Speaker 1: Hey, thirty two fifty wont care City talks days and
Speaker 1: Thursdays mean it's time for iHeartMedia aviation expert Jay Ratliffe
Speaker 1: also does a really good job trading stocks during the day.
Speaker 1: You can find online check them out and learn more
Speaker 1: about it at daytrade fund dot com. It's Jay Ratliffe.
Speaker 1: Welcome back, my friend, and I saw your follow up
Speaker 1: email said you had an interesting Charles Schwab stories, so
Speaker 1: why not start there. Good to hear from you, my friend.
Speaker 2: Well, it's always good to be here, Brian. You know,
Speaker 2: I'm always warning people, because I've been watching the stock
Speaker 2: market since ninety two ninety three, to really be careful
Speaker 2: playing follow the leader, and I was really reminded of
Speaker 2: that this morning. Charles Schwab recently added chairs of Caros Therapeutics.
Speaker 2: They bought like thirty two thousand more shares, meaning they
Speaker 2: then had a total of two hundred and sixty thousand
Speaker 2: chairs of this company. And a lot of the other
Speaker 2: institutional investors kind of followed suit because look, it's Charles Swab.
Speaker 2: If they're doing it, I should be doing it. And
Speaker 2: a lot of individual investors I'm sure followed suit. Well,
Speaker 2: obviously this is an obvious set up here because this
Speaker 2: morning that stock is down seventy five person, oh my god,
Speaker 2: it is now. They had the news on the adverse
Speaker 2: drug news and as a result that the stock is
Speaker 2: down and I lost count on how much two hundred
Speaker 2: and sixty thousand chairs that you know, fifty bucks down
Speaker 2: a share would be. But it's a lot there. But
Speaker 2: Brian is just a reminder, and we talk about it
Speaker 2: all the time, just be very careful. So many people
Speaker 2: play follow the leader where they'll see somebody like a
Speaker 2: Charles Schwab or a Warren Buffett or somebody else do something,
Speaker 2: and instead of really guarding their portfolio and protecting it,
Speaker 2: they play follow the leader, and far too many times,
Speaker 2: instead of diversifying as they should, because it's a Charles
Speaker 2: Schwab or whoever, they will jump in and grab these
Speaker 2: shares and because look at Charles Wabb they know what
Speaker 2: they're doing. And the next thing you know, you put
Speaker 2: in most if not all, of your portfolio on a
Speaker 2: single stock and bam, you're down big. So please, I'm
Speaker 2: I'm just urging everybody please be careful, and that's I
Speaker 2: appreciate you're letting me again remind our listeners of that
Speaker 2: because I don't care if I train them on how
Speaker 2: to trade stocks or not. I just wanted to be
Speaker 2: careful when you're talking about playing follow of the Leader.
Speaker 1: Oh, very important. I imagine you were not invested when
Speaker 1: it dropped.
Speaker 2: Actually no, I'm up nine hundred and sixty nine dollars
Speaker 2: as we talk. I've yet to sell because you wait
Speaker 2: for those drops when you're in our group. But my
Speaker 2: heart goes out to everybody that just blindly plays follow
Speaker 2: the Leader, and it just I understand why everybody's looking
Speaker 2: for a get rich quick kind of thing. But you
Speaker 2: just got to be careful when you when you're following
Speaker 2: the Warren Buffets and others, because just because you have
Speaker 2: a lot of money doesn't make you mean. You make
Speaker 2: a lot of really good decisions.
Speaker 1: Slow and steady winds race and don't have every time.
Speaker 1: Don't everyone hang around too long, said daytrade fun dot com.
Speaker 1: Stay aroun, we're gonna hear about me aviation issues coming up.
Speaker 1: Maybe you had comment or two. I'm gonna hit you
Speaker 1: with a comment or two about drones flying around. Yeah,
Speaker 1: it's a thirty five right now. If you have care
Speaker 1: see the talk station, be right back I've KRC the
Speaker 1: talk station. We've ever been in the cockpit before, ever
Speaker 1: seen a grand man naked? You like movies about gladiators.
Speaker 1: I heart Mediaa's Next Bird. Jay Ratliffe always give us
Speaker 1: an opportunity to go back to the airplane and a
Speaker 1: couple of soundbites. Love that movie.
Speaker 2: Uh, well, you need to watch it with a younger
Speaker 2: person that's maybe in their twenties, that are politically correct,
Speaker 2: and just watch their face as you go through that movie.
Speaker 2: They'll be amazed. You can say things like that, Yeah,
Speaker 2: when we used to have a sense of humor.
