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

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on this eleventh day of November. It's Tuesday, the eleventh

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of November, year of Our Lord, twenty twenty five. My

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name is Tom Sullivan. It is a Veterans Day, and

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so a big shout out and congratulations and cheer and

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thank you to all the veterans in the audience today.

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Appreciate you coming by, Appreciate you on many, many levels. Well,

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where do you want to start today? We've got last

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night the Senate did their vote and past the budget bill,

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so that means that they are going to reopen the

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government after it goes over to the House of Representatives

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and the House has to gather and Mike Johnson, the Speaker,

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looks like it's going to be a Wednesday afternoon vote.

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Once that happens, then it goes over to the White House.

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President signs it and the government is back in business.

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There are a number of people to chime in on this,

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I guess the first one is let's start with for

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those of you that are travelers, what do you want

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to know? Well, is the airspace going to be back

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working or the air traffic controllers going to be back working?

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Sean Duffy, the Secretary of Transportation, gives this his best guess.

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Speaker 2: If we see the government reopen this week, could we

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see delay for Thanksgiving travel?

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Speaker 3: So it depends on how are we going to have

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air traffic controllers come into work. And if we have

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the controllers showing up, I know, I think we're going

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to be back to you know, regular flight schedules with

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regard to controlling the airspace will be up and up

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and running.

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Speaker 1: Well, let's hope. So it all depends upon again, the

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airlines have to they had to go through and completely

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rejigger their schedule, so now they have to rejigger it again,

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and the air traffic controllers will be back to work,

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I presume pretty quickly. So I would expect if you're

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traveling for Thanksgiving that it's going to be close. But

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I think things should be back to normal by the

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time we got there. But how did how did this

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hole shutdown come about? I mean, what a disaster this was.

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Mary Catherine Ham always has an interesting observation.

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Speaker 4: Yeah, they put themselves in this position. He put in

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in this position. And I've seen a lot of dumb

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shutdowns that achieved nothing, But this was a very dumb

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shutdown that achieved nothing. And the problem for Democrats, of course,

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is that there really are people hurting, and a lot

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of those people are their own constituents, and so it's

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been sort of astonishing to see the party that loves

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government rejoice that the government was shut down long enough

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to help them boost numbers in two state elections, hurting

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people in the process, as they always say, when there's

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a shutdown from the other side, and then when a

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couple of people get sense and say, wait, but we

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like the government to operate, let's open it again, they

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get mad at those guys, and they've demoralized their base

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in the process. This is because the ask that they

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were doing, which was for the extended Obamacare subsidies, which

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by the way, have no income cap go to rich people,

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go to a lot of fraud, were meant to be

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temporary and in an emergency situation during COVID when they

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asked for those that wasn't really the ask. The reason

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they were doing the shutdown was because everyone was ticked

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off and they wanted to show they were fighting, but

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they were never going to get anything because Johnson Trump

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soon all turned out to be immune to the media

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pressure over this, which was not put on Democrats as

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it should have been, and was put on Republicans.

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Speaker 2: And here we are.

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Speaker 4: They've taken their big electoral win and turned it to

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demoralization for their base.

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Speaker 1: So she thinks this was all to do about nothing.

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I hurt somebody calling it the Seinfeld shut down because

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Seinfeld was the show about nothing, and this shutdown was

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basically about nothing. So that brings up the question about

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and there's a lot of knives that are out for

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Chuck Schumer. Let's start with David Axelrod, big big, big Democrat,

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who had this to say.

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Speaker 5: David Ashrodam, do you think the Schumer could be in

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trouble here with the left flank of the party.

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Speaker 6: I think he's been in trouble. I think he is

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in bigger trouble now. I honestly, I think Sena Schumer's

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been there since nineteen eighty two. I guess is that

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he won't be leader of the party in two and

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twenty seven after this election, unless something really surprising happens.

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But one thing I want to say that we haven't discussed.

