Episode Transcript
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Speaker 1 (00:11):
The Chat Benson Show.
Speaker 2 (00:13):
It's like whiplash. One minute there's tariffs, the next minute
there's not tariff, then there is, then there is.
Speaker 3 (00:19):
I couldn't tell you right now what's happening when it
comes to tariffs? And why does it matter? Because we
pay for stuff? Is it going to be more expensive
less expensive? We also happen to be small business owners
or even medium or large sized business owners. Am I
(00:39):
going to have to pay for this and pass it
on to my consumer? Am I going to have to
eat it and potentially start taking losses? I?
Speaker 2 (00:49):
I what? But I thought there was didn't you rule that?
Speaker 4 (00:55):
What?
Speaker 3 (00:56):
Because I thought there was a ruling where you're like, Nope,
this is illegal. And then all of a sudden, with
in less than you know, eighteen hours later.
Speaker 5 (01:02):
An appeals court ruling the president sweeping tariffs can continue
for now while the courts fight this out, the decision
coming less than twenty four hours after a federal panel
blocked most of Trump's tariffs, saying he doesn't have the
authority to do this.
Speaker 2 (01:17):
The White House now appealing that decision.
Speaker 5 (01:19):
While adamant, but they have other avenues to carry out
Trump's trade agenda.
Speaker 6 (01:24):
I don't what sweet huh, So there's a pause, there's
not a pause, but but what's what's happening?
Speaker 5 (01:35):
In April, Trump bypassed Congress to declare a national emergency
and impose his so called reciprocal tariffs on nearly every
US trading partner, but that federal panel, including judges appointed
by Reagan, Obama, and Trump, ruling that those tariffs are unlawful.
The using a national emergency declaration exceeds any tariff authority
(01:56):
delegated to the president.
Speaker 2 (01:59):
I I don't know.
Speaker 3 (02:02):
What I do know is Congress, do your job. We
could sit here and talk about all kinds of bs
all day.
Speaker 7 (02:08):
And because.
Speaker 2 (02:10):
This is when it matters to you. When it affects
my pocketbook, it matters. That's the consumer, as a business owner,
as somebody who may be inside of the chain that
you may not be the final part of the of
the link of the chain for the consumer you are
(02:30):
to the business owner or maybe you're the business owner,
it affects you a little bit more. Now.
Speaker 3 (02:36):
So when it starts to a vacue is when you
start to pay attention. For many of you on the
consumption side, you're like, well, it hasn't really hit me
yet in some ways, maybe a few things here and there,
but it's just confusing.
Speaker 8 (02:51):
It is.
Speaker 2 (02:55):
Frustrating, and at this moment in time, I have no
idea why what the heck is going on?
Speaker 3 (03:02):
Can we just get final ruling? So what happened? Snapshot
of this, I'll do that for you. Cliff notes version.
Trump throws all these tariffs on via an emergency law
(03:22):
that was set up in like nineteen seventy seven, and.
Speaker 2 (03:30):
That is how he did it.
Speaker 3 (03:34):
When you need Congress really to be a part of this,
but he said, now it's an emergency and based on
this law right here, I can do this. And then
the court said, no, you can't, but we're going to
allow it to go through for a while while you
(03:56):
file an appeal, and we're just going to keep it
the way it is right now. We're ruling it against you,
but keep going forward.
Speaker 8 (04:05):
And a lot of.
Speaker 3 (04:05):
People think that, as I was explaining to some people yesterday,
it's rogue judges. No, it's not rogue judges. I'm not
saying there's not activist judges. That's their activist judges out there.
Speaker 2 (04:18):
What I am saying, though, is the way that some
people think is these judges, just go give me a case.
Speaker 3 (04:25):
Anything that's going on in the news. Oh Trump's done something,
I'm going to rule against him. People, small businesses, business
owners brought lawsuits from states, mostly blue states, but brought
lawsuits saying, hey, you're doing this is crushing my business.
So no, and so at this moment in time, I
(04:51):
don't know what's happening. The goal is to get it
to the first of all, there's two goals. Get it
to the Supreme Court, find out what the ruling is
going to be. And but the thing that's probably going
to take care of this quicker is negotiation. Negotiation, negotiation,
That's what's going to be the most important thing. And
(05:12):
as always talking, I was talking yesterday my uncle, and
you know, we do our podcast and stuff at night.
Check out our stuff YouTube, like and subscribe chev inso
Show TV. But you know, it's like, well we're winning
against China. I'm like, well, what did we get? I mean,
what did what did we what did we get out
(05:32):
of it?
Speaker 2 (05:33):
Okay, we're imposing tariffs on them and we're here is
what why we always have this trade and balance when
it comes to dollar bills show we're rich. Well, I'm
not rich.
Speaker 3 (05:46):
No, we as a nation are rich af And because
we're rich af we are always going to have a
trade and balance. The dollar is stronger, the more powerful
we have more disposable income, so we're always going to
consume more from countries that don't have what we have,
(06:12):
which is money, strong, currency stability. That's all Rand Paul said.
We're always gonna have trade deficit with Bangladesh. You want
to know why they're poor, that's why not being mean,
but compared to us, they're poor. So what are we
(06:40):
getting from China? Because that's really the thing I couldn't
tell you.
Speaker 2 (06:47):
Did they allow us to bring all of our companies
that want to sell over there over there without any restrictions?
Speaker 9 (06:55):
No?
Speaker 2 (06:57):
Did they promise to not steal any more intellectual property?
Do you really believe them? So I'm just trying to
figure out what we're getting out of this. If this
was about making and trying to force companies to move
manufacturing to countries that either align with our vision of
(07:21):
the things that we want, hope and care for in
the future, freedom, stuff like that, or at least can't
stand China. Okay, But I'm trying to figure out maybe
somebody can tell me what we got out of it,
because I'm you guys know I feel about China.
Speaker 3 (07:43):
I've said the video last night, talked about it. I
don't know why we're negotiating with a country that wants
to rule the world and become They're not our friend,
at least not at this moment in time.
Speaker 2 (07:57):
Not saying they can't be. They're our adversary. So just
throwing it out there. Oh, mister Bessett, what do you
have to say about China?
Speaker 10 (08:05):
And what about China specifically China and that obviously.
Speaker 2 (08:09):
Started in a different place. How can you characterize those
talks now?
Speaker 11 (08:14):
I would say that they are a bit stalled. I
believe that we will be having more talks with them
in the next few weeks, and I believe we may
at some point have a call between the president and
party chair.
Speaker 2 (08:33):
She Okay, So I wish somebody would just go, Okay,
what are you guys hoping to get out of this?
Speaker 3 (08:40):
Well, we want to fair trade? Okay, Well what does
that mean? What does the fair trade mean to you?
What are we getting out of it? Well, we're going
to throw a bunch of tariffs on it. The stuff's
going to be more expensive, and then we're going to
get all this money.
Speaker 2 (08:55):
Yeah, but eventually that's not work the way that you think,
because we're going to start hopefully buying from other places,
or we're going to buy a lot less. And I'm
trying to figure out what we're getting out of it, because.
Speaker 3 (09:15):
If you think the IP thing is a big deal,
well it is, But do you think they're really going
to stop? There's just a lot of con To me,
there doesn't seem to be any real vision of what
it looks like when we're dealing with China. The rest
of the world is a different thing, but when we're
dealing with China, I'm trying to figure out what the
(09:39):
endgame is here.
Speaker 2 (09:41):
So stalled. There was a time when the President thought
that it was moving forward pretty significantly.
Speaker 11 (09:47):
Again, I think that given the magnitude of the talks,
given the complexity, that this is going to require both
leaders to weigh in and with each other. They have
a very good relationship, and I am confident that the
Chinese will come to the table. When President Trump makes
(10:10):
his preferences known.
Speaker 2 (10:12):
Okay, there you go in so he promises that that
will happen. That will happen. Meanwhile, back here after all that,
there's still this thing called the Big Beautiful Bill, Big
absolutely beautiful. It's a BBW.
Speaker 12 (10:32):
Kind of I also want to take the opportunity to
debunk some false claims that have been circulating in the press.
Are you going The latantly wrong claim that the one
big Beautiful Bill increases the deficit is based on the
Congressional Budget Office and other scorekeepers who use shoddy assumptions
and have historically been terrible at forecasting across Democrat and
Republican administrations alike.
Speaker 13 (10:52):
For example, just before Congress enacted the.
Speaker 12 (10:55):
Original chump tax cuts at the end of twenty seventeen,
the same CBO projected that growth would average I your
one point nine percent over the next ten years. However,
by twenty nineteen, actual growth had surged to three point
four percent once the Trump tax cuts went into effect,
exceeding the CBO forecast by nearly two full percentage points.
Speaker 2 (11:16):
But that didn't stand.
Speaker 3 (11:18):
And it's hard to get a feel of what that
looks like because obviously COVID came in and just changed
everything to insanity.
Speaker 2 (11:24):
So and I'm not against tax cuts. The wealthy don't
need it, and we know that, but don't tell me, please,
that you're asking to raise the debt limit by four
and a half trillion and that somehow this is going
to cut.
Speaker 3 (11:39):
Because there is no cuts, there's more being spent. So
I was born at night, just not last night. Three two, three, five,
three eight, twenty four to twenty three at you had
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ninety eight, ninety eight, ninety eight. Now, this is the
Chad Benson Show.
Speaker 1 (13:10):
Chad Benson.
Speaker 2 (13:11):
It is Friday. So you know what Dad means. Oh yeah,
little George Jones and those crazy sounds and whatnot. We
heard this week.
Speaker 14 (13:20):
We are not cutting medicaid in this package.
Speaker 2 (13:24):
There's a lot of misinformation out there.
Speaker 8 (13:27):
Give us, give you the dive master, beg beautiful belt.
Speaker 15 (13:32):
I think it both can be can be can be
big or it can be beautiful.
Speaker 9 (13:36):
But I don't know if it could be fucking I'm
not one.
Speaker 8 (13:39):
Hundred dollars walking me my beautiful. I know how I say.
Anybody's burning a hold right through my pocketing and do
my skin among the morning, I'll be brown. It's fine Friday.
Speaker 16 (13:54):
I'm a friend here.
Speaker 8 (13:56):
I'm done.
Speaker 16 (13:57):
My motor running away again.
Speaker 8 (14:00):
It's done.
Speaker 17 (14:07):
The couple made famous by their hit TV show Crisly
Knows Bests.
Speaker 15 (14:11):
Your bears are going to be free and clean, and
I hope we can do it by tomorrow.
Speaker 18 (14:15):
The President himself called me and took the time to
let me know that my family is coming back together,
and for that I will forever be grateful for free.
Speaker 8 (14:27):
I'm my mother again.
Speaker 10 (14:31):
It's a blunt new warning for American workers. Artificial intelligence
is about to wipe out millions of jobs.
Speaker 19 (14:45):
They define functional unemployment to include not only those who
are jobless, but also people who are struggling to find
full time work and those stuck in poverty wage jobs.
Speaker 8 (14:56):
Hurt windin a thirty hours Lowly.
Speaker 16 (15:05):
Kennedy BRONI again drove forget.
Speaker 15 (15:23):
But in this moment, this moment, this morning, our sacred
rule of law is under attack.
Speaker 3 (15:30):
Democrats Bill seemed confused as to why they lost this election.
Three two, three, five, three eight, twenty four twenty three.
At Chad Benson's show, It's your Acts, your Insta, YouTube,
and all the other things right here.
