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Speaker 1: And welcome everyone. Hi, How are you happy? What is this?

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This is Wednesday, the twenty second day of July, year

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of our Lord, twenty twenty six. My name is Tom Sullivan,

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and we've got, uh, you know, we've got a lot

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going today, very busy Wednesday. I hope you're having a

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good one. I just want to remind you we got

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all of our technical issues finally solved and the financial

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Friday we can we can get it up and running again.

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We barely got it running and all of a sudden glitch.

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But the way it works is if you have any

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questions or comments or observations about anything in the financial world,

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about your bank, about your insurance company, about your mutual funds,

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about your investment investment companies and the investments and the

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insurance and all the products that all these people sell,

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about saving for retirement, saving for first homes, saving for

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whatever you want to save for. Where's the best places

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all that you can? You know, call and express your

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questions or your ideas. The phone number to call is

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eight five five two nine five sixty six hundred. This

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is the comment line, and we've turned it into a

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place where you can drop your questions and observations and

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all that stuff about anything financial for the Financial Friday Show.

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So there's a lot of people. I see the list,

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and a lot of people call them then hang up.

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But I don't know why you call them and then

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hang out. If you call a little recording, just leave

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your message and so leave your message eight five five

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two nine five sixty six hundred. If you can't remember that,

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go to my website Tom Sullivan dot com and there's

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the phone number, great big breag font right there on

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that page. So we'll do that Friday meantime. Today, Uh,

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interresstine caught my eye is there was an artificial intelligence

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test that was being done by open ai chat GPT

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if you will, and so they went that there. Apparently

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there's a testing place, virtual testing place where they can

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test security controls. The place is called hugging face. Yeah,

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I know, like hug hugging face. And so what happened

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was they were testing security controls and AI was looking

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around trying to figure out where all the flaws were

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in this particular version of open Ai. And apparently it's

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very good. All these AI platforms are very good at

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going out and finding flaws in software. So that they

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don't get hacked. So this thing was out looking around

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and it figured out a way to get out of

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the testing protocol and out into the Internet. So it's

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searching around in the Internet trying to find some place

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to hack to see if it could. And it hacked

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another tech firm and they obtained answers to questions probing

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their cybersecurity skills. So this has caused a huge uproar

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because the way that Hugging Face found out that there

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was this hack was, of all things, they used AI

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to figure out what happened, and AI said this chat

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GPT artificial intelligence software, broke out of your virtual testing ground,

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went out into the internet, found a place that could hack,

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hacked it, and now we know because we used AI,

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where exactly it did it, and how it did it

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everything else. So but it's causing a lot of people

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to raise eyebrows. Here's the thing about about AI. I'm

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worried about this because I've watched you know, did when

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did we start getting techy in this country? Late eighties?

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Certainly in the nineties, Yeah, it was mid eighties. Let's

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say Microsoft and all those companies were coming along.

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Speaker 2: And.

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Speaker 1: It was Yeah, it was the wild West, and we

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learned together about security and hacking and some of those things,

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and about people that are trying to get you to

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divulge your passwords. There's all that stuff that goes on,

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and we've learned together over the last thirty forty years

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what to do and what not to do. So but

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because it was the wild West, there wasn't any regulation

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on it. The companies here in the US have not

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only blossomed, they exploded. The Internet has become bigger and

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better than anybody could have ever imagined because of the

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fact that we did not regulate them. Now, granted, it

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seems like every year Congress drags a bunch of executives

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from big tech over to is testify on something. And

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what they're really looking for is they're looking for these

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big tech companies because they're very wealthy to make big

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donations to these members of Congress's campaigns. Follow the money

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every single time. But you know who did regulate a

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lot of this, Europe. So there are some exceptions, but

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they're recent exceptions. But that's why you don't see any

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big tech companies coming out of Europe. Like I said,

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there's some, but basically Europe squashed the ability for anybody

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that was techie to do anything worthwhile. In Europe, a

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lot of the Europeans that were tech smart moved here,

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set up shop here. So what's happening now with AI

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is there's a lot of that. I've seen the polls.

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People are very, very worried about AI. Well, guess what,

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there were a lot of people that were worried with

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the invention of the light bulb. They were worried about

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the invention of the automobile. They were worried about People

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worry about anything new, any kind of change. And yes,

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did electric light bulbs cause some fires, probably, but better

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than the lanterns with oil in it. It's built and

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burned down buildings and cars, Yeah, they cause accident. People

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cause accidents. Cars don't cause that. People do in any case.

