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April 23, 2025 • 48 mins
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Speaker 1 (00:00):
A Jesus right. Hell yeah, see America and Jerid for
Regius one nation idea.

Speaker 2 (00:15):
And this is wrong. This is Colombia's Morning News with
Gary David and Christopher Thompson on one O three point
five FM and five sixty AM w VOC and.

Speaker 3 (00:29):
Here we go again. Good morning. It is sixteen minutes
after six. It's Wednesday, April twenty third, and we're back
at it, Columbia's Morning News back on the radio. And
good to have you on board. I'm Gary David, Good morning,
Christopher Thompson, your turn to say good morning, Serve, good morning.
How the heck are you? Man?

Speaker 4 (00:46):
Well, I'm ready ready for Wednesday.

Speaker 3 (00:48):
Well, let's see we can tackle this thing us all right,
So I'm braining the forecast today. Actually the better chance
looks like it's going to be tomorrow now, but a
decent chance today could see a scattered shower. Two this morning,
you make your way in and temperatures are very comfort
in the sixties. And well, if you're an early morning
arrivor like we, I had to take two different detours
to get to work this morn two, not one, but two.

Speaker 4 (01:06):
It's a little difficult to navigate with my good cones
and the paving and everything else.

Speaker 3 (01:12):
Yeah, you've been working on the interchange that I get
on twenty now for like two and a half years.
Could you just stop it already and let us use it?
You know, I mean, come on, I don't know what
they're doing out there. I don't now I get the
malfunction junction thing. But anyway, you know, if unless you

(01:32):
you know, come in at the ungodly hour we do,
you don't have to deal with this sort of thing.
Be thankful for that. This used to be an advantage,
the one advantage we had for getting up this early
in the morning, right, Yeah, not so much anymore. Yeah,
evaporated all right, but we made it so happy to
be with you. We got a lot to talk about
this morning, the rundown, the big stories, the hot topics. Well,

(01:53):
they're looking at revising this thing and maybe trying to
get it done in this session. Yeah. Over at the
state House, the proposed income tax cut that wasn't really
a cut for most people. It was, ah, well, maybe
we're going to pay more taxes. Under the original plan,
that flat tax at three point nine to nine percent
rate that would start next year. Had it to sail

(02:15):
through and it would have if people had noticed an
wait a minute, let's do the math on this thing,
and they did so. Now they're considering a few options.
House Ways and Means Committee meeting yesterday heard three different
options that might be more palatable, and we'll run those
down for you a little bit later on see what
it looks like. What's what's next for Carlis loftis, Well,

(02:40):
we don't know yet. The House yesterday House leaders said
that they weren't real sure how they were gonna what
they're going to do with this thing.

Speaker 4 (02:51):
Yeah. I saw a couple of interviews with local TV
and David Davie Hyatt, the House majority leader. Yeah, didn't
sound like they're going to pick it up.

Speaker 3 (03:00):
Unprecedented waters, I believe was one of the things. He said,
They'll take a look at it and go from there.

Speaker 4 (03:07):
And then he looked at his watch, ands like, we
got a lot of things other things to do. But
in between now and then, yeah, yeah, I mean, you
get the feeling they're not going to pick it up.

Speaker 3 (03:16):
You do get that feeling. We're down to t minus
less than three weeks in counting before the end of
this session. Some members of the State House did here
from the constituent of their constituents public testimony last night
on this proposed bill that would would make it legal
in certain circumstances and certain geographic locations to have casinos again,

(03:41):
not on Native American reservations, but you know, on regular land,
if you will. Well, they heard an earfol from folks
on both sides of that issue. Again t minus less
than three weeks in counting in this session. Don't know
what happens or not. I don't know anybody in an apology,
says naw see Mace after that viral video of her

(04:03):
expletive filled exchange with a constituent in the Low Country
a couple of days ago. You've probably seen that video
by now. Now now Mace is saying, well, she felt threatened.
And if you've seen.

Speaker 4 (04:16):
The video, I mean the guys nowhere near the guys
on the on on this end of the isle, and
she's on that end of the aisle, and she's the
one picking the fight. She's the one who got aggressive first.

Speaker 3 (04:26):
Okay. Remember all the guys said was are you going
to hold a town hall? Right?

Speaker 4 (04:30):
And she went after it.

