Business Owners Concerned About Supply Chain Disruptions

Business owners concerned about supply chain disruptions. NFL draft. Friday Sound Salad. Chad's Wheel of Surprise. Russia unleashes deadliest Kyiv air attack this year. Zach Abraham of Bulwark Capital Management. Jim Kennedy, Kennedy Institute for Public Policy Research. 

Episode Transcript

Speaker 1 (00:11):
The Chad Benson Show, the troller in chief is added again.

Speaker 2 (00:16):
Got a hand it to.

Speaker 3 (00:17):
Him, you do with the tariff battle going on, and
we're going to get in deeper that next hour with
our buddy zat abram Chie investment officer in Bulwark, and
how this is affecting everybody with the fear, the worry,
the anxiety of what's taking place in the economy. It

(00:40):
only takes Trump one second, one post to make everybody
go where and lo and behold everything that people should
be paying attention to in the media. And for the Democrats,
if you're going to pick a path where you're like this,
this is what people care about the economy. They only

(01:06):
had to see a Trump twenty twenty eight hat to
lose their blanking mind.

Speaker 4 (01:11):
The Trump Store is selling this Trump twenty twenty eight hats.

Speaker 5 (01:17):
It's a great troll. But I also think that.

Speaker 4 (01:20):
This it almost feels like something that maybe they should
have launched, you know, forty five days ago when they
were kind of riding on the post inauguration high.

Speaker 6 (01:29):
They view it as getting the left wing angry right right,
and if they can get them insensed, Trump, did you
see that Trump.

Speaker 5 (01:37):
Twenty eight You can you imagine these hats? Did they
see twenty eight? That's what that helps you, Right, Look
at these crazy left wingers.

Speaker 7 (01:45):
They're going crazy about the twenty twenty eight hats, right,
And that's the goal.

Speaker 2 (01:50):
That's the goal. Guess what the goal is.

Speaker 3 (01:54):
To get them to pay attention to anything that has
nothing to do with some of the stuff that's going
on out there that is an actual issue that will
affect twenty twenty six in the midterms. If you're not
paying attention to, I don't know the economy because you're

(02:18):
so busy freaking out over an MS thirteen alleged MS
thirteen member, and you're rallying around him, and then he's
got this twenty twenty eight hat and T shirts that
are available at the merch store, and you.

Speaker 2 (02:36):
Start going, oh my god, HiT's look what he's doing.
And he's not.

Speaker 3 (02:40):
You're not paying attention what the average person cares about.
The average person, as I've talked about over and over again, you,
me and everybody else it see economy. Stupid god, it's
just the left. You guys are so bad at this.
You're so bad. And I would focus on the thing

(03:02):
that matters, paying bills, get your kids out of your
house because they got nowhere to go, because even though
they may have a college degree, make decent money if
they found a job, they can't afford life. And you're
already struggling as well. But instead the media is like,

(03:25):
oh cheez.

Speaker 5 (03:26):
And to that's the extent it works. Also, he's into
fleecing his festival.

Speaker 4 (03:31):
But I think that you're onto something here because it's
not just the hats. There's a lot of the first
hundred days that's been about how can we poke the
bear being.

Speaker 8 (03:40):
Absolutely they don't have to be successful in those voters.

Speaker 9 (03:44):
They don't have anything to improve the lives of their
voters except we hate who you hate. And Dan's exactly right.
It always works and it always scores.

Speaker 3 (03:53):
And until it doesn't keep doing it, it's that simple.

Speaker 2 (03:58):
Until it.

Speaker 3 (04:01):
Stops working, you're going to feed the fire over and
over again.

Speaker 2 (04:09):
The flame's going to continue to rock and roll.

Speaker 3 (04:12):
And until you figure out a way to say, let's
take away the oxygen, let's extinguish this thing and make
it move somewhere else, you're going to continue to get
the same thing, which is an overreaction. You know how
many text messages and whackud do stuff I got sent
last night, and here's something else Trump twenty twenty eight him,

(04:33):
but didn't say him, did he. Well, we're assuming it's him.
Could it be Don Junior? Could it be Eric? Oh? Oh, well,
you know, so let him freak out because the battle's
going on with China, and it is Is it a

(04:54):
trade war? Isn't it a trade war? Are they talking?
Are they not talking? These are all things that p
or you know, the average person, if you're paying any
attention to, not so much the tariff for is you're
paying attention to the prices.

Speaker 2 (05:08):
Tariffs mean nothing to you. Prices matter.

Speaker 10 (05:10):
Trump repeating a positive tone on tariffs after Treasury Secretary
Scott Beston told investors he expects a de escalation in
their trade war with China, saying the current situation is
not sustainable. China has started turning away American business, Bowling CEO,
telling CNBC China has stopped taking deliveries of their planes,
even returning planes, all because of Trump's tariffs.

Speaker 3 (05:31):
They're feeling it as much as we are. And if
you don't think we're feeling it, you're fooling yourself. Because
it has a lot to do with not just prices,
which is going to probably hit at some point in time,
but you've got to think about some of the other
stuff out there, which is, if you're a business, whether
you're small, medium, or large, how do you plan for

(05:54):
tomorrow when you don't know what tomorrow's going to bring.
When it comes to prices, tariffs, can I get the goods?

Speaker 2 (06:05):
You can't.

Speaker 3 (06:07):
So it's one thing to say, Okay, I don't know
what's coming tomorrow, but I do know the path I'm
on is going in this direction. So what's in front
of me right could be some bumpy roads, could be

(06:29):
you know, some potholes, could be smooth right now. There
may not even be a road, it may be an ocean.
So the frustration for business owners that I talk to
is I don't know if I'm gonna be able to
get the stuff. I don't know what the stuff is
going to cost. I don't know if the stuff I

(06:53):
need that goes to my distributors, what that's going to
cost them, and if they can get it. Uncertainty is
the worst part of things. People want stability and certainty.
That's what the markets want, and when you don't have that,

(07:17):
you have no confidence. In what's going on. Well, if
there's no confidence there, what ends up happening. Yeah, people
start to get a little worried. They start holding back
a little bit, not spending, slowing down the economy.

Speaker 11 (07:32):
Look the economy and how people feel about the trajectory
of their own personal financial situation and their own lives.

Speaker 5 (07:38):
It affects every presidency.

Speaker 11 (07:40):
I mean the last president lost his party lost the
White House largely because people were unhappy about the economy.
There's nothing new there. I think what President Trump is doing, though,
is asking for a little bit of patience from the
American people as he installs a new way to think
about how we operate our economy in the United States
and how we operate our trade around the world. And

(08:00):
he inherited a mess, and it's not going to be
fixed overnight.

Speaker 2 (08:03):
No it's not.

Speaker 3 (08:05):
But people want to know that, Hey, we're so China
is bad, right, okay? So and they're not our friend, okay, So,
but you're still trying to get a deal done with them. Yeah,
And you're also going after.

Speaker 12 (08:19):
All of our.

Speaker 3 (08:21):
Allies to try to force them to choose them or us.
And it feels like you're doing a lot and maybe
a bit off more than you could chew.

Speaker 11 (08:33):
He inherited a mess and it's not going to be
fixed overnight. So he's not on the ballot today. And
the Republicans also in the Congress have their part to
do as well, which is make the tax cuts permanent,
codify some of his executive orders into law as it
relates to energy and other matters.

Speaker 5 (08:47):
So there's a lot more work to be done.

Speaker 11 (08:49):
And I think what the White House believes is once
the work is completely done, and once you give it
a chance to work, things are going to start looking
up for people and the numbers will improve. I don't
sense a lot of panic at the White House over
right now because the President is so confident in his
plan and that it will work for the American people.

Speaker 3 (09:06):
Well, whether you're given patients or not, whatever's going to
happen is going to happen, and we're going to see.
But one thing I do know is we are a
society that doesn't have a lot of patience, and because
of that, we can be very fickle. And while it's
not about Trump twenty twenty eight, it is about what

(09:30):
takes place next year. Because some of the Congress people
I talk to, they are a little nervous because they
feel like they're not really sure.

Speaker 2 (09:44):
What's happening.

Speaker 3 (09:47):
And why certain things are being done in this direction,
and yet at the same time, it feels like they
could pivot tomorrow to another one, and they feel like
everybody else a little uncertain and their jobs right on
on it because voters decide if they get to keep
their jobs. Three two, three, five, three eight, twenty four
to twenty three at Shed Benson Show, is your Twitter?

Speaker 2 (10:08):
Tweet at his TEXTA.

Speaker 3 (10:09):
Program meanwhile, onto real Stuff last night, the number one
television show in America. The Tennessee Titans select Cameron Ward
quarterback Miami.

Speaker 2 (10:24):
Yeah, cam warden number one. That was kind of.

Speaker 3 (10:29):
Done and dusted a month ago. The big question is
whether or not should Door Sanders was going to be picked,
so everybody thought he could be the number one overall pick.
He might be, he might not be. He could go
in the top five alone. Behold, Dion's kid didn't go

(10:52):
in the first round. Afterwards, you give a little speech
because he had kind of a draft party with everybody.

Speaker 13 (10:58):
We all didn't expect this, of course, but I feel
like with God, anything possible, everything possible. I don't feel
like this happened. You know, for no reason. All this
is is of course field to the fire and under
no circumstance. We all know this's going to happen, but
we we understand we own the bigger and better things.

(11:20):
Tomorrow's the day we're gonna be happy in regardless doesn't there.

Speaker 3 (11:27):
He'll probably get picked, I'm assuming in the second or
third round. But that was kind of the shocker last
night at lambeau Field three, two, three, five, three eight,
twenty four, twenty three at Chad Benson Show, to your acts,
your Instagram, all the other great things that you can
reach out to us right here on the Chad Benson Show.
But we're capital everybuddy' Zach Abraham chievestment officer's going to

(11:48):
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(12:57):
is to Jad Benson, Joe.

Speaker 14 (13:10):
Chad Benson.

Speaker 2 (13:11):
It is Friday. So you know what that means.

Speaker 3 (13:13):
We take a listen back, if you will, to the
things that took place this week. We're gonna do it
with our ears. Okay, everybody with their ears? Are you ready?
Oh yeah?

Speaker 7 (13:22):
Finday Friday the first Latin American pope in the two
thousand year history of the Catholic Church has died. The
Bishop of Rome, Francis returned to the House of the Father.

Speaker 2 (13:32):
Francis clearly moved by the love in the crowns.

Speaker 15 (13:35):
So silent, but you could feel how much people really
cared about him, and how much love there was for
this man.

Speaker 16 (13:41):
I've got one hundred dollars walking me my bifle.

Speaker 5 (13:45):
I know how I say. Anybody's burning a hold through
my fugget in and do my skin Colo.

Speaker 16 (13:53):
Morning, I'll be bay. I'm free. My mother.

Speaker 17 (14:08):
U YouTube launched in two thousand and five, originally as
an online dating service, but soon it's creators found people
were using the site's video upload technology for all kinds
of things, cool things.

Speaker 3 (14:21):
What these guys s spent?

Speaker 2 (14:22):
It's that they have really a really, really long pump.

Speaker 5 (14:39):
Us. Climate change will make earth a living hell, a
living hell.

Speaker 18 (14:47):
Why are they doing this? Why do we need a
real idea? What happened to the old fashioned.

Speaker 3 (14:51):
One that everyone had.

Speaker 5 (14:52):
I don't know.

Speaker 19 (14:54):
Was he was sad and traumatized that he was being
in prison.

