2025 12-21 DAVID CARRIER PODCAST HOUR 1

Episode Transcript

Speaker 1 (00:01):
He served at the Pentagon as an army jag. He
graduated from Notre Dame and has two law degrees from
Boston University and Georgetown University. He's been practicing law for
over thirty years. He's your family's personal attorney. It's time
for the David Carrier Show me too.

Speaker 2 (00:22):
Welcome. Hello, Oh is there a real show going on? Hello,
and welcome to the David Carrier Show. I'm David Carrier,
your family's personal attorney, and you have found a place
where we talk about a state planning, elder law, real
estate and business law. So if you have a question,
any comment or concern about Will's trusts or probate, if

(00:44):
you're wondering, how do we know. Had a client come
in You've been a client for over ten years, came
in this past week and he said, now, you told
me this was going to avoid nursing on poverty or
you know, not going to go broken long term care.
I said, yeah, yeah, that's right. Oh yeah, Well, anyway,

(01:05):
it's been climbed for quite a while and little the
little did I know that, Uh, there was a little
lingering skepticism there. And the good news is, uh, you know,
it took about and well, we took an hour and
a half. I mean it was uh, you know, just
kind of laying out everything that was in the plan,
uh to do exactly what, exactly what I'm talking about.

(01:29):
You know, it's funny. It's funny when you run into
somebody like that where you know you've done the plan,
it worked, you know it, and and there's this lingering
hmmm does that really work? And I understand that. I
understand the uh, I understand the the what do you

(01:50):
want to say? Skepticism, the the really you know, and
he was telling he was telling me, you know, there
are folks who that he knows that his friends where
they say, oh, I'm with Dave Carrier, and the eyebrows
go up because this there's this notion out there that

(02:15):
this stuff doesn't doesn't really work. Well, you know, we've
been at this show now for I don't know, it's
got to be around twenty years something like that. There
are some there are some things I don't know, like
exactly how many years I've been on the radio or
the TV or all the rest. I do know that

(02:37):
I started in nineteen ninety, right, So it's so we're
going on I guess that makes it thirty six years
of doing this kind of stuff. I do know that
we have tens of thousands of families. I know that
right now we've got forty three families who are receiving
Medicaid benefits using our techniques, using the same things I

(02:58):
talk about here all the time. You know, that's where
the rubber hits the road. And I guess that's kind
of the issue. There was some there's a question mark
about you know, family member and you know, what do
we do now and does this really work? You know?
There was that was the that was sort of the
impetus for the you know, for the visit and for
the for the questioning. But you know, it's one of

(03:20):
those things where he had the I would say, common sense,
good faith, and all the rest of it, to go
ahead and do something that is unconventional. It's so important,
I think, to recognize that what I talk about and
I have been talking about consistently here is not the

(03:45):
way it's done. It's done, okay, you under you get that.
I mean, what we are doing is really not the traditional.
It's not the conventional. It's not the customary. It's not
that Okay. There are four things that we're doing here,

(04:05):
with the long term care planning, with the estate planning,
with the whatever you want to you know, whatever label
you want to put on it. Four things that I
feel are distinguishing. Four things I feel are very different.
And the difference comes from the feeling of difference comes
from talking with other attorneys, you know, what they think
they're supposed to be doing. From my experience, I told

(04:28):
you at the beginning of the year, you know, we're
looking to go national with this idea, all the rest
of it. Well, we had a number of law firm,
ten law firms who signed up for it. Now these
are people who paid us money, me and my partners
to learn how to do the kinds of things that
you hear about every week from me. Okay, how to

(04:49):
use these techniques, how to you know, bring them to
a wider audience. Right. We had people from San Diego
to Staten Island. Right, Well, we still have San Diego
and Staten Island. We still have them, but half of them,
at least half have dropped off. You know why, because

(05:10):
they wouldn't do it, They wouldn't stick with it. So
when I tell you that this is not traditional, there
are people who will Mouth, and we put them through
the training, We explained to all the legal technical right,
we gave them the tools. We did a lot of
handholding with these characters. Okay, and at the end of

(05:31):
the day, the conventional, traditional, customary way that they had
been doing things was insurmountable. I mean, this is how
I'm analyzing. And I'm looking at this, I'm thinking, how
in the world is it that you've got examples. You've
got me, You've got my buddy in Miami, you got

