July 30, 2025 • 24 mins
Will Anthony Richardson be the Colts starting QB? Islamic State militant group claimed responsibility for a deadly attack that had killed at least 43 worshippers during a night mass at a church in eastern Congo. US and Chinese officials agreed to seek an extension of their 90-day tariff truce. Kevin O'Leary: Use any excess capital to reduce the national debt. That is the most important thing. US GDP increasing at a 3% annualized rate, largely due to trade swings
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Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:12):
It was an eight point eight on the Richter scale
off the coast of Russia, the eastern side of Russia.
Tsunami warnings in Hawaii, tsunami warnings and watches for the
West coast, the whole of California up to Oregon and
Washington into British Columbia. Those tsunamis did not manifest with viciousness. Certainly,
(00:36):
there are some things we won't know about Hawaii until
the sunlight, but we're not getting reports of.
Speaker 2 (00:41):
Levels of devastation. And I'm thankful about it, and you
should be.
Speaker 1 (00:45):
Two Tony Katz ninety three WIBC, Good morning.
Speaker 2 (00:50):
It's a large scale quake. It's a big, big, big number.
Speaker 1 (00:56):
And the damage we don't know yet to places like Japan,
Korean Peninsula, et cetera, in terms of what they may
have felt from this.
Speaker 2 (01:06):
But the tsunami was coming in our direction.
Speaker 1 (01:09):
Right, you're talking about earthquake where part of the called
the Earth's crust is dipping down. Right, Plates are moving
on top of each other. I mean something comes underneath,
which means one plate goes down, so the water level
goes down. The other water level, Well, the water is
going to go somewhere and then that's what creates the
wave and it will move quite literally across the earth.
Speaker 2 (01:31):
And those waves can get very very high.
Speaker 1 (01:34):
Because you have this rush of water on top of
existing water.
Speaker 2 (01:37):
It has to go somewhere. That's what happens. That is
the concern.
Speaker 1 (01:43):
In Hawaii, the sirens went off, having people move the
higher ground. It hit at about seven to fourteen PM
was the estimated time, a Hawaii time. Remember they are
six hours behind us. But so far everything seems to
be white all right there. We'll see what any level
of damage is, whether it be in in Hawaii or
(02:06):
along the coast there in Russia, Japan, some of our allies.
Speaker 2 (02:12):
We'll see how that goes.
Speaker 1 (02:13):
And yes, a lot of people discussing the contract extension
for Bernard Raymond. I'm sorry, said Bernard Bernhard Sorry, my apologies, sir,
and how he signed a four year contract extension as
an offensive lineman with the Colts, one of the highest
(02:34):
paid left tackles in the league. And the contract, which
some say is one hundred million dollars, sixty million of
which is guaranteed. The question is who is he going
to be protecting back there? And from everything that I
am seeing.
Speaker 2 (02:57):
It's that Anthony Richardson started.
Speaker 1 (03:02):
Out in a very very bad way and has gotten
better as the days have gone on. I have no
idea whether or not he's going to be the starter.
Nothing will surprise me, nothing will shock me. If you
told me that Daniel Jones was going to be the starter,
(03:23):
I would believe it, absolutely believe it. Anthony Richardson might
just need more time. Physical phenom absolutely gets injured too easily.
Possibly that's up to more football guys to decide.
Speaker 2 (03:39):
But is there.
Speaker 1 (03:42):
Any question that this isn't finished, that they don't know.
I don't think there's any question. I'm saying they don't know.
I'm not saying they're looking at Riley Leonard, although that
would be super cool. I'm saying that I do not
believe that it is a that Anthony richards In as
the starter. I said this as training camp started.
Speaker 2 (04:06):
I say it.
Speaker 1 (04:06):
Now, but we will continue. It's a very cool set
up there at Grand Park. You should go check it
out when you get the chance. Tony Katz ninety three WIBC,
Good morning. There's more than what's happening regarding Jeffrey Epstein
in her trade deals, like dozens killed in an attack
on a Catholic church.
Speaker 2 (04:27):
In the Congo.
Speaker 1 (04:28):
Tony Katz ninety three WIBC, Good morning, the Allied Democratic Forces.
Don't be fooled by the name storming a church in
a city called Kamanda. This according to the UN, they
are Aslamist extremists known as the ADYF and they killed
(04:48):
at least to forty three people, including nine children. In
a story that isn't going to get you talked about
at all. It's a story once again of Islamists. It's
a story once again of what exactly are we doing
the world over? Are we fully aware of all the issues?
If you ask me, are we engaged enough, concerned enough,
(05:12):
aware enough talking about enough?
Speaker 2 (05:14):
I answered absolutely not, not in any way. And we
see this problem, whether this is.
Speaker 1 (05:24):
Hamas in Israel, whether this is the Iranian regime and Toto.
We've got this in the Congo, We've got this with
the Houti rebels, We've got this in other places. The
issues in London, in Paris, the issues are the same.
This same group, according to the Congolese military, carried out
(05:46):
an attack where eighty two civilians were killed. So I'm
not quite sure how to fix this for Congo. I
don't know how they go about fixing it. What I
will note is that it just won't be discussed.
Speaker 2 (06:08):
Yet.