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So it's not perfect. But what I don't want is

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I don't want the I wish you would get behind

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this person because there's somebody that's looking at us and

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they're licking their chops about all of this. People are worried.

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In the United States, a heavy majority of people are

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worried about AI. It's China. China is going good. They're

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gonna put a lot of pressure on their lawmakers, and

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lawmakers are going to write a bunch of rules and

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they're they're gonna and this is the kind of thing

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that happens where AI broke out of their cage and

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went wild and found a place he could hack. But

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what was crazy about it is AI was you to

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determine what happened. So I'm all, I am very bullish

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on AI. Will there be mistakes, yes, will there be problems,

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of course, But I'm just telling you we're up in

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a race between the United States and China on everything AI,

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and I don't want China getting getting the win on

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this one. In Netty Case, Claire Duffy reports on Tech

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and she kind of explains better than I can what happened.

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Speaker 3: Yeah, Kate, this kind of sounds like the plot of

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a sci fi movie, but it is indeed happening in

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real life. This is the first major example that we've

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seen of an AI model independently conducting a hack outside

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of human control, and this is something that experts had

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been warning about. This is also driving some of these

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conversations that we've heard, including at the White House, about

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increasing controls and oversight of AI models because of the

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risk of exactly this sort of hack. Now, what happened

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here is that open ai was testing these models. It

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had lowered its normal safeguards in order to test these

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two models, which is GPT five point six Soul and

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also a new unreleased, more advanced model. It lowered it

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safeguards because it thought it was testing in what is

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called a sandbox it contained essentially virtual lab. But when

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it gave these models a task to test their hacking capabilities,

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the models went to such great lengths to complete that

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task that it found vulnerabilities that allowed them to access

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the open Internet outside of this controlled testing environment. They

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then hacked into hugging face, which is a platform that

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hosts all kinds of AI models. They used stolen credentials

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to in loggins to navigate that platform, and ultimately this

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hack was identified by hugging Face in part because of

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artificial intelligence, which they used to shut it down. But

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this is a huge warning sign for this industry. In

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a statement, open ai said, we consider this incident to

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be an unprecedented cyber incident involving state of the art

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capabilities and are responding accordingly. We are sharing preliminary findings

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at this stage to help defenders understand what happened and

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to help calibrate on what models are now capable of.

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I think that is the real key here is that

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models are now capable of conducting these kinds of hacks independently.

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The CEO of Hugging Face said that the company is

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working with open Ai to figure out exactly what happened here.

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In a statement, he said that they suspected last week

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cyber attack may have come from a frontier lab given

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the sophistication of this agent. He also went on to

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say that we strongly believe there was no malicious intent

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on their part. It's quite mind blowing that all of

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this happen and autonomously. I think mind blowing is one

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word that you could use for this. Terrifying perhaps another

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word that could describe the situation.

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Speaker 1: No, not terrifying. What what happened? They learned from this.

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First of all, they lowered their control, their their protections,

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so they were trying to see it's exactly what would

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happen by reducing their security protocols and it took off.

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So anyway, I wanted to I wanted to share it

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with you because there's a lot of people that are

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going to be all nervous Nelly's about this thing. I

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think this was a great learning experience. Will there be problems,

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will there be mistakes, of course, but I don't want

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China to beat this. And in Congress, they just don't

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know what they're doing. They'll probably come up with them regulations,

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and I hope they're minimal. And speaking of worry, warts Uh,

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that's the Mayor of New York, Mayor, ma'am Donnie. He

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Mayor ze is there calling him now to be cool.

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He I don't know what's the matter with this guy.

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I think yesterday I played for you, ma'am DOMI coming

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out and saying, I'll tell you what, BBT netting Yah,

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who ever steps foot in New York, I'm going to

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have him arrested. Yes, well, bb Netanyah, who the Prime

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Minister of Israel comes to New York every at least

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every year for the UN General Assembly. It's in September

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of every year. Ma'am Donnie is threatening him, came out twice,

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gave two interviews about how he's going to arrest Netanya

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who guess what. He doesn't have the authority or the

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power to do that. But this is This is him

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now admitting which I don't know why he even did this,

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but he came out. I said, oh, guess what. I

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guess I don't have the authority, but I still don't

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like him.

