Tony Katz and the Morning News Full Show 9-18-25

Fed cuts rates by ¼ point. Jimmy Kimmel suspended indefinitely. Major NYC strip club group bribed state auditor with lap dances, avoided $8M in taxes. Judge orders Columbia activist Mahmoud Khalil to be deported to Algeria or Syria. Splenda acquired by Slimfast. Is Diego Morales running Micah Beckwith's social media? The first Muslim Mayor of Dearborn Michigan telling an American citizen he isn’t welcome in an AMERICAN city. Massive old book collection. Left cries about Kimmel today, but remember when they were cheering Tucker's termination? Four Republicans joined Democrats to protect Ilhan Omar. Jerome Powell lowers rates by 1/4 point. Olive Garden owner Darden Restaurants disappoints on earnings but hikes sales outlook. Huh? Threats by the FCC regarding objectionable content should make conservatives pause

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Episode Transcript

Speaker 1 (00:31):
Let me just say that there's much to say about
Jimmy Kimmel. Let me also say that it is not
the only story in America. The way it has been
perceived and the way it has been shared is oft wrong,
just like Jimmy Kimmel's commentary, and there's a timeline that matters.
But if we're going to cheer rolls from the FCC,

(00:54):
well first we're cheering the concept of the FCC. Tony
Kat WIBC, good morning, Good to be with you.

Speaker 2 (01:03):
We will get to.

Speaker 1 (01:04):
Jimmy Kimmel being removed from the show, and most probably
that show is not coming back. But I heard that
about Police Academy five, and then there was Police Academy six.

Speaker 2 (01:18):
The FED cuts a quarter point, which was not gonna
make anybody happy.

Speaker 1 (01:27):
It wasn't Federal reserve rate cutting a quarter point yesterday
that though they do also project they would do twice
more this year, so that would be a three quarter
point cut by the end of this year. They're clearly
going after a one point cut. A full percent cut. Well,

(01:47):
that's gonna make a difference on a mortgage. That's gonna
make a difference on a whole bunch of things. That's
going to possibly spur on some good capital investment in lending,
get people going again. This is great, It's terrific. This
is wonderful. If the inflation is actually at bay, which

(02:07):
I want and you want, and we all want, gosh
what i'd hope we all want.

Speaker 2 (02:14):
I don't think it is.

Speaker 1 (02:17):
And a quarter point, not a half point, I think
is the Fed playing in this space very openly with
the market. We know what you've built in, we know
what you're saying. There are numbers over here. When we
take a look at the drop down in manufacturing and
other things, we're not buyers. But the GDP is three

(02:39):
point three. But look at the retail spend, look at
all these other things.

Speaker 2 (02:44):
Everything is just happy. It's not.

Speaker 1 (02:49):
It's not just happy. Keep saying it, and it's not doomsday.
It's just honest. The quarter point great, let's find out.
So it's gonna get us to just under four point
one on the UH. On the federal reserve rate, we'll

(03:11):
see things drop down to.

Speaker 2 (03:14):
Six and a quarter.

Speaker 1 (03:17):
We'll see movement, one would assume on the tenure treasury.

Speaker 2 (03:28):
Maybe that's why the Treasury had been going down.

Speaker 1 (03:29):
They anticipated this rate cut coming, but that's that's step
number one, and you might see a full percent before
the end of the year, which might lead some people
to hold off at any level of investment until they
see the lower interest rates.

Speaker 2 (03:49):
That's that's not gonna be fun either.

Speaker 1 (03:52):
I have got everything on the story of what happened
with Jimmy Kimmel, but don't ever get it twisted. Even
if I take a look at the actions of the
FCC and say, dear Lord, what are we actually saying here.

Speaker 2 (04:07):
Jimmy Kimmel was a liar. Jimmy Kimmel is a liar.

Speaker 1 (04:11):
Jimmy Kimmel was a clear actor of the political left
on national television, never once giving an honest assessment of
the story, not just his opinion, an honest assessment of
the story, and as an entertainer failed miserably.

Speaker 2 (04:29):
I'm not going to miss him, but I am going
to discuss what happened.

Speaker 1 (04:33):
Tony Katz, ninety three WIBC, Good Morning. I doubt that
it's surprising to learn that I shed no tear with
the news that Jimmy Kimmel had been pulled from his show.
Whether I think Jimmy Kimmel had talent or not is inconsequential.
Whether I think Jimmy Kimmel was a liar or not,

(04:58):
I absolutely do. Whether I think Jimmy Kimmel was acting
as a de facto paid actor of the Democratic Party
masquerading on network television as an entertainer, I absolutely believe
that to be true. It doesn't mean I'm cool with

(05:18):
the FCC right now, because I'm never cool with wokeism,
never cool with a scold, and most importantly, I don't
get threatened by my government, and I don't want you
to get threatened by your government either. Tony Katz ninety

(05:39):
three WIBC, Good morning, Good to be with you.

Speaker 2 (05:45):
The argument over the Charlie Kirk, It's not a joke.
It was a statement.

Speaker 1 (05:51):
Could be seen, and I think it should be properly
argued as the straw that broke the camel's back.

Speaker 2 (05:56):
It was enough.

Speaker 1 (06:00):
That Jimmy Kimmel, over the years was clearly engaged in
a political slander of Americans to benefit a political party.
Now you say to me, Tony, have you ever heard
yourself on the air? Have I ever represented myself as
anything but? And did I not spend these past few

(06:22):
days lambasting Pam Bondy for her nonsense. Have you never
heard me say I'm not a fan of these tariffs.
If you want to say, have you ever heard your show, Tony?

Speaker 2 (06:37):
You can.

Speaker 1 (06:38):
But the honest person now has to accept that I
I'll speak for myself, clearly can discuss the issues and
say that's right and that's wrong.

Speaker 2 (06:48):
Some people refer to that as calling balls and calling strikes.

Speaker 1 (06:52):
Some people will never admit that this is what we
do here, and we do it in an entertaining and
joyous way. The idea that Jimmy Kimmel it makes more
money than I do still sends me into apoplectic fit.

Speaker 2 (07:06):
But Jimmy Kimmel does not do that.

Speaker 1 (07:11):
Jimmy Kimmel was an attack dog, and Jimmy Kimmel, going
back to conversations around COVID, was clearly getting his talking
points from Chuck Schumer on healthcare, I should say getting
his talking points from Senator Chuck Schumer.

Speaker 2 (07:25):
There is no doubt about this.

Speaker 1 (07:30):
Me I can't seem to have a normal conversation with
the Governor Republican Mike Brown. There's a difference, a massive difference,
and it must be noted the idea that Jimmy Kimmel
is just a comedian. Is not the argument that can

(07:53):
be made, And why I disagree with people like Mike Berbiglia.

Speaker 2 (07:57):
I'll get to that first. What happened to Kimmel.

Speaker 1 (08:02):
What happened to Kimmel is that he made the statement
that the killer, the murderer of the assassin.

Speaker 2 (08:13):
Of Charlie Kirk, was on the political right.

Speaker 1 (08:18):
He said on September fifteenth, and I quote, we hit
some new lows over the weekend with the Maga gang
desperately trying to characterize this kid who murdered Charlie Kirk
as anything other than one of them and doing everything
they can to score political points from it. Well, according
to some, this was the end. They had had enough,

(08:43):
and you get to seeing next Star stating very clearly,
we're done. We are not going to carry this anymore.
Sinclair another massive television group saying suspension of Kimmel isn't enough.

(09:07):
They want the FCC and the and ABC to take additional,
additional actions. Mister Kimmel's remarks were inappropriate, deeply insensitive at
a critical moment for our country. According to Vice chairman
Jason Smith, we believe broadcasters have a responsibility to educate
and elevate respectful, constructive dialogue in our communities. We appreciate
FCC Chairman Car's remarks today, and this incident highlights the

(09:29):
critical need for the FCC, the Federal Communications Commission, to
take immediate regulatory action to address control held over broad
local broadcasters by the big national networks.

Speaker 2 (09:41):
Now, what is it that Brendan.

Speaker 1 (09:43):
Carr, the head of the FCC said. This was him
on the Benny Johnson podcast.

