October 31, 2024 • 31 mins
Does anyone believe price gouging and insulin prices is the serious solution to our very serious economic crisis?
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Speaker 1 (00:00):
Hi, It's Michael.
Speaker 2 (00:00):
Your morning show airs live five to eight am Central
six to nine Eastern in great cities like Memphis, Tennessee, Telsa, Oklahoma, Sacramento, California.
We'd love to be a part of your morning routine,
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Speaker 3 (00:14):
Three, starting your morning off right, A new way of talk,
a new way of understanding because we're in the studiold
this is your morning show with Michael o'deil Charny seven
minutes after the hour, Thanks for waking up with your
morning show.
Speaker 4 (00:32):
I'm Michael del Jornald Jeffrey Lyons has the controls, and
of course we can't have your morning show without your voice.
Speaker 1 (00:38):
We find Crystal in Nashville.
Speaker 3 (00:39):
I'm a middle age, middle class white woman, just voted
for Trump for.
Speaker 5 (00:45):
The third time.
Speaker 1 (00:46):
I believe Jesus Christ is our Lord and savior.
Speaker 6 (00:50):
One agree with you, Michael, and thank you President Biden
for finally doing something.
Speaker 1 (00:56):
For America before you leave office.
Speaker 7 (00:59):
Hepsy day.
Speaker 1 (01:00):
Thank you, Crystal, thanks for listening.
Speaker 4 (01:02):
So the entire Donald Trump rally in Wisconsin maybe his
best rally ever. I've never seen the man more relaxed,
more focused, more entertaining. This is not hyperbole when I
(01:23):
tell you maybe second only do Sebastian Maniscalco's first two
stand up specials, Dom Papa. That was stand up comedy
last night flawlessly delivered. But at one point when he
was doing all this funny, funny, funny stuff. And that's
after arriving in a garbage truck and explaining why he's
(01:44):
wearing a garbage vest instead of a suit. It's the
second time he's done this. When referencing Joe Biden, he said,
you know, I really think he wants me to win.
I'm in the debate and it wasn't a good performance
for Donald Trump. He turned to Kamala Harris at one
(02:04):
point and looked at it goues and by the way
he can't stand you, as if.
Speaker 1 (02:07):
They've had a conversation, and the.
Speaker 4 (02:10):
Way he dropped in the oh, by the way, uh,
I think he wants me to win. It's like he
knows something he's dying to say. It does seem like
Joe Biden is misspeaking at critical moments. And I'll give
you what you know. We talked to Roy O'Neil last
half hour. He doesn't seem to think this is gonna
have a big I actually think this this garbage truck
(02:32):
starting with McDonald's, then Madison Square Garden, the way they're
on top of early voting, mail in voting, watching the
mail fraud, getting the court decisions and shenanigans that they
are trying to play. The Republicans are two steps ahead
of them the entire way this time. And then the
McDonald's stunt followed by the garbage truck stunt could be
(02:53):
the final straw that breaks the camel's back. And you
know how I.
Speaker 1 (02:58):
Know that so.
Speaker 4 (03:00):
Because it feels odd to even address Kamala Harris's speech,
her big closing argument, and nobody's thinking about it or
talking about it. And if we were, because economy is
the top issue, we would have to take on this
very serious topic, a very serious look at COMMA offering
(03:24):
to crack down on price gouging and lowering insulin prices
as a solution for everything you're feeling from home to automobiles,
to groceries to gasoline. I would have to turn to
our economist and our money was David Bonson and insult
and waste his time and ask David first, good morning. Secondly,
(03:48):
do you really think the issues the American people are
facing would be solved by addressing price gouging and insulin
prices only.
Speaker 1 (03:58):
Well, first of all, Michael, good morning.
Speaker 8 (04:00):
Second of all, I'm glad I get to talk economics
with you instead of politics, because I don't think people
care about my political opinions this fine morning. And to
answer your question, I don't think it ever has to
do with American people having their problems solved.
Speaker 1 (04:18):
I think that political stump.
Speaker 8 (04:20):
Speeches are always symbolic, they are usually pandering, and I
just feel a need this morning to make very clear
that a wide portion of what President Trump has said
throughout this campaign has been rank pandering as well, offering
(04:40):
certain tax cuts only to certain people depending on the
audience he's talking to.
Speaker 1 (04:45):
And I also say it.
Speaker 8 (04:46):
Is in a very non judgmental way, that's just what
these politicians do. So Kamala's focus groups and strategists and
consultants telling her to focus on insulin and price gouging
is not economic policy. It's not substantive, it's not kojunk,
but you know it isn't meant to be. It's just
(05:07):
rank political. The people wanted a king kind of stuff.
Tell them, you're going to do this, do that, everybody
gets a car, throw KNDy out. It's Oprah win free politics,
and it's pretty bipartisan.
Speaker 1 (05:20):
So I'm going to get back to that. But let
me ask you this. John F.
Speaker 4 (05:25):
Kennedy in nineteen sixty two, fearing a recession, heading into
a recession and everybody fearing how we're going to fund government,
says this is the time not to raise taxes. In
other words, get you know, focused on more revenue for government. Actually,
just the opposite. It's a paradoxical truth.
Speaker 1 (05:42):
Number one.
Speaker 4 (05:43):
Morally, when you go to work, it's your money, not
the governments, and the government tells you how much you
can keep. Secondly, we trust you to spend your money rightly.
We don't spend it for you. And we believe you'll
pay yourself out of debt. And we believe you'll start
spending money. And as you spend money, businesses grow. As
they grow, they hire more more payers burdened less is
how you fund government. Now, he didn't live to see it,
(06:03):
but it worked then. It worked for Reagan, it worked
again for Bush, though he kind of outspent a lot
of those gains, saying could be said for Trump, that
kind of an explanation in terms of what is the
size and role of the government, and what is the
role in the responsibility of individuals who the money really
belongs to, and how tax cuts actually grow economy and
(06:24):
fund the government.
Speaker 1 (06:24):
Best That isn't political speech, is it?
Speaker 7 (06:29):
Well?
Speaker 9 (06:29):
No, And as a matter of fact, we didn't start
with John Kennedy. It didn't even start with Law Reagan.
It started in the garden of Eden. And the fact
that these things reflect the.
Speaker 1 (06:40):
Way in which God made me mankind.
Speaker 8 (06:42):
What you're speaking to is the logic of incentives that
when you tax more.
Speaker 1 (06:47):
Of something, you get less of it.
Speaker 8 (06:49):
That's the credo of supply side thinking applied to policy.
Speaker 1 (06:54):
And so because I think there's very little government can do.
Speaker 10 (06:56):
To promote productive activity, we focus on the things they
can do to remove impediments from productive activity, which means
lower marginal tax rates and deregulation.
Speaker 5 (07:09):
Kennedy got it, Bacon got it.
Speaker 11 (07:12):
By the way, Bill Clinton on a margin lowered apple
gains on things and got more investment activity and certainly
more revenue. Bush Junior about it, and Donald Trump with
the corporate income productor wherever.
Speaker 4 (07:24):
You are right now by the way wherever you are
right now, stop and only talk where you're standing because
everything else was garbled.
Speaker 1 (07:31):
But now I can hear you really good. Okay, I'm
sorry about the signal. Is it okay? Right here? Yeah?
Don't move, don't even blink, just keep tying.
Speaker 8 (07:40):
You know, we are collecting hundreds of billions of dollars
more incorporate income tax right now than we were when
our tax rate was thirty five percent, and it's now
twenty one percent.
