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April 16, 2024 27 mins
Today on the Jimmy Barrett Show:
  • Israel and Iran updates.



  • Trump on his trial.
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Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
(00:02):
Well, what we need is morecommon sense then breaking down the world's nonsense
about how American common sense will seeus through with the common sense of Houston.
I'm just pro common sense for Houston. From Houston dot com. This

(00:24):
is the Jimmy Barrett Show, broughtto you by viewind dot com. Now
here's Jimmy Barrett. Hey, welcometo the show. We'd start off by
talking about financial libacy or lack thereof, and the mistakes that we all make
as far as our finances go,and in many cases continue to make,

(00:45):
and the lessons we don't seem tobe passing on to our kids so hopefully
they don't make the same mistakes.Is it because we're embarrassed? Do you
think that we don't tell our kidsabout the stupid things we did, Like
the time we ran up the chargecard you know, to the limit and
got declined and got embarrassed by beingdeclined, And how long it took us

(01:06):
in our life before we realized wereally need to pay these things off.
That kind of stuff. Here's agreat example. This is a young woman.
She posted this. She's twenty eightyears old, so I mean young,
yes, but old enough to knowbetter. You would like to think
by the age of twenty eight.Her name is Brittany, and Brittany evidently

(01:26):
her dream vehicle was a Chevy Tahoe. I vote a Chevy hot Tahoe.
They're nice. I like Chevy Tahoes. Of course, the last time I
vought a Chevy Tahoe, it wasa forty eight to fifty thousand dollars truck.
Now it is like, you canspend seventy five eighty thousand dollars on
a Chevy Tahoe, which is mindboggling to me. That's in my pee

(01:49):
brain. That's still the entry priceof a house back in the day,
and I have a hard time imaginingpeople paying that much for a truck.
But okay, Brittany got in herhead that she wanted to get this this
truck I called a truck, it'san suv. You call it whatever you
want. So she goes to adealership and of course she's going in.
How do I make this not soundsexist, Well maybe it is sexist.

(02:13):
She goes in as a by herselffemale. She's married, but she has
never husband with her. And shegoes into this dealership and they start giving
her the hard cell all we canget you in this, we can get
you in this today kind of athing. And before she knows it,
she's got a fully loaded Chevy Tahoethat she's signing for for fourteen hundred dollars

(02:36):
a month car payment. I don'tknow what she does for a living,
but fourteen hundred dollars a month iskind of steep in the car payment category.
But it's just what you oh.Part of the reason why it's the
payment is what it is, andshe financed it for like seventy two months
or something like that just to getit down to fourteen hundred dollars a month.
Part of the reason why it's sohigh is she's trading in another vehicle

(03:00):
that she's upside down on, whichmeans that she owes more on that vehicle
than it's worth. So they rolland I've done this before. I've done
the same stupid thing before. Theyroll the balance into your new card payment.
So instead of owing, you know, instead of financing, she put
no money down. So instead offinancing maybe seventy four seventy five thousand dollars,

(03:22):
she's financing eighty four eighty five thousanddollars. Because there's another ten grand
thrown in there from the last vehiclethat she's upside down on, and that's
how you get into these vicious cycles. And here she is about three years
later, and she realizes that becauseshe's she's checking out the balance left on
her loan and she still owes fiftythousand dollars on the vehicle that's about four

(03:45):
years old. Now fifty thousand dollars, and she's going, I've paid all
this money every month? How couldI? How could I only have it
paid down to fifty thousand dollars?Well, because honey, you financed it
at ten point two percent, whichtells me her credit probably isn't that good.
She probably had to pay an aboveaverage credit rate. But these are
all things you should know going in, right, Or am I being too

(04:09):
picky about this? Am I beingtoo hard on her that at the age
of twenty eight you should know betterthan to do some of the things that
she did. The good news iswell, first of all, I guess
I don't know if maybe I shouldgive her credit for posting this online on
social media, because a lot ofpeople wouldn't do that, they'd be too
embarrassed to do that. But atleast she's teaching a lesson or potentially teaching

(04:31):
a lesson to other people who dothe same thing. And this happens every
day. This happens every day wherewe get caught up in the heat of
the moment we are, generally speaking, and this is one of the one
of the reasons why we live paycheckto paycheck in this country is because we
want when we want when we wantit, and we don't plan for it,

(04:53):
we don't say for it. Wejust do it. More often than
not, if there's credit available,just go ahead and do it. That's
what she did. She just walkedinto the dealership maybe did had no intention
of actually buying a vehicle that day, and before you know, she's walking
out with the keys to this tahoethat she owes the moon, the star
and the suns and everything else on. And that's a hard lesson to learn.

