August 11, 2025 • 34 mins
Hour 1 of A&G features...
- A calm start, the "Peacemaker" & Joe's new TV
- Katie Green's Headlines!
- Goldman Sachs survey, tariffs & chips
- Mailbag!
Stupid Should Hurt: https://www.armstrongandgetty.com/
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:01):
Broadcasting live from the Abraham Lincoln Radio Studio, the George
Washington Broadcast Center, Jack Armstrong Show, Getty Armstrong and Jettie,
and He Armstrong and Yaddy live from Studio s signor.
Speaker 2 (00:29):
Keep within the bowels of the Armstrong and Geddy Intormation Complex.
Speaker 1 (00:33):
This is the Armstrong and Getty Show.
Speaker 2 (00:37):
Jack will be here momentarily, but in his absence and
departure from the shouting and the madness, a more sober,
a more.
Speaker 3 (00:46):
Cerebral, Armstrong and Geddy Show for the next one hundred
and twenty seconds or so. Welcome to the eleventh of August,
the year of Our Lord, twenty twenty five. This is
the Armstrong and Getty Show under the laboring under the
tutelage of Honorary General Manager Donald J.
Speaker 1 (01:05):
Trump Peacemaker.
Speaker 3 (01:07):
Today we shall see whether the President's involvement in the
Russia Ukraine slash Europe situation yields peace. Indeed feels a
little unlikely, but we will discuss both amongst ourselves and
with experts today. The sides appear to be quite far
(01:29):
apart at this point, but who knows how much is
sincere asincere expression of what they can and cannot accept
and how much is just posturing? So it's not to
give away their hand before the negotiations begin. Difficult to say.
The Ukrainians who have been making the rounds talking to
(01:50):
friends and media in the US, have made it clear
that look, we know we want peace, of course, but
not at any cost.
Speaker 1 (02:01):
Michael. If the door were to open, that works.
Speaker 2 (02:04):
Like, hey, everybody, what's going on? Hey it's Jack. Look
who was the general manager? I listened every single day
and that's one of my favorite parts of the show.
Speaker 1 (02:12):
Oh thank you, Donald J. Trump?
Speaker 2 (02:14):
Ohmaker, How many times has he been the general manager?
You suppose since twenty fifteen? Oh hundreds, yeah, hundreds of
times anyway, so you can not be man.
Speaker 1 (02:23):
I got up.
Speaker 2 (02:24):
Someday psychologists will study me at the university level and
write papers as a particular kind.
Speaker 3 (02:30):
Of no one will seed, and that be impossible too,
I don't know replicate the results, but go on, they
might because it might be pretty interesting.
Speaker 1 (02:36):
But I was so excited.
Speaker 2 (02:37):
I got an extra elary to day, had a real
spring in my step, had extra time, so I did
my pilates, as I like to call it, in my stretching,
my various exercises made myself the right kind of coffee.
Speaker 1 (02:47):
Everything like that.
Speaker 2 (02:48):
I'm the way to work, running really early, driving the
speed limit, and then my normal road is just closed
out of nowhere because God hates me. And I don't
know exactly why God hates me. I'm trying to figure
this out for quite some time. How I wronged him,
or maybe my family name did or I don't know.
Maybe if you're a pagan, it might be generational.
Speaker 1 (03:08):
I don't know.
Speaker 3 (03:09):
But well, in your twenties, you did defile that one
mummy's tomb.
Speaker 1 (03:14):
God, dang it, I wish I hadn't done that.
Speaker 2 (03:15):
If I could take one thing back in my life
and have been leaving that mummy alone. Yeah, buddy suggested it, Hey,
we could defile that tomb, and I thought, what the hell?
Speaker 1 (03:23):
What going wrong?
Speaker 2 (03:24):
I said, Yolo, and we all jumped on the mummy
and just it was. It was.
Speaker 1 (03:28):
It was a good crazy.
Speaker 2 (03:31):
So what were you saying about the Friday meeting between
Trump and Putin?
Speaker 3 (03:36):
Oh, just that the Ukrainians are highly concerned that Trump's
lust for peace will lead him to promising far more
than the Ukrainian people are excited to deliver in terms
of land to giveaways.
Speaker 1 (03:50):
Well, and not just him. So Europe has said no deal.
Speaker 2 (03:53):
So if if if E'rerope, the rest of NATO says, hey,
we ain't doing this, we ain't.
Speaker 1 (03:58):
We ain't, we ain't.
Speaker 2 (03:59):
We ain't gonna be any part of a deal that
you give up lan Ukraine gives up land and gets
nothing in return. So Lindsey Graham, which we play later,
he's talking about there have to be European troops as
a trip wire in Ukraine. No way that Putin agrees
to that. Does he European troops in Ukraine?
Speaker 3 (04:18):
Oh my gosh. Probably it's a real long shot. There
would have to be so many terms and conditions on
that it makes signing up for an iPhone look easy. Hey, well,
I was firing up my new television the other day
and the av guy was there to help me install it,
(04:39):
because I'm not too lazy and old to do that.
He said, do you want to read that? I'm like,
what the terms and conditions? Let me call my lawyer.
I have a lawyer for this. And then you wait
for the lawyer to drive over. And then he said,
certain reads it for you, And you should have said,
he calls the Samsung corporation, and he says, excuse me,
this is Joe Getty's lawyer. He's firing up this new television.
(05:02):
I have a couple of clauses I'd like to discuss
with you. Yeah, I love the Mexweeks later, they get
back to me.
Speaker 2 (05:06):
Eleven A we mostly agree to but shall or may?
Speaker 1 (05:11):
What can we change that to a may? Yeah? Exactly.
Speaker 3 (05:15):
So anyway, my new TV's spying on me, and you
know what, go ahead.
Speaker 2 (05:19):
Knock your freaking self out. Look at you walk around
in my underwear as I search for the remote. If
that's what you want to do. My concern as someone
who has been very openly in favor of supporting Ukraine,
and I think letting Russia get over on this would
be a disaster for the world.
Speaker 1 (05:38):
I do agree with Lindsey Graham and others on that.
Speaker 2 (05:40):
Lindsey Graham kept saying in an interview yesterday, he says,
goodbye Taiwan. If we allow Russia to get the land
with no repercussions, goodbye Taiwan. So that's the way he
looks at it. It's a signal to the world and
I do too. Anyway, So my biggest fear is Trump
goes along with Putin and and says some really over
(06:01):
the top things pressuring Ukraine and Zelensky into giving up
the land, and talks about him being the problem in
this whole piece process. There could be peace, but it
weren't for this guy. That's what I'm concerned about. I
hope that doesn't happen. There have been noises made in
that direction before. Trump's current.
Speaker 3 (06:23):
Cynicism negativity about Putin seems to be at least partly
based on personal insult or being offended as opposed to
long term geo strategic you know, goals.
Speaker 2 (06:37):
We'll just have to say, well, one interesting thing, so
you know, we did the well we haven't done yet.
So we held off on the sanctions. Am I correct? Here,
held off on the sanctions, on the big sanctions that
we're going to hit Russia or hit India, which is
obviously part of Putin's goal to kick the can. Any
(06:58):
time he can get another day or or whatever of
prosecuting his war without the big penalties. He's going to
figure out a way to do it. So that might
just be part of the game that he meets on Friday.
He says, I have listened to what you've said, I've
got to take it back to my people and think
it over, give me thirty.
Speaker 1 (07:15):
Days, you know that sort of thing.
Speaker 3 (07:16):
Yeah, and I hope he might even say I feel
like we're very very close to.
Speaker 1 (07:21):
A deal, right, and then drag it along. Yeah.
Speaker 2 (07:24):
Wow, Well was I saying I had a point. I
don't even know where I was going with my point.
Oh well, Lindsey Graham brought up several times yesterday that
you haven't heard much about because everybody's pointing out, Yeah,
India buys almost forty percent of the oil that Russia
is selling. Now, that's a lot, but almost all the
rest is China and what's the deal with that? And
(07:47):
Lindsey Graham brought up several times hitting China with the sanctions,
China's next, it has to be so I don't know
if Trump's on board with that, but that would be
a hell of a deal to get into a major
trade war over oil with China.
Speaker 1 (08:02):
Yeah.
Speaker 3 (08:03):
Yeah, every time I think about China, I have this
overwhelming feeling that this is going to go so wrong,
just the whole relationship. Reading about whether it's the rare
earth minerals or various technologies that are going back and
forth the various complex and on the holy relationships with
chip makers and the lobbying of those companies, and now
(08:25):
the US government has got a stake in a chip
maker or like an investor in it. Wait a minute,
what's going on there? I just it feels like this
is not good, This is not normal.
Speaker 2 (08:36):
Well, the whole geopolitical thing between China, Russia, Ukraine and
everything we're doing. I was watching all the news shows yesterday,
which for once were pretty relevant.
