August 22, 2025 • 36 mins
Hour 1 of The Clay Travis & Buck Sexton Show kicks off with a dynamic blend of breaking political news, cultural commentary, and economic analysis. The hour opens with coverage of President Donald Trump’s scheduled media appearance from the Oval Office, where he is expected to address the declining crime rates in Washington, D.C. and make an announcement related to the 2026 FIFA World Cup, which the United States will host. Trump’s unscheduled visit to a nearby souvenir shop and his “Trump Was Right About Everything” hat also make headlines.
The hosts dive into the redistricting battles in Texas and California, highlighting how blue states have manipulated congressional maps to marginalize conservative voters. They cite Illinois as a prime example, where despite Trump receiving 44% of the vote, Democrats hold 14 of 17 seats. A New York Times study is referenced, suggesting the current map favors Democrats based on recent election data.
A major focus of Hour 1 is the FBI raid on former National Security Advisor John Bolton’s home, investigating potential leaks of classified documents. The discussion explores whether Bolton’s book was properly cleared and speculates on his possible role in undermining Trump through media leaks. Trump responds by distancing himself from the investigation, calling Bolton “unpatriotic” and denying prior knowledge of the raid.
The conversation expands into broader concerns about intelligence briefings and media leaks, referencing Senator Ron Johnson’s experience with the Hunter Biden laptop story. Trump’s strategic avoidance of briefings is framed as a tactic to prevent being implicated in leaks.
On the economic front, the hosts analyze the record-breaking stock market performance, noting a 30% return since April for those who “bought the dip.” They discuss Federal Reserve Chair Jerome Powell’s signal of a September rate cut, which could lower mortgage, credit card, and auto loan rates. The segment includes investment advice, emphasizing long-term index fund strategies and quoting Warren Buffett’s maxim: “Be greedy when others are fearful.”
The hour also features commentary on crime reduction in D.C., with Trump attributing the success to the deployment of the National Guard and local police. The hosts suggest red-state governors may adopt similar tactics in high-crime blue cities.
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Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Welcome in Friday edition Clay Travis buck Sexton Show. Appreciate
all of you hang out with us as we are
rolling through the Friday edition of the program. Lots of
fun things coming your way. President Trumps scheduled to have
a media availability and an announcement in the Oval Office shortly.
(00:23):
He has continued to discuss the rapid decline in DC's
crime rate, including in an unscheduled visit to a local
Trump para paraphernalia. I guess it would say Trump sort
of souvenir shop near the White House. He went over
in his Trump was right about everything hat and made
(00:44):
an unscheduled visit a little bit earlier this morning. I
am told part of the announcement that Trump is going
to make today not super significant, but is related to
the World Cup, which the United States will be hosting
next year. And we will have Andrew Giuliani, son of
(01:05):
Rudy Giuliani, on the program in the third hour to
discuss some of those details. All that coming your way
as we are talking to you. The state of Texas
is poised to remake the congressional map there the battle
with California now having a referendum to potentially remake their
(01:28):
congressional map as well. This is a fight that might
make sense for Gavin Newsom because it puts him more
in the center of the national stage. But unfortunately for him,
all of the blue states by and large have already
redone their congressional districts to effectively box out many different
(01:50):
parts of the overall landscape when it comes to red
state voters being respected even in locations that are you know,
like Illinois, where you have forty four percent of the
vote going for President Trump, and in Illinois, fourteen of
(02:11):
the seventeen congressional seats are in Democrat hands. So ultimately,
I think this is going to work to Republican favor.
As I said before, a study in The New York
Times says that the congressional map is a little bit
slanted in favor of Democrats based on the results of
the twenty twenty two and twenty twenty four elections. So
(02:31):
we will discuss some of that as that decision is
coming down. John Bolton a raid this morning. We will
break that down here momentarily, and we've got some fun
language changes that the Democrat Party is discussing. We will
have some fun with that for words that they say
(02:51):
that they no longer want to be included. But I
would say probably the biggest story as we start off
today is the fact that John Bolton's home was rated. Buck,
this is an intelligence related story, So I'm going to
tee it up for you as many different people are
(03:12):
out there reacting to this. Bolton has been a prominent
Trump critic and and this raid seems designed to investigate
whether he has been a source for the leaking of
classified documents, both in Trump one point zero and maybe beyond.
Is that a fair assessment in your mind, Buck, of
(03:34):
what exactly is going on here.
Speaker 2 (03:37):
Obviously we need more details to really understand everything that's
that's going on with this, But I gotta tell you,
I mean there's a few things that jump out at
me right away. One is that there's a he wrote
a book, right and in this book he he says
he got it reviewed. And I mean, look, this is
(04:00):
a former Trump guy too, so it's interesting because he
was a Trump national security advisor. It's not a Democrat
who had his house raid rated. So they've searched his
home and his office of John Bolton. Have you ever
done a hit with Bolton? Clay, I actually did.
Speaker 3 (04:13):
I don't think so.
Speaker 2 (04:14):
I don't know him.
Speaker 1 (04:15):
I've never met him. I don't think I have any
any interaction with him in any way.
Speaker 2 (04:20):
Well, yeah, so I've I've met him a couple of times.
The investigation in Bolton, according to New York Times, here,
seeks to determine whether he illegally shared or possessed classified information. Uh,
and that's pretty much what we've got. There are a
few things that could be at issue here. One is
the book that he wrote, and the book he says
(04:41):
was cleared. I've been told that there's something about a
verbal clearance that he received for it. Basically, there may
be some dispute over whether the book went through and
this I went through this process. For any of you
who are wondering why has my book taken so long?
It was many mon months of just pure bureaucratic delay.
(05:03):
But I knew Clay I had to get under and
this is under both a NDA and under National security
statute that I signed to go to the CIA twenty
years ago that if I'm writing anything that touches on
my CIA experience, classified information, etc. You have to submit
And I had to get this letter. It's almost like
(05:25):
getting a clearance letter from a prosecutor, like you're good,
You're not under investigation anymore. I had to get a
clearance letter. Your book is fine. Without that letter, you
are liable for anything that is in that book that
the National Security Apparatus decides was classified. So the book
could be an issue. That's part one. I do remember
(05:47):
thinking I have to go and check on this team.
But I remember he got a book out very fast
after he was done with his time in the Trump administration,
so fast that I recall think king maybe he had
some kind of a buddy on the inside who moved
it along for him. But maybe maybe he played a
little fast and loose. I don't know. The other possibility
(06:09):
is that he had classified documents in his home. To me,
that would be so stupid, it's unthinkable except Biden, as
we all know from when he was vice president and
when he was a senator. But to be fair, Biden
did also have some dementia going on, so you know
there is we can't say he had dementia.
Speaker 3 (06:30):
And I think this.
Speaker 1 (06:31):
Is important, by the way, after the Trump and Biden
classified document scandals, if by chance you worked in former
intelligence and you were like, uh, oh, I've still got
some of these. You probably burned them or shredded them
or got ready rid of them if you have a
remotely functional brain, right. I mean, the idea that you
(06:52):
would continue to possess those is crazy.
Speaker 2 (06:55):
It's not hard to get rid of them. To keep
them would be That's what I mean. It would be
reckless beyond and look, General Petreus got hit on this one,
four star general and former CIA director. He got hit
for having classified outside of proper chance, So it does happen.
There was a CIA director a long time ago, even
though he's the director, not allowed to just kind of
(07:15):
have the papers all over his office at home, So
that's possible. I would think Bolton is too clever for that,
but maybe I'm giving him too much credit. The other thing,
which is probably the likeliest clay but the hardest to prove,
is was he feeding information classified information to reporters to
(07:36):
undermine Trump, who he had just been working for as
National security advisor. I think that's the likeliest, personally, just
the likeliest scenario of what the investigation is focused on.
But look, man, you never want those FBI guys and
windbreakers come into your house and I'm sure we'll get
more on this one. And it's it's just own you.
(08:00):
Cash Battel, the director of the FBI, beat it out.
No one's above the law. Trump's taking that serious or
his team is taking that seriously. Trump said he has
no knowledge of this.
Speaker 3 (08:09):
Yeah, I don't believe that, But I would say I'm.