Speaker 5 (07:51):
Trump slashed the business tax rate and we're collecting way
more taxes. That's the point you're making. That's the point
I'm making. Is it speaks to incentive, right. So bottom
line is in John F. Kennedy did this in nineteen
sixty two.
Speaker 4 (08:04):
He was just a better communicator, so was Ronald Reagan
than Donald Trump. But what he was expressing was any
money that's tax is money out of the economy, all right,
so it just disappears. So you tax companies, that's money
out of the company. What would they do if they
were allowed to keep that money? Is it morally theirs?
Would you trust them with it? Would they hire more
with it? Well, now we make demons. First of all,
(08:27):
small business Oh, you're little angels with wings and halos.
But be successful, Well then we're going to demonize you.
You are the bad guy, and we need to take
from you and give to others.
Speaker 1 (08:40):
And in the end, it never gets to the others,
does it.
Speaker 4 (08:43):
So maybe it's just a matter of you know, I
think Donald Trump would like to talk about a fair
tax or a flat tax, but instead, in this climate
and social media and cable television, you know, maybe no
tax for tips actually registers more. But it's not it's
not real economic talk. It's really more political pandering.
Speaker 5 (09:05):
Yeah, and you don't get the incentives that you and
I are talking about. What Kennedy did was broad based.
What Reagan did was broad based. If you just target
certain industries, certain professions, certain people, then you promote cheating,
you promote altered activity.
Speaker 1 (09:19):
You distort.
Speaker 5 (09:21):
What you want is just broad based reduction of taxes
that everyone benefits from. That creates the incentives, that creates
a higher tax base, that creates more productive incentive.
Speaker 1 (09:32):
You know, some people could hear what you said.
Speaker 5 (09:34):
And say, well, the money doesn't get extinguished, It doesn't
get good on fire when the government taxes it. It
just moves from one part of the economy to the next.
And I think that's fair enough. But let's just evaluate
what that is. It moves from the private sector to
the public sector. So the question is what's productive? Is
there more productive with a profit motive? Is there more
productivity with you know, scientists and entrepreneurs and risk takers
(09:59):
and builder than bureaucrats and people with no skin in
the game. And so I think you're exactly right. At
the base of the argument is where do you want
resources advocated? Where do we want capital in our society?
We want capital with people that build with it, produce
with it, grow. And this is the basic economic concept
(10:19):
that politicians don't care to understand, but too often the
people don't care to understand economists money.
Speaker 4 (10:25):
Would you see them on Fox Business all the time?
He's here weekly David bonson joining us. So, David, bottom
line is a lot of economic talk from the candidates.
What's really killing people? And that's the other thing we
don't ever get to the heart of it. It's really
food that isn't matching up with wages. It's automobiles and
(10:47):
homes that aren't matching up with wages. We have a
serious economic issue. And if I were to tell you,
it's twenty twenty four and you have more tax receivers
than tax payers, and most of those that are running
for office are growing government, not the economy. Well in,
(11:07):
the best and highest paying jobs and most secure jobs
are now government jobs.
Speaker 1 (11:12):
What's that a recipe for economically.
Speaker 5 (11:15):
Well, it's a recipe for what we've been getting, which
is the lower stagnated economic growth. It doesn't mean we're
in recession. It doesn't mean the economy's shrinking. It means
it's not growing at the level it could be and
should be and would be growing. And so that's the
whole issue that I do not think enough people understand.
You want three percent four percent economic growth after inflation
(11:40):
to create the jobs, wages, and prosperity that most of
us have grown up with. The baby boomers and Gen
X have mostly lived in a world that was growing
at over three percent. And if you leave our gen
Y and Gen Z and the generation below them, our
kids and grandkids economy growing at one percent one and
a half percent, then if less wages, less jobs, less activity,
(12:03):
which creates more social angst, more resentment, more alienation, etc.
This is not that hard to understand, but that's what
we're dealing with. And so you go, okay, well wait
a second, that's nice. How do you get that economic growth?
And some will say you get it by government getting
involved in trying to hand out money to corporations to
(12:24):
move their chips plants into America, And others say you
get it by deregulation, tax cuts, government getting out of
the way, more state and local control, less federal control,
more school choice, more energy independence, et cetera, et cetera.
So it's a battle of ideas, it's a battle of philosophy.
Speaker 4 (12:42):
It's a very serious subject, but not very well understood
by the electorate and taken advantage of and pandered to
by the politicians. But at some point, to education self
or common we better get to educating people on what
the economy really is if they're ever going to know.
Speaker 5 (13:02):
I would suggest that I would suggest it's funny you
start off talking about the election and and the and
where we stand on the politics, and I agree with
you one hundred percent about how serious it is. I
guess I would ask listeners, does anybody get the impression
that the media thinks these things are serious? They're focusing
on a joke made in Madison Square Garden. Does anyone
get the impression of the candidates think this stuff is serious?
(13:25):
You get into all of the different you know, side
shows and stunts and gamesmen. Look, I think you're right
that we're dealing with serious issues. But where are the
serious people addressing the serious issues. They're not at CNN,
they're not an MSNBC.
Speaker 1 (13:39):
No.
Speaker 4 (13:39):
But in their defense and their and their defense, I
would have to say, David, you could.
Speaker 1 (13:44):
You got a better chance to get elected.
Speaker 4 (13:46):
Doing a McDonald's stunt and and a garbage truck than
you do having a John F. Kennedy or Michael del
Journer or David Bonson style real conversation about the economy. Now,
the question is what you agree and once you're governing,
what you do. And I think Donald I think Donald
Trump has addressed better than her. I will give him that.
Speaker 1 (14:03):
Oh yeah, I agree with that entirely.
Speaker 5 (14:05):
And Trump also has another benefit in this campaign is
he had four years as president where he showed what
his economic policies were, and therefore the burden of proof
is more on her. And she has never said a
darn word about what she really believes on economic growth.
I've never seen a campaign try to get away with
a more audacious four corners offense for months and months,
(14:29):
or refusing to talk to anything substantably. It's insulting the
American people.
Speaker 12 (14:33):
Especially the closing argument, This is your Morning Show with
Michael Del Chrono, Hi.
Speaker 1 (14:50):
It's Michael.
Speaker 2 (14:50):
Your Morning Show airs live five to eight am Central,
six to nine Eastern in great cities like Memphis, Tennessee, Telsa, Oklahoma, Sacramento, California.
We'd love to be a part of your morning routine.
But we're happy you're here now. Enjoy the podcast.
Speaker 6 (15:04):
Their long term investment vehicle. It had already priced in
the fact that the bed was probably going to lower rates,
so when they did it was just temporary. What that
has done is it's led mortgage rates to resume their
seven percent spot. That' says of October twenty eighth, it's
the highest level since the start of the summer. And
what it means is that if you have three thousand
bucks as a home buyer on in your monthly budget,
(15:26):
you can afford a four hundred and forty two thousand
dollars home with a seven percent mortgage.
Speaker 1 (15:31):
That's great. Now, can you help me find.
Speaker 6 (15:33):
One yes exactly, And they say that's the average in
the US. I'm like, is it okay?
Speaker 1 (15:38):
Sure? Whatever, Well, not where you live.
Speaker 4 (15:41):
But that handsome, successful husband of yours.
Speaker 1 (15:44):
Let's take a moment and thank God for him one
more time, shall we? Okay, Claire.
Speaker 6 (15:49):
It's also the idea that like buyers actually lost thirty
three thousand dollars in purchasing power over the last six weeks.
That's that's a lot in just six weeks time.
Speaker 1 (16:00):
So you could have.
Speaker 6 (16:01):
Had thirty three thousand dollars more house. But the four
hundred thousand dollars, which is the average, it's above that.