Speaker 2 (15:45):
On the award winning Chad Benson Show, Republicans.
Speaker 20 (15:51):
Are seen as apex predators like lions, tigers, and sharks
beasts that take what they want when they wanted. Democrats
are typically as tortoises, slugs or sloths, slow plotting, passive.
Speaker 2 (16:07):
By the way, we've won the awards, but somebody who
has won an award is Faison Zaki, who is the
script spelling Bee champion. But there was an issue, Camalina
Oka and okay, let me think, let me think all
the information.
Speaker 21 (16:24):
Oh boy, Camalina, Kamalina.
Speaker 22 (16:28):
Oh shoot, okay, whatever, just bring it.
Speaker 1 (16:32):
I'm sorry.
Speaker 21 (16:34):
Tomline is a kind of plant.
Speaker 23 (16:36):
It's spelled okay, So now you know what happens.
Speaker 2 (16:40):
Yeah, yeah, okay, all right, all right, there you messed up,
but don't worry. Eventually he got his groove going and
then he got to the word, the one that will
forever change his life, the winning word.
Speaker 21 (16:55):
Your word is a clara.
Speaker 22 (17:00):
B l A I R c I S S E
M E n T deficial.
Speaker 8 (17:09):
That is correct, job bond.
Speaker 2 (17:17):
What does it mean, Chad, Well, it means to clear
up something obscure, essentially to explain something. It's French, of course,
because it is very obnoxious. So congratulations to that kid.
You are now a champion. You can see the show
grab podcast. It is the Chad Benson Show. He then
(17:40):
Chad Benson.
Speaker 1 (17:41):
Joe the Chat Benson Show.
Speaker 2 (18:03):
It's one of my favorite things we do every week
on the show. Every Friday, we have a thing called
the Wheel of Surprise. It's where I spend the little
wheel here and we number all of our audio just one, two, three,
four and so on. But I have no idea what
it is, but don't put any label on it. And
(18:23):
it's a surprise. So we play it. We find out,
you know, I find out as well as you what
it's all about. Because there's a lot of stories we
don't get to during the week. So I thought, you
know what, let's have fun with it, and so we
came up with the Wheel of Surprise. So are you
ready to find out some of the stories we missed
this week? With the Wheel? Oh Surprise, Spin it baby.
(18:57):
Number eight.
Speaker 10 (19:02):
The FBI is promising to release a new video to
prove Jeffrey Epstein did indeed kill himself, an attempted to
spell conspiracy theories that he was murdered. The Deputy FBI
director says the video does not show the actual act,
but proves that Epstein was the only person going in
and out of his New York jail cell before he
was found hanging by a bedsheet. Epstein had many prominent friends,
(19:24):
including President Trump. He was found dead in twenty nineteen
while awaiting trial on sex trafficking charges.
Speaker 2 (19:30):
Wait a minute, what that's right.
Speaker 3 (19:33):
So the interview came out the other day with Dan Bongino,
who isn't thrilled by the way with his new job.
I think he thought, oh my god, I left the
podcast radio media world and now this is no, I
don't want to do this anymore.
Speaker 2 (19:47):
But he was talking about the video.
Speaker 3 (19:53):
Now what struck me about this is what video. I
was told nothing worked, there were no videos, there was
nothing there. Everybody was sleeping, they disappeared, right, remember all
of the stuff that happened, And now magically there's a vid.
Speaker 24 (20:11):
I just want to be crystal clear on this. I
am not asking anyone to believe me. I'm telling you
what's there and what isn't right. There is nothing in
the file at this point on the Epstein case, and
there's going to be a disclosure on this coming shortly.
We are working through some There is video that is
something the public. There's a video of him killing him. No, no,
(20:33):
not fit, not the actual act, but there the entire
mcc bay. It was only one camera, there were other
there's video that when you look at the video, and
we will release That's what's taken a while on this.
We are working on cleaning it up to make sure
you have an enhanced and we're going to give the
originals so you don't think there were any shenanigans. You're
going to see there's no one there but him. There's
(20:55):
just nobody there. So I say to people all time,
if you have a tip, let us know. But there's
no DNA, there's no audio, there's no fingerprints, there's no suspects,
there's no accomplices, there's no tips, there is nothing. If
you have it, I'm happy to see it. There's video
clear as day. He's the only person in there and
the only person coming out.
Speaker 2 (21:14):
So wait, what, by the way, who would have a tip?
You know what happened to be passing by the cell
and magically there's a video. Here's what I'm gonna tell
you about conspiracies. Right, let me know what your favorite
conspiracy is. I'm and I was talking to my buddy
(21:36):
Matt yesterday. Okham Raiser.
Speaker 3 (21:39):
You know me if you listen to the show I'm
very much an Akham's razor kind of guy, which is,
you know, we'll look, we'll stare, we'll do all of
these kind of things.
Speaker 2 (21:49):
But at the end of the day, what we think
happened in reality probably happened. People are gonna look for
other things. Now, if you believe believe that something.
Speaker 3 (22:02):
Untoward happened to him, meaning he was taken out by
a group of people, hitmen, et cetera, et cetera, Okay,
if you believe that he just killed himself because he
was facing forever in jail and his powerful friends couldn't
help him out this time.
Speaker 2 (22:18):
Okay, in this situation, here's what I do know. We're
never going to know the truth.
Speaker 3 (22:28):
And even if we see the truth, because of how
this thing has played itself out, we're not going to
believe it.
Speaker 2 (22:36):
So take it, do with it what you will.
Speaker 3 (22:40):
And if you're expecting any big raids or arrest, I
don't think you're going to get your wish.
Speaker 2 (22:47):
Oh it's the wheel of surprise number three, number three.
Speaker 25 (23:08):
What what if I told you some of the toughest
guys on the internet are tucking each.
Speaker 9 (23:13):
Other in at night.
Speaker 13 (23:14):
I said, I just wanted you to have a good night, bro,
like just swee dream.
Speaker 26 (23:21):
People doing this.
Speaker 9 (23:22):
You wait wait wait wait wait a mind not like
is your love you a crowd ass me?
Speaker 25 (23:32):
It's a trend that took TikTok by storm. Most clips
are filmed by a partner showing the man calling their
friends to say good night, and even the NFL has
hopped on board.
Speaker 21 (23:42):
I'll just call and tell you good night, my gee.
Speaker 2 (23:49):
I can't tell you good night.
Speaker 22 (23:51):
You can't tell me good night.
Speaker 25 (23:52):
And while it's played for laughs, it's also a sign
of something deeper, challenging masculine ideals. It's like collegey professor
told USA Today that calling to check on your friends
as a man often goes against traditional masculine norms, which
is why these reactions are all the more priceless.
Speaker 3 (24:11):
Now, can I just say something? They're trying to redefine masculinity.
We've talked about that. Men will tell you we have friends.
We've got different kind of friends, friends that we talk
to on a daily basis via texts, stuff like that
we keep in touch with all the time, friends that
(24:35):
we hang out with, and we also have friends that
we may have not talked to in ten years. But
the minute you do, you pick up from where you
left off. And friends who if they need something or
I need something, I call them and you get the
no question whatsoever. I'll be there two in the morning, dude,
(24:58):
bring a shovel and some zip ties and don't as
any questions.
Speaker 2 (25:04):
All right, I'll be there.
Speaker 16 (25:05):
You know that.
Speaker 2 (25:06):
Come on, guys. But this is interesting.
Speaker 25 (25:09):
But it's happening at a time when data from Gallup
shows younger men in the US are among the loneliest
in the world as compared to their counterparts, in part
tied to economic struggles and personal wellbeing. And the loneliness
isn't just about being alone. A twenty twenty four poll
from National Research Group found forty three percent of men
(25:29):
aged thirteen to thirty say they don't know what it
means to be a man today, but maybe friendship is
the starting point. A twenty twenty three Pew Research study
found sixty one percent of Americans say having close friends
is the key to a fulfilling life. Eight percent of
Americans reported having zero close friends, while thirty eight percent
(25:49):
said they had more than five. So maybe it's not
just a bedtime call. Maybe it's a wake up call.
Back to brotherhood. Some men never realize they need it.
Speaker 2 (26:00):
Ah interesting, So the Night Night Call, It's trending everywhere.
It's the Wheel of Surprise. Number eleven, America's Best in
(26:28):
America's bravest.
Speaker 27 (26:29):
Tonight, President Trump is threatening to revoke federal funding from
California over a sixteen year old transgender athlete from the
Inland Empire. The President blasting Governor Newsom on his social
media site, saying, in part, under his leadership, he continues
to illegally allow men to play in women's sports. Large
scale federal funding will be held back, maybe permanently, if
(26:51):
the executive order on this subject matter is not adhered to,
also saying he's ordering local authorities, if necessary, to not
allow the transition person to compete in the state finals.
Speaker 7 (27:01):
What.
Speaker 2 (27:02):
Yeah, there is a kid and he is winning everything.
Speaker 3 (27:09):
I think it's a long jump, and it's been all
over the socials and the frustration level of the girls
who are competing are pissed at this situation. And now
Trump is saying, all right, well enough, all right this,
We're not going to have this. We've been talking about
this for quite a long time, but now it's getting
(27:30):
back to Okay, if you're going to allow this, I'm
going to hit you in the place that matters the most,
federal funding when it comes to the States and the Feds.
That is, you know, that's the purse strings will get
people to notice. Do I think you need copsterle in there?
Probably not, But I will tell you when you watch this,
(27:52):
you know, he may identify as a girl, okay, but
when you watch he's dude, and dude is crushing girls
by a huge margin. And so this is getting even
more and more attention because, by the way, you win
a CIF title, For those of you guys don't understand,
(28:15):
CIF is California Interscholastic Federation, so that's the high school
sports federation. You win a CIF title in something track
and field, you're in the top two percent arguably in
the country at whatever it is you're doing. Because many
(28:36):
of these people who win CIF titles, and I'm talking
about a ton are on their way to D one
schools because of this. So this isn't just some you know,
small thing that doesn't matter, and that's this. You're competing
against girls who believe that they should be going to
a school and having it paid for. And this is
(28:58):
where again the Democrats that's continue to fail by not
reading the room.
Speaker 27 (29:03):
Sounya Shaw is the president of the Chino Valley Unified
School District and a parent, and we.
Speaker 13 (29:08):
Asked Trump to please intervene like enough is enough.
Speaker 27 (29:11):
She's also a candidate for California Superintendent of Public Instruction
and a critic of trans youth participating in sports, people.
Speaker 13 (29:19):
That are doing steroids or drugs and because it gives
them an advantage.
Speaker 25 (29:22):
We all know boys are made differently than girls, and
so when it comes down to fairness and common sense,
that's the foundation.
Speaker 13 (29:28):
We're just trying to get back to that.
Speaker 2 (29:30):
And there's nothing wrong with that, you know, we shouldn't
be afraid to say, hey, let's be honest. This isn't fair.
It's not and it's not fair to these girls who
work hard. It's not.
Speaker 3 (29:46):
So they're trying to come up with something where a
congressman there in California State congressman said, hey, how about
we have an open division, So whoever wants to compete
can compete, right versus boy versus person who identifies as
girl or boy can compete and it'll be an open division.
Is that the answer they're trying to make everybody happy
(30:09):
when we just need to come down on the side
of reality. Reality is you are physically so much better, stronger, faster.
And I'm just talking about the average person, right, average boy,
average girl, having nothing to do with sports.
