October 3, 2025 • 41 mins
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Episode Transcript
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Speaker 1 (00:01):
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Speaker 2 (01:02):
We're just trying to turn a nechelan do a dime.
That's the bottom line.
Speaker 3 (01:14):
Welcome to real, honest talk about money, politics, news and
information you can actually use. Buggle up and hold on tight.
Speaker 4 (01:23):
This is.
Speaker 5 (01:24):
That's the bottom line.
Speaker 3 (01:29):
The best thing that life. But you can give them
to the bath and be that.
Speaker 4 (01:42):
That's morning, everybody.
Speaker 6 (01:48):
This is that's the bottom line. I'm your host, Jeff
Lewis of ASSEK Word the Associates, along with Geene Valerini.
Thanks for spending part of your weekend with us. Our
top line story this week, it's a shutdown. You want it, well,
it's a shutdown. You got.
Speaker 7 (02:05):
On this vote.
Speaker 8 (02:06):
The a's are forty seven, the nays are fifty three.
Speaker 7 (02:09):
Three fifths of the.
Speaker 9 (02:09):
Senators duly chosen have sworn not having a vote on
the affirmative.
Speaker 10 (02:13):
The motion is not agreed to.
Speaker 6 (02:15):
This week, the Senate failed to pass a continuing resolution
to keep the federal government open, resulting in the shutdown
that went and to effect Wednesday morning. Here's a summary
of the arguments made by Democratic leader Chuck Schumer and
Republican leader John Thune.
Speaker 11 (02:30):
Donald Trump and Republicans have barreled us into a shutdown
because they refuse to protect Americans' health care. It's clear
that the way out of this shutdown is to sit
down and negotiate with Democrats to address the looming health
care crisis that faces tens of millions of American families.
(02:51):
Democrats want to avert this crisis, but Republicans tried to
bully us, and it's clear they can't they don't have
the votes. The way out of this is for Republicans
to finally roll up their sleeves and get to work.
Speaker 12 (03:06):
Miss President. Democrats are well aware of the damage of
a government shutdown. We've heard it from them time and
time again, but apparently none of that matters to Democrats today.
All that seems to matter is that they're far left.
Base sees them fighting against President Trump, and the American
people just have to suffer the consequences. Miss Present, We
(03:29):
can end this today. There is a clean, non partisan
continuing resolution at the desk. It has no partisan policy writers,
no new Republican policies. It just keeps the government running
until November the twenty first.
Speaker 6 (03:46):
Basically, the issue is this. The Republicans proposed a clean resolution,
no writer or anything, just a continuance of spending through
the next two months to keep the lights on. The Democrats,
like by Chuck Schumer, weren't having it. Instead, they decided
to make a stand for what they consider to be
critical health care spending on medicaid in reality, though the
(04:07):
real world is far more complex than this. The Democrats
are trying to score political points with their base and
some martial independent voters by shutting the government down while
framing it as the Republican's fault, because well, this tactic
usually works, and the GOP normally doesn't message very well
on this kind of issue in the past. But the
(04:28):
President himself has made it clear he doesn't want the
government shut down, and he's willing to make the Democrats
pay for doing this.
Speaker 1 (04:37):
Shutting it down.
Speaker 13 (04:38):
We're not shutting it down. We don't want it to
shut down because we have the greatest period of time ever.
I tell you, we have seventeen trillion dollars being invested.
So the last person that wants to shut down is us. Now,
with that being said, we can do things during the
shutdown that are irreversible, that are bad for them and
irreversible by them, like cutting vast numbers of people out,
(04:59):
cutting things that they like, cutting programs.
Speaker 14 (05:01):
That they like.
Speaker 13 (05:02):
We can cut large numbers of people. We don't want
to do that, but we don't want fraud, waste, and abuse,
and you know we're cutting that. But they want to
have illegal aliens come into our country and get massive
health care at the court to everybody else and we
don't have it. And that's I would say, the number
one reason that they want to strike is to get
(05:24):
illegal immigrants health care.
Speaker 6 (05:26):
Now, House Minority Leader Hakeem Jeffries disputes that back, saying
that it's already against the law for illegals to use
federal health care benefits. Yeah, dude, that's the whole point.
Speaker 15 (05:38):
But whatever, Donald Trump and Republicans have shut the government
down because they don't want to provide health care to
working class Americans. Federal law prohibits the use of Medicare, Medicaid,
the Children's Health Insurance Program, and the Affordable Care Act
to provide health insurance in any way, shape or form
(06:00):
two undocumented immigrants, period, full stop. That's the law.
Speaker 6 (06:04):
And Democrats, Oh yeah, then why the hell is it happening.
According to Whitehouse dot gov, the administration claims one point
for a million illegal immigrants nationwide draw Medicaid benefits. As
of right now, seven states already allow for state funded
coverage of adults regardless of immigration status. California, Colorado, Oregon, Washington, Illinois, Minnesota,
(06:31):
and hikeem Jeffreys' home state of New York Maryland allows
illegal immigrants to purchase health care exchange plans without subsidies.
Now you tell me that these states aren't also getting
additional federal support. Hogwash. The truth is there's another dynamic
at play. This isn't about healthcare. The Democratic leadership took
(06:52):
a political hit from their face a few months ago
when they kept the government open. So now Schumer and
Jeffreys are exposed politic do they cave to their base
or do they keep the government open? The ever sour
Don Lemon summarizes their predicament.
Speaker 16 (07:09):
The base of the Democratic Party wants the Democrats to
fight back.
Speaker 3 (07:12):
This is fight at the end.
Speaker 16 (07:13):
Yeah, they wanted to fight to the end. This is
kind of a fight for the soul of the Democratic Party.
So I think that they're going to They're between a
rock and hard place on that part of it. Whether
they come up with some sort of compromise or maybe
ten days that Chuck Schumer was saying, or whether they
just say shut it down. That's going to be a
tough one for the dimmer.
Speaker 3 (07:29):
Yes, yeah, I hear you on that.
Speaker 6 (07:30):
Yeah, yeah, See, it's not about healthcare at all. The
Democratic base needs energy ahead of nix year's midterms, and
this is what they came up with, generated based off
of what happened last time around. Plus, Chucky Schumer is
sweating in his boots about a primary challenge from AOC
for his New York Senate seat and is trying to
rally the wagons. It's basically common knowledge now, even though
(07:53):
the main players deny it, and there's still the possibility
she's running for president not Senate. But Chuck is right
to be scared, and AOC is not doing anything to
tamp down the rumors. Chris Hayes on MSNBC asked her
about it directly on Wednesday.