Speaker 3 (09:50):
You know, when you look at the conduct that has
taken place by Jimmy Kimmel, it appears to be some
of the sickest conduct possible. As you've indicated, there are
avenues here for the FCC. So there are some ways
in which I need to be a little bit careful
because we could be called ultimately to be a judge

(10:12):
on some of these claims that come up. But I
don't think this is an isolated incident. I mean, you
go back to Representative Swallwell, he had a tweet out
last week where he was saying that, you know, emphasizing
that Charlie Kirks killer was a straight white male from
a Republican family that voted for Donald Trump. In some quarters,
there's a very concerted effort to try to lie to

(10:32):
the American people about the nature, as you indicate, of
one of the most significant newsworthy public interest acts that we've.

Speaker 2 (10:42):
Seen in a long time.

Speaker 3 (10:44):
And what appears to be an action appears to be
an action by Jimmy Kimmel to play into that narrative
that this was somehow a maga or Republican motivated person.
If that's what I've been here with his conduct, that
is really, really sick. And I've been very clear from
the moment that I have become Chairman of the FCC,

(11:08):
I want.

Speaker 2 (11:08):
To reinvigorate the public interest.

Speaker 3 (11:10):
And what people don't understand is that the broadcasters, and
you've gotten this right, are entirely different than people that
use other forms of communication. They have a license granted
by us at the FCC, and that comes with it
an obligation to operate in the public interest.

Speaker 1 (11:27):
So is Jimmy Kimmel, by making this statement, operating in
the public interest. I think you could split the country
fifty to fifty on that. But what Brendan Carr that
the Chairman of the FCC stated, and I think stated
very clearly in other commentaries, which I will share with

(11:50):
you that I think again Disney needs to see some
change here. But the individual licensations that are taking their content,
it's time for them to step up and say this
garbage to the extent that that's what comes down the
pipe in the future. Isn't something that we think serves
the needs of our local communities. But this sort of
status quo is obviously not acceptable where we are. It

(12:11):
is now taken by many that it was the decision
of the affiliates to start pulling Jimmy Kimmel's show because
of what the FCC Commissioner said, which is seen as
by some the federal government leaning on these stations to
stop carrying Kimmel.

Speaker 2 (12:28):
So ABC would fire Kimmel. That is concerning.

Speaker 1 (12:35):
That's not what I want from government, not what I
want from Brendan.

Speaker 2 (12:40):
Carr, not what I want from the FCC.

Speaker 1 (12:43):
Considering it's me next, I'll take it on a very
personal level there.

Speaker 2 (12:49):
So that's that argument. That's how that argument comes to.

Speaker 1 (12:51):
Be, that this is government intervention, this is the end
of free speech. I put forth to you that Jimmy
Kimmel is not engaged in free spe each at all, because,
as I stated about comic Mike Burbiglia, who is coming
to the aid of of Jimmy Kimmel because he's a

(13:12):
comic and he stands up for comics. I spent a
lot of time in public and private defending comedians I
don't agree with. If you're a comedian and you don't
call out the insanity of pulling Kimmel off the air,
don't bother spouting off about free speech anymore. My response
to Mike bro Bigley is, isn't the counter argument there
that regardless of what anyone thinks about ABC, there's nothing

(13:32):
stopping Kimmel from still telling awful jokes on the road
or on YouTube or another platform.

Speaker 2 (13:38):
Kimmel has n't been stopped from being a comic, just.

Speaker 1 (13:42):
Like if I wasn't at WIBC, I wouldn't be stopped
from being a radio host.

Speaker 2 (13:47):
I would have to find another job.

Speaker 1 (13:50):
There's a very deep conversation here, and we have to
understand every part of it. I'm so old I can
remember the left cheer the deep platforming of those they
disagreed with, and begging the government to do so. Don't

(14:11):
ask me to feel bad for Jimmy Kimmel. I'm just rational.
Enough to know that the statement from Brendan Carr at
the FCC is some real starting gun stuff. Tony Katz
ninety three, WIBC, good morning, good to be with you
live streaming on the YouTube. Where after Brendan Carr, here's this,
I'll be spending the rest of my career.

Speaker 2 (14:34):
YouTube dot comsl's WIBC.

Speaker 1 (14:37):
Honestly, would it be so bad? Would it be so bad?
I have never had the digital success that I've had
in the analog. Right, my radio success far exceeds any
of my digital success ever in the history of my career.

Speaker 2 (14:52):
I could do it. I mean, it's the same question
about syndication. What in the world is it? Just you
turn on a camera, there you go, Tetta.

Speaker 1 (15:01):
Syndicated it It's It's the way it is, Which is
why the whole conversation about Kimmel and silencing it falls flat,
because nothing's gonna stop him. You know what I don't
want to get over my skis I'll get into that.
What we need is a normal, average run of the

(15:23):
mill American story.

Speaker 2 (15:28):
We need the kind of story that makes people say, oh,
those were the.

Speaker 1 (15:32):
Days I don't have all in the family on my uh,
on my sounders. So I can't play that. So if
I could, if I could have played it, I would
have played it.

Speaker 2 (15:41):
But I don't.

Speaker 1 (15:41):
I don't have anything like truly do I have any
true all American kind kind of music. I must have
some truly all American kind of music. Here here I
can play this right here for a good all American story.
If only my computer worked. Hey, you go something all

(16:07):
American for all of us. Basic story, a story we
could all understand. Strip club executives accused of bribing tax
auditor with private dances and other perks.

Speaker 2 (16:28):
That's a lot of dancing to see.

Speaker 1 (16:32):
A company that owns strip clubs around the country has
been charged with bribing a New York official with free
trips to some of the venues and private dances to avoid.

Speaker 2 (16:45):
Paying more than eight million dollars.

Speaker 1 (16:46):
In sales taxes. That, kids, is a lot of lap dances.
And you see, that's just it. Why in the world
you have to give lap dances when you can just
do OnlyFans? You see what's happening the analog to the digital,
Although I will say the analog on when it comes
to lap dances much more fulfilling, you know, Tony, This

(17:11):
whole show has taken a very odd turn, right Now,
was this written by Matt Bear?

Speaker 2 (17:15):
Now, now this is just the story that was out there.

Speaker 1 (17:20):
This group out of Houston gave the auditor thirteen complimentary
trips to Florida. So they flew them out to Florida.
You know, it was first class or private hotels. Meals
five thousand dollars per day for private dances at it's
strip clubs, which would be a total of two dances,
free dances, other dances, food and admission at clubs in

(17:41):
New York. And one of those clubs, PTS Show Club
Indianapolis at seventy nine to sixteen Pendleton Pike.

Speaker 2 (17:52):
We go now to producer Carl to tell us all
about the club. He now, thank you. Here's Carl. I
appreciate that update. That's nuts that.

Speaker 1 (18:06):
You're always gonna have to pay the taxes. You're never
gonna get away with it. Pay the tax Pay the taxes.
You're not smarter, you're not kids. Pay the taxes. Just
the only two pieces of advice Uncle Tony is gonna

(18:27):
give you today.

Speaker 2 (18:29):
Pay the taxes, stay off the pole.

Speaker 1 (18:37):
Turns out I didn't need any help jeopardizing my SCC license.

Speaker 2 (18:39):
Did I Nope.

Speaker 1 (18:43):
Democrats seem very intent on a government shutdown. They're digging
in and they're saying that this is about Obamacare. It's
about Obamacare. Did we go back in time and no
one told me to cats ninety three WIBC, Good morning,
Good be with you.

Speaker 2 (19:03):
You know you could text me.

Speaker 1 (19:05):
You could text WIBC to two three nine ninety three
ninety three three one seven nine ninety three ninety three.

Speaker 2 (19:11):
You could text that and then.

Speaker 1 (19:12):
The next thing you know, boom, we're talking, we're chatting,
we're hanging out.

Speaker 2 (19:16):
It's super groovy. Give the text be a part of
the show.

Speaker 1 (19:21):
There is an effort to undermine healthcare for all Americans.
According to Senator Jean Shaheen, Democrat of New Hampshire and
Mazie Herona wants you to know that those wascally Republicans,
they are not putting healthcare as a priority for our
American families.