Speaker 1 (06:09):
Somehow I should be told that Islamophobia is the most
important thing to discuss, and there are no attacks on
Christians anywhere.
Speaker 2 (06:20):
I think we're going to discuss all the things.
Speaker 1 (06:22):
We should discuss all the things, and we shouldn't be
peace feeling the things, hiding the things, being afraid to
discuss the things. This is a horrific story, and this
is just one I would bet if I started doing deep,
deep research of many and many stories that don't get
(06:42):
discussed publicly because you know that would be offensive. I
must admit that the more people tell me something is
offensive to discuss, the more I want to tell those
people to please stop being in my spheres. We're not
talking about the world we want. We're talking about the
(07:03):
world we have, and how do we deal with it?
How do you deal with the world.
Speaker 2 (07:07):
That you have? This is the question.
Speaker 1 (07:11):
The world that we have is that islamis won worldwide
califate and will kill anybody who gets in their path.
Speaker 2 (07:17):
Now, what why is this something not to admit? London?
Speaker 1 (07:23):
I'm sorry the whole of the UK will fall, William
will be the last king.
Speaker 2 (07:29):
Louis will never ascend to the throne.
Speaker 1 (07:32):
There will be nothing left unless they do something about it.
And doing something about it will not come kind, It
will not come easy. Yeah, these are the facts as presented.
It's not going to change. The US and China are
going to talk about extending the tariff pause deadline.
Speaker 2 (07:56):
Okay, you do that. I think this is more time
to get a deal.
Speaker 1 (08:06):
Maybe it's a conversation of looking at this EU deal
and saying what does it mean to me? And I
will tell you I've stared at the EU deal. I
think the most amazing part about the European Union trade
deal is that the European Union allowed Trump to announce
it in a way that showed a complete and total
victory and utter humiliation for the Europeans because some of
(08:31):
those things, whether it's energy or whether it's military, that
was going to happen. But you let Trump announce it
as a deal. Good lord, ain't that something?
Speaker 2 (08:42):
You're going to open up markets? Terrific.
Speaker 1 (08:44):
I look forward to seeing the markets actually be utilized.
And then there are things, of course we're discussing, like
tariff rebates where I'll let Kevin O'Leary explain it.
Speaker 3 (08:56):
The only reason Europeans have agreed to an asymmetric tariff,
in other words, they're paying more to come and bring
their products here than we are paying to go into
Europe is because of two sectors, pharma and automotive. They
can't give up access to the American market for these
behemoth businesses they have in pharma and automotive. What's interesting
(09:19):
about this whole narrative about rebate checks because Trump also
brought it up and these other ideas, that's a bad idea.
What should be happening now with any extra income is
to pay down the national debt. That's the opportunity because
the great greatest gift you can give of the future
is to pay down the debt, which is just really,
really big.
Speaker 1 (09:38):
This is what we've been saying, so we have a backup,
but he says it in a very simple way.
Speaker 2 (09:47):
But this is also true.
Speaker 3 (09:48):
And so I think at the end of the day,
we're still in negotiating with these countries because we don't
have deals with Mexico, no deals with Canada, and be
a no deal. Europe looks like it's negotiating something here
but the real big Mama is China, and we're just
starting to dance with those guys.
Speaker 1 (10:08):
True, and that's what we see now from continuing the
pause on the tariffs. Our deal with China's gonna be
different than our deal with the EU because of what
gets produced in China and certain markets that we want
access to. But anything that diminishes China's economic capacity is
good for us. It's valuable, is important, and we should
(10:31):
absolutely be in favor of because a trade deal is
much more than about the trade.
Speaker 2 (10:36):
There is a national security conversation.
Speaker 1 (10:38):
That goes along with it, and I think it's important
for us to keep that in mind. We see this
as part of the EU deal, and it was kind
of glossed over the buying of military hardware, the buying
of energy is not only about the European Union's national
security and recognizing that Russia is the threat and recognizing
that the United States will can not be the nation
(11:01):
just to bail you out, because this was absolutely the
story for years post war, post World War two. Then
it got abusive. This is what Trump stated and said,
you guys got to start paying up to which the
European Union in all of NATO scoffed. Then they got
Joe Biden, and they realized they had nobody that could
depend on because Biden was a big hot mess. They
(11:22):
better start paying for their own defense. That got into
the two percent deal. Now we've got a five percent
deal with NATO on GDP, and now you have this purchase, which,
as I state, is probably gonna happen anyway. So not
only is that a national security conversation for the European Union,
it is for US because US being able to sell
our hardware is good for us. Now you say to me, well, Tony,
(11:43):
you're just talking about advancing the military industrial complex.
Speaker 2 (11:48):
To quote Eisenhower, I think that he was right in
his warning.
Speaker 1 (11:53):
But I also think it's right that American companies that
builds great hardware are able to sell that hardware.
Speaker 2 (11:58):
I think that's better for US overall and our defense.
