WEBVTT 1 00:00:00.680 --> 00:00:04.360 The Jesse Kelly Show. Another hour of The Jesse Kelly 2 00:00:04.400 --> 00:00:08.480 Show on a wonderful Monday, and absolutely wonderful Monday. We're 3 00:00:08.480 --> 00:00:12.240 gonna talk about capping credit card interest rates. This hour, 4 00:00:12.400 --> 00:00:15.720 We're gonna talk about my poor decision making. I'll get 5 00:00:15.720 --> 00:00:20.239 to emails, hopefully I'll get to your sock emails. All 6 00:00:20.359 --> 00:00:23.239 that and so much more still to come this hour. 7 00:00:23.480 --> 00:00:27.519 But you know what time it is. It is the 8 00:00:27.559 --> 00:00:31.239 start of hour two on Monday, and that means it's 9 00:00:31.320 --> 00:00:36.039 time for Medal of Honor Monday. Every time somebody has 10 00:00:36.119 --> 00:00:39.079 ever earned a medal of honor in this country, they 11 00:00:39.079 --> 00:00:43.399 write up a citation for them. Those citations are available 12 00:00:43.679 --> 00:00:49.759 for everyone for free, not just one multiple Internet sites. 13 00:00:49.880 --> 00:00:53.320 Multiple sites on the Internet will tell you, hey, uh 14 00:00:53.719 --> 00:00:58.920 this guy. You can sort it by conflict, by branch, Marines, Navy, Army. 15 00:00:59.679 --> 00:01:03.320 It is amazing the database of heroes that is out 16 00:01:03.359 --> 00:01:07.879 there that's available for free for you in me. Now, 17 00:01:07.959 --> 00:01:11.719 this is a story that if you've watched the movie 18 00:01:11.760 --> 00:01:14.599 We Were Soldiers, or if you read the book We 19 00:01:14.599 --> 00:01:17.200 Were Soldiers Once and Young that's the name of the book. 20 00:01:17.799 --> 00:01:21.719 You're aware of this. In case you are not aware 21 00:01:21.959 --> 00:01:26.599 of Ed W. Freeman, or at least aware of the 22 00:01:26.640 --> 00:01:33.159 bravery of it. Let me explain something about helicopters in Vietnam. 23 00:01:33.760 --> 00:01:37.239 Vietnam brought about a brand new kind of warfare. Yes, 24 00:01:37.319 --> 00:01:39.840 we use helicopters in Korea, by the way, but Vietnam 25 00:01:39.920 --> 00:01:43.599 was the one where they were really central to the war. 26 00:01:44.280 --> 00:01:48.680 And the idea was simple, take the men, take the 27 00:01:48.719 --> 00:01:53.760 equipment you need, fly a fleet of helicopters into where 28 00:01:53.760 --> 00:01:57.680 you're going, drop them off, and then when you need 29 00:01:57.680 --> 00:02:00.400 to bring them out, or when they're wounded you need 30 00:02:00.400 --> 00:02:02.840 to evacuate, or the men you brought in need ammo 31 00:02:03.000 --> 00:02:06.640 or food or water, you send the helos back in. 32 00:02:07.640 --> 00:02:09.319 This is kind of one of those things we're at 33 00:02:09.319 --> 00:02:12.919 the stage now, especially we recently had that thing in Venezuela, 34 00:02:13.800 --> 00:02:17.560 helicopters flying through Caracas, and now it's just kind of 35 00:02:17.599 --> 00:02:20.599 old hat for us. Well, yeah, he thos do this, 36 00:02:20.759 --> 00:02:24.960 he loos do that, but this was relatively new in Vietnam, 37 00:02:25.000 --> 00:02:27.919 at least using them at that scale was brand new. 38 00:02:29.120 --> 00:02:31.639 But there's something you always need to keep in mind. 39 00:02:33.520 --> 00:02:36.840 An AK forty seven. Have you ever looked at an 40 00:02:36.879 --> 00:02:40.479 AK forty seven? Round the round it shoots, It's a 41 00:02:40.520 --> 00:02:42.840 seven point six y two round, But don't worry about 42 00:02:42.840 --> 00:02:45.000 that number. If you don't know guns or whatnot, don't 43 00:02:45.039 --> 00:02:48.280 worry about that. But I would encourage you, if you're 44 00:02:48.280 --> 00:02:51.759 not driving right now, to look up a seven point 45 00:02:52.000 --> 00:02:56.280 six y two round. The viet Cong and the North 46 00:02:56.319 --> 00:03:00.879 Vietnamese Army they shot AK forty seven mainly, but they 47 00:03:00.919 --> 00:03:05.280 also had bigger weapons, anti anti aircraft weapons, all kinds 48 00:03:05.319 --> 00:03:07.639 of things like that. So that AK forty seven round 49 00:03:07.639 --> 00:03:13.520 you're looking at, that's as small as they got. Do 50 00:03:13.560 --> 00:03:17.479 you have any idea how much damage one of those 51 00:03:17.599 --> 00:03:23.400 rounds does to the human body if it hits you, 52 00:03:23.400 --> 00:03:26.039 you don't even want to know. It doesn't have to 53 00:03:26.080 --> 00:03:29.680 be in your heart. If you take an AK forty 54 00:03:29.719 --> 00:03:35.039 seven round to the bone somewhere your forearm, that bone 55 00:03:35.159 --> 00:03:40.759 is destroyed, shattered. If you had if you had on 56 00:03:41.199 --> 00:03:45.400 a flackjack, a bulletproof vest, and let's say the bulletproof 57 00:03:45.520 --> 00:03:49.919 vest actually stopped the AK forty seven round from killing 58 00:03:49.960 --> 00:03:53.439 you and it hit you anywhere in the abdomen, did 59 00:03:53.479 --> 00:03:59.159 you know you will most likely have broken ribs. That's 60 00:03:59.199 --> 00:04:03.400 how heavy and hard that round hits. And I want 61 00:04:03.439 --> 00:04:07.319 to stress that that is the smallest round that was 62 00:04:07.360 --> 00:04:12.360 shot by the Vietnamese army at the time. The helicopters, 63 00:04:12.960 --> 00:04:17.680 the helicopter pilots, the helicopter crewmen were some of the 64 00:04:17.720 --> 00:04:22.519 most insanely brave human beings in Vietnam because the enemy 65 00:04:22.560 --> 00:04:25.839 wasn't stupid. The enemy was very, very crafty, and it 66 00:04:25.879 --> 00:04:28.800 took him about half a second to figure out what 67 00:04:28.959 --> 00:04:31.920 our war plan was. It took him half a second 68 00:04:31.920 --> 00:04:37.040 to figure out those helicopters that's their lifeline. That's bringing 69 00:04:37.040 --> 00:04:39.800 in troops and food and AMMO, and it's bringing out 70 00:04:39.800 --> 00:04:42.519 the wounded. We don't have to kill the masses of 71 00:04:42.560 --> 00:04:47.800 men on the ground first, kill the heloes and everyone dies. 72 00:04:48.439 --> 00:04:51.759 They knew it. And so when I read this, keep 73 00:04:51.759 --> 00:04:56.560 in mind we're not talking about bulletproof helicopters here. We're 74 00:04:56.600 --> 00:05:01.240 talking about helicopters with rounds going through them like a 75 00:05:01.240 --> 00:05:06.519 blow torchs through butter. So out of Nearly Mississippi born 76 00:05:06.560 --> 00:05:09.199 in nineteen twenty seven, Nearly Mississippi. Here's the Medal of 77 00:05:09.199 --> 00:05:15.800 Honor citation for an ed W Freeman Hey honoring those 78 00:05:15.800 --> 00:05:20.680 who went above and beyond. It's Medal of Honor Monday 79 00:05:25.959 --> 00:05:29.439 for conspicuous gallantry and intrepidity at the risk of his 80 00:05:29.519 --> 00:05:33.759 life above and beyond the call of duty. Captain ED W. Freeman, 81 00:05:34.000 --> 00:05:38.360 United States Army distinguished himself by numerous acts of conspicuous 82 00:05:38.399 --> 00:05:43.079 gallantry and extraordinary intrepidity of the fourteenth of November nineteen 83 00:05:43.199 --> 00:05:47.040 sixty five, while serving with Company A two hundred and 84 00:05:47.040 --> 00:05:51.639 twenty ninth Assault Helicopter Battalion, First Cavalry Division. Pause for 85 00:05:51.680 --> 00:05:54.839 a moment on the citation. This is as I said, 86 00:05:55.199 --> 00:05:57.240 It's the story of we were soldiers. But if you 87 00:05:57.319 --> 00:06:01.199 don't know, just know that we flew in a fairly 88 00:06:01.399 --> 00:06:05.720 large Army unit. This Army unit landed at the base 89 00:06:05.879 --> 00:06:10.959 of a jungled mountain. But in that jungled mountain were 90 00:06:11.160 --> 00:06:15.920 several times more North Vietnamese than the Army unit that landed. 91 00:06:16.160 --> 00:06:19.920 The Army unit that landed far from home, and they 92 00:06:20.000 --> 00:06:23.879 have nobody but the helicopters. Back to the citation. As 93 00:06:23.920 --> 00:06:27.279 a flight leader and second in command of a sixteen 94 00:06:27.480 --> 00:06:32.639 helicopter lift unit, he supported a heavily engaged American Infantry 95 00:06:32.680 --> 00:06:37.079 Battalion at landing Zone x Ray in the Idrang Valley, 96 00:06:37.319 --> 00:06:41.240 Republic of Vietnam. Their infantry unit was almost out of 97 00:06:41.279 --> 00:06:44.639 ammunition after taking some of the heaviest casualties of the 98 00:06:44.680 --> 00:06:49.079 war fighting off relentless attack from a highly motivated, heavily 99 00:06:49.199 --> 00:06:53.439 armed enemy force. When the infantry commander closed the helicopter 100 00:06:53.600 --> 00:06:58.199 landing zone due to intense direct enemy fire, Captain Freeman 101 00:06:58.319 --> 00:07:02.839 risked his own life by flying his unarmed helicopter through 102 00:07:02.879 --> 00:07:07.439 a gauntlet of enemy fire time after time, delivering critically 103 00:07:07.480 --> 00:07:12.519 needed ammunition, water, and medical supplies to the besieged battalion. 