1 00:00:23,920 --> 00:00:28,199 Speaker 1: And Hello, how are you doing. How's your Friday going? 2 00:00:29,160 --> 00:00:32,439 Welcome to the Big Podcast on this Friday, the twelfth 3 00:00:32,560 --> 00:00:36,840 day of December, year of Our Lord, twenty twenty five. 4 00:00:36,920 --> 00:00:41,039 My name is Tom Sullivan, So man live. We got 5 00:00:41,439 --> 00:00:45,280 we got ourselves at boatload today. The University of Michigan, 6 00:00:45,439 --> 00:00:48,960 the football program, the coach. We now know what the 7 00:00:49,039 --> 00:00:53,840 problem was there. We'll fill you in. Healthcare, the idea 8 00:00:54,159 --> 00:01:00,960 about the premiums are going to go much higher. Yes, yes, 9 00:01:01,280 --> 00:01:04,239 that is pretty much a given. But the Republicans are 10 00:01:04,280 --> 00:01:08,680 being blamed for a program that the Democrats put in 11 00:01:08,719 --> 00:01:12,079 place back of the Obamacare, and it's never been right since, 12 00:01:12,120 --> 00:01:17,000 and they're blaming the Republicans for it. Minnesota, the fraud 13 00:01:17,200 --> 00:01:22,599 over a billion dollars. Photos released by the Epstein Estate 14 00:01:23,920 --> 00:01:27,920 today will fill you in on who were the smiley 15 00:01:27,959 --> 00:01:31,200 faces on that. And if we get to the economy, 16 00:01:31,239 --> 00:01:34,719 a couple of people talking about what they think the 17 00:01:34,760 --> 00:01:37,480 economy is going to be doing going forward from here. 18 00:01:37,920 --> 00:01:44,920 Let us start today with the coach at Michigan, Sharon Moore. 19 00:01:45,760 --> 00:01:49,840 The guy had been within the you know, one of 20 00:01:49,879 --> 00:01:53,879 the other coaches, not the head coach, but doing all 21 00:01:53,920 --> 00:01:55,959 the various other coaching jobs. He's had a number of 22 00:01:56,000 --> 00:01:58,439 them at Michigan for a number of years, and he 23 00:01:58,519 --> 00:02:01,920 worked his way up to become two second year now 24 00:02:01,959 --> 00:02:04,920 that he had his head coach of Michigan. Michigan is 25 00:02:04,959 --> 00:02:08,759 one of the more prominent football programs in the country. 26 00:02:09,240 --> 00:02:12,879 I've heard it reported they're the most winning, winningest football 27 00:02:12,960 --> 00:02:16,919 program college football program in the country. And this guy's 28 00:02:16,919 --> 00:02:19,120 been running the thing for the last two years. Well, 29 00:02:20,960 --> 00:02:23,560 I've got a bunch of people that are talking about 30 00:02:23,639 --> 00:02:26,439 this and it's not good. One of the things that's 31 00:02:26,479 --> 00:02:29,280 coming to Well, what happened. Let me give you the well, 32 00:02:29,319 --> 00:02:36,199 fillering with the blanks. Apparently the university found out about 33 00:02:36,280 --> 00:02:39,719 the fact that the coach was having an affair with 34 00:02:39,840 --> 00:02:44,439 his executive assistant and it's been going on apparently for 35 00:02:44,560 --> 00:02:49,240 quite some time. The coach is also married with three 36 00:02:49,680 --> 00:02:59,439 young daughters, little kids, so that wasn't good. When Michigan 37 00:02:59,520 --> 00:03:02,000 found out about it, they went to the coach and 38 00:03:02,039 --> 00:03:05,439 they said, you have to you have to get rid 39 00:03:05,439 --> 00:03:09,960 of her. So he fired his executive assistants. What we're 40 00:03:10,000 --> 00:03:15,000 finding out so far, he fired the executive assistant. She 41 00:03:15,400 --> 00:03:22,960 was not happy. She has lots of receipts of love notes, messages, text, 42 00:03:23,120 --> 00:03:26,319 you name it, she's got it, and she brought those 43 00:03:26,439 --> 00:03:33,439 to the administration of the university. She's mad. So they 44 00:03:33,479 --> 00:03:36,400 saw that and they said, okay, now we need to 45 00:03:36,439 --> 00:03:38,360 fire the coach. So they called the coach in. They 46 00:03:38,400 --> 00:03:44,639 fired him. Well, he is now mad and despondent. He 47 00:03:44,680 --> 00:03:49,080 apparently goes over after being fired, goes over to her place. 48 00:03:50,120 --> 00:03:54,039 And it depends upon which story you want to listen 49 00:03:54,080 --> 00:03:56,879 to about how he got in. But he got into 50 00:03:56,919 --> 00:04:03,039 her place and he was despondent. He went to the 51 00:04:03,120 --> 00:04:07,319 kitchen and pulled out a butter knife and threatened to 52 00:04:07,439 --> 00:04:12,159 kill himself, that she would have to watch him commit suicide. 53 00:04:12,400 --> 00:04:16,040 And so this it just went downhill from there. So 54 00:04:16,079 --> 00:04:20,959 she calls the police. The police come, they arrest him. 55 00:04:21,279 --> 00:04:25,040 He's been in jail the last couple of days. And well, 56 00:04:25,120 --> 00:04:27,959 let me play for you. This is his appearance in 57 00:04:28,079 --> 00:04:32,720 court today. The prosecutor got up and talked about how 58 00:04:32,759 --> 00:04:36,959 he terrorized this woman. She was afraid. He did not 59 00:04:37,199 --> 00:04:41,480 threaten to hurt her, but she was afraid of the 60 00:04:41,839 --> 00:04:46,399 whole commotion, emotion and him threatening suicide. Uh, so she 61 00:04:46,600 --> 00:04:51,600 wanted him. She's going after him with everything. His attorney 62 00:04:51,639 --> 00:04:55,759 stands up and basically didn't offer a defense. But they're 63 00:04:55,759 --> 00:04:59,040 all this is all the arraignment, and so they're gonna 64 00:04:59,120 --> 00:05:00,959 have He says, I don't know. I don't have all 65 00:05:01,000 --> 00:05:03,560 the details. I'll figure it out by the time we 66 00:05:03,600 --> 00:05:07,879 get to trial. So the judge then laid down the 67 00:05:07,959 --> 00:05:11,040 law on Sharon Moore. The coach. 68 00:05:13,759 --> 00:05:15,439 Speaker 2: Mister more, did you state your name please? 