Money and Politics

The Place Where Money Meets Politics

Hour 2

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Episode Transcript

Speaker 1 (00:05):
It's the Financial Guys Radio Show with hosts Glenn Wiggle
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Speaker 1 (00:33):
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Speaker 1 (00:43):
The only place where money meets politics.

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Give me liberty or give me death.

Speaker 5 (00:51):
Freedom is a fragile thing, and it's never more than
one generation away from extinction.

Speaker 1 (01:00):
And now, here's the Financial Guys.

Speaker 3 (01:08):
Welcome back.

Speaker 6 (01:08):
You've got the Financial Guys right here on the Financial
Guys Media Network. Glenn Wiggle, Mike Lomas, and Mike Hayflick
now joining us in the studio here. We're talking a
little about Social Security and obviously a lot of fear
around with the potential for reduction of Social Security. You
hear a lot of rumors going around, oh my God,
it's bankrupt in 2030. I remember going back a decade
or two decades talking about it. Here I'm talking about
the lockbox.

Speaker 3 (01:27):
Don't worry. There's no lockbox, folks. There's no money. There's
no money. There's no pool of money there. It's nothing.
It's zero.

Speaker 6 (01:35):
Social Security is nothing more than a Ponzi scheme, right?
Take somebody else's money to pay somebody else off. If
they had done it the way they were supposed to
do it. They were supposed to actually have that money
stored away somewhere. They were supposed to actually take the
money out of your paycheck and put it into an
account so that you had it later. No, they use
your money to pay somebody else. So the money that
they're taxing you right now out of your paycheck, when

(01:55):
you look at your FICA and your Social Security and Medicare,
that money is not going to a lockbox for you.

Speaker 3 (02:00):
No, no, no, no, no.

Speaker 6 (02:01):
That money is going to pay off somebody else who
is right now drawing Social Security. So essentially, your taxes
you're paying now are funding somebody else's Social Security income.
Just like when you retire someday and throw out Social Security,
the people that are working will be funding your Social
Security income, right?

Speaker 3 (02:17):
But there's no money in a lockbox. And when they
talk about running out of money, what they're talking about
is they're getting to a point where there's an imbalance, right?
Where the Social Security is growing, the distributions are more
than the revenue they're bringing in, and there's a complete imbalance.
Could they take them other places? Absolutely, right? To your point, Mike,
welfare would be a great spot to start. How about

(02:38):
money we're sending overseas? Yes, exactly. USAID, I think there's
some money there that we just got back, thankfully.

Speaker 7 (02:44):
Let's see.

Speaker 3 (02:44):
How many countries are we sending money to that hate us?
We'll start there. Right.

Speaker 6 (02:48):
By the way, USAID stopped. Not to get off on
a tangent, but just real quick. USAID, they took the
money away. They shut down the agency. And a lot
of things happened around the world, including in this country,
that I found very, very interesting. One of the most
important things, which really goes to show that the USAID
was a CIA funding arm, right?

Speaker 3 (03:10):
So they could influence culture and things like that.

Speaker 6 (03:14):
Now, we know that the CIA bought up all of
the LSD supply back in the 60s and basically were
the group behind the counterrevolution and all the drugs and
the hippie movement.

Speaker 3 (03:24):
That was CIA. That was all engineered, right?

Speaker 1 (03:27):
Right.

Speaker 6 (03:28):
So what happened after they dried up USAID money dried up? Well,
for the first time in like 30 years, there's no
rap song in the top 10 or 20 or whatever
it is, right?

Speaker 3 (03:39):
All of a sudden, rap just drops off.

Speaker 6 (03:41):
Has the CIA been funding that cultural movement of violent
rap songs, which has then influenced a violent section of
our culture?

Speaker 3 (03:51):
It looks like it. It looks like it. It's crazy.
It really does. It's crazy. We're talking about no money
for Social Security. We're not no money, but worried about
Social Security. Then we're finding out the CIA is running
in L.A. It's insane. Holy cow is right. Exactly. But anyway,
so there's money there. There's money there, folks.

Speaker 6 (04:11):
So when the answer comes down to we're going to
take away benefits from this giant voting bloc, who is
the largest and probably most consistent voting bloc, and that's seniors.
Or are we going to raise taxes or take more
money from other people? I think the answer is pretty obvious, right?

Speaker 3 (04:26):
Right. They're going to take more money from other people.
So I wouldn't worry. I'd worry if you had other people,
but I wouldn't worry about losing my fans. It's not
as huge a concern. Can I ask you, Mike, specifically
about Social Security? I mentioned something two breaks ago. People
with resources... really have the most amount of options when

(04:48):
it comes to selecting Social Security. And we're guilty of this.
And thankfully, you came on our team years ago to
help us understand Social Security more. I was one of
these financial advisors, which I would bet 90%, maybe even
more than that, of financial advisors really, truly don't understand
Social Security, right? They're managing money. I was one of

(05:09):
these financial advisors. two decades ago that, you know, hey, look,
we pick it or we don't, right? It wasn't, I'm
managing the money. But, you know, it's such a huge
part of people's income. And then, you know, when you
came along as a certified social security claiming strategist, which
there's very few in the state of New York, a
handful that are actually certified to understand social security, and

(05:30):
you develop the social security guy's team, we realize, wow,
there's a lot to this. And the more money people have,
the more options they might have, right? No doubt.

Speaker 8 (05:38):
And I think there's a case to be made in
our industry. We're supposed to be, and we're held to
a fiduciary standard. And There's a case to be made,
I think, that you could almost say that advisors who
don't address this in a more robust way are literally
negligent of their fiduciary responsibility. Think about this. Like we

(05:59):
worry and people often say, well, I have enough wealth.
I thought I could take three, four, five, six, seven
percent out of it every year and I'll be OK. Well,
if you're talking about just taking six, seven percent out
of your wealth, but you're thinking, gee, Social Security could
be anywhere from 40 to 80 percent of your income stream.
How are we not addressing such a huge problem? part

(06:20):
of an income stream in someone's retirement. And then if
you're someone who's married and you or the surviving spouse
is then widowed, how are we not thinking of them alone?
You're thinking of people together. The other thing that advisors
often do, which is really, it's a terrible disservice to clients,
is they think of the accumulation years similarly to the

(06:44):
distribution years. And it doesn't matter what your average total
return is in retirement. If you have three consecutive years
of 12% down, 18% down, 24% down, it doesn't matter
what your average was over the next 20 years when
you've depleted all of your wealth. So you can't think

(07:05):
of the same methods of average return, stay invested, diversification.
That all matters when you're you're accumulating, but you have
to look at your wealth as how little of it,
what's the least amount of it that I'll need in retirement.
And we can solve for that. We can do that
like a crystal ball, not like a crystal ball to
see what the markets do. But so many people rely

(07:28):
on or hope for good markets in retirement. You can't
do that and think you're going to have this high
probability of success.

Speaker 9 (07:34):
Yep.

Speaker 3 (07:35):
So true. When it comes to the investment side of it, right,
and understanding the sequence of events and how you take
money out of your account. So, so, so.

Speaker 8 (07:42):
Yeah, the market sequence and whatever sequence they're going to,
you don't know upon retirement. So, you know, we all
know you don't want to sell low and then buy high, right?
If you're in down, down markets and you still need
the funds to provide your income streams. It's just such
a perilous, perilous thing to do. You are not going

(08:02):
back to full-time employment, folks. Like if you're 60, 65, 70.
And you deplete your wealth, it's gone. There's no recharging it.
There's no more dollar cost averaging in. In fact, we
call that dollar cost ravaging.

Speaker 1 (08:17):
That's what you've done.