104 00:07:13.160 --> 00:07:16.519 His flights had a direct impact on the battle's outcome 105 00:07:16.800 --> 00:07:20.800 by providing the engaged units with timely supplies of ammunition 106 00:07:21.240 --> 00:07:24.959 critical to their survival, without which they almost would surely 107 00:07:25.000 --> 00:07:28.759 have experienced a much greater loss of life. After medical 108 00:07:28.800 --> 00:07:33.279 evacuation helicopters refused to fly into the area due to 109 00:07:33.360 --> 00:07:39.040 intense enemy fire, Captain Freeman flew fourteen separate rescue missions, 110 00:07:39.079 --> 00:07:44.560 providing life saving evacuation of an estimated thirty seriously wounded soldiers, 111 00:07:44.879 --> 00:07:47.879 some of whom would not have survived had he not acted. 112 00:07:48.839 --> 00:07:52.319 All flights were made into a small emergency landing zone 113 00:07:52.519 --> 00:07:56.759 within one hundred to two hundred meters of the defensive perimeter, 114 00:07:57.000 --> 00:08:01.439 where heavily committed units were perilously holding off the attacking elements. 115 00:08:02.079 --> 00:08:07.480 Captain Freeman's selfless acts of great valor, extraordinary perseverance, and 116 00:08:07.639 --> 00:08:10.879 intrepidity were far above and beyond the call of duty 117 00:08:11.120 --> 00:08:14.519 or mission, and yet set a superb example of leadership 118 00:08:14.720 --> 00:08:19.519 and courage for all his peers. Captain Freeman's extraordinary heroism 119 00:08:19.519 --> 00:08:21.839 and devotion to duty or in keeping with the highest 120 00:08:21.879 --> 00:08:25.839 traditions of military service, and reflect great credit upon himself 121 00:08:25.879 --> 00:08:29.120 his unit in the United States Army. And I will 122 00:08:29.160 --> 00:08:32.639 simply cap this little story with this. I've read more 123 00:08:32.720 --> 00:08:36.879 Vietnam books than I can possibly count of different units, 124 00:08:37.039 --> 00:08:42.279 Army units, marine units, MACVIE SAG units, long long long 125 00:08:42.320 --> 00:08:51.039 distance reconnaissance units. That helicopter sound for those guys when 126 00:08:51.080 --> 00:08:55.440 they were besieged behind enemy lines, when they were surrounded, 127 00:08:56.159 --> 00:09:02.960 that helicopter sound was the greatest of their lives, and 128 00:09:03.080 --> 00:09:05.559 vice versa. Because these stories are out there, there are 129 00:09:05.600 --> 00:09:09.799 plenty of them. Every helicopter pilot was it ed w Freeman. 130 00:09:10.840 --> 00:09:16.519 Helicopters that got close and then simply took off because 131 00:09:16.519 --> 00:09:20.679 the danger was too great to hear the emotions of 132 00:09:20.720 --> 00:09:24.559 the guys on the ground As the helo leaves. You 133 00:09:24.639 --> 00:09:30.159 want to cry into the book you're reading. They feel like, well, 134 00:09:30.200 --> 00:09:37.240 that's it. I'm gonna die now. That was my one lifeline, 135 00:09:37.279 --> 00:09:41.279 my one chance to get myself out. My buddy, he's gutshot, 136 00:09:41.360 --> 00:09:43.320 he's bleeding out. I need him on it. That was 137 00:09:43.399 --> 00:09:48.840 his one chance. That helicopter is gone. They were not 138 00:09:49.039 --> 00:09:52.279 all ed W. Freeman, but there were many, many, many 139 00:09:52.480 --> 00:09:58.440 insanely brave helicopter pilots in Vietnam. If you have one 140 00:09:58.480 --> 00:10:01.240 in your family, maybe you don't really he wasn't a 141 00:10:01.279 --> 00:10:05.720 Green Beret. Maybe you don't realize the things that guy did. 142 00:10:06.200 --> 00:10:10.360 May I simply suggest ask him about his time in Vietnam. 