Speaker 3 (04:31):
Yeah, But she says she knows, she doesn't know anybody
an apology that a real man, she says, will stand
up and protect women, and this was not a real man.
So she's well, there's a little innuindo in there, of course,
But anyhow, Yeah, that doesn't seem to be going over
too well with a lot of folks. Not not. When
it comes to do you want to be governor? I

(04:54):
don't know toef you're following us closer than I am.
The High school league that legislation that might break it up.
Maybe you can provide some more detail in that force
a little bit later on. I'll mention it all right,
will they or won't they? Limestone University now saying they're
delaying their decision on closure to explore a potential financial lifeline.
You know, I threw about a lifeline a week or

(05:15):
two back when we heard this story. You know, the
guy that funded all these private school vouchers for students
and families here in South Carolina when the Supreme Court
shot it down last year, y'all talk to him, because remember,
Limestone runs a bunch of these charter schools as well.
Boy Markets had a good day yesterday, huh, Dow bouncing
back up more than a thousand points. Was that all

(05:36):
because Trump said he doesn't plan to fire your own Powell. Well,
that certainly helped that and paving the way for it.
Sounded like a little better trade relations with China. Yes,
then there was that. Yes, that those rates would come
down substantially. He says, those tariffs against the Chinese, and
the Dow futures this morning are keeping up a trend
here last I look, let's check again real quick here.

(05:59):
Let's see Dow future are up six hundred and twenty
seven points. Okay, happy days are here again, at least
for a day or two. Now. The other part of
all this is bringing more business here to this country
and foreign and domestic investments. So far under Trump, he
has been in office now a little over three months,

(06:20):
over five trillion dollars worth and more than four hundred
and fifty thousand jobs. Let's put this in some quick
perspective here. On his way out the door, Joe Biden
indicated his administration it obtained about a trillion dollars in
private sector investments. Now was that for a year or
for an entire administration? About a trillion dollars? Trump and

(06:43):
three months over five trillion dollars about that in the administration.
If the Supreme Court won't let him do it one way,
they'll do it another. The first rico racketeering charges have
been filed now against members and associates of Trenda Argua.
They were filed this week in New York. So the
luck go about it that way, and later on we'll

(07:04):
compare some numbers. Here is Trump Trump really the deporter
in chief? When you hear these numbers, you'll say, huh, Well,
some other presidents did a lot more than he did.
And Politico reporting that, well, some Democrats now are starting
to well get a case of the are we sure
we want to go here? This in defense of Abrego Garcia.

(07:27):
There's a split in the party over that. And the
head of sixty Minutes leaving his job, the executive producer,
saying that he no longer has the independence he needs
to make the show work. Okay, friends, we got that
and more coming up on this the Wednesday edition of
Columbia's Morning News. It is a pleasure to have you

(07:50):
with us.

Speaker 2 (07:51):
The conversation begins here.

Speaker 3 (07:53):
Just took the piety problem. Just look why people nowadays
they don't think they've just.

Speaker 2 (07:57):
Added one on three point five six am w VOC.
This is Columbia's Morning News with Gary David and Christopher
Thompson on one O three point five FM and five
sixty AM w VOC.

Speaker 3 (08:15):
It is six forty and good morning. Good to have
you along. It's Wednesday, April the twenty three and as
I mentioned, a time for a woke update. You know,
it was this last week that the Supreme Court in
the United Kingdom ruled that well, women are women and
end of story. Okay, that's it. Trans women are not women.

(08:40):
That court ruled. This was the highest court in the UK. Well,
now let's follow this up with the Prime Minister, a
very liberal prime minister by the way of the UK. Starmer,
who has previously said that trans women are women but

(09:00):
apparently no longer believes that again was asked to repeat
that statement yesterday and Starmer just pointed to the UK
Supreme Court judgment which are ruled that the term woman
referred to biological sex and saying, well, the court had

(09:23):
answered that question. So I guess cure's Starmer now the
UK PM, I guess agrees. Downing Street, later confirming the
U turn, asked if the PM still believe that a

(09:44):
transgender woman was a woman. His official spokesperson said, No,
the Supreme Court judgment has made clear that when looking
at the Equality Act, a woman is a biological woman.
That is set out clearly by the Court judgment. Boom
sounds simple enough, Well, yes, it does, doesn't it. You

(10:05):
know who's having a big time with this. Who's just
basking and all? This is JK Rowling. I mean JK
Rowling has come under such fire in the UK over
her almost said the word belief, belief that a woman
is a woman. Right, There's no belief about it. It's

(10:27):
just a fact. Yeah, Ronan's got a lot to say.
Now have you heard about this yet? I saw this
in passing yesterday. We didn't get to talk about it.
But there's a there's a new The New York Times
published a lengthy report around Blair Fleming, who is a

(10:53):
male volleyball player who refused to step out of his
role on a woman team. While the articles spoke of
Fleming favorably, it revealed something else here. This through interview
with former staffers of Joe Biden, that that case caused

(11:16):
us split in the administration and that the former president
did not believe that males who think they are females
should be allowed in women's sports. Now, while the entirety
of the Biden administration wholly agreed that males should be

(11:36):
able to enter female spaces based on their gender identity,
at least in some capacity, the idea of letting men
play women's sports was not something that every member of
the administration was fond of. The President in particular, was
focused on the competition issue. Okay, So Joe Biden, as
the President of the United States of America, didn't think

(12:01):
that men should be playing women's sports. Matter of fact,
there was a sizable contingent of his administration who agreed
with him. Well, here's my question, then, be that the case,
Why do the administration stand up then for women playing
in men's.

