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Speaker 1: And Hello, how are you welcome, one and all to

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the Big Podcast on this Thursday. Today is the second

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day of July year of our lower twenty twenty six.

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My name is Tom Sullivan. And here we go. I mean,

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we've got we're down to. Tomorrow is the third, but

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it is the day that we recognize America's Independence Day holiday.

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So tomorrow is a holiday. Then big three day weekend

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with the fourth on Saturday Sunday, and back to work

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next Monday. But in the meantime we've got a number

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of things to go over. Some of it's serious, some

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of it's kind of silly. I mean there's there's the

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Swifties are going crazy because of Taylor Swift maybe getting married.

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I think it looks pretty pretty solid like she's going

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to get married tomorrow. There were some people up on

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top of the very deppy top of the spire of

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the Empire State Building that are just that's what they do.

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And they and the guy proposed of as a guy

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in a gall guy proposed to the woman that was

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with him. Janine Piro has got a grand jury indictment

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against the guy, David Hearn, the olympian who she's charging

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him with destruction of government property of felony. He could

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spend ten years in prison. She's going after him. We'll

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go into wall of that, but I want to start

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with the Socialist Democrat Socialist movement because it really is

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getting the attention of everybody, Democrats and Republicans, and it's

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interesting to watch because it's kind of a whole new,

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whole new party, but they're trying to they're trying to

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inject themselves into the Democrat Party, but they're not. They

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really don't represent what the Democrat Party has represented in

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the past. So I want to get into all of

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that with you as well. Oh and Mitch McConnell, he's

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eighty four years old. Apparently the news is just coming

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out that about a week or two ago, nine one

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one was called for ambulance to his home in DC

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and that the reporting that is not confirmed is that

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they were dispatched for cardiac arrest. So whether or not

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Mitch McConnell had a heart attack or not, we don't know.

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But he's not running for re election. But this is

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a nine one call to his home a week or

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two ago, we don't so it's very vague, but good

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old Mitch I've met him a few times. He's a

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very nice man. I feel bad for the guy. All right,

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let's start with the DSA. Then let me give you this.

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There was a candidate in Wisconsin, now we know about

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this past Tuesday. There was the candidate in Colorado. Denver

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area represented a congressional candidate and the woman that represented

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that area has been there for thirty years in that office.

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And that part of Denver is a very blue part

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of Colorado. And the woman that was running for re

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election to get it was their last name, is considered

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a pretty progressive Democrat. She wasn't progressive enough. So they've

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got this new woman that stepped up twenty eight, twenty

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nine years of age, a PhD student. She doesn't have

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a PhD. She is a lawyer. Her parents came. I

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start to think yesterday I said they came from eg

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They came from Ethiopia when she was a baby. And

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she is died in the wold Socialist So people are

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starting to take a look around and the numbers. We

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haven't been talking about all of them that have been elected,

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but apparently at this point, twenty eight Democrats socialists have

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been elected in the primaries they're not members of Congress,

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but they're they're on their way for many of them.

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While there's another one running in Wisconsin. She is running

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for governor. And the guy who sat down I think

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it was a podcast of some kind, but this is

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Hassan Pike, who's also a socialist, and he was asking

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her twenty questions about what does she believe or not believe.

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So I thought this is a pretty good checklist for

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people that want to know, are you a Democrat, socialist?

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Yes or no? Here's how you would answer the questions.

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Speaker 2: Do you support repealing Act ten?

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Speaker 3: Yes?

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Speaker 2: Universal childcare yes, free school meals yes, Guaranteed pay leave yes,

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abolishing ice yes, a one year data center moratorium yes,

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breaking up a big ag yes, public grocery stores yes,

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right to repair yes, legalizing cannabis yes, overturning Citizens United yes,

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a worker's Bill of Rights yes, a free Palestine Yes.

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Speaker 1: Well that was pretty quick, but it was that's what

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the that's what she's for, and she's wanting to be

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Wisconsin governor. I don't know if she has much of

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a chance. I doubt it, but I don't want to

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adapt the whole movement because there is a movement going on,

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and I stop and I think, how are they going

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to get done what they want to get done? Well,

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this is how something starts. You may not win the

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first round, you may not win the second, third, fourth round.

