A lot of focus on oil disruption from war and rising as prices, but, will Epic fury have any type of epic impact on the economy or market? Our money wiz and economist David Bahnsen will join us with analysis.
War is not just a TV event, In Israel war is real, and when sirens are sounding, it’s life or death. President of the IFCJ, Yael Eckstein joins us from Israel…on the many in need when the bombings stop.
National Correspondent RORY O’NEILL has the latest on efforts to keep oil tankers and cargo ships moving through the Strait of Hormuz.
See omnystudio.com/listener for privacy information.
Listen
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Hey, gang, it's me Michael. You can listen to your
morning show live. Make us a part of your morning
routine or your drive to work companion on great stations
like Talk Radio ninety eight point three and fifteen ten
WLAC in Nashville, Tupelos News and Talk one oh one
point one and ten sixty WKMQ, and how about Talk
six fifty KSTE in Sacramento, California. Love to have you
(00:21):
listen live, but are grateful you're here now for the podcast.
Enjoy 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 Bill charm.
Speaker 2 (00:41):
Lou Holtz with his wisdom, profound coach, champions on hallowed ground.
Speaker 1 (00:47):
His lessons endure pure, honest and sure. A giant whose
echoes resound very nicely done. Former Notre Dame football coach
ESPN analysts Lou Holtz died yesterday the age of eighty nine,
surrounded by his family in Orlando. He was a great coach,
a great analyst, a great inspirational force, and a great man.
(01:09):
Thanks for the poem. Oklahoma City, Right, Stephen O Stephen Okase,
He's our Edgar Allan Poe War Powers resolution that would
have halted President Trump from using further military action against
Iran failed. The Democrats are trying to stop the President
from eliminating an Iranian threat, and they have failed. US
(01:32):
torpedoed an Iranian ship in the Indian Ocean. That is
the first time we fired a torpedo since nineteen forty
five eighty one years. Isn't that amazing? And the US
did release the final two names of officers killed in
Operation Epic Theory was Chief Warrant Officer Robert Marzam fifty
(01:53):
four of Sacramento, California, and Major Jeffrey O'Brien forty five
of Iowa. Six Americans have lost their life in this operation,
and a grateful nation is forever in their debt, and
I hope you'll join me in praying for their families
at this time. All Right. One of the things I
love about my entire radio career, but this two year
(02:15):
version nationally, is the people I get to expose you to,
really really smart people. In this particular case, for an
economist money with and financial expert like David Boonson, it's
kind of like talking to a neurosurgeon about how to
stay healthy and avoid the common cold. But be that
as it may. David, we had this story earlier that
(02:37):
we're using our four oh one K savings more than
ever and I and this came up yesterday in a
conversation we were having. If there was one piece of
advice I'll give my young kids, or give everybody younger listening,
get a four oh one K, get it as early
as possible, and if your company matches, max it out,
or try to max it out even if they don't,
and never touch it. So you know, we have anmer
(03:00):
urgency savings, we have a retirement savings, and then we
live within our means. That's really the three keys. But
then life happens and crisis happens. I can tell you
in the long run, looking back, I would have rather
sold my house, lived in an apartment for six months
and still had that four oh one K. I could
buy a seven million dollar mansion with it if I
hadn't touched it. But when you hear stories about people
(03:23):
using their four oh one k's over and over again,
what comes to mind for you?
Speaker 2 (03:29):
Well, Michael, you have to remember that the data is
capturing a macro story, and that's what the concern is,
because you're exactly right that in the micro, you know,
people could hear folks are drawing from their four one
k's early more than ever and then say, oh, yeah,
but this guy Billy had medical bills, and I know
this guy Tommy who had a family emergency, and so
(03:52):
you start to say that that's kind of okay, Billy
and Tommy needed to do it for their situation.
Speaker 1 (03:58):
And in the micro that's very true.
Speaker 2 (04:01):
There are cases where it's just going to come up,
Like you just said, life happens. But in the macro,
not everybody is Billy and Tommy. That's the point of
the macro data that when you're you've always had billion
Tommy's in the macro, and now you're seeing more of it. Okay,
(04:21):
So all economics is done on the margin, and marginally
we see more Americans either rejecting the benefits, the long
term benefits of a retirement savings plan like four and K,
or facing more hardship to where they're needing to go extract.
Speaker 1 (04:40):
From these things.
Speaker 2 (04:42):
My guess is that it's a combination of inadequate financial
literacy to appreciate the benefits you've tried to talk to
your kids about regarding the tax benefits and savings benefits
and oh, by the way, the free money from employers
with or owing K. But also so then that people
get overextended, that going out cost more these days, that
(05:05):
rent and housing cost more, and so they find themselves
with less discretionary spending and the four O one K
becomes a place to tap.
Speaker 1 (05:13):
And it concerns me a great deal. Yeah, because what
happens is and I just I could pick any number
of these analogies, and again, this is so beneath your
you know, the level of expertise that you have, but
I think it's so real for all of us living.
I think COVID was one area. Inflation is another area
(05:36):
where people are in a cycle of using their four
oh one K to pay for inflation to pay off
debt that they're accumulating, and then trying to reset every
couple of years. It's so easy to do, but it
is altering. I mean, that's why I use that lame analogy.
I can go back and I can see the house.
(05:57):
It's nineteen ninety seven or no, but was it ninety no?
Two thousand and one? I should have just sold that
house instead of borrowing from my or cashing into four
oh one k to remain in it till my next
job came. I'd have been better off selling it, making
a little profit, living in an apartment. And that four
oh one K that was gone in two thousand and
one and what it would have been worth today is remarkable.
(06:19):
But these are real numbers, and I think often when
it's brought up, it's just brought up as all the
economy must not be as good as it as people
are saying. Everybody's tapping into their four oh one k. Well,
there could be any number of anecdotal millions of reasons,
but they're they're certainly making big financial mistakes for themselves
for a short term quote unquote crisis.
Speaker 2 (06:39):
And I think it's important to understand that the crisis,
the pain that people are doing, the opportunity cost that
you're referring to, is more than people can measure, because
if you say I took fifty thousand dollars to the
four one K, it isn't that it cost you fifty thousands,
because you lose the time value of the money, the
point to which it takes to replenish it. You've lost
(07:03):
that tax advantaged compounding over time, and so depending on
you know, what people's two week contribution would have been
in this and that it can cost multiples.
Speaker 1 (07:15):
Of the amount the one actually borrowed from. Same is
true for borrowing, though, right, same is true for borrowing,
right yeah, I mean even if you're paying yourself back,
that money's gone and not multiplying.
Speaker 2 (07:28):
But that's why the term cost of capital is so appropriate,
because if you borrow money, you're cost the capital and
it's measurable. It's the literal costs to borrow the money,
the interest rate. But then if you take from yourself,
you have a cost of capital because you lose the
opportunity cost of what it would have earned. The math
is the same both ways, but we're psychologically wired to
(07:50):
think about it differently.
Speaker 1 (07:52):
David Bonson joining US economist at bonson financial group Money
with you know what, I it's hard to pick one thing,
and of course, if we're parenting our children, we have
time to harp on more than one thing. But if
you were talking to an eighteen nineteen year old or
maybe a twenty two year old who just graduated college
and they're beginning their own financial journey, What are your priorities?
(08:16):
What would you say to them? What are the biggest mistakes?
As adults we look back and know we made well.
Speaker 2 (08:22):
First of all, there's a literal piece I wrote on
this at dividencafe dot com for high school graduates that
I wrote in June a couple of years ago. We
reprinted it last year, so you'd have to go into
the archive there, but it'd be easy to find. It
was one of the most viewed issues I ever did,
where I wrote out a whole letter for those entering
young adult life. They could be high school graduates or
(08:43):
college graduates, but it was just sematic in the month
of June to address this, and it was sort of like,
what are the most important low hanging fruit? And there's
certain lessons that almost seemed too simple, but they're simple
for a reason.
Speaker 1 (08:57):
They're that important.
Speaker 2 (09:00):
Yeah, and I wouldn't bring them up if they weren't
that violated. Okay, when we talked about, hey, avoid credit
card debt, it isn't just like, oh, thanks captain obvious.
Speaker 1 (09:08):
Well if it's so obvious, why does every person do it?
