Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
All right, we've got November eighth. It just it now.
The time just goes real quickly. We went from Halloween,
Thanksgiving and then Thanksgiving to Christmas is like mega consumer
awareness month.
Speaker 2 (00:15):
Yeah, I mean Christmas just comes out if you live
in a neighborhood that already decorations coming up. I feel like,
you know, sue as Halloween as it's just well it
will skip Thanksgiving than skimming just as like you know,
the food prelude to Christmas.
Speaker 1 (00:28):
Yeah, in the NFL has a wonderful talent of always
having a Thanksgiving game that's totally irrelevant. Yet you don't
want to talk to your relatives. Y, that's happened to
me one time we're walking to this game. Nobody really cared,
and you know, the cable went out. I just looked around.
Everybody said, now we've got to talk to each other.
Fortunately the cable came back. But look, this is a thunderdome.
(00:49):
We're rock the Capital. We're a good government organization opposed
to corruption. We don't take sides, we take aim. We
were founded in two thousand and five. Again, as I
said after the pay raise, our webmaster is Rebecca James.
She's done a great job, and you know, right off
the bat, just you know, a couple observations millennials. Oh,
(01:12):
before we forget next Tuesday's Veterans Day. So it's not
just another day off. It's an interesting holiday because when
I was growing up, they called it Armisice Day.
Speaker 2 (01:24):
Oh okay, and was the World War One?
Speaker 1 (01:26):
Well yeah, World War One eleventh Day in the eleventh month,
and in fifty four it was changed to Veterans Day.
So it's really an opportune time, as is any time
to thank people who served for providing us with this
blanket of freedom that we have in art. I mean
(01:48):
anything on Bettersday, you're going to do anything special.
Speaker 3 (01:50):
I mean, well, we have an our Jay's Birthday event
and Veterans Day on Tuesday, so that's coming up.
Speaker 1 (01:57):
Yah. Yeah, I didn't get my invite, but I'll check
the mailbox on Wednesday.
Speaker 2 (02:03):
Sure, there's always a good veterans organizations. I know there's
the I think the green Light Organization here in Dolphin County,
and then if you go to your grocery stores, there's
always different veterans charities that it's raising money. So if
you see if you have an extra change a dollar
or two you always give it.
Speaker 1 (02:17):
Well, no, I mean you should do that. And you
know what I was going to say is that there's
a blizzard of billboards and ornaments and signs beginning with Halloween,
which I guess begins like eight late August. Yeah, and
then I mean people need another house to store all
their ceremonial display stuff.
Speaker 2 (02:39):
Man, well, I think it's got to keeping up with
the jones Is factory. Once one person does that, someone
else is one is shown up. And it's be honest,
women love decorating, So any excuse to decorating.
Speaker 1 (02:49):
There's a lot of dudes out there. I mean, come on.
So my deal is, if it's keeping up with the Joneses,
why not not decorate? That's right, you know, just dark,
get it out. You make it a bit scary. So
at any rate, a couple observations, I just want to
see how you react to it. It may not seem
like a lot. And we'll talk about New York City later,
(03:10):
but apparently households with three or more children has dropped
by about I don't know, seventeen percent because the two
things childcare and rent. Is this just New York or
is this across the countries?
Speaker 2 (03:22):
Just across the country, is also across the developed world.
So it's not just the United States problem because one
people people thought, well, this could be economics. House to
buy a house or run of house is harder now
and childcare costs. But even in other places that have
better income to housing ratios and paid for childcare or
seeing the same problem. And I think it's that as
(03:44):
women entered the workforce and we became more i guess
sexually tolerant of like just different relationships, the kind of
social pressures to start a family and stuff went in
other directions to you know, careers and then just different
activities on both genders.
Speaker 1 (04:00):
So much so let me ask you this. Growing up
in the sixties seventies, you had one income families, yeah,
and you know the mother stayed home. You know, things changed.
Women wanted to be more than just I don't say
just a nurse or a teacher. They had other options.
And now I think the difference is you have to
(04:23):
have two incomes. Yes, it's not an issue of well,
I choose to work and not stay at home. It's
like necessity because according to this article and what we've
observed is, you know, one of the main expenses is daycare.
Speaker 2 (04:37):
Yeah, takecare. The cost someone the study on the cost
of like starting a family has just gone up. Housing, childcare,
and the cost of like stuff has gone down, so
like TVs, phones, So if you compare, let's say your phone, Yeah,
thirty years ago, you know, used to pay two hundred
dollars for this huge brick. Or you have computers that
(04:58):
would fill up the entire room. Now everyone has a laptop.
You get you know, a decent outtop for just you know.
Speaker 1 (05:04):
Yeah, but it's let's let's spay spent more time. In
other words, you know, you have kids that are coming
to first grade overweight at a large percentage, like I
think it's like one third of kids. Uh and and
and you know they're not playing you know, they're spending
a lot of time on video games. This is an observation.
And you know, I think it affects your attention spend
(05:27):
and affects your health. And so I guess what I'm
coming to is when you look at households with no
children from a property tax perspective, that's.
