The Best Weekend Talk Show in America 3-4

Jack Armstrong makes an important declaration (actually--two) before Joe Getty details Lisa Marie Presley's financial woes.  

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Episode Transcript

Speaker 1 (00:03):
This is the best weekend talk shows in America. Maybe
the best selection adornance in the lunch room ever in
the history of the time. I've worked here. Somebody's out
to get me. Somebody somebody thinks it would be funny
if they break me. They want to see me broken.

(00:27):
Here's the boss sent out the memo, let's break Jack.
How do you know your job's in danger? Five signs
know your jobs? Number one, you've sort off doughnuts and
the boss is constantly waving donuts your nose. Having just
read on Good Morning America. Doctors believe reducing your caloric

(00:49):
intake is the best diet. Whoa slow down? I need
take a note. So this is aprophone nothing, but it
caught my eye. Oh how many of us have said, boy,
I'd love to be rich and involved in a divorce?
Most of us right? Listen to this s would you?

(01:09):
And and the punchline? First the umbrella. If you have
the topic, the folder is labeled two. Two farmers had
a dispute over who owned a cow. One farmer pulled
on the horns, the other farmer pulled on the tail.
The lawyer milk the cow. Okay, never forget true that

(01:31):
Lisa Marie Presley, before her untimely death, was involved with
a in a divorce battle with her ex husband Michael Lockwood,
whoever that is. They've been battling over child support over
the past year. The two had recently reached a settlement
where Lisa Marie are Great agreed to pay six thousand
dollars a month to the dude for their fourteen year

(01:53):
old twins and the poor kids. I mean, never forget
that they split into sixteen. That's worth mentioning. That's going
on seven years ago. This is a tangent, okay, but
you mentioned that, and this is really bob. It drives
me freaking nuts. I can't tell you how many people
have said to me as I'm going through a divorce

(02:13):
with kids and it's freaking awful, how many people have
said to me about divorce and you know who ends
up really suffering the kids? Yeah? Yeah, the freaking kids.
Is that a revelation to any of you people? That's
like news to you. Yeah, that's who freaking suffers the kids. God,
I hate it when people say, don't ever say that

(02:35):
to me, because it labels you as a freaking moron.
You know who it really ends up and they tilt
their head with them about to drop some serious wisdom
on you. You know who really ends the kids? Yeah,
no kidding, boy. That is like walking up to somebody
in a car wrect with their leg bent in half
because their femur is shattered, saying that looks like it

(02:56):
hurts anyway, Moving along, Lisa Marie had avoided paying child
support for years due to her finances being a mess.
At one point, Elvis's only child owed millions of dollars
in taxes. In two thousand four, she sold off of
her interest in Elvis's state for around a hundred million dollars.
A hundred million dollars years later, she was heavily in debt.

(03:18):
How do you do that? Oh, there's so much, There's
so much. However, last year Michael, that's the ex husband,
went back to court to claim Lisa Murray was flushed
with cash. He said she received a million dollar advance
for tell All book and was pulling in additional funds
from Luis of the release of the film Elvis. He
also believed that Lisa Murray was in control of a
trust set up by Elvis worth sixty million dollars. In

(03:40):
court documents. He also putted out she still has ownership
in Grace Land in a separate hotel owned on the property.
In response, Lisa Mury filed financial documents which revealed her
monthly income and expenses. She said she pulled in forty
four hundred dollars per month in income and another ninety
five thousand from the Elvisa States about a hundred thousand
a month. She claimed the money blah blah was in
advance she had to recoup. She said she had dollars

(04:03):
and checking accounts a negative three million dollars when it
came to her property. Oh, here's her monthly expenses. This
is part of that. I like. Her monthly expenses total
nine dollars a month. She spent twenty three thousand in
rent a month on healthcare, five thousand dollars on groceries,
three thousand dollars a month on eating out, and another

(04:26):
dollars in utilities. She spent four hundred dollars on close
per month, which doesn't seem like much given the fact
that she's spending five k on growth rates. He thinks
he'd need bigger clothes every month anyway, you know, don't
even get me started. And this stuff is all crap.
You just write it down and they just they just accepted. Okay,
so that's how much money you need you spend five
Nobody says nobody needs to spend five thousand dollars a

(04:46):
month on grocer's that's insane. They just write that down, okay,
So that's how much needs it needs to happen. Let's
see seven thousand dollars a month, oh, seven hundred on
auto expenses, that's very models. Fifteen Oh, she revealed her
massive debts. She owes two eight K to the assistant
writer who worked on her, tell all over a million
dollars old to Barclay's Bank UK for loan. She owes

(05:07):
over forty dollars on a Maserati. She leased seven hundred
thousand and back taxes five and seventy thousand to the
I R S, four hundred thousand dollars to California, etcetera, etcetera.
So but nobody at any point says, why don't she
sell the damn Maserati. Well, she's as good at handling
her finances as Elvis wasn't handling his digestive system. And

(05:28):
the lawyers get pay absolutely always say strong We are
Armstrong and Getty and this is the best weekend talk
show in America. Grab our podcast. It's called Armstrong and
Getty on demand