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Speaker 1: And hello, Hi, how are you welcome? Welcome to the

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Big Podcast on this Thursday. Today is the fourth day

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of June, year of our war, twenty twenty six. My

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name is Tom Sullivan. And well, there's a number of

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things today to start with, and the war. We've talked

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about the war endlessly, and we've talked about the President

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always saying that, oh, we're about ready to Oh yeah,

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it's coming, it's going to end quickly, going to be

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here soon, and he's saying that again today. But we'll

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skip past all of that. We'll wait to see. But

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in the meantime, not talking about the war, but about

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the War Powers Act, and what it essentially says is

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the president can go ahead and commit troops and enter

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into a war without the approval of Congress in advance.

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But if you do that, you've got to go to

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Congress and get their approval within sixty days. While the

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sixty days have come and gone. So the House had

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a vote last night on the War Powers Act. The

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vote was to fifteen to pass the War Powers Act,

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stopping the President from committing troops to the war, to

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fifteen to two eight, and there were four Republicans that

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joined with the Democrats in order to pass the War

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Powers Resolution. Now it goes to the US Senate, and

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the Senate looked like they were going to pass a

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war Powers Act before everybody took off for what was

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a Memorial Day I think it was. They never got

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around to finishing it. But even if both chambers were

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to pass this, the ability of Congress to force a

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president to withdraw troops remains a contested legal question about

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the fact that he is designated in Article two of

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the Constitution. Asked the Commander in chief. So, yeah, it does.

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It says that you have to do this within sixty days,

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mister president. But it did vote. The vote on this

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War Powers Resolution directs the president to withdraw troops from

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the conflict with the Iran or come back to Congress

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to try to get approval. So that's the only thing

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I knew on the war. And obviously this gives the Iras.

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I'm sure they're cheering, thinking this is great. They're gonna,

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they're gonna, they're gonna pull their troops out. Well, they

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aren't in Iran, but there's certainly a lot of them

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in that area, and I don't know how far away

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they have to be. So it's not a done deal,

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but that was a big deal that the House enacted

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the War Powers Act last night, so we'll see where

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it goes from there. The four Republicans that sided with

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the Democrats, Tom Barrett from Michigan, Tom Massey from Kentucky,

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Congressman Fitzpatrick from Pennsylvania, and Warren Davidson from Ohio. Here's

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a clip of three of them, starting with Tom Barrett,

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then Tom Massey, then Congressman Fitzpatrick.

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Speaker 2: And how much pain is there are your constituents feeling

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as a result of this horror?

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Speaker 3: Well, you know, I think that people are frustrated, certainly,

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but that's not the only consideration in this There are

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a variety of considerations that we have to take into account.

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But I definitely see that, I definitely feel what people

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are experiencing back home.

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Speaker 4: The vote is a good vote.

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Speaker 5: It says we're done with this war.

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Speaker 2: Yeah, you didn't come and get authorization, and now we're

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doing the opposite of authorizing, we're deauthorizing. There's a law

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in the books in the last sixty days. I don't

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see what's complicated about it. Bring it to Congress, debate

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it on the merits and have his vote. That's the

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way the system is supposed to work.

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Speaker 4: He's going to come after you. Are you worried about it? No?

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Speaker 2: No, I got to do my job and we'll continue

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to do my job.

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Speaker 1: And that was Barrett from Michigan, Massi from Kentucky, and

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Fitzpatrick from Pennsylvania. In politics, Well, today's Thursdays. The vote

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was on Tuesday. I'm fascinated because I lived in California

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for I don't know, thirty seven years something like that,

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and I remember that on election night they would have

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the results of who got elected all the way down

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to the county dogcatcher. They would have that by the

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eleven o'clock news. So California has really changed, and they

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keep passing laws that make no sense. They apparently have

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laws that it goes back to this whole business about

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every registered voter in California gets a ballot in the mail.

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And by the way, I need to correct something from yesterday.

