07-11-24 Your Morning Show Hour 3

The root of our economic problems!

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Episode Transcript

Speaker 1 (00:00):
Hi, It's Michael. Your morning show could be heard live
weekday mornings five to eight am, six to nine am
Eastern and great cities like Tampa, Florida, Youngstown, Ohio, and
Oklahoma City, Oklahoma. We'd love to join you on the
drive to work live, but we're glad you're here now.
Enjoyed the podcast.

Speaker 2 (00:15):
Two three Starting your morning off right, A new way
of talk, a new way of understanding.

Speaker 3 (00:24):
Because we're in the stigific.

Speaker 1 (00:27):
This is your morning show with Michael o'dale John seven
minutes after the hour, about drive to work and getting
to work on time in the East Coast, about time
to leave the house in the Central time zone. Insomnia
continues on the West Coast. Welcome to Thursday, July the eleventh.
You're of our Lord, twenty twenty four. This is your

(00:48):
morning show, and I'm Michael del Jorna. If you're just
waking up. I just saw a Barry Gibb of the
bee Gees. Yeah, just reposted a meme that said it's
time we spend less time trying to figure out how
to more billionaires and more time trying to figure out
where the money's all going. We also have the government,
so excited that the IRS announced celebrated the collection of

(01:09):
a billion dollars from high wealth tax cheats. A friend
of mine who did mornings in Nashville for many years,
Ralph Ristolwrights. They didn't say how long it took to
collect that money, but it will cover about one point
three hours of the US government's deficit spending based on
our latest one point eight trillion dollar deficit. All these
things kind of point to does America have a spending problem?

(01:31):
Even before that, does America have an identity problem? What
is the proper size and role of government? And what
is the role and responsibility of the self governed? Or
does anybody even discuss such serious fundamental thoughts anymore? Well,
we do. We also had the FED share testifying before
Congress this week. He also, Jerome Poull brought the Central

(01:54):
Bank semi Annual Monetary Policy Report to the House and
with it probably dashed some more hopes of interest rate cuts.
All these things, while we're focused on partisan political personality,
politics get lost, But it's really what shapes our life
the most. That's why we visit weekly with David Bonson
from the Bonson Financial Group, also authored the book Full

(02:17):
Time at full timebook dot com. I highly recommend that
spiritually as well as vocationally to all of our listeners.

Speaker 2 (02:25):
David, good morning, well, good morning, Good to be with
you as always.

Speaker 1 (02:28):
You harp on this a lot. America has a spending problem,
doesn't it. Why are they going to realize it?

Speaker 2 (02:36):
Well, unfortunately, they're not going to realize it until a
lot of pain is felt. And that is somewhat true
of human nature. A lot of times pain is a
necessary instructor. But in this case it's systemic, and it's generational,
and it's multi generation. And I think we ought to
be ashamed of ourselves that our kids and grandkids are

(02:59):
going to have to deal with much of this.

Speaker 1 (03:02):
Yeah, I mean, there is that simple point. I've made
it several times, You've made it several times. All of
us love our kids. Hopefully your kids said the first thing.
And I think it's by God's plan. It was supposed
to be marriage first, but certainly when kids come along,
it breaks most people's selfishness because it's finally something you

(03:23):
love more than yourself, and there's nothing you wouldn't do
to protect it. There's nothing you wouldn't do to nurture it.
And yet we collectively pass on this most damp and
by the way, kids are now feeling it. It's the
number one anxiety they have, the notion that they'll never
be able to afford a home of their own. This
is something previous generations have done to their children that's
lost in all of this, the individual parenting versus collective parenting.

Speaker 2 (03:48):
Yeah, and you know, I think it's interesting you bring
up a second topic that I do think is separate
and yet equally problematic. Is the housing affordability issue. Is
one example of where I think the boomer generation has
been so remarkably self centered.

Speaker 1 (04:04):
The Boomer generation enjoyed.

