The state of peace talks and nuke negotiations and the history of taxation on this tax day!
Iran is the most predictable threat to the world and that makes this week's nuke talks way more important than tariff talks. We visited with Lieutenant Colonel James Carafano about how close to a nuke they are and can they be stopped??
It’s Tax Day, but it hasn’t always been and never this much! Author and Historian Billy Federer joins us for the history of taxation in America…it will shock and fascinate you!
Americans are more scared of losing their job than at any time since the pandemic. National Correspondent RORY O’NEILL will examine the fear of unemployment, and what people are doing about it.
See omnystudio.com/listener for privacy information.
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Hi, it's me Michael. Your morning show can be heard
live daily on great radio stations like News Radio six
fifty k E n I Anchorage, Alaska, Talk Radio eleven
ninety Dallas Fort Worth, and Freedom one O four seven
in Washington, d C. We'd love to have you listen
live every day and make us a part of your
morning routine. But better late than never. Enjoy the podcast on.
Speaker 2 (00:19):
Two three, starting your morning off right.
Speaker 3 (00:24):
A new way of talk, a new way of understanding.
Speaker 4 (00:27):
Because we're in this together. This is your morning show
with michael'del charna.
Speaker 5 (00:35):
What are we in?
Speaker 4 (00:36):
It depends on the day.
Speaker 6 (00:37):
Seven minutes after the hour, Welcome to tax Day by
the irs. They took my money lickety split.
Speaker 4 (00:44):
They promised a auto draft on the fifteenth, and it's
already happened. They always deliver.
Speaker 6 (00:50):
They're listing this morning, Tax Day twenty twenty five, seven
minutes after the hour. Can't have your morning show without
your voice. And this is one of our favorites. Brian
from Eau Claire, Wisconsin.
Speaker 4 (01:00):
Michael, I have a question for you.
Speaker 5 (01:02):
Were the ladies that went out of space yesterday discriminating?
Speaker 4 (01:06):
They had everyone else represented? I didn't see anyone from
Vadim just thought.
Speaker 6 (01:12):
I asked, Actually, Katy Perry is fluid, so I guess
she would qualify as they them. I'm like, I'm turning
into like Wikipedia or I don't know. I'm like, I'm like,
everybody's serious. Now, well, may people come to you for answers?
I mean, well, yeah, she's fluids. I don't I don't follow.
Speaker 4 (01:33):
All of that.
Speaker 6 (01:34):
I don't know what fluid is a day or them
or you know. I think you better just play it
safe and call her Katie when you talk to her
eight minutes after the hour? Oh where roh? Where can
my general be? The plane took him away from me?
Where are you somewhere in the world?
Speaker 3 (01:53):
I'm good, Where where are you?
Speaker 4 (01:57):
Is it night? Tomorrow? Yesterday? What is it?
Speaker 5 (02:01):
It is like four o'clock in the afternoon in European Armenia, Armenia.
Speaker 6 (02:10):
Boy, to have your frequent flyer miles. All right, there's
so much talk about teriff Wars.
Speaker 5 (02:14):
I drove here.
Speaker 2 (02:16):
I drove here from Georgia.
Speaker 5 (02:19):
That was an experience.
Speaker 3 (02:21):
Wow.
Speaker 4 (02:21):
Is that even safe?
Speaker 2 (02:27):
Well?
Speaker 5 (02:27):
Yeah, I mean physically it's safe.
Speaker 2 (02:29):
I mean going over the mountains of snows.
Speaker 6 (02:34):
Yeah, that's what I meant by saying, I would imagine
that's tough terrain. All right, let's talk about not terriff wars,
but war wars. And let's start with one part that
I agree with and then one part I'm curious about.
So Donald Trump made a crystal clear yesterday. Iran cannot
be allowed to have a nuclear weapon. That's non negotiable.
They are the most predictable threat, not just to the
(02:54):
region but to the world. They are on the offensive,
meaning if they had a weapon of masterstroduction, they would
use it diplomatically or they would use it physically. That's
part of their worldview. So it is a predictable, obvious threat.
Giving them the ultimate weapon would be massively destabilizing for
the world. So that's a no brainer. Now what's Iron's
(03:16):
response Saturday?
Speaker 5 (03:18):
Well, so here's the problem with that.
Speaker 2 (03:20):
When you say, well, they can't have a nuclear up,
what does that mean?
Speaker 5 (03:25):
So Obama said it, Well, it means the nuclear deal,
which of course j pc OLA, which actually didn't at
all and actually empowered them in creating a bomb. So
so the details matter.
Speaker 2 (03:39):
Right, I mean, personally, I think if they should have.
Speaker 5 (03:42):
No nuclear processing, they should have to return all the
highly enriched uranium that they have, and you know, we
should and they should, we should have restrictions on their
ballistic missiles and other programs. But but but that's me.
But the other thing is is I don't think a
deal should just be about nuclear They almost burned Israel
(04:05):
to the ground by funding terrorists in Syria, Lebanon, Gaza, strip.
Speaker 2 (04:16):
Unleash, letting Iran out of jail with a normalization, what.
Speaker 5 (04:21):
Are they going to do with all that money?
Speaker 2 (04:22):
And if they're just going to go back to giving
it to the who he's to.
Speaker 5 (04:26):
Fight the American six fleet, you know, I don't think
we're better off. So I agree to the president nuclear
weapons in Iran non negotiable. But you know, we have
to see the deal, all right.
Speaker 6 (04:40):
So Tennor Colonel explained to them, you know what Iran
would first of all, you know, there's so many layers
to this, and I don't know how deep we want
to go. The difference between Shia Muslims and Sunni Muslims
in terms of who they thought they follow up prophet
to Muhammad was one is more on the offensive and aggressive,
doesn't see Israel's right to exist and plans to carry
(05:01):
out world dominance. That's what makes them more of an offensive.
If they have it, they will use it. Then there's
you know, the nuclear weapons themselves, which is the materials,
the advanced centrifuges, and then the delivery systems in the rockets.
We played the same game with North Korea, so you
might want to explain because they were hiding behind Oh,
we're just enriching uranium for electricity, you know, nonsense like that.
Speaker 4 (05:22):
So it's pretty complex, but we know they've done.
Speaker 2 (05:28):
Right, I mean, we know they've done far beyond that, because.
Speaker 5 (05:33):
When you're rich uranium for electricity, it's a very low
percentage of enrichment they are produced. They have the capacity
to produce highly enriched uranium that you can use to
make nuclear weapons, and by some estimates they have enough
material to make fifty nuclear weapons. We know they have
ballistic missile that can reach the entire Middle East in Europe,
(05:56):
and we know they have bomb designed on how to
build a bomb, and we know they have the technical
capability bill bombs. So we'll let me tell you they
today a log can build a nuclear weapons. So when
you say a log can't have nuclear weapons, what does
that mean? They're gonna promise.
Speaker 2 (06:15):
They're not gonna have nuclear weapons, right.
Speaker 5 (06:17):
Right, right?
Speaker 4 (06:17):
So but here can we can wet?
Speaker 5 (06:21):
Yeah?
Speaker 2 (06:21):
I mean, you know it matters. You know, it's like
we're going to tell you a car Okay, well, you
know what's the annual percentage rate?
Speaker 5 (06:28):
You know that matters.
Speaker 6 (06:30):
All Right, We're visiting Lietenant Colonel James Carafano. Let's face it,
there's just three ways to handle this one. Uh, you
can kick the can. In other words, targeted air strike
says every time they get close, knock them back a decade. Uh,
if they rise and get it, you defeat them. Or
what we've been doing, which is you can put them
in positions of bankruptcy or turn the people against them
(06:52):
over long periods of pain because of political leaders ambitions.
That's what Trump did in the first term. Now this term,
this is a road to nowhere, isn't it?
Speaker 2 (07:07):
Well, look to me, it's I mean, then this is me.
I'm not the president the United States.
Speaker 5 (07:12):
I have to make these decisions do with all these
other problems, you know, and you know we all run
around and we're all you know, Donald.
Speaker 2 (07:19):
Trump's foreign policy is like people go to the baseball
game and they sit down and after.
Speaker 5 (07:23):
The first pitch they pay you the final score. That's stupid, right,
So we're.
Speaker 2 (07:28):
All making judgments on Trump's outcomes when he's in the
middle of the negotiating these things.
Speaker 5 (07:35):
If I were doing it, it.
Speaker 2 (07:37):
Would be either do you give me everything I want?
Or on, which includes not funding the surrogates, getting rid
of nuclear processing.
Speaker 5 (07:46):
Giving up the highly Ubiguanian that you have, and and
or you just always strangle you. I don't think you
have to attack r on. I mean, the regime is
very risk averse. They want to survive. They're not They're
not going to start wars with the United States. So
we should make them as miserable and horrible as as
(08:09):
we can possibly do, and then give them that choice.
