January 23, 2025 • 34 mins
Everyone expects the economy to improve dramatically now that Trump is in office. But, how and how fast??? We’ll ask our economist and money wiz David Bahnsen.
Where is the money going? National Correspondent RORY O’NEILL looka at where people are putting their money in this paycheck-to-paycheck society.
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Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Hi, it's me Michael. Your morning show can be heard
on great stations across the country like Talk Radio eleven
ninety in Dallas, Fort Worth, Freedom one oh four point
seven and Washington, DC and five point fifty KFYI and Phoenix, Arizona.
We'd love to be a part of your morning routine
or take us along on the drive to work, but
as we always say, better late than never. Enjoy the podcast.
Speaker 2 (00:19):
Two three starting your morning off right, A new way
of talk, a new way of understanding because we're in
this together. This is your Morning Show with Michael O'Dell Trump.
Speaker 3 (00:35):
Quick question, could David Bonson does he think the Treasury
Secretary could help this market.
Speaker 4 (00:41):
This year go higher?
Speaker 1 (00:44):
Could the Treasury Secretary help this market go higher in
this year?
Speaker 4 (00:52):
You know?
Speaker 1 (00:52):
I have a couple other questions too that have come in,
like what's it going to take to lower the interest
rates two percent? What would bring down the cost groceries?
Will drill baby drill really bring down the cost of
gasoline and goods and services? And David Bonnsen is our
economist and money wiz who joins us every Thursday. And David,
what they all kind of point to is everyone's expecting
(01:13):
now the economy to improve and dramatically. They just don't
know when how fast. What do you make of that, Well,
I think.
Speaker 5 (01:24):
There's like a bunch of different subjects wrapped in there.
Speaker 3 (01:26):
It isn't so much one overarching economic question. Grocery prices,
interest rates, you know, the Treasury secretary's impact on the
stock market.
Speaker 5 (01:35):
Those are all sort of different things.
Speaker 3 (01:37):
I would love, honestly, Michael, that we started with the
premise that markets happen apart from politicians, right, and then
look at and then look at what politicians do to
some of these things as things that they get in
the way of. And so generally our approach is, hey,
politicians can help by getting out of the way, not
(01:57):
by wondering what politicians can do to get involved, right,
And so that's that's kind of.
Speaker 5 (02:02):
Where we're hanging.
Speaker 4 (02:03):
But that's kind of where we're headed, David, Right.
Speaker 1 (02:05):
I mean, this administration is saying we've done a lot
of really dumb things interfering. That's why the incentives for
evs is going away. That's why we're securing the border,
that's why we're going to deport these criminals.
Speaker 4 (02:16):
That's why we're going to drill baby drill so that we.
Speaker 1 (02:18):
Can fill up the reserves, lower the price of gas,
which will lower the price of goods and services using
gas to get to their destiny.
Speaker 4 (02:24):
I mean to kind of filling up.
Speaker 5 (02:26):
The reserves is not going to lower gas prices.
Speaker 3 (02:29):
It's going to provide the reserves we're supposed to have
for emergencies in the future. But there are but additional
production is in theory, is supposed to bring gas prices down.
And again they're doing the right thing, but I think
selling it the wrong way. You're not going to drill
more by allowing yourselves to drill more, okay, And what
I mean by that is we're already joying the most
(02:51):
we ever have, and yet we should be doing all
the things he's doing to get out of the way, restricting, regulating,
refusing to permit future production growth. But that has to
do with our energy independence in two years, for forty years,
six years. It's not lowering prices next month because you
(03:11):
already have oil in the seventies and they're choosing not
to produce more. So there's supplied demand issues that the
government doesn't have anything to do with. And so that's
where I want to be clear that I'm pretty much
supportive of almost everything you just said, and they need
to happen, but sometimes it need to happen for long
term well being, not a I hope my paycheck goes
(03:32):
up next month.
Speaker 5 (03:33):
I hope my grocery prices go down next month.
Speaker 3 (03:36):
And I think President Trump would absolutely love fifty dollars oil.
Speaker 5 (03:41):
But you're not going to get fifty dollars oil because
they can't.
Speaker 3 (03:44):
Most of the oil companies can't drill profitably below sixty.
Now that number has come down a lot, and Excell
and Chevron can drill profitably at forty. But what I'm
saying is that those are not things the government can control.
And yet it's absurd that the Biden mimistry gotten the way.
It's absurd that we don't have more expert export LNG
(04:05):
terminals prepared to be built.
Speaker 5 (04:08):
We've got to do all these things.
Speaker 3 (04:09):
These energy executive orders signed this week set a rhetorical
tone for a lot of things that ought to be done.
Speaker 5 (04:16):
But they're not going to move the needle next month.
Speaker 1 (04:18):
No, you said something that was very key in that
they're doing all the right things, they're just not necessarily
selling it and explaining it the right way. Do you
think that's a problem down the road in terms of
what people because these questions all speak to you, know,
what they're really begging you to say is how fast?
How fast? And the answer is fast. Isn't why you
(04:39):
would do it anyway? And it's not going to be fast,
but it's going to be right and it's going to
be there when you need it.
Speaker 3 (04:45):
Yeah, But it's a really big problem with the way
all of us, including us on the right view American
politics is that there is this messiamic view right that
it can save things, that it can go fix things.
And if you were to make a list of the
ten things government's done most wrong that have created the
biggest problems, the ten things that we're most upset about
(05:08):
in our culture right now, every one of them, every
single one of them, took decades to happen. They're all
by product of a long term problem in the culture,
in the morality, in political corruption, all of these things.
They're not going to get fixed immediately. But it's irresistible,
particularly for someone I'm sorry to say this, but I
(05:31):
hope no one is in denial, someone of the shall
we say ego President Trump. He wants to get credit
for things quickly, and so it's irresistible to say.
Speaker 5 (05:41):
We're going to bring prices down next month.
Speaker 3 (05:44):
You know, that kind of thing is normal politically, but yeah,
for me, as a kind of ideological guy, I think
it's problematic because you've got to set the expectations right.
It's why I was so upset when Elon Musk said
DOJ is going to save two trillion dollars a year.
Of course, it's not going to save two trillion a year,
and it's probably going to do something really really good.
And let's say it says two hundred billion a year,
(06:07):
that's a big deal. Let's say it exposes fraud and
corruption and embarrasses people that deserve to be embarrassed. That's
a big deal. But you're supposed to undersell and over deliver, right,
not not underdeliver because you oversold. But that's what I'm
concerned about, all right.
Speaker 1 (06:21):
David Bonson is what the Bonson Financial Group joins us
every Thursday.
Speaker 4 (06:24):
He's got money, whiz.
Speaker 1 (06:26):
Getting back to that first question, dusted out a little
bit more the role of the treasurer and what reasonably
a treasurer's impact can be in a one year two
year period of time.
Speaker 3 (06:37):
Yeah, the Treasury secretary has a very important portfolio in administration.
Speaker 5 (06:41):
Steve Minuchin was an integral part of President Trump's first term.
Speaker 3 (06:45):
Scott Bessing as one of my very favorite picks of
who he is picked here for two point zero.
Speaker 5 (06:52):
And the Treasury Secretary has an opportunity.
Speaker 3 (06:54):
To affect the dollar and its role in the world
in global trade, particularly this administration, where there's a lot
of kind of uncertainty about what their plans are on tariffs.
He has a chance to to moderate some of the
intentions and execute in a more efficient way. He can't
go wave a wand and make the stock market go up.
(07:15):
He can't make a company like Nvidia go from trading
at eighty times earnings to one hundred times earnings. You
know that you don't want them trying to blow a
bubble bigger. You don't want them trying to burst a bubble.
They shouldn't be impacting the stock market directly. Yet, the
things related to currency, trade, interest rates, those types.
Speaker 5 (07:35):
Of things, I think they have a lot to do
with investment. Is a global macro whiz. It's what he
spent his years doing.
Speaker 3 (07:42):
It's what he's made hundreds of millions of dollars personally doing.
And I think he brings an intellectual approach to Treasury
that is rooted in an understanding of free enterprise and
not if a Treasure secretary has had that.
Speaker 5 (07:54):
Some were great business some were great businessmen.
Speaker 3 (07:56):
You know, Janet Yellen are current, our former now Chasey
secretary was a smart woman in terms of being an academic,
but she had no idea how markets work.
Speaker 1 (08:07):
No idea. I want to backtrack. I want to backtrack
to tariffs just for a second, you know. I Yeah,
having read art of the deal, having watched Donald trump
uh documentaries on his business life, and having watched his
first term, it sure screams of a negotiation tactic more
(08:28):
than a planned tariff. How's the market seeing this? I
mean uncertain He's never good, But I don't see uncertainly.
