Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Good morning, Jimmy and Dragon. Only eight more days until
the election. Did you watch the Trump rally yesterday at
Madison Square Garden, so many top notch speakers. What a
team he has assembled.
Speaker 2 (00:17):
Good morning, ladies and gentlemen. Jimmy Sangenberger in for Michael
Brown today. Very pleased to be with you. And of course,
because I know, just as the introduction with the rules
of Engagement mentions, Michael does not pay Dragon well enough.
I came in bearing a delicious pumpkin donut from Dunkin
(00:37):
Donuts and gave it to Dragon.
Speaker 3 (00:40):
Docious.
Speaker 2 (00:42):
He is happy. He's in a good mood. And when
Dragon's happy, everybody's happy.
Speaker 3 (00:46):
That's more than Michael's ever given me.
Speaker 2 (00:48):
See, I know, I know, and I'm looking out for
you because I know you're going to look out for
me when I give you free stuff.
Speaker 4 (00:56):
That's exactly exactly what's going to happen. Good to be
with you. How are you on this dark and early
Monday morning.
Speaker 3 (01:04):
It's it's shockingly warm. I mean it's it is October
twenty eighth.
Speaker 4 (01:10):
Week, It's Halloween on Thursday.
Speaker 3 (01:12):
Yeah, what what.
Speaker 2 (01:14):
Is going on here? And it's supposed to snow wind
I mean then it's Colorado.
Speaker 3 (01:18):
Yeah, Halloween, then they don't feel like normal for me.
Speaker 4 (01:20):
Yeah, it just might be a normal Halloween.
Speaker 3 (01:23):
We all know that you've got to dress your kids
costumes around it around a jacket. So if you were
planning on being just hey, we'll just do a regular
costume this year, no, No, you'll still need the jacket.
Speaker 4 (01:35):
Undoubtedly, it's Colorado after all.
Speaker 2 (01:38):
And if you've got snow in the forecast for some
point this week, I.
Speaker 4 (01:41):
Think Wednesday is the day. I don't know.
Speaker 2 (01:43):
You never really know, but at some point it will
and it will be colder on Halloween.
Speaker 3 (01:48):
Are you a posed carver guy or your jackeline?
Speaker 4 (01:51):
Not too much. Occasionally I do enjoy it.
Speaker 2 (01:54):
It's just not something that I've I've done to too
many times in my dast but I enjoy it when
I have the opportunity.
Speaker 3 (02:02):
Okay, so how about you, Oh totally, Yeah, we get
the whole family together.
Speaker 4 (02:06):
You really deck it out.
Speaker 1 (02:07):
Yeah?
Speaker 3 (02:08):
Oh yeah, we do get a half a dozen pumpkins
and we all get one and we all do different
faces and everything, little sketch kits and everything.
Speaker 4 (02:15):
Are you really talented at it?
Speaker 3 (02:17):
Then? Heck no, I've done the uber complicated ones that
I've done, the uber simplified ones, and it's just it's
about the experience for us getting the family together, putting
on some Simpsons Treehouse a horror. There you go, both
carbon pumpkins and playing with guts.
Speaker 4 (02:30):
There you go.
Speaker 2 (02:31):
It's I love family traditions. Like traditions is what it's
all about. When the holidays roll around, whatever it is
for Christmas, Thanksgiving, Halloween, what have you. If you've got
those family traditions, hold tight to them because they mean
so much, really make a difference, completely agree, and they
(02:52):
make you feel better if you're down during the holidays.
It's like, oh good, I got the thing I love
every year to look forward. And a lot of folks
on the East Coast had a big rally yesterday. Alexa
mentioned it in that talk back to kick things off,
and look, I have to tell you I watched bits
(03:13):
and pieces of the rally. I've got several audio clips
from different speakers at the rally. The electric atmosphere was
abundantly clear, particularly of course, when President Donald J.
Speaker 4 (03:29):
Trump took the stage at the arena. And I'd like to.
Speaker 5 (03:41):
Begin by asking a very simple question, are you better
off now?
Speaker 4 (03:47):
Than you were four years ago.
Speaker 5 (03:53):
This election is a choice between whether we will have
four more years of gross incompetence and failure, or whether
we will begin the four greatest years in the history
of our country.
Speaker 2 (04:09):
The electrifying atmosphere in that arena was like the biggest
rock stars came to town. You could tell it was palpable,
especially when he pulled out the old printice line.
Speaker 5 (04:24):
Next Tuesday, you have to stand up and you have
to tell Kamala Harris that you've done a terrible job.
That crooked Joe Biden has done a terrible job. You've
destroyed our country. We're not going to take it anymore.
Speaker 4 (04:46):
Kamala, You're fired. Get out, Get out, You're fired. He
brought it back.
Speaker 3 (04:55):
You know.
Speaker 2 (04:55):
I have a theory Dragon that one of the biggest
reasons that Trump was elected in twenty s sixteen is
because of the Apprentice and the image and this vision
that people always had of Trump saying you couldn't get
the job done, you're fired, and then they'd be gone,
and you would keep going until you have the person
(05:17):
who earned that slot. And so a hell of a
lot of Americans looked at that guy and said, you
know what, He's going to bring in the best people,
and if.
Speaker 4 (05:24):
They don't do a good.
Speaker 2 (05:25):
Job, he will send them out on their ass and
they're gonna be finding another job, which we saw oftentimes
in his administration.
Speaker 4 (05:34):
There are a number of folks.
Speaker 2 (05:35):
In fact, in his Joe Rogan interview, which I will
talk about, I did watch a majority of that, he
brought up some of the people that he had asked
from his administration and talked about them with Joe Rogan.
But Dragon, do you agree with that perception that your
fired line and that image was one of those things
(05:58):
that was iconic for Trump that in twenty sixteen and
carrying on to today, it's like this is a guy
who wants the job to get done.
Speaker 3 (06:05):
Definitely at the time, because that was the huge part
of the show, is that, like you said, he would
fire somebody every week and you know, trying to find
the best person for the position as so much. Now
there's this too much time in between. I don't see
it resonating so much. But it's still an iconic line
if you're thinking for the old administration which is currently running,
(06:27):
whether you like it or not, it's just under a
different name. Saying your fire to them still resonates.
Speaker 4 (06:34):
Yeah.
Speaker 2 (06:34):
I think what's striking or resonant in terms of that
your fired line is among his base that still has
that view, not because of the apprentice, but because they
have viewed Trump as a guy who is ready to
work hard for the American people. Did a good job
during his first term in office. They want to carry
(06:57):
that over and have somebody who will make sure things
are done right get into office. And that perception remains
among the base. It is a question though, of how
many outside of the base still hold that image eight
years later.
Speaker 4 (07:11):
I think that's a very good point. Now.
Speaker 2 (07:13):
One of the interesting things too about this Trump rally
was when he brought up some of the things from
his Aurora remarks right here in Colorado just a few
weeks ago. I was there in person covering the event
for right here on kay How and I have to
(07:35):
tell you it was another instance of as you saw
at Madison Square Garden last night, Trump bringing the best
show on Earth. It's not just about a political rally
and let me talk about the issues. Is let me
go off in all sorts of different directions and have
some fun with the audience, but also talk about substance
(07:56):
and Here is a little tidbit of the substance from
Trump Night when it came to the border, immigration and Aurora, Colorado.