Actually it's like four hundred, around four hundred and fifty.
That is a big number that most three thousand dollars
monthly budgets cannot sustain. And if you take this out
to election, which is happening last than a week from now,
it really has a profound effect in swing states. And
if you look at like the less expensive median home
(16:23):
prices in swing states like Michigan and Pennsylvania, Wisconsin, they
float around three hundred thousand as opposed to that four
hundred and fifty, you get paid less, though you know.
Speaker 4 (16:32):
It's all this kind of falls out what was happening
behind your back when you had a long conversation about
the economy is very serious business, but we don't understand
it very seriously, and we don't have politicians who talk
about it very seriously, unless, of course, you think this
mortgage rate has something to do with price gouging and
insulin prices as well. Stuart Varney was on Fox yesterday
and he's so brilliant, brilliantly broke it down. You know,
(16:54):
you can talk about wages and not keeping up with
cost of living, but it's pecific items. You know, things
like housing where it's seventy percent up, or groceries or
you know, the buying cars was over seventy percent as well.
You know, just our transportation and housing. That's the part.
(17:15):
And so all these discussions about you know, inflation rates,
it's it's a dodgeball game.
Speaker 1 (17:22):
We all know what's going on.
Speaker 4 (17:23):
We have a housing crisis, like we have a border crisis,
like we have across a living crisis, and nobody's really
seriously talking about it. And that's why we're not getting
any really serious momentum.
Speaker 1 (17:32):
In the right direction.
Speaker 6 (17:33):
I agree with you, and you bring up such a
good point. You're like, the politicians don't talk about it.
I am of the opinion that politicians don't talk about
macroeconomics because they don't understand it, and that I'm not
mad at them.
Speaker 1 (17:43):
I don't think that's the case with Donald Trump.
Speaker 4 (17:45):
I think Donald the marketer, Donald Trump knows that you
can't have a sixty minute discussion, you know, not substantively
about this. The American people's have you seen TikTok lately?
Speaker 1 (17:56):
Or reels?
Speaker 4 (17:56):
The attention spans about twenty seconds, believe it or not.
A garbage truckle get the White House. But once you
get to the White House, then like John F. Kennedy,
then like Ronald Reagan, you can govern in a way
that educates. I think Donald Trump does get it. I
don't think he thinks it's a message that can win.
But once he's in office, he should go beyond picking
winners and losers like tips and overtime, and really start
(18:19):
discussing fair tax.
Speaker 1 (18:20):
Flat tax. Money out of the economy.
Speaker 4 (18:22):
For taxation is money out of the economy who it
morally belongs to, and as they spend it, and as
companies are allowed to keep it, they create jobs more
taxpayers is the proper way to fund government. I'm going
to get into all that, but I think it has
to be done after the fact. If you tried to
have that kind of an economic, a serious economic discussion,
I don't think you're going to get anywhere with this
electric right now. Who doesn't probably frankly understand it better.
Speaker 6 (18:45):
I agree with you. But at the same time, the
fact that Trump is their dead set on tariffs at
the expensive income taxes is what every economists on either
side of the aisle, from think tanks that are far right,
have said, this doesn't work. It doesn't work like this,
which fundamentally makes me question the macroeconomic stent. He needs
a marketing genius, but he has gone bankrupt many times
(19:07):
and the fundamentals of macroeconomics. Yes, he has properties all
over the world, but he doesn't personally manage the books
of them. That the tariff thing is very concerning from
a macroeconomic and if you look at like the Goldman
Saxes of the world, the big institutions, they are concerned
about Trump's you know, coming into office from not only
a physical standpoint, but also a taxation standpoint, because if
(19:30):
you look at very various sectors like auto industry. This now,
is it just a bluster to make people do what
he wants? Potentially, But at the same time, the fact
that we spend a lot of time looking at a
cann't wondering if it's bluster or truth is also problematic
to some voters. Others love it. It's just where you
stand on the issue.
Speaker 4 (19:47):
I don't know that terrorists has turned into a political
weapon and narrative and talking point. Don't forget the name
of his book was The Great you know, the Great Negotiator,
The Art of the negot I think he's talking specifically
to China. China, of course, who has a big plan
of building automobiles just across our border in Mexico and
(20:09):
creating like twelve thousand dollars electric vehicles to flood the market.
I think he's addressing that. I think this is more
a negotiation rather than a foundation for his economic plan.
Otherwise it would have had that effect the first time around,
and it was certainly more negotiation the first time around.
Speaker 1 (20:28):
So but I don't know. Time will tell.
Speaker 4 (20:30):
The bottom line is I don't I think Trump gets
it more than her, that's for sure, But I don't
think any of them get them the way they need
to get it, and ultimately they get away with it
because the American people don't get it. So who do
we ultimately blame. It's like when you when you look
at Congress and go, what a bunch of numbskulls. Well
you're Lincoln, You're right, Yeah, you're getting exactly what you've sent.
(20:52):
So you know it's got to start saying.
Speaker 6 (20:53):
I couldn't agree with you more, and then beyond that,
I like this.
Speaker 1 (20:56):
We need this is a key piece of this.
Speaker 4 (20:58):
We need these mortgage rates to come down so boomers
will start letting go of their homes to create inventory
so that people can start refinancing and freeing up cash flow.
Speaker 6 (21:08):
This is not good, No, it's it's not good at all.
And but another thing, I think that this kind of
goes back to the more like thirty thousand foot perspective
that this is not impossible stuff to learn, Like there's
some like deep physics, which yet not everyone's going to
be able to wrap their head around. I think that
macroeconomics on some level is like easier than micro and
(21:31):
and if we just taught it in schooled properly, like
like these basic things like civics, like macroeconomics.
Speaker 1 (21:37):
So like these concepts, and.
Speaker 4 (21:38):
Why may they not Why do you think they don't
teach civics? Why do you think they've teached only teacher
VI's history kind of a socialization version of history. And
why don't they teach economics like this?
Speaker 1 (21:50):
Somebody?
Speaker 4 (21:51):
It would somebody does not want you prepared for because
they don't want you prepared for citizenship. They want you
prepared for control. But you're right, That's why I said
earlier beyond your back. This needs to be addressed at
the common education level, or the common sense level. But
I do think, believe it or not, a McDonald's drive
through in a garbage truck is probably your best way
to win a presidential election these days. But once you're
(22:12):
in office and governing, that may be a great opportunity
to educate the American people and do things beyond just
tips and overtime.
Speaker 6 (22:19):
I mean, listen, you're preacating the quality.
Speaker 1 (22:21):
I can't solve all the world problems, but education is power.
Speaker 6 (22:25):
We know that, and if we want to win, you
can't have a dummy population.
Speaker 1 (22:29):
You have to teach them the things. Now.
Speaker 6 (22:31):
I get that, like keeping a simple population is easier
to govern.
Speaker 1 (22:35):
You just say that the entire population is dumb and garbage.
Speaker 6 (22:39):
No I did not, I did not at all.
Speaker 5 (22:41):
No, no, no, no no.
Speaker 6 (22:43):
But the point being, like China teaches them, why don't
we teach our people the things, the real things, like
economics and like, you know, the the civics, the things
the matter geography even for you.
Speaker 12 (22:55):
Know, like that.
Speaker 4 (22:56):
Well, because it's and by the way, you're just touching it.
It's not one plus one plus one is three. I mean,
we have a failed education problem. It's not education, it's
in doctrination and social socialization. It's rewriting history, it's not
teaching civics. Then you have the mainstream media that is
a propaganda, so it's rewriting reality every day. I mean,
(23:18):
these are big problems. And what I always say is
our problems foundationally, societally and so on, are bigger than
the problems we're trying to solve, and they must be solved.