Speaker 1 (12:02):
I think Europe being able to better defend itself against
Russian aggression is better for US, which is why I
always supported supporting Ukraine being able to fight back against
the Russians after their invasion of Ukraine. But the national
security conversation is also the energy conversation, US being the
exporter of energy seven hundred and fifty billion dollars worth,
means that Russia isn't the exporter of energy, which means
(12:24):
they have less dollars coming in, which is better. That's
all of this moves in these multiple pieces, and all
this brings us to the China conversation about what is
done to create any level of deal that would be
seen a success that also diminishes their power, because no
(12:45):
success can happen that doesn't diminish their power. And this
is why it's such a hard deal if it can
even be done, because the Chinese believe that they've got
markets outside of the United States that even with the tariffs,
they'll survive and be fine.
Speaker 2 (13:00):
And I think there's some extent to which that is true.
Speaker 1 (13:04):
So what does the deal look like and how do
these other deals put pressure on? As I stated from
the beginning, and I still hold true to this, You've
got the deal with Japan, you have the deal with
the Philippines, that's great. You need the South Korean deal,
you need the India deal. Once you have those in place,
then we could take a look at what they are
(13:25):
and how China might react. Those are the deals, I mean,
the European Union deal, is interesting, But those are the
deals that will make I will most make China figure
out how they have to respond and whether or not
they're even willing to which we should admit is a possibility.
Time to fill up on the news. Tony KENTTZ ninety
(13:47):
three WIBC, Good morning.
Speaker 2 (13:49):
Good to be with you.
Speaker 1 (13:51):
Doubt futures up sixteen and as that future is up
thirty two. You have got oil prices which are now
hovering at seventy right, sixty nine dollars and twenty cents
about on the West Texas crewed, the Brench crewed. Now
it's seventy two dollars and fifty three cents. Oil prices
were in the sixties and weren't being affected by tariffs.
(14:12):
And now we're seeing this ten year treasury at four
point three six four and coming out now the US
economy growing at three percent in quarter two. I'm sorry
you're saying GDP. Doctor Matt Will just texted me, Wait, wait,
are we saying GDP was three percent? Because what people
(14:34):
are going to say is even with tariffs, we're still
at three percent. That's a that's a pretty nice amount
of growth. That's at least I absolutely believe that's what
they're gonna put out. Now, how is this effect inflation?
(14:55):
And how does this affect what is going to be
the announcement from Jerome Powell, Chairman of the Federal Reserve,
regarding interest rates. I'm putting my marker down. No shot,
no shot. Are we going to see interest rates go down?
Not happening.
Speaker 2 (15:12):
Consumer spending up one point four percent in the.
Speaker 1 (15:16):
Second quarter, better than the half percent in the quarter
before it. Okay, let's see does does the market respond
in an upward movement. It hasn't done anything yet, but
we'll keep keep an eye on it.
Speaker 2 (15:36):
Interesting numbers. Indeed, I had something else.
Speaker 1 (15:41):
In this where did I have I had one more
story of economics?
Speaker 2 (15:46):
Maybe maybe I don't. Maybe I'm just doing some early drinking.
I don't. I don't think that's the case. No, I
talked about the cars.
Speaker 1 (15:55):
I thought this was very interesting as we were talking
about credit card debt. That you know, credit card debt
is getting paid down, but it's still.
Speaker 2 (16:08):
Incredibly high. But car loans are.
Speaker 1 (16:13):
At their highest level in four years in terms of
cars that are underwater. That the average amount owed on
loans was over sixty seven hundred dollars and the average
monthly payment was nine hundred and fifteen bucks, which is
a mind scramble of a number. And these things seem
to be in totally opposite proportion. People are underwater on
(16:37):
their cars, they're paying down debt, but the debt is
still higher than ever, and GDP is three.
Speaker 2 (16:43):
Percent even with tariffs.
Speaker 1 (16:47):
I don't know what to make of this, and I'm
not so sure anybody else has got a good answer either.
The more I'm staring at this GDP number and doing
some reading as we're doing the show, this is crazy.
That's a crazy good number, three percent. Yet inflation's not
under control. So we've got record debt. People are paying
(17:09):
off debt, people are underwater on their vehicles, but they're
spending more.
Speaker 2 (17:12):
For a vehicle.
Speaker 1 (17:13):
We have tariffs, but we have a higher GDP. Sure
sounds great, Oh good gosh. Might spend some time trying
to break this down even more on Tony Katz today
at noon. I am not in tomorrow. I will not
(17:36):
be here. I will not tell you where I will be.
It is super secret. I can't can't can't tell you where,
but I will tell you this. The world is crazy,
but we don't have to be I know it's Wednesday
and we usually do it Thursday, but but we do
what we do. It is the TK Thursday Music Moment
on a Wednesday, brought to you by Kill a Dent Removal,
(17:57):
Kill a Dent Removal. You have got a door daning, right,
somebody ran into you at the supermarket. Someone opened the
door into you, You got hail damage, whatever the case may be,
Kill a Dent Removal will come to you paintless dent removal,
door ding repair, mobile dent repair. Make your hood look
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(18:19):
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it is fantastic. Paintless dent removal from Kill a Dent,
Kill a Dent Removal dot Com. Kill a Dent Removal
dot Com. That's what you called. That's who you go
to to get your car looking good as new. The
world is crazy, but we don't have to be. And
you've heard me say this many times. Everybody is nuts
(18:39):
and everything is nuts, and they try and make us nuts,
and honestly, it's no way to live.
Speaker 2 (18:44):
You gotta take a breath. You gotta take a beat.