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I thought they had something like a couple million registered voters. No,

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they've got the population of California's about forty two million,

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and they've got twenty three million registered voters. So twenty

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three million people got ballots. How many of them return

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them don't know yet, they don't know, they're still counting.

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It may be weeks before we know who won the

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mayor of Los Angeles, who won the primary, not the

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general in November. And also the same with who stacks

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up for the governor's race, who's number one and number two?

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So why is California? Well, listen to this guy. This

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guy is his name is Dean Logan, and he's, I believe,

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the recorder of all of this in Los Angeles, and

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he doesn't seem to have any problem with the fact

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that it's going to take them forever.

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Speaker 6: Importing to state that in the days ahead, you will

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likely hear from voices, some big voices, some loud voices,

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that it's crazy, that maybe it's even stupid that it

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takes this long for votes to be counted in California.

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I want to emphasize it's not stupid, it's not crazy.

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It's actually the law in California. You see, there's the problem.

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He says, Well, it's the law, and it never was

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the law before. Somebody's passed the law recently where they've

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made it so that it's next to impossible for them

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to find their results. And okay, we'll get the results someday.

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But it does make you wonder why ever, forty nine

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of the fifty states can get their results that same evening,

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but California cannot. And they are the home of the

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biggest technologies companies in the world. They seem to think

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there's nothing. Well, the law says, well who wrote the law?

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And I'll tell you what the problem is. It's the

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mail in ballots. A lot of places have mail in ballots.

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State of Washington, state of Oregon, they both have mandatory

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mail in ballots to all of their citizens. There's something

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wrong with the way California does this. And here's the

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problem with mail in ballots, and here's the problem with

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where they are with a delay of weeks, if not months,

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is that it breeds suspicion. It breeds people going where

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all of a sudden they find, oh, they found another

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whole case of ballots behind the garbage can out in

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the alley.

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Speaker 1: Well, we better count those. And so then you get

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into that question about where did these other surprise ballots

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come from? What was the monitoring of the ballot boxes

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where people dropped their ballots. Well, there's it raises lots

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of questions and it creates conspiracies. It's not a good

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way to do the election. But that's what this Dean

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Logan is. The guy he just heard, he's the La

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County recorder. He doesn't seem to have any problem with it.

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Steve Hilton, who we think is the number one spot

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for the runoff for governor, he was talking last night

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about how this is driving him crazy.

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Speaker 4: To by the end of last night it was something

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I don't know. I'm fifty percent counted with it. Nearly

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a whole day later, it's about fifty five percent.

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Speaker 2: What have they been doing?

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Speaker 4: What is going on?

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Speaker 7: It is an absolute humiliation and abject failure.

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Speaker 1: Truly is a failure, and they looked, They looked really bad.

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The guy who knows everything about politics inside and out,

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Carl Rove, see what he has to say from this.

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I have a one rule that applies to both, which

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is that the late ballots tend to come from younger

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voters and therefore tend to be a little bit more liberal.

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So I would not be surprised if from here on out,

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the gap between Bessera and Hilton titans. That is to say,

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Besarah moves up Hilton moves a little down, and I

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wouldn't be surprised to see the same thing happen in

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Los Angeles with the Pratt and Bass, and the third candidate,

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who's even more liberal than Bass, is likely to move

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up as well. But you know, Steve Hilton is right,

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this is just absurd. You know, we are not going

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to know the outcome, the final numbers of this for

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days and weeks. And the Secretary of State of California

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said this is normal. Well, if this is normal, it's

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one more reason why California looks like a joke. All Right.

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I brought this up a couple of times, as we

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call ready. But there's a lot of publicity about on

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the main extreme media making sure that you know that

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Donald Trump's approval ratings have dropped significantly. So what about

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the Democrats. What's not being reported is very I mean

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I'm sharing it is that the Democrats are also very unpopular.

