Episode Transcript
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Speaker 1 (00:00):
This show is produced and hosted by Mark Webber.
Speaker 2 (00:03):
The show is sponsored by G three Aparo.
Speaker 1 (00:05):
The views expressed in the following program are those of
the sponsor and not necessarily the opinion of seven tenor
or iHeartMedia. Who is Mark Weber. He's a self made
business executive here to help you find your success from
the New York City projects to the Avenue Montaigne in Paris.
His global success story in the luxury world of fashion
(00:28):
is inspirational.
Speaker 2 (00:29):
He's gone from clerk to CEO twice.
Speaker 1 (00:33):
Mark is classic proof that the American dream is alive.
And well, here's your host of Always in Fashion, Mark Weber.
Speaker 3 (00:41):
Mark Weber. I've been watching the world. I've been observing
its people. I've listened intently to what has been said
of late. More importantly than listening and seeing, I've actually
seen it and heard it. A great thing in life
we always continue to learn. The world is changing rapidly.
New administration Donald Trump's world is redefining America in the
(01:04):
world as it at a breathless and breakneck pace, and
we as Americans are reevaluating what's important in America. Some
of those things climate change, the military, how we treat
each other. There are all kinds of new mandates, reallocations
to money, time, people's investment in time, And all I
(01:24):
have to say is, why can't the Democrats, Why can't
they just give this new administration, Donald Trump a chance.
Seems to me the country voted for that, and it
also seems to me there are a lot of things
wrong in their country and it would be nice to
give them a chance. Now. Having said that, where am
I going tonight? I'm going to tell you the title
(01:44):
of the show, you know what, I'm going to have
someone else tell the title for me.
Speaker 2 (01:48):
And that's all I have to say about that.
Speaker 3 (01:50):
At Yeah, I was watching that movie by Accident, and
I watched him with his parables, sitting on the bench
talking about how his life unfolded, and at the end
of each say mean, he said, That's all I have
to say about that. And that's what I'm doing right
now today. I have a bunch of things that it's
all that I'm going to say about it tonight. One
of the things on my mind is we're addicted to
(02:13):
technology and the world is not sure where we're heading.
Children looking at screens as the world goes by, Adults
looking at screens. They're not looking at scenery, they're not
looking at other people. They're not talking anymore. We don't
really talk that much anymore. Little children are being taught
by distractions, video games, social media, and not their parents.
(02:36):
How much is too much? And the question of the
day is the question of human content and interaction. Where
are we going? That's all I want to say about that.
Right now? The world's climate is changing? Or is it?
I'm nervous. It seems like the ice caps are melting,
sea levels are rising, and with that the impact on
(02:59):
on land masses. This planner to changing? Is it climate change?
With the advent of climate change, we're living and rationing
our people in resources. Serious stuff, But yet there's sunshine.
I've been thinking, looking for answers, and I have some,
and it leads me. I want to talk about electricity.
(03:20):
I think Thomas Jefferson failed a thousand times before he
discovered electricity, and there's a lesson in that of itself.
Never give up. It's one of the best and first
lessons of tonight. Having said that, I know someone famous
who said it even better than I just did.
Speaker 4 (03:41):
I missed more than nine thousand shots in my career
I've lost almost three hundred games, twenty six times. I've
been trusted to take the game winning shot and missed.
Have failed over and over again in my life, and
(04:04):
that is why I succeed.
Speaker 3 (04:08):
Michael Jordan said it. You don't have success without failure.
I don't want to talk about electricity because it stands alone,
if not the greatest invention in the history of mankind,
and yet here we are changing the norms. I have
some thought about electric vehicles, the use of fossil fuse.
I have a question. It starts with me because I
(04:29):
bought a hybrid car. But before I go there, allow
me to introduce the phenomenal lawyer, my co host of
Always in Fashion, and my son, Jesse Weber. Hey, Jesse,
I'm talking about electricity, but I'll stop for a minute
and talk about phenomenons. Let's talk about Trump. What's going
on this week with you and Trump?
Speaker 2 (04:49):
You talk about a phenomenon. He's you know, he has
done more since he's come into office, arguably than Biden
didn't in the four years. I don't know good or bad,
but it's pretty incredible.
Speaker 3 (05:01):
So why don't the Democrats get what's for them? A
minute to have some form of success.
Speaker 2 (05:06):
Well, so I was. I will say last week it
was a very nice thing to see the president after
just being inaugurated. He was going to visit the victims
in North Carolina and Los Angeles. He was greeted by
Gavin Newsom. I mean, he was taking command of the room.
He was putting a lot of pressure on Karen Bass,
the mayor, and it was pretty incredible to see him
on the ground talking with the people to do that.
(05:28):
I mean, I don't remember the last time I saw
a president taking that kind of action. Was it was
amazing to see. And look, you know, Gavin Newsom, to
his credit, you know, was very respectful. The President said,
they're going to work together. That's what you want to see. Now.
It doesn't mean that Donald Trump doesn't do things that
are not controversial, whether it's the idea of you know,
allowing all these federal workers to resign and yes they'll
(05:51):
get what seven to eight months severance pay, or trying
to make sure that all di initiative initiatives are taking
apart and then everyone's fired. I mean, he's doing things
that are quite radical that no one's seen before. But
for people who love them, they love.
Speaker 3 (06:04):
Them time out. You've just covered the one thing that
I believe Trump just woossed out on. He's maybe showing
you as a good heart, but I don't think he
did the right thing. There is a difference between firing
all the DEI government executives and employees, because you're eliminating
the department and you're putting all the people out of work,
(06:25):
and you're going to pay them some kind of severance,
which is not clear to me what he's going to
do with that. But he eliminated the departments, and I
really get it. Okay, is that your understanding what's going.
Speaker 2 (06:35):
To happen basically? I mean, look, when it comes to
the people, he's giving them an option. First he directed
federal wait wait wait wait wait no, no, but first he
gave them an option. Federal workers. You got to come
back to the office. That was number one. You got
to come back to the office. No more working from home.
If you don't want to come back to the office,
if you don't want to continue the mission that we're
about to do, you're free to resign.
Speaker 3 (06:56):
Now I have to that's a wors out move, okay,
And I'm going to tell you why. I'm a set
with it.
Speaker 2 (07:00):
I have a counter argument to that, but you go first.
Speaker 3 (07:03):
The thing with me is as follows. There have been
since the beginning of time, programs put in place to
get workforces to resign early and take a pension, so
to speak. My father worked for the New York Daily News.
He got to a point in his life where he was,
what's the right word, tired or insecure or whatever the
(07:23):
right words may be. Daily News offered him a payout.
They said, you know you're a union worker. If you
decide to leave early now, we'll give you a cash
settlement of X number of dollars. And the amount was
enough that it excited my mother and my father to
have a stipend, having a boost to their bank account.
