April 8, 2025 • 41 mins
This hour, Dan asks if you have faith in the tariffs and the Stock Market.
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Episode Transcript
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Speaker 1 (00:00):
It's nice time.
Speaker 2 (00:02):
I'm going Boston's news radio.
Speaker 1 (00:07):
Dan Watkins, you broke my heart with that Red Sox score.
I was so happy about the brewmin so happy about
the Celtics and you had to add the Red Sorry
about that, Dan, though, man, I mean you know, I
mean just you know, if you admitted it, then some
people might have gone to bed thinking we hit with
three and oh tonight.
Speaker 3 (00:22):
Do you know what I'm saying?
Speaker 2 (00:23):
Yeah?
Speaker 3 (00:23):
Maybe, but hey, blame the weather.
Speaker 1 (00:25):
You're a journalist. You gotta do what you gotta do.
It's as simple as that. I do understand.
Speaker 3 (00:30):
But it, oh man, it got me.
Speaker 1 (00:32):
It got me. Was Can you imagine playing baseball at
Fenway Park tonight?
Speaker 3 (00:35):
I could not.
Speaker 4 (00:36):
Did you hear this stat According to Baseball Reference, the
first pitch temperature of thirty five degrees the third coldest
game in the history of Fenway Park?
Speaker 3 (00:45):
Whoa?
Speaker 1 (00:46):
I mean, what do you think about it? That doesn't
surprise me. I remember being in an opening night and
you can look this one up if you don't believe me.
The Red Sox played the Yankees as their home opener.
I'm gonna I guess we're talking like maybe two thousand
and seven. Or something like that. It was March twenty eighth.
(01:07):
It was one of the first times they played in March.
It was like seventy two degrees at the first pitch
at a halve o'clock at night.
Speaker 5 (01:16):
You can't beat that.
Speaker 1 (01:17):
No, no, oh, it was like the middle of June.
It was like the middle of June. But anyway, Yeah,
tough night tonight for the Red Sox. The bats went
to sleep. I can understand that. Can you imagine every
time you hit one off the end of the bat
that's gonna sting.
Speaker 5 (01:31):
Yeah, my hands were hurt and just watching them.
Speaker 3 (01:34):
All right, thanks Dah, I appreciate it hanging there.
Speaker 1 (01:37):
All right, here we are at the eleven o'clock hour.
Speaker 3 (01:41):
We're not going to talk sports.
Speaker 1 (01:42):
No, I'm going to throw in a couple of topics here.
We give you an opportunity to comment on them, and
then I am going to go to what happened on
Wall Street today, which again was a devastating day. But
there's two news stories. One is out of New Hampshire, UH,
(02:05):
fullm Governor Christiano has decided, not emphasized, not run for
the United States Senate. Actually, I had spoken with full
MC governor Sonunu a few weeks ago and he had
been back in contact with President Trump.
Speaker 3 (02:22):
And the article that I'm reading today.
Speaker 1 (02:26):
Out of the guess this is in the New York Times,
essentially says that Trump had kind of said given him,
you know, his blessing, and that you know they were okay.
You know, Christino had been a very independent Republican, supporting
Nicky Hailey, and then you know he supported Trump at
the end. My suspicion is that Christian Unhu is going
(02:48):
to appear peer materialize on one of the major networks
as a commentator. He's just too good a and quick
and witty, almost too good for the US Senate. If
you get my drift, he will be compensated better, I suspect.
(03:09):
So we'll see that how that works out. Okay, but
maybe we'll try to get governors Sonu on with us,
former governors, so Unu, the younger former governess on with
us before the end of the week to have him explain.
He's basically saying it was family considerations. Remember, he had
decided not to run for the Senate a couple of
years ago, and he said he could not see himself
(03:30):
going to Washington as a backbencher. So if you want
to comment on, what would have I think been in
a pickup for the Republicans in New Hampshire because the
Democrats have a retiring Democratic senator up there in Jean Shaheen.
New Hampshire is one of three states including Michigan and Minnesota,
(03:51):
where incumbent Democrats are resigning, which gives Republicans it's easy
to beat, it's tougher. Let me put this wway, it's
tougher to beat it an incumbent than it is to
beat someone who's a non incumbent. So those could be
potential pickups. So far, according to the New York Times,
no Republican senators who are up for re election and
(04:12):
competitive states have announced their retirements as yet for twenty
twenty six, So this will be Scott Brown apparently is
going to run up in New Hampshire for a second time,
so we'll see how that works out. We certainly will
cover that race for you and the other so you
can comment of that if you'd like, whether you're from
(04:33):
New Hampshire or not. And then the other story is
that Boston City councilor Tanya Fernandez Anderson, one of the
more progressive members of the City Council, has apparently pled
guilty or will has agreed to plead guilty to federal
in a federal corruption case against her. I think that
(04:55):
I heard w v Z report tonight that as part
of that guilt plea, she would agree to serve one
year in a day in prison, and she's also agreed
to resign her position on the Boston City Council. You know,
(05:15):
there's some interesting city councilors right now. There's a couple
of solid citizens in my opinion, on the Boston City Council,
but the rest of it is, you know, the bunch
Bolsheviks and uh, you know, you never wish wish ill
on anyone, but city councilor Frinandez Anderson, you know, is
(05:38):
not fighting this. She's resigning and also apparently accepting a
plea deal.
Speaker 3 (05:44):
Which is probably a smart thing to do.
Speaker 1 (05:46):
And she must understand what the government case is and
her lawyers, I'm sure she has good counsel. So if
you want to comment on that, six one seven, two, five,
four ten thirty or six one seven, nine three one
ten thirty. And the issue that I think we'll talk
about for the balance of the evening. Is the performance
(06:06):
on Wall Street today? The markets opened this morning, the
futures this morning said the market was going to the
markets would rise, and they did rise. The Dow Jones
was up fourteen hundred points around ten thirty this morning.
There were similar, you know, three point four point percentage
(06:29):
jumps with the Nasdaq and the S and P five hundred,
and it looked as if this was a big recovery
day on Wall Street. Well, apparently as the day went
on there had been some hope that maybe there would
(06:51):
be some agreements with other countries, and then there was
a question whether or not the president would pause the
imposition of the tariffs, and I think that I believe
it was the Press secretary who the around two o'clock
this afternoon said no, there's no way that these tariffs
(07:11):
they're going to be imposed. And of course there is
the the big reacting reaction tariff against China that goes
into effect tonight, so that their tariffs get up to
about one hundred and four percent. So the Dow, which
was up fourteen hundred, ended down three hundred and twenty
(07:36):
eight something like that. And now the futures for tomorrow
suggest it's going to go down another four hundred or
open another four hundred down. The S and P is
expected to open at least one percent down and the
Nasdaq one percent down. This this will be four days
(08:00):
in a row.
Speaker 6 (08:02):
Uh.
Speaker 1 (08:02):
That the the the big you know three stock entices
have gone down. So my question to you, and we
had some really good calls last night. I hope that
we can replicate that tonight six one, seven, two, five,
four thirty six one seven, nine three, one, ten thirty.
When does this end? Or to put another way, how
(08:23):
far where's bottom? Where's bottom?
Speaker 3 (08:27):
Uh? Is bottom for the Dow thirty five thousand?
Speaker 1 (08:32):
Is it lower than thirty five thousand?
Speaker 3 (08:36):
Uh? What are you doing?
Speaker 1 (08:37):
You holding on or did you call your broker and
say sell as much as you can? Or have you
hit the panic button? I hope you don't hit the
panic button. I'm not a broker, I don't give the
I'm not giving advice on air, but I'd love to
hear what all of you think about this. And Donald Trump.
A couple of days ago he had the Los Angeles
(09:00):
Dodgers came by to the White House for a visit,
which you know he liked. And then today he was
doing something with coal, and he must have spoke for
an hour, and I got to tell you it was
very repetitive. It didn't inspire. You know, it's like, everything's fine,
We're doing fine. This is fine, this is brilliant, this
(09:21):
is fine. And you know it's like, really really, I
love to hear. I mean, he's he's got so many
balls in the air. He above all should understand what
this does to the economy. So today, when you think
about it, the Dow was up fourteen hundred and it
(09:45):
ends down three hundred, So in effect it it had
a seventeen hundred point swing today. And you can tell me, well,
that's not a lot. Let me tell you something that's
a big swing. It's a big fit in terms of numbers,
and it's a big swing in terms of percentage. So
do you still have confidence confidence in the president or
(10:08):
or has he gone a little too far on this
policy and he's dug himself a hole? And what do
they say when you're digging yourself a hole? At some
point you got to stop digging six one seven, two, five,
four ten thirty six one seven, nine three one ten thirty.
We're going to talk about it till till midnight. We
got about forty minutes left. Feel free to join the
conversation whatever your point of view.
Speaker 2 (10:28):
Nice side with.
Speaker 6 (10:31):
Boston's news radio.
Speaker 1 (10:34):
All right, So, if you have actually either jumped back
into the market and saw today as a buying opportunity,
love to hear about that.
Speaker 3 (10:45):
If you have.
