Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:11):
The Chad Benson Show.
Speaker 2 (00:15):
So much of what you see in the world of
politics is theatrics, and yesterday was a perfect example of
everybody getting in front of everybody to theatrically play out
something that shouldn't have been played out. The media loves it,
you know. I was telling everybody, the media is bombed.
(00:36):
There's no war, not because they want Trump to fail,
but because war's good business, which is disgusting. But we've
talked about this over and over again. We no longer
can just watch something and take it for what it
is and move on. Now. It's like we have to
(00:58):
have reality television show and it has to be amped
up as high as it can go. Did they lie?
Was this?
Speaker 3 (01:07):
This?
Speaker 2 (01:08):
Was this that Pete Hegseatt said, this? Is he a liar?
That it's just it's crazy.
Speaker 4 (01:15):
It is.
Speaker 2 (01:17):
So they had their intelligence briefings, hearings bind closed doors,
as you should when it comes to what took place
with Iran. You say Iran, I say Iran, And.
Speaker 4 (01:34):
It was.
Speaker 2 (01:36):
What it was. If you're on the left, you've got
to come out and say, oh, it's not good, it's
all bad. If you're on the right, you got to
come out and say we did the right thing. Da
da da da dah. The President's not telling true, It's
just it's theatrix. The other side doesn't want the other
side to have a win, and the media enjoys that.
(01:59):
And it's did we destroy their stuff? No, probably not
all of it. I think what we probably did is
we damaged more than enough to set them back a bit,
but not like it's out of the question that they
(02:23):
could start up in the next couple months. And I'm
sure they have stuff in several different places. But the
media framed it as if we got the intelligence report
that you guys failed, which was an absolute bold face lie.
It was it was an early report that didn't have
(02:46):
all the information, and it was our report, as if
we're as deep as the massade, and we're not. By
the way, Mark Halpern, who we love here talking about that.
Speaker 5 (02:57):
Is it's just it's insane because the headseth is correct.
They put out a fragment of a preliminary report, and
they framed it as if the president was lying. It's
insane what they did.
Speaker 2 (03:09):
Oh yeah, it was insane. This is why nobody believes you.
You framed that story as if the president lied. You
took a small piece of a story, but it makes
for good business. May lie to the American people, but
(03:30):
the people that are still sitting there watching this, it
makes for good business. And it's weird too that the
people on the left kind of want Trump to be
a liar and fail. He's the president. Look, if you
want to talk about the battles that go on that
are the culture battles and some of this ridiculous stuff
(03:51):
that we talk about here, that's one thing. But when
we go and we do a mission like we did,
that was fantastic. I don't think anybody on the ground
got killed. It was as good as you could draw
it up. And with all that being said, your first
(04:12):
response is he's a liar. He didn't do this, he
didn't do that. They failed, they're lying. It's crazy. That
is not how you do things. But we apparently on
both sides of the aisle want this kind of politics now,
(04:32):
this reality show fight over everything kind of politics. I
it's just not me. So I said last night. I
did a video last night and I said straight out,
most of the stuff that you see is blooney, it's
fear mongering, it's lies. It's a bunch of crowd. It's
(04:55):
not real. It is people that are trying to become celebrities,
people that are trying to influence and it's just crap.
And this is on us as Americans, as voters to
(05:16):
figure out how we're gonna want our politics in the future.
We put the show together. I've always been clear politics,
pop culture, life. We have conversations. We don't live in
the world of extremes because that's not reality. It isn't
(05:40):
And when stuff that's serious, like what took place in
ran happens, we have good conversations about it, and we
don't lie, and we don't say things ridiculous because we
think it's going to get a reaction. And it's unfortunate
that we've wrapped ourselves up in this bizarre world of
(06:01):
identity matters. My team needs to win at all cost.
Your team is the United States of America. That's the
only team you should care about in this situation. I
want to talk about your sports team. I was talking about.
Your team is the United States of America. And when
something happens like what took place with US going over
(06:26):
hitting their three nuclear sites, and we have a media
that is actively pushing not because they think they want
America to fail, but because it would be good business
if they have to go and do it again, because
it's great for views and likes and viewership. That's not good.
(06:47):
And when you have Democrats who talk about the fact that, oh, yeah,
we had plans like this before, but they didn't have
the balls to do it yet they also agree that
Iran having a nuke is a bad idea. Well, but
you kind of want him to fail, so you can
say he was a liar in his failure. Again, the
(07:09):
team you're on is United States of America. We need
to remember that more and more we do, and stop
buying into the hyperbole and the fear mongering. I say
that over and over again. It is easier to scare
people in today's world than it is to reason with
them in a way where you can show them the
(07:30):
facts and the data as much as you have, because
those things may change. You may not have all the story.
But we've learned over the last several years it's just
way easier to scare the crap out of somebody to
get their attention and their loyalty than it is to
reason with them. Hmm. Indeed, moving on, big, beautiful bill.
Speaker 6 (07:52):
But we're here this afternoon to share the stories of
an incredible group of patriots from across the nation whose
future we are defending with the one Big Beautiful Bill.
This is the ultimate codification of our agenda to very
simply a phrase that's been used pretty well by me
over the last ten years, but maybe even before that,
(08:14):
Make America great again, very simple, make America great again.
When Joe Biden used to get up and said, we
will stop this horrible maga. We're gonna stop Mega, We're
gonna fight it. I said, Joe, loosen up. It's called
make America great again.
Speaker 2 (08:30):
It's okay. Remember that. He got up so angry. He's
so angry. He said, make America great again, one big
beautiful bill, making America great again. By the way, America's
always been great, still great. You know who's great, The
Americans in America that make up America. That's what America
is all about. I've never once thought America was a failure.
(08:52):
I haven't and I still don't think so. And I
think we are who we are, despite the fact at
times we have leaders and politicians who live in the
world of extremes and ridiculousness and yet we still keep
doing what we do. So the big beautiful bill, will
it or won't it happen? Can it get done? Or
won't it get done? That is a very good question.
(09:18):
That is now. So what happens is the bill goes
from obviously the House to the Senate, and then the
Senate puts their tweaks on it. Then in the Senate
there is a parliamentarian. So a parliamentarian gets it and
essentially goes through it. It's kind of a referee he
(09:38):
or she. So the she in this case will her
name is Elizabeth mcdonahue. She goes through it and decides, okay,
what can stay in and what can't based on rule
or whatever reason that these things can't stand there, and
(09:59):
then takes those things and tells them you have to
take these things. These things cannot be in this bill.
Speaker 7 (10:05):
The Senate parliamentarian, who basically acts as a referee making
sure the bill follows strict Senate rules. She says several
key medicaid provisions being considered are out of bounds and
would need sixty votes to pass instead of a simple majority.
Speaker 2 (10:19):
What yeah, so sixty instead of a simple majority, that's
not going to get done. Even if you had all
the Republicans, that just isn't going to get done. The
Medicaid provider and tax restrictions, it's policy, not budget. So
you're not cutting anything out of the Medicaid. You're putting
in requirements. It's a policy thing. They say under the
(10:40):
Bird rule that it's a violation. Some of the other
stuff gender affirming care and immigrant coverage blocks not budget related.
Public land sales not directly part of the fiscal impact
of this, so that camp in there, and then other
things include the provision that the Republicans wanted to have
(11:03):
in there that essentially that the administration of politicians could
ignore the courts ruling because whatever the ruling has, there
would be zero impact to them because they couldn't enforce
the ruling. And that is not once again federal spending.
(11:29):
So because of that, that can't be in the reconciliation package.
So this will be very interesting to see if they
can get this thing across three two, three, five, three, eight,
twenty four to twenty three at Chad Minton show, that's
your ex You're install a lot of stuff to get
to today. Finally Friday sounds well, of surprise, A bunch
of other stuff as well. Bullwark Capital will be talking
(11:51):
to Zach in a little bit. Wants to give you
a second opinion on your investments, your retirement. What do
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Coming up Finally, Friday Sounds Chad Ben to.
Speaker 1 (12:58):
Joe Chad Benson.
Speaker 2 (13:11):
It is that time of the week where we take
a listen back to the chaos and craziness. It was
because you see, it is Friday, and we say to ourselves, finally,
it's Friday, is one hundred degrees. I don't know go
but warming.
Speaker 8 (13:26):
We knew it's gonna be hot, but we just brought
water and dealing with it.
Speaker 4 (13:30):
It's gonna be hot.
Speaker 9 (13:31):
He's definitely gonna be hot, but we're prepared, hoping for
the pats really just drinking water hydrided.
Speaker 10 (13:36):
These conditions could be deadly and life threatening if you
are not prepared.
Speaker 11 (13:41):
I'm not a hundred dollars walking me my metal hole.
Speaker 2 (13:45):
I know why I say it.
Speaker 11 (13:47):
Anybody is burning a hold right through my bucketing and do.
Speaker 2 (13:51):
My skim a money morning.
Speaker 11 (13:54):
I'll be brown.
Speaker 2 (13:56):
It's fine Friday.
Speaker 7 (13:58):
I'm free.
Speaker 2 (14:00):
I'm done my motor running again. It's fine.
Speaker 11 (14:04):
Dead for.
Speaker 12 (14:11):
The father taking the NBA by storm for the first time,
the NBA champion resides at Oprahola City.
Speaker 2 (14:18):
We did what it took us here to be champions,
and we deserved this.
Speaker 13 (14:21):
With the first pick in the twenty twenty five NBA Draft,
the Dallas Mavericks selects Cooper Flag.
Speaker 14 (14:27):
Five man Tim Free I'm done my motor running again.
Speaker 2 (14:34):
It's fine dead.
Speaker 7 (14:38):
For conservatives love to drink and drive, so.
Speaker 2 (14:44):
Can I have.
Speaker 6 (14:46):
It's right.
Speaker 15 (14:47):
I'm so proud to be here to say to the
people up the city of New York, I am seeking
re lex.
Speaker 16 (14:55):
This is not the first time the President Trump is
going to comment on myself.
Speaker 11 (14:59):
I the Wonder episode, Windy had a thirty hours slowly
unity Brodie, owner of.
Speaker 6 (15:27):
A short time ago, the US military carried out massive
precision strikes on the three key nuclear facilities.
Speaker 2 (15:39):
Three two, three, five, three eight, twenty four, twenty three
at Chad Benson Show. Is your ex, your insta and
everything else right here on The Chad Benson Show.
Speaker 4 (15:51):
By design, we don't create our own homework.
Speaker 2 (15:53):
The intelligence community does.
Speaker 4 (15:55):
They don't know what the food they're doing.
Speaker 2 (15:57):
You understand that.
Speaker 6 (15:58):
God bless the Middle least, God bless Israel, and God
bless America.
Speaker 2 (16:03):
Thank you very much. You're welcome, sir. What a week, right,
I mean, We've had the Heat Dome over one hundred
and seventy million Americans, the big beautiful Bill, the battle
that's going on there, and of course all the stuff
that took place with Iran, Israel and that battle, and
(16:27):
then the battle over whether or not it was true,
it was false, it was true, it was false? Did
they do this? Did they do that? And then whether
or not we're even sitting down having any kind of
conversation with them.
Speaker 17 (16:36):
New questions about the President's claims that are run in
the US would be meeting next.
Speaker 2 (16:40):
Week, we may sign an agreement. I don't know.
