03-26-25 FULL SHOW - The Fed Is Doing Too Much, and Weather Wednesday

Episode Transcript

Speaker 1 (00:00):
The Mandy Connell Show is sponsored by Bell and Pollock
Accident and injury Lawyers.

Speaker 2 (00:05):
No, it's Mandy connellyn on KOAM ninety one.

Speaker 3 (00:14):
M got study the Nicety through Gray by Donald keeping
sad thing Well.

Speaker 4 (00:27):
Welcome, Welcome to a Wednesday edition of the show. I
am your host for the next three hours. My name
is Mandy Connall, which is super cool because this is
the Mandy Connell Show. Worked out joining me of course,
my right hand man, a man who brings the moth
to work just to terrorize a fellow co worker. That's
Anthony Rodriguez, you can call him a Ron and together

(00:52):
we will take you right up until three pm when
KOA Sports takes over. And very exciting day planned and
I got a lot of stuff on the blog. We've
got several guests today. I'm looking forward to it all.
And I had a really good workout today. Nothing better
than a good workout where you leave the workout and
you're tired and you think for that. You know, first

(01:12):
few minutes while that sucked, but then you're like, I
accomplish something. I accomplish something, So I'm feeling good already.
Find the blog by going to mandy'sblog dot com. That's
mandy'sblog dot com. Look for the headline there on the
latest posts section that says three twenty six twenty five
blog the Fed is doing too much and weather Wednesday.

(01:35):
Click on that and here are the headlines you will
find within tick tech toe a winner.

Speaker 5 (01:41):
I think it's missing office half of American all.

Speaker 2 (01:43):
The ships and clipments and say that's going to press plats.

Speaker 4 (01:47):
Today on the blog, it's a glorious time to talk
about the weather. Are we heading for a recession? Anyway?
Reagen Revolution stops by some updates on the Goldberg security breach,
scrolling scrolling? Who will take care of the homeless? Hotel?

Speaker 2 (02:01):
Now?

Speaker 4 (02:02):
Will AI make the Mayor's office more Mayor's office more responsive?
Protests in the Gaza strip call out hamas a vaccine skeptic.
Will be looking at vaccine science? Should baseball player? Should
baseball have a salary cap? Apple hop is now going
to be a thing. Russia is dragging its feet on
a ceasefire. Trump overhauls elections. No gondolas won't fix downtown.

(02:27):
The second victim in the East High School shooting is suing.
It's way too expensive to live in Colorado Nuclear has
entered the chat alcohol abuse kills young people too? Is
this the best sandwich shop in Colorado? Lots of pre
shows this summer at Levitt Pavilion. We got hoodwinked by
the Steph Curry shot. Do you have to pay extra
for the pirate experience? Whoop's wrong? Ice flow a cruise

(02:51):
ship as a watercoaster? And McDonald's through the years bring
von Miller back. Social norms that are stupid? Eat your
proten a drum kit every twelve year old boy wants.
Those are the headlines on the blog at mandy'sblog dot com.
And that last video on the blog someone took an

(03:12):
electric drum set, And I know, you know a lot
of drummers are like electric drum set. Electric drum sets
are great for people who live in apartments or live
with people who don't want to hear their drumming. And
someone took an electric drum set and made it sound
like farts when you hit the drum. So, of course

(03:32):
Anthony sent that to me today. And the guy in
the video who's doing the drumming can't stop laughing. What
is it about farts? I mean, farts are funny, right,
And they just are. But we all do it right.
And here's the kicker, Like as you go through life,
they're still funny when you're old. You know they're still
funny if you just allow yourself to lean into the

(03:54):
funniness of the noises that the human body can make.
Just go with it, go with it, stop it, stop
it right now.

Speaker 6 (04:03):
From someone who we have a Okay, that's still going
coming from someone I was a delayed still oh, coming
from someone who. We had an electric keyboard. We still
have it and I play with it every time my
parents house. That you can change it to a mode
called DJ and every single key will be a different,
random totally unrelated to the last one. Sound effect. Hours

(04:25):
spent on that, so this sound effect. My dad has
a really awesome electric jump set. Damn right, I'm gonna
have him install that mode. Okay, got there, you go,
Here you go. Happened today on the show. We got
three games, We've got exactly. We've got Dave.

Speaker 4 (04:42):
Frasier from Weather Wednesday coming up, Fox thirty one's chief meteorologist,
and what a great day to have him on the
show today. I'm gonna ask him, uh to look ahead
to find out what we got for opening day. Looking
forward to Rocky's opening day home opener, I should say
not looking forward to their opening day because it cuts
off my show.

Speaker 6 (05:00):
I am doing a very amateur look ahead.

Speaker 2 (05:03):
We'll have to ask him if this is after it?

Speaker 4 (05:05):
Well, are you on the Pinpoint Weather app? From friend
on the pin Point Weather app? Right now?

Speaker 6 (05:10):
Let's see where it compares because trasted next Friday.

Speaker 2 (05:14):
Yeah, high temperature of sixty seven.

Speaker 4 (05:18):
That's okay because I bought a new sweatshirt a spring
training I want to be able to wear it.

Speaker 2 (05:21):
That sounds amazing. Yeah, perfect, Yeah, sixty.

Speaker 4 (05:24):
I got sixty four mostly sunny, low of thirty six
on Friday, the fourth, YEP, which is when we yours truly,
Rosskaminski and I are going to be broadcasting live from
the corner of fortieth and fortieth twentieth in Blake. Oh
twice as good when we're there aer Rod twice is good.
So we're going to be at the corner of twentieth
and Blake, right in front of the stadium from nine

(05:45):
to noon. I'll be on with Ross and looking forward
to that. That's going to be awesome. So we got
Dave Fraser coming up at twelve thirty, and then we're
going to talk to Alexander Salter. He's an economics professor
at Texas Tech, and he says that we've given the
Federal Reserve too much to worry about, We've given them
too much to do, and he wants to scale back

(06:06):
their mission. I have bigger questions about the Federal Reserve.
I want to get into with him because based on
his writing, he's very knowledgeable about this. And then our
friends at reach In Revolutions stop by. We're going to
talk about some of the super cool stuff that they
have to make your body better. It's just the way
to put it, the body better, Mandy are E gondolas.

(06:26):
And know we're jumping right into this story because it's
so insane that I, first of all, let me just
say this when I heard the story, and then I
read the story of a gentleman who came up with
an idea that he believes would be the key to
revitalizing downtown Denver. And if you've not heard this story,
here's what it is. He has to have a he

(06:48):
wants to have gondolas put in downtown over the sixteenth
Street mall. He wants to add in moving sidewalks covered,
moving sidewalks to move people down the street, and he
wants to have an amphitheater, an amphitheater. I don't know
where he's gonna put this amphitheater downtown. I'm sure he's
got worked out in the plans for just the low,

(07:08):
low cost of five hundred million dollars. Guys, I don't
even want to pretend like I am going to entertain
a conversation about anything any more money being spent downtown
unless it sounds like this, Hey, we're going to inject
fifty million dollars into the police force so we can

(07:29):
create the safest downtown area in the country where we
prosecute people for open drug use and staggering around intoxicated,
pooping and peeing on various parts of buildings. I mean,
until they fix that, any dollar that is given to
any kind of development for downtown other than for public

(07:51):
safety is just a wasted another wasted dollar.

Speaker 6 (07:56):
I have the most perfect of analogy for this. Please
tell me you have seen the monorail episode of The Simpsons.

Speaker 2 (08:04):
I have not ah.

Speaker 6 (08:05):
Anyone that's seen it is laughing hysterically in their car
right now, because that is what this sounds like it's basically,
this guy comes to town in Springfield and the Simpsons
and pitches the monorail system and it's insanely expensive.

Speaker 2 (08:19):
And at the time it sounded crazy.

Speaker 6 (08:20):
Monorail system, you know, kind of modern ish now, but
it sounds like this where it's like it's really expensive,
it's really cool, and they do a song number about it,
and it's you gotta love it the.

Speaker 4 (08:29):
Monorails those That sounds exactly like the light reel boondoggle
that has taken hold all over the country where I'm
not aware of any light reel that has remotely met
projections that were given to the people who then said, no,
take my tax money and build a train because everybody
else is gonna ride that train, and I'm gonna be
able to drive my car down I twenty five like

(08:50):
the Lone Soldier because everybody else is gonna ride that train.

Speaker 7 (08:55):
You know.

Speaker 4 (08:55):
Randall Otool had I call him, and I had it
on the blog yesterday or the day before, I can't
remember which, from the Independence Institute, and light rail was
sold as a way to get people out of their cars,
and the exact same percentage of people are using public
transportation today as we're using public transportation, when they sold

(09:20):
light rail to the voters in the greatest boondoggle of
all times. I mean, if we go back in time,
I think those people should be prosecuted for fraud because
they lied, they blatantly lied. And this is why he says, Oh,
this this project would cost five hundred million dollars. No,
it cost a billion by the time it actually gets done.
Ay Rod, here's something from the common spirital text line

(09:41):
for you. Tesla Model three has a noxious emissions mode
where you hear fart noises when you use the blinkers
when you hit the turn signal. You can customize the
farts too, So I guess you can upload.

Speaker 6 (09:53):
Your own that now a horn for thenk Yeah, oh,
you can customize the honking sound.

Speaker 4 (10:00):
Well I've always okay, I might. I might have been
involved in a prank one time, many moons ago. Well,
perhaps someone removed my neighbor's actual horn and replaced it
with din dinner, nonet dead, dinna and hell yeah, nobody
said anything, and it took him like a month and

(10:22):
a half before he used his horn.

Speaker 2 (10:24):
No one honks that often normally. Yeah, yeah, I take
you a while.

Speaker 4 (10:28):
We had a prank. Were going back and forth with
our neighbor on this, and we did that to him,
but he didn't discover it for like six weeks and
we had already moved. So we had the last prank.
We pranked him last. Oh god, that was brutal.

Speaker 6 (10:41):
If you learned anything from the movie tag, you can
always get someone back and you travel back.

Speaker 4 (10:45):
Oh, listen to this, listen to this. So at some
point I lived in these apartments in Orlando. They're old.
They were old when I lived there. They'll probably still old.
They're still there. They were called Fleetwood Apartments, but it
was missing an oh, so we called it Fleetwood. And
we discovered that we all had the same key to
our front doors, so any key opened every door in

(11:09):
the complex. Now you have to understand who's living in
this complex. It was one super old lady who was
like one hundred and had been there since the beginning
of time. And then all young people, so we were
all in our twenties. Most of us worked in bars
or restaurants or something like that. So it was like
Melrose Place, which is a reference not that many people get.
But when we discovered that we could open each other's doors.
That's when the real pranking began. The first prank he

(11:31):
did is in July. We didn't have central heat and air.
We just had a window shaker, and we had these
heating units that we used in the winter. And he
got all of his heating units and my heating units
and turned them on in my apartment in July. So
I walked into my apartment and it was like one
hundred and forty degrees in there, and that started it.

(11:53):
And he had like five hundred CDs because this is
when we still had CDs well before streaming. We went
into his apartment, took all of the CDs down off
the case, and randomly switched the CDs in the covers.

Speaker 2 (12:04):
Oh, and hell's wrong with you?

Speaker 4 (12:06):
We were vicious. It was a vicious, vicious fact. No,
it wasn't, No, it wasn't. He knew, he knew he'd
met his mat when that happened. I can't remember what
he did to us next. But the next thing we
did is we industrial saran wrapped his toilet papered, and
then saran wrapped over the toilet paper his car. So
he comes out to go to work one day and

(12:27):
his entire car is wrapped head to toe tightly in
saran wrap and toilet paper.

Speaker 2 (12:34):
Yeah, it's glorious anymore.

Speaker 4 (12:38):
No, you can't, No, God, not at this place. I'm
really glad you just pointed that out, because we had
the best time and it was all in good fun,
you guys, it was. It was a high spirited competition.
Nobody was mad. I know, I know. We had a blast. Yeah,

(12:58):
that apartment complex. It was so much fun. But then
we you know, we got him last time and moved
on after that. Anyway, let's do this. Let's I want
to take some of these text messages because it's a
little bit all over the place, like the beginning of
this show was a little bit all over the place, Mandy.
Gondolas in downtown Denver. Yeah right, No other major city

(13:21):
in the world except for Venice, Italy has gondolas integrated
into its downtown. But what about gondolas and canals in
downtown Denver? That from Andy? No, Andy, gondola is in
the sky like at winter Park, you know, when you
take the gondola from the resort over to the I

(13:48):
just got those pranks are so awesome, Mandy.