Speaker 2 (30:29):
This is what it looks like. Now. You throw training
in there and somebody who competes, and well, you're going
to get what you get. Por Hey, Reyes Salinas is
with equality California.
Speaker 28 (30:40):
Punishing an entire state to marginalize one student.
Speaker 27 (30:44):
He says, this is discrimination, and Trump is singling out
a kid to score political points.
Speaker 28 (30:50):
Upsetting to note that right now the administration is choosing
to target underage youth who happen to be transgender, and
they are using them as political pawns to escore political
points with their base, when in reality, what we do
know is that Americans are still facing a lot of
issues with their local safety, with their rent, they're housing
(31:13):
their groceries.
Speaker 3 (31:15):
No, I mean that part may be true, but not
targeting a single person, targeting activists. It's not about this
this youngster, it's not It's about the activists that push
this and then want you to suspend your belief in reality.
Speaker 2 (31:32):
So they can push a cause. We'll see where this
sends up court. May I say three two, three, five,
three eight, twenty four, twenty three at Chad Benson Show,
is your ex your instant? All of the other things
that there was the wee love surprise Rough Greens, No
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It's a twenty dollars value. You get it for free.
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Chad at Chad bets to show x instant YouTube Facebook.
You miss any the show, shame on you grab the podcast.
It is the Chad Benson Show.
Speaker 2 (33:13):
Ah hashtag me too, hashtag immigration reforms, hashtag help, I'm
trapped in a hashtag factory and I can't get out
The Chad Benson Show. The Combs trial still going on now.
Speaker 3 (33:25):
We're talking to the assistant to the aforementioned Combs Puff Daddy,
p Diddy or whatever you want to call them.
Speaker 9 (33:33):
Me is going to be back on the witness stand.
Speaker 14 (33:35):
She has already recounted several instances of violence and violent
sexual assault. Perhaps there's more to come, and then she's
going to be cross examined. We expect that would take
much of the day because the defense is going to
try and say that she was in a professional relationship
with Sean Colmbs for eight years. She had points where
(33:55):
maybe there were red flags. She said, the first day
she met Shawn Comes, he was in his underwear, And
why did she stay in that professional relationship for so long?
Speaker 2 (34:06):
I agree, but you're working with creative people because power opportunity.
Being around power and opportunity, thinking this is going to
benefit you. People are willing to celebrate of their soul,
but selling their soul and working extra hours and maybe
(34:26):
being yelled at is one thing. What he did is
something completely different.
Speaker 14 (34:31):
The jury didn't see much of her face. She kept
her head down. The jury saw the part in her
hair most of the time, not her eyes, but they
could hear her sobs. The stilted speech as she recounted
how she felt she couldn't say no to Sean Colmes.
She couldn't say no to him for a sandwich, She said,
she couldn't say no to him for anything.
Speaker 3 (34:54):
That's brainwashing and fear. Brainwashing and fear, fear that you're
going to miss out out on an opportunity to do
what be around a bunch of celebrities who look at
you as trash and as just something that you're their
indentured servant. I mean, it's look, this guy's discumbab of
epic proportions.
Speaker 2 (35:13):
We know that, so what are you doing right?
Speaker 3 (35:18):
We say that, but people get into that situation and
it starts slowly and it's like an abusive relationship.
Speaker 2 (35:23):
But he did show up in his underwear on day one.
But he's creative. Three two, three, five, three eight, twenty four,
twenty three. Yeah, Chadbanson shows your acts, your YouTube, Insta
and Facebook. And if you missing the show, make sure
you're have the podcast right here in the Chad Benson Show.
Coming up, our number two of the program, Bud, He's
(35:45):
at Abraham ch investment officer Board Capital, is going to
join the program. Talk to him a lot of different things,
including what is going on in the world of Elon Musk.
Talk to him a little bit about that.
Speaker 3 (35:57):
It's going on in the investment world, but how does
elo On, not personally as Elon Musk move on, but
Elon the CEO of Tesla move on from all that
has happened. Plus wacky college kids graduating and boy, their
degrees are fantastic. Talk a little bit about that as well.
(36:17):
If you miss any of the show. We always tell
you a shame on you grab the podcast power number
two in the Chad Benson Show.
Speaker 1 (36:22):
Straight Ahead, This is the Chad Benson Show, The Chad
(36:51):
Benson Show.
Speaker 3 (36:53):
What the hell's going on between Trump and in particular Harvard.
I feel like it's a battle between those two. Yes,
there are other schools that are also feeling a bit
of the hate, but wait, what's going on? It's very interesting,
(37:14):
but Harvard is facing Trump down in several ways, take
him to court in several ways, and being the leader
against the President and the administration on everything from speech
to DEI to revoking student visas.
Speaker 29 (37:37):
Harvard's celebrating graduation with a legal victory and its battle
with the Trump administration after a federal judge temporarily blocked
the president's ban on international students.
Speaker 8 (37:47):
Welcome the standing ovation for.
Speaker 29 (37:51):
The school's president, Alan Garber, who's become the face of
the resistance. The Trump administration accuses Harvard of failing to
confront anti Semitic Harassman and claims the school that's coordinated
with the Chinese Communist Party, allegations. Harvard denies.
Speaker 3 (38:07):
Now, I don't know if they've coordinated with the Chinese
Communist Party.
Speaker 2 (38:14):
I'm gonna go out on the limits say they haven't.
Now I'm not saying there couldn't have been somebody inside
of the administration, but they make it seem like the
President's like, Gee, it's the president, guy from Harvard. Send
some of your best spies over here, and we'll admit
him into school and they'll allow.
Speaker 3 (38:31):
Them to steal. That seems like a reach for me.
But they've had some issues with anti Semitism. And here's
the thing, the anti Semitism. And I explained this to
my friends on the left from my point of view,
(38:53):
and I'm a free speech absolutist. If you're here as
a foreign student and you're advocating for death to the West,
death to America, down with capitalism, et cetera, et cetera,
well you know what, you can get the blank out
of here if you hear and you're like, I believe
Palestine has a right to exist and there should be
a two state solution. I think what's going on is genocide.
(39:13):
I have zero problem with that. That's free speech. That's
part of why our country is way better than everywhere else.
So I got no problems with that side of it.
My issue when the anti semitism, because a lot of
that comes from people coming on campus who are agitators.
Speaker 2 (39:36):
They're not going to the school. But my issue has
always been if this was any other group.
Speaker 9 (39:44):
At all.
Speaker 3 (39:47):
So, if you had a Christian group that did what
many of these groups have done, right taking over areas
on campus, you know, holding you know the people that
work inside, they're not letting them leave doing doing any
of the stuff, you would have lost your blanket mind
(40:09):
and kicked them out of school.
Speaker 2 (40:10):
But some weird way, you've allowed this to persist.
Speaker 9 (40:14):
And so.
Speaker 2 (40:16):
I think it's a fair question to ask, especially for
sending taxpayer dollars there. Now we break down the taxpayer
dollars where they really go. A vast majority of it
goes to research.
Speaker 3 (40:28):
Because these colleges have huge research platforms and facilities, and
they partner with America on cancer and all kinds of stuff. Yes,
there's some weird stuff out there, you know, like, hey,
is this squirrel look good in you know, red or green?
Speaker 2 (40:45):
You know you're like, what, yeah, well, we're gonna we're
gonna decide what kind of suits squirrels like to wear.
Speaker 3 (40:50):
That kind of stuff is wacky, But a vast majority
of it goes to you know, cancer and stuff like
that and other stuff.
Speaker 2 (40:58):
But my issue has always been, this wouldn't happen if
it was about you know, there's two genders or marriages
between a man and a woman, or this would just
never have happened.
Speaker 3 (41:14):
You wouldn't have allowed this to go on in your campuses.
So let's recognize that if we can for a second.
Speaker 26 (41:21):
Well, here's what I hear President Trump saying, Harvard is
an overpriced indoctrination mill. There are other schools, but Harvard
is the leader of the pact. The purpose of higher
education is to make you think, not make you feel comfortable.
The purpose of higher education is to teach you a
(41:45):
variety of points of view.
Speaker 13 (41:48):
Harvard doesn't practice that.
Speaker 26 (41:50):
Harvard practices it's faculty in its administration, ideology, conformity, ideology, capture.
Speaker 3 (42:01):
All aboudy there from Louisiana. John Kennedy, He's right, And
that's what I've been saying. It's not about for me,
the anti Semitism.
Speaker 2 (42:14):
I don't like it.
Speaker 3 (42:16):
It's not about threatening. I've always looked at it as
this is about other people have other you know, thoughts,
But to me, it's always been about no other group
on the right, like because here's the perfect example. If
it was Nazis marching on campus.
Speaker 9 (42:44):
For the.
Speaker 3 (42:47):
Destruction of the Jews or the destruction of the zion
State of Israel, the left would lose their mind. But
because you wear a cofie and you're running around and
you're oh, look at us, where you know, palaes dye,
they've turned a blind eye.
Speaker 2 (43:08):
So that's been my huge issue with so much of this.
Speaker 26 (43:14):
And they're from their point of view, they believe in
only certain things and you can't believe in anything else.
For example, they believe in racial quotas well, they're illegal.
Harvard believes in diversity, equity, inclusion, and.
Speaker 2 (43:30):
The right to hurt Jewish people.
Speaker 13 (43:32):
Well that's illegal.
Speaker 26 (43:34):
Now they're entitled to believe what they want, but they're
not entitled to break them all and still get taxpayer money.
Speaker 3 (43:42):
A men, here, here, here, here, John Kennedy again, So
let the battle begin and see where it goes. And
as we always talk about, it's about dollars, ye, it's
about dollars, yo. When you hit people in the pocketbook,
they pay attention. Speaking of that, that's what we're trying
(44:03):
to do with China with tariffs and all of that stuff.
And my question is I still go back to what
exactly is the goals when it comes to tariffs. Is
it to bring you manufacturing back? So what AI can
run it is what exactly is the the end goal
in particular with China.
Speaker 30 (44:24):
China, the President has trying to accomplish a number of
objectives here with these tariffs. He's hoped to rebalance trade
in America's favor. He's hoped to exact concessions from foreign
nations on a variety of issues, including fentanyl trafficking, immigration,
he sought to boost domestic manufacturing, and he sought to
raise revenue for the.
Speaker 2 (44:44):
Treasury, which all sounds great. I mean, all of those
things sound great.
Speaker 3 (44:50):
The fentanyl stuff is, you know, we've got a consumption
problem as much as we have a they're bringing to
here problem. So I mean, we we can look at
this in a way and go okay. But for me,
all of that stuff sounds great. But if we're aiming
it at China, the long term thing is what this
(45:12):
is about global dominance, A global superpower who wants to
be the big dog on the street and build the
world in their image. Should we help them get there?
Because when I hear that.
Speaker 2 (45:33):
We're negotiating with them, or I hear we're doing this
or doing that, I continue to ask the question.
Speaker 3 (45:38):
We know what they want, we know what they want
to be, so why are we dealing with them. At
the height of the Cold War, we wouldn't have been
dealing with the Soviets like this. No, And I'm not
saying we don't deal with them in the future. I'm
just saying while she is there, I just I don't
(45:58):
know what we think we're going to get out out
of it. And the problem with you know, trying to
get you know, balance everything when it comes.
Speaker 2 (46:06):
To trade is our dollar goes a lot further than
everybody everywhere all the time. We have more. We're the
richest nation in the history of ever, so we're always
gonna have trade deficits because we can afford to buy goods.