Speaker 1: You could that is so true. Heyhow Jay, I had
Speaker 1: to ask. I started out the program this morning because
Speaker 1: all these reports about the drunes flying around New Jersey.
Speaker 1: They've been having it now for the last month or so.
Speaker 1: Big as an RV, they're a giant. There's multiple of
Speaker 1: them at the same time. They're all found the same
Speaker 1: course and path. They're flying around military bases or not that.
Speaker 1: And yet nobody in an elected capacity, known in an
Speaker 1: official capacity, FBI, CIA, intelligence officials, elected officials, we don't
Speaker 1: have any idea. You just know that there's no concern here,
Speaker 1: like what somebody had to nerve some and it made
Speaker 1: fun of them, said that there was a giant Iranian
Speaker 1: like mother ship somewhere off the coast that had these
Speaker 1: things packed on board. And as soon as I read them, like,
Speaker 1: oh Lord almighty, you actually said that out loud, and
Speaker 1: you know, well, I guess my short question is why
Speaker 1: the hell hasn't someone just shot one down? They really
Speaker 1: can't figure out what they are, where they came from,
Speaker 1: shooting out of the sky. Let's find out.
Speaker 2: Well, I'll tell you what. If you do, you'll find
Speaker 2: out the first people that show up who belongs to right. Yeah,
Speaker 2: so I'm in total agreement. But this idea that there's
Speaker 2: nothing to see here, and then you've got the meeting
Speaker 2: that took place I think yesterday or the day before,
Speaker 2: where the Governor of New Jersey doesn't bother to show
Speaker 2: up for the briefing it. There's just so many questions,
Speaker 2: which makes me think somebody knows something. But to see
Speaker 2: thirty forty fifty of these sightings where people are seeing
Speaker 2: them videotaping, I'm recording them and notifying authorities and being told, hey,
Speaker 2: we don't know what they are, but be there. There
Speaker 2: is you know, no concern I mean, how can you
Speaker 2: say one without saying the other? I mean, there's no
Speaker 2: way you can see. We have no idea who they,
Speaker 2: who they are, where they you know, come from. But
Speaker 2: don't worry, there's no security threat. And of course we're
Speaker 2: all screaming going that you can't say one without the other,
Speaker 2: So it just baffles your mind. It reminds me of
Speaker 2: the balloon that flew across thea where people are just
Speaker 2: kind of like la la la la la. Well, I mean,
Speaker 2: I'm sorry, I have to think that a Ronald Reagan,
Speaker 2: that Donald Trump, if they were absolutely clueless on who
Speaker 2: these belonged to, this would have been a one and
Speaker 2: done type of thing and we would have found out
Speaker 2: real quick what was going on, because look, we deserve answers.
Speaker 2: And if I'm in New Jersey, you better believe I'm
Speaker 2: concerned because I want to know what the heck's going on.
Speaker 2: A size of an SUV drone flying over, Yeah, that's
Speaker 2: a concern.
Speaker 1: It is. That is not your everyday hobbyist type of drone,
Speaker 1: especially when there are multiple of them. And I read
Speaker 1: somewhere this morning. I thought it was rather comical the
Speaker 1: story itself, but that it's illegal to shoot drones down.
Speaker 1: I guess in New Jersey.
Speaker 2: I don't know the law it is, it's the law
Speaker 2: because you know, if somebody look, when the Amazon deliveries
Speaker 2: begin and all this stuff happens in earnest with drones,
Speaker 2: you will not be able to walk outside without hearing
Speaker 2: the annoying sound of those things flying everywhere. And you
Speaker 2: also are going to have these unmanned drones that are
Speaker 2: going to be uber taxis that seat two or four people,
Speaker 2: that lands in your driveway, you jump in and it
Speaker 2: takes you to wherever. So this is the norm and
Speaker 2: very soon will be. And when you look at the
Speaker 2: people going to the Federal Aviation Ministration asking them for answers,
Speaker 2: because look, they're the ones that are supposed to manage
Speaker 2: the airspace, control the air space, actually know who is
Speaker 2: where and when they don't have an answer of what's
Speaker 2: going on, or at least reportedly, so that's when my
Speaker 2: concern level goes quite a bit, because if we really
Speaker 2: don't know what's going on, what if one of these
Speaker 2: sus the CV sized drones comes flying around near a
Speaker 2: commercial airport when you've got arriving and departing commercial traffic,
Speaker 2: and they might be in close proximity to a commercial plate.
Speaker 2: Then would we be concerned enough to do something? I
Speaker 2: would like to think so.