Speaker 2 (13:51):
They are pretty good.

Speaker 4 (13:52):
But I can't remember what He did back to us though,
because he got us just as good as we got him.

Speaker 2 (13:58):
He traumatized you so good.

Speaker 4 (14:00):
But I blocked it out of my mind. No, I
got to call my roommate at the time. I'll call
him after the who I'll call my roommate at the time.
I still keep in touch with him, and I'll ask
him after the show if he remembers Mandy. You can
also ask a Tesla to open close its butthole and
it will open and close the charging port, so it's
in show.

Speaker 2 (14:18):
Yeah. Telling me is.

Speaker 4 (14:19):
That Tesla's were programmed by men of the emotional security level,
of an emotional maturity level of like fifteen year old boys.

Speaker 2 (14:28):
Someone goes to key it. Yeah, oh, can't do that.

Speaker 4 (14:32):
Now, yeah, Mandy. Along the lines of the horn prank,
my dad wired a friend's horn to the brake pedal.
It honked whenever the brake was pressed. Super funny. So
I just saw one on the internet where this guy
shoved a bunch of kazoos into the back of his
wife's muffler so as she was driving, he was like, hey.

Speaker 6 (14:56):
Rubber chickens with the rubber chickens, or like in the
exhaust or underneath the back tires when you reverse.

Speaker 2 (15:04):
Just the murder of those rubber chickens.

Speaker 4 (15:06):
Yeah, okay, that's really really funny. That's really really funny. Uh, Mandy,
what's your what? Katak? Light rail is great as long
as you live and work somewhere on the line exactly.
The other part about light rail that's super fun is
that light rail was sold to voters in Denver. This
according to the article by Randall o Tool that I
posted a couple of days ago, it was sold as

(15:29):
a means to shore up the bus system. They were
going to short up the bus system. Promise the bus
system was going to get people where they wanted to go.
And now we have fewer bus lines because all of
the money is being sucked up by lightrail that no
one uses.

Speaker 6 (15:42):
Yeah, maybe I'll get a line up to me before
retirement age. That'd be kind of cool.

Speaker 4 (15:45):
Up Norris, Yeah, oh, this is a compliment. I know
you and a rod don't take credit for it, but
you waste time much better than Ross and Dragon. Badge
of honor right there, I mean, I mean that's a
high bar.

Speaker 2 (15:58):
Yeah, the masterclass on that today.

Speaker 4 (16:01):
Yep, Yeah, I like that.

Speaker 2 (16:03):
Thank Yep. That's hard.

Speaker 6 (16:06):
Manby.

Speaker 4 (16:07):
When people speak about the waste and fraud from USAID,
no one mentions if any of that money is coming
back into politicians reelection campaigns. Has the investigation gone that far? See,
here's the thing. These organizations that exists that are being
funded by USAID, these NGOs, or even the organizations that
are being funded by the EPA. Now, because as the

(16:29):
Biden administration was wrapping up, they shoveled twenty million, excuse me,
twenty billion dollars out the door at the EPA, often
to quote environmental organizations that had never done literally a
single thing, including one in Georgia that had just been
formed by Stacy Abrams, politically connected Democrat. Now that money,

(16:49):
that two billion dollars will then be used for a
variety of things, including giving it to other organizations that
will then filter it back to super PACs that will
then port the candidates of their choice. So it's not
a direct you're going to get money in your campaign conference,
because that would be far too obvious, far too distasteful.

(17:10):
It's so much classier than that. There's multiple layers of
money laundering, with everybody taking a clip, but the end
result is the same taxpayer dollars are used to support
political campaigns. That's how it all works. So great question.
I Ope answered it for you. Mandy. The monail episode
was doomed done to the theme of the music Man.

Speaker 2 (17:31):
It was wonderful.

Speaker 4 (17:32):
Oh no, I have to go back and watch it.
Fremont Street experience in Denver, which is ziplines right over
the top. I'm going to do that next time in Vegas.
Have you done that on Fremont Street? Downe the zipline?

Speaker 8 (17:45):
Aeron?

Speaker 4 (17:46):
Have you seen it on Fremont Street? Did you even
go to Fremont Street. Fremont Street is old Vegas.

Speaker 2 (17:51):
I've stayed in Fremont Street of course.

Speaker 4 (17:52):
Okay, So did you not see the zipline that goes
right over Fremont Street?

Speaker 2 (17:55):
Okay, y, I.

Speaker 4 (17:58):
Would do it.

Speaker 2 (17:59):
I love to shake it on heights.

Speaker 4 (18:01):
You don't do zip lines ever. Lines are a blast.
Open heights never really. What about a gondola? Speaking of gondolas,
I mean it has to be pretty enclosed.

Speaker 2 (18:11):
I'm cool with it. You know, I can glow with springs.
It's not bad.

Speaker 4 (18:16):
Go in the gondolas in winter Park that are open
on the top where they just have the thing on
the bottom and he's just standing there on the top.

Speaker 6 (18:22):
I mean, if you have to kind of have to
just suck it up. But open heights, open air heights. No,
but you know what, Oh gosh, I'm gonna put this
out there. I'm going to Vegas here in like two weeks.
If we go to Fremont Street, think about you doing it.
I'll think about it.

Speaker 4 (18:37):
I'm doing it the next time i'm there. I've just
never gone with anybody who's willing to do it with me.

Speaker 2 (18:40):
I'm down. Yeah, No one's listening.

Speaker 4 (18:45):
I'll call Jocelyn later. Okay, Jeff Catherine says, Mandy, I
drove through downtown this weekend. The sixteenth Street mall is
still dug up. Wtf talk about ruining local businesses, especially restaurants.
She is correct, Mandy, what happens when a crackhead gets
on your gondola? That's the exact same thing I just
said to Chad Bauer. He was on his way out.

(19:05):
I'm on my way in, and I was like, Chad,
what happens when the first crackhead takes a header out
of the gondola? And he was like, yeah, gonna be
a concern. And this is my point. Don't talk to
me about ideas to revitalize downtown Denver unless they start
with we are about to make a major investment in
safety and prosecuting people who have made downtown a disgusting

(19:28):
cesspool that makes people feel unsafe being there. After that,
talk to me about doing something else, because right now,
forget about it. Not a single not one dollar more
unless it's going to the police department. Mandy gondolas in
downtown Denver. Those would be airborne septic tanks. Drip drip,

(19:50):
drip ee, Mandy, Ultimate wedding honeymoon prank Limburger cheese smeared
on the heater air conditioning intake. You're a mean person
at a webbing mess. It was somebody's honeymoon like that.
B stop it, stop it right now. We've got Fox
thirty one's Dave Frasier on the phone lines.

Speaker 8 (20:11):
Hello Dave, Hey, good afternoon.

Speaker 9 (20:14):
Hope you enjoying it?

Speaker 4 (20:15):
You know what good afternoon it is. I don't know
where you mail ordered this weather from, but it is
a okay with me. How much longer do we get
to enjoy it?

Speaker 8 (20:24):
Two more days?

Speaker 4 (20:25):
Two more days? See, I just want to remind people
if you're out and about today, take a good glance
at these snow capped mountains. And I'm not saying the
mountains are ugly during the summer, but aren't they so
much prettier when they've got snow sitting on the top
of them like they do today. I made a note
of that this morning when I was driving in and
I was like, dang, they're pretty. I want to remind
people to take a minute and just appreciate the beauty

(20:48):
of the Front Range if you have the opportunity.

Speaker 8 (20:50):
Yeah, and it's definitely a chamber of commerce picture. There's
no question about that. Blue sky's overhead, white capped mountains.
You know, it'd be great if we were a little
deeper in the spring. Everything down here it already greened
up and blossomed out. But just looking at those mountains too,
you'll notice it's deep snow. You can toe with your
eyes deep snow. And so for the Front Range, while

(21:11):
other parts of the state are struggling for their water supply,
we're still looking pretty good, even though it has been
a dry March. There's no question about that. And I
was just sitting here crunching all the numbers for March
as we get close to the end of the month,
we're definitely going to get into the record books. The
question is where, So.

Speaker 4 (21:25):
What are we looking at in the parts of the
state that are not snow packed properly? What are what
kind of levels are we seeing and what does that mean?

Speaker 8 (21:34):
So it just has to go with the water supply.
You know, we have eight river basins where the mountains
feed into those basins, and so the southern and southwestern
part of the state are struggling at less than sixty
percent of normal. You have close to ninety ninety plus
to the northwest corner, and then the front range is
doing pretty good, still in the ninety percent sile. Remember
we load all the way through early April, so we

(21:56):
can still add to that and boost those numbers. But
to be that close to one hundred per and of
normal is pretty good. And all of that obviously melts off,
turns into recreations for the rivers, the streams, the creeks, fishing, rafting,
and so forth. But more importantly, it fills the reservoirs
and gives us the water supply should we stay on
a dry note, and quite frankly, you know, the outlook
for March. I've told you this time and time again,

(22:17):
don't put a lot of effort or emphasis on those
long range models thirty sixty ninety. It can give you
a pattern, kind of a look, but it doesn't tell
you anything about the day to day. And so you
think about a couple of months. February, for instance, we
had one big snowstorm and that was enough to get
us through the month. March is not delivered. We've had
less than an inch of snow. We're struggling with only
a quarter of an inch of moisture. However, one last

(22:40):
push this weekend, we have a chance Saturday and Sunday
to pick up some needed moisture. Right now, it looks
to be all in the form of rain and it
could be up to a half an inch. And if
that's the case, that would get us off the driest
list for March, which would be fantastic. And the timing
is perfect. Get some moisture as things are starting to
the you know, leaves are thinking of I'll button out,
and the grass is trying to get become endormous and

(23:04):
green up a little bit. So the timing of this
weekend's rain would be perfect. The question we have is
where's that snow line because it is still March and
it can drop down, and so we're watching that closely
to see if there could be a mix maybe on
the south and west side of town above six thousand,
or could it accumulate to a slushy couple of inches.
Those are the questions we have to answer in the
next few days. All right.

Speaker 4 (23:24):
I got a question from a Texter on the Common
Spirit Health text line at five sixty six nine.

Speaker 10 (23:28):
Oh.

Speaker 4 (23:29):
Question for Dave f. The National Weather Service is reducing
balloon launches at some sites, including in Colorado, Wyoming, and Nebraska.
How will this impact models as well as human forecasting?
And I want to add to that question and ask
what are we using the weather balloons for. It almost
seems archaic in the time of all these super duper

(23:49):
Doppler radar seven thousands that we have all over the place.

Speaker 8 (23:53):
Well, the weather balloons have instrumentation attached to them as
they leave the ground and go through the atmosphere, and
those instruments are taking slices of the atmosphere temperatures, wind
de points, humidity levels, and all of those factor into
what the atmosphere looks like vertically. That information is plugged

(24:13):
into computer models to help analyze the atmosphere, and then
the computer models extrapolate that out to give us what
we call our guidance. Different computer models have different algorithms
set into them, and that's why you have variations in forecasts.
Some computer models will you know, go crazy with certain things,
others will be a little more restricted, and it's our

(24:34):
job as meteorologists to look into that.

Speaker 11 (24:36):
I do.

Speaker 8 (24:37):
You know, there is a concern that if we lose
too much of that valued upper atmosphere data, then it
could skew the models, giving us, you know, a real
headache in trying to interpret what might be happening in
the future, predicting you know, the forecast, so to speak.
It's not a crisis right now. What we're watching closely

(24:58):
and we're in partnership, and I talk with friends up
in Boulder at the National Weather Service is where they
may make cuts, what jobs may be eliminated, and does
that have anything to do with public safety? That's my concern,
you know, Yeah, I don't want I want the forecast
to be as accurate as possible, and that's why I
spend hours digging through model data and details and looking

(25:20):
at as much as I can. You could, literally, Mandy,
spend eight hours looking at the variations and models and
the details, finite details, and never get a forecast complete.
At some point you have to make a decision right
and move on. And so you know, I spend as
much time as I can, and then I'll tweak it.
I don't just throw it down on paper and walk away.
I'll throw it down on paper and go back and

(25:40):
look at it and updated with new model data. But again,
I'm not terribly concerned at this juncture about those weather
balloons and the data. But I am concerned if the
National Weather Service loses frontline people who may be doing
nothing more than watching radar closely to determine if the
storm is going to hail, if it's got lightning, could
have produced a tornado, and not getting those warnings out.

(26:01):
By the way, we can see that same data with
our set, but they are the governing body responsible for
alerting the public to those dangers.