Speaker 20 (15:02):
Judy Wonder if I ever said, Windy, have a thirty
hours slowly junity Bunny.

Speaker 16 (15:13):
Fay, I'm a freak running Wow, it's time outdrove.

Speaker 21 (15:23):
Forget day five no food and nobody has sent me
a dollar. I've lost my food STMs, I've lost my cash.
Benefits Section ME is on hold, my disability checks are
on hold.

Speaker 2 (15:39):
Oh man, what a week?

Speaker 3 (15:41):
Three two, three, five, three eight, twenty four, twenty three
at Chad Benson shows your ex and you Instagram right
here on the Chad Benson Show. Don't worry about friends.
We still have a lot of stuff to get to,
including straight ahead.

Speaker 2 (15:57):
Yes in DdO it is the wheel of surprise.

Speaker 3 (16:03):
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Speaker 2 (17:14):
Ninety day challenge. Guess what It's time to play the
Wheel of Surprise Chad Benson, Joe Son, Chad Benson, Joe.

Speaker 14 (18:01):
The Chad Benson Show.

Speaker 2 (18:04):
At that time of the week, we play a little
thing called the Wheel of Surprise.

Speaker 3 (18:07):
Now these are a lot of stories that were happening
this week, but because of all the other stuff, we
just didn't have time to get to it. So what
we do is we just number them. I don't I've
read the stories. Potentially, I know about it. They're sound
to it, but I have no idea what they are.
It's going to be a surprise to you as much
as it is to me. Here we go, kids, the

(18:30):
Wheel of Surprise number three.

Speaker 22 (18:49):
In the past week, over fifty dead and dying dolphins
have been found off the coast of Los Angeles County
sixteen more on Sunday alone. In San Diego County, a
toxic county bloom fueled by January's wildfire runoff, is growing
increasingly deadly. John Warner is a CEO of the Marine
Mammal Care Center here in LA.

Speaker 2 (19:08):
It's the worst we've ever seen here. In southern California,
Wales have also died.

Speaker 22 (19:13):
Experts say the algae bloom is so big in the
water from southern to central California that the problem is
not going away soon.

Speaker 3 (19:20):
We talked about this about a month ago, that people
were talking about, you know, sea lions attacking people and
how crazy they said they were demonic looking and stuff.
This is something that's happened in the past, will happen.
It's a natural occurrence, but it's I mean, you know, imagine,

(19:43):
go and take kids, Let's go to the beach. Oh good,
so we can see you know, dead sea life.

Speaker 23 (19:48):
The bloom produces a neurological toxin called demoic acid, which
scientists say can cause affected animals to become more aggressive
and suffer from seizures and disorientation. Experts say sea lions
and dolphin especially vulnerable.

Speaker 2 (20:02):
Yeah, they are because they're food source, not so much
the algae.

Speaker 24 (20:08):
The fish are eating the small plankton that includes the algae,
unfortunately collecting.

Speaker 3 (20:15):
That in their bodies.

Speaker 25 (20:16):
And then the sea lions and dolphins, and now we've
also seen whales being affected.

Speaker 3 (20:22):
Oh my lord, they're basically on PCP. It's climate change.

Speaker 23 (20:31):
No, Alcoho blooms are natural occurrences, but scientists tell us
that the debris from those devastating wildfires and fertilizer runoff
after those atmospheric rivers this winter have exacerbated the problem,
hitting marine animals especially hard.

Speaker 2 (20:46):
Exacerbated. It's the Wheel of Surprise.

Speaker 3 (21:05):
Number eight.

Speaker 26 (21:09):
In February Festival promoter Billy McFarlane told our own Savannah
sellers what audiences can expect the failed Fire Festival's slated sequel.

Speaker 27 (21:19):
We might have a professional skateboarder do a demonstration. You
might have an MMA champion teach you techniques in.

Speaker 14 (21:24):
The morning, And you say, we might have are any
of these forcher haves? Are they booked?

Speaker 15 (21:29):
So?

Speaker 27 (21:30):
I think what makes Fire so cool is that we
are selling the experience of a fire. I want to
be one of the first festivals that can sell out
with no artists.

Speaker 3 (21:38):
Yes, sell out you are for You haven't heard something's
up for sale and it ain't tickets?

Speaker 2 (21:46):
Well I got news for you.

Speaker 26 (21:48):
No artists quickly turned into no show yesterday, McFarlane announcing
that the Fire Festival brand, should you be interested, is
up for grabs.

Speaker 2 (21:55):
Oh who would want that? A nude chapter begins.

Speaker 26 (21:57):
After two years of rebuilding Fire with honesty, activity, relentless effort,
it's time to pass the torch. That's an interesting word
there to the right buyer. The platform can be yours,
execute division, make history. Of course, this all comes just
weeks after organize this postponed Fire Festival too, with no
new date set, so if you want to buy a problem,
that's right, it can now be yours the Lolow price,

(22:19):
that's right.

Speaker 2 (22:20):
I just thought that everyone saw it come No one
expected to whatever be saying.

Speaker 26 (22:24):
You might be thinking what could possibly be the value
in this? But it has an incredibly high brand recognition.

Speaker 5 (22:29):
We give it a ton of media, so does the Hindenburg.
Should somebody want to come.

Speaker 2 (22:33):
In and buy it?

Speaker 26 (22:33):
And could they ever pull this off with the assets
that are for sale, maybe there's at least a goodus.

Speaker 3 (22:39):
I'm not now I would be if the price is
right owning the joke aside, somebody who's competent comes in
buys it. You've got name recognition and you could do
something cool with it. My thing is, though, we got
to have him host the whole thing, Billy for.

Speaker 2 (23:03):
What he wants for it? What do you think you
could get for the fire Festival?

Speaker 12 (23:09):
What is that?

Speaker 3 (23:10):
That is one and a half festivals, one that was
a disaster that ended up being a nation and worldwide joke,
then a crime and then a documentary, and the other
one just a joke. But the name recognition, man, that's

(23:31):
a big It's.

Speaker 2 (23:32):
A big deal right there. We're playing the wheel of surprise.

Speaker 8 (23:49):
Number five, The Army is implementing new gender neutral fitness
test standards for service members in combat roles. That means,
and starting June first, both men and women in twenty
one combat specialty positions will have to lift the same weights,
finish events in the same time, and ultimately reach the

(24:10):
same minimum scores to pass. Previously, passing scores were gender specific,
so women could lift lighter weights and finish with slower times,
but no more. The men's scale is the new minimum
for everyone. The question is will this prevent women from
qualifying for combat positions. We compare the new standards to
previous year's average scores to find out. We're using the

(24:32):
average scores for all Army and National Guard positions, so
these averages include those in non combat roles who have
lower standards. We're also going to use the score chart
for seventeen to twenty one year olds. The standards will
remain aged specific. To pass, service members need a minimum
score of sixty for each event. These average scores were
compiled by military dot Com. Let's see how they compare.

Speaker 3 (24:55):
So this is interesting. So they're getting rid of Hey men,
you have to do this, you have to do this.
It's just if you're going to be in combat, you're
going to be in these situations. Everybody is pulling their
own weight. Everything is equal, and let's be real fighting
and military stuff. They're about breaking stuff, they're about destroying things,

(25:17):
They're about having each other's backs. This is one of
those places where it's not about hey, we're going to
give you a little break over here, a little break. No,
you want the best of the best of the best.
That's what it should be. And guess what, surprise, surprise,
ladies did well.

Speaker 8 (25:34):
First, the deadlift, picking up a weight and putting it down.
Currently female's average score of eighty three points, so the
approximate average weightlifted is one hundred and fifty five pounds.
That gets them sixty six points on the men's scale,
so they pass. Next the plank, the quintessential core exercise.
Female currently average seventy six points for an approximate time

(25:55):
held of two minutes and twenty two seconds. God bless them.
That also gives them so many six points on the
men's scale.

Speaker 2 (26:01):
So they pass. There you go, we're on our way.
Pass excellent, ladies.

Speaker 8 (26:08):
Next is a two mile run. The current average score
on the female scale is seventy points for an approximate
finished time of twenty minutes and forty seconds. That gives
them sixty two points on the men's scale, so they pass.
The new minimum time is twenty two minutes, so even
at the current average, they still have a minute twenty
seconds to spare.

Speaker 3 (26:27):
Well done, so far, so good, No issues, right, no
reason to lower the standards.

Speaker 2 (26:34):
Let's do this.

Speaker 8 (26:35):
Next is the sprint drag carry. You sprint fifty meters,
drag ninety pounds fifty meters, and carry eighty pounds fifty meters,
and then sprint fifty more meters to wrap it up.
The current average for females is eighty two points for
an approximate finished time of two minutes twenty five seconds.
That's sixty points on the men's scale. The new standard
for women in combat is two minutes twenty eight seconds,

(26:56):
so the average is close, but they pass.

Speaker 2 (27:01):
Ladies more than holding their own.

Speaker 3 (27:02):
No reason, like I said, as they look at the
new army standards, that seemed like the old army standards
for combat. No reason to lower the standards to fit
ladies and men. It's one size fits all.

Speaker 8 (27:20):
Finally, the hand release push up. Currently women average eighty
three points, which means they completed twenty nine pushups and
that gets them a score of seventy one. On the
men's scale. They pass. As you can see, women in
the Army are already above and beyond the new standards.
And again those averages were for all female service members,
not combat members, who get more time to train and

(27:42):
training programs specific to the needs of their jobs. Based
on that, it doesn't appear anyone who wants to serve
in combat will be unable to qualify.

Speaker 2 (27:51):
Awesome, there you go. That was the wheel of surprise.

Speaker 3 (27:57):
I like that.

Speaker 2 (28:00):
One size fits all.

Speaker 3 (28:01):
Let's do this.

Speaker 2 (28:02):
It's the way it should be. I mean, am I wrong? No,
I'm right, okay, good.

Speaker 3 (28:09):
I just wanted to make sure three two three five
three eight twenty four twenty three at Chad Benson Show
is sure X.

Speaker 2 (28:18):
You insta your Facebook and your YouTube and you can
always call and leave a message for us.

Speaker 3 (28:27):
Love it when you do that. When you call the
three two three five three eight Chad, you can leave
a comment as well as a text if you would like.

Speaker 2 (28:35):
We'd appreciate that.

Speaker 3 (28:37):
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How do you do that?

Speaker 3 (29:41):
You get a buy Raycon dot com slash chad. That's
buy Raycon dot com slash chad, give mom a treat
of treats and win Mother's Day with the best yearbuds around.
The every yearbuds from Raycon buy Raycon dot com, slash
Chad at Chad Benson Show is your ex You insta
ya YouTube and your Facebook like and subscribe to our YouTube.

(30:05):
We appreciate it when you do that. You miss any
of the show, grad the podcast. It is the Chad
Benson Show.

Speaker 28 (30:19):
Serving up talk radio medium, rare and dripping with irony.

Speaker 14 (30:23):
It's Chad Benson.

Speaker 3 (30:26):
They're gonna lay the Pope to rest this weekend. What
are the things people have been talking about? People taking
selfies with the dead pope?

Speaker 29 (30:36):
Right, we've all seen those long lines to view Pope
Francis as he lies in state. Here's what it's like
when you finally get to the front, a few moments
of reflection and a brief glimpse of the pope holding.
Security guards keep the line moving and are cracking down
on people taking selfies with the coffin. This couple stopped
to take a selfie and they were told to move

(30:57):
away by an usher. Some say so many mourners are
taking photos of the Pope and his coffin that it's disrespectful,
but look, even nuns are doing it. Up close, you
can see that the Pope has a large bruise on
the left side of his face. Experts say that's normal,
likely to be bruising caused after death when the body
was being dressed for viewing. So many people have come

(31:19):
here to pay their respects to Pope Francis that the
Vatican decided to leave the doors to Saint Peter's open
all night long, only closing for about an hour at
six o'clock this morning. Roughly fifty people every minute passed
by the Late Pana's casket, which means some of these
people who have waited.