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We're talking about the internal strife within the Democratic Party.

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Democrats had internal strife before these elections last Tuesday, and

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they unified because they had a bigger concern, which was

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Donald Trump. And I think one of the problems Republicans

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have to consider now is Democrats did do a very

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good job of shining a bright light on this Affordable

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Care Act issue, on the general issue of health care costs,

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and now Republicans were steadfast in opposing a solution to it.

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Maybe they'll change their mind, but this is a heavy

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burden for them to carry into the midterm elections. Is

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and healthcare has not been fixed. The Affordable Care Act,

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Obamacare was an attempt by one party. Remember, not a

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Republican voted for that. That was totally done by the Democrats,

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using legislative tricks, parliamentary tricks to get that passed. And

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when you do that at the time, people said, every

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time Congress has done that in history, it always turns

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out to be a disaster. And so it hasn't fixed

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health care. I don't know if some of you may

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be very much in favor of wanting government health care.

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I personally am opposed to it because it's tried in

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many places around the world and it's not something that

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I want to participate in.

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Speaker 2: Maybe you do.

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Speaker 1: Mark Alford, he is a Republican, he is from the

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state of Missouri, and he says, when they get back

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to work, they're going to start working on trying to

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do something about.

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Speaker 2: Healthcare working hard in our district.

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Speaker 7: It's going to be good to get back on that

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floor tomorrow and vote for this continuing resolution, the same

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one basically that we voted on September nineteenth to fully

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fund the government, and now three appropriation bills that we

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have previously passed are going to be attached to that. Look,

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we have to provide I think some relief for health care.

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Healthcare that the Democrats broke it. It has really devastated

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our healthcare system. Premiums have gone up. These subsidies that

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are going directly to the insurance companies are not right.

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I agree with President Trump maybe we should look at

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giving this money back to the American people and let

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them decide what to do with that money. But this

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has got to go through regular order, and I think

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when Jake was talking with Speaker Johnson, that's what Speaker

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Johnson was saying. We can have these conversations. Number One,

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it was not time to have this conversation while the

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Democrats were holding the American people hostage. Now that that

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is just about over, we can start having these discussions

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through regular order, through the appropriate committees, and then to

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get it to the House floor. This has got to

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be a bipartisan deal though. You know, the healthcare system

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broke under Obamacare, and as President Trump said, well, I'm

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not going to repeat his exact words for it, but

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it's not ideal, and we're going to have to work

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together to get this fixed because the solutions are going

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to be tough. I don't think we're ever going to

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go back to the way things were, but definitely something

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has to be done. I think Speaker Johnson is committed

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to that, and I think most Republicans are as well.

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Speaker 1: That's interesting, but it's not going to happen before the

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end of January. They're not going to solve the nation's

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healthcare twenty percent of our nation's economy. They're not going

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to solve it. And by the way, it's not about healthcare.

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It's about health care insurance. And that is where the

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premiums and the subsidies that the government has been giving

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to people on Obamacare. They don't go to the people,

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they go to the insurance companies. Still, the insurance companies

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have been raising the price of insurance health insurance to

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the point where people can't afford it. The other thing

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about Obamacare, which has always been wrong, was they wanted

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to make sure they I guess they think we're all

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too stupid to handle this on our own. We're good

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at purchasing things, and they require that instead of going

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out and buying an insurance policy that fits your needs.

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Obamacare has a requirement that all insurance policies, health insurance

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policies must include ten things. The problem with that is

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there's things like a birth in delivery care, obstetrics, and gynecology.

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I don't want that policy. I don't need that policy.

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There's things that are just you're not going to need. Why,

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they'll let you decide what you want to buy. So

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that was what the congressman made a mention about the

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President making a comment about giving the money to the

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people directly. Well. Health savings accounts currently exist. The way

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they work is you get a credit card, you put

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money onto that credit card and that it will grow

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without taxation, and you can only spend it on pharmacy.