Speaker 17 (08:09):
Let me ask you this. There are some people I
have seen who have the following theory of why we
why Senate Democrats have not cut a deal where they
give eight votes and you know, move, move along. And
that is that Chuck Schumer is worried about a primary
challenge from you and is worried about the politics to
his left flank, and so because of that worry about
(08:30):
a primary challenge, he's going to shut down the government. Ergo,
it is AOC's fault that the government's shutting down, or
that you're somehow the kind of full crumb of this.
And I want to just ask you straight up, like,
are you planning to primary challenge him? Do you think
that's why he's doing this?
Speaker 7 (08:46):
This is so not about me in this moment. This
is about people being able to ensure their children. And
I will say because I saw some senators speculating about this,
and I saw some Republican members of Congress saying, oh, well,
if we have this shutdown, it's because of AOC. Well,
(09:07):
if that's the case, my office is open and you
are free to walk in and negotiate with me directly.
Speaker 6 (09:14):
Well, she didn't exactly deny it, did she. She may
sound like she's speaking rhetorically, but I don't think for
a minute she's not relishing the prospect that some Republican's
doing just that she wants to be seen as a
key leader within the party, even if other leaders like
Pelosi are covering for her.
Speaker 3 (09:31):
She is she driving that.
Speaker 18 (09:32):
Why are you saying such a ridiculous thing.
Speaker 11 (09:34):
I'm just quoting what AOC said.
Speaker 18 (09:36):
She said, go to her office directly. Do you think
there's any credibility to that? Directing this she's wonderful, she's
a real a team player, and the rest of that
are You start by saying Republicans saying that she's directing this.
She is not how came.
Speaker 6 (09:52):
Jeffries is more on what this means when we return
back after this, We're.
Speaker 2 (09:58):
Just trying to turn anckle in through dial. That's the
bottom line.
Speaker 1 (10:04):
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Speaker 3 (13:34):
We're just trying to turn a nickel in to what time.
Speaker 5 (13:38):
That's the bottom line?
Speaker 4 (13:55):
Can even We're back with that the bottom line.
Speaker 6 (14:11):
I'm Jeff Lewis. When we left off, we were listening
to Democrats defend their position on the shutdown. There's a
superficial claim that this is about healthcare, notwithstanding quotes are
scrutiny shows us this is really about a power struggle
within the Democratic leadership. That's why, as we heard before
we went to break, Nancy Pelosi was so adamant on
deflecting away from AOC and back towards Hakeem Jeffries. Pelosi
(14:35):
doesn't want AOC looking like she's running things because Pelosi
wants her friend and Governor Gavin Newsom to be the
next president. Now the guy I really believe does need
to be the next president. Jd Vance spoke at a
press conference about the shutdown and on healthcare. Here. He
is quick to delineate that the shutdown in healthcare are
two very separate issues that the administration is willing to
(14:57):
talk about.
Speaker 9 (14:58):
What we've said to the Democrats is that we're willing
to have a conversation about how to ensure that Americans
continue to have access to healthcare, and frankly, they should
have access to better health care at a lower costs.
We inherited a mess of healthcare systems in the Biden administration.
It's why the President has worked so hard on the
Most Favored Nation status for prescription drugs. It's why we
(15:18):
care so much about lowering the costs of prescriptions and
why we're doing everything else. We're willing to have that conversation,
but I think it's important to bracket the healthcare policy
conversation because it's separate from the government shutdown. We think
that we can open the government and then have the
conversation about what best health care policy to fit the
needs of the American people. That's all we're trying to do.
(15:39):
That's all we're trying to accomplish. We've got to reopen
the government.
Speaker 4 (15:41):
First.
Speaker 6 (15:42):
Notice that Vance talks about health care, but that he
flat out rejects the notion that the issue is somehow
linked to the government functioning. Do you want to talk
about healthcare Democrats? Fine, come back to work now. This
was the end of a response to a question asked
by RCP White House course Phil Wegman to the Vice
President about President Trump's comments that we aired in the
(16:05):
first segment. We include them again partially here, But notice
that the premise of the question is twofold. That the
media consensus is both that the shutdown is the Democratic's
fault and actually a political opportunity for the Republicans.
Speaker 20 (16:21):
You laid out a lot of the pain and problems
that would come with a democratic shutdown, and yet in
the Oval Office yesterday, the President said that a lot
of could could come from a shutdown.
Speaker 13 (16:32):
We can do things during the shutdown that are irreversible,
that are bad for them and irreversible by them, trim
the budget to a level that you couldn't do any
other way.
Speaker 20 (16:42):
So square that circle is, which is a Democratic caused
crisis or a Republican opportunity for reform.
Speaker 9 (16:50):
Well, I think all the President is saying, phil is
that he wants to make sure the American people's government
functions as well as it can despite the fact that
we're in a shutdown. We're going to have to make
things work, and that means that we're going to have
to triash some certain things. That means certain people are
going to have to get laid off, and we're going
to try to make sure that the American people suffer
as little as possible from the shutdown. That's what the
President is saying, is that, yes, this is a bad thing.
(17:12):
Obviously the President is trying to reopen the government, but
we're going to make things work as well as we
possibly gain.
Speaker 6 (17:17):
The Vice President went on to excoriate the Democratic position.
Notice that it's fans out here giving this presentation, not
President Trump that should tell you about the future this
administration has planned for the Vice president. Listen to how
well he frames the Republican response to the Democrats shutting
down the government.
Speaker 19 (17:35):
It's number one.
Speaker 9 (17:36):
Democrats say that they care a lot about lowering health
care costs, and yet when the President took historic action
to work with the drug companies to lower prescription drug prices,
the Democrats did nothing to help us. In fact, we
would have loved to have the Democrats helping.
Speaker 15 (17:50):
Us, but they didn't.
Speaker 9 (17:51):
They talk about doing something, they don't actually do the
hard work of making it happen. What they have done
instead is to shut down the government because we won't
give billions of dollars to health care funding for illegal aliens.