Speaker 2 (19:40):
What is the issue? A spending bill.

Speaker 1 (19:46):
That does what not cover Obamacare? With all due respect,
Americans don't follow this conversation. They don't follow the argument.
Here's what they follow. You guys can't get us a budget.
You guys can't keep the government open for three years.

(20:06):
For those people who think that somehow government can run
bodegas or healthcare or should be responsible for deciding what
the maximum amounts.

Speaker 2 (20:17):
Of rent is that you can charge.

Speaker 1 (20:19):
You guys can't run anything, and you think I'm just
talking about you. Government cannot run anything. They've managed to
figure out the part of the military, and I'm thankful
for that. Everything else miserable. Don't do it, don't touch it.
You're simply not qualified. Oh I'm gonna need that from

(20:40):
Monty Python. Yeah, we're gonna that's gonna have to go
into the hopper. It's gonna be another short term spending
bill that's going to take place. It seems that this
is all we know how to do. Democrats want uh

(21:01):
more tax credits to lower health care costs for families
with average annual incomes less than four hundred percent of
the poverty level. Hey, let's just throw a number here.
Let's throw a number there. This is basically where we're at.
But if we're talking about, hey, let's get people more
tax credits, well, I believe in given tax credits all

(21:22):
over the place.

Speaker 2 (21:23):
Why not just do tax cuts that's far more enjoyable.

Speaker 1 (21:29):
But if Democrats want to shut down the government, Okay,
shut down the government.

Speaker 2 (21:34):
We've been through this, We've seen it all.

Speaker 1 (21:37):
It works out a second before, or the government shuts
down for eight days, all right. I'd like to see
some of these people shut up for eight days.

Speaker 2 (21:47):
But you know, a boy can dream.

Speaker 1 (21:50):
Then there is the immigration judge who has ordered Mockwood
Khalil to be deported. Mockwood Caliel is the jew hating
Hamas supporting a student from Colombia leading all the protests there.

(22:11):
And then I thought he was going to be a
deported because he's a lawful permanent resident but not a
citizen of the United States. And then he was released
by another judge and he's out of jail. Oh, I'm
not afraid of you, Donald Trump. This is not someone
who represents what America can be or should be.

Speaker 2 (22:33):
We're not talking about disagreement with the government.

Speaker 1 (22:34):
We're talking about hatred for Western civilization, hatred for the government.
And yes, we can decide, you don't get to be
one of us.

Speaker 2 (22:42):
You know what this place isn't for you.

Speaker 1 (22:46):
Well, this judge out of Louisiana, Jamie Coman com a
NS this says, deported to Syria or Algeria.

Speaker 2 (22:57):
You guys can decide. It's funny.

Speaker 1 (23:01):
When I first saw this story and I think I
wrote it this way on my show sheet, I'll fix it.
I thought this was about kil Mar Abrego, Garcia, no
Maku Khalil. So you've got one judge saying you can't
deport him, another judge saying, oh, you have to deport him.

Speaker 2 (23:18):
Let that fight begin. But the idea that people who are.

Speaker 1 (23:21):
Not citizens have these rights of citizens, and the citizen
somehow has to be subjected to the abuses.

Speaker 2 (23:29):
It's very odd.

Speaker 1 (23:31):
I don't mind the United States being selective, and who
becomes an American? Give us you're tired, you're poor, you'r
huddled masses yearning to breathe free. First, the new Colossus,
the poem at the foot of the Statue of Liberty
is not policy. And secondly, whatever within that poem said,
oh yeah, and let's not take the people who hate
us and want to destroy us. How else can we

(23:52):
take the tire, the poor, the huddled masses yearning to
breathe free?

Speaker 2 (24:00):
Be a little selective.

Speaker 1 (24:02):
Let's take people who actually want to be here and
don't want to destroy it.

Speaker 2 (24:05):
We don't need Mockwoo Khalil.

Speaker 4 (24:08):
Maybe there's somebody else we do need.

Speaker 1 (24:26):
Splenda bought slim Fast because they think you're really fat.
Tony Katz ninety three WIBC, Good morning.

Speaker 2 (24:36):
What is going on? Live streaming on the YouTube?

Speaker 1 (24:39):
You can check that out for yourself YouTube dot com,
slash WIBC. Heartland Foods based in Carmel. They manufacture Splendor.
By the way, I know they sponsor indie car teams,
but I think I would be a spectacular spokesman for
Splenda Imagical.

Speaker 2 (24:55):
What I'd look like if I used sugar Splenda kind
of hell helps Honestly, that ad campaign would work. I
don't know what.

Speaker 1 (25:06):
Carl, you're my manager, Get on that, make a phone call,
get it done. Slim Fast the meal replacement people. They
found it in nineteen seventy seven. They got acquired by
Unilevers say people about Ben and Jerry's for two point three.

Speaker 2 (25:23):
Billion in two thousand.

Speaker 1 (25:26):
Then well things went south and it was purchased in
twenty eighteen for only three hundred and fifty million.

Speaker 2 (25:35):
That's called taking a lost kids and then has had
a lot of other issues.

Speaker 1 (25:44):
So now acquired by the people who do Splenda Heartland
Food Products. It's still a name. Let's see what you
can make of it. And again, fantastic spokesperson for Splenda.
You know I love a good cup of joe. You
know what makes it better?

Speaker 2 (26:04):
Splendor? Mm splendor? Is that su gratuitous? Producer? Carl? Was
that right on? Was I solid? There? Is that? You
were right on? Thank you? Thank you manager Carl.

Speaker 1 (26:18):
By the way, get in touch with Carl Showbiz and
he will take care of all of the fine details.

Speaker 2 (26:23):
Splendor. Mm delicious. Now I'm just cribbing from Chappelle. That's
that's wrong. That's not gonna work. My my goodness.

Speaker 1 (26:32):
Gracious then, and I'm I'm not picking on the man.
I am not picking on the man. I'm trying to
understand what in the world am I looking at here?
There was a post yesterday from Micah Beckwith to Lieutenant
Governor and he was at the Jerusalem Prayer Breakfast that

(26:57):
I was at, and he was the host of the
Jerusalem Prayer Breakfast and uh never said hello, never said hello.
Maybe maybe he didn't see me, because as you know,
I'm a I'm a guy that can be easily missed
in a crowd. Again, splenda when you don't want people
to see you mixed in with a bunch of other

(27:18):
people splenda. Uh so, uh, maybe there's some tension, maybe
there isn't.

Speaker 2 (27:26):
That's up to him. He can call in anytime the
Lieutenant governor put out a post.

Speaker 1 (27:33):
It's one thing to disagree politically, it's another thing to
entirely to mock or make light of the death of
a husband, father, and courageous Christian leader like Charlie Kirk.
And he proceeds to have a conversation about a guy
by the name of Paul Green, a council member in
Evansville City at this guy sits on at the Airport

(27:54):
Authority Board, Election Disavener's Board Commission on Homelessness, owns a restaurant.
When a man who profits from community business and holds
power over public boards openly mocks tragedy and people of faith,
it reveals a dangerous double standard.

Speaker 2 (28:10):
And he posted a.

Speaker 1 (28:13):
Meme that this guy allegedly reposted that said, well, this
is awkward, sorry little Charlie Blank all Republicans and it
is a crying Charlie Kirk next to an image of Jesus,
but Jesus as a black man of course, the idea
that Charlie Kirk was racist when that's not true and

(28:36):
this is an obscene things, is vile, and I agree.

Speaker 2 (28:41):
The Lieutenant Governor wrote his own Instagram account.

Speaker 1 (28:43):
He shares the Instagram account with a link shows exactly
the kind of content and commentary that raises these concerns.

Speaker 2 (28:50):
Hoosiers deserve leaders who.

Speaker 1 (28:52):
Respect life, defend families, and honor freedom, not ones who
mock thelittle and divide.

Speaker 2 (28:56):
I clicked on the Instagram feed. What am I looking
at here?

