The fed, the political narratives and the true economic reality…three different things!
The market makes huge gains as the Fed chooses to hold rates steady. We asked economist and money wiz David Bahnsen what it all means.
Jonathan Roumie, Jesus from “The Chosen” joins us to preview season five release in theaters nationwide on March 28th…don’t miss our visit and season five preview.
President Trump has brought about a dozen oil industry executives to the White House to discuss his energy agenda – meanwhile, the Federal Reserve has met to discuss interest rates. What is ahead for the economy and inflation? National Correspondent RORY O’NEILL is here with the story.
See omnystudio.com/listener for privacy information.
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
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 Patriot in 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
(00:21):
us for the podcast. Well 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 gill Charman. March Madness for Real
(00:41):
starts this afternoon as sixty four will make their journey
to one a national champion. Good luck to your team.
All right seven minutes after the hour, Welcome to Thursday, March,
the twentieth year of Our Lord twenty twenty five on
the air, streaming live on your iHeartRadio Apple. Question of
the day is who do you have winning at all?
(01:02):
I got Florida, What say you? We'll use the talk
backline to hear from you. World Happiness Report is out
once again, Finland is the happiest country to be living in.
That's okay, I'll stay here. An executive order is expected
to be signed by the President today aimed at eliminating
the Department of Education, or at least the bureaucracy and
waste and control inside the beltway of the Department of Education,
(01:24):
and the FED chose to hold raat steady despite some
signs that the economy could be slowing again. When it
comes to the economy, people pretty much, you know, are
in a matrix over politics. You know, in other words,
you have one side that lives in their bubble, one
side lives in their bubble. It's us versus them, and
(01:46):
of course it's ridiculous. It's like sitting on a plane
rooting against the pilot. But when it comes to the economy,
I think there's a disconnect and a desperate need for interpretation,
focus and understanding. So whenever we have these kinds of things,
I'm so grateful that we got David Bonson from the
Bonson Financial Group. He also presides over a Dividend Cafe,
(02:06):
which is a weekly blog if you will, and then
he's here with us every Thursday. So because we want
to get beyond the politics of this and really understand
the economy and understand how it's going to impact us
US all. So, the left narrative right now is that
Donald Trump inherited a great economy from Joe Biden and
he's doing nothing but trash it. So we bring David
(02:29):
on to kind of understand really, was it a great economy?
Is it really being trashed? What's real and what's political narrative? David,
good morning, Good morning, Michael. Good to be with you
as always. Yes, all right, So what do you make of, first,
the Fed's move to hold right steady. Well, there was.
Speaker 2 (02:47):
A one hundred percent chance coming into the meeting that
that's what they were going to do. That futures market
prices these things in ahead of time, and the Fed
more or of us has told us for a month
or two that there wasn't going to be any change
this meeting, so.
Speaker 3 (03:00):
That was no surprise.
Speaker 2 (03:01):
They did reduce their level of quantitative tightening, which is
a fancy term for the way that they are affecting
bank reserves. They have a huge balance sheet of bonds
that the FED has bought. It's one of the tools
they use in monetary policy and they've been reducing it
by about twenty five billion a month. They're now going
to reduce it by five billion a month.
Speaker 3 (03:24):
So that's the Fed.
Speaker 2 (03:26):
It's a backdoor way of cutting rates without cutting rates,
of easing monetary policy a little bit, but nothing dramatic
and no big surprises.
Speaker 1 (03:36):
So we have quantitative easing quantitative tightening. I've never really
caught that before. How does that affect us the buyer
to borrow or the consumer.
Speaker 2 (03:49):
It's one of the biggest things that has happened since
the financial crisis. Japan had done it for years. But
when you get your interest rate to zero, how do
you ease more? How do you make things easier for borrows?
When the interest rate is already at zero. So Japan
came up with this idea where the central bank of
(04:10):
the country would buy treasury bonds in Japan's case, you
know Japanese bonds. But our set, our FED began buying
treasure bonds from banks, but they were doing it with
money that didn't exist.
Speaker 3 (04:26):
So they would credit the.
Speaker 2 (04:28):
Bank dollars and the bank would give the bond that
they really had bought to the FED.
Speaker 1 (04:35):
And in a.
Speaker 2 (04:36):
Way, it was for the FED to put more money
in bank reserves with money that didn't exist, but it
was not at all inflationary because the money just stays
on the bank's excess reserves. So it provides liquidity in
the financial system, but it doesn't circulate into the economy.
And so it's a way of bringing interest rates down
(04:58):
when you already have your or short term rate at zero.
And I know some of the stuff gets wonky and complicated,
but you know, the FED had about five or six
hundred billion dollars of bonds before the financial crisis. It
was a very very small percentage of total national debt.
They now own about eighteen or nineteen percent of the
total national debt.
Speaker 3 (05:19):
Now in Japan they.
Speaker 2 (05:20):
Owned well over fifty percent of it. The central bank
is the major buyer. But we ended up buying about
four trillion dollars after the financial crisis. Then they started
getting it down a little bit before COVID. They ended
up reducing by about five hundred billion, and then COVID
came and they added five trillion more. So at one
(05:42):
point the Fed's balance she got up to almost nine
trillion dollars and they have since reduced it by over
two trillion, which I think is very good, but they've
not even gotten it close to back to what it
was after I mean, excuse me, before COVID, let alone
before financial crisis.
Speaker 3 (06:00):
We will never ever ever get it back to where
it was before the financial crisis.
Speaker 1 (06:03):
Yeah, some things never get back to normal, all right.
So yesterday and the media seems fascinated with this. The
FED and as you mentioned, one hundred percent chance they
were going to do it, but the way the media
presents it is shockingly They hold raid steady and the
markets seem to love it, and the market rose. You
want to connect those dots if they're at all related.
Speaker 3 (06:22):
It's just so stupid. I can barely handle it.
Speaker 1 (06:26):
But it up for it.
Speaker 3 (06:28):
But no, there was nobody's surprise.
Speaker 2 (06:30):
The market was not responding because the Fed hell rates steady.
Markets are never responding to the current event. They're always
responding to the future event. And the more people understand this,
the more qualified they will be than media prognosticators. Markets
are what are called discounting mechanisms. They're pricing in today
(06:51):
where they believe about the future. So the only thing
that means markets when the FED makes an announcement that
is one thousand percent already known and priced before or
that that makes it The only thing markets are doing
is responding to what he says about the future. Right,
And because Pale had a tone that was very clear
that they do intend to continue cutting rates this year,
(07:13):
markets were very obvious in the tone, the language, etc.
That the FAD will be cutting two to three more
times this year.
Speaker 3 (07:23):
And I think that the market also liked that.
Speaker 2 (07:25):
Basically, pal linked and nodded about the tariffs that yes,
the tariff threat will be inflationary, but we're going to
be willing to pretend that it's not and stay on
our course of cutting rates.
Speaker 1 (07:39):
David Boson is our money was an economists joining us.
One thing that might be real, real enough to ask
the question and mean it. The uncertainty of the issue
of the tariffs. If it's negotiation and temporary, that's one thing.
If it's a permanent destination, that's another. And I don't
know if the market knows how to read those tea
(07:59):
leaves at.
Speaker 3 (07:59):
All, well, it certainly doesn't. I am in Washington, d C.
Right now.
Speaker 2 (08:05):
I spent half of my day yesterday and meetings at
the Treasury Department, and I am not totally convinced that
the administration.
Speaker 3 (08:13):
Knows exactly what the goals may.
Speaker 2 (08:16):
Be, and there is a situation in which the Commerce
Department is driving a lot of the planning for this
April second announcement of what the reciprocal terarists will be.
And I came away yesterday feeling that I really wish
it was the Treasury Department driving the ship, not Commerce.
But by the way, explain what you mean by that,
(08:39):
by the way, because that's fascinating.
Speaker 4 (08:42):
Well.