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But if they can get more and more and more

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of them elected, and they are a majority in the

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House of Representatives of the Senate, they and they sponsored

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somebody to run for president. I mean, this could be

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something twenty years down the road, maybe five years down

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the road, but they're on. They're on a march, and

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there's no question about the fact that this is a

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radically different way. And then you stop and think, why

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are they doing this? Well, I've mentioned this before, I'll

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repeat I'm repeating myself a little bit. But there's a

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lot of young people that over the last decade or

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so have have gone to school, come out college or

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no college, and they look around and they're having trouble

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finding a job, a good job, a job that pays

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them a good salary, and they're scratching their head, going, well,

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this is capitalism. Why if this is capitalism, what's so

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good about capitalism? I can't afford my groceries, I can't

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afford to buy a house. I can't get a good job.

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I can't and they go down the list of well,

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why don't we try something different. And that's what all

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of this is is they're looking for change, change, change, change.

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They've been doing this for quite some time. Barack Obama,

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I've told you many times. On his exit interview, at

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the end of eight years, he said he got elected

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on hope and change, and at the end of his

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eight years he says, people are still angry and they

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still want change. They wanted change enough to where they

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elected Donald Trump. That was I know, radical. I mean,

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everybody thought Hillary was going to win, but nope, people said,

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I want a change. Well, so they don't like Trump

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after four years, so they go, okay, let's try Grandpa.

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He seemed like a nice placeholder. He said all the

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moderate things, even though later when he got into office

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he went left. But he said all the moderate Democrat things,

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and he got elected and people were mad at him

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after four years that I still I'll go back to

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that crazy Donald Trump because at least he's doing things.

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You may not like him, but boy, that's changed. I mean,

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you got to admit whether you like Trump or don't

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like Trump. He is a change agent in a big

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every day he's a change agent. So he's turned out

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at the end of the four years. Theoretically, no, I

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think he's packing up at the end of four years.

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So now they're looking around for now, what are we

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going to do. We're going to go back to the

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establishment Republican or the establishment Democrat. And I'll tell you

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who's mad. A lot of Democrats are mad. Let me

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play this guy for you. His name is Bobby Bartel.

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He is the head of the steam Fitters Union in

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New York City. These are the hard hat guys. These

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are hard working union guys. And this is what he's

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say thinking about regarding the Democrats socialist, Well.

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Speaker 4: The Democrat Party is going so far left and they're

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supposed to be the working people's party. Right now they're

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the immigrants criminals, and everybody that doesn't want to work

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party said, we do not align with them when we

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work hard for our jobs. We want all taxes to

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go for us, for American citizens, not for illegal immigrants.

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We don't align with no borders, we don't align with

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no police, we don't align with given everybody, you know,

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whatever they're looking for, and you know recently, I just

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heard Kristin Jill Brand and a Keem Jefferies saying they

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have a large tent. They want to invite everybody into

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their tent. Well, why wouldn't they want to invite everybody

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into that tent. They opened up the borders to let

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everybody in for four years. My personal opinion and my

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member's personals opinions are they should fold that tent up,

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pack it back up, and get rid of them. Because

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we've just let some Democrats know that we've backed for years,

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we're not backing them anymore. I just called up two

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congress one congressman, one congresswoman, we're not backing you anymore.

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Speaker 5: How do they respond?

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Speaker 4: I don't know why. I said, because of what you

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are saying out in the paper. And one guy was

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a cop. I said, you're arrested American citizens for breaking

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the law, but you don't want to deport illegal immigrants

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that are breaking the law to come here.

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Speaker 1: Yeah. That's a very powerful union official here in New

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York City, And if he's thinking that way, I think

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there's a lot of union officials across the country that

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are probably committing about the exact same thing. Here is

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a democrat socialist who was being interviewed about what is

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it that you social democrats socialists want.

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Speaker 3: We believe that right now we have as open borders

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for capitalists, for CEOs, we have a people who run

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major companies that have hauled out cities all over the country,

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taking jobs out out of communities, outsourcing jobs, pushing trade

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deals that are bad for workers. So we would not

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have open borders tomorrow. But we want a world in

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which all breaking people are taking care of every basic

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necessity so that we don't need a militrized border.

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Speaker 1: So it's the same sort of mantra about no borders,

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no prisons, no police. Well, let's go back to Bobby Bartel.