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Doctors' offices called the medical hospitals, whatever it might be

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in medicine. If they did that for everybody and said

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here is your health card and you can use it

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how often or as little as you want, I think

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that's promising. That take a lot of work to get

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that all figured out, but I think it's very promising.

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But back to Chuck Schumer, So Axelrod says he's not

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going to stay as the head of the the Democrats

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in the US Senate. He doesn't see it. You know

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who weils doesn't see it.

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Speaker 3: Bernie Sanders, Well, he's leading you all in the Senate

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right now.

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Speaker 2: Do you think he should be replaced by whom?

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Speaker 8: Well, that's the point, you know. The question is if

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somebody look again, Schumber's views are very different than mine.

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He is an establishment Democrat, no secret, I am not.

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I hope that by electing new members of the Senate

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we will have in fact new leadership. But right now,

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you know, it is what it is.

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Speaker 1: So he doesn't want humor to be the leader. And

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he's from the far west side of the isle. Who

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does want be the leader? John Fetterman weighed in about

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his views about the reopening of the government.

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Speaker 9: I mean so relieved. I mean, I think my party

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crossed a line of now putting forty two American so

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it should be a forty two million Americans with their

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snap benefits and making flying less safe and that kinds

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of chaos and not paying our military. I mean that

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that was a red line for me that I can't

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cross as a Democrat. And I think that's been described

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country over the party and now that I think that's

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been the truth throughout it, and it's only wrong to

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shut our government down. And I'm relieved. But the people

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now that are going to get paid and fed, and millions,

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millions of America they're going to be flying now that's

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going to be made more safe and restored. I was

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not in a conversation or I never got any outreach.

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Everyone understood I was. I really kind of led the

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charge back in March, and then I said, I know

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we'll be back in September, and I said, I know

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where my vote will be then too. It's always a

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hard yes to keep our government open. I mean, that's

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my principle, because it's wrong to shut our government down.

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And now we knew that we would put those forty

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two million Amreamericans for snap and paying our military and

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you know, the Capitol police. I mean people have went

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five weeks without being paid. I mean that's a violation

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of my core values. And I think that it's our

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parties as well.

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Speaker 1: So Fetterman's glad to see things open back up again.

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But he was asked a question about, well, who do

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you think is running the Democrat Party at least in

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the Senate.

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Speaker 9: I no one, No one really knows. And and I

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think my values are reflected in my vote and the

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things that I support here. And if that might put

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me at odds with with parts of my party, I'm

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okay with that. I mean, we need to be a big,

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a big party, a big tent party. So for me,

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it's like these are pretty reasonable. I mean, you know,

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my party has always been opposing shutting our government down.

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I'm not sure why it's controversial now to devote these things.

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And I refuse to put all these people in the

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middle of this policeolitical kinds of brinkmanship.

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Speaker 1: He doesn't know who is in charge of his party

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in the Senate, eh, But that's John Fetterman. He's a

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maverick and he kind of goes his own way anyway,

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I don't think he really cares who's in charge. But

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what do Americans think? What do the polls say? Harry

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Benton always on top of this stuff.

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Speaker 5: What about Democrats nationwide feeling about Chuck Schumer? I think

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the word of the day is terrible, terrible, terrible, terrible,

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to quote another Charles Barkley, when it comes to Chuck Schumer.

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Look at this least popular dem Senate leader ever. I

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looked at all of the polls going all the way

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back since nineteen hundred and eighty five. The one was

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the lowest rating among Democrats is in fact, Chuck Schumer.

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Look at this, He's underwater with Democrats, his own party.

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He's underwater. He's at minus four points. That makes him

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the least popular guy for a dem Senate leader going

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all the way back since the mid nineteen eight at least.

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Speaker 2: Why why why why?

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Speaker 5: It's because Democrats they want a fighter, They want a fighter.

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Speaker 2: That's why.

