President Trump hosts senior executives from major U.S. companies focused on boosting investment in the U.S. We ask economist and money wiz David Bahnsen how important it is to make things here to job creation, economic health and yes, ultimately addressing inflation?
You know her face and outward beauty, but now it’s time to get to know the life and lessons behind the face and fame. Christie Brinkley joins us to talk about her new memoir, “Uptown Girls.”
National Correspondent RORY O’NEILL shares the results of a new survey on how small businesses feel about their financial situation and their expectations for the future.
See omnystudio.com/listener for privacy information.
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Episode Transcript
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Speaker 1 (00:00):
Hey, it's me Michael. Your morning show can be heard
(00:01):
live five to eight am Central, six to nine Eastern
and great cities like Jackson, Mississippi, Akron, Ohio, or Columbus, Georgia.
We'd love to be a part of your morning routine
and we're grateful you're here.
Speaker 2 (00:12):
Now. Enjoy the podcast starting your morning off right.
Speaker 3 (00:17):
A new way of talk, a new way of understanding
because we're in this together.
Speaker 2 (00:24):
This is your morning show with Michael O'Dell charm. Thank you,
Mike mccahn. Seven minutes after the hour, and welcome to Thursday,
and welcome to May May the first you have our
Lord twenty twenty five. If you're just waking up, US
and Ukraine signed that mineral deal. It's official. President Trump
talked to Economy and Paul Numbers after a News Nation
(00:45):
town hall meeting. Meanwhile, Mama La Kamala was criticizing the
President and that really speaks to where we're headed in
this segment, which is Oh, by the way, Christy Brinkley,
if you want to go beyond the face and the
fame her memoir Uptown Girl, let you have a little
glimpse at a life. Days are long, and life is
short and life is tough, all the good, the bad,
(01:06):
the ugly, and the lessons learned. We'll visit with uptown
girl Christy Brinkley coming up next half hour. No, we
have a liner, and it's something I used to always
say at a previous radio station. We're not about right
versus left, or about right versus wrong. That's saying something.
There's a problem in America today where people are just
playing shirts and skins and us in them. And so
(01:28):
when ours in office, everything is great. When a day's
in office, we're all gonna die. And then when an
our's in the office of d say, well, this is
all chaos, recessions coming, and boy, I bet all those
Republicans regret electing Donald Trump and not Kamala Harris. Meanwhile,
Donald Trump's telling you this is the greatest first one
hundred days in the history of the presidency. Step away
(01:51):
from political narratives and seek true understanding. Now, it's possible
that narrative can be right. It's possible they can be
irrelevant and have nothing to do with right and wrong.
One of the ways I try to do that is
our weekly visit with David Bonson from the Bonson Financial Group,
He also presides over Dividend Cafe, which I highly encourage
(02:13):
people go to if you want more of his in
depth analysis. I saw him first. I think it was
on Fox Business. Is that how I found you, David?
That turned out you were a theologian and our first
interview was on your book I Believe on work, I
believe You're right. Seems so long ago. But what I
love about the segment, and a lot of my faithful
listeners love about the segment, is we don't play political narratives.
We talk real and by the way, on this topic
(02:35):
the economy. It's one of the great Achilles weaknesses of America.
We just don't get economy. So I know the definition
of a recession is and I know we've had one
down GDP and two would mean recession. But let's forget
the political narratives. One side says, this is chaos, this
is a tyrant, this is recession coming, and this is regret.
(02:57):
The other side saying it's the greatest thing ever. So
what is the economy right now and how close are
we too officially being in a recession.
Speaker 3 (03:08):
Well, here's the thing that is so frustrating for someone
like me, because I appreciate your compliment that I want
to call balls and strikes and offer nuance and not
worry about narratives.
Speaker 4 (03:19):
I'm one who.
Speaker 3 (03:20):
All at once believes we are likely headed in to recession,
that it will be largely because of the impact of
these announcements over the last month regarding tarris and trade.
And I don't think the Q one contraction that we
saw yesterday where the economy came back point three percent
when it was projected to grow point three percent, I
(03:42):
don't actually think that was related to it. I think
that you saw a big spike in Q one in
business investment, but unfortunately, it's very obvious that that spike
was because a lot of companies were getting orders in
ahead of the the tariffs. You had a twenty two
percent increase in business investment, so it was front loading
(04:06):
some of the capital expenditures in advance of the anticipated tariffs.
And the contraction was largely because of the way that
we measure imports and exports, and so you just had
a big inventory issue in advance of the tariffs. Now,
I think the recessionary fears are more in Q two data,
(04:28):
whereby I expect you're going to see a big contraction
and activity, and every single day, Michael, I'm getting more
anecdotal evidence. We're right now at about a fifty percent
drop in import activity in Los Angeles. We are confirmed
over one million containers of cargo that have been canceled
(04:50):
or delayed coming from China to the US, one million
containers of goods that are not getting into the US.
So I think those things are likely going to lead
to recession. By the way, you had mentioned before to
really hit home the point about not being partisan in
the way we look at this data.
Speaker 4 (05:11):
It isn't technically.
Speaker 3 (05:12):
True that two quarters in a row of contracting GDP
is what a recession is. It's a general rule of thumb,
but it is two quarters in a row contracting GDP
where there is a decline in wages, jobs, and corporate profits.
So there was two quarters at the beginning of twenty
twenty two where the GDP was lower, and everyone said,
(05:36):
see the Biden administration has given us a recession, and
they never declared a recession. The NBER, the National Bureau
of Economic Research, who gets to make these calls sort
of the referees of this, they never did, and the
media went crazy, and you know, I wrote an article
for a world magazine at the time arguing, you know,
(05:58):
it isn't really a recession because there's some data anomalies
that are a negative and GDP, and yet what.
Speaker 4 (06:05):
Kind of recession is it?
Speaker 3 (06:06):
Where jobs are going higher, wages are going higher, corporate
profits are going higher. It's like saying, you know, I'm
on a diet where I'm gaining weight, Like it just
sort of reverses the vocabulary.
Speaker 4 (06:17):
Well, maybe Trump, President Trump ends up with some of that,
because that's what I think.
Speaker 3 (06:20):
Q one was that the GDP did go negative, but
it wasn't really in the normal category we think of
as recessions. So you do such a good job of
this show calling balls and strikes, and as.
Speaker 4 (06:33):
Long as you keep having me on, I'm going to
do my best to do the same. Yeah.
Speaker 2 (06:36):
But David, but what is your what is your prognostication
is to when he has two down GDPs that them
not declaring. I mean, they're going to give the same
treatment to Trump you think that they gave to Biden worse.
Speaker 4 (06:48):
I mean, first of all, who's the they It's a
bunch of nerds. You know, these are not partisans.
Speaker 3 (06:54):
It's not the NBR is not Kamala Harris's polsters.
Speaker 4 (06:58):
It's just a bunch of nerds.
Speaker 3 (07:00):
They're not sitting around looking to step to spike the
thing for Biden or for Trump, or for Harris or
against Obamber, against Bush or it's just not true. And
by the way, they don't do it till much later. Okay,
when the data matters politically, it's like a day like yesterday,
when it comes out and you get all the warnings
(07:20):
on CNN GDP down, and two or three years ago
when it happened to Biden, Fox News going crazy, Oh
the GDP down.
Speaker 4 (07:29):
That's when it's matters.
Speaker 3 (07:31):
MBR comes in six months later and says, oh, yeah,
remember two quarters ago when that GDP was down. Well,
it turns out we're in a recession, or it turns out,
you know, we're not in a recession, I.
Speaker 2 (07:42):
Mean a recession. Yeah. No.
Speaker 3 (07:46):
My answer is that I believe we're more likely to
go and one than not and that and that that
is based on my projection of what I'm seeing now
in a in a decline of economic activity.