(05:54):
the other guy in Pittsburgh. Okay, you know that this
approach were these people and we've been in relationship with
these people or professional organization what have you, you know
for years. It's like when those were not strangers to
these folks, right, and then they paid us a whole
ton of money to go through the training, do the marketing,

(06:14):
do all the do all the setup and videos and
blah blah blah, but no follow through. And it's like,
where does that come from? You know? I mean, I
mean where I'll tell you. I'll tell you what I
I'll tell you what I think. Uh. Do you remember

(06:38):
that there was this exercise program called P ninety X
P ninety X and it was supposed to turn you
into a piece. Right. Well, you know, back in the day,
I was you know, I was airborne. You know, I
rode crew. I ran miles and miles a day, and
you know all the rest I was in I was

(07:00):
not in the shape today. Let me put it that way,
you know. And uh, you know, getting getting old and
faddle do that to you. Okay, fine, but there's this,
uh you know, the program P ninety x woo. And
so I went ahead and I got the secondhand, I

(07:21):
must say I got. I got the DVDs. Right. You know,
we're supposed to teach you how to how to do
all this magical stuff. And the only thing I did
was by the I played a couple of them, and
I'm like, there's no way I'm doing that, which you
know now, I am very proud of myself. Every morning

(07:43):
at six thirty, I get up and I do half
an hour on the elliptical. What good does that do me? None? Measurable,
No measurable good. I'm not turned into a P ninety
X beast. No, but at least it's something I do
and I whatever, okay, but there's no measurable results. I
can't I mean, seriously, I track my weight and there's

(08:05):
no there is no measurable results. Anyway. The point is
the point is that if you're used to doing things
in a certain way, and attorneys are used to doing
things in a certain way, our whole system of precedent,
you know, established authority, blah blah blah, all that kind
of stuff, right, it's all built on that, right, It's

(08:26):
not built like like if you think about and I'll
talk about this more when we get back, but I
mean when you think about, how is it that you
learn stuff? I mean, how do you learn about estate planning? Right? Well,
most of the time, frankly, you don't. You don't learn
about estate planning. What you do is you go to

(08:46):
somebody you know who's got some sort of reputation deserved
or not right for being. Oh that's the lawyer, you know.
I can burn. I remember my parents getting their will done,
and it's like, why'd you go to that guy? The
guy who does the drunk driving, the guy who does
the contracts, the guy who does it was a general
practitioner on Cape cod right back in the day. And
I said, well, he's the lawyer, you know, as if

(09:08):
as if being a lawyer just you know, was like, oh,
you know that that. You know, you're the you're the
you know, the oracle at Delphi. You know, if you're
the lawyer, oh, you must really know what you're doing.
And the fact of the matter is he didn't. And
it was a piece of crap. And yeah, when I
finally knew enough to know what it happened, you know,

(09:30):
to appreciate actually what he was doing with this, what
this guy was doing, it was terrible, but it was typical.
You see. That's the thing, that's the thing that absolutely
drives me around the bend. It was the well I
got the I did something, I got the p ninety right,
I got the the new way of doing things. And
if I did that, I'd probably looked like Jack Lane

(09:53):
or something. But I didn't. You know, Charles Atlas, you
know that man is the worst nuisance on the beach. Okay,
you know what I'm talking about. Anyway, Well, I'll talk
more about it. It was just that this past week
it was one of those where where you thought, jeepers,
you know, I would have thought that after all these years,

(10:15):
this would have been the kind of folk who really
understood what we were doing. Not at all, well, not very much.
You've been listening to the David Carrier Show. I'm David
Carrier inviting you to give us a call. Six one
six seven seven four seven four twenty four twenty four.
Six one six seven seven four twenty four twenty four.

Speaker 1 (10:36):
This hour of the David Carrier Show is pro bono,
so call in now at seven seven four twenty four
twenty four. This is the David Carrier Show.

Speaker 2 (10:47):
Wellcome back to the David Carrier Show. I'm David Carrier,
your family's personal attorney, so I'm not your family's personal attorney,
in which case then just taking artistic license there, a
little bit of you know, poetic what have you. But anyway,
you're listening, so that's that's all that matters. Six one
six seven seven four twenty four twenty four is the

(11:08):
number to call that six one six seven seven four
twenty four twenty four. I'm talking this morning a little
bit on a situation that came up last week. And
it's not unusual. It's not in you. It was just
a little bit different. It's not unusual for someone to

(11:30):
work with us and not really quite get what it
is we were doing. You know what I mean, because
there's so much of so much mysticism out there, I guess,
you know, in terms of this stuff, and it was
it was a little difficult because there was that skepticism
you know about you know, does this stuff really work well?

