Trump Blasts China and China Blasts Back, Adding a Threat, David Cay Johnston Joins 4/8/25

Episode Transcript
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Speaker 1 (00:00):
Thank you all. Such a pleasure to be with you.
It's our Tuesday show, which brings in David K. Johnston,
big Public Surprize winner. In hour two. Kim is here. Yes,
are you Kim? We were worried about she was m
I A for a few minutes. Today. She's usually incredibly punctual,
but today she was very late. She tells us that

(00:23):
she's very late because she was rescuing her son from
the surf again. I mean, it's amazing, another brush with death.
That kid just cannot stay out of the surf and
his mom has to jump in and rescue him all
the time. I don't know, I don't know. Anyway, Kim
is here, and Tony is here. It's Tony say, where's

(00:43):
the beginning? That that sounds like an eight there at first. Anyway,
it is great to have my my my Tony with me,
and my Kim with me, and all of you here
as well. Quite a lot to do, I mean, you know,
it's in times, everybody, and why wouldn't I want to
spend ten times with my with my people. Yeah, loving you.

(01:07):
We will break down a bit of what's happening with
our mad King presidency and where this nation is headed
and the rest of the world, and we'll do it
right away. I also will mention that Tony brought to
my attention the update on Mark's madness, which continues, and
Mark's madness brought together a one really close race yesterday

(01:30):
and then one walkover race yesterday. So yesterday again, this
is just yesterday. Wild idea and love it when you're angry.
Took on each other the wild idea. It's a wild idea,
and love it when you're angry. Well, it was a
walkover wild idea. Moves on to the next round. These

(01:54):
various rounds pit different drops from our show against each other,
and you just don't get it. And any bity bit
of weed is that for today, Tony? Or is that yesterday?
That was yesterday? Okay, you just don't get it. I
just don't get it.

Speaker 2 (02:11):
You don't.

Speaker 1 (02:11):
And that went up against any bitty bit of weed.
I thought any bitty bit of weed was gonna move on,
but it did not. It is just don't get it.
Did you have that, Kim, just don't get it moving on?

Speaker 3 (02:22):
I think I did. Any bitty bit of weed?

Speaker 1 (02:24):
Yeah, I think that was the call I made to
people like their I just assumed it would, but no,
you just don't get it. Just moving on to yeah, exactly,
doctor Evil. So today Mark's madness. Yes, we we move
on with two others. Let's make it happen. You'll vote

(02:47):
until midnight Pacific time for you there.

Speaker 3 (02:50):
I do not know what you were talking about, or a.

Speaker 1 (02:54):
Girl baby girl, don't eat again. You'll vote for you there,
do not know what you are talking about, or you'll
vote for girl girl. It's a classic matchup again till
midnight tonight. Again if you're on the East coast, that's
three am. You have to vote, vote early, vote every hour,

(03:17):
vote often. I don't know if you can vote multiple times.
I'm guessing you can. The voting system is probably pretty loose.
It's pretty it. Yeah, yeah right, I'm not depending on
but you know, if you've voted a few times, yeah exactly.
If you're that vested into it, then good for you. Look,

(03:42):
there's a lot going on, and we'll we'll review a
little bit of what happened after we went off the
air yesterday, and then a little bit of what is
happening now as the entire economy of the US and
the world is changing. Although it's interesting because there is
a well, let's get into it, so Mark Thompson, there's

(04:04):
all sorts of stuff happening. I almost don't know whether
to start with the economy or whether to start with
some of the legal judgments. I'm going to put the
legal judgments. The Supreme Court, as you know, on a
jurisdictional basis, at least in the interim made an emergency

(04:25):
decision John Roberts did that allows the Trump administration more
time to let that kid, Frankly die, I think in
the Venezuelan prison, among those Venezuelans in the El Salvador
in prison. I want to park some of that to
the second hour because David K. Johnson is such an

(04:47):
expert on the law and he can speak to this
and some of the other stuff that's happening with Scotus.
But just to mention, it is on our radar and
we will get to it. By the way, Jaguar and
land Rover they are now no longer shipping to the
United States. They are trying to figure out in this

(05:07):
post tariff world what they're going to do. And it's
one more sign that the economy is going to radically change.
Not just the economy of the US, but the economy
of the world. Although it's interesting. I'm going to play
you a play me the the Krugman stuff if you will, Tony.
That's no, not that one. The second one that I

(05:30):
sent you this morning. Paul Krugman, who's an award winning
economist and columnists for The New York Times, Princeton professor.
He was talking about what's happening now, and I'm going
to play you a little bit of a longer got
That's one of the things I like about this show.
We can let things go a little bit more than
we could have on commercial radio, where this show began.

(05:53):
And the reason I like this extended cut is that
Krugman actually addresses some of the fallacies, I'll say, some
of the falsehoods, some of the rationales that have accompanied
this absolutely absurdist tariff policy. You know, there's this reverse

(06:17):
engineering where Maga and a lot of those who are
the supplicants to Trump, they are the Trump loyalists, they
have to explain and defend what the mad King is doing.
And in that you hear all of these rationales. For
while he's resetting the world economy, which it needed to reset,
he's resetting it with America in charge, and of course

(06:41):
America already has the leading economy in the world. You
don't need a reset on that. I mean, you inherited
the best economy in the world and you are setting
it a blaze. So I like that. Krugman addresses some
of that in this longer cut. Let's give a listen.

Speaker 4 (07:00):
This is really really bad. I mean you want to say,
this is we're talking about, if you know, assuming the
Rose Garden, anything like what Trump announced in the Rose
Garden is actually going to be where we land. We're
talking about tariffs that are significantly higher than Smooth Holy
and of course starting from very low. So this huge

(07:22):
jump in tariff rates with a US economy that's three
times as open to international trade as it was in
nineteen thirty so this makes Smooth Holy look like a
rounding error.

Speaker 1 (07:31):
And it's so that's really bad.

Speaker 4 (07:35):
And it's also it's highly uncertain. Never had a situation
where really you have no idea but within you know,
like twenty points where the tariff average paraphrate's going to
be a few months from now. So this creates an
impossible environment for business. It's it's hard to imagine a

(07:55):
worse trade policy than what we're getting in.

Speaker 5 (07:57):
The cacophony Paul group, we have nations acting. Last night
at nine point fifteen, I picked up my phone and
there was China acting.

Speaker 6 (08:07):
China just says no.

Speaker 5 (08:09):
Trump lives on negotiation, folks. Bloomberg's Tim O'Brien owns a
high ground on this.

Speaker 6 (08:15):
He lives on negotiation.

Speaker 5 (08:17):
John Bolton, writing in The Telegraph, says he lives on negotiation.
If the Chinese don't negotiate, what happens to Paul Krugman's
trade economy?

Speaker 4 (08:27):
Oh? I mean at the starting point here again, is
that negotiate about what now China you could conceivably have
some China is not a free trade economy, and you
know they might be able to make some concessions, but
they ain't gonna. Their back is up and they have

(08:48):
a national pride and their economy by some measures, is
as big as ours or bigger, So you don't want
to They're not from moving and the other players. I
mean think about the Europeans, or had an average tariff
of about one point seven percent on US good has
still about one point seven percent on US goods. What

(09:08):
can they give? What concessions can they make. It's not
as if Trump is, you know, is asking them to
do something, because asking them to remedy some real sin,
He's sort of made up a story about how he
must be doing something wrong. But they aren't actually, and
so they even if he wants concessions, they can't give them.

Speaker 7 (09:28):
Professor, I think one, if we just step back a
little bit, one of the I think the basis of
the Trump administration tariff policy is that they're trying to
reorder the world economic order. Is there something fundamentally broken
about the world economic order that disadvantages the US?

Speaker 4 (09:49):
Actually no, I mean, when all is said and done,
it's yeah, the US runs an overall trade deficit, but
that's mostly because you know, the balance of payments always balances.
If you attract inflow so foreign capital, then the math
says that you have to have a trade deficit. That's
the I know Mathemats has a progressive bias, but still
that's what the math says. And the US is an

(10:11):
attractive place when invest or was until you know now,
so the idea that there's something fundamentally wrong just doesn't
make sense.

Speaker 1 (10:21):
And it's worse.

Speaker 4 (10:21):
I mean that Trump Trump and his people think not
only that the US shouldn't run a trade deficit, but
that we shouldn't run a trade deficit with any country.
That everything should be bilateral balance trade, which is just crazy.
I mean, you know, if you think about people, if
you work, if you work for somebody else, well you

(10:43):
run a surplus with that person because they pay you
and you probably don't spend much of your income on
their products. On the other hand, you run a bilateral
deficit with your supermarket because you buy from them and
they don't buy stuff from you. And so you know,
the same applies to country. So it just creates and
I don't know, I think all of this stuff about

(11:05):
remaking the international order is window dressing. It's the fundamental
thing is Trump wants terriffs, and then everything else is
people trying to explain why, you know, reckconning explanations of
why he wants terraffs.

Speaker 5 (11:17):
Jason Furman in the Ft this morning, really writing up
this complete focus on getting tariffs in to go back
to the fifties, the thirties.

Speaker 1 (11:26):
Or maybe nineteen oh five.

Speaker 5 (11:27):
We welcome Paul Krugman.

Speaker 1 (11:29):
That's right, Thank you, Tony, thank you for that. So
in that longer cut which I'm really glad that you
could experience and take in. You could hear Krugman address
the insanity of what we're dealing with economically, and then
address the equal insanity that is assigned to explaining sort
of reordering the world economic balance, which doesn't need to

(11:55):
be reordered. I mean, you took over the dominant economic
party when you took over America, Donald Trump. Yeah, in
the world of economics, just looking at the economics of
the globe, you took over the head of the parade.
You're doing fine. Don't touch anything might have been good advice.

(12:18):
Instead you have the insanity. And then I'm glad that
they mentioned it at the end. But Trump is insistent
on shoehorning in these tariffs, and they're not even calibrated
or computed in any way that makes sense. It is
utter lunacy. Now, what was the cut I sent you yesterday, Tony,
I sent you a cut I thought with a trader

(12:42):
who was kind of lose. Here it is. Yeah, this
is in the middle of some of the madness from yesterday.

Speaker 8 (12:47):
Go ahead, But now let's forget rumors. Now we have
a fact. Donald Trump says he's going to increase by
fifty percent the tariffs on China tomorrow because they've had
the temerity to retaliate with the thirty four percent tip
for tat that they did. So you on a trade war.

(13:09):
This is what it looks like. And you remember Scott
Beason's words, it doesn't have there doesn't have to be
a recession, by the way, all the rest, all the rest,
Howard Latnik's comments, the Economic advisors comments, Navarro's comments, that's
all just hyperbole. That's all just basically, it's gonna be great.

(13:32):
It's gonna be marvelous. It's gonna be fantastic, it's gonna
be wonderful. It's gonna boom, it's gonna but this is
the reality. And at some point, ladies and gentlemen, at
some point there is so much disruption that the market
simply can't take it and jobs go, investments stops, the
recession happens.

Speaker 1 (13:52):
So good times. Thank you for that. So those are
the realities I'm playing. You cut from leading economists, one
of whom won the Nobel Prize, and that's Krugman who
you heard from. And I will take care of a
little bit of extended business right now, because this happened yesterday,

(14:12):
and I just saw it again in the chat, and
so here you go, Mars, Maga, Mars, I want to
talk to you for a moment. And you say, saying
we have the greatest economy ever before is like saying
Biden was fit and capable when he clearly wasn't. We
did have the greatest economy in the world. We were
the leading economist leading economy in the world, and you

(14:33):
just heard multiple economists refer to that fact. That is
the fact. I also think it's the fact that Biden
was an older man diminished. He was an absolute to
train wreck in that debate. So I think that that
is a reasonable point. But the fact that you've conflated
the two, that you've put the two together in a
comment is just you trolling. Okay, So that's you saying

(14:56):
saying we have the greatest economy ever before is like
saying Biden was fitting capable and he clearly wasn't. Is
you smearing what I had said and what multiple Pulletzer
Prize winning and Nobel Prize winning economists Krugman when the
Pulitzer as well. So you're just wrong. But it's a
chance for you to shit on Biden. Which is what

(15:17):
you did, which I don't mind. I mean, I don't
mind you disparaging Biden particularly, but I think you have
done it in a way that you're trying to suggest
that the facts that are clearly in evidence aren't in evidence.
And for that reason, I am red carding you, and
I'm sick of your shit, and I want you off
of this channel. Go hassle somebody else. Go troll somebody else.
You're not a supporter of this channel, you're not a

(15:38):
Patreon supporter, you're not a PayPal supporter. You don't deserve
the kind of airtime that we give you. And I'm
done with you, and I don't want to see you
on here again. I'm through, okay, Kim. I want him
red carded off of the channel. Okay. I work really
hard on this channel. We are doing all we can
to sustain ourselves right now, and I won't be trolled

(15:58):
repeatedly by a I who really just wants to throw
us off the scent. I'm through with it, all right.
Thank you. The Mark Thompson Show, it was great. I
love it.