Speaker 1 (08:13):
Saying, yeah, yeah, I would say the same thing if
I were president of the United States, I'll be like, man,
you know they got independence. I don't know anything about it,
but that's exactly what I would say. I do think
we should play the flashback here. Here is John Bolton.
For anybody out there that is freaking out. Here is
John Bolton saying after Trump's home at Mar A Lago
(08:34):
was rated, Hey, let's just wait and let the process
play itself out cut five.
Speaker 4 (08:39):
And I don't think he cared about the classification system.
I don't think he appreciated the sensitivity of this information,
and he didn't appreciate the sensitivity of how it was
often acquired the so called sources and methods. So this
had been brief to him before I arrived, it was
repeated frequently. I think it simply had no impact on him.
(09:01):
Whatever It's very hard to speculate on motive other than
that he liked cool things. He saw things that he
so he wanted to take them, and he was pretty
much able to take them, and not just on classified
information matters, on all kinds of things that crossed his desk.
Some days he liked to eat a lot of French fries.
Some days he took classified documents.
Speaker 3 (09:22):
He wanted them.
Speaker 4 (09:22):
Why did he want them because he could get them?
Speaker 5 (09:25):
Oh?
Speaker 1 (09:25):
Oh, whoa, Maybe he wanted them because he could get them.
Let me also clarify what I said. I don't know
that Trump is getting updated on every raid like this.
I think Trump knows the process which led to these
raids are going to happen. I would say probably cash
Ptel doesn't walk in and say, hey, tomorrow morning early,
(09:46):
we're going to be doing a raid. I'm not sure
Trump is getting the minute updates like that.
Speaker 3 (09:50):
I don't think.
Speaker 2 (09:51):
I think on his former National security advisor Clay, he
probably is.
Speaker 3 (09:55):
Now Maybe I.
Speaker 1 (09:56):
Think Clay I think killing him the exact moment that
they're going to happen, which allows Trump to say I
didn't know about it.
Speaker 2 (10:02):
I think that Trump, uh, maybe it wasn't in the
decision making process to do the raid. I think that
ag Bondi and Cash Pattel probably were handling that. Look,
this is also we see this with the DOJ and
with special counsel stuff and all this. They work for
the president, but there's this belief that they kind of
(10:23):
don't work for the president. But there's a Chinese wall,
so to speak, between them and the president. But no,
not really, you know. So it's a strange place for
things to be. I have to wonder if this is
actually going to I have to wonder, you know, what
the basis for this is, because to do this and
(10:43):
to have it go nowhere here, by the way, here
is Trump. Let's hear Trump talking about this. Play cut one,
go for it.
Speaker 5 (10:48):
No, I don't know about it. I saw it on
television this morning. I'm not a fan of John Bull.
He's a real said of a low life. When I
hired him, he served a good for is because, as
you know, he was one of the people that forced
Bush to do the ridiculous bombings in the Middle East.
The bolt. He you know, he he wants to always
kill people and he's very bad at what he does.
(11:11):
But he worked out great for me. Because every time
he doesn't talk. He's like a very quiet person, except
on television, who you could say something bad about trumpelways
do that, but but he really doesn't talk. He's quiet.
And I'd walk into a room with him with a
foreign country, and the foreign country would give me everything
because they said, I don't know, they're gonna get blown
up because John Bolton is in. He's a not a
(11:33):
smart guy, but he could be a very unpatriotic. I mean,
we're gonna find out. I know nothing about it. I
just saw it this morning. They did a rid Do
you accept the dog review on this? Yeah, they'll be
they'll brief probably today sometime, and I don't want to
I tell Pam and I tell the group I don't
want to know about just you have to do what
you have to do. I don't wanna know about it.
It's not necessary. I could know about it. I could
(11:56):
be the one starting, and I'm actually the chief law
enforcement officer. But I feel that it's set better this way.
Speaker 1 (12:04):
Let me say this too, Buck, I would say on
this front, I think Trump may not want to know
about some of this stuff because he doesn't want to
be blamed if it gets leaked. You ever been in
that scenario where you I hate sometimes knowing information that
I know is not public yet because I'm like, eight
people know this. If it gets leaked, somebody's going to
(12:24):
be like, oh, he's the one who talked, right. And
So I think one thing Trump learned about during his
first term, in addition to knowing that people like John Bolton,
who frankly he just didn't have the knowledge to know
who to surround himself with as staff, I think also
he learned that a lot of these briefings are being
done so that they can leak that they briefed the president.
(12:48):
That makes use to brief the president. But I think
one of the things that Trump found so frustrating was
his intelligence agencies would brief him and then twenty minutes later,
it's a story in the New York Times and he's like, man,
they set me up on this. Remember our buddy Senator
Ron Johnson has talked about this. I don't think it's
gotten enough attention. But he got briefed so the FBI
(13:11):
could say they briefed him on the Hunter Biden laptop story.
Speaker 3 (13:14):
If I remember correctly.
Speaker 1 (13:16):
They leaked that they had briefed him about the fact
that Russian disinformation might be going on, so they could
make it look like he was somehow a target or
involved in this. And so I think Trump may not
want those briefings because he just knows that the stories
come out and they're trying to paint him into a corner.
Speaker 2 (13:37):
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Speaker 6 (14:25):
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The Team forty seven podcast Sunday's at noon Eastern in
the Clay and Buck podcast feed, find it on the
iHeartRadio app or wherever you get your podcasts.
Speaker 2 (14:40):
Welcome back into Clay and Buck. We've got a lot
going on here on this Friday, so please weigh in
with us eight hundred and two A two two eight
A two on the phone lines. And also if you
want to do a talkback, get that iHeartRadio app. It's fabulous.
Some people are saying the most fabulous app and you
can send us a talk back there. Also, we're going
(15:02):
to focus in on more of what's going on here
with d C. Trump spoke about this. I think this
is I think this is pretty remarkable, and you can
start looking at the data. If they can keep this
streak going, it gets Clay harder and harder for the
anti Trump media to explain this.
Speaker 3 (15:19):
Right.
Speaker 2 (15:20):
It's like we talked about Clay very brave anti murder
and I stand right there with him, We both sit
there for this.
Speaker 1 (15:28):
I got of all the things that I've ever said
in my life and media in twenty years being in
favor of a reduction and violent crime as a negative headline.
I never would have believed could be possible.
Speaker 2 (15:41):
You could say a lot of things about Clay, but
he's not afraid to say that heinous criminal murders of
fellow human beings something he's afraid to stand against. And I,
like I said, I'll back him up on this. We're
both decidedly anti murder. And yet the national media that
as opposed to Trump, not even only the national it's
just the Democrat media in different places. It's really the
New York d C somewhat LA based media. Well, I
(16:05):
guess there's a lot of Democrat cities where they're all
anthy Trump. But you get what I'm saying. They're in
a tough spot because the numbers keep getting better for Trump.
This is cut too. He talks about what's already happening
in DC. Listen to the big guy himself.
Speaker 5 (16:17):
Look, DC is a miracle.
Speaker 3 (16:19):
What's happened.
Speaker 5 (16:20):
I mean, they can come up with fake numbers like
the Mayor's the like, oh no, it was going down
for twenty years. You didn't live here, you know, have
you been mugged? Okay? D C was a hell hole
and now it's safe and in fact, I put it
out this morning. It's I said, I hate to say
this because it doesn't sound very good, but there have
been no murders in d C in the last week.
That's the first time anybody's memory that you haven't had
(16:43):
a murder in a week. And I think the mayor
has to get on the ball because we have a situation.
She's a nice woman, but I'll tell you what, she's
got to get on the ball we have. I don't
I don't want to see phony numbers. DC had an
all time high list year of absolute total crime and
(17:04):
it continued pretty bad. And then we put some strength,
some strength into it, got the numbers down a little bit.
But we brought in the DC National Guard and we
couple them with the police and it has been amazing.
Speaker 2 (17:18):
Clay, how long how long before the numbers? And you
know what, I know what they're gonna say. You know
what they're gonna say, right, they don't trust Trump's the
way They're going to delay the story. I think Trump's
numbers are correct on this stuff, but they're going to say,
you can't trust Trump's numbers. We need more study on
the numbers.