Speaker 4 (26:09):
Let me ask one more question, and we only have
a couple of minutes left here, but it's a question
I have, and this one said Mandy. I saw the
closed cloud formation the other day. It was like a
stack of pancakes. I think it's called lenticular. Can you
ask Dave what causes that? And is that something that
happens mostly in Colorado And I'm going to be from
the east coast. I had never seen those until I

(26:30):
got here.

Speaker 8 (26:31):
Yeah, so it is just that lenticula. Think about the
curve of a lens, like a you know, your glasses
or a contact lens, and what happens is the wind
flow comes out of the west over the mountains, and
as it curls up and over the peaks, if there's
just the right amount of moisture as it's curving, it

(26:52):
condenses that moisture into a cloud because it's lifting it
over the peak. And so you get these flying saucer
or lenticular looking clouds. And if the wind is strong enough,
you can.

Speaker 9 (27:02):
Get them in.

Speaker 8 (27:03):
Like your listener asked, it can look like pancakes. So
you could have one of the lower elevation one a
little higher. They could be dotted down the entire Front
Range mountains and they are one of the coolest cloud
formations when they happen. And yes, you're right, those of
us from the east who grew up there, you got
to come west.

Speaker 9 (27:19):
To be able to see that beauty?

Speaker 4 (27:20):
Is that because like the Smoky mountains aren't high enough
or they're not rocky like our mountains are, they're tree
covered for the most part, or any amount of humidity.
Why does it only happen here? What so you need
a mountain, I'm guessing, and you need that upslope wind.

Speaker 8 (27:35):
So, yeah, it's the height of our mountain.

Speaker 4 (27:38):
Okay, you know, okay, you know this.

Speaker 8 (27:40):
This is fine, This is I couldn't believe the statistic
one I heard years and years and years ago. So
our mountains, as we know, we have peaks that reached
thirteen fourteen thousand feet in the atmosphere are fourteen ers.

Speaker 2 (27:50):
Right.

Speaker 8 (27:51):
Do you know that the tallest mountain from base to
the top? You know where it is?

Speaker 4 (27:57):
Isn't it? Isn't it one of the Hawaiian islands?

Speaker 8 (28:00):
No, it's actually I'm pretty sure it's Mount Washington in
New Hampshire. What so, Yes, I'm pretty sure. I'll double check,
but I'm almost positive it's Mount Washington in New Hampshire.
And so it's the face of the mountain is more
than six thousand feet tall. Where our mountains slope up,
you go up the footage right right, ten thousand, you
go up to eleven thousand. You know, you start skiing

(28:22):
and you go up, so you think about it. You're
you know, the base of the mountains are not all
the way down to the ground there, They're already elevated
as you climb up to those fourteen ers.

Speaker 4 (28:31):
Oh, I got it.

Speaker 8 (28:33):
So it's its height versus tall.

Speaker 4 (28:36):
Got it, I understand.

Speaker 11 (28:38):
Dave.

Speaker 4 (28:38):
One last text, Yeah it does. Before I let you go,
Dave makes a sound that sound like forecasting. The weather
is a science rather than looking outside to see if
the rock is wet or dry. If only it was
just the rock is wet or dry, that would be it.
Dave Frasier, We appreciate you. We'll talk to again next week.

Speaker 11 (28:55):
My friend.

Speaker 8 (28:56):
All right, keep an eye on your rock and enjoy
the next couple of days.

Speaker 4 (28:59):
All right, thanks, That is Dave Fraser will be right
back Denver making decisions about the homeless hotel management now. So,
the Salvation Army has had some issues. I'm a huge
fan of the Salvation Army. They do an amazing job.
I realize that many in the gay community don't like
their belief that you know that you should follow a
Christian doctrine and that being gay is a sin or not.

(29:22):
Let me walk that back. They believe that acting on
homosexual urges is a sin, so which you know, you
could argue about that all you want. I don't tend
to believe that necessarily, but nonetheless, the Salvation Army does
a ton to help homeless teens, many of whom are

(29:43):
homeless because they are gay. That being said, they have
struggled mightily to get things under control at the homeless
hotels they are contracted to run by the City of Denver. Well,
the City of Denver was supposed to extend one of
the contracts to run the homeless hotels. And what they
do is they are suppose to provide management of the building, meals,

(30:04):
and they're supposed to make sure that people have access
to services, and they're just generally supposed to work to
get these people out of these homeless hotels and into
long term housing. Well, there was a sexual assault by
an employee of the Salvation Army at one of the
homeless hotels, and the Denver City council member who oversees

(30:24):
that district rightfully said there are huge issues here. So
instead of extending the contract. They did not extend the contract,
but there doesn't seem to be any backup plan. The
Salvation Army says they're going to God in fundraise and
hopefully they can come up with enough money to cover
the cost of what they're doing from other sources. But

(30:47):
what is the plan going forward? Denver? Who else are there?
Are there tons of contractors out there with lots of
experience running these sorts of environments. I don't know, but
there wasn't any. Hey, we need a request for appropriate,
don't you know? We need a request for a proposal
kind of thing. We we're asking other people to bid
on this. I do know that staffing has been a problem,

(31:11):
and I would just say this, this is an incredibly difficult,
challenging population to work with. The people that are in
these holmlest hotels, they're on the streets for some sort
of reason, right They're on the streets because they're either

(31:31):
mentally ill or addicted or both, and they're not being
forced into treatment, so they're remaining in their addictions with
their free place to live. And I can only imagine
that working there is probably not for everyone, and it
would make it really challenging to find the right kind
of people. And obviously the Salvation Army is not doing that,

(31:52):
as one of them has been charged with sexual assault.
But this is kind of another example of Denver's just
throw the money against the wall and see if it
sticks kind of strategy. And I read a story this morning.
I didn't put it on the blog because I didn't
care that much about it, but Andrew Cuomo, the former
governor of New York State, is now running to be

(32:13):
mayor of New York. He's trying to make a political comeback,
and more power to him. I don't care one way
or together. Donald live in New York. But the point
of this article was that they wanted mayor potential mayor
Cuomo to adopt the same stance on homelessness that he
adopted when he worked on a homeless issue in the
first place, before he was an elected official, and his

(32:37):
strategy was this. His strategy was long term shelter treatment, sobriety,
more treatment, and then long term housing and it was
working in New York pretty well. And then the federal
government decided to adopt housing first as its model, and
too many people are doing housing first as get him

(32:59):
in house and hope they ask for help, which is
what we're doing here in Denver, which is just stupid.
It shows such blatant ignorance about addiction. It's not even funny.
Addicts don't have the ability to make rational choices when
they are in the depths of their addiction and the
only thing they care about is getting more drugs or alcohol.
That's not me, that's science that has been demonstrated over

(33:21):
and over and over again. So ultimately, I'm just curious, like,
what if the Salvation Army runs out of money? What
if one day they just call up the city of
Denver and say, hey, guys, uh you can take over,
or we don't have any more money left. Who's gonna
do it? Who's gonna show up? I mean, you know what,
Mayor Mike has offered to bartend in restaurants downtown that

(33:42):
are struggling because of all the construction and all that nonsense.
So why doesn't he just volunteer. He could run the kitchen,
he could just be he put on his little lunch
lady net hat, you know what I'm talking about, and
just go on down there and he can see firsthand
the fruits of his labor, well, the fruits of the
labor of all the taxpayers, who's money he spent putting

(34:03):
them all in the homeless hotel. It's I just don't
you know. I have no idea. Mandy Mona Kaye aesthetic
tallest mountain from the ocean floor. That's what I thought.
I'll have to get with Dave and we'll argue about
that privately, so we'll see. I have no idea between

(34:23):
this a rod. Did you see the article that Mayor
Johnston's office is going to use AI now to make
the office more responsive and to help with scheduling. Maybe
we have a chance to get him on the air now.
We'll just have to talk to his AI. How do
you think you could grease the wheels with AI to
make them pay attention to you first?

Speaker 2 (34:43):
What would you have to do?

Speaker 9 (34:44):
Like you?

Speaker 4 (34:44):
What would you bribe AI with? I don't even know.
Might give us some thought, though, because if it helps,
never mind when.

Speaker 2 (34:52):
We get back.

Speaker 4 (34:53):
The Federal Reserve plays an incredibly important role in our economy,
far more than I am comfortable with. But I've got
Alexander saul Her He's an economics professor at Texas Tech University.
He thinks that the FED needs to scale back its mission.
We're going to talk about that and the stuff that
the Fed has coming up for the upcoming year that
will have a huge impact on a whole bunch of stuff. Next.

Speaker 1 (35:15):
The Mandy Connell Show is sponsored by Belle and Pollock
Accident and injury Lawyers.

Speaker 2 (35:19):
No, it's Mandy Connell and Ton.

Speaker 9 (35:25):
On KLA ninety one FM.

Speaker 3 (35:29):
S got the guy the nicety three Andy Connell keeping
sad thing.

Speaker 4 (35:43):
Let me turn on my microphone, that would be very helpful. Welcome,
Welcome to the second hour of the show. I am
like you, always wondering what is the Federal Reserve going
to do next? And my next guest knows a little
bit about that. He happens to be an economics professor
at Texas Tech University's Business School and a researcher at
Texas Tech's free Market Institute. It's refreshing to know that

(36:06):
Texas Tech has a free market Institute, first of all,
So how long has that been around and how long
have you been a part of it.

Speaker 11 (36:14):
That's really exciting to be a part of the free
Market Institute. We've been around for more than ten years now.
Is officially kicked off in twenty thirteen with full operations
beginning and on twenty fourteen, and we're dedicated to the
study of the free enterprise or capitalist system. We of
course all have our preferences for what kind of economic
system we'd like to live under, but we are first

(36:35):
and foremost a scholarly research institute, and it's been just
an intellectual treat to be here.

Speaker 4 (36:40):
So I could ask and follow up question about those
other forms of isms that people would like to live under,
But I want to stay focused here on what we're
talking about, and that is a Federal Reserve. And on
the face of it, to me, the Federal Reserve seems
like an institution that is by its very design anti
free market. Am I right or wrong?

Speaker 11 (37:01):
It depends on what you compare the next best alternative to.
So if you think that we should have a completely
free market and money in banking and finance, a position
that I actually subscribed to, then yes, the existence of
a central bank is a move towards a more status
economic arrangement for governing the supply of money and credit.
I myself am much more of a fan of what

(37:22):
economists call the classical gold standard, the system that prevailed
from roughly eighteen seventy nine up until the start of
the First World War in the United States, some economists disagreed.
I think that system didn't work very well. I think
it was too unstable, and so they're happy that that
is here. I think they're misreading the historical data. When
I look at economic growth, when I look at prices,
I see some pretty good stuff.

Speaker 9 (37:43):
In the late nineteenth century.

Speaker 11 (37:44):
That was an economic cornucopia that we would do well
to try and recreate.

Speaker 4 (37:48):
So when we're talking about the Federal Reserve, first of all,
I want to do a little bit of a history lessoner.
And I just told Alex this off the air. I
know everybody in this listening audience knows the Federal Reserve
is incredibly important, because they said, and interest rates determine
mortgage rates and car loan rates and business loan rates
and all of that stuff. But I think a lot
of people don't understand how the Federal Reserve even came
into being. So we can do a little bit of

(38:10):
the creature from jeckol Island, which is a phenomenal book
written about the formation of the Federal Reserve that most
people look at the number of pages and go a
hard pass I'm not going to read it, but why
do we have this system in the first place.

Speaker 11 (38:25):
We have the system in the first place because in
the early twentieth century, there was a growing consensus among legislators, policymakers,
business executives, bankers, financiers that the monetary system of the United.

Speaker 9 (38:37):
States just wasn't working. It was very fragile, and that
perception was true.

Speaker 11 (38:42):
The US system was needlessly crisis drone, and that was
a matter of design. The US system was actually designed
to be fragile for various reasons. They go to satisfying
political constituencies.

Speaker 9 (38:53):
And so finally the moment for reform came about, and
the question was going to be are we going to.

Speaker 11 (38:59):
Embrace a more free market system for money in banking
and finance, a system that in the early twentieth century
countries like Canada or Great Britain had, or is it
going to be the case that we're going to embrace
a more top down, hierarchical arrangement for the governance of
money and credit. And I don't think that everyone who
is responsible for the creation of the Federal Reserve realized

(39:19):
that they're picking option two. At the time, they probably
thought that they were just shoring up the weaknesses in
the US banking system, but they created this new institution
that ultimately would grow to have major powers over money, credit,
and interest rates. And that was ultimately a move from
a decentralized, market based arrangement for money and banking.