Speaker 1 (08:47):
I thought, to your.
Speaker 2 (08:48):
Life, and I thought, this is like if they had
these kind of news shows in nineteen thirty eight, I think,
I mean, it was really something watching the various ambassadors
and the Secretary General for NATO, and this is some
serious stuff that's being discussed, like world changing, altering in
(09:08):
a way that it doesn't look the same anymore world changing.
Speaker 1 (09:12):
Stuff depending on how it goes over the next couple
of weeks. Yeah, holy crap. Well, and again I think
we are.
Speaker 3 (09:21):
Riding up the escalator toward our reckoning, with the undoing
of our relationship with China. It feels like it started
because we're kind of on the grounds.
Speaker 1 (09:31):
But I don't think it started.
Speaker 2 (09:32):
Well, if we hit them with the kind of giant
tariff on buy and oil from Russia that Lindsey Graham
was talking about. I don't know where it goes from there.
They would retaliate in some way well immediately withholding some
of the absolutely critical elements to a lot of our
defense systems and a lot of our technology these days.
Speaker 1 (09:53):
And the idea that.
Speaker 3 (09:54):
You know, go back, go back ten years or one
hundred years or a thousand years until one of the
great military leaders of time, Hey, in the twenty first century,
there's gonna be this like giant superpower and it's got
one adversary that hates it, wants to take it down.
In fact, they talk about it all the time, and
get wait a minute, then, no, let me get to
the punchline.
Speaker 2 (10:12):
The first superpower they're entirely dependent on the second one
for the stuff for their weapons. And the general would say, wait, what,
how did they allow themselves they need the metal for
their spears to come from their adversary?
Speaker 1 (10:28):
What well?
Speaker 2 (10:29):
And how about like didn't we find out during COVID
like ninety percent of our prescriptions come from China, right,
And then you add our medical gear, and then you
add in the fact that here's the crazy thing. We're
gonna let our adversary educate our young people and be
their news source through TikTok, which still is happening. It
feels like suicide, doesn't It does sometimes it seems crazy. Okay,
(10:52):
we got to start the show officially. I'm Jack Armstrong,
he's Jogetty on this. It is Monday, August eleventh, here,
twenty twenty five or Armstrong getting we approved of this program?
Speaker 3 (11:01):
All right, let's speak in the show officially. Then according
to FCC rules of regulations. Here we go at market.
Speaker 4 (11:06):
But we're actually looking to get some back and some swapping.
It's complicated. It's actually nothing easy. It's very complicated. But
we're going to get some back. We're going to get
some uh some switched. There'll be some swapping of territories.
Speaker 1 (11:24):
Okay, so we'll switch. And what's a swap?
Speaker 2 (11:30):
Usually like I give you something, you give me something,
and we're both happy with the deal. What sort of
swap is going to make Ukraine happy with the deal.
We'll lose twenty percent of our land and you'll get
back this tiny sliver of rural nothing.
Speaker 1 (11:44):
That doesn't seem like much of a deal.
Speaker 3 (11:46):
We get a land bridge to Crimea and you get
that farm over there.
Speaker 1 (11:51):
Yeah, I don't know.
Speaker 3 (11:53):
Plus, you know the land is of enormous importance because
there are human beings on there. They're Ukrainian people on
that land. But then the security guarantees going forward, right,
because Ukraine's like, you're gonna declare piece and then invaders
the next week hundred percent? Well right, So how do
you arrive at those when Russia's quote unquote security guarantee
(12:15):
is you totally disarm, make yourself completely vulnerable.
Speaker 1 (12:20):
To me, take this Roofie and trust me.
Speaker 2 (12:23):
If a deal we should be satisfied with comes out
of this, I will be shocked. Okay, we've got Katie's
headlines on the way and a lot more news.
Speaker 1 (12:31):
Stay here.
Speaker 2 (12:33):
Shocked a beloved part of your life, your youth has
gone away. Will hit you with the anniversary of that
coming up a little bit. Also, who's paying the tariffs?
Goldman Sacks?
Speaker 1 (12:46):
Is that who? Yeah?
Speaker 2 (12:46):
Goldman Sacks as their latest survey through June of how
tariffs are being paid.
Speaker 3 (12:53):
Who's paying them? It's pretty interesting, I would agree. Yeah,
we'll get to that. Stay with us right now. Let's
figure out who's reporting what it's the lead star with
Katie Green.
Speaker 1 (13:01):
Katie all right, thanks guys.
Speaker 5 (13:02):
Starting with Fox News Net and Yahoo threatens to sue
New York Times for quote clear defamation over misleading GAZA reporting.
Speaker 1 (13:11):
Yeah, get in on the suing media. Crazy jump started.
Speaker 2 (13:15):
It's a good way to draw attention to what has
been incredibly misleading reporting from a lot of our major outlooks.
Speaker 5 (13:24):
From the New York Times, Vance says us is working
for a meeting with Trump, Putin and Zelensky.
Speaker 1 (13:31):
Man, that'd be still.
Speaker 2 (13:33):
I can't imagine being to Zelensky and walking into that
with Putin.
Speaker 1 (13:36):
Wow. From The New Uh sorry.
Speaker 5 (13:40):
From Politico, China's watching closely, Lindsey Graham says ahead of
Trump's peace talks with Putin, Yeah, I'm sure they are.
Speaker 1 (13:48):
Yeah.
Speaker 5 (13:50):
From The Guardian Atlanta, CDC Gunman believed COVID vaccine made
him suicidal.
Speaker 1 (13:59):
Oh boy, read about this story at all? Yeah?
Speaker 3 (14:01):
Oh yeah, I followed it. I mean it was obviously
nuts which came first? You know, the nuts or the
COVID or who knows?
Speaker 2 (14:10):
Gee, well, do you have any reason to believe the
COVID vaccines making people murderously crazy?
Speaker 1 (14:16):
Uh? No? No, Remember I mentioned last week.
Speaker 2 (14:20):
I was told that it's a big thing on dating sites,
A big thing, but fairly common for people to say
no vacs, like they are only interested in people that
never got the.
Speaker 1 (14:33):
Backs for dating, which is interesting.
Speaker 2 (14:39):
I don't know if that's just a political direction or you
think it'll do something to you.
Speaker 1 (14:42):
I don't know.
Speaker 5 (14:45):
From a New York Post, Caitlin Clark rookie card sells
for three hundred and seventeen thousand dollars to continue record
breaking auction money.
Speaker 1 (14:56):
She was a rookie last year. I would think there'd
be a fair number round.
Speaker 2 (14:59):
Although, on the other hand, who's collecting WNBA cards, who's.
Speaker 1 (15:03):
Printing them exactly? Exactly? Yeah? Wow, that's surprising.
Speaker 5 (15:09):
Study fines a red meat allergy from tick bites is spreading.
Speaker 1 (15:15):
Wow, that would be devastating to me. Yeah, now you
get over it, but no, I wouldn't.
Speaker 3 (15:21):
So you get a tick bite and that gives you
a red meat allergy.
Speaker 1 (15:25):
Yeah, is that all disease related thing or different.
Speaker 5 (15:27):
It's called alpha gal syndrome and it's something they're just
finding out about.
Speaker 1 (15:32):
I can't hardly imagine anything worse. I know alpha gal summer.
I heard that was the trend.
Speaker 5 (15:40):
And finally from the Babylon Bee baseball game delayed indefinitely
after female umpire says she'll be ready in just a minute.
Speaker 1 (15:51):
Oh cliches. I don't appreciate.
Speaker 3 (15:54):
Lots of talk about the first female umpire's debut in
a something other over the weekend. Yeah, yeah, she yeah,
she's She called the series Atlanta and somebody in her
her first plate appearance. The first pitch was way off
the plate and she called it a strike, which relted
(16:15):
in I hate to say this, but mirth and mockery.
Speaker 1 (16:17):
Did the announcer say anything?
Speaker 3 (16:19):
Uh? Yes, in effect, they mentioned the pitcher's name, which
I don't recall.
Speaker 1 (16:24):
Joe Jones.
Speaker 3 (16:25):
Jones really liked that call from Jen what's her name?
Speaker 2 (16:31):
Okay, we'll have to try to find that audio and
then discuss that because I know we got some emails
about it and that sort of thing.
Speaker 1 (16:37):
We got lots of news of the day. It's a Monday.
Speaker 2 (16:39):
We got to catch up from the weekend, don't we
hope you can stick around?
Speaker 1 (16:44):
Armstrong and Getty.
Speaker 6 (16:47):
The typs have kicked in Bright not for real now,
oh man, they say everything's.
Speaker 1 (16:52):
Going to go up. Now.
Speaker 6 (16:53):
We got fourteen percent of our beef from Brazil. I
was at McDonald today. The guy said, can you afford
fries with that?
Speaker 1 (17:02):
Right now?
