Brown University and MIT Shooting Suspect Found Dead

Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:11):
The Chad Benson Show.

Speaker 2 (00:14):
So we now know who shot up Brown University and
killed the MIT professor because they found him and he's dead,
but they found him.

Speaker 1 (00:29):
We got him.

Speaker 3 (00:30):
Shortly before nine o'clock tonight, the FBI swat team executed
court authorized search warrants at a stores unit facility in
Hampshire Road in Salem, New Hampshire. This is where we
located Claudio Navis Valente, the individual who we believe was
responsible for the Brown shooting.

Speaker 2 (00:50):
That's right, they got him, not only the Brown shooting,
but they now know that it is also he who
killed the MIT professor. Because originally it was like, now,
no way, I mean the nah, you know. But then
cause you start thinking of conspiracy theories and then they go, okay,

(01:10):
wait a minute here, there's a lot more to this,
and you know, and this is how fast things change.
So let's remember the shooting happens. Then it was somebody
screams a la acbar and then shoots you know, Brown.
Then it was the guy that they take into custody

(01:30):
who's a twenty four year old decorated marine and come
to find out that no, he didn't do anything, but
his name had leaked and then the MIT Professor's dead,
and then everybody's like, yeah, I can't no, no, no,
no no, we're finding out more.

Speaker 4 (01:47):
Today Cardio nevs Blente was forty eight years old, and
authority said there is no doubt that he is the killer.
They were able to track him using a combination of
video imagery, license plate readers, and some good old fashioned
police work.

Speaker 2 (02:08):
And by good old fashioned police work, read it read
it was the one who caught him's the guy named
only John in Providence who apparently was on Reddit and posted, Hey,
you guys are looking for that dude, you should go
check out this weird guy's been walking around the storage

(02:29):
facility and his cars parked over here, and lo and behold,
it was him who ended up taking his own life.
Now the connections. He used to go to Brown, He's Portuguese.
He used to go to Brown, he dropped out a

(02:50):
long time ago, and he also studied with the professor
from MIT. He was also Portuguese. So this is I mean,
why The question is why? Was it a love triangle?
Did somebody steal somebody's patent? I have no idea that

(03:12):
will I'm sure come out in the next few days.
I'm sure we'll hear a lot. I mean, yesterday I
heard everything from the it was an Iranian hit squad.
That's why they came after the professor. To you know,
this is a you know, the white guy, angry, pissed
off white guy who is there to kill you know,

(03:32):
the conservatives or whatever. And to you know, somebody screaming
a la acbar. Now it's a forty eight year old
Portuguese guy. And he used to study in that building
in Brown. He knows it well. Why he went back
there because these most of these kids, how some of
these kids may not even been born when he was there.
So again, just the whole thing. Twist turns, twist turn,

(03:55):
twist turns. Speaking of twists and turns kids, Today's the.

Speaker 5 (03:59):
Day the Justice Department, facing a looming deadline required by
law to release all FBI and dj files into sex
offender Jeffrey Epstein, with the clock ticking, Democrats on the
House Oversight Committee revealing more photographs headed over by Epstein's estate.

Speaker 2 (04:18):
Very selective, very selective in the way that they're doing this.
Lot's going to stay secret. I think we recognize that.
So they're going to limit a lot of this stuff.
Outside of all of that, Mike Johnson sent everybody home

(04:39):
mostly well, some of this, I'm sure as part of it,
but also because you want to make sure that there
was no way they could vote on any healthcare subsidies
or whatever, ending that immediately going to put that to
an end. It's bad, it's the company's getting rich. So
I don't know what to expect from the Epstein. I

(05:00):
we're going to get them. Fully, we never will get everything.
I think we recognize that. I'm just sure the CIA
had stuff that nobody will ever see. And let's not
forget what the rest of the globe has, as he
was a globe trotter, and I go back to it. Look,
we know he was a scumbag. We know all of
these things, and we know it's for whatever reason uncomfortable

(05:21):
for Trump in this and embarrasses him. I don't know
what it is. He's protecting people. I've said this from
the beginning. I do not believe for a second that
Trump did anything untowared to any young women. I don't
think that at all. I have said the same thing
about Clinton. You know, Susie Wiles, and you know, people

(05:43):
believe some of the stuff she says, but not all.
It's funny when you talk to some people out there
who loved Trump, They're like, she already said that he
didn't do anything in the files. I'm like, no, she
said the same thing about Clinton. Well, you can't believe that.
I'm like, no, I don't think either of them did
anything untoored. But the power that hung around him is
the interesting part to me, because he was able to

(06:06):
do all of these things, and he was shielded and
these things were facilitated by powerful people. And the fact
that there isn't going to be any day of reckoning
I think for anybody should piss a lot of people off.
And that's one of the things that is angered the

(06:28):
young Magabase. Right We talk about the split that's in
the MAGA world right now, and that split is older Maga.
Trump can do no wrong, the stock markets going gangbusters,
everything is great. That older Magabase, they don't care so

(06:49):
much about this because you know, he owns the Libs
and their life is okay. The younger Magabase pissed off
about the economy. That's number one. Also, we may or
may not go to war with Venezuela. Pissing some people
off in the younger base. And then you've got the
Epstein stuff and it's not about so much the Epstein

(07:11):
files themselves. Is It feels like it's just you promised
a lot, you said you were different, you talked a
good game, and at the end of the day, you're
no different than everybody else. So do I think, again,
do I think anything's coming out of this?

Speaker 6 (07:25):
I do not. I do not.

Speaker 2 (07:27):
I think there is nothing that is going to come
out that's going to be so mind blowing because they
have gone through it. They have taken anything out that
would be any kind of embarrassment to Trump. The administration.
People that he he you know absolutely, you know, has

(07:48):
a friendship with runs runs in the same circles or
did at one point in time. Those people are going
to be out of there. So what we're going to
see again, I don't know. I do not know one thing.
I do know though, yesterday something did happen. It was
kind of interesting.

Speaker 7 (08:07):
Roll another blunt.

Speaker 2 (08:10):
M A little marijuana baby.

Speaker 8 (08:15):
What Trump decided to do something with marijuana? What was
that he decided to reschedule it.

Speaker 2 (08:29):
I was gonna clean my room until I got hot.

Speaker 5 (08:34):
I was gonna get up and find the broom, but
then I got high.

Speaker 2 (08:42):
Still missed up, man, that's right. Yesterday Trump decided to
reschedule the Merrijuana.

Speaker 9 (08:53):
I will be signing an executive order to reschedule marijuana
from a Schedule one to a Schedule three control subs
with legitimate medical uses.

Speaker 2 (09:04):
Which was something a lot of people thought he was
going to do much earlier. But he did get it done,
and there was a lot of pushback. Mike Johnson, you've
got the very Christian conservative. This stuff is evil, you know,
it leads to you know, dancing or whatever, I don't know,

(09:24):
whatever they think it leads to. It leads to a
reggae concert. And he wanted no part of this, and
so and so Trump went and did this, and again
it doesn't legalize it. Really what this is all about,
it's about legitimacy for the growers in the industry. They
can now bank, they can now use their money the

(09:51):
same way that anybody else does in the business world,
where they can spend it, grow their business, take the
stuff that the expenditure and write them off on their taxes,
which they couldn't do before, which made it, you know,
just it was insane. It was and It's so weird too,
because I was talking to a couple buddies of mine
about this. When you think about it, it's the federal

(10:16):
government isn't legalizing it, but they'll take the money for
it when it comes to taxes. But you can't write
anything off when it comes to tax It's just so bizarre.
And the other big thing is now they can take
institutional money, So now they're going to be able to
go out there and take that big money. It should

(10:41):
never have been illegal. It shouldn't, but that's politics. Does
this go far enough? I don't know. Again, I don't
smoke or drink or do any of those things, but
I just always thought this was ridiculous and good for
Trump doing this. One three, two, three, five, three, eight,
twenty four to twenty three acts shed Benzon shows your
acture in to YouTube and more. A lot of good

(11:01):
stuff to get to today. We are off Wednesday, Thursday
Friday next week, so we're here Monday, Tuesday, and then
we'll be back the following Monday, Tuesday, and then we'll
be off again Wednesday, Thursday, Friday and come back on
the fifth of January, so you know, the holidays. Just
trying to get everything in sat has been busy. That
elf on the shelf, our birthdays tomorrow sore where you know,

(11:25):
we're trying to have some fun and we're gonna have
a lot of fun today always, but Monday, Tuesday, we're
gonna have a ton of fun holiday wise. So be prepared,
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dollars lineup prize picks. It's good to be right. Finally,
Friday sounds straight ahead Chad Benson Show.

Speaker 1 (13:09):
You're listening to the Chad Benson Show.

Speaker 2 (13:13):
It's been crazy this week, which gives us great sound,
but unfortunately it's been also tragic. Let's take a listen
back to the chaos, the craziness that took place over
the last seven days. Finally, it's Friday.

Speaker 10 (13:25):
I'm burning inside because for months I've sat behind this
microphone and I've worn government, I've worn police of the
heightened sense of anxiety within the Jewish community. A man
walking up to a gunman and single handedly disarming and
blat man is a genuine hero.

Speaker 11 (13:43):
I'm not one hundred dollars walking me my futal hole.

Speaker 6 (13:47):
I know why I say.

Speaker 11 (13:48):
Anybody's burning hold I through my bargeting and do my
skim Come on the morning.

Speaker 12 (13:55):
I'll be.

Speaker 11 (13:57):
Fine. Fun. It's fine.

Speaker 13 (14:11):
With less financial flexibility, Americans are pulling back on charity.

Speaker 14 (14:16):
Food prices have skyrocketed twenty five percent in the last
five years.

Speaker 15 (14:21):
Paying more for essentials like food and rent and energy
prices which, by the way, we're up more than one
percent in this report.

Speaker 2 (14:28):
It's fine, un.

Speaker 11 (14:36):
It's fine.

Speaker 16 (14:37):
First, I want to thank God for giving me the
opportunity to chase the dream that once felt the world away.

Speaker 2 (14:48):
Is it a post on good question? I mean you
could look at it that way.

Speaker 17 (14:52):
Then look good for you guys shop so got to
see where it goes.

Speaker 12 (15:00):
IIMMI hurting my head in as GUERTYMI wondering if ever
Windy had a thirty hours slowly tunity.

Speaker 11 (15:11):
Brodie Awner of.

Speaker 2 (15:15):
Fay Free.

Speaker 11 (15:19):
Running out of.

Speaker 2 (15:24):
Control for.

Speaker 9 (15:29):
from a schedule one to a schedule three control substance.

Speaker 2 (15:36):
Because Corverress is literally failing the American people. Nick, what
a crazy, chaotic week. I think you guys would agree,
and you know what, we were all here for it.
Thank you for that right here on the Chad Benson Show.

Speaker 6 (15:49):
I was not a fan of Rob.

Speaker 18 (15:51):
Reiner at all in any way, shape or form.

Speaker 2 (15:53):
I thought it was very bad for our country.

Speaker 18 (15:55):
This happened during a Democrat administration, and it's when we
first began hearing the word affordability.

Speaker 19 (16:02):
Good Evening America eleven months ago. I inherited a mess,
and I'm fixing it.

