Payroll’s increased 150,000 plus in April, well over 55,000 expected. Economist David Bahnsen joins us to explain why estimations get this far off.
President Trump is in Beijing for meetings with his Chinese counterpart, President Xi. National Correspondent RORY O’NEILL will have the latest on the summit, as well as any updates on Iran.
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Episode Transcript
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Speaker 1 (00:00):
Hey, gang, it's Michael. Your morning show can be heard
live each weekday morning on great radio stations like k
EIB and Los Angeles, WFDF nine ten AM Detroit, Michigan,
the Superstation and the Rock of Talk sixteen hundred AM
KIVA and Albuquerque, New Mexico. We'd love to have you
listen live every morning, but glad you're here now for
the podcast. Enjoy were.
Speaker 2 (00:22):
Starting your morning off right. A new way of talk,
a new way of understanding, because we're in this together.
Speaker 3 (00:31):
This is your.
Speaker 2 (00:33):
Morning show with Michael o'bill Trump.
Speaker 1 (00:37):
President Trump enjoying a wonderful state dinner with the President.
She even as we speak, in China's the negotiations continued.
Protests in Havana are breaking out as Cuba runs out
of fuel, and the Cleveland Cavaliers move one win away
from a trip to the Eastern Conference Final. Haven't been
there since twenty eighteen, and the Avs eliminated the Wild
(00:59):
They await the winner of the Knights and the Ducks,
and boy did they do that in exciting fashion. The
Abs were down three to nothing, came back to tie
the game and win it, and overtime I suspected the
best in the NHL. But time, we'll tell payroll increased
one hundred and fifty thousand plus in April. I think
(01:21):
that's probably decent news for April. But what was interesting
is it was well over the fifty five thousand expected. Yeah,
two and a half times what was expected, and that
continues to be an ongoing norm. We had a caller
that was going to make the point that back when
Obama was in office and Rush Limbaugh was on the air,
(01:42):
they were constantly having to adjust down the actual numbers.
Are these things narrativized? Clearly the market sees through it.
But our economist and money was David Bonson is joining us.
I mean, David, if I were that far off on
projections consistently and persistently, I think I'd be fired by now,
wouldn't I.
Speaker 4 (02:00):
Well, I'm not sure what you mean by who is
down on the revisions. The revisions for the last year
have gone down every single month except for one. So
it's been the worst downward revisions of any period we've
ever seen. The worst one was for the entire last
year of the Biden administration. You remember, there's two different things.
There's the month by month revisions, where the BLS is
(02:23):
updating its own numbers, and then there's the annual division
where the actual pay rolls are reconciled with the monthly numbers.
And they took away nine hundred thousand jobs, and so
that's the the data. The numbers in terms of the
I think what you were referring to is the expectations,
(02:44):
and then they end up being higher or lower than
was expected those expections. Those expectations aren't governmental expectations, their
various market forecasters and econonomists and pundits, and then everybody's
number is blended together and say, okay, well one guy
expected one hundred and one guy expected eighty, so we're
calling it.
Speaker 3 (03:03):
An average of ninety.
Speaker 4 (03:05):
So you know, those numbers are based on various forms
of respective vapors. And look, the numbers right now are
really really interesting because the weekly initial job was claims,
which we're going to get this week's in about twenty minutes.
They've been very positive to be less numbers and continue
(03:27):
to be a mixed bad.
Speaker 3 (03:29):
Yeah.
Speaker 1 (03:30):
So reading into this, I know there was all the
fear of AI costing jobs and so on. Are we
seeing any signs of that or what do I guess
your take on all of these numbers and what they
say about the current state of the economy.
Speaker 5 (03:45):
Well, I believe that they have.
Speaker 4 (03:48):
The thing I was most encouraged by with last week's
number for the month of April is that the downward
revisions for the past two months were only sixteen thousand,
and I was worried they were going to be a
lot worse. And so that's a good thing that the
downward revisions have started to get a little bit better.
They're still downward, but they haven't been by as much.
(04:10):
Here's the good news is that nothing and I mean
nothing is indicating the recession coming. That there is still
positive job growth, and there is obviously not a big
picked up at this time in firings. The bad news
is that the pickup of hirings is really really low.
I mean, there's a lot less jobs being created now
(04:32):
than that had been in twenty twenty three and twenty four.
The other news is important to me, and the weeds
of it all because I have taken such a strong
position against the tariffs, is that the manufacturing jobs that
we were told were going to come because the tariffs
are woefully negative, like we are just destroying manufacturing jobs,
(04:55):
and that is the exact opposite of what we were
told was going to happen. So there's mixed news in there.
As you know, Michael, I don't happen to believe the
primary factor in job creation is political. I think there's
just other elements in the economy. You mentioned AI, but no,
we're not seeing a ton of job deterioration from AI
et I thought it was interesting that Cisco, which is
(05:17):
one of the companies in our Giving Growth portfolio, announced
yesterday had a huge quorder. The stock is up fifteen
percent this morning. So they're announcing all these good things
and that a lot of it is because Cisco is
so needed for the networking and security of AI and
AI investment other companies are making. And then they announced,
(05:38):
oh yeah, and also we're firing four thousand people, so.
Speaker 3 (05:43):
You'll have just a complete good news.
Speaker 4 (05:45):
Yeah yeah, But I suspect that could be a thing
you start to see of companies announcing good results and
yet less jobs, and that might start to get reflected
in the data.
Speaker 1 (05:56):
Economist David Bonds and joining us in the Bonds and
Financial Group. You know, we're seeing the narrative build and
I noticed three or four television stories on it. In
this notion that for the next generation, the job market
is terrible. If you're in your forties and fifties, hanging
(06:17):
on to your job is great, but finding a job
right out of college is a real problem in this economy.
Are we seeing any signs of that beyond narrative being true?
Speaker 4 (06:27):
Yeah, I guess. I guess it's true relative to the
type of job that people expected. I don't think it's
true that an industrious, resilient, you know, determined person wouldn't
be able to get a job. But I think that
there's some job disappointment right now for the younger sharation.
But what's interesting in that narrative, which is not totally
(06:47):
true but like not you know, completely dismissable either, what's
interesting is no one throws out there the possibility that
some of the reasons that twenty three year old twenty
four year olds are having a hard time getting that
first job is because they're the first generation in the
last fifty years that didn't work a job when they
were eighteen or seventeen. And I would like to see
(07:10):
someone connect the dots that are war on teenage part
time employment is burning our employment for full time people
in their early twenties.
Speaker 1 (07:21):
Yeah, and you know, obviously I've got one. I've got
two daughters that are going to be entering the healthcare field.
There's certain sectors that are stronger than others, but that
needs to be part of your decision making and where
you go to college, what you choose to major in,
and how much you want to rack up in debt
to get there, only to have a starting level job
(07:42):
that doesn't meet expectation. One of the things about the
President brilliant on this trip to China was who we
brought with him. You've got the Apple CEO, SpaceX, Tesla City, Boeing, Goldman, Sachs.
It definitely was arriving with carrot and stick. Why is
it so important for the President to bring all of
(08:03):
these CEOs with him in this conversation with China concerning
tech and business and what we can do together.
Speaker 4 (08:12):
Well, I guess before I answered, maybe you tell me
what why you think it's brilliant because I may be
missing something.
Speaker 1 (08:18):
Well, it could be brilliant just in terms of sending
the visual signal. It could be brilliant in terms of
they're there to advise him and help him in the
ongoing negotiations. They all get sat in different places, so
they're interacting with other Chinese officials, with the exception to
the one that got Steven Miller. That's an unfortunate sitting arrangement.
(08:41):
So I don't know, I don't know what it could.
It could be brilliant, couldn't be brilliant, but it certainly
sends a message. I mean, I think the president's coming
for more than just help with the strait of hormones.
Speaker 4 (08:51):
Yes, I agree, and so to an extent that there
is some negotiating posture or or something more than just
cosmetics and so forth around it. I would love that
to be the case, that there's something that will be beneficial.