69 00:05:22,279 --> 00:05:22,360 Speaker 3: So? 70 00:05:22,480 --> 00:05:26,279 Speaker 2: You are not to use alcohol, marijuana, or any other 71 00:05:26,319 --> 00:05:30,639 controlled substance that is not prescribed to you. You are 72 00:05:30,639 --> 00:05:33,959 not to possess or purchase a firearm or any other 73 00:05:34,079 --> 00:05:38,600 dangerous weapon. You are not to engage in criminal conduct 74 00:05:38,759 --> 00:05:43,720 of any kind whatsoever. You may not leave the state 75 00:05:43,720 --> 00:05:51,240 of Michigan without permission of the court. Prior to your release. 76 00:05:52,120 --> 00:05:55,920 You will be placed on a GPS tethers. You will 77 00:05:55,920 --> 00:06:00,519 not be released before that GPS tether is placed upon you. 78 00:06:00,519 --> 00:06:06,120 You must continue all mental health treatment as a condition 79 00:06:06,319 --> 00:06:13,160 of your bond. The named victim in this case will 80 00:06:13,199 --> 00:06:15,959 not be placed on the record. You may not have 81 00:06:16,040 --> 00:06:20,600 contact with that individual. That means no calling, no writing, 82 00:06:21,120 --> 00:06:24,959 no video chatting, no texting, no emailing, or any other 83 00:06:25,040 --> 00:06:28,920 form of contact. The human mind can possibly fathom. No 84 00:06:28,959 --> 00:06:31,000 one in the world thinks that this person is going 85 00:06:31,040 --> 00:06:33,519 to reach out to you, should they do so, And again, 86 00:06:33,720 --> 00:06:36,040 no one thinks that they're going to you. May not 87 00:06:36,199 --> 00:06:41,439 reply in any form or fashion. The name victim's address 88 00:06:41,480 --> 00:06:43,839 will not be placed on the record, or you may 89 00:06:43,879 --> 00:06:47,600 not go to that location for any reason whatsoever. Are 90 00:06:47,600 --> 00:06:50,319 we understood on the no contact and no go to sir. 91 00:06:52,800 --> 00:06:54,680 If you have any questions about that, you have a 92 00:06:54,680 --> 00:07:01,199 good attorney simply asked them. You understand. Bond will be 93 00:07:01,240 --> 00:07:04,879 set in the amount of twenty five thousand dollars cash surety, 94 00:07:05,439 --> 00:07:12,120 as requested by the prosecution's office. Scourt does not determine 95 00:07:12,160 --> 00:07:16,000 innocence or guilt. This court determines flight wrists and community safety. 96 00:07:16,399 --> 00:07:21,360 Court finds with these conditions in place, it has been met. 97 00:07:22,040 --> 00:07:26,079 Speaker 1: So this coach, in a matter of this week, went 98 00:07:26,160 --> 00:07:30,759 from top of the mountain to his whole career, his family, 99 00:07:31,639 --> 00:07:36,000 everything shattered. I mean, you talk about the powerful falling 100 00:07:36,360 --> 00:07:39,040 sky was about as powerful as you can get. So 101 00:07:39,199 --> 00:07:42,240 the question is now coming out. And by the way, 102 00:07:42,279 --> 00:07:45,759 he was in he wasn't in the courtroom. He was 103 00:07:45,800 --> 00:07:49,759 in a remote camera at the jail, and he was 104 00:07:49,800 --> 00:07:56,639 in a jail garb in this narrow little cubby. It 105 00:07:56,680 --> 00:07:59,920 looked like a phone booth, but with concrete walls around, 106 00:07:59,920 --> 00:08:02,680 there wasn't enough room to walk by him. It was 107 00:08:02,839 --> 00:08:06,680 really tight. And so he all he ever said was yes, 108 00:08:06,720 --> 00:08:09,800 your honor, and yes your honor, and he gave his name. 109 00:08:10,879 --> 00:08:13,680 Rich Isisen, big sports guy for a long long time. 110 00:08:14,639 --> 00:08:17,360 He goes into an area that a lot of people 111 00:08:17,399 --> 00:08:20,839 are starting to wonder and Lee Steinberg I have some 112 00:08:21,040 --> 00:08:25,480 from him to the superagent about when did the university 113 00:08:25,560 --> 00:08:28,399 know about this? Because all of this went down, he 114 00:08:28,560 --> 00:08:32,480 was told to fire to get stop the affair. Fire 115 00:08:32,519 --> 00:08:38,960 the assistant the monday after Michigan lost to Ohio State, 116 00:08:41,120 --> 00:08:44,279 and there's a lot of people wondering maybe or there's 117 00:08:44,720 --> 00:08:48,519 in college football. That was a huge game and it 118 00:08:48,679 --> 00:08:51,240 determined who was going to be the Big Ten champion. 119 00:08:51,320 --> 00:08:58,440 And so Michigan lost to Ohio State. And out of 120 00:08:58,480 --> 00:09:03,279 all of that, there's a whole bunch of just before that. 121 00:09:03,360 --> 00:09:06,279 The week before that was the signing day where there 122 00:09:06,360 --> 00:09:11,799 are a bunch of prospects, the superstar kids coming up 123 00:09:11,919 --> 00:09:16,360 through the system about which university they're going to sign with. 124 00:09:17,120 --> 00:09:19,519 And so that happened the week before this, so did 125 00:09:19,559 --> 00:09:23,919 the university delay this until after the National Signing Day. 126 00:09:24,879 --> 00:09:27,480 But the other problem behind this is is that there's 127 00:09:27,519 --> 00:09:32,799 been a lot of Major league coaches that have switched schools, 128 00:09:33,240 --> 00:09:37,360 and all the big powerful coaches are basically they're committed 129 00:09:37,399 --> 00:09:40,120 to other schools. So where they're going to find another 130 00:09:40,159 --> 00:09:44,559 superstar coach and they're going to play in. I think 131 00:09:44,600 --> 00:09:48,399 it's the Citrus Bowl on December thirty first, and right 132 00:09:48,440 --> 00:09:53,000 after that, I think January tewod is when the portal 133 00:09:53,039 --> 00:09:56,759 opens up where superstar college kids can move from one 134 00:09:56,840 --> 00:09:59,519 team to another. So this the timing on all of 135 00:09:59,519 --> 00:10:05,480 this is pretty important. Here's Rich Jeison talking about how 136 00:10:05,519 --> 00:10:06,840 he measures this thing. 