Speaker 4 (16:14):
How would you have this?

Speaker 1 (16:15):
We could try ignore.

Speaker 4 (16:16):
This, sir, mining You cannot say you love your country
where are my weed smokers at Stay at home and
get baked.

Speaker 1 (16:26):
I feel better, I do. I feel better. I am
done high Mars by Mars. We spent a little time
on them, but I hopefully I know we got off
on that little thing, but I am going to hope
that you got a lot out of that segment with
the economists, because I thought they were really, really strong. Yeah,

(16:46):
love it when Marcus angry. I'm sorry, man, I just
cannot really. I'm underslept and overworked and it's a struggle
every day and I don't need to come into this
scene and be and get that. And so I'm sorry.
If Mars has got personal issues or whatever, don't bring

(17:08):
them here. So I mentioned that the car makers have
already reduced imports and there are factories that are idling.
A few car makers have closed factories, laid off workers,
or shifted production in response to the auto tariffs that
took effect this past week. The auto terraffs, of course,
started last Thursday. Jaguar Land Rover, based in Britain, say

(17:31):
that they'll temporarily stop exporting luxury cars to the US.
Stalantis Idol factories in Canada and Mexico. They made Chrysler
and Jeep. They laid off nine hundred US workers who
supply those factories with engines and other parts, and the
luxury division of Volkswagen also pausing exports of cars to
the US from Europe, telling dealers to sell whatever they

(17:54):
still have on their lots. If other car makers make
similar moves, the echin impact could be huge, could lead
to higher car prices widespread layoffs. The tariffs on cars
are among the first of several industry specific levies that
Trump has offered and has indicated he will follow through on.

(18:16):
And these trade policies, as you know, have been described
as intractable and solid, and then they're described as negotiable
and we'll have to wait and see. So the new
tariff applied to imported cars could increase their cost by
thousands of dollars and sharply reduced demand for foreign cars. Right, So,

(18:40):
if you've got Jaguar Land, a Rover Audi, the tariffs
could amount to more than twenty thousand dollars per car.
So you're going to see a lot fewer of these
cars leaving those luxury car lots. And the longer term
impact of these twenty five five percent tariffs. We don't know.

(19:02):
I mean a lot of automakers are trying to figure
out what's going to happen, how to avoid increasing prices.
Carmakers have never had to deal with this kind of
high tariff imposition before with such little notice, and they
don't really have an idea of what Trump will do
in the weeks to come. But that's the latest and

(19:24):
foreign car companies being hard hit right wingers, are suing
Trump over tariffs. I mentioned that Charles Coke was among
those who were launching a lawsuit. Leonard Leo and Charles Coke,
these are two evil people politically, I mean truly having

(19:47):
undermined the justice system with the Federalist Society list of
Supreme Court Justice justices and also Federal justices appointees to
the bench. And they come out of this world of
Leonard Leo, as you know, and his Federalist Society got
that billion dollar infusion from that donor who has vaulted

(20:08):
the Federalist Society to a position of tremendous power. In
Charles Koke. You know all of the dark money that
comes out of the Koch Brothers world. It seeds everything
from literally college programs and legislatures that are seeing the
influx of coke money and the effects on elections to

(20:29):
high school programs. I mean, if you read Jane Mayer's
Dark Money, she talks about the fact that the coke
money actually gets all the way down into the high schools.
I mean, the seeds of dark money are in all
of these places, and they have successfully reshaped America in
many ways. Anyway, Now they are mounting Leonard Leo and
Charles Koke a legal challenge against Donald Trump and the tariffs.

(20:53):
Its right wing opposition that could be joined by others
to this policy that has sent the international markets plummeting
because of these tariffs, and the New Civil Liberties Alliance
Fund file this suit against Trump and the imposition of
import tariffs on exports from China. They argue that these

(21:14):
tariffs under the International Emergency Powers Act, which the President
has invoked to justify the duties on all these countries,
is unlawful. We've spoken of this ourselves. It probably is unlawful.
I'm guessing the Supreme Court will kind of let him
do it. The group's action this from the Guardian echoes

(21:36):
support given by four Republican senators last week for a
Democratic amendment calling for the reversal of twenty five percent
tariffs imposed on Canada. So again you're seeing the seeds
of pushback in both GOP senators, admittedly only a handful

(21:57):
and some in the House on the GOP side, but
now huge GOP luminaries. I mean Leonard Leo literally is
the guy who produces the list to Trump for his
SCOTUS nominations. And I don't need to tell you as
again who Charles Koch is and the power of the

(22:19):
Coke legacy. So all of those things continue, and I
think you're dealing with a situation that produces so much
pain in the short term that it'll be interesting to
see whether or not the GOP has the stomach for
this to have it continue.

Speaker 3 (22:38):
I was looking at my daughter, who's gonna, you know,
hopefully go off to college in two years, and we
have a college fund for her, and it lost bigly.
So it's very scary when you think about the fact
that she's going to need it sooner rather than later,
and it's taking a big hit. So I can see

(22:58):
why people don't have the stomach for it, because it's
hard to watch that.

Speaker 1 (23:02):
Yes, and that college fund is joined by so many
retirement funds. I mean, people are retirement age need the
money now, yeah, and the idea that somehow they just
take a twenty percent haircut because this guy doesn't really
quite understand economics. And then there are other questions, and
I'm going to get into this with David K. Johnston
about well, is Trump's self dealing here? Is he deliberately

(23:23):
tanking the markets such that his billionaire buddies can go
in scoop up these stocks. It'll also drive down real
estate values. They can go in and scoop up real estate.
Might this be a longer game as well? Or what
I might suggest to you is that that's not the reason,
but it is a corresponding result that can benefit Trump

(23:48):
and his friends. I don't believe that Trump. Look, I
mean it's anybody's guess, but I think Trump's got this
tariff thing in his head because one day he was
in school at Wharton and he actually showed up to
class that day and he heard tariffs and it was explained,
and then he didn't show up for the rest of
the semester, and somehow that's in his head. I mean,

(24:11):
this is and I mean, I can play you economist
after economist, This is so profoundly flawed as a I
mean to call it flawed is polite, It is asinine.
And to see this pursued as economic policy in this haphazard,
completely unprovoked way, and now he's turning it up all

(24:34):
the way to ten. This really doesn't have anything but
the craziness of Trump associated with it. But that doesn't
mean that those who have a lot of money won't
be able to benefit from it, as I say, when
they swoop in and can get a lot of these equities,
real estate, et cetera, at discounted prices because America's economy

(24:55):
has been wrecked. So I'm going to talk more about
this with d W. K. Johnson, but I think that
is a real concern as we move ahead and we
see all the different ways in which various players position
themselves visavi, This policy visa vie is a ding. I

(25:16):
was trying to avoid it, but then I said it.
And as you know, this fifty percent tariff on imports
from China, with this massive escalation of the already existing
tariff on China, this could just really throw things into
a total tail spin. We'll see what happens on that
the Chinese have a ton of leverage. They have a

(25:37):
very powerful economy, and it is true that they have
a connection to Trump that might even be back channel.
I want to talk to David K. Johnston about that.
Meaning the Chinese government can see in Trump, I think
maybe the corruption of Trump and that how he can
be bought. And so there are ways into Trump policy

(26:01):
that aren't through the front door. They're through the back door.
And I'm not at all convinced that China won't take
advantage of that. They are used to playing the edges,
and I think the edges may be where they see
Donald Trump very easily functioning to give them a break
if they take care of him in the right ways.

(26:22):
And the last thing I'll say on that is the
crypto part of Trump. You know, he was all against
crypto until he was all for crypto. That's the one way,
and there are several ways, but that's the one way
in which you can money Trump and money Trump interests
without it being at all traceable. You could dump a
ton of money into these mean coins and these other

(26:46):
back channel ways in which Trump is now connected to crypto,
and that money goes right into the administration, not the
administration into Trump himself, and in that way you can
take a corrupt man and by him and then buy
the policy you want. We will see, but don't forget

(27:06):
Trump loves Tesler. Yes that is true, Thank you, MG.
Trump does love Teslor. Who doesn't Mark Thompson show. There
goes Costco Almost everything there is from China, says Vilma.
The you know, the relationship economically between China and the

(27:27):
US is so solid that it astounds me that you
would break it into a million pieces like this. We're
their biggest customer and they're our biggest supplier. I don't
know why you'd want to change that unless you had
a better plan. This isn't that you can argue, and

(27:49):
I think you can argue effectively that economics of America changed,
and maybe changed for the worst the NAFTA agreement. I mean,
the offshoring of so many jobs, the off shoring of
so many factories. I get it. It's a fact you
have such cheap labor in all of these different countries
in Asia, in India, all in China of course, in

(28:13):
all of these different places, production has now really been
seeded to those areas where there is such cheap labor.
You're not going to get that back. You just aren't.
That labor is not coming back to the US. I mean,
how much do you want to pay for a sweater?
I mean, if you are paying US laborers they're hourly wage,

(28:35):
that sweater is going to cost ten x of what
it costs when it comes from Vietnam. So the idea
somehow that you can simply by imposing these tariffs onshore
these jobs, I don't buy it. Not to mention the
fact that you're really looking at automation taking over so

(28:56):
many of these factory jobs. They just don't exist the
way they used to. So this president, the mad King,
who is caught back in the fifties or maybe even
earlier dates than that, he's thinking of factories that just
don't exist anymore. He would you Again, I don't know
that you can get through this guy, because I think
he's a mostly on the golf course, and then when

(29:17):
he comes in, he just sort of reflexively issues these
executive orders, and before you know it, you're in serious
economic decline. But to the extent you could actually get
him to visit a factory and maybe see what's happening
out there. He'd realized that legitimately it did take a hit.
The industrial sector of America did take a hit when

(29:39):
all of these jobs were off shot for so long.
But that ship has sailed sadly. So now we're a
service economy and we have great things associated with the
digital economy, the financial service economy. I mean, America has
leadership in these areas. But because it's not coming out
of a factory, somehow Trump wasn't paying attention to it. Well, uh,

(30:03):
this is where we are. But I'll talk to David K.
Johnston more about this. But this is sort of the
state of the state at this moment. And Donald Trump
was busy at the White House making new threats. H Kim,
Where is that the video of You have video of
Donald Trump?

Speaker 8 (30:21):
Yeah?

Speaker 1 (30:21):
Donald Trump. I guess he was doing two things. He
was welcoming the Dodgers who had won the World Series yesterday, Yes.

Speaker 3 (30:28):
Yeah, and Yahoo. And then then he thought, you talk
a little trade, why not?

Speaker 1 (30:32):
Yeah, right, exactly, riff on trade. They love my trade set.
Let me do a little chunk on trade. Hello, is
this on high? How are you guys? I'm Donald Trump
on the president and I'm thinking about laying down another
fifty percent on China if they bite back at us.
Do we have any of that, Tony or getting it
rallying it? No? All right, the whole yeah, had a

(30:54):
crash here, Sorry and me get.

Speaker 3 (30:55):
The Let me tell you really quickly as to what
you were talking about. Did you see that the bescent
is saying that the fired federal workers would be a
great fit for all these new factory jobs that you
were just mentioning. Yeah, he says he knows what to
do with the fired federal workers. They'll help fill these

(31:17):
factory jobs created by the Trump tariffs. So so you're
saying that we have scientists and specialists and people with
you know that are highly educated doing research, medical research,
all of these jobs. You want him to go work
in a factory?

Speaker 1 (31:33):
Is that what?

Speaker 3 (31:33):
I don't know?

Speaker 1 (31:34):
I as you know, I delight in watching Besant, who
is the Treasury Secretary and does know better, Okay. I
delight in watching him on the Sunday shows and addressing
the media and somehow trying to put a smiley face
on what is a horror show and he knows it's
a horror show. So that's just the latest, you know,

(31:57):
he couldn't even explain the tariffs or or justify the
tariffs anyway in interview after interview, and to hear him
now with that spin, Hey, the fired workers, they could
maybe they might like to work iPhones. We're gonna have
a whole iPhone factory soon. I mean, I it's it's
crazy to get Trump to take economic reality seriously. Would

(32:17):
mean him taking the needs of the country seriously, says commentator,
talk about a ship that is sailed. Yeah, I don't
think that the needs of the country are are high
on his list. Here is Trump at the White House earlier.