My concern, Michael, and I'm not trying to be negative,
but I guess you could just look at it. At
least Devil's advocates is that it's going to reflect exactly
(09:14):
what policy has been over the last year, which is
we're trying to do more business between Nvidia and China
while American small businesses are getting killed by teriffs, right,
because that's really the message we were told is that
China is kicking our butts and we need to stop
selling them so many things and stop being so reliant
(09:36):
on them for rare earth minerals. And all we've done
is buy more rare earth minerals and sell them more semiconductors.
And now by bringing our major players, not our small businesses,
but the CEOs of the largest trillion dollar companies on Earth,
I'm worried that it reflects kind of administration's policy at
(09:58):
this point, which is, hey, China, we're here to do
a deal with you. Here's in Nvidia and here's Apple.
They're going to be doing more, but in the meantime,
we're keeping tarisan that are a hurting the American importer
or manufacturer with two hundred employees. So I may be
overthinking it, but that's my concern and I do not
(10:20):
go in rooting for this to go poorly. And I do,
by the way, very much hope and believe that there
is a geopolitical element in the toxic g around our
Iran situation where China can become an ally and helping
bring that to an end. So we'll see holf of
those and.
Speaker 1 (10:39):
That also, but that also presumes that that Iran is
the same kind of proxy that North Korea is and
they're not. They don't put regime preservation above ultimate mission.
I mean, Iran is is theocratically and chronically driven, so
they're never going to give up their ambition to destroy Israel.
In America, They're never going to give up their ambition
(11:02):
to conquer the world or die trying. So I don't
know how much China can be an influence other than
help with being an enforcer maybe, But I think it's
fascinating that we talk about carrot and stick. Perhaps the
real stick is to the small business owners here in America's.
Speaker 4 (11:22):
That's right, That's very true that on that domestic economic side,
I definitely agree. What I say on the Iran part
is that you know, I'm one hundred percent agreement with you.
Treating a theocratic hoodists enemy as if they value self
preservation is mistaken. What I think some in the administration believe, though,
is not that the current regime is susceptible to logic
(11:46):
and normal incentives, but that the Iranian people are, and
that there's enough in the masses of Iran that if
they can use this carrot and stick wisely enough that
they can actually provoke the Iranian people to push for
a regime change internally so far that's been hard to
come by.
Speaker 3 (12:07):
It seems like.
Speaker 1 (12:07):
The president, closing moments with David Bohnson is fixated on
having deals. In terms of IRN. I don't think you
need a deal. You're never going to get a piece deal.
You bombed. I mean, at best, it would take him
a decade to be a nuclear thread again, and you
could maintenance bomb every time they make a move on Richmond.
You've killed all their scientists, all their intelligence apparatus, You've
(12:30):
destroyed their navy. The Revolutionary Guard still needs a pounding,
and I think it's coming, and the strait of horn
Moves needs to be secured, and it's not that may
take more military presence, including some boots on an island
with special ops, but short of that, you just move on.
The end of story. But he's always wanted to hang
out and get a deal to wrap it up. Is
(12:51):
that what makes you most concerned that he's there with
all these CEOs and he's not leaving without a deal.
Speaker 4 (13:00):
I think the way i'd word it's a little different,
And I'm sorry I mean so negative of the President today,
but I don't think I'm being dishonest. I think it's
that what he likes the most is the appearance of
the deal, the announcement of a deal, and I think
he cares very little for how true and substantive and
real the deal is. I would rather get a deal
and have it stick, have it be substantive, have it
(13:21):
be beneficial. And I think that just being able to
announce we got a deal, it's sort of in his psyche.
He's a pr guy, a sales guy, all that stuff.
That is what it is. But I think when it
comes to being president, you know, we need a little
bit more shall we say, steak and a little less sizzle.
Speaker 1 (13:38):
Yeah, because I've always said, you know, if Iron had
cave and just signed a deal, would anybody have believed it?
Do you think they would have not pursued nuclear materials
any more than they would and don't.
Speaker 4 (13:49):
I don't think that that's any different now either. And
I think that I think that if we were to
leave and just say every time they move, we'll have
to go do more bombing.
Speaker 3 (13:58):
At the end of the day.
Speaker 4 (13:59):
The issue, there's nobody who wants that more than Iran,
as long as they still have the one thing they
care about, which is the threat of shutting down the
straight of poor mows. And it's a fascinating thing where
the worst thing that could happen for Iran is to
shut down the straight up poor mows because the only
thing that benefits them is the threat of doing it.
(14:21):
So if we leave this in a position where they
still have the ongoing leverage that all they have to
do is threaten to shut down straight bour mouse, they
still become the operative player. And that's the hardest part
to get out of this.
Speaker 2 (14:34):
Right now, this is your Morning Show with Michael del Chuno.
Speaker 1 (14:40):
President met with the Chinese leader Shijing Ping at the
Beijing Great Hall of the People last night. Speaking before
the meeting, President praised the Chinese president.
Speaker 4 (14:50):
It's an honor to be with you.
Speaker 3 (14:51):
It's an honor to be your friend.
Speaker 4 (14:53):
And the relationship between China and the USA is going
to be better than ever before.
Speaker 1 (14:58):
President Trump spoke directly to the Chinese president, You're a
great leader.
Speaker 4 (15:02):
I say it to everybody, You're a great leader. Sometimes
people don't like me saying it, but I say it
anyway because it's true.
Speaker 3 (15:08):
I already say the truth.
Speaker 1 (15:10):
President also touted the importance of this meeting, so.
Speaker 3 (15:12):
I really looked very much forward to our discussion. There's
a big discussion.
Speaker 4 (15:16):
There were those who say this is maybe the biggest
summit ever, they can never remember.
Speaker 3 (15:20):
Anything like it.
Speaker 1 (15:21):
Chinese President she gave opening remarks through a translator, calling
for cooperation. Should be partners, not rivals, so should help
each other succeed and prosper together and find the right
way for major countries to get along well with each
other in the new era.
Speaker 3 (15:36):
It's sure good.
Speaker 1 (15:38):
Tiger's lost three two to the Mets, Cards loss to
the A's six to two. Guardians one four two over
the Angels, Rais lost five three to the Jay's. Dbacks
loss to the Rangers, Dodgers shut out the Giants, Pirates
lost ten four to the Rockies, Padrey's three to one
over the Brewers. In NHL Playoffs, they were down three
to nothing but came back to tie it and win
it in overtime. Avs have eliminated the wild They advanced
to the Western Conference Final they'll take on the night.
(16:00):
So the Ducks and the Cavs beat the Pistons last night.
They're headed home with a chance to close out the
Eastern Conference or get to the Eastern Conference finals for
the first time since twenty eighteen.
Speaker 3 (16:12):
Hi there, I'm Kinny Stevens and my morning show is
your Morning Show with Michael belgorn Up.
Speaker 1 (16:22):
Hi, it's Michael. Your Morning show can be heard weekday
mornings in great cities like Tulsa, in Oklahoma City, Oklahoma, Memphis,
in Nashville, Tennessee. And we got you covered in California,
San Diego, Los Angeles, San Francisco, Sacramento. We'd love to
be a part of your morning routine. We're thrilled you here.
Now enjoy the podcast. I just got this from John.
(16:42):
There's a story floating around about the two presidents Trump
and She arguing about the history of our two countries.
They couldn't come to a common understanding or an agreement.
I guess you would call that, he said. She said,
oh serious, you can.
Speaker 3 (17:00):
Let me know.
Speaker 1 (17:03):
Yeah, and I Norman Fell laughed at that.
Speaker 3 (17:06):
It's pretty funny, very nicely done.
Speaker 1 (17:09):
Brett Bear getting as close to China as he can
thanks to a Fox mix up. So he is broadcasting
from Taiwan this morning. He'll be with us next week.
He's out with a new book that The last time
we visited with him, he talked about working on this
book and it coming out, so we had to catch
back up with him. It's called The Case for America
by Brett bar Brett will be with us next week.
John Ford Coley will join us tomorrow from England. Dan
(17:32):
and john Ford Coley and I gave it some more thought.