Speaker 4 (12:20):
Sports because Joe Biden wasn't running the administration exactly.

Speaker 3 (12:28):
Next question again is and will we ever really know
the answer to this? Who was who was it that
was calling the shots in that White House? It's it's
a mystery to this day. Now, Okay, I understand, I

(12:56):
get this that you know, presidents, all presidents will be
really lying on input from a lot of people. You
get opinions, you form your own, be you come to
a conclusion. You know, any any any successful person is
going to at least listen to differing opinions, whether or

(13:18):
not they agree with them, whether or not they act
on them, whether or not they take them as their
own as another story, but you know, it's it's good
to listen to opposing opinion, and good presidents do this.
This doesn't seem to be the case in the Biden
With the Biden presidency, How is it that that a

(13:42):
an elected president of the United States of America holds
one opinion on a subject is as controversial as this,
yet has allowed allowed himself to be overruled by who
knows whom was this? Was this a jill thing?

Speaker 4 (13:59):
And he's just the president. He's also the de factor
leader of his party, of.

Speaker 3 (14:03):
His party, and we know, of course there were strong
voices within the party that were all about all this.
It's uh yeah, I mean this this This New York
Times story again raises that dead question who who was
really in charge? Who was really calling the shots? Huh okay, Well,

(14:28):
you know what they wound up doing was was rewriting
a title nine. Well, they could have rewritten it to
make it uh well virtually uh well, to make it
virtually impossible to prevent a male from entering a woman's
sports sport. They could have written it that way, they

(14:50):
did not really bizarre, all right? Uh so, uh little
woke up? Oh by the way, hang on a second,
thank sure, I'm getting this straight from the horse's mouth.
Here article this morning about IBM. Here's the headline, IBM

(15:10):
gives employees a rude awakening with harsh new policy. Then
the article starts off by saying, IBM, a global tech
leader with over two hundred and seventy thousand employees worldwide,
is officially joining a controversial trend in corporate America. I'll
give you three guesses into what this controversial trend is,

(15:32):
as this article refers to it. What this harsh new
policy is, and this rude awakening is. It's a policy
where IBM says, you know what, get back in the office,
go back to work in the office, no more remote work.

Speaker 4 (15:53):
Not exactly controversial these days?

Speaker 3 (15:55):
How is that? How has that ever? Okay, in the
depths of the pandemic, this would have been controversial. Okay,
how is that now considered to be controversial? And how
is this considered to be a harsh new policy? Boy,

(16:16):
catch your butt back in the office. Oh you know why.
It's controversial and harsh. Now, Oh, I get it. Because
Trump has told federal workers they got to get back
in the office place if they want to keep their job.
Oh that's why. Okay, so yeah, going back to work
in the office is harsh and controversial.

Speaker 2 (16:40):
You're listening to Columbia's Morning News on one oh three
point five FM and five sixty am WVOC. Once again,
here's Gary David and Christopher Thompson.

Speaker 3 (16:51):
It's fifteen after seven o'clock in the morning, and great
to have you with us. It is Wednesday, April the
twenty third. They're looking to try to still get this
flat tax thing through here before the end of the session.
Well at least the House is. We'll get to that
in a second. First, let me reach right and pat
ourselves on the back here a little bit. I don't
know if you heard or not, And you hear. We
talk about them all the time, all the great podcasts

(17:12):
our company produces. I mean there are thousands and thousands
and thousands of them. I don't care what genre you're
interested in. We have a podcast for you. They're totally free.
You can grab them on the iHeart Radio app. iHeart
just got picked up fourteen wins, including being named the
twenty twenty five Podcast Company of the Year. That's here

(17:35):
by the Webby Awards. Yeah, when it comes to podcasts,
the Internet and such, this is like the Oscars of
the Internet. Fourteen awards including a Podcast Company of the Year.
So yeah, there's lots of great stuff and it's all
right there for you. An absolutely free on the revamped
and totally cool iHeartRadio app if you haven't checked it

(17:55):
out yet, or if you haven't updated yours yet. The
presets are fantastic. Just go there. Be sure WVOS is
your number one preset. We don't care what you pick
after that. Just make sure WVOS is the number one
preset right there. Well, you and you know our show,
by the way, in case you didn't know this, every
day when we go off the air, you know, the
segments that we do are all uploaded and they're available

(18:17):
to right there on that podcast. Let's look for Columbia's
morning news on the iHeartRadio app. Okay, it's April twenty third,
into session for the State House is May eighth, so
there are fewer than three weeks left and this idea
of a flat tax, will it go anywhere at all.