(11:51):
As I said, right now, we've got over forty families
who are benefiting from it, you know, and you figure
somewhere between ten and fifty thousand a month is what
they would be paying, which they're not paying. So I
don't know, is it four hundred thousand, is it six
hundred thousand something like that right now today per month

(12:12):
there are regular families because this stuff works. It works
every time, every time you do it, it works. It
just works. So why isn't everybody doing it? Is kind
of the challenge. And then the idea is, oh, that's
the guy in the radio. It's like, okay, well, why
don't you get somebody else who's been on the radio

(12:33):
for hours every week right willing to take whatever questions
you have putting it on the line. No, no, you
don't want that radio guy. Oh no, you might actually
understand what the hell he's talking about it. It's like, okay,
now again, I want to make very clear that I'm

(12:56):
not making any claim to doing what everybody else does. Okay,
I'm not saying that. I'm not saying that I will
do what someone else is doing with most other folks
in my experience, and my experience is based on the
documents that people bring in conversations with other attorneys, including
as I was saying before, including attorneys who claim to

(13:19):
want to do this stuff. That was the most eye
opening thing for me. I have learned so much over
the last few years trying to broaden the message, trying
to I've had over the years. I've had two or
three people who I've personally coached. No charge, I don't
do that. I'm just trying to help out in different

(13:43):
different states who understood that the real problem here is
not that you're gonna die, It's that you're gonna live.
You're going to consume everything you've built up in sixty years.
It's going to happen very quickly, right, and then you're
going to leave your spouse broke effectively broke, not one
hundred percent, not bank but what some people do that
I mean, it happens over and over and over again

(14:05):
that they're actually broke, and none of it is necessary.
It's just so unnecessary, and yet it's what people do
because they're in deep denial about the fact that hey,
guess what, dementi is a real thing. Eh, you know,
Oh that never happens. Oh yeah it does actually, and
people get old and when they get old they need
more care. Everybody knows this except the people who are

(14:26):
actually getting old, needing care and just living in denial
about the thing. And so yeah, so that's a little
bit of a touchy thing. Is that a touchy thing
to tell people? Oh, you know, you're not you're not.
You've worked all these years. And see that's the thing.
Because you work all these years, you think I've done
everything to get me across the finish line. Now here's

(14:48):
this jerk telling me it ain't gonna work. And everybody
else is telling me it's just fine. My financial advisor
says it's fine, my insurance agent says it's fine. My
son in law says it's fine. Right, other than laws
as it's fine. All these people tell me everything's okay,
don't worry about it. And here's this guy yaka yakin. Well, well,

(15:09):
getting over the ingrained traditional perspective, the customary what is
the state planning about getting over that home is. It's unbelievable.
It's so difficult. And I don't mean for regular folks,
because here's the deal. Here's the thing that absolutely that
absolutely saved me personally, right, was that folks in West

(15:33):
Michigan were willing to listen. Right, So I come here
after you know, I had my brilliant military career, got
extra medals, got to go to the Pentagon as a
young captain in charge of projects brief in the generals.
Oh wonderful, right, I really, I really thought I was something,

(15:53):
you know, And I got my oh tax degree from Georgetown.
Oh that's wonderful, right, And then I to work for
a big law firm, very nice that everybody was very
nice to me. I'm not arguing, but I came over
here and I fit in the big law firm like
a square pegan round hole or however you want to
talk about that. Right. It was not a good fit.

(16:14):
It was a very bad fit. And they were so
nice to me. It took them two years to finally
break it to me that you know, you've got no
place here. And that was nineteen ninety Okay, And as
I say, I mean oh, I'm mister wonderful here doing
all these great things and then all of a sudden,
you know, get the hell out. And they didn't put

(16:34):
it that way at all. It was very nice. Anyway.
My point is that I that's the only time I've
ever been fired, you know what I mean, like like fired, fired,
And there are people don't want to work with me.
I get that, but you know, like fired, fired, like
it really mattered. And so I set up on my own.