Speaker 2 (04:08):
Basically the most ridiculous level of home dis appreciation as
a result of living through a forty year unprecedented bull
market in bonds. Interest rates in the baby boomer's adult
lifetime went from twenty percent to one percent, which caused
the real estate assets to fly higher. And at the

(04:30):
same time they've enjoyed that home price appreciation, Michael, they
have been doing everything they can to fight new home building,
new home development, new zoning, you know, allowing someone with
a big lot to build four units, just anything that
might possibly create a little noise at eight thirty in
the morning, or a little extra traffic for a period

(04:52):
of time. God forbid any of that be allowed, which
of course is what is absolutely necessary to hear the
housing affordabil problem. I think that that's a great example
of a selfishness that speaks to collective lack of concern.

Speaker 1 (05:07):
Could you almost boil it back and peel it back
even another layer and say, well, now here's human nature
versus God's nature. Our call is to love God with
all our heart's soul in mind, and love each other
as ourselfs. But we don't do it very much.

Speaker 3 (05:20):
Right.

Speaker 1 (05:20):
As long as we got a house, we're fine. So
it's really basically selfishness.

Speaker 3 (05:24):
Isn't it.

Speaker 2 (05:26):
Well, it's definitely selfishness. But you pinpoint part of the
problem that I think for the most part, baby boomers
would say, I want things to be better for my kids,
you know ability and Jenny, you know down the hall
or live up the.

Speaker 1 (05:39):
Street, for me, not all kids.

Speaker 2 (05:42):
Well, that's the issue is there is something embedded in
the Christian faith that is a multi generation all it
has to do. I don't want to wax and way
into theological here, although actually I would love to, but
it's probably not our.

Speaker 3 (05:55):
Best use of time.

Speaker 2 (05:56):
But it's covenental. The Christian bath is a mental faith,
and that requires us to care about generations that we
don't know and don't see. And we live in the
very residue of people who cared about future generations that
they didn't know. Being the founding fathers, they were speaking

(06:19):
to a concern for future generations that were outside of
their proximate connectivity. And I think that that's one of
the hallmarks of secular humanism that at least for now,
for the most part, even this isn't universal anymore, as
we see with abortion and fanticide and other things. But
generally they care about the kids that come out of

(06:40):
their womb, but no the idea of caring about what
life will be for their country, for their community, even
for their lineage three four generations down the line. I
don't think that they care consciously. I don't think this
is just a subconscious day. I think they consciously don't
give a you know what.

Speaker 1 (07:00):
Yeah, you probably see David Bonson a lot on Fox
News and Fox Business. He's a money whiz with the
Bonson Financial Group. I thought of you earlier this week.
We did something because people kind of in America had
two different Fourth of julys. If you focused on our
founding fathers, if you focused on our intent, there was
a great sense of celebration and pride associated with freedom

(07:22):
and liberty. If you think about the political dysfunction of
the day, it kind of robbed it. And so I
played a clip of John F. Kennedy on the fourth
of July at Independence Hall in nineteen sixty two, the speech.
If you've never listened to it, go back and listen
to it. But there was no distance between our founding fathers, Washington, Jefferson,

(07:46):
and John F. Kennedy in that speech, and Kennedy was famous.
Where I was talking about our time and for all time.
That was a mentality that we are stewards of this
experiment and that each generation holds it in its hands
and either reserves and protects it or loses it. As
Benjamin Franklin said coming out of that Independence Hall, it's

(08:07):
for you a republic if you can keep it. You know.
It got me thinking if you want to look at
a turning point, because after Kennedy, then you get LBJ.
And so then you go back to Wilson, and then
you get the FDR New Deal, and then you get
Lyndon Johnson's Great Society, and then after that you get Nixon,
then you get Carter and all of this whatever. The

(08:28):
presidency has become a lot more dyed in daily plaza
that day in November in nineteen sixty three than we realize.
But nobody ever talks about our time and all time
and the collective good of our republic over ourself. We've
got a lot of spiritual foundational issues that are a problem.
We've got understanding of our intent as a Republican's problems,

(08:52):
and of course people perish for a lack of knowledge.
Nobody seems to have any kind of fiduciary understanding anymore. Boys,
a recipe for a disaster, It sure is.

