Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Wow, another fee.
Speaker 2 (00:02):
Great.
Speaker 1 (00:04):
I mean, at least it's not a tax. I would
be really upset if it was a tax, but it's not.
It's a fee, hippy.
Speaker 2 (00:17):
I don't know which I like better, the content of
that talkback or the.
Speaker 3 (00:22):
Tone of the talkback.
Speaker 4 (00:23):
Well, the enthusiasm is great.
Speaker 2 (00:25):
Right, the enthusiasm just I think that just kind of personifies.
Speaker 3 (00:29):
All of Colorado right now.
Speaker 2 (00:31):
We're just like so beat down, so sick of the
stupidity in this state. It's just like, oh, good, another fee.
But the good news is the fee will reduce traffic accidents.
And therefore, will I still get get over the fact
that they literally say, we're going to lower your auto
(00:53):
insurance rates by tacking on an additional fee to your
insurance rates, Dragen, We're going to increase your salary by
increasing your income tax rate. Yeah, that's how you know.
(01:13):
I skipped over it, and I've already thrown it in
the trash. But I'll tell you real briefly, the story
drag and it fits with the story I was going
to do, but I decided not to do because I've
already I've already spent an hour beating up on Colorado,
which I can spend the entire day doing But Dragon
had a story over here about a company, a guy
(01:36):
in Denver, somewhere in Rhino lo doo somewhere in that area.
Speaker 5 (01:40):
Who.
Speaker 2 (01:42):
In twenty twenty two now checks computer. Yes, today is Wednesday,
April twenty third, twenty twenty five, So three years ago,
two and a half. Three years ago, this guy locates
a building in Rhino. He gets a mortgage on he
(02:02):
buys the building with a mortgage. The mortgage comes out
of some company out of New York, and he's going
to renovate the building and lease it out. Now, it
wasn't clear to me whether it was commercial or residential,
but it doesn't make any difference, so he buys the building.
Of course, he has to get the mortgage to buy
(02:23):
the building, and then he starts the permitting process. The
permitting process, which started in twenty twenty two, has now
gone longer than the due date on his mortgage, which
is now in foreclosure because he has no tenants because
(02:44):
he can't get the permit to get the tenants in
there to pay the mortgage. So he's a building with
no income. Now he's in foreclosure, and of course he
blames rightfully so the city and County of Denver.
Speaker 3 (02:58):
But here's the good news news.
Speaker 2 (03:01):
The good news is the mayor is going to establish
a new committee to speed up the permitting process. It's
taking on average about two years for a building permit.
Speaker 3 (03:16):
I did.
Speaker 2 (03:19):
I did a chat GPT just to find out what
the average was that it indicated one to two years
in Denver. And I mean think about that. Of course,
as we as dragon, I joked, we found as we
walked out during the break, there are two or three
five screen TVs out there, little ones.
Speaker 3 (03:41):
What were they?
Speaker 4 (03:42):
Forty two injurs only forty three?
Speaker 2 (03:44):
Yeah, I mean that's you know, if I were a man,
I'd be embarrassed by that. So forty two inches out there.
And somebody made the comment that, oh, we must have
some big wigs coming in because they're cleaning up the
building and looks like they're putting up some more big
screen TVs. And I and where they're look where they're sitting,
(04:05):
I think is where they're going. I think they're putting
screens up in the newsroom because currently the newsroom has
two little, tight, tiny TVs sitting on the equivalent of
TV dinner trays that are plugged in via an extension
cord that wraps around a printer or a copier that
(04:27):
looks like a hazard that someone's gonna trip and there's
gonna be a.
Speaker 6 (04:31):
Dan don't worry. That is right next to the Station
of the Year award.
Speaker 3 (04:36):
Right right next to the Station of the Year award. Exactly. No,
I'm just I just want to let snow.
Speaker 2 (04:41):
I want to, like capal snow that you might want
to go take a photo of that, because there's a
great personal injury workers comp case just waiting to happen
out there. So I think they're going to put them
up on that wall there where your printer is dragging
a printer you use, because there are some outlets there.
But when but the news guys was pointing out the
(05:01):
big wigs were coming, I said, well maybe, and then
I pointed to the other end down here by us,
because there are there's still a panel missing in the ceiling,
holes in the wall, holes in the wall where things.
Speaker 3 (05:13):
Are still you know, you know what I need.
Speaker 2 (05:15):
I need to print, but I need to go to
I started to say Kinko's, but with.
Speaker 4 (05:21):
That age is me doesn't it They still exist?
Speaker 2 (05:23):
I don't think they even exist anymore. But I need
to go to a FedEx office or something, and I
in need like a or maybe somebody.
Speaker 3 (05:30):
Alexa, we're looking at you.
Speaker 2 (05:33):
We need a uh, let's say three by three that's
too big, two by two picture of a round, black
and white stereotypical office clock, you know, the ones that
have the hands that move, and then we could take
that over those holes over here on this wall. How
(05:53):
long do you think before somebody from management get pissed
about that and take that down?
Speaker 6 (05:59):
I don't I also ask to hell, nobody from management
come to this side of the building.
Speaker 3 (06:04):
That's that's my point.
Speaker 6 (06:06):
It'd be quite a bit of time before anybody, I
mean somebody all of it was would go, hey, that's
really clever, right, and that's it right.
Speaker 2 (06:14):
And then somebody from if they wandered down here, they
would look at it and go they would never understand
why it was there. They would never understand, oh, there
are holes in the wall there where there's supposed to
be a clock.
Speaker 4 (06:28):
They'd look at the clock and go, that's not said
at the right time.
Speaker 3 (06:33):
That's even better.
Speaker 2 (06:34):
They'd look at the paper clock covering the holes and realized,
wait a minute, that says eight forty seven is two fifteen.
Speaker 4 (06:42):
Yeah, that's exactly what right on?
Speaker 2 (06:45):
So speaking of a management Uh, we had an email
this morning, so let me do my here. Hang on,
hi all, please give one live mention to below Wednesday
once in your show producers, please send this this is
you dragon. Oh please send air check for me to
send a corporate Okay, so here we go. Three two one.
(07:08):
iHeart has just been named the twenty twenty five Podcast
Company of the Year by the Webby Awards. That's the
Oscars of the Internet. So we proudly snagged fourteen wins.
You can find all those award winning podcasts and more
on the free iHeartRadio app. And when you go to
the free iHeart Radio app, be sure and search for
(07:31):
the Situation with Michael Brown. You hit that subscribe button
and that will get you all five days of the
weekday program, and it will get you all three hours
of the weekend nashally syndicated The Weekend with Michael Brown
and announcement. Now you can take that and send that
to Tepper.
