WEBVTT 1 00:00:00.080 --> 00:00:03.520 This is Dan Kaplis and welcome to today's online podcast 2 00:00:03.640 --> 00:00:05.759 edition of The Dan Kaplis Show. Please be sure to 3 00:00:05.759 --> 00:00:08.240 give us a five star rating if you'd be so kind, 4 00:00:08.320 --> 00:00:11.599 and to subscribe, download and listen to the show every 5 00:00:11.679 --> 00:00:14.880 single day on your favorite podcast platform. 6 00:00:15.519 --> 00:00:18.480 Well, spoiler alert, this whole show is going to tell 7 00:00:18.519 --> 00:00:20.199 you what the future is going to be. So if 8 00:00:20.239 --> 00:00:21.719 you don't want to know what the future is going 9 00:00:21.800 --> 00:00:24.879 to be, please don't listen, But we really want you 10 00:00:24.920 --> 00:00:26.920 to stay three or three someone three eight two five 11 00:00:26.920 --> 00:00:29.800 to five The number text d A N five seven 12 00:00:29.879 --> 00:00:32.600 seven three nine. Obviously a little tongue in cheek, but 13 00:00:32.640 --> 00:00:34.520 come on now, credit where credits? 14 00:00:34.560 --> 00:00:34.600 Do? 15 00:00:34.759 --> 00:00:34.960 Ryan? 16 00:00:35.000 --> 00:00:38.200 Do you expect we're going to soon start receiving like 17 00:00:38.280 --> 00:00:41.359 electronic transfers of funds. What what do you think would 18 00:00:41.399 --> 00:00:46.079 be an appropriate percentage for people, completely voluntary, completely voluntary, 19 00:00:46.600 --> 00:00:47.679 to share. 20 00:00:47.520 --> 00:00:49.479 Off of any of their gains in the market. 21 00:00:49.600 --> 00:00:53.520 Since the second, the second this panic porn started on 22 00:00:53.560 --> 00:00:57.960 the left, which was the second President Trump announced Liberation. 23 00:00:57.600 --> 00:00:59.159 Day in America with these tariffs? 24 00:00:59.759 --> 00:01:02.200 What did I say? What did I say? I said, 25 00:01:02.520 --> 00:01:05.400 he is in control. It's not the art of tariffs, 26 00:01:05.439 --> 00:01:08.000 it's the art of the deal. He is in control, 27 00:01:08.480 --> 00:01:12.239 so we're not going to have a market crash. He's 28 00:01:12.280 --> 00:01:14.760 going to be able to engineer this thing to a point, 29 00:01:14.799 --> 00:01:17.840 a pretty significant point, and I think we are watching 30 00:01:17.840 --> 00:01:21.159 that unfold together now. With that, my young friend, please understand, 31 00:01:21.200 --> 00:01:23.560 And I always tell everybody this, If I talk to 32 00:01:23.599 --> 00:01:25.640 you about what I do in the market, do the opposite, 33 00:01:25.840 --> 00:01:28.159 because at least that way I can sleep at night. 34 00:01:28.200 --> 00:01:31.000 I'd feel horrible if even one person lost a hard 35 00:01:31.000 --> 00:01:31.920 earned dime. 36 00:01:32.319 --> 00:01:33.640 Because of something I said. 37 00:01:34.239 --> 00:01:37.159 But as we look at this thing right now, I mean, 38 00:01:37.200 --> 00:01:40.359 we've got it right from the beginning, right But now 39 00:01:40.719 --> 00:01:42.959 you know, listen, I'm not sitting here thinking, oh yeah, hey, 40 00:01:43.040 --> 00:01:45.120 this market it's just going to go straight up, not 41 00:01:45.239 --> 00:01:47.719 at all. And so you know the fact that I've 42 00:01:47.799 --> 00:01:51.560 layered into this thing and bought into this panic doesn't 43 00:01:51.599 --> 00:01:53.239 mean that I think. 44 00:01:52.959 --> 00:01:55.000 That that the selloffs are over. 45 00:01:55.519 --> 00:01:57.840 I wouldn't be at all surprised if over the next 46 00:01:57.879 --> 00:02:00.640 week we see a number of down days. If we 47 00:02:00.680 --> 00:02:02.640 see it down, we could see it down day tomorrow. 