137 00:10:07,200 --> 00:10:11,799 Speaker 4: It took no less than ninety minutes after Ohio State 138 00:10:11,960 --> 00:10:15,120 thumped the University of Michigan for me to hear the 139 00:10:15,200 --> 00:10:20,159 rumor about this, no fewer than four times from four 140 00:10:20,200 --> 00:10:23,559 different people calling me up, texting me, did you hear this? 141 00:10:23,759 --> 00:10:27,000 Did you know that? Clearly there's going to be lawsuits 142 00:10:27,000 --> 00:10:30,679 and recriminations and talks and this and that about all 143 00:10:30,720 --> 00:10:31,000 of it. 144 00:10:31,600 --> 00:10:35,080 Speaker 1: Oh yeah, you better believe it. This woman, first of all, 145 00:10:35,799 --> 00:10:39,360 who was having the affair, she is mad because he 146 00:10:40,279 --> 00:10:44,679 dumped her. He was told to Donna Rotuno, is a 147 00:10:44,799 --> 00:10:48,000 defense lawyer, and she said the same thing about there's 148 00:10:48,039 --> 00:10:49,039 going to be lawsuits. 149 00:10:49,360 --> 00:10:51,559 Speaker 5: Yeah, this is such a crazy story, and as a 150 00:10:51,559 --> 00:10:54,399 Michigan football fan, it really bothers me to my core. 151 00:10:54,480 --> 00:10:56,559 But the bottom line here is that this is a 152 00:10:56,559 --> 00:10:59,879 tremendous fall from Grace and it now sounds that we're 153 00:11:00,080 --> 00:11:02,960 learning that the call did come from the assistant's home. 154 00:11:03,000 --> 00:11:04,799 I think at first we were unclear as to was 155 00:11:04,840 --> 00:11:07,120 it another home, but now it sounds like it was 156 00:11:07,159 --> 00:11:11,320 from the assistant's home. So there's definitely a history here. 157 00:11:11,440 --> 00:11:15,200 It's clear that she has these messages. The university clearly acted, 158 00:11:15,240 --> 00:11:17,759 And what I find really interesting here is regardless of 159 00:11:17,799 --> 00:11:20,720 what happens on the criminal side, there's definitely going to 160 00:11:20,759 --> 00:11:24,840 be a major lawsuit by this assistant to the university 161 00:11:24,879 --> 00:11:27,360 and she will probably walk away with the big payday. 162 00:11:27,399 --> 00:11:29,320 And this coach's wife. 163 00:11:29,399 --> 00:11:31,879 Speaker 1: Yeah, and Michigan just had a big scandal a couple 164 00:11:31,960 --> 00:11:34,600 of years ago where they were stealing signs and other 165 00:11:34,679 --> 00:11:39,360 things and there were all kinds of suspensions. Jim Harbaugh, 166 00:11:39,440 --> 00:11:43,600 the coach, then had to set out some games. Christine Brennan, 167 00:11:43,720 --> 00:11:47,240 longtime sports reporter weighs in on this. She's also a 168 00:11:47,279 --> 00:11:48,000 Michigan fan. 169 00:11:48,200 --> 00:11:51,799 Speaker 3: Kay, college football is certainly one of our national pastimes. 170 00:11:52,639 --> 00:11:54,679 Everyone seems invested in one way or the others an 171 00:11:54,679 --> 00:11:57,399 a Lumur fan. It's huge. The money is huge. It's 172 00:11:57,399 --> 00:12:00,919 getting bigger and bigger every year. Michigan University of Michigan 173 00:12:01,039 --> 00:12:05,679 is one of the behemoths in college football, winning national titles, 174 00:12:05,759 --> 00:12:09,279 Heisman Trophy. Of course, Tom Brady among many many others, 175 00:12:09,600 --> 00:12:12,519 came from Michigan. It is the big house. It's where 176 00:12:12,559 --> 00:12:14,840 I grew up going to football games. We had season 177 00:12:14,879 --> 00:12:18,799 tickets for Michigan football. We watched Beauchamp Beckler beat Woody 178 00:12:18,879 --> 00:12:23,879 Hayes of Ohio State. The rivalries, the aura, everything about Michigan. 179 00:12:23,960 --> 00:12:26,159 You can make the argument it is the biggest or 180 00:12:26,159 --> 00:12:29,399 certainly in the top five of all college football programs 181 00:12:29,480 --> 00:12:33,279 in the country, a country that absolutely adores college football. 182 00:12:33,480 --> 00:12:34,320 Speaker 4: Certainly, what we're. 183 00:12:34,200 --> 00:12:37,080 Speaker 3: Seeing in college sports in general, especially men's college sports, 184 00:12:37,120 --> 00:12:40,519 but women's too, everything's getting bigger sports. I played sports 185 00:12:41,559 --> 00:12:45,639 that looked like Tiddleywinks compared to now. The money is extraordinaries. 186 00:12:45,679 --> 00:12:49,799 I mentioned the TV money. Everything about college sports, especially football, 187 00:12:50,039 --> 00:12:53,679 men's basketball, women's basketball do a certain degree, especially d one. 188 00:12:54,039 --> 00:12:55,519 It's the wild West out there. 189 00:12:55,679 --> 00:12:56,759 Speaker 2: The money, the. 190 00:12:58,080 --> 00:13:02,200 Speaker 3: Superstar power of coaches, the money they're making, tens of 191 00:13:02,240 --> 00:13:06,440 millions of dollars. These are the stories of people here. Obviously, 192 00:13:06,519 --> 00:13:09,519 that does not mean we should have allegations like this. 193 00:13:09,519 --> 00:13:11,240 This is a horrendous story. 194 00:13:11,320 --> 00:13:11,840 Speaker 2: If true. 195 00:13:12,080 --> 00:13:16,600 Speaker 3: What we know so far is absolutely just chilling. However, 196 00:13:16,840 --> 00:13:18,840 and there's so much more yet to come. Of course, 197 00:13:19,159 --> 00:13:22,000 we're being very careful in terms of reporting it. But 198 00:13:23,399 --> 00:13:27,080 the big takeaway here is out of control. Football programs 199 00:13:27,399 --> 00:13:30,200 out of control in many ways. We know about sex 200 00:13:30,240 --> 00:13:33,919 abuse scannels from Michigan State gymnastics, Penn State, the horrors 201 00:13:33,919 --> 00:13:37,120 of child rape, that's what that was with Jerry Sandusky 202 00:13:37,120 --> 00:13:40,279 at Penn State under Joe Paterno, so many more over 203 00:13:40,320 --> 00:13:43,240 the years. And again another story that I think so 204 00:13:43,279 --> 00:13:45,799 many people are shaking their heads. How can this happen? Well, 205 00:13:45,840 --> 00:13:50,080 it can happen because, unfortunately, among many stories and reasons 206 00:13:50,080 --> 00:13:53,399 here with this, one is that sports are out of control. 