Speaker 6 (07:51):
Well a couple of questions. Yes, we which probably should
have gone over this first, but it's funnier to do
on the are the web Awards, the Webby Awards. Do
we know we pronounced that right? Is this needs to
go to corporate?
Speaker 2 (08:01):
Well, it's it's it's not a double it's a double
b w e b B y.
Speaker 3 (08:06):
Yeah.
Speaker 2 (08:06):
So if it had been w E E B why
I would have said we be But this says w
E B B why So I said Webby. And it's
a Webby Awards. It's for uh the oscars of the interwebs,
so it must be the Webby Award.
Speaker 6 (08:21):
Claire, Okay, you have other questions about this, but also
on one last thing, you might do it again. I
wasn't recording.
Speaker 2 (08:30):
You are such an ass all that people are out
there on the edge of that. They're gripping their steering
wheels there they they've set their.
Speaker 3 (08:40):
Coffee down on their kitchen counter.
Speaker 2 (08:43):
The kids can't get out of the car to go
into school yet because they're waiting on this.
Speaker 4 (08:48):
You need to turn your mic onto when you do it.
Speaker 3 (08:51):
My mic was on a free I can't believe we're
doing Oh.
Speaker 4 (08:58):
You're seriously gonna do it again? Okay, great?
Speaker 2 (09:00):
Can can we be any more passive aggressive toward crap
that we're told to do and somehow get by with it.
This is this is an amazing thing to me. And then
here's the best part. You'll you'll edit it. You better
edit it. You'll edit it. Send it to temper tep
will go, damn, that's good. Send it off to corporate,
and somebody that I know in corporate might go, there's
(09:22):
Brown again doing a fantastic job, not knowing everything that
goes on around it. Okay, here we go, AM three
two one. iHeart has just been named the twenty twenty
five Podcast Company of the Year by the Webby Awards.
(09:42):
You know, that's the Oscars of the Internet. We proudly
snagged fourteen wins.
Speaker 3 (09:47):
Guess what.
Speaker 2 (09:48):
You can find all those award winning podcasts and so
much more on the free iHeart Radio app. And when
you go to that free iHeart Radio app, be certain
search for the situation with Michael Brown. You hit that
subscribe button, because that will get you all five days
of this weekday program, plus it will get you the
three hours of the weekend with Michael Brown, the nationally
(10:11):
syndicated program. End of corporate requirement.
Speaker 6 (10:17):
What makes this absolutely hilarious to me? Yes, I didn't
need you to do it a second time.
Speaker 3 (10:27):
I hate your gut, because I.
Speaker 6 (10:29):
Could even if I wasn't recording at the time when
you did the first one, I can still go back
to the audio logger and crab gotta.
Speaker 2 (10:41):
But I try to see you're the producer, and if
you need something, I'm trying to make your job easier.
Speaker 3 (10:46):
So I'm trying to be nice to you, you son
of a bitch.
Speaker 2 (10:49):
This is so.
Speaker 4 (10:50):
Hilarious to me.
Speaker 6 (10:51):
I know it's only funny to me. Everybody else right
now in the listening world. All the goobers are pissed
off and annoyed that we're even doing this.
Speaker 4 (10:58):
But this is just.
Speaker 3 (11:01):
Fantastic. And of course you've played me quite well. God I.
Speaker 4 (11:13):
Before the third time, just for fun.
Speaker 2 (11:15):
No, I've no, I've done my job. I've done I've
done you know what was it? Does the minimum matter
work to you? Know?
Speaker 3 (11:25):
I've done the whatever the minimum requirement is. I've done this.
So I'm done.
Speaker 6 (11:29):
Okay, Uh give the number fifty eight eleven me? Well,
real quick though, which question? Well, one last question and
I'll be done with it. Which copy would you like.
Speaker 4 (11:38):
Me to send? The first one or the second one?
Speaker 3 (11:41):
Which one?
Speaker 4 (11:42):
Did you which you do you prefer?
Speaker 2 (11:44):
You think I listened to what I did. Do you
think I even remember the first one, let alone, now
that I've moved on, even thought about the second one?
Speaker 4 (11:54):
Okay? Sure?
Speaker 2 (11:54):
How many times I've I explained to you that I
I'm always moving forward? I I don't remember what I
just did.
Speaker 6 (12:00):
I mean, your name's on the show, so I figured
you should be participating what goes up to corporate.
Speaker 3 (12:06):
Well, but.
Speaker 2 (12:08):
This was two producers too, so your name's technically on
the show also the executive producer. You know what executive
producer means in Hollywood. You just put money toward the
production of that movie or whatever.
Speaker 4 (12:27):
Yeah, pretty much.
Speaker 2 (12:27):
Yeah, So where's my money, mister executive producer?
Speaker 3 (12:31):
Yeah?
Speaker 6 (12:31):
But then I get a cutback from whenever the sales happened.
So where's all my sponsors? Well, you know how that's going.
You know how that's going?
Speaker 2 (12:40):
Right? Uh? Fifty eight eleven, Miguel I have now been
hit twice by two separate Mexican nationals in the US illegally,
no insurance, no English, no license. Both turned left as
I was driving through green lights, driving straight. Neither paid
his significant legal price. The most recent one, just three
(13:03):
months ago, walked away with one hundred and eighteen dollars
fifty cents in plea bargain citations that also included his
court fees. I have the receipt because I was right
behind him as he threw the receipt over his shoulder
as he walked out of the courthouse. A free illegal alien.
(13:24):
There's your increased insurance premiums right there, Thanks Colorado Democrat
a asterix asterix holes bingo, You are exactly right. Jennet Yell,
Remember Jenny Yell and the one that the Treasury secretary
under Joe Biden, Remember him, the one that told us
(13:47):
that inflation was transitory and that we didn't really have
anything to worry about. She was on CNBC recently and
she had this to say, I.
Speaker 7 (14:00):
Wonder your take on whether these negotiations and ninety day
pause for reciprocal tariffs that has been implemented to facilitate them,
conversation around exemptions for certain products at the very least,
are those things positive because it indicates the administration is
trying to put a finer point calibrate its tariff policy.
Or do they actually just sow confusion and potentially cause
(14:23):
more harm than good.
Speaker 3 (14:24):
Now, what a setup?
Speaker 2 (14:26):
What a premise for a question, because, as you know, JD.
Vans just came back from India. He and Prime Minister
Modei have put together a framework for a teriff agreement
between US and India, the largest democrat you know, population
in the world, and they want to make a trade
(14:46):
deal with US, as do close to one hundred and
fifty other nations. So despite all of the so called
chaos that exists with regard to trade versus tariffs, what's
really going on here? It's having the intended effect. But
the question is, and this is a business channel, is
(15:10):
this stuff really good?
Speaker 8 (15:14):
Well, Frankly, I think the entire policy has been misguided.
