Episode Transcript
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Speaker 1 (00:00):
Hey, thirty two fifty wont care City talks days and
Thursdays mean it's time for iHeartMedia aviation expert Jay Ratliffe
also does a really good job trading stocks during the day.
You can find online check them out and learn more
about it at daytrade fund dot com. It's Jay Ratliffe.
Welcome back, my friend, and I saw your follow up
email said you had an interesting Charles Schwab stories, so
(00:21):
why not start there. Good to hear from you, my friend.
Speaker 2 (00:23):
Well, it's always good to be here, Brian. You know,
I'm always warning people, because I've been watching the stock
market since ninety two ninety three, to really be careful
playing follow the leader, and I was really reminded of
that this morning. Charles Schwab recently added chairs of Caros Therapeutics.
They bought like thirty two thousand more shares, meaning they
then had a total of two hundred and sixty thousand
(00:45):
chairs of this company. And a lot of the other
institutional investors kind of followed suit because look, it's Charles Swab.
If they're doing it, I should be doing it. And
a lot of individual investors I'm sure followed suit. Well,
obviously this is an obvious set up here because this
morning that stock is down seventy five person, oh my god,
(01:05):
it is now. They had the news on the adverse
drug news and as a result that the stock is
down and I lost count on how much two hundred
and sixty thousand chairs that you know, fifty bucks down
a share would be. But it's a lot there. But
Brian is just a reminder, and we talk about it
all the time, just be very careful. So many people
play follow the leader where they'll see somebody like a
(01:26):
Charles Schwab or a Warren Buffett or somebody else do something,
and instead of really guarding their portfolio and protecting it,
they play follow the leader, and far too many times,
instead of diversifying as they should, because it's a Charles
Schwab or whoever, they will jump in and grab these
shares and because look at Charles Wabb they know what
(01:47):
they're doing. And the next thing you know, you put
in most if not all, of your portfolio on a
single stock and bam, you're down big. So please, I'm
I'm just urging everybody please be careful, and that's I
appreciate you're letting me again remind our listeners of that
because I don't care if I train them on how
to trade stocks or not. I just wanted to be
careful when you're talking about playing follow of the Leader.
Speaker 1 (02:09):
Oh, very important. I imagine you were not invested when
it dropped.
Speaker 2 (02:15):
Actually no, I'm up nine hundred and sixty nine dollars
as we talk. I've yet to sell because you wait
for those drops when you're in our group. But my
heart goes out to everybody that just blindly plays follow
the Leader, and it just I understand why everybody's looking
for a get rich quick kind of thing. But you
just got to be careful when you when you're following
(02:36):
the Warren Buffets and others, because just because you have
a lot of money doesn't make you mean. You make
a lot of really good decisions.
Speaker 1 (02:43):
Slow and steady winds race and don't have every time.
Don't everyone hang around too long, said daytrade fun dot com.
Stay aroun, we're gonna hear about me aviation issues coming up.
Maybe you had comment or two. I'm gonna hit you
with a comment or two about drones flying around. Yeah,
it's a thirty five right now. If you have care
see the talk station, be right back I've KRC the
(03:04):
talk station. We've ever been in the cockpit before, ever
seen a grand man naked? You like movies about gladiators.
I heart Mediaa's Next Bird. Jay Ratliffe always give us
an opportunity to go back to the airplane and a
couple of soundbites. Love that movie.
Speaker 2 (03:20):
Uh, well, you need to watch it with a younger
person that's maybe in their twenties, that are politically correct,
and just watch their face as you go through that movie.
They'll be amazed. You can say things like that, Yeah,
when we used to have a sense of humor.
Speaker 1 (03:33):
You could that is so true. Heyhow Jay, I had
to ask. I started out the program this morning because
all these reports about the drunes flying around New Jersey.
They've been having it now for the last month or so.
Big as an RV, they're a giant. There's multiple of
them at the same time. They're all found the same
course and path. They're flying around military bases or not that.
And yet nobody in an elected capacity, known in an
(03:54):
official capacity, FBI, CIA, intelligence officials, elected officials, we don't
have any idea. You just know that there's no concern here,
like what somebody had to nerve some and it made
fun of them, said that there was a giant Iranian
like mother ship somewhere off the coast that had these
things packed on board. And as soon as I read them, like,
oh Lord almighty, you actually said that out loud, and
(04:17):
you know, well, I guess my short question is why
the hell hasn't someone just shot one down? They really
can't figure out what they are, where they came from,
shooting out of the sky. Let's find out.