Obviously obviously markets agree with you, Michael, no question.
Speaker 3 (08:40):
And I think that sort of almost bothers Trump a
little bit, because it's the negotiation works a little better
if not everyone knows it's But but there's nobody in
the markets who actually think he's going to go put
unilateral and universal tariffs on on ally nations.
Speaker 5 (08:58):
And yet he has tried to throw that out there
a little bit.
Speaker 3 (09:01):
But I do believe Mexico and Canada think he would
or could do it, And yet it will very very very.
Speaker 5 (09:08):
Unlikely to happen.
Speaker 3 (09:09):
This is what markets believe because to your point, I
think it will go about bringing a negotiated process. Now
that's Mexico and Canada, and what he's trying to get
out of them doesn't appear to be trade related.
Speaker 5 (09:21):
He's not saying I'm so mad at you guys.
Speaker 3 (09:23):
We're manufacturing all this stuff with you and you're not
buying enough, you know, widgets from us. What he's saying
with them is you need to help us with a border,
You need to help us with fentanyl, you need to
help us with immigration. Okay, Well that I think he's
going to be successful in across the board, and markets
don't think tariffs are coming. The whole issue is China,
and I just think it's absolutely fascinating that you and
I are sitting here talking. Three days in the administration,
(09:44):
he signed forty five executive orders. The press is just
covered over and over again when it's almost seemed not
so much chaotic but certainly a very very high volume
of activity, not a single thing on tariffs.
Speaker 5 (09:57):
And that's on purpose.
Speaker 3 (09:58):
Because I think he came in realizing I want to
deal with China. Let's spend the first quarter trying to
set the table here in the second quarter getting a deal.
And that's where a lot of this stuff on him.
Basically wanted to bend the way law works. On TikTok,
It's where a lot of the thing works. Of the
nice things he's saying about President g him job owning
at Russia on Twitter and saying We're going to have
(10:20):
to throw sanctions at some of your trading partners.
Speaker 5 (10:23):
Well, who's he talking about there? He's talking about China.
Speaker 3 (10:27):
I think he's trying to use China to bring an
end to Russia Ukraine, and I think he's trying to
get a deal with China that will never result in
these big tariffs going higher.
Speaker 5 (10:34):
That's my deal.
Speaker 1 (10:35):
There is one China related issue to the border, and
that is the manufacturing of electric vehicles, and we're talking
about very affordable, cheap evs made by China in Mexico
with the plan of flooding the US market. That could
be directly related, But by and large, I love the
other insights. I always like when I talk to somebody
(10:58):
really smart to do that, and it sounds like a
really weak thing to do, But I just want to
see where your brain goes. What is the one or
two things that you're really focused on that the media,
maybe even the administration and the average person isn't even
thinking about, isn't even on their radar, And it's probably
(11:18):
the biggest gauge you've got your eye on. Help us
see it through your expertise.
Speaker 5 (11:24):
Well, I think what.
Speaker 3 (11:25):
I would say is that in the tax cut bill,
which plenty of people are focused on, but they're thinking
about the wrong way.
Speaker 5 (11:31):
Everyone's sort of thinking when is the bill going to
get done?
Speaker 3 (11:33):
And that now some people are a little more politically
connected or saying is it going to be one reconciliation
bill or is it going to be two? That's all
fair enough, but I'm looking at it as the way
that deficit gets set, the way they budget for a deficit,
that dictates how big of tax cuts they can do.
And once I see the rules of how they set
the reconciliation, I'm going to know how big of a
(11:56):
canvas they get to paint on, and then yeah, I.
Speaker 5 (12:00):
Need it done. We want it done.
Speaker 3 (12:02):
Everybody who supports President Trump should want it done sooner
than later. And I think most of his advisors are
telling him that. There are some people telling him, no,
let's just do a second bill.
Speaker 5 (12:12):
Later in the year.
Speaker 3 (12:13):
It's not a good idea, but it's going to unfold
the way it's going to unfold. But everyone knows, no
tax on tips he has to get done. Everyone wants
to extend the old tax cuts. All of that needs
to happen. I'm for it. It's fine, but it is
not the biggest thing for the economy. He didn't campaign
on one hundred percent business expensing. But if he does it,
that's supply side, that's Reaganite. That moves the needle, and
(12:36):
they might get things done in the tax bill that
didn't we weren't promised in the campaign that are going
to be a bigger deal than things that were.
Speaker 1 (12:45):
Promised in the campaign. That's what I'm keeping my eyes on.
Final question, kind of full circle. So if everybody that's anxious,
when will America actually see and feel a difference in
terms of cost of living and how things are going
economically in their life. It's almost an apostles right now.
We don't know what the circumstance of each individual is either.
Speaker 5 (13:06):
But well, that's exactly right. And I'm sorry because I'm
not I said, everyone can't tell I'm not exactly a
Biden supporter. I was a huge critic of Biden.
Speaker 3 (13:16):
I wrote an absolutely eviscerating article for World magazine this
week about the Biden economic legacy.
Speaker 5 (13:22):
But you know, Michael, let's be honest.
Speaker 3 (13:24):
Do you think most people feel that their lives are
worse than a few years ago. The problem is that
it's very different income by income. Okay, I'm obviously in
a very different income and wealth bracket. I'm not worse
off than it was four years ago. But that's nothing
to do with Joe Biden. But then the people who
are worse off when you talk about grocery prices or whatnot,
it's different in terms of what affects it. Wages are
(13:48):
not going to grow a lot more than they were,
because wages have been growing. Okay, the problem with prices,
and I think the problem to me, as I've talked
to you about on your show over and over, is
not what's happening in the last year or four. It's
what's happened over the last twenty five years debt to GDP,
and do I think President Trump is likely to lower
(14:09):
the debt to GDP. I think it's going to be hard.
I don't think he's super committed to it. But I
will tell you he's brought some people in who are
who are that is?
Speaker 5 (14:18):
Kevin Hassett, is Elon musk Is. So that isn't going
to affect people's quality life next month.
Speaker 3 (14:24):
Anyone asks him the question, that's the thing that's really hard,
And I'm sorry to not give a ferm answer, but
at least I'm giving an honest one.
Speaker 5 (14:30):
At a macro level, big picture with.
Speaker 3 (14:33):
Economic data, then I think you can see an impact
this year in things they do. But on a micro level,
nobody should ever be wondering when is Washington going to
make my vice better? They should wake up and say
when am I going to make my vice better?
Speaker 1 (14:49):
Cherish our time together, and I know the listeners feel
the same way. David Bonson for the Bonson Financial Group.
We'll talk again next Thursday. God bless you, my friend.
Speaker 5 (14:57):
Thank you, my friend.
Speaker 2 (14:59):
It's your morning show with Michael del Chino.
Speaker 4 (15:03):
Roger that I played a tennis please pparer in the.
Speaker 5 (15:04):
Cabin for departure.
Speaker 1 (15:06):
By the way, speaking of United US Airways flight fifteen
forty nine, I usually do cactus. Yes, I think that's
from flight with Denzel Washington. But US air fifteen forty
nine was a Sully's plane that landed in the Hudson
River and everyone survived. Sully is seventy four years old today.
Speaker 4 (15:25):
I'll never forget.
Speaker 1 (15:26):
My dad used to always say, you know, doing birthdays.
One time my brother called cracking up. I was living
in a different city and he goes, your father just
wished a happy birthday to eight off Hitler Ate, off
Hitler board.
Speaker 4 (15:38):
On this day.
Speaker 1 (15:39):
Should I have not put Tanya Harding in the birthday list?
Speaker 4 (15:42):
No, everybody little candle list.
Speaker 1 (15:45):
But Tanya Harding is fifty three years old today, and
Wendy Lyon is twenty one and holding the wife of Jeffrey,
and our lips are our field on her age right.
Speaker 3 (15:57):
I'm Joe Big in Tampa and Morrow Morning show is
your Morning Show with Michael del Jorono.
Speaker 6 (16:09):
Hi.
Speaker 1 (16:09):
I'm Michael del Jorno and your Morning Show can be
heard live as it's happening five to eight am Central
and six to nine Eastern on Great stations. Like six
point twenty WJDX and Jackson, Mississippi, or akrons, News Talk
six forty w HLO and Akron, Ohio and News Radio
five seventy WDAK and Columbus, Georgia. Love to be a
part of your morning routine. But we're glad you're here now.
(16:31):
Enjoyed the podcast. By the way, we got a big,
big fight during your local news and traffic and weather
break because I noticed you were playing Peter Gabriel Sledgehammer.
Speaker 4 (16:40):
That songs filthy. I don't want that on my show.
Have you heard half of the bids that we play. No,
I don't know them, but I know Sledgehammer. And then
they're argument.
