3-13-25 - 7am - 50 Days of the Trump Effect

Episode Transcript

Speaker 1 (00:00):
Mike on the issue of government spending. Since the Trump
tax plan went to effect on January one of twenty eighteen,
annual tax revenues have grown by forty six percent, but
government spending has grown by frightening seventy two percent.

Speaker 2 (00:18):
See Bingo.

Speaker 3 (00:21):
You can easily balance the budget if you just quit spending,
and that's what Trump.

Speaker 2 (00:29):
Look and look the.

Speaker 3 (00:30):
Spending you could maintain. Generally speaking, you can maintain the
level of spending that you need to keep the programs,
the legitimate part of the programs going, simply by eliminating
the waste fraud abuse. You might be able to get

(00:52):
to that level. But I would still argue that even
eliminating waste, fraud and abuse, we'd be better off reducing
government spending below those revenues so that you can start
paying down the debt and return money back to the
taxpayers back into the private sector. I'd be curious what

(01:16):
those numbers are. I'd have to look at I haven't
looked at it lately, but I'd be curious what government
spending is right now as a percentage of our GDP.
I think I think at one point we bounced up
close to somewhere between twenty and thirty percent may not
have been quite that high, but it was getting pretty high.
It was getting back to World War II percentages. And

(01:40):
you think about all of that money that gets spent
in the public sector. Now, I know it produces some things,
like you know, education supposedly, although if you look at
the metrics, it's not doing a very good job of it.
You can make the argument that education spending produces something

(02:02):
of value, an educated human being, but I would also
argue that if you look at the outcomes.

Speaker 2 (02:08):
Maybe not so much.

Speaker 3 (02:10):
The point being that government spending doesn't really produce anything
of value. When you produce a widget, that widget has
inherent value because you produce something that somebody else wants
to based on how they earn their money to buy
your widget. They need that widget in their production line,

(02:33):
or they need that widget for their consumption, they need
that widget for whatever reason.

Speaker 2 (02:37):
Money in the.

Speaker 3 (02:38):
Private sector grows the economy. Money in the public sector
doesn't do that. And let's go back to manufacturing for
a minute, because I've kind of struggled with all of
these pronouncements about all of this manufacturing. But the idea

(02:59):
what that manufacturing in this country was in an irreversible decline. Why, well,
cheap labor, slave labor. Thinking about China, the North America
Free Trade Agreement NAFTA or the USMCA, whatever we call it,
now that all of these jobs had left, well, yes

(03:25):
they did leave, and then unions drive wages up so
much that Americans aren't willing to do these jobs for
what they can get the labor done to produce whatever
it is overseas. But do you know that we gained
not government jobs, but ten thousand manufacturing jobs in Trump's

(03:51):
first full month alone, and that was led interestingly by
the auto sector. Stillantis, which is used to BEJEP, Nissan, Mercedes,
Benz are all expanding their domestic production. And then the
tech giants like Samsung and LG are considering relocating their

(04:11):
facilities from Mexico back to the United States. Why change
in attitude, change in leadership, change in what your philosophy is?
This is this is a reflection of confidence in Trump's
pro business policies. In fact, I have on the list

(04:33):
today to talk about once again about EPA and why
is EPA always so high on my list? Because those
those policies that EPA and then all of the people
in the Church of the climate activists, you know, all
genuflect two cost us money. I'll give you an example. So,

(04:59):
in a story that I read yesterday, Denver Mike mayor
Mike Johnston has announced a proposal that's going to loosen
these rules, all these remember all the climate bull crap
rules that they adopted in Denver. You know, you got
to get rid of your gas stoves, and you got
to you know, have all these renewable policies and everything. Well,

(05:21):
apparently people in downtown Denver, the businesses that.

Speaker 2 (05:24):
You know, the the uh, the office.

Speaker 3 (05:27):
Building owners, the office building managers, the people have small
businesses in downtown Denver have had enough. So apparently in
the background, Johnston's been negotiating with.

Speaker 2 (05:41):
These landlords and property owners.