Speaker 5 (08:05):
On day one, I will launch the largest deportation program
in American history.
Speaker 4 (08:10):
When we get the criminals out.
Speaker 5 (08:13):
I will rescue every city in town that has been
invaded and conquered, and we will put these vicious and
bloodthirsty criminals in jail. Going to kick them the hell
out of our country as fast as possible, and to
expedite removals of Trende Urugua and other savage gangs like
(08:35):
MS thirteen, which is equally vicious. I will invoke the
Alien Enemies Act of seventeen ninety eight.
Speaker 4 (08:44):
Think of that. That's how far back.
Speaker 5 (08:49):
That's when they had law and order, they had some
tough ones. Think of that, the Alien Enemies Act of
seventeen ninety eight. You hear that, mister Speaker ready to
target and dismantle every migrant criminal network operating on American soil.
Speaker 4 (09:08):
And there are lots of them.
Speaker 5 (09:10):
We don't have the same country anymore, you know that.
And you know when you look at the polls and
they say about the economy, and they have all these
different things. The worst nightmare that we're facing is what
they've done to us on our borders.
Speaker 4 (09:26):
Trump talking about some of what he wants to do.
Speaker 2 (09:29):
And he did get a little bit of a dig
at none other than mister This is all imagination. It's
all in Danielle Jurinsky's head. Jared Polis.
Speaker 5 (09:41):
One of the deadliest and most vicious migrant gangs that
Kamala has imported into our country is the Savage Venezuelan
prison gang. Nice group of people they got together in prison,
the worst prison in the world.
Speaker 3 (09:56):
They said.
Speaker 5 (09:57):
It's called trenday or Ragua, and that is taken over
apartment complexes and unleash. He gave violent killings three all
over America, especially in Aurora, Colorado, where we have a
governor who's petrified of them, and maybe he should be
petrified police.
Speaker 4 (10:17):
There's a little bit of a literation there. If he
had only brought that in.
Speaker 2 (10:23):
Governor Petrified Polis of Colorado.
Speaker 4 (10:26):
He needs a nickname for Polis like that.
Speaker 2 (10:30):
There's got to be something out there that he can
pick up and uh and run with that would stick
and make sense.
Speaker 4 (10:41):
Petrified Police could maybe be it. I don't know what
do you think.
Speaker 2 (10:45):
By the way, our text line three three one zero
three is the number three three one zero three to
text into the show. Put Mike or Michael Wright in
the beginning to get to yours truly. Now, there was
a little bit more by way of substance, somewhat, I mean, honestly,
(11:05):
with some of what Trump is saying and proposing on policies,
I get the sense that he's got ideas and is
sort of throwing things out there for people to latch onto.
Speaker 4 (11:16):
Which is often the case for populace.
Speaker 2 (11:20):
This time, he's got two new tax proposals.
Speaker 5 (11:24):
A new policy today that I will support a tax credit.
Speaker 4 (11:28):
For family caregivers who take care of a parent or
a loved one.
Speaker 5 (11:33):
It's about time that they will recognized, right they add
so much to our country and are never spoken of
ever ever, But they're going to be spoken of now,
thank you all very much. I'll also make interest on
car loans fully tax deductible, but only for cars made
(11:56):
in America.
Speaker 4 (12:04):
Have to be made in America. So a couple of
issues I have with that little caveats one.
Speaker 2 (12:12):
I'm not sure how I feel about the caregiver tax credit.
That's an idea that could be a nice one. But
when it comes to car interest Number one, how do
you define what is made in America?
Speaker 4 (12:27):
Because a heck of a lot of cars.
Speaker 2 (12:30):
Have components that are manufactured elsewhere, but the final product
is made in America.
Speaker 4 (12:36):
And then you have a heck of.
Speaker 2 (12:37):
A lot of cars where there are components that may
be made in the United States or all across the globe,
including the United States, but the final product might be
made in South Korea or Japan. And there are a
hell of a lot of Americans, myself included, by the way,
who drive around in foreign owned cars or foreign owned
(13:01):
car company vehicles. You're really going to set aside those
Americans who I don't know what the percentage is and
how it breaks down from American versus foreign owned companies
and what their sales are. But when I'm going around
on the road, I'm seeing a hell of a lot
(13:21):
of cars from Toyota and a Honda and Hyundai, and
the list goes on. And really you're going to say,
if they're made in America, then you get your car
interest exempted. Again, how do you determine that number one?
Speaker 4 (13:38):
Number two?
Speaker 2 (13:38):
Why should you even do that? Let's think about it
this way. When it comes to student loans, the system
that we have encourages more borrowing for a number of
reasons in a number of ways, including student loan interest.
Speaker 4 (13:57):
There is an exemption on student loan interest.
Speaker 2 (13:59):
By the way, I do have both student loans that
I make payments on and a car that I make
payments on, so I'm paying interest on both one of them.
Student loans is tax deductible for student loan interest.
Speaker 4 (14:14):
Car interest is currently not. He's proposing it.
Speaker 2 (14:18):
The problem with adding in another type of loan interest exemption,
whether it's American made or all cars or whatever, the
criteria is that you encourage more borrowing. You're providing an
additional incentive for people to become more leveraged to take
(14:38):
out more loans because they think, oh, my loan payment
is not going to be quite as bad because of
the interest. We see that all the time all the time,
with all kinds of things, with other sorts of incentives
that are out there. Is this really a good idea
to be encouraging people to be taking out however much
(15:00):
they would want in car loans if they might not
otherwise do it, or they might go a little bit
more because of that, and still then end up being
on the hook for a larger loan they might they
might have otherwise taken out, And then what's to stop
with other forms? Why not suddenly have I know, you
got mortgage interest deduction that you can have, but why
(15:23):
not go to.
Speaker 4 (15:24):
All other kinds?
Speaker 2 (15:25):
Do you think about any sort of personal loan because
you're having a little bit of trouble with a family
problem or what have you, Well, that seems like a
justifiable circumstance. But then if you propose, oh, let's do
an interest exemption for personal loans that are for family difficulties,
how do you determine that?
Speaker 4 (15:42):
What's the criteria there?
Speaker 2 (15:45):
Or think about any other number of loans, types of
loans that are out there your credit cards?
Speaker 4 (15:51):
When does it stop?
Speaker 2 (15:52):
That's not a Republican or a conservative position, So I
would hope, I would hope that this is not a
policy that gets pursued. If it is, then make it
all the cars, not just you know, so called made
(16:13):
in America.
Speaker 4 (16:15):
But I think it would be on whyse dragon.
Speaker 3 (16:17):
It feels similar to the you know, we're going to
make minimum wage twenty dollars an hour, We're gonna make
minimum wage twenty five dollars an hour? Why why stop there?
Speaker 4 (16:24):
Right?