I'd really love to see you tonight. Fiftieth anniversary I
believe was eighth grade and I believe it was Camp
Hastings Homes Junior High Dance.
Speaker 3 (17:52):
That's how fast fifty years went by.
Speaker 1 (17:53):
Now tomorrow I will do this interview straight and pretend
that John and I are not very close friends, that
he's not actually bet at my house for Thanksgiving close friends.
What I want to do this interview straight, very professional.
Speaker 3 (18:09):
You and john Ford Connley are good friends. His name
is john Ford Colley. Holy. Sorry, yeah, well it happened.
You know, two very close friends. I have.
Speaker 1 (18:19):
One is Chess corsign I was basically telling an Amy
Grant story and forgetting that I now live in Nashville,
and all of a sudden the phone rings and it's
our manager, Chess Corzigin. And then Chas and I went
on to be good friends. I had been on the
air about a I don't know four or five months.
This is like almost twenty years ago. And I posted
something on Facebook and I noticed the comment. There was
(18:42):
a comment by john Ford Coley, and of course my
response to his comment was, You're not the same john
Ford Coley, because I mean I used to sit that
would be a power rotation artist for me. I mean,
I would listen to love is the answer. I really
love to see it. And I Knights of Forever one
of my face favorites. Was it sad to belong to
someone else when the right one comes along. I mean,
(19:03):
what a tragic reality. Oh, I thought she was right
and that I met you, dit me? What are you
talking about? I just I mean I knew you didn't
know that we were friends.
Speaker 3 (19:14):
I knew we had the people liner and you were acquaintances.
Speaker 1 (19:17):
I didn't know you were this well, yeah, because when
we first started, you know, all I have were my friends,
Scott Hamilton him right that we've since interviewed all these
stars and there's like I never hear Roseanne anymore? Why
from tote no Roseanne barb oh her liner? I never
hear that liner is like fourteen seconds and I have
to I have to call an audible. That was a
(19:39):
great interview, though I remember, oh my god, it was
nothing like we expect it was.
Speaker 3 (19:42):
It was phenomenal. That's right up there. My favorite I
was I told you this story.
Speaker 1 (19:47):
We were at the premiere gala down in Palm Beach
and one of the high as you can go up
people in all of iHeart was golfing with us and
he's making small talk with me. He goes, so, which
was the greatest interview ever? You know, kind of like
probably something he asks all his hosts. Sure, And of
course the honest answer was, and it probably sounded so lame,
(20:07):
was Jerry Springer.
Speaker 3 (20:08):
Jerry Springer is the most fascinating person I ever interviewed.
I've often heard that the character you see on TV
and the person you talk to off camera, Oh there
are two different, two different things. Yeah.
Speaker 1 (20:19):
He hung out with the RFK Robert F. Kennedy, worked
on his campaign for president, was a mayor of Cincinnati.
I mean, there's a lot to Jerry Springer. And you know,
I was did this twenty five thirty minute interview with him,
and he goes, you.
Speaker 3 (20:34):
Know, this one's so great. I want you to I
think I want you to speak at my funeral, and
then he did. He died a couple months later. Oh yeah,
just tragic, and nobody invited me to speak at his funeral.
Speaker 1 (20:43):
Anyway, I digress John Fortcoley tomorrow, Brettbaar next week.
Speaker 3 (20:48):
And now I want to have a little one on
one time with you.
Speaker 1 (20:50):
Obviously, you know we had a long conversation in our
first hour about urgent versus important, Just a little lesson
in life. If you don't plan your life and know
the difference between urgent and important, urgent will always keep
you from doing what's important. There's five million reasons today
why you won't spend quality time with your kids.
Speaker 3 (21:10):
Don't let it happen.
Speaker 1 (21:13):
There'll be five million reasons why you can worry about finances.
Don't let it happen. Spend some time doing something or
planning something important that will change those finances. Oh, the
difference between urgent and important is an important thing to
master early in life. And when we get into this conversation,
we're like, you know, everybody's viewing what's happening in China
(21:34):
as the most important thing, and I would say, no,
this testimony on COVID was the most important thing yesterday,
the most important thing that happened yesterday was in America,
not China. Quite frankly, for the future of the Republican
Party as well as our country, or the future of
both parties, because I think they're both dying.
Speaker 3 (21:55):
The conversation with JD.
Speaker 1 (21:56):
Van's not just on the fraud that's been discovered, but
the quote unquote game of apprentice that's being played with
the president and or dream ticket for its future could
potentially be more important.
Speaker 3 (22:11):
In fact, you could really boil down. The only thing.
Speaker 1 (22:14):
That's important happening in China is something urgent help with
the strait of Hormuz. No, make no mistake about it.
The most important thing happened in America. You had a whistleblower,
a CIA employee, James Erdman, the IID, testifying before a
Senate committee on Homeland Security, and not a single Democrat
(22:42):
showed up for it. One million Americans quote unquote supposedly
died due to COVID, and I think many many of
them are overcounted. They died of the COPD or emphysema
or heart disease or whatever their life had caused, but
(23:03):
because they had COVID at the time of their death,
they were counted as a COVID death. A lot of
that was done for reimbursement, So we don't know how
many people actually died of just COVID, just like no
one will ever tell you how many died of the
mRNA technology, but they did. But if a million did
die of COVID, how insensitive. Not a single Democrat is
(23:24):
interested in understanding this. No Democrats attended the committee hearing
the whistleblower who accused former director of National Institute of
Allergen and Infectious Diseases, Anthony Foucher. You remember he was
one that was crowned infallible. He was the face of
medical authority, and it is so obvious he covered up
(23:46):
details about the origins of COVID and that he actually
played a role in them. And then I brought up
the Milkin Institute video that I played often for my
Nashville audience. I don't think we've played it yet on
this national show. But this is all the scientists prior
to COVID. It's sitting around going, you know, this MRNI technology,
that's the future. But you know, we got a decade
of pesty trials to go through.
Speaker 3 (24:06):
It's going to be millions if not billions of dollars.
Speaker 1 (24:08):
And then one of the scientists goes, yeah, but wait,
what if one of these viruses we have leaked from
a lab and we had a worldwide crisis, then we
could rush it and then two months later it happened.
Or how about even jd Vance that we talk about, Well,
what he was doing, what he's doing.
Speaker 3 (24:27):
With fraud is very important.
Speaker 1 (24:29):
And now enter Ohio and we said, that's interesting this
week because will you be as interested in fraud and
red states as you are in blue states or are
we making this a partisan political weapon? Because fraud is fraud,
and if you're serious about it, well, let me just interject.
If you're serious about it, wouldn't you be serious about
the most ultimate fraud ever perpetrated by a country on
(24:51):
its people, like COVID that closed down every business in
the economy like a light switch, locked the healthy up.
Since when do you quarantine the healthy? And why is
it important? Because if you don't figure out what they
did to you the first time, they could do it
to you again with the hint of virus. I'm watching
(25:12):
the media and the Democrats trying to create that same
thing again. Well, it destroyed the first term of the president.
Maybe it can destroy the second And what difference does
it make if you understand the virus itself and how
it works, which is why it's so containable if you
(25:33):
don't understand the first one they lie to you about
that they helped create and not a single Democrat shows
up for the hearings. The widespread pattern of obstruction that
promoted the conclusions of a tight knit group of virologists
close to Anthony Faucci, while downplaying the conclusions of the
(25:56):
intelligence communities own biological experts. Then the lying under oath,
and ultimately the lives had cost and a technology that's
still being used. Oh, it's important to understand. Urgent and important.
And how about Axios. I got to give them credit.
(26:19):
The two best stories of the week both came from Axios.
We featured one yesterday Today's nobody's socializing with their neighbors anymore. Now.
The first thing you always do with these kinds of
stories is look into the mirror. I do talk with
somebody six houses down frequently. I never talked to my
neighbor on either side of me. Andrew and I love
(26:40):
our neighbor across the street, though we very rarely ever visit. Okay,
maybe I should read on. I might be guilty. Remember
when you always knew? It's funny. My brother was just
here and we were talking about our old neighborhood and
we were going buy house. Oh the ludofs right now,
start the ludos with the Kozaks and right next door
(27:02):
with the Litols.