Speaker 2 (08:42):
Secretary Howardtnik is the Secretary of the Chamber, excuse me,
of the Commerce Department. Scott Besson is the trust of
the Treasury Department. And I believe that Secretary Besson understands
the dangers of uncertainty and financial markets and the way
in which these things can become self fulfilling prophecies, where
you do economic damage by not giving clear signals to
(09:07):
economic actors as to what you're doing. And I don't
know that I believe our Commerce secretary understands that or
cares about it.
Speaker 1 (09:15):
I think that there is.
Speaker 3 (09:16):
A prize put on chaos.
Speaker 2 (09:18):
There's sort of this view that this is helping us
to be so chaotic, it's keeping everyone on their toes
and and that kind of mentality plays well on Twitter.
Speaker 3 (09:29):
It might even play well in a campaign.
Speaker 1 (09:31):
It definitely plays well play well on Wall Street. Uncertain
is the one thing that always well.
Speaker 3 (09:37):
On main It doesn't play well on Main Street either either.
And that's the point.
Speaker 2 (09:40):
That's the point that Secretary Beston understands that if all
we were doing is, oh boy, these stock market speculators
don't know what to do, nobody would care.
Speaker 3 (09:48):
And probably you could argue nobody should care. But see,
that's not really the point. It's not Wall Street, it's
the real economy, is it wall Street?
Speaker 2 (09:56):
When we're talking about a small business trying to decide
if they need to invest new inventory or a new plant,
or invest in a new factory, what their order flow
is going to be, what their industrial production. See, there's
so much uncertainty on Main Street that small business, mid
sized business. I think that one of the things I
hope will change by the time I die is the
(10:19):
idea that Wall Street is a euphemism for greedy money
people that don't matter, and the main Street is where
the real stuff happens. You know, all wall Street is
doing is making capital available to main Street, right, And
advising and trading and and and and you know, constructing
the capital uh formation that is going to be.
Speaker 3 (10:37):
Needed in real life business.
Speaker 2 (10:38):
So that dichotomy is really a kind of Marxian notion.
Speaker 3 (10:43):
And I get why politicians say it.
Speaker 2 (10:45):
I get why Bernie Sanders says it, and I even
get it why the populist right.
Speaker 3 (10:49):
Will say it sometimes.
Speaker 2 (10:50):
But when you're making policy, it would be helpful to
not I guess that's where I'm saying secondary bevesting.
Speaker 3 (10:56):
In the Treasury Department.
Speaker 2 (10:57):
I think they realize what's happening in our financial markets
matters to main street, and I'm not sure that some
of the.
Speaker 1 (11:02):
Others understand that. Because if you're running a business, even
bad news, bad things are certain, and you can prepare
and you can lead accordingly and act accordingly. Uncertainty just
freezes you, and freezing is never a good thing. Not
of growth is the goal. Closing moments with David Bonson
bonson Financial Group, Our money was this whole left narrative
(11:24):
that the president inherited. I love how they like to
view the economy in terms of presidential terms. I don't
think that's how the economy works. They happen to just
reside while the economy is happening during those But this
notion that the economy was great from Joe Biden handed
off to Donald Trump and now he's trashing it. Would
(11:44):
you even measure it that way, nor would you come
to that conclusion.
Speaker 2 (11:48):
Yeah, So the reason I wouldn't come to that conclusion
is because I wouldn't measure it that way. And so
I am stuck with making everybody upset here. But I'm
never going to lie to you, and I'm never going
to lie to our listeners. Of course, a lot of
the econ of me was pretty good a few months ago.
If you define an economy, how our wages doing, They're
going higher. People are making more money, how our jobs
(12:10):
doing most people, most who want a job have one
that's pretty good. And how our corporate profits going. Our
company is making more money.
Speaker 3 (12:17):
All three of those things were going higher.
Speaker 2 (12:20):
The negative parts are well documented because of a big
bird flu outbreak.
Speaker 3 (12:24):
Aid prices were higher because of years and years and years.
Speaker 2 (12:27):
Of bad policy, but we're exacerbated in more recent times.
Housing prices were way too high, which drove inflation higher.
There were negatives, but a lot of them were secular, structural,
long term. You know this notion that the economy is
great and now Trump's come in and tinked it.
Speaker 3 (12:48):
The problem with it is it's based on a premise.
Speaker 1 (12:51):
Of before that's political.
Speaker 2 (12:53):
That goes into a conclusion now that's political, instead of
just saying, you know what, there were good and things
before a politically, and there are good and bad things
now a politically.
Speaker 3 (13:05):
But what I'd like to know is the people on
the left that are critiquing the Trump economy. See, I'm
on the right, and I'll critique the Trump economy.
Speaker 2 (13:11):
First thing I'll say is it's not the Trump economy
because the president doesn't own the economy.
Speaker 3 (13:15):
This isn't an imperialist state.
Speaker 2 (13:17):
But second of all, on his policy, will they say
the tax cuts and deregulation and energy independence are good,
because I'll say it.
Speaker 3 (13:25):
I'd like them to say it.
Speaker 1 (13:27):
But then I will say the part.
Speaker 2 (13:29):
They're saying that, I think tariffs are bad, and I
think uncertainty is bad, and I think chaos is bad.
Speaker 3 (13:35):
So I guess what I'm trying to get at. As
many on the right are willing.
Speaker 2 (13:38):
To call balls and strikes, there are good and bad
policy things that President Trump is doing, and will have
to own and if we do end up having a recession,
and if it is largely attributable to uncertainty, chaos, tariffs,
then then he will own it politically and otherwise. But
I guess my problem is those that want to but
(14:00):
one hundred percent of blame in one camp and one
hundred percent of credit in another.
Speaker 3 (14:04):
It destroys credibility.
Speaker 2 (14:06):
And I feel qualified to point this out in the
left because I try very hard, Michael not to do
it as a guy on the right.
Speaker 3 (14:13):
I didn't do it to Biden.
Speaker 2 (14:15):
Will there be a bad jobs report and my friend's
conservative friends, I'm on Fox, and we'd be in the
green room and guys and start going, oh, Biden, look
at this bad jobs report.
Speaker 3 (14:23):
I guess the weirdest instinct.
Speaker 1 (14:25):
I've ever heard.
Speaker 2 (14:26):
You know, like, if your favorite college basketball team wins
this week, are you going to say, see, because Trump's president,
my team won, or or you know, when Biden's president,
my team lost, It's Biden's fault. That's an irrational, ridiculous
way to think. It's even more irrational when it comes
to the economy, when it comes to three hundred and
thirty million Americans acting policy is real, but this politicization
(14:48):
stuff drives me crazy.
Speaker 1 (14:50):
It's your Morning Show with Michael del Jono. He joined
the conversation. It's your Morning Show with Michael Duke Johna.
This is Bryan Opa Wisconsin. I got the Florida Gators
(15:15):
to take it all on with you piece of boys.
Speaker 4 (15:17):
Yea, Big John has Saint John's and Alabama as the
final two. With Rip Patino and the Redmen, it's going
down the nets.
Speaker 1 (15:32):
That's a bit of a stretch. I've got Saint John's
losing in the Elite eight and not making it. I
just don't think anybody can. I don't think anybody in
that entire West region can beat Florida Auburn. It's gonna
take Michigan or Michigan State to bring them down. If
Duke goes down, it's gonna have to probably be Alabama,
(15:53):
maybe outside Arizona, but I don't think it's possible. And
for Houston to go down, well, it's probably gonna take
the Tennessee Balls take them down. I got all four
ones making it to the final four, and I got
the Gators Chomp tomp win it it all. Keep letting
us know who you think. March Maddis gets underway today.
Who do you think is gonna take it all? But
it's all over? Use a talkback button on your iHeartRadio app.
(16:14):
All right, quick break, We come back. Jonathan Roumy Jesus
from The Chosen on season five. He visits with us next.
Don't miss it, stay with us. Hey, this is John Watson.