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Speaker 4: Well, we need borders because as far as the union

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members concerned, they're not only my union, many of the

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locals and the building trades of New York have fed

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up with it. Illegal immigrants coming here with no borders,

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just flowing into the country. They're lowering the wages and

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taking jobs of the American people.

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Speaker 1: Yeah, and that's the same thing I'm hearing from lots

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and lots of union leaders around the country. As far

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as Carl Rove, he keeps track of everything, everything Democrats

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and Republicans. He's a Republican, but this is his analysis

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of what's going on with the DSA. Well, the Pew

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poll is interesting also from the perspective of who are

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the people who are the biggest opponents of DSA. They're

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the most loyal Democrats, Black Southern Democrats. James Carville famously says,

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they're just not liberal, and this poll shows they art

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they reject the DSA approach more than anything else. But yeah,

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it's interesting to me. They're winning in deep blue places.

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This is what the general election was in twenty twenty

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one point five. We're in a narrowly divided country. Where

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are they winning these primaries by and large New York.

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In New York, Donald Trump in the seventh district got

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nineteen point three percent of the vote, and the tenth

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he got fourteen point one. In New York thirteen he

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got eleven point one. This Colorado seat that they knocked

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off the long time incumbent, Donald Trump got twenty one

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percent of the vote. That's a very I mean, that

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is the most liberal district in the state, the most

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liberal parts of Denver. And my point is is that

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what's going to be a real test is they also

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nominated the DSA advocate in Colorado eight, which Donald Trump

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won by two percent swingy district. Republicans took it away

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from the Democrats. And is a Democrat socialist going to

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be able to appeal to the suburbs of Denver? Well,

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can you imagine if the Democrats do take the House,

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they're likely to do so only by a small margin.

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Can you imagine having twenty some out of these people

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twelve that in this year plus AOC and elon omer

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and et cetera, et cetera. What the devilment they will

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have with the King Jeffries if he become speaker. You

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think the Republicans had problems with the Freedom Caucus or

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before them, the Tea Party, It's going to be nothing

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like what the Democratic Socialists are going to create inside

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the Democratic Caucus. Well, a former Democrat who switched to

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become independent, Joe Manchin, who was the former Attorney General

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of West Virginia. Then he was the governor of West Virginia.

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Then he had a long career as the Senator from

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West Virginia, and he left the Democrat Party and became

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an independent. This is his reaction to the DSA.

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Speaker 6: Yeah, both parties. You know, you have basically the MAGA

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part of the Republican Party and you have the socialist

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extreme left on the Democratic Party. They've been able to

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take advantage of a closed system since the parties basically

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want to control, and they control through the primaries. By

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controlling primaries, these activists on both sides have taken over,

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totally taken over because they're more enthused, they're more excited,

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they're more engaged now because they don't like what's going on.

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They can't buy a house, their credit is very difficult

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to be to improve with a student that they have.

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The cost of living is so high that basically just

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the basics of groceries and your utilities and your food

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and your transportation, it's more than most of them can

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basically attain without help from their parents or grandparents. And

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then you have on top of that no opportunities upward bound.

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So they're you know, and I would say caution to

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my Republican friends, because if they see you all benefiting

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or doing extremely the largest of what's going on, it's

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going to backfire. My grandfather always said, leave a little

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meat on the bone for the next dog. So you've

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got to have everyone rising up with you, and right

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now these activists on both sides. You were talking earlier

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about basically immigration, and the gentleman was telling you that

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was that's really what gave Donald Trump his victory. And

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I told the Democrats, Joe Biden, all of them, I said,

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you cannot have a solumn at the border. We never

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let people just come in and they're paying the price

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for that. We had a bill in twenty thirteen, the

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Bipartisan Bipartisan Greation Bill, Democrats and Republicans. If we to

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pass that bill, you wouldn't have the problems. You wouldn't

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have with the birthright citizenship because basically, with a good

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immigration policy, you secure the borders, you stop people coming illegally.

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They come illegally, you send them back immediately, and they

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have to come the right way through. But you've got

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to deal with about fifteen plus million people undocumented, and

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we did that in the bill that allowed them to

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work their way into citizenship. You need to do that

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if you want to get paramilitary off the street.