Speaker 2 (09:11):
I mean that's the issue is that in college do
you think, yeah, my parents have really hit into me.
I'm not going to take this credit card and go
buy things I can't afford with it. But the percentage
of people that do so, it's overwhelming. The marketing to
young people that are vulnerable is overwhelming. And then the
(09:32):
rational the rationalizations, by the way, are just my numbing
about the human capacity for self detection, you know, the
ability to say I'm going to do it this one time,
but then you know, I have this plan and that plan,
and then it ends up just becoming this overwhelming verb.
Speaker 1 (09:50):
But David, it's given cash, it's giving cash back, and
I pay off the balance every month. Yeah, that's how
it always starts to do I mean, we can do.
It always starts. But I I think that the credit card,
that thing is that low hanging through it.
Speaker 2 (10:02):
I believe, by the way, in this what's really become
the bulk of my adult life. Now over thirty years
I've been an adult, and I cannot believe that we
still deal with people talking about buying a home is
the American dream? As if the American dream is not
affording the home you live in, having financial comfort, having
(10:24):
cash flow, having a nest egg, having the quality of
life you want to have being able to tell your
friends you own a home when you're really just renting
it from the bank, when they don't have when you
don't have protective equity, when you have taxes and insurance
and homeowners association you can't afford.
Speaker 1 (10:44):
A ton of people should own homes.
Speaker 2 (10:48):
A ton of people they can afford it, they can
do it the right way, but there's a ton of.
Speaker 3 (10:53):
People who shouldn't and getting into a home and losing
the dynamism by the way, because sometimes people turn down
a job opportunity or.
Speaker 2 (11:03):
Don't look for a certain career move because they go, no, no, no,
I'm pigeonholed to this community. This is the place we
bought a home in. So I don't think people need
to go bend over backwards to buy a home as
part of their financial plan.
Speaker 1 (11:19):
Are you taken by the reality of all the enslaving
chains virtually that are on us, we put on ourselves.
It's really breathtaking.
Speaker 2 (11:31):
Well, and part of the problem is what you just
said is contradictory Verbally, if they were enslaving chains, then
they would be things put on us.
Speaker 1 (11:39):
But the things that end up doing that are things
that we do to ourselves.
Speaker 2 (11:43):
Yeah, and it's one of the reasons my first book
I ever wrote was called Crisis of Responsibility. Is I
think that we are accustomed to believing that it's the
credit card company's fault, or it's the mortgage company's fault,
or the student loan company's fault or something like that.
Speaker 1 (12:00):
There's a lot of bad policies out there.
Speaker 2 (12:02):
There's a lot of tempting things that which weren't there,
but you know, the things doing the most damage to
people these days of crypto scams and draft kings and yeah,
certainly running up your bar tabs on your credit card.
Speaker 1 (12:18):
Okay, nobody's forcing.
Speaker 2 (12:19):
Anyone to do that stuff, Michael, nobody's forcing anybody. They're
not enslaving. It's people making bad decisions.
Speaker 1 (12:26):
Yeah, there needs to be a movement of simplifying our lives.
Everything that we buy comes with something. You know, you
want that boat, Well, now you got to slip, you know.
Now you've got to have energy for it. Now you've
got to have gas for it. Now you've got to
have insurance for it. Just goes on and on and on,
and all these things just sap our soul and spirit
and keep us stressed and focused on things that all
(12:47):
the things that are not important and can't love you back.
Closing moments might have a slight disruption and oil till
they get things sorted in the straight up horror moves,
but epic fury impact on the market or com to
me anything in less than a minute that we need
to keep our eye on or be concerned with.
Speaker 2 (13:05):
Yeah, I think that I'd be definitely watching gas prices
both as a political and an economics story.
Speaker 1 (13:10):
They're up about twenty cents this week.
Speaker 2 (13:12):
It's not a huge factory yet, but you know, oil
being up ten dollars, it's higher than it was when
Trump took office. Now and he has said oil and
gas prices are lower and every single speech he's ever
given about the economy. Now, it could very well just
come back in a week or in three weeks. The
military success here will dictate a lot of this. But
(13:33):
the other pieces of luminum prices they were already way
higher to the cariffs, and now they've gone up another
ten percent, and ten percent of global supply for illumin
comes out of the goal. So I think there's price impact.
But equity market volatility has been very very minimal, much
less than expected so far, but we need a quick
(13:53):
success in this mission to avoid their longer term economic impact.
Speaker 1 (13:58):
Lots to watch there, but just too early to.
Speaker 2 (14:00):
Tell, and everyone trying to dunk on each other politically
as all, it's just almost too stupid to watch.
Speaker 1 (14:07):
For deeper dives. There's always the Dividendcafe. At the Dividendcafe
dot com with yours truly David Bonson. What's coming up
this week? Tomorrow will be released everything.
Speaker 2 (14:18):
I ran everything tomorrow and Dividing Cafe will be about
all the stuff you and I just started talking about,
so economic impact, things to watch, things that matter, things
that don't matter.
Speaker 1 (14:27):
I ran Dividencafe dot com tomorrow. You got it, David Bonson,
As always our pleasure. This is your morning show with
Michael del Chuno, or is not just a TV event?
What's it like to be inside Israel? You'll find out. Yeah,
ex team from the IFCJ will be joining us next
half hour. But first State Department, our Department of Justice
(14:52):
rather is ending an investigation into the former President Biden's
use of the auto pen. Remember that old battle. It's
over things to gain traction.
Speaker 4 (15:01):
After the DOJ failed to build a criminal case, and
it was never presented to a grand jury. President Trump
wanted an investigation after criticizing Biden, saying that he and
his aides broke the law in using the autopan to
sign presidential documents. It's unclear how often Biden used an autopan,
as there is no official government record of when it
is used.
Speaker 1 (15:19):
A Mark Mayfield THEDOJ is expected to extend plea deals
to the dozens of defendants in the mob linked poker
case you remember, the one that involved NBA players.
Speaker 5 (15:27):
Port documents filed Wednesday did not specifically say which of
the defendants will receive a plea deal. Over thirty people
are indicted in two illegal gambling cases last year. Among
those charges of the cases are members and associates of
four major mafia crime families. Miami heat guard Terry Rosier,
Portland Trailblazers head coach Chauncey Billips and ex NBA player
(15:47):
Damon Jones, I'm Jim Roupe.
Speaker 1 (15:50):
Donna Summer and Leonard Skinner back on the Billboard charts,
all thanks to the Winter Olympics.
Speaker 6 (15:55):
Summer's track MacArthur Park was used by American figure skater
Alyssa Loo for her routine that earned her a gold medal.
Thanks to that exposure, Summer Song landed in the top
spot on the Dance Digital Song Sales chart at the
(16:16):
end of February. At the same time, Leonard Skinner's Freebird
got a boost on three different charts after it became
the unofficial anthem for the US men and women's hockey
teams of Mark Mayfield.
Speaker 1 (16:28):
Missus Patrick from Christiana, Tennessee. My Morning show is your
Morning Show with Michael Dell Jorno. Hi, It's Michael. Your
Morning show can be heard on great radio stations across
the country like News Talk ninety two point one and
six hundred WREC in Memphis, Tennessee, or thirteen hundred the
(16:50):
Patriot and Tulsa Our Talk six fifty KSTE in Sacramento, California.
We invite you to listen live while you're getting ready
in the morning and to take us along for the
drive to work. But as we always say, better late
than never. Thanks for joining us for the podcast. We
appreciate you making us a part of your morning routine
on the Aaron streaming live on your iHeartRadio app. This
is your Morning Show. I'm Michael del Journal. Honored to
(17:11):
serve you. Jeffrey's got the sound, Red's got the content.