Speaker 1 (23:31):
First.
Speaker 4 (23:31):
You better pick a god, you better pick a form
of government. You better get down to reading, writing, arithmetic, history, civics,
and economics if you're gonna be prepared for whatever generation,
let alone the next. And we're just we're failing on
every side of that, and sometimes all the above is
really a powerful thing, all.
Speaker 6 (23:53):
Right, But still hopeful, Michael, Like, do you think like hopeful,
not just with the presidential election, but they get.
Speaker 4 (23:58):
I'm not hopeful in politicians. I'm not hopeful in politics.
I'm not hopeful in government. I'm hopeful in God eternally,
and that there's an opportunity every day to wake up,
confess and repent, and confess your sins, repent and pray
for your country. And I believe God can heal a land,
He can create a spiritual revival, a cultural awakening. You
(24:19):
and I see it in the gen Z. So there
are layers of hope, but I'm not looking for it
in any presidential candidate by any stretch. And nor do
I see things heading in the right direction anytime soon.
So it's going to take something pretty dramatic, and unfortunately
history teaches that sometimes it takes something really bad in
order to awaken us. Let's hope it doesn't.
Speaker 1 (24:40):
But that's so great. You come with bad news, then
you bring the whole show down erin.
Speaker 6 (24:44):
I'm sorry, let's bring it back up.
Speaker 1 (24:45):
Happy Halloween.
Speaker 4 (24:47):
You know I'm not a fan of Halloween either, but
save me. I know you're not even aware of what today.
I know, I know, I know you're not aware of it.
But if you get any million dollar bars, or you
get any heath bars, just put them in a little package,
take them over to ups and send them all over.
Speaker 6 (25:00):
Understood, my friend will do promise.
Speaker 4 (25:02):
I love your visits. We'll see in the morning. Happy Halloween.
There I said it, Uh forty seven minutes after the hour.
You know this one clip of it might make me late.
When you see all these tweets, you're probably thinking, well,
that isn't Donald Trump, right, there's a viral video. Oh,
they're all him, and they show him watching Kamala and
telling the woman went to type and I wanted to
(25:24):
play you. It's about a minute fifty six. I can't
do that, but just to let you know, oh, those
are really Donald Trump. Not handlers. There's nobody just working
his Twitter. This is him doing well on Twitter.
Speaker 5 (25:37):
Said these the things of which she complains, which.
Speaker 7 (25:45):
In many ways Donald Trump is an unserious man.
Speaker 1 (25:50):
Oh you love It's great.
Speaker 12 (25:54):
Ready.
Speaker 5 (25:57):
These prosecutions were all started by her and Biden against
their political book.
Speaker 1 (26:06):
Get that out right away.
Speaker 4 (26:08):
I mean come on, the guys, sharp, that's really him
dictating all of them. That was really him, probably behind McDonald's.
I'll bet it was really him behind the garbage truck
to boot.
Speaker 7 (26:24):
This is Steeve the wrestler, a refugee from the People's
Republic of Minnesota. And My morning show is your Morning
Show with Michael del Join.
Speaker 1 (26:35):
You thought the election would come down to this? How
do you like my garbage truck?
Speaker 9 (26:40):
Like?
Speaker 5 (26:40):
This truck is an honor of Kamala and Joe Biden.
Speaker 1 (26:44):
That's the big news.
Speaker 4 (26:45):
Uh. Did Joe Biden really call everybody that votes for
Donald Trump and supports Donald Trump garbage? Did Donald Trump
really show up with a brand new, beautiful, beautiful, beautiful
garbage truck with Trump make America great? Yes, So he
bookends his McDonald's stunt with a garbage truck stunt. The
Republicans seem to be on top of everything this time around,
(27:05):
from mail in voting to early voting, and we're seeing
record early voting. They're on top of court rulings and
getting appeals in and one might suggest they're on top
of election fraud early and we're getting some reports of it.
We always give the final story to Rory, we hope
this one interests him more than the garbage truck.
Speaker 1 (27:24):
Rory, what are the fraud charges that we're seeing?
Speaker 7 (27:26):
Yeah, former President Trump putting on his truth social that
they say they've already started cheating in Lancaster meeting Lancaster County, Pennsylvania. Quote,
they've cheated. We caught them with twenty six hundred votes. No,
we caught them colduote. But in Lancaster County they're saying
that actually no, they're just reviewing twenty five hundred voter
(27:46):
registration forms, not votes, and looking for potential fraud after
the documents were submitted by a third party. Also in
York County, also similar batches of registration forms from a
third party group also being reviewed there. But look, we
are going to find these instances happening all over the country.
We saw the case in Michigan a Chinese student as
(28:09):
admitted to voting in the election illegally.
Speaker 1 (28:13):
You know, he's a student on a student visa from China.
Speaker 4 (28:16):
And do you remember, do you remember about two months
ago the undercover report. It was again another one of
these apartment complexes that are just filled exclusively with the
legal aliens, and they were knocking on doors unsolicited. Most
didn't want to answer the door, but it was about
two out of three when they did answer the door
(28:36):
that said they were registered to vote or they already voted,
And of course none of them legally should be able
to vote, so we just don't There's probably a lot
we don't know going on. That's why Donald Trump's always
pounding let's make the margins so big it can't be rigged.
But yeah, the Chinese students another one, and then in
Miami they found the ballots.
Speaker 7 (28:53):
Right there was a total full of ballots that fell
out of the back of a truck because the election
worker didn't lock the back of the truck, so some
other motorists happened to come across the tote and another
security bag and return them to the police. So, yeah,
these things are going to happen with one hundred and
something million ballots being cast between now and Tuesday, so
(29:14):
be on the lookout. But obviously the concern is that
a wide spread voter fraud that could sway some of
these big elections.
Speaker 4 (29:22):
So far no evidence of that and so tight coming
to the end. Although I think probably the story you know,
I have one minute, I can do this. You know,
I told a story about how I went back and
looked at the Mitt Romney Barack Obama race and how
that broke in the final seven days. And I remember
being one of the few people that picked Donald Trump
to defeat Hillary Clinton. And now that I look back
(29:44):
on this day in history, this is probably what I
was looking at. There was a pretty defined break in
this race. Remember, Hillary was leading by as much as
eight to two and a half weeks out on this
date in history. In twenty sixteen, she was only leading
nationally by one and a half. And you know, so
there was a clone using of Donald Trump Joe Biden
in twenty twenty hugely nationally seven point four percent.
Speaker 1 (30:04):
He went on to win this time around.
Speaker 4 (30:05):
Donald Trump, from a real clear politics average is leading
by almost to half a point, zero point four percent.
And we're seeing him leading in all of the swing
states except Wisconsin, where Harris is up zero point two percent.
But this looks much different. And wouldn't it be crazy
if if the garbage truck is the final straw, time
(30:27):
will tell you'll hate that that really makes you ready
for it to be over the garbage truck?
Speaker 7 (30:33):
Well yeah, and then we'll see as well what the
effect of the early voting has been, you know, as
we're expecting half the votes to be cast before we
even get to Tuesday, and you know, and obviously now
to see many more Republicans taking part in early voting,
either voting early at a polling place or using absentee ballance.
That's also very different from what happened four years ago.
(30:55):
Great reporting today, Ray, We'll talk again tomorrow. Thanks so much.
All Right, that does it for us.
Speaker 12 (30:59):
We're all in us together. This is your Morning Show
with Michael Del Jorno.