Speaker 6 (16:43):
To me, I don't think it's that necessary.
Speaker 2 (16:45):
But the White House Press Secretary says there is no
meeting on the books. We don't have anything scheduled as
of now. What is the hold of her and trying
to schedule it?
Speaker 17 (16:53):
Are you experiencing any resistance from the ir audience?
Speaker 2 (16:56):
Now have some patience?
Speaker 17 (16:57):
The Supreme leaders fling defiance in his first public statement
since the attack, I mean the US field to achieve
anything significant and adding trump quote grossly exaggerated.
Speaker 2 (17:11):
Trump exaggerate never three, two, three, five, four, twenty three
At Chad Benson Show, is your ex your Insta and
all of the other things coming up sort of our
favorite segments of the week. It's the wheel of surprise.
Some of the stories that we didn't get to this week,
and we have no idea what those stories are. We'll
(17:32):
do it straight ahead right here on The Chad Benson Show,
then Chad Benson Show.
Speaker 1 (18:01):
The Chad Benson Show.
Speaker 2 (18:04):
That's one of my favorite times of the week. There
are a lot of the stories we didn't have a
chance to get to because obviously a lot of other
stuff is going on out there, and we try to
cover everything from politics to pop culture. You guys know
that some stuff slips through the cracks. We call it
the wheel of surprise. We spend the wheel wherever it lands.
That's the story we go to. And by the way,
(18:25):
I have audio for the stories. I have no idea
what order the stories are in. None of that stuff.
It's a surprise to you. Hence the Wheel of Surprise.
Round and round she goes. Number two.
Speaker 18 (18:51):
A Chicago White Sox fan is now banned indefinitely from
all MLB stadiums after he was heard heckling in Arizona
Dick player at yesterday's game, ultimately bringing that player to tears.
Are Sarah Monkey's checking in with fans as both teams
face off again today at Rate Field and Sarah, I'm
curious what the reaction is out at the ballpark.
Speaker 19 (19:13):
Right Marie, When we talked to fans as they were
walking in. They had one unified response about the band
good that Heckler reportedly bringing up a deceased mother to
a player out here, bringing him like you said, to tears,
something that both sides are now condemning, and it's also
bringing up a bigger conversation one about sportsmanship on the
field end in the stands.
Speaker 2 (19:36):
I will tell you this was horrible. So catl Marte
with the Arizona Diamondbacks early this week playing in Chicago,
his mom died a few years ago, and there was
a Heckler that was just going off on him to
the point where he was devastating, crying on the field.
(19:59):
And it it's you pay money to go to a game,
and yes it can be very expensive. I can acknowledge
that we want to cheer for our teams. Fanatic when
we talk about fan that is short for fanatic. People
are wackadus. And just because you pay money doesn't mean
you get to go there and abuse human beings because
(20:22):
of the paycheck they make compared to the paycheck you get.
Because that's a lot of what it is. And this
was a horrible thing.
Speaker 20 (20:31):
The show of support at the Ballpark for Arizona Diamondbacks
player Kutel Marte as he took the field in Game three,
a big turnaround from just one day before.
Speaker 21 (20:40):
He come back to Chicago. This is from the previous
pitching change tour Levello, with Katel Marte in tears on
the pitcher's mound waiting for the reliever to come in
consoling katel Marte, who was in tears during that break.
Speaker 20 (20:56):
Marte in tears after a heckler reportedly referenced his mother,
who died in a twenty seventeen car crash, an insult
that hit Marte as he headed to the dugout and
caused Diamondbacks leadership to react.
Speaker 4 (21:08):
It was a terrible moment.
Speaker 2 (21:11):
Fans are nasty and fans go too far sometimes.
Speaker 22 (21:14):
And I love my players and I'm gonna protect them.
Speaker 2 (21:17):
Amen. And that guy's been not only banned from White
Sox game matsleg Baseball says no more to you. I
spoke to my buddy yesterday, Steve stevie'z Steve Simmons Meiser,
he's the pregame in post for the Diamondbacks, and he
said he's an emotional guy. He's fine, but that was ridiculous,
(21:41):
and it is ridiculous. Just because you pay doesn't mean
you get to abuse. It's the real herv surprise, rowl
and rown. She goes where she stops? Nobody knows. Number seven.
Speaker 23 (22:07):
The Justice Department says a man who the Trump administration
mistakenly deported to L. Salvador but is now in the
US will be taken into Immigration and Customs enforcement custody.
They say will happen after he's released from federal custody.
I'm talking about Kilmar Abrego Garcia. He was ordered to
remain in custody until at least tomorrow. He's a waiting
trial on smuggling charges. He has pleaded not guilty in
(22:31):
that case. Abrego initially entered the US illegally.
Speaker 24 (22:34):
Abrego's case is.
Speaker 23 (22:35):
One of at least several in the country where an
individual is facing both federal and immigrations cases at the
same time.
Speaker 2 (22:42):
So this is interesting. You guys, remember Kilmar Abrego Garcia.
Excuse me, the Maryland man, the Maryland father who was
deported to L. Salvador and a lower court had ruled
that he could be deported but not to L. Salvador.
Then he was deported to El Salvador went into the
notorious prison. He was accused of being an MS thirteen member.
(23:05):
I don't know if he is or isn't. He said
he wasn't supposed to be sent there, and he was
hiding for his life. That's why he was here. So
now eventually, after all of the lawsuits, out of all
this stuff, the Trump administration brought him back. They bring
him back. He's here in Tennessee and they said, so
(23:27):
he's here to face federal charges for smuggling because he
was pulled over a few years ago and it was
obvious that there were eight people in a car he
was driving, none of them had luggage, and he had
gone from the Houston area to I believe he went
to Saint Louis and then to Tennessee on his way
(23:51):
to Maryland. That doesn't make any sense. That's when they said, hey,
this guy's probably smuggling, and so that's why he's here
for that. But they're going to probably apparently today, he's
going to be released and immediately he's going to go
into ice custody and then at any time they could
deport him. They may not deport them, they may make
him stand dry. I'm not quite sure.
Speaker 22 (24:09):
This update is a result of what the judge asked
the Justice Department to do, and that was to coordinate
with DHS to figure out if he would be taken
into ice custody, and to make sure that if he is,
that that custody is somewhere near the vicinity of this court, because,
as Abrego's lawyers argued, he needs to be able to
defend himself against these federal charges on smuggling. There was
a chance he could have been taken to somewhere like
(24:31):
Louisiana or Texas. This lawyer said that would be very difficult.
It would be hard for him to have access to
legal counsel there. It's actually kind of unusual that we
would get kind of a showing of the cards from
the Trump administration of one agency talking to another like
this in court. Oftentimes, the Justice Department will comply with
in order release someone from federal custody, and I swoops
(24:51):
in and arrest him in the parking lot of the
courthouse or in the courthouse, And this case, they had
to talk because it was the judge's order.
Speaker 2 (24:58):
So we're going to find out what goes on with
him him and I have a feeling they could just
deport him where he could go, because they're already saying, well,
we can't Senddel Salvador. And we were joking yesterday South
Sudan could be could be Brazil. I don't know. I
don't know where they could deport him, but they could
(25:19):
do that and he wouldn't have to stand trial. And
he may be looking at a situation where you could
be deported to hear or you could stand trial and
maybe and probably go to jail. It's wheel of surprise,
(25:40):
spending the whale where it stops. Nobody knows. Been through
two stories? How many more do we have? We shall
find out number four.
Speaker 25 (25:50):
She was enjoying Disney World when she says she was
reprimanded for being improperly dressed.
Speaker 2 (25:56):
Now she's speaking with Alison Hall.
Speaker 24 (25:58):
You can't worry that to Disney.
Speaker 26 (26:00):
That's what Nicole Arena of Staten Island, New York, says
she was told during her recent trip to the happiest
place on Earth?
Speaker 24 (26:08):
So what did she wear? Leggings and a sports bra?
Speaker 26 (26:11):
Did you think anything about your outfit when you were
getting there?
Speaker 2 (26:15):
I wear this all the time, of course you do,
and well I would too if I look like that
not gonna lie. It's you know, obviously you guys are
CrossFit trainers or something like that, because to you and
your husband are yoked. It's kind of ridiculous that normally
when they make you wear something over that and say something,
(26:38):
it's usually because you have a shirt on that's offensive.
The skin thing apparently upset people. I'm gonna go with,
probably not the prettiest people.
Speaker 26 (26:50):
Nicole, who's a personal trainer, says she and her husband John,
were waiting in line at Epcot Center for the popular
Frozen ride when she was approached by a Disney staffer.
Speaker 24 (27:00):
Who informed her she was improperly dressed.
Speaker 2 (27:03):
We got up to the front of the ride.
Speaker 27 (27:05):
As soon as they were about to let us on,
the girl stopped me and was like, you can't get
on like that.
Speaker 26 (27:11):
She says she was sold to buy a forty five
dollars Disney t shirt to cover up or she wouldn't
be able to go on the ride. They had been
waiting an hour for. Her husband, who's also a personal trainer,
was wearing this low cut, tanked up and this is
what you were wearing, exactly what I was wearing, which
is much less than my wife. Yeah, some people would
(27:31):
argue that you are showing more skin.
Speaker 2 (27:33):
Than she was. Absolutely yes, because if I look like him,
I just walk around without a shirt all day. Stop
being party poopers. And she had full leggings on and
she was just showing her six pack. I am fine
with that, and so Mickey or you, Oh boy, am
I see? And he knows. It's the wheel of surprise.
(28:03):
The wheel goes round and round west she stops. Nobody
knows who's going to be a winner right here? It
is number one.
Speaker 9 (28:12):
A lifeguard rushed to the hospital in Asbury Park, New
Jersey after a beach umbrella went through her shoulder.
Speaker 14 (28:19):
I think one of them in the West contes.
Speaker 28 (28:22):
I'm going to need that band fall for sure.
Speaker 9 (28:24):
Down here Wednesday morning, authority say the female lifeguard, said
to be a college student, was setting up a beach
umbrella on a lifeguard stand when a gust of wind
blew her backwards off her stand and the umbrella came
down straight through her arm.
Speaker 29 (28:39):
It went in right here, like I said, and then
out the back this life ow.
Speaker 2 (28:49):
How did this happen?
Speaker 8 (28:50):
Though?
Speaker 2 (28:50):
I'm just curious. I feel like there had to be
a freak accident for this to.
Speaker 9 (28:55):
Happen first responders cutting the pole on both sides so
they could hit her into the ambulance.
Speaker 4 (29:01):
She went through this thing without a whimper or you
know nothing.
Speaker 9 (29:05):
This not the first time a beach umbrella has become dangerous.
Speaker 2 (29:09):
A response to an umbrella going through and hating five
field female legs use a waste and alert.
Speaker 9 (29:16):
In twenty twenty three, you can see as this water
spout comes ashore in clearwater, Florida, umbrellas flying injuring two people.
It's these scary scenes that recently prompted officials to roll
out new safety guidelines for beach umbrellas.
Speaker 2 (29:32):
You can't you can have safety guidelines, but you can't
defend against nature doing something out of nowhere. I mean,
what what because you know the umbrella company's probably gonna
get sued or something. I mean, you can't defend against
(29:54):
something that is a potential freak accident because na you're
decided to send a water spout or a giant gust
of wind on shore.