Waking up this morning of war Powers resolution that would
have halted President Trump from using any further military action
against Iran has failed in the United States Senate. We
fired a first torpedo and over eighty years and took
down an Iranian ship in the Indian Ocean off the
coast of Sri Lanka in Operation Epic Fury. And they
(17:33):
did release the final two names of service members killed
in this operation. It was Chief Warrant Officer Robert Marzon,
fifty four years old from Sacramento, California, and Major Jeffrey O'Brien,
forty five of Iowa. A grateful nation is forever in
their debt, and keep their families in your thoughts in prayers. Well,
I sometimes worry that here at home, we think war
(17:56):
is about having a political opinion, it's about debate on
social media, or it's about watching it on television and
it's suddenly a video game or a movie or a
TV event. But if you're in Israel today, it's real,
and it's outside your door, and when those sirens ring,
(18:17):
you have seconds to get to a shelter and imagine
having your children gathered, scared with your arms around them
in a shelter, not watching it on TV, really happening,
wondering where your elderly mother is, and when the bombing stops,
wondering what the damage is and the real needs it'll wait.
I'm gonna give you a chance to be inside Israel,
because we're going to Israel right now. Yael Eckstein is
(18:38):
joining us from the IFCJ. I think of you every
time this happens, and all the work ahead and are
you safe. Kind of give everybody a sense of living
it versus watching it.
Speaker 7 (18:53):
Thank you so much.
Speaker 8 (18:54):
First of all, thank you for your thoughts and prayers
and probablys holding truth in your heart.
Speaker 7 (18:59):
And a tier audience. I feel those prayers and it's so.
Speaker 8 (19:02):
Encouraging here on the ground to know that we're not alone.
Life in Israel has been very intense already for a
few years since October seventh, but in the past five
days it's reached a different level. I've been around five
six times a day in the bomb shelter with my children,
and that means that we hear ballistic missiles exploding overhead
(19:25):
down the street from us. My daughter who's fourteen years old,
her classmate had a piece of shrapnel go through her roof.
And so there's the personal side. My oldest daughters in
the army and she's standing on the front lines with
the Gaza Strip protecting this land. And then there's the needs,
because I believe when there's darkness, when there's fear, the
(19:46):
best thing we can do is to go out and
help others. So through the International Fellowship of Christians and Jews,
we're helping the Holocaust survivors and the elderly and the
children with formula and placing more bomb shelters.
Speaker 9 (19:58):
So it's definitely intense here, but.
Speaker 8 (20:01):
The light is in the ability to help others.
Speaker 10 (20:05):
Yeah, I'm old enough to go back to I remember
talking to your dad and we've been at this for
a long time, and do you sense something different this time?
Speaker 1 (20:16):
I mean we had a long conversation on the air.
I was watching this Churchill documentary and I really think
the BBNT yah who might beat the Churchill figure in
all of this that's been warning and warning and warning.
But what do we sense? Are we stirring up the
hornet's nest, are we kicking the can? Or is something
new afoot? That could keep this kind of alife from
(20:38):
happening again in the future.
Speaker 8 (20:41):
These are such important questions that you're asking. And something
that Israel learned after October seventh is that when there
is an enemy country and leadership who's threatening to kill you,
twipe you out, to attack you, you have to take
that seriously. You can't wait until they have the capabilities
to do that. And so for decades, the leadership of
Iran has been calling death to America and death to Israel.
(21:05):
They've been calling to kill the little Satan.
Speaker 9 (21:08):
And the big Satan, which is Israel.
Speaker 8 (21:10):
And America, and to go for the Saturday people and
the Sunday people, which is the Jews and the Christians.
Speaker 9 (21:16):
And we see now the ballistic.
Speaker 8 (21:18):
Missile attacks and drone tacks on American basis, even in
Europe across the Arab world. We see what a threat
this already is now. And to imagine that they could
have had nuclear weapons or more ballistic missiles.
Speaker 9 (21:33):
Where they would have targeted America directly.
Speaker 8 (21:36):
They've said it themselves. I think it took a lot
of bravery to go and directly try to.
Speaker 9 (21:43):
Wipe out this threat, to free the.
Speaker 8 (21:45):
Iranian people, but also to free America, Israel, and the
free world from this new world order that was trying
to take hold of islamis.
Speaker 7 (21:54):
Running the world.
Speaker 1 (21:55):
Yeah, Alexina and joining us with the IFCJ. You know
these needs are days. But in a time of crisis
like this, how you know at this point what are
we I mean, how have we been able to assess?
Speaker 8 (22:07):
You know?
Speaker 1 (22:08):
I just have this vision of you all in the
bomb shelter. You come out, you can see some immediate
damage and goodness for the airon Do most of them
are caught their explosions overhead, but some get through. Do
you have a sense yet, other than from the past,
what we're up against in terms of what these needs
are going to be or are already at hospitals and
in areas of need.
Speaker 9 (22:29):
Yeah.
Speaker 8 (22:29):
Well, we are the humanitarian first responders, which means sometimes
we will get to the scene of a missile attack
with food boxes and baby formula.
Speaker 9 (22:39):
And warm blankets even before.
Speaker 8 (22:41):
The first responders get there. We're often waiting at the
scene of an attack with bulletproof vests and helmets for
the first responders who have to go and look through
the rubbles for survivors when the rockets are still falling,
and so we are on the ground, we're not seeing
in the safety of our bomb shelters with our children.
Speaker 7 (22:59):
Were going out to feed the hungry, clothe.
Speaker 8 (23:02):
The naked, shelter the poor, and to do whatever we
can to save lives. So just yesterday we placed mobile
bomb shelters at seven different locations and within.
Speaker 7 (23:12):
One hour, every.
Speaker 8 (23:13):
Single one of those bomb shelters were used. So the
needs are enormous, But being on the ground.
Speaker 3 (23:20):
And being able to see.
Speaker 8 (23:21):
The direct impact of what we're doing is what brings
so much faith, encouragement and strength to continue.
Speaker 1 (23:29):
Well it's you know, I hate you you're going through
it again, but I'm so grateful you're there. I think,
you know, one of of all the things that we've
tried to discuss in this campaign, there seems to be
a movement. It's very troubling for me here in America.
I'm used to the far left taking, you know, a
stance of well, it's Israel's problem, it's not Americas. We
(23:50):
don't want drawn out wars or even what we've been
seeing is a growing anti Semitic movement within the political left.
But what is most discouraging in the last twelve months
is one that's rising from the far right. And I
have always been very upfront about this. In Christ I
have a past, present, and future with Israel. I have
a covenant, and I think if nothing else. You know,
(24:13):
Michelle Bachman was on last week or the week before,
and she said, are you kidding me? Israel's what's right
in the Middle East, not what's wrong. How frustrating it is.
I can tell you this that when all of this started,
my first thought was, I don't fear for Israel, fear
for America. Israel is united, Israel is prepared. We are not.
(24:36):
But it is very frustrating, and it's a very simple thing.
It's siding with good and against evil. Your final take
on you know who the good guy is and who
the bad guy is, and how my listeners can help
stand with the good guys, which I think is Israel.
Speaker 8 (24:54):
Wow. Well, this is a spiritual war that's affecting all
of us. We can see it through politics, but it's
something spiritual. There's a darkness that's coming over the world,
just like the darkness that happened in different generations like
the Holocaust and communism, and it goes.
Speaker 9 (25:08):
All the way back to the scriptures.
Speaker 8 (25:09):
With Amalik and Wicked Hayman that the answer.
Speaker 7 (25:13):
To darkness is faith is light.
Speaker 8 (25:16):
And I believe it's able to infiltrate our children and
our grandchildren because there is a lack of biblical knowledge.
So the answer to this darkness, the answer to the
spiritual warfare is to pray, is to study scriptures and to.
Speaker 9 (25:32):
Exactly as the scripture say, feed.
Speaker 8 (25:34):
The hungry, clothe the naked, shelter the poor, to pray
for the peace of Jerusalem, and to.
Speaker 7 (25:39):
Be those watchmen on the walls.
Speaker 1 (25:42):
There's an Old Testament script when the enemy comes in
like a flood, God raises the standard against him. I
believe God's in the business of raising the standard even
as we speak, and I choose to stand with Israel,
and I encourage our listeners to do the same. Our
thoughts and prayers are with you. That's meaningless. I want
people to go further than that. You have the resources
to meet these needs. God bless you, God protect you,
(26:04):
and keep you safe until we talk again. Ya yel.
Speaker 7 (26:09):
Amen.
Speaker 8 (26:09):
Thank you so much. And if anyone wants to join
this effort right now that's happening and be part of it,
they could go to www. Dot IFCJ dot org.