Speaker 1 (17:35):
I know we got red state governors in red state
governor offices that listen to this program. I think if
Trump continues with this, I think a lot of red
state governors with blue cities that have massive rates of
violent crime, like my home state of Tennessee with Memphis,
I think a lot of them are going to say,
wait a minute, why can't I do something like this
(17:55):
drive down violent crime in my state too?
Speaker 3 (17:57):
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Speaker 1 (17:59):
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Speaker 3 (18:51):
Let's go ahead and.
Speaker 1 (18:52):
Talk economy here for a minute, because I know this
impacts you guys.
Speaker 3 (18:55):
A lot.
Speaker 1 (18:57):
Stock market is setting another all time high to day.
That is, if you have a four to h one k,
if you have a retirement account. It wasn't very long
ago that there was a full fledged panic out there
in the financial markets. In fact, it was in April,
and we said on this program, hey, keep your head down,
(19:18):
hold onto your stocks. If you did, you're in great place.
If you had money on the sideline, as we said,
it was a good time to buy. You now have
made since April. This is pretty extraordinary thirty percent return.
That's about as much as you statistically would make in
a three or four year window. So if you bought
(19:40):
the dip, you are now up over thirty percent again,
if you had dry powder, if you had money sitting
on the sidelines, new record highs. Pretty much every stock
is surging right now, and that's happening today because and
this is significant. Jerome Powell, who is I believe, out
in Jackson Hole, Wyoming for a yearly summer event there,
(20:04):
he said basically, yeah, we're going to have a rate
cut in September. That would mean your mortgages would be cheaper.
If you're thinking about buying a home, that would mean
your rates on credit card, your rates on cars, whatever
you are borrowing, that would theoretically make a big difference
(20:25):
for you. Trump has been right about inflation not surging
and the fact that it's time for rate cuts. And
here is Jerome Powell basically acknowledging that this morning in Wyoming,
cut ten.
Speaker 7 (20:38):
Our policy rate is now one hundred basis of points
closer to neutral than it was a year ago, and
the stability of the unemployment rate and other labor market
measures allows us to proceed carefully as we consider changes
to our policy stance. Nonetheless, with policy and restrictive territory,
the baseline outlook and the shifting balance of risks may
(21:00):
warrant adjusting our policy stance.
Speaker 1 (21:03):
That is a lot of gobbling good for many of
you out there, but it is basically acknowledging that, hey,
there's going to be a rate cut, and let me
pull up the actual the actual projections out there on
the gambling markets. They do a really good job generally
(21:24):
speaking of forecasting this. And there now is a basically
ninety percent chance that you're going to see a rate
cut on September seventeenth. So that would then mean again
lower borrowing costs for many of us out there who
own homes, thinking about buying homes, if you're taking out
(21:46):
an interest rate on buying a car, or your credit
card rates whatever they are, looks like a quarter point decrease,
although there's a possibility of a fifty basis point decrease.
Speaker 3 (21:58):
So that is the expectation.
Speaker 1 (22:01):
Also an expectation, uh that there may be rate cuts
in October as well, So that is an economic outlook
for you, and that is what is propelling stocks to
record highs across the board. Here yet another thing buck
the experts, experts.
Speaker 3 (22:23):
In quotation marks.
Speaker 1 (22:24):
I feel like I need to say that got wrong
because they had a lot of people panicking in April,
and and I bet sadly, you know you out there
are panicked.
Speaker 2 (22:34):
You know it didn't panic. And his suspenders and his
French cuff with his monogram are I'm trying to remember
your actual name. Richard Clay tra R Richard Travis, Richard
Clay Travis, Clay Travis didn't panic. I didn't panic either,
but Clay didn't panic. He was like, stay with it,
stay with it, and it was good advice. Trump said,
(22:55):
I've never heard this were the president's Was it was
it Trump? Or who wasn't? No might one of his
I think it might have been the present One of
his top advisors basically said, Tesla's on sale. Buy it.
You never hear somebody that's in your government. By the way,
Tesla was on sale.
Speaker 1 (23:09):
He also said, don't be a pannikin, meaning again, I know,
because there's so much noise every day, it's easy to
get fired up. This is my public address announcement for
the day. You're gonna make about nine percent a year
if you buy index funds and you hold on to them. Now,
(23:30):
that doesn't mean you're gonna make nine percent every year.
You need to have a horizon five, ten, fifteen, twenty years. Overwhelmingly,
this is the truth. When you try and time the market,
you tend to sell woe and buy high. That's an
average person out there, and so when you get like that, frenzy,
(23:54):
that drum beat.
Speaker 3 (23:55):
What is the great line?
Speaker 1 (23:56):
I'm going to paraphrase it for Warren Buffett.
Speaker 3 (24:02):
Oh, I'm not even gonna say it.
Speaker 1 (24:03):
Well, I'm going to look up the quote because I
want to make sure be greedy when others are when
others are scared, and scared when others are greedy. Basically
is his investing maxim and guys the greatest investor in
the history of the United States. So when everybody else
is screaming by, be nervous. When everybody else is screaming, sell,
(24:26):
it's the best possible time to go by. That's a
general contrarian index, but it tends to be true. And
I think in general what this means is the housing market. Hopefully,
my biggest hope is that by next year we have
unfrozen that housing market and those of you out there
that got seven percent mortgages are able to refi back
(24:49):
into the five percent range, and some of you out
there with two and three percent mortgages, with mortgages back
around five, you're willing to make that shift. Maybe you
put you house on the market, maybe a move to
a new neighborhood because you got kids that are school
age or your kids have left for college and you're
moving back to a smaller home. We just need to
(25:10):
unfreeze the entire pipes, for lack of a better way,
of the housing market, because I think that will unlock
a lot of growth in our national economy.
Speaker 2 (25:20):
You know, we had that conversation older this week about
how so much of what you want in life is
entirely attainable if you just do the things you know
you should do that are not easy to do, but
you know you should do them. It applies to certainly
you know your health and fitness. Like last night I
discovered that the Jenny's Gooey buttercake ice cream in the
(25:43):
freezer was in fact gluten free. This was not good
knowledge for me to have. Clay was not.
Speaker 1 (25:49):
It's funny you mentioned this because I had my sons
at the Atlanta Braves, you know, to go watch games
a few weeks ago, right before school started. I had
this exact flavor of Jenny's ice cream. They have a
Jenny's ice cream right by the Atlanta Braves stadium, and
I gotta.
Speaker 2 (26:07):
Tell you it is unbelievable. Hell, it's shockingly good. It's like,
what are they putting in this. I can't stop eating it,
and I don't even want to look at it afters. Look,
you know, last night I went, I went off plan,
as I said, It's what I tell my wife. I
tell Carrius at a honey, I went off plan.
Speaker 1 (26:21):
Is ice cream your thing you eat and you just
can't say no to it because it's not necessarily mine? Like,
what is your guilty sin when it comes to food
where you're just like I just couldn't stop eating it.
Speaker 2 (26:32):
Chocolate, cheese, and ice cream, which is a deadly triad.
Let me tell us a tough trio.
Speaker 1 (26:38):
Yeah, tells why I can't like I went last night
my son played his first football game of the season
and they played ninth grade football. So we kicked off
here in Tennessee for his school, and then we went
to dinner after the game. We went to go get
Mexican food. I don't think I can stop eating chips
and salsa. I don't know how much chips and salsa
(27:01):
I would have to eat for me to be like,
you know what, I can't take another chip. I don't
think it's possible to fill up on chips and salsa.
Speaker 2 (27:09):
Like I love Mexican food. I'm not a controversial take
a lot of us do Guacamole's a meal everybody. This
is the problem with It's delicious, it's amazing, but this
thing of like, oh, I'm just gonna have like a
big bowl of guacamole before my meal. Unfortunately, guacamole is
like green ice cream. It is really calorie dense. I
(27:30):
just sat there and what I can't say, No, I
mean that is my flaw. I also like, I don't
even know if this is a combo that a lot
of other people are into, but I can avoid it.