Speaker 1 (29:00):
And I scrolled back to twenty eighteen, and aside from
this guy being pro union, I didn't find anything that
was Oh my gosh, how shocking, and so may I'm
asking the question out loud is what is this?

Speaker 2 (29:22):
Why did you post this? Is this?

Speaker 1 (29:26):
Is this the right Instagram account where photos deleted? But
don't I don't know what we're looking at here, and
I do not know why it is that lieutenant Lieutenant
governor posted this, because if I was this guy, and
I'm not this guy, if this was me that he
posted about, this is defamation. Now, maybe something got wrong,

(29:53):
maybe something got deleted, and therefore he had an argument,
and this person went about changing things right, that's absolutely possible.
But I was like, this is kinda nutty because I
went and looked him, like, I don't I don't even
have proof that he posted this this this meme here
about Charlie Kirk. Although he could have reposted something I

(30:14):
didn't see it. That's absolutely possible. So I'd love an answer,
But I'd also like an answer to the following producer
carl and Matt par if you can help me with.

Speaker 2 (30:24):
This or not, maybe you want to stay out of it.

Speaker 1 (30:27):
At the end of the Lieutenant Governor's post, at the
end of the post, he's got two hashtags. One hashtag
says conservative I n okay sure. The other hashtag you
know on social media post you have hashtags? It reads

(30:49):
bold beckwith? Did did the Lieutenant Governor just give himself
a nickname? Tell me that Lieutenant Governor Micah Beckw has
nicknamed himself via hashtag bold beckwith? And now tell me

(31:13):
how Diego Morales isn't running his social media account?

Speaker 2 (31:15):
Go on, tell me.

Speaker 1 (31:20):
In the history of ever, has anybody ever referred to
Michael Beckwith as hashtag bold beckw bold Beckw I might
be more egregious than the whole conversation he's having. But
I'd love to know why he wrote this when I
don't see the issue, although someone could have deleted things

(31:42):
that someone has more answers Tony and Tonicots dot com
or call in Lieutenant Governor and.

Speaker 2 (31:46):
Let me know.

Speaker 1 (31:47):
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(33:12):
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Speaker 2 (33:16):
The story you need to hear to believe.

Speaker 1 (33:18):
Then grab your popcorn because there is more.

Speaker 2 (33:25):
I did want to get to.

Speaker 1 (33:27):
The whole Costco wine is exploding thing, uh and I
will uh.

Speaker 2 (33:34):
The President is in London, I should.

Speaker 1 (33:40):
Say, in the in the UK, and he was meeting
with King Charles and they had the state dinner.

Speaker 2 (33:50):
He's gonna be uh meeting with uh Keir Starmer.

Speaker 1 (33:54):
There's a press conference that they're scheduled to have a
little bit later today, I will grab that and bring
it to you on Tony Katz.

Speaker 2 (34:02):
Today and the President.

Speaker 1 (34:05):
Spoke in glowing terms of the UK and the concept
of values.

Speaker 5 (34:12):
We're joined by history and faith, by love and language,
and by transcendent ties of culture, tradition, ancestry, and destiny.
We're like two notes in one court, or two verses
of the same poem, each beautiful on its.

Speaker 2 (34:30):
Own, but really meant to be played together.

Speaker 5 (34:34):
The bond of kinship and identity between America and the
United Kingdom is priceless and eternal. It's irreplaceable and unbreakable.
And we are as a country, as you're now, doing
unbelievably well. We had a very sick country one year
ago and today I believe were the hottest country anywhere

(34:57):
in the world. In fact, nobody's even questioning it. But
we owe so much of that to you and the
footing that you gave us when we started together. We've
done more good for humanity than any two countries in
all of history.

Speaker 2 (35:11):
Together.

Speaker 5 (35:12):
We must defend the exceptional heritage that makes us who
we are, and we must continue to stand for the
values and the people of the English speaking world.

Speaker 2 (35:23):
And we do indeed stand for that on behalf of
all Americans.

Speaker 5 (35:27):
I offer a toast to one of the great friendships,
to two great countries, and to his Majesty King Charles
the Third, a very very special man and also a
very very special queen. Thank you very much, Thank you,
thank you very much. It's great honor to be with you.

Speaker 1 (35:49):
It's an interesting use of words, and not one that
I disagree with. We must continue to stand for the
values and people of the English speaking world. I think
that some will take that as you mean Christian world.
I took that, and maybe I'm reading in I take

(36:14):
that as non Muslim world. I take that as a
statement made in front of the King regarding the Islamist takeover.
We can argue differences between Muslims and Islamists that I'm
more than happy to do so, stating as I do

(36:35):
that there is indeed a difference, But we cannot deny
that the UK has this massive, awful, terrible, horrible problem
because of its insane immigration policies where Islamists have taken
over and it is a threat to the entirety of
British society.

Speaker 2 (36:52):
Never mind the globe.

Speaker 1 (36:57):
That is an interesting, interesting statement, and I shared with
you yesterday, this mayor out of Dearborn speaking to a resident.

Speaker 2 (37:09):
This is Dearborn, Michigan. If you didn't hear it, hear
it again.

Speaker 6 (37:13):
I mean, has Bulla, you know, bombed the embassy in
Bay Routes and including many Americans.

Speaker 2 (37:21):
So I just feel that it's quite inappropriate.

Speaker 7 (37:23):
You're an islamophobe, and although you live here, I want
you to know, as a mayor, you're not welcome here.
And the day you move out of the city, well
with the day that I launched a parade celebrating the
fact that you moved out of the city, because you
are not somebody who believes in coexistence.

Speaker 1 (37:38):
Now, that was an edited piece from a Fox local
affiliate there, so it's possible we don't have some full
level of context. But you don't belong in the city.
You're an islamophobe. This is a mayor who needs to
be removed, gone, gone. Now someone's going to tell me
that I'm anti Muslim, and my answer is kiss off.

Speaker 2 (38:02):
This guy isn't allowed to speak. You're the elected official.
Take it. What's wrong with you?

Speaker 1 (38:10):
We're now going to sit here and protect or defend
or somehow exalt Hesbalah to Harris organization.

Speaker 2 (38:19):
Who in the bloody world would want to be associated
with it?

Speaker 1 (38:22):
You can argue, Tony, that is a clip from a
local news outlet there in Michigan, and we don't have
the full context.

Speaker 2 (38:29):
I will agree with you.

Speaker 1 (38:31):
But the mayor said. What the mayor said you are
calling so many disagrees.

Speaker 2 (38:37):
With so I just feel that it's quite inappropriate.

Speaker 7 (38:40):
You are an islamophobe, and although you live here, I
want you to know, as a mayor, you're not welcome here.

Speaker 1 (38:49):
There's a real concern about these cities and exactly under
what laws will they engage.

Speaker 2 (38:59):
The United States?

Speaker 1 (39:00):
An Article four, section four of the Constitution promises a
republic form of government, and I do not believe that
can be denied. This is concerning. This is gross and
in many ways more gross than anything Jimmy Kimmel said,
and he has said some gross lies. I think we

(39:21):
should all be talking about this, including the President. Today
on the marketplace, you say you love books, but do
you do you really, really really love books? I mean
really Tony Katz, ninety three WIBC, Good morning, during downtime,

(39:42):
I'm clearing I had I'm getting ready forwards next on
the show, I find myself on Facebook marketplace. Cool stuff,
O stup, weird stuff, strange stuff, so much stuff on
the marketplace. I share it with you and uh and
the marketplace brought to you by Indiana Unclaimed dot Gov.
It's your cash, Go get it Indiana Unclaimed dot gov.
It's just waiting for you. Text my name Tony to

(40:02):
four six two two zero. Text Tony to four six
two two zero to get started fast, easy, free, go
get your cash. You could see Matt Bear on the
live stream there on YouTube. He's go ahead, flex for
the people. Matt Bear, go ahead, go ahead. It's just
very weird and pretty sure. Carl is there as well.
He will not be flexing, but he will look at

(40:23):
you with his smoky eye.

Speaker 8 (40:25):
Have you seen Carl's T shirt? It says his piece
of place.

Speaker 2 (40:28):
Is it?

Speaker 1 (40:29):
Does it?