Speaker 4 (39:37):
So there is I saw something today which was kind
of unusual where the FED Chairman said something along the
lines of that the government needed to get it spending
in check. And the reason why that was noteworthy is
because the Federal Reserve is supposed to be non political.
I personally don't believe any organization could be truly non political,

(39:58):
because whoever is working in that organization is going to
bring their their own biases with them when they come
to work. But how has the FED maintained that sort
of separate status. Have they done a good enough job.

Speaker 11 (40:12):
The difficult balancing act, especially when you consider that the
Federal Reserve does not have, as the financial press frequently says.

Speaker 9 (40:18):
A dual mandate, They have a triple mandate.

Speaker 11 (40:21):
You always hear that the FED has two jobs given
to it by Congress, maintain full.

Speaker 9 (40:27):
Employment and stable prices.

Speaker 11 (40:29):
But if you actually go to the Statute to the
law which authorizes what the Fed is supposed to do.

Speaker 9 (40:33):
There's a third point to.

Speaker 11 (40:34):
That mandate, which is maintain moderate long run interest rates.
And so that's what I think the Federal Reserve is
trying to do. When it's top officials start to warrant
about the US fiscal trajectory, they realize that if our
debt and deficit path is unsustainable, that's going to mean
interest rates are going to rise. PA's the point where
they can be reasonably called moderate. And so while I

(40:55):
understand that people are worried about the Federal Reserve meddling
and fiscal politics, that's seems like a step into the
partisan arena that we don't want our central bankers to make.
The fact of the matter is the law of the
land requires them.

Speaker 9 (41:07):
To care about interest rates.

Speaker 11 (41:08):
And if we don't want that, we should change the law,
something that I add I would be very much supportive of.

Speaker 9 (41:13):
We should change the law.

Speaker 4 (41:14):
So what would you see the preferred law in this case?
You want to narrow the mandate of the Fed.

Speaker 9 (41:19):
Right absolutely, price stability.

Speaker 11 (41:22):
Only The only thing the Federal Reserve can reasonably control
in the long run is the dollars purchasing power, giving
yet responsibility for promoting employment, for promoting moderate long run
interest rates, messing with labor markets, with capital markets, that's
just the recipe for money mischief.

Speaker 9 (41:37):
Over it's more than one hundred.

Speaker 11 (41:39):
Year history, the Federal Reserve has quite frankly, gotten a
lot more wrong than it has gotten right. And so
I would like to see the Central Bank forced by
Congress that it ultimately answers to to focus on the
one thing that we know that monetary policy can really control,
which is the general purchasing power of the dollar. Give
the FED a much more narrow mandate, focus on a

(42:00):
more attainable goal, and let's put aside all this other
stuff that the FED, quite frankly, has proven not very
good at. I think that that would be the best
that we can do at this point.

Speaker 4 (42:08):
I found it a little bit outrageous that the FED
was sort of, you know, taking the government to task,
although I agree with the entire concept. Right, it wasn't
wrong to say the government needed to bring spending under control,
But it was the FED that printed a whole bunch
of money that allowed the government to keep spending and
spending at absorbiti rates. So it's almost like, wait a minute,
aren't you part of the problem here.

Speaker 9 (42:31):
That's right.

Speaker 11 (42:31):
The Federal Reserve did intervene in the aftermath of the
COVID economic crisis to stabilize the market for government debt
by doing what by ensuring that treasury rates didn't rise
too much, making sure that Uncle Stam could still borrow
and spend. The perception was at the time that they
needed the capacity to meet the emergency, and the Central
Bank was going to help him do that. But you're
absolutely correct that came with a flood of new money.

Speaker 9 (42:54):
We're talking trillions and trillions.

Speaker 11 (42:56):
Of dollars of new liquidity, and the eventual consequence of
that was predictable to nobody who's read as Milton Friedman. Inflation,
we still haven't gotten to the point where price growth
has moderated back to what we like to see Historically,
Usually the Fed wants to see about two percent annual inflation.
We're still hovering somewhere between two and a half and three.
That might not seem like a lot, but it means

(43:17):
that prices over the long haul are rising much faster,
and that's something that ordinary Americans are understandably frustrated about.

Speaker 4 (43:24):
It would be you know, one thing to say that
if prices go up and incomes go up to then
it would balance out. But we're not seeing that yet.
Here's my question about the decision makers at the FED
to your point, obviously they had never read anything about
how periods of inflation are always preceded by periods of
printing too much money. And why is it that we

(43:47):
seem to only have one kind of economist in the
FED making decisions that seem to do things like allow
government to get bigger? Where are the where are the
Austrian economists in the Federal Reserve? Do we have any balance?

Speaker 9 (44:01):
That's a great question. Two great questions. Actually.

Speaker 11 (44:03):
The first part, I think comes from the fact that
about a generation ago, twenty ish years ago, monetary economists
became disenchanted with using the money supply to gauge the
stance of monetary policy. And on the surface, it sort
of seems like they had a case. The rate of
money growth really stopped predicting the rate of price growth
as well as it had in the twenty thirty forty

(44:25):
years prior, due to financial innovations in the banking sector.
But really, if you use the right measure of the
money supply, if you use broader, more liquid measures of
the money supply.

Speaker 9 (44:34):
The relationship between.

Speaker 11 (44:35):
Money on the one hand and prices in general on
the other hand, are pretty stable.

Speaker 9 (44:39):
So I would actually say.

Speaker 11 (44:40):
That economists needlessly moved on from an older consensus that
was more right than it was wrong. The question of
why don't you get any more restrained people at the FED,
I think that there's a selection effect.

Speaker 9 (44:52):
The Federal Reserve.

Speaker 11 (44:53):
Actually has an outsized influence in hiring PhD macroeconomists and
monetary economists.

Speaker 9 (44:59):
Many people who work at.

Speaker 11 (45:00):
The FED, or gatekeepers at scholarly journals, people who are
professors and the academy also sometimes have joint appointments at
the FED, And so this gives rise to a system
where the only people who really go into monetary economics
and macroeconomics are already predisposed to liking the FED, to
liking central banking, and to want the institution to grow

(45:21):
in importance. I don't think it's anything so crass as
the FED paying them off or anything.

Speaker 9 (45:25):
I think that they're actually true believers.

Speaker 11 (45:27):
But the selection effect is such that young, upwardly mobile
economists only go into study monetary economics, only write their
PhDs on monetary topics if they already think the FED
is the greatest things on slice bread and they want
to continue.

Speaker 9 (45:42):
To support it.

Speaker 11 (45:43):
And so that's sort of how you get this arrangement
where everybody who's into central banking is pro central banking.

Speaker 9 (45:49):
So I don't think it reflects a true consensus. It's
more a selection effect.

Speaker 4 (45:53):
Would it be fair to say that someone who is
more open to pre markets in the Austrian school of
economics will probably the happier in the private sector as well.

Speaker 11 (46:03):
You have a lot more people who are sympathetic to
Austrian economics, a lot more people that are sympathetic to
Chicago style macroeconomics, the kind of economics that built in Friedman,
who popularize the link between the money supply and inflation.
That kind of economics again tends to not get a
seat at the table when big decisions are made by
central bankers.

Speaker 9 (46:21):
Who are the people who really want to be central bankers.

Speaker 11 (46:24):
People who think that we need an activist, top down
control of the economy using the levers of policy that
Congress has granted the Federal Reserve, or at least has
not punished the Federal Reserve for using. And so in
that sort of a framework, you're just not going to
get the free market restraining type people at the table
to offer their opinions. You get some smattering of hawks

(46:45):
and doves, and it's nice that we have some inflation
hawks on the Federal Reserve Board of Governors, the Federal
Open Market Committee, But really that's not that big of
an intellectual range. Would you consider all the things that
are important for understanding how monetary policy works to affect
the economy, I for one, would like to see a
much broader view range of views representative, but it's not

(47:06):
clear that we can get that given how the FED
is currently constituted.

Speaker 4 (47:09):
So if you could, let's just say Alexander Salter gets
to take over the Federal Reserve today, we wave a
magic one. What actions would you like to see the
FED take to finally bring that inflation back down to
that two percent target rate.

Speaker 11 (47:23):
The great Austrian economist ludigue On Misus was once asked
how he would reform the economic policy of Austria if
you were made king for a day. He said, if
I were made king for a day, the first thing
that I.

Speaker 9 (47:33):
Would do is advocate. So maybe I should say the
first thing that I would do is resign.

Speaker 11 (47:37):
But assuming that I'm not going to resign, assuming that
I don't have that option, I would focus much less
on targeting interest rates and focusing on these intermediate things.

Speaker 9 (47:47):
I think that we.

Speaker 11 (47:47):
Need deep fundamental reforms. The Federal Reserve should, as a
matter of policy outcomes, target the growth rate of the
price level and inflation index, or my preferred alternative, which
is something that I economists called nominal income targeting, basically
stabilizing total dollar spending in the economy. It sounds complicated,
but it's actually much more modest than what the FED

(48:09):
tries to do right now. Right now, they're always trying
to get just the right interest rate target, just the
right balance between capital supplying capital demand that gets interest rates.

Speaker 9 (48:19):
Exactly where they want them.

Speaker 11 (48:20):
We're giving this thing called forward guidance, where we're trying
to convince markets about what interest rates are going to
be next quarter or a year from now. Think about how
complicated global capital markets are.

Speaker 9 (48:30):
There's really no way that we can.

Speaker 11 (48:32):
Convey that information credibly, and so I just don't think
that we should be trying. The most that the FED
can do is ensure that the demand side of the
economy is stable, and actually I think that we can
do that by intervening much less.

Speaker 9 (48:45):
We don't need to intervene more, we need.

Speaker 11 (48:47):
To intervene less, just credibly commit to saying, Look, the
sole focus of our policy is going to be keeping
the dollars purchasing power on this path, tell them what
the path is, tell us what index you're targeting, and
then and then to break for the day.

Speaker 9 (49:02):
We really don't need.

Speaker 11 (49:02):
The Federal Reserve doing anything more than that as far
as its monetary policy powers are concerned. I think that
financial journalists and economists have made central banking much more
complicated than.

Speaker 9 (49:13):
It needs to be.

Speaker 4 (49:13):
So what mechanism specifically would you use to make those
things happen? I mean, we're all trained, right, Society is
trained that when you hear Federal Reserve, your interest rates
right after. So if they're kind of overshooting using interest
rates or focusing like a laser on that, what other
mechanisms are available to achieve that sort of demand side stability.

Speaker 9 (49:34):
The most obvious one is the money supply itself.

Speaker 11 (49:36):
Again, economists are skeptical of that because the narrow measures
of the money supply don't tend to predict inflation very well,
but the broader ones still do and I think that
that relationship still does hold. Again, the conceptual way that
this works is still I think the world that we're
living in right you print up more money, you're going
to get prices everywhere going up. And so what the

(49:56):
FEED should be doing is trying to keep the money
supply reving to meet increases in money demand that come
from one normal increases in population population growth, and two
increases in real economic activity. As the economy actually churns
out more cars and suit jackets and laptops and houses,

(50:17):
the money supply should keep up with that to facilitate
those additional transactions. So that could be one intermediate measure
the FED actually starts to pay more attention to something
that the vulgar Fed did pay attention to for a
while back in the nineteen eighties that I would actually
credit it with ending the Great Inflation. So I think
that this is something that has a proven track record.
It's much more modest than what the FED is trying

(50:38):
to do right now, but I think that we could
use some modesty and some humility in central banking. Of course,
we would need to have an entirely separate conversation when
it comes to the fed's regulatory oversight duties over the
financial system when it comes to fighting financial panics and
stemming bank failures. Even there, I think that they're trying
to do too much, which is why it's not working
so well. In general, with these things, monetary policy and

(51:01):
financial regulation are pretty blunt instruments, and so we should
try and pursue broad based goals and simply not try
and fine tune things too much because it's just.

Speaker 9 (51:10):
Not going to work.

Speaker 4 (51:11):
It's my understanding, and I could be wrong, because God knows,
we've passed new regulations since I learned the statistic. But
the financial services in banking industry is the most highly
regulated industry around. I mean, so are you talking about
not deregulation but maybe streamlining processes or moving that investigative
arm away from the FED?

Speaker 11 (51:32):
I would like to send to focus solely on ensuring
banks that are subject to its regulations maintain adequate capital
against short run liabilities. Just make sure banks have a
basic buffer stock, make sure that they have enough capital
on hand to meet extraordinary events, and beyond that, let
markets do their thing.

Speaker 9 (51:51):
When you get more complicated than that, one.