Speaker 2 (05:39):
Not bad, that's right. So for for your local school districts, right,
that's that's not bad at all, because you got people
contributing and essentially not taking our services for the long
term health of the country. That is back as you
have less workers and more retirees right running, you have
a lot of back end costs on you know, aging,
so medicare, so security, retirement that's subsidized with the government,
(06:02):
that's subsidized with people working. So the less kids you have,
that has to be supplemented somewhere, either by higher taxes,
more people, more immigrants, let say, or lower benefits on
the back end.
Speaker 1 (06:13):
Well to the point I was trying to make and
hopefully I'll make it better in the second episode, is
that birth rates are declining, like you said, across the
western world Japan. What does that mean when at the
same time, you know, folks are having a real stern
immigration policy.
Speaker 2 (06:30):
Well, I think is what we brought up. It's I
think you just gold put the housing. You put it
to other issues, but housing is the biggest one. Whereas
when people feel like there's pressure on housing where it's
hard to buy a house, stort to own a house,
sort of the American dream, rent's becoming a much bigger
part of your income. Right, push against immigration increases because
because obviously if you increase the number of people, you
(06:51):
don't have to supply of housing. That makes it hard
to get a house and the prices go up on
the foot. So so you have that push against immigration.
On the flip side, we have aging populations. So what
do you need to have an agent? You need workers
to pay taxes to contribute to that aging demographic. That's
not contributing anymore, that's retiring, but.
Speaker 1 (07:11):
The aging population, it takes a larger share of the
medical resources and at the same time probably requires quite
a bit of staff. And you know, I think, yeah,
care So somebody who's not going to need housing anymore
is Dick Cheney. Uh, that's a good that's a good hook.
(07:34):
He was known as Darth Vader. He's actually had a
remarkable career an intern for Nixon, chief of staff, youngest
ever for four when he was a moderate you know,
Reagan Bush Bush to white houses, and he was probably
the most powerful vice president ever. I respected the guy,
never liked him. He was again known as Darth Vader,
(07:57):
but he I think said one of the most damaging
things into thousand and two to his Secretary of Treasury
Paul O'Neal when he said Reagan proved that don't matter.
So I mean, I mean, you're a lot younger, and
he probably didn't have much of an experience with Dick.
So most people know his daughter will in. I think
(08:18):
it's gonna be really interesting to see what Republicans go
to his funeral.
Speaker 2 (08:21):
Yeah, so I think right now, because of his decisions
with the Iraq War and the rise of Trump, he
and his daughter's defection, I think he's he's definitely not
going to be, you know, a beloved hero of the
Republican Party where a lot of people come to him.
I don't know if he's a beloved hero with the
Democratic Party either. Maybe some of the politicians. So, but
(08:41):
he was listening. He was a very successful bureaucrat and politician.
I don't want to stock the ill of the dead,
obviously is very sad.
Speaker 1 (08:49):
Yeah, I don't have a problem to do with that.
So there's a direct link in my mind between Cheney,
Trump and Biden in terms of self dealing. Before training
came to the White House. Uh, he was head of
Halbert Aliberton got a lot of contracts during the WARLD. Yeah.
If you look at the Trump boys now they're headquarters.
(09:12):
I guess is in the United Arab Emirates and contracts,
including bitcoin contracts, gets them up to five hundred million
a year.
Speaker 2 (09:20):
Yes, didn't have bitcoin, or just saying cryptocurrency. It's not bitcoin,
bitcoins of type of cryptocurrency, but that these different types
of stable coins, and then also license agreements in real
estate deals with United Arab Emirates, which is obviously they're
clearly benefiting from. And then this is the same thing
to happen with Biden where his son went around Ukraine
(09:40):
to Russia and got contracts and deals from other countries
basically off his name back when he was vice president.
Speaker 1 (09:46):
So I but what I'm saying to you is it's
hard for me to really the Trump brothers get their
contracts if they didn't have a famous father.
Speaker 2 (09:54):
Oh yeah, the same thing with Biden. But the problem
isn't the same that I mean.
Speaker 1 (09:58):
You're talking about. We're now getting in millions, if not billions.
Speaker 2 (10:02):
And this is probably a little worse. I could see that.
Speaker 1 (10:05):
Yeah, Okay, So.
Speaker 2 (10:07):
I guess my point is the problem with I think
just only going after Trump and only after Biden is
that they get to they get the sky pass, where
people say, oh, you're just defending your guy.
Speaker 1 (10:18):
Now you go after all of them. That's right. I
mean it's to me. You take them all out, like
they said the Godfather, Let's take them all out while
we got the muscle. So it's Eric Capstein, Brian, Millennial,
Brian for your first name. About that. The show's Thunderdome.
The organization has rocked the Capitol, and we're being produced
by Art Selby. We'll be right back. So Millennial, I
didn't give you an opportunity to get anything off your
(10:40):
chest at the beginning. Is there anything?
Speaker 2 (10:42):
Well, I think we both just watched the Penn State
Indiana game. Oh my god, and you know we came down.
I think I might be a bad luck charm because
clearly I came in to watch the game and right
from there Indiana just drove right down the field, made
amazing passes and catch the quarterback is unbelievable.