Speaker 1 (31:10):
M
Hi, It's Michael.
Speaker 2 (00:00):
Your morning show airs live five to eight am Central
six to nine Eastern in great cities like Memphis, Tennessee, Telsa, Oklahoma, Sacramento, California.
We'd love to be a part of your morning routine,
but we're happier here now. Enjoy the podcast two.
Speaker 3 (00:14):
Three, starting your morning off right, A new way of talk,
a new way of understanding because we're in the studiold
this is your morning show with Michael o'deil Charny seven
minutes after the hour, Thanks for waking up with your
morning show.
Speaker 4 (00:32):
I'm Michael del Jornald Jeffrey Lyons has the controls, and
of course we can't have your morning show without your voice.
Speaker 1 (00:38):
We find Crystal in Nashville.
Speaker 3 (00:39):
I'm a middle age, middle class white woman, just voted
for Trump for.
Speaker 5 (00:45):
The third time.
Speaker 1 (00:46):
I believe Jesus Christ is our Lord and savior.
Speaker 6 (00:50):
One agree with you, Michael, and thank you President Biden
for finally doing something.
Speaker 1 (00:56):
For America before you leave office.
Speaker 7 (00:59):
Hepsy day.
Speaker 1 (01:00):
Thank you, Crystal, thanks for listening.
Speaker 4 (01:02):
So the entire Donald Trump rally in Wisconsin maybe his
best rally ever. I've never seen the man more relaxed,
more focused, more entertaining. This is not hyperbole when I
(01:23):
tell you maybe second only do Sebastian Maniscalco's first two
stand up specials, Dom Papa. That was stand up comedy
last night flawlessly delivered. But at one point when he
was doing all this funny, funny, funny stuff. And that's
after arriving in a garbage truck and explaining why he's
(01:44):
wearing a garbage vest instead of a suit. It's the
second time he's done this. When referencing Joe Biden, he said,
you know, I really think he wants me to win.
I'm in the debate and it wasn't a good performance
for Donald Trump. He turned to Kamala Harris at one
(02:04):
point and looked at it goues and by the way
he can't stand you, as if.
Speaker 1 (02:07):
They've had a conversation, and the.
Speaker 4 (02:10):
Way he dropped in the oh, by the way, uh,
I think he wants me to win. It's like he
knows something he's dying to say. It does seem like
Joe Biden is misspeaking at critical moments. And I'll give
you what you know. We talked to Roy O'Neil last
half hour. He doesn't seem to think this is gonna
have a big I actually think this this garbage truck
(02:32):
starting with McDonald's, then Madison Square Garden, the way they're
on top of early voting, mail in voting, watching the
mail fraud, getting the court decisions and shenanigans that they
are trying to play. The Republicans are two steps ahead
of them the entire way this time. And then the
McDonald's stunt followed by the garbage truck stunt could be
(02:53):
the final straw that breaks the camel's back. And you
know how I.
Speaker 1 (02:58):
Know that so.
Speaker 4 (03:00):
Because it feels odd to even address Kamala Harris's speech,
her big closing argument, and nobody's thinking about it or
talking about it. And if we were, because economy is
the top issue, we would have to take on this
very serious topic, a very serious look at COMMA offering
(03:24):
to crack down on price gouging and lowering insulin prices
as a solution for everything you're feeling from home to automobiles,
to groceries to gasoline. I would have to turn to
our economist and our money was David Bonson and insult
and waste his time and ask David first, good morning. Secondly,
(03:48):
do you really think the issues the American people are
facing would be solved by addressing price gouging and insulin
prices only.
Speaker 1 (03:58):
Well, first of all, Michael, good morning.
Speaker 8 (04:00):
Second of all, I'm glad I get to talk economics
with you instead of politics, because I don't think people
care about my political opinions this fine morning. And to
answer your question, I don't think it ever has to
do with American people having their problems solved.
Speaker 1 (04:18):
I think that political stump.
Speaker 8 (04:20):
Speeches are always symbolic, they are usually pandering, and I
just feel a need this morning to make very clear
that a wide portion of what President Trump has said
throughout this campaign has been rank pandering as well, offering
(04:40):
certain tax cuts only to certain people depending on the
audience he's talking to.
Speaker 1 (04:45):
And I also say it.
Speaker 8 (04:46):
Is in a very non judgmental way, that's just what
these politicians do. So Kamala's focus groups and strategists and
consultants telling her to focus on insulin and price gouging
is not economic policy. It's not substantive, it's not kojunk,
but you know it isn't meant to be. It's just
(05:07):
rank political. The people wanted a king kind of stuff.
Tell them, you're going to do this, do that, everybody
gets a car, throw KNDy out. It's Oprah win free politics,
and it's pretty bipartisan.
Speaker 1 (05:20):
So I'm going to get back to that. But let
me ask you this. John F.
Speaker 4 (05:25):
Kennedy in nineteen sixty two, fearing a recession, heading into
a recession and everybody fearing how we're going to fund government,
says this is the time not to raise taxes. In
other words, get you know, focused on more revenue for government. Actually,
just the opposite. It's a paradoxical truth.
Speaker 1 (05:42):
Number one.
Speaker 4 (05:43):
Morally, when you go to work, it's your money, not
the governments, and the government tells you how much you
can keep. Secondly, we trust you to spend your money rightly.
We don't spend it for you. And we believe you'll
pay yourself out of debt. And we believe you'll start
spending money. And as you spend money, businesses grow. As
they grow, they hire more more payers burdened less is
how you fund government. Now, he didn't live to see it,
(06:03):
but it worked then. It worked for Reagan, it worked
again for Bush, though he kind of outspent a lot
of those gains, saying could be said for Trump, that
kind of an explanation in terms of what is the
size and role of the government, and what is the
role in the responsibility of individuals who the money really
belongs to, and how tax cuts actually grow economy and
(06:24):
fund the government.
Speaker 1 (06:24):
Best That isn't political speech, is it?
Speaker 7 (06:29):
Well?
Speaker 9 (06:29):
No, And as a matter of fact, we didn't start
with John Kennedy. It didn't even start with Law Reagan.
It started in the garden of Eden. And the fact
that these things reflect the.
Speaker 1 (06:40):
Way in which God made me mankind.
Speaker 8 (06:42):
What you're speaking to is the logic of incentives that
when you tax more.
Speaker 1 (06:47):
Of something, you get less of it.
Speaker 8 (06:49):
That's the credo of supply side thinking applied to policy.
Speaker 1 (06:54):
And so because I think there's very little government can do.
Speaker 10 (06:56):
To promote productive activity, we focus on the things they
can do to remove impediments from productive activity, which means
lower marginal tax rates and deregulation.
Speaker 5 (07:09):
Kennedy got it, Bacon got it.
Speaker 11 (07:12):
By the way, Bill Clinton on a margin lowered apple
gains on things and got more investment activity and certainly
more revenue. Bush Junior about it, and Donald Trump with
the corporate income productor wherever.
Speaker 4 (07:24):
You are right now by the way wherever you are
right now, stop and only talk where you're standing because
everything else was garbled.
Speaker 1 (07:31):
But now I can hear you really good. Okay, I'm
sorry about the signal. Is it okay? Right here? Yeah?
Don't move, don't even blink, just keep tying.
Speaker 8 (07:40):
You know, we are collecting hundreds of billions of dollars
more incorporate income tax right now than we were when
our tax rate was thirty five percent, and it's now
twenty one percent.
Speaker 5 (07:51):
Trump slashed the business tax rate and we're collecting way
more taxes. That's the point you're making. That's the point
I'm making. Is it speaks to incentive, right. So bottom
line is in John F. Kennedy did this in nineteen
sixty two.