Speaker 2 (17:02):
That's a pretty good joke, even though fries are not
made of beef, So I don't know about the transition there.
But well, having spent an enormous amount upon the batcha,
the clerk in this good scenario was concerned that the
customer might have insufficient funds remaining. Right before we get
to who's paying tariffs and what they are, the latest study,
(17:24):
a couple of things on the way, Katie, you need
to do all the research on the Laboo Boo craze.
I believe we've brought this up once before, but if
you can look into that, I'm not I don't know
enough about it, and I guess it's a thing with
a certain crowd. So I like to know what is
Everything that's wrong with America and human being. Everything that's
(17:46):
wrong with American human beings is displayed in the Labuobu craze.
Speaker 3 (17:49):
Right, it's all come together manifested itself in the Laboo
bo craze.
Speaker 2 (17:53):
Also, Trump's meeting with Putin in Alaska on Friday, and
at least what they're hinting at is not okay with Europe,
and we'll talk about that to kick off hour two.
So Goldman Sachs's latest survey, and this is still early analysis,
and this is through June are the latest numbers, so
(18:14):
we don't know about July and the first couple of
weeks of August. And the tariffs are way different now
than they were back in June. So let's keep that
in mind with all of this. Okay, but at least
at that point, the numbers were who was paying the tariffs.
Foreign exporters absorbed fourteen percent of US tariffs, US companies
eight sixty four percent of US tariffs up to that point.
(18:38):
That is not going to continue.
Speaker 1 (18:40):
I think.
Speaker 6 (18:40):
No.
Speaker 2 (18:41):
They were doing that with the idea that he's going
to change his mind or something will happen or whatever,
and didn't want to lose customers to their competitors.
Speaker 1 (18:51):
But you can't keep that up forever.
Speaker 3 (18:53):
And any conservative worthy of the description non moron really
understands that. And you hear this from democrats and especially
socialists a lot.
Speaker 1 (19:03):
We're gonna punish those corporations.
Speaker 3 (19:06):
They never see companies, they say corporations because it sounds scarier.
Speaker 1 (19:09):
We're gonna punish all those companies.
Speaker 2 (19:11):
We're gonna bring them to their knees, and you're gonna
get good wages and affordable products after we crush all
the private enterprise.
Speaker 1 (19:22):
Right.
Speaker 2 (19:23):
Remember when Mitt Romney got so much grief for saying
corporations are people, my friend, which is obviously true. But yeah,
so companies paid about two thirds of it. Foreign exporters
paid fourteen percent of the tariffs, US consumers eight twenty
two percent.
Speaker 1 (19:44):
Uh, that's gonna flip.
Speaker 3 (19:46):
I think quite a bit. Yeah, I would agree. Yeah,
there were a number of measures that we're taking. Maybe
you have that in front of you to soften the
blow for as long as possible by companies having you know,
heard that this was coming, but that one forever.
Speaker 2 (20:01):
Yeah, and consumers will see bigger price increases seventy percent,
it says here through the fall. I don't know what
that number means actually, but it sounds like a big number.
So while we've got the backdrop of the world in
the late thirties coming apart at the seams and major
(20:22):
decises being made to avoid a giant war, we've got
this whole tariff thing going on that is going to
land I think, with a pretty big thud.
Speaker 3 (20:33):
I think I've predicted by October November, I think the
discomfort is really going to be clear. I could be
wrong because everybody with a financial interest in this, which
is everybody, is trying to figure out, all right, what
can I do to like minimize any damage to my business,
(20:53):
my pocketbook, my my, you know, number of employees, I have, whatever,
as long as possible. Because it's not clear how this
is going to shake out. Everybody is doing everything they can.
It's like, you know, your doctor told you, hey, good news,
we can save your life. This medicine's five thousand dollars
a month. What you do in the first two months
is going to be very different than what you do
in the tenth month to pay for that medicine. And
(21:16):
I think tariffs are going to be similar.
Speaker 1 (21:18):
By the tenth month. I'm down at the greyhound station.
Oh easy, now, easy looking for I'm.
Speaker 2 (21:24):
In alone, yes, asking for a loan at reasonable interest rates.
I would be exuberant to be wrong about this tariff
thing and have it work out. I would be thrilled.
I've never claimed to be a person with a lot
of knowledge about economics, and I'd be perfectly happy to say, well, good,
(21:44):
you didn't listen to me on know what I'm doing.
But I also I think there's a decent chance it's
going to be the biggest topic in America in the fall.
Speaker 3 (21:51):
Right, Well, I would love, love, love to come back,
you know, on January, whenever we restart work, presuming we're
still employed, you know, and explain exactly what I got
wrong and why I was wrong, and how it's unbelievable,
and why the economy is just in such great shape
and everybody's four oh one k is bursting at this seems,
and oh I would love that. So let's all get
(22:14):
together then. But I'm somewhat to skeptical.
Speaker 2 (22:18):
Skip that you skipped the whole first half of the
school year, Thanksgiving, Christmas, everything, just everything, Well, I just
I think the birds.
Speaker 1 (22:25):
Will take a little bit a little while to come home.
Speaker 2 (22:27):
To roost, right, But you said we'll all meet there,
and I don't know. There's a lot in between now
and then. Fair enough, all right, school starts next week.
I'm focused, Oh yeah, depending on where you are.
Speaker 1 (22:38):
Which is just it's crazy, it's crazy. Why is this
school here so long?
Speaker 2 (22:42):
Now?
Speaker 3 (22:42):
It doesn't matter, well, it doesn't matter. But it's another
topic for another day. So this is a very weird
headline and I read it this morning and did a
double take.
Speaker 2 (22:58):
In Video and Advanced micro Devices, those are the.
Speaker 1 (23:02):
Super giant chip makers.
Speaker 2 (23:04):
That's the most valuable company in the entire world by
a lot.
Speaker 1 (23:08):
Yeah. In Video, yes, certainly.
Speaker 3 (23:10):
Is UH are expected to pay the United States government
fifteen percent of the money they take in from selling
artificial intelligence chips to China as part of a part
of a highly unusual financial agreement with the Trump administration.
It comes a month after in Video received permission to
(23:30):
sell a version of its AI chips to China.
Speaker 1 (23:32):
Where's in Nvidio based? Gosh, this Silicon Valley company.
Speaker 2 (23:40):
Up?
Speaker 3 (23:41):
Yeah, where they're based and where they do their manufacturing
or two.
Speaker 2 (23:44):
Different video based I just asked chat GPT and they'll
give me the Oh, Katie already looked up.
Speaker 1 (23:50):
You win, Katie. Good way to go, Katie got Katie.
Headquarters are located in Santa Clara.
Speaker 2 (23:54):
Santa Clara, so right next to Levi Stadium, so they
could go to the forty nine Ers games.
Speaker 4 (24:00):
Uh?
Speaker 1 (24:01):
Why why? Why? We I suppose the last.
Speaker 3 (24:04):
Time I went to a forty nine ers game, I
threw up, so I'd appreciate you not mentioning that you
threw up.
Speaker 1 (24:09):
Yeah, when I got home. Was that a drinking related episode?
Speaker 4 (24:13):
Uh?
Speaker 1 (24:14):
Yeah, but not entirely. It was one of those.
Speaker 3 (24:17):
I was on a party bus and there's like a
really weird variety of foods.
Speaker 1 (24:25):
And there was alcohol, and it was a really hot day.
Oh that's a rough combo, man. Oh, I just felt terrible.
The hot day is what put it over the top. Oh,
that makes me feel sick. Was there over indulgence?
Speaker 2 (24:38):
Yes, yes, there was lots of foods that should not
be in the same stomach at the same time with
a bunch of booze on a hot day.
Speaker 1 (24:46):
Oh to myself, look of the bush. Yeah.
Speaker 3 (24:54):
Finally get home and it's like, I don't feel good, honey.
Oh boy, not my best day anyway. Where were we
in Vidia, the proud American company and builder of the
greatest AI chips on earth, But there are few precedents
for the Commerce Department greened to grant license for licenses
for exports in exchange for a share of revenue. In June,
(25:19):
the administration improved investment by Nippon Steel, a Japanese company
and US Steel, and a deal that included a so
called golden share in the company, or rarely used practice
where the government takes a stake in a business. This
is all starting to feel a little I don't know, Bolivion.
Speaker 2 (25:34):
Well, I'm not a communist, but so you know, companies
can do whatever they've got to do for the But
do we want the best AI chips in the world
being sold to China at all?
Speaker 1 (25:44):
Is there anything we can do about that in a
free market? No? Well, and if it is.
Speaker 3 (25:52):
The premise or the prelude to this, was us telling Nvidia, no,
you can't be selling the great chips to China. There
are there are global adversary. They're communist brutes. I was
just reading a review of a book about the concentration camps.
China is running for the Wiger people, among other minorities.