Speaker 2 (07:59):
So I was just gonna say, David, I'm to do
the reset because people tune in and out David Bonson's
when the financial Bonson Financial Group. He joins us every
Thursday to give a great analysis on the economy. What
did you make of the President and all the CEOs yesterday?
I I know Red was very curious and I was too.
These kinds of projected or announced investments that are coming,
(08:22):
What does that really accomplish or does it not accomplish?
Really until it's on the ground, the plants are built
and they're producing something, well.
Speaker 3 (08:31):
It doesn't produce something until it's on the ground. I
have announced many times in my life that I intended
to lose a lot of weight, and it has been irrelevant.
It has been totally irrelevant to the scale.
Speaker 4 (08:44):
Now I will say, by the way, that's not true.
Speaker 3 (08:46):
I did. I've lost thirty five pounds last year. So
there was one year in the year at which I
turned fifty where apparently it did matter. But for about
twenty years before that it didn't matter. So you know, look,
I don't want to I don't want to say anything
negative here.
Speaker 4 (09:01):
President Trump lives for those announcements.
Speaker 3 (09:03):
He loves them, and I believe some of them are substantive.
Speaker 4 (09:08):
But because a lot of these.
Speaker 3 (09:09):
Are coming from companies, I own and have been a
part of for years. I know the difference between companies
announcing things.
Speaker 4 (09:16):
For an audience of one, namely the.
Speaker 3 (09:19):
Occupant of sixteen hundred Pennsylvania Avenue, versus companies are announcing
new information. When a company like IBM, which I've owned
for many, many years.
Speaker 4 (09:29):
Comes out and says we're going to do fifty.
Speaker 3 (09:30):
Billion of infrastructure and R and D in the US,
and I go, well, that's what you've been doing every
year that I've been abounding. Those are not really new announcements.
But when they say, and we're going to increase the
portion of US hires, or we have a certain domestic focus,
we're moving certain things we were doing in Brussels to Alabama,
(09:52):
you know that has on the margin a chance of
being meaningful, and it certainly is stuff the President wants
to hear. But I'll I can tell you is a
lot of these announcements are kind of hyperbolic, and some
of them are substantive.
Speaker 2 (10:06):
Big picture though, here's what a lot of people have witnessed.
Maybe you could put it into perspective for them. They've
certainly witnessed this the last few years. One the dumbest
thing I think I've witnessed in my life was all
the notion that you could just turn an economy off
like with COVID, and like a light switch, turn it
back on. And the amount of unearned money, printed money
(10:29):
and not real money just dumped unearned into an economy.
What that did to inflation? And then the reverse of that,
I guess would be building an economy where we're back
to making things, making things that real people go to
work to make, and then real people at other jobs buy.
I mean that is, you know, so part of me
(10:51):
wants to see the President have kind of a long
term vision, one he won't be here to fulfill, but
start a direction towards. And the other part of me
is saying, pivot from these these terriffs that never should
have been threatened a s A p. It's about to
become a political demise, let alone an economic recession. Help
me sort all that out, these feelings I'm having.
Speaker 3 (11:14):
Yeah, I mean, you know, first of all, let me
just say, as someone who values very much the American
worker and wants desperately the American economy to be something
that lifts all boats, and I have no idea why
we believe that goods are somehow inerratively superior to services,
(11:34):
or that services are innarrowly superior to goods. You right
now are conducting a service. Okay, you are producing a
show that is a service by definition of economic vocabulary,
and and you are using equipment to do it. That
is the definition of a good.
Speaker 4 (11:53):
So goods and services both matter.
Speaker 3 (11:57):
And when we say we need to get back to
Americans making things, you know, there are a lot of
things we do not get need to get back to
Americans making that America that it can be made much
cheaper offshore, and that's okay. They are not going to
get some of these things made in America, and that's
because they can get made cheaper offshore, and then it
(12:17):
frees us up to do other things that are more profitable.
Speaker 4 (12:21):
And if we believe that every single.
Speaker 3 (12:24):
Good that Americans use by way of imports and that
we will find the jobs to have those made here
without cost going up five hundred percent, we are crazy.
Speaker 4 (12:37):
They're not going to do it.
Speaker 3 (12:39):
But it's okay because we don't need to because we
are the largest exporter of services in the world, and
there are tons of goods American things we make that
we make better than anyone else in the world.
Speaker 4 (12:53):
But most of those things are higher tech. They're higher IP,
their higher sophistication and very low vacation.
Speaker 3 (13:00):
Things coffee beans, widgets, certain t shirts. It's okay that
we're importing them at a very cheap price. But my
point to you is we need lower.
Speaker 4 (13:11):
Taxes, lower regulating drive those things.
Speaker 3 (13:14):
And yes, we have to walk back all these crazy
threats of tariffs.
Speaker 4 (13:18):
But then the President's done it. And I got to
tell you it's one of the funniest things.
Speaker 3 (13:22):
I've ever heard, saying. Oh, everyone said stock prices we're
going to go down, but look at they're really not
down that much anymore.
Speaker 4 (13:28):
And it's like a.
Speaker 3 (13:30):
Crazy person is running around on the freeway naked, and
then we go, hey, look everything's better.
Speaker 4 (13:36):
We got this guy off the freeway. But he was
on the freeway. Now we took him off the freeway.
Speaker 2 (13:42):
Right as I speak to you on an electro voice
probably made in Michigan, maybe made here in Tennessee microphone
with my backup German Sindheiser microphone, with my Japanese Yama
board and my back in computer. That is an amazing
teachable moment right there on Goods and services and the
(14:05):
ones that really don't matter, and I really don't I
don't necessarily need my board to be made in America
and to have costed more than the three hundred dollars
this one cost it cost. David Boson what's coming up
on the Dividend Cafe this week?
Speaker 3 (14:19):
I have to really kind of do an around the
horn this week. I got to cover the updated economic data.
Speaker 2 (14:25):
We got job.
Speaker 3 (14:26):
Support coming, a lot of companies reporting earnings, So we're.
Speaker 4 (14:29):
Going to do it general. Just let's do a lay
of the.
Speaker 3 (14:32):
Land of where we are in the economy, cover cover
a whole lot of categories. So looking forward to fun
Dividendcafe dot Com.
Speaker 2 (14:39):
Tomorrow, recession seems as though it's coming. How quickly could
the president pivot and end this tariff thing, whether he
takes a couple of victories and then just moves on
dot Org. How quickly does he need to put this
behind him for us?
Speaker 3 (14:53):
To us, it's really about China, It's really about China, Michael.
He's pretty much already pivoted with everybody else. He's walked
back most of the things that we're doing damage with Japan, India, Korea, Vietnam, Canada,
Mexico auto industry. There's more room to walk back, there's
more room to get some of the deals announced and
all that kind of stuff.
Speaker 4 (15:13):
But it's really China that's a big one.
Speaker 3 (15:16):
It's your Morning Show with Michael del Churno.
Speaker 2 (15:20):
Mamala Kamala. She had her big speech in San Francisco
and these were her first public remarks since losing the
big race against Donald Trump.
Speaker 5 (15:32):
The American people deserve leaders who make their.
Speaker 3 (15:37):
Lives better and make our country stronger.
Speaker 2 (15:42):
Well, that's in the eye of the beholder. And then
she goes on to tell everybody who owns the country,
this country is ours.
Speaker 3 (15:51):
It doesn't belong to whoever is in the White House.
Speaker 2 (15:56):
We the people, in a democratic process, elected Donald Trum.
We the people stand behind Donald Trump on everything he's
done on the border that they would describe as chaos.
Or are they just talking to When they win, the
government belongs to the people. When they lose, it belongs
to a tyrant. Now let you figure that out. Hi.