And they took it now in time. What happened was
(07:44):
very shortly after. I was a young boy. Didn't know
how they did the calculations of the thing. My father
had to get another job. So what was it? I
don't know, and I probably was the wrong decision. But
what bothers me what happened with Trump right now? Well,
I think he was stout. Pre COVID. Everyone worked in
the offices COVID came and they were allowed to work
(08:04):
from home. Now COVID's gone, and he made a mandate
that everyone who works for the federal government has to
come back in and work from the offices, and anybody
who doesn't do that will no longer be employed by
the federal government. There's no reason to give them a stipend.
There's no adjustment. They belong in the office. Go ahead,
(08:28):
allisten and tell you why you're wrong.
Speaker 2 (08:31):
You just you want to fire everybody, or that's the idea.
The problem with that, who's going to come back to work?
Speaker 3 (08:36):
That's what the job requirements are.
Speaker 2 (08:38):
And he's giving them an option to resign. Let me
ask you a question. No, wait, hold on, can I
let me finish. Who's gonna replace them? You think it's
so easy to just replace what thousands millions of workers?
You think it's just going to be easy If they
don't want to agree sign on to Donald Trump's administration,
they don't want to come back to work, what are they?
What is he gonna do? How are you just gonna ease?
Speaker 3 (08:57):
We just said it. They don't want to come back
to work, they're no longer job.
Speaker 2 (09:01):
Well, I think that's why he's giving an option here.
Speaker 3 (09:03):
What kind of option. That's the point. There should be
no option. If you want to take care of the
DEI employees who are fired, they have nowhere to go,
and you want to give them a severnce one year,
two years. I don't care what you give them. You're firing.
They're entitled to be taken care of or the government
should at least consider taking care of them. But these
are people that have an obligation. The job is requiring
you to be in the office like it was before COVID.
(09:23):
If you don't come into the office, you no longer
have a job. We need you there and for that
I'm going to pay you eight month salary, so you'll
say yes, I don't get it. It makes no sense
at all. In my former lives, I've worked for two companies,
remember a CEO. The first one, we had a position.
My position was no furloughs, nobody's working from home. The
job is here. You want to work, that's the job.
And of course there were people that came with maladies
(09:47):
and problems and relatives and maybe I can't even count
on my hand. I would give an adjustment to someone
and I'd say for the period of time if you
have to work from home. We don't want to lose you.
I understand you have a problem. We'll support, but you
got to come back to the work. And if I
tell you I don't remember one, I don't remember one.
And you know my memory. At Donna Karen, at dk
(10:07):
Y and belvum H, I was totally opposed of people
working at home, totally posed to people working at home.
But as it turned out, when I got to Donna
Karen and I find out I'm the chairman, I got
all these issues to deal with. The head of human
resources comes in and says, you know, somebody so and
so wants to hire someone, but they don't want to
work a full day in the office. I said, don't
hire them. I don't believe in furloughs. And she goes, mark,
(10:30):
we do have people who work from home here, I said,
you're kidding. I'm here a year already. Nobody told me.
I said, well, we do how many twenty I said, well,
effective this moment on, there will never be a twenty one.
Nobody works from home. The job is here, and if
any of those positions open up because someone leaves, we're
not going to fill them with someone else. To be
(10:51):
from home. That's what the job required. So for Trump
to add eight month severns because you don't want to
come back to work and do the job you're being
paid to do. I don't agree with it at all.
That's my opinion. Doesn't make me right and a better.
In fact, the whole show tonight is about my opinion.
What I have to say, and none of it you
have to agree with. Doesn't make me right.
Speaker 2 (11:11):
Well, okay, I mean, look, I think that that. By
the way, I have a feeling feeling this came from
Elon Musk because Elon must did something very similar at
Twitter before it became X and I believe when he
was on Joe Rogan he had said that this is
something they might do with the federal workers. So I
have a feeling this came from Elon Musk. But anyway,
the point of the long point of the conversation is
(11:32):
he's making a lot of changes. He's doing a lot
of things that might be a little too extreme, like
the idea of trying to get rid of birthright citizenship.
I get why he's doing it, right. He wants to
curb a legal immigration. He wants to make sure that
people don't just come to the country, have a baby,
and all of a sudden, that baby becomes a US citizen.
I get it, But the idea of just changing the
(11:53):
framework of our constitution is a radical thing, and I
don't think he's going to be quite successful in the court.
Speaker 3 (11:58):
So what next time they're going to check everyone coming
into the country to see if they're pregnant or not.
Speaker 2 (12:03):
You can't do that, No, I don't think they have
to go that route.
Speaker 3 (12:07):
Well, that's what's happening. Women get pregnant, they bring the
babies here, They bring their pregnant babies here, and they
have babies here and they're citizens. Yeah. I'm not saying
change the constitution, but there is something to be said
for people sending people from all the world to have
citizenship here. Something's got to give. I don't know what
the rules on in other countries, but I guarantee you
this is something that other countries deal with in a envision.
Speaker 2 (12:30):
You know what's crazy about that is if you go
to the idea of well, if your parents were not legals,
then then you are not a citizen of the United States, Well,
that's taking it to the stream, because because then how
far back does it go well, if you have your parents.
Speaker 3 (12:43):
If you have an illegal immigrant who's been here for
five years, one year, ten years, twenty years, working paying
their taxes, they're good citizens. Women gets pregnant, the child
should be an American citizen, whether their parents are or not.
It's the question of he's tackling first, whether or not
this is a scam that's being perpetrated on the American people,
that women who are pregnant are coming here to have
(13:06):
babies here and get citizenship for their children. I don't
have the right answer. I don't know what I'm talking about.
But if we're going to talk about we have to
be intellectually honest. Then is as rational as it sounds,
there is an argument to be haved. That's not the
way the country was in vision.
Speaker 2 (13:23):
Well, let me ask you this. Let me ask you this.
You mentioned a good question if we're talking immigration, right, Yes,
the idea of the idea that ICE has now made
what almost five thousand arrests since Trump's return to the office,
and they want to increase the quota to eighteen hundred
arrests per day. Right now, you could say it's all
working because they're really focusing on they're focusing on criminals.
(13:45):
They're focusing on the worst of the worst. Get them
out of here. I get it. But eventually it's going
to get to the point where you can no longer
just really focus on the immediate removal of criminals. It's
going to go on to everyone else. And I'm curious
your thoughts are, do we say that this immediacy we
have to try to focus on the criminals. We should
have the same kind of immediacy for anybody who's in
(14:07):
the country illegally. What do I mean by that? Somebody
who's in the country for ten years, twenty years, thirty years,
the fact that they're here illegally, do you say that
makes them a criminal they have no right to be here.
Or if they're otherwise a law abiding citizen and have
been here a productive member of society and have raised
a family, should they be immediately thrown out? Should they
have the same Should ice have the same kind of
(14:27):
vigor with respect to them as the criminals.
Speaker 3 (14:30):
Well, I would say the following My policy would be
going after the criminals. Deporting them is the first step.
Anyone here who's not done anything illegally, whether they came
in illegally or not not legal citizens here, not legal aliens. However,
there should be a path for them to find citizenship
in the United States. This Pandora's box has been open.
