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<v Speaker 1>Hey, thirty two fifty wont care City talks days and

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<v Speaker 1>Thursdays mean it's time for iHeartMedia aviation expert Jay Ratliffe

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<v Speaker 1>also does a really good job trading stocks during the day.

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<v Speaker 1>You can find online check them out and learn more

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<v Speaker 1>about it at daytrade fund dot com. It's Jay Ratliffe.

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<v Speaker 1>Welcome back, my friend, and I saw your follow up

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<v Speaker 1>email said you had an interesting Charles Schwab stories, so

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<v Speaker 1>why not start there. Good to hear from you, my friend.

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<v Speaker 2>Well, it's always good to be here, Brian. You know,

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<v Speaker 2>I'm always warning people, because I've been watching the stock

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<v Speaker 2>market since ninety two ninety three, to really be careful

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<v Speaker 2>playing follow the leader, and I was really reminded of

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<v Speaker 2>that this morning. Charles Schwab recently added chairs of Caros Therapeutics.

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<v Speaker 2>They bought like thirty two thousand more shares, meaning they

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<v Speaker 2>then had a total of two hundred and sixty thousand

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<v Speaker 2>chairs of this company. And a lot of the other

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<v Speaker 2>institutional investors kind of followed suit because look, it's Charles Swab.

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<v Speaker 2>If they're doing it, I should be doing it. And

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<v Speaker 2>a lot of individual investors I'm sure followed suit. Well,

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<v Speaker 2>obviously this is an obvious set up here because this

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<v Speaker 2>morning that stock is down seventy five person, oh my god,

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<v Speaker 2>it is now. They had the news on the adverse

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<v Speaker 2>drug news and as a result that the stock is

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<v Speaker 2>down and I lost count on how much two hundred

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<v Speaker 2>and sixty thousand chairs that you know, fifty bucks down

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<v Speaker 2>a share would be. But it's a lot there. But

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<v Speaker 2>Brian is just a reminder, and we talk about it

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<v Speaker 2>all the time, just be very careful. So many people

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<v Speaker 2>play follow the leader where they'll see somebody like a

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<v Speaker 2>Charles Schwab or a Warren Buffett or somebody else do something,

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<v Speaker 2>and instead of really guarding their portfolio and protecting it,

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<v Speaker 2>they play follow the leader, and far too many times,

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<v Speaker 2>instead of diversifying as they should, because it's a Charles

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<v Speaker 2>Schwab or whoever, they will jump in and grab these

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<v Speaker 2>shares and because look at Charles Wabb they know what

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<v Speaker 2>they're doing. And the next thing you know, you put

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<v Speaker 2>in most if not all, of your portfolio on a

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<v Speaker 2>single stock and bam, you're down big. So please, I'm

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<v Speaker 2>I'm just urging everybody please be careful, and that's I

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<v Speaker 2>appreciate you're letting me again remind our listeners of that

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<v Speaker 2>because I don't care if I train them on how

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<v Speaker 2>to trade stocks or not. I just wanted to be

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<v Speaker 2>careful when you're talking about playing follow of the Leader.

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<v Speaker 1>Oh, very important. I imagine you were not invested when

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<v Speaker 1>it dropped.

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<v Speaker 2>Actually no, I'm up nine hundred and sixty nine dollars

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<v Speaker 2>as we talk. I've yet to sell because you wait

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<v Speaker 2>for those drops when you're in our group. But my

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<v Speaker 2>heart goes out to everybody that just blindly plays follow

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<v Speaker 2>the Leader, and it just I understand why everybody's looking

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<v Speaker 2>for a get rich quick kind of thing. But you

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<v Speaker 2>just got to be careful when you when you're following

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<v Speaker 2>the Warren Buffets and others, because just because you have

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<v Speaker 2>a lot of money doesn't make you mean. You make

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<v Speaker 2>a lot of really good decisions.

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<v Speaker 1>Slow and steady winds race and don't have every time.

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<v Speaker 1>Don't everyone hang around too long, said daytrade fun dot com.

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<v Speaker 1>Stay aroun, we're gonna hear about me aviation issues coming up.

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<v Speaker 1>Maybe you had comment or two. I'm gonna hit you

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<v Speaker 1>with a comment or two about drones flying around. Yeah,

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<v Speaker 1>it's a thirty five right now. If you have care

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<v Speaker 1>see the talk station, be right back I've KRC the

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<v Speaker 1>talk station. We've ever been in the cockpit before, ever

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<v Speaker 1>seen a grand man naked? You like movies about gladiators.