Speaker 14 (31:35):
For hours will only have a few moments to pay
their respects.

Speaker 2 (31:40):
But you'll always have that selfie. Why stop taking selfies?
It's so weird.

Speaker 12 (31:48):
Who's that for?

Speaker 2 (31:49):
By the way, just curious, who's that for? Like, what
are you doing?

Speaker 3 (31:54):
I'm gonna take a picture with the pope? Okay what,
Oh he's not alive. You're gonna post it on the
graund Yeah. People are gonna like and subscribe. It's gonna
be awesome. I don't get it. I don't get it.
Ah from here, though, you do have the funeral, that's
first and foremost. All the cardinals are gathering, you know,
and then the business is gonna get serious.

Speaker 5 (32:15):
But first, well, right.

Speaker 30 (32:16):
Now, they're a meeting, are gathering from around the world,
and the first order of business is the funeral in
the morning period and the ordinary governing.

Speaker 12 (32:24):
Business of the church. Bills have to be paid, Bishops
have to be ordain that kind of thing that.

Speaker 3 (32:29):
Kind of worth it, you know, things like that, bills.
It's business making sure stuff gets handled. But then it's
going to get serious.

Speaker 30 (32:37):
What will happen next, though, is that when the cardinals
get together in conclave. One of the cardinals that we
bumped into told us that the first order of business
will be to get to know each other. This is
the most global conclave ever, and so it looks like
we're going to see that white smoke that signal that
a new pope has been chosen anytime soon. No date
set yet, but it looks like the earliest the conclave

(32:57):
could start.

Speaker 2 (32:58):
Is the week of May fifth, so not next week.

Speaker 3 (33:02):
Okay, everybody thinks that the minute the pope's you know,
in the ground, that they're no, they're they're jocking, they're
doing all those kind of things. I'm going to play
something we put together earlier this week. I want to
give everybody an understanding of how this actually plays itself
out and works the conclave. When a pope passes away

(33:22):
or steps down, the eyes of the world turned to
the Vatican and the centuries old tradition known as the
conclave begins. But what exactly is a conclave and how
does it work? The word conclave comes from Latin conclave,
meaning with a key. That's because when the cardinals gather
to choose the next pope, they're literally locked inside the

(33:42):
Sistine Chapel until a decision is made. Step one the preparation.
After the pope dies or resigns, the College of Cardinals
meet in Rome. Only cardinals under the age of eighty
are allowed to vote. That's usually around one hundred and
twenty men. Step two the secrecy. They take an oath
of secrecy. No phones, no press, no leaks. They're cut

(34:05):
off from the outside world, with security sweeping for bugs
and signals, and yes, the guards do check for hidden devices.
Step three the voting. Voting happens inside the Sisteine Chapel.
Each cardinal writes a name on a paper mallet and
walks it up to the altar, placing it inside a
special chalice. To elect a new pope, a cardinal needs
a two third majority of Step four the smoke signals.

Speaker 5 (34:29):
Here's the part.

Speaker 3 (34:30):
Everyone watches for the smoke after each vote. Bounce a burn.
If no pope is chosen, chemicals are added to create
black smoke. If a new pope is elected, white smoke.

Speaker 2 (34:40):
Rises from the chimney. When does it start?

Speaker 3 (34:43):
Technically the conclave can begin fifteen to twenty days after
a papal vacancy that gives cardinals time to arrive from
around the world, but once voting begins it usually moves fast.
In modern times, it takes two to five days. Step
five habeas paper in somewhat and finally gets enough votes.
He asks if he accepts. If he does, he chooses

(35:04):
a papal name like John Paula Francis, then Habeas paper,
we have a pope. So next time you see the
white smoke curling up from the Sistine Chapel, you'll know
history is happening and a new chapter for the Catholic
Church is about to begin, but not this week, just
putting that out there, not this week, so it'll be

(35:25):
next week they'll start politicking and conclaving three two, three, five,
three eight, twenty four to twenty three at chat Benson Show.
That's your install, your ex and all the other things
right here on the Chad Benson Show. Coming up, our
number two of the programmer, Buddy Zach Abraham, chief investment
officer Board Capital, is going to join us, talk about tariffs,

(35:49):
talk about recession, the r word.

Speaker 2 (35:51):
Are we headed into a recession? Or are we there?
You'll be surprised.

Speaker 3 (35:56):
Some sectors feel like they're already in a recession and
we're going to discuss that with him.

Speaker 2 (36:01):
We've got the latest on.

Speaker 3 (36:02):
What's going on with the Ukraine, which isn't very good
by the way, And real ID kids, do you have
your real ID?

Speaker 15 (36:11):
Do you?

Speaker 2 (36:12):
Because if you don't, you better hurry.

Speaker 3 (36:13):
If you're hoping to travel unless you have a passport,
it might be a bit of a nightmare.

Speaker 2 (36:18):
If you're miss any of the show, shame on. You've
had the podcast. It is the Chad Benson Show.

Speaker 14 (36:23):
This is the Chad Benson Show, the Chad Benson Show.

Speaker 3 (36:52):
For all the talk of Trump the economy, are we
headed to recession? I want you to listen to this
poll and it shows you is again the Dems swipe
at all kinds of things that the average Americans just
not paying attention to and it's still about one thing
and one thing only. Everything else is great, and we

(37:15):
need to pay attention to it. And unless it's a
global conflict, it's a war, it's still only about a thing.

Speaker 19 (37:22):
Yeah, this, I think is a revolt, a revolt that
is going on within the Democratic Party right now, Democrats
and their leaders. I mean, take a look Nashally, hello,
Democrats on dem leaders in Congress, the belief that they
will do the right thing when it comes to the economy.

Speaker 5 (37:37):
Last year, at this time, eighty percent believe that the.

Speaker 19 (37:40):
Democratic leaders in Congress would do the right thing when
it comes to the economy. And keep in mind this
as Democrats look at where we are now, that number
has been slashed in half to just thirty nine percent.

Speaker 5 (37:50):
Holy Toledo. That is the lowest number by far in
Gallup polling.

Speaker 20 (37:55):
The lowest previous was just sixty percent, which is twenty
one points higher than this. Democrats hate hate, hate, hate
what they're congressional leaders in Washington are doing right now
on the key issue of the day, the economy, and
their confidence has.

Speaker 5 (38:09):
Fallen through the floor.

Speaker 3 (38:11):
Their key issue of the day is the economy. That's
what their constituents say, Yet what do they do? They
focus on things that people aren't paying attention to in
a broad sect. It's not that there isn't an issue
there right immigration, the way Trump's handling deportations, et cetera.

Speaker 2 (38:32):
Dei in the battle with the collegees.

Speaker 3 (38:35):
But it's still about the economy. Money will not buy
you happiness, but it will buy you peace of mind.
I say this over and over again. It's the only
thing that matters is the economy. If you feel good
about the economy, everything else is great. You know, if

(38:59):
we get this thing done, if Trump solves the border,
stops the wars, if you will comes to peace agreements
in Ukraine, which we can talk about a little bit,
and even Israel great, it's great, it's phenomenal, But the

(39:22):
economy sucks. Republicans are going to get their ass handed
to them in twenty six and if it continues to
stay down, they'll be a democratic president in twenty eight.

Speaker 2 (39:41):
If immigration battle continues and Trump.

Speaker 3 (39:50):
Doesn't do all he said he was going to do,
If they're continuing to fight and bomb each other from
here to eternity in Eastern Europe with Ukraine and Russia
and Israel, and Palestine, and that conversation continues as that

(40:12):
conflict goes on. But the economy strong, Trump will be
all right. That's how big the economy is. That's how
big it is. I was talking yesterday my buddy Ken,
he's the news director for local station, and as we're

(40:39):
chatting about the economy, I said, what's the big story
you're following for one on the air, and he was talking.

Speaker 2 (40:48):
About the latest Harvard poll.

Speaker 3 (40:56):
That four and ten young Americans under thirty say they're
barely getting buy financially. Sixteen percent said they were doing
okay to very well. Think about that. I said, that's
the only thing that matters. She goes, You're right, it
is the only thing that matters, because you got to
think about the effect of that. If forty percent of

(41:21):
young Americans under thirty, we're not talking about twelve year olds,
we're talking about twenty one to thirty year olds are struggling,
that means it's probably have an effect on their parents.
They're either helping them in some way, shape or form,
or they're still living at home. It's the economy. Everything

(41:47):
else is secondary. It's a bonus if it all goes great,
But if you don't get that one thing. It doesn't matter,
and they can do. You need to pick the wrong
path over and over again, over and over and over again.
They pick the wrong path. Even when there's opportunities to

(42:12):
pick the right path, they don't.

Speaker 2 (42:15):
That's also what makes me laugh.

Speaker 3 (42:17):
He's watching Mark Halprin saying the optics of the potential
of the guy coming home, the Maryland father and the
celebration potentially around him, who is a guy who's had
issues with domestic abuse, and there is no doubts when

(42:38):
you look if he wasn't MS thirteen, he was definitely
adjacent to it, if that makes sense. And serious questions
about some of the stuff that happened here in Tennessee,
where you know he's he was here, he was questioned.

(43:02):
They had even said, eh, we think this guy might
be a human trafficker. He's got his boss's car coming
from Texas going to Maryland, driving through Tennessee, no luggage.

Speaker 2 (43:15):
Several people in the car.

Speaker 3 (43:19):
I mean, there were questions, no doubt, and this push
and and and because there's like if you want to
go after this administration for things, if this is what
you're gonna do, if you're gonna put this on the
due process, and okay, great, do it right. Find somebody
where you're like, there's the there's the one if you

(43:40):
really want to make it something, because that's what you
should be doing. But they won't because well, they choose
the wrong path, and they'll continue to do so over
and over again. Three two, three, five, three eight, twenty four,
twenty three at Chad Benson Show, is Your Twitter?

Speaker 2 (44:00):
Tweet ed us text the program, and am I a
fan of this administration?

Speaker 3 (44:06):
In some ways I like what they're doing? In other
ways not so much. But that's every administration. Although I
will have to say of all the administrations I've lived
through that I can remember, right, you know, like you
don't remember a lot when you're zero and then one,
and you know, starting really towards Carter.

Speaker 2 (44:33):
And Reagan.

Speaker 3 (44:36):
And Bush and Clinton and Bush and Obama.

Speaker 2 (44:43):
And Trump.

Speaker 3 (44:45):
And Biden and now Trump again, I will say Biden
administration was by far the worst administration by far for
true transparency, for a lot of the things that happened.
I can look back and say they were awful, and

(45:07):
I didn't believe a damn thing they said. But I
don't believe everything this administration says either. And we talked
yesterday about a strong, strong.

Speaker 5 (45:22):
Media and news.

Speaker 2 (45:26):
Coverage and that needs to happen on all administrations.

Speaker 3 (45:33):
Pete Bootages this week was on with Andrew Schultz, I
think it's called Flagrant one his podcast, and he was
pushing back about you know, don't get your don't get
any of your information from people on the internet kind
of stuff, going back to that you know, establishment side
of things that matter.