Speaker 1 (16:48):
I'm having an argument with a fellow born again Christian
over whether what Sledgehammer's about. I think it's pretty obvious,
you know, kind of like Eagles is spelled eg l
e s.
Speaker 4 (16:59):
It's pretty opt that one.
Speaker 5 (17:01):
Before today, haven't we.
Speaker 1 (17:02):
The mayor of Philadelphia leading Eagles fans in a chant, Well.
Speaker 7 (17:06):
Listen, we've got to do this.
Speaker 3 (17:08):
Let me hear you all saying me ow ge mes me.
Speaker 1 (17:15):
No, go birds b r d s go birds.
Speaker 4 (17:21):
And she was an English teacher before she was married.
Speaker 1 (17:24):
What you said, yeah, but then you know I'm being
I'm on my I'm seriously sitting high on the saddle
of my big white horse over Peter Gabriel and then
he brings up, what do you think Whitney's talking about?
And be my baby tonight said that's different.
Speaker 5 (17:42):
I'm not sure.
Speaker 4 (17:43):
I don't think you should be taking the advice by
the interview her bodyguard. Next week find what woman is?
Speaker 5 (17:48):
That was just complete local racial.
Speaker 1 (17:56):
Sounds of the day. I could really stop it to today,
and I might if the timing is right. Otherwise I'll
continue to stall. No, I'm kidding.
Speaker 4 (18:08):
It's how remember yesterday I.
Speaker 1 (18:10):
Went through my big eloquent monologue about how things have
changed so fast that suddenly it's as if we just
stopped playing the political correct game and it ended it.
And I brought up the line from the movie Based
on Fox where Roger Rails is trying to go back
(18:34):
to talk to his staff and remind them that he
made their lives in careers. He didn't hurt it, and
Rupert Murdoch turns him and says.
Speaker 4 (18:43):
There's just no audience for that anymore.
Speaker 1 (18:45):
Raja, look, anytime I can what was the name of
that movie again, Why am I blank on it? It's
Andrea's ultimate comfort movie. I gotta start taking that vitamin
for your brain or hydrating one or the other. No,
(19:07):
not fish fish oil is not the name of the movie. No,
but it's good for your brain. Thank God for Google.
Right movie about Fox News every bombshell, thank you, and
he's how you work in bombshell. I'd like to do it,
but yeah, Roger Eiels turns me because it does just
no audience for that narrative anymore.
Speaker 5 (19:27):
Raga.
Speaker 1 (19:28):
That's kind of our theme for Sounds of the Day.
So yeah, you can. You could take a cheap shot
at uh Jim Acosta and and and perhaps the cheap
shot would be, well, here's a great example of why.
Speaker 4 (19:43):
They're moving him to overnights.
Speaker 1 (19:45):
But here he is having an interview, and listen how
he's talking. And again he's still trapped in his agenda
and his narrative and there's simply no audience for anymore.
Listen to how it sounds.
Speaker 4 (20:00):
Ask you a question for you.
Speaker 5 (20:01):
Is President Trump responsible?
Speaker 8 (20:03):
Is he responsible if some of these offenders re offend?
What happens if one of the oathkeepers of the Proud
Boys goes out there and hurts somebody, isn't and they
were involved on January sixth, and we're put in prison
and Donald Trump released them. Isn't he then responsible for that?
Isn't he responsible? If somebody gets hurt? I would say, if.
Speaker 5 (20:23):
They are Trump appointed judges, they will go to jail.
Speaker 9 (20:26):
But if they're Joe Biden appointed judges or Soros backed thea's,
they'll probably.
Speaker 4 (20:30):
Walk all right.
Speaker 1 (20:32):
So I mean, it's obviously it's a legitimate you know,
if you want to go there, But how do you
ignore the question of, you know, what Joe Biden just
did to protect his family or Fauci and all the
lives impacted by that, And of course now you can't
get them unless they commit a crime today forward And
(20:55):
he goes.
Speaker 4 (20:55):
Back to Proud Boys.
Speaker 1 (20:58):
Why do I say that, Well, here's a montage that's
circulating online, and you can answer this question to me,
do you think? And it's seeing an MSNBC that is
dead and is really trying to reinvent itself. Here's how
they handled the pardoning of family that never happened with
Donald Trump. They created the straw man, they created the speculation.
(21:22):
Here's how they handled in their interviews, and you tell
me if you've been seeing this over the last forty
eight hours with Joe Biden doing the exact same thing.
Speaker 4 (21:30):
Listen, have you ever.
Speaker 10 (21:31):
Heard of somebody getting a preemptive pardon who was innocent.
Speaker 5 (21:35):
Of all crime?
Speaker 4 (21:36):
Adam Ships which just an innocent person? Have you ever
heard of that?
Speaker 3 (21:39):
Just somebody getting a blanket pardon and they're.
Speaker 5 (21:41):
An innocent person. But no, it's the president's own family.
Speaker 1 (21:46):
It's people that have been covering up from the president
in addition to his own family.
Speaker 9 (21:51):
Is there an innocent explanation?
Speaker 4 (21:54):
Neither way.
Speaker 6 (21:54):
Anytime you can warnk Brian Williams and his estamed colleague
and to the conversation, this is the guy that was
drunk describing dead bodies in the French Quarter after Katrina.
Speaker 9 (22:08):
That didn't exist for someone to seek preemptive pardons for
family members. Would you do that if you knew you
were innocent and just worried about outside forces?
Speaker 4 (22:22):
The answer to that is going to be no.
Speaker 9 (22:26):
If you haven't done anything wrong, you sit there and go,
what do you need a preemptive pardon?
Speaker 1 (22:30):
This is a former lead prosecutor and special counsel Andrew Weisman,
which I way would be fun to get him on
a show today and ask him the same question about
the Biden and see if he answers it different word.
Speaker 8 (22:39):
If he pardons people preemptively, he's essentially telling the public
that these people have committed crimes.
Speaker 4 (22:45):
All right, So what are you getting here?
Speaker 1 (22:47):
You're getting an example of people, Acosta, you know, trying
to play the old game that there's no audience for.
And if you think this is just an American phenomenon,
it's just like all of a sudden, political correctness has died.
Speaker 4 (23:00):
Reware. Maybe we are the leader of the free world.
Speaker 1 (23:04):
Here's how a Toronto news anchor handled his interview.
Speaker 4 (23:09):
Tell me what you hear first day on the job.
Speaker 11 (23:11):
President Trump's sign an executive order. You know, the US
government only recognizing two genders male female.
Speaker 4 (23:18):
They're unchangeable. You know, if elected as.
Speaker 11 (23:20):
Prime minister, is that something that you're going to kind
of walk in line with or what are your feelings
on that executive order?
Speaker 12 (23:26):
Well, I don't know, do you have any other genders
that you'd like to name?
Speaker 4 (23:33):
Me personally?
Speaker 11 (23:35):
I'm just asking more so if you're in line with
what he is saying, do you agree with what he's saying,
is that something that you would be lockstep with if
elected as prime minister?
Speaker 12 (23:45):
Well, I'm not aware of any other genders than men
and women. I mean, if you have any other you
want me to consider.
Speaker 1 (23:51):
This is Canada, so I mean, I know self evident
truth doesn't necessarily apply as it does to America. But
whether it's common and sense self evident truth or a
reawakening just suddenly playing this game that was forced down
our throat, that doesn't make any sense. It just stopped.
Here's a guy running for prime minister in Canada. He's
being drilled over and over again. The anchor doesn't know
(24:13):
what to do or say. You're you're not gonna acknowledge
there's more than two genders, and the and the and
the and the candidate just keeps saying, oh and.
Speaker 4 (24:20):
Over again, I'm not aware of any other gender than
male or female.
Speaker 1 (24:23):
David So he took us through a great history lesson yesterday,
going back to old dictionaries and really right up until
you get a few decades ago. They were they were
one and the same sex and gender, and there's only two,
as the creation story lays out, I might add, but
watch this anchor trying and all he could think of
(24:45):
is Rupert Murdoch and bombshell. There's just no audience for
that narrative any longer.
Speaker 4 (24:53):
ROGA, You're welcome to tell me right now.
Speaker 11 (24:55):
Well, there's well there's personally, I am a man. I
am an Okay, let's.
Speaker 4 (25:00):
Say it's this man.
Speaker 11 (25:01):
There are there are people there who you know, they
say they're neutral, you're a man. Yes, there are people
there who say they're some gender neutral. Yeah, they say
they're gender neutral. Uh, they're you know, they're there are
a trans person? Wait for the response, asked something that
you would recognize here, Whereas in the States, at least
with their US government the way they're seeing it, there's
(25:22):
only two.