(05:17):
Is a hard lesson to learn.And it turns out that a lot
of us haven't learned the lesson yet. And I'm trying to figure out the
answer to this. The answer,I guess is more financial literacy. But
the problem is is this is somethingthat used to be taught by parents to
their children, or at least anattempt was made. Now, I'd be
the first to say I don't knowhow much interest I really had as a

(05:39):
childhood learning about financial literacy. Ido recall my dad teaching me how to
make change. Yeah, because Iwas gonna cut grass, and that's what
That's what I did when I wasa kid to make extra money. Is
I cut lawns? Of course?Of course. Have you ever seen a
neighborhood cutting lawn. I never seeneighborhood kids even cutting their own lawn,

(06:00):
loan cutting somebody else's lawn. That'shard work, especially here in Texas.
That's hot work. I don't eversee kids in the summertime outside. I
rarely see them outside now. Imean, the world has changed so much.
But at least I was making money, and when I wanted to buy
something, the requirement was I hadto spend my money and and and my

(06:20):
dad would probably always you know,he paid me an allowance in addition to
whatever money I made on my own, but I was still responsible for that
money. So I'd learned a lotof lessons about you know, how quickly
can go through your fingers, andhow it doesn't take long to spend it,
and before you know it, youknow it's gone. And that taught
me a few valuable lessons along theway. But that's not the world we
live in anymore. The world welive in now is I want it when

(06:43):
I want it, and I wantit now, and we're busy keeping up
the joneses that is. That ismore prevalent than ever before, thanks to
social media, because we see whatother people do and they brag about what
they bought or what they did orthe vacation they took on social media,
and you feel compelled to say,well, I want to do that too,
whether you can afford to do itor not. So I used to
think this is strictly a parental responsibility. This is not something the public schools

(07:08):
should be involved in. I'm changingmy mind. In fact, I've completely
changed my mind on that. Idon't know if I trust the schools necessarily
to do a great job with it. But instead of having a math class,
you know, for one semester orfor one year, maybe we should
have a financial literacy class that itcounts towards your math grades or your math

(07:32):
requirements in high school or middle schoolwherever it is. We think it's important.
I think the earlier we teach peoplethe better, So in middle school
I think would be a really goodplace to start. But make people understand
how credit works, how interest compounds, how you know whatever interest rate you're
paying means, however much promount yourexpenses are going to be. How to

(07:55):
balance a proverbial checkbook, not thatanybody has a checkbook anymore, but you
know what I mean, how tohow to make sure you've got enough money
coming in to take care of thebills that are going out. And the
earlier we start teaching people that,the better. And we can't count on
parents to do it because a lotof parents now are not financially illiterate themselves.
They have no basis on which toteach their kids because they don't know
anymore about it than their kids do. Right back with more in a moment,

(08:18):
Jimmy Barrett show here an Am nineto fifty KPRC. We have to
talk to a ton about it.But on Saturday, of course, Iran
attacked Israel with the drones and rockets, some three hundred of them. I

(08:43):
think they'd launched about everything but thekitchen sink, ninety nine percent of which
never made it to their intended targetsfor a variety of different reasons. One
is the dome protection system that theyhave. The other one is that there
is a lot of cooperation between theUnited States military, British military, Saudi
military, The Jordanians helped out.It was a coalition, some of it

(09:05):
was Arab It was a coalition thatwas helping Israel protect itself from these attacks.
Of course, Iran told them itwas coming, they were prepared for.
They didn't catch anybody by surprise inthis particular thing. But General Jack
Keen, he obviously knows a lotabout military things. Let's see what his
takeaways are. What are your takeaways, sir from this attack on Israel and

(09:30):
what is likely to happen next.Yeah, the three major takeaways from what
what we saw as a result ofSaturday night's attack is one, Iran did
conduct a major escalation by a comprehensiveattack, as we know, with three
hundred missiles and drones at Israel.Yet Israel handed Iran a humiliating defeat,

(09:52):
which is really quite stunning. Itpushes back Iran on its heels as a
result of this. The second thingis is certainly the multi layered air defense
system that the Israelis have all withUS engineer thumb prints on it. By
the way, performed very admirably.But historically, this is the first time

(10:13):
the United States fought side by sidewith Israel since the State of Israel was
organized in nineteen forty eight. Andby that I mean Central Command of war
Fighting Headquarters in the Middle East organizeda multinational organization and coordinated it through six
countries, and that is our mostexperienced warfighting headquarters. Israel's used to fighting