Speaker 3 (18:02):
That is what has actually happened.
Speaker 9 (18:04):
To the American people who are watching. The reason your
government is shut down at this very minute is because
despite the fact that the overwhelming majority of Congressional Republicans
and even a few moderate Democrats supported opening the government,
the Chuck Schumer, AOC wing of the Democratic Party, shut
down the government because they said to us, we will
open the government, but only if you give billions of
(18:25):
dollars of funding for health care for illegal aliens.
Speaker 6 (18:28):
That's yeah, it is ridiculous. But Democrats stopped the sanity
charade years ago. But as Vice President Vance explains again,
it was never really about health care. Here, he directly
calls out Chuck Schumer for acting purely out of political desperation.
Speaker 9 (18:43):
I think a lot of Americans are asking themselves why
did this happen? Why did the Democrats shut down the
government despite, as Caroline said, voting on the exact same
piece of legislation six months ago. And there are a
lot of different spins that we can put on it,
a lot of different answers that we could give all
of them. True, one answer I already gave is that
they want to give health care benefits to illegal aliens.
Speaker 3 (19:02):
That is true.
Speaker 9 (19:03):
They gave us legislative text that would have undone us
cutting off health care benefits for illegal aliens. That's one
of the things that they asked for. But the reality here,
and let's be honest about the politics, is that Chuck
Schumer is terrified she's going to get a primary challenge
from Alexandria Ocassia Cortez. The reason why the American People's
(19:23):
government is shut down is because Chuck Schumer is listening
to the far left radicals in his own party because
he's terrified of a primary challenge. So I'd invite Chuck
Schumer to join the moderate Democrats in fifty two Senate
Republicans do the right thing, open up the People's government,
and then let's fix health care policy for the American people.
Speaker 6 (19:43):
Despite the leadership being shown by Trump and Vance in
refusing to be held hostage by the Democratic demands, it
seems that Schumer and the liberal Democrats are dedicated to
going down this road. They're putting their own political futures
ahead of the country. But that's nothing new. Question is
how does this all play out with the American people.
(20:04):
Will they hold Democrats to account or will they drink
the kool aid being offered by the legacy media networks.
The RCAP podcast discusses it here.
Speaker 21 (20:13):
It does seem like Republicans have the upper hand in
the messaging wars.
Speaker 3 (20:17):
Democrats just need to.
Speaker 21 (20:19):
They are unified and keeping preventing this bill from going
to the President's desk, and so they are the obstacle
to keeping the government open. I think that's pretty pretty
plain and clear to everybody.
Speaker 8 (20:29):
Well, it should be clear to everybody, Tom, but it isn't.
And the polling shows that more people blame slightly more
blame Republicans than Democrats. And I was curious about why
that is. My inbox was filled with dozens of emails
today in identical language. The DNC, all the Democratic leaders,
(20:49):
democratic candidates for Congress, the Republicans shutdown. I mean, it's arwelliant.
The Republicans have a bill to keep the government going.
Democrats vote against it while breaking boasting that they're doing
this to protect Medicare and the vulnerable people from healthcare.
Democrats want it both ways. They say we're doing this
(21:09):
on principle, shutting the government down to protect these healthcare subjecties,
and then turn around say, but the Republicans shut it down.
Speaker 6 (21:16):
And despite all the drama, what's really being shut down. Honestly,
a lot of government agencies are still open.
Speaker 10 (21:22):
The Post Office is open, the VA, the IRS, the
National Parks, the Smithsonian student loan billing, so the bills
are going out. Social Security is open, the FAA. Anyway,
you get the idea. It's possible, or is it possible
that what makes this government shut down different is that
the government is largely operating as per normal.
Speaker 6 (21:45):
So it sounds like, if you want to visit Yellowstone
National Park, it's still going to be open. If you
want to go on vacation, all the parks will still
be there. If you're drawing Social Security, still going to
get your check. I'm sure we'll survive. Jean's here after this.
Speaker 3 (22:00):
Turn a neickel into a dive.
Speaker 2 (22:02):
That's the bottom line. We're just trying to turn a
nickel into a dime. That's the bottom line.
Speaker 22 (22:15):
Welcome back, everyone, Welcome to this edition of That's the
bottom line. And what we referred to is today's dirty
little secret. New fitness standards were ordered by Secretary of
War Pete hegseth as to new standards for American military,
(22:38):
including the top Brass, and what they're saying is the
top Brass isn't too happy about it. Some of those
shadow generals probably prefer not to get in shape, but
who knows. Additionally, no more beards permitted on the faces
of military officers, and there is an exception for Navy seals.
(23:03):
President Trump announced new requirements for top US officers in
the US military this week, and it's the beginning of
new physical fitness standards for members of the US military,
but more especially the nation's top generals and admirals. Physical
(23:24):
fitness requirements will be required among the top members of
the military and also the privates, So they're going from
privates up to the generals and semen up to the admirals.
Leading the new orders as Secretary of War Pete Hegseth,
(23:45):
as President Trump plans new standards for America's brass along
with common enlisted men in more simple terms, ladies and gentlemen.
Secretary of War Pete Hexson has declared an end to
political correctness, and so has Donald Trump. Within the branches
(24:09):
of the US military, Hexath announced new directives for troops
that include general new driller male level standards for physical fitness, Admirals, generals,
even those in combat zones or summoned to summoned to
(24:30):
the Big Meeting at Marine based Quantico this week for
a mass assembly and a lecture on how race and
gender in the military, underscoring the extent to which the
country's culture wars have emerged as a front and sender.
Agenda for a headsets PETACON even at a time of
(24:56):
broad national security concerns across the globe. An era of
politically correct, oversensitive don't hurt anyone's feelings, don't hurt their
leadership ends right now at every level. Heg Seth said.
(25:16):
He's loosening disciplinary rules and weakening hazing protections, putting a
heavy focus on removing many of the guardians or the guardrails.
I should say the military has put in place for
numerous scandals, and believe you me, we've had plenty of them.
(25:39):
Heg Seth said. This is not about, for example, preventing
women from serving, but when it comes to any job
that requires physical strength to perform in combat, those standards
must be high and gender neutral. He said. If women
(26:04):
can make it excellent, If not, it is what it is.