Speaker 1: I would like to think so too. But you know, Jay,
Speaker 1: there is a law in the books that says you
Speaker 1: can't fly a drone around an airport. And oh my gosh,
Speaker 1: it's also illegal apparently in New Jersey to fly these
Speaker 1: drones at night. And oh look what's happening. Sometimes there
Speaker 1: are laws in the books and people just choose to
Speaker 1: ignore them. Jay.
Speaker 2: Well, you know, I'm not suggesting anybody would have a
Speaker 2: beer and shoot at one just see if they get
Speaker 2: in it.
Speaker 1: I'm encouraging you know.
Speaker 2: We would never do that.
Speaker 1: No, No, I know that would never happen.
Speaker 2: I always want you to follow the law. But isn't
Speaker 2: there also a law not to fly those bad boys
Speaker 2: near military bases?
Speaker 1: I would think so, right, And don't you think with
Speaker 1: a trillion dollar just past military budget out of the house,
Speaker 1: almost a trillion, that there might be some and in
Speaker 1: some prior defense authorization spending money or resources to create
Speaker 1: drone dropping hardware or some way of knocking them out
Speaker 1: of the sky. I got to imagine we already had
Speaker 1: that technology. Why not utilize it.
Speaker 2: I don't know, We'll just have to wait for the
Speaker 2: next Saturday Night Lives get to figure it all out.
Speaker 1: Together, I guess. So moving over to what could be
Speaker 1: a Saturday Night Lights get ongoing Boeing, It's sixty minutes
Speaker 1: piece highlighting Boeing anything that we found out about it
Speaker 1: that they revealed that we didn't already know.
Speaker 2: Now, Brian, they have apparently been listening to us through
Speaker 2: this year because you and I were talking about at
Speaker 2: the beginning of this year. Boeing in the last week
Speaker 2: of December sent out a memo saying, some of the
Speaker 2: nuts and bolts on the rudder control system are missing
Speaker 2: or they're under torque hardware, meaning they're loose, so you
Speaker 2: might have your mechanic's keep an eye on that. And again,
Speaker 2: rudder control that's how the pilots keep the plane in
Speaker 2: the sky and have control of the airplane. That's when
Speaker 2: we knew that what's going on, because Boeing said after
Speaker 2: the Boeing Max crashes that you know they were going
Speaker 2: to be more attentive than ever. And then of course
Speaker 2: we had two weeks later the door plug blow off,
Speaker 2: that last airline slider fall off would be a better word,
Speaker 2: since it wasn't secured. And the point is that in
Speaker 2: that documentary there was not anything that was really new,
Speaker 2: but for a lot of people that had not been
Speaker 2: paying attention when they saw that sixty minutes piece on Sunday,
Speaker 2: where many of these whistleblowers had come forward saying, look,
Speaker 2: the supply chain is so slow that many times when
Speaker 2: we run out of parts, it shuts everything down. And
Speaker 2: since that is a situation for Boeing management that in
Speaker 2: the past had been unacceptable, they would send us as employees,
Speaker 2: according to the whistleblowers, to the scrap bend, to pick
Speaker 2: out the best failed part, which is marked and red
Speaker 2: with red paint, Clean off that red paint, bring it back,
Speaker 2: slap it on the airplane so that the production schedule
Speaker 2: could continue. Now, this isn't one or two whistleblowers, which
Speaker 2: I'm at dozens that have come forward with these complaints
Speaker 2: saying you can't have failed parts on aircraft. We're not
Speaker 2: talking about rebuilding my computer or my Chevy Silverado, or
Speaker 2: we're talking about an aircraft that is used that in
Speaker 2: essence could be a safety issue for thousands and thousands
Speaker 2: of people. When you look at at this and briand
Speaker 2: it just amazes me that Boeing, probably not so because
Speaker 2: of all the defense contracts they have, but to continue
Speaker 2: to operate like this with kind of a well we'll
Speaker 2: get better, it's gonna be okay. We got a new
Speaker 2: CEO now, so things are going to be a lot better.
Speaker 2: I mean, what a bunch of craf I mean, they
Speaker 2: gave us those promises five years ago, and obviously they
Speaker 2: were lying then. So do I believe them now?
Speaker 1: No? I do not, big mill on that one. Let's pause.
Speaker 1: We'll bring Jay Ratlift back for one more. It's Hey
Speaker 1: forty six fifty five KCD talk station, Hey forty eight
Speaker 1: FIVECARECD Talk Days Brian Thomas with IR media expert Jay
Speaker 1: Ratlift Day. We've got some more things talk about moving
Speaker 1: away from Boeing. Let's uh, what about Delta forcing passengers
Speaker 1: around a different seats?