(14:53):
They're all here. You can't, can't with all good conscience
ask all these people to leave, particularly if they have roots.
Now let me go back. I should have said it first.
Step number one, close the borders. No one comes in
any more illegally. Step number one. Step number two, deal
with the criminals. Step number three, come up with a
plan for all of those who may have entered illegally
(15:15):
for citizenship over a period of time. That's how I
would deal with that. I think it's fair and I
think it makes sense. But really, close the borders now,
I want to change the subjects on you because I
am intrigued by other things. Climate change. What do you
think about climate change? You believe it?
Speaker 2 (15:29):
I want you think that's what caused the wildfires. It's
hard to know, right. I don't think anybody has a
real definitive answer to it. There are those who say
this planet is the same that it was one hundred
years ago. There are those who'll say, you know, obviously
climate change is real, but it's nothing to worry about.
Yet I have to believe. I have to believe that
(15:49):
there's climate change, that things are different that things we
are doing or affecting the climate. I do. I just
don't know exactly what it is, but I feel like
something we should pay attention. Does it mean rehauling our
entire society and going green and renewable energy. While it's
you know, ambitious and you know, good kind of good
(16:11):
things to be thinking about. I don't necessarily believe that
it's something that needs a drastic change in our society
right now, but it's something we should be thinking about.
What about you.
Speaker 3 (16:20):
I am on the fence. I am on the fence.
I believe that climate change has elements of things that
could be very real, but I also believe that it's
a long shot that we humans are ruining this earth.
I'm going to talk about that in a little while,
but you have to admit that during COVID, if I
am not mistaken again, what do I know. I'm just talking.
(16:41):
The ozone layer closed. After all, the industry shutting down,
all the chemicals, all the everything, everything's stupped in the
country and in the world. It seems that the ozone
layer got stronger and closed up. So I don't know.
Maybe climate change, but I'm going to talk about that
right now. Starts with me because I bought a hybrid car.
I bought the car because I loved the way it looked.
(17:03):
I loved the prestige associated with the brand. I loved
everything about it, accept the performance. I'll tell you why.
I'll tell you When I opened the hood to look
at the engine first out, I had no idea what
it was looking at. It was all foreign to me.
I grew up my whole life looking at a car engine.
I couldn't fix it. I didn't know what anything was.
Maybe some things, but I knew what I was looking at.
Now I'm looking at a hybrid vehicles from out of space,
(17:25):
and it's scary at this stage of my life. But
then the saga began. I drove it for about a
week and a half, ten days, and then all of
a sudden, the engine light comes on. Returned to dealer,
got me frightened. Upset you a brand new car. Of course,
the fortune I had to send it back to the dealer.
In reality, I had to have it picked up and
sent back to the dealership. They, in turn had to
(17:46):
confer with the owners of the brand, who shall remain nameless,
about how it should be processed and repaired. That's the
first time I ever saw a dealership needing direction on
repairs from the mother's ship. After ten days, the car
was I was so happy. A little concerned because I
drove the car and it didn't work, but I was
so happy. I loved it. One of the best performing
(18:07):
vehicles I ever had. Two weeks later, engine light comes on.
Returned to the dealer once again. The dealership picked it up.
I was not having fun with my new hybrid car.
They conferred with the owners of the brand, who shall
remain nameless, and they talked about what the fix would take.
Ten days later, returned to me. This time they talked
(18:27):
about the way I was charging it. Did I use
an extension cord? No? I did not. I directly plugged
it in. I drove the car for two weeks. I
loved it. The engine light came on. Return to dealer.
This time the dealership had new questions. Did you change
your strategy for electricity? It needs a twenty five vault,
not a twelve vote like you normally have in the house.
(18:49):
I told them I would get it done. I also
told them would be nice to know that when I
bought the car that I needed to have it installed.
I drove the car two weeks the engine light comes
on and that was it for me. I called the dealer.
I said, I don't want the car anymore. I want
you to come pick it up. I don't want it
and lo and behold what really really surprised me. They
agreed to pick up the car buy it back from
(19:10):
me at exactly what I paid for it. So, if
you ask me, something was going on with hybrid vehicles
and they didn't want to really make a big thing
of it, and I got rid of my hire good vehicle.
I want to move on from that. I have a clip,
but I want to play for you from a show
called The Landman where they talk about oil, fossil few,
(19:30):
the need for fossil few, windmill electricity, and I thought
it's something that you should hear because this has been
on my mind this week, which I haven't even got
to telling you. Why.
Speaker 5 (19:41):
God, they're massive, four.
Speaker 6 (19:43):
Hundred feet tell the concrete foundation covers a third of
an acre and goes down in the ground twelve.
Speaker 3 (19:49):
Feet Who owns them?
Speaker 4 (19:52):
All?
Speaker 6 (19:52):
Companies? We're using the power of the wells. No electricity
out here, we're off the grid.
Speaker 5 (20:00):
Use clean energy to power.
Speaker 7 (20:01):
The oil wells, the use alternative energy.
Speaker 6 (20:04):
There's nothing clean about this.
Speaker 2 (20:12):
Please, mister oil man, tell me how the wind is.
Speaker 5 (20:15):
Bad for the improment.
Speaker 6 (20:24):
Do you have any idea how much the diesel they
have to burn to mix that much concrete or make
that steel and haul this year out here and put
it together with a four hundred and fifty foot crane.
You want to guess how much oil it takes to
lubricate that thing or winter rize it. And it's twenty
year life span. Everyone off set the carbon footprint of
making it. And don't get me started on solar panels
(20:47):
and the lithium in your Tesla battery. And never mind
the fact that if the whole world decided to go
electric tomorrow, we don't have the transmission lines to get
the electricity to the cities. It'd take thirty years if
we started tomorrow. And unfortunately for your grandkids, we have
(21:10):
one hundred and twenty year petroleum based infrastructure. Our whole
lives depend on it, and hell, it's in everything that
road we came in on the wheels on every car
ever made, including yours, Sentennis, rackets and lipstick and refrigerators
and antihistamines, pretty much anything plastic, your cell phone case,
(21:30):
artificial heart valves, any kind of clothing that's not made
with animal or plant fibers, soap, handlation, garbage bags, fishing boats,
you name it, every thing. And you what the kicker is.
We're gonna run out of it before we find its replacement.
Speaker 2 (21:48):
It's the thing that's gonna kill us all as a species.
Speaker 6 (21:52):
All the thing that's going to kill us all is
running out before we find an alternative. And believe me,
if excellon thought them, you can think right there with
the future, they'd be putting them all over the goddamn place.
Getting all out of the ground's most dangerous job.
Speaker 4 (22:06):
In the world.
Speaker 6 (22:06):
We don't do it because we like it. We do
it because we run out of options. And you're out
here trying to find something to blame for the danger
besides your balls. I ain't nobody to blame but the
demand that we keep pumping it.