48 00:02:03.120 --> 00:02:05.079 But as I look at this thing as an amateur, 49 00:02:05.120 --> 00:02:08.599 I'm no investment professional. We've been fortunate to have things 50 00:02:08.599 --> 00:02:11.000 work out but as an amateur, the way I look 51 00:02:11.039 --> 00:02:15.080 at this is that, hey, no, there is still going 52 00:02:15.120 --> 00:02:17.960 to be chopping us ahead, right because I mean, you've 53 00:02:17.960 --> 00:02:21.240 still got and I understand why these big one hundred 54 00:02:21.280 --> 00:02:24.159 and twenty five percent tariffs on China, and that is 55 00:02:24.280 --> 00:02:27.280 no small thing because China has been such a violator, 56 00:02:27.599 --> 00:02:30.960 the Communist Party is such an abuser, and those issues 57 00:02:31.000 --> 00:02:32.319 have got to be worked out. 58 00:02:32.360 --> 00:02:34.240 They've got to be worked out for the long term 59 00:02:34.280 --> 00:02:34.879 good of America. 60 00:02:34.919 --> 00:02:37.439 And thank god Trump has the guts to stand up 61 00:02:37.719 --> 00:02:40.960 and take China on on this after Democrats have yapped 62 00:02:41.000 --> 00:02:43.719 about it for how many decades but then not been 63 00:02:43.759 --> 00:02:46.800 willing to do anything. And so Trump was elected as 64 00:02:46.800 --> 00:02:50.199 a disruptor. Is He's doing exactly what he said he'd do. 65 00:02:50.439 --> 00:02:53.159 This is the kind of disruption that people voted for. 66 00:02:53.240 --> 00:02:55.639 He said he was going to do it, and I'm 67 00:02:55.639 --> 00:02:58.039 glad that he is. But I'm also glad he did 68 00:02:58.039 --> 00:03:00.840 what he did today because it got to the point 69 00:03:00.879 --> 00:03:05.240 right where the downsides were starting to outweigh the upsides. 70 00:03:05.280 --> 00:03:07.439 And that's what I said from the very beginning, is 71 00:03:08.039 --> 00:03:11.080 why the panic porn. This isn't like COVID where you 72 00:03:11.120 --> 00:03:14.680 don't know where it's headed. This is largely one guy 73 00:03:14.719 --> 00:03:18.960 in control, and when the negative starts to awigh the positive, 74 00:03:18.960 --> 00:03:19.639 he'll adjust. 75 00:03:19.919 --> 00:03:21.599 And that's exactly what he did today. 76 00:03:21.639 --> 00:03:23.840 Three or three someone three eight two five five text 77 00:03:23.960 --> 00:03:28.800 d A N five seven seven three nine Brian, Are 78 00:03:28.800 --> 00:03:30.599 we getting those electronic transfers yet? 79 00:03:30.599 --> 00:03:33.879 Maybe we have not given a number? Does Kelly e Azel? 80 00:03:34.479 --> 00:03:36.599 Does she have something we could just direct all this? 81 00:03:36.719 --> 00:03:39.360 Well, she sure does, and she'd be a primary beneficiary 82 00:03:39.360 --> 00:03:40.719 of all this. But I think what we all could 83 00:03:40.719 --> 00:03:43.199 live with, Dan is if they wanted to donate ten 84 00:03:43.240 --> 00:03:46.960 percent tithe whatever their earnings were by listening to you, 85 00:03:47.000 --> 00:03:48.280 to Catholic charities. 86 00:03:48.520 --> 00:03:50.759 Which would be a beautiful thing, right, or any charity 87 00:03:50.759 --> 00:03:52.120 of their choice. Right? True? 88 00:03:52.159 --> 00:03:54.960 Obviously my heart very close to Catholic Charities and privileged 89 00:03:54.960 --> 00:03:55.520 to be on the board. 90 00:03:55.560 --> 00:03:56.439 And I truly don't know. 91 00:03:56.520 --> 00:03:58.199 There are so many great charities, but I don't know 92 00:03:58.240 --> 00:04:01.439 of one that does more like in the trenches, nitty 93 00:04:01.439 --> 00:04:04.199 gritty better work with the money it gets than that one. 94 00:04:04.280 --> 00:04:07.080 But anyway, we want to get everybody's reaction to this. 95 00:04:07.199 --> 00:04:07.719 What's your right? 96 00:04:07.719 --> 00:04:09.639 Do you think this was done today from a position 97 00:04:09.680 --> 00:04:13.199 of strength, the position of weakness? Do you think financially 98 00:04:13.240 --> 00:04:15.960 it's the right move or wrong move? Politically the right 99 00:04:16.000 --> 00:04:18.120 move or wrong move. Where do you think it goes 100 00:04:18.120 --> 00:04:21.600 from here? Because it is not over. It is not over, 101 00:04:21.680 --> 00:04:25.279 certainly not in terms of China, and you've got some 102 00:04:25.279 --> 00:04:28.560 some real political dynamics that work on both sides there, 103 00:04:29.399 --> 00:04:31.759 Tara three someone three eight two five five, Yes, sir, Yeah, 104 00:04:31.759 --> 00:04:33.600 it just my two cents Dan on what I read 105 00:04:33.639 --> 00:04:35.439 from today, and I think it was brilliant. 