Speaker 1 (10:46):
Decided that it's time and you just don't have the
stomach for it. Uh, And I don't know, I would
love to know. I'm beginning to believe that the market
is being manipulated a little bit, and I think that
what worries me is that there might be people who
are intentionally saying, Okay, I'm going to sell and I'm
(11:08):
going to take a hit because it would be good
for maybe the country, or good for the point of
view that I believe in. I mean, the market should
be separate from politics. The market should be a place
where the value of the company determines the price of
(11:32):
the company. It should You should not root against the
stock market or against prosperity for everyone based upon your
political allegiance. Now, I thought that today when Bill Ackman
made his comments. This guy's a billionaire, and he was
very supportive of Donald Trump during the election season. His
(11:56):
voice matters, in my opinion, so than someone who doesn't
like Trump. But there are people out there on shore
who are looking at this purely from a political point
of view, which is understandable, but I'm not sure that
that's healthy. So I ask you to join the conversation.
Six one, seven, two, five, four ten thirty six one seven,
(12:18):
nine three one ten thirty. Are you still convinced that
tariffs are what we need? I don't think President Trump
has the inclination or frankly, has the flexibility to back
off at this point. There's no way that he can say, look,
(12:40):
there was a big these big, beautiful tariffs, This beautiful
word didn't work. He's got to stick with this. He
doesn't have a choice. He does not have a choice.
I would love to ask some of you what should
he do? Okay, So those are the questions you have,
the answers you got the self, you got the number
(13:01):
six one seven, two thirty, six one, seven, nine thirty.
Let me go to Paul in Dorchester, Paul Ugly Day
on Wall Street. What are your thoughts?
Speaker 6 (13:11):
And I agree with your premise that we are being
manipulated by the media. We are not hearing any good
news about uh, the progress we're making against the hooties
and and every other front that we're working on. Uh,
are you here now? The market is based on greed
(13:33):
and fear. Now evidence of that is, oh something's bad.
Oh everybody runs out of the market, then oh something
is good. Nine hundred point rush today. Okay, people, those
companies did not suddenly change their books and and their
(13:54):
income and their outgoing. Nothing changed with those companies in
the amount of time except the misinformation that we're getting.
And and that's all they They're playing on people's fear
and greed and the media. Just do you remember how
there was a bouch of kids that got together and
they were manipulating stocks and they built some of these
(14:17):
hedge fund people out of money just by just by uh,
by putting fear.
Speaker 1 (14:24):
Yeah, I think I think that you were well, I
think that you were talking was that the Robin Hood
uh market about a year or so ago, where this
stock had no substance to it whatsoever.
Speaker 7 (14:37):
Uh, And and yet it went through the roof. And
that was the idea of well, this is a hot stock.
It's it's let's you know, let's let's jump on this.
What does it make I don't care. It's going up, right.
Speaker 1 (14:48):
You know, there's no there's no underlying substance to the
to the stock, and yet it's going up.
Speaker 6 (14:54):
And we we need to allow President Trump this is
the art of the this. He has to put out
a second edition of that book so people can read it.
Apparently it was nineteen seventy eight or something was too
long ago for people. Whatever, But this is a manipulation
of two hundred and fifty years. We've been getting screwed.
(15:17):
They've been stealing our lunch money, and we're coming home
with black eyes, and you know, and suddenly Papa Bear saying, hey,
you know you're gonna punch us in the eye. We're
gonna punch you back after a while. Well, they've been
digging this hole. All these politicians have been giving money away,
giving money away, and it's our money, and it's this
(15:41):
makes no sense. When you go into a store, you know,
they if you had a cover charge at two hundred
and fifty bucks, you know, are you gonna go in
that store?
Speaker 1 (15:51):
No?
Speaker 6 (15:51):
Maybe not, because you can go buy two hundred and
fifty bucks or something somewhere else. And that's what's gonna happen.
Necessity is the mother of invention. You know, before these
people were having their game boards made overseas, these game
boards were made over here. And suddenly they feel they
realized that child labor and the exploitation of people in
(16:13):
other countries could get their game boards the cheaper. And
that's what's happening. It's it's worth paying a little bit
more for something made in America by people that are
working under humane conditions. And and it's and and and
where is all their goodness of of of like they
(16:34):
were putting all the Hollywood actors down for a while
because who was having their stuff made in one country
or another? And uh, and they realized what was happening
in these sweatshops. And you got little kids, yeah, that
are working so they can have cheap game boards and
they can stay there.
Speaker 1 (16:52):
Someone the other night talked about, you know, they can't
sign game boards, and I said, what do you mean
by game boards? And they said, well, checker boards. You know, look,
if we have to go a few years without a checkerboard,
you can make a checkerboard. I mean, it's you get it.
You can well, nobody can make them, but you can
make them, Paul, if you and I want to play checkers.
Speaker 3 (17:14):
Okay, you can. You can.
Speaker 1 (17:16):
Literally, it'll take you maybe twenty minutes max.
Speaker 3 (17:20):
To make a checkerboard.
Speaker 1 (17:21):
I mean, it's as simple as that, you know, and
you filler in some of the cases black, some of
the cases some of the space is white.
Speaker 3 (17:27):
You know, you you know what, it's checkerboard. That's that's that.
That is crazy if they're going to say that.
Speaker 1 (17:33):
What this is about, in my opinion, is getting manufacturing
back to America now. Immediately, there were a lot of
people who are cynical who were saying, well, how long
is are going to take to build factories. I don't
know how long it's going to take to build factories,
but I assume it can. They can be built if
a company really wants wants to build factories pretty quickly.
(17:55):
And there's a lot of factories that have been abandoned,
the buildings that they're just gonna get a quick been in.
Speaker 6 (18:00):
Look, as soon as they start building factories, they're going
to be employing electricians and corperences and all kinds of
people that build those new plants. They realize how much
it's coming back to this country already. I mean we're
talking I think the white House reporter girl there was saying,
(18:22):
seventy countries contacted us to me, right.
Speaker 1 (18:25):
But the difference, here's the difference, Paul. Okay, you know
I am substantially in agreement with you and a number
of the points you made.
Speaker 3 (18:33):
But here's the difference.
Speaker 1 (18:35):
Donald Trump has always spoken in these grandiose terms, okay,
And the same problem they have with the immigration at
this point, they're pulling people off the street. Pull people
off the street if you think they're a danger, But
tell us why they're a danger. Don't just pull people
off the street and put them on an airplane and
(18:55):
fly them to Louisiana. That's crazy, Okay. They you gotta
support actually what you do, because at some point in time,
you know, guys like you who are with Donald Trump
all the way are always gonna give him the benefit
of the doubt. But the average American in the middle,
(19:16):
the one who decided that they would take him over Harris,
they're saying, well, why are you you know, well, what
did this woman, what did this Turkish woman do? She
wrote an article for a college newspaper. Show us something,
Show us something. And the same way here when they
say we have we have fifty countries, seventy countries who
(19:36):
have told us they want to make a deal. I'm
not worried about that. I'm worried about show me the company,
show me the countries when the deals are made, and
what are the implications of the deal. Paul, I hate
to do this to you, man, because.
Speaker 6 (19:49):
It's gonna take some time. This is a hole they've
done for the last two hundred years. Okay, it's gonna
take time to fill that hole in. You know, you
got to shovel it back in.
Speaker 1 (20:00):
Got that.
Speaker 3 (20:00):
I got you on that.
Speaker 1 (20:01):
All I'm just saying is that he is spending political
capital that he had when he was inaugurated on January twentieth.
He was flush with political capital. He has spent and
spent and spent that political capital, and until we start
to see some results, that political capital is going to
(20:23):
keep going out of his pocket and at some point
he's going to say, where's the rest of my political capital?
Speaker 3 (20:28):
That's all I'm saying.
Speaker 6 (20:29):
Too bad we can't get any support from the demon
rats at all.
Speaker 3 (20:33):
Well, you know.
Speaker 1 (20:34):
That doesn't that's not you know, name calling like that
doesn't help. But anyway, Paul, look, I appreciate you.
Speaker 6 (20:39):
Take negative negative negative. Why don't they spend a little
bit of energy on at least you know, they told
us he like.
Speaker 1 (20:46):
Paul, you don't have a heart attack, Paul, I don't
want you to have a heart attack.
Speaker 3 (20:50):
Okay.
Speaker 6 (20:50):
They don't want to help us. Get out of the way,
all right.
Speaker 1 (20:55):
Paul, do me a favor. Sit back and relax. Okay,
everything's gonna be okay, We're gonna be okay. But I
appre I love your passion, and I thank you for
the call. But I got to let you go because
they got the news coming at me. Okay, Thanks, Paul,
appreciate your call. Thanks, have a good one.
Speaker 3 (21:13):
Okay.
Speaker 1 (21:14):
Six one seven, two five four ten thirty six one
seven ninety. I want to hear from you on this.
I you know, let's be intelligent here and what what
has to happen to turn this around? I mean, where
does you know?
Speaker 3 (21:32):
Look?
Speaker 1 (21:34):
I think that there is some you know, Paul used
a kind of a tough term. I think that some
Democrats are sitting back and saying, we told you so
here you are, here you are. I think you got
to start seeing some results. And I think that the
White House there's even some into mural warfare.
Speaker 3 (21:54):
Going on.