Speaker 2 (08:11):
Stand out in the rain or yeah, or or if
you want to com you know.
Speaker 5 (08:17):
But we'll see.
Speaker 6 (08:20):
I didn't mean road to nowhere because of Donald Trump,
rode to nowhere because of Iranian ambitions. I didn't think
the US would do targeted air strikes, although Israel could
do targeted air strikes. But to me, the best thing
that seems to be they're like a parasite and they
want to maintain and exist. So just make it painful
and keep them broke.
Speaker 2 (08:41):
If anybody ever plays the game, if your idea is
to put them in an escape room and help they
don't escape, it's a bad plan. Put them in a
put them in a cell with the key. That's a
plan that was there.
Speaker 4 (08:58):
There were two administrations that did that.
Speaker 6 (09:00):
Yeah, James Garafano was joining US lieutenant colonel for a
weekly military briefing art then the president laid out that
there are three people behind the ongoing Russian Ukrainian war,
our awful former president Joe Biden that allowed it to happen.
The only thing I kind of took issue with is
he basically blamed Ukraine if you will, more than Russia
and saying you don't pick fights with people that are
(09:20):
ten times bigger than you and then expect everyone.
Speaker 4 (09:23):
Else to pay for it.
Speaker 6 (09:25):
I think what it showed is the president is very
frustrated with both sides and that the peace talks aren't
going well.
Speaker 4 (09:30):
What was your view?
Speaker 2 (09:33):
So he looked, I mean, people so cherry picked to
get the president they want. But he clearly said that
the person responsible for this worst put and he said
that then he blamed Biden, which is totally legitimate. Biden
wanted nord Stream too. He failed to deter the Russians.
He wanted Dolinsky to run away from the country when
the words attack. He was very slowly giving you military aid.
(09:53):
He never had a plan. So I honestly, in my opinion,
I think the thing.
Speaker 5 (09:58):
About Dolinsky is just he doesn't like Linsky and the link.
Speaker 3 (10:04):
Is a jerk.
Speaker 5 (10:05):
I'm just you, He's been a jerk about this whole
thing with the United States.
Speaker 2 (10:10):
So I just think it's he's just personally annoyed.
Speaker 5 (10:13):
By z Linky. Having said, had.
Speaker 2 (10:17):
All this is actually produced.
Speaker 5 (10:19):
Is the Europeans have actually stepped up and done a
lot more to support Ukraine, which is.
Speaker 2 (10:25):
Kind of exactually what Trump wanted. But he's not going
to abandon. I don't think he's not going to abandon Ukraine.
But he doesn't like link I think that's what that
all is.
Speaker 6 (10:33):
No, absolutely, listen, Donald Trump, and this you probably won't
know particulars until after he's dead. Donald Trump has been
all his life a very generous man. And I'm telling
you something, Unlike a lot of Christians outgoing proclaiming Christians,
he doesn't let you know.
Speaker 4 (10:52):
He keeps it that part of Christianity.
Speaker 6 (10:54):
He's done better than the Christians, all right, So he's
a very when you're very generous, let me tell you,
there's do you have very low tolerance froun gratefulness. So
there's a lack of humility, a lack of gratefulness, and
I think a lack of consistency perceived is incompetence.
Speaker 4 (11:10):
It's too much for Donald Trump to overcome.
Speaker 6 (11:12):
Anybody that watched The Apprentice will tell you the Apprentice
will tell you this can't fly with him.
Speaker 5 (11:17):
Uh.
Speaker 6 (11:17):
He wants Ukraine to come out of this. He wants
their soldiers to stop dying, come out without losing anything,
be rebuilt and restored.
Speaker 4 (11:25):
But without this man reigning, that's for sure.
Speaker 2 (11:30):
Well, I mean I personally, I don't really think he
cares if Zolynski's running the country or not. But he's
annoyed by Zelinski. And I think you're exactly right. He
is trying to end the war, and Zolinsky is actually
making not strict this away.
Speaker 5 (11:47):
It's not about policy.
Speaker 2 (11:48):
The Ukrainians have agreed to a seafire. They agreed everything
in the United States wants to do. It was the
Ukrainians who first introduced.
Speaker 5 (11:56):
The idea of the of the mineral deal. It is,
it does come down, and he's just annoyed with the
guy personally, and and the things the Linsky's saying in
public are just throwing gasoline on the fire.
Speaker 4 (12:07):
It is.
Speaker 2 (12:08):
It literally sounds like biting the hand that feeds you.
Speaker 5 (12:10):
And and you just don't do that with Trump. So
I don't know if he's exhausted and tired or frustrated
or scared or angry or you know, he's just trying
to get the Europeans to do more. So he attacked Trump,
and Trump attacks him, and he's got I don't know,
but but it is. It is really sour. Have you
(12:31):
said that. We've seen this so many times from Donald
fun that eventually gets what he wants and then he's, oh,
this guy's great.
Speaker 6 (12:40):
Yeah, I know that's always all right, all right, there's
a rumor that he is going to meet with Putin
in person. He's already because the meati will jump all
over that. There he is being puppets Putin's puppet. He's
going to go meet with Putin. He's taken side. That's
all narrative, it's not reality. I get that. But he's
already met with Zelensky in the White House, he's yet
to meet with Putin. Per Should they find a neutral
(13:02):
site and all three meet, or do you think it's
a good idea time to cut to the chase with
Putin and do so in person if this rumor is true?
Speaker 2 (13:09):
Smart, Well, Look, I think there's three scenarios. One is.
Speaker 5 (13:16):
The Russians always want something for nothing.
Speaker 2 (13:19):
And they add for.
Speaker 5 (13:20):
The moon, and then if they want a deal, and once.
Speaker 2 (13:25):
They realize they're not going to get everything, they say, okay,
here's the deal. So Putin could just walk in tomorrow,
whether without meeting Trump, and say okay, fine.
Speaker 5 (13:32):
Here's the deal. Right, And so that's the scenario one.
And I don't think people should be surprised if he.
Speaker 2 (13:38):
Does that, because the Russians need to stop fighting just as.
Speaker 5 (13:42):
Much as the Ukrainian. Is that both at the point
of strategic exhaustion. I agree the other Okay, let's say
Putin says I'm going to fight another year, see what happens.
Maybe you know who knows, well, I'll just fight another year.
I can do that. Maybe you're a befall apart.
Speaker 3 (13:57):
I don't know.
Speaker 2 (13:57):
Well, then there's two scenarios one, and Trump.
Speaker 5 (13:59):
Says, oh, he's still fighting. Well, you know, you guys
are stupid. I'll just take my ball and go home.
I actually think that's unlikely, because if it all turns south,
then it's all going to come back on the president. Delay.
Afghanistan came back on Biden.
Speaker 4 (14:13):
You can blame I think you can blame.
Speaker 6 (14:15):
You can blame Biden for the start of the war,
but then you would rightly blame Trump for how the
war resulted.
Speaker 3 (14:21):
Right.
Speaker 5 (14:21):
And the option three is you continue to support Ukraine,
I think, and and since actually the Europeans are bearing
much more of the load right now, and every year,
every every time, there's less and less for us to do.
Speaker 2 (14:38):
Ukraine's are now ukraine defensive issry ran from a billion
dollars a.
Speaker 5 (14:41):
Year to fifteen billion dollars a year. They're they're developing
out more of their own stuff that they can sustain
this war.
Speaker 2 (14:49):
Europeans are helping them, so there's actually less for.
Speaker 3 (14:51):
Us to do.
Speaker 5 (14:53):
And true and and and putin basically is spit in
Donald Trump's face. Donald Trump should not only not go
out of to help him, he should make his life
freaking miserable and punish him. That's I think that's the
you know, the other option.
Speaker 3 (15:08):
But then we'll hear that too.
Speaker 6 (15:10):
I think if the rumor's true, I'm praying for option one.
I'm expecting option three. I always love our visits. Thanks
for finding time with us halfway around the world. James Carafonald,
Lieutenant Colonel.
Speaker 1 (15:20):
It's your morning show with Michael del Charno.
Speaker 4 (15:24):
Let's go to Roy in Youngstown, Ohio.
Speaker 7 (15:27):
Michael, what I want to know is why are we
launching celebrities in the space and not leaving them there?
Speaker 4 (15:34):
That deserves you.
Speaker 6 (15:35):
Remember Norman Fell when he was on Three's Company. We
just look at the camera and go, yeah, yeah, that
just deserves that. All right, Roy, you are our caller
of the day, beautifully stated, At least for Katie Perry,
I would have loved that. Hey, if you're just waking
up its Tax Day twenty twenty five. The big stories
we did, and if you go to the podcast for
the first hour you can enjoy it. But we went
(15:58):
through two pieces of polls that suggests that as much
as the Democrat Party seems to be hot of step
with the American people, they are not willing to come
to the center, so they're not pivoting right. In fact,
they want to pivot further left. The Republican Party is
morphed into what I believe is a combination of the
Reagan Revolution the Tea Party movement in MAGA. But it's
(16:20):
now seventy percent identified as MAGA, so it's right and
staying right. Apparently the matrix is going to get wider
before it breaks.