(18:37):
The original idea was to rush this thing through and
have a flat tax in place in time for next year,
for the twenty twenty six tax season. You know, the
concerns where we had way too many people that were
paying no income tax at all in this state, a
few that were paying the bulk of it. So the
idea of to roll out a flat tax, which, boy,

(18:59):
when they first announced this, it was like, wow, this
is terrific. We were at a six point two percent rate.
It's a progressive rate. Depending on how much you make
a course, you may be paying less than that, you
may be paying that. So yeah, it got our attention
when they came out with great fanfare about a month

(19:23):
or so back and announced a flat tax at a
three point nine nine percent rate, so everybody would pay
the same three point nine nine percent starting next year.
And then it got even better because the goal was
to eventually drop it to two point four to nine percent.

(19:46):
That came with a big butt though a caveat, assuming
that we you know, get in the revenue that we
need to, then we would eventually get it down to
two point four nine percent but no guarantees. Okay, well,
but then the fifth the financial analyst, got to it,

(20:07):
and we then realized that, well, we would have the
bulk of especially middle class owners. Basically almost all middle
class owners would wind up paying more under this plan.

Speaker 4 (20:20):
And we still don't know if our Republican leaders knew
that when they started pushing this, right, I mean, this
is a this is a big deal. I mean at
the national level, at the federal level, you get a
bill scored, you have the you know, budget Office come

(20:42):
in and take a look at it and say, okay,
here's here's how it will impact modern most Americans. Did
they not do their homework at the state House. Did
they not know that the middle class was going to
get hit so hard by this? I have to believe
they didn't know that, And that's very troubling.

Speaker 3 (20:58):
Man. This is not like, oh, it's just some other
piece of legislation that you know, not many people really
care about. I mean, this is something that impacts every
single South Carolinian, all of us. It's a big deal.
And yeah, it would it would seem like they went
off half cocked on this. Somebody sold them a bill
of goods. They were like, yeah, this is this is

(21:21):
they'll love us for this one. But as it turns
out again because and one of the big issues here
is that the way this tax would be calculated, rather
than on what it's the way it's being done now.
After your federal if you file your federal return, you
get your deductions and your credits and all of that.

(21:43):
After all that's taken out of your income, then that's
the number that the current tax rate is applied to
under this new plan. Or remember it would those wouldn't
be included. That three point nine percent would be based
on the adjusted gross income, which is before deductions and credits.
So that's how you wind up paying more into this plan. Well,
the House Ways and Means Committee met yesterday and they

(22:07):
were given three alternative options in a presentation and how
they would impact us. Frank Rainwater, who is the executive
director of the state's Revenue and Physical Affairs Office. So
here were the three alternative plans. Plan one the same
three point nine to nine percent flat tax with expanded

(22:29):
income deductions. Okay, according to rain Water's analysis on this,
fifty eight point seven percent of income tax files in
our state would see their taxes increase under this plan.
The original plan, fifty nine point four percent would see
their taxes increase. So yeah, okay, it goes from fifty

(22:53):
nine point four percent, sink a tax hike to just
fifty point seven percent. Okay, that's a non starter, I
would hope. So uh yeah. Plan two a four point
seven four percent flat tax. Wait a minute, what happened
to three point nine nine? This one would be a
higher flat tax rate, but larger deductions. Now we'd see

(23:17):
fewer people impacted by higher taxes. On this one. It
would go from the current fifty nine point four percent
then drop down to thirty eight point six percent. Option
three a revised tier system very similar to the one
we have right now. The top rate would be five
point four to nine percent, as opposed to well, what's

(23:39):
going down now to six percent. The bottom rate would
be one point nine to nine percent, whereas we got
some folks now paying nothing. Under that idea, well about
twenty eight percent of eurns would see a tax increase. Okay,
I don't even know why you rolled out option one
and two. Who you had option three here? O? But
Option three isn't a flat tax. But even then, okay,

(24:04):
you've got more than a quarter of people in the
state right now wind up paying higher taxes under that plan.
I don't see these as good options. You know that
last one is the best one. But again, why do

(24:25):
you want to put in a plan that's going to
raise my taxes?

Speaker 4 (24:28):
It doesn't feel like the Republican plan.

Speaker 3 (24:32):
No, House Republicans still say they still want the flat tax,
the idea they could collapse the tiered system then cut
the rate over time. Remember, just like the original plan
was from three point nine nine out of two point
four nine.

Speaker 4 (24:55):
Of Well, eventually they'll have to get together with the Senate. Well, yeah,
I'm working all this out. I want to know what
Harvey Peeler has to say. He said nobody can out
cut taxes over Harvey Peeler, So let's let's hear from
him on this.

Speaker 3 (25:10):
Well, it's the talk is it's unlikely the Senate will
even look at this until next January. So yeah, it
the House still wants to get that done in this session.
There's a lot they want to get done in this session.
There's less than three weeks left to go. I don't
see how it happens, but if it does, well, the
point is moved for twenty twenty six, because chances is

(25:31):
a pretty good the sin and won't even look at
it until twenty twenty six. So okay, I guess I'm
trying to crunch some more numbers. I guess, good luck.