You gotta roll down the.
Speaker 1 (18:48):
Window in your car. You gotta turn up the speakers
wherever it is you are. You gotta grab a drink. Hey,
you might work third shift and just gotten home. I
am not here to judge. As long as you're not
in the car. I'm fine with what you're doing. You
know you, you know you, You handle you, and we
take a moment, play some music, clear our head, and
then we.
Speaker 2 (19:08):
Get back to it. It is just that easy.
Speaker 1 (19:12):
So on this music moment, I'm surprised I haven't gotten
into it sooner. Considering the world is crazy and we
don't have to be, I might as well get to it.
It is two thousand and six from the album Saint
Elsewhere NARLS Barkley with Crazy producer Carl Hit It.
Speaker 2 (19:35):
The world is crazy. We should relax every now and again,
and that's what it is.
Speaker 1 (19:40):
The full list of songs for the TK Tony Kats
Thursday Music Moment, even though it's on a Wednesday, is
there at WIBC dot com. You should check it out
for yourself. Huh, Tony Katz ninety three WIBC.
Speaker 2 (19:56):
Good morning, good to be with you.
Speaker 1 (19:58):
It's time to lay America's favorite game. What the heck
is that TV theme song? Here is how we play
our game? Producer Carl picks a television theme song from yesteryear.
I have to guess what it is. I have My
idea is wrong, but I have an idea of what
this is, and I've got a couple of them to
(20:21):
choose from. Actually, but I'll do what I do, and
I will phone a friend, Matt Bear from the WIBC
Traffic Center Matt and Traffic on Twitter X.
Speaker 2 (20:33):
What is this TV theme song? This is love bo Tony.
That's close. That's not it though, That is not close.
I love it though. Okay, that's beautiful.
Speaker 1 (20:46):
I'm I'm vacillating between two and I might not be
right on either one.
Speaker 2 (20:54):
That the chatman, by the way, is of no freaking
help whatsoever.
Speaker 1 (20:58):
None live dreaming there WIBC WBC YouTube Channel ninety three,
WIBC there on YouTube. You should go subscribe and be
a part of that. No help from social media at all.
This is the one with the painter the guy Happy
little Trees.
Speaker 2 (21:15):
This is not the theme to Bob Ross. It totally is.
Speaker 4 (21:18):
Happy little Trees, Happy little Tony, happy little Tonies, happy
little Somebody should paint that Happy somebody should paint a painting,
but instead of Bob Ross trees, it should just be
happy little Tonies.
Speaker 2 (21:30):
That's a Kik shirt you have on. By the way,
I am so thank you, thank you.
Speaker 1 (21:35):
By the way, the level of people who like to
talk about my logo, it's too plain, it's too simple.
Did a toddler make that? Dear lord, everyone's got free time,
go make me a better logo.
Speaker 2 (21:45):
Hey, I know my stuff.
Speaker 4 (21:46):
That logo is perfect, don't you?
Speaker 2 (21:48):
Thank you.
Speaker 1 (21:49):
This is not the theme to New Heart, although this
could very well be the theme to Murder, she wrote,
I don't think it is. This is the theme to
either Hotel. I forgot what I had another one? I
had another guess Total Requests Live. No, there's not the
(22:09):
TRL that's awesome. Oh gosh, now now it's eluding me.
This is the theme to Hotel or this was the
theme too?
Speaker 2 (22:25):
It's not Dynasty. No, no, what was this the theme?
You know what? This is not the theme to nip Tuk.
This is totally nip Tuk. Everyone's ridiculous.
Speaker 4 (22:38):
I can think about getting a LiPo section.
Speaker 2 (22:40):
Do me a favorite Carl, just buzz Matt again, thank you.
Speaker 1 (22:44):
I didn't even guess, well, just getting ready for it.
Speaker 2 (22:49):
God see us side.
Speaker 1 (22:55):
Dang it, it's not the themes hotel.
Speaker 2 (22:59):
What was the other choice? Lord?
Speaker 1 (23:01):
God, it's killing me all right, pretty ser Carl? What
is this the theme to Wings?
Speaker 5 (23:05):
Of course, this is the theme to Wings? According to
YouTube it is. Yeah, huh yeah.
Speaker 1 (23:15):
A couple of people got it on there on the
YouTube livestream on the chat because you know they should
zammed it.
Speaker 2 (23:27):
Just admit that you're a bunch of dirty chat room cheaters.
That's all. I would not have gotten that. I would
not have gotten that at all. Uh.
Speaker 1 (23:37):
The full list of TV theme songs is there at
WIBC dot com.
Speaker 2 (23:43):
Uh, and you can, uh, you could check it out
for yourself.
Speaker 1 (23:45):
And Tony Kats Today at noon we'll dig into more
of this GDP number. Three percent, This is this is insane.
That's a very very good number. And if I'm just
announcing a twenty five percent terrify on India, which I
assume is to try and get them to.
Speaker 2 (24:05):
The table.
Speaker 1 (24:08):
And then a penalty for trade with Russia because India
buys what Russian oil? Okay, well to Russia, maybe you
should have made the deal with Kief. I think that
is basically the argument Pooh a lot to talk about
on Tony Kats today at noon you hear that nationwide.
