Episode Transcript
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Speaker 1 (00:14):
Seven oh six. In a very happy Friday to you,
Brian Thomas. Always always happy when I see in the
rundown our good friend from the Taxpayer Protection Alliance, which
you can find online in Protecting Taxpayers dot org. Welcome
back to the fifty five KRSY Morning Show, Dave Williams.
Good to have you on this morning.
Speaker 2 (00:30):
Good morning, Brian, and don't look at the sock market.
Speaker 3 (00:33):
Yeah, that's my first word of advice for today is
you know, listen to a lot of people panic right
when they see the market going down, and it's always
a good bet to invest in the market. And yes,
people are kind of struggling right now, but you know,
always play the long game here and don't panic.
Speaker 2 (00:51):
Don't panic.
Speaker 1 (00:52):
I've been through these ups and downs. I'm going to
be sixty in September, so I've been through it a lot.
You know, I've been investing in four to one case
since I had my first full time job as a lawyer,
and you know, I just don't pay attention to it, honestly,
because it's not worth the indigestion. And over the long haul,
it's all worked out quite well in spite of the
always temporary downturns. Always. I say that with a bit
(01:14):
of hesitation, because you know, someday they if people aren't
interested in purchasing our debt anymore, we're going to have
a real problem on our hands. And I just sort
of see that day coming closer and closer, which is
a real concern. So the addressed to Congress, Trump's Addressed
to Congress. Let's start there, because there was a lot
of good there was some mixed reaction stuff, and of course,
(01:36):
as you point out in your analysis of it at
tax Payer Protection Lines, some bad stuff, at least from
the perception of your group, and I understand why. So
let's start with some of the good things. And I
want to fast forward, moving away from the World Health
Organization though the green news scam, which I agree it
is a scam. Trump's all the above energy policy and
just released this week the EPA really making some significant
(01:58):
changes in terms of like greenhouse gas emissions that really aren't.
Speaker 3 (02:04):
Yeah, there's a lot to unpack here when you talk
about the green news scam, and really it's you know,
electric vehicles, it's I mean the trillions of dollars and
I'm not overstating this that has been really cordoned off
for green energy. We're talking about EV subsidies, we're talking
about loans, we're talking about really just giveaways to green energy.
And if green energy is going to be a part
(02:26):
of the energy portfolio, it needs to survive on its
own age. We're not saying not get we're not saying
get rid of wind and solar, but if it's part
of it, no government subsidies, no taxpayer subsidies. And I think,
you know, that's where there's a little bit of disconnect.
I think with people is that they really hate these
new energy things. Well, don't hate them, just don't subsidize them.
(02:49):
But I like what Trump is doing and saying no
more EV subsidies, and we have to claw back all
these green energy subsidies.
Speaker 1 (02:55):
And no more mandates, the mandates of the reason the
subsidies are in place. If you mean, if the product
could survive on its own to be something the public
demands and they would want it. In other words, I
want a car with massive off the line torque. Then
you want an after vehicle. Fine, you've got a zero
to sixteen less than two seconds by yourself, a Tesla plaid.
But if that's not important to you, and you really
don't mind your internal combustion engine. I'd stick with that
(03:18):
because that's what I do, and that's what I like.
I want them to be available and I want to
be able to have the choice myself.
Speaker 2 (03:24):
Exactly.
Speaker 3 (03:25):
And it really, you know, dovetails into what we talk
about the EPA and really having less of a footprint.
You know, it's funny because they talk about a carbon footprint.
What I want is less of is a government footprint
on business, on individuals. I mean, that's my goal, just
less thing, the government footprint. And you know, when you
talk about regulations, you talk about permitting, the permitting process.
Speaker 2 (03:48):
It's not just about the bureaucracy.
Speaker 3 (03:50):
It's about allowing companies to do what they want to
do and to be able to prosper and to build
and to grow because the government is preventing businesses from flourishing,
from expanding, and that's what the EPA does is stopping this.
Speaker 2 (04:05):
We have a many energy revolution happening in this country.
Speaker 3 (04:09):
You have companies that are building nuclear power plants and
going with nuclear power to power their data centers like Microsoft, Google, Amazon,
all of them right because they see this as the
future of energy and nuclear energy is renewable, and the
left hates to hear that. They hate to hear that
nuclear energy is renewable, but it absolutely is and really
(04:30):
could solve a.