143 00:10:11.360 --> 00:10:13.639 Maybe it's been long enough that he will feel comfortable 144 00:10:13.679 --> 00:10:17.320 talking about it. You might have a genuine American hero 145 00:10:17.559 --> 00:10:20.960 in your family, and we don't. We don't have much 146 00:10:21.000 --> 00:10:23.960 longer with our Vietnam vets. They're getting old, all right, 147 00:10:24.799 --> 00:10:37.080 all right? Clinton wore it is the Jesse Kelly Show 148 00:10:37.399 --> 00:10:39.879 on a wonderful Monday. I know, I said we're going 149 00:10:39.919 --> 00:10:42.000 to talk about caps on credit card debt. You're gonna 150 00:10:42.000 --> 00:10:43.440 have to pull it off on that for a second, 151 00:10:43.440 --> 00:10:46.360 because I have a guilty conscience and I just want 152 00:10:46.360 --> 00:10:48.799 to let you know what a terrible failure I am 153 00:10:48.960 --> 00:10:53.559 from time to time. So here's what happened. Maybe this 154 00:10:53.600 --> 00:10:56.399 will maybe this will be inspiring to you to not 155 00:10:56.440 --> 00:11:01.360 be like me. But here's what happened. I've told you. 156 00:11:01.440 --> 00:11:04.320 I know it's lame. I know it's lame. Don't make 157 00:11:04.320 --> 00:11:07.360 fun of me that I'm trying to make twenty twenty 158 00:11:07.440 --> 00:11:12.159 six the healthiest year of my life. Why are you 159 00:11:12.159 --> 00:11:14.679 already laughing, Chris? How do you think this makes me feel? 160 00:11:14.799 --> 00:11:18.840 It's not gay? What Chris? It is not? Anyway, We're 161 00:11:18.840 --> 00:11:21.480 gonna ignore Chris. I'm gonna try to make it the 162 00:11:21.559 --> 00:11:26.000 healthiest year of my life. And so little steps. Okay, 163 00:11:26.120 --> 00:11:29.320 I'm not off. I'm not eating lettuce all day. Little steps. 164 00:11:30.399 --> 00:11:33.639 I have joked before about fasting for two hours or 165 00:11:33.720 --> 00:11:40.080 three hours, but on occasion, I do fast on Mondays. 166 00:11:40.120 --> 00:11:43.080 I'll eat dinner on Sunday and my next meal will 167 00:11:43.120 --> 00:11:45.799 be dinner on Monday. I can't sit and tell you 168 00:11:45.840 --> 00:11:48.440 about the science of it because I don't know. I 169 00:11:48.480 --> 00:11:51.639 know that fitness guys I talk to and I'm friends with, 170 00:11:51.759 --> 00:11:54.879 tell me it's great to reset your body. It's great 171 00:11:54.960 --> 00:11:57.440 for your blood sugar, it's great to burn up fat 172 00:11:57.600 --> 00:12:00.639 that I just keep hearing. It's great. So it's not 173 00:12:00.720 --> 00:12:03.879 all the time. I'm not a monk. It's one day 174 00:12:03.879 --> 00:12:09.080 a week. Today, I wake up messing around with Ob 175 00:12:09.120 --> 00:12:13.039 in the house, and I tell you know, I think 176 00:12:13.039 --> 00:12:16.960 I'm gonna fast today until dinner. Bob has this dinner plan. 177 00:12:17.120 --> 00:12:22.759 She's making this garlic chicken pasta, heavenly stuff. I say, 178 00:12:22.799 --> 00:12:26.360 you know, I think I'm gonna fast until dinner. Well, 179 00:12:26.399 --> 00:12:28.240 I have to go get my hair cut. I go 180 00:12:28.279 --> 00:12:31.120 get my haircut before work. Shut up, Chris. You know 181 00:12:31.279 --> 00:12:33.159 there's more to it than you think. I have to 182 00:12:33.200 --> 00:12:37.080 go get my hair cut before work. Get my hair cut. 183 00:12:38.519 --> 00:12:42.000 I'm on the way to work. There's an in and 184 00:12:42.000 --> 00:12:45.279 out burger on the way to work. No, Chris, listen, 185 00:12:45.320 --> 00:12:49.159 let me finish the story. I decide, you know what, No, 186 00:12:50.320 --> 00:12:52.440 if you're gonna break your fast early because I was 187 00:12:52.519 --> 00:12:56.159 really hungry, at least, don't let it be in an 188 00:12:56.159 --> 00:12:59.559 out burger, don't go don't go all in. All right, 189 00:12:59.639 --> 00:13:03.639 don't go all in. So I'm proud of this. I 190 00:13:03.799 --> 00:13:08.120 drove right by the in and out burger. But then 191 00:13:11.159 --> 00:13:16.639 temptations sometimes is too much. Sometimes if you're not strong 192 00:13:16.759 --> 00:13:22.320 enough temptation can bring you down. I pass in an outburger. 