Financial Issues - 08.12.2025

Episode Transcript

Speaker 1 (00:03):
Welcome to Financial Issues, where we join reality with truth,
helping you make the most of your money by honoring
God with your investments. Now listen man, as we give
you the practical tools and advice you need to become
a biblically responsible investor.

Speaker 2 (00:24):
Good morning, folks, welcome back to Financial Issues. Wonderful to
be here with you this morning. I'm Sethidinski taking you
through this hour today.

Speaker 3 (00:31):
We are live this.

Speaker 2 (00:32):
Morning and it's great to have each of you here
with us. Make sure to say hello in any way
that you're watching. Join us on our live chat, Facebook, YouTube, rumble,
anywhere else you can find us. We live on x
as well. Sam, you're ready for some fun today. I'm
looking forward to it. Got another one?

Speaker 4 (00:45):
When am I not ready for you?

Speaker 3 (00:47):
Always?

Speaker 2 (00:48):
Yeah, that's an etching for it, that's the question. And
we do have a good show today, Sam, a big one.
Matt Staver of Liberty Counsel is going to join me
the next segment, folks, to discuss some of the most
important legal battles ongoing in our today. You're not going
to want to miss that segment. Also, Ai continues to
break into every sphere of life. We talked last week
about how some folks have been using it for their

(01:09):
investment strategy, including hiring practices as well. We'll take a
look at a headline there. Of course, your questions and comments.
Get those questions in for us. We'd love to interact
with you. President Donald Trump meanwhile, is looking to clean
up the nation's capital, possibly with an eye on other
major cities. We'll take a look at that later on
in the show. I for one, am a fan of

(01:29):
cleaning up the major cities in this country, as many
of them do need some serious cleaning. Good to be
here with all of you, Hey, just be reminded we
do have a commentary coming out probably in the next
day or so, Partner commentary. You're not going to want
to miss that. Check that out later this evening early
tomorrow morning. You should see that. And we also have
a live petition right now. We are trying to gain

(01:49):
the attention of Tesla. We want to make known to
them that we are displeased with the way that they
have handled their investor dollars concerning their support of abortion
and their support of the transgenderology. Folks, Listen, the ground
is ripe for some movement here with Tesla. Their CEO
Elon Musk, of course, has aligned himself politically with conservatives.
He has expressed his displeasure, at least on the surface

(02:13):
level with the trans stuff, and even I think in
some ways with the abortion stuff as well. He's very
pro reproduction and pro family. Maybe not the traditional way
to do it. We'd love for him to change that
a little bit here, But nonetheless, the ground is ripe
for this. So we want you to sign this petition.
If you have not signed it, I want you to
go right now to sign that petition on Financial Issues
dot org.

Speaker 3 (02:33):
We want to make our voices heard. To take us
to do so, you have no excuse.

Speaker 2 (02:38):
Very very easy. You're gonna every day, that's right. That's
that's what Sam's here for now. So sign that petition.
The easiest place to do it, folks, you go to
Financial Issues dot org.

Speaker 3 (02:47):
You click the megaphone button.

Speaker 2 (02:50):
There's also a pop up that should show up though
if you go to the website. Wait a couple seconds.
There's a pop up on the screen that kind of
takes over the whole screen. Just click on that. You
can sign the petition right there. Again, it's for partners
and non partners alike. We want to light a fire
under these guys. And you know what, folks, who knows
we're going to be sending this letter directly to Elon
Musk And we have no idea what the Lord will

(03:12):
do to use this. So the more eyes that see this,
the more signatures that we get on this, the better
chance we have to make an impact, and the better
chance that the higher ups at Tesla will see this
and maybe consider changing their ways. And that's our goal
with this obviously. Ultimately we want to be faithful to God.
So whether they change or not, we're being faithful here
with this, and we invite you to be faithful with
us also.

Speaker 4 (03:32):
Right because there's a question, especially with the trans stuff,
if Elon even knows about this. Sometimes CEOs just hire
their underlings to run the business and they go rogue
and just do what they want, especially during the era
of Dei, So that could be a kind of a
holdover from that era.

Speaker 2 (03:46):
Definitely, I wouldn't be surprised to sam with how big
Tesla is. I mean, look, Elon's a brilliant guy. He
knows how to build a good business, but.

Speaker 3 (03:54):
This is like five businesses. He's got so many businesses.
Eyes are always on Tesla.

Speaker 2 (03:58):
Absolutely, It's kind of like, truthfully, I liken it to
a pastor of a megachurch. It's really hard to know
your flock when you're the pastor of a megachurch. So
I'm not saying that megachurches are necessarily sinful or anything
like that.

Speaker 3 (04:09):
It's kind of that same idea.

Speaker 2 (04:10):
Elon's got a lot of people underneath of him, so
they might not even be aware of this, and that's
our hope, truthfully, is that once he gets word of this,
that he can see, Okay, this is what's happening, and
we need to change this. So all right, folks, let's
move now to the markets here. So yesterday they were
mixed as they opened. By late afternoon, they were a
little bit concerned with today's CPI data, which we'll get

(04:32):
to in just a moment. They fell underwater for the afternoon.
CNBC was having a field day preparing for financial armageddon,
as they always tend to do whenever there's the possibility
of poor data coming out, particularly during the Trump administration.

Speaker 3 (04:44):
It's almost as if CNBC is praying that it will
be bad, kind of like.

Speaker 2 (04:48):
Trump arrangement syndrome that we heard some of the guys
in the Trump administration talk about.

Speaker 4 (04:51):
Well, plus it's August, so there's not too much news
out there, so every little thing has to be hyped
up one hundred percent, so that could be going on.

Speaker 2 (04:59):
People are still talking about Sidney Sweeney's jeens after you know,
two weeks of that advertisement running, So yeah, you're exactly right.
Monday's closing bell, the Dow Jones finished just below half
a percent in the negative. The SB five hundred was
a quarter percent negative, the Nasdaq was three tenths of
a percent negative. So a relatively calm negative day for
the markets. The pre markets were really muted this morning
leading up to the CPI numbers. At eight thirty Eastern

(05:21):
time this morning, we got those Consumer Price Index numbers.
It was projected to increase zero point two percent in July,
two point eight percent for the year, and zero point
three percent and three percent on core according to the
Dow Jones consensus. It ended up coming in sam crept
me if I got these numbers right, two point seven
percent for the year, Yeah, that's right, three point was

(05:41):
it was?