Speaker 6 (16:18):
I'm actress Lisa Varga and my morning show is your
Morning Show with Michael Del Giorno.
Speaker 1 (16:28):
Hey, it's Michael reminding you that your morning show can
be heard live each weekday morning five to eighth Central,
six to nine Eastern in great cities like Nashville, Tennessee
two Below, Mississippi, and Sacramento, California. We'd love to be
a part of your morning routine and take the drive
to work with you, but better late than never. We're
grateful you're here now. Enjoy the podcast.
Speaker 2 (16:47):
Thanks for bringing us along with you on the Aaron
streaming live on your right Heart radio app. This is
the show that belongs to you. This is your morning show.
I'm Michael del Jarno. I don't know what I was
expecting when Christy Wrinkley's book came out, Uptown Girl, a Memoir.
I mean, I remember seeing her face a lot. I
remember those iconic cameos and the vacation movies, and who
(17:10):
could forget All of a sudden, she just pops up
in a video named after this memoir, Uptown Girl, with
Billy Joel, who she would later marry and have a
child with. What I found was a really raw, honest,
thoughtful reflection on a life lived, things, tragedies overcome, and
(17:35):
lessons really learned that can be applied to our life.
I really really loved the book and so thrilled to
have her with us. Christy Brinkley, good morning.
Speaker 7 (17:42):
Thank you, thank you for the compliment on the book.
I'm loving it and.
Speaker 2 (17:46):
For all of us that just remember you iconically and
our thanks for all the pictures too, but the words
most important.
Speaker 4 (17:55):
You know.
Speaker 2 (17:55):
The first thing that came to my mind reading the
book was, boy, days are long, but life is short,
isn't it? I mean for you and me, because it
seems like yesterday is a teenager. I'm watching you in
the video Uptown Girl, or seeing you at the grocery
store on magazine covers, or watching the vacation movies, and
now here we are all a little bit older and
a little bit wiser. What I was telling my audience
(18:17):
was everybody knows your face, but what they don't know
is the life you've lived and the wisdom that's come
from it, and that life is tough and it beats
us up, but we learn a lot along the way.
I guess that was the reason for writing this right.
Speaker 6 (18:30):
Well, I yes and no. I started. My dad always
said to me, honey, if you don't do anything else,
promise me you'll write about your romantic years in Paris.
So that was one book that I thought the whole
book would just be Paris because.
Speaker 7 (18:49):
It was magic.
Speaker 2 (18:51):
It's where it all began.
Speaker 6 (18:52):
Then I had a few divorces, and as I got
further away from the divorces, they started seeming funnier and
funnier to me, and I started looking at them like
a Nancy Myers movie, and I thought maybe I should
write a script and present it to Nancy Myers, my
favorite director.
Speaker 7 (19:13):
A girl could lucky, you never know.
Speaker 6 (19:16):
And then I found my journals in my cleaning out
my art studio, and I sat down and started reading
a few pages, and there's such fun adventures and funny
stories and detail in there, and I thought there's something here.
So I took the whole lump of ideas into a
(19:40):
couple publishers, and I got a letter back from Lisa
Sharky at HarperCollins, and she wrote the most magnificent letter
about why I really should write a book. Because after
I did all of that, then I sort of pulled
back and thought that was really presumptuous of me to
go in there and act like anybody'd want to read
(20:02):
a book about my life.
Speaker 7 (20:04):
And so when they.
Speaker 6 (20:05):
Called to do a follow up, I was like, no,
I've decided against it. And then I got the letter
and she convinced me. As soon as I got to
the end of the letter, I thought, Okay, maybe she'll
help me write it.
Speaker 2 (20:18):
Well, that's what I loved. But that's what I loved
about it. Christy. Everybody knows your face. You're trapped in time,
in our life and our memory, and I hope there's
some interest. I know I had a lot, and the
book fulfilled it. In the life that you lived, I
mean mistakes, you made, a chance, fortune that took you,
but that always comes at a price. There was so
(20:38):
much to learn and really finally know about you, somebody
we recognized but didn't really know. I'm so glad you
did it. I'm just wondering how you're doing having done it.
Some things are best done relived, aren't they.
Speaker 6 (20:51):
You know some chapters I really didn't want to write.
I didn't want to go there, and it was painful,
and so I made them as short as I possibly could.
I did not go into all the sort of details.
I tried to give, you know, an understanding of that
(21:13):
moment in time, and then tried to move on. And
I think even that much was difficult to do. But
each one of those bad moments led to something discs
a discovery about myself, a lesson for my kids and me,
(21:39):
a launching pad to take on a challenge, you know,
to sometimes when something bad happens, you got something to
prove that, no, you're not going to keep me down.
I'm not going to just you know, and you get
this courage that you never knew you had. There's there's
a lot of different things that you can take out
(22:00):
of it.
Speaker 7 (22:01):
But I found in reviewing my life.
Speaker 6 (22:04):
Like that that I'm actually so grateful for everything that
happened to me. You know, it was a very securitous
route to finding each one of my children, right. But
po I mean, you know, I say in my book,
I went to hell, and like, I mean, it was
hell at one point, but I came out with a
(22:27):
beautiful angel my son.
Speaker 2 (22:28):
Yeah. That's great. And there's an old expression, Christy, that
life is best understood looking backwards, unfortunately, has to be
lived looking forward. I think that's part of what they're
going to experience when they read the book. Christy Brinkley
out with the book a memoir Uptown Girl. I thought,
you know, a lot of people of course, the connection
is with you and Billy Joel, because let's face it,
he I think, is one of the most talented performers
(22:50):
and songwriters and consequential artists of my lifetime. And every
time I hear him in interviews, it's it's almost more
interesting than even the music. And he's is such an
eat guy. I loved what he said to you because
I think, out of everybody, whenever you do a memoir
and people are still alive, they're going to read it.
And he told you seven words, simple words to say
(23:11):
what you need to say. I thought that was really cool,
because not everything you had to say was positive.
Speaker 6 (23:16):
Yeah, and I think, no, he he's I think it's
just the strength of his character. You know, he knows
who he is. He knows and he knows that. He
said to me once that people make mistakes, and in fact,
mistakes are a person at their most original, which is
(23:39):
very interesting to me. Yeah, and so you know, we
all make mistakes. I mean, I don't know if it
ended up in the book the fine I can't remember
because you know, oh, I know you're through and then
the readers go through, and then they count the words
and then they have to edit it.
Speaker 2 (23:57):
Oh, I wrote a book the minute you're done writing
it is the beginning, not the end.
Speaker 7 (24:01):
Yeah, it's so true.
Speaker 6 (24:02):
Oh it's awful the deadlines right like, okay, we've done this,
now you reread it, and now you make any changes
to that one.
Speaker 2 (24:11):
Oh wait, you get to book signings, Christie, it's even
more fun.
Speaker 7 (24:14):
Oh I'm on day three now, oh d three.
Speaker 2 (24:17):
Okay that you're already there.
Speaker 7 (24:19):
Oh yeah.
Speaker 6 (24:20):
I signed five hundred books in a row the other day,
and this afternoon I'm signing four hundred.
Speaker 2 (24:26):
So I was trying to figure out what of all
these stories I would pick. I mean, listen, I remember
when I was twenty years old and nobody looked at
me or noticed me, let alone discovered me at a
phone booth in Paris, And next thing you know, I'm
on every magazine cover. Or what that fame would have
done to my life at that age, or relationships. Relationships
are hard enough, let alone with everyday household names and
(24:49):
all the temptations that come along with their fame. And
I was trying to think if I could pick one story,
but you really can't write it's not one major one
in childhood or it's all of them together, the cumulative
adding up of all of them. Because I did notice
some things in your childhood that I think came to
marriage with you, which reminded me, just as the readers,
(25:09):
you can get some positive feedback. This is why I've
loved my daughters so perfectly, so they know what love is.