106 00:04:35.480 --> 00:04:37.399 And however, Trump got there, and a lot of people 107 00:04:37.480 --> 00:04:40.279 might think he's kind of, you know, figuring it out 108 00:04:40.319 --> 00:04:42.279 as he goes and making it up on the fly, 109 00:04:42.399 --> 00:04:44.199 and maybe he is in some ways, but like you said, 110 00:04:44.240 --> 00:04:47.160 he always held the car keys here. And if he's 111 00:04:47.199 --> 00:04:49.920 able to hammer out a bunch of one on one 112 00:04:50.160 --> 00:04:53.680 low tariff or zero tariff, mutual reciprocal tariff deals with 113 00:04:53.759 --> 00:04:58.839 all these individual nations, especially ones like Taiwan, Vietnam, et cetera, 114 00:04:58.879 --> 00:05:02.000 that might be direct competitive for what China provides, there 115 00:05:02.040 --> 00:05:05.120 isn't a real opportunity here, I think Dan to isolate 116 00:05:05.240 --> 00:05:07.480 China for the from the rest of the world to 117 00:05:07.560 --> 00:05:10.040 strike these really good deals with all of Europe and 118 00:05:10.040 --> 00:05:12.240 these other nations that want to do business with us, 119 00:05:12.480 --> 00:05:14.759 and it puts China in a very precarious spot. And 120 00:05:14.800 --> 00:05:16.399 I think that was Trump's and tent all along. 121 00:05:17.759 --> 00:05:19.360 And you know what it comes back to. 122 00:05:19.680 --> 00:05:23.199 And and Trump is not subtle about strategy, not at all, right, 123 00:05:23.279 --> 00:05:26.040 And that's one reason he's been so effective piece through strength. 124 00:05:26.079 --> 00:05:28.879 But like this morning when he came out and said, hey, 125 00:05:28.920 --> 00:05:34.480 it's a great time to buy, how could anybody not buy? 126 00:05:34.600 --> 00:05:34.800 Then? 127 00:05:35.279 --> 00:05:36.920 You know, I mean, I think he was making it 128 00:05:36.959 --> 00:05:38.680 pretty clear. And it was an hour later, right, he 129 00:05:38.759 --> 00:05:43.839 made this announcement. But here is today's big reveal. How 130 00:05:43.879 --> 00:05:48.399 does Trump end every rally, every rally he did during 131 00:05:48.399 --> 00:05:48.959 the campaign. 132 00:05:49.000 --> 00:05:50.800 What was the song he played at the end? 133 00:05:52.399 --> 00:05:55.240 Well, hold on, I'm coming. 134 00:05:55.360 --> 00:05:58.120 I thought, I thought every single rally ended with the 135 00:05:58.160 --> 00:05:59.240 same Stone song. 136 00:06:00.399 --> 00:06:02.000 You can't always get what you want. 137 00:06:01.879 --> 00:06:03.759 Right, and they think the Stone. 138 00:06:03.439 --> 00:06:04.879 But you can get what you need right. 139 00:06:05.120 --> 00:06:07.839 And so that's that's the point of this whole strategy, 140 00:06:07.920 --> 00:06:13.279 right is America comes out better in the end. Whether 141 00:06:13.319 --> 00:06:15.800 Trump gets one hundred percent of what he was after 142 00:06:16.000 --> 00:06:18.600 or he gets fifty percent, whether he gets seventy five 143 00:06:18.639 --> 00:06:22.600 percent or he gets thirty percent, we still come out ahead. 144 00:06:23.000 --> 00:06:25.959 And have still made a decisive move in the right direction. 145 00:06:26.079 --> 00:06:28.360 So you can't always get what you want, but you 146 00:06:28.480 --> 00:06:31.920 just might get what you need. And so yeah, do 147 00:06:32.000 --> 00:06:35.000 I think that Trump had set all of this up 148 00:06:35.560 --> 00:06:39.639 to be able to do a pause today for those 149 00:06:39.680 --> 00:06:41.360 who had not retaliated against US. 150 00:06:41.439 --> 00:06:41.519 No. 151 00:06:41.959 --> 00:06:44.720 I think that he moved quicker than he had intended 152 00:06:44.800 --> 00:06:49.759 to on any kind of terror relief because the downsides 153 00:06:49.800 --> 00:06:52.920 were becoming too large. But