207 00:13:54,519 --> 00:13:56,120 But we're going to I hate to say it, We're 208 00:13:56,120 --> 00:13:58,960 going to see more of this, not less, because of 209 00:13:59,000 --> 00:14:04,000 the nature of money, the power invested in coaches and 210 00:14:04,279 --> 00:14:08,320 the difficulty to keep everything under control and under review 211 00:14:08,679 --> 00:14:10,879 from these major universities in our country. 212 00:14:11,200 --> 00:14:15,639 Speaker 1: I think she's way over the line. Sports is not 213 00:14:15,720 --> 00:14:19,480 out of control. It's a very popular business. But the 214 00:14:19,600 --> 00:14:23,519 NFL makes more money, and they had their problems. They 215 00:14:23,519 --> 00:14:26,960 had their bad boys. So it's not like there aren't 216 00:14:27,000 --> 00:14:30,080 bad boys in banking as well. I mean, it's just 217 00:14:30,519 --> 00:14:33,759 but there is a lot of money and a lot 218 00:14:33,759 --> 00:14:37,480 of pressure to win. John Bacon has written a number 219 00:14:37,639 --> 00:14:41,240 of books on the history of Michigan football. Here's what 220 00:14:41,320 --> 00:14:42,080 he had to say. 221 00:14:42,440 --> 00:14:46,159 Speaker 6: That story changed yesterday morning when she went on the hill, 222 00:14:46,200 --> 00:14:49,519 as we say, the administration office, with the receipts, the 223 00:14:49,559 --> 00:14:53,879 text messages, the emails, documents and so on, laying out 224 00:14:53,919 --> 00:14:58,320 the details of their relationship and the conflicts thereof, and 225 00:14:58,320 --> 00:15:00,480 that of course resulted in Shuran Mare being fired. 226 00:15:01,080 --> 00:15:03,200 Speaker 1: Yeah, that story did change, but the story is still 227 00:15:03,200 --> 00:15:05,679 coming out. I mean for two days they wouldn't say boo, 228 00:15:06,200 --> 00:15:10,360 and now we know that there was a very sad episode. 229 00:15:10,399 --> 00:15:15,120 I mean, it was a guy wanting to commit suicide. 230 00:15:15,320 --> 00:15:19,120 He knows his career is over. He was making almost 231 00:15:19,120 --> 00:15:22,840 six million dollars a year. That has been he's not 232 00:15:22,879 --> 00:15:26,600 going to get another dime because of the contract talks 233 00:15:26,639 --> 00:15:30,720 about no money if any moral interpitudes or to clause 234 00:15:31,960 --> 00:15:36,840 the wife and daughters, the lawsuits from this woman's going 235 00:15:36,879 --> 00:15:39,039 to sue him. I don't know if he'll wind up 236 00:15:39,080 --> 00:15:40,919 with a dime when all this is said and done. 237 00:15:42,159 --> 00:15:45,639 At Lee Steinberg, who I've known for many years, he's 238 00:15:45,919 --> 00:15:52,159 probably the number one super agent, especially in college and 239 00:15:52,240 --> 00:15:57,559 pro football. He thinks that not just the coach, but 240 00:15:57,639 --> 00:15:59,919 the university may have some trouble as well. 241 00:16:01,159 --> 00:16:05,200 Speaker 7: So I think the question will be what did they 242 00:16:05,320 --> 00:16:10,000 know and what did they do with the information they knew. 243 00:16:10,200 --> 00:16:15,679 There's some question as to whether admitting this after the 244 00:16:15,799 --> 00:16:20,799 letter of intent day which commits the new crop of athletes, 245 00:16:21,960 --> 00:16:27,600 was something they were aware of and postponed. But this 246 00:16:27,759 --> 00:16:34,039 is one of America's most prestigious academic institutions and strongest 247 00:16:34,159 --> 00:16:40,200 sports power, and so there's going to be tremendous scrutiny here. 248 00:16:40,320 --> 00:16:44,159 It was only a couple years ago that a spygate 249 00:16:44,440 --> 00:16:49,720 situation ended up with the university being fine, and so 250 00:16:50,759 --> 00:16:54,879 what happens to the flayers on campus who might want 251 00:16:55,000 --> 00:16:59,399 to leave Michigan or might have made another choice if 252 00:16:59,759 --> 00:17:06,279 they understood what the facts were, what happens to alumni, 253 00:17:06,400 --> 00:17:11,559 given what happens to the transferportal that will come up 254 00:17:11,680 --> 00:17:19,200 next month, the ramifications move in many different directions, so 255 00:17:19,839 --> 00:17:23,640 there's going to be tremendous focus on the university president 256 00:17:24,359 --> 00:17:28,839 and the athletic director to see what they plan to do. Director, 257 00:17:29,640 --> 00:17:32,200 He've got a situation here where there's going to be 258 00:17:32,440 --> 00:17:39,240 all sorts of shrewdiny, all sorts of retrospect and potentially 259 00:17:41,119 --> 00:17:43,839 sanctioned in one way or another, Which is sad because 260 00:17:43,920 --> 00:17:50,559 Michigan said a great program, but this is stunning in 261 00:17:50,640 --> 00:17:54,880 the middle of a situation where I head football coaches 262 00:17:54,920 --> 00:18:00,400 are being paid exorbitance amounts of money and they have 263 00:18:00,599 --> 00:18:01,559 tremendous value. 