Speaker 2 (09:02):
And I said I wasn't going to wax away in
too theological, But you've invited another issue. This is also
an errant in the Christian faith. Is it's a trinitarian faith, right.
We believe in a God who's three and one, and
we believe that Jesus was fully God and fully made. Okay,
so what did the incarnation the trinity have to do
with this? We as believers, You're describing something that we

(09:23):
can hold intention because it's consistent with our faith. That
is that you and I matter as individuals, and we
as a country, and families and communities matter collectively, that
there is a one and many component to Christian faith.
What you're describing in the change from the John Kennedy
speech to where we are now is the fruit of

(09:46):
less modernism. There is not a continued care in the
we because there isn't a continued care in the human person. Instead,
they have, through critical theory and other basic citations of
postmodern humanistic thought, decided that country doesn't matter because country came.

Speaker 3 (10:07):
About from oppression.

Speaker 2 (10:08):
That we live in an era in which there are
two types of people, the oppressed and the oppressors. Marxism,
even if it is cultural and not totalitarian, cultural and
not political, Marxism has become the religion of the day.

Speaker 1 (10:23):
It's just most.

Speaker 2 (10:24):
People wouldn't identify it that way. But John Kennedy was
no Marxist, even for all of his flaws. We all
know that we're plenty in his personal life. But you
are exactly right. He was a classical liberal in the
sense of valuing a free society and valuing that for
future generations.

Speaker 1 (10:40):
Well, John F. Kennedy today the Democrat Party of John F.
Kennedy's day, and he was the conservative end of that
Democrat Party. I'll grant you it would be right of
the Republican Party today, and the Democrat Party would be
left of the nineteen twenty four socialist parties. So there's
been a tremendous drift left, and it's taken America along
with it. By the way, all of that conversation reminds

(11:01):
me of Francis Schaefer. You lose God, you lose man.
That's a big part of it, all, right. Bottom line is,
while we're all focused on whether Biden should go or not,
what are we missing in Jerome Powell's visit this.

Speaker 2 (11:10):
Weekfu Yeah, nothing too significant. He does a good job
in the congressional testimony, just holding the party line. They're
pretty much on track now to go forward. They've telegraphed
enough with about half of a percentage point of rate
cuts that will come by the end of the year.
I don't think they'll do it all at once. I

(11:31):
think they'll break it up into two meetings quarter point each.
You know, the futures market is indicating about a seventy
percent chance they'll go in September. That's not conclusive enough
for me in July, but you know, we have a
CPI number coming and we'll see what they use that
as cover. It doesn't really matter though, whether it's November

(11:53):
December or September November. Between the next three meetings and
two rate cuts between now and the end of the year,
you should get to rate cuts. They are stretching this
too long, too far, and there are I think a
lot of reasons that we will regret if they do
not begin cutting going into twenty twenty pots.

Speaker 1 (12:14):
Well, that would be the other thing. You know, if
we start looking at November December, we're going to have
the results of the election, which is going to probably
signal a lot of other different things. I mean, what
do you foreshadow if we feel pretty comfortable saying we'll
get about a half a percentage cut in two cuts
between now and the end ear what do you see
looking forward into twenty twenty five and what would be
cutting too much?

Speaker 2 (12:34):
Well, it's hard to stay would be cut it too much?
Keep in mind, I don't like even having to answer
the question because I don't like me deciding, you deciding
or them deciding what rates should be. I ultimately believe
borrowers and lenders should decide what rates would be. But
all that to say, that's not going to happen. The
Central Bank does set the reference rate, and that they're
going to continue for the rest of my life. So

(12:58):
I think that there's no possible way they stop. After
two little rate cuts, they will end up probably taking
a full percentage point out next year. My prayer is
that they stop somewhere in the twos or threes, some
kind of a moniitum of a moderate natural rate. It
isn't five and a half, which right now is frozen

(13:19):
the housing market, or zero, which is so distortive and ridiculous.
I act the words. So somewhere in between, and we'll
see where the data goes into next year.

Speaker 1 (13:31):
So real relief is coming. An initial relief is coming
very very soon. David Bonson with the Bonson Group, Thanks
for joining us. Don't forget his book Full Time. It
is a vocational and I think a spiritual must. You'll
find that at full timebook dot com. We'll talk again
next week, David. Thanks great week. This is your morning

(13:52):
show with Michael del Tuono. This is Your Morning Show.
I'm Michael del Johner. Twenty six minutes after the hour,
the chorus of Democrats calling for the president to step
aside is growing louder. Mark Mayfield reports.

