Speaker 1: Did that Donald Trump crashing the economy, recession looming.
Speaker 2: What happens next? Watch what happened? Will happen right here.
Speaker 1: On fifty five KRC, the talkstation eight o five a
Speaker 1: picky five KRC de talk station. Happy Friday, friend Thomas,
Speaker 1: please bring back to the picty five KRC Morning Show,
Speaker 1: host of the Truth with John Gordon. Of course it's
Speaker 1: John Gordon. John, welcome back to the morning show. It's
Speaker 1: great to have you on today.
Speaker 2: Thank you very much. It's great to be with you.
Speaker 1: Yeah, we dive into the news of late I Congress.
Speaker 1: A Messu was on my program earlier this week and
Speaker 1: he called it and he's like prescient his predictions.
Speaker 2: You know.
Speaker 1: He wasn't in favor of the CR because it continues
Speaker 1: funding levels on the on the Biden levels and didn't
Speaker 1: cut much at all. So that was why he was
Speaker 1: a no vote. He was very explicit and did a
Speaker 1: good job of explaining himself in spite of the fact
Speaker 1: that drew the IRA of Donald Trump. But it done
Speaker 1: the last passed over in the sentence hands and according
Speaker 1: to Chucky Schumer, at least before yesterday evening, it was
Speaker 1: going to be a no over there, which was going
Speaker 1: to result in a government shutdown, butt Chucky. She changed
Speaker 1: his tune and the to capitulate, which is exactly what
Speaker 1: Massy predicted. I don't know why they were against it anyway,
Speaker 1: since the funding levels didn't change your your take on
Speaker 1: that one, John.
Speaker 2: They are the party of opposition. If Trump's for it,
Speaker 2: they're against it, even if it's what they want. To
Speaker 2: your point, it's just lunacy, and frankly, I think they are.
Speaker 2: I think they're stark, raving mad. And I like Massy
Speaker 2: and what he stands for. I like Rand Paul and
Speaker 2: what he stands for. This country is at a tipping
Speaker 2: point if we don't get control of federal spending. The
Speaker 2: interest patements on the deficit, the loan are now our
Speaker 2: single largest line item. That is pure economic waste in
Speaker 2: my view. So I understand the cinema. Here's the counter.
Speaker 2: Trump is walking a high wire act, and this economy
Speaker 2: is fragile. And you take two trillion dollars out of
Speaker 2: the economy overnight and it implodes. We would go into
Speaker 2: a depression of magnitude that we've never witnessed before. So
Speaker 2: Trump wants to balance a budget. He's all for it.
Speaker 2: It's going to take some time. It's going to take
Speaker 2: a little for mess.
Speaker 1: Yeah, And you know, I guess the two trillion you're
Speaker 1: talking about taking out of the economy is that the
Speaker 1: market losses or is that what is coming out of
Speaker 1: government by way of you know, propping up various areas
Speaker 1: like the green energy projects. If we pull the plug
Speaker 1: on that, which the EPA effectively did the other day
Speaker 1: as they were promising to do, does that ruin the
Speaker 1: economy because there's no longer these artificial government dollar propped
Speaker 1: up jobs out there.
Speaker 2: You illustrate the point perfectly. That's it. And you know,
Speaker 2: when the economy gets in trouble, what's the first thing
Speaker 2: the federal Reserve starts to do. They print money like
Speaker 2: drunken sailors. They start issuing bonds, they start buying their
Speaker 2: own bonds, and they prop up the economy through what
Speaker 2: they call stimulus. Well, if that's if that works, then
Speaker 2: the reverse is going to have an ad verse attack.
Speaker 2: So you take that money out of the economy, you
Speaker 2: plunge us into a recession. So it is going, like
Speaker 2: Trump says, it's gonna take some time, but he's committed
Speaker 2: to the cause. We'll get there. I think we just attributation.
Speaker 1: Yeah, it's going to be an interesting world if we
Speaker 1: get the government out of our lives and allow the
Speaker 1: free markets to prosper and thrive. Will that make up
Speaker 1: this government infused fake economy? Like DEI alone is its
Speaker 1: own fake economy. You got a lot of people out
Speaker 1: there with college degrees and in diversity, equity inclusion. They
Speaker 1: need jobs. So what do you do. You mandate these
Speaker 1: programs across the entire landscape, which creates new departments and
Speaker 1: new divisions within business, But those do not provide any
Speaker 1: value in terms of revenue, in terms of creating goods
Speaker 1: and services. It's just busy work and it's fake work.
Speaker 2: I think you'sok. The same economics courses I did well.
Speaker 2: The government produces nothing. They don't add to G and T.
Speaker 2: All they do is spend, and so there's no value
Speaker 2: in that, except when they are the job creators. There's value.