Speaker 8 (40:29):
Oh, it's awesome. It's so cool man, so cool.

Speaker 1 (40:33):
I really can't see it from here. Look at that,
look at that. But you did an excellent job flexing,
and Matt Bear, who is well done.

Speaker 2 (40:40):
Well played. Matt. Do you like books?

Speaker 8 (40:41):
Oh? I love books?

Speaker 2 (40:43):
But do you really like books?

Speaker 8 (40:44):
They're great to set things on and oh, it's fantastic.

Speaker 2 (40:47):
Maybe level of coffee table. Nah.

Speaker 8 (40:49):
Yeah, that's it's a great idea by Orde.

Speaker 2 (40:51):
For bad You should actually read what's inside. You know,
there's stuff inside the cover.

Speaker 8 (40:55):
There's no pictures.

Speaker 2 (40:56):
You know, well reading the wrong books.

Speaker 1 (41:00):
Someone is selling after thirty years of collecting quality older books,
they are selling all of their books and they're also
doing in home appointments for browsing.

Speaker 2 (41:11):
But you can.

Speaker 1 (41:12):
Buy the entire massive old book collection for twenty thousand dollars.

Speaker 2 (41:21):
It was thirty thousand dollars and.

Speaker 1 (41:23):
According to them, it's estimated to be over fifty thousand
dollars in value.

Speaker 2 (41:28):
This is a bargain, Matt Bear.

Speaker 8 (41:30):
It's a pretty good deal. I was really because I.

Speaker 9 (41:32):
Do like books. I like books very much. And it's
a large assortment. Looks like we have a little fiction here,
and then like in the third shelf from the top
is the big Tim Tebow book right there. Baby, you
get the Tim Tebow book and all this other stuff
for twenty thousand dollars.

Speaker 8 (41:49):
It's old.

Speaker 10 (41:49):
No.

Speaker 2 (41:50):
I put up a bunch of pictures, which one has
the Tim Tebow.

Speaker 9 (41:53):
It's the very first one. It's on the second from
the bottom shelf. Kind of like towards you.

Speaker 1 (41:58):
Oh there it is the big tim Tibo book. Oh
and Heidi is there, Geronimo highty Fly. I don't know
it's Heidi Flies or not the nice pole who excellent
pol I think the best is I think it's the
third photo that I have posted.

Speaker 2 (42:12):
This book collection is so rare and so important.

Speaker 1 (42:15):
That they set their coffee mug and their almost fully
completed water bottle plastic water bottle right there next to
the books.

Speaker 2 (42:23):
In the photo. And don't forget the lighter on the
top shelf.

Speaker 8 (42:27):
It's so rare.

Speaker 9 (42:28):
It has the Encyclopedia Britannica.

Speaker 2 (42:30):
Is that what that?

Speaker 7 (42:31):
I mean?

Speaker 2 (42:31):
It's bunge of saying gray.

Speaker 9 (42:34):
Are their dictionaries in here? We don't use those anymore,
We don't want those.

Speaker 1 (42:38):
No. I don't know Tho's dictionaries or encyclopedias. What I
know is is that I want this person to be
able to sell their books and be successful. Even I
have to say, come on, come on, twenty thousand dollars.

Speaker 9 (42:57):
I'm still lost back on the fact that this is
a beautiful book collection, and why are you selling it?

Speaker 8 (43:01):
Why wouldn't you give it to your kids or grandkids
or donating.

Speaker 1 (43:04):
Maybe there are no kids or grandkids to give it to.
Maybe everybody's doing everything online. Maybe they need the money.
What are you judging for.

Speaker 8 (43:10):
I don't need this guilt trip.

Speaker 9 (43:11):
I'm just saying you could donate, maybe to the Salvation
Army or maybe to the library.

Speaker 2 (43:16):
Maybe they need the money.

Speaker 8 (43:19):
We all need the money.

Speaker 2 (43:20):
Why is this all about donation?

Speaker 8 (43:22):
I'm sorry.

Speaker 1 (43:22):
Why can't you got to take care of yourself, put
on your own oxygen mask before assisting the person next
to you.

Speaker 9 (43:27):
A single used book costs forty dollars right now because
of teriffs.

Speaker 8 (43:30):
That's what I'm told.

Speaker 1 (43:32):
Right I don't think we should get on this person's
case for wanting to sell the books. I just think
trying to sell them for twenty thousand dollars is criminally insane.

Speaker 9 (43:41):
I mean, you can buy a small car for twenty
thousand dollars and then you can drive anywhere you drive
your library.

Speaker 8 (43:48):
Then you know and read all these books.

Speaker 9 (43:51):
I like the idea books are cool and reading's cool,
But I just don't understand what's happening here at all
as far as selling it.

Speaker 1 (43:59):
If you have a up old collectibles, sell those books
as collectibles. Everything else is not going to get twenty
thousand dollars. No one has been honest with you, dear seller.
They have to be honest with you.

Speaker 2 (44:09):
Stop.

Speaker 8 (44:10):
This started like an old fashioned nudy book in here somewhere?

Speaker 1 (44:13):
Is there an old fashioned nudy book in there somewhere?

Speaker 9 (44:17):
Thank you girl, just like a page tournament or something.
My grandpa found an old fashion nudy book. And we
were remodeling my house, my boyhood house on Monroe Street
in Rochester, Indiana. We were demoing the whole basement and
he found this nudy book. I can't say the name
of it on the air, but you flipped through it
in mad It was sultry. It was I mean, for
a fourteen year old boy, it's pretty cool. I'm not

(44:38):
gonna lie, but it was. It was total nudy book.

Speaker 2 (44:44):
Dear children going to school.

Speaker 8 (44:46):
I didn't say the name of the book.

Speaker 2 (44:48):
Matt Bear, You've done enough.

Speaker 8 (44:50):
It's called Mommy's Way.

Speaker 2 (44:51):
Matt Bear.

Speaker 8 (44:52):
Sorry.

Speaker 1 (44:54):
I would like to take this time to apologize to
you and your parents for what said just moments ago.

Speaker 2 (45:03):
It's bad enough that.

Speaker 1 (45:05):
You had to hear him say repeatedly nudie book, but.

Speaker 2 (45:10):
Now your parents are going to have to answer the question, Hey, mom,
what's a nudie book?

Speaker 1 (45:20):
This was a terrible disservice that you would normally hear
on Hammer and Nigel. We apologize for the transgression. Matt
Bear got his times crossed. Don't worry, he will be
severely beaten.

Speaker 2 (45:33):
It was also.

Speaker 1 (45:35):
He will not actually be severely beaten. If I Matt Bear,
don't interrupt me.

Speaker 2 (45:42):
I'm talking. Sorry, we can dream. Just stepped all over
my bed. Just you know what this is. I'm starting
to think that this is not working anymore.

Speaker 8 (45:52):
I don't hell are you talking about? It's of course,
it's not.

Speaker 1 (45:57):
Just trying to help the kids there now they are
now gonna be that's gonna be in their heads.

Speaker 8 (46:03):
It's such a page turner.

Speaker 2 (46:04):
I mean, what a dinner conversation tonight.

Speaker 9 (46:07):
You could move You could move through this book quicker
than anything shel Silverstein ever wrote down.

Speaker 1 (46:12):
Find everything over WIBC dot com. All the marketplace finds
are there. I thought we had to turn down the heat.
I thought we had to lower the temperature. I thought
we had to find ways to come together.

Speaker 2 (46:27):
That has not.

Speaker 1 (46:29):
Been the response of the political left after the assassination
of Charlie Kirk. It has been the response in terms
of statements from some, but there's no interest in turning
it down.

Speaker 2 (46:42):
Why would we lie to ourselves?

Speaker 1 (46:44):
The only way out is through you heard it here first?
What do you want from me? Tony Kents ninety three WIBC,
Good Morning. Turns out you hear a lot of things
here first. We are that far ahead of everybody else.
And it's not because we're smarterer, although we very well made.
It's because we're more honest about what it is we're seeing.
I shed no tear for Jimmy Kimo losing his show.

(47:10):
I will not listen to the political left say how
dare you cancel him?