My morning show is your morning show with Michael del Jorno. Hey, Gang,
(16:34):
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
and Sacramento, California. Love to have you listen live, but
(16:56):
are grateful you're here now for the podcast Enjoy. We
are taking baby steps towards peace with Russia and Ukraine,
but some giant leaves backwards and the Gaza between Israel
and Hamas and executive order is expected today to be
signed by the President that will start the motions of
dismantling and eliminating the Department of Education, but Congress and
thus by way of you, we'll have the final say.
(17:19):
And it's the most watched show in the world, hands down,
two hundred and fifty million viewers. I'm a huge fan
from the Hallo app as well as his portrayal of
Lanie Frisbee in The Jesus Revolution and of course Jesus
in The Chosen getting ready to start its fifth season.
You're lucky to be listening right now as we say
(17:41):
hello to Jonathan Roomy, Jonathan, So great to meet you. Morning, Michael,
how are you. I'm doing wonderful. We pray together a
lot on the Hollowed app, so I feel like I
know you. You know, if we had set out for
a goal and we all have this commission, go forth
into all nations to make disciples of all men. I
(18:02):
was sitting here thinking before you came on with two
hundred and fifty million viewers and translated I don't know
six hundred subtitled languages, one hundred dubbed languages. We're working
forwards six hundred.
Speaker 5 (18:15):
We're translated in one hundred languages currently, but the goal
ultimately is to get to six hundred languages.
Speaker 3 (18:22):
Who we are.
Speaker 1 (18:23):
We're currently the most translated television show in history. Who
who knew a great television show could fulfill the great
commission we're trying, man.
Speaker 5 (18:32):
You know, that's we feel very passionate about that fact
to spread this story to every corner of the globe.
And we actually know for a fact that early on
the show, when we were just streaming on our own
native app, the show was downloaded in every country on
(18:52):
the planet, including Antarctica. So there's somebody in a lation
probably hanging out in the snow watching episode of the Chosen.
Speaker 1 (19:02):
You know, one of the It's one of the great
success stories ever. But I mean to think this is
an indie project. I mean, with the message that sends
to the industry.
Speaker 5 (19:12):
Too, let alone the wall, it's been a lot of
folks over in Hollywood have been quite baffled about how
we've pulled this off and continue to pull it off.
But we've have the greatest fans in the world, and
we're telling the greatest story in the world. So it
kind of makes for you know, an obvious result with
with how it's been received, so kind of an brainer.
Speaker 1 (19:34):
So what has this done to your life? I mean,
I know, you know, we we breathe in faith through
our relationship with God, through His living Word, through transforming
and not conforming all those buzzwords and things we talk about,
and then this happens to you. It's got to be
very rewarding from a from a from a standpoint of
(19:55):
living your faith. But it's I mean, this is an
extraordinary amount of fame to that is often warned about
in the Bible.
Speaker 5 (20:03):
You know, I think the Lord knew what he was
doing in allowing me to struggle for twenty years as
an actor before actually finding true true you know, career
success with this project and then to to be able
to sit down and talk about this role, uh, with
(20:26):
the widest variety and the the i'd say, the the
most interesting gamut of shows from you know, doing Tucker
Carlson one day and then The View the next day,
and then Jimmy Fallon just two days ago. It's been
it's been an extraordinary adventure.
Speaker 1 (20:48):
And I'm just uh and now and now and now
your morning show is it spirals down? All right?
Speaker 5 (20:54):
John Jonathan Man, You're awesome. I mean, like people need
to hear what you're saying to them and the voice
that you provide for them, and oh, thank you.
Speaker 1 (21:05):
It's all part of it. So thank you for having
me listen. Look, I know my place in the kingdom.
I'm no Jonathan Rumy. I loved you. By the way,
in Jesus Revolution. Did that surprise you? What a you know?
Because it was such a sweet empower I always say this,
we've gotten away from testimonials. I love the old man
in the Bible. They're all bickering and fighting politically and
(21:26):
this and that, and he's like, I don't know who
he is. All I know is I was blind. And
now I see we've gotten away from testimonials. And that
was a powerful testimony in the Jesus Revolution at a
time we're on the brink of a cultural shift and
maybe even revival and revolution. And your role in that,
oh my, you were terrific. Thank you so much for me.
Speaker 5 (21:50):
That was such a beautiful story and the potency of it.
And I agree with you, Michael, I think we are
on the cusp of another revill especially in culture and media,
and it's something that I think people have been praying
for and it's really taking shape in so many ways.
(22:15):
Nowhere where you see other celebrities like that have been
in the secular side of business their entire career are
now stepping forth in faith and hopefully, you know, this
is something that is just trending upward.
Speaker 1 (22:31):
And more people will feel compelled to do. I mean,
it's funny. I was just going to say, it's definitely happening.
I have children. I have twenty year old daughters that
are at university sophomore year. I've got a son graduate
high school. Obviously, I've been born again since the tail
end of the Jesus Movement in nineteen seventy eight. My
number one priority was my marriage because I knew that
(22:53):
I can never love my kids more than I love
their mother, and then they were my second priority. Obviously
them having a heart for God, having a personal relationship
with Him was my greatest dream. I did the best
to live an example. I guess I gave some pretty heady,
long Bible studies that have premature, too young of an age,
that bore them stuff. But it didn't matter what we did.
(23:14):
There was just a measure of faith this young generation's
been born with. And it gives me pause too, because
it makes me wonder what God's preparing for them to live.
But I'm noticing there's something different in this young generation, Jonathan,
and I think that's a lot of what you know,
us older baby boomers are loving the chosen and we're
(23:34):
embracing it, but so are the young people. For such
a time as this does this seem to be the
right message in vehicle. There's something bruin, isn't there. That's
I mean, that's amazing to hear and so encouraging. Michael,
Thank you for sharing that with me. And I agree
with you.
Speaker 5 (23:49):
You know, I have younger nephews that are teenagers now,
and there is a predisposition to faith and to God
that they possessed that even I didn't even have it
at that level. And you know, you wonder that when
the pendulum swings so far in one direction for the
other way, can it not ultimately return back to that
(24:11):
same that the original direction. And you know, faith, if
faith was the Jesus Revolution was an example of faith
in one direction in an extreme sense, in in a
culture wide capacity in the seventies.
Speaker 1 (24:28):
After having swung so far away from that.
Speaker 5 (24:31):
Up in the last twenty years now, I think we
see this dependulum swinging back the other way, and I
think ultimately you know, people must return to God with
their whole hearts, because that's that's what's asked of us
as as as a race, as a creation.
Speaker 1 (24:47):
And if the seventies proves anything, it was it was
across denominations. I mean, it was a cultural movement from
the hippie movement became a cultural revolution, then the spiritual revival.
My grandmother got said to the charismatic movement in the
Catholic Church. Then it comes back through me and a
coach by way of Assemblies of God. I mean, it
(25:09):
was a cross denomination. It was cultural leading to a
spiritual revival. I don't know that we've reached spiritual revival,
but boy, it's bubbling and brewing. And the role that
you're playing in that. Jonathan Rumy is joining us. And
again we're going to get to the chosen season five.
But real quickly. Everybody knows you play Jesus. Everybody knows
your work and hollowed in the app the movie Jesus Revolution.
(25:32):
What's your personal walk? How did you get from the
streets in New York to the Kingdom of God.
Speaker 5 (25:37):
Well, I was baptized Greek Orthodox as a baby in
New York City and then when we moved out to
the suburbs of New York, we you know, finding a
Greek Orthodox church was difficult.
Speaker 1 (25:51):
Difficult.
Speaker 5 (25:52):
Yeah, So my father, being a Christian from Egypt, having
gone to Catholic school as the only option really for
Christians in Egypt, he decided that, you know, there was
a Catholic church just down the street. He was well
familiar with the format of the masses and practicing of
(26:13):
the faith to an extent. My mother from Ireland is
Roman Catholics, so it just seemed like a natural fit.