Speaker 1 (10:59):
He's the Heisman show.
Speaker 2 (11:00):
I mean, he's he's looked great and he made the
last pass he made he was getting hit. He was
falling backwards through a dives in the end zone. The
wide receiver had one of the best toe taps on.
Speaker 1 (11:09):
Seeing Yeah, look, Penn State. It's obviously been a disaster
of a season, but they're fighting. You know, they played
three teams, two number twos and one number one and lost.
And they had the potential today to get the monkey
off their back and beat a top five team, but
they didn't. And I don't know who they have next.
(11:33):
There's probably an in conference game.
Speaker 2 (11:35):
Yeah, I think is it Rutgers?
Speaker 1 (11:38):
Look they but they're three and six. You remember at
the beginning of the season Millennial said they could.
Speaker 2 (11:45):
You saw the schedule. You're looking at Oregon like, if
they lose that game, it could spiral.
Speaker 1 (11:50):
I'll give you credit, right we had I thought Oregon, Iowa,
Ohio State and I don't I don't know in Indiana,
Michigan State next, Oh dey, Yeah, that's winnable. I mean
that one because that's the Land Grant game. So that's
going to be played out in Grandpaul Jones's field, isn't it.
(12:10):
I mean there's some of the trophies. You kind of
pushing it. So looking at immigration, and we haven't had
a lot of talk about that. I don't know how
many people there are left to de detain and deport.
And you were ahead of the curve on this, so
I'm looking at a study which says, really the amount
(12:30):
of money that immigrants send back or remit to their
home countries is staggering, yes, and it dwarfs the amount
of foreign aid these countries get. So I'm looking at
the data of the International Organization for Migration says the
United States sent out almost eighty billion, eighty billion in
(12:51):
twenty twenty two. So with those people, some of them
being repatriated, what does that do? I mean, what's the mean?
That's a lot of money you're getting because.
Speaker 2 (13:03):
If you look at it's not just that it goes
straight to the families in Mexico or in India or China,
but it completely changes the consumer base of those economies
because now you're dealing with people that you know, especially
having their you know, their incomes doubled or supplemented a
huge degree. And that changes how much, you know, the
stores down the street we're able to sell prices for
(13:25):
how much they able to profit from. I mean, if
you will get to Mexico a huge amount of their
like basically middle class which is obviously still way below
United States or Western standard, but decent got paychecks. For
a minute, it's like a huge we.
Speaker 1 (13:40):
Did we did a little episode on that Mexico is
middle class though is.
Speaker 2 (13:45):
It's decent, It's big. It's bigger than people realize. You know,
when you hear in Mexico, you think of the cartels.
If if I told you that basically they're they're the
average consumer in Mexico, and then average consumer in China
is basically on par with each other. That's that's basic true. Now,
China has one point four billion people, Mexico has one
hundred million. In China has other other things that Mexico
(14:08):
doesn't like because Mexico is relying on US tech and
China's trying to challenge that. But I think in general,
if you look at kind of the average lifestyle, even
let's say Mexico City, if you look at that, if
I just took the name off, I told you this
is a very this is a Spanish city, right, Oh yeah,
that makes perfect sense. So I but that's a huge
part of that. So the American economy, American tourism, American investment,
(14:30):
and then remittances from obviously legal workers but also illegal working.
Speaker 1 (14:35):
It's a strange dynamic. I mean, China does have things
that Mexico doesn't have, including COVID and fetanoyl. But you know,
Mexico also has a pretty strong drug economy. I mean,
that's the point I'm trying to make is in both countries. Uh,
that's an export, not an import.
Speaker 2 (14:54):
That's one hundred percent. Mexico gets ten percent of their
economy directly from the cartel trade. To remember that even
higher because those cartel members washed their money and legal businesses,
so a lot of the tourist destinations that Americans will
tell to or cartel owned. Even normal more normal business
like agricultural cartels will have their hands in that too.
So so you have the legal trade which is like
(15:15):
ten percent of the huge amount of their economy, and
then you have the more legal trade owned by very
similar to the people that used to run alcohol prohibition
in the United States. It's horrible businesses.
Speaker 1 (15:31):
I mean, it's hard for people because I think alcohol
was actually abolished FDRs. That was one of his promises,
and you know a lot of organized crime began there.
And then you're right, they dressed it up and tried
to look uh I guess somewhat legit. Yeah, but they
(15:52):
weren't as this is just made as the drug terror,
not as violent and ruthless. I mean, it's could be wrong.
Speaker 2 (16:00):
Well, listen, it's it's very different because you have when
you had the alcohol purpose or you just had normal
mobs in the United States, they're they're under there. The
country they're selling in and they're operating in is the
country that they're physically doing the crimes in, too, So
there's a there's an enforcement mechanism is there when the
when you're outside the country of where you're selling and
(16:23):
doing the crimes, the enforcement mechanisms out there. So you
essentially have the enforcement mechanism in Mexico is are you
stronger than other cartels or are you able to bribe
other elements to the government to stop you? And that's
so it's basically a money and guns problem, not an
enforcement problem.
