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December 26, 2025 • 120 mins
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Speaker 1 (00:11):
Well, good morning, and welcome to the Day after Christmas.
Here on the Morning Show with Preston, it's got the
Twelve Days of Christmas, and this is show number seven.
Now on the calendar, it's Friday, December the twenty sixth.
We get that. But today we will be looking back

(00:33):
at the month of July in the year twenty twenty
five as we bring you the sort of the best
of the Morning Show. It's a chronological look at the year,
and we do that by unpacking one show per month,
per day, So today being the seventh show in our
twelve days of Preston, it is the month of July,

(00:55):
and we welcome you now is always the case, we
like to begin with some scripture now today a little
bit of a twist. But first let's get to the
reality that a lot of people face this time of year.
The day after Christmas, a lot of people experience a
bit of a letdown. Now for some it's a relief,

(01:17):
because Christmas is a tough day for many people. For
many people, and perhaps maybe you being alone at Christmas
time is challenging, and I absolutely understand that for a
variety of reasons. Perhaps you just there's no family nearby,
You can't make the arrangements to travel, people can't come

(01:39):
to you, and you end up spending the day by yourself.
And so for you, the day after Christmas is almost
like a relief. To others, it's it's sort of like
the post Christmas blues. People are all fired up about
Christmas and then there's just this letdown after Christmas. Well,
I want to go back to the Christmas story, and
I want to go to Luke chapter verses thirteen and fourteen,

(02:01):
where it says suddenly a great company of the heavenly
host appeared with the Angel praising God and saying glory
to God in the highest and on earth, peace to
men on whom His favor rests. Just take a second
there and think about that. It's the latter part of

(02:23):
that that I want to focus on. Peace on earth
to men and women on whom his favor rests. Well,
who are those who have God's favor, those that have
a relationship with God through his son Jesus, Because Jesus

(02:45):
is the only mediator, There is no other name, And
so this is a promise. The gift of Christmas is
that it's not just Christmas, the Advent, the coming of
Christ is a gift that opens itself up year after

(03:07):
year after year for the rest of your life. And
then if you've made that decision to have Jesus be
your Lord and your savior, or maybe we should reverse
that your Savior and your Lord, well, then that relationship
extends into eternity. And so I just want to encourage

(03:29):
those of you that might be facing a little bit
of the post Christmas blase that you can defeat that
let down by simply embracing the idea of glory to
God in the Highest and on earth, peace to men
on whom His favor rests. I want to also give

(03:52):
you just something to think about that came from the
month of July on the Morning Show with Preston's Good
and it was a little clip that I played from
a podcast called Awake with Pat. Pat is a Chinese
national who successfully was able to legally immigrate into our country,

(04:15):
and she calls America home and she spoke about the
catch twenty two that exists for Christians in China. And
I think what's useful about this is that it offers
us a very unique perspective on our freedoms and one
of the most important freedoms, freedom of religion, the freedom

(04:40):
to be a Christian and not face persecution. Check this out.

Speaker 2 (04:45):
It's not illegal to be a Christian in China, but
it's a catch twenty two situation for Christians school want
to worship God in a church. There are almost sixty
five hundred registered churches in China, and the CCP meant
this that all of them used only him aligned with
the Communist principles. Confrequence must stand to sing the national
anthem and offer praise to the Communist Party before beginning

(05:08):
their worship. The sermons must be revealed and approved by
government officials in advance, with any message lacking socialist themes
subject to censorship. In addition, all registered churches are required
to install facial recognition cameras, including at the pulpit, to
allow the government to monitor individuals whould dare to attend.

(05:28):
In twenty twenty three, the CCP rewrote portions of the
Bible to align with the party's dotrine and the Gospel
of John, where Jesus tells the crowd that he who
is without seeing cash the first stone. The CCP's version
twist the narrative Jesus himself storms the woman to death
to underscore the party's message of zero tolerance for crime.

(05:50):
Since twenty eighteen, the Bible has been available only in
government controlled churches, which raises a haunting question. If these
are the only places the Bible is legally available, and
those Bibles are altered, the Christians in China now have
access only to the CCP's version of scripture. So here
is the catch twenty two. Attend a state approved church

(06:12):
and risk being intoutrionated with CCP altered teachings or wilship
in an underground gos centered the fellowship and risk being harassed, arrested,
or locked up. What would you do? God bless you?

Speaker 1 (06:25):
That offers some perspective, now, doesn't it? My goodness? Gracious,
so grateful to have been born in this country. All right,
it is December twenty sixth, So as we do, take
a look inside the American Patriots Almanac. It was seventeen
seventy six December twenty sixth that after crossing the Delaware,

(06:45):
George Washington's army defeats a Hessian force at Trenton, New Jersey.
King George hired some mercenaries, and and so he brought
them over the problem was the frozen weather. The New

(07:06):
England weather was not very good. Everybody was getting ready
for Christmas. George Washington's men, however, were searching the Pennsylvania
banks of the river for every boat they could find.
They crossed over on Christmas night, despite the snow, the rain,
the hail. It'll be a terrible night for soldiers who

(07:27):
have no shoes, wrote one of Washington's aids. Some of
them have tried old rags around their feet. It was
three am before the last of the troops and equipment
were across. They attacked at the light of day on
the twenty sixth, in blinding snow, and that bold move
might have might have been a very important turning point

(07:52):
in the Revolutionary War. Also on this date, in eighteen
sixty five, James Mason of Massachusetts wins the first un
best patent, a coffee percolator. Nineteen thirty three, Edwin Armstrong
patents the FM radio. He developed it at Columbia University
in New York. In nineteen forty one, Winston Churchill becomes
the first British Prime Minister to address Congress, calling for

(08:15):
courage and untiring exertion to defeat the Axis Powers. So
there you have this date in history, here on the
Morning Show with Preston Scott, December the twenty sixth. So
what do we have for you today. We've got a
ton great interviews, great segments. We've got some things you

(08:39):
might have missed. We've got some callers. Maybe you made
it to the Best of Show just saying God happened.
So stay with us. It's the Twelve Days of Preston
here on the Morning Show with Preston Scott. All right,

(09:10):
welcome back to the Twelve Days of Preston. We are
on vacation, but we're here with you sort of anyway,
kind of. This is a look at the month of
July in twenty twenty five, as we do a year
in review, and so we'll just pick up with a
random segment here that I'm calling twenty five one minute

(09:32):
conversations or something like that. This was shared with me
by the lead research assistant and it's titled the twenty
five one minute Conversations Parenting Rule, and it's subtitled how
to get kids to open up about their feelings with

(09:54):
short talks. And I don't know where this came from.
It's reviewed by Abigail Fagan. And it hinges on boys,
but it really applies to boys or girls, tweeners, I
would say, you know, tweeeners and teenagers. Getting kids to

(10:17):
talk about their feelings is tough. It is. We live
in a society now with the irony of ironies. Social
media has created at least two generations of young people

(10:38):
that don't know basic decorum and don't know how to
have a conversation. They don't know how to look each
other in the eye, they don't know how to look
a parent in the eye, an authority figure. This is
not a virtue to be accepting of. To me, it

(11:03):
is one to be understanding of, to understand that it exists.
And so some of this that I'm going to share
with you take it with a grain of salt. I'm
sharing it because these are a compilation of what experts
may think on the subject today. But I don't necessarily

(11:26):
agree with a lot of this. Some sure, yes or no,
it's better to have twenty five one minute conversations than
one twenty five minute conversation. I would say, no, twenty

(11:52):
five one minute conversations is absurdity. Now one twenty five
minutes conversation it could be too much. That could be
too much that you know, just your kids just dying
well and rolling their eyes, whether they're showing it or not.

(12:13):
There they are the moment it starts going, when will
this be over? I get it, I absolutely get it.
But you're the parent, they're the kid. I do think
that you need to be tactical about your conversation. But

(12:33):
if it takes you twenty five one minute conversations to
make a point, you've lost because they're not learning. How
many twenty five how many days would it take to
have twenty five one minute conversations? And at what point
does someone does the kid go, oh, really, We've talked

(12:54):
about this twenty four times, so I'm sorry. I don't
think it's you know, the twenty five one minute conversation rule.
I think it's not a rule. I think it's it's
it's an extreme exaggeration to make a point that one
twenty five minute conversation might be a little much. It

(13:17):
might not be, depending on the age of the child,
the maturity level of the child, and what you're discussing.
But there are some things in here that I think
are worth grabbing hold of. Goal number one when talking
with your kid learning a little bit more about your child.

(13:43):
Getting to better understand how they're thinking at this stage
in their life, I think is really important. I also
think it's important to try to find a way to
make sure that the line of communication is open. They're

(14:09):
not closing off to you and shutting down. They still might,
but just because that's the way the world is operating
today doesn't mean you have to accept it. And I
think the premise of this particular article is kind of
accepting that, oh, well, that's just the way kids are today.
I don't really care. Now this gets to something that

(14:31):
I think is really important. Are you only talking to
your kids when there's a problem. If the only time
Missy or Junior hears from you is when you're upset
at something, Yeah, they're going to just kind of like
go due and tune you out. The way that you

(14:56):
make your advice, your thoughts, your rules understandable, reasonable, acceptable
is to be involved in your kid's life, to be
talking to them. If the only talks you have are

(15:18):
about problems or conflict, there's a problem. Brevity absolutely has
a place, but again it's not a rule. There's some
topics that might take a minute to talk about, like

(15:41):
thirty of them or forty five of them. But they
need to be a talk. You need to find ways
to get your child to participate. You need to know
your child well enough, well enough to know are they
able to emotionally handle this? Are you suddenly awakening to

(16:04):
the fact that your kid's not emotionally mature. If you are,
then I suggest you begin addressing that like you know now,
and if you need some advice from people on how
to do that, find that advice. But the more we

(16:28):
know about what our kids are thinking and feeling, the better.
We don't have to agree. And that's another point here.
There's this mindset out there that kids are autonomous beings. Well,
no they're not. They're your children, and the Bible says
you're to raise them in the way they should go.

(16:51):
That's and what they do with that is going to
be up to them when they become an adult. But
you're supposed to raise them. They're on your dollar. You're
paying for their phone. Yeah, you ought to know the passwords.
You ought to know what's on their phone, their laptop,
their desktop, they're tablet, you ought to know, Well, I

(17:14):
need my private No, you don't get privacy. You are
my minor my child. It talks about choosing the right time. Well,
I don't think you make appointments to talk about something

(17:34):
that matters. That's just not the right time. There may
not be, for example, your kids had a rotten day,
they got bullied at school, to get picked on at school,
they got a bad test, something went really bad. That
might not be the right moment to have the chat,

(17:54):
unless it's life or death kind of have the chat.
That might be a good time to say, let me
leve on my child for a little bit here, get
around to it in a day or two or three
or four, depending on what the topic is. There are
some example conversations here. I think we ought to listen.