Speaker 1 (26:18):
I'll do you one better. I'll handle this cell for
sixty seconds. I FCJ President Yalel Extein my honor to
have you stay safe. God bless Thank.
Speaker 7 (26:28):
You so much, God bless you.
Speaker 1 (26:30):
All right is Operation Epic Fury intensifies. The world is
bracing for what's coming next. People of faith are praying
I hope that's you, and praying for freedom and protection
of Israel. I want to talk to you about what's
happening in the Holy Land, and that's kind of what
this interview was about. It's a much different experience. When
the sirens go off, the bomb shelters, the neighborhoods are
(26:51):
yours that are being bombed. The certain the uncertainty is
yours in the area you're in. It's a serious threat.
It's not an abstract idea of freedom and faith. It
is what they're actually depending upon at this moment. And
part of that dependence is on you. Not asking you
(27:13):
to take a political position, but I'm asking you to
stand by in a covenant. God's people and the International
Fellowship of Christians and Jews is grounded on the ground,
prepared for large scale distributions that have already begun. This
is life saving food, first aid, emergency essentials for security personnel,
stocking hospitals, emergency rooms, and taking care of the most vulnerable,
(27:37):
the sick, the elderly, the children, the famili's and greatest need.
You can go beyond a political position and help rush
your gift by calling the IFCJ today at eight eight
eight four eight eight. IFCJ, any amount will be grateful
eight eight eight four eight eight. IFCJ, don't just stand
by in spirit, stand by in resources. You can also
(28:00):
give securely unline at i FCJ dot org. That's IFCJ
dot org. It's your morning show with Michael del Chno.
This is your morning show. Can't have it without your voice.
Speaker 11 (28:12):
Oh big John, looking forward to that Kenny Albert interview, Mike,
I got a cool little story. We used to go
into the Ranger Games in nineteen eighty Marv Albert was
calling the games. We were like, who is this twelve
year old kid with a clipboard next to Marv Albert? Well,
that was Kenny Albert and that was a great time.
Speaker 1 (28:31):
Well. Yeah, when I when I think of hockey, I
think a lot of John is like Forrest Gump of
our show. He is at every historical well. I can,
I can out force, I can out Forrest gump Am
on this. Okay, when we talked to Kenny, I'll bring
this up. But Marv Albert was my father's sports guy
in Syracuse, New York. Now that's how far that goes to.
(28:52):
And my dad was shortly he took the place of
Tick Clark in Syracuse, New York. Tick Clark would go
on or Albert would go on. But yeah, and so
you know we used to always I would say Marv
Albert was the official voice of NERF basketball upstairs in
my bedroom for the Jay. And we'll get to talk
(29:12):
to Kenny on Monday, all right, if you're just waking up.
The War Powers resolution that would have halted President Trump
from using further military action against Iran failed to pass
in the Senate. We had the hearing with Keith Ellison,
the Attorney General of Minnesota, the Governor Tim Walls of Minnesota,
just getting shelled by Congress over the fraud and funding
(29:35):
of terrorism out of Minnesota. It was a really deceitful
day for Keith Ellison. I expected that I really, I
can't pile on more than the questioners did but yeah,
Tim wallas Is just didn't come across very bright. I'll
leave it at that. Meanwhile, the Iranian vessel sunk by
(29:56):
a sub that's the first torpedo since World War Two
that has been fired to take down a ship. It
was off the coast of Sri Lanka. It was an
Iranian vessel and it is now at the bottom of
the Indian Ocean. And as I mentioned, the war powers failing,
and we still while we should be funding fully TSA
and Homeland Security, we're harassing Christy Nome and Homeland Security REHD.
(30:20):
Can you turn your microphone off? I'm hearing your phone
and everything else. Roy O'Neil, our national correspondence here, all right, Ry.
The dilemma is we got to get crude flowing and
through the strait of horror moves. You're still one of
the few people that ever bring up the truth of
the matter is it's the insurance companies that need to
know it's safe before they're going to allow it. And
yesterday we discussed the possibility of naval escort.
Speaker 12 (30:42):
Where are we at today, right, and the Trump administration
trying to set up a kind of backstop insurance program
for these vessels. Remember, twenty percent of the world's oil
flows through the Strait, twenty percent of the world's liquefied
natural gas LNG, a lot of it bound for Asia,
in particular South East East Asia India as well. And
I think I mentioned this before. About thirty percent of
(31:04):
the world's fertilizer also goes through this area, which could
be an issue now that we're into spring planting season,
So that's something to track. If this drags on, If
this is something that's four to five weeks, okay, not
so much of a big deal. But if this is
something that drags on and takes longer, obviously a greater impact,
perhaps even sort of recessionary on Asia.
Speaker 1 (31:28):
Do we know exactly like yesterday we were discussing. Apparently,
according to Pentagon, we have a list of objectives for
when we know this will be over. The President projected
early on about a four week campaign and oh, by
the way, forget shock and awe, some of the more
intense fighting will be later in that four week period.
(31:49):
Then we find out whether ahead of schedule. We don't
know if that means a day or a week or whatever.
What is it The insurance companies are looking for before
they would ease their apprehension.
Speaker 12 (32:00):
Well, Iran, what's left in the IRGC are threatening to
attack any ship essentially doing business with the USA, Europe
or Israel, and those would be the ones targeted. They
claimed that they would let any ship, say going for
China or South Korea, would be allowed to sail undisturbed
along this twenty one mile stretch, but the insurance companies
(32:23):
just aren't buying it.
Speaker 1 (32:24):
I think it's a bit of a wait and see.
Speaker 12 (32:25):
You know, a week from now we may be in
a very different place, because it's not just that the
Iranian Navy is now at the bottom of the sea,
it's that they can use drones. We know they've got
lots of drones. They can use other technology to disrupt GPS,
so the ships don't know where they are in the Strait,
and obviously that could be very dangerous for positioning. And
(32:47):
we saw how Ukraine was so good at using these
water based drones essentially little remote controlled boats to deliver
small explosives, and they took down the big ships in
the Black Sea of the Russian Navy using these remote
control boats. Maybe the same tactic could be used here.
So even protecting these ships is going to be difficult,
and the US Navy ships that would be involved in escort,
(33:10):
it's a little busy right now.
Speaker 1 (33:12):
I think what we need more in any is I mean,
nobody wants to be that first one, right would you
want to say a lot and find out. But what
we need more than ever is one to go through.
And you know, but I don't know, I think it's
you know, I don't think it's a long term problem.
I'm just wondering how long the short term is. And
we spent a lot of time talking about those that
(33:32):
were trapped. You know, I did go back through my
notes and we had Bibi net Ya who come to
the White House. That was a clear sign something was coming.
We had the conversations and negotiations that didn't have any breakthroughs.
That was a clear sign. Then we had the ships
get in place that really felt emminent at that point.
And then the warning for American citizens to avoid the area,
(33:55):
and that was about during the Olympics. I don't know
if it was two or three weeks prior, but there's
a lot of Americans in this area and getting them
out is the new sense of urgency, and we're going
to use the military for that as well.
Speaker 12 (34:08):
That is one of the options the secretary or the
Press Secretary, Caroline Levitt saying, essentially everything is on the table,
charter flights, commercial flights, even military flights. Another red flag
you mentioned should have been the Olympics, that sort of
it would have been bad form to launch an attack
during the Olympics. So the idea was that once those
games were over, that was going to be another benchmark,
(34:29):
and perhaps the US and Israel taking this action.
Speaker 1 (34:32):
Got a lot to keep our eye on, and we
got a lot of smart people keeping an eye on it.
For you, Rory O'Neil, just one of them, Thank you, Rory.
All right one tomorrow obviously, Parady with forty seven is
always a big feature Monday, Kenny Albert will be joining us.
He's out with a new book. You tell you what
fascinates me most about Kenny Albert is to talk to
somebody that is so good, good at football, good at hockey,
(34:56):
good at Olympics. You know, I would think nothing for me.
I can't imagine anything harder than hockey. It's just so fast.
The names, I mean, it's like worse names than tennis.
In different shifts, constantly coming out and off the ice.
But he's out with a new book about all the
(35:19):
sports and all the sports casting over a lifetime. We
are looking forward to that, all right, One chance to
live This Thursday, March the fifth. Go make a difference
in someone's life. Cherish your own. We'll see in the morning.