Speaker 2 (15:20):
If anybody should know about misguided policy, it should be
Janet Yellen.
Speaker 8 (15:24):
Objectives unclear, the rationale for the tariffs that have been
announced really unclear and not at all sensible.
Speaker 2 (15:39):
Man, everything she's saying, I'm sitting here thinking, are you
talking about yourself? Are you talking about Scott Bess and
Donald Trump?
Speaker 8 (15:49):
Steps toward removing the tariffs lowering them are positive, But
we're in a world of tremendous uncertainty. I have no
idea what will happen.
Speaker 3 (16:05):
You know what, we are in a world of tremendous uncertainty.
Speaker 2 (16:09):
Because we're trying to get off the fiscal calamity that
we've been heading toward, which we've all clamored and said,
this is unsustainable. We have to do something else. We
can't keep spending, we can't keep going into debt. We've
got to We've got to rearrange all of our trade
alliances with both our enemies and our allies, because we can't.
(16:33):
We can't keep giving China all of our they we
can't keep allowing them to steal our ip to build
their own military equipment. We can't allow them to keep
stealing our technology. Look look at Deep Seek and all
the artificial intelligence stuff they're stealing. We can't allow that.
And we can't keep transferring all of our wealth over
(16:54):
to that. So the chaos is to be. But let
me get back, let's hear the other parts that she makes,
and then let's die suck, because this is this is
just Trump drange with some dragons.
Speaker 3 (17:14):
I'm pure and simple. That's all of you. Good morning,
Michael and Dragon.
Speaker 4 (17:24):
I'm over here in North Dakota and I'm.
Speaker 8 (17:26):
Absolutely giggling bufus.
Speaker 2 (17:29):
That was so awesome.
Speaker 9 (17:30):
Dragon, Hey, Dragon, I just want you to know that
I'm not pissed off what you just pulled on, Brownie.
I laughed out loud, lusty and horses how was a
great move?
Speaker 3 (17:41):
Way to go appreciate it.
Speaker 6 (17:43):
Sometimes I'm not quite sure if my style of humor
hits everybody, because I'm very Andy Kaufman esque.
Speaker 4 (17:51):
I love him.
Speaker 6 (17:51):
He's absolute hilarious. So if it's just funny to me,
then it's hilarious. But the fact that it also made
you guys.
Speaker 3 (17:57):
Laugh great all I might at my expense.
Speaker 4 (18:03):
Of course, that's the best kind of humor.
Speaker 2 (18:09):
Make me look like a complete idiot, which is not
that difficult to do.
Speaker 6 (18:14):
So there for the text message of forty five twelve,
I am very sorry. I did go with the first one,
and this textures would go with the second version. The
second one had a little bit of spite to it
because he had to do it again, so it's like, uh,
maybe I still with the first one just in case
a little bit.
Speaker 2 (18:33):
Imagine that a little spie in my voice, you know.
Speaker 4 (18:36):
Just a little bit. You'd have to hear it and
know Michael to get it.
Speaker 2 (18:39):
But I can't imagine I was a little spikee for
having to do that. Stupid thing again. But be sure
remember we won some webbies, weebies, the oscars of the interwebs.
Speaker 3 (18:53):
Back to Janet Yellen if I can get a microphone.
Speaker 8 (18:56):
On this negotiations. The announcement about reciprocal tariffs indicated huge
tariffs on some countries like Vietnam or the European Union,
based on bilateral deficits in trade, which is in no
(19:20):
way a measure or indicative of unfair trade practices. It
was suggested that these reciprocal tariffs are in response to
unfair trade practices. That clearly wasn't the case, and for example,
with the European Union, the trade barriers are very very low.
(19:43):
So I must say I'm confused about what the Trump
administration will be looking for with Vietnam. For example, we
actively encouraged Vietnam to begin to produce good that we
were dependent on China for for national security purposes, we
(20:06):
wanted diversification of supply chains. I don't think there was
anything unanticipated or inappropriate about having a trade deficit with Vietnam.
I find it very difficult to know what the Trump
administration will be looking for.
Speaker 2 (20:27):
So she's just she's really taken the position when you
step back and think about everything that she's saying, these
trade deficits don't make any difference.
Speaker 3 (20:38):
Oh, we might have a little bit of a.
Speaker 2 (20:39):
National security concern about supply chains, about you know, the
Chinese Communist Party manufacturing so many of our goods. But
she talks about this idea of bringing manufacturing back to
this country. She described it in other parts of that
(21:00):
interview as a pipe dream. Now I find that really
weird because her boss, I Dragon. Would you google real
quickly and if you can, if you could find a
quick SoundBite of Joe Biden. Remember he used to talk always,
He always talked about we're we're building an economy from
(21:22):
the ground up, sideways, backwards, inside out whatever memory. He
always had that really odd thing he always say about,
we're building this, you know, from the ground up, from
the bottom up.
Speaker 3 (21:33):
Whatever. Well, what did that mean?
Speaker 2 (21:38):
It meant that he ran for president and he served
as president on the idea that he could revive manufacturing
in this country. That was the central pillar of that
promise of I think it was from the bottom up,
and that was it. It was from the bottom up,
in the middle out. That's exactly what he said, we
I mean what what what can that? What can that possibly?
You know, at the time, we used to make of it,
(22:00):
because that's all he ever talked about. But let's think
in terms of one. Did he accomplish that? No?
Speaker 3 (22:06):
But what was he mean? What did he mean by
saying that?
Speaker 2 (22:09):
He meant that he could revive them, He could revive
manufacturing in this country from the bottom up, in the
middle out. So did Yellen not believe what Joe Biden
was saying? Or alternatively, she may have believed what he
was saying, but thought to herself, but you don't have
the wherewithal to pull it off. You don't have the
(22:30):
skill set to pull it off. Was she not on
board with, say, the Chips Act? Remember the Chips Act,
which threw billions of dollars to get TSMC and other
semiconductor firms to begin shifting their production over to the
United States.
Speaker 3 (22:50):
And she claims that she doesn't.
Speaker 2 (22:52):
Understand the rationale for Trump's tear for war, which she says,
as you heard that sound bite, a self inflicted wound.
Now go back to Biden again for a moment, because
this ought to calm your nerves. I know, chaos, you'll
learn to embrace chaos Sometimes, well sometimes oftentimes, or more
(23:17):
often than not, life doesn't go as planned. There's always
chaos somewhere somehow, because we're, you know, eight billion human
beings all exercising, well, not all of us, but most
of us, trying to exercise our free will and doing
as we please, living in freedom and liberty, and that
becomes chaotic. When Biden ran for president in twenty twenty,
(23:40):
I know that seems like ancient history. He promised to
do away with the tariffs that Trump had imposed on China,
but he kept those tariffs in place, and in fact,
he went so far as to add to them last
year before.