Speaker 1 (26:11):
And do you think I don't know about this?
Speaker 2 (26:13):
I see the college students protesting on campuses about the
Wigers being held in the concentration camps.
Speaker 1 (26:19):
I joke, of course, excellent sarcasm.
Speaker 3 (26:21):
Yes, and I was reminded of what a brutal and
horrific regime the Chinese Communist Party is. But so we
said in them, No, you can't be selling the advanced
stuff to China. There are geopolitical adversary Number one. They
are bent on the overthrow of free markets, capitalism in
the United States, liberty and everything that is good and holy.
(26:41):
And that's absolutely not acceptable unless you cut us in
for fifteen percent. That does not feel good to me.
Headline in Wall Street Journal, the US marches towards state
capitalism with American characteristics, which is a parody of China
describes itself as socialism with Chinese characteristics. I'm uncomfortable with
(27:04):
a lot of this.
Speaker 2 (27:05):
Uh, it's a very weird inter you know, mingling of
government and industry, which goes back to earlier decades. I
don't remember who did it first, Soviet Union or whatever.
Socialism with a human face, right, Uh. Too bad for
the wigers that the Chinese Communist Party isn't made up
(27:25):
mostly of Jews, because then the college students would really.
Speaker 1 (27:28):
Be into this story.
Speaker 2 (27:29):
Yeah, yeah, indeed, that's so we gotta we gotta come
up with something that's a little more optimistic.
Speaker 3 (27:38):
Yeah, I know, I know. I would love to mailbags
actually very good. I would include some really good thoughts
and ideas I just the great thing about Trump is
that he is not beholden to precedent and tradition, a
lot of which is really just an expression of the
powers that be.
Speaker 2 (27:58):
The swamp tell us how things really ought to run,
and it's very important that they continue to run in
the way that protects our interests and enriches us.
Speaker 3 (28:08):
And Trump doesn't really care about a lot of that stuff.
But sometimes his lack of regard for precedent and tradition
is it does damage. I'm a little concerned about some
of this industrial policy stuff. So I guess we'll all
find find out together. I'll meet you here January fourth
or whatever. Joe keeps trying to skip fall. We've got.
Speaker 1 (28:30):
Mail bag on the way.
Speaker 2 (28:31):
Will listen to misogynists beat up on the first female umpire.
Speaker 3 (28:35):
It's just disgusting, sweetheart. A strike is when it crosses
the place.
Speaker 1 (28:40):
Oh my god, Oh my god. Uh wow.
Speaker 2 (28:45):
Okay, we've got mail bag on the way. Stay here.
Breaking news details later. Judge denies request to unseal the
transcripts from grand jury that indicted g Dog Maxwell, So
more on that later.
Speaker 1 (29:01):
We're not going to see that transcript. Here's your freedom.
Speaker 3 (29:04):
Loving quote of the day, continuing our series from Jafier Melay,
The Savior of Argentina. You may recall Friday, he mentioned
that the state first and foremost is a thief that
spends on itself.
Speaker 1 (29:17):
Second, and here's today's quote. The state has been used.
Speaker 3 (29:20):
By organized groups, a private sector cast to get privileged
is that are not only unfair but also damage growth,
protected businessers. It's a Spanish word that they translate badly
protected business people and trade union scumbags.
Speaker 1 (29:38):
What was that thing at the beginning? Though, the state
is a.
Speaker 3 (29:42):
Uh, the state first and foremost is a thief that
spends on itself, the political cast, and not only by
explicit taxes, but also by a hidden tax that destroys
the economy, the inflation tax.
Speaker 2 (29:53):
So just that sort of language about the state is
a thief that was popular when I was like coming
of age the Reagan years to say that sort of
thing about government. Now it's become like you're a really
bad person to bad mouth government. These are people just
trying to do good in the world. The history of
the world is that power will.
Speaker 1 (30:12):
Steal from you, murder you.
Speaker 2 (30:14):
I mean, that's just always the history of power. It
serves itself always primarily mailbag. Woot drop us a note
mail bag at Armstrong and Getty dot com. We lost
a truly great American over the weekend.
Speaker 1 (30:31):
There's not some idiotic celebrity death. We did Hulk Hogan already.
Speaker 3 (30:35):
The amazing Jim Lovell, oh astronauts, commander of Apollo thirteen
Apollo miation that miraculously got back to Earth, one of
the coolest heads ever.
Speaker 1 (30:48):
To walk the Earth.
Speaker 2 (30:50):
Jim and Lafayette points out that WW two is great generation,
but so are those naval officers of the fifties, like
those at the Hanoi Hilton that organized language and math
classes to keep their men brains active and blinked torture
when put on parade for World Press and the astronauts
good stuff.
Speaker 1 (31:05):
Thanks for the note, Jim Level.
Speaker 2 (31:06):
The astronaut that didn't get to walk on the moon,
right and Norm McDonald's got a great bit about that
the disappointments.
Speaker 3 (31:16):
Buzz Aldron with a beautiful tribute to Level when he
passed a couple of days ago, one of his closest friends. Lifelong,
incredible respect, really nice anyway, bring him or chat GPT
Jim Lovell and read about him in amazing.
Speaker 1 (31:30):
I read the whole biography. It was pretty impressive.
Speaker 3 (31:33):
Moving along, doctor Jeff writing from Dolphin's Blowhole, Hawaii. You know,
I've spent a fair amount of time in Hawaii, doctor Jeff,
and I don't recall coming across Dolphin's Blowhole or It's
charming citizens. But doctor Jeff points out Jack Joe, Alaska,
(31:55):
where Trump is meeting Putin, gets warm in August and
air conditioning is so there will be a lot of
open windows. It would be very unfortunate if Putin was
to accidentally fall out.
Speaker 1 (32:06):
Of a window.
Speaker 2 (32:07):
I'm just saying, maybe Trump's lured him into the United
States and we're just going to clap him in handcuffs
and you're under arrest.
Speaker 3 (32:15):
That would be controversial, speaking of norms and traditions that Trump,
you know, doesn't regard as no regard for no.
Speaker 1 (32:23):
You don't like call.
Speaker 3 (32:24):
For a summit that abduct the world leader, Yeah, I do. Eh,
let's do it once.
Speaker 2 (32:30):
So one of the world's worst war criminals and he'll
be on us soil.
Speaker 1 (32:35):
Right, let's snatch him up. Let's see.
Speaker 3 (32:37):
On the topic of libraries, Jashaun Wrights, guys who was
listening to last week to talk.
Speaker 1 (32:41):
About libraries was crazy.
Speaker 3 (32:44):
Visits to libraries have plunged nationwide in the United States,
of course, I have, even though people are reading as
much as ever. It's because the bums and junkies have
made it so unpleasant and if you missed it, you
grab it by podcast Starmstrong and getting on demand. But
there is a significant, you know, subset of and it's
(33:05):
like half, maybe or more of the library world that
believes libraries should be homeless shelters. Yeah, people anyway, Jashawn
Wright say, recently took my kids back to my neighborhood
I grew up in, not too far from the radio ranch.
Took them to the library I went to as a kid.
There's not a chance in hell i'd ever let a
(33:26):
young child go to this blank hole alone. The park
outside is one big junkie camp.
Speaker 1 (33:31):
Now.
Speaker 3 (33:32):
I took my kids there. We got out to walk around,
and I said, let's go back to the car. This
is not safe.
Speaker 1 (33:36):
What the hell.
Speaker 2 (33:38):
You certainly wouldn't let your eight year old daughter say,
I've got to use the bathroom. It's over there, you know, honey,
you can go use it. In no way you'd let
him go in there by themselves, if at all.
Speaker 3 (33:46):
My sister and I, when we were fairly small kids,
rode our bikes to the library all the time.
Speaker 1 (33:51):
It was to cherish part of our childhood. Let's see
Travis right.
Speaker 3 (33:57):
So I'll preface this by saying I'm generally not a
fan of more regulation, as I'm a conservative of Lean's libertarian.
That said, there's one regulation had support regarding AI, especially
considering the increasing risk of not being able to discern
what's real versus what's been generated by AI. I think
audio and video generated by AI should contain a digital
water mark. That way you'd always know. I can't immediately
(34:18):
think of any downsides of that being added AI media.
How it would be enforced, Well, that would be hard,
maybe impossible. It's an interesting thought.
Speaker 1 (34:26):
Yeah.
Speaker 3 (34:26):
Anyway, his two cents adjusting for inflation, His two cents
adjusting for inflation.
Speaker 2 (34:34):
Man, two cents is not worth much. That's why we
got rid of the penny. You realize, did we? Yeah,
we did, right. The penny went away. Some of the
ones that in circulation are gone. There will be no
more excellent I know, I'm.
Speaker 1 (34:46):
All for it.
Speaker 3 (34:47):
So example of Trump's positive, you know, revolutionary thinking.
