Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:10):
Broadcasting live from the Abraham Lincoln Radio Studio, the George
Washington Broadcast Center, Jack Armstrong and Joe.
Speaker 2 (00:17):
Getty, Armstrong and Getty and Key Armstrong and Getty Strong and.
Speaker 3 (00:30):
Not live from Studio C Armstrong and Getty. We're off,
We're taking a break.
Speaker 2 (00:35):
Come on enjoy this carefully curated Armstrong and Getty replay.
And as long as we're off, perhaps you'd like to
catch up on podcasts, subscribe to Armstrong and Getty on
demand or one more thing we think you'll enjoy it.
Speaker 4 (00:46):
Sir, you probably heard that you're supposed to get like
ten thousand steps a day, but according to new research,
just seven thousand steps a day could be.
Speaker 2 (00:53):
Enough to improve your health. Do you I hear six?
Speaker 4 (00:57):
It really sounds like scientists have lowered their X expectations
for us. Explains why the new Surgeon General warning on
cigarettes as do not smoke during pregnancy unless it's your
second kid.
Speaker 2 (01:07):
Then what else?
Speaker 3 (01:10):
Yeah? I like the jokes, but the problem is the
original ten thousand step thing was completely made up. The
problem with a lot of health stats, and we're about
to get into some here, is they're misinterpreted regularly. Oftentimes
they're very very small, preliminary studies that the researchers themselves
(01:31):
would never put out there as a national story to
talk about. But it's something exciting about something that can
cause cancer or eliminate cancer or whatever, and so the
media goes crazy with it. And then there's studies that
are paid for by like, you know, mattress companies or
candy bars or whatever, and lo and behold the study
(01:52):
says eating more chocolate leads to better sex life or whatever.
You know, So sure you gotta watch out for that.
Before we get to that stuff of things real quick,
first of all, can we make a vow? We need
to make a vow. I don't think we can keep it,
but we should try. We should make a vow every
day and work toward this goal to stop talking about
cable news as if anybody's watching it.
Speaker 2 (02:13):
Because nobody is. So that's so fine with me.
Speaker 3 (02:17):
Yea, I agree. But anytime you talk about Jake Tapper
said this or whatever.
Speaker 2 (02:20):
It might be interesting for some reason, but nobody is
watching that show. Nobody.
Speaker 3 (02:27):
I'm just I'm looking at this stats that Byron York
just put out from Fox. It's more likely you're watching
a Fox show. Certainly, but uh, CNN's total audience during
their five.
Speaker 2 (02:40):
Six, seven, eight, nine, ten, and eleven PM hours. You're
cherry picking.
Speaker 3 (02:47):
Added together don't beat one showing of the five, which
is not even one of Fox's highly rated shows. Oh
so talking about anything on CNN or MSNBC really is you?
Speaker 2 (03:00):
Who are you talking to? Boy? It is the ultimate
example of something holding on to just any reputation based
entirely on its gloried pass.
Speaker 3 (03:09):
And my people who are old enough to remember when
it mattered. If you're younger, you don't even know what
it is. Right, Well, it's in airports.
Speaker 2 (03:17):
Inexplicably, we got this CNN have a picture of the
head of the FAA with a mule or something. I mean,
how is CNN on an airport's all over America? That
is almost that is almost certainly the explanation. Well there
(03:37):
you go.
Speaker 3 (03:38):
Anyway, moving along, we got this text about that horrible
story in New York, the shooting. I just wanted to
deal with it real quick in case I did use
sloppy language. You're putting out fake news again. The shooter
in New York never played in the NFL. I didn't
mean to imply that he did. I thought I said
he was a high school star and that's where his.
Speaker 2 (03:56):
Current You never stated anything that could be taken to
indicate that he played in the NFL. Well, I guess
you made reference to other Okay, yeah, whatever, that's fine, Okay, fine,
he didn't play in the NFL, but he does see
some budsman weighing in there.
Speaker 3 (04:12):
He did seem to be blaming that brain mouth function
that you can get from playing football, though, as he
had a note about that and shot himself in the
chest and wants his brain to be studied, which doesn't
make him some sort of anybody to look up to
because he killed a bunch of innocent people like a scumbag. Right,
if you didn't get enough sleep last night, you've doubled
your chance at Gang Green.