Speaker 1 (21:55):
I guess one of the networks tonight reported that uh,
musk uh, you know President Trump's you know, most important
ally called Peter Davarro, President's trade advisor, a nasty word
and that begins with M, which you're not supposed to
use in polite company, but questioned his intelligence. Let's put
(22:18):
it like that. If I'm a Democrat, I'm looking at
that and I'm loving that. I'm saying, hey, you know,
in the inner circle, Uh, they're going to turn it
into a firing squad. Six one seven two thirty six
one seven thirty. Come on, people, let's go. Let's get
it go. We're going to talk till midnight. Join the conversation.
(22:38):
Back on night Side. You're on night Side with Dan
Ray on WBZ, Boston's news radio. All right, back, we
go to the phones. It's interesting. Everybody's kind of quiet tonight,
and I wonder why, Okay, I got wide open lines
(22:59):
six four thirty six one seven. I hate to say that,
but if you've lost faith in your president, feel free
to join the conversation. If you still have faith in him,
feel free. But it looks as if we're going to
have the fifth day of a stock market meltdown tomorrow
(23:22):
thanks to the to the tariffs. Now, if you I
like Paul from Dorchester and you're gonna hang tough, don't
be quiet.
Speaker 3 (23:32):
Here comes Bill in Pennsylvania. Hate Bill. How are you welcome?
Speaker 8 (23:36):
Good Dan?
Speaker 4 (23:36):
How are you doing well?
Speaker 1 (23:38):
I'm doing better than the stock market, that's for sure.
Speaker 4 (23:43):
Hey, I bail. I bailed in the stock market in
two thousand and eight after losing my butt. But listen,
I think, uh, I think that people are discounting all
the political uh capital that this president has got by
uh shutting this border down. I think the border. I
think the border was a bigger, a bigger thing that
(24:06):
than people think.
Speaker 2 (24:08):
I don't see.
Speaker 4 (24:08):
Anybody running around here with their hair on fire about
the stock market because I think everybody knows in the
back of their heads, Dan, that that Trump is controlling everything.
And when he says the time is up okay, and
we're gonna put things back together, then then he'll do it.
And I think the whole the whole process is to
break the back of the Chinese.
Speaker 3 (24:31):
Well, I don't disagree with that.
Speaker 1 (24:33):
I don't disagree with that, but but here's the deal, Okay,
you had the Chinese today this reports, by the way,
which I haven't even mentioned that over in Ukraine. Ukraine
has captured some Chinese soldiers, not North Korean soldiers, Chinese soldiers.
So if, if, if, if, the Chinese government has allowed
(24:57):
some of the military members to go fight alongside Russians
in China. That's an interesting development, if you know what
I'm saying. And this is like a whole big world,
and I'm looking. There was an article in the Globe
today which I thought was really interesting that the number
(25:18):
of factories that have been built in China in the
last few years are outstripping the number of factories that
are being built built in the United States. I mean,
we may have to take some tough medicine here, I am.
I would be more impressed if President Trump as opposed
to giving me you know, we're about to enter the
(25:40):
Golden age speech. I've heard that speech. That doesn't do
it for me. Tell me the truth. I can handle
the truth. Tell me how bad it's going to be, okay,
and tell me what's what the benefit of that is.
I don't think he's articulated that yet, was it?
Speaker 4 (26:00):
The American public had had all this patience for all
these endless wars. Okay, ten years here, fifteen years there,
twenty years here, and now, Okay, what a lot of
people understand that this is gonna take. I heard, I
heard steel workers, I heard still people on here, auto
(26:22):
workers on talking about how these tariffs are gonna work
if we just are patient. And this is the this
used to be the backbone of the Democratic Party telling
us that.
Speaker 1 (26:32):
Dan, you know that I understand that, and I think
that that is the bottom line is. I think you
need to level with the American people. It's like if
you go to your doctor, okay, and if your doctor
says to you, oh, you're gonna be fine. You're going
to be fine. You know, you're gotta kind of stay
in bed for a couple of days and take an
(26:53):
as forn or two, and you know, two or three
days from now, you be fine. Two or three days
from now, you're worse.
Speaker 3 (27:00):
Now.
Speaker 1 (27:00):
You feel like you feel worse than you did two
days ago. And you go back and the doctor says, oh, yeah,
one more day, one more day, and you'll be fine.
Speaker 3 (27:08):
Here's some some meds.
Speaker 1 (27:10):
Take take these, take this prescription or whatever, and nothing happens.
Speaker 3 (27:15):
You know what you're gonna do.
Speaker 1 (27:16):
You're gonna you're gonna change your doctor.
Speaker 4 (27:18):
Right, Yeah, But I think you know I'm out here,
and I'm out here in the uh in the uh
well we used to call the boon docks, yeah.
Speaker 1 (27:26):
And we probably still do call it the boonies.
Speaker 3 (27:29):
Go ahead.
Speaker 4 (27:31):
In the countryside of Pennsylvania. And honestly, I'll tell you
people out here trust Trump, okay, because okay, alls we
heard for four years was I can't do this, I
can't do that. I can't Every time we turn the
TV on, we see these caravans and they're telling us
that the that the borders closed.
Speaker 3 (27:49):
No, no, I.
Speaker 1 (27:50):
Totally look Bill, Bill, you've listened to me for a
long time. Okay, I think you know that I agree
with you on that. Okay, But what I'm saying is
when and I don't mean to interrupt you, and I apologize,
but when he started talking about we're entering the Golden
Age of America, this is the age and all of that,
(28:12):
and uses that flamboyant language, and then you see the
stock market drop, you know, ten percent in like four days. Yeah,
there's a lot of people who are impacted by that.
Maybe you aren't. By the way, when you get out
of the stock market in two thousand and eight, if
you had stated the stock market bill, yeah, you would
have more than made back what you might have lost
(28:35):
temporarily in two thousand and eight.
Speaker 4 (28:36):
You know that, right, You're right. But I don't have
the nerves for that kind of stuff.
Speaker 1 (28:40):
No, and there's a lot of other Americans who don't
have the nerve. That's the point I'm trying to make.
You made my point for me. All I'm just saying
is that that he should be small enough, his team
should be small enough to say, hey, we got to
do something here.
Speaker 4 (28:58):
I mean, you know, well, let me let me just
make a couple more points thence Okay, Okay, he's got
some significant wins here with the Supreme Court. Okay. That's
one thing, all right. The other thing is I got
a neighbor that just drives it drives me nuts, all right.
He's he's a big lib and his wife's a big lib.
(29:19):
She's even worse than he is, all right, because they're
always this and that about Trump. But okay, they come
over here and they say to me like this. They'll say,
they'll say, look at Europe. Look at the people in
Europe get to go to school. From from kindergarten right
on through a PhD. And they don't have to pay
for a thing. And I look at him, I say,
in my in my mind, I'm thinking, what's wrong with
(29:40):
these two?
Speaker 2 (29:41):
Okay?
Speaker 4 (29:41):
Don't they realize that in Europe? Okay, they can have
all that free stuff because we're we're taking care of
all the defense for them. Ever since World War Two,
we completely rebuilt Germany, we completely rebuilt we all.
Speaker 1 (29:55):
We agree with you on that absolutely, But but do
you think, let me ask you this, do you think
that that they're going to turn around and at some
point have like a moment of clarity and they're going
to say, you know, maybe Trump's right, that voter is gone,
that voter's gone, that voter's never coming back.
Speaker 3 (30:15):
Okay.
Speaker 1 (30:15):
And the people like you and Paul from Dorchester who
are with him, God love you.
Speaker 3 (30:19):
You're staying with him.
Speaker 1 (30:20):
But he's going to lose the middle so quickly if
he doesn't come. And you talk about he said great court,
uh wins. Let me tell you it's it's a battle
in these courts. Okay, it is a battle in these courts.
Speaker 8 (30:34):
Uh.
Speaker 3 (30:34):
And he's done some he's.
Speaker 1 (30:36):
Had some successes, but people vote with their pocketbook, and
if he doesn't have people around him tonight who was saying,
mister president, this is a big problem that got bigger
today and deeper today, and it got to it has
to be addressed. I mean, he's got it, you know,
that's it, because once you lose them, they never come back.
(30:58):
They never come back. I agree with Dan, Bill, Bill,
I'm up on my break. I love your calls. I
love your loyalty, just like you know, Paul, And I'm
telling you something that you don't want to hear. And
I do appreciate your being Willem Grison to that.
Speaker 4 (31:14):
And America is gonna give this guy at least four
or five months that's always gonna need and this will
be right back on top.
Speaker 1 (31:20):
Well, you know what when that happens tonight, it's April, Tonight, May, June, July, August, September.
When you call me, well, you'll call me back many
times between now and then. I hope it in September fifteenth.
If that's true, I want you to call back and say, Dan,
I told you four or five months ago.
Speaker 3 (31:34):
Here we are.
Speaker 4 (31:36):
Yeah, okay, Dan, thank.
Speaker 3 (31:37):
You, thank you, my friend.
Speaker 1 (31:39):
We'll talk later, all right, let's keep rolling here six one, seven, two, five,
four ten thirty six one seven, nine, three thirty. I
got to say to Paul and to Bill, you guys
had the guts to call and take this on tonight,
Uh and use it.
Speaker 3 (31:57):
Theres some credit for that. Uh.
Speaker 1 (31:58):
There's a lot of people out there sitting tonight and
they're scared. They're not calling the show. We'll be back
on Nightside after this. You're on night Side with Dan
Ray on Boston's news radio. Back to the phones we go.
Let me go to Gary and Ruber and Gary next
on night Sagara.