that was our whole point 154 00:06:52.959 --> 00:06:56.519 in the beginning, Right, is fine, You use your leverage, 155 00:06:56.839 --> 00:06:58.720 you start heading down the road to get the best 156 00:06:58.720 --> 00:07:00.920 deals you can, and then you wo adjust as you 157 00:07:01.040 --> 00:07:04.560 need to, as you weigh the balance along the trip. 158 00:07:04.600 --> 00:07:07.800 And that's exactly what he did today, exactly what we 159 00:07:07.920 --> 00:07:10.560 predicted he would do. And I think it was smart 160 00:07:10.600 --> 00:07:12.600 to do what he did today because you were starting 161 00:07:12.639 --> 00:07:17.360 to get some downsides politically and economically that I think 162 00:07:18.199 --> 00:07:23.040 required him to do what he did today. Three or 163 00:07:23.040 --> 00:07:25.240 three someone three eight two five five text d A 164 00:07:25.439 --> 00:07:28.879 N five seven seven three nine. So we're going to 165 00:07:28.920 --> 00:07:30.959 talk about that anxious for your take. 166 00:07:31.040 --> 00:07:33.560 And what's ahead? Really what is ahead? 167 00:07:33.920 --> 00:07:36.959 Because it's not as if now it's it's all going 168 00:07:37.040 --> 00:07:39.079 to be smooth, it's all going to be perfect. It's 169 00:07:39.120 --> 00:07:41.800 all going to be a first class flight straight up. 170 00:07:42.279 --> 00:07:43.800 So what do you see coming and what do you 171 00:07:43.920 --> 00:07:45.959 intend to do about it? But again I come back 172 00:07:46.000 --> 00:07:49.160 to where we started. All this smart move by Trump, 173 00:07:49.480 --> 00:07:53.120 create leverage, use the economic might of the United States 174 00:07:53.160 --> 00:07:55.800 of America to get us going down the road toward 175 00:07:56.120 --> 00:07:59.279 more fairness, you know when it comes to international trade, 176 00:07:59.319 --> 00:08:02.360 and so were better off today we were before he 177 00:08:02.480 --> 00:08:06.759 started this. And nothing in life, nothing in life that's 178 00:08:06.839 --> 00:08:10.759 worth doing, particularly taking on a big problem, is ever 179 00:08:10.839 --> 00:08:13.680 going to be painless. So we want to talk locally 180 00:08:13.720 --> 00:08:16.920 as well, though, Polis it looks like is going to 181 00:08:17.000 --> 00:08:19.120 veto a bill that we've been talking about on this show. 182 00:08:19.120 --> 00:08:22.199 In fact, my law partner, John Kellner, the former elected 183 00:08:22.240 --> 00:08:25.360 da inter Epo and Douglas Albert and Lincoln had written 184 00:08:25.360 --> 00:08:28.560 a piece for the Gazette on this where Polis and 185 00:08:28.600 --> 00:08:33.279 the Democrats were aiming in this legislative session to restrict 186 00:08:33.559 --> 00:08:37.799 the ability of local cities and towns, you know, to 187 00:08:38.000 --> 00:08:40.960 have severe enough penalties for different crimes that they could 188 00:08:41.000 --> 00:08:43.759 protect the people in their own jurisdiction. You know that 189 00:08:43.879 --> 00:08:47.679 the criminal loving lefties who controlled the state legislature and 190 00:08:48.440 --> 00:08:52.919 democratic politics. Wanted to rein in the cities and towns, 191 00:08:52.919 --> 00:08:55.480 the municipalities and say, oh no, you can't have any 192 00:08:55.519 --> 00:08:59.399 tougher penalties than we have at the state legislature. Looks 193 00:08:59.440 --> 00:09:02.399 like is going to veto that bill. So he hasn't 194 00:09:02.639 --> 00:09:04.960 promised to, but he's making noise in that direction. We'll 195 00:09:05.039 --> 00:09:07.759 update you on that, and that would confirm Ryan, what 196 00:09:07.799 --> 00:09:10.919 we've been talking about politically, right, which is I think 197 00:09:10.960 --> 00:09:13.679 Polis moved down from Colorado a long time ago, maybe 198 00:09:13.720 --> 00:09:16.360 even before he was elected the first time. It was 199 00:09:16.480 --> 00:09:19.480 always about trying to position himself for further office. And 200 00:09:20.080 --> 00:09:22.960 that's not a tough conclusion to reach since remember were 201 00:09:22.960 --> 00:09:24.279 you here when he got elect. 