There wasn't any hemming and hawing or any We didn't
have to go through any kind of conversion. The baptisms
are recognized by the churches, so we just started going
to Catholic church. I made my first communion and my
(26:33):
confirmation as a Catholic. And you know, as I got
into my teens and then my twenties and watched my
cousins in the Orthodox faith start to get married, and
really for me was kind of a return to the
culture of Orthodoxy. As much as romantic as it is,
(26:54):
as beautiful as it is, as sacred the liturgies are,
and as unique as it is, I never felt God
pulling me back to the Orthodox Church. I just sort
of felt like, no, I think I'm good, and I
just kind of hung in there. And obviously, once I
left New York to move to LA to pursue acting
(27:17):
full time, the first thing I did was was find
the church, and I think my faith, funny enough, really
started to grow in Los Angeles, where it's not part
of the culture really.
Speaker 1 (27:29):
You know, like you find it.
Speaker 5 (27:30):
The people that go to church are serious about church,
and so I found the community there and my faith
continued to grow, and I started an entertainment ministry ultimately
in Beverly Hills, which which ran for about seven years.
And all that time I struggled to work as an
actor until I had The Chosen and then things really changed.
Speaker 1 (27:52):
Funny how you get your faith in line. You focus
on God, get everything straight, and he starts doing the
heavy lifting in life. And now you're a household name
j and Roomy is Jesus in The Chosen Season five,
coming the Last Supper. That's going to get dramatic. What
I love is we talk about denominations, we talk about
political differences in partisanship. In this story, we avoid all that.
(28:14):
The focus gets on Jesus. From the perspective of the Apostles,
they think they're getting a king. Something else is brewing.
This is a magical season and it all starts in theaters.
That's different.
Speaker 5 (28:24):
Yeah, yeah, we well, we dare to be different.
Speaker 1 (28:27):
I mean we are.
Speaker 5 (28:28):
One of our phrases is get used to different. That's
It's something we tend to do pretty well. I think
for us on a practical level, you know, doing releasing
theatrically helps us fund the rest of the series since
we are an independent TV show. But on on a
(28:49):
cinematic and an artistic level, the show is meant to
be seen in theaters. In fact, the first time it'll
be it is the first time it will be actually
screened in Imax as well at select theaters.
Speaker 1 (29:01):
So every season we seem to be able to have this.
Speaker 5 (29:05):
You know, God grants us the ability to level up
our production values and the cinematic I love it.
Speaker 1 (29:11):
I love it because what would be what was necessary
for funding became your uniqueness. In a sense. Explain to
them how it works, because you know, what do I do.
I go sit there and I get every episode of
the season. Explain.
Speaker 5 (29:22):
So basically, March twenty eighth, you have Part one. We
break up season five into three parts. Part one episode
is the first two episodes March twenty eighth, and then
Part two's episodes three, four, and five, which begins April fourth.
Speaker 1 (29:37):
If you've missed.
Speaker 5 (29:38):
Part one, they'll still be there, so you can kind
of binge the first two parts, and then on April
eleventh through Easter weekend, we will have Part three.
Speaker 1 (29:48):
Which is episode six, seven, and eight.
Speaker 5 (29:51):
And if you've still not seen the first five episodes,
you can binge the entire season of five in theaters
over Easter weekend from starting from the eleventh.
Speaker 1 (30:04):
So probably one of the only ways you get me
and see me at a theater, and I look forward
to it all Part one, Part two, and Part three.
Jonathan Rumy is Jesus in The Chosen. Season five debuts
with Part one in theaters on March to twenty eighth.
If you have never seen The Jesus Revolution, you need
to see it. Kelsey Grammer does a terrific job in
that movie. You play Lonnie Frisbee through the roof, And
(30:26):
of course we look forward to this debut and I
just wanted to personally say to you, and by the way,
when you and Mark walked us through the C. S
Lewis month. Oh I followed boy to introduce C. S
Lewis to this generation in the way that you did.
Thank you so much. What you're doing for the Kingdom
of God, what you're doing for the what they think
is a kingdom of entertainment. I wish you nothing but
(30:48):
the best and the continued transformation and success that you're enjoying. Jonathan,
I love you, my brother. Thank you, God bless you. Michael.
What an extraordinary guy, terrific actor. There's no question, you know.
You see this sometimes as people get older, you stop
living in reality, you stop living forward, and you start
looking back. Your best days are behind you and your
(31:09):
focus is behind you. We talked earlier about the illusion
that people are watching Fox, MSNBC, CNN. They're not not
compared to Joe Rogan or Theo Vaughan. I mean, and
the young generation, like Robert DeNiro is coming out with
a movie Alto Nights this weekend. Nobody's going to go
if you're still living like Robert de Niro is the
(31:30):
it guy, he's the influential. He's not Jonathan Roumy is
two hundred and fifty million viewers. That's the reality. What
an impressive I mean the making of the Messenger is
always so revealing to the message and how he was fearfully,
wonderfully made and journeyed and created by God for such
(31:51):
a role as this such a time. Is this one
of my favorite visits ever? Jonathan Rumy don't miss the
Chosen in Theaters Part one, March twenty eighth, Part two
April fourth. How about the timing of part three April
eleventh through Eastern This is your Morning Show with Michael
del Chrono. Just got this text from one of my
(32:12):
favorite songwriters and contemporary Christian artists ever, Gary Chapman. And
now you, my friend, have a personal relationship with Jesus
by way of Jonathan Movie, everybody this smart? Alec all right?
Fifty five minutes after the hour, the Fed holding interest
rates steady. An executive order expected today from President Trump
(32:34):
aimed at eliminating the Department of Education or the waste
and bureaucracy and control thereof. Ultimately, Congress will have the
final say, and the sixty fourteen March Madness begins today Wisconsin.
For our listeners of your morning show Interest Tennessee Saint
John's and Michigan all in action as the march madness
begins for real. President Trump brought about a dozen oil
industry executives into the White House to discuss his energy agenda. Meanwhile,
(32:58):
the Federal Reserve has met to discuss interest rates. Keeping
an eye on all of that is Roy O'Neal, and
he gets the final story, A good morning, Roy. Hey there, Michael,
good morning. Oil going in the right direction. But what
was the take of the meeting? Essentially, they're talking about
permitting and regulation. They want a clearer path when it
(33:18):
comes to projects like installing new pipelines or expediting approvals
for new liquefied natural gas exports. Something else on the agenda,
not really talking specifically about pricing for energy, but certainly
trying to get more access to it. And Interior Secretary
Doug Bergham Energy Secretary Chris Right both involved in yesterday's
(33:39):
meeting as well. By the way, the one thing that
is never discussed enough and is a real key in
this cog and that is refinement and building refineries and
being able to refine more oil, was that brought up.
Speaker 6 (33:56):
I didn't see that specifically in any of the talking points.
A lot of these were the executives from the drilling
companies and the producers the natural gas companies as well.
But you're right, you know, no one wants an oil
refinery in their backyard.
Speaker 1 (34:09):
And it's a problem.
Speaker 6 (34:11):
Well, you know, they they're smelly, they're they're you know,
obviously full of chemicals, and nobody wants to live near one.
Speaker 1 (34:18):
But we have not the capacity. But in seventies, we
have a neighborhood here in Franklin and when you enter
the neighborhood, the water treatment is right at the front
of it. And then they didn't even build giant fences
to kind of block and I'm like, you know, but
you got to have them, but nobody wants them near them.
Speaker 3 (34:34):
Uh.
Speaker 1 (34:35):
In terms of the economy, the Fed holding things steady
but a lot of positive outlook looking forward. In the
market reacted.
Speaker 6 (34:41):
Well, yeah, essentially, they're expecting a bit of a softer
increase in economic activity, lowering the forecast for the year
four tenths of a percentage point, but not predicting a recession,
but saying because things will likely slow down a bit,
and with the X factor of tariffs, we don't know
what they are or when or how long, they still
think that they can lower interest rates by half a
(35:02):
point this year. Typically the Fed lowest rates in quarter
point increments, so that would suggest two more rate cuts
before the end of the year.