Speaker 2 (16:08):
And yesterday was chaotic as well. And tragic is in
here about the horrific plane crash that took place with
Greg Biffle, NASCAR, former NASCAR driver and his family. What happened?
I don't think anybody knows, you know, realistically, there was
eyewitnesses on the ground, but something went horribly wrong. Plane

(16:31):
wasn't in the air more than ten minutes or so
before it crashed, killing two pilots, Greg Biffle, his wife,
and their two children.

Speaker 20 (16:41):
It explodes and there was just no chance of anyone
on board that plane surviving It was a forty four
year old Cesna plane. Biffl had been a longtime pilot.
He was a helicopter pilot. He had flown a number
of rescue missions during the aftermath of Hurricane Helen and
Ash North Carolina. And now tonight the NASCAR community is morning.

Speaker 2 (17:04):
Yes, indeed, just a and and again I don't think
from what I've heard from the people that saw it,
I don't know what was going on. You know, it
didn't seem to be that was on fire or anything.
But it got back to the airport and then what
happened from there. You know, hopefully we'll figure it out.
They've got the NTSB there, but a tragedy indeed, three two, three, five, four,

(17:30):
twenty three. At Chat Benson show's your acts, your instuff?
You're missing the show. We always say, shame on you.
If you could help us out, grab that podcast, Chat.

Speaker 21 (17:35):
Benson Show, then Chad Benson Show, the Chad Benson Show.

Speaker 2 (18:03):
What will happen with tig Tahkay. Everybody's word is gonna
go away forever and never come back. Remember the whole
thing where this is the perfect example of modern politics.
One thing everybody agrees on China TikTok not a good thing,
and so everybody's like, they're gonna do horrible things, and

(18:25):
we need to get.

Speaker 6 (18:25):
Rid of it.

Speaker 2 (18:26):
And so everybody's like yeah, and they all vote almost
just in unison. Finally and they vote to get rid
of it. And then the kids are like no, and
Trump's like, okay, wait what And so they put all

(18:46):
these timelines on. Okay, if you're going to stick over here,
you're going to have to sell to an American company. Well, finally,
after numerous kicking the can down the road, extending the
ninety days and other ninety days, even though you weren't
supposed to do that, you continually do that.

Speaker 6 (19:06):
What do you get?

Speaker 13 (19:06):
The owners of TikTok have signed a deal with major
investors to keep the app operating here in the US.
It's a joint venture that includes Oracle and other companies,
with ByteDance maintaining twenty percent ownership. User data will be
stored by Oracle, and TikTok's algorithm will be retrained to
protect against outside manipulation. Congress passed a law banning the
app unless it was sold, and President Trump repeatedly postponed

(19:30):
the ban. The deal is expected to close next month.

Speaker 2 (19:33):
It's gonna be great, it's gonna be fantastic, very excited
about it. So TikTok is saved. So remember that was
that the everybody was so upset on that Sunday when
TikTok was gone, and then everybody fled over to the
other Chinese app that's really popular in China and they're like,

(19:58):
come on over here, and that one was comple lately
owned by the Communist Party. I'm like, I don't think
this worked out the way people thought it was going
to work out. But it just shows you the the
what politicians are willing to do when it comes to popularity.

(20:19):
I've said this for years. Most politicians, not all, but
I would a vast majority of them if it meant
switching parties to keep their job or lose their position,
most of them would would would bounce. They would again,

(20:39):
not all, but I think a vast majority of them would.
The vast majority of them would absolutely. I said, the
only way you can keep this gig is if you
go from being a Democrat to a Republican or republican
a democrat most of them like, oh whoa, okay, okay.

Speaker 6 (20:59):
I'll do it. I'll do it.

Speaker 2 (21:03):
Interesting. Speaking of interesting, forty years.

Speaker 7 (21:06):
As uniform deputies pull up to this woman's house, a
neighbor cracks a joke about why they're there.

Speaker 2 (21:11):
Oh, oh, they're coming for you, sharing But this is
no joke.

Speaker 6 (21:17):
Oh, we're here for you, ma'am, definitely here for you.
WHOA why do you haven't want for your rest?

Speaker 7 (21:23):
It's a moment Sharon Neely feared was coming for forty
two years. Her real name is not Sharon Neely, it's
Deborah Newton and she's been on the lamb for her
entire adult life.

Speaker 2 (21:35):
What now this story is so bizarre. Forty plus years
she's been on the lamb. Kind of mob? Mobster? Was
she Chad? Was she a mobster? What did she do
that made her a mobster?

Speaker 9 (21:53):
Or what?

Speaker 2 (21:54):
Was she a big drug dealer back in the days
we're going back to the eighties.

Speaker 7 (21:57):
Police say she abducted her three year old daughter, Michelle
in nineteen eighty three. What this is Michelle today? Did
you see the video of your mom's arrest?

Speaker 22 (22:07):
That was heartbreaking?

Speaker 23 (22:08):
That's my mom. I don't think anybody.

Speaker 2 (22:10):
Wants to see their mom putting me in cuffs, and
I prefer not to have to watch it again.

Speaker 7 (22:15):
The search for little Michelle was a big news story
back then. Flyers were mailed to fifty three million homes,
and the FBI listed her mother at number eight on
the agency's Parental Abduction's Most Wanted list. As recently as
last year, the National Center for Missing and Exploited Children
created this age progression poster of how Michelle might look

(22:38):
as an adult.

Speaker 2 (22:40):
I don't give a rat to ask you need to
go to jail. I don't care. I don't care how
good you were. I don't care about any of those
things you And I'm begetting a little passionate here because
I am a father. You took away a child from

(23:03):
their parent. You took away forty years as an opportunity
to be with their father. You did that. Bet your
candy ass. You should be in jail one hundred percent.
Oh they're coming from me, ha ha, yeah, yeah, I
would have taseder ass.

Speaker 7 (23:22):
For all these years, Michelle's family in Louisville, Kentucky never
gave up hope that they would find Michelle. Every Christmas,
they would put gifts under the tree for her. It
was a tip to crime stoppers that finally led cops
to the accused runaway mom after more than forty years.
Deborah Newton's arrest took place in the Villages, the famous

(23:43):
Florida retirement community outside Orlando.

Speaker 22 (23:46):
I don't know what they're doing.

Speaker 2 (23:48):
I don't care.

Speaker 6 (23:50):
I do not care.

Speaker 2 (23:53):
How surprised you are, the fact that you think you
got away with it as a father. When you do that,
you I'm damn glad they came hard for her. Hell
to the freaking yeah, Hell yeah. I couldn't imagine that.
I couldn't imagine if I couldn't talk or see my

(24:16):
kids because they were, you know, taken away from me,
not by the courts, not by but by by by
my wife. She just decides, oh, we're done. I'm taking
and I would lose it, and I would spend everything
I had everything, and no, I wouldn't give up.

Speaker 7 (24:35):
She has remarried. Her husband, Reggie, is a retired cop
and is said to be stunned to learn that his
wife is an alleged FBI fugitive.

Speaker 24 (24:45):
I don't know anything.

Speaker 7 (24:47):
Her arrest led to an emotional reunion between Michelle and
Joseph Newton, the father she had not seen since she
was three.

Speaker 25 (24:55):
Over the last few weeks.

Speaker 2 (24:56):
It just feels like everything has been flipped upside down.

Speaker 7 (24:59):
You have sin discovered that your dad is out there.

Speaker 6 (25:02):
You have siblings, you met them.

Speaker 2 (25:05):
My dad and I have.

Speaker 25 (25:06):
Step siblings, which yeah, I have tons of cousins, aunts
and uncles.

Speaker 26 (25:11):
I have an amazing family.

Speaker 23 (25:12):
The suspected runaway mom is charged with felony custodial interference.
She was released on thirty five thousand dollars bail and
has pleaded not guilty.

Speaker 2 (25:23):
Hope to throw the book at her. You know what
you're going to get a year for every year you
took my child away from me. That's what you're gonna get.
That's what you're gonna get. Oh, furious, furious. Speaking of furious,
this lady's furious and she has every right to be.

(25:44):
I'm going to say that. Look, do I condone what
she did? No? And I'm not talking about the lady
took her kid. I'm talking about the Cold Play lady.
You remember that? Oh yeah, yeah, Because while it was
a meme and it was, it was human beings, lives
that went sideways and what they did do her and

(26:09):
the people out there on the internet, you you who
are what are you doing? What are you doing? We
have this want to destroy people's lives as if it's
gonna Does that give you some sort of satisfaction? And
they did destroy her life. What she did was stupid
and awful, yes, but you know what, adults, they make
dumb mistakes. Doesn't mean your life should be destroyed by this,

(26:33):
Right you were a meme. Okay, that'll happen from side,
but it was totally It went well beyond that.

Speaker 24 (26:40):
It was the kiss cam moment seen around the world.

Speaker 14 (26:44):
HR executive Kristin Cabot and her boss Tech CEO Andy
Byron caught on the JumboTron at a Coldplay concert, embracing
them leaping apart.

Speaker 24 (26:54):
Very shot, the video quickly going viral.

Speaker 14 (27:00):
Internet sleuth's identifying the couple both married at the time
to other people, though separated now for the first time,
Kristin Cabot is speaking out, giving interviews to The New
York Times and The Times of London, telling the latter
the scandal has been like a scarlet letter. People erased
everything I'd accomplished in my life and achieved in my career.

Speaker 25 (27:18):
I mean, she was incredibly open and honest with me.

Speaker 14 (27:21):
Josie Enzer interviewed Cabot for the UK publication, learning more
about the pair's relationship.

Speaker 2 (27:26):
And it's interesting now you take it with a grain
of salt and some of the things she said. But
people have affairs that happens. Some people are miserable and unhappy.
Some people you don't know their story, right, you have
no idea what their story is. And it's not too
to give her a some sort of pass on something.

(27:50):
But that's between her and her family.

Speaker 11 (27:52):
Right.

Speaker 2 (27:53):
So if if the neighbor cheats and you're like, ah,
that wasn't a good thing to do or whatever, Okay,
do you then have the right to go out and
destroy their lives, destroy their kids' lives. Well, because I

(28:15):
want to feel superior, because that's what it is. It's
a feeling of superiority.

Speaker 24 (28:19):
Cabot says.

Speaker 14 (28:20):
The coworkers connected over their similar marital issues at home.
Cabot then inviting Byron to the concert when she had
an extra ticket with friends. The caught on camera moment
coming after drinking a few high noon cocktails.

Speaker 25 (28:31):
So this is what she tells me, is the first
physical embrace the two of them. I mean this is
like three seconds into the first physical contact they've ever had,
and this camera pans around to them.

Speaker 14 (28:42):
Byron did not respond to an NBC News request for comment.
Cabot telling both publications she endured death threats her address
was docked.

Speaker 25 (28:49):
On the local radio, and she subsequently started getting people,
you know, telling her they knewhere she lived, and turning
up at her gas station and things like that.

Speaker 2 (29:00):
You at the gas station, people just see her and
start yelling horrific things at her, put a ladder on her.
What are the scarlet ones? Those of you who have
no sin cast the first stone? Nah, I suck. I
know that I'd throw a rock at me first before
I throw it at somebody else.

Speaker 14 (29:17):
All of it frightening for her already traumatized children. My
kids were afraid that I was going to die and
they were going to die, she said. Astronomer, the pair's
employer at the time of the scandal, hired celebrity Gwyneth
Paltrow was married to Cold Place front Man as a
spokesperson for an ad in the days after.