More So, peanut butter and crackers is one of the
greatest combos in the history of mankind. Peanut butters and
Graham crackers. If you like the gram, I'd probably just
(27:51):
made everybody fat. Now that's a combo. That's one of
the greatest combos to ever exist. But I feel like
I can eat those all day too. But the chips
and salsa combo, I bet I ate ten pounds of
chips and salca last night. I never don't have to
get multiple refills on the chips bowl. And usually it's
not my wife and my kids that are pounding it.
It's fat dad here. So so what I was saying, though,
(28:15):
is that yes, okay, that's funny that you had that
flavor of Jenny's ice cream.
Speaker 3 (28:18):
I was so good.
Speaker 2 (28:19):
I don't know, it was like it was one of
the Honestly, I would throw pistachio under the bus for
that Jenny's ice cream. I would push pistachio ice cream
under the waves and pull that Jenny's ice cream up
into the rowboat with me if I had to.
Speaker 1 (28:33):
You are getting called out by producer Greg because this
stuff is evidently very expensive, the Jenny's ice cream, But
it is so good.
Speaker 2 (28:41):
It is so I look, producer Greg, you know what
I can. If I have to eat my Jenny's ice
cream with a top hat and a monocle on, I'll
do it. I don't know what to tell you. If
the butlers say it Nancy Pelosi taste when it comes
to ice cream here, I didn't know it was this expensive,
twelve dollars twelve dollars a pint. So the Pelosi reference
I remember the well was when Pelosi was doing her
(29:02):
like it's okay that everyone's locked at home, you can't
go out during COVID, but you have all she opened.
I think it was like a fifteen thousand dollars Viking
freezer unit, okay, the one of the most expensive freezer
on if you could possibly have, like more than a
lot of people's cars, and then opened a giant freezer
drawer with like ten pints of twelve or fifteen dollars
(29:25):
Jenny's ice cream in it, and she was like, it's
not that bad during COVID and everyone's like, you know,
everyone's completely freaking out. So that's why it's the Pelosi.
It's the Pelosi ice cream. It is on this one.
You're right, it's so good. Yeah. So what I was
saying though about on the financial side of it is
it think of it a little bit like ice cream
or a little bit like you know, eating healthy food.
(29:46):
You know what works. The Clay speaks to you on
this all the time. And you know what the if
you look at the vast majority of people, over ninety
percent of people just being disciplined and putting money in
the market and not touching it until you really need
it and hopefully you don't need it for ten, fifteen,
twenty years, that is the pathway to success. It's like
(30:09):
eating a you know, a mixed and very diet of
whole foods of something that either comes from the earth
or had a mom and dad. So that's kind of
a weird way to put it, but it's true. You know,
you either want to eat an animal or something that grows,
and that's, for the most part, the way to do it.
And if you do it, good things happen. Right. So
it's like that with finance, because you try to pick
(30:31):
stocks and you think you're going to be Gordon the
second coming of Gordon Gecko. You got to remember Gordon
Gecko was cheating and went to prison in the movie,
So you don't want to do that.
Speaker 1 (30:42):
Most people who beat the market are cheating because it's
really really hard to beat the market. And usually in
order to beat the market, you have to have information
that the rest of the market does not have, which
allows you to value the market prices better than other
people would, at least historically, over time it's hard to do.
Some people like Warren Buffett brilliant able to do it.
Speaker 2 (31:03):
Now this is going to be a bit of a term,
but I think it's so important we have to get
into it. And that is the conversation about how to
save children to be from abortions. Little babies in the womb,
to bring them into this world, to save them from abortion.
What can we do right now? So many states have abortion.
As you know, abortions actually went up went up nationally
after Roe v Way was overturned. So it's a question
(31:25):
of giving moms better options and help and support and love.
And that's where Preborn comes in. The Preborn clinics are
out there all over the country and they've been doing
this for decades and they are giving moms love, support,
care assistance. And they started out with a free ultra
sound because they know that when that mother to be
(31:47):
meets the tiny baby growing in her womb, sees the
heartbeat and has a conversation about how this is going
to be an incredible decision for her of life, and
then she's gonna have a lot little boy or girl.
It's saving lives every day. That's what Preborn is doing.
Three hundred and fifty thousand babies have been saved through
this life giving work, and so many mothers have an
(32:09):
entirely new outlook and have love in their hearts because
of the help that they got from Preborn and the
amazing little boy or girl that they brought into this world.
This is happening every day, but they need your support.
They don't get a dollar from the government, and they're
competing against the abortion industrial complex, which is so well
funded and has had so much government money it's crazy.
(32:31):
So help save babies right now. You can do it yourself.
Dial pound two five zero and say the keyword baby.
That's pound two five zero, say baby. Or go to
preborn dot com, slash Buck, preborn dot com, slash b
u c k.
Speaker 7 (32:46):
S.
Speaker 6 (32:46):
Peek out with the guys on the Sunday Hang with
Clay and Buck podcast.
Speaker 3 (32:51):
A new episode every Sunday.
Speaker 1 (32:53):
Find it on the iHeart app or wherever you get
your podcasts.
Speaker 2 (32:56):
Welcome back in here too, Clay and Buck, and I
appreciate you all being with us. I am drinking Crockett
coffee and I have my over Mountain Club mug. So
many of you are joining. Month after month we get
more and more of you. But I just want to
know why aren't for all of you coffee drinkers out there,
and that is millions of people you should be drinking
Crocket coffee in the spirit of Davy Crockett, a great
(33:18):
brand celebrating American history that also gives ten percent of
all profits a Talented Towers Foundation. And this stuff is delicious.
It is actually the best coffee we could find for you,
absolutely anywhere. We took like a year to find the
right coffee. So it's delicious. And also, if you use
code Book, they're almost all out because Clay's new book
will be coming out. You are November. I'm in January,
(33:39):
so you're just gonna have to buy both books and
pre order. Everybody that's where just gonna have it. It's
like a you know, get it, two birds, one stone,
two books, one stone, so to speak. It'll be fantastic.
So yeah, everything come along with Crockett coffee.
Speaker 1 (33:53):
Yeah, and look, it is I think important increasingly. We
had some fun with this yesterday and I imagine we'll
have some fun with it today as it's Friday. Look
at how many businesses out there actually hate you if
you vote Trump even still. I mean, Cracker Barrel basically decided, hey,
we don't like the people that are consuming our product.
(34:15):
Let's alienate them. We would rather be trying to appeal
to Brooklyn lesbians than red state Trump voters in much
of the country. And that's a business that entirely is
related and reliant upon you. This kind of got us
fed up back in the day. And I'm not saying
you're going to agree with everything you hear me or
(34:36):
buck say, certainly on a day to day basis. I
can tell you we're never going to turn our back
on the idea that American history is something to be
celebrated and that this is the greatest country in the
history of the world. And you will for the entire
history of this brand so long as Bucket or Eye
are evolved, and I can't imagine us not never being involved.
Will never turn our backs on you. And I think
(34:58):
that's what you want from a brand. You want to
just be honest about what you believe and why you
believe it. We named the brand after Davy Crockett for
a reason. It's a great American hero, and we believe
in great American heroes and honoring them, uh with our commerce,
and so that's what we're trying to do. We got
a bunch of talkbacks. Let's see Tricia bb uh Well,
(35:19):
I don't know everybody's waging in uhh.
Speaker 3 (35:21):
I'll read this instead.
Speaker 2 (35:23):
Uh.
Speaker 1 (35:23):
Lisa says you two are a great combo, entertaining and informative.
Thanks as always for a great show. First time subscriber
but multi year listener. Well that's nice. And then we
got calls. We want to hit some of these calls.
We'll do that in the next hour maybe because I
don't know if we can rush them in eight hundred and.
Speaker 3 (35:40):
Two A two two eight eight two. What have you
got for us?
Speaker 1 (35:42):
Coming back at the top of the next hour, Buck,
where do you want to take us?
Speaker 3 (35:46):
Oh?
Speaker 2 (35:47):
To all of the exciting places that one can go.
Speaker 3 (35:50):
Uh, that's Trump yet in the White House?
Speaker 2 (35:52):
By the way, wasn't he supposed to be live an
hour ago? We're going to update everybody on that Clay, Yeah,
and we're going to be scouring the latest updates on it.
In the meantime, we're going to dive into it together.