Speaker 8 (08:18):
You've gone through your wealth way too fast. And now
you have low guaranteed amounts of income if you didn't
plan properly.

Speaker 3 (08:24):
And it's just a terrible thing.

Speaker 8 (08:26):
The thing that really sucks, guys... is people get to
this point and they say, Oh my gosh, like now
I can't travel to go see my kids. Now I
can't take the grandkids to Disney. Like I can't do
these things that I thought I could do.

Speaker 5 (08:39):
Right.

Speaker 8 (08:39):
They plan for it and then can't do it. So
you can prevent it. Our book is beyond break even,
and you can get the free copy of PDF flip
books or an audio version at beyond break, even book.com.

Speaker 1 (08:51):
Yeah.

Speaker 3 (08:51):
It really is.

Speaker 6 (08:52):
Yeah. The financial guys.com. You can call the office as well.
We'll direct you in the right direction for that. You
mentioned dollar cost ravaging, and I like that term because everyone's–
I think not everyone, but a lot of people are
familiar with dollar cost averaging, right? And it's amazing because
people do the wrong things at the wrong time, right?
When the markets are down, we have a bad year.

Speaker 3 (09:10):
We're going to have a bad year. One or two
out of every 10 years is going to be a
bad year, right? 2022 is a bad year. Every single
sector of the market was down except for oil and
gas in 2022, right?

Speaker 6 (09:17):
So it was a bad year. The S & P
lost like 20% that year. What people tend to do
when they're accumulating wealth is the wrong thing. Oftentimes I
hear people go, well, the market's not good this year.
So I've just dialed back my 401k contributions for a while.
You should be doing the opposite, right?

Speaker 3 (09:32):
When the markets are down and you're buying, like when
you're 401k, when your dollar cost averaging and putting money
on a regular basis, when the markets are down, especially
if it's over three years, you know, your example, down eight,
down 12, down 18, whatever, you know, if you're putting
money away, you're taking advantage of lower prices, right? And
you're buying more shares.

Speaker 6 (09:50):
But when you're taking money out, if you're relying on
liquidating shares, this is why I always tell people, especially
with wealth, I've seen people, with a million dollars in wealth,
one mutual fund that's a target allocation fund.

Speaker 3 (10:03):
And I think to myself, are you insane? Well, it's
been fine. My whole life has been great. Well, what
happens in a down market?

Speaker 6 (10:10):
You can't pick and choose which part of that portfolio
you want to take money from. So you can't decide
on how much of that portfolio is going to spin
off the income that you need. You simply have to
liquidate shares of that portfolio, which is going to include
the stock side as well. So you're going to be
selling low to fund the income that you need. Much
better plan is to diversify with individual positions so you

(10:32):
can control them yourself. And more importantly, from an income standpoint,
To your point, not liquidating shares, but using dividends and
interest as part of your portfolio to drive the income
that the client needs will help to alleviate that dollar
cost ravaging kind of scenario. So the planning is really
just key, folks. And we use very sophisticated software for

(10:53):
some of this stuff. I mean, none of this is
rocket science, right? We're not brain surgeons. We don't have
a special necessary skill where we're opening up somebody's skull,
but it is a lot of work. There's tools and
techniques and education and background and experience that goes into
what we do and how we plan and how we
build portfolios and how we build financial plans. We've been

(11:14):
fortunate enough to have been through great markets. We've also
been fortunate, I'll say, to go through some pretty awful markets.
I mean, in our career, we had two of the
worst bear markets in the entire history of the.

Speaker 3 (11:25):
Country, right? The 2000 to 2003 tech rack and the
2008 tech rack.

Speaker 6 (11:30):
Housing crisis, you know, on the scale of things like 73,
74 was just as bad, if not worse, lost 50
percent of the equity in the market over that two
year period.

Speaker 3 (11:40):
And the Great Depression outside of that. But we got
two of them right in just that one period of time.

Speaker 9 (11:46):
Right.

Speaker 3 (11:47):
So, you know, we've had the experience to understand how
to build a portfolio that can sustain long, long term growth. while,
you know, also, you know, navigating the complexities of down
markets and, you know, very volatile markets or just flat
out bad corrections, right?

Speaker 6 (12:03):
So we've been through it multiple times. John Thur, he's
been through almost, I think he's been through the 73, 74.
I mean, he's been around forever. No, he started in 1980,
but he's seen, I mean, he's 45 years of experience,
46 years of experience.

Speaker 3 (12:17):
We've been doing this a long time. We have a very,
very deep bench.

Speaker 6 (12:19):
And if you want to use us as a resource
and use our expertise to help you, again, call our office, 833-FIN-GUYS,
or go to our website, thefinancialguys.com.

Speaker 3 (12:29):
So it's great to be able to.

Speaker 6 (12:33):
Help people and It's great to talk to somebody when
the markets are down and say, no, you're good.

Speaker 3 (12:37):
Everything's fine.

Speaker 6 (12:37):
You might be down a little bit, but the market's
down 20, you're down six. And by the way, your
income's already set for the year, and we're not liquidating
anything you don't have to worry about.

Speaker 3 (12:44):
Taking advantage of it.

Speaker 8 (12:45):
That's the right plan. We actually just made the workshop
that Russ and I have been doing now together for
nearly four years. I've been doing it for about 11 years.
But a more abbreviated workshop is now on our Financial
Guys website. So if people want to go there, I
believe it's at Financial Guys Events.

Speaker 3 (13:04):
We need a commercial on that, by the way.

Speaker 8 (13:05):
And you can simply give us your name and email address,
and you'll have access to that workshop. So take a
look at some of the concepts. We pivot to other
things like... should we consider Roth conversions? If you're still accumulating,
should we consider not using the traditional 401k anymore? Stop
deferring taxes. Deferring simply means you'll pay the taxes later.

(13:28):
And I think many people, they think year to year,
year to year, And they think, how am I going
to reduce my taxes this year? How about next year? Well,
we think of it as like, hey, this is a
lifetime of taxability. And not only your own lifetimes, maybe
your children's lifetimes matter to you. And so what kind
of legacy do you want to leave? Do you want

(13:48):
to leave a very heavy tax-laden inheritance to your kids?
Or do you want to start planning now with intent
and say, you know what? We're tired of paying the
taxes we pay. However, the bigger picture is that doing
more tax paying now is definitely going to suit us
in our own retirements. Maybe the surviving spouse far better

(14:09):
because now you're a single taxpayer table, right? When you're widowed,
it gets horribly worse as far as tax paying. And
then if you pass, your kids inherit a whole bunch
of tax deferred wealth.

Speaker 3 (14:21):
It's so funny you said that because I had a
conversation with a client earlier this week and I was
talking about specifically taxes. And I said, so many people
focus on And rightfully so, right? Like, oh, what stock
should I own? What bond should I own? How is
my investment model doing compared to dot, dot, dot? And
I'm like, you know what? I mean, if you don't
do the right stuff, the government's going to take half

(14:41):
your money.

Speaker 8 (14:42):
That's right.

Speaker 3 (14:43):
That's a pretty big rate of return for those IRS agents, right?
And they make out really well.

Speaker 8 (14:48):
That's right.

Speaker 3 (14:49):
Very little overhead, take whatever they want. That's right.

Speaker 8 (14:51):
And we often say it's not what you make, it's
what you keep.

Speaker 3 (14:54):
Right.

Speaker 8 (14:55):
What do you keep? And so what do will you
net yourself, yourself and your wife or spouse and then
your kids?

Speaker 1 (15:02):
And I was right.

Speaker 8 (15:02):
The financial guys at the events tab just scroll down
and you're going to see online webinar, social security. gain
access and all you gotta do is hit that button
and uh yeah if you're 30 30 minutes you're at that.