Speaker 9 (30:04):
When buying or renting an umbrella, look for ones with
this label that says it meets safety standards for winds
up to thirty miles per hour and make sure the
anchor provides at least seventy five pounds of resistance, and.
Speaker 2 (30:18):
That lifeguard is recovering.
Speaker 24 (30:20):
It is said to be doing well.
Speaker 25 (30:21):
Experts also say the other thing to really keep in
mind is when you walk with the umbrella, walk with
it close to you and safely, don't point it at anyone.
Speaker 2 (30:27):
And when you go to put.
Speaker 9 (30:28):
It down, if you don't set it up right away,
make sure that it's secure, that's another moment that it
could become dangerous.
Speaker 2 (30:34):
Guys, those are all great, great, So justine, that are
really going to help some folk? Are they?
Speaker 4 (30:39):
Are?
Speaker 2 (30:39):
They? Are you that stupid? Again? Freak accident's happened. But
do we need that? We live in a world where
bubble wrap and helmets for everybody, and I blame that
on attorneys suing everybody all the time for anything. Three two, three, five,
three eight, twenty four to twenty three at Chat Benson
(31:00):
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(31:22):
So you're talking about the best sound quality and the
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I don't know how they do it, but I'll tell
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(32:07):
It is the Chad Benson Show.
Speaker 1 (32:19):
Irre like, yeah, so what it's the Chat Benson.
Speaker 2 (32:24):
Show with all the talk of Scotis and all these
cases out there and Karen retrial, the whole nine yards,
the Didty trials still going on, and this could be it,
This could be it. We're soon to find out how
guilty Diddy is well allegedly. Let's sorry, sorry, sorry, it's
not over. Yet, but we're just kind of going on.
Although they did drop the big chargers a couple of them, so,
(32:49):
but he's still facing forever in prison, not jail, but prison.
Speaker 16 (32:53):
Prosecutor Christy Slavic tried to tell the jury it was
just time to convict Sean Cole as charged. She said
there was ample evidence for the jury to believe that
he coerced Cassie Ventura and another woman who was known
by the pseudonym Jane, into these sex marathons aided by
(33:14):
drugs with male prostitutes while he watched, masturbated, recorded, and directed.
Speaker 2 (33:22):
Which is the drugs, all of the stuff, the threats,
and one of the things is we remember is the
beginning of this, the Cassie Ventura thing. They showed the
video of him whooping up on her at the hotel.
That has no bearing on the case as far he's
not being charged with that. That was just to build
(33:42):
a you're building on this is who this guy is,
which I think we kind of know that now.
Speaker 16 (33:49):
The prosecution believes that Sean Colmbs ran his business like
a criminal enterprise, relying on a cadre of loyalty tenants,
whether it's business people who handled his bank accounts and
his travel arrangements, his assistance, his bodyguards, his chief of staff.
They're all portrayed as unindicted co conspirators. It was his kingdom,
(34:12):
the prosecutor said in summations, they were all there to
serve him.
Speaker 2 (34:18):
Yeah, that's kind of the way that they played this
thing out. And you mean guns charges, arson charges were dropped,
but there's a lot of charges that are still out there,
and I don't think this is the only case. I
was still surprised though, over the fact that they didn't
have more celebrities and stuff brought into this, But I
(34:42):
think a lot more of those are. They're in a
situation where those are civil for the most part, and
they're probably doing everything they can to keep their names
out of this. Then you've got him, how's he doing.
I mean, he's there watching this stuff, listening to it.
His family's there.
Speaker 16 (35:01):
He was rather calm, and occasionally he would write notes
to his lawyers. If he heard something that he may
not have liked, he gestured to his family, put his
hand over his heart. The courtroom was packed for this,
far busier than it's been really since the early days
of the trial.
Speaker 2 (35:17):
Do you think he was writing to his lawyer about
how long is he going to be in jail? Will
I Eversy lay to day three, two, three, five, three, eight,
twenty four, twenty three At Chad Benson's Show, that is
your Ex and your Insta as well as your YouTube
Chad Betson Show TV, Like and subscribe, grabbed the podcast
to you right here on the Chad Betson Show, Zach Abrahm,
(35:41):
Chiefvestment Officer Bowher Capital is going to join the Prime.
I'm going to talk about, Yes, the economy, what's going
on out there, not just here but globally, tariffs, all
of that kind of stuff, and how that affects you.
Plus New York, how do they really feel about the
guy that may be mayor? And you'll never guess what.
(36:01):
Not only is one guy gonna try to get reelected
another guy deciding he ain't getting out just yet. Talk
about that as well. Reach out to us across all
of our social media at Chetbinson Show. It's your Ex,
Chappinson Show TV, YouTube, like and subscribe, your Facebook and
all the other things. Our number two of the Chad
(36:21):
Benson Show, straight Ahead.
Speaker 1 (36:23):
This is the Chad Benson Show. The Chad Benson show it's.
Speaker 2 (36:53):
Big, and Trump thinks it's beautiful. I do not think
it's beautiful. I just think it's big. Could it be beautiful. Well,
we'll find out what it looks like when all is
said and done. Of course, I'm talking about the one
big beautiful bill. Absolutely fantastic, but it's running to a
bit of an issue in the Senate. And it has
(37:17):
nothing to do with the senators who are on the right,
who are not thrilled by the debt ceiling and all
this stuff. It has to do with the parliamentarian, who's
the person that kind of oversees everything.
Speaker 7 (37:29):
The Senate parliamentarian who basically acts as a referee making
sure the bill follows strict Senate rules. She says several
key medicaid provisions being considered are out of bounds and
would need sixty votes to pass instead of a simple majority.
Speaker 2 (37:44):
There are several things in here that she has said, No,
can't keep this here. Can't do it because this has
nothing to do with the budget. And so because there's
nothing to do here with money, you can't keep this
in this position. You have to take this out. So
(38:05):
there are several key things in there, including some of
the biggies. What Yeah, So Medicaid provider and tax restriction
under the Bird rule, it's policy, not budget. Gender firming
care and immigrant coverage blocks not budget related, public land
sales not direct fiscal impact. And then several other things
(38:30):
that are in there that are policy and regulatory more
so than budget. And so what you would need is
to get that sixty threshold. And so that isn't going
to happen, So they're going to have to go back
try to figure something out.
Speaker 7 (38:49):
The Medicaid reforms include new work requirements, a crackdown on fraud,
and closing a loophole that states use to boost the
Medicaid funds they get from the government. Critics, including some Republicans,
closing that loophole will force many hospitals in rural areas
to close.
Speaker 2 (39:05):
There is no doubt, by the way, that this is
going to be a serious issue if there is some
damage done to Medicaid that causes people to get kicked
off of Medicaid, even though they may be doing the
right thing for whatever reason it happens. Because we don't
(39:26):
know what the final bill looks like, but I will
tell you this, if that happens, there's going to be
hell to pay in the midterms, because this is what
this is all about. Trump sees this as this is
my big, beautiful bill. This is amazing. It's the biggest
tax cuts in history. If we don't do this, the
world's going to fall apart. No hyperbole there. So it
(39:47):
has to be done. I look at this and think,
there's a lot of debt. I don't see every way
we're going to pay for it. And oh, did I
mention there's a lot of debt. Plus the meta.
Speaker 14 (40:00):
Okay, is it's that that is quietly and now getting
louder being spoken throughout the halls of Justice.
Speaker 2 (40:10):
No, not justice. Oh that would be cool, throughout the
halls of Congress. That we better watch out. And was
it Mitch McConnell said yesterday that that people will get
over it, they'll forget it. No, No, people have long
memories when it comes to stuff like this. It's about
the taxes, Chad, this is going to make everything great. Kevin,
(40:32):
let me start with the bill.
Speaker 29 (40:33):
You know you heard Chas reporting there's it seems like
a bumpy ride here this weekend in the Senate and
then maybe in the House.
Speaker 8 (40:42):
I think this kind of bill is always a bumpy
ride at the end. What happens is that you've got
relected leaders of the Senate who are going through their
normal process to digger about last minute things right up
to the very end. And we respect that process, and
we have high confidence that the majority leader is going
(41:03):
to deliver a bill that can pass the Senate and
pass the House, and on the fourth of July or
even before, President Trump is going to side the big,
beautiful bill. And we're so confident in that because of
the analysis that we have that shows both what happens
if we pass the bill and what happens if we don't.
If we don't pass the bill, it's the biggest tax
hike ever. It gives us a four percent drop of GDP,
(41:26):
an immediate recession.
Speaker 2 (41:27):
If we do pass the.
Speaker 8 (41:28):
Bill, then we get amazing growth over three percent over
the next ten years. We put ten thousand dollars into
the pockets of American families, we secure the border, and
so on. So the choices are clear, but you know,
people are going to be talking about the details right
up to the last minute because that's what that's what
the Senate does. So we respect the process and we
don't want to await care, manage that.
Speaker 2 (41:49):
Do I think this is going to do all of
those things now, because it's never all of those things.
Partially because you put everything out for ten years, so
in three and a half years you may not be
here and people could pivot away from this, and some
of that stuff you put out there may eventually be gone.
(42:11):
That happens. Secondly, both sides predict what they think is
going to happen if everything goes the way they think
it's gonna go. Meaning the laugh thinks that everything's gonna
go to hell and a hab basket, Medicaid's gonna fall apart,
and we're gonna lose billions and billions, zillions and trillions
(42:32):
of jobs. It's is gonna disappear, We're gonna be it's
gonna be the worst. The right thinks this is the
greatest thing ever and everything's gonna go perfect, and we're
gonna do this and it's gonna give us all stuff
and we're never gonna be in a better position. The
reality is somewhere in the middle. Is it gonna add debt? Absolutely,
(42:53):
and if they tell you it's not, they're fooling themselves.
Is it going to for the economy, for a little bit.
There's a very good chance it will. Do we need
tax cuts for the wealthiest, I don't think we do.
I would have rather seen that code of the middle class.
(43:16):
It's great that they've got a lot of money in
here for the border, so that's a good thing. So
there's a lot of things in here that are good.
A lot of them are bad, and a lot of
it is. We're gonna talk to Zach Abraham about this
a little bit. A lot of it is kind of
one of those things where you're just gonna have to
(43:36):
play it out to see what it looks like. But
the left, they're looking at Medicaid, seeing what happened there
and if they can get this done, and the right
just wants to make sure those tax cuts come through.
Three two, three, five, three eight, twenty four to twenty
three At Chad Benson Show, is your ex your Insta
(43:58):
as well as your YouTube Chap Benson Show TV, like
and subscribe. Meanwhile, will they be getting a new mayor, Yes,
that's right, a new mayor in the City of New
York or will it be the old mayor? Interesting questions.
Speaker 17 (44:17):
Mom Donnie, who proudly calls himself a democratic socialist campaigned
on freezing rent, making buses free, and opening city run supermarkets.
In November, he'll face the city's current mayor, Eric Adams.
Speaker 10 (44:28):
He's a snake oil salesman. He was say and do
anything to get elected.
Speaker 17 (44:35):
Adams was indicted on corruption charges, which were later dismissed
by the Trump administration.
Speaker 2 (44:41):
Yeah they were, and he apologized, like, look, I hired
some people, maybe we had some issues. I didn't think
this was gonna happen though, So you're gonna have for sure.