Speaker 22 (29:34):
Astronomer has gotten a lot of questions over the last few.

Speaker 14 (29:38):
Days, Cabot telling ens Or she was once a fan
of Paltrow and her Women's wellness company Goop, which seemed
to be about uplifting women, and then she did this.
I thought, how dare she after the beating she got
for all the conscious uncoupling stuff. What a hypocrite? Paltrow
not responding to an NBC News request for comment.

Speaker 2 (29:56):
Yeah, she should get yelled at for the conscious uncompany.
Remember that when they broke up, they had a divorce.
Course they're fighting over their kid, Apple, it's their kids, Dave,
and they they didn't get divorced, they consciously uncoupled. What
what but the fact that they doxed her house, people

(30:18):
attack her at the gas station, The Hell's wrong with you? People?

Speaker 14 (30:25):
And finally sharing her side of the story, Cabot telling
The New York Times, I want my kids to know
that you can make mistakes, and you can really screw up,
but you don't have to be threatened to be killed
for them. As for the scrutiny and publicity, Cabt telling
ends or she believes it's one sided. I think as
a woman, as women always do, I took the bulk
of the abuse.

Speaker 2 (30:46):
Well, yeah, he kind of did not pretend about that.
And it's not always about the women, So settle down there,
because it all went sideways for both of you. But
you did get the other kind of abuse there. I thought,
wasn't he If I'm again, this has been a while,
uh and nobody even remembers what he looks like. But yeah,

(31:07):
for her, I was like, oh, because but if I'm correct,
I thought he was already separated. I may be wrong
about that. But man can't do anything, can't have a job.
Why nobody's gonna hire you? Why because you're evil? What?

(31:28):
Three two, three, five, three eight, twenty four to twenty
three at Ed Benson Show. Is your X your instant YouTube?
Facebook and more?

Speaker 25 (31:35):
You know what?

Speaker 6 (31:35):
You need?

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Some really factor? Oh look at that. That's called a
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(32:42):
right now, get yourself a bag or relief Factor okay
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number four relief for relief Factor at Chad Benson Show.
It's your ax, your Insta, your YouTube, Facebook, and more

(33:02):
Happy Happy Friday. It is the Chad Benson Show.

Speaker 22 (33:14):
Deep States, not Deep Doo Doo. Yeah, the Chad Benson Show.

Speaker 2 (33:22):
The jelly Roll lost a lot of way found out
he's going to be member of the Grand Old Opry
and then.

Speaker 27 (33:30):
Country singer Jelly Roll received a pardon from Tennessee Governor
Bill Lee for robbery and drug related convictions that date
back to two thousand and three. The country star, whose
real name is Jason DeFord, was one of the thirty
three that were pardoned in the state. Governor Lee called
jelly roll story redemptive and powerful, acknowledging the Nashville natives
long road back from drugs in prison through soul searching,

(33:52):
songwriting and advocacy for second chances.

Speaker 6 (33:55):
He is ah.

Speaker 2 (33:58):
He is a good dude. He lives his life out
there and he is always, you know, being here in
the city. He's always around, He's always doing something here
in Nashville. He's always going to prisons, he's always going
to the jails. He's always going places and talking to people.
He has time for a lot of people. It's you
know what, good, good for him, good for him. Speaking

(34:24):
of country music, I found this out yesterday. I did
not I did not know h this was true. Morgan
Wallen is the best selling country artist in the history
of music. Morgan Wallen. I was shocked because it's not

(34:44):
like he's been around forever. You know, what was he
on the voice? He didn't even win that came to Nashville,
and then of course he just blew it wide open.
And of course it's controversial. Yes, he said some stuff
that he shouldn't have and he's not a fan of
New York City, but he's the great. He's out done everybody,
George Straight, more albums than George Straight, more albums than
Garth Brooks, more units. As the kids would say, he

(35:06):
is the greatest selling country artist of all time. That
absolutely shocked me. I was like, there's no way that
I did triple check out. I was like, there's no
way that he's the biggest selling country artists of all time.
But sure enough he is. How about apples and are
those apples? You'll learn something new every day three two, three, five, three, eight,

(35:28):
twenty four to twenty three at Chad Benson Show. Is
your ex your Insta, YouTube, Facebook, and more? Love hearing
from each and every single one of you. Right here.
The Chad Benson Show coming up, our number two of
the program. Buddy Zach Abraham, chief investment Officer Board Capital,
will join the show. We're going to talk about the economy.

(35:49):
Is it the economy? The economy? Uh? I want to
get his take on the inflation data. I'm not quite
sure I trusted one hundred percent. We're also talking about
the market, what's going on there and just the overall
economy and the mood as we head into Christmas and
the new year. We're going to talk about the battle
turning point, Maga on Maga, crime, it's all which is crazy,

(36:14):
and the flu man, it's nasty out there. Who is
so much more to talk about? My goodness me hour
number two straight Ahad, Chad Benson job.

Speaker 1 (36:23):
This is the Chad Benson Show, The Chad Benson Show.

Speaker 2 (36:53):
They got him, Well, they didn't do anything. I'm talking
about the guy who they found found the self inflicted
gunshot wound, who was suspected in the shooting it Brown
that killed two students and wounded several others as well.
Now as the MIT professor in Boston. They finally got

(37:17):
their man. Who is that guy? We are finding out
more about him today this morning.

Speaker 4 (37:23):
The man who authority said killed two Brown University students
and then an MIT professor is dead after killing himself
inside a storage unit where he may have hunkered down
for days. The body of forty eight year old Claudio
Nivs Valente was found Thursday night in a storage unit
he rented in November. Officials say he was born in Portugal,
became a lawful permanent resident of the United States living

(37:46):
in Miami, and for a time studied physics at Brown.

Speaker 2 (37:50):
So what do we know about him? Well, the professor
that was killed from MIT, he and this guy apparently
study together. They're both Portuguese. He studied at Brown. He
knew that area in where he shot and killed those
two because that's the building apparently he had studied in

(38:13):
before he ended up leaving there. Outside of that, I
don't know what any of the connection is. Like, they
we blew the case wide open. We got him, You
didn't get him. A homeless dude got him on Reddit.
That's the weirdest thing. I'm like, wait, what what's weirder

(38:34):
The fact that they had to go to Reddit to
find to break the case wide open, or the fact
that the guy that went to Reddit to break the
case wide open. Also happens to have no home, and
this should be a boon for him, because we know
we do in this world, right, you know, something breaks
open like this and they find out that you you
were the dude and you did good, and then neighbors

(38:57):
can find out you're homeless. What what are they gonna do.
They're going to get you the opportunity to make millions,
because that's what we do. Right. We see somebody who's
done some amazing you know, the guy in Australia, I
don't know what he's up to. I saw him bring
up a check the other day for a couple million
bucks who took down the shooter last week at Bondai Beach.

(39:22):
Why not here? It's a good samaritan. So the skuy
his name's John right, let's go through the story. So
there's this guy, Johnny's homeless. As we'll find out more
about this, and I guess he sleeps in the basement
of the Baris Holly building on campus, which I'm sure
everybody's pretty stoked to find that out. So they said

(39:42):
it was a cat and mouse game between the two.
He said they would pass each other and slow down
at one point stood just feet apart. When the man
asked about the car he I posted on Reddit after
identifying the individual as the person of interest using the tip,

(40:04):
investigator's reviewed surveillance footage and located the vehicle. Apparently he'd
followed him as well around a few times, looked into
his car and saw that there was some stuff in there,
and of course then then of course you go right
to Reddit and they found him with a gunshot wound.
But it's just it's fascinating, and why not, Right, dude

(40:25):
did a good thing. Let's get to it. Cash Battel
should get him on a podcast. Oh jeez, Chad, why'd
you have to say that I make a funny cash battel.
I can't help it. I want to not make funny
cash battel, but uh, it's kind of tough. Oh jeez,

(40:49):
it is. It's a weird world. And if you don't
believe me the whole thing with you know, yesterday, everybody's
gonna say they're gonna get all like I could believe
you say so about Trump. I just find this whole
thing with Trump, and like all the stuff, whether it's
the plaques that he put up, I finally read a
lot of those plaques. So if you guys didn't hear
Trump has a wall of fame. Now there's a wall

(41:09):
of fame in the White House, and he had put
up plaques of all the presidents. So you're thinking, oh,
well that seems pretty cool, right, Like they got no, no, no,
no no. He wrote kind of the paragraph for two
about the presidents, and you're just like, what are you doing.

(41:35):
First of all, it was talking to somebody the other
day and they're like, well, that's why we like him.
I said, well, you know what, great, if he wants
to go be a comedian, fine. This office, though, is
not some things you need to be above, right, The
office itself is above the fracas, whether it's the Rob

(41:56):
Ryaner stuff or whatever.

Speaker 6 (41:57):
But the.

Speaker 2 (42:00):
The plaques were so ridiculous. Sleepy Joe Biden, you know,
and it just it goes on and on crime Family,
Obama because of him, we have ice. I mean, it
was just it was insane. It was. And then the
marijuana thing yesterday, I thought, that's a good thing, moving

(42:21):
from schedule one to schedule three. But then, of course,
maybe the fun of the day yesterday. If there is
to be any of this insanity, They probably told him.
Looked surprised for when when they renamed the Kennedy Center
after you, okay, so acturprised. AC surprised.

Speaker 23 (42:44):
The board of the Kennedy Center, handpicked by the President,
had voted to rename the performing arts institution the Trump
Kennedy Center. Trump had already named himself chairman of the
board for months, Trump teasing putting his name on the building.

Speaker 2 (42:59):
Some people it's the Trump Kennedy Center.

Speaker 9 (43:01):
But today this the board is a very distinguished board,
most distinguished people in the country. And I was surprised
by it.

Speaker 6 (43:09):
I was honored by it.

Speaker 23 (43:10):
Legal experts we've talked to say the board can't actually
make this name change, that it requires an Act of Congress.
But on the website there's that new name. Anyways, the
Trump Kennedy Center.

Speaker 2 (43:21):
Just I can't believe it. This is my shockface. I
can't believe it. Now. Apparently it's got to be unanimous
if there was to be any of these things. And
one of the people that was supposed to vote and
it wasn't going to allow this to happen. Apparently they
shut her microphone off. You know, he's just he doesn't

(43:47):
know how to tell everybody that he's going to go
on Mount Rushmore. He's trying to figure out how do
I cause, how do I get it? How do I
get on Mount Rushmore? What do I have to do
to get on Mount Rushmore? Somebody?

Speaker 6 (44:02):
What is it?

Speaker 2 (44:04):
Is there anything? I want my head to be bigger.
It's possible, be great. Just oh, he is who he is.
That's why I voted for him. M It's just it's
so bizarre. I'm sorry, just act surprised. I can't believe

(44:25):
this happened to me. You can't you handpicked all of
these people? What do you mean you can't believe this
happened to you? How could you think that this wasn't
going to happen? Some people call it already the Trump Center.
Who who calls it that?

Speaker 6 (44:44):
Who? Who?