Speaker 3 (05:44):
Who have been complaining for years now that all these
stupid green energy policies add additional economic turmoil to a
real estate industry that are just struggling with rising costs
and high vacancy rates. Well yes, but why would Mike
Johnson enter into these negotiations. I think what really happened

(06:05):
is that the mayor realized that downtown Denver sucks and
he needs to back off these stupid climate rules that
they've adopted because it is hindering the economic growth in
downtown Denver. Now, as I said, when I record the
spot for that, it may not be much, but it's
at least a tacit admission that all these green energy

(06:28):
rules are harmful to the economy, and that can be
applied here when I talk about EPA, because you'll probably
be fairly astounded when I tell you about what Lee
Zelden is doing and why that's so key too. I
mean energy is important too. I think what Chris Wright's
going to be doing is just as important. But in

(06:50):
terms of the economy, this idea of just getting rid
of regulations, is is he going to turn the business
community around? So in one of the this is a
footnote here in one of the trade magazines. You know,
I work in a highly regulated industry. Well, Brendan Carr,

(07:13):
who's the chairman of the fcc H in some interview
yesterday in one of the trades talked about how he's
I haven't seen the notice yet, but he is talking
to everybody. Everyone that is regulated in any way by
the FCC, or anyone that is not regulated by the

(07:34):
FCC but is somehow involved in the periphery of an
industry that's regulated by the FCC. He wants to slash
and burn as many regulations as he possibly can. So
he's put out a notice, a rule making notice for
public comment. What rules would you get rid of? What

(07:57):
rules would you change, What rules would you have mane end?
What rules would you eliminate? Tell me why, Tell me
what the ROI is, Tell me what the benefit is,
and I'm going to consider those.

Speaker 4 (08:10):
Now.

Speaker 3 (08:11):
If you're doing that government wide, that sends an instant
economic signal to every business owner, whether you're a radio
empire like iHeart, or whether you are a small business
somewhere that, oh, the whole climate surrounding regulation and all

(08:37):
the burden that puts on my business, we have a
chance to lift that off my shoulders.

Speaker 2 (08:45):
That is a change in attitude.

Speaker 3 (08:48):
And that's what I mean that the confidence in Trump's
pro business policies is palpable now. Realistically, at the same
time that all of that is palpable, we're still coming
off the high of this overwrought, over the top government spending.

(09:09):
That money is out there. I haven't looked at the
m values that are out there right now, but I'm
sure they're off the charts. And as long as that
money is out there flowing around and circulating until it
gets drawn down, until the government turns off the spigot,

(09:30):
you're going to have these economic doldrums.

Speaker 2 (09:33):
But at the same time.

Speaker 3 (09:36):
We've got Trump turning around regulations and turning around the
whole philosophy toward business, and that's where the palpable attitude
comes from. He's actually focusing, as he's told the cabinet,
eliminate bureaucratic roadblocks in sure fair trade has paved the

(09:59):
way for manufactcturing renaissance in the country, and all of
that will eventually re establish our industrial might. Now, objectively,
maybe we don't get back to, you know, the the
nineteen fifties and we manufacture everything, but every little incremental

(10:22):
change back to manufacturing here, particularly in the technology sectors,
that is going to improve the economy. Then you go
to the international stage, what's he done. The phrase the
new there's a new sheriff in town is reverberating all.

Speaker 2 (10:43):
Over the world.

Speaker 3 (10:46):
His action led to that release of eleven American hostages
from foreign captivity. They were held by Hamas, Russia, and Venezuela.
He's reimposed sanctions on the Iranians. He's cut off finalnantial
resources to hostile regimes. He's weakening their ability to find
terrorism not just in our country but globally. The irambacked Houthis.

(11:10):
When's the last time I talked about the Houthis? He
redesignated them as a foreign terrorist organization? What does that do?
That restores a policy that the Biden administration had abandoned.
So does that tell the Houthis, Oh, there is a
new sheriff in town. Oh, they may start actually bombing

(11:31):
our supply lines so that we can't get the rockets
and the missiles and everything we need to keep all
of our activity activity up.