Speaker 3 (22:19):
It's scary. We're not ready. We're forcing this electrical vehicle
nonsense on a population. Thank god, Donald Trump said, he
let us make our own choices. But it's happening, and
after all this stuff, after all, we're doing only one
percent of the vehicles in America electrified. I want you
(22:41):
to think about that for a moment. I can't understand
what we're thinking. I understand wanting to do the right thing.
I do. Do you remember what happened in New York
after Superstorm Sandy? Well, really while it was happening, the
water overran the FDR drive, it went into the subways,
it went into the skyscraper. Is this is scary stuff
(23:02):
once again? Is it from climate change? President Trump pulled
us from the Paras Accords. Why? Primarily because China does
not have to comply till two thousand and thirty five
and India doesn't have to comply to twenty fifty. Why
they're saying, we had our industrial revolution and we got
the benefits that were derived from going full electric and coal.
(23:24):
It's their turn now they want their industrial revolution. So
Donald Trump pulled us out. It's hard to argue with that.
You know, I'm funny in a way. When I was
very young, I had a couple of things that I
said that turned out to be true. One of them,
I was twenty three years old. I'll never forget I said,
if we could all stop eating, drinking, and breathing, we'd
(23:46):
live forever. It's turning out it's true. It's not just
red dye number three that's killing us. It's everything. And
now we're going to argue whether RFK should be or
shouldn't be the nominee for the head of Youth Health
and Services whatever it is. I'm so annoyed with all this,
I can't even pronounce it right. But something is rotten
(24:08):
in Denmark or in this case, the United States. And
the issue has to do with the theory of unintended consequences.
Do you know what the theory of unintended consequences? I'll
tell you. Let's picture yourself standing by a nice lake.
You reach down, you pick up a pebble or stone,
You throw it in the lake to make a splash.
The stone disappears automatically, just goes under. But then there
(24:32):
are ripples, and the ripples go on and on and on.
Those are the decisions we're making. We're making decisions, and
there are ripples, and I don't trust the people who
are throwing the stone to understand the ripples. They're creating.
I myself me. I'm gonna admit it. I made a
huge mistake a couple of weeks ago when I talked
(24:54):
about congestion pricing in New York City. My slant and
I still agree on a bit. It is that they
were picking on me. I was a guy who could
afford to pay the price. I was affluent. It's not
going to change my life, whether it's nine dollars, twelve dollars,
twenty one dollars. I don't like it, but I felt
I was being picked on because they didn't want me
(25:15):
to drive my car to work, and I was wrong.
Write that down. I'm admitting it. I was wrong to
a degree. I'm not sure what their methodology was. Were
they doing this to ease the traffic burden in New
York City by raising the price, people would not drive
their car anymore. Did they do it to save the environment.
(25:36):
They wanted less gas vehicles, less oil used in the city,
too much pollution, good idea. The other day my son
told me, my oldest son, Jardy, said to me, drove
to the city and it's now taking between thirty minutes
and forty five minutes to navigate places quicker than he
was doing it thirty to forty five minutes. He said,
there are a lot of cars less. I've been driving
to and from the city and I started to notice
(25:58):
the traffic is way down. So I was wrong. Congestion
pricing is working. There are less cars. What I was
also wrong about is all the poor, unfortunate people who
need to drive or want to drive their cars are
no longer given a chance. They're the ones affected. They're
the ones who can't drive anymore, and traffic is way
down because they're not there. I was right. I was right.
(26:21):
They picking on me, but I can afford it. Now
they said, the city streets are empty, and we go
from here to there in a quicker time, and we
realize that the everyday man, the worker is paying or suffering,
not me, because I can afford it. But then I
ask another question. If it's to save the environment, why
are they charging electric vehicles or hybrid vehicles. Congestion pricing,
(26:46):
I wonder, starting to feel like a money grab. I
don't get it. I don't like it, I don't see it.
But it's almost at the point where that's all I
have to say on this object. But it's not because
the reality is I've had a lot of influences on
my life this week. One of them had to do
(27:08):
with PSNG, the power company that services I know Long Island,
some of New York, New Jersey, I think Chicago. I
think they're a nationwide company. They are a public company.
They've been around sant the eighteen hundreds. I got a
letter from them. But hold that thought for a minute. Well,
back to congestion pricing, because I'm thinking about it, all
the businesses having to pay for congestion pricing, the trucks
(27:30):
making all the deliveries, it's going to cost the more
money to deliver. I wonder who in the end is
going to pay for that? Oh us? So after all
a sudden done? Is this a money grab? I think?
But back to changes? What was the biggest back to
these changes? And why am I going and why am
I talking about this tonight? I'm talking about rationing and
(27:54):
I'm talking about well you'll see why I brought up
PSC and G. What was the biggest argument again Obamacare, Well,
the Republicans would take the point and most members of
common sense and logic would say, I don't want you
getting in between me and my doctor. I want to
purchase my assurance. I want to be with doctors that
(28:14):
I want to be with, and OBAMACAM would have interfered
with that. That was the number one issue that had
to be recovered. I happen to believe by the way
that Obamacare really has helped a lot of people, and
I am happy about that. But it really comes out
to a question, is a business show, what about the
financial gains for doctors or the less financial gain in
(28:37):
the equation? What is going on? What's the pebble in
the water creating? Are there less doctors because the fees
are significantly lower, and are they're going to pay the
fees for medical school if they're going to extend their
schooling by four years or ten years? Are there less
doctors out of there? Are there less people entering medical school?
(28:59):
And real reality because of that, watching those ripples unfold,
less doctors. Rationing of healthcare, which is the second issue
that came up with Obamacare, I'm starting to wonder whether
healthcare is being ration As I said, I'm a fan
of Obamacare. I think it worked. I think it gave
(29:19):
people access to healthcare that they wouldn't ordinarily have. I
think Medicare does that for a lot of people. Medicare
is an agent between the aging population and the doctors
in the drug stores, and it works, by and large,
it's good for the people. I think Obamacare, yeah, but
I do believe to a great extent. Nobody's mentioning the ripples.
Speaker 4 (29:38):
Now.
Speaker 3 (29:39):
I don't have the facts. And while I'm talking to that,
and I'm saying that's all I have to say about something,
I admit I'm not an expert, but I have a question.
I don't know how many people are becoming doctors, but
I can tell you everyone is waiting for appointments. To
get an appointment with a doctor, now, usually it is
a week or two or three at the best. I
needed an eye exam, I had to wait three weeks
(30:00):
every time I needed to go to the doctor. And
then if I'm in a doctor's office, if I get
an appointment a couple of weeks away, if I know
my doctor, of course they'll let me in. But when
I get there, I'm sitting there for an hour and
so so. In fact, it seems nobody's talking about this
healthcare being ration Traffic now is being rationed in New York,
(30:20):
and I'm wondering whether healthcare is being ration It's being
auctioned for late a time, very scary. There'll probably be
less doctors. I don't have proof. I don't know that
there are less people entering medical school. I don't have proof,
but it seems to me the price is down and
what doctors are earning less their true priority unless they
are trying to save the world. They need to make
(30:41):
a living, and they need to pay back their medical loans,
and they need to provide for their families, and they
need to think the investment in time and effort is
going to pay off. But I think rationally is the
way of the future. Now let's go back to PSC
and G because I'm not done. I received a letter
(31:01):
from PSC ANDNG this week. I look them up on Wikipedia.