Speaker 4 (25:39):
I'm just saying, if you're a squatter, you have more
rights than homeowners.

Speaker 2 (25:43):
Shot edity just saying one on three point five FM
and five sixty AM w VOC. This is Columbia's Morning
News with Gary David and Christopher Thompson on one on
three point five FM and five sixty AM WVOC.

Speaker 3 (26:02):
In the seven forty four. So Nancy Mace is now
defending well not really even defending herself. I guess maybe
in a way. But she says she knows she doesn't
know what apology at all for this uh four letter
word rant against which one? Which one? This was the
one in the beauty store.

Speaker 4 (26:20):
Okay, this was before it was that one before the
town hall, before.

Speaker 3 (26:23):
The town hall. Yeah, okay, Well you may have seen
the video by now, okay, so May says she was
just standing up for herself and would not apologize. Now,
if you haven't seen the video, this starts off with
a guy, all right, an effeminine guy at an old
to beauty store. As you know, Nancy's just just shouting

(26:46):
for some beauty product. They don't know what branch he uses.

Speaker 4 (26:50):
And he just asked her a simple question.

Speaker 3 (26:52):
Yeah, he says, are you gonna hold a town hall?
Or when you're you gonna hold a town hall? Something
along those lines. He didn't ask it in a race voice,
an aggressive manner. I not not, in my opinion by
watching the video.

Speaker 4 (27:05):
He wasn't. I mean, he wasn't being sarcastic. I know
every congress person is probably taking it that way at
this point because they're all shutting those down.

Speaker 3 (27:19):
And he wasn't even standing anywhere close to her, right,
I mean, he wasn't. He's like on one end of
the isle and she's on, you know, halfway down the
other end of the aisle.

Speaker 4 (27:30):
And she played the victim card anyway, oh, in a hurry.

Speaker 3 (27:35):
So she said, when someone's coming at you and they're aggressive,
they're harassing you in public.

Speaker 4 (27:45):
They were practically on opposite ends of the aisle.

Speaker 3 (27:47):
Exactly to try to invade my space. I'm not sure
how much space she requires, but apparently at least a
half an aisle. See, and here we go again, as
a rape survivor and a domestic abuse survivor. She says,
our instinct as women is to protect ourselves.

Speaker 4 (28:08):
Perfectly understandable, except that there was no need to defend yourself.

Speaker 3 (28:14):
This wasn't what that was.

Speaker 4 (28:15):
And if any, if any person in this confrontation escalated it,
it was Nancy Mace.

Speaker 3 (28:22):
The guy even had a smile on his face when
he asked the question, are you gonna do any more
town halls this year? And uh well it it went
south from there in a hurry. Yeah. So May says
she won't be apologizing to this man, saying, I don't
owe an apology to any mentally ill man who's harassing

(28:45):
me or threatening me. Okay, this is Nancy doing Nancy.
But see now there's this other little part at play here.
You know, Mace has expressed a desire to run for

(29:06):
governor of our state. And I don't know that she
realizes this yet, but and this is this is just
my opinion that this sort of behavior is Okay, she's
as almost as though she's trying to channel her inner
Donald Trump here, right, Yeah, okay, and for some folks

(29:29):
that plays. But in a broader sense, I think this
is hurting her, not helping her if she ever does decide,
and officially now she's going to run for governor.

Speaker 4 (29:40):
Can you imagine going from southern gentleman Henry McMaster to
Nancy Mace.

Speaker 3 (29:46):
And that's what some people want. I get it, but
I don't think of the broader spectrum of voters Republicans
in this state that this is this is what they're
looking for. She went as far as saying, you know,
when you know, a real man is supposed to stand

(30:08):
up and protect a woman, and that wasn't a real man,
she says. She says she felt physically threatened, and she
also in an interview with a Charleston TV station, so
there were three other similar incidents that also happened to

(30:29):
her just in the past week, saying, if a woman
is standing there alone and she feels threatened to the
man as being aggressive with her, the man should respect
the woman to take a step back. You dude, was
nowhere close to her. Man.

Speaker 4 (30:45):
It's tough being a high profile politician, Yes, but.

Speaker 3 (30:48):
She's been a high profile politician for a long time now.

Speaker 4 (30:51):
And the climate has changed. But I mean, we've got
video evidence of that particular confrontation and there was nothing
threatening about it. There really was, and the hostility started
when she started it.

Speaker 3 (31:03):
Yeah, so yeah, if if Nancy Mace really wants to
be governor of South Carolina, I just don't. I don't
think this is the behavior is going to get her there,
really don't.

Speaker 2 (31:15):
You're listening to Columbia's Morning News on one oh three
point five FM and five sixty am WVOC. Once again,
here's Gary David and Christopher Thompson fifteen.