Speaker 3 (05:42):
It around three point one percent for core CPI.

Speaker 4 (05:45):
Which cores three point one headline is two point seven yep, yep,
so that the headline number was actually slightly better than
what was expected, the core number not as much.

Speaker 3 (05:57):
The pre markets, however, seemed to be pretty pleased with this.

Speaker 2 (06:02):
Right now, the dal Jones is pricing into open at
half percent positive, the S and P five hundred pricing
into open an eight percent positive, the Nasdaq two thirds
of a percent positive. So all in all, the markets
seem pretty pleased, and it seems.

Speaker 4 (06:14):
Like a lot of that has to do with anticipation.
Anticipation with what the FED is going to do with
this data that it wasn't so hot that the Fed's
going to pull off from their plans to cut rates.
That seems to be the general feel in the market
this morning.

Speaker 2 (06:26):
And we did see Sam I think it was yesterday,
tell me if I'm correct on this, but one of
the FED governors said that they're hoping for three rate
cuts this year still, which I think would be three
for three of the last three Fed me.

Speaker 4 (06:38):
I think it was Bowman who said it could be
wrong who that was, but I'm pretty sure it was
Bowman saying, yeah, three cuts.

Speaker 3 (06:43):
This year for sure. So we'll have to see what
happens there. Folks.

Speaker 2 (06:46):
FED doesn't reconvene again until September, so we'll keep an
eye on that for sure.

Speaker 3 (06:49):
There.

Speaker 2 (06:50):
But elsewhere in the Financial News, Sam, we saw Scott
Bessen is looking to see US trade talks largely.

Speaker 3 (06:56):
Done by October. What can you tell us about this here? Right?

Speaker 4 (06:59):
This is an interesting line because you're thinking, wait, I
thought they were all done, the tariffs are here, the
regime is on. Well, you still do have those outstanding
talks to deal with, especially with some pretty major trading
partners like Mexico and Canada. Also, I know Switzerland, they
got slammed with a pretty high tariff rate, so they're
looking to sweeten the deal with Trump. So Scott Bessen

(07:19):
is saying he thinks those outstanding deals are probably going
to be done around October, sometime around that time.

Speaker 2 (07:26):
Good stuff, Sam, thanks for bringing that up. You know,
I'm confident that the Trump team will get it done
for sure. You know his negotiation tactics in the past.
How quickly these second tier nations are coming to the table.
And when I say second tier nations, I'm not trying
to like, you know, dunk on any of these other nations.
I just think the United States is the best, and
so anyone below them is a second tier nation. And
so I think they all know that too. They need

(07:47):
the United States as a trading partner. They need to
be in the good graces of the United States. Trump
is using that to his advantage here. I think we'll
see him get done.

Speaker 3 (07:54):
Sam.

Speaker 2 (07:54):
We did see interesting yesterday. Sam, I'll get your thoughts
on this. Trump did extend China's tariff deadline for three months.
What do you make of that, Sam, Well, it.

Speaker 4 (08:01):
Could be because you still have these outstanding deals. So
if you want to have the best leverage against China,
you'd want to have Mexico, Switzerland, and Canada all on
your side so you can kind of corner them in
a little bit better.

Speaker 3 (08:13):
Yep, yep. Absolutely.

Speaker 2 (08:15):
So that's what's going on folks in the markets this morning.
The big news headline of yesterday we're going to save
for later on in the show. Trump is cracking down
on DC crime safety. But again we'll save that for
later on in the show. Right now, I thought it'd
be good to follow up from yesterday. We had a
good conversation about wealth and Christians building wealth. Sam, why
don't we read some of these comments that we got
yesterday in the chat.

Speaker 4 (08:35):
Yeah, so this is from Nathanny says, I seek well
to do my part at making sure my wife and
I are able to care for ourselves in our older ages.
We don't have anyone else to help us, and I
ask God to help us build our wealth according to
his will. I trust him no matter how much or
how little we have.

Speaker 3 (08:51):
That's great, man, that's really excellent.

Speaker 2 (08:53):
You know, I've seen too many forty fifty sixty somethings
still reliant upon their parents for wealth. I've even talked
to some people who I know who don't have any
retirement plan. Their retirement plan literally is, and I quote
their words, are just waiting for whatever inheritance their parents
are going to give them, whether it's a house or
something else like that.

Speaker 3 (09:13):
That's not the way it's supposed to did I hear
you right?

Speaker 4 (09:14):
You said fifties and sixties, and they're still relying on
their parents.

Speaker 2 (09:18):
With certain people, you know, it worked out where you know,
parents were younger when they had them, so their parents
are still around. And yeah, folks, it's not the way
it's supposed to go. We need to trust in God
to provide for us. We also need to trust in
what God has given to us, in our ability to
be able to work hard for what He has given us,
and not also trusting and relying on just someone else

(09:43):
giving us something when they die. We need to be
building that for our future generations. There, and Nathan, I
so appreciate that you and your wife are able to
do that. You don't have anyone helping you, but you
trust that God is going to help you build it
little by little.

Speaker 3 (09:55):
I think it's great. What else do we have there, Sam.

Speaker 4 (09:58):
Nelson saying manynineteenth century business owners were Christians and became
wealthy by creating productive businesses. Most of them turned around
and gave away most of that wealth, Nelson, They sure did.

Speaker 3 (10:09):
That's awesome.

Speaker 2 (10:09):
And you know, I found that to be the case
often that if you're a wealthy Christian, you're probably generous.
You know, if you're either you're not wealthy or you're
not a Christian, and then you're not generous. If you're
a truly wealthy Christian, wealthy Christians are generous, and folks,
I just want you to imagine for a second the
kind of impact wealthy Christians can be for the Kingdom

(10:30):
of God.

Speaker 3 (10:31):
It is a risk.

Speaker 2 (10:32):
The risk is you have a lot of money, and
the risk is you're going to fall in love with it.
But if your heart belongs to God, you're protected from
that risk. So you know, I do hope, folks, as
we said yesterday, that we'll all be striving to achieve
that that we'll be able to build wealth with the
glory of God, knowing none of it belongs to us,
it's all his. Anyways, we on the show with that
phrase every day. Just a great force to be reckoned
with you the kingdom.