Speaker 2 (04:32):
I hope you're happy. Oh no, not another bout of
gang Creen. Another bout.
Speaker 3 (04:38):
It ruined my summer vacation. Oh wow, it certainly ruined
my beach. Look my beach body.
Speaker 2 (04:47):
Getting too big studies.
Speaker 3 (04:48):
This is pretty damned interesting and a bit of a breakthrough.
I think we've been talking about sleep stuff a lot.
Everybody that I know deals with sleep issues or if
you're getting a enough sleep. They found a way pretty
simple with having instead of self reporting about sleep, which
is all you had to really go on up until
(05:10):
fairly recently. Now you can have everybody wear these little
devices that report on how much sleep you're actually getting.
And there are way too many fake long sleepers in
all studies we've ever heard. They actually that's what they
actually call them, fake long sleepers in studies we've heard
about through our whole lives. It's people maybe like me,
(05:31):
who report a certain number of hours asleep but actually
get much less. If you actually wear a device that
measures how much you're sleeping, just because you're in bed
and semi unconscious, that amount of time doesn't mean you're
actually sleep sleeping. And so they had people wear these
devices trying to track how much like actually you were
(05:53):
asleep sleep you got. The numbers are a lot lower,
And so those other numbers skewed everything we've ever had
about sleep because you got a whole bunch of people
in there claiming they sleep eight hours a night and
they're actually sleep in six.
Speaker 2 (06:06):
Is anybody struck anybody else struck by the hilarious irony
of self reporting sleeping habits? I mean, if there's one
one period of my life I can't really account for.
It's when I'm asleep. True.
Speaker 3 (06:20):
It's the largest study of its kind ever. Researchers strapped
fitness trackers on nearly ninety thousand adults for a week,
followed their health for almost seven years. Among people who
claimed to sleep more than eight hours a night late
nearly a twenty two percent, so a fifth we're actually
getting six or less. That's a big chunk of people
(06:40):
who thought they were getting eight hours of sleep and
they're getting six or less.
Speaker 2 (06:44):
That's that's enormous. Yes, statistically, that's like, why are you
even talking about the previous numbers?
Speaker 3 (06:49):
They're ridiculous, right, But let me jump to the headlines
from it, other than the headline that everything you've ever
heard about sleep studies is fake because of what do
they call them? Lying bash that's not what they called
them fake long sleepers. My bastards would be too harsh,
that'd be appropriate. Uh, sleep rhythm matters more than sleep duration.
(07:09):
Inconsistent or weak. Daily sleep rhythms were linked to eighty
three diseases and then they list them and we could
get into that later with the sleep rhythm ing when
you're going in and out of RAM like happens.
Speaker 2 (07:21):
If you've ever learned anything about.
Speaker 3 (07:23):
Sleep disease burden is comparable to smoking or obesity. Up
to thirty seven percent of Parkinson's These numbers can't be true,
can they? Up to thirty seven percent of Parkinson's and
thirty six percent of type two diabetes could be attributed
to disrupted sleep patterns.
Speaker 2 (07:39):
That's a lot that. That's an extraordinary claim. I am,
I got my fur up p too. I'm very free. Wow.
What's what's our source here? What's our publication? Is this?
Speaker 3 (07:51):
It's a dirty Chinese research led by doctor Quinn Chen
Army Medical University and Cheng Wang Peck Peak University. Okay,
are you concerned that the Chinese are trying to infiltrate
our sleep device?
Speaker 2 (08:10):
Yeah, I'm highly skeptical about all of this. The idea
that bad sleep rhythms are more serious a problem than
we understand that, that's perfectly reasonable. But a bunch of
commis there at p King. I thought we were supposed
to say Beijing these days. Maybe they kept the name
for the university. That's a good question.
Speaker 3 (08:29):
The study linked various sleep problems to one hundred and
seventy two different diseases across virtually every system in the
human body. Some diseases showed dramatic associations. For example, people
with the most disrupted sleep rhythms face more than triple
the risk of age related physical debility. I don't really
doubt that. Well, yeah, but triple, But I don't doubt that.
Speaker 2 (08:47):
Yeah. Your previous sentence about Parkinson's caught my ear, partly
because both my mom and my grandfather died of complications
from Parkinson's. But so little is known about what causes Parkinson's.
I mean, could there be some correlation without causation, or
or half and half. That's that's utterly unclear to me.