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<v Speaker 1>I heart Mediaa's Next Bird. Jay Ratliffe always give us

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<v Speaker 1>an opportunity to go back to the airplane and a

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<v Speaker 1>couple of soundbites. Love that movie.

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<v Speaker 2>Uh, well, you need to watch it with a younger

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<v Speaker 2>person that's maybe in their twenties, that are politically correct,

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<v Speaker 2>and just watch their face as you go through that movie.

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<v Speaker 2>They'll be amazed. You can say things like that, Yeah,

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<v Speaker 2>when we used to have a sense of humor.

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<v Speaker 1>You could that is so true. Heyhow Jay, I had

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<v Speaker 1>to ask. I started out the program this morning because

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<v Speaker 1>all these reports about the drunes flying around New Jersey.

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<v Speaker 1>They've been having it now for the last month or so.

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<v Speaker 1>Big as an RV, they're a giant. There's multiple of

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<v Speaker 1>them at the same time. They're all found the same

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<v Speaker 1>course and path. They're flying around military bases or not that.

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<v Speaker 1>And yet nobody in an elected capacity, known in an

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<v Speaker 1>official capacity, FBI, CIA, intelligence officials, elected officials, we don't

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<v Speaker 1>have any idea. You just know that there's no concern here,

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<v Speaker 1>like what somebody had to nerve some and it made

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<v Speaker 1>fun of them, said that there was a giant Iranian

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<v Speaker 1>like mother ship somewhere off the coast that had these

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<v Speaker 1>things packed on board. And as soon as I read them, like,

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<v Speaker 1>oh Lord almighty, you actually said that out loud, and

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<v Speaker 1>you know, well, I guess my short question is why

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<v Speaker 1>the hell hasn't someone just shot one down? They really

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<v Speaker 1>can't figure out what they are, where they came from,

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<v Speaker 1>shooting out of the sky. Let's find out.

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<v Speaker 2>Well, I'll tell you what. If you do, you'll find

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<v Speaker 2>out the first people that show up who belongs to right. Yeah,

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<v Speaker 2>so I'm in total agreement. But this idea that there's

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<v Speaker 2>nothing to see here, and then you've got the meeting

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<v Speaker 2>that took place I think yesterday or the day before,

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<v Speaker 2>where the Governor of New Jersey doesn't bother to show

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<v Speaker 2>up for the briefing it. There's just so many questions,

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<v Speaker 2>which makes me think somebody knows something. But to see

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<v Speaker 2>thirty forty fifty of these sightings where people are seeing

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<v Speaker 2>them videotaping, I'm recording them and notifying authorities and being told, hey,

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<v Speaker 2>we don't know what they are, but be there. There

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<v Speaker 2>is you know, no concern I mean, how can you

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<v Speaker 2>say one without saying the other? I mean, there's no

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<v Speaker 2>way you can see. We have no idea who they,

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<v Speaker 2>who they are, where they you know, come from. But

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<v Speaker 2>don't worry, there's no security threat. And of course we're

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<v Speaker 2>all screaming going that you can't say one without the other,

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<v Speaker 2>So it just baffles your mind. It reminds me of

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<v Speaker 2>the balloon that flew across thea where people are just

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<v Speaker 2>kind of like la la la la la. Well, I mean,

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<v Speaker 2>I'm sorry, I have to think that a Ronald Reagan,

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<v Speaker 2>that Donald Trump, if they were absolutely clueless on who

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<v Speaker 2>these belonged to, this would have been a one and

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<v Speaker 2>done type of thing and we would have found out

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<v Speaker 2>real quick what was going on, because look, we deserve answers.

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<v Speaker 2>And if I'm in New Jersey, you better believe I'm

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<v Speaker 2>concerned because I want to know what the heck's going on.

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<v Speaker 2>A size of an SUV drone flying over, Yeah, that's

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<v Speaker 2>a concern.

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<v Speaker 1>It is. That is not your everyday hobbyist type of drone,

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<v Speaker 1>especially when there are multiple of them. And I read

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<v Speaker 1>somewhere this morning. I thought it was rather comical the

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<v Speaker 1>story itself, but that it's illegal to shoot drones down.