(18:19):
We need to learn to say, what are your thoughts
about this? What are you thinking? I think it's important
to be calm, just like you don't punish a kid
in anger, You just don't. You gotta be gentle to
an extent. You've got to be calm. I like that

(18:39):
word better calm, but you got to stick to your guns.
Here they give a couple of examples here, and let
me get through them real quick. Mom, Hey sweetie, you
just saw an email come through. If you'm a math teachers.
She mentioned you haven't turned in a couple of assignments lately.
What's up, Matthew, stupid? Sounds like you're getting pretty fresh

(19:00):
strat with math right now. It's annoying. Can I go? Annoying?
Got it? Yep? Sounds like you're not really enjoying math
right now? Okay, you can go. Just wanted to check in.
I'm not sure. Here's their second conversation later that evening.
I've been thinking about what you said about math being annoying.
I remember math can be pretty hard. Sometimes. It's just

(19:21):
that we have to show our work. I know what
the answer is. Why do I have to show my work? Well?
That makes sense. The conversation ends with that, No, no, no,
you have to show your work because the teacher asked
you to. And you point out that by showing your work,
you're writing through the process, which helps commit that process

(19:41):
to your brain. You remember what we talked about last
week about written notes versus type notes. See this is
where this article is just silly. All right, The news
is now We'll come back with more of the twelve
Days of Preston. This is day number seven, the month
of July. Here on the Morning Show with Preston Scott.

(20:15):
Welcome back to the Twelve Days Oppression. This is day
number seven, the month of July. I know it's December
twenty sixth, but we're doing a year in review work
with me here. A couple times each month we have you,
as congress Woman Cat Camick with us.

Speaker 3 (20:30):
Good morning, how are you.

Speaker 1 (20:32):
I'm terrific. You have got to be about like really ready.

Speaker 4 (20:37):
I am so pregnant.

Speaker 3 (20:41):
That's the only way to explain it.

Speaker 5 (20:42):
And all of the ladies out there will know exactly
what I mean when I say I am so pregnant,
meaning you can't walk, you can't move, you waddle, you
kind of roll around like a roly poly is it's
the phase.

Speaker 1 (20:57):
And let's just throw into it one hundred degree temperatures,
heat indexes of one hundred and ten. Let's just make
it miserable.

Speaker 4 (21:05):
Oh, I know.

Speaker 5 (21:06):
We really did the trifecta here of insanely hot weather,
very very uber pregnant, and managing to trigger every single
liberal in all at the same time.

Speaker 1 (21:23):
Let's talk about that. The last time we visited, we
discussed the absurdity that you, your family, your staff had
been exposed to because you made some comments about a
pregnancy that you were not able to keep back a
year better a year or so ago. But last week

(21:45):
you introduced a piece of legislation. Let's tell let's tell
people about that.

Speaker 5 (21:51):
Yeah, you know, And as we're having this conversation, I
look out my window and I see, you know, a
deputy right outside my window. That's that's a new normal, unfortunately,
because of the threaten environment that we now operate in
and live within.

Speaker 6 (22:09):
You know.

Speaker 5 (22:10):
It was the end of June we had a profile
done on us by the Wall Street Journal detailing an
ectopic pregnancy that I had experienced actually ended up being
the rarest and most dangerous type of ectopic pregnancy last year,
which for anybody who is not aware, it is not

(22:30):
a viable pregnancy. They've never been viable, and they typically
end up rupturing and causing internal bleeding to the point
that it can kill the mother. And so it's classified
as a life threatening situation. And for women who have
ever experienced this, which there's about one in twenty five

(22:50):
women experience an a topic, and of course one in
four women will experience a miscarriage in their lifetime. Both
require treatment and the thing that is really scary is
we learned firsthand how the misinformation and the politicization of
the issue can really scare doctors. And in my case,

(23:14):
this was about a month after Florida's heartbeat bill passed,
And what ended up happening was the pro abortion lobby
had spent millions of dollars running ads, even going so
far as to geo fence, meaning they literally would target
hospitals and they would push ads to people's cell phones

(23:35):
that were in these these areas saying that if they
treated women who were undergoing a miscarriage or experiencing an
a topic pregnancy, that those doctors or those nurses would
lose their license and go to jail. And so we
experienced firsthand how that caused a lot of fear and

(23:56):
confusion when I showed up at the er, you know,
late one night, and I ended up having to read
the law to the doctors in the room and making
my case. And it's really just crazy because it then
turned into people saying, oh my gosh, you had an abortion.
By the way, not a single professional medical association has

(24:17):
ever classified treatment for miscarriage or topics as an abortion.
That's just a lie that the left likes to perpetuate,
and then they said things like I voted for the bill,
also highlighting that there's a real problem with literacy and
cymcs understanding in this country. And it turned into something
really nasty where my family, my team, myself, my unborn child,

(24:40):
you know, we were all the subject of a lot
of death threats and still are. And again, this piece
was intended to highlight the real lack of access and
resource and the fact that it's difficult to have a
conversation about healthcare in this country and without it turning
political and low and behold the life to prove my point.

Speaker 1 (25:01):
Mainstream media never lets truth stand in the way of
a story, and sadly there are enough people that read, watch,
and follow that nonsense that we just have a bunch
of misinformed folks. And as a result. Congresswoman kat Camick
joins us this morning. She represents Florida's third congressional district
and has introduced the Truth in Women's Healthcare Act. What

(25:23):
does it do? Kat?

Speaker 5 (25:25):
So, this really came out of our experience, but also
wanting to set the stage for what's to come down
the road, which is an effort to tackle real challenges
in our sick care system, because I think collectively we
can all agree we don't have healthcare in this country.
We have sick care, and it's pretty depressing that you

(25:47):
have health insurance companies making health care decisions for folks.
So we started out with this really setting the stage
for never allowing someone to go through what I and through.
You have heard these stories where, like I did, I
was sitting there, you know, eminently about to bleed out,

(26:11):
and people are saying, well, you know, we're not really
sure if we can, and I'm like, I just read
you the law, and they're like, yeah, but you know
that we keep getting all these advertisements and there's got
to be some truth to that. You know. Little did
they know or could we know at that time, but
the state of Florida actually had to sue these groups
in order for them to take it down. And when

(26:31):
you're living in this this era of just mass overload,
people say anything and it gets taken as truth. You know,
it's kind of like, oh, I saw it on Facebook,
so therefore it has to be true. I can't test
how scary that is. And then you look at the
broader healthcare space and you know, people are absolutely completely

(26:54):
taken down rabbit holes and craziness. So the Truth in
Women's Healthcare Act was really just making it very clear
that there is a fundamental difference between an elective abortion
where someone says, you know, a woman says I just
don't want to have a kid, and it is a
viable pregnancy, and they terminate the life of their child.

(27:14):
That is something that I am fundamentally against, and I
know so many people who are right, and we're going
to continue that fight for all life because I believe
all life has value. When you have a situation of
a miscarriage or an actopic pregnancy, those are not viable pregnancies.
They never have been, they never will be. And again,

(27:36):
if you're pro life, you're going to fight for the
life of the mother. And so really making clear that
the abortion lobby can no longer use women as ponds
in conflating what treatment is for those versus elective abortions.
That's what this resolution does, and it will set the
stage for us to start tackling this with insurance companies

(28:00):
and then getting resources to women in particularly rural and
underserved areas. The entire time I was going through this,
I kept saying to my husband, What happens to women
who don't have a doctor, What happens to the women
who don't have a car. You know, it was really
really scary for me. And I feel really lucky because
I've got a car and a husband and I could

(28:22):
pick up the phone and call my doctor. Not everybody's
in that situation, And so we need to make sure
that we're addressing the real gaps and shortfalls in our system.

Speaker 1 (28:31):
Kat If I may just we got about a minute
in this segment, but let me take it a step further.
What happens to the woman who's not a member of Congress,
who oh, by the way, knows what the law in
her state is.

Speaker 5 (28:44):
Yeah, I mean, that's what's so crazy. So we actually
started reaching out to the different medical associations, the American
Medical Association, the Association, the College of American College of
kind of Colleges and obsess e ceterric, and like, we
started reaching out to them and saying, you guys need
to be pushing out accurate information and you can't let

(29:07):
the politics cloud where things are at based on the
era that we're living in. We have to be true
to the science here. And so this resolution, like I said,
it reaffirms that not a single professional accredited medical association
believes that abortion is what happens when you go through
this right. That's going to then translate into tackling the

(29:30):
insurance companies and how they bill, and then it's going
to also create some legal precedent so that again the
pro abortion lobby can never use this as a weapon
to hurt women ever. Again.

Speaker 1 (29:43):
We'll have another visit with Kat Camick later on in
today's program, but when we come back author Randy Terra
Barelli and his book on JFK. So stay with us
here on the Twelve Dates of Preston. Welcome back to

(30:19):
the Twelve Days of Preston. I'm Preston Scott, Jose and
I are taking a little time away from the radio program,
getting ready for a brand new year of exciting broadcasting
here on the Morning Show with Preston Scott, and this
is our gift to you while we are away, We're
not leaving you alone. We're bringing you the best of
the Morning Show in chronological order, just some of the

(30:41):
high marks of the year, keep you up to speed
on what you may have missed, and some interviews you
might want to hear again, like this one with JFK
expert Randy tera Barelli. How did you begin to find
things with a man so public so written about that
filled in the space for I mean, this book's huge.

Speaker 4 (31:04):
Well, Preston, I made a decision when I started this
book two and a half years ago that if I
couldn't break new ground, I just wasn't going to do it,
because I know what you're saying. I'm looking on my
bookshelf right now at about one hundred JFK books, and
and they're all really good books, you know. But what

(31:24):
I do, what I specialize in is family as well
as in politics. And you know, what I found is
that most of the other writers were so consumed by,
you know, the important politics of the time. And the
politics was definitely you know, rightal at that period, in
this period of time, with the civil rights movement, Vietnam,

(31:46):
I'm Cuba, Castro, Cuban Missile crisis, the Bay of Pigs,
all of which I wrote about. But I used the family,
not only his but Jackies as a backdrop. And I
think the death's where this book is different. For instance,
whoever thought about writing about JFK's relationship with his mother
in law? Right I mean, you would never think to

(32:07):
do that, but man, what a powerful relationship that is.
And that's kind of what this book lands on. My
brand is really about family, and that's what this book
is about.