Speaker 3 (16:31):
This is Rebecca in spring Hill, Tennessee, and my morning
show is your Morning Show with Michael del Jorno.
Speaker 4 (16:46):
Hi, I'm Michael.
Speaker 1 (16:46):
We'd love to have you listen every weekday morning to
your Morning show live, even take us along with you
on the drive to work. We can be heard on
great radio stations like one oh four to nine The
Patriot in Saint Louis, or Talk Radio ninety eight point
three and fifteen ten WLAC and Nashville and News Talk
by fifty k f YI Phoenix, Arizona. Love to be
a part of your morning routine. But we're always grateful
(17:06):
you're here. Now enjoy the podcast.
Speaker 6 (17:09):
It is tax Day twenty twenty five and this is
our Spotlight interview of the week.
Speaker 4 (17:13):
After all, say hello.
Speaker 6 (17:16):
To William Federer, author historian dear friend who I don't
know how many years it's been since we talked. We
should do the first three minutes just on Hey, how
you been, how's the family?
Speaker 4 (17:28):
Great to have you with us.
Speaker 3 (17:29):
William, Hey, Michael greed to be with you.
Speaker 4 (17:32):
So I don't remember how we met.
Speaker 6 (17:34):
I was telling you the listeners the story, but we did,
and it was just an instant connection, and we used
to do it seemed like almost monthly interviews on different topics.
You've written so many books, and I was bragging about
your books because they're not real thick and they're not
wasted with a lot of words. They're almost like cliffs
notes of historical wisdom. And one of my favorites has
(17:55):
always been the history of taxation in America. And I
encourage people to find all of your books at americanminute
dot com americanminute dot com. But let's talk about the
interesting history of income tax on this tax Day twenty
twenty five, because it simply hasn't always been so, has it.
Speaker 3 (18:14):
Right, There was no income tax in America until the
Civil War, where Lincoln had any emergency income tax. But
prior to that, the number one way the federal government
raised money was tariff taxes. As matter of fact, the
second bill that would George Washington signed into law after
being president was the Tariff Act of seventeen eighty nine,
(18:36):
imposed a five percent tariff on all imports. Alexander Hamilton
started the Coast Guard. He was the Secretary of Treasury,
responsible to bring revenue into the government, and the Coastguard's
job was to stop countries from bringing goods into America
called smuggling without going through the ports and paying the
tariff taxes. England had the Industrial Revolution that they had
(19:01):
coal and coal mines that would fill up with water,
and in seventeen sixty nine James Watt developed a pump
to get water out of the coal mines and that
turned into a steam engine that turned into factories, and
so Britain could have looms where they would make bolts
of cloth really cheap. But they wouldn't allow the manufacturing
to be developed in America. And so when we became independent,
(19:25):
Jefferson had the tariff and he writes this April sixth
of eighteen sixteen, it may be the duty of all
to submit to this sacrifice to pay for a time
and impost on importation of certain articles in order to
encourage their manufacture at home. And so it's okay, guys,
we're gonna have to pay a little bit more for
(19:45):
these things from other countries because of this tariff, but
we'll be able to build factories. And that's what happened.
These factories sprung up all around America, and it's called
the industrial ru some of all up, but basically free
women up from menial tasks. So women would spin thread,
weave cloth, so clothed. Now you could buy a whole
(20:07):
bolt of cloth. Are even ready to wear clothes? Imagine that.
And instead of washing clothes in a wash tub and
hanging them on a clothesline, women could own a washing
machine and a dryer. Instead of drawing water from a
well and carry it in buckets, they could have water
pipes right into the house. And then farm equipment reapers
were made where a farmer could harvest crops with less labor,
(20:30):
so food prices went down, and prior to the Civil
War about sixty percent tariffs were applied. Franklin Pierce, who
was the fourteenth President, said, happily, I have no occasion
to suggest any radical changes in our financial policy. Ours
is the solitary power of Christendom putting a surplus of
(20:53):
revenue drawn immediately from imposts on commerce, so it was
all care of taxes. And then I was just going
to rupt and say this.
Speaker 6 (21:04):
Number one, Gertrude del Jorno met Jenny Camuso in a
sewing factory in upstate New York. They became friends, and
one's son and one's daughter became married and produced me.
This isn't ancient history, and America always was in the
business of making things, and that's how we funded government.
(21:29):
The notion, and you need to get into this because
what people are going to understand is how you tie history.
Speaker 4 (21:34):
There's three lenses.
Speaker 6 (21:35):
I always look at everything through historical, geopolitical, and biblical.
So this is a very important lens, and we should
probably do this almost monthly together again. But the historic
lens would suggest that what Donald Trump might be doing
right now with this quote unquote tariff war is not
destroying our country, but returning it to its roots and origins.
(21:55):
And then maybe if on the back end of that
you celebrate the tax cuts with the elimination of the
income tax, you wouldn't be doing something radical, genius, or different.
Speaker 4 (22:04):
You'd be returning to what.
Speaker 6 (22:06):
We always were really until you could almost get to
World War two, because that's when it gets beyond one percent,
and that's when it doesn't go away. Walk them through
the temporary nature. Even when we did taxation compared to
what is today, you work all year and they tell you.
Speaker 4 (22:22):
How much you keep.
Speaker 3 (22:25):
Right, so great questions. So you had no income tax.
To Lincoln, it was repealed. They tried pushing through a
peacetime income tax in eighteen ninety two, but the Supreme
Court declared income tax unconstitutional. The case was Pollock versus
Farmer's Load of trust. So Woodrow Wilson, you have a
lot of German immigrants. You have Karl Marx in Germany,
(22:47):
and they're bringing out some socialist ideas of take from
the ridge, give to the poor, and so they're pressuring
these politicians, and so Woodrow Wilson caves to these industries globalists,
so to speak, and pushes through this this income tax.
It was originally a one percent tax on the top
one percent riches people. And he World War One quickly
(23:09):
started and everybody said, well, we had an income tax
during the Civil War and this is World War One, okay,
But again it only taxed the top today, that would
be only taxing. Bill Gates, Zuckerberg, Larry Fink with Black
Rocket didn't tax us. But as you mentioned, then it's FDR,
and he expands income tax to everybody, and nobody has
(23:30):
saved up money to pay it at the end of
the year, and so he institutes paycheck withholding We'll.
Speaker 2 (23:35):
Just take a little bit out of your Poston.
Speaker 3 (23:36):
Whenever you see your paycheck and there's a little taken out,
that's FDR. That's World War two, and it was an emergency.
They would have billboards that would say fight the axes,
pay your taxes, you know. But what the collateral damage
of these high taxes of FDR was outsourcing, and so
(23:57):
the factory owners realized, hey, I can We're building Germany
and Japan the Marshall Plan with brand new factories and
they can produce up cheaper. I can build a factory
overseas and not have to pay these income taxes and
then the profits from that, using the cheaper labor and
the you know, lower uh you know, no regulations in
(24:18):
these other countries, they could use the profits to lobby
politicians to lower the tariffs even more, and then they
could bring their goods in and this is.
Speaker 2 (24:27):
Called free trade, but the question.
Speaker 3 (24:29):
Is is it really free trade?
Speaker 4 (24:31):
Free?
Speaker 3 (24:31):
Because a lot of a lot of these foreign governments realized, hey,
I can give a subsidy to their business so they
can sell it cheaper and put America's factories out of work,
and then once they get a monopoly, they can raise
the price through the roof or threatened to withhold their
products to pressure our foreign policy, like we're going to
hold back precious metals from China unless you came to us,
(24:54):
and it's like, this isn't the place we want to be.
Speaker 4 (24:56):
Yeah.
Speaker 6 (24:57):
William Fetter is a historian, he's an author. We're talking
about the very topic of his book, Interesting History of
Income Tax. It will not just fascinate you, it will
shock you and blow your mind. When we talk about
dismantling the Federal Department of Education, we're talking about something
that its origins may be rooted in what Jimmy Carter
(25:18):
needed to do to secure the union vote of educators
to win an election to a few things the government
was overseeing, and we thought we needed a department to
make sure it was being handled correctly. Compared to what
it's become today, a socialization and doctrination, funding, stranglehold, and takeover,
and the test scores prove it's a failure. But if
you think that's something that's always been I was a
(25:42):
junior so my education up to junior year was prior
to the Department of Education. But listen, when we're talking
about tariffs and everything and free trade, look at how
much you paid in taxes and still load on April fifteenth.