264 00:18:01,799 --> 00:18:03,920 Speaker 1: So the question is is the university going to be 265 00:18:04,480 --> 00:18:07,279 drug into this as well? Like Lee Steinberg said, how 266 00:18:07,359 --> 00:18:11,359 much did they know? There's one more clip from Lee. 267 00:18:11,640 --> 00:18:17,480 Speaker 7: Because reports are still coming in. As again it's a 268 00:18:17,559 --> 00:18:21,599 question of who knew at the university, when did they know, 269 00:18:21,880 --> 00:18:26,119 and then what did they do about it? And again, 270 00:18:26,599 --> 00:18:34,200 the one timeline that's for sure is that athletes committed 271 00:18:34,279 --> 00:18:39,440 to University of Michigan for their athletic future and football 272 00:18:39,519 --> 00:18:44,279 future without knowing what the scandal was about to be 273 00:18:44,759 --> 00:18:47,440 and was that fair to them? So it's sad for 274 00:18:47,559 --> 00:18:51,039 the victims. It's you feel some empathy for a man 275 00:18:51,079 --> 00:18:56,279 who's trying to commit suicide. It's just a bad news 276 00:18:56,359 --> 00:18:58,079 story way around. 277 00:18:58,440 --> 00:19:00,920 Speaker 1: Yeah, it's a bad news story everyone where you look. 278 00:19:01,799 --> 00:19:07,039 We'll see where this goes for the coach, for his family, 279 00:19:08,079 --> 00:19:14,079 for his for his career, for the university, for the players. 280 00:19:14,599 --> 00:19:16,839 I think Lee is exactly right. There's a lot of 281 00:19:16,880 --> 00:19:20,799 these are superstar players that had their pick of which 282 00:19:20,920 --> 00:19:24,279 university they wanted to go to. They chose University of Michigan, 283 00:19:24,559 --> 00:19:28,200 and then they find out after they have committed that 284 00:19:28,319 --> 00:19:32,240 all of the plans that they had are all thrown 285 00:19:32,319 --> 00:19:37,279 up in the air. All right, Speaking of scandals, the 286 00:19:37,599 --> 00:19:44,480 Epstein estate brought out a whole bunch of new photos today. No, 287 00:19:44,599 --> 00:19:50,680 not nude new photos. Listen, turn the volume up. This 288 00:19:50,839 --> 00:19:53,200 is no, it's not funny because these are these are 289 00:19:54,559 --> 00:19:58,920 This is also a tough thing to deal with because 290 00:19:59,039 --> 00:20:03,319 of the heinous crimes against these young ladies. But there's 291 00:20:03,400 --> 00:20:06,000 photos of all these people that you don't know if 292 00:20:06,039 --> 00:20:10,960 they were involved. Were they at Epstein's house, Yes, But 293 00:20:11,039 --> 00:20:14,519 does that make them guilty of anything? This is let 294 00:20:14,519 --> 00:20:17,720 me look at the list here. There's the photos today 295 00:20:18,599 --> 00:20:24,119 that I have seen. It looks like people normally just 296 00:20:24,319 --> 00:20:29,039 visiting with other people. Yes, Donald Trump is in some 297 00:20:29,119 --> 00:20:32,319 of the photos, but we know that he and Epstein 298 00:20:32,720 --> 00:20:37,480 used to be fairly good friends. Bill Clinton's in some 299 00:20:37,599 --> 00:20:40,240 of the photos. No surprise on either of those two. 300 00:20:40,880 --> 00:20:48,839 Richard Branson, Bill Gates, No surprise. Mister Andrew formerly known 301 00:20:48,880 --> 00:20:55,240 as Prince Andrew, Steve Bannon, Woody Allen, the movie producer, 302 00:20:56,680 --> 00:21:01,119 Alan Dershowitz, Larry Summers. There all these photos and they're 303 00:21:01,200 --> 00:21:06,559 in these photos. So did they have a friendship with Epstein? 304 00:21:07,119 --> 00:21:13,000 Epstein cultivated these kinds of friends. Did they do anything illegal? 305 00:21:14,000 --> 00:21:18,720 We don't know, but it's advancing the things that have 306 00:21:18,759 --> 00:21:23,640 come out. This again came from the Estate, the Department 307 00:21:23,640 --> 00:21:26,440 of Justice. The law that was passed and signed by 308 00:21:26,440 --> 00:21:28,720 the President last week. They have until I think the 309 00:21:28,839 --> 00:21:37,400 nineteenth to get all of their files released out there. Massey, 310 00:21:37,519 --> 00:21:41,200 the Republican from Kentucky who has been one of the 311 00:21:41,279 --> 00:21:43,759 leaders trying to push for the Epstein files to be 312 00:21:43,839 --> 00:21:46,640 fully released, reacted this way today. 313 00:21:47,359 --> 00:21:47,960 Speaker 4: But we'll see. 314 00:21:48,359 --> 00:21:50,319 Speaker 8: Have you seen some of these photos that Democrats on 315 00:21:50,319 --> 00:21:52,240 the House Oversight Committee put out this morning from the 316 00:21:52,240 --> 00:21:55,640 Epstein estate. I have not Generally, the DJ is on 317 00:21:55,680 --> 00:21:58,240 the clock. They have less or just about a week 318 00:21:58,319 --> 00:22:00,720 to comply with your law and release files. Do you 319 00:22:00,799 --> 00:22:03,000 have faith that the Department of Justice will do that 320 00:22:03,039 --> 00:22:03,920 and comply with the law. 321 00:22:04,160 --> 00:22:07,359 Speaker 9: I've been encouraged. They went back to the three judges 322 00:22:07,759 --> 00:22:10,039 and asked them to release grand jury material in light 323 00:22:10,079 --> 00:22:12,920 of the Epstein Files Transparency Act, and all three judges 324 00:22:13,880 --> 00:22:18,200 have reversed their prior stance, but for a good reason. 325 00:22:18,240 --> 00:22:21,440 They cite the Epstein Files Transparency Act. So you've got 326 00:22:21,680 --> 00:22:24,640 three grand juries that are going to release all their 327 00:22:24,640 --> 00:22:30,440 materials redacted with the victims' names to the DOJ. So 328 00:22:30,480 --> 00:22:32,359 it's a good sign that the DJ went back and 329 00:22:32,400 --> 00:22:34,119 asked for that grand jury material. 330 00:22:34,200 --> 00:22:37,720 Speaker 8: If DJ doesn't release the files it has by next Friday, 331 00:22:37,759 --> 00:22:40,599 is there anything Congress can do to compel that to happen. 332 00:22:41,200 --> 00:22:43,920 Speaker 9: Well, I mean it's a crime if they don't. It's 333 00:22:43,960 --> 00:22:48,160 not like they're in contempt of Congress because they didn't 334 00:22:48,200 --> 00:22:51,160 respond to a subpoena. This is a new law with 335 00:22:52,079 --> 00:22:53,160 criminal implications. 