Speaker 4 (25:24):
I'm only aware of two.
Speaker 12 (25:25):
But I mean if you have, if you come up
with another list, then you're welcome to do that.
Speaker 4 (25:31):
But I'm aware of too.
Speaker 12 (25:32):
And as far as I'm concerned, we should have a
government that just minds its own damn business and leaves
people alone.
Speaker 4 (25:39):
I mean, it's just funny.
Speaker 1 (25:41):
How you know what happened, didn't I mean, it all
happened so gradually, you know, it's like that scene in
Bronx Tail. Well, first day I asked you to leave.
Now you can't, and they locked the door and they
know they're about to get their butt swopped. So that's
kind of how it was a political reckness.
Speaker 5 (26:00):
You know.
Speaker 1 (26:00):
First it was out there and it was asking for
you to be tolerant. Then when you were tolerant, it
was asking for you to accept, and then when you accepted,
they were asking for you to validate. Then it kind
of went crazy into you either had to be it
or you were part of the problem, you know. So
it all happened so gradually, and then it all left
so quickly. I find that fascinating. As we know, our
(26:23):
final sign of the day, Sean got the big set
down with Donald Trump at the Oval Office, and there's
been a little bit made of this. Donald Trump kind
of shutting down Sean Hannity with three words. Sean goes
off at his laundry list about Biden, and then Trump
just kind of interrupts rather mercifully, rather graciously, rather kindly.
Speaker 4 (26:45):
Listen.
Speaker 13 (26:45):
It's really hard to say that they shouldn't have to
go through it.
Speaker 5 (26:48):
Also, it was very hard to.
Speaker 13 (26:50):
Say that if Joe Biden, remember this, Joe Biden got
very bad advice, because like he has in everything. He
got bad advice in Ukraine, he got bad advice that
war should have never started.
Speaker 5 (27:03):
He got bad advice on Israel.
Speaker 13 (27:06):
He got bad advice on the way he got out
of Afghanistan.
Speaker 5 (27:08):
We should have gotten out with strength.
Speaker 13 (27:10):
And dignity, not not like a bunch of losers. Joe
Biden has very bad advisors. Somebody advised Joe Biden to
get pardons to everybody but him.
Speaker 5 (27:24):
They wanted to take care of me.
Speaker 2 (27:25):
He was young.
Speaker 5 (27:26):
They wanted to.
Speaker 13 (27:27):
I don't care that this is more important because right
now the economy is.
Speaker 5 (27:31):
Going to do great. I'm here.
Speaker 13 (27:33):
But you have to understand he had bad advisors on
almost everything. It's like in the old days when the
Secretary of State said he never made a correct decision
on foreign policy.
Speaker 5 (27:44):
Joe Biden got very bad advice.
Speaker 1 (27:47):
Well, and again, time will tell. As we've said, Joe
Biden leaves office rated the worst president in history. Time
will not be kind to him. It'll be proven he
wasn't Even presidents don't know what was bad advice or
people were doing things he was completely unaware of. There's
just no telling in that cognitive state. That's just a
(28:08):
clip from the interview with Donald Trump. By the way,
mem of the Day hands down yesterday, fancy picture of
Fauci and it says nothing says trust the science quite
like a blanket preemptive pardon that he was too glad
to acre and everybody.
Speaker 5 (28:25):
I'm not joking.
Speaker 14 (28:26):
I don't think we should be taking the advice from
a group of people who can't define what a woman is.
Speaker 5 (28:32):
That was just complete a racial.
Speaker 1 (28:39):
Not your Sounds of the Day.
Speaker 2 (28:42):
This is your Morning Show with Michael del Chuna.
Speaker 1 (28:46):
Pentagon is setting an additional fifteen hundred active duty troops
to our southern board, according to multiple reports.
Speaker 4 (28:51):
A US official confirmed the news.
Speaker 15 (28:53):
That's on top of the twenty five hundred service members
already at the border ordered there by the Biden administer stration.
These additional service members will deploy across the border by
the end of the month.
Speaker 4 (29:05):
I'm Brian Shug.
Speaker 1 (29:06):
Some federal workers are getting big news now that Donald
Trump's back in office.
Speaker 4 (29:09):
Lisa Taylor reports.
Speaker 16 (29:11):
President Trump is ordering all federal employees in diversity, equity
and inclusion roles to be placed on leave. More from
Kelly O'Donnell.
Speaker 10 (29:18):
This is a sweeping effort to try to remake how
the federal government treats these issue of diversity, equity, and inclusion,
and so these employees whose work has been primarily focused
in these areas across the federal government will be paid
for some period of time on administrative leave, but the
work they're doing.
Speaker 16 (29:35):
And White House Press Secretary Caroline Levitt called the move
a win for Americans, calling DEI programs a scourge on society.
Speaker 5 (29:43):
I'm Lisa Taylor.
Speaker 1 (29:44):
The answer to weight loss and health was sparkling right
in front of our eyes.
Speaker 14 (29:52):
The carbon dioxide in sparkling water can cause a process
that boosts how much glucose the body uses, meaning less
sugar is left behind is fat. That's according to a
study out of Japan. It also points out, however, that
sparkling water can cause or exacerbate conditions like reflux, disease
or irritable bowel syndrome.
Speaker 4 (30:12):
I'm Michael Cass. That's your top five stories of the day.
Speaker 1 (30:15):
Got an email from Karen saying, what was the name
of the guy, the Canadian prime minister candidate in that clip?
Pierre poly A, right, polyve poil Eva. Well, actually, Rory,
do you speak you speak French, don't you?
Speaker 4 (30:30):
Nope?
Speaker 1 (30:31):
Oh no, all right, then we're gonna go with Polly Bay.
Where is the money going? I've been fascinated in dying
to hear this report of yours. So America is perceived
as living paycheck to paycheck in society.
Speaker 4 (30:42):
Well where are they putting their money? Well, it's not
in savings, that's for sure.
Speaker 7 (30:47):
Actually, this bank great report out this morning finds that
only forty one percent of us could afford a one
thousand dollars emergency like the car broke down or suddenly
you got to go to the doctor. A thousand bucks,
that's it, and only four twenty one percent can make
that payment in their savings. The rest probably have to
put it on plastic or go into further debt in
(31:08):
order to make that. And they say inflation. The persistent
results of inflation that while the numbers are improving, the
higher costs are still there and paychecks haven't kept up.
Especially then when it comes to things like your auto
insurance or the rent, those are the bills that continue
to swamp American consumers.
Speaker 1 (31:26):
So some people, of course who own homes, and their
homes have appreciated a very high rate, have been using
that home value to offset and borrow from to cover
high cost of living. Those without it simply don't have it.
You know, the old rule of thumb. First, my first
ten percent goes to tithing and I never break that promise.
(31:46):
Learned that lesson a long time ago. But what was
the other one? It was five percent? I think for
short term savings, what you're talking about a reserve account
twenty percent, twenty percent For your retirements.
Speaker 7 (32:04):
You need six months of costs socked away. So whatever
it costs you to live a month, multiply that by
six and have that amount tucked away is the goal
for your emergency fund. So that is an audacious goal
for a lot of Americans think to have six months savings.
But that's the way they feel that you could be
most comfortable because we've also got as much as we
(32:25):
were spoiled with low interest rates for a long time,
we have recently been more spoiled with low unemployment and
the fact that if you want a job, you can
get one right now pretty much anywhere, and.
Speaker 4 (32:36):
That can change on a dime.
Speaker 1 (32:38):
So I know this is probably not in the in
the bank rate yep survey, but you know the notion
that you know, if let's say, if your bills come
to seven thousand dollars a month. What you're suggesting is
you ought to have a reserve savings account of fifty grand.
Speaker 4 (32:52):
All right, Well, obviously that's gone. But I mean the
notion is.
Speaker 1 (32:55):
That they can't afford a one thousand dollars you know,
air conditioning repair bill. So obviously that forty to fifty
grand isn't there. And then you wonder how much people
have tapped into four oh one k's or with he
locks the home value. You wonder because this has been
going on for quite a bit. It's been going on
for a long time that America has been living paycheck
to paycheck, even before the Biden four years. So you know,
(33:18):
you wonder what the next step is. Well, right, and
not a lot of it's a net under them, right.
Speaker 7 (33:24):
We saw all through COVID that Americans just keep on spending.
You know, the credit card debt nationally now tops one
trillion dollars with a tea even though indust rates are
getting higher or had been. So it's yeah, we are
in a bad place because we live beyond our means
and we don't have a culture of saving in this country.
Speaker 1 (33:43):
Kind of like our government. All right, broy great reporting today.
I was fascinated by that one. I want to see
where it was going, and where it's going is on stuff,
but certainly not savings.