(10:37):
unilaterally, so what Central Command didwas really significant. And just think of
this to it we had Arab nationsfighting alongside of Israel's capability against Iran.
That is also historic. And thenthe last takeaway is well where are we
now? The fact is Israel's ina much better place than they were just

(11:00):
a couple of weeks ago, withthe United States pushing back on their war
aims and disagreeing with them, theinternational community widely condemning them because of the
casualties have taken place in Gaza.Now the shift has taken place and the
multinational community is criticizing who Iran fortheir aggressiveness and what they attempted to do

(11:20):
in terms of producing casualties inside Israel, not just for the Jews inside Israel,
but for also the Palestinians and Arabsinside of Israel. So I think
there's an opportunity here. And whatis it. The fact is the United
States now and there's talk going onin the UN and in the international community

(11:41):
about sanctioning Iran. Let's take advantageof this opportunity. Likely the Netanyau administration
is looking at that as a positivething, and they may indeed exercise some
strategic patients here and not retaliate rightaway and let this thing develop a little
bit. See if we can beginfinally to get back to where we were

(12:03):
in the Trump administration and crush Aron'seconomy. Yeah, in other words,
you want to go back to whereit was during Trump, right, you
know what you're saying. Well,first of all, the Biden administration won't
won't do that, which is ahuge part of the problem. The reason
why the Iranians have the money tobe able to, you know, send

(12:24):
a bunch of rockets and drones andstuff is because they're making money hand over
fist in the oil market. Rightnow, the sanctions have been either lifted
whatever sanctions haven't been lifted or notbeing followed, so the Ranians can do
whatever the hell they want. Thatwould not have been the case during the
Trump administration. It was not thecase during the Trump administration, but it
is the case now. So thestrategies to go back to doing what we

(12:48):
were doing before. Should have donethat right for the get go. Should
have done that right for the getgo. Now. I don't know how
much restrained Israel is going to use. They probably are looking at this and
saying the court of public opinion isa little bit more on their side,
or is it on their side?It is with rational human beings, but

(13:11):
it is not with the irrational humanbeings that are out there, and there
are plenty of irrationals. And here'san example in Chicago. This happened on
Saturday this past Saturday. There wasa meeting at a Teamsters union hall with
a man who's a known terrorist sympathizerand supporter, who is also a organizer,

(13:37):
who had about three hundred people therethat he was indoctrinating. I guess
or training, however you want toput this training about three hundred Americans to
chant death to Israel and then chantto America, death to America in Farsi?
How do you get three hundred Americansto do something like that? I

(14:03):
mean, are they have they beenbrainwashed? Are they bought and paid for
by the George Soroses of the worldor what? What? What's the deal?
Any rate? Here is a littleclip from that that meeting and the
reaction from the folks that out number. But you're gonna hear him teach these
Americans to a death to Israel anddeath to America in Farsi. Isn't that

(14:26):
special. I'm going to teach youa chance and Persian that you can use
if you ever encounter thozions frees.So you're going to say mark bar Mark
bar Mark barra b. That's twomeetings depending on that too or down with

(14:54):
so? So, where do youfind the people to sit in a room
who's home was led by a manwhose home has been rated by the FBI,

(15:15):
who's a bad actor and we knowit to teach them to go from
it from English to FARSI? Whoare these Americans who say, you know
what, let's all meet at hishouse at five or wherever they're meeting.
I'm curious about that. This isnow and We said it earlier as we
were going to the commercial break,and I thought about it, Is it
really a movement? Well, apparentlyit's becoming one. And what is the

(15:35):
movement that we hate our own country, we hate our own people, we
hate ourselves. I guess is anextension to that? Where are we going
with this? And what happened toall the people who wanted to feed the
Palestinians? Oh, I guess theydon't really want to do that. Well,
look, you just start peeling layers. So it's anti Jewish hate.
But then it's actually genocide against Israelbecause they're cheering on Iran for attacking the

(15:58):
Jewish state. And they jump rightover to anti American sentiment. So you're
like, what is going on here? This kind of sentiment really grows this
toxic social contagion, which is antiSemitism is a symptom of grievance culture,
anti Americanism, anti West. Whichis why I always take this deeply,
deeply seriously. I wonder how manyof them are like college professors or college

(16:25):
students. You got to think there'sa rather high percentage of those categories,
I would guess that are willing toparticipate in something like that, who really
do hate America and are more thanhappy to participate in death to America channing
what they're practicing for. By theways, they're going to show up evidently

(16:45):
at the Democratic National Convention, whichis in Chicago in August, so they'll
they'll be there and they're going totry to disrupt things. And what's really
sad is that the Democrat Party istrying to placate these people. The Democrat
Party is trying to placate these people. They cannot be placated. They cannot