That's the cost of free trade. And this isn't even
that long ago either. We're talking about a permanent regressive
(26:04):
tax system. In my father's generation. This hasn't always been.
It's not working. We're thirty six trillion dollars in debt
and the things that Donald Trump is proposing is not radical.
It's a return to what had always been up until
not even eighty years ago, ninety years ago. So I
(26:25):
think that would be shocking to people, and they'll learn
a lot more about this if they get a copy
of the book. Go to americanminute dot com. What do
you I mean you must feel and you have books
on all topics which are wonderful, but on tax Day
in particular, it's you probably just must thirst for everyone
to read this book, not because you wrote it because
this is their origin and this is their way out.
Speaker 2 (26:49):
Yeah, there's so many different things, you know.
Speaker 3 (26:52):
Here's Justice Stephen Field. He is the Justice on the
Supreme Court. In the eighteen ninety four Pollock versus Farmers
Loan and Trust case, he says, the income tax law
inner consideration is class legislation. Whenever a distinction is made
in the burdens a law imposes or the benefit it
confers on any citizen by reason of birth, wealth, or
religion is class legislation and leads inevitably to oppression and abuse.
(27:16):
It's almost like, let's let's repeal Dei of Finances, right,
because there if you would tax one class at a
certain rate and another class at a certain rate, it's like,
wait a second, and then he concludes, He goes, it's
the same an essential character as that of the English
Income Statute of sixteen ninety one, which tax Protestants at
a certain rate, Catholics at double the rate, and Jews
(27:38):
at a third and separate rate. And so the idea
was it's unconstitutional. And then you had Woodrow Wilson pushing
through that one percent tax. Ironically, you had Roosevelt pushed
through an inheritance tax because which and then Tap pushes
(28:00):
through a corporate income tax, which we regret, but nevertheless,
it was Woodrow Wilson, and.
Speaker 6 (28:08):
Let's just give out the rich tax. Yeah, let's just
cut to the chase. And how has it worked out?
We've created a government that the American people claim that
they're dependent upon, but it's thirty six trillion dollars in
debt and half of their earnings are almost when you
add them all.
Speaker 4 (28:24):
Up, enslaved.
Speaker 6 (28:26):
It's as if you've enslaved yourself and taxed your way
into the very oppression that led to the origin of
our country. And it all starts with the father of
progressive rism, you know, Woodrow Wilson in the New Deal
an FDR. All right, so cut to the chase. What
is the lesson of this tax day? How do we
(28:47):
get here and how do we get out?
Speaker 3 (28:49):
Yeah? I would say, well, you know, when Millie became
the head of Argentina, he cut a lot of the
debt in the globalist strength hold on his country, and
for about a year it was rocky. But now it's
stable and people are investing in Argentina and it's becoming
prosperous again. And so it's my advice is give Trump's
(29:14):
tariffs a chance to work. You know. One of the
other things was John Mayner Kaines was an economist that
invented debt stimulated economy, and he convinced FDR to go
ahead and have the government go in debt to spend
money in the private sector to create jobs. Those jobs
would pay taxes, and the taxes would pay off the debt.
(29:34):
It sounded good on a chalkboard, but what happened was
the government would go in debt and spend money in
their districts to buy votes, and then they would never
want to get rid of the debt because the next
Congress would want to go more in debt. And here
we are, as you mentioned, thirty six trillion dollars in debt.
We can't even pay the interest on it. And here
we are giving money to Ukraine and countries all around
(29:54):
the world, and it's like we're we don't have that money.
We're borrowing it from China and borrowing it from our
children through inflation, and they're having to pay us. So
we need to get our house in order.
Speaker 6 (30:06):
And you know what, and that starts with returning to
what we don't even do. The federal government's conveniently removed
Civics and much of the accurate history in our education system.
But all of us listening this morning, we've got to
go back to history. You have to have that lens,
You have to have that foundation. You cannot understand today
until you understand how we got there. This book will
(30:29):
blow your mind. Interesting history of the income text by
William Federer. You'll find it at americanminute dot com. So
great to reunite. Let's not make it another couple of years.
Let's talk soon. God bless you, sir, look forward to it.
Speaker 4 (30:43):
This is your Morning Show with Michael del Chrono.
Speaker 6 (30:47):
The federal government announced it's freezing more than two billion
dollars in grants to Harvard University.
Speaker 8 (30:53):
The move comes hours after the school said it would
not accept the Trump administration's proposed conditions to continue federal
funding included auditing the viewpoints of students and faculty and
punishing students who took part in pro Palestinian protests on
campus last year. The administration's Joint Task Force to combat
Anti Semitism says the harassment of Jewish students is intolerable
(31:13):
and that it's time for elite universities to take the
problem seriously and commit to meaningful change if they want
to continue receiving taxpayer support.
Speaker 4 (31:21):
I'm Mark Neeview.
Speaker 6 (31:22):
Tech giant Nvidia is out with plans to build manufacturing
plants in Texas.
Speaker 9 (31:26):
That will for the first time allow for a company
to produce domestically made artificial intelligence supercomputers. They'll be in
Houston and Dallas. Production at both plants, they say is
expected to ramp up in the next year, and they
say it will create hundreds of thousands of jobs and
drive jillions of dollars in economic security over the coming decades.
Speaker 4 (31:44):
I'm Lisa Taylor.
Speaker 6 (31:45):
The private spaceflight company Blue Origin made history with its
first ever all female crew in SubOrbit flight. One of
the passengers, Katie Perry, gave the ride a ten out
of tax to.
Speaker 7 (31:54):
Go to space is incredible and I wanted to model
courage and fearlessness.
Speaker 6 (32:00):
Was joined by Jeff Bezos, fiance Lauren Sanchez, and talk
show host Gail King, among others.
Speaker 4 (32:04):
Mick Jagger is engaged at eighty one.
Speaker 10 (32:08):
Prescript the eighty one year old rolling Stones front and
end proposed to Or three years ago, but Hamrick were
just recently confirmed their engagement in an interview with Paris Match,
the thirty seven year old revealing that they don't have
any set plans for a wedding. Jagger and Hamrick have
been together since twenty fourteen and sharea's son, who was born.
Speaker 4 (32:27):
In twenty sixteen. I'm Jennifer BULSONI Americans.
Speaker 6 (32:30):
They're more scared of losing their job than any time
since the pandemic. National Correspondent Roy O'Neil joins us to
examine the fear of unemployment and what people are doing
about it.
Speaker 4 (32:40):
Good morning, Rory, Hey there, Michael, good morning.
Speaker 5 (32:43):
Right.
Speaker 7 (32:43):
This data comes from the Federal Reserve Bank of New York,
and this is important a data set for them because
they really factor in some of this data as they
decide what to do with interest rates, raising them or
lowering them. What they found is about forty four percent
of the population thinks that unemployment will be higher this
time next year. That percentage is higher than we've seen
(33:06):
that anytime, as you said, since April of twenty twenty,
at the start of the pandemic.
Speaker 4 (33:10):
How much higher.
Speaker 6 (33:12):
I don't have that number, to be honest with you. Yeah,
I think it's like almost twelve percent or more. Do
you ever wonder what fuels this?
Speaker 4 (33:21):
Is it?
Speaker 3 (33:21):
Like?
Speaker 6 (33:22):
First of all, you know, polling such a tricky topic
in and of itself. Can you reach people anymore? Because
it's cell phone only, there's no landlines, and people don't
like to answer calls that show up as spam.
Speaker 4 (33:32):
That's number one.
Speaker 6 (33:32):
Number two, are you getting somebody that has something happening
in their industry or in their office? Is it something
they're picking up from the media. I mean, I wonder
where these fears come from and what to make of
all this? And I know it's an important number. I'm
just wondering how they arrive at it. There's no way
of really knowing right.
Speaker 7 (33:53):
Right, because the FED doesn't get too open with their
books here. But you again, it's also look at the
trend we are talking about that one data point. Let's
see what happens next month as they go along here.
But there's also a bit more uncertainty about their own jobs.
What fifteen point seven percent said they were concerned about
losing their own jobs in the year ahead. Now that's
(34:14):
at a twelvemonth high as well. So I don't think
that's really any surprise that there's a bit more uncertainty.
But we should also note that the long term questions here.
What they say, you know, what's going to happen next
year is one thing. But then when you ask these
same people how how will things look in three years
and five years, it's a very rosy picture.
Speaker 6 (34:32):
Yeah, so that gives you the sense to get the
ultimate victory. There's going to be some temporary pain and
that's coming out in this research as well. Roy O
Neil is always great reporting. We'll talk again tomorrow.
Speaker 5 (34:43):
A right.
Speaker 6 (34:43):
I don't know where this three hours went, but it flew.
I guess we had fun.
Speaker 1 (34:46):
We're all in this together.