Speaker 1 (32:20):
I'm curious did Jack Kennedy have a choice in becoming
who he became, because it seems as though boy Dad
called a lot of the shots in that family.

Speaker 4 (32:32):
Well, you know, you're right. I mean, the dad was
a very powerful figure in the family, and Joe Kennedy,
the older brother, was really the man who was supposed
to become president. I mean, that was the goal ever
since Joe Kennedy, you know, entered Harvard. But then he
was killed in the war, and next up was JFK.

Speaker 7 (32:56):
But you know, a.

Speaker 4 (32:57):
Popular sort of fallacy has been that, you know, JFK
really didn't have much say in it, But in fact,
he was already very invested in politics by the time
his brother was killed. No doubt his brother would have
been next. But then I think it would have been
JFK's turn, because he really wanted to be a public

(33:17):
servant and he believed in he believed in his country,
and he believed in democracy. And from a very early
age he was very invested, and so I think he
would have been next had his brother live.

Speaker 1 (33:32):
The book is JFK Public Private Secret. I'm with the author,
Randy tera Borelli. Randy, you've written five books on the Kennedys.
Obviously we want to walk this fine line of enticing
people to pick up the book but giving him a
little bit of information in not crossing the line into spoiling.
I'm curious what percentage of the public portion of this

(33:52):
book was new to you as a researcher, in someone
that knows the Kennedys as well as anybody.

Speaker 4 (33:59):
Well, Preston, I have to say a lot of it,
because you know, my previous Kennedy books were really focused
on Jackie. You know, I did Jackie Ethel Joan twenty
five years ago, which was about Jackie and her relationships
with her sisters in law Ethel and Joan Kennedy. And
I did Jackie, Janet and Lee, which was about her
and her mother and her sister. And I did Jackie

(34:20):
Public Private Secret, which was about Jackie sort of created
the grave. But you know, it's one thing to write
about the wife during the Cuban missile crisis and the
Bay of Pigs and you know the beginnings of Vietnam.
It's another thing to go into the Oval Office, you know,
where Jackie wasn't and deal with JFK and his decision making,

(34:43):
and a lot of this was new to me. And
I have to say that I think if you really
want to climber on the Kennedy years without being sort
of overwhelmed, you can kind of dip into this book
and really get a sense of what was going on
in the country at that time time as I did.
I mean, for me, basically it was homework every day

(35:04):
for two and a half years.

Speaker 1 (35:06):
Randy. I don't want to assign what I think, but
I've got this picture of you as you're researching this
book and the way you break it down with public
private secret. You come across these anecdotes and I figure
you're pitching them into one of the three cyclos. How
did you define which where a given anecdote, story or

(35:26):
fact would go.

Speaker 4 (35:28):
Well, you know, for me, if it's well known history,
then that's public. I mean, some things will not change, right.
The Cuban missile crisis is always going to be exactly
what it was, and there are very few secrets left
to the Cuban missile crisis. People have written entire books
about that, right and so that's public. Private is you know,

(35:51):
along the lines of medical records and you know, presidential decisions,
you know, maybe between him and his brother and his cabinet,
and there's a lot of that obviously. In this book.
Secret for Me is sort of the hidden personality of

(36:12):
a JFK. You know, the journey of this man who
was raised entitled and privileged and with sort of a
distinct lack of empathy to grow into a leader and
to grow into a man who was accountable for his
actions not only to his wife but to the country.

(36:33):
That's kind of the secret thread, if you will, in
this book, because I found, you know, that hidden personality
with JFK to be very very, very interesting and something
I really didn't know a lot about. I mean, I
knew that he cheated on his wife because I wrote
about the wife, you know, but I didn't know why,

(36:55):
you know, And in this book I really learned a
lot about the whys of a JFK.

Speaker 1 (37:01):
At what point do you, as a researcher and an author,
decide that this is just too private? I don't I
don't need to share.

Speaker 4 (37:11):
This m that's such a good question, and no one
ever asked me that question.

Speaker 8 (37:16):
And I.

Speaker 4 (37:18):
Got to think about that. You know, I think for me,
and I believe me, there's a lot like that. A
lot comes across my desk and I'm like, you know what, no,
not really, let's.

Speaker 9 (37:26):
Not do this.

Speaker 4 (37:27):
And and a lot of it has to do pressing
with the act, with the feeling that there's not enough context.
You know, it's because I wasn't there, and and and
that might be a decision that was made to do
something that I really think is was not a great decision,
But I don't know all the reasons why the decision
was made. And I always tell my researchers have a

(37:51):
staff of people who helped me with my books. Just
because something is true doesn't mean it needs to be
in the books. You know, it needs to move the
story forward in a way that is empathetic and dignified.
If it's just going to be something that's in there

(38:12):
for titillation purposes or because maybe it might sell books, now,
that's not what I do, you know. And so I
guess really to answer your question, it's my own moral
compass and the way that I was raised and how
I feel about people and wanting to just be fair,
you know, as a biographer and as an historian, you know,

(38:34):
being fair really.

Speaker 1 (38:36):
Matters when we get to the secret portion of this.
How much of the secret is his personal private life,
how much of it is his work as a member
of Congress or President of the United States?

Speaker 4 (38:55):
Well, president, the secret really is a private life, you know,
I mean it, it really does have to deal with
the private decision making. And you know what it was
that led him to be, you know, such a terrible
husband to his wife. And you know, throughout history, it's
always been blamed on the father. You know, it's the

(39:18):
common sort of trope has always been, you know, the
father Joe Kennedy cheated on the mother, and Ruis Kennedy
and so JFK then cheated on Jackie. And I always
thought that it's such an easy leap and such a
sort of you know, not really smart way of looking
at it, but sort of like the easy way of

(39:39):
looking at it.

Speaker 1 (39:39):
That's a cop out.

Speaker 4 (39:40):
Yeah, And so I did. I did a lot of research,
and I found that it's partly true, but it's not
entirely true, because the rest of it is is the mother, don't.

Speaker 1 (39:51):
Leave us back with our number two of the Twelve
Days of Preston on The Morning Show with Preston Scott. Hey,

(40:14):
good morning friends, Welcome to the Day after Christmas. It
is Friday, December twenty sixth, but for our purposes, it's
day seven of the Twelve Days of Preston, which means
we are taking a look back at the month of
July in the broadcast year of twenty twenty five. Now
we cover a lot of topics here on the Morning

(40:36):
Show with Preston Scott, and one of my favorite topics
to talk about is energy and the hoax that I
have renamed gorbel Warming. Let me tell you who Tommy
Waller is. Tommy Waller is the President CEO of the
Center for Security Policy. Retired Marine Corps retired at the

(41:01):
rank of lieutenant colonel. Served more than two decades as
an active duty officer and in the reserves, with deployments
in Afghanistan, Iraq, Africa, and the Caribbean. In two thousand
and seven, he accepted orders to Officer Candidate School at Quantico,

(41:22):
where he completed the Marine Corps Expeditionary Warfare School. Got
a little game, Let's listen to Tommy Waller.

Speaker 10 (41:35):
The summer of twenty nineteen, a massive transformer was seized
at the Port of Houston by the US federal government
and the Department of Energy, put under federal escort to
Sandia National Laboratory. As during the Trump administration, when we
were serious about these things, why why was that transformer seies?
Why was it brought to Sandee? Came from China, came
from China. What did they find in it? Officially, we

(41:55):
don't know. That report is still classified. But one of
the Trump administration officials that worked at the National Security Council,
Latham Sadler, he discussed on an interview how they had
found a hardware backdoor in this transformer that would allow
someone to remotely switch it off.

Speaker 1 (42:10):
That was twenty nineteen.

Speaker 10 (42:11):
May first, twenty twenty, President Trump passed an executive order
called Securing the Bolt Power System. President Trump declared a
grid security emergency. At the time, our nonprofit was tracking
the numbers these things. He's Chinese transformers. There's about three
hundred and the grid. That executive order was meant to
address that threat. On the very first day of the
Biden administration, that executive order was suspended and the floodgates

(42:32):
were reopened to the importation of Chinese transformers. We pulled
the numbers two weeks ago, four hundred and ninety two.

Speaker 1 (42:41):
Think about that now. The executive order Trump's sign was
Executive Order one three nine two zero. Biden reversed it,
claiming that it was necessary to increase electrical grid security

(43:10):
and using China's transformers because it's one of the world's
major manufacturers of electrical grid equipment, and energy regulators cite
the need to modernize equipment as part of the reason
why the band was reversed. And this all connects together

(43:31):
with our next little sound bite. Only our next little
sound bite is actually from nineteen ninety two. We've discussed
over the years the concern of the interconnected grid, and
I've had people write to me and explain why it

(43:54):
has to happen, and I completely disagree. I'm sorry, I
just do well. You know, in a natural disaster, you
need to be able to shuttle power over to help.
I'm sorry. Those times of inconvenience due to a storm

(44:15):
or what have you are nothing compared to the ability
of an adversary of this country to shut us down.
Just for a second, consider what happens if we lose
all power? You go into the store and buying anything

(44:36):
you got cash? Can they accept it? Can they ring
it up? What about purchasing gas? No swipe? Swipe your phone?
How long are you gonna keep things charged? Will sell
towers operate? Universities in this country have done studies of

(45:01):
this speech. I'm playing a two minute and thirty one
seconds excerpt. This was at a function that was televised
by c SPAN, and it featured an address by noted
news commentator Paul Harvey nineteen ninety two. Early a week

(45:25):
goes by?

Speaker 11 (45:26):
But what some researcher tries to scare us or trick
us out of research money by claiming that the sky
is falling and with the willing complicity of headline hungry media.
A recent crisis of the month had to do with

(45:49):
global warming. An ozone hole is opening up over the
United States, we were told, the effects of which were
already measurable in an increase in skin cancer. On the contrary,
destroying chlorine around the polar vortex has been declining since January.

(46:12):
A major objective of a recent shuttle mission was to
determine the scope and scale of the so called ozone whole,
and the silence since has been deafening from those whose
livelihood depends on creating crises. Recent data from the upper
atmosphere research satellites affirms that any problem is less, it's

(46:36):
not greater. Ozone levels fluctuate all the time, partly because
of volcanic activity and solar flares. But MIT's Technology Review
has made an exhaustive study worldwide ocean temperature since eighteen
fifty one has concluded that there appears to have been
little or no global warming over the past century. In fact,

(46:59):
that rise in world surface temperature during the last century,
which was about one percent, almost all occurred before nineteen forty,
and that was before aerosols, and that has since been reversed.
Former NASA chief Robert Jastro and former script's director William Nahrenberg,
Past President of the American Academy of Sciences Frederick SIPs

(47:23):
All have concluded in a scathing rebuke of those who
make money by predicting global warming, quote, if we allow
ourselves to be influenced by press release, we could spend

(47:44):
a trillion dollars over the next decade, destroying what's left
of the American economy in an utterly unnecessary attempt to
repeal the industrial revolution.