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Speaker 4: Benjamin Natania, who is not well come in New York City,

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nor is any other war criminal at large. As I've said,

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I agree with the ICC the Benjamin Netanya, who should

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be arrested and tried for his crimes, as I do

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for anyone else charged by the ICC. My administration has

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reviewed every avenue available under applicable law to determine whether

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New York City could execute the International Criminal Court's arrest

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warrant if Benjamin Netanya, who came here. It is clear

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that we do not have the independent legal authority to

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enforce this want. The federal government, however, does, and I

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call on them to join the ICC and execute this want.

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And I want to be equally clear Benjamin Netanya, who

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is not welcome in New York City, nor is any

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other war criminal at large.

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Speaker 1: First of all, we are we would not sign on

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to the International Criminal Court. It's an outside They're trying

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to play their own government rules. We don't. We have

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our own courts and we abide by them. So no,

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we're not. The federal government's not going to do any

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thing with the ICC. They have it and they won't.

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But your idea about the fact that you won't allow

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war criminals, I he's not a war criminal other than

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the ICC said that he was. But that's not something

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that anybody else pays attention to. When'd you think that

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if you were the mayor of New York or any place,

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that you would first check with your legal staff and say,

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do we have the do we have the authority to

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do this before you just open your mouth and sound well,

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not very smart, But that's he's a he's a Democrat, socialist,

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and he believes that whatever he says is right. I

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guess the thing that I need to share with the

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mayor is some of the notable figures who have come

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to New York, and I don't know if you call

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him welcome, but they're certainly not arrested that have come

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for the annual UN General Assembly. Fidel Castro came for

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a number of sessions. Yeah, no, he was. He was

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a pretty big deal. He gave almost a five hour

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speech at one one of the sessions. Uh Momar Gaddafi

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from Libya. He uh, Well, in fact, the guy who

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cuts my hair, Uh cut Momar's hair when he was

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in New York. He liked, he liked the guy that

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cut my hair. He got his hair cut from the

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guy that cuts my hair. So we have a little

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connection there with the late great Libyan dictator Robert mcgabi

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from Zimbabwe, who you know, lots of accusations of repression,

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economic collapse on the people. Saddam Hussein came for the

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UN General Assembly. Uh, and my mood Almi a Didjan,

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the former Iranian president. He was a carra man. He

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was all over town just insulting everybody he could. So Maduro,

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well he Maduro's back in New York for Center. Yeah,

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that's another whole story, and we can go down the list.

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There's a lot of bad dudes that show up for

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the UN General Assembly every single September, but ma'am Donnie

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Man Donnie is not you know nothing about them, just

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the guy that happens to be the Prime Minister of Israel.

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And one more comment about ma'am Donnie. He was being

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interviewed and he keeps talking about how he is for

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the working class and it's all about the working class.

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And I always think whenever I hear him say that,

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or others say that as well, I don't know if

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you're working, I'm working. Does that mean that he's for me?

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I kind of doubt it. But this reporter asked him

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the question, if.

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Speaker 5: You have to work to pay your bills? I think

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that that is one definition of being a part of

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the working class.

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Speaker 2: So that's everyone with the W two?

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Speaker 1: Is that is that kind of ten ninety nine s too?

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Speaker 5: I think it's it's I'm less interested. So someone making

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two hundred and fifty thousand dollars a year's working class.

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I mean I haven't sat at home and asked myself

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where it starts and stops. What I would say is

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for those who are working to try and afford the

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basic dignities of life and aren't able to do so.

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I think that that is also a working class. And

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oftentimes we're asked of how we divide this country. I

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think there's only one majority in this country. It's the

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working class.

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Speaker 1: Well, I agree with the mayor. The working class is

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the majority. Most of us to work. I mean some

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don't because they well, there's the there's the mallingerers. But

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most most people that don't work are because of illness

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or injury, or their senior citizens or I don't know,

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but most people do work. And so when he talks

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about the working class, then she so she heard her say, well,

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what about somebody making two hundred fifty thousand dollars a year?

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Speaker 5: Oh?

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Speaker 1: Oh, well, oh, he had no idea how to answer

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that one. He had no idea how to Then he

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went from people that are working to pay their bills.

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I think that's most people, and then to the two

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hundred and fifty thousand dollars a year. He's going, well,

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the people that are what do you say, struggling. A

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lot of people struggle. I'll tell you one thing. When

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I did taxes for a living, I was I did.

