Episode Transcript
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Speaker 1 (00:03):
It's that time, time, time, time, luck and load.
Speaker 2 (00:11):
So Michael Verie Show is.
Speaker 3 (00:13):
On the air.
Speaker 4 (00:14):
I returned to this chamber tonight to report that America's
momentum is back, our spirit is back, our pride is back,
our confidence is back, and the American Dream is surging
bigger and better than ever before. This will be our
(00:36):
greatest era. With God's help, over the next four years,
we are going to lead this nation even higher, and
we are going to forge the freest, most advanced, most dynamic,
and most dominant civilization ever to exist on the face
of this earth.
Speaker 2 (00:56):
We are going to create the highest quality of.
Speaker 4 (00:59):
Life, build the safest and wealthiest and healthiest and most
vital communities.
Speaker 2 (01:06):
Anywhere in the world. We are going to conquer.
Speaker 4 (01:09):
The vast frontiers of science, and we are going to
lead humanity into space and plant the American flag on
the planet Mars and even far beyond. And through it all,
(01:45):
we are going to rediscover the unstoppable power of the
American spirit, and we are going to renew unlimited promise
of the American Dream.
Speaker 2 (01:56):
Every single day, we.
Speaker 4 (01:57):
Will stand up and we will fight, fight for the
country our citizens believe in, and for the.
Speaker 2 (02:03):
Country our people deserve.
Speaker 4 (02:08):
My fellow Americans, get ready for an incredible future because
the Golden Age of America has only just begun. It
will be like nothing that has ever been seen before.
Thank you, God bless you, and God bless.
Speaker 5 (02:46):
Honored you get to join you on this the National
Day of Prayer for President making remarks earlier today in
a prayerful home, hopeful, upper tunistic.
Speaker 2 (03:08):
Positive note. I feel he struck number of listeners.
Speaker 5 (03:15):
We're not a breaking news show, but I will speak
to this because I can tell people who are upset
about it emailing me very concerned with with Mike Waltz
being out as National Security Advisor after the.
Speaker 2 (03:29):
Signal chat leak.
Speaker 5 (03:31):
Let me say to you, folks, to be more like
the Democrats. Focus yourself on the cause, on the movement,
and understand that the pieces are interchangeable. Don't worry about
winning every battle, don't worry about things that are not important.
(03:55):
You know, the serenity prayer. God grant me the strength
to accept the things I can't change and the wisdom
to know which those are or something to that effect. Okay, yeah,
you're right, I bungled it all right. Let me take
a deep breath and remember it is. God grant me
the serenity to accept the things I cannot change, the
(04:23):
courage to change, that's right, yah, courage to change the
things I can, and wisdom to know the difference. Well,
it's not like I prepared ahead of time. I had
to remember it.
Speaker 2 (04:36):
That's it. God. I remember things by wrote.
Speaker 5 (04:39):
So when I first learned things, whether it be the
prologue to the Canterbury Tales or the message behind Thomas
Jefferson at the Jefferson Memorial in DC.
Speaker 2 (04:50):
I just say it over and over again.
Speaker 5 (04:51):
So I get into a routine, and you know, everybody
has their their tricks, but I've got to say the
words exactly because one word off and train gets off
the off tra. God grant me the serenity to accept
the things I cannot change, the courage to change the
things I can, and the wisdom to know the difference. So, folks,
(05:15):
we have been on a honeymoon. You understand this. This
is literally referred to in political jargon as a honeymoon.
Trump didn't get the honeymoon most of but I'll tell
you this, he got more of a honeymoon this time
than he did the last time because he insisted on
it because he bulldozed his way through the honeymoon. You're
going to have to stay focused on the movement because
you burn yourself out. We're going to lose some people
(05:37):
along the way. It might be Pete Hegseth, it might
be Christy Noum, it might be Marco Rubio. I don't
know that they're gonna be people we're going to lose
along the way. It is the movement that matters. It
is the war that matters. And do not fall in
love with people because they are expendable, I'm telling you,
(06:00):
And this is Trump's approach. He understands that there are
transactional relationships you can really like somebody. I despised Mike Pence.
I despised him the moment he was chosen. I despised
him as vice president, and I despised him more than
ever now. And Mike Pence is one of the kind
of guys that are supposedly Republican who work harder to
(06:23):
undercut Donald Trump than any Democrat ever has. And the
other one, who's the big fat guy that was Secretary
of State, Mike Pompeo, Pompus Pompeo, Chris Christy.
Speaker 2 (06:33):
You get all these guys.
Speaker 5 (06:34):
Around Trump that are you know, they're working as hard
as they can. Who was the woman that was the
Trump advisor and her husband? Uh, he's a big, fat guy.
Speaker 6 (06:47):
He wanted to be.
Speaker 5 (06:50):
He wanted to be attorney general than he wanted to
be an advisor to the president. He got neither. What
was her name. She was a little bit older, blonde haired,
she's real, real, real sharp, and then she ended up
kind of splitting with Trump and then came back to you.
But anyway, what point of all of this is, stay
focused on what matters here, folks. Stay focused on what matters,
and that is saving the country, winning the cause. We're
(07:13):
gonna have some scandals, or suppose it scandals. There's gonna
be some people who are cut loose because they cause problems.
This is the first. There will be many the later
you go into an administration. I've been at this for
a long time. The later you go into an administration,
the more you're gonna lose. You're gonna lose people that
make mistakes. They're gonna have sexual peccadillos. They're gonna have
(07:33):
a drug problem, they're gonna have a financial problem, they're
gonna have they're going to get in a fight, They're
going to get a DWI. It's just gonna happen. Meanwhile,
how bad is it for the Democrats? Kamala Harris making
her first major remarks after her embarrassing, humiliating election loss,
And it's not good.
Speaker 2 (07:51):
In fact, please allow me, friends to digress for a moment. Okay,
it's kind of dark in here.
Speaker 7 (07:57):
When I'm asked for show of hands?
Speaker 8 (07:59):
Who saw that from a couple of weeks ago, the
one of the elephants at the San Diego Zoo during
the earthquake.
Speaker 9 (08:08):
Google it.
Speaker 2 (08:09):
I do not see it. Sne has been on my mind.
Speaker 8 (08:15):
Everybody's asked me what you've been thinking about these days long.
Speaker 2 (08:23):
These Michael Barry's shows.
Speaker 5 (08:29):
The International Monetary FI the IMF was one of many
international organizations that was used to meddle in the affairs
of third world countries. It was a way for the
globalists to control the third worlders. You give them some
money and that gave you control. When my wife was
(08:50):
growing up, the IMF, the United Nations, all these were
they were very respected in India. That's why that was
the reason she wanted to be an economist. At the time,
economists were very well respected in India because economists provided
the labor statistics and manufacturing and agriculture data and analysis
that the international organizations would use to figure out how
(09:10):
exactly they were going to control these people. And the
IMF was an organization that was in these third world
countries considered very important because they wrote the checks and
pretended to care about the third world countries. But as
Scott Bessant, President Trump's Treasury secretary, who, by the way,
is doing a great job. Is he the most powerful
(09:34):
homo in America?
Speaker 9 (09:35):
Today?
Speaker 2 (09:36):
Who's more?
Speaker 5 (09:38):
Elton John may not be in him, He might be
in England right now? If you tell Elton John out,
is he the most powerful homeow in America? And why
is nobody celebrating him?
Speaker 10 (09:47):
Right?
Speaker 2 (09:47):
You think during Gay Pride Month?
Speaker 5 (09:49):
You think during Gay Pride Month they're going to say,
Scott Besson, he's a hero.
Speaker 2 (09:52):
He's one of us. No, no, they're not. And that's sad.
That's sad. Anyway, here's what he had to say. I
like this guy. A lot.
Speaker 11 (10:00):
Was once unwavering in its mission of promoting global monetary
cooperation and financial stability. Now it devosts does proportion of
time and resources to work on climate change, gender.
Speaker 12 (10:14):
And social issues.