Speaker 1 (47:57):
That was September thirtieth, nineteen two. Look what's happened. They're
back there making money, creating panic. The sky is following

(48:18):
the skies doing their chicken little and we have, largely
from a policy perspective in our country because of Democrats,
bought into all of this. Now, when we come back
to the Twelve Days of Preston, I'll be joined by
Salnuzo and we'll recap the legislative session of twenty twenty five.

(48:43):
It was an interesting session, a little tumultuous, times acrimonious
as well. So stay with us. It's the Morning Show
with Preston Scott and our gift to you the Twelve
Days of Preston. Welcome back to the Twelve Days of Preston.

(49:16):
This is show number seven, which means the month of July. Now,
I know some of you are like, really, you got
to keep playing Christmas music? Well, yes, I do. I
want to keep celebrating Jesus with festive sounding songs. Because
I can't play hymnals and you know, full blown Christmas

(49:38):
songs here, I have to tone it down a little bit. Anyway,
it was July, and that means it was time to
try to figure out what happened in the legislative session.
As the kids like to say, in a minute, Yeah,
it's been a hot minute. Yeah, oh, hot minute. Yeah.
I've heard my daughter say that once or twice. I
had to have someone to find it for me the

(49:58):
first time I heard it. What do we talking about it?

Speaker 7 (50:00):
Here?

Speaker 1 (50:01):
Sal Muzzo with Consumer's Defense, Sal pays attention. He's our
guru on all things Florida legislature and that has not changed.
But now the session's over. Yeah, and literally at the
last final moment, they got the budget across the finish line.

Speaker 12 (50:17):
Yeah.

Speaker 13 (50:18):
I mean we had talked in I think it was
June or late May whenever we were in last and
they had a cutoff for getting the budget to the
governor to have it enacted by July one, and they
got right up to that deadline. And you know, one
hundred and five days. Longest session in my career in

(50:41):
Florida policy, and definitely one of the more unique ones,
not for all of the best reasons. But they got
it done. And now they're you know, already beginning to
think about prep for twenty six. We'll get to what
did and what didn't get done, and I'm sure that
in the months to come will maybe notably focus on

(51:02):
the things it didn't get done that might get teed
up next time. But let's focus on the constitutional mandated
requirement of getting a budget done. Yeah, it is, as
you mentioned, the one constitutional requirement that they have. They
took quite a long time to get it done this year.
The governor signed it. Final figure was one hundred and
seventeen point four billion dollars. The budget that passed was

(51:24):
one hundred and seventeen point nine line item veto's a
shade under six hundred million, two consecutive years of actual
reductions in state spending, which is a boon and a
tale to be told to every other state as well
as the federal government.

Speaker 1 (51:42):
What do you think is most notable about that.

Speaker 13 (51:45):
One of the things that I really kind of paid
a lot of attention to, is anybody who's in the
process did was the battle between the House, the governor
the tax package. The notable piece of this was that
it was basically a state Neither side got what I
would consider a win on that. And we can kind
of talk a little bit about kind of some of

(52:07):
the tax cuts that passed, but the base tax rate
reduction that the Speaker was pushing didn't go. The reduction
or elimination of property taxes that the governor wanted didn't go.
And in fact, interestingly enough, one of the line items
that the governor did veto was an appropriation for a

(52:30):
study on how to best do that property tax elimination.
He vetoed that and said, no, we should know how.

Speaker 1 (52:37):
To do it.

Speaker 13 (52:37):
We don't need a study, we don't need a committee,
just get it done. I think that is it's telling,
and I think it's going to be part of what
his positioning is in twenty twenty six.

Speaker 1 (52:51):
When you look at the budget and you look at
the fact that we've it's a stunningly successful budget by
in terms of a national comparison, right, yeah, I mean
the big comparison is always with New York New York.
New York.

Speaker 13 (53:04):
New York has got three million fewer residents and a
state budget that is more than twice what Florida is.

Speaker 1 (53:10):
When it's all said and done, I feel like the
property tax elimination, you know, I've been advocating it for
twenty three years, that said, I think it needed a
little more time to percolate to just throw it out
there without a little more study. And I kind of
think that maybe there does need to be some study.

Speaker 13 (53:29):
I'm not I'm sort of with you. I'm not of
the position that it Well, let me back up. I
think for folks that are playing a role in policy
and moving policy across the finish line, they will often
articulate that most things that are a little bit contentious
or controversial or have a big price tag, you've got
to expect a two to three in some cases for

(53:51):
cycle process for it to actually get done. And so
I think we may be in year two of that now.
And I don't don't necessarily think the brass ring is unattainable.
I just think that, like you said, there may need
to be just a little bit more math done because
of the fact that local governments are the ones that

(54:12):
rely on the tax revenues for the things that they do.

Speaker 1 (54:16):
And that's the part that I mean, the consideration of, Okay,
what will the governments likely do in response to this
to raise their revenues.

Speaker 13 (54:23):
Yeah, and so there may need to be other bills
that go along with this, what we would call the
Truth and Taxation Bill, things that the state may want
to pre em them on how much local option they
could do things like that, where at the end of
the day, local governments will need to provide services that
they're going to need revenue. It's just a question of

(54:45):
how they're going to get it. And that's why, like
in any other case, with something like this, it may
just take two or three cycles.

Speaker 1 (54:54):
On the House Speaker's proposal that to me was just
not worth considering. But that's just my personal viewpoint. I
just I think it's it was a foolish idea.

Speaker 13 (55:03):
Yeah, I think politically the narrative was in his favor.
I think it's easy to message. But at the end
of the day, far too much of the sales tax
revenue is paid by tourists visitors, and there are far
too many carve outs, loopholes, exemptions in the sales tax
to make it something that would have mattered more than
a few bucks a month.

Speaker 1 (55:22):
Let's go through some highlights.

Speaker 13 (55:23):
Sure, so fifteen point seven billion in reserves added eight
hundred and thirty million, and I thought this was notable
because of the juxtaposition with the FEDS. Eight hundred and
thirty million in funding for Florida's Accelerated Debt Repayment program.
So the state's actually going to pay off about half
of the debt accrued since we became a state in
eighteen forty five. Now compare that to Washington, DC, and

(55:48):
Florida does this without a state income tax. We do
it by having a great business climate, by having a
regulatory system that encourages investment, encourages business to start open
and grow in the state, and we broaden the base
of economic development in a way that makes this all possible.

(56:11):
The contrast to Washington could not be more stark. On
the state balance sheet, what are the debts? What's the total?
Oh gosh, I would have to go back and figure
it out, because I know that they've taken it down
a bunch since Rick Scott.

Speaker 1 (56:26):
Yeah, Rick Scott's been noted for doing that.

Speaker 13 (56:29):
And I believe debt occurs when like they need to
issue bonds for certain things and down periods and whatnot,
and so it accumulates and we're paying interest and so,
but it is still debt and it's on the balance well.

Speaker 1 (56:42):
Well, but that now starts to be offset by reserves
and the Rainy Day Fund and all of these things,
so we might not be relying on having to do
that in the future, right exactly.

Speaker 13 (56:53):
That is the salient point that as we're building up reserves,
as we're adding to those rainy day funds, we're making
it more likely that we will not have to issue
dead in the future, which again is something I wish
Washington would take note of.

Speaker 1 (57:07):
Imagine if the state of Florida called in to Dave Ramsey, right,
called into the Dave Ramsey Show, and the State of
Florida said.

Speaker 13 (57:15):
Freeda're debt free? Did the we we're debt free? Yeah, yeah,
We're not quite there. No, but the fact is it
can be. The state can be debt free. And what
a statement that would make absolutely again a contrast to Washington, DC,
a beacon to every other state out there that you

(57:35):
can in fact operate a state government in an efficient
and effective manner. Pay raises for state employees, yeah, pay
raises two percent. You know, it's probably around what a
cola would be at this point, but it doesn't really
get it all the inflation we had under the Biden administration. No, however,
there are some ten and fifteen percent increases coming for

(57:56):
public safety employees with more than five years in this
in the job, and so there's a number of ways
at which we're trying to continue to bolster the state workforce.

Speaker 1 (58:07):
There we always hear about sales tax holidays. Yep, what
happened there. So, but first I want to go to there.

Speaker 13 (58:16):
But I do want to highlight the fact that the
business rent tax has been eliminated completely. We were the
only state in the country that levied a sales tax
on a commercial lease. So if you own a business
and you rent your space your office, you had to
pay a sales tax on that. That will that's going
away completely. July one, did it go away?

Speaker 1 (58:37):
Does it go away in the fall? I believe July one?
So it's done.

Speaker 13 (58:40):
Yeah, it's done. Nice on the sales tax holidays, permanent
back to school sales tax holiday every August for clothing
under one hundred, school supplies under fifty learning aids, personal
computers under fifteen hundred. Permanent sales tax exemption on event tickets,
state park admissions, life jacket, sunscreen, bike helmets, insect repellent.

(59:00):
You know, all of this stuff are outside disaster preparedness
items also permanent exemptions there, batteries, generators, tarps, all of
that around year round. Second Amendment Sales tax holiday September
eighth to December thirty first on purchases of firearms, bows, ammunition,
tent sleeping bags, stoves, fishing rods, all of that stuff.

(59:21):
Now in theory, you know, great, the libertarian or the
free marketer in me is more of a all right, you're
really just shifting purchases and it makes it a little
bit more challenging for the retailers to manage inventory. But
with that said, I mean we've become accustomed to them,

(59:42):
and with the tourism the way it is, I understand
why they go about it this way versus the rate
reduction on the whole.

Speaker 1 (59:50):
All right, let's do some news when we come back.
Jerome Hudson joins me from Breitbart dot Com here on
the Twelve Days of Preston. Back with the Twelve Days

(01:00:22):
of Preston. About halfway through the program for the day,
it's show number seven, which means the month of July.
Now maybe Friday, December the twenty sixth on your calendar,
but before you know it, we'll be back on January
fifth with new live editions of the Morning Show. But
in the meantime, he is a friend. I love him

(01:00:45):
as a brother. He is a former intern on this
radio program. And then he transcended all of that, and
he overcame the obvious handicap of being part of this
show for a period of time to become a author

(01:01:05):
of the Fifty Things books and now the entertainment editor
and has been for how many years have you been
the entertainment editor at Breitbart dot com Jerome.

