September 20, 2024 • 32 mins
Narratives over truth equals no understanding of the consequence
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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 in 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):
Well two three starting your morning off right, A new
way of talk, a.
Speaker 3 (00:22):
New way of understanding. Well, because we're in this TOGI,
this is.
Speaker 4 (00:28):
Your morning show with Michael gil Jordan.
Speaker 1 (00:31):
All right, if you're in the Central time zone, it's
time to get out of bed and get moving. There's
coffee in the kitchen. Set down.
Speaker 3 (00:36):
I'll get you up to speed on everything that's going on.
Speaker 1 (00:38):
For those of you on the East Coast, about time
to hit the door and start heading to work. Insomnia
continues on the West coast for all of us. Welcome,
It's Friday, the twentieth of September. You're of Our Lord
twenty twenty four on the air and streaming live on
your iHeartRadio app.
Speaker 3 (00:52):
This is your morning show on Michael del Jorno.
Speaker 1 (00:55):
Israel with air strikes to take out offensive capabilities of
Hesbala and Lebanon Election Day forty seven days away. Polls
are dead even, and the GOP is urging Nebraska to
become a winner take all state in the electoral College.
And if you fell asleep like the Patriots, the Jets
won twenty four to three last night in Thursday Night football.
Speaker 3 (01:14):
I have several stories here.
Speaker 1 (01:17):
One is about Hesbelah and the real lesson of using
pagers and walkie talkies to target them is how embedded
Hesbelah is within the society of Lebanon. So they're everywhere.
They're not just troops walking around in uniforms that you
can see. But that's not the narrative. The narrative is, oh,
(01:38):
this is bb Netanyah who trying to create World War
three in the Middle East because he wants to remain
in power. No, you need to understand how embedded these terrorists.
And it matters if they're sunny, it matters if they're Sheeite,
they're ties to Iran. How embedded they are in Lebanon
as they are in the Palestinian territory. All you're getting
from the White House is the President doesn't like this escalation.
(01:59):
He wants to to calm down. No, this is a
Prime minister of Israel addressing the real problem that invaded
his country. You got to go beyond narratives to true understanding.
A new poll suggests that support is dropping among all
Americans for Taylor Swift's effort to encourage her legions of
fans to vote. Now, remember earlier in the week we
(02:20):
had the polling and the overwhelming majority eighty one percent
said her endorsement meant nothing. Seven percent said it made
it more likely to vote for Kamala Harris, but thirteen
percent said it.
Speaker 3 (02:33):
Made them more likely to vote for Donald Trump.
Speaker 1 (02:37):
Now we find out fifty three percent of voters question
questioned in this survey whether or not it's appropriate support
for the pop stars participation is down fifteen percent from
sixty eight percent conducted in February.
Speaker 3 (02:59):
A It does work. B.
Speaker 1 (03:01):
Why don't they just shut their mouth and saying why
do they involve themselves?
Speaker 3 (03:04):
Why did Oprah again yesterday?
Speaker 1 (03:06):
We get two more in Sometimes panics are overblown, Sometimes
older generations are just freaking out. But the truth of
the matter is America has dramatically fallen behind in reading
and writing, and now we have the research to prove it.
This is the gift of COVID that keeps giving, and
these are dramatic drops in both English and math. Declines
(03:30):
in reading were less dark, but still concerning and concentrated.
In the early grades, sixty five percent of third graders
performing at grade level, compared to seventy two percent in
twenty nineteen math oh In spring of twenty twenty three,
just fifty six percent of American fourth graders were performing
at grade level, down from sixty nine percent in twenty nineteen.
(03:51):
We all know what closing every business did and sending
everybody home did to our economy, and we're still paying
for it. What are our kids going to pay? And
this won't be an election cycle, this will be a generation.
And I guess what all of these amount to. And
I want to get to David's Anadi, CEO of the
American Policy Roundtable for our DC with DZ Today Daily Conversation. David,
(04:13):
There's a big difference between narratives and narrative repeating and
true understanding and knowledge, which takes time. And when you
really understand these things, you understand the consequences. The narratives
just puts you in a perpetual blame game that goes
to nowhere.
Speaker 3 (04:29):
This narrative.
Speaker 1 (04:30):
I mean, remember when we said the death of journalism
is not a victory for the right, it's a defeat
for the republic. This narrativized culture we're living in is
a huge defeat as well. We've got so many problems
and we can't even address them because we can't identify them.
Speaker 2 (04:46):
Well, it's a big that's a big gulp of water,
their friend. Can we talk about reading. Yeah, the statistics
that you mentioned there about declient and reading, particularly post COVID,
I think most people now are relatively familiar with the
statistic that if by the time a kid gets to
(05:08):
the fourth grade they're not at up the speed reading level,
the chance of them graduating from high school drops dramatically.
And I mean that that's a very serious problem. When
you think about the character of our nation, the ability
to be able to read, in the pursuit of reading,
(05:29):
it is so pivotal. Our literacary literacy rates were so
much higher when we started as a country than they
are today. Think about that. Now everybody believes in the
idea that somehow, every morning when we wake up, the
world's a better place just because we were here, or
that we were Yeah, or there's an ascending evolutionary curve
(05:51):
that makes us progressively smarter all the time. Not everybody
believes it, but that's the core basis of a progressive mindset.
Yet when you look at our capacity to read and
to understand and to learn, we're getting dumber generation by generation.
It's just literacy. If you don't read, Now you have
to ask yourself the question is that entire literacy problem?
(06:14):
Is there a single Is there a single way to
solve it? No, it's not a silver bullet, but there
is a way to identify it, and that's it. You
only have so much time. So that makes primary education
absolutely critical in our country. So the question becomes our
kids being able to learn and read at home or
are they in a position where by the time they
get to school they're already stuck on screens and we're
(06:38):
not addressing the problem in schools, are running away from it.
Speaker 3 (06:41):
Well, do you went better?
Speaker 1 (06:42):
Any educator listening to us this morning knows that not
all grades are the same. In fact, teachers will identify
the grades that are the most significant. As any educator,
they'll talk about the importance of third grade, sixth grade,
so on and so forth. I remember I had a hernia,
and back then that was a big surgery. I mean
I was in the hospital three weeks and it was
another four weeks to recover. I'm telling you, David, as
(07:04):
a confession, as an example, though it's anecdotal, it's a
true example. I got so far behind. The wisest thing
my parents should have done was holding me back. I
spent the rest of my K through twelve education process
chasing and trying to catch up and not being able.
Now having said that, when I watched schools closed during COVID,
(07:26):
and then I watched what was going on on the
computers in the kitchen this at home learning, and I
just sat there eating my cereal, thinking they're never going
to catch up, especially those in certain grades are never
going to catch up. And then it's going to become
a problem for all grades, and it's going to quickly
be a problem for a generation.
Speaker 3 (07:46):
And I think that's that's out there.
Speaker 1 (07:48):
I mean, this is the I mean, I guess we
could add this to the there's a little list we've
been doing. How stupid or how short is our memory
or how stupid do they think we are about COVID?
Put this in there as well, because if you think
the death and the inflation and the cost of living
and dumping trains of dollars unearned into an economy without
goods and services behind them as inflation area, and you're
going to be paying for it for a long time
(08:09):
and may not even be able to afford a home.
Think about your kids, because here's a whole other COVID
consequence that nobody's tracking and narratives don't even approach.
Speaker 2 (08:20):
Yet You're on a subject that is massive. I can
hear people talking to the radios all over the country
about this critical reality. First off, reading is a learned
experience and it's something that we practiced. There are a
lot of wonderful people in America right now who are
still behind in reading. And you know, it's turning to
(08:43):
a screen. Does it make sense unless you're going to
a screen to teach you how to read? What if
we were to turn these screens in these programs and
all of this stuff. What if we dedicated ourselves to
using our online experiences to enhance our literacy that that's possible.