Speaker 3 (09:05):
But my guess would be that whoever wrote this article
took the numbers and presented it as if its causation went.
It could just be those two things to go together
for unknown reasons.
Speaker 2 (09:21):
But I want to get back this because I thought
it was funny. Well, it could be you've got a
gene mutation that causes poor sleep rhythms and parkinson for instance,
Parkinson's for instance.
Speaker 3 (09:29):
Sure, so people with the bad sleep triple the risk
of age related physical debility. Also, you doubled the risk
of gangreen compared to those with the robust sleep patterns.
Yeah again, don't I eliminate the any chance of gangreen
by getting a tennis.
Speaker 2 (09:43):
Shot ruin my beach vacation. It's it's hurt my golf game.
The gang green. It's terrible.
Speaker 3 (09:49):
How many people have you ever known gotten gangreen? Unless
you're one hundred and eighty years old.
Speaker 2 (09:53):
My dating life has been poorer for it. Listen, you're
a great guy, but you're gangren. Oh. I saw you.
Speaker 3 (10:03):
I saw your hinge profile and you mentioned the gangreen
right up toward the top. So it shouldn't have been
a surprise anyone.
Speaker 2 (10:09):
Oh my goodness.
Speaker 3 (10:10):
So this sentence, this is the one you're having trouble with.
And researchers estimated that up to thirty seven percent of
parkins Parkinson's disease risk.
Speaker 2 (10:19):
I'm exactly shut that. That means nothing. Sorry.
Speaker 3 (10:21):
I hate to be a kill joy, killing anything for me.
I didn't write this study.
Speaker 2 (10:26):
I have no investment in this brought it to us.
We need a meeting, A long meeting, okay, a lot
of questions, long meeting, prolonging questions. I would not.
Speaker 3 (10:44):
Be surprised if a lot of the problems we have
though in the modern world is people not getting.
Speaker 2 (10:53):
Decent sleep. Uh. Yeah, yeah, And I've become re re
re re re re reconvinced about the omnipresence of screens
and smartphones being a reason for people's mental problems recently. Yeah,
I heard it presented in a religious context by a
man of the cloth who was repeating what I think
(11:16):
man is known for thousands of years. But well, I'll
just say what he said. Leave time in your life
for God, Leave time in your life for prayer and
meditation and contemplation. Put down your damn screen. You know.
Speaker 3 (11:35):
I didn't even do this on purpose. It has just
kind of happened for a variety of reasons. But I've
been on this kick all summer long. Of at sunset,
I schedule my evening around this. At sunset, I ride
my bike to the edge of town. It's about two
and a half miles, and then I'm looking at a
wheat field. I'm from Kansas, so I like seeing the
sunset over wheatfields.
Speaker 2 (11:55):
So I'm there.
Speaker 3 (11:55):
I'm looking at this wheatfield with the sunset, and I
do this combination of prayer and affirmation and just kind
of talking to myself or whatever. I don't bring my
voe in and I do it every night, and it
has become like my favorite part of the day. Like
I just said, oh boy, I gotta get this done
because the sunset's coming, because it's just there's clearly some
like nourishment I'm getting from that that I look forward
(12:18):
to it, and I really go out of my way
to make sure I've arranged so that I.
Speaker 2 (12:22):
Can do it. Yeah.
Speaker 3 (12:24):
Wow, I mean it's just organically making me want to
do it every night. Yeah.
Speaker 2 (12:29):
I have a similar ritual. I drink myself incoherent and
fall asleep muttering angrily about the people who wronged me
with Fox on really loud some nights. Yes you do you, man,
you do you.
Speaker 3 (12:47):
I've actually been lately thinking how am I going to
keep this going when the days are shorter and the
sun setting at five point thirty and dinner and blah
blah blah, or's raine.
Speaker 2 (12:55):
I don't know, but I'm going to miss it.
Speaker 3 (12:56):
I got to come up with a substitute for when
the beautiful weather is over because it has become super
important to me.
Speaker 2 (13:03):
It's not as good idiotape it and watch it on
your screen carried around on my phone, but don't like
say wow, that was really good. That was really soothing.
Now that I have my screen open, though, let's do
a little dune scroll like no, no right.
Speaker 5 (13:21):
Jack Armstrong and Joe The.