Speaker 3 (23:57):
He left office. Now, why was he doing that.
Speaker 2 (24:00):
He did that because he was trying to protect America's
industries by putting one hundred percent tariff on imports of
Chinese evs. He put a fifty percent tariff on solar panels.
So did Yellen protest then about taxes on imports from China?
Speaker 3 (24:17):
Did she say anything then.
Speaker 2 (24:20):
About or even similar to what she said this past
week on CNBC?
Speaker 3 (24:24):
No?
Speaker 2 (24:25):
No, But she's pessimistic about US manufacturing and she's negative
on tariffs, and I think it's because of Trump. Derangement syndrome.
Her boss did the same thing, now, not to the
extent and not as dramatically.
Speaker 3 (24:42):
And it didn't.
Speaker 2 (24:44):
In fact, when I was thinking about this story, I
was hard pressed. I know, I have a hard time
remembering yesterday, but I was hard pressed thinking back. Was
there any thing in the cabal? Was there anything at
all on the networks and the cable channels about Oh
(25:06):
my god, Joe Biden has put one hundred percent tariffs
on Chinese evs.
Speaker 3 (25:12):
I mean, there may.
Speaker 2 (25:13):
Have been, but it was probably just in passing because
they were not going to do anything to upset Joe Biden.
But Donald Trump does something similar, trying to protect American
workers and trying to bring some manufacturing back to the
United States, and it's like, oh my god, we're living
in chaos. And Jenny Yellen's now on CNBC talking about
(25:36):
how bad this is. It's horrible for the economy, and
it's a disruption and it's chaoticity, and we don't know
what the plan is. It's Trump arrangement syndrome. You know
what's funny is let me get the exact date. This
was on April fourteen, so that was what that was
(25:58):
nine days ago that Jennet Yellen made those comments.
Speaker 3 (26:04):
Do you know On the same day, in.
Speaker 2 (26:07):
Vidia announced that for the first time ever in the
history of the country, it's going to manufacture its artificial
intelligence supercomputers entirely in this country. In a blog post
on that day, in Vidia said, together with leading manufacturing partners,
(26:27):
the company has commissioned more than a million square feet
of manufacturing space to build and test in Vidia Blackwell
chips in Arizona and AI supercomputers in Texas. Notice Colorado's
noticeably absent from that announcement. And then it went on
to say that its plans with its partners, they're going
(26:50):
to create up to five hundred billion dollars or put
another way, half a trillion dollars of AI infrastructure in
the United States within the next four years. Now, they're
not the only one. Just to give you some idea
(27:11):
that since Trump took office, you know, he likes to
taut about how they are all these investments coming in.
Reuters compiled a short list. I'm not going to go
through the entire list, but Reuters put together a list
of companies that are moving investment into this country simply
(27:38):
since Trump took office.
Speaker 3 (27:41):
That's next.
Speaker 5 (27:42):
Dragons sounded way too satisfied after playing that little prank
on Michael, I mean after hearing that. Now I have
this picture of Dragon laying back with his feet crossed,
his hands behind his head and smoking a cigarette. I
really didn't need that makes the serving in the morning.
Speaker 2 (28:01):
Was it good for you too? Why this is what
I have to look at all the time? You think
he actually does any work?
Speaker 3 (28:08):
Are you free? Are you freaking kidding me?
Speaker 4 (28:10):
I do as little as possible and make it still
look like our work.
Speaker 2 (28:13):
Here, don't we all? Don't we all? So here here
here's just a partial list. And then I want to
make a comment about some of them. So Johnson and Johnson,
what more American company is there? I mean, yeah, but
Johnson and Johnson is an American company.
Speaker 3 (28:34):
Think about that.
Speaker 2 (28:35):
So Johnson and Johnson has announced, they've not announced, They've
promised fifty five billion dollars coming back into this country
for manufacturing facilities over the next four years.
Speaker 3 (28:51):
Soft Bank they announced one hundred billion dollar.
Speaker 2 (28:55):
Now, all Reuter says is an investment in the United
States in the next four years. But here are a
couple of well actually three examples that are going to
be actual manufacturing that also include the national security interest
(29:16):
and which will increase jobs. No Vardes, the drug company,
is going to spend twenty three billion dollars to build
and expand ten medical manufacturing you know, pharmaceutical facilities in
this country. Now I didn't dig in further to find out.
(29:37):
I mean, I know the name no Vardes, and I
know that they make a lot of different pharmaceuticals. But
they're bringing that back into this country and they're spending
twenty three billion dollars to do that ten facilities. Eli Lilly,
another huge pharmaceutical company, is going to more than double
its manufacturing investment. They're going to add four new pharmacy
(30:00):
cuitico manufacturing sites in the United States. Those are actual jobs,
high paying jobs, which will.
Speaker 3 (30:10):
Also include the lower blue collar like jobs.
Speaker 2 (30:15):
Because a pharmaceutical manufacturing company, whether it's Johnson and Johnson, Novartist,
Eli Lilly, will create, uh, There'll be maintenance people, There'll
be janitorial people, there will be administrative people, there will
be all kinds of people in addition to the scientists
and you know, the people that work in the labs
(30:36):
and everything else. Plus then there's all of the materials
that go in the utilities and everything else that goes
into it. Those are great economic boons to this country.
Plus it's bringing real manufacturing jobs back to the country.
And then there's TSMC, the Taiwan Semiconductor Manufacturing Company, the
(30:56):
largest and most important semiconductor manufacturre in the entire world,
and which is threatened by the Chinese Communist Party. And
you know you've heard you probably remember the announcement when
the chairman of TSMC was here with Trump and they
were in the Roosevelt Room and he announced an additional
(31:17):
and additional setting aside the Chips Act, an additional one
hundred billion dollars into US production facilities. Those are actual
manufacturing facilities that once again will be a lot of
high paying jobs, will also include a lot of robotics
all of that, But you still have all the peripheral jobs.
(31:39):
And then think about the peripheral industries. I mean, it
just begins to snowball. So for Janet Yelling to sit
there and say that this is all a bunch of
bullcrap and is meaningless, she's not even paying attention to
the news. Now, bringing all manufacturing into the United States
is including not a paper dream because some is now
(32:03):
it'll look different. It's not going to be the nineteen
fifties or the nineteen sixties. These will be different kinds
of jobs, but you'll still have the I mean, you
may not have the you know, assembly line workers as
you kind of picture from the fifties and sixties. So
these will be you know, higher trained, higher educated people,
(32:23):
but you still have all the other people. You still
have all the blue collar workers that you have to
have to sustain that kind of industry. So don't don't
worry about the chaos. There's there's a rationale to it,
and it's already paying them.