Speaker 2 (11:39):
In the Middle East.

Speaker 3 (11:41):
That has an effect. And then you talk about veterans.
Trump's commitment to the military and veterans, I think it's unwavering.
I think it's solid. He signed an executive order reinstating
service members who had been out because of the damn

(12:01):
vaccine mandate even greater than back pay. He restored their honor,
he restored whatever their commissions were. He restored their commissions.
And then he took swift action against some of our enemies,
securing the capture Mohammed Jaffar shirifula the isis k terraces

(12:21):
as responsible for the Abbygate bombing that killed thirteen service members,
where Joe Biden went out and watched the arrival and
checked his watch. All of those families that were poed
at Biden for disrespecting them have all expressed their gratitude
to the President for his unwavering pursuit of justice. Without

(12:47):
going into the details yet about the EPA, let's just
talk about energy independence, which was the cornerstone of the
of Trump one point zero that's been reinstated with full
force his deck of a National Energy Emergency.

Speaker 2 (13:03):
You know what that does.

Speaker 3 (13:05):
That reverses all the Biden error era restrictions and unleashes
all of our energy potential. We've got six hundred and
twenty five million acres that have been reopened for offshore drilling.
And with the establishment I know this sounds like another committee,
but with the establishment of the National Energy Dominance Council,

(13:26):
we're once again leading the global exporter of natural gas
and we're going to continue to do that. That's going
to change what's going on in Russia. The damn Europeans.
I have a story that I haven't gotten to about
how I believe that you know one, I think NATO.

(13:46):
It's not Trump. I think NATO started falling apart. I'm digressing, hero,
just give you where my head is. NATO's falling apart.
But that falling apart started back in nineteen ninety one.
It started back with Bill Clinton, and it's been falling
apart ever since. But then Trump comes along and Trump says, hey, listen,

(14:11):
you need to be involved in your own security. So
you've got to increase your contributions to this alliance if
you want us to continue in this alliance. Now that
gets interpreted as he's trying to destroy NATO. Well I
don't think he's trying to destroy NATO. I think he's
being realistic, and he's saying, you know what, you haven't done,

(14:36):
feces in terms of your own defense. You created this
vast thing called the EU. The UK saw that that
wasn't going to work, and they entered into Brexit and
got out of it. But EU was, as he says,
was designed to hurt us. It also hurts NATO because

(14:59):
what did the EU claim to do but which I
don't think they can do, and that's to establish the
United States of Europe or the United Countries of Europe,
how are you want to phrase it? Because they wanted
their own army, but they can't do it because Europe
itself has Every single country in Europe has their own

(15:21):
domestic problems. They've got serious domestic problems. Why because they
went off of this tangent about creating this great social
welfare utopian countries and that has utterly failed, and then
comes along Russia. But we'll save all of that for
when I get to NATO and it's falling apart. I

(15:43):
just want to point out that what's really going on
here is with the National Energy Dominance Council and becoming
once again the global exporter of natural gas that has
said to the world that yeah, we're going to play
in this game. And for those of you in Europe
who are buying gas from that from Russia, you're funding

(16:05):
the very people that use the very government that you
cram for example the UK and France. All you know,
Poland wants to Poland wants to buy nukes from US.
I think what's going to happen is these EU countries
are going to be unable and unwilling because they have

(16:25):
domestic political problems. And they've seen now that it's been exposed.
You mean, we've been fighting this war, We've been supplying
all of our arms and munitions and everything else that
we can to.

Speaker 2 (16:42):
Ukraine.

Speaker 3 (16:44):
And at the same time you're doing that. Yeah, we
went our homes heated, and we want the natural gas
to power our industries. But you've been buying it from Russia.
So the people that we're fighting you're funding. It makes
no sense. Well, at the same time they look to
us and they say, okay, well we'll buy from you,
and Biden says, no, we're not gonna do it. We're

(17:06):
not gonna sell. I mean, it was one ft up world.
What Trump's doing is he's rearranging the entire world order.
This one guy, simply through leadership, is rearranging the world order.
I find it utterly fascinating him.