I feel sorry for any guy selfish guy or a cheat,
or somebody that's cheap or doesn't know how to cherish.
They're never going to make it past a date with
my daughter because I showed them how a man cherishes
a woman. So you know, some of these things aren't
(25:31):
all of our blame, but they all come with us
until we figure it out. At what age do you
think you figured it out? And what will you're figuring
it out? As they're reading reveal about their life.
Speaker 6 (25:42):
Oh that's a big question. I mean I still think.
I think every day you're still there's still more lessons
to learn and more ways to evolve.
Speaker 7 (25:54):
And you know, I just I follow.
Speaker 2 (25:59):
I follow.
Speaker 6 (26:00):
My dad always said to me, baby, you write your
own script. And I always tell my kids that number one,
the most important thing in the world is love, and
you always want to make sure that everyone you love
knows how much.
Speaker 7 (26:18):
You love them.
Speaker 6 (26:20):
And next you need to always be aware that each
day that you have is a magnificent gift and it's
yours to decide how you want to live that day.
It's yours, you know, to decide. I want to make
every person I encounter smile.
Speaker 4 (26:40):
You know.
Speaker 6 (26:40):
There's some people that go out and they want to
like be an online hater, you know.
Speaker 7 (26:46):
But and sometimes you wonder, like is this getting through?
Speaker 6 (26:51):
And my daughter Sailor has a couple dainty tiny tattoos,
and the first one she got was on her pointer finger,
and I said, what is that saying? It says I decide,
And I thought, oh, so she was listening.
Speaker 2 (27:07):
Yeah, Christy Brinkley. The book is called Uptown Girl. I think,
you know, as I was reading it, like a kind
of sense, as you were reliving a lot of this stuff,
just being realistic. I think we're too hard on ourselves.
Sometimes I'm not one of these love yourself thing. I
focus on God and I'm in the process of decreasing
while he increases. And but like you, I look back
and when I made big mistakes, Oh, Christy, I made
(27:28):
big ones, I mean big embarrassing ones. And at some point,
you just got to give yourself a little slack. I mean,
you're not Failures are a blessing and a curse. If
you learn from them, they're a blessing. But there was
a lot of that, I think throughout the book with you,
and it was very, very powerful and refreshing to see
someone experience that as they were writing.
Speaker 6 (27:48):
Yeah, I was just saying to Alexa, like reading my
journals because I would encourage everyone to read them. But
I could see, like, for instance, that you know, the
divorce with Billy was so hard when I decided with
my life was now this wild West experience, and he,
(28:12):
you know, wanted to do his visitations and I it
was so hard for him. And to his credit, he
flew in to tell your ride, which is one of
the hardest airports to get into, you know, the runway short,
it's on a cliff, it's on a you know, mountain peak,
and but he came for every visitation. So he was
(28:35):
a really good dad. And I, you know, that was
a rather rash decision on my part. You know, so
you see things that maybe you wish you'd done better,
and uh, but then again, you know, we're I think
we're all doing the best we can. And as long
(28:55):
as we all have good intentions and set our intentions
towards love and happiness, then I think will be all right.
Speaker 2 (29:06):
Yeah, I mean everything being as beautiful as you. Blessing
or a curse could have been both. I mean, it's
not a lot of things in motion you weren't ready for, right,
you know, marriage blessing occurs. You know, once you look
at your child, that ends that right blessing. But you
kind of add these up one by one as they're
reading the chapters. And I love the thought that everybody
(29:27):
knows your face, but they don't know the life you
lived or the lessons you've learned and how it applies
to their life. And I know they're going to get
that when they read the book. That much is a
mission accomplished for you. You did a terrific job.
Speaker 7 (29:37):
Well, thank you so much, Paul.
Speaker 2 (29:40):
Wrote in Romans eight twenty eight. All, and we know
that all things work together for the good to them
that love God, to them that are called the Corner's Purpose.
I'm not suggesting this as a faith book in any way,
but the faithfulness of that God, even when we're faithless,
exists throughout this book and you just see, you know,
(30:02):
life best understood. Looking backwards, you can see a whole
life in your hand, and you can see all the
trouble coming before it comes. But the perseverance and what
you leave life with having learned that I think is powerful.
I don't know how to say it other than one.
(30:25):
She got her looks from her mother. There's a picture
of her mom with Elvis, and you get a sense
she definitely looks just like her mom. Her mom is
as beautiful as she is, just never was discovered. It's
a complex relationship with her father and her ex husbands,
you know, talking about tell you right, that's where the
helicopter crash took place. That she survived it. Really, it
(30:46):
really shocked me how much I enjoyed this book. You'd think,
who wants to read a memoir from a supermodel, or
maybe you're somewhat interested because of the Billy Joel ties
and those are some graphic chapters. I actually have to
look you in the eye and highly recommend Uptown Girl,
a memoir by Christy Brinkley. You'll find it everywhere great
books are sold, especially at Amazon. This is Your Morning
(31:10):
Show with Michael Del Chrono We're on the Aaron streaming
live on your iHeartRadio app, the US and Ukraine Sign
of Minerals deal an Arizona man indicted on five counts
of arson after a fire in a Tesla dealership, and
Jade Vance will be casting the tie breaking vote to
kill the Senate resolution that would undo President Trump's trade policy.
Are the top stories waking up? Rory O'Neil jee, I
(31:31):
just went from uptown girl Christy Brinkley, the cute girl
in class, to the bully, Rory O'Neal's jobs, our national correspondent.
All right, we have the results of a new survey,
and this one in particular on how small businesses feel
about the financial situation and their expectations for the future
heading into the next one hundred days. Would we find Rory.
Speaker 4 (31:54):
Yeah, Michael.
Speaker 5 (31:55):
According to this Wall and Up survey, there's a lot
of optimism for growth out there. More than three five
small business owners believe that this now is a good
time for small businesses to grow. They were asked, so,
what are your biggest challenges? Fifty three percent said that
they need access to capital. They need more financing now
than they did a year ago. A third of them
(32:16):
said that taxes are their biggest frustration. A quarter of
them said inflation was, but two thirds sixty six percent
of small business owners said tariffs are not good for
small businesses.
Speaker 2 (32:29):
No, we just had a long conversation with David Boonson,
who believes the recession is coming just by definition now
whether or not it'll be formally called a recession and
will stay very long. And the big question mark is
where the president goes. He's already winding things down on tariffs,
but he's got to finish it with China. But you know,
you talk about taxes, that's a huge one, right because
(32:50):
people forget small business owners usually filed their taxes not
as a corporate taxes. So getting and I know that
these speaker said he'll get it done sometime before Memorial
Days his prediction. But getting these tax cuts made permanent,
the tax on overtime, the tax on tips, and the
(33:11):
getting rid of the tax on social Security, these are
all biggies. But yeah, and then we should probably add
that fourth and the list. And for small businesses, these
tax cuts are huge.
Speaker 5 (33:20):
Im state and local taxes for those small businesses as well.
Don't forget, you know, they're tax at every level like
the rest of us. So you can see why they
have a lot of that frustration there. But interesting that
that was a complaint of a third of those small
business owners, followed by inflation and then the difficulties in
getting access to.
Speaker 2 (33:38):
Lines of credit. What's holding up the capital?
Speaker 4 (33:41):
Yeah, it's interesting.
Speaker 5 (33:42):
You know they say that small business owners say they're
not treated as well as civilians or or you know,
regular joes individuals when it comes to accessing that kind
of capital, and they say they get worse rates, and
they think it's unfair that small businesses get worse interest
traits on their accounts and credit cards than typical consumers.