Speaker 3 (16:24):
Why make it thirty dollars? Make it fifty dollars? You know,
Michael is a proponent of making minimum wage here in
Denver fifty two dollars and eighty cents?
Speaker 4 (16:32):
Yes, so why not? Why stop? Why stop there? Why
not continue with any other you think about it? Why not?
Speaker 2 (16:41):
And when are we going to get to the point
where it's I go Now we're going to start talking
about having a partial forgiveness or cancelation at a certain
level for these other kinds of loans or what have you.
It's a it's a it is a genuine slippery slope
once you start down that path. It's already significant enough
that we have mortgage interested and that we have the
(17:02):
student loan exemption. But those things are in place because
there was, at the very least there was a societal
determination that we want to foster more home ownership because
that's part of the American dream, and we want people
to be more educated and be able to afford college.
So at least there was a societal reason, even if
(17:24):
it helped to screw things up. Because in this case,
the student loans in particular, we have a whole mess
because of the government, and this is just one little
piece of it. It's sort of like Yoda said, once
you start down the dark path, forever will dominate your destiny.
Speaker 4 (17:47):
Yeah, I know I went there. Is it too early
in the morning for a little bit of Yoda? Never,
I don't think so. I don't think so. Good to
be with you.
Speaker 2 (17:57):
Jimmy Sangenberger in from Michael Brown, dragging behind the glass.
Make sure those talkbacks are coming. I do not want
to hear the cackle this morning. Please no cackling. Tamala
texting the show as well at three three one zero
free put Mike or Michael in there.
Speaker 4 (18:15):
We'll be back on six point thirty.
Speaker 1 (18:16):
Kow, Jimmy, your Yoda is really good.
Speaker 3 (18:25):
Make I do.
Speaker 2 (18:27):
Hey Dragon. Jimmy Sangenberger in for Michael Brown. I love
that deep cut. I'd not heard that song before from
Michael Burke's, but I could tell it's in the key
of E and as you saw and folks heard if
they're listening live, of course, I pulled out my harmonica
(18:47):
and just jammed along with it.
Speaker 4 (18:48):
I hope that sounded pretty good.
Speaker 3 (18:50):
Never too early for some harmonica.
Speaker 2 (18:52):
No, no, it isn't, which brings me to something I
was talking to you about during the break Well, I
didn't watch more than a number of some pieces of
the Trump rally with a number of the different speakers
and a good chunk of Trump's speech. I am about
two hours ten minutes into the just shy of three
(19:14):
hour long Joe Rogan interview that Trump did.
Speaker 3 (19:18):
I don't listen to Joe Rogan. I don't Joe peruse
the podcast so much for him, But is that long
for him?
Speaker 2 (19:24):
It seems like no long no, not for Rogan, not
for a lot of longer form podcasters.
Speaker 1 (19:30):
Wow.
Speaker 4 (19:30):
In fact, it's probably short.
Speaker 2 (19:32):
If the Trump campaign didn't say we can't go any
longer than three hours, he had a rally, I think
it was laid to rally because of the Rogan interview.
Speaker 4 (19:41):
I think they would have gone even longer.
Speaker 2 (19:43):
And it's impressive a man of his age, as they say,
able to go three hours like that. But guess what
that's Donald Trump. I mean, she can't keep going. He's
like the energizer bunny.
Speaker 3 (19:54):
We've seen some of the other side do the interviews
with Kamala and it's just.
Speaker 4 (19:59):
Lucky if they can get twenty minutes, dratted there something.
Speaker 3 (20:02):
One was what was the Brett Bearer. One was the
twenty five twenty six minutes. Yes, they were told to
wrap it up.
Speaker 4 (20:09):
And they got there late too. Yeah.
Speaker 2 (20:12):
Absolutely they cannot do that, but Trump can't. And what's
so fascinating about this interview was the ground that he
covered was all over the map, and it was a
very interest heavy. But before I get to what I
mean by interest heavy, Rogan is there literally genuinely laughing.
(20:32):
You heard some noise in the background from the source
I got the audio from, but it was an example
of Trump just you know, ribbing the other host.
Speaker 4 (20:40):
It was very casual.
Speaker 2 (20:41):
He's been doing a lot of these interviews, podcast interviews,
So as I listened to this interview, what was striking
to me the interest heavy part. You hear me oftentimes
when I'm filling in you just heard it now with
a little harmonica. But where I'll talk about blues, talk
about music because it's a personal passion. It's different, or
(21:05):
maybe Dragon and I will nerd out on.
Speaker 4 (21:08):
Star Wars or what have you.
Speaker 2 (21:10):
Occasionally I'll do what Trump did with Rogan multiple times,
which is talk sports, and that's something that he did
in multiple contexts. They talked about golf and why Trump
loves golf, and Trump's health. They talked about fighting. Rogan
(21:31):
has a background with mixed martial arts and he's a
commentator for UFC and so forth. They talked about the
best fighters and all this and that, and it might
have seemed like a detour, but it wasn't because that's
why you do these kinds of interviews, because you want
to show that personal side of you that nobody else
(21:53):
is going to show unless you do a staged event
like McDonald's and you do it well like Trump did,
or a staged event like Kamala Harris going to a
black barber shop or getting beers with Gretchen Whitmer, and
every time it flops. There are staged events is stage
(22:14):
and McDonald's, but they flop because she can't bring that personality.
She's not relatable to the average person. When Trump does
these things, he shows why he connects to the average person,
why people like him, why they can trust him on
a personal level, which is important given something else that
(22:37):
I found really interesting about the rally last night, and
that is the attendance and participation of not just billionaire
Donald Trump, but other billionaires like Elon Musk and Cantor Fitzgerald,
which is a financial a global financial institution. Their CEO,
(23:00):
Howard Lutnik, showing up bad in speaking at this route, I'm.
Speaker 6 (23:04):
Doc Gothic maga. Well, it's the energy in this room
is incredible.
Speaker 3 (23:19):
What what a what a great group of people.
Speaker 5 (23:22):
So, and I've only got one question for you that
I'm getting out of here because this is your stage.
Speaker 4 (23:26):
That's Howard set up dog.
Speaker 6 (23:29):
Yes, how much do we you think we can rip
out of this wasted six point five trillion dollar howst
Biden budget?
Speaker 3 (23:38):
Well, I think we.
Speaker 4 (23:39):
Can do at least two trillion. Yeah, yes, two trillion.
Speaker 6 (23:45):
I mean, at the end of the day, you're being taxed,
giving tax, old.
Speaker 3 (23:51):
Govern spending, taxation.
Speaker 6 (23:52):
So whether it's it's direct taxation or old gun spending,
it's either becomes inflation or it's a direct taxation.
Speaker 3 (23:59):
Your money is being wasted.
Speaker 6 (24:01):
And the Department of Government Divisiency is going to fix that.
We're going to get the government off your back and
out of your pocketbook.
Speaker 3 (24:15):
So a couple.
Speaker 2 (24:18):
A couple quick things here before we run to our break. One,
It's not possible to just cut two trillion dollars.