Those programs are out there, Michael, and I'll say this
is kind of boring. No, it's not really boring, because
here's the deal. If you can't read the Constitution and
(09:06):
you can't read the Declaration of Independence, then how on
earth are you going to understand what it means to
be American? But that wasn't even But you're going.
Speaker 1 (09:14):
To stop because you're going to stop studying, You're going
to stop reading, you're going to stop critically thinking. What
are you going to do? You're just going to listen
and repeat. And that's the problem we're in. I had
a conversationation with the listener that I know I would
love to have you address again. I think this presidential
race is very consequential, especially from a foreign policy standpoint.
(09:35):
But there are three branches of government and they're not equal.
And if you go to the original intent and the Constitution,
really the legislative branch is the most important. Now, I
will admit all these branches are in dysfunction. We've abandoned
God in America, so we're no longer nation under God,
and we've turned to the Supreme Court to be God.
I understand that our congressmen have done little to nothing,
(09:55):
and nobody failed us more during COVID than Congress, especially
state legisla. And I know that presidents aren't living like presidents,
and senators are living like a club of one hundred,
that they.
Speaker 3 (10:05):
Think they're really running the country.
Speaker 1 (10:06):
I get the layers of dysfunction, But if you held
a gun to my head, I'd rather if you said,
Michael Donald Trump's going to be president, but the Democrats
are going to have control of the House and the Senate,
or Kama's going to be president. The Republican's going to
have an overwhelming control of the House in the Senate.
Which would you take? I would take Kamala Harris. Well,
this person went nuts and did a long thing, and
I get where her anger is. But America has become
(10:29):
obsessed with the presidency and forgotten God along the way.
Let alone the equal branches of government. This is where
reading and study would take you, but narratives love to
take you there.
Speaker 3 (10:40):
This is what the Democrats want.
Speaker 1 (10:42):
Everybody focused on the presidency, divide the country, easy to
conquer one race instead of four hundred and thirty five.
Speaker 3 (10:48):
You know what I'm getting at.
Speaker 2 (10:50):
You couldn't have said it any better. The progressive movement, again,
which is driven from a philosophical shift that began in
the nineteen with Woodrow Wilson, who wanted to move America
off the platform of its founding, both in thought and structure,
and move us into more of a European model. That
(11:10):
was his goal, And of course that means that you
put this huge focus on the executive branch and you
have a parliamentary system that undergirds it. Well, what we've
done now in the modern era is we've turned the
election system for the presidency into an episode of American idol.
(11:31):
It becomes a referendum on the American soul, and the
media causes us to project out on that. And so
we have people who literally think that reality will change
instantly the day after the election, depending on who's in
that White House. Michael, that's nonsense. That's just nonsense. The
sun still comes up. We still all have bills to
(11:51):
pay and jobs to do, and people to care for.
The president is one small part of the American experience.
And for people who are reading, if you go one
of the federalist papers, they will back up exactly what
you just said. The founders believe that Congress was the
vortex of power. That's the term that they used in
regards to our federal system. Most Americans have been taught
(12:13):
that all branches are equal. They're not the legislative branch
where we the people have frequent elections and the highest
degree of representation. That's to be the most powerful branch
and the exclusive only branch for lawmaking executive orders. No,
it's Congress.
Speaker 1 (12:31):
We had set out to kind of discuss how stupid
do they think we are? I guess the more relevant
question is how stupid are we being? And do we
have the eye in the wrong place?
Speaker 2 (12:42):
Hey, you're not allowed to turn the mirror that way?
Speaker 3 (12:44):
Yeah, I mean that's how I turn it on myself
every day.
Speaker 5 (12:47):
You know.
Speaker 3 (12:47):
I would say this way.
Speaker 1 (12:48):
I could bring up any topic I love the way
I didn't get a chance to do it because I
had all.
Speaker 3 (12:52):
These lined up. But it really doesn't matter.
Speaker 1 (12:54):
But the way Tony Dungee dismantled Kamala Harris on a board,
every believer should be able to do and every really
television commentator on behalf of the majority of Americans that
are believers should have been able to do. So there's
a lot of dysfunction. But we have so many different examples.
(13:16):
But I would boil it down to this. I could
pick any one of these topics from sovereignty in the border,
to the economy spending money you don't have, trying to
control everything, from a centralized government, you name it, all
the things that we're really talking about. And I could say,
go find the five best commentators today and compare their
(13:36):
understanding and their eloquence to any five founding fathers or
anybody in the federal papers, there'd be no comparison. Somebody
needs to look everybody in the eye and go, we
are very entertained, we are very distracted, We are very
narrative ized. But we are not as smart as our
founding fathers. And we better get that smart if we
(13:57):
plan to preserve and protect this republic. That's the bottom line, really,
not how stupid do they think we are? How stupid
are we being playing along with us?
Speaker 2 (14:06):
Yeah, because when you think about it, America, it begins
with me. That's the whole concept of this country. The
reason America exists is to create a formula for self government.
That's why our constitution begins with the words we the people.
Now many of us are quick to say we want
our country back, or you know, you work the telepolitician,
(14:27):
you work for me. You know what, that's not the
way it works. That's not the way it works. Our
name is not on the Declaration of Independence. I didn't
sign it. I say this is my country now. This
country was given to me as a gift, not as
a birthright. This is a gift to me. I'm the
most fortunate person in the world to be born here.
That creates a responsibility, not just power, and that's where
(14:52):
we've forgotten. We have a responsibility to preserve self government
for the people who are coming next and the whole
concept of where we are. If you've got a pres
running the world, you're not involved in the system of
self government.
Speaker 3 (15:04):
And Benjamin Franklin knew that.
Speaker 1 (15:05):
That's why you said, Madame Secretary, for you, we have
a republic. If you can keep it, We've never been
closer to losing it. David and I, CEO of the
American Policy round Table, hosts The Public Square on two
hundred stations.
Speaker 3 (15:16):
What's the topic this weekend?
Speaker 2 (15:18):
We go right back to the question of Kamala Harris
abusing the issue of abortion to try to become president
of the United States and deconstruct some of her arguments,
particularly when she talks about a four letter word that
is very sensitive for radio. That word is rape and
what does that mean in regards to this entire conversation.
Not for children this weekend on the Public.
Speaker 4 (15:40):
Square, this is your morning show with Michael Del Tuono.
Speaker 1 (15:46):
I'm Michael del Journal Jeffrey Lyons at the controls. You
can use the talkback button on your iHeartRadio app, or
you can email Michael diatiheartmedia dot com. Can't have your
morning show without your voice if you're just waking up. Well,
probably the most interesting thing Kamala Harris hasn't been all
that accessible. I mean, if they can, you know, create
a theater moment at a convention, they'll do it. But
(16:11):
interviews they're rare, and when she does do them, they're
very stage. And it didn't get more stage than all
our Hollywood friends in Oprah yesterday, So she's court in Hollywood.
Yesterday Donald Trump was courting Jewish vote and the importance
of support of Israel. We'll have more in our Top
five Stories of the Day coming up. And there's a
lot of talk about interest rates this week. We were
(16:33):
expecting a quarter, we got a half. Well, Wall Street
sure loved it. The market was sky high. In fact,
is that a record high Aaron Rayal is joining us.
Is that a record high for the down now? Because
it's over forty two thus.
Speaker 6 (16:44):
It is yep, yeah, it is. It hit the record
for sure. Listen, the markets loved it. Right now. We're
looking to a slightly lower open at nine thirty this morning.
Speaker 3 (16:54):
We'll see how that plays out.
Speaker 6 (16:55):
But I love the term irrational exuberance, which is what
we always see after something like this. You know, people
get yay and you're like, wait, tone it down. We
don't know what's happening.
Speaker 1 (17:07):
Well, but what's interesting is everybody looks at the market
and they'll go, you know, year to date, or last
three months or the week or whatever. If you do
if you do ten years, So we go back to
twenty fourteen, well it's stopping on October. Somebody just do October.