Speaker 3 (32:17):
Gary, you're up.
Speaker 2 (32:19):
Too deep for me, too deep on Wall Street. Stuff
like that. The last call hit the head on the nail.
Give it some time. But if obviously it doesn't work out.
His advisor to say, President, we got to do a
switch share. He says, you're right, okay, blank blank. But
one thing I want to say, because you got too
many calls, what would we rather have running this country? Trump? Obiden,
(32:40):
we only know Trump. But my question is to you, Dan,
why is everybody out there protesting against Trump? Right now?
I know about the education cutoffs and all that, right,
but my question is, were it with everybody when the
country is fallowing apart, especially with Femur Carolina and California
and so far that money was the play that with
(33:00):
no money's are why was everybody? Why was the healthier protesting?
Speaker 3 (33:04):
Because because because.
Speaker 1 (33:05):
Look the people who were protesting, the people fifty percent
of this country voted for Harris for president. It wasn't
quite fifty. It was like forty nine something, and Trump
got about fifty points something. It's we're an equally divided country.
And the Democrats were flat on their back and Donald Trump,
with this tariff situation, has allowed the Democrats to rise
(33:27):
from the ashes. Man, that's all I'm saying. That's all.
Speaker 2 (33:32):
So that's the answer. It doesn't make any sense, right.
Speaker 1 (33:35):
Well it well it makes sense to them. It's like
it's like a It's it's like a football game. You know,
you you're ahead of twenty one and nothing at halftime,
and you go out and you kick off and they
run it back for a touchdown.
Speaker 3 (33:52):
Now it's twenty one to seven.
Speaker 1 (33:54):
Uh, and then you get the ball in your half
back fumbles and they run it in and in about
two mins and it's it's twenty one fourteen, and all
of a sudden the whole momentum swings and switches, and
now you know, you're back on your heels.
Speaker 3 (34:07):
He's on his heels right now. He's talking about the
Golden age. Is the golden age?
Speaker 1 (34:11):
When you see the stock market dump ten percent billion,
you know, trillions of dollars in value, I don't, I mean,
it's crazy. I mean, did he You know, it's one
thing to say that to the American people. Look, you know,
there's gonna be a little you know, it's gonna get
a little bumpy or something like that. A little bumpy, Yeah,
(34:32):
you lose you know, one percent percent. It's like it's
like saying to some people, yeah, we may have a
little bit of a bumpy ride and the plane ends
up crashing. That's you know, it's just you know, expectations.
It's like, you know, be honest with the American people.
Talk to the American people. Don't just sit there and
go on and on and on and it's wonderful and beautiful.
(34:56):
It's the Golden Age. People don't get sick of that
rhetoric real quickly. And I'm not talking about the people
on the far left who don't like him. People in
the middle are going to say you know what, I've
had enough of this guy.
Speaker 3 (35:05):
He's a gasbag.
Speaker 2 (35:07):
I absolutely agree you should be saying it's gonna be
a rough ride the way it's going to go in
the next few months to the American people. I absolutely agree.
I don't know why he's being yourself flamboyant about it,
but I can tell by advice you would rather have
him than Biden. I thank you for your time, though.
Speaker 1 (35:22):
Thank you, thank you. You read my voice correctly. Thanks Gary. Okay,
all right, gonna go real quickly here. Now this is
gonna be kind of speak as all of a sudden
the phone lines filled up. Don in Belmont, Don, next on, Nice,
I go it.
Speaker 8 (35:33):
Ahead, O Dann, Hi, thanks thanks for taking my call.
Speaker 3 (35:38):
You're welcome.
Speaker 1 (35:39):
I want to We're all a little late here, so
I'm going to try to give everybody just a little
bit of time.
Speaker 3 (35:43):
Whatever's on your mind.
Speaker 8 (35:44):
Go okay. I want you to correct me and tell
and tell me if I'm wrong here. The time is
when the shipper lands at the dark YEP federal agent
takes the money for the tariff for the value of
the goods. The people selling the goods want their money back,
(36:07):
so when the item is in the store, the prices
are raised to get their money back. Correct, absolutely, Where
is the profit made?
Speaker 1 (36:16):
Where is the profit made? Well, the profit is made
by the government that collects the tariff from the person
that receives the goods, and then the money stays with
the with the government. That's in effect attacks that goes
(36:39):
into into the federal treasury.
Speaker 3 (36:42):
Uh. And it may do that.
Speaker 1 (36:43):
It may bring the federal federal debt down, which is
a good thing, but then that cost is going to
be passed on. So when you buy a new car,
instead of costing you fifty thousand dollars to thirty thousand dollars,
it's going to cost you five thousand and six thousand
dollars more. That's that's the money and that's going you know,
out of your pocket, you know, through through through the
(37:05):
the the car company that you buy the car from,
into the federal treasury.
Speaker 8 (37:09):
Fair enough, It's just I understand that. I understand the concept.
You know, the money's paid to the for the treasury.
Speaker 2 (37:18):
Yes, but the.
Speaker 8 (37:19):
Guy is stoling the goods, say the car or the
TV sets that come in from China. Oh, I had
to pay a tariff, so target and the work wherever.
Speaker 1 (37:28):
He passes that, he passes that on to you and me.
Speaker 8 (37:32):
Right, so we're paying that out. Yes, where is where
is the economic gain on both? The government gets their tariff,
that's it, their money in the treasury. We're out money
the consumer.
Speaker 3 (37:45):
That's it. Correct, that's it. Wow, all right, don I
gotta keep rolling here.
Speaker 1 (37:53):
Okay, thanks man, I gotta keep rolling all right, man,
thank you much, thank you much. Quickly Jeff and Whitman.
Jeff next on night Saga right ahead.
Speaker 5 (38:03):
So few quick things. One analyst was saying, with the
stock market, what we're seeing is the really big rollers
buying and selling because of all the changes in the news.
And you could see that today when China made their thing,
there was a big sell off.
Speaker 3 (38:20):
Yep.
Speaker 5 (38:20):
So you have all the hedge front guys, you have
all the big billionaires selling the money. They said. The
majority of the average guys only make up probably about
ten to maybe fifteen percent of the market. So that,
I mean it still hurts us little guys.
Speaker 1 (38:35):
Absolutely.
Speaker 5 (38:36):
Thing is the big thing with people yep. Now, the
big thing that I don't think a lot of people
talk about is almost half the country does not work.
When we were in COVID, it was the first time
we went over fifty percent of people were either on services.
Speaker 2 (38:53):
Ye.
Speaker 1 (38:54):
But you're absolutely Jeff, You're absolutely correct.
Speaker 3 (38:58):
But a lot of those people don't work.
Speaker 1 (39:00):
They still have money that they have to spend, whether
it's so security or whatever. You know, you could say
half the country doesn't work. However, there's a lot of
people who have retired, who have worked their years and
now they're in retirement and and the money that they're
gonna they're gonna lose.
Speaker 5 (39:18):
What I'm but what I'm getting at, Yeah, what I'm
getting at is that's why there's people leaning towards hands
off protesting, never mind the people that got paid to
be at hands off.
Speaker 3 (39:29):
Yeah.
Speaker 1 (39:29):
Okay, Well again, I'm not worried about the protesters. The
protesters aren't gonna are never gonna like Trump. Okay, we
know that. I'm What I'm saying is that that he's
spending political capital at a rate that it's that's unsustainable. Jeff,
Let me keep rolling here. I want to get one
more reason.
Speaker 2 (39:49):
Yep, let me give it.
Speaker 1 (39:51):
Please call early and give you more time. Okay, thank
you much. Last call of the night, Tim in North Carolina. Tim,
I got maybe thirty seconds for you. I got you
in late go ahead.
Speaker 6 (40:01):
Tim Okay.
Speaker 9 (40:03):
So I made forty thousand last year example boom. Now
I make a one hundred thousand because I got some
tip Jerry Job and the government under Bible right, and
now I'm getting laid off by Elon Musk sixty thousand
increase that I made, I invested. Guess what now I'm.
Speaker 4 (40:16):
Having to dump it.
Speaker 9 (40:17):
Therefore, they've played the economy, and they've played this dog market,
and they've played at the unemployment rate because Jeburary jobs boom.
Speaker 3 (40:25):
Game.
Speaker 4 (40:25):
Ever, there's your, there's your.
Speaker 1 (40:27):
Don't don't sell, don't don't panic, don't sell. Okay, don't
it'll come back. It'll come back, believe me.
Speaker 4 (40:35):
Okay, let's be repeat itself.
Speaker 1 (40:37):
Thanks man, History does repeat it So thanks. Thanks to
the callers who are on the line.
Speaker 3 (40:42):
Should have called earlier. Done for the night.
Speaker 1 (40:44):
Everybody, apologize, appreciate to take you the time to call,
but we're out of time. I want to thank Rob,
want to thank Marita, want to thank everyone who called,
whether he got on or off. Want to thank everyone
who listened. I'll be on Facebook. Nice that with Dan
Ray in a minute or so. All dog doll cats off,
pets go to heaven. That's Charlie ray Is, who passed
fifteen years ago in February. That's why your pets are passed.
They loved you, You love them. You'll see them again,
(41:06):
see tomorrow, see you again tomorrow night.
Speaker 3 (41:08):
On nights.