(16:56):
And the thing that I appreciated so much, which which
I guess is one of those things that just keeps
driving me, is that people would listen, right, regular folks
would listen. They would accept it. They would if you
did the job, if you did it, they would give
you the benefit of the doubt. They would they they

(17:16):
you know, working out of a one room one it
was one meeting room in a thousand square feet between
between a little Caesars in a in a barbershop, you know,
and and you know I was on the radio then,
you know, back then. But people here, regular folks, folks

(17:38):
like my mom and dad would give me the benefit
of the doubt. And that's that's what started it. And
it's like and the fact that the fact that regular
folks so much estate plans being done for those people,
and it's bad in my opinion. I mean, it doesn't provide.
There's no follow through, there's no follow up over the years.

(17:59):
The last time you saw the lawyers when you sign
the documents. I mean, that's a ninety plus percent story
when I talk to folks. Okay. The fact that there's
no plan for long term care. Oh, I guess it'll
work out somehow. The fact that you think that it's
a yellow brick road for your kids, that there's no
planning which could easily be done. Easily be done, you know,

(18:22):
where you could protect what you're leaving to your kids,
for the kids, For the kids, I mean, I'm not
saying lock it up against the kids, but i mean
facilitate the kids. You could do that. And then finally
treating iras the way they should be, because that's just
a middle class thing, right. Iras are not for the wealthy.
Wealthy people don't have iras but don't need them. They've
got plenty of other tax breaks, but middle class people do,

(18:45):
and they're blown up, wasted routinely. It just sickens me. Well,
there must have been some magic there. Anyway, You've been
listening to the David Carrier Show. I'm David Carrier, your
famili's personal attorney.

Speaker 1 (19:01):
David's got the how too you're looking for. Just call
seven seven twenty four. This is the David Carrier Show.

Speaker 2 (19:12):
Well, come back to the David Carrier Show. I'm David Carrier,
your family's personal attorney. Now's the time to give us
a call. Stop this rant. I don't want to hear this.
It's Christmas time anyway, right, Hey, how do you know
that why is today which is December twenty first? Right?
Why is today the day that lawyers speak the least?

(19:33):
The day that lawyers will speak the least. The answer is,
it's the shortest day of the year. That's right, It's
the first day of winter. See, so you can use that.
You can use that yourself today. You know, just how
do you know that today's the day that fill in
the blank? Will you know be less annoying than any
other day during the year because it's the shortest day

(19:57):
of the year. Right, See all you get around here?
Good advice, am I? Right? Good advice? You know just
listening They have an ad for these give them the
gift they'll really use, and you know what it's for.
It's for the thing I think that you're supposed to
use to shoot intruders with. It's like a personal defense weapon.
Wouldn't it be great? Right? The gift you'll really use.

(20:19):
He can imagine opening up the presence. You know, hey, hey, yeah,
I don't know how you guys do it, but we
go in turns right, and somebody opens it, everybody appreciates it.
Then you want to the next one. But you know,
if somebody cheats and you know, breaks the line, Hey
you hey, I've really used this thing anyway, Sorry about that.
So what am I talking about today today? It's just

(20:42):
sort of a general it had happened last week. I'm
talking to a client. It's been been a client for
quite a long time. His assets are protected and in fact,
the spouse may at some point sooner rather than later,
need care. And I guess there was this this sort

(21:04):
of thing like does this really work? Which is a
real which is a real thing. I know that when
my own mom needed the long term care, you know,
it was a nursing home and all that. The fact
that I mean personally, it's like I've been doing this
already for quite a while, and it was like yeah,

(21:25):
and I'm telling my dad, don't worry about it. It works,
it works, blah blah. And he was wondering if it
was legal, and I'm like, yeah, that's legal. This was
in Massachusetts, which is much much more stringent than Michigan.
In Massachusetts, if you don't plan ahead, they put a
lean on your house, a mediciated mortgage, mass health mortgage

(21:45):
on your that's what I call it, on your house. Okay, here,
they wait till you go through probate and then they
snatch your house. Whereas there they get in the head
of the line. Okay, well we protected it because we
put it in one of these drusts like ten years before.
So it's like, no, you really don't have to worry
about this. And just going through that personally, you know

(22:10):
what I mean. I mean, like I've seen it, I've
already seen it thousands of times, but going through it yourself,
it's like, oh, I have to confess, that was really
sort of a oh, this stuff really does work, you
know what I mean. So I'm not I'm not criticizing
anybody who wonders, right, but like I say, the folks

(22:35):
here were. You know, it's been what I said, now,
thirty six years doing this stuff at the same stand.
All right, I've been here thirty eight years, but two
years with the big law firm and before they showed
me the door, and in the nicest way possible. I

(22:56):
always have to say that because I really do appreciate
the way they did it. Was it was just man,
it's not done that way anymore. All right, nobody does
it that way anymore. But back in the day it
was a much more genteel sort of thing, and like
I said, it was very I just have an undyingdtic
gratitude that they handled it the way they did, just
very very classic way of doing it. I still got broomed.