Speaker 9 (32:33):
With China, as you know, against my statement, they put
a thirty four percent tariff on above what their ridiculous
tariffs were already. And I said, if that tariff isn't
removed by tomorrow at twelve o'clock, we're putting a fifty
percent tariff on above the tariffs that we put on.

(32:54):
So they've gone for years, They've become a rich country
because of people again that we're in the White House
that allowed this appen. Hundreds of billions of dollars here
that'd maken us on trade, and it shouldn't be that way.
And I have a great relationship with presidency. I hope
it's going to stay that way. I have great respect
for China, but they can't do this. So we're just

(33:16):
we're gonna have one shot at this, and no other
president's going to do this what I'm doing. And I'll
tell you what, it's an honor to do it because
we have been just just destroyed.

Speaker 1 (33:29):
Yeah. Yeah, again, We've already addressed the China America relationship
from a trade standpoint, and it's just inexplicable that this
guy would do this.

Speaker 3 (33:39):
But China, China calling China's calling it, by the way,
this threat of a new tariff, you know, Trump saying
he's going to put another fifty percent tariff on top
of their reciprocal retaliatory tariffs. China says, this is a
mistake on top of a mistake, and they say, we
are warning you do not do this.

Speaker 1 (33:58):
They're right. I mean that, I think that states it
very well. I mean, it's a mistake on top of
a mistake. It is really true, and it's from a
guy who doesn't understand it. And he's also surrounded now
by people who are nothing but enablers. If you look
at the Trump Billionaire Boys Club that is his cabinet.

(34:19):
They're all just they're they're all sycophants, they're all kissing ass.
They all just want to make sure that there is
nothing that they do that could be perceived it is
an the least bit disloyal. So they're all enabling. And
so when he has a meeting about economics, no one's
pushing back. I mean, you have these guys who know better,

(34:40):
and instead of pushing back, they go out there and
sling this stuff on Fox News Channel. I mean watching
Howard Lutnik is nauseating. I mean, he must know better,
and yet he goes out there and he you know,
he's this avuncular guy. Well, hey, everybody, let me tell you, Oh,
it's going to be great. We're gonna onshore of the job.
Be great. There'll be some short term pain, but it's

(35:02):
all coming back. I mean, you have an entire globe
that is now looking for ways to do business without
America involved. It's that simple. And you have a total
perversion of the trade and tariff system. It's ridiculous. I
think is Trump's court Jester, thank you, that's exactly right, rich,

(35:24):
perfect way to say it. And then to watch Fox Spinnett,
Fox News Channel. Uncle Russ is right, Fox's State Media.
It is true in the At some point, I think
the pain will be so great that they may not
be able to continue this. But brand new to Mark Thompson,

(35:47):
says Kelly, and thank you Kelly for being here. Kelly
breedlove cool last name, I might say. We're very much
into names on this show. And welcome. There is your
class act. Mark, a lotty beam of light here in
smalltown Indiana. Shine on, Christina Garcio, what up, Christina? Thank

(36:11):
you for a five dollars super chat. We are a
crowdfunded show, so we make a big deal out of
people in the crowd that fund us, and the Chaplain
Fred among them. Also, thank you, Chaplain Fred for a
twenty dollars super chat. Good day, Mark and Kim. It
is so nice to watch and listen to your show.
Love it when you get upset, but keep your wits
and with calmness, please keep it up. You got a

(36:32):
support her here as long as you're on the air.
That is so cool, Chaplain Fred, Wow, really really cool. Well,
thank you Indiana for checking in, and thank you Chaplain
Fred for checking in. We've got a lot of great
conversation ahead on the second hour, the Pulitzer Prize winner
David K. Johnston joins. He's a multiple best selling author.
He writes about Trump, he writes about taxes, he writes

(36:53):
about economics, he writes about the law. All of those
things are front burner to us, and so we'll make
sure that we get to that. Sorry, I just missed
what was up on screen. V Richard, Yeah, ten dollars
super chat, Thank you. Yep. Sixty four years old and
stressed about if and when I can retire. I mean,
I think that is a deserving anxiety right now, meaning

(37:17):
your anxiety is deserving of credit, of being dignified with
a serious conversation. I mean, if you are retiring and
you're looking at what you've built up through savings through
a lifetime, you have that savings in the market in
some way. It may be in a money market fund,
or it may be in any number of funds associated

(37:40):
with the rise and fall of the American economy. And
I think that's a legitimate anxiety you have about, Hey,
how much money can I live on? I've got to
plan the rest of my life based on my savings.
It's outrageous. I mean, this is a it's outrageous, not
because the American economy doesn't ebb and flow, it may,
but self inflicted wound like this, where you tank your

(38:03):
own economy. It's unforgivable, inexcusable, and grotesque. And people who
are hard working Americans who he always talks about. Trump
always talks about hard working Americans. That's the big default
that you know, you hear the GOP talking about O
or hard working Americans, and America's heartland and America, the
United States of America are hard working Americans. These are

(38:23):
hard working Americans. Everybody on this chat. That sixty four
year old woman, she is a hard working American who's
put her money aside. And again, were this a naturally
occurring event, it would be on some level forgivable, but
it's not. It's a self inflicted wound. And you know,

(38:44):
I don't want to say it will mortally wound the US,
but it will gravely wound the US, And we don't
really know where the bottom is and what's going to
happen to these funds. It's deeply disturbing, so you're right
to be anxious about it. Joe Pong, thank you for
a nine to ninety nine supersticker, big shout out to you,

(39:05):
shout out, thank you, appreciate that and I'm sorry, what
was it? What else did you have from the chaplain Fred?
I work hospice carr He says, the five dollars super chat.
Thank you, Chaplain Fred, I work hospice care in Some
of my veterans excuse me to cough.

Speaker 3 (39:19):
Yeah, have been denied a hospice care because they have
been denied veterans benefits. And Chaplain Fred writes, it's a
very upsetting. That is very upsetting. And these are people
that have given service to the United States, and look
how we treat them.

Speaker 1 (39:34):
The way in which the GOP particularly wraps itself in
the flag, and Donald Trump raps himself in the flag
and wraps himself in the military and veterans. Look what
he wants to do for his birthday. We told you
about this yesterday. He wants a four mile long military

(39:54):
procession from the Pentagon to the White House, I think,
or to some location there in Washington. And that is
all military. He loves the show of force, he loves
his military, he loves referencing generals, and he loves referencing

(40:14):
the military around him. But what does he do to
veterans and veterans benefits. He guts them, He guts them.
Look at what happened to the VA. Doge went after
the VA. Doge went after the VA after the same
way they went after the EPA. It's outrageous, it really is.
I mean, these are people who've made substantial sacrifices for

(40:35):
this country as well in the form of public service.
This is public service that you know, you can argue
most Americans should, I think, spend at least a couple
of years doing some kind of public service. But these
people who are involved in the military, who are veterans
and depend on the Veterans Affairs Administration, they they need

(41:01):
the support of this nation. It's crazy. It really is crazy.
And the last thing I'll just say on veteran, just
because we're talking about it, is I mean, you got
a guy in Donald Trump who sought multiple deferments, fake
health deferments to get out of military service. Now a
lot of people are trying to get out of service
to Vietnam. They enlisted and different different things. I mean,
people of Trump's vintage were sort of doing that kind

(41:24):
of thing, but his dad and his wealth were able
to facilitate the phonying up of this bone spur story.
He can't even remember which foot had the bone spurs,
and this guy got out of military service. So to me,
it's ironic that he could wrap himself in the military,

(41:44):
ask for this military procession from the Pentagon to the
White House on his birthday. And it's more on brand
that he would screw the veterans in the way that
he has and in the way that Chaplain Fred was
referring to it. So anything else in the way of
comments that I.

Speaker 3 (42:02):
Have people that are scared about their for.

Speaker 1 (42:05):
Them yeah, uh the uh. Heather Kennedy says, uh, yeah,
I am not looking at my four oh one k
accounts right now. Right Gordon says, rev. I don't want
to look at my four oh one k. My Apple
stock is way way down. Yeah, I mean it is
true that there will be I think a real there'll

(42:31):
be a real reckoning in the markets, and then we'll
have to see where the markets ultimately end up. I've
always said, because people say, you know, get in the
stock stock market, over time, you'll always make money on
the stock market. You'll always hear people say that, because
it's true. If you look at the American market's historically
that is true, but I've always said, well, it really

(42:53):
depends when the music stops, doesn't it. When the music
stops and you need the money, that's when it's important
where the market is. If the music stops in eight,
you're screwed. I need the money now, and the market
has tanked. If the market stops when COVID hits and
you need the money at that moment, you need the money,

(43:15):
and you're screwed. And now we kind of find ourselves
in that same place. If the music stops for you,
meaning you need the money now at this time, that
you have the mad king having put in these ridiculous
terrorists for no reason at all, and he tanks both
the US economy and world economy in one sweep of

(43:37):
the pen, well, then we're all screwed now. The one
thing I would say that might be encouraging is I'd
stay with it. The temperature of the water may change
in the weeks and months to come, and it may
change for the better, But for the moment, I agree.
I share your anxiety, I share your panic, but generally speaking,

(44:00):
when we're panicked, we don't make good decisions. So I
would encourage you not to panic, pull out of the market,
et cetera. I mean, look, I'm not an economist. I
do the same reading that a lot of you do.
I have the same conversations that many of you do.
But I also and many of you I think, follow
in this category. Two. I have decades of experience having
made mistakes, right, so I know that I have panic before.

(44:24):
I pulled my money out of the market before, and
it was a mistake. The market did build back, so again,
this may be this is definitely a hit, but it
may be a shorter hit than we fear. And there
just really isn't a way to know right now, and
I caution against any panic, but we all share the

(44:45):
same anxiety. Could Trump's economically aggressive behavior potentially provoked China
to attack? Ask dude DESI O seven with a five
dollars super chat, thank you for that. I think that
China it doesn't want a hot war, if that's what
you mean with the US. I mean, I suppose Taiwan
would be the proxy war kind of what Ukraine has

(45:09):
been with Russia. I think in general China doesn't want that.
And we can ask David K. Johnson about that and
when he comes through. But I would say that is
not something that China wants. I do think in Trump,
you have a guy who doesn't really do the arithmetic
on anything. He likes the flex, as we've talked about

(45:33):
on the show. He likes to make pronouncements announcements, and
he likes to do things that really rattle everybody's cage
and dominate the news cycle. He likes being president in
some dangerous ways. And it's the dangerous ways that worry me.
So I understand everybody who voted for them. I used

(45:53):
to listen to these guys talk about, Oh, he's the
peace candidate. He wants to end the war in Ukraine,
and he wants to end the Middle Eastern in conflict.
And I mean every candidate is the peace candidate. No
candidate is the war candidate. All right, Well, you have
in Trump is a guy who likes the flex. Used
to ask about the nukes. We have all of these nukes,
how come we don't use them at all? I mean,

(46:14):
I think Trump is a dangerous guy from the standpoint
of military confrontations and using the American military. Look at
what he's already talked about with the Canada and Greenland.
I mean the guy is he comes in and his
first hour he's smack talking the Allies and on some
level speaking about going into Mexico or Canada for different reasons,

(46:38):
Canada to become the fifty first state Mexico to attack
the cartels. So he has all of this working. And
I'd suggest to you that the danger is with Trump
more than it is with China. So if you're worried
about a hot war with China, I'd look right here
at home. And again I don't think Trump wants a
hot war with China either, just to be clear, but

(46:58):
I'm just saying, when it comes to pulling the military trigger,
I think Trump is far more likely to do it
than she is. So that's where just to answer your question,
that's where we are. I'd like to if I could, Kim,
I'd love to get a news update from you. You've
been watching so much of what's happening so far today.

(47:19):
Then I have David K. Johnston coming in minutes and
we'll talk to him about many of these issues. I
promise I will get them into David K. Johnston. And
if you have anything specific you'd like to ask David K. Johnston,
please send it along to us. The whole thing with
the Iran dude, Desio seven says, thank you for the
super chat. The whole thing where Iran seems to be concerning.

(47:41):
There are those who have said that Bibi is goading
Trump to invade Iran. Thank you for that, because I
think that's far more likely than anything with China. I
think Trump probably doesn't realize how tough Iran could be.
You don't want to get into a war in Iran.
Iran is an immense country, and i'd suggest that there is.