We're all in this together. This is your morning Show
with Michael Nheld, Journo
Hey, gang, it's me Michael. You can listen to your
morning show live. Make us a part of your morning
routine or your drive to work companion on great stations
like Talk Radio ninety eight point three and fifteen ten
WLAC in Nashville, Tupelos News and Talk one oh one
point one and ten sixty WKMQ, and how about Talk
six fifty KSTE in Sacramento, California. Love to have you
(00:21):
listen live, but are grateful you're here now for the podcast.
Enjoy 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 Bill charm.
Speaker 2 (00:41):
Lou Holtz with his wisdom, profound coach, champions on hallowed ground.
Speaker 1 (00:47):
His lessons endure pure, honest and sure. A giant whose
echoes resound very nicely done. Former Notre Dame football coach
ESPN analysts Lou Holtz died yesterday the age of eighty nine,
surrounded by his family in Orlando. He was a great coach,
a great analyst, a great inspirational force, and a great man.
(01:09):
Thanks for the poem. Oklahoma City, Right, Stephen O Stephen Okase,
He's our Edgar Allan Poe War Powers resolution that would
have halted President Trump from using further military action against
Iran failed. The Democrats are trying to stop the President
from eliminating an Iranian threat, and they have failed. US
(01:32):
torpedoed an Iranian ship in the Indian Ocean. That is
the first time we fired a torpedo since nineteen forty
five eighty one years. Isn't that amazing? And the US
did release the final two names of officers killed in
Operation Epic Theory was Chief Warrant Officer Robert Marzam fifty
(01:53):
four of Sacramento, California, and Major Jeffrey O'Brien forty five
of Iowa. Six Americans have lost their life in this operation,
and a grateful nation is forever in their debt, and
I hope you'll join me in praying for their families
at this time. All Right. One of the things I
love about my entire radio career, but this two year
(02:15):
version nationally, is the people I get to expose you to,
really really smart people. In this particular case, for an
economist money with and financial expert like David Boonson, it's
kind of like talking to a neurosurgeon about how to
stay healthy and avoid the common cold. But be that
as it may. David, we had this story earlier that
(02:37):
we're using our four oh one K savings more than
ever and I and this came up yesterday in a
conversation we were having. If there was one piece of
advice I'll give my young kids, or give everybody younger listening,
get a four oh one K, get it as early
as possible, and if your company matches, max it out,
or try to max it out even if they don't,
and never touch it. So you know, we have anmer
(03:00):
urgency savings, we have a retirement savings, and then we
live within our means. That's really the three keys. But
then life happens and crisis happens. I can tell you
in the long run, looking back, I would have rather
sold my house, lived in an apartment for six months
and still had that four oh one K. I could
buy a seven million dollar mansion with it if I
hadn't touched it. But when you hear stories about people
(03:23):
using their four oh one k's over and over again,
what comes to mind for you?
Speaker 2 (03:29):
Well, Michael, you have to remember that the data is
capturing a macro story, and that's what the concern is,
because you're exactly right that in the micro, you know,
people could hear folks are drawing from their four one
k's early more than ever and then say, oh, yeah,
but this guy Billy had medical bills, and I know
this guy Tommy who had a family emergency, and so
(03:52):
you start to say that that's kind of okay, Billy
and Tommy needed to do it for their situation.
Speaker 1 (03:58):
And in the micro that's very true.
Speaker 2 (04:01):
There are cases where it's just going to come up,
Like you just said, life happens. But in the macro,
not everybody is Billy and Tommy. That's the point of
the macro data that when you're you've always had billion
Tommy's in the macro, and now you're seeing more of it. Okay,
(04:21):
So all economics is done on the margin, and marginally
we see more Americans either rejecting the benefits, the long
term benefits of a retirement savings plan like four and K,
or facing more hardship to where they're needing to go extract.
Speaker 1 (04:40):
From these things.
Speaker 2 (04:42):
My guess is that it's a combination of inadequate financial
literacy to appreciate the benefits you've tried to talk to
your kids about regarding the tax benefits and savings benefits
and oh, by the way, the free money from employers
with or owing K. But also so then that people
get overextended, that going out cost more these days, that
(05:05):
rent and housing cost more, and so they find themselves
with less discretionary spending and the four O one K
becomes a place to tap.
Speaker 1 (05:13):
And it concerns me a great deal. Yeah, because what
happens is and I just I could pick any number
of these analogies, and again, this is so beneath your
you know, the level of expertise that you have, but
I think it's so real for all of us living.
I think COVID was one area. Inflation is another area
(05:36):
where people are in a cycle of using their four
oh one K to pay for inflation to pay off
debt that they're accumulating, and then trying to reset every
couple of years. It's so easy to do, but it
is altering. I mean, that's why I use that lame analogy.
I can go back and I can see the house.
(05:57):
It's nineteen ninety seven or no, but was it ninety no?
Two thousand and one? I should have just sold that
house instead of borrowing from my or cashing into four
oh one k to remain in it till my next
job came. I'd have been better off selling it, making
a little profit, living in an apartment. And that four
oh one K that was gone in two thousand and
one and what it would have been worth today is remarkable.
(06:19):
But these are real numbers, and I think often when
it's brought up, it's just brought up as all the
economy must not be as good as it as people
are saying. Everybody's tapping into their four oh one k. Well,
there could be any number of anecdotal millions of reasons,
but they're they're certainly making big financial mistakes for themselves
for a short term quote unquote crisis.
Speaker 2 (06:39):
And I think it's important to understand that the crisis,
the pain that people are doing, the opportunity cost that
you're referring to, is more than people can measure, because
if you say I took fifty thousand dollars to the
four one K, it isn't that it cost you fifty thousands,
because you lose the time value of the money, the
point to which it takes to replenish it. You've lost
(07:03):
that tax advantaged compounding over time, and so depending on
you know, what people's two week contribution would have been
in this and that it can cost multiples.
Speaker 1 (07:15):
Of the amount the one actually borrowed from. Same is
true for borrowing, though, right, same is true for borrowing,
right yeah, I mean even if you're paying yourself back,
that money's gone and not multiplying.
Speaker 2 (07:28):
But that's why the term cost of capital is so appropriate,
because if you borrow money, you're cost the capital and
it's measurable. It's the literal costs to borrow the money,
the interest rate. But then if you take from yourself,
you have a cost of capital because you lose the
opportunity cost of what it would have earned. The math
is the same both ways, but we're psychologically wired to
(07:50):
think about it differently.
Speaker 1 (07:52):
David Bonson joining US economist at bonson financial group Money
with you know what, I it's hard to pick one thing,
and of course, if we're parenting our children, we have
time to harp on more than one thing. But if
you were talking to an eighteen nineteen year old or
maybe a twenty two year old who just graduated college
and they're beginning their own financial journey, What are your priorities?
(08:16):
What would you say to them? What are the biggest mistakes?
As adults we look back and know we made well.
Speaker 2 (08:22):
First of all, there's a literal piece I wrote on
this at dividencafe dot com for high school graduates that
I wrote in June a couple of years ago. We
reprinted it last year, so you'd have to go into
the archive there, but it'd be easy to find. It
was one of the most viewed issues I ever did,
where I wrote out a whole letter for those entering
young adult life. They could be high school graduates or
(08:43):
college graduates, but it was just sematic in the month
of June to address this, and it was sort of like,
what are the most important low hanging fruit? And there's
certain lessons that almost seemed too simple, but they're simple
for a reason.
Speaker 1 (08:57):
They're that important.
Speaker 2 (09:00):
Yeah, and I wouldn't bring them up if they weren't
that violated. Okay, when we talked about, hey, avoid credit
card debt, it isn't just like, oh, thanks captain obvious.
Speaker 1 (09:08):
Well if it's so obvious, why does every person do it?
Speaker 2 (09:11):
I mean that's the issue is that in college do
you think, yeah, my parents have really hit into me.
I'm not going to take this credit card and go
buy things I can't afford with it. But the percentage
of people that do so, it's overwhelming. The marketing to
young people that are vulnerable is overwhelming. And then the
(09:32):
rational the rationalizations, by the way, are just my numbing
about the human capacity for self detection, you know, the
ability to say I'm going to do it this one time,
but then you know, I have this plan and that plan,
and then it ends up just becoming this overwhelming verb.
