Talking Tariffs & the Stock Market

Talking Tariffs & the Stock Market

Episode Transcript

Speaker 1 (00:00):
It was a great day, but what today wasn't gonna be. Yeah,
as Matt Stradamis tried to let the people know about, Yeah,
stick with me, folks, Yeah yeah. So yeah, you have
it up, you have the numbers up.

Speaker 2 (00:13):
I do.

Speaker 1 (00:13):
It's not as bad as it was.

Speaker 3 (00:15):
No, it's not, but I mean, go ahead and let
people know what the heck's going on out there.

Speaker 1 (00:19):
Dal Jones is down today right now, sitting at about
two and a half percent down or minus one thy
twenty four and a half points, back below forty thousand,
at thirty nine thousand, five hundred and eighty. But we'll
see where it ends up. Still got about fifty two
minutes here SMP five hundred, down one hundred and eighty
points or minus three point now jumping up to minus

(00:40):
three point three nine percent two hundred and seventy two.
Nas DAK is down four point two percent or seven
hundred four point twenty six percent now seven hundred and
twenty six point seven points. Sixteen thousand, three hundred and
ninety six is where it's sitting at. And the little
old Russell two K, tiny little Russell out there short
came down seventy eight point seven points minus four point

(01:03):
one two, sitting at one eight and thirty four. So
does this nullify everything we talked about yesterday? I guess
it would be the big question, like all the hey, look,
look what happens when you let let the uh the
Donald cook. Well, it tasted great, but it gave us
the runs.

Speaker 3 (01:23):
You didn't make it sound like that. It just made
it sound like you're a little cramped up.

Speaker 4 (01:27):
You know.

Speaker 3 (01:28):
I would say it has to get worse to get
to that point, okay, but I don't know. That wasn't
my analogy. The big beautiful spending bill was passed today.
Did you see that?

Speaker 1 (01:39):
Is that what it's called?

Speaker 3 (01:40):
Well, they're calling it that, the Trumpers are calling it that,
and uh yeah, I was able to get through and
efforts to advance this got to a point and there
were internal disagreements about some of this spending in the
way that it was going, but it did get through.
With that being said, not good news on the market.

(02:02):
So I guess what do we make of that? And
how come this is so how come this is so
up and down like this?

Speaker 1 (02:11):
Right?

Speaker 3 (02:13):
I don't know anybody who enjoys it like this? And
if you're a day trader. You've got to be sitting
there and it's like, well, I don't know what's going on,
but oh well, market's down eleven percent year to date.
If you were wondering about where we're at on that,
and we'll figure that out. Donald Trump about an hour
ago said, if we can't make a deal as far
as China or as far as any of these other

(02:36):
countries that we have paused reciprocal tariffs, we go back
to where we were first. Deal on tariffs is very close, though,
and we would use the money from tariffs to pay
down the debt that we have in the country. Well,
at least there's a plan, I suppose, But I don't
know if it's great for long term realistic scenarios for
us to have a real understanding of when this extreme

(02:58):
fear on the market place is going to subside or
what needs to happen. Do we need to see some
concrete deals and our deals with places like Sri Lanka
and Switzerland and give me another obscure.

Speaker 1 (03:11):
Country Trinidad and Tobago. Yeah, sure, do we own that.
Somebody does. Hopefully they do own trinid and Tobago. Ah,
they're independent.

Speaker 3 (03:24):
You're right there, you go, okay, there you go deals
with Sri Lanka, Switzerland and Trinidad and Tobago. Are those
really going to get the markets like, oh, okay, we're
gonna chill now. If you're all in the market, if
you're in business, if you're a major player, oh yeah,
this is okay. Does this quiet down some of the
whole We need to investigate everybody who was buying into
the stock market before all that stuff happened yesterday because

(03:48):
they're illegally trying to make money and insider trading is
bad and you're going to jail. And we agreed that
we should be investigating that if that was going on.
But when it goes back down like this today, and
you know, it's not the whole, it's not.

Speaker 1 (04:00):
It didn't.

Speaker 3 (04:01):
It's like thirty percent or so of the gains yesterday
on the Dow are are down, right, So it's not
the whole thing that we gained yesterday, but it's still
going the wrong direction. It was like five steps forward
and a couple of steps back.

Speaker 1 (04:16):
But does this quiet the whole? Well?

Speaker 3 (04:18):
I think there are too many people in Congress who
might be knowing what the market's going to be doing.
Wink wink, And I don't know the answer to that question.
I still think we need to be investigating anybody in
Congress who's been making deals over the last week.

Speaker 1 (04:29):
I think, regardless of how we go forward. Not the
first person to say this, but I'll posit the idea again,
Why in the world do we let people in Congress
hold any stocks while they're there? I couldn't tell you.
I agree one hundred percent. The idea that the president
of our country wouldn't impact the stock market by the
things he says and does is absurd. So of course

(04:50):
he could be timing the market if he wanted to,
and anybody near him could be timing the market if
they wanted to. Exactly. I think the conversation is juvenile,
But how do we get there? It's the people that
are there that are going to have to vote on
that unless all of the states and their governments come together,
and we I think we have to have like sixty
percent of us get together. That's that's thirty states come

(05:11):
up with like what we want to be, like a
constitutional amendment or whatever for them to hear it. But
that would require the people in our states, thirty of
them to agree on that and put it put it down.
Has there been an amendment like that? I'm not so sure,
so I don't know. It's a good point, though it
doesn't make a lot of sense that we allow people
to be playing around on that as we have made

(05:32):
a habit of. If you want to be a part
of this conversation, I would love to hear from you
and that number four oh two five five eight eleven ten.
Four oh two five five eight eleven ten, because we're
back to not the drawing board, I wouldn't say, but
we're we stalled out. We're stalling out a little bit,
and we lost a little bit of ground, and the

(05:54):
upstream current is kind of preventing us from getting to
our end goal here. But you'd like to chat with
us four h two five five eight eleven ten, and
the number is open on news radio eleven ten KFAB
and the stock market didn't follow up yesterday's record day
with anything positive at least yet.

Speaker 3 (06:14):
I guess there's still time. There's forty minutes left before
it closes. Who we're still somewhere between two and a
half and three and a half percent down, make that
four percent down now on the NASDAC so yeah, there
you go. It's not all of what we gained yesterday,
but it's enough to make you feel like it's not
a great day on the stock market. So what do
you think about it? The phone lines are open as

(06:34):
they always are. Four two five, five, eight eleven ten.
Four oh two five five eight eleven ten, and you'll
never guess you decided to call in. It's our friend Brian. Brian,
thanks for being on the show today. What do you
want to talk about now?