(48:04):
They've been diminished a lot. But I do think that
Iran represents probably the next potential theater of military adventurism
on the part of Trump. I'm sure Bibi net Yahoo
as he's called. I love how we everybody calls him Bib.
That's his nickname is Benjamin Netanyahu, isn't it? And we

(48:27):
all come Bib like we're, you know, going to his
birthday party. But I do think net Yahoo is pushing
Trump that way. I don't know that Trump will have
the stomach for it. It seems like a war you
don't need. But on the other hand, again, I wouldn't
count on Trump having great judgment. But I love that
you mentioned Iran because I do feel as though that's

(48:48):
the more realistic potential for military adventurism on the part
of the US. So smash the like button if you would.
It's something in YouTube that's really important. It helps us
with the baron US some algorithm. Uh and uh. We'll
update Marks Madness. We'll also have two more drops for
you that will play on in Marx's Madness. David K.

(49:11):
Johnston joins in the next hour, so much to do.
Thank you for being here. Mark Thompson. What he has got
going here is a situation. It's true. It is something
of a situation. Kim's News now the Mark Thompson Show.

Speaker 3 (49:32):
Yeah, on the Mark Thompson Show. I'm Kim McCallister. This
report sponsored by Coachella Valleycoffee dot Com hol the Coffee's good.
Take a little sip while we talk.

Speaker 1 (49:42):
Yes, Yeah.

Speaker 3 (49:43):
Stalks up and stalks down on Wall Street after the
new tariffs announced by President Trump are just causing more volatility.
It comes as Trump threatened to up duties against China
by another fifty percent if the country doesn't get rid
of retaliatory tariffs on US goods. The President said a
deadline of midnight tonight for China to remove those retaliatory tariffs.

(50:06):
If not, there you go, We'll see. The Supreme Court
is ruling in favor of the Trump administration regarding the
firings of thousands of federal workers. The High Court ruling
yesterday the Trump administration, or ruling today rather, the Trump
administration can proceed with a termination of sixteen thousand probationary employees.

(50:26):
A lower court had ruled the workers be reinstated as
legal challenges preceded. The Supreme Court's rulings rescind that order.
Speaking of court rulings, the Supreme Court is handling handing
President Trump another big win. In a five to four
ruling yesterday, the Court will allow the Department of Justice
to remove alleged Venezuelan gang members from the country using

(50:50):
the Alien Enemies Act. The ruling ends a lower court
freeze on Trump using that act. Today, a federal judge
in the case will hold a hearing to see if
there's a probable cause to hold the Trump administration officials
in contempt of court for violating his orders related to
using that wartime Act and speaking of the deporting people,

(51:11):
the President Trump is inviting the president of El Salvador
to the White House. That according to the Press Secretary
Caroline Levitt, who says President naib Bucala will visit DC
next week. The two parties will tout cooperation between their
countries as the US deports alleged gang member migrants to
an El Salvador in prison. Levitt says Supermax prison is

(51:33):
on the table for the deported migrants and added El
Salvador's cooperation with the United States has become a model
for others to work with the administration. You would think
if there's such cooperation, it wouldn't be hard to correct
a mistake there.

Speaker 1 (51:47):
Yeah, it's funny that they work so well with the US.
But apparently you can't make a simple phone call to
release the three guys down there who were imprisoned erroneously.
I mean, it doesn't make sense, doesn't seem Apparently it's
just too hard. Maybe you know, it is a long
distance call that used to be a problem into l Salvador.
They just can't quite get that call into the prison

(52:08):
to let those three people who are are imprisoned erroneously
free to come back to this country. And at least
have their cases adjudicated in some way. I mean, it
appears that they've literally sent these people off to die
in an El Salvador in prison. I mean, I don't
believe these people will ever see the light of day again.

(52:30):
It's a real travesty.

Speaker 3 (52:31):
Whoops are bad. You know, sorry, we can't fix it. Really,
you can't fix it.

Speaker 1 (52:37):
That's just Yeah. It's funny that the most powerful country
on Earth able to scoop up citizens and innocence and
deport them without even a look back at a court
order that is handed down to stop it. They just
can't seem to have the power to get these people returned.

Speaker 3 (53:00):
Is fixing it like an apology? And Trump doesn't apologize.

Speaker 1 (53:03):
Is that what's happening is they don't back down that
they don't care.

Speaker 3 (53:08):
Made a mistake. They said it's an administrative error. They
admitted wrongdoing.

Speaker 1 (53:13):
Right, that is true, They did admit to that extent.
But they The point is they don't want these people
in this country. They don't care about them, and they
will let them rot there in an Ol Salvadoran prisident.
It's a true travesty.

Speaker 3 (53:28):
The irs will share information with Ice in order to
find suspected illegal immigrants. Court documents showing the IRS will
provide the Department of Homeland Security with information for migrants
who are either under federal investigation or are already facing deportation.
The IRS had warned the Trump administration the plan to
use it for information could be illegal. In twenty twenty three,

(53:51):
illegal immigrants paid or undocumented immigrants paid nearly one hundred
billion dollars in federal, state, and local taxes.

Speaker 1 (53:59):
Yeah, that's the point. They are a part of the
American economy. By the way, David K. Johnston is waiting,
so we will get to him promptly.

Speaker 3 (54:06):
Oh, okay, would you like me to wrap it up?

Speaker 1 (54:08):
Well, I don't want to. You know, I could put it.

Speaker 3 (54:10):
I could put a pin in it for later. I
can put a pin in it.

Speaker 1 (54:16):
Do you have a rule on this show? Pull it
your prize? Wa Yeah. Right, we'll do.

Speaker 3 (54:21):
Half seas, half the report now half later.

Speaker 1 (54:24):
You got some good stuff.

Speaker 3 (54:25):
Yeah, it's like a tease. We'll talk about Iran next.
Apparently Elon Musk is calling a key advisor to President Trump,
and Moron, there's news from the Wine Country and San
Francisco and Los Angeles, and we'll get to all of
it that in the second hour of the show. This
report sponsored by Coachella Valley Coffee.

Speaker 1 (54:43):
I am having some good, good coffee.

Speaker 3 (54:47):
Let me tell you what fresh beans? All organic? You're
supporting women owned farms and boyar you having some heaven
in your coffee cup? It is use the code mark
T no space as m a RKT at checkout get
your ten percent off. I'm Kim McAllister and this is
the Mark Thompson Show, The.

Speaker 1 (55:08):
Mark Thomason Show. It is Tuesday, and Tuesday is a
great day because of a visit from this guy who
is a best selling author, Pullitzer Prize winning investigative journalist,
now professor at Rochester Institute of Technology, teaching smart people
stuff that they should know. He is the great David K. Johnston.

(55:30):
Everyone hiding Mark. It's such a pleasure to see you,
and wow, we have a lot to talk about.

Speaker 6 (55:37):
Unfortunately I got to get off at twenty five.

Speaker 1 (55:39):
After okay, so we'll try to be as concise as
we possibly can be. I'm going to start not with
the tariffs, because we had a question into the chat,
and then I'll get to the tariffs. And it just
is top of mind and it's about the military adventurism
that Trump might actually be part of. It was about
it started. This comment from a viewer was about and

(56:00):
I was saying, I didn't think that a hot war
with China was likely. I just didn't feel as though
Trump had the stomach for that or the inclination. But
Iran was pointed to as a potential theater of war
as yahoo what met with Trump and might have been
nudging him toward that. That was the notion that this
viewer had. Can you speak to that well?

Speaker 6 (56:20):
Donald has talked about if the Iranians don't come to
heal on their nuclear weapons program, we're going to bomb them. Now,
the Iranians have been very smart about breaking up how
they're building their nuclear weapons, putting him in many different locations,
in very deep bunkers that probably are not amenable even
to bunker buster bombs. An attack on Iran, of course,

(56:46):
is an active war and could lead to a lot
more than what we would like to have. The Iranians
are a threat not just to Israel, but they're perceived
as a threat by Saudi Arabia and Bahrain, among others.
So this warmongering by a guy who ran for peace
and promised, you know, we weren't going to have any

(57:07):
military adventures. He goes around threatening Canada, which is taking
it very seriously. Greenland says he won't rule out military
action against Denmark, which is a NATO ally, and the
Panama Canal. All just tell you that anybody who trusts
what Donald says is a fool. But clearly Netanyahu would

(57:31):
like us to take out the Iranians, both the regime
and their capacity to make nuclear weapons. And Donald has
no sophistication about this. He has no understanding of the
history of the Middle East. If Donald were asked in

(57:51):
a place where he couldn't get away, he could be
tied down like a deposition. So, mister Trump, what is
the difference between a Sunni and Ashia in the Muslim world?
Why does it matter to America? And where does Wahabism
fit into this? He would have to go off and
tell some you know, well that's really great, you know,
and get you off the subject, because he doesn't have

(58:12):
a clue. But he does have his finger on the button.
And you know, we just blew a quarter of a
billion dollars dropping bombs on the Huthies to no effect,
and This shouldn't surprise anybody. The post World War Two
review of bombings by the US and by the Germans

(58:36):
showed that bombing just doesn't work. It's not effective. It
terrorizes populations for sure, but they just keep on going
and producing. George Ball tried to get Lennon Billions Johnson
to understand that bombing North Vietnam and bombing in Vietnam
was not going to work, and he couldn't get him
to listen to him, even though the analysis was quite clear.

(59:01):
There are selected examples where they can be effective, but
they're not you know, large scale mombing, carpet bombing. And
Donald knows, I mean Donald knows so little. He didn't
know why there's a memorial over the USS Arizona at
Pearl Harbor. So you should be very worried that people

(59:21):
are selling him on this idea that what will make
him a great president is bombing people.

Speaker 1 (59:26):
Well, I was saying, also the irony he wants that
military parade for his birthday from the Pentagon to the
White House. That's a four mile long parade of tanks
and you know weapons systems that are then you know, missiles,
they it's a it's such a. It's a dictatorial flex,
you know, it's what you associate. Yeah. Yeah, But but

(59:48):
the irony, of course is this is the guy who
you know, slithered out of military service with you know,
with the Vietnam shuffle, with his bone spurs. Yeah. Now,
now let's pivot to the other thing that Trump has done,
the wanton destruction of the American economy and turning the
world economy on its side. Speak to this if you would, please, David.

Speaker 6 (01:00:12):
I just turned over to the editor DC Report a
piece about this very issue, and it will have a
lot of stuff that will connect dots. I haven't seen
anybody do. And it's a very short piece, only eight
hundred words, so it'll go up I hope later today
or tomorrow, and I hope people go read it. But
the damage that can be done here goes way beyond

(01:00:33):
what's broadly being discussed. For example, the US dollar, the
greenback that Donald keeps running down and saying is really worthless.
And I was just debating on TV in the Middle
East Trump Republican about how the dollar, especially because of Biden,
is becoming worthless. It's the world reserve currency. Sixty percent

(01:00:57):
of business transactions worldwide international transactions are done in dollars.
You know, when the Australians sell liquified natural gas to China,
they do it in dollars, and that's a huge subsidy
to do us. Once we sell a dollar and it
goes overseas and doesn't come back, it's like a gift.
It's free money to us, and that our currency is

(01:01:19):
used is terrific. Now, I don't think there's any chance
that the Chinese remnibi that y wan will become the
world reserve currency, because nobody trusts the Chinese government on
private property. But could the euro or a new currency,
could perhaps even the Japanese yen become the world reserve currency. Yeah,

(01:01:43):
you bet you, it sure could. And Donald is enjoying
right now that seventy countries are all eager to bend
the need to him because it feeds his ego and
his desperate emptiness inside. But the tariff proposal he put
out there is stupid, and I do mean stupid on

(01:02:03):
so many levels. I mean, we've all heard about the
island that only has penguins. That's in the list. There's
another island that only has British and American soldiers. The
only people who occupied it's on the list. The way
they calculated this was to take half the difference in
our trade in goods and then divide and take half

(01:02:23):
of that number. And that was the percentage rate they took,
which is just ridiculous. But Donald doesn't once he gets
an idea in his head change, you know, I mean
most famously in my view, or most importantly in my view.
When he was asked in twenty sixteen, well, as a Christian,

(01:02:44):
mister Trump, tell us about the last time you asked
God for forgiveness. Anybody's an actual Christian knows that you're
supposed to be in a constant state of seeking forgiveness
because every day you do things, whether you recognize it
or not, that offend other people. Oh my goodness, I
sound woke, and because of course Christianity is wokeness. And