Speaker 1 (41:08):
I'd have a great Wednesday. Everybody see on Facebook in
a couple of minutes
It's nice time.
Speaker 2 (00:02):
I'm going Boston's news radio.
Speaker 1 (00:07):
Dan Watkins, you broke my heart with that Red Sox score.
I was so happy about the brewmin so happy about
the Celtics and you had to add the Red Sorry
about that, Dan, though, man, I mean you know, I
mean just you know, if you admitted it, then some
people might have gone to bed thinking we hit with
three and oh tonight.
Speaker 3 (00:22):
Do you know what I'm saying?
Speaker 2 (00:23):
Yeah?
Speaker 3 (00:23):
Maybe, but hey, blame the weather.
Speaker 1 (00:25):
You're a journalist. You gotta do what you gotta do.
It's as simple as that. I do understand.
Speaker 3 (00:30):
But it, oh man, it got me.
Speaker 1 (00:32):
It got me. Was Can you imagine playing baseball at
Fenway Park tonight?
Speaker 3 (00:35):
I could not.
Speaker 4 (00:36):
Did you hear this stat According to Baseball Reference, the
first pitch temperature of thirty five degrees the third coldest
game in the history of Fenway Park?
Speaker 3 (00:45):
Whoa?
Speaker 1 (00:46):
I mean, what do you think about it? That doesn't
surprise me. I remember being in an opening night and
you can look this one up if you don't believe me.
The Red Sox played the Yankees as their home opener.
I'm gonna I guess we're talking like maybe two thousand
and seven. Or something like that. It was March twenty eighth.
(01:07):
It was one of the first times they played in March.
It was like seventy two degrees at the first pitch
at a halve o'clock at night.
Speaker 5 (01:16):
You can't beat that.
Speaker 1 (01:17):
No, no, oh, it was like the middle of June.
It was like the middle of June. But anyway, Yeah,
tough night tonight for the Red Sox. The bats went
to sleep. I can understand that. Can you imagine every
time you hit one off the end of the bat
that's gonna sting.
Speaker 5 (01:31):
Yeah, my hands were hurt and just watching them.
Speaker 3 (01:34):
All right, thanks Dah, I appreciate it hanging there.
Speaker 1 (01:37):
All right, here we are at the eleven o'clock hour.
Speaker 3 (01:41):
We're not going to talk sports.
Speaker 1 (01:42):
No, I'm going to throw in a couple of topics here.
We give you an opportunity to comment on them, and
then I am going to go to what happened on
Wall Street today, which again was a devastating day. But
there's two news stories. One is out of New Hampshire, UH,
(02:05):
fullm Governor Christiano has decided, not emphasized, not run for
the United States Senate. Actually, I had spoken with full
MC governor Sonunu a few weeks ago and he had
been back in contact with President Trump.
Speaker 3 (02:22):
And the article that I'm reading today.
Speaker 1 (02:26):
Out of the guess this is in the New York Times,
essentially says that Trump had kind of said given him,
you know, his blessing, and that you know they were okay.
You know, Christino had been a very independent Republican, supporting
Nicky Hailey, and then you know he supported Trump at
the end. My suspicion is that Christian Unhu is going
(02:48):
to appear peer materialize on one of the major networks
as a commentator. He's just too good a and quick
and witty, almost too good for the US Senate. If
you get my drift, he will be compensated better, I suspect.
(03:09):
So we'll see that how that works out. Okay, but
maybe we'll try to get governors Sonu on with us,
former governors, so Unu, the younger former governess on with
us before the end of the week to have him explain.
He's basically saying it was family considerations. Remember, he had
decided not to run for the Senate a couple of
years ago, and he said he could not see himself
(03:30):
going to Washington as a backbencher. So if you want
to comment on, what would have I think been in
a pickup for the Republicans in New Hampshire because the
Democrats have a retiring Democratic senator up there in Jean Shaheen.
New Hampshire is one of three states including Michigan and Minnesota,
(03:51):
where incumbent Democrats are resigning, which gives Republicans it's easy
to beat, it's tougher. Let me put this wway, it's
tougher to beat it an incumbent than it is to
beat someone who's a non incumbent. So those could be
potential pickups. So far, according to the New York Times,
no Republican senators who are up for re election and
(04:12):
competitive states have announced their retirements as yet for twenty
twenty six, So this will be Scott Brown apparently is
going to run up in New Hampshire for a second time,
so we'll see how that works out. We certainly will
cover that race for you and the other so you
can comment of that if you'd like, whether you're from
(04:33):
New Hampshire or not. And then the other story is
that Boston City councilor Tanya Fernandez Anderson, one of the
more progressive members of the City Council, has apparently pled
guilty or will has agreed to plead guilty to federal
in a federal corruption case against her. I think that
(04:55):
I heard w v Z report tonight that as part
of that guilt plea, she would agree to serve one
year in a day in prison, and she's also agreed
to resign her position on the Boston City Council. You know,
(05:15):
there's some interesting city councilors right now. There's a couple
of solid citizens in my opinion, on the Boston City Council,
but the rest of it is, you know, the bunch
Bolsheviks and uh, you know, you never wish wish ill
on anyone, but city councilor Frinandez Anderson, you know, is
(05:38):
not fighting this. She's resigning and also apparently accepting a
plea deal.
Speaker 3 (05:44):
Which is probably a smart thing to do.
Speaker 1 (05:46):
And she must understand what the government case is and
her lawyers, I'm sure she has good counsel. So if
you want to comment on that, six one seven, two, five,
four ten thirty or six one seven, nine three one
ten thirty. And the issue that I think we'll talk
about for the balance of the evening. Is the performance
(06:06):
on Wall Street today? The markets opened this morning, the
futures this morning said the market was going to the
markets would rise, and they did rise. The Dow Jones
was up fourteen hundred points around ten thirty this morning.
There were similar, you know, three point four point percentage
(06:29):
jumps with the Nasdaq and the S and P five hundred,
and it looked as if this was a big recovery
day on Wall Street. Well, apparently as the day went
on there had been some hope that maybe there would
(06:51):
be some agreements with other countries, and then there was
a question whether or not the president would pause the
imposition of the tariffs, and I think that I believe
it was the Press secretary who the around two o'clock
this afternoon said no, there's no way that these tariffs
(07:11):
they're going to be imposed. And of course there is
the the big reacting reaction tariff against China that goes
into effect tonight, so that their tariffs get up to
about one hundred and four percent. So the Dow, which
was up fourteen hundred, ended down three hundred and twenty
(07:36):
eight something like that. And now the futures for tomorrow
suggest it's going to go down another four hundred or
open another four hundred down. The S and P is
expected to open at least one percent down and the
Nasdaq one percent down. This this will be four days
(08:00):
in a row.
Speaker 6 (08:02):
Uh.
Speaker 1 (08:02):
That the the the big you know three stock entices
have gone down. So my question to you, and we
had some really good calls last night. I hope that
we can replicate that tonight six one, seven, two, five,
four thirty six one seven, nine three, one, ten thirty.
When does this end? Or to put another way, how
(08:23):
far where's bottom? Where's bottom?
Speaker 3 (08:27):
Uh? Is bottom for the Dow thirty five thousand?
Speaker 1 (08:32):
Is it lower than thirty five thousand?
Speaker 3 (08:36):
Uh? What are you doing?
Speaker 1 (08:37):
You holding on or did you call your broker and
say sell as much as you can? Or have you
hit the panic button? I hope you don't hit the
panic button. I'm not a broker, I don't give the
I'm not giving advice on air, but I'd love to
hear what all of you think about this. And Donald Trump.
A couple of days ago he had the Los Angeles
(09:00):
Dodgers came by to the White House for a visit,
which you know he liked. And then today he was
doing something with coal, and he must have spoke for
an hour, and I got to tell you it was
very repetitive. It didn't inspire. You know, it's like, everything's fine,
We're doing fine. This is fine, this is brilliant, this
(09:21):
is fine. And you know it's like, really really, I
love to hear. I mean, he's he's got so many
balls in the air. He above all should understand what
this does to the economy. So today, when you think
about it, the Dow was up fourteen hundred and it
(09:45):
ends down three hundred, So in effect it it had
a seventeen hundred point swing today. And you can tell me, well,
that's not a lot. Let me tell you something that's
a big swing. It's a big fit in terms of numbers,
and it's a big swing in terms of percentage. So
do you still have confidence confidence in the president or
(10:08):
or has he gone a little too far on this
policy and he's dug himself a hole? And what do
they say when you're digging yourself a hole? At some
point you got to stop digging six one seven, two, five,
four ten thirty six one seven, nine three one ten thirty.
We're going to talk about it till till midnight. We
got about forty minutes left. Feel free to join the
conversation whatever your point of view.
Speaker 2 (10:28):
Nice side with.
Speaker 6 (10:31):
Boston's news radio.
Speaker 1 (10:34):
All right, So, if you have actually either jumped back
into the market and saw today as a buying opportunity,
love to hear about that.
Speaker 3 (10:45):
If you have.