Speaker 5 (06:49):
Oh, good afternoon, Emory. Well, Marjorie Taylor Green bought on
the dip, made some major purchases of some major companies,
and if she didn't sell before the end of the
day yesterday, she lost some money today. And the reason
why things are still going down is because we're still
in the trade war with ten percent tariffs on countries
that don't even terras terrify us, and lying about how

(07:12):
much they terrify us. You know, those reciprocal tariffs aren't
really reciprocal. And they just changed that one hundred and
twenty five percent tariff to one hundred and forty five
percent tariff on China because once they forgot they still
had another tariff to add on to it, and so
the other is going to be higher inflation, lower agricultural prices,

(07:33):
job losses because of people cutting back on their spending,
and this big tax cut they don't pay for themselves.
That'll also add to inflation. So I take it all
personally because I lost thousands of dollars last week, and
may thousands of dollars yesterday, then lost thousands of dollars
again today. And I wish Congress, which has takeaway, is
being able to impose terraffs on his own emergency powers

(07:56):
so the market would soar.

Speaker 1 (07:58):
Do you think?

Speaker 3 (07:59):
What do you think of this Don Bacon Chuck Grassley
effort to try to get Congress to have more of
a say in these dealings moving forward.

Speaker 5 (08:07):
Well, I've been congratulating them online and on my own
thing up that I do, you know, because I don't
just to hold it against people if they're a Republican
or even a conservative. I mean, there's their views on economics,
which I could differ with, but on this, yeah, I
agree with their views on economics. Terriffs if you look
at Smooth Holly Terriff Act and the Tariff of Abominations

(08:28):
one hundred years before that, they promised that they're going
to save jobs and create jobs. Because people can't afford
higher prices, you actually lose jobs.

Speaker 3 (08:38):
Well, I guess we're gonna find out what happens tomorrow, Brian,
And I'm sure if anything changes, you'll give as a call.

Speaker 5 (08:44):
Well, the thing is a ball doesn't go down the
stairs in a straight line, tends to bounce.

Speaker 3 (08:49):
It's a pretty good analogy and he is right on that.
Appreciate the call, Brian, thanks for the call.

Speaker 2 (08:54):
Uh.

Speaker 1 (08:54):
Yeah, yeah.

Speaker 3 (08:55):
He mentioned Marjorie Taylor greenbuying. I did see that people
were reporting that ash she was gobbling out up some
stocks on Monday. Isn't that what you're supposed to do?

Speaker 1 (09:02):
Though?

Speaker 3 (09:03):
If it's allowed strategically are aren't you told that it's
better to buy when it's dipping, like in the dip.

Speaker 1 (09:10):
She does love a good dipped stock, you know.

Speaker 3 (09:13):
No, she loves good dips. Former CrossFit coach, she's she's
got that.

Speaker 1 (09:18):
Is that a fitness move?

Speaker 3 (09:19):
Yeah, it's good, good arm muscles. Yeah, you should try it.
It's it's where you it's where you get like a
bench behind you, yeah, and then you get your you
push yourself up with your hands on the bench and
then you move your butt away from the bench and
then you go down and then push yourself up.

Speaker 1 (09:34):
You know what I like those dips dipped ice cream.
Those dips are good for your triceps. By the way,
dipped ice cream is good for your for your happiness,
and almost nothing else. Can you point to me what
your tricep is on your on your on your arm,
then my tricep? Yeah, I could be funny and pretend
like I don't know. Oh do you not know what?
Or do you actually know? On this day today, considering

(09:54):
how right I was yesterday, mattster Domis will point to
his tricep. All right, you know where your tricep is? Congratulations? Yeah, no,
I know where my tryceep is. Well you might, you might,
you might want to start using it, oh or something.
I knew what a dip was too, by the way.
Oh okay, well that's good. Uh yeah, so so so Marjorie.
Unless if she sold yesterday, If she sold yesterday or

(10:17):
early this morning, then my eyeballs are open.

Speaker 3 (10:19):
We need we need to look into it. If she
didn't sell, it's just like, well, this is what people do.
They buy when the stocks are really low. If you're
a good investor. I think if you're around the right people,
they'll tell you that's the thing you should be doing.
Not then I'm telling you to do that though, because
Matt and I are not financial advisors, we do not
give you advice, and anything that we're talking about here,

(10:40):
do not interpret it as advice.

Speaker 1 (10:43):
Don't do it.

Speaker 3 (10:43):
Everything you do is on you, pal. So there's your
disclaimer anyway. Our disclaimer's great, no, and it's sad that
you need one. I mean, Firefest too old. Billy McFarlane,
his disclaimer's like eight hundred words long, just to let
you know that, Hey, if the event that certainly not
happening gets canceled and you paid me money for it,

(11:05):
no refunds?

Speaker 1 (11:06):
Is his name really? Does he really go by Billy?
He does? See There you go. That's all you need
to know. Don't give Billy a couple million dollars and
have him promise you a good time. There's nothing good
about that, Billy.

Speaker 3 (11:16):
His real name is William Zervakos McFarland. I don't know
where the Zervakos comes from, but alas uh oh, that's
his mom's maiden name. Why would they Why would that
be listed was like his middle name. It's weird anyway, Yeah,
and he looks weird. Is he insane?

Speaker 1 (11:32):
Maybe? But don't give him money? What are you doing?
Don't give crazy Billy money?

Speaker 3 (11:36):
And Billy the Kid went by Billy, Billy Madison went
by Billy, right, it's but it's kind of childish, Billy
the Kid, Billy Madison.

Speaker 1 (11:44):
You're prove of my point? What are you giving Billy millions.

Speaker 3 (11:47):
Of dollars for Billy famous Billie Eilish? Yeah, that's I
don't count that because she goes by b I L
L I E. Billy Joel, Billy Crystal, I mean Billy
Ray Cyrus. Okay, yeah, now that one doesn't quite work
the same.

Speaker 1 (12:04):
A bunch of children is what you're just doing right now.
Billy Graham, Billy Graham child?

Speaker 4 (12:10):
No?

Speaker 1 (12:10):
Who is Billy Graham the evangelist, the guy who made
all that money by being a televangelist or was that
the original guy?

Speaker 6 (12:18):
Yes?

Speaker 3 (12:19):
Yes, he lived to be like one hundred years old.
What are you talking about? I figured you would know
of anyone. What about Billy Mays the oxy clean guy?
Oh you're proving my point? What yelling at you all
the time?

Speaker 1 (12:33):
Yeah, he was a great salesman. And how did he die?
I don't want to say, I don't I don't want
to say his heart couldn't take anymore? Did he take
any more?

Speaker 7 (12:42):
What?

Speaker 1 (12:42):
Matt you know? I might know, but the people may
not know. He was selling and buying powder.

Speaker 3 (12:52):
It shouldn't be funny. Billy's dame. He plays the bad
guy in Titanic. He plays Cal in Titanic. Remember it's
the guy that Rose's mom wants Hurt to marry and
they're engaged to be married until that lunatic Jack Dawson
shows up and ruins everything.

Speaker 1 (13:09):
Yeah, you don't marry a billy. He's not serious. His
name's Cal in the movie. How can you take a
billy serious? Yeah?

Speaker 3 (13:16):
Bill, Billy Zaane and Billy Squire excellent rock musician from
the eighties. Billy Squire, I've completely put bullet holes like
Billy the Kid all over your can't don't You can't
give a billy a bunch of money. Billy Joel has
enough money to like bathe in it. So yeah, but
would you would you go to him for financial advice?