Speaker 2 (04:31):
Lot of our energy problems.
Speaker 3 (04:32):
And the product sector again is taking the lead on
this and saying, yes, we need to embrace nuclear energy
to help reduce energy costs.
Speaker 4 (04:40):
Yeah.
Speaker 1 (04:40):
Amazon just these past fall announce that they have signed
contracts in multiple states for these small modular reactors, which
were a revolution in nuclear technology. It produces a massive
amount of small of power and a very small footprint,
and they're just just amazing there. I think this is
the revolution and things to these giant tech companies embracing
(05:02):
it conceptually and actually moving forward with investments in it.
I think that's going to allow us, the unwashed masses
they have access to it too, and it'd be less
resistance than nuclear power generally speaking.
Speaker 3 (05:13):
Well, and I think that a lot of people's mindset
they're stuck in the nineteen seven Oh yeah, when it
comes to nuclear power, they think of three mile I
only think of these things.
Speaker 2 (05:22):
We are way beyond that.
Speaker 3 (05:24):
And again, like you said, these tech companies are leaving
the way in this, so it's really fascinating to say
if we see more of this deployment in the coming years.
Speaker 4 (05:32):
Yeah.
Speaker 1 (05:32):
A couple other highlights the extension of the Tax Cuts
and Jobs Act from twenty seventeen. They're going to have
to get their work done on that one because it's
going to expire at least when I'm looking at Protecting
Taxpayers dot org. You've got a countdown clock to that.
We have two undred ninety two days to get that done.
So and then DOGE. All the work DOGE is doing
just revealing to the American public how wasteful they are
(05:53):
with our money, just across the board, whether it's fraud,
waste abuse, just stupid programs like transgender urban farmer programs.
I mean, give me a break. It's just mind boggling,
and that left is being forced to defend the indefensible.
Speaker 3 (06:09):
This is the crazy part, Brian, is that you have
people like Chuck Schumer who are complaining about DOGE, and
it's like, well, you know, we want to cut spending.
Speaker 4 (06:18):
No, you don't know, you don't.
Speaker 3 (06:19):
You have never offered an amendment, You have never offered
any piece of legislation to cut spending, to look at
wastefle spending, So what Dose is doing is I want
to say it's revolutionary, but it's not because Rand Paul
has been doing this for years. It's been putting out
reports on wastefle spending. Now it's institutionalized and we're hearing
a lot more about it. And I love this discussion.
Speaker 2 (06:42):
Now. Hasn't been perfect.
Speaker 3 (06:43):
Has the execution been perfect, Absolutely not, But it's a
discussion that we haven't had in this country, a sustained discussion.
I mean, we've been talking about this for months now.
We haven't had that for a very long time. And
it's so healthy to talk about getting rid of these programs.
And you know us ai D, the you know the
crazy things that are being funded through us ai D.
Speaker 2 (07:05):
Yes, let's get rid of them. And let's do it now.
Speaker 3 (07:07):
You know, Speaker of Mike Johnson, you know when you
pass a continuing resolution, offer some of these spending exactly.
Speaker 2 (07:13):
Let's get the ball rolling, man. T is time is,
the clock is ticking.
Speaker 1 (07:16):
Indeed, he did mention a better balancing the federal budget.
But then Trump always comes out and says, I Am
not going to touch those security, Medicare, Medicaid, which are
the biggest problems we have on our hands. Someone is
going to have to deal with that mess. They're unsustainable
and they're on a trajectory to collapse on themselves, and
everyone keeps saying no, no, no, we're not going to
touch I'm not going to touch him. So I believe
in ferreting out the fraud, waste, and abuse is a
great first step, but the programs themselves are going to
(07:39):
have to be reorganized.
Speaker 3 (07:41):
They will, Brian, I think Trump has a unique opportunity
here because he's probably not running again. I mean, he
talks about the third term, but you know he's not
going to run again. So why not have this difficult
discussion now because it's not going to hurt him politically,
Because I mean, this is it right, So this is
the time to do it if you are president, is
to have these difficult but necessary discussions, because like you said,
(08:05):
this is trillions of dollars in taxpayer spending that we
need to bring under control, and there's ways to do it.