Speaker 6 (13:24):
Armstrong and Getty Show, The arm Strong and Getty Show.
Speaker 3 (13:37):
We were wondering if, like, if you used the therapist
Harry on chat GPT, if it's different than just generally
asking questions the way the rest of us have been doing.
Speaker 2 (13:47):
What did you find out, Katie, Yeah, it's significantly different.
Speaker 7 (13:50):
So for example, I just used like one of the
medications from my IVF process, and chat GPT regular kind
of sympathized with that it might make me not feel good,
but then gave me a list of resources and things
I can do to feel better.
Speaker 2 (14:04):
In all this, Yeah, I was totally unawarees Katie pointed
out this segment that they have like individual bots with
specialized programming for different topics, including the number one being astrology,
so there's no hope for humanity. But number two was
(14:25):
find my celebrity look alike, and so I did that.
I uploaded a photo and it struggled for a while.
I could tell it was thinking, Chase. If somebody looked
like you, they wouldn't be a celebrity. That's what do
we tell This guy did give anyway? Did he give
you Barney Rubble? Looking? No, as a younger man, I
did resemble the great Barney Rubble a great deal. Looking
(14:46):
closely at your features, strong brow lines, expressive forehead, square jaw,
with a salt and pepper beard, and a slightly rugged
but approachable look. Was it trying to aid, Hey, it's
doing pretty well so far. If it is, you have
a resemblance to Nick Nolty in his later years Hollywood
(15:09):
and sleeping on park benches.
Speaker 3 (15:10):
No, no, Buddy Holly, Nick Nolty, not now, Nick Nolty.
Speaker 2 (15:14):
Oh no, unfortunately not, And also a bit of Kurt
Russell in his more recent roles Again Wenignalty. Resemblance comes
through in the weathered, expressive foreheadlines and the way your
beard frames your face, especially like Nolty around the two thousands.
Oh oh, they cite Kurt Russell and the hate late Yes,
(15:37):
if only.
Speaker 3 (15:39):
The fact that the number one use for AI for
Dunderpates is astrology. It's amazing that you're combining like the
most cutting edge advanced thing human beings have ever come
up with with the most old timey, dumbest from one
hundred thousand years ago, reading the stars for your acuture.
Speaker 2 (16:05):
Well more importantly, I need Katie to react with complete
honesty to this. Your look has that mix of ruggedness
and warmth that both of those actors are known for
in their later careers. I think you'd probably agree, wouldn't
you nailed that?
Speaker 3 (16:17):
Why is that thing giving you all positive feedback? And
there's no you look sort of like a hobo I
saw on the way to work.
Speaker 2 (16:24):
Or just are you all right? Do you have medical
professionals you can call?
Speaker 3 (16:34):
Oh my gosh, how long did doctor tell you you had?
Speaker 2 (16:39):
Oh? Yeah?
Speaker 5 (16:40):
One?
Speaker 2 (16:40):
One final AI note, Katie mentioned this headline Jeffrey Hinton,
often called the godfather of AI. He's calling on researchers
to design systems that will take care of us like
we're babies, and we all reacted like, I'm not sure
I need that, but thanks very much. But I read
what Hinton's reasoning is that's the only way to keep
(17:02):
them from becoming like our overlords who shred us and
take our organs for whatever purpose. He's like, we need
to make machines that are smarter than us to care
for us like we're there, babies, baby. We need to
imbue them with genuine concern for human well being, otherwise
(17:22):
it could be really Yeah, So we need to convince
AI to care about us, so they don't, you know,
eat us.
Speaker 1 (17:31):
Wow, the Armstrong and Getty Show, Yeah, Borgia Orgio podcasts
and our hot links the Armstrong and Getty Show.
Speaker 8 (17:43):
Look, guys, there's no way to sugarcoat it.
Speaker 2 (17:46):
Nobody likes Democrats anymore.
Speaker 8 (17:48):
We have no voters left because of all of our
woke trans bullet Not even black people want to vote
for us anymore. Even Latinos hate us. So we need
new voters. And if we give all these illegal aliens
free healthcare, we might be able to get them on
our side so they can vote for us.
Speaker 2 (18:05):
That is not actually Chuck Schumer.
Speaker 3 (18:07):
That is an AI voice of the Democratic leader of
the Senate. And that was not actually Donald Trump in
a sombrero behind him playing the trumpet.