Speaker 3 (15:15):
Point right where you're in your late 50s early 60s
haven't collected social security yet great opportunity to pop on
the website and check it out and start to educate
yourself on i'm getting some of that money back and
when you know you think about those numbers like 30
000 35 000 whatever you're getting back every year Think
of that in terms of lump sum money. How much

(15:37):
lump sum money would you need to generate that every year?
And if you said, okay, there's a few, we'll pick
a number, a few hundred thousand dollars sitting there, would
you educate yourself on how to get your money back?
You'd say, absolutely, right? And then it comes to Social
Security and they're like, I think I'm just going to
take it. They don't do any training, any understanding of
where it's coming from. So 833-FING-GUYS. That Social Security workshop

(16:01):
is on our website, thefinancialguys.com.

Speaker 5 (16:04):
Yep.

Speaker 3 (16:04):
Yeah, slash events, slash events. Go right to the bottom.

Speaker 6 (16:07):
There's a lot on the website, so if you go
to slash events, you'll find it right there on the
events tab.

Speaker 3 (16:11):
And it's free, right? So just watch it and educate yourself.
Get the book.

Speaker 6 (16:15):
Get the downloaded book as well. But it is a
big decision. You mentioned how much of a lump sum.
If you want to generate an additional $ 30, 000 of income,
you need roughly $ 800, 000 to $ 1 million.

Speaker 3 (16:25):
To do it. I mean, you're talking about a 4% distribution.
It's not small. It's like, oh, $ 30, 000. No, no. If
it's $ 300, 000, they ain't doing it, right? So it's a
big lump sum, right?

Speaker 6 (16:33):
I mean— So either you work on saving that and
don't care about your social security decision, or you try
to get as much of your money back as possible
net after tax. And that is a key thing because
people forget about the tax benefits of of Social Security.
Just look at the pure numbers. So anyway, switching gears
real quick, guys, back to a political note. Remember when
New York State, I don't know if they actually passed
this or not, but remember when New York State passed
or tried to pass a law where you couldn't look in.

Speaker 3 (16:56):
The backgrounds of people? Remember that?

Speaker 1 (16:57):
Yes.

Speaker 3 (16:58):
Oh, yeah. You couldn't look in the criminal background. Of course,
we have to because we can't violate... Did that end
up going through? I don't know. I know there was
a time frame on it to do that.

Speaker 6 (17:05):
I don't even care because we're under federal regulations and
federal regulations, the SEC and others require us to do
background checks. So I don't... It doesn't matter to us
what the state law is. We have to in our industry.
And that's a federal law. So we ignored it. But
I don't know if they passed it or not, but
this is pretty insane. This is a story out of Albany. Syracuse,
excuse me. And you're not going to believe it. And

(17:27):
this is sad because, again, this is what happens when you.

Speaker 3 (17:30):
Put liberals in charge of running stuff. We always start
every story about New York off with, you're not going
to believe this.

Speaker 6 (17:34):
You're not going to believe this. You better sit down.
You will not believe this. A city employee who is
a registered sex offender. was arrested on child sex crimes
after Democrat-run city council banned the city from asking job
applicants about their criminal history.

Speaker 3 (17:51):
Unreal.

Speaker 6 (17:52):
James DeSantis is a level three sex offender with convictions
in 2005 and 2024 for child sex crimes.

Speaker 3 (17:59):
Wow.

Speaker 6 (17:59):
He's now facing 11 new charges for attempting to rape
a 12-year-old girl he allegedly threatened her with a gun
to meet for sex. James was hired by former Democrat
Mayor Stephanie Miner's administration in 2017 and was later promoted.
The city did not run a background check on him
per CNY Central.

Speaker 3 (18:20):
First question is, why is this dirtbag not in jail? Right, exactly.
So let me just share a story that Glenn shared
with me, and I didn't know this prior to starting
this show. If you get caught in Florida keeping a kingfish...
you could get up to five years in jail. This
New York Democrat scumbag, yeah, undersized kingfish, this New York

(18:43):
Democrat scumbag has done multiple, hurt children multiple times, and
is not only back out on the streets, but our
taxpayers are We're hard funding his lifestyle. It's right back. Like,
this is amazing to me. Like, again, Democrat, Republican. And
I'm going to say Democrats because you're the ones pushing

(19:05):
this radical agenda. It was a Democrat that hired. Yeah,
for sure. Disgusting. Disgusting. I mean, we could argue and say, well,
there's a lot of Republicans that sort of watch this happen.
But the Democrats seem to be the ones like forcing
it to happen. Like they like that. That's that's their team, man.

Speaker 6 (19:21):
So the city in 2014, the city council, this is Syracuse, right?
The city council passed the ban the box law, which
restricted the city from asking job applicants about their criminal history.
Nobody even looked this guy up when he was hired.
The mayor confirmed that he has since been let go
of his position.

Speaker 5 (19:41):
Yeah.

Speaker 3 (19:41):
But it doesn't matter, right? So they're going to get
more applications in.

Speaker 6 (19:45):
They're not going to look at any criminal background history,
and they're going to put these people in jail. in
a city office potentially working with kids I mean, there
are jobs at the city that work with kids.

Speaker 3 (19:56):
Yeah, summer programs.

Speaker 6 (19:57):
How are you hiring people to work with kids with
no background checks, criminal background checks whatsoever?

Speaker 1 (20:02):
Oh, my gosh. Crazy.

Speaker 3 (20:04):
As always, you're not going to believe this, but it's true.
I couldn't imagine that, you know, and financial guys not
running that check and then finding out that when we
have our group parties and people bring their kids that, oh,
we hired this person. You know, knowing his background. And,
you know, when Santa Claus is coming in in December
to see all the kids, you know, X, Y, Z

(20:26):
is there. I mean, just disgusting. Absolutely disgusting. How anybody.
votes for this, supports this. And don't tell me, well,
you know, I'm an old school Democrat. That's over. That's all.
That's gone. Think about this. You could murder somebody in
New York, right?

Speaker 6 (20:42):
You could be let out, let's say, after 25 years.
You serve your prison sentence, right? You're 25 years.

Speaker 3 (20:48):
You get out, right?

Speaker 6 (20:49):
Maybe you commit other things in jail or whatever. you
have a potential to go work for the city of Syracuse.

Speaker 3 (20:54):
Right. That's crazy to me.

Speaker 7 (20:56):
Right.

Speaker 3 (20:56):
Like they're not going to look at your background. I mean,
you could be in the accounting department and next to
you is a Ponzi scheme runner, a guy convicted of fraud.

Speaker 5 (21:05):
Right.

Speaker 3 (21:05):
I mean, it's insanity. Next to you could be somebody
who stabbed somebody 18 times. I'll tell you what, you
should look at that.

Speaker 9 (21:14):
Yeah.

Speaker 6 (21:15):
You should look at the questionnaire sometime that you have
to fill out to become a broker or Series 7.
If you're a FINRA-registered person like we are, we're SEC
and FINRA, but on the FINRA side specifically, the Series
7 and all that good stuff, when you go through
what they call U4, that's the document that you have
to fill out to register yourself with a new broker
deal or a new relationship. The questions on that U4

(21:37):
include things like, have you ever been convicted of fraud?

Speaker 3 (21:41):
If you check that box, yes, you're out. There is no, okay,
no problem. No, no, no, no.

Speaker 6 (21:47):
Any yeses on any of these things have to have
a full explanation, which is then going to be reviewed
by the regulators and the firm you're trying to go
work for. Nine times, 99 times out of 100, you
are barred from the industry. You're not working in the industry, period.