Speaker 8 (01:01:13):
Hudson, twenty seventeen. I believe come on, yeah, come on.
The Harvey Weinstein story sort of broke the me too
wave showed improved. I cut my teeth, as you said,

(01:01:33):
in the right place.

Speaker 12 (01:01:34):
At the right time.

Speaker 1 (01:01:35):
Well or not, you learn what not to do, how
not to talk, how not to report, how not to
do any number of things. I mean, there could be
an argument made for a special T shirt that says
I survived TMS W slash.

Speaker 8 (01:01:50):
Ps no no, no. Anytime I'm behind a lectern, I
usually I usually do a name to what might seem
to the audience it's just you know, a random person.
But I will that to you.

Speaker 1 (01:02:10):
No stop it stop it, tell me more, tell me more. Now,
I'm just kidding. I'm just kidding. Hey, I want to
get your unadulterated, unfiltered view of this absurdity known as
the Colbert reaction.

Speaker 8 (01:02:28):
Yeah, it's it's about what you might expect preston from
a media and entertainment media landscape that is just almost
completely devoid of independent or critical thought. I think if you,
if you wanted to, just look at the sheer finances

(01:02:51):
of putting on The Colbert Show at one hundred million
dollars a year with a staff of two hundred people,
and you're losing forty million dollars a year if you're
CBS and if you're Paramount, forget the sky Dance merger.
That's a lot of money to be losing on a

(01:03:11):
show that is the number one rated show, but it's
still pulling in less than one percent of the American
TV viewer.

Speaker 1 (01:03:19):
Can I ask you, Jerome, Jerome, you you this is
your world? You know? Yeah, you have a lot of
knowledge on a lot of other topics outside of entertainment,
but this has been your focus for your going on
to a decade soon When when you say he's number
one in his time slot, but he's losing forty to
fifty million a year, How does that reconcile? Is that

(01:03:44):
on the sales department at CBS? Is that? Why is that?
How does that math add up?

Speaker 8 (01:03:51):
Well? If Stephen Colbert was not an appendage of the
Democratic National Committee five nights a week, he would have
a larger audience. I can't really say it better than
Jay Leno did over the weekend when he says the
political partisan lectures at Stephen Colbert not only does in

(01:04:14):
his monologues, but on the night that he announced Preston
that CBS was canceling his show in ten months, he
had Adam Shipp Senator from California, on as his guest.
I mean, there there are there are a few people
in elected office in this country who are more deviant

(01:04:36):
and undeserving of of the of the office of the
United States senator. But it's California, right. I Mean, the
guy is just a bludget for the worst kind of politics.
And that's and that's Stephen Colbert's guest. And I mean

(01:04:56):
it just it just it just shows you. It just
tells you everything you need to know about the show.
So the Stephen Colbert's Late Night Show is bad business.
Has been bad for business for the better part of
a decade. Just losing forty million dollars a year. You
can't justify that. And the product is bad. And I

(01:05:17):
know this not because you know I have my biases,
but because again, the numbers don't lie. In the weeks
before Colbert's show was announced that it was going to
be canceled, he was averaging about one point nine million
viewers at night. He got half a million viewership bomb Preston,

(01:05:39):
just because of all the fanfare and drama around the shows,
bringing his total average viewer up to about two point
four million. That still last than Greg Guttfel's show. In
the same time frame, Greg Gutfel was getting three point
one million viewers in the same week that Steve Colbert

(01:06:00):
was riding a half a million viewership bump. And again,
Fox News is available in tens of millions of few
homes than CBS. And you know, it's the same people,
right who are ostensibly the same audience staying up around
the same time to watch, you know, the same kind

(01:06:22):
of show, but it's a very different product. And so
you're losing tens of millions of dollars if you're Stephen Colbert,
and it's a very partisan show. So You're not going
to get any favors, you know, even even if you
wanted to make the free speech argument. I mean, CBS
runs over public airwaves and it is again just a
reliably nightly, forty four minute propaganda outfit for you know,

(01:06:48):
the Democratic Party. Basically, it just there's just no other
way of looking at that. I mean, just look at
the guest list every week for Stephen Colbert, and so
you know, this is how you might expect the left
to react. Once again, they're losing, you know, a foot
soldier right. If you look at the left, they've had

(01:07:11):
just an asymmetrical advantage over the right. Of course, you
know this, but we probably don't talk about it enough.
Whether it's in the media or academia, in education K
through twelve, it is a left leaning slant. And if

(01:07:32):
the election of Donald Trump last November has done anything
it has weakened president the left and just about every aspect.
You look at the universities, you look at the cash
on hand for the DNC versus k RNC, you look
at the polls, I mean, everywhere you look. The left
and the Democratic Party the crumbling and Colbert being canceled

(01:07:56):
was just another seismic shift. It's beautiful. I think that
blessed America.

Speaker 1 (01:08:07):
What does CBS do to fill the time slot? Do
they stay with the late night show formatic and try
to find somebody that's not going to be so insulting
to both to the other side or what.

Speaker 8 (01:08:19):
No one knows the answer to that question because CBS
did not answer it, and they answered it in so
far as to say Preston that they will actually cancel
the late night franchise. And you know, I'm looking at
a story I need to edit and publish from David Letterman.
I think it's his third time in a week Preston

(01:08:40):
coming out publicly trashing CBS, trashing paramount for canceling Colbert.
And it is sort of one of those stunning situations.
I mean, this is this is business at the at
the highest echelons. And to just cancel not only Colbert,
with the entire franchise and then not sort of lay

(01:09:02):
out at least to your investors or you know, potential
viewers who have grown up with that franchise, it really
is stunning. They just knew that they had to cancel it,
and that was more important than rolling out some sort
of half baked idea to fill it with. But I

(01:09:22):
do think, I mean Byron Allen is a media mogul.
He is a comedian in his own right, and so
I think that there will be some sort of variety, comedic,
sort of far less partisan show to fill that slot.
But that's all rumors.

Speaker 1 (01:09:42):
So oh, I love that young man, Jerome Hudson. Our
paths intersect on so many levels. We see the world
the same way we love Jesus, and I mean we
have the same sense of style and fashion where our
very similarly. It's just a dear friend brother. As I said,

(01:10:04):
I love him. All right, back with more of the
Twelve Days of Preston. All right, let's finish up the
second hour here on the Twelve Days of Preston, Day

(01:10:26):
number seven, Show number seven, the month of July, with
a visit with one of our regular guests. He is
from the Heritage Foundation, he's on the board of trustees
at West Florida College, and he's our friend, Zach Smith.
Week ago you wrote a piece titled look to London
for a Glimpse of New York City's future. This is

(01:10:48):
all been precipitated by Zooran Mom Dannie Tell everybody who
he is.

Speaker 12 (01:10:59):
Yeah, he's the leading candidate to be in New York
City's next mayor. He recently won the Democratic primary race,
and of course the heritage. We do policy, not politics.
But what I did I looked at Zoron Mam Donnie's
policies and it's not an exaggeration to say, Preston that
he is pushing hardcore Marxist policies in a host of areas,

(01:11:23):
and everything from policing and public safety, which I write
a lot about, to economics and housings. He's proposing to
start government run grocery stores. It's an absolute horror show
in terms of the policies he's putting forward. And at
that point out in my piece, if we look across
the Atlantic Ocean to London, where many of these same

(01:11:44):
socialist type policies have already been implemented, it's been an
abject failure that I've led to more suffering from the
citizens there, and I think we could expect more of
the same in New York City if Mom Donnie is
elected and able to implement his policy as well.

Speaker 1 (01:12:01):
I want to just take a step backwards for a moment,
because I feel as though there's a lot of confusion.
We hear socialist Marxist Donald Trump says communist. Is there
really a difference.

Speaker 12 (01:12:18):
Well, I would say they're all problematic ideology, sure, with
policies that don't work, that fundamentally don't work. But there
is a difference in terms of how far each is
willing to go with their policies. And certainly I think
if you look back to someone who identifies as a communist. Now,
I don't know that Mom Donnie would self identify as

(01:12:40):
a communist, although I would say if you look at
what he has posted on his x feed previously, I
think he is certainly closer to that communist end of
the line. And what it means is typically in terms
of how far they're willing to go in terms of
undermining a basic capitalist concepts, how far they're willing to

(01:13:02):
redistribute property and wealth through taxation and other means as well.
And look, I think what's really revealing Preston is Mom Donnie,
you know, four or five years ago, tweeted a well
known phrase that Karl Marx himself coined is something to
the effect of everyone according to their ability, everyone according

(01:13:24):
to their need, and anyone who's familiar with that knows
that phrase or some version of it came directly from
Karl Marx himself to push his new communist ideology. So, look,
this is problematic stuff from top to bottom, and nothing
good for New York City or from our country will
come from it. If Mom Donnie is able to implement

(01:13:46):
these policies.

Speaker 1 (01:13:47):
I want to do a little deeper dive into what's
gone on in London. But before we do that, and
before the break, let me just ask you how problematic
is this guy's candidacy for the ranking members of the
Democrat Party, not just in New York but congressionally.

Speaker 12 (01:14:07):
Well, I think it's very problematic. Look, even some congressional
leaders have had to condemn certain of his policies. In
addition to his problematic economic policies, he's also adopted many
anti Semitic policies as well. He's refused to condemn anti
Semitic slogans like globalized the in Timbata, other chants that

(01:14:30):
have basically condemned Israel for their actions in Gaza, and
so this has created a very real problem for Democratic
candidates and officeholders nationwide. But again, just from a policy perspective, Preston.
I think we should all be horrified at some of
what he's proposing.

Speaker 1 (01:14:51):
Zach Smith with me from the Heritage Foundation. We're looking
at what is coming to New York City should they
go ahead and elect Zoron Mamdani as their next mayor.
And he compares what it could look like by looking
at what it does look like right now in London.

(01:15:14):
Paint the picture in London, who the mayor is and
how in the world did this guy get elected? And
what's he done.