(46:31):
So then what that's a good question.
Speaker 3 (46:34):
I'm just I'm curious about it, and I don't know
where we stand in the trades are I know there's
been an on and off over the last two days.
Well there was an off temporarily, but it was a
weird where the three panel judges in the Federal Trade
Court in New York said, all right, here's the deal.
(46:55):
You can't use this nineteen seventy seven law, but while
you're healing it, and you've got two weeks to do so,
we're not going to We're going to rule against you
but allow you to continue, which is weird, and then
within less than twenty four hours they'll return that.
Speaker 2 (47:11):
So alas here, we are, alas here. We are be
very interesting to see where this thing finally ends up,
because even with all of the lawsuit says that and
the other, the endgame was never to keep tariffs at
this level. So we'll find out. I don't I couldn't
(47:34):
tell you. I keep thinking, is it going to be?
This is going to be that? I mean, you know,
why are we hitting them? But we want to bring
them to the table. Okay, And I understand some tariffs
because you won't let us sell our goods there, but
you want to sell your goods here. That's fine.
Speaker 3 (47:52):
That I understand, and mostly talking about Europe, but for
a lot of this stuff, it just seemed a little haphaszard.
We'll see what takes placed, kids, We'll see you know
what it will really matter to you when you feel
it in your pocketbook, when you when you when you
go to the store and you go purchase something or
try to and find out that either they don't have it,
(48:14):
or the price has gone up, or if you're a
business owner, that you're having to pay a lot more
to bring it in and put it on your shelf,
and you have to decide, am I going to pass
it off to the customer. I'm going to make less
money or even lose money, so is it worth it?
That's when it really matters. Three two, three, five, three eight,
(48:36):
twenty four to twenty three at Chad Benson Show, is
your ext your inst to all the other things Raycon
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Bye Raycon dot Com slash Chad. This is the Chad
Benson Show. Chad Benson, the relationship seems to be over.
(49:54):
On the outs, we wish him a do. Talk about
Elon Musk no longer with the administration. Now, he was
a special kind of he could only work for so
many days. But let's be real, the shine had worn off,
the reality had set in, the frustration had set in,
(50:15):
and that's it. It's over. It's done. Not a shocker.
Speaker 17 (50:19):
By the way, Elon Musk is done as a special
government employee. The news coming after Musk broke with the
President on his budget bill. Musk concerned about the level
of spending that some estimate could add three point eight
trillion dollars over the next ten years to the deficit,
thanking the president for the opportunity to reduce wasteful spending.
Speaker 3 (50:40):
I'm concerned by that. You should be concerned by that.
We all should be concerned by the wasteful spending because.
Speaker 26 (50:50):
We have what.
Speaker 2 (50:52):
Uh spending problem. That's what we had. And of course
the administration I think Trump realizes, yeah, you know what,
this didn't go the way I wanted it to go.
The attack dogs in and around the administration, well, they're
not happy.
Speaker 31 (51:08):
We're told that senior officials here at the White House
were disappointed by comments from Elon Musk saying that he
was disappointed in the President's spending bill, that it would
increase the deficit and undermine the work of Doge. The
White House insists that must did leave on good terms.
I'm told that he will continue to serve as an
unofficial advisor to the President, even possibly attending meetings here
(51:29):
at the White House in the future.
Speaker 3 (51:31):
Of course, he's going to be around the White House.
He has a lot of big contracts I could see.
I've been saying the frustration level was massive. You could
see it in the interviews. And really what took place
was he spent a lot of money in Wisconsin and
lost that Supreme Court election where his candidate that he
(51:51):
put a ton of money into didn't win, and it
just kind of went sideways. I think he's also exhaust
from the ever.
Speaker 2 (52:05):
Present daily barrage of you're a Nazi, you're the worst
person in the world, you're evil, you're bad, et cetera.
Speaker 3 (52:13):
Three two, three, five, three, eight, twenty four, twenty three
At Chad Benson Show. It's your ex your instaf YouTube, Facebook,
and all the other things that are available to us
out there. If you're missing to this show, make sure
you gredd the podcast right here on the Chad Benson Show.
Speaker 2 (52:31):
So yeah, I mean frustration level, totally get it.
Speaker 3 (52:35):
And the fact is he should be pissed and upset
because nothing's been codified yet for any of these cuts,
and the cuts were minimal at best.
Speaker 2 (52:47):
Coming up, we are going to talk to.
Speaker 3 (52:50):
Zach Abrahm, chivestment Officer Board Capital straight ahead about Elon.
I want to ask him a couple of questions of
what happens from here take away the personal side of
things because Elon is going to be okay, but there
are serious issues with Tesla and I want to get
(53:13):
his take on that, because long before the bad press,
if you will, started coming down on him from the left,
Tesla has been struggling much like Apple has, especially in
a place like China.
Speaker 2 (53:29):
So we'll get Zach's take on that, and we'd love
to hear from us.
Speaker 16 (53:33):
Well.
Speaker 2 (53:34):
I will say, you know, I continue to say this.
I got what I thought I was going to get
out of Dough. And we touched on a little bit
earlier that one of the DOGE employees that was let
go said, Look, the reason they got mad at me
is because I did an interview and in the interview
I said I expect a lot more waste and fraud
(53:57):
and abuse, and there wasn't a ton of it. And
actually the government is far more efficient than you think.
We just have a spending problem and I think we
all know that.
Speaker 3 (54:09):
Coming up straight ahead, Zach came Ram Chief Bestment Officer
Board Capital Joints Program.
Speaker 23 (54:12):
It is the Chad Benson Show, Son, Chad Benson, Joe,
(54:41):
The Chad Benson Show.
Speaker 2 (54:43):
It's Friday, so you know what that means.
Speaker 3 (54:45):
We talked to our good buddy, Zach a Ram, chief
investment officer, a bull Capital friend of show, sponsor of
the show. You know, I look at all of the
stuff that's going on in the investment world, and one
of the things that I don't think people understand and
pay any attention to, and maybe you can and elaborate
on this sec is for all the stuff and talk
about volatility, this debt. And the other one place that's
(55:06):
boring yet needs to be paid attention to is the
bond market.
Speaker 2 (55:11):
Why in God's name do we need to pay attention
to that?
Speaker 7 (55:15):
First of all, every asset you see at the bottom
of that is debt underlying debt. We talk about banks capitalization,
right if bonds remember what happened in twenty twenty three, right,
a Silicon Valley bank failing. What do you think banks
have on all their balance sheets, all their capitals is
the vast majority of the store in US treasuries, Right,
(55:35):
So those US treasuries start getting hit, the bank's got
a problem. The other side of it is this, you're
the world reserve currency, the most widely owned asset in
the world, or assets in the world, or US bonds
and US dollars if you have foreign holders starting to
see that there is going to be higher rates in
the US, which means losses on long duration bonds.
Speaker 2 (55:57):
On top of it, you've got this place now where.
Speaker 7 (56:00):
The United States, the S and P five hundreds trading
right around thirty times earnings if you factor in stock compensation,
which I think it's an absolute crime that stock compensation
isn't isn't accounted for like regular payroll. But it's a
little loophole, and virtually all these big tech companies are
doing it, and other companies are doing it too. But anyway,
it inflates your earnings. It makes your earnings look artificially
(56:23):
higher than they are, and it makes your stock looks
makes it look like there's an artificially low amount of
shares outstanding. Bottom line, it pushes your pe ratio down
and makes your stock look more affordable. Right, so you
pull that out, realistically, you're probably trading at the between
thirty five and forty times earnings, So you're right up there,
(56:44):
getting close to dot com bubble type eyes right on
the S and P pipe utter. The other crazy stat
the United States economy makes up twenty percent of the
global economy twenty to twenty five depending on how your
who you're listening to, and how they tabulate it. But
our stock market makes up seven twenty percent of global
stock market valuations. Okay, that is nowhere close to normal.
(57:05):
Typically we'd be around like forty forty five. Okay, so
you're almost double that amount. And no country in the world,
no singular market in the world, has ever gotten close
to that. The reason you got there is because coming
out of the financial crisis, there was only one country
in the world. China did a lot of stimulus too,
but they have a close capital account, so you got to.
Speaker 2 (57:25):
Look at them differently.
Speaker 7 (57:26):
But there's really only one country in the world that
could stimulate its way out of that issue because they
didn't have to worry about their currency value, right, That
was the United States. Meanwhile, think back to the think
back to the European debt crisis. Remember Mario Droggy back
in twenty eleven, whatever it takes, right, what was happened.
The Euro was getting pounded. Nobody wanted to own eurobonds.
So over the last fifteen years, the way the US
(57:48):
market has gotten so overinflated is because again it was
the only one that could print Whenever you hear about
a government or a central bank printing or issuing fiscal stimulus.
That is the equivalent of a restaurant ringing a bell
and saying free food. Okay, all the kids in the
neighborhood are going to flock there, right, All the capital
is going to flow to that economy. Well, that has
(58:09):
gone on for fifteen years, So every other market in
the world has become like a roach motel. There's nobody there,
and whoever's there, they don't have the exit liquidity to
get out. Right, These markets have been just starved a capital.
Everybody in the country is dumped in there, and or
excuse me, everybody in the world is dumped in there.
If you're a if you're an asset manager running an
(58:29):
equity fund anywhere in the world, and you haven't been
primarily in US assets, you're probably not a money manager anymore. Right,
You probably had all your clients pull their money. Everything
was driving money in and one of the biggest things
that was driving money in Chad was the fact that
a lot of these international investors weren't worried about valuations
because they were more concerned about their own currency value. Right, Meaning,
(58:52):
let's say I'm in Taiwan, Okay, and I throw a
chunk of dough into the US market and the SMP
drops twenty percent. Let's say the Taiwanese currency depreciates thirty
percent against the dollar, which that's not an abnormal move
in a period of crisis. Or you know when markets
dropped twenty percent. If your US based stock stop drop
(59:15):
twenty percent, but your local currency devalues thirty percent against
the dollar, you're effectively up ten. Even when their US
assets got hit, typically the dollar stored in value and
on a local currency basis, they were coming out ahead anyway. Okay,
what's happening now? It's the exact inverse. Now you have
the impetus and you have the need because of heightened
(59:36):
trade wars, global geopolitical tensions. It's not just all the tariffs.
This was going to happen anyway, which is why we
were getting into international equities going into this year. But
now you have reasons for money to start leaving. What
have you also seen lately? The dollar index broke the
one hundred dollars level, right, so it's down to ninety
nine and change. Now, all of those factors that were
(59:58):
driving all of this capital to the US for fifteen years.
I don't want to say that they've reversed. The wind
is no longer in the sale last ship period. What
we think you're going to continue to see is I
think you're going to continue to see US markets struggle,
and it could be for an extended period of time,
because every time you see a rip, you see people
selling into that rip and moving more money offshore, and
(01:00:21):
they're going to keep doing it.
Speaker 4 (01:00:22):
They have to.
Speaker 2 (01:00:23):
We think the uptrend in the dollar is over.
Speaker 7 (01:00:25):
So when was the last time international investors were worried
about currency issues in the United States? When when was
the last time anybody around the world was worried about
their dollar denominated assets. It hasn't been in my lifetime.
What people need to understand is international investors have to
start moving money out.
Speaker 28 (01:00:45):
They have to.
Speaker 7 (01:00:46):
Foreign central banks have to get they have to diversify
their dollar exposure.