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Speaker 1: Did you hear his point? He's basically saying people are

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disgusted with the Republicans and Democrats. They want somebody to

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And this is one of the other problems these people.

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The politicians have spent the last few decades trying to

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tell people rely on the government, rely on don't rely

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on yourself, don't rely on your family, don't rely on

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anything other than us. The government will take care of you.

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So people are looking for the government to help them out,

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and they're finding out that the government isn't helping them

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either party, and they're they're mad, and they're and they're

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they're they're going to switch back and forth. This is

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what's going to make it very difficult to predict what's

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going to happen to political parties. Democrats and Republicans. How

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are they going to fare? Because if you've got basically

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angry people out there looking at Democrats and Republicans and

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not liking either one of them, what are they going

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to do? Who are they going to vote for? Are

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they just going to sit home and let the activists

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take control of their parties? UH stand by because it's

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going to get even more interesting. One of the complaints

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going around UH started yesterday. The president was all excited

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about the new airplane that he's using. Whenever he's on

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an airplane, that that airplane is air Force one. Well,

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he had the guitar four hundred million dollar gift wink

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wink repainted and the inside was they put in the

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communication stuff for the president. But it's a luxury jet

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and there were photos going around yesterday and he was

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all excited about it. And that's him. He loves that

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kind of stuff. And it's got a lot of gold

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in it, and he you know, I don't know, everybody's

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got their own style. That's all that gold stuff isn't

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my style. But okay, fine. I hope when the next

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president comes in, you know how, they go in and

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rearrange the White House, take the furniture out, put new

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furniture in for the new president. I hope they allocate

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some extra time to take down all the gold. Yeah. Man,

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that's ugly. But anyways, so now people, here's the mantra

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that the Democrats are trying right away. Donald Trump is

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corrupt because they came out with the with the earn

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it with the political reports they're supposed to file for

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twenty twenty five all politicians, all federal politicians, and Donald

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try Trump made five well one point three one point five.

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I've seen different numbers one point something billion last year,

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and the biggest chunk of it was five hundred plus

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million off of crypto. Well, I don't know if that's

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anything new. I don't like it. But he also had

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Trump University, which I thought was a waste of people's money.

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He's had Trump stakes, He's had Trump water, He's had

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a lot. He hawks anything and if it works, great,

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he makes a lot of money. If it doesn't work,

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then he moves on. So that's what this is. He's

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doing the crypto thing. He sold a bunch of people

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crypto coins that have dropped in dramatically in value. He

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made five hundred and some million dollars where the people

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who bought those crypto coins have lost ninety percent of

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their investment. So this is a perfect silver platter for

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the Democrats to say, ce ce see, he's corrupt. The

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only thing is he's not on the ballot. And I

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don't think there's anything. I don't think there's any surprise

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on stuff that Trump does anymore. I think we know him.

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And again he's got this track record of all these

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goofy products he likes. But he it's him, it's his money.

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He can do what he wants, and if you buy

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into his products, you're taking a risk and you're a

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big kid, so have ad it. So the Democrats be prepared.

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They're going to be shouting corrupt, corrupt, corrupt, corrupt, and oh,

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by the way, see you Republicans were shouting about how

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Joe Biden was so corrupt. That's nothing. Look at Trump

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and his sons. So Mark Short, who was the chief

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of staff for Vice President Pence, was asked all about

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this today. I thought his answers were insightful.

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Speaker 7: Eric. I think that the president has enormous support, in

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part because he's been so successful. I think one of

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the things that captured the American's imagination twenty sixteen was

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his promise to go drain the swamp. I think that

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for a lot of people, they felt like he was

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running against the Clinton machine, and then the deep state

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came after him with the prosecutions. I think this is

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troubling for a lot of his supporters because they don't

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begrudge him making money. They think that that's part of

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his story. But I think the notion that you were

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I can't tell you how many rallies I went to

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in twenty sixteen, and the biggest applause line was always

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drained the swamp, and that's what I think American voters

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wanted Donald Trump to do. And now it appears, you know,

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the swamp is so inviting that he's he's bathing in

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it with the sheikhs in the Middle East, with what's

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happening with his crypto investments. That's going to, I think

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create a lot of consternation for a lot of his followers.