Speaker 12 (01:15:20):
Yeah, it's not a good situation in London. It's the
current mayor is someone named Sadique Khan. He's a socialist
as well, not quite as far left as Zoron Mamdani,
but certainly he embraces socialists of quasi Marxist type policies.
And if you look at what's happened in London since
he's been elected, you've seen crime, sore, violent crime, stuff,

(01:15:43):
shoplifting are all up. It's public housing sector in London
is abysmal. The private rental sector. He's taken efforts to
try to shrink that intentionally, and so as a result,
you're seeing a surge in homelessness. He's also helped to
weaponize London police to monitor on mind speech, to enforce
kind of the liberal socialist orthodoxy. I think we've all

(01:16:05):
probably seen pictures of people in the United Kingdom and
London specifically being arrested for praying silently outside of abortion clinics,
for being interrogated about posts they've made on social media.
He's certainly been supportive of those efforts as well, and
unfortunately he's also helped to stoke some of the same
anti Semitic type rhetoric that we've seen. Mamdani helped to

(01:16:30):
stoke as well. And I'll give one example that I
talk about in my piece. In twenty twenty three, on
our Mystic Day, which is the UK's equivalent of Veterans Day,
essentially three hundred thousand pro Palestinian demonstrators disrupted the ceremonies
the other solemn events that were taking that day, and

(01:16:50):
Ken didn't really rebuke them, We only nominally said something.
And as a result of that reported anti Semitic incidents
in London it surged by staggering one three hundred and
fifty percent in the weeks afterwards. And you see this
time and time again in a speech he gave at
the close of Ramadan he condemned Israel for their supposed

(01:17:13):
occupation of Gaza, and yet he never has condemned Hamas
Preston or there October seventh attack in that same speech
or anything like that. So problematic stuff from top to bottom.

Speaker 1 (01:17:27):
We've documented on the show Zach the headway that Islam
has made in England, but certainly in London, the existence
of Shariah courts across the country. Is this an indicator
his election and his place in London? Is this an
indicator of just British indifference or is this a greater

(01:17:50):
indicator of Islamic impact and influence.

Speaker 12 (01:17:55):
Well, you know, it's really a strange situation because if
you look at his policy these many of his policies
are very left leaning, very liberal, very out of line
with other Muslim members of the British political community there.
And so you have him focusing on things like climates, justice,

(01:18:16):
things like DEI initiatives, and really the one area, unfortunately
where he seems to align, particularly with other far white
members of the Islamit community there in Britain, is in
some of the anti Semitic rhetoric that he has embraced
and used and allowed to flourish under his rule. And look,
I think again, if you look at Mamdani and some

(01:18:38):
of what he said, you know, not a lot of
people realized before he was a politician, before he was
in the State House there in New York, he was
a small time rapper essentially, how I would phrase it.
He performed under the stage name mister Cartermom. You can
go on YouTube look up some of his videos, but
there's a line in one of his songs he says,

(01:19:00):
quote my love to the Holy Lane five, you'd better
look them up. Well, I did look them up, and
I think your readers, if they're exteristy, can look them
up as well. And if you do that, you'll quickly
find out that the Holy nine to five are individuals
who are convicted of funneling millions of dollars to Hamas.
And that is the individual that he was giving praise

(01:19:21):
to before he was ever in the political world, before
he was in the political arena. And I think that's
a very problematic thing in and of itself.

Speaker 1 (01:19:30):
Our friend Zach Smith from the Heritage Foundation, as we
wrap up the second hour, this is show number seven.
The month of July, a year in review, twenty twenty five.
Here on the Morning Show with Preston Scott, we come
back your calls. That's right, conspiracy callers, we asked you
to way in on the conspiracy theory that you will
go to your grave believing. That's coming up next here

(01:19:53):
on the Morning Show with Preston Scott. Welcome back to

(01:20:16):
the Twelve Days of Preston. This is show number seven
the month of July. And as we start the third
and final hour today's program, we're going to share a
caller segment. Now, I as I'm always taking a chance
when I take some calls, and this topic was ripe
for some very interesting callers. We are asking you a

(01:20:41):
question that was asked online. You don't even have to
use your real name, and I understand for some of
you you're like, oh, if I call in, people will
recognize my voice and they'll know that I believe this stuff.
Disguise your voice if you have to use a phony name,

(01:21:02):
I don't care. What I care about is what conspiracy
theory you could You could believe in fifty of them,
but what is the one you will go to your
grave believing. Let's go to Lee. Lee, thanks for calling
into the program. What conspiracy theory do you hold to

(01:21:23):
with all of your heart and why?

Speaker 14 (01:21:27):
I always believe that the last when Joe got elected,
it was rigged. It was rigged by the following ballots,
It was rigged by the by the rule changing for
all the rule changings in the state, and I believe

(01:21:48):
it was it was. I've watched two thousand mules, and
I always believe the election was rigged. And then I
always believe that the Democrat Party and in essence between
Obama and Joe's staff, really ran the last four years.
I don't think Joe had his act together.

Speaker 1 (01:22:10):
Thank you, Lee, appreciate that That's exactly what I'm looking
for right there. Thank you Lee for breaking the ice
eight five zero two zero five WFLA. What conspiracy theory
do you believe with all your heart and why? Ken,
thanks for calling into the radio program. Good morning.

Speaker 15 (01:22:29):
Hey, So, I had a chance to meet a gentleman
who was really high up in the USDA for over twenty
five years, and he laid out all the evidence to
support the idea that LBJ really orchestrated the who and
have jfk assassinated with the heart with the help of

(01:22:52):
the intelligence.

Speaker 1 (01:22:53):
Community, Bob, thanks for calling into the program.

Speaker 16 (01:22:56):
How are you okay?

Speaker 17 (01:22:58):
Mine is the latest of the conspiracy theories, and that's
Obama Valrie Jarrett, Susan Rice at all on the takedown
and the control of the United States government after he
was taken out of office or his term ended, and
they're still doing it. And now they're trying to spin

(01:23:21):
the fact that oh Jesus is ancient history. Let's go
on to something else serious like Epstein.

Speaker 1 (01:23:31):
Right, all right, sir, So.

Speaker 17 (01:23:34):
We need to we need to pursue Obama and his
compadres like they're doing now, and don't weaken.

Speaker 1 (01:23:42):
Hey, Bob, I don't want to get off on that
at this point. I just wanted to know about the
conspiracy theory and why this isn't about solving it. I'm just,
I just I just want to keep it focused, laser
focused here eight five zero two zero five WSLA. Want
to know what can your theory? Do you believe with

(01:24:02):
all your heart go into your grave, nothing's changing your mind?
And why Let's go to Randy. Hi, Randy, Hey, good.

Speaker 18 (01:24:13):
Morning, Preston. Mine goes all the way back to the
early eighties, nineteen eighties. There was a report that when
HIV started, it was a contaminated smallpox vaccine and I'm
holding that onto that, and I think several other pathogens

(01:24:36):
have been man made in the lab and are continually
being spread. I believe in it so much. I actually
had a novel published about it.

Speaker 1 (01:24:50):
How's that for another bank shameless prom shamelessless. Go ahead,
tell everybody the name of your book.

Speaker 18 (01:24:59):
It's all the Solution and it's available on Amazon, Kindle
and paperback.

Speaker 1 (01:25:05):
Thank you, Randy, appreciate the phone call, you bum. Let's
go to Vic, Hi, Vic, you are up.

Speaker 6 (01:25:13):
Hi, Preston. I believe in the cancer thing that they
truly don't want cancer to be cured, because my wife
is a natural health pa has cured several people of
stage four cancer and just using herbs in different healthy remedies.

(01:25:37):
And I've literally got rid of some skin cancer by
you just using frankinsense, and so I've seen that, and
that's one I truly believe.

Speaker 1 (01:25:50):
Let's get another call or two in before the break, Edward,
you are up your conspiracy theory and why good.

Speaker 3 (01:25:55):
Morning, Preston. It's going to be the JFK assassination. It's
playing the stem were born in sixty three myself as
a kid on a twenty six inch RCA TV with
VHS tape.

Speaker 4 (01:26:06):
I watched that.

Speaker 3 (01:26:07):
Tape over and over and over, and even I knew
as a kid when he was shot from the front,
your head doesn't go that way, you know, it was.

Speaker 4 (01:26:14):
It was just obvious.

Speaker 3 (01:26:16):
I mean as a as a teenager, I knew it.
So that's mine.

Speaker 1 (01:26:20):
So just to clarify, your conspiracy theory is that.

Speaker 3 (01:26:26):
There's two shooters got you. There's no doubt. Yep, there's
no doubt. It doesn't go that way because you're shot
from behind.

Speaker 1 (01:26:33):
Completely agree, Thank you very much, Edward. Let's go get
one more caller here.

Speaker 14 (01:26:38):
Gary, you're up, Hey, Preston, I always enjoy the show,
even if we don't always agree.

Speaker 1 (01:26:44):
Oh wait a minute, we don't. That's a conspiracy.

Speaker 4 (01:26:50):
Listen too quick.

Speaker 14 (01:26:53):
He's I always believe in I always believe that Anthony
Fauci and members of our government were trying that gain
of function crap, and that's what led to COVID yep,
and that they were working in China, which helped. What
kind of connection is that? And then I'll always believe
that you know that Biden's staff really ran the show

(01:27:16):
towards the end, and sadly, I don't think we'll no
matter what evidence has turned up, I don't think we'll
ever see anybody go to jail for any of that.

Speaker 1 (01:27:27):
We're asking the conspiracy theory. You will go to your
grave believing in and why Jonathan, you are up.

Speaker 9 (01:27:36):
But COVID situation, the whole thing. I lost two days
with the work and I got in reached. So I
went about to driving trook over the country, forty eight states.
I went into all the small towns, all the large towns.
They were through the Federal Highway system, interstate system, everywhere
in America, from Maine to Miami, Seattle down to San Diego.

(01:27:57):
I visited every city in I never saw none of
what they said was going on the radio, where there'd
be thirty trucks lined up all the bodies away from
the hospitals. I never saw that one single time. Did
she talk to anybody in medical asked them about it,
They immediately looked to their left as an indicator of
a lie. Everybody I've ever talked to in the medical field,

(01:28:20):
they look left first, think, so I don't believe it.
Instead it happened. Maybe it did but I never saw
the evidence of it.

Speaker 1 (01:28:29):
Thank you, sir, Thank you appreciate the phone call. Perfect.
Let's go to Matt. Final caller here, Matt, what do
you got.

Speaker 3 (01:28:35):
The sasquatch go ahead, the sasquatch theory.

Speaker 1 (01:28:40):
Well, you don't believe it's a theory.

Speaker 9 (01:28:41):
I mean I believe it's real.

Speaker 1 (01:28:43):
I mean everybody there, you go, so you believe in
the big food sasquatch yetti?

Speaker 8 (01:28:49):
Yep?

Speaker 1 (01:28:51):
What what?

Speaker 14 (01:28:51):
Why? Because it's been saying too much everybody, I mean,
all these people see it.