Speaker 2 (34:04):
Boy, from this survey to the desk of the president,
this is something they should be working on and helping
small business with great reporting. I don't have to tell
you all these voices are killing you. You are on
the decline fast. We need some local honey Rory's way.
I hope you're here tomorrow. We'll talk soon. And thanks
for persevering through the allergies. We're all in this together.
(34:24):
This is your Morning Show with Michael nhild Joano
Hey, it's me Michael. Your morning show can be heard
(00:01):
live five to eight am Central, six to nine Eastern
and great cities like Jackson, Mississippi, Akron, Ohio, or Columbus, Georgia.
We'd love to be a part of your morning routine
and we're grateful you're here.
Speaker 2 (00:12):
Now. Enjoy the podcast starting your morning off right.
Speaker 3 (00:17):
A new way of talk, a new way of understanding
because we're in this together.
Speaker 2 (00:24):
This is your morning show with Michael O'Dell charm. Thank you,
Mike mccahn. Seven minutes after the hour, and welcome to Thursday,
and welcome to May May the first you have our
Lord twenty twenty five. If you're just waking up, US
and Ukraine signed that mineral deal. It's official. President Trump
talked to Economy and Paul Numbers after a News Nation
(00:45):
town hall meeting. Meanwhile, Mama La Kamala was criticizing the
President and that really speaks to where we're headed in
this segment, which is Oh, by the way, Christy Brinkley,
if you want to go beyond the face and the
fame her memoir Uptown Girl, let you have a little
glimpse at a life. Days are long, and life is
short and life is tough, all the good, the bad,
(01:06):
the ugly, and the lessons learned. We'll visit with uptown
girl Christy Brinkley coming up next half hour. No, we
have a liner, and it's something I used to always
say at a previous radio station. We're not about right
versus left, or about right versus wrong. That's saying something.
There's a problem in America today where people are just
playing shirts and skins and us in them. And so
(01:28):
when ours in office, everything is great. When a day's
in office, we're all gonna die. And then when an
our's in the office of d say, well, this is
all chaos, recessions coming, and boy, I bet all those
Republicans regret electing Donald Trump and not Kamala Harris. Meanwhile,
Donald Trump's telling you this is the greatest first one
hundred days in the history of the presidency. Step away
(01:51):
from political narratives and seek true understanding. Now, it's possible
that narrative can be right. It's possible they can be
irrelevant and have nothing to do with right and wrong.
One of the ways I try to do that is
our weekly visit with David Bonson from the Bonson Financial Group,
He also presides over Dividend Cafe, which I highly encourage
(02:13):
people go to if you want more of his in
depth analysis. I saw him first. I think it was
on Fox Business. Is that how I found you, David?
That turned out you were a theologian and our first
interview was on your book I Believe on work, I
believe You're right. Seems so long ago. But what I
love about the segment, and a lot of my faithful
listeners love about the segment, is we don't play political narratives.
We talk real and by the way, on this topic
(02:35):
the economy. It's one of the great Achilles weaknesses of America.
We just don't get economy. So I know the definition
of a recession is and I know we've had one
down GDP and two would mean recession. But let's forget
the political narratives. One side says, this is chaos, this
is a tyrant, this is recession coming, and this is regret.
(02:57):
The other side saying it's the greatest thing ever. So
what is the economy right now and how close are
we too officially being in a recession.
Speaker 3 (03:08):
Well, here's the thing that is so frustrating for someone
like me, because I appreciate your compliment that I want
to call balls and strikes and offer nuance and not
worry about narratives.
Speaker 4 (03:19):
I'm one who.
Speaker 3 (03:20):
All at once believes we are likely headed in to recession,
that it will be largely because of the impact of
these announcements over the last month regarding tarris and trade.
And I don't think the Q one contraction that we
saw yesterday where the economy came back point three percent
when it was projected to grow point three percent, I
(03:42):
don't actually think that was related to it. I think
that you saw a big spike in Q one in
business investment, but unfortunately, it's very obvious that that spike
was because a lot of companies were getting orders in
ahead of the the tariffs. You had a twenty two
percent increase in business investment, so it was front loading
(04:06):
some of the capital expenditures in advance of the anticipated tariffs.
And the contraction was largely because of the way that
we measure imports and exports, and so you just had
a big inventory issue in advance of the tariffs. Now,
I think the recessionary fears are more in Q two data,
(04:28):
whereby I expect you're going to see a big contraction
and activity, and every single day, Michael, I'm getting more
anecdotal evidence. We're right now at about a fifty percent
drop in import activity in Los Angeles. We are confirmed
over one million containers of cargo that have been canceled
(04:50):
or delayed coming from China to the US, one million
containers of goods that are not getting into the US.
So I think those things are likely going to lead
to recession. By the way, you had mentioned before to
really hit home the point about not being partisan in
the way we look at this data.
Speaker 4 (05:11):
It isn't technically.
Speaker 3 (05:12):
True that two quarters in a row of contracting GDP
is what a recession is. It's a general rule of thumb,
but it is two quarters in a row contracting GDP
where there is a decline in wages, jobs, and corporate profits.
So there was two quarters at the beginning of twenty
twenty two where the GDP was lower, and everyone said,
(05:36):
see the Biden administration has given us a recession, and
they never declared a recession. The NBER, the National Bureau
of Economic Research, who gets to make these calls sort
of the referees of this, they never did, and the
media went crazy, and you know, I wrote an article
for a world magazine at the time arguing, you know,
(05:58):
it isn't really a recession because there's some data anomalies
that are a negative and GDP, and yet what.
Speaker 4 (06:05):
Kind of recession is it?
Speaker 3 (06:06):
Where jobs are going higher, wages are going higher, corporate
profits are going higher. It's like saying, you know, I'm
on a diet where I'm gaining weight, Like it just
sort of reverses the vocabulary.
Speaker 4 (06:17):
Well, maybe Trump, President Trump ends up with some of that,
because that's what I think.
Speaker 3 (06:20):
Q one was that the GDP did go negative, but
it wasn't really in the normal category we think of
as recessions. So you do such a good job of
this show calling balls and strikes, and as.
Speaker 4 (06:33):
Long as you keep having me on, I'm going to
do my best to do the same. Yeah.
Speaker 2 (06:36):
But David, but what is your what is your prognostication
is to when he has two down GDPs that them
not declaring. I mean, they're going to give the same
treatment to Trump you think that they gave to Biden worse.
Speaker 4 (06:48):
I mean, first of all, who's the they It's a
bunch of nerds. You know, these are not partisans.
Speaker 3 (06:54):
It's not the NBR is not Kamala Harris's polsters.
Speaker 4 (06:58):
It's just a bunch of nerds.
Speaker 3 (07:00):
They're not sitting around looking to step to spike the
thing for Biden or for Trump, or for Harris or
against Obamber, against Bush or it's just not true. And
by the way, they don't do it till much later. Okay,
when the data matters politically, it's like a day like yesterday,
when it comes out and you get all the warnings
(07:20):
on CNN GDP down, and two or three years ago
when it happened to Biden, Fox News going crazy, Oh
the GDP down.
Speaker 4 (07:29):
That's when it's matters.
Speaker 3 (07:31):
MBR comes in six months later and says, oh, yeah,
remember two quarters ago when that GDP was down. Well,
it turns out we're in a recession, or it turns out,
you know, we're not in a recession, I.
Speaker 2 (07:42):
Mean a recession. Yeah. No.
Speaker 3 (07:46):
My answer is that I believe we're more likely to
go and one than not and that and that that
is based on my projection of what I'm seeing now
in a in a decline of economic activity.
Speaker 2 (07:59):
So I was just gonna say, David, I'm to do
the reset because people tune in and out David Bonson's
when the financial Bonson Financial Group. He joins us every
Thursday to give a great analysis on the economy. What
did you make of the President and all the CEOs yesterday?