Speaker 2 (04:28):
Well, I'll tell you what. If you do, you'll find
out the first people that show up who belongs to right. Yeah,
so I'm in total agreement. But this idea that there's
nothing to see here, and then you've got the meeting
that took place I think yesterday or the day before,
where the Governor of New Jersey doesn't bother to show
up for the briefing it. There's just so many questions,
(04:49):
which makes me think somebody knows something. But to see
thirty forty fifty of these sightings where people are seeing
them videotaping, I'm recording them and notifying authorities and being told, hey,
we don't know what they are, but be there. There
is you know, no concern I mean, how can you
say one without saying the other? I mean, there's no
(05:11):
way you can see. We have no idea who they,
who they are, where they you know, come from. But
don't worry, there's no security threat. And of course we're
all screaming going that you can't say one without the other,
So it just baffles your mind. It reminds me of
the balloon that flew across thea where people are just
kind of like la la la la la. Well, I mean,
(05:32):
I'm sorry, I have to think that a Ronald Reagan,
that Donald Trump, if they were absolutely clueless on who
these belonged to, this would have been a one and
done type of thing and we would have found out
real quick what was going on, because look, we deserve answers.
And if I'm in New Jersey, you better believe I'm
concerned because I want to know what the heck's going on.
(05:52):
A size of an SUV drone flying over, Yeah, that's
a concern.
Speaker 1 (05:56):
It is. That is not your everyday hobbyist type of drone,
especially when there are multiple of them. And I read
somewhere this morning. I thought it was rather comical the
story itself, but that it's illegal to shoot drones down.
I guess in New Jersey.
Speaker 2 (06:11):
I don't know the law it is, it's the law
because you know, if somebody look, when the Amazon deliveries
begin and all this stuff happens in earnest with drones,
you will not be able to walk outside without hearing
the annoying sound of those things flying everywhere. And you
also are going to have these unmanned drones that are
(06:33):
going to be uber taxis that seat two or four people,
that lands in your driveway, you jump in and it
takes you to wherever. So this is the norm and
very soon will be. And when you look at the
people going to the Federal Aviation Ministration asking them for answers,
because look, they're the ones that are supposed to manage
the airspace, control the air space, actually know who is
where and when they don't have an answer of what's
(06:55):
going on, or at least reportedly, so that's when my
concern level goes quite a bit, because if we really
don't know what's going on, what if one of these
sus the CV sized drones comes flying around near a
commercial airport when you've got arriving and departing commercial traffic,
and they might be in close proximity to a commercial plate.
(07:16):
Then would we be concerned enough to do something? I
would like to think so.
Speaker 1 (07:19):
I would like to think so too. But you know, Jay,
there is a law in the books that says you
can't fly a drone around an airport. And oh my gosh,
it's also illegal apparently in New Jersey to fly these
drones at night. And oh look what's happening. Sometimes there
are laws in the books and people just choose to
ignore them. Jay.
Speaker 2 (07:34):
Well, you know, I'm not suggesting anybody would have a
beer and shoot at one just see if they get
in it.
Speaker 1 (07:38):
I'm encouraging you know.
Speaker 2 (07:40):
We would never do that.
Speaker 1 (07:41):
No, No, I know that would never happen.
Speaker 2 (07:43):
I always want you to follow the law. But isn't
there also a law not to fly those bad boys
near military bases?
Speaker 1 (07:49):
I would think so, right, And don't you think with
a trillion dollar just past military budget out of the house,
almost a trillion, that there might be some and in
some prior defense authorization spending money or resources to create
drone dropping hardware or some way of knocking them out
of the sky. I got to imagine we already had
that technology. Why not utilize it.
Speaker 2 (08:11):
I don't know, We'll just have to wait for the
next Saturday Night Lives get to figure it all out.
Speaker 1 (08:15):
Together, I guess. So moving over to what could be
a Saturday Night Lights get ongoing Boeing, It's sixty minutes
piece highlighting Boeing anything that we found out about it
that they revealed that we didn't already know.