We'll talk about more of the federalization of DC, the
redistricting war that not only are Republicans on the right
(36:13):
side of on the argument, I think also if this continues,
they'll be on the right side of it overall. And
we've got other exciting things to talk about. I mean,
basically all of the exciting things is going to be
a fabulous show. That's kind of where we are Oh.
The Trump administration said they're looking at fifty five million
people on visas for potential deportation violations. Did you know
(36:37):
there were fifty five million people here on visus crazy?
Fifty five million is not like the population of Germany.
I mean, that's a lot of people, no doubt,
Welcome in Friday edition Clay Travis buck Sexton Show. Appreciate
all of you hang out with us as we are
rolling through the Friday edition of the program. Lots of
fun things coming your way. President Trumps scheduled to have
a media availability and an announcement in the Oval Office shortly.
(00:23):
He has continued to discuss the rapid decline in DC's
crime rate, including in an unscheduled visit to a local
Trump para paraphernalia. I guess it would say Trump sort
of souvenir shop near the White House. He went over
in his Trump was right about everything hat and made
(00:44):
an unscheduled visit a little bit earlier this morning. I
am told part of the announcement that Trump is going
to make today not super significant, but is related to
the World Cup, which the United States will be hosting
next year. And we will have Andrew Giuliani, son of
(01:05):
Rudy Giuliani, on the program in the third hour to
discuss some of those details. All that coming your way
as we are talking to you. The state of Texas
is poised to remake the congressional map there the battle
with California now having a referendum to potentially remake their
(01:28):
congressional map as well. This is a fight that might
make sense for Gavin Newsom because it puts him more
in the center of the national stage. But unfortunately for him,
all of the blue states by and large have already
redone their congressional districts to effectively box out many different
(01:50):
parts of the overall landscape when it comes to red
state voters being respected even in locations that are you know,
like Illinois, where you have forty four percent of the
vote going for President Trump, and in Illinois, fourteen of
(02:11):
the seventeen congressional seats are in Democrat hands. So ultimately,
I think this is going to work to Republican favor.
As I said before, a study in The New York
Times says that the congressional map is a little bit
slanted in favor of Democrats based on the results of
the twenty twenty two and twenty twenty four elections. So
(02:31):
we will discuss some of that as that decision is
coming down. John Bolton a raid this morning. We will
break that down here momentarily, and we've got some fun
language changes that the Democrat Party is discussing. We will
have some fun with that for words that they say
(02:51):
that they no longer want to be included. But I
would say probably the biggest story as we start off
today is the fact that John Bolton's home was rated. Buck,
this is an intelligence related story, So I'm going to
tee it up for you as many different people are
(03:12):
out there reacting to this. Bolton has been a prominent
Trump critic and and this raid seems designed to investigate
whether he has been a source for the leaking of
classified documents, both in Trump one point zero and maybe beyond.
Is that a fair assessment in your mind, Buck, of
(03:34):
what exactly is going on here.
Speaker 2 (03:37):
Obviously we need more details to really understand everything that's
that's going on with this, But I gotta tell you,
I mean there's a few things that jump out at
me right away. One is that there's a he wrote
a book, right and in this book he he says
he got it reviewed. And I mean, look, this is
(04:00):
a former Trump guy too, so it's interesting because he
was a Trump national security advisor. It's not a Democrat
who had his house raid rated. So they've searched his
home and his office of John Bolton. Have you ever
done a hit with Bolton? Clay, I actually did.
Speaker 3 (04:13):
I don't think so.
Speaker 2 (04:14):
I don't know him.
Speaker 1 (04:15):
I've never met him. I don't think I have any
any interaction with him in any way.
Speaker 2 (04:20):
Well, yeah, so I've I've met him a couple of times.
The investigation in Bolton, according to New York Times, here,
seeks to determine whether he illegally shared or possessed classified information. Uh,
and that's pretty much what we've got. There are a
few things that could be at issue here. One is
the book that he wrote, and the book he says
(04:41):
was cleared. I've been told that there's something about a
verbal clearance that he received for it. Basically, there may
be some dispute over whether the book went through and
this I went through this process. For any of you
who are wondering why has my book taken so long?
It was many mon months of just pure bureaucratic delay.
(05:03):
But I knew Clay I had to get under and
this is under both a NDA and under National security
statute that I signed to go to the CIA twenty
years ago that if I'm writing anything that touches on
my CIA experience, classified information, etc. You have to submit
And I had to get this letter. It's almost like
(05:25):
getting a clearance letter from a prosecutor, like you're good,
You're not under investigation anymore. I had to get a
clearance letter. Your book is fine. Without that letter, you
are liable for anything that is in that book that
the National Security Apparatus decides was classified. So the book
could be an issue. That's part one. I do remember
(05:47):
thinking I have to go and check on this team.
But I remember he got a book out very fast
after he was done with his time in the Trump administration,
so fast that I recall think king maybe he had
some kind of a buddy on the inside who moved
it along for him. But maybe maybe he played a
little fast and loose. I don't know. The other possibility
(06:09):
is that he had classified documents in his home. To me,
that would be so stupid, it's unthinkable except Biden, as
we all know from when he was vice president and
when he was a senator. But to be fair, Biden
did also have some dementia going on, so you know
there is we can't say he had dementia.
Speaker 3 (06:30):
And I think this.
Speaker 1 (06:31):
Is important, by the way, after the Trump and Biden
classified document scandals, if by chance you worked in former
intelligence and you were like, uh, oh, I've still got
some of these. You probably burned them or shredded them
or got ready rid of them if you have a
remotely functional brain, right. I mean, the idea that you
(06:52):
would continue to possess those is crazy.
Speaker 2 (06:55):
It's not hard to get rid of them. To keep
them would be That's what I mean. It would be
reckless beyond and look, General Petreus got hit on this one,
four star general and former CIA director. He got hit
for having classified outside of proper chance, So it does happen.
There was a CIA director a long time ago, even
though he's the director, not allowed to just kind of
(07:15):
have the papers all over his office at home, So
that's possible. I would think Bolton is too clever for that,
but maybe I'm giving him too much credit. The other thing,
which is probably the likeliest clay but the hardest to prove,
is was he feeding information classified information to reporters to
(07:36):
undermine Trump, who he had just been working for as
National security advisor. I think that's the likeliest, personally, just
the likeliest scenario of what the investigation is focused on.
But look, man, you never want those FBI guys and
windbreakers come into your house and I'm sure we'll get
more on this one. And it's it's just own you.
(08:00):
Cash Battel, the director of the FBI, beat it out.
No one's above the law. Trump's taking that serious or
his team is taking that seriously. Trump said he has
no knowledge of this.
Speaker 3 (08:09):
Yeah, I don't believe that, But I would say I'm.
Speaker 1 (08:13):
Saying, yeah, yeah, I would say the same thing if
I were president of the United States, I'll be like, man,
you know they got independence. I don't know anything about it,
but that's exactly what I would say. I do think
we should play the flashback here. Here is John Bolton.
For anybody out there that is freaking out. Here is
John Bolton saying after Trump's home at Mar A Lago
(08:34):
was rated, Hey, let's just wait and let the process
play itself out cut five.
Speaker 4 (08:39):
And I don't think he cared about the classification system.
I don't think he appreciated the sensitivity of this information,
and he didn't appreciate the sensitivity of how it was
often acquired the so called sources and methods. So this
had been brief to him before I arrived, it was
repeated frequently. I think it simply had no impact on him.
(09:01):
Whatever It's very hard to speculate on motive other than
that he liked cool things. He saw things that he
so he wanted to take them, and he was pretty
much able to take them, and not just on classified
information matters, on all kinds of things that crossed his desk.
Some days he liked to eat a lot of French fries.
Some days he took classified documents.
Speaker 3 (09:22):
He wanted them.
Speaker 4 (09:22):
Why did he want them because he could get them?
Speaker 5 (09:25):
Oh?
Speaker 1 (09:25):
Oh, whoa, Maybe he wanted them because he could get them.
Let me also clarify what I said. I don't know
that Trump is getting updated on every raid like this.