Speaker 9 (22:01):
Right.

Speaker 3 (22:01):
And that's a good thing, folks. You want that, right?
You don't want people that have fraud convictions or things
like that managing your money. Of course not. Right. So
it's appropriate for that. But again, he's talking about these
are this is this is a liberal brain rot is
what this is.

Speaker 6 (22:18):
I don't know how else to say it. It's anywhere
liberals run anything. it's let's take away background check nobody
thinks any of this is reasonable i mean it's just
ridiculous to think and the towns get worse right the
towns get worse they all get worse city above last
weekend is removing basketball hoops because they're afraid that that
people are going to get killed on the basketball court

(22:39):
right it's not like it's not like they do all
this stuff and it ends up being this beautiful paradise
where everybody gets along it's like Wait a minute. It
went from a 10 to a 9 to an 8
to a 5 to a 3?

Speaker 3 (22:50):
That's right.

Speaker 6 (22:51):
So I don't know if you know who Gad Sad is.
He's a professor up in Canada. He's a very, very
well-known guy. He has millions of followers on Twitter. Very influential.
He's been on Rogan and many others. Brilliant, brilliant guy, right?
Absolutely brilliant man. Would love to get an opportunity to
interview him on this show someday, but I'm not sure
we'll be able.

Speaker 3 (23:08):
To do that. But he's a great guy. So anyway,
so he wrote this on Twitter. I follow him on Twitter,
and he's absolutely right.

Speaker 6 (23:13):
He listed all the different things that are positions that
are completely decoupled from reality, as he puts it, and
they're all espoused by one political party.

Speaker 3 (23:23):
Defund the police. Open borders.

Speaker 6 (23:26):
No human is illegal. People should not own guns. There
is a genocide against trans women of color. Women can
have penises. Do not procreate to protect Mother Earth. Islam
is peaceful. Indigenous knowledge is greater than white science. Black
lives matter. COVID does not spread at BLM rallies. There
is no objective truth.

Speaker 3 (23:44):
All is relative.

Speaker 6 (23:45):
Zionism is Nazism. Free, free Palestine. Israel is a Nazi state.
Each of the latter positions and countless others fully decoupled
from reality are espoused by one side of the political aisle.
Think carefully about whom you vote for. And he's absolutely
right about that. And there's so many others. I mean,
how many other crazy positions are there that Democrats have taken? Oh,

(24:05):
I'll give you one. In California, they just passed a law.
I don't know if it's actually signed in yet, but
they just passed a law where you can actually kill
your baby up to 28 days after birth.

Speaker 3 (24:15):
After birth. Get out of here. No, I'm telling you.
That is, man. California passed a bill. I don't know
it's all the way through yet, but they passed a
law that could allow babies to be covered 28 days
after birth by using the word perinatal, which is a
period that includes up to a month after a baby
is born instead of prenatal before birth. Now, a similar

(24:38):
bill that could effectively legalize and fantasize by blocking investigations
of infant deaths in Washington has been signed by the governor.
So you bring a baby home a week old and
you kill her, it, her, him, whatever. And now there's
you you're barred from investigating the death. Wow. Come on.
Washington State, run by liberals. We'll take a break on that.

(25:01):
We'll come back, talk more Social Security, maybe, too, on
the other side. Absolutely. All right.

Speaker 10 (25:06):
803.

Speaker 6 (25:06):
833-FIN-GUYS, if you need us. TheFinancialGuys.com. We'll be right back
here on the Financial Guys Media Network.

Speaker 11 (25:19):
From the WAM 1180 Newsroom, I'm Anthony Penasowicz. The Cornhill
Arts Festival returns for its 58th year this weekend. Running
all day today and tomorrow, the festival features artist booths,
four different entertainment stages, and local food and beverage vendors
throughout the Rochester community south of 490. A Rochester-area social
club is paying over a million dollars to take care
of federal fraud allegations. The Genesee Valley Club agreed to

(25:42):
pay more than $ 1 million. after allegedly obtaining Paycheck Protection
Program loans at the height of the COVID-19 pandemic and
then trying to get them forgiven. And the Monroe County
Medical Examiner's Office is working to identify the person found
at the bottom of the Genesee River Gorge on Friday evening.

Speaker 1 (25:58):
A U.S.

Speaker 11 (25:58):
Marshals Task Force spotted what appeared to be a deceased
person near the Driving Park Bridge around 2.30 p.m. The
body was found in an area where family members and
volunteers had been searching for a missing 14-year-old, Zane Johnson.
Your 13 WHAM Weather Authority forecast today, mostly sunny, warm
with comfortable humidity, 82 for your high. I'm Anthony Penasiewicz,
NewsRadio WHAM 1180, next news in 30 minutes, breaking news

(26:20):
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Speaker 12 (26:22):
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Partly sunny and a bit warmer on Monday. High Monday afternoon, 87.
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News ready go, wham, 1180.

Speaker 13 (26:48):
If you needed further evidence to vote Biden out of office,
here you go.

Speaker 3 (26:52):
I'll lead an effective strategy to mobilize true international suffrage
of pressure.

Speaker 5 (26:57):
You know, the rapidly rising with, I don't know, anyway.

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The whole near and dear view that you... When the
leaders of this country can't even complete their own sentences,
how can you trust them with your future? The Financial
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Visit financialguys.com today.

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Are you proud to be an American? Do you believe
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It's so easy, even a liberal can do it. If
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(28:39):
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Speaker 15 (28:48):
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News Radio.

Speaker 9 (30:19):
Wham!

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1180.

Speaker 9 (30:20):
President Obama opened up his presidential library in Chicago.

Speaker 3 (30:25):
You needed an ID to attend the event.

Speaker 9 (30:28):
So if you're going to show up for President Obama's library,
you've got to present a voter ID, a photo ID,
to gain access to that event.

Speaker 3 (30:35):
But to vote in our elections? You don't have to
do that? That makes no sense.

Speaker 1 (30:40):
You're listening to the Financial Guys Radio Show.

Speaker 10 (30:48):
All right.

Speaker 6 (30:48):
Welcome back to Financial Guys Media Network. Glenn Wiggle, Mike
Lomas and Mike Hayflick in the studio just for a
few more minutes. I know you got to run, so
we'll get right back to it. Well, we were just
talking about some of the laws that were passed in
California and Colorado.

Speaker 3 (30:59):
We'll get back to that.

Speaker 6 (31:00):
But I want to have you get back to Social
Security because, again, it is such an important. And that's
what we do for a living, folks. Monday through Friday,
we help manage people's money. We also do the financial
planning on the front end. we are a one-stop financial shop.
We're very few firms that like the structure, the way
we are, we can handle your Medicare, your health insurance,
your home and auto, you know, pretty much everything. But

(31:21):
the most important, one of the most important things to
me is it's all starts with a financial plan, right?
Money management's important too, of course, you know, picking the
managers that we do a lot of in-house management, but,
but it all starts with the plan, right? Without the plan,
like that's the blueprint. Like you don't start building the
house before the architect puts, lays out.

Speaker 3 (31:37):
The blueprints, right?

Speaker 8 (31:38):
That's right.

Speaker 3 (31:39):
Yeah.