Speaker 2: You and I are going to like this one. This
Speaker 2: is a Delta agent in Atlanta, and I wish I
Speaker 2: had this agent's name. I'd love to acknowledge their efforts
Speaker 2: over the airways across the country, But this particular individual
Speaker 2: notice supply wasn't totally full, so an announcement was made
Speaker 2: that the seat assignments were going to be reconfigured. I
Speaker 2: can tell you for people to have their favorite seat,
Speaker 2: that did not go over well. But one they boarded Brian,
Speaker 2: every person was either in a window or anile seat.
Speaker 2: Not a single person was in a middle seat. Now,
Speaker 2: originally they had people in the middle seat, but this
Speaker 2: agent redid everything so that everybody would have an empty
Speaker 2: seat next to them. So the people get on board,
Speaker 2: they see what has been done. They're amazed that, oh
Speaker 2: my gosh, like real customer service here, somebody's looking out
Speaker 2: for us. And that story the pictures went viral and
Speaker 2: it was just a great, great move on the part
Speaker 2: of a Delta agent who, instead of blindly was going
Speaker 2: through the motions, said hey, look I can do something here.
Speaker 2: Because normally what would happen You and I would get
Speaker 2: on a plane and we would see, okay, I'm in
Speaker 2: the middle seat, that's the I'll move around, but that
Speaker 2: creates some onboard chaos. This agent took every bit of
Speaker 2: that out of the equation and did an incredible job. Yeah,
Speaker 2: I just again absolutely loved what I saw.
Speaker 1: That's great news. And then they got on a Boeing
Speaker 1: airplane and the door flew off.
Speaker 2: Well, you know, that's another story.
Speaker 1: I see American Airlines says, doesn't shock me. I'm surprised
Speaker 1: they were still servicing Haiti, but they seized service to
Speaker 1: Haiti probably because of gunfire. I mean, lord almighty, it's
Speaker 1: just an absolute anarchy situation in Haiti right now.
Speaker 2: Well, and the State Department has warned people from that,
Speaker 2: Brian over the last you know, since the beginning of
Speaker 2: I guess last last year excuse me, last fault, where
Speaker 2: they were talking to a lot of people saying, hey, look,
Speaker 2: you know, this is a dangerous position, dangerous place. There's
Speaker 2: a situation where we have a lot of people that
Speaker 2: are and gunfires around the airport. Were being very careful
Speaker 2: and advising people to be very cautious as they're approaching
Speaker 2: anything to do with Haiti, And sadly, when you look
Speaker 2: at it, it's just amazing to me to see that
Speaker 2: we still operated flights after that point. Because you had
Speaker 2: a Spirit flight that was not only shot at, but struck,
Speaker 2: You actually had bullet holes in the overhead storage compartments.
Speaker 2: You had the American Airlines that was targeted, Jet Blue
Speaker 2: that was targeted, and these airlines eventually said we're not
Speaker 2: going to be flying there. And then the FAA stopped
Speaker 2: in and stepped in and said, okay, no more flights
Speaker 2: in and out of Haiti for the time being. And
Speaker 2: just amazes me when you look at just how dangerous
Speaker 2: it is to fly in there with the current situation
Speaker 2: that exists.
Speaker 1: Well, and once you get off the plane it's even
Speaker 1: more dangerous.
Speaker 2: Well, but you know, there are some people that want
Speaker 2: to get back there, and I understand why, and you know,
Speaker 2: it's to me a situation where you know, I'd be
Speaker 2: more interested in being one of the people trying to
Speaker 2: get out of there than anything else. But it's you know,
Speaker 2: but again, the airlines like to air on the side
Speaker 2: of caution. We want them to do so. So as
Speaker 2: a result, the whole idea is, hey, let's do what
Speaker 2: we can to keep our passengers and crew safe, and
Speaker 2: that's what's what they're trying to do.
Speaker 1: Well, and maybe saving lives in the process by not
Speaker 1: bringing more people into a war torn gang run situation
Speaker 1: where they might get kidnapped or murdered anyhow.
Speaker 2: Well, that's probably a pretty good idea just as.
Speaker 1: Well, just say it all right. I got some photographs
Speaker 1: along with this one apparently American airline planes look like
Speaker 1: old nineteen sixties vans. Oh my gosh, you know.