Speaker 1 (35:10):
Rtory with the final story. We'll see you tomorrow morning,
five am Central, sixth Eastern. Thanks for joining us. We're
all in this together. This is your morning show with
Michael Ndheld Choano
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 Patriot in 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
(00:21):
us for the podcast. Well 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 gill Charman. March Madness for Real
(00:41):
starts this afternoon as sixty four will make their journey
to one a national champion. Good luck to your team.
All right seven minutes after the hour, Welcome to Thursday, March,
the twentieth year of Our Lord twenty twenty five on
the air, streaming live on your iHeartRadio Apple. Question of
the day is who do you have winning at all?
(01:02):
I got Florida, What say you? We'll use the talk
backline to hear from you. World Happiness Report is out
once again, Finland is the happiest country to be living in.
That's okay, I'll stay here. An executive order is expected
to be signed by the President today aimed at eliminating
the Department of Education, or at least the bureaucracy and
waste and control inside the beltway of the Department of Education,
(01:24):
and the FED chose to hold raat steady despite some
signs that the economy could be slowing again. When it
comes to the economy, people pretty much, you know, are
in a matrix over politics. You know, in other words,
you have one side that lives in their bubble, one
side lives in their bubble. It's us versus them, and
(01:46):
of course it's ridiculous. It's like sitting on a plane
rooting against the pilot. But when it comes to the economy,
I think there's a disconnect and a desperate need for interpretation,
focus and understanding. So whenever we have these kinds of things,
I'm so grateful that we got David Bonson from the
Bonson Financial Group. He also presides over a Dividend Cafe,
(02:06):
which is a weekly blog if you will, and then
he's here with us every Thursday. So because we want
to get beyond the politics of this and really understand
the economy and understand how it's going to impact us
US all. So, the left narrative right now is that
Donald Trump inherited a great economy from Joe Biden and
he's doing nothing but trash it. So we bring David
(02:29):
on to kind of understand really, was it a great economy?
Is it really being trashed? What's real and what's political narrative? David,
good morning, Good morning, Michael. Good to be with you
as always. Yes, all right, So what do you make of, first,
the Fed's move to hold right steady. Well, there was.
Speaker 2 (02:47):
A one hundred percent chance coming into the meeting that
that's what they were going to do. That futures market
prices these things in ahead of time, and the Fed
more or of us has told us for a month
or two that there wasn't going to be any change
this meeting, so.
Speaker 3 (03:00):
That was no surprise.
Speaker 2 (03:01):
They did reduce their level of quantitative tightening, which is
a fancy term for the way that they are affecting
bank reserves. They have a huge balance sheet of bonds
that the FED has bought. It's one of the tools
they use in monetary policy and they've been reducing it
by about twenty five billion a month. They're now going
to reduce it by five billion a month.
Speaker 3 (03:24):
So that's the Fed.
Speaker 2 (03:26):
It's a backdoor way of cutting rates without cutting rates,
of easing monetary policy a little bit, but nothing dramatic
and no big surprises.
Speaker 1 (03:36):
So we have quantitative easing quantitative tightening. I've never really
caught that before. How does that affect us the buyer
to borrow or the consumer.
Speaker 2 (03:49):
It's one of the biggest things that has happened since
the financial crisis. Japan had done it for years. But
when you get your interest rate to zero, how do
you ease more? How do you make things easier for borrows?
When the interest rate is already at zero. So Japan
came up with this idea where the central bank of
(04:10):
the country would buy treasury bonds in Japan's case, you
know Japanese bonds. But our set, our FED began buying
treasure bonds from banks, but they were doing it with
money that didn't exist.
Speaker 3 (04:26):
So they would credit the.
Speaker 2 (04:28):
Bank dollars and the bank would give the bond that
they really had bought to the FED.
Speaker 1 (04:35):
And in a.
Speaker 2 (04:36):
Way, it was for the FED to put more money
in bank reserves with money that didn't exist, but it
was not at all inflationary because the money just stays
on the bank's excess reserves. So it provides liquidity in
the financial system, but it doesn't circulate into the economy.
And so it's a way of bringing interest rates down
(04:58):
when you already have your or short term rate at zero.
And I know some of the stuff gets wonky and complicated,
but you know, the FED had about five or six
hundred billion dollars of bonds before the financial crisis. It
was a very very small percentage of total national debt.
They now own about eighteen or nineteen percent of the
total national debt.
Speaker 3 (05:19):
Now in Japan they.
Speaker 2 (05:20):
Owned well over fifty percent of it. The central bank
is the major buyer. But we ended up buying about
four trillion dollars after the financial crisis. Then they started
getting it down a little bit before COVID. They ended
up reducing by about five hundred billion, and then COVID
came and they added five trillion more. So at one
(05:42):
point the Fed's balance she got up to almost nine
trillion dollars and they have since reduced it by over
two trillion, which I think is very good, but they've
not even gotten it close to back to what it
was after I mean, excuse me, before COVID, let alone
before financial crisis.
Speaker 3 (06:00):
We will never ever ever get it back to where
it was before the financial crisis.
Speaker 1 (06:03):
Yeah, some things never get back to normal, all right.
So yesterday and the media seems fascinated with this. The
FED and as you mentioned, one hundred percent chance they
were going to do it, but the way the media
presents it is shockingly They hold raid steady and the
markets seem to love it, and the market rose. You
want to connect those dots if they're at all related.
Speaker 3 (06:22):
It's just so stupid. I can barely handle it.
Speaker 1 (06:26):
But it up for it.
Speaker 3 (06:28):
But no, there was nobody's surprise.
Speaker 2 (06:30):
The market was not responding because the Fed hell rates steady.
Markets are never responding to the current event. They're always
responding to the future event. And the more people understand this,
the more qualified they will be than media prognosticators. Markets
are what are called discounting mechanisms. They're pricing in today
(06:51):
where they believe about the future. So the only thing
that means markets when the FED makes an announcement that
is one thousand percent already known and priced before or
that that makes it The only thing markets are doing
is responding to what he says about the future. Right,
And because Pale had a tone that was very clear
that they do intend to continue cutting rates this year,
(07:13):
markets were very obvious in the tone, the language, etc.
That the FAD will be cutting two to three more
times this year.
Speaker 3 (07:23):
And I think that the market also liked that.
Speaker 2 (07:25):
Basically, pal linked and nodded about the tariffs that yes,
the tariff threat will be inflationary, but we're going to
be willing to pretend that it's not and stay on
our course of cutting rates.
Speaker 1 (07:39):
David Boson is our money was an economists joining us.
One thing that might be real, real enough to ask
the question and mean it. The uncertainty of the issue
of the tariffs. If it's negotiation and temporary, that's one thing.
If it's a permanent destination, that's another. And I don't
know if the market knows how to read those tea
(07:59):
leaves at.
Speaker 3 (07:59):
All, well, it certainly doesn't. I am in Washington, d C.
Right now.
Speaker 2 (08:05):
I spent half of my day yesterday and meetings at
the Treasury Department, and I am not totally convinced that
the administration.
Speaker 3 (08:13):
Knows exactly what the goals may.
Speaker 2 (08:16):
Be, and there is a situation in which the Commerce
Department is driving a lot of the planning for this
April second announcement of what the reciprocal terarists will be.
And I came away yesterday feeling that I really wish
it was the Treasury Department driving the ship, not Commerce.
But by the way, explain what you mean by that,
(08:39):
by the way, because that's fascinating.
Speaker 4 (08:42):
Well.
Speaker 2 (08:42):
Secretary Howardtnik is the Secretary of the Chamber, excuse me,
of the Commerce Department. Scott Besson is the trust of
the Treasury Department. And I believe that Secretary Besson understands
the dangers of uncertainty and financial markets and the way
in which these things can become self fulfilling prophecies, where
you do economic damage by not giving clear signals to
(09:07):
economic actors as to what you're doing. And I don't
know that I believe our Commerce secretary understands that or
cares about it.