Speaker 2: But it's fake, it's it's pony, it's short term. But
Speaker 2: so if you take two trillion out of the budget
Speaker 2: and it's not debt, and you put that money back
Speaker 2: in the economy, then muel the economy. But right now
Speaker 2: the only alternative is take the deficit out, and that's
Speaker 2: what would have the unintended consequence of some bad economic repercussions,
Speaker 2: I believe. But if must can reduce the spending through
Speaker 2: DOGE and those are real dollars and they go back
Speaker 2: into the private sector, watch out, baby, let the good
Speaker 2: times roll.
Speaker 1: Well, I'm glad you pivoted over to DOGE because they
Speaker 1: are revealing that we fund the indefensible. I mean one program,
Speaker 1: I mean little here, little there. It all tends to
Speaker 1: add up even you know, multi hundreds of thousands of dollars,
Speaker 1: you know, seven hundred thousand dollars for studying cannabis use
Speaker 1: among sexual, minority, gender diverse individuals. I mean, what the
Speaker 1: hell is that all about.
Speaker 2: We've got transgender studies on mice.
Speaker 1: Yeah, yeah, yeah.
Speaker 2: And then I can't believe we're even talking about this.
Speaker 2: I know, I feel like a lunatic that we're even
Speaker 2: talking about it. Yeah, but these are our federal tax
Speaker 2: dollars at work, and it's just absurd. That's why I say,
Speaker 2: I think these people have lost their minds. I think
Speaker 2: they're absolutely crazy. I know no better descriptive for it.
Speaker 1: Well, John, I'm convinced more and more every single day
Speaker 1: that they are outraged over this and because it's cutting
Speaker 1: off his revelations and he's canceling all these grants again.
Speaker 1: There's a Agriate Department of Agriculture grant in the San
Speaker 1: Francisco Bay area to educate queer trands in bipoc urban
Speaker 1: farmers about food justice. I don't even know what the
Speaker 1: hell that is. And it's probably so.
Speaker 2: If you're a straight guy and you're a farmer, you
Speaker 2: can't get the subsidy.
Speaker 1: Yeah, but it's urban farmers. I mean, first off, how
Speaker 1: many bipock queer trans urban farmers are there collectively in
Speaker 1: the United States? But then they could get a grant
Speaker 1: to study what they're doing. I didn't even know what
Speaker 1: food justice is. But the big concern here all these
Speaker 1: USA programs that allegedly go out into the world, you know,
Speaker 1: circumcisions in Jakarta or whatever. I'm convinced that that money
Speaker 1: never got there, and that didn't accomplish the goal that
Speaker 1: it purported to accomplish, even if the goal itself was ludicrous.
Speaker 1: But that money remained in Washington for lobbying, dollars that
Speaker 1: ended up in the pockets and Democrats to get themselves
Speaker 1: reelected or otherwise directly in their pockets.
Speaker 2: Joe Biden said, we just sent one hundred and fifty
Speaker 2: billion to the Ukraine. What did Zelenski say, where's the
Speaker 2: rest of it? I only saw a hundred billion. M h.
Speaker 2: I'm telling you, this federal government is rotten to its core.
Speaker 2: And I think before it's all said and done, we're
Speaker 2: going to trace the money and we're going to find
Speaker 2: that it went right back into the pockets of these
Speaker 2: lunatic left wing Democrats who have been voting for all
Speaker 2: of this irrational spending. And I've said for the last
Speaker 2: four years on my radio show, I don't know who
Speaker 2: they're governing poor, but as sure as hell is not us,
Speaker 2: it is not, and it's going to stop.
Speaker 1: And it's freaking them out. The Doge is actually bringing
Speaker 1: this to the American publish attention. This is low hanging fruit stuff.
Speaker 2: Again.
Speaker 1: You add it all up, and we're not getting to
Speaker 1: that trillion dollar mark, but a little by little. But
Speaker 1: you let any Republican or Democrat, any working human being
Speaker 1: in the country, and even those that aren't working, they
Speaker 1: look at this and they think, just like you and me,
Speaker 1: what we're paying for that how is that even possible?
Speaker 1: So this is going to bring the House of cards
Speaker 1: down at some point, they're not going to go to
Speaker 1: justify it.
Speaker 2: Well, I think that they're on it, and I think
Speaker 2: that's why they're launching this campaign against Elon Musk. Where
Speaker 2: are the prosecutions, by the way, for the people that
Speaker 2: have burned Tesla's and that are used rifles and shot
Speaker 2: bullets into dealerships. Yeah, I mean, come on, that is
Speaker 2: absolute anarchy. Yeah, some people locked up.
Speaker 1: And he was the darling of the green energy folks
Speaker 1: there for a long long time. He was the leader
Speaker 1: of the pack. Everybody wanted an Elon Musk Tesla and
Speaker 1: now it's demonized because he's shown the world how bad
Speaker 1: things are.
Speaker 2: I mean.