Speaker 8 (31:39):
And I think the financial plan is what a lot
of people think of when they're accumulating wealth, Glenn. And
we talked about this earlier. I'd say to people, if
you have a financial plan, do you also have a
retirement income plan? And a lot of people in workshops
will often pose this question and we'll get some hands
and I'll think, oh, good, good. They know what they're
going to do with their wealth in retirement. And then

(32:00):
when I say, OK, now tell me if you have
the retirement income plan and it specifically tells you the
optimal ages for you, your spouse. to take social security
most hands go down because they haven't considered it to
the extent they should. There's a few concepts that I
think happen. You accumulate, and then you become a preservationist

(32:23):
of all your wealth. You don't want to spend a
dollar because you think, oh my gosh, what if I
start spending? I don't want to deplete it. I'll never
survive if I deplete my wealth. And I'd say that's true,
but sometimes it's actually wise to spend down some of
your wealth prior to taking Social Security. We call that bridging.
Bridge the time from the time you have full-time retirement

(32:45):
begun to to the time that you claim Social Security benefits, right?
So the concept of spending your own money before taking
a government income is so foreign to so many people.
But that's because they've been led to think, you know,
by advisors in our industry, oh, no, no, no, don't
take money out of your accounts. Don't use that money.

(33:07):
Go get the government's money now. Well, sometimes it jeopardizes
their 5-, 10-year outlook, not to mention the 10- to
20-year outlook. So I think you have to look at
this with a much more holistic idea of what will
I do for the rest of my life? Whether it's
20 years together as a married couple or unfortunately, well,

(33:28):
maybe fortunately, 80% of men die married, 80% of women
die single. really there will be a lot of women
alone just take us down well and if they're.

Speaker 3 (33:39):
65 i don't know married men live longer than single
men so well right all married men sorry all right
i didn't think that all right.

Speaker 8 (33:46):
Here's the real disservice if you're married and and you're still.

Speaker 3 (33:50):
I just assumed we died off early.

Speaker 8 (33:53):
Well we probably do i think i always have the
man passing first but If you're a married woman and
you've been widowed after age 65, it's highly likely you're
going to live another 15 years alone.

Speaker 1 (34:05):
So think about this.

Speaker 8 (34:06):
You're planning a retirement and you're not adequately, in many cases,
thinking of the person left behind. What will they do alone?
It's going to be difficult anyway. And now you're going
to make it more financially difficult. By not having planned properly.

Speaker 2 (34:21):
Yeah.

Speaker 8 (34:22):
And we can eliminate some of that, right? We can't
eliminate all of it, but we can eliminate a lot
of the uncertainty and anxiety. And I always say, don't
you want to live in retirement? Like, you want to
live well.

Speaker 3 (34:32):
Yeah.

Speaker 8 (34:32):
You want to live knowing, hey, we're okay. We're going
to live and spend some money. We're going to travel.
We're going to help the kids.

Speaker 3 (34:38):
Yep. 833-FIN-GUYS, by the way. And go to our website
if it comes down to Social Security and understanding Social
Security and really trying to figure out how to optimize it.
Great workshop. It's thefinancialguys.com slash events. And you can watch
that workshop on how to start to at least get
together some ideas to make sure you're optimizing Social Security. Again,

(35:02):
Certified Social Security Claiming Strategist. bestselling author and how they
get a copy of your book, Mike?

Speaker 8 (35:06):
Um, you can go right to beyond break, even book.com and, uh,
just enter your name, email address, and you can either
get a PDF version, a flip book version right on
your computer or iPad or, um, or an audio version.

Speaker 3 (35:19):
Uh, Russ and I.

Speaker 8 (35:19):
Actually recorded, um, chapter after chapter together.

Speaker 3 (35:22):
Eight, three, three Fin guys. Thanks buddy. You got it.
Appreciate them for a little bit.

Speaker 6 (35:28):
Uh, back to, um, just to switch gears again. Um,
You know, looking back at Independence Day weekend, Independence Day,
you know, obviously a 250-year anniversary of our country's independence,
a very important celebration year. I mean, Washington, D.C., and
President Trump broke every possible record with the fireworks display.

Speaker 3 (35:48):
Did you see that? It was just– I mean, it
got ridiculous to the point where, like, I can't even–
the whole sky was like just– Oh, my gosh. It
was incredible. I don't think there's ever been anything like that.
I mean, that was absolutely. You know, fireworks are one
of those things that you watch on TV. But I
was watching that at all. Wow.

Speaker 1 (36:09):
Yeah.

Speaker 3 (36:09):
Wow.

Speaker 6 (36:10):
That was pretty amazing. I love how the media, though,
you know, tried to twist it like, well, there's nobody here. Yeah,
there's nobody here because, you know, it was like.

Speaker 3 (36:17):
Eight o'clock in the morning. Right. Like, come on. Like,
they're just so disingenuous, just such liars. It's so obvious now.

Speaker 6 (36:23):
You have a party that, you know, I think loves
America and you have a party that hates America. And
the Democrat Party, for the most part, hates America. And
you can try to prove me wrong, but, you know,
let's go down the list of cancellations. for Independence Day, right? Buffalo,
top of the list. No fireworks in Buffalo, right?

Speaker 3 (36:40):
Number one. According to the mayor, they never do that.
I don't know.

Speaker 1 (36:44):
Oh, yeah.

Speaker 3 (36:44):
I don't ever remember a ball drop downtown.

Speaker 2 (36:46):
No, no.

Speaker 3 (36:47):
They've never done that. No, no. Never done any fireworks
or anything downtown.

Speaker 9 (36:51):
Right.

Speaker 3 (36:52):
Sure.

Speaker 6 (36:53):
But let's go through the rest of some of these, right?
In Chicago, Lombard fireworks canceled. Park Forest canceled everything. Woodridge,
Downers Grove, and Streamwood, same. Uh, while, uh, uh, Flossmoor
next to children's bicycle parade, no parade in Glen Isley,
Huntley or Northborough, Colorado, uh, shut down fireworks and parades

(37:14):
in Colorado Springs, Pueblo, Cripple Creek, Cannon City, Palmer Lake,
Woodland Park, blah, blah, blah, blah.

Speaker 3 (37:20):
It goes on.

Speaker 6 (37:20):
Washington, D.C., the Independence Day Parade was stopped. In Maryland,
the Tacoma Park Parade and Block Party were canceled. In Virginia, Leesburg, Fairfax,
and Lovettsville, all canceled parades. New Jersey, and on and
on it goes. What they need is more liberal cities. Yep,
more government agencies, Glenn, to make sure those places are safer.

Speaker 3 (37:39):
Right.

Speaker 6 (37:39):
Well, they mixed the Kansas City, mixed the parade. Boston, Minnesota, Delaware,
New York. All these spots claim things like It was
too hot. It was too dry. We had blah, blah, blah, blah.
But amazingly, across the country, Republican-run towns and cities, it
wasn't too dry.

Speaker 3 (37:55):
It wasn't too hot. It wasn't– right? They couldn't– they
found a place to do them. All these places I
just listed– Florida's pretty hot.

Speaker 11 (38:01):
Now, right, Glenn?

Speaker 3 (38:02):
You spend a lot of time down there.

Speaker 15 (38:03):
Right.

Speaker 3 (38:04):
All these places. And OK. Oh, it's a fire risk.
So you cancel the parade. I mean, it's like none
of it makes sense. It's obvious. It's sad because I
would think 80 percent or more of Americans would have
liked to have celebrated the 250 anniversary of our independence.

Speaker 5 (38:20):
Right.

Speaker 3 (38:21):
But not liberals, not liberals.

Speaker 6 (38:23):
They canceled everywhere, including in Buffalo, which is really just disgusting,
to be honest with you. I'm really getting tired of
this America-hating rhetoric, especially from people like Mamdami, who is
just a flat.