(24:29):
We just need more people in the nation hearing it.
We're working on it every day. I will be there
at noon.
Speaker 2 (24:35):
I'll catch you then, Ken on case you're up next.
It was an eight point eight on the Richter scale
off the coast of Russia, the eastern side of Russia.
Tsunami warnings in Hawaii, tsunami warnings and watches for the
West coast, the whole of California up to Oregon and
Washington into British Columbia. Those tsunamis did not manifest with viciousness. Certainly,
(00:36):
there are some things we won't know about Hawaii until
the sunlight, but we're not getting reports of.
Speaker 2 (00:41):
Levels of devastation. And I'm thankful about it, and you
should be.
Speaker 1 (00:45):
Two Tony Katz ninety three WIBC, Good morning.
Speaker 2 (00:50):
It's a large scale quake. It's a big, big, big number.
Speaker 1 (00:56):
And the damage we don't know yet to places like Japan,
Korean Peninsula, et cetera, in terms of what they may
have felt from this.
Speaker 2 (01:06):
But the tsunami was coming in our direction.
Speaker 1 (01:09):
Right, you're talking about earthquake where part of the called
the Earth's crust is dipping down. Right, Plates are moving
on top of each other. I mean something comes underneath,
which means one plate goes down, so the water level
goes down. The other water level, Well, the water is
going to go somewhere and then that's what creates the
wave and it will move quite literally across the earth.
Speaker 2 (01:31):
And those waves can get very very high.
Speaker 1 (01:34):
Because you have this rush of water on top of
existing water.
Speaker 2 (01:37):
It has to go somewhere. That's what happens. That is
the concern.
Speaker 1 (01:43):
In Hawaii, the sirens went off, having people move the
higher ground. It hit at about seven to fourteen PM
was the estimated time, a Hawaii time. Remember they are
six hours behind us. But so far everything seems to
be white all right there. We'll see what any level
of damage is, whether it be in in Hawaii or
(02:06):
along the coast there in Russia, Japan, some of our allies.
Speaker 2 (02:12):
We'll see how that goes.
Speaker 1 (02:13):
And yes, a lot of people discussing the contract extension
for Bernard Raymond. I'm sorry, said Bernard Bernhard Sorry, my apologies, sir,
and how he signed a four year contract extension as
an offensive lineman with the Colts, one of the highest
(02:34):
paid left tackles in the league. And the contract, which
some say is one hundred million dollars, sixty million of
which is guaranteed. The question is who is he going
to be protecting back there? And from everything that I
am seeing.
Speaker 2 (02:57):
It's that Anthony Richardson started.
Speaker 1 (03:02):
Out in a very very bad way and has gotten
better as the days have gone on. I have no
idea whether or not he's going to be the starter.
Nothing will surprise me, nothing will shock me. If you
told me that Daniel Jones was going to be the starter,
(03:23):
I would believe it, absolutely believe it. Anthony Richardson might
just need more time. Physical phenom absolutely gets injured too easily.
Possibly that's up to more football guys to decide.
Speaker 2 (03:39):
But is there.
Speaker 1 (03:42):
Any question that this isn't finished, that they don't know.
I don't think there's any question. I'm saying they don't know.
I'm not saying they're looking at Riley Leonard, although that
would be super cool. I'm saying that I do not
believe that it is a that Anthony richards In as
the starter. I said this as training camp started.
Speaker 2 (04:06):
I say it.
Speaker 1 (04:06):
Now, but we will continue. It's a very cool set
up there at Grand Park. You should go check it
out when you get the chance. Tony Katz ninety three WIBC,
Good morning. There's more than what's happening regarding Jeffrey Epstein
in her trade deals, like dozens killed in an attack
on a Catholic church.
Speaker 2 (04:27):
In the Congo.
Speaker 1 (04:28):
Tony Katz ninety three WIBC, Good morning, the Allied Democratic Forces.
Don't be fooled by the name storming a church in
a city called Kamanda. This according to the UN, they
are Aslamist extremists known as the ADYF and they killed
(04:48):
at least to forty three people, including nine children. In
a story that isn't going to get you talked about
at all. It's a story once again of Islamists. It's
a story once again of what exactly are we doing
the world over? Are we fully aware of all the issues?
If you ask me, are we engaged enough, concerned enough,
(05:12):
aware enough talking about enough?
Speaker 2 (05:14):
I answered absolutely not, not in any way. And we
see this problem, whether this is.
Speaker 1 (05:24):
Hamas in Israel, whether this is the Iranian regime and Toto.
We've got this in the Congo, We've got this with
the Houti rebels, We've got this in other places. The
issues in London, in Paris, the issues are the same.
This same group, according to the Congolese military, carried out
(05:46):
an attack where eighty two civilians were killed. So I'm
not quite sure how to fix this for Congo. I
don't know how they go about fixing it. What I
will note is that it just won't be discussed.
Speaker 2 (06:08):
Yet.
Speaker 1 (06:09):
Somehow I should be told that Islamophobia is the most
important thing to discuss, and there are no attacks on
Christians anywhere.
Speaker 2 (06:20):
I think we're going to discuss all the things.