Speaker 3 (10:51):
All right, folks.

Speaker 2 (10:51):
Matt Dave are coming up next on the other side
of this break, more financial issues right after this.

Speaker 3 (11:06):
Welcome back, folks, financial issues. Great to be here with
you this morning.

Speaker 2 (11:10):
Hey, I got a special guest joining me, my friend
and a friend of our ministry, Matt Staver. Matt's the
founder and chairman of Liberty Council. Liberty Council doing some
great work, folks in the fight to keep the freedoms
that built this country intact, particularly in the legal system.

Speaker 3 (11:26):
Matt. We appreciate the work you guys do, brother, and
welcome back to the show. Thank you. Good to be
with you as always, Yes, sir, great to have you, Matt,
let's begin.

Speaker 2 (11:33):
I'd just like for you to give a recap of
some of the biggest cases that you guys at Liberty
Council were involved in during the last Supreme Court session.
So what took place in last year's session that our
listeners need to be aware of. Maybe we weren't following
quite as closely obviously as you know, you guys are.
What was happening.

Speaker 5 (11:49):
Well, there's a several cases at the US Supreme Court
that we were involved in which we filed grace. One
is Medina, and that involves the state having a right
to defund Planned parent or any abortion provider like Planned
Parenthood from the Medicaid process, and that was upheld by
the United States Supreme Court, allowing states therefore to defund

(12:10):
abortion providers like Planned Parenthood. Another case is one involving
LGBTQ issues in having states with the right to be
able to ban puberty blockers, cross sex hormones, and mutilating
surgeries on miners. In other words, a state having the
right to protect miners from exploitation of this LGBTQ radical

(12:33):
mutilating agenda that will literally provide puberty blockers opposite sex
hormones and then amputate healthy body parts. That was upheld
by the United States Supreme Court. And then we have
another case, the mack Mood case, and that was a
situation involving a school that wanted to indoctrinate children beginning
in kindergarten first grade with a very radicalized LGBTQ agenda

(12:58):
and did not allow parents to opt out. They were
infusing this outside of their sex education agenda or curricula,
because there you have an opt out provision. So they
moved it out of the sex ed and put it
into literature so that there was no opt out. You
had to receive this curricula in order to continue to

(13:20):
have school and graduate. And they were infusing it from
very young age, a very radicalized agenda. Parents wanted to
opt out, the school said no. This is Montgomery County, Maryland,
very radical school that has been pushing this LGBTQ agenda
for some years. And the good news is the United
States Supreme Court sided with the parents under the First

(13:41):
Amendment for exercise of religion, saying that they have a
right to opt out.

Speaker 3 (13:44):
So this is a huge victory.

Speaker 5 (13:46):
So defunding planned parenthood allowing states to protect children from
this exploitation of LGBTQ agenda, and then allowing parents to
opt out. Those are three among some of the major
blockbusters from the US Supreme Court and.

Speaker 2 (14:02):
Three big wins there. Brother, that's excellent stuff, you know, Matt.
As you were talking, it kind of got me thinking, Okay,
we've been in something of a reprieve I think, certainly
for the people of God these last seven months, as
we got a president an administration in that's trying to
restore the values that built this country. But as we're
seeing with these cases that you just mentioned, the other

(14:22):
side is not slowing down. They're still trying. Can you
speak to that for just a moment, Matt, How do
you guys at Liberty Council kind of keep your head
on a swivel as you understand, listen, these attacks on
children when we're talking about the trans ideology or abortion,
how about trying to kill children before they even see
the light of day.

Speaker 3 (14:38):
They're still coming. How do we be prepared for this?

Speaker 5 (14:41):
Well, you have to multitask number one. You juggle a
lot of different balls at the same time, but you
never give up, and you continue to press forward and
that consistency and faithfulness over time pays off. For example,
Roe versus Wade that had been in existence for forty nine,
nearly fifty years. We litigated, others, litigated, pray, people worked

(15:01):
in the halls of Congress. Some things we won, some
things were setbacks. But overall what happened is in twenty
twenty two, Row versus Way, Planned Parent versus Casey was overturned.
Same thing with the nineteen seventy one decision Lemon versus Kurtzman.
It really distorted the First Amendment, free exercise, free speech,
and establishment clauses to make it very hostile toward people

(15:22):
of faith. Since nineteen seventy one, fifty one years in
the making, we filed briefs, We got some temporary good victories, setbacks,
but continue to press forward. That was overturned by the
United States Supreme Court in twenty twenty two, and so
you have to just continue to press forward, never give up.
You have to have strategy that is a winning strategy.

(15:43):
And so in these particular situations, yes, you have President
Donald Trump. I think one of the problems that we're
seeing right now is some people think that everything is
fine with President Trump in the Oval office, and he's
done amazing. I mean just there's no comparison to any
other president in history to Donald Trump in so many
different ways. But the problem is is that he can't

(16:05):
solve all the problems, and so these cases, these issues
still go forward, and really the people need to get
involved at the federal level with their members of Congress,
and at the state level, at every level local as well.
We need to get involved because we have a limited
window of opportunity. What my concern is is that people
relax thinking that all is well with President Donald Trump

(16:29):
and the White House and not take advantage of the
opportunity that we have and that he frankly is giving
to us, because he is setting a very significant, aggressive agenda.
If we don't capitalize on it, if things turn a
different way in the next presidential election, we'll be on

(16:49):
the brunt end of these kinds of situations where wrath
will be coming against people of faith in Christians. So
that's why we need to take this time, use it
wisely in advance, so that we can change the landscape
for generations to come for good.

Speaker 3 (17:04):
Matt, I appreciate your wisdom with that.

Speaker 2 (17:06):
One more question on this and then we'll turn to
some cases still going on with Liberty Counsel. My question
for you, Matt is how do we make sense of
and maybe just you know, give us some insight and
wisdom on this. Trump has obviously been trying to get
a lot of things done. One of the roadblocks that
he's come across, sadly, has been a lot of these
local judges who are just blocking things that he's trying
to do. How is that even allowed? And what do

(17:27):
you make of that? Is Trump able to find ways
around some of these rogue judges.