Speaker 2 (34:52):
Europe might not agree with the Russia Trump Plan.
Speaker 1 (34:56):
Armstrong and Getty
Broadcasting live from the Abraham Lincoln Radio Studio, the George
Washington Broadcast Center, Jack Armstrong Show, Getty Armstrong and Jettie,
and He Armstrong and Yaddy live from Studio s signor.
Speaker 2 (00:29):
Keep within the bowels of the Armstrong and Geddy Intormation Complex.
Speaker 1 (00:33):
This is the Armstrong and Getty Show.
Speaker 2 (00:37):
Jack will be here momentarily, but in his absence and
departure from the shouting and the madness, a more sober,
a more.
Speaker 3 (00:46):
Cerebral, Armstrong and Geddy Show for the next one hundred
and twenty seconds or so. Welcome to the eleventh of August,
the year of Our Lord, twenty twenty five. This is
the Armstrong and Getty Show under the laboring under the
tutelage of Honorary General Manager Donald J.
Speaker 1 (01:05):
Trump Peacemaker.
Speaker 3 (01:07):
Today we shall see whether the President's involvement in the
Russia Ukraine slash Europe situation yields peace. Indeed feels a
little unlikely, but we will discuss both amongst ourselves and
with experts today. The sides appear to be quite far
(01:29):
apart at this point, but who knows how much is
sincere asincere expression of what they can and cannot accept
and how much is just posturing? So it's not to
give away their hand before the negotiations begin. Difficult to say.
The Ukrainians who have been making the rounds talking to
(01:50):
friends and media in the US, have made it clear
that look, we know we want peace, of course, but
not at any cost.
Speaker 1 (02:01):
Michael. If the door were to open, that works.
Speaker 2 (02:04):
Like, hey, everybody, what's going on? Hey it's Jack. Look
who was the general manager? I listened every single day
and that's one of my favorite parts of the show.
Speaker 1 (02:12):
Oh thank you, Donald J. Trump?
Speaker 2 (02:14):
Ohmaker, How many times has he been the general manager?
You suppose since twenty fifteen? Oh hundreds, yeah, hundreds of
times anyway, so you can not be man.
Speaker 1 (02:23):
I got up.
Speaker 2 (02:24):
Someday psychologists will study me at the university level and
write papers as a particular kind.
Speaker 3 (02:30):
Of no one will seed, and that be impossible too,
I don't know replicate the results, but go on, they
might because it might be pretty interesting.
Speaker 1 (02:36):
But I was so excited.
Speaker 2 (02:37):
I got an extra elary to day, had a real
spring in my step, had extra time, so I did
my pilates, as I like to call it, in my stretching,
my various exercises made myself the right kind of coffee.
Speaker 1 (02:47):
Everything like that.
Speaker 2 (02:48):
I'm the way to work, running really early, driving the
speed limit, and then my normal road is just closed
out of nowhere because God hates me. And I don't
know exactly why God hates me. I'm trying to figure
this out for quite some time. How I wronged him,
or maybe my family name did or I don't know.
Maybe if you're a pagan, it might be generational.
Speaker 1 (03:08):
I don't know.
Speaker 3 (03:09):
But well, in your twenties, you did defile that one
mummy's tomb.
Speaker 1 (03:14):
God, dang it, I wish I hadn't done that.
Speaker 2 (03:15):
If I could take one thing back in my life
and have been leaving that mummy alone. Yeah, buddy suggested it, Hey,
we could defile that tomb, and I thought, what the hell?
Speaker 1 (03:23):
What going wrong?
Speaker 2 (03:24):
I said, Yolo, and we all jumped on the mummy
and just it was. It was.
Speaker 1 (03:28):
It was a good crazy.
Speaker 2 (03:31):
So what were you saying about the Friday meeting between
Trump and Putin?
Speaker 3 (03:36):
Oh, just that the Ukrainians are highly concerned that Trump's
lust for peace will lead him to promising far more
than the Ukrainian people are excited to deliver in terms
of land to giveaways.
Speaker 1 (03:50):
Well, and not just him. So Europe has said no deal.
Speaker 2 (03:53):
So if if if E'rerope, the rest of NATO says, hey,
we ain't doing this, we ain't.
Speaker 1 (03:58):
We ain't, we ain't.
Speaker 2 (03:59):
We ain't gonna be any part of a deal that
you give up lan Ukraine gives up land and gets
nothing in return. So Lindsey Graham, which we play later,
he's talking about there have to be European troops as
a trip wire in Ukraine. No way that Putin agrees
to that. Does he European troops in Ukraine?
Speaker 3 (04:18):
Oh my gosh. Probably it's a real long shot. There
would have to be so many terms and conditions on
that it makes signing up for an iPhone look easy. Hey, well,
I was firing up my new television the other day
and the av guy was there to help me install it,
(04:39):
because I'm not too lazy and old to do that.
He said, do you want to read that? I'm like,
what the terms and conditions? Let me call my lawyer.
I have a lawyer for this. And then you wait
for the lawyer to drive over. And then he said,
certain reads it for you, And you should have said,
he calls the Samsung corporation, and he says, excuse me,
this is Joe Getty's lawyer. He's firing up this new television.
(05:02):
I have a couple of clauses I'd like to discuss
with you. Yeah, I love the Mexweeks later, they get
back to me.
Speaker 2 (05:06):
Eleven A we mostly agree to but shall or may?
Speaker 1 (05:11):
What can we change that to a may? Yeah? Exactly.
Speaker 3 (05:15):
So anyway, my new TV's spying on me, and you
know what, go ahead.
Speaker 2 (05:19):
Knock your freaking self out. Look at you walk around
in my underwear as I search for the remote. If
that's what you want to do. My concern as someone
who has been very openly in favor of supporting Ukraine,
and I think letting Russia get over on this would
be a disaster for the world.
Speaker 1 (05:38):
I do agree with Lindsey Graham and others on that.
Speaker 2 (05:40):
Lindsey Graham kept saying in an interview yesterday, he says,
goodbye Taiwan. If we allow Russia to get the land
with no repercussions, goodbye Taiwan. So that's the way he
looks at it. It's a signal to the world and
I do too. Anyway, So my biggest fear is Trump
goes along with Putin and and says some really over
(06:01):
the top things pressuring Ukraine and Zelensky into giving up
the land, and talks about him being the problem in
this whole piece process. There could be peace, but it
weren't for this guy. That's what I'm concerned about. I
hope that doesn't happen. There have been noises made in
that direction before. Trump's current.
Speaker 3 (06:23):
Cynicism negativity about Putin seems to be at least partly
based on personal insult or being offended as opposed to
long term geo strategic you know, goals.
Speaker 2 (06:37):
We'll just have to say, well, one interesting thing, so
you know, we did the well we haven't done yet.
So we held off on the sanctions. Am I correct? Here,
held off on the sanctions, on the big sanctions that
we're going to hit Russia or hit India, which is
obviously part of Putin's goal to kick the can. Any
(06:58):
time he can get another day or or whatever of
prosecuting his war without the big penalties. He's going to
figure out a way to do it. So that might
just be part of the game that he meets on Friday.
He says, I have listened to what you've said, I've
got to take it back to my people and think
it over, give me thirty.
Speaker 1 (07:15):
Days, you know that sort of thing.
Speaker 3 (07:16):
Yeah, and I hope he might even say I feel
like we're very very close to.
Speaker 1 (07:21):
A deal, right, and then drag it along. Yeah.
Speaker 2 (07:24):
Wow, Well was I saying I had a point. I
don't even know where I was going with my point.
Oh well, Lindsey Graham brought up several times yesterday that
you haven't heard much about because everybody's pointing out, Yeah,
India buys almost forty percent of the oil that Russia
is selling. Now, that's a lot, but almost all the
rest is China and what's the deal with that? And
(07:47):
Lindsey Graham brought up several times hitting China with the sanctions,
China's next, it has to be so I don't know
if Trump's on board with that, but that would be
a hell of a deal to get into a major
trade war over oil with China.
Speaker 1 (08:02):
Yeah.
Speaker 3 (08:03):
Yeah, every time I think about China, I have this
overwhelming feeling that this is going to go so wrong,
just the whole relationship. Reading about whether it's the rare
earth minerals or various technologies that are going back and
forth the various complex and on the holy relationships with
chip makers and the lobbying of those companies, and now
(08:25):
the US government has got a stake in a chip
maker or like an investor in it. Wait a minute,
what's going on there? I just it feels like this
is not good, This is not normal.
Speaker 2 (08:36):
Well, the whole geopolitical thing between China, Russia, Ukraine and
everything we're doing. I was watching all the news shows yesterday,
which for once were pretty relevant.
Speaker 1 (08:47):
I thought, to your.