Speaker 3 (31:26):
Half eight o'clock in the morning. To you, and careful
out there if you have one of those spots where
the rain's coming down, because that is heavy in places
scattered across the Midlands right now. Got a second for
a personal observation here, sure, Uh, I'm sorry. How come
every time I look up at the TV monitor the studio,
all these different channels are doing the story on this,
this Karen Reid trial.

Speaker 4 (31:47):
It is captured a lot of attention, has it really?

Speaker 3 (31:50):
I mean, okay, first trialing it into mistrial, right, yes,
and then she's accused of what running over her her
boyfriend who was a police officer, and leaving the scene
and whatever. And every time I look up, I don't
care what network it is they're talking about this, it's
Karen retrial.

Speaker 4 (32:09):
Well okay, I'm surprised it wasn't Lori Dable because that's
all everyone was talking about yesterday.

Speaker 3 (32:13):
Yeah she was convicted. Yes, yeah, you talk about a
nut job doomsday mom. Wow, I mean on so many
levels that one was a nutjob. Good.

Speaker 4 (32:21):
That's you know, you were talking about all the iHeart
media and iHeart radio podcasts last hour. Yes, that there
are so many true crime podcasts. This is one reason why,
because there are so many of these cases out there
right now that just there are so many nut jobs
captivate the imagination.

Speaker 3 (32:37):
Yeah, yeah, okay, something that does impact all of us. Okay,
well most of us at least. Down Future's up six
sixty two this morning. Anyway. I know we always quote
the dout because that's the one everybody young with them.
But you know, if you've got a four oh one k, well,
most important thing you need to know is that you're
the S and P, which is most closely tied to

(32:59):
is up one hundred and eight. Good day on Wall Street.
Yesterday Dow was up more than a thousand points. What
was the old what was the old slogan? The old
ad Was it e F. Hutton? Was it? When E. F.
Hutton talks, people listen. Yeah, when Donald Trump talks, the
world listens. You know, there there are only two people

(33:22):
who can affect the markets like this, Donald Trump and
Jerome Powell. Right, that's it. And yesterday a couple of
things here. Trump said that he has no plans to
fire Jerome Powell. This couple days after he said that
he'd like to fire Jerome Powell. I have no intention
of firing him. Trump said, Well, the markets like that,

(33:47):
especially for last Thursday when he posted powace termination cannot
come fast enough. Okay. Trump also sang the tariffs when
it comes to China, hinted that they may be coming down,
not totally going away, but coming down and maybe dramatically.
Markets like to hear that too. They'll come down substantially.

(34:10):
It was exactly what Trump said last night. So there
that you know, it was the Jerome Powell comment that
led to the big rebound yesterday. And if I'm not mistaken,
it was after the market's closed when he mentioned the
Chinese tariffs. So that's led to this morning. So then
we get to a big boost this morning in pre
market trading.

Speaker 4 (34:31):
Did anything, just out of curiosity, because I got gas
yesterday morning or mid morning, Yeah, and it was two
fifty two.

Speaker 3 (34:39):
Yeah. I should have got it then too.

Speaker 4 (34:40):
I drove past the gas pump late last night and
it was to seventy two.

Speaker 3 (34:46):
I don't know, I there's any rhymer. It's just like
the markets. You know, nothing is based on market fundamentals anymore.
It's all just a knee jerk reaction.

Speaker 4 (34:53):
I didn't know if anything had happened to drive the
coss up twenty cents.

Speaker 3 (34:56):
Yeah. Well, but that's been the case for a while now,
have you. You know it used to fluctuate a couple
of pennies or whatever. Now when it moves, it moves like,
you know, fifteen to twenty cents every time, one way
or the other. I don't know. I just know I
should have bought it yesterday. That's all I know. Now, Okay, Yeah, well, well, actually,

(35:17):
well prices are sliding this morning, so maybe they'll come
back down by the time I got to fill up.
But I got rid of the gas hog and got
me a vehicle that gets better gas mileage, all right. Now.
The other part of all this equation, of course, is
Trump's desire, and it should be all our desires, you know, everybody, Democrats, Independents,

(35:41):
Green Party, Well, who am iver to bring jobs back
to this country?

Speaker 1 (35:47):
Well?

Speaker 3 (35:47):
The announcement now that US investment in what just now
three short months of being president. Okay, US investment has
now reached more than five trillion dollars and is expected
to generate hundreds of thousands of jobs in total, both

(36:12):
domestic and foreign investments from four different countries, various US
industries and manufacturers, adding up to about five point two
trillion investments five point two trillion since January twentieth and
at least four hundred and fifty one thousand two jobs
for Americans. We've seen investments from Apple and Vidia, SoftBank, Oracle,

(36:38):
open AI, I mean big money investments. You had Hyundai,
you had Hana talk about moving a production back from
Mexico for some of their lines. Unbelievable. This is the
other part of that, right, is bringing back jobs and
bringing dollars back into this country. Now, Fox Business saying this,

(37:07):
and what I don't know is that on the context here,
but writing this on his way out of the White
House in November of twenty twenty four, Joe Biden indicated
his administration had obtained around a trillion dollars in private
sector of investments. That was according to White House press
release at the time. Now, I don't know if that
was for twenty twenty four or if that was for

(37:32):
twenty to twenty twenty four or twenty twenty one to
twenty twenty four. They weren't specific about that, but let's
just say it was for the whole which just say
it was about one year, trillion dollars in investments. Wow, okay,
Trump says, hold my beer. Over five trillion in three months.