(23:23):
But anyway, So thirty eight years of doing this and
just seeing literally thousands of families for whom it has
actually worked. You know, oh does it work? Yeah, yeah,
it works works every time you do it right. And
yet to still have folks who are like questioning it.
And the problem the difficulty is that it is non conventional.

(23:48):
It's not the way it's done. All right, We're not
doing things the way I think It's a much better way.
I think it's the only possible way for middle class
folks is to do it this way. And so, but
just as an illustration of how difficult it is, right,
we had ten attorneys, you know, I formed a partnership.

(24:08):
This was three years ago, formed a partnership with some
other guys to like teach this and we've been trying
various methods and what we finally decided, you know, we thought, well,
you know, if we're in partnership with these folks, if
we if we train them like crazy, if we give
them incentives, if we hold their hand, if we if

(24:29):
we do all the advertising for them, if we do
the intake for them, if we do everything, then right,
how can they screw it up?

Speaker 1 (24:39):
Well?

Speaker 2 (24:39):
They screwed it up, you know, I mean they who knows?
I mean I could. It's a laundry list of things
like booking a venue without you know, oh I'm gonna
have a workshop at this place at this time. So
you get a bunch of people there and it's like, oh,
I forgot to book it? What? What? How is that
even possible? Right, I'll get it. How what? And then

(25:05):
then the questions from the attorneys you know who are
working with us, and It's like, how can you we
covered that on day one and there's still anyway. Long
story short, I haven't given up on the dream. Have
not given up on the dream, which is to bring
this kind of plan. Make this the conventional, make this
the customary, so that people demand when I get my

(25:28):
estate planned done, I want you to follow through. I
wanted to actually work. How about that. I want to
know that over the years, there's going to be a commitment.
There's going to be an ongoing involvement. You didn't just
sell me, you know, a folder of documents. This is
this is a solution to a real problem, a lifelong problem,
and you know it's going to work. And you've got

(25:50):
a plan here for going into the future, which we do.
And then you're going to protect me against You're going
to protect the stuff that I've built up over the
years from my spouse to me. You know it's gonna
be protected against long term care. See, everybody has a hobby, Okay,
everybody has a hobby, and you spend what I call

(26:11):
ridiculous money on the hobby, whether it's fishing or hunting,
or pool or woodwork or everybody quilting or floral arrangements.
Everybody's got a hobby they spend ridiculous money on. Okay,
but except for the gamblers and not most of you.

(26:33):
You're not gonna go broke that way, right. You don't
buy too many bass boats or oh you know, the
Muslim was on sale, so I bought a warehouse. It's
not gonna happen, right, I mean, you're not gonna go
broke that way. But long term care will take the
most frugal people and break them in half. Right, There

(26:55):
goes the life savings, there goes what you were hoping
for the grandkids, for your kids, whatever, gonzo. Okay, well,
we got to protect against that, it seems like to me,
and that's what That's the second thing that we do
that's different. That it's very difficult to train attorneys in
my experience, to do. Even motivated attorneys who've paid for

(27:15):
the privilege to be part of this thing. They don't
get it, they don't believe it, they don't they're not effective,
and it's like it drives you nuts. The third thing
that we do that's different is we protect any inheritance
that's going to your kids. It's protected for the kids. Right,

(27:36):
life is not a streat path. There's all kinds of
weird stuff that happens out there, okay, And when it happens,
either either you've protected the inheritance for the kids, for
the kids, right, or you haven't. I don't know anybody
else who does protect it for the kids. I mean,
I've seen lots of estate plans. I haven't seen very

(27:57):
much protection. I haven't seen any protection in them. You know,
beneficiary designations. Oh, lady Burdeed, you might as well put
the money on the sidewalk and say, hey, you know,
come and get it. Ridiculous. And then the fourth thing
is iras are very special, very special. The rules, the
advantages that people lose routinely because they don't know what's

(28:20):
going on with the IRA and haven't been told, oh,
just put your kids on it. It's like it's insanity.
But those are the four things. And we haven't given up.
We haven't given up on the idea. But we have
given up is the idea of being able to train
anybody else to do it, anybody else to incorporate this