(01:03:06):
Donald said, after sort of a quizzical pause, what what
what what? Why? Why would why would I do that?
I've never done anything in my life that requires asking
forgiveness of anyone. Uh, this is how out of touch
he is about this. We can turn friends into enemies.
The new Prime Minister of Canada has said our relationship
as close allies is over. Uh, the the we could

(01:03:32):
end up being told, hey, take your eight hundred military bases.
We're the only country with massive military bases around the world.
The Russians have a couple of bases like Syria. I
think the British have a couple in the Middle e
in the Indian subcontinent. We're the only country in the
world eight hundred known US military bases. And every now
and then we find out about another one that nobody

(01:03:54):
knew about. Well, a lot of countries could just say, hey,
go home. Oh, by the way, you know, when your
ship's do fueling or the engine brakes and you need
to bring it into dry dock, go away, sink your ship.
We don't care. Oh you want to keep bombers, fighter planes,
transport planes, and helicopters somewhere near an area you think
it could be troubled. Now, we don't want you to

(01:04:15):
go back to America. I mean, he can isolate us,
he can make us a pariah nation. And Donald has
no idea of this, He has no sophistication about all
of this. And underneath all of this, and this next
part is not in my piece, but Donald is not
a believer in economic growth. He is a mercantilist. Mercandilism

(01:04:39):
was the dominant economic theory before Adam Smith wrote The
Wealth of Nations in seventeen seventy six, which explained competitive
market capitalism, which so far in human experience is the
best economic idea we've come up with. Doesn't mean it's perfect.
It's got lots of problems. You have to control it,
which we're not doing. I would argue that were mostly

(01:05:00):
corporate socialism, not competitive market economics. But before that, mercantilism
was the idea that if you mark have a piece
of gold, then that means I don't have it, and
the only way for me to get richer is to
get your gold. So when the Spanish sent the Armada
and thought they'd take over England and get rid of

(01:05:20):
Queen Elizabeth, it was because British pirates in the Caribbean
sacked the town of Trujillo City I think that's the
correct name of it in Honduras and stole all the
gold that the Spanish had mined and collected. And it
was like the umpteenth time they had done this to
the Spanish, and the government Madrid said we had enough

(01:05:42):
of this, We're going to go get the Brits because
that was the belief in the world. There's no additional wealth.
There's only the amount of wealth that gold represents. And
that's how Donald has always seen the world. If you
have a dollar, I need to get it from you
so I can be rich, not Hey, we can create
more dollars together by being smart.

Speaker 1 (01:06:03):
Well, what's odd to me is that he reps that
he is this master negotiator, and you know, you kind
of look in negotiation for a win win, you know,
and he really took off as David and you thought
I did. Hey, dude, don't touch anything. You've inherited the
leading economy in the world. Keep your hands off everything,
and just you know, hold rose Garden ceremonies, et cetera. Instead,

(01:06:27):
he's decided to touch everything and, as I say, drag
the American economy to the ground.

Speaker 6 (01:06:34):
If you think back to when George W. Bush became
president with a huge budget surplus, for all the last
four years of the Clinton administration, the garnment was in surplus,
it's deja vu all over again. Let's inherit something and
then just wreck it. And Donald is doing a really
good job of wrecking this and you know, one of
the things that came out The New York Times revealed

(01:06:54):
a couple of days ago. And I've been very critical
of my former newspaper's reporting, but I thought this was genius.
Is that Navarro, the former U see Irvine economics professor
who holds lots of just bizarre views. Peter Navarro has
often cited the work of another economist who, it turns out,
is a fiction. It's an anagram of Peter Navarro's name.

(01:07:18):
The guy doesn't exist. And this is the kind of unscrupulous,
incompetent fringe. And I'm being polite thinking people who Donald
Trump attracts and is attracted too. I mean, so why
would you trust him about anything he does?

Speaker 1 (01:07:36):
And I think, and you've written about this, but you know,
Trump likes the shiny objects, and Navarro is kind of
a shiny object from a media part. He won't slow down,
you can't overtalk him. He just keeps on speaking with
this divine confidence. And I suspect that Trump, you know,
is in the thrall of that kind of guy.

Speaker 6 (01:07:55):
Yeah, he absolutely is. And that's how people like Steve
Bannon get into his world. He must be at some
level listening a little bit to Bannon, and Bannon has warned,
I think quite correctly that if you go after Medicaid,
that's the federal program healthcare for poor people that benefits

(01:08:19):
Republicans far more than Democrats.

Speaker 1 (01:08:21):
I mean, one of the things is Medicaid. Medicaid benefits
Republicans more than That's.

Speaker 6 (01:08:26):
Right, Medicaid, Yeah, I mean, the Democrats have basically used
to be thought of as the party of the poor.
LBJ the War on poverty, though I think it was
more of a few skirmishes, not a war. But Republicans
now rely on the votes of poor people, poor working
class people who think that the billionaires really care about

(01:08:46):
them and want to take care of them. And horrible
things are about to happen. I mean, the cuts that
have been made at the FDA, We're going to have
more diseases, more people die from food poisoning. We've already
had three people die from measles, and it's moved RFK
Junior just a bit to say that measles vacinations are good,

(01:09:08):
but he continues to attack MMR vaccines per se. We're
going to I don't think there'll be a change among
the people who are poor and support Trump until I'm sorry,
my child is going to die because I can't get
medical care for my child. Wait a minute, I had

(01:09:28):
medical care. What do you mean Grandma died because insulin
went from thirty five dollars a month to one thousand.
Who did that? And when this starts to happen, you're
going to see Trump blame the Democrats. He's going to
find a way. What I'd probably say is, well, you know,
they spend all the money we had, so it's gone
and I don't have no choice. It's the Democrats who

(01:09:50):
forced this upon you, which is utter nonsense. But given
how good nominal is, how successful he's been selling nonsense
to people, just watch it'll happen.

Speaker 1 (01:10:00):
Well, I mean it. It is the most effective spin
I've ever seen. I mean, they get onto the you know,
un blast on Fox News channel and blame Biden, an
economic time bomb, et cetera. Whatever they'll they'll they'll assign
it to Biden and the Democrats somehow. In our limited time,
I want to get you to another question that came
up today, and that was is this plan on the

(01:10:24):
part of Trump to wreck the American economy part of
a gift to the billionaire boys club that is his
cabinet and all of his constellation of people around him
to swoop in and get great deals in the stock
market on real estate that's wildly discounted. In other words,
from the ashes of the American economy that he has incinerated.

(01:10:47):
Will his people be able to benefit? And is it
really just a plan as a gift to all of them?

Speaker 6 (01:10:53):
It's it's not a plan, cause Alby is not the
issue here. It's correlation. Look, lots of people go broke
when there's an expanding economy, and lots of people get
rich when the economy's contracting. And if you got out
of the stock market a few months ago, and generally
you don't want you can't time markets if you're an

(01:11:15):
ordinary person. Not a good idea. But if you sold
your mutual funds and bought, you know, put it in
cash money market funds which are paying about four percent,
or bonds, not bond funds, but bonds, because you know
when they're going to mature, you're going to be fine

(01:11:36):
writing this through. But very wealthy people are heavily invested
in the stock market. They don't have a lot of
options about that. They're going to suffer some loss. The
problem is, so if you've got five billion dollars and
all of a sudden you've only got three and a
half gee, it must be tough to get buy on
three and a half billion. For people who are just retiring,

(01:11:59):
this is really bad. If the first two, three four
years of your retirement are in a down economy, you
can easily run on money even if you oversay. So
there will be a lot of distressed sales of assets.
There are going to be significant numbers of small businesses
that are going to fail. I worry about my oldest

(01:12:21):
son's business. He owns a retail store that sells chotchkas,
and a lot of it comes from China, so higher
prices for what he gets in people are going to
have less money to spend. I worry a lot about
about his business. And I've talked to some other people
I know who own small businesses who are very, very

(01:12:43):
worried that they will end up having to fold their business,
maybe even file bankruptcy and wait for this to come back.
And then imagine if you were a mark, a homeowner
in northern Virginia or Maryland near d C. And you
need to sell your house for whatever reason. Well, housing
prices they are about to fall sharply because of the

(01:13:06):
tens of thousands of federal workers in the Washington market
that have been just let go for most cases for
no reason whatsoever. And that's going to tank those markets.
So there's going to be a lot of economic carnage.
But this is in Donald's view's we're taking medicine. It
will make us stronger, and it's not part of a plot.

(01:13:29):
He's not capable of that kind of plot. He is
not a strategist by any stretch of the imagination, and
he's not very good at tactics. What he's good at is, Oh,
I have this idea in my head. I don't know
where it came from. I will figure out how to
make people think that's a genius idea.

Speaker 1 (01:13:46):
Yeah, yeah, No, the con is his thing. Okay, sort
of rapid fire, David, because I know our time is
limited a bit. Also got this email. Is it true
that China is pumping money into Trump's bitcoin scam and
fill his pockets that way? If so, tanking the American
economy and global markets, we create a vacuum for China
to take over all that European manufacturing and distribution that

(01:14:09):
we lost that would make sense for Trump's reciprocity. I
don't know there's a lot there, but yeah, I do
think go ahead.

Speaker 6 (01:14:16):
I don't know who's using real money to buy fake money,
which is what bitcoin and it's like are. But China
is the biggest winner of the Trump administration. Their power
and influence in the world in Asia is going to
increase because of Trump. And the Chinese don't think like
we do in terms of ninety days or two years
or four year elections. They think, like the Catholic Church,

(01:14:39):
We're here forever. And so they're very strategic. They're very
highly educated.

Speaker 1 (01:14:46):
They're meeting with the European Union right now. I mean
there's already a approach made there.

Speaker 6 (01:14:51):
Yes, and the Chinese are going to be very strategic
about all this and very smart. They have some problems
and fiscally grossly possible. That's all. China can borrow in
his own currency, just as the US government borrows and
its own currency. They cannot go broke. They can cause inflation,
they can cause some economic damage to ordinary Chinese, but

(01:15:13):
the government cannot go broke, and g will come out
well at the end of this for among many other reasons,
he's a serious person, unlike Donald.

Speaker 1 (01:15:24):
This from Michael D. David, What would Putin do differently
if he wanted to destroy the US economy? Is this
not textbook Putin coming out of the Oval Office?

Speaker 6 (01:15:34):
Yeah? Yes, And Putin, let's remember, his economy is really
in super bad shape. They've been reduced to barter for deals.
They literally had to import potatoes to feed their population.
I mean Russia importing potatoes, and they just announced while

(01:15:54):
talking ceasefire, the biggest draft in history of that country.
And you know, I mean, they've used up these tanks
that are easy to destroy because they're from the nineteen
fifties and sixties. They're using horse and donkey drawn carts
to get food and other things to the front. And

(01:16:16):
while the Ukrainians are certainly under a lot of pressure,
they've proven to be a heck of a lot smarter
and better military about strategy and tacticians than the Russians.

Speaker 1 (01:16:25):
But to Michael's point, does it feel almost Putin esque
the way Trump is wrecking the economy?

Speaker 6 (01:16:31):
Yeah, I don't think Putin's doing that. I think Donald's
doing that. And I don't think Donald's doing it so
much at Putin's behest, as he's not doing it his behest.
He doesn't know what he's doing. He just doesn't know
what he's doing. Donald is not a businessman. He is
a cash extractor.

Speaker 1 (01:16:50):
Yeah no, I mean you've made this point so well
through your many writings, and it is true that he's
not the mastermind yet in all the spins and in
all the kind of calculations that one does around his
quote policies, it's sort of ascribed to that. So I'm
gonna get you out of here on time, I think,
are we good?

Speaker 6 (01:17:11):
Let me just hyeah about three minutes?

Speaker 1 (01:17:13):
Okay, great? So David in looking at the days ahead
with Trump, I mean, he's just threatened the Chinese with,
as you know, what would end up being one hundred
and fifty percent tariff on all Chinese goods. I mean,
do you I know, there's no way to really know,
but he feels as though he's now responding with all

(01:17:33):
ego and bravado, and he is capable of pulling the
trigger on this stuff.

Speaker 3 (01:17:38):
Oh.

Speaker 6 (01:17:38):
I won't be surprised in the least if Donald actually
imposes these terrific tariffs. China is replacing US as the
major trading partner of a number of countries around the world.
And this will just speed that process. And the Chinese,
you know, their manufacturing capacity is now up at the
level of ours. They are the dominant supplier of electric

(01:18:01):
vehicles around the world. Donald of course dumps on electric vehicles,
except for Tesla's because they're made by his patron again,
co President Elon Musk And China has been, you know,
very smartly around the world doing things, you know, buying
up land to grow food in Africa, and water rights

(01:18:22):
and ports with heavy equipment and all sorts of other
projects all over the world and building goodwill. And I
predict to you that China before long will start trying
to replace the void left by Donald Trump shutting down AID.
You know, those those big sacks of grain, the boxes

(01:18:42):
with medicine that say a gift from the American people,
are going to say a gift from the generous people
of China, and that will do us enormous damage that
cannot be easily Undone.