Speaker 11 (10:16):
These issues are not the IMF mission, and the ims
focus in these areas is crowding out its work on
critical macroeconomic issues. The IMF must be a brutal truth teller,
and not just to some members today IMF, the IMF
(10:37):
has been whistling past the graveyard. It's twenty twenty four
external Sector report was entitled in Balances Receding. This polyannish
outlook is symptomatic of an institution more dedicated to preserving
the status quo than answering the hard questions.
Speaker 5 (10:56):
The Federal Reserve Chairman is appointed by the President and
confirmed by the Senate for a four year term. The
Federal Reserve sets monetary policy. And I'm assuming you know
what that means, but in case you don't, that is
what affects the interest rate at which you can borrow money.
So if you borrowed money for a mortgage at eight
and a half percent versus to and a quarter percent,
(11:19):
those rates, the rate at which the bank borrows and
then sets rates for you, the end consumer, are set
by the Federal Reserve.
Speaker 2 (11:29):
The Fed and as.
Speaker 5 (11:30):
Ron Paul said and his son after him, ran it's
an evil organization up to no good. Jerome Powell was
confirmed for his second term as chairman of that evil
empire in May of twenty twenty two. If that position
can be filled by the president, then does the president
(11:51):
have the power to fire the chairman. If he doesn't,
then that person is the most powerful person in the country,
right And that's what we're going to find out.
Speaker 2 (12:00):
See Trump proves you don't just go hey.
Speaker 5 (12:03):
People will say he can't fire the FED chairman. So
Trump understands, you fire him and then you force the case.
This is how you bring change. Senator John Kennedy from
wisy Ina was on Meet the Press and he said
he didn't think any president should have that power. Now
I'm playing this for all of you who love the
(12:23):
little bone moots of John Kennedy.
Speaker 2 (12:26):
Oh, John Kennedy's great. He's like Will Rogers.
Speaker 5 (12:29):
He's the folksy until it comes time that you need him,
and he'll always always let you down.
Speaker 13 (12:37):
Tensions have been mounting between the president and the FED chair.
Speaker 14 (12:41):
Would you support President Trump removing Jerome.
Speaker 2 (12:44):
Powell as FED chair?
Speaker 15 (12:46):
I don't think the president, any president has the right
to remove the Federal Reserve chairman. I think the Federal
Reserve ought to be independent. I think that j Powell
and President Trump need to sit down and once gain
have a hug and a cup of hot cocoa and
work it out. My experience with Jay Poal is that
(13:06):
he's got Tiger Blake. He's going to do what he
thinks is right, and he's not going to go down
in history as the Federal Reserve chairman that allowed inflation
to become wild, as a marqu hare, and he's going
to do what he thinks he's got to do.
Speaker 5 (13:21):
The CEO of Azoria, James Fishback, was on Fox Business
with Charles Pain when he said the Fed cut rates
before the election to help Kamala Harris. You understand how
this works, right. They cut the interest rate so you
could borrow for less. That stimulates economic activity. They did
that to try to help Kamala Harris. Because when things
(13:44):
are going well, you're more likely to support the party
that's in power. When they're not going well, you're more
likely to oppose them. That's why they don't want to
lower interest rates because that would stimulate the economy, and
they don't want that to happen for Trump.
Speaker 16 (13:58):
For every one republic economist who works at the Federal Reserve.
There are ten Democrat economists. For every one dollars donated
from FED employees in the twenty twenty election, ninety seven
cents went to Democratic candidates or causes. The rate cut
that had no justification in unfundamentals of the economy before
(14:19):
the election, was designed to throw Kamala Harris a lifeline.
And now when there's a real justification with lower inflation
in the midst of a trade negotiation, a real justification
for lower rates, j Powell wants to do absolutely nothing
except stand in the way. And so it's right that
President Trump is calling this out. He has many options
in front of him. But I just wish that Jerome
(14:40):
Powell would do the right thing, look at the facts,
look at what his colleagues in Europe and Canada and
England are doing, and lower rates to support our economy
in this critical transition period.
Speaker 11 (14:49):
So Day's many are concerned, myself included, at firing Pal
at this very second.
Speaker 9 (14:54):
With the market as fragile ed as is, can actually.
Speaker 11 (14:56):
Do more harm than good.
Speaker 2 (14:58):
Some have also talked about as shadow FED chair. Would
you be open to that? I would be.
Speaker 16 (15:04):
Open and I would be honored if the President would
consider me for shadow FED share. I've been following this
for a decade now, looking very closely at FED policy
and its implications not just on the stock market, Charles,
but on real America. As we speak, President Trump is
meeting with the executives of companies like Walmart, Home Depot,
and Target. He regularly meets with farmers, the unemployed retirees.
(15:25):
J Powell just sits around listen into whatever four hundred
PhD economists say talking about racial injustice and climate change.
We need a FED that is accountable to the American
people and that focuses on the real economy. To your question,
I'm going to be very honest with you. If President
Trump decided to fire J. Powell right now, the stock
market would panic. But at the end of the day,
our founding fathers would not want us to make long
(15:46):
term decisions based on the short term emotions of a
highly volable market. I think the President should consider his options,
and at the end of the day, ultimately the American
people and history, not the stock market, are going to
decide his faith.
Speaker 5 (15:59):
While we're on the sub to finances, Treasury Secretary Scott Besson.
We think he's doing a great job. He said something
that resonated with me. He said, everyone should care about
financial literacy, and I agree with this.
Speaker 12 (16:12):
Everyone should care about financial literacy, whether you are a
student with a summer job or a part time job
during school, whether you're in college, whether you're starting your career,
or whether you are at the end of your career.
Making good financial choices creates economic security.
Speaker 2 (16:32):
And look, it's fun.
Speaker 12 (16:34):
You learn about the markets, you learn how to.
Speaker 5 (16:40):
Have almost went the lawless good of myself.
Speaker 2 (16:42):
The Michael Verie Show.
Speaker 5 (16:44):
I've had a lot of people tell me that they
should have been taught. I wish they'd been taught in
school how money works. But it's not just in school.
Read Thomas Soul's Basic Economics. Just start there and educate
yourself on how the system works. People don't understand compounding interest.
They don't understand the effects of debt, they don't understand
the effects of equity, they don't understand any of these things.
(17:07):
You've got to teach yourself. Not whine about it, because
if you don't understand the rules of the game, then
you're you're not going to win.
Speaker 2 (17:16):
You want to know.
Speaker 5 (17:16):
Who hadn't learned the lessons about basic economics. Oakland's mayor elect,
Barbara Lee. This is Barbara Lee during one of the
debates leading up to her election, advocating for a fifty
five zero dollar minimum wage.
Speaker 2 (17:32):
Good grief.
Speaker 13 (17:33):
You're calling for a fifty dollars an hour federal minimum wage.
That's seven times the current national minimum wage of seven
to twenty five an hour. Can you explain how that
would be economically sustainable for small businesses? You have sixty seconds.
Speaker 3 (17:48):
First, let me say I owned and ran a small
business for eleven years.
Speaker 2 (17:53):
I created hundreds of.
Speaker 3 (17:55):
Jobs, benefits, retirement benefits, also.
Speaker 2 (17:59):
Held care benefits.
Speaker 3 (18:01):
I know what worker productivity means, and that means that
you have to make sure that your employees are taken
care of and have a living wage. In the Bay Area,
I believe it was the United Way came out with
the report that very recently one hundred and seven twenty
seven thousand dollars for a family of four is just
(18:22):
barely enough to get by. Another survey, very recently one
hundred and four thousand for a family of one barely
enough to get by low income because of the affordability crisis,
and so Just do the math.
Speaker 2 (18:35):
Just do the math.
Speaker 3 (18:36):
Of course, we have national minimum wages that we need
to raise to a living wage. You're talking about twenty
five dollars. Fine, but I have got to be focused
on what California needs and what the affordability factor is
when we calculate this wage.