Speaker 1: Pivoting over to social Security, John, all those social Security
Speaker 1: numbers for people who are one hundred and fifty plus
Speaker 1: years old, they're still active and therefore probably being used
Speaker 1: by some perhaps illegal person in this country with no
Speaker 1: work permit to actually go work at a job. I mean,
Speaker 1: even if a check isn't going out to that number,
Speaker 1: it certainly can be used for nefarious purposes. You know,
Speaker 1: PPP grants to eleven year olds. They don't care about
Speaker 1: normal business like practices in government. They're not required to
Speaker 1: do anything, but then again they're also not required to
Speaker 1: be responsible stewards of the American taxpayer dollar.
Speaker 2: Well, we sensed it for a long time. Now we've
Speaker 2: got plain proof of it. And can you imagine people
Speaker 2: railing against Elon Musk because it's eliminating fraud, waste, and abuse.
Speaker 2: It is James Carvel said, is that the who you
Speaker 2: want to die on as a Democrat, We're going to
Speaker 2: oppose that. Yes, I want them to keep doing what
Speaker 2: they're doing because their approval ratings continue to plummet. Let
Speaker 2: them just put the noose around their necks and let
Speaker 2: them tighten it themselves, which is what they're doing.
Speaker 1: Indeed, and I got a kick out of Schumer yesterday. Democrats,
Speaker 1: he said, we want the attention to the American people,
Speaker 1: not focus on different bills that they will bring to
Speaker 1: the floor during the shutdown. They were talking about thirty
Speaker 1: day extensions, this and maybe alternatives that to the Republican
Speaker 1: c are. We'd rather focus on our message, which is
Speaker 1: beginning to work. And I was scratching my head over that.
Speaker 1: That's a quote from him. It was like, what message
Speaker 1: and apparently it's in his words, they meaning the Republicans
Speaker 1: are hurting the middle class to give tax breaks to
Speaker 1: the billionaires. That tired old trope is that all they've got.
Speaker 1: They have no message.
Speaker 2: John, Well, if you listen to them, their focus is
Speaker 2: on the message. They are trying one message. When that
Speaker 2: doesn't work, they skip to the next lunatic statement to make.
Speaker 2: And it's all about the message. I don't care about
Speaker 2: the message. I care about the substance. I want to
Speaker 2: curtail government spending. I want to curtail fraud and get
Speaker 2: the one hundred and fifty year olds off the social
Speaker 2: security roles. If we have to really stand up and
Speaker 2: talk about that in the public marketplace for ideas, we
Speaker 2: are in serious trouble. I mean, it is self evident.
Speaker 2: Just stop the lunacy and start governing to the American
Speaker 2: people and then all the problems are solved. Will welcome
Speaker 2: and embrace the Democrats into a free exchange for ideas
Speaker 2: and stop the gainsmanship because it's killing us.
Speaker 1: It is and one of the big problems with our
Speaker 1: country the way it set up is the entitement program,
Speaker 1: social Security, Medicare, and Medicaid. That's the true existential thread.
Speaker 1: Those are set to collapse on themselves and the deficit,
Speaker 1: as you point out, we're paying a trillion dollars a
Speaker 1: year in interest on this. You know, if we don't
Speaker 1: write the ship, there's not going to be a United
Speaker 1: States around. The Fiat currency's going to collapse, No one's
Speaker 1: going to I want to buy our bonds. We aren't
Speaker 1: going to be able to keep this this house of cards,
Speaker 1: even standing to the world's demise.
Speaker 2: I think the adults are in the room now. I
Speaker 2: am very optimistic that we're going to get things turned around.
Speaker 2: You've seen John Fetterman, yeah, abandon the Democratic ship, the
Speaker 2: sinking ship. He doesn't want to be on the Titanic,
Speaker 2: and others are going to slowly, one by one listen
Speaker 2: to reason and do the right thing. It'll take some
Speaker 2: process and some time, but I do think we'll get
Speaker 2: there eventually. What every Republican in America needs to be
Speaker 2: focused on right here and right now is the midterm election.
Speaker 2: Since Ronald Reagan, Republicans, well any any sitting president has
Speaker 2: lost control of the Congress in the midterm elections. If
Speaker 2: we're not focused on that, we're going to wake up
Speaker 2: in two years really disappointed that we allowed complacency to
Speaker 2: slip back into US national psyching.
Speaker 1: Hey man, John Gordon, check it out. Host of The
Speaker 1: Truth with John Gordon. Great having you back on the program.
Speaker 1: John will be listening to what you have to say
Speaker 1: and I'll look forward to having you back on the
Speaker 1: morning show sometime.
Speaker 2: Thank you so much, And if your listeners would like
Speaker 2: to check us out, go to www dot John Gordon
Speaker 2: dot TV.
Speaker 1: I'm sure they'll do it. Take care of John of
Speaker 1: a great weekend. That's been my pleasure coming on an
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