Speaker 4 (24:27):
From waste or inefficiencies.
Speaker 2 (24:30):
But just being realistic, that's literally not possible unless you
get Congress to eliminate most of the federal departments, if
not pretty much all of them.
Speaker 4 (24:45):
When you think about.
Speaker 2 (24:46):
It, the amount of money that the federal government spends
is extraordinary, particularly when you think about mandatory spending things
like defense, Medicare, and Social Security, and particular interest on
the debt even I think is over a trillion dollars.
Speaker 4 (25:05):
Now or something.
Speaker 2 (25:06):
It's insane. It's insane. But the other thing is it's fascinating.
You can listen to Trump be so relatable and connect
with people in an interview like Joe Rogan or when
he's doing his rallies and he's on stage and he's
putting on the best show on Earth. But then you
(25:26):
also have to remember that guy's a billionaire. Elon Musk
is what two hundred and forty eight billion dollars quarter
of a trillion dollars in wealth for one man, or
Howard Lutnik, another billionaire.
Speaker 4 (25:43):
So Trump has crafted this.
Speaker 2 (25:46):
Persona of the guy who represents the everyman. And I
just talked about some of the reasons why that's the case,
including in the last segment where we talked about how
Trump is somebody who has this representation of I'm going
to make sure that we're working for the American people
(26:07):
and you're fired if not. That resonates with a lot
of people. But then you have these billionaires that are
showing up and talking about Trump and talking about him
being connected.
Speaker 4 (26:18):
With average people and so forth. Is there shoot me
a text.
Speaker 2 (26:21):
We're going to do all texts in the next segment
as we wrap up the hour three three one zero three.
Is the number three three one zero three. Put Mike
or Michael in the beginning.
Speaker 4 (26:31):
Do you think there's a.
Speaker 2 (26:32):
Disconnect there that some people feel or that you see,
or is Trump effectively bridging that divide and helping to
give that sense that a billionaire can be forging ahead
for average working people. I happen to have no problem
with billionaires, by the way, rather like billionaires because they
(26:55):
tend to be productive for the economy and provide so
many jobs and opportunities. But a lot of people don't
look at it that way. So what do you think
Shoot us a talk back as well? Right there on
the iHeartRadio app, We're going to take a quick break
more on the other side.
Speaker 4 (27:12):
Your text and talkback, no tackle please.
Speaker 2 (27:16):
Jimmy Sangenberger in for Michael Brown on six point thirty
K how Denver's talkstation.
Speaker 7 (27:21):
Hey Dragon and Jimmy, how about this. Why doesn't any
politician ever want to just simplify the tax code so
that people don't have to find ways to beg the
irs to have more of their money back. The tax
code is an insane thing when you think about it.
They steal the money we beg to get a dollar
(27:44):
back as a deduction total.
Speaker 4 (27:47):
Bobovine Feces, you're right, one hundred and fifty two hundred
percent right.
Speaker 2 (27:54):
Jimmy Sangenberger in for Michael Brown here on the situation
with Michael Brown. Look, the reality is simplifying the code
is what we should do. In fact, the Trump tax
rate cuts of twenty seventeen to some extent, simplified the code.
Now Trump is looking to make it more complex, more complicated,
(28:17):
to sort of turn back the clock on some of
that simplification. And I love what you're saying about simplify
the code, which, by the way, that was the.
Speaker 4 (28:26):
Kinkin of.
Speaker 2 (28:28):
Ronald Reagan's tax rate cuts where he brought it down
to just two rates, got rid of a slew of deductions,
including I believe the car interest deduction or exemption that
was done.
Speaker 4 (28:40):
Away with under Ronald Reagan with good reason.
Speaker 2 (28:43):
Let's simplify the code, lower the rates so everybody can
pay lower percentage, but get rid of these other complications
and good ease and all of that. I remember during
the twenty seventeen Tax Cuts and Jobs Act discussion, I
ran a nonprofit in one of the programs that we
(29:06):
had was called the Millennial Policy Center, and we did
a big project on simplifying the code. Even put out
a video that was called Simplify the Code, because.
Speaker 4 (29:16):
That's the that's the ticket, that's what you need to do,
all right.
Speaker 2 (29:21):
We got a lot of texts coming in three three,
one zero three Where to even begin? One hundred percent agree,
says Googer number sixty seven nine to one.
Speaker 4 (29:34):
Stop trying to buy votes.
Speaker 2 (29:36):
If he wants to give corporate tax breaks for building
in the US, then that is one thing. Promising things
to buy votes is another. Very fair. He's talking about
Trump and his proposed car interest exemption as well as
the care giver tax credit.
Speaker 4 (29:55):
Why should I subsidize your.
Speaker 2 (29:56):
Student loans by there being a tax exemption for interest,
you probably shouldn't.
Speaker 4 (30:04):
I'll just say that.
Speaker 2 (30:06):
And the reason why he wants to do interest on
US made car loans is it would increase the purchase
of US made cars and help the car companies get
out of the tobaco that they're in right now by
not being able to sell cars.
Speaker 4 (30:21):
Let me stop you there.
Speaker 2 (30:23):
You're asking why should you subsidize student loan interest while
also saying we should subsidize US made car loans because
there's an intention in trying to help US auto manufacturers. Well,
what about those Americans who were taught coming up through school, elementary, middle,
(30:47):
high school.
Speaker 4 (30:48):
They were told you need to get a college degree.
You need to get a college degree.
Speaker 2 (30:51):
So they took out massive student loans which were so
easy to get, even easier to get than it is
to get into a college. Sign on the Dota line,
went to college, Maybe they graduated, maybe they didn't, but
either way, they were saddled with massive amounts of debt.
Speaker 4 (31:08):
Why not help them with making it a little bit
less of a.
Speaker 2 (31:12):
Burden on their auto or their auto on their student
loan interest. Because they did that with the promise of
a better future. They're not getting it. They didn't understand
what was happening. They thought that it was necessary for
them to do this. The government was structuring these loans
in such a way that made it more and more expensive.
Speaker 4 (31:34):
Because it's the federal government's fault.
Speaker 2 (31:36):
The all knowing, all powerful federal government is at the
root of the problem with the student loan bubble.
Speaker 4 (31:43):
That's the counterpoint is somebody would say, well.
Speaker 2 (31:45):
They need to be helped, not people who decided to
frivolously go get a new car. Why should somebody who
bought a new car and couldn't afford it suddenly get
their interest exempted, but not somebody who took out student
loans so they could have a better life.
Speaker 4 (31:59):
This is why you don't have any of it.
Speaker 2 (32:02):
Simplify the code, as the wonderful Goober said in the talkback.
Simplify the code, get rid of those kinds of things,
and then you reduce the overall tax burden and allow
prosperity to grow. I'm to be saying in burger In
for Michael Brown, keep the text coming.
Speaker 4 (32:20):
Three three, one zero three is the number. Bring it
to your general.
Speaker 2 (32:24):
Doug Slocum joins us next to talk about Israel attacking
Iran backs stay with US
Good morning, Jimmy and Dragon. Only eight more days until
the election. Did you watch the Trump rally yesterday at
Madison Square Garden, so many top notch speakers. What a
team he has assembled.