Speaker 31 (45:54):
So, but the real thing is we don't trust the
people who are supposed to be interpreting data. That is
like a societal problem. It's not just politicians, right, it's
it's an erosion of trust in every institution where somebody
is supposed to help us make sense of this. I
come out of the local right where we're a little
more connected to reality. Like if the roads are in
shy condition, and I'm the mayor and I can produce

(46:17):
some statistics saying that the roads are great, people can
call me out and say no, they're not. Like I
drive on these roads all the time and they're not,
and they will find me and they will tell me
what they think of the condition of our roads. Right,
you get up to the national level and you're so
removed from you do you start to get into these
like alternate reality zones.

Speaker 3 (46:34):
He's right, the national level is nothing but alternate realities.
That's you know local what do I always say about
like local politics. Local politics will have a much greater
impact on your life the national politics. National politics is

(46:56):
television's it's movies. Local is reality. Hell, your hoa will
probably have a bigger impact day to day in your
life than a vast majority of the crap that we
talk about on the national level outside of the economy
and potentially a war.

Speaker 31 (47:14):
And then you add to that the fragmentation of where
people get their information because there isn't the you know,
famous examples of Walter kronkit right, like everybody in the
sixties like turns on Walter Cronkite. And it's not so
much that he told people what to think. It's that
he laid out a certain set of facts, certain set
of things that happened, and everybody they could argue over
what it means, but they would generally agree on what

(47:35):
just happened.

Speaker 2 (47:36):
And we don't even have that.

Speaker 3 (47:37):
Yeah, we're in the echo chambers, and the algorithms are
just making those echo chambers more extrame so the algorithms
are even worse hundred percent on that, But that only
feeds the thing that we're asking them for.

Speaker 2 (47:49):
But Walter Cronkite was a lefty, but he just gave
us info. He didn't do anything other than that. He's right,
didn't give us opinion. But nowadays you have people who
larp as journalist who maybe wants word journalist. But nowadays
it says New York Times in Washington Posts and they say,
we're only here for the facts. But I tell everybody this,

(48:12):
it's what they omit that is as important as what
they put in there. Because if you're only giving your
team's score, that's an issue. Three two, three, five, three eight,
twenty four to twenty three at Chad Benson Show, is
your Twitter tweet?

Speaker 3 (48:28):
At? Is texta program to talk a little to Ukraine?
Straight ahead, Birch Gold. Gold is important. You know, bricks
getting ready to meet in July. It's gonna be a
big deal. So everybody tries to get away from the dollar.
What could happen to the dollar could start to really fall.
Gold is important. You need an asset that's going to

(48:48):
protect you, and Birch can help you with that. Text
The word.

Speaker 2 (48:52):
Benson to ninety eight ninety eight ninety eight.

Speaker 3 (48:55):
Today to talk to Birch Gold, get an info kit
and find doubt why an asset like gold is something
you should absolutely have as part of what it is
you do with your portfolio, your investments and everything.

Speaker 2 (49:08):
It is a smart thing to do.

Speaker 3 (49:10):
Diversification is key, and gold offers you something that so
many other things just can't. Text the word Benson now
to ninety eight ninety eight ninety eight to get that
info kit, find out how you can protect yourself to
the downside, and why in unstable times like this, gold
is a place that you should have some of your capital.

Speaker 2 (49:31):
Text the word.

Speaker 3 (49:32):
Benson now the ninety eight, ninety eight ninety eight today
for Birch Gold. It is the Chad Benson Show.

Speaker 14 (49:49):
Chad Benson.

Speaker 32 (49:50):
Ukrainian's reeling after the largest Russian attack on the country
in nearly a year, missiles and drones striking the capital Key,
leaving at least a dozen dead and more than one
hundred wounded, an attack that prompted President Trump, whose administration
is trying to broke her up peace agreement, to directly

(50:11):
call out Russia's President Vladimir Putin, writing on social media.

Speaker 2 (50:16):
Vladimir stop, how'd that work?

Speaker 3 (50:19):
Did that work? Did he Did he get that message?

Speaker 2 (50:22):
Probably not.

Speaker 3 (50:23):
He's gonna do whatever the hell he wants to do
until he decides he doesn't want to do it. Well,
the pressure becomes so much that he's like, all right,
I'll stop. But we know what's going to happen. From
before this started. Our buddy Mike Lions, our military analysts
we have on the show all the time. I'm going
to get him on early next week to talk about this.

(50:47):
He has said, this has always been about you're going
to give up land for peace. That's it. That's what's
going to happen. If you take anything away from this,
don't give up your nuclear weapons. If you take anything
away from this, if you have a nuclear weapon, keep it.

(51:07):
People are less apt to invade you if they think
you can wipe them off the face of the earth.

Speaker 32 (51:12):
A meeting with NATO ally Norway, Trump was asked what
concessions he is asking of Russia, the country that invaded Ukraine.

Speaker 5 (51:20):
Stopping the war, stopping taking the whole country.

Speaker 32 (51:25):
Pretty big concession, certainly, not a big concession in the
eyes of President Zelenski, who would have to allow Russia
to keep land it seized illegally, Zelensky.

Speaker 5 (51:35):
Saying there must be real pressure on Russia to stop this.

Speaker 32 (51:39):
Russia continues killing civilians, that means Putin is not afraid.

Speaker 3 (51:44):
No, I don't think Putin's afraid, not at this moment
in time. It's gonna be a test for Trump. I
think it'll get done, but I always said it wasn't
going to get done until the middle of summer. They'll
get some sort of of I bet respite sooner rather
than later. But he's going to keep punching and doing
things until he decides he doesn't have to do it.

(52:07):
And I don't know when that's gonna be. Like I said,
I think it'll get done at some point during the summer,
and you're gonna have to give up land. And does
that happen for real starting in the next week or so,
where they sit down, we shall see, And you know what,
We're gonna cover the whole damn thing when it happens
right here on the Chad Benson Show.

Speaker 2 (52:30):
It's not a great deal.

Speaker 3 (52:32):
I will admit for Ukraine giving up parts of your country,
But then there's that dispute again about well we had
it before you did. Then you had it as part
of the Soviet Union, and now we've taken it back
and we went in there and we invaded, and nobody
really did anything. And it's this whole you know, here's

(52:54):
the thing about governments and things. You know, you sign
a piece of paper, Well that was a guy I
you know, thirty years ago. But you made promises here, Yeah,
we did, But that was a guy thirty years ago.
Forty years ago. Things have changed and as we all know,

(53:16):
human beings will do horrible things if they feel they
can get away with it. So we'll see what takes place.
There's no doubt though that this, in my mind is
something that I think Trump thinks, EH should have had
it done, and he recognizes at some point in time,

(53:36):
I'm going to have to.

Speaker 2 (53:39):
Come down a little bit harder on Putin. But how
hard and how long will that be?

Speaker 3 (53:46):
That remains to be seen.

Speaker 2 (53:47):
Three two, three, five, eight, twenty four to twenty three.

Speaker 3 (53:49):
At Chad Benson's show, that's your ex your Instagram, we're
pivoting our buddying. Zach Abrahm, Chief Bestment Officer, Board Capital,
joins the program. Top Economy Trade had Chad.

Speaker 2 (53:58):
Benson job.

Speaker 14 (54:19):
Son, Chad Benson Show, The Chad Benson Show, part of time.

Speaker 2 (54:43):
In the USA because economy joining us now.

Speaker 3 (54:47):
Zachy Ram, chief investment Officer, Board Capam the Man, the Myth,
the Legend, sponsors show, friend of the Show. All right,
zach I, I you're aware of this, but I still
have no idea what the hell is going on in
the economy. It's up, it's down, it's sideways. There's tariffs,
there's not tariffs. Maybe we'll be tariff's. Uh, give us
a little help here, man.

Speaker 2 (55:03):
We are headed into recession.

Speaker 33 (55:05):
Okay unless something massive changes here, we are headed into recession.
And you've got stocks trading like we're about ready to have.

Speaker 3 (55:12):
A growth boom.

Speaker 33 (55:15):
I And and it blows my mind that more people
aren't that the market isn't catching onto this. You're you're
watching stocks, You're literally you're still watching valuations going the
opposite way of earnings and revenue growth.

Speaker 2 (55:29):
Margins are slipping across the board.

Speaker 33 (55:31):
Airline CEO of Southwest came out and said airline industry
is in recession.

Speaker 5 (55:36):
Now.

Speaker 33 (55:38):
You have the worst existing home sales numbers since two
thousand and nine announced today. I don't know what people
are buying people are about to get wrecked and and
not wrecked as and I think the whole market's about
ready to drop. I just think that, first of all,
the opportunity because no one's You and I both know this.

(55:58):
Nobody's paying attention. You got to buy people that don't
Apple stock. Nobody's asking the question, how is Apple going
to maintain thirty tight thirty two times earnings when their
second largest market that was down eleven percent year over
year last year. Okay, now all their stuff is getting
tear offf between fifty to one hundred and forty five
percent in China, which is the second largest producer of

(56:21):
a smartphone that is actually more technological cape technologically capable
than theirs. It's crazy, and you've got so I've I'm
dealing with it. I see it all the time. Oh,
I'm not going to sell that. This stock's amazing, it's
only gone up. And you're like, yeah, now it's ridiculously priced.
You're about ready to give back fifty percent of earnings. Well,
I don't want to pay cap gains. Okay, So you'd

(56:42):
rather lose fifty.

Speaker 2 (56:43):
Percent holding than pay twenty percent on your profit? Okay.
Obviously you're not a math major, but have a blast.

Speaker 33 (56:51):
Second, like I said, it's the opportunity costay outs. There
has never been a better time to purchase non US
asset and it is shocking. What's shocking to me even
more is the opportunity still exists. Nobody's catching onto it.
All these idiots are trying to pick a bottom in
these ridiculous stocks that aren't worth a fraction of what

(57:12):
they're trading for. And you know, I it's and I
get I understand why. And here's why. No matter what
issues we faced economically for the last fifteen years, stocks
went up, right, Why because we had the world reserves
currency and we were the only Because of that, we
were the only ones printing money. Okay, now we're the

(57:36):
only ones cutting spending. You got a global trade dust up.
I wouldn't call it a war yet, right, and because.

Speaker 2 (57:44):
We've been doing it, so think about this. Look at
the reversal of where we're at.

Speaker 33 (57:49):
Okay, we're at one hundred and thirty percent debt to
GDP and we got some serious budgetary problems, some serious
questions called on that front.

Speaker 2 (57:58):
Right, Well, flip around and go look at Germany.

Speaker 33 (58:00):
Germany sixty percent debt to GDP, which means, you know, remember,
if their economy accelerates, they're going to get higher tax revenues. Right,
So let's say you print twenty percent of your GDP
and you throw it out for fiscal stimulus that may
not even be far from revenue neutral to Germany because

(58:24):
of the increased tax revenue they'll get off the stimulus. Right,
we can't stimulate, we're cutting, we're cutting spending. China launching
their biggest fiscal stimulus ever. Their stock market's down sixty
five to seventy percent from eyes right, you go look
at the earnings on average, you got companies that are
growing faster here than they are in the US, and
they're trading at a third evaluation.

Speaker 2 (58:44):
I have just we're watching a scenario. I don't know personally.

Speaker 33 (58:48):
I think, if I had to guess, you're going to
see another big, ugly down day tomorrow or Monday.

Speaker 2 (58:54):
And it's really funny.

Speaker 12 (58:54):
You look at the chart.