Speaker 5 (17:28):
Michael, Hi Dragon, I just heard your comment about the
world order. It amazes me is how many people are
just so incredibly shortsighted, barely to the tip of their
nose on their own personal individual right now interests that
they actually have no idea of the chain of events

(17:50):
that will pull them down if they don't get a perspective.

Speaker 2 (17:58):
Well, Mike.

Speaker 3 (18:01):
My response to that is that's that's human nature, and
it's and it's been exacerbated, it's been made worse by
the fact that way too many people in this not
not it's it's it's worldwide. But you start giving people
free stuff and they become addicted to free stuff, you

(18:25):
you get pretty selfish human nature, is you know, I'm
always fascinated, Like in this building, there's always not always
all of a sudden, there's lot, there's swag, just you know,
stupid stuff and or food and you just set it
out and it's just like cockroach has just come out

(18:45):
and it just whatever the swag is, it just disappears.
And whatever the food is, it just disappears. And I
mean and and and and it's grubby the way to
eat it, Like nobody, nobody thinks about anybody else. All
they see is, oh, there's a cake. Let me just
take my hands and take a piece of cake. I'm
not even thinking about taking a knife somewhere and slicing

(19:08):
itl huh, who needs silver are plates?

Speaker 2 (19:11):
That's right now?

Speaker 3 (19:12):
Just why don't you just stick Why don't you just
stick your face of it and take a bite there.
It's just it's just human nature. Well, now let's let's go.
Let's go one more direction, which kind of goes to
what uh somebody said on the text line about uh,
transgender bathrooms in public places.

Speaker 2 (19:31):
The the Trump agenda was.

Speaker 3 (19:35):
Like this whole radical leftist Marxist ideology. Now, don't get
me wrong, it's it's still there. It hasn't disappeared. But
they ran into a brick wall. They they ran into
steel beams, and and that was the Trump agenda. This

(19:55):
ale called Green New Deal scrapped. And I'll give you
more details about that because I've I find it fascinating
because it will affect so many other aspects of the economy.
That DEI mandates are being dismantled. I don't think they've
been completely dismantled. And I think this is one of

(20:15):
the areas where Trump is going to learn. And in fact,
I think now now now those who come to the
cabinet from outside government are probably going to be shocked,
very very shocked at well. I issued a memo, I
sent out a policy statement, I made a I wrote

(20:39):
a policy directive. Whatever it is that we are abolishing
our DEI initiatives. Well, the bureaucrats aren't stupid. No, they're like, Okay,
we're going to keep doing exactly the same thing we've
been doing. We'll put a new label on it. We'll
hide it somewhere, hide it by putting a new label

(21:01):
on it, a new name. You say, okay, well, I
was in charge of DEI, but I'm no longer in charge.
But now you get your assistant, your deputy, or whoever
it might be, or just somebody across the hall. Hey,
you want to take over this job. Because the government
is so big that I don't care. You would have

(21:24):
to put almost an equal number one racial one to
one political appointee to every single individual civil servant if
you wanted to truly rapidly in one hundred percent change
like DEI mandates. Because it's so fast, it's so huge,
it's so bureaucratic that they can they can, and I

(21:48):
mean this literally, they can just say, okay, we're going
to slap a new name on it. And I will
just go to my boss, who happens to be a
Chris career civil servant, and say, look me, Michael Brown,
I was in charge of DEI, but my friend across
the hallway, Dragon Redbeard, we're going to put a new

(22:09):
label on it, will make him the new director of
the DEI Initiatives, although it's now called something else, and
I'm gonna start doing what Dragon was doing.

Speaker 2 (22:19):
And so he gets buried.

Speaker 3 (22:20):
And then the political appointee looks around and says, oh,
it's disappeared. Yeah we got it done. No no, no, no, no,
you didn't get it done. It's still there. So while
I would while in terms of leftist and Marxist ideology
being brought to a halt, yes they are doing what

(22:41):
they need to do to start the dismantling of it,
but it hasn't been accomplished yet. But on the other hand,
they're doing something that is necessary to even even if
you play the game like I just played, another effective
tool bureaucratically if you're a political.