Speaker 1 (10:46):
Decided that it's time and you just don't have the
stomach for it. Uh, And I don't know, I would
love to know. I'm beginning to believe that the market
is being manipulated a little bit, and I think that
what worries me is that there might be people who
are intentionally saying, Okay, I'm going to sell and I'm
(11:08):
going to take a hit because it would be good
for maybe the country, or good for the point of
view that I believe in. I mean, the market should
be separate from politics. The market should be a place
where the value of the company determines the price of
(11:32):
the company. It should You should not root against the
stock market or against prosperity for everyone based upon your
political allegiance. Now, I thought that today when Bill Ackman
made his comments. This guy's a billionaire, and he was
very supportive of Donald Trump during the election season. His
(11:56):
voice matters, in my opinion, so than someone who doesn't
like Trump. But there are people out there on shore
who are looking at this purely from a political point
of view, which is understandable, but I'm not sure that
that's healthy. So I ask you to join the conversation.
Six one, seven, two, five, four ten thirty six one seven,
(12:18):
nine three one ten thirty. Are you still convinced that
tariffs are what we need? I don't think President Trump
has the inclination or frankly, has the flexibility to back
off at this point. There's no way that he can say, look,
(12:40):
there was a big these big, beautiful tariffs, This beautiful
word didn't work. He's got to stick with this. He
doesn't have a choice. He does not have a choice.
I would love to ask some of you what should
he do? Okay, So those are the questions you have,
the answers you got the self, you got the number
(13:01):
six one seven, two thirty, six one, seven, nine thirty.
Let me go to Paul in Dorchester, Paul Ugly Day
on Wall Street. What are your thoughts?
Speaker 6 (13:11):
And I agree with your premise that we are being
manipulated by the media. We are not hearing any good
news about uh, the progress we're making against the hooties
and and every other front that we're working on. Uh,
are you here now? The market is based on greed
(13:33):
and fear. Now evidence of that is, oh something's bad.
Oh everybody runs out of the market, then oh something
is good. Nine hundred point rush today. Okay, people, those
companies did not suddenly change their books and and their
(13:54):
income and their outgoing. Nothing changed with those companies in
the amount of time except the misinformation that we're getting.
And and that's all they They're playing on people's fear
and greed and the media. Just do you remember how
there was a bouch of kids that got together and
they were manipulating stocks and they built some of these
(14:17):
hedge fund people out of money just by just by uh,
by putting fear.
Speaker 1 (14:24):
Yeah, I think I think that you were well, I
think that you were talking was that the Robin Hood
uh market about a year or so ago, where this
stock had no substance to it whatsoever.
Speaker 7 (14:37):
Uh, And and yet it went through the roof. And
that was the idea of well, this is a hot stock.
It's it's let's you know, let's let's jump on this.
What does it make I don't care. It's going up, right.
Speaker 1 (14:48):
You know, there's no there's no underlying substance to the
to the stock, and yet it's going up.
Speaker 6 (14:54):
And we we need to allow President Trump this is
the art of the this. He has to put out
a second edition of that book so people can read it.
Apparently it was nineteen seventy eight or something was too
long ago for people. Whatever, But this is a manipulation
of two hundred and fifty years. We've been getting screwed.
(15:17):
They've been stealing our lunch money, and we're coming home
with black eyes, and you know, and suddenly Papa Bear saying, hey,
you know you're gonna punch us in the eye. We're
gonna punch you back after a while. Well, they've been
digging this hole. All these politicians have been giving money away,
giving money away, and it's our money, and it's this
(15:41):
makes no sense. When you go into a store, you know,
they if you had a cover charge at two hundred
and fifty bucks, you know, are you gonna go in
that store?
Speaker 1 (15:51):
No?
Speaker 6 (15:51):
Maybe not, because you can go buy two hundred and
fifty bucks or something somewhere else. And that's what's gonna happen.
Necessity is the mother of invention. You know, before these
people were having their game boards made overseas, these game
boards were made over here. And suddenly they feel they
realized that child labor and the exploitation of people in
(16:13):
other countries could get their game boards the cheaper. And
that's what's happening. It's it's worth paying a little bit
more for something made in America by people that are
working under humane conditions. And and it's and and and
where is all their goodness of of of like they
(16:34):
were putting all the Hollywood actors down for a while
because who was having their stuff made in one country
or another? And uh, and they realized what was happening
in these sweatshops. And you got little kids, yeah, that
are working so they can have cheap game boards and
they can stay there.
Speaker 1 (16:52):
Someone the other night talked about, you know, they can't
sign game boards, and I said, what do you mean
by game boards? And they said, well, checker boards. You know, look,
if we have to go a few years without a checkerboard,
you can make a checkerboard. I mean, it's you get it.
You can well, nobody can make them, but you can
make them, Paul, if you and I want to play checkers.
Speaker 3 (17:14):
Okay, you can. You can.
Speaker 1 (17:16):
Literally, it'll take you maybe twenty minutes max.
Speaker 3 (17:20):
To make a checkerboard.
Speaker 1 (17:21):
I mean, it's as simple as that, you know, and
you filler in some of the cases black, some of
the cases some of the space is white.
Speaker 3 (17:27):
You know, you you know what, it's checkerboard. That's that's that.
That is crazy if they're going to say that.
Speaker 1 (17:33):
What this is about, in my opinion, is getting manufacturing
back to America now. Immediately, there were a lot of
people who are cynical who were saying, well, how long
is are going to take to build factories. I don't
know how long it's going to take to build factories,
but I assume it can. They can be built if
a company really wants wants to build factories pretty quickly.
(17:55):
And there's a lot of factories that have been abandoned,
the buildings that they're just gonna get a quick been in.
Speaker 6 (18:00):
Look, as soon as they start building factories, they're going
to be employing electricians and corperences and all kinds of
people that build those new plants. They realize how much
it's coming back to this country already. I mean we're
talking I think the white House reporter girl there was saying,
(18:22):
seventy countries contacted us to me, right.
Speaker 1 (18:25):
But the difference, here's the difference, Paul. Okay, you know
I am substantially in agreement with you and a number
of the points you made.
Speaker 3 (18:33):
But here's the difference.
Speaker 1 (18:35):
Donald Trump has always spoken in these grandiose terms, okay,
And the same problem they have with the immigration at
this point, they're pulling people off the street. Pull people
off the street if you think they're a danger, But
tell us why they're a danger. Don't just pull people
off the street and put them on an airplane and
(18:55):
fly them to Louisiana. That's crazy, Okay. They you gotta
support actually what you do, because at some point in time,
you know, guys like you who are with Donald Trump
all the way are always gonna give him the benefit
of the doubt. But the average American in the middle,
(19:16):
the one who decided that they would take him over Harris,
they're saying, well, why are you you know, well, what
did this woman, what did this Turkish woman do? She
wrote an article for a college newspaper. Show us something,
Show us something. And the same way here when they
say we have we have fifty countries, seventy countries who
(19:36):
have told us they want to make a deal. I'm
not worried about that. I'm worried about show me the company,
show me the countries when the deals are made, and
what are the implications of the deal. Paul, I hate
to do this to you, man, because.
Speaker 6 (19:49):
It's gonna take some time. This is a hole they've
done for the last two hundred years. Okay, it's gonna
take time to fill that hole in. You know, you
got to shovel it back in.
Speaker 1 (20:00):
Got that.
Speaker 3 (20:00):
I got you on that.
Speaker 1 (20:01):
All I'm just saying is that he is spending political
capital that he had when he was inaugurated on January twentieth.
He was flush with political capital. He has spent and
spent and spent that political capital, and until we start
to see some results, that political capital is going to
(20:23):
keep going out of his pocket and at some point
he's going to say, where's the rest of my political capital?
Speaker 3 (20:28):
That's all I'm saying.
Speaker 6 (20:29):
Too bad we can't get any support from the demon
rats at all.
Speaker 3 (20:33):
Well, you know.
Speaker 1 (20:34):
That doesn't that's not you know, name calling like that
doesn't help. But anyway, Paul, look, I appreciate you.
Speaker 6 (20:39):
Take negative negative negative. Why don't they spend a little
bit of energy on at least you know, they told
us he like.
Speaker 1 (20:46):
Paul, you don't have a heart attack, Paul, I don't
want you to have a heart attack.
Speaker 3 (20:50):
Okay.
Speaker 6 (20:50):
They don't want to help us. Get out of the way,
all right.
Speaker 1 (20:55):
Paul, do me a favor. Sit back and relax. Okay,
everything's gonna be okay, We're gonna be okay. But I
appre I love your passion, and I thank you for
the call. But I got to let you go because
they got the news coming at me. Okay, Thanks, Paul,
appreciate your call. Thanks, have a good one.
Speaker 3 (21:13):
Okay.
Speaker 1 (21:14):
Six one seven, two five four ten thirty six one
seven ninety. I want to hear from you on this.
I you know, let's be intelligent here and what what
has to happen to turn this around? I mean, where
does you know?
Speaker 3 (21:32):
Look?
Speaker 1 (21:34):
I think that there is some you know, Paul used
a kind of a tough term. I think that some
Democrats are sitting back and saying, we told you so
here you are, here you are. I think you got
to start seeing some results. And I think that the
White House there's even some into mural warfare.
Speaker 3 (21:54):
Going on.
Speaker 1 (21:55):
I guess one of the networks tonight reported that uh,
musk uh, you know President Trump's you know, most important
ally called Peter Davarro, President's trade advisor, a nasty word
and that begins with M, which you're not supposed to
use in polite company, but questioned his intelligence. Let's put
(22:18):
it like that. If I'm a Democrat, I'm looking at
that and I'm loving that. I'm saying, hey, you know,
in the inner circle, Uh, they're going to turn it
into a firing squad. Six one seven two thirty six
one seven thirty. Come on, people, let's go. Let's get
it go. We're going to talk till midnight. Join the conversation.