I I know Red was very curious and I was too.
These kinds of projected or announced investments that are coming,
(08:22):
What does that really accomplish or does it not accomplish?
Really until it's on the ground, the plants are built
and they're producing something, well.
Speaker 3 (08:31):
It doesn't produce something until it's on the ground. I
have announced many times in my life that I intended
to lose a lot of weight, and it has been irrelevant.
It has been totally irrelevant to the scale.
Speaker 4 (08:44):
Now I will say, by the way, that's not true.
Speaker 3 (08:46):
I did. I've lost thirty five pounds last year. So
there was one year in the year at which I
turned fifty where apparently it did matter. But for about
twenty years before that it didn't matter. So you know, look,
I don't want to I don't want to say anything
negative here.
Speaker 4 (09:01):
President Trump lives for those announcements.
Speaker 3 (09:03):
He loves them, and I believe some of them are substantive.
Speaker 4 (09:08):
But because a lot of these.
Speaker 3 (09:09):
Are coming from companies, I own and have been a
part of for years. I know the difference between companies
announcing things.
Speaker 4 (09:16):
For an audience of one, namely the.
Speaker 3 (09:19):
Occupant of sixteen hundred Pennsylvania Avenue, versus companies are announcing
new information. When a company like IBM, which I've owned
for many, many years.
Speaker 4 (09:29):
Comes out and says we're going to do fifty.
Speaker 3 (09:30):
Billion of infrastructure and R and D in the US,
and I go, well, that's what you've been doing every
year that I've been abounding. Those are not really new announcements.
But when they say, and we're going to increase the
portion of US hires, or we have a certain domestic focus,
we're moving certain things we were doing in Brussels to Alabama,
(09:52):
you know that has on the margin a chance of
being meaningful, and it certainly is stuff the President wants
to hear. But I'll I can tell you is a
lot of these announcements are kind of hyperbolic, and some
of them are substantive.
Speaker 2 (10:06):
Big picture though, here's what a lot of people have witnessed.
Maybe you could put it into perspective for them. They've
certainly witnessed this the last few years. One the dumbest
thing I think I've witnessed in my life was all
the notion that you could just turn an economy off
like with COVID, and like a light switch, turn it
back on. And the amount of unearned money, printed money
(10:29):
and not real money just dumped unearned into an economy.
What that did to inflation? And then the reverse of that,
I guess would be building an economy where we're back
to making things, making things that real people go to
work to make, and then real people at other jobs buy.
I mean that is, you know, so part of me
(10:51):
wants to see the President have kind of a long
term vision, one he won't be here to fulfill, but
start a direction towards. And the other part of me
is saying, pivot from these these terriffs that never should
have been threatened a s A p. It's about to
become a political demise, let alone an economic recession. Help
me sort all that out, these feelings I'm having.
Speaker 3 (11:14):
Yeah, I mean, you know, first of all, let me
just say, as someone who values very much the American
worker and wants desperately the American economy to be something
that lifts all boats, and I have no idea why
we believe that goods are somehow inerratively superior to services,
(11:34):
or that services are innarrowly superior to goods. You right
now are conducting a service. Okay, you are producing a
show that is a service by definition of economic vocabulary,
and and you are using equipment to do it. That
is the definition of a good.
Speaker 4 (11:53):
So goods and services both matter.
Speaker 3 (11:57):
And when we say we need to get back to
Americans making things, you know, there are a lot of
things we do not get need to get back to
Americans making that America that it can be made much
cheaper offshore, and that's okay. They are not going to
get some of these things made in America, and that's
because they can get made cheaper offshore, and then it
(12:17):
frees us up to do other things that are more profitable.
Speaker 4 (12:21):
And if we believe that every single.
Speaker 3 (12:24):
Good that Americans use by way of imports and that
we will find the jobs to have those made here
without cost going up five hundred percent, we are crazy.
Speaker 4 (12:37):
They're not going to do it.
Speaker 3 (12:39):
But it's okay because we don't need to because we
are the largest exporter of services in the world, and
there are tons of goods American things we make that
we make better than anyone else in the world.
Speaker 4 (12:53):
But most of those things are higher tech. They're higher IP,
their higher sophistication and very low vacation.
Speaker 3 (13:00):
Things coffee beans, widgets, certain t shirts. It's okay that
we're importing them at a very cheap price. But my
point to you is we need lower.
Speaker 4 (13:11):
Taxes, lower regulating drive those things.
Speaker 3 (13:14):
And yes, we have to walk back all these crazy
threats of tariffs.
Speaker 4 (13:18):
But then the President's done it. And I got to
tell you it's one of the funniest things.
Speaker 3 (13:22):
I've ever heard, saying. Oh, everyone said stock prices we're
going to go down, but look at they're really not
down that much anymore.
Speaker 4 (13:28):
And it's like a.
Speaker 3 (13:30):
Crazy person is running around on the freeway naked, and
then we go, hey, look everything's better.
Speaker 4 (13:36):
We got this guy off the freeway. But he was
on the freeway. Now we took him off the freeway.
Speaker 2 (13:42):
Right as I speak to you on an electro voice
probably made in Michigan, maybe made here in Tennessee microphone
with my backup German Sindheiser microphone, with my Japanese Yama
board and my back in computer. That is an amazing
teachable moment right there on Goods and services and the
(14:05):
ones that really don't matter, and I really don't I
don't necessarily need my board to be made in America
and to have costed more than the three hundred dollars
this one cost it cost. David Boson what's coming up
on the Dividend Cafe this week?
Speaker 3 (14:19):
I have to really kind of do an around the
horn this week. I got to cover the updated economic data.
Speaker 2 (14:25):
We got job.
Speaker 3 (14:26):
Support coming, a lot of companies reporting earnings, So we're.
Speaker 4 (14:29):
Going to do it general. Just let's do a lay
of the.
Speaker 3 (14:32):
Land of where we are in the economy, cover cover
a whole lot of categories. So looking forward to fun
Dividendcafe dot Com.
Speaker 2 (14:39):
Tomorrow, recession seems as though it's coming. How quickly could
the president pivot and end this tariff thing, whether he
takes a couple of victories and then just moves on
dot Org. How quickly does he need to put this
behind him for us?
Speaker 3 (14:53):
To us, it's really about China, It's really about China, Michael.
He's pretty much already pivoted with everybody else. He's walked
back most of the things that we're doing damage with Japan, India, Korea, Vietnam, Canada,
Mexico auto industry. There's more room to walk back, there's
more room to get some of the deals announced and
all that kind of stuff.
Speaker 4 (15:13):
But it's really China that's a big one.
Speaker 3 (15:16):
It's your Morning Show with Michael del Churno.
Speaker 2 (15:20):
Mamala Kamala. She had her big speech in San Francisco
and these were her first public remarks since losing the
big race against Donald Trump.
Speaker 5 (15:32):
The American people deserve leaders who make their.
Speaker 3 (15:37):
Lives better and make our country stronger.
Speaker 2 (15:42):
Well, that's in the eye of the beholder. And then
she goes on to tell everybody who owns the country,
this country is ours.
Speaker 3 (15:51):
It doesn't belong to whoever is in the White House.
Speaker 2 (15:56):
We the people, in a democratic process, elected Donald Trum.
We the people stand behind Donald Trump on everything he's
done on the border that they would describe as chaos.
Or are they just talking to When they win, the
government belongs to the people. When they lose, it belongs
to a tyrant. Now let you figure that out. Hi.
Speaker 6 (16:18):
I'm actress Lisa Varga and my morning show is your
Morning Show with Michael Del Giorno.
Speaker 1 (16:28):
Hey, it's Michael reminding you that your morning show can
be heard live each weekday morning five to eighth Central,
six to nine Eastern in great cities like Nashville, Tennessee
two Below, Mississippi, and Sacramento, California. We'd love to be
a part of your morning routine and take the drive
to work with you, but better late than never. We're
grateful you're here now. Enjoy the podcast.