Speaker 1 (16:38):
This is true. I heard that growing up. You you
have three options. You can vocational training, academic training, and
then you can what do you call that when you're
going to program and uh, you know, you can be
mentored by somebody from the cartel main man. Yeah, yeah,
I mean, so I'm saying this and jest, but if
(17:00):
you have an economic situation that's dire, not a lot
of opportunity. I see where this could be attracted.
Speaker 2 (17:06):
One hundred percent. Listen. To give people an example, there's
the group called the Zetas which controlled the I thirty
five quarter, which are the most profitable drug quarrider in
the world. They got their power from the Mexican Special Forces,
which got trained in America. They went to them and said, hey,
we'll pay you five times the wages, and then if
(17:28):
you don't want to come work for US Helvius transport drugs,
well we know where all your families live and we'll
go and we'll kill them. And so what happens is
the Plazau or Plumo dilemma, where they eventually worked for
the Zetas. They took over that whole region. They killed
the mayor, they killed all administration, they killed the police chief,
and they hung them from a bridge and posted warning
(17:50):
signs to be like, we now run this area. So
it's just like when you're in that environment and it's
not remember all the enforcement mechanisms of the United States.
So once you're in Mexico, well you're basically just run free.
Speaker 1 (18:02):
So let me bring this full circle. Hopefully I can
do it in a coaching way. You know, we started
talking about essentially immigration and the remittances that get sent
back to countries you know where the folks are originally from.
So if I'm looking at this rate, you're looking at
countries Honduras, Nicaragua, salvad Or, Guatemala twenty to twenty seven
(18:23):
percent of their income. Yeah. So now, Brian, what happens
is these folks are being repatriated. So not only are
you not having the income, you have more mouths defeat.
So how does that not lead to more I mean,
if your only opportunity is dealing drugs and you're living
in it, but you're not going to be able to
(18:44):
go to America, You're not getting money from your relatives
in America. Has anybody thought out the potential impact of
that well?
Speaker 2 (18:52):
And there's been mixed results. So I think in Honduras
they try to stem the violence, but you're right, in
other is they're importing. So some of these people are
a gang members, so they just go right back to
life of crime and join those gangs. I think the
problem is if you don't depoort people, or if you
don't enforce the laws, this ever end Do we ever
get an endpoint where we switched to He's a problem.
(19:15):
So I think it's a it's gonna be addresses real issue.
The idea that there was no issue and people is
just ridiculous.
Speaker 1 (19:21):
Well, the open border thing was naive. However, you know,
there's three things that we need to look at. We're
gonna need the labor I mean, so is Europe and
most Europe is like America. You know, we're very populist
and you know, reluctant to bring more people. The second
thing is we need a policy that can transcend both parties.
We can't be going you know, yes, back and forth.
(19:43):
And the third thing is, folks, you need to remember
we're a country of immigrants.
Speaker 2 (19:47):
I've been suggesting that the Australia policy for I think
probably multiple Remember I.
Speaker 1 (19:53):
Mean you should get citizenship in Australia and Switzerland. Uh, now,
all right with the Australian.
Speaker 2 (20:00):
So the Australian is a point based system where basically
everyone wants a visa can apply their ranks based on
how much money they make, or how much money, if
they have any particular skills, if there's like they speak English.
Based on those those formulas, a certain number of is
let in and then that number is connected to the housing,
infrastructure haven't played. So Australia recently doubled their number. They
(20:22):
thought it was too high and they brought it down
to a third of what it was. So that shows
the chain because they're thinking of complete control of the
visa system.
Speaker 1 (20:30):
How the hell does somebody illegally immigrate to Australia. It's
a freaking island.
Speaker 2 (20:36):
That's the thing is. They used to have the boat
problem where people would just get on a boat and
they would just hit Australia and they say, we got
You're not going to turn them away, are you. And
eventually they just said that's exactly what we did, and
they turned away.
Speaker 1 (20:47):
And then the shock shark population really increased.
Speaker 2 (20:50):
Right, Yeah, whatever. I listened to the when the Prime ministers,
it was a left wing guy talk about that. He's like, listen,
if you want people to be pro immigrate, you have
to enforce the rules otherwise they just don't take it.
Speaker 1 (21:03):
The argument serious penalty for the people who take the
time to become a citizen. You know, I get that.
But when we were talking about this before Germany, like
the average age of a worker is fifty. You know,
it's not only replenishing workers, but training them, and you know,
I said, jest. You know, some kids grow up training
(21:25):
to be you know, dealing with drugs. Not really that
much dissimilar to inner cities, Yeah, where you know, the
opportunity is just not there.
Speaker 2 (21:34):
And people people make bad as voices.
Speaker 1 (21:37):
Yees.
Speaker 2 (21:37):
So I think that the hope is that if you
have an immigration sistem where people are contributing, paying more intaxes,
they take out benefits contributing the innovation to comment, which
they certainly do in many aspects, that that'll not only
would the regulation help bring support for immigration, but a
better immigration policy total.
Speaker 1 (21:53):
I have a place to deport them, and then we
go to break. I just read that Trump put tariffs
on an island that only has penguins.