I can't quite get to it. But October eighteenth we
(17:30):
were at six sixteen thousand, six hundred. Ten years later,
here we are at forty two thousand, and I would look,
when you look at the last ten years, I think,
go four more years of the spending during the Obama
doubled the debt in eight years he did. Now Trump
(17:51):
added to it and Biden's added to it dramatically. You
couldn't have made more mistakes. Economy couldn't have gone worse
in ten years. And look at the market climb.
Speaker 6 (18:03):
I know, I know like it. Just I think that
it's just so much money being pushed in so much
like ephemeral money, not real stuff. And a lot of
that has to do with the fact that the government
has the depth burden is unsustainable. We need to address
it in earnestness. And until it is addressed, like it's
an existential threat. It's not happening today, it's not collapsing today,
(18:24):
but it will.
Speaker 1 (18:25):
I mean at some point people got to realize, just
like they're splitting hairs now between inflation and cost of living,
so it needs to realize that the growing the Wall
Street market, businesses will always adjust. The things they hate
the most is uncertainty. But given bad news good news,
they'll adjust. You can you know, I'll never forget. I
(18:46):
was sitting with a money expert one time, and I said,
what happens to a market if the country turns socialist
or communist?
Speaker 3 (18:52):
Oh, they do fine, because they they make their adjustments.
Speaker 1 (18:55):
That they're two different things, what Wall Street does and
the economy are too different things. Everything we've done in
ten years has been disastrous for cost of living, disastrous
for jobs and for rising incomes and for you know,
the cost of living. But as an effect of the
mark forty two thousand the dial yesterday.
Speaker 3 (19:13):
Wow.
Speaker 6 (19:14):
So I mean, what's the takeaway?
Speaker 7 (19:15):
There?
Speaker 6 (19:15):
Just always be invested in the markets' Honestly, I often
say this. I'm like, like, you can't afford not to
be invested.
Speaker 3 (19:23):
Frankly, you're investing until it crash. If it ever crashed.
Speaker 1 (19:27):
You might feel differently, but right, the reality is you
can't compare the gold returns, for example, to the market returns.
Speaker 3 (19:36):
You just can't. So but it's bizarre and you're absolutely right.
Speaker 1 (19:40):
But look with the market, let me do it to
this way, because you do this every day. What on
earth did investors see in that half point cut?
Speaker 6 (19:48):
Irrational exuberance? Because I also think that this is really important.
Like the tenure the ten year treasury, we just all
kind of forgot that's a thirty year fixed or any
sort of long term investment instrument. It's tied to the
ten year treasury much more so than the interest rate,
the Fed funds rate, the Fed funds rate that came
down to four point seventy five. That the big break
(20:09):
cut we've been talking about all week. Most corporations and
individuals don't borrow money overnight. The Fed Funds rate is
for banks. It's the rate at which banks lend to
each other overnight. We're not doing that. When we borrow
for long term investment, like the thirty year fixed mortgage,
it's priced to the ten year Treasury yield, and the
ten year Treasury yield has basically been below the Fed
(20:33):
Funds rate for almost two years right now. And what
that means is that mortgage rates aren't necessarily going to
fall that much further because the Fed is now cutting.
What it means is that they priced it in. The
treasuries are where they are, and that's what we need
to look at. And also, like treasury is if you're
looking for an auto loan, yeah.
Speaker 1 (20:48):
You said you brought this up yesterday, this is brilliant
because your mortgage is based on tenure treasury. That's your
scoreboard you should be looking at. And your autobiles are
on the five year, which yes, they could see some
but it's not going to be anything it's going to
make suddenly. I mean it's like when somebody was asking
Kamala the question yesterday, what are you gonna do? I
can't afford my mortgage, and then she brings up a
twenty five thousand dollars and sent it for first time virus.
(21:09):
That's not what we're talking about. We're time people with
mortgage right now and they can't afford it. Rent right
now and they can't afford it. So but yeah, but
probably if anything, a few bucks on auto loans you
might see because at least that's a five year treasury
versus a ten year.
Speaker 6 (21:24):
Right exactly. And I think you just nailed it, like
auto loans because it's five year, but the treasury, this
has already been priced in. This has already been priced in, folks,
which is why it's not going to make that pretty difference,
like I do. I think that rates could go down
to five shore maybe possibly, but I don't see them
going below that in no way.
Speaker 3 (21:40):
By the way, I'll never forget.
Speaker 1 (21:41):
I was offered a job in San Francisco and in
doing the research, which by the way, they came.
Speaker 3 (21:46):
To the conclusion I can't afford to live there.
Speaker 1 (21:49):
But the bottom line was they had one hundred year
mortgages and I just that alone spun my head. I
was just like, are you kidding me? Played that that
gambling crapshoot? So you're that confident everything appreciate you do
one hundred year more. But I mean, you know, I
would venture to say, and I don't recommend anybody do this,
(22:09):
but I would think the majority of auto loans are
seventy two months to eighty months right now?
Speaker 3 (22:15):
Yeah, yeah, probably pretty soon.
Speaker 1 (22:18):
You know, it's not a five year note anymore to
be going on five years, right.
Speaker 6 (22:22):
Yeah, maybe it should be like a quarter one. I
could see bill or something.
Speaker 1 (22:26):
There are people financing their cars almost as long as
I financed one of my houses fifteen years. I mean,
it's just insane, all right, irrational exuberance that I wonder
if that's the world today, We'll never know. Aaron, have
a great We have the kind of weekend others merely
dream of. We'll talk again on Monday.
Speaker 8 (22:42):
Oh.
Speaker 6 (22:43):
Likewise, Michael had a good one.
Speaker 3 (22:44):
Bhy forty two minutes after the hour. It is interesting.
Speaker 1 (22:48):
Kablo was hanging out with Oprah in Hollywood. Donald Trump
was talking serious with Jewish voters. Mark Mayfield was following both.
Speaker 3 (22:56):
Why Vice President Harris.
Speaker 9 (22:57):
It's her presidential candidacy is so much bigger than her.
It's about who we are as Americans.
Speaker 10 (23:02):
It is about the ideals upon which we were founded,
including the importance of freedom, and the importance of independence,
and the importance of dignity.
Speaker 9 (23:13):
Taking part in a live stream event hosted by Oprah Winfrey,
the Democratic presidential nominee said the twenty twenty four election
is about making it clear what we stand for. She
added that the real strength of a leader is not
who you beat down, but who you lift up. Harris
also said if elected, she would sign up mypartisan immigration bill.
Several celebrities joined the event, called Unite for America, including
Brian Cranston, Chris Rock, Jennifer Lopez, Tracy Alis Ross, Julia Roberts,
(23:37):
and Meryl Streep. And On Thursday, former President Trump gave
remarks that the Israeli American Council's National Summit in Washington,
d C. Trump said that Israel has to defeat Kamala
Harris while promising to reinstate his travel ban. He went
on to add that the upcoming election is the most
important election in the history of Israel.
Speaker 3 (23:54):
That's politics.
Speaker 9 (23:55):
On Mark Miefield the.
Speaker 1 (23:56):
Bear of Springfield, Ohio, is declaring an emergency due to
the political fires stree involving accusations of pet eating.
Speaker 3 (24:02):
Brian Shook has more.
Speaker 5 (24:04):
Republican Mayor Rob Rue said safety is his number one concern.
Speaker 11 (24:08):
It is not an indication or of immediate danger, but
allows us to efficiently and effectively protect our public safety.
Speaker 5 (24:17):
This began after former President Trump claimed that Haitian immigrants
are eating cats and dogs in Springfield. City leaders have
strongly pushed back and condemned Trump's assertion. Since the controversy,
the city has received numerous bomb threats, leading to school closures.
I'm Brian Shook.