Speaker 4 (14:04):
New York's Pat Ryan on Wednesday became the eighth congressional
Democrat calling for Biden to step aside. In a New
York Times off and on Wednesday, longtime Democrat George Clooney
pleaded for Biden to withdraw. He said he recently hosted
a fundraiser for the president and noted he was not
the Joe Biden of twenty ten, or even the Joe
Biden of twenty twenty. Former House Speaker Nancy Pelosi stopped

(14:26):
short of saying Biden should remain in the presidential election,
even after Biden just said he's staying put. Pelosi said
the decision is up to the president. I'm Mark Mayfield.

Speaker 1 (14:35):
Is it denial? Is it defiance? So far, Joe was
in budging. He had a disastrous debate The Make Good
with George stepanoff step Stephanopolis didn't go much better. Now
He'll try NBC in Lester Holton, a vest Lisa Taylor reports.

Speaker 5 (14:50):
The interview will air Monday evening at nine pm Eastern.
This comes as the president is under growing scrutiny over
his age and whether he can defeat Donald Trump in November.
A handful of House Democrats have called on the President
to drop out of the race and allow another Democrat
to step in. A few vulnerable Senate Democrats, meanwhile, have
said they don't think Biden can win in November. Biden
has doubled down on his commitment to stay in the

(15:10):
race and serve another term. I'm li Sa Taylor.

Speaker 1 (15:13):
Meanwhile, Donald Trump says he's coming close to making his announcement,
though he'd like to wait till the convention, like the
good old days. Top picks that we assume are between
North Dakota Governor Doug Bergham, Florida Senator Marco Rubio, Ohio
Senator j D. Vance. In one question about facial Harry
said he looks like a young Abe Lincoln. Trump also
ramped up his attacks on Vice President, laughing, Kamala, you.

Speaker 6 (15:35):
Know, you got some good people, and I have changed
a little bit, but do you have They're all great.
Anyone would be fantastic. Anyone would be a lot better
than laughing Kamala, She's terrible. Kamala is just terrible.

Speaker 1 (15:48):
Hey, it's me Michael. Your morning show can be heard
live five to eight am Central, six to nine Eastern
and great cities like Jackson, Mississippi, Akron, Ohio, or Columbus, Georgia.
We'd love to be a part of your morning routine
and we're grateful you're here. Now, enjoy the podcast, all right.
We asked the question last week, can you lose the
presidency without losing the Senate and the House for decades

(16:10):
along with it? We did a fascinating poll. You can
catch it on the podcast all three hours commercial free.
You'll be waiting for you by nine thirty Central ten
thirty Eastern. Just search us in the podcast section of
your iHeartRadio app under your morning show Michael del Journal
and hit subscribe. That way, all three hours are waiting
for you every morning. But the poll shows you where

(16:31):
Joe Biden is losing every single swing state and I
mean swing states by the twenty sixteen map perspective, and
with it now senators are trailing or finding themselves in
a draw. So the notion that does that Joe Biden
is doing terrible against Donald Trump. But look at how

(16:51):
the Senators are still winning. That proves it's a Joe
Biden problem. No, it doesn't. If Joe goes down, he's
taking the Senate in the House with him. This particular
poll we went over shows you because it's far more
than a Joe Biden problem. From the border to Israel
to electric cars, these are a lot of consequential policy

(17:14):
failures for the Left. But for some reason, Joe being
cognitively impaired during a debate, I don't know that's any
different than how he's been cognitive impaired for the last
five years suddenly was a wake up call for Hollywood,

(17:35):
for the media, for even Democrat leaders and Democrat constituents.
Go figure, As I have said from the very beginning,
if that's the first you've noticed Joe Biden is cognitively impaired,
you haven't been very honest with yourself. And if this
is the first that the media is willing to acknowledge it,

(17:57):
but they haven't been very honest with all of us.
We give you a great example. Here's John Stewart on
The Daily Show. John Stewart joins George Colooney who says, Hey,
I was at a fundraiser three weeks ago. This ain't
the same Joe Biden. This guy's senile. He's got to
step aside. Meathead Rob Reiner. This is no blanking Joe.
Get out of the way, Joe, but Joe. John Stewart,

(18:20):
by the way, does something far different with Joe Biden,
which really speaks to my point. Are you serious? This
is the first you're noticing it. This is the first.
It's an issue. So he's got this chart. I have
to skip forward two minutes in because there's some foul
language at the beginning. It's funny but foulw Now he's

(18:43):
got a chart of huh and a timeline as John
Stewart starts tracking how long? In other words, if this
is an epiphany today, why today?