Speaker 5 (17:32):
He is finding ways, and he'll have to continue to litigate.
This is but one of the other cases. Another blockbuster
case from this term is a case involving President Donald
Trump involving nationwide injunctions that came out of the citizenship
provision in the US Constitution. That was challenged and the
President narrowed the focus down to nationwide injunctions. The Supreme

(17:54):
Court sided with him and said, these judges cannot issue
these nationwide injunctions. And that was one of the problems
that we face. A single judge in some place of
the country selected by the radical opponents of President Donald
Trump's agenda would find these judges. These judges then would
probably not even have a case that merits standing or consideration.

(18:18):
But then they would issue these injunctions not just to
the parties, but that cover the nation, and they were
dictating domestic and national policy. That is the prerogative of
the president. The Supreme Court said, no, we can't do
that anymore. If you issue an injunction has to be
limited to the very specific individual plaintiffs in your case.
So that's a huge win. It doesn't mean, however, that

(18:39):
the judges are just simply going to comply. What it
does mean, however, is that is significant. It will curtail
these out of control judges.

Speaker 3 (18:47):
But he's got a lot of other judges.

Speaker 5 (18:49):
That will push against him. He's fighting them. I think
he's going to create more good president at the United
States Supreme Court. At the end of the day, these
out of control judges for the most part, are going
to be cabined, controlled and their wings are going to
be clipped, if you will, by the United States Supreme
Court because we can't have the judiciary run in the country.

Speaker 2 (19:10):
Well said brother, all right, Matt, let's move now to
some of the cases you guys are working on. Right
Now I saw a release on your website of we
was last week about a case in the Pacific Northwest.
You guys took this up concerning a violent attack on
Christians at the hands of Antifa and LGBTQ riders. Give
us a sense of what happened and why are you
guys getting involved in this case.

Speaker 5 (19:29):
Yeah, this is the Mayday situation. It grew out of
Peru where some people Christians got together to push back
against George Soros and his agenda. And so they had
a movement that essentially was hashtag don't mess with our kids,
and they gathered together in Christian prayer and assembly, and

(19:50):
that ultimately pushed back and stopped George Soros's agenda. They
were standing for children, against the radicalism of the LGBTQ
community and agenda and also abortion, protecting the kids and
families in their communities. So in America there were churches
that wanted to have something patterned after that where they
would gather together for prayer and assembly. It was called

(20:11):
May Day. It was being done in May. It was
that five cities, Miami, New York, and some other cities.
The three original cities went with no problem. It went
to Seattle, and that's where the problem occurred. The Seattle
officials denied the right for this group to meet in
a public park. They put them in a very predominant
LGBTQ community, knowing there was going to be trouble, and

(20:33):
there was Antifa and the LGBTQ radicals showed up. They
filled water balloons or balloons with urine and threw it
on the Christians, and then the mayor said very negative
things about the extremest Christians that were gathered there. Well,
then Los Angeles denied that group. That was the fifth
city of the five. They denied them saying you couldn't

(20:57):
go on Hollywood Boulevard. Yet a few days later they
allowed a pride event on Hollywood Boulevard that just literally
filled the entire street.

Speaker 3 (21:07):
So we have lawsuits that are.

Speaker 5 (21:09):
Being filed against both Seattle and Los Angeles on behalf
of these may Day organizers because this is unconstitutional intimidation
of people because of their faith.

Speaker 3 (21:18):
It's intended to silence them.

Speaker 5 (21:19):
We're not going to allow that.

Speaker 3 (21:20):
To occur, Madam.

Speaker 2 (21:22):
So glad you guys are standing in the fight there,
and I'm glad you brought this up too. I'm glad
that the LC dot Org has this because, truth be told,
I probably would not have found this on a mainstream
news site had you guys not brought it up, because
this story is probably being covered up by the mainstream
left leaning media. My question for you, Matt in regards
to that. With you, we're still seeing a two tier

(21:44):
justice system justice system. You mentioned what was happening in
LA with the Christians being targeted, but then LGBTQ folks
allowed to do the same exact things. How would you
encourage Christians to stand firm even in a culture that
still radically stands opposed to us. Despite the fact that
we're now in the Trump administration, we still see this opposition. Well,
let me give you an example of Kim Davis.

Speaker 5 (22:03):
This is the case that now is penning before the
United States Supreme Court that we are asking the High
Court to take to not only grant her First Amendment
rights under their free exercise clause, but also to overturn
the twenty fifteen of Burgerfell opinion. Kim was an individual
who was not following the Lord. She was radically changed
a few years before twenty fifteen when the Supreme Court

(22:25):
issued this opinion. Five to four that Chief Justice John
Roberts said, five lawyers imposed their opinion, not a legal judgment.
It has nothing to do with the Constitution. And then Kim,
as a result of her Christian beliefs, where she could
not put her name in a title on a marriage
that does not align with God's definition of marriage of
a man and a woman, she was sent to prison,

(22:45):
lost her liberty for six days, and then she now
faces hundreds of thousands of dollars personally in fines as
a result of that decision, notwithstanding the fact that she
got a religious accommodation that she eventually requested months later
with a new governor, and then she got it with
the legislation as well in April twenty sixteen. So she's

(23:08):
standing up. It's not easy sometimes, but that lady, because
of her commitment to the Lord, can change the destiny
of the United States of America and have a precedent
that will last for a generation.

Speaker 3 (23:20):
So never ever, ever give up, Matt.

Speaker 2 (23:23):
I love to hear that, and that was one of
the cases I wanted to ask about. I'm so glad
you mentioned that. Perhaps when we have you on the
next time, we'll have to follow up and see how
that case goes. Matt will continue to pray for the
work that you guys do, and thank you so much,
Matt for standing in the fight for us, for our
religious freedoms in particular, Folks. Else dot org is the
place to go if you learn more about the great
work that our friends at Liberty Council do Again.

Speaker 3 (23:44):
Else dot org. We got more financial issues coming right
on the other side of.

Speaker 2 (23:48):
This break stick with us, folks. I hope you enjoyed
that interview with Matt. Stab appreciates so much our friends
over at Liberty Council. Jay in the chat given a

(24:10):
great comment Jay from Texas saying, Seth, I wish Matt
Staber would give us some ideas on how we as
ordinary Americans can help President Trump and this great pushback
against wokeism.

Speaker 3 (24:18):
Jay.

Speaker 2 (24:18):
Appreciate that I apologize it and have time to get
to that question during my interview with Matt. But let
me just encourage you right now, brother, that the way
you invest is a huge way that you can fight
back against wokeism. The way you invest is massive. Your money,
as we've talked about these last two days, can be
a tremendous tool for good or evil and.