Speaker 2 (08:48):
Life, and I thought, this is like if they had
these kind of news shows in nineteen thirty eight, I think,
I mean, it was really something watching the various ambassadors
and the Secretary General for NATO, and this is some
serious stuff that's being discussed, like world changing, altering in
(09:08):
a way that it doesn't look the same anymore world changing.
Speaker 1 (09:12):
Stuff depending on how it goes over the next couple
of weeks. Yeah, holy crap. Well, and again I think
we are.
Speaker 3 (09:21):
Riding up the escalator toward our reckoning, with the undoing
of our relationship with China. It feels like it started
because we're kind of on the grounds.
Speaker 1 (09:31):
But I don't think it started.
Speaker 2 (09:32):
Well, if we hit them with the kind of giant
tariff on buy and oil from Russia that Lindsey Graham
was talking about. I don't know where it goes from there.
They would retaliate in some way well immediately withholding some
of the absolutely critical elements to a lot of our
defense systems and a lot of our technology these days.
Speaker 1 (09:53):
And the idea that.
Speaker 3 (09:54):
You know, go back, go back ten years or one
hundred years or a thousand years until one of the
great military leaders of time, Hey, in the twenty first century,
there's gonna be this like giant superpower and it's got
one adversary that hates it, wants to take it down.
In fact, they talk about it all the time, and
get wait a minute, then, no, let me get to
the punchline.
Speaker 2 (10:12):
The first superpower they're entirely dependent on the second one
for the stuff for their weapons. And the general would say, wait, what,
how did they allow themselves they need the metal for
their spears to come from their adversary?
Speaker 1 (10:28):
What well?
Speaker 2 (10:29):
And how about like didn't we find out during COVID
like ninety percent of our prescriptions come from China, right,
And then you add our medical gear, and then you
add in the fact that here's the crazy thing. We're
gonna let our adversary educate our young people and be
their news source through TikTok, which still is happening. It
feels like suicide, doesn't It does sometimes it seems crazy. Okay,
(10:52):
we got to start the show officially. I'm Jack Armstrong,
he's Jogetty on this. It is Monday, August eleventh, here,
twenty twenty five or Armstrong getting we approved of this program?
Speaker 3 (11:01):
All right, let's speak in the show officially. Then according
to FCC rules of regulations. Here we go at market.
Speaker 4 (11:06):
But we're actually looking to get some back and some swapping.
It's complicated. It's actually nothing easy. It's very complicated. But
we're going to get some back. We're going to get
some uh some switched. There'll be some swapping of territories.
Speaker 1 (11:24):
Okay, so we'll switch. And what's a swap?
Speaker 2 (11:30):
Usually like I give you something, you give me something,
and we're both happy with the deal. What sort of
swap is going to make Ukraine happy with the deal.
We'll lose twenty percent of our land and you'll get
back this tiny sliver of rural nothing.
Speaker 1 (11:44):
That doesn't seem like much of a deal.
Speaker 3 (11:46):
We get a land bridge to Crimea and you get
that farm over there.
Speaker 1 (11:51):
Yeah, I don't know.
Speaker 3 (11:53):
Plus, you know the land is of enormous importance because
there are human beings on there. They're Ukrainian people on
that land. But then the security guarantees going forward, right,
because Ukraine's like, you're gonna declare piece and then invaders
the next week hundred percent? Well right, So how do
you arrive at those when Russia's quote unquote security guarantee
(12:15):
is you totally disarm, make yourself completely vulnerable.
Speaker 1 (12:20):
To me, take this Roofie and trust me.
Speaker 2 (12:23):
If a deal we should be satisfied with comes out
of this, I will be shocked. Okay, we've got Katie's
headlines on the way and a lot more news.
Speaker 1 (12:31):
Stay here.
Speaker 2 (12:33):
Shocked a beloved part of your life, your youth has
gone away. Will hit you with the anniversary of that
coming up a little bit. Also, who's paying the tariffs?
Goldman Sacks?
Speaker 1 (12:46):
Is that who? Yeah?
Speaker 2 (12:46):
Goldman Sacks as their latest survey through June of how
tariffs are being paid.
Speaker 3 (12:53):
Who's paying them? It's pretty interesting, I would agree. Yeah,
we'll get to that. Stay with us right now. Let's
figure out who's reporting what it's the lead star with
Katie Green.
Speaker 1 (13:01):
Katie all right, thanks guys.
Speaker 5 (13:02):
Starting with Fox News Net and Yahoo threatens to sue
New York Times for quote clear defamation over misleading GAZA reporting.
Speaker 1 (13:11):
Yeah, get in on the suing media. Crazy jump started.
Speaker 2 (13:15):
It's a good way to draw attention to what has
been incredibly misleading reporting from a lot of our major outlooks.
Speaker 5 (13:24):
From the New York Times, Vance says us is working
for a meeting with Trump, Putin and Zelensky.
Speaker 1 (13:31):
Man, that'd be still.
Speaker 2 (13:33):
I can't imagine being to Zelensky and walking into that
with Putin.
Speaker 1 (13:36):
Wow. From The New Uh sorry.
Speaker 5 (13:40):
From Politico, China's watching closely, Lindsey Graham says ahead of
Trump's peace talks with Putin, Yeah, I'm sure they are.
Speaker 1 (13:48):
Yeah.
Speaker 5 (13:50):
From The Guardian Atlanta, CDC Gunman believed COVID vaccine made
him suicidal.
Speaker 1 (13:59):
Oh boy, read about this story at all? Yeah?
Speaker 3 (14:01):
Oh yeah, I followed it. I mean it was obviously
nuts which came first? You know, the nuts or the
COVID or who knows?
Speaker 2 (14:10):
Gee, well, do you have any reason to believe the
COVID vaccines making people murderously crazy?
Speaker 1 (14:16):
Uh? No? No, Remember I mentioned last week.
Speaker 2 (14:20):
I was told that it's a big thing on dating sites,
A big thing, but fairly common for people to say
no vacs, like they are only interested in people that
never got the.
Speaker 1 (14:33):
Backs for dating, which is interesting.
Speaker 2 (14:39):
I don't know if that's just a political direction or you
think it'll do something to you.
Speaker 1 (14:42):
I don't know.
Speaker 5 (14:45):
From a New York Post, Caitlin Clark rookie card sells
for three hundred and seventeen thousand dollars to continue record
breaking auction money.
Speaker 1 (14:56):
She was a rookie last year. I would think there'd
be a fair number round.
Speaker 2 (14:59):
Although, on the other hand, who's collecting WNBA cards, who's.
Speaker 1 (15:03):
Printing them exactly? Exactly? Yeah? Wow, that's surprising.
Speaker 5 (15:09):
Study fines a red meat allergy from tick bites is spreading.
Speaker 1 (15:15):
Wow, that would be devastating to me. Yeah, now you
get over it, but no, I wouldn't.
Speaker 3 (15:21):
So you get a tick bite and that gives you
a red meat allergy.
Speaker 1 (15:25):
Yeah, is that all disease related thing or different.
Speaker 5 (15:27):
It's called alpha gal syndrome and it's something they're just
finding out about.
Speaker 1 (15:32):
I can't hardly imagine anything worse. I know alpha gal summer.
I heard that was the trend.
Speaker 5 (15:40):
And finally from the Babylon Bee baseball game delayed indefinitely
after female umpire says she'll be ready in just a minute.
Speaker 1 (15:51):
Oh cliches. I don't appreciate.
Speaker 3 (15:54):
Lots of talk about the first female umpire's debut in
a something other over the weekend. Yeah, yeah, she yeah,
she's She called the series Atlanta and somebody in her
her first plate appearance. The first pitch was way off
the plate and she called it a strike, which relted
(16:15):
in I hate to say this, but mirth and mockery.
Speaker 1 (16:17):
Did the announcer say anything?
Speaker 3 (16:19):
Uh? Yes, in effect, they mentioned the pitcher's name, which
I don't recall.
Speaker 1 (16:24):
Joe Jones.
Speaker 3 (16:25):
Jones really liked that call from Jen what's her name?
Speaker 2 (16:31):
Okay, we'll have to try to find that audio and
then discuss that because I know we got some emails
about it and that sort of thing.
Speaker 1 (16:37):
We got lots of news of the day. It's a Monday.
Speaker 2 (16:39):
We got to catch up from the weekend, don't we
hope you can stick around?
Speaker 1 (16:44):
Armstrong and Getty.
Speaker 6 (16:47):
The typs have kicked in Bright not for real now,
oh man, they say everything's.
Speaker 1 (16:52):
Going to go up. Now.
Speaker 6 (16:53):
We got fourteen percent of our beef from Brazil. I
was at McDonald today. The guy said, can you afford
fries with that?
Speaker 1 (17:02):
Right now?
Speaker 2 (17:02):
That's a pretty good joke, even though fries are not
made of beef, So I don't know about the transition there.