Speaker 2 (47:16):
This is outrageous, This is an attack on free speech
and we shouldn't be cheering this.

Speaker 1 (47:23):
Allow me to bring you Representative Accosio Cortes after the
firing of Tucker Carlson.

Speaker 6 (47:31):
Tucker Carlson is out at Fox News. Couldn't have happened
to a better guy. What I will say, though, is well,
I'm very glad that the person that is arguably responsible
for the some of the largest driving some of the

(47:53):
most amounts of death threats and violent threats, not just
to my office, but to plenty of people across the country.
I also kind of feel like I'm waiting for the
cut scene at the end of a Marvel movie, after
all the credits have rolled and then you see like
the villains like hand.

Speaker 10 (48:12):
Re emerge out to grip over like the end of
a building or something. But deeplatforming works and it is important,
and there you go, good things can happen.

Speaker 2 (48:28):
So deeplatforming is important.

Speaker 1 (48:30):
I want to know if it still is. Is it
still important representative Acasi Cortes or is it only important
when it happens to people on the political right. Don't
tell me about toning things down. Yes, this was a
couple of years ago, but here we are the assassination
of Charlie Kirk, the attempted assassination of President Trump, and

(48:52):
Randy Weingarten from the American Federation of Teachers, that absolutely
awful union Head has a new book coming out, Why
Fascists Fear Teachers, Public Education, and the Future of Democracy,
and she refers to Conservatives as fascists and compares Republicans
to Nazis. Guys, pull your kids out of school if

(49:17):
you feel that that's the thing to do. Break these
schools break them into I will tell you my kids
went through public education and it was good and it worked,
and they never once experienced this madness.

Speaker 2 (49:30):
Now, maybe they didn't because they're my kids.

Speaker 1 (49:32):
Maybe they didn't because they just weren't smart enough to
see it, or maybe they didn't because possibly it wasn't
at this school.

Speaker 2 (49:37):
But is it out there?

Speaker 1 (49:38):
Absolutely, And with people like Randy Weingarten leading the charge for.

Speaker 2 (49:42):
These unions, of course it's there. The unions need to
be broken, gone out of existence. You want to talk
about Jimmy Kimmel, it should he be on ABC? My
answer would be no.

Speaker 1 (49:54):
But there's no question that ABC could hire someone like
Jimmy Kimmel. We cannot hire union run by people like
Grandy Wingarten. And I'd like to get a little bit
of focus in here. We could do two things at
the same time. But holy heck, it's time for the
unions to go and for all those teachers like unions
are good, No, they're not. You're wrong. You need to
be broken. We're the parents, we're society.

Speaker 2 (50:16):
We're in charge. We need to win.

Speaker 1 (50:19):
You are run by people who want to call people
she disagrees with fascists.

Speaker 2 (50:24):
It's not fascist.

Speaker 1 (50:26):
To keep your kid from being taught ideological insanity, it's
called parenting, and I think more people should give it
a try.

Speaker 2 (50:46):
No censure for Ilhano Mar. I think that's a shame.

Speaker 1 (50:53):
I think that there's never a moment where we shouldn't
be reminded of what this bigot has said and say
this is just not what we do. Tony Katz ninety
three WIBC, Good Morning.

Speaker 3 (51:06):
Her.

Speaker 2 (51:07):
Was sheated to leave?

Speaker 4 (51:09):
Oh?

Speaker 2 (51:09):
Tony, so you are going after Muslim members.

Speaker 1 (51:12):
No, I just noticed what they say, how they act,
how they engage, and say, my gosh, that's not valuable
because it's not. It was a measure led by Representative
Nancy Mace to Center iljan O Mar for statements made
about Charlie Kirk.

Speaker 2 (51:32):
And you had, I.

Speaker 1 (51:33):
Think four Republicans vote against this, so it did not cracross.
I think you needed two hundred and seventeen or two
hundred and eighteen votes to eighteen would be needed for this,
and therefore it did not pass. Corey Mills of Florida,
Jeff Heard of Colorado, Tom McClintock of California, Mike Flood
of Nebraska voting against the Center.

Speaker 2 (51:53):
The argument from McLintock is, yeah.

Speaker 1 (51:54):
She's terrible, but you can say terrible things tell the
people in Minnesota not to vote for, which is I
think exactly what we should do.

Speaker 2 (52:02):
Stop voting for. Also, Indianapolis, stop voting for Andre Carson.

Speaker 1 (52:07):
And the way this is done is that you actually
put effort into selecting candidates and then campaigning for candidates.
And the Republican Party of Indiana has to actually go
about campaigning in the seventh District and knock on every
single door.

Speaker 2 (52:22):
If you want to rely.

Speaker 1 (52:23):
On redistricting, which I believe the special session needs to happen,
should happen, this should be voted for. That's fine and good,
but you can't decide we don't work for every vote everywhere.

Speaker 2 (52:33):
You have to go knock on doors. Don't tell me
you don't have the money.

Speaker 1 (52:36):
That was the argument made a couple of years ago
from then head of the GOP, Kyle Hopfern.

Speaker 2 (52:41):
He was wrong.

Speaker 1 (52:42):
He was absolutely wrong. He will never once be right
about that subject. I've seen him quite a few times since.
He's still wrong. You have to fight every fight. You
have to knock that every door, you have to fight
for every vote, you have to explain why your position
is better.

Speaker 2 (52:57):
You have to convince, you.

Speaker 1 (52:58):
Have to persuade, and you have to stay at it
and on it, and the people of her district of Minnesota,
every door has to be knocked, one.

Speaker 2 (53:10):
Every door.

Speaker 1 (53:10):
I'm don no, we're voting for her because she's somillion. Yeah,
but she doesn't give a damn about you. Your life
sucks with her policies in practice, and go right at them,
don't stop, don't quit.

Speaker 2 (53:24):
I'd like to see more of that.

Speaker 1 (53:27):
Also, she is a bigot based on her own words,
So I have no problem with the censure.

Speaker 2 (53:37):
Oh don't worry.

Speaker 1 (53:37):
If it's not today, she'll say something else that will
require it tomorrow.

Speaker 2 (53:42):
For sure.

Speaker 1 (53:43):
The Fed drops the rate a quarter point. What does
it mean for all of us? You've got a doctor
Matt will from the University of Indianapolis coming up.

Speaker 2 (53:52):
Keep it here. I'm Tony Katz. This is Tony. This
isn't Tony kats today it's ninety three WIBC. I forgot
where I was. Good morning.

Speaker 1 (54:01):
You've got the rates lowered a quarter point, gonna make
the markets happy. One would assume they were up yesterday.
They're up over two hundred in the pre market on
the down on the NASDAK.

Speaker 2 (54:14):
But if you're lowering.

Speaker 1 (54:17):
The rate a quarter point the federal funds rate, you're
saying the inflation is done, it's complete, it's settled in.

Speaker 2 (54:27):
Well that's not true. This economy is weird.

Speaker 1 (54:31):
Tony Katz ninety three WIBC, Good morning, Good to be
with you. Doctor mattwill joins as economist at the University
of Indianapolis.

Speaker 2 (54:39):
The pressure to cut was absolutely massive.

Speaker 1 (54:42):
The three point three percent of GDP, the retail sales
of being up what we saw just for some more
recent information about producer price index stuff.

Speaker 2 (54:52):
But the inflation still exists.

Speaker 1 (54:55):
So talk to me about the rationale and the reasoning
behind this quarter point cut.

Speaker 11 (55:01):
Well, well, the rational was pretty simple. It was one
hundred percent politics. There was so much pressure on him
to do this. I mean even the new FED chairman,
you know, Steven Maron, he was pushing for even a
bigger cut. The other FED representatives, they were pushing for cuts.
The President was you know, people on Wall Street, they
love their low rate drug and he had no choice.

(55:24):
This was really a political he know, he had some
backbone for a couple of months, and now he's caved.
And he's not even lost his backbone. Now he's making
bad decisions across the board. So this was just an
embarrassing decision. He could have done a bigger rate cut
with some combined with some other decisions, or he could
have done no rate cut to fight inflation. This guy

(55:45):
doesn't know what he's doing. Jerome Poalll needs to go.