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<v Speaker 1>I guess in New Jersey.

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<v Speaker 2>I don't know the law it is, it's the law

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<v Speaker 2>because you know, if somebody look, when the Amazon deliveries

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<v Speaker 2>begin and all this stuff happens in earnest with drones,

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<v Speaker 2>you will not be able to walk outside without hearing

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<v Speaker 2>the annoying sound of those things flying everywhere. And you

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<v Speaker 2>also are going to have these unmanned drones that are

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<v Speaker 2>going to be uber taxis that seat two or four people,

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<v Speaker 2>that lands in your driveway, you jump in and it

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<v Speaker 2>takes you to wherever. So this is the norm and

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<v Speaker 2>very soon will be. And when you look at the

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<v Speaker 2>people going to the Federal Aviation Ministration asking them for answers,

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<v Speaker 2>because look, they're the ones that are supposed to manage

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<v Speaker 2>the airspace, control the air space, actually know who is

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<v Speaker 2>where and when they don't have an answer of what's

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<v Speaker 2>going on, or at least reportedly, so that's when my

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<v Speaker 2>concern level goes quite a bit, because if we really

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<v Speaker 2>don't know what's going on, what if one of these

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<v Speaker 2>sus the CV sized drones comes flying around near a

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<v Speaker 2>commercial airport when you've got arriving and departing commercial traffic,

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<v Speaker 2>and they might be in close proximity to a commercial plate.

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<v Speaker 2>Then would we be concerned enough to do something? I

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<v Speaker 2>would like to think so.

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<v Speaker 1>I would like to think so too. But you know, Jay,

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<v Speaker 1>there is a law in the books that says you

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<v Speaker 1>can't fly a drone around an airport. And oh my gosh,

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<v Speaker 1>it's also illegal apparently in New Jersey to fly these

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<v Speaker 1>drones at night. And oh look what's happening. Sometimes there

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<v Speaker 1>are laws in the books and people just choose to

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<v Speaker 1>ignore them. Jay.

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<v Speaker 2>Well, you know, I'm not suggesting anybody would have a

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<v Speaker 2>beer and shoot at one just see if they get

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<v Speaker 2>in it.

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<v Speaker 1>I'm encouraging you know.

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<v Speaker 2>We would never do that.

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<v Speaker 1>No, No, I know that would never happen.

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<v Speaker 2>I always want you to follow the law. But isn't

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<v Speaker 2>there also a law not to fly those bad boys

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<v Speaker 2>near military bases?

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<v Speaker 1>I would think so, right, And don't you think with

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<v Speaker 1>a trillion dollar just past military budget out of the house,

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<v Speaker 1>almost a trillion, that there might be some and in

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<v Speaker 1>some prior defense authorization spending money or resources to create

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<v Speaker 1>drone dropping hardware or some way of knocking them out

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<v Speaker 1>of the sky. I got to imagine we already had

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<v Speaker 1>that technology. Why not utilize it.

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<v Speaker 2>I don't know, We'll just have to wait for the

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<v Speaker 2>next Saturday Night Lives get to figure it all out.

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<v Speaker 1>Together, I guess. So moving over to what could be

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<v Speaker 1>a Saturday Night Lights get ongoing Boeing, It's sixty minutes

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<v Speaker 1>piece highlighting Boeing anything that we found out about it

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<v Speaker 1>that they revealed that we didn't already know.

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<v Speaker 2>Now, Brian, they have apparently been listening to us through

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<v Speaker 2>this year because you and I were talking about at

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<v Speaker 2>the beginning of this year. Boeing in the last week

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<v Speaker 2>of December sent out a memo saying, some of the

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<v Speaker 2>nuts and bolts on the rudder control system are missing

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<v Speaker 2>or they're under torque hardware, meaning they're loose, so you

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<v Speaker 2>might have your mechanic's keep an eye on that. And again,

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<v Speaker 2>rudder control that's how the pilots keep the plane in

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<v Speaker 2>the sky and have control of the airplane. That's when

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<v Speaker 2>we knew that what's going on, because Boeing said after

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<v Speaker 2>the Boeing Max crashes that you know they were going

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<v Speaker 2>to be more attentive than ever. And then of course

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<v Speaker 2>we had two weeks later the door plug blow off,

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<v Speaker 2>that last airline slider fall off would be a better word,