Speaker 4 (08:04):
He was just a better communicator, so was Ronald Reagan
than Donald Trump. But what he was expressing was any
money that's tax is money out of the economy, all right,
so it just disappears. So you tax companies, that's money
out of the company. What would they do if they
were allowed to keep that money? Is it morally theirs?
Would you trust them with it? Would they hire more
with it? Well, now we make demons. First of all,
(08:27):
small business Oh, you're little angels with wings and halos.
But be successful, Well then we're going to demonize you.
You are the bad guy, and we need to take
from you and give to others.
Speaker 1 (08:40):
And in the end, it never gets to the others,
does it.
Speaker 4 (08:43):
So maybe it's just a matter of you know, I
think Donald Trump would like to talk about a fair
tax or a flat tax, but instead, in this climate
and social media and cable television, you know, maybe no
tax for tips actually registers more. But it's not it's
not real economic talk. It's really more political pandering.
Speaker 5 (09:05):
Yeah, and you don't get the incentives that you and
I are talking about. What Kennedy did was broad based.
What Reagan did was broad based. If you just target
certain industries, certain professions, certain people, then you promote cheating,
you promote altered activity.
Speaker 1 (09:19):
You distort.
Speaker 5 (09:21):
What you want is just broad based reduction of taxes
that everyone benefits from. That creates the incentives, that creates
a higher tax base, that creates more productive incentive.
Speaker 1 (09:32):
You know, some people could hear what you said.
Speaker 5 (09:34):
And say, well, the money doesn't get extinguished, It doesn't
get good on fire when the government taxes it. It
just moves from one part of the economy to the next.
And I think that's fair enough. But let's just evaluate
what that is. It moves from the private sector to
the public sector. So the question is what's productive? Is
there more productive with a profit motive? Is there more
productivity with you know, scientists and entrepreneurs and risk takers
(09:59):
and builder than bureaucrats and people with no skin in
the game. And so I think you're exactly right. At
the base of the argument is where do you want
resources advocated? Where do we want capital in our society?
We want capital with people that build with it, produce
with it, grow. And this is the basic economic concept
(10:19):
that politicians don't care to understand, but too often the
people don't care to understand economists money.
Speaker 4 (10:25):
Would you see them on Fox Business all the time?
He's here weekly David bonson joining us. So, David, bottom
line is a lot of economic talk from the candidates.
What's really killing people? And that's the other thing we
don't ever get to the heart of it. It's really
food that isn't matching up with wages. It's automobiles and
(10:47):
homes that aren't matching up with wages. We have a
serious economic issue. And if I were to tell you,
it's twenty twenty four and you have more tax receivers
than tax payers, and most of those that are running
for office are growing government, not the economy. Well in,
(11:07):
the best and highest paying jobs and most secure jobs
are now government jobs.
Speaker 1 (11:12):
What's that a recipe for economically.
Speaker 5 (11:15):
Well, it's a recipe for what we've been getting, which
is the lower stagnated economic growth. It doesn't mean we're
in recession. It doesn't mean the economy's shrinking. It means
it's not growing at the level it could be and
should be and would be growing. And so that's the
whole issue that I do not think enough people understand.
You want three percent four percent economic growth after inflation
(11:40):
to create the jobs, wages, and prosperity that most of
us have grown up with. The baby boomers and Gen
X have mostly lived in a world that was growing
at over three percent. And if you leave our gen
Y and Gen Z and the generation below them, our
kids and grandkids economy growing at one percent one and
a half percent, then if less wages, less jobs, less activity,
(12:03):
which creates more social angst, more resentment, more alienation, etc.
This is not that hard to understand, but that's what
we're dealing with. And so you go, okay, well wait
a second, that's nice. How do you get that economic growth?
And some will say you get it by government getting
involved in trying to hand out money to corporations to
(12:24):
move their chips plants into America, And others say you
get it by deregulation, tax cuts, government getting out of
the way, more state and local control, less federal control,
more school choice, more energy independence, et cetera, et cetera.
So it's a battle of ideas, it's a battle of philosophy.
Speaker 4 (12:42):
It's a very serious subject, but not very well understood
by the electorate and taken advantage of and pandered to
by the politicians. But at some point, to education self
or common we better get to educating people on what
the economy really is if they're ever going to know.
Speaker 5 (13:02):
I would suggest that I would suggest it's funny you
start off talking about the election and and the and
where we stand on the politics, and I agree with
you one hundred percent about how serious it is. I
guess I would ask listeners, does anybody get the impression
that the media thinks these things are serious? They're focusing
on a joke made in Madison Square Garden. Does anyone
get the impression of the candidates think this stuff is serious?
(13:25):
You get into all of the different you know, side
shows and stunts and gamesmen. Look, I think you're right
that we're dealing with serious issues. But where are the
serious people addressing the serious issues. They're not at CNN,
they're not an MSNBC.
Speaker 1 (13:39):
No.
Speaker 4 (13:39):
But in their defense and their and their defense, I
would have to say, David, you could.
Speaker 1 (13:44):
You got a better chance to get elected.
Speaker 4 (13:46):
Doing a McDonald's stunt and and a garbage truck than
you do having a John F. Kennedy or Michael del
Journer or David Bonson style real conversation about the economy. Now,
the question is what you agree and once you're governing,
what you do. And I think Donald I think Donald
Trump has addressed better than her. I will give him that.
Speaker 1 (14:03):
Oh yeah, I agree with that entirely.
Speaker 5 (14:05):
And Trump also has another benefit in this campaign is
he had four years as president where he showed what
his economic policies were, and therefore the burden of proof
is more on her. And she has never said a
darn word about what she really believes on economic growth.
I've never seen a campaign try to get away with
a more audacious four corners offense for months and months,
(14:29):
or refusing to talk to anything substantably. It's insulting the
American people.
Speaker 12 (14:33):
Especially the closing argument, This is your Morning Show with
Michael Del Chrono, Hi.
Speaker 1 (14:50):
It's Michael.
Speaker 2 (14:50):
Your Morning Show airs live five to eight am Central,
six to nine Eastern in great cities like Memphis, Tennessee, Telsa, Oklahoma, Sacramento, California.
We'd love to be a part of your morning routine.
But we're happy you're here now. Enjoy the podcast.
Speaker 6 (15:04):
Their long term investment vehicle. It had already priced in
the fact that the bed was probably going to lower rates,
so when they did it was just temporary. What that
has done is it's led mortgage rates to resume their
seven percent spot. That' says of October twenty eighth, it's
the highest level since the start of the summer. And
what it means is that if you have three thousand
bucks as a home buyer on in your monthly budget,
(15:26):
you can afford a four hundred and forty two thousand
dollars home with a seven percent mortgage.
Speaker 1 (15:31):
That's great. Now, can you help me find.
Speaker 6 (15:33):
One yes exactly, And they say that's the average in
the US. I'm like, is it okay?
Speaker 1 (15:38):
Sure? Whatever, Well, not where you live.
Speaker 4 (15:41):
But that handsome, successful husband of yours.
Speaker 1 (15:44):
Let's take a moment and thank God for him one
more time, shall we? Okay, Claire.
Speaker 6 (15:49):
It's also the idea that like buyers actually lost thirty
three thousand dollars in purchasing power over the last six weeks.
That's that's a lot in just six weeks time.
Speaker 1 (16:00):
So you could have.
Speaker 6 (16:01):
Had thirty three thousand dollars more house. But the four
hundred thousand dollars, which is the average, it's above that.