Speaker 2 (18:16):
I was gonna praise Schumer for his candor.
Speaker 3 (18:20):
Kim Jeffries was not actually wearing a sombrero with a
big giant black mustache. Also, JD Vance did not actually
say this.
Speaker 7 (18:27):
Okay, as was Mucco, simply a Democrat party is mucho ritardo.
Speaker 2 (18:32):
Okay, mucho retardo.
Speaker 7 (18:33):
Especially at Hakimo Jeffries eel chuck O Schumer, they are
extra ritardo. So l presidente and I cannot negotiate with
these Democrat ritardos.
Speaker 2 (18:42):
O no no, no, no, no, no no no. I
don't like that term. Start Otherwise, that was very funny.
Speaker 3 (18:50):
We started earlier in the week with that, just Schumer
saying this about the Democrats and then there's kind of
the subtle ish sombrero and mustache, and it's grown since
then and do this all subtenly has been lost and
it's just completely out of control.
Speaker 2 (19:04):
Well, and I love that that reporter before. Is it
helpful to post sombrero pictures when you're attempting to negotiation?
Speaker 3 (19:13):
Come on, So here's howkeing. Jeffrey is a leader of
the Democrats in the House. He just reacting to the videos.
Speaker 9 (19:20):
It's a disgusting video. And we're going to continue to
make clear bigotry will get you nowhere. We are fighting
to protect the healthcare of the American people in the
face of an unprecedented Republican assault on all the.
Speaker 3 (19:35):
Things medicare the disgusting deal.
Speaker 2 (19:39):
And here here's the reporter thing. Joe was mentioning, the president's.
Speaker 10 (19:43):
Been posting some images of Leader Jeffries and Sanator Schumer. Ultately,
you've said that you're interested in good faith negotiations with
these leaders. But you know what message is that's and
is it helpful to post pictures of Leader Jeffries and
sombrero if you're trying to talk to you?
Speaker 2 (19:59):
Oh, I think they go, but yeah, you know what
it shows. It shows that we're the party that's got
a sense of humor, Wow, angry all the time mustache?
Speaker 3 (20:10):
Is it helpful to post pictures of mister Jeffries and
a somburro and giant black mustache? Well, a whole bunch
of Trumps. There's only one Trump. All five different Trumps
play trumpets and giant guitars.
Speaker 2 (20:25):
Implying some might say that there are multiple Trumps who
should run for a third term.
Speaker 3 (20:30):
If there were multiple Trumps, they'd be in a mariachi band.
Is that helpful?
Speaker 2 (20:38):
Oh my golly, no, this is this is it's almost
kind of fun to watch, not the really silly part
of it, but the effort Hakeem jeffries to try to
get his civil rights movement. I'm outraged, we're all fighting together,
voice going and he runs it off the flagpole and
absolutely no one salutes.
Speaker 3 (20:59):
Yeah, I'll say it again. I've said it multiple times.
But the fact that the Washington Post editorial board, the
people that run the Washington Post, said the Democrats walked
into a trap on this one and that they shouldn't
have shut down the government. They should have cobbled together
to votes to go with this. So I heard it explain.
It's actually pretty good explanation. These shutdowns are dumb and
(21:20):
don't matter. And the last one lasted a month and
you don't even remember it happened, all right, so quit.
Speaker 2 (21:26):
Acting like it's a big deal.
Speaker 3 (21:27):
But several times this happened last couple of times with Republicans,
where like the Tea Party did this like we're going
to show how hard we're going to fight, and I
was on board with the fighting and everything like that,
but you just don't have the leverage of the votes
to actually make anything happen. And Ted Cruz did it
around Obamacare. He did the law the really long what
(21:49):
do you call it? A filibuster? And then they also
wouldn't go along because they needed his vote to avoid
a shut down, and he had no leverage to actually
get anything accomplished. And that's what the the woke progressive
end of Democrats are doing. Now, we're gonna force a shutdown.
Show much we fight, but we don't actually have the
leverage to do anything. And so this has happened a
(22:12):
couple of times, and again nobody nobody, nobody dies, Nobody
even notices it happens. It disappears into the history books. Man,
if you ever read that history book, you are bored
to death. But speaking of jokes, here's an ai or No,
this is a comedian. This is not Ai. This is
a comedian who does a good Trump voice.