Speaker 2 (00:17):
Good morning, ladies and gentlemen. Jimmy Sangenberger in for Michael
Brown today. Very pleased to be with you. And of course,
because I know, just as the introduction with the rules
of Engagement mentions, Michael does not pay Dragon well enough.
I came in bearing a delicious pumpkin donut from Dunkin
(00:37):
Donuts and gave it to Dragon.
Speaker 3 (00:40):
Docious.
Speaker 2 (00:42):
He is happy. He's in a good mood. And when
Dragon's happy, everybody's happy.
Speaker 3 (00:46):
That's more than Michael's ever given me.
Speaker 2 (00:48):
See, I know, I know, and I'm looking out for
you because I know you're going to look out for
me when I give you free stuff.
Speaker 4 (00:56):
That's exactly exactly what's going to happen. Good to be
with you. How are you on this dark and early
Monday morning.
Speaker 3 (01:04):
It's it's shockingly warm. I mean it's it is October
twenty eighth.
Speaker 4 (01:10):
Week, It's Halloween on Thursday.
Speaker 3 (01:12):
Yeah, what what.
Speaker 2 (01:14):
Is going on here? And it's supposed to snow wind
I mean then it's Colorado.
Speaker 3 (01:18):
Yeah, Halloween, then they don't feel like normal for me.
Speaker 4 (01:20):
Yeah, it just might be a normal Halloween.
Speaker 3 (01:23):
We all know that you've got to dress your kids
costumes around it around a jacket. So if you were
planning on being just hey, we'll just do a regular
costume this year, no, No, you'll still need the jacket.
Speaker 4 (01:35):
Undoubtedly, it's Colorado after all.
Speaker 2 (01:38):
And if you've got snow in the forecast for some
point this week, I.
Speaker 4 (01:41):
Think Wednesday is the day. I don't know.
Speaker 2 (01:43):
You never really know, but at some point it will
and it will be colder on Halloween.
Speaker 3 (01:48):
Are you a posed carver guy or your jackeline?
Speaker 4 (01:51):
Not too much. Occasionally I do enjoy it.
Speaker 2 (01:54):
It's just not something that I've I've done to too
many times in my dast but I enjoy it when
I have the opportunity.
Speaker 3 (02:02):
Okay, so how about you, Oh totally, Yeah, we get
the whole family together.
Speaker 4 (02:06):
You really deck it out.
Speaker 1 (02:07):
Yeah?
Speaker 3 (02:08):
Oh yeah, we do get a half a dozen pumpkins
and we all get one and we all do different
faces and everything, little sketch kits and everything.
Speaker 4 (02:15):
Are you really talented at it?
Speaker 3 (02:17):
Then? Heck no, I've done the uber complicated ones that
I've done, the uber simplified ones, and it's just it's
about the experience for us getting the family together, putting
on some Simpsons Treehouse a horror. There you go, both
carbon pumpkins and playing with guts.
Speaker 4 (02:30):
There you go.
Speaker 2 (02:31):
It's I love family traditions. Like traditions is what it's
all about. When the holidays roll around, whatever it is
for Christmas, Thanksgiving, Halloween, what have you. If you've got
those family traditions, hold tight to them because they mean
so much, really make a difference, completely agree, and they
(02:52):
make you feel better if you're down during the holidays.
It's like, oh good, I got the thing I love
every year to look forward. And a lot of folks
on the East Coast had a big rally yesterday. Alexa
mentioned it in that talk back to kick things off,
and look, I have to tell you I watched bits
(03:13):
and pieces of the rally. I've got several audio clips
from different speakers at the rally. The electric atmosphere was
abundantly clear, particularly of course, when President Donald J.
Speaker 4 (03:29):
Trump took the stage at the arena. And I'd like to.
Speaker 5 (03:41):
Begin by asking a very simple question, are you better
off now?
Speaker 4 (03:47):
Than you were four years ago.
Speaker 5 (03:53):
This election is a choice between whether we will have
four more years of gross incompetence and failure, or whether
we will begin the four greatest years in the history
of our country.
Speaker 2 (04:09):
The electrifying atmosphere in that arena was like the biggest
rock stars came to town. You could tell it was palpable,
especially when he pulled out the old printice line.
Speaker 5 (04:24):
Next Tuesday, you have to stand up and you have
to tell Kamala Harris that you've done a terrible job.
That crooked Joe Biden has done a terrible job. You've
destroyed our country. We're not going to take it anymore.
Speaker 4 (04:46):
Kamala, You're fired. Get out, Get out, You're fired. He
brought it back.
Speaker 3 (04:55):
You know.
Speaker 2 (04:55):
I have a theory Dragon that one of the biggest
reasons that Trump was elected in twenty s sixteen is
because of the Apprentice and the image and this vision
that people always had of Trump saying you couldn't get
the job done, you're fired, and then they'd be gone,
and you would keep going until you have the person
(05:17):
who earned that slot. And so a hell of a
lot of Americans looked at that guy and said, you
know what, He's going to bring in the best people,
and if.
Speaker 4 (05:24):
They don't do a good.
Speaker 2 (05:25):
Job, he will send them out on their ass and
they're gonna be finding another job, which we saw oftentimes
in his administration.
Speaker 4 (05:34):
There are a number of folks.
Speaker 2 (05:35):
In fact, in his Joe Rogan interview, which I will
talk about, I did watch a majority of that, he
brought up some of the people that he had asked
from his administration and talked about them with Joe Rogan.
But Dragon, do you agree with that perception that your
fired line and that image was one of those things
(05:58):
that was iconic for Trump that in twenty sixteen and
carrying on to today, it's like this is a guy
who wants the job to get done.
Speaker 3 (06:05):
Definitely at the time, because that was the huge part
of the show, is that, like you said, he would
fire somebody every week and you know, trying to find
the best person for the position as so much. Now
there's this too much time in between. I don't see
it resonating so much. But it's still an iconic line
if you're thinking for the old administration which is currently running,
(06:27):
whether you like it or not, it's just under a
different name. Saying your fire to them still resonates.
Speaker 4 (06:34):
Yeah.
Speaker 2 (06:34):
I think what's striking or resonant in terms of that
your fired line is among his base that still has
that view, not because of the apprentice, but because they
have viewed Trump as a guy who is ready to
work hard for the American people. Did a good job
during his first term in office. They want to carry
(06:57):
that over and have somebody who will make sure things
are done right get into office. And that perception remains
among the base. It is a question though, of how
many outside of the base still hold that image eight
years later.
Speaker 4 (07:11):
I think that's a very good point. Now.
Speaker 2 (07:13):
One of the interesting things too about this Trump rally
was when he brought up some of the things from
his Aurora remarks right here in Colorado just a few
weeks ago. I was there in person covering the event
for right here on kay How and I have to
(07:35):
tell you it was another instance of as you saw
at Madison Square Garden last night, Trump bringing the best
show on Earth. It's not just about a political rally
and let me talk about the issues. Is let me
go off in all sorts of different directions and have
some fun with the audience, but also talk about substance
(07:56):
and Here is a little tidbit of the substance from
Trump Night when it came to the border, immigration and Aurora, Colorado.