Speaker 3 (27:02):
I mean we knew everybody. I couldn't do that for
you right now.
Speaker 1 (27:05):
I cannot tell you the last name of any of
my neighbors, including the one that I talked to. So
the story goes. Remember when you always knew and talk
to your neighbors?
Speaker 3 (27:17):
Not anymore.
Speaker 1 (27:19):
Share of Americans who say they speak with their neighbors
at least a few times a week. Americans are spending
more time at home, yet many have become strangers to
their neighbors, especially young Americans who are increasingly unlikely to
socialize with those living feet away but talk to thousands
(27:41):
of strangers online. Without casual conversations with neighbors who are
often from other races or have different religions or political ideologies,
people risk becoming more isolated, more dependent on superficial, algorithm
driven digital communities. I don't agree with that angle from
the axios, but they're ultimately describing the matrix, and that Israel.
(28:04):
And by the numbers, in twenty twelve, fifty one percent
of young Americans regularly engaged with their neighbors. Those were
always who were my friends growing up. I didn't choose them.
They happened to live next door or across the street.
It determined my friendships. Where their parents chose to buy
a house and where my parents chose to buy a
(28:24):
house is how we ended up friends. By the numbers,
in twenty twelve, fifty one percent of young Americans regularly
engaged with neighbors. According to the report, today the number
is plummeted to twenty five percent. Think of what it
plummeted to. I mean, you get to two. I don't
know when all this on phone? Phone is much later
(28:47):
than even internet. Right, Internet was somewhere late nineties, early
two thousands. Smartphones were somewhere around two thousand and six, seven, eight,
somewhere in there maybe eight. And it went down to
fifty one percent by twenty twelve, And now it's down
to twenty five percent. Is they want to take a
guess what's gonna be by the end of this decade. Now,
(29:07):
even in twenty twelve, fifty six percent of seniors socialized
with neighbors, and that was a seven point drop were broadly,
fifty nine percent of Americans chatted with neighbors a few
times per week in twenty twelve. In twenty twenty five,
that was down to forty one percent. Conclusion, in previous generations,
if you sat around your apartment long enough, you started
(29:31):
to go stir crazy, and that would often compel people
to go out, and when they went out, they met
neighbors and they developed relationships. It's similar to the movie
we previewed this week from The Fairly Brothers. It's not
about it being one of their funny ones, because it's
not one of their funniest, but it's a profound editorial
(29:52):
on how phones have destroyed lives in every kit. And
by the way, we were talking to the director and
Jeffrey will say, I'm not being I don't think he
even realized what he did. He proved in a single movie,
lose your phone, you'll gain your life. Lose those fake
relationships on your phone that are really loneliness and isolation,
(30:14):
and you'll make real relationships, life changing relationships.
Speaker 3 (30:19):
And they could be right next door to you right now.
How many neighbors can you name two in a row
for axios this week?
Speaker 1 (30:29):
It's funny how every time I looked at today important
always came to those stories.
Speaker 3 (30:40):
Not to China.
Speaker 1 (30:42):
Here's something that you concern every American who believes in
due process. Federal agencies are supposed to get subpoenas to
access your personal information. Now that takes a judge, that
takes probable cause, that takes the constitutional protections.
Speaker 3 (31:00):
Being reached.
Speaker 1 (31:06):
Do you know what some agencies do instead? They just
buy them, and they buy them from data brokers. Your
home address, your daily routine, your family members' names, your finances,
all legally purchased, no warrant, no judge, no due process, They.
Speaker 3 (31:22):
Just buy it.
Speaker 1 (31:24):
It should outrage you, outrage you to the action of
stopping it. And you can within cognate I, NCOGNI and
cognisance legal removal requests to hundreds of these data broker
companies on your behalf, and they keep sending them because
they never stop trying to relist you. In my case,
they remove me from five hundred and thirty eight data
broker sites in the first forty eight hours This is
(31:45):
how I protect myself and my family. And you should
to go to incognitate dot com use the promo code, Michael.
It's already affordable, but you'll get sixty percent off just
for being a your morning show listener and Cogniti dot
com promo code. Michael, God gave you a family. It's
worth protecting, and in Cogney helps you protect it. Go
to incognate I ncgn I in Cogni dot com promo
(32:06):
code and Michael.
Speaker 2 (32:07):
It's your Morning show with Michael del Chorno.
Speaker 3 (32:11):
It's so true.
Speaker 4 (32:12):
I'm live in a neighborhood for over fifty years.
Speaker 1 (32:16):
I couldn't tell you anybody's name except one neighbor.
Speaker 3 (32:20):
It's sad, it's true.
Speaker 1 (32:23):
Maybe we all need to make some brownies today and
knock on the next door neighbors tour, thank you, that's
our neighbor.
Speaker 3 (32:28):
In Wilmington, Delaware.
Speaker 1 (32:29):
President Trump still in China, the Senate confirming Kevin worsh
as the next chair of the FED. Protests in Evana
are breaking out over Cuba running out of fuel, and
the Cleveland Cavaliers are headed home. They could with a
win tomorrow advance to the Eastern Conference Finals for the
first time since twenty eighteen. Go Cabs and the Abs
(32:51):
in overtime knock out the wild They are headed to
the Western Conference Finals in the NHL Stanley Cup Playoffs,
they'll take on the Knights or the Ducks. Well, President
Trump in Beijing for meetings for the Chinese counterpart, President Shei.
Our national correspondent Roory Neil is here with the very
latest on the summit, as well as the updates of
developments in Iran.
Speaker 3 (33:10):
Good morning, Rory, Yeah, Good morning Michael.
Speaker 5 (33:12):
The readout from the White House is that after a
two hour meeting, things were rather productive, with the US
and China agreeing that Iran cannot be allowed to have
a nuclear weapon and that Iran cannot be allowed to
control the Strait of Hormuz, also saying that the Chinese
government has agreed to work harder to stop the fentanyl
(33:33):
chemicals from getting to the US. Now the Beijing version
of that same meeting, but much more of an emphasis
on Taiwan, calling it the issue that could potentially disrupt
the friendly relationship.
Speaker 3 (33:45):
Between the US and China.
Speaker 1 (33:48):
It's clear that fentanyl is still a high priority for
the US. The Strait of Horror, Moose is a high
priority for the US. Not allowing them ultimately to have
any weapon of mass destruction is also maybe a shared
But Taiwan and fetanol, those seem to be the areas
of differences, and there's just not a lot of public
conversation from She or Trump on that.
Speaker 5 (34:10):
Right now, they've got another day of meetings ahead, and
we suspect that there will be some more arm twisting,
I think by President Trump trying to make the argument
that it is in China's interest to also reopen the strait.
The question is is China going to use this opportunity
to tell the US, hey, look, you have to change
(34:32):
your relationship with Taiwan if you want us to twist
the arms of the Iranians in order to reopen the
Straight and turn over their weapons and their uranium.
Speaker 3 (34:42):
Yeah, so you got the carrot and the stick. It
was interesting.
Speaker 1 (34:45):
We had our Economist and Money with David Bonsa and
he said that stick is mainly for small businesses in
America who have been greatly affected by tariffs, as he's
flaunting all of these major companies that are going to
cooperate with China. But the stick could also be about
the Strait of horror moves or Taiwan. Taiwan may be
the one area they're not going to be able to
find any common ground. But you can't say it wasn't
(35:06):
a warm reception. You can't say they haven't been treating
the president with respect and they're all finding the right tone.
Can they get to the right conclusions? Time will tell
what's ahead in the last fifteen seconds.
Speaker 5 (35:16):
Tomorrow is a shortally big meeting, right, yeah, tomorrow will
be a big meeting. But also President Trump announcing President
she will be back at the White House in September
of this year. So both that's pretty short notice. I mean,
that's a bit quick turn around. So we'll see if
maybe things can develop.
Speaker 3 (35:33):
Only one chance to live this day. It'll never happen again.
Speaker 1 (35:35):
Go make a difference in someone's life, meet a neighbor,
and cherish your life.