Speaker 3 (24:39):
We want to use it for good. Ultimately, I would
tell you Jay as well.

Speaker 2 (24:42):
I don't know how old you are, but if I'm
speaking to you as someone in my situation, I'm in
my thirties and I have three little potential disciples of
Jesus Christ. I actually believe two of them are already saved.
They've made professions of faith, and I see the fruit
of the Spirit in their young hearts. That is where
I begin to put back against wokeism is over my
sphere of influence. I'm raising up three little children right

(25:04):
now with my wife, and I'm doing everything I can,
everything in my power to teach them to love Christ,
to teach them to hate what is evil, to love
what is good. And I would tell you, Jay, start
with those spheares of influence there, because you have no
idea what kind of impact that could have for the
people in your family. You might be older, you might
have kids or grandkids, nieces, nephews, you might have the

(25:26):
opportunity to serve in your church. I think those would
be all excellent ways to start, and those little spheres
of influence. Remember, God promises us if you're faithful in
those things, He'll give you more to be faithful with
more spheres of influence. So that's how I'd encourage you,
their brother. But next time I have matt On, i'd
be sure to know ask him that I had a
couple more questions I wanted to ask him. We didn't
have time to. So appreciate that question, Jay, it's a

(25:47):
great one. Let's go here now, folks, to a couple
of headlines. Actually, before we get to headlines, let's take
a look at the markets they just opened up. Everything's
in positive territory, feeling good. The Nasdaq is three quarters
of a percent up, the S and P five hundred
is two thirds of a percent little less than that up,
the Dow Jones a little more than half a percent up.

Speaker 3 (26:04):
This morning.

Speaker 2 (26:05):
Oil is sitting right at sixty three dollars and sixty
three and a half dollars a barrel or so, and
the US tenure treasury yields are at four point three percent.
That's what that's looking like this morning. All right, Sam,
let's move now to this AI trend. We're seeing new
jobs be developed, hiring practices.

Speaker 3 (26:23):
AI is going to have a lot to do when
it comes to employment. What can you tell us about this, Sam.

Speaker 4 (26:27):
Well, as you know, the tech sector is booming right now.
All those stocks in the tech world have been booming
for some time because of AI. But with that there
has been a fear is this going to take away
all the jobs? Are we all going to be working
for the terminator in the next couple of years. A
Pew Research poll shows more than sixty percent of Americans
believe that AI will result in fewer jobs over the

(26:48):
next twenty years. But now some new research is suggesting
that might not be the case. In fact, small businesses
are looking to hire new people thanks to AI. That's
according to a Goldman survey that shows nearly seventy five
percent of small businesses say they're using AI and because
of it, they plan to grow their businesses this year,
with nearly forty percent of those businesses saying it will

(27:11):
help them create new jobs. So that's really good news.

Speaker 3 (27:15):
I mean, it.

Speaker 4 (27:15):
Should be clear that AI is going to replace some jobs,
but many tech industry experts do think that in the end,
besides some back office data entry type jobs, most jobs
will not be replaced. It's just the nature of them
is going to change because of this new technology, which
tends to be the way that technology works.

Speaker 3 (27:33):
Yeah, Sam, that's great news. So I'll be honest with you.

Speaker 2 (27:35):
When I saw this headline yesterday, when you had given
it to me for our notes today, my first thought
was oh AI's replacing jobs. But then I actually read
the headline, I was like, oh, wait a second, it
might actually be cultivating jobs. And I can get behind
that absolutely. I think that's fantastic, folks, regardless of it.
Here's the deal. We're living on the cusp of something

(27:57):
potentially world altering, and you've got to reckon with that. Okay,
I am. Usually I'll pull the curtain back a little
bit on you. Sometimes I feel like I'm an old man.
I talk to my wife about this stuff all the time,
and she's way more up with the times.

Speaker 3 (28:09):
Than I am.

Speaker 2 (28:09):
I feel like I'm five to ten years behind every
technological advance.

Speaker 4 (28:14):
I mean, the fact you just said up with the times,
that's kind of a giveaway right there.

Speaker 2 (28:18):
That's right, I'm going to read my news. But now
that's honestly how I feel sometimes. But I'm realizing now
as my coworkers are are figuring out ways to use AI,
and I'm coming to reckon with it as well. I
at least have to be able to have some kind
of comfortable working relationship with AI.

Speaker 3 (28:36):
That's right.

Speaker 4 (28:37):
The way you guarantee you are going to be replaced
by AI is by not using exactly you want to
learn how to work with it.

Speaker 3 (28:43):
That's going to be the future exactly.

Speaker 4 (28:45):
Like imagine someone right now trying to get a job
and they don't know how to use an email or
type in a www on the on Google or something
like that.

Speaker 2 (28:53):
And you know what, Sam, it wasn't that long ago
when they were facing that twenty five years ago. People
were in that situation thirty years ago. So it shows
you how fast technology moves folks, for sure. But AI
is going to impact everything. It just will a job
market investing. As we discussed last week. We have to
be ready for it. And like we said, Sam, I
don't think it's necessarily a bad thing. My hope is

(29:14):
that mankind can benefit from the strides made in AI.
And when we look back in the history books, we
see this not as something that stole from humanity, stealing jobs,
stealing things, but actually something that helped it creating jobs.
That's what it seems like this article is saying here,
Sam and I'm hoping that it's true.

Speaker 3 (29:32):
I think that could be a really good thing if
history shows us anything.

Speaker 4 (29:37):
Yeah, I think what's going to happen is you are
going to have some growing pains where you do lose
some initial jobs. I mean that happens at the turn
of the twentieth century when you had all these technological advances,
the Industrial Revolution, you had people losing their jobs. But
then with the factories and all these other things coming about,
people just change the work that they were doing. So yeah,
it got rid of some jobs for some time, but

(29:58):
it also created an explosion of new industry.

Speaker 3 (30:01):
Absolutely absolutely so.