Speaker 11 (51:53):
You try and dictate to banks the quality of capital
when you have all these complicated formulas that try and
weight capital by perceived safety, Well, that presumes that regulators
are really good at distinguishing safe assets for safe assets
from risky assets. Who remembers two thousand and eight, All
those subprime mortgage assets that went belly up were triple
A safe according to the regulators and credit rating agencies.

Speaker 9 (52:15):
So it's not clear to me the regulators have got
this at all.

Speaker 4 (52:18):
That's another conversation though, about those ratings agencies and how
they absolutely failed spectacularly, maybe on purpose, maybe on accident
in two thousand and eight, So it's kind of like
who do you trust at that point? I got a
text message that said, Mandy, what did your guests think
about going on the gold standard?

Speaker 11 (52:37):
That from Jim, great question. I really like the gold
standard historically. I think it was a mistake getting off it.
Just because something was great one hundred years ago doesn't
mean that.

Speaker 9 (52:49):
It's feasible to return to it today.

Speaker 11 (52:52):
I'm not sure what a path back to the gold
standard actually looks like, and sometimes you might think it's
pretty simple, right the United States government owns so much
gold there are so many dollars outstanding, Divide one by
the other. That's your new gold exchange rate, and build
you're done. The problem with that is that the global
financial system is really set up for the US to

(53:14):
constantly export dollars in export US treasury debt, because that's
the global reserve currency and the global reserve asset dollars
in US treasury debt, respectively. And the faster the developing
world grows, the more safe US assets they demand. If
you pull the rug out from that demand process by
restricting the money supply and treasury supply to whatever's going

(53:36):
on in gold markets, I worry that the short run
effect might be so shocking that it would actually erode
whatever good a stable monetary system could deliver.

Speaker 9 (53:46):
I could be wrong about that.

Speaker 11 (53:48):
Maybe I'm being too you pessimistic. But the way that
I approach these questions is show me what the plan
is right to actually return to a commodity system or
even a bitcoin system. Who cares the underlying commodities. Show
me the plan, and then we can discuss the cost
and benefits of it. Because I have a hard time
thinking about whether these things are worth doing.

Speaker 4 (54:08):
In the abstract, Doctor Alexander Salter. He's an economics professor
from Texas Tech University's Business School, also a researcher at
Texas Tech's pre Market Institute. Fascinating conversation. I'd love to
have you back on in the near future to continue
more nerd conversation about the Federal Reserve and everything else.
Thank you so much, alex for your time today.

Speaker 9 (54:30):
Absolutely mand you have a good one, all right, you two?

Speaker 4 (54:33):
That is Alexander Salter. Just they have so much power
over our lives, and I think they're mad with power,
completely mad with power. But how do we unwind it?
That was a great question, Jim. How do we unwind it?
No one really knows. We're going to take a very
quick time out when we get back. I've got some
updates on the Jeffrey Goldberg gate situation. I don't know

(54:58):
if they're accurate updates, but everybody seems to be saying me,
would me. I don't even know the guy. I don't
have his phone number. So how did Jeffrey Goldberg get
into the chat? We'll discuss that next. Here's what happened.
Group of big muckety MUCKs in the Trump administration, including
the Secretary of Defense National Security Advisors. Tulci Gabbard was

(55:19):
on the call. Marc Rubio was on the call. JD
Vance was on not the call. Excuse me, the text
chain on signal a messaging app. Now, yesterday I expressed
my displeasure that they were using signal at all. I
don't like it. But now we find out today from
several different sources, we've got a little bit of new information.

(55:42):
And one of them is that signal was recommended by
White House Internet security because it was encrypted end to end,
and they recommended it for non classified discussions. Going to
get to the point in the middle where if you
think actual war plans are classified. We'll get to that

(56:05):
in a moment. The phones that the Principles used had
signal preloaded when they were issued to them. The Biden
administration used signal in the exact same way. The conversations
Goldberg shared in his Atlantic piece may or may not
have been classified. We'll get to that in a second.
The same conversations actually discussed how to share classified information

(56:28):
separately on a classified IT system. See it's weird because
now only using class you know, a certain system for
classified information is a thing. Whereas when Hillary Clinton just
had a server in her kitchen. It was just no
big deal anyway, just a little point of order there.

(56:50):
There are ways to illegally hack signal, which involve cloning
a device that is legitimately involved in the conversation, and
in house employee could do this with ease. And this
last part is kind of important because everyone on the call,
including Mike Walls. I saw an interview with him yesterday.
He's like, I don't know Jeffrey Goldberg personally. I've never

(57:14):
had his number, we don't chat. I don't know how
this happened. Everyone is basically saying it wasn't me. I
don't have the guy's number. I have no idea how
he got in the chat. And I have no idea
how he got in the chat either. But a lot
of people have been called to the carpet. Democrats are
calling for Pete hegseats and Mike Walls's heads. I don't

(57:34):
think anything's gonna happen because Donald Trump had this to
say about it, and it doesn't sound like anybody's going
to be fired just yet.

Speaker 10 (57:45):
What it was, we believe is somebody that was on
the line with permission of somebody that was with Mike Walls,
worked for Mike Walls at a lower level.

Speaker 9 (57:54):
Had I guess Goldberg's number or.

Speaker 10 (57:59):
Called through the app and somehow this guy ended up
on the call. Now, it wasn't classified, as I understand
that there was no classified information, there was no problem,
and the attack was a tremendous success.

Speaker 9 (58:12):
So I can only go by what I've been told.
I wasn't involved in it, but.

Speaker 10 (58:16):
I was told by and the other people weren't involved
at all.

Speaker 9 (58:19):
But I feel very comfortable actually.

Speaker 4 (58:22):
So Donald Trump does not seem concerned about this, which
also lends, in my mind a little bit of credence
to the notion that maybe this was not an accident.
Now we don't have any evidence it wasn't an accident,
but that does seem a little cavalier, right, And has
anybody been fired? Now that's laughable, because nobody ever gets
fired when stuff like this happens when they work for

(58:44):
the government. No, no way. By the way, this is
CIA Director John Ratcliffe talking to Congress about Signal.

Speaker 9 (58:55):
So that we're clear.

Speaker 7 (58:56):
One of the first things that happened when I was
confirmed as CIA director was Signal was loaded onto my
computer at the CIA as it is for most CIA officers.
One of the things that I was briefed on very early,
Senator was by the CIA records management folks about the
use of signal as a permissible work use. It is

(59:19):
that is a practice that preceded the current administration to
the Biden.

Speaker 4 (59:26):
So they had permission. Again, I don't like it because
we don't know what they're saying. I mean, I guess
they could make sure they're not going to use it necessarily.
I don't know. So signal was approved, But about that,
they didn't talk about classified information. This I have a

(59:48):
little bit of a problem with because Jeffrey Goldberg released
more information today and it has the times the kind
of airplanes like this is gonna happen at this time.
This is I mean, it lays out the bombing information. Now,
if that is not classified information, what the heck is

(01:00:13):
I genuinely would like to know the answer to that question.
I mean, don't get me wrong, I've never trafficked in
classified information. I don't know, but I think if you
give a timeline of something, or you lay out when
bombs are going to fall, if that's not classified, how
is it not classified? Because ultimately, uh, well, let me.
Just read this in this chat Pete hagg Seth team

(01:00:35):
update time now eleven forty four Eastern time. Whether it
is favorable, Just confirm with Sentcom we are a go
for mission launch twelve to fifteen Eastern time. F eighteen's
launch first Strike Package one forty five trigger based F
eighteen first Strike windows starts. I mean this is this
was sent out forty five minutes before this was supposed

(01:00:57):
to happen. In theory, it could have put these airmen
in danger. Now it didn't. Everything went fine. But how
is that not classified information? I'm a little bit perplexed
that they're continuing to deny it when Jeffrey Goldberg has

(01:01:18):
all the text messages, so he's got receipts, right, And
you can say nasty things about Jeffery Goldberg all you want.
I'm not a fan. He has over and over again
parroted blatantly false information. And because The Atlantic is the
magazine of the liberal intelligentsia, unfortunately they think Jeffrey Goldberg
is God. And it's absolutely ridiculous. So here we are,

(01:01:43):
everybody's trying to figure out what happened. Nobody seems to
know what happened. I'll believe that it wasn't an accident.
Wait a minute, I'll believe it was an accident when
someone gets fired, okay, Because if someone made a screw
up this colossal, this huge, a screw up so big

(01:02:04):
there's not even room for the h a huge screw
up and they don't get fired, that to me lends
credence to the fact that or the possibility that maybe
maybe they just let Goldberg in so Europe could know
we're done always taking care of their business. You know,
I have no idea. I think that's unlikely. I think

(01:02:26):
it was just a straight up screw up. But somebody
should be fired, and I need someone with maybe military
top secret experience. If you have a timeline of a
bombing rate that's about to happen, and you put that
on signal and a reporter sees it, I mean, should
not be classified? Should we not protect that information? A

(01:02:46):
little closer to the vest. Just curious, by the way, Mandy,
how about following the money audit Wats's bank accounts. Mike
Woss has been very clear, I don't know how he
got on the chat. I don't have his number, I
don't have contact information, I don't know Jeffrey Goldberg. So
I'm not sure what to do there. Okay, we're gonna
take a quick time out. We'll be back with your

(01:03:08):
text messages, so send them to the Common Spirit Health
text line at five sixty six nine. Oh, we'll be
back on the text line. And you're jumped to defend
and create, you know, some kind of narrative where the
Trump administration comes out looking like gold And don't get
me wrong, there's the possibility that you're right. But generally speaking,

(01:03:30):
the evidence in front of us says somebody made a
really dumb mistake or an on purpose mistake, and it
made the administration look really bad. But here are some
of the here are some of the text messages that
I have, Mandy, it could have been trying to set
up a leaker. Well, there's no doubt Jeffrey Goldberg's gonna
be a leaker. I mean, come on, the term classified

(01:03:53):
in and of itself means nothing in what way it
was classified as? What matters? Okay, great, how should war
plans be classified? How should you know? But Mandy, the
Trump crowd has no honor, lie at the drop of
a hat and continue to do stupid things. You know,
what Texter. I'm sure you were a biden An administration fan.

(01:04:15):
But if you want to see an example of an
entire administration that lied to the American people every day
about the mental capacities of our president, so pipe down
with a morality on that one. Maybe you don't like them,
maybe hate everybody. In that case, I will accept that
comment without question. Launched for where specifically, it's so general
that it really doesn't amount to much. You guys, don't

(01:04:37):
We haven't seen all the text messages. Jeffrey Goldberg has
them all at the Atlantic, but he said he's not
releasing some of them because they seem like a national
security matter. So we haven't seen all the text message
so I'm sure we will at some point. It seems
like most of the people are wanting someone fired. They
probably didn't want them in those jobs anyway. Correct, Absolutely correct.

(01:04:58):
Here's my favorite text, Messa, and the one I think
is the most accurate. What's happening in the world right
now that they don't want us to focus on by
being distracted by this story? That is an excellent question.
Could it be the fact that they just passed a
continuing resolution that locked the entire Biden agenda in place
until the end of the fiscal year. Is that what

(01:05:19):
they don't want us to pay attention to. I mean,
you're right this and yesterday, you guys, I did not
include anything on the blog for the last two days
about the stupid, idiotic, petty and small conversation about Donald
Trump's portrait at the capitol here in Colorado. You know why,

(01:05:40):
I don't give a rats but tuity If President Trump
likes the portrait hanging in the Colorado Capital, it means
nothing in the grand scheme of my life, and as
a citizen of the United States of America, that doesn't
mean anything. And yet I got an email yesterday taking
me to task for not bringing up the portrait of
Donald Trump at the Colorado Capitol. Just because it's the

(01:06:03):
biggest story of the day doesn't mean it matters. And
that's how I feel about these idiotic time wasting stories.
But this one I think has some there's valid, valid
criticism in this and to dismiss it as well. Yeah,
but I mean, you guys, this is a massive fail

(01:06:26):
and people on the right should be able to look
at it and go, yeah, it's a massive fail. At
least Mandy I think Hegseeth is the most defensive because
he put the most info out there. No service members
would have been in danger because no locations or targets
were listed in the text messages we have seen. Again,
we haven't seen them all. I mean, they're certainly not

(01:06:48):
releasing them from the White House if there was really
nothing in them. Don't you think the White House would
have already said, oh, by the way, here are the
text messages. Here you go. You can decide for yourself.
But they haven't done that yet. That's another thing that
gives me pause. Mandy, the difference between classified information and
non classified information. As someone said, yep, that's classified. Also,

(01:07:11):
don't forget, government is extremely good at overclassifying just so
they don't have to answer questions to the media. I
agree with both of these things. But shouldn't specific timelines
about bombing runs be in the classified category? I mean,
isn't that when that kind of deserves that big red stamp.