Speaker 3 (34:47):
This is your Morning Show with Michael openhild jow Now
Hi, it's me Michael. Your morning show can be heard
live daily on great radio stations like News Radio six
fifty k E n I Anchorage, Alaska, Talk Radio eleven
ninety Dallas Fort Worth, and Freedom one O four seven
in Washington, d C. We'd love to have you listen
live every day and make us a part of your
morning routine. But better late than never. Enjoy the podcast on.
Speaker 2 (00:19):
Two three, starting your morning off right.
Speaker 3 (00:24):
A new way of talk, a new way of understanding.
Speaker 4 (00:27):
Because we're in this together. This is your morning show
with michael'del charna.
Speaker 5 (00:35):
What are we in?
Speaker 4 (00:36):
It depends on the day.
Speaker 6 (00:37):
Seven minutes after the hour, Welcome to tax Day by
the irs. They took my money lickety split.
Speaker 4 (00:44):
They promised a auto draft on the fifteenth, and it's
already happened. They always deliver.
Speaker 6 (00:50):
They're listing this morning, Tax Day twenty twenty five, seven
minutes after the hour. Can't have your morning show without
your voice. And this is one of our favorites. Brian
from Eau Claire, Wisconsin.
Speaker 4 (01:00):
Michael, I have a question for you.
Speaker 5 (01:02):
Were the ladies that went out of space yesterday discriminating?
Speaker 4 (01:06):
They had everyone else represented? I didn't see anyone from
Vadim just thought.
Speaker 6 (01:12):
I asked, Actually, Katy Perry is fluid, so I guess
she would qualify as they them. I'm like, I'm turning
into like Wikipedia or I don't know. I'm like, I'm like,
everybody's serious. Now, well, may people come to you for answers?
I mean, well, yeah, she's fluids. I don't I don't follow.
Speaker 4 (01:33):
All of that.
Speaker 6 (01:34):
I don't know what fluid is a day or them
or you know. I think you better just play it
safe and call her Katie when you talk to her
eight minutes after the hour? Oh where roh? Where can
my general be? The plane took him away from me?
Where are you somewhere in the world?
Speaker 3 (01:53):
I'm good, Where where are you?
Speaker 4 (01:57):
Is it night? Tomorrow? Yesterday? What is it?
Speaker 5 (02:01):
It is like four o'clock in the afternoon in European Armenia, Armenia.
Speaker 6 (02:10):
Boy, to have your frequent flyer miles. All right, there's
so much talk about teriff Wars.
Speaker 5 (02:14):
I drove here.
Speaker 2 (02:16):
I drove here from Georgia.
Speaker 5 (02:19):
That was an experience.
Speaker 3 (02:21):
Wow.
Speaker 4 (02:21):
Is that even safe?
Speaker 2 (02:27):
Well?
Speaker 5 (02:27):
Yeah, I mean physically it's safe.
Speaker 2 (02:29):
I mean going over the mountains of snows.
Speaker 6 (02:34):
Yeah, that's what I meant by saying, I would imagine
that's tough terrain. All right, let's talk about not terriff wars,
but war wars. And let's start with one part that
I agree with and then one part I'm curious about.
So Donald Trump made a crystal clear yesterday. Iran cannot
be allowed to have a nuclear weapon. That's non negotiable.
They are the most predictable threat, not just to the
(02:54):
region but to the world. They are on the offensive,
meaning if they had a weapon of masterstroduction, they would
use it diplomatically or they would use it physically. That's
part of their worldview. So it is a predictable, obvious threat.
Giving them the ultimate weapon would be massively destabilizing for
the world. So that's a no brainer. Now what's Iron's
(03:16):
response Saturday?
Speaker 5 (03:18):
Well, so here's the problem with that.
Speaker 2 (03:20):
When you say, well, they can't have a nuclear up,
what does that mean?
Speaker 5 (03:25):
So Obama said it, Well, it means the nuclear deal,
which of course j pc OLA, which actually didn't at
all and actually empowered them in creating a bomb. So
so the details matter.
Speaker 2 (03:39):
Right, I mean, personally, I think if they should have.
Speaker 5 (03:42):
No nuclear processing, they should have to return all the
highly enriched uranium that they have, and you know, we
should and they should, we should have restrictions on their
ballistic missiles and other programs. But but but that's me.
But the other thing is is I don't think a
deal should just be about nuclear They almost burned Israel
(04:05):
to the ground by funding terrorists in Syria, Lebanon, Gaza, strip.
Speaker 2 (04:16):
Unleash, letting Iran out of jail with a normalization, what.
Speaker 5 (04:21):
Are they going to do with all that money?
Speaker 2 (04:22):
And if they're just going to go back to giving
it to the who he's to.
Speaker 5 (04:26):
Fight the American six fleet, you know, I don't think
we're better off. So I agree to the president nuclear
weapons in Iran non negotiable. But you know, we have
to see the deal, all right.
Speaker 6 (04:40):
So Tennor Colonel explained to them, you know what Iran
would first of all, you know, there's so many layers
to this, and I don't know how deep we want
to go. The difference between Shia Muslims and Sunni Muslims
in terms of who they thought they follow up prophet
to Muhammad was one is more on the offensive and aggressive,
doesn't see Israel's right to exist and plans to carry
(05:01):
out world dominance. That's what makes them more of an offensive.
If they have it, they will use it. Then there's
you know, the nuclear weapons themselves, which is the materials,
the advanced centrifuges, and then the delivery systems in the rockets.
We played the same game with North Korea, so you
might want to explain because they were hiding behind Oh,
we're just enriching uranium for electricity, you know, nonsense like that.
Speaker 4 (05:22):
So it's pretty complex, but we know they've done.
Speaker 2 (05:28):
Right, I mean, we know they've done far beyond that, because.
Speaker 5 (05:33):
When you're rich uranium for electricity, it's a very low
percentage of enrichment they are produced. They have the capacity
to produce highly enriched uranium that you can use to
make nuclear weapons, and by some estimates they have enough
material to make fifty nuclear weapons. We know they have
ballistic missile that can reach the entire Middle East in Europe,
(05:56):
and we know they have bomb designed on how to
build a bomb, and we know they have the technical
capability bill bombs. So we'll let me tell you they
today a log can build a nuclear weapons. So when
you say a log can't have nuclear weapons, what does
that mean? They're gonna promise.
Speaker 2 (06:15):
They're not gonna have nuclear weapons, right.
Speaker 5 (06:17):
Right, right?
Speaker 4 (06:17):
So but here can we can wet?
Speaker 5 (06:21):
Yeah?
Speaker 2 (06:21):
I mean, you know it matters. You know, it's like
we're going to tell you a car Okay, well, you
know what's the annual percentage rate?
Speaker 5 (06:28):
You know that matters.
Speaker 6 (06:30):
All Right, We're visiting Lietenant Colonel James Carafano. Let's face it,
there's just three ways to handle this one. Uh, you
can kick the can. In other words, targeted air strike
says every time they get close, knock them back a decade. Uh,
if they rise and get it, you defeat them. Or
what we've been doing, which is you can put them
in positions of bankruptcy or turn the people against them
(06:52):
over long periods of pain because of political leaders ambitions.
That's what Trump did in the first term. Now this term,
this is a road to nowhere, isn't it?
Speaker 2 (07:07):
Well, look to me, it's I mean, then this is me.
I'm not the president the United States.
Speaker 5 (07:12):
I have to make these decisions do with all these
other problems, you know, and you know we all run
around and we're all you know, Donald.
Speaker 2 (07:19):
Trump's foreign policy is like people go to the baseball
game and they sit down and after.
Speaker 5 (07:23):
The first pitch they pay you the final score. That's stupid, right,
So we're.
Speaker 2 (07:28):
All making judgments on Trump's outcomes when he's in the
middle of the negotiating these things.
Speaker 5 (07:35):
If I were doing it, it.
Speaker 2 (07:37):
Would be either do you give me everything I want?
Or on, which includes not funding the surrogates, getting rid
of nuclear processing.
Speaker 5 (07:46):
Giving up the highly Ubiguanian that you have, and and
or you just always strangle you. I don't think you
have to attack r on. I mean, the regime is
very risk averse. They want to survive. They're not They're
not going to start wars with the United States. So
we should make them as miserable and horrible as as
(08:09):
we can possibly do, and then give them that choice.
Speaker 2 (08:11):
Stand out in the rain or yeah, or or if
you want to com you know.
Speaker 5 (08:17):
But we'll see.
Speaker 6 (08:20):
I didn't mean road to nowhere because of Donald Trump,
rode to nowhere because of Iranian ambitions. I didn't think
the US would do targeted air strikes, although Israel could
do targeted air strikes. But to me, the best thing
that seems to be they're like a parasite and they
want to maintain and exist. So just make it painful
and keep them broke.