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So when you look at in fact, they're less popular

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than Donald Trump. Yes, so when you look at it,

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there's all these surveys that are taken about you're going

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to vote Republican? Are you going to vote Democrat? These

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vague general questions and Carl weighs in on that, well, look,

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I'm not certain how much change there really is. You've

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got into the nitty gritty of these measures. How likely

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are you to vote, are you served to vote? Et cetera,

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et cetera.

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Speaker 5: But if you look at just the top line numbers

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among all the respondents in the survey in May, it

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was fifty six D forty five R. The D's had

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a one point advantage. In April it's forty eight forty four,

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a four point advance. So the Democrats in the Marquette

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survey have dropped two and the Republicans have added one,

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which is inside the margin of error. Essentially, if you

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look at this one pole, what it suggests is is

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that there hasn't been much change. But if there is

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any change, it's to the advantage of the Republicans. But

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we're losing the big picture. We need to step back.

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We're a highly polarized country. We've just gone through a

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mid decade redistrict team that has mildly advantage to the Republicans,

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and the question is how big a gap do the

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Democrats need in order to pull off a significant sweep

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in the House of Representatives And having a Democrat advantage

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of one ain't much. A Democrat advantage of four is

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significantly better. But I'm thinking that they need to have

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at least five or six minimum lead in the advantage

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on the ballot if they're going to take the House

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with a significant margin. The reason is is that so

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many seats send me so many more. Democrat seats are

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earthurban and hence highly Democrat, and the Republican seats, even

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when they're in highly conservative rural America, are not as

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conservative as not as Republican as their urban counterparts are Democrats.

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So the Democrats right today have an advantage, but it's

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likely to reduce a produce a relatively small margin in

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the House elections. And remember this is a contest between

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two unfavorables. The President's unfavorabilities at forty percent. The Democratic

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Party's unfavorability is below thirty seven. So who's less popular?

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And how's that going to affect the out here in

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great analys. Well, let's check in with Jim Assina. He's

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been talking lately. Jim is considered to be the guru

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of Democrat campaign managers. He got Barack Obama elected. He's

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a very smart guy. He's like Carl Rove.

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Speaker 1: He knows the ins and outs of all the things

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going on in politics in our country. So he was

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asked about his view of how the Democrats are doing.

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Speaker 8: That's a myth because we all thought that the ascended

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Coalition of Barack Obama was going to save the party.

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We're going to have more and more young people, African Americans,

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Latinos voting, and we're going to win the national fight

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because of it. Until the twenty twenty four election, will

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you all have reported on this ad nauseum. You know,

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Donald Trump did much better and got to almost parody

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with Latino voters, doubled his support with African American voters,

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did historically well with young male voters, and yet the

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Democrats sort of ignored the seventy two percent of voters

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who are white voters and decided it was all about

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this ascended coalition. The truth is Barack Obama won two

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elections because he did both. He excited his base, but

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he also talked to swing voters and turned them out

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in big numbers. We have to treat these what we

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think our base groups, Latinos, African Americans, young voters. We

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have to treat them like persuasion targets, not turnout targets.

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We've got to make our case to them. We didn't

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in the last election, and if we don't do that

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in this midterm, we will lose again.

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Speaker 1: Interesting, he basically said, the Democrats focused on all these

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various groups, the African Americans and Latinos and all these

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other groups, and the seventy two percent of the voters

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were white people and they totally ignored them. That was

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a mistake. Plus the Republicans focused on minority voters. So

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back to Messina, he's talking about every election is not

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like the previous election.

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Speaker 8: In twenty twenty two, we won an election on abortion,

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and that was great and it was a big upset.

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But in twenty twenty four, we thought it was the

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same election, and yet abortion was the seventh most popular

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issue and we lost the economic argument, which was the

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number one issue by twelve points. We can't do that. However,

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when you look at the demographics and midterm elections in

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twenty twenty six shape something much better for Democrats. It

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is older voters, it is more women voters, especially upper

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educated voters, where Democrats are doing historically well. So if

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we can continue to learn the lessons from twenty twenty

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four and have a mid term election turnout. We could

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do very very well. We've just again got to do

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both things. Turn our base out and talk to these

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persuadable voters.