Wow, another fee.
Speaker 2 (00:02):
Great.
Speaker 1 (00:04):
I mean, at least it's not a tax. I would
be really upset if it was a tax, but it's not.
It's a fee, hippy.
Speaker 2 (00:17):
I don't know which I like better, the content of
that talkback or the.
Speaker 3 (00:22):
Tone of the talkback.
Speaker 4 (00:23):
Well, the enthusiasm is great.
Speaker 2 (00:25):
Right, the enthusiasm just I think that just kind of personifies.
Speaker 3 (00:29):
All of Colorado right now.
Speaker 2 (00:31):
We're just like so beat down, so sick of the
stupidity in this state. It's just like, oh, good, another fee.
But the good news is the fee will reduce traffic accidents.
And therefore, will I still get get over the fact
that they literally say, we're going to lower your auto
(00:53):
insurance rates by tacking on an additional fee to your
insurance rates, Dragen, We're going to increase your salary by
increasing your income tax rate. Yeah, that's how you know.
(01:13):
I skipped over it, and I've already thrown it in
the trash. But I'll tell you real briefly, the story
drag and it fits with the story I was going
to do, but I decided not to do because I've
already I've already spent an hour beating up on Colorado,
which I can spend the entire day doing But Dragon
had a story over here about a company, a guy
(01:36):
in Denver, somewhere in Rhino lo doo somewhere in that area.
Speaker 5 (01:40):
Who.
Speaker 2 (01:42):
In twenty twenty two now checks computer. Yes, today is Wednesday,
April twenty third, twenty twenty five, So three years ago,
two and a half. Three years ago, this guy locates
a building in Rhino. He gets a mortgage on he
(02:02):
buys the building with a mortgage. The mortgage comes out
of some company out of New York, and he's going
to renovate the building and lease it out. Now, it
wasn't clear to me whether it was commercial or residential,
but it doesn't make any difference, so he buys the building.
Of course, he has to get the mortgage to buy
(02:23):
the building, and then he starts the permitting process. The
permitting process, which started in twenty twenty two, has now
gone longer than the due date on his mortgage, which
is now in foreclosure because he has no tenants because
(02:44):
he can't get the permit to get the tenants in
there to pay the mortgage. So he's a building with
no income. Now he's in foreclosure, and of course he
blames rightfully so the city and County of Denver.
Speaker 3 (02:58):
But here's the good news news.
Speaker 2 (03:01):
The good news is the mayor is going to establish
a new committee to speed up the permitting process. It's
taking on average about two years for a building permit.
Speaker 3 (03:16):
I did.
Speaker 2 (03:19):
I did a chat GPT just to find out what
the average was that it indicated one to two years
in Denver. And I mean think about that. Of course,
as we as dragon, I joked, we found as we
walked out during the break, there are two or three
five screen TVs out there, little ones.
Speaker 3 (03:41):
What were they?
Speaker 4 (03:42):
Forty two injurs only forty three?
Speaker 2 (03:44):
Yeah, I mean that's you know, if I were a man,
I'd be embarrassed by that. So forty two inches out there.
And somebody made the comment that, oh, we must have
some big wigs coming in because they're cleaning up the
building and looks like they're putting up some more big
screen TVs. And I and where they're look where they're sitting,
(04:05):
I think is where they're going. I think they're putting
screens up in the newsroom because currently the newsroom has
two little, tight, tiny TVs sitting on the equivalent of
TV dinner trays that are plugged in via an extension
cord that wraps around a printer or a copier that
(04:27):
looks like a hazard that someone's gonna trip and there's
gonna be a.
Speaker 6 (04:31):
Dan don't worry. That is right next to the Station
of the Year award.
Speaker 3 (04:36):
Right right next to the Station of the Year award. Exactly. No,
I'm just I just want to let snow.
Speaker 2 (04:41):
I want to, like capal snow that you might want
to go take a photo of that, because there's a
great personal injury workers comp case just waiting to happen
out there. So I think they're going to put them
up on that wall there where your printer is dragging
a printer you use, because there are some outlets there.
But when but the news guys was pointing out the
(05:01):
big wigs were coming, I said, well maybe, and then
I pointed to the other end down here by us,
because there are there's still a panel missing in the ceiling,
holes in the wall, holes in the wall where things.
Speaker 3 (05:13):
Are still you know, you know what I need.
Speaker 2 (05:15):
I need to print, but I need to go to
I started to say Kinko's, but with.
Speaker 4 (05:21):
That age is me doesn't it They still exist?
Speaker 2 (05:23):
I don't think they even exist anymore. But I need
to go to a FedEx office or something, and I
in need like a or maybe somebody.
Speaker 3 (05:30):
Alexa, we're looking at you.
Speaker 2 (05:33):
We need a uh, let's say three by three that's
too big, two by two picture of a round, black
and white stereotypical office clock, you know, the ones that
have the hands that move, and then we could take
that over those holes over here on this wall. How
(05:53):
long do you think before somebody from management get pissed
about that and take that down?
Speaker 6 (05:59):
I don't I also ask to hell, nobody from management
come to this side of the building.
Speaker 3 (06:04):
That's that's my point.
Speaker 6 (06:06):
It'd be quite a bit of time before anybody, I
mean somebody all of it was would go, hey, that's
really clever, right, and that's it right.
Speaker 2 (06:14):
And then somebody from if they wandered down here, they
would look at it and go they would never understand
why it was there. They would never understand, oh, there
are holes in the wall there where there's supposed to
be a clock.
Speaker 4 (06:28):
They'd look at the clock and go, that's not said
at the right time.
Speaker 3 (06:33):
That's even better.
Speaker 2 (06:34):
They'd look at the paper clock covering the holes and realized,
wait a minute, that says eight forty seven is two fifteen.
Speaker 4 (06:42):
Yeah, that's exactly what right on?
Speaker 2 (06:45):
So speaking of a management Uh, we had an email
this morning, so let me do my here. Hang on,
hi all, please give one live mention to below Wednesday
once in your show producers, please send this this is
you dragon. Oh please send air check for me to
send a corporate Okay, so here we go. Three two one.
(07:08):
iHeart has just been named the twenty twenty five Podcast
Company of the Year by the Webby Awards. That's the
Oscars of the Internet. So we proudly snagged fourteen wins.
You can find all those award winning podcasts and more
on the free iHeartRadio app. And when you go to
the free iHeart Radio app, be sure and search for
(07:31):
the Situation with Michael Brown. You hit that subscribe button
and that will get you all five days of the
weekday program, and it will get you all three hours
of the weekend nashally syndicated The Weekend with Michael Brown
and announcement. Now you can take that and send that
to Tepper.