Speaker 2 (08:41):
If anybody ever plays the game, if your idea is
to put them in an escape room and help they
don't escape, it's a bad plan. Put them in a
put them in a cell with the key. That's a
plan that was there.
Speaker 4 (08:58):
There were two administrations that did that.
Speaker 6 (09:00):
Yeah, James Garafano was joining US lieutenant colonel for a
weekly military briefing art then the president laid out that
there are three people behind the ongoing Russian Ukrainian war,
our awful former president Joe Biden that allowed it to happen.
The only thing I kind of took issue with is
he basically blamed Ukraine if you will, more than Russia
and saying you don't pick fights with people that are
(09:20):
ten times bigger than you and then expect everyone.
Speaker 4 (09:23):
Else to pay for it.
Speaker 6 (09:25):
I think what it showed is the president is very
frustrated with both sides and that the peace talks aren't
going well.
Speaker 4 (09:30):
What was your view?
Speaker 2 (09:33):
So he looked, I mean, people so cherry picked to
get the president they want. But he clearly said that
the person responsible for this worst put and he said
that then he blamed Biden, which is totally legitimate. Biden
wanted nord Stream too. He failed to deter the Russians.
He wanted Dolinsky to run away from the country when
the words attack. He was very slowly giving you military aid.
(09:53):
He never had a plan. So I honestly, in my opinion,
I think the thing.
Speaker 5 (09:58):
About Dolinsky is just he doesn't like Linsky and the link.
Speaker 3 (10:04):
Is a jerk.
Speaker 5 (10:05):
I'm just you, He's been a jerk about this whole
thing with the United States.
Speaker 2 (10:10):
So I just think it's he's just personally annoyed.
Speaker 5 (10:13):
By z Linky. Having said, had.
Speaker 2 (10:17):
All this is actually produced.
Speaker 5 (10:19):
Is the Europeans have actually stepped up and done a
lot more to support Ukraine, which is.
Speaker 2 (10:25):
Kind of exactually what Trump wanted. But he's not going
to abandon. I don't think he's not going to abandon Ukraine.
But he doesn't like link I think that's what that
all is.
Speaker 6 (10:33):
No, absolutely, listen, Donald Trump, and this you probably won't
know particulars until after he's dead. Donald Trump has been
all his life a very generous man. And I'm telling
you something, Unlike a lot of Christians outgoing proclaiming Christians,
he doesn't let you know.
Speaker 4 (10:52):
He keeps it that part of Christianity.
Speaker 6 (10:54):
He's done better than the Christians, all right, So he's
a very when you're very generous, let me tell you,
there's do you have very low tolerance froun gratefulness. So
there's a lack of humility, a lack of gratefulness, and
I think a lack of consistency perceived is incompetence.
Speaker 4 (11:10):
It's too much for Donald Trump to overcome.
Speaker 6 (11:12):
Anybody that watched The Apprentice will tell you the Apprentice
will tell you this can't fly with him.
Speaker 5 (11:17):
Uh.
Speaker 6 (11:17):
He wants Ukraine to come out of this. He wants
their soldiers to stop dying, come out without losing anything,
be rebuilt and restored.
Speaker 4 (11:25):
But without this man reigning, that's for sure.
Speaker 2 (11:30):
Well, I mean I personally, I don't really think he
cares if Zolynski's running the country or not. But he's
annoyed by Zelinski. And I think you're exactly right. He
is trying to end the war, and Zolinsky is actually
making not strict this away.
Speaker 5 (11:47):
It's not about policy.
Speaker 2 (11:48):
The Ukrainians have agreed to a seafire. They agreed everything
in the United States wants to do. It was the
Ukrainians who first introduced.
Speaker 5 (11:56):
The idea of the of the mineral deal. It is,
it does come down, and he's just annoyed with the
guy personally, and and the things the Linsky's saying in
public are just throwing gasoline on the fire.
Speaker 4 (12:07):
It is.
Speaker 2 (12:08):
It literally sounds like biting the hand that feeds you.
Speaker 5 (12:10):
And and you just don't do that with Trump. So
I don't know if he's exhausted and tired or frustrated
or scared or angry or you know, he's just trying
to get the Europeans to do more. So he attacked Trump,
and Trump attacks him, and he's got I don't know,
but but it is. It is really sour. Have you
(12:31):
said that. We've seen this so many times from Donald
fun that eventually gets what he wants and then he's, oh,
this guy's great.
Speaker 6 (12:40):
Yeah, I know that's always all right, all right, there's
a rumor that he is going to meet with Putin
in person. He's already because the meati will jump all
over that. There he is being puppets Putin's puppet. He's
going to go meet with Putin. He's taken side. That's
all narrative, it's not reality. I get that. But he's
already met with Zelensky in the White House, he's yet
to meet with Putin. Per Should they find a neutral
(13:02):
site and all three meet, or do you think it's
a good idea time to cut to the chase with
Putin and do so in person if this rumor is true?
Speaker 2 (13:09):
Smart, Well, Look, I think there's three scenarios. One is.
Speaker 5 (13:16):
The Russians always want something for nothing.
Speaker 2 (13:19):
And they add for.
Speaker 5 (13:20):
The moon, and then if they want a deal, and once.
Speaker 2 (13:25):
They realize they're not going to get everything, they say, okay,
here's the deal. So Putin could just walk in tomorrow,
whether without meeting Trump, and say okay, fine.
Speaker 5 (13:32):
Here's the deal. Right, And so that's the scenario one.
And I don't think people should be surprised if he.
Speaker 2 (13:38):
Does that, because the Russians need to stop fighting just as.
Speaker 5 (13:42):
Much as the Ukrainian. Is that both at the point
of strategic exhaustion. I agree the other Okay, let's say
Putin says I'm going to fight another year, see what happens.
Maybe you know who knows, well, I'll just fight another year.
I can do that. Maybe you're a befall apart.
Speaker 3 (13:57):
I don't know.
Speaker 2 (13:57):
Well, then there's two scenarios one, and Trump.
Speaker 5 (13:59):
Says, oh, he's still fighting. Well, you know, you guys
are stupid. I'll just take my ball and go home.
I actually think that's unlikely, because if it all turns south,
then it's all going to come back on the president. Delay.
Afghanistan came back on Biden.
Speaker 4 (14:13):
You can blame I think you can blame.
Speaker 6 (14:15):
You can blame Biden for the start of the war,
but then you would rightly blame Trump for how the
war resulted.
Speaker 3 (14:21):
Right.
Speaker 5 (14:21):
And the option three is you continue to support Ukraine,
I think, and and since actually the Europeans are bearing
much more of the load right now, and every year,
every every time, there's less and less for us to do.
Speaker 2 (14:38):
Ukraine's are now ukraine defensive issry ran from a billion
dollars a.
Speaker 5 (14:41):
Year to fifteen billion dollars a year. They're they're developing
out more of their own stuff that they can sustain
this war.
Speaker 2 (14:49):
Europeans are helping them, so there's actually less for.
Speaker 3 (14:51):
Us to do.
Speaker 5 (14:53):
And true and and and putin basically is spit in
Donald Trump's face. Donald Trump should not only not go
out of to help him, he should make his life
freaking miserable and punish him. That's I think that's the
you know, the other option.
Speaker 3 (15:08):
But then we'll hear that too.
Speaker 6 (15:10):
I think if the rumor's true, I'm praying for option one.
I'm expecting option three. I always love our visits. Thanks
for finding time with us halfway around the world. James Carafonald,
Lieutenant Colonel.
Speaker 1 (15:20):
It's your morning show with Michael del Charno.
Speaker 4 (15:24):
Let's go to Roy in Youngstown, Ohio.
Speaker 7 (15:27):
Michael, what I want to know is why are we
launching celebrities in the space and not leaving them there?
Speaker 4 (15:34):
That deserves you.
Speaker 6 (15:35):
Remember Norman Fell when he was on Three's Company. We
just look at the camera and go, yeah, yeah, that
just deserves that. All right, Roy, you are our caller
of the day, beautifully stated, At least for Katie Perry,
I would have loved that. Hey, if you're just waking
up its Tax Day twenty twenty five. The big stories
we did, and if you go to the podcast for
the first hour you can enjoy it. But we went
(15:58):
through two pieces of polls that suggests that as much
as the Democrat Party seems to be hot of step
with the American people, they are not willing to come
to the center, so they're not pivoting right. In fact,
they want to pivot further left. The Republican Party is
morphed into what I believe is a combination of the
Reagan Revolution the Tea Party movement in MAGA. But it's
(16:20):
now seventy percent identified as MAGA, so it's right and
staying right. Apparently the matrix is going to get wider
before it breaks.
Speaker 3 (16:31):
This is Rebecca in spring Hill, Tennessee, and my morning
show is your Morning Show with Michael del Jorno.