Speaker 33 (58:55):
We've got a nice little downward trajectory going today. Today
you tried to wrap above that down trend line and
you got above it, and then throughout the trading day
it leaked. Guess where he stopped at the end of
the trading day, just at that trend line. Okay, so
I there is nothing that's been fixed here, not even close.

(59:16):
And if and if we're if you just if all
you did was tariff China fifty to sixty five percent,
that puts you in recession and we're celebrating it with
a market trading it close to thirty times earnings.

Speaker 2 (59:28):
It's insane, man, It's like it's chaos.

Speaker 5 (59:31):
It is.

Speaker 2 (59:32):
It is chaos.

Speaker 33 (59:33):
And then you look around. You know, what is it
that investors own the most of by by records? Now
what do they own the least of they own the
most of US stocks, they own, the least of commodities
specifically gold, and the least international exposure they've ever had. Again,
I'll keep repeating it. They say they don't ring a

(59:53):
bell at the top.

Speaker 3 (59:54):
They just did.

Speaker 2 (59:55):
Yeah.

Speaker 3 (59:55):
Absolutely, talking to that Abraham, chiefvestment officer for at Board Capital.

Speaker 2 (59:59):
You know, the mart is insane.

Speaker 3 (01:00:02):
And they come out, what is Tesla down seventy some percent,
seventy one percent? You know when just as far as
what they thought they were gonna earn, they're off in
a major way. They come out announced this week I
look and their stocks up, and I'm thinking to myself,
it's not because they're shedding a bunch of stuff, doing
a bunch of stuff, leanning, you know, going lean and mean.

Speaker 2 (01:00:21):
It's just because people are like, oh, this is a
great time to buy.

Speaker 3 (01:00:24):
I sit there and I go, man, this is gonna
be there's blood in the streets coming and people.

Speaker 2 (01:00:31):
You and I talked about it last week.

Speaker 3 (01:00:33):
Many of these young traders in particular, who are now
in their forties, have never ever seen a bear market,
or they've seen some down days. COVID doesn't really count.
That was chaos, and that's a once in a millennial thing.
These people think that they're all Warren Buffett and it's
gonna be fine.

Speaker 2 (01:00:51):
Yeah. Well, so here's a perfect example of what I mean.

Speaker 33 (01:00:53):
Okay, the largest position, the largest single stock name in
our book. Okay, now not not even close to the
largest sector exposure be out, but largest single name in
our book is Google. Okay, if you add in after hours,
Google beat earnings expectations this quarter by thirty four percent,
and if you look at after hours the stock is

(01:01:14):
at is up seven.

Speaker 2 (01:01:15):
And a half percent on the day.

Speaker 33 (01:01:16):
Okay, here's how stupid this market has gotten that Google
is the cheapest of all the meg seven names, and
yet it's the name that has virtually zero exposure to China,
still growing at fourteen percent a year, crushing on margins,
and it's trading at half the almost half the valuation
to Apple.

Speaker 2 (01:01:36):
It like it's it's everybody's like, oh, are you shocked
by those Google numbers? And I'm like, no, not at all.
That's why it's our biggest position. Like, well, didn't you
think that China.

Speaker 33 (01:01:46):
Expot they don't have any China exposure? Read a ten
k for god's sake, do some kind of research. And
it's it's frustrating because stocks are trading for every reason
than fundamentals. At the same time, that frustration is paired
with incredible enthusiasm because I have never seen and a

(01:02:09):
lot of it, unfortunately is going to come on the
backs of retail investors. But while everybody is chasing all
these ridiculous names, like I said, I've been doing this
for seventeen years, I have never seen as many cheap
quality assets that nobody's interested in. And it's sort of like, hey,

(01:02:32):
who wants one hundred bucks? And everybody starts like climbing
over each other. It's like a riot, like, hey, who
wants a million? And everybody's like, no, no, don't bother
us that we're chasing one hundred dollars bill. It's nuts.
But I'm also licking my chops. I'm thrilled with the
opportunities we're taking advantage of on a daily basis.

Speaker 3 (01:02:51):
So, talking to Zach Abraham, chief'sment officer board Capital, you
look out there, obviously, I feel like there's going to
be a recession as well. And I know people are like, oh,
you know, because when I talk about it, you know,
on the radio, people figure, oh, you hate Trump. It's no,
it's not about that. That's just the reality. I don't
know what he's doing. I don't think it's some magical
thing that he's doing. And you know, the people out

(01:03:12):
there were like, you don't even understand. He's playing forty chess.
He's going to crash the market, force your own pial
to either quit or drop rates. He's going to refinance,
and our debt's gonna bee. You know, they play out
all these scenarios. What's the average person think and what's
the voter think? Because that may be great for the
nation if that was to come true long term, but

(01:03:32):
short term, the voter and the consumer aren't gonna be happy.

Speaker 33 (01:03:38):
Whoa, I okay, so let's pretend they're right. Why do
you own a bunch of US stocks? I will bet
you the farm and every animal on it that that
is not what Trump is intending to do. Just like you,
I am not at all anti Trump man. I am
cheering all the I am cheering them on. I am

(01:03:59):
pro do Okay, I'm cheering on Elon Musk.

Speaker 2 (01:04:03):
I'm pro doje.

Speaker 33 (01:04:04):
Guess what our single biggest winner this year has been
shorting Tesla. Why I don't let my politics get in
the way of my of my investing. Can't do it
if I think we have an opportunity to make sixty
percent in the space of sixty days short No excuse me,
what was that twenty days shorting a stock?

Speaker 2 (01:04:22):
I don't care if that.

Speaker 33 (01:04:24):
Offends your political sensibilities. I want to make my clients
that sixty percent return in two weeks, you know, on
one stock, obviously. But guys, you can cheer for Trump.
It doesn't mean you need to go buy a bunch
of irrationally priced assets that are there based on greed,

(01:04:45):
not on support for Trump.

Speaker 2 (01:04:47):
It's greed.

Speaker 33 (01:04:49):
Okay, don't be confused. And I'll just betch I guarantee
you take a look at Scott Besson.

Speaker 15 (01:04:57):
Right.

Speaker 33 (01:04:58):
If you think he's just sitting there all loaded up
on US stocks, you're.

Speaker 2 (01:05:02):
Out of your mind. You're out of your mind.

Speaker 33 (01:05:05):
And guys, the other thing is, and I don't know
how many times people need to say this, this ain't
Trump one point zero.

Speaker 5 (01:05:13):
Okay.

Speaker 2 (01:05:14):
When Trump came in.

Speaker 33 (01:05:15):
After sixteen A, he was coming in after eight years
of ridiculously bad economic management from the Obama administration.

Speaker 2 (01:05:26):
They didn't do anything.

Speaker 33 (01:05:28):
All they did was rely on zerp zero interest rate
policy and have the Fed print and fill the hole.
So Trump comes in, corporate tax cuts, business is back on.
SMP was trading at seventeen eighteen times earnings at that point,
and the economy took off. We're literally in the opposite
position now that we were in the first time he

(01:05:49):
came in. Right, you got the market virtually double, the valuation,
debts are higher, growth is falling. Kay, You've already got
the corporate tax cuts. Our government is cutting spending, which
is great. Long term, we need to do it, but
that short term hits GDP.

Speaker 2 (01:06:07):
It's just math.

Speaker 16 (01:06:09):
Right.

Speaker 33 (01:06:09):
So my biggest thing to people is listen. If you
are super pro Trump, you're better off going into the
next election with a substantially higher account balance so you
can donate to his next campaign. Don't sit there and
get run over because you own a bunch of irrationally

(01:06:31):
priced stocks. Trump isn't the reason that, like I said earlier,
he's not the reason they're irrationally priced.

Speaker 2 (01:06:37):
No, it's greed. Yeah, it's greed.

Speaker 33 (01:06:39):
That's what It's fifteen years of a market going straight
up and it being the only game in the world
right that all of those conditions have changed, change with them,
change with them.

Speaker 2 (01:06:51):
It's crazy.

Speaker 3 (01:06:51):
It's crazy talking to Sack Abraham, Chiefsment Officer, Board Capital.

Speaker 2 (01:06:54):
People want to.

Speaker 3 (01:06:54):
Reach out to you because they would be foolish not to, Zach,
I tell that to everybody.

Speaker 2 (01:07:00):
Don't be full.

Speaker 23 (01:07:00):
What do they do?

Speaker 3 (01:07:01):
How do they reach out to you? How do they
get that second opinion?

Speaker 29 (01:07:04):
Yeah?

Speaker 33 (01:07:04):
Man, I First of all, I think the easiest thing
to do is listen to our daily show, The Daily Dots,
where we go over all this stuff in real time,
and usually it's about twenty five to thirty five minutes
and you can get that by just going you can
get We can watch the video feed on YouTube Know
Your Risk podcast. Go to Know Your Risk Radio dot com.
Subscribe to the podcast. We do this show every day

(01:07:26):
and then a longer extended show on Fridays. Or go
to Bullwarkcapitalmanagement dot com. We got a roadshow coming up,
and I just want to say this man, Obviously I
want to grow my business. We want to, you know,
bring in new clients. At the same time, even if
you don't listen to me, go diversify your portfolio with
some GLD, some international exposures, some Japanese, South American stuff.

Speaker 2 (01:07:50):
Just go Now, do I think you could do better
coming up?

Speaker 5 (01:07:54):
Sure?

Speaker 33 (01:07:54):
But just you don't need to sit there and take
it on the nose. Trump is a billionaire. Regardless of
what happens over the next two years. You're not okay,
so act accordingly.

Speaker 3 (01:08:05):
Absolutely, you're the man as I always love having you on.
We'll do it again next week. Investment Advisory RESERVERCE off
with the check financial LLC and sec register. Investment Advisor
Investments fault RESUD not a guarantee passforce not guarantee future
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Speaker 2 (01:08:38):
One trip to the ship if you will.

Speaker 3 (01:08:41):
The app of Prize Picks so easy to use, and
right now when you use my code, Chad, you get
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Speaker 2 (01:08:50):
So easy to do.

Speaker 3 (01:08:50):
Remember it's above, it's below, it's more, it's less. It's
that simple to play. So let me explain to you
how you do a lineup? Are you ready for this
five dollars line fifty dollars?

Speaker 2 (01:09:01):
Win or lose? The minute you play that five dollars
line up. Let's say you go, hey, Lebron.

Speaker 3 (01:09:05):
I think he's gonna score more than twenty one and
a half points this game.

Speaker 2 (01:09:08):
And then you're like, you know what, I'd like a
little Mason ball has been better bety good to me.
I think Mookie is gonna have more than one and
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Speaker 3 (01:09:19):
Five dollars lineup, you play it, win or lose the
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Speaker 14 (01:09:44):
If you like talk radio, like Chad Benson likes his meals,
you've come to the perfect place for takeout.

Speaker 2 (01:09:51):
You better hurry and get that real ID, real fast.

Speaker 25 (01:09:55):
So this all starts May seven, So remember that because
that's when you're gonna need this to get through airport security.
We actually have a photo of one from Ohio. Take
a look at that. You see that little star on
the corner right there. That's how you know that it's
a real ID. So if you have that, you're good.
And a lot of people actually, if in many states,
if they renewed in the past few years, they actually

(01:10:16):
may already have it. So you may have that already
at home. But I don't want you to panic, Rebecca.
I don't want you to panic because a little bit right,
because you still can use your passport to get through.
So if you have a passport and it's current, you
can get through airport security for those domestic flight.

Speaker 3 (01:10:31):
Good luck with that because there are some states that
aren't ready for it. I just the frustration level I've
heard from so many people because every state's different when
it comes to documents.