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<v Speaker 2>since it wasn't secured. And the point is that in

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<v Speaker 2>that documentary there was not anything that was really new,

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<v Speaker 2>but for a lot of people that had not been

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<v Speaker 2>paying attention when they saw that sixty minutes piece on Sunday,

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<v Speaker 2>where many of these whistleblowers had come forward saying, look,

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<v Speaker 2>the supply chain is so slow that many times when

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<v Speaker 2>we run out of parts, it shuts everything down. And

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<v Speaker 2>since that is a situation for Boeing management that in

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<v Speaker 2>the past had been unacceptable, they would send us as employees,

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<v Speaker 2>according to the whistleblowers, to the scrap bend, to pick

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<v Speaker 2>out the best failed part, which is marked and red

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<v Speaker 2>with red paint, Clean off that red paint, bring it back,

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<v Speaker 2>slap it on the airplane so that the production schedule

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<v Speaker 2>could continue. Now, this isn't one or two whistleblowers, which

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<v Speaker 2>I'm at dozens that have come forward with these complaints

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<v Speaker 2>saying you can't have failed parts on aircraft. We're not

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<v Speaker 2>talking about rebuilding my computer or my Chevy Silverado, or

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<v Speaker 2>we're talking about an aircraft that is used that in

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<v Speaker 2>essence could be a safety issue for thousands and thousands

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<v Speaker 2>of people. When you look at at this and briand

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<v Speaker 2>it just amazes me that Boeing, probably not so because

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<v Speaker 2>of all the defense contracts they have, but to continue

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<v Speaker 2>to operate like this with kind of a well we'll

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<v Speaker 2>get better, it's gonna be okay. We got a new

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<v Speaker 2>CEO now, so things are going to be a lot better.

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<v Speaker 2>I mean, what a bunch of craf I mean, they

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<v Speaker 2>gave us those promises five years ago, and obviously they

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<v Speaker 2>were lying then. So do I believe them now?

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<v Speaker 1>No? I do not, big mill on that one. Let's pause.

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<v Speaker 1>We'll bring Jay Ratlift back for one more. It's Hey

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<v Speaker 1>forty six fifty five KCD talk station, Hey forty eight

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<v Speaker 1>FIVECARECD Talk Days Brian Thomas with IR media expert Jay

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<v Speaker 1>Ratlift Day. We've got some more things talk about moving

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<v Speaker 1>away from Boeing. Let's uh, what about Delta forcing passengers

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<v Speaker 1>around a different seats?

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<v Speaker 2>You and I are going to like this one. This

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<v Speaker 2>is a Delta agent in Atlanta, and I wish I

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<v Speaker 2>had this agent's name. I'd love to acknowledge their efforts

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<v Speaker 2>over the airways across the country, But this particular individual

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<v Speaker 2>notice supply wasn't totally full, so an announcement was made

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<v Speaker 2>that the seat assignments were going to be reconfigured. I

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<v Speaker 2>can tell you for people to have their favorite seat,

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<v Speaker 2>that did not go over well. But one they boarded Brian,

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<v Speaker 2>every person was either in a window or anile seat.

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<v Speaker 2>Not a single person was in a middle seat. Now,

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<v Speaker 2>originally they had people in the middle seat, but this

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<v Speaker 2>agent redid everything so that everybody would have an empty

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<v Speaker 2>seat next to them. So the people get on board,

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<v Speaker 2>they see what has been done. They're amazed that, oh

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<v Speaker 2>my gosh, like real customer service here, somebody's looking out

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<v Speaker 2>for us. And that story the pictures went viral and

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<v Speaker 2>it was just a great, great move on the part

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<v Speaker 2>of a Delta agent who, instead of blindly was going

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<v Speaker 2>through the motions, said hey, look I can do something here.

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<v Speaker 2>Because normally what would happen You and I would get

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<v Speaker 2>on a plane and we would see, okay, I'm in

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<v Speaker 2>the middle seat, that's the I'll move around, but that

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<v Speaker 2>creates some onboard chaos. This agent took every bit of

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<v Speaker 2>that out of the equation and did an incredible job. Yeah,

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<v Speaker 2>I just again absolutely loved what I saw.

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<v Speaker 1>That's great news. And then they got on a Boeing

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<v Speaker 1>airplane and the door flew off.

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<v Speaker 2>Well, you know, that's another story.