Speaker 4 (16:46):
Hi, I'm Michael.
Speaker 1 (16:46):
We'd love to have you listen every weekday morning to
your Morning show live, even take us along with you
on the drive to work. We can be heard on
great radio stations like one oh four to nine The
Patriot in Saint Louis, or Talk Radio ninety eight point
three and fifteen ten WLAC and Nashville and News Talk
by fifty k f YI Phoenix, Arizona. Love to be
a part of your morning routine. But we're always grateful
(17:06):
you're here. Now enjoy the podcast.
Speaker 6 (17:09):
It is tax Day twenty twenty five and this is
our Spotlight interview of the week.
Speaker 4 (17:13):
After all, say hello.
Speaker 6 (17:16):
To William Federer, author historian dear friend who I don't
know how many years it's been since we talked. We
should do the first three minutes just on Hey, how
you been, how's the family?
Speaker 4 (17:28):
Great to have you with us.
Speaker 3 (17:29):
William, Hey, Michael greed to be with you.
Speaker 4 (17:32):
So I don't remember how we met.
Speaker 6 (17:34):
I was telling you the listeners the story, but we did,
and it was just an instant connection, and we used
to do it seemed like almost monthly interviews on different topics.
You've written so many books, and I was bragging about
your books because they're not real thick and they're not
wasted with a lot of words. They're almost like cliffs
notes of historical wisdom. And one of my favorites has
(17:55):
always been the history of taxation in America. And I
encourage people to find all of your books at americanminute
dot com americanminute dot com. But let's talk about the
interesting history of income tax on this tax Day twenty
twenty five, because it simply hasn't always been so, has it.
Speaker 3 (18:14):
Right, There was no income tax in America until the
Civil War, where Lincoln had any emergency income tax. But
prior to that, the number one way the federal government
raised money was tariff taxes. As matter of fact, the
second bill that would George Washington signed into law after
being president was the Tariff Act of seventeen eighty nine,
(18:36):
imposed a five percent tariff on all imports. Alexander Hamilton
started the Coast Guard. He was the Secretary of Treasury,
responsible to bring revenue into the government, and the Coastguard's
job was to stop countries from bringing goods into America
called smuggling without going through the ports and paying the
tariff taxes. England had the Industrial Revolution that they had
(19:01):
coal and coal mines that would fill up with water,
and in seventeen sixty nine James Watt developed a pump
to get water out of the coal mines and that
turned into a steam engine that turned into factories, and
so Britain could have looms where they would make bolts
of cloth really cheap. But they wouldn't allow the manufacturing
to be developed in America. And so when we became independent,
(19:25):
Jefferson had the tariff and he writes this April sixth
of eighteen sixteen, it may be the duty of all
to submit to this sacrifice to pay for a time
and impost on importation of certain articles in order to
encourage their manufacture at home. And so it's okay, guys,
we're gonna have to pay a little bit more for
(19:45):
these things from other countries because of this tariff, but
we'll be able to build factories. And that's what happened.
These factories sprung up all around America, and it's called
the industrial ru some of all up, but basically free
women up from menial tasks. So women would spin thread,
weave cloth, so clothed. Now you could buy a whole
(20:07):
bolt of cloth. Are even ready to wear clothes? Imagine that.
And instead of washing clothes in a wash tub and
hanging them on a clothesline, women could own a washing
machine and a dryer. Instead of drawing water from a
well and carry it in buckets, they could have water
pipes right into the house. And then farm equipment reapers
were made where a farmer could harvest crops with less labor,
(20:30):
so food prices went down, and prior to the Civil
War about sixty percent tariffs were applied. Franklin Pierce, who
was the fourteenth President, said, happily, I have no occasion
to suggest any radical changes in our financial policy. Ours
is the solitary power of Christendom putting a surplus of
(20:53):
revenue drawn immediately from imposts on commerce, so it was
all care of taxes. And then I was just going
to rupt and say this.
Speaker 6 (21:04):
Number one, Gertrude del Jorno met Jenny Camuso in a
sewing factory in upstate New York. They became friends, and
one's son and one's daughter became married and produced me.
This isn't ancient history, and America always was in the
business of making things, and that's how we funded government.
(21:29):
The notion, and you need to get into this because
what people are going to understand is how you tie history.
Speaker 4 (21:34):
There's three lenses.
Speaker 6 (21:35):
I always look at everything through historical, geopolitical, and biblical.
So this is a very important lens, and we should
probably do this almost monthly together again. But the historic
lens would suggest that what Donald Trump might be doing
right now with this quote unquote tariff war is not
destroying our country, but returning it to its roots and origins.
(21:55):
And then maybe if on the back end of that
you celebrate the tax cuts with the elimination of the
income tax, you wouldn't be doing something radical, genius, or different.
Speaker 4 (22:04):
You'd be returning to what.
Speaker 6 (22:06):
We always were really until you could almost get to
World War two, because that's when it gets beyond one percent,
and that's when it doesn't go away. Walk them through
the temporary nature. Even when we did taxation compared to
what is today, you work all year and they tell you.
Speaker 4 (22:22):
How much you keep.
Speaker 3 (22:25):
Right, so great questions. So you had no income tax.
To Lincoln, it was repealed. They tried pushing through a
peacetime income tax in eighteen ninety two, but the Supreme
Court declared income tax unconstitutional. The case was Pollock versus
Farmer's Load of trust. So Woodrow Wilson, you have a
lot of German immigrants. You have Karl Marx in Germany,
(22:47):
and they're bringing out some socialist ideas of take from
the ridge, give to the poor, and so they're pressuring
these politicians, and so Woodrow Wilson caves to these industries globalists,
so to speak, and pushes through this this income tax.
It was originally a one percent tax on the top
one percent riches people. And he World War One quickly
(23:09):
started and everybody said, well, we had an income tax
during the Civil War and this is World War One, okay,
But again it only taxed the top today, that would
be only taxing. Bill Gates, Zuckerberg, Larry Fink with Black
Rocket didn't tax us. But as you mentioned, then it's FDR,
and he expands income tax to everybody, and nobody has
(23:30):
saved up money to pay it at the end of
the year, and so he institutes paycheck withholding We'll.
Speaker 2 (23:35):
Just take a little bit out of your Poston.
Speaker 3 (23:36):
Whenever you see your paycheck and there's a little taken out,
that's FDR. That's World War two, and it was an emergency.
They would have billboards that would say fight the axes,
pay your taxes, you know. But what the collateral damage
of these high taxes of FDR was outsourcing, and so
(23:57):
the factory owners realized, hey, I can We're building Germany
and Japan the Marshall Plan with brand new factories and
they can produce up cheaper. I can build a factory
overseas and not have to pay these income taxes and
then the profits from that, using the cheaper labor and
the you know, lower uh you know, no regulations in
(24:18):
these other countries, they could use the profits to lobby
politicians to lower the tariffs even more, and then they
could bring their goods in and this is.
Speaker 2 (24:27):
Called free trade, but the question.
Speaker 3 (24:29):
Is is it really free trade?
Speaker 4 (24:31):
Free?
Speaker 3 (24:31):
Because a lot of a lot of these foreign governments realized, hey,
I can give a subsidy to their business so they
can sell it cheaper and put America's factories out of work,
and then once they get a monopoly, they can raise
the price through the roof or threatened to withhold their
products to pressure our foreign policy, like we're going to
hold back precious metals from China unless you came to us,
(24:54):
and it's like, this isn't the place we want to be.
Speaker 4 (24:56):
Yeah.
Speaker 6 (24:57):
William Fetter is a historian, he's an author. We're talking
about the very topic of his book, Interesting History of
Income Tax. It will not just fascinate you, it will
shock you and blow your mind. When we talk about
dismantling the Federal Department of Education, we're talking about something
that its origins may be rooted in what Jimmy Carter
(25:18):
needed to do to secure the union vote of educators
to win an election to a few things the government
was overseeing, and we thought we needed a department to
make sure it was being handled correctly. Compared to what
it's become today, a socialization and doctrination, funding, stranglehold, and takeover,
and the test scores prove it's a failure. But if
you think that's something that's always been I was a
(25:42):
junior so my education up to junior year was prior
to the Department of Education. But listen, when we're talking
about tariffs and everything and free trade, look at how
much you paid in taxes and still load on April fifteenth.
That's the cost of free trade. And this isn't even
that long ago either. We're talking about a permanent regressive
(26:04):
tax system. In my father's generation. This hasn't always been.
It's not working. We're thirty six trillion dollars in debt
and the things that Donald Trump is proposing is not radical.
It's a return to what had always been up until
not even eighty years ago, ninety years ago. So I
(26:25):
think that would be shocking to people, and they'll learn
a lot more about this if they get a copy
of the book. Go to americanminute dot com. What do
you I mean you must feel and you have books
on all topics which are wonderful, but on tax Day
in particular, it's you probably just must thirst for everyone
to read this book, not because you wrote it because
this is their origin and this is their way out.