Speaker 3 (35:39):
We'll see in the morning.
Speaker 2 (35:40):
We're all in this together. This is your Morning Show
with Michael nheld Choo
Hey, gang, it's Michael. Your morning show can be heard
live each weekday morning on great radio stations like k
EIB and Los Angeles, WFDF nine ten AM Detroit, Michigan,
the Superstation and the Rock of Talk sixteen hundred AM
KIVA and Albuquerque, New Mexico. We'd love to have you
listen live every morning, but glad you're here now for
the podcast. Enjoy were.
Speaker 2 (00:22):
Starting your morning off right. A new way of talk,
a new way of understanding, because we're in this together.
Speaker 3 (00:31):
This is your.
Speaker 2 (00:33):
Morning show with Michael o'bill Trump.
Speaker 1 (00:37):
President Trump enjoying a wonderful state dinner with the President.
She even as we speak, in China's the negotiations continued.
Protests in Havana are breaking out as Cuba runs out
of fuel, and the Cleveland Cavaliers move one win away
from a trip to the Eastern Conference Final. Haven't been
there since twenty eighteen, and the Avs eliminated the Wild
(00:59):
They await the winner of the Knights and the Ducks,
and boy did they do that in exciting fashion. The
Abs were down three to nothing, came back to tie
the game and win it, and overtime I suspected the
best in the NHL. But time, we'll tell payroll increased
one hundred and fifty thousand plus in April. I think
(01:21):
that's probably decent news for April. But what was interesting
is it was well over the fifty five thousand expected. Yeah,
two and a half times what was expected, and that
continues to be an ongoing norm. We had a caller
that was going to make the point that back when
Obama was in office and Rush Limbaugh was on the air,
(01:42):
they were constantly having to adjust down the actual numbers.
Are these things narrativized? Clearly the market sees through it.
But our economist and money was David Bonson is joining us.
I mean, David, if I were that far off on
projections consistently and persistently, I think I'd be fired by now,
wouldn't I.
Speaker 4 (02:00):
Well, I'm not sure what you mean by who is
down on the revisions. The revisions for the last year
have gone down every single month except for one. So
it's been the worst downward revisions of any period we've
ever seen. The worst one was for the entire last
year of the Biden administration. You remember, there's two different things.
There's the month by month revisions, where the BLS is
(02:23):
updating its own numbers, and then there's the annual division
where the actual pay rolls are reconciled with the monthly numbers.
And they took away nine hundred thousand jobs, and so
that's the the data. The numbers in terms of the
I think what you were referring to is the expectations,
(02:44):
and then they end up being higher or lower than
was expected those expections. Those expectations aren't governmental expectations, their
various market forecasters and econonomists and pundits, and then everybody's
number is blended together and say, okay, well one guy
expected one hundred and one guy expected eighty, so we're
calling it.
Speaker 3 (03:03):
An average of ninety.
Speaker 4 (03:05):
So you know, those numbers are based on various forms
of respective vapors. And look, the numbers right now are
really really interesting because the weekly initial job was claims,
which we're going to get this week's in about twenty minutes.
They've been very positive to be less numbers and continue
(03:27):
to be a mixed bad.
Speaker 3 (03:29):
Yeah.
Speaker 1 (03:30):
So reading into this, I know there was all the
fear of AI costing jobs and so on. Are we
seeing any signs of that or what do I guess
your take on all of these numbers and what they
say about the current state of the economy.
Speaker 5 (03:45):
Well, I believe that they have.
Speaker 4 (03:48):
The thing I was most encouraged by with last week's
number for the month of April is that the downward
revisions for the past two months were only sixteen thousand,
and I was worried they were going to be a
lot worse. And so that's a good thing that the
downward revisions have started to get a little bit better.
They're still downward, but they haven't been by as much.
(04:10):
Here's the good news is that nothing and I mean
nothing is indicating the recession coming. That there is still
positive job growth, and there is obviously not a big
picked up at this time in firings. The bad news
is that the pickup of hirings is really really low.
I mean, there's a lot less jobs being created now
(04:32):
than that had been in twenty twenty three and twenty four.
The other news is important to me, and the weeds
of it all because I have taken such a strong
position against the tariffs, is that the manufacturing jobs that
we were told were going to come because the tariffs
are woefully negative, like we are just destroying manufacturing jobs,
(04:55):
and that is the exact opposite of what we were
told was going to happen. So there's mixed news in there.
As you know, Michael, I don't happen to believe the
primary factor in job creation is political. I think there's
just other elements in the economy. You mentioned AI, but no,
we're not seeing a ton of job deterioration from AI
et I thought it was interesting that Cisco, which is
(05:17):
one of the companies in our Giving Growth portfolio, announced
yesterday had a huge quorder. The stock is up fifteen
percent this morning. So they're announcing all these good things
and that a lot of it is because Cisco is
so needed for the networking and security of AI and
AI investment other companies are making. And then they announced,
(05:38):
oh yeah, and also we're firing four thousand people, so.
Speaker 3 (05:43):
You'll have just a complete good news.
Speaker 4 (05:45):
Yeah yeah, But I suspect that could be a thing
you start to see of companies announcing good results and
yet less jobs, and that might start to get reflected
in the data.
Speaker 1 (05:56):
Economist David Bonds and joining us in the Bonds and
Financial Group. You know, we're seeing the narrative build and
I noticed three or four television stories on it. In
this notion that for the next generation, the job market
is terrible. If you're in your forties and fifties, hanging
(06:17):
on to your job is great, but finding a job
right out of college is a real problem in this economy.
Are we seeing any signs of that beyond narrative being true?
Speaker 4 (06:27):
Yeah, I guess. I guess it's true relative to the
type of job that people expected. I don't think it's
true that an industrious, resilient, you know, determined person wouldn't
be able to get a job. But I think that
there's some job disappointment right now for the younger sharation.
But what's interesting in that narrative, which is not totally
(06:47):
true but like not you know, completely dismissable either, what's
interesting is no one throws out there the possibility that
some of the reasons that twenty three year old twenty
four year olds are having a hard time getting that
first job is because they're the first generation in the
last fifty years that didn't work a job when they
were eighteen or seventeen. And I would like to see
(07:10):
someone connect the dots that are war on teenage part
time employment is burning our employment for full time people
in their early twenties.
Speaker 1 (07:21):
Yeah, and you know, obviously I've got one. I've got
two daughters that are going to be entering the healthcare field.
There's certain sectors that are stronger than others, but that
needs to be part of your decision making and where
you go to college, what you choose to major in,
and how much you want to rack up in debt
to get there, only to have a starting level job
(07:42):
that doesn't meet expectation. One of the things about the
President brilliant on this trip to China was who we
brought with him. You've got the Apple CEO, SpaceX, Tesla City, Boeing, Goldman, Sachs.
It definitely was arriving with carrot and stick. Why is
it so important for the President to bring all of
(08:03):
these CEOs with him in this conversation with China concerning
tech and business and what we can do together.
Speaker 4 (08:12):
Well, I guess before I answered, maybe you tell me
what why you think it's brilliant because I may be
missing something.
Speaker 1 (08:18):
Well, it could be brilliant just in terms of sending
the visual signal. It could be brilliant in terms of
they're there to advise him and help him in the
ongoing negotiations. They all get sat in different places, so
they're interacting with other Chinese officials, with the exception to
the one that got Steven Miller. That's an unfortunate sitting arrangement.
(08:41):
So I don't know, I don't know what it could.
It could be brilliant, couldn't be brilliant, but it certainly
sends a message. I mean, I think the president's coming
for more than just help with the strait of hormones.
Speaker 4 (08:51):
Yes, I agree, and so to an extent that there
is some negotiating posture or or something more than just
cosmetics and so forth around it. I would love that
to be the case, that there's something that will be beneficial.
My concern, Michael, and I'm not trying to be negative,
but I guess you could just look at it. At
least Devil's advocates is that it's going to reflect exactly
(09:14):
what policy has been over the last year, which is
we're trying to do more business between Nvidia and China
while American small businesses are getting killed by teriffs, right,
because that's really the message we were told is that
China is kicking our butts and we need to stop
selling them so many things and stop being so reliant
(09:36):
on them for rare earth minerals. And all we've done
is buy more rare earth minerals and sell them more semiconductors.