Speaker 2 (44:46):
Who calls it that? Let me know what you think?
Three two, three, five, three eight, twenty four, twenty three
etched Medton Show is your X, your instant YouTube and mirror.
So TPUSA has their big event going on, right, and
they've got everybody they're including Tucker and Ben Shapiro, and

(45:07):
they're going after each other as you do. They're ripping
each other apart about you know, Shapiro that how dare
you do? Whatever it is? Because they're all fighting. Look,
here's the thing they're all fighting over. As we've talked
about share, We'll share the amount of people that are
up for grabs in their mind for you know, the

(45:33):
audience and the TPUSA followers. Right, you've got Candace who's
doing whatever she's doing. By the way, my wife she
enjoys watching Candace because Candace has made politics like kind
of like those crime podcasts. That's what she's made, these
things a little bit like these crime podcasts, and so

(45:56):
in the conspiracies and you know, and all of these
kind of things. And you know, she never I sit
there and go, oh whatever, I mean, I don't listen
to pretty much any of them. But they were going
after each other. But they're all fighting over, you know,
the remnants of Charlie's legacy. Who's gonna grab what friend has?

(46:16):
His evil? Candace is this Candas is brilliant at what
she does. You don't have to like what she does,
but you go look at her audience because they get
a break. You know, you can see a breakdown. It's women.
Why because whether it's that that podcast serial, you know
about you know, the crime podcast or this. She does it,

(46:39):
and she reaches an audience and it's massive. Look at
her numbers. She'll post a video and within first of all,
when she's live, quarter of a million plus people watching it,
and within a few hours it's got a couple million views.
So she's good at what she does. You don't have
to like it, because I find it just insane. But

(47:01):
they're all going after not his legacy to go how
can I carry it on? It's like, how can we
get his people? And they're tearing into each other, you
know about how that you do this? And why would
you bring this person on? And and and it's just
in Shapiro and Tucker and oh, I'm just like, this

(47:21):
is the fracture is very real in the well. I
didn't even know what you call it. It's not a
Republican party anymore. It's not conservative magatarian. That might be
a good one to call it. That's kind of republican
e with some libertarian view. I don't, but man, it

(47:43):
was interesting to watch them. I just watched a bit
of it. Tucker comes on, because Bank comes down. He's
kind of you know, he's very stoic, and he does
his thing and he he's just you know, it's very
feels very well rehearsed, and Tucker just kind of comes
and grabs the microphones like what's that? And I don't
listen much to Tucker either. I try not to. I'll
be honest with you, all right, especially this time of

(48:04):
the year, if it's not a Hallmark movie. If you
guys really want to get my attention, you better be
in a Hallmark movie. Three two, three, five, three, eight,
twenty four to twenty three atch you had betson shows
your ex You're in. Still a lot of stuff still
to get to. The flu is nasty. We're gonna talk
about that. Our buddy Zach Abram, chievestment officer Board Capital,
is going to join the program too, talk about the economy.

(48:25):
But first Birch Gold, Man Gold and then Their Hills,
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right time and a smart way to diversify yourself. But
the first thing you need to do is understand what
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(49:08):
When you text the word Benson to ninety eight ninety
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(49:28):
to build. Text the word Benson now to ninety eight
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need about gold from our friends at Birch Gold. This
is the Chad Benson Show.

Speaker 1 (49:49):

Speaker 2 (49:55):
No, it's not COVID. It is the flu, and it
is a and nasty and it is kicking a lot
of people in the grundle right now.

Speaker 24 (50:06):
Nationwide, some schools across the country are closing before their
holiday break because of an onslaught of illness. One school
in Kansas forced to close with nearly twenty percent of
students sick. A similar situation in Ohio, nearly thirty percent
of students sick at Facett Junior High.

Speaker 2 (50:24):
Sick like they're just going, hey, I have to close. Well,
what kind of flu is it?

Speaker 6 (50:29):
Yet?

Speaker 2 (50:29):
I'm glad you asked.

Speaker 24 (50:30):
What's different? This year a new variant known as subclade K,
which experts say may be better at evaging immunity from
vaccines or prior infections. Hospitalizations nationwide are nearly double that
of last year. At this time at Walgreen says demand
for cold medicines and at home flu in COVID tests
jumped more than sixty percent in the last two weeks.

Speaker 2 (50:52):
My little one had this. We didn't know what it was.
We thought it was just a round the mill kind
of first we thought she had COVID, and and then
it was just persistent for several days, kept going on
and on, and it was gnarly. And then when she,
you know, she got over she had like a you know,
fever and stuff. She got over that after a couple

(51:14):
of days, but she was just she was down and
out for the count. And if you guys know anything,
my little little youngster Charlie, she's tough as nails and
is a spitfire. But there were three or four days
where she did nothing but sleep. That's when you know, ooh,
this is real. And the schools across the nation are
feeling it.

Speaker 28 (51:35):
Towards the end of last week, we're really getting a
lot of a lot of symptoms and sick kids. And
then I said, well, this week is gonna be a
real doozy. And then Monday morning we had about an
hour where the phone was just ringing off the wall.

Speaker 2 (51:52):
That is a super attendent at a small little district
in Kansas, where he's walking around going hey, why are
we even here.

Speaker 28 (52:00):
I walked in and out of the elementary rooms and
they were they were all coughugheling and sniffling, and I thought, man,
we got to do something. We you know, we're a
small school district, maybe three hundred kids total K twelve,
and I think we had fifty of them. By nine o'clock,
fifty of them were gone, and then they were dropping
might flies throughout the day.

Speaker 2 (52:19):
So you make that call three two three, five, three, eight,
twenty four, twenty three at Chad Benson Shows, your extrar
insta YouTube and more right here on the Chad Benson Show. Kids,
guess what good news? Bad news. Good news is you're
not sick. Bad news is a lot of people are.
Here's some other good news. We're done with school for

(52:40):
the year.

Speaker 28 (52:41):
We didn't want staff and students going to their family
Christmas is sick and taking this stuff to their grandma
and Grandpa's.

Speaker 2 (52:48):
So this flew which took my rapper name. It is
H three and two. Okay, but it's a sub variant
called subclade K. That's my rap name. So what happens? Okay,
It spreads fast and I mean super fast. Fevers, chills, coughs,
sore throats, runny, stuffy nose, the usual muscle aches, headaches, fatigue.

(53:12):
In kids, you'll get some diary and vomiting, which is
always a party. The problem is there's not the vaccines.
There's a mismatch right now because the way they do
flu shots is they think which variant are we doue
for and they kind of try to go, Okay, well,
we're going to stock up a lot on this variant
of the flu and then give you the flu shot, washhands,
cover your coughs, clean surfaces. Obviously, stay home and sick.

(53:36):
That's the other thing. We're adults. Stay home when you're sick, okay, right,
Like if you've got a little stuffy nose, cold, all
right maybe, but if you got the flu flu, if
you're sick, stay home. But I don't want to use
my sick days for sick I want to use and say, yeah,
well you know what, no, no, use them for sick days.

(53:57):
That's what they're there for. Three two, three, five, eight,
twenty four, twenty three At Chad Benson Show, it's your act,
your instant YouTube and more. Coming up our man Zack Abram,
Chiefstment Officer, Board Capital. He's going to join the program.
We talk about obviously everything when it comes to the
markets and the economy. Chad Benson Show, The Chad Benson.

Speaker 1 (54:21):
Show, The Chad Benson Show.

Speaker 2 (54:43):
All right, it's that time of the week. Talk to
our good buddy, Zack Abram, Chiefsment Officer, Bullwork Capital. First
and foremost, let's start with the economy. Came out what
two point seven As far as inflation, you know, it's
it's an interesting thing. Because I'm not sure that everybody
still feels it. Then you start hearing about deflation and

(55:03):
stuff like this, it's what's your sense? I still feel
like things are still hot. This is actually funny. You'll
get a kick out of this.

Speaker 29 (55:09):
The reason the number came in lights because they had
really messy data for one of the months, so they
just put it at zero. They just rents went up
that month. But they just they're like, hey, we're gonna
spitball it. Hey what number you guys are gonna throw
out there?

Speaker 6 (55:24):
Zero?

Speaker 2 (55:26):
That kind of has a way of bringing the average. Now,
it does because even some other people who are pro
like Trump and Magar, are like, eh, I don't know
if I trust this altogether.

Speaker 29 (55:33):
No, no, no, no, that's not as that's not a
read now. The one thing I will say, it does
feel like it's pretty hot. But you are feeling those
wafts of slow down, starting to see some cracks and
credit market, the market in general is really starting to
concern me.

Speaker 2 (55:50):
The troubling thing to us, we've tracked.

Speaker 29 (55:53):
The valuation range and for the last five six years,
really last five years since COVID, you've kind of had
a You can think of it as like a box.
On the low end, you got down to like twenty
one and I'm thinking I'm speaking in trailing twelve month
numbers here, But you get as low as like twenty
twenty one price to earnings ratio with the ceiling at
like thirty four thirty five, and you haven't broken out

(56:17):
of that that that valuation range has held for the
last almost five years. Now you're pushing the top of
that range right now, so you're threatening to break out
of it. But when you look underneath the hood, the
main companies, the vast majority of them, are doing significantly
worse than they were then. They're still making money. But

(56:39):
my point is, I don't know what it was, but
you go back look at Apple. I think Apples growing
revenues at eighteen twenty percent and twenty twenty one, Now
it's eight Okay. In twenty twenty one they were trading
at twenty two to twenty three times earnings.

Speaker 2 (56:50):
Now it's forty. Right. So in Nvidia, completely different.

Speaker 29 (56:54):
Valuation story then, right, Tesla trading at the top end
of its range even while it's underlying businesses getting destroyed.

Speaker 2 (57:01):
These things can obviously turn around the issue that we have.

Speaker 29 (57:04):
As you look at the market here today, I just
don't see anything that's going to propel a higher from
here right now. And you know, there's always that concern.
And just to put it in reference, we just this
month now crossed over the forty mark for the Cape
Schiller pe, which is a cyclically adjusted pe to tell
you where you're at. We just crossed over forty for

(57:27):
the first time since two thousand. Look, that doesn't mean
high valuations, does not mean this thing's about to crash.
Having said that, when you're talking about valuations this high,
you have to be concerned about it, like is it has.

Speaker 2 (57:40):
To be on your radar.

Speaker 6 (57:41):
You know.

Speaker 29 (57:41):
I heard Howard Marks giving a talk and he's famous
money manager runs oak Tree Hedge Fund, and he was
saying that right now your forward earnings the SMP is
trading at about twenty four times forward earnings. Any time
in history, without fail one hundred percent accuracy, anytime the

(58:02):
stock market has traded above twenty three times forward earnings
over the next ten years, the average rate of return
for the market was either negative two to positive two
a year in that range, so basically break even, basically okay,
And usually it's not that smooth right, You'll go up
and then you'll have a big drop, and then you'll
climb back. It's a chopfest. That's been one hundred percent

(58:24):
of the time. Now would I be considering the backdrop
and considering the board because there's so many things going
on right now that have never gone on before, right,
So you've got to take everything with a grain of salt.
Am I saying that this can't be the time where
you break through there, of course not. If people want
to pay more ridiculous prices for stocks than they're already paying,
no one's going to be there to stop them. I

(58:46):
just don't think you're there anymore.

Speaker 2 (58:48):
Chad.