Speaker 3 (18:58):
Perhaps, says chart?

Speaker 7 (18:59):
Well, and illuminate the point more clearly. For instance, in
twenty twenty two, when we saw Biden give a shout
out to Representative Jackie.

Speaker 8 (19:11):
Representative Jackie here?

Speaker 1 (19:13):
Where's Jackie?

Speaker 3 (19:14):
I think she she was going to be here.

Speaker 7 (19:20):
Unfortunately Jackie was dead. It's something that the President seemed
to have known six weeks earlier when he released a
condolence statement about her death.

Speaker 3 (19:33):
So huh.

Speaker 7 (19:42):
And then there was the recounting of a recent conversation
that the President had had with his counterpart, the president
of France.

Speaker 8 (19:50):
And from Chermany's me from France looked at me and said,
I said, you know, how long are you back here?

Speaker 7 (20:14):
Unfortunately Mitterand is also dead, and he goes on for
minutes and they're hilarious.

Speaker 1 (20:22):
But this timeline, and by the way, he could have
started before the twenty twenty election, the infamous corn pop
story straight out of West Side Story. Now, I don't
know how the media plans to pull this off, because
the very same media that covered for Joe all this

(20:44):
time is now the one keeping the pressure on him
and while for John Stewart and for the Daily Show
that desperately needs them more than once a week. Yeah,
it's funny, but it's also tragic and concerning and not
funny at all, because if not Joe, who's been running

(21:09):
this country never mind was the election stolen in twenty twenty,
who's been running the country since twenty twenty. It's certainly
not clearly someone who's been elected by the people. The
consent of the governed was given to Joe Biden. So

(21:31):
if we can document and laugh how this guy's been
mentally going all along, something more profoundly has been broken.
But how do they get away with it? They've been
covering all this time, and now suddenly they get it. Remember,

(21:55):
if you haven't noticed it, you haven't been honest with yourself.
But if they haven't noticed, they have been being honest
with you. Now if you wake up this morning, Oh
they get it now CNN. Biden facing the most high
pressure presidential news conference in modern history. Ex Obama aids

(22:18):
react to George Clooney's op ed on President Biden Axios,
Oh have they been after Biden? Today's behind the curtain
mad media versus beat up Biden. George Clooney juices DEM's

(22:40):
rebellion against Biden. How about the Washington Post? Biden should
provide evidence he can beat Trump. Democratic leaders say Pelosi
opens the door subtly to replacing Biden. Tensions flare between
White House and rest score over Biden. Peter Welsh becomes

(23:02):
the first Senator to call for Biden to step aside.
I don't know. I thought Michael Bennett prety much did
that yesterday. Now they all get it, and here's why
not because they care about our republic, Not because they
care about democracy in its future. Not because they care
about you. They care about their control of you and

(23:24):
their power. And what they see is they are now
losing dramatically the presidential race in every single swing state.
Never mind the twenty sixteen map with Hillary versus the
twenty twenty map with Joe, this is its own twenty
twenty four map shaping. So starting with the presidency, it

(23:52):
doesn't look good. Trump leads Biden and Arizona forty nine
to forty two by seven, in Mission again forty five
to forty two by three, in Montana fifty six to
thirty six by twenty, Nevada forty seven to forty by seven,
Ohio fifty one to forty one by double digits. Ten Pennsylvania.

(24:13):
Trump can afford to lose Pennsylvania, Biden can't. Trump leads
forty eight to forty three by five, Texas by ten,
forty nine to thirty nine, Wisconsin forty nine to forty
three by six. But the worst news is twofold one.
The Senate races that we went through earlier. In the
first hour, the Republicans got forty nine Senate seats, and

(24:40):
then there are eight that are toss ups. Half of
those tossups are heavily leading Republican Republican, two of them
are slightly leading Republican, and the three that look like
they're leaning Democrat are down to three points or less.
They see the answer, you can't lose the presidency without

(25:01):
losing the Senate and perhaps leads in the House that
could take well erase decades of gains and take decades
to get back. That's why they're panicked.