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<v Speaker 1>I see American Airlines says, doesn't shock me. I'm surprised

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<v Speaker 1>they were still servicing Haiti, but they seized service to

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<v Speaker 1>Haiti probably because of gunfire. I mean, lord almighty, it's

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<v Speaker 1>just an absolute anarchy situation in Haiti right now.

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<v Speaker 2>Well, and the State Department has warned people from that,

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<v Speaker 2>Brian over the last you know, since the beginning of

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<v Speaker 2>I guess last last year excuse me, last fault, where

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<v Speaker 2>they were talking to a lot of people saying, hey, look,

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<v Speaker 2>you know, this is a dangerous position, dangerous place. There's

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<v Speaker 2>a situation where we have a lot of people that

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<v Speaker 2>are and gunfires around the airport. Were being very careful

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<v Speaker 2>and advising people to be very cautious as they're approaching

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<v Speaker 2>anything to do with Haiti, And sadly, when you look

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<v Speaker 2>at it, it's just amazing to me to see that

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<v Speaker 2>we still operated flights after that point. Because you had

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<v Speaker 2>a Spirit flight that was not only shot at, but struck,

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<v Speaker 2>You actually had bullet holes in the overhead storage compartments.

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<v Speaker 2>You had the American Airlines that was targeted, Jet Blue

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<v Speaker 2>that was targeted, and these airlines eventually said we're not

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<v Speaker 2>going to be flying there. And then the FAA stopped

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<v Speaker 2>in and stepped in and said, okay, no more flights

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<v Speaker 2>in and out of Haiti for the time being. And

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<v Speaker 2>just amazes me when you look at just how dangerous

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<v Speaker 2>it is to fly in there with the current situation

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<v Speaker 2>that exists.

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<v Speaker 1>Well, and once you get off the plane it's even

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<v Speaker 1>more dangerous.

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<v Speaker 2>Well, but you know, there are some people that want

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<v Speaker 2>to get back there, and I understand why, and you know,

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<v Speaker 2>it's to me a situation where you know, I'd be

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<v Speaker 2>more interested in being one of the people trying to

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<v Speaker 2>get out of there than anything else. But it's you know,

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<v Speaker 2>but again, the airlines like to air on the side

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<v Speaker 2>of caution. We want them to do so. So as

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<v Speaker 2>a result, the whole idea is, hey, let's do what

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<v Speaker 2>we can to keep our passengers and crew safe, and

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<v Speaker 2>that's what's what they're trying to do.

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<v Speaker 1>Well, and maybe saving lives in the process by not

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<v Speaker 1>bringing more people into a war torn gang run situation

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<v Speaker 1>where they might get kidnapped or murdered anyhow.

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<v Speaker 2>Well, that's probably a pretty good idea just as.

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<v Speaker 1>Well, just say it all right. I got some photographs

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<v Speaker 1>along with this one apparently American airline planes look like

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<v Speaker 1>old nineteen sixties vans. Oh my gosh, you know.

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<v Speaker 2>Whoever in American airlines somebody's not getting it because we're

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<v Speaker 2>seeing more and more of these pictures go online where

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<v Speaker 2>you have seats that are missing, lots of ducks, duct

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<v Speaker 2>tape which has obviously been there for more than a

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<v Speaker 2>few flights, and you're thinking, they're okay with this, and

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<v Speaker 2>you know, in this era of social media, you've got

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<v Speaker 2>anxious flow. They look at that and they're thinking, if

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<v Speaker 2>is this how you take care of cosmetic changes? Because

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<v Speaker 2>if it is, I'm worried about the take care of

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<v Speaker 2>maybe the engine and types of things. You know, Oh

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<v Speaker 2>my lord, it's unbelievable, Brian, just unbelievable. So you know,

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<v Speaker 2>as you look at things, you're hoping that somebody will

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<v Speaker 2>will catch on here to what we're talking about and

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<v Speaker 2>do what they can to make certain improvements. And let's

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<v Speaker 2>hope that that's the case because it really needs to

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<v Speaker 2>be so well.

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<v Speaker 1>I mean, there's a picture of a seat that doesn't

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<v Speaker 1>even have a seat back on it.