And if women cannot qualify for some combat job, so
be it. This is not the intent that it could
be the result. So as all of us can see,
the president is toughening up to the military forces of
(26:24):
the United States and making it less politically correct. Face it,
ladies and gentlemen, if you want a week military unable
to withstand the physical challenges of combat, then we lose
future war. There are plenty of jobs for women in
(26:44):
the military, but they don't have to be front line combat.
Political correctness doesn't work in the real world, no matter
what liberal Democrats keep espousing. If anyone wants to be
protected by a disorganized, politically correct US military, listen to me.
(27:08):
It will be the beginning of the end for the
United States of America. An event the news is that
President Trump Defense Secretary Hegseth, both of them want a stronger,
more effective use US military to defend us and defend
the United States from all all foes. When he wants
(27:34):
us stronger, more effective the US military to defend us
from those foes, foreign and domestic. I might add by
putting the muscle where it is most needed. It requires
the strength, cutting willpower, and determination to succeed in winning
(27:56):
a military campaign. We do not native military that signals
the decline and fall of the American Republic by weakening
it from within. No good purpose is ever served by
having an untrained military force to defend our nation's interest.
(28:18):
It's a time to reconcile the decline of the American
military and put force behind a military capable of winning
future wars. That's really the bottom line, and all at
the left hoile and protest at their own peril. I
(28:40):
believe what Trump is doing everywhere, from enhancing the military
to enforcing the law in crime ridden cities is part
of rebuilding and what will make America great again. Yet
we'll be backward. What's more, right after this.
Speaker 3 (29:04):
We're just trying to turn ankel into a dime.
Speaker 23 (29:07):
That's the bottom line.
Speaker 1 (29:10):
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Speaker 2 (31:08):
We're just trying to turn a nickel into a dime.
That's the bottom line.
Speaker 22 (31:14):
Welcome back, ladies and gentlemen you're listening to that's the
bottom line. You're a weekly broadcast on KOLBI that tells
it like it is well, we've been talking now about
in the last segment the new fitness standards for the
American military, which is certainly something long in coming. But
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(32:20):
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(34:41):
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(35:04):
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(36:12):
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(37:16):
ready to help you, ready to help you get on
with improving things that may really help you have a
more more secure future. I guess the clock on the
wall tells me I have used up my allotted time
on this morning's broadcast, and I want to remind you
now four O nine eight four oh sixty nine hundred.
(37:38):
I want you to listen to this show every week.
That's the bottom line. If you can't listen at six
on Saturdays six am eleven am on Sundays on the radio,
you can always pick up there's the show online if
you log on to save my Retirement dot com or
or one of our one of our websit sites. Any hell.
(38:01):
That's it for this week, and uh, we'll be back
with more right after this, so don't wander off.
Speaker 2 (38:07):
Where're just trying to turn a neckelle in who die?
That's the bottom line. Where're just trying to turn a
necke in who die?
Speaker 23 (38:18):
That's the bottom line.
Speaker 6 (38:34):
Thank you for listening today. That that's the bottom line.
All of our broadcasts are available on demand online at
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(38:55):
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(39:16):
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(41:08):
We're here because we think we can help you retire
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and everyone here at Asset Growth Associates. Remember that you
are greatly blessed and highly favored because as always, that's
the bottom line.
Speaker 3 (41:31):
That's the bottom line.
Speaker 4 (41:34):
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six six seven to eight thirty six ninety seven are
by visiting savemiretirement dot com
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Speaker 2 (01:02):
We're just trying to turn a nechelan do a dime.
That's the bottom line.
Speaker 3 (01:14):
Welcome to real, honest talk about money, politics, news and
information you can actually use. Buggle up and hold on tight.
Speaker 4 (01:23):
This is.
Speaker 5 (01:24):
That's the bottom line.
Speaker 3 (01:29):
The best thing that life. But you can give them
to the bath and be that.
Speaker 4 (01:42):
That's morning, everybody.
Speaker 6 (01:48):
This is that's the bottom line. I'm your host, Jeff
Lewis of ASSEK Word the Associates, along with Geene Valerini.
Thanks for spending part of your weekend with us. Our
top line story this week, it's a shutdown. You want it, well,
it's a shutdown. You got.
Speaker 7 (02:05):
On this vote.
Speaker 8 (02:06):
The a's are forty seven, the nays are fifty three.
Speaker 7 (02:09):
Three fifths of the.
Speaker 9 (02:09):
Senators duly chosen have sworn not having a vote on
the affirmative.
Speaker 10 (02:13):
The motion is not agreed to.
Speaker 6 (02:15):
This week, the Senate failed to pass a continuing resolution
to keep the federal government open, resulting in the shutdown
that went and to effect Wednesday morning. Here's a summary
of the arguments made by Democratic leader Chuck Schumer and
Republican leader John Thune.
Speaker 11 (02:30):
Donald Trump and Republicans have barreled us into a shutdown
because they refuse to protect Americans' health care. It's clear
that the way out of this shutdown is to sit
down and negotiate with Democrats to address the looming health
care crisis that faces tens of millions of American families.
(02:51):
Democrats want to avert this crisis, but Republicans tried to
bully us, and it's clear they can't they don't have
the votes. The way out of this is for Republicans
to finally roll up their sleeves and get to work.
Speaker 12 (03:06):
Miss President. Democrats are well aware of the damage of
a government shutdown. We've heard it from them time and
time again, but apparently none of that matters to Democrats today.
All that seems to matter is that they're far left.
Base sees them fighting against President Trump, and the American
people just have to suffer the consequences. Miss Present, We
(03:29):
can end this today. There is a clean, non partisan
continuing resolution at the desk. It has no partisan policy writers,
no new Republican policies. It just keeps the government running
until November the twenty first.
Speaker 6 (03:46):
Basically, the issue is this. The Republicans proposed a clean resolution,
no writer or anything, just a continuance of spending through
the next two months to keep the lights on. The Democrats,
like by Chuck Schumer, weren't having it. Instead, they decided
to make a stand for what they consider to be
critical health care spending on medicaid in reality, though the
(04:07):
real world is far more complex than this. The Democrats
are trying to score political points with their base and
some martial independent voters by shutting the government down while
framing it as the Republican's fault, because well, this tactic
usually works, and the GOP normally doesn't message very well
on this kind of issue in the past. But the
(04:28):
President himself has made it clear he doesn't want the
government shut down, and he's willing to make the Democrats
pay for doing this.