Speaker 5 (01:10:43):
What kind of paperwork do you need?

Speaker 25 (01:10:46):
That's the problem too. Each state is different. So I'm
not going to tell you which document you need because
each state has different requirements. So you want to get
these two websites DHS dot gov that's Homeland Securities website
and your state's individual web site.

Speaker 5 (01:11:00):
Check those to see what documents you need.

Speaker 25 (01:11:02):
Then get a checklist, just write it out because you're
just going to need to take these documents with you
or you're not getting that.

Speaker 3 (01:11:08):
Real idea, which would be a nightmare.

Speaker 15 (01:11:10):
Right.

Speaker 3 (01:11:10):
I've heard from so many people depending on what state
you're in. Kentucky, they're not even ready for anything. They're
not going to be ready at all, even if you
went there today. The frustration levels to the roof, and
I love how they end this segment on the old ABC.

Speaker 18 (01:11:22):
I don't know if you know the answer to this,
but why do why are they doing this? Why do
we need a real idea? What have a to of
the old fashioned one that everyone had?

Speaker 16 (01:11:29):
I don't know.

Speaker 2 (01:11:34):
That's the best answer.

Speaker 3 (01:11:35):
I don't know. I mean, if it was that important,
why didn't we do it years ago? Well because it
kept getting put off. I have no idea.

Speaker 2 (01:11:41):
Is something going to change the day after? Like you,
something crazy is gonna happen.

Speaker 3 (01:11:45):
I have no idea. Well, it's about facial idea. It's
about facial recognitions. But it's it's ridiculous. Three two, three, five,
three eight, twenty four to twenty three at Chad Benson's show.
That is your ex that is your instant, that is
your Facebook and your YouTube. And we love it when
you reach out to us and you know, like and subscribe.

(01:12:06):
That really helps out the program as well. And if
you miss any of the show, shame undergrad the podcast
right here in the Ched Benson Show. Coming up our
number three of the program, Buddy Jim Kennedy. Kennedy insue
Public Policy Research going to join the program We're going

(01:12:26):
to talk about a.

Speaker 2 (01:12:27):
Lot of different stuff.

Speaker 3 (01:12:28):
It's California stuff, and they're insanity there as Gavin Newsom
is trying to really separate himself from the crazy that
is the Democrats.

Speaker 2 (01:12:35):
Talk a little bit about that.

Speaker 3 (01:12:36):
Plus we're going to talk a bit about the Pope
being laid to rest and stop taking selfies was the request,
which is just mind boggling that they still had to
put that out. There, got some immigration news, we got
your watch trending, and of course we've got you finally
Friday Sounds as well. So a lot of stuff still
come up in the third hour straight at you miss

(01:12:58):
any of it, shame on you be the podcast. It
is the Chad Benson Show.

Speaker 14 (01:13:02):
This is the Chad Benson Show. The Chad Benson Show.

Speaker 3 (01:13:31):
It's about the economy. Everybody knows it. Yet he is
the troller in chief. He's able to flip the switch
and get people talking about everything else, which is everything
that the Democrats tend to do. The minute he does

(01:13:56):
something that gets the media to go. Yesterday was a
perfect example with his Trump twenty twenty eight hats.

Speaker 4 (01:14:06):
The Trump Store is selling this Trump twenty twenty eight hots.

Speaker 5 (01:14:12):
It's a great troll.

Speaker 4 (01:14:14):
But I also think that this it almost feels like
something that maybe they should have launched, you know, forty
five days ago when they were kind of riding on
the post inauguration high.

Speaker 6 (01:14:25):
They view it as getting the left wing angry right right,
and if they can get them insisted Trump.

Speaker 5 (01:14:31):
Did you see the Trump twenty eight You can imagine
these hats, they say, twenty eight. That's what that helps you, right,
Look at D's crazy left wingers.

Speaker 33 (01:14:41):
They're going crazy about the twenty twenty eight hats, right,
And that's the goal.

Speaker 2 (01:14:47):
Goal achieved.

Speaker 1 (01:14:51):
It was.

Speaker 2 (01:14:51):
I got so many text and tweets yesterday from people,
can you believe this? I told you?

Speaker 3 (01:14:56):
I go, well, I guess you're right? Or or are
you talking about it and not worried about the potential
of a trade war with China which they don't want.
And it's not because they're like, oh we really like
America's No is they need our goods, they need our
money there. They would be just and are just as
much in trouble if there was a long battle when

(01:15:25):
it comes to trade. But all it took was one
little thing of merch blewing on and the media cover
it and trolls the hell out of it, and everybody's like,
a it's perfect. And by the way, I said to

(01:15:45):
one person, are you are you sure it's Donald Trump?
It's not Don Junior, it's not a Vanka, it's not.

Speaker 2 (01:15:52):
Eric whoa whoa whoa.

Speaker 12 (01:15:56):
Maybe.

Speaker 3 (01:15:58):
I mean, you guys all think they're just He's a king,
right that these dictators just going to hand it over
to his kids anyways, and nobody's ever going to vote again.

Speaker 2 (01:16:05):
On how many times I heard that in the run
up to last year's election.

Speaker 5 (01:16:11):
And to that extent it works. Also, who's into fleecing
his firstival?

Speaker 4 (01:16:16):
But I think that he're onto something here because it's
not just the hats. There's a lot of the first
hundred days that's been about how can we poke the bear.

Speaker 5 (01:16:25):
Being absolutely, they don't have the successful in voters.

Speaker 9 (01:16:29):
They don't have anything to improve the lives of their
voters except we hate who you hate.

Speaker 5 (01:16:34):
And Dan's exactly right. It always works and it always scores.

Speaker 2 (01:16:39):
Keep doing what you've been doing.

Speaker 3 (01:16:44):
If it works until it doesn't, then pivot And right
now this is working, so why change.

Speaker 8 (01:16:55):
It?

Speaker 3 (01:16:55):
Still about the economy, younger generation, older generation, Yes, immigration,
do process these are big questions that need to be asked.
The court battles, the dei and stuff, but it's still
the economy that drives us as voters and as Americans.

(01:17:18):
If the economy's bad and everything else is great, as
far as the other things, the immigration thing Ukraine and
what goes on in Israel and Gaza, and if that
all gets sorted.

Speaker 2 (01:17:31):
Out and the economy sucks, doesn't matter.

Speaker 3 (01:17:37):
If those things are kind of but the economy's great,
people won't care. I always compare it to a winning
sports team, and how many times you hear after the
fact how bad the locker room was, how guys couldn't
stand each other, how it was a mess in there.

(01:17:58):
But because they were winning, it never got out and
it didn't matter. The minute they didn't win, those things
were magnified. And it's the same thing. If you win
the economy, everything else takes care of itself or it
doesn't matter. And the Democrats aren't winning the economy argument either,

(01:18:23):
even though Trump right now has got a younger generation
particular worry.

Speaker 19 (01:18:28):
Yeah, this I think is a revolt, a revolt that
is going on within the Democratic Party right now. Democrats
and their leaders, I mean, take a look nationally. Hello
Democrats on dem leaders in Congress the belief that they
will do the right thing when it comes to the economy.

Speaker 5 (01:18:43):
Last year, at this time, eighty percent believe.

Speaker 19 (01:18:46):
That the Democratic leaders in Congress who do the right
thing when it comes to the economy.

Speaker 5 (01:18:49):
And keep in mind this as Democrats.

Speaker 20 (01:18:51):
Look at where we are now, that number has been
slashed in half to just thirty nine percent, Holy Toledo.

Speaker 5 (01:18:57):
That is the lowest number by far are in Gallup polling.

Speaker 20 (01:19:01):
The lowest previous was just sixty percent, which is twenty
one points higher than this. Democrats hate hate, hate, hate
what they're congressional leaders in Washington are doing right now
on the key issue of the day, the economy, and
their confidence has.

Speaker 5 (01:19:15):
Fallen through the floor.

Speaker 3 (01:19:17):
If I'm Trump, I want them talking about immigration, Supreme Court,
due process, all of the things that have nothing to
do with the economy, because the minute that gets brought up,
people are worried. I don't sugarcoat here. If you want affirmation,
somebody else is going to deliver that. If you want

(01:19:38):
information with an opinion based on data in facts, we're here,
and yes, you can skew data in facts, and that's
the problem in today's modern world.

Speaker 2 (01:19:48):
And I explained that last night on My Life. You
have a chance to check us out.

Speaker 3 (01:19:51):
Pretty much nightly we do something on YouTube and that's growing,
and we do a lot more things in the coming
weeks and months. But the frustration that I have at
times putting you know, somebody asked me, well, I get
a lot of it.

Speaker 2 (01:20:07):
Who do you go to?

Speaker 5 (01:20:08):
What do you?

Speaker 2 (01:20:09):
I said, let me tell you some I get up
so early to do my show.

Speaker 3 (01:20:15):
I'm up and start working anywhere between you know, four
and five hours before my show, because I.

Speaker 2 (01:20:20):
Understand that I have to dig. I have to find.

Speaker 3 (01:20:26):
The info I'm looking for from several different sources, because
omitting things to me is just as dangerous as the
quote unquote misinformation, disinformation lies. What is that supposed to me? Well,

(01:20:51):
if you tell me only your side of the story,
you give me only your team's score, I don't know
what happens. So I have to puzzle piece things together
because I want the information. Yes, you can take data,
and you can give me a portion of that, but
it doesn't mean I'm not going to go check it elsewhere,
because based you know, listen to Poles, I'm going to

(01:21:13):
play a pole here about gen Z and gen Z's worried.
And there are several poles out there Harvard, we did
last hour. This one, I think is what is a
CBS or an NBC poll.

Speaker 2 (01:21:28):
They're worried.

Speaker 3 (01:21:29):
They look at the economy, they see things are really
not going well as far as their life. They got
bills to pay, they're coming out of college with the
mortgage essentially that it's tied to them, and they're frustrated. Well,
is this true or is this just they're just asking

(01:21:50):
a certain group.

Speaker 12 (01:21:50):
No, So you go, what do I have to do?

Speaker 3 (01:21:52):
I have to find three or four poles, put them
together and go, yeah, this kind of fits it. So
when I talk talk about data in facts, it's not
dat in facts based on the place I want the
data in facts. I'm going to try to find all
of that stuff, puzzle piece it together and give you
a picture that's not about affirmation but information.

Speaker 34 (01:22:16):
We've got some more new numbers from our NBC News
Stay tuned pole. These numbers focus on gen Z Americans
and they are highly critical of President Trump's handling of inflation.
Among Americans aged eighteen to twenty nine, yearly seven and
ten disapprove of mister Trump's handling of inflation and the
cost of living.

Speaker 5 (01:22:33):
You nailed it.

Speaker 34 (01:22:34):
They really do have this negative view of inflation of
the cost of living, just simply about.

Speaker 5 (01:22:39):
The price of.

Speaker 2 (01:22:40):
Things like eggs.

Speaker 5 (01:22:41):
The price of eggs came up, as it does with
every generation.

Speaker 24 (01:22:43):
Also, I spoke with one young woman who says, I'm
living at home with my parents because I can't pay
for rent otherwise.

Speaker 2 (01:22:49):
And my friends who aren't wish that they had a
safety net.

Speaker 17 (01:22:52):
Like I do.