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I was really educated by There was a lot of

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wealthy people. I did a lot of wealthy people's taxes

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as far as their incomes. Doctors, lawyers, you name it,

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high income people. And a lot of them were doing fine.

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But there were a number of them that were in

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debt up to their ears. They may have well, they

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were putting on the show. They drove a fancy car,

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they had a bits, they had more debt than you

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can imagine. They could barely afford the payments for all

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the things that they had. So just because you're making

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two hundred and fifty thousand dollars a year doesn't mean

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that life is great. Probably is, but there's a lot

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of people out there that are up to their ears

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in debt. So, ma'am, Donnie's basically he comes down to

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he's a phony because he doesn't know. He doesn't have

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a definition. He hasn't thought about what is the income

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classification of begin and end on the working class, but

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he goes around talking about the working class all the time.

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I think he should come up with a definition, my

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humble opinion. One more story that actually is an old

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story that's coming back around again the disappearance of Nancy Guthrie,

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Savannah Guthrie's mother. Everybody was on the case down there

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in Tucson, Arizona. Nothing could not find anything, could not

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find her. She still has not been located. We assume

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that she has passed on. But now the word is

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coming out even more about the Pima County sheriff just

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has botched this whole thing. Josh Ritter, who's a defense lawyer,

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fills us.

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Speaker 6: In what sounds like a lot could have been done differently.

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But one of the things that we're finding out more

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now than ever is how much time was squandered early on.

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One of the fundamental principles of criminal investigation is that

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time is of the essence and you have to move quickly,

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especially in a case like this. We remember early on

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they thought they were dealing with the case where there

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still could have been she still could have been recovered alive.

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So the idea that four days, that's an eon when

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you're talking about criminal investigation. That four days passed before

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the FBI was brought in, and we already know that

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evidence was lost because we now understand that they have

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video and still's recovered from the day that Nancy was

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abducted and from a prior time that this same suspect

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was there three weeks prior, where they don't have video

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because it had been lost. So we don't know if

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there were other incidents in which this individual had been

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out to the house before, but we certainly know that

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video from that prior three week prior incident has been lost.

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That is huge, especially when we're looking at this case now.

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It seems like the only piece of evidence that they

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have that still is creating any kind of leads or

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evidence for them to work off of. Is this video evidence?

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Speaker 1: Aw I've never heard that before that they had They

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had video, and they had still shots of the suspect

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from three weeks before, but that has all been lost because,

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according to Josh River, the sheriff of b mccounty was

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too interested in becoming the hero of the day and

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not really bringing in the FBI. Here's Josh.

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Speaker 6: The only thing I'm left with is ego, pride and ego,

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the idea that this sheriff seems to have wanted to

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owned this from the beginning because I think he thought

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at the time this was going to be quickly resolved

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and that he would be the kind of loan hero

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in all of this. And that is not only sad,

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but incredibly irresponsible, because you're dealing with someone's life and

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this isn't about who's going to get the headlines or

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who's going to get the most time on camera. This

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was about saving someone's life, and to not bring in

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resources when you have the entire federal government at your

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beck and call. Essentially, they were offering whatever they could

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to help and he's simply turning it down at least

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in those early days, is just unforgivable in my view.

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Speaker 1: I think it's unforgivable in the Guthrie family view too,

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so bad, bad, bad, bad bad story about the fact

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that they maybe could have found her if they hadn't

357
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been so slow. Uh, you want to talk about nukes,

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because that's the big story obviously with Iran is we

359
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don't want them to have a nuclear weapon, but guess

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who's getting Guess who's getting nukes for wink wink power generation.

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Isn't that what Iran has always says, Oh, no, we're

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just we're just creating enriched uranium so that we can

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have nuclear power. And they're way over You don't need

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as much as nowhere near as much uranium enrichment as

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they have. But now apparently the president is about ready

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or has signed a deal to allow Saudi Arabia to

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have nuke enriched nuclear radiation for nuke power. But well,

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let's look, there's a whole bunch of reaction to this.

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Let's start with our Secretary of State Mark or Rubio,

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doesn't have a less.

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Speaker 7: Than gold standard agreement in the Middle East, run.