Speaker 1 (04:37):
Shutting it down.
Speaker 13 (04:38):
We're not shutting it down. We don't want it to
shut down because we have the greatest period of time ever.
I tell you, we have seventeen trillion dollars being invested.
So the last person that wants to shut down is us. Now,
with that being said, we can do things during the
shutdown that are irreversible, that are bad for them and
irreversible by them, like cutting vast numbers of people out,
(04:59):
cutting things that they like, cutting programs.
Speaker 14 (05:01):
That they like.
Speaker 13 (05:02):
We can cut large numbers of people. We don't want
to do that, but we don't want fraud, waste, and abuse,
and you know we're cutting that. But they want to
have illegal aliens come into our country and get massive
health care at the court to everybody else and we
don't have it. And that's I would say, the number
one reason that they want to strike is to get
(05:24):
illegal immigrants health care.
Speaker 6 (05:26):
Now, House Minority Leader Hakeem Jeffries disputes that back, saying
that it's already against the law for illegals to use
federal health care benefits. Yeah, dude, that's the whole point.
Speaker 15 (05:38):
But whatever, Donald Trump and Republicans have shut the government
down because they don't want to provide health care to
working class Americans. Federal law prohibits the use of Medicare, Medicaid,
the Children's Health Insurance Program, and the Affordable Care Act
to provide health insurance in any way, shape or form
(06:00):
two undocumented immigrants, period, full stop. That's the law.
Speaker 6 (06:04):
And Democrats, Oh yeah, then why the hell is it happening.
According to Whitehouse dot gov, the administration claims one point
for a million illegal immigrants nationwide draw Medicaid benefits. As
of right now, seven states already allow for state funded
coverage of adults regardless of immigration status. California, Colorado, Oregon, Washington, Illinois, Minnesota,
(06:31):
and hikeem Jeffreys' home state of New York Maryland allows
illegal immigrants to purchase health care exchange plans without subsidies.
Now you tell me that these states aren't also getting
additional federal support. Hogwash. The truth is there's another dynamic
at play. This isn't about healthcare. The Democratic leadership took
(06:52):
a political hit from their face a few months ago
when they kept the government open. So now Schumer and
Jeffreys are exposed politic do they cave to their base
or do they keep the government open? The ever sour
Don Lemon summarizes their predicament.
Speaker 16 (07:09):
The base of the Democratic Party wants the Democrats to
fight back.
Speaker 3 (07:12):
This is fight at the end.
Speaker 16 (07:13):
Yeah, they wanted to fight to the end. This is
kind of a fight for the soul of the Democratic Party.
So I think that they're going to They're between a
rock and hard place on that part of it. Whether
they come up with some sort of compromise or maybe
ten days that Chuck Schumer was saying, or whether they
just say shut it down. That's going to be a
tough one for the dimmer.
Speaker 3 (07:29):
Yes, yeah, I hear you on that.
Speaker 6 (07:30):
Yeah, yeah, See, it's not about healthcare at all. The
Democratic base needs energy ahead of nix year's midterms, and
this is what they came up with, generated based off
of what happened last time around. Plus, Chucky Schumer is
sweating in his boots about a primary challenge from AOC
for his New York Senate seat and is trying to
rally the wagons. It's basically common knowledge now, even though
(07:53):
the main players deny it, and there's still the possibility
she's running for president not Senate. But Chuck is right
to be scared, and AOC is not doing anything to
tamp down the rumors. Chris Hayes on MSNBC asked her
about it directly on Wednesday.
Speaker 17 (08:09):
Let me ask you this. There are some people I
have seen who have the following theory of why we
why Senate Democrats have not cut a deal where they
give eight votes and you know, move, move along. And
that is that Chuck Schumer is worried about a primary
challenge from you and is worried about the politics to
his left flank, and so because of that worry about
(08:30):
a primary challenge, he's going to shut down the government. Ergo,
it is AOC's fault that the government's shutting down, or
that you're somehow the kind of full crumb of this.
And I want to just ask you straight up, like,
are you planning to primary challenge him? Do you think
that's why he's doing this?
Speaker 7 (08:46):
This is so not about me in this moment. This
is about people being able to ensure their children. And
I will say because I saw some senators speculating about this,
and I saw some Republican members of Congress saying, oh, well,
if we have this shutdown, it's because of AOC. Well,
(09:07):
if that's the case, my office is open and you
are free to walk in and negotiate with me directly.
Speaker 6 (09:14):
Well, she didn't exactly deny it, did she. She may
sound like she's speaking rhetorically, but I don't think for
a minute she's not relishing the prospect that some Republican's
doing just that she wants to be seen as a
key leader within the party, even if other leaders like
Pelosi are covering for her.
Speaker 3 (09:31):
She is she driving that.
Speaker 18 (09:32):
Why are you saying such a ridiculous thing.
Speaker 11 (09:34):
I'm just quoting what AOC said.
Speaker 18 (09:36):
She said, go to her office directly. Do you think
there's any credibility to that? Directing this she's wonderful, she's
a real a team player, and the rest of that
are You start by saying Republicans saying that she's directing this.
She is not how came.
Speaker 6 (09:52):
Jeffries is more on what this means when we return
back after this, We're.
Speaker 2 (09:58):
Just trying to turn anckle in through dial. That's the
bottom line.
Speaker 1 (10:04):
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Speaker 19 (11:02):
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Speaker 14 (11:49):
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Speaker 19 (12:00):
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Speaker 1 (12:05):
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Speaker 3 (13:34):
We're just trying to turn a nickel in to what time.
Speaker 5 (13:38):
That's the bottom line?
Speaker 4 (13:55):
Can even We're back with that the bottom line.
Speaker 6 (14:11):
I'm Jeff Lewis. When we left off, we were listening
to Democrats defend their position on the shutdown. There's a
superficial claim that this is about healthcare, notwithstanding quotes are
scrutiny shows us this is really about a power struggle
within the Democratic leadership. That's why, as we heard before
we went to break, Nancy Pelosi was so adamant on
deflecting away from AOC and back towards Hakeem Jeffries. Pelosi
(14:35):
doesn't want AOC looking like she's running things because Pelosi
wants her friend and Governor Gavin Newsom to be the
next president. Now the guy I really believe does need
to be the next president. Jd Vance spoke at a
press conference about the shutdown and on healthcare. Here. He
is quick to delineate that the shutdown in healthcare are
two very separate issues that the administration is willing to
(14:57):
talk about.