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Speaker 5: Take a look here, Democrats, Dems in Congress do too

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little to oppose Trump. During the first term. It was

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just forty six percent in twenty seventeen. That's the percentage

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of Democrats who said that the Dems in Congress are

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doing too little to a post down Trump. Look at

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where we are now, sixty nine percent. That is an

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increase of get this twenty three points. The super super

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duper majority of Democrats believe that the Democrats in Congress

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are not doing enough to oppose Donald Trump. And that

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of course is a big, big, big, huge criticism of

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Chuck Schumer. And that is why he is underwater. Okay,

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so you know, you see this opening slide here, and

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you see, of course that Chuck Schumer is underwater with

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Democrats nationally. But of course, the ultimate way to get

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Chuck Schumer out of office is to beat him in

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New York State. To how do New York State democrats

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feel about Chuck Schumer? And take a look here the

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net fait among New York Democrats. Chuck Schumer is above

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water with the Democrats in his home state, but just

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by sixteen quints. Look at Alexandria Costo Kratz running way ahead.

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If she decides to challenge Chuck Schumer come twenty twenty eight,

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she's got a real leg up on the competition. I

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dare say at this point she would be the favorite

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to beat him, which would be something that would just

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blow my mind, even just a few years ago, giving

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a Chuck Schumer, of course as a New York born

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brad type of guy.

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Speaker 1: Yeah, well, AOC people have said, oh, there's no way,

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there is no way that she's going to be anything.

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But she keeps getting re elected, and she keeps going

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up in the polls, and there is an element of

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the Democrat party that likes her a lot. So Steve

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news Come, he is a reporter for a shows and

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he was basically talking about how the people of New

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York if you want to replace Chuck Schumer with AOC

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or anybody else, well, let's check on how the people

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of New York feel about Chuck Schumer.

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Speaker 10: Yes, certainly a lot of criticism for the minority leader.

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Speaker 1: This week.

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Speaker 10: To start this week, I would say that while it's

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coming from inside of his own party, it's not coming

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from inside of his own caucus at least not at

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this point. I mean a lot of the criticism is

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coming from national Democrats, House Democrats who are upset that,

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you know, Senate Democrats sort of weren't able to hold

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the line in these health care negotiations. But until that

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criticism comes from inside the Senate Democratic Caucus realistically, you know,

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it really just won't have that much of effect on

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mister Schumer because those are the ones who decide whether

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he's leader or not. And again he's not up for

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reelection until twenty twenty eight, so yes, a lot of criticism,

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but not coming from from home at least time yet.

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Speaker 1: Well New York can reelect him, maybe, but that doesn't

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make him leader. Sounds like to me the Democrats in

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the Senate are looking for somebody besides him, But the

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Democrat Party has deeper problems than Chuck Schumer. I was

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listening to an interview with Jonathan Carl. He is the

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top political reporter for ABC News, been around a long time,

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seems like a pretty straight shooter. He was on he

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wrote a book called Retribution. He's interviewed Donald Trump a

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number of times and written I think two or three

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books about Donald Trump, but this latest one is called Retribution.

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So he's on the media circuit promoting his book. So

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Katie Kerrk has a podcast and she invited him on

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to talk about his book and about President Trump. But

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he went down this road of a story about the

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bad blood in the Democrat Party between the Obama crowd

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and the Biden crowd listen to this.

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Speaker 2: No, it wasn't an interview, just just I saw him.

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You know, I don't know if you if you saw

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that he was out to dinner in Washington, d c.

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He went to he went out to dinner with a

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former Senator, Mark Pryor at Cafe Milano. Sat right there

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in my dining room, right there in the dining room,

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in front of everybody. I happened to be there. And

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you know what else was there was was Barack Obama

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who was also a dinner at Cafe Milano. But they

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didn't cross paths. They were you know, and it was

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wild seeing the Secret Service, you know, the armored SUVs

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had to kind of like Biden's had to move to

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make room for Obama's. They didn't interact. But but I

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went over and just had you know, had a few

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words with them, and.