Speaker 6 (07:51):
Well a couple of questions. Yes, we which probably should
have gone over this first, but it's funnier to do
on the are the web Awards, the Webby Awards. Do
we know we pronounced that right? Is this needs to
go to corporate?
Speaker 2 (08:01):
Well, it's it's it's not a double it's a double
b w e b B y.
Speaker 3 (08:06):
Yeah.
Speaker 2 (08:06):
So if it had been w E E B why
I would have said we be But this says w
E B B why So I said Webby. And it's
a Webby Awards. It's for uh the oscars of the interwebs,
so it must be the Webby Award.
Speaker 6 (08:21):
Claire, Okay, you have other questions about this, but also
on one last thing, you might do it again. I
wasn't recording.
Speaker 2 (08:30):
You are such an ass all that people are out
there on the edge of that. They're gripping their steering
wheels there they they've set their.
Speaker 3 (08:40):
Coffee down on their kitchen counter.
Speaker 2 (08:43):
The kids can't get out of the car to go
into school yet because they're waiting on this.
Speaker 4 (08:48):
You need to turn your mic onto when you do it.
Speaker 3 (08:51):
My mic was on a free I can't believe we're
doing Oh.
Speaker 4 (08:58):
You're seriously gonna do it again? Okay, great?
Speaker 2 (09:00):
Can can we be any more passive aggressive toward crap
that we're told to do and somehow get by with it.
This is this is an amazing thing to me. And then
here's the best part. You'll you'll edit it. You better
edit it. You'll edit it. Send it to temper tep
will go, damn, that's good. Send it off to corporate,
and somebody that I know in corporate might go, there's
(09:22):
Brown again doing a fantastic job, not knowing everything that
goes on around it. Okay, here we go, AM three
two one. iHeart has just been named the twenty twenty
five Podcast Company of the Year by the Webby Awards.
(09:42):
You know, that's the Oscars of the Internet. We proudly
snagged fourteen wins.
Speaker 3 (09:47):
Guess what.
Speaker 2 (09:48):
You can find all those award winning podcasts and so
much more on the free iHeart Radio app. And when
you go to that free iHeart Radio app, be certain
search for the situation with Michael Brown. You hit that
subscribe button, because that will get you all five days
of this weekday program, plus it will get you the
three hours of the weekend with Michael Brown, the nationally
(10:11):
syndicated program. End of corporate requirement.
Speaker 6 (10:17):
What makes this absolutely hilarious to me? Yes, I didn't
need you to do it a second time.
Speaker 3 (10:27):
I hate your gut, because I.
Speaker 6 (10:29):
Could even if I wasn't recording at the time when
you did the first one, I can still go back
to the audio logger and crab gotta.
Speaker 2 (10:41):
But I try to see you're the producer, and if
you need something, I'm trying to make your job easier.
Speaker 3 (10:46):
So I'm trying to be nice to you, you son
of a bitch.
Speaker 2 (10:49):
This is so.
Speaker 4 (10:50):
Hilarious to me.
Speaker 6 (10:51):
I know it's only funny to me. Everybody else right
now in the listening world. All the goobers are pissed
off and annoyed that we're even doing this.
Speaker 4 (10:58):
But this is just.
Speaker 3 (11:01):
Fantastic. And of course you've played me quite well. God I.
Speaker 4 (11:13):
Before the third time, just for fun.
Speaker 2 (11:15):
No, I've no, I've done my job. I've done I've
done you know what was it? Does the minimum matter
work to you? Know?
Speaker 3 (11:25):
I've done the whatever the minimum requirement is. I've done this.
So I'm done.
Speaker 6 (11:29):
Okay, Uh give the number fifty eight eleven me? Well,
real quick though, which question? Well, one last question and
I'll be done with it. Which copy would you like.
Speaker 4 (11:38):
Me to send? The first one or the second one?
Speaker 3 (11:41):
Which one?
Speaker 4 (11:42):
Did you which you do you prefer?
Speaker 2 (11:44):
You think I listened to what I did. Do you
think I even remember the first one, let alone, now
that I've moved on, even thought about the second one?
Speaker 4 (11:54):
Okay? Sure?
Speaker 2 (11:54):
How many times I've I explained to you that I
I'm always moving forward? I I don't remember what I
just did.
Speaker 6 (12:00):
I mean, your name's on the show, so I figured
you should be participating what goes up to corporate.
Speaker 3 (12:06):
Well, but.
Speaker 2 (12:08):
This was two producers too, so your name's technically on
the show also the executive producer. You know what executive
producer means in Hollywood. You just put money toward the
production of that movie or whatever.
Speaker 4 (12:27):
Yeah, pretty much.
Speaker 2 (12:27):
Yeah, So where's my money, mister executive producer?
Speaker 3 (12:31):
Yeah?
Speaker 6 (12:31):
But then I get a cutback from whenever the sales happened.
So where's all my sponsors? Well, you know how that's going.
You know how that's going?
Speaker 2 (12:40):
Right? Uh? Fifty eight eleven, Miguel I have now been
hit twice by two separate Mexican nationals in the US illegally,
no insurance, no English, no license. Both turned left as
I was driving through green lights, driving straight. Neither paid
his significant legal price. The most recent one, just three
(13:03):
months ago, walked away with one hundred and eighteen dollars
fifty cents in plea bargain citations that also included his
court fees. I have the receipt because I was right
behind him as he threw the receipt over his shoulder
as he walked out of the courthouse. A free illegal alien.
(13:24):
There's your increased insurance premiums right there, Thanks Colorado Democrat
a asterix asterix holes bingo, You are exactly right. Jennet Yell,
Remember Jenny Yell and the one that the Treasury secretary
under Joe Biden, Remember him, the one that told us
(13:47):
that inflation was transitory and that we didn't really have
anything to worry about. She was on CNBC recently and
she had this to say, I.
Speaker 7 (14:00):
Wonder your take on whether these negotiations and ninety day
pause for reciprocal tariffs that has been implemented to facilitate them,
conversation around exemptions for certain products at the very least,
are those things positive because it indicates the administration is
trying to put a finer point calibrate its tariff policy.
Or do they actually just sow confusion and potentially cause
(14:23):
more harm than good.
Speaker 3 (14:24):
Now, what a setup?
Speaker 2 (14:26):
What a premise for a question, because, as you know, JD.
Vans just came back from India. He and Prime Minister
Modei have put together a framework for a teriff agreement
between US and India, the largest democrat you know, population
in the world, and they want to make a trade
(14:46):
deal with US, as do close to one hundred and
fifty other nations. So despite all of the so called
chaos that exists with regard to trade versus tariffs, what's
really going on here? It's having the intended effect. But
the question is, and this is a business channel, is
(15:10):
this stuff really good?
Speaker 8 (15:14):
Well, Frankly, I think the entire policy has been misguided.