Speaker 2 (23:02):
Appointee is to cut off the money.

Speaker 3 (23:06):
Because once you cut off the money, now you because
when you know, either an inspector general or the chief
financial officer, whoever it might be, is going to be like, well,
you don't have any money to do that, so we
might need to eliminate your position. So as we go
through and look at where we are in terms of positions,

(23:27):
you might get riffed. But that's just the real that's
the real world of how I was talking to somebody
in LA yesterday about the weekend program, and I was
and I use that exact phrase with him. I want
to tell my audience how it really does work, and

(23:49):
that example is how it really does work. But Trump's
still doing things because I think in his four years
in the wilderness where he comes out the other side
of Trump two point zero, he recognizes I think, and
I also think that Susie Wiles, who understands how government works,

(24:09):
his chief of staff, is guiding him. So he's doing
executive orders that are restoring merit based hiring within the
federal bureaucracy. He is trying to halt I don't think
he's accomplished it yet, but he is on the process
of halting anti American and doctrination in schools, and he's

(24:30):
ending coercive diversity of initials and corporations. And again, as
an example of leadership, I can't I should have thought
about this before I said this. I can't think of
any companies, but I know we've read stories about companies
who have like I think J didn't. Jamie Diamond at
JP Morgan Chase, didn't he do it? I think Jamie

(24:52):
Diamond's one that I can recall in somewhere in my
numb school head that Jamie Diamond, of his own accord, said,
you know you, we're wiping this out and you're coming
back to the office now. Is it just coincidental that
Jamie Diamond decided to do that with his company or

(25:14):
did he do it because he finally felt safe and comfortable.
Not that I think Jamie Diamond's a wimp, because I
don't think Jamie Diamond's a whimp at all. I think
he is a strong, bullheaded, strong manager and corporate leader.
He is a titan of industry. But I think the

(25:35):
change in the government gave him a little bit of
cover so that this was a good time for him
to exercise that leadership and say, you know what, we're
in the private sector. In my world of the private sector,
we're getting rid of it too. In other words, when
Trump sends the message that ideology is not going to

(25:56):
dictate our policies, that carries over into the private sector.

Speaker 2 (26:00):
Two. Law and order.

Speaker 3 (26:04):
Trump's always been a law and order guy, but now
it's returned to the forefront to.

Speaker 2 (26:12):
And again, it seems like I got now it's too
much detail.

Speaker 3 (26:22):
If you think back over the past four years, if
you think through the Biden administration, we had George Floyd,
we had Black Lives Matter and TIFA, we had you know,
the Summer of Love. We had all of that crap
going on. What was the response by the political leadership,

(26:43):
and I use leadership loosely there. What was the response
by those who were in positions of leadership because they
really weren't leaders. Oh, they put on their colorful African,
you know, robes, and then they dropped a knee, including
members of the military dropping a knee, members of the

(27:05):
Department of Justice dropping a knee. We all suddenly genuflect
to those in our society who would commit acts of violence. Well,
first thing Trump did, because of his own personal experience,
he cracked down on politically motivated warfare. He ended the

(27:26):
persecution of pro life activists, He ended the persecution of
cops Christian Americans. He granted full pardons to those that
were unjustly targeted under Biden's administration and those that they
went after because of January sixth, Trump reinstad This is
one that completely went past me when I'm making a list.

(27:47):
Did you let Trump's reinstate to the death penalty for
federal capital crimes. I didn't realize that law and orders back, Baby,
law and order is back. I don't care what you
think about the death penalty, whether you're.

Speaker 2 (28:01):
Pro or a pro or con.

Speaker 3 (28:05):
I see both sides of it. But just taking that
action says to the world and says to the country,
We're not going to coddle you anymore. We're not going
to bend a knee anymore. And in fact, just like
we talked about yesterday, the expulsion of the Syrian who,

(28:27):
if I hear one more time him described as an American,
he is not an American.