(37:58):
The fact of the matter is, when you believe in
American exceptionalism and you believe that America should come first,
this is not unattainable. This can be done, and Trump
is proving it in short order. Relate, Sorry, go ahead, No,

(38:18):
it's come with you know, a lot of anxiousness. Sure, certainly,
I mean.

Speaker 4 (38:22):
There's This was not going to be easy, and it
was going to involve breaking some trends from the past.
A related note from yesterday, you know Elon Musk telling
his shareholders, look, I'm coming back to work here pretty
much full time. I'm probably only going to spend a
couple of days a week at DOGE. That leads you

(38:43):
to believe two things. Number one, well, it reminds you
of two things. Number One, he's got his own shareholders
to worry about in addition to working for Donald Trump
and the American people. And two, he feels like the
framework is set now. If he can walk away from
DOGE and make it a part time job, he feels
like he's set. He's set the course. Yeah, you know,

(39:05):
they're saving for saving money and for making government more efficient.

Speaker 3 (39:09):
Right, that was the for as much grief as he
has gotten from from the left on this, again, I
don't understand it. Why should anybody be in supportive, you know,
the kind of government waste and sometimes outright fraud that
has been going on for well probably for as long
as we've been alive actually.

Speaker 4 (39:29):
And I would think the markets would react to that too.

Speaker 3 (39:31):
Yeah, right, Okay, So, uh, good news yesterday from the
markets and continued good news today. So let's hope that
trend will continue. But you notice, aside from that Jerome
Powell comment last Thursday, the markets had pretty much stabilized,
not at the level they were at before, but they
can get back there. Exciting times on the Glennbeck program.

(39:53):
It's so rare for me to be excited. It's going
to be very exciting.

Speaker 2 (39:58):
One on three point five FM and five sixty am
w VOC. This is Columbia's Morning News with Gary David
and Christopher Thompson on one on three point five FM
and five sixty am w VOC.

Speaker 3 (40:14):
Eight forty final thoughts on a rainy Wednesday morning. If
it's not where we're rainy where you are now, it
it probably will at some point and it may come
down heavy like it has here. Wow, Yes, it is
dropping buckets on the flat roof of the rate. I
never understood why anybody would want to build a flat roof,
especially if you've got you know, usually on these flat

(40:35):
roofs along the side, you've got a little bit of
an edge, you know, kind of sticking out, so it
becomes a pond. Luckily we don't yet, not a leak
in a while. That's a good thing, right.

Speaker 4 (40:44):
We do have some important electrical equipment here in the building.

Speaker 3 (40:48):
Mm hm, Yeah. So mine went off with a larned
a little while ago. Luckily we weren't on the air
and the mic open when it happened. It's kind of
scary moment, But all's well for now, all right, Uh,
Curtis Loftus, Well, the Senate was pretty dog on sure
that they should boot him out office. That vote the
other day, thirty three to eight, getting that to require

(41:09):
two thirds supermajority to evict Loftis from the Treasurer's office again,
something that has never been done in this state, in
our state's entire history, never has an elected statewide official
been removed by the legislature. The Senate wants to do that,
but what about the House. The House too, don't forget,
has to vote and two thirds of House members have

(41:31):
to agree with the Senate that Loftis should be gone
otherwise these days, Well, the Senate says, hey, you know,
the House, just just watch the watch the hearing, watch
the evidence. You'll have to agree. But the House leaders
not ambivalent. But you know, not really sure it's going

(41:54):
to happen in this session. Davy High at the House
majority leader, in an interview with Channel ten. We got
to do some research, got to take a look at it. Okay,
there are what now counting today is seven days or
eight days left in the session counting today, I guess

(42:15):
not a lot of time do any research.

Speaker 4 (42:17):
Mike A. Caskey telling the state newspaper, I certainly understand
how anyone could reach whatever conclusion they did. Oh, okay, Yeah,
it is a subjective test that you have to ask yourself.
I think there's no question the state of South Carolina
is spending millions of dollars because of the decision the
Treasure made when it could have spent thousands of dollars.

(42:39):
Does that rise to the level of removal? I certainly
again understand how anyone could come to the conclusion that
they did. He's not saying he's come to that conclusion.
He says he understands the Senate's decision.

Speaker 3 (42:53):
I respect your decision.

Speaker 4 (42:55):
But and that's often the play between the House and
the Senate anyway.