202 00:09:24.120 --> 00:09:27.159 The first time? And yep, right after that the story. 203 00:09:26.879 --> 00:09:30.200 That broke right after that about how entities associated with 204 00:09:30.279 --> 00:09:34.200 Polis had had registered the domain names Polis for President, etc. 205 00:09:34.639 --> 00:09:37.080 So I think he moved on from Colorado a long 206 00:09:37.120 --> 00:09:37.480 time ago. 207 00:09:37.559 --> 00:09:38.279 It's all been. 208 00:09:38.159 --> 00:09:42.039 About this fantasy of becoming president or vice president. 209 00:09:42.279 --> 00:09:43.200 But I can't fault him. 210 00:09:43.279 --> 00:09:45.039 When you go to bed at night, Ryan, let's say 211 00:09:45.039 --> 00:09:47.559 you have a hard time fall asleep. Do you have 212 00:09:47.720 --> 00:09:51.559 any fantasies that kind of help you get to sleep. 213 00:09:51.720 --> 00:09:52.759 I mean I do. 214 00:09:52.799 --> 00:09:55.879 I mean sometimes I'll lay there in bed and maybe 215 00:09:55.919 --> 00:09:57.919 I have a trial the next morning. Whatever, I'm just 216 00:09:57.919 --> 00:10:01.600 trying to clear my mind. I'll be on that back 217 00:10:01.720 --> 00:10:05.120 nine at Augusta and I'll just I'll just visualize and 218 00:10:05.159 --> 00:10:07.720 I'll put myself into that back nine at Augusta and 219 00:10:08.480 --> 00:10:08.759 you know. 220 00:10:08.759 --> 00:10:10.960 Then a Eagle's sixty. 221 00:10:11.039 --> 00:10:14.639 You know, pull in one on sixteen and birdy eighteen 222 00:10:14.679 --> 00:10:17.200 to win the Masters. I think everybody has some of 223 00:10:17.200 --> 00:10:19.440 those fantasies that help me get to sleep at night. 224 00:10:20.360 --> 00:10:23.799 And there is a better chance of mine coming true 225 00:10:23.879 --> 00:10:25.919 than Polus is. You're on the Dan Capitla. 226 00:10:25.639 --> 00:10:36.919 Show and now back to the Dan Taplass Show podcast. 227 00:10:37.240 --> 00:10:40.480 Wall Street has grown wealthier than ever before, and it 228 00:10:40.559 --> 00:10:43.759 can continue to grow and do well. But for the 229 00:10:43.799 --> 00:10:47.799 next four years, the Trump agenda is focused on main Street. 230 00:10:48.080 --> 00:10:52.200 It's main Street's turn. It's main street's turn to hire workers, 231 00:10:52.759 --> 00:10:56.320 it's main street's turn to drive investment, and it's main 232 00:10:56.399 --> 00:10:58.799 Street's turn to restore the American dream. 233 00:10:59.360 --> 00:11:01.840 Oh, I love here and then from the Treasury Secretary 234 00:11:01.840 --> 00:11:03.559 of Scott Pscent, I love hearing that. 235 00:11:03.840 --> 00:11:06.919 And it can't just stop with the economic right. It 236 00:11:06.960 --> 00:11:10.000 can't just stop with the tariff's strategy. 237 00:11:10.039 --> 00:11:13.320 And this is the key distinction, right, because I thought 238 00:11:13.320 --> 00:11:17.080 of tremendous back and forth the other day, Rosskaminski does 239 00:11:17.080 --> 00:11:18.840 a great show over an eight to fifty K and 240 00:11:18.879 --> 00:11:24.320 I kind of debated Trump's tariff strategy, and our different 241 00:11:24.440 --> 00:11:28.519 starting point was my assumption that this was not based 242 00:11:28.600 --> 00:11:33.000 on long term imposition of tariff's for tariff's sake, but 243 00:11:33.120 --> 00:11:37.639 instead was part of a leverage strategy to immediately get 244 00:11:37.639 --> 00:11:42.519 a better landscape worldwide for American trade and therefore benefit 245 00:11:42.600 --> 00:11:45.840 American manufacturing and American other ways. 246 00:11:45.879 --> 00:11:47.279 Okay, and then my. 247 00:11:47.919 --> 00:11:51.519 Esteemed colleague Ross's premise was that, no, it was actually 248 00:11:51.559 --> 00:11:55.919 a long term structural tariff play by Trump, and those 249 00:11:55.960 --> 00:11:58.840 are two completely different strategies, right. I think it's been 250 00:11:59.000 --> 00:12:02.240 