Speaker 2 (16:47):
Thanks for bringing us along with you on the Aaron
streaming live on your right Heart radio app. This is
the show that belongs to you. This is your morning show.
I'm Michael del Jarno. I don't know what I was
expecting when Christy Wrinkley's book came out, Uptown Girl, a Memoir.
I mean, I remember seeing her face a lot. I
remember those iconic cameos and the vacation movies, and who
(17:10):
could forget All of a sudden, she just pops up
in a video named after this memoir, Uptown Girl, with
Billy Joel, who she would later marry and have a
child with. What I found was a really raw, honest,
thoughtful reflection on a life lived, things, tragedies overcome, and
(17:35):
lessons really learned that can be applied to our life.
I really really loved the book and so thrilled to
have her with us. Christy Brinkley, good morning.
Speaker 7 (17:42):
Thank you, thank you for the compliment on the book.
I'm loving it and.
Speaker 2 (17:46):
For all of us that just remember you iconically and
our thanks for all the pictures too, but the words
most important.
Speaker 4 (17:55):
You know.
Speaker 2 (17:55):
The first thing that came to my mind reading the
book was, boy, days are long, but life is short,
isn't it? I mean for you and me, because it
seems like yesterday is a teenager. I'm watching you in
the video Uptown Girl, or seeing you at the grocery
store on magazine covers, or watching the vacation movies, and
now here we are all a little bit older and
a little bit wiser. What I was telling my audience
(18:17):
was everybody knows your face, but what they don't know
is the life you've lived and the wisdom that's come
from it, and that life is tough and it beats
us up, but we learn a lot along the way.
I guess that was the reason for writing this right.
Speaker 6 (18:30):
Well, I yes and no. I started. My dad always
said to me, honey, if you don't do anything else,
promise me you'll write about your romantic years in Paris.
So that was one book that I thought the whole
book would just be Paris because.
Speaker 7 (18:49):
It was magic.
Speaker 2 (18:51):
It's where it all began.
Speaker 6 (18:52):
Then I had a few divorces, and as I got
further away from the divorces, they started seeming funnier and
funnier to me, and I started looking at them like
a Nancy Myers movie, and I thought maybe I should
write a script and present it to Nancy Myers, my
favorite director.
Speaker 7 (19:13):
A girl could lucky, you never know.
Speaker 6 (19:16):
And then I found my journals in my cleaning out
my art studio, and I sat down and started reading
a few pages, and there's such fun adventures and funny
stories and detail in there, and I thought there's something here.
So I took the whole lump of ideas into a
(19:40):
couple publishers, and I got a letter back from Lisa
Sharky at HarperCollins, and she wrote the most magnificent letter
about why I really should write a book. Because after
I did all of that, then I sort of pulled
back and thought that was really presumptuous of me to
go in there and act like anybody'd want to read
(20:02):
a book about my life.
Speaker 7 (20:04):
And so when they.
Speaker 6 (20:05):
Called to do a follow up, I was like, no,
I've decided against it. And then I got the letter
and she convinced me. As soon as I got to
the end of the letter, I thought, Okay, maybe she'll
help me write it.
Speaker 2 (20:18):
Well, that's what I loved. But that's what I loved
about it. Christy. Everybody knows your face. You're trapped in time,
in our life and our memory, and I hope there's
some interest. I know I had a lot, and the
book fulfilled it. In the life that you lived, I
mean mistakes, you made, a chance, fortune that took you,
but that always comes at a price. There was so
(20:38):
much to learn and really finally know about you, somebody
we recognized but didn't really know. I'm so glad you
did it. I'm just wondering how you're doing having done it.
Some things are best done relived, aren't they.
Speaker 6 (20:51):
You know some chapters I really didn't want to write.
I didn't want to go there, and it was painful,
and so I made them as short as I possibly could.
I did not go into all the sort of details.
I tried to give, you know, an understanding of that
(21:13):
moment in time, and then tried to move on. And
I think even that much was difficult to do. But
each one of those bad moments led to something discs
a discovery about myself, a lesson for my kids and me,
(21:39):
a launching pad to take on a challenge, you know,
to sometimes when something bad happens, you got something to
prove that, no, you're not going to keep me down.
I'm not going to just you know, and you get
this courage that you never knew you had. There's there's
a lot of different things that you can take out
(22:00):
of it.
Speaker 7 (22:01):
But I found in reviewing my life.
Speaker 6 (22:04):
Like that that I'm actually so grateful for everything that
happened to me. You know, it was a very securitous
route to finding each one of my children, right. But
po I mean, you know, I say in my book,
I went to hell, and like, I mean, it was
hell at one point, but I came out with a
(22:27):
beautiful angel my son.
Speaker 2 (22:28):
Yeah. That's great. And there's an old expression, Christy, that
life is best understood looking backwards, unfortunately, has to be
lived looking forward. I think that's part of what they're
going to experience when they read the book. Christy Brinkley
out with the book a memoir Uptown Girl. I thought,
you know, a lot of people of course, the connection
is with you and Billy Joel, because let's face it,
he I think, is one of the most talented performers
(22:50):
and songwriters and consequential artists of my lifetime. And every
time I hear him in interviews, it's it's almost more
interesting than even the music. And he's is such an
eat guy. I loved what he said to you because
I think, out of everybody, whenever you do a memoir
and people are still alive, they're going to read it.
And he told you seven words, simple words to say
(23:11):
what you need to say. I thought that was really cool,
because not everything you had to say was positive.
Speaker 6 (23:16):
Yeah, and I think, no, he he's I think it's
just the strength of his character. You know, he knows
who he is. He knows and he knows that. He
said to me once that people make mistakes, and in fact,
mistakes are a person at their most original, which is
(23:39):
very interesting to me. Yeah, and so you know, we
all make mistakes. I mean, I don't know if it
ended up in the book the fine I can't remember
because you know, oh, I know you're through and then
the readers go through, and then they count the words
and then they have to edit it.
Speaker 2 (23:57):
Oh, I wrote a book the minute you're done writing
it is the beginning, not the end.
Speaker 7 (24:01):
Yeah, it's so true.
Speaker 6 (24:02):
Oh it's awful the deadlines right like, okay, we've done this,
now you reread it, and now you make any changes
to that one.
Speaker 2 (24:11):
Oh wait, you get to book signings, Christie, it's even
more fun.
Speaker 7 (24:14):
Oh I'm on day three now, oh d three.
Speaker 2 (24:17):
Okay that you're already there.
Speaker 7 (24:19):
Oh yeah.
Speaker 6 (24:20):
I signed five hundred books in a row the other day,
and this afternoon I'm signing four hundred.
Speaker 2 (24:26):
So I was trying to figure out what of all
these stories I would pick. I mean, listen, I remember
when I was twenty years old and nobody looked at
me or noticed me, let alone discovered me at a
phone booth in Paris, And next thing you know, I'm
on every magazine cover. Or what that fame would have
done to my life at that age, or relationships. Relationships
are hard enough, let alone with everyday household names and
(24:49):
all the temptations that come along with their fame. And
I was trying to think if I could pick one story,
but you really can't write it's not one major one
in childhood or it's all of them together, the cumulative
adding up of all of them. Because I did notice
some things in your childhood that I think came to
marriage with you, which reminded me, just as the readers,
(25:09):
you can get some positive feedback. This is why I've
loved my daughters so perfectly, so they know what love is.
I feel sorry for any guy selfish guy or a cheat,
or somebody that's cheap or doesn't know how to cherish.