Speaker 2 (33:53):
We're all in this together. This is Your Morning Show
with Michaelden, Hill Jo and
Speaker 6 (33:58):
No I ad to the s
Hi, it's me Michael. Your morning show can be heard
on great stations across the country like Talk Radio eleven
ninety in Dallas, Fort Worth, Freedom one oh four point
seven and Washington, DC and five point fifty KFYI and Phoenix, Arizona.
We'd love to be a part of your morning routine
or take us along on the drive to work, but
as we always say, better late than never. Enjoy the podcast.
Speaker 2 (00:19):
Two three starting your morning off right, A new way
of talk, a new way of understanding because we're in
this together. This is your Morning Show with Michael O'Dell Trump.
Speaker 3 (00:35):
Quick question, could David Bonson does he think the Treasury
Secretary could help this market.
Speaker 4 (00:41):
This year go higher?
Speaker 1 (00:44):
Could the Treasury Secretary help this market go higher in
this year?
Speaker 4 (00:52):
You know?
Speaker 1 (00:52):
I have a couple other questions too that have come in,
like what's it going to take to lower the interest
rates two percent? What would bring down the cost groceries?
Will drill baby drill really bring down the cost of
gasoline and goods and services? And David Bonnsen is our
economist and money wiz who joins us every Thursday. And David,
what they all kind of point to is everyone's expecting
(01:13):
now the economy to improve and dramatically. They just don't
know when how fast. What do you make of that, Well,
I think.
Speaker 5 (01:24):
There's like a bunch of different subjects wrapped in there.
Speaker 3 (01:26):
It isn't so much one overarching economic question. Grocery prices,
interest rates, you know, the Treasury secretary's impact on the
stock market.
Speaker 5 (01:35):
Those are all sort of different things.
Speaker 3 (01:37):
I would love, honestly, Michael, that we started with the
premise that markets happen apart from politicians, right, and then
look at and then look at what politicians do to
some of these things as things that they get in
the way of. And so generally our approach is, hey,
politicians can help by getting out of the way, not
(01:57):
by wondering what politicians can do to get involved, right,
And so that's that's kind of.
Speaker 5 (02:02):
Where we're hanging.
Speaker 4 (02:03):
But that's kind of where we're headed, David, Right.
Speaker 1 (02:05):
I mean, this administration is saying we've done a lot
of really dumb things interfering. That's why the incentives for
evs is going away. That's why we're securing the border,
that's why we're going to deport these criminals.
Speaker 4 (02:16):
That's why we're going to drill baby drill so that we.
Speaker 1 (02:18):
Can fill up the reserves, lower the price of gas,
which will lower the price of goods and services using
gas to get to their destiny.
Speaker 4 (02:24):
I mean to kind of filling up.
Speaker 5 (02:26):
The reserves is not going to lower gas prices.
Speaker 3 (02:29):
It's going to provide the reserves we're supposed to have
for emergencies in the future. But there are but additional
production is in theory, is supposed to bring gas prices down.
And again they're doing the right thing, but I think
selling it the wrong way. You're not going to drill
more by allowing yourselves to drill more, okay, And what
I mean by that is we're already joying the most
(02:51):
we ever have, and yet we should be doing all
the things he's doing to get out of the way, restricting, regulating,
refusing to permit future production growth. But that has to
do with our energy independence in two years, for forty years,
six years. It's not lowering prices next month because you
(03:11):
already have oil in the seventies and they're choosing not
to produce more. So there's supplied demand issues that the
government doesn't have anything to do with. And so that's
where I want to be clear that I'm pretty much
supportive of almost everything you just said, and they need
to happen, but sometimes it need to happen for long
term well being, not a I hope my paycheck goes
(03:32):
up next month.
Speaker 5 (03:33):
I hope my grocery prices go down next month.
Speaker 3 (03:36):
And I think President Trump would absolutely love fifty dollars oil.
Speaker 5 (03:41):
But you're not going to get fifty dollars oil because
they can't.
Speaker 3 (03:44):
Most of the oil companies can't drill profitably below sixty.
Now that number has come down a lot, and Excell
and Chevron can drill profitably at forty. But what I'm
saying is that those are not things the government can control.
And yet it's absurd that the Biden mimistry gotten the way.
It's absurd that we don't have more expert export LNG
(04:05):
terminals prepared to be built.
Speaker 5 (04:08):
We've got to do all these things.
Speaker 3 (04:09):
These energy executive orders signed this week set a rhetorical
tone for a lot of things that ought to be done.
Speaker 5 (04:16):
But they're not going to move the needle next month.
Speaker 1 (04:18):
No, you said something that was very key in that
they're doing all the right things, they're just not necessarily
selling it and explaining it the right way. Do you
think that's a problem down the road in terms of
what people because these questions all speak to you, know,
what they're really begging you to say is how fast?
How fast? And the answer is fast. Isn't why you
(04:39):
would do it anyway? And it's not going to be fast,
but it's going to be right and it's going to
be there when you need it.
Speaker 3 (04:45):
Yeah, But it's a really big problem with the way
all of us, including us on the right view American
politics is that there is this messiamic view right that
it can save things, that it can go fix things.
And if you were to make a list of the
ten things government's done most wrong that have created the
biggest problems, the ten things that we're most upset about
(05:08):
in our culture right now, every one of them, every
single one of them, took decades to happen. They're all
by product of a long term problem in the culture,
in the morality, in political corruption, all of these things.
They're not going to get fixed immediately. But it's irresistible,
particularly for someone I'm sorry to say this, but I
(05:31):
hope no one is in denial, someone of the shall
we say ego President Trump. He wants to get credit
for things quickly, and so it's irresistible to say.
Speaker 5 (05:41):
We're going to bring prices down next month.
Speaker 3 (05:44):
You know, that kind of thing is normal politically, but yeah,
for me, as a kind of ideological guy, I think
it's problematic because you've got to set the expectations right.
It's why I was so upset when Elon Musk said
DOJ is going to save two trillion dollars a year.
Of course, it's not going to save two trillion a year,
and it's probably going to do something really really good.
And let's say it says two hundred billion a year,
(06:07):
that's a big deal. Let's say it exposes fraud and
corruption and embarrasses people that deserve to be embarrassed. That's
a big deal. But you're supposed to undersell and over deliver, right,
not not underdeliver because you oversold. But that's what I'm
concerned about, all right.
Speaker 1 (06:21):
David Bonson is what the Bonson Financial Group joins us
every Thursday.
Speaker 4 (06:24):
He's got money, whiz.
Speaker 1 (06:26):
Getting back to that first question, dusted out a little
bit more the role of the treasurer and what reasonably
a treasurer's impact can be in a one year two
year period of time.
Speaker 3 (06:37):
Yeah, the Treasury secretary has a very important portfolio in administration.
Speaker 5 (06:41):
Steve Minuchin was an integral part of President Trump's first term.
Speaker 3 (06:45):
Scott Bessing as one of my very favorite picks of
who he is picked here for two point zero.
Speaker 5 (06:52):
And the Treasury Secretary has an opportunity.
Speaker 3 (06:54):
To affect the dollar and its role in the world
in global trade, particularly this administration, where there's a lot
of kind of uncertainty about what their plans are on tariffs.
He has a chance to to moderate some of the
intentions and execute in a more efficient way. He can't
go wave a wand and make the stock market go up.
(07:15):
He can't make a company like Nvidia go from trading
at eighty times earnings to one hundred times earnings. You
know that you don't want them trying to blow a
bubble bigger. You don't want them trying to burst a bubble.
They shouldn't be impacting the stock market directly. Yet, the
things related to currency, trade, interest rates, those types.
Speaker 5 (07:35):
Of things, I think they have a lot to do
with investment. Is a global macro whiz. It's what he
spent his years doing.
Speaker 3 (07:42):
It's what he's made hundreds of millions of dollars personally doing.
And I think he brings an intellectual approach to Treasury
that is rooted in an understanding of free enterprise and
not if a Treasure secretary has had that.
Speaker 5 (07:54):
Some were great business some were great businessmen.
Speaker 3 (07:56):
You know, Janet Yellen are current, our former now Chasey
secretary was a smart woman in terms of being an academic,
but she had no idea how markets work.
Speaker 1 (08:07):
No idea. I want to backtrack. I want to backtrack
to tariffs just for a second, you know. I Yeah,
having read art of the deal, having watched Donald trump
uh documentaries on his business life, and having watched his
first term, it sure screams of a negotiation tactic more
(08:28):
than a planned tariff. How's the market seeing this? I
mean uncertain He's never good, But I don't see uncertainly.
Obviously obviously markets agree with you, Michael, no question.