(22:38):
Back on night Side. You're on night Side with Dan
Ray on WBZ, Boston's news radio. All right, back, we
go to the phones. It's interesting. Everybody's kind of quiet tonight,
and I wonder why, Okay, I got wide open lines
(22:59):
six four thirty six one seven. I hate to say that,
but if you've lost faith in your president, feel free
to join the conversation. If you still have faith in him,
feel free. But it looks as if we're going to
have the fifth day of a stock market meltdown tomorrow
(23:22):
thanks to the to the tariffs. Now, if you I
like Paul from Dorchester and you're gonna hang tough, don't
be quiet.
Speaker 3 (23:32):
Here comes Bill in Pennsylvania. Hate Bill. How are you welcome?
Speaker 8 (23:36):
Good Dan?
Speaker 4 (23:36):
How are you doing well?
Speaker 1 (23:38):
I'm doing better than the stock market, that's for sure.
Speaker 4 (23:43):
Hey, I bail. I bailed in the stock market in
two thousand and eight after losing my butt. But listen,
I think, uh, I think that people are discounting all
the political uh capital that this president has got by
uh shutting this border down. I think the border. I
think the border was a bigger, a bigger thing that
(24:06):
than people think.
Speaker 2 (24:08):
I don't see.
Speaker 4 (24:08):
Anybody running around here with their hair on fire about
the stock market because I think everybody knows in the
back of their heads, Dan, that that Trump is controlling everything.
And when he says the time is up okay, and
we're gonna put things back together, then then he'll do it.
And I think the whole the whole process is to
break the back of the Chinese.
Speaker 3 (24:31):
Well, I don't disagree with that.
Speaker 1 (24:33):
I don't disagree with that, but but here's the deal, Okay,
you had the Chinese today this reports, by the way,
which I haven't even mentioned that over in Ukraine. Ukraine
has captured some Chinese soldiers, not North Korean soldiers, Chinese soldiers.
So if, if, if, if, the Chinese government has allowed
(24:57):
some of the military members to go fight alongside Russians
in China. That's an interesting development, if you know what
I'm saying. And this is like a whole big world,
and I'm looking. There was an article in the Globe
today which I thought was really interesting that the number
(25:18):
of factories that have been built in China in the
last few years are outstripping the number of factories that
are being built built in the United States. I mean,
we may have to take some tough medicine here, I am.
I would be more impressed if President Trump as opposed
to giving me you know, we're about to enter the
(25:40):
Golden age speech. I've heard that speech. That doesn't do
it for me. Tell me the truth. I can handle
the truth. Tell me how bad it's going to be, okay,
and tell me what's what the benefit of that is.
I don't think he's articulated that yet, was it?
Speaker 4 (26:00):
The American public had had all this patience for all
these endless wars. Okay, ten years here, fifteen years there,
twenty years here, and now, Okay, what a lot of
people understand that this is gonna take. I heard, I
heard steel workers, I heard still people on here, auto
(26:22):
workers on talking about how these tariffs are gonna work
if we just are patient. And this is the this
used to be the backbone of the Democratic Party telling
us that.
Speaker 1 (26:32):
Dan, you know that I understand that, and I think
that that is the bottom line is. I think you
need to level with the American people. It's like if
you go to your doctor, okay, and if your doctor
says to you, oh, you're gonna be fine. You're going
to be fine. You know, you're gotta kind of stay
in bed for a couple of days and take an
(26:53):
as forn or two, and you know, two or three
days from now, you be fine. Two or three days
from now, you're worse.
Speaker 3 (27:00):
Now.
Speaker 1 (27:00):
You feel like you feel worse than you did two
days ago. And you go back and the doctor says, oh, yeah,
one more day, one more day, and you'll be fine.
Speaker 3 (27:08):
Here's some some meds.
Speaker 1 (27:10):
Take take these, take this prescription or whatever, and nothing happens.
Speaker 3 (27:15):
You know what you're gonna do.
Speaker 1 (27:16):
You're gonna you're gonna change your doctor.
Speaker 4 (27:18):
Right, Yeah, But I think you know I'm out here,
and I'm out here in the uh in the uh
well we used to call the boon docks, yeah.
Speaker 1 (27:26):
And we probably still do call it the boonies.
Speaker 3 (27:29):
Go ahead.
Speaker 4 (27:31):
In the countryside of Pennsylvania. And honestly, I'll tell you
people out here trust Trump, okay, because okay, alls we
heard for four years was I can't do this, I
can't do that. I can't Every time we turn the
TV on, we see these caravans and they're telling us
that the that the borders closed.
Speaker 3 (27:49):
No, no, I.
Speaker 1 (27:50):
Totally look Bill, Bill, you've listened to me for a
long time. Okay, I think you know that I agree
with you on that. Okay, But what I'm saying is
when and I don't mean to interrupt you, and I apologize,
but when he started talking about we're entering the Golden
Age of America, this is the age and all of that,
(28:12):
and uses that flamboyant language, and then you see the
stock market drop, you know, ten percent in like four days. Yeah,
there's a lot of people who are impacted by that.
Maybe you aren't. By the way, when you get out
of the stock market in two thousand and eight, if
you had stated the stock market bill, yeah, you would
have more than made back what you might have lost
(28:35):
temporarily in two thousand and eight.
Speaker 4 (28:36):
You know that, right, You're right. But I don't have
the nerves for that kind of stuff.
Speaker 1 (28:40):
No, and there's a lot of other Americans who don't
have the nerve. That's the point I'm trying to make.
You made my point for me. All I'm just saying
is that that he should be small enough, his team
should be small enough to say, hey, we got to
do something here.
Speaker 4 (28:58):
I mean, you know, well, let me let me just
make a couple more points thence Okay, Okay, he's got
some significant wins here with the Supreme Court. Okay. That's
one thing, all right. The other thing is I got
a neighbor that just drives it drives me nuts, all right.
He's he's a big lib and his wife's a big lib.
(29:19):
She's even worse than he is, all right, because they're
always this and that about Trump. But okay, they come
over here and they say to me like this. They'll say,
they'll say, look at Europe. Look at the people in
Europe get to go to school. From from kindergarten right
on through a PhD. And they don't have to pay
for a thing. And I look at him, I say,
in my in my mind, I'm thinking, what's wrong with
(29:40):
these two?
Speaker 2 (29:41):
Okay?
Speaker 4 (29:41):
Don't they realize that in Europe? Okay, they can have
all that free stuff because we're we're taking care of
all the defense for them. Ever since World War Two,
we completely rebuilt Germany, we completely rebuilt we all.
Speaker 1 (29:55):
We agree with you on that absolutely, But but do
you think, let me ask you this, do you think
that that they're going to turn around and at some
point have like a moment of clarity and they're going
to say, you know, maybe Trump's right, that voter is gone,
that voter's gone, that voter's never coming back.
Speaker 3 (30:15):
Okay.
Speaker 1 (30:15):
And the people like you and Paul from Dorchester who
are with him, God love you.
Speaker 3 (30:19):
You're staying with him.
Speaker 1 (30:20):
But he's going to lose the middle so quickly if
he doesn't come. And you talk about he said great court,
uh wins. Let me tell you it's it's a battle
in these courts. Okay, it is a battle in these courts.
Speaker 8 (30:34):
Uh.
Speaker 3 (30:34):
And he's done some he's.
Speaker 1 (30:36):
Had some successes, but people vote with their pocketbook, and
if he doesn't have people around him tonight who was saying,
mister president, this is a big problem that got bigger
today and deeper today, and it got to it has
to be addressed. I mean, he's got it, you know,
that's it, because once you lose them, they never come back.
(30:58):
They never come back. I agree with Dan, Bill, Bill,
I'm up on my break. I love your calls. I
love your loyalty, just like you know, Paul, And I'm
telling you something that you don't want to hear. And
I do appreciate your being Willem Grison to that.
Speaker 4 (31:14):
And America is gonna give this guy at least four
or five months that's always gonna need and this will
be right back on top.
Speaker 1 (31:20):
Well, you know what when that happens tonight, it's April, Tonight, May, June, July, August, September.
When you call me, well, you'll call me back many
times between now and then. I hope it in September fifteenth.
If that's true, I want you to call back and say, Dan,
I told you four or five months ago.
Speaker 3 (31:34):
Here we are.
Speaker 4 (31:36):
Yeah, okay, Dan, thank.
Speaker 3 (31:37):
You, thank you, my friend.
Speaker 1 (31:39):
We'll talk later, all right, let's keep rolling here six one, seven, two, five,
four ten thirty six one seven, nine, three thirty. I
got to say to Paul and to Bill, you guys
had the guts to call and take this on tonight,
Uh and use it.
Speaker 3 (31:57):
Theres some credit for that. Uh.
Speaker 1 (31:58):
There's a lot of people out there sitting tonight and
they're scared. They're not calling the show. We'll be back
on Nightside after this. You're on night Side with Dan
Ray on Boston's news radio. Back to the phones we go.
Let me go to Gary and Ruber and Gary next
on night Sagara.
Speaker 3 (32:17):
Gary, you're up.