Speaker 29 (58:48):
I think the dynamics have changed. I think too many
international investors are beginning to repatriate capital. You're starting to
see it spread out across the I mean, it's still
crazy cheap to the point where you're kind of pounding
your head against the wall, like why more people don't
see this? But it just like we said, I think
that the lot of the big tech and the indexes

(59:10):
like the S and P five hundred the Nasdaq in particular,
are going to essentially be funding mechanisms for the rest
of the world's equity markets for a while.

Speaker 2 (59:19):
Crazy. It's crazy, man, Nice.

Speaker 29 (59:21):
I just don't see any way around that. People are like, oh,
they're going to cut rates. We got to remember something
here on the rate cuts. Every rate cut we have
from here on out is going to be far less
impactful than it was the first time around. And the
reason why when we were cutting below three and down
to two and a half and down to two last time,
we'd never been there, right, So every new level that

(59:43):
you went down, you freed up more capital. You drop
mortgage rates. Mortgage rates in this country right now are
still way above where the average mortgage rate is. So
what I'm saying is you could drop interest rates one
hundred to one hundred and fifty basis points.

Speaker 2 (59:57):
I think you'd see the.

Speaker 29 (59:58):
Stock market rally, but it wouldn't provide any additional real
boost to the economy. You'd have people that would be
able to afford houses. But if those rates drop, house
prices shoot right up in a commensurate fashion. And more importantly,
even one hundred, one hundred and fifty bit drop on
the thirty year that doesn't trigger refinancing.

Speaker 2 (01:00:17):
We have people that are stuck in their mortgages they
want to leave the house, but they're stuck in their mortgages.
They're not gonna move because if they move, what are
they gonna do. They're gonna take out a fatter interest rate,
a bigger payment for a smaller house.

Speaker 6 (01:00:29):
Yeah.

Speaker 2 (01:00:29):
Yeah, And even if they.

Speaker 29 (01:00:30):
Want to put a big debt, like you know, let's
say they've got you know, let's say they got a
seven hundred thousand dollars house, they got four hundred thousand
dollars worth equity, right, and the plan is, Okay, we're
gonna do it. We're gonna go buy our dream place,
use the equity in our place. We've saved up one
hundred and fifty grand. We're gonna add that to our down.
What's the resulting payment. So even though we're going into
the same Senate, right, we're moving our equity straight over

(01:00:51):
into another seven hundred thousand dollars house, and we're putting
down an additional one to fifty, our mortgage payment's the same.
And that's what we're saying, Like any incremental in straight
decreases really don't help you. Look at these corporates, their
rates aren't going to go lower. They've turned out their
debt there's no real relief there. You're not gonna get
a refinance cycle here in the US. I'm not sitting

(01:01:13):
there saying get out, there's a crash coming. What I
am sitting there saying is this market is ridiculously overvalued,
appears very tired.

Speaker 2 (01:01:22):
You've got inflation as a specter.

Speaker 29 (01:01:24):
Remember, And that's the other thing that we've got to
remember is that people like, oh, well we slide sideways
or a little bit.

Speaker 2 (01:01:30):
We've had a good run. Now for the next ten years,
that isn't a bad deal. Talking to Zach Abrahm, Chivesment
officer Bollwork Capital, let's go over a couple scenarios. One
scenario is, what do you really think was is the
possibility of a dip? And the other scenario is if
things were to really pick up and go the officer direction,
how ugly could it get.

Speaker 29 (01:01:49):
You've got to handicap it because it's how ugly can
it get? With the Feds sitting there ready to throw
money at it, because you know that's what they're gonna do.

Speaker 6 (01:01:56):
Yeah.

Speaker 2 (01:01:56):
See, that's why it's hard when you say, you know
it got up to what twenty four twenty Every time
we got over twenty three. We live in a different time,
but we'll print all the money we need and throw
money at everything we possibly can. Yeah, and then and
that's not you know, that's not sustainable, by the way.

Speaker 29 (01:02:11):
No, no, well, especially when you've got an inflationary issue,
right that's that's the equivalent of saying, hey, we got
a fire on our hands, hurry quick, go grab some gas.
A thirty percent drop in this market right now would
have you have you sitting at nineteen to twenty times
forward earnings and twenty five twenty six trailing. That ain't cheap,
right like so, and that's that's a thirty percent loss.

(01:02:33):
The other issue is is that because the stock like
our entire life and everybody listening to this, the US
stock market averaged somewhere between ninety five to let's call it,
one hundred and ten hundred and fifteen percent of GDP.
So if you added up the total value of the
stock market today, you're at two hundred and twenty percent.

Speaker 2 (01:02:49):
Why is that a big deal?

Speaker 29 (01:02:51):
Because even even a twenty percent market decline is the
equivalent to fifty percent of our GDP. A twenty percent
market drop on the overall index wipes out an amount
of household wealth in the United States that is commensurate
to fifty percent of our total annual economic output. So

(01:03:13):
you start talking thirty percent, you're looking at sixty six
percent of our total economic output. If you lose that
much household wealth in a single year, what happens.

Speaker 2 (01:03:22):
I don't know. Really.

Speaker 29 (01:03:24):
The only comp you'd have to that would be nineteen
twenty nine. Now I'm not saying that's going to happen again.

Speaker 2 (01:03:30):
It's not. And the reason it's not.

Speaker 29 (01:03:32):
The reason you had eighty five percent drop in night
in October or the beginning of an eighty five percent
drop in twenty nine is because the FED did the
exact opposite thing. They increased interest rates and let banks
just go under. And banks weren't going under because they
had bad ballance sheets. They were going under because there
were runs on them, right like just you had perfectly
healthy banks that people went in and pulled their money
out in the bank collapsed, So they won't make that

(01:03:55):
same mistake again.

Speaker 2 (01:03:57):
What I do think, though, is that there is no.

Speaker 29 (01:03:59):
Healthy escape velocity type trajectory you can take out of this,
meaning I think we're at a place where you've got
to pick you either want a nasty recession or you're
gonna deal with five percent plus inflation. I think that's
where we're at. We'll find out over the next year
if my assessment's correct. The US market, when you look
at valuations, when you look at all the different stuff
we're talking about, I don't think it's ever been more difficult.

(01:04:22):
I don't think it's ever been more Meanwhile, you're looking
at other places in the world chat.

Speaker 2 (01:04:26):
And it couldn't be easier.

Speaker 29 (01:04:28):
And that's the biggest thing is we're saying, Look, nobody
knows if a market's going.

Speaker 2 (01:04:33):
To crash or not. You know what we do know.

Speaker 29 (01:04:35):
You do know when you're buying a dollar for ten cents, yep, exactly,
and you know when you're paying five bucks for a dollar.
People in the US are paying five bucks for a
dollar right now, and there's just there's incredible opportunities. Oh well,
they don't grow as fast as tech companies. We've got
gold miners that are growing revenues. It's sixty five percent
a year. Yeah, with margins in excess of sixty percent,

(01:04:58):
trading it like eleven times.

Speaker 2 (01:05:01):
So it's insane. It's insane. I know, keep buying Tesla Man,
I'll keep buying that stuff and talking exact Amraam, chief
mesment officer, Bold Capital. I feel like a slowdown's coming.
I think that the job market is I don't even
know what to say at this point in time. And
I look at stuff like black unemployment almost nine percent,
gen Z unemployment teenagers through the early twenty fourth what

(01:05:21):
sixteen point nine percent? That is not a good place
to be. And you've got a bunch of kids getting
ready to graduate college coming out to a flat market.
You got ai. Nobody knows exactly what's going to happen.
And I look around there and I think I have
a feeling the first two quarters next year are going
to be very uncomfortable.

Speaker 6 (01:05:39):
You know that.

Speaker 2 (01:05:39):
That's the thought that I have.

Speaker 29 (01:05:41):
And I'll tell you us investors won't realize it until
they lose a bunch, but they're walking on a knife
sedge right now.

Speaker 2 (01:05:46):
And that's my thought.

Speaker 29 (01:05:48):
You have such look at this right now, Look at
you you go look historically at how strong the month
of December is. We're negative on the week, We're like
flat to slightly negative on the month. That's in an
environment where we've started cutting rates again. The dollar has
broken lower, right rates have pulled back. You've got the

(01:06:08):
best seasonality of the year, and indexes still can't get
out of their own way.

Speaker 2 (01:06:12):
They're not getting smoked, but right they just can't. They
can't get a scape a lot. They're like a cartoon.
They're just they're they're running with their feet and they're
kind of getting going forward and they just feel like
they trip right right, And then you look at that,
like I was telling you that valuation range, they're bumping
up against the top of it. But having said that,
we do know that seasonality is very strong in December.

Speaker 29 (01:06:32):
If I were folks right here, what I would be
doing is I would be getting cautious in the first
quarter because, unlike December, a lot of times, nasty, ugly
stuff happens in the first quarter of the year, even
if it turns out to be transient right like it
like four months later, it's no You usually have some
shakeups in the first parts of the year. And if
you don't, the way that we're proceeding here is sell

(01:06:54):
the rips, meaning we still we still own some US assets, right,
selective ones those are getting more expensive too, even the
ones that we like, and so when US markets rip,
we take an opportunity to pull some more profit back
from those US positions and spread them out internationally. And
I just I look, you're in a point where you

(01:07:15):
either believe that number go up in the United States
is the only stock market in the world that matters,
or if you are a fundamental investor that thinks that
that valuations matter, you don't have a choice here. If
you're if you are not diversifying out into precious metals, commodities,
international stocks.

Speaker 2 (01:07:35):
You never will. Yeah, you never will.

Speaker 29 (01:07:37):
Crazy And it's and it's funny, Chad, because it's people's
memories are so short. You sit there and you advise
them to take on some international or whatever, and they
kind of look at you like you got a third
eye coming out of your head.

Speaker 14 (01:07:48):
YEA.

Speaker 29 (01:07:48):
When I got in the industry, in there, you couldn't
find an asset allocated portfolio. So the kind of portfolio
you get from your four oh one k of work
that's got the different stuff, and you couldn't find one
that didn't have a twelve to fifteen percent allocation to
emerging markets and a five to seven percent allocation to
energy commodities stuff like that, Right, okay.

Speaker 2 (01:08:10):
Today is the inverse. You can't find one that has it. Yeah, okay.

Speaker 29 (01:08:14):
And so after a while people are like, you can't
have that stuff in your portfolio. It's like, buddy that yes,
you have just lived through the anomaly, not the rule.

Speaker 6 (01:08:24):
Okay.

Speaker 29 (01:08:24):
So what you need to do is you need to
spread your bets out internationally. And that's the thing, man.
You got these international markets shad, they're breaking out of
highs that were setting oh seven, and these things are
that cheap, and so anyway, it's just there's an easier way.

Speaker 2 (01:08:39):
Indeed, nam' zacha Ramchievestment officer bow with capital. People want
to reach out to you and talk to you, get
themselves set for what could be coming in the new year.

Speaker 6 (01:08:46):
What do they do?

Speaker 2 (01:08:46):
Yeah, just reach out.

Speaker 29 (01:08:48):
Go to Boardcapitalmanagement dot com, Google Know Your Risk podcast.
We do our daily DOTS show every day cover everything
that happens in the markets and economics and finance.

Speaker 2 (01:08:58):
That's worthy of note.

Speaker 29 (01:08:59):
And uh yeah, reach out Borcapitalmanagement dot Com, shoot us
an email, give us a call.