Speaker 11 (22:28):
Ola mei fellow Americana. Ce biendnitos alcierre de Schumer. That
means welcome to the Schumer shut down. We call it
the Schumer siesta, right, mister Schumer siesta. He put the
government on CIEs, the crying chuck and el jakimo, hefe Jeffries.
(22:48):
We used to call him Dallas st or Obama until
we realize he's worth far less than a dollar. But
they put the government on siesta to give illegal alien
ends your healthcare. We're not gonna let it happen. I
looked at both of them. I said, we're not going
to let it happen. As snowboy, now, I said a snowboy.
Speaker 1 (23:06):
No.
Speaker 2 (23:07):
They begged me.
Speaker 11 (23:07):
They said, but signor or for more, please give Ille
de Lilias deathcare. So we're not going to do it.
We're never going to do it. It's not going to happen.
We're going to end the CES. So we're going to
reopen the government and we will not give into the demands.
Speaker 2 (23:22):
Of Chuck and l Hefe.
Speaker 11 (23:24):
We're not going to do that. Thank you, God bless you,
Diolo Bendiga, and God bless America. Thank you for your
attention to this matter.
Speaker 3 (23:33):
That last part was probably funny, but I don't speak
enough Spanish to know what he said.
Speaker 2 (23:36):
Yeah, I missed that one too.
Speaker 3 (23:38):
Uh the uh, but please, Senor, it's pretty funny. The
funny thing is that that's only like one tick off
actual Trump. Yes, I mean it's just barely even comedy, uh,
as opposed to did the President actually sing what he
was saying? And so Trump said, I got it home
(24:01):
where I grabbed it somewhere I lost it. Trump said
something funny, but I can't remember what it was about
the Democrats handing in this the he can't believe that
they same thing the Washington Post editorial board basically said
is he can't believe that the Democrats are allowing him
to do this and run all the leverage.
Speaker 2 (24:20):
Well, and Trump's boy Russell vote. The budget chief is
taking advantage of it to try to shrink the government
as fast as he possibly can. Whether it holds up
or not, nobody's quite sure. But it's exactly what Trump
and Elon Musk and company and a lot of conservatives
have been wanting to happen.
Speaker 3 (24:40):
So let it continue. That's fine, I saw. So there
was some thing in the New York Times yesterday. I
got the bulletin during the day, you're nervous. Our experts
are here to answer your questions about the shutdown, I thought,
And I'm not nervous. I don't have any questions. I'm
perfectly fine. It'll end, like I keep saying, this afternoon
(25:01):
or Friday night or next Tuesday, and nobody will ever
think about it ever again.
Speaker 2 (25:05):
So that was to their sizeable percentage of their listenership
that still wears covid masks alone outdoors. Right, Well, those
people are scared. They wake up scared. It makes them
feel important. Wow, I hadn't seen this.
Speaker 3 (25:17):
Israel struck overnight in the Gaza Strip, killed at least
thirteen Palestinians according to whoever, according to hospitals. Of course,
a lot of hospitals are just Hamas holdouts and they
call them a hospital. But anyway, Israel's continuing to blast
that area Gaza while Hamas is waiting to decide thumbs
up or thumbs down on the peace proposal, which the
(25:40):
deadline is this weekend.
Speaker 2 (25:41):
It's Thursday now, running out of time. Yeah, well, maybe
they ought to take a hard look at it and
figure it out quick. What do you think is going
to happen? I still think there are only two choices.
One Hamas says, all right, we'll go along with it,
and pretends to go along with it and seks to
do what they've always thought to do as hard as
(26:01):
they can. Secondly, they just reject it and say we'll
fight to the deaths because they've vowed martyred them over
and over again.
Speaker 3 (26:11):
So the critics are saying, like I saw this, Peter
Baker of the New York Times that this was basically,
you know, and all or nothing for Hamas proposal from
the Yeah, you see, one side is winning the war,
and they're gonna win the war.
Speaker 2 (26:27):
No matter what.
Speaker 3 (26:29):
So they offered to the people that they're about to
completely decimate, here's a way out if you want it.
If you don't, we're just gonna continue to do what
we're doing. That's the way most wars end. Yeah, so
what like all of them? Yeah, so they can decide
to do it, Joe said, And you know, they're they're
uh dead enders. So they might say, you know, we're
(26:51):
gonna go ahead and fight to the death because they
don't care if they take all the Palestinians with them,
doesn't matter to them.