Speaker 3 (01:22:55):
That poll that we talked about last hour Harvard four
and ten young adults under the age of thirty say
they're scared and they're struggling, and they're barely making ends meet,
and only about thirteen percent say they're doing well. I mean,

(01:23:16):
those are real numbers. Again, it's the economy. The economy,
it's not hard to see that. And the Democrats, like
we said, doesn't matter as bad as you think Trump's
doing Democrats, you guys aren't doing well either. You are
a part of this nightmare because the last four years now, Trump,

(01:23:39):
you got to figure something out.

Speaker 2 (01:23:40):
I don't know if a trade.

Speaker 12 (01:23:41):
War was it.

Speaker 3 (01:23:43):
I'm thinking it wasn't. But we'll see what it looks like.
And remember, what might be good for us long term
might hurt short term. That's life. But you also live
in a world of politics, and politics will well, as
you guys know, very short term. Our memory is extremely
short term. And what might be something where we look

(01:24:07):
out in four or five years ago, Wow, it was
definitely the right thing to do. But I guarantee you
if over the next several months things don't go the
right way and we get into a point where we
might get into a recession, it will be the Republicans
that pay the price for it. And while Trump's not

(01:24:30):
on the ballot in twenty twenty six, he is in
some ways because the Republicans pay the price for this
as the ruling party tends to do what ends up happening. Well,
he'll have two years where he potentially is not just
a lame duck but maybe a sitting duck for a
gazillion investigations which you know will be coming.

Speaker 2 (01:24:57):
But if the economy's good, yeah, nothing to worry out.

Speaker 3 (01:25:00):
Three, two, three, five, three, eight, twenty four to twenty
three at Chad Benson Show, is your Twitter tweet as
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What's trending straight ahead Chad Benson.

Speaker 14 (01:26:16):
Show, Chad Benson.

Speaker 2 (01:26:30):
No, it's time to find out what's trending.

Speaker 5 (01:26:33):
What's trending?

Speaker 35 (01:26:35):
James Dean, Norway, Oman, Pakistan, Qatar, Russia, Serena.

Speaker 12 (01:26:50):
Cheesecake Jump the bloom.

Speaker 5 (01:26:54):
What trapping.

Speaker 3 (01:26:59):
That's fine, that was trending on the internet. What do
you bet a lot of it has to do with politics?
Now the NFL draft number on trending thing right now Twitter,
hid Or Sanders fell out of not just the top ten,
but the first round itself. Falcons, Ravens, Giants, Eagles, Rams,

(01:27:27):
Kiev is trending as they got hit, mel Kiper Gold trending, Chargers, Bengals,
Saint Louis, Blues, all things trending in the magical world of.

Speaker 12 (01:27:45):
Twitter.

Speaker 3 (01:27:48):
Over to Yahoo NFL draft, Donald Trump trending, Pelican attack
and I was an attack in India, tourist massacre right
there in Kashmir. It is a bad situation trim Pakistan
and India, who are already.

Speaker 2 (01:28:08):
Not good friends. And by the way, they both have nukes.

Speaker 3 (01:28:12):
M Yeah, just putting that out there, Mike, get ugly,
is what we're saying. Finally, Over to Google. Number one
trending thing, two million searches an FL draft, Chador Sanders,
Russell Wilson trending, Ashton Genty. It's a football player for

(01:28:39):
those who don't know.

Speaker 2 (01:28:40):
Now, a raider, a raider Trump store.

Speaker 12 (01:28:48):
So funny.

Speaker 3 (01:28:50):
Three two three five, three eight, twenty four, twenty three
at Chad Benson Show. That is your ex your Instagram,
your Facebook, and yes, your YouTube, Like and subscribe to
the Jetmanson Show. All things trending in the magical world

(01:29:12):
of Yahoo, Google and Twitter. What do you expect? The
NFL still dominates everything. Number one television show and entertainment
in the country is the NFL. Shoudeary Sanders, who thought
he was going to be the top five pick, he wasn't.

Speaker 2 (01:29:36):
Afterwards, this is what he had to say.

Speaker 13 (01:29:38):
We all didn't expect this, of course, but I feel
like with God, anything possible, everything possible. I don't feel
like this happened, you know, for no reason. All this
is is of course fuel to the fire and under
no circumstance. We all know this going to happen, but
we understand we own the bigger and better things tomorrow.

(01:30:00):
Today we're gonna be happy to regardless.

Speaker 12 (01:30:03):
That's it there.

Speaker 3 (01:30:06):
Well, you know, having a dad Neon Dion Sanders like that.
The guy's got a lot of confidence. It did not
go the way he thought it was gonna go. He'll
get picked probably today and he's got tons of talent
and he if you talk to. He's also got attitude
is what a lot of people say, which, as we know,

(01:30:28):
isn't always great. But he also played on a team
that gave up a ga billion sacks. So and so
much of the NFL draft is where you get picked. Man.
You may go to a team that is all about
building and developing a quarterback. You may go to a

(01:30:48):
team that's just awful at that, and he pay the
price for it. Some of it's just the luck of
the draw. If you're missing the show, the podcast Chad Benson, jew.

Speaker 1 (01:30:58):
Son, Chad Benson, Joe, The Chad Benson Show at that

(01:31:22):
time of the week is down talk to our abuddy
Jim Kennedy Kennedy Institute of Public Policy Research.

Speaker 3 (01:31:28):
We talked about.

Speaker 2 (01:31:28):
Politics and all kinds of things. Jim, you might have
a brit.

Speaker 3 (01:31:32):
So when I was in California, we had an Austrian
American as a governor, and now a brit is running
to be the governor of California. And Steve Hilton, the
Fox guy, and yes he is a brit but he's
also an American and he can't run for president, but
he can be governor.

Speaker 24 (01:31:51):
Yeah, it's interesting, see how that's going to pan Out.
He's a former David Cameron advisor. He's been he's at
a Fox show for quite a while, and he's been
very vulc go in California. He's put together a book
on making California the Golden State, or making California Golden Again,
type of you know, a book that's kind of things
that you put together before you run for governor.

Speaker 12 (01:32:11):
I'm not confident that it'll go.

Speaker 24 (01:32:13):
There are a lot of people that I was running
into on social media you launched his campaign on Tuesday
that were that were very enthusiastic about him. And unfortunately,
because we don't the Republicans don't ever get good candidates
to run for governors. They get the guy that was
the former assistant treasurer of the State of California, who
twelve people couldn't pick out in a lineup.

Speaker 12 (01:32:34):
We just get bad candidates.

Speaker 24 (01:32:36):
Or you get a guy who's an entrepreneur, kind of
wants to make a name for himself, who's the rich
guy who thinks he can buy the governor, you know,
the governorship, and it just never really pans out well politically.
I think Steve Hilt's got good chops, but it's still California.
I don't think even with what you would think would
be all of the anger in southern California now after
the fires and how badly that's been handed handled, and

(01:32:57):
again with the budget deficit problems and the crime problems
in San Francisco and the homelessness and the fentanyl, and
I can go on and on in gas prices and taxes,
that you would think that the people are fed up enough.
But just kind of to me, you just go look
at Oakland. They just elected Barbara Lee as governor. And
she's a woman who campaigned on the fifty dollars an
hour minimum wage. Yeah, which if you can't understand why

(01:33:18):
that is just beyond sanity crazy. I mean not even like,
oh well, that's kind of a crazy idea that that's
not even crazy. There is no economic basis for that,
and it's purely something where it's an emotional pitch because
there is nothing that you could write economically to justify that,
and how there would be any way that that would

(01:33:38):
not create mass chaos in the labor market in the
state of California. You want to drive people out of California,
You want to drive the businesses you haven't driven out
of California. That's how you drive the businesses out of California,
and that's who Oakland chose to be their mayor. So
clearly the Democrats have not reached bottom. We have not
reached bottom in the state. And so many people say, oh,

(01:34:00):
the Democrats are fed up, They're going to vote for Republican.

Speaker 12 (01:34:02):
No, they're not gonna vote for a Republican.

Speaker 24 (01:34:04):
They may vote for a less radical Democrat as governor,
but they're not going to vote for Steve Hilton. He
who just to have a Fox show, And they're not
going to probably vote for somebody that doesn't have a
d NEX name, at least in this cycle. Maybe in
twenty thirty, if we things get so bad, we're basically
someone's got to raise the white flag on it. But
at this point, no, I mean, I wish him well

(01:34:25):
and everything, but it just I just don't see a
way that this ends well. I mean, he might squeeze
into the runoff with whoever is going to be, whether
it's if Kamala runs or kay Katy Perry not Katy Perry,
Katie Porter, and whoever else you know whose name will
show the or the lieutenant governor who the most liberal

(01:34:46):
person I know can't even name, that's how bad her
name recognition is. But no, at this point, I don't
see how they're going to how Hilton's going to do anything.
We've also got another semi prominent Republican, Chad Bianco, who's
the governor or, the mayor, sheriff, sheriff thank you, of
Riverside County, who's running two on a much more right
wing platform, and he would probably be a more law

(01:35:09):
and order candy. But there's no way in you know,
in California that even with all the crime problems that
somebody would dare think somebody who actually believes I llegal
alien should go home and criminals should serve out their
sentences is going to get elected. Still as bad as
California's fall, and we still have not got back to
reality yet.

Speaker 3 (01:35:26):
No, although you know, Gavin, it's evident he's running for
president and Jim Kennedy Kennedy issue of Public Policy Research,
and I know that guy who uh illegal alien killed
two people drunk, got jail time, and they're like, we're
gonna let him out early.

Speaker 2 (01:35:42):
And Gavin's like, no, this is not an ideal thing.

Speaker 15 (01:35:45):
You know.

Speaker 3 (01:35:45):
It's like he he gets that. Okay, I'm gonna have
to now really get away from all of this stuff.
And just basically I think the state is just running itself.
Gavin's just doing whatever he wants to do. Biden time.

Speaker 12 (01:35:57):
Yeah, no, Yeah, there's a lot of inertia there with this.
They just does what it does.

Speaker 24 (01:36:01):
It's got a very strong, you know, very progressive liberal
Democrat base of Apparachnicks if you want to call him
that running the state. The legislature is more than eighty
twenty Democrats, and they can pass whatever bill they want.
And they basically even if Gavin decided, well, you know what,
this isn't good for me to sign, they can override
his veto.

Speaker 12 (01:36:19):
So yeah, it's pretty much there is nothing.

Speaker 24 (01:36:21):
I mean, yeah, sure, maybe the first step to getting
getting California de democrat it is to basically start electing
more Republicans into the state legislature to try to stop
some of the crazy law. That's where a lot of
it comes from. I don't think a lot of the
crazy ideas are Gavins. Soh Gavin does have semi crazy ideas.

Speaker 3 (01:36:37):
Yeah, but I don't think a lot of them are
I think, and that's his perfect ploy when he goes
and runs and says, look, guys, I tried to do
everything I possibly can, but the reality is simply this.
I was not needed as far as signing anything for
it to go through. They could have overridden me at
any given time and there was nothing.

Speaker 2 (01:36:55):
I could do to stop it.

Speaker 12 (01:36:57):
Gavin is victim.

Speaker 3 (01:36:58):
Well, it's just an easy one to at least try
to go out there and say when you do run
for presidents that this is what happened. And yes, I
tried my best, but you know, what are you gonna do?

Speaker 24 (01:37:13):
Yeah, it's interesting because I've been you know, I watched
Gavin on a fairly regular I'm not watch him personally,
but watch his moves on a fairly regular basis. And
last August he went out and started and announced that
they were going to start cleaning up cities. But he
wasn't taking the homeless people, you know, he wasn't being
permissive about that anymore, and they wanted them. He was
going to require that they start cleaning up the cities

(01:37:35):
and went out there, did you know, did some performative
news clips that he got on TV. I thought that
was a turning point, but then come the end of
the legislative session. He's signed a bunch of horrible bills
that are you know, they're going to hang around his
neck if there were, if anybody is smart enough in
the Republicans.