Speaker 2 (28:32):
He's a Green.

Speaker 3 (28:33):
Card holder, but he is not a citizen of this country.
And everybody keeps telling me, well, you can't deport him.
He has free speech rights. Yeah, he does have free
speech rights. He doesn't have the right to vandalize or
to unlawfully occupy administrative offices or prevent students, particularly Jewish students,

(28:54):
from going to class at Columbia University. Those are crimes
for which someone who's here on a visa can be deported.

Speaker 4 (29:03):
What do you think, Justin Trudeau is doing right now.
Do you think he's taking a vacation to Cuba. Maybe
he's visiting his buddy mccron in France. They're so sad
for Canada that they have basically the same horrific leadership
with Mark Carney that they did with Justin Trudeau, maybe
even worse. Glad that we upped our leadership last November

(29:29):
in the US.

Speaker 3 (29:30):
Now, everything that I've gone through for these first fifty days,
today's the fifty first day.

Speaker 2 (29:39):
That Trump is done.

Speaker 3 (29:42):
I can't think of anything that I've listed that isn't
being met with resistance either law fair trying to stop him.
And by the way, the Supreme Court, based on some
of the district court cases, are going to have to

(30:04):
really face up to exactly how much authority to do
two separate but equal branches of the government have, the
executive and the judiciary, Because we've got judges out there
making personnel decisions. We've got judges out there that that

(30:24):
as I saw somebody on X yesterday say that we're
going to reach a point where if Trump has to
deploy troops somewhere, that some judge is going to say, wait.

Speaker 2 (30:35):
A minute, you're doing this all wrong.

Speaker 3 (30:38):
I think you ought to be putting this battalion over
here and this and this patrol over here, and you
got to micromanaging everything. That's how bad it's gotten. And
I'll get because I'm at the point where he's doing
things that put Americans first, and that's not you know,

(31:02):
I still I always cringe a little bit about that
America first, simply because of the whole World War One
situation and Charles Lindbergh and their isolationism. But he's done
things like ending the unfair practice of forcing women to compete.

Speaker 2 (31:19):
Against men in sports.

Speaker 3 (31:21):
Now he's taken that step, but he still has to
fight it. But just taking the step makes me happy,
because do you think over the past four years, how
many times I mean, you know, what would be interesting
would be and I'm not gonna take the time to
do it, but to go back and find all of

(31:42):
the times that kream abdul jabar cream. Jean Pierre was
at the podium in the Brady briefing room being asked
questions by reporters, and she would her answer would be, well,
I can't address that from this podium. You need to
go talk to the Department of Justice or you know,
the president really believes, and the President is doing.

Speaker 2 (32:05):
X Y Z, and we knew it was just a lie.

Speaker 3 (32:07):
The President wasn't doing anything or about women competing against
men in sports. Oh you know what, Well, you know
we believe in in treating everybody equally. Well, you know what,
that's just bull craft, tot the bull craft. He's trying
to safeguard children from these radical gender ideologies, trying to
ensure that tax dollars aren't used to fund foreign pet projects.

Speaker 2 (32:29):
Oh, I got some stories on that today if I
can get to them.

Speaker 3 (32:32):
He's cutting bureaucratic cred tape, he's trying to restore fiscal
Responsibility's trying to end the waste fraud and abuse displague
the government. And I am astounded. I shouldn't be, but
I am. I'm astounded at how if Democrats are so
desperate for messaging, they're so desperate to be seen doing something,

(32:54):
and you can't even say we support the president in
trying to eliminate waste, fraud and abuse. That tells you
everything single thing that you need to understand about the Democrats.
They're actually for the waste frauden abuse, because for them,
it is not waste frauden abuse, it's their gravy train

(33:16):
and they don't want to eliminate it, and that's been exposed.
The season of reveal just keeps getting brighter and brighter
and brighter. Now again, I caution you, Oh, we're going
to have bumps. It's not gonna be sue safely. But
as as I've always said, just taking that first step.

(33:39):
Holy cow, fifty days