Speaker 12 (18:52):
MISLEI thank you.
Speaker 5 (18:53):
It was just over a year ago when California raised
the state's minimum wage to twenty dollars, and.
Speaker 2 (18:58):
Do you remember what happened? Do you remember the rising wages?
Speaker 17 (19:01):
California's fast food workers started earning more money today, twenty
five percent more than they were making yesterday. The pay
raise could mean higher prices at some restaurants and has
reportedly prompted at least one Central Valley business to shutter today.
Speaker 16 (19:15):
The employees of the Foster's Freeze and the more showed
up for work but got their.
Speaker 13 (19:19):
Last paycheck instead.
Speaker 14 (19:21):
Actually, news anchor and Ne Garcia was in the war
tonight and talked to workers about the abrupt closure.
Speaker 9 (19:26):
Some of the people who worked at this Foster's Freeze
thought it was an April Fool stage joke until they
saw the clothes sign for themselves and reality sunk in.
Speaker 18 (19:35):
I was like okay, uh huh, April fools before all
he had with Warner, not April fools. I realized that
she was not joking. I drove straight over here and
got my last check.
Speaker 9 (19:47):
Mornica Nevadro got a phone call from her general manager
informing her the location would not open for business again.
Speaker 2 (19:55):
All day would be customers drove.
Speaker 9 (19:57):
In and away as they learned what the employees learned
Monday morning. How does that feel to.
Speaker 2 (20:03):
Show up and there has not be a job.
Speaker 4 (20:07):
Jarring?
Speaker 18 (20:08):
It's like, okay, you can go home, and then it's
like I thought.
Speaker 2 (20:14):
I was gonna work today.
Speaker 19 (20:15):
It's hard to take it when there was no notice
at all.
Speaker 9 (20:18):
The closure comes the same day California's minimum wage for
fast food workers rises to twenty dollars an hour. Economic
experts have been predicting closures and layoffs in the months
leading up to the hike.
Speaker 5 (20:30):
Most of the time, not all of the time, the
business owners have to pass those costs increased onto the consumer.
Speaker 9 (20:38):
At this Foster's freeze, the assistant general manager tells us
that was supposed to be the plan increased prices and
shortened shifts.
Speaker 6 (20:46):
He had to.
Speaker 8 (20:47):
Actually talk to us like we were preparing to pay
twenty dollars an hour, like it wasn't a possibility of
us closing. He had said, like, all right, on the schedules,
we're going to run smaller crews. We're gonna do a little.
Speaker 2 (20:57):
Bit shorter shifts.
Speaker 8 (20:57):
People are gonna get the hours cut a little bit,
but we'll be to make it work. We're going to
raise some prices.
Speaker 2 (21:01):
But like we're good.
Speaker 9 (21:03):
That all changed Monday morning, Nevado says, the owner told
her he just couldn't afford to pay the new minimum wage.
We called him to ask about the closure.
Speaker 10 (21:13):
Any recording.
Speaker 9 (21:18):
Hi, Lauren, this is Nick Garcia calling from ABC thirty.
At the time of this broadcast, we have not heard
back from him.
Speaker 10 (21:24):
Now.
Speaker 9 (21:24):
His former employees are worried about finding a new job.
Speaker 2 (21:27):
Look for a.
Speaker 18 (21:28):
Job, because what else am I gonna do besides look
for a job because I don't have one anymore without notice, And.
Speaker 9 (21:36):
The challenge of finding a new job for some of
the people here comes is they're trying to pay tuition
for college and deal with other expenses. Also challenging for
all involved, both the workers and the business owners, is inflation,
making cost cutting all the more difficult. In Lamar on
Nick Garcia, ABC thirty Action News.
Speaker 5 (21:55):
Peter Thiel is the co founder of PayPal Smart guy. Oh,
we were talking about most powerful homos. He's up there,
but I think Scott Bess and Treasury secretaries is higher.
He sat down with Joe Lonsdale and they were talking
about DOGE and waste and.
Speaker 2 (22:10):
Fraud and abuse.
Speaker 5 (22:11):
It's been found and Peter Thiel said, virtue signaling is
a sign of doing something evil.
Speaker 19 (22:19):
What do you think of doge? Speaking of efficiency gangs?
It's like, can they get half a trillion dollars with doge?
Speaker 18 (22:23):
Like?
Speaker 2 (22:23):
What can they do? What do you think?
Speaker 12 (22:25):
Give me more?
Speaker 1 (22:26):
I think there's a lot you can get. There's gonna
be a lot of resistance to getting it. You have
to you know, the the correct answer is just you
need you know it is always my correct you know
my answer on tax policy? You know what should tax
rates be? Just always a little bit lower? I'm i
gonna tell you the number. They should always be a
little bit lower. And you know how much should it
(22:48):
should always be? The government should be more efficient and
then once you made it more efficient, you should make
it more efficient.
Speaker 2 (22:53):
And there's a lot of room for that. And there's
a lot of so there's a lot of shocking stuff.
They're Finney even I would want to limit it to half.
Speaker 1 (23:01):
I don't know. It's it's a it's a four trillion
dollar and you will spend budget things.
Speaker 10 (23:05):
I think.
Speaker 2 (23:05):
I think it's higher now, and of course you.
Speaker 1 (23:07):
Know, a lot of that's entitlements, but I think I
think at.
Speaker 2 (23:10):
Six and a half now.
Speaker 19 (23:11):
Actually guess I think fourths that we're taking in forwards,
somethings were taken in. We're spending six and a half
because three point eights entitlements is a lot.
Speaker 1 (23:18):
And but even even the non entitlement pieces, you know,
is incredibly is incredibly off.
Speaker 19 (23:24):
No, and entilement's had lots of fraud too, probably, but
I usually I've been a little bit shocked, like I
knew there was waste, but there seems like a lot
of scams they're finding. I guess, like a lot more scams,
I guess.
Speaker 2 (23:33):
Than I think there's scams.
Speaker 1 (23:34):
I think the nonprofit stuff is really out of control.
Speaker 2 (23:37):
It's it's it's sort of like.
Speaker 1 (23:40):
I don't know, it's it's it's sort of like virtue
signaling is a sign that you're doing something evil. And
and so many, so much of this uh left wing philanthropy,
nonprofit world I think was you know, it was just
a cover for you know, borderline criminalize.
Speaker 19 (23:59):
It's how you shelled your soufia, put a virgie signal
players stealing money if you have everyone.
Speaker 5 (24:02):
Peter Thiel said, since Trump's inauguration, he's been the most
hopeful he's.
Speaker 2 (24:08):
Ever been in a long time.
Speaker 5 (24:09):
And this is a guy who wants to travel to
Mars or live out in the sea, and this is
a guy who thinks on a plane that I can't
even imagine.
Speaker 1 (24:15):
I'm the most hopeful I've been about things in a
in a long time. I think, uh, I think there
are some very deep problems that need to be fixed.
I think, uh, I think the opposition is completely exhausted
and out of ideas and so so it's it's it's
(24:36):
maybe the first time since since early Reagan that there's uh,
there's really an opportunity to to uh to change some
things in this country. And and and it's not the
sort of lame Bush Republican thing we had in the
you know, for for a long time in between. And
I don't think it's the completely sabotaged first Trump administration
(24:58):
where you had I don't know, it got blocked on
every level outside and inside the administration. So I think
they will get you know, it's very unusual. Normally the
second term does less than the first term.
Speaker 2 (25:12):
This is going to be the I think people will
be the real first.
Speaker 20 (25:15):
They are telling you what's called onesies, these little things
clothing for a baby.
Speaker 2 (25:20):
I like Malca Barry Ship.
Speaker 14 (25:23):
You're one of.
Speaker 2 (25:23):
All these onesies.
Speaker 5 (25:26):
The polling shows Democrats strange was going to have very
very low approval ratings, horrible approval ratings. So that's why
the media keeps saying Trump's bad. His numbers are forty four,
Democrats are twenty five. Put it into perspective. So Democrat
Congressman James Clapperton, the guy who brought you Joe Biden.