Public Service Enterprise Group PSEC ANDNG the provider of electricity
places all across the country, one of the big electrical
power and gas companies. Now, let me read the letter
to you.
Speaker 7 (31:16):
You save on time of day. We've done the math
and based on our analysis, you could save two hundred
and eighty eight dollars and twenty five cents per year
on the new standard time of day rate without changing
a thing. You could save even more by making a
few small tweaks, like doing your laundry or running your
dishwasher after seven pm when off peak rates are in effect.
If you have an electric vehicle, consider charging your ev
(31:37):
only during off peak hours. You'll see the new rate
on your electric accounts starting in April, or you can
pre enroll now at psegli ny dot com slash time
of Day. Either way, we'll be here to support you
at every step in this transition. Easy ways to save.
The new standard time of day rate has variable prices
based on when you use electricity, lower during off peak
(31:59):
hour and higher during peak hours. When you have a
chory that consumes a lot of electricity, do it anytime
before or after the peak hours of three pm to
seven pm on weekdays. Just use high energy consuming appliances
like your dishwasher, clothes dryer, or electric vehicle charger outside
of peak hours to reduce your energy costs. That's twenty
hours of potential savings every weekday, plus all day savings
(32:23):
on weekends and federal holidays.
Speaker 3 (32:25):
I'm concerned we're rational electricity when you think that electric
cars represent one percent of the population, but they're eating
up electrical grid and I'm being told that I have
to use my washer and dryer at night, that I'm
being given on hours and off hours and peak hours
(32:47):
and non peak hours, and they'll give me a savings.
Why are they doing this? Are they prepared for the
onslaught of what we're doing? What are we thinking? What's wrong?
We seem to be looking for trouble. We're messing with
fossil fused gas and electricity, one of the greatest inventions ever.
And by the way, with all this stuff with electrical
(33:10):
cause and hybrids, which I just spent the last twenty
minutes giving you a point of view. Shouldn't we be
spending our time on how to figure out how to
protect our power grids from those who worsh to hurt
our nation and pre Trump, pre Pete Hedgeworth electric tanks.
We want to fight wars in the middle of deserts
(33:32):
with electric tanks. We want to go into Europe and
fight god knows who with electric tanks. What are you
thinking about? And I don't know about you, but if
I live to be a thousand years, I'm never going
to get on a plane that's electric. Never. So that's
all I have to say about that. Back in a minute.
Speaker 2 (33:50):
Always in fashion.
Speaker 3 (33:52):
I spent a lifetime of my career building the van
Usen brand, and I am so pleased that they're back
with us now talking about suits. Men were dressing up again,
and it's become cool to wear a suit. Suits can
be won on multiple occasions, in multiple ways. You could
wear a suit formally to go out at night or
(34:12):
to an event. You can wear a suit to the
office with or without a tie. If you look closely,
now fashion trends, suits are being worn with turtlenecks or
mark next. The choices are endless and every one of
them looks right. You could really really look the part.
I believe that packaging yourself is as important does the
(34:33):
products you package, and wearing a suit is one of
those things that make men look their best. VENUESN invented
a new idea. It's called the cool Flex suit. It's
been engineered with stretch technology, giving you the most comfortable
fit and mobility. It's wrinkle resistant fabric, it's cool moisture
WICKI it makes it perfect for all occasions. As we
(34:54):
discussed just now, this new style of looking sharp while
feeling cool and comfort is amazing and I'm so excited
that the van using company is involved in this new
technology and is embracing the whole idea of dressing up.
Let's not forget van Usen made it's name with dress shirts.
It's only proper that the suit business follows strongly in
(35:17):
its way. You can find van using Koolflex men's stretch
suits at jcpenny or online at jcpenny dot com. Guys,
they're great, you should go look at them. Donna Karen
began her career as one of the finest, most successful,
powerful women in the fashion industry. She developed a collection
(35:38):
aimed at the luxury market for women on the go,
women who were powerful in their workplace, women who had
lives that extended beyond the workplace, and her clothes went
from day and tonight. An extraordinary collection. But the interesting
thing Donna Karen had a young daughter, and she had
friends and they couldn't afford to buy the Donna Karon collection.
And Donna invented DK and why Donna Aaren, New York.
(36:01):
It's an offshoot of the Donna Karen collection, the same
concept a lifestyle brand. Then we talk about lifestyle brands,
what does that really mean? Simply what they say there
are brands that follow you throughout your lifestyle. You get
up in the morning, you start to get dressed Donna
Karen Decan Why as intimate apparel, as hosiery, as all
those products. You're getting dressed for work. You get accessorized shoes, handbags,
(36:25):
and it takes you through the day. The remarkable thing
about dk andy clothes for work, they work into the evening.
The dresses, the suits, the pants, the sweaters, the blouses,
extraordinary clothes at affordable prices that go from day in tonight.
Part of your lifestyle is active. You have weekends, you
have events, you participate in sports. Donna Karen's casual clothes
(36:48):
did that under the dk and Y label. A vast
array of casual sports where that make women look great
as they navigate their busy lives. Whether you go into
sock games for your children or whether you're going out
to the movies, whatever you want to do, DK and
Y Jeans, dk Y Sportswear is there for you. That's
(37:10):
what a lifestyle brand is. And I need to mention
DKY Activewear, which is extraordinary. The leggings, the sports bras,
the sweats. You can wear DKY Activewear certainly in the gym,
certainly when you're working out at home, and certainly if
you want on the street, because it's that well done.
(37:30):
The quality of dk WHY is nothing short of exceptional,
and why shouldn't it be because it was born from
the idea of luxury made affordable for women of America.
DK and Why a true lifestyle brand that takes you
from day and tonight, from the week into the weekend.
DCN why you can find DCNY and Macy's DKY dot com.
Speaker 1 (37:55):
Welcome back to it always in fashion. Here's your host,
Mark Webber.
Speaker 3 (38:00):
So go figure. I watched Forrest Gump. I listened to
him tell his story, and at the end of each
story he said, that's all I have to say about
That made me think about the show and giving you
some insight into what I have to think about that.
I don't have a lot to say, but life seemed
to be intruding on my easy life difficult things subjects.
(38:21):
I'm taking it easy, and boy, the world is making
life complicated. I said earlier there were two things in
my life that I was prophetic at that I didn't realize
what I was saying, how right I would be, I
said earlier. The first one was twenty three years old.
I was talking to my boss at the time with
chit chat and he asked me what I thought about
the world. And I said, strange question, and he said, no,
(38:43):
what do you think about the world? And I said,
if you leave it to me, I believe that if
we all could stop eating, drinking and breathing, we'd live forever.