Speaker 3 (08:40):
And I think that sort of almost bothers Trump a
little bit, because it's the negotiation works a little better
if not everyone knows it's But but there's nobody in
the markets who actually think he's going to go put
unilateral and universal tariffs on on ally nations.
Speaker 5 (08:58):
And yet he has tried to throw that out there
a little bit.
Speaker 3 (09:01):
But I do believe Mexico and Canada think he would
or could do it, And yet it will very very very.
Speaker 5 (09:08):
Unlikely to happen.
Speaker 3 (09:09):
This is what markets believe because to your point, I
think it will go about bringing a negotiated process. Now
that's Mexico and Canada, and what he's trying to get
out of them doesn't appear to be trade related.
Speaker 5 (09:21):
He's not saying I'm so mad at you guys.
Speaker 3 (09:23):
We're manufacturing all this stuff with you and you're not
buying enough, you know, widgets from us. What he's saying
with them is you need to help us with a border,
You need to help us with fentanyl, you need to
help us with immigration. Okay, Well that I think he's
going to be successful in across the board, and markets
don't think tariffs are coming. The whole issue is China,
and I just think it's absolutely fascinating that you and
I are sitting here talking. Three days in the administration,
(09:44):
he signed forty five executive orders. The press is just
covered over and over again when it's almost seemed not
so much chaotic but certainly a very very high volume
of activity, not a single thing on tariffs.
Speaker 5 (09:57):
And that's on purpose.
Speaker 3 (09:58):
Because I think he came in realizing I want to
deal with China. Let's spend the first quarter trying to
set the table here in the second quarter getting a deal.
And that's where a lot of this stuff on him.
Basically wanted to bend the way law works. On TikTok,
It's where a lot of the thing works. Of the
nice things he's saying about President g him job owning
at Russia on Twitter and saying We're going to have
(10:20):
to throw sanctions at some of your trading partners.
Speaker 5 (10:23):
Well, who's he talking about there? He's talking about China.
Speaker 3 (10:27):
I think he's trying to use China to bring an
end to Russia Ukraine, and I think he's trying to
get a deal with China that will never result in
these big tariffs going higher.
Speaker 5 (10:34):
That's my deal.
Speaker 1 (10:35):
There is one China related issue to the border, and
that is the manufacturing of electric vehicles, and we're talking
about very affordable, cheap evs made by China in Mexico
with the plan of flooding the US market. That could
be directly related, But by and large, I love the
other insights. I always like when I talk to somebody
(10:58):
really smart to do that, and it sounds like a
really weak thing to do, But I just want to
see where your brain goes. What is the one or
two things that you're really focused on that the media,
maybe even the administration and the average person isn't even
thinking about, isn't even on their radar, And it's probably
(11:18):
the biggest gauge you've got your eye on. Help us
see it through your expertise.
Speaker 5 (11:24):
Well, I think what.
Speaker 3 (11:25):
I would say is that in the tax cut bill,
which plenty of people are focused on, but they're thinking
about the wrong way.
Speaker 5 (11:31):
Everyone's sort of thinking when is the bill going to
get done?
Speaker 3 (11:33):
And that now some people are a little more politically
connected or saying is it going to be one reconciliation
bill or is it going to be two? That's all
fair enough, but I'm looking at it as the way
that deficit gets set, the way they budget for a deficit,
that dictates how big of tax cuts they can do.
And once I see the rules of how they set
the reconciliation, I'm going to know how big of a
(11:56):
canvas they get to paint on, and then yeah, I.
Speaker 5 (12:00):
Need it done. We want it done.
Speaker 3 (12:02):
Everybody who supports President Trump should want it done sooner
than later. And I think most of his advisors are
telling him that. There are some people telling him, no,
let's just do a second bill.
Speaker 5 (12:12):
Later in the year.
Speaker 3 (12:13):
It's not a good idea, but it's going to unfold
the way it's going to unfold. But everyone knows, no
tax on tips he has to get done. Everyone wants
to extend the old tax cuts. All of that needs
to happen. I'm for it. It's fine, but it is
not the biggest thing for the economy. He didn't campaign
on one hundred percent business expensing. But if he does it,
that's supply side, that's Reaganite. That moves the needle, and
(12:36):
they might get things done in the tax bill that
didn't we weren't promised in the campaign that are going
to be a bigger deal than things that were.
Speaker 1 (12:45):
Promised in the campaign. That's what I'm keeping my eyes on.
Final question, kind of full circle. So if everybody that's anxious,
when will America actually see and feel a difference in
terms of cost of living and how things are going
economically in their life. It's almost an apostles right now.
We don't know what the circumstance of each individual is either.
Speaker 5 (13:06):
But well, that's exactly right. And I'm sorry because I'm
not I said, everyone can't tell I'm not exactly a
Biden supporter. I was a huge critic of Biden.
Speaker 3 (13:16):
I wrote an absolutely eviscerating article for World magazine this
week about the Biden economic legacy.
Speaker 5 (13:22):
But you know, Michael, let's be honest.
Speaker 3 (13:24):
Do you think most people feel that their lives are
worse than a few years ago. The problem is that
it's very different income by income. Okay, I'm obviously in
a very different income and wealth bracket. I'm not worse
off than it was four years ago. But that's nothing
to do with Joe Biden. But then the people who
are worse off when you talk about grocery prices or whatnot,
it's different in terms of what affects it. Wages are
(13:48):
not going to grow a lot more than they were,
because wages have been growing. Okay, the problem with prices,
and I think the problem to me, as I've talked
to you about on your show over and over, is
not what's happening in the last year or four. It's
what's happened over the last twenty five years debt to GDP,
and do I think President Trump is likely to lower
(14:09):
the debt to GDP. I think it's going to be hard.
I don't think he's super committed to it. But I
will tell you he's brought some people in who are
who are that is?
Speaker 5 (14:18):
Kevin Hassett, is Elon musk Is. So that isn't going
to affect people's quality life next month.
Speaker 3 (14:24):
Anyone asks him the question, that's the thing that's really hard,
And I'm sorry to not give a ferm answer, but
at least I'm giving an honest one.
Speaker 5 (14:30):
At a macro level, big picture with.
Speaker 3 (14:33):
Economic data, then I think you can see an impact
this year in things they do. But on a micro level,
nobody should ever be wondering when is Washington going to
make my vice better? They should wake up and say
when am I going to make my vice better?
Speaker 1 (14:49):
Cherish our time together, and I know the listeners feel
the same way. David Bonson for the Bonson Financial Group.
We'll talk again next Thursday. God bless you, my friend.
Speaker 5 (14:57):
Thank you, my friend.
Speaker 2 (14:59):
It's your morning show with Michael del Chino.
Speaker 4 (15:03):
Roger that I played a tennis please pparer in the.
Speaker 5 (15:04):
Cabin for departure.
Speaker 1 (15:06):
By the way, speaking of United US Airways flight fifteen
forty nine, I usually do cactus. Yes, I think that's
from flight with Denzel Washington. But US air fifteen forty
nine was a Sully's plane that landed in the Hudson
River and everyone survived. Sully is seventy four years old today.
Speaker 4 (15:25):
I'll never forget.
Speaker 1 (15:26):
My dad used to always say, you know, doing birthdays.
One time my brother called cracking up. I was living
in a different city and he goes, your father just
wished a happy birthday to eight off Hitler Ate, off
Hitler board.
Speaker 4 (15:38):
On this day.
Speaker 1 (15:39):
Should I have not put Tanya Harding in the birthday list?
Speaker 4 (15:42):
No, everybody little candle list.
Speaker 1 (15:45):
But Tanya Harding is fifty three years old today, and
Wendy Lyon is twenty one and holding the wife of Jeffrey,
and our lips are our field on her age right.
Speaker 3 (15:57):
I'm Joe Big in Tampa and Morrow Morning show is
your Morning Show with Michael del Jorono.
Speaker 6 (16:09):
Hi.
Speaker 1 (16:09):
I'm Michael del Jorno and your Morning Show can be
heard live as it's happening five to eight am Central
and six to nine Eastern on Great stations. Like six
point twenty WJDX and Jackson, Mississippi, or akrons, News Talk
six forty w HLO and Akron, Ohio and News Radio
five seventy WDAK and Columbus, Georgia. Love to be a
part of your morning routine. But we're glad you're here now.
(16:31):
Enjoyed the podcast. By the way, we got a big,
big fight during your local news and traffic and weather
break because I noticed you were playing Peter Gabriel Sledgehammer.
Speaker 4 (16:40):
That songs filthy. I don't want that on my show.
Have you heard half of the bids that we play. No,
I don't know them, but I know Sledgehammer. And then
they're argument.
Speaker 1 (16:48):
I'm having an argument with a fellow born again Christian
over whether what Sledgehammer's about. I think it's pretty obvious,
you know, kind of like Eagles is spelled eg l
e s.