Speaker 2 (55:49):
Well.

Speaker 1 (55:50):
I don't think you're gonna get disagreement from people like
say President Trump. But the quarter point conversation doesn't seem
like it's anything that makes anybody happy. It's not making
markets happy, doesn't make main Street happy, is certainly not
politically is it going to make anybody happy? The new
FED chair, not the FED chair, new member of the

(56:11):
Federal Reserve Miron wanted the half point. Everybody else was
agreed on the quarter point as we saw the results
of the vote. So why not go the step to
the half point and say, all right, you want to
let it ride, let it ride.

Speaker 11 (56:27):
Well, he made a very specific statement in the statement.
Jerme pal said he called it risk management. And because
he was nervous about okay, job stink at the moment,
and we've seen the job data. I mean, it's just
it's embarrassing how bad the job numbers are at the moment,
and then we still have this is very high inflation,
four point eight percent. Remember I'm the take the current month,

(56:48):
multiply by twelve guy, and last month zero point four percent.
That's four point eight for the year. This is a
massive increase in inflation. So he is in a no
win situation. He wants to create jobs and he wants
to control inflation, so he would he'd had nothing. He
didn't know what to do. But that's part of the
problem here. They have two mandates to create jobs and

(57:11):
reduce inflation. Those are contradictory mandates. They can the government
can't create jobs. This has got to stop, and they
need to focus only on inflation. The job part of
it is bogus.

Speaker 1 (57:24):
Talking to doctor Matt Will, economists at the University of Indianapolis,
this brings us to the idea of inflation. I have
not seen anything that proves to me that inflation is
down in any way enough to cut rates. I know
people want it, and I get their point. I get
their argument. I'm willing to see what happens. But the

(57:45):
math tells me that if the inflation is not down
that cutting rates puts more cash into a system and
the inflation persists. Are we about to see an upgrade
in inflation?

Speaker 11 (57:59):
Yes, you know, I'm You always asked me to predict
and I refuse, but I'm predicting on this and it's
not just a prediction. The CPI was outrage just the
ism inflation was outrage just the core PCE was outrageous. No,
and inflation is here and it's very strong. The economy
is still growing though. You know, this is where Trump
deserved a lot of credit. And the economy is three

(58:21):
point three percent up. But it's starting to be AI
driven again. You know you mentioned the market is up
this morning. It is up this morning, but it has
nothing to do with the rate cuts. When the rate
cuts were announced, the market state exactly flat. In fact,
it was the S and P went down and the
Dow Jones went up. There was nothing that impacted the
market from the rate cuts because it was as expected.

(58:43):
What's driving the market now is AI. Micron capital expenditures,
broad coom ten billion in new orders, and Vidia announced
are investing in Intel.

Speaker 2 (58:52):
Oh so wait, you're don't steal on my thunder in video.

Speaker 1 (58:56):
The chip maker is investing five billion in Intel after
the United States takes a ten percent stake in Intel,
which I vehemently oppose. But there's a real interesting question
about in Vidia because that's been one of the stocks.
You know, we talked about last year and how the
market did and there are basically these seven stocks AI stocks.

Speaker 2 (59:13):
That lifted the rest of the market.

Speaker 1 (59:15):
In Video was one of those, as you discussed on
Tony kats today very often talking to doctor Matt Will,
economist at the University of Indianapolis, Dr Matt Will on
the Twitter X find him there. Then we hear that
China is saying, don't buy in Vidia chips, don't engage
within Vidia. We don't want Chinese companies doing anything within Vidia.

(59:36):
But you already had the allowance from the Trump administration
for in Nvidia tossault chips in China, to which China
would reverse engineer the chips, steal the intellectual property, and
then screw in Vidia by putting out a lower cost chip.
Now China's saying, don't even use it. What is happening here?

Speaker 11 (59:54):
What's happening in his politics? This is where you know,
I'm one hundred percent on board with your analysis. Is
Trump shouldn't be investing in Intel, I think, and I
think Nvidia is investing Intel for two reasons. One is
there's excess capacity. It's a loser company. They can't make
any chips. Nobody's buying their chips. So they're saying, hey,
there's excess capacity, we need capacity, we're short of capacity.

(01:00:14):
We'll just buy some factories. We'll invest in factories and
they'll make our chips. The other part is politics. You
know now that Trump is invested in Nvidia, he's an owner. Well,
hey I'm Nvidia, I mean in Intel. He's investing in Intel.
So Nvidia is going to jump in and be happy
with Trump. Isn't that what everybody wants to do. They
want to make Trump their best friend. The King of
England wants to make them his best friend. So it's

(01:00:37):
just politics being involved here. And you're right, you're right.
China has Nvidia chips. They now have, you know, bought
a whole bunch of them, and they're saying, get lost,
We're going to invent these ourselves. We'll reverse engineer and
we'll do it ourselves.

Speaker 8 (01:00:50):
Bye bye.

Speaker 1 (01:00:52):
I mean, that's that's exactly what they're going to do.
The investment of five billion into Intel. Does it change
the fact that Intel has been a pretty lousy company?

Speaker 11 (01:01:04):
Does it change? Do you mean does it? Does it
make them into a good company? Yeah, no, it doesn't
make them into a good company. But they're just buying
capacity and videos just buying capacity. There's such a demand
for their chips. So a good example, Broadcom got a
ten billion dollar order for AI chips. That's one of
their competitors, a ten billion dollar order. En Vida is

(01:01:25):
sitting around thinking we should have that order. Why didn't
we get that order? We need more factories. So they're
just buying Intel because Intel's got lots of excess capacity.
It's just a good business decision.

Speaker 1 (01:01:37):
Talking to doctor Matt Well, economist at the University of Indianapolis.
One other question here, and this is one about American Express.
It was a story on CNBC. It's a very interesting story.
This is the headline, American Express unveils refreshed Platinum card
with eight hundred and ninety five dollars annual fee, upping
the anti in luxury cards. Now full disclosure, I have

(01:02:00):
a Platinum card. It is a six hundred and ninety
five dollars annual fee. This has now been raised, but
they're going to give you all sorts of benefits. There's
an argument that's often made that in this economy, the
richer getting richer and the poorer getting poorer. Is that
this is AMEX saying, well, you are already part of

(01:02:21):
the luxury brand. Let us make it even more luxury
by costing even more, so you'll feel more excitement about
your luxury card.

Speaker 2 (01:02:29):
Is this what we're seeing?

Speaker 1 (01:02:31):
Is this an example of hey, if the richer getting richer,
might as well get a couple extra bucks.

Speaker 11 (01:02:37):
Okay, first of all, it's not the rich getting richer.
The wealth gap is a fake phenomenon. It's fake news,
as we say. But what is happening is a full disclosure.
I have the high end AMX cards also. I got
two of them.

Speaker 2 (01:02:50):
And I got to tell you.

Speaker 11 (01:02:52):
What they've learned is that that market when you and I, Tony,
when I add up the benefits I get. I mean
I showed someone the other day who wants to get
a new credit card. I said, look at the benefits
I'm getting. And this is not a commercial for AMX, please.
I showed them I was getting about six thousand dollars
a year in AMEX benefits. You know what, They could
probably afford to charge me a little bit more and

(01:03:12):
I'll probably suck it up and pay for it.

Speaker 1 (01:03:16):
Also, I am not doing an ad for Amex, but
if they want to be advertisers, this will be the
right place to do it. I'd be a fantastic MX spokesperson.
Really nothing, no, no backing me up there, doctor Will.

Speaker 11 (01:03:32):
I am one hundred percent on board. I mean, it's embarrassing.
I don't want to be a shill, but I love
my AMEX card. I get so many benefits. I get
two free global round trip airfares in first class off
of my AMEX card. This is an impressive card. I
really like it.

Speaker 1 (01:03:47):
We will talk more about all of your perks. The
chatroom wants to know why the wealth gap is fake,
but we will have to discuss that at another time.
Doctor Matt will Economists, University of Indianapolis. Dr Matt Will
Wil on the Twitter X follow him there time to
fill up on the news. Tony Katz ninety three WIBC,

(01:04:09):
Good morning. Could someone please tell communists not to comment
on my stuff on social media?