Speaker 4 (01:00:52):
They have to.
Speaker 7 (01:00:53):
I just think that you're really up against it, and
I think American investors don't really understand what's been driving
equity prices for the last fifteen years, and they're certainly.
Speaker 3 (01:01:02):
Not aware that those factors buy and large are gone.
Talking to Zach Abrahm, chievestment Officer Boward Capital. I want
to talk about one company, Apple, Apple's getting its ass
handed to it by the Chinese, and Cook has some
serious issues because it's not just the tariffs or the
threat of that or removing stuff. The fact is that
(01:01:23):
they're losing market share and in a huge place like China,
but they're also losing it here. The luster seems to
be off Apple, and that is a scary thing because
so many people have Apple.
Speaker 7 (01:01:35):
The growth that Cook promised was coming from the services sector,
even services missed in the last quarter. Okay, not only
has the shine come off Apple, but it's trading it
double the valuation that it averaged all the way up
right when it was growing twenty percent a year, third
twenty five percent a year. The stock was trained at
(01:01:55):
eighteen times earnings. You're now at thirty three and the
growth is dead. Here's another one that's going to blow
people minds. I don't even think people are aware of this.
Google in last year out that produced more revenue than Apple,
double the profit margins and more profit. That blows people's minds.
Everybody's like, oh, Google's a smaller company, Apples the king. No,
they're not here's another one that'll blow your mind. Do
(01:02:17):
you know that over the last two years, Apple has
lost markets markets share? Two drum roll, Google Pixel the
Pixel phone has stolen market share for the last two
years and their sales are going up. Nothing crazy again,
not crazy, but there When have you heard that anywhere?
(01:02:38):
Is anyone talking about that? And why is that such
a big deal? Apple is one product. It's it that
they're one product. Okay, And here's the thing. Most of
us own iPhone, so we don't really know. Go try
a Google Pixel or even a Samsung. They smoke Apple.
It's not even close. There's been no innovation in these phones.
(01:03:01):
Cook hasn't innovated anything. The best thing he's brought is
the AirPod.
Speaker 8 (01:03:05):
That's it.
Speaker 7 (01:03:06):
If you look at Apple's innovation, they have become exactly
what Steve Jobs hates. None of their innovation is aimed
at making better products. It's aimed at trapping you on
the platform. And it never works. You don't coerce consumers.
It's never It's never been a good strategy over the
long run, eventually another option comes out. But more and more,
(01:03:26):
I think you're just seeing people starting to wake up.
I mean, it's like their virtual reality headset. That came
up right, So Medow puts out the oculus for six
hundred bucks and it was phenomenal, bang for the buck. Okay,
Apple launches their VR headset for twenty five hundred.
Speaker 8 (01:03:40):
Yeah, and it was trash.
Speaker 7 (01:03:42):
Steve Jobs never would have let it out, you know,
let it onto a shelf. It was garbage. Unless they
returned to double digit revenue growth, which they're still declining
at five percent. There's no way they can support that
price over the long run. It's just way too expensive.
Then you start comping them. Remember I told you Google,
higher profit, double the margins, higher revenue, way more revenue streams.
(01:04:06):
They're launching way Mo YouTube, Google, Google Pixels coming on.
Google has a chip business. They're making chips that are
kicking butt. They're big players in the AI space.
Speaker 2 (01:04:16):
Go look at Google.
Speaker 7 (01:04:18):
Right, all that being, Google's growing at thirteen and a
half percent, Apple at five. Google's trading at eighteen times earnings,
Apples at thirty three. And I'm not telling you to
go buy Google. What I'm telling you is, guys, you
gotta pair back your Apple exposure. If you don't know
how to do that without racking up a bunch of
cap gains, or if you need to do it over time,
contact somebody like us.
Speaker 2 (01:04:37):
We can help you out.
Speaker 7 (01:04:38):
You don't need to sell it all. But no portfolio
should be twenty five to forty percent in a single stock.
It's just a horrible idea.
Speaker 3 (01:04:45):
Talking to Zach Abraham, chivestment officer, Boat Capital. Last question,
how does Elon repair all of this? I think when
he got into this it was exciting, but you know,
a he's frustrated. He realized, oh my god, bureaucracy and
the evil that is the courts, the way that the
unions have positioned things, the way they've been voted in
the lobbyist and uh, it was it's huge and all
(01:05:08):
the while my companies have taken a beating, my name
has taken a beating.
Speaker 2 (01:05:12):
I got to build this thing back up. How does
he do it?
Speaker 7 (01:05:15):
On the business side, Tesla's in a tough spot. Everybody
is pretending like this has to do with Elon's involvement
in DOGE. Go back and look at January and February numbers.
Go back and look at fourth quarter numbers from last year.
Tesla's sales in Europe were down fifty percent.
Speaker 2 (01:05:32):
Fifty.
Speaker 7 (01:05:33):
Okay, what is happening to Tesla is about one other company.
It's BYD yep, the Chinese EV maker. That's what this
is all about.
Speaker 26 (01:05:43):
I don't know.
Speaker 7 (01:05:44):
He look for Tesla to be able to maintain, let
alone go up here. You want to talk about an
expensive stock man one point two trillion dollar market cap,
and their revenue is getting smoked, and those numbers are
going to continue to look worse because BYD just cut
their prices by thirty percent just recently. On top they
(01:06:06):
were already half Tesla's cost. Right, so you go buy
a BYD car, you can get a three hundred or
you can get a three hundred mile charge in five minutes.
You've got substantially better looking interiors. You can get all
that for like fifty percent of what a Model three costs.
So they're just they're eating Tesla's lunch. So look, he's
(01:06:27):
for Tesla not to be in a really bad spot,
and I'm talking like taking an eighty percent drop from here.
They've got to they've got to get robotaxis out there,
and they got to get them out fast. Only problem
is they're still behind on full self driving technology. So
WEIMO is just sucking that market up. Another company that's
owned by Google. Yep, Weimo right now owns one hundred
(01:06:50):
percent of robotaxes. Right, and then here's kind of the
difference in the tech. This will This will tell you
one of the problems that Tesla's up against. Tesla has
to have drivers on standby that are prepared to take
over the robo the robotaxis manually themselves. Waimo's technology is
(01:07:10):
to a point where they don't need that, right, So
that kind of tells you the technological gap between the two.
So bottom line, man, he's he's got to figure out
how to take a big chunk of market share away
from Waimo and the other BYD is going to launch
He BYD's gonna launch robotaxis too. Like, think about it,
(01:07:30):
they're robotaxis. The cars cost half as much, so it's
going to be way easier for them to scale that business.
Speaker 30 (01:07:37):
Right.
Speaker 7 (01:07:38):
Weaimo partners with other car manufacturers, so they don't they
don't take one hundred percent.
Speaker 2 (01:07:42):
Of that hit.
Speaker 7 (01:07:43):
Right, he needs to launch robots and he needs to get.
Speaker 2 (01:07:48):
Robotaxis going or Tesla's in big trouble. Talking sec hedy,
Ma'm chief bestment Officer, Board Capital. I people want to
reach out to you, They want to get a second opinion.
What do they do?
Speaker 7 (01:07:55):
I go to Boardcapitalmanagement dot com or listen to our
daily show. Try to keep it between thirty to forty
five minutes at the longest daily dots. We discuss everything
politically and financially that happens in markets or that affects
the economy. So not too tough to find. Yeah, if
you just know your risks podcast Bulwark Capital.
Speaker 2 (01:08:13):
Not tough to find. Good to talk to your brother.
You have a good we'll do it next week. All right,
sounds good. Thanks for having me.
Speaker 3 (01:08:18):
Investment ofvindsor reservice sofa there, Trick Financial LLC and sec
Register Investment a viser. Investments of all risks not a
guarantee and past performance is not guarantee future results. Teck
two five two one seven at Chad Benson Show is
your instant, your ex and all of the other goodies there.
Speaking of money, how would you like to make some
with Prize Picks? Simple and easy to do. First thing
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Speaker 2 (01:08:52):
That is awesome, So Prize Picks download the app. Use
my code, Chad. I'm gonna tell you how you get
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you play your lineup. Now, what is a lineup?
Speaker 3 (01:09:03):
You set a lineup based not on teams, but players,
based on things like rebounds, home runs, hits, goals, things
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It's that simple. That's how easy Prize Picks is. It's
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You can do it quick. So what are you waiting for?
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Claim that fifty dollars bonus when you play your first
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Prize Picks run your game. That Chat Benson Show is
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Speaker 1 (01:09:51):
Fronting with Scissors sounds great compared.
Speaker 8 (01:09:54):
To this same college.
Speaker 3 (01:09:56):
Kids are graduating everywhere you played some of that wacky
crazy stuff we've heard this week, you know, where people.
Speaker 2 (01:10:03):
Are graduating with all kinds of wacky degrees. This guy, right,
he's got it masters by the sounds of it in something.
Speaker 32 (01:10:14):
They I'm graduating from Columbia with an MFA and acting.
I did acting in high school, but I thought I
wanted to do medicine. But you know, things went a
little different than I thought. And so the program I
was in talk to us about like master's in acting,
and I thought it sounded really cool, so auditioned, and three.
Speaker 9 (01:10:34):
Years later, here we are.
Speaker 13 (01:10:35):
What kind of job can you get when you graduate?
Speaker 9 (01:10:38):
Well? Hopefully acting?
Speaker 2 (01:10:39):
I like how we asked that question. You guys want
to hear that again.
Speaker 13 (01:10:42):
What kind of job can you get when you graduate?
Speaker 9 (01:10:44):
Well? Hopefully acting? You know that is kind of it's
a professional degree, like very much catered to that. So yeah, acting,
how much could you make in this field? The luck, unfortunately,
is a really big part.
Speaker 32 (01:10:58):
So you know, maybe he you hopping to break super big,
like then you know you'd be making a lot, or maybe.
Speaker 9 (01:11:05):
It'll take a little bit, you know, So it's a
little tough to say.
Speaker 2 (01:11:08):
Good times right there an MFA that is Masters of
Fine Arts. I have a master sut in fine Arts.
I'm very AATSI, as you should know. Trying to stop
me from being AAZI would be silly because I have
(01:11:30):
mastered the fine arts. I okay, you have a degree
in fine arts.
Speaker 9 (01:11:40):
I don't.
Speaker 3 (01:11:41):
You either can or can't when it comes to acting.
And I always say this about acting, of all of
the arts, the easiest. How many times have you seen
great actors become rock stars or athletes?
Speaker 2 (01:11:56):
How many times seen athletes pull off acting or musicians
pull off acting?
Speaker 4 (01:12:04):
A lot?
Speaker 2 (01:12:05):
So I don't want it to mean you, but artificial
intelligence oh three, two, three, five, three, eight, twenty four
to twenty three at Chad Benson Show is your extra
instant all of the other things right here on the
Chad Benson Show coming up the last hour of this week.
A lot of good stuff still to get to.
Speaker 3 (01:12:27):
Got some of your Finally Friday Sounds a little what's trending,
and our buddy Jim Kennedy is going to join the program.
We're going to talk about a lot of different things
because that's what we do kids, that's who we are.
Speaker 2 (01:12:40):
That's what we're about.
Speaker 3 (01:12:41):
It's got some interesting takes on Congress, which always gets
left out when wherever we have any of these discussions
when it comes to.
Speaker 2 (01:12:52):
Doge and immigration and everything else.