Speaker 1 (01:18:56):
Last question, what's going to happen with the Zezuelans. I'll
just put it in quotes. But those who were and
now with Skotos having given the Trump administration more room
on them. They're down in an El Salvador in prison.
Will those innocence there are three of them that we
know of, ever get out.

Speaker 6 (01:19:16):
That remains to be seen. Because the Supreme Court's actions
are on matters of was this the right court to
bring your case or did you frame the issue the
right way? They're avoiding substance. But here's what you should
be worried about. Two things. One, the lack of regard
for the individual and their liberty. And we've seen this

(01:19:36):
from the Supreme Court. We have executed people. We now
have incredibly good reason to believe we're truly innocent because
the courts wouldn't listen to new evidence or junk science
that was presented. Things like that. The second thing you
need to worry about is that a lot of our
constitutions says you can't do things, but there's no enforcement mechanism.

(01:19:58):
Donald right now is collecting money from the dictator in
Saudi Arabia through the golf tournament he just went to
at his place, the Dural country Club near the Miami Airport.
How are you going to enforce the emoluments clause of
the Constitution because none of us have standing the court
say to bring it. Only Congress could do it. That's

(01:20:19):
not going to happen. His parties in control there, We're
going to quickly discover there are significantly larger problems in
our constitution because it was based on the premise that
people of goodwill would run the government, and we now
have someone of ill will.

Speaker 1 (01:20:35):
David, I'll let you go. Thank you, grateful for your time.
Always next week, look forward to next week, Wednesday, next week, Wednesday,
next week? All right, David k John's thanks David. I
love it the Mark Thompson Show. I love that David
got some love from de Lette. David always has a

(01:20:58):
calm way of describing the up coming doom.

Speaker 3 (01:21:05):
You know, panic about doom. It can be calm about it.

Speaker 1 (01:21:08):
Oh my god. It is true. Man, these are scary times.
But I'm I'm hopeful that uh you know, let's uh,
this is a from Pamela Kirby. We have she's an
og of this show for a five dollars super chat.
Thanks Mark. Mark Thompson Show is too factual and professional

(01:21:30):
for the likes of Maga, Lunatics, red Card all trolls,
hands off our show. Yeah, it's thank you. Pamela A
for the support and a big shout out to you
for being so supportive from you know, the very beginning
this show. It's I don't mind pushback. I kind of
enjoy pushback, and it can be those dialogues can be

(01:21:52):
really interesting. But yeah, trolling, I don't have time for it,
and I just I'm just too tired. I can't deal
with it anymore. So thanks for the love. Love the show, says,
Long Gone Sam, what up? Long Gone? Sam? Would give more,
but playing SSI roulette gulp to save money for the

(01:22:14):
after party. Yeah, yeah, yeah, all of a sudden, Kim is.

Speaker 3 (01:22:21):
Roulette. That's about the size of it.

Speaker 1 (01:22:22):
That is the size of it. It is brutal, it
is it's deeply troubling, and it's a it's a time
that no one can really, you know, give us a
sense of what what may happen, you know. Sushi Role
says Trump sells himself as the ultra patriot, the truth,
God's anointed and appointed, the fighter of the faith, the

(01:22:46):
last hope, the answer to every problem, et cetera. Yes,
he does, Sushi role, he does, and that's his pitch,
and it seems to have been adopted by many people.
A lot of people are on board with that, that
entire pitch. So the I wanted to see if there's
anything else and then I can make a move, Dot says,

(01:23:11):
always make sure I catch David K. Johnson. Glad you
gave the shovel to the troll. They are not about information,
only about picking fights over lives. Yeah, thank you, Dot,
that's really cool. Thanks for the love. Uh, Tony, did
you get your computer up and up and running? Now? Okay?
That's when they had the Dodger clip and stuff. Oh cool,
So do you have that? Did we We didn't run

(01:23:32):
the Dodger clip though, did we did it? Okay? Can
we run it? You got it? Okay. So one of
the things that Donald Trump enjoys, and to be fair
to Trump, I mean, this is something that every president does.
You know, they welcome the winners of the World Series
or the Super Bowl, et cetera. It's a very Americana thing.
And Trump, of course luxuriates in this because it's a

(01:23:54):
it's he's a photo op president, right. He is sort
of playing President's the theater with President that Trump really
is best at when you actually have to be president
and administer to the nation. And actually manage the American economy,
manage American trade, manage the American military. That's the stuff
he is not good at. He is he knows nothing.

(01:24:15):
He's vacuous, vapid, and without a clue. So that doesn't
mean he doesn't do things. He does things on ten
that's the problem. But the things that he's really good at,
not the management stuff, not the administering stuff, but the
photosop stuff with baseball teams and football teams who come
to the White House. So here he was with the

(01:24:36):
Dodgers yesterday. Congratulate Max, Max months.

Speaker 9 (01:24:42):
You're.

Speaker 6 (01:24:47):
Farms are very strong.

Speaker 3 (01:24:48):
One I touched him.

Speaker 9 (01:24:50):
I'm used to shaking politicians and hitting their armors like jello,
and now it's like and now it's like steel all
these guys.

Speaker 1 (01:24:59):
But Max, it's great.

Speaker 9 (01:25:00):
And also Yoshi, lookie, that guy can play Canny. I mean, unbelievable.
You really, uh mookie is I've been watching it. I
don't want to say I watched him when he was
on Boston, but I did.

Speaker 1 (01:25:21):
I didn't think. I didn't think that.

Speaker 9 (01:25:23):
Was a particularly good trade when they made it, and
I happened to be right. And Max Muncie, I want
to congratulate innings with announcement.

Speaker 1 (01:25:32):
All right, well, there you go. That was Donald Trump
with the Dodgers. We have Los Angelinos who are viewers
of this show, and you'll appreciate your team now with
the with the President of the United States. By the way,
the Dodgers probably a better team now than the team
that won the World Series last year, so they may
be making a return trip to the White House. And

(01:25:54):
the Giants fans with many in the Bay Area who
love their Giants. Yes, I don't know if there'll be
any White House visits in the Giants future, but they
can still put up a hell of a show and
looking forward to that. All right, Kim will now do
the second half of her newscast, and before we get

(01:26:16):
to that, Tony I wondered if we if I have time,
I think I do to update Mars Madness. Can you
grab the latest screams and we'll lark Madness. Yeah, here's
the update. You know, in Marx's Madness, we pitch two
sound drops against each other. Our drops are part of

(01:26:37):
the show. And Tony will now show you. In the
first hour it was going back to Texas? No is that?

Speaker 3 (01:26:46):
What was?

Speaker 1 (01:26:46):
Hang on a second in the first hour, it was Fauci.
You do not know what you're isn't that right, Tony?
All right? Can can I can? I? Yes, this is
the first hour.

Speaker 3 (01:27:00):
Alright, thank you, girl, baby girl.

Speaker 1 (01:27:01):
Nobody wants to nobody wants to come on board, all right? Yeah,
So AOC in the first hour, oh girl, baby girl,
don't even play that is going up again. This is
in the first hour. This is the sweet sixteen of Fauci.
You do not do not know what what you were
talking about? Okay, so you do not know what you're
talking about against girl, baby girl. And right now that's

(01:27:23):
a pretty close race. Fifty eight percent for AOC and
forty two percent of the votes for Fauci. Now we
go into this work's madness. Yes, I'm told this is
the beginning of the Elite eight. You'll vote now for either.

Speaker 2 (01:27:43):
Y'all can all go to Hell and I'm going.

Speaker 1 (01:27:44):
Back to text, or you'll vote for we could try
ignoring us again. You will vote for either y'all can.

Speaker 2 (01:27:51):
All go to Hell and I'm going.

Speaker 1 (01:27:52):
Back to text, or we could try ignoring us only
one moves on from the Elite A going back to Texas.
Or we could try ignoring it vote until midnight tonight
Pacific time three. Yeah, it's a tough one.

Speaker 3 (01:28:08):
I mean, who doesn't love the Texas Lady.

Speaker 1 (01:28:11):
I love that.

Speaker 3 (01:28:12):
I'm gonna try ignoring it has its own coffee cup.

Speaker 1 (01:28:15):
Oh yeah, we could. I didn't think of that.

Speaker 2 (01:28:17):
You could try ignoring it.

Speaker 1 (01:28:19):
Yeah, thatst.

Speaker 2 (01:28:22):
Hell, and I'm going back to Texas.

Speaker 1 (01:28:24):
A plane to Baby, we could try ignoring it. That's right.
That is from the Exchange Airplane to Good Good Knowledge
from time. I love that movie. It was very funny.
First it was better, but yeah, yeah, no, I thought
that it really was very very good. We got what's
the other Shatner drop we have from.

Speaker 3 (01:28:43):
No Picnic, No Summer Cat.

Speaker 1 (01:28:45):
Yeah, that's that's uh, that's from t J. Hooker. That's
TG Hooker, right, Shatner never you know, never disappointed anyway.
Right now, it's it's ignoring. You could try ignoring it,
so that may that may do it, But I love
that you can.

Speaker 2 (01:29:01):
All you can all go to hell, and I'm going
back to.

Speaker 1 (01:29:03):
Sexas to Me is one of the great quotes. It
was done outside of a courthouse and her son had
just it was a terrorism related thing. I think it
was some he's some maga guy. I think maybe it
was a prosecution related to Jay six or something. I
don't know. I forget, but I remember it was her son,

(01:29:25):
and she was there in the courthouse and the press
descended on her and they asked her a bunch of
questions and she finally just said, you can all go
to I'm going back to Texas. So that was that,
all right? Smashed to like button like that with your
iron rod. Yeah, give us a thumbs up, and do
subscribe to the show. Share maybe even David K. Johnson.
We drop it as a video. Share it across your

(01:29:46):
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(01:30:08):
this doesn't affect you, don't worry. But if you are
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Don't go through the app. App is bad, app bad.
I got a couple of emails about I don't quite
understand is the app shitting no, don't go through the app,
all right, So the Patreon app don't even you know,

(01:30:28):
don't even play. As AOC would say, I mean, don't
go through that Patreon app. Girl, baby girl, don't even
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Show dot com and then click on support via Patreon
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(01:30:50):
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You really do sustain us. That's why we run your
names at the end of every show. Kim's News when
we continue Mark Tompson Show, The Mark Thompson Show, on The.

Speaker 3 (01:31:13):
Mark Thumpson Show, I'm Kim McAllister with news part Due.
Stocks are lower on Wall Street as concerns remain over the.

Speaker 1 (01:31:22):
US say that yeah, liberal tariffs.

Speaker 3 (01:31:24):
Yeah. White House says it'll impose a one hundred four
percent tariff across every Chinese import starting tomorrow, one hundred
four percent what it comes after China announced retaliatory tariffs
against the US, with Trump promising to raise duties against
the country if they don't remove those tariffs. MAGA apparently

(01:31:45):
turning on Supreme Court Justice Amy Coney Barrett because she
sided with liberal justices going against Donald Trump. This came
in the conservative majority Supreme Court five to four decision
on the Enemies Act. So the Act is being used
to deport Venezuelan gang members, but the Supreme Court limited

(01:32:08):
its authority to allow the accused reasonable time to go
to court and challenge the case against them.

Speaker 1 (01:32:16):
So yeah, no time. I mean they were given no time.
So yeah, exactly.

Speaker 3 (01:32:21):
Amy Cony Barrett decides what the liberal justices and apparently
the right wingers are coming after her something fierce. She
has had pictures of her and her family posted, her
kids posted, So the thought is that MAGA is now
turning on her and coming after her kids.

Speaker 1 (01:32:38):
This is the real danger in America right now. I
don't think it should be underplayed at all, and I
don't think it can be overstated that there is a
physical danger that legislators and judges and anyone who steps
out of line is now facing down. It is a
scary time in this country. There is a real sense

(01:33:00):
that my family could be threatened if I step out
of line with magnation, and this is really unprecedented in
my lifetime. I understand there has been this stochastic terrorism.
There's one offs here and there through time. I mean,
you have, as you know, we are, you know, famous
all the world for school shootings, for shootings in malls,

(01:33:21):
and all the rest of the things that come with
the proliferation of a weapons in this country. But what
is happening now is a kind of threat of political violence,
and it really has to be something that we focus on.
And yet the party in power benefits immensely because those
who are threatening the violence are supporting the party in power,

(01:33:44):
so you have no real governmental slap back on it.
And for that reason, I really am concerned about it.
So that said, in a way, this falls into cleanly
that category, which is step out of line, Miss Barrett,
Justice Barrett, and we will threaten you and your family.