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Speaker 8: A risk, well, I'm not going to pine directly on

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that agreement. We're going to put out even when the

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moment is appropriate, we'll put out dot and writing. We

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will have to do it with Congress anyways, so I

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will certainly do it publicly, but suffice it to say,

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the US is not going to reach any agreement with

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any country in the world that leads to the risk

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of perforation.

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Speaker 1: Well, my longtime theory has been that every country eventually

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will be again nuclear power for weapons. They just will

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every new weapon that has come along, from the bow

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and arrow to the gatling gun to the nuclear weapon,

384
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that everybody will eventually have it. David Roady, who's a

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New York reporter, had this background about Saudi Arabia and

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the US and nuke power.

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Speaker 7: Her point, it's unnecessary to go for it here. But

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Saudi Arabia doesn't need to enrich its own uranium. Why

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the United Arab Emirates has nuclear power plants, and what

390
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they do is bring in uranium that's been enriched by

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the United States are enriched by Russia. This is a

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standing protocol. So why is this is just unnecessary, particularly

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allowing Saudi Arabia to enrich uranium. We can ship them

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enriched uranium and control it.

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Speaker 1: Yeah, when I heard that, that was wild. So United

396
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Arab Emirates has nuclear power, but we bring the enriched

397
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uranium to them. We delivered it to them. If Saudi

398
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Saudis wanner, we could do the same thing, say well,

399
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put your order in and we'll give you so much

400
00:25:37,279 --> 00:25:41,599
enriched uranium for your power plants. That way we control

401
00:25:42,559 --> 00:25:45,880
the situation as supposed to the situation in Iran. Rett

402
00:25:46,000 --> 00:25:48,039
McGirk also weighed on this.

403
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Speaker 9: Yeah, Jim, I think folks getting ahead of themselves. Let's

404
00:25:50,880 --> 00:25:53,559
let's see the details. So we negotiate in the Biden administration.

405
00:25:53,880 --> 00:25:57,640
As part of those negotiations, almost hosteing my colleague, the NSA,

406
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the National Nuclear Security Agency that's part of Energy, was

407
00:26:00,160 --> 00:26:03,160
a part of this, a very comprehensive civil nuclear agreement

408
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with Saudi Arabia. Now enrichment is important because the Saudis

409
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really want that capability. That goes back to the JCPA.

410
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Their position was if Irankan and rich, we should be

411
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able to enrich. What we negotiated was an arrangement where

412
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if we found uranium deposits in Saudi Arabia, there'd being

413
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Richmond facility in Saudi Arabia, a US Enrichmond facility, and

414
00:26:22,400 --> 00:26:24,880
there were a number of details and arrangements about how

415
00:26:24,920 --> 00:26:28,279
that would actually work in practice. And the idea is

416
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that we in the US we still import our nuclear

417
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fuel about twenty percent or a little more from Russia,

418
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so we do need the fuel. The idea was here,

419
00:26:37,480 --> 00:26:41,119
this would be very carefully negotiated arrangement. If all of

420
00:26:41,119 --> 00:26:44,160
those details are in this agreement, I think people will

421
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be a little more comfortable. But I would say one

422
00:26:45,839 --> 00:26:49,599
important thing. This was negotiated as part of a comprehensive

423
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regional package that included normalization of relations being in Israel

424
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and Saudi Arabia, and a quirk of history here in

425
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October sixth of twenty twenty three, I had the Saudis

426
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in my office in the White House talking about kind

427
00:27:02,920 --> 00:27:04,519
of the final arrangements of this, and it was a

428
00:27:04,599 --> 00:27:07,839
Hamas attack that obviously kind of wiped this off the agenda.

429
00:27:08,160 --> 00:27:10,200
I know President Trump wants to get back to that

430
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perhaps after the Israeli elections coming up on October twenty seven.

431
00:27:14,200 --> 00:27:16,799
Speaker 10: He's giving the deal. Prior to this is the Arabia

432
00:27:16,799 --> 00:27:19,359
makines Is apecially, so I would. I mean, my question

433
00:27:19,440 --> 00:27:21,319
is why now is what is kind of going on

434
00:27:21,440 --> 00:27:23,799
behind the scenes. I know we need some things from

435
00:27:23,799 --> 00:27:27,039
Saudi Arabia for the campaign that were prosecuting against iron.