Speaker 2 (30:03):
I think you know, with as with all things AI,
you have to use it well, folks. It's a neutral
phenomenon that can do great harm if misdused. I think
that's really the important thing is it can be very
harmful if it's misused. It can also do great things
if it's used well. But you know what, folks, the
same thing with this little thing that I have in
my hand right now for a radio audience, I'm holding

(30:24):
up my cell phone. It's the same exact thing. It's
the same thing with a car as well. These are
things that are neutral things. It's the same thing with money,
by the way, it's how we use them, and we
need to use them well, steward them well for the
glory of God, and if so, we can make some
really good things happen with them.

Speaker 3 (30:39):
Good stuff.

Speaker 2 (30:40):
All right, Well, sam I mentioned earlier that we talked
about how the news cycles kind of slow, and as
a result, everybody is still talking about the Sydney Sweeney ad.
Apparently most Americans don't believe that American Eagle supports Nazism
and white supremacy.

Speaker 3 (30:55):
Well, can you tell us about it? But it has
the egle on it.

Speaker 4 (30:59):
It's like talks about Jenes, blonde hair, blue eyes, all
the bugaboos. Yeah, Americans are just not buying it. Twelve
percent of all voters, just twelve percent, that is, think
the ad is actually Nazi propaganda or white supremacy oriented.
By the way, only two measured demogra graphics actually think
that it might be. And I guess what they are

(31:19):
said their government employees and those like us.

Speaker 3 (31:22):
Who talk about politics every day.

Speaker 4 (31:24):
So it makes me think that a lot of these
people who even say that it's Nazi propaganda don't really
believe it. They just have to have something to talk
about on the radio.

Speaker 3 (31:32):
They have to be able to exactly right.

Speaker 2 (31:34):
And government employees too, can't escape those ones for sure.
Not exactly a surprise. We're seeing common sense winning the
day hopefully again, Sam. So that's good stuff there. Hey,
some quick hitters here for.

Speaker 3 (31:44):
You, folks.

Speaker 2 (31:44):
The US budget deficit is widened by one hundred and
nine billion from a year ago, despite the influx in
tariff revenue. Meanwhile, Ford announced, I believe, yesterday a two
billion dollar investment in Louisville, an assembly plant aimed at
cheap we mentioned earlier.

Speaker 3 (32:02):
Fed Governor.

Speaker 2 (32:02):
We believe it's Bowman maintains an outlook for three interest
rate cuts in twenty twenty five. It'd be very interesting
to see if that actually happens there, Sam, We'll have to.

Speaker 3 (32:10):
See that for sure.

Speaker 2 (32:11):
Also, soybeans jump as Trump is urging China to quadruple
US buying. Folks are gonna have the agriport in just
a moment here. I am going to have Craig Howgard
on the program with me, god willing tomorrow. So if
we can get Craig on tomorrow, perhaps I'll ask him
about that. So that's what we're looking like there. All right,
let's do this. Let's do a little chat run down here.

Speaker 4 (32:30):
I wanted to say something about there, because it's a
budget deficit thing. It widens by one hundred and nine
billion dollars despite the influx of tariff revenue. I mean,
that just goes to show it doesn't exactly matter how
much money you're bringing in if your spending habits don't change.
I know that that's not necessarily the cause of all
of that right there, but it does show even if
you rake in all this money and then you still

(32:52):
spend more, it's not gonna matter a lick. We have
a spending problem in this country, and it's not going
to be fixed just by making more.

Speaker 3 (33:00):
So well said Sam.

Speaker 2 (33:01):
You know, let me, folks, let me let me piggyback
off of what Sam said there for just a moment
and tell you one of the core values that Dan Celia,
the founder of this ministry, who went home to be
with the Lord about three and a half years ago,
what he taught all of us here at the ministry,
and what he taught to all of you for twenty
five years on the radio, is if you're going to
be successful with your money, there's one key aspect that

(33:23):
if you don't get it right, you will not be successful.

Speaker 3 (33:25):
And that is to.

Speaker 2 (33:26):
Live within your means, To live within your means, to
live off of less than you make, to be able
to when you see money come in, to have that
money have a purpose. Living within your means is so
so very important, and I really do think Sam, that's
what separates people who succeed with money and people from
fail people who fail with it. You hear stories all

(33:46):
the time about people who you know, they enter these
high paying jobs making one hundred and hundred and fifty thousand,
two hundred thousand dollars a year, yet they're in massive debt.
Their lifestyle creep has crept up with them, and so
they're living like they're a multi millionaire when in reality
their net worth is actually less than zero, even though
they're breaking in a whole lot of money. Sam, the

(34:08):
point you just brought in, it does not matter ultimately
how much money you bring in if you're not living
on less of it, less of it than you bring in.
You've got to learn to live within your means, folks.
And that's a biblical principle there.

Speaker 4 (34:20):
The sad thing is with you and I with the
average Joe. Reality can set in if you don't live
within your means, some bad consequences are going to happen.
You go bankrupt, you could be homeless, all types of
terrible things could happen. The government is insulated from those
realities because they can just keep raising taxes and kick
the consequences down the road. They think, you know, it's
gonna be my grandkids that have to deal with this problem.

(34:42):
I'm going to be dead and gone, so what does
it matter to me? And that's just a really bad
mindset and it's unfortunate that the government just doesn't have
to face those realities.

Speaker 2 (34:51):
Yeah, yeah, absolutely so a good lesson once again, Sam.
I think we talk all the time about how you
look at the government as an example of what not
to do, and this would be one of those instan
This is there for sure. I hope that each and
every one of you, And I'm so grateful because so
many of you in our audience have shared testimonies how
you learn to live within your means and that's how
you grew your wealth, and that's what we're trying to
do here as young guys. And yeah, just I'm grateful

(35:14):
to be surrounded by people who are doing that.

Speaker 3 (35:15):
Well, y'all are doing a great job with that. We'll
talk more about this on the other side of the
break more financial issues right at Pleas.

Speaker 6 (35:29):
The opinions and recommendations expressed on this program do not
necessarily represent the opinions of the station or any of.

Speaker 4 (35:35):
The program sponsors.

Speaker 6 (35:36):
Additionally, all products or services offered by the program sponsors
may not be known by the program.

Speaker 2 (35:46):
You know, folks, one of the things that I appreciate
so much about this ministry is the ability for me
personally to have learned so much over the years.

Speaker 3 (35:54):
Sam, I don't know if you remember this.

Speaker 2 (35:55):
I think you were here for this, But about four
or five years ago, Dan sat us all down and
did the first of what was going to be a
kind of a series of just like financial one oh
one classes.