Speaker 1 (09:15):
I think that there is.
Speaker 3 (09:16):
A prize put on chaos.
Speaker 2 (09:18):
There's sort of this view that this is helping us
to be so chaotic, it's keeping everyone on their toes
and and that kind of mentality plays well on Twitter.
Speaker 3 (09:29):
It might even play well in a campaign.
Speaker 1 (09:31):
It definitely plays well play well on Wall Street. Uncertain
is the one thing that always well.
Speaker 3 (09:37):
On main It doesn't play well on Main Street either either.
And that's the point.
Speaker 2 (09:40):
That's the point that Secretary Beston understands that if all
we were doing is, oh boy, these stock market speculators
don't know what to do, nobody would care.
Speaker 3 (09:48):
And probably you could argue nobody should care. But see,
that's not really the point. It's not Wall Street, it's
the real economy, is it wall Street?
Speaker 2 (09:56):
When we're talking about a small business trying to decide
if they need to invest new inventory or a new plant,
or invest in a new factory, what their order flow
is going to be, what their industrial production. See, there's
so much uncertainty on Main Street that small business, mid
sized business. I think that one of the things I
hope will change by the time I die is the
(10:19):
idea that Wall Street is a euphemism for greedy money
people that don't matter, and the main Street is where
the real stuff happens. You know, all wall Street is
doing is making capital available to main Street, right, And
advising and trading and and and and you know, constructing
the capital uh formation that is going to be.
Speaker 3 (10:37):
Needed in real life business.
Speaker 2 (10:38):
So that dichotomy is really a kind of Marxian notion.
Speaker 3 (10:43):
And I get why politicians say it.
Speaker 2 (10:45):
I get why Bernie Sanders says it, and I even
get it why the populist right.
Speaker 3 (10:49):
Will say it sometimes.
Speaker 2 (10:50):
But when you're making policy, it would be helpful to
not I guess that's where I'm saying secondary bevesting.
Speaker 3 (10:56):
In the Treasury Department.
Speaker 2 (10:57):
I think they realize what's happening in our financial markets
matters to main street, and I'm not sure that some
of the.
Speaker 1 (11:02):
Others understand that. Because if you're running a business, even
bad news, bad things are certain, and you can prepare
and you can lead accordingly and act accordingly. Uncertainty just
freezes you, and freezing is never a good thing. Not
of growth is the goal. Closing moments with David Bonson
bonson Financial Group, Our money was this whole left narrative
(11:24):
that the president inherited. I love how they like to
view the economy in terms of presidential terms. I don't
think that's how the economy works. They happen to just
reside while the economy is happening during those But this
notion that the economy was great from Joe Biden handed
off to Donald Trump and now he's trashing it. Would
(11:44):
you even measure it that way, nor would you come
to that conclusion.
Speaker 2 (11:48):
Yeah, So the reason I wouldn't come to that conclusion
is because I wouldn't measure it that way. And so
I am stuck with making everybody upset here. But I'm
never going to lie to you, and I'm never going
to lie to our listeners. Of course, a lot of
the econ of me was pretty good a few months ago.
If you define an economy, how our wages doing, They're
going higher. People are making more money, how our jobs
(12:10):
doing most people, most who want a job have one
that's pretty good. And how our corporate profits going. Our
company is making more money.
Speaker 3 (12:17):
All three of those things were going higher.
Speaker 2 (12:20):
The negative parts are well documented because of a big
bird flu outbreak.
Speaker 3 (12:24):
Aid prices were higher because of years and years and years.
Speaker 2 (12:27):
Of bad policy, but we're exacerbated in more recent times.
Housing prices were way too high, which drove inflation higher.
There were negatives, but a lot of them were secular, structural,
long term. You know this notion that the economy is
great and now Trump's come in and tinked it.
Speaker 3 (12:48):
The problem with it is it's based on a premise.
Speaker 1 (12:51):
Of before that's political.
Speaker 2 (12:53):
That goes into a conclusion now that's political, instead of
just saying, you know what, there were good and things
before a politically, and there are good and bad things
now a politically.
Speaker 3 (13:05):
But what I'd like to know is the people on
the left that are critiquing the Trump economy. See, I'm
on the right, and I'll critique the Trump economy.
Speaker 2 (13:11):
First thing I'll say is it's not the Trump economy
because the president doesn't own the economy.
Speaker 3 (13:15):
This isn't an imperialist state.
Speaker 2 (13:17):
But second of all, on his policy, will they say
the tax cuts and deregulation and energy independence are good,
because I'll say it.
Speaker 3 (13:25):
I'd like them to say it.
Speaker 1 (13:27):
But then I will say the part.
Speaker 2 (13:29):
They're saying that, I think tariffs are bad, and I
think uncertainty is bad, and I think chaos is bad.
Speaker 3 (13:35):
So I guess what I'm trying to get at. As
many on the right are willing.
Speaker 2 (13:38):
To call balls and strikes, there are good and bad
policy things that President Trump is doing, and will have
to own and if we do end up having a recession,
and if it is largely attributable to uncertainty, chaos, tariffs,
then then he will own it politically and otherwise. But
I guess my problem is those that want to but
(14:00):
one hundred percent of blame in one camp and one
hundred percent of credit in another.
Speaker 3 (14:04):
It destroys credibility.
Speaker 2 (14:06):
And I feel qualified to point this out in the
left because I try very hard, Michael not to do
it as a guy on the right.
Speaker 3 (14:13):
I didn't do it to Biden.
Speaker 2 (14:15):
Will there be a bad jobs report and my friend's
conservative friends, I'm on Fox, and we'd be in the
green room and guys and start going, oh, Biden, look
at this bad jobs report.
Speaker 3 (14:23):
I guess the weirdest instinct.
Speaker 1 (14:25):
I've ever heard.
Speaker 2 (14:26):
You know, like, if your favorite college basketball team wins
this week, are you going to say, see, because Trump's president,
my team won, or or you know, when Biden's president,
my team lost, It's Biden's fault. That's an irrational, ridiculous
way to think. It's even more irrational when it comes
to the economy, when it comes to three hundred and
thirty million Americans acting policy is real, but this politicization
(14:48):
stuff drives me crazy.
Speaker 1 (14:50):
It's your Morning Show with Michael del Jono. He joined
the conversation. It's your Morning Show with Michael Duke Johna.
This is Bryan Opa Wisconsin. I got the Florida Gators
(15:15):
to take it all on with you piece of boys.
Speaker 4 (15:17):
Yea, Big John has Saint John's and Alabama as the
final two. With Rip Patino and the Redmen, it's going
down the nets.
Speaker 1 (15:32):
That's a bit of a stretch. I've got Saint John's
losing in the Elite eight and not making it. I
just don't think anybody can. I don't think anybody in
that entire West region can beat Florida Auburn. It's gonna
take Michigan or Michigan State to bring them down. If
Duke goes down, it's gonna have to probably be Alabama,
(15:53):
maybe outside Arizona, but I don't think it's possible. And
for Houston to go down, well, it's probably gonna take
the Tennessee Balls take them down. I got all four
ones making it to the final four, and I got
the Gators Chomp tomp win it it all. Keep letting
us know who you think. March Maddis gets underway today.
Who do you think is gonna take it all? But
it's all over? Use a talkback button on your iHeartRadio app.
(16:14):
All right, quick break, We come back. Jonathan Roumy Jesus
from The Chosen on season five. He visits with us next.
Don't miss it, stay with us. Hey, this is John Watson.
My morning show is your morning show with Michael del Jorno. Hey, Gang,
(16:34):
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
and Sacramento, California. Love to have you listen live, but
(16:56):
are grateful you're here now for the podcast Enjoy. We
are taking baby steps towards peace with Russia and Ukraine,
but some giant leaves backwards and the Gaza between Israel
and Hamas and executive order is expected today to be
signed by the President that will start the motions of
dismantling and eliminating the Department of Education, but Congress and
thus by way of you, we'll have the final say.