And I know people don't like to hear the P
word privatization, but if I'm allowed to invest my.
Speaker 2 (08:17):
Own money, I know not I know, give me the option.
Speaker 3 (08:20):
We're not saying it's mandatory Bryan, we're saying, give me
the option if I want part of my social Security
to go into a private fund, I should be able
to do that.
Speaker 4 (08:28):
Amen.
Speaker 1 (08:29):
And the tariff, you and I can agree the terrorifts
aren't necessarily a good thing, and I know that's one
of the things you labeled under the bad Trump loves them.
I understand reciprocal tariffs, so they're taxing our stuff or
tariffing our things, and why wouldn't we put a tariff
on theirs? Obviously it has an inflationary reality. But when
you're using teriffs to get another country to do something
that you wanted to do that it doesn't want to do,
(08:50):
then we run into some real problems because then they
do reciprocal tariffs and it becomes a downward spiral.
Speaker 3 (08:56):
Right, and companies don't pay taxes. Consumers do a right
higher prices. So that's the problem is that this is
going to get passed on to the consumer, and that's
the last thing that we want. So you understand what
he's trying to do, but it's not working because we've
seen prices skyrocket and when you talk about he's going
(09:17):
to delay them for a month, Well, you can't build
a manufacturing base in a month.
Speaker 2 (09:22):
If you say we're going to.
Speaker 3 (09:22):
Delay auto tariffs or whatever tariffs, you can't build that
whole manufacturing base in a month to make sure it's
produced in the US.
Speaker 2 (09:31):
So it's just it's not feasible.
Speaker 1 (09:32):
Well, let's positive seven to fifteen. We'll bring back Dave
Williams from the taxpayer protection lines. We'll talk about Hey, Doge,
why don't you take a look at the post office
maybe the other couple of points from the Trump address. First, though,
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(09:53):
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(10:13):
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Speaker 4 (10:35):
Fifty five KRC. The talk station powerheard radiovere.
Speaker 1 (10:42):
Jeneren Ian says he's got a sunny day today with
the highest seventy eight overnight. Some clowns forty nine for
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Tomorrow.
Speaker 1 (10:48):
Rain in the morning's gotter, thunderstorms included. We get a
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Right now.
Speaker 4 (11:04):
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Speaker 2 (11:39):
The talk station.
Speaker 1 (11:42):
It's seven twenty and a happy Friday to year. Brian
tell Us here with Dave Williams from the Taxpayer Protection
Alliance online at Protecting Taxpayers dot org. I could line
up the lists of your favorite pet fieves, Dave, after
all the years we've talked and in the street cars
is number one? You and I always have a go
about that as a colossal waste of tax dollars. And
I can't figure out whether number two is is taxpayer
(12:03):
funded stadiums or the post office.
Speaker 2 (12:07):
Oh man, that's uh, that's tough, Brian. Let's put them
at a tie at number two.
Speaker 1 (12:12):
Tie at number two, right next to taxpayer funded stadiums,
the United States Postal system, which literally loses billions and billions,
and every single year, for as long as you and
I have been talking, they lose billions of dollars. I mean,
a business model that should work, a business model that
should be flexible, like any other business. If nobody's mailing
(12:34):
letters like they used to, then you're gonna have to
cut back the size of your business or come up
with an alternative business model that will help you continue
to be profitable.
Speaker 4 (12:42):
But they never are profitable.
Speaker 2 (12:45):
No, they're not, and they're a monopoly. You have a
you have a mailbox.
Speaker 3 (12:49):
Nobody can put anything in that mailbox except the Postal Service.
It is against the law for any other company to
put anything into your mailbox. You know, it's funny the
Federal Trade Commission and Department of Justice, they talk about
these monopolies and anti trusts and breaking up these big companies,
break up the post Office. I mean, they're not looking
at the most obvious monopoly that's out there, and that's
(13:13):
the post Office. And again they're losing billions of dollars
a year. I would love to have monopoly business, wouldn't you.
I mean, it's like printing money.