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Speaker 1: But the problem with well both parties, but the Democrats

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are faced with you've got different groups. You've got far left,

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you've got moderate, and you've got something in between. And

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Harry Enton has been doing a lot of work about

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trying to figure out who the Democrats are, and he

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says they're having trouble trying to figure out who they are.

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Speaker 9: Problem which is Democrats aren't sure what direction they want

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their party to go. Democrats want their party to move

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left twenty eight percent, not move at all eighteen percent,

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move center forty seven percent. This is a party divided

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where they're not actually giving a clear message of where

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they want their party to go. The one thing I

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will say is sixty one percent of all voters want

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their party movie at center. So if all of a sudden,

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Democrats are actually going to move to the left, which

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is not what their party wants, that will actually upset

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the rest of the electorate. The only thing that really

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unites Democrats right now is they are very upset with

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Donald Trump, and I think the candidates were able to

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actually capture that. That's the candidate who are going to

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advance the general election.

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Speaker 1: Yes, but can they win the general election by saying

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I hate Donald Trump's vote for me. It hasn't worked.

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Hillary tried it, Kamala tried it. So it just it

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doesn't work. In other news, John Bolton, who I admire Bolton.

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I think he's extremely smart, but he got on the

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wrong side of President Trump. He was his national security

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advisor in Trump one point zero. He was the UN

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ambassador back at George W. Bush's day. But he apparently

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would do things I do so things, but I'm not

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dealing with national security. He emailed, I will have things

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on my computer here at work, and I want to

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save them on my personal computer or work on some

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project on my personal computer. So I'll email myself some

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of the files from my work computer. Well apparently he

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did that too. But the problem with the files for

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John Bolton was they were national security files and they

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he was accused of basically violating all the rules about

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classified documents. And they said, you got classified documents on

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your personal computer at home? So back and forth they go.

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John Bolton who graduated at the top of his class

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law school at Yale, so he knows the law, and

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apparently he's worked out a deal because today the news

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came out he is going to plead guilty to one count.

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They had eight counts against him, one count of violating

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the National Security Act. John Miller, former counter intelligence guy

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with the NYPD, chimes.

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Speaker 4: In, well, this is John Bolton caught between Iraq and

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a hard place when he wrote this book in the

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room where it happened. The Justice Department came out with

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a civil suit trying to block the publication because it

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had classified material in it. But it's been years later

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when the Trump Justice Department, under then Attorney General Pam

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Bondi last October, and I think this is a book

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that came out in twenty twenty last October, indicted him

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on eighteen counts, as Caitlin Pollenz told us, of retaining

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classified information, transmitting classified information, and failing to disclose when

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it turned out that it was believed that the Iranians

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had hacked his computer to government officials that there was

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classified information in there. So each one of those eighteen

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counts is ten year count for the disclosure of national

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defense information. He could have been facing a significant amount

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of time in prison if he were convicted. Even if

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he was convicted and all of the charges were bundled

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into one ten year or five year term, it's a

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big risk. So this guilty plea is John Bolton saying,

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let's get a recommendation from prosecutors on a sentence, Let's

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get a deal with the government. Let's boil this down

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to one count and try to get out of it.

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Speaker 1: But you heard John Miller talked about the fact that

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he was going to publish a book. He was on

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the outs with Donald Trump, and so Donald Trump or

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somebody in the White House did not want that book published.

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So they sued him and said he has national security

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documents and information in there. And so it went through

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the whole process of being approved to be printed, and

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he got approval from whoever approves national secure documents and said, no,

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this is fine. He's not disclosing anything that is a

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classified document. So they told him it was okay. Then

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I have the book in my library, it's been out,

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I've read it. I didn't find anything that seemed to

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be a national secret. But apparently technically he must have

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violated something and you were also John Miller say that

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each count has a possible ten year prison sentence. So

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Ellie Honig, former Southern District of New York federal prosecutor,

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also had some comments.