Speaker 2 (32:19):
Too deep for me, too deep on Wall Street. Stuff
like that. The last call hit the head on the nail.
Give it some time. But if obviously it doesn't work out.
His advisor to say, President, we got to do a
switch share. He says, you're right, okay, blank blank. But
one thing I want to say, because you got too
many calls, what would we rather have running this country? Trump? Obiden,
(32:40):
we only know Trump. But my question is to you, Dan,
why is everybody out there protesting against Trump? Right now?
I know about the education cutoffs and all that, right,
but my question is, were it with everybody when the
country is fallowing apart, especially with Femur Carolina and California
and so far that money was the play that with
(33:00):
no money's are why was everybody? Why was the healthier protesting?
Speaker 3 (33:04):
Because because because.
Speaker 1 (33:05):
Look the people who were protesting, the people fifty percent
of this country voted for Harris for president. It wasn't
quite fifty. It was like forty nine something, and Trump
got about fifty points something. It's we're an equally divided country.
And the Democrats were flat on their back and Donald Trump,
with this tariff situation, has allowed the Democrats to rise
(33:27):
from the ashes. Man, that's all I'm saying. That's all.
Speaker 2 (33:32):
So that's the answer. It doesn't make any sense, right.
Speaker 1 (33:35):
Well it well it makes sense to them. It's like
it's like a It's it's like a football game. You know,
you you're ahead of twenty one and nothing at halftime,
and you go out and you kick off and they
run it back for a touchdown.
Speaker 3 (33:52):
Now it's twenty one to seven.
Speaker 1 (33:54):
Uh, and then you get the ball in your half
back fumbles and they run it in and in about
two mins and it's it's twenty one fourteen, and all
of a sudden the whole momentum swings and switches, and
now you know, you're back on your heels.
Speaker 3 (34:07):
He's on his heels right now. He's talking about the
Golden age. Is the golden age?
Speaker 1 (34:11):
When you see the stock market dump ten percent billion,
you know, trillions of dollars in value, I don't, I mean,
it's crazy. I mean, did he You know, it's one
thing to say that to the American people. Look, you know,
there's gonna be a little you know, it's gonna get
a little bumpy or something like that. A little bumpy, Yeah,
(34:32):
you lose you know, one percent percent. It's like it's
like saying to some people, yeah, we may have a
little bit of a bumpy ride and the plane ends
up crashing. That's you know, it's just you know, expectations.
It's like, you know, be honest with the American people.
Talk to the American people. Don't just sit there and
go on and on and on and it's wonderful and beautiful.
(34:56):
It's the Golden Age. People don't get sick of that
rhetoric real quickly. And I'm not talking about the people
on the far left who don't like him. People in
the middle are going to say you know what, I've
had enough of this guy.
Speaker 3 (35:05):
He's a gasbag.
Speaker 2 (35:07):
I absolutely agree you should be saying it's gonna be
a rough ride the way it's going to go in
the next few months to the American people. I absolutely agree.
I don't know why he's being yourself flamboyant about it,
but I can tell by advice you would rather have
him than Biden. I thank you for your time, though.
Speaker 1 (35:22):
Thank you, thank you. You read my voice correctly. Thanks Gary. Okay,
all right, gonna go real quickly here. Now this is
gonna be kind of speak as all of a sudden
the phone lines filled up. Don in Belmont, Don, next on, Nice,
I go it.
Speaker 8 (35:33):
Ahead, O Dann, Hi, thanks thanks for taking my call.
Speaker 3 (35:38):
You're welcome.
Speaker 1 (35:39):
I want to We're all a little late here, so
I'm going to try to give everybody just a little
bit of time.
Speaker 3 (35:43):
Whatever's on your mind.
Speaker 8 (35:44):
Go okay. I want you to correct me and tell
and tell me if I'm wrong here. The time is
when the shipper lands at the dark YEP federal agent
takes the money for the tariff for the value of
the goods. The people selling the goods want their money back,
(36:07):
so when the item is in the store, the prices
are raised to get their money back. Correct, absolutely, Where
is the profit made?
Speaker 1 (36:16):
Where is the profit made? Well, the profit is made
by the government that collects the tariff from the person
that receives the goods, and then the money stays with
the with the government. That's in effect attacks that goes
(36:39):
into into the federal treasury.
Speaker 3 (36:42):
Uh. And it may do that.
Speaker 1 (36:43):
It may bring the federal federal debt down, which is
a good thing, but then that cost is going to
be passed on. So when you buy a new car,
instead of costing you fifty thousand dollars to thirty thousand dollars,
it's going to cost you five thousand and six thousand
dollars more. That's that's the money and that's going you know,
out of your pocket, you know, through through through the
(37:05):
the the car company that you buy the car from,
into the federal treasury.
Speaker 8 (37:09):
Fair enough, It's just I understand that. I understand the concept.
You know, the money's paid to the for the treasury.
Speaker 2 (37:18):
Yes, but the.
Speaker 8 (37:19):
Guy is stoling the goods, say the car or the
TV sets that come in from China. Oh, I had
to pay a tariff, so target and the work wherever.
Speaker 1 (37:28):
He passes that, he passes that on to you and me.
Speaker 8 (37:32):
Right, so we're paying that out. Yes, where is where
is the economic gain on both? The government gets their tariff,
that's it, their money in the treasury. We're out money
the consumer.
Speaker 3 (37:45):
That's it. Correct, that's it. Wow, all right, don I
gotta keep rolling here.
Speaker 1 (37:53):
Okay, thanks man, I gotta keep rolling all right, man,
thank you much, thank you much. Quickly Jeff and Whitman.
Jeff next on night Saga right ahead.
Speaker 5 (38:03):
So few quick things. One analyst was saying, with the
stock market, what we're seeing is the really big rollers
buying and selling because of all the changes in the news.
And you could see that today when China made their thing,
there was a big sell off.
Speaker 3 (38:20):
Yep.
Speaker 5 (38:20):
So you have all the hedge front guys, you have
all the big billionaires selling the money. They said. The
majority of the average guys only make up probably about
ten to maybe fifteen percent of the market. So that,
I mean it still hurts us little guys.
Speaker 1 (38:35):
Absolutely.
Speaker 5 (38:36):
Thing is the big thing with people yep. Now, the
big thing that I don't think a lot of people
talk about is almost half the country does not work.
When we were in COVID, it was the first time
we went over fifty percent of people were either on services.
Speaker 2 (38:53):
Ye.
Speaker 1 (38:54):
But you're absolutely Jeff, You're absolutely correct.
Speaker 3 (38:58):
But a lot of those people don't work.
Speaker 1 (39:00):
They still have money that they have to spend, whether
it's so security or whatever. You know, you could say
half the country doesn't work. However, there's a lot of
people who have retired, who have worked their years and
now they're in retirement and and the money that they're
gonna they're gonna lose.
Speaker 5 (39:18):
What I'm but what I'm getting at, Yeah, what I'm
getting at is that's why there's people leaning towards hands
off protesting, never mind the people that got paid to
be at hands off.
Speaker 3 (39:29):
Yeah.
Speaker 1 (39:29):
Okay, Well again, I'm not worried about the protesters. The
protesters aren't gonna are never gonna like Trump. Okay, we
know that. I'm What I'm saying is that that he's
spending political capital at a rate that it's that's unsustainable. Jeff,
Let me keep rolling here. I want to get one
more reason.
Speaker 2 (39:49):
Yep, let me give it.
Speaker 1 (39:51):
Please call early and give you more time. Okay, thank
you much. Last call of the night, Tim in North Carolina. Tim,
I got maybe thirty seconds for you. I got you
in late go ahead.
Speaker 6 (40:01):
Tim Okay.
Speaker 9 (40:03):
So I made forty thousand last year example boom. Now
I make a one hundred thousand because I got some
tip Jerry Job and the government under Bible right, and
now I'm getting laid off by Elon Musk sixty thousand
increase that I made, I invested. Guess what now I'm.
Speaker 4 (40:16):
Having to dump it.
Speaker 9 (40:17):
Therefore, they've played the economy, and they've played this dog market,
and they've played at the unemployment rate because Jeburary jobs boom.
Speaker 3 (40:25):
Game.
Speaker 4 (40:25):
Ever, there's your, there's your.
Speaker 1 (40:27):
Don't don't sell, don't don't panic, don't sell. Okay, don't
it'll come back. It'll come back, believe me.
Speaker 4 (40:35):
Okay, let's be repeat itself.
Speaker 1 (40:37):
Thanks man, History does repeat it So thanks. Thanks to
the callers who are on the line.
Speaker 3 (40:42):
Should have called earlier. Done for the night.
Speaker 1 (40:44):
Everybody, apologize, appreciate to take you the time to call,
but we're out of time. I want to thank Rob,
want to thank Marita, want to thank everyone who called,
whether he got on or off. Want to thank everyone
who listened. I'll be on Facebook. Nice that with Dan
Ray in a minute or so. All dog doll cats off,
pets go to heaven. That's Charlie ray Is, who passed
fifteen years ago in February. That's why your pets are passed.
They loved you, You love them. You'll see them again,
(41:06):
see tomorrow, see you again tomorrow night.
Speaker 3 (41:08):
On nights.
Speaker 1 (41:08):
I'd have a great Wednesday. Everybody see on Facebook in
a couple of minutes
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