Actually it's like four hundred, around four hundred and fifty.
That is a big number that most three thousand dollars
monthly budgets cannot sustain. And if you take this out
to election, which is happening last than a week from now,
it really has a profound effect in swing states. And
if you look at like the less expensive median home
(16:23):
prices in swing states like Michigan and Pennsylvania, Wisconsin, they
float around three hundred thousand as opposed to that four
hundred and fifty, you get paid less, though you know.
Speaker 4 (16:32):
It's all this kind of falls out what was happening
behind your back when you had a long conversation about
the economy is very serious business, but we don't understand
it very seriously, and we don't have politicians who talk
about it very seriously, unless, of course, you think this
mortgage rate has something to do with price gouging and
insulin prices as well. Stuart Varney was on Fox yesterday
and he's so brilliant, brilliantly broke it down. You know,
(16:54):
you can talk about wages and not keeping up with
cost of living, but it's pecific items. You know, things
like housing where it's seventy percent up, or groceries or
you know, the buying cars was over seventy percent as well.
You know, just our transportation and housing. That's the part.
(17:15):
And so all these discussions about you know, inflation rates,
it's it's a dodgeball game.
Speaker 1 (17:22):
We all know what's going on.
Speaker 4 (17:23):
We have a housing crisis, like we have a border crisis,
like we have across a living crisis, and nobody's really
seriously talking about it. And that's why we're not getting
any really serious momentum.
Speaker 1 (17:32):
In the right direction.
Speaker 6 (17:33):
I agree with you, and you bring up such a
good point. You're like, the politicians don't talk about it.
I am of the opinion that politicians don't talk about
macroeconomics because they don't understand it, and that I'm not
mad at them.
Speaker 1 (17:43):
I don't think that's the case with Donald Trump.
Speaker 4 (17:45):
I think Donald the marketer, Donald Trump knows that you
can't have a sixty minute discussion, you know, not substantively
about this. The American people's have you seen TikTok lately?
Speaker 1 (17:56):
Or reels?
Speaker 4 (17:56):
The attention spans about twenty seconds, believe it or not.
A garbage truckle get the White House. But once you
get to the White House, then like John F. Kennedy,
then like Ronald Reagan, you can govern in a way
that educates. I think Donald Trump does get it. I
don't think he thinks it's a message that can win.
But once he's in office, he should go beyond picking
winners and losers like tips and overtime, and really start
(18:19):
discussing fair tax.
Speaker 1 (18:20):
Flat tax. Money out of the economy.
Speaker 4 (18:22):
For taxation is money out of the economy who it
morally belongs to, and as they spend it, and as
companies are allowed to keep it, they create jobs more
taxpayers is the proper way to fund government. I'm going
to get into all that, but I think it has
to be done after the fact. If you tried to
have that kind of an economic, a serious economic discussion,
I don't think you're going to get anywhere with this
electric right now. Who doesn't probably frankly understand it better.
Speaker 6 (18:45):
I agree with you. But at the same time, the
fact that Trump is their dead set on tariffs at
the expensive income taxes is what every economists on either
side of the aisle, from think tanks that are far right,
have said, this doesn't work. It doesn't work like this,
which fundamentally makes me question the macroeconomic stent. He needs
a marketing genius, but he has gone bankrupt many times
(19:07):
and the fundamentals of macroeconomics. Yes, he has properties all
over the world, but he doesn't personally manage the books
of them. That the tariff thing is very concerning from
a macroeconomic and if you look at like the Goldman
Saxes of the world, the big institutions, they are concerned
about Trump's you know, coming into office from not only
a physical standpoint, but also a taxation standpoint, because if
(19:30):
you look at very various sectors like auto industry. This now,
is it just a bluster to make people do what
he wants? Potentially, But at the same time, the fact
that we spend a lot of time looking at a
cann't wondering if it's bluster or truth is also problematic
to some voters. Others love it. It's just where you
stand on the issue.
Speaker 4 (19:47):
I don't know that terrorists has turned into a political
weapon and narrative and talking point. Don't forget the name
of his book was The Great you know, the Great Negotiator,
The Art of the negot I think he's talking specifically
to China. China, of course, who has a big plan
of building automobiles just across our border in Mexico and
(20:09):
creating like twelve thousand dollars electric vehicles to flood the market.
I think he's addressing that. I think this is more
a negotiation rather than a foundation for his economic plan.
Otherwise it would have had that effect the first time around,
and it was certainly more negotiation the first time around.
Speaker 1 (20:28):
So but I don't know. Time will tell.
Speaker 4 (20:30):
The bottom line is I don't I think Trump gets
it more than her, that's for sure, But I don't
think any of them get them the way they need
to get it, and ultimately they get away with it
because the American people don't get it. So who do
we ultimately blame. It's like when you when you look
at Congress and go, what a bunch of numbskulls. Well
you're Lincoln, You're right, Yeah, you're getting exactly what you've sent.
(20:52):
So you know it's got to start saying.
Speaker 6 (20:53):
I couldn't agree with you more, and then beyond that,
I like this.
Speaker 1 (20:56):
We need this is a key piece of this.
Speaker 4 (20:58):
We need these mortgage rates to come down so boomers
will start letting go of their homes to create inventory
so that people can start refinancing and freeing up cash flow.
Speaker 6 (21:08):
This is not good, No, it's it's not good at all.
And but another thing, I think that this kind of
goes back to the more like thirty thousand foot perspective
that this is not impossible stuff to learn, Like there's
some like deep physics, which yet not everyone's going to
be able to wrap their head around. I think that
macroeconomics on some level is like easier than micro and
(21:31):
and if we just taught it in schooled properly, like
like these basic things like civics, like macroeconomics.
Speaker 1 (21:37):
So like these concepts, and.
Speaker 4 (21:38):
Why may they not Why do you think they don't
teach civics? Why do you think they've teached only teacher
VI's history kind of a socialization version of history. And
why don't they teach economics like this?
Speaker 1 (21:50):
Somebody?
Speaker 4 (21:51):
It would somebody does not want you prepared for because
they don't want you prepared for citizenship. They want you
prepared for control. But you're right, That's why I said
earlier beyond your back. This needs to be addressed at
the common education level, or the common sense level. But
I do think, believe it or not, a McDonald's drive
through in a garbage truck is probably your best way
to win a presidential election these days. But once you're
(22:12):
in office and governing, that may be a great opportunity
to educate the American people and do things beyond just
tips and overtime.
Speaker 6 (22:19):
I mean, listen, you're preacating the quality.
Speaker 1 (22:21):
I can't solve all the world problems, but education is power.
Speaker 6 (22:25):
We know that, and if we want to win, you
can't have a dummy population.
Speaker 1 (22:29):
You have to teach them the things. Now.
Speaker 6 (22:31):
I get that, like keeping a simple population is easier
to govern.
Speaker 1 (22:35):
You just say that the entire population is dumb and garbage.
Speaker 6 (22:39):
No I did not, I did not at all.
Speaker 5 (22:41):
No, no, no, no no.
Speaker 6 (22:43):
But the point being, like China teaches them, why don't
we teach our people the things, the real things, like
economics and like, you know, the the civics, the things
the matter geography even for you.
Speaker 12 (22:55):
Know, like that.
Speaker 4 (22:56):
Well, because it's and by the way, you're just touching it.
It's not one plus one plus one is three. I mean,
we have a failed education problem. It's not education, it's
in doctrination and social socialization. It's rewriting history, it's not
teaching civics. Then you have the mainstream media that is
a propaganda, so it's rewriting reality every day. I mean,
(23:18):
these are big problems. And what I always say is
our problems foundationally, societally and so on, are bigger than
the problems we're trying to solve, and they must be solved.
