --> 00:20:22,039 had a great career in business. And you know, you 349 00:20:22,079 --> 00:20:25,240 saw the cash and you report the different things. And 350 00:20:25,640 --> 00:20:27,680 what they do is we gave it. I think it's 351 00:20:27,680 --> 00:20:30,440 called the blind account, but they basically they take it 352 00:20:30,720 --> 00:20:32,759 and I purposely I never speak to any of the 353 00:20:32,799 --> 00:20:35,640 people that run the money, but there are big institutions 354 00:20:35,720 --> 00:20:42,200 and they invest in whatever they invest good money. Well, 355 00:20:42,319 --> 00:20:44,720 you know why I'm profiting because the sock market's going up. 356 00:20:44,720 --> 00:20:47,440 Everybody's profiting. If you have a four to oh one K, 357 00:20:48,680 --> 00:20:51,160 how's your four oh one J done? It's about up 358 00:20:51,200 --> 00:20:55,599 eighty five percent, thank you, President Trump. So we're all profiting. 359 00:20:55,640 --> 00:20:58,400 I'm profiting because I have a lot of money and 360 00:20:58,440 --> 00:21:01,400 a lot of cash, and we I give it to institutions. 361 00:21:01,440 --> 00:21:03,039 I don't know if they know what they're doing or not, 362 00:21:03,200 --> 00:21:10,759 but they buy a vast array of things. Secretary Hegsas 363 00:21:10,759 --> 00:21:13,279 and General Kin about potentially returning to an all out 364 00:21:13,279 --> 00:21:15,799 war with Iran. Does this mean you've been unhappy with 365 00:21:16,200 --> 00:21:20,240 Iran's adherence to the MoU Well, I think they've come 366 00:21:20,279 --> 00:21:22,359 a long way. We hit them very hard last week. 367 00:21:23,440 --> 00:21:25,480 I think they're fine. I think we're going to it's 368 00:21:26,039 --> 00:21:31,000 the de nuclearization of Irans very similar, and Iran cannot 369 00:21:31,000 --> 00:21:33,279 have a nuclear weapon otherwise all of this stuff that 370 00:21:33,279 --> 00:21:35,160 we look at, all of these things that we do. 371 00:21:35,759 --> 00:21:39,039 The country's never had activity like it scott right now. 372 00:21:39,319 --> 00:21:42,720 So we're building more factories, in car plants and other things. 373 00:21:42,920 --> 00:21:45,599 We went for years without ever building one car plant. 374 00:21:45,720 --> 00:21:49,480 Now we're building many car plants. We're building ai we're building, 375 00:21:49,880 --> 00:21:53,039 we're building all over the country. Nineteen point one trillion 376 00:21:53,079 --> 00:21:57,519 dollars being addressed. The record was like two and we've 377 00:21:57,519 --> 00:22:00,160 got nineteen point one and it's going to continue. And 378 00:22:00,160 --> 00:22:03,599 when those buildings open, you're going to see something like 379 00:22:03,680 --> 00:22:06,400 the country has never seen before. That's why the sock 380 00:22:06,480 --> 00:22:08,519 market's going up every day. That's why you're four to 381 00:22:08,559 --> 00:22:12,119 oh one k because everybody benefits when the stock market 382 00:22:12,119 --> 00:22:16,759 goes up, everybody benefits. More jobs, more everything, and we're 383 00:22:16,759 --> 00:22:20,279 creating more jobs. We have more people working today than 384 00:22:20,319 --> 00:22:22,720 have ever worked in the history of arfauntment. That's great, 385 00:22:22,880 --> 00:22:26,039 and that's before these places open. They'll be opening up 386 00:22:26,079 --> 00:22:29,240 over the next year. And we have them coming into Taiwan. 387 00:22:29,359 --> 00:22:34,039 We have from Taiwan. We have more chipmakers and the biggest, 388 00:22:34,240 --> 00:22:36,960 the biggest company of the world actually the chip baker, 389 00:22:37,440 --> 00:22:40,240 but they're coming in, they're building in Arizona, and they 390 00:22:40,359 --> 00:22:42,839 just announced they're going to double the size. We could 391 00:22:42,880 --> 00:22:45,279 have fifty percent of the chip market by the time 392 00:22:45,319 --> 00:22:47,440 I leave office. Do you know what we had now? 393 00:22:47,799 --> 00:22:48,200 Speaker 2: Nothing? 394 00:22:49,160 --> 00:22:52,640 Speaker 4: And then I got as a gift, another gift. I 395 00:22:52,720 --> 00:22:56,240 said to Intel, give the United States of It. They 396 00:22:56,240 --> 00:23:00,000 needed something, they needed some help. The chip baker said, 397 00:23:00,160 --> 00:23:03,000 give the United States of America. I'll do it for you, 398 00:23:03,400 --> 00:23:05,960 but give the United States of America ten percent of 399 00:23:06,000 --> 00:23:09,920 your company. He said, you have a deal. He said 400 00:23:09,920 --> 00:23:11,920 it so fast. I said, I should have asked for more, 401 00:23:12,279 --> 00:23:15,440 but he said, you have a deal. And that stake 402 00:23:16,359 --> 00:23:21,039 is now worth eighty billion dollars. I made eighty billion 403 00:23:21,119 --> 00:23:24,440 dollars for the country in eight months. Does anybody talking 404 00:23:24,440 --> 00:23:26,559 about it? No, have a good time, have a good plate, 405 00:23:26,880 --> 00:23:27,680 enjoy the plane. 