Speaker 2 (25:48):
He was on MSNBC. And you gotta admire these people.
Speaker 5 (25:51):
You know, I have buddies that are lawyers that have
to represent murderers or drug dealers or whatever else. And
and and you know the hired guns the or hired assassin.
Speaker 2 (26:01):
They make jokes about it. You know, I get paid
to lie.
Speaker 5 (26:04):
One of my buddies a criminal defense attorney, Dan Cogle says,
I get paid to lie. The other day I said,
you know, everybody thinks you're a liar, and he goes,
I get paid to lie.
Speaker 2 (26:12):
That's what I do.
Speaker 5 (26:13):
I'm an advocate, and in the purest sense, that's what
a lawyer does. He says things that he may or
may not believe because his job is to provide advocacy
or a canon, and that's for his client. That's hard
for people to understand. But at least he's honest about it, right,
and we have a lot of fun with that. But
James Clavern, he's supposed to be a trustworthy guy. He's
(26:35):
supposed to be somebody who's a leader, but he's not.
Speaker 2 (26:37):
He's an idiot.
Speaker 5 (26:38):
He said with a fate, with a straight face, that
Democrats have a great message. Their only problem is the media,
because the media is not left wing enough. So what
you have here is both sides blaming each other for
the mess they got themselves in.
Speaker 10 (26:56):
Well, I'll think the message that consan do a kind
of party.
Speaker 2 (26:59):
It's a good adpass.
Speaker 10 (27:00):
It's the problem we've got is that we have to
depend upon the media to deliver it. If we have
the Washington Post, for instance, caving to this will be dictated.
And we've got other media entities that seem to rather
(27:24):
push a narrative that will bring eyes to their newspapers
or to their television sets and not really give a
fear sharing or reporting to what we're doing. And I
have to rely upon people like yourself. You do a
great job of this.
Speaker 2 (27:44):
That's why I like coming on your shows on.
Speaker 10 (27:46):
The weekends, because you do a real good substantive reporting
of what the issues are around us. But when you've
got people say we're not going to fact check, we're
not gonna worry about whell not you tell the two
and just let the reproachs go out there, that's what's
killing us as Democrats.
Speaker 5 (28:07):
Ramon, did you watch The Office? I never watched The Office? Okay, well,
but I know who the characters are, a lot of
memes about them, and I know I was. I meant
to talk about this other that. I don't know if
I got to it. But Rain Wilson is a lefty
who was famous for playing the character of Dwight shrewt
Am I pronouncing that right on the Office. He sat down,
(28:28):
Oh it's been Polly a week ago now with MSNBC
Stephanie Rule, and she says that the public has a
lack of faith in the media and that that's because
of Donald Trump and Elon Musk. And he was supposed
to say that's true. Trump and Musk are bad guys,
but for some reason he didn't, which is surprising considering
(28:50):
what he does for a living.
Speaker 6 (28:53):
Of Americans don't trust mainstream media.
Speaker 2 (28:55):
Why is that?
Speaker 7 (28:56):
How do we get here?
Speaker 14 (28:57):
Listen, we are seeing a huge loss in trust of all.
Speaker 2 (29:00):
Of our institutions.
Speaker 14 (29:01):
It's the media, it's medicine, it's banking. It's a huge
problem because when you think about democracy and all of
these pillars, they need to stand tall, they need to
stand strong, and sort of losing that trust is not
by accident, it's by design. If you remember when President
Trump was running the first time, Steve Bannon once said,
(29:23):
the goal is to blow the whole thing up.
Speaker 2 (29:25):
And so I think that you've.
Speaker 14 (29:27):
Got mistakes made or things starting to slip. Well, at
the same time, there's a concerted effort to destroy the media,
because the media, that the news media is, in my opinion,
the last slide of defense of holding power accountable.
Speaker 2 (29:44):
Right, And you had a.
Speaker 14 (29:45):
Bit of a perfect storm, right, President Trump won and
tons of people were shocked or angry or frustrated and
they're tuning out. And at the same time you have
the Elon Musk media machine because they want you to
leave traditional media and they want you to go to
x which is a bastion of misinformation or there is
no fact checking.
Speaker 2 (30:04):
So it's a perfect storm of people.
Speaker 14 (30:07):
Saying, I'm angry, I'm frustrated, I'm tuning out, I'm disconnecting,
and then you have a force pushing it. But even
in the last two weeks, what we need to do
is just cover.
Speaker 2 (30:20):
What's happening in America.
Speaker 18 (30:22):
Right.
Speaker 2 (30:22):
We have to cover Democrats.
Speaker 14 (30:24):
Trying to figure out what their lane is and how
they're going to get back on their feet, and we
have to simply cover what this White House is doing.
And I think if we do that right, there's that saying,
you know, trust is gained in rain drops and it's
lost in buckets, and it's not a yes, you're not
incorrect that the media.
Speaker 2 (30:42):
Has lost trust.
Speaker 6 (30:43):
This is where I would push back when I see
this kind of insight and passion being directed at the
current administration and the lack of this kind of insight
and passion being directed at the previous administration, where again
I'm not talking about you, talking out left leaning news
media organizations were kind of like.
Speaker 2 (31:04):
La la la, la la, everything's fine with the environments.
I mean, look, the.
Speaker 6 (31:08):
Economy's great, La la la, Immigration's not that much of
a problem. And really being Cleopatra Queen of denial, thank
you boom.
Speaker 5 (31:17):
I could literally do an entire show with highlights of
Scott Jennings just humiliating his colleagues at CNN, just humiliating.
He told Jeff Jarvis and Abby Phillips that the reason
the public has lost in the media has Sorry, the
reason the public has lost faith in the media should
(31:40):
be obvious to them, but we all know it's not.
Speaker 2 (31:43):
Hello, Scott has.
Speaker 20 (31:45):
Taken advantage of this situation, I think, quite cleverly, quite lively.
They've played into a weakness. What situation, the situation of
media being under attack, and so they've created the situation.
Speaker 2 (31:58):
They've almost got it keep going.
Speaker 21 (32:01):
What the right wing has taken advantage of is finally
the American people saying enough is enough. They're tired of
feeling like the mass media screens out one viewpoint versus
another in political coverage. They're tired of media institutions favoring
one party over another.
Speaker 2 (32:18):
They're tired of.
Speaker 21 (32:19):
Narratives over factual stories. If I had any advice for
sixty Minutes or anybody else, it would be just cover
the news and try to be fair about it and
stop putting your finger on the scale, especially.
Speaker 20 (32:30):
If that's that you're you're you're talking about the old
mass media myth that you could have this thing that
was in the middle of the Walter Cronkite saying that's the.
Speaker 2 (32:39):
Way it is when it wasn't for.
Speaker 20 (32:41):
Many Americans the way it was when people were passive,
people trusted the media, didn't know. They just couldn't be
heard because there was no two ways.
Speaker 21 (32:48):
Now we have the internet.
Speaker 2 (32:48):
Look at that it was here and now it's here.
It's falling off of a cam. We do have.
Speaker 7 (32:54):
We do have that gallop pulling it terrible in media
and now has in recent years. And let's be honest, Scott,
a lot of this is driven by the rhetoric of
the other.
Speaker 10 (33:03):
Side of what.
Speaker 18 (33:05):
You think.
Speaker 2 (33:05):
It's driven by the rheor not to perform absolutely question.
Speaker 21 (33:09):
My point is this, if your CBS or any other
news outlet, the reason that you have lost trust ought
to be obvious to you, and the way to fix
it also ought to be obvious to you. And it
has nothing to do with Donald Trump and everything to
do with the product.
Speaker 2 (33:22):
Just try to make a better product that appeals to
more people.
Speaker 21 (33:24):
And the way you appeal to more people is by
not crapping on half or more than half of the
country because of their values and
Speaker 7 (33:30):
Political I think that is a fair just if we
were sort of on another planet, out of context,
It's that time, time, time, time, luck and load.