Adams sleewah, who is the He seems to always run
for a well, I think he has run for governor,
(45:01):
but mayor of New York. Of course. He's the guy
who's the founder of the Guardian Angels. And I thought,
no way Cuomo's getting in this thing after what just happened.
Speaker 30 (45:10):
But former New York Governor Andrew Cuomo says he will
stay in the New York City mayor's race despite his
upset loss in the primary. Cuomo, who enjoyed support from
big money donors, says he'll be on the November ballot
as an independent.
Speaker 2 (45:26):
What does that do?
Speaker 4 (45:27):
You can do a lot.
Speaker 2 (45:28):
I mean, you can split these votes here in a
serious way. Slee Wall will get some, Adams will get some,
Cuomo will get some. Will there be enough for this
guy to not only get some, to get over the hump?
Democrats are worried the GOP is love it is. They
want this guy to be the dude.
Speaker 22 (45:49):
Yeah.
Speaker 31 (45:49):
Look, Republicans are going to do everything they can to
make sure people know exactly who he is and make
him famous. I mean, as you noted, the House Congressional
campaign has called him the midterm mascot for Democrats. They're
going to try to put him in front and center
because frankly, he leans right into the stereotypes that Republicans
have been trying to promote for Democrats. This is a
(46:09):
party that is very unpopular right now, and he basically
embodies a lot of the things that people have criticized
Democrats for, the sort of wokeness, the socialism that he
himself embraces. So yeah, Republicans are going to make this
really painful for Democrats. And they're able to do that
because the Democratic Party doesn't really have a leader right now,
(46:29):
they don't have a face, So someone like this in
such a big profile, high profile city could really fill
that space. And look who knows whether or not it's
going to be effective, but I assure you Republicans are
going to try to use it to their advantage one.
Speaker 2 (46:41):
Hundred percent, as they should. They'd be foolish not to
use this to an advantage. But he's scaring the Democrats
as well, because they don't really have an effective leader.
They're kind of a hot mess in a lot of
places on the national level, in many places in the
local level, they're on the struggle bus. And this guy, Yeah,
(47:04):
he and AOC make him front and center on everything
you possibly can one hundred percent. And so Democrats even
yesterday when they're asking him questions, a lot of them
since he had the upset victory the other night, they
keep him kind of at his arm's length because he
(47:24):
scares them. Because he's young, he's vibrant, he's got tons
of energy, and he's also goes against a lot of
even what they believe and crushes the establishment.
Speaker 31 (47:34):
Well, turning out your base matters, especially in a midterm election.
And if you can credibly make the case that Democrats
are a party that is run by socialists, yeah, I
think that is something that Republicans have been able to
use pretty effectively in recent elections. I think it is
part of why the Democratic parties favability ratings are so low.
(47:54):
Look another thing that I think is important to appreciate, though,
I don't think Democratic leaders in Washington we're too happy
about what happened here.
Speaker 2 (48:01):
I think they realize that.
Speaker 31 (48:03):
This is not a good look for them.
Speaker 32 (48:04):
Now.
Speaker 31 (48:05):
They're going to put a good face on it themselves,
of course, but they understand the public perception that their
party has and it certainly doesn't help them other than
maybe providing a jolt of energy to their own base.
Speaker 2 (48:15):
We'll find out it's going to be very interesting. Indeed,
three two, three, five, three eight, twenty four to twenty
three at chadventson show is your ex You can ax
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(48:37):
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(49:20):
dollars value. You cover the costs of shipping Roughgreens dot
com slash chad. Come it up, somorrown yesterday's interesting press
conference about Eiron with heg sas talk a little bit
about that, and our buddy' Zach Abram, Chiefvestment Officer Board
joins the program at the bottom of the hour. It
is the Chad Benson.
Speaker 1 (49:38):
Show, Chadbnson.
Speaker 2 (49:51):
Yesterday there was a press conference about the strike against
Eiron Pete Hegseth.
Speaker 3 (49:57):
There are so many aspects of what our brave men
and women did that because.
Speaker 2 (50:02):
Of the hatred of this press.
Speaker 3 (50:03):
Corps are undermined because your people are trying to leak
and spin that it wasn't successful. It's irresponsible, and folks
in this room are privy to that information because of
the proximity here in the Pentagon. It's an important responsibility.
And time and time again, classified information is leaked.
Speaker 2 (50:22):
Or pedaled for political purposes to try to make the
president look bad.
Speaker 3 (50:25):
And what's really happening is you're undermining the success of
incredible B two pilots and incredible F thirty five pilots,
and incredible refuelers and incredible air defenders who accomplished their
mission set back a nuclear program in ways that other
presidents would have dreamed.
Speaker 2 (50:42):
Now, I'm going to say this, it was never about
the pilots and the men and women that carried out
the mission that was amazing. Whether or not it worked
to the point where we obliterated everything, we set them
back a decade. Well, that is going to take time.
(51:02):
Even before this happened. You remember we had Mike c
Lions honors or military analysts. We have them on every week,
and he said, and this was a week before it
even took place. That Look, even after the bombs hit,
you're still going to have to have people go in
there and make sure it's destroyed. So once again, not
(51:25):
about the men and women. But yes, the media loves
the fight. They do. They framed it ridiculously wrong. Mark alpron.
Speaker 5 (51:37):
The fragment of a preliminary report by one part of
the intelligence community should not have been cast as CNN
and The New York Times did, as some definitive judgment
on whether it worked or not or how effective it was.
Speaker 2 (51:48):
It's insane, and it it.
Speaker 5 (51:49):
Opens the door to the Secretary of Defense of the
president have the debate about fake news here.
Speaker 2 (51:55):
They do absolutely have the debate because it was an
absolute bs lie. Now you could say part of a
report that we have gotten says that it may not
have been as successful. Okay, that may be true, but
it's a preliminary report. You got to put that out there.
It is a portion of it, and you didn't do that.
(52:16):
Three two, three, five, three, eight, twenty four twenty three
at Chad Benson Show. Is your ex your Insta and
all the other social media sites that you can go
to and connect with us right here on the Chad
Benson Show. And this is why people don't trust you.
Speaker 5 (52:32):
It's just it's insane because the Pete Hegseth is correct.
They put out a fragment of a preliminary report, and
they framed it as if the president was lying. It's
insane what they did.
Speaker 2 (52:46):
It's insane. You're absolutely right there, My friend Mark Calfrin
and heg Seth and the entire administration have every right
to be frustrated. They do. Now, do I think that
we destroyed everything? No, because I don't think they had
all their eggs in one basket. I think they had
put it in several different areas, especially once they knew
(53:09):
there could be more things coming, and so I think
they probably moved some out. That's why both Rubio and
jd Vance would like to know if they did move
some of the uranium out. And there are other places
that even the international community has admitted that they have
that are secret. Now, do they have the centrifugeias, do
(53:30):
they have the things to get it up? And running.
Can they How long will it take them to break out?
We can debate that all day, but that goes back
to having people on the ground to see exactly what
kind of damage was done, and that's an assessment we
don't have. The Israelis say it was pretty well beat
to hell. Okay, they're the best at the world at intelligence.
(53:53):
So do I think that the media was ridiculous? Yes?
Was it because they hate the president at times? Was
it because they enjoy the fact that war is good business.
There's a portion of that that may be true as well.
Coming up, our good buddy, Zack Abram, chief investment officer
Bull Capital, is going to join the program. We're gonna
talk about the impact of war on the economy and
(54:14):
the economy itself. He joins the program straight Ahead, Chad Benson.
Speaker 32 (54:17):
Show, Son Chad Benson Show, The Chad Benson Show.
Speaker 2 (54:43):
That the way we had that time of the week.
We talk little politics, a lot of financial stuff. Zack Abram,
chief investment Officer, Bull War Cap Rennes Show sponsor the show.
All right, brother, war has been avoided and that's a
good thing for the economy. I think. I guess it
depends unless, of course, our economy is good, but we're
so upside down that's not good for us.
Speaker 33 (55:02):
Peace in our time, man, piece in our time. We
were just talking about this.
Speaker 2 (55:06):
Today.
Speaker 33 (55:07):
The economy is throwing off all kinds of mixed signals.
When you consider the things that are on deck, it
shouldn't be surprising. I don't know if I've ever seen
a period of time where you have this many cross
signals and people will go, well, COVID was crazy, it was,
but it was very binary, right, yea, it was. Economy
has been shut down, they're printing pot loads of money.
Speaker 2 (55:30):
Is that going to work? You know what I mean?
Speaker 33 (55:31):
It was a fairly simple binary one or zero outcome.
When you look at the world today and you look
at it geopolitically, what's going on? You think about the
impact it has on commodity prices. When you look at
the dollar now breaking really testing downside support. At the
same time, the US housing market is not in good
(55:52):
shape now, and that touches a lot of different parts
of the economy.
Speaker 2 (55:56):
It still does.
Speaker 33 (55:57):
It's not as big a part of the economy as
it would have been twenty five years ago.
Speaker 2 (56:01):
But you know, like I tell people, think about.
Speaker 33 (56:03):
The parts of the economy that get touched when you
build a new house, right, like everything, right, Yeah.
Speaker 2 (56:09):
You buy a new house. You want to get new appliances,
you buy a new house. But the house is built
with all kinds of stuff, manufactured businesses. I mean, it's
it's a it is the most important purchase and it's
also the thing that you when you buy it is
going to have the most impact on the economy inch
by inch, yep, yep. And so.
Speaker 33 (56:32):
Then you see you see what really looks like some
pressure on consumer spending. You see more and more loans
coming out of deferment, which is going to be a
further drain and a further stress on consumers. And that
being said, though, flip around and you know the big
beautiful bill boost government spending by another half a trillion dollars, right,
(56:55):
So you look at all these different cross currents. Now,
to be fair, it's not entirely fair to say it
boosts it by half a trillion dollars because you do
have to offset that with tariff revenue. Right, But remember
tariff revenue is going to be offset by higher prices
as well, So we'll have to see what that number is.
But bottom line is government spending is going higher, right,
(57:17):
And you know, when you're running deficits chat is seven
to eight percent the entire size of the economy, it
makes it harder for that economy to go into recession. Yeah,
And people go, well, what are you talking about, Zach,
And I go, well, remember government spending virtually and especially
for us these days, and this will be the same.
Speaker 2 (57:35):
It doesn't go down in recessions. It typically goes up. Right.
Speaker 33 (57:39):
So when you start thinking about being at seven or
eight percent of the deficit, that is spending that is
not going to be impacted regardless of the economic outcome.
Speaker 2 (57:51):
Right. And so then you.
Speaker 33 (57:53):
Think about historically normal levels of deficits, let's call it
two to three percent.
Speaker 2 (57:58):
So you've got more than double the amount of.
Speaker 33 (58:04):
Let's call it government stimulus than you would normally have.
And what that means is you have an economy that's
less vulnerable to tipping into recession. And now does that
mean that bad things can't economically happen? No, But it
opens up you know, I think the avenue that it
really opens up is the potential for stagflation, right, Yeah,
(58:25):
where maybe you've got GDP growing, but you've got inflation
nullifying a good amount of that wages.
Speaker 2 (58:33):
All of that, It's like being stuck in quicksand running uphill.
Speaker 4 (58:36):
I worry.