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Speaker 11: They didn't interact at all. They were in the same restaurant.

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What's what's their relationship? Like, that's weird that they lend.

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Speaker 2: Really bad really really Yeah. Yeah, it's uh, the the

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Biden and the people around him very much, which blame

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Barack Obama for the effort to push Biden out of

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the out of the campaign, I document this.

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Speaker 11: You mean that earlier one where Hillary ran instead or

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you're talking about.

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Speaker 2: No, no, well that I mean that, yes, but no,

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I'm talking about this time around. I had extensive interviews

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with Hunter Biden for this book over the course of

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the campaign and then after it was over, and Hunter

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Biden is just you know, he's got real anger towards

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Barack Obama, and I think he's channeling not just Hunter,

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but but but the Biden family. He believes that. For instance,

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the George Clooney op ed that was such a big

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moment where Clooney calls on.

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Speaker 11: A step down.

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Speaker 2: Yeah, and they said, you know, he says to me

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on the record, Hunter says, do you really think that

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he would have done that if Barack Obama didn't say

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it was okay? I mean, do you really believe? And

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remember that moment at that fundraiser in California where Obama

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basically leads Biden off the stage. Yes, I do. There's

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another real moment that went viral. Hunter describes being there

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at that fundraiser and saying he wanted to jump up

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on the stage and say you don't grab the President

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of the United States.

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Speaker 12: Like that.

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Speaker 2: Nobody does, I mean really like angry knowing that it

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would become this moment. So it's not a good relationship.

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If they had wanted to see each other, they absolutely

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would have. They were, gosh, that far apart in the.

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Speaker 11: Restaurant something, you know, former president and his vice president

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and then you know who becomes ultimately becomes president, not

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even speaking when they're at the same restaurant. Does I

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wanted to ask you, and then we'll get back to

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the book. I think there's so many things I want

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to talk to you about. But you know, do you

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think that Joe Biden or Hunter for that matter, and

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Joe Biden's inner circle take any responsibility for the timing

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of his decision? And do you think they regret, you know,

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his not being a one term president and saying as

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much so the field could be open and the best

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candidate could run against Donald Trump? Do they have any

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you know, regrets about that?

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Speaker 2: The honest answer is not really. I mean, there's a

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little bit. I talked extensively with Hunter about this, and

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I asked him, at you know, what point was the

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decision made that he would run for reelection? And he

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said to me, you know, We never really made the decision.

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The machinery just went. And I talked to other people

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in Biden's inner circle about how about at the White House.

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They never had a single meeting where they said here

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are the pros and cons about running again. It was

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never It was just like on autopilot. And I don't

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think that there's I think that the regret that they

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feel is that the party pushed him out and Kamala

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Harris comes in and she lost. Biden himself has said

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publicly that he believes that he could have won by

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the way when he finally made that decision, and you know,

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he calls Kamala Harris and says he's dropping out. And

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I describe how Kamala Harris really pushes him to make

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the endorsement immediately, which he ultimately does, you know, half

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an hour after he announces he's dropping out. And there's

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been a lot of talk about and reporting on how

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Kamala Harris sat down and made over one hundred phone calls,

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you know, to get people to support her campaign and

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to get started. But Biden made a whole bunch of

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phone calls that night too. You can imagine somebody his

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whole career in politics. Now is it is over. He's

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run his last campaign. He calls the people that made

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it possible for him to be president, thanks them, encourages

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most of them to support Kamala Harris. I was astounded

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to hear that one person he did not call was

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Barack Obama, the person that really made it possible for

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him to be president by making a vice president. He

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didn't call him. Then Obama did call. I learned to

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talk to to Biden. He didn't take the call, and

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the two of them did not speak for weeks. They

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eventually spoke right before the convention, but can you imagine

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I mean literally not taking the call.

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Speaker 1: So behind the scenes of bad blood and the Democrat

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Party between the two most recent presidents is not good.