Speaker 1 (01:28:59):
Back with more of the Twelve Days of Preston here
on the Morning Show with Preston Scott. Welcome back to

(01:29:20):
the Twelve Days of Preston. This is the seventh show,
the seventh of the twelve days, and this is the
month of July. Now, I know the calendar says December
the twenty sixth. It's Friday weekend in front of us.
But back in July, we had doctor Bob McClure, president
of the James Madison Institute, on the program to talk

(01:29:40):
about property taxes. There are a lot of proposals being
kicked around and doctor McClure talked a little bit about
the different proposals that are out there from his perspective,
as you look at the twenty twenty five legislative session,
now that it's done, there's a rearview mirror. Now we

(01:30:01):
can look back and take a peek at it. In
your opinion, what are the high water marks of the
legislative session? What are you most pleased with?

Speaker 16 (01:30:10):
You know, with this session, the issue for our state
preston across the board, broadly speaking, is the cost of living,
and they're you know, the only thing that can drive
Florida's economy, if you will, into the ditch, is the
cost of living and the future of property insurance. So

(01:30:32):
last session, we as a state and we at the
James Madison Institute worked on two really important things. One
was offensive and one was defensive. On the offensive side,
we did a lot in housing, really focusing on trying
to drive down the cost of owning building buying a house.

(01:30:54):
And on the defensive side, you know, the trial lawyers
have infiltrated parts of the Republican Party, if we can
be candid, and the trial lawyers aren't interested in what's
best for the state. They're interested in getting their own bread.
And so there was a very significant element that wanted
to roll back a lot of the insurance reforms in

(01:31:15):
the name of the protecting the people, and we were
able from a defensive standpoint to stop that. Those property
insurance reforms are working precedents slowly, not fast enough, but
they're working. Florida's leading the nation as property insurance rates
come down. Now we're going to see during during hurricane
season how things roll out, but they continue to come

(01:31:36):
down because market forces are at work, not government regulation.

Speaker 1 (01:31:41):
You mentioned that the cost of living in Florida is
something that just has to be constantly monitored and looked at.
Earlier in the program, first hour of the show, we
talked about this buy up of property in Palm Beach.
One person is buying up literally millions, hundreds of millions

(01:32:02):
of dollars worth of property and the and the comment
made by a local realtor down there is property values
because of purchases like this are going to go up
in the area. Bob, does that impact the state when
you have a kind of a pocket, if you will,
where billionaires are dropping money and raising prices.

Speaker 16 (01:32:25):
Yeah, it does, and in fact, it impacts the state
in a couple of different ways. One is the role
of local governments. In other words, how much money do
they spend? And Palm Beach, their budgets are doubling Preston
about every seven years. They have their property values have increased,
their tax roles have increased, They continue to track government

(01:32:50):
local spending and doubles about every seven years. And and
so that's one issue we as a state need to
look at what are local governments doing. You know, as
well as I do. Our own government here in town
uses our city owned utility as a piggy bank. Yeah,
and it is oftentimes a backdoor tax increase on folks

(01:33:11):
who use our city utilities. And we're small comparatively speaking
to these municipalities in South Florida. And so yes, it
impacts at that level local government spending, but also the
role of taxation. And here's the thing. People can move
And that's the important component, is the ability to move around,

(01:33:33):
much like people are moving to Florida for different reasons.
You know, we need to cap local spending and allow
people to have better opportunities because the cost of living
is a real issue. I mean, local government spending right
now is the big problem across the state.

Speaker 1 (01:33:53):
I think the discussion over it ended up being a
stalemate where Florida's revenue streams are going to go or
are we going to pull away from property tax and
the property tax model. I've been advocating since I started
this program, literally for twenty three years, that with the
property tax system, you never really own your own home,

(01:34:13):
your own piece of property. But at the same time
you had House Speaker Danny Perez want to cut the
sales tax down, a permanent lowering of that. I thought
that was lacking wisdom. That discussion will have a lot
to say about local government revenues and what that might

(01:34:34):
look like moving forward. What from a policy perspective, as
JMI thinking on this front.

Speaker 16 (01:34:40):
We're really excited about the possibility of elimiting property taxes.
I mean, you had been talking about this, Preston, as
you said, for two decades plus, and people don't remember,
but Marco when he was very young and Speaker of
the House, actually said something very similar and he was
just a baby back then when he was our speak
and it's the truth. I mean, if you have a

(01:35:02):
medical condition or you you know, you have you you know,
get disabled or something like that, you still have to
pay the government or they'll take your house. And so
this idea of eliminating the property tax is I think
very intriguing. As I just said, local municipalities are riding

(01:35:25):
a surfer's wave of revenue. And you look across the
state and they these local governments continue to grow at
unchecked levels. And so not not all of them. I mean,
you have a lot of listeners. Listeners in very rural
areas of our state. I'm excluding those. You're not seeing

(01:35:45):
Madison County ride a wave of revenue. Uh, but you
are in many places. So if we if we emphasize
the sales tax, guess who helps pace that. Tourists, business
folks who come here, people who want to go to
you know, do different things around the state. We have

(01:36:05):
so many conferences and people coming from across the country.
We have, you know, almost the equivalency of the entire
population of the country of Germany vacation in the state
of Florida. Every year.

Speaker 12 (01:36:19):
They'll pay the tax.

Speaker 16 (01:36:20):
Governor Santeus has talked about Canadians allow them to pay
the tax. Let's eliminate the property tax, either through some
sort of raising the exemption or you know, just something else.
But we're on that side because owning your home is
the American dream. But to your point, do you ever
really own it if you're continually paying property taxes that

(01:36:42):
are skyrocketing along.

Speaker 1 (01:36:44):
That same line, What then, is the answer for counties
and cities that rely on property taxes, school boards, et cetera.

Speaker 16 (01:36:55):
I think there's a couple of options, and I don't
have an answer for you upfront, but I think there
are several different options. One that's been floated is allow
local governments to raise their sales tax to not whatever
level they want, but to increase the sales tax to

(01:37:15):
a certain up to a certain number. Let's call it
like some sort of cap up to fifteen percent, based
on inflation and population, those kinds of things. That's one
idea that's been floated. The other idea is that the
state helps with the transition in terms of revenue. I
can't remember the exact number the governor talked about, but
he's he was talking about allowing the state to help

(01:37:38):
with the transition in terms of revenue. The you know,
as tax excuse me as property values continue to increase.
Maybe it's not total elimination of property taxes, but it's
raising the exemption. You know, there's been talks about the
number seven hundred and up to seven hundred and fifty thousand,
raising the tax the homestead exempt up to a certain

(01:38:01):
number based on that. So there are lots of different options.
One of the things we're doing at the James Madison
Institute is we're trying to figure out what the best
options are, and you're going to see us roll out
some policy recommendations by the fall, well in time for
committee weeks, because we have to get this right. But

(01:38:21):
I think it's a really important discussion to have, and
the data is there, we just have to get it right.

Speaker 1 (01:38:27):
You had mentioned before we transition here that as an
option something that you know, we're just spitballing here on
the whole property tax elimination thing and ways to offset
that with revenue streams. Locals being able to raise their
local sales tax right now, they can raise it up
to one and a half percent. Correct, Yes, Okay, so

(01:38:49):
you would have said fifteen percent increase. Are we talking
about a fifteen percent overall rate? Are we talking fifteen
percent on top of the one and a half max
Leon County's at the MAC at one and a half percent?
What it just kind of dissect that just a little more,
just again throwing the idea against the wall.

Speaker 16 (01:39:07):
Yeah, okay, Now to be clear to your listeners, this
is just these these are things that are being floated.
You know, you could, for example, have one sales tax
in Gadston County a different sales tax in Leon and
it would be overall. We're talking about overall. We're not
talking about fifteen percent on top of what is already there. Now.

(01:39:29):
It could be thirteen, it could be you know, some
other number.

Speaker 1 (01:39:33):
Doctor Bob McClure with us, President of the James Madison Institute,
as he likes to say, good policy makes for good politics,
offering always very insightful analysis. The property tax issue is
going to be interesting to see how that all unfolds.
I'll have much to say about that in the coming

(01:39:55):
legislative session, I'm sure, as well as maybe some lawmakers
and of course others. All Right, when we come back,
cac Camick joins us once again here on the Twelve
Days of Preston. Welcome back to the Twelve Days of Preston.

(01:40:25):
Day number seven the month of July, and if you recall,
the month of July featured the discussion of the One Big,
Beautiful bill, and we talked with US Congresswoman Kat Cammick
about the best and the worst of it. We know
the tax cuts had to get done. It got done.
What is the one thing that is most important in

(01:40:47):
the OBBB other than the tax cuts?

Speaker 8 (01:40:51):
Oh?

Speaker 5 (01:40:52):
Oh man, there's so much.

Speaker 1 (01:40:55):
What's the one that's on top of the list though,
outside the tax.

Speaker 5 (01:40:58):
Cuts, outside the text, I would have to say border security. Honestly,
there is no country without borders, right. You can't have
a sovereign nation if you don't have secure borders. And
the hell that we have lived under for the previous

(01:41:19):
four years of open border policies, the Americans that have
lost their lives, the families that have been broken, the
crimes that have been committed by people who never should
have been here in the first place. I think about
those angel families all the time. And the one big,
beautiful bill. It gave the most significant investment into border

(01:41:42):
security for not just keeping the border secure, because President
Trump he's actually in the first six months he made
it so that those borders are shut down like they're
completely secure. But now it's a matter of putting up
the infrastructure that's the multiplier effect, and then giving the
resources to ice and to customs and border patrol. They

(01:42:03):
really have a lot of work to do at the
commercial ports, but then also the interior enforcement. And so
I would say outside of the tax cuts, right like
no tax on over time, no tax on tips, locking
in taxes to avoid the largest tax increase in history,
border security was the most significant thing to come out.

Speaker 3 (01:42:23):
Of that bill.

Speaker 1 (01:42:24):
All right, what's the worst that has to be addressed asap?

Speaker 18 (01:42:30):
Uh?

Speaker 4 (01:42:32):
There was?

Speaker 5 (01:42:34):
Of course I'm biased because it was my bill, but
the Rains Act. We made it through the House with
the Rains Act, which is the largest regulatory reform effort
in American history. Passing the Rains Act saves US taxpayers
two point five trillion dollars with a t every single year.

(01:42:56):
So when we talk about spending and the nationaleu curity
threat that is our debt, I would say that if
we don't address regulatory reform, that is going to continue
to put us on that autopilot spending spree that is
going to be it's going to ultimately take us down.