Speaker 2 (58:38):
I would rather have a recession and then get our
footing and take off than be Japan of the eighties
and nineties where you're in stagflation.
Speaker 33 (58:47):
Hell yeah, yeah, And you know, and I very much
agree with you. The other thing that I think is
something that you've got to keep an eye on is
I very much believe that is this administration's policy to
get the value of the dollar down while keeping a
lid on oil. Look, these things are not going to
be bad if that. Let's say you avoid a recession
(59:11):
that is serious in any way, shape or form. Right,
maybe you have a nominal recession, but I mean, you know,
let's say you have a quote unquote technical balance sheet
recession right where you get a reduction in GDP for
two quarters in a row, and let's say the unemployment
rate doesn't go above five to five.
Speaker 2 (59:25):
With that level of government spending, it is entirely.
Speaker 33 (59:28):
Possible you have a recession that doesn't even really feel
like one, right because because that government spending.
Speaker 2 (59:32):
Level is just so large.
Speaker 33 (59:35):
But I think it is the stated object object of
this administration to get the value of the dollar down significantly.
A lot of people think that levels between eighty eight
eighty six on the DXY, the Dollar Index. The reason
I bring that up is because what is the thing
I've been talking to you about saying that, Look, I
think there's plenty of companies in the United States that
will continue to do well, and I think if you
hunt for value, you can find it out there.
Speaker 2 (59:56):
The problem is is that's not how everybody's invested.
Speaker 33 (59:58):
Everybody's loaded up up on the meg seven stocks at
the top, everybody's loaded into the Triple qs and Spy
and I just think that.
Speaker 2 (01:00:06):
Game is over.
Speaker 33 (01:00:06):
And the reason I think that game is over is
based on a valuations right b looking at how long
US markets have rallied with virtually no other significant markets
in the world keeping up with them. But all of
these things that we are describing, you know, at DXY
at eighty six to eighty eight, right, you know, dollar down,
(01:00:28):
avoiding a serious, serious recession. Then you look at then
you look at the valuation spreads around the world. You know,
like I was telling you, we're up between sixteen and
seventeen percent on the air right now, market's up three.
There's really no clever thing we've been doing other than
buying really cheap good companies overseas, picking up some here
in the United States. But man, these opportunities just abound
(01:00:52):
if you're looking outside the United States and the unloved sectors,
and if they are trying to get the dollar down,
which everything they're doing suggests that's the case. If they
can keep a cap on oil, if you're talking about
in this world right now, a DXY between eighty six
and eighty eight and oil between sixty to seventy, Katie
(01:01:14):
bar the door, emerging markets are gonna go ballistic. And
then you go into those markets and look what these
assets are valued at.
Speaker 2 (01:01:24):
Again. You know, people are all caught. Is the US
breaking out? Is it?
Speaker 4 (01:01:27):
You know?
Speaker 2 (01:01:28):
My answer, I don't care.
Speaker 33 (01:01:29):
I'm looking at all this other stuff, and people are like, well, Zach,
you know, even our clients saying, well, Zach, should we
pull back on some of that stuff.
Speaker 2 (01:01:36):
We've already had a great part to you.
Speaker 33 (01:01:37):
And I look at them and I go, Guys, when
you look at what's going on economically, we've got a
lot of stocks that are up forty fifty sixty percent
on the year, they're cheaper than when they started the year.
When you look at their earnings, trajectories and the underlying fundamentals,
I think that if people stay in these US concentrated
meg seven portfolios, it's going to be a disappointment. I'm
not pretending or I'm not forecasting pain or an absolute
(01:02:00):
collaps or anything of that shape, way, shape, or form.
I just think as great as the US trade has
been for the last fifteen years, I think it's going
in reverse. And then you look at the valuation spread,
you look at the trajectory the dollar, you look at
all these things. The setup for emerging markets and international
stocks is as good as coming as it was coming out.
Speaker 2 (01:02:18):
Of O eight on nine. A lot of people have
no idea that there's other markets you can invest in.
They think the stock market is the stock market, that's it.
Nowhere else to do it. But they have no idea
Emerging markets are everywhere, opportunities are everywhere, and it's it
always fascinates me that they're in positions that their guide
that they talk to once every six months or a year,
(01:02:39):
who cookie cutters him into stuff. We got you some apple,
we got you some of this, and some of that
and this will be good. Just just ride it out.
It'll be fine. And that's because it's just easy to
cookie cut. The United States is the best place to
have capital. Okay, So we look at the depth of.
Speaker 33 (01:02:55):
Our markets, the fact that we have the world reserve currency,
we have the most developed regular tis bodies.
Speaker 2 (01:03:01):
It's the best place to have capital. So US markets deserve.
Speaker 33 (01:03:04):
A premium, but they don't deserve the premium they're trading at.
Speaker 2 (01:03:07):
And it just comes down to fundamentals.
Speaker 30 (01:03:10):
Right.
Speaker 33 (01:03:10):
You look on one side of the corner and they're
trying to sell you a ten dollars bill for twenty
five bucks. Should look at the other street corner and
they'll sell you a ten dollars bill for seventy five cents. Right,
So it really is that simple. The real concern. Like
I was saying, people like you don't think US markets
are going to collapse for a variety of different reasons.
I don't think they're going to collapse. But here's the thing.
(01:03:34):
You know what it feels like to get let's say,
two or three percent annualized growth in an environment where
inflation's running at five.
Speaker 2 (01:03:41):
Or six feels like a loss.
Speaker 33 (01:03:44):
It is you're looking at a loss over a ten
year period of time, that's right alongside forty to fifty percent.
And when you look at the historical value. So you're
in a really interesting spot right now. Because you know,
people are always like, well, the timing is hard. Timing
these things is hard. But very rarely do you get
opportunities like this where the valuation spreads between international stocks
(01:04:06):
in the United States or any market for that matter,
have never been They've never been further apart ever, you know,
I mean, unless your thesis is there will only be
one market, and it's like the Highlander, right there can
only be one you know what's probably a pretty good time.
And like I said, you know you don't have to
wholesale it. I was telling you about Nike. We bought
(01:04:27):
Nike about a month ago. We thought it was to
be down and got a good earning support. Today we're
up eleven percent and after hours there are places. But
so much of these valuations and so much of these
prices have gotten so ridiculous. You really have to sift
through US markets and make sure things are priced in
a way that makes sense.
Speaker 2 (01:04:45):
And I'll give you an example of something that doesn't
make sense.
Speaker 33 (01:04:48):
Microsoft is one of the most incredible companies to ever
to ever you know, ever operate the faith.
Speaker 2 (01:04:54):
But you're now talking about.
Speaker 33 (01:04:56):
A three point six trillion dollar company trading at thirteen
times revenue. I know for a fact the average investor
doesn't realize how insane that is. There was a guy
by the name I believe it was Scott McNeely who
was the CEO of Sun Microsystems.
Speaker 2 (01:05:14):
Remember Sun my stoma, one of the big go go
tech bubble ones.
Speaker 33 (01:05:18):
Right. He gave an interview around like two thousand and three,
two thousand and four after the price of their stock collapse,
and everybody's like.
Speaker 2 (01:05:24):
What went wrong? And he goes, what are you talking about.
They're like, well, the stock collapse, and he goes, listen.
Speaker 33 (01:05:28):
He goes, Sun Microsystems is doing fine, he said, but
when investors bid your stock up to and his mile
marker was ten x, when they bid your stock up
to ten x revenue, He's like, that's absurd. They you know,
it's not our fault that they bid the stock level.
He's like, what that's assuming is that for the next
ten years you're gonna have no overhead costs, right, You're
(01:05:52):
not gonna have to pay any taxes, you don't have
to pay any labor expen And he just sat there
like an accounting basis and was like, it's ridiculous. Unless
you've got a company that growing at eighty percent a
year in terms of revenue growth, that valuation is going
to be a disaster. Well, some Microsystems was not the
number one stock in the S and P five hundred
by market cap waiting back then, right, that.
Speaker 2 (01:06:12):
Was an also ran that was at the bottom of
the Nasdaq.
Speaker 33 (01:06:15):
Now you've got Microsoft trading at thirteen times revenue.
Speaker 2 (01:06:21):
Great company, but yeah, not interested.
Speaker 1 (01:06:24):
You know.
Speaker 33 (01:06:24):
I just when you see these other valuations out there
around the world, it's on the flip side of that.
We just this week purchased the Latin American bank that's
been around forever, sterling reputation, great border directors, stock trades
on the New York Stock Exchange. Thing is growing at
double digits, got a fortress balance sheet, and it's paying
(01:06:46):
a fourteen percent annual dividend and trading at four times earnings.
Speaker 2 (01:06:50):
That's a win.
Speaker 33 (01:06:52):
Yeah, I mean, it's hard to lose you buy a
stock like that. Truthfully, unless there is some kind of
fraud involved.
Speaker 2 (01:07:00):
It's almost it's close to me as bulletproof as possible.
It is one hundred yes, just common sense bulletproof. Something
can happen, but the odds of it are much slimmer
than buying something trading thirty Oh well yeah, Leah. So
the way I look at it, chat, if you had a.
Speaker 33 (01:07:17):
Portfolio full of things those things, right, if you had
a portfolio full of stocks that fit that deal, that
portfolio is gonna kill it. You'll you'll have a couple
positions in there that don't play out. But if you
buy a portfolio of companies that are growing double digits,
that have fortress balance sheets, and you're paying four to
five times earnings and you're getting double digit dividend returns, that.
Speaker 2 (01:07:38):
Portfolio is going to win. Amen, Amen Zach Abrahm, chiefvestment Officer,
Bullet Capital. People want to reach out to you, They
want to talk. Do you want to get a second opinion?
Speaker 4 (01:07:44):
What do they do?
Speaker 33 (01:07:45):
Bullwartcapitalmanagement dot com? Or you can google our podcasts, Know
Your Risk podcast. You can find us on YouTube all
the different social media channels. We do our daily broadcast
that's usually twenty five to thirty five minutes total summation
of everything that went on important that day in the
world world of finance and economics or and government and politics,
and a great place to get a summary. We're also
(01:08:06):
active money management money managers, so like I say, yeah,
reach out Borercapitalmanagement dot com.
Speaker 2 (01:08:12):
We're we're not hard to find. You're the man did
We'll do it again next week? All right, man, thanks
for having me. Fun as always. Investment Advisor SERVICESELF with
your Trick Financial LLC and sec register Investment Adviser investments
val rest not a guarantee, pansformers not guarantee future results.
Trick two five to two one seven three two three
five three eight twenty four to twenty three at Chad
Benson shows your X your insta Birch Gold Gold and
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Speaker 4 (01:09:07):
This is it?
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Like and subscribe as well as our Facebook. It is
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Speaker 34 (01:09:51):
Welcome to chest No, not the country, the institution, the
Chad Benson Show.
Speaker 2 (01:09:58):
Well, kids in the sky, it's a plane, It's what
is that it's on fire. Catherine Farr capturing it on
dashkin video while driving down eighty five in Anderson County,
South Carolina. That ball of fire falling in clear blue skies.
I think it's just like a once in a lifetime experience.
Speaker 26 (01:10:16):
You know.
Speaker 1 (01:10:16):
It was really cool to see, but just definitely out
the ordinary.
Speaker 2 (01:10:21):
A ball of fire, you mean a fireball.