336 00:22:53,200 --> 00:22:53,759 Speaker 4: If they don't. 337 00:22:53,640 --> 00:22:57,200 Speaker 9: Follow it, but I was encouraged again by the fact 338 00:22:57,240 --> 00:22:59,559 that they went back to these three judges and got 339 00:22:59,559 --> 00:23:02,119 the judges to release the grand jury material to the DOJ. 340 00:23:02,799 --> 00:23:03,119 Speaker 10: Thank you. 341 00:23:03,319 --> 00:23:06,319 Speaker 9: Is that grand jury material enough, you'd think, if you 342 00:23:06,359 --> 00:23:08,720 comply with the law. No, the grand jury material is 343 00:23:08,759 --> 00:23:11,559 just a small fraction of what the DOJ needs to 344 00:23:11,599 --> 00:23:16,759 release because the FBI and DOJ probably has evidence that 345 00:23:17,119 --> 00:23:20,640 they chose not to take to the grand jury because 346 00:23:20,680 --> 00:23:23,480 the evidence they're in possession of would implicate other people, 347 00:23:23,559 --> 00:23:27,319 not Epstein or Maxwell. So the grand jury material is 348 00:23:27,359 --> 00:23:30,880 probably going to just be mostly facts and evidence that 349 00:23:31,000 --> 00:23:33,079 was used to convict those two. And what we want 350 00:23:33,160 --> 00:23:35,640 to see are the facts and evidence that the FBI 351 00:23:35,640 --> 00:23:37,799 and the DOJ have never given to a grand jury. 352 00:23:38,720 --> 00:23:41,079 Speaker 1: And when they finally released that, we'll see just how 353 00:23:41,160 --> 00:23:44,880 much is redacted. Another scandal that's out there across the 354 00:23:44,920 --> 00:23:48,240 country today, this is the one in Minnesota where there 355 00:23:48,279 --> 00:23:51,960 have been over a billion dollars worth of money stolen 356 00:23:52,359 --> 00:23:55,440 from the state programs federal programs in the state of 357 00:23:55,480 --> 00:24:01,039 Minnesota by Somali citizens who are sending the money to 358 00:24:02,079 --> 00:24:06,839 Al Shabab, the terrorist group in Somalia. So Governor Tim 359 00:24:06,880 --> 00:24:08,279 Waltz addressed it. 360 00:24:08,319 --> 00:24:11,079 Speaker 10: Today, we are a state that chooses not to let 361 00:24:11,119 --> 00:24:15,799 people go hungry or homeless or uneducated. However, that generosity 362 00:24:15,880 --> 00:24:18,240 has been taken advantage of by an organized group of 363 00:24:18,240 --> 00:24:20,880 fraudsters and criminals. Any amount of fraud is too much. 364 00:24:21,079 --> 00:24:23,599 That's where over the last several years, we've made many 365 00:24:23,640 --> 00:24:27,799 systematic changes to state government to both detect fraud and 366 00:24:27,920 --> 00:24:31,039 hold those accountable after it happened. Year after year, we 367 00:24:31,119 --> 00:24:33,559 brought new ideas to the legislature to stay ahead of 368 00:24:33,599 --> 00:24:36,279 the evolving tactics. And they are evolving. 369 00:24:36,759 --> 00:24:40,599 Speaker 1: Well, you could tell he was reading off of something prepared, 370 00:24:40,640 --> 00:24:43,960 probably by the legal staff in his office. Jason Shave 371 00:24:44,119 --> 00:24:48,440 is the former congressman from Utah. What reacted this way? 372 00:24:48,759 --> 00:24:51,759 Speaker 11: No, I don't buy any of what he's saying. First 373 00:24:51,799 --> 00:24:54,559 of all, they asked the attorney general there, Keith Ellison, 374 00:24:54,599 --> 00:24:56,839 if he would have done anything different. He said, no, 375 00:24:57,799 --> 00:25:00,759 this didn't happen on day one. This happened over a period, 376 00:25:00,759 --> 00:25:03,759 a long period of time. Those are the allegations. And 377 00:25:04,079 --> 00:25:07,839 he reads this statement like, oh, our state chooses to 378 00:25:07,880 --> 00:25:11,240 be generous and help the downtrodden and the needy and 379 00:25:11,519 --> 00:25:15,200 educate our kids. Every state does that. Every state does that, 380 00:25:15,319 --> 00:25:17,640 but they don't have the waste to fraud, the abuse 381 00:25:18,240 --> 00:25:21,920 the open borders that allow these people to come in 382 00:25:21,960 --> 00:25:26,000 and take advantage of Americans like this. He's a sanctuary 383 00:25:26,079 --> 00:25:29,519 state's sanctuary city. So if ice can't get in there 384 00:25:29,559 --> 00:25:32,079 and do the work that they need to do, so 385 00:25:32,160 --> 00:25:35,400 nobody's buying a governor. And then to utter the word 386 00:25:35,480 --> 00:25:39,200 Donald Trump as if he had anything other than cleaning 387 00:25:39,279 --> 00:25:41,880 up the mess that this guy made. Donald Trump has 388 00:25:41,960 --> 00:25:44,279 nothing to do with this. His words are not dangerous. 389 00:25:44,279 --> 00:25:46,960 He's pointing out the obvious. He wants to deport the 390 00:25:47,000 --> 00:25:49,039 people and hold other people accountable. 391 00:25:49,599 --> 00:25:50,839 Speaker 7: That's what should happen. 392 00:25:50,880 --> 00:25:53,799 Speaker 11: Instead, this governor stands up, stands up like a clown 393 00:25:53,880 --> 00:25:57,119 show and says, you know we're trying. No, you're not, 394 00:25:57,359 --> 00:25:58,079 you're failing. 395 00:25:58,839 --> 00:26:02,000 Speaker 1: Oh, once again, we've got another story that There's a 396 00:26:02,039 --> 00:26:05,200 lot more to come on this Minnesota fraud story. But 397 00:26:05,279 --> 00:26:08,359 I don't think Minnesota is alone. But they happened maybe 398 00:26:08,440 --> 00:26:12,359 be the largest fraud, but so much fraud being taken 399 00:26:12,400 --> 00:26:16,039 from government funds, and government just doesn't have their arms 400 00:26:16,079 --> 00:26:20,839 around it. They just do not the economy. Well, before 401 00:26:20,839 --> 00:26:23,960 we get to the economy. Let me get this in well, 402 00:26:24,039 --> 00:26:28,720 trucker's Sean Duffy, the Transportation Secretary is cracking down, wants 403 00:26:28,720 --> 00:26:31,599 to crack down on truckers. He says, New York is 404 00:26:31,680 --> 00:26:36,000 just one state that is handing out commercial driver's licenses 405 00:26:36,880 --> 00:26:39,400 without any kind of review. 