(01:43:17):
And so I think that the worst thing was we
didn't make enough of a substantial savings, We didn't cut
enough of the deficit, and we need to go back
and we need to be absolutely ruthless in getting our
fiscal house in order.

Speaker 1 (01:43:35):
Where is allowing us, you know, it's a pet issue
for me, total control of our own retirement, where the
government doesn't tell us what age we have to take
anything out. We can take it. It's our money, we
can take it whenever we want without penalty.

Speaker 5 (01:43:50):
So there's a lot of talk right now, especially since
the Big Beautiful Bill included the MAGA Trump accounts for babies.
It's ignited conversation about five twenty nine's about roth iras,
about iras in general four oh one ks. Really that
has simulated a conversation in ways that I haven't seen previously.

(01:44:12):
So I think the talk of a second reconciliation package,
which is happening right now, will include additional reforms. But
I don't think it's just retirement right where people should
have the ability to make decisions about their own retirement
accounts and how they want to use that money and win.
But I think it should also extend to health savings accounts.

(01:44:33):
People should be able to take their health savings account
and use it in a way that they see fit.
I think, I really think that money for children that
goes towards their education should follow the child, not the school.
I really think that there is a conversation that has
started that is going to carry on through the next

(01:44:55):
couple of years that we're going to see serious reforms
to long standing programs that's going to we change the
way that we operate.

Speaker 1 (01:45:01):
All right, Well, I'm sixty Kat, I'm sixty five. You
got five years to get it done.

Speaker 5 (01:45:08):
No pressure, right, I needed for the many people. Let
it be known, Preston has put me on the clock.

Speaker 1 (01:45:18):
Now we'll segue from the ambiguous economic news of a
nation to some more concrete figures. Time for money. Talk
with investment advisor Howard Eisman with enhanced financial services, securities
and advisory services offered through NBC Securities Inc. Member FINRA
and SIPC. NBC Securities Inc. Is a wholly owned subsidiary

(01:45:42):
of RBC Bank USA. On opinions that are expressed are
not those of NBC Securities Inc. Or iHeartMedia. An inappropriate
matter is seek professional tax and or legal advice, Howard,

(01:46:04):
I would guess that to someone making a minimum wage,
wealthy means making sixty seventy five thousand dollars a year
but it's subjective. What do most people think wealthy means?

Speaker 7 (01:46:18):
Yep, sure as subjective. According to a survey done by
the financial firm Charles Schwab, the average American would need
a net worth of two point three million for them
to feel wealthy. Okay, Yeah, and thirty five percent of
Americans think they're either on track or alretty wealthy. A

(01:46:43):
little surprising to see some of those stats, but you know,
there's a big differential presston between which generation when you
were born, which age group. The gen Zers those are
the adults between eighteen and twenty seven, and they say
they'd feel wealthy if they could get to one point

(01:47:04):
seven million. And the Baby Boomers born in the twenty
years after World War Two, for them, well, they're feeling
like they need a little bit more two point eight million.

Speaker 1 (01:47:15):
Let's talk a little bit more about the gen z
ers out there.

Speaker 7 (01:47:19):
Yeah, and again, these are the adults between eighteen and
twenty seven. Recent survey said a little over three quarters
seventy seven percent of them spend more than they can
really afford. And that's made easier to do with the
so called buy now, pay later plants, and as a result,

(01:47:44):
half of the Gen zers Preston say, they're very pessimistic
and don't even really see a need to plan for
the future.

Speaker 1 (01:47:52):
Oh my goodness.

Speaker 7 (01:47:53):
Yeah, Yeah, that's the divergence, isn't it.

Speaker 1 (01:47:57):
The Yeah, I think a lot of people are struggling
to get their arms around the market. They saw the
headwinds in the economy for years. They saw the market
continue to grow. Then it pulls back a little bit,
but then it grew again. What's the latest three months?
Telling us?

Speaker 7 (01:48:15):
Sure? You know, and I heard your segment a little
bit earlier this morning about the warming cycle that we're in. Well,
the market's been warming. In fact, the market's really been
hot over the last three just three plus months. The
Nasdaq composite that's the real growth part of the market,

(01:48:36):
is up over thirty three percent. In fact, it's up
about thirty five percent as of this morning, and that's
the largest three month gain for the Technology NASDAK Growth
Index since June of two twenty. When you know, when
things hit bottom and then began to you know, ponder

(01:48:57):
around a bit, so you got to go back a
long ways to see a rally of such magnitude. And
the good news is is that historically when we've seen
a gain of thirty three percent in such a short time.
The median gain for the following six months was US

(01:49:19):
seventeen percent, and the year, the year as a whole
ended up very positive.

Speaker 1 (01:49:26):
See what we did there, talked about the one big
beautiful bill where there's no certainty about much of anything,
and then we hit you with money to ark and
the opportunity to reflect on some hard and fast numbers
that we can kind of get our arms around. No,

(01:49:48):
it's going on a little bit. We have more to come. Yes,
another segment to go here on the Twelve Days of Preston.
This is show number seven. As we end the week
on de say, remember the twenty sixth here with one
final segment, So don't leave me here in the Morning
Show with Preston Scott. Welcome back to the Twelve Days

(01:50:28):
of Preston. Our final segment here. I don't generally take
a long vacation in the summertime, but I did this
past year the month of July. I'll just leave it
right there for now, recounting a trip to Orlando, left

(01:50:52):
on Sunday, arrived Sunday night for registration, and stayed at
a very law large facility that could handle up to,
you know, a couple thousand people for the conference, and

(01:51:20):
beautiful hotel, absolutely beautiful. I will not name it. It
has multiple restaurants. It had it had a spectacular little
deli that had a very limited menu. But whatever they
did for breakfast luncher dinner was exceptionally good. I mean

(01:51:40):
they knew how to make a roast a corn beef
and pastromi sandwich and do it right. That in and
of itself was But the first night.

Speaker 7 (01:51:53):
We uh.

Speaker 1 (01:51:56):
We tried to sleep, you know, it was it was
a bed not befitting such a nice hotel. The room
was very nicely appointed, although they were sneaky. No microwave.

(01:52:18):
See that becomes very tactically important if you're traveling, because
when you order a meal, you now have to take
into account you can't reheat it. Oh, sure you can
use the microwave down at the deli, but that's going
down sixteen floors walking into the big massive hallway that

(01:52:43):
leads to the convention center, and who knows who else
is microwaving, and it's one of those low powered little microwaves.
And then what you got to go back up to
your room and eat it. No, no, no, no, no no.
So that was like, okay, I see what you're doing here.
You're forcing us to eat at the restaurants here in

(01:53:04):
the hotel. Okay, I see. So that was a bit
of a bummer. But that first night, well, let's put
it this way. I will be seeing my chiropractor as
soon as possible because of how poorly I slept. The
only reason I slept was sheer exhaustion because the bed

(01:53:27):
was so bad. And you're thinking, what, I'll set aside
the fact that they don't have fitted sheets. You know
what I mean by there's a fitted sheet that goes
over the mattress. No, no, mm hmm, just a top
sheet was over the mattress. So it comes up all

(01:53:47):
night long and you're battling with that. That's one problem.
But the fact I sleep on a firm mattress, and
you know, my wife and I look at each other
and it's like, this is why we don't like being
away from our home because our bed is perfect, our

(01:54:09):
bed adjusts. But I sleep on a firm mattress. And
this was this gave My mattress was soft and plush
compared to this one. This one was it was so bad.
My wife took six pillows and laid on top of

(01:54:30):
them just to have some level of cushion and underneath her.
I on the first night got so tired of hurting.
I just went downstairs to the lobby at two am.
Couldn't sleep, could not sleep. I just I sat down there.

(01:54:54):
I could have slept on the couch down in the
lobby and one of those little restaurant grill things by
the pool that had four TVs, and so I just
watched all four screens and just killed time. But it's like,
I understand, you can't have a mattress that pleases everybody,

(01:55:14):
but how about just medium, a little softer than some like,
a little firmer than others, like, but a medium. This
was just barely above sleeping on the floor. That's how
firm that mattress was. It was brutal. The bed was bad,

(01:55:34):
it really was. But now let's leave that to the side.
But just some observations. The money grab that takes place
at a lot of these hotels. Now, okay, you drive up
and no, no, no, no, no, you're not bringing your luggage.

(01:55:55):
You can bring your own luggage, but you got to
park over there and then you gotta huff it up
to your room with No, you can't get one of
those luggage carts. Luggage carts are only for their staff
to use. So you're gonna drop You're gonna drop a
ten to the guy who unloads your vehicle. You're gonna
drop another ten to a different guy who brings it

(01:56:16):
up to your room, and then you're gonna reverse it
on the way out. Now, that just annoys me. Sorry,
I love tipping people when I want their help. When
I don't, then I get annoyed. I just it annoyed me.

(01:56:38):
Another thing that annoyed me was the housekeeping staff in
the hallways watching YouTube. They're just literally standing in the
hallways watching YouTube on their phones. And I know that
because I walked by them and saw it where they

(01:57:00):
English speakers probably not good morning, ah, that's what I heard.
Ah yeah, Okay. Then you get to just coming and
going and I don't know what you do about this.

(01:57:26):
Many of you know, driving the interstates anywhere, but certainly
in Florida, where we live, where most of us call home,
it is agonizing the stupidity on our interstates, the people

(01:57:47):
that just drive recklessly and cause recks and cause delays,
and I don't know what you do about it. I
really don't know what you do about it. When traffic

(01:58:09):
is stopped on the interstate, you have the annoying idiots
who drive on the shoulder. I sew badly want FHP
to send an extra person every time there's something like
that that happens and just park them on the shoulder
and just bust people left and right, the motorcycles, trucks, cars,

(01:58:39):
you name it, and they make a bad situation worse,
and then they're the gaper blocks. You've got something on
northbound lane and everyone on the southbound lane slows down
to look at it, and that starts to blockage on
the southbound lane. But you just inevitably have the rex

(01:58:59):
the act incidents caused by people that are texting and
driving or just driving recklessly. And again I don't know
what you do about it. I really don't. Maybe what
you do is you really punish people who are caught

(01:59:24):
on camera. People have video cameras on their cars now
more and more are that are caught driving aggressively recklessly tailgating.
You know, right there on your rear, you're going seventy
eight and you're just getting roasted with somebody right behind you.

(01:59:44):
So dangerous boy. The Florida's Turnpike would be the scene
of something pretty severe, wouldn't it just a few months later. Well,
I hope you enjoy day number seven of the twelve
Days of Preston. Day number eight comes up on Monday,
so between now and then, have yourself a great weekend.
And thanks for listening to the Morning Show with Preston

(02:00:05):
Scott
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