(17:07):
be placated. All right, onemore for you. This one actually has
a bit of a happy ending.Here's a woman who shows up at a
Bakersfield, California City council meeting.She's anti Israel. She wants the Bakersfield
City Council to pass a ceasefire resolutionas if somehow Bakersfield, California has any

(17:30):
impact at all on who's firing atwho in the Middle East, and she
makes some threats. She ultimately endsup getting arrested and going to jail for
making these swatch and cries about itafterwards. It's like, you threaten to
kill somebody, lady, what doyou think was gonna happen. Here is
the anti Israel protester at that Bakersfield, California City council meeting with the reaction

(17:51):
to the other infant, Greg Guttfeld'spanel. I'm here to speak in support
of the city council introducing a ceasefireresolution. I don't have faith that you'll
do this. You guys are allhorrible human beings, and Jesus probably would
have killed you himself. Well,you guys parade Gandhi around as a Hindu
holiday called Jatra Navrathri his starts offthis week. I remind you that these

(18:11):
holidays that we practice, that otherpeople in the global self practice, believe
in violent revolution against their oppresters.And I hope one day somebody brings the
guillotine and kills all of you.Will see you at your house, will
murder you. But she does havea point. Many times I've looked at
the unrest in the Middle East andthought, m Bakersfield City Council, you've

(18:33):
really done it this time, Jim. Did you enjoy the before and after
like I did? Oh? Iloved it. Yeah, But just that
she really thought that they could dosomething about like one hundred years from now
in history books like how did theyget a ceasefire Baker's Field? They pulled

(18:55):
it off some little town two hoursoutside of La unbelievable. Yeah, they
arrested her. Who course, youthreatening the public officials, You say you're
going to show up their door andkill them. You threatened to bring back
the guillotine. Yeah, that's theone way ticket to jail. Although I
would have to think they probably didn'thold her for very long, right,
I mean, because after all,in California, there's no need to hang

(19:17):
on to criminals. They just letthem loose again. All Right, We're
back with Barn of MoMA Jimmy BairttShow here on AM nine to fifty KPRC.
Had a couple of things to workin here in our final segment today

(19:40):
on the Jimmy Barrett Show here onAM nine fifty KPRC. One of them
has to do today Day two ofthe Trump trial, the jury selection.
They didn't pick any jury members yesterday. I don't know how many people they
actually interviewed yesterday, but it wasan all day deal and they didn't pick
anybody. They didn't find anybody thatthe defense could agree to, which is

(20:00):
no big surprise. Gonna be prettytough to do in New York City and
Manhattan to find anybody who can beneutral as it relates to Trump. So
that may be the hardest part ofthe whole trial. By the way,
we're gonna have a guest on tomorrowon the show, Jeremy Rosenthal, former
DA and former defense attorneys, sohe can kind of take a look at

(20:22):
this Trump case from both sides ofit, especially from the jury selection standpoint.
So we'll have him on the showtomorrow. But for now, let's
let's share some reaction from President Trumphimself. Here he is at the beginning.
It's a little echoey, so youhave to listen carefully, I guess,
but here he is President Trump atthe end of day one, talking

(20:45):
about day one. And it wasa reaction at the other end from Judge
Jennine Piro on the five. NowI came go to my son's graduation.
Then I can't go to the UnitedStates Supreme Moore that I'm not in Georgia
or bok Caroline Cafe haden what Ishould be. It's perfect for the radical

(21:06):
left Democrats, That's exactly what theywant. This is about election interference.
That's all it's about. The Departmentof Justice refused to go forward, the
Federal Election Commission refused to go forwards. I advance, the DA refused,
Alvin Bragg, the DA refused,and then Mark Pomeranz, who's a mean
spirited individual, decided to write abook embarrass Alvan Bragg and Alvin Bragg then

(21:30):
brings the charges. Jonathan's right,this is an expired misdemeanor bootstrapped by a
federal crime. We don't know whatthe federal crime is. I don't know
what the bill in particular says.I don't even know why this thing is
going forward. But I want tosay something Dana that I haven't heard anybody
say. I was a DA andthe way you bring and try cases is

(21:51):
you try and based upon what shouldgo first. In New York State,
and I've spoken to several das aboutthis. In New York State, people
in jail get a priority in termsof timing. A person who's charged with
a violent crime gets a priority.So think about the fact that we are
backlogs because of COVID, and I'mnot talking about the extension because of COVID,