436
00:27:27,319 --> 00:27:29,000
So there's the questions I would have. But if the

437
00:27:29,039 --> 00:27:32,880
details are similar to what was negotiating and Biden administration,

438
00:27:32,960 --> 00:27:37,440
I think the nuclear proliferation concerns are probably less risky

439
00:27:37,480 --> 00:27:39,480
than what some of like tastes saying, we got to

440
00:27:39,480 --> 00:27:39,759
see it.

441
00:27:39,839 --> 00:27:42,240
Speaker 1: So he's talking about the fact that he was in

442
00:27:42,319 --> 00:27:46,480
four administrations, he served for presidents, and he said, this

443
00:27:46,559 --> 00:27:49,680
goes back many administrations have wanted to do a deal

444
00:27:49,720 --> 00:27:52,599
with Saudi Arabia to allow them to have in riched

445
00:27:52,720 --> 00:27:58,559
uranium for their nuclear power, and I again, it goes

446
00:27:58,559 --> 00:28:00,920
to my theory that eventually everybody will have it. Anyway,

447
00:28:00,920 --> 00:28:03,519
we're fighting this war with a ronabout they can never

448
00:28:03,559 --> 00:28:07,680
have a nuclear weapon. I'll bet you a large launcher

449
00:28:07,720 --> 00:28:09,440
to drive up. We know that they will in the

450
00:28:09,480 --> 00:28:15,240
next twenty years have nuclear power. It's the rest of

451
00:28:15,279 --> 00:28:17,400
the countries in the Middle East are going to have it,

452
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and Saudi Arabia apparently prior administrations in addition to President

453
00:28:23,079 --> 00:28:26,680
so a lot of this go. Oh, Trump and Saudi

454
00:28:26,680 --> 00:28:29,640
Arabia they're tight. No, this has been going on long

455
00:28:29,680 --> 00:28:32,559
before Trump showed up in the White House. We talked

456
00:28:32,559 --> 00:28:34,759
an awful lot about the war with Iran and that

457
00:28:34,920 --> 00:28:38,640
is still it's getting worse there. We're expanding it, they're

458
00:28:38,720 --> 00:28:42,200
expanding it. But we haven't talked much about the Houthis.

459
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And they're down there on the where there's another choke

460
00:28:45,960 --> 00:28:49,640
point for the Red Sea, and that is where the

461
00:28:49,680 --> 00:28:52,880
Houthis are located, and they have shot at ships in

462
00:28:52,920 --> 00:28:58,559
the past. Kimberly Dozer, who's a security analyst, kind of

463
00:28:58,559 --> 00:29:00,279
brings U up to data on what the Hoothy's are

464
00:29:00,279 --> 00:29:01,480
doing and what they're all about.

465
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Speaker 2: The Jutis sent a message directly to shipping companies and

466
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first they said any Saudi shipping can't come through, and

467
00:29:09,759 --> 00:29:12,880
then they said any ships that dock at a Sudi port.

468
00:29:13,519 --> 00:29:15,559
You know, the last time the Juties did this though,

469
00:29:15,839 --> 00:29:19,240
they didn't just hit the ships that they said they

470
00:29:19,319 --> 00:29:22,880
might target. They accidentally hit some other ships as well.

471
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So if you're a shipping company with a multimillion dollar

472
00:29:25,839 --> 00:29:29,279
cargo load, you're either going to take it through the

473
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Suez Canal or you're if you were going to go

474
00:29:32,759 --> 00:29:35,599
through the Suez Canal from the outside, now you're going

475
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to go around the Horn of Africa. This adds costs.

476
00:29:40,880 --> 00:29:43,799
We're talking about something like ten to twenty percent of

477
00:29:43,880 --> 00:29:46,920
global shipping going through the Suez Canal, which has to

478
00:29:46,960 --> 00:29:49,640
get through the Babel Mendeb. This is going to add

479
00:29:49,720 --> 00:29:54,240
up pretty fast if there isn't some resolution. And the

480
00:29:54,279 --> 00:29:56,559
Houtis have a couple of reasons they're doing this. Part

481
00:29:56,559 --> 00:29:59,160
of it is, yes, they're doing this in cooperation with

482
00:29:59,200 --> 00:30:03,759
Iran to press the United States, but also the internationally

483
00:30:03,759 --> 00:30:08,680
recognized MNY government backed by Saudi Arabia targeted the Hoodies

484
00:30:09,160 --> 00:30:13,319
airport earlier this month, so that's there's a local reason

485
00:30:13,759 --> 00:30:16,559
and a larger reason that the Hooties are getting stuck

486
00:30:16,599 --> 00:30:17,240
into this fight.