Speaker 1 (24:35):
So everyone's putting Donald Trump in his place, but nobody's
putting the threats in place. I thought the governor of
Ohio made it pretty crystal clear those threats are all
coming from outside the country.
Speaker 3 (24:46):
It's foreign interference. I'm sure they meant to put that
in the story.
Speaker 1 (24:50):
The Postmaster General is rejecting claims that it won't be
able to handle mail in ballots.
Speaker 8 (24:55):
The American public will become increasingly along if there is
ongoing dialogue that continues the qu the reliability of the
postal service for the upcoming elections. Let me be clear,
the Postal Service is ready to deliver the nation's mail
in ballance.
Speaker 1 (25:10):
General lewis the joy. Here's a message that voters could do.
I could just picture him in his little shorts telling
us very strongly, you can trust the Postal Service.
Speaker 3 (25:23):
We had the millions of pieces of junk mail a day.
We can handle the presidency.
Speaker 8 (25:28):
We encourage the voting public to mail early if they
choose to vote by mail, and to put their return
ballot back in the mail at least seven days before
it is before it must be back to their election
official under the laws of the state where they are voting.
Speaker 3 (25:42):
I apologize for my immaturity disrespecting the Postmaster General.
Speaker 1 (25:47):
I accept your hate mail at Jeffrey Lyons at iHeartMedia.
Speaker 3 (25:51):
Thank you so much.
Speaker 1 (25:52):
The bodycam video of Justin Timberlake's d w I arrest
in New York back.
Speaker 3 (25:57):
In June won't be released to the public, Lisa G. Reports.
Speaker 7 (26:00):
According to TMZ, Timberlake in the office of the Suffolk
County District Attorney came to agreement to keep the video sealed.
The forty three year old pop star pled guilty to
a traffic violation and driving while ability impaired. He'll pay
a five hundred dollars fine and we'll be doing community
service as part of his plea deal. Surveillance video showed
(26:21):
him running a stop sign and swerving between Lane's and
Sag Harbor. Lisa G NBC News Radio, New York.
Speaker 3 (26:27):
A lot of people don't know this, but.
Speaker 2 (26:31):
September twentieth is a very significant date for US snackers.
Speaker 3 (26:37):
It's a big day for snackers.
Speaker 1 (26:40):
And somebody that understands might need the snack is my
favorite news reporter, pre Tennis, with the tails on what
you should reach for.
Speaker 12 (26:49):
It's National stern Tuesday prote pack cow ol snack. We've
been eighting since nineteen seventy six and it's all created
by science. If you heat mozzarella cheese to one hundred
and forty degrees, it stretches the length of the milk
proteins and that allows strips to be pulled off. The
National Dairy Council says ninety six percent of US peel
(27:10):
to eat, but there's a moving online to call people
who don't peel monsters. I'm pre Tennants.
Speaker 1 (27:15):
I gotta tell your hands down, she's my favorite reporter
and when the world really is coming to an end.
Not threatening, but really coming to an end. I want
to be on the phone with her and have her
explained to me something like the proteins geese.
Speaker 12 (27:28):
Hey, this is Leigh Murphy in Cottontown, Tennessee. My morning
show is your morning show with Michael bill Jorno.
Speaker 3 (27:36):
Election Day's forty seven days away.
Speaker 1 (27:38):
Poles have it a dead heat, Dodger stars, shohe Atani
fifty home runs, fifty stolen bases. Not impressed. No major
League baseball player ever has done that in history, let
alone a picture.
Speaker 3 (27:52):
And Rory O'Neil's here. I'll never forget.
Speaker 1 (27:54):
My brother had an uncanny ability to always have his
head in the way of the television. Wherever my dad
was positioned, my brother's head was perfectly blocking the screen.
It was my entire childhood. Something I heard, Well, that's
kind of what Starlink's doing for some as drovers. It's
in the way.
Speaker 3 (28:13):
How's this work, Rory? I was wondering where you were
going with that.
Speaker 11 (28:16):
Yeah, So any idea how many Starlink satellites are up there?
Speaker 3 (28:20):
Oh?
Speaker 1 (28:21):
Wow, I bet I bet it's it's gonna be way
more than we would think.
Speaker 3 (28:25):
Right, Yeah, six four hundred.
Speaker 1 (28:27):
Oh my lord, I would have never I was saying,
I was thinking hundreds, and he's sending another forty or
fifty on average every week, so it's getting crowded up there.
Speaker 3 (28:36):
And now he's about to have some competition.
Speaker 11 (28:38):
Amazon is about to launch its own space based web service,
and by some estimates, there could be one hundred thousand
satellites around the Earth by the year twenty thirty.
Speaker 3 (28:50):
So that's one freef podcast. There you go. And that's
why they're this group. I love this group.
Speaker 11 (28:59):
The I just lost their name, the Netherlands Institute for
Radio Astronomy. They're the ones saying, hey, look this next
generation of starlink satellites, the ones that have been launching
in recent months, they emit a lot more radiation than
their predecessors, and they are making it difficult for the
scientific instruments here on Earth to work properly.
Speaker 3 (29:21):
Who regulates this, I mean, who would solve this?
Speaker 11 (29:25):
Well, there are supposed to be rules about radiation and
what you can emit in certain layers of space. There
are treaties that have been signed, and the folks in
the Netherlands say that Musk's News Starlink satellites are violating
those rules.
Speaker 1 (29:41):
Are any of these satellites near our satellite? Because that
would upset me that I would have a personal interest.
Speaker 3 (29:47):
Yeah, it's a strue. Well, if not now, then yes soon. Yes,
that's really the story behind the story.
Speaker 1 (29:54):
Six thousand of them, and we don't what do we
project five years from now about one hundred thousand.
Speaker 11 (30:00):
Well, when you add up all satellites, whether satellites coming
publication one hundred thousand.
Speaker 1 (30:05):
We were going to spring on you something I said
off the air. I don't know why at my age,
it just came to me, but while we were playing
the song, and I just it dawned on me because
you know, when I was growing up, you were either
a John Lennon.
Speaker 3 (30:20):
Fan or a Paul McCartney fan.
Speaker 1 (30:22):
There were very few that were like loving the Beatles
for Ringo or for George Harrison. My son, ironically, sixty
years later, at eighteen years old, he gravitates towards all
the George Harrison stuff. But I was just sitting here
this morning, I thought to myself, you know, really, in hindsight,
johnline and may have been the least talented Beatle. And
the first thought was, oh, I could never say that
(30:44):
on the radio. I'd be But the thing, you know,
the more Jeffrey thought about it, he came to the
same conclusion. I mean, Ringo was probably the worst songwriter,
but he was an underrated great drummer. George Harrison great songwriter,
great vocalist, and great guitarist. I think Paul's the most
talented of all of them. But really, if you think
about it, John may have been the least talented. Well, okay,
(31:05):
no defense.
Speaker 3 (31:06):
No care. Not talented in choosing spouses that broke them
all up.
Speaker 1 (31:12):
Somewhere that's bouncing around on one of the six thousand satellites.
Speaker 11 (31:15):
He said, what officially disbanded at Walt Disney World.
Speaker 3 (31:19):
By the way, is that true?
Speaker 11 (31:23):
And Disney is also where Nixon gave the I'm not
a crook speech.
Speaker 3 (31:28):
I didn't know that. I didn't know either of them.
At the Contemporary hotel. You know, you and I should
wander and drift and thought more often. It's fascinating. Rory's
going to be back.
Speaker 1 (31:37):
A new study says the United States has the worst
healthcare system among wealthy nations. Why is that? Rory will
tell you. Next hour, Rory, We'll talk to them all right,
if you're just joining us, what a week it's been.
All right, So we started the week looking at a
second assassination attempt and what happened a very interesting news conference.
Speaker 4 (31:58):
My radar was up. Ladies, Paul show a dead heat.