Speaker 3 (36:05):
It was just so cool to hear some of the
things that he said.

Speaker 2 (36:07):
But one of the main things that he said in
there was the one of the core tenants of someone
who has gotten control of their money and has done
it well is they learned to live within their means.
And I never forgot that, And it was it was
just it was it was really cool to hear that
from Dan, and so, yeah, folks just can't encourage you enough.
If you learn how to do that, that's that's gonna

(36:27):
make so many other things fall into place.

Speaker 4 (36:29):
Well, And it's just basic discipline. So if you learn
how to discipline your money and discipline your impulses, that's
also going to apply to so many other things in
your life. So it really is a wide sweeping principle there,
if you can get it down.

Speaker 3 (36:43):
Yeah, well said man.

Speaker 2 (36:44):
Let's say hello to some folks here on the Chat
Showy Sam Brian from Virginia saying, Hello, John and Alabama.

Speaker 3 (36:48):
Good to see you, David, Darlene. Good to see you guys.
As always.

Speaker 2 (36:51):
This morning we got Eddie from Tennessee. Hello Eddie, great
to see you again. My brother, did I say, Brian, Kara,
Brian and Karat, Great to see you guys. Timoth from Ohio,
Hello Timothy. Nice to see you. Steven in Oklahoma, Great
to see you as well. Lisa and Texas.

Speaker 3 (37:06):
There you are.

Speaker 2 (37:06):
I think we have both Georgies this morning. I see
at least George from North Carolina, Little George and Big
George as they call them in the chat. Uncle John
is there as well. Good to see you, Uncle John.
Appreciate your comments about the stuff going on in DC.
We'll talk about that in a moment. Mariza from Oregon
is here this morning.

Speaker 3 (37:22):
Mariza.

Speaker 2 (37:22):
It's early for you, but great grateful to have you
getting up and joining us so early on financial issues.
Thanks for joining us today. Let's see who else we
got there? Jay in Texas? Hello, Jay, we did your
comment earlier. Good to see you there, brother. Let's see here.
Who else?

Speaker 3 (37:38):
I see Mark in the chat? I see Claude is there? Claude.

Speaker 2 (37:41):
Happy to have you as well, brother. Good to see
you guys all this morning. Let's get to Sam. You
don't let's do this first? Why don't we do the agroport.
Weren't able to do it in the last segment, but
we've got it here. Now we'll hear from Craig Howgard
and then we'll talk about what's going on in DC.
But first, here's Craig Howard with today's agroport.

Speaker 7 (37:57):
This is Craig Hoggard with your financial shoes AGG update
for August twelve. Well, today's price action and grain is
going to be driven by today's USDA report. The report
which is going to be released at high noon Eastern
time is expected to show changes and the estimated national
average yield for corn and soybeans. Now what those numbers
are will determine today's price direction and the strength of
that move. Yesterday, corn was pulled higher by a strong

(38:20):
soybean market as well as better than expected weekly export inspections.
As a result, we had to semb corn two and
a quarter cents higher at four oh seven and three
quarters well. Sunday evening, President Trump posted the following, China
is worried about it. Shorty of the soybeans. Our great
farmers produce the most robust soybeans. Hope China will quickly
quadruple at soybean orders. This is also a way of

(38:40):
substantially reducing China's trade deficit. Rapid service will be provided,
Thank you, President g And with that tweet, we were
off to the races. As result, November beans were twenty
three and three quarter cents higher as they closed at
ten to eleven and a quarter a Weat found itself ignored,
with no Chinese effect helping it out. As a result,
the wheat markets finished the day's lightly higher. In the

(39:00):
more nearby months, well the more deferred months showed some
slight losses. Minneapolis September week was a penny higher at
five seventy seven and three quarters. Kansas City rose by
three quarters with centicles at five nineteen. In Chicago was
a half cent higher at five dollars and fifteen cents
per busham Gotten futures kept sliding sideways. December futures ended
the day sixteen points higher yesterday as they closed at

(39:22):
sixty six seventy six. Livestock futures were all slightly higher.
October live cattle were twelve and a half cents better
as they closed the two hundred and twenty six dollars
and ten cents per hundredweight. September feeter cattle rose by
twenty two and a half cents, closing at three d
and forty dollars and sixty cents per hundred. October lean
hog futures a buck and of ten cents higher and
ninety one dollars seventy seven.

Speaker 3 (39:43):
And a half cents per hundredweight. Class three MIE futures.

Speaker 7 (39:46):
Got back on a winning track the closing bell. We
had September futures twenty five points higher as they closed
at eighteen eighty seven. This has been Craig Holliguard with
your financial issues Egg update. We'll be right back with
more financial issues after this.

Speaker 3 (40:04):
There's Greig Havard. Folks.

Speaker 2 (40:05):
Always great to have him here. Brian from Virginia gave
a shout out as well. Any non partners in the chat,
please say hello. We'd love to hear from you as well.
We appreciate you so much. Maybe you're not a partner,
you're just a listener to the show. Happy to have you.
Please ask your questions as well. If you got him,
all right, Sam, Let's move to the nation's capital here.
So we saw Trump cracking down on Washington, d C.
Trying to clean up the city, clearing out many of

(40:27):
the criminals, homeless, other things like that.

Speaker 3 (40:30):
There's a lot to talk about here. What have we
got so far.

Speaker 4 (40:32):
And taking some dramatic steps to do so, I might say,
placing the city's police under federal control for the next
thirty days and also deploying the National Guard. Here is
the President making that announcement yesterday. We do have that clip.

Speaker 8 (40:46):
This is Liberation Day in DC, and we're going.

Speaker 3 (40:50):
To take our capital back.

Speaker 8 (40:51):
We're taking it back under the authorities vested in me
as the President of the United States, I'm officially invoking
Section seven of the District of Columbia Home Rule Act,
you know what that is, and placing the DC Metropolitan
Police Department under federal control.

Speaker 3 (41:10):
And you'll be meeting the people that will be.

Speaker 8 (41:13):
Directly involved with that. In addition, I'm deploying the National
Guard to help re establish law order of public safety
in Washington, d C.

Speaker 3 (41:23):
And they're going to be allowed to do their job properly.