Speaker 2 (00:11):
So Michael Verie Show is.
Speaker 3 (00:13):
On the air.
Speaker 4 (00:14):
I returned to this chamber tonight to report that America's
momentum is back, our spirit is back, our pride is back,
our confidence is back, and the American Dream is surging
bigger and better than ever before. This will be our
(00:36):
greatest era. With God's help, over the next four years,
we are going to lead this nation even higher, and
we are going to forge the freest, most advanced, most dynamic,
and most dominant civilization ever to exist on the face
of this earth.
Speaker 2 (00:56):
We are going to create the highest quality of.
Speaker 4 (00:59):
Life, build the safest and wealthiest and healthiest and most
vital communities.
Speaker 2 (01:06):
Anywhere in the world. We are going to conquer.
Speaker 4 (01:09):
The vast frontiers of science, and we are going to
lead humanity into space and plant the American flag on
the planet Mars and even far beyond. And through it all,
(01:45):
we are going to rediscover the unstoppable power of the
American spirit, and we are going to renew unlimited promise
of the American Dream.
Speaker 2 (01:56):
Every single day, we.
Speaker 4 (01:57):
Will stand up and we will fight, fight for the
country our citizens believe in, and for the.
Speaker 2 (02:03):
Country our people deserve.
Speaker 4 (02:08):
My fellow Americans, get ready for an incredible future because
the Golden Age of America has only just begun. It
will be like nothing that has ever been seen before.
Thank you, God bless you, and God bless.
Speaker 5 (02:46):
Honored you get to join you on this the National
Day of Prayer for President making remarks earlier today in
a prayerful home, hopeful, upper tunistic.
Speaker 2 (03:08):
Positive note. I feel he struck number of listeners.
Speaker 5 (03:15):
We're not a breaking news show, but I will speak
to this because I can tell people who are upset
about it emailing me very concerned with with Mike Waltz
being out as National Security Advisor after the.
Speaker 2 (03:29):
Signal chat leak.
Speaker 5 (03:31):
Let me say to you, folks, to be more like
the Democrats. Focus yourself on the cause, on the movement,
and understand that the pieces are interchangeable. Don't worry about
winning every battle, don't worry about things that are not important.
(03:55):
You know, the serenity prayer. God grant me the strength
to accept the things I can't change and the wisdom
to know which those are or something to that effect. Okay, yeah,
you're right, I bungled it all right. Let me take
a deep breath and remember it is. God grant me
the serenity to accept the things I cannot change, the
(04:23):
courage to change, that's right, yah, courage to change the
things I can, and wisdom to know the difference. Well,
it's not like I prepared ahead of time. I had
to remember it.
Speaker 2 (04:36):
That's it. God. I remember things by wrote.
Speaker 5 (04:39):
So when I first learned things, whether it be the
prologue to the Canterbury Tales or the message behind Thomas
Jefferson at the Jefferson Memorial in DC.
Speaker 2 (04:50):
I just say it over and over again.
Speaker 5 (04:51):
So I get into a routine, and you know, everybody
has their their tricks, but I've got to say the
words exactly because one word off and train gets off
the off tra. God grant me the serenity to accept
the things I cannot change, the courage to change the
things I can, and the wisdom to know the difference. So, folks,
(05:15):
we have been on a honeymoon. You understand this. This
is literally referred to in political jargon as a honeymoon.
Trump didn't get the honeymoon most of but I'll tell
you this, he got more of a honeymoon this time
than he did the last time because he insisted on
it because he bulldozed his way through the honeymoon. You're
going to have to stay focused on the movement because
you burn yourself out. We're going to lose some people
(05:37):
along the way. It might be Pete Hegseth, it might
be Christy Noum, it might be Marco Rubio. I don't
know that they're gonna be people we're going to lose
along the way. It is the movement that matters. It
is the war that matters. And do not fall in
love with people because they are expendable, I'm telling you,
(06:00):
And this is Trump's approach. He understands that there are
transactional relationships you can really like somebody. I despised Mike Pence.
I despised him the moment he was chosen. I despised
him as vice president, and I despised him more than
ever now. And Mike Pence is one of the kind
of guys that are supposedly Republican who work harder to
(06:23):
undercut Donald Trump than any Democrat ever has. And the
other one, who's the big fat guy that was Secretary
of State, Mike Pompeo, Pompus Pompeo, Chris Christy.
Speaker 2 (06:33):
You get all these guys.
Speaker 5 (06:34):
Around Trump that are you know, they're working as hard
as they can. Who was the woman that was the
Trump advisor and her husband? Uh, he's a big, fat guy.
Speaker 6 (06:47):
He wanted to be.
Speaker 5 (06:50):
He wanted to be attorney general than he wanted to
be an advisor to the president. He got neither. What
was her name. She was a little bit older, blonde haired,
she's real, real, real sharp, and then she ended up
kind of splitting with Trump and then came back to you.
But anyway, what point of all of this is, stay
focused on what matters here, folks. Stay focused on what matters,
and that is saving the country, winning the cause. We're
(07:13):
gonna have some scandals, or suppose it scandals. There's gonna
be some people who are cut loose because they cause problems.
This is the first. There will be many the later
you go into an administration. I've been at this for
a long time. The later you go into an administration,
the more you're gonna lose. You're gonna lose people that
make mistakes. They're gonna have sexual peccadillos. They're gonna have
(07:33):
a drug problem, they're gonna have a financial problem, they're
gonna have they're going to get in a fight, They're
going to get a DWI. It's just gonna happen. Meanwhile,
how bad is it for the Democrats? Kamala Harris making
her first major remarks after her embarrassing, humiliating election loss,
And it's not good.
Speaker 2 (07:51):
In fact, please allow me, friends to digress for a moment. Okay,
it's kind of dark in here.
Speaker 7 (07:57):
When I'm asked for show of hands?
Speaker 8 (07:59):
Who saw that from a couple of weeks ago, the
one of the elephants at the San Diego Zoo during
the earthquake.
Speaker 9 (08:08):
Google it.
Speaker 2 (08:09):
I do not see it. Sne has been on my mind.
Speaker 8 (08:15):
Everybody's asked me what you've been thinking about these days long.
Speaker 2 (08:23):
These Michael Barry's shows.
Speaker 5 (08:29):
The International Monetary FI the IMF was one of many
international organizations that was used to meddle in the affairs
of third world countries. It was a way for the
globalists to control the third worlders. You give them some
money and that gave you control. When my wife was
(08:50):
growing up, the IMF, the United Nations, all these were
they were very respected in India. That's why that was
the reason she wanted to be an economist. At the time,
economists were very well respected in India because economists provided
the labor statistics and manufacturing and agriculture data and analysis
that the international organizations would use to figure out how
(09:10):
exactly they were going to control these people. And the
IMF was an organization that was in these third world
countries considered very important because they wrote the checks and
pretended to care about the third world countries. But as
Scott Bessant, President Trump's Treasury secretary, who, by the way,
is doing a great job. Is he the most powerful
(09:34):
homo in America?
Speaker 9 (09:35):
Today?
Speaker 2 (09:36):
Who's more?
Speaker 5 (09:38):
Elton John may not be in him, He might be
in England right now? If you tell Elton John out,
is he the most powerful homeow in America? And why
is nobody celebrating him?
Speaker 10 (09:47):
Right?
Speaker 2 (09:47):
You think during Gay Pride Month?
Speaker 5 (09:49):
You think during Gay Pride Month they're going to say,
Scott Besson, he's a hero.
Speaker 2 (09:52):
He's one of us. No, no, they're not. And that's sad.
That's sad. Anyway, here's what he had to say. I
like this guy. A lot.
Speaker 11 (10:00):
Was once unwavering in its mission of promoting global monetary
cooperation and financial stability. Now it devosts does proportion of
time and resources to work on climate change, gender.
Speaker 12 (10:14):
And social issues.