And now by bringing our major players, not our small businesses,
but the CEOs of the largest trillion dollar companies on Earth,
I'm worried that it reflects kind of administration's policy at
(09:58):
this point, which is, hey, China, we're here to do
a deal with you. Here's in Nvidia and here's Apple.
They're going to be doing more, but in the meantime,
we're keeping tarisan that are a hurting the American importer
or manufacturer with two hundred employees. So I may be
overthinking it, but that's my concern and I do not
(10:20):
go in rooting for this to go poorly. And I do,
by the way, very much hope and believe that there
is a geopolitical element in the toxic g around our
Iran situation where China can become an ally and helping
bring that to an end. So we'll see holf of
those and.
Speaker 1 (10:39):
That also, but that also presumes that that Iran is
the same kind of proxy that North Korea is and
they're not. They don't put regime preservation above ultimate mission.
I mean, Iran is is theocratically and chronically driven, so
they're never going to give up their ambition to destroy Israel.
In America, They're never going to give up their ambition
(11:02):
to conquer the world or die trying. So I don't
know how much China can be an influence other than
help with being an enforcer maybe, But I think it's
fascinating that we talk about carrot and stick. Perhaps the
real stick is to the small business owners here in America's.
Speaker 4 (11:22):
That's right, That's very true that on that domestic economic side,
I definitely agree. What I say on the Iran part
is that you know, I'm one hundred percent agreement with you.
Treating a theocratic hoodists enemy as if they value self
preservation is mistaken. What I think some in the administration believe, though,
is not that the current regime is susceptible to logic
(11:46):
and normal incentives, but that the Iranian people are, and
that there's enough in the masses of Iran that if
they can use this carrot and stick wisely enough that
they can actually provoke the Iranian people to push for
a regime change internally so far that's been hard to
come by.
Speaker 3 (12:07):
It seems like.
Speaker 1 (12:07):
The president, closing moments with David Bohnson is fixated on
having deals. In terms of IRN. I don't think you
need a deal. You're never going to get a piece deal.
You bombed. I mean, at best, it would take him
a decade to be a nuclear thread again, and you
could maintenance bomb every time they make a move on Richmond.
You've killed all their scientists, all their intelligence apparatus, You've
(12:30):
destroyed their navy. The Revolutionary Guard still needs a pounding,
and I think it's coming, and the strait of horn
Moves needs to be secured, and it's not that may
take more military presence, including some boots on an island
with special ops, but short of that, you just move on.
The end of story. But he's always wanted to hang
out and get a deal to wrap it up. Is
(12:51):
that what makes you most concerned that he's there with
all these CEOs and he's not leaving without a deal.
Speaker 4 (13:00):
I think the way i'd word it's a little different,
And I'm sorry I mean so negative of the President today,
but I don't think I'm being dishonest. I think it's
that what he likes the most is the appearance of
the deal, the announcement of a deal, and I think
he cares very little for how true and substantive and
real the deal is. I would rather get a deal
and have it stick, have it be substantive, have it
(13:21):
be beneficial. And I think that just being able to
announce we got a deal, it's sort of in his psyche.
He's a pr guy, a sales guy, all that stuff.
That is what it is. But I think when it
comes to being president, you know, we need a little
bit more shall we say, steak and a little less sizzle.
Speaker 1 (13:38):
Yeah, because I've always said, you know, if Iron had
cave and just signed a deal, would anybody have believed it?
Do you think they would have not pursued nuclear materials
any more than they would and don't.
Speaker 4 (13:49):
I don't think that that's any different now either. And
I think that I think that if we were to
leave and just say every time they move, we'll have
to go do more bombing.
Speaker 3 (13:58):
At the end of the day.
Speaker 4 (13:59):
The issue, there's nobody who wants that more than Iran,
as long as they still have the one thing they
care about, which is the threat of shutting down the
straight of poor mows. And it's a fascinating thing where
the worst thing that could happen for Iran is to
shut down the straight up poor mows because the only
thing that benefits them is the threat of doing it.
(14:21):
So if we leave this in a position where they
still have the ongoing leverage that all they have to
do is threaten to shut down straight bour mouse, they
still become the operative player. And that's the hardest part
to get out of this.
Speaker 2 (14:34):
Right now, this is your Morning Show with Michael del Chuno.
Speaker 1 (14:40):
President met with the Chinese leader Shijing Ping at the
Beijing Great Hall of the People last night. Speaking before
the meeting, President praised the Chinese president.
Speaker 4 (14:50):
It's an honor to be with you.
Speaker 3 (14:51):
It's an honor to be your friend.
Speaker 4 (14:53):
And the relationship between China and the USA is going
to be better than ever before.
Speaker 1 (14:58):
President Trump spoke directly to the Chinese president, You're a
great leader.
Speaker 4 (15:02):
I say it to everybody, You're a great leader. Sometimes
people don't like me saying it, but I say it
anyway because it's true.
Speaker 3 (15:08):
I already say the truth.
Speaker 1 (15:10):
President also touted the importance of this meeting, so.
Speaker 3 (15:12):
I really looked very much forward to our discussion. There's
a big discussion.
Speaker 4 (15:16):
There were those who say this is maybe the biggest
summit ever, they can never remember.
Speaker 3 (15:20):
Anything like it.
Speaker 1 (15:21):
Chinese President she gave opening remarks through a translator, calling
for cooperation. Should be partners, not rivals, so should help
each other succeed and prosper together and find the right
way for major countries to get along well with each
other in the new era.
Speaker 3 (15:36):
It's sure good.
Speaker 1 (15:38):
Tiger's lost three two to the Mets, Cards loss to
the A's six to two. Guardians one four two over
the Angels, Rais lost five three to the Jay's. Dbacks
loss to the Rangers, Dodgers shut out the Giants, Pirates
lost ten four to the Rockies, Padrey's three to one
over the Brewers. In NHL Playoffs, they were down three
to nothing but came back to tie it and win
it in overtime. Avs have eliminated the wild They advanced
to the Western Conference Final they'll take on the night.
(16:00):
So the Ducks and the Cavs beat the Pistons last night.
They're headed home with a chance to close out the
Eastern Conference or get to the Eastern Conference finals for
the first time since twenty eighteen.
Speaker 3 (16:12):
Hi there, I'm Kinny Stevens and my morning show is
your Morning Show with Michael belgorn Up.
Speaker 1 (16:22):
Hi, it's Michael. Your Morning show can be heard weekday
mornings in great cities like Tulsa, in Oklahoma City, Oklahoma, Memphis,
in Nashville, Tennessee. And we got you covered in California,
San Diego, Los Angeles, San Francisco, Sacramento. We'd love to
be a part of your morning routine. We're thrilled you here.
Now enjoy the podcast. I just got this from John.
(16:42):
There's a story floating around about the two presidents Trump
and She arguing about the history of our two countries.
They couldn't come to a common understanding or an agreement.
I guess you would call that, he said. She said,
oh serious, you can.
Speaker 3 (17:00):
Let me know.
Speaker 1 (17:03):
Yeah, and I Norman Fell laughed at that.
Speaker 3 (17:06):
It's pretty funny, very nicely done.
Speaker 1 (17:09):
Brett Bear getting as close to China as he can
thanks to a Fox mix up. So he is broadcasting
from Taiwan this morning. He'll be with us next week.
He's out with a new book that The last time
we visited with him, he talked about working on this
book and it coming out, so we had to catch
back up with him. It's called The Case for America
by Brett bar Brett will be with us next week.
John Ford Coley will join us tomorrow from England. Dan
(17:32):
and john Ford Coley and I gave it some more thought.
I'd really love to see you tonight. Fiftieth anniversary I
believe was eighth grade and I believe it was Camp
Hastings Homes Junior High Dance.
Speaker 3 (17:52):
That's how fast fifty years went by.