Speaker 3 (01:12:55):
Talk to him about that. You missity of the show.
We always say, Sherrymon, you grab the podcast. It is
the Chad Benson Show.
Speaker 1 (01:13:04):
This is the Chad Benson Show, The Chad Benson Show.
Speaker 2 (01:13:33):
Young mister Doosey was at the White House asking questions
as he does, and he asked a question that people
should be asking on a daily basis about not the
administration but Congress, which is, hey, why aren't you guys
(01:13:57):
making laws instead? You leave it up to this guy
to do executive orders and you hope it works.
Speaker 33 (01:14:02):
So the courts are basically telling you, guys, they think
that the White House's policies, the President's policies.
Speaker 9 (01:14:07):
Are in some way against the law.
Speaker 33 (01:14:09):
So why can't President Trump ask the Republicans to control
the House and the Republicans the control Senate just to
make a new law.
Speaker 12 (01:14:19):
Well, these laws have already been granted to the president
by the Constitution and by laws that have been previously passed.
Speaker 3 (01:14:26):
Now, not all the ones that he's trying to roll
out with not everything, some things, yes, but it's not
about that because if you're executive okay, well it's been
passed on it, all right, So he does it through
executive order.
Speaker 9 (01:14:40):
You know what that means.
Speaker 2 (01:14:41):
It doesn't get codified.
Speaker 3 (01:14:43):
So by the pen, by the pen, meaning by the
pen you do this, and by the pen it is undone.
Speaker 13 (01:14:52):
So I'll give you another example.
Speaker 12 (01:14:53):
For instance, we've been blocked in court for the revocation
of visas from individuals who have the pri village of
studying in the United States of America. Secretary of State
Rubio has simply used his authority to revoke us is,
to revoke that privilege.
Speaker 13 (01:15:07):
We've seen the courts try to block that.
Speaker 12 (01:15:09):
So if these judges want to be the Secretary of
State or they want to be the president, they can
run for office themselves.
Speaker 13 (01:15:14):
It should be the other way around.
Speaker 12 (01:15:15):
But all of the actions the president has taken rely
on legal authorities that have already been granted to him
by our nation's existing laws.
Speaker 2 (01:15:23):
So what they're doing three executive orders. So what does
that mean. It means it gets undone.
Speaker 8 (01:15:27):
It simple is that.
Speaker 3 (01:15:30):
You know, with Elon bouncing, he's pissed. The end of
the day, we're spending more money. They can blow smoke
all day and say.
Speaker 2 (01:15:41):
Is this acta gon rid? The Congressional Budget Office is
a bunch of liars.
Speaker 9 (01:15:45):
It's not.
Speaker 3 (01:15:46):
You're not asking for the debt ceiling to be raised
five billion dollars because you think everything is going to
be perfect.
Speaker 2 (01:15:54):
This is just in case. No, you're going to spend more.
We figured it out. Yes, spend more, but the cuts
that are in there, you're not even codifying, you're just hoping. Eh.
Speaker 8 (01:16:07):
This is the issue.
Speaker 2 (01:16:09):
The issue, in so many ways is Congress. Congress doesn't
do their job. Congress fails to meet the moment. Congress
doesn't want their name on anything. They don't because if
(01:16:30):
it's there, and it's on there and oh my god,
it doesn't go right. Well, you know what, tough.
Speaker 3 (01:16:39):
Doocey's right, Why isn't he Well, he's got the right
to do this. Okay, Well, the courts are telling him no,
not in every case, but in some cases. So why
aren't you telling Congress, hey, do your job. Because Congress
loves the fact that Trump does these things because they
(01:17:05):
don't have to. They don't have to do any of
these things.
Speaker 2 (01:17:10):
Loves the fact that Congress goes out and says we're
with you one hundred and twenty five percent, sir.
Speaker 3 (01:17:19):
And they're like, well, you guys are gonna have to
codify it. Oh, I don't know if I could do that,
And then they find some reason not to do it,
because when you put your name on something, it's a
big deal. Our nation was started by people putting their
names on something that the minute they did that, they
became outlaws, where if they were caught, the outcome was death.
(01:17:49):
And for some of these people, their outcome wouldn't be death,
but it would be death of their political career.
Speaker 2 (01:17:54):
So they hoped that Trump magically can lead them where
they need to go through executive order. Oh yeah. Meanwhile,
Texas is getting rid of THCHC and it was interesting
Dan Patrick, not the sports guy, lieutenant governor, cooty toos,
(01:18:17):
gooty tooths, goody goody too shoes. Uh, he.
Speaker 3 (01:18:23):
Is really about this getting rid of the THHC and
held this press conference that was again, everything's gonna kill you.
Everything's awful, everything's bad. You guys know, I'm a teetotaler.
I don't drink it, don't smoke and don't do drugs.
Speaker 8 (01:18:39):
What do you do?
Speaker 3 (01:18:42):
Probably have too many donuts every once in a while, right,
curse a little bit too much. It's never been my jam.
But I don't care if you do it. You're an adult.
But what about the kids? Oh, so you promised that
kids won't be a part of any of this.
Speaker 2 (01:18:56):
Do you promise that? I would like to promise.
Speaker 3 (01:19:00):
Here was his press conference yesterday, and we'll get to
the interesting part of it. When the reporter asked a question,
this one, this.
Speaker 34 (01:19:09):
Little bag of Jelly's mango peaks ninety dollars for a bag,
Send you sky high.
Speaker 13 (01:19:15):
No one knows what's in any of this.
Speaker 34 (01:19:17):
This is why we passed that at Bill three. The
eight thousand shops have been put in Texas in the
last three years, many of them, many of them without permits,
selling this to their kids to destroy their kids. Does
anyone want to try any of this? Would you buy
anything off the shelf that you didn't know what was
(01:19:39):
in it that could change your whole.
Speaker 4 (01:19:42):
Mental state for the rest of your life?
Speaker 9 (01:19:44):
Would you want that?
Speaker 2 (01:19:45):
Anybody want this bag?
Speaker 33 (01:19:46):
Okay, you want it?
Speaker 34 (01:19:48):
These are bad actors. These are people who want to
kill your kids, and they don't give a damn. So
we'll fight this all the way. But that's why we're
here today. This might be the most important bill we
passed the session.
Speaker 2 (01:20:06):
So you're here to save us from ourselves. Let adults
be adults. No, it's for the kids. It's for the kids.
It's for the kids. It's for the kids. We're saving
the kids. We're saving adults, we're saving everybody. We're here
not just for the kids, for everybody. Save Save Safe, Safe, Save, Save, Save,
settle down.
Speaker 3 (01:20:27):
What do you think it's gonna think? It's like, Ah,
they banned it, so it's gonna go underground. No, No,
they bann it. Nobody's gonna do it anymore. The kids
aren't gonna do it. Nobody's gonna they said no. Would
you buy anything off the shelf?
Speaker 2 (01:20:42):
You don't know what's in it?
Speaker 8 (01:20:43):
Every day.
Speaker 2 (01:20:47):
I can't tell you what ninety nine percent Go read
the back of something, Go what the hell is that?
I don't know.
Speaker 3 (01:20:57):
Are you gonna allow drinking to continue out of curiosity
and allow people to smoke.
Speaker 2 (01:21:04):
Those killed two or what are you gonna do?
Speaker 9 (01:21:06):
Well?
Speaker 2 (01:21:06):
These people are gonna take gummies and they may be high.
Speaker 3 (01:21:12):
Okay, Now, in fairness, they expanded the medical marijuana in this.
Speaker 2 (01:21:19):
Which you know has vapes and certain things like that.
But still the hubris of I'm doing this because I'm
a good person and this is what I know is best.
Speaker 7 (01:21:33):
Now.
Speaker 2 (01:21:33):
In saying all of that, Dan Patrick then went on
to answer this question again, who is this about. It's
about the kidser the adults, about both more saving everybody.
Speaker 13 (01:21:44):
I understand wanting to protect children, but you have grown
adults or using these products too. Is there a way
to do this where grown adults could still have access.
Speaker 8 (01:21:53):
To these products?
Speaker 21 (01:21:54):
We don't want adults having this either.
Speaker 35 (01:21:56):
Are you crazy? You want to go holding to back tonight?
See if you're here tomorrow. This is what we focus
on kids because that's where they built the shops. But
adults are buying this stuff too, Make no mistake. We
want to protect the twenty and the thirty and forty
and the fifty year old too. We don't want anybody
buying anything off the shop. They could kill them or
(01:22:16):
ruin their mental state for the rest of their life.
The young man, it was twenty two. There's something in
front of a train. After you ate some of this jump,
he wasn't a kid, he was an adult. That's crazy talk.
That's the kind of talk the reason why we're here.
Media that would say something as.
Speaker 16 (01:22:34):
Stupid as that.
Speaker 3 (01:22:36):
Okay, it wasn't stupid. It was a fair question as
an adult. Why you can't have personal responsibility off my own?
Why do you have to nanny state me? I thought
the beauty of Texas is you were not nanny staters.
Just I'm curious, sir, do you want to eat ey
of this now? But I don't do drugs, But I
don't care if my neighbor does.
Speaker 2 (01:22:58):
I don't care. I don't see the difference. If he
wants to eat an Addi bowl and chill inside of
his head, well he's not get a child in side
of his house. He's gonna eat this whole bag and
then walk in front of a train. Well, he's a dumbass.
Speaker 8 (01:23:15):
It's you know.
Speaker 2 (01:23:17):
I oh, that there's the rights virtue signaling right there
gives me a headache, Sweet mother of John, it gives
me a headache. We'll see, we'll see what happens with this.
Speaker 3 (01:23:32):
And again, you know, mister Lieutenant Governor Dean Patrick's her
you do promise that kids will never have any access
to this, and kids can't get the ney of this
stuff on the street, and then it won't go underground,
and then people then will will you know this will
just be gone outside of the medical marijuana.
Speaker 2 (01:23:48):
You promise this that you can't promise us that, well,
then what are we doing. We're protecting you from you?
Speaker 7 (01:23:54):
Thank you?
Speaker 2 (01:23:55):
Three two, three, five, three eight, twenty four, twenty three
at Chad Menson Show is extra instant.
Speaker 3 (01:24:00):
All of the other things. Love hearing from everybody. I
know I'm gonna get. I always get people who this
self righteousness about it. And again, I don't do drugs,
and I don't drink, and I don't do any of that.
I've never had a drink in my life. I never
smoked a cigarette. I've never done a drug.
Speaker 2 (01:24:22):
But as an adult idol, this is that super uber
libertarian to me, do whatever you need to do, saunt
you're not hurting somebody else. Well, it's easy to say,
we're not banning cigarettes, we're not banning alcohol, so you
know what's going on, Well, we need to save you
from you. No, you don't.
Speaker 3 (01:24:41):
You don't need to save me from me, because if
you really cared that much, we wouldn't have burger stands
every twenty yards, taco stands, junk food. If you really cared, you.
Speaker 2 (01:24:59):
Just want to signal three two, three, five, three eight,
twenty four twenty three at Chid Benson shown your ex
chance and all the other things.
Speaker 3 (01:25:07):
More capital, no virtual signaling here, just the best talk
to every buddy, Zach Abramsch investment Officer, last hour. Why
don't you get a second opinion with bullwork Capital today?
Does it cost you things a little bit of time
and you can sign up today to get that second
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You're going to know your risk podcast dot com and
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two one seven. What's trending?