Speaker 2 (15:20):
If anybody should know about misguided policy, it should be
Janet Yellen.
Speaker 8 (15:24):
Objectives unclear, the rationale for the tariffs that have been
announced really unclear and not at all sensible.
Speaker 2 (15:39):
Man, everything she's saying, I'm sitting here thinking, are you
talking about yourself? Are you talking about Scott Bess and
Donald Trump?
Speaker 8 (15:49):
Steps toward removing the tariffs lowering them are positive, But
we're in a world of tremendous uncertainty. I have no
idea what will happen.
Speaker 3 (16:05):
You know what, we are in a world of tremendous uncertainty.
Speaker 2 (16:09):
Because we're trying to get off the fiscal calamity that
we've been heading toward, which we've all clamored and said,
this is unsustainable. We have to do something else. We
can't keep spending, we can't keep going into debt. We've
got to We've got to rearrange all of our trade
alliances with both our enemies and our allies, because we can't.
(16:33):
We can't keep giving China all of our they we
can't keep allowing them to steal our ip to build
their own military equipment. We can't allow them to keep
stealing our technology. Look look at Deep Seek and all
the artificial intelligence stuff they're stealing. We can't allow that.
And we can't keep transferring all of our wealth over
(16:54):
to that. So the chaos is to be. But let
me get back, let's hear the other parts that she makes,
and then let's die suck, because this is this is
just Trump drange with some dragons.
Speaker 3 (17:14):
I'm pure and simple. That's all of you. Good morning,
Michael and Dragon.
Speaker 4 (17:24):
I'm over here in North Dakota and I'm.
Speaker 8 (17:26):
Absolutely giggling bufus.
Speaker 2 (17:29):
That was so awesome.
Speaker 9 (17:30):
Dragon, Hey, Dragon, I just want you to know that
I'm not pissed off what you just pulled on, Brownie.
I laughed out loud, lusty and horses how was a
great move?
Speaker 3 (17:41):
Way to go appreciate it.
Speaker 6 (17:43):
Sometimes I'm not quite sure if my style of humor
hits everybody, because I'm very Andy Kaufman esque.
Speaker 4 (17:51):
I love him.
Speaker 6 (17:51):
He's absolute hilarious. So if it's just funny to me,
then it's hilarious. But the fact that it also made
you guys.
Speaker 3 (17:57):
Laugh great all I might at my expense.
Speaker 4 (18:03):
Of course, that's the best kind of humor.
Speaker 2 (18:09):
Make me look like a complete idiot, which is not
that difficult to do.
Speaker 6 (18:14):
So there for the text message of forty five twelve,
I am very sorry. I did go with the first one,
and this textures would go with the second version. The
second one had a little bit of spite to it
because he had to do it again, so it's like, uh,
maybe I still with the first one just in case
a little bit.
Speaker 2 (18:33):
Imagine that a little spie in my voice, you know.
Speaker 4 (18:36):
Just a little bit. You'd have to hear it and
know Michael to get it.
Speaker 2 (18:39):
But I can't imagine I was a little spikee for
having to do that. Stupid thing again. But be sure
remember we won some webbies, weebies, the oscars of the interwebs.
Speaker 3 (18:53):
Back to Janet Yellen if I can get a microphone.
Speaker 8 (18:56):
On this negotiations. The announcement about reciprocal tariffs indicated huge
tariffs on some countries like Vietnam or the European Union,
based on bilateral deficits in trade, which is in no
(19:20):
way a measure or indicative of unfair trade practices. It
was suggested that these reciprocal tariffs are in response to
unfair trade practices. That clearly wasn't the case, and for example,
with the European Union, the trade barriers are very very low.
(19:43):
So I must say I'm confused about what the Trump
administration will be looking for with Vietnam. For example, we
actively encouraged Vietnam to begin to produce good that we
were dependent on China for for national security purposes, we
(20:06):
wanted diversification of supply chains. I don't think there was
anything unanticipated or inappropriate about having a trade deficit with Vietnam.
I find it very difficult to know what the Trump
administration will be looking for.
Speaker 2 (20:27):
So she's just she's really taken the position when you
step back and think about everything that she's saying, these
trade deficits don't make any difference.
Speaker 3 (20:38):
Oh, we might have a little bit of a.
Speaker 2 (20:39):
National security concern about supply chains, about you know, the
Chinese Communist Party manufacturing so many of our goods. But
she talks about this idea of bringing manufacturing back to
this country. She described it in other parts of that
(21:00):
interview as a pipe dream. Now I find that really
weird because her boss, I Dragon. Would you google real
quickly and if you can, if you could find a
quick SoundBite of Joe Biden. Remember he used to talk always,
He always talked about we're we're building an economy from
(21:22):
the ground up, sideways, backwards, inside out whatever memory. He
always had that really odd thing he always say about,
we're building this, you know, from the ground up, from
the bottom up.
Speaker 3 (21:33):
Whatever. Well, what did that mean?
Speaker 2 (21:38):
It meant that he ran for president and he served
as president on the idea that he could revive manufacturing
in this country. That was the central pillar of that
promise of I think it was from the bottom up,
and that was it. It was from the bottom up,
in the middle out. That's exactly what he said, we
I mean what what what can that? What can that possibly?
You know, at the time, we used to make of it,
(22:00):
because that's all he ever talked about. But let's think
in terms of one. Did he accomplish that? No?
Speaker 3 (22:06):
But what was he mean? What did he mean by
saying that?
Speaker 2 (22:09):
He meant that he could revive them, He could revive
manufacturing in this country from the bottom up, in the
middle out. So did Yellen not believe what Joe Biden
was saying? Or alternatively, she may have believed what he
was saying, but thought to herself, but you don't have
the wherewithal to pull it off. You don't have the
(22:30):
skill set to pull it off. Was she not on
board with, say, the Chips Act? Remember the Chips Act,
which threw billions of dollars to get TSMC and other
semiconductor firms to begin shifting their production over to the
United States.
Speaker 3 (22:50):
And she claims that she doesn't.
Speaker 2 (22:52):
Understand the rationale for Trump's tear for war, which she says,
as you heard that sound bite, a self inflicted wound.
Now go back to Biden again for a moment, because
this ought to calm your nerves. I know, chaos, you'll
learn to embrace chaos Sometimes, well sometimes oftentimes, or more
(23:17):
often than not, life doesn't go as planned. There's always
chaos somewhere somehow, because we're, you know, eight billion human
beings all exercising, well, not all of us, but most
of us, trying to exercise our free will and doing
as we please, living in freedom and liberty, and that
becomes chaotic. When Biden ran for president in twenty twenty,
(23:40):
I know that seems like ancient history. He promised to
do away with the tariffs that Trump had imposed on China,
but he kept those tariffs in place, and in fact,
he went so far as to add to them last
year before.