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Speaker 7: I think this case is fundamentally different than those other cases,

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than the prosecutions of, for example, Letitia James and Jim

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call Me, the attempted prosecution of Senator Mark Kelly, the

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other cases that we would consider to be part of

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the political payback agenda that Donald Trump has pushed here,

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I think the Bolton case is entirely separate for a

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couple of main reasons. One, the reporting is that this

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investigation goes back to the Biden administration and predates the

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current Trump administration. In two, the conduct that John Bolton

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has been charged with and now apparently we'll be pleading

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to some of it is quite serious. It's quite straightforward.

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This is not some manufactured crime, as John Miller just

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laid out for us. John Bolton took the highest level

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sensitive and classified information which he got in his capacity

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as a key White House advisor, and he disseminated it

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to others. That is a straightforward crime, and so I

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do not categorize the Bolton case along with those other cases.

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I think it's fundamentally different.

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Speaker 1: Illegally and technically. The answer is yeah, I alway's right,

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but I still think it was they went after him

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because of the fact that he got sideways with the

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President Trump. But now the question is how long of

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a sentence is a judge going to give him? Going

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to be interesting. Another guy who is on the outs

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with a lot of people in Congress, but not on

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the outs with President Trump, and that is Bill POULTI

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we talked a little bit about it yesterday. He's been

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nominated by President Trump to be the Acting Director of

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National Intelligence, the head DNI of all our nation's secrets.

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And somebody described him yesterday as a political hitman. That's

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because as the as the head of the Federal Home

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Mortgage Finance Corporation, he went after Lisa Cook over at

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the FED, and he went after Adam Schiff, and I

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don't know who he hit. All political hits, if you will.

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As I mentioned yesterday, he did not go after Scott

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Bessen's the Treasury Secretary who has the same problem of

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having two homes, in which he claimed that they're both

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his primary residents. But regardless, he has no qualifications. He

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has no background in intelligence. He came from the Poulti Group,

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which is one of the nation's largest home builders. His

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grandfather started the company, and the grandfather brought his grandson,

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Bill Poulty into the company. And yet after the grandfather died,

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the board of directors literally threw Bill Poulty out of

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the company. They did not like him. He was nothing

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but trouble for them. And he's been not well liked

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in the mortgage business either. So Speaker of Mike Johnson

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was asked by a reporter today about, well, well, what

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are you guys going to do about Bill Poulty?

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Speaker 6: Do you think that Bill Poulty is qualified to be

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the acting Director of National Intelligence? And do you think

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you can still pass a bipartisan fis a deal given

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some of the Democratic pushback to that.

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Speaker 4: So here's the thing.

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Speaker 6: The president obviously has a prerogative, the prerogative and the

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choice on po We had points to these positions and

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this would be an interim appointment, but.

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Speaker 1: He dodged that. But I agree with Mike Johnson, the

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president has the right to choose whoever he for the

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positions that are especially his cabinet. This is a cabinet

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level job. But man alive. Really this guy Roger Chris

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and Morphy, big Democrat, he's on the Intelligence Committee, and

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he doesn't like this at all.

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Speaker 10: Well, it's time to pull Pulty. That was a non

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answer from the speaker. He didn't want to voice his

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support for this person. And there's a good reason why.

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He's completely inexperienced and unqualified for the position as a

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member of the Intelligence Committee. I look at this guy

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and what I see is that his claim to fame

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being a housing official is basically using sensitive information to

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go after Donald Trump's political enemies. Now imagine why he's

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being hired now to head the intelligence community. It's to

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basically use sensitive and potentially classified information to go after

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Donald Trump's political enemies. That is completely outrageous. The intelligence

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community performs a vital role in telling the truth about

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foreign threats, and we cannot have someone so unqualified in

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experience with nefarious motives in that position.