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Well it never was good. I mean back in twenty sixteen,

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Joe Biden was fussing because his son bo was dying,

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but he also was basically teed up to run for

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president against Donald Trump in twenty sixteen, and instead Obama

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rearranged things so that Hillar Clinton would be the Democrat

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nominee and Joe Biden was really upset about that. And

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even when he was vice president. There are many people

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in the Obama administration that said, we were worried about

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Joe Biden and the family business on the side under

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the table type stuff that they did not like, and

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they were worried about him. So there's never been any

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love between the Bidens and the Obamas, even though those

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are the top two most recent Democrat presidents. So they

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have a lot of problems. I'm trying to figure out

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where their leadership is going to be coming from. We

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get to watch in the meantime. In other news, the

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Supreme Court had another hearing today, this one on the

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mail in ballots, which I'm anxious to see how they

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figure this one out. They agreed to decide whether states

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can continue to count late arriving male ballots. The justices

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took up an appeal from Mississippi after a panel of

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three judges nominated by the Republican president on the Fifth

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US Circuit Court of Appeals ruled last year the state

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law allows ballots to arrive shortly after election day to

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be counted, but the appeals Court said no violated federal law,

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and Mississippi is one of sixteen states and the District

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of Columbia that accept mail in ballots after election day

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as long as they are postmarked honor before election day.

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So Steve Laddick is a Supreme Court expert, and this

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is his view of what's going on today at the Court.

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Speaker 12: Issue is whether the federal statute that fixes election day

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as that first Tuesday in November thereby preems thereby overrides

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states that allow for the receipt of mail in ballots,

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of absentee ballots, of overseas ballots that were cast by

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election day but that weren't received till afterwards. The Fifth Circuit,

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the Federal Appeals Court New Orleans held that the federal

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law doesn't allow for that. That's what the Supreme Court

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is going to be taken up. Yeah, I mean, okay,

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it's going to be a big impact. I mean, just

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to come back to the you know, late arriving mail

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in ballots. I mean, let's be clear on what the

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difference is. So when the rule is that your ballot

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has to be postmarked by election day, then the voters

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can control it. I mean, you know, when you go

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to the mailbox, you know, when you go to the

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post office. If the rule is that the ballot has

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to be received by election day, well all of a

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sudden we're you know, we're insert of a variable that

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individual voters won't be able to control. How long will

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the mail actually take? You know, if I mail it

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four days before election day? Will I be c if

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I mail it a week before? And we're seeing this

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in these other cases too. You know, is the Supreme

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Court going to say that states can't draw majority minority districts,

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which will invite a number of states in the South

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to redraw their district maps. I think the upside here

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is that these rulings, which we expect by next summer,

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could have a real impact on not just how we vote,

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you know, in the midterm elections next November, but for

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whom we're voting and when we vote. And I think that's,

479
00:28:31,359 --> 00:28:34,400
you know, yet again the Supreme Court really inserting itself

480
00:28:34,759 --> 00:28:39,400
into the middle of these historically very politically driven controversies. No,

481
00:28:39,519 --> 00:28:42,000
I mean, you're you're you're you're absolutely right. So the Constitution,

482
00:28:42,160 --> 00:28:47,200
Article one, section four says Congress can provide for the time, place,

483
00:28:47,240 --> 00:28:51,240
and manner of elections of the House, the Senate, the Presidency.