Speaker 5 (08:05):
On day one, I will launch the largest deportation program
in American history.
Speaker 4 (08:10):
When we get the criminals out.
Speaker 5 (08:13):
I will rescue every city in town that has been
invaded and conquered, and we will put these vicious and
bloodthirsty criminals in jail. Going to kick them the hell
out of our country as fast as possible, and to
expedite removals of Trende Urugua and other savage gangs like
(08:35):
MS thirteen, which is equally vicious. I will invoke the
Alien Enemies Act of seventeen ninety eight.
Speaker 4 (08:44):
Think of that. That's how far back.
Speaker 5 (08:49):
That's when they had law and order, they had some
tough ones. Think of that, the Alien Enemies Act of
seventeen ninety eight. You hear that, mister Speaker ready to
target and dismantle every migrant criminal network operating on American soil.
Speaker 4 (09:08):
And there are lots of them.
Speaker 5 (09:10):
We don't have the same country anymore, you know that.
And you know when you look at the polls and
they say about the economy, and they have all these
different things. The worst nightmare that we're facing is what
they've done to us on our borders.
Speaker 4 (09:26):
Trump talking about some of what he wants to do.
Speaker 2 (09:29):
And he did get a little bit of a dig
at none other than mister This is all imagination. It's
all in Danielle Jurinsky's head. Jared Polis.
Speaker 5 (09:41):
One of the deadliest and most vicious migrant gangs that
Kamala has imported into our country is the Savage Venezuelan
prison gang. Nice group of people they got together in prison,
the worst prison in the world.
Speaker 3 (09:56):
They said.
Speaker 5 (09:57):
It's called trenday or Ragua, and that is taken over
apartment complexes and unleash. He gave violent killings three all
over America, especially in Aurora, Colorado, where we have a
governor who's petrified of them, and maybe he should be
petrified police.
Speaker 4 (10:17):
There's a little bit of a literation there. If he
had only brought that in.
Speaker 2 (10:23):
Governor Petrified Polis of Colorado.
Speaker 4 (10:26):
He needs a nickname for Polis like that.
Speaker 2 (10:30):
There's got to be something out there that he can
pick up and uh and run with that would stick
and make sense.
Speaker 4 (10:41):
Petrified Police could maybe be it. I don't know what
do you think.
Speaker 2 (10:45):
By the way, our text line three three one zero
three is the number three three one zero three to
text into the show. Put Mike or Michael Wright in
the beginning to get to yours truly. Now, there was
a little bit more by way of substance, somewhat, I mean, honestly,
(11:05):
with some of what Trump is saying and proposing on policies,
I get the sense that he's got ideas and is
sort of throwing things out there for people to latch onto.
Speaker 4 (11:16):
Which is often the case for populace.
Speaker 2 (11:20):
This time, he's got two new tax proposals.
Speaker 5 (11:24):
A new policy today that I will support a tax credit.
Speaker 4 (11:28):
For family caregivers who take care of a parent or
a loved one.
Speaker 5 (11:33):
It's about time that they will recognized, right they add
so much to our country and are never spoken of
ever ever, But they're going to be spoken of now,
thank you all very much. I'll also make interest on
car loans fully tax deductible, but only for cars made
(11:56):
in America.
Speaker 4 (12:04):
Have to be made in America. So a couple of
issues I have with that little caveats one.
Speaker 2 (12:12):
I'm not sure how I feel about the caregiver tax credit.
That's an idea that could be a nice one. But
when it comes to car interest Number one, how do
you define what is made in America?
Speaker 4 (12:27):
Because a heck of a lot of cars.
Speaker 2 (12:30):
Have components that are manufactured elsewhere, but the final product
is made in America.
Speaker 4 (12:36):
And then you have a heck of.
Speaker 2 (12:37):
A lot of cars where there are components that may
be made in the United States or all across the globe,
including the United States, but the final product might be
made in South Korea or Japan. And there are a
hell of a lot of Americans, myself included, by the way,
who drive around in foreign owned cars or foreign owned
(13:01):
car company vehicles. You're really going to set aside those
Americans who I don't know what the percentage is and
how it breaks down from American versus foreign owned companies
and what their sales are. But when I'm going around
on the road, I'm seeing a hell of a lot
(13:21):
of cars from Toyota and a Honda and Hyundai, and
the list goes on. And really you're going to say,
if they're made in America, then you get your car
interest exempted. Again, how do you determine that number one?
Speaker 4 (13:38):
Number two?
Speaker 2 (13:38):
Why should you even do that? Let's think about it
this way. When it comes to student loans, the system
that we have encourages more borrowing for a number of
reasons in a number of ways, including student loan interest.
Speaker 4 (13:57):
There is an exemption on student loan interest.
Speaker 2 (13:59):
By the way, I do have both student loans that
I make payments on and a car that I make
payments on, so I'm paying interest on both one of them.
Student loans is tax deductible for student loan interest.
Speaker 4 (14:14):
Car interest is currently not. He's proposing it.
Speaker 2 (14:18):
The problem with adding in another type of loan interest exemption,
whether it's American made or all cars or whatever, the
criteria is that you encourage more borrowing. You're providing an
additional incentive for people to become more leveraged to take
(14:38):
out more loans because they think, oh, my loan payment
is not going to be quite as bad because of
the interest. We see that all the time all the time,
with all kinds of things, with other sorts of incentives
that are out there. Is this really a good idea
to be encouraging people to be taking out however much
(15:00):
they would want in car loans if they might not
otherwise do it, or they might go a little bit
more because of that, and still then end up being
on the hook for a larger loan they might they
might have otherwise taken out, And then what's to stop
with other forms? Why not suddenly have I know, you
got mortgage interest deduction that you can have, but why
(15:23):
not go to.
Speaker 4 (15:24):
All other kinds?
Speaker 2 (15:25):
Do you think about any sort of personal loan because
you're having a little bit of trouble with a family
problem or what have you, Well, that seems like a
justifiable circumstance. But then if you propose, oh, let's do
an interest exemption for personal loans that are for family difficulties,
how do you determine that?
Speaker 4 (15:42):
What's the criteria there?
Speaker 2 (15:45):
Or think about any other number of loans, types of
loans that are out there your credit cards?
Speaker 4 (15:51):
When does it stop?
Speaker 2 (15:52):
That's not a Republican or a conservative position, So I
would hope, I would hope that this is not a
policy that gets pursued. If it is, then make it
all the cars, not just you know, so called made
(16:13):
in America.
Speaker 4 (16:15):
But I think it would be on whyse dragon.
Speaker 3 (16:17):
It feels similar to the you know, we're going to
make minimum wage twenty dollars an hour, We're gonna make
minimum wage twenty five dollars an hour? Why why stop there?
Speaker 4 (16:24):
Right?