Speaker 2 (08:28):
Now, Brian, they have apparently been listening to us through
this year because you and I were talking about at
the beginning of this year. Boeing in the last week
of December sent out a memo saying, some of the
nuts and bolts on the rudder control system are missing
or they're under torque hardware, meaning they're loose, so you
might have your mechanic's keep an eye on that. And again,
rudder control that's how the pilots keep the plane in
(08:51):
the sky and have control of the airplane. That's when
we knew that what's going on, because Boeing said after
the Boeing Max crashes that you know they were going
to be more attentive than ever. And then of course
we had two weeks later the door plug blow off,
that last airline slider fall off would be a better word,
since it wasn't secured. And the point is that in
that documentary there was not anything that was really new,
(09:12):
but for a lot of people that had not been
paying attention when they saw that sixty minutes piece on Sunday,
where many of these whistleblowers had come forward saying, look,
the supply chain is so slow that many times when
we run out of parts, it shuts everything down. And
since that is a situation for Boeing management that in
(09:33):
the past had been unacceptable, they would send us as employees,
according to the whistleblowers, to the scrap bend, to pick
out the best failed part, which is marked and red
with red paint, Clean off that red paint, bring it back,
slap it on the airplane so that the production schedule
could continue. Now, this isn't one or two whistleblowers, which
(09:54):
I'm at dozens that have come forward with these complaints
saying you can't have failed parts on aircraft. We're not
talking about rebuilding my computer or my Chevy Silverado, or
we're talking about an aircraft that is used that in
essence could be a safety issue for thousands and thousands
of people. When you look at at this and briand
it just amazes me that Boeing, probably not so because
(10:17):
of all the defense contracts they have, but to continue
to operate like this with kind of a well we'll
get better, it's gonna be okay. We got a new
CEO now, so things are going to be a lot better.
I mean, what a bunch of craf I mean, they
gave us those promises five years ago, and obviously they
were lying then. So do I believe them now?
Speaker 1 (10:35):
No? I do not, big mill on that one. Let's pause.
We'll bring Jay Ratlift back for one more. It's Hey
forty six fifty five KCD talk station, Hey forty eight
FIVECARECD Talk Days Brian Thomas with IR media expert Jay
Ratlift Day. We've got some more things talk about moving
away from Boeing. Let's uh, what about Delta forcing passengers
(10:57):
around a different seats?
Speaker 2 (11:00):
You and I are going to like this one. This
is a Delta agent in Atlanta, and I wish I
had this agent's name. I'd love to acknowledge their efforts
over the airways across the country, But this particular individual
notice supply wasn't totally full, so an announcement was made
that the seat assignments were going to be reconfigured. I
can tell you for people to have their favorite seat,
(11:21):
that did not go over well. But one they boarded Brian,
every person was either in a window or anile seat.
Not a single person was in a middle seat. Now,
originally they had people in the middle seat, but this
agent redid everything so that everybody would have an empty
seat next to them. So the people get on board,
they see what has been done. They're amazed that, oh
my gosh, like real customer service here, somebody's looking out
(11:44):
for us. And that story the pictures went viral and
it was just a great, great move on the part
of a Delta agent who, instead of blindly was going
through the motions, said hey, look I can do something here.
Because normally what would happen You and I would get
on a plane and we would see, okay, I'm in
the middle seat, that's the I'll move around, but that
(12:04):
creates some onboard chaos. This agent took every bit of
that out of the equation and did an incredible job. Yeah,
I just again absolutely loved what I saw.
Speaker 1 (12:16):
That's great news. And then they got on a Boeing
airplane and the door flew off.
Speaker 2 (12:20):
Well, you know, that's another story.
Speaker 1 (12:23):
I see American Airlines says, doesn't shock me. I'm surprised
they were still servicing Haiti, but they seized service to
Haiti probably because of gunfire. I mean, lord almighty, it's
just an absolute anarchy situation in Haiti right now.
Speaker 2 (12:39):
Well, and the State Department has warned people from that,
Brian over the last you know, since the beginning of
I guess last last year excuse me, last fault, where
they were talking to a lot of people saying, hey, look,
you know, this is a dangerous position, dangerous place. There's
a situation where we have a lot of people that
are and gunfires around the airport. Were being very careful
(13:03):
and advising people to be very cautious as they're approaching
anything to do with Haiti, And sadly, when you look
at it, it's just amazing to me to see that
we still operated flights after that point. Because you had
a Spirit flight that was not only shot at, but struck,
You actually had bullet holes in the overhead storage compartments.
(13:23):
You had the American Airlines that was targeted, Jet Blue
that was targeted, and these airlines eventually said we're not
going to be flying there. And then the FAA stopped
in and stepped in and said, okay, no more flights
in and out of Haiti for the time being. And
just amazes me when you look at just how dangerous
it is to fly in there with the current situation
that exists.
Speaker 1 (13:44):
Well, and once you get off the plane it's even
more dangerous.
Speaker 2 (13:49):
Well, but you know, there are some people that want
to get back there, and I understand why, and you know,
it's to me a situation where you know, I'd be
more interested in being one of the people trying to
get out of there than anything else. But it's you know,
but again, the airlines like to air on the side
of caution. We want them to do so. So as
a result, the whole idea is, hey, let's do what
(14:11):
we can to keep our passengers and crew safe, and
that's what's what they're trying to do.