484
00:28:51,680 --> 00:28:54,839
But you know, the norm has historically been for Congress

485
00:28:54,880 --> 00:28:57,480
to leave this alone, for Congress to let states adopt

486
00:28:57,680 --> 00:29:00,839
their own rules to have you know, rules and retailored

487
00:29:00,839 --> 00:29:03,960
to the circumstances on the ground in their jurisdictions. This

488
00:29:04,000 --> 00:29:06,799
is why this case is so weird. The federal statute

489
00:29:07,119 --> 00:29:11,000
that the Federal Appeals Court, the Fifth Circuit claimed created

490
00:29:11,000 --> 00:29:13,839
this received by date. All it does is it says

491
00:29:13,839 --> 00:29:16,359
election day is the first Tuesday in November. People vote

492
00:29:16,599 --> 00:29:19,599
in lots of contexts before election day, and that's been

493
00:29:19,640 --> 00:29:22,440
true historically. So I think, at least in this case,

494
00:29:22,759 --> 00:29:26,000
the Supreme Court felt impelled to step in because the

495
00:29:26,039 --> 00:29:29,880
Fifth Circuit had held that the federal election day statute

496
00:29:30,000 --> 00:29:32,359
does override these state laws. You know, I think the

497
00:29:32,359 --> 00:29:35,519
Supreme Court, one way or the other, wasn't going to

498
00:29:35,599 --> 00:29:38,359
let the Federal Appeals Court in New Orleans have that

499
00:29:38,440 --> 00:29:41,119
last word. But there's a broader point here, which is

500
00:29:41,160 --> 00:29:43,720
that there are so many folks out there who have

501
00:29:43,839 --> 00:29:47,440
become very cynical of the Supreme Court, and I think,

502
00:29:47,519 --> 00:29:50,200
you know, when the Court finds itself even having to

503
00:29:50,839 --> 00:29:54,599
weigh in on these big election related disputes, really leaning

504
00:29:54,640 --> 00:29:58,119
into that controversy because there's almost no way for the

505
00:29:58,119 --> 00:30:01,559
Court to rule in these cases that won't divide Democrats

506
00:30:01,559 --> 00:30:06,039
and Republicans, and that won't make the court look ideological

507
00:30:06,119 --> 00:30:08,000
to at least one chunk of the country.

508
00:30:08,000 --> 00:30:12,440
Speaker 1: Oh sure, people will be either be thrilled or disappointed

509
00:30:12,480 --> 00:30:14,920
in whatever the court comes up with, but that won't

510
00:30:14,960 --> 00:30:18,240
be until probably June when we get the results of that.

511
00:30:18,279 --> 00:30:21,359
The big Supreme Court case is still the one they

512
00:30:21,400 --> 00:30:25,039
heard last week, which is about tariffs. And even though

513
00:30:25,079 --> 00:30:28,039
you can't read the tea leaves, from what the questions

514
00:30:28,079 --> 00:30:31,359
were by the justices, it sounds like they weren't very

515
00:30:31,400 --> 00:30:37,039
happy about the way tariffs are being assigned by the President,

516
00:30:37,119 --> 00:30:41,480
that it is an issue that is reserved for the Congress,

517
00:30:41,559 --> 00:30:44,319
not for the executive. But we'll see, because if they

518
00:30:44,400 --> 00:30:48,759
rule against the president having the ability to issue tariffs,

519
00:30:49,519 --> 00:30:55,160
it will be a massive financial shock to the system,

520
00:30:55,240 --> 00:30:57,400
There's no question about it.

521
00:30:57,720 --> 00:30:58,799
Speaker 2: And now.

522
00:31:00,480 --> 00:31:05,079
Speaker 1: President Trump's tried to get your support somehow, as if

523
00:31:05,119 --> 00:31:07,559
that's going to make a difference at the court. The

524
00:31:07,599 --> 00:31:11,880
courts are not raw politicians. Yeah, they know about the

525
00:31:11,880 --> 00:31:15,680
political world. But by President Trump saying we're going to

526
00:31:15,720 --> 00:31:19,720
give two thousand dollars to well, he started off two

527
00:31:19,759 --> 00:31:24,559
thousand dollars bonus to everybody from the tariff money so

528
00:31:24,599 --> 00:31:27,759
that you would get on board the tariffs. But now

529
00:31:27,799 --> 00:31:30,920
he's changed that to two thousand. It went to two

530
00:31:30,960 --> 00:31:34,359
thousand all but the high earners will get a two