Speaker 4 (16:59):
It's pretty opt that one.
Speaker 5 (17:01):
Before today, haven't we.
Speaker 1 (17:02):
The mayor of Philadelphia leading Eagles fans in a chant, Well.
Speaker 7 (17:06):
Listen, we've got to do this.
Speaker 3 (17:08):
Let me hear you all saying me ow ge mes me.
Speaker 1 (17:15):
No, go birds b r d s go birds.
Speaker 4 (17:21):
And she was an English teacher before she was married.
Speaker 1 (17:24):
What you said, yeah, but then you know I'm being
I'm on my I'm seriously sitting high on the saddle
of my big white horse over Peter Gabriel and then
he brings up, what do you think Whitney's talking about?
And be my baby tonight said that's different.
Speaker 5 (17:42):
I'm not sure.
Speaker 4 (17:43):
I don't think you should be taking the advice by
the interview her bodyguard. Next week find what woman is?
Speaker 5 (17:48):
That was just complete local racial.
Speaker 1 (17:56):
Sounds of the day. I could really stop it to today,
and I might if the timing is right. Otherwise I'll
continue to stall. No, I'm kidding.
Speaker 4 (18:08):
It's how remember yesterday I.
Speaker 1 (18:10):
Went through my big eloquent monologue about how things have
changed so fast that suddenly it's as if we just
stopped playing the political correct game and it ended it.
And I brought up the line from the movie Based
on Fox where Roger Rails is trying to go back
(18:34):
to talk to his staff and remind them that he
made their lives in careers. He didn't hurt it, and
Rupert Murdoch turns him and says.
Speaker 4 (18:43):
There's just no audience for that anymore.
Speaker 1 (18:45):
Raja, look, anytime I can what was the name of
that movie again, Why am I blank on it? It's
Andrea's ultimate comfort movie. I gotta start taking that vitamin
for your brain or hydrating one or the other. No,
(19:07):
not fish fish oil is not the name of the movie. No,
but it's good for your brain. Thank God for Google.
Right movie about Fox News every bombshell, thank you, and
he's how you work in bombshell. I'd like to do it,
but yeah, Roger Eiels turns me because it does just
no audience for that narrative anymore.
Speaker 5 (19:27):
Raga.
Speaker 1 (19:28):
That's kind of our theme for Sounds of the Day.
So yeah, you can. You could take a cheap shot
at uh Jim Acosta and and and perhaps the cheap
shot would be, well, here's a great example of why.
Speaker 4 (19:43):
They're moving him to overnights.
Speaker 1 (19:45):
But here he is having an interview, and listen how
he's talking. And again he's still trapped in his agenda
and his narrative and there's simply no audience for anymore.
Listen to how it sounds.
Speaker 4 (20:00):
Ask you a question for you.
Speaker 5 (20:01):
Is President Trump responsible?
Speaker 8 (20:03):
Is he responsible if some of these offenders re offend?
What happens if one of the oathkeepers of the Proud
Boys goes out there and hurts somebody, isn't and they
were involved on January sixth, and we're put in prison
and Donald Trump released them. Isn't he then responsible for that?
Isn't he responsible? If somebody gets hurt? I would say, if.
Speaker 5 (20:23):
They are Trump appointed judges, they will go to jail.
Speaker 9 (20:26):
But if they're Joe Biden appointed judges or Soros backed thea's,
they'll probably.
Speaker 4 (20:30):
Walk all right.
Speaker 1 (20:32):
So I mean, it's obviously it's a legitimate you know,
if you want to go there, But how do you
ignore the question of, you know, what Joe Biden just
did to protect his family or Fauci and all the
lives impacted by that, And of course now you can't
get them unless they commit a crime today forward And
(20:55):
he goes.
Speaker 4 (20:55):
Back to Proud Boys.
Speaker 1 (20:58):
Why do I say that, Well, here's a montage that's
circulating online, and you can answer this question to me,
do you think? And it's seeing an MSNBC that is
dead and is really trying to reinvent itself. Here's how
they handled the pardoning of family that never happened with
Donald Trump. They created the straw man, they created the speculation.
(21:22):
Here's how they handled in their interviews, and you tell
me if you've been seeing this over the last forty
eight hours with Joe Biden doing the exact same thing.
Speaker 4 (21:30):
Listen, have you ever.
Speaker 10 (21:31):
Heard of somebody getting a preemptive pardon who was innocent.
Speaker 5 (21:35):
Of all crime?
Speaker 4 (21:36):
Adam Ships which just an innocent person? Have you ever
heard of that?
Speaker 3 (21:39):
Just somebody getting a blanket pardon and they're.
Speaker 5 (21:41):
An innocent person. But no, it's the president's own family.
Speaker 1 (21:46):
It's people that have been covering up from the president
in addition to his own family.
Speaker 9 (21:51):
Is there an innocent explanation?
Speaker 4 (21:54):
Neither way.
Speaker 6 (21:54):
Anytime you can warnk Brian Williams and his estamed colleague
and to the conversation, this is the guy that was
drunk describing dead bodies in the French Quarter after Katrina.
Speaker 9 (22:08):
That didn't exist for someone to seek preemptive pardons for
family members. Would you do that if you knew you
were innocent and just worried about outside forces?
Speaker 4 (22:22):
The answer to that is going to be no.
Speaker 9 (22:26):
If you haven't done anything wrong, you sit there and go,
what do you need a preemptive pardon?
Speaker 1 (22:30):
This is a former lead prosecutor and special counsel Andrew Weisman,
which I way would be fun to get him on
a show today and ask him the same question about
the Biden and see if he answers it different word.
Speaker 8 (22:39):
If he pardons people preemptively, he's essentially telling the public
that these people have committed crimes.
Speaker 4 (22:45):
All right, So what are you getting here?
Speaker 1 (22:47):
You're getting an example of people, Acosta, you know, trying
to play the old game that there's no audience for.
And if you think this is just an American phenomenon,
it's just like all of a sudden, political correctness has died.
Speaker 4 (23:00):
Reware. Maybe we are the leader of the free world.
Speaker 1 (23:04):
Here's how a Toronto news anchor handled his interview.
Speaker 4 (23:09):
Tell me what you hear first day on the job.
Speaker 11 (23:11):
President Trump's sign an executive order. You know, the US
government only recognizing two genders male female.
Speaker 4 (23:18):
They're unchangeable. You know, if elected as.
Speaker 11 (23:20):
Prime minister, is that something that you're going to kind
of walk in line with or what are your feelings
on that executive order?
Speaker 12 (23:26):
Well, I don't know, do you have any other genders
that you'd like to name?
Speaker 4 (23:33):
Me personally?
Speaker 11 (23:35):
I'm just asking more so if you're in line with
what he is saying, do you agree with what he's saying,
is that something that you would be lockstep with if
elected as prime minister?
Speaker 12 (23:45):
Well, I'm not aware of any other genders than men
and women. I mean, if you have any other you
want me to consider.
Speaker 1 (23:51):
This is Canada, so I mean, I know self evident
truth doesn't necessarily apply as it does to America. But
whether it's common and sense self evident truth or a
reawakening just suddenly playing this game that was forced down
our throat, that doesn't make any sense. It just stopped.
Here's a guy running for prime minister in Canada. He's
being drilled over and over again. The anchor doesn't know
(24:13):
what to do or say. You're you're not gonna acknowledge
there's more than two genders, and the and the and
the and the candidate just keeps saying, oh and.
Speaker 4 (24:20):
Over again, I'm not aware of any other gender than
male or female.
Speaker 1 (24:23):
David So he took us through a great history lesson yesterday,
going back to old dictionaries and really right up until
you get a few decades ago. They were they were
one and the same sex and gender, and there's only two,
as the creation story lays out, I might add, but
watch this anchor trying and all he could think of
(24:45):
is Rupert Murdoch and bombshell. There's just no audience for
that narrative any longer.
Speaker 4 (24:53):
ROGA, You're welcome to tell me right now.
Speaker 11 (24:55):
Well, there's well there's personally, I am a man. I
am an Okay, let's.
Speaker 4 (25:00):
Say it's this man.
Speaker 11 (25:01):
There are there are people there who you know, they
say they're neutral, you're a man. Yes, there are people
there who say they're some gender neutral. Yeah, they say
they're gender neutral. Uh, they're you know, they're there are
a trans person? Wait for the response, asked something that
you would recognize here, Whereas in the States, at least
with their US government the way they're seeing it, there's
(25:22):
only two.
Speaker 4 (25:24):
I'm only aware of two.
Speaker 12 (25:25):
But I mean if you have, if you come up
with another list, then you're welcome to do that.