Speaker 2 (01:26:16):
Straight Ahead Chad Benson Show.
Speaker 1 (01:26:30):
Chad Benson.
Speaker 2 (01:26:31):
Now it's time to find out what's trending.
Speaker 8 (01:26:34):
What's trending?
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Sign James Dean, Norway, Oman, Pakistan, Qatar, Russia, ser.
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What trading?
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That's while I was trending on this a Friday short
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Speaker 3 (01:27:08):
Taco still trending if you got to check out our
live last night on the old YouTube and whatnot.
Speaker 2 (01:27:18):
So it's a little debate.
Speaker 3 (01:27:21):
About whether or not this is a real trending thing
or the media is pushing this. But Trump always chickens out.
Is the acronym Taco is the academ they're using for
that Elon Hawaii Nixon seven Congress, Congress, Larry Hoover, Gangster
script spelling, Bee, Women's College World Series, Sidney Sweeney.
Speaker 2 (01:27:52):
And Tariffs. All things trending in the magic world of Twitter.
Over to Yahoo, Julie Chrisley, The Commanders, Larry Hoover, Rush,
Ukraine War, Women's College World series.
Speaker 3 (01:28:08):
Shakira Shakira Shakira. Earlier concert was canceled just a few
hours before showtime. Script spelling beat also trending, And over
to Google Sydney Sweeney. Who's that actress? She's making soap
(01:28:33):
out of her used bathwater. I think that's all you
need to know about that. Bernard Krick has passed away.
He was a police commissioner. He ran basically NYPD on
nine to eleven. He's passed away. At a sixty nine Netflix,
Hunter Schaeffer, Women's College World Series, Ferizon, Saki three, two, three, five,
(01:28:55):
three eight, twenty four, twenty three At Chad Benson Show,
is your ex, your Insta, YouTube, Facebook, and many other
things missing the show. Make sure you've read the podcast
right here. On The Chad Benson Show, Eddie Murphy and
Martin Lawrence are in laws now. Eddie Murphy's son married
(01:29:15):
Martin Lawrence's daughter. What I know right, Tiki Palmer, Chris Saylee,
It's baseball player, all things trending in the magical world of.
Speaker 2 (01:29:29):
Google. Speaking of the script spelling Bee, we have a winner,
and this is the word and the moment.
Speaker 21 (01:29:37):
Your word is a clar.
Speaker 22 (01:29:39):
Cy small A clarc small e c l A I
R c I S s E M e n t eficial.
Speaker 13 (01:29:51):
That is correct.
Speaker 2 (01:29:59):
You've wanted listening to the guy goes are your word is.
Speaker 34 (01:30:03):
A c.
Speaker 2 (01:30:08):
See he's trying to figure out how to say the
damn thing as he reads it. Eh, Claire, can I
use it in a sense? Yeah, A Claire? Is he small?
Is a hard word to spell? Yes, it is, Chad,
Yes it is. So if you want to know self,
what the hell is a care si sma. I don't
(01:30:30):
think I said it right. I don't even say it right.
What does it actually mean?
Speaker 11 (01:30:32):
Though?
Speaker 2 (01:30:33):
So clearing up of something obscure? It's French. So there
you go.
Speaker 3 (01:30:38):
Now you know what that word means that you'll never
use or learn how to spell. If you're missing the show,
shame on you. Grab the podcast.
Speaker 2 (01:30:48):
Coming up every Buddy, Jim Kennedy Kennedy Institute of Public
Policy Research is going to join the program. I'm going
to talk a little bit about Congress, the Doge, a
bunch of other stuff.
Speaker 23 (01:30:56):
It is the Chad Benson Show, Chad Benson, Joe, the
(01:31:21):
Chad Benson Show.
Speaker 8 (01:31:24):
It's Friday.
Speaker 2 (01:31:25):
I mean, it's talk to our good buddy, Jim Kennedy
Kennedy Institute Public Policy Research. As we talk about politics,
pop culture and all this stuff, Jim and hit you
out of the gate. The krizlies are free. What do
you make of it?
Speaker 4 (01:31:38):
It's the bread and the circuses and the Romans.
Speaker 37 (01:31:41):
I guess it's Trump's doing this to get you to
look over here rather than look over there for what
other various things, whether it's a tariffs or the big
beautiful bill that may not be a big beautiful bill.
I don't quite understand this. I don't exactly know how
harshy they were treated. I actually had watched that show
once or twice years ago and didn't quite realize I heard.
Speaker 4 (01:32:00):
Something about them, but didn't know.
Speaker 37 (01:32:01):
I didn't put the two and two together that that
was that was the same people, and the whole thing
is just ridiculus.
Speaker 4 (01:32:07):
I mean, but to me, I just instantly go to
the Mark Rich Pardons.
Speaker 37 (01:32:09):
If you remember those under the Clinton administration, wife had
basically the very you know, the very attractive, you know,
middle aged wife had raised millions of dollars for the Clintons,
and I think she raised them for the Clinton Foundation
because it was towards when they were heading.
Speaker 4 (01:32:25):
Out of office, and I think of the same thing.
Speaker 37 (01:32:28):
Other than I think they probably had more money available
to the riches than they did to these people.
Speaker 4 (01:32:32):
You know, you just have to wonder.
Speaker 37 (01:32:34):
To me, it doesn't set a good principle, It doesn't
set a good look. You're trying to basically be the
law and order Clinton at least, you know, Clinton wasn't
really running on law and order quite as.
Speaker 4 (01:32:43):
Much as Trump is.
Speaker 37 (01:32:44):
So I think it's the wrong optics completely. I don't
think there's a whole lot of people that think that
they were that he was unjustly judged or are convicted,
and it just looks like someone paid for a part,
and it just isn't a good look, and it's not
the kind of thing that they need, because again, it's
one of these things where it's a self foul. You
screwed this thing up yourself, wasn't something else, it wasn't
(01:33:08):
strange circumstances, or you got a flukey thing that turned
out you did this, you didn't have to do it,
or better yet, just wait until the end of the administration,
or wait till the end of the year when there's
less people have eyes on this thing and it can
kind of slip through because there are oftentimes there are
annual pardons. But optically for the administration, it would have
been a much better win, and it well looked a
(01:33:28):
lot less. They just basically package it together with one
hundred and twenty five other pardon on December twenty seven.
Speaker 3 (01:33:34):
Times You Kennedy Kennedy Instute Public Policy Research. We talk
every Friday about stuff politics and whatnot. Jim, I'm gonna
be honest with you. Didn't think the DODS was going
to cut two trillion dollars. I got what I wanted
out of it because it exposed the insanity of the bureaucracy.
But if we're just looking at the numbers, this was
a fail.
Speaker 4 (01:33:53):
I have to agree, because the numbers certainly don't add
up to what we thought it was. I mean, yeah,
I agree with you. There was not going to be
two trillion dollars in fraud leaks.
Speaker 37 (01:34:00):
In some ways, I really hoped there wasn't because man,
that would be really bad that we really had that
kind of waste and fraud going on, and we really
had people that were that incompetent. But yeah, I thought
there would be though five hundred billion. I would not
have been surprised to find that kind of waste in there.
The important part is a lot of this stuff isn't
being codified.
Speaker 4 (01:34:17):
Because some of it is.
Speaker 37 (01:34:18):
Government legislation is required to basically actually do these changes,
like the whole Department of Education thing. Trump can say
I'm going to dissolve it, but it takes government legislation
to actually dissolve it because it was creation was an
Act of Congress, and Congress has the power to create it.
Congress has the power to remove it. But they're not
doing it. From what I see, it doesn't seem like
they're really moving any legislation. I brought some legislation up
(01:34:41):
that that people thought was going to be back in
February or March, but I haven't seen anything, and there
certainly hasn't been Trump hasn't been out there, you know,
you know, trumpeting it saying that we're moving this piece,
you know, moving hb blah blah blah through that is
basically going to be the legislation that will you know,
effectively give Congress to power to eliminate the Department of
Education after I've asked them to do so.
Speaker 4 (01:35:03):
So we're not getting that. We knew a lot of
that money wasn't just going to go away.
Speaker 37 (01:35:07):
It was going to be basically strewn out to other
departments to hand out.
Speaker 4 (01:35:11):
So it wasn't like they're going to be saving all
that money. But yeah, so far, I'm I'm fairly disappointed.
Speaker 37 (01:35:15):
I'm not sure that that elon is exactly although thrilled
for the time and effort he's put into it, because
it's kind of like, well, I did all this work, guys,
and I found that there's fraud, and you guys aren't
really doing anything. They basically kind of basically, you know,
put us on paper so that we can basically get
rid of it and move forward with a slightly smaller government.
Speaker 17 (01:35:34):
No.
Speaker 3 (01:35:35):
Talking to Jim Kennedy Kennedy and student of Public Policy Research,
I agree. And the sacrifice that he made, the beating
he took for it to find out that you're saving
at best one hundred thirty to maybe one hundred and
forty billion dollars was very I mean it wasn't worth it.
(01:36:00):
I mean, we'd like to find out that there was
a bunch of stuff out there that we could cut,
because I think what we learned from this most of.
Speaker 2 (01:36:06):
All, is we spend too much f and money.
Speaker 37 (01:36:10):
Well, yeah, I mean we're up about fifty we're forty
percent from twenty nineteen. A lot of that was COVID spending.
But the problem is that COVID spending didn't.
Speaker 4 (01:36:19):
Go away when COVID went away.
Speaker 37 (01:36:21):
And yes, I know, there's still a vaccine and there's
still COVID out there, and unfortunately you can still get
COVID and it can still probably kill you. But as
for the most part, we don't you know, we're not
washing our groceries anymore. We're not you know, one hundredercent
of people aren't wearing masks everywhere. We're not having limits
how many people. I mean, COVID, for the you know,
is now more of a treatable disease and it is
a pandemic.
Speaker 4 (01:36:41):
But all of that spending has not gone away.
Speaker 37 (01:36:43):
That money is still there, and we haven't obviously raised
the tax base enough and that's why we've got a
two trillion dollar deficit. We had it to two trillion
dollar deficit under Biden, We're going to probably have another
two trillion dollar or worse deficit.
Speaker 4 (01:36:57):
And this is not sustainable.
Speaker 9 (01:36:58):
I don't know what.
Speaker 4 (01:37:00):
I don't know what it takes to get people to understand.
Speaker 37 (01:37:02):
I mean, is it to the point where we have
to start saying, look, okay, we have twelve aircraft carriers
that we have active at any time, whether they're being refurbished.
We're only gonna build a four ten aircraft carriers now,
so we're gonna have the mothball two aircraft carriers or basically,
you know, demolish them because we can't afford to keep
them anymore because we're paying one point four trillion dollars
in simple interest on the debt now because we've continued
(01:37:26):
to spend well beyond our means for the last twenty
years and we can't I mean, and until that happens,
I don't know people are going to actually realize it,
or they're gonna say, look, we can only fund eighty
percent of medicare next year because not because we're trying
to cut any money, but sorry, this is what we're
taking in, this is what we're spending, and the rest
of it goes to the interest on the debt, and
we have to pay that otherwise someone will foreclothes on
(01:37:48):
us and they'll take Donald Trump's big gold tee off
the top of the White House, which he hasn't put
on there yet, but I assume you will at some point.
Speaker 3 (01:37:54):
Talking to Jim Kennedy Kennedy and pul Policy Research, I
go and I look at America and who we are
and what we're all about. And this battle of tariffs
is a perfect example. So it's us versus the world.