(17:19):
And it's the most watched show in the world, hands down,
two hundred and fifty million viewers. I'm a huge fan
from the Hallo app as well as his portrayal of
Lanie Frisbee in The Jesus Revolution and of course Jesus
in The Chosen getting ready to start its fifth season.
You're lucky to be listening right now as we say
(17:41):
hello to Jonathan Roomy, Jonathan, So great to meet you. Morning, Michael,
how are you. I'm doing wonderful. We pray together a
lot on the Hollowed app, so I feel like I
know you. You know, if we had set out for
a goal and we all have this commission, go forth
into all nations to make disciples of all men. I
(18:02):
was sitting here thinking before you came on with two
hundred and fifty million viewers and translated I don't know
six hundred subtitled languages, one hundred dubbed languages. We're working
forwards six hundred.
Speaker 5 (18:15):
We're translated in one hundred languages currently, but the goal
ultimately is to get to six hundred languages.
Speaker 3 (18:22):
Who we are.
Speaker 1 (18:23):
We're currently the most translated television show in history. Who
who knew a great television show could fulfill the great
commission we're trying, man.
Speaker 5 (18:32):
You know, that's we feel very passionate about that fact
to spread this story to every corner of the globe.
And we actually know for a fact that early on
the show, when we were just streaming on our own
native app, the show was downloaded in every country on
(18:52):
the planet, including Antarctica. So there's somebody in a lation
probably hanging out in the snow watching episode of the Chosen.
Speaker 1 (19:02):
You know, one of the It's one of the great
success stories ever. But I mean to think this is
an indie project. I mean, with the message that sends
to the industry.
Speaker 5 (19:12):
Too, let alone the wall, it's been a lot of
folks over in Hollywood have been quite baffled about how
we've pulled this off and continue to pull it off.
But we've have the greatest fans in the world, and
we're telling the greatest story in the world. So it
kind of makes for you know, an obvious result with
with how it's been received, so kind of an brainer.
Speaker 1 (19:34):
So what has this done to your life? I mean,
I know, you know, we we breathe in faith through
our relationship with God, through His living Word, through transforming
and not conforming all those buzzwords and things we talk about,
and then this happens to you. It's got to be
very rewarding from a from a from a standpoint of
(19:55):
living your faith. But it's I mean, this is an
extraordinary amount of fame to that is often warned about
in the Bible.
Speaker 5 (20:03):
You know, I think the Lord knew what he was
doing in allowing me to struggle for twenty years as
an actor before actually finding true true you know, career
success with this project and then to to be able
to sit down and talk about this role, uh, with
(20:26):
the widest variety and the the i'd say, the the
most interesting gamut of shows from you know, doing Tucker
Carlson one day and then The View the next day,
and then Jimmy Fallon just two days ago. It's been
it's been an extraordinary adventure.
Speaker 1 (20:48):
And I'm just uh and now and now and now
your morning show is it spirals down? All right?
Speaker 5 (20:54):
John Jonathan Man, You're awesome. I mean, like people need
to hear what you're saying to them and the voice
that you provide for them, and oh, thank you.
Speaker 1 (21:05):
It's all part of it. So thank you for having
me listen. Look, I know my place in the kingdom.
I'm no Jonathan Rumy. I loved you. By the way,
in Jesus Revolution. Did that surprise you? What a you know?
Because it was such a sweet empower I always say this,
we've gotten away from testimonials. I love the old man
in the Bible. They're all bickering and fighting politically and
(21:26):
this and that, and he's like, I don't know who
he is. All I know is I was blind. And
now I see we've gotten away from testimonials. And that
was a powerful testimony in the Jesus Revolution at a
time we're on the brink of a cultural shift and
maybe even revival and revolution. And your role in that,
oh my, you were terrific. Thank you so much for me.
Speaker 5 (21:50):
That was such a beautiful story and the potency of it.
And I agree with you, Michael, I think we are
on the cusp of another revill especially in culture and media,
and it's something that I think people have been praying
for and it's really taking shape in so many ways.
(22:15):
Nowhere where you see other celebrities like that have been
in the secular side of business their entire career are
now stepping forth in faith and hopefully, you know, this
is something that is just trending upward.
Speaker 1 (22:31):
And more people will feel compelled to do. I mean,
it's funny. I was just going to say, it's definitely happening.
I have children. I have twenty year old daughters that
are at university sophomore year. I've got a son graduate
high school. Obviously, I've been born again since the tail
end of the Jesus Movement in nineteen seventy eight. My
number one priority was my marriage because I knew that
(22:53):
I can never love my kids more than I love
their mother, and then they were my second priority. Obviously
them having a heart for God, having a personal relationship
with Him was my greatest dream. I did the best
to live an example. I guess I gave some pretty heady,
long Bible studies that have premature, too young of an age,
that bore them stuff. But it didn't matter what we did.
(23:14):
There was just a measure of faith this young generation's
been born with. And it gives me pause too, because
it makes me wonder what God's preparing for them to live.
But I'm noticing there's something different in this young generation, Jonathan,
and I think that's a lot of what you know,
us older baby boomers are loving the chosen and we're
(23:34):
embracing it, but so are the young people. For such
a time as this does this seem to be the
right message in vehicle. There's something bruin, isn't there. That's
I mean, that's amazing to hear and so encouraging. Michael,
Thank you for sharing that with me. And I agree
with you.
Speaker 5 (23:49):
You know, I have younger nephews that are teenagers now,
and there is a predisposition to faith and to God
that they possessed that even I didn't even have it
at that level. And you know, you wonder that when
the pendulum swings so far in one direction for the
other way, can it not ultimately return back to that
(24:11):
same that the original direction. And you know, faith, if
faith was the Jesus Revolution was an example of faith
in one direction in an extreme sense, in in a
culture wide capacity in the seventies.
Speaker 1 (24:28):
After having swung so far away from that.
Speaker 5 (24:31):
Up in the last twenty years now, I think we
see this dependulum swinging back the other way, and I
think ultimately you know, people must return to God with
their whole hearts, because that's that's what's asked of us
as as as a race, as a creation.
Speaker 1 (24:47):
And if the seventies proves anything, it was it was
across denominations. I mean, it was a cultural movement from
the hippie movement became a cultural revolution, then the spiritual revival.
My grandmother got said to the charismatic movement in the
Catholic Church. Then it comes back through me and a
coach by way of Assemblies of God. I mean, it
(25:09):
was a cross denomination. It was cultural leading to a
spiritual revival. I don't know that we've reached spiritual revival,
but boy, it's bubbling and brewing. And the role that
you're playing in that. Jonathan Rumy is joining us. And
again we're going to get to the chosen season five.
But real quickly. Everybody knows you play Jesus. Everybody knows
your work and hollowed in the app the movie Jesus Revolution.
(25:32):
What's your personal walk? How did you get from the
streets in New York to the Kingdom of God.
Speaker 5 (25:37):
Well, I was baptized Greek Orthodox as a baby in
New York City and then when we moved out to
the suburbs of New York, we you know, finding a
Greek Orthodox church was difficult.
Speaker 1 (25:51):
Difficult.
Speaker 5 (25:52):
Yeah, So my father, being a Christian from Egypt, having
gone to Catholic school as the only option really for
Christians in Egypt, he decided that, you know, there was
a Catholic church just down the street. He was well
familiar with the format of the masses and practicing of
(26:13):
the faith to an extent. My mother from Ireland is
Roman Catholics, so it just seemed like a natural fit.