I think Trump knows the process which led to these
raids are going to happen. I would say probably cash
Ptel doesn't walk in and say, hey, tomorrow morning early,
(09:46):
we're going to be doing a raid. I'm not sure
Trump is getting the minute updates like that.
Speaker 3 (09:50):
I don't think.
Speaker 2 (09:51):
I think on his former National security advisor Clay, he
probably is.
Speaker 3 (09:55):
Now Maybe I.
Speaker 1 (09:56):
Think Clay I think killing him the exact moment that
they're going to happen, which allows Trump to say I
didn't know about it.
Speaker 2 (10:02):
I think that Trump, uh, maybe it wasn't in the
decision making process to do the raid. I think that
ag Bondi and Cash Pattel probably were handling that. Look,
this is also we see this with the DOJ and
with special counsel stuff and all this. They work for
the president, but there's this belief that they kind of
(10:23):
don't work for the president. But there's a Chinese wall,
so to speak, between them and the president. But no,
not really, you know. So it's a strange place for
things to be. I have to wonder if this is
actually going to I have to wonder, you know, what
the basis for this is, because to do this and
(10:43):
to have it go nowhere here, by the way, here
is Trump. Let's hear Trump talking about this. Play cut one,
go for it.
Speaker 5 (10:48):
No, I don't know about it. I saw it on
television this morning. I'm not a fan of John Bull.
He's a real said of a low life. When I
hired him, he served a good for is because, as
you know, he was one of the people that forced
Bush to do the ridiculous bombings in the Middle East.
The bolt. He you know, he he wants to always
kill people and he's very bad at what he does.
(11:11):
But he worked out great for me. Because every time
he doesn't talk. He's like a very quiet person, except
on television, who you could say something bad about trumpelways
do that, but but he really doesn't talk. He's quiet.
And I'd walk into a room with him with a
foreign country, and the foreign country would give me everything
because they said, I don't know, they're gonna get blown
up because John Bolton is in. He's a not a
(11:33):
smart guy, but he could be a very unpatriotic. I mean,
we're gonna find out. I know nothing about it. I
just saw it this morning. They did a rid Do
you accept the dog review on this? Yeah, they'll be
they'll brief probably today sometime, and I don't want to
I tell Pam and I tell the group I don't
want to know about just you have to do what
you have to do. I don't wanna know about it.
It's not necessary. I could know about it. I could
(11:56):
be the one starting, and I'm actually the chief law
enforcement officer. But I feel that it's set better this way.
Speaker 1 (12:04):
Let me say this too, Buck, I would say on
this front, I think Trump may not want to know
about some of this stuff because he doesn't want to
be blamed if it gets leaked. You ever been in
that scenario where you I hate sometimes knowing information that
I know is not public yet because I'm like, eight
people know this. If it gets leaked, somebody's going to
(12:24):
be like, oh, he's the one who talked, right. And
So I think one thing Trump learned about during his
first term, in addition to knowing that people like John Bolton,
who frankly he just didn't have the knowledge to know
who to surround himself with as staff, I think also
he learned that a lot of these briefings are being
done so that they can leak that they briefed the president.
(12:48):
That makes use to brief the president. But I think
one of the things that Trump found so frustrating was
his intelligence agencies would brief him and then twenty minutes later,
it's a story in the New York Times and he's like, man,
they set me up on this. Remember our buddy Senator
Ron Johnson has talked about this. I don't think it's
gotten enough attention. But he got briefed so the FBI
(13:11):
could say they briefed him on the Hunter Biden laptop story.
Speaker 3 (13:14):
If I remember correctly.
Speaker 1 (13:16):
They leaked that they had briefed him about the fact
that Russian disinformation might be going on, so they could
make it look like he was somehow a target or
involved in this. And so I think Trump may not
want those briefings because he just knows that the stories
come out and they're trying to paint him into a corner.
Speaker 2 (13:37):
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Speaker 6 (14:25):
Making America great again isn't just one man, It's many.
The Team forty seven podcast Sunday's at noon Eastern in
the Clay and Buck podcast feed, find it on the
iHeartRadio app or wherever you get your podcasts.
Speaker 2 (14:40):
Welcome back into Clay and Buck. We've got a lot
going on here on this Friday, so please weigh in
with us eight hundred and two A two two eight
A two on the phone lines. And also if you
want to do a talkback, get that iHeartRadio app. It's fabulous.
Some people are saying the most fabulous app and you
can send us a talk back there. Also, we're going
(15:02):
to focus in on more of what's going on here
with d C. Trump spoke about this. I think this
is I think this is pretty remarkable, and you can
start looking at the data. If they can keep this
streak going, it gets Clay harder and harder for the
anti Trump media to explain this.
Speaker 3 (15:19):
Right.
Speaker 2 (15:20):
It's like we talked about Clay very brave anti murder
and I stand right there with him, We both sit
there for this.
Speaker 1 (15:28):
I got of all the things that I've ever said
in my life and media in twenty years being in
favor of a reduction and violent crime as a negative headline.
I never would have believed could be possible.
Speaker 2 (15:41):
You could say a lot of things about Clay, but
he's not afraid to say that heinous criminal murders of
fellow human beings something he's afraid to stand against. And I,
like I said, I'll back him up on this. We're
both decidedly anti murder. And yet the national media that
as opposed to Trump, not even only the national it's
just the Democrat media in different places. It's really the
New York d C somewhat LA based media. Well, I
(16:05):
guess there's a lot of Democrat cities where they're all
anthy Trump. But you get what I'm saying. They're in
a tough spot because the numbers keep getting better for Trump.
This is cut too. He talks about what's already happening
in DC. Listen to the big guy himself.
Speaker 5 (16:17):
Look, DC is a miracle.
Speaker 3 (16:19):
What's happened.
Speaker 5 (16:20):
I mean, they can come up with fake numbers like
the Mayor's the like, oh no, it was going down
for twenty years. You didn't live here, you know, have
you been mugged? Okay? D C was a hell hole
and now it's safe and in fact, I put it
out this morning. It's I said, I hate to say
this because it doesn't sound very good, but there have
been no murders in d C in the last week.
That's the first time anybody's memory that you haven't had
(16:43):
a murder in a week. And I think the mayor
has to get on the ball because we have a situation.
She's a nice woman, but I'll tell you what, she's
got to get on the ball we have. I don't
I don't want to see phony numbers. DC had an
all time high list year of absolute total crime and
(17:04):
it continued pretty bad. And then we put some strength,
some strength into it, got the numbers down a little bit.
But we brought in the DC National Guard and we
couple them with the police and it has been amazing.
Speaker 2 (17:18):
Clay, how long how long before the numbers? And you
know what, I know what they're gonna say. You know
what they're gonna say, right, they don't trust Trump's the
way They're going to delay the story. I think Trump's
numbers are correct on this stuff, but they're going to say,
you can't trust Trump's numbers. We need more study on
the numbers.
Speaker 1 (17:35):
I know we got red state governors in red state
governor offices that listen to this program. I think if
Trump continues with this, I think a lot of red
state governors with blue cities that have massive rates of
violent crime, like my home state of Tennessee with Memphis,
I think a lot of them are going to say,
wait a minute, why can't I do something like this
(17:55):
drive down violent crime in my state too?
Speaker 3 (17:57):
I think it would be fantastic.
Speaker 1 (17:59):
Also fantastic saving a bundle when it comes to your
cell phone bill.
Speaker 3 (18:03):
Puretalk.
Speaker 1 (18:04):
It's what we used to stay in touch with my
seventeen year old and my fourteen year old. You can
use it to stay in touch with your family too,
and you can save up to one thousand dollars over
the life of a year. How much difference would that
make for you? As we start to move a little
bit closer to the end of summer, as we got
the holiday season now on the horizon, it gets here
(18:25):
faster and faster the older I get. You can save
a bundle, keep your same phone number, keep your same
phone if you would like twenty five dollars a month.
They have plans that can save you tremendously pound two
five zero, American owned company with American customer service pound
two five zero, say Clay and Buck. To make the
(18:46):
switch today, fifty percent off your first month. That's pound
two five zero, say Clay and Buck.
Speaker 3 (18:51):
Let's go ahead and.
Speaker 1 (18:52):
Talk economy here for a minute, because I know this
impacts you guys.