Speaker 1 (17:53):
Now tomorrow I will do this interview straight and pretend
that John and I are not very close friends, that
he's not actually bet at my house for Thanksgiving close friends.
What I want to do this interview straight, very professional.
Speaker 3 (18:09):
You and john Ford Connley are good friends. His name
is john Ford Colley. Holy. Sorry, yeah, well it happened.
You know, two very close friends. I have.
Speaker 1 (18:19):
One is Chess corsign I was basically telling an Amy
Grant story and forgetting that I now live in Nashville,
and all of a sudden the phone rings and it's
our manager, Chess Corzigin. And then Chas and I went
on to be good friends. I had been on the
air about a I don't know four or five months.
This is like almost twenty years ago. And I posted
something on Facebook and I noticed the comment. There was
(18:42):
a comment by john Ford Coley, and of course my
response to his comment was, You're not the same john
Ford Coley, because I mean I used to sit that
would be a power rotation artist for me. I mean,
I would listen to love is the answer. I really
love to see it. And I Knights of Forever one
of my face favorites. Was it sad to belong to
someone else when the right one comes along. I mean,
(19:03):
what a tragic reality. Oh, I thought she was right
and that I met you, dit me? What are you
talking about? I just I mean I knew you didn't
know that we were friends.
Speaker 3 (19:14):
I knew we had the people liner and you were acquaintances.
Speaker 1 (19:17):
I didn't know you were this well, yeah, because when
we first started, you know, all I have were my friends,
Scott Hamilton him right that we've since interviewed all these
stars and there's like I never hear Roseanne anymore? Why
from tote no Roseanne barb oh her liner? I never
hear that liner is like fourteen seconds and I have
to I have to call an audible. That was a
(19:39):
great interview, though I remember, oh my god, it was
nothing like we expect it was.
Speaker 3 (19:42):
It was phenomenal. That's right up there. My favorite I
was I told you this story.
Speaker 1 (19:47):
We were at the premiere gala down in Palm Beach
and one of the high as you can go up
people in all of iHeart was golfing with us and
he's making small talk with me. He goes, so, which
was the greatest interview ever? You know, kind of like
probably something he asks all his hosts. Sure, And of
course the honest answer was, and it probably sounded so lame,
(20:07):
was Jerry Springer.
Speaker 3 (20:08):
Jerry Springer is the most fascinating person I ever interviewed.
I've often heard that the character you see on TV
and the person you talk to off camera, Oh there
are two different, two different things. Yeah.
Speaker 1 (20:19):
He hung out with the RFK Robert F. Kennedy, worked
on his campaign for president, was a mayor of Cincinnati.
I mean, there's a lot to Jerry Springer. And you know,
I was did this twenty five thirty minute interview with him,
and he goes, you.
Speaker 3 (20:34):
Know, this one's so great. I want you to I
think I want you to speak at my funeral, and
then he did. He died a couple months later. Oh yeah,
just tragic, and nobody invited me to speak at his funeral.
Speaker 1 (20:43):
Anyway, I digress John Fortcoley tomorrow, Brettbaar next week.
Speaker 3 (20:48):
And now I want to have a little one on
one time with you.
Speaker 1 (20:50):
Obviously, you know we had a long conversation in our
first hour about urgent versus important, Just a little lesson
in life. If you don't plan your life and know
the difference between urgent and important, urgent will always keep
you from doing what's important. There's five million reasons today
why you won't spend quality time with your kids.
Speaker 3 (21:10):
Don't let it happen.
Speaker 1 (21:13):
There'll be five million reasons why you can worry about finances.
Don't let it happen. Spend some time doing something or
planning something important that will change those finances. Oh, the
difference between urgent and important is an important thing to
master early in life. And when we get into this conversation,
we're like, you know, everybody's viewing what's happening in China
(21:34):
as the most important thing, and I would say, no,
this testimony on COVID was the most important thing yesterday,
the most important thing that happened yesterday was in America,
not China. Quite frankly, for the future of the Republican
Party as well as our country, or the future of
both parties, because I think they're both dying.
Speaker 3 (21:55):
The conversation with JD.
Speaker 1 (21:56):
Van's not just on the fraud that's been discovered, but
the quote unquote game of apprentice that's being played with
the president and or dream ticket for its future could
potentially be more important.
Speaker 3 (22:11):
In fact, you could really boil down. The only thing.
Speaker 1 (22:14):
That's important happening in China is something urgent help with
the strait of Hormuz. No, make no mistake about it.
The most important thing happened in America. You had a whistleblower,
a CIA employee, James Erdman, the IID, testifying before a
Senate committee on Homeland Security, and not a single Democrat
(22:42):
showed up for it. One million Americans quote unquote supposedly
died due to COVID, and I think many many of
them are overcounted. They died of the COPD or emphysema
or heart disease or whatever their life had caused, but
(23:03):
because they had COVID at the time of their death,
they were counted as a COVID death. A lot of
that was done for reimbursement, So we don't know how
many people actually died of just COVID, just like no
one will ever tell you how many died of the
mRNA technology, but they did. But if a million did
die of COVID, how insensitive. Not a single Democrat is
(23:24):
interested in understanding this. No Democrats attended the committee hearing
the whistleblower who accused former director of National Institute of
Allergen and Infectious Diseases, Anthony Foucher. You remember he was
one that was crowned infallible. He was the face of
medical authority, and it is so obvious he covered up
(23:46):
details about the origins of COVID and that he actually
played a role in them. And then I brought up
the Milkin Institute video that I played often for my
Nashville audience. I don't think we've played it yet on
this national show. But this is all the scientists prior
to COVID. It's sitting around going, you know, this MRNI technology,
that's the future. But you know, we got a decade
of pesty trials to go through.
Speaker 3 (24:06):
It's going to be millions if not billions of dollars.
Speaker 1 (24:08):
And then one of the scientists goes, yeah, but wait,
what if one of these viruses we have leaked from
a lab and we had a worldwide crisis, then we
could rush it and then two months later it happened.
Or how about even jd Vance that we talk about, Well,
what he was doing, what he's doing.
Speaker 3 (24:27):
With fraud is very important.
Speaker 1 (24:29):
And now enter Ohio and we said, that's interesting this
week because will you be as interested in fraud and
red states as you are in blue states or are
we making this a partisan political weapon? Because fraud is fraud,
and if you're serious about it, well, let me just interject.
If you're serious about it, wouldn't you be serious about
the most ultimate fraud ever perpetrated by a country on
(24:51):
its people, like COVID that closed down every business in
the economy like a light switch, locked the healthy up.
Since when do you quarantine the healthy? And why is
it important? Because if you don't figure out what they
did to you the first time, they could do it
to you again with the hint of virus. I'm watching
(25:12):
the media and the Democrats trying to create that same
thing again. Well, it destroyed the first term of the president.
Maybe it can destroy the second And what difference does
it make if you understand the virus itself and how
it works, which is why it's so containable if you
(25:33):
don't understand the first one they lie to you about
that they helped create and not a single Democrat shows
up for the hearings. The widespread pattern of obstruction that
promoted the conclusions of a tight knit group of virologists
close to Anthony Faucci, while downplaying the conclusions of the
(25:56):
intelligence communities own biological experts. Then the lying under oath,
and ultimately the lives had cost and a technology that's
still being used. Oh, it's important to understand. Urgent and important.
And how about Axios. I got to give them credit.
(26:19):
The two best stories of the week both came from Axios.
We featured one yesterday Today's nobody's socializing with their neighbors anymore. Now.
The first thing you always do with these kinds of
stories is look into the mirror. I do talk with
somebody six houses down frequently. I never talked to my
neighbor on either side of me. Andrew and I love
(26:40):
our neighbor across the street, though we very rarely ever visit. Okay,
maybe I should read on. I might be guilty. Remember
when you always knew? It's funny. My brother was just
here and we were talking about our old neighborhood and
we were going buy house. Oh the ludofs right now,
start the ludos with the Kozaks and right next door
(27:02):
with the Litols.
Speaker 3 (27:02):
I mean we knew everybody. I couldn't do that for
you right now.