We're all in this together. This is your morning show
with Michael Jorna m
Hi, It's Michael. Your morning show could be heard live
weekday mornings five to eight am, six to nine am
Eastern in 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):
Well two three starting your morning off right, A new
way of talk, a.
Speaker 3 (00:22):
New way of understanding. Well, because we're in this TOGI,
this is.
Speaker 4 (00:28):
Your morning show with Michael gil Jordan.
Speaker 1 (00:31):
All right, if you're in the Central time zone, it's
time to get out of bed and get moving. There's
coffee in the kitchen. Set down.
Speaker 3 (00:36):
I'll get you up to speed on everything that's going on.
Speaker 1 (00:38):
For those of you on the East Coast, about time
to hit the door and start heading to work. Insomnia
continues on the West coast for all of us. Welcome,
It's Friday, the twentieth of September. You're of Our Lord
twenty twenty four on the air and streaming live on
your iHeartRadio app.
Speaker 3 (00:52):
This is your morning show on Michael del Jorno.
Speaker 1 (00:55):
Israel with air strikes to take out offensive capabilities of
Hesbala and Lebanon Election Day forty seven days away. Polls
are dead even, and the GOP is urging Nebraska to
become a winner take all state in the electoral College.
And if you fell asleep like the Patriots, the Jets
won twenty four to three last night in Thursday Night football.
Speaker 3 (01:14):
I have several stories here.
Speaker 1 (01:17):
One is about Hesbelah and the real lesson of using
pagers and walkie talkies to target them is how embedded
Hesbelah is within the society of Lebanon. So they're everywhere.
They're not just troops walking around in uniforms that you
can see. But that's not the narrative. The narrative is, oh,
(01:38):
this is bb Netanyah who trying to create World War
three in the Middle East because he wants to remain
in power. No, you need to understand how embedded these terrorists.
And it matters if they're sunny, it matters if they're Sheeite,
they're ties to Iran. How embedded they are in Lebanon
as they are in the Palestinian territory. All you're getting
from the White House is the President doesn't like this escalation.
(01:59):
He wants to to calm down. No, this is a
Prime minister of Israel addressing the real problem that invaded
his country. You got to go beyond narratives to true understanding.
A new poll suggests that support is dropping among all
Americans for Taylor Swift's effort to encourage her legions of
fans to vote. Now, remember earlier in the week we
(02:20):
had the polling and the overwhelming majority eighty one percent
said her endorsement meant nothing. Seven percent said it made
it more likely to vote for Kamala Harris, but thirteen
percent said it.
Speaker 3 (02:33):
Made them more likely to vote for Donald Trump.
Speaker 1 (02:37):
Now we find out fifty three percent of voters question
questioned in this survey whether or not it's appropriate support
for the pop stars participation is down fifteen percent from
sixty eight percent conducted in February.
Speaker 3 (02:59):
A It does work. B.
Speaker 1 (03:01):
Why don't they just shut their mouth and saying why
do they involve themselves?
Speaker 3 (03:04):
Why did Oprah again yesterday?
Speaker 1 (03:06):
We get two more in Sometimes panics are overblown, Sometimes
older generations are just freaking out. But the truth of
the matter is America has dramatically fallen behind in reading
and writing, and now we have the research to prove it.
This is the gift of COVID that keeps giving, and
these are dramatic drops in both English and math. Declines
(03:30):
in reading were less dark, but still concerning and concentrated.
In the early grades, sixty five percent of third graders
performing at grade level, compared to seventy two percent in
twenty nineteen math oh In spring of twenty twenty three,
just fifty six percent of American fourth graders were performing
at grade level, down from sixty nine percent in twenty nineteen.
(03:51):
We all know what closing every business did and sending
everybody home did to our economy, and we're still paying
for it. What are our kids going to pay? And
this won't be an election cycle, this will be a generation.
And I guess what all of these amount to. And
I want to get to David's Anadi, CEO of the
American Policy Roundtable for our DC with DZ Today Daily Conversation. David,
(04:13):
There's a big difference between narratives and narrative repeating and
true understanding and knowledge, which takes time. And when you
really understand these things, you understand the consequences. The narratives
just puts you in a perpetual blame game that goes
to nowhere.
Speaker 3 (04:29):
This narrative.
Speaker 1 (04:30):
I mean, remember when we said the death of journalism
is not a victory for the right, it's a defeat
for the republic. This narrativized culture we're living in is
a huge defeat as well. We've got so many problems
and we can't even address them because we can't identify them.
Speaker 2 (04:46):
Well, it's a big that's a big gulp of water,
their friend. Can we talk about reading. Yeah, the statistics
that you mentioned there about declient and reading, particularly post COVID,
I think most people now are relatively familiar with the
statistic that if by the time a kid gets to
(05:08):
the fourth grade they're not at up the speed reading level,
the chance of them graduating from high school drops dramatically.
And I mean that that's a very serious problem. When
you think about the character of our nation, the ability
to be able to read, in the pursuit of reading,
(05:29):
it is so pivotal. Our literacary literacy rates were so
much higher when we started as a country than they
are today. Think about that. Now everybody believes in the
idea that somehow, every morning when we wake up, the
world's a better place just because we were here, or
that we were Yeah, or there's an ascending evolutionary curve
(05:51):
that makes us progressively smarter all the time. Not everybody
believes it, but that's the core basis of a progressive mindset.
Yet when you look at our capacity to read and
to understand and to learn, we're getting dumber generation by generation.
It's just literacy. If you don't read, Now you have
to ask yourself the question is that entire literacy problem?
(06:14):
Is there a single Is there a single way to
solve it? No, it's not a silver bullet, but there
is a way to identify it, and that's it. You
only have so much time. So that makes primary education
absolutely critical in our country. So the question becomes our
kids being able to learn and read at home or
are they in a position where by the time they
get to school they're already stuck on screens and we're
(06:38):
not addressing the problem in schools, are running away from it.
Speaker 3 (06:41):
Well, do you went better?
Speaker 1 (06:42):
Any educator listening to us this morning knows that not
all grades are the same. In fact, teachers will identify
the grades that are the most significant. As any educator,
they'll talk about the importance of third grade, sixth grade,
so on and so forth. I remember I had a hernia,
and back then that was a big surgery. I mean
I was in the hospital three weeks and it was
another four weeks to recover. I'm telling you, David, as
(07:04):
a confession, as an example, though it's anecdotal, it's a
true example. I got so far behind. The wisest thing
my parents should have done was holding me back. I
spent the rest of my K through twelve education process
chasing and trying to catch up and not being able.
Now having said that, when I watched schools closed during COVID,
(07:26):
and then I watched what was going on on the
computers in the kitchen this at home learning, and I
just sat there eating my cereal, thinking they're never going
to catch up, especially those in certain grades are never
going to catch up. And then it's going to become
a problem for all grades, and it's going to quickly
be a problem for a generation.
Speaker 3 (07:46):
And I think that's that's out there.
Speaker 1 (07:48):
I mean, this is the I mean, I guess we
could add this to the there's a little list we've
been doing. How stupid or how short is our memory
or how stupid do they think we are about COVID?
Put this in there as well, because if you think
the death and the inflation and the cost of living
and dumping trains of dollars unearned into an economy without
goods and services behind them as inflation area, and you're
going to be paying for it for a long time
(08:09):
and may not even be able to afford a home.
Think about your kids, because here's a whole other COVID
consequence that nobody's tracking and narratives don't even approach.
Speaker 2 (08:20):
Yet You're on a subject that is massive. I can
hear people talking to the radios all over the country
about this critical reality. First off, reading is a learned
experience and it's something that we practiced. There are a
lot of wonderful people in America right now who are
still behind in reading. And you know, it's turning to
(08:43):
a screen. Does it make sense unless you're going to
a screen to teach you how to read? What if
we were to turn these screens in these programs and
all of this stuff. What if we dedicated ourselves to
using our online experiences to enhance our literacy that that's possible.