Speaker 2 (01:04:16):
You don't know what you're saying. You don't know what
you're talking about.

Speaker 1 (01:04:18):
You haven't listened to the show, you don't understand context.
It's embarrassing already, and I'm bored. I just don't want
you filling my feed with nonsense. I have things to
do now. Futures up to thirty four navs ZAC futures
are up to ninety three. Oil prices are up as well,
sixty four dollars and forty cents on the West.

Speaker 2 (01:04:38):
Texas creued the.

Speaker 1 (01:04:39):
Brent crude at sixty eight dollars and thirty cents a barrel. Now,
I'm not thinking that we're gonna see some major jump.
You would need a level of world event, I think,
to cause this. But we are seeing a little bit
of an increase here and the tenure treasury four point

(01:04:59):
zero eight, So that's going up with the announcement that
interest rates have been cut a quarter point Okay, I
think we have seen that before. I think the moral
of the story here is I'm not a fan of

(01:05:19):
this quarter point cut. I think people are going to
appreciate it and think that it's not enough, so in
the end, they're not super big fans of this quarter
point cut. The writing is certainly on the wall for
Jerome Powell, and I can only imagine how things are
going to go when there is a new FED chair.

(01:05:41):
My concerns about cutting the rights too quickly is very real.
My concerns about this economy is very real. And then
there's this olive garden who doesn't love the olive garden. Honestly,
I could go for bread sticks right now. Darden Restaurant Group,
which owns Olive Garden, misses the Wall Street estimates for

(01:06:04):
the fiscal first quarter, but they have raised its fiscal
twenty twenty six forecast.

Speaker 2 (01:06:10):
For revenue growth.

Speaker 1 (01:06:14):
They were a dollar ninety seven a share versus two dollars,
expected three billion dollars in revenue, in line with expectations.
Full disclosure. I do not believe I own any Dardan
Group any I don't own any of that stock.

Speaker 2 (01:06:28):
They're upping the future?

Speaker 1 (01:06:32):
Is that because the price increases, That because people are like, well,
we've got money, where's this money coming from?

Speaker 2 (01:06:38):
This is the kind of stuff that very much drives
me crazy about this economy.

Speaker 1 (01:06:43):
But you know what we'll do. We'll leave it right there.
The world is crazy, but we do not have to be.
That's why I bring you the Tony Kats TK That
is Me Thursday Music Moment, presented by Killadent Removal dot Com.

Speaker 2 (01:06:58):
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Speaker 1 (01:07:00):
If you got hail damage or a door ding, they
will come to you mobile paintless dent repair. Make your
car look good as new, whether it's the door, hood,
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Speaker 1 (01:07:22):
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of the Tony Kats TK That's Me Thursday Music Moment.

Speaker 2 (01:07:30):
The world is crazy. We do not have to be.

Speaker 1 (01:07:33):
We take a moment, We take a breath, we take
a beat, We roll down the window in the car,
we step outside with our drink. Whatever it is, I'm
not here to judge. Maybe you work third shift and
we play some music and we relax. And today there
is a fantastic documentary.

Speaker 2 (01:07:50):
About yacht rock. I think it's on HBO.

Speaker 1 (01:07:54):
And in this documentary they play all the hits, all
of the hits, and then they talk about the songs
that are sampled from the hits and one of those
songs samples I keep Forgetting by Michael McDonald's.

Speaker 2 (01:08:13):
But that's not a song of the yacht rock era.
That's a song of the nineties. Roll down the window.

Speaker 1 (01:08:19):
Step outside, take a breath, have yourself a sip from
in nineteen ninety four from the g Funk era Regulate
by Warren g featuring Nate Dog producer.

Speaker 2 (01:08:36):
Carl hit It.

Speaker 1 (01:08:39):
So the chat room is mixed on this, and I
want to say to the chat room, I love that
you're here.

Speaker 2 (01:08:44):
I'm so glad that we're building the live stream. But
all y'all needs some help.

Speaker 1 (01:08:50):
If you can't get down with Regulate, my god, I
don't know if you know how to get down at all. Okay, yep,
I got nothing. Tony Katz ninety three WIBC, Good morning,
Good to be with you, Sign the Way, America's favorite game.

(01:09:11):
What the heck is that TV theme song? Here's how
we play our game. Producer Carl has picked the television
theme song from yesteryear. I have to guess what it is.
I can phone a friend, I can go to the
chat room for help. You have to be part of
the live stream in order to be in the chat room.
It's growing. Good people in there. I'm glad you're there.
That is WIBC on the YouTube YouTube dot com slash WIBC.

(01:09:35):
I almost think it's got like a Battle of the
Network Stars kind of quality to it, But I do
not know what this is at all. Let me start
by phoning a friend. It does chatroom sound like a
game show as well? Matt Behar, what is this theme song?

Speaker 8 (01:09:56):
Why that's Naked and Afraid?

Speaker 9 (01:09:57):
Tony you mentioned if that was the theme to Naked
and Afraid.

Speaker 2 (01:10:03):
First, that'd be funny.

Speaker 1 (01:10:05):
Secondly, this is the second time that Matt Bear has
brought up a concept of naked Just today, some people
are game showing this.

Speaker 2 (01:10:20):
Not a game show.

Speaker 1 (01:10:22):
It's not the McNeil Lair Report.

Speaker 2 (01:10:27):
I am I am really really lost. I have I
have no clue. Producer Carl, what is this theme song? SCTV? No?

Speaker 1 (01:10:43):
Yeah, Rick moranis John Candy, Eugene Levy the best that Canada.

Speaker 2 (01:10:50):
Had to offer? Wow?

Speaker 1 (01:10:54):
Oh never, never, never, in a million years I've got
on SCTV.

Speaker 2 (01:11:01):
You could have played schmegy Polka.

Speaker 8 (01:11:02):
I would have.

Speaker 2 (01:11:03):
Figured it out. Oh, the schmengy Polka's world.

Speaker 8 (01:11:08):
Class shun our bumper list.

Speaker 1 (01:11:12):
Yeah, would you Schmegny Polka's a bumper music would be glorious?

Speaker 2 (01:11:16):
Uh, and we play every single day.

Speaker 1 (01:11:18):
Sponsorship is now available to the full list at WIBC
dot com. On Tony Katz, they we'll get more into
Jimmy Kimmel being basically let go by ABC and the
statements made by Brendan Carr of the FCC. No, I'm
not down with Brendan Carr. I'm also not upset that
Jimmy Kimmel's gone. And I will not listen to the
left that cheered deplatforming. Now tell me I have to

(01:11:41):
hold somehow their standard. No, we have to hold our standard.
And I am not a fan of what is revenge
or retribution. And I think that Brendan Carr made a
mistake talking about things in this way. You could have
gone about things regarding ABC as the head of the FCC,
the Federal Communications Commission, you could have said, what is

(01:12:03):
it that you guys think you're actually doing.

Speaker 2 (01:12:06):
Jimmy Kimmel flat out lied.

Speaker 1 (01:12:08):
About who the assassin was of Charlie Kirk because he
didn't want to admit to the fact that it was
indeed a leftist engaged in leftist causes, in a relationship
with a progressive, did not want to discuss the radicalization
from the left. He lied to his audience, and it
isn't the first time, and he absolutely was a mouthpiece
of the Democratic Party. And it is not a debate,

(01:12:31):
and there is an argument to be made about whether
or not that should have been allowed. Brendan Carr saying, ooh,
these affiliates better say something. Don't want to be on
the bad side of Trump. Not how I want things
to work, not how things should work. And to all
the trolls on social media who don't listen to the show,
this is why your trolls.

Speaker 2 (01:12:50):
Could you imagine what it's like to be in the
sunlight with all of us.

Speaker 1 (01:12:54):
Get out of the rocket, out of the cave, listen
to the show, be part of the conversation. You might
not agree with everything, but dear lord, you'd actually know
what's going on.

Speaker 2 (01:13:03):
But you don't

Speaker 1 (01:13:04):
Because you're either trolls or you're communists who sit on
the Indianapolis City County Council, one or the other