proven out at this point that no, that Trump's play 251 00:12:02.320 --> 00:12:06.159 is not a long term imposition of high terriffs for 252 00:12:06.240 --> 00:12:10.159 the purpose of national revenue to say, maybe replace the 253 00:12:10.200 --> 00:12:14.960 income tax, et cetera, but instead a really brilliant strategy 254 00:12:15.000 --> 00:12:19.639 and brilliant use of American strength to improve the playing 255 00:12:19.759 --> 00:12:22.360 field immediately and. 256 00:12:22.240 --> 00:12:23.240 Get as much as you can. 257 00:12:24.080 --> 00:12:26.200 Albeit the song you can't always get what you want 258 00:12:26.279 --> 00:12:28.320 but sometimes you get what you need, which is how 259 00:12:28.600 --> 00:12:31.799 you know he would end musically just about every presidential 260 00:12:31.879 --> 00:12:35.159 campaign stop he did, and that's what he's doing right now. 261 00:12:35.799 --> 00:12:38.480 And I think the timing dictated the big move today. 262 00:12:38.519 --> 00:12:40.919 I think was dictated by, you know, some of the 263 00:12:41.000 --> 00:12:45.799 downsides being larger faster than maybe he was anticipated. But 264 00:12:45.840 --> 00:12:47.919 that's why I always had confidence in this play from 265 00:12:47.960 --> 00:12:50.600 the beginning. He would be in control, he would have 266 00:12:50.639 --> 00:12:54.480 the ability to adjust. So certainly there's some more pain 267 00:12:54.519 --> 00:12:57.960 ahead as China is dealt with, but I like the. 268 00:12:57.879 --> 00:12:59.120 Balance he striking so far. 269 00:12:59.159 --> 00:13:03.240 Three or three, two, five, five texts DA N five, seven, 270 00:13:03.279 --> 00:13:07.360 seventh through nine. And Ryan, we haven't heard of that 271 00:13:07.559 --> 00:13:10.039 signal controversy much lately, have we? 272 00:13:10.879 --> 00:13:13.159 Nope? Yesterday's news. 273 00:13:13.639 --> 00:13:16.639 Yeah, how about Trump has always been a master at that? 274 00:13:16.720 --> 00:13:19.200 Well, how about Corey Booker's twenty five hour filibuster though 275 00:13:19.240 --> 00:13:20.440 supposed to be historic. 276 00:13:20.879 --> 00:13:21.639 No, he is. 277 00:13:22.120 --> 00:13:26.080 He has always been a master at that. And could 278 00:13:26.120 --> 00:13:28.440 it be Listen, this play was coming right, he ran 279 00:13:28.519 --> 00:13:31.279 on it. He's been talking about this for years and 280 00:13:31.320 --> 00:13:35.639 he's right about the underlying problems. So did this get 281 00:13:35.720 --> 00:13:38.840 sped up a little bit because that that timing may 282 00:13:38.840 --> 00:13:41.639 have worked better for the administration knock some other stuff 283 00:13:41.679 --> 00:13:43.960 out of the news cycle. Maybe I don't know, but 284 00:13:44.080 --> 00:13:47.480 clearly this was coming. My only surprise on all of 285 00:13:47.519 --> 00:13:50.679 this is that it didn't begin with an Oval Office 286 00:13:50.679 --> 00:13:55.080 address where he just laid it out comprehensively for everybody. 287 00:13:55.120 --> 00:13:57.960 But again, he has been running on it for years. 288 00:13:58.639 --> 00:14:01.480 Texter to DA seven, seventh through nine. Then I'll get 289 00:14:01.480 --> 00:14:04.919 to the phone lines, Texter says Dan. When I get 290 00:14:04.960 --> 00:14:07.559 every pennyback that I lost you to Trump's rampage, I'll 291 00:14:07.559 --> 00:14:10.039 make a decision on if what he did was good 292 00:14:10.279 --> 00:14:11.919 or bad. I think that's the wrong way to look 293 00:14:11.960 --> 00:14:14.440 at it, my friend, because when you look at the 294 00:14:14.480 --> 00:14:16.720 history of America, right, the only reason we live as 295 00:14:16.720 --> 00:14:18.919 well and as freely as we do today is lots 296 00:14:18.919 --> 00:14:22.320 of Americans before us. We're willing to sacrifice a lot 297 00:14:22.440 --> 00:14:25.519 more than a temporary hit to their four oh one k, etc. 298 00:14:25.759 --> 00:14:27.720 And I'm not trying to downplay the impact of that. 299 00:14:27.879 --> 00:14:30.759 It's made me want to throw up several times over 300 00:14:30.840 --> 00:14:34.080 the last ten days. But all I'm saying is that's 301 00:14:34.120 --> 00:14:37.080 the history of America and American greatness. You know, the 302 00:14:37.159 --> 00:14:40.039 willingness to sacrifice for this nation as a whole to 303 00:14:40.080 --> 00:14:42.159 get to a better place, and so many people have 304 00:14:42.240 --> 00:14:46.600 given that last full measure of devotion. So sorry, not 305 00:14:46.639 --> 00:14:50.360 going to shed any tears for that texture. But what 306 00:14:50.440 --> 00:14:52.559 I will say is, I think you've got a lot 307 00:14:52.559 --> 00:14:55.000 of Americans, Rynd. We had a caller last week, Carly 308 00:14:55.080 --> 00:14:59.240 from Highland's Ranch, who I think just encapsulated this a 309 00:14:59.279 --> 00:15:04.960 lot of America who are willing to suffer financially, not 310 00:15:05.080 --> 00:15:06.960 just in the short term, willing to pay some higher 311 00:15:07.000 --> 00:15:10.960 prices for big screen TVs and everything else in order 312 00:15:11.000 --> 00:15:16.559 to have a more stable, long term, nationally secure, coherent 313 00:15:16.639 --> 00:15:21.679 America that's fair for everybody, including the middle and working class. 314 00:15:21.759 --> 00:15:24.799 So Dan, this was the plan from the very beginning. 315 00:15:24.799 --> 00:15:26.840 To bring everybody to the table to negotiate a new 316 00:15:26.840 --> 00:15:28.759 trade deal, and you bring China to heel. 317 00:15:29.039 --> 00:15:31.120 I do think this was the plan from the beginning. 318 00:15:31.240 --> 00:15:32.159 It's not over yet. 319 00:15:32.279 --> 00:15:35.039 China is the big Kuna, right, and that's not going 320 00:15:35.080 --> 00:15:37.799 to end as easily, and so there is going to 321 00:15:37.840 --> 00:15:39.720 be there is going to be some churn and ups 322 00:15:39.759 --> 00:15:42.720 and downs ahead, but I think it's off to a 323 00:15:42.720 --> 00:15:45.919 good start. Let's go to beautiful Boulder, Colorado. Talk to 324 00:15:46.000 --> 00:15:47.600 David you're on the Dan Kaplis show. 325 00:15:47.679 --> 00:15:48.039 Welcome. 326 00:15:48.879 --> 00:15:49.399 You are right. 327 00:15:49.440 --> 00:15:50.919 It is beautiful ludure today, isn't it? 328 00:15:51.000 --> 00:15:51.159 Dan? 329 00:15:51.519 --> 00:15:52.120 Every day? 330 00:15:53.279 --> 00:15:56.840 Well not every day, but it's extra beautiful today. I 331 00:15:56.919 --> 00:16:01.679 want to first congratulate you in trade and a discussion 332 00:16:01.720 --> 00:16:04.720 on that Monday, very very rare. We made ten percent. 333 00:16:04.840 --> 00:16:07.080 You know you obviously got to pay your cap game tax. 334 00:16:07.240 --> 00:16:10.600 You know your eight of your little bump was in 335 00:16:10.639 --> 00:16:14.600 the last forty eight hours. But congratulations, sir, it's an 336 00:16:14.600 --> 00:16:15.320 amazing timing. 337 00:16:16.320 --> 00:16:18.279 Well, thank you, my friend. 338 00:16:18.279 --> 00:16:21.159 With David, there's always a butt that comes and the 339 00:16:21.200 --> 00:16:22.879 bump was bigger than that, by the way, But go ahead, 340 00:16:22.879 --> 00:16:23.279 my friend. 341 00:16:23.639 --> 00:16:26.919 My butt is that the show the second hour on 342 00:16:27.080 --> 00:16:29.240 Monday with Ross that was one of the greatest shows. 343 00:16:29.240 --> 00:16:30.600 And I listened to a lot of your shows going 344 00:16:30.639 --> 00:16:33.360 back to Catholics. That was one of the greatest, most 345 00:16:33.399 --> 00:16:36.440 interesting hours of radio. When was the last time you 346 00:16:36.480 --> 00:16:39.360 actually kept a guest like that for the entire hour, 347 00:16:39.440 --> 00:16:40.759 all four or five segments. 348 00:16:40.960 --> 00:16:43.480 I think that would have been seven and a half 349 00:16:43.600 --> 00:16:44.639 years with Craig Silverman. 