(01:34:05):
It's a chilling, chilling thing to consider, but it's very
much of the moment in America.

Speaker 3 (01:34:11):
President Trump's special envoy to the Middle East will reportedly
negotiate with Iran regarding its nuclear program on Saturday. This
comes after President Trump said the US would be speaking
with Iranian officials on Monday. Iran's foreign minister said the
talks will be indirect in Oman, although the United States
has insisted no these discussions will be direct. Elon Musk

(01:34:34):
is calling a key advisor to President Trump a moron.
Peter Navarro claimed Tesla is not a car manufacturer and
instead is a car assembler that puts vehicles together with
parts from other countries. Musk said what Navarro claimed is
demonstrably false. He said the trade advisor is dumber than
a sack of bricks and said his company is the

(01:34:55):
most vertically integrated auto manufacturer in the United States. So
there you go. Pierre Navarro was tangling with Elon Musk.

Speaker 1 (01:35:03):
It was a food fight between those two. Navarro is
is mentioned by W. K. Johnston. He's just a he's
a blowtorch, you know, he goes on. He's a media
darling because he doesn't blink. He just keeps coming at
you and he literally makes the stuff up. Well, look
at what he did when he's citing this economist that
David K. Johnston talked about it. He's been citing this

(01:35:25):
economist for years, who's completely invented. It's a fake economist.
He took his name, reversed the letters, and he made
up this economist crazy.

Speaker 3 (01:35:36):
At least twenty seven people are dead following a deadly
roof collapse at a Dominican Republic nightclub. Former Major League
Baseball player Octavio Dodal among those pulled alive from the
rubble here. Local media reports in the Dominican Republic say
at least one hundred and twenty people were injured in
the early morning incident today. The sister of retired MLB

(01:35:59):
star Nelson Crewe reportedly killed in this accident. Rescue crews
are still searching through the debris for survivors after that
roof came down Here in the Wine Country, a multi
million dollar grant aimed at wildfire prevention in Napa County
is being pulled off the table. Local officials say a
federal grant program designed to help reduce the threat from

(01:36:20):
wildfires has been canceled for the count Federal officials call
the thirty five million dollar grant program a waste and ineffective.
Napa County, by the way, sees wildfires every year, if
not every wildfire season. Monday marked three months since the
start of the Eton Fire in southern California, and not

(01:36:41):
one building permit has been finalized in Alta Dina, Los
Angeles County Supervisor Catherine Barger, saying it's totally unacceptable. She
also says more than fifteen hundred properties are ready for
rebuilding and they're just sitting there waiting for permits. The
process could be sped up soon because today Los Angeles
County Board of Supervised will vote on a motion to

(01:37:01):
create a permitting authority. San Francisco could be losing some
of its public restrooms. You know what happens when that happens.
The city's thirty public restrooms, known as pit stops, could
be downsized in the coming days as San Francisco looks
to close a widening budget gap. Yeah, there's the pit stop.

(01:37:21):
A lot of homeless people use the pit stops, and
if they don't have the pit stops, then what.

Speaker 1 (01:37:26):
Happened they got?

Speaker 3 (01:37:28):
Thank you?

Speaker 1 (01:37:29):
Really awful.

Speaker 3 (01:37:30):
Yeah, it seems to me that in our budget dealings
we need to make room for the pit stops.

Speaker 1 (01:37:36):
I don't know.

Speaker 3 (01:37:38):
Congestion pricing is staying put in New York City at
least well into the fall. The MTA and Trump administration
have apparently come to an agreement to allow congestion pricing
tolls to remain through at least late October. The new
timeline will allow the case to go through the courts.
Federal transportation officials initially ordered an end to this controversial

(01:37:58):
toll in March. The both the MTA and Governor Hokele
say they feel they're on solid legal ground and they
will defy any order. Is it so strange for a
president to be sticking his fingers in local politics? There?

Speaker 1 (01:38:13):
It is. I mean, typically it's not something that's done,
but I think this president likes to stick his fingers
in as much as he possibly can.

Speaker 3 (01:38:22):
Oh goodness, televisions, and I mean that in every way. Yeah, yeah,
I know, you do television. Sports personality Stephen A. Smith
says he is leaving all doors open in regards to
a presidential bid. Smith said him from the sports desk
to the resolute desk. Smith said in a post on

(01:38:42):
his ex profile. Life is great and he hates the
thought of being a politician, but he is sick of
this mess. He has been critical of both sides at times,
both pushing for the Democratic party to refocus on key
issues for voters, as well as going after the GOP
for entertaining the idea of a third Trump term. So
Stephen A. Smith may be running for president.

Speaker 1 (01:39:04):
I mean, it's a real reflection by the way, just
in the way that Trump ascended to power, that we
are very influenced by name recognition, by the media imprint
that we have of someone. Trump's image was crafted, as
you know, by Mark Burnett in The Apprentice, and the
slow motion shots of him walking out of the plane

(01:39:27):
that said Trump, out of the helicopter that said Trump,
into the gold laden building that said Trump. These were
always in which you could burnish this image of Trump
as a successful businessman on the American TV viewing public.
It was wildly successful, number one show, and it created
the impression of Trump which is the opposite of truth,

(01:39:48):
which is that he was a successful businessman. He was not.
He's a failed businessman, a wildly failed businessman. So wildly
successful is what we see on television. Wildly failing is
what he is in real life. And this is not
a Stephen A. Smith kind of where we are with
Steven A. Smith. We don't really know much about Stephen A. Smith,

(01:40:09):
we get his takes on the Celtics chances this NBA season,
whether the Warriors will really and Steph Curry can really
make a charge, and we can get all of his
thoughts across the sports spectrum. And by the way, he's
a smart guy, so I'm sure he probably has some
really clean takes on politics and the world at large.
But you know he is as a legislator, what he

(01:40:31):
knows about government that may be fairly shot, and not
to be fair to him, he could maybe be brought
up to speed on that pretty quickly. He's probably a
quick study, and he's probably a good study, unlike the
president that we have. But I come back to the
original point, which is he's a media figure, and increasingly,
I think what you're finding across the globe and certainly

(01:40:52):
in this country, is that people spark to people, they
know people, they feel good about media figures. You know,
the Doctor of the world, the Oprahs of the world,
and you know we've seen others try to make that charge.
Who is the Crew de Tae guy, doctor Oz. He's
now running an administering medicaid, I believe, and so you

(01:41:14):
know he finds his way into government now Again, these
may be smart people, some of them misguided, but smart.
I suspect. Just in closing, I would say your honor
that it is true that Stephen A. Smith is a
smart dude. But more to the point, it is less
about public service. It's less about government, it's less about

(01:41:36):
legislative knowledge, and it's more about what you have as
a median name and what you have in terms of
momentum in public and in public forums like Twitter and Facebook,
et cetera. It's that following that you can bring to
an election and actually maybe succeed. That's what succeeded with Trump,

(01:41:57):
and if he could get a sufficient around him, it
might work for Stephen A. Smith.

Speaker 3 (01:42:04):
The iconic Victorian house from the show Full House in
San Francisco has sold for six million dollars. It's a
lot of money for that house. It's located on Postcard Row.
The four bedroom home originally listed at six and a
half million just last June. Fans will recognize its famous
front door and bay window through the interior scenes on

(01:42:27):
that show. They were filmed on a Hollywood set, so
it's just the outside that we know. The house was
built in nineteen hundred. It was renovated in twenty nineteen,
previously owned by show creator Jeff Franklin, who sold it
for just over five million, and twenty twenty so it's
another got up another million in just what the last
five years? Do you you want to live in a

(01:42:48):
house where people are constantly standing at the bottom of
your stairs looking up. I mean, this is a throng
of tourists always at the bottom of your stairs, this
place you'd kick you know, they can't get away from
the people coming by here.

Speaker 1 (01:43:02):
That's a good point. I didn't consider that you're being
constantly besieged by tourists.

Speaker 3 (01:43:09):
Wertly people taking pictures of your house. People standing at
the bottom of your steps, people constantly parking in front
of your house to look six million dollars for that
hassle of that.

Speaker 1 (01:43:19):
Yeah, yeah, I mean you really just want I mean
some people might really get off on that, you know,
they might love the kind of the the high profile
nature of the house. But I'm with you, like, I
don't want people hanging out.

Speaker 3 (01:43:31):
No, no, who really does.

Speaker 1 (01:43:33):
Yeah, we live here and we don't we appreciate that.
You guys take a picture and please move along.

Speaker 3 (01:43:38):
You see, you've seen the guy from The Sex and
the City house where they film the exterior of Sarah
Jessica Parker's you know, Tribeca Loft or whatever it was,
and people are the guy is constantly telling people, I
live here, leave me alone.

Speaker 1 (01:43:53):
I don't mean the laft really is a problem. You know.
I used to live next to a Scott who's the wrapper.
Yeah yeah, yeah, and but but his but nobody really
knew or he lived. See this is as you say,
these are TV and and and you'd see, like I
lived on that same road. About a half mile down

(01:44:14):
was Jim Carrey and stuff. Yeah, there's Travis Scott's place.
So thank you Tony for putting it up. Oh my god,
my place literally, okay, I'm not exaggerating. My place literally
was the size of maybe one of his floors, you know,
like that top floor. Maybe my house was that size. Okay,

(01:44:36):
though you had Oh my god, the view was great,
and the view on my I was going to make
it up that hill, I'll tell you. Tony used to
come up and it was spectacular view. I missed that house.
But of course the neighborhood burned. His house was fine
because it's all concrete and glass. As you can see
in the But anyway, to to the point what Kim

(01:44:57):
is saying is right, when you're when you're street or
you're on some show, your house exterior is shown. Everybody
then knows where it is, what it looks like. They're
seeking it out. So in the case of Travis Scott,
my neighbor's house, they didn't know, you know, what it
looked like, they didn't know how to find it. There
was just you know what I mean, it wasn't on
a TV show, the full House House. They all know

(01:45:21):
what it looks like, and it's kind of taken on
this this mythology and people seek it out and there
it is in San Francisco, and so you have to
buy into that mythology. By the way, I have the
Gooney's House as well. Yes, yeah, strong, good quickly can
I follow Kim being told? CC writer says Ron Filapowski

(01:45:42):
on Miight's Touch called out stephen A smith Mark because
he promoted gop lies about January sixth on his YouTube channel.
I did not know that. Thank you for that. Also,
stephen A is kind of a clown, says Sam m
That apparently, though, is not deal breaker. Yeah, that's right.

(01:46:03):
You can still be president and be a clown on
Stephen A. Smith. Oh, this is not a step and
I Smith stupid question. But doesn't the federal government get
the money from the tariffs? Yeah, the federal government does
get the money from the tariffs. But not a stupid
question at all. I mean, that's that's the tariff money
we pay when we buy this stuff, and the tariff money,
the tariff money is paid by the importer who's importing

(01:46:25):
the Chinese goods and then either passes that charge on
to us or doesn't. Chiech and Chong in twenty twenty eight, Kim,
that is the call from Man from the West for
twenty Yeah. I guess man from the West four twenty
has Yeah has that We know who Man from the
West four twenty voted for in Mark's Madness. Yeah.

Speaker 3 (01:46:47):
I was there to stay before I do my last story. Yeah,
about Dolly Parton, I will say you just mentioned the
tariffs again, and I will say that now it seems
like the GOP is churning on each other. There's a
story that popped up about this GOP Senator Tillis Tom
Tillis Tom till he's facing re election and he's issuing

(01:47:08):
this big tariff warning, He said, who do I get
to chow? What throat? Whose throat do I get to choke?
If this proves to be wrong, you have eight GOP
senators that are now looking and turning around at Trump
and going, what are you doing?

Speaker 1 (01:47:22):
That's it.

Speaker 3 (01:47:23):
It seems like maybe there's some trouble in paradise in Magaland.

Speaker 1 (01:47:27):
Well, you've got Chuck Grassley from Iowa, Mitch McConnell from Kentucky,
I mean, Jerry Moran, as you say, Kansas, Murkowski and Alaska,
Todd Young from Indiana, Tillis you mentioned North Carolina, Susan
Collins from Maine, and they're basically saying, hey, mister President,
you don't have the power to institute these tariffs. And

(01:47:50):
of course they're right. But Trump has had the power
seated to him by Congress. But now you have members
of the Senate that are beginning to push back. We'll see,
but they'll have to they'll have to have a congressional
vote to get it. Interesting though there might be some

(01:48:11):
cracks in the foundation.