Speaker 3 (25:12):
Now.

Speaker 1 (25:13):
This particular research poll was really fascinating because in these
swing states you also found how they felt about the border,
how they felt about energy, anti gas and pro electric vehicles.
This isn't just a Joe Biden problem. It's a Democrat
party worldview and policy view failure. They got troubles not

(25:34):
only immediately but down the road. So for those that
are trying to narrativize today into being well, if Joe
shows up at his NATO solo news conference and performs, well,
he'll be fine. No, he's not gonna be fine either way,
and most are pointing he's got to go no matter

(25:54):
how he performs today at the news conference, Joe has
got to go.

Speaker 3 (26:00):
Hey, this is John Watson, My Morning show. Is your
morning show. With Michael del Jorno.

Speaker 1 (26:05):
You can't have your morning show without your voice. You
can call eight hundred and six eight eight ninety five
twenty two, email me Michael D at iHeartMedia dot com,
or as always, if you're on the iHeartRadio app, use
that microphone and talk back button, like what he did
listening on KFYI in Phoenix.

Speaker 9 (26:21):
Michael, good morning. It's Woody and Peoria, Arizona. We refer
to it as the Washington DC swamp, and there's no
greater example than what's going on right now where these
politicians put electability and retaining power over coming out and

(26:41):
declaring that Biden is incapable of doing the job and
doing what's best for the US and getting him out
of office.

Speaker 1 (26:50):
Appreciate hearing from you on the talkback button. What he
gets it. Yeah, they don't care about our republic, they
don't care about our democracy. That maybe it's take. They
don't care about you, They care about their control, their power. Suddenly,
Hollywood gets it, Suddenly the media gets it something. John
Stewart gets it, George Clooney gets it. Me Dad gets it.
Because they can see they can't win, and not only

(27:11):
not when the presidency they're going to lose the set
of the house along with it. Also got a great
one from Scott here in Nashville.

Speaker 3 (27:17):
Uh.

Speaker 1 (27:17):
In the Lile League, they used to go to Dairy
Queen after the game.

Speaker 10 (27:20):
When we played little league, we had Dairy Queen, so
we always if we want our games, want we want
our games. We always went to Dairy Queen and had
ice cream, and they had the During the MLB season
they had the little MLB helmets that they give you
the ice cream, and so as a kid, we collected those.

Speaker 8 (27:41):
Gosh, I would have given a game to go and
get a.

Speaker 1 (27:50):
Yes, sorry, I fall asleep. Yeah, wouldn't that have been nice?
I think I got allows the slurpy after a little
league game? Roy, did you played little league?

Speaker 3 (27:59):
I did?

Speaker 1 (28:00):
What position? You look like a catcher?

Speaker 10 (28:03):
No?

Speaker 3 (28:04):
Oh I'm six foot yeah. Well I wasn't six foot
six back then, but well I was six five.

Speaker 10 (28:08):
Then.

Speaker 1 (28:09):
Catchers are the most athletic players on the field.

Speaker 3 (28:15):
Oh no, I was the put them out left field.
I'll just stand there and can't hurt it.

Speaker 1 (28:18):
Yeah, it's seven eleven, was more eleventh day of July,
the seventh month, so that makes it national slurpe day
free slurpees at seven elevens if you can find a
seven eleven. All right, Rory's joining us. We've been following.
It took forever to get Butcher in Sunny in space,
and it looks like it's going to take forever to
get him back.

Speaker 3 (28:34):
I've got three within two miles.

Speaker 1 (28:38):
Three seven elevens.

Speaker 3 (28:39):
Yep, within two miles.

Speaker 1 (28:40):
I haven't seen a seven eleven in eighteen years living
in the Nashville metro area. But Jeffrey says there's one
in Hermit One.

Speaker 10 (28:48):
Yeah, we got a new one just north of Nashville,
I think in Goodlandsville.

Speaker 1 (28:52):
Yeah, we're all twice dailies. And I know, like before
that in Oklahoma was quick trip and getting and so on.
But yeah, you don't see too many seven eleven. Seven
eleven was a big deal when I.