Speaker 9 (14:58):
What we've said to the Democrats is that we're willing
to have a conversation about how to ensure that Americans
continue to have access to healthcare, and frankly, they should
have access to better health care at a lower costs.
We inherited a mess of healthcare systems in the Biden administration.
It's why the President has worked so hard on the
Most Favored Nation status for prescription drugs. It's why we
(15:18):
care so much about lowering the costs of prescriptions and
why we're doing everything else. We're willing to have that conversation,
but I think it's important to bracket the healthcare policy
conversation because it's separate from the government shutdown. We think
that we can open the government and then have the
conversation about what best health care policy to fit the
needs of the American people. That's all we're trying to do.
(15:39):
That's all we're trying to accomplish. We've got to reopen
the government.
Speaker 4 (15:41):
First.
Speaker 6 (15:42):
Notice that Vance talks about health care, but that he
flat out rejects the notion that the issue is somehow
linked to the government functioning. Do you want to talk
about healthcare Democrats? Fine, come back to work now. This
was the end of a response to a question asked
by RCP White House course Phil Wegman to the Vice
President about President Trump's comments that we aired in the
(16:05):
first segment. We include them again partially here, But notice
that the premise of the question is twofold. That the
media consensus is both that the shutdown is the Democratic's
fault and actually a political opportunity for the Republicans.
Speaker 20 (16:21):
You laid out a lot of the pain and problems
that would come with a democratic shutdown, and yet in
the Oval Office yesterday, the President said that a lot
of could could come from a shutdown.
Speaker 13 (16:32):
We can do things during the shutdown that are irreversible,
that are bad for them and irreversible by them, trim
the budget to a level that you couldn't do any
other way.
Speaker 20 (16:42):
So square that circle is, which is a Democratic caused
crisis or a Republican opportunity for reform.
Speaker 9 (16:50):
Well, I think all the President is saying, phil is
that he wants to make sure the American people's government
functions as well as it can despite the fact that
we're in a shutdown. We're going to have to make
things work, and that means that we're going to have
to triash some certain things. That means certain people are
going to have to get laid off, and we're going
to try to make sure that the American people suffer
as little as possible from the shutdown. That's what the
President is saying, is that, yes, this is a bad thing.
(17:12):
Obviously the President is trying to reopen the government, but
we're going to make things work as well as we
possibly gain.
Speaker 6 (17:17):
The Vice President went on to excoriate the Democratic position.
Notice that it's fans out here giving this presentation, not
President Trump that should tell you about the future this
administration has planned for the Vice president. Listen to how
well he frames the Republican response to the Democrats shutting
down the government.
Speaker 19 (17:35):
It's number one.
Speaker 9 (17:36):
Democrats say that they care a lot about lowering health
care costs, and yet when the President took historic action
to work with the drug companies to lower prescription drug prices,
the Democrats did nothing to help us. In fact, we
would have loved to have the Democrats helping.
Speaker 15 (17:50):
Us, but they didn't.
Speaker 9 (17:51):
They talk about doing something, they don't actually do the
hard work of making it happen. What they have done
instead is to shut down the government because we won't
give billions of dollars to health care funding for illegal aliens.
Speaker 3 (18:02):
That is what has actually happened.
Speaker 9 (18:04):
To the American people who are watching. The reason your
government is shut down at this very minute is because
despite the fact that the overwhelming majority of Congressional Republicans
and even a few moderate Democrats supported opening the government,
the Chuck Schumer, AOC wing of the Democratic Party, shut
down the government because they said to us, we will
open the government, but only if you give billions of
(18:25):
dollars of funding for health care for illegal aliens.
Speaker 6 (18:28):
That's yeah, it is ridiculous. But Democrats stopped the sanity
charade years ago. But as Vice President Vance explains again,
it was never really about health care. Here, he directly
calls out Chuck Schumer for acting purely out of political desperation.
Speaker 9 (18:43):
I think a lot of Americans are asking themselves why
did this happen? Why did the Democrats shut down the
government despite, as Caroline said, voting on the exact same
piece of legislation six months ago. And there are a
lot of different spins that we can put on it,
a lot of different answers that we could give all
of them. True, one answer I already gave is that
they want to give health care benefits to illegal aliens.
Speaker 3 (19:02):
That is true.
Speaker 9 (19:03):
They gave us legislative text that would have undone us
cutting off health care benefits for illegal aliens. That's one
of the things that they asked for. But the reality here,
and let's be honest about the politics, is that Chuck
Schumer is terrified she's going to get a primary challenge
from Alexandria Ocassia Cortez. The reason why the American People's
(19:23):
government is shut down is because Chuck Schumer is listening
to the far left radicals in his own party because
he's terrified of a primary challenge. So I'd invite Chuck
Schumer to join the moderate Democrats in fifty two Senate
Republicans do the right thing, open up the People's government,
and then let's fix health care policy for the American people.
Speaker 6 (19:43):
Despite the leadership being shown by Trump and Vance in
refusing to be held hostage by the Democratic demands, it
seems that Schumer and the liberal Democrats are dedicated to
going down this road. They're putting their own political futures
ahead of the country. But that's nothing new. Question is
how does this all play out with the American people.
(20:04):
Will they hold Democrats to account or will they drink
the kool aid being offered by the legacy media networks.
The RCAP podcast discusses it here.
Speaker 21 (20:13):
It does seem like Republicans have the upper hand in
the messaging wars.
Speaker 3 (20:17):
Democrats just need to.
Speaker 21 (20:19):
They are unified and keeping preventing this bill from going
to the President's desk, and so they are the obstacle
to keeping the government open. I think that's pretty pretty
plain and clear to everybody.
Speaker 8 (20:29):
Well, it should be clear to everybody, Tom, but it isn't.
And the polling shows that more people blame slightly more
blame Republicans than Democrats. And I was curious about why
that is. My inbox was filled with dozens of emails
today in identical language. The DNC, all the Democratic leaders,
(20:49):
democratic candidates for Congress, the Republicans shutdown. I mean, it's arwelliant.