406 00:23:27,880 --> 00:23:28,480 Speaker 2: It's perfect. 407 00:23:28,480 --> 00:23:31,720 Speaker 9: Real quick quick question got d and I Pulty over 408 00:23:31,759 --> 00:23:33,960 there as the new director. We also know you have 409 00:23:34,000 --> 00:23:37,559 the task force set up on declassification, baby, looking talking 410 00:23:37,599 --> 00:23:41,440 about international maybe looking at some declassification. Are you able 411 00:23:41,440 --> 00:23:42,359 to give us an update on. 412 00:23:42,400 --> 00:23:46,000 Speaker 4: Declassify almost every and you know, by the way we 413 00:23:46,039 --> 00:23:49,000 have Jay Clayton is going in. You know, Bill Pulty 414 00:23:49,039 --> 00:23:51,240 is a very talented guy, but he's just there temporarily 415 00:23:51,359 --> 00:23:54,480 until Jake Clayton and Jay Clayton is going through the process. 416 00:23:54,960 --> 00:23:57,720 And Jay clay highly respected, and so is Bill Culty. 417 00:23:58,359 --> 00:24:01,279 But Bill is there just for or a fairly short 418 00:24:01,319 --> 00:24:03,519 period of time. But while he's there, I said, you 419 00:24:03,519 --> 00:24:05,480 can declassify whatever you will do. 420 00:24:05,480 --> 00:24:07,119 Speaker 9: You think we're going to get something soon or maybe 421 00:24:07,279 --> 00:24:08,599 twenty I told him he can do it this. 422 00:24:08,920 --> 00:24:11,559 Speaker 4: You gotta ask him, all right, But uh, I think 423 00:24:11,799 --> 00:24:14,480 he's a friend of yours. I think that I think 424 00:24:14,519 --> 00:24:17,680 that Bill will de bless him. You. I told him, 425 00:24:17,680 --> 00:24:21,359 you can deplassify whatever you want. So Bill's there just 426 00:24:21,720 --> 00:24:24,480 you know, for maybe a month or two months or something, 427 00:24:24,880 --> 00:24:26,920 and Jay is going through the process. He's got a 428 00:24:26,960 --> 00:24:31,799 hearing in two weeks. Highly respected man, Jay Clayton, thank you, 429 00:24:32,759 --> 00:24:33,119 all right. 430 00:24:33,119 --> 00:24:35,839 Speaker 1: So that's what happened with the President today before he 431 00:24:35,880 --> 00:24:39,480 went to South Dakota. I disagree with him on Bill 432 00:24:39,480 --> 00:24:44,359 Poulty being highly respected. Jake Clayton, yes, highly respected guy, 433 00:24:44,400 --> 00:24:47,119 but not Bill Poulty. But Poulti's they're doing what he's doing. 434 00:24:47,920 --> 00:24:53,480 So meantime, speaking of the economy, gas prices, Hey, California, 435 00:24:53,519 --> 00:24:59,039 congratulations your prices went up again today. Why because on 436 00:24:59,160 --> 00:25:04,000 July first, California raised their gas tax by two point 437 00:25:04,160 --> 00:25:08,880 something two cents and some change. So it's now the 438 00:25:09,160 --> 00:25:11,880 state of California. Why gas prices are so expensive there 439 00:25:12,240 --> 00:25:16,640 is because it's the highest taxes in the country. This 440 00:25:16,759 --> 00:25:21,240 brings the taxes up to sixty three cents per gallon 441 00:25:21,759 --> 00:25:26,880 for a gallon of gas in California. So it's a 442 00:25:26,960 --> 00:25:29,960 law that they passed a few years ago to automatically 443 00:25:29,960 --> 00:25:35,119 adjust the gas prices the gas tax because of inflation. 444 00:25:35,279 --> 00:25:39,440 So that's what's going on in California. Their prices are 445 00:25:39,480 --> 00:25:43,319 actually higher. So speaking of money, let's take a quick 446 00:25:43,359 --> 00:25:46,640 look at Wall Street. Kind of a mixed market down 447 00:25:46,680 --> 00:25:49,759 on those stocks, down thirteen on the Doubt at fifty 448 00:25:49,759 --> 00:25:52,759 two thousand and three h five. That's coming off the 449 00:25:52,799 --> 00:25:57,359 record high set yesterday. The S and P down sixteen, 450 00:25:57,920 --> 00:26:01,720 the NASDAK down one hundred and seventy three. Not a surprise. 451 00:26:02,000 --> 00:26:06,319 The first day of a quarter, a lot of Wall 452 00:26:06,359 --> 00:26:11,200 streeters unwind the trades they had for the end of 453 00:26:11,279 --> 00:26:14,160 the previous quarter to kind of window dress everything in 454 00:26:14,200 --> 00:26:17,759 their portfolios. So now they unwind some of that on 455 00:26:17,799 --> 00:26:20,480 this first business day. Of the third quarter, as far 456 00:26:20,519 --> 00:26:25,640 as gold prices, up thirteen dollars to four fifty one. 457 00:26:25,839 --> 00:26:29,799 In oil, as the President said, down another dollar and 458 00:26:29,880 --> 00:26:34,160 some change, down to sixty eight dollars for one barrel 459 00:26:34,240 --> 00:26:37,119 of oil. So that's it for today. Thank you for 460 00:26:37,160 --> 00:26:41,079 coming by. We will be back again tomorrow. I hope 461 00:26:41,119 --> 00:26:41,680 to see you then