(01:07:33):
I would think so. Just saying Waltz took full responsibility
for the incident and removed blame from his lower level staffers, well,
isn't that convenient? Yeah? Yeah, Mandy nets topic. Please, you're
feeding the Bennett narrative. They made a mistake and will

(01:07:55):
fix it. There's no doubt they made a mistake. There's
no doubt that they will fix it. I gave an
update on the stuff that had come out so far.
This was a setup to trip up Waltzon head zeth.
No way was this accidental, says this texter, irregardless. Oh,
you use the word irregardless. I have to stop reading
if I see irregardless. Two grammatical mistakes make me stop reading.

(01:08:19):
Number one, if you say I seen, Nope, no can do.
I can't read whatever's coming next. I seem to me
it is like someone is stabbing me in the head
with an ice pick. I cannot And the second is irregardless,
not a word regardless, Okay, textor I'm gonna read the

(01:08:40):
rest of your text because you may not have known that.
I'll just change it regardless. Trump has to fire someone,
is it Waltz or his assistant? Can he trust his cabinet?

Speaker 1 (01:08:49):
Now?

Speaker 4 (01:08:49):
Who would have had Trump painting reporter in their phone
contacts someone who wants to undermine Trump? That would seem
to be the accurate thing. I do think it's a
valid questionind out, who has Jeffrey Goldberg's contact information in
their contacts and why Manby, why can't you just sit
down and just trust the Trump administration because I don't

(01:09:12):
trust any of them. My level of cynicism and skepticism
is so high that I fully believe that both parties
will lie to us at the drop of a hat
in order to cover their own cabooses. So yeah, not
doing it. Last comment here, Mandy. Having worked with a

(01:09:33):
TS top secret compartmented compartmented clearance for forty years before
I retired, I suspect a mid level staffer was tasked
with setting up the group chat from a list. The
staffer is probably the individual who either inadvertently or intentionally
put Goldberg's number in the group chat. Since they only
use initials, no one noticed. Now, I do think the

(01:09:54):
mid level staffer is a source for Goldberg since they
don't get paid much. I do fault the staff supervisor
for not double checking the work because none of the
key principles on the chat could put the chat together.
Generals and senior executives have people who do those things
for them. Yes, Indeedy, you are correct, but again, who
has Jeffrey Goldberg's number in the first place that question

(01:10:17):
needs to be answered.

Speaker 1 (01:10:18):
The Mandy Connell Show is sponsored by Belle and Pollock
Accident and Injury Lawyers.

Speaker 2 (01:10:23):
Well, no, it's Mandy Connell and Dona.

Speaker 9 (01:10:29):
On KLA.

Speaker 1 (01:10:31):
Ninetem got study and the Noisy.

Speaker 2 (01:10:40):
Many Connell Keep your sad Day.

Speaker 4 (01:10:44):
Welcome, Welcome, Welcome to the third hour of the show.
I got one more comment that I want to share,
and it has to be a joke. It must be
a joke. This text message on the Common Spirit Health
text line. First, I want to tell you what you
should do on Thursday. It is March Madness and this
Thursday three to six, you can join Ryan Edwards and

(01:11:05):
Nick ferguson two of my favorites at Sam's Number three
Diner and Bar in Glendale on South Cherry Creek excuse me,
on South Cherry Street for the tournament games. Plus they're
gonna be giving away all kinds of stuff. We've got
tickets to Rockies opening weekend, the Lumineers, the Counting Crows,
all kinds of good stuff. It's happened. And it's Sam's

(01:11:26):
three Diner and Bar in Glendale for KAA sports in
the afternoon. So go check them out. So This is
the text message I got. It's gotta be a joke, Mandy.
I think you radio talker should mind your place. I
don't think you should question President Trump or any president.
They have the power to shut your off, your transmitter
and dismantle your tower. Yeah, if we get to that point,

(01:11:50):
we gotta have a country left to find about anyway.
I mean, not assuming that you are kidding. Ay Rod,
it's not that big of a deal. But I never
got my Vicky Lawrence tickets after winning All on Air
a couple of months back. Is this not happening? Bad news?
This is not happening that he had to cancel her
show here. They said it was a scheduling issue, but

(01:12:10):
I always think to myself, couldn't the ticket sales didn't
go well? Just asking as a joke, says this emailer
to my email account, as a joke and only to
use between my wife and I. We would use this herregardless.
One time in a restaurant that popped out of my mouth.
My wife started chuckling and whispered. The guy behind you
looked at you. This here regardless? Stop it? What's wrong

(01:12:36):
with you people? All right, guys, I've got let me
ask you, ay Ron, I think you're probably in the
target demo for this, whereas maybe I am not. You know,
restaurants are struggling, and not just local restaurants. Chain restaurants
are struggling, and major corporations who maybe own more than
one chain are trying to figure out ways to streamline

(01:12:56):
and create efficiencies. Okay, so, oh, the company that owns
Applebee's Bar and Grill and I Hoop, which of course
is the International House of pancakes, but nobody calls it
that anymore because we all call it Ie Hoop. They're
owned by the same company, and now they're going to
become not quite one, but like fraternal twins. These stores

(01:13:19):
will be built so half of it. You can walk
in the I Hop entrance or you can walk in
the Applebee's entrance, but you can order anything off either
menu on both sides. I'm not. I kind of like
this because there are things, there are things that I
like at Applebee's. I'm not kidding. In my hometown, Applebee's
was like a nice restaurant. The song fancy like Applebee's

(01:13:40):
is practically like my youth. That was like growing up
in my hometown. That's what it was fancy like Applebee's,
and I love ihop. Who doesn't love Eyeop? Now you
could go to ie Hoop and get a bloody Mary.

Speaker 6 (01:13:50):
Or they could live up to their once joke's name.
I hob In serve burgers in burgers, but now.

Speaker 4 (01:13:57):
They have Applebee's burgers, which are pretty good. I mean
Applebee's is kind of like, for some the butt of
a joke. But I happen to like some of the
food at Applebe's, and I guess I should come out
of the closet. Along with the fact that you know
who else I like, I kind of like Nickelback.

Speaker 2 (01:14:11):
I do me too.

Speaker 4 (01:14:13):
I mean, I'm not embarrassed anymore. I like Barry Manilow.

Speaker 2 (01:14:17):
Is this happening some or all of them?

Speaker 11 (01:14:19):
Uh?

Speaker 4 (01:14:19):
I don't know. And the story uses the example of
Taco Bell and Kentucky Fried Chicken that they now have
stores where you can get either because the PepsiCo is
the owner. Is it so called PepsiCo? I think it
is youum Brands. Young Brands is the owner of not
as PepsiCo own Young Brands. As Young Brands. Anyway, they're

(01:14:41):
all part of this same family, and now they have
half Kentucky Fried Chicken stores and half Taco Bells.

Speaker 5 (01:14:46):
I like it.

Speaker 4 (01:14:47):
It's like having a little mini food court.

Speaker 6 (01:14:49):
So why not do it with sit down restaurants like
this Pizza Hut and Wingstop.

Speaker 4 (01:14:54):
Oh yeah, yeah, oh yeah exactly What other restaurants do
you think we should mash up together?

Speaker 9 (01:14:59):
Oh?

Speaker 4 (01:14:59):
You know what I mean? Like, I could see it big.

Speaker 6 (01:15:02):
But if Taco bell gets French fries like you were
saying yesterday Taco John's, oh that.

Speaker 4 (01:15:07):
Would be amazing. And Kentucky Fried Chicken doesn't have good
French fries. They have this grossed potato chocco.

Speaker 2 (01:15:12):
Bells tried variations of fries, and but here's the thing.

Speaker 4 (01:15:16):
You just got to go at it with fries, right.
Don't have like the nacho whatever those were for five minutes.
Those were terrible. Just make really good fries, throw them
in the fryer.

Speaker 2 (01:15:26):
It's fine.

Speaker 4 (01:15:26):
Mandy KFC and a w root beer. I always get
a Slaw dog KFC Slaw and with a dog Ooh,
that would be really good. Mandy. Is it like I
hop with a bar? Yes, it is Mandy regarding Apple Hop,
and that's what I think they should call it. I
think that if I were going to go, I just
say to friends, you want to meet me at Apple Hop,

(01:15:47):
and that way everybody can get.

Speaker 2 (01:15:48):
Something they like better than ibs.

Speaker 4 (01:15:50):
Ibs is terrible. Apple Hop kind of has an ice rn.
It sounds festive. You want to go down to the
Apple Hop like you're gonna do a fun dance when
you get there.

Speaker 2 (01:15:59):
Signature cocktail the Apple Hop.

Speaker 4 (01:16:02):
Mandy regarding Apple Hop, this is perfect. I've always maintained
if waffle House would get a liquor license, they would dominate.
Can you imagine drunk people that already eat at waffle House?
And I say this as a full lifetime member of
the waffle House fan club, and I mean that sincerely.
I love so much on that menu, it's not even funny.

(01:16:23):
I love waffle House, but I don't want any more
drunk people in waffle House at three o'clock in the morning.
I don't want people go into waffle House to get
a little lit before they you know, I know, I
don't want that.

Speaker 6 (01:16:36):
I mean, they're similar, so they wouldn't collab. But waffle
House and I Hop waffle Hop, Waffle Hop. I'll go
down to the waffle Hop. I was trying to think like,
what could we mash up with Chilis to make it?
You know, chilies go with I know that's what I'm
trying to a signature ice cream place to be with chili.

Speaker 4 (01:16:53):
Oh, or maybe a crumble cookie or something like that.
Chili's cooks, basking chilies, Oh, bask in Chili's. Yeah, I've
always wondered why there weren't more sort.

Speaker 6 (01:17:05):
Of brand collaborations Killery, Cold Stones and Chili's and.

Speaker 4 (01:17:12):
Then you can actually get baby back ribs in your
ice cream Chili's Creamery, Mandy, I hop is where all
the one legged waitresses work. Okay, that's pretty funny.

Speaker 2 (01:17:20):
I thought that was Denny's.

Speaker 4 (01:17:21):
Mandy. Taco bell in Northern toilet paper was a great mashup.
See now you've covered both bases there.

Speaker 2 (01:17:27):
Next to each other, Mandy.

Speaker 4 (01:17:28):
There used to be A and W Long John Silvers
here in town. Okay, Can I just say this? I
miss Long John Silvers so much because I think they've
all closed in Colorado. I was the person that loved
Long John Silvers. Why why did? Why don't you people
love them enough to support them here?

Speaker 9 (01:17:48):
Why not?

Speaker 6 (01:17:49):
I mean you typically get the gas station fast food
collabse like at the cell phone lot, which I think.

Speaker 4 (01:17:56):
There's also like an anti I think there's a pretzel
shop there.

Speaker 2 (01:17:59):
Those are typical. Yeah, gastation with any of these is
always typical.

Speaker 4 (01:18:02):
Well, on the Florida Turnpike, which is the big pay
road that goes right through the middle of Florida, they
have you know, they have rest areas or whatever, but
they're rest areas with a food court. And I would
strategically plan out which ones I was going to stop
at based on which food they had, And they had
one that had a Popeye's chicken and a Dunkin Donuts. Seriously,
what else do you need? It's like your perfect food

(01:18:23):
stop right there. Chili queen. That's been dairy queen and chili.

Speaker 6 (01:18:28):
I like that.

Speaker 4 (01:18:29):
Oh, raisin canes and five guys. Then I could get
the raisin cane sauce with my five guys fries, be
so happy.

Speaker 2 (01:18:37):
Or put a burger king in King Supers and call
it King King.

Speaker 4 (01:18:41):
Maandy, you sound like you were conceived in a waffle
House bathroom. I would not go that far, but waffle
House was Banana's favorite restaurant, and in my tiny it
was tiny at the time. It's bigger now, but in
my tiny hometown, we actually had two waffle houses because
they were so beloved by the people, including me. And
just in case you're wondering scattered, smothered covered chunk, Captain Peppered, Hey,

(01:19:05):
here's one for you.

Speaker 8 (01:19:06):
A rod.