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I think it's going to continue to have problems for

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other Republicans because presumably when Democrats take control at least

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one chamber in November to launch investigations and Republican have

358
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to explain why it was wrong for the Bidens and

359
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okay for Trump. And now you've seen the Wall Street

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journals editorialize, the New York Post, the Free Press, all

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the conservative publications have all criticized that this is graft.

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Speaker 1: Yeah, the last couple of days, especially some of the

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conservative media have been very very critical of the corruption,

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as they call it. So it's not only the Democrats,

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but conservative newspaper Wall Street Journal, the Free Press, the

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New York Post that's a Murdoch product. So it's a

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Wall Street journal and they're going to town about how

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this corruption with his sons is unconscionable and shameful, and

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just criticizing him up one side and down the other.

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But now that the primaries are mostly behind us, you're

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going to see a lot of Republican officeholders who are

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not going to be afraid of criticizing President Trump. So

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it's going to get ugly between now in November, especially

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on that because nobody liked corruption. They wanted President Trump

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to drain the swamp, and it looks like he's write

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smack dab in the deep end of the swamp.

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Speaker 7: I don't know that it is. I think he's less

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worried about it, but I think there's gonna be again

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a lot of Republicans after the midterms. We're going to

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have to explain this again. I'm not anyway excusing what

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happened to Biden's I think there was one of the

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things that helped propel the President back into the White House.

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But to be consistent, Republicans shouldn't be able to criticize

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this as well.

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Speaker 1: Right, So we'll let that unfold as it may. But

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let's get to the serious news. Some of the top

387
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news of the day Swifties. I know you're all excited.

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So the story is that Taylor Swift and Travis Kelchi

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are going to get married tomorrow, and all of this

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is coming down to rehearsal dinner is tonight and about

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one hundred people are going to be going to that,

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and then the wedding is tomorrow afternoon or evening somewhere

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along there. And so it's that Madison Square garden and

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they've been tracking all the people there contractors that are

395
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loading things into the garden. They're gonna make it. Ah,

396
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you think, well, who wants to get married at the

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Madison Square Garden. They're going to make it into a garden.

398
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It's gonna I'm sure it's gonna beautiful. They both have

399
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a lot of money, so they're going to spend a

400
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fortune on this whole thing. But rehearsal dinner is this evening,

401
00:24:41,000 --> 00:24:44,519
one hundred people. Uh, if you if you've got an invitation,

402
00:24:44,559 --> 00:24:47,680
you better hurry up Tomorrow. The wedding about a thousand people,

403
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and uh, it's just it's silly. It's being a silly

404
00:24:53,519 --> 00:24:57,519
business in New York. So and speaking of love, so

405
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yesterday there was a couple, man and a woman and

406
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they apparently have been longtime partners and they do dangerous stunts.

407
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And they went they bought a ticket to go up

408
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to the observation deck at the Empire State Building. Yeah,

409
00:25:15,799 --> 00:25:17,640
you got to buy a ticket. They you can't get

410
00:25:17,680 --> 00:25:20,039
anything for free in New York. So they went up

411
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there and then this was around closing time, and they

412
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apparently they have they scooped that whole thing out. They

413
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hid and once the Empire State Building was shut down

414
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for the tourists, they went and started up climbing. Apparently

415
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they knew how to get through some doors that were locked,

416
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started climbing the spire all the way to the top

417
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and unfa basically unfurled a flag. What did that flag say?

418
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It was something about love. Oh, I had it here

419
00:25:55,680 --> 00:25:58,440
a little while, I must have oh here it is

420
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the power of love beats the love of power. The

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world knows love. So then once they did they unfurled

422
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that whole thing. They the guy got down on one

423
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knee and proposed marriage to the woman that helped him

424
00:26:17,039 --> 00:26:21,920
put that. Climbs tall buildings like that, it's crazy. Juliette

425
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Kai Am former FBI lady. Yes, she's not having any fun.

426
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Speaker 8: Yes, I mean, you know, I'm all for love, you know,

427
00:26:31,359 --> 00:26:36,359
but this was reckless to a lot of people. I

428
00:26:36,519 --> 00:26:39,319
was thinking yesterday, just as in a side like wait

429
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till they find out that a lot of marriage is

430
00:26:41,000 --> 00:26:43,000
to who was picking up the paper towels, you know,

431
00:26:43,039 --> 00:26:46,440
a target like this is it's all downhill from here

432
00:26:46,519 --> 00:26:48,599
if this is their idea of an engagement. And the

433
00:26:48,640 --> 00:26:51,759
reason why is because this is this was dangerous to them.