406 00:26:39,799 --> 00:26:43,160 Speaker 12: The reason we're here today, as we've done this nationwide audit, 407 00:26:44,519 --> 00:26:47,920 we found the worst defender, which is the state of 408 00:26:47,960 --> 00:26:56,160 New York. fIF of New York's non domiciled CDLs were 409 00:26:56,240 --> 00:27:01,319 issued unlawfully or illegally. So what New York does is 410 00:27:03,440 --> 00:27:07,160 if an applicant comes in and they have a work 411 00:27:07,200 --> 00:27:13,440 authorization for thirty days, sixty days, one year, New York 412 00:27:13,519 --> 00:27:18,599 automatically issues them an eight year commercial driver's license. That's 413 00:27:18,680 --> 00:27:22,599 contrary to the law. That's one offense. But we also 414 00:27:22,720 --> 00:27:27,640 found that New York many times won't even verify whether 415 00:27:27,720 --> 00:27:31,079 they have a work authorization, they have a visa, or 416 00:27:31,119 --> 00:27:35,160 they're in the country legally. So they're just giving eight 417 00:27:35,240 --> 00:27:38,279 year commercial driver's licenses to people who are coming through 418 00:27:38,319 --> 00:27:42,160 their DMV and sending them out on American roadways. And 419 00:27:42,240 --> 00:27:49,000 again they're endangering the lives of American families. I don't 420 00:27:49,039 --> 00:27:50,680 like that I have to do this, but the law 421 00:27:50,759 --> 00:27:54,240 requires me to do this. I'm going to give New 422 00:27:54,319 --> 00:27:57,519 York thirty days because that's what the law requires to 423 00:27:57,599 --> 00:28:02,200 come into compliance with the rules that have been long 424 00:28:02,240 --> 00:28:06,160 standing at the Department of Transportation. If they come into compliance, 425 00:28:06,480 --> 00:28:09,799 we're going to work with them. If New York refuses 426 00:28:09,880 --> 00:28:13,240 to come in a compliance because Kathy Hokel for some 427 00:28:13,279 --> 00:28:15,599 reason believes that we should have on qualified truck drivers 428 00:28:15,599 --> 00:28:19,920 on American roadways, we are going to pull tens of 429 00:28:20,000 --> 00:28:23,279 millions of dollars as phase one for the state of 430 00:28:23,279 --> 00:28:26,000 New York. We don't want that to be the case. 431 00:28:26,480 --> 00:28:29,160 We don't want to have conflict with New York or 432 00:28:29,240 --> 00:28:33,039 California or Minnesota. That's not the mission here. The mission 433 00:28:33,279 --> 00:28:36,319 is to get compliance to make sure we have safe 434 00:28:36,319 --> 00:28:40,720 commercial drivers on American roadways and Americans are safe. That 435 00:28:40,880 --> 00:28:45,279 is the mission. But if we have state governors who 436 00:28:45,359 --> 00:28:49,200 are unwilling to cooperate and collaborate and make sure that 437 00:28:49,240 --> 00:28:52,240 Americans are safe, we will use every single tool at 438 00:28:52,240 --> 00:28:55,680 our disposal to make sure they do come in a compliance, 439 00:28:56,160 --> 00:28:59,759 and if they don't, the federal tax payer, the American taxpayer, 440 00:29:00,599 --> 00:29:03,640 should not be funding these states. So we will pull 441 00:29:03,680 --> 00:29:07,400 every dollar possible from every single state that's not willing 442 00:29:07,480 --> 00:29:11,440 to work with this administration and these long standing rules 443 00:29:11,960 --> 00:29:15,160 to make sure that when American and a family gets 444 00:29:15,160 --> 00:29:17,359 in a car, they shouldn't be worried that they have 445 00:29:17,400 --> 00:29:21,920 an unqualified foreigner operating an eighty thousand pounds big rig 446 00:29:22,759 --> 00:29:27,119 that could endanger their lives, by the way, or an 447 00:29:27,240 --> 00:29:32,000 unqualified driver operating a motor coach. Again, if you get 448 00:29:32,000 --> 00:29:34,359 on a bus you're going to travel across the country, 449 00:29:34,799 --> 00:29:38,319 you'd expect that driver has been well trained and they're 450 00:29:38,319 --> 00:29:41,759 well qualified to operate that vehicle. We've seen in recent 451 00:29:41,799 --> 00:29:45,119 news stories that that's not the case. And when bad 452 00:29:45,200 --> 00:29:50,920 drivers that aren't qualified from other countries drive a bus, 453 00:29:51,599 --> 00:29:55,359 many people get hurt and some people die. We find 454 00:29:55,400 --> 00:29:58,160 that to be unacceptable, and again, we will use every 455 00:29:58,160 --> 00:30:01,519 tool at our disposal to make sure that this ends well. 456 00:30:01,559 --> 00:30:03,920 Speaker 1: He said New York was the worst of all of them, 457 00:30:03,920 --> 00:30:05,759 but there's apparently a lot of states that are doing 458 00:30:05,799 --> 00:30:08,720 the same sort of thing. New York, fifty three percent 459 00:30:09,000 --> 00:30:15,720 of the commercial driver's licenses are issued illegally, fifty a majority. 460 00:30:16,359 --> 00:30:18,799 I'll tell you what, I'm going to start looking more 461 00:30:18,799 --> 00:30:20,920 carefully at the trucks on the road around me to 462 00:30:20,960 --> 00:30:23,519 see that they look like they know what they're doing 463 00:30:25,119 --> 00:30:29,519 the economy. Here we are on Friday. David zerbos he's 464 00:30:30,720 --> 00:30:34,640 head investment guy over at Jeffreys, and he was on 465 00:30:34,720 --> 00:30:38,480 the short list to be the next chairman of the 466 00:30:38,519 --> 00:30:42,160 Federal Reserve, and he was asked today about where he 467 00:30:42,200 --> 00:30:44,119 sees the economy going from here. 468 00:30:44,039 --> 00:30:46,319 Speaker 13: Because I think the forecast that the Fed gave us 469 00:30:46,359 --> 00:30:50,640 in the SEP was actually quite remarkable. We saw growth 470 00:30:50,680 --> 00:30:53,640 revised up across twenty five, twenty six, and