193 00:13:23.320 --> 00:13:26.080 But what's coming up in the distance on the way 194 00:13:26.120 --> 00:13:30.879 to work a Torchies Tacos. I don't expect you to 195 00:13:30.879 --> 00:13:33.120 know what Torchies tacos is. If you're in Texas, you 196 00:13:33.159 --> 00:13:35.440 definitely know what it is. If you're not, just know 197 00:13:36.279 --> 00:13:39.799 that they have things like fried chicken tacos that have 198 00:13:39.960 --> 00:13:45.440 queso poured in them. Okay, it's just amazing. There's a 199 00:13:45.480 --> 00:13:50.399 Torchies Tacos coming up, and I break. I decide I'm 200 00:13:50.440 --> 00:13:53.960 going into Torchies Tacos. But but I'm not going to 201 00:13:54.039 --> 00:13:57.720 go all in. My normal all in order at Torchies 202 00:13:57.799 --> 00:14:02.240 Tacos is two of those fried chicken tacos with queso 203 00:14:02.320 --> 00:14:06.039 in them. Then I get chips and kso, and then 204 00:14:06.399 --> 00:14:08.960 I get a Mexican coke to wash it down with. 205 00:14:09.159 --> 00:14:12.159 That's my normal go to order at Torchies. But I'm 206 00:14:12.240 --> 00:14:15.600 fasting and I'm having a healthier twenty twenty six, so 207 00:14:15.759 --> 00:14:18.799 not today. On the way to Torchies. Once I make 208 00:14:18.840 --> 00:14:21.679 the commitment that I'm going, I decide, you know what, 209 00:14:22.279 --> 00:14:26.120 I'm getting one taco instead of two today. I'll get 210 00:14:26.159 --> 00:14:30.559 my chips and kso. But I'll get one taco, chips 211 00:14:30.639 --> 00:14:34.720 and kso in a water, just gonna get a water, 212 00:14:35.120 --> 00:14:37.679 gonna hydrate with all of it. That's why are you 213 00:14:37.759 --> 00:14:41.000 rubbing your head, Chris. That's half of what I normally do. 214 00:14:42.279 --> 00:14:44.200 But then by the time I pulled in, I was 215 00:14:44.320 --> 00:14:49.639 really hungry, and I decided that one taco probably wasn't 216 00:14:49.679 --> 00:14:54.399 gonna be enough. So I know, Chris, the flesh is weak. 217 00:14:55.320 --> 00:14:59.080 I walk into Torchies Tacos and I go up and 218 00:14:59.120 --> 00:15:03.000 I'm ordering, and I got the two tacos, and I 219 00:15:03.039 --> 00:15:06.000 got the keso, and then they had the cokes in 220 00:15:06.039 --> 00:15:09.120 one of those clear fridges right what, Chris, right behind 221 00:15:09.159 --> 00:15:12.120 the catch register. They had the clear cokes right there 222 00:15:12.159 --> 00:15:15.879 behind the catch register. And I got a Mexican coke too. 223 00:15:16.360 --> 00:15:18.960 And it's not just that I got all the tacos 224 00:15:19.320 --> 00:15:22.799 and the caso and the coke. I hate every single 225 00:15:22.840 --> 00:15:28.960 bite and I drank every single drop of the coke. 226 00:15:30.000 --> 00:15:33.360 I wanted today to be a success. I want I 227 00:15:33.480 --> 00:15:35.360 really truly wanted it. I could, and you know what, 228 00:15:35.399 --> 00:15:37.480 I felt like it was gonna be. I felt like 229 00:15:38.000 --> 00:15:44.559 Today's gonna be my day. It wasn't. I failed, but 230 00:15:44.639 --> 00:15:47.879 tomorrow's a new day. We shall try again, maybe all 231 00:15:47.919 --> 00:15:51.120 fast again tomorrow. Chris, Hey, I didn't. Yeah, I did 232 00:15:51.120 --> 00:15:55.399 skip breakfast. Let's be honest. I skipped the breakfast burning fat. 233 00:15:55.559 --> 00:15:57.840 Here was Trump talking about credit card debt. 234 00:15:57.960 --> 00:16:02.360 I want a cat part credit card interest, Rachel, because 235 00:16:02.399 --> 00:16:04.960 you know some of them for twenty eight almost thirty percent, 236 00:16:05.879 --> 00:16:09.440 and that people don't know they're paying thirty percent. The 237 00:16:09.559 --> 00:16:11.440 people out there and you know they're working, and they 238 00:16:11.480 --> 00:16:14.600 have no idea that they're paying thirty percent. No way, 239 00:16:14.879 --> 00:16:17.120 you've been putting a one year cap or ten percent, 240 00:16:17.879 --> 00:16:21.799 and that's it. They don't. They've really abused the public, 241 00:16:21.840 --> 00:16:24.799 and credit card companies have totally abused. I'm not gonna 242 00:16:24.840 --> 00:16:25.399 let it happen. 243 00:16:26.360 --> 00:16:30.519 Okay, all right, So what I'm about to say is 244 00:16:30.600 --> 00:16:35.240 going to be insanely offensive, potentially to you. It is 245 00:16:35.279 --> 00:16:39.960 important to remember Jesse at Jesse kellyshow dot com is 246 00:16:40.000 --> 00:16:43.559 my email address. But it is critically important that you 247 00:16:43.639 --> 00:16:47.159 remember that. I don't care if you were offended. All right, 248 00:16:47.879 --> 00:16:50.919 it doesn't matter to me at all, because what I'm 249 00:16:50.960 --> 00:16:54.480 about to say is my intention is to help you, 250 00:16:55.000 --> 00:16:58.080 not hurt you. My intention is to help. It may 251 00:16:58.120 --> 00:17:02.440 not come across very nicely. But I'm going to give 252 00:17:02.440 --> 00:17:06.160 it to you. You ready, hang on? It is the 253 00:17:06.480 --> 00:17:12.359 Jesse Kelly Show on a fantastic, wonderful, wonderful Monday. If 254 00:17:12.359 --> 00:17:14.200 you mess any part of the show, you can download 255 00:17:14.200 --> 00:17:17.480 the whole thing on iheard spotify iTunes. All right, it's 256 00:17:17.519 --> 00:17:19.519 time to offend some people. Here was Trump. 