Speaker 4 (41:26):
If you've been paying attention to the news, you'll know
that this announcement follows several high profile crime stories coming
out of the nation's capital, including a brutal attack on
a former DOGE staffer and even the murder of a
congressional intern. During that press conference, Trump had shared some
stats revealing that the murder rate in DC is higher
than the capital cities of Columbia, Mexico, as well as

(41:49):
some Middle Eastern countries I think Iraq as well, and
you know that those are not good countries. And yet
the United States has a higher murder rate in our
nation's capital, which is just a disgrace. By the way,
it's not just DC. Crime has been rampant, especially since
twenty twenty in major cities across the country, having severe
impact on local businesses. New York City, for example, has

(42:11):
lost nearly half of its drug stores in the past
ten years, thanks in large part to shoplifting. Meanwhile, Target
and other big box retailers have been closing stores in
high crime cities, and Rolex Macy's, Walgreens, Whole Foods, and
other stores have completely shut down locations or at least
scaled them back in San Francisco again, at least in

(42:32):
part because of shoplifting and other crime.

Speaker 3 (42:35):
Sam thanks for bringing this up.

Speaker 2 (42:36):
This is unfortunate, you know, especially considering the fact that look,
cities are in some ways the bedrock of our country
and for centuries. Though unfortunately cities, while being so important
when it comes to trade and it comes to business
and other things like that, and providing course housing for people,
a lot of people live in cities. They've been places
where godlessness tends to be more normative than in other locations.

(42:59):
It began with Sodom and Gomorrah.

Speaker 3 (43:01):
One of the first major cities in world history, was
kind of the poster child of godlessness.

Speaker 4 (43:06):
I'd argue it goes back furtherb.

Speaker 3 (43:09):
Babel that's right. Babel was really the first one.

Speaker 2 (43:11):
Yep, if we get if we build a tower, then
it'll be right. Yeah, goofy folks listen. I'm staunchly anti city,
but not because of cities per se. I don't want
to live there. I have no desire to live in cities.
But one of my favorite hobbies I enjoy I love
seeing the Philadelphia skyline. I love seeing how far away
from the skyline I can see the skyline. I love

(43:33):
my hometown's major city. I want to see it recaptured
for the gospel. I really do that said, it has
become something of a third world country, especially in certain neighborhoods.

Speaker 3 (43:44):
I don't want to live there. The reason is simple.
For this.

Speaker 2 (43:47):
If you put a large number of rebellious human beings
together in one centralized location, guess what's going to happen, Folks.
You're going to have more crime, more drug abuse, more
prostitution or sexual sin, more homelessness, more political abuse of power,
more you name it, because there are more sinners concentrated
in one area.

Speaker 4 (44:08):
And then if you have corrupt backed prosecutors who refuse
to put these people in jail, that's what do you
think is going to happen all the worse.

Speaker 3 (44:16):
It's going to be the lunatics running the Nuhouse.

Speaker 2 (44:18):
And unfortunately, for the last five years, Sam, that is
what we have seen in major cities. Like you said,
Soros backed liberal leaning left leading prosecutors who really don't
care as much about upholding law and order in the
country as much as they do about keeping their jobs
and keeping their voting constituency happy.

Speaker 3 (44:35):
I like what.

Speaker 2 (44:35):
Trump is doing here. Some argue that this is an
overreach of power. It's the old state of emergency tactic.
Part of the reason why so many presidents and I
don't believe Trump is one of them, folks, but a
lot of presidents, especially recently, would prefer wartime over peace
time because it gives them the opportunity to gain more power.

Speaker 3 (44:52):
It goes back to Machavelli.

Speaker 4 (44:54):
He wrote that you said that if you're in a
state of emergency, or even the government can create of
a state of emergency officially, that that gives you more power.

Speaker 2 (45:02):
COVID nineteen pandemic. Did we lose our YouTube audience? Perhaps
we just got cut. That's okay, We're gonna keep going anyway.
But that's exactly right, Sam Yeah, I don't think Trump
is doing that. Here's what I think. Trump is a
major city guy. Trump lived in New York for a
lot of his life. He knows how good a prosperous,
strongly run, law and order kept major city can be
for the citizens in that city, but also for the

(45:22):
nation as a whole. I think he genuinely is seeing
a legitimate problem here that most cities have just gone
down the tubes, and he's using his power as commander
in chief of power that he has rightfully as commander
in chief to address it. Is starting with his own
major city. He's trying to be a good steward of
his own city. He lives in Washington, d C. And
it seems like to me, Sam his intent, like he said,

(45:42):
is not to control the Capitol police, but to free
them to do their job.

Speaker 4 (45:47):
Yeah, because the problem with those prosecutors and the local
mayor that aren't being tough on crime the police want
to be. By putting them under his control, they can
actually do their jobs. And by the way, he's well
in his authority to do this in DC. If he's
setting his sites on other cities, that's where it becomes
more questionable. I think what he wants to do is
rather inspire local cities, especially in Red States.

Speaker 2 (46:09):
To do this type of stuff. That's the idea and
that I think is the hope as well. I'm sure
Sam Trump's got his eye on his beloved New York,
which I know he still loves and has kind of
become the poster child of this rampant godlessness in the
major city. But regardless of that, folks, I do hope
and pray that we see a revival in these major
cities again. Historically, cities have been places usually of godlessness,

(46:31):
but they can also become places of great goodness and
glory and God glorifying activity if they're reformed, if.

Speaker 3 (46:38):
They're brought back for the Gospel. That's why I mentioned earlier.

Speaker 2 (46:41):
I hope to see Philadelphia rebought for the Gospel, reconquered
for the Gospel. I hope you'll pray the same thing for
your major cities as well.

Speaker 3 (46:47):
Well.

Speaker 2 (46:48):
Times out today, folks, it was a great show. I'm
happy to be here with you.

Speaker 3 (46:52):
It was a joy.

Speaker 8 (46:52):
God willing.

Speaker 3 (46:53):
We'll do it again tomorrow.

Speaker 2 (46:54):
Make sure to keep an eye out for that commentary
and make sure to sign the TESLA petition when you
have the opportunity to do so as well.

Speaker 3 (47:00):
Remember it's all his. Let's be found good and patient Steward's.
If what God is given to us, we'll see it's you.

Speaker 5 (47:09):
If we ever forget that we're one nation under God,
then we will be a nation gone under.

Speaker 3 (47:16):
Thank you.