Speaker 11 (10:16):
These issues are not the IMF mission, and the ims
focus in these areas is crowding out its work on
critical macroeconomic issues. The IMF must be a brutal truth teller,
and not just to some members today IMF, the IMF
(10:37):
has been whistling past the graveyard. It's twenty twenty four
external Sector report was entitled in Balances Receding. This polyannish
outlook is symptomatic of an institution more dedicated to preserving
the status quo than answering the hard questions.
Speaker 5 (10:56):
The Federal Reserve Chairman is appointed by the President and
confirmed by the Senate for a four year term. The
Federal Reserve sets monetary policy. And I'm assuming you know
what that means, but in case you don't, that is
what affects the interest rate at which you can borrow money.
So if you borrowed money for a mortgage at eight
and a half percent versus to and a quarter percent,
(11:19):
those rates, the rate at which the bank borrows and
then sets rates for you, the end consumer, are set
by the Federal Reserve.
Speaker 2 (11:29):
The Fed and as.
Speaker 5 (11:30):
Ron Paul said and his son after him, ran it's
an evil organization up to no good. Jerome Powell was
confirmed for his second term as chairman of that evil
empire in May of twenty twenty two. If that position
can be filled by the president, then does the president
(11:51):
have the power to fire the chairman. If he doesn't,
then that person is the most powerful person in the country,
right And that's what we're going to find out.
Speaker 2 (12:00):
See Trump proves you don't just go hey.
Speaker 5 (12:03):
People will say he can't fire the FED chairman. So
Trump understands, you fire him and then you force the case.
This is how you bring change. Senator John Kennedy from
wisy Ina was on Meet the Press and he said
he didn't think any president should have that power. Now
I'm playing this for all of you who love the
(12:23):
little bone moots of John Kennedy.
Speaker 2 (12:26):
Oh, John Kennedy's great. He's like Will Rogers.
Speaker 5 (12:29):
He's the folksy until it comes time that you need him,
and he'll always always let you down.
Speaker 13 (12:37):
Tensions have been mounting between the president and the FED chair.
Speaker 14 (12:41):
Would you support President Trump removing Jerome.
Speaker 2 (12:44):
Powell as FED chair?
Speaker 15 (12:46):
I don't think the president, any president has the right
to remove the Federal Reserve chairman. I think the Federal
Reserve ought to be independent. I think that j Powell
and President Trump need to sit down and once gain
have a hug and a cup of hot cocoa and
work it out. My experience with Jay Poal is that
(13:06):
he's got Tiger Blake. He's going to do what he
thinks is right, and he's not going to go down
in history as the Federal Reserve chairman that allowed inflation
to become wild, as a marqu hare, and he's going
to do what he thinks he's got to do.
Speaker 5 (13:21):
The CEO of Azoria, James Fishback, was on Fox Business
with Charles Pain when he said the Fed cut rates
before the election to help Kamala Harris. You understand how
this works, right. They cut the interest rate so you
could borrow for less. That stimulates economic activity. They did
that to try to help Kamala Harris. Because when things
(13:44):
are going well, you're more likely to support the party
that's in power. When they're not going well, you're more
likely to oppose them. That's why they don't want to
lower interest rates because that would stimulate the economy, and
they don't want that to happen for Trump.
Speaker 16 (13:58):
For every one republic economist who works at the Federal Reserve.
There are ten Democrat economists. For every one dollars donated
from FED employees in the twenty twenty election, ninety seven
cents went to Democratic candidates or causes. The rate cut
that had no justification in unfundamentals of the economy before
(14:19):
the election, was designed to throw Kamala Harris a lifeline.
And now when there's a real justification with lower inflation
in the midst of a trade negotiation, a real justification
for lower rates, j Powell wants to do absolutely nothing
except stand in the way. And so it's right that
President Trump is calling this out. He has many options
in front of him. But I just wish that Jerome
(14:40):
Powell would do the right thing, look at the facts,
look at what his colleagues in Europe and Canada and
England are doing, and lower rates to support our economy
in this critical transition period.
Speaker 11 (14:49):
So Day's many are concerned, myself included, at firing Pal
at this very second.
Speaker 9 (14:54):
With the market as fragile ed as is, can actually.
Speaker 11 (14:56):
Do more harm than good.
Speaker 2 (14:58):
Some have also talked about as shadow FED chair. Would
you be open to that? I would be.
Speaker 16 (15:04):
Open and I would be honored if the President would
consider me for shadow FED share. I've been following this
for a decade now, looking very closely at FED policy
and its implications not just on the stock market, Charles,
but on real America. As we speak, President Trump is
meeting with the executives of companies like Walmart, Home Depot,
and Target. He regularly meets with farmers, the unemployed retirees.
(15:25):
J Powell just sits around listen into whatever four hundred
PhD economists say talking about racial injustice and climate change.
We need a FED that is accountable to the American
people and that focuses on the real economy. To your question,
I'm going to be very honest with you. If President
Trump decided to fire J. Powell right now, the stock
market would panic. But at the end of the day,
our founding fathers would not want us to make long
(15:46):
term decisions based on the short term emotions of a
highly volable market. I think the President should consider his options,
and at the end of the day, ultimately the American
people and history, not the stock market, are going to
decide his faith.
Speaker 5 (15:59):
While we're on the sub to finances, Treasury Secretary Scott Besson.
We think he's doing a great job. He said something
that resonated with me. He said, everyone should care about
financial literacy, and I agree with this.
Speaker 12 (16:12):
Everyone should care about financial literacy, whether you are a
student with a summer job or a part time job
during school, whether you're in college, whether you're starting your career,
or whether you are at the end of your career.
Making good financial choices creates economic security.
Speaker 2 (16:32):
And look, it's fun.
Speaker 12 (16:34):
You learn about the markets, you learn how to.
Speaker 5 (16:40):
Have almost went the lawless good of myself.
Speaker 2 (16:42):
The Michael Verie Show.
Speaker 5 (16:44):
I've had a lot of people tell me that they
should have been taught. I wish they'd been taught in
school how money works. But it's not just in school.
Read Thomas Soul's Basic Economics. Just start there and educate
yourself on how the system works. People don't understand compounding interest.
They don't understand the effects of debt, they don't understand
the effects of equity, they don't understand any of these things.
(17:07):
You've got to teach yourself. Not whine about it, because
if you don't understand the rules of the game, then
you're you're not going to win.
Speaker 2 (17:16):
You want to know.
Speaker 5 (17:16):
Who hadn't learned the lessons about basic economics. Oakland's mayor elect,
Barbara Lee. This is Barbara Lee during one of the
debates leading up to her election, advocating for a fifty
five zero dollar minimum wage.
Speaker 2 (17:32):
Good grief.
Speaker 13 (17:33):
You're calling for a fifty dollars an hour federal minimum wage.
That's seven times the current national minimum wage of seven
to twenty five an hour. Can you explain how that
would be economically sustainable for small businesses? You have sixty seconds.
Speaker 3 (17:48):
First, let me say I owned and ran a small
business for eleven years.
Speaker 2 (17:53):
I created hundreds of.
Speaker 3 (17:55):
Jobs, benefits, retirement benefits, also.
Speaker 2 (17:59):
Held care benefits.
Speaker 3 (18:01):
I know what worker productivity means, and that means that
you have to make sure that your employees are taken
care of and have a living wage. In the Bay Area,
I believe it was the United Way came out with
the report that very recently one hundred and seven twenty
seven thousand dollars for a family of four is just
(18:22):
barely enough to get by. Another survey, very recently one
hundred and four thousand for a family of one barely
enough to get by low income because of the affordability crisis,
and so Just do the math.
Speaker 2 (18:35):
Just do the math.
Speaker 3 (18:36):
Of course, we have national minimum wages that we need
to raise to a living wage. You're talking about twenty
five dollars. Fine, but I have got to be focused
on what California needs and what the affordability factor is
when we calculate this wage.
Speaker 12 (18:52):
MISLEI thank you.