Speaker 3 (01:48:12):
Yeah.

Speaker 1 (01:48:14):
Mark Thompson for president in twenty twenty eight. Thank you,
any b file.

Speaker 3 (01:48:19):
All you need to be is a media personality.

Speaker 1 (01:48:21):
You've got, I got a little ways to go.

Speaker 3 (01:48:24):
No, you're well known, we'll sell it.

Speaker 1 (01:48:27):
Sure. Well, okay, there's that on Stephen A. Smith again,
Kim Lmfaooh no, Mark, he's not smart Steven A. Smith.
It's like a radio personality bragging that he can be
a mechanical scientist.

Speaker 3 (01:48:43):
Really neither is Trump. But that problem is you discount
these people who really have no qualifications to be president,
but they have a name, name recognition, and all of
a sudden you turn around and they're, you know, rising
in the rankings.

Speaker 1 (01:48:56):
That's what I was saying. Kim is saying is echoing
what I'm saying, that we really live in a media
environment that rewards the profile of the person more than
the qualifications of the person. But to say how high
profile they are really is what they weigh in with
with the most heft, not what they bring to the

(01:49:17):
party from the standpoint of what they really do. And
of course, Trump, to his credit, is such a great
bs artist that he had the sense I know the
best people. Let me tell you, I've forgotten more than
you know most ever know. I know you know, I
know more about terrorism and how to hunt it down
than any of the generals. Do I know more about
the economy, I know more about the courts, et cetera.

(01:49:37):
And again he tapped into kind of an anger, he
tapped into suggest to all kinds of prejudices. I'll just
put it that way, that the American people have and
continue to be part of our culture. And he was
able to ride that to victory and then and now
he's really I think gained momentum as a result of

(01:49:59):
what I was talking about BEF, which is the many
who've been cowed by threats of violence, judges, legislators, et cetera.

Speaker 3 (01:50:07):
So lastly, there is a new petition to rename the
Nashville International Airport in honor of Dolly Parton. Supporters of
the change of the name for Parton have gathered nearly
fifty thousand signatures on a petition to rename the airport.
The petition organizers believe renaming the airport after Parton would

(01:50:28):
be a fitting tribute for her impact on Tennessee and
on the world. There's a channel Fox seventeen in this
area reporting The petition was created in response to a
previous proposal to rename the airport after Donald Trump, which
faced resistance and ultimately God failed to move forward. They say,
departon with Parton.

Speaker 1 (01:50:46):
Yep, I love it to partner with pardon. I'm for it.
I'm going to Nashville in just two weeks, I think,
I really Yeah, later this month, I'll be in Nashville,
and I love my Dolly, love to see it happened.
It's uh, it's it's a wild idea, but.

Speaker 3 (01:51:03):
It wild Dolly Parton. There you go?

Speaker 1 (01:51:10):
How about that? Yo? Yeah?

Speaker 3 (01:51:12):
This report is sponsored by Coachella Valley Coffee. We'll do
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Speaker 3 (01:52:48):
I'm Kim McCallister. And this is the end of the
Mark Thompson Show News Part two.

Speaker 1 (01:52:53):
There you go the Mark Thompson Show.

Speaker 2 (01:52:58):
This is Mark Thompson.

Speaker 1 (01:53:04):
Christians.

Speaker 2 (01:53:04):
I love you, Christians.

Speaker 3 (01:53:06):
I'm a Christian. I love you.

Speaker 1 (01:53:09):
We'll do it.

Speaker 2 (01:53:09):
Line, I can go all right and I will do it.

Speaker 4 (01:53:12):
Line. It was wrong, it was stupid, and I'm trying
to be a better person.

Speaker 9 (01:53:18):
So you Readia pays cash.

Speaker 1 (01:53:21):
Yeah, so Arabia pays cash. Maybe the the word of
the day. Quickly, I want to update a Marx madness.
It is Marx madness. It is something hot. It's going
down right now. You'll vote for one of these two.
Either you can't Oh sorry, I am that's my fault.

(01:53:44):
I am muted that.

Speaker 8 (01:53:45):
You can all go to hell and I'm going back
right that, or we could try ignoying this.

Speaker 1 (01:53:49):
That's right, or again.

Speaker 2 (01:53:51):
You'll vote you can all go to Hell and I'm
going back to Texas.

Speaker 1 (01:53:53):
Yeah, you could try agnoying this, it's ignoring it, or
going back to Texas. You can vote until three am
from the Eastern time in the midnight Pacific time. It
looks as though try ignoring it is pulling ahead of
going back to Texas sixty seven percent to thirty three percent.
The tighter contest is AOC Baby Girl and Fauci do

(01:54:16):
not know what you're talking about? Fifty nine percent for
AOC and forty one percent for Fauci. Fauci. The fouch
may go down on this one. I feel like I
do not know what you were talking about either.

Speaker 7 (01:54:30):
That or the Aoci girl, Baby girl, don't even play man.

Speaker 1 (01:54:36):
She feels like she's going to the next round, doesn't she. Yeah,
I think this is the Elite eight. That's where we
are on Mark's Madness today. A Christmas Story that house
someone bought and made it into a museum of the movie,
says west Theory with a five dollars super chat. Thank

(01:54:56):
you Wes og of the show. And it's true. It's like,
if you want to go with the publicity, It's what
I was saying to Kim before. If you want to
celebrate the full house publicity, you turn your house into
a tourist place. You set up a gift shop or
whatever it might be. That's a totally different thing, right.

Speaker 4 (01:55:16):
The Christmas Story house, I believe, is like Airbnb, so
you can like waste that night stuff like that.

Speaker 1 (01:55:21):
I believe I didn't know that. That's great. And thank
you Wes for the five dollars supersticker. Appreciate that. A
shout out to you Vicky and Sauce. Alito, says high Mark.
Things are so stressful right now. Thanks for being there
for all of us. Oh, thank you well, thank you
Vicky for your support and for allowing us to be here,

(01:55:41):
so thank you, Vicky and Saucelito is an og of
this show. Also, there is your Christmas House, the house
from a Christmas story. If you wanted to rent it
for Airbnb, spend the night in the Christmas House, the
house from a Christmas story.

Speaker 3 (01:56:00):
That's fun. It's like a full on embracement of the
reason that house that's famous, rather than trying to turn
it back into a private residence where it's always going
to attract attention and be annoying.

Speaker 1 (01:56:11):
I don't know that embracement is a word, but I
nonetheless wilding it all right, I have Dolly Parton for
president in twenty twenty eight. I'd love it. Dolly seems great,
It would be terrific. But Kim is right about sometimes
you just got to. But the problem is, you know,
buying a house in you know that neighborhood where the

(01:56:31):
full house the house is, and you spend four million
for it or six million for it, You're not you
want to live in it, don't you mean?

Speaker 3 (01:56:38):
Same thing with the Missus Doubt fire house in San Francisco.

Speaker 1 (01:56:42):
Right, Missus d Fire There's another one. Yeah, on the
right wingers who are threatening various judges, and in this
case Amy Coney Barrett, most recently for stepping out of
line with what they consider Maga Nation. There is this
in lays, these are not right wingers. I am a
right winger. We are for law and order. That's maga.

(01:57:06):
Please separate that. True Republican right wing want judges to
be non political. I would, of course, and I even
made the point that the thing that's happened is Maga
nation has risen up and they're the threat, no question
about it. I mean, if you really are a right
winger and a traditional GOP here, this has to be

(01:57:28):
a weird time because you're kind of the only guy
left at the party. Everybody else has gone over to Maga.
They're all at enablers, and they're all explainers, and they're
all rationalizing and beginning to dance to the weird beat
laid down by the mad King. But you're right. I mean,
I'm a law and order guy too. I always call

(01:57:48):
myself a law and order lib. You know, I'm a
tree hugger. I care desperately about the environment, but I
also believe in strict law and order and in meaning,
I want our cities to be ruled by laws that
are really enforced. I don't think you can have the
kind of a crazy the stuff that's happened a lot

(01:58:12):
in Los Angeles, San Francisco, Sacramento. And this is in
the West where you find homeless encampments in engulfing entire regions,
business districts, et cetera. And there have to be alternatives
for these people too. It's not just a question of
sweeping them up. And there have to be alternatives for
those who are unhoused, who are homeless. But when you

(01:58:32):
talk about robbery, you talk about the smash and grabs.
I mean, this is intolerable, can't continue. But again we
come from opposite sides of the aisle. I mean we
may overlap on the law and order questions, but I
don't see how you in any way can be cool
with the GOP. They have completely put themselves in the

(01:58:54):
MAGA camp. So, as I say, you may be the
last guy at the punch bowl because everybody else has
been drinking it. Amy P with a supersticker for nine
ninety nine ten bucks from Amy P. Thank you, AMYP
in a big shot up Yeah and Karen Colms love
you guys. Thanks for bringing real news and some fun.

(01:59:15):
Come on, Karen, thank you for the ten dollars. Super
super uh chat chat. Thanks a lot. That's really cool,
Karen Amy love going out. Where would I be without
my ladies on this show? Nasdaq only down five hundred,
says Blue Spark. Happy days are here again. Yeah, and

(01:59:39):
no one can be against Dolly, says West Theory. She
is non political and everyone loves her. Yeah, it's true.
She's managed to stay clear of politics, and her heart
is so clearly it's I'll just say clearly. Seems to
be in all the right places. She's collaborated with so many,
so many, She's just a wonderful talent. You know. So

(02:00:02):
Biden has economic advisors and Trump is his only advisor,
says Pam Pierce. I think that is true. I don't think.
I also believe last thing on this that Trump surrounds
himself now with loyalists, with yes people. And whenever you
surround yourself with yes people, no matter what you're doing,
it's a mistake. I mean, have you seen movies where

(02:00:24):
some guy wrote, directed, produced the entire thing, and by
the way, there are that We've just seen White lotuses
that and it's brilliant. Okay, but you can see those
who are just surrounded by people going gosh, I love
that shot. Yeah, I love that great job. Oh my god,

(02:00:45):
it looks great. Got nothing, you know, I think when
you surround yourself with yes people, you are likely going
to end up with a failed project. What is that, Tony?
I would say the Star Wars prequels. That one told
George Lucas, no, there you go, there you go in
Tony's world, the Star Wars prequels, it could have been good,

(02:01:07):
and then the Disney went, yeah, I like we can
engage Tony on some of the Star Wars stuff. He's
got a very you know, Star Wars gaming. Look at
look at his Yeah, he lives at a Dave and Busters.
That's out in the Chios. That's where he lives. Kim
McAllister for president in twenty twenty eight, I'd go for them.

(02:01:29):
I'd be happy. Yeah, I'd be very happy with Kim
as president. Not a problem.

Speaker 3 (02:01:34):
I do think we should make a mom president. I
would like to see a mom president.

Speaker 1 (02:01:43):
I'd love well, you know, I would love to see
a woman run this country. I really would, but I
used to think that, you know, any I'd rather have
any woman over Man. But then people like Marjorie Taylor
Green started showing up at bow Bird. I don't wait
about it. I mean maybe giving too much. Yeah, all right,
I have to flip all the cards and call a

(02:02:04):
halt of things. I don't want to do it, but
I have to. But I will tell you that tomorrow.
John Rothman joins, If you want to tune in for
a good solid argument, John and I run around the schoolyard.
I mean, we'll discuss what's going on. We'll also get
a sense for what's happening and Albert. Tomorrow, the Commission

(02:02:25):
will update us on Mars Madness as we are in
the Elite eighth part of Marx Madness. Thanks Tony for
rallying a bunch of pictures and stuff today, Man, I
noticed it, and you really did hustle. I really appreciate that.
And Kim, thank you for hustling. Kim late to the party,
but once she got here, she really she brought it.

(02:02:45):
And I mean, I also.

Speaker 9 (02:02:48):
Want to know what happened to the pictures I was
supposed to.

Speaker 1 (02:02:50):
You still need to see those pictures exactly. The Laughter
Party Live is Natural after over good Law on the
After Party Live a Channel, and we'll see you tomorrow
with a Rothman and the shelf of Stevens for the
Mark Johnson Show. Bubba Belinda Weymouth will be here too
with us the Plane of Stupid Anthony Davis later this
week from the Minus Touch Network, A lot planned, big

(02:03:13):
week until tomorrow. Bye Bye

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