Speaker 3 (18:55):
A lot.
Speaker 1 (18:57):
Stock market is setting another all time high to day.
That is, if you have a four to h one k,
if you have a retirement account. It wasn't very long
ago that there was a full fledged panic out there
in the financial markets. In fact, it was in April,
and we said on this program, hey, keep your head down,
(19:18):
hold onto your stocks. If you did, you're in great place.
If you had money on the sideline, as we said,
it was a good time to buy. You now have
made since April. This is pretty extraordinary thirty percent return.
That's about as much as you statistically would make in
a three or four year window. So if you bought
(19:40):
the dip, you are now up over thirty percent again,
if you had dry powder, if you had money sitting
on the sidelines, new record highs. Pretty much every stock
is surging right now, and that's happening today because and
this is significant. Jerome Powell, who is I believe, out
in Jackson Hole, Wyoming for a yearly summer event there,
(20:04):
he said basically, yeah, we're going to have a rate
cut in September. That would mean your mortgages would be cheaper.
If you're thinking about buying a home, that would mean
your rates on credit card, your rates on cars, whatever
you are borrowing, that would theoretically make a big difference
(20:25):
for you. Trump has been right about inflation not surging
and the fact that it's time for rate cuts. And
here is Jerome Powell basically acknowledging that this morning in Wyoming,
cut ten.
Speaker 7 (20:38):
Our policy rate is now one hundred basis of points
closer to neutral than it was a year ago, and
the stability of the unemployment rate and other labor market
measures allows us to proceed carefully as we consider changes
to our policy stance. Nonetheless, with policy and restrictive territory,
the baseline outlook and the shifting balance of risks may
(21:00):
warrant adjusting our policy stance.
Speaker 1 (21:03):
That is a lot of gobbling good for many of
you out there, but it is basically acknowledging that, hey,
there's going to be a rate cut, and let me
pull up the actual the actual projections out there on
the gambling markets. They do a really good job generally
(21:24):
speaking of forecasting this. And there now is a basically
ninety percent chance that you're going to see a rate
cut on September seventeenth. So that would then mean again
lower borrowing costs for many of us out there who
own homes, thinking about buying homes, if you're taking out
(21:46):
an interest rate on buying a car, or your credit
card rates whatever they are, looks like a quarter point decrease,
although there's a possibility of a fifty basis point decrease.
Speaker 3 (21:58):
So that is the expectation.
Speaker 1 (22:01):
Also an expectation, uh that there may be rate cuts
in October as well, So that is an economic outlook
for you, and that is what is propelling stocks to
record highs across the board. Here yet another thing buck
the experts, experts.
Speaker 3 (22:23):
In quotation marks.
Speaker 1 (22:24):
I feel like I need to say that got wrong
because they had a lot of people panicking in April,
and and I bet sadly, you know you out there
are panicked.
Speaker 2 (22:34):
You know it didn't panic. And his suspenders and his
French cuff with his monogram are I'm trying to remember
your actual name. Richard Clay tra R Richard Travis, Richard
Clay Travis, Clay Travis didn't panic. I didn't panic either,
but Clay didn't panic. He was like, stay with it,
stay with it, and it was good advice. Trump said,
(22:55):
I've never heard this were the president's Was it was
it Trump? Or who wasn't? No might one of his
I think it might have been the present One of
his top advisors basically said, Tesla's on sale. Buy it.
You never hear somebody that's in your government. By the way,
Tesla was on sale.
Speaker 1 (23:09):
He also said, don't be a pannikin, meaning again, I know,
because there's so much noise every day, it's easy to
get fired up. This is my public address announcement for
the day. You're gonna make about nine percent a year
if you buy index funds and you hold on to them. Now,
(23:30):
that doesn't mean you're gonna make nine percent every year.
You need to have a horizon five, ten, fifteen, twenty years. Overwhelmingly,
this is the truth. When you try and time the market,
you tend to sell woe and buy high. That's an
average person out there, and so when you get like that, frenzy,
(23:54):
that drum beat.
Speaker 3 (23:55):
What is the great line?
Speaker 1 (23:56):
I'm going to paraphrase it for Warren Buffett.
Speaker 3 (24:02):
Oh, I'm not even gonna say it.
Speaker 1 (24:03):
Well, I'm going to look up the quote because I
want to make sure be greedy when others are when
others are scared, and scared when others are greedy. Basically
is his investing maxim and guys the greatest investor in
the history of the United States. So when everybody else
is screaming by, be nervous. When everybody else is screaming, sell,
(24:26):
it's the best possible time to go by. That's a
general contrarian index, but it tends to be true. And
I think in general what this means is the housing market. Hopefully,
my biggest hope is that by next year we have
unfrozen that housing market and those of you out there
that got seven percent mortgages are able to refi back
(24:49):
into the five percent range, and some of you out
there with two and three percent mortgages, with mortgages back
around five, you're willing to make that shift. Maybe you
put you house on the market, maybe a move to
a new neighborhood because you got kids that are school
age or your kids have left for college and you're
moving back to a smaller home. We just need to
(25:10):
unfreeze the entire pipes, for lack of a better way,
of the housing market, because I think that will unlock
a lot of growth in our national economy.
Speaker 2 (25:20):
You know, we had that conversation older this week about
how so much of what you want in life is
entirely attainable if you just do the things you know
you should do that are not easy to do, but
you know you should do them. It applies to certainly
you know your health and fitness. Like last night I
discovered that the Jenny's Gooey buttercake ice cream in the
(25:43):
freezer was in fact gluten free. This was not good
knowledge for me to have. Clay was not.
Speaker 1 (25:49):
It's funny you mentioned this because I had my sons
at the Atlanta Braves, you know, to go watch games
a few weeks ago, right before school started. I had
this exact flavor of Jenny's ice cream. They have a
Jenny's ice cream right by the Atlanta Braves stadium, and
I gotta.
Speaker 2 (26:07):
Tell you it is unbelievable. Hell, it's shockingly good. It's like,
what are they putting in this. I can't stop eating it,
and I don't even want to look at it afters. Look,
you know, last night I went, I went off plan,
as I said, It's what I tell my wife. I
tell Carrius at a honey, I went off plan.
Speaker 1 (26:21):
Is ice cream your thing you eat and you just
can't say no to it because it's not necessarily mine? Like,
what is your guilty sin when it comes to food
where you're just like I just couldn't stop eating it.
Speaker 2 (26:32):
Chocolate, cheese, and ice cream, which is a deadly triad.
Let me tell us a tough trio.
Speaker 1 (26:38):
Yeah, tells why I can't like I went last night
my son played his first football game of the season
and they played ninth grade football. So we kicked off
here in Tennessee for his school, and then we went
to dinner after the game. We went to go get
Mexican food. I don't think I can stop eating chips
and salsa. I don't know how much chips and salsa
(27:01):
I would have to eat for me to be like,
you know what, I can't take another chip. I don't
think it's possible to fill up on chips and salsa.
Speaker 2 (27:09):
Like I love Mexican food. I'm not a controversial take
a lot of us do Guacamole's a meal everybody. This
is the problem with It's delicious, it's amazing, but this
thing of like, oh, I'm just gonna have like a
big bowl of guacamole before my meal. Unfortunately, guacamole is
like green ice cream. It is really calorie dense. I
(27:30):
just sat there and what I can't say, No, I
mean that is my flaw. I also like, I don't
even know if this is a combo that a lot
of other people are into, but I can avoid it.
More So, peanut butter and crackers is one of the
greatest combos in the history of mankind. Peanut butters and
Graham crackers. If you like the gram, I'd probably just
(27:51):
made everybody fat. Now that's a combo. That's one of
the greatest combos to ever exist. But I feel like
I can eat those all day too. But the chips
and salsa combo, I bet I ate ten pounds of
chips and salca last night. I never don't have to
get multiple refills on the chips bowl. And usually it's
not my wife and my kids that are pounding it.
It's fat dad here. So so what I was saying, though,
(28:15):
is that yes, okay, that's funny that you had that
flavor of Jenny's ice cream.
Speaker 3 (28:18):
I was so good.