Go know I was right. Go know how serious the
world is, how everything we're eating, breathing, drinking, everything we're
doing is a problem. I don't even want to say
what it's doing to us. It's so scary. But having
(39:03):
said that, I did have one other It turned out
to be prophetic this past two weeks. The name of
the show is Always in Fashion, and one of my
premiere concepts and Always in Fashion is Packaging yourself is
as important as the products you package. You think about
all the shops you go into, cosmetics stores, all the
(39:24):
products you see, beautiful labeling, marketing logos, brilliant. It's one
of the reasons I love to shop. I think I
love to see the packaging as much as I do
the products that I'm looking at. Packaging yourself is important
as the products you package. I can tell you as
the CEO of companies public companies, When someone walked in
to be interviewed with me, I'm good, admit it. I
(39:46):
probably couldn't when I was working there, But I look
at them and the way they presented themselves mattered. The
clothes they chose mattered. Was their hair kept or unkept?
It mattered to me. If a guy came in and
his shoes weren't shined, to me, if a guy's heels
were worn down, it said something about him. If women
came in and they were too fashionable, too many hair deals,
(40:08):
too many rings, too much makeup, too much everything, it
meant something to me. All of these things mattered. I
should say, as I always do. The way you speak
and present your ideas matters. What you have to say matters.
Whether you have a good attitude matters. There are a
million things that go into packaging yourself, But packaging yourself
(40:29):
calves and back to me being prophetic, I think maybe
some of you'll get right away when I tell you
what was on my mind this week. I am crazed
with the way men dress. Makes me crazy, how poorly
men dress. Just go to your favorite restaurant, have an
open mind. The women walked in, they got the right bag,
(40:49):
the right dress, the right shoes, the hair is done.
They look like a million dollars. God bless them, and
let me not remind you. Ladies. I'll hire your heels
the closer you are to God. But you look at
the guys there with They look like shlubs. They're all
dressed terrible, and if they try, they have no taste.
If it wasn't for bad taste, they'd have no taste
(41:11):
at all. It's insane how bad men dress. When we
originally started this book, my first book, Dressed Casually for Success,
was designed specifically to help men navigate dressing casually after
they gave up this suit. Well, I got to tell you,
the book must have failed because you guys looked terrible.
And now it gets worse and worse. There was a
whole trend with guys wearing brown and orange shoes with
(41:32):
navy suits and gray suits, and I was crazed by it.
And now it was great for the business because every
store you walked into now had sections of brown shoes
and orange shoes, and everybody was buying them like sheep,
you know, following the trend. They all needed this bone.
You looked at them, it was ridiculous. Guy walking down
the street wear in a navy suit and I didn't
see his face, I didn't see his suit. All I
(41:52):
saw was his orange shoes contrasting with the suit. Terrible.
And I spoke about it in great length. And don't
get me started on sandals, Birkenstock and guys and sandals.
I mean, I can't stand them on women. And if
I can't stand them on women, that's a statement because
it takes an awful lot for me not to appreciate
a woman for any reason. But sandals, give me a break,
(42:16):
Give me a break. But back to prophetic. I became
a golfer probably twenty years ago. I became enamored with it.
I love the fact that I was running a golf company.
I was designing clothes for golfers, and I was committed
to designing clothes that made a difference, that really made
men look good. I coordinated beautiful sweaters, vests, shirts, pants.
(42:39):
I'm not Ralph Lauren, Okay, I can ever be anywhere
near Ralph Lauren. But I can tell you he didn't
care about it anymore than I did. And I was
metthiaical on trying to make sure our golf clothes looked great.
Then I would go out on the golf course and
the men look like garbage. Back to no taste. If
it wasn't for bad taste, no taste at all. But
the worst thing of all, back to me being prothetic.
(43:03):
During my golf experience, I said, I am going to
run for president of the United States. I said it
on this radio show, and I said, my first act
will sign an executive order that men are banned from
wearing shorts anywhere in the world. They can't wear shorts anymore.
I can't stand it. I hate it, which brings me
(43:25):
to the thing that got me thinking about it. This week.
I was on Instagram, which I have to love. I
get a lot of good stuff out of Instagram. I
find it entertaining. I don't know if Instagram is a
negative or a positive. I don't know if it's a
design for kids or adults or for everyone, and whether
people think it's a bad thing. I only know I'm
entertained by it. And I was on Instagram. There's a guy,
(43:47):
Robert Herjevik, the guy from Shark Tank. Good looking guy,
dresses well talking about Mark Cuban, and he was saying
he met Mark Cuban. He was talking to Mark Cuban,
and he looked at him and said, why do you
wearing T shirts? You look like a buffoon. And Mark
Cuban looked at him and he basically said, I'm wearing
(44:07):
a T shirt because I can. I'm successful, I could
do anything I want. And there is a logic to that,
and I get it. I get it, and Mark Herdjevik said,
beware of the man in the T shirt, not the
man in the suit. And there is a logic to that.
I'm sure in some meetings we've all been in, somebody
in the back is sitting in a T shirt, not
(44:28):
dressed well, and he might own the company, you don't
know it. And I love it. And if their idea
is to look disheveled to prove how rich they are,
I get it. When I work for Phillips Venues and
the patriarch of the company's son, Larry Phillips, was my
chairman when I got there. He was chairman and CEO.
He wore suits, he had holes in his pants, he
drove a yugo. His whole thing was to prove he
wasn't rich. I'll never get that, but okay, I get it,
(44:52):
and I get Mark Cuban wearing his T shirt looking
back aup Offoon and his neck doesn't look all that good,
and he doesn't look in general. Guy has his hair
he could. I believe we have an obligation, every single
one of us, to look our best. And if you
don't look your best, you're a fool. Because in life
and society and business, you have an obligation to look
your best. Because looking your best, package yourself your best
(45:13):
will give you a better shot at success. You want
the guy sitting next to you to get the job
you want because he's wearing a nicer shirt than you.
I know it sounds vapid, but it's true. Look. I
work with two lawyers. One of them is happy as
can be. The other everything has the weight of the
world on their shoulder. Every time I have a problem,
the guy with the attitude, the good attitude dismissal. I'll
get it done. The other one I don't know. So
(45:34):
let me ask you a question. The CEO of the company,
I have to take a lawyer with me on a
trip to China. Who am I bringing the guy with
the good attitude. The guy we're in the world on
his shoulder. Same thing with the way people look. It's
not fair. We all can't be six foot two in blonde.
I get it. We don't have to be, but we
have to look our best. So back to walk Cuban
with his neck and his T shirt and not looking
his best, and Robert Herzevik explaining it and thinking he
(45:56):
said something that was prophetic. He didn't. I wanted to
be president of the United States to ban men from
wearing shorts, and I wanted to start on the golf course.
But what made life worse this week the president inauguration.