Speaker 2 (22:02):
Okay, so this is our place is Australia.
Speaker 1 (22:05):
That's the plan, man. So I'm ericaps steinnam in with
Mallane O'Bryant. The show is Thunderdomee We're rock the Capital.
Were being produced by Art Selby and we'll be back
in just a moment. All right, So we're back. I'm
going to do a couple of quick hitters with Brian
also wanted to say hello to the member there's the
(22:26):
Rock to Capitol has a membership. It's a platinum club. Uh,
you can roll in that. Also with that membership you
also get to become an American citizens. Anyway, Hi to Larry, Jeanie, Nancy,
Tom and whoever I forgot, I apologize. So look, I'm
(22:48):
just gonna go through a couple of items and tell
me what they mean. My takeaway from Tuesday was that
the Democrats finally started talking about issues people care about,
and especially in Virginia, New Jersey where two conservative you know,
pro defense Democrats won. Yeah. So the California referendum, so
(23:12):
go ahead.
Speaker 2 (23:13):
Yeah, so the California referendum is not redistricting. California before
this had an independent commission that would set the districts,
and that led to I would say, obviously California is
a very level state, but it led to more competitive
districts than what otherwise would happen. They switched to basically
what other states have been doing, which is cherry managering,
(23:33):
and which basically, you know, if you're Republican, you like
it the Republican states cherry manager. If you're Democrat, you
like it when Democrat states cherry manager. But no one
defends it. So they voted for to basically start cherry
managering California.
Speaker 1 (23:45):
It was what the sixty something to forty It was significant,
sixty four percent of the velop Yeah, it's a shame
because California also has an independent compensation Commission and so
they set legislative salaries and not the legislature. It's all right,
So the three way mud wrestling match in New York. Yeah,
(24:06):
in New York. I mean, you know, Cuomo's tarnished. Curtis Sailway.
I can't think of the name.
Speaker 2 (24:15):
Of the group he started, the Guardian Angels. So he
would go on subways when the crime was spiked and
he would, you know, try to help out with them.
Speaker 1 (24:25):
And they were very popular in the seventies and in
the eighties and now he's wearing the beret. So and anyway,
he got ten percent, got forty.
Speaker 2 (24:36):
I can't, man, Ma'm donnie, I'm saying I'm probably saying
that wrong. So he's he's uh, he's an Indian ethnic origin.
He's from Uganda. He's a refugee. His families are refugees
from Uganda. They got kicked out during the dictatorship there.
That kicked out all the Indians, and then he moved
to the United States became mayor of New York. So
from that perspective, it was a very big underdog story
(24:59):
was legislatives. A state legislator in the New York State Senate.
He so initially he had one percent of the vote,
and then he worked his way up through kind of
online messaging, sort of going on these like kind of
TikTok shows and got his name out there. And then
he challenged Cuomo, who obviously has his pass of let's say,
(25:24):
as such a corrupt and central assault allegations. And then
he had the fact that cursed it was a Republican
and then he carved out on the lane, and part
of his lane was affordability, very similar to the people
who won the Virginia and New Jersey governors. It was
all about affordability. Similar to when Trump ran it was
about inflation and affordability. So I think we're seeing this
(25:46):
across all.
Speaker 1 (25:47):
And I think what I saw in New Jersey, in Virginia,
I don't know about New York is the Democrats stopped
talking cultural wars. Uh, you know, talking pronouns doesn't do
you anything. Yeah, I mean Trump had a great commercial
where there was four girls playing basketball, then a big
guy with side bro Trump's with us. You know they're
(26:07):
with it. You didn't see it. And what's interesting fascinating
New Jersey and uh, Virginia. Those are conservative Democrats.
Speaker 2 (26:16):
Yes, they are conservative Democrats and they and Trump got
big gains in those states that there's still blue states,
but he got big games they reversed. I think affordability
is going to be an issue no matter who's in power,
because I'm looking at other countries elections and the UK
with both the conservative labor governments went out are going
to go out of power because of affordability. In Canada,
(26:39):
the liberal government was about to lose a huge election,
got floped by other issues on affordability, and this.
Speaker 1 (26:46):
They got put back by Trump declaring war.
Speaker 2 (26:48):
I meant in Australia affordability is the biggest issue. Basically
all these countries, it's income to housing income, to energy
income to things that we need to live that those
are been the biggest issues. And so that's looked all
these elections. I think the question is can incumbent power
(27:08):
actually do something about it, and that if they can,
they'll stay in power. If they can't. I think you'll
see this Republican or Democrat flip back and forth.
Speaker 1 (27:17):
Yeah. I think that the key is going to be
young people. They're going to graduate college with a lot
of debt. I think the average age of a new
home buyer is forty. Yes, so the American Dream wasn't
supposed to be a sequel to Rip van Winkle. You know,
you were supposed to be awake and coage and able
to enjoy it. Housing is a difficult issue, although I
(27:37):
don't I think a lot of the homelessness, like I
was in San Francisco, was like nobody could have afforded
housing there. Yeah. Either, So I'm going to hit a
couple other races Pennsylvania and nobody's covering this. Larry Krasner,
who was vilified on the floor of the House in
the Senate.