Speaker 4 (01:19:08):
How about Freddy's and BUCkies? Put that together for a
mash up ship that one ship ship. By the way,
when the kids say they're trying to ship me, they're
not trying to send you. They're trying to hook them
up with somebody else for a relationship. See, I love

(01:19:28):
this one. This is one of my favorite comments. It's
no wonder all you radio folks need to endorse weight
loss places. With all this eating, y'all do good. These
are things that are left over for my youth. I
only eat at waffle House about once every three months now,
but sometimes I get a hanker in for really good
grits that I don't have to make, and waffle House

(01:19:50):
has the best grips. Mandy. In World War two, correspondent
routinely sat in on top secret bre and not one
word got out to the public or enemy. The question
is why did the Atlantic go public eighty years ago?
That was very treacherous. I think that's a fair question.
But guys, this is a big, fat mistake and I'm

(01:20:12):
glad he brought it out in the open, big top.
And if you're thinking here, well, you shouldn't have done that.
What if it was the Biden administration? For anybody making excuses,
what if it was a Biden administration? All right, I
want to move on. Mike Rosen has a really good
column in today's Denver Gazette espousing a salary cap in baseball,

(01:20:35):
and baseball is the only major league sport that doesn't
have a salary cap. The implication being that if the
Dodgers weren't out there spending like a billion dollars and
I'm not even really exaggerating, I mean, when you look
at the deferred compensation deals that they do, I mean,
their payroll is insane, absolutely insane funny that they're not

(01:20:56):
winning a championship every single year by spending that much money.
The implication being that, you know, Major League Baseball needs
to kind of even the playing field a little bit
when it comes to the amount of money being spent
on these payrolls. Would that help the Rockies? Would it
if we had a salary cap because right now they're
middle of the pack and spending overall. I don't know

(01:21:19):
that spending more money with the current decision makers would
make that much of a difference, but it's an interesting concept.
There's no other Are there any other areas? And I
was trying to think of it this morning and could
not think of any example because I would have used it.
Are there other professions that are not union negotiated where

(01:21:43):
there's an arbitrary cap on how much in that company
can someone can be paid? Now, some would argue that
we need to have a cap on what CEO pay
could be. And for a long time I have been anti,
you know, any kind of restrictions because in my mind,
the company's performance should be tied to CEO pay. But
what we have now are too many CEOs who are

(01:22:04):
sitting with boards that defer to them and give them
whatever raises they want. And now we've distorted the amount
of money between the CEO pay and the rank and
file workers at a level that hasn't been seen in
a very long time. Honestly, It's like, why can't unions
exploit that? If I'm a union leader, That's all I'm
talking about, you know, show some value. That means that

(01:22:26):
the unions, by the way, show some value. So it's
it's interesting, but.

Speaker 2 (01:22:33):
I don't know.

Speaker 4 (01:22:34):
I don't know if it would help. I really don't now.
I also have a bunch of other stuff on the
blog today, including some stuff that we're going to have
to talk about in the near future. But we've been
talking about a lot of stuff in this In this show,
Trump has issued in an executive order about voting that
in my mind, is clearly unconstitutional because the states have

(01:22:56):
control over voting and it's actually in the Constitution. However,
he may and I mean may have a leg to
stand on in that he is only trying to address
federal elections, and the executive order says, if you want
to register to vote in a federal election, you must

(01:23:16):
show proof of citizenship. Now Here, these are the people
this is a huge pain for if your birth certificate
does not match your married name, then you have to
show your birth certificate and your marriage license in order
to vote. There are older, very old people, although I
don't think many of these people are alive anymore. That

(01:23:37):
it is sometimes challenging to get a birth certificate. But
that's a tiny fraction of people, and I think we
can figure that out. But it's going to be very
interesting to see how the courts rule on this one, because,
as I said, the states clearly have the right to
execute elections, but that doesn't necessarily mean that this is
going to fall. What's interesting about this particular move, whether

(01:23:59):
or not at pat whether or not it's found to
be constitutional or not, it puts the Democrats in another
position where they are fighting something that the polling data
on voter ID is incredible. Eighty four percent of Americans
think you should have to show some form of ID
eighty four percent. And it's putting Democrats in another position

(01:24:22):
where they're arguing for something most Americans think is a
great idea. So is that why you did it? I
don't know. Good news bad news. From my hometown of
Lake City, Florida, we now have three waffle houses three
count of three, but the Applebee's is no more. It
has now become a Chili's, So a little sad about that,

(01:24:43):
but I feel like the Chili's margaritas are an upgrade
from the Applebee's, bark because Chili has really good margarita
is chips and salsa. That bad voice you hear is
my friend and long time, long time clients as well
from what used to be Downtown's healthcare which is now
Regen Revolution. I kind of feel like we don't need
to say that anymore. Rachel, I think so too. It's

(01:25:05):
been two years. Yeah, it's been two years. And move
to this great office in Nervada where so much stuff
is going on, and I want to bring on one
of your providers, Retoo Patel, who is one of the
providers that I get to work with for all of
my myriad of treatments at Regent and Revolution. Retoo, thanks
for taking time to meet with us today.

Speaker 7 (01:25:24):
Yeah.

Speaker 2 (01:25:24):
How are you guys doing.

Speaker 4 (01:25:25):
We are doing just fine now Regen Revolution. You guys
have some stuff going on right now that I want
to talk about, specifically because some of the stuff I
talk about in my ADS, we talk about the regenerative
regenerative medicine side, about the treatments that supercharger body sealing powers.
That's the way I always put it to get rid
of joint pain, right, I mean, I think that's a
fair way to say it. Yeah, So I want to

(01:25:47):
talk about some of the stuff that is on the
other side of aging, maybe a little bit because Rachel
tell me a little bit, because as the owner of
Regen Revolution, tell me a little bit about your philosophy
on looking for stuff to add to the practice. What
does it have to do? What makes you go yes,
that is something my people would need and want.

Speaker 12 (01:26:07):
I think the biggest part of it as an aging
woman who wants to look younger but still wants to
look natural, and I want to still do all the
things I want to do, but I want it to
be natural, and I want to offer those types of
things to our patients as well, so that they have
natural options that are healthy and chemical free to age
well and live their best life.

Speaker 4 (01:26:28):
But it's not just about vanity, although some of it is,
and the vanity stuff works like a super champ, there
are also really solid medical reasons. And I want to
start with the Mzella suite of items because initially I
was like, oh, you can get rid of the wrinkles
on my foreheads without shots, sign me up. But this
goes way beyond that. It does, and it's more than
just the vanity part.

Speaker 12 (01:26:49):
Is almost like a side effect of these machines, and
so a lot of people come to us because their
joints hurt, and because their joints have hurt for so long,
their muscles have atrophies. And so they come to us
and we fix their joints, but it takes so very
long to get the muscle back that it's discouraging for
a lot of people. And so go ahead these machines,

(01:27:11):
and the reason we brought them in is to get
the muscle mass rebuilt quickly.

Speaker 4 (01:27:16):
And so like in a four week treatment plan.

Speaker 12 (01:27:19):
With the m sculpt Neo machine, that's the equivalent of
a nine to twelve week protocol like a personal training program,
you can gain like twenty five percent muscle mass in
a month using those machines, and so it's helping people
gain muscle mass very quickly. It's also helping people who
have taken these golp one drugs to lose weight, and

(01:27:42):
a lot of the weight they have lost is muscle mass,
to get that back.

Speaker 4 (01:27:45):
Rachel, I want to ask you specifically about that muscle
mass part, because as we get older, our muscle mass
starts to decline pretty significantly, correct.

Speaker 5 (01:27:56):
Yeah, exactly, Yeah, we start getting muscle atrophy as we
get older, declining.

Speaker 9 (01:28:00):
And muscle mass.

Speaker 5 (01:28:01):
And what happens is that muscle is the longevity of life.
It's going to give you go to quality of life.
It's going to keep your bones health and keeping functioning,
keeping you pain free. So as you lose muscle, which
is natural, as you get older, it's more important to
be proactive about increasing your muscle mass with workout routines, protein,
those kinds of things. But not everyone has a way

(01:28:22):
to do that due to joint pain. So that's where
the m sculpt neo comes in because it helps people
gain muscle tone, muscle mass while also reducing fat cells
in the designated area of treatment.

Speaker 4 (01:28:34):
So it actually and this is the part that I
think is really kind of interesting because I see a
lot of older people, A lot of them are my
listeners that have come to you guys to get their
joints treated, and to your point, Rachel, then they find
out that they don't have a lot of muscle mass
there does Have you seen patients that have gone through
these treatments and then use that to sort of create
a more active lifestyle.

Speaker 5 (01:28:56):
Yeah, we definitely have. So one way that I use
it is someone comes and with knee pain, we do
the injection treatments and now their needs are feeling better,
but their quads and hamstrings are really weak. So if
we can start strengthening those, then they're able to do
little things in their life like play with their grandchildren
and go for walks with their husband, ground the lake,
enjoy their summers, go on vacation with their grandkids. Right,

(01:29:18):
So those are things that those are the goals that
our patients have, and with these kinds of treatments only
build up muscle, they can actually do those things. Not
only is it improving pain, but it's improving their function
in their life and hobbies.

Speaker 4 (01:29:32):
If you have any questions about reganbertive medicine or any
of this stuff, you can text us on the text
line at five six six nine. Oh, but I have
more questions, and I want to talk about pelvic floor
and strengthening those muscles, because this is one of those
things that no one talks to you about as a woman,
that especially if you've had kids, even if you haven't
had kids. As you get older, little bits of incontinence

(01:29:55):
start to happen when you're laughing or you're sneezing, or
you're working out, or you're standing in line or whatever.
What's actually going on there Ritu explain the biology of that.

Speaker 5 (01:30:08):
Yeah, so what is happening is the way our bladder
is held up and our uterus is by the pelvic
floor muscles. As we get older, like I said, it's
natural to lose muscle mass, and so the pelvic floor
muscle is one of the muscles we start losing. So,
like you said, you don't have to be someone that's
had kids or anything like that, but as we get older,
the muscle starts to decrease, and that in turn changes

(01:30:31):
the way our bladder and our balas function because of
that muscle is a weakend. So imagine like having a
net that protects your bladder. If that net gets weaker,
and what's going to happen is you're going to have incontinence,
especially when you're having certain pressure like coughing, laughing, sneezing.
And that's the reason that muscle is a weak So
then sell a chair that we have. It's a non
invasive chair. You do a treatment for about twenty eight

(01:30:53):
to thirty minutes, and what it doesn't actually supports the
pelvic floor muscle and it strengthens that pelvic floor muscle,
which in turn supports the pelvic organ.

Speaker 4 (01:31:02):
What does this do for men, because it's not strictly
a female thing, right.

Speaker 5 (01:31:06):
No, definitely not. What it also does for men is
prostate cancer is a pretty prominent thing in America. So
whenever our men lose their prostate due to that or
other medical reasons that it has the same effect on
their bladder. So this will actually help their muscles, their
peblc cource they're not having urgency and urine incontinence. And

(01:31:26):
it can also help with ED treatments as well. So
not only is there a pelvic core function, but also
a sexual function for both men and women.

Speaker 4 (01:31:33):
Does that have any effect for men on bowel incontinence
as to text here.

Speaker 5 (01:31:39):
Yes, definitely it does. It works in the same way.
So how we do is depending on what the chief
complaint is for the patient, whether it's so urin everything,
ed vowel issues. We seat you on the chair appropriately
and it will actually help that sphincter as well.

Speaker 4 (01:31:54):
I will tell you, I think I'm extremely good at
that treatment. You just have to sit there. And and
how does this work? Rachel? It fires what like radio
frequency source what what? Because it's the most interesting treatment
you're gonna have. It doesn't hurt at all, but it's
very odd. So what is actually happening there.

Speaker 12 (01:32:15):
It's like a conical shaped wave that comes up out
of the center of the chair. So if you think
of like a big traffic cone, right, it's that shape
of a wave that comes up in like circle, a
circular wave that comes up in a conical shape, and so.

Speaker 4 (01:32:31):
It helps to force your pelvic floor muscle to.

Speaker 12 (01:32:34):
Contract, and it's an electromagnetic wave.

Speaker 4 (01:32:38):
It's truly the easiest treatment you're ever going to do
in your life. You don't even to take your clothes off.
You just sit on the chair.

Speaker 6 (01:32:43):
That's it.

Speaker 12 (01:32:44):
Well, and my mother did talk to me about the
importance of keeping my pelvic floor strong when.

Speaker 4 (01:32:48):
I was a girl, and she told me I should.

Speaker 12 (01:32:50):
Always do kegls uh this kegel Like this machine makes
you do eleven thousand kegels in twenty eight minutes, and
I don't think I've done.

Speaker 4 (01:32:59):
A lotven thousand kegels in my life. So it's really like,
you know, effective.