Speaker 2 (26:55):
In fact, they think that would be great. Oh yeah.
In fact, they're gonna fight as long as they can
and have as many civilians die as possible to hope
that the world opinion turns against Israel, because it already
has to some extent. So yeah, that's probably the most
likely scenario. But the idea that you know, the Peter
Baker's of the world, and he's a bright enough guy,
but my god, you're holding Israel to a standard that
has never existed in warfare in the history of the world.
(27:18):
You've just invented this special new one for Israel.
Speaker 1 (27:22):
The Armstrong and Getty Showy or Jack or Joe Podcasts
and Our Hot Lakes.
Speaker 5 (27:31):
Jack Armstrong and Joe Getty.
Speaker 3 (27:34):
The Armstrong and Getty Show from the Department of Why
does nobody recognize we're driving toward a cliff at one
hundred miles per hour?
Speaker 2 (27:42):
Yeah? Alicia Finley of The Wall Street Journal pointing out
that America's buy now, pay later economy is showing signs
of an emerging debt crisis everywhere.
Speaker 3 (27:53):
I don't like this story. I'm not doing that. I'm
a I don't buy it until like an afford it
sort of guy. But we all get brought down by
a financial collapse.
Speaker 2 (28:03):
We all realize that, right right, The word inclusive is
very hot these days. There certainly was a couple of
years ago. That's the brilliant thing about a financial crash.
It includes virtually everybody. Yeah, misery. So anyway, so she
points out that serious credit card and auto loan delinquencies
have climbed to the level of the twenty eighth nine recession.
Speaker 3 (28:24):
Okay, so rousing right after that giant crashes. Not surprising
that lots of people all of a sudden were in
trouble and not quite making their payments on time and
that sort of stuff.
Speaker 2 (28:35):
What is the reason now? Nobody's sure we like spending money,
she says. The housing market shows cracks. Well, the labor
market is weakening, but you wouldn't know it from the
point stock market and consumer spending. America is buy now,
pay later economy, and at least increasingly fueled by leverage.
(28:57):
As consumers, investors, businesses, and the govern are all taking
on more debt, which she points out, and there's always
one person like this at the party, she points out,
you have to pay for debt later with interest. Thank
you for that. What a drag man. As Americans max
out their credit cards after years of inflation, by now,
(29:18):
pay later offers are popping up everywhere, from concert tickets
to vacations to grocery stores. Boy, oh, boil boil boy.
Speaker 3 (29:27):
I can see how it would be appealing if I'm
twenty one year old Jack and they'll never tour again
or whatever it's their farewell tour man to not buy
your concert tickets on I can't afford it now, but
I'll magically have more money six months from now.
Speaker 2 (29:45):
No, don't do that, I guess. There are now apps
where you can split the cost of your purchases into
installment payments over weeks or months. Some are currently interest
free for now, just to include fees. Here's what you do.
You borrow a against your used car.
Speaker 3 (30:01):
Is that still a thing that people are doing, where
you take out equity from your used car?
Speaker 1 (30:05):
Yes?
Speaker 2 (30:06):
Right, yeah, And unlike credit cards, a lot of these
services don't report the loans to the credit bureaus, so
folks are in much more debt than their credit rating
might indicate.
Speaker 3 (30:17):
But so these all these different entities that are giving
people these deals must feel like they're going to get
paid back.
Speaker 2 (30:26):
Oh yeah, yeah, certainly in the short term. And they
have carefully calculated their default rates and you know, price
their services excuse me accordingly. And you know, if somebody
ends up not being able to pay, they just put
them their name on the blacklist.
Speaker 3 (30:42):
And boy, my oldest son has got a life lesson
coming on. I don't even remember what it was now,
it's been so long, and something he really really wanted
and kind of fronted him the monk kind of fronted
him the money on that with the idea that you
will owe me and I will be keeping track of it,
and I have been keeping and he still owes me.
And Christmas might just be here. I've wiped off hot
(31:04):
half your debt. Merry Christmas. That would be a lesson
how that old thing works. That would be a great
gift in a way. Yeah, sure, not to be appreciated
at the time. According to recent survey, about half of
consumers have used a buy now, pay later service.