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<v Speaker 2>Oh no, no, the whole seat's missing in one and

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<v Speaker 2>the guy us a leg rest. So you know it's

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<v Speaker 2>you look at that and you're thinking somebody in an

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<v Speaker 2>Americans just not getting it. Because to allow that to

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<v Speaker 2>continue to be the case, what you're doing is allowing

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<v Speaker 2>that perception to continue. And and you just Americans a

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<v Speaker 2>good airline in so many ways. They've got some incredible

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<v Speaker 2>people that work for them. But when you allow this

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<v Speaker 2>kind of an aircraft and there's of them to be

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<v Speaker 2>out there, which you're older, they're going to be replaced.

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<v Speaker 2>They're going to probably say Boeing would give us our airplanes,

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<v Speaker 2>we would be you know, we would have them. But

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<v Speaker 2>the whole point is that you just can't allow that

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<v Speaker 2>optic to be out there because it gives the wrong impression.

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<v Speaker 2>And if I'm an anxious flyer I see those seats,

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<v Speaker 2>my next flight's not going to be on American airlines.

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<v Speaker 2>I can promise you that, brother.

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<v Speaker 1>Well, and very briefly, apparently hasn't he impacted global airline

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<v Speaker 1>profit because apparently we've they passed the trillion dollars in revenue.

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<v Speaker 2>Well, they're expecting that for twenty twenty five. That's the projection.

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<v Speaker 2>And if you want to win a bar bat, ask

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<v Speaker 2>somebody how much you think they think airlines make on

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<v Speaker 2>profit average per passenger. Internationally, the average is seven dollars.

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<v Speaker 1>Oh my word, I guess you got to make that

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<v Speaker 1>out In the United States, we.

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<v Speaker 2>Have it up to we have it up to like

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<v Speaker 2>twelve dollars a passenger. But we're actually looking at twenty

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<v Speaker 2>twenty five of having five billion people fly, and that

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<v Speaker 2>would put us over the one trillion market revenue for

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<v Speaker 2>the year, first time we've ever done it. So it's

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<v Speaker 2>gonna be fascinating to see if we can pull that off.

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<v Speaker 2>But of course a lot of that means more bag

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<v Speaker 2>fees and other types of things, blah blah blah. But

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<v Speaker 2>the bottom line is, hey, you know, let's let's let's

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<v Speaker 2>see where it goes. Because the thought is, if aviation

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<v Speaker 2>doubles in you know, the size doubles the next twenty

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<v Speaker 2>years is expected. Twenty years from now, Brian, you and

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<v Speaker 2>I are gonna look back at this as the good

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<v Speaker 2>old days.

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<v Speaker 1>Apparently, Kara a really quickly since arount of time. Any

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<v Speaker 1>problems you see out there with travel today, I do not.

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<v Speaker 2>It looks like it's be a beautiful day to fly.

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<v Speaker 2>So if you picked the day, you picked a good one.

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<v Speaker 1>Jay Rattliff. God bless you, sir. Love our conversations every

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<v Speaker 1>Thursday at eight thirty and you'll find our podcast at

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<v Speaker 1>five Caresey dot com. Jay, have a wonderful weekend, my brother.

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<v Speaker 1>We'll talk again next week you too. It is eight

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<v Speaker 1>fifty five. Remember podcast at you five Casey dot com.

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<v Speaker 1>Senator Ran Paul, we talked about the border, We talked

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<v Speaker 1>about the COVID report. He is going to be all

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<v Speaker 1>over that under the Trump administration. And Doge Donald and

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<v Speaker 1>the Americans for prosperity on that House bills. I think

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<v Speaker 1>it's seventy nine is energy bill in Ohio? Sounds like

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<v Speaker 1>a terrible idea to me, opt out and call your

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<v Speaker 1>elected official in Columbus and Thomas say no. Ed Jay

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<v Speaker 1>Ratliffe right there at the end, I thank you so

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<v Speaker 1>much Sean McMahon for coming for the vacationing Joe strecord.

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<v Speaker 1>You did a great job today. We'll talk to tomorrow.

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<v Speaker 1>H Bill O'Reilly. Yeah, Bill O'Reilly's going to be back.

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<v Speaker 1>He's going to be talking about the election and his book.

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<v Speaker 1>But we're also going to hear from of course Tech

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<v Speaker 1>Fredie with Dave Patter at six point thirty. Have a

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<v Speaker 1>wonderful day, folks, and okaway because Glenn Bak's going to

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<v Speaker 1>be right up