Speaker 5 (01:33:06):
The high them technology, which is electromagnetic that Rachel was
tagrament is actually seven times more effective than kegel exercises.

Speaker 4 (01:33:13):
Oh my gosh, let's talk about the the M sculpt
This is a band that you put on your waist
and on your on your front belly and it this thing.
I've used all this stuff, so I like the guinea pig.
I'm like, yeah, side amp I when I do it.
So this actually contracts your stomach muscles. Why is that?

(01:33:33):
Why is why are these core muscles so important too?
You want to touch that one?

Speaker 5 (01:33:38):
Yeah, definitely. So core muscles Not only are people like, oh,
I'm building this gut, I want to strengthen it, but
it also really helps with people with back pain. Our
core and our public floor muscles are the one that
keep our back from having to work overtime. So we
use it for a lot of patients. We call it
the core to floor protocol, where we use the m
sculpt machine on the belly to help strengthen the abdominal

(01:33:59):
muscles and sell a chair to help the pelvic foremuscles.
They can really help with chronic vaccine. I think Rachel's
used in She's had great results with that. She can
speak firsthand on that.

Speaker 4 (01:34:09):
Does it help with balance issues because I know that
like balance is also deeply affected by your core. If
you have older people that have balance issues, will that
help them?

Speaker 7 (01:34:20):
Yeah?

Speaker 5 (01:34:20):
Definitely. They can help with balance issues. It can help
even little things like patients that I've talked to say
when they're pushing themselves out of a chair, they feel
like they don't have to use their shoulders and arms
as much anymore, which is protecting the upper body right
because they're course tighter. So now they're able to stand
up because of that strength, and when they're standing up,
they're not feeling as wobbily right, so they're feeling that

(01:34:42):
balanced more. And especially at the gym when they are
doing certain exercises, especially with single legs, now that they're
course tighter, they're having that balance. Balance issues gone.

Speaker 4 (01:34:53):
Let's talk about the face thing, because I of all,
every time I do it, I videotape myself because I
think it's hilarious. So they have one that you can
do a couple different ways. First, they can go after
your turkey neck and holy crap, does that work. It does.

Speaker 12 (01:35:06):
There's a video on our Instagram page actually of me
doing that last week if you want to see what
it's like.

Speaker 4 (01:35:13):
It's it works. They put these like pads on your face.
They're stuck to you, and then they shoot these electrical
waves in your face. And you can either do it
on your cheeks and your forehead or your cheeks and
you're called your submit your wobbler right there, your turkey
gobbler on the bottom. And not that I had a
huge one, but it has made a huge difference in

(01:35:35):
my profile. I didn't even all of a sudden.

Speaker 1 (01:35:38):
I know.

Speaker 4 (01:35:40):
So when you explain why and how that.

Speaker 12 (01:35:43):
Works, Rachel, So that's just strengthening the musculature underneath your face,
and so it's lifting your face by adding tone and
tension to those muscles.

Speaker 4 (01:35:52):
It's building the muscles up and so they lift. And
I'm just going to say this, if you're over fifty, okay,
especially if you're postmenoposal already, and your face will collapse.
So I'm going through this right now. I mean, it's like, structurally,
the structure underneath it is what starts to sag. It's
not just skin. This stuff. I mean it seems like

(01:36:13):
it should not work, and yet it does.

Speaker 12 (01:36:15):
No injections, I mean, I hate getting injections in my face.
It's effective, but I think a lot of women are
doing it because they want to avoid.

Speaker 4 (01:36:22):
A facelift, yeah, or push off a facelift.

Speaker 12 (01:36:25):
But now, I mean what we know about the long
term effects of getting fillers in your face is not pretty.
And so this filler face, yeah, and that filler migrates
into places you don't want it. We've all seen people
who look a bit strange because they've had too much
of it. And again, we want to look younger, and

(01:36:45):
we want to look natural, and so this isn't an
injection free, chemical free, all natural, harmless thing that is
extremely effective.

Speaker 4 (01:36:55):
It is extremely effective. I can vouch for it.

Speaker 1 (01:36:57):
It is.

Speaker 4 (01:36:57):
It has given me volume in my face that I
didn't have before, and that made me really really happy
this one. Are there contraindications for the M sculpt specifically
if someone has a spinal fusion?

Speaker 12 (01:37:09):
Is there any problems with that? It kind of just
depends on where you're going to put L five S one. Well,
it depends on where we're going to put the applicators.
So like you were talking about, we can put them
on the lower abdomen. We can also put it on
the arms or the legs or what about.

Speaker 4 (01:37:24):
The booty because this texture, said, can men get butt bustles,
butt muscles back? Too many men lose their butts as
the age unfortunate pancake but happens. No, seriously, like you
can lay down and put it on your butt cheek. Yeah,
oh I wouldn't do that.

Speaker 6 (01:37:40):
Well, I mean.

Speaker 12 (01:37:43):
Area, but some people you know, do lose their booty
as the agent. Yes, that machine works very well for
what they call a non surgical Brazilian butt lift.

Speaker 4 (01:37:52):
This Textra said, I just had my second M sculpt
session today. These are as I tell people. It's not painful, No,
it's weird. They're addictive.

Speaker 12 (01:38:01):
Honestly, you feel so good after that because now so
the M Thoughts machine is like doing eighteen thousand crunches
in thirty minutes.

Speaker 4 (01:38:09):
I will say it definitely made my core much stronger. Oh,
mine too much stronger. And I had a pretty strong
core before we started. Yeah, it's not just for you know,
aging people, like for athletes.

Speaker 12 (01:38:19):
You know, I'm very athletic, and I will say that
the amount of back pain I feel now after doing
something aggressive like skiing or playing tennis is diminished because
my core is so strong. And the amount of advanced
things I'm now able to do in Pilate's training is
I'm able to do way more advanced things now because

(01:38:40):
my core is so strong.

Speaker 4 (01:38:41):
Rick asked Mandy. I believe in regular treatments. Cost is
an issue. How much does m sculpt cost? It could
depends on what you need and how much you need.

Speaker 12 (01:38:50):
We are having a special this month on that and
we're also including free MIKB twelve shots with that, so
if you want to call the office and schedule a consultation,
we can identify what you need. We have a lot
of payment plans, and then once you've gone through your
first course of treatments, which is usually either four or
six treatments once a week for four weeks or six weeks,

(01:39:12):
then we have these kind of maintenance plans that people
can go on where you pay a low monthly fee,
like between forty and eighty dollars a month to just
kind of keep it up and get your treatment like
usually the people do like once a quarter for right tenants.

Speaker 4 (01:39:28):
Okay, Rachel is the owner of Region Revolution, and I
would always urge you guys, if you have questions, medical questions,
questions about any of this stuff, give them a call.
They give free consultations all the time for my listeners
and they can go Here's the problem with doing it
like this. Everything is so individually specific. This is not

(01:39:49):
a one size fits all place or one size fits
all treatment, So you have to go in there and
find out exactly what your situation is. Mandy, I've had
several abdominal surgeries resulting in a weak core. I also
have lots of internal scar tissue. Is this still an
option for me to strengthen my core? Read too? You
want to take that one.

Speaker 5 (01:40:08):
Yeah, definitely, that is definitely going to be something we
would set up a consultation for kind of get a
history on the surgery, if there's any metal or mesh netting,
hernia repairs, et cetera, and have to know all those things.
But yeah, that's definitely something that we can do to
help the abdominal muscles. But let's set up a consultation
so I can answer those questions in a more personal manner.

Speaker 4 (01:40:31):
Last question, Mandy, how often would a woman need to
do m CELLA follow ups? I had it in another city.
I'm almost seventy years old and active, an active runner.
She added a year ago. When does she need to
come in for a check up. Everybody's a little bit different.
I would say most people do it once every ninety days. Okay,
so you got to do a regular basis type thing
to keep it. Yeah, you kind of know when it's
time to do another one. Okay, it's just like any

(01:40:53):
other muscle.

Speaker 12 (01:40:54):
You strengthen, you're not going to go to the gym
and get to where you want to be and never
do maintenance, right, you know, right?

Speaker 4 (01:41:00):
All right? Rachel from rich you thank you so much,
Richo Patel with Reagen Revolution. I appreciate you making time today.

Speaker 5 (01:41:06):
Yeah, of course, thanks for having me. You guys have
a good one.

Speaker 4 (01:41:08):
You too, Rachel, thank you for making the trip. And
if you want to make a quick appointment at Regen Revolution,
it's so easy. Three oh three two nine two ninety
nine ninety two. A lot of people are sending me
questions like do you have treatments for fibromiologia and hypermobility?
These are the questions that you need to make an
appointment and go see them. But they help me with
my fibromolgia. So uh, I would say yes to the

(01:41:31):
first one. So Rachel, thank you, thanks for having us.
All right, Grant has made his way in the studio.
Give Grant his chair, Melissa, Melissa commentor you're gonna stand
like a tough guy because now it's time for the
most Wait a minute, let me try that again. Now
it's time for the most exciting segment all the radio
of its guide in the world. Love that day, all right,

(01:41:52):
Graham Smith in the studio with me now for his
uh daily beating. What is our dad joke of the day?

Speaker 6 (01:41:58):
How did Bilbos survive the entire Lord of the Rings trilogy?
Oh gosh, I have no idea, because old hobbits die, old.

Speaker 4 (01:42:09):
Hobbits die hard. Okay, what is our word of today? Please, sir?

Speaker 2 (01:42:14):
Well, my word of the day's freaking out when you
do trivia question first?

Speaker 4 (01:42:16):
Okay, trivia question. How did the Pomeranian dog breed get
its name? Because it looks like a little palm palm.

Speaker 2 (01:42:23):
That's a good guess.

Speaker 4 (01:42:24):
I'm going to say that the breed was developed hundreds
of years ago in Pomerania, a region of northeastern Europe
that was today part of western Germany and Poland.

Speaker 6 (01:42:34):
Now forgotten land. Word of the day, Oh my god,
I just freaked out again.

Speaker 2 (01:42:38):
Hang on two seconds. Okay, I got it.

Speaker 4 (01:42:41):
It is a scroll verb burl b I r l
b I r ld burl I mean does that mean
to make something fancy? To decorate something.

Speaker 6 (01:42:52):
No, spin something, thunder, spin, something like treading upon it?

Speaker 2 (01:43:01):
Okay, yeah, spend something.

Speaker 6 (01:43:04):
I don't even know what that means with the definition spin,
something like spin yard like a ball like on your finger,
to burl it, I don't know. Treading upon it like
a floating log. Okay, have you ever done that?

Speaker 4 (01:43:20):
My dad would have burled in his grave at the
very idea this one.

Speaker 11 (01:43:26):
No.

Speaker 4 (01:43:26):
I have tried and it did not go well, and
I'm pretty much determined I would never try it again
because I hurt myself very badly.

Speaker 2 (01:43:33):
You can fall hard on failing a burlier.

Speaker 4 (01:43:37):
I did. I was a failing burler. Nice try try anyway.
What is our Jeopardy category?

Speaker 2 (01:43:43):
Uh V day.

Speaker 6 (01:43:45):
So every single one starts with the letter alright. This
synonym for conceited was us?

Speaker 2 (01:43:54):
That is correct?

Speaker 6 (01:43:55):
Oh gosh, the prevailing fashion or a popular magazine devote
it to fashion.

Speaker 2 (01:44:00):
What is vanity?

Speaker 6 (01:44:06):
As a noun, it's the opening of a volcano in
the Earth's crust. As a verb, it means to give
forceful expression. Again, I feel like we should The last
one will help. As a verb, it's meant to give
forceful expression. To come on, you're literally doing it, You're

(01:44:28):
doing the thing. What is to vent?

Speaker 4 (01:44:31):
Oh stupid?

Speaker 6 (01:44:35):
It can be a decorative design placed at the beginning
or at the end of a book, or a short
scene taken from that book.

Speaker 2 (01:44:43):
I want to give Grant go ahead, give me the hint.
What are the things we make for the NFL draft?

Speaker 6 (01:44:49):
Audio Wise, it starts with a vhile, so he's back
to zero from the Spanish for watchman, it's one who
takes the into his own hands.

Speaker 4 (01:45:01):
And then it should have been good daily Yeah, ka
WA Sports coming up next. Will be back tomorrow, another
full show tomorrow.

Speaker 2 (01:45:12):
I know, don't get used to it. I know, Rocky
season right around the.

Speaker 9 (01:45:15):
Corner, I know.

Speaker 4 (01:45:16):
Anyway, that's all for this show. We'll be back tomorrow.
Keep it on KAA for k Sports Coming up next.