Speaker 3 (29:03):
Was growing up.

Speaker 1 (29:04):
All right, So are we ever gonna and BUCkies? Yeah?
BUCkies as well. BUCkies is there is nothing like Buggies.
BUCkies is a Walmart convenience store.

Speaker 3 (29:13):
All right.

Speaker 1 (29:14):
So Butcher and Sonny, are they gonna ever get home?

Speaker 3 (29:16):
Yeah? Probably end of the month, early next month.

Speaker 11 (29:19):
The issue is their star Liner capsule is having thruster
problems and a few helium leaks.

Speaker 3 (29:24):
It's making everyone talk funny.

Speaker 11 (29:27):
But the thrusters are had been a problem on the
two prior star Liner flights that didn't have crews on board.
So Boeing and NASA are trying to figure out what's
going on with thrusters, so still doing a lot of
groundwork with a version of them to try to understand
why some aren't producing the amount of thrust that they're
supposed to.

Speaker 3 (29:47):
The crew is fine, they can stay up there.

Speaker 11 (29:49):
Plenty of food, plenty of water, not an issue, and
they're pretty confident that this thing will work just fine
to bring them home safely as expected. But they want
to better understand what's happening. Plus Boeing doesn't need any
accidents at this point, so they're just going to let
the crew hang out while they troubleshoot.

Speaker 1 (30:06):
I mean other than Joe Biden who said a worse
year than Boeing, right, and it continues all right. So
they were very delayed in getting in space, they're going
to be very delayed in getting home, but you have
to do it safely. We don't need another Apollo thirteen.

Speaker 11 (30:20):
So well, Largine ended, well, it's we don't need another
challenger Columbia.

Speaker 1 (30:26):
Well, yeah, that's true. Ye, Well they got home safely,
but that was not the best of circumstances, all right,
So what do we learn from this? I mean, where
does this put star Liner in this whole public private
venture with NASA?

Speaker 11 (30:39):
And right, so, NASA when the Shuttle fleet retired, NASA
had no way to get to the space station except
for buying seats on Russian rockets and said that's not
a good idea. We let's not limit ourselves to just
one way to the space station. So they had a
contract with two companies, SpaceX and Boeing. SpaceX was halfway
down the road when they got the contract, so they've

(31:00):
been providing shuttle services of supplies and crew up and
down for a few years now. Meanwhile, you've got this
star Liner with Boeing billions over budget, years delayed, finally
get its first crewed mission up and still trouble with
the thrusters.

Speaker 3 (31:18):
So it's one of the things. So how come Elon
can get.

Speaker 1 (31:22):
It right and you get Boeing. It's no uber that's
the news slogan, right, roy O'Neil appreciate your reporting. Has
always have a great day. We'll talk again tomorrow. All right,
So that's the latest. They're going to be trapped a
couple of extra weeks, but there's plenty of supplies as
they NASA and Boeing scramble to get Butch and Sonny

(31:42):
home and the star Liner crew. All right, today, let's
keep our eye on Joe Biden. I don't. I guess
I'm not buying it. The narrative has been, hey, if
jo can look presidential with this NATO schedule this week
and this solo news conference, and then of course to
drop there is apparently Joe's only operational from ten to two.

(32:03):
He's a midday president and this will be a five?
Is that going over the ear? Just in my ears
that I got everywhere? Let's hear Joe one more time?
Right here? He comes, don't don't. So the question is
is Joe going to perform? Well, then we have the
other drama, and I think they're taping it today or tomorrow.
He had the disastrous sit down with George Stephanopoulos that

(32:27):
was to make up for the bad debate. Now he's
going to sit down with Lester Holton a vest and
try to make things better. So these are kind of
the tests ahead of Joe Biden. Meanwhile, the chorus from
Hollywood to the Senate to House members continues to be
doesn't matter how Joe performs today in his solo news conference.

(32:47):
All that matters is that Joe goes. And then the
polls showing the well, he's losing every single swing state
and the gap is widening, and with it now some
Senate seats are leaning heavy Lee Republican, and there's really
there's two seats that are leaning Joe Biden, but that's
down to three four points, which is pretty remarkable considering

(33:10):
those two races and the rest are toss ups. We're
all in this together. This is your Morning Show with
Michael Nell Joino