(28:41):
into their own practice. It's just too hard because the ruts,
the wheel ruts are just so deep to break out
of it even if you want to. I mean, that's
what That's what I've learned over the over the past year.
It's like some people can do it, new lawyers especially, right,
but it's not going to work that way. So what

(29:03):
we're doing now is what we call company stores, where
we maintain everything, we hire the lawyers, do, we do everything.
We're doing all the background stuff anyway. So now that's
what we're doing state by state. So I haven't given
up on it. I mean, it's the right thing to do.
The only question is and it works, and it works
and it does work. The only question is how do

(29:25):
you how do you make sure that it's what happens?
And you can't count on I haven't been able to
count put it that way, I haven't been able to
count on other people to do it. That's very, very disillusioning.
On the the you know what, what are you going
to do? Light when candle or curse the darkness? I'm
all about lighting candles. Even listening to the David Carrier Show,
I'm David Carrier, your family's personal attorney.

Speaker 1 (29:49):
David's perking and working and taking your calls. Now this
is the David Carrier Show.

Speaker 2 (29:58):
Wellcome back to the David Carrier your show. I'm David Carrier,
your family's personal attorney. I apologize for, you know, a
little self indulgent, indulgent, self indulgent first hour here, but
is the shortest day of the year, so it's you know,
I get to be the least indulgent on this first
day of the year. So just to just to kind

(30:19):
of recap it, you know, talking to a client, longstanding,
assets protected, you know, all the rest of this, and
there's so much you know, whisper, whisper about oh that
doesn't work or that's full of bloney or whatever else.
And as I as I indicated before, we've got over
forty families right now, right now receiving the benefits that

(30:43):
they otherwise wouldn't. They'd be burning through their life savings
to pay for stuff they already paid for. I mean, imagine,
imagine that you need a bypass right and you go
to Medicare, and Medicare says, oh wait a second, you
still get a four oh one k. Yeah, we'll spend
the four oh one k come back and see us
what kind of what kind of BS is that? Oh?

(31:06):
No social Security for you? And they talk about this
idiots you know, Oh, no social Security for you because
you actually saved Oh okay, so wait a second. Now
you're telling me that if I spent beyond my means,
if I went bankrupt a few times and I didn't
save anything, then then I would get social Security. But

(31:27):
only if I was an idiot and I didn't save
anything else. Yeah, that's the deal. Imagine that was the
deal for Social Security. Imagine that was the deal for Medicare.
That is the deal when it comes to long term care.
It just seems like self evidently bs to me. So
self evidently designed to penalize the middle class. Who's the

(31:49):
one who's actually paying the taxes. It's like, hey, you're
the only ones paying taxes because the rich people are
too smart. Those other folks they don't have any money
to pay taxes with. So we're gonna we're gonna rack
the taxes on you. Oh and by the way, we're
not giving you the benefits that these people don't need them,
and those people get it for free. It's like mind blowing.

(32:11):
Here's another thing, Just how is it? I don't know
if you've ever ever met anyone from Europe? Have you
ever met a European person? Right, Like if you ever
went to if you ever went to Disney World, right,
Disney World is full of Europeans, and they're very nice.
I'm not saying anything against them. They're very nice people.

(32:32):
Let me chit chat with them all the rest of it.
And you find out that they've got six weeks of vacation.
It's illegal for them to work more than like thirty
five hours a week or whatever the hell it is.
You know, overtime, it's like illegal, like in France, it's
illegal to work overtime. Anyway. I'm not a French lawyer,
so don't quote me on that one, but I think

(32:54):
that's true. I'll check. I'll get back to you on
that one. But the point is the point is that
these people aren't working very hard, right, and here they
are at Disney World. So it's like, what, how is
it that we've got all this debt? And you say, oh, well,
you know, the military is very expensive. The military is

(33:15):
very expensive. Huh. The brand new Gerald R. Ford class
aircraft carrier, the first one of them, costs fourteen fourteen
one four billion dollars fourteen billion dollars. That's a lot
of money. Can we all agree on that? Everybody's like,
oh my god, it's so expensive. The rest will cost
less because they put all the R and D research

(33:36):
and development into the general too, the first one, right,
so the rest will be cheaper, like eleven billion dollars,
which is still a lot of money. I think we
can agree on that, right, which is about how much
they stole in Minnesota, these people, I mean, the reason
it just seems I could be totally wrong on this
because I haven't done the math. I should do the math.