Speaker 3 (38:36):
I mean, you want to talk about a– shouldn't you
be espousing the opportunity you had? You came here in 2018, buddy.
You haven't done anything in your life that you've accomplished anything,
and yet somehow you become mayor. Wouldn't you be like, look,
even you, who was a failed rap artist and living
on mommy's basement in Dime, could still become a mayor
of a major city. That's right. What an opportunity to

(38:58):
go from Uganda. They escape these places that are absolute
crap holes with all these same policies and then try
to come over here and preach these policies and push
them on our system. That makes no sense. Really, like
when you think of common sense and you're just saying, okay,
look at it. Let's just take a step back and
think this through with a little bit of common sense.

(39:20):
You go, yeah, well, that didn't work anywhere. And you
left there. Your family left there for a reason. Why
would we want to practice that here? right right but
they heard he's all about power it's all about him
right you know absolutely he'll end up very wealthy he'll
be fine.

Speaker 6 (39:37):
I heard somebody on uh on x twitter whatever you
want to call it um that just really explained it
perfectly on the difference between republicans and democrats and i
never really thought about it this way But the way
he explained it should be explained to every person, every child,
especially in high school, and everybody should understand this.

Speaker 3 (39:53):
We talk about common sense. And I'll share that on
the other side of the break because I think it's
important for everybody to understand who the Republicans represent and
who the Democrats represent and why it's important to understand
how the policies are directed towards those individual groups.

Speaker 6 (40:09):
So we'll talk about that on the other side of
the break. It's a little bit, not overly complicated, but
I think it's important for people to understand. The other
thing we'll talk about on the other side of the
break is, I don't know if you saw this one, Mike,
but it's official now. The Florida governor candidate or gubernatorial candidate,
Andrew Gillum, who was arrested way back on several things,
was just arrested again. DeSantis beat him by just 0.4

(40:32):
percentage points in 2018, right?

Speaker 3 (40:34):
Which is crazy, yeah.

Speaker 6 (40:35):
Well, because Miami-Dade kept counting and counting and counting and
counting and counting and counting.

Speaker 3 (40:40):
Yeah, they count after. They almost got him. They almost
did it. They almost did it. He was just arrested
in Alabama, again, on drug charges and things like that.
He's actually going to jail. But that's crazy. He could
have been the governor of Florida. It could have been
an absolute disaster. So anyway. See, if he was up
in New York, he wouldn't be going to jail. No, no, no, no, no.

Speaker 10 (40:57):
Yeah, no.

Speaker 6 (40:58):
All right, we'll take a very short break. You've got
the Financial Guys, Glenn Wiggle, Mike Lomas. We'll be right
back here on the Financial Guys Media Network.

Speaker 12 (41:03):
News Radio, WHAM 1180. 250 years ago, America declared independence.
And with the Erie Canal, Buffalo boomed into an economic powerhouse. Today,
Democrat mayors admit the city's falling apart.

Speaker 16 (41:16):
Why do we need to raise taxes? Because our city
is broke and it's literally falling apart. About half of
our garbage trucks don't work. Potholed streets, community centers are
falling apart.

Speaker 12 (41:26):
And their solution? Raising your taxes and taking more of
your hard-earned money. More where this came from on the
Financial Guys podcast, streaming on all platforms.

Speaker 4 (41:35):
Western New York business owners, are you ready to make
the winning pick for your team? Just like the draft,
choosing the right health insurance for your employees is crucial.
Don't let your team get sidelined by unexpected costs. From
comprehensive coverage to flexible options, we've got you covered. With
our small business health insurance plans, you can ensure your
team stays in the game no matter what. Make the
right pick by choosing the Financial Guys Insurance Agency. Call

(41:58):
Brian Janik today.

Speaker 3 (41:59):
716-633-1331 or thefinancialguys.com. Pretirement is the time before you retire.
If you're in that stage of life right now, the
Financial Guys are here to help. From pretirement to retirement,
the Financial Guys have you covered. Call 833-FINGUYS or thefinancialguys.com

(42:21):
for a complimentary consultation. Securities offered through Peak Brokerage Services, LLC.
Member FINRA SIPC. Does crack cocaine make you act any differently?

Speaker 5 (42:38):
No.

Speaker 3 (42:39):
Is it safer than alcohol? Probably.

Speaker 2 (42:42):
And somewhere there's a difference between a laptop repair and
a federal investigation. Don't forget, crack is whack. Unless your
dad is the president. You're listening to The Financial Guys.
Find our podcast on all streaming platforms, new episodes weekly.
And remember, kids, crack is whack. The Financial Guys do
not condone the use of illegal drugs.

Speaker 11 (43:17):
All right, seriously?

Speaker 7 (43:17):
You're going to win a championship season with that kind
of enthusiasm? Men and women of labor, you know what
I'm talking about.

Speaker 1 (43:25):
Let's go, Buffalo. Let's go, Buffalo. We've got to give
this place some good karma, right? You're listening to the
Financial Guys radio show.

Speaker 3 (43:39):
All right, welcome back.

Speaker 6 (43:40):
Final segment of the Financial Guys today. And I do
want to mention we will be on WBEN and Buffalo
throughout the week, Wednesday, Thursday, and Friday, I believe we're
filling in for Joe Beamer. So tune in for that
this week. And I had the opportunity yesterday to do
the same. So I appreciate that opportunity and look forward
to doing more. It's fun to take live calls throughout
the week and participate with the audience. And same on
the weekends.

Speaker 3 (44:01):
And to help Beamer's ratings out. And to help Beamer's ratings. Yeah,
someone's got to do that, right? Someone's got to help
to get that up. Yeah, that's what they do. They're like,
Beamer's ratings start to go down. They're like, bring in
the financial guys. Save them again. You're welcome, Joe. You're welcome.

Speaker 1 (44:14):
All right.

Speaker 6 (44:14):
Anyway, so if you need us throughout the week, folks,
before I get into my next part here, 833-FIN-GUYS, our
office number, thefinancialguys.com.

Speaker 3 (44:22):
We were talking about the shootings in Buffalo, but there
were seven in Rochester over the weekend, last weekend, too. So, yeah. So,
good records. I mean, good numbers. Good numbers. Really good numbers.
Trying to get them off the Chicago standards, but, you know. Yeah,
big government, big, you know, when you look at success stories,
you know, and you say, hey, look at this Democrat city.
You know, nothing smells and breathes. and is a snapshot

(44:47):
of success more than people killed over the holiday weekend
and removing the basketball hoops from the parks. I mean,
nothing says Democrat policies are working like that. Nothing.

Speaker 5 (44:58):
Right.

Speaker 6 (44:59):
So this guy really was talking to a liberal, and
he really just– it was perfect, right?

Speaker 3 (45:06):
I can't find the video, so I'm just going to
have to replay it, you know, myself.

Speaker 6 (45:09):
So basically he asked the liberal, he said, you know,
would you agree that the party of the Democrat party
is a party of the poor?

Speaker 3 (45:15):
He said, of course.

Speaker 6 (45:16):
So you agree that Democrats are the party of the poor, right?
They help poor people. The poor people vote for Democrats.
They're considered to be the party of the poor, right?
Just like the Democrats used to be the party of
the working class, right? Republicans are the party of the rich, right?
They're the party of millionaires, right? They're putting policies in
place that help millionaires. Would you agree with that?

Speaker 3 (45:34):
He said, absolutely. Okay.

Speaker 6 (45:35):
So now that we're agreed that the Democrat party is
the party of the poor and tries to put forth
policies to quote unquote help the poor, Versus the Republicans,
which are going to put forth policies that are going
to help the rich. So let's walk this through now, okay?
The Democrats, if they're the party of the poor, isn't
it in their best interest to keep people poor? And
so what do they do? They put up all kinds

(45:57):
of regulatory hurdles, right? They add taxes. They add fees.
They make it about impossible to start a business. They
don't educate people, right? Their schools are a disaster, right?
And so they do everything in their power, every policy
that you could look that Democrats put forth, whether it's
more regulation or raising taxes or educate, whatever it is.