257 00:17:19.599 --> 00:17:24.079 I want a cap or credit card interest, Rachel, because 258 00:17:24.160 --> 00:17:26.720 you know some of them are twenty eight almost thirty percent, 259 00:17:27.640 --> 00:17:31.240 and that people don't know they're paying thirty percent. The 260 00:17:31.319 --> 00:17:33.200 people out there and you know they're working, and they 261 00:17:33.240 --> 00:17:36.359 have no idea that they're paying thirty percent. No way, 262 00:17:36.799 --> 00:17:39.759 We're putting a one year cap at ten percent, and 263 00:17:39.839 --> 00:17:43.680 that's it. They know they've really abused the public a 264 00:17:43.759 --> 00:17:46.599 credit card company, so totally abuse it. I'm not gonna 265 00:17:46.640 --> 00:17:47.200 let it happen. 266 00:17:47.799 --> 00:17:52.920 Okay, Now, I am not going to defend the credit 267 00:17:52.960 --> 00:17:55.200 card company. So if you're waiting for that, you're going 268 00:17:55.279 --> 00:17:57.880 to be waiting a long time. And I'm certainly not 269 00:17:57.920 --> 00:18:02.039 going to defend thirty percent interest. Thirty percent interest is insane. 270 00:18:02.759 --> 00:18:10.000 Ripping people off for thirty percent is crazy. However, you 271 00:18:10.039 --> 00:18:14.720 should be paying off your credit card every month. You 272 00:18:14.759 --> 00:18:18.359 should never carry a balance on your credit card. If 273 00:18:18.400 --> 00:18:23.079 you find yourself in dire straits vehicle bills, medical bills, 274 00:18:23.119 --> 00:18:29.079 home bills, something like that. Find someone else, a local bank, 275 00:18:29.160 --> 00:18:32.519 you have a relationship someone who will loan you money 276 00:18:33.039 --> 00:18:37.799 at single digit interest rates. Don't freak out, I need 277 00:18:37.839 --> 00:18:41.319 a new transmission and put it on your VISA card. 278 00:18:41.680 --> 00:18:45.559 Don't do that. Thirty You never get out of thirty percent. 279 00:18:45.599 --> 00:18:49.559 That's mafia rates. I'm not defending the rates. I'm not 280 00:18:49.720 --> 00:18:55.759 defending credit card companies at all. But let's discuss how 281 00:18:55.799 --> 00:18:59.680 this works economically. I'm gonna put a cap on it 282 00:18:59.680 --> 00:19:03.960 at all. Right, let's stick with Visa because that's a 283 00:19:04.000 --> 00:19:08.000 big one. Everyone will know Visa. I'm Visa. I'm gonna 284 00:19:08.039 --> 00:19:10.160 make up a bunch of numbers here, Okay, just to 285 00:19:10.160 --> 00:19:15.079 make it easier to understand, I'm Visa. I make one 286 00:19:15.160 --> 00:19:17.680 hundred million dollars a year. They obviously make a lot 287 00:19:17.720 --> 00:19:19.079 more than that. Again, I'm going to try to make 288 00:19:19.079 --> 00:19:22.880 it easy to understand I make one hundred million dollars 289 00:19:22.920 --> 00:19:28.440 a year. That's what I make in Visa. Now, what 290 00:19:28.519 --> 00:19:34.400 do I give back to customers in order to incentivize 291 00:19:34.440 --> 00:19:36.759 them to get a Visa card because I don't want 292 00:19:36.799 --> 00:19:38.319 them to have a Master card. I don't want them 293 00:19:38.359 --> 00:19:40.880 to have an American Express card or a Discover card. 294 00:19:41.200 --> 00:19:44.000 I want them to have a visa card. Well, in 295 00:19:44.079 --> 00:19:46.559 order for them to get a visa card, or choose 296 00:19:46.559 --> 00:19:49.200 a Visa card over other cards, I have to present 297 00:19:49.319 --> 00:19:52.279 them with something. So what does every single credit card 298 00:19:52.319 --> 00:19:55.119 company do now, every one of them. You see it 299 00:19:55.160 --> 00:19:58.599 all over the television set every day all day. What 300 00:19:58.640 --> 00:20:03.000 do they give you? They give you something back, maybe 301 00:20:03.039 --> 00:20:06.599 it's cash back. Maybe you have an airline credit card. 