Speaker 1 (09:50):
But David, it's given cash, it's giving cash back, and
I pay off the balance every month. Yeah, that's how
it always starts to do I mean, we can do.
It always starts. But I I think that the credit card,
that thing is that low hanging through it.
Speaker 2 (10:02):
I believe, by the way, in this what's really become
the bulk of my adult life. Now over thirty years
I've been an adult, and I cannot believe that we
still deal with people talking about buying a home is
the American dream? As if the American dream is not
affording the home you live in, having financial comfort, having
(10:24):
cash flow, having a nest egg, having the quality of
life you want to have being able to tell your
friends you own a home when you're really just renting
it from the bank, when they don't have when you
don't have protective equity, when you have taxes and insurance
and homeowners association you can't afford.
Speaker 1 (10:44):
A ton of people should own homes.
Speaker 2 (10:48):
A ton of people they can afford it, they can
do it the right way, but there's a ton of.
Speaker 3 (10:53):
People who shouldn't and getting into a home and losing
the dynamism by the way, because sometimes people turn down
a job opportunity or.
Speaker 2 (11:03):
Don't look for a certain career move because they go, no, no, no,
I'm pigeonholed to this community. This is the place we
bought a home in. So I don't think people need
to go bend over backwards to buy a home as
part of their financial plan.
Speaker 1 (11:19):
Are you taken by the reality of all the enslaving
chains virtually that are on us, we put on ourselves.
It's really breathtaking.
Speaker 2 (11:31):
Well, and part of the problem is what you just
said is contradictory Verbally, if they were enslaving chains, then
they would be things put on us.
Speaker 1 (11:39):
But the things that end up doing that are things
that we do to ourselves.
Speaker 2 (11:43):
Yeah, and it's one of the reasons my first book
I ever wrote was called Crisis of Responsibility. Is I
think that we are accustomed to believing that it's the
credit card company's fault, or it's the mortgage company's fault,
or the student loan company's fault or something like that.
Speaker 1 (12:00):
There's a lot of bad policies out there.
Speaker 2 (12:02):
There's a lot of tempting things that which weren't there,
but you know, the things doing the most damage to
people these days of crypto scams and draft kings and yeah,
certainly running up your bar tabs on your credit card.
Speaker 1 (12:18):
Okay, nobody's forcing.
Speaker 2 (12:19):
Anyone to do that stuff, Michael, nobody's forcing anybody. They're
not enslaving. It's people making bad decisions.
Speaker 1 (12:26):
Yeah, there needs to be a movement of simplifying our lives.
Everything that we buy comes with something. You know, you
want that boat, Well, now you got to slip, you know.
Now you've got to have energy for it. Now you've
got to have gas for it. Now you've got to
have insurance for it. Just goes on and on and on,
and all these things just sap our soul and spirit
and keep us stressed and focused on things that all
(12:47):
the things that are not important and can't love you back.
Closing moments might have a slight disruption and oil till
they get things sorted in the straight up horror moves,
but epic fury impact on the market or com to
me anything in less than a minute that we need
to keep our eye on or be concerned with.
Speaker 2 (13:05):
Yeah, I think that I'd be definitely watching gas prices
both as a political and an economics story.
Speaker 1 (13:10):
They're up about twenty cents this week.
Speaker 2 (13:12):
It's not a huge factory yet, but you know, oil
being up ten dollars, it's higher than it was when
Trump took office. Now and he has said oil and
gas prices are lower and every single speech he's ever
given about the economy. Now, it could very well just
come back in a week or in three weeks. The
military success here will dictate a lot of this. But
(13:33):
the other pieces of luminum prices they were already way
higher to the cariffs, and now they've gone up another
ten percent, and ten percent of global supply for illumin
comes out of the goal. So I think there's price impact.
But equity market volatility has been very very minimal, much
less than expected so far, but we need a quick
(13:53):
success in this mission to avoid their longer term economic impact.
Speaker 1 (13:58):
Lots to watch there, but just too early to.
Speaker 2 (14:00):
Tell, and everyone trying to dunk on each other politically
as all, it's just almost too stupid to watch.
Speaker 1 (14:07):
For deeper dives. There's always the Dividendcafe. At the Dividendcafe
dot com with yours truly David Bonson. What's coming up
this week? Tomorrow will be released everything.
Speaker 2 (14:18):
I ran everything tomorrow and Dividing Cafe will be about
all the stuff you and I just started talking about,
so economic impact, things to watch, things that matter, things
that don't matter.
Speaker 1 (14:27):
I ran Dividencafe dot com tomorrow. You got it, David Bonson,
As always our pleasure. This is your morning show with
Michael del Chuno, or is not just a TV event?
What's it like to be inside Israel? You'll find out. Yeah,
ex team from the IFCJ will be joining us next
half hour. But first State Department, our Department of Justice
(14:52):
rather is ending an investigation into the former President Biden's
use of the auto pen. Remember that old battle. It's
over things to gain traction.
Speaker 4 (15:01):
After the DOJ failed to build a criminal case, and
it was never presented to a grand jury. President Trump
wanted an investigation after criticizing Biden, saying that he and
his aides broke the law in using the autopan to
sign presidential documents. It's unclear how often Biden used an autopan,
as there is no official government record of when it
is used.
Speaker 1 (15:19):
A Mark Mayfield THEDOJ is expected to extend plea deals
to the dozens of defendants in the mob linked poker
case you remember, the one that involved NBA players.
Speaker 5 (15:27):
Port documents filed Wednesday did not specifically say which of
the defendants will receive a plea deal. Over thirty people
are indicted in two illegal gambling cases last year. Among
those charges of the cases are members and associates of
four major mafia crime families. Miami heat guard Terry Rosier,
Portland Trailblazers head coach Chauncey Billips and ex NBA player
(15:47):
Damon Jones, I'm Jim Roupe.
Speaker 1 (15:50):
Donna Summer and Leonard Skinner back on the Billboard charts,
all thanks to the Winter Olympics.
Speaker 6 (15:55):
Summer's track MacArthur Park was used by American figure skater
Alyssa Loo for her routine that earned her a gold medal.
Thanks to that exposure, Summer Song landed in the top
spot on the Dance Digital Song Sales chart at the
(16:16):
end of February. At the same time, Leonard Skinner's Freebird
got a boost on three different charts after it became
the unofficial anthem for the US men and women's hockey
teams of Mark Mayfield.
Speaker 1 (16:28):
Missus Patrick from Christiana, Tennessee. My Morning show is your
Morning Show with Michael Dell Jorno. Hi, It's Michael. Your
Morning show can be heard on great radio stations across
the country like News Talk ninety two point one and
six hundred WREC in Memphis, Tennessee, or thirteen hundred the
(16:50):
Patriot and Tulsa Our Talk six fifty KSTE in Sacramento, California.
We invite you to listen live while you're getting ready
in the morning and to take us along for the
drive to work. But as we always say, better late
than never. Thanks for joining us for the podcast. We
appreciate you making us a part of your morning routine
on the Aaron streaming live on your iHeartRadio app. This
is your Morning Show. I'm Michael del Journal. Honored to
(17:11):
serve you. Jeffrey's got the sound, Red's got the content.
Waking up this morning of war Powers resolution that would
have halted President Trump from using any further military action
against Iran has failed in the United States Senate. We
fired a first torpedo and over eighty years and took
down an Iranian ship in the Indian Ocean off the
coast of Sri Lanka in Operation Epic Fury. And they
(17:33):
did release the final two names of service members killed
in this operation. It was Chief Warrant Officer Robert Marzon,
fifty four years old from Sacramento, California, and Major Jeffrey O'Brien,
forty five of Iowa. A grateful nation is forever in
their debt, and keep their families in your thoughts in prayers. Well,
I sometimes worry that here at home, we think war
(17:56):
is about having a political opinion, it's about debate on
social media, or it's about watching it on television and
it's suddenly a video game or a movie or a
TV event. But if you're in Israel today, it's real,
and it's outside your door, and when those sirens ring,
(18:17):
you have seconds to get to a shelter and imagine
having your children gathered, scared with your arms around them
in a shelter, not watching it on TV, really happening,
wondering where your elderly mother is, and when the bombing stops,
wondering what the damage is and the real needs it'll wait.