531
00:31:34,400 --> 00:31:37,759
thousand dollar bonus. Then it went to two thousand dollars

532
00:31:37,799 --> 00:31:42,400
bonus to low and middle class people. And I will

533
00:31:42,720 --> 00:31:44,880
bet you a large lunch of the drive up window

534
00:31:45,359 --> 00:31:49,400
that there's no bonus now or never from tariffs. It's

535
00:31:49,440 --> 00:31:52,440
not going to happen. In fact, I do believe that

536
00:31:52,519 --> 00:31:58,920
the court will rule to limit somehow the tariffs that

537
00:31:59,279 --> 00:32:02,359
are being signed by the White House against all these

538
00:32:03,079 --> 00:32:07,839
countries and products. They're so broad. I can see tariffs

539
00:32:07,880 --> 00:32:13,400
there are specific, targeted and temporary, but these are everything

540
00:32:13,440 --> 00:32:18,440
and anything that arrives on our beach. So I'm looking

541
00:32:18,480 --> 00:32:23,680
for the tariff ruling to not be in the President's favor.

542
00:32:23,720 --> 00:32:25,759
And if it's not, there's not going to be any

543
00:32:25,759 --> 00:32:29,079
two thousand dollar bonus for anybody. I just don't count

544
00:32:29,119 --> 00:32:30,519
on it, That's all I'm saying.

545
00:32:31,319 --> 00:32:32,079
Speaker 12: All Right, so.

546
00:32:32,119 --> 00:32:37,559
Speaker 1: We've got that, We've got Wall Street looks like they've

547
00:32:37,720 --> 00:32:42,839
gotten fickle on as they decided that the technology stocks

548
00:32:42,839 --> 00:32:47,519
were the big attractive stocks that were running the stock

549
00:32:47,599 --> 00:32:51,319
market up. They make up a heavy percentage of the indexes,

550
00:32:52,039 --> 00:32:57,440
but today they went a different direction. Market was positive,

551
00:32:57,880 --> 00:33:02,279
but it wasn't for tech stocks. How up five hundred

552
00:33:02,400 --> 00:33:07,079
and fifty nine points, new record high forty seven thousand,

553
00:33:07,680 --> 00:33:12,039
nine twenty seven. The SMP up fourteen, the Nasdaq, which

554
00:33:12,160 --> 00:33:17,039
is where the tech stoks live, mostly down fifty eight.

555
00:33:17,960 --> 00:33:21,319
So now up five hundred and fifty nine, Nasdaq down

556
00:33:21,400 --> 00:33:25,359
fifty eight. Gold was up eleven dollars to forty one

557
00:33:25,519 --> 00:33:30,240
thirty three, and oil up almost a dollar to sixty

558
00:33:30,319 --> 00:33:34,599
one dollars for a barrel of oil. That's it for today.

559
00:33:35,000 --> 00:33:39,680
Thank you again to all my fellow veterans out there. Tomorrow,

560
00:33:39,839 --> 00:33:46,480
I have got a big family event that I need

561
00:33:46,519 --> 00:33:50,119
to and want to attend. So we've we had a

562
00:33:50,200 --> 00:33:53,880
visit with the Salty and I recorded it. We're going

563
00:33:53,920 --> 00:33:57,759
to play that conversation with Salty tomorrow, so I hope

564
00:33:57,799 --> 00:34:00,519
you check in to find out what's going on with

565
00:34:00,839 --> 00:34:04,079
mister Salty. Thank you for coming by today, Have yourself

566
00:34:04,079 --> 00:34:11,159
a wonderful day, and we'll have the Salty conversation tomorrow.

567
00:34:13,880 --> 00:34:14,960
Speaker 8: Find out what's going on.

568
00:34:16,679 --> 00:34:17,639
Speaker 12: Thank you coming by.

569
00:34:18,920 --> 00:34:23,760
Speaker 1: Wonderful conversation tomorrow.