twenty seven 471 00:30:53,880 --> 00:30:57,440 by seven tenths, so they're much more optimistic on the 472 00:30:57,480 --> 00:31:01,279 outlook for growth, almost no change in the unemployment rate 473 00:31:01,640 --> 00:31:05,559 over that same horizon, and the inflation rate was marked 474 00:31:05,720 --> 00:31:10,039 down three tenths. So I took away this look that 475 00:31:10,160 --> 00:31:15,319 the overall committee, the nineteen members, actually are really embracing 476 00:31:15,400 --> 00:31:19,279 the supplies scrough. They're embracing this productivity story, They're embracing 477 00:31:19,279 --> 00:31:22,160 this idea that we can grow without creating a lot 478 00:31:22,200 --> 00:31:25,839 of inflation risks. And I think that's much more dubbish 479 00:31:26,319 --> 00:31:29,599 than the setup we had, which was for folks to 480 00:31:29,640 --> 00:31:31,759 think that this was going to be some sort of 481 00:31:31,880 --> 00:31:36,519 hawkish hawkish cut by j Powell and by the committee. 482 00:31:36,640 --> 00:31:39,920 Speaker 1: Well, like he said, he almost was considered, almost chosen. 483 00:31:40,359 --> 00:31:42,519 He was in the top ten to be the next 484 00:31:42,519 --> 00:31:45,200 FED chairman. He's not in the top five. But he's 485 00:31:45,240 --> 00:31:47,920 a smart guy and he thinks that basically the FED 486 00:31:47,960 --> 00:31:51,559 cutting interest rates this past Wednesday by a quarter of 487 00:31:51,599 --> 00:31:54,960 a percent was not hawkish. He thought that they laid 488 00:31:54,960 --> 00:31:59,680 out of decent growth, productivity growth, economic growth for two 489 00:31:59,720 --> 00:32:04,960 thousand twenty six. Austin Goldsby, who is on the Federal 490 00:32:05,000 --> 00:32:08,799 Open Market Committee, he's the president of the Chicago Fed. Uh, 491 00:32:08,880 --> 00:32:11,680 let's check it see if he agrees with Zervos. 492 00:32:12,079 --> 00:32:12,880 Speaker 10: Well, looks. 493 00:32:12,960 --> 00:32:16,279 Speaker 14: You know, I've been saying for months I'm pretty optimistic 494 00:32:16,400 --> 00:32:20,440 that for twenty twenty six rates will will be able 495 00:32:20,480 --> 00:32:23,400 to be a fair bit lower than they are today. 496 00:32:23,880 --> 00:32:28,480 But I've just been uncomfortable front loading too many rate 497 00:32:28,559 --> 00:32:33,960 cuts and assuming that what we've seen in inflation be transitory. 498 00:32:34,039 --> 00:32:38,920 It's all amplified by the data being shut down, and 499 00:32:39,000 --> 00:32:42,960 so I just felt that we ought of weight that 500 00:32:43,039 --> 00:32:44,880 we don't lose a lot, We don't take a lot 501 00:32:44,880 --> 00:32:47,200 of extra risk in my view, to just wait to 502 00:32:47,359 --> 00:32:51,079 Q one twenty twenty six and make sure that we're 503 00:32:51,119 --> 00:32:52,920 back on path to two percent inflation. 504 00:32:53,640 --> 00:32:54,680 Speaker 10: I don't know that. 505 00:32:54,759 --> 00:32:58,799 Speaker 14: I see it exactly the same way, in that most 506 00:32:58,839 --> 00:33:02,359 of the measures of the job market have been pretty stable, 507 00:33:02,839 --> 00:33:06,720 and the chance that things in the job market would 508 00:33:06,759 --> 00:33:11,799 fall apart rapidly within one to two months before we 509 00:33:11,839 --> 00:33:15,960 would revisit this again feel relatively low. We're in this 510 00:33:16,279 --> 00:33:21,119 environment where anything measured in rates like the unemployment rate, 511 00:33:21,279 --> 00:33:25,720 the layoff rate, the vacancy rate, et cetera, those have 512 00:33:25,880 --> 00:33:29,559 shown stability. Where you've seen the number fall off has 513 00:33:29,640 --> 00:33:34,960 been raw aggregate monthly payroll. But that's the one with 514 00:33:35,000 --> 00:33:39,480 the biggest question mark because because of immigration, because of retirements, 515 00:33:40,240 --> 00:33:44,119 we don't know what the break even is. So as 516 00:33:44,160 --> 00:33:48,240 we look at an environment that's been characterized, I would say, 517 00:33:48,319 --> 00:33:52,000 is this low hiring, low firing. It's worth remembering that's 518 00:33:52,039 --> 00:33:55,119 not what the business cycle looks like. You have low 519 00:33:55,200 --> 00:34:01,480 hiring high layoffs, or you have low layoffs high hiring 520 00:34:02,519 --> 00:34:05,440 for both to be low at the same time. To me, 521 00:34:05,680 --> 00:34:09,800 that says more like uncertainty than it does slow down. 522 00:34:09,880 --> 00:34:13,320 Speaker 1: Well, uncertainty leads to slow down. I mean, if you're 523 00:34:13,400 --> 00:34:15,920 uncertain about where the economy is going to go when 524 00:34:15,920 --> 00:34:17,840 you have you own a business, are you going to 525 00:34:17,880 --> 00:34:19,840 be out hiring a bunch of people. No, You're going 526 00:34:19,880 --> 00:34:23,840 to wait. So uncertainty does lead to slow down. But 527 00:34:23,920 --> 00:34:29,039 that's Austin Goulesby's take on it. Wall Street. Today, we 528 00:34:29,079 --> 00:34:33,840 set some records yesterday, we undid those records today. Dow 529 00:34:33,920 --> 00:34:38,239 Jones Industrials down two hundred and forty five. Coming off 530 00:34:38,280 --> 00:34:40,960 the record yesterday, we're at forty eight thousand and four 531 00:34:41,119 --> 00:34:45,000 fifty eight. The S and P down seventy three, the 532 00:34:45,079 --> 00:34:48,679 NASDAC down three hundred and ninety four. Gold was up 533 00:34:49,119 --> 00:34:53,079 seventeen dollars to forty three twenty nine. Oil was down 534 00:34:53,159 --> 00:34:57,119 a few pennies fifty seven dollars for a barrel of oil. 535 00:34:57,599 --> 00:35:01,159 So that's it for today. Have a wonderful weekend. We 536 00:35:01,280 --> 00:35:03,719 will be back on Monday, and I hope to see 537 00:35:03,760 --> 00:35:04,079 you then