I'm gonna give you a chance to be inside Israel,
because we're going to Israel right now. Yael Eckstein is
(18:38):
joining us from the IFCJ. I think of you every
time this happens, and all the work ahead and are
you safe. Kind of give everybody a sense of living
it versus watching it.
Speaker 7 (18:53):
Thank you so much.
Speaker 8 (18:54):
First of all, thank you for your thoughts and prayers
and probablys holding truth in your heart.
Speaker 7 (18:59):
And a tier audience. I feel those prayers and it's so.
Speaker 8 (19:02):
Encouraging here on the ground to know that we're not alone.
Life in Israel has been very intense already for a
few years since October seventh, but in the past five
days it's reached a different level. I've been around five
six times a day in the bomb shelter with my children,
and that means that we hear ballistic missiles exploding overhead
(19:25):
down the street from us. My daughter who's fourteen years old,
her classmate had a piece of shrapnel go through her roof.
And so there's the personal side. My oldest daughters in
the army and she's standing on the front lines with
the Gaza Strip protecting this land. And then there's the needs,
because I believe when there's darkness, when there's fear, the
(19:46):
best thing we can do is to go out and
help others. So through the International Fellowship of Christians and Jews,
we're helping the Holocaust survivors and the elderly and the
children with formula and placing more bomb shelters.
Speaker 9 (19:58):
So it's definitely intense here, but.
Speaker 8 (20:01):
The light is in the ability to help others.
Speaker 10 (20:05):
Yeah, I'm old enough to go back to I remember
talking to your dad and we've been at this for
a long time, and do you sense something different this time?
Speaker 1 (20:16):
I mean we had a long conversation on the air.
I was watching this Churchill documentary and I really think
the BBNT yah who might beat the Churchill figure in
all of this that's been warning and warning and warning.
But what do we sense? Are we stirring up the
hornet's nest, are we kicking the can? Or is something
new afoot? That could keep this kind of alife from
(20:38):
happening again in the future.
Speaker 8 (20:41):
These are such important questions that you're asking. And something
that Israel learned after October seventh is that when there
is an enemy country and leadership who's threatening to kill you,
twipe you out, to attack you, you have to take
that seriously. You can't wait until they have the capabilities
to do that. And so for decades, the leadership of
Iran has been calling death to America and death to Israel.
(21:05):
They've been calling to kill the little Satan.
Speaker 9 (21:08):
And the big Satan, which is Israel.
Speaker 8 (21:10):
And America, and to go for the Saturday people and
the Sunday people, which is the Jews and the Christians.
Speaker 9 (21:16):
And we see now the ballistic.
Speaker 8 (21:18):
Missile attacks and drone tacks on American basis, even in
Europe across the Arab world. We see what a threat
this already is now. And to imagine that they could
have had nuclear weapons or more ballistic missiles.
Speaker 9 (21:33):
Where they would have targeted America directly.
Speaker 8 (21:36):
They've said it themselves. I think it took a lot
of bravery to go and directly try to.
Speaker 9 (21:43):
Wipe out this threat, to free the.
Speaker 8 (21:45):
Iranian people, but also to free America, Israel, and the
free world from this new world order that was trying
to take hold of islamis.
Speaker 7 (21:54):
Running the world.
Speaker 1 (21:55):
Yeah, Alexina and joining us with the IFCJ. You know
these needs are days. But in a time of crisis
like this, how you know at this point what are
we I mean, how have we been able to assess?
Speaker 8 (22:07):
You know?
Speaker 1 (22:08):
I just have this vision of you all in the
bomb shelter. You come out, you can see some immediate
damage and goodness for the airon Do most of them
are caught their explosions overhead, but some get through. Do
you have a sense yet, other than from the past,
what we're up against in terms of what these needs
are going to be or are already at hospitals and
in areas of need.
Speaker 9 (22:29):
Yeah.
Speaker 8 (22:29):
Well, we are the humanitarian first responders, which means sometimes
we will get to the scene of a missile attack
with food boxes and baby formula.
Speaker 9 (22:39):
And warm blankets even before.
Speaker 8 (22:41):
The first responders get there. We're often waiting at the
scene of an attack with bulletproof vests and helmets for
the first responders who have to go and look through
the rubbles for survivors when the rockets are still falling,
and so we are on the ground, we're not seeing
in the safety of our bomb shelters with our children.
Speaker 7 (22:59):
Were going out to feed the hungry, clothe.
Speaker 8 (23:02):
The naked, shelter the poor, and to do whatever we
can to save lives. So just yesterday we placed mobile
bomb shelters at seven different locations and within.
Speaker 7 (23:12):
One hour, every.
Speaker 8 (23:13):
Single one of those bomb shelters were used. So the
needs are enormous, But being on the ground.
Speaker 3 (23:20):
And being able to see.
Speaker 8 (23:21):
The direct impact of what we're doing is what brings
so much faith, encouragement and strength to continue.
Speaker 1 (23:29):
Well it's you know, I hate you you're going through
it again, but I'm so grateful you're there. I think,
you know, one of of all the things that we've
tried to discuss in this campaign, there seems to be
a movement. It's very troubling for me here in America.
I'm used to the far left taking, you know, a
stance of well, it's Israel's problem, it's not Americas. We
(23:50):
don't want drawn out wars or even what we've been
seeing is a growing anti Semitic movement within the political left.
But what is most discouraging in the last twelve months
is one that's rising from the far right. And I
have always been very upfront about this. In Christ I
have a past, present, and future with Israel. I have
a covenant, and I think if nothing else. You know,
(24:13):
Michelle Bachman was on last week or the week before,
and she said, are you kidding me? Israel's what's right
in the Middle East, not what's wrong. How frustrating it is.
I can tell you this that when all of this started,
my first thought was, I don't fear for Israel, fear
for America. Israel is united, Israel is prepared. We are not.
(24:36):
But it is very frustrating, and it's a very simple thing.
It's siding with good and against evil. Your final take
on you know who the good guy is and who
the bad guy is, and how my listeners can help
stand with the good guys, which I think is Israel.
Speaker 8 (24:54):
Wow. Well, this is a spiritual war that's affecting all
of us. We can see it through politics, but it's
something spiritual. There's a darkness that's coming over the world,
just like the darkness that happened in different generations like
the Holocaust and communism, and it goes.
Speaker 9 (25:08):
All the way back to the scriptures.
Speaker 8 (25:09):
With Amalik and Wicked Hayman that the answer.
Speaker 7 (25:13):
To darkness is faith is light.
Speaker 8 (25:16):
And I believe it's able to infiltrate our children and
our grandchildren because there is a lack of biblical knowledge.
So the answer to this darkness, the answer to the
spiritual warfare is to pray, is to study scriptures and to.
Speaker 9 (25:32):
Exactly as the scripture say, feed.
Speaker 8 (25:34):
The hungry, clothe the naked, shelter the poor, to pray
for the peace of Jerusalem, and to.
Speaker 7 (25:39):
Be those watchmen on the walls.
Speaker 1 (25:42):
There's an Old Testament script when the enemy comes in
like a flood, God raises the standard against him. I
believe God's in the business of raising the standard even
as we speak, and I choose to stand with Israel,
and I encourage our listeners to do the same. Our
thoughts and prayers are with you. That's meaningless. I want
people to go further than that. You have the resources
to meet these needs. God bless you, God protect you,
(26:04):
and keep you safe until we talk again. Ya yel.
Speaker 7 (26:09):
Amen.
Speaker 8 (26:09):
Thank you so much. And if anyone wants to join
this effort right now that's happening and be part of it,
they could go to www. Dot IFCJ dot org.
Speaker 1 (26:18):
I'll do you one better. I'll handle this cell for
sixty seconds. I FCJ President Yalel Extein my honor to
have you stay safe. God bless Thank.
Speaker 7 (26:28):
You so much, God bless you.