434
00:26:51,839 --> 00:26:54,200
I'm going to put them aside because they went to

435
00:26:54,240 --> 00:26:58,200
the risk. It did two things. One is, if anything

436
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had gone wrong, something false, even like they had that

437
00:27:01,880 --> 00:27:04,640
camera with the Instagram where they were holding for the

438
00:27:04,799 --> 00:27:07,279
for the live feed, if that had fallen at the

439
00:27:07,359 --> 00:27:10,480
velocities that it would have fallen, it could have flattened

440
00:27:10,480 --> 00:27:12,559
a car. So you're looking at a risk of the

441
00:27:12,559 --> 00:27:15,599
people below. The other is, of course, the you know,

442
00:27:15,720 --> 00:27:19,599
the sort of distribution of resources that this required. You've

443
00:27:19,599 --> 00:27:24,319
got in New York looking at July fourth, the World

444
00:27:24,359 --> 00:27:27,960
Cup Games, as well as of course the terror swift wedding.

445
00:27:28,279 --> 00:27:32,599
The pressure on the resources is it had to be

446
00:27:32,680 --> 00:27:37,319
diverted for I mean, you know, as as as the

447
00:27:37,319 --> 00:27:40,319
New York Police Department guy said, for these geniuses right,

448
00:27:40,440 --> 00:27:42,759
and so we need to look at it in terms

449
00:27:42,799 --> 00:27:46,119
of what could go wrong, and they should be criminally charged.

450
00:27:46,160 --> 00:27:46,920
This is no joke.

451
00:27:47,559 --> 00:27:51,119
Speaker 1: I don't know this woman. She sounds like I've been

452
00:27:51,119 --> 00:27:55,640
impressed with her national security background and information, but she

453
00:27:55,680 --> 00:27:59,039
does sound like an unhappy married woman. Maybe she's not married.

454
00:27:59,079 --> 00:28:01,519
I don't know her. If she's married, I think she's

455
00:28:01,519 --> 00:28:03,799
an unhappy married woman. If she's not married, I think

456
00:28:04,480 --> 00:28:07,319
there's a good reason for In any case, I mean

457
00:28:08,279 --> 00:28:11,799
she when she said, yeah, so you have to understand

458
00:28:11,839 --> 00:28:15,039
after the engagement, it all goes downhill. From there. You

459
00:28:15,079 --> 00:28:17,759
got to stop by target and pick up the paper talls.

460
00:28:18,440 --> 00:28:24,160
And I'm thinking, so that's her view of an engagement,

461
00:28:24,359 --> 00:28:27,119
and then comes the wedding, and then usually comes happiness,

462
00:28:27,160 --> 00:28:28,440
and you spend your life together.

463
00:28:28,559 --> 00:28:29,160
Speaker 2: Yes, you do.

464
00:28:30,680 --> 00:28:34,519
Speaker 1: Daily chores. But in any case, and here's the other

465
00:28:34,559 --> 00:28:37,200
thing about her comment, which makes no sense to me.

466
00:28:37,920 --> 00:28:40,759
So you're on the you're you're in the Empire State Building.

467
00:28:40,839 --> 00:28:44,720
They got a big observation deck. They went to that.

468
00:28:44,839 --> 00:28:47,599
Then they went up, they climbed up the spire, the

469
00:28:47,799 --> 00:28:51,720
little heapy top of the thing. It's a it's a

470
00:28:51,880 --> 00:28:55,920
fraction of the size of the building and the and

471
00:28:56,039 --> 00:29:01,440
the the observation deck, so if you drop something from there,

472
00:29:01,880 --> 00:29:03,640
it wouldn't have hit the stree, it would have hit

473
00:29:03,680 --> 00:29:07,960
the observation decked a few feet down, and it was closed,

474
00:29:07,960 --> 00:29:11,640
so nobody was there. So she and then to charge

475
00:29:11,680 --> 00:29:16,240
him with I'm sorry. Well, even as so she was

476
00:29:16,279 --> 00:29:20,400
talking about the problems for the NYPD, they they're going

477
00:29:20,480 --> 00:29:23,480
to have. I'm sure a bunch of them are going

478
00:29:23,519 --> 00:29:25,279
to pick up some nice checks because they're going to

479
00:29:25,279 --> 00:29:30,200
be hired for security around Madison Square Garden for the

480
00:29:30,240 --> 00:29:37,400
Swifty wedding. But here's Jessica Tish, the Commissioner of the NYPD,

481
00:29:37,640 --> 00:29:42,279
giving a rundown to the media about NYPD activities over

482
00:29:42,319 --> 00:29:43,519
this weekend.