The Republicans have a bill to keep the government going.
Democrats vote against it while breaking boasting that they're doing
this to protect Medicare and the vulnerable people from healthcare.
Democrats want it both ways. They say we're doing this
(21:09):
on principle, shutting the government down to protect these healthcare subjecties,
and then turn around say, but the Republicans shut it down.
Speaker 6 (21:16):
And despite all the drama, what's really being shut down. Honestly,
a lot of government agencies are still open.
Speaker 10 (21:22):
The Post Office is open, the VA, the IRS, the
National Parks, the Smithsonian student loan billing, so the bills
are going out. Social Security is open, the FAA. Anyway,
you get the idea. It's possible, or is it possible
that what makes this government shut down different is that
the government is largely operating as per normal.
Speaker 6 (21:45):
So it sounds like, if you want to visit Yellowstone
National Park, it's still going to be open. If you
want to go on vacation, all the parks will still
be there. If you're drawing Social Security, still going to
get your check. I'm sure we'll survive. Jean's here after this.
Speaker 3 (22:00):
Turn a neickel into a dive.
Speaker 2 (22:02):
That's the bottom line. We're just trying to turn a
nickel into a dime. That's the bottom line.
Speaker 22 (22:15):
Welcome back, everyone, Welcome to this edition of That's the
bottom line. And what we referred to is today's dirty
little secret. New fitness standards were ordered by Secretary of
War Pete hegseth as to new standards for American military,
(22:38):
including the top Brass, and what they're saying is the
top Brass isn't too happy about it. Some of those
shadow generals probably prefer not to get in shape, but
who knows. Additionally, no more beards permitted on the faces
of military officers, and there is an exception for Navy seals.
(23:03):
President Trump announced new requirements for top US officers in
the US military this week, and it's the beginning of
new physical fitness standards for members of the US military,
but more especially the nation's top generals and admirals. Physical
(23:24):
fitness requirements will be required among the top members of
the military and also the privates, So they're going from
privates up to the generals and semen up to the admirals.
Leading the new orders as Secretary of War Pete Hegseth,
(23:45):
as President Trump plans new standards for America's brass along
with common enlisted men in more simple terms, ladies and gentlemen.
Secretary of War Pete Hexson has declared an end to
political correctness, and so has Donald Trump. Within the branches
(24:09):
of the US military, Hexath announced new directives for troops
that include general new driller male level standards for physical fitness, Admirals, generals,
even those in combat zones or summoned to summoned to
(24:30):
the Big Meeting at Marine based Quantico this week for
a mass assembly and a lecture on how race and
gender in the military, underscoring the extent to which the
country's culture wars have emerged as a front and sender.
Agenda for a headsets PETACON even at a time of
(24:56):
broad national security concerns across the globe. An era of
politically correct, oversensitive don't hurt anyone's feelings, don't hurt their
leadership ends right now at every level. Heg Seth said.
(25:16):
He's loosening disciplinary rules and weakening hazing protections, putting a
heavy focus on removing many of the guardians or the guardrails.
I should say the military has put in place for
numerous scandals, and believe you me, we've had plenty of them.
(25:39):
Heg Seth said. This is not about, for example, preventing
women from serving, but when it comes to any job
that requires physical strength to perform in combat, those standards
must be high and gender neutral. He said. If women
(26:04):
can make it excellent, If not, it is what it is.
And if women cannot qualify for some combat job, so
be it. This is not the intent that it could
be the result. So as all of us can see,
the president is toughening up to the military forces of
(26:24):
the United States and making it less politically correct. Face it,
ladies and gentlemen, if you want a week military unable
to withstand the physical challenges of combat, then we lose
future war. There are plenty of jobs for women in
(26:44):
the military, but they don't have to be front line combat.
Political correctness doesn't work in the real world, no matter
what liberal Democrats keep espousing. If anyone wants to be
protected by a disorganized, politically correct US military, listen to me.
(27:08):
It will be the beginning of the end for the
United States of America. An event the news is that
President Trump Defense Secretary Hegseth, both of them want a stronger,
more effective use US military to defend us and defend
the United States from all all foes. When he wants
(27:34):
us stronger, more effective the US military to defend us
from those foes, foreign and domestic. I might add by
putting the muscle where it is most needed. It requires
the strength, cutting willpower, and determination to succeed in winning
(27:56):
a military campaign. We do not native military that signals
the decline and fall of the American Republic by weakening
it from within. No good purpose is ever served by
having an untrained military force to defend our nation's interest.
(28:18):
It's a time to reconcile the decline of the American
military and put force behind a military capable of winning
future wars. That's really the bottom line, and all at
the left hoile and protest at their own peril. I
(28:40):
believe what Trump is doing everywhere, from enhancing the military
to enforcing the law in crime ridden cities is part
of rebuilding and what will make America great again. Yet
we'll be backward. What's more, right after this.
Speaker 3 (29:04):
We're just trying to turn ankel into a dime.
Speaker 23 (29:07):
That's the bottom line.
Speaker 1 (29:10):
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(29:32):
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Speaker 6 (30:15):
Are you tired of watching your investments rise and fall
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is Jeff Lewis with Asset Growth Associates. If this sounds interesting,
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Speaker 2 (31:08):
We're just trying to turn a nickel into a dime.
That's the bottom line.
Speaker 22 (31:14):
Welcome back, ladies and gentlemen you're listening to that's the
bottom line. You're a weekly broadcast on KOLBI that tells
it like it is well, we've been talking now about
in the last segment the new fitness standards for the
American military, which is certainly something long in coming. But
(31:35):
for decades now, when we're not talking about standards, we're
talking about our country and this broadcast, we always want
to present to you a solution, a solution that tells
you what's going on. For decades now, we've been able
to help our clients get market returns without taking on
(31:58):
market risk when you using principal protection accounts. We do
it all when it comes to helping our clients put
money in the stock market. But we can also help
our clients gain market returns without exposing them to market.
To clients, now, I've told you this before and I'm
(32:20):
going to tell you again. To do this, we use
insured products that gather in gains without exposing those gains
to shrinkage or losses caused by market downturns. And you
know we have them all the time, up one day,
down the next, or up one week and down the next.
Kind of spinning your wheels on ice, isn't it. Well?