Speaker 1 (14:16):
Well, and maybe saving lives in the process by not
bringing more people into a war torn gang run situation
where they might get kidnapped or murdered anyhow.
Speaker 2 (14:25):
Well, that's probably a pretty good idea just as.
Speaker 1 (14:27):
Well, just say it all right. I got some photographs
along with this one apparently American airline planes look like
old nineteen sixties vans. Oh my gosh, you know.
Speaker 2 (14:38):
Whoever in American airlines somebody's not getting it because we're
seeing more and more of these pictures go online where
you have seats that are missing, lots of ducks, duct
tape which has obviously been there for more than a
few flights, and you're thinking, they're okay with this, and
you know, in this era of social media, you've got
(14:59):
anxious flow. They look at that and they're thinking, if
is this how you take care of cosmetic changes? Because
if it is, I'm worried about the take care of
maybe the engine and types of things. You know, Oh
my lord, it's unbelievable, Brian, just unbelievable. So you know,
(15:20):
as you look at things, you're hoping that somebody will
will catch on here to what we're talking about and
do what they can to make certain improvements. And let's
hope that that's the case because it really needs to
be so well.
Speaker 1 (15:31):
I mean, there's a picture of a seat that doesn't
even have a seat back on it.
Speaker 2 (15:35):
Oh no, no, the whole seat's missing in one and
the guy us a leg rest. So you know it's
you look at that and you're thinking somebody in an
Americans just not getting it. Because to allow that to
continue to be the case, what you're doing is allowing
that perception to continue. And and you just Americans a
good airline in so many ways. They've got some incredible
people that work for them. But when you allow this
(15:58):
kind of an aircraft and there's of them to be
out there, which you're older, they're going to be replaced.
They're going to probably say Boeing would give us our airplanes,
we would be you know, we would have them. But
the whole point is that you just can't allow that
optic to be out there because it gives the wrong impression.
And if I'm an anxious flyer I see those seats,
my next flight's not going to be on American airlines.
(16:19):
I can promise you that, brother.
Speaker 1 (16:20):
Well, and very briefly, apparently hasn't he impacted global airline
profit because apparently we've they passed the trillion dollars in revenue.
Speaker 2 (16:30):
Well, they're expecting that for twenty twenty five. That's the projection.
And if you want to win a bar bat, ask
somebody how much you think they think airlines make on
profit average per passenger. Internationally, the average is seven dollars.
Speaker 1 (16:47):
Oh my word, I guess you got to make that
out In the United States, we.
Speaker 2 (16:49):
Have it up to we have it up to like
twelve dollars a passenger. But we're actually looking at twenty
twenty five of having five billion people fly, and that
would put us over the one trillion market revenue for
the year, first time we've ever done it. So it's
gonna be fascinating to see if we can pull that off.
But of course a lot of that means more bag
fees and other types of things, blah blah blah. But
the bottom line is, hey, you know, let's let's let's
(17:12):
see where it goes. Because the thought is, if aviation
doubles in you know, the size doubles the next twenty
years is expected. Twenty years from now, Brian, you and
I are gonna look back at this as the good
old days.
Speaker 1 (17:23):
Apparently, Kara a really quickly since arount of time. Any
problems you see out there with travel today, I do not.
Speaker 2 (17:29):
It looks like it's be a beautiful day to fly.
So if you picked the day, you picked a good one.
Speaker 1 (17:32):
Jay Rattliff. God bless you, sir. Love our conversations every
Thursday at eight thirty and you'll find our podcast at
five Caresey dot com. Jay, have a wonderful weekend, my brother.
We'll talk again next week you too. It is eight
fifty five. Remember podcast at you five Casey dot com.
Senator Ran Paul, we talked about the border, We talked
about the COVID report. He is going to be all
over that under the Trump administration. And Doge Donald and
(17:56):
the Americans for prosperity on that House bills. I think
it's seventy nine is energy bill in Ohio? Sounds like
a terrible idea to me, opt out and call your
elected official in Columbus and Thomas say no. Ed Jay
Ratliffe right there at the end, I thank you so
much Sean McMahon for coming for the vacationing Joe strecord.
You did a great job today. We'll talk to tomorrow.
(18:18):
H Bill O'Reilly. Yeah, Bill O'Reilly's going to be back.
He's going to be talking about the election and his book.
But we're also going to hear from of course Tech
Fredie with Dave Patter at six point thirty. Have a
wonderful day, folks, and okaway because Glenn Bak's going to
be right up