Speaker 2 (01:09:04):
I'd be happy to chat with you, or you can
talk to one of our advisors. And yeah, not tough
to find us. Bye, I'm brother you have a good
weekend and a good Christmas and we'll see you in
the new year. Hey you do. Merry Christmas to you
and all your listeners. Investment of Ice Reservice off with
through Trick Financial LLC and sec Regriter. Investment of Vezzor,
Investment of Izor Reservice off with through Trick Financial LLC

(01:09:24):
and sec Register Investment Advisor. Investments of all risk not
a guarantee past performance, doesn't guarantee future results. Trek two six, three,
one five at Chad Ben to show it's your exs,
your Insta, YouTube, Facebook and more. Raycon best year but
around love my Raycons, the fit, the feel, the sound, quality,
eight hours of talk time, thirty two hours of battery life.
We go on and on about how amazing they are.

(01:09:46):
Let me tell you about quality. I know quality. I
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So if you're still thinking, hey, maybe I have a
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How do you get him? Go to buy raycon dot
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(01:10:30):
Buy raycon dot Com slash Chat by raycon dot Com
slash Chad. Coming up, we got your urban word of
the day that is straight ahead right here on the
Chad Benson Show.

Speaker 22 (01:10:50):
Welcome to chat che No, not the country, the institution,
the Chat Benson Show.

Speaker 2 (01:11:00):
It's that time of the program where we learn what
the youth say so we can take some of those
cool things they say and maybe add them to our
repertoire when it comes to algoage.

Speaker 30 (01:11:12):
Now it's time for the urban word of the day.
The young have a vocabularity all their own, and we
break it down for you. It's called the urban word
of the day. All right, your urban word today. Remember
it can be more than just a word. It could
be a phrase. This one's I like this one right here,

(01:11:34):
cope and move on. I think a lot of the
younger generation need to learn this.

Speaker 6 (01:11:40):
I get it.

Speaker 2 (01:11:40):
Things didn't work the way you wanted to someone little sideways.
You know what you do? You cope and then you
move on. That's what you do. It's what I tell
my kids. Have that moment, cope with it, just deal
now move on from it. Oh chat very harsh, I know,
but it was needed. Cope and move on? Is your
urban word of the day? Was the urban word of

(01:12:01):
the day now, you know? Always good to know my
friends three two, three, five, three eight, twenty four, twenty
three at Chad Benson Show. It's your ex, your Insta, YouTube, Facebook,
and more right here on the Chad Benson Show. Coming up,
last hour of the week. Got some finally Friday sounds

(01:12:22):
a little what's trending as well, and our buddy Jim
Kennedy from the Kennedy Institute of Public Fallacy Research is
going to join us. I was just thinking about it.
This is our last Friday of the year as well,
because we're gonna work Monday Tuesday next week, then we're off.
Then we're gonna work Monday Tuesday the following week, and

(01:12:45):
then we're off till the fifth. So George the nitty gritty,
if you know what I mean. Reach out to us
across all of our social media. We love hearing from
all of you. We've got it locked, We've got it loaded.
Coming up our number three straight ahead. This is the
Chad Benson Show.

Speaker 1 (01:13:03):
This is the Chad Benson Show, The Chad Benson Show.

Speaker 26 (01:13:34):
Hey, it's scary of yourse and I have got a
great Christmas present for you.

Speaker 2 (01:13:40):
Listen to this. That's what a goose shows like.

Speaker 26 (01:13:49):
Where they're flying, they're letting you know they're up there.
You get a bunch of geese together, they're hawking in
the air.

Speaker 2 (01:14:02):
That right there is a mess. You take copious amounts
I think of drugs at some point in time, and
you mix that with a crash onto asphalt on a
motorcycle and Gary Busey right there, God bless him, though

(01:14:24):
he's an American treasure. I don't even know what to
say at that point in time. It's just and you know,
we usually have our Gary Busey moment of the day.
I'm gonna start bringing that back, but he just he
looks at the camera and his hats. It looks like
you found a hat on the ground that everybody in
the world had walked on and he's got it on

(01:14:46):
his head, but it's it's like a trucker hat and
it's folded down in the front, like the top part.
Like that Bill's right there and he's just ug You're
like merk Christmas man, speaking of Christmas kid. Monday Tuesday,
we're here. We're off Wednesday, Thursday, Friday, Saturday, Sunday. Obviously

(01:15:09):
we're back Monday Tuesday, and then we're off again till
the new year. Just letting you guys know that, because
that's what we do here, and if you're going to
be traveling, be prepared, boys and girls.

Speaker 31 (01:15:20):
More than fifty one thousand planes taking off as people
and packages head to their destinations. The FAA even planning
on using limited military airspace if needed. The TSA revealing
the anticipate screening more than forty three million passengers between
December nineteenth and January fourth. That's two point eight to

(01:15:40):
three million passengers a day.

Speaker 2 (01:15:43):
That is a lot oh passengers. Just to let you
guys know, we always talk about this.

Speaker 6 (01:15:48):
Every year.

Speaker 2 (01:15:49):
It seems to be busier and busier, and every time
we have a holiday like this is going to be
the busiest holiday of the history of holidays.

Speaker 31 (01:15:57):
Today is the busiest day after that January fourth, when
passengers return from the holidays. The best advice from American
and other airlines download their apps before flying, and if
you're headed to the airport, try to give yourself some
extra time.

Speaker 6 (01:16:11):
It will go a long way.

Speaker 2 (01:16:13):
A long way, how far a long way. Just be careful.
And we always say this every holiday, every holiday, whether
you're driving out there person next to you doesn't want
to be stuck in traffic any more than you do.
And when you're at the airport and you go up

(01:16:35):
to the ticket counter because there's an issue here and there,
or there's a cancelation or a delay, that person didn't
wake up and say, you know what, my goal today
is to make this person's life miserable. A smile and
a kind word will go a long, long, long way.

(01:16:59):
You would be surprised how far it will go. Many
times I have been very, very kind, because that's kind
of just who I am. It's kind of a you know,
like here comes to your hey, what's going on? And
how lo and behold, oh oh hey, sir, yeah, yeah,
we found an extra seat on this plane, or hey, uh,

(01:17:24):
there is an extra seat, but it's the first class,
but you know I can get you on it. Oh,
thank you very much, appreciate that. But you should want
to be kind for the sake of kindness. But sometimes
kindness comes back and pays you back. Speaking of payback,
as we move on from those fun stories to this
awful story, they finally have their guy. What guy is that?

(01:17:45):
The Brown mystery shooter who killed two people last week
and wounded several more has been found dead and they
have linked him to the killing of the MIT professor.
Who is this guy?

Speaker 4 (01:18:02):
Cardio Nevis Blente was forty eight years old, and authorities
said there is no doubt that he is the killer.
They were able to track him using a combination of
video imagery, license plate readers, and some good old fashioned
police work.

Speaker 2 (01:18:22):
Good old fashioned police work. Really yep, good old fashioned
police work, super old. And by that there's a homeless
guy I guess that lives in the bottom of the
building at where you know, Brown University. And he had
seen this guy on several occasions and was suspicious and

(01:18:45):
so he thought, I think this is that guy. So
it was a cat and mouse game. His name was John,
so he alerted authorities No, he went to Reddit. What Yeah,
he went to Reddit. He followed the guy around, he
looked into his car on a few occasions, and at
one time they had made eye contact and they were

(01:19:06):
really close and there was this uncomfortableness there and that's
when he said he knew and then he went to Reddit.
So his name is John has been changed. His identity
has been changed. But this guy used to go to Brown,
the guy who shot up Brown. He used to be
in that department or that hall where the shooting took place,

(01:19:29):
and he left there years ago. He also is Portuguese,
as is the professor from MIT, and they did study
together at university. But what the relationship is with all
of these things, like with the guy at MIT, I
don't know if he was jealous of him. I don't
know if there was a love triangle. I'm sure we're

(01:19:50):
gonna hear all kinds of things as we have heard.
I mean I have heard everything that you could think of. Remember,
it was a it was all I and then it
was the marine. Right, we got a guy in custody
and it's a twenty four year old decorated marine who
was from Wisconsin, who was at a hotel everybody knew

(01:20:13):
who his name was, and like, now that's not the guy,
but it's too late now because the damage was done.
And then you go from there to we're not quite
sure to this. So what the relationship is, I couldn't
tell you. And I'm sure over the next couple of
days you will hear all kinds of things, because that's

(01:20:35):
kind of what we do, is we grab something and
we run with it, and then we put it out
there and we you know, it doesn't matter if you're
right or wrong. I mean, see the battle that's going
on right now with the Turning Point stuff and Candice
Owens and all of these things. These things right here,
you just sit there and you go but you don't

(01:20:58):
have to be right anymore, you don't. You can just
you know, kind of lean your head and go, I'm
only asking questions, and away it goes. So you're gonna
hear all kinds of stuff, but they're not looking for
anybody else. This was the guy, and uh, they're pretty
sure not only did he shoot up Brown, that he

(01:21:18):
also killed the professor at MIT, which was a trip.
I heard what I hear the other day. They thought
that was an ira An Iranian hit squad, had got
the professor, and then it was a professional job. I
know these things. It was a professional job, was it?

(01:21:38):
Because it comes to find out it's a forty eight
year old Portuguese guy. It wasn't John Wick. It wasn't him.
It was this guy. Oh there you go three, two, three, five, three, eight,
twenty four to twenty three atch had Benson show, it's
your ex, your instein, You're YouTube, Facebook and more. Yesterday

(01:22:03):
weed Iwana wasn't legalized. I want to say that a
lot of people think it was legalized. It was not legalized. Okay,
it was actually just re scheduled. So it's Schedule one

(01:22:24):
down to a Schedule three. Uh oh yeah, it's that
Afroman guy.

Speaker 9 (01:22:32):
from a Schedule one to a Schedule three control substance
with legitimate medical uses.

Speaker 7 (01:22:43):
It's not.

Speaker 2 (01:22:44):
Legal, is what he's saying. I was gonna clean my
room before I got high. I was gonna get up
and find the broom. But then I got high. You
missed them, and I know why because I got hot.

(01:23:07):
Because I got hot because I got hot. So that's
all it is. It's just rescheduled. And what this does
is it gives them something that they've wanted for for years. Yeah,
they would like to see legalization obviously, I think it's
coming at some point in time. But what they want now,

(01:23:28):
what they desperately need big.

Speaker 6 (01:23:31):
Weed, is.

Speaker 2 (01:23:34):
To be able to operate like a business. So right now,
you can't write off anything on your taxes, but you
have to pay taxes. You can't bank, you can't do anything,
so you're really not treated as a business.

Speaker 6 (01:23:52):
Yet.

Speaker 2 (01:23:53):
It's funny that while you're not treated as a business,
they still want your taxes. So that that that always
makes me laugh. So wait a minute, the Feds don't
recognize you, but they do want their money. Okay, there
you go. And the other side of it, and this
is a big thing too, is that you know they're

(01:24:14):
going to talk about research and stuff, which I still
think is important no matter how much people say, wow,
we've done all the research. Uh. Also the research for
pulling some of the properties out I think is going
to be interesting and big money. Big money. Now they
can start to take institutional money, which will be big

(01:24:34):
for the weed business. And the truth is, it's what
are we doing? I mean, we're all grown up here.
Let's get over ourselves for cutsakes three two, three, five,
three eight, twenty four to twenty three at Schad Benson's show,
is your ex, your Insta, your YouTube, your Facebook and more.
We got a little what's trending coming out? Or Buddy
Jim Kennedy of the Kennedy It'statota Public Policy Research is

(01:24:58):
going to join the program.