Speaker 1 (06:22):
We should discuss all the things, and we shouldn't be
peace feeling the things, hiding the things, being afraid to
discuss the things. This is a horrific story, and this
is just one I would bet if I started doing deep,
deep research of many and many stories that don't get
(06:42):
discussed publicly because you know that would be offensive. I
must admit that the more people tell me something is
offensive to discuss, the more I want to tell those
people to please stop being in my spheres. We're not
talking about the world we want. We're talking about the
(07:03):
world we have, and how do we deal with it?
How do you deal with the world.
Speaker 2 (07:07):
That you have? This is the question.
Speaker 1 (07:11):
The world that we have is that islamis won worldwide
califate and will kill anybody who gets in their path.
Speaker 2 (07:17):
Now, what why is this something not to admit? London?
Speaker 1 (07:23):
I'm sorry the whole of the UK will fall, William
will be the last king.
Speaker 2 (07:29):
Louis will never ascend to the throne.
Speaker 1 (07:32):
There will be nothing left unless they do something about it.
And doing something about it will not come kind, It
will not come easy. Yeah, these are the facts as presented.
It's not going to change. The US and China are
going to talk about extending the tariff pause deadline.
Speaker 2 (07:56):
Okay, you do that. I think this is more time
to get a deal.
Speaker 1 (08:06):
Maybe it's a conversation of looking at this EU deal
and saying what does it mean to me? And I
will tell you I've stared at the EU deal. I
think the most amazing part about the European Union trade
deal is that the European Union allowed Trump to announce
it in a way that showed a complete and total
victory and utter humiliation for the Europeans because some of
(08:31):
those things, whether it's energy or whether it's military, that
was going to happen. But you let Trump announce it
as a deal. Good lord, ain't that something?
Speaker 2 (08:42):
You're going to open up markets? Terrific.
Speaker 1 (08:44):
I look forward to seeing the markets actually be utilized.
And then there are things, of course we're discussing, like
tariff rebates where I'll let Kevin O'Leary explain it.
Speaker 3 (08:56):
The only reason Europeans have agreed to an asymmetric tariff,
in other words, they're paying more to come and bring
their products here than we are paying to go into
Europe is because of two sectors, pharma and automotive. They
can't give up access to the American market for these
behemoth businesses they have in pharma and automotive. What's interesting
(09:19):
about this whole narrative about rebate checks because Trump also
brought it up and these other ideas, that's a bad idea.
What should be happening now with any extra income is
to pay down the national debt. That's the opportunity because
the great greatest gift you can give of the future
is to pay down the debt, which is just really,
really big.
Speaker 1 (09:38):
This is what we've been saying, so we have a backup,
but he says it in a very simple way.
Speaker 2 (09:47):
But this is also true.
Speaker 3 (09:48):
And so I think at the end of the day,
we're still in negotiating with these countries because we don't
have deals with Mexico, no deals with Canada, and be
a no deal. Europe looks like it's negotiating something here
but the real big Mama is China, and we're just
starting to dance with those guys.
Speaker 1 (10:08):
True, and that's what we see now from continuing the
pause on the tariffs. Our deal with China's gonna be
different than our deal with the EU because of what
gets produced in China and certain markets that we want
access to. But anything that diminishes China's economic capacity is
good for us. It's valuable, is important, and we should
(10:31):
absolutely be in favor of because a trade deal is
much more than about the trade.
Speaker 2 (10:36):
There is a national security conversation.
Speaker 1 (10:38):
That goes along with it, and I think it's important
for us to keep that in mind. We see this
as part of the EU deal, and it was kind
of glossed over the buying of military hardware, the buying
of energy is not only about the European Union's national
security and recognizing that Russia is the threat and recognizing
that the United States will can not be the nation
(11:01):
just to bail you out, because this was absolutely the
story for years post war, post World War two. Then
it got abusive. This is what Trump stated and said,
you guys got to start paying up to which the
European Union in all of NATO scoffed. Then they got
Joe Biden, and they realized they had nobody that could
depend on because Biden was a big hot mess. They
(11:22):
better start paying for their own defense. That got into
the two percent deal. Now we've got a five percent
deal with NATO on GDP, and now you have this purchase, which,
as I state, is probably gonna happen anyway. So not
only is that a national security conversation for the European Union,
it is for US because US being able to sell
our hardware is good for us. Now you say to me, well, Tony,
(11:43):
you're just talking about advancing the military industrial complex.
Speaker 2 (11:48):
To quote Eisenhower, I think that he was right in
his warning.
Speaker 1 (11:53):
But I also think it's right that American companies that
builds great hardware are able to sell that hardware.
Speaker 2 (11:58):
I think that's better for US overall and our defense.
Speaker 1 (12:02):
I think Europe being able to better defend itself against
Russian aggression is better for US, which is why I
always supported supporting Ukraine being able to fight back against
the Russians after their invasion of Ukraine. But the national
security conversation is also the energy conversation, US being the
exporter of energy seven hundred and fifty billion dollars worth,
means that Russia isn't the exporter of energy, which means
(12:24):
they have less dollars coming in, which is better. That's
all of this moves in these multiple pieces, and all
this brings us to the China conversation about what is
done to create any level of deal that would be
seen a success that also diminishes their power, because no
(12:45):
success can happen that doesn't diminish their power. And this
is why it's such a hard deal if it can
even be done, because the Chinese believe that they've got
markets outside of the United States that even with the tariffs,
they'll survive and be fine.