Speaker 3 (16:24):
Why make it thirty dollars? Make it fifty dollars? You know,
Michael is a proponent of making minimum wage here in
Denver fifty two dollars and eighty cents?
Speaker 4 (16:32):
Yes, so why not? Why stop? Why stop there? Why
not continue with any other you think about it? Why not?
Speaker 2 (16:41):
And when are we going to get to the point
where it's I go Now we're going to start talking
about having a partial forgiveness or cancelation at a certain
level for these other kinds of loans or what have you.
It's a it's a it is a genuine slippery slope
once you start down that path. It's already significant enough
that we have mortgage interested and that we have the
(17:02):
student loan exemption. But those things are in place because
there was, at the very least there was a societal
determination that we want to foster more home ownership because
that's part of the American dream, and we want people
to be more educated and be able to afford college.
So at least there was a societal reason, even if
(17:24):
it helped to screw things up. Because in this case,
the student loans in particular, we have a whole mess
because of the government, and this is just one little
piece of it. It's sort of like Yoda said, once
you start down the dark path, forever will dominate your destiny.
Speaker 4 (17:47):
Yeah, I know I went there. Is it too early
in the morning for a little bit of Yoda? Never,
I don't think so. I don't think so. Good to
be with you.
Speaker 2 (17:57):
Jimmy Sangenberger in from Michael Brown, dragging behind the glass.
Make sure those talkbacks are coming. I do not want
to hear the cackle this morning. Please no cackling. Tamala
texting the show as well at three three one zero
free put Mike or Michael in there.
Speaker 4 (18:15):
We'll be back on six point thirty.
Speaker 1 (18:16):
Kow, Jimmy, your Yoda is really good.
Speaker 3 (18:25):
Make I do.
Speaker 2 (18:27):
Hey Dragon. Jimmy Sangenberger in for Michael Brown. I love
that deep cut. I'd not heard that song before from
Michael Burke's, but I could tell it's in the key
of E and as you saw and folks heard if
they're listening live, of course, I pulled out my harmonica
(18:47):
and just jammed along with it.
Speaker 4 (18:48):
I hope that sounded pretty good.
Speaker 3 (18:50):
Never too early for some harmonica.
Speaker 2 (18:52):
No, no, it isn't, which brings me to something I
was talking to you about during the break Well, I
didn't watch more than a number of some pieces of
the Trump rally with a number of the different speakers
and a good chunk of Trump's speech. I am about
two hours ten minutes into the just shy of three
(19:14):
hour long Joe Rogan interview that Trump did.
Speaker 3 (19:18):
I don't listen to Joe Rogan. I don't Joe peruse
the podcast so much for him, But is that long
for him?
Speaker 2 (19:24):
It seems like no long no, not for Rogan, not
for a lot of longer form podcasters.
Speaker 1 (19:30):
Wow.
Speaker 4 (19:30):
In fact, it's probably short.
Speaker 2 (19:32):
If the Trump campaign didn't say we can't go any
longer than three hours, he had a rally, I think
it was laid to rally because of the Rogan interview.
Speaker 4 (19:41):
I think they would have gone even longer.
Speaker 2 (19:43):
And it's impressive a man of his age, as they say,
able to go three hours like that. But guess what
that's Donald Trump. I mean, she can't keep going. He's
like the energizer bunny.
Speaker 3 (19:54):
We've seen some of the other side do the interviews
with Kamala and it's just.
Speaker 4 (19:59):
Lucky if they can get twenty minutes, dratted there something.
Speaker 3 (20:02):
One was what was the Brett Bearer. One was the
twenty five twenty six minutes. Yes, they were told to
wrap it up.
Speaker 4 (20:09):
And they got there late too. Yeah.
Speaker 2 (20:12):
Absolutely they cannot do that, but Trump can't. And what's
so fascinating about this interview was the ground that he
covered was all over the map, and it was a
very interest heavy. But before I get to what I
mean by interest heavy, Rogan is there literally genuinely laughing.
(20:32):
You heard some noise in the background from the source
I got the audio from, but it was an example
of Trump just you know, ribbing the other host.
Speaker 4 (20:40):
It was very casual.
Speaker 2 (20:41):
He's been doing a lot of these interviews, podcast interviews,
So as I listened to this interview, what was striking
to me the interest heavy part. You hear me oftentimes
when I'm filling in you just heard it now with
a little harmonica. But where I'll talk about blues, talk
about music because it's a personal passion. It's different, or
(21:05):
maybe Dragon and I will nerd out on.
Speaker 4 (21:08):
Star Wars or what have you.
Speaker 2 (21:10):
Occasionally I'll do what Trump did with Rogan multiple times,
which is talk sports, and that's something that he did
in multiple contexts. They talked about golf and why Trump
loves golf, and Trump's health. They talked about fighting. Rogan
(21:31):
has a background with mixed martial arts and he's a
commentator for UFC and so forth. They talked about the
best fighters and all this and that, and it might
have seemed like a detour, but it wasn't because that's
why you do these kinds of interviews, because you want
to show that personal side of you that nobody else
(21:53):
is going to show unless you do a staged event
like McDonald's and you do it well like Trump did,
or a staged event like Kamala Harris going to a
black barber shop or getting beers with Gretchen Whitmer, and
every time it flops. There are staged events is stage
(22:14):
and McDonald's, but they flop because she can't bring that personality.
She's not relatable to the average person. When Trump does
these things, he shows why he connects to the average person,
why people like him, why they can trust him on
a personal level, which is important given something else that
(22:37):
I found really interesting about the rally last night, and
that is the attendance and participation of not just billionaire
Donald Trump, but other billionaires like Elon Musk and Cantor Fitzgerald,
which is a financial a global financial institution. Their CEO,
(23:00):
Howard Lutnik, showing up bad in speaking at this route, I'm.
Speaker 6 (23:04):
Doc Gothic maga. Well, it's the energy in this room
is incredible.
Speaker 3 (23:19):
What what a what a great group of people.
Speaker 5 (23:22):
So, and I've only got one question for you that
I'm getting out of here because this is your stage.
Speaker 4 (23:26):
That's Howard set up dog.
Speaker 6 (23:29):
Yes, how much do we you think we can rip
out of this wasted six point five trillion dollar howst
Biden budget?
Speaker 3 (23:38):
Well, I think we.
Speaker 4 (23:39):
Can do at least two trillion. Yeah, yes, two trillion.
Speaker 6 (23:45):
I mean, at the end of the day, you're being taxed,
giving tax, old.
Speaker 3 (23:51):
Govern spending, taxation.
Speaker 6 (23:52):
So whether it's it's direct taxation or old gun spending,
it's either becomes inflation or it's a direct taxation.
Speaker 3 (23:59):
Your money is being wasted.
Speaker 6 (24:01):
And the Department of Government Divisiency is going to fix that.
We're going to get the government off your back and
out of your pocketbook.
Speaker 3 (24:15):
So a couple.
Speaker 2 (24:18):
A couple quick things here before we run to our break. One,
It's not possible to just cut two trillion dollars.
Speaker 4 (24:27):
From waste or inefficiencies.