(13:37):
Would you go to him if he was going to say,
give me millions?

Speaker 1 (13:39):
Of dollars. McFarland isn't asking telling you financial advice. Billy
McFarland is telling you to give him money. It's not advice.
He's just trying to swindle you. All right, here you
go two twenty eight.

Speaker 3 (13:50):
If you've got thoughts on what's the markets are doing
today or what they're not doing more like, you can
call us at four oh two five five eight eleven
ten four roh two five five eight to eleven ten
you're sitting to news radio eleven to ten Kfab and
Marie Sunger.

Speaker 1 (14:04):
That's just business. No, but they always got to have
some clever thing about the flavor.

Speaker 3 (14:08):
Yeah, in the trademark it so nobody else can call
their flavor that.

Speaker 1 (14:12):
So they trademarked the name of the flavor instead of
just calling it cherry.

Speaker 3 (14:16):
Yeah, because they want to trademark the name of the flavor.
So when you say the flavor, you know what you're
talking about?

Speaker 1 (14:23):
This business. This is business, one on one. No, this
is stupidity one on one. The polo shirt you're wearing
right now, you could trademark that. Look, the glasses, the
go tee thing you got going on here, Yeah, it
is poor, pathetic disheveled Gilbert Junior, not Gilbert Dilbert. I
was gonna say, come on, you're so close. I almost
had it. I didn't land the plane. Yeah you need

(14:44):
to tie, though. That was like the first thing you
told me, by the way, you said, you know you
look like Dilbert. I didn't say that, Oh you did,
because I never forgot it. Oh, kel wasn't me. That
was I don't know, Rudgs. What are you talking? It
was Ian Swanson? I bet yeah, yeah, sure it was.
You don't wear a tie. There's no way for me
to know what that looks like. If I it would curl,
you know it would. Yeah, I don't think it would.
My printer never works.

Speaker 3 (15:04):
Other famous Billies, Tom says Billy Martin, remember that, Remember
Billy Martin?

Speaker 1 (15:09):
No, Ricky Martin. Billy Martin. I don't know who that is.

Speaker 3 (15:12):
Baseball player and manager. Okay, he got fired and rehired
by the Yankes like four times.

Speaker 1 (15:18):
Why do you do that? I don't know.

Speaker 3 (15:19):
They won some World series though. Billy Martin also has
his number retired by the Yanks. Guess what number? Pop
quiz ready, come on.

Speaker 1 (15:26):
Ninety four? Number one? Okay, there we are So whenever
you wonder why no one can wear the number one
playing for the Yankees, is because Billy Martin, another famous
Billy from Ben says Billy Bob Thornton. That counts no,
but it counts on my side. No, he's not a
serious person. He dated his cousin. What yeah, when did
that happen? Not too long ago? His cousin is also

(15:48):
very famous. What she also is divorced from Brad Pitt
Angelina Joe Lee. Aren't they cousins?

Speaker 3 (15:54):
Is something you think Angelina Joe Lee and Billy Bob
Thornton here cousins?

Speaker 1 (15:58):
Look into it? I don't know. I don't have I
don't have time to confirm my facts.

Speaker 3 (16:02):
Our Angelina Jolie and Billy Bob Thornton related.

Speaker 1 (16:08):
Of course, Billy Bob Thornton dated his cousin. Like you
walked right into it, dude.

Speaker 3 (16:13):
Billy Bob Thornton and Angelina Jolie were married from two
thousand to two thousand and three. The relationship ended in divorce.
They are not related by blood or family ties. Take
it back, I have it right here.

Speaker 1 (16:26):
So you're telling me that Esquire I read on my
way out was incorrect. Yes, that was rude. It was
why would they just put fake stuff on that magazine?
Who would do such a thing?

Speaker 3 (16:38):
Probably everyone, I would guess. Have you ever heard of
yellow journalism? That's what that's what that looks like. Oh
yeah that was what was that? That was popularized in
the late eighteen hundreds.

Speaker 1 (16:47):
Is that right? Uh? Yeah, yeah, didn't kind of stem
out of the Spanish American War. I don't know.

Speaker 3 (16:53):
Now, you're just making stuff up, and yellow journalism is
like stuff that's so outland as you probably know it's incorrect,
but you still read it for the entertainment.

Speaker 1 (17:02):
You know.

Speaker 3 (17:03):
When I was a freshman in high school, I was
given a assignment. I had to come up with a
yellow journalism article, and I came up with the idea
that a penguin had infiltrated the plans of the nineteen
thirty two NFL Championship game between the Chicago Bears and
the Portsmouth Spartans and conjured up a snowstorm in Chicago,

(17:23):
so they had to move it inside to the Chicago Stadium,
thus changing football history forever. And it's an outrageous story,
makes absolutely no sense. And I got an a on
it that's yellow journalism.

Speaker 1 (17:35):
By the way, I get an a because it did
come from the Spanish American War of eighteen ninety eight.
How you see here. Historians have debated whether yellow journalism
played a large role in inflaming public opinion about Spain's
atrocities in Cuba at the time and perhaps push and
perhaps pushing the United States into the Spanish American War
of eighteen ninety eight. Most historians say it did not

(17:56):
do so. Oh so more yellow journalism. I was tricked
by that too. Who this is ridiculous. So what you're
saying is you're going to go to Firefest two?

Speaker 3 (18:07):
Is that? Is that what we're talking about? I would
love to for the right price. I don't think it's happening.
I don't think it's happening now, Billy McFarland. And this
is just to finish this conversation here, the Firefest two,
they have officially found their permit. Did you you want
to know what their permit says?

Speaker 1 (18:25):
What they looking for? Because the city said, no, you
never filed the right paperwork or something.

Speaker 3 (18:30):
Yeah, well they said that, but they also said that
it's like the Playodel Carmen is like we we don't
even know of this, like, we don't even know what
he's talking about. And apparently the permit that they actually
have on record allows for a twelve hour listening party
for a maximum of two hundred and fifty people.

Speaker 1 (18:52):
It's so it's going to end up being a listening
party for no more than two hundred and fifty people.
So this thing's a big scam or a big prank.

Speaker 3 (19:00):
I was also reading somewhere that there's like a psychologist
that was interviewed by some English magazine that said, the
guy is insane, Bill, we need to get him some
help because he's clinically insane.

Speaker 1 (19:13):
I don't think a psychologist would put it that way.

Speaker 3 (19:15):
He did, well, maybe not insane, he said. He said
he's mentally and emotionally ill. That's what the words were.

Speaker 1 (19:23):
Maybe.

Speaker 3 (19:24):
I still think maybe we're just getting pranked by this guy.
I think this whole thing is a prank. It's a
prank to see who's stupid enough to give him money again.

Speaker 1 (19:32):
I hope he does it, and I hope the grand
reveal is Andy Kaufman was alive the whole time. If
that could be the way this saga ends, I don't
think that's how it's gonna end, would be my guess.