Speaker 2 (13:00):
And I think there's some extent to which that is true.
Speaker 1 (13:04):
So what does the deal look like and how do
these other deals put pressure on? As I stated from
the beginning, and I still hold true to this, You've
got the deal with Japan, you have the deal with
the Philippines, that's great. You need the South Korean deal,
you need the India deal. Once you have those in place,
then we could take a look at what they are
(13:25):
and how China might react. Those are the deals, I mean,
the European Union deal, is interesting, But those are the
deals that will make I will most make China figure
out how they have to respond and whether or not
they're even willing to which we should admit is a possibility.
Time to fill up on the news. Tony KENTTZ ninety
(13:47):
three WIBC, Good morning.
Speaker 2 (13:49):
Good to be with you.
Speaker 1 (13:51):
Doubt futures up sixteen and as that future is up
thirty two. You have got oil prices which are now
hovering at seventy right, sixty nine dollars and twenty cents
about on the West Texas crewed, the Brench crewed. Now
it's seventy two dollars and fifty three cents. Oil prices
were in the sixties and weren't being affected by tariffs.
(14:12):
And now we're seeing this ten year treasury at four
point three six four and coming out now the US
economy growing at three percent in quarter two. I'm sorry
you're saying GDP. Doctor Matt Will just texted me, Wait, wait,
are we saying GDP was three percent? Because what people
(14:34):
are going to say is even with tariffs, we're still
at three percent. That's a that's a pretty nice amount
of growth. That's at least I absolutely believe that's what
they're gonna put out. Now, how is this effect inflation?
(14:55):
And how does this affect what is going to be
the announcement from Jerome Powell, Chairman of the Federal Reserve,
regarding interest rates. I'm putting my marker down. No shot,
no shot. Are we going to see interest rates go down?
Not happening.
Speaker 2 (15:12):
Consumer spending up one point four percent in the.
Speaker 1 (15:16):
Second quarter, better than the half percent in the quarter
before it. Okay, let's see does does the market respond
in an upward movement. It hasn't done anything yet, but
we'll keep keep an eye on it.
Speaker 2 (15:36):
Interesting numbers. Indeed, I had something else.
Speaker 1 (15:41):
In this where did I have I had one more
story of economics?
Speaker 2 (15:46):
Maybe maybe I don't. Maybe I'm just doing some early drinking.
I don't. I don't think that's the case. No, I
talked about the cars.
Speaker 1 (15:55):
I thought this was very interesting as we were talking
about credit card debt. That you know, credit card debt
is getting paid down, but it's still.
Speaker 2 (16:08):
Incredibly high. But car loans are.
Speaker 1 (16:13):
At their highest level in four years in terms of
cars that are underwater. That the average amount owed on
loans was over sixty seven hundred dollars and the average
monthly payment was nine hundred and fifteen bucks, which is
a mind scramble of a number. And these things seem
to be in totally opposite proportion. People are underwater on
(16:37):
their cars, they're paying down debt, but the debt is
still higher than ever, and GDP is three.
Speaker 2 (16:43):
Percent even with tariffs.
Speaker 1 (16:47):
I don't know what to make of this, and I'm
not so sure anybody else has got a good answer either.
The more I'm staring at this GDP number and doing
some reading as we're doing the show, this is crazy.
That's a crazy good number, three percent. Yet inflation's not
under control. So we've got record debt. People are paying
(17:09):
off debt, people are underwater on their vehicles, but they're
spending more.
Speaker 2 (17:12):
For a vehicle.
Speaker 1 (17:13):
We have tariffs, but we have a higher GDP. Sure
sounds great, Oh good gosh. Might spend some time trying
to break this down even more on Tony Katz today
at noon. I am not in tomorrow. I will not
(17:36):
be here. I will not tell you where I will be.
It is super secret. I can't can't can't tell you where,
but I will tell you this. The world is crazy,
but we don't have to be I know it's Wednesday
and we usually do it Thursday, but but we do
what we do. It is the TK Thursday Music Moment
on a Wednesday, brought to you by Kill a Dent Removal,
(17:57):
Kill a Dent Removal. You have got a door daning, right,
somebody ran into you at the supermarket. Someone opened the
door into you, You got hail damage, whatever the case may be,
Kill a Dent Removal will come to you paintless dent removal,
door ding repair, mobile dent repair. Make your hood look
as good as new, make the roof look as good
as new. Those doors that have got the things on them, Boom,
(18:19):
they're out, they're done, and it's all pain free and
it is fantastic. Paintless dent removal from Kill a Dent,
Kill a Dent Removal dot Com. Kill a Dent Removal
dot Com. That's what you called. That's who you go
to to get your car looking good as new. The
world is crazy, but we don't have to be. And
you've heard me say this many times. Everybody is nuts
(18:39):
and everything is nuts, and they try and make us nuts,
and honestly, it's no way to live.
Speaker 2 (18:44):
You gotta take a breath. You gotta take a beat.
You gotta roll down the.