Speaker 3 (42:59):
Well, yeah, I mean, if you can build anything in life,
you can bet on whatever one body says, the other
body's going to say just the opposite.

Speaker 4 (43:06):
But I don't know if I don't know if it's
appetite or simply the House has so much still on
its plate that they don't envision taking this up right.

Speaker 3 (43:14):
I mean, they got a lot, and when asked if
the House could do absolutely nothing with a question, Hya
says Oh, yeah, it's definitely a possibility. I mean, there's
only eight days left. He says, there's certainly a possibility.
Doesn't even get taken up this year. Now, we talked
about this yesterday. Let's say if it doesn't get taken
up this year by the House, and chances are it
looks like they won't, you come back in January. Do

(43:38):
you take it up then? You know, five months? Five
months that is removed from a primary, a Republican primary,
because let's face it, that's all that batters when it
comes to a state wide elected official.

Speaker 4 (43:49):
How much how much time will they have to spend
reminding each other what they're doing before they actually do it?
If it goes that long and we're not we're not
fixing the problem anymore. The problem has been fixed.

Speaker 3 (44:04):
Yeah, yeah, we Ageah, it's uh, this is one of
the reasons why we've said this is all about politics.
It seemed feels like it does It does have that field,
doesn't it. So we'll see where it goes. Lawmakers also
yesterday hearing ours of public testimony this was actually last
night on this pending legislation that could mean that we

(44:26):
have casinos popping up across the state, and I say,
popping out that it wouldn't allow them anywhere and everywhere.
You'd have to be in a certain geographic location and
at a place that has a certain you know, detrimental
economic outlook. But you know, this is this idea of
dropping a casino in over On ninety five and Santy
and the Santi area. One that would you know, developer

(44:50):
se we create a lot of jobs, would generate to
somewhere around sixty million dollars in tax revenue on an
annual basis, and would not ask or take any public
money or tax incentives. Well, you have people on both
sides of that issue.

Speaker 4 (45:08):
I don't see it happening. I don't think I don't
think it happened in this session. I don't think we're
there yet.

Speaker 3 (45:12):
No.

Speaker 4 (45:13):
And I think if if the state does and I
know some people say, well, the state's already in the
gambling business, They've got the lottery. If the state does
get into another form of gambling, I think it's going
to have something to do with horse racing, just because
that benefits the state economically.

Speaker 3 (45:31):
And that's they've they've tried that for years and years
and years. I think that would metro beauty.

Speaker 4 (45:36):
I think that would come first before allowing any casino,
even in a remote part of the state or you
know it.

Speaker 3 (45:43):
Well, let's put it. I think if the casino does happen,
then yeah, horse betting is right behind it.

Speaker 4 (45:48):
Yeah it happened, well yeah, then then then you've opened
the door to it, right right, right exactly.

Speaker 3 (45:54):
Speaking of doors opening and closing, Limestone now says they
may not be closing. They've at least all the final
decision on whether or not to shut down after the semester.
Apparently they're exploring a quote unquote potential financial lifeline okay
to do high rises plan for Main Street in Columbia,

(46:17):
and yeah, you guessed it. One of them will be
poor student apartments. Welcome to Dorm City, USA, baby.

Speaker 4 (46:24):
And this is right after Columbia City Council said yeah,
we're not going to allow anymore of those, and then
they went back on it and said, well, okay, we
were too abrupt, Yeah we acted hastily.

Speaker 3 (46:35):
So same development, I guess, the same developing company. I think, yeah,
we're going to build a twenty two story private student
dorm and a twenty six story market rate apartment building
on Main.

Speaker 4 (46:45):
Street, more people on Main Street. It's a good thing.
It's a good thing, or near Main Street. But still
it's I find it hard. I mean, how much bigger
can the university gets?

Speaker 3 (46:57):
It's puzzling, isn't It really is?

Speaker 4 (47:00):
And that's what you're betting on that the university keeps
growing because the university's building dorms too.

Speaker 3 (47:07):
So well, they're having a hard time keeping up with
just enough places for their freshman class. After that, good
luck getting a dorm. And that's why everybody else is
building these other places here. Okay, let's see how much
time we got left here just a moment or two,
So let me just quickly mention this political reporting that
a divide is developing amongst Democrats over what to do

(47:30):
with Kilmar Abrego Garcia. Some are now questioning where a
leaning to this is a winning strategy.

Speaker 4 (47:39):
You mean, he's not the poster child for a victory
next time around.

Speaker 3 (47:43):
He's not the savior for the Democrat party. Yeah, I
don't think so. Yeah, they're finally starting to question this.
Oh and somebody dusted off al Gore. Why. I don't know.
Al Gore came out of hiding or wherever he is
Monday in a speech in San Francisco, and well, yes,

(48:03):
of course it was about climate. And there he went,
former Vice President Al Gore comparing Donald Trump's administration to
Nazi Germany. Thanks Al, Like that's never been said before.
What a lazy way to go about Wow. Please
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