There wasn't any hemming and hawing or any We didn't
have to go through any kind of conversion. The baptisms
are recognized by the churches, so we just started going
to Catholic church. I made my first communion and my
(26:33):
confirmation as a Catholic. And you know, as I got
into my teens and then my twenties and watched my
cousins in the Orthodox faith start to get married, and
really for me was kind of a return to the
culture of Orthodoxy. As much as romantic as it is,
(26:54):
as beautiful as it is, as sacred the liturgies are,
and as unique as it is, I never felt God
pulling me back to the Orthodox Church. I just sort
of felt like, no, I think I'm good, and I
just kind of hung in there. And obviously, once I
left New York to move to LA to pursue acting
(27:17):
full time, the first thing I did was was find
the church, and I think my faith, funny enough, really
started to grow in Los Angeles, where it's not part
of the culture really.
Speaker 1 (27:29):
You know, like you find it.
Speaker 5 (27:30):
The people that go to church are serious about church,
and so I found the community there and my faith
continued to grow, and I started an entertainment ministry ultimately
in Beverly Hills, which which ran for about seven years.
And all that time I struggled to work as an
actor until I had The Chosen and then things really changed.
Speaker 1 (27:52):
Funny how you get your faith in line. You focus
on God, get everything straight, and he starts doing the
heavy lifting in life. And now you're a household name
j and Roomy is Jesus in The Chosen Season five,
coming the Last Supper. That's going to get dramatic. What
I love is we talk about denominations, we talk about
political differences in partisanship. In this story, we avoid all that.
(28:14):
The focus gets on Jesus. From the perspective of the Apostles,
they think they're getting a king. Something else is brewing.
This is a magical season and it all starts in theaters.
That's different.
Speaker 5 (28:24):
Yeah, yeah, we well, we dare to be different.
Speaker 1 (28:27):
I mean we are.
Speaker 5 (28:28):
One of our phrases is get used to different. That's
It's something we tend to do pretty well. I think
for us on a practical level, you know, doing releasing
theatrically helps us fund the rest of the series since
we are an independent TV show. But on on a
(28:49):
cinematic and an artistic level, the show is meant to
be seen in theaters. In fact, the first time it'll
be it is the first time it will be actually
screened in Imax as well at select theaters.
Speaker 1 (29:01):
So every season we seem to be able to have this.
Speaker 5 (29:05):
You know, God grants us the ability to level up
our production values and the cinematic I love it.
Speaker 1 (29:11):
I love it because what would be what was necessary
for funding became your uniqueness. In a sense. Explain to
them how it works, because you know, what do I do.
I go sit there and I get every episode of
the season. Explain.
Speaker 5 (29:22):
So basically, March twenty eighth, you have Part one. We
break up season five into three parts. Part one episode
is the first two episodes March twenty eighth, and then
Part two's episodes three, four, and five, which begins April fourth.
Speaker 1 (29:37):
If you've missed.
Speaker 5 (29:38):
Part one, they'll still be there, so you can kind
of binge the first two parts, and then on April
eleventh through Easter weekend, we will have Part three.
Speaker 1 (29:48):
Which is episode six, seven, and eight.
Speaker 5 (29:51):
And if you've still not seen the first five episodes,
you can binge the entire season of five in theaters
over Easter weekend from starting from the eleventh.
Speaker 1 (30:04):
So probably one of the only ways you get me
and see me at a theater, and I look forward
to it all Part one, Part two, and Part three.
Jonathan Rumy is Jesus in The Chosen. Season five debuts
with Part one in theaters on March to twenty eighth.
If you have never seen The Jesus Revolution, you need
to see it. Kelsey Grammer does a terrific job in
that movie. You play Lonnie Frisbee through the roof, And
(30:26):
of course we look forward to this debut and I
just wanted to personally say to you, and by the way,
when you and Mark walked us through the C. S
Lewis month. Oh I followed boy to introduce C. S
Lewis to this generation in the way that you did.
Thank you so much. What you're doing for the Kingdom
of God, what you're doing for the what they think
is a kingdom of entertainment. I wish you nothing but
(30:48):
the best and the continued transformation and success that you're enjoying. Jonathan,
I love you, my brother. Thank you, God bless you. Michael.
What an extraordinary guy, terrific actor. There's no question, you know.
You see this sometimes as people get older, you stop
living in reality, you stop living forward, and you start
looking back. Your best days are behind you and your
(31:09):
focus is behind you. We talked earlier about the illusion
that people are watching Fox, MSNBC, CNN. They're not not
compared to Joe Rogan or Theo Vaughan. I mean, and
the young generation, like Robert DeNiro is coming out with
a movie Alto Nights this weekend. Nobody's going to go
if you're still living like Robert de Niro is the
(31:30):
it guy, he's the influential. He's not Jonathan Roumy is
two hundred and fifty million viewers. That's the reality. What
an impressive I mean the making of the Messenger is
always so revealing to the message and how he was fearfully,
wonderfully made and journeyed and created by God for such
(31:51):
a role as this such a time. Is this one
of my favorite visits ever? Jonathan Rumy don't miss the
Chosen in Theaters Part one, March twenty eighth, Part two
April fourth. How about the timing of part three April
eleventh through Eastern This is your Morning Show with Michael
del Chrono. Just got this text from one of my
(32:12):
favorite songwriters and contemporary Christian artists ever, Gary Chapman. And
now you, my friend, have a personal relationship with Jesus
by way of Jonathan Movie, everybody this smart? Alec all right?
Fifty five minutes after the hour, the Fed holding interest
rates steady. An executive order expected today from President Trump
(32:34):
aimed at eliminating the Department of Education or the waste
and bureaucracy and control thereof. Ultimately, Congress will have the
final say, and the sixty fourteen March Madness begins today Wisconsin.
For our listeners of your morning show Interest Tennessee Saint
John's and Michigan all in action as the march madness
begins for real. President Trump brought about a dozen oil
industry executives into the White House to discuss his energy agenda. Meanwhile,
(32:58):
the Federal Reserve has met to discuss interest rates. Keeping
an eye on all of that is Roy O'Neal, and
he gets the final story, A good morning, Roy. Hey there, Michael,
good morning. Oil going in the right direction. But what
was the take of the meeting? Essentially, they're talking about
permitting and regulation. They want a clearer path when it
(33:18):
comes to projects like installing new pipelines or expediting approvals
for new liquefied natural gas exports. Something else on the agenda,
not really talking specifically about pricing for energy, but certainly
trying to get more access to it. And Interior Secretary
Doug Bergham Energy Secretary Chris Right both involved in yesterday's
(33:39):
meeting as well. By the way, the one thing that
is never discussed enough and is a real key in
this cog and that is refinement and building refineries and
being able to refine more oil, was that brought up.
Speaker 6 (33:56):
I didn't see that specifically in any of the talking points.
A lot of these were the executives from the drilling
companies and the producers the natural gas companies as well.
But you're right, you know, no one wants an oil
refinery in their backyard.
Speaker 1 (34:09):
And it's a problem.
Speaker 6 (34:11):
Well, you know, they they're smelly, they're they're you know,
obviously full of chemicals, and nobody wants to live near one.
Speaker 1 (34:18):
But we have not the capacity. But in seventies, we
have a neighborhood here in Franklin and when you enter
the neighborhood, the water treatment is right at the front
of it. And then they didn't even build giant fences
to kind of block and I'm like, you know, but
you got to have them, but nobody wants them near them.
Speaker 3 (34:34):
Uh.
Speaker 1 (34:35):
In terms of the economy, the Fed holding things steady
but a lot of positive outlook looking forward. In the
market reacted.
Speaker 6 (34:41):
Well, yeah, essentially, they're expecting a bit of a softer
increase in economic activity, lowering the forecast for the year
four tenths of a percentage point, but not predicting a recession,
but saying because things will likely slow down a bit,
and with the X factor of tariffs, we don't know
what they are or when or how long, they still
think that they can lower interest rates by half a
(35:02):
point this year. Typically the Fed lowest rates in quarter
point increments, so that would suggest two more rate cuts
before the end of the year.
Speaker 1 (35:10):
Rtory with the final story. We'll see you tomorrow morning,
five am Central, sixth Eastern. Thanks for joining us. We're
all in this together. This is your morning show with
Michael Ndheld Choano
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