Speaker 1 (18:48):
Window in your car. You gotta turn up the speakers
wherever it is you are. You gotta grab a drink. Hey,
you might work third shift and just gotten home. I
am not here to judge. As long as you're not
in the car. I'm fine with what you're doing. You
know you, you know you, You handle you, and we
take a moment, play some music, clear our head, and
then we.
Speaker 2 (19:08):
Get back to it. It is just that easy.
Speaker 1 (19:12):
So on this music moment, I'm surprised I haven't gotten
into it sooner. Considering the world is crazy and we
don't have to be, I might as well get to it.
It is two thousand and six from the album Saint
Elsewhere NARLS Barkley with Crazy producer Carl Hit It.
Speaker 2 (19:35):
The world is crazy. We should relax every now and again,
and that's what it is.
Speaker 1 (19:40):
The full list of songs for the TK Tony Kats
Thursday Music Moment, even though it's on a Wednesday, is
there at WIBC dot com. You should check it out
for yourself. Huh, Tony Katz ninety three WIBC.
Speaker 2 (19:56):
Good morning, good to be with you.
Speaker 1 (19:58):
It's time to lay America's favorite game. What the heck
is that TV theme song? Here is how we play
our game? Producer Carl picks a television theme song from yesteryear.
I have to guess what it is. I have My
idea is wrong, but I have an idea of what
this is, and I've got a couple of them to
(20:21):
choose from. Actually, but I'll do what I do, and
I will phone a friend, Matt Bear from the WIBC
Traffic Center Matt and Traffic on Twitter X.
Speaker 2 (20:33):
What is this TV theme song? This is love bo Tony.
That's close. That's not it though, That is not close.
I love it though. Okay, that's beautiful.
Speaker 1 (20:46):
I'm I'm vacillating between two and I might not be
right on either one.
Speaker 2 (20:54):
That the chatman, by the way, is of no freaking
help whatsoever.
Speaker 1 (20:58):
None live dreaming there WIBC WBC YouTube Channel ninety three,
WIBC there on YouTube. You should go subscribe and be
a part of that. No help from social media at all.
This is the one with the painter the guy Happy
little Trees.
Speaker 2 (21:15):
This is not the theme to Bob Ross. It totally is.
Speaker 4 (21:18):
Happy little Trees, Happy little Tony, happy little Tonies, happy
little Somebody should paint that Happy somebody should paint a painting,
but instead of Bob Ross trees, it should just be
happy little Tonies.
Speaker 2 (21:30):
That's a Kik shirt you have on. By the way,
I am so thank you, thank you.
Speaker 1 (21:35):
By the way, the level of people who like to
talk about my logo, it's too plain, it's too simple.
Did a toddler make that? Dear lord, everyone's got free time,
go make me a better logo.
Speaker 2 (21:45):
Hey, I know my stuff.
Speaker 4 (21:46):
That logo is perfect, don't you?
Speaker 2 (21:48):
Thank you.
Speaker 1 (21:49):
This is not the theme to New Heart, although this
could very well be the theme to Murder, she wrote,
I don't think it is. This is the theme to
either Hotel. I forgot what I had another one? I
had another guess Total Requests Live. No, there's not the
(22:09):
TRL that's awesome. Oh gosh, now now it's eluding me.
This is the theme to Hotel or this was the
theme too?
Speaker 2 (22:25):
It's not Dynasty. No, no, what was this the theme?
You know what? This is not the theme to nip Tuk.
This is totally nip Tuk. Everyone's ridiculous.
Speaker 4 (22:38):
I can think about getting a LiPo section.
Speaker 2 (22:40):
Do me a favorite Carl, just buzz Matt again, thank you.
Speaker 1 (22:44):
I didn't even guess, well, just getting ready for it.
Speaker 2 (22:49):
God see us side.
Speaker 1 (22:55):
Dang it, it's not the themes hotel.
Speaker 2 (22:59):
What was the other choice? Lord?
Speaker 1 (23:01):
God, it's killing me all right, pretty ser Carl? What
is this the theme to Wings?
Speaker 5 (23:05):
Of course, this is the theme to Wings? According to
YouTube it is. Yeah, huh yeah.
Speaker 1 (23:15):
A couple of people got it on there on the
YouTube livestream on the chat because you know they should
zammed it.
Speaker 2 (23:27):
Just admit that you're a bunch of dirty chat room cheaters.
That's all. I would not have gotten that. I would
not have gotten that at all. Uh.
Speaker 1 (23:37):
The full list of TV theme songs is there at
WIBC dot com.
Speaker 2 (23:43):
Uh, and you can, uh, you could check it out
for yourself.
Speaker 1 (23:45):
And Tony Kats Today at noon we'll dig into more
of this GDP number. Three percent, This is this is insane.
That's a very very good number. And if I'm just
announcing a twenty five percent terrify on India, which I
assume is to try and get them to.
Speaker 2 (24:05):
The table.
Speaker 1 (24:08):
And then a penalty for trade with Russia because India
buys what Russian oil? Okay, well to Russia, maybe you
should have made the deal with Kief. I think that
is basically the argument Pooh a lot to talk about
on Tony Kats today at noon you hear that nationwide.
(24:29):
We just need more people in the nation hearing it.
We're working on it every day. I will be there
at noon.
Speaker 2 (24:35):
I'll catch you then, Ken on case you're up next.
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