John Fennerman, senator from Pennsylvania, showed up at the Capitol
(46:20):
in shorts. What a buffoon. It's bad enough you have
that stupid goateee. You want to be taken seriously. I
don't know how you can. I don't understand why you
think it's a good idea to wear shorts into those
hollow grounds. There's a certain degree of respect required. I
don't know you, but when your daughter gets or your
(46:40):
son or your son or whatever, your be closest friend
has a wedding and it's black tie, you're going to
show up with shorts black tie. Oh maybe you have
a black tie suit with shorts. This has gotta stop.
I believe this should be a dress code in Congress.
I believe there should be a dress code for everything.
I believe that what happened with casual dressing, with the
(47:00):
removal of the shirt and tie, men lost their weight.
They didn't know what to do. That's why I wrote
the book. Up until that time, for the history of men,
everybody knew what to wear to work. A suit or
a sport coat was easy. You got dressed in the morning.
I myself had a uniform navy blue suit, white shirt,
navy tied, black tesseled office sterling, silver cuflings, and of
dainless steel rollicks. Watch you saw me For twenty years,
(47:23):
I wore the same thing every day. The only difference
was is I had many variables. They were all numbered,
and I changed them out every day. And when I
met people who didn't know me thever first started working,
I had to tell them, listen, you're gonna see me
every day wearing the same exact clothes. You're gonna think
I'm a slovenly guy. I am not. Every one of
my suits is numbered. Every one of my shoes are numbered.
(47:44):
I change off every day, but this is my uniform.
And everybody thought I was eccentric and weird, and perhaps
I was, and perhaps I was struggling with it. But
I know what I look best, and I know that
no matter where I went, I'm wearing my navy suit,
I'm gonna look my best. Bunch of cars. I'm a
car guy. Everyone is black. Everybody says that, what are
(48:04):
you crazy? Why do you buy all black cars? Why
don't you try and change them around? Because black is
my favorite car for my Because black is my favorite
color for a car. So wherever I go, I'm in
my favorite color. It doesn't matter which car. There's a
logic here. And yet I took a lot of the
word eccentric. I used to think it was a cool thing,
like John Fetterman sitting there in shorts, or Mark Cuban
(48:25):
wearing his stupid T shirt. I used to think being
eccentric until I realized it wasn't. It makes you weird, basically,
so I had to rethink it. But lo and behold.
One day, one day I read that Albert Einstein wore
the same suit every day. Why because he didn't want
to think about getting dressed in the morning. He only
want to think about solving the world's problems. So is
(48:46):
that as a backdrop? Packaging yourself is as morton as
the products your package? And Mark Cuban, I don't know you,
but if I meet you, I'm going to set you straight.
And John Fetaman, you should be banned from walking in
the Capitol grounds with shorts. Please, Donald Trump, wake up,
change the dress code for Congress. And that's all I
(49:06):
have to say about that. Back in a minute.
Speaker 2 (49:09):
Always in fashions.
Speaker 3 (49:11):
As one of the world's most celebrated fashion designers, Carl
Lagafeld was renowned for his aspirational and cutting edge approach
to style. His unique vision of Parisian shit comes to
America through Carlagofeld Paris. He has women's collections, men's collections,
ready to wear, accessory, shoes and bags. The fashion house
Carlagofeld also offers a range of watches I wear in
(49:33):
premium fragrances. You can explore the car lagofl collection at
car Lagofelparis dot com. But it's more than that. I
have for one love to shop. I love going around
and seeing what's happening and what catches my attention, what
would make me feel good to wear now. I don't
wear the women's wear obviously, but I can appreciate it
and they look amazing. If you want to look right,
(49:54):
you want to have clothes that fits you well. You
want to look like you're wearing something that's very expensive,
that's exclusive for you and yours. You can find it
at very affordable prices at Macy's Orcarlagofel dot com Paris.
The women's ready to wear fashion is extraordinary, as well
as the handbags and the shoes. I for one wear
(50:14):
men's clothes, unlike my appreciation of women's clothes. I'm a
modern guy. I want to look current. I want to
look the way I want to feel. I go out
at night, I'm in black and Carl Lagafel is my buddy.
Calls are great, they fit great, and they have little
tweaks and touches, whether it's a stripe on the sleeve
or button at the neck or on the shoulder. There's
a lot of details that go into Carlagathel because he's
(50:37):
always been, he always had been one of the world's
great designers, and this legacy and goes on and on.
I can't speak enough about it except to say to you,
you want to feel good about yourself. You want to
know that you're dressing properly. You want to clothes that
fits you well. Carl Lagafeld, Paris, Carl Lagafeldparis dot com.
I love polar fleece. It's light, wait takes colors beautifully.
(51:02):
It's comfortable, keeps you warm and even if it's warm out,
it doesn't hamper you. It doesn't make you perspire. I
love polar fleas. I also love sweatshirts, the sweatpants. Love them,
love them, love them. I'm a big fan of khaki
pants and a big fan of a golf clothes. And
I'm a big fan of Izid. I used to be
the head of Iszide. In fact, my company bought it
(51:25):
and out of bankruptcy, and the CEO of the company
asked me to come in and fix it. And he
said to me, Mark, the future of the company's in
your hands. Can you do this? And I said I
will do it. I put everything, my heart and soul
into making Eyeside the powerhouse that it is today. Now.
I left a long time ago and the company just
continues to thrive. Iseside is one of the great sweater
maker's pants, make a shirt makers, knit shirt makers, Polar
(51:48):
shirt makers. They're incredible company. The colors are great, the
fabrics are great. Guys, you ever wonder what you should wear,
I'll make it easy for you. If you're going to
be casual, go in and look at isesid now that
does and say that they don't have dress shirts and
they don't have suits. You go find them. Isaod is
a collective brand that offers lifestyle apparel to everyone in America.
And it's true, it's a fun brand, but it's also
(52:11):
priced at fun prices everyone can afford it. I love
this brand.
Speaker 2 (52:15):
Of all the.
Speaker 3 (52:15):
Brands that I'm involved with, and you can name them,
think about PVH and LVMH and all the brands, Isaod
is the one that's most personal to me because I
was involved in crafting the future of this brand. The
clothes are great, Fall is great. They're doing well. Isad
dot com, isaadat jcpenny. Go look for it. I think
you're going to be very happy. And ladies, those of
(52:36):
you the shopping for the guys in your lives, take
a look. I think they'll be very happy with your choices.
Speaker 5 (52:41):
Isaad for men, welcome back to it always in fashion.
Here's your host, Mark Webber Tonight. That's all I have
to say about that. I'm just thinking about stuff that
comes to my mind. I'm thinking it.
Speaker 3 (52:55):
I'm like Forrest Gump. I'm a little idiot trying to
live a simple life and all these crazy things going
on in the world catching my attention making me speak.
And then Soarescump said it when he told the story.
That's all I have to say about that. Well, that's
where I am. I will that's all I have to
say about that. But I want to talk Trump money
for second. I have to talk about interest versus investment.