Speaker 2 (28:19):
I don't know, it was like it was one of
the Honestly, I would throw pistachio under the bus for
that Jenny's ice cream. I would push pistachio ice cream
under the waves and pull that Jenny's ice cream up
into the rowboat with me if I had to.
Speaker 1 (28:33):
You are getting called out by producer Greg because this
stuff is evidently very expensive, the Jenny's ice cream, But
it is so good.
Speaker 2 (28:41):
It is so I look, producer Greg, you know what
I can. If I have to eat my Jenny's ice
cream with a top hat and a monocle on, I'll
do it. I don't know what to tell you. If
the butlers say it Nancy Pelosi taste when it comes
to ice cream here, I didn't know it was this expensive,
twelve dollars twelve dollars a pint. So the Pelosi reference
I remember the well was when Pelosi was doing her
(29:02):
like it's okay that everyone's locked at home, you can't
go out during COVID, but you have all she opened.
I think it was like a fifteen thousand dollars Viking
freezer unit, okay, the one of the most expensive freezer
on if you could possibly have, like more than a
lot of people's cars, and then opened a giant freezer
drawer with like ten pints of twelve or fifteen dollars
(29:25):
Jenny's ice cream in it, and she was like, it's
not that bad during COVID and everyone's like, you know,
everyone's completely freaking out. So that's why it's the Pelosi.
It's the Pelosi ice cream. It is on this one.
You're right, it's so good. Yeah. So what I was
saying though about on the financial side of it is
it think of it a little bit like ice cream
or a little bit like you know, eating healthy food.
(29:46):
You know what works. The Clay speaks to you on
this all the time. And you know what the if
you look at the vast majority of people, over ninety
percent of people just being disciplined and putting money in
the market and not touching it until you really need
it and hopefully you don't need it for ten, fifteen,
twenty years, that is the pathway to success. It's like
(30:09):
eating a you know, a mixed and very diet of
whole foods of something that either comes from the earth
or had a mom and dad. So that's kind of
a weird way to put it, but it's true. You know,
you either want to eat an animal or something that grows,
and that's, for the most part, the way to do it.
And if you do it, good things happen. Right. So
it's like that with finance, because you try to pick
(30:31):
stocks and you think you're going to be Gordon the
second coming of Gordon Gecko. You got to remember Gordon
Gecko was cheating and went to prison in the movie,
So you don't want to do that.
Speaker 1 (30:42):
Most people who beat the market are cheating because it's
really really hard to beat the market. And usually in
order to beat the market, you have to have information
that the rest of the market does not have, which
allows you to value the market prices better than other
people would, at least historically, over time it's hard to do.
Some people like Warren Buffett brilliant able to do it.
Speaker 2 (31:03):
Now this is going to be a bit of a term,
but I think it's so important we have to get
into it. And that is the conversation about how to
save children to be from abortions. Little babies in the womb,
to bring them into this world, to save them from abortion.
What can we do right now? So many states have abortion.
As you know, abortions actually went up went up nationally
after Roe v Way was overturned. So it's a question
(31:25):
of giving moms better options and help and support and love.
And that's where Preborn comes in. The Preborn clinics are
out there all over the country and they've been doing
this for decades and they are giving moms love, support,
care assistance. And they started out with a free ultra
sound because they know that when that mother to be
(31:47):
meets the tiny baby growing in her womb, sees the
heartbeat and has a conversation about how this is going
to be an incredible decision for her of life, and
then she's gonna have a lot little boy or girl.
It's saving lives every day. That's what Preborn is doing.
Three hundred and fifty thousand babies have been saved through
this life giving work, and so many mothers have an
(32:09):
entirely new outlook and have love in their hearts because
of the help that they got from Preborn and the
amazing little boy or girl that they brought into this world.
This is happening every day, but they need your support.
They don't get a dollar from the government, and they're
competing against the abortion industrial complex, which is so well
funded and has had so much government money it's crazy.
(32:31):
So help save babies right now. You can do it yourself.
Dial pound two five zero and say the keyword baby.
That's pound two five zero, say baby. Or go to
preborn dot com, slash Buck, preborn dot com, slash b
u c k.
Speaker 7 (32:46):
S.
Speaker 6 (32:46):
Peek out with the guys on the Sunday Hang with
Clay and Buck podcast.
Speaker 3 (32:51):
A new episode every Sunday.
Speaker 1 (32:53):
Find it on the iHeart app or wherever you get
your podcasts.
Speaker 2 (32:56):
Welcome back in here too, Clay and Buck, and I
appreciate you all being with us. I am drinking Crockett
coffee and I have my over Mountain Club mug. So
many of you are joining. Month after month we get
more and more of you. But I just want to
know why aren't for all of you coffee drinkers out there,
and that is millions of people you should be drinking
Crocket coffee in the spirit of Davy Crockett, a great
(33:18):
brand celebrating American history that also gives ten percent of
all profits a Talented Towers Foundation. And this stuff is delicious.
It is actually the best coffee we could find for you,
absolutely anywhere. We took like a year to find the
right coffee. So it's delicious. And also, if you use
code Book, they're almost all out because Clay's new book
will be coming out. You are November. I'm in January,
(33:39):
so you're just gonna have to buy both books and
pre order. Everybody that's where just gonna have it. It's
like a you know, get it, two birds, one stone,
two books, one stone, so to speak. It'll be fantastic.
So yeah, everything come along with Crockett coffee.
Speaker 1 (33:53):
Yeah, and look, it is I think important increasingly. We
had some fun with this yesterday and I imagine we'll
have some fun with it today as it's Friday. Look
at how many businesses out there actually hate you if
you vote Trump even still. I mean, Cracker Barrel basically decided, hey,
we don't like the people that are consuming our product.
(34:15):
Let's alienate them. We would rather be trying to appeal
to Brooklyn lesbians than red state Trump voters in much
of the country. And that's a business that entirely is
related and reliant upon you. This kind of got us
fed up back in the day. And I'm not saying
you're going to agree with everything you hear me or
(34:36):
buck say, certainly on a day to day basis. I
can tell you we're never going to turn our back
on the idea that American history is something to be
celebrated and that this is the greatest country in the
history of the world. And you will for the entire
history of this brand so long as Bucket or Eye
are evolved, and I can't imagine us not never being involved.
Will never turn our backs on you. And I think
(34:58):
that's what you want from a brand. You want to
just be honest about what you believe and why you
believe it. We named the brand after Davy Crockett for
a reason. It's a great American hero, and we believe
in great American heroes and honoring them, uh with our commerce,
and so that's what we're trying to do. We got
a bunch of talkbacks. Let's see Tricia bb uh Well,
(35:19):
I don't know everybody's waging in uhh.
Speaker 3 (35:21):
I'll read this instead.
Speaker 2 (35:23):
Uh.
Speaker 1 (35:23):
Lisa says you two are a great combo, entertaining and informative.
Thanks as always for a great show. First time subscriber
but multi year listener. Well that's nice. And then we
got calls. We want to hit some of these calls.
We'll do that in the next hour maybe because I
don't know if we can rush them in eight hundred and.
Speaker 3 (35:40):
Two A two two eight eight two. What have you
got for us?
Speaker 1 (35:42):
Coming back at the top of the next hour, Buck,
where do you want to take us?
Speaker 3 (35:46):
Oh?
Speaker 2 (35:47):
To all of the exciting places that one can go.
Speaker 3 (35:50):
Uh, that's Trump yet in the White House?
Speaker 2 (35:52):
By the way, wasn't he supposed to be live an
hour ago? We're going to update everybody on that Clay, Yeah,
and we're going to be scouring the latest updates on it.
In the meantime, we're going to dive into it together.
We'll talk about more of the federalization of DC, the
redistricting war that not only are Republicans on the right
(36:13):
side of on the argument, I think also if this continues,
they'll be on the right side of it overall. And
we've got other exciting things to talk about. I mean,
basically all of the exciting things is going to be
a fabulous show. That's kind of where we are Oh.
The Trump administration said they're looking at fifty five million
people on visas for potential deportation violations. Did you know
(36:37):
there were fifty five million people here on visus crazy?
Fifty five million is not like the population of Germany.
I mean, that's a lot of people, no doubt,
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