483
00:29:43,920 --> 00:29:47,720
Speaker 5: Before I close, and a briefing about major events happening

484
00:29:48,160 --> 00:29:50,880
this weekend in New York City. I would be remiss

485
00:29:51,359 --> 00:29:54,240
not to mention an event that we are tracking at

486
00:29:54,359 --> 00:29:59,319
Madison Square Garden on Friday night. The NYPD will of

487
00:29:59,400 --> 00:30:02,480
course have a detail in place, but I am not

488
00:30:02,720 --> 00:30:06,119
going to go into more specifics on that.

489
00:30:06,319 --> 00:30:07,319
Speaker 2: At this time.

490
00:30:08,079 --> 00:30:10,480
Speaker 1: There was She didn't seem upset by it. It was

491
00:30:10,559 --> 00:30:14,480
just another big deal going on in New York City

492
00:30:14,519 --> 00:30:18,759
this weekend. There's always some big deal going on. It

493
00:30:18,920 --> 00:30:21,480
even caught the attention to people that went up to

494
00:30:21,519 --> 00:30:25,079
the top of the Empire State Building. Even the controllers

495
00:30:25,200 --> 00:30:28,480
over at La Guardia. You know, they're looking out into

496
00:30:28,480 --> 00:30:30,759
the sky looking for planes and things like that. They

497
00:30:30,799 --> 00:30:35,160
got their eyeglasses and all that, and one of them

498
00:30:35,759 --> 00:30:39,039
asked the NYPD helicopter that was in the area, Hey,

499
00:30:39,079 --> 00:30:41,960
what's going on over at the Empire State Building? Yeah,

500
00:30:42,000 --> 00:30:45,200
what's all the hoopla going on over there? Putins Is

501
00:30:45,279 --> 00:30:47,440
climbed to the top of the Empire State build at

502
00:30:47,440 --> 00:30:48,400
the top of the spire.

503
00:30:48,680 --> 00:30:50,759
Speaker 6: The male females dressed in black.

504
00:30:50,880 --> 00:30:53,119
Speaker 7: They had some flag they were waving when they were

505
00:30:53,160 --> 00:30:56,039
up at the top, and he just proposed to her.

506
00:30:57,000 --> 00:31:00,559
Speaker 1: That's great. So the NYPD the helicopter didn't seemed to

507
00:31:00,599 --> 00:31:04,720
be too bothered by it. Jessica Tish, the commissioner didn't

508
00:31:04,720 --> 00:31:09,680
seem to bother by it. So what he would now?

509
00:31:10,200 --> 00:31:16,279
Taylor Swift and Travis Kelchi getting married. Job's report came

510
00:31:16,319 --> 00:31:19,000
out today. Because tomorrow is a holiday, markets are closed.

511
00:31:20,119 --> 00:31:22,240
Let's go through some of the numbers for the June

512
00:31:22,480 --> 00:31:28,119
jobs report. The number of payrolls created fifty seven thousand.

513
00:31:29,119 --> 00:31:32,799
That's less than half what they were expecting, so a

514
00:31:32,799 --> 00:31:37,480
big slowdown and payrolls jobs added in the month of June.

515
00:31:38,559 --> 00:31:43,480
The previous two months were revised from one hundred and

516
00:31:43,559 --> 00:31:46,440
seventy two thousand down to one hundred and twenty nine thousand.

517
00:31:47,319 --> 00:31:50,319
The unemployment rate dropped from four point three down to

518
00:31:50,400 --> 00:31:53,240
four point four. I'm sorry, four point three down to

519
00:31:53,279 --> 00:31:58,160
four point two. The participation rate disappointing, It dropped down

520
00:31:58,200 --> 00:32:04,359
to sixty one point five average Howlly earnings, in other words,

521
00:32:04,480 --> 00:32:08,920
wages on an annualized basis up three and a half percent.