Speaker 35 (01:10:24):
Stunning images showing fireballs darting across the southeastern US sky.
I did witnesses reporting the spectacle from Florida, Georgia, North Carolina, Tennessee,
and South Carolina Thursday, just afternoon. Watches the bright flashes
of light come bolting down the otherwise clear blue skies,
(01:10:45):
Noah's Geostationary Lightning mapper detecting the flashes, and NASA confirming
it was a meteor traveling at thirty thousand miles per hour.
Speaker 2 (01:10:53):
That is really fast. So I'll let you guys know
that it was awesome to look at. And what's crazy?
He is cameras everywhere nowadays, seeing everything.
Speaker 5 (01:11:08):
Everything.
Speaker 35 (01:11:09):
Some residents in Central Georgia reported hearing loud explosions and
felt their homes tremble. The National Weather Service of Peachtree
City Georgia, posting images of debris and holes in the
ground and homes damage they say was caused by fragments
and the sonic boom from the meteor. So far, no
injuries have been reported. According to NASA, meteoroids are space
(01:11:30):
rocks that range from tiny dust grains to small asteroids,
and are called meteors. When those space rocks enter Earth's atmosphere.
Scientists estimate that nearly fifty tons of space debris falls
on Earth each day.
Speaker 2 (01:11:44):
Thank god, nobody was hurt. It's big. It was firebally,
And I tell you what makes you think what could
be coming next? Because you say fireball and I say
a warning shot. Really no, but it was awesome to
see three two, three, five, three eight, twenty four twenty
(01:12:05):
three at Chad Benson Show. Is your ex your insta
Kevin's Show TV. That is your YouTube? Check out our
Facebook as well. Right here on the Chad Benson Show.
Coming up our number three of the program, So breaking news,
birthright citizenship news. Scotus has spoken. We're going to try
(01:12:29):
to break it down. It came down a little while
ago and you're trying to parse through everything. What does
it exactly mean? We're gonna do our best to break
it down for you coming up in our number three
as we look and investigate this is going to be
very interesting. Uh, but it looks to be a win
for the administration. But if you think birthright citizenship ends
(01:12:51):
today and then that it's over and you've got to leave,
you're wrong. We're going to talk about that coming up
in our number three of the program straight ahead right
here on the Chad Benson Show.
Speaker 1 (01:13:03):
This is the Chad Benson Show, The Chad Benson Show.
Speaker 2 (01:13:32):
It's birthright citizenship, but not quite birthright citizenship? What does
it mean? Scotus is speaking and these things are all
coming out today. But obviously people are looking at this one,
the birthright citizenship case, as the what now. I want
(01:13:53):
to remind everybody this is not about birthright citizenship. It
is about individual federal judges in the cases of Trump's
executive orders to try to end birthright citizenship. So this
isn't a case about it. So I think that's the
(01:14:15):
confusing part because of the way it's been spun.
Speaker 25 (01:14:18):
Okay, yes, so this is at least a partial if
not a full, And we're reading this because there are
several concurrences here but it's written by Justice Barrett, which
goes against the ruling that I just gave the guidance
because she's one of the least junior justices, which she
was assigned to write this opinion, and essentially what she says.
She says some say that the universal injunctions give the
(01:14:38):
judiciary a powerful tool to check the executive branch, but
she says, federal courts do not exercise general oversight of
the executive branch. They resolve cases and controversies consistent with
the authority Congress is given to them. When a court
concludes the executive branch has acted unlawfully, the answer is
not for the court to exceed its power. Sounding very
much like they are limiting these injunctions, we know here
(01:15:00):
that they have granted at least partially the stay to
these preliminary injunctions. But they say only to the extent
that the injunctions are broader than necessary to provide complete
relief to each plaintiff with standing to sue. They say
the lower courts have to move expeditiously with respect to
each of these plaintiffs. Says the injunctions are also stayed
to the extent that they prohibit executive agencies from developing
(01:15:23):
and issuing public guidance about the executive plan instent implement
the executive order. If you remember part of this executive
order on birthright citizenship, the stay was that the agencies
that would be responsible for actually implementing the change with
birthright citizenship, those agencies couldn't even start making a plan.
So that part of it is lifted as well. We
(01:15:44):
do see that the descent here comes from the three
justice As you expect, it looks like Justice Sotomayer filed
the descent. Kagan and Jackson joined that. Justice Jackson also
filed a dissenting opinion. But there are a lot of
concurrences here, just as Thomas, Justice Alito, there are others.
Speaker 1 (01:16:02):
So we'll parse through this.
Speaker 25 (01:16:03):
But at its first blush, it looks like this is
a win and putting a limit on these nationwide injunctions.
Speaker 1 (01:16:08):
We'll see how far those limits go as we dig
back through this.
Speaker 2 (01:16:11):
So to surmise that judges can't just say stop everything.
We're checking you. And I'm not talking about Scotus. I'm
talking about lower court federal judges saying stop everything. So
when you hear birthright and that's what this was brought on.
(01:16:34):
This was not the case of the actual whether or
not Trump and the administration can just say we're going
to get rid of birthright citizenship.
Speaker 4 (01:16:44):
It was not that.
Speaker 2 (01:16:45):
This was about the court overstepping its boundary or not
overstepping its boundary, and being able to stop something even
before it starts. And so this is it's confusing because
you know you've got different states, and you know everybody's like,
so what does that mean today? Is it over? Is
it not over?
Speaker 36 (01:17:06):
This was only about whether the district judge could enjoin
the enforcement of that nationwide. What we'll now see is
the actual question of what the fourteenth Amendment means, whether
a president acting alone without Congress, without an amendment to
the Constitution can change our understanding of how we've implemented
that for the last one hundred and fifty years. That
(01:17:27):
question will go back to the Supreme Court.
Speaker 2 (01:17:30):
So, now that they've got that out of the way,
I'll try to break it down for you best as
i can, super layman style. So the judge can't stop
the executive branch from that ruling, can't just stop it nationwide. Okay,
So that there's that, Now what happens is the administration,
(01:17:55):
the agencies that could move forward and this can move
forward in in their process. Now, the case itself that
will be brought will then go up to the Supreme Court,
which will then hear the case of whether or not
(01:18:16):
Trump can essentially say I don't need Congress, we don't
need to do a constitutional amendment. I myself can do
this and get rid of birthright citizenship at this moment.
That wasn't what was on the docket that Scotus ruled on,
(01:18:38):
which I think is confusing a lot of people is
I think a lot of people thought that this was
just about birthright citizenship, and that's not true.
Speaker 37 (01:18:48):
A case like birthright citizenship might be that kind of
classic case where the constitution needs to mean the same
thing across the nation. You don't really want a scenario,
whatever you're position is on the policy issue of birthrights citizenship,
where citizenship means different things in different places.
Speaker 2 (01:19:08):
And so that's why the actual case itself needs to
go up to Supreme Court, because what you know, state's rights.
What if the state over here decides you're not part
of this country and you're you're like, wait, what So
even though you're born here. They may recognize you in
New York or California or Washington State or somewhere like
(01:19:31):
that as a citizen, but we don't have to recognize
you here. So now the big case will go forward
up to the Supreme Court. And already you know that
you knew that was going to happen. So when you
hear birthrights citizenship, this was about the judges today and whether.
Speaker 12 (01:19:51):
Or not.
Speaker 2 (01:19:53):
They have the right to overrule the executive branch at
the lower court level. Now the case will truly begin
three two, three, five, three, eight, twenty four to twenty
three at Chad Benson Show is Your ex Meanwhile, yesterday
at the Pentagon, Pete Hegseth I thought did a pretty
(01:20:15):
damn good job basically saying, hey, media, you're bsing and
lying to people about stuff when it comes to the
strike on Iran, and stop it.
Speaker 3 (01:20:29):
There are so many aspects of what our brave men
and women did that because of the hatred of this press,
corps are undermined because your people are trying to leak
and spin that it wasn't successful. It's irresponsible, and folks
in this room are privy to that information. Because of
the proximity here in the Pentagon. It's an important responsibility.
(01:20:52):
And time and time again, classified information is leaked.
Speaker 2 (01:20:56):
Or pedaled for political purposes to try to make the
president look bad.
Speaker 3 (01:21:00):
And what's really happening is you're undermining the success of
incredible B two pilots and incredible F thirty five pilots,
and incredible refuelers and incredible air defenders who accomplished their
mission set back a nuclear program in ways that other
presidents would have dreamed.
Speaker 2 (01:21:16):
Now, I don't think it is an undermining of the
job that our men and women did. I think the
execution of everything that they did, from the ordering of
it to handling it was phenomenal. The taking a portion
of an early intelligence report that was just a as
(01:21:41):
fragmented and making that the story is it's not destroyed,
it's none of these things that was bs and it
was a lie. Now, you could have released that saying
we've got early indications that it wasn't you know, successful
the way that the you know, administration thinks it is,
and then say, but this is only early. I mean,
(01:22:03):
you could have just done it like that, but you
came it out as the gospel, and you can't do
that now. I think we'd be foolish to think that
they didn't move some stuff. I think it'd be foolish
to think that there isn't another side or two that
has some equipment where they could get going semi quickly,
(01:22:27):
you know, relatively quick fashion. I think that's that's probably real.
But did we set them back a decade, a couple
of years. That's going to be determined by probably having
people on the ground in some way, shape or form
(01:22:48):
looking at this stuff, because at this moment in time,
it's a bit of a guestimation. You do your best,
but you have to. I mean, we don't even know
how deep that bunker that they had everything in was.
But the way that the media spun it was this
(01:23:08):
was a disaster, and it's it's not. And we did
send him back how far back? That's the thing that
remains to be seen. And meanwhile, yesterday something that's not
been talked about touched on a little bit in the
first hour. Kilmar Obrego Garcia, the Maryland man he is.
(01:23:31):
He was in court yesterday because they're going to I
think release him today. But by releasing him now he's
on trial on federal charges of smuggling and they're going
to release him, but his release will come immediately to ICE,
and at that point in time, well, the trial hasn't
(01:23:53):
even started yet. ICE could do several things, including deport him,
and he can't go to l Salvador.
Speaker 19 (01:24:01):
That we do know.
Speaker 22 (01:24:02):
This update is a result of what the judge asked
the Justice Department to do, and that was to coordinate
with DHS to figure out if he would be taken
into ICE custody and to make sure that if he is,
that that custody is somewhere near the vicinity of this court. Because,
as Abrego's lawyers argued, he needs to be able to
defend himself against these federal charges on smuggling. There was
(01:24:22):
a chance he could have been taken to somewhere like
Louisiana or Texas. His lawyer said that would be very difficult.
It would be hard for him to have access to
legal counsel there. It's actually kind of unusual that we
would get kind of a showing of the cards from
the Trump administration of one agency talking to another like
this in court. Oftentimes, the Justice Department will comply with
in order release someone from federal custody, and ICE swoops
(01:24:45):
in and arrest him in the parking lot of the
courthouse or in the courthouse, and this case they had
to talk because it was the judge's order.