Speaker 6 (01:24:59):
Plu Us.

Speaker 2 (01:25:01):
Finally Friday Sounds. But first, Birch Gold. There's gold in
them their hills, and there should be gold with you.
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Chad Benson Show.

Speaker 1 (01:26:28):

Speaker 2 (01:26:31):
Now it's time to find out what's trending. What's trending?
Sign James de.

Speaker 28 (01:26:44):
Norway, Oman, Pakistan, Qatar, Russia, Serene.

Speaker 2 (01:26:52):
Can jump.

Speaker 12 (01:26:55):
What tring?

Speaker 2 (01:27:00):
All right, let's find out what's trending on the magical
world the Internet on this Fryay. Reminder, this will be
the last Friday will be on the air of this year.
Monday Tuesday next week Monday Tuesday the following week. Let's
start with the Yahoo Claudio nevs Valentine looks to be

(01:27:23):
the suspect in the Brown University shooting, as well as
the MIT professor who was shot. He was found dead
in a storage facility, self inflicted Puka nukua. First of all,
what a game last night. But he was going to

(01:27:45):
do a dance that apparently was anti Semitic, and he
said he had no idea, And quite frankly, I saw
them practicing the dance on the interwebs, you know, some
of these influencers, and I had no idea either. That was,
Oh my god, we are two uptight Epstein, Rob Reiner,
inflation report over tox, Dan Bongino, US inflation, military strikes,

(01:28:14):
Norco trafficking boat in the Pacific Democratic Party, Gulf of Mexico,
Gulf of America. How dare you say that? Sam Darnold,
al Michaels Portuguese Brown shooter, Sam Bradford, and yes, weed

(01:28:36):
we yes weed weed weed weed over to Google. Number
one for anything was the horrific tragedy yesterday? Greg Biffle.
He two pilots, his wife and their children killed in
a plane crash in North Carolina three two, three, five,

(01:28:58):
three eight, twenty four, twenty three at Shed Benson Shows,
your ex Insta, YouTube, Facebook, and more right here in
the Chad Benson Show Kennedy Center. Excuse me, Trump Kennedy Center.
It's my favorite avatar. Fire and Ash. Does that come
out today? I think it does. It was Khalifa. All

(01:29:19):
things trending in the magical world love Twitter. Yeah, I'm
still laughing about the whole Trump Kennedy Center stuff. How
can he not? TikTok was also trending. And speaking of TikTok,
you know it was supposed to be gone what I
think a day or two ago. But have they come
to an agreement where now there is no more worries

(01:29:40):
about where TikTok is going.

Speaker 13 (01:29:42):
The owners of TikTok have signed a deal with major
investors to keep the app operating here in the US.
It's a joint venture that includes Oracle and other companies,
with ByteDance maintaining twenty percent ownership. User data will be
stored by Oracle, and TikTok's algorithm will be retrained to
protect against outside manipulation. Congress passed a law banning the
app unless it was sold and President Trump repeatedly postponed

(01:30:05):
the ban. The deal is expected to close next month.

Speaker 2 (01:30:09):
I am curious to see what the outside influences are
because you go on there now, it's there's so many
fake videos and not fun ones, people trying to fool you.
There's so many of those things. And what does the
outside influence look like? That's going to be stopped because

(01:30:31):
the moderator, and I think a lot of this has
to do with the Palestine stuff. The moderator is a
former IDF soldier, kind of hand picked for this, So
this will be interesting to see, but you don't have
to worry. It's not going anyway. Three two, three, five,
three eight, twenty four, twenty three at Chadbentson Shows, Your
ext Your instat coming up. Jim Kennedy, Kennedy ex the

(01:30:51):
TATA Public Policy Research Chad Benson, Job Fun, Chad Ventson Show.

Speaker 1 (01:31:20):
The Chad Benson Show.

Speaker 2 (01:31:22):
It is that time, oh the week. It's the Christmas
gift that keeps on giving. Jim Kennedy, the Kennedy Institute
of Public Policy Research joined in the program. All right, Jim,
A lot of places to start first and foremost, what
did you make of that bizarre speech that seemed to
go on for eighteen minutes that it was almost like

(01:31:42):
he had a place to be because he was going
one hundred miles an hour.

Speaker 6 (01:31:46):
I think he had dinner reservations. As a matter of fact.
It was the greatest speech. It was perfect. Couldn't have
been a better speech given ever by any president ever.

Speaker 32 (01:31:54):
No, it was interesting. We were texting back and forth,
kind of going, what are we watching here? And I
don't get the point of it. I thought this was
going to be the announcement that he was gonna move
marijuana to Schedule three, and that was gonna get him
a lot of youth votes, or he'd get the Republicans
a lot of youth votes.

Speaker 6 (01:32:12):
But yeah, all he did was sit up there and
just brag for eighteen minutes. And I mean, I like
the warrior.

Speaker 32 (01:32:17):
Dividend that was. That was good of him. You know,
all those are the people in uniform deserve that kind
of thing. Been nice, and maybe a little bit more money,
but that still was a great, great thing for him
to do. Assume he has the authorization to do that,
I'm not sure that he does.

Speaker 6 (01:32:32):
I hope, I hope he does well.

Speaker 2 (01:32:34):
Even if he has the authorization. The question is where
does he get the money because he says this congress.

Speaker 32 (01:32:42):
Congress has the power of the purse. I assumed they
had to allocate the money. I don't know, but you know, again,
I hope it pans out. I don't want to have
something that, you know, he said it was already going
out to people that he may have been exaggerating, but no,
it was I mean, it was Trump being Trump. I
mean that's basically to me, how you sum that speech up.
It's what Trump does. He gets out there, you go.
But he was a little you know, he was a

(01:33:02):
little urgent with it, which which is a little different
from him, like you said, yes, like he did have
a dinner reservation or somewhere to go, but you know, hey,
he's you know, he was with fact checked hard on
it by a lot of the sides on it. And
not everything pans out, but things are is turning around
in some areas, and that's what he was trying to
tell people as we head on the Christmas holiday, present

(01:33:24):
a positive message and hopefully everybody will have a good,
good holiday Christmas season.

Speaker 2 (01:33:28):
Douging to Jim Kennedy Kennedy Institute of public policy research.
All right, let's get serious when it comes. I mean,
that thing was crazy. He looks like he is shrinking
the group around him and that they're just I don't
quite know what's going on with him. I feel like
there's this is not the adults in the room at times,

(01:33:50):
this whole thing with you know, from naming the the
the Kennedy Center after himself, come on, let's oh. I
was like, I'm so surprised to the the bizarre plaques
on the wall where he wrote the you know, the
biography of the presidents that came before him, which were
of course, you know, Biden stole everything. He's the worst,

(01:34:13):
Barack Hussein Obama, you know what, what's going on? Man?
This doesn't feel like it's ready for prime time.

Speaker 6 (01:34:20):
I think it's a guy that knows that that that
he's on his way out.

Speaker 32 (01:34:23):
I mean he's on his way out of the presidency,
not not on his way out of life, but that
he basically, you know, it's not that he's a lame duck,
but he sees the end and he knows that it
is coming and that he can do what he wants
because nobody's gonna be able to do anything to him
at this point. Yeah, I mean Tom reminded me of
remember the fractured fairy tales, the cartoons in.

Speaker 6 (01:34:43):
The in the morning when we were kids. Yes, that's
kind of what it reminds me of. It's a fractured
fairy tales.

Speaker 32 (01:34:48):
He is basically he's kind of got some truth in there,
but he's got a lot of fiction put in there,
and he's basically trying to insult people, which which is
just trumpy. I mean, that's just Trump again. Is it
something that that you'd like to see in a pres
is No, absolutely not. I'd like to see something that's
more measured, that's more mature. Does it drive the left
absolutely nuts?

Speaker 9 (01:35:06):
Yes?

Speaker 6 (01:35:06):
Is it great entertainment value? Yes? Is it really what
we want our president focusing on? Oh heck no. You
know again, this is what you get when you when
you when you want.

Speaker 32 (01:35:13):
For Trump, It's like I've said, Trump is exhausting because
there is always something every.

Speaker 6 (01:35:18):
Day coming up. In some days, two and three things
that are coming up.

Speaker 32 (01:35:21):
Whereas Biden would have a topic that would last a week,
Trump doesn't have a top of the last eight hours
because something else is coming behind it. Another executive order,
another action somebody else administration has had a problem.

Speaker 6 (01:35:32):
It's just the way that it is.

Speaker 32 (01:35:33):
You know, I think that people are gonna be looking
for a change after Trump in twenty twenty eight. But
we've got you know, two years. I mean that the
campaign will probably start in about twelve months, I would guess,
and from there, I mean, I know everyone's jocking for
the position right now because they already got you know,
people out there already doing twenty twenty eight previews.

Speaker 6 (01:35:50):
And you can buy online if you want to bet
and stuff. Not that I'm endorsing betting, but you can.

Speaker 32 (01:35:54):
Go out there and make your bet on who you
think is going to be the Democrat and the Republican nominees.
But yeah, I mean, it's Trump being Trump. I assume
those will come down the next president comes in, and
we'll see what happens there.

Speaker 6 (01:36:06):
We'll just move on.

Speaker 2 (01:36:07):
It's crazy, man, it's crazy talking. Jim Kennedy, your buddy Kennedy,
Institute of Public Power, same range search. He went and
you know, did the whole thing with Weed, which is
you know, kind of entertaining the There's a lot of
stuff as people are looking at you know, there's like
always something going on Venezuela. What's gonna happen there tomorrow?
You know Epstein stuff is supposed to drop. And let's

(01:36:30):
not forget that the Republicans this Congress has bounced Mike
Johnson's got him out of there, and they have no
real plan when it comes to healthcare that seems to
be worth a darn outside of letting these things expire.

Speaker 20 (01:36:44):
Man.

Speaker 2 (01:36:44):
And it's another one of those things where it looks
like you're doing this to yourselves. This is gonna be
a bloodbath if you will. I shouldn't say that somebody's
gonna matp, but this is what it could potentially could be.
It's going to be a blue tsunami if you continue
to handle things this way.

Speaker 6 (01:37:00):
Yeah, no, you're exactly right on that.

Speaker 32 (01:37:02):
And I've said before that the only thing you can
do at this point is you've got to extend them
for a year because because you are going to get
wiped out in the mid terms, because they are they are.
You are giving the Democrats Topic one and topic two
right there for fodder for Basically, the Republicans don't care
about twenty five million Americans who are going to quote
unquote in air quotes, lose their healthcare not accurate, but

(01:37:23):
that's what the Democrats message is going to be. I've
given them the the top topic for the for the midterms,
and they are going to run with it like craigeous,
You've got to do something. I don't know if Johnson
has a plan that he plans to cover this when
it comes back, but basically, I mean as of January
first is when these rates are going to go up
for a lot of these people, and they're not coming
back before January first. They're not going to be back

(01:37:44):
till probably the third or the fifth of January sid
and you know that doesn't sound like there's a bill
that they're going to be working on in between because
they're going to be out for the holidays. So yeah,
this is going to be a real mess, and the
news media is just going to pound him on it.
I think may even Fox News might even start pounding
them on it for.