Speaker 2 (27:55):
You want a third term?
Speaker 1 (27:56):
Killed? Yeah, and now he had basically what was interest seeing.
He said, I want to have meetings with constituents to
see what your priorities are. I mean, just stunning the
Democrats throughout the state did well.
Speaker 2 (28:10):
Yeah, Democrats did very well everywhere, and I think part
of that is midterm elections within presidents. The other way
it sort of flips in that party's favor. So Republicans
got huge gains in first term Obama Joe Biden actually did.
The problems are okay, but then to that grate in
(28:31):
the midterm election, and this is the same things.
Speaker 1 (28:33):
That you're out. We're not really to the mid term.
Speaker 2 (28:35):
That's right.
Speaker 1 (28:36):
And I think there's three issues folks, you know, should
be looking at because we don't know if this is
just an abarition or here to stay. The first issue
is that Democrats have taken advantage of mail in ballots.
You know, the Republicans, and there's a lot of Republicans
who understand the value of them, but you still have
(28:56):
a president. The second is love them or hate him.
Trump draws voters, yes, and he wasn't obviously, I don't
even know if he campaigned.
Speaker 2 (29:06):
Well, I think here's someone said this real well. He
said Trump draws voters, voters on both sides, but when
he's not on the ballot, his pool to his own
voters is much less. He's not able to get him
out for other Republicans as well, whereas the people that
still hate him always come out. And so that's interesting
is that if he's not on the ballot. It it's
(29:26):
just someone that can draw those same voters because part
of the ability of him is that he got well,
I would say, working class democrat areas to really flip
whether there's you know, old manufacturing areas or coal mines
to his side. And I don't know if those are
high propensity voters in mid terms and.
Speaker 1 (29:45):
There well, but I mean those folks started with the
Reagan Democrats with the collapse, you know, the steel American steel,
and look, he built on things that were occurring like that.
And also the fact that Democratic brand at stale. You know,
you have it. I'm a Democrat, but I prefer to
be an independent. It would have to vote in the primary.
(30:06):
It seemed like you had to read a litmus test
of acceptable positions before and yeah, so I think Trump
made it simple and you know a lot of working
class people were trending that way. And you know the
third thing though about the voting is sixty percent is
(30:27):
a huge number. Yeah, I mean sixty percent turned out.
So is that because you know some people said, well,
you know, the government was shut down and they were
pissed or did that.
Speaker 2 (30:39):
Well, that helps because if you think about where the
election part of the elections are in Virginia, Northern Virginia,
where people obviously have a huge because are very directly
impacted by that. I think the other thing is is
the Trump factor of he draws people to the polls.
Even the people that don't like him, they want to
they want to come and vote against him. And I
also think it's this idea that no matter how the
(31:01):
voting's going, things are getting worse. This is not the
eighties and nineties, very optimistic America. This is, you know,
the very skeptical down our lock. Things aren't going the
way it should America. And people are anxious and both
on both camps, and they want to vote and try
to change that.
Speaker 1 (31:16):
Well, I here's the problem. You know, the issue, the
paramount issue in every election doesn't even exist four years later,
whether it was Obamacare or build the wall. All right,
So to me, that's the fundamental issue. If we swing
back Democrats Republican and Republican and Democrats are so diametrically opposed,
(31:38):
how can you have a coherent energy policy, a coherent
foreign policy, a coherent education policy. And we see what
Trump's tariffs. The reality is other nations are looking to
buy other places than America.
Speaker 2 (31:55):
Well, yeah, so it's interesting because there used to be
the Democrats were very skeptical free trade Republicans are wrong
for it. Now that's flips ackwards. Yeah yeah, and but
but the the interesting thing is other countries, just as
you know, when we flipped to anti free trade, other countries,
specially the developing world, which used to be very free
trade skeptical, are now moving in that direction. And so
(32:16):
the question is like, how do we deal with that
because some of them, I think I'm a free trade guy,
but I think many of the criticisms Trump or even
Bernie Sanders or these people put out, which is, hey, America,
it's one thing to be free trade. It's nothing to
be a sucker on all these deals and not to
have any backbone.
Speaker 1 (32:30):
But so here's the deal. We also developed a dependency
after the war World War two and the Marshall Plan,
we helped reinvigorate Europe in Japan. Was it out of balance? Yeah,
but at that time we didn't want them looking to
Russia as an option. There isn't balances. They need to
(32:50):
be corrected. But you know, this is gunboat diplomacy, especially
in his last trip to Southeast Asia. You're putting a
gun to people's head. You're gonna get a new better terms.
They're gonna look elsewhere.
Speaker 2 (33:05):
That's right. We're gonna watch to China because China now
does rival the American market, not in consumerism but close
and is also trying to via technology and energy and
an infrastructure alternative to the United States, which after the
Marshall Plan was basically, you know, completely on compete on
a post that.