Speaker 3 (19:45):
Yeah, so it's supposed to happen May thirty first, by
the way, so we're gonna learn or May thirtieth, one
of those two and we'll see sooner rather than later.
Can we put together a few fourteen hundred dollars for
you to go do this just to check it out
and see what happens to you?

Speaker 1 (19:59):
That seems like the right movie? You just want to
you're the legality of literally asking the kfab audience to
give me money. Should we do a kickstarter? What should
we do?

Speaker 2 (20:07):
Well?

Speaker 3 (20:07):
Yeah, if you did a kickstart, it doesn't matter. Well,
I want to be a kickstarter, to be like a GoFundMe. Probably, yeah,
And you're just like, we are curious as to what
will happen if we send Matt Case to Pladel Carmen
and he buys a ticket to this event.

Speaker 1 (20:21):
And I don't think that.

Speaker 3 (20:23):
I don't think the flights count in the fourteen hundred,
So I think we need to get you like more
like twenty five hundred so you can get down there,
but we're gonna have to get you back at some point.
So like, I don't know, I don't know if I
don't know if Pladel Carmen has like police escorts for
the people that were stupid enough to go to this thing,
but I kind of want to see.

Speaker 1 (20:42):
I want to kind of see what what happens. Can
I make a sales pitch for why they should contribute
to a hypothetical go fund me to get me down there? Now,
think of it this way. You're going to give me
a trip to Mexico, to a place I've never been
out of the country. You know this is going to
go poorly, people, and I will document as much as
I possibly can.

Speaker 3 (21:00):
You're terrible on social media too, so it's just going
to be an overall, like horrific.

Speaker 1 (21:04):
My son's going to be over the camera. It's probably
gonna be a weird angle. I'm not I'm going to
forget that I was wearing the wrong pants or something.
I don't do you have a passport. We might be
a little late to get your passport before then, you
know what, it might be expired. How long do they last?
I think ten years?

Speaker 3 (21:20):
Oh well, we might be good. We might be okay,
check check into that. Yeah, tickets are still available, but
be prepared for a twelve hour time span of listening
of a listening party.

Speaker 1 (21:31):
We can definitely get me down there without a passport.
That's not true. I wouldn't try that. I wouldn't try
that in these conditions. There's a King of the Hill
episode all about it. Is that, right? Yeah? Okay, well
that's interesting.

Speaker 3 (21:43):
Uh yeah, okay it is uh or two forty eight.
If you have any thoughts on famous billies, email them
to me Emory at kfab dot com. Terry says, miss
the greatest all time Billy Billy Goat.

Speaker 1 (21:57):
I feel like that proves my point, and then Terry says,
love you bye, okay, love you too. Well.

Speaker 3 (22:03):
You can also call us four h two, five, five,
eight to eleven ten as we twist and we turn
through all of the action on the stock market. We'll
have the clothes on that at the top of the
hour and let you know what's going on there on
news radio eleven ten KFAB And I guess my big
thing here is calendar wise, are what's one thing that

(22:24):
the calendar controls that you would like to change?

Speaker 1 (22:26):
I have an answer to your question, but then the
way you said it there at the last I feel
like I'm gonna answer it incorrectly. We'll just answer. The
one thing that I could change to the calendar. I'd
get rid of Tuesday completely, so it's a six day week.
I'd move Friday into the weekend, so then we'd have
three days of work three three days of weekend, and
it'd be split in half. I feel like mental health

(22:47):
would be better. I'd be less tired. I think this
is a win all the way around. People would be saying, oh,
the days would be all messed up.

Speaker 2 (22:54):
Yeah.

Speaker 1 (22:54):
Whatever. We get used to daylight savings time every year,
so we'd get used to this.

Speaker 3 (22:59):
There's a million is wrong with what your idea is,
but I'm going to allow you to have the right
to have your idea.

Speaker 1 (23:04):
We'd call it get rid of this Gregorian calendar. I
don't know who greg is, but I don't think he's
worth it. We'll call it the Matt Casey and calendar.
It'll change lives.

Speaker 3 (23:12):
Yeah, for the worst, probably aren't. The lunar stuff in
the weeks and the seasons would all get messed up.
You'd have to find a place for those extra days
that you're just losing. I feel like I feel like
you're out of whack on this, but I appreciate the ingenuity.
All right, dayla saving Someone's exactly what I was talking about?
Daylight saving time. Apparently Ted Cruz along with Democratic where

(23:39):
did your name go? Senator Lisa Blunt Rochester? What a
name that is? She's in Delaware, they are working together
to end daylight saving time for good forever.

Speaker 1 (23:52):
The uh.

Speaker 3 (23:53):
They say that there are health concerns and they spoke
with a neurology physician. The health concerns associated with changing
the time twice a year, health concerns with leaving daylight
saving time permanent. And apparently this bill between everyone is
to They think it makes way more sense for health
purposes to eliminated like saving time altogether, and it would

(24:16):
just go to standard time. And I am calling blasphemy
and I am going to march to the capital.

Speaker 1 (24:22):
This is the thing. I'll protest this thing. This is
the thing. Why do you hate it so much?

Speaker 3 (24:26):
I want my afternoons in my evenings now. The National
Golf Course Owners Association had the opportunity to send an
official to a panel, and he spoke to how much
revenue golf courses lose because you're taking an hour away
from evening tea times. This is what I'm saying, if
we say, on the same schedule and you take away

(24:48):
that extra hour of sunlight in the evening, you are
taking away a ton of stuff from people, a ton
of stuff. I would rather keep going back and forth
and have daylight saving time, stay in the summer and
deal with whatever the health risks are, and get that
extra hour to like do stuff outside way more than

(25:11):
I need that extra hour in the morning. And I
don't care what anybody says out there. A lot of
the people, like the farmers and all that stuff, you
do it by sunlight anyway, whether there's an hour earlier
or later or whatever on the clock.

Speaker 1 (25:24):
It's not gonna affect your day that much. That's a
good point. But for me and for the stiffs like
us that have to go out there and our hours
go until five, six, seven o'clock at night, you're losing
all your daylight now.

Speaker 3 (25:37):
And I will I will march for this. So so
who wants to who's with me? Who's gonna protest? That's
what I want to say. Better not do this, idiots.
When we find out you know what we're gonna do,
we'll tell you that's that's what we'll do. That's the
best that we can do at this point. Matt Case
is with me and Matt think the one thing that

(26:00):
many people are gonna be interested in hearing about is
the close of the stock market.

Speaker 1 (26:05):
And this is not a great one. Yeah, it wasn't
it wasn't perfect. They didn't really stick the landing.

Speaker 3 (26:11):
But after after yesterday's record gains, we have backtracked quite.

Speaker 1 (26:18):
A bit, quite a bit. The Doubt tumbles a little
over one thousand points, just slightly over one thousand points.
It went down exactly minus two point five percent. It
did get below forty thousand, at thirty nine thousand, five
hundred and ninety six for the finish, losing one thy
fourteen point eight points. Along the way, S and P

(26:40):
fIF sm P five hundred was down almost one hundred
and eighty nine points, that's minus three point four to
six percent, finishing off at five six hundred, five thousand,
two hundred and sixty eight. The Nasdaq was down minus
seven to thirty seven point six and that's a minus
four point three to one percent finish. That's not good

(27:02):
finishing off a sixteen three hundred and eighty seven, and
the Russell two K was down minus four point five
to three percent.