487
00:30:17,559 --> 00:30:19,799
Speaker 1: Yeah, and if they blocked the Red Sea, then watch

488
00:30:19,880 --> 00:30:22,759
oil gas and oil prices go even higher. But today

489
00:30:22,799 --> 00:30:27,160
I'll give you the rundown from TRIPLEA. The national average

490
00:30:27,160 --> 00:30:32,039
for gas is now four dollars and six cents. That's

491
00:30:32,119 --> 00:30:36,519
up seventeen cents from a week ago. Diesel five eighteen

492
00:30:37,079 --> 00:30:41,839
that's up twenty five cents from a week ago. California

493
00:30:41,880 --> 00:30:45,519
has taken over again as the number one most expensive state.

494
00:30:46,000 --> 00:30:49,119
Average gas price for the cheap stuff in California five

495
00:30:49,160 --> 00:30:53,359
dollars fifty five cents. That surpasses Hawaii, who's at five

496
00:30:53,359 --> 00:30:57,160
point forty three. And if you're in California and you

497
00:30:57,240 --> 00:31:01,200
want to go to Yosemite, it's beautiful national but that

498
00:31:01,319 --> 00:31:05,680
part of California the gas there, the chief stuff six

499
00:31:06,119 --> 00:31:10,279
dollars and seventy cents for a gallon of gas in

500
00:31:10,359 --> 00:31:16,880
the Yosemite area, and other things going on today. I

501
00:31:16,960 --> 00:31:20,680
need to make it very clear that it was a

502
00:31:20,720 --> 00:31:29,119
somber day over in Delaware where the dignified transfer took place.

503
00:31:29,319 --> 00:31:36,039
Again today the President was there, four soldiers in their

504
00:31:36,400 --> 00:31:40,200
coffins coming back from the Middle East. So far we

505
00:31:40,319 --> 00:31:46,759
have eighteen military members dead, four hundred and thirty wounded.

506
00:31:47,960 --> 00:31:54,319
And as usual, that is watching the President and the

507
00:31:54,359 --> 00:31:59,359
top echelon of Washington power military power at the Air

508
00:31:59,400 --> 00:32:04,480
Force Base in Dover saluting as the bodies came off

509
00:32:04,519 --> 00:32:08,240
of a C seventeen. It just grabs your heart every

510
00:32:08,440 --> 00:32:11,960
single time. So let's look at Wall Street and again

511
00:32:12,279 --> 00:32:17,359
let me remind you Financial Friday. We need questions, comments, observations,

512
00:32:17,400 --> 00:32:24,440
whatever you want regarding money investing, insurance, stocks, bonds, mutual funds.

513
00:32:26,079 --> 00:32:29,599
You name it well, the taxes will try and help

514
00:32:29,640 --> 00:32:32,440
you with it. The phone number is eight five five

515
00:32:33,200 --> 00:32:37,440
two nine five sixty six hundred. Call that number, leave

516
00:32:37,519 --> 00:32:41,079
your comment or question eight five five two nine five

517
00:32:41,839 --> 00:32:45,640
sixty six hundred. You can also find that number on

518
00:32:45,680 --> 00:32:49,640
my website, which is Tom Sullivan dot com. Meantime, Wall

519
00:32:49,640 --> 00:32:56,240
Street today was a big honor. Uh Dow finished down

520
00:32:56,359 --> 00:33:02,319
five points at fifty two thousand, two nineteen s and

521
00:33:02,400 --> 00:33:07,440
P down ten points. NASDAK down one hundred and forty

522
00:33:07,480 --> 00:33:10,880
six points, so not much movement today there. The price

523
00:33:10,920 --> 00:33:13,599
of goal was up sixty one dollars now at four

524
00:33:13,640 --> 00:33:17,880
thousand and one thirty eight, and oil just keeps going higher,

525
00:33:18,559 --> 00:33:21,279
up almost two and a half dollars today, up to

526
00:33:21,480 --> 00:33:25,519
a just under eighty seven dollars now for one barrel

527
00:33:25,680 --> 00:33:30,640
of West Texas Intermediate crude. That's it for today. Thank

528
00:33:30,680 --> 00:33:33,519
you for coming by. We will be here again tomorrow

529
00:33:33,519 --> 00:33:34,839
and I hope to see you then.