Speaker 2 (01:24:52):
So this will be pretty interesting to see how this
places itself out and whether or not they're going to
deport him. We were seeing sitting there yesterday contemplating on
what country that he may go to, and we decided
he may go to South Sudan, and there's not a
lot going on outside of civil war. Have fun three two, three, five,
(01:25:13):
three eight, twenty four twenty three. Etch admits to show
it's your ex and your Insta coming up a little
watch trending straight ahead. But first, Roughgreens Areuffgreens dot com, vitamin's, minerals,
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You got a rough green dot com slash chad, that's
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Chad Benson.
Speaker 4 (01:26:17):
Joe.
Speaker 1 (01:26:29):
Chad Benson.
Speaker 2 (01:26:32):
Now it's time to find out what's trending. What's trending.
Speaker 29 (01:26:45):
Norway, Oman, Pakistan, Qatar, Russia, Sereno.
Speaker 24 (01:26:56):
What trupping?
Speaker 2 (01:27:00):
Let's find out what's trending on the webs of the
inter and net. Shall wear squid Game three leading the
trend on Yeahoo, Boston Celtics. Donald Trump, Trump threatens to
sue The New York Times for unpatriotic reporting. Can't make
this up. You're not taking this serious chair What kind
(01:27:22):
of patriot are you?
Speaker 15 (01:27:25):
Just?
Speaker 2 (01:27:25):
I don't know. I would say big beautiful Bill trending.
Elon Musk, Jeff Bezos and his big beautiful wedding kil
Mar al Brego Garcia trending. He of course being the father,
the loving father, the Maryland Man, remember how they described him.
(01:27:48):
I has said they're going to take him to custead
immediately when he is released from being held for his
charges of smuggling humans. Head over to Google, RB Salzburg
and Real Madrid and no one train anything and a
winter Woo. She is the was the Vogue editor in chief.
(01:28:13):
She's going to Randy Control, but she's stepping down. Oh my,
rick Hurst Duke's a hazard star passed Awaight, age seventy nine,
Justin Tucker, arguably the greatest kicker in NFL history and
apparently has a little Deshaun Watson in him. It's been
accused of several improprieties with ladies. Bill Moyers, great veteran
(01:28:39):
public TV journalists, passed Awaight age ninety one. Moron Squid
Games Wander Franco, superstar baseball player and now going to
prison guilty of sexual abuse. Senate parliamentarian, also trending. People
like what the hell is that? Three two, three, five,
three eight twenty twenty three at Chad Benson Show. Is
(01:29:01):
your ex and your Insta? Now you know it's trending
right here on the Chad Benson Show. Over finally to Twitter,
Democratic Party, Eric Adams, Islamophobia, communist scammers, Lord Lord, Eric Adams,
(01:29:24):
the Bear. These are all the things trending in the
magical world of x slash Twitter. It's not actually trending
on the show, it's trending on the interwebs. We reported
what people are searching for and looking for. That's how
that works when it comes to what's trending. Okay, one
(01:29:45):
of the things it was trending was Bezos getting married.
Speaker 27 (01:29:48):
What Bezos, the founder of Amazon, worth an estimated two
hundred and thirty one billion dollars, sparing no expense for
the affair, which is largely shrouded in secrecy.
Speaker 2 (01:29:58):
Secrecy. Everybody's happy about it.
Speaker 27 (01:30:02):
Right, Protesters have taken over local landmarks, but not all
locals are unhappy. Mike John, who works in tourism in Venice,
have you noticed that business is busier because of the wedding? Yes.
Speaker 32 (01:30:13):
Absolutely.
Speaker 2 (01:30:14):
The work on the city is at the high level
in this moment, and everybody is excited or anxious.
Speaker 9 (01:30:21):
For the event.
Speaker 2 (01:30:22):
It's another one of those weird situations, right, Like the
Europeans we've talked about this. They like the idea of
tourism and tourism dollars. They hate the reality of the tourists,
if that makes sense. So they like it to be
sleepy and quiet in their own little thing and at
the same time without all of the stuff, the events,
(01:30:44):
the weddings, the visitors, they starve so so catch twenty
two there, three, two, three, five eight, twenty four to
twenty three at chet that he shows your ex coming
up next. Jim Kennedy, Kennedy Institute Public Policy Research, Chat Benzichell.
Speaker 28 (01:30:59):
Chat Benson Show, The Chad Benson Show's having a week.
Speaker 2 (01:31:23):
To talk to a good buddy. Jim Kennedy at the
Kennedy Institute of Public Policy Research. Jim, let's start in California.
You get a vice mayor in Cuta Haey, California, kind
of a as I say, a bedroom community out there
just on the outskirts of La County, and the vice
mayor second in charge wants the gangs Eighteenth Street in
(01:31:44):
Florencia of cut A Hay to rise up against ice
and take the streets back. What's the latest on that nutshob?
Speaker 4 (01:31:54):
Yeah, and both of.
Speaker 29 (01:31:54):
Those gangs actually do have histories of going after police
officers and killing and or wounding them.
Speaker 4 (01:31:59):
So this isn't just you know, this isn't an idle threat.
Speaker 29 (01:32:02):
They are people that are I would not to say,
would say skilled in taking down police.
Speaker 4 (01:32:06):
But are but you know, actively pursue it. So she's
literally calling for them to shoot ice.
Speaker 29 (01:32:10):
And I believe she's under a federal investigation now, and
with the new ADA that's in the federal ADA that
that's in Los Angeles now, I wouldn't be surprised to
see something brought up, to see her brought up on
some charges.
Speaker 2 (01:32:24):
You know.
Speaker 29 (01:32:24):
I'm sure that the left will scream about prosecuting your
political enemies and free speech and so on and so forth,
but I would think it's time to teach her a
lesson about what you say, especially as somebody who's you know,
I mean, if she was just the UCLA DEI person, okay,
that's fine, but she's an you know, she's at least
an elective, not an appointed official to a city. She's
(01:32:45):
you know, she's responsible, she's the mayor. If the mayor
dies leaves, goes out of town. So this is something
that's serious and she needs to be taken seriously. And
we we just, you know, we just keep get letting
the left go off and do these things and just
it's part of their whole resistance and it's really got
to be shut down. I mean, I'm sorry that people
that are here illegally are trying to live a better life,
(01:33:06):
but you got to do it the correct way. And
it's it's really interesting too, is how many people because
you look at Karen Bass, the mayor of Los Angeles
unfortunately and all of the others that talk about Padilla
has been on there now about about how many people
are being impacted in businesses the h A bunch of
cities across LA the last couple days have canceled their
Firth of July because they don't want, you know, that
(01:33:30):
many possibly illegal aliens in one place where ice could
come through and sweep them up at all in one,
you know, in one fair swoop.
Speaker 4 (01:33:38):
And it's like you start being how many illegal aliens
do we have in Los Angeles.
Speaker 29 (01:33:42):
That we've got you know that there's this much disruption
of the business life and other life if you know,
if you just basically start saying ice is coming in.
They said also that La County Hospital La County General
is down thirty two percent and.
Speaker 4 (01:33:58):
Er visits over the last two or three months.
Speaker 29 (01:34:01):
And they again think it's people that are afraid to
come out and go to the hospital for afraid of
immigration rate. So we might have a lot more legal
aliens in Los Angeles and California and general than we
thought we had based upon some of these numbers, which
is insane.
Speaker 2 (01:34:15):
Talking to Jim Kennedy, Kennedy answered, pug Policy Research, We
meet the Zorn. Remember that moves that don't mess with
the Zorn or the Zohan. Don't don't mess with the
Yeah so R.
Speaker 4 (01:34:27):
He's got an R the movie, doesn't I believe?
Speaker 2 (01:34:29):
Yeah, So now there is the don't mess with the Zohann?
Was it Mundani believe that's how you pronounce it. Yes.
So this is what the left is doing, right Like
this is their jam. Their jam is, Hey, we need
a guy that's more than a bit anti Semitic. We
need a guy that definitely wants to be not a socialist,
not a democrat socialist like they always try to pitch
(01:34:51):
us from Sweden, high taxes, lots of safety nets, but
a straight up communist is the way that they're thinking
in New York.
Speaker 4 (01:34:59):
That this sh go. Yeah, I mean basically as a conservative.
God bless them for.
Speaker 29 (01:35:04):
The strategy and they I hope they really just grab
it and try to try to take the ball and
just take across the goal line in twenty twenty six.
With this, I think it's wonderful for the you know,
for the Republicans, But if you're a Democrat, you've got
to wonder about. Okay, we don't understand why we lost
in twenty twenty four.
Speaker 4 (01:35:21):
We have some ideas the general's contents would be. Not
progressive enough.
Speaker 29 (01:35:27):
Wasn't the reason they lost, But yet they want to
double down on progressive and progressive to the point of
being a Marxist.
Speaker 4 (01:35:33):
And this is just absolutely lunatic.
Speaker 29 (01:35:36):
This is I'm working on a substack on this to
kind of go through all each of his policies that
he wants and explain the absolute lack of any economic
foundation other than if you've taken Marxist economics of how
any of these are going to work, what the disasters
they will turn into, and the problems they will cause.
That's going to require someone to come bail them out,
(01:35:57):
because they're going to lose billions and billions of trying
to do these things. Not to mention, yes, the anti
Semitism or New York is somewhere between twelve and fourteen
percent Jewish, but yet there are plenty of wealthy liberal
Jews that are voting for him. Alan Dershowitz, lose in
New York wasn't one of them and has called him
(01:36:18):
out for being anti anti Semitic. So has Dan Goldman,
who I generally despised as a congressman from New York,
but he has called it. He too, has condemned him
for being anti Semitics. So it's going to be very
interesting how this is going to play out.
Speaker 4 (01:36:32):
If this gives, you know.
Speaker 29 (01:36:34):
Someone else a chance who's not a Democrat to win
the mayorship, does it have a chance for someone to
jump in. I don't think the Republican's going to win,
but he gives Adams a chance. So he's not the
greatest guy in the world, but he's not an anti
Semitic Marxist, so maybe we have to vote for him instead.
Speaker 2 (01:36:49):
Yeah. Yeah, and look this guy Mandannie, he scares the
ever living crap out of every for the most part,
every politician on the Democratic side. That's not the aocs
or the squad folk.
Speaker 29 (01:37:04):
If you're looking at this as an unbiased person, not
looking for one side, you know, a left or right
to win, he is not the candidate you want to
run if you think he is. Basically, what I can
say is, as someone who lives in California, look at California,
look at San Francisco. This guy is to the left
of even anything that San Francisco has produced. And San
Francisco is a raging dumpster fire for which we do
(01:37:26):
not yet see a bottom and they will continue to
vote for Democrats in San Francisco.
Speaker 4 (01:37:31):
And I think that's what possibly has to happen.
Speaker 29 (01:37:33):
Is in New York City, Unfortunately, it's one of the
major cities in America and has got you know, one
hundred billion dollar budget or something, and you're talking about
substantial amounts of money. They're going to be lost, They're
gonna have to be bailed out because this isn't going
to work.
Speaker 4 (01:37:47):
And it's just, you know, this is not the problem,
This is not the answer. New York problems are not.
Speaker 29 (01:37:51):
Based upon a lack of progressiveness in the politics of
the city. That is definitely not Go back and look
at the Rudy Giuliani days. Whatever you may think of
him today, he saved and bailed out New York City
by common sense policing and common sense politics. Rudy wasn't
that much of a right winger in those days, because
the only way you're gonna get elected in New York
is if you're somewhat of a moderate Republican. And he
(01:38:13):
just brought common sense to policing and common sense to
everything in New York. And that was probably over the
last thirty or forty years New York Heyday. And since
Rudy left has kind of gone downhill from there. And
this guy is not going to revive the days of Rudy.