Speaker 12 (01:37:52):
So I thought, you know, then I was like, well,
where is he going with it?

Speaker 24 (01:37:55):
You know, he didn't, he didn't stay down that line,
but like, yeah, with this move, I think, you know,
I think he is back in on this when that
was the que Okay, he's back for running for grevorent
or for president. I don't think he changed his mind,
but I think he maybe could only go so far
without pissing off the people in Sacramento or something. But
you know, yeah, he's one hundred percent running. There really

(01:38:16):
isn't any question on that. The question is is I'm
not necessarily scared by him running because I just don't
see him playing well. He is going to look like
a psychopath in a lot of the Midwestern states. I
don't know the way that he's going to basically kind
of tone down that look and that sound. And he's
got so much of a skeleton closet that it's like,

(01:38:37):
I mean, it would be like a Bill Clinton harrim
coming out there. And I don't mean necessarily in fidelity.
It's just I just mean legislation, and he got his
name on in policies and taxes and the things that
he stood for. I mean, at one point when he
was running in twenty and eighteen, he said he would
kill high speed rail, which was Jerry Brown's Won't Beam

(01:38:58):
two point zeros boondog a legacy, and he said that
he would kill it, and then as the years went along,
he never killed it, and now is a fairly decent
supporter of it. Though I don't know where the money's
gonna keep coming from, so I don't you really know
he's I don't know what he thinks he can do
to get to run away from his past, but maybe
he can. Other people have done it in the past.

Speaker 3 (01:39:19):
And it also depends what happens with this administration, because
if everything goes sideways, as you well know, it really
would matter because we're a fickle bunch. Talking to Jim
Kennedy Kennedy Institute of Public Policy Research, you know what,
speaking of that, like this administration, Jim, I don't know
where we're going to be honest, you know, I tell her,
and you know me, man, I don't I'll call balls

(01:39:40):
and strikes all day long. I don't care.

Speaker 2 (01:39:43):
I'm not sure what's going on with the tariffs.

Speaker 3 (01:39:45):
I don't think anybody else that, and the economists and
the people I talk to, they don't seem to know.
And when it comes to some of this other stuff
that's happening out there, it just feels like the noise.
Trump is enjoying the noise, like putting up his twenty
twenty eight you know, Trump twenty twenty eight hat and
merch everywhere, and he likes the fact that they're fighting
over this, you know, Obrego Garcia guy, because it takes

(01:40:07):
their eyes off the thing that matters to ninety percent
of the country, which is the economy.

Speaker 24 (01:40:12):
Yeah, you're one hundred percent corrected, And I completely agree
on it. I don't know where it was where it's going.
I thought he had a plan. I thought he was
going to try to basically unite all of the Western
or all of the world sands China with deals and
cut deals with everybody and then like, okay, it's a
world against China, guys, you're gonna have to capitulate now.

Speaker 12 (01:40:32):
But that doesn't seem to be the thing. The Europeans
don't seem to be interested.

Speaker 24 (01:40:35):
They would rather pay the tariffs and watch Trump burn
than make deals with them. The Asians are much more
interests of the Japanese, vietmanse and Southeast Asian countries are
much more interested in cutting a deal, it seems with
Trump right now. But yeah, I mean this is something
I don't remember all of the all of the tactics
and art of the deal, but there's something going on

(01:40:56):
with it from what I.

Speaker 12 (01:40:58):
You know, I like this.

Speaker 24 (01:40:59):
I like to hope to believe there is something going
on with it, because I just don't hope that he's
basically just kind of walked us out to a precipice
on the tariffs, and basically he doesn't really have a
plan to either walk it back or or find a
way to bridge to whatever wherever he's trying to go
with this, with this idea and with his economic policy.

(01:41:20):
So yeah, it's it's a little harry. I mean, the
market seemed to be better. I mean, I've got a
friend who's an economist to just every morning I get
I get these rage tweets from him about you know,
about about crazy Orange Man, and he's costing him. You know,
money because of his stock portfolio going down. And he's
a lawyer also who's a big advocate for Trump because
of the judges. To him, the biggest important to him,

(01:41:41):
the most important thing is judges, and he wants all
of those judges to be you know, Republican judges and
not some crazy left wing judge. But even he's you know, going,
you know, this guy better have a freaking plan because
I'm not pleased by this, and he's he's irritated by
it quite a bit.

Speaker 12 (01:41:56):
So so yeah, it's I really do hope there's a plan.

Speaker 24 (01:41:59):
I don't know that there is, and only time will
tell this, you know, six months from now, that he
may turn out to be a genius or he may
turn out to be the buffoon.

Speaker 12 (01:42:08):
And all everybody in the left wing keeps telling me
they believe he is well.

Speaker 3 (01:42:12):
Luckily for the people on the right, they're bigger buffoons
at this moment in time. What do you make of
the insanity of you know, there are so many things
you can go after Trump for right now, and the
economy's number one, but like going down and causing a
ruckus in El Salvador, trying to get back somebody where
they're like, President, you need to demand this guy comes back. Well,

(01:42:34):
first of all, he was supposed to be deported. Yes,
they should have deported him there, but he was supposed
to be deported and he's in their country, his country.

Speaker 2 (01:42:45):
We don't have a say.

Speaker 24 (01:42:47):
Yeah, no, absolutely. And that's the craziest thing. It's like,
I hope that they just don't stop. I hope all
those congress people went down there said we're not coming
home until you know, he's brought, you know, until he's
released and sent back.

Speaker 12 (01:43:00):
Wonderful.

Speaker 24 (01:43:00):
I hope they stay there, especially Garcia from Long Beach,
the guys, you know, the real piece of work. I
really hope all of them stay there because hey, they'll
miss votes and it'll be five less Democrats the Republicans
have to vote against on whatever bills are getting or
going through the House. So you know, bless their hearts.
I hope they stay there forever it is. Yeah, there's nothing.
I don't know where the Democrats think the.

Speaker 12 (01:43:20):
Win is in this. I just don't see the whole
win and where they think there's a win.

Speaker 24 (01:43:26):
It's oh, because you know, but you know, they want
to remind you it's about due process, Okay, the guy
basically had due process. The problem, like you said, was
they just shouldn't have sent him back to El Salvador.
But he's an old Salvadorian citizen. That's the that's his passport,
that's his you know, that's his native country. You can't
tell the country. Oh, by the way, you started to
send him back here because he actually was here, though illegally,

(01:43:48):
and we need to bring him back so we can
have a hearing.

Speaker 12 (01:43:50):
That finally says, fine, we'll send you back, but we'll send.

Speaker 24 (01:43:52):
You to Guatemala or you know, Costa Rica, rather than
sending you back to Hell Salvador. Because you may be
you may not be a gang member, but you might be.
And if you are a gang member, you may be
in danger, but you're probably or but we but they
keep telling us you're not.

Speaker 12 (01:44:07):
A gang member.

Speaker 2 (01:44:07):
That's why we have you on.

Speaker 3 (01:44:08):
Jim Kennedy, everybody Kennedy inst At the Public Policy research
people want to reach out to you.

Speaker 12 (01:44:12):
What do they do.

Speaker 24 (01:44:14):
Let's see it will be ridy Jim on Twitter, and
it will be Kipper kippr dot substack dot com.

Speaker 12 (01:44:23):
Right on here, go brighty substack.

Speaker 2 (01:44:24):
Go check out a substack appreciate. We'll do it again
next week.

Speaker 12 (01:44:27):
Thanks Chad.

Speaker 3 (01:44:27):
Always love having Jim on. Reach out to him if
you guys have a chance. We'll wrap it up straight ahead.
But first, Roughgreens are you ffgreens dot com. Vitamins, minerals,
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Use that code Chad, you cover the costs of ship
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Speaker 2 (01:45:45):
We're going to wrap it up straight ahead. This is
the Chadmentson show.

Speaker 14 (01:46:02):
Like, yeah, so what it's the Chat Benson show.

Speaker 3 (01:46:06):
You guys smell that you know what that is?

Speaker 15 (01:46:08):
Right? Oh?

Speaker 7 (01:46:09):
Yeah, It's finally Friday, the first Latin American pope in
the two thousand year history of the Catholic Church has died.
The Bishop of Rome, Francis returned to the House of
the Father.

Speaker 2 (01:46:20):
Francis clearly moved by the love of the crowns.

Speaker 15 (01:46:23):
So silent, but you could feel how much people really
cared about him and how much love there was for
this man.

Speaker 5 (01:46:29):
I've got a hundred dollars falking ole. I know how
I said, body is burning old.

Speaker 16 (01:46:37):
I through my fucking in and do my him. Come
on morning, I'll be brown. It's fine Moday. I'm freaking
I've got my mother Roman.

Speaker 5 (01:46:49):
Wow again It's Fine.

Speaker 17 (01:46:56):
The YouTube launched in two thousand and Fine originally as
an online dating service, but soon it's creators found people
were using the site's video upload technology for all kinds
of things.

Speaker 22 (01:47:08):
Cool thing.

Speaker 3 (01:47:09):
What these guys suspend? It's that they have really a really,
really long pumm.

Speaker 16 (01:47:14):
It's fine again, It's fine.

Speaker 5 (01:47:29):
Climate change will make earth a living hell, a living hell?

Speaker 18 (01:47:34):
Why are they doing this? Why did we need a
real idea? What happened to the old fashioned one that
everyone had.

Speaker 5 (01:47:39):
I don't know was he was sad and traumatized that
he was being in prison. Wendy and a thirty hourly unity.

Speaker 16 (01:48:01):
I'm free, allows.

Speaker 5 (01:48:09):
Drove forget.

Speaker 21 (01:48:13):
Day five, no food and nobody has sent me a dollar.
I've lost my food stamps, I've lost my cash.

Speaker 5 (01:48:19):
Benefits.

Speaker 14 (01:48:20):
Section E is on hold, my disability checks are on hold.

Speaker 5 (01:48:25):
This is what the media does.

Speaker 21 (01:48:27):
They take anonymous sources from disgruntled former employees and then
they try slashing burn people.

Speaker 3 (01:48:33):
The most insane thing I ever heard at the bike
chair at the Democratic National Committee.

Speaker 5 (01:48:37):
It's been a corny billion.

Speaker 3 (01:48:38):
Dollars runing against other Democrats, always hold for one against Republicans.

Speaker 12 (01:48:41):
I don't watch the news I like turtles all.

Speaker 5 (01:48:45):
Right, the nuts?

Speaker 3 (01:48:47):
What a week right? Three, two, three, five, four, twenty
three at Chad Benson Show, your ex, your Insta and
all the other things right here on the Chad Benson Show.
Who goodness me, so this weekend? Who knows what's gonna happen?
He is chaos and craziness. Could we be in a
trade war? Might we be out of one? They laid

(01:49:09):
the Pope to rest this weekend as well, and then
the conclave gets going here. But that's not gonna happen
this week. That happens the following week. This week, basically,
it's all about politicking in the world of popen because,
as we all know, kids, poping ain't easy. I will
tell you that right now.

Speaker 2 (01:49:27):
Reach out to those across all of our social media.

Speaker 3 (01:49:29):
You guys, have a blessed and amazing, incredible and safe weekend.
We will do it again on Monday as always, Kids, Night,
Night Jack.

Speaker 14 (01:49:42):
This is the Chad Benson Show.