Speaker 3 (27:10):
So based on based on the numbers that we saw yesterday,
this didn't wipe them all out, but we lost about
a third of the Dow jones and did the gain
from yesterday? I mean, yeah, let me let me refresh
the page here just a second. Yeah, it was about
a third. It recovered a bit. It was down minus
like fourteen hundred at one point. Yeah, but it finished
minus oneenty and fourteen, like you mentioned, So it could

(27:33):
have been worse. I mean, it really could have been.
But uh, what do we make of this? Every single day?
Every single day I sit here as a I read
and I listen, and I still cannot figure out what's next. Now,
you you kind of said, don't get too hyped about yesterday,

(27:55):
and fair play.

Speaker 1 (27:57):
To you, Yeah I did. I wasn't trying to put
too much cold water on yesterday's celebration. But this is
the stock market. Volatility is up and it continues to
be up. And when you when you think of that
word volatile, it could mean ups and downs. It's unpredictable.

Speaker 3 (28:11):
People are buying and selling with fear. It's extreme fear.
People just there's so much uncertainty. But I was talking
to a guest on My morning show, and it was
kind of a profound statement. It's not the president that
controls the market. It's not even businesses that control the market.
It's just us.

Speaker 1 (28:28):
It's people. Right, Volatility was up twenty percent the game
Remember the game stop stock thing that happened.

Speaker 3 (28:36):
Oh yeah, wasn't that crazy? They made a movie about it?

Speaker 1 (28:39):
Oh they did? Yeah?

Speaker 3 (28:41):
Yeah, I mean I was quick. Game Stop Stock movie?

Speaker 1 (28:46):
Is that the Minecraft movie?

Speaker 3 (28:48):
No, but that's doing well too. Dumb money, dumb money,
Dumb money is the name of the movie.

Speaker 1 (28:54):
How'd that work out for them? Long term?

Speaker 4 (28:56):
Though?

Speaker 1 (28:56):
Is Game Stop still going strong? I've never I haven't
been in a game stop and so long, but I've
kind of aged out of that bracket. But I don't
feel like long term that was a good play that
that's the business that all of these neck bearded you know,
redditors wanted to go all in on. It's been in
their mom's savings.

Speaker 3 (29:12):
Well, but it told you how if you put together
enough of an effort, you could really rig the whole system.
You really could. And this is like still while COVID
is going on this movie, by the way, Dumb Money,
starring Paul Dano, Okay, Pete Davidson, America Ferrera, Nick Offerman, Interesting,

(29:34):
Shalen Woodley, Seth Rogan, Vincent, Dono Frio, and Sebastian stan
and Zendaiya.

Speaker 1 (29:41):
No, no, didn't. Didn't work her into that one. She
missed the cut.

Speaker 3 (29:44):
And yeah, it flopped bombed twenty million dollars in box office.
Maybe that's not a bomb. I think it was out onto.
I think it was just Netflix. It was released on
Netflix something like that.

Speaker 1 (29:55):
I don't know.

Speaker 3 (29:56):
But on Tomatoes liked it. So for whatever it's worth.

Speaker 1 (29:58):
Why are the kids losing their mind watching this Minecraft movie?
I keep seeing all these videos of a bunch of
people just going wild watching this thing.

Speaker 3 (30:06):
I have no idea. The chicken jockey thing is the
meme that's coming out of it. I don't know what
that means. I've never played Minecraft.

Speaker 1 (30:12):
I don't know. I'm seeing a video of some kids
who brought a chicken into the theater, A live chicken,
A live chicken. Yeah, I see this. I don't get it.

Speaker 3 (30:20):
And there's a lot of people that are saying, yeah,
you know, a lot of theaters are just kind of
protecting themselves because the kids are like filming the screen
while they're in there, and like when that moment happens,
everybody goes crazy.

Speaker 1 (30:32):
I don't know.

Speaker 3 (30:32):
This is the gen Z moment that like we'll just
never understand. It's like they were warning people don't be
singing at the lot, like at the top of your
lungs when you're in the Wicked Show because people want
to watch the movie. You know, yes, you know the songs.
You don't have to sing along. That's not what this is.
This is the same thing. It's just like we.

Speaker 1 (30:49):
Get that there's a meme going on.

Speaker 3 (30:51):
Don't be throwing soda in popcorn on top of each other,
and don't be going absolutely insane because Jack Black says
Chicken Jockey don't Yeah, it's crazy. I don't know anyway.
Stock market bottom line for the day not good. We
lost about a third of what we gained on the
dal Jones and from yesterday, and I guess we'll just

(31:11):
have to we'll have to go fourth. Well, Matt sterdmis,
what do you think tomorrow? Are we gonna retrack? Is
Donald Trump gonna say something that's gonna allow us to
do something? We're gonna get some of these deals ink
to paper it feels a little soon for that. We
had this big, beautiful spending bill that was voted on
by the House and passed today that eliminates a hurdle

(31:35):
for getting this agenda done. You would think that'd be
good for money. Tax cuts are involved in there.

Speaker 1 (31:40):
Best thing that could happen would be everything just cools
down a little bit. It doesn't fall down, it doesn't
go up too much. That's what honestly, that's what I think.
You know, you don't want it to be going back
and forth. I think overreactions create more overreactions. And so
the big swing of yesterday today, maybe it was a
little much, you know, so, but we haven't totally bottomed

(32:02):
out today. So maybe tomorrow, hopefully tomorrow, let's say we're
down just a smidge, maybe it's mixed. Maybe the S
and P's up a little, Maybe the Nasdaq is down
a little, Maybe the Dow Jones is down just a
little as well, but not much. And the Russell two K,
those short kings out there, the small stocks, they have
a pretty good day. Maybe they're up zero point two

(32:22):
six percent. Well, you're wanting to see a plateau here, Yeah,
I'd like for things tomorrow Tomorrow's Friday. You know, I
think we're gonna have a Friday feeling about the whole thing.
I think maybe even there'll be some news that comes
out that makes people, you know, feel a little bit
better going into the weekend. That's my hopeful thought.

Speaker 3 (32:39):
So you're more optimistic at going into tomorrow than you
were going into today.

Speaker 1 (32:42):
Yeah, because I thought there was going to be, you know,
another overreaction today and yesterday, and there was and there
wasn't crazy. It's just two and a half percent down.
It's not crazy compared to other days in the life.
A half percent is a bad day, but those days
happen sometimes. I've been sitting in this chair the last
couple of years when they've had a like this and
it wasn't a good day, but it wasn't the end

(33:02):
of the world kind of day. It wasn't like seven
or eight percent lost in a single day kind of situation. Yeah,
I suppose.