Speaker 5 (18:53):
It was just over a year ago when California raised
the state's minimum wage to twenty dollars, and.
Speaker 2 (18:58):
Do you remember what happened? Do you remember the rising wages?
Speaker 17 (19:01):
California's fast food workers started earning more money today, twenty
five percent more than they were making yesterday. The pay
raise could mean higher prices at some restaurants and has
reportedly prompted at least one Central Valley business to shutter today.
Speaker 16 (19:15):
The employees of the Foster's Freeze and the more showed
up for work but got their.
Speaker 13 (19:19):
Last paycheck instead.
Speaker 14 (19:21):
Actually, news anchor and Ne Garcia was in the war
tonight and talked to workers about the abrupt closure.
Speaker 9 (19:26):
Some of the people who worked at this Foster's Freeze
thought it was an April Fool stage joke until they
saw the clothes sign for themselves and reality sunk in.
Speaker 18 (19:35):
I was like okay, uh huh, April fools before all
he had with Warner, not April fools. I realized that
she was not joking. I drove straight over here and
got my last check.
Speaker 9 (19:47):
Mornica Nevadro got a phone call from her general manager
informing her the location would not open for business again.
Speaker 2 (19:55):
All day would be customers drove.
Speaker 9 (19:57):
In and away as they learned what the employees learned
Monday morning. How does that feel to.
Speaker 2 (20:03):
Show up and there has not be a job.
Speaker 4 (20:07):
Jarring?
Speaker 18 (20:08):
It's like, okay, you can go home, and then it's
like I thought.
Speaker 2 (20:14):
I was gonna work today.
Speaker 19 (20:15):
It's hard to take it when there was no notice
at all.
Speaker 9 (20:18):
The closure comes the same day California's minimum wage for
fast food workers rises to twenty dollars an hour. Economic
experts have been predicting closures and layoffs in the months
leading up to the hike.
Speaker 5 (20:30):
Most of the time, not all of the time, the
business owners have to pass those costs increased onto the consumer.
Speaker 9 (20:38):
At this Foster's freeze, the assistant general manager tells us
that was supposed to be the plan increased prices and
shortened shifts.
Speaker 6 (20:46):
He had to.
Speaker 8 (20:47):
Actually talk to us like we were preparing to pay
twenty dollars an hour, like it wasn't a possibility of
us closing. He had said, like, all right, on the schedules,
we're going to run smaller crews. We're gonna do a little.
Speaker 2 (20:57):
Bit shorter shifts.
Speaker 8 (20:57):
People are gonna get the hours cut a little bit,
but we'll be to make it work. We're going to
raise some prices.
Speaker 2 (21:01):
But like we're good.
Speaker 9 (21:03):
That all changed Monday morning, Nevado says, the owner told
her he just couldn't afford to pay the new minimum wage.
We called him to ask about the closure.
Speaker 10 (21:13):
Any recording.
Speaker 9 (21:18):
Hi, Lauren, this is Nick Garcia calling from ABC thirty.
At the time of this broadcast, we have not heard
back from him.
Speaker 10 (21:24):
Now.
Speaker 9 (21:24):
His former employees are worried about finding a new job.
Speaker 2 (21:27):
Look for a.
Speaker 18 (21:28):
Job, because what else am I gonna do besides look
for a job because I don't have one anymore without notice, And.
Speaker 9 (21:36):
The challenge of finding a new job for some of
the people here comes is they're trying to pay tuition
for college and deal with other expenses. Also challenging for
all involved, both the workers and the business owners, is inflation,
making cost cutting all the more difficult. In Lamar on
Nick Garcia, ABC thirty Action News.
Speaker 5 (21:55):
Peter Thiel is the co founder of PayPal Smart guy. Oh,
we were talking about most powerful homos. He's up there,
but I think Scott Bess and Treasury secretaries is higher.
He sat down with Joe Lonsdale and they were talking
about DOGE and waste and.
Speaker 2 (22:10):
Fraud and abuse.
Speaker 5 (22:11):
It's been found and Peter Thiel said, virtue signaling is
a sign of doing something evil.
Speaker 19 (22:19):
What do you think of doge? Speaking of efficiency gangs?
It's like, can they get half a trillion dollars with doge?
Speaker 18 (22:23):
Like?
Speaker 2 (22:23):
What can they do? What do you think?
Speaker 12 (22:25):
Give me more?
Speaker 1 (22:26):
I think there's a lot you can get. There's gonna
be a lot of resistance to getting it. You have
to you know, the the correct answer is just you
need you know it is always my correct you know
my answer on tax policy? You know what should tax
rates be? Just always a little bit lower? I'm i
gonna tell you the number. They should always be a
little bit lower. And you know how much should it
(22:48):
should always be? The government should be more efficient and
then once you made it more efficient, you should make
it more efficient.
Speaker 2 (22:53):
And there's a lot of room for that. And there's
a lot of so there's a lot of shocking stuff.
They're Finney even I would want to limit it to half.
Speaker 1 (23:01):
I don't know. It's it's a it's a four trillion
dollar and you will spend budget things.
Speaker 10 (23:05):
I think.
Speaker 2 (23:05):
I think it's higher now, and of course you.
Speaker 1 (23:07):
Know, a lot of that's entitlements, but I think I
think at.
Speaker 2 (23:10):
Six and a half now.
Speaker 19 (23:11):
Actually guess I think fourths that we're taking in forwards,
somethings were taken in. We're spending six and a half
because three point eights entitlements is a lot.
Speaker 1 (23:18):
And but even even the non entitlement pieces, you know,
is incredibly is incredibly off.
Speaker 19 (23:24):
No, and entilement's had lots of fraud too, probably, but
I usually I've been a little bit shocked, like I
knew there was waste, but there seems like a lot
of scams they're finding. I guess, like a lot more scams,
I guess.
Speaker 2 (23:33):
Than I think there's scams.
Speaker 1 (23:34):
I think the nonprofit stuff is really out of control.
Speaker 2 (23:37):
It's it's it's sort of like.
Speaker 1 (23:40):
I don't know, it's it's it's sort of like virtue
signaling is a sign that you're doing something evil. And
and so many, so much of this uh left wing philanthropy,
nonprofit world I think was you know, it was just
a cover for you know, borderline criminalize.
Speaker 19 (23:59):
It's how you shelled your soufia, put a virgie signal
players stealing money if you have everyone.
Speaker 5 (24:02):
Peter Thiel said, since Trump's inauguration, he's been the most
hopeful he's.
Speaker 2 (24:08):
Ever been in a long time.
Speaker 5 (24:09):
And this is a guy who wants to travel to
Mars or live out in the sea, and this is
a guy who thinks on a plane that I can't
even imagine.
Speaker 1 (24:15):
I'm the most hopeful I've been about things in a
in a long time. I think, uh, I think there
are some very deep problems that need to be fixed.
I think, uh, I think the opposition is completely exhausted
and out of ideas and so so it's it's it's
(24:36):
maybe the first time since since early Reagan that there's uh,
there's really an opportunity to to uh to change some
things in this country. And and and it's not the
sort of lame Bush Republican thing we had in the
you know, for for a long time in between. And
I don't think it's the completely sabotaged first Trump administration
(24:58):
where you had I don't know, it got blocked on
every level outside and inside the administration. So I think
they will get you know, it's very unusual. Normally the
second term does less than the first term.
Speaker 2 (25:12):
This is going to be the I think people will
be the real first.
Speaker 20 (25:15):
They are telling you what's called onesies, these little things
clothing for a baby.
Speaker 2 (25:20):
I like Malca Barry Ship.
Speaker 14 (25:23):
You're one of.
Speaker 2 (25:23):
All these onesies.
Speaker 5 (25:26):
The polling shows Democrats strange was going to have very
very low approval ratings, horrible approval ratings. So that's why
the media keeps saying Trump's bad. His numbers are forty four,
Democrats are twenty five. Put it into perspective. So Democrat
Congressman James Clapperton, the guy who brought you Joe Biden.