Speaker 1 (23:31):
First.
Speaker 4 (23:31):
You better pick a god, you better pick a form
of government. You better get down to reading, writing, arithmetic, history, civics,
and economics if you're gonna be prepared for whatever generation,
let alone the next. And we're just we're failing on
every side of that, and sometimes all the above is
really a powerful thing, all.
Speaker 6 (23:53):
Right, But still hopeful, Michael, Like, do you think like hopeful,
not just with the presidential election, but they get.
Speaker 4 (23:58):
I'm not hopeful in politicians. I'm not hopeful in politics.
I'm not hopeful in government. I'm hopeful in God eternally,
and that there's an opportunity every day to wake up,
confess and repent, and confess your sins, repent and pray
for your country. And I believe God can heal a land,
He can create a spiritual revival, a cultural awakening. You
(24:19):
and I see it in the gen Z. So there
are layers of hope, but I'm not looking for it
in any presidential candidate by any stretch. And nor do
I see things heading in the right direction anytime soon.
So it's going to take something pretty dramatic, and unfortunately
history teaches that sometimes it takes something really bad in
order to awaken us. Let's hope it doesn't.
Speaker 1 (24:40):
But that's so great. You come with bad news, then
you bring the whole show down erin.
Speaker 6 (24:44):
I'm sorry, let's bring it back up.
Speaker 1 (24:45):
Happy Halloween.
Speaker 4 (24:47):
You know I'm not a fan of Halloween either, but
save me. I know you're not even aware of what today.
I know, I know, I know you're not aware of it.
But if you get any million dollar bars, or you
get any heath bars, just put them in a little package,
take them over to ups and send them all over.
Speaker 6 (25:00):
Understood, my friend will do promise.
Speaker 4 (25:02):
I love your visits. We'll see in the morning. Happy Halloween.
There I said it, Uh forty seven minutes after the hour.
You know this one clip of it might make me late.
When you see all these tweets, you're probably thinking, well,
that isn't Donald Trump, right, there's a viral video. Oh,
they're all him, and they show him watching Kamala and
telling the woman went to type and I wanted to
(25:24):
play you. It's about a minute fifty six. I can't
do that, but just to let you know, oh, those
are really Donald Trump. Not handlers. There's nobody just working
his Twitter. This is him doing well on Twitter.
Speaker 5 (25:37):
Said these the things of which she complains, which.
Speaker 7 (25:45):
In many ways Donald Trump is an unserious man.
Speaker 1 (25:50):
Oh you love It's great.
Speaker 12 (25:54):
Ready.
Speaker 5 (25:57):
These prosecutions were all started by her and Biden against
their political book.
Speaker 1 (26:06):
Get that out right away.
Speaker 4 (26:08):
I mean come on, the guys, sharp, that's really him
dictating all of them. That was really him, probably behind McDonald's.
I'll bet it was really him behind the garbage truck
to boot.
Speaker 7 (26:24):
This is Steeve the wrestler, a refugee from the People's
Republic of Minnesota. And My morning show is your Morning
Show with Michael del Join.
Speaker 1 (26:35):
You thought the election would come down to this? How
do you like my garbage truck?
Speaker 9 (26:40):
Like?
Speaker 5 (26:40):
This truck is an honor of Kamala and Joe Biden.
Speaker 1 (26:44):
That's the big news.
Speaker 4 (26:45):
Uh. Did Joe Biden really call everybody that votes for
Donald Trump and supports Donald Trump garbage? Did Donald Trump
really show up with a brand new, beautiful, beautiful, beautiful
garbage truck with Trump make America great? Yes, So he
bookends his McDonald's stunt with a garbage truck stunt. The
Republicans seem to be on top of everything this time around,
(27:05):
from mail in voting to early voting, and we're seeing
record early voting. They're on top of court rulings and
getting appeals in and one might suggest they're on top
of election fraud early and we're getting some reports of it.
We always give the final story to Rory, we hope
this one interests him more than the garbage truck.
Speaker 1 (27:24):
Rory, what are the fraud charges that we're seeing?
Speaker 7 (27:26):
Yeah, former President Trump putting on his truth social that
they say they've already started cheating in Lancaster meeting Lancaster County, Pennsylvania. Quote,
they've cheated. We caught them with twenty six hundred votes. No,
we caught them colduote. But in Lancaster County they're saying
that actually no, they're just reviewing twenty five hundred voter
(27:46):
registration forms, not votes, and looking for potential fraud after
the documents were submitted by a third party. Also in
York County, also similar batches of registration forms from a
third party group also being reviewed there. But look, we
are going to find these instances happening all over the country.
We saw the case in Michigan a Chinese student as
(28:09):
admitted to voting in the election illegally.
Speaker 1 (28:13):
You know, he's a student on a student visa from China.
Speaker 4 (28:16):
And do you remember, do you remember about two months
ago the undercover report. It was again another one of
these apartment complexes that are just filled exclusively with the
legal aliens, and they were knocking on doors unsolicited. Most
didn't want to answer the door, but it was about
two out of three when they did answer the door
(28:36):
that said they were registered to vote or they already voted,
And of course none of them legally should be able
to vote, so we just don't There's probably a lot
we don't know going on. That's why Donald Trump's always
pounding let's make the margins so big it can't be rigged.
But yeah, the Chinese students another one, and then in
Miami they found the ballots.
Speaker 7 (28:53):
Right there was a total full of ballots that fell
out of the back of a truck because the election
worker didn't lock the back of the truck, so some
other motorists happened to come across the tote and another
security bag and return them to the police. So, yeah,
these things are going to happen with one hundred and
something million ballots being cast between now and Tuesday, so
(29:14):
be on the lookout. But obviously the concern is that
a wide spread voter fraud that could sway some of
these big elections.
Speaker 4 (29:22):
So far no evidence of that and so tight coming
to the end. Although I think probably the story you know,
I have one minute, I can do this. You know,
I told a story about how I went back and
looked at the Mitt Romney Barack Obama race and how
that broke in the final seven days. And I remember
being one of the few people that picked Donald Trump
to defeat Hillary Clinton. And now that I look back
(29:44):
on this day in history, this is probably what I
was looking at. There was a pretty defined break in
this race. Remember, Hillary was leading by as much as
eight to two and a half weeks out on this
date in history. In twenty sixteen, she was only leading
nationally by one and a half. And you know, so
there was a clone using of Donald Trump Joe Biden
in twenty twenty hugely nationally seven point four percent.
Speaker 1 (30:04):
He went on to win this time around.
Speaker 4 (30:05):
Donald Trump, from a real clear politics average is leading
by almost to half a point, zero point four percent.
And we're seeing him leading in all of the swing
states except Wisconsin, where Harris is up zero point two percent.
But this looks much different. And wouldn't it be crazy
if if the garbage truck is the final straw, time
(30:27):
will tell you'll hate that that really makes you ready
for it to be over the garbage truck?
Speaker 7 (30:33):
Well yeah, and then we'll see as well what the
effect of the early voting has been, you know, as
we're expecting half the votes to be cast before we
even get to Tuesday, and you know, and obviously now
to see many more Republicans taking part in early voting,
either voting early at a polling place or using absentee ballance.
That's also very different from what happened four years ago.
(30:55):
Great reporting today, Ray, We'll talk again tomorrow. Thanks so much.
All Right, that does it for us.
Speaker 12 (30:59):
We're all in us together. This is your Morning Show
with Michael Del Jorno.
Speaker 1 (31:10):
M
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