Speaker 3 (33:08):
I guess my bigger question at this stage is going
to be what is it going to that Trump is
going to say or not say that's going to drive
this because that's all that's happening. So it's things that
he's saying or things that he's in acting or executive
order that he's doing that's directly changing what people are
doing on the market. And it's crazy. It's crazy how

(33:30):
much his I mean, he's the president. Obviously he's going
to be affecting the market. But I just I wonder
what the but he's not. I just wonder like, can
we resolve that somehow? Can we just not get so
reactive to what Donald Trump is saying or doing? Or
is that just like how things are now? It's like, oh,
well he said this, we better sell. Oh he said

(33:51):
that we better buy. This just seems like a too
volatile of a world for me. And I couldn't imagine
if I'm like sixty five years old and I was
counting down the months to retirement. This is going on
while I'm trying to manage my four oh one k
at the very end here right, I'm sure you're not
getting too aggressive out there, but.

Speaker 1 (34:08):
And hopefully what you have for a portfolio has plenty
of bonds.

Speaker 3 (34:12):
In them that would be a that'd be a nice
safety net for you. Three seventeen phones are open if
you got thoughts on this today, because I know we've
talked about this a lot, and I know that you know.
I'm tariffed out, you are tariffed out. We're all kind
of tariffed out. And now we're not talking tariffs as
much as we're talking to stock marketing, the stock market
reaction to the tariffs and the tariff pause and yeah, yeah,

(34:36):
I I don't know.

Speaker 1 (34:38):
It's tough.

Speaker 3 (34:39):
And we'll keep you posted on anything we learn about
this helicopter crash and whatever that's going on down there.
But if you want to call in four roh two
five five eight eleven ten. Four H two five five
eight to eleven ten, there was a lot going on on.

Speaker 1 (34:51):
News radio eleven ten Kfab and raised Oner Tariff Talk
twenty twenty five. Phone lines are open. Four roh two
five five eight to eleven ten. Chuck is on the line.
Welcome in, Chuck. What's on your mind?

Speaker 2 (35:02):
Well, I just want to talk about the terroriffs. I
think most people are misconstruing his motivations behind the terroriffs.
He's really just interested in showing his power. He's showing
the world he's the most powerful man in the world.
He's showing the American people that he can take your
assets away or he can give them any time he

(35:24):
wants this is what ends do.

Speaker 3 (35:28):
You're cutting in and out of it. Check, but I
think I'm picking up you're basically saying. Trump is basically
just trying to flex on everybody.

Speaker 1 (35:33):
Right here. Is what he's saying, is what you're saying.

Speaker 2 (35:35):
He wants to show you and I that he's the boss.
He can take away your money today, he can take
it away and give it back tomorrow.

Speaker 1 (35:43):
Yeah. Interesting.

Speaker 2 (35:44):
He's telling private businesses who they can hire, is using
this term dei, and you can't hire people the way
you think you should be able. So we have what's
called the First Amendment in this country about that. He
wants to show his power to people that have offended
him in different times. And we all think, oh, well,

(36:06):
he's just going to go after people that he thinks
he's offended. But the next person could be you. If
you say the wrong thing on the radio station, they
come to you and say, kfab, you can't be talking
about that, or we're going to investigate your taxes.

Speaker 1 (36:25):
You think they're going to actually do that, Chuck.

Speaker 2 (36:28):
Yes, it's very easy for you to say, well, those
people of color that are being sent that happen to
be citizens that are being sent to El Salvador. They
don't look like me. So I'm not really worried you didn't.

Speaker 3 (36:41):
You didn't call in about the stock market as much
as you wanted to call in about Trump though, Chuck, right,
I mean.

Speaker 2 (36:46):
I'm talking about power.

Speaker 1 (36:48):
Yeah, okay, power.

Speaker 2 (36:50):
That's what's behind. It has nothing to do with the economy.
It's all about accumulating more and more power, our corrupts.

Speaker 6 (36:59):
Yeah.

Speaker 2 (37:00):
He doesn't care about the Constitution, he doesn't care about
the first. He cares about himself, and he cares doing
the world. He is, so he I mean, I presume
we're not going any election. He'll probably declare martial war,
martial law, I mean, and you'll say it's an emergency.
He's always used, already used emergency clauses in different statues

(37:21):
that we have to do things that are very unusual,
and they'll say it's martial law. We're not collection the
mid terms. Well, when it comes along.

Speaker 3 (37:29):
To the Chuck, Chuck, Chuck, you're breaking, Chuck, you're breaking
in and out. But I'm hearing most of what you're saying.
What if we do have an election next year, would
you would you then be like, okay, well, maybe I was.

Speaker 1 (37:41):
Wrong about this, wrong about what about.

Speaker 3 (37:44):
About Trump wielding the power the way that you say
he is. You say he's violating the Constitution and everything.
The guy wanted duly legal election, a legitimate election. Just
you know, I don't know six months ago, so I
don't know.

Speaker 2 (38:00):
They were entertained. I mean they were entertained by his
by his lies. People find him very entertaining. It's amazing.
They know he's lying to them, but they still enjoy
it because it's kind of fun. It's kind of entertaining,
and that's kind of the business you guys are in.

Speaker 1 (38:16):
Well, I'm definitely in the business of entertainment, but I
definitely don't want to lie to people to do that,
so I'll take it under advisement Chuck, And I'm happy
that you called in to let your concerns off of
your chest, and we're happy to hear that for you today.

Speaker 3 (38:29):
Thanks for listening. Yeah, yeah, Bill is on a phone
line four two five five, eight eleven ten. Bill, what
do you got on your mind today?

Speaker 6 (38:39):
Well, I just gotta I just listened to Chuck and
I you know what, I got to disagree with them.
I mean, Trump has been the most transparent president we've
ever had. Obviously, I'm pro Trump. And you know what,
if the Democrats and the press was it treating him
the way he was, it make get him jump through

(39:00):
all these hoops. He wouldn't have to think outside the
box so much. And the other thing I'd like to
comment on that was brought up a little bit earlier,
as far as these commerce people being able to buy
socks and stuff on the to the uh in the
market that that is just what baffles me is people

(39:23):
know it's been going on and it continues to go on,
and Pelos did it. And Uh, I'm waiting for somebody
to hold somebody accountable because until we do, it's just
gonna continue.

Speaker 1 (39:35):
Yeah.

Speaker 6 (39:36):
Well but anyway.

Speaker 2 (39:39):
Yes, thought, I hear you.

Speaker 1 (39:40):
Bill.

Speaker 3 (39:40):
I appreciate you calling in. Thanks for listening today. Uh, Frank, Yeah,
no problem. There there's there's we can do a ton
of analysis. And Chuck obviously doesn't like Trump, and Bill said,
you know he likes Trump. If you like him, you're
probably gonna give him more of a benefit of the dollar.
You dislike him, you're gonna get You're gonna give no
benefit of the doubt anything that he does. It's different
anything that he does that is a little bit wacky.