Speaker 2: Whoever in American airlines somebody's not getting it because we're
Speaker 2: seeing more and more of these pictures go online where
Speaker 2: you have seats that are missing, lots of ducks, duct
Speaker 2: tape which has obviously been there for more than a
Speaker 2: few flights, and you're thinking, they're okay with this, and
Speaker 2: you know, in this era of social media, you've got
Speaker 2: anxious flow. They look at that and they're thinking, if
Speaker 2: is this how you take care of cosmetic changes? Because
Speaker 2: if it is, I'm worried about the take care of
Speaker 2: maybe the engine and types of things. You know, Oh
Speaker 2: my lord, it's unbelievable, Brian, just unbelievable. So you know,
Speaker 2: as you look at things, you're hoping that somebody will
Speaker 2: will catch on here to what we're talking about and
Speaker 2: do what they can to make certain improvements. And let's
Speaker 2: hope that that's the case because it really needs to
Speaker 2: be so well.
Speaker 1: I mean, there's a picture of a seat that doesn't
Speaker 1: even have a seat back on it.
Speaker 2: Oh no, no, the whole seat's missing in one and
Speaker 2: the guy us a leg rest. So you know it's
Speaker 2: you look at that and you're thinking somebody in an
Speaker 2: Americans just not getting it. Because to allow that to
Speaker 2: continue to be the case, what you're doing is allowing
Speaker 2: that perception to continue. And and you just Americans a
Speaker 2: good airline in so many ways. They've got some incredible
Speaker 2: people that work for them. But when you allow this
Speaker 2: kind of an aircraft and there's of them to be
Speaker 2: out there, which you're older, they're going to be replaced.
Speaker 2: They're going to probably say Boeing would give us our airplanes,
Speaker 2: we would be you know, we would have them. But
Speaker 2: the whole point is that you just can't allow that
Speaker 2: optic to be out there because it gives the wrong impression.
Speaker 2: And if I'm an anxious flyer I see those seats,
Speaker 2: my next flight's not going to be on American airlines.
Speaker 2: I can promise you that, brother.
Speaker 1: Well, and very briefly, apparently hasn't he impacted global airline
Speaker 1: profit because apparently we've they passed the trillion dollars in revenue.
Speaker 2: Well, they're expecting that for twenty twenty five. That's the projection.
Speaker 2: And if you want to win a bar bat, ask
Speaker 2: somebody how much you think they think airlines make on
Speaker 2: profit average per passenger. Internationally, the average is seven dollars.
Speaker 1: Oh my word, I guess you got to make that
Speaker 1: out In the United States, we.
Speaker 2: Have it up to we have it up to like
Speaker 2: twelve dollars a passenger. But we're actually looking at twenty
Speaker 2: twenty five of having five billion people fly, and that
Speaker 2: would put us over the one trillion market revenue for
Speaker 2: the year, first time we've ever done it. So it's
Speaker 2: gonna be fascinating to see if we can pull that off.
Speaker 2: But of course a lot of that means more bag
Speaker 2: fees and other types of things, blah blah blah. But
Speaker 2: the bottom line is, hey, you know, let's let's let's
Speaker 2: see where it goes. Because the thought is, if aviation
Speaker 2: doubles in you know, the size doubles the next twenty
Speaker 2: years is expected. Twenty years from now, Brian, you and
Speaker 2: I are gonna look back at this as the good
Speaker 2: old days.
Speaker 1: Apparently, Kara a really quickly since arount of time. Any
Speaker 1: problems you see out there with travel today, I do not.
Speaker 2: It looks like it's be a beautiful day to fly.
Speaker 2: So if you picked the day, you picked a good one.
Speaker 1: Jay Rattliff. God bless you, sir. Love our conversations every
Speaker 1: Thursday at eight thirty and you'll find our podcast at
Speaker 1: five Caresey dot com. Jay, have a wonderful weekend, my brother.
Speaker 1: We'll talk again next week you too. It is eight
Speaker 1: fifty five. Remember podcast at you five Casey dot com.
Speaker 1: Senator Ran Paul, we talked about the border, We talked
Speaker 1: about the COVID report. He is going to be all
Speaker 1: over that under the Trump administration. And Doge Donald and
Speaker 1: the Americans for prosperity on that House bills. I think
Speaker 1: it's seventy nine is energy bill in Ohio? Sounds like
Speaker 1: a terrible idea to me, opt out and call your
Speaker 1: elected official in Columbus and Thomas say no. Ed Jay
Speaker 1: Ratliffe right there at the end, I thank you so
Speaker 1: much Sean McMahon for coming for the vacationing Joe strecord.
Speaker 1: You did a great job today. We'll talk to tomorrow.
Speaker 1: H Bill O'Reilly. Yeah, Bill O'Reilly's going to be back.
Speaker 1: He's going to be talking about the election and his book.
Speaker 1: But we're also going to hear from of course Tech
Speaker 1: Fredie with Dave Patter at six point thirty. Have a
Speaker 1: wonderful day, folks, and okaway because Glenn Bak's going to
Speaker 1: be right up