Speaker 1 (33:26):
Last century was the American century. You know, it's unquestioned. Look,
I'm Eric Epstein in with Millennial Brian. I got his
name right every time. I'm proud of myself. The show
was underdone. Warworthro the Capital and we are with a
very happy mart Selby because mcdebit cruiz tool went yesterday,
all right. So one in our last segment turn our
(33:49):
attention to tariffs. It appears, especially with the China deal,
that mister Trump is backing down and so I ran
to a conservative journal to see the take, and this
is what they said, and then don't want to get
your take. So US isolationism has helped tilt the global
balance of power toward China and away from the United States.
(34:11):
That's an assertion America is a huge market but still
a relatively small share of global trade, thus limiting Washington's
ability to force exporters into eating US terrorists to coerce
the Chinese government. And so they said one obvious way
to counter this issue with the United States was to
(34:33):
create a voluntary coalition of like minded, free trading countries
with each other, building not on diplomatic goodwill, but on
a collective industrial base. And the article also hearkens back
to the Trans Pacific Partnership, which Trump pulled out. So
I don't know if it's a winner or loss. It
seems if you look at the numbers, is probably status
(34:54):
quo financially, diplomatically does not look great.
Speaker 2 (34:59):
Yeah, so I think we got So we have i'll
call it the Obama Romney view of the trade, and
then we have the Sanders Trump view of trade and
the Obama Romney view of trade. And there's obviously differences,
but the main idea is that free trade is ultimately
it's a good and successful economic driver and a good
and successful economic foreign policy driver of the United States,
(35:21):
and that we should promote free trade and get very
large coalitions of countries trying to play on our terms
in our rules, and so we can sell an export
to other countries that they can sell an export to US,
because that overall benefits productivity and consumption. That the Bernie
Centers and Trump method is what you do is you
(35:42):
allow bad actors to take advantage of our open economy
and they shut their economy to us, and then our
workers get hurt. Our companies are unfair playing field, and
because they know that our goal is always free trade,
they can take advantage of that. So China doing things
like subsidizing their stell industry way blow market rate to
put other UH steel competitors in other countries out of business.
(36:05):
You know that's that's government interference that's not enforced on
the global scale. Australia a country that's very close to
us an ally, they block our meat products, so that's
not even a terriff, that's just an inspection blocked. But
but we take their meat products.
Speaker 1 (36:22):
You raised an issue want to pursue with you, and
that's enforceability and which which is difficult to do. And
the economists and other fairly conservative entity said the tariffs
have also caused governments to defend against new US coercion
by trading less with the United States and more with
each other. So you're seeing this is not brick with brick,
(36:45):
is it or is this are there?
Speaker 2 (36:47):
Well, part of that's brick. Part of it's also other coalitions.
So you have the the AON coalition. Uh, what's that
as On? So that's kind of like Southeast Asia, but
also like the Philippines, Malaysia, Indonesia, Latin America, countries that
came together in their own conference, Canada, So is it
going to try to double exports to other countries? So
(37:09):
you have across the board and listen. I'm a free
trade guy. My argument for free trade is basically, if
you go to any country in the world and you say,
right now, between your different municipalities, So for us to
be the States, for the you know, for Canaday provinces,
we're gonna impose tariffs and restrictions between trade between those places,
every single person left to right would say that's a
(37:31):
horrible idea. It's gonna slow productivity, it's gonna hurt consumers.
It's gonna hurt producers because things get more expensive, and
things get more expensive and consumers surf plus will dropped.
So my argument is that you think that internally that's true. Externally,
the counter that, which I partially agree with, is that
if you don't used that, if you allow that to
be known, your negotiating leverage goes down a lot. And
(37:54):
then there's also issues on security, which the free market
doesn't take it. You know, if China produces all this
in the world, and they produce all the rare manerals
in the world, they can take advantage of us, So
that there's a security argument, and there's a negotiating argument,
which I think I.
Speaker 1 (38:08):
Think mister Trump just recognized, because for US to amp
up any realistic and viable rare earth mineral industry, it's
going to take a lot of time. Yeah, a lot
of times. So you know, let me just go back
to something you said, because a lot you know, when
you were talking about inside of a country, different states,
just different municipalities whatnot. In America, we actually have laws
(38:32):
to facilitate interstate commerce, don't we.
Speaker 2 (38:35):
Yeah. So basically, if let's say a state tries to
put a restriction on another state, yeah, there's like federal
trade laws that you can go to the Supreme Court
and have rulings. And the idea is basically This is
that you want your You want the areas of the
country that produce things the best to produce them, and
then if they don't produce the best, push them to
(38:56):
a different area. So let's say potatoes and Idaho. If
I puts high enough, I could create an environment where
people will artificially create potatoes in Pennsylvania everywhere. But if
that's gonna make if every dollar that you have to
spend more expensive to buy a potato, and let's say
Pennsylvania is a dollar you can't spend other places, yeah,
that hurts your economy.
Speaker 1 (39:17):
All governments, all municipalities are self serving. So for us
to get any consistent, enforceable policy takes time. And governments
are running like corporations in the sense that they're sensitive
to their fiscal quarter. You know, you don't get re
elected by asking people to sacrifice.