522
00:32:09,000 --> 00:32:12,480
The problem with that is inflation is better than four percent,

523
00:32:13,240 --> 00:32:17,279
so your wages are not keeping up with the rate

524
00:32:17,319 --> 00:32:22,359
of inflation. So it's not the end of the world.

525
00:32:22,480 --> 00:32:24,680
It's a slow down. I think there's a lot of people,

526
00:32:24,720 --> 00:32:27,279
including Kevin Warsh, the new chairman of the FED, is

527
00:32:27,359 --> 00:32:31,440
kind of admitting that unemployment jobs is not really a

528
00:32:31,519 --> 00:32:34,359
concern right now for him. He's more concerned about the

529
00:32:34,400 --> 00:32:39,480
overall inflation rate. So one of their mandates about maintaining

530
00:32:39,839 --> 00:32:43,759
the employment rate. I don't think he's too worried about

531
00:32:45,279 --> 00:32:48,240
so he may basically another hint that he may raise

532
00:32:48,240 --> 00:32:52,720
interest rates coming up probably in the fall, probably September.

533
00:32:53,440 --> 00:32:55,839
So we'll have to wait and see about all of that.

534
00:32:56,440 --> 00:32:59,720
So as far as wrapping up this first business week

535
00:32:59,799 --> 00:33:03,839
of July, well before we get to that, seriously, I'm

536
00:33:03,839 --> 00:33:09,480
looking at CNN. Just had breaking news that Travis Kelsey's

537
00:33:09,599 --> 00:33:15,039
mother has landed in New York. Are you serious? Are they?

538
00:33:15,079 --> 00:33:18,000
Are they at all three airports watching to see if

539
00:33:18,000 --> 00:33:21,759
Travis Kelsey's mother's arriving or not. So it's it's over

540
00:33:21,799 --> 00:33:25,680
the top pandemonium over at the garden. I mean thet

541
00:33:26,079 --> 00:33:30,119
They got truckloads and truckloads and truckloads of stuff they're

542
00:33:30,119 --> 00:33:32,759
bringing into the garden and I don't know what they're

543
00:33:32,759 --> 00:33:36,640
going to. What they're building obviously a set for the wedding,

544
00:33:37,359 --> 00:33:39,960
but you can build that into almost anything you want.

545
00:33:40,839 --> 00:33:43,319
There are no windows, so they're going to have privacy.

546
00:33:43,880 --> 00:33:47,400
And there's forty different ways of getting into Madison Square

547
00:33:47,400 --> 00:33:53,039
Garden without anybody seeing you. So I just had breaking

548
00:33:53,160 --> 00:33:58,000
news upon his mother landing and in New York. Oh

549
00:33:58,119 --> 00:34:00,920
my gosh. So let's get to all Street. Let's get

550
00:34:00,960 --> 00:34:03,920
back to Sirius for a moment. The Dow today, nice

551
00:34:03,960 --> 00:34:09,440
new record, almost fifty three thousand on the Dow, up

552
00:34:09,519 --> 00:34:13,760
five hundred ninety four today, the Dow closing at fifty

553
00:34:13,760 --> 00:34:17,800
two thousand and eight ninety nine, the S and P

554
00:34:19,039 --> 00:34:22,000
NOPE down a half a point, barely moved NAS back

555
00:34:22,079 --> 00:34:25,360
down two hundred and seven. The price of gold up

556
00:34:25,400 --> 00:34:28,599
forty nine dollars four thousand and one point thirty two,

557
00:34:29,519 --> 00:34:33,880
and oil pretty much unchanged today at sixty eight dollars

558
00:34:33,880 --> 00:34:38,039
for one barrel of West Texas Intermediate crude. That's it

559
00:34:38,159 --> 00:34:41,800
for today. We'll be back again tomorrow. Tomorrow is to holiday,

560
00:34:41,800 --> 00:34:45,639
but we've got all kinds of things to deal with

561
00:34:45,760 --> 00:34:50,079
on Friday. So I hope you have a wonderful furth

562
00:34:50,119 --> 00:34:53,119
and we'll see you back here again tomorrow