302 00:20:06.640 --> 00:20:08.519 I looked up one over the weekend, just kind of 303 00:20:08.559 --> 00:20:12.519 curious about them. United has all these United Visa cards 304 00:20:12.519 --> 00:20:15.319 where you could get a free first class ticket a year, 305 00:20:15.519 --> 00:20:18.640 or free access to the United Lounge, or free the 306 00:20:19.400 --> 00:20:26.759 free hotel upgrades. They're giving you giving the customer something back. 307 00:20:27.119 --> 00:20:33.119 It's always small, but something back to incentivize you to 308 00:20:33.400 --> 00:20:39.440 choose them. Now, how do they give it back? Because 309 00:20:39.480 --> 00:20:43.960 we all know nobody gives anything. In order for the 310 00:20:44.119 --> 00:20:47.440 United Visa card to give me and my wife, I 311 00:20:47.440 --> 00:20:49.720 don't have one of these, but in order for United 312 00:20:49.799 --> 00:20:53.240 to give me and my wife free first class tickets 313 00:20:53.359 --> 00:20:58.839 every year, well they have to make money. But they 314 00:20:58.839 --> 00:21:02.319 don't make money on me because I got my first 315 00:21:02.319 --> 00:21:05.240 credit card when I was fifteen. Yes, back in the day, 316 00:21:05.279 --> 00:21:07.039 you could get a credit card if your parents co 317 00:21:07.160 --> 00:21:09.480 signed at that age, because my parents wanted me to 318 00:21:09.480 --> 00:21:16.920 start building credit. And so I'm coming up on thirty years. Well, yeah, 319 00:21:17.039 --> 00:21:19.680 thirty years where they've never made a dime on me. 320 00:21:19.720 --> 00:21:21.480 I pay myne not for every month. So if they 321 00:21:21.559 --> 00:21:25.759 don't make money on me, how do they make money. 322 00:21:26.240 --> 00:21:31.039 They make money on all those buffoons who pay thirty 323 00:21:31.079 --> 00:21:34.079 percent interest because they don't pay off their credit card 324 00:21:34.640 --> 00:21:37.599 every single month. Now pause for a moment. If this 325 00:21:37.759 --> 00:21:42.920 is you, I want you to understand something. I have 326 00:21:43.039 --> 00:21:46.599 known people in my life who buried themselves in credit 327 00:21:46.640 --> 00:21:51.799 card debt, and I've known people who have clawed their 328 00:21:51.839 --> 00:21:55.880 way out and never did it again. If it is you, 329 00:21:56.279 --> 00:21:59.400 if you've made these bad decisions, you can get out 330 00:21:59.440 --> 00:22:02.039 of it. Will take time, there are things, there are 331 00:22:02.079 --> 00:22:04.519 steps you can take, but I promise you can get 332 00:22:04.519 --> 00:22:06.119 out of it. Just because you did something done in 333 00:22:06.160 --> 00:22:08.119 the past doesn't mean to have to continue. So keep 334 00:22:08.160 --> 00:22:09.799 that in mind. You can get out of it. Now 335 00:22:09.960 --> 00:22:13.880 back to what we were discussing, it's the people paying 336 00:22:13.960 --> 00:22:19.200 the thirty percent that allow the credit card companies to 337 00:22:19.519 --> 00:22:26.880 give anything back to anyone. So what happens if I'm Visa, 338 00:22:27.839 --> 00:22:31.319 I make one hundred million a year and now the 339 00:22:31.359 --> 00:22:35.039 all powerful federal government comes in and says you're not 340 00:22:35.200 --> 00:22:39.000 allowed to charge those interest rates. We can skip over 341 00:22:39.079 --> 00:22:41.960 a bunch of other steps, but let me explain to 342 00:22:42.039 --> 00:22:46.160 you what's going to happen. Normal people with normal credit 343 00:22:46.519 --> 00:22:50.480 will no longer have access to credit cards, and or 344 00:22:50.920 --> 00:22:55.480 the interest will eventually go up because he said we're 345 00:22:55.519 --> 00:22:58.559 going to cap it. The first year Visa still has 346 00:22:58.640 --> 00:23:01.720 to make it's one hundred million dollars. You see, it's 347 00:23:01.759 --> 00:23:05.440 a for profit corporation. They're not going to change that. 348 00:23:05.920 --> 00:23:13.200 The federal government, any government putting in price controls, always, always, always, always, 349 00:23:13.279 --> 00:23:17.000 always burn this into your memory. A thousand percent of 350 00:23:17.000 --> 00:23:21.480 the time. The price controls will hurt the poor. The 351 00:23:21.559 --> 00:23:27.000 price controls always hurt the people they're sold as trying 352 00:23:27.039 --> 00:23:30.200 to help. This is the well, they don't know any better. 