(33:57):
I will, but it seems to me that when you
look at all the fraud that's going on right, whether
it's Minnesota or now it's in Boston, or imagine California, California,
can you imagine how much, how much just wasted fraud
is going on there. I bet you we'd have a
balanced budget if you could, just if you could just

(34:19):
get some of that money back, don't you think? And Okay, okay,
so these people are all you know, that's why we
have deficit all the rest and then they tell you, you know,
how awful you are to expect to expect that. You know, yeah,
you paid for the Social Security, Yeah, you paid for

(34:41):
the Medicare, Yeah you paid for the medicaid, the long
term care. You paid for all that, but you aren't
getting it because you were stupid enough not only to
pay the taxes, but actually to save some of the extra.
You saved the extra. Therefore, therefore you don't get You
don't get what you're paid for because you also of

(35:05):
what kind of insanity is that? But that's what we're
And then and then you know what people like you do.
You know what people like you do. You come to
me and you say, well, you're telling me that I
can do all these things, and then I won't go broke.
But I think that's too good to be true. That's
what people say, it's too good to be true. It's
it's like you're living in a country where you're the

(35:28):
one paying the bill for everything. Think about how how
how twisted, how whoever it is that's running the show here,
and it ain't you and me, but whoever it is, right,
how successful they've been at twisting things around so that
you think, you think that to get something back for

(35:49):
the money you paid in right, that you shouldn't go
broke is like too good to be true?

Speaker 1 (36:00):
What what?

Speaker 2 (36:01):
How did they manage to do that? How did they
manage to convince regular folks right that qualifying for long
term care right, unlike social Security, unlike medicare right, which
it's just too obvious that you're paid for it, you
should get it back. But long term care. They managed

(36:22):
to convince us, convince middle class folks that getting a payback,
getting something out of what you paid into on the
same terms as everybody else is wrong. It's like, oh,
that's too good to be true. What what What was
the last time you paid for something you thought it

(36:43):
was too good to be true that you actually got it.
I'll tell you when you got anything out of the government, Well,
tell me I'm wrong, tell me I'm wrong. But I
just see so many middle You see farms go away,
you see businesses caught. You see people lose the cottage

(37:04):
and all the rest of it. You know what I mean.
It's so destructive of the middle class. It's so destructive.
And it doesn't have to be that way, you know.
You get the thing with people are slamming on the boomers.
It's like, hey, you know, boomers worked really hard. Boomers
are the ones who put you through college. We're the

(37:25):
ones who invented cell phones and PCs, and all the
rest of it, Thank you very much. Okay, a little,
you know, a little gratitude wouldn't be too bad. But
but what the boomers are unable to do is do
that wealth transfer that everyone's been talking about forever. As
long as I've been doing this, I think it's Boston
College comes out with this saying, ooh, wealth transfer of

(37:46):
trillions of dollars, and you say, where did it? The
wealth get transferred to the long term care system to
provide for services that you're already paid for. Oh, by
the way, so you can pay for everybody else too,
because the way the system is set up, fifty percent right, Oh,
I'd say, depending on how you measure, it's either fifty
percent or a third of what you pay for a

(38:06):
private pay room doesn't go for your care. It goes
for somebody else who they can't kick out. What who
isn't paying it all? Didn't qualify for the Medican. If
you've got a question about how that works, I'm more
than happy to go into excruciating detail on that one.
I do promise that in the second hour we'll do
all fact cases. We'll do We've got a bunch of emails,

(38:27):
we'll get to those but so important to understand. It
seems like to me that the system can work for
you if, if, if you are aware of the problem,
which is what I've been screaming in the wilderness for
twenty years, to do right, and if you can take
advantage of the solutions that are really out there. It's

(38:49):
like tax plannings, like anything else. Right, It's like anything else.
If you want to get it done, you gotta know
how the system works, and they got to work the system.
It's like anything else. It's like writing a check. It's
like you know you had a job. There was a
way to do it. There was a way to be successful.
That's all I'm saying. And it's important to me that

(39:12):
middle class folks who worked and saved, did all the
good things should not be ripped off at the end
of the day. That's what it's all about. You've been
listening to the David Carrier Show. I'm David Carrier, your
family's personal attorney, inviting you to go to the website
Davidcarrier Law dot com. Talk to our AI assistant. All
kinds of great stuff there. People are really enjoying that thing.

(39:34):
So Davidcarrier Law dot com