Speaker 2 (25:48):
He was on MSNBC. And you gotta admire these people.
Speaker 5 (25:51):
You know, I have buddies that are lawyers that have
to represent murderers or drug dealers or whatever else. And
and and you know the hired guns the or hired assassin.
Speaker 2 (26:01):
They make jokes about it. You know, I get paid
to lie.
Speaker 5 (26:04):
One of my buddies a criminal defense attorney, Dan Cogle says,
I get paid to lie. The other day I said,
you know, everybody thinks you're a liar, and he goes,
I get paid to lie.
Speaker 2 (26:12):
That's what I do.
Speaker 5 (26:13):
I'm an advocate, and in the purest sense, that's what
a lawyer does. He says things that he may or
may not believe because his job is to provide advocacy
or a canon, and that's for his client. That's hard
for people to understand. But at least he's honest about it, right,
and we have a lot of fun with that. But
James Clavern, he's supposed to be a trustworthy guy. He's
(26:35):
supposed to be somebody who's a leader, but he's not.
Speaker 2 (26:37):
He's an idiot.
Speaker 5 (26:38):
He said with a fate, with a straight face, that
Democrats have a great message. Their only problem is the media,
because the media is not left wing enough. So what
you have here is both sides blaming each other for
the mess they got themselves in.
Speaker 10 (26:56):
Well, I'll think the message that consan do a kind
of party.
Speaker 2 (26:59):
It's a good adpass.
Speaker 10 (27:00):
It's the problem we've got is that we have to
depend upon the media to deliver it. If we have
the Washington Post, for instance, caving to this will be dictated.
And we've got other media entities that seem to rather
(27:24):
push a narrative that will bring eyes to their newspapers
or to their television sets and not really give a
fear sharing or reporting to what we're doing. And I
have to rely upon people like yourself. You do a
great job of this.
Speaker 2 (27:44):
That's why I like coming on your shows on.
Speaker 10 (27:46):
The weekends, because you do a real good substantive reporting
of what the issues are around us. But when you've
got people say we're not going to fact check, we're
not gonna worry about whell not you tell the two
and just let the reproachs go out there, that's what's
killing us as Democrats.
Speaker 5 (28:07):
Ramon, did you watch The Office? I never watched The Office? Okay, well,
but I know who the characters are, a lot of
memes about them, and I know I was. I meant
to talk about this other that. I don't know if
I got to it. But Rain Wilson is a lefty
who was famous for playing the character of Dwight shrewt
Am I pronouncing that right on the Office. He sat down,
(28:28):
Oh it's been Polly a week ago now with MSNBC
Stephanie Rule, and she says that the public has a
lack of faith in the media and that that's because
of Donald Trump and Elon Musk. And he was supposed
to say that's true. Trump and Musk are bad guys,
but for some reason he didn't, which is surprising considering
(28:50):
what he does for a living.
Speaker 6 (28:53):
Of Americans don't trust mainstream media.
Speaker 2 (28:55):
Why is that?
Speaker 7 (28:56):
How do we get here?
Speaker 14 (28:57):
Listen, we are seeing a huge loss in trust of all.
Speaker 2 (29:00):
Of our institutions.
Speaker 14 (29:01):
It's the media, it's medicine, it's banking. It's a huge
problem because when you think about democracy and all of
these pillars, they need to stand tall, they need to
stand strong, and sort of losing that trust is not
by accident, it's by design. If you remember when President
Trump was running the first time, Steve Bannon once said,
(29:23):
the goal is to blow the whole thing up.
Speaker 2 (29:25):
And so I think that you've.
Speaker 14 (29:27):
Got mistakes made or things starting to slip. Well, at
the same time, there's a concerted effort to destroy the media,
because the media, that the news media is, in my opinion,
the last slide of defense of holding power accountable.
Speaker 2 (29:44):
Right, And you had a.
Speaker 14 (29:45):
Bit of a perfect storm, right, President Trump won and
tons of people were shocked or angry or frustrated and
they're tuning out. And at the same time you have
the Elon Musk media machine because they want you to
leave traditional media and they want you to go to
x which is a bastion of misinformation or there is
no fact checking.
Speaker 2 (30:04):
So it's a perfect storm of people.
Speaker 14 (30:07):
Saying, I'm angry, I'm frustrated, I'm tuning out, I'm disconnecting,
and then you have a force pushing it. But even
in the last two weeks, what we need to do
is just cover.
Speaker 2 (30:20):
What's happening in America.
Speaker 18 (30:22):
Right.
Speaker 2 (30:22):
We have to cover Democrats.
Speaker 14 (30:24):
Trying to figure out what their lane is and how
they're going to get back on their feet, and we
have to simply cover what this White House is doing.
And I think if we do that right, there's that saying,
you know, trust is gained in rain drops and it's
lost in buckets, and it's not a yes, you're not
incorrect that the media.
Speaker 2 (30:42):
Has lost trust.
Speaker 6 (30:43):
This is where I would push back when I see
this kind of insight and passion being directed at the
current administration and the lack of this kind of insight
and passion being directed at the previous administration, where again
I'm not talking about you, talking out left leaning news
media organizations were kind of like.
Speaker 2 (31:04):
La la la, la la, everything's fine with the environments.
I mean, look, the.
Speaker 6 (31:08):
Economy's great, La la la, Immigration's not that much of
a problem. And really being Cleopatra Queen of denial, thank
you boom.
Speaker 5 (31:17):
I could literally do an entire show with highlights of
Scott Jennings just humiliating his colleagues at CNN, just humiliating.
He told Jeff Jarvis and Abby Phillips that the reason
the public has lost in the media has Sorry, the
reason the public has lost faith in the media should
(31:40):
be obvious to them, but we all know it's not.
Speaker 2 (31:43):
Hello, Scott has.
Speaker 20 (31:45):
Taken advantage of this situation, I think, quite cleverly, quite lively.
They've played into a weakness. What situation, the situation of
media being under attack, and so they've created the situation.
Speaker 2 (31:58):
They've almost got it keep going.
Speaker 21 (32:01):
What the right wing has taken advantage of is finally
the American people saying enough is enough. They're tired of
feeling like the mass media screens out one viewpoint versus
another in political coverage. They're tired of media institutions favoring
one party over another.
Speaker 2 (32:18):
They're tired of.
Speaker 21 (32:19):
Narratives over factual stories. If I had any advice for
sixty Minutes or anybody else, it would be just cover
the news and try to be fair about it and
stop putting your finger on the scale, especially.
Speaker 20 (32:30):
If that's that you're you're you're talking about the old
mass media myth that you could have this thing that
was in the middle of the Walter Cronkite saying that's the.
Speaker 2 (32:39):
Way it is when it wasn't for.
Speaker 20 (32:41):
Many Americans the way it was when people were passive,
people trusted the media, didn't know. They just couldn't be
heard because there was no two ways.
Speaker 21 (32:48):
Now we have the internet.
Speaker 2 (32:48):
Look at that it was here and now it's here.
It's falling off of a cam. We do have.
Speaker 7 (32:54):
We do have that gallop pulling it terrible in media
and now has in recent years. And let's be honest, Scott,
a lot of this is driven by the rhetoric of
the other.
Speaker 10 (33:03):
Side of what.
Speaker 18 (33:05):
You think.
Speaker 2 (33:05):
It's driven by the rheor not to perform absolutely question.
Speaker 21 (33:09):
My point is this, if your CBS or any other
news outlet, the reason that you have lost trust ought
to be obvious to you, and the way to fix
it also ought to be obvious to you. And it
has nothing to do with Donald Trump and everything to
do with the product.
Speaker 2 (33:22):
Just try to make a better product that appeals to
more people.
Speaker 21 (33:24):
And the way you appeal to more people is by
not crapping on half or more than half of the
country because of their values and
Speaker 7 (33:30):
Political I think that is a fair just if we
were sort of on another planet, out of context,
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