Speaker 1 (13:22):
You would think, well, in I guess we Gause. It's
mentioned in the Constitution. If I recall correctly, I guess
they're not required to break even. At least they know
they're going to get some sort of federal bailout. I mean,
is that what this comes down to.
Speaker 2 (13:36):
Exactly?
Speaker 3 (13:37):
And you know, really over the past few years since
COVID that they've gotten tens and tens of billions of
taxpayer dollars. Now, they've always gotten taxpayer dollars in the
fact that they don't have to pay taxes. They don't
pay tax on gasoline for their trucks, so they've always
gotten a really good deal from the taxpayers. But it's
really the checks have been written over the last five
(13:59):
or six years, specifically for the post office.
Speaker 1 (14:02):
Well, what seems to be the problem here is it
just the fact that well, again I think this problems
existed since before the Internet showed up and people were
still mailing letters. But that obviously has compounded their problems
because fewer and fewer people are mailing things. I think
on a daily basis, if I get something substantive, maybe
an actual bill or something that requires my attention, it's
(14:24):
ninety percent just junk mails.
Speaker 4 (14:25):
What I call it.
Speaker 2 (14:27):
Yeah, it's poor management.
Speaker 3 (14:28):
It really is from top to bottom, and Congress has
just punted every time when they've looked at postal reform,
look at Saturday delivery. If we got rid of Saturday delivery,
that would save two billion.
Speaker 2 (14:40):
Dollars a year.
Speaker 3 (14:42):
And I really don't believe people would notice if Saturday
delivery went away, if you had to wait till Monday
to get your mail.
Speaker 4 (14:50):
Yeah, we don't get mail on Sundays.
Speaker 3 (14:52):
Yeah, well, we get packages on Sundays from the Post
Office because they have a deal with Amazon to make
sure that packages are delivered on Sunday, and that increases
the cost. So it's estimated that each package that is
delivered by the post Office, whether it's Amazon or any
other seller, they lose about a dollar fifty per package
they lose.
Speaker 4 (15:11):
They don't make you make it up dollar fifty. You
make it up in volume, Dave, Yes, volume, volume, volume, well.
Speaker 1 (15:20):
As you report, and I know you didn't make the
statistic up. US Postal Service lost nine point five billion
dollars in twenty twenty four alone.
Speaker 3 (15:32):
Yes, yes, So part of the problem is when they
hire temporary seasonal employees because of the unions, they have
to offer them full time jobs after you know, after
Christmas after the season, so no other company does that.
No UPS, they hire seasonal. You know what seasonal is seasonal?
(15:53):
So in January they don't have a job at UPS
or FedEx. At the postal service, you get the option
of joining to postal service full time. Again, these are
poor management decisions and a lot of it is driven
by unions, and a lot of us is driven by.
Speaker 1 (16:08):
Stupidity, truly, And the electric vehicle mandate I can see
this is the most likely one to eliminate because I
think the contract they had with the electric vehicle manufacturer
hasn't They haven't delivered on it.
Speaker 3 (16:20):
They haven't delivered on it. They're about ten thousand to
twenty thousand dollars each vehicle more expensive than a regular
combustible engine. And you know, if we see gas prices
go down, obviously you save money there. Yeah, and gas
prices have gotten down with more energy explorations, So listen.
I think that again, this is a business model that
(16:40):
isn't working. And do we absolutely need to privatize it.
I think we should move towards it, but that's not
the ultimate answer.
Speaker 4 (16:47):
We just need better.
Speaker 2 (16:48):
Decision making and listen.
Speaker 3 (16:49):
More attention by Congress Congress passed the Postal Reform Act
a couple of years ago, and what they did was
they took all of the postal obligations the healthcare as
and move them over to medicare.
Speaker 2 (17:03):
Well that didn't save any money.
Speaker 3 (17:05):
No, it just means that taxpayers are still paying for
in this and they didn't reform this in any way.
Speaker 1 (17:12):
Oh by, don't look over there, you're still on the hook,
Dave William bookmark the page protecting protecting taxpayers butt or
appreciate the work that you're doing and bringing this to
everybody's attention each and every day, Dave, and look forward
to having you back on the program really soon. Keep
up the great work. Have a great Friday, Brian, thanks
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