Speaker 2 (31:23):
This is not a niche, this is half I've reskewed
towards the young.
Speaker 3 (31:28):
Concert tickets, your vacation, I mean everybody kind of does
that a vacation, right, because you put everything on your
credit card, whether you pay it off that month or
over a couple of months.
Speaker 2 (31:38):
Good point. Yeah, let's see Federal Reserve pay per last
December found such users are more likely to have low
credit scores, carry of balance on credit cards, have incurred
checking overdraft fees, and have more delinquent credit accounts. Financially
vulnerable consumers maybe over extending themselves. And let's see. One
(32:02):
of the bigger buy now, pay later services announced an IPO,
which is expected to be one of the biggest of
the year. Such services make money by capitalizing on financially
stretched consumers, especially young people who don't want to tighten
their belts. Wow.
Speaker 3 (32:22):
According to the Babylon b As we told you, the
Social Security Administration is going to be renamed the Charles
Ponzi Memorial Retirement Plan, which I like.
Speaker 2 (32:31):
That is great.
Speaker 3 (32:33):
The Department of Justice will be changed to the Department
of Revenge and all losers and haters.
Speaker 2 (32:38):
I don't think that's appropriate.
Speaker 3 (32:41):
And yet somewhat accurate in these days of law fair,
this is the one that hurts. The Department of the
Treasury will be changed to the Chinese Loan Office.
Speaker 2 (32:51):
Ooh, one more that I liked.
Speaker 3 (33:00):
Sing in Urban Development will retitle his Department of the Pores.
Speaker 2 (33:05):
The Pores. Wow.
Speaker 3 (33:09):
By the way, we got a text from somebody who
said they always appreciate when I do my porky pig
routine not being able to.
Speaker 2 (33:14):
Pronounce a word. I got another statistic for you. That's
enough fun. Back to the misery. So in twenty twelve,
mortgage you know, holders had debt to income ratio is
considered risky. Right, twenty eight percent of people had a
(33:34):
debt to income ratio that was pretty risky twenty eight
percent last year sixty nine percent. Oh my god. Seven
man Freddy mckew was thirty eight percent, up from sixteen
percent in twenty twelve. Seven out of ten.
Speaker 3 (33:51):
Of yea, yeah, I don't think I do have a
risky debt to.
Speaker 2 (33:57):
Income ratio. And if I haven't driven you to buy
gold and bury it in your backyards yet, how much?
How about one more? The FAHA Federal Housing Association, we
have a fancy new name for them, from the Babylon
Bay too bad. They've waived or reduced monthly payments on
one point two million mortgages over the past two years.
It's about fifteen percent of the total that they hold,
(34:20):
and without that forgiveness passed during the Biden administration, delinquencies
would be near the level of the twenty eight to
nine meltdown. Fanny and Freddy have also been slashing in
deferring payments on hundreds of thousands of mortgages. So I
go into my son's room last night to talk to him,
(34:41):
which is.
Speaker 3 (34:41):
One of the grooviest high schooler bedrooms I've ever seen
in my life. He's put a lot of effort into it,
and it's very cool and dark. It's always very dark
in there. But anyway, I go into my high schooler's
room last night and did not smell pleasant.
Speaker 2 (34:53):
I said, what is the deal in here? On a
rest of sex?
Speaker 3 (34:57):
And he must have taken that to heart, because now
the higher house smells like high school boy cologne. And
I said, what did you do? And he said, we
used to sit at smell bed. So I sprayed around
some of my cologne. I thought that would help some
of your colone. Oh, it smells like you're on a
date with four high school sophomore boys right now in
(35:19):
my house.
Speaker 2 (35:20):
Wow, way too much, way too much. I ortant to
ascertain the source of the funk.
Speaker 3 (35:26):
First, it's not funny, I don't I don't know what
it is about the scent, but it just it smells
like if you had to name the smell, you'd say,
I'm on a date with a boy who's about old
enough to get his driver's license. That's what it smells like.
Its own scent. You wow, acts bedroom spray.
Speaker 2 (35:46):
Or something like that. Yikes. Among the story. I hope
you bought it for cash and didn't borrow them one
here you know, break up the picture. It's the arm
Strong in Getty Show, Armstrong in Getty, get Getty
Speaker 5 (36:02):
So Art, Trap and Getty