Those programs are out there, Michael, and I'll say this
is kind of boring. No, it's not really boring, because
here's the deal. If you can't read the Constitution and
(09:06):
you can't read the Declaration of Independence, then how on
earth are you going to understand what it means to
be American? But that wasn't even But you're going.
Speaker 1 (09:14):
To stop because you're going to stop studying, You're going
to stop reading, you're going to stop critically thinking. What
are you going to do? You're just going to listen
and repeat. And that's the problem we're in. I had
a conversationation with the listener that I know I would
love to have you address again. I think this presidential
race is very consequential, especially from a foreign policy standpoint.
(09:35):
But there are three branches of government and they're not equal.
And if you go to the original intent and the Constitution,
really the legislative branch is the most important. Now, I
will admit all these branches are in dysfunction. We've abandoned
God in America, so we're no longer nation under God,
and we've turned to the Supreme Court to be God.
I understand that our congressmen have done little to nothing,
(09:55):
and nobody failed us more during COVID than Congress, especially
state legisla. And I know that presidents aren't living like presidents,
and senators are living like a club of one hundred,
that they.
Speaker 3 (10:05):
Think they're really running the country.
Speaker 1 (10:06):
I get the layers of dysfunction, But if you held
a gun to my head, I'd rather if you said,
Michael Donald Trump's going to be president, but the Democrats
are going to have control of the House and the Senate,
or Kama's going to be president. The Republican's going to
have an overwhelming control of the House in the Senate.
Which would you take? I would take Kamala Harris. Well,
this person went nuts and did a long thing, and
I get where her anger is. But America has become
(10:29):
obsessed with the presidency and forgotten God along the way.
Let alone the equal branches of government. This is where
reading and study would take you, but narratives love to
take you there.
Speaker 3 (10:40):
This is what the Democrats want.
Speaker 1 (10:42):
Everybody focused on the presidency, divide the country, easy to
conquer one race instead of four hundred and thirty five.
Speaker 3 (10:48):
You know what I'm getting at.
Speaker 2 (10:50):
You couldn't have said it any better. The progressive movement, again,
which is driven from a philosophical shift that began in
the nineteen with Woodrow Wilson, who wanted to move America
off the platform of its founding, both in thought and structure,
and move us into more of a European model. That
(11:10):
was his goal, And of course that means that you
put this huge focus on the executive branch and you
have a parliamentary system that undergirds it. Well, what we've
done now in the modern era is we've turned the
election system for the presidency into an episode of American idol.
(11:31):
It becomes a referendum on the American soul, and the
media causes us to project out on that. And so
we have people who literally think that reality will change
instantly the day after the election, depending on who's in
that White House. Michael, that's nonsense. That's just nonsense. The
sun still comes up. We still all have bills to
(11:51):
pay and jobs to do, and people to care for.
The president is one small part of the American experience.
And for people who are reading, if you go one
of the federalist papers, they will back up exactly what
you just said. The founders believe that Congress was the
vortex of power. That's the term that they used in
regards to our federal system. Most Americans have been taught
(12:13):
that all branches are equal. They're not the legislative branch
where we the people have frequent elections and the highest
degree of representation. That's to be the most powerful branch
and the exclusive only branch for lawmaking executive orders. No,
it's Congress.
Speaker 1 (12:31):
We had set out to kind of discuss how stupid
do they think we are? I guess the more relevant
question is how stupid are we being? And do we
have the eye in the wrong place?
Speaker 2 (12:42):
Hey, you're not allowed to turn the mirror that way?
Speaker 3 (12:44):
Yeah, I mean that's how I turn it on myself
every day.
Speaker 5 (12:47):
You know.
Speaker 3 (12:47):
I would say this way.
Speaker 1 (12:48):
I could bring up any topic I love the way
I didn't get a chance to do it because I
had all.
Speaker 3 (12:52):
These lined up. But it really doesn't matter.
Speaker 1 (12:54):
But the way Tony Dungee dismantled Kamala Harris on a board,
every believer should be able to do and every really
television commentator on behalf of the majority of Americans that
are believers should have been able to do. So there's
a lot of dysfunction. But we have so many different examples.
(13:16):
But I would boil it down to this. I could
pick any one of these topics from sovereignty in the border,
to the economy spending money you don't have, trying to
control everything, from a centralized government, you name it, all
the things that we're really talking about. And I could say,
go find the five best commentators today and compare their
(13:36):
understanding and their eloquence to any five founding fathers or
anybody in the federal papers, there'd be no comparison. Somebody
needs to look everybody in the eye and go, we
are very entertained, we are very distracted, We are very
narrative ized. But we are not as smart as our
founding fathers. And we better get that smart if we
(13:57):
plan to preserve and protect this republic. That's the bottom line, really,
not how stupid do they think we are? How stupid
are we being playing along with us?
Speaker 2 (14:06):
Yeah, because when you think about it, America, it begins
with me. That's the whole concept of this country. The
reason America exists is to create a formula for self government.
That's why our constitution begins with the words we the people.
Now many of us are quick to say we want
our country back, or you know, you work the telepolitician,
(14:27):
you work for me. You know what, that's not the
way it works. That's not the way it works. Our
name is not on the Declaration of Independence. I didn't
sign it. I say this is my country now. This
country was given to me as a gift, not as
a birthright. This is a gift to me. I'm the
most fortunate person in the world to be born here.
That creates a responsibility, not just power, and that's where
(14:52):
we've forgotten. We have a responsibility to preserve self government
for the people who are coming next and the whole
concept of where we are. If you've got a pres
running the world, you're not involved in the system of
self government.
Speaker 3 (15:04):
And Benjamin Franklin knew that.
Speaker 1 (15:05):
That's why you said, Madame Secretary, for you, we have
a republic. If you can keep it, We've never been
closer to losing it. David and I, CEO of the
American Policy round Table, hosts The Public Square on two
hundred stations.
Speaker 3 (15:16):
What's the topic this weekend?
Speaker 2 (15:18):
We go right back to the question of Kamala Harris
abusing the issue of abortion to try to become president
of the United States and deconstruct some of her arguments,
particularly when she talks about a four letter word that
is very sensitive for radio. That word is rape and
what does that mean in regards to this entire conversation.
Not for children this weekend on the Public.
Speaker 4 (15:40):
Square, this is your morning show with Michael Del Tuono.
Speaker 1 (15:46):
I'm Michael del Journal Jeffrey Lyons at the controls. You
can use the talkback button on your iHeartRadio app, or
you can email Michael diatiheartmedia dot com. Can't have your
morning show without your voice if you're just waking up. Well,
probably the most interesting thing Kamala Harris hasn't been all
that accessible. I mean, if they can, you know, create
a theater moment at a convention, they'll do it. But
(16:11):
interviews they're rare, and when she does do them, they're
very stage. And it didn't get more stage than all
our Hollywood friends in Oprah yesterday, So she's court in Hollywood.
Yesterday Donald Trump was courting Jewish vote and the importance
of support of Israel. We'll have more in our Top
five Stories of the Day coming up. And there's a
lot of talk about interest rates this week. We were
(16:33):
expecting a quarter, we got a half. Well, Wall Street
sure loved it. The market was sky high. In fact,
is that a record high Aaron Rayal is joining us.
Is that a record high for the down now? Because
it's over forty two thus.
Speaker 6 (16:44):
It is yep, yeah, it is. It hit the record
for sure. Listen, the markets loved it. Right now. We're
looking to a slightly lower open at nine thirty this morning.
Speaker 3 (16:54):
We'll see how that plays out.
Speaker 6 (16:55):
But I love the term irrational exuberance, which is what
we always see after something like this. You know, people
get yay and you're like, wait, tone it down. We
don't know what's happening.
Speaker 1 (17:07):
Well, but what's interesting is everybody looks at the market
and they'll go, you know, year to date, or last
three months or the week or whatever. If you do
if you do ten years, So we go back to
twenty fourteen, well it's stopping on October. Somebody just do October.