But well, having spent an enormous amount upon the batcha,
the clerk in this good scenario was concerned that the
customer might have insufficient funds remaining. Right before we get
to who's paying tariffs and what they are, the latest study,
(17:24):
a couple of things on the way, Katie, you need
to do all the research on the Laboo Boo craze.
I believe we've brought this up once before, but if
you can look into that, I'm not I don't know
enough about it, and I guess it's a thing with
a certain crowd. So I like to know what is
Everything that's wrong with America and human being. Everything that's
(17:46):
wrong with American human beings is displayed in the Labuobu craze.
Speaker 3 (17:49):
Right, it's all come together manifested itself in the Laboo
bo craze.
Speaker 2 (17:53):
Also, Trump's meeting with Putin in Alaska on Friday, and
at least what they're hinting at is not okay with Europe,
and we'll talk about that to kick off hour two.
So Goldman Sachs's latest survey, and this is still early analysis,
and this is through June are the latest numbers, so
(18:14):
we don't know about July and the first couple of
weeks of August. And the tariffs are way different now
than they were back in June. So let's keep that
in mind with all of this. Okay, but at least
at that point, the numbers were who was paying the tariffs.
Foreign exporters absorbed fourteen percent of US tariffs, US companies
eight sixty four percent of US tariffs up to that point.
(18:38):
That is not going to continue.
Speaker 1 (18:40):
I think.
Speaker 6 (18:40):
No.
Speaker 2 (18:41):
They were doing that with the idea that he's going
to change his mind or something will happen or whatever,
and didn't want to lose customers to their competitors.
Speaker 1 (18:51):
But you can't keep that up forever.
Speaker 3 (18:53):
And any conservative worthy of the description non moron really
understands that. And you hear this from democrats and especially
socialists a lot.
Speaker 1 (19:03):
We're gonna punish those corporations.
Speaker 3 (19:06):
They never see companies, they say corporations because it sounds scarier.
Speaker 1 (19:09):
We're gonna punish all those companies.
Speaker 2 (19:11):
We're gonna bring them to their knees, and you're gonna
get good wages and affordable products after we crush all
the private enterprise.
Speaker 1 (19:22):
Right.
Speaker 2 (19:23):
Remember when Mitt Romney got so much grief for saying
corporations are people, my friend, which is obviously true. But yeah,
so companies paid about two thirds of it. Foreign exporters
paid fourteen percent of the tariffs, US consumers eight twenty
two percent.
Speaker 1 (19:44):
Uh, that's gonna flip.
Speaker 3 (19:46):
I think quite a bit. Yeah, I would agree. Yeah,
there were a number of measures that we're taking. Maybe
you have that in front of you to soften the
blow for as long as possible by companies having you know,
heard that this was coming, but that one forever.
Speaker 2 (20:01):
Yeah, and consumers will see bigger price increases seventy percent,
it says here through the fall. I don't know what
that number means actually, but it sounds like a big number.
So while we've got the backdrop of the world in
the late thirties coming apart at the seams and major
(20:22):
decises being made to avoid a giant war, we've got
this whole tariff thing going on that is going to
land I think, with a pretty big thud.
Speaker 3 (20:33):
I think I've predicted by October November, I think the
discomfort is really going to be clear. I could be
wrong because everybody with a financial interest in this, which
is everybody, is trying to figure out, all right, what
can I do to like minimize any damage to my business,
(20:53):
my pocketbook, my my, you know, number of employees, I have, whatever,
as long as possible. Because it's not clear how this
is going to shake out. Everybody is doing everything they can.
It's like, you know, your doctor told you, hey, good news,
we can save your life. This medicine's five thousand dollars
a month. What you do in the first two months
is going to be very different than what you do
in the tenth month to pay for that medicine. And
(21:16):
I think tariffs are going to be similar.
Speaker 1 (21:18):
By the tenth month. I'm down at the greyhound station.
Oh easy, now, easy looking for I'm.
Speaker 2 (21:24):
In alone, yes, asking for a loan at reasonable interest rates.
I would be exuberant to be wrong about this tariff
thing and have it work out. I would be thrilled.
I've never claimed to be a person with a lot
of knowledge about economics, and I'd be perfectly happy to say, well, good,
(21:44):
you didn't listen to me on know what I'm doing.
But I also I think there's a decent chance it's
going to be the biggest topic in America in the fall.
Speaker 3 (21:51):
Right, Well, I would love, love, love to come back,
you know, on January, whenever we restart work, presuming we're
still employed, you know, and explain exactly what I got
wrong and why I was wrong, and how it's unbelievable,
and why the economy is just in such great shape
and everybody's four oh one k is bursting at this seems,
and oh I would love that. So let's all get
(22:14):
together then. But I'm somewhat to skeptical.
Speaker 2 (22:18):
Skip that you skipped the whole first half of the
school year, Thanksgiving, Christmas, everything, just everything, Well, I just
I think the birds.
Speaker 1 (22:25):
Will take a little bit a little while to come home.
Speaker 2 (22:27):
To roost, right, But you said we'll all meet there,
and I don't know. There's a lot in between now
and then. Fair enough, all right, school starts next week.
I'm focused, Oh yeah, depending on where you are.
Speaker 1 (22:38):
Which is just it's crazy, it's crazy. Why is this
school here so long?
Speaker 2 (22:42):
Now?
Speaker 3 (22:42):
It doesn't matter, well, it doesn't matter. But it's another
topic for another day. So this is a very weird
headline and I read it this morning and did a
double take.
Speaker 2 (22:58):
In Video and Advanced micro Devices, those are the.
Speaker 1 (23:02):
Super giant chip makers.
Speaker 2 (23:04):
That's the most valuable company in the entire world by
a lot.
Speaker 1 (23:08):
Yeah. In Video, yes, certainly.
Speaker 3 (23:10):
Is UH are expected to pay the United States government
fifteen percent of the money they take in from selling
artificial intelligence chips to China as part of a part
of a highly unusual financial agreement with the Trump administration.
It comes a month after in Video received permission to
(23:30):
sell a version of its AI chips to China.
Speaker 1 (23:32):
Where's in Nvidio based? Gosh, this Silicon Valley company.
Speaker 2 (23:40):
Up?
Speaker 3 (23:41):
Yeah, where they're based and where they do their manufacturing
or two.
Speaker 2 (23:44):
Different video based I just asked chat GPT and they'll
give me the Oh, Katie already looked up.
Speaker 1 (23:50):
You win, Katie. Good way to go, Katie got Katie.
Headquarters are located in Santa Clara.
Speaker 2 (23:54):
Santa Clara, so right next to Levi Stadium, so they
could go to the forty nine Ers games.
Speaker 4 (24:00):
Uh?
Speaker 1 (24:01):
Why why? Why? We I suppose the last.
Speaker 3 (24:04):
Time I went to a forty nine ers game, I
threw up, so I'd appreciate you not mentioning that you
threw up.
Speaker 1 (24:09):
Yeah, when I got home. Was that a drinking related episode?
Speaker 4 (24:13):
Uh?
Speaker 1 (24:14):
Yeah, but not entirely. It was one of those.
Speaker 3 (24:17):
I was on a party bus and there's like a
really weird variety of foods.
Speaker 1 (24:25):
And there was alcohol, and it was a really hot day.
Oh that's a rough combo, man. Oh, I just felt terrible.
The hot day is what put it over the top. Oh,
that makes me feel sick. Was there over indulgence?
Speaker 2 (24:38):
Yes, yes, there was lots of foods that should not
be in the same stomach at the same time with
a bunch of booze on a hot day.
Speaker 1 (24:46):
Oh to myself, look of the bush. Yeah.
Speaker 3 (24:54):
Finally get home and it's like, I don't feel good, honey.
Oh boy, not my best day anyway. Where were we
in Vidia, the proud American company and builder of the
greatest AI chips on earth, But there are few precedents
for the Commerce Department greened to grant license for licenses
for exports in exchange for a share of revenue. In June,
(25:19):
the administration improved investment by Nippon Steel, a Japanese company
and US Steel, and a deal that included a so
called golden share in the company, or rarely used practice
where the government takes a stake in a business. This
is all starting to feel a little I don't know, Bolivion.
Speaker 2 (25:34):
Well, I'm not a communist, but so you know, companies
can do whatever they've got to do for the But
do we want the best AI chips in the world
being sold to China at all?
Speaker 1 (25:44):
Is there anything we can do about that in a
free market? No? Well, and if it is.
Speaker 3 (25:52):
The premise or the prelude to this, was us telling Nvidia, no,
you can't be selling the great chips to China. There
are there are global adversary. They're communist brutes. I was
just reading a review of a book about the concentration camps.
China is running for the Wiger people, among other minorities.
Speaker 1 (26:11):
And do you think I don't know about this?
Speaker 2 (26:13):
I see the college students protesting on campuses about the
Wigers being held in the concentration camps.