Speaker 2 (39:34):
That's right, And you also don't get relected by not
defending your own group, which is for example, when Trump
brought this up and Obama brought this up. If you
call well, let's say Europe. Europe asked for money from us,
and then they intentionally block our products for coming to
the market while asking us to subsidize their market by
lowering our time.
Speaker 1 (39:53):
Yeah, I mean I think it's Obama and Trump were
right there. I mean, that's outrageous. In Europeans, you're gonna
have to pay full freight. Actually, ironically, the European nations
are spending much.
Speaker 2 (40:06):
More of their income on defense.
Speaker 1 (40:09):
On defense, they were moving in that direction anyway, but
now they were forced to look that way. So you know,
when it comes to tariffs. One of the things both
articles said is that the lack of continuity, the lack
of consistency, doesn't help when you're trying to have a
trade war.
Speaker 2 (40:27):
Yeah. Well yeah, and listen, there's there's policy arguments, and
there's also personal arguments. And one of the things with Canada,
which is arguably our biggest trained partner, is something you think,
from a friendly perspective, we want to get done. You know,
those trade negotiaes are on the hold because I guess
a provincial governor there bought a Ronald Reagan ad saying
that Ronald Reagan was pro free trade, and Trump got
(40:49):
mad at that that's not a policy. Then it's kind
of like a person.
Speaker 1 (40:51):
By the way that the ad was accurate, and look,
he had a meltdown he has a lot of them.
I mean, and you know, I don't have a policy
should be driven by a Canadian commercial. I've heard and
seen worse and more bizarre. Or how much time do
we have?
Speaker 3 (41:06):
About three minutes?
Speaker 1 (41:07):
All right? Anything on your mind?
Speaker 3 (41:09):
Arthur Well McDevitt one beat Mechanicsburg and Hershey Bears are
home tomorrow night.
Speaker 1 (41:13):
So Hershey Bears though not doing that well this year.
Speaker 3 (41:19):
They had one four straight until last night and then
now they lost at home in Toronto five to two.
But they're they're five to four and one, I believe, so.
Speaker 1 (41:26):
Yeah, so they're all right, they're heading in the right direction. Yep. Yeah, millennial.
Speaker 2 (41:32):
As far as sports go, I think for the college
football playoffs, I think we need there needs to be
more reform on it. I think if you're if I'm
just looking at what's happening, it's more college of football
is more competitive than ever, right, It's more. You know,
this team could beat any team on Sunday, and yet
the playoffs set up, you know the benefit of teams
like no name a group of five team. I think
(41:55):
we need to move to like like almost like a
league style where rather having committees, it's decided by like
plays or something.
Speaker 1 (42:03):
Yeah, I understand the idea. I don't know if it's
going to happen. It's so much money. I mean, what
do you think about my idea? I thought to make
it really interesting that you know, just randomly every once
in a while have an exploding football.
Speaker 2 (42:22):
These are all these amazing ideas of people who are
going to get a hear off air that bringing on air.
Speaker 1 (42:26):
Yeah, that's just pretty right. You know what your market
share would be if tonight you know, Texas Amarilla played,
you know the Peru groundhogs. But there's a chance that'll
be an exploding football, and you know you got to
think ahead of the curve man.
Speaker 2 (42:41):
Yeah, it changes play calling, it changes everything.
Speaker 1 (42:46):
Well, when you look last thing, when you look at sports,
we're talking about terraffs. When you look at sports as
an economic jug or not. I mean, is a whole
world this obsessed with sports like America.
Speaker 2 (42:58):
Well, listen, it's a differ for sports. So it's soccer.
I know a little bit about soccer. Obviously in India
there's like cricket and so there's different there's different sports.
But I think it's one of those things people just
turn off their brain and just they love the competitive
environment and they also remember when they're growing up how
they played sports.
Speaker 1 (43:13):
The friendships turn off their brain. Did you see that
Phillies game this year where the person the woman took
a baseball from a kid.
Speaker 2 (43:22):
Yeah, that's that's rough.
Speaker 1 (43:24):
Yeah, people are going to that trough and the other
fift are going that's Philly.
Speaker 2 (43:28):
That's Wasn't Philly had the worst aid into a baseball season.
Speaker 1 (43:32):
I think you have.
Speaker 2 (43:33):
Well maybe Toronto. Toronto might be worse, just because it
was a great series. But that that play in the
Phillies game, I was just like, I couldn't even believe
that happened. It was just the guy lost his you know, crazy.
Speaker 1 (43:45):
See, that is why you have a game. You should
have a rule when somebody flubs a play, you know,
you just acts off the lives.
Speaker 2 (43:55):
These have been great offer ideas you get to.
Speaker 1 (43:56):
Bring all right, look, we're going to be back in
two weeks. Were full in the throes of Thanksgiving, I e. Christmas.
Last comment is when did Black Friday become plural? Everybody
says Black Friday fourteenth to the sixteenth. It was like
it used to be a very specific time and you
were outside, you got cold and you thought you were
(44:18):
getting a deal, but you were really getting frostbite. Yeah. Well,
now everything's online, so just well you have to choose
you want to stand in a liner by it online,
all right, Eric Epstein, Millennial Brian were Rock the capital
of the show's thunderdome. Sloam, y'all.