Speaker 3 (23:57):
He left office. Now, why was he doing that.
Speaker 2 (24:00):
He did that because he was trying to protect America's
industries by putting one hundred percent tariff on imports of
Chinese evs. He put a fifty percent tariff on solar panels.
So did Yellen protest then about taxes on imports from China?
Speaker 3 (24:17):
Did she say anything then.
Speaker 2 (24:20):
About or even similar to what she said this past
week on CNBC?
Speaker 3 (24:24):
No?
Speaker 2 (24:25):
No, But she's pessimistic about US manufacturing and she's negative
on tariffs, and I think it's because of Trump. Derangement syndrome.
Her boss did the same thing, now, not to the
extent and not as dramatically.
Speaker 3 (24:42):
And it didn't.
Speaker 2 (24:44):
In fact, when I was thinking about this story, I
was hard pressed. I know, I have a hard time
remembering yesterday, but I was hard pressed thinking back. Was
there any thing in the cabal? Was there anything at
all on the networks and the cable channels about Oh
(25:06):
my god, Joe Biden has put one hundred percent tariffs
on Chinese evs.
Speaker 3 (25:12):
I mean, there may.
Speaker 2 (25:13):
Have been, but it was probably just in passing because
they were not going to do anything to upset Joe Biden.
But Donald Trump does something similar, trying to protect American
workers and trying to bring some manufacturing back to the
United States, and it's like, oh my god, we're living
in chaos. And Jenny Yellen's now on CNBC talking about
(25:36):
how bad this is. It's horrible for the economy, and
it's a disruption and it's chaoticity, and we don't know
what the plan is. It's Trump arrangement syndrome. You know
what's funny is let me get the exact date. This
was on April fourteen, so that was what that was
(25:58):
nine days ago that Jennet Yellen made those comments.
Speaker 3 (26:04):
Do you know On the same day, in.
Speaker 2 (26:07):
Vidia announced that for the first time ever in the
history of the country, it's going to manufacture its artificial
intelligence supercomputers entirely in this country. In a blog post
on that day, in Vidia said, together with leading manufacturing partners,
(26:27):
the company has commissioned more than a million square feet
of manufacturing space to build and test in Vidia Blackwell
chips in Arizona and AI supercomputers in Texas. Notice Colorado's
noticeably absent from that announcement. And then it went on
to say that its plans with its partners, they're going
(26:50):
to create up to five hundred billion dollars or put
another way, half a trillion dollars of AI infrastructure in
the United States within the next four years. Now, they're
not the only one. Just to give you some idea
(27:11):
that since Trump took office, you know, he likes to
taut about how they are all these investments coming in.
Reuters compiled a short list. I'm not going to go
through the entire list, but Reuters put together a list
of companies that are moving investment into this country simply
(27:38):
since Trump took office.
Speaker 3 (27:41):
That's next.
Speaker 5 (27:42):
Dragons sounded way too satisfied after playing that little prank
on Michael, I mean after hearing that. Now I have
this picture of Dragon laying back with his feet crossed,
his hands behind his head and smoking a cigarette. I
really didn't need that makes the serving in the morning.
Speaker 2 (28:01):
Was it good for you too? Why this is what
I have to look at all the time? You think
he actually does any work?
Speaker 3 (28:08):
Are you free? Are you freaking kidding me?
Speaker 4 (28:10):
I do as little as possible and make it still
look like our work.
Speaker 2 (28:13):
Here, don't we all? Don't we all? So here here
here's just a partial list. And then I want to
make a comment about some of them. So Johnson and Johnson,
what more American company is there? I mean, yeah, but
Johnson and Johnson is an American company.
Speaker 3 (28:34):
Think about that.
Speaker 2 (28:35):
So Johnson and Johnson has announced, they've not announced, They've
promised fifty five billion dollars coming back into this country
for manufacturing facilities over the next four years.
Speaker 3 (28:51):
Soft Bank they announced one hundred billion dollar.
Speaker 2 (28:55):
Now, all Reuter says is an investment in the United
States in the next four years. But here are a
couple of well actually three examples that are going to
be actual manufacturing that also include the national security interest
(29:16):
and which will increase jobs. No Vardes, the drug company,
is going to spend twenty three billion dollars to build
and expand ten medical manufacturing you know, pharmaceutical facilities in
this country. Now I didn't dig in further to find out.
(29:37):
I mean, I know the name no Vardes, and I
know that they make a lot of different pharmaceuticals. But
they're bringing that back into this country and they're spending
twenty three billion dollars to do that ten facilities. Eli Lilly,
another huge pharmaceutical company, is going to more than double
its manufacturing investment. They're going to add four new pharmacy
(30:00):
cuitico manufacturing sites in the United States. Those are actual jobs,
high paying jobs, which will.
Speaker 3 (30:10):
Also include the lower blue collar like jobs.
Speaker 2 (30:15):
Because a pharmaceutical manufacturing company, whether it's Johnson and Johnson, Novartist,
Eli Lilly, will create, uh, There'll be maintenance people, There'll
be janitorial people, there will be administrative people, there will
be all kinds of people in addition to the scientists
and you know, the people that work in the labs
(30:36):
and everything else. Plus then there's all of the materials
that go in the utilities and everything else that goes
into it. Those are great economic boons to this country.
Plus it's bringing real manufacturing jobs back to the country.
And then there's TSMC, the Taiwan Semiconductor Manufacturing Company, the
(30:56):
largest and most important semiconductor manufacturre in the entire world,
and which is threatened by the Chinese Communist Party. And
you know you've heard you probably remember the announcement when
the chairman of TSMC was here with Trump and they
were in the Roosevelt Room and he announced an additional
(31:17):
and additional setting aside the Chips Act, an additional one
hundred billion dollars into US production facilities. Those are actual
manufacturing facilities that once again will be a lot of
high paying jobs, will also include a lot of robotics
all of that, But you still have all the peripheral jobs.
(31:39):
And then think about the peripheral industries. I mean, it
just begins to snowball. So for Janet Yelling to sit
there and say that this is all a bunch of
bullcrap and is meaningless, she's not even paying attention to
the news. Now, bringing all manufacturing into the United States
is including not a paper dream because some is now
(32:03):
it'll look different. It's not going to be the nineteen
fifties or the nineteen sixties. These will be different kinds
of jobs, but you'll still have the I mean, you
may not have the you know, assembly line workers as
you kind of picture from the fifties and sixties. So
these will be you know, higher trained, higher educated people,
(32:23):
but you still have all the other people. You still
have all the blue collar workers that you have to
have to sustain that kind of industry. So don't don't
worry about the chaos. There's there's a rationale to it,
and it's already paying them.
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