Speaker 2 (24:30):
But just being realistic, that's literally not possible unless you
get Congress to eliminate most of the federal departments, if
not pretty much all of them.
Speaker 4 (24:45):
When you think about.
Speaker 2 (24:46):
It, the amount of money that the federal government spends
is extraordinary, particularly when you think about mandatory spending things
like defense, Medicare, and Social Security, and particular interest on
the debt even I think is over a trillion dollars.
Speaker 4 (25:05):
Now or something.
Speaker 2 (25:06):
It's insane. It's insane. But the other thing is it's fascinating.
You can listen to Trump be so relatable and connect
with people in an interview like Joe Rogan or when
he's doing his rallies and he's on stage and he's
putting on the best show on Earth. But then you
(25:26):
also have to remember that guy's a billionaire. Elon Musk
is what two hundred and forty eight billion dollars quarter
of a trillion dollars in wealth for one man, or
Howard Lutnik, another billionaire.
Speaker 4 (25:43):
So Trump has crafted this.
Speaker 2 (25:46):
Persona of the guy who represents the everyman. And I
just talked about some of the reasons why that's the case,
including in the last segment where we talked about how
Trump is somebody who has this representation of I'm going
to make sure that we're working for the American people
(26:07):
and you're fired if not. That resonates with a lot
of people. But then you have these billionaires that are
showing up and talking about Trump and talking about him
being connected.
Speaker 4 (26:18):
With average people and so forth. Is there shoot me
a text.
Speaker 2 (26:21):
We're going to do all texts in the next segment
as we wrap up the hour three three one zero three.
Is the number three three one zero three. Put Mike
or Michael in the beginning.
Speaker 4 (26:31):
Do you think there's a.
Speaker 2 (26:32):
Disconnect there that some people feel or that you see,
or is Trump effectively bridging that divide and helping to
give that sense that a billionaire can be forging ahead
for average working people. I happen to have no problem
with billionaires, by the way, rather like billionaires because they
(26:55):
tend to be productive for the economy and provide so
many jobs and opportunities. But a lot of people don't
look at it that way. So what do you think
Shoot us a talk back as well? Right there on
the iHeartRadio app, We're going to take a quick break
more on the other side.
Speaker 4 (27:12):
Your text and talkback, no tackle please.
Speaker 2 (27:16):
Jimmy Sangenberger in for Michael Brown on six point thirty
K how Denver's talkstation.
Speaker 7 (27:21):
Hey Dragon and Jimmy, how about this. Why doesn't any
politician ever want to just simplify the tax code so
that people don't have to find ways to beg the
irs to have more of their money back. The tax
code is an insane thing when you think about it.
They steal the money we beg to get a dollar
(27:44):
back as a deduction total.
Speaker 4 (27:47):
Bobovine Feces, you're right, one hundred and fifty two hundred
percent right.
Speaker 2 (27:54):
Jimmy Sangenberger in for Michael Brown here on the situation
with Michael Brown. Look, the reality is simplifying the code
is what we should do. In fact, the Trump tax
rate cuts of twenty seventeen to some extent, simplified the code.
Now Trump is looking to make it more complex, more complicated,
(28:17):
to sort of turn back the clock on some of
that simplification. And I love what you're saying about simplify
the code, which, by the way, that was the.
Speaker 4 (28:26):
Kinkin of.
Speaker 2 (28:28):
Ronald Reagan's tax rate cuts where he brought it down
to just two rates, got rid of a slew of deductions,
including I believe the car interest deduction or exemption that
was done.
Speaker 4 (28:40):
Away with under Ronald Reagan with good reason.
Speaker 2 (28:43):
Let's simplify the code, lower the rates so everybody can
pay lower percentage, but get rid of these other complications
and good ease and all of that. I remember during
the twenty seventeen Tax Cuts and Jobs Act discussion, I
ran a nonprofit in one of the programs that we
(29:06):
had was called the Millennial Policy Center, and we did
a big project on simplifying the code. Even put out
a video that was called Simplify the Code, because.
Speaker 4 (29:16):
That's the that's the ticket, that's what you need to do,
all right.
Speaker 2 (29:21):
We got a lot of texts coming in three three,
one zero three Where to even begin? One hundred percent agree,
says Googer number sixty seven nine to one.
Speaker 4 (29:34):
Stop trying to buy votes.
Speaker 2 (29:36):
If he wants to give corporate tax breaks for building
in the US, then that is one thing. Promising things
to buy votes is another. Very fair. He's talking about
Trump and his proposed car interest exemption as well as
the care giver tax credit.
Speaker 4 (29:55):
Why should I subsidize your.
Speaker 2 (29:56):
Student loans by there being a tax exemption for interest,
you probably shouldn't.
Speaker 4 (30:04):
I'll just say that.
Speaker 2 (30:06):
And the reason why he wants to do interest on
US made car loans is it would increase the purchase
of US made cars and help the car companies get
out of the tobaco that they're in right now by
not being able to sell cars.
Speaker 4 (30:21):
Let me stop you there.
Speaker 2 (30:23):
You're asking why should you subsidize student loan interest while
also saying we should subsidize US made car loans because
there's an intention in trying to help US auto manufacturers. Well,
what about those Americans who were taught coming up through school, elementary, middle,
(30:47):
high school.
Speaker 4 (30:48):
They were told you need to get a college degree.
You need to get a college degree.
Speaker 2 (30:51):
So they took out massive student loans which were so
easy to get, even easier to get than it is
to get into a college. Sign on the Dota line,
went to college, Maybe they graduated, maybe they didn't, but
either way, they were saddled with massive amounts of debt.
Speaker 4 (31:08):
Why not help them with making it a little bit
less of a.
Speaker 2 (31:12):
Burden on their auto or their auto on their student
loan interest. Because they did that with the promise of
a better future. They're not getting it. They didn't understand
what was happening. They thought that it was necessary for
them to do this. The government was structuring these loans
in such a way that made it more and more expensive.
Speaker 4 (31:34):
Because it's the federal government's fault.
Speaker 2 (31:36):
The all knowing, all powerful federal government is at the
root of the problem with the student loan bubble.
Speaker 4 (31:43):
That's the counterpoint is somebody would say, well.
Speaker 2 (31:45):
They need to be helped, not people who decided to
frivolously go get a new car. Why should somebody who
bought a new car and couldn't afford it suddenly get
their interest exempted, but not somebody who took out student
loans so they could have a better life.
Speaker 4 (31:59):
This is why you don't have any of it.
Speaker 2 (32:02):
Simplify the code, as the wonderful Goober said in the talkback.
Simplify the code, get rid of those kinds of things,
and then you reduce the overall tax burden and allow
prosperity to grow. I'm to be saying in burger In
for Michael Brown, keep the text coming.
Speaker 4 (32:20):
Three three, one zero three is the number. Bring it
to your general.
Speaker 2 (32:24):
Doug Slocum joins us next to talk about Israel attacking
Iran backs stay with US
Popular Podcasts
24/7 News: The Latest
The latest news in 4 minutes updated every hour, every day.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com