Speaker 4 (25:31):
But I'm aware of too.
Speaker 12 (25:32):
And as far as I'm concerned, we should have a
government that just minds its own damn business and leaves
people alone.
Speaker 4 (25:39):
I mean, it's just funny.
Speaker 1 (25:41):
How you know what happened, didn't I mean, it all
happened so gradually, you know, it's like that scene in
Bronx Tail. Well, first day I asked you to leave.
Now you can't, and they locked the door and they
know they're about to get their butt swopped. So that's
kind of how it was a political reckness.
Speaker 5 (26:00):
You know.
Speaker 1 (26:00):
First it was out there and it was asking for
you to be tolerant. Then when you were tolerant, it
was asking for you to accept, and then when you accepted,
they were asking for you to validate. Then it kind
of went crazy into you either had to be it
or you were part of the problem, you know. So
it all happened so gradually, and then it all left
so quickly. I find that fascinating. As we know, our
(26:23):
final sign of the day, Sean got the big set
down with Donald Trump at the Oval Office, and there's
been a little bit made of this. Donald Trump kind
of shutting down Sean Hannity with three words. Sean goes
off at his laundry list about Biden, and then Trump
just kind of interrupts rather mercifully, rather graciously, rather kindly.
Speaker 4 (26:45):
Listen.
Speaker 13 (26:45):
It's really hard to say that they shouldn't have to
go through it.
Speaker 5 (26:48):
Also, it was very hard to.
Speaker 13 (26:50):
Say that if Joe Biden, remember this, Joe Biden got
very bad advice, because like he has in everything. He
got bad advice in Ukraine, he got bad advice that
war should have never started.
Speaker 5 (27:03):
He got bad advice on Israel.
Speaker 13 (27:06):
He got bad advice on the way he got out
of Afghanistan.
Speaker 5 (27:08):
We should have gotten out with strength.
Speaker 13 (27:10):
And dignity, not not like a bunch of losers. Joe
Biden has very bad advisors. Somebody advised Joe Biden to
get pardons to everybody but him.
Speaker 5 (27:24):
They wanted to take care of me.
Speaker 2 (27:25):
He was young.
Speaker 5 (27:26):
They wanted to.
Speaker 13 (27:27):
I don't care that this is more important because right
now the economy is.
Speaker 5 (27:31):
Going to do great. I'm here.
Speaker 13 (27:33):
But you have to understand he had bad advisors on
almost everything. It's like in the old days when the
Secretary of State said he never made a correct decision
on foreign policy.
Speaker 5 (27:44):
Joe Biden got very bad advice.
Speaker 1 (27:47):
Well, and again, time will tell. As we've said, Joe
Biden leaves office rated the worst president in history. Time
will not be kind to him. It'll be proven he
wasn't Even presidents don't know what was bad advice or
people were doing things he was completely unaware of. There's
just no telling in that cognitive state. That's just a
(28:08):
clip from the interview with Donald Trump. By the way,
mem of the Day hands down yesterday, fancy picture of
Fauci and it says nothing says trust the science quite
like a blanket preemptive pardon that he was too glad
to acre and everybody.
Speaker 5 (28:25):
I'm not joking.
Speaker 14 (28:26):
I don't think we should be taking the advice from
a group of people who can't define what a woman is.
Speaker 5 (28:32):
That was just complete a racial.
Speaker 1 (28:39):
Not your Sounds of the Day.
Speaker 2 (28:42):
This is your Morning Show with Michael del Chuna.
Speaker 1 (28:46):
Pentagon is setting an additional fifteen hundred active duty troops
to our southern board, according to multiple reports.
Speaker 4 (28:51):
A US official confirmed the news.
Speaker 15 (28:53):
That's on top of the twenty five hundred service members
already at the border ordered there by the Biden administer stration.
These additional service members will deploy across the border by
the end of the month.
Speaker 4 (29:05):
I'm Brian Shug.
Speaker 1 (29:06):
Some federal workers are getting big news now that Donald
Trump's back in office.
Speaker 4 (29:09):
Lisa Taylor reports.
Speaker 16 (29:11):
President Trump is ordering all federal employees in diversity, equity
and inclusion roles to be placed on leave. More from
Kelly O'Donnell.
Speaker 10 (29:18):
This is a sweeping effort to try to remake how
the federal government treats these issue of diversity, equity, and inclusion,
and so these employees whose work has been primarily focused
in these areas across the federal government will be paid
for some period of time on administrative leave, but the
work they're doing.
Speaker 16 (29:35):
And White House Press Secretary Caroline Levitt called the move
a win for Americans, calling DEI programs a scourge on society.
Speaker 5 (29:43):
I'm Lisa Taylor.
Speaker 1 (29:44):
The answer to weight loss and health was sparkling right
in front of our eyes.
Speaker 14 (29:52):
The carbon dioxide in sparkling water can cause a process
that boosts how much glucose the body uses, meaning less
sugar is left behind is fat. That's according to a
study out of Japan. It also points out, however, that
sparkling water can cause or exacerbate conditions like reflux, disease
or irritable bowel syndrome.
Speaker 4 (30:12):
I'm Michael Cass. That's your top five stories of the day.
Speaker 1 (30:15):
Got an email from Karen saying, what was the name
of the guy, the Canadian prime minister candidate in that clip?
Pierre poly A, right, polyve poil Eva. Well, actually, Rory,
do you speak you speak French, don't you?
Speaker 4 (30:30):
Nope?
Speaker 1 (30:31):
Oh no, all right, then we're gonna go with Polly Bay.
Where is the money going? I've been fascinated in dying
to hear this report of yours. So America is perceived
as living paycheck to paycheck in society.
Speaker 4 (30:42):
Well where are they putting their money? Well, it's not
in savings, that's for sure.
Speaker 7 (30:47):
Actually, this bank great report out this morning finds that
only forty one percent of us could afford a one
thousand dollars emergency like the car broke down or suddenly
you got to go to the doctor. A thousand bucks,
that's it, and only four twenty one percent can make
that payment in their savings. The rest probably have to
put it on plastic or go into further debt in
(31:08):
order to make that. And they say inflation. The persistent
results of inflation that while the numbers are improving, the
higher costs are still there and paychecks haven't kept up.
Especially then when it comes to things like your auto
insurance or the rent, those are the bills that continue
to swamp American consumers.
Speaker 1 (31:26):
So some people, of course who own homes, and their
homes have appreciated a very high rate, have been using
that home value to offset and borrow from to cover
high cost of living. Those without it simply don't have it.
You know, the old rule of thumb. First, my first
ten percent goes to tithing and I never break that promise.
(31:46):
Learned that lesson a long time ago. But what was
the other one? It was five percent? I think for
short term savings, what you're talking about a reserve account
twenty percent, twenty percent For your retirements.
Speaker 7 (32:04):
You need six months of costs socked away. So whatever
it costs you to live a month, multiply that by
six and have that amount tucked away is the goal
for your emergency fund. So that is an audacious goal
for a lot of Americans think to have six months savings.
But that's the way they feel that you could be
most comfortable because we've also got as much as we
(32:25):
were spoiled with low interest rates for a long time,
we have recently been more spoiled with low unemployment and
the fact that if you want a job, you can
get one right now pretty much anywhere, and.
Speaker 4 (32:36):
That can change on a dime.
Speaker 1 (32:38):
So I know this is probably not in the in
the bank rate yep survey, but you know the notion
that you know, if let's say, if your bills come
to seven thousand dollars a month. What you're suggesting is
you ought to have a reserve savings account of fifty grand.
Speaker 4 (32:52):
All right, Well, obviously that's gone. But I mean the
notion is.
Speaker 1 (32:55):
That they can't afford a one thousand dollars you know,
air conditioning repair bill. So obviously that forty to fifty
grand isn't there. And then you wonder how much people
have tapped into four oh one k's or with he
locks the home value. You wonder because this has been
going on for quite a bit. It's been going on
for a long time that America has been living paycheck
to paycheck, even before the Biden four years. So you know,
(33:18):
you wonder what the next step is. Well, right, and
not a lot of it's a net under them, right.
Speaker 7 (33:24):
We saw all through COVID that Americans just keep on spending.
You know, the credit card debt nationally now tops one
trillion dollars with a tea even though indust rates are
getting higher or had been. So it's yeah, we are
in a bad place because we live beyond our means
and we don't have a culture of saving in this country.
Speaker 1 (33:43):
Kind of like our government. All right, broy great reporting today.
I was fascinated by that one. I want to see
where it was going, and where it's going is on stuff,
but certainly not savings.
Speaker 2 (33:53):
We're all in this together. This is Your Morning Show
with Michaelden, Hill Jo and
Speaker 6 (33:58):
No I ad to the s
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