I can't quite get to it. But October eighteenth we
(17:30):
were at six sixteen thousand, six hundred. Ten years later,
here we are at forty two thousand, and I would look,
when you look at the last ten years, I think,
go four more years of the spending during the Obama
doubled the debt in eight years he did. Now Trump
(17:51):
added to it and Biden's added to it dramatically. You
couldn't have made more mistakes. Economy couldn't have gone worse
in ten years. And look at the market climb.
Speaker 6 (18:03):
I know, I know like it. Just I think that
it's just so much money being pushed in so much
like ephemeral money, not real stuff. And a lot of
that has to do with the fact that the government
has the depth burden is unsustainable. We need to address
it in earnestness. And until it is addressed, like it's
an existential threat. It's not happening today, it's not collapsing today,
(18:24):
but it will.
Speaker 1 (18:25):
I mean at some point people got to realize, just
like they're splitting hairs now between inflation and cost of living,
so it needs to realize that the growing the Wall
Street market, businesses will always adjust. The things they hate
the most is uncertainty. But given bad news good news,
they'll adjust. You can you know, I'll never forget. I
(18:46):
was sitting with a money expert one time, and I said,
what happens to a market if the country turns socialist
or communist?
Speaker 3 (18:52):
Oh, they do fine, because they they make their adjustments.
Speaker 1 (18:55):
That they're two different things, what Wall Street does and
the economy are too different things. Everything we've done in
ten years has been disastrous for cost of living, disastrous
for jobs and for rising incomes and for you know,
the cost of living. But as an effect of the
mark forty two thousand the dial yesterday.
Speaker 3 (19:13):
Wow.
Speaker 6 (19:14):
So I mean, what's the takeaway?
Speaker 7 (19:15):
There?
Speaker 6 (19:15):
Just always be invested in the markets' Honestly, I often
say this. I'm like, like, you can't afford not to
be invested.
Speaker 3 (19:23):
Frankly, you're investing until it crash. If it ever crashed.
Speaker 1 (19:27):
You might feel differently, but right, the reality is you
can't compare the gold returns, for example, to the market returns.
Speaker 3 (19:36):
You just can't. So but it's bizarre and you're absolutely right.
Speaker 1 (19:40):
But look with the market, let me do it to
this way, because you do this every day. What on
earth did investors see in that half point cut?
Speaker 6 (19:48):
Irrational exuberance? Because I also think that this is really important.
Like the tenure the ten year treasury, we just all
kind of forgot that's a thirty year fixed or any
sort of long term investment instrument. It's tied to the
ten year treasury much more so than the interest rate,
the Fed funds rate, the Fed funds rate that came
down to four point seventy five. That the big break
(20:09):
cut we've been talking about all week. Most corporations and
individuals don't borrow money overnight. The Fed Funds rate is
for banks. It's the rate at which banks lend to
each other overnight. We're not doing that. When we borrow
for long term investment, like the thirty year fixed mortgage,
it's priced to the ten year Treasury yield, and the
ten year Treasury yield has basically been below the Fed
(20:33):
Funds rate for almost two years right now. And what
that means is that mortgage rates aren't necessarily going to
fall that much further because the Fed is now cutting.
What it means is that they priced it in. The
treasuries are where they are, and that's what we need
to look at. And also, like treasury is if you're
looking for an auto loan, yeah.
Speaker 1 (20:48):
You said you brought this up yesterday, this is brilliant
because your mortgage is based on tenure treasury. That's your
scoreboard you should be looking at. And your autobiles are
on the five year, which yes, they could see some
but it's not going to be anything it's going to
make suddenly. I mean it's like when somebody was asking
Kamala the question yesterday, what are you gonna do? I
can't afford my mortgage, and then she brings up a
twenty five thousand dollars and sent it for first time virus.
(21:09):
That's not what we're talking about. We're time people with
mortgage right now and they can't afford it. Rent right
now and they can't afford it. So but yeah, but
probably if anything, a few bucks on auto loans you
might see because at least that's a five year treasury
versus a ten year.
Speaker 6 (21:24):
Right exactly. And I think you just nailed it, like
auto loans because it's five year, but the treasury, this
has already been priced in. This has already been priced in, folks,
which is why it's not going to make that pretty difference,
like I do. I think that rates could go down
to five shore maybe possibly, but I don't see them
going below that in no way.
Speaker 3 (21:40):
By the way, I'll never forget.
Speaker 1 (21:41):
I was offered a job in San Francisco and in
doing the research, which by the way, they came.
Speaker 3 (21:46):
To the conclusion I can't afford to live there.
Speaker 1 (21:49):
But the bottom line was they had one hundred year
mortgages and I just that alone spun my head. I
was just like, are you kidding me? Played that that
gambling crapshoot? So you're that confident everything appreciate you do
one hundred year more. But I mean, you know, I
would venture to say, and I don't recommend anybody do this,
(22:09):
but I would think the majority of auto loans are
seventy two months to eighty months right now?
Speaker 3 (22:15):
Yeah, yeah, probably pretty soon.
Speaker 1 (22:18):
You know, it's not a five year note anymore to
be going on five years, right.
Speaker 6 (22:22):
Yeah, maybe it should be like a quarter one. I
could see bill or something.
Speaker 1 (22:26):
There are people financing their cars almost as long as
I financed one of my houses fifteen years. I mean,
it's just insane, all right, irrational exuberance that I wonder
if that's the world today, We'll never know. Aaron, have
a great We have the kind of weekend others merely
dream of. We'll talk again on Monday.
Speaker 8 (22:42):
Oh.
Speaker 6 (22:43):
Likewise, Michael had a good one.
Speaker 3 (22:44):
Bhy forty two minutes after the hour. It is interesting.
Speaker 1 (22:48):
Kablo was hanging out with Oprah in Hollywood. Donald Trump
was talking serious with Jewish voters. Mark Mayfield was following both.
Speaker 3 (22:56):
Why Vice President Harris.
Speaker 9 (22:57):
It's her presidential candidacy is so much bigger than her.
It's about who we are as Americans.
Speaker 10 (23:02):
It is about the ideals upon which we were founded,
including the importance of freedom, and the importance of independence,
and the importance of dignity.
Speaker 9 (23:13):
Taking part in a live stream event hosted by Oprah Winfrey,
the Democratic presidential nominee said the twenty twenty four election
is about making it clear what we stand for. She
added that the real strength of a leader is not
who you beat down, but who you lift up. Harris
also said if elected, she would sign up mypartisan immigration bill.
Several celebrities joined the event, called Unite for America, including
Brian Cranston, Chris Rock, Jennifer Lopez, Tracy Alis Ross, Julia Roberts,
(23:37):
and Meryl Streep. And On Thursday, former President Trump gave
remarks that the Israeli American Council's National Summit in Washington,
d C. Trump said that Israel has to defeat Kamala
Harris while promising to reinstate his travel ban. He went
on to add that the upcoming election is the most
important election in the history of Israel.
Speaker 3 (23:54):
That's politics.
Speaker 9 (23:55):
On Mark Miefield the.
Speaker 1 (23:56):
Bear of Springfield, Ohio, is declaring an emergency due to
the political fires stree involving accusations of pet eating.
Speaker 3 (24:02):
Brian Shook has more.
Speaker 5 (24:04):
Republican Mayor Rob Rue said safety is his number one concern.
Speaker 11 (24:08):
It is not an indication or of immediate danger, but
allows us to efficiently and effectively protect our public safety.
Speaker 5 (24:17):
This began after former President Trump claimed that Haitian immigrants
are eating cats and dogs in Springfield. City leaders have
strongly pushed back and condemned Trump's assertion. Since the controversy,
the city has received numerous bomb threats, leading to school closures.
I'm Brian Shook.