350 00:16:46.960 --> 00:16:49.919 I'm saying, but when was the last time somebody Well, 351 00:16:49.919 --> 00:16:52.039 that was a back and forth, but it's not what 352 00:16:52.279 --> 00:16:54.679 seemed more interesting to me. I love you're the back 353 00:16:54.720 --> 00:16:57.159 and forth versus you know, the random collar. It gives 354 00:16:57.200 --> 00:16:59.759 you a hard time. Thank You's an amazing show. 355 00:17:00.039 --> 00:17:01.679 Oh thank you for your kind words. But but to 356 00:17:01.720 --> 00:17:04.079 your broader point, no, please, I mean I was the 357 00:17:04.079 --> 00:17:07.960 guy who invited Craig on that show, knowing a brilliant guy, 358 00:17:08.640 --> 00:17:12.079 accomplished trial lawyer who disagreed with me on almost everything. 359 00:17:12.480 --> 00:17:16.200 I wanted him on that show every day. I wanted 360 00:17:16.240 --> 00:17:19.279 that battle of ideas. And that's why that show worked. 361 00:17:19.400 --> 00:17:20.559 So the hour did. 362 00:17:20.599 --> 00:17:23.200 Exists anymore, Dan, It used to be on you know, CNN, 363 00:17:23.279 --> 00:17:25.079 Fox used to have all these types of things. 364 00:17:25.079 --> 00:17:26.599 You would have the back cannedy in corn. 365 00:17:26.720 --> 00:17:28.480 It doesn't really exists anymore. 366 00:17:29.440 --> 00:17:32.200 I wanted, I wanted, David, I wanted. 367 00:17:32.319 --> 00:17:34.920 That's why I brought Craig onto the show and and 368 00:17:35.119 --> 00:17:37.599 and that's why you know, we wanted this exchange with. 369 00:17:37.640 --> 00:17:38.359 Ross the other day. 370 00:17:38.359 --> 00:17:40.680 And for his point of view, I think Ross did 371 00:17:40.680 --> 00:17:42.680 a superb job, as I expected he would. 372 00:17:42.720 --> 00:17:44.240 I happen to have a different point of view. 373 00:17:44.599 --> 00:17:46.720 I would love to do that all the time, as 374 00:17:46.759 --> 00:17:50.599 I have proven over the course of many years. Yes, 375 00:17:50.720 --> 00:17:52.519 so hey, David, if you've got more to say. You're 376 00:17:52.559 --> 00:17:55.039 welcome to hang. We've got to hit this hard break now, 377 00:17:55.200 --> 00:17:58.160 or we'll all hang in the bad way. Three or 378 00:17:58.200 --> 00:18:00.680 three someone three eight two five five techs d an 379 00:18:01.160 --> 00:18:04.799 five seven seven three nine, and we'll talk about Polis 380 00:18:04.839 --> 00:18:08.440 threatening to veto there's this really pet project from the left. 381 00:18:08.799 --> 00:18:10.359 In fact, I think he is going to veto it. 382 00:18:10.599 --> 00:18:13.400 If you're on the Dan Capitla Show. 383 00:18:23.680 --> 00:18:27.519 You're listening to the Dan Kaplis Show podcast. 384 00:18:27.640 --> 00:18:30.599 One hundred and four percent. Tariffs in China are not enough. 385 00:18:30.839 --> 00:18:34.200 I'm advocating four hundred percent. I do business in China. 386 00:18:35.000 --> 00:18:36.720 They don't play by the rules. They've been in the 387 00:18:36.799 --> 00:18:39.839 WHO for decades. They have never abided by any of 388 00:18:39.880 --> 00:18:42.440 the rules they agreed to when they came in for decades. 389 00:18:42.720 --> 00:18:45.559 They cheat, they steal, they steal ip I can't litigate 390 00:18:45.559 --> 00:18:50.039 in their courts. They take product, technology, they steal it, 391 00:18:50.119 --> 00:18:51.519 they manufacture. 392 00:18:50.920 --> 00:18:51.799 It and sell it back. 393 00:18:51.839 --> 00:18:57.599 Here never has an administrator four or I want Chi 394 00:18:57.880 --> 00:19:02.279 on an airplane to Washington to level the playing field. 395 00:19:02.960 --> 00:19:03.440 I love that. 396 00:19:03.559 --> 00:19:06.880 Kevin o'lary, I love that. And that's the thing Trump 397 00:19:06.960 --> 00:19:09.039 gets right. And we have to step back from all 398 00:19:09.039 --> 00:19:12.559 of this and fully appreciate is is all of human 399 00:19:12.640 --> 00:19:15.839 history has been an ongoing battle between good and evil. 400 00:19:16.440 --> 00:19:20.200 The Communist Party of China is the epitome of evil 401 00:19:20.680 --> 00:19:23.000