He's going to basically push it back to the days
of to the mid seventies when New York was just
an absolute dumpster fire. Just you just didn't have, you know,
(01:38:33):
twenty four hour news channels to remind you as a
dumpster fire.
Speaker 4 (01:38:36):
True.
Speaker 2 (01:38:37):
And by the way, Jim Kennedy of Kennedy Institute Public
Policy Research, New York City budget is one hundred and
twelve point four billion dollars. That is insane. That's a
city budget, and he wants to do what he wants
to give away. He wants to have I mean no
cash bell was I forgot, I mean some of the
stuff I was, I forgot, the insanity, no cash bail.
(01:38:59):
He wants to fund the police, he wants to do
everybody public transit is completely free, city run grocery stores
and all of this stuff which he doesn't get to decide.
Those are the council people, of which he's one of them.
Speaker 4 (01:39:16):
Now they're not doing that exactly.
Speaker 29 (01:39:18):
Somebody pulled Americans on what do you think the margin
of a grocery store is the market The answer on
average was like thirty two percent.
Speaker 4 (01:39:27):
It's like the marketing of a is between one and
three percent. That's the after tax profit.
Speaker 29 (01:39:32):
They sell a lot of stuff to make very little money.
It's a lot of work and the only thing the
reason they work is they work on volume. And that's
why you see all of the big chains consolidating because
you can, you know, don't you don't need two CFOs,
you don't need two directors of or vps of HR
consolidated down and add and add that, you know to
your sales, and maybe you can get a little bit
(01:39:52):
cheaper products from Procter and Gamble or somebody on the
stuff that you stock there by buying more. But yeah,
it's basically a very low margin business. Plus you got
also the risk nowadays and people walking out. That's what
I'm curious of is that's one of the first things
I thought of. Okay, city run supermarkets. What are you
going to do with a guy that's low, you know,
low low carcerol, who doesn't want to jail anybody. What
(01:40:14):
are you gonna do when the people start walking out
of the super city on supermarket with food.
Speaker 2 (01:40:17):
And not paying nothing, They're gonna He'll do nothing. They'll
do nothing. And that's the thing.
Speaker 29 (01:40:21):
Yeah, and then if they do arrest of them, they'll
get they get to walk out because they've got no bail,
and they'll go back and steal more and they'll It's
just this is not going to ever work out.
Speaker 4 (01:40:30):
There is no way, There is no fantasy that you
could live in that this is going to work out.
Speaker 29 (01:40:36):
Then also he wants to you know, rent control, Well,
I guess the one thing, and you know, rent control in.
Speaker 4 (01:40:42):
A market that doesn't have enough housing.
Speaker 29 (01:40:45):
Hi I'm a landlord and I want to buy more
I want to build more housing, But you're telling me
that the rent's going to be capped, and I probably
have a really, really hard time evicting people if they
don't pay. I'm gonna take a guess, because that's kind
of a one of those policies that kind of ties
in with all of this marks progressivism. So why am
I gonna want to build more units in New York City?
(01:41:05):
Donald Trump could certainly lecture them on that as somebody
who's built, you know, thousands of units in New York City.
Speaker 4 (01:41:11):
But I don't know.
Speaker 29 (01:41:12):
I don't know if New York is really willing to
take this leap, or if they're gonna have you know,
someone's gonna throw cold water in their face sometime before
November and wake them up and go guys, now, look
at San Francisco. This guy's worse than anybody San Francisco
is ever elected, and they're a dumpster fire. You don't
want to go down this path. Yes, Adams isn't great. Adams,
(01:41:32):
you know, is not the best choice, but he's the
best choice for New York right now based upon the
list of candidates, or it's going to get progressively worse.
Speaker 2 (01:41:42):
Absolutely, talking to Jim Kennedy, Kennedy is to the public
policy research. Uh, we bombed Duran, nothing else happened. I
think Trump did bb a favor. I think that favor
has ended, and I think now he wants peace, even
though Bibe may not want peace. But the reality of
all of this is in the battle it's gone on
(01:42:03):
since this, we don't know how bad it was damaged.
There was a leak report that it was at preliminary report,
which they even eventually acknowledge. Yeah, you know, based on
the preliminary but we've got more data. We don't know
how bad it is or isn't. But to say that
they didn't move some of this stuff, and to say
that it's been set back years and decades, I don't
(01:42:25):
think we can we can buy into that, because nobody's
gonna put all their eggs in one basket.
Speaker 26 (01:42:31):
No.
Speaker 29 (01:42:31):
The number, Yeah, it turns out that the two month
one probably is int accurate.
Speaker 4 (01:42:36):
It's probably longer than.
Speaker 29 (01:42:37):
I've seen an analysis by people that have talked to
the Israelis and the Israeliers are looking at their thinking
it's between eighteen months and thirty six months. They've set
them back, so a year and a half to three
years somewhere in that range, so they're not out for good.
Speaker 4 (01:42:53):
It's substantial in the sense they've got to spend time, money,
and energy.
Speaker 29 (01:42:57):
Plus not to mention how many nuclear scientists or nuclear
techs or physicists that we have oft that have been
killed by bombing and or targeted assassination. So they've got
fewer people that can do this, they've got less facilities
to do it. So yeah, they'll probably be able to.
The thing is, again, I know we kind of disagree
(01:43:18):
on this, but I would like to see I'd like
to see somehow and Iranian backed regime change that would
be peaceful people that would decide that we don't need
you know, nuclear weapons, we don't need atomic weapons, we
don't need the bility to blow Israel or other small
countries off the map, and that it's best for the
people of Iran if we go out and basically you know,
(01:43:39):
you know, build upon our natural resources of oil and
develop economies around that that we can you know, that
we can become a technology area something like that where
they can basically use the money for good rather than
for the houthis or for the Hamas or for Hesbola,
or for just raining terror on everybody else and give
the people some freedom and not make it a theocracy.
(01:44:01):
But that's got to come from within, and I don't
really know how we exactly do that. Hopefully they are
smarter people than me out there that know how to
do that, and that would probably be the best option
for everybody.
Speaker 4 (01:44:10):
But I'm not sure how you encourage that.
Speaker 2 (01:44:12):
It's gonna be interesting joke Kennedy. Kennedy has to do
public Paul's research. Good talking to you, brother. We'll do
it again next week.
Speaker 4 (01:44:17):
Thanks Chad, appreciate it.
Speaker 2 (01:44:18):
Love talking to Jim three two three, five, three eight
twenty four twenty three at chat Benson Show, is your
ex your instant? All the other things? Wrap it up
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We're gonna wrap it up straight ahead. This is the
Chad Benson Show.
Speaker 34 (01:45:39):
Deep States No Deep doo doo e, the Chat Benson Show.
Speaker 2 (01:45:46):
It is that time of the week where we wrap
up the show and the week that was, and we
take a relaxing and enjoyable look and listen back to
all the chaos and craziness that happened. Oh baby, It's
finally Friday. Why is one hundred degrees? I don't know.
Speaker 37 (01:46:01):
I'll go to warming.
Speaker 32 (01:46:02):
We knew it's gonna be hot, but we just brought
water and dealing with it.
Speaker 4 (01:46:06):
It's gonna be hot.
Speaker 9 (01:46:07):
It's definitely gonna be hot, but we're prepared.
Speaker 2 (01:46:10):
Hoping for the pets is really just drinking water hydrided.
Speaker 10 (01:46:13):
These conditions could be deadly, life threatening if you are
not prepared.
Speaker 11 (01:46:18):
I'm gone one hundred dollars walking in my beautiful I
know how I saved.
Speaker 2 (01:46:23):
Anybody's burning a hold right through my pargeting and do
my skim I mon morning, I'll be brown.
Speaker 11 (01:46:33):
It's fine Friday.
Speaker 24 (01:46:34):
I'm a free spare.
Speaker 4 (01:46:36):
I'm done.
Speaker 2 (01:46:37):
My motor running again. It's fine.
Speaker 12 (01:46:43):
We're going nowhere took some time, the thud taking the
NBA by storm for the first time, the NBA champion resides.
Speaker 4 (01:46:53):
In Oklaholma City.
Speaker 2 (01:46:55):
We did what it took this here to be champions,
and we deserved this.
Speaker 13 (01:46:57):
With the first pick in twenty twenty five NBA draft,
the Dallas Mavericks select Cooper Flag finely bed.
Speaker 2 (01:47:05):
Five free again. I've got my motor running. Wow again,
It's fine.
Speaker 11 (01:47:13):
I'm not we're getting the working Conservatives.
Speaker 28 (01:47:19):
Love to drink and drive, So can I have twenty
minutes finished, my accellen.
Speaker 15 (01:47:24):
I'm so proud to be here to say to the
people up the city of New York, I am seeking
re election.
Speaker 16 (01:47:31):
This is not the first time the President Trump is
going to come in on myself.
Speaker 2 (01:47:35):
I be hurting and my head in and by Jersey army.
Speaker 11 (01:47:40):
Wonder if I ever said on a windy and a
thirty hours slowly.
Speaker 2 (01:47:45):
Unity find in my own up. Fine man, Fiday, I'm
a free again.
Speaker 24 (01:47:53):
I got my motor running, my wow again.
Speaker 31 (01:47:56):
It's fine.
Speaker 2 (01:47:58):
Fire forget.
Speaker 6 (01:48:04):
A short time ago, the US military carried out massive
precision strikes on the three key nuclear facilities.
Speaker 3 (01:48:12):
Many presidents have dreamed of delivering the final blow to
Iran's nuclear program. Choose your word obliterating, destroying Iran's nuclear
capabilities by design.
Speaker 4 (01:48:25):
We don't bread our own homework.
Speaker 2 (01:48:26):
The intelligence community does. They don't know what the food
they're doing.
Speaker 4 (01:48:30):
You understand that.
Speaker 6 (01:48:31):
God bless the Middle East, God bless Israel, and God
bless America.
Speaker 2 (01:48:36):
Thank you very much, You're welcome. Thank you, sir. Three two, three, five,
three eight, twenty four twenty three at Chad Benson's Show.
That is your ax, your Insta, your YouTube as well
as your Facebook. Check out our YouTube, like and subscribe
their chat Benson Show tv, and make sure you grab
the podcast if you miss any of the show. Because
we're fun, That's what we do here on The Chad
(01:48:57):
Benson Show. Fun enjoyable week, no doubt about that. Lot
of stuff happened. It seems to be usually summer is
kind of quiet. It's not been that way, and I
don't think it's gonna be that way for another couple
weeks or so. Listen, last night I did thing on
the YouTube. You able had chance check it out, talking
about the extremes, and I'm over this insanity. You know,
(01:49:19):
when we put the show together, our whole thing was
to have fun with politics and pop culture, and we
do that, but also to fight against the insane extremes
that live out there that want to get you to like,
share and click on their stuff, and pelebrities politicians who
think they're celebrities. That's why we do what we do.
You guys, have a great weekend. We'll do it again
(01:49:39):
on Monday. Don't take everything so serious as always, Night
Night Drive.
Speaker 1 (01:49:43):
This is the Chad Benson Show,