Speaker 1 (24:35):
So everyone's putting Donald Trump in his place, but nobody's
putting the threats in place. I thought the governor of
Ohio made it pretty crystal clear those threats are all
coming from outside the country.
Speaker 3 (24:46):
It's foreign interference. I'm sure they meant to put that
in the story.
Speaker 1 (24:50):
The Postmaster General is rejecting claims that it won't be
able to handle mail in ballots.
Speaker 8 (24:55):
The American public will become increasingly along if there is
ongoing dialogue that continues the qu the reliability of the
postal service for the upcoming elections. Let me be clear,
the Postal Service is ready to deliver the nation's mail
in ballance.
Speaker 1 (25:10):
General lewis the joy. Here's a message that voters could do.
I could just picture him in his little shorts telling
us very strongly, you can trust the Postal Service.
Speaker 3 (25:23):
We had the millions of pieces of junk mail a day.
We can handle the presidency.
Speaker 8 (25:28):
We encourage the voting public to mail early if they
choose to vote by mail, and to put their return
ballot back in the mail at least seven days before
it is before it must be back to their election
official under the laws of the state where they are voting.
Speaker 3 (25:42):
I apologize for my immaturity disrespecting the Postmaster General.
Speaker 1 (25:47):
I accept your hate mail at Jeffrey Lyons at iHeartMedia.
Speaker 3 (25:51):
Thank you so much.
Speaker 1 (25:52):
The bodycam video of Justin Timberlake's d w I arrest
in New York back.
Speaker 3 (25:57):
In June won't be released to the public, Lisa G. Reports.
Speaker 7 (26:00):
According to TMZ, Timberlake in the office of the Suffolk
County District Attorney came to agreement to keep the video sealed.
The forty three year old pop star pled guilty to
a traffic violation and driving while ability impaired. He'll pay
a five hundred dollars fine and we'll be doing community
service as part of his plea deal. Surveillance video showed
(26:21):
him running a stop sign and swerving between Lane's and
Sag Harbor. Lisa G NBC News Radio, New York.
Speaker 3 (26:27):
A lot of people don't know this, but.
Speaker 2 (26:31):
September twentieth is a very significant date for US snackers.
Speaker 3 (26:37):
It's a big day for snackers.
Speaker 1 (26:40):
And somebody that understands might need the snack is my
favorite news reporter, pre Tennis, with the tails on what
you should reach for.
Speaker 12 (26:49):
It's National stern Tuesday prote pack cow ol snack. We've
been eighting since nineteen seventy six and it's all created
by science. If you heat mozzarella cheese to one hundred
and forty degrees, it stretches the length of the milk
proteins and that allows strips to be pulled off. The
National Dairy Council says ninety six percent of US peel
(27:10):
to eat, but there's a moving online to call people
who don't peel monsters. I'm pre Tennants.
Speaker 1 (27:15):
I gotta tell your hands down, she's my favorite reporter
and when the world really is coming to an end.
Not threatening, but really coming to an end. I want
to be on the phone with her and have her
explained to me something like the proteins geese.
Speaker 12 (27:28):
Hey, this is Leigh Murphy in Cottontown, Tennessee. My morning
show is your morning show with Michael bill Jorno.
Speaker 3 (27:36):
Election Day's forty seven days away.
Speaker 1 (27:38):
Poles have it a dead heat, Dodger stars, shohe Atani
fifty home runs, fifty stolen bases. Not impressed. No major
League baseball player ever has done that in history, let
alone a picture.
Speaker 3 (27:52):
And Rory O'Neil's here. I'll never forget.
Speaker 1 (27:54):
My brother had an uncanny ability to always have his
head in the way of the television. Wherever my dad
was positioned, my brother's head was perfectly blocking the screen.
It was my entire childhood. Something I heard, Well, that's
kind of what Starlink's doing for some as drovers. It's
in the way.
Speaker 3 (28:13):
How's this work, Rory? I was wondering where you were
going with that.
Speaker 11 (28:16):
Yeah, So any idea how many Starlink satellites are up there?
Speaker 3 (28:20):
Oh?
Speaker 1 (28:21):
Wow, I bet I bet it's it's gonna be way
more than we would think.
Speaker 3 (28:25):
Right, Yeah, six four hundred.
Speaker 1 (28:27):
Oh my lord, I would have never I was saying,
I was thinking hundreds, and he's sending another forty or
fifty on average every week, so it's getting crowded up there.
Speaker 3 (28:36):
And now he's about to have some competition.
Speaker 11 (28:38):
Amazon is about to launch its own space based web service,
and by some estimates, there could be one hundred thousand
satellites around the Earth by the year twenty thirty.
Speaker 3 (28:50):
So that's one freef podcast. There you go. And that's
why they're this group. I love this group.
Speaker 11 (28:59):
The I just lost their name, the Netherlands Institute for
Radio Astronomy. They're the ones saying, hey, look this next
generation of starlink satellites, the ones that have been launching
in recent months, they emit a lot more radiation than
their predecessors, and they are making it difficult for the
scientific instruments here on Earth to work properly.
Speaker 3 (29:21):
Who regulates this, I mean, who would solve this?
Speaker 11 (29:25):
Well, there are supposed to be rules about radiation and
what you can emit in certain layers of space. There
are treaties that have been signed, and the folks in
the Netherlands say that Musk's News Starlink satellites are violating
those rules.
Speaker 1 (29:41):
Are any of these satellites near our satellite? Because that
would upset me that I would have a personal interest.
Speaker 3 (29:47):
Yeah, it's a strue. Well, if not now, then yes soon. Yes,
that's really the story behind the story.
Speaker 1 (29:54):
Six thousand of them, and we don't what do we
project five years from now about one hundred thousand.
Speaker 11 (30:00):
Well, when you add up all satellites, whether satellites coming
publication one hundred thousand.
Speaker 1 (30:05):
We were going to spring on you something I said
off the air. I don't know why at my age,
it just came to me, but while we were playing
the song, and I just it dawned on me because
you know, when I was growing up, you were either
a John Lennon.
Speaker 3 (30:20):
Fan or a Paul McCartney fan.
Speaker 1 (30:22):
There were very few that were like loving the Beatles
for Ringo or for George Harrison. My son, ironically, sixty
years later, at eighteen years old, he gravitates towards all
the George Harrison stuff. But I was just sitting here
this morning, I thought to myself, you know, really, in hindsight,
johnline and may have been the least talented Beatle. And
the first thought was, oh, I could never say that
(30:44):
on the radio. I'd be But the thing, you know,
the more Jeffrey thought about it, he came to the
same conclusion. I mean, Ringo was probably the worst songwriter,
but he was an underrated great drummer. George Harrison great songwriter,
great vocalist, and great guitarist. I think Paul's the most
talented of all of them. But really, if you think
about it, John may have been the least talented. Well, okay,
(31:05):
no defense.
Speaker 3 (31:06):
No care. Not talented in choosing spouses that broke them
all up.
Speaker 1 (31:12):
Somewhere that's bouncing around on one of the six thousand satellites.
Speaker 11 (31:15):
He said, what officially disbanded at Walt Disney World.
Speaker 3 (31:19):
By the way, is that true?
Speaker 11 (31:23):
And Disney is also where Nixon gave the I'm not
a crook speech.
Speaker 3 (31:28):
I didn't know that. I didn't know either of them.
At the Contemporary hotel. You know, you and I should
wander and drift and thought more often. It's fascinating. Rory's
going to be back.
Speaker 1 (31:37):
A new study says the United States has the worst
healthcare system among wealthy nations. Why is that? Rory will
tell you. Next hour, Rory, We'll talk to them all right,
if you're just joining us, what a week it's been.
All right, So we started the week looking at a
second assassination attempt and what happened a very interesting news conference.
Speaker 4 (31:58):
My radar was up. Ladies, Paul show a dead heat.
We're all in this together. This is your morning show
with Michael Jorna m
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