Speaker 1 (26:30):
All right is Operation Epic Fury intensifies. The world is
bracing for what's coming next. People of faith are praying
I hope that's you, and praying for freedom and protection
of Israel. I want to talk to you about what's
happening in the Holy Land, and that's kind of what
this interview was about. It's a much different experience. When
the sirens go off, the bomb shelters, the neighborhoods are
(26:51):
yours that are being bombed. The certain the uncertainty is
yours in the area you're in. It's a serious threat.
It's not an abstract idea of freedom and faith. It
is what they're actually depending upon at this moment. And
part of that dependence is on you. Not asking you
(27:13):
to take a political position, but I'm asking you to
stand by in a covenant. God's people and the International
Fellowship of Christians and Jews is grounded on the ground,
prepared for large scale distributions that have already begun. This
is life saving food, first aid, emergency essentials for security personnel,
stocking hospitals, emergency rooms, and taking care of the most vulnerable,
(27:37):
the sick, the elderly, the children, the famili's and greatest need.
You can go beyond a political position and help rush
your gift by calling the IFCJ today at eight eight
eight four eight eight. IFCJ, any amount will be grateful
eight eight eight four eight eight. IFCJ, don't just stand
by in spirit, stand by in resources. You can also
(28:00):
give securely unline at i FCJ dot org. That's IFCJ
dot org. It's your morning show with Michael del Chno.
This is your morning show. Can't have it without your voice.
Speaker 11 (28:12):
Oh big John, looking forward to that Kenny Albert interview, Mike,
I got a cool little story. We used to go
into the Ranger Games in nineteen eighty Marv Albert was
calling the games. We were like, who is this twelve
year old kid with a clipboard next to Marv Albert? Well,
that was Kenny Albert and that was a great time.
Speaker 1 (28:31):
Well. Yeah, when I when I think of hockey, I
think a lot of John is like Forrest Gump of
our show. He is at every historical well. I can,
I can out force, I can out Forrest gump Am
on this. Okay, when we talked to Kenny, I'll bring
this up. But Marv Albert was my father's sports guy
in Syracuse, New York. Now that's how far that goes to.
(28:52):
And my dad was shortly he took the place of
Tick Clark in Syracuse, New York. Tick Clark would go
on or Albert would go on. But yeah, and so
you know we used to always I would say Marv
Albert was the official voice of NERF basketball upstairs in
my bedroom for the Jay. And we'll get to talk
(29:12):
to Kenny on Monday, all right, if you're just waking up.
The War Powers resolution that would have halted President Trump
from using further military action against Iran failed to pass
in the Senate. We had the hearing with Keith Ellison,
the Attorney General of Minnesota, the Governor Tim Walls of Minnesota,
just getting shelled by Congress over the fraud and funding
(29:35):
of terrorism out of Minnesota. It was a really deceitful
day for Keith Ellison. I expected that I really, I
can't pile on more than the questioners did but yeah,
Tim wallas Is just didn't come across very bright. I'll
leave it at that. Meanwhile, the Iranian vessel sunk by
(29:56):
a sub that's the first torpedo since World War Two
that has been fired to take down a ship. It
was off the coast of Sri Lanka. It was an
Iranian vessel and it is now at the bottom of
the Indian Ocean. And as I mentioned, the war powers failing,
and we still while we should be funding fully TSA
and Homeland Security, we're harassing Christy Nome and Homeland Security REHD.
(30:20):
Can you turn your microphone off? I'm hearing your phone
and everything else. Roy O'Neil, our national correspondence here, all right, Ry.
The dilemma is we got to get crude flowing and
through the strait of horror moves. You're still one of
the few people that ever bring up the truth of
the matter is it's the insurance companies that need to
know it's safe before they're going to allow it. And
yesterday we discussed the possibility of naval escort.
Speaker 12 (30:42):
Where are we at today, right, and the Trump administration
trying to set up a kind of backstop insurance program
for these vessels. Remember, twenty percent of the world's oil
flows through the Strait, twenty percent of the world's liquefied
natural gas LNG, a lot of it bound for Asia,
in particular South East East Asia India as well. And
I think I mentioned this before. About thirty percent of
(31:04):
the world's fertilizer also goes through this area, which could
be an issue now that we're into spring planting season,
So that's something to track. If this drags on, If
this is something that's four to five weeks, okay, not
so much of a big deal. But if this is
something that drags on and takes longer, obviously a greater impact,
perhaps even sort of recessionary on Asia.
Speaker 1 (31:28):
Do we know exactly like yesterday we were discussing. Apparently,
according to Pentagon, we have a list of objectives for
when we know this will be over. The President projected
early on about a four week campaign and oh, by
the way, forget shock and awe, some of the more
intense fighting will be later in that four week period.
(31:49):
Then we find out whether ahead of schedule. We don't
know if that means a day or a week or whatever.
What is it The insurance companies are looking for before
they would ease their apprehension.
Speaker 12 (32:00):
Well, Iran, what's left in the IRGC are threatening to
attack any ship essentially doing business with the USA, Europe
or Israel, and those would be the ones targeted. They
claimed that they would let any ship, say going for
China or South Korea, would be allowed to sail undisturbed
along this twenty one mile stretch, but the insurance companies
(32:23):
just aren't buying it.
Speaker 1 (32:24):
I think it's a bit of a wait and see.
Speaker 12 (32:25):
You know, a week from now we may be in
a very different place, because it's not just that the
Iranian Navy is now at the bottom of the sea,
it's that they can use drones. We know they've got
lots of drones. They can use other technology to disrupt GPS,
so the ships don't know where they are in the Strait,
and obviously that could be very dangerous for positioning. And
(32:47):
we saw how Ukraine was so good at using these
water based drones essentially little remote controlled boats to deliver
small explosives, and they took down the big ships in
the Black Sea of the Russian Navy using these remote
control boats. Maybe the same tactic could be used here.
So even protecting these ships is going to be difficult,
and the US Navy ships that would be involved in escort,
(33:10):
it's a little busy right now.
Speaker 1 (33:12):
I think what we need more in any is I mean,
nobody wants to be that first one, right would you
want to say a lot and find out. But what
we need more than ever is one to go through.
And you know, but I don't know, I think it's
you know, I don't think it's a long term problem.
I'm just wondering how long the short term is. And
we spent a lot of time talking about those that
(33:32):
were trapped. You know, I did go back through my
notes and we had Bibi net Ya who come to
the White House. That was a clear sign something was coming.
We had the conversations and negotiations that didn't have any breakthroughs.
That was a clear sign. Then we had the ships
get in place that really felt emminent at that point.
And then the warning for American citizens to avoid the area,
(33:55):
and that was about during the Olympics. I don't know
if it was two or three weeks prior, but there's
a lot of Americans in this area and getting them
out is the new sense of urgency, and we're going
to use the military for that as well.
Speaker 12 (34:08):
That is one of the options the secretary or the
Press Secretary, Caroline Levitt saying, essentially everything is on the table,
charter flights, commercial flights, even military flights. Another red flag
you mentioned should have been the Olympics, that sort of
it would have been bad form to launch an attack
during the Olympics. So the idea was that once those
games were over, that was going to be another benchmark,
(34:29):
and perhaps the US and Israel taking this action.
Speaker 1 (34:32):
Got a lot to keep our eye on, and we
got a lot of smart people keeping an eye on it.
For you, Rory O'Neil, just one of them, Thank you, Rory.
All right one tomorrow obviously, Parady with forty seven is
always a big feature Monday, Kenny Albert will be joining us.
He's out with a new book. You tell you what
fascinates me most about Kenny Albert is to talk to
somebody that is so good, good at football, good at hockey,
(34:56):
good at Olympics. You know, I would think nothing for me.
I can't imagine anything harder than hockey. It's just so fast.
The names, I mean, it's like worse names than tennis.
In different shifts, constantly coming out and off the ice.
But he's out with a new book about all the
(35:19):
sports and all the sports casting over a lifetime. We
are looking forward to that, all right, One chance to
live This Thursday, March the fifth. Go make a difference
in someone's life. Cherish your own. We'll see in the morning.
We're all in this together. This is your morning Show
with Michael Nheld, Journo
Popular Podcasts
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
The Clifford Show
The Clifford Show with Clifford Taylor IV blends humor, culture, and behind-the-scenes sports talk with real conversations featuring athletes, creators, and personalities—spotlighting the grind, the growth, and the opportunities shaping the next generation of sports and culture.