(46:17):
It is designed to keep people poor, and it does.

Speaker 3 (46:20):
Look no further than the city of Buffalo, one of
the poorest cities in the country, run by Democrats for
70 years now, right? And so if the Democrat Party
is a party of the poor, it's in their best
interest to create more poor people and to keep people poor.
If those people get upper middle class, they're gone. They
go to the Republican Party. Now they're paying taxes. Now

(46:41):
let's talk about the Republican Party. Your claim is the
Republican Party is a party of the rich. So what
do the Republicans do? Well, they want more rich people, right?
They want more people with wealth because those are the
people that are going to vote for Republicans, right?

Speaker 6 (46:55):
And so what kind of policies do they put forth? Well,
they put forth policies like lowering taxes, lowering regulation, making
it easier to start a business, right? Giving people— they want
more wealthy people, right?

Speaker 9 (47:09):
Sure.

Speaker 3 (47:09):
They're going to put forth policies— Everybody's better off, right?
So if Republicans are going to put forth policies that
help everybody to become wealthier and gain more wealth— No!
Then the Democrats don't want that. They're going to put
forth policies that are going to keep people back, right?
Like higher taxes and higher regulations, right? And loopholes to

(47:32):
jump through, right? Things like that. If you look at
it from that perspective, it starts to make more sense. Like, well,
if Democrats are idiots, there's no common sense. Oh, no,
they're not.

Speaker 6 (47:40):
They know exactly what they're doing. They're going to continue
to put forth policies that are going to keep you poor,
keep you uneducated, keep you dependent.

Speaker 9 (47:48):
Right.

Speaker 3 (47:48):
Keep you right where you are in society because you
are a solid voter for them.

Speaker 5 (47:55):
Right.

Speaker 3 (47:55):
How about grow you, Glenn? How about we put systems
in place? Yeah, we sign you up for welfare. Why
would you go work when I can make you more
money over here? That's right. You just got to keep
voting for me. Oh, by the way, I'm going to
set up this government system so that you get paid
as a government official to add people on. You want

(48:17):
to make some money? Your incentive is to sign these
people up, right? Get 50 of them to convert. Get
100 of them to convert.

Speaker 5 (48:23):
Right.

Speaker 6 (48:24):
Trap them into a system where they will never be
able to get out from under it. If they earn
more money, they'll lose their benefits.

Speaker 9 (48:31):
Right.

Speaker 6 (48:31):
So lock them into a system where if they earn
too much money, they start to lose things like the
earned income credit. And then they lose some welfare benefits.
And if they earn too much, they might lose state housing.

Speaker 3 (48:42):
And so they literally have put policies in place to
incentivize people to stay poor. Because that's the Democrats' voting bloc.

Speaker 6 (48:51):
Everything Kathy Hochul does at the state level is designed
to tear people down. It's designed to take wealth.

Speaker 3 (48:58):
It's to..

Speaker 6 (48:59):
I mean, every single– you can't name one thing in
this state. We're going to deprive people of energy so
we can't have manufacturing. We're going to tax them to
the highest level in the country so that we don't
have the tax base and wealthy people leave.

Speaker 3 (49:12):
We're going to tell people, Cassie did.

Speaker 1 (49:13):
You got money? Get out of Dodge.

Speaker 3 (49:15):
We don't want you here. Go down to Florida where
you belong. Remember that? That dingbat last week. by the way,
was taking pictures in her house in front of her
gas stove. can't make it up no you can't you
always accept them like look at me baking cake like
you dummy i'm sure yeah she's a real big cake
baker oh yeah i'm sure just like oh let me
get my husband and see if he would like a

(49:37):
beer i mean a beer please a would you like
a beer i feel like having myself a beer like
okay sure you are loose sure you are sure you're
a big beer drinker i bet big beers right what
what flavor bud light what flavor is your fave right
sure sure yeah anyway But you think about how close
we came in Florida, though, right? In 2018, Ron DeSantis defeated, again,

(49:58):
Andrew Gillum by 0.4 points.

Speaker 6 (50:01):
Now, what was the first thing he did? He fired
Brenda Stokes or whatever her name was, Sparks or whatever.

Speaker 3 (50:07):
Snipes. Brenda Snipes was her name.

Speaker 6 (50:12):
For bra for a miami-dade county for 25 years okay
guess who was the one that was overseeing the hanging
chad remember.

Speaker 3 (50:21):
That remember when the market declined every single day for
like six weeks because they didn't have we didn't know
if it was algor they were counting stuff and thank
god pam bondy was the attorney general at the time
of florida when she was actually still working uh yeah
And we were able to resolve that and move on.
Once DeSantis came in, he fired Brenda Snipes. You're out.
We've had problems with Miami-Dade elections for 25 years. You've

(50:44):
been the election commissioner. You're fired. They brought in somebody new.
Guess what happened? They cleaned up all the voter rolls.
They stopped counting. They literally were counting day after day
after day after day. Mail-in ballots, mail-in ballots, mail-in ballots.
Obvious cheat. This is how they do it. It's clear, right?

Speaker 6 (51:00):
What happened was he fired Brenda Snipes. Ever since then,
the Republicans have won the governorship in Florida by like
20 points.

Speaker 3 (51:06):
He won by 18 percent in the last election cycle.
That's right. Well, what's happening in Florida, thankfully, is the
people moving down there are more conservative, right? The eight,
nine out of ten. But you also take off the
people they're not supposed to. Look, in New York State,
Kathy Hochul beat Lee Zeldin by 300,000 votes. They have
three million votes that they can't tie to actual voters.
Three million. $ 3 million. He probably wins in a landslide

(51:30):
if that's a fair election. As a fair election, Lee
Zeldin is our governor right now, not the EPA commissioner.
And so would Bruce Blakeman would be as well. Yeah,
my guess is probably Mamdani loses too, right, if that's
a fair election in the city. Even though as messed
up as that city is, there's still a ton of
people in that city that are like, yeah, no, I
like child molesters behind bars.

Speaker 1 (51:51):
I like..

Speaker 3 (51:53):
Trying to fight fentanyl from coming into.

Speaker 6 (51:55):
Our system like i like that so but at a
state level everyone's talking about bruce blakeman he's within four
points of kathy again if it's a fair election he
beats kathy by 10 points what's going to happen is
oh he's just not good oh it was oh so
close just a couple hundred thousand votes they've got three
million votes to work with folks that's California.

Speaker 3 (52:16):
Does anybody not believe that L.A. was fixed?

Speaker 6 (52:18):
Does anybody not believe that they just continue to send
in ballots for that third candidate who had nobody even knew, right,
that whatever her name was? I mean, I heard people
online that were talking about, I never believed that 2020
was rigged, but now I do. Now that I've seen
what happened in L.A., it's pretty obvious. It's pretty obvious
because the mail-in ballots didn't just go for Democrats because
then they would have gone for Karen Bass.

Speaker 3 (52:39):
No, no, no, no. The mail-in ballots that they needed
specifically only went to that third candidate to take out Pratt.
You can't say, well, most late ballots come in Democrat. No, no, no.
But why that one Democrat that just needed just enough?
In fact, she was in tears on election night conceding
the election. She conceded the election. Oh, I'm so sad.

(53:01):
Don't give up just yet. Hey, don't give up just yet.
Wait a minute. Yeah, no, no, don't do that. Don't
do that.

Speaker 6 (53:09):
Anyway, so that SAVE Act, honest to God, is the
number one most important thing in our country right now.

Speaker 4 (53:15):
Yeah.