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Speaker 1: The other thing they're worried about is it's a very

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powerful position, being in charge of our national intelligence. Is

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to use it to somehow say that the midterm elections

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in November are rigged something long. That's what the Democrats

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are worried about. We're going to keep an eye on this.

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It truly. My two sense is, whoever runs the intelligence

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of our country should not be easily aligned with Democrat

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or Republican politics. It should be as a political job

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as you can possibly find. Problem is, trying to find

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somebody like that, especially in today's world, is very, very difficult.

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So they're also speaking of fraud. We've got a couple

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of things going on. One of them is there have

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been you may have seen it on the news where

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there are there are riots mostly in the evening, but

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certainly on the Saturday, Friday night and Saturday night at

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the detention center. It's called Delaney Hall in Newark, New Jersey,

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and Charles Marino, who is a retired Social Secret Service officer,

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talks about the fact that this is orchestrated. It is planned,

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it is plotted. They use all kinds of whether it's

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telegraph or signal or something online. That's that keeps it

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a secret. There's lots of supplies, gas masks, you name it.

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So this protest against ICE and their facility at Delaney

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Hall in Newark, New Jersey is a political hit job.

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Here's Charles Marino.

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Speaker 2: Well, no surprise that this is all extremely organized and

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coordinated on the financial side, on the other material support side,

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like these supplies that we see being dropped in the

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vicinity of Delaney Hall, and finally also on the communication

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side that includes internal communications and external communications, so they're

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provided essentially talking points. They're educated about an inch deep

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and a mile wide on the issues that they're protesting,

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but they're told to use those buzzwords to invite, insite, facilitate,

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and basically bring forward everything that we are seeing play

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out outside of that detention facility to try and make

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it as hard as possible for law enforcement agencies like

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the FBI to infiltrate their groups either physically or in

448
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to one of those messaging apps. The other thing is

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on the financing side. Unfortunately, we are going to find,

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based on the nature of these organizations that are providing

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the money, that US tax dollars are being used for

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the very behavior that we're seeing, which is very disturbing.

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The other thing is the list of private donors to

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these organizations. This is likely what the FBI is focusing

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on right now. Yes, we know it's from the extreme

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radical left, but now it's time we need names. We

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need to know who the private donors are and to

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confirm that tax dollars are making their way to these

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non governmental organizations. We saw this play out during the

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Biden crisis, where these NGOs were serving as an extension

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of the Department of Homeland Security to facilitate all of

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the illegal immigration of unvetted immigrants into the country. We're

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going to say the same thing playing out here and

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it's got to stop.

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Speaker 1: Yeah, people have the right to protest, but that's not

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what this is. People are being paid by these NGOs

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to go out there and raise havoc and go after

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his ice facility, but also border protection. They want to

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overthrow our form of government, and this is one of

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the ways that they just just keep chipping away to

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see if they can make any progress. So they're going

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after a lot of the money donors on this because

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they're not there to protest. And this afternoon they also

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came out in Ohio. Doctor Oz was there, the Attorney

475
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Assistant Acting Attorney General, Todd Blanche. They're there to go

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after a fraud that they're finding in the Medicare program

477
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in Ohio. Von Miller again weighs in on the fact

478
00:30:03,519 --> 00:30:06,079
that they're going around state to state to try to

479
00:30:06,119 --> 00:30:11,160
crack down finally to crack down on some really obvious fraud.