We want to tarif the hell out of everybody.
Speaker 2 (01:38:08):
And then they yesterday they said, now, you can't do that,
and then today they said, well you can do that.
It's frustrating, it's whiplash. I don't know why we did
some of them.
Speaker 3 (01:38:18):
I understood China, but I always go back to this gym,
why are we still talking with them? Because it's not
about the Chinese people, it's about the government, and this
is a country that wants to win at all cost.
The fact that we're even negotiating I find fascinating still.
Speaker 37 (01:38:33):
You know, I remember it's Trump in the art of
the deal, and I think he believes he could make
a deal with anybody. I would think that he would
have sat down in nineteen thirty eight and tried to
negotiate a deal with hill Or to basically, you know.
Speaker 4 (01:38:43):
Just to stop his aggression.
Speaker 37 (01:38:44):
As we could probably predict, it would not have been
a successful thing. It would have been probably about as
successful as Neville Chamber, maybe a little bit more or something.
But outside of that, it would not have turned out well.
And I think that he thinks he can get them
to change the same thing with Iran. I think Iran
is a waste of time. I don't think that anything
you're going to do, short of literally threatening them with
a nuclear weapon, threatening them with a nuclear war, I
(01:39:05):
should say, and you're going to bomb them back to
the Stone Age to basically get Iran to change either.
I don't think that those are both in trench countries
that have their own internal problems that really prevent them.
That's the thing that you have to understand is she
doesn't have a lot of room to negotiate. He can't
back down a lot of this stuff because he's got
a rising unemployment rate, he's got slowing economic growth. He's
got you think we've got a problem with debt, they've
(01:39:27):
got a property bubble of debt that is just that
that would just basically just literally.
Speaker 2 (01:39:34):
It's just it's I don't think people realize how bad
their property stuff is.
Speaker 4 (01:39:39):
Correct.
Speaker 37 (01:39:40):
And of course they've also got the other problem is
there because of their wonderful one child policy, they're going
to be facing a shrinking population going forward. And if
you've got these problems, and a shrinking population is not
how you're going to grow out of this. Even if
he was able to take over the world, I don't
know how they can even afford to basically manage the
world as far as a military power to do that.
(01:40:00):
They've got two aircraft carriers, building a third. They're beginning
to be able to project power. But it's costing them
a lot of money. And the reason why a lot
of the thing you talked about the government being the
reason for the tariffs, a lot of it or some
of it is because of IP theft. Because they don't
go out and build their own aircraft carriers. They steal
technology and then assimilate it into their carriers. And that
(01:40:22):
is how they're able to basically build all of this
stuff somewhat on the cheap because they're stealing the IP
if you remember way back, believe they stole some of
our propeller technology for submarines about fifteen or twenty years
ago to make their submarines it's quieter and less detectable,
and that's how they do it.
Speaker 4 (01:40:38):
That's just the way it is.
Speaker 37 (01:40:39):
And to tie someone in with Trump's efforts to reduce
a number of students coming here, but there's not a
lot of room that they can do to negotiate. So
I don't know what he thinks he's going to get
out of she because she can't appear.
Speaker 4 (01:40:50):
To be weak to his own pollup bureau. Because he's
got people that are willing to take his head off.
Speaker 37 (01:40:54):
Too and basically demote him, and he'll wind up in
a gulag somewhere in Central China.
Speaker 4 (01:41:00):
Oh, he's got his own problems.
Speaker 37 (01:41:01):
Trump's not giving him a really a way out for this,
And I just don't see where there's going to be
a good end when it comes to China.
Speaker 4 (01:41:06):
Everybody else is negotiable.
Speaker 37 (01:41:09):
There may be some infrastructure issues that are endemic to
some countries, but for the most part, everything else is negotiable.
Speaker 4 (01:41:16):
With the rest of the world. China just isn't.
Speaker 37 (01:41:17):
And I just don't know where the where he thinks
they're going to give on this, and I don't know
where his foreign advisors are telling him.
Speaker 4 (01:41:25):
She can't really give a lot of this.
Speaker 2 (01:41:26):
Doug Jim Kennedy, Kennedy Institute Public Policy Research. As we
wrap it up here on this Friday, the big beautiful
bill is massive, it's bloated, it is not beautiful. I
agree with elon they're going to get it through.
Speaker 3 (01:41:40):
There are things in there that I shake my head
at and think to myself, what's the deal. When does
Congress wake up and say, oh my god, we've got
some power here.
Speaker 2 (01:41:51):
We need to fix this.
Speaker 3 (01:41:53):
Uh, we can't just have Trump sign executive orders all
the time to sort this out. So we're gonna have
to participate because raising the ceiling five trillion ish isn't cutting.
Speaker 2 (01:42:07):
It's costing.
Speaker 4 (01:42:08):
No, it's not.
Speaker 37 (01:42:08):
And it's a clear sign that they don't have an answer.
And I don't think this Congress has the intestinal fortitude
to do it.
Speaker 4 (01:42:13):
I don't think. I think they want to be there
and they want.
Speaker 37 (01:42:16):
To collect the likes and the clicks on Instagram and
X and basically be in the spotlight and give speeches
on you know, and give speeches to show up on
Fox News that raise their personal visibility.
Speaker 4 (01:42:28):
But I don't think they want to do the hard ware.
I think there are some that want to.
Speaker 37 (01:42:31):
The Senate may be a little bit more serious chamber
because they don't run for reelection every two years and
don't need to fundraise as much as quickly as the
House members do. But I don't see any real leadership
from Speaker Johnson. You know, I'm disappoints me to say that,
but I just don't see it. I don't see where
he's leading anything. I don't see any significant legislation they've
really passed that has come along.
Speaker 4 (01:42:52):
I haven't seen them quantify again any of the DOGE stuff.
Speaker 37 (01:42:55):
I haven't seen anything that would basically again eliminate the
Department of Education or do anything that cut spending.
Speaker 4 (01:43:00):
They're not really doing a lot.
Speaker 37 (01:43:03):
They're just kind of existing and they have to pass
the deficit or the debt increase because it's otherwise the
government of default. So that's kind of like it's something
they're forced to do. They're not doing anything that they
should be doing. It's like, you know, they're going out
and buying groceries to live but they're not doing the
exercises they should be doing.
Speaker 4 (01:43:20):
At home. You have to have the food, you don't
have to have the exercises. And they're just not really
doing the stuff they should be doing because they just
don't have the will.
Speaker 37 (01:43:26):
They don't have the intestinal fortitude to do it, because
no one wants to take us tough stance. And unfortunately
they only have a approximately one seat majority in the House,
so there's not all you know, they can't they got
to get everybody on board. And you're never going to
get everybody on board for any of these bills, whether
it's the big beautiful bill or the horrible ugly bill.
Either way, you're not going to get you know, a
lot of people that they are going to come over
(01:43:48):
from either side. So it's tough work. But I don't
see a lot of leadership right now trying to push
stuff through.
Speaker 2 (01:43:53):
Nope, not at all.
Speaker 3 (01:43:54):
Love talking to you about Jim Kennedy, Kennedy and STUPOCA
policy research. People want to reach out to Gym, follow
Jim re eat his substack. Where do they go kipper
dot substack dot com. Good talking to you, brother, Will
do it again next week.
Speaker 4 (01:44:05):
Thanks Chad.
Speaker 2 (01:44:05):
Three two three five, three eight, twenty four to twenty
three at Chad Benson Show. Is your extra incidant.
Speaker 3 (01:44:10):
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You get it for free.
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Just cover the cost of shipping roughgreens dot com slash Chad.
We're gonna wrap it up straight ahead right here on
the Chad Benson Show.
Speaker 1 (01:45:38):
Irreverence, Like, yeah, so what it's the Chat Benson Show.
Speaker 2 (01:45:44):
It's finally Friday, so you know what that means. Little
George Jones and the Sounds of the Week.
Speaker 16 (01:45:50):
We are not cutting medicaid in this package.
Speaker 9 (01:45:54):
There's a lot of misinformation out there.
Speaker 4 (01:45:57):
Let's give you the beautiful.
Speaker 9 (01:46:02):
I think it both can be can be can be big,
or it can beautiful. I don't know if it could
be both.
Speaker 8 (01:46:08):
I'm not a hundred dollars falking my beautiful. I know
how I say. Anybody's burning hold, I do my pargeting
and do my skin.
Speaker 16 (01:46:20):
I'm on you morning.
Speaker 8 (01:46:21):
I'll be brown. It's fine Friday, I'm free skin.
Speaker 16 (01:46:27):
I'm done my motor running again.
Speaker 8 (01:46:30):
It's fine.
Speaker 2 (01:46:36):
They took time.
Speaker 17 (01:46:38):
The couple made famous by their hit TV show Crisly
knows Best.
Speaker 16 (01:46:42):
Your parents are gonna be free and clean, and I
hope we can do it by tomorrow.
Speaker 18 (01:46:46):
The President himself called me and took the time to
let me know that my family is coming back together,
and for that I will forever be grateful.
Speaker 2 (01:46:55):
It's fun time, free skin, I'm done my motor a
wow again.
Speaker 8 (01:47:02):
It's fine.
Speaker 10 (01:47:06):
Forgetting a blunt new warning for American workers. Artificial intelligence
is about to wipe out millions of jobs.
Speaker 19 (01:47:17):
They defined functional unemployment to include not only those who
are jobless, but also people who are struggling to find
full time work and those stuck in poverty wage jobs.
Speaker 8 (01:47:27):
Be hurting my head in an advice guns. They wonder
if I've ever said Wendy.
Speaker 16 (01:47:34):
Had a thirty on the slowly counity Brinynday.
Speaker 8 (01:47:43):
I'm a freak.
Speaker 16 (01:47:45):
I've gotten the motor running.
Speaker 8 (01:47:48):
It's time out of drum forgetor.
Speaker 15 (01:47:55):
But in this moment, this moment, this morning, our sacred
room of law is under attack.
Speaker 3 (01:48:02):
Democrats Bill seem confused as to why they lost this election.
Speaker 20 (01:48:07):
Republicans are seen as apex predators like lions, tigers and
sharks and beasts that take what they want when they
want it. Democrats are typically tagged as tortoises, slugs, or sloths.
Speaker 2 (01:48:20):
Slow blotting passive.
Speaker 1 (01:48:23):
Short season has arived in.
Speaker 13 (01:48:24):
The United States is kind of trash.
Speaker 2 (01:48:27):
That's a nasty question. Ooh three two three, five, three eight,
twenty four, twenty three at Chad Benson Show.
Speaker 3 (01:48:38):
That is your ex formerly twinter. Your Instagram always been Instagram,
Your Facebook always been Facebook, although it's called meta now,
but nobody ever calls it that. And of course you YouTube,
so make sure you go like and subscribe there and
check out our videos we post on a daily basis.
Helps us out right here on the Chad Benson Show.
(01:49:01):
Solid fun, short week, This week, tough day for us
here the old Chad Benson Show. I'm pretty sure Anthony,
who has been with us for really the beginning of
our national run, today's final day. And there is nobody
who's been more of a writer or die with me.
And I love him and we're gonna miss him as
(01:49:22):
we shift from the ever changing world that we live
in to a lot more video stuff. And he just
got sick and tired of getting up at two in
the damn morning every day. You guys have a blast weekend.
We'll do it again on Monday as always, Night night Jack.
Speaker 1 (01:49:44):
This is the Chad Benson Show.