Speaker 6 (53:15):
Fortunately, Mitch McConnell seems to be MIA, so they might
actually have a chance to get something done.

Speaker 3 (53:19):
I don't know. I thought he passed away, but maybe not.
I don't know. He's been dead for two years. We
don't know.

Speaker 9 (53:24):
I agree.

Speaker 3 (53:24):
It's just, you know. Yeah, he doesn't know it yet, though.
It's like a Biden. It's just, you know.

Speaker 1 (53:29):
Yes.

Speaker 3 (53:29):
No clue. That's so sad. So sad, by the way.
When you go back to talking about we could have
a whole show on term limits and the fact that
he's still in office is ridiculous. Ridiculous. And the fact
that we've got Republicans that hold up any of this garbage.
I mean, voter ID. By the way, you need an
ID to get into the new Obama building, but not
to vote. Right. I mean, that just that just tell

(53:51):
you everything. You need an ID to get into the
Democrat Party every four years for when they run their
their big party pre-party for the election. But not to vote.

Speaker 9 (54:00):
Right.

Speaker 3 (54:01):
You need to definitely have an ID to get on
an airplane, but not to vote.

Speaker 7 (54:05):
Right.

Speaker 3 (54:05):
Right.

Speaker 16 (54:06):
Unreal.

Speaker 3 (54:06):
Right. You want to buy. Hey, you want to come
back from Iraq and buy some cigarettes and a beer.
You need an ID. Right.

Speaker 7 (54:14):
Everything.

Speaker 3 (54:15):
Everything. I mean, you need an ID for basically everything, right?
You used to get pulled over. You need an ID.
You need everything, right? One last thing.

Speaker 6 (54:20):
I know we're running out of time here. If you
need us throughout the week, 833-FIN-GUYS, dfinancialguys.com. Again, free workshops
that you can attend in person, free social security ones
you can download and watch yourself, all kinds of options.
We're big on education. And so please use us as
a resource. And whether you think like us or not
in that regard. So we're willing to educate anybody. So

(54:41):
But as far as working with us, if you think
like us, use us as a resource. You want to
come in for a complimentary consultation, 833-FENGUYS or thefinancialguys.com. I
want to mention this real quick. This just came out
this past week, and it was a federal study, actual
federal paper that they did, which, of course, we talked
about years ago, and we said this.

Speaker 3 (54:59):
You're bringing in 20 million new people. Where are you
housing them? Could that potentially be part of the housing
increase in cost and this new inflation? They're not in
the red roof ends anymore. The answer is yes.

Speaker 6 (55:10):
Biden's illegal immigration surge triggered a 30% rise in home
prices in So you young folks out there that are like, well,
I can't afford a home. 30% of that home price
increase was because of Biden's mass amount of illegal immigration
that has come right into the country.

Speaker 3 (55:27):
The home builders weren't wrapped up for another 20 million folks.
That's right. They weren't ready for it. They didn't have
the homes. And most of them didn't have any money
to buy anything anyways. But they got to go somewhere.
They got to go somewhere.

Speaker 7 (55:39):
Exactly.

Speaker 3 (55:39):
All right.

Speaker 6 (55:39):
Well, that's going to do it for us. If you
need us throughout the week, folks, we do manage money
for a living. Talked a lot about financial planning and
how important the plan is today, and I do hope
you take that to heart. We are going to do some–
I think some cybersecurity and some fraud discussions in addition
to what we did yesterday and the future as well because–
It's becoming out of control. So please protect yourself from
these criminals that are trying to steal your money. It

(56:01):
used to be the Nigerian issue. Now the Somalians are
just right in Minnesota trying to do whatever. So just
be advised that it's becoming a very, very big problem,
especially with AI and deepfakes.

Speaker 3 (56:12):
Oh, and by the way, it doesn't seem to be
a problem. Not a problem for the Democrat parties. They're like, hey, no.
When did you find out about this fraud? Oh, I
don't know. Oh, yeah, no biggie. No biggie.

Speaker 6 (56:25):
If you need us throughout the week, folks, again, use
us as a resource, 833-FENGUYS or thefinancialguys.com. We'll see you
next week right here on the Financial Guys Media Network.

Speaker 7 (56:52):
Declaring a deadline. I'm Carmen Roberts, Fox News. President Trump
gives Iran until today to announce the Strait of Hormuz
is open. Fox's Alex Hogan reports from the White House.

Speaker 17 (57:03):
President Trump does not have any scheduled events on his
calendar today. We saw him leave the White House earlier
this morning for his golf course in Virginia. It comes
as the administration says it set that deadline of today
for Iran to cease attacks on ships in the Strait
of Hormuz today. and also to declare that the critical
waterway is open. It comes as today Iran's foreign minister

(57:23):
has touched down in Oman for discussions on traffic in
the Strait of Hormuz. Meantime today, Iran's supreme leader said
on state TV that avenging his father must take place.
At the funeral of the late Ayatollah flags, we're seen reading, quote,
kill Trump.

Speaker 7 (57:39):
And senior U.S. officials are demanding that Iran vow it
will not attack ships in and around the Strait. One
person is missing to Missouri after catastrophic flash flooding triggered
hundreds of rescues and forced evacuations across the state.

Speaker 10 (57:54):
351 rescues, 200 of those summer campers, children. We had
anywhere from a 3 to 19-foot water rise along the
Black River in the early morning hours on Friday. Those
campers all brought up into the dining hall, and unfortunately,
they were stuck. The roads around that camp were washed away,

(58:16):
the water too high for emergency vehicles, and so Blackhawks
and choppers had to go in there.

Speaker 7 (58:22):
Fox weather meteorologist Jane Manara, there is a danger of
more flash flooding across Missouri and parts of Ohio.

Speaker 3 (58:27):
And the Tennessee valleys.

Speaker 7 (58:29):
And Typhoon Bavi makes landfall in eastern China's Zhejiang province
after prompting the evacuation of more than 1.7 million people.
It's a powerful storm damaging winds, heavy rain earlier affected
Taiwan and Japan's southern islands.

Speaker 3 (58:45):
America's listening to Fox News.

Speaker 1 (58:50):
News Radio 1180.

Speaker 11 (58:58):
From the WAM 1180 newsroom, I'm Anthony Panazowicz. The Monroe
County Medical Examiner's Office is working to identify the person
found at the bottom of the Genesee River Gorge on
Friday evening.

Speaker 3 (59:07):
A U.S.

Speaker 11 (59:07):
Marshals task force spotted what appeared to be a deceased
person near the Driving Park Bridge around 2.30. The body
was found in an area where family members and volunteers
had been searching for missing 14-year-old Zane Johnson. A stabbing
suspect is behind bars today in Seneca Falls. Police say
18-year-old Terrell Freeman of Waterloo was arrested in connection to
the Tuesday stabbing that seriously injured a teen at a

(59:30):
home near Canal and Center Streets. That child was initially
brought to Strong for life-threatening injuries, but was upgraded to
stable condition. And the Webster community is mulling the public
apology today of their former Webster police chief arrested in
a prostitution ring in Rochester. Gerald Pickering was one of
six people charged with patronizing a person for prostitution in

(59:50):
the Lyle Avenue corridor. Pickering, who retired in 2015, said
that he will handle this matter earnestly and honestly. Your
13-web Weather Authority forecast today, 82 for your high, mostly sunny, warm,
and comfortable humidity. I'm Anthony Panazowicz, NewsRadio, WayM1180. Next news
in 30 minutes, breaking news when it happens. Anytime on NewsRadio, WayM1180.

Speaker 3 (01:00:10):
This report is sponsored by Lowe's. Burn points like a pro, anyway.