353 00:23:30.359 --> 00:23:34.160 People don't know they work, they're paying thirty percent. You 354 00:23:34.200 --> 00:23:36.039 know what they're gonna know when they don't get a 355 00:23:36.039 --> 00:23:40.359 credit card at all. My credit scores over eight hundred 356 00:23:40.440 --> 00:23:42.160 it's not because I have money. It's because I pay 357 00:23:42.160 --> 00:23:44.039 off my bills every single month, and I always have 358 00:23:44.200 --> 00:23:47.880 for forty four years on this planet. No matter what, 359 00:23:48.160 --> 00:23:50.799 I'm going to have a credit card. Credit card companies 360 00:23:50.799 --> 00:23:53.559 are going to compete for me. Credit card companies are 361 00:23:53.559 --> 00:23:56.599 going to offer me new and improve benefits because they 362 00:23:56.680 --> 00:24:00.519 want my business forever. But that person with a six fifty, 363 00:24:00.720 --> 00:24:04.000 maybe that's you, person with a six hundred. The credit 364 00:24:04.079 --> 00:24:07.519 card companies are gonna say, uh, I have to take it. 365 00:24:08.480 --> 00:24:11.440 I have to take a risk with you, and I 366 00:24:11.480 --> 00:24:16.640 only get to charge ten percent. Sorry, you don't get 367 00:24:16.640 --> 00:24:20.079 a credit card or they'll tell you this, Yeah, no, no, no, 368 00:24:20.160 --> 00:24:24.960 we'll give you a credit card. Congratulations. One thousand dollars 369 00:24:25.000 --> 00:24:27.000 annual fee is what it's going to cost you to 370 00:24:27.039 --> 00:24:28.799 take our credit card. You know that credit card you 371 00:24:28.839 --> 00:24:31.039 get for free. Now you're ready to pay one thousand 372 00:24:31.079 --> 00:24:34.640 dollars for it next year. I understand the thinking in 373 00:24:34.640 --> 00:24:37.200 the Trump administration, and in fact, I actually want to 374 00:24:37.200 --> 00:24:40.759 applaud the motivation behind it. At least you're attempting to 375 00:24:40.799 --> 00:24:44.880 help working people. I like the idea of helping working people. 376 00:24:45.279 --> 00:24:49.559 Price controls do not work. They have never worked. They 377 00:24:49.640 --> 00:24:53.359 will never work at all. And I hate credit card companies. 378 00:24:53.559 --> 00:24:57.240 Thirty percent is robbery. Don't pay them that either. Don't 379 00:24:57.279 --> 00:25:00.200 get a credit card, or if you get one, pay 380 00:25:00.240 --> 00:25:03.480 it off every single month. If you are buried in 381 00:25:03.519 --> 00:25:06.440 credit card debt, find a smart way. Go into your 382 00:25:06.480 --> 00:25:08.960 local bank. Don't call one of these ripoff phone numbers. 383 00:25:09.200 --> 00:25:12.319 Call go into a local bank. Say here's where I am. 384 00:25:12.680 --> 00:25:16.000 I'm maxed out here, maxed out there. What can you do? 385 00:25:16.359 --> 00:25:20.079 You may find yourself with a six percent interest loan 386 00:25:20.160 --> 00:25:23.720 from your local bank, credit cards paid off, You eventually 387 00:25:23.759 --> 00:25:26.559 pay that off. You're free and clear and done. But 388 00:25:26.759 --> 00:25:30.240 don't pay thirty percent interest. And the solution for that 389 00:25:30.720 --> 00:25:33.720 is not the federal government putting a cap on it. 390 00:25:33.720 --> 00:25:37.200 It's only going to make the whole crappy industry even 391 00:25:37.400 --> 00:25:41.319 crappier somehow. And don't send me your freaking emails about 392 00:25:41.359 --> 00:25:44.759 you don't understand I got a frozen pizza for Christmas 393 00:25:44.759 --> 00:25:47.440 one year. Don't tell me I don't understand what it's like. 394 00:25:47.720 --> 00:25:51.319 I know exactly what it's freaking like. I know exactly 395 00:25:51.359 --> 00:25:54.160 what it's like. Yeah, yeah, but I yeah, but I 396 00:25:54.440 --> 00:25:57.559 we're not changing a national policy that will wipe it 397 00:25:57.599 --> 00:26:01.160 out for three hundred million people. Because as you're Tranny Blue, 398 00:26:01.480 --> 00:26:08.160 I'm sorry, ridiculous, crazy, stupid, populous crap. Let's set that aside. 399 00:26:08.400 --> 00:26:11.400 Just go to port some more people and arrest FBI agents. 400 00:26:11.519 --> 00:26:16.000 We'll do some emails. Next is the Jesse Kelly Show 401 00:26:16.440 --> 00:26:20.799