(40:03):
You're gonna really say, well, look, you voted for this.
This is the guy that you've voted for. He's he's
a lunatic out there and nobody knows what he's willing
to do because he just wants to show everybody how
much power he has. I agree with Bill that he's
been really, really transparent, but I also think that we wouldn't.
We feel like he's not doing this with like there

(40:25):
may not be a huge plan that we are privy
to about what he thinks is going to happen when
these tariff negotiations continue. But as far as what they're
doing now, at least the basis of what the plant is,
we know this wasn't done just kind of lackadaisically, is
what I'm saying. But anyway, we'll entertain more thoughts on
this if you'd like to call in four ROH two

(40:46):
five five eight eleven ten. Is the number four H
two five five eight eleven ten. You're listening to news
radio eleven ten kfab and were you songer talking about
the stock market? And I got my eyes. I have
video here this this helicopter crash that has happened in
New York City area. They say, now there's reports that
there are some deaths that they can already confirm. This

(41:07):
thing crashed like an hour ago. So but I did
see a video on social media talking about this, and
they actually got a video it was flying very erratically
before it crashed.

Speaker 1 (41:18):
I don't know details.

Speaker 3 (41:19):
They don't know details, but we'll give you the best
that we can when more comes out. But either way,
that's on our radar, just like the stock markets are
on our radar. And the tariffs and talking about tariffs
and the tariff pause and all this jazz. So we're
talking to you. Phone lines open four two five five
eight eleven ten. Four h two five five eight eleven ten.
Let's go to Dave on our phone line. Dave, welcome in.

(41:41):
What's going on?

Speaker 4 (41:42):
Hey, I got something interesting. I work at the post office,
been there forty years plus. And if it has been
an unknown economic indicator, when the volume dips and comes
back up, even tell when things are happening. And we've
been working twelve hour days, seven days a week, all
three shifts, and couldn't even get the packages close to
getting done. And within the last two weeks and in

(42:04):
the last two days it dried up like how bad
no overtime go home on time?

Speaker 3 (42:11):
Interesting? You think that's directly related to the tariffs.

Speaker 4 (42:14):
Yeah, I do. Or you know, people starting to get
spooked about well, I don't think I'm going to buy this.

Speaker 3 (42:21):
Well, hey, Dave, can you do me a favor, like
in a couple more weeks when we have a bit
more sample sized after the pause on the tariffs, the
reciprocal tariffs, could you call us back and let us
know what the update is and if things are back
to normal or if you're still seeing it being a
lot more empty than usual.

Speaker 4 (42:36):
Yeah, I could do that. Also, I would say, you
know ups DHL FedEx. You know their planes are coming
in a lot. They're not as fool either.

Speaker 3 (42:45):
Okay, interesting, Well, I appreciate it, Dave. It's good information
to know. Thanks for your expertise today, all right, by Yeah, Yeah,
Oddly enough, I got a package one of these slips
because nobody was there to answer the door today and
take my package that somebody was trying to send me.
And by the way, this is just a personal note.
The QR code thing, it won't it won't accept my

(43:07):
tracking number for my package, like you're supposed to reschedule
the delivery. So there's a QR code on the slip,
and you like tell them where to redeliver it. It's
got to be the same place. They figure out what
the availability is to redeliver it to you, and you
just have to confirm the tracking number to figure that out.

Speaker 1 (43:24):
And it won't take my tracking number. It won't.

Speaker 3 (43:26):
It won't take it. I've tried four different ways. So
I guess I'm just gonna have to drive to the
post post office and pick up my package. So they
at least have one package over there, right, they got
the one.

Speaker 1 (43:35):
It's probably collecting dust. They're probably playing soccer with it.

Speaker 3 (43:39):
No, I don't think that's what's going on. I think
you made that up. But uh, yeah, I don't know.
I don't know. To me, I feel like we take
for granted sometimes what they take for granted sometimes some
of the things that give us a good indication of
what the economy is up to. You buy stuff online
or are you a little bit more of a.

Speaker 1 (44:01):
Yeah, yeah, I guess I have to use another example
of why I'm weird. I don't. I really don't. I
very rarely buy stuff online. I really maybe I'm a
tactile person. I don't know. I like to be able
to actually go in and hold the product. I really
hold the product. I really don't like buying things online.

Speaker 3 (44:18):
That's right, Like you need to hold the toilet paper
before you buy it.

Speaker 1 (44:21):
Yeah, I like to test it out, test it out,
test it out. That's not legal. You can't do that.
It's worked for me so far.

Speaker 3 (44:27):
I once talked to somebody who said, I don't decide
what the odorant I get until I pull that little
thing out of there so I can get a good sniff.

Speaker 1 (44:35):
One hundred percent.

Speaker 3 (44:36):
That's not how it's supposed to work. I am supposed
to keep that sealed for the next person for You're
supposed to keep it sealed, and you're supposed to smell
over the top of the plastic.

Speaker 1 (44:44):
I agree with that. I keep the seal. I wouldn't
disturb the seal because the idea that someone would disturb
the seal and I'd get the one that had the
seal disturbed and somebody's nose was in my de owner.

Speaker 3 (44:54):
Yeah, or the chapstick that's been unlooked already, like somebody
like unhooked it. It's like, why is this unhooked. Why
is this not? Like, like, why is this not? Why
is the perforation not no longer intact?

Speaker 4 (45:06):
Right?

Speaker 1 (45:07):
I don't know. We do.

Speaker 3 (45:09):
We do a fair amount of online shopping, you know,
online food we get. We get meat delivered to our
house monthly. We have dog food delivered to our house
for a couple of weeks. We have my wife just
gets an assortment of things. She really likes it. I
can't buy clothes online. I gotta try them on. I'm
also really I need to see what I look like
in them before I go through all the all the

(45:31):
procedures to well, I'm gonna buy this, and then it's
gonna come and then I'm not gonna like it, and
then I want to send it back. Like that's just
way too much work for me.

Speaker 1 (45:39):
I don't like that. Yeah, I'm surprised though, And maybe
it's out there with AI. Wouldn't you think the technology
exists to get a three sixty photo of yourself, have
an AI representation of your exact body shape, and then
be able to try clothes on digitally. I would never
do that because I want to actually physically hold the product.
And there's so many other things about it other than

(45:59):
what it looks like on you, how it feels and
all that stuff. But I would think that technology, if
it doesn't exist, should soon. Is that right? I think?

Speaker 4 (46:07):
So?

Speaker 1 (46:07):
Am I crazy to think so? Says the guy who's
so anti AI? Right?

Speaker 3 (46:12):
I mean you can kind of see what it looks like,
but you don't know how it feels. You don't know
how it feels on you. And that's a big thing
for me. I want to know if I'm spending forty
five dollars on a shirt, I want it to feel
good and look good, and I'm not going to really
know until I got it on me.

Speaker 1 (46:27):
The last time I bought I bought some body wash
yeah online, yeah, everything in the description. I thought, Man,
I'm gonna smell like I don't know who smells good,
but you know Burt Reynolds. Okay. I thought I was
gonna smell rough turd Ferguson ten right exactly. I thought,
I if people are gonna be calling me turd ferguson
all over the place, and I was proud of that fact.
But no, you know what I smelled like. It was

(46:49):
like a bowling alley. It was the weirdest thing.