(32:43):
The plans accumulate, These plans that I talk to you
every week have been telling you about for decades now,
the plans accumulate over time, are available for withdrawals, and
do all the things a nest stay supposed to do,
and that is to accumulate your earnings and prevent shrinkage
(33:07):
caused by market downturns. I'll listen to me. I guess
there's no perfect planned, but really there is. If you
want to accumulate money for future use or allow your
four way four I'm sorry four oh one ky money
or ira to grow without fear of loss caused by
one of those nasty downturns, you know you can always
(33:30):
move some of your money. Most of you can your
vested amounts and pre retirement accounts and put them into
principal protection. And then by the time you really retire,
you won't have to worry about another downturn on Wall Street.
Here's what you have to do, though. You have to
call us at Asset Growth Associates the local phone number
(33:52):
four oh nine eight four oh sixty nine hundred. If
you live in far away places, use the long distance
line one eight sixty six seven two eight three six
nine seven. You call us an Asset Growth Associates, schedule
a time to visit with us, and learn more about
the work we do for our clients that Asset Growth Associates.
(34:17):
You know it costs nothing to come in and talk
to us to learn more or see if using principal
protection will help you accomplish accumulating money for future use,
especially after retirement, when these plans will help you meet
your expenses or assist you in retiring early, or you
(34:41):
may still be young enough to enjoy having an income
plan allowing you to enjoy life as a retirement sooner
rather than later. Can any event these plans do these
things without causing more difficulties after retirement orvertic better yet
being able to require sooner rather than later. Now you've
(35:04):
heard me talk about these plans for decades out on
this weekly broadcast, and with the Good Lord's help, I
hope I can continue to do it for the future.
For the foreseeable future. Life can be challenging at times,
but having available money in a nest egg will help
much more than you think. As time passes. Trust me,
(35:27):
ladies and gentlemen, it passes fasters the years go by,
and I'm sure many of you could agree with me
on that. But having a dependable nest day for future
use makes a lot more sense than one where you
have to pitch pennies as time slips by. Here's what
I want you to do. Just come in and talk
(35:49):
to us, find out what we do. Just call us
an Asset Growth Associates. The phone number again four oh
nine eight, four oh sixty nine hundred long distance one
eight six six seventy eight three six nine seven. What
you call us a schedule a time for you to
come in and visit with us, and we can help
(36:12):
you simplify your financial life. You know, life is challenging
at all stages. I think in any event, we offer
plans at Asset Growth Associates which are designed to grow
over time and to do so without losing value during
market downturns. When the market goes down in one of
(36:35):
these accounts, you stay put. When the market comes up.
You don't have to make up for lost time. You
just pick up from where you're at and you're well
ahead of the game. So if deferring taxes and growing
an estate is something you'd like to know more about,
why not just give us a ring call Asset Growth Associates.
(36:55):
Let me give you those phone numbers again, four oh
nine eight, four oh sixty nine hundred long distance one
eight six six seven two eight three six nine seven
call either one of those numbers, set a time to
meet with us at Asset Growth Associates, because we're here
(37:16):
ready to help you, ready to help you get on
with improving things that may really help you have a
more more secure future. I guess the clock on the
wall tells me I have used up my allotted time
on this morning's broadcast, and I want to remind you
now four O nine eight four oh sixty nine hundred.
(37:38):
I want you to listen to this show every week.
That's the bottom line. If you can't listen at six
on Saturdays six am eleven am on Sundays on the radio,
you can always pick up there's the show online if
you log on to save my Retirement dot com or
or one of our one of our websit sites. Any hell.
(38:01):
That's it for this week, and uh, we'll be back
with more right after this, so don't wander off.
Speaker 2 (38:07):
Where're just trying to turn a neckelle in who die?
That's the bottom line. Where're just trying to turn a
necke in who die?
Speaker 23 (38:18):
That's the bottom line.
Speaker 6 (38:34):
Thank you for listening today. That that's the bottom line.
All of our broadcasts are available on demand online at
savemy retirement dot com or just go to your iHeartRadio
app and search for it. That's the bottom line under
the podcast tad and remember to add us the favorites.
We're on Facebook at Jeff Lewis. That's the bottom line.
(38:55):
Search for us name and show and follow us for
all of the latest updates. If if you want to
schedule an appointment with us, call our office toll free
at eight sixty six Save my Retirement. Our physical address
in Bealmont is at thirteen ninety one Calder Avenue, a
block from the intersection of MLK and Calder. Got Medicare questions.
(39:16):
It's that time of year again, so if you want
help in determining what healthcare plan is right for you,
call us to evaluate your coverage. It's free, won't charge
you a dime. Are you worried about paying higher taxes
as you get older? Would you'd like to not pay
taxes at all on your retirement income, then maybe it's
time to get rothicized. By converting your traditional IRA into
(39:39):
a roth ira, you can pay taxes now instead of later.
It makes more sense to pay taxes on the seed
rather than the crop. Roth iras let you harvest your
money tax free. So let's see if a conversion makes
sense to you. And if you're interested in increasing your
retirement income, come talk with us about our covered call
ETF shtrap. These exchange traded funds base their values off
(40:03):
of underlying equity positions in big time companies like Nvidia
and Apple. But even though these companies don't usually pay
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want to give up capital if you don't have to,
so why not let your money work for you. Our
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proprietary portfolio builder can customize a plan based off of
your income needs, whether it's for your overall budget for
real estate, or even to protect against rising medical costs. Now,
if you are close to retirement and are more interested
in keeping your money safe, you're probably a good candidate
for a principle protect strategy where you can get market
(40:46):
linked rates of return with zero risk to your principle.
We generally recommend these as at least a portion of
a diversified portfolio. This is why people more than ever
are choosing Asset Growth Associates. We've got the experience and
name you can trust. We know how to handle your
money consistently, safely, and always with your best interests in mind.
(41:08):
We're here because we think we can help you retire
stronger than anywhere else. I'm Jeff Lewis for Geen Valerani
and everyone here at Asset Growth Associates. Remember that you
are greatly blessed and highly favored because as always, that's
the bottom line.
Speaker 3 (41:31):
That's the bottom line.
Speaker 4 (41:34):
You can reach Asset Growth Associates by calling one eight
six six seven to eight thirty six ninety seven are
by visiting savemiretirement dot com
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