Speaker 2 (26:49):
Yeah, there's so many different things, you know.
Speaker 3 (26:52):
Here's Justice Stephen Field. He is the Justice on the
Supreme Court. In the eighteen ninety four Pollock versus Farmers
Loan and Trust case, he says, the income tax law
inner consideration is class legislation. Whenever a distinction is made
in the burdens a law imposes or the benefit it
confers on any citizen by reason of birth, wealth, or
religion is class legislation and leads inevitably to oppression and abuse.
(27:16):
It's almost like, let's let's repeal Dei of Finances, right,
because there if you would tax one class at a
certain rate and another class at a certain rate, it's like,
wait a second, and then he concludes, He goes, it's
the same an essential character as that of the English
Income Statute of sixteen ninety one, which tax Protestants at
a certain rate, Catholics at double the rate, and Jews
(27:38):
at a third and separate rate. And so the idea
was it's unconstitutional. And then you had Woodrow Wilson pushing
through that one percent tax. Ironically, you had Roosevelt pushed
through an inheritance tax because which and then Tap pushes
(28:00):
through a corporate income tax, which we regret, but nevertheless,
it was Woodrow Wilson, and.
Speaker 6 (28:08):
Let's just give out the rich tax. Yeah, let's just
cut to the chase. And how has it worked out?
We've created a government that the American people claim that
they're dependent upon, but it's thirty six trillion dollars in
debt and half of their earnings are almost when you
add them all.
Speaker 4 (28:24):
Up, enslaved.
Speaker 6 (28:26):
It's as if you've enslaved yourself and taxed your way
into the very oppression that led to the origin of
our country. And it all starts with the father of
progressive rism, you know, Woodrow Wilson in the New Deal
an FDR. All right, so cut to the chase. What
is the lesson of this tax day? How do we
(28:47):
get here and how do we get out?
Speaker 3 (28:49):
Yeah? I would say, well, you know, when Millie became
the head of Argentina, he cut a lot of the
debt in the globalist strength hold on his country, and
for about a year it was rocky. But now it's
stable and people are investing in Argentina and it's becoming
prosperous again. And so it's my advice is give Trump's
(29:14):
tariffs a chance to work. You know. One of the
other things was John Mayner Kaines was an economist that
invented debt stimulated economy, and he convinced FDR to go
ahead and have the government go in debt to spend
money in the private sector to create jobs. Those jobs
would pay taxes, and the taxes would pay off the debt.
(29:34):
It sounded good on a chalkboard, but what happened was
the government would go in debt and spend money in
their districts to buy votes, and then they would never
want to get rid of the debt because the next
Congress would want to go more in debt. And here
we are, as you mentioned, thirty six trillion dollars in debt.
We can't even pay the interest on it. And here
we are giving money to Ukraine and countries all around
(29:54):
the world, and it's like we're we don't have that money.
We're borrowing it from China and borrowing it from our
children through inflation, and they're having to pay us. So
we need to get our house in order.
Speaker 6 (30:06):
And you know what, and that starts with returning to
what we don't even do. The federal government's conveniently removed
Civics and much of the accurate history in our education system.
But all of us listening this morning, we've got to
go back to history. You have to have that lens,
You have to have that foundation. You cannot understand today
until you understand how we got there. This book will
(30:29):
blow your mind. Interesting history of the income text by
William Federer. You'll find it at americanminute dot com. So
great to reunite. Let's not make it another couple of years.
Let's talk soon. God bless you, sir, look forward to it.
Speaker 4 (30:43):
This is your Morning Show with Michael del Chrono.
Speaker 6 (30:47):
The federal government announced it's freezing more than two billion
dollars in grants to Harvard University.
Speaker 8 (30:53):
The move comes hours after the school said it would
not accept the Trump administration's proposed conditions to continue federal
funding included auditing the viewpoints of students and faculty and
punishing students who took part in pro Palestinian protests on
campus last year. The administration's Joint Task Force to combat
Anti Semitism says the harassment of Jewish students is intolerable
(31:13):
and that it's time for elite universities to take the
problem seriously and commit to meaningful change if they want
to continue receiving taxpayer support.
Speaker 4 (31:21):
I'm Mark Neeview.
Speaker 6 (31:22):
Tech giant Nvidia is out with plans to build manufacturing
plants in Texas.
Speaker 9 (31:26):
That will for the first time allow for a company
to produce domestically made artificial intelligence supercomputers. They'll be in
Houston and Dallas. Production at both plants, they say is
expected to ramp up in the next year, and they
say it will create hundreds of thousands of jobs and
drive jillions of dollars in economic security over the coming decades.
Speaker 4 (31:44):
I'm Lisa Taylor.
Speaker 6 (31:45):
The private spaceflight company Blue Origin made history with its
first ever all female crew in SubOrbit flight. One of
the passengers, Katie Perry, gave the ride a ten out
of tax to.
Speaker 7 (31:54):
Go to space is incredible and I wanted to model
courage and fearlessness.
Speaker 6 (32:00):
Was joined by Jeff Bezos, fiance Lauren Sanchez, and talk
show host Gail King, among others.
Speaker 4 (32:04):
Mick Jagger is engaged at eighty one.
Speaker 10 (32:08):
Prescript the eighty one year old rolling Stones front and
end proposed to Or three years ago, but Hamrick were
just recently confirmed their engagement in an interview with Paris Match,
the thirty seven year old revealing that they don't have
any set plans for a wedding. Jagger and Hamrick have
been together since twenty fourteen and sharea's son, who was born.
Speaker 4 (32:27):
In twenty sixteen. I'm Jennifer BULSONI Americans.
Speaker 6 (32:30):
They're more scared of losing their job than any time
since the pandemic. National Correspondent Roy O'Neil joins us to
examine the fear of unemployment and what people are doing
about it.
Speaker 4 (32:40):
Good morning, Rory, Hey there, Michael, good morning.
Speaker 5 (32:43):
Right.
Speaker 7 (32:43):
This data comes from the Federal Reserve Bank of New York,
and this is important a data set for them because
they really factor in some of this data as they
decide what to do with interest rates, raising them or
lowering them. What they found is about forty four percent
of the population thinks that unemployment will be higher this
time next year. That percentage is higher than we've seen
(33:06):
that anytime, as you said, since April of twenty twenty,
at the start of the pandemic.
Speaker 4 (33:10):
How much higher.
Speaker 6 (33:12):
I don't have that number, to be honest with you. Yeah,
I think it's like almost twelve percent or more. Do
you ever wonder what fuels this?
Speaker 4 (33:21):
Is it?
Speaker 3 (33:21):
Like?
Speaker 6 (33:22):
First of all, you know, polling such a tricky topic
in and of itself. Can you reach people anymore? Because
it's cell phone only, there's no landlines, and people don't
like to answer calls that show up as spam.
Speaker 4 (33:32):
That's number one.
Speaker 6 (33:32):
Number two, are you getting somebody that has something happening
in their industry or in their office? Is it something
they're picking up from the media. I mean, I wonder
where these fears come from and what to make of
all this? And I know it's an important number. I'm
just wondering how they arrive at it. There's no way
of really knowing right.
Speaker 7 (33:53):
Right, because the FED doesn't get too open with their
books here. But you again, it's also look at the
trend we are talking about that one data point. Let's
see what happens next month as they go along here.
But there's also a bit more uncertainty about their own jobs.
What fifteen point seven percent said they were concerned about
losing their own jobs in the year ahead. Now that's
(34:14):
at a twelvemonth high as well. So I don't think
that's really any surprise that there's a bit more uncertainty.
But we should also note that the long term questions here.
What they say, you know, what's going to happen next
year is one thing. But then when you ask these
same people how how will things look in three years
and five years, it's a very rosy picture.
Speaker 6 (34:32):
Yeah, so that gives you the sense to get the
ultimate victory. There's going to be some temporary pain and
that's coming out in this research as well. Roy O
Neil is always great reporting. We'll talk again tomorrow.
Speaker 5 (34:43):
A right.
Speaker 6 (34:43):
I don't know where this three hours went, but it flew.
I guess we had fun.
Speaker 1 (34:46):
We're all in this together.
Speaker 3 (34:47):
This is your Morning Show with Michael openhild jow Now
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
24/7 News: The Latest
The latest news in 4 minutes updated every hour, every day.
Therapy Gecko
An unlicensed lizard psychologist travels the universe talking to strangers about absolutely nothing. TO CALL THE GECKO: follow me on https://www.twitch.tv/lyleforever to get a notification for when I am taking calls. I am usually live Mondays, Wednesdays, and Fridays but lately a lot of other times too. I am a gecko.