(22:17):
of the Statute of Limitations But becauseof the backlog, every major DA's
office in New York State is tryingcases violent felony cases from twenty one in
twenty twenty two. They are nottrying cases where the defendant is not in
jail and where it's not a violentcrime. And yet you come to Manhattan,

(22:37):
which has four times the caseload ofthe das that I spoke with,
and they're taking a case out oforder where the defendant is not in jail
it's not a violent crime, becausethey want to make sure that they can
parade Donald Trump as a convicted felonin front of the American people. And
the idea of a speedy trial isnot for the prosecution and it's for the

(23:00):
defense. And you couple this withthe violation the discovery, violation of thirty
thousand pages of information that they shouldhave had six months to review. They
gave him two weeks. This isall this is all an effort to make
sure that Donald Trump does not runfor office. In a positive way.

(23:21):
Of course, it's what it's alwaysbeen about. I mean, there's no
doubt about that. But who's gettingsympathy in all this? At this point?
Who do you feel sorry for?Don't you actually kind of feel sorry
for Donald Trump, even if youdon't particularly like Donald Trump. I mean,
when you hear juds say you can'tgo to your son's high school graduation.
You have to stay here in NewYork for court proceedings. Seriously,

(23:45):
you couldn't you take a day offin the proceedings so the man could go
to his son's high school graduation.That evokes a lot of sympathy. Now,
personally, I would think that maybeit's good that President Trump is not
going to Baron's high school graduation becausehe'd be a distraction, right, I
would think, So, I don'tknow how you know his son is.

(24:07):
You know, the media would beall over that. I mean, they
wouldn't be practical probably unfortunately for himto go to that anyway. But the
pre judge to say you can't go, well, I gets somehing with sympathy.
All right, And do you knowwhat the what the anniversary is of
this week? Do you know whathappened a year ago this week, the
bud Like controversy. Yeah, that'swhen Budlight kind of fell off the earth

(24:30):
with their whole Dylan Molvany campaign.So here's the question, do you think
they learned anything from it? Arethey recovering from it? Here is a
couple of people weigh in on it. Former Anaheiser Busch executive Anson Friedrich and
Greg Angelo on bud like one yearlater. Yeah, as Rich has definitely
learned their lesson. You've seen meover the past year. You said it

(24:52):
right, You've lost one point fourbillion dollars in sales. I don't think
any company wants to lose that amountof money going forward. Ever since this
partnership with Dill Movanny, it's atotally changed track. They changed their marketing
VP, they changed their advertised theywent back to the basics, They went
to the back to the football,they went back to their sponsorship with the
USC. The fact that you triedto make amends with Kid Rock. You
remember he'd began the face of thisboycott against bud Light when he took a

(25:15):
machine gun to bud Light last summer. They made amends with with him.
And it was even more interesting isthat they're even going back to what bud
Light used to be. They're tryingto be more authentic with the brand.
They hired Shane Gillis as one oftheir spokespeople, Shane Gillis, who might
recall one of the most famous comediansin the world right now, but three
years ago he also faced himself asa boycott and got canceled off the saturd
Night Live. What I'd love tosee is bud Light to really bring them

(25:37):
back is figure out where they canpartner with Shane Gillis to say, hey,
both these brands at one point losta lot of customers. It's time
to bring it back. I went, hopefully they're not going to be moving
forward in the right direction. Movingforward, Yeah, I think between bud
Light and Target, the followout thatboth companies received over the course of the
spring early summer of twenty twenty threereally sent a chill down the spine of

(25:57):
other corporations around the country who upuntil that point felt not only that they
should, but that it was theirduty to weigh into contentious social issues as
heads of Corporate America. And Ithink in the case of Corporate America's reaction
to what happened with bud Light andalso Target last year, right now,
it's not so much what we seebut what we don't see. I really

(26:18):
can't point to any corporation that madeovertures or weaded into contentious social issues after
seeing what happened to both of thosebrands, both of which, as Anson
mentioned, are still recovering right now. They go message sent, evidently message
received, which is good. You'dhate to think that they weren't smart enough

(26:38):
at that nicely Bush to figure thatout to begin with. But the evidently
they weren't. But they faded theirpenis one point four billion. That's one
point four billion dollars they're never goingto get back now. I don't know
if people are going back to thebud Light beer have it or not.
Maybe they found something else they likedbetter. But I don't hear anything about
the company struggling anymore, so I'massuming they at least made some sort of

(26:59):
a partial recovery. I don't knowif we'll ever be back the way it
was before. Anyway, Thanks forlistening. Sure to appreciate it. You'all
have a great day. See youtomorrow morning bright nearly five am over on
news radio seven forty k t rH. You're back here at four on
a nine fifty k PRC
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