Speaker 3 (46:51):
I like the smell of a bowling alley. But I
bowled for years. This is a welcoming smell to me.
But do you want to smell like that as you go.

Speaker 1 (47:00):
Bowling lane?

Speaker 3 (47:01):
Oil and the spray they put in the shoes. Yep, yeah,
that's the good stuff. And resin powder, resin that people
use for their hands. Maybe they ought to make a
candle bowling alley scent. Oh yeah, I don't think my
wife would like that as much. Oh, but I need to.
I need to hear the pins clanging around and the
bowling ball is getting dropped onto the lane. I love bowling.

(47:22):
Oh you could do that. You know what, I got
a great I need not an ambience thing that I
can put on my on my phone or on something
like some noise maker so I can slee go to
sleep with that going on.

Speaker 1 (47:33):
Get a couple of bowling alley candles, going play that
ambient noise in your house. Just kind of close your eyes.
I could see that being really peaceful for you.

Speaker 3 (47:40):
Oh, I'd love it. Yeah, it's just gonna make me
want to grab my my bowling balls and get to
the bowling center and let a rip.

Speaker 1 (47:47):
I need to do that. Anyway, you could play we
bowling while you create that environment for yourself, and I
feel like that would be I mean, that's bowling for
shut ins right there.

Speaker 3 (47:54):
Yeah, I do like we bowling, not as much as
real bowling, but you know same diff Three forty got
an eyeball on this situation in New York City. A
helicopter crashed into the Hudson River just outside of downtown NYC.
And we are going to tell you as much as
we can about what we're learning. I did see a
video about the erratic flying of this thing. We will

(48:17):
let you know what we know as more comes out.
Stick around on news radio eleven ten KFAB.

Speaker 1 (48:22):
Em Marie's songer on news radio eleven ten KFAB.

Speaker 3 (48:27):
There was a helicopter carrying We're hearing various reports. Could
be four, could be six. I don't want to tell
you exactly how many until I get legitimate confirmation.

Speaker 1 (48:36):
It's just too soon.

Speaker 3 (48:37):
It's irresponsible for us just to be throwing numbers out here,
and I don't want to do that. So it's a helicopter.
Four to six people are probably on board. It was
flying very erratically. Based on the videos that are on
social media that people caught of this thing. It went
down and crashed into the water, uh like an hour
and ten minutes ago, hour fifteen minutes ago. NYPD and
many other rescue entities in the Hudson River landed in

(49:00):
the Hudson River. So it didn't hit a building or
anything like that, landing in the river. And there are
people already saying that they're reporting deaths. Again, I don't
want to confirm any of that until I have a
concrete number and more information. But we got an idea here.
This is on the heels of a couple hours ago.
I didn't mention this, but I think it's worth mentioning.
Now there's a report and the FAA confirmed it. Earlier today,

(49:23):
two American Airlines planes that were taxiing just kind of
like you know what. You know what taxing means in
an airplane. It's just driving around on its wheels, whether
it's before takeoff or after landing, getting to its gait
to let people on or off. Two American Airlines planes
clipped wings while taxiing. Guess the airport, Guess the airport

(49:48):
that happened. Then two taxiing American Airline planes clipped wings today?

Speaker 1 (49:54):
What airport? Oh? Oh, hair good guess, very good guess,
not correct, And that was a very good guess that
maybe it's midway. It wasn't that good of a guess.
Reagan National, Oh that's what I was first going to say,
and then I overthought it.

Speaker 3 (50:10):
Reagan National again has an issue, and apparently there were
some politicians on one of those planes. Now, obviously they
were taxing and they're going slowly. It's not going to
do anything. But the bigger question about that is how
is this happening and why does it continue to happen?
And don't be forgetting about all of the stuff that
has happened in the last couple of months with airplanes.

(50:31):
A lot of people that are on the political left
for saying this is Doge's fault. They have fired too
many people, or let people go, or ask people to
accept buyouts of government positions, which could include air traffic controllers.
I guess now, I don't have the numbers to corroborate that,
and I know that they were already going through a
bit of an issue with staffing before Trump took office.

(50:54):
But as a government entity, the target is on them,
because the target is on this administration because of what
Dulge has been doing and cutting a bunch of government
employees that they say just aren't necessary. I don't know
if that has anything to do with the I mean,
you'd like to think that two planes at a major

(51:14):
airport like Reagan National wouldn't be taxing close enough to
each other where they'd bump into each other and clip wings.
I'd like to think that. Am I wrong for thinking that? No,
these are aircrafts we're talking about here. The more issues
that we're having with aircraft, the sketchy here that entire
industry becomes. And I'm not afraid to fly. I am not,
and I don't think you should be either. But the

(51:34):
more we're hearing about this stuff and little things like
clipping wings while taxing just should not be happening. So
what's going on with air traffic control? What's going on
with American airlines? Can we ask that and can we
get some resolution to this. I don't think anybody wants
to go to the airport just praying that nothing goes wrong.

Speaker 1 (51:52):
That's the wrong way to handle this stuff.

Speaker 3 (51:54):
Now, obviously that's not the same sort of situation you're
having with this helicopter. Because this is a small aircraft.
It was flying very erratically. I don't know if it
was wind. I don't know if it was you know,
rain conditions you see in the video, and there's some
video that it was high enough above like a layer
of clouds, and you're just wondering if there was a
visibility issue. I have no idea, but we're talking about

(52:18):
this not to speculate, but just tell you what we're
seeing and what is being talked about here, And if
we get more information as the afternoon rolls on, we
will certainly let you know about that. But this is
just on the New Jersey side of the Hudson River,
right next to New York City NYPD on the scene
and yeah, this happened just over an hour ago. So

(52:41):
our information is scarce at at the moment, but we
will give you more info as it becomes available. Phone
lines are open at four h two, five, five, eight
eleven ten. We got Gym on the line, Jim, what's
on your mind today?

Speaker 7 (52:55):
On my way back to Council Book Airport now where
there are four days a week, but I wanted to
just give you some filler background because being an airport
every day of the week, we pay more attention to
those things. The issue with the FAA and air traffic
controllers was that, frankly, they had made a lot of
dei hires and they had a lot of incompetent staff.

(53:20):
And this was at the same time over a thousand
qualified air traffic controllers were not hired and they were
waiting to hire better people, and so you've got people
that can't do the job or won't or don't do
the job, which was the case at what at Reagan
National earlier. They were short staffed and people left early. Gee,

(53:41):
that's doing a great job. And so they need competent
air traffic controllers, and the idea was to hire more
of those people and get rid of the people that
weren't doing the job. And so you have accidents or
potential accidents hits the air traffic controllers.

Speaker 1 (54:03):
Right, Jim's supposed.

Speaker 7 (54:04):
To be calling a place on the field.

Speaker 3 (54:06):
Yeah, I mean, I'm with you, Jim. I'm running out
of time. Sorry, I had to cut you off there.
But it's it's good information from Jim, and it's something
that we just need to be more aware of. I
guess as who's being brought aware