(53:19):
I'm not sure where the President's going. He is going
to be matthiaical, maniacal, whatever the word might be, to
reduce interest rates, and I have a little bit of
a problem with that now having said it, as a
businessman with lower interest rates, the comedy should do better.
Should do better because it's easy to buy a home.
(53:42):
Your mortgage rates are lower. It's easier to buy an
automobile if you stupid enough to get credit card debt.
By the way, anyone out to you anyone out there
who has credit card debt, I don't want to ever
talk to you. I don't want to ever meet you.
Check yourself into an insane asylum right now. It is
the worst form of investment in the world. You're paying
(54:02):
twenty percent interest. Could you imagine if I was making
twenty percent interest, I wouldn't be here, I wouldn't be anywhere.
I'd be on my own plane. I'd be on my
own beach. I'd have my own boat docked at my dock.
I mean, twenty percent interest is crazy. If you could
earn it, and you're paying twenty percent interest, so your
credit cards could continue to run up. Stop it, wake up,
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pay off your credit card debt. If you have to
take out a bank loan to pay it off, the
bank you'll pay five percent, pay off the credit cards,
and you'll pay the rank five. It's even smarter than that.
But I wanted to talk about interest in investment. Yes,
it's good at lower interest rates, but is it good
for everything? It's a little tricky. Real estate. You know
what the key to real estate is is a lecture
(54:43):
in real estate location, location location, Buy real estate in
a good place and then don't sell it ever ever,
but if you have to sell it, you have to
sell it when the time is right. The only time
a real estate investment doesn't wor is when you're forced
to sell it. Hold that thought stock, I've done well
(55:05):
in stock, not necessarily investing. I was the CEO of
public companies, and I can tell you, being the CEO
of public companies, I never knew where my stock would go.
I knew how my company was doing. I knew the
company deserved for the stock to grow. But there are
far many people between me and the numbers deciding whether
or not they should invest in our company. All the
analysts from Wall Street have to believe our story. All
(55:27):
the analysts from Wall Street how to believe we'd grow
the way we did it. All the analysts for Wall
Street how to believe as the CEO I knew what
I was talking about. Any chink in any of those equations,
your stock might not have gone where it was or
where it should be. And then, of course the industry itself.
Right now, the luxury industry is struggling because the people
in China are having hard times and they're not traveling
(55:48):
as much, and that buying as many luxury goods. Does
it make the luxury goods business bad? No, but it
questions the stock mark. I don't believe any stockbrokers know
what they're doing if they're small that if they were
so smart. I go back to the great great marketing
campaign from E Trade. If your stockbroker was so smart,
(56:08):
why is he still working? Stock is a dangerous thing.
But the interesting thing about stock is the only time
you lose stock is when you sell it, when you
sell it for less than you paid for it. Now,
if you buy the right stocks, you buy the right companies,
you buy SMP five hundred over time, you sell it
when you can and when you want to. But if
you're forced to sell it, if things go south, that
(56:31):
the world is ending, you're going to lose money, Which
brings me back to interest rates. Interest rates. Were loaning
the government. We're loaning banks our money. We lend our
banks right now. You get four or five percent interest.
They take the money from me, they put it and
they go ahead and sell it as a loan to
someone else at ten percent. They can't lose money. They're
paying me five percent to borrow my money, and they're
(56:52):
selling it for ten percent and a loan to someone
great business, but it's great for me too. If I
want a simple investment that it guarantees, the federal government guarantees,
the bank guarantees, I feel secure. US Treasury bills are
treasury notes, treasury bonds guaranteed by the federal government. And
by the way, you don't pay state tax on federal
(57:14):
Treasury notes. But you go in, you give the money
to the government, and unless the government disappears Biden gone,
that's not gonna happen. You're gonna get your paid back,
and you're gonna sleep at night, and you're gonna get
your interest rates four or five percent. You're not gonna
have to pay the state tax. It's great. I love that.
I love that surety. I love the fact that I
(57:35):
could sleep at night and not worry where my money's going.
I love the fact that I'm making money while I'm sleeping.
There's something very nice about interest and the idea of
Trump forcefully lowing interest rates is of great concern to
someone like me because of what I believe in. Yes
I have stock, Yes I'm vulnerable. I bought only good companies,
and frankly speaking, most of the money I've ever made
(57:58):
in stock is from the companies I've worked for, and
I tried not to sell it because I believed that
the companies. But it got me to thinking about all
the talk about seniors. I'm worried for seniors because most
seniors have pension plans if they're lucky, or their money
is invested in banks or in Treasury notes as they
are just discussed, and it is providing income from them.
(58:20):
And if Donald Trump and the rest of the Republicans
care about our elderly, they should care about lowering interest rates.
So it got me thinking, you want to come out
with a great revolutionary plan, Donald Trump, Here you go,
whatever the bank's interest rates are, whatever the federal Treasury
bills and Federal Treasury notes are, you mandate that if
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anyone can show proof that they're sixty, sixty two, or
sixty five years in older, you will guarantee their interest
rates at four percent or two percent higher than whatever
else is going on. You want to save seniors futures,
give them a bump in interest rates. I'd do that
before I gave tax relief for tips. Why the heck
(59:03):
do I want to give tax relief for tips? Why
do I have to pay restaurants expenses, the higher workers
pay them, Why am I paying them? What's a person
at a tip to ensure prompt service? Getting weighted on
has nothing to do with prompt service. I would say,
it's more important to get your order right. And it's
only a compliination, it's only a compilation because nobody writes
it down anymore. I was in a fine restaurant last night,
(59:26):
beautiful restaurant, famous restaurant in New York. I ordered my
salmon cooked through came rare, I sent it back and
I sat there and said, in a fine restaurant like this,
what are they going to do? I had my fingers
crushed that they give me a new piece of salmon,
but they didn't, and it lost points with me. They
recooked my salmon, which should have been cooked right in
their first place. So what am I tipping for if
(59:47):
you can't even get my order right but get me
back save seniors give them a bumping interest rates. And
the last one that I have to talk about, I'd
talk about it all the time. I live in a house,
a apartment in the city of the house in Long Island.
I pay taxes in Long Island. Just make believe I
(01:00:07):
pay this crazy my astronomical number for taxes. Call it,
I'll pick it anyone in thirty thou twenty thousand and
fifty thousand. I look at my tax bill, and forty
thousand and the fifty or twenty of the thirty is
for school tax. I haven't had a child in school
for thirty years. For thirty years, I've been paying school tax.
I don't have children in school. Why don't you charge
(01:00:28):
more to the people who have children in school and
give me a break because I don't. You're worried about
people with tips. You're worried about student loan forgiveness. How
about forgiving me for being a straight shoot and making
a ton of money, paying more taxes than anyone who
could ever agree to pay dream to pay. I paid
more than taxes than I ever thought I would ever make,
and I paid that in taxes. So Trump and money,
(01:00:51):
That's all I have to say about that. With that
as a backdrop, I had fun doing this show. I
thought it was very interesting. If I do say so myself,
I hope you enjoyed it. Back next week. Good Night,