480
00:30:11,720 --> 00:30:14,599
Speaker 4: Well, this is a large effort on the part of

481
00:30:14,599 --> 00:30:17,440
the federal government to go state by state and to

482
00:30:17,480 --> 00:30:24,400
look into these programs. You'll recall the Minnesota childcare programs

483
00:30:24,480 --> 00:30:27,680
that were prevalent in the Somali community there and the

484
00:30:27,720 --> 00:30:30,279
fraud that was charged in those cases. They moved on

485
00:30:30,319 --> 00:30:34,480
to Ohio. But we're talking about thirty eight million dollars,

486
00:30:35,079 --> 00:30:38,480
two people charged with felony counts and then two more,

487
00:30:38,640 --> 00:30:41,599
both of them state employees who would have been the

488
00:30:41,599 --> 00:30:47,359
alleged inside people who pushed these billing processes through memet Oz,

489
00:30:47,400 --> 00:30:51,039
the doctor Oz that we saw. He's the head of CMS,

490
00:30:51,119 --> 00:30:57,319
which is the Medicare Medicaid Administration in terms of taking

491
00:30:57,359 --> 00:31:00,599
care of one hundred and sixty million Americans. And they're

492
00:31:00,640 --> 00:31:05,920
talking about rampant fraud in Ohio involving numerous people, and

493
00:31:05,960 --> 00:31:09,200
that the state under Governor Mike Dewain, is about to

494
00:31:09,240 --> 00:31:13,920
suspend forty nine home healthcare outfits that they consider not

495
00:31:14,039 --> 00:31:18,319
necessarily charged in this but high risk for even more frauds.

496
00:31:18,319 --> 00:31:21,480
So I think we'll see more of this story rolling

497
00:31:21,559 --> 00:31:23,799
out in Ohio, and I think we'll see more of

498
00:31:23,799 --> 00:31:27,880
it rolling out in other states. There's a political backdrop here,

499
00:31:27,920 --> 00:31:32,839
which is these are programs that this administration through Congress

500
00:31:32,920 --> 00:31:36,480
has delivered serious cuts to, and there's a narrative that

501
00:31:36,599 --> 00:31:39,480
comes with that, which is not that there aren't people

502
00:31:39,480 --> 00:31:42,640
in need, but these programs are wasteful and subject to

503
00:31:42,720 --> 00:31:46,400
rampant frauds. So some of these cases are going to

504
00:31:46,440 --> 00:31:48,440
be seen as validation of those claims.

505
00:31:48,839 --> 00:31:52,480
Speaker 1: Yes, sir, I mean, I'm glad to see it. It

506
00:31:52,599 --> 00:31:56,279
sounds like the fraud was just so obvious to everybody.

507
00:31:56,759 --> 00:31:59,839
You can put in all kinds of fake claims that

508
00:31:59,880 --> 00:32:03,160
you were treating people for something, and the government wouldn't

509
00:32:03,160 --> 00:32:06,119
even question it. They would send you the money millions

510
00:32:06,160 --> 00:32:11,119
and millions of dollars. So today it's Ohio, a couple

511
00:32:11,160 --> 00:32:14,839
of weeks ago it was Minnesota, California. I think is

512
00:32:14,880 --> 00:32:18,920
also part of the latest active investigations. I hope they

513
00:32:18,960 --> 00:32:22,319
go around the country and crack down on this stuff

514
00:32:22,319 --> 00:32:26,680
so people think twice before they apply for fake claims.

515
00:32:27,319 --> 00:32:32,279
Wall Street, I don't know. You figure it out. Oh.

516
00:32:32,319 --> 00:32:35,079
By the way, again, I want to start a second

517
00:32:35,119 --> 00:32:41,319
podcast that where we take tackle people's financial questions, whether

518
00:32:41,400 --> 00:32:46,160
it's investing, whether it's borrowing, whether it is mutual funds

519
00:32:46,240 --> 00:32:52,160
or stocks or bonds or ETFs, or insurance, or saving

520
00:32:52,240 --> 00:32:55,920
for college, saving for a home purchase, saving whatever it

521
00:32:56,000 --> 00:32:58,759
might be for. We used to do this years ago.

522
00:32:59,319 --> 00:33:03,960
We take calls from people about their about their financial questions,

523
00:33:03,960 --> 00:33:07,400
and I'm getting some emails. Emails are fine as well.