Speaker 1 (26:19):
I joke, of course, excellent sarcasm.
Speaker 3 (26:21):
Yes, and I was reminded of what a brutal and
horrific regime the Chinese Communist Party is. But so we
said in them, No, you can't be selling the advanced
stuff to China. There are geopolitical adversary Number one. They
are bent on the overthrow of free markets, capitalism in
the United States, liberty and everything that is good and holy.
(26:41):
And that's absolutely not acceptable unless you cut us in
for fifteen percent. That does not feel good to me.
Headline in Wall Street Journal, the US marches towards state
capitalism with American characteristics, which is a parody of China
describes itself as socialism with Chinese characteristics. I'm uncomfortable with
(27:04):
a lot of this.
Speaker 2 (27:05):
Uh, it's a very weird inter you know, mingling of
government and industry, which goes back to earlier decades. I
don't remember who did it first, Soviet Union or whatever.
Socialism with a human face, right, Uh. Too bad for
the wigers that the Chinese Communist Party isn't made up
(27:25):
mostly of Jews, because then the college students would really.
Speaker 1 (27:28):
Be into this story.
Speaker 2 (27:29):
Yeah, yeah, indeed, that's so we gotta we gotta come
up with something that's a little more optimistic.
Speaker 3 (27:38):
Yeah, I know, I know. I would love to mailbags
actually very good. I would include some really good thoughts
and ideas I just the great thing about Trump is
that he is not beholden to precedent and tradition, a
lot of which is really just an expression of the
powers that be.
Speaker 2 (27:58):
The swamp tell us how things really ought to run,
and it's very important that they continue to run in
the way that protects our interests and enriches us.
Speaker 3 (28:08):
And Trump doesn't really care about a lot of that stuff.
But sometimes his lack of regard for precedent and tradition
is it does damage. I'm a little concerned about some
of this industrial policy stuff. So I guess we'll all
find find out together. I'll meet you here January fourth
or whatever. Joe keeps trying to skip fall. We've got.
Speaker 1 (28:30):
Mail bag on the way.
Speaker 2 (28:31):
Will listen to misogynists beat up on the first female umpire.
Speaker 3 (28:35):
It's just disgusting, sweetheart. A strike is when it crosses
the place.
Speaker 1 (28:40):
Oh my god, Oh my god. Uh wow.
Speaker 2 (28:45):
Okay, we've got mail bag on the way. Stay here.
Breaking news details later. Judge denies request to unseal the
transcripts from grand jury that indicted g Dog Maxwell, So
more on that later.
Speaker 1 (29:01):
We're not going to see that transcript. Here's your freedom.
Speaker 3 (29:04):
Loving quote of the day, continuing our series from Jafier Melay,
The Savior of Argentina. You may recall Friday, he mentioned
that the state first and foremost is a thief that
spends on itself.
Speaker 1 (29:17):
Second, and here's today's quote. The state has been used.
Speaker 3 (29:20):
By organized groups, a private sector cast to get privileged
is that are not only unfair but also damage growth,
protected businessers. It's a Spanish word that they translate badly
protected business people and trade union scumbags.
Speaker 1 (29:38):
What was that thing at the beginning? Though, the state
is a.
Speaker 3 (29:42):
Uh, the state first and foremost is a thief that
spends on itself, the political cast, and not only by
explicit taxes, but also by a hidden tax that destroys
the economy, the inflation tax.
Speaker 2 (29:53):
So just that sort of language about the state is
a thief that was popular when I was like coming
of age the Reagan years to say that sort of
thing about government. Now it's become like you're a really
bad person to bad mouth government. These are people just
trying to do good in the world. The history of
the world is that power will.
Speaker 1 (30:12):
Steal from you, murder you.
Speaker 2 (30:14):
I mean, that's just always the history of power. It
serves itself always primarily mailbag. Woot drop us a note
mail bag at Armstrong and Getty dot com. We lost
a truly great American over the weekend.
Speaker 1 (30:31):
There's not some idiotic celebrity death. We did Hulk Hogan already.
Speaker 3 (30:35):
The amazing Jim Lovell, oh astronauts, commander of Apollo thirteen
Apollo miation that miraculously got back to Earth, one of
the coolest heads ever.
Speaker 1 (30:48):
To walk the Earth.
Speaker 2 (30:50):
Jim and Lafayette points out that WW two is great generation,
but so are those naval officers of the fifties, like
those at the Hanoi Hilton that organized language and math
classes to keep their men brains active and blinked torture
when put on parade for World Press and the astronauts
good stuff.
Speaker 1 (31:05):
Thanks for the note, Jim Level.
Speaker 2 (31:06):
The astronaut that didn't get to walk on the moon,
right and Norm McDonald's got a great bit about that
the disappointments.
Speaker 3 (31:16):
Buzz Aldron with a beautiful tribute to Level when he
passed a couple of days ago, one of his closest friends. Lifelong,
incredible respect, really nice anyway, bring him or chat GPT
Jim Lovell and read about him in amazing.
Speaker 1 (31:30):
I read the whole biography. It was pretty impressive.
Speaker 3 (31:33):
Moving along, doctor Jeff writing from Dolphin's Blowhole, Hawaii. You know,
I've spent a fair amount of time in Hawaii, doctor Jeff,
and I don't recall coming across Dolphin's Blowhole or It's
charming citizens. But doctor Jeff points out Jack Joe, Alaska,
(31:55):
where Trump is meeting Putin, gets warm in August and
air conditioning is so there will be a lot of
open windows. It would be very unfortunate if Putin was
to accidentally fall out.
Speaker 1 (32:06):
Of a window.
Speaker 2 (32:07):
I'm just saying, maybe Trump's lured him into the United
States and we're just going to clap him in handcuffs
and you're under arrest.
Speaker 3 (32:15):
That would be controversial, speaking of norms and traditions that Trump,
you know, doesn't regard as no regard for no.
Speaker 1 (32:23):
You don't like call.
Speaker 3 (32:24):
For a summit that abduct the world leader, Yeah, I do. Eh,
let's do it once.
Speaker 2 (32:30):
So one of the world's worst war criminals and he'll
be on us soil.
Speaker 1 (32:35):
Right, let's snatch him up. Let's see.
Speaker 3 (32:37):
On the topic of libraries, Jashaun Wrights, guys who was
listening to last week to talk.
Speaker 1 (32:41):
About libraries was crazy.
Speaker 3 (32:44):
Visits to libraries have plunged nationwide in the United States,
of course, I have, even though people are reading as
much as ever. It's because the bums and junkies have
made it so unpleasant and if you missed it, you
grab it by podcast Starmstrong and getting on demand. But
there is a significant, you know, subset of and it's
(33:05):
like half, maybe or more of the library world that
believes libraries should be homeless shelters. Yeah, people anyway, Jashawn
Wright say, recently took my kids back to my neighborhood
I grew up in, not too far from the radio ranch.
Took them to the library I went to as a kid.
There's not a chance in hell i'd ever let a
(33:26):
young child go to this blank hole alone. The park
outside is one big junkie camp.
Speaker 1 (33:31):
Now.
Speaker 3 (33:32):
I took my kids there. We got out to walk around,
and I said, let's go back to the car. This
is not safe.
Speaker 1 (33:36):
What the hell.
Speaker 2 (33:38):
You certainly wouldn't let your eight year old daughter say,
I've got to use the bathroom. It's over there, you know, honey,
you can go use it. In no way you'd let
him go in there by themselves, if at all.
Speaker 3 (33:46):
My sister and I, when we were fairly small kids,
rode our bikes to the library all the time.
Speaker 1 (33:51):
It was to cherish part of our childhood. Let's see
Travis right.
Speaker 3 (33:57):
So I'll preface this by saying I'm generally not a
fan of more regulation, as I'm a conservative of Lean's libertarian.
That said, there's one regulation had support regarding AI, especially
considering the increasing risk of not being able to discern
what's real versus what's been generated by AI. I think
audio and video generated by AI should contain a digital
water mark. That way you'd always know. I can't immediately
(34:18):
think of any downsides of that being added AI media.
How it would be enforced, Well, that would be hard,
maybe impossible. It's an interesting thought.
Speaker 1 (34:26):
Yeah.
Speaker 3 (34:26):
Anyway, his two cents adjusting for inflation, His two cents
adjusting for inflation.
Speaker 2 (34:34):
Man, two cents is not worth much. That's why we
got rid of the penny. You realize, did we? Yeah,
we did, right. The penny went away. Some of the
ones that in circulation are gone. There will be no
more excellent I know, I'm.
Speaker 1 (34:46):
All for it.
Speaker 3 (34:47):
So example of Trump's positive, you know, revolutionary thinking.
Speaker 2 (34:52):
Europe might not agree with the Russia Trump Plan.
Speaker 1 (34:56):
Armstrong and Getty
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