They're never going to make it past a date with
my daughter because I showed them how a man cherishes
a woman. So you know, some of these things aren't
(25:31):
all of our blame, but they all come with us
until we figure it out. At what age do you
think you figured it out? And what will you're figuring
it out? As they're reading reveal about their life.
Speaker 6 (25:42):
Oh that's a big question. I mean I still think.
I think every day you're still there's still more lessons
to learn and more ways to evolve.
Speaker 7 (25:54):
And you know, I just I follow.
Speaker 2 (25:59):
I follow.
Speaker 6 (26:00):
My dad always said to me, baby, you write your
own script. And I always tell my kids that number one,
the most important thing in the world is love, and
you always want to make sure that everyone you love
knows how much.
Speaker 7 (26:18):
You love them.
Speaker 6 (26:20):
And next you need to always be aware that each
day that you have is a magnificent gift and it's
yours to decide how you want to live that day.
It's yours, you know, to decide. I want to make
every person I encounter smile.
Speaker 4 (26:40):
You know.
Speaker 6 (26:40):
There's some people that go out and they want to
like be an online hater, you know.
Speaker 7 (26:46):
But and sometimes you wonder, like is this getting through?
Speaker 6 (26:51):
And my daughter Sailor has a couple dainty tiny tattoos,
and the first one she got was on her pointer finger,
and I said, what is that saying? It says I decide,
And I thought, oh, so she was listening.
Speaker 2 (27:07):
Yeah, Christy Brinkley. The book is called Uptown Girl. I think,
you know, as I was reading it, like a kind
of sense, as you were reliving a lot of this stuff,
just being realistic. I think we're too hard on ourselves.
Sometimes I'm not one of these love yourself thing. I
focus on God and I'm in the process of decreasing
while he increases. And but like you, I look back
and when I made big mistakes, Oh, Christy, I made
(27:28):
big ones, I mean big embarrassing ones. And at some point,
you just got to give yourself a little slack. I mean,
you're not Failures are a blessing and a curse. If
you learn from them, they're a blessing. But there was
a lot of that, I think throughout the book with you,
and it was very, very powerful and refreshing to see
someone experience that as they were writing.
Speaker 6 (27:48):
Yeah, I was just saying to Alexa, like reading my
journals because I would encourage everyone to read them. But
I could see, like, for instance, that you know, the
divorce with Billy was so hard when I decided with
my life was now this wild West experience, and he,
(28:12):
you know, wanted to do his visitations and I it
was so hard for him. And to his credit, he
flew in to tell your ride, which is one of
the hardest airports to get into, you know, the runway short,
it's on a cliff, it's on a you know, mountain peak,
and but he came for every visitation. So he was
(28:35):
a really good dad. And I, you know, that was
a rather rash decision on my part. You know, so
you see things that maybe you wish you'd done better,
and uh, but then again, you know, we're I think
we're all doing the best we can. And as long
(28:55):
as we all have good intentions and set our intentions
towards love and happiness, then I think will be all right.
Speaker 2 (29:06):
Yeah, I mean everything being as beautiful as you. Blessing
or a curse could have been both. I mean, it's
not a lot of things in motion you weren't ready for, right,
you know, marriage blessing occurs. You know, once you look
at your child, that ends that right blessing. But you
kind of add these up one by one as they're
reading the chapters. And I love the thought that everybody
(29:27):
knows your face, but they don't know the life you
lived or the lessons you've learned and how it applies
to their life. And I know they're going to get
that when they read the book. That much is a
mission accomplished for you. You did a terrific job.
Speaker 7 (29:37):
Well, thank you so much, Paul.
Speaker 2 (29:40):
Wrote in Romans eight twenty eight. All, and we know
that all things work together for the good to them
that love God, to them that are called the Corner's Purpose.
I'm not suggesting this as a faith book in any way,
but the faithfulness of that God, even when we're faithless,
exists throughout this book and you just see, you know,
(30:02):
life best understood. Looking backwards, you can see a whole
life in your hand, and you can see all the
trouble coming before it comes. But the perseverance and what
you leave life with having learned that I think is powerful.
I don't know how to say it other than one.
(30:25):
She got her looks from her mother. There's a picture
of her mom with Elvis, and you get a sense
she definitely looks just like her mom. Her mom is
as beautiful as she is, just never was discovered. It's
a complex relationship with her father and her ex husbands,
you know, talking about tell you right, that's where the
helicopter crash took place. That she survived it. Really, it
(30:46):
really shocked me how much I enjoyed this book. You'd think,
who wants to read a memoir from a supermodel, or
maybe you're somewhat interested because of the Billy Joel ties
and those are some graphic chapters. I actually have to
look you in the eye and highly recommend Uptown Girl,
a memoir by Christy Brinkley. You'll find it everywhere great
books are sold, especially at Amazon. This is Your Morning
(31:10):
Show with Michael Del Chrono We're on the Aaron streaming
live on your iHeartRadio app, the US and Ukraine Sign
of Minerals deal an Arizona man indicted on five counts
of arson after a fire in a Tesla dealership, and
Jade Vance will be casting the tie breaking vote to
kill the Senate resolution that would undo President Trump's trade policy.
Are the top stories waking up? Rory O'Neil jee, I
(31:31):
just went from uptown girl Christy Brinkley, the cute girl
in class, to the bully, Rory O'Neal's jobs, our national correspondent.
All right, we have the results of a new survey,
and this one in particular on how small businesses feel
about the financial situation and their expectations for the future
heading into the next one hundred days. Would we find Rory.
Speaker 4 (31:54):
Yeah, Michael.
Speaker 5 (31:55):
According to this Wall and Up survey, there's a lot
of optimism for growth out there. More than three five
small business owners believe that this now is a good
time for small businesses to grow. They were asked, so,
what are your biggest challenges? Fifty three percent said that
they need access to capital. They need more financing now
than they did a year ago. A third of them
(32:16):
said that taxes are their biggest frustration. A quarter of
them said inflation was, but two thirds sixty six percent
of small business owners said tariffs are not good for
small businesses.
Speaker 2 (32:29):
No, we just had a long conversation with David Boonson,
who believes the recession is coming just by definition now
whether or not it'll be formally called a recession and
will stay very long. And the big question mark is
where the president goes. He's already winding things down on tariffs,
but he's got to finish it with China. But you know,
you talk about taxes, that's a huge one, right because
(32:50):
people forget small business owners usually filed their taxes not
as a corporate taxes. So getting and I know that
these speaker said he'll get it done sometime before Memorial
Days his prediction. But getting these tax cuts made permanent,
the tax on overtime, the tax on tips, and the
(33:11):
getting rid of the tax on social Security, these are
all biggies. But yeah, and then we should probably add
that fourth and the list. And for small businesses, these
tax cuts are huge.
Speaker 5 (33:20):
Im state and local taxes for those small businesses as well.
Don't forget, you know, they're tax at every level like
the rest of us. So you can see why they
have a lot of that frustration there. But interesting that
that was a complaint of a third of those small
business owners, followed by inflation and then the difficulties in
getting access to.
Speaker 2 (33:38):
Lines of credit. What's holding up the capital?
Speaker 4 (33:41):
Yeah, it's interesting.
Speaker 5 (33:42):
You know they say that small business owners say they're
not treated as well as civilians or or you know,
regular joes individuals when it comes to accessing that kind
of capital, and they say they get worse rates, and
they think it's unfair that small businesses get worse interest
traits on their accounts and credit cards than typical consumers.
Speaker 2 (34:04):
Boy, from this survey to the desk of the president,
this is something they should be working on and helping
small business with great reporting. I don't have to tell
you all these voices are killing you. You are on
the decline fast. We need some local honey Rory's way.
I hope you're here tomorrow. We'll talk soon. And thanks
for persevering through the allergies. We're all in this together.
(34:24):
This is your Morning Show with Michael nhild Joano
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