524
00:33:07,480 --> 00:33:10,799
I prefer the calls, but emails work as well. You

525
00:33:10,839 --> 00:33:13,519
can find the phone number and the email address by

526
00:33:13,559 --> 00:33:17,200
going to my website, which is Tom Sullivan dot com.

527
00:33:17,640 --> 00:33:19,759
The phone number, if you have a pen, write it

528
00:33:19,799 --> 00:33:25,640
down eight five five two nine five sixty six hundred

529
00:33:26,359 --> 00:33:29,960
eight five five two nine five sixty six hundred. The

530
00:33:30,000 --> 00:33:35,559
email address simple Tom Sullivan's Show at gmail dot com.

531
00:33:35,799 --> 00:33:39,000
All right, so today I've said you figure it out,

532
00:33:39,000 --> 00:33:42,799
because yesterday we had the biggest drop in years on

533
00:33:42,839 --> 00:33:46,759
the Dow, and today it was up eight hundred and

534
00:33:46,839 --> 00:33:50,960
seventy five points, so it was totally a rebound. And

535
00:33:51,000 --> 00:33:53,519
by the way, most of the stock market gains in

536
00:33:53,559 --> 00:33:58,359
the last I don't know since the beginning of the year,

537
00:33:58,759 --> 00:34:02,279
a lot of it has been around AI and about

538
00:34:02,359 --> 00:34:05,799
tech and the Magnificent seven is there called, and these

539
00:34:05,839 --> 00:34:08,480
are all tech companies that are leading the way with

540
00:34:08,599 --> 00:34:12,199
AI and that that's the future, and everybody's all excited

541
00:34:12,239 --> 00:34:15,480
about it. So the stocks for those companies have been

542
00:34:15,480 --> 00:34:19,000
going up, but they're out of the S and P

543
00:34:19,159 --> 00:34:22,920
five hundred. They're only seven stocks. Most of the other

544
00:34:23,000 --> 00:34:26,079
stocks have been doing some up, some down, but nothing

545
00:34:26,440 --> 00:34:30,800
nothing of great consequence. Well, now we're starting to see,

546
00:34:30,840 --> 00:34:34,679
at least today that the game broadening out. A lot

547
00:34:34,719 --> 00:34:39,639
of the Magnificent seven stocks have not participated today, not

548
00:34:39,760 --> 00:34:42,920
at all. So these are the rest of the stocks

549
00:34:42,960 --> 00:34:46,280
out there in the stock market. The Dow up, like

550
00:34:46,320 --> 00:34:50,599
I said, up eight hundred and seventy four to close

551
00:34:50,639 --> 00:34:53,360
at fifty one thousand and five sixty one. That is

552
00:34:53,400 --> 00:34:56,719
a new record. The S and P up thirty, the

553
00:34:56,840 --> 00:35:01,719
NASDAC see about those tech stocks, was down twenty three points.

554
00:35:02,239 --> 00:35:04,599
The price of gold up thirty nine dollars to four

555
00:35:04,639 --> 00:35:08,360
thousand and five oh four thousand and five oh six,

556
00:35:09,199 --> 00:35:14,840
and oil after again talk about the fact that maybe

557
00:35:14,840 --> 00:35:18,000
we're getting close to a peace agreement. I'll believe it

558
00:35:18,039 --> 00:35:22,039
when I see it. Oil fell almost three dollars, down

559
00:35:22,639 --> 00:35:25,639
to ninety three dollars, still very expensive for one barrel

560
00:35:25,679 --> 00:35:28,159
of oil. So that's it for today. Thank you for

561
00:35:28,199 --> 00:35:32,000
coming by. We will be back again tomorrow and I

562
00:35:32,039 --> 00:35:35,239
hope to see you then tomorrow, and I hope to

563
00:35:35,239 --> 00:35:35,800
see you then