Speaker 6 (01:38:01):
This because this is silly.

Speaker 32 (01:38:02):
I know it's Congress, but he hasn't led them in
any way that has gotten them to any sort of consensus.

Speaker 6 (01:38:08):
And he's got to be He's got to have enough
people around on.

Speaker 32 (01:38:10):
I know you said the group's you know, shrinking, but
there's still enough smart people around to know what the
ramifications for the midterms are. Is if you have twenty
if you throw twenty twenty five million voting Americans off
of medical off of their medical insurance on the first
of January, that is not something that is going to
last and that is not something that is.

Speaker 6 (01:38:29):
Going to work out. Well.

Speaker 32 (01:38:30):
If you thought that the shutdown was able to be
you know, you know, pawned off on the Democrats. You're
not going to pawn this off on the Democrats unfortunately,
because they're not going to let you and the media
is not going to let you.

Speaker 6 (01:38:40):
So there.

Speaker 32 (01:38:41):
I have no idea what this strategy is, but I
hope somebody's thinking about something, because this is not going
to be a great start to twenty twenty six when
they get back for the GOP.

Speaker 6 (01:38:49):
That's for darn sure.

Speaker 2 (01:38:50):
Talking to Jim Kennedy Kennedy Institute of Public Policy Research,
the Economy spoke to Zach Abram earlier. He said, look inflation,
people saying, oh, look it's two point seven. This has
been great, except for when you dig into the numbers
you realize that there was a portion of the numbers
where they just put zero, like hey, we're not even

(01:39:12):
gonna look at this. It feels like there's still some
heat in this. Inflation is up, the economy is still
number one, and man, you and I have been talking
about it for at least two months. I didn't see
a massive hiring spree for the holidays, where normally you
get fifty thousand people for this and twenty five thousand
people for that, and there's going to be you know,
half of these people are going to get permanent jobs.

(01:39:34):
It feels like there was none of that this year.

Speaker 32 (01:39:36):
No, you're absolutely right. Yeah, yeah, we generally see those
things where seasonal hiring. I think most of the firms
came back out in September, right at the end of summer,
said yeah, we don't see really the need for seasonal
hiring this year. We've got a lot of people that,
you know that we could use it currently on our staffs.
So yeah, that's you know, those are people that pick
up extra work, an extra dollar. Sometimes they're seniors that

(01:39:57):
are looking for some you know, for some money to
buy the grand care its presence, and that certainly did
not pan out. Prices seem to be getting better, and
to me, when you talk about I mean I'm sorry,
but Trump really isn't doesn't really have the ability to
bring a lot of prices down. He has the ability
to maybe reduce the rate of growth and prices or

(01:40:17):
keep them stable.

Speaker 2 (01:40:18):
Well, it doesn't help when you put tariffs on and
then tell everybody that this isn't going to be anything
but a benefit to you.

Speaker 32 (01:40:24):
Well that is true too, absolutely, yeah, basically absolutely right
on that, and then that has effect in that for
a lot of I think the current areas that do
have inflation, if you go through the different categories, is
coming from a majority of it is coming from is
comvering the tariffs because a lot of the firms are
eating but eating some of the tariffs. But I think
come January that might that might change we go into

(01:40:44):
a new fiscal year. For a lot of firms, they
may decide, Okay, you know what, these aren't going away.
We thought this was going to be temporary or shall
we say transitory. They're not looking like they're transitory. So
we're gonna have to be cutting back on the amount
of the of these tariffs that we're paying because they're
starting to affect their earnings. This isn't just a couple
of month thing. This is more longer term, and we
can't continue to front it out of our out of

(01:41:07):
our financial performance. So yeah, I think that you're gonna
see some more of that coming into those terrify items.
I haven't heard of any deals recently with countries.

Speaker 6 (01:41:17):
There were you know, we.

Speaker 32 (01:41:18):
Had a nice spite or a nice state of deals
coming through the summer months and into the early fall,
But since we got to November, I haven't heard of
any really large deals have been cut with any countries.
And I think we're still kind of on and off
with China. And again we've still got the Supreme Court
case out there whether these tariffs at all are legal,
whether Trump has the power to even implement tariffs without

(01:41:38):
congressional approval. So that's gonna be a big impact on
that hits too. So I think, yeah, I think it's
going to be interesting for the first couple of months,
specially with the economic numbers as you turn into into
twenty twenty six.

Speaker 2 (01:41:50):
Talking to Jim Kennedy Kennedy Institute of Public Policy Research,
Susie Wiles, she came out, you know that article everybody
the rights all it's fake news? Is this that and
the other? Yeah, I've seen the guy did all the interviews,
We've heard some of the stuff that he's got, some
of the tapes. It's it doesn't feel to be to

(01:42:13):
be to be fake. Maybe there was some stuff by
a mission, okay, But the stuff I think that she
talked about, you know, look, she didn't really say anything
that I think most people didn't think.

Speaker 32 (01:42:26):
Yeah, and my understanding is most of them are quotes
from her that she's quote unquote in trouble for and
that you know, I guess he followed her around for
a significant period of time and had had all this
stuff marked down or taped or written down.

Speaker 6 (01:42:39):
So I don't know how exactly, you know, maybe she
just forgot exactly what.

Speaker 32 (01:42:43):
She was doing or what he was doing, and that
he was there and maybe sitting in the corner in
the meeting, and she got you know, she got caught
by that. But yeah, and again, there isn't anything that
that's truly you know, I mean, it's it's a little embarrassing.
It's not any sort of great you know. Oh, Trump's
policies are horrible. I hate working for He's a terrible person.

Speaker 6 (01:43:01):
Yeah, there was none of that.

Speaker 32 (01:43:02):
Yeah, there's yeah, there's nothing that would that should really
get her terminator, get her fired. But it's just, you know,
there's some uncomfortable things and some things that are that
are that are just embarrassing. And you know, Trump does
not like to be embarrassed, especially when people are are
not looking at him as the you know, as the
chosen one, as the best president ever.

Speaker 2 (01:43:23):
And says so on his plaque. Jim says, right, says
right there on the plaque, best President ever, forty five,
forty seven, Jim Kennedy. Kennedy ins thet to Public Policy Research. Brother, Uh,
you go have yourself a good night, and we're gonna
do it again on Tuesday. We're gonna have like a
Christmas edition of of this wackiness uh on Tuesday as

(01:43:45):
we wrap up you know, the the year here. So
we'll look forward to talking next week.

Speaker 6 (01:43:50):
Sounds good.

Speaker 2 (01:43:50):
Thanks love talking to Jim. Check him out at Righty
Jim the old ex Omaha Steaks. Maybe Omaha Steaks has
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(01:45:19):
that's Oma Steaks dot com code Benson. We're going wrap
it up straight ahead. Chad Bens a.

Speaker 33 (01:45:23):
Shoe serving up talk radio medium, rare and dripping with irony.

Speaker 1 (01:45:38):
It's Chad Benson.

Speaker 2 (01:45:40):
As we wrap up the show today. Let's take a
listen back to the chaos, the craziness, some sad stuff
as well. It has been one hell of a week.

Speaker 10 (01:45:49):
I'm burning inside because for months I've sat behind this
microphone and I've worn government. I've worn police of the
heightened sense of anxiety within the Jewish community.

Speaker 1 (01:45:58):
A man walking up to a gunman and single handedly disarming.

Speaker 2 (01:46:03):
And that man, he's a genuine here.

Speaker 11 (01:46:05):
I've got one hundred dollars walking Oh, I know how
I'll say, anybody is burning, hold I through my pocketing
and do my skin among the morning Hope Brock It's fine,
fy free, I'm done, my motor running again. It's fine.

Speaker 2 (01:46:34):
Time.

Speaker 27 (01:46:35):
With less financial flexibility, Americans are pulling back on charity.

Speaker 24 (01:46:39):
Food prices have skyrocketed twenty five percent in the last
five years.

Speaker 15 (01:46:44):
Paying more four essentials like food and rent, and energy prices, which,
by the way, we're up more than one percent in
this report.

Speaker 12 (01:46:52):
It's fine, fire free.

Speaker 11 (01:46:55):
I'm done my motor running again.

Speaker 2 (01:46:59):
It's fine.

Speaker 16 (01:47:00):
First, I want to thank God for giving me the
opportunity to chase the dream that once felt the world away.

Speaker 1 (01:47:11):
Is it a pelto good question?

Speaker 2 (01:47:13):
I mean you could look at it that way.

Speaker 17 (01:47:15):
Doesn't look good. So for you guys, stops so to
see where it goes.

Speaker 12 (01:47:23):
Bily hurting my hand in and by Judy wonder By
ever so, Wendy had a thirty hours slowly tunity brody
order of fay. I'm a free heart.

Speaker 11 (01:47:41):
Run it's time.

Speaker 2 (01:47:46):
Out of drama, forget the work.

Speaker 9 (01:47:52):
We'll be signing an executive order to reschedule marijuana from
a Schedule one to a Schedule three control substance.

Speaker 2 (01:47:58):
Because Covers is literally failing the American people. Nick Reiner
a suspect in this case. He was subsequently booked for
murder and is being held on four million dollar bail.

Speaker 9 (01:48:09):
I was not a fan of Rob Reiner at all,
in any way, shape or form.

Speaker 2 (01:48:12):
I thought he was very bad for our country.

Speaker 18 (01:48:14):
This happened during a Democrat administration, and it's when we
first began hearing the word affordability.

Speaker 19 (01:48:21):
Good Evening, America eleven months ago. I inherited a mess,
and I'm fixing it.

Speaker 2 (01:48:26):
What's a week? You know, as it gets closer to
Christmas the New Year, I thought, oh, it's gonna be
a quiet week. And it did not start quiet, and
it stayed steady throughout because apparently that's the world we
live in now, which, as you guys know, seems to
be exhausting. Three two, three, five, three, eight, twenty four,
twenty three at Chad Benson Show, ture X, your Insta, YouTube,

(01:48:50):
your Facebook, and more. If you're missing any of the show,
if you could do us a favor, grab that podcast
helps us out right here on the Chad Benson Shows.
The hell of a week, no doubt about that. Hopefully
this weekend will be much quieter, not gonna lie to
you kind of pumped birthdays tomorrow. It's gonna be a
relaxing day, I hope. But next week we remind everybody
we're gonna be here Monday Tuesday, and then we're off

(01:49:12):
the rest of the week, and then the following week
the same thing Monday Tuesday, and then we'll be off
till the fifth so it takes a much needed relaxation
and praying that nothing chaotic and crazy happens. But every
time you say that, I think it seems to be
the exact opposite. That's not true, Ched, Yeah, I feel
like we're bombing Venezuela this weekend. I hope not. I'm sorry,

(01:49:35):
I'm kidding.

Speaker 6 (01:49:35):
I hope not.

Speaker 2 (01:49:36):
You guys have a blessed an amazing rest of your
Friday and weekend. We'll do it again on Monday night,
night Jack.

Speaker 1 (01:49:42):
This is the Chad Benson Show.

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