Speaker 1 (27:05):
I cannot tell you the last name of any of
my neighbors, including the one that I talked to. So
the story goes. Remember when you always knew and talk
to your neighbors?
Speaker 3 (27:17):
Not anymore.
Speaker 1 (27:19):
Share of Americans who say they speak with their neighbors
at least a few times a week. Americans are spending
more time at home, yet many have become strangers to
their neighbors, especially young Americans who are increasingly unlikely to
socialize with those living feet away but talk to thousands
(27:41):
of strangers online. Without casual conversations with neighbors who are
often from other races or have different religions or political ideologies,
people risk becoming more isolated, more dependent on superficial, algorithm
driven digital communities. I don't agree with that angle from
the axios, but they're ultimately describing the matrix, and that Israel.
(28:04):
And by the numbers, in twenty twelve, fifty one percent
of young Americans regularly engaged with their neighbors. Those were
always who were my friends growing up. I didn't choose them.
They happened to live next door or across the street.
It determined my friendships. Where their parents chose to buy
a house and where my parents chose to buy a
(28:24):
house is how we ended up friends. By the numbers,
in twenty twelve, fifty one percent of young Americans regularly
engaged with neighbors. According to the report, today the number
is plummeted to twenty five percent. Think of what it
plummeted to. I mean, you get to two. I don't
know when all this on phone? Phone is much later
(28:47):
than even internet. Right, Internet was somewhere late nineties, early
two thousands. Smartphones were somewhere around two thousand and six, seven, eight,
somewhere in there maybe eight. And it went down to
fifty one percent by twenty twelve, And now it's down
to twenty five percent. Is they want to take a
guess what's gonna be by the end of this decade. Now,
(29:07):
even in twenty twelve, fifty six percent of seniors socialized
with neighbors, and that was a seven point drop were broadly,
fifty nine percent of Americans chatted with neighbors a few
times per week in twenty twelve. In twenty twenty five,
that was down to forty one percent. Conclusion, in previous generations,
if you sat around your apartment long enough, you started
(29:31):
to go stir crazy, and that would often compel people
to go out, and when they went out, they met
neighbors and they developed relationships. It's similar to the movie
we previewed this week from The Fairly Brothers. It's not
about it being one of their funny ones, because it's
not one of their funniest, but it's a profound editorial
(29:52):
on how phones have destroyed lives in every kit. And
by the way, we were talking to the director and
Jeffrey will say, I'm not being I don't think he
even realized what he did. He proved in a single movie,
lose your phone, you'll gain your life. Lose those fake
relationships on your phone that are really loneliness and isolation,
(30:14):
and you'll make real relationships, life changing relationships.
Speaker 3 (30:19):
And they could be right next door to you right now.
How many neighbors can you name two in a row
for axios this week?
Speaker 1 (30:29):
It's funny how every time I looked at today important
always came to those stories.
Speaker 3 (30:40):
Not to China.
Speaker 1 (30:42):
Here's something that you concern every American who believes in
due process. Federal agencies are supposed to get subpoenas to
access your personal information. Now that takes a judge, that
takes probable cause, that takes the constitutional protections.
Speaker 3 (31:00):
Being reached.
Speaker 1 (31:06):
Do you know what some agencies do instead? They just
buy them, and they buy them from data brokers. Your
home address, your daily routine, your family members' names, your finances,
all legally purchased, no warrant, no judge, no due process, They.
Speaker 3 (31:22):
Just buy it.
Speaker 1 (31:24):
It should outrage you, outrage you to the action of
stopping it. And you can within cognate I, NCOGNI and
cognisance legal removal requests to hundreds of these data broker
companies on your behalf, and they keep sending them because
they never stop trying to relist you. In my case,
they remove me from five hundred and thirty eight data
broker sites in the first forty eight hours This is
(31:45):
how I protect myself and my family. And you should
to go to incognitate dot com use the promo code, Michael.
It's already affordable, but you'll get sixty percent off just
for being a your morning show listener and Cogniti dot
com promo code. Michael, God gave you a family. It's
worth protecting, and in Cogney helps you protect it. Go
to incognate I ncgn I in Cogni dot com promo
(32:06):
code and Michael.
Speaker 2 (32:07):
It's your Morning show with Michael del Chorno.
Speaker 3 (32:11):
It's so true.
Speaker 4 (32:12):
I'm live in a neighborhood for over fifty years.
Speaker 1 (32:16):
I couldn't tell you anybody's name except one neighbor.
Speaker 3 (32:20):
It's sad, it's true.
Speaker 1 (32:23):
Maybe we all need to make some brownies today and
knock on the next door neighbors tour, thank you, that's
our neighbor.
Speaker 3 (32:28):
In Wilmington, Delaware.
Speaker 1 (32:29):
President Trump still in China, the Senate confirming Kevin worsh
as the next chair of the FED. Protests in Evana
are breaking out over Cuba running out of fuel, and
the Cleveland Cavaliers are headed home. They could with a
win tomorrow advance to the Eastern Conference Finals for the
first time since twenty eighteen. Go Cabs and the Abs
(32:51):
in overtime knock out the wild They are headed to
the Western Conference Finals in the NHL Stanley Cup Playoffs,
they'll take on the Knights or the Ducks. Well, President
Trump in Beijing for meetings for the Chinese counterpart, President Shei.
Our national correspondent Roory Neil is here with the very
latest on the summit, as well as the updates of
developments in Iran.
Speaker 3 (33:10):
Good morning, Rory, Yeah, Good morning Michael.
Speaker 5 (33:12):
The readout from the White House is that after a
two hour meeting, things were rather productive, with the US
and China agreeing that Iran cannot be allowed to have
a nuclear weapon and that Iran cannot be allowed to
control the Strait of Hormuz, also saying that the Chinese
government has agreed to work harder to stop the fentanyl
(33:33):
chemicals from getting to the US. Now the Beijing version
of that same meeting, but much more of an emphasis
on Taiwan, calling it the issue that could potentially disrupt
the friendly relationship.
Speaker 3 (33:45):
Between the US and China.
Speaker 1 (33:48):
It's clear that fentanyl is still a high priority for
the US. The Strait of Horror, Moose is a high
priority for the US. Not allowing them ultimately to have
any weapon of mass destruction is also maybe a shared
But Taiwan and fetanol, those seem to be the areas
of differences, and there's just not a lot of public
conversation from She or Trump on that.
Speaker 5 (34:10):
Right now, they've got another day of meetings ahead, and
we suspect that there will be some more arm twisting,
I think by President Trump trying to make the argument
that it is in China's interest to also reopen the strait.
The question is is China going to use this opportunity
to tell the US, hey, look, you have to change
(34:32):
your relationship with Taiwan if you want us to twist
the arms of the Iranians in order to reopen the
Straight and turn over their weapons and their uranium.
Speaker 3 (34:42):
Yeah, so you got the carrot and the stick. It
was interesting.
Speaker 1 (34:45):
We had our Economist and Money with David Bonsa and
he said that stick is mainly for small businesses in
America who have been greatly affected by tariffs, as he's
flaunting all of these major companies that are going to
cooperate with China. But the stick could also be about
the Strait of horror moves or Taiwan. Taiwan may be
the one area they're not going to be able to
find any common ground. But you can't say it wasn't
(35:06):
a warm reception. You can't say they haven't been treating
the president with respect and they're all finding the right tone.
Can they get to the right conclusions? Time will tell
what's ahead in the last fifteen seconds.
Speaker 5 (35:16):
Tomorrow is a shortally big meeting, right, yeah, tomorrow will
be a big meeting. But also President Trump announcing President
she will be back at the White House in September
of this year. So both that's pretty short notice. I mean,
that's a bit quick turn around. So we'll see if
maybe things can develop.
Speaker 3 (35:33):
Only one chance to live this day. It'll never happen again.
Speaker 1 (35:35):
Go make a difference in someone's life, meet a neighbor,
and cherish your life.
Speaker